Saturday, August 31, 2019
International Accountancy Quiz Question from Test Bank
* Question 1 2. 5 out of 2. 5 points | | | The following inventory information above was taken from the records of BlobeKom Ltd. :Historical Cost            $12,000Replacement Cost        $ 9,000Expected selling price  $10,000Expected selling cost    $   500Normal profit margin    10% of selling priceUnder U. S. GAPP, what should the Balance Sheet report for Inventory? Answer| | | | | Selected Answer:|   $9,000| | | | | * Question 2 2. 5 out of 2. 5 points | | | How should the cost of borrowing funds to acquire or construct property, plant, and equipment be accounted for under IASB rules, as revised in 2007?Answer| | | | | Selected Answer:|   It should be added to the other costs of acquiring fixed assets to determine the amount for the balance sheet. | | | | | * Question 3 2. 5 out of 2. 5 points | | | The following inventory information above was taken from the recor ds of BlobeKom Ltd. :Historical Cost            $12,000Replacement Cost        $ 9,000Expected selling price  $10,000Expected selling cost    $   500Normal profit margin    10% of selling priceUnder IAS 2, what should the Balance Sheet report for Inventory?Answer| | | | | Selected Answer:|   $9,500| | | | | * Question 4 2. 5 out of 2. 5 points | | | Under IAS 16 (Property, Plant, and Equipment), subsequent revaluation decreases are:Answer| | | | | Selected Answer:|   first recognized as a reduction in any related revaluation surplus| | | | | * Question 5 2. 5 out of 2. 5 points | | | Which of the following is generally true about the differences between U. S. GAAP and IASB standards? Answer| | | | | Selected Answer:|   U. S. GAAP tends to be more rule-based, and the IASB standards tend to be principles-based. | | | | * Question 6 2. 5 out of 2. 5 points | | | Th e â€Å"Seventh Directive†issued by the European Commission is a statement to the European Union (EU) members concerning:Answer| | | | | Selected Answer:|   Consolidated financial statements| | | | | * Question 7 2. 5 out of 2. 5 points | | | What basis does the International Accounting Standards Board use in formulating its IFRS? Answer| | | | | Selected Answer:|   A framework of accounting principles| | | | | * Question 8 2. 5 out of 2. 5 points | | | What was the â€Å"Norwalk Agreement? Answer| | | | | Selected Answer:|   A pledge between the Financial Accounting Standards Board in the U. S. and the IASB to make their reporting standards compatible| | | | | * Question 9 2. 5 out of 2. 5 points | | | How does IAS 34 (Interim Financial Reporting) differ from U. S. GAAP? Answer| | | | | Selected Answer:|   U. S. GAAP takes the position that interim periods are an integral part of the full year. | | | | | * Question 10 2. 5 out of 2. 5 points | | | W hich of the following statements is true about accounting harmonizaiton?Answer| | | | | Selected Answer:|   All of the above are true about accounting harmonization| | | | | * Question 11 2. 5 out of 2. 5 points | | | From a practical standpoint, what is the goal of accounting standards harmonization? Answer| | | | | Selected Answer:|   Reducing the conflict among national accounting standards| | | | | * Question 12 2. 5 out of 2. 5 points | | | Which of the following inventory valuation methods commonly used in the U. S. is NOT allowed under IAS 2 (Inventories)? Answer| | | | | Selected Answer:|   LIFO| | | | | * Question 13 . 5 out of 2. 5 points | | | Why does the IASB believe that a principles-based approach to standard setting is superior to a rules-based perspective? Answer| | | | | Selected Answer:|   Detailed prescriptions or rules encourage accountants to look for ways to circumvent the rules rather than trying to provide useful information. | | | | | * Question 14 2. 5 out of 2. 5 points | | | In which of the following countries is the use of IFRS not allowed for domestic companies listed on its stock exchanges? Answer| | | | | Selected Answer:|   United States| | | | * Question 15 2. 5 out of 2. 5 points | | | What types of issues cause differences between International Financial Reporting Standards and U. S. GAAP? Answer| | | | | Selected Answer:|   All of the above may be different between IFRS and U. S. GAAP| | | | | * Question 16 2. 5 out of 2. 5 points | | | According to the Framework for Preparation and Presentation of Financial Statements of the IASB, what is the definition of INCOME? Answer| | | | | Selected Answer:|   Increase in equity (other than from contributions by owners)| | | | * Question 17 2. 5 out of 2. 5 points | | | In 1990, the European Commission stopped issuing directives related to accounting. Why? Answer| | | | | Selected Answer:|   The EU was leaving the formulation of accoun ting standards up to the IASC. | | | | | * Question 18 2. 5 out of 2. 5 points | | | If a company chooses the revaluation model permitted in IAS 16 for fixed asset measurement:Answer| | | | | Selected Answer:|   it must update the valuation so that the balance sheet represents fair value on the balance sheet date. | | | | * Question 19 2. 5 out of 2. 5 points | | | Which of the following items is considered to be the most significant impediment to accounting harmonization? Answer| | | | | Selected Answer:|   Nationalism| | | | | * Question 20 2. 5 out of 2. 5 points | | | According to IAS 16 (Property, Plant & Equipment), what is the term used to indicate the amount for which an asset could be exchanged between knowledgeable, willing parties in an arm's length transaction? Answer| | | | | Selected Answer:|   Fair market value| | | | |
Friday, August 30, 2019
Short Story of Roald Dahl
â€Å"A Connoisseur's Revenge†Plot/Description This is one of my favorite Dahl stories, and the one with (I think) the most potent twist in the tail of all. It's not until the very last sentence that you understand the true story. Spoiler warning! Lionel Lampson is a wealthy older gentleman who enjoys fine art and the company of the upper classes. One night he escorts a vulgar woman named Gladys Ponsonby home from a dinner party. Gladys, who is a little drunk, shows off a new portrait of herself that she had commissioned. She tells Lionel a secret – the artist, John Royden, paints all his subjects first in the nude, then in their underwear, and lastly in their clothes. He is shocked and correctly deduces that this is why all the wealthy women in town are rushing to have their portraits painted by him. Gladys then changes the subject and asks Lionel about his relationship with a young beauty named Janet de Pelagia. Lionel is embarrassed until Gladys relates that earlier that afternoon Janet had called him a â€Å"crashing bore†. Lionel is outraged and forces Gladys to repeat the entire conversation. He is so upset to hear what Janet thinks about him that he swoons. The next day he wakes and vows revenge. He hits upon the perfect plan and calls up this artist Royden. He tells him that he'd like a picture of Janet, but doesn't want her to know about it. He pays Royden a handsome amount for his services, and then goes off to Italy for four months. By the time Lionel returns, Royden has finished the painting and it's the talk of the Royal Academy. Royden delivers it to Lionel, who can't wait to move on to the second part of his plan. He is an expert clearner and restorer of paintings, and very carefully he begins to remove the top layer (the clothing) of the painting. By the time he has finished, Janet de Pelagia is standing before him almost life-size in nothing but her underclothes. Lionel then invites Janet and all the top members of society to his home for a dinner party. He keeps the dining room dark and they eat by candlelight. At the very end, he has the maid turn on the light. As he slips from the room, he has the pleasure of seeing on Janet's face the â€Å"surprised, not-quite-understanding look of a person who precisely one second before has been shot dead, right through the heart†. As the outraged guests begin to exclaim over the painting, Lionel gets into his car and speeds off to his other house. Two days later, he receives a phone call from Gladys Ponsonby that kills his good mood. She tells him that all his old friends are against him and have sworn never to speak to him again. Lionel begins to feel quite bad. Then, in the post arrives a letter from Janet forgiving him and saying that she knew it was a joke and that she's always loved him. She also sends him a jar of his favorite food, caviare. As the story ends, Lionel mentions that he might have eaten too much of it, as he isn't feeling too well right now. In fact, he says, â€Å"come to think of it, I really do feel rather ill all of a sudden. †(If you don't get it, she sent him poisoned caviare as her revenge
Thursday, August 29, 2019
Becoming a Human and the Transformative Power of Grace
Becoming a human has both a philosophical and theological inclination. For Hegel, becoming is the unity of being and nothing. It means that being exist out of nothing and this being undergone a process of development which made the being a becoming. So becoming means the being in transit, or in the coming to be. Theologically however, becoming means more than the existence of being out of nothing.Becoming means not only transformation; it is a movement from one condition to another (Wawrykow, p. 22). Becoming involves change and development. Applying becoming to human being therefore speaks of the origination of the human beings, which was simply nothing as being come out of nothing and what men will be is still a becoming.In theology and religion, becoming a human usually apply to Jesus Christ as God who became man. In Saint Paul’s letter to the Philippians chapter two, verse. 7 referring to Jesus, Paul says â€Å"but made himself nothing,†Here the essence of becom ing is clearly manifested.It was from this situation that Jesus became human and Paul goes on to say that when Jesus became nothing he was becoming a human â€Å"taking the very nature of a servant†verse 7. Jesus previous condition according to Paul is that he was â€Å"in the very nature of God†Verse 6 in which he has moved to a different condition of becoming a human being. In his letter to the Romans, Paul describes the human condition in Chapter 3 verse 23, as being lost in sin and had fallen short of God’s Glory.Paul categorically said that all have sin and God will punish everyone with sure death because of the sins committed. The gravity of man’s sins according to Saint Paul is that even men knew God â€Å"they neither glorified him as God, nor gave him thanks†Chapter 1 verse 21. Thus, Jesus becoming a human is an act of grace made available by God to human being. This is clearly explained by Paul in chapter 6 verse 23, which says,  "For the wages of sin is death but the gift of God is eternal life in Christ Jesus our Lord†(NIV).Here there are two theological discussions involve about the condition of human being. First, all human beings according to Paul have fall into sin and deserved God’s punishment. Andrew Purves and Charles Partee call this fallen condition as depravity. Although depravity for them does not mean of total abandonment of God of the human being, they pointed out that human depravity means, â€Å"nothing about us is beyond the reach of sin. In other words, all the human faculties are exposed to sin and are indeed contaminated by sin.Paul admits this in Romans Chapter 7: 14-25, in his confession of his condition with sin contaminating all his being. Paul confessed that he wants to good but he cannot do the good he wants but the evil the he do not want to do. In verse 23 Paul explained that the reason of his struggle is that there is another law at work in him. Paul said, â€Å" But I see another law at work in the members of my body, waging war against the law of my mind and making me prisoner of the law of sin at work within the members of my body†Romans 7: 23.Because of this condition of the human being, Paul emphasized that there is an extreme need for human being to be rescued from the fallen condition. Theologians call this as redemption. This was exactly the purpose of Christ’s human becoming which Paul explained in his letter in Philippians chapter 2. G. M. Newlands contends that Jesus life, death, and resurrection were in relation to humanity in order to be reconciled to God. Newlands pointed out, â€Å"It is through the transformative humanity of Jesus Christ that we recognized the divinity within him†(p. 107).He meant that God is not only compassionate on the human being’s predicament but also the source of effective transformation. The nature of God’s grace according to William B. Arnold, there are two importa nt manifestations of God’s grace. According to him, God’s grace Comes to us â€Å"freely and without dependence on our asking†(p. 30). Paul in Romans Chapter 5 verse 8 explains this, Paul says â€Å"But God demonstrates his own love for us in this: While we were still sinners, Christ died for us. †Arnold pointed out that God’s transformative grace is God’s initiative.The implication of God’ transformative grace in human being is that it reconciled man to God, in a way that his fallen nature has been restored to its former condition prior to his fall in to sin. Paul stated in Romans chapter 11 verses 30 that gentile people had been at one time disobedient to God â€Å"have now received mercy as result of their disobedience. †Conclusion Human becoming must be seen in the context of Jesus intension of taking human dorm and live a human life, and die on the cross for the forgiveness of sin and for the redemption of humanity from the fall to sin.The transformative grace of God has been the God’s initiative and the proof of God’s love for his creation, as he did not totally leave humans just by them selves despite of their sins. The transformative grace is the grace of God that enables human to able to be united with God, through the work of the Holy Spirit. It is also the saving grace of God given to human being through the life, death, and resurrection of Jesus Christ, that who ever believes in him shall not perish but have eternal life, John 3: 16. He be then a new creation and his old fallen nature is gone I Corinthians 6:17.Work Cited Arnold, Williams. Introduction to Pastoral Care. Pennsylvania, USA: The Westminster Press, 1982. Newlands, George M. Christ and Human Rights: The Transformative Engagement. England: Ashgate Publishing Limited, 2006. Purves, Andrew and Partee, Charles. Encountering God: Christian Faith in the Turbulent Times. USA: Westminster John Knox Press, 2000. Wawrykow, J oseph Peter. The SCM A-Z of Thomas Aquinas. London: SCM Press, 2005. John 3: 16 Romans 1:21 Romans 3:23 Romans 5:8 Romans 6:23 Romans 7:14-25 Romans 11:30 I Corinthians 6:17
Wednesday, August 28, 2019
Strategic Business Analysis of Nike Term Paper Example | Topics and Well Written Essays - 3250 words
Strategic Business Analysis of Nike - Term Paper Example ences 17 Executive summary The world of the 21st century is progressing at a rapid pace, on the line of fast change and tremendous development. It is important to highlight that the fast change of the current centuryare being powered on the lines of highly connected telecommunications technology that has advanced in a tremendous way in the recent past. It needs to be mentioned that throughout the previous decade. There was a tremendous surge in the penetration of internet - based connectivity in various parts of the world. As a result of a fact acceptance of the single mode of connectivity which has developed on the lines of internet powered virtual platform in various corners of the world, it needs to be mentioned that the world has transformed into a single connected global entity. This has increasingly paved the way for easy synchronization of various trends related to globalization that are emerging from the different corners of the world. (International, 2011, p. 32) ... 158). With the growing entrance of new companies in the markets of the emerging as well as the developed economies, there is a rise in the number of substitute products as well as the number of alternatives that exist in the market. The rising number of substitute products and services is automatically providing more power to the consumers (Hirschey, 2009, p. 504). This is naturally leading a strong hand in regards to increasing the level of competition in various markets around the world. Talking in this regards, it needs to be highlighted that in order to create a factor of distinction as well as develop an arena of unique strengths in the face of extreme competition in the marketplace, it is very important for an organization to engage in the process of conducting a strategic analysis on a periodic as well as regular manner. Talking in regards to the project, it can be said that this particular research based assignment focuses on the process of providing an in-depth analysis of N ike Inc, which is considered one of the most popular multinational brands of the division related to athletic footwear and apparel in the recent times. Strategic Analysis of a company and its importance Strategic analysis of a company forms a very important part of the strategic management of a company. From the academic point of view, strategic management is the process of identifying, evaluating as well as implementation of strategies so as to meet organizational objectives. From the importance point of view, it can be said that the strategic management is highly critical as it provides a well planned process related to analyzing as well as usage of tools and frameworks for studying the internal and external environment
Information Systems Term Paper Example | Topics and Well Written Essays - 2750 words
Information Systems - Term Paper Example The company also appears in the Forbes Global 2000 as the fourth largest company in the world, considering further metrics. This is in spite of the company ranking 14th most profitable corporation in the US, also according to the Fortune 500 list. The success of this company comes from its lean management style, as well as the internal controls structures implemented within the organization. GE has in place a number of internal controls that enable it to operate both efficiently, as well as profitably. According to the latest 10 – K report from the company, it is evident that the company meets the rules and regulations criterion of the Internal Control Integrated Framework as established by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) and the PCAOB. This commission established a number of guidelines to adhere to while undertaking internal control processes and procedures, and as such, General Electric (GE) Corporation has to adhere to these provisions in order to be compliant with Internal Control Integrated Framework set by COSO and PCAOB. Initially, the essence of internal controls is to keep the company on the right course in order to guarantee the achievement of its mission, as well as ensure maximum profitability in operations. Furthermore, internal control systems are equally instrumental because they enable the company to minimize the level of surprises that they may encounter along the way. As such, internal control mechanisms enable the executive team of the company to deal appropriately with the rapidly changing economic field, as well as the growing competitive environments of trade, in addition to shifts in customer priorities and demands. Therefore, the administration of the company is better place to restructure the organization for future growth and development within the modern day dynamic business environment. The company ends up enjoying a significant wide range of benefits through it
Tuesday, August 27, 2019
REFLECTION 5 Essay Example | Topics and Well Written Essays - 1000 words
REFLECTION 5 - Essay Example Teachers serve as alternate parents in the school setting and in the absence of his mother, who is assumed to provide the comfort and nurturance he needs when he is hurt, upset, hungry, etc., he turned his need for comfort at that particular time to me. When he was assured that he was safe in the company of a trusted adult, he was able to go back to his normal routine. The new box of puzzle worked in taking away his attention to the recent accident he just had. Theorize: This episode reflects Te Whaariki’s all three goals of the first strand of well-being. For the first goal of promotion of health, the staff followed all the rules when cleaning up the room, but accidents are inevitable. It is a good thing the centre is equipped with all the necessary materials to alleviate and cure injuries such as ice and skin cream. The emotional well-being of the hurt boy was addressed as I cuddled him and whispered words of comfort until he regained his composure after the shock of the acc ident. In doing so, I nurtured his self-esteem and gave him assurance that his embarrassment of slipping was not a big deal. Gonzalez-Mena (2009) contends that â€Å"self-esteem is made up of self-image – the pictures we carry of ourselves and self-concept- the ideas we have about ourselves†(p. 205). Assuring him that the image I held of him was not affected by the accident ensured his emotional well-being. Finally, the goal of keeping children safe from harm was evident in the episode even if there was an accident. Lesson learned here is to still be vigilant for the children’s safety at all times. The classroom environment should reflect the goals and expectations of the teacher. It will also dictate somehow to the children how they will behave (Brewer, 2001). In the case of clean-up time, if children will not be safe inside the classroom, the environment should speak to them that they should stay out. Act: I shall be vigilant in preventing accidents and ensur ing the health and safety of children by being alert to danger signs. I shall further study how to promote the emotional well-being of children so when my help is needed, I will be able to provide them with what they need to be emotionally healthy children. I shall learn first-aid procedures to apply in case of accidents. Brewer, J. (2001) Introduction to Early Childhood Education. Allyn and Bacon. Gonzalez-Mena, J. (2009). Child, family, and community, family-centered early care and education. Upper Saddle River, New Jersey. REFLECTION 6 Analyse: The children enjoyed the story because it was a familiar bond that they recognized and they felt a sense of belonging in the activity. This activity specifically reflects how the Te Whaariki curriculum is implemented in class – how the children’s culture is given recognition and importance. I felt proud of myself while reading a story that reflected our culture. Theorize: Multicultural education using literature from various cultures engages such children in reading and writing and makes them eager to learn the social or cultural contributions made by various groups of people. In this case, it is the children’s own home culture, the Maori culture. The children recognized their own cultural background from the story read and appreciated it enough to ask me to read it again. Culturally-relevant teaching must be learned by teachers. Such teaching takes into consideration the cultural background of the students at all times. It also keeps in mind cultural aspects in all interactions with students on both personal and educational levels. (Edwards & Kuhlman, 2007). This activity totally reflects the Te Whaariki curriculum which is "the sum total of the experiences, activities, and events, whether direct or
Monday, August 26, 2019
Naguib Mahfouz Essay Example | Topics and Well Written Essays - 2000 words
Naguib Mahfouz - Essay Example Considerable recognition will also be given to his contribution to the world of literature through his many successful works which will certainly never fade away even though he has passed. The story of Naguib Mahfouz is similar to the story of modern Egypt itself (Lalami 2006, p.1). Born in 1911 in the Gamaliya district of Cairo, Mahfouz observed the very last days of British colonial rule and Ottoman influence, the nationalist struggle of Saad Zaghloul, the supremacy of King Fuad and King Farouq, the military revolution of 1952, the establishment of the republic, Gamal Abdel Nasser's takeover in 1954, the Suez Canal disaster, the rule of Anwar al-Sadat, the Camp David accords of 1978 and finally the brutal dictatorship of Hosni Mubarak together with the rise of Islamic fundamentalism (Lalami 2006, p.1). A devoted reader, Mahfouz had a lifelong infatuation for the history of ancient Egypt, predominantly its pharaohs: Akhenaten, who rejected pantheism in favor of monotheism; Menenre II, who ruled briefly at the end of the sixth dynasty; Khufu, who built the great pyramid at Giza and Nefertiti, Akhenaten's wife and mother-in-law to Tutankhamen (Breasted 1912, p.56). Mahfouz published his earliest novel in 1939 (The Games of Fate), and since then has written thirty-two novels and thirteen collections of short stories (Allen 1982, p.17). In his old age he had preserved his prolific output, producing a novel every year. The novel genre, which can be traced back to the seventeenth and eighteenth centuries in Europe, has no significant prototypes in classical Arabic writing (Allen 1982, p.26). Although this thrived in all kinds of narrative, none of them could be described as we recognize the term novel today (Hashmi 1986, p.19). Naguib, who was born to a middle-class family in one of the oldest quarters in Cairo, was to give a face to influential metaphors, in excess of a period of half a century, to the expectations and frustrations of his homeland. Readers have so often identified themselves with his work, a great deal of which has been adapted for the cinema, theater and television, that many of his characters become household names in Egypt and elsewhere in the Arab region (Allen 1982, p.26). Alternatively, his work, though deeply steeped in local reality, appeals to that which is universal and permanent in human nature, as shown by the relatively good reception his fiction has met in other backgrounds (Allen 1982, p.17). Views on Life Even though Mahfouz's novelistic methods have passed, as we have seen, through recognizable stages, one cannot say the same about his world view, the main features of which can be traced back to his earliest works (Allen 1982, p.17). Mahfouz appears to have sorted out the main questions about life at an early juncture of his youth and to have held on the answers he arrived at right up until his death. A sociopolitical vision of man's existence is at the very root of almost everything that Mahfouz has written. Even in a novel with a strong metaphysical claim such as "Al-Tariq" (The Way), the social message is appropriately woven into the texture of the work: man is not meant to spend his life on Earth in a futile search and his only true
Sunday, August 25, 2019
How ICT Is Applied To The Tourism And Hospitality Industries Essay
How ICT Is Applied To The Tourism And Hospitality Industries - Essay Example e tourism and hospitality industries commonly involves the execution of activities such as incorporation of telecommunications technology with computers and other essential software, which further allows the user companies to access, store as well as share information among their various operational departments. It would not be erroneous to depict in this regard that ICT has its influences in various sections of the business and it acts as a major driving force in deciding the performance of the business operations of companies functioning in any sector including tourism and hospitality sectors. The significance of ICT for companies operating in any sector can be affirmed from the fact that it is actively implemented in certain specific and vital sections of tourism and hospitality business constituted with the various dimensions of production, marketing, research and communication among others. ICT is also a prime tool for tourism and hospitality companies operating in the contempor ary business environment in the context of accomplishing daily tasks, which comprise generating business reports and executing continuous communications with the stakeholders of the business (Hooff & Wijngaert, 2005). Hence, it can be apparently stated that ICT is quite vital for businesses in various distinct domains as it attempts to make significant contributions towards enhancing the value and performance of the businesses operating in any particular sector. Aim of the Study With reference to the determined purview related to ICT, it is evident that it is used in various domains of the business context in the modern era. Consequently, in order to provide a comprehensive understanding regarding the aforementioned aspect, this study evaluates various literatures, studies and practical... The tools of ICT have been in wide use in this particular industrial context, wherein the applicant companies have understood about how these technologies might be helpful for conducting most effective business operations. It has been further observed from the research that ICT helps the players in the tourism sector to interact with the customers on a usual and efficient manner where they intend to build a healthy relationship with the same. The study further revealed that ICT also enables companies to strengthen their communication prospects within the internal and external business environments. Notably, through this approach, tourism and hospitality companies were able to enhance their performance along with operational efficiency. This aspect was justified with the example of performance augmentation of tourism industry productivity of Ireland rewarding better scope for effective communication among various business departments. Apart from this, the research was also able to dep ict the positive effects of ICT in the marketing and financing sector of tourism and hospitality industry. Nevertheless, secondary data used in this paper also revealed both favorable and unfavorable effects of ICT in the tourism and hospitality industries advocating that the benefits of its usage depend substantially on the credibility of its users. In support of this particular inference, case examples related to ICT application in China and Ghana tourism industries were presented in the research study.
Saturday, August 24, 2019
The Role of Innovation in Kodak's Dowfall Research Paper
The Role of Innovation in Kodak's Dowfall - Research Paper Example From digital consumer electronics to household trinkets, everything can be sourced out from one part of the globe no matter how remote it may be. He also emphasized that introduction of different communication devices and platform that has increased the rate of information transfer. However, his comments about sustainability of a business in a globally competitive world is true. While consumers enjoy the benefits such as low prices and more options, local markets can also lose their business. Unemployment rises as downsizing occurs since global companies prefer outsourcing services due to a lower rate. Moreover, workers are not the only affected but big companies as well. Even big name companies like Eastman KODAK was not spared from the ugly head of globalization. Only this year, the Wall Street Journal announced the company’s filing or bankruptcy. It was a shock to the public considering that it has existed for 133 years. Yet, this is a glaring example that competitiveness i s the key to survival in a globalized economy. Hence, this paper will cite the main reasons behind the downfall of KODAK. Innovation is the main element for modern businesses to survive the rigors of globalization. The areas mainly responsible in an organization’s drive towards globalization would be marketing and management. Businesslink has stated in an article the necessity of innovation after creating a product or service. More so, when innovation is applied, it can help increase profitability because the value of products or services have increased. Consumers are always on the lookout for better products that go beyond their expectations. Apple is a market leader due to the ingenuity and creativity of its beloved founder- Steve Jobs. If a company fails to improve itself, it will bite the dust just as Kodak suffered. Management gurus like Peter Drucker is one of the most innovative minds despite his age. He has this uncanny sense of seeing how businesses should market the mselves in an evolving environment. In fact , he said that If an established organization , which in this age necessitates innovation, is not able to innovate, it faces decline and extinction. Drucker (qtd. in Trout, 2006) emphasized that Because the purpose of business is to create a customer, the business enterprise has two--and only two--basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs. Marketing is the distinguishing, unique function of the business." Such words of truth should be the golden mean by companies today; moreover, Drucker emphasized the need to differentiate one’s products from the rest in order to survive the competition. Unfortunately, many businesses focus more on finances and operations and wonder later where they have failed. Although marketing does involve costs (along with innovation), it will be a constant source of revenue as long as the consumers are happy with the products. Innovation is oft en left behind because many managers are busy crunching numbers rather than developing ideas. Plus, innovation is often viewed by many business owners as costs, not as an investment. Innovation involves many creative processes that includes technology transformation as well as introduction of new strategies administered by the management (Shukla, 2009). Likewise, innovation, by itself, can be the main competitive feature of a company to rise
Friday, August 23, 2019
Theorem of Pythagoras in Mathematics Math Problem
Theorem of Pythagoras in Mathematics - Math Problem Example When I talk about the diagonal of the square, or the nine-point circle, or the Euler line, I am not talking about the often rather sketchy and highly imperfect drawing on the blackboard, but about something which underlies all particular exemplifications of squares and diagonals, nine-point circles, or Euler lines, and is independent of each of them" 2. The very fact that we use the definite article, and talk of the square, the nine-point circle, etc., bears witness to this; and by the same token, it would be absurd to ask where the square was, or to ask when the nine-point center came to be on the Euler line, or to suggest that Pythagoras' theorem might hold for you but not for me. So Plato's answer to the question "What is mathematics about" is that it is about something timeless, spaceless and objective 3. Among the five postulates which Euclid wanted us to grant the fifth one is "If a straight line falling on two straight lines makes the interior angles on the same side less than two right angles, the two straight lines, if produced indefinitely, meet on that side on which are the angles less than two right angles. ... aight lines makes the interior angles on the same side less than two right angles, the two straight lines, if produced indefinitely, meet on that side on which are the angles less than two right angles. "These were generally taken to express self-evident truths. This is somewhat surprising, in that the first three are not really propositions at all, but instructions expressed in the infinitive, and the last too complex to be self-evident no finite man can see it to be true, because no finite man can see indefinitely far to make sure that the two lines actually do meet in every case. Many other formulations of the fifth postulate have been offered, both in the ancient and in the modern world, in the hope of their being more self-evidently true"4 . Among them the most notable was "In a right-angled triangle, the square on the hypotenuse equals the sum of the squares on the other two sides" 5. Fig 1.1 6 The alternative formulations of the fifth postulate of the theorem are less cumbersome and may be more acceptable than Euclid's own version, but none of them are so self-evident that they cannot be questioned. The importance of Pythagoras proposed theorem can be seen from the fact that Pythagoras' theorem is far from being obviously true, something that should be granted without more ado, it does not need any further justifications. "In fact, none of the other alternative formulations was felt to be completely obvious, and they all seemed in need of some kind of further justification. The philosophers Wallis and Saccheri in search of a better justification, devoted years to trying to prove the fifth postulate by a reductio ad absurdum, assuming it to be false and trying to derive a contradiction. The attempt failed, but in the course of it he unwittingly discovered
Thursday, August 22, 2019
Pushed Out and Forgotten †The Batwa Essay Example for Free
Pushed Out and Forgotten – The Batwa Essay Born in the United States, I grew up believing that the children who lived next door or the boy who sat across from me in class had it all. Even as an adult, there are bits of me that occasionally envy the family with the perceived â€Å"perfect life;†church every Sunday, home office with a big window, stain-less carpets, and children with perfect hair. But, I know better. Life in the United States is something I take for granted. I knew this and needed to remind myself just how truly grateful I should be for the life I live in the great states. How do I do this? What do I need to see in order to really understand life outside America? I needed to leave my country and visit a place that has many struggles; where people live humbly. What I didn’t realize was that I would leave the country I chose to visit, wanting to go back and make a difference. Rwanda is rich with many things; culture, diversity, and land. Rwanda has also perfected the art of discrimination. When my plane landed, I could not have grabbed my luggage and left the airport more quickly. I was excited for what the change in culture would bring me. What I would take home to teach my own family and friends. Some were excited to see me and others were less than thrilled to see me traipsing my way through their lands. I did what I could to respect the people and their cultures, as I did my research before coming to Rwanda. The population there is made up of mostly Hutu; traditional farmers. The rest of the population, mostly consist of Tutsi (or warrior people) and the Batwa. Though I would have enjoyed getting to know all the different people and ethnicities of Rwanda, I spent most of my time with the Batwa (Whitelaw, 2007). The history of the Batwa is something that I came to hold close while traveling with some who are conflicted with the fear of the past and the uncertainty of their future. The Batwa were former Central Africa residents who lived their lives hunting and gathering in the rain forests. Though the lives they lived were not ideal for all, they were happy. But as time went, so was the expectation that they left their homes in order for the rainforest to be used for forestry and conservation. You may say, â€Å"So, were they compensated for the land they had to give up?†Well, no. The Batwa were physically removed from their homes and their land and were never given a red cent to live elsewhere. Kicked out of home, with no money, no good explanation, and expected to build a life in an area unfamiliar to most. The Batwa had no idea what this was going to do to their lives. They knew they did not want to leave but because of their naà ¯ve understanding of the modern world, they would face some struggle ahead. This was a disaster in the making. It didn’t help that many of people, already living in the areas the Batwa were forced to move, did not accept them as people. They were and continue to be discriminated against. The Batwa live in poverty in what is supposed to be a more modern society than what they were founded on. Yet, the population continues to deteriorate. How is this possible? It is possible because they have no land to live on, they eat the farming scraps left after a harvest, they are shunned from the education system because of illiteracy and a lack of money, they are allowed to vote but not allowed to be part of government, and they find it almost impossible to find a job that can support their needs because of discrimination and lack of education (New African, 2010). The Batwa’s situation sounded eerily familiar to me. I equated their situation to the Native American’s situation when the Europeans came to America. Pushed out of their land and forced to live a different way of life in a place that was â€Å"approved†by the rest of the people. I can imagine that the way the Batwa live is similar to the way the Native American’s are forced to live. The difference is that the Native Americans feel forced by lack of education of the rest of Americans, where the Batwa’s are forced because they are still not accepted in today’s Rwandan society. Another big difference I see is that the Batwa are a part of Africa and are being discriminated by their people. Yes, they are a different ethnicity and would live their lives differently, if not forced into another. But, they are still from the same country. After spending time with this amazing group of people, I have realized that I could not accurately explain the difference between ethnicity and race. Six months ago, I lumped those two terms together. Though they have similarities, they are different. I am a Caucasian, but that doesn’t mean it is easy to assume my ethnicity. My great friend is Caucasian, but that doesn’t mean her and I have the same ethnicity. I was born and raised in a small town out of Minnesota and she was raised in Ireland. The two terms are different. Her family traditions around the holidays are different than mine. Really understanding the differences between race in Rwanda and their ethnicities was important when trying to understand why there is and was so much discrimination. Though the race may be nearly the same, each group of people lived completely different lives. The Batwa’s lived in a rainforest and Hutu’s ran farms in a more modern lifestyle. Even the way each culture enjoys dancing is either accepted or it is not. The Batwa were forced to study Christianity, eat the foods of the modern people, and even had to learn how to wear clothing differently. The way the Batwa chose to live their lives in the rainforest would not be acceptable in the eyes of the rest of Rwanda. Ethnicity and race are different and this is why discrimination exists in Rwanda (New African, 2012). * Learning the history of how the Batwa live, by choice or not, begged the question, â€Å"what has this done to them as a people?†The discrimination of the Batwa and other small groups of people, have made it difficult for them to thrive much less survive. They impact they have on the government is nil, so seeing a dramatic change through government representation is unlikely. There are groups such as the Organization of Rwandan Potters (COPORWA) who consider the Batwa and their situations. The Batwa are value their culture and ways of life, but have lost touch because of highly encouraged religions and lack of acceptance of their culture. The Batwa do and will continue to struggle to be recognized as a minority group who needs help (Ingelaere, B., 2010). * The Batwa have lost their land, they are losing their culture, the people are not surviving, and the idea of maintaining hope is slowly slipping away. Spending time with my new found friends made me want to bring them all home with me. But, as I have learned, moving people from their homes and lives can create more problems than intended. Though, I would see to it that they were treated with the respect they deserve, it does not fix the bigger problem. The human race has much to learn about what the true meaning of love, life, and respect is. Unfortunately, discrimination and a lack of understanding is a natural course of nature. There are some things out of our control and others in which we can only influence. If I could change anything about my visit to Rwanda, it would have been to spend more time there to understand more about why the other cultures see the Batwa the way they do. Though the discrimination against the Batwa is moving at a snail’s pace in the right direction, at least it is moving that way. Until then, I send my prayers and well wishes to the Batwa people. I would also challenge those of you reading my article to take some time to travel to a place similar to Rwanda to learn about another culture; what it has to offer is far more than money can buy. * References: Batwa A people under threat. (2010). New African, (497), 38. Ingelaere, B. (2010). Peasants, power and ethnicity: A bottom-up perspective on Rwanda’s political transition. African Affairs, 109(435), 273-292. Whitelaw, Kevin. (2007). Rwanda Reborn. U.S. News World Report, 00415537, Vol. 142, Issue 14
Wednesday, August 21, 2019
San miguel background Essay Example for Free
San miguel background Essay INTRODUTION Eduardo Cojuanco, a CEO of San Miguel Corporation is having a hard time in making his decision about the risk he will take for his product know as the San Miguel Beer. He is currently re-assessing his marketing strategies to known if he can expand his plans and make it a success. His current flagship product is well known as the ‘San Miguel Beer’, is taking its slow growth rate because of its large market share. Because of this he then decided to engage in business not in line with his profession. These businesses are energy, mining and infrastructure. There’s more but these are what he chose to look real close. But we all known that San Miguel Beer is a long time-time product that was already familiar and be loved by the Filipinos. So, what would be the best decision for Mr. Conjuangco’s Company? History of the company La Fabrica de Cerveza de San Miguel, the Philippines’ first brewery – establish in 1890 with 70 employees – produced and bottled what would eventually become the country’s best selling beer. Within a span of generation, San Miguel in its familiar amber Steinie bottle would become a Filipino icon and a quintessential part of Filipino life. By 1914 San Miguel Beer was being exported to shanghai, Hong Kong and Guam. Hong Kong would later become a site of san Miguel’s first offshore operation in 1948 While brewing beer is San Miguel’s heritage and the focus of much of its expertise, the company subsequently branched out into soft beverages, food and packaging. Diversification characterized the 1920’s, with the company expanding its product line to include soft drinks and ice cream. In 1938, San Miguel began producing its own bottles. By the 1950’s, the company expanded into poultry and livestock feeds processing. From the original Cerveza that first rolled of the bottling line, San Miguel Corporation has gone to produce a wide range of popular beverage, food and packaging products which have catered to generations of consumers’ diverse and changing tastes. San Miguel Beer, the company’s flagship product is one of the world’s largest selling beers. San Miguel is the Philippine largest food, beverage and packaging company and packaging company and the one of the country’s biggest private employers. The company’s manufacturing operations extends to Hong Kong, China, Indonesia, Vietnam and Australia and its products are exported to over 40 countries around the world. San Miguel partnerships with major international companies have given the company access to the latest technologies and expertise. Partners include the Coca-Cola Company, Hormal Foods Corporation, Hormel Foods Corporation, Kirin Brewery, Yamamura Glass and Fuso Machine and Mold Manufacturing of Japan. Industry Definition COMPANY PROFILE San Miguel Corporation is the largest food, beverage and packaging company in the Philippines, employing more than 26,000 employees in over 100 facilities in the Philippines, China, Hong Kong, Southeast Asia and Australia. Our enduring brand, quality products, unparalleled distribution, responsiveness and innovation have enables us to become among the best company in Asia. Our company has been in the business of building brands for years. Our name is among the most recognized and trusted in the Philippines, appearing on more than 300 products. MISSION San Miguel Foundation, Inc. is committed to the empowerment of San Miguel host communities and various take holders by harnessing corporate social responsibility among the various San Miguel business in pursuing mutually beneficial programs that lead to self-reliance and sustainability. VISSION Vision SMC’s fundamental and historical philosophy  Profit with Honor. The following are SMC’s objectives: To provide an environment which is conducive to the development of the individual and which encourages employees to realize their full capabilities. To generate a return on funds employed sufficient to ensure an adequate rate of growth for the Corporation, and to provide satisfactory returns to stockholders. To seek and develop export markets for new products as well as for those already being produced by the Corporation. To diversify into fields which will ensure optimum utilization of management resources and a substantial contribution to corporate profits? To manufacture, distribute and sell throughout the Philippines food products, beverages, packaging products and animal feeds, being ready at all times to add, modify or discontinue products in accordance with changes in the market. To be constantly aware of the aspirations of the people and of the nation, and to ensure that San Miguel continues to make a major contribution towards the achievement of these aspirations. VALUES San Miguel is Strongly oriented towards achieving results but firmly believes that these results be achieved in a manner that uphold the highest standards of integrity and ethical practice. These are exemplified in our core value, which each and every San Miguel employee should strive to uphold: Passion for Success We will constantly strive for excellence. We will be the best we can be and create value in everything we do. We will be proactive and entrepreneurial, propelled by a sense of urgency, competitiveness and total dedication to results. Teamwork With trust and respect for each other and with unity in purpose, we will work toward our shared aspirations, transcending boundaries along functional and organizational lines. Respect for Our People We recognize our employees as individuals and are committed to nurturing their individual capabilities. We will uplift the dignity of labor by encouraging our people to be the best in their fields. We believe their growth and the growth of the organization go hand in hand. We are committed to creating a work environment that encourages open communication, camaraderie and professional growth. Customer Focus We will be our customers’ preferred choice. They will choose our products and services above others because we provide them with products and services that exceed their expectations. Innovativeness We will encourage creativity and ingenuity in our processes and systems, products and services. We will be forever looking for ways to outdo ourselves, always striving to be the first to anticipate consumer needs and deliver something better. Integrity In the conduct of our business, we will be guided by what is ethical, fair and right. We believe in profit with honor and are committed to good governance and the highest moral standards. Social Responsibility We believe social responsibility and corporate citizenship are integral parts of our business. We are committed to improving lives of people in the communities in which we live and work. AWARDS 2012 San Miguel Community Clinics Anvil Award of Merit, 47th Anvil Awards SMPF Handog Lusog Para sa Nutrisyon ng Nasyon Finalist, IABC Philippine Quill Awards 2012 San Miguel Community Clinics Award of Excellence, IABC Philippine Quill Awards 2011 Anvil Award of Merit, 46th Anvil Awards Tulong-tulong para sa Tullahan Project II Anvil Award of Merit, 46th Anvil Awards Tulong-tulong sa Tullahan 2002 Anvil Award of Excellence (Public Relations Society of the Philippines) Coca-Cola’s Mission P.E.T. 2002 Anvil Award of Excellence (Public Relations Society of the Philippines) Coca-Cola’s Mission P.E.T. 2002 Gold Quill Award (International Assn. of Business Communicators) Distileria Bago, Inc. 2002 Anvil Award of Merit (Public Relations Society of the Philippines) Distileria Bago, Inc. 2002-2003 Certifi cate of Recognition as Healthy Workplace Regional Winner (Provincial Category) San Fernando Brewery 2001 Healthy Workplace (Department of Health-National and Regional Level) Davao Brewery’s EMS and Adopt-a-River Project 2000 Mother Nature Award (Pollution Control Assn. of the Philippines, Inc.) San Fernando Brewery 1999 Employer of the Year Award (Social Security System) Polo Brewery/Bacolod Brewery/Davao Brewery/CTS-EMG 1997-2000 Ten Outstanding Pollution Control Officers (Pollution Control Assn. of the Philippines, Inc.) WARRANTY OBJECTIVES OF THE STUDY Established in 1890 as a single-product brewery, San Miguel Corporation (San Miguel) is the Philippines’ largest beverage, food and packaging company. Today, the company has over 100 facilities in the Philippines, Southeast Asia, and China. One of the country’s premier business conglomerates, San Miguel’s extensive product portfolio includes over 400 products ranging from beer, hard liquor, juices, basic and processed meats, poultry, dairy products, condiments, coffee, flour, animal feeds and various packaging products. For generations, the Company has generated strong consumer loyalty through brands that are among the most formidable in the Philippine food and beverage industry – San Miguel Pale Pilsen, Ginebra, Monterey, Magnolia, and Purefoods. Flagship product, San Miguel Beer, holds an over 95% share of the Philippine beer market. In addition to its leadership in the Philippine food and beverage industry, San Miguel has established a significant presence overseas. The Company’s operations extend beyond its home base of the Philippines to China (including Hong Kong), Vietnam, Indonesia, Malaysia, Thailand and Australia. Through strategic partnerships it has forged with major international companies, San Miguel has gained access to managerial expertise, international practices and advanced technology, thereby enhancing its performance and establishing itself as a world-class company.
Health Benefits Of Probiotics Biology Essay
Health Benefits Of Probiotics Biology Essay During the past two decades probiotic micro-organisms have been widely applied in different types of products either as pharmaceuticals, nutritional supplements or foods. Among the latter group fermented dairy products such as probiotic yoghurt are becoming popular in the market and the range of such products continues to expand commercially (Manojlovi , Nedovi , Kailasapathy Zuidam, 2010). An increasing demand for probiotic functional foods is mainly due to the plenty of evidence that exists on the positive effects of probiotics on human health. Together with prebiotics, probiotics are often showed to be effective for the treatment or control of several diseases while the enhancement of the immune system and prevention of diarrhea are the main promising health benefits (Roberfroid, 2000). In developing functional dairy products with probiotics several aspects must be taken into consideration. The main issue is the functional characteristics of probiotics. In order to exert their proposed health effects probiotic bacteria should be present at a certain level in the products therefore; manufacturers must ensure their viability and survival under industrial conditions, during storage and into the final food products. Moreover probiotic bacteria must survive intestinal bile acids and withstand gastric pH of the gastrointestinal tract (Saarela, Mogensen, Fonden, Mà ¤ttà ¶ Mattila-Sandholm, 2000). A number of so-called probiotic yoghurt products are sold however studies have shown that very few meet the FAO/WHO guidelines and their viability is not guaranteed thus several microencapsulation techniques have been developed in order to retain the presence of these organisms into yoghurt matrix and the GI tract. Among these methods, spray coating and gel-particle technologie s are more often used (Champagne Fustier, 2007). Furthermore, a new technology called co-encapsulation which refers to encapsulation of both probiotic bacteria and prebiotics together has also shown to have potential in improving viability of probiotics in yoghurt. The overall objective of this presentation is to look at some of the common microencapsulation techniques that are used in production of probiotic yoghurt and to address some challenges in this high-tech method. Food Science mcgill logo.jpg 2. Probiotics: As defined by FAO and WHO Probiotics are: live micro-organisms which when administered in adequate amounts confer a health benefit on the host (World Health Organization, 2001). This definition shows two significant characteristics of a probiotic product .The first one is that these products should contain live microorganisms and secondly the live microorganisms must be in an accurate amount to exert their health benefits (Yildez, 2009). Micro-organisms must have a number of characteristics before they can be considered as probiotics. These include the ability to survive the gastric acid and bile salts of the gastrointestinal tract, colonising in the intestinal mucosa, lack of pathogenicity and the capacity to exert a health improvement on the host. It is unlikely that any one probiotic strain possesses all of these characteristics however, some beneficial effect on human health must have been demonstrated (Tamime, 2005). Élie Metchnikoff was the first person who reported a correlation between the long life of the Bulgarian peasants and the consumption of fermented dairy products, he mainly related to lactic acid bacteria. Nowadays, the probiotic bacteria used in functional dairy products mainly belong to Lactobacillus and Bifidobacteria genera (Heller, 2001). These bacteria have the ability to improve the microbial balance of the human gut, they antagonize pathogens by making antibacterial compounds and compete for pathogen binding. Their other functions are changing gut pH, simulating immunomodulatory cells and producing lactase (Kopp-Hoolihan, 2001). 2.1. Health Benefits of Probiotics: Probiotics have been at the forefront of the development of functional dairy products due to a wide range of desirable health benefits that they promote. Some of these health claims have been supported by research such as improving intestinal tract health, enhancing the immune system, synthesizing and enhancing the bioavailability of nutrients, reducing symptoms of lactose intolerance, decreasing the prevalence of allergy in susceptible individuals, and reducing risk of certain cancers (Kopp-Hoolihan, 2001; Virender Gill, 2009). Most of the current studies mainly focus on the following areas; inflammatory diseases such as inflammatory bowel diseases (IBS and IBD), allergy and diarrhea. Food Science mcgill logo.jpg Table 1: Health benefits of probiotics established in human studies (Apajalahti, Bech Hansen, Friedrich, Schlothauer, Schmid Staudt, 2005) Health Benefits References Improvement of the immune system K Arunachalam et al.(2000), BL Chiang et.al. (2000) Prevention of allergies L Pelto et al. (1998),E.Isolauri et.al. (2000), M Kalliomaki et.al.(2001), M Kalliomaki et.al.(2003) Promotion of lactose digestion ME Sanders (2000) , P Marteau (2002) , M de Vrese et al. (2001) Regulation of gut mobility(constipation and irritable bowel syndrome) P Marteau et al.(2002), JA Madden et al. (2002) , AS Naidu et al.(1999) , C Koebnick et al. (2001) , T Ogata et al. (1997), M Seki et al.(1978) Protection against gastrointestinal and respiratory tract infections M de Vrese (2002) , K Hatakka (2001) Inflammatory Bowel Diseases (IBS and IBD) P Marteau et al.(2002), JA Madden et al. (2002) ,Nobaek et al.(2000),McFarland et al. 2006, McFarland Dublin 2008, Nikfar et al. 2008 Prevention and treatment of urogenital tract infections M de Vrese (2002), T Kontiokari et al. (2003), G Reid (2001), ME Sanders (2000) Reduction of high cholesterol levels ME Sanders (1999), MC Bertolami et al. (1999), B Richelsen et al. (1996), G Kiessling et al. (2002) Effectiveness against Helicobacter pylori infection LJ Fooks et al. (2002), P Marteau et al.(2002), ME Sanders (1999), M de Vrese et al. (2002) Reducing risk of certain cancers Y Aso et al. (1992,1995) Y Ohashi et al.(2002) 2.2. Probiotics in fermented dairy products: 2.2.1. Yoghurt: The consumption of fermented dairy products containing bacterial cultures has long been related to various beneficial health effects, and probiotic cultures have had a long association with these types of products. Yoghurt defined as the product of milk fermentation by Lactobacillus delbrueckii subsp. bulgaricus and Streptococcus thermophilus, has a long history of beneficial impact on the well-being of humans (Elli et al., 2006) which makes it a suitable carrier of Food Science mcgill logo.jpg probiotic strains. There has been a disagreement in considering classical yoghurt as a probiotic product. This disagreement is raised due to the fact that the starter bacteria of yoghurt do not colonize and live in the gastrointestinal system. These bacteria are called transient which means that they do not remain in the GIT for a sufficient time to show probiotic activities; however, they have some beneficial activities. All Streptococcus thermophilus and most Lactobacillus delbrueckii subsp. bulgaricus have a high ÃŽÂ ²-galactosidase activity thus yoghurt consumption improves lactose digestion in people with lactose intolerance disorder; furthermore, yoghurt has high numbers of live starters (Guarner, Perdigon, Corthier, Salminen, Koletzko Morelli, 2007). For these reasons the National Yoghurt Association (NYA) has published a position statement for probiotics in September 2006 that Live and active yoghurt that contains Lactobacillus delbrueckii subsp. bulgaricus and Streptococ cus thermophilus is probiotic food as it provides a beneficial effect related to lactose digestion.(NYA, 2006 ) 2.2.2. Bio-yoghurt: Food industries have been quick to recognize the huge market potential of probiotic bacteria due to the several health benefits provided by them. Adding probiotics as dietary adjuncts to various foods and beverages such as cereal bars, juices, cheese, chocolates and frozen yoghurts is becoming an attractive option for companies that are interested in healthy products (Champagne, Gardner Roy, 2005b). However, the inclusion of probiotics in fermented dairy products plays a principle role as the best carriers of these microorganisms. This is mainly because of the high consumer acceptance of these foods as being healthy and natural carriers of living bacteria. Currently, dairy products especially yoghurtlike products are the largest part of the probiotic market. Around 30% of the global population buys into the probiotic dairy products regularly. Fermented dairy products promote the healthy image of probiotics for three reasons: Fermented dairy products such as yoghurt already have a positive health image. Consumers are familiar with the fact that fermented products contain viable microorganisms. The image of yoghurtlike products as healthful foods makes the recommendation of daily consumption of probiotics easier. Food Science mcgill logo.jpg In recent years one of the most popular dairy products for the delivery of probiotics is bio-yoghurts. This product contains species of Bifidobacterium most commonly Bifidobacterium bifidum and Lactobacillus acidophilus, Lactobacillus rhamnosus, and Lactobacillus casei among lactobacilli in addition to classical yoghurt culture (Lactobacillus delbrueckii subsp. bulgaricus and Streptococcus thermophilus) (Talwalkar Kailasapathy, 2004).The probiotic bacteria can be added prior to fermentation, simultaneously with the traditional yoghurt cultures, or after fermentation to the cooled product before packaging. 3. Challenges in the development of probiotic yoghurt: In order to exert their health effects, the Intl. Dairy Federation has recommended that the probiotic bacteria should be at a certain level of at least CFU of live microorganisms per millilitre or gram of product at the time of consumption (Chà ¡varri, Mara à ³n, Ares, Ibà ¡ ez, Marzo Villarà ¡n, 2010; Ding Shah, 2007; Organization, 2001; Shah Ravula, 2000; Sultana, Godward, Reynolds, Arumugaswamy, Peiris Kailasapathy, 2000). However, many studies have shown low viability of probiotics in yoghurt. (Table 3) shows some previous reports on the low viability of probiotics in yoghurt. Table 2: Various studies on poor viability of probiotics in yoghurt Low viability of probiotics in yoghurt
Tuesday, August 20, 2019
Conductivity :: essays research papers
Super conductivity is a natural phenomenon in which certain materials such as metals, alloys, and ceramics, can conduct electricity without resistance. These materials are what we call superconductors. In a superconductor, once the flow of electrons begins, it essentially goes on forever, making it an important material to humans. Superconductivity was discovered by a Dutch scientist by the name of Heike Kamerlingh Onnes in 1911. While researching properties of materials at absolute zero, this man found out that certain materials lost its resistance to the flow of electrons. For years to come, his discovery was at the head of theoretical interest. The only problem though, was that people at that time could not even think of a way to produce such a temperature, to allow materials to be superconductors at all times. This all changed in 1986 when Karl Muller and George Bednorz were working at the IBM Research Division in Zurich, Switzerland. They found a material that reached supercond uctivity at around 35 degrees Kelvin or –238 degrees Celsius. In the next year, a team of Chinese-American physicists declared that they had found a material that reached superconductivity at 92 degrees Kelvin. This was a big improvement. 92 degrees Kelvin is not a very high temperature, in fact, it is the equivalent of –181 degrees Celsius. Locating superconducting material above 77 degree Kelvin is a good thing because it means that the material will be easily produced and used. A theoretical understanding of superconductivity was advanced in 1957 by American physicists John Bardeen, Leon Cooper, and John Schrieffer. Their Theories of Superconductivity became know as the BCS theory (which came from each mans last name) and won them a Nobel prize in 1972. The BCS theory explained superconductivity at temperatures close to absolute zero. However, at higher temperatures and with different superconductor systems, the BCS theory has consequently became insufficient to ful ly explain electron behavior. The Type 1 category of superconductors is basically made up of pure metals that normally show conductivity at room temperature. They require really cold temperatures to slow down molecular vibrations enough to facilitate unrestrained electron flow in agreement to the BCS theory. BCS theory suggests that electrons team up in cooper pairs in order to help each other overcome molecular obstacles. Type 1 superconductors were discovered first and require the coldest temperatures to become superconductive. They are characterized by a very sharp transition to a superconducting state.
Monday, August 19, 2019
An Inspector Calls - Write fully about one of the characters in the play. :: English Literature:
An Inspector Calls - Write fully about one of the characters in the play. Write fully about one of the characters in the play. Take into account what they have done before the play begins as well as their actions, words and attitudes during the course of the play. Write about the way attitudes, moods and opinions change and develop during the course of the action on the stage. An Inspector Calls is a play with many social and political messages. J. B. Priestley believed a great deal in socialism and he used several of his plays to try and influence people to his way of thinking. It was written in a time when Britain was ruled by a Labour government and socialist policies were seen as the way forward. It was a popular way of thinking at that time so Priestley's aim for the play was probably to teach the unconvinced. The play is set in the house of the Birling family. As soon as the curtains open, it is clear that the family is wealthy because there is high quality furniture and decoration in the house in which the play is set. The family use their house as a status symbol and have decorated it in a way so as to reflect their wealth. We learn this from the "few imposing but tasteless pictures" which will probably have been chosen because they were expensive, not because they were liked. These pictures also tell us that the Birlings are proud of their wealth and think themselves to be very important but lack the good taste which is present in those who are socially superior to them. The house is described as being "substantial and comfortable and old-fashioned, but not cosy and homelike." This setting suggests that the family are uncomfortable with each other and therefore suggests problems. We gather from the Birling family they are of an upper-middle social class, who think themselves to be of a very high status. Eric Birling the character I am going to focus on does not seem to be understood by the rest of the characters. His sister Sheila and he are still treated as if they were still children "What an expression, Sheila! Really the things you girls pick up these days!" Mr and Mrs Birling have a lack of understanding of the younger generation, particularly their offspring. They try to control their lives as this was the norm with generations prior to theirs, "Just let me finish, Eric. You've a lot to learn yet." Here we can see that the elders in the family have the first and last say in many matters.
Sunday, August 18, 2019
A Review on an Article: If the European Economy Is So Shaky, Why Is the
The article on the Economist, â€Å"If the European economy is so shaky, why is the euro so strong?†by R.A is explaining why and how the value of euro is still remaining strong, even though the economy of Europe is going through many struggles. Throughout the article, it is discussed how appreciation of a currency may not always be good improvement and what negative consequences the appreciation of a currency can lead to. The article also states how the moves of the exchange rates cannot easily be explained and goes into further details about the euro exchange rates. The article starts by stating that recently the euro zone has been facing a good trend of improvement in terms of economy and managed to pull out of the recession. In the euro zone, the unemployment is decreasing and worries regarding the crises are disappearing by the time. However, there is the fear of deflation. As the article continues, it explains how appreciation of a currency can cause problems that are very significant and serious. In order to better explain this point, an example of the US cars is given in the article; if US dollar appreciates compared to euro or yen while the price of the cars do not vary, it will be more expensive for the countries that uses euro or yen as their currencies to purchase US cars. As a result of this appreciation in the value of dollars, the number of cars exported will decrease in the United States. This is exactly the same reason why Europe has a fear for a strong currency; the strong euro currency makes European goods and services more expensive to other nations and thus, lowers the amount sold abroad. Also, since the households, firms and government is cutting back, the development and growth of the economy is highly dep... ...s products and services in demand throughout the globe, hence the euro's strength, at least as determined by the "demand" side of the equation. The "supply" side of the equation would involve to what degree the European Central Bank is pushing credit expansion, which tends to push the value of the euro downwards. In addition to this, the article uses some expressions that does not sound very right when thinking about a big economy as Europe; for example, it is mentioned in the end of the article that, â€Å"The surest way to bring it down is to make more euros†. European system certainly has a slow, hardly predictable response time, many variables, and its behavior is definitely nonlinear. Thus, using such a simple and straight forward expression regarding the exchange rate of euros may not be very right thing to do, even though it is a correct statement to some extent. A Review on an Article: If the European Economy Is So Shaky, Why Is the The article on the Economist, â€Å"If the European economy is so shaky, why is the euro so strong?†by R.A is explaining why and how the value of euro is still remaining strong, even though the economy of Europe is going through many struggles. Throughout the article, it is discussed how appreciation of a currency may not always be good improvement and what negative consequences the appreciation of a currency can lead to. The article also states how the moves of the exchange rates cannot easily be explained and goes into further details about the euro exchange rates. The article starts by stating that recently the euro zone has been facing a good trend of improvement in terms of economy and managed to pull out of the recession. In the euro zone, the unemployment is decreasing and worries regarding the crises are disappearing by the time. However, there is the fear of deflation. As the article continues, it explains how appreciation of a currency can cause problems that are very significant and serious. In order to better explain this point, an example of the US cars is given in the article; if US dollar appreciates compared to euro or yen while the price of the cars do not vary, it will be more expensive for the countries that uses euro or yen as their currencies to purchase US cars. As a result of this appreciation in the value of dollars, the number of cars exported will decrease in the United States. This is exactly the same reason why Europe has a fear for a strong currency; the strong euro currency makes European goods and services more expensive to other nations and thus, lowers the amount sold abroad. Also, since the households, firms and government is cutting back, the development and growth of the economy is highly dep... ...s products and services in demand throughout the globe, hence the euro's strength, at least as determined by the "demand" side of the equation. The "supply" side of the equation would involve to what degree the European Central Bank is pushing credit expansion, which tends to push the value of the euro downwards. In addition to this, the article uses some expressions that does not sound very right when thinking about a big economy as Europe; for example, it is mentioned in the end of the article that, â€Å"The surest way to bring it down is to make more euros†. European system certainly has a slow, hardly predictable response time, many variables, and its behavior is definitely nonlinear. Thus, using such a simple and straight forward expression regarding the exchange rate of euros may not be very right thing to do, even though it is a correct statement to some extent.
Saturday, August 17, 2019
Argumentative Essay on Cervical Cancer
Shelley Miller Dr. Ashli Dykes Composition 1 12 November 2012 Cervical Cancer Cervical cancer is a cancer that starts in the cervix, the lower part of the uterus, which opens at the top of the vagina. It occurs when abnormal cells on the cervix grow out of control. Cervical cancer can often be successfully treated when it is found early. It is usually fount at a very early stage through a pap-test. Cervical cancer is the third most common type of cancer in the world. Routine pap-smears, in the United States, have narrowed down the disease, unlike other countries.This disease starts in the cells on the surface of the cervix. Of the two types of cells, on the surface of the cervix, squamous and columnar, the majority of cervical cancers form on the squamous cells. It is a slow developing disease. It starts out as dysplasia, a pre-cancerous condition. Normally a pap-smear can detect the pre-cancerous condition. If left undetected, over years, a pre-cancerous condition can turn into cerv ical cancer. In most circumstances, women who have routine pap-smears normally do not get cervical cancer (PubMed Health).The most recent statistic numbers available are from the year 2008. There were 12,410 women in the United States diagnosed with cervical cancer. Out of all those women, 4,008 of them died from the disease. These incidents and death counts cover approximately 100% of the U. S. population in 2008. The famous Greek physician, Hippocrates, was the first to write about cervical cancer in 400BCE; although, he could identify the disease, he declared it incurable. In the following twenty-five centuries, many women died from this disease. Dr. Hinselmann invented the colposcope in 1925.The colposcope allowed doctors to examine the cervix more closely, which allowed them to check for abnormalities. The closer examinations meant that some cancers were found in time for surgery to be successful. The pap-smear was named after Georgios Papanikolaou, who in 1928, found that he c ould identify abnormal cells taken from the surface of the cervix. Since its invention in 1943, this procedure has saved many lives all around the world. It’s estimated that if a woman’s cervical cancer is diagnosed by a Pap smear, rather than before symptoms appear, she has a 92% chance of a full recovery.If she waits for signs of disease before going to the doctor, her chance of survival drops to 66%. More than 70% of women who die from cervical cancer have not had a Pap smear within the last five years. It’s recommended that all women between the ages of 21 and 60 have a smear test every three to five years, although if a woman has never been sexually active, the test is not necessary. Epidemiologists, in the early twentieth century, noticed that cervical cancer shared many characteristics of a STD (sexually transmitted disease) (Yukozimo).Although there are normally no signs of early stages in cervical cancer, the symptoms that may occur are similar to those of a STD. Symptoms of cervical cancer are abnormal vaginal bleeding, continuous vaginal discharge, and/or abnormal periods. Abnormal vaginal bleeding can or may include between periods, after intercourse, or after menopause. Periods may be abnormal if they become heavier or last longer than usual. Vaginal discharge may be â€Å"pale, watery, pink, brown, bloody, or foul-smelling. †Another easy to recognize symptom, of early stages, is pain during intercourse.Patients with cervical cancer generally start having problems when it advances and spreads to nearby tissue. It may spread to the bladder, lungs, intestines, and liver. If the cancer spreads, the symptoms become more noticeable and serious. The symptoms of advanced cervical cancer includes back pain, bone pain or fractures, fatigue, difficulty urinating, pain when urinating or blood in urine, as well as, leaking of urine or feces from vagina, leg pain, loss of weight and appetite, pelvic pain, single swollen leg, and/or weight loss (PubMed Health).Other symptoms of advanced cervical cancer are diarrhea, or pain or bleeding from the rectum upon defecation, fatigue, and general feeling of illness, and a swollen abdomen, nausea, vomiting, and constipation. (WebM. D. ) Most cervical cancer cases start out as HPV (Human papilloma virus), which is a common virus spread through sexual intercourse. There are many types of HPV; however, not all types lead to cervical cancer. Increased risks for cervical cancer can be determined by a woman’s sexual habits.Having sex at a young age, multiple sex partners, or having multiple partners who participate in high risk sexual activities are all examples of risky sexual habits. Other risk factors include poor economic statue, not getting the HPV vaccine, weakened immune system, and being born to a mother who took the DES drug (diethylstilbestrol, which prevented miscarriages), while pregnant. There are many different types of treatment for cervical cancer but it depends on several things like what stage the cancer is in, size and/or shape of the tumor, the age of a woman, her general health, and her desire of having more children later on.Destroying or removing the pancreas or cancerous tissue can cure cervical cancer in its early stages. There are other types of treatments, involving surgery, which can be done without destroying the uterus or damaging the cervix so that, in the future, a woman can have other children. LEEP (loop electrosurgical excision procedure), cryotherapy, or laser therapy, are the types of surgeries that can be done; however, they are only effective if the cancer is caught at an early stage. Leep uses electricity to remove abnormal tissue, cryotherapy freezes abnormal cells, and laser therapy uses light to burn abnormal cells.A hysterectomy is a more intense surgery used to cure cervical cancer. It works by removing the uterus but not the ovaries. This surgery is usually performed in result of multiple failed LEEP procedures. There are more advanced treatments for those whose cervical cancer is later detected. These procedures are radical hysterectomy and pelvic exenteration. A radical hysterectomy consists of removing the uterus as well as the surrounding tissues, which include the lymph nodes and the upper part of the vagina.The pelvic exenteration is an extreme type of surgery in which all of the organs of the pelvis, including the bladder and rectum, are removed. In some cases when the cancer has spread beyond the pelvis or has returned, forms of radiation therapy are used. There are two forms of radiation therapy used: internal and external. Internal radiation therapy uses a device filled with radioactive material, which is placed inside the woman's vagina next to the cervical cancer. The device is removed when she goes home. External radiation therapy beams radiation from a large machine onto the body where the cancer is located.It is similar to an x-ray (PubMed Health) In conclusion, cervical cancer is a serious condition in which the medical field has been experimenting with and developing cures for throughout the years. The advances made in this study, since it was discovered in 1943, are remarkable. Due to the developments of tests and treatments for this disease, the amount of women who die from it, has decreased greatly. Hopefully in the years to come, researchers will find a way to make cervical cancer extinct. Work Cited â€Å"Cervical Cancer. †PubMed Health. A. D. A. M. , Inc. 2012.Web. 10 November 2012. www. ncbi. nlm. nih. gov/pubmedhealth/PMH0001895/ â€Å"Cervical Cancer Health Center. †New York, NY. WebMD. WebMD, LLC. 2005-2012. Web. 07 November 2012. www. webmd. com/cancer/cervical-cancer/default. htm Division of Cancer Prevention and Control, National Center for Chronic Disease Prevention and Health Promotion. â€Å"Cervical Cancer Statistics. †CDC. Web. 08 November 2012. www. cdc. gov/cancer/cervical/statistics â€Å"Who Discovered Cervical Cancer? †Yukozimo. Web. 12 November 2012. www. discovery. yukozimo. com/who-discovered-cervical-cancer/
Friday, August 16, 2019
Blue Cross Blue Shield
The Changing Face of Blue Cross Blue Shield Betty Bogart Kaplan University Author Note Correspondence concerning this article should be addressed to Betty Bogart, Student, Kaplan University, 1801 East Kimberly Road, Davenport IA 52807. The Changing Face of Blue Cross Blue Shield Since their founding as individual companies in the early 20th century, Blue Cross Blue Shield has grown to become one of the largest insurance companies in the United States. Blue Cross coverage for hospital care and Blue Shield coverage for physician visits grew to national coverage separately before merging to form the Association we know today.In 1929 Justin Ford Kimball developed a program to cover teachers for hospital treatment. It guaranteed them 21 days of hospital care for $6 dollars per year. This program was later extended to encompass other employee groups first in Dallas then nationally. The program became Blue Cross. The first Blue Cross Baby was born in a hospital in Dunham, North Carolina. Th is was the first birth in America to be covered by a health insurance certificate that included maternity benefits. In 1939 the American Hospital Association adopted the Blue Cross symbol for plans meeting certain requirements.The ties with the AHA were severed in 1970. In the early 20th century employers in mining and lumber camps of the Pacific Northwest developed a plan to cover employees by paying monthly fees to bureaus composed of groups of physicians. Officially the first Blue Shield Plan was implemented in California in 1939. The plan grew and was adopted by the Associated Medical Care Plan, a group of nine separate plans. Later the plan was renamed the National Association of Blue Shield Plans.Both programs grew to national coverage as the need for medical insurance continued to grow with industry. The two companies merged to form Blue Cross and Blue Shield Association in 1982. At the time the company was defined as coverage under social welfare plans and was thus tax exemp t. In 1986 the tax reform act labeled the company a 501(m) organization which would be subject to federal taxation with special tax benefits under IRC 833. Following this change, BCBSA changed its policies to allow its licensees to be for-profit corporations.In 1984 the nation’s first heart transplant covered by Blue Shield Association was performed in Stanford University Hospital. This would pave the way for BCBSA to create the Blue Cross and Blue Shield National Transplant Network which would become the Blue Quality Centers for Transplant. Today it includes 60 transplant centers nationwide and covers transplants for heart, lung, kidney, pancreas, bone marrow, and stem cell. In the mid 1990’s the Balanced Budget Act added the Medicare+Choice program. This allowed beneficiaries multiple health plans to choose from.By 2000, BCBSA processed the majority of Medicare claims. These claims alone totaled over 163 billion. In 2003 over 88 million Americans were covered by BCBS A liscensees. Today 38 companies comprise the BCBSA system which provides coverage for nearly 100 million people including all 50 states, the District of Columbia and Puerto Rico. Nationwide over 95% of hospitals and over 90% of professional providers contract directly with BCBSA companies. Coverage through BCBSA now includes the largest privately underwritten health insurance contract in the world.The FEP (Federal Employment Program) covers more than 5 million federal government employees, dependants, and retirees. The world of health care is an always changing one and BCBSA is no different. From starting as two separate small programs to growing into a leader in health care and technology, this association is an excellent example of how far the industry has grown and how far we’ve advanced in this country and as humans in general. From transplant research and technology to Medicare, BCBSA continues to stay at the head of the field in all aspects.From their humble origins of trial programs, Blue Cross and Blue Shield have always been on the cutting edge of new health care and technology. As one of the largest insurance Associations in the United states, BCBSA has continued to improve the quality of health care in the United States. Advancements such as Blue Cross & Blue Shield National Transplant Network and Technologies Evaluation Center have proven the companies’ drive to continually improve health care in the United States.The biggest concern I have for the future of health care would be affordability. Some families still live paycheck to paycheck barely scraping by and the spiraling cost of health care and health insurance remains out of reach for them. Veterans and elderly benefits are cut to maintain cost while leaving some unfortunates behind. Un-insured people in America was a staggering 50 million in 2010 leading most to believe that something must be done to keep health insurance and health care affordable to everyone.No one should hav e to suffer without a physician’s care simply due to lack of insurance. References Blue Cross and Blue Shield Association (http://www. bcbs. com/about-the-association) Blue Cross and Blue Shield of Illinois (http://bcbsil. com/) Blue Cross and Blue Shield Federal Employee Program (http://fepblue. org/) CNN Money (http://money. cnn. com/) Scott P. Serota, CEO Blue Cross and Blue Shield (http://www. bcbs. com/about-the-association/officers/scott-serota. html)
Abstract for Choices, Values, and Frame Essay
Reading 2.2 Kahneman,D and Tvesky, A. (1984), ‘ Choices, values, and frames’. Ameriacn Psychologist, 39 (4) Abstract This article discuss when consumers feel a certain price which is bringing the â€Å"loss†rather than the â€Å"income†, they are more sensitive to price. Consumers are feeling a certain price more cost-effective manner and the other a less cost-effective. They will accord the cognitive psychological evaluation to exhibit a completely different personal attitude and decision making. Economic decision making theory has always been that people are fundamentally rational animal. However, human beings have irrational features in many aspects. One of the most attract somebody’s attention example is calling the â€Å"framing effect†In this effect, the positive or negative way to make a decision has had a dramatic effect on subsequent choice. The researchers found that integration from the decision system of emotional preference were potential causes of framing effect. With the potential risk benefit choices need to pay the cognitive effort than defined benefit choice; however, determining the damaged choice and risk selection potential damage to pay cognitive effort is the same. There are two fundamental analyze principles for rational choice theory: dominance and invariance. Dominance can be defined that project A in the worst case is better than project B, project A should be accept. Invariance requires that human describe selectivity problem for the same thing that will draw the common preference. Framing effect can be divide two types: positive and negative. The positive frame shows risk-averse preference for gains. On the other hand, the negative frame shows risk- seeking preference for losses. In addition, in mental accounting, money can be attributed to the different types of account which cannot replace each other. People are always divide outcomes into different mental accountings and use decision value and experience value, in order to evaluate the results whether can be accepted. EXAMPLE To discuss the cognitive psychology effects our daily life, I will give a example of rent or buy a house in Sydney. If we want rent a house or apartment in Sydney which have two bedrooms, a living room and 2 bathrooms, according to my experience, we need to pay 600-800 dollar each week. Most of us may not feel pressure to rent an apartment for one or two years. If we spend 20000 or 30000 as down payment which is use for purchase an apartment. I think we could be hesitating. We analyze that purchase a apartment is better than rent in order to live one or two years in some place. We are willing spend less to live although we make sure loss 600-800 each week. However, it leads to a value of experience, and this experience value effect our decision. Finally, we would rather to rent an apartment although we know it not a rational investment. Reading 8.3 Abstract This article point out that the exercise of power in the process of development and implementation of organizational information systems are very expensive and time consuming. Accordingly, the theory of ‘sociology of translation’ provides corresponding solutions for the organization. According to the theory, there are two important features in the problemastisation. Firstly, actor or group should more specific in a general problem to find a mental to solving. Secondly, actors should be defined identities in a plan that will use their skill and experience precisely. The author point out an example that senior manager enjoy the IT program and analyze it to use reducing cost as a new tool. In addition, most of the consultants believe that organizations should make clear position, future goals and behavior before implement IT strategy. Meanwhile, consultants also believed that IT system is great significance strategy for organizations lead to successful. For another example, IT consultants try them best to make sure problematisation steady. The successive problematisations build an exercise of power and prevent other alternative problematisations from getting onto the agenda of the project team. In conclusion, the author solves the problems in the information technology process in the theory of concepts. Consultants adopted the theory of ‘sociology of translation’ to solve organizations’ problem. Discuss the nature of the relationship between external management consultants and customer or user groups. The author considers the other resource management role and differential access to its knowledge and skills, such as an important exercise of power relations. Example ERP (Enterprise Resource Planning): Enterprise resource planning system is basing on information technology. The use of information technology implementation of enterprise supply chain management, in order to realize scientific management of each link in the supply chain. ERP integrates information technology and advanced management ideas become the modern enterprise mode which reflecting the era of enterprise reasonable allocation of resources. It maximizes the creation of social wealth and become the cornerstone of corporate survival. In the company, the general management mainly includes three aspects: production control (planning, manufacturing, logistics (distribution), procurement, inventory management) and financial management (accounting, financial management); three systems are integrating and the importance of human resources constitutes the primary module of ERP system. The ERP system of business each module refinement, split, forming a relatively independent software syst em and the seamless connection, so that the enterprises of different scales can be freely combined according to need and make enterprise resource optimization configuration. Reading 1.3 Abstract The author claims a general make a strategic relate to several aspects. This article points out that your teammates or colleagues making decision will affect on yourself. Namely, the title of this article: â€Å"looking up and looking around†. Firstly, â€Å"looking up†is a basic human nature in any situation. In other words, when you meet a more experience and knowledge person (such as your manager and your boss) make a strategic, and then making decision follow how he/she would act. Secondly, ‘looking around’ is one of your opinions. When you work with your teammates or colleagues, you will find out how they deal with problems and what they make decisions. Then you will follow their opinions to deal with yourself problems. The author also points out that â€Å"decision- making paralysis†always effect on everyone no matter you are middle manage or even the top manager and CEO. When face with a problem, human minds always goes blank. They want to find a solution to solve the problem. If not, they will look for someone to take the burden. On the other hand, they will afraid to make decision in any situation because they don’t want the decision bring fail. Most of managers suffer from anxiety that colleagues will find out their incapability. There is important problem that makes a rational strategic not only managers’ duty, it also relate to company’s structure and the project. Manager always are demanded to make a decision quickly which based on information transmits from primary levels. However, the information not particularly correct that leads to some wrong decisions in that situation. Obviously, the manager who makes the wrong decision in a organization should take the bl ame and be fired. This situation always happens in many companies. The author claims that a outstanding managers should have a rational analyze and quick thinking abilities. Example In my experience, when I worked at an international land sales company, my manager receives a project to help a China company find an office. Our team receive the order which needs a 300㎠¡ work place in shanghai CBD. Firstly, we should make a research to find out whether a suitable square. Our manager makes a decision to ask some building manager which is located in shanghai CBD. Finally, we find a suitable place for the China Company. However, when we check require with the company, our assistant told us we get wrong squares that is 400 ㎠¡. So our manager has to afresh contact to the building list. Fortunately, we found a 90 ㎠¡ near the former one. Our manager decides to connect the two work place to reach 400㎠¡. We successfully completed out task on time.
Thursday, August 15, 2019
A forecasting method Essay
1. Which of the following barometric indicators would be the most helpful for forecasting future sales for an industry? 2. The use of quarterly data to develop the forecasting model Yt = a +bYt−1 is an example of which forecasting technique? 3. Consumer expenditure plans is an example of a forecasting method. Which of the general categories best described this example? 4. The type of economic indicator that can best be used for business forecasting is the: 5. An example of a time series data set is one for which the: 6. If two alternative economic models are offered, other things equal, we would 7. European Union labor costs exceed U.S. and British labor costs primarily because 8. If Ben Bernanke, Chair of the Federal Reserve Board, begins to tighten monetary policy by raising US interest rates next year, what is the likely impact on the value of the dollar? 9. If the British pound (â‚ ¤) appreciates by 10% against the dollar 10. An appreciation of the U.S. dollar has what impact on Harley-Davidson (HD), a U.S. manufacturer of motorcycles? 11. Companies that reduce their margins on export products in the face of appreciation of their home currency may be motivated by a desire to 12. In an open economy with few capital restrictions and substantial import-export trade, a rise in interest rates and a decline in the producer price index of inflation will 13. Trading partners should specialize in producing goods in accordance with comparative advantage, then trade and diversify in consumption because 14. Marginal revenue product is defined as the amount that an additional unit of the variable input adds to ____. 15. The marginal product is defined as: 16. Which of the following is never negative? 17. The combinations of inputs costing a constant C dollars is called: 18. The marginal rate of technical substitution may be defined as all of the following except: 19. Marginal factor cost is defined as the amount that an additional unit of the variable input adds to ____. 20. If TC = 321 + 55Q – 5Q2, then average total cost at Q = 10 is: 21. The cost function is: 22. What method of inventory valuation should be used for economic decision-making problems? 23. For a short-run cost function which of the following statements is (are) not true? 24. According to the theory of cost, specialization in the use of variable resources in the short-run results initially in: 25. ____ are defined as costs which are incurred regardless of the alternative action chosen in a decision-making problem.
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