Entrepreneurial Skills and the Entrepreneurial Instinct

Sir Alan Sugar famously once said regarding entrepreneurship and entrepreneurial skills â€Å"The entrepreneurial instinct is in you. You cant learn it, you cant buy it, and you cant put it in a bottle. Its just there and it comes out† (Mail online, 2010). Surprisingly enough this is a view not shared by everyone. Whilst it cannot be denied that entrepreneurs are all ultimately unique in some way empirical evidence suggests that they all do share some common characteristics and skills, some of which can be taught (Colette, et al., 2005). This essay attempts to define those characteristics and skills that enable entrepreneurs to realise the business potential in their ideas. In addition it explores the difficulties entrepreneurs may come up†¦show more content†¦Whilst Vipin, et al., (2004) argues that in addition successful entrepreneurs need the ability to communicate the vision and build a relationship of mutual commitment between the entrepreneur and a group of foll owers in pursuit of a collective goal. A common misconception is the secret of being a successful entrepreneur is to come up with a truly original idea (Barrow et al., 2005). Even with the right skills, characteristics and a truly great idea, entrepreneurs face many external business environmental influences and potential difficulties along the way to having a successful business venture. Many new business ventures fail despite adequate resources, excellent ideas, good business opportunities and charismatic entrepreneurs. One common cause is the underlying business model driving the venture. (Morris et, al., 2005). A ventures business model and the practical business skills of the entrepreneur required to develop it are key to the ventures success. At a basic level the business model defines the ventures revenue sources, pricing structures and expected sales (Stewart and Zhao, 2000). At an operational level the focus is on internal processes and including production delivery methods, administrative processes, resource fl ows and logistical streams (Morris et. al., 2005). A Lack of market awareness and marketing knowledge can pose particular problems. Entrepreneurs who create a venture withShow MoreRelatedDisruptive Innovation1303 Words   |  6 PagesBalancing Sustaining and Disruptive Innovation Dean Robb, Ph.D. A renewable entrepreneurial enterprise must juggle, balance and integrate two phenomena, each requiring radically different values, mindsets, leadership and management approaches. 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(2000) entrepreneurs are people who have both the will (in other words, desire or motivation) and the skill (the ability) to project their ideas or schemes into the future, and, by backing their judgement with innovative action and persistence, turn those ideas into reality. (Reynolds et al., 2000, pg. 105) At times entrepreneurs can be defined as anyoneRead MoreThe Roxanne Quimby Case Analysis1064 Words   |  5 PagesAlmost anyone can become an entrepreneur, although there is no one definitive profile. An entrepreneur can be a man or woman of any age or background. Some people are born with a natural entrepreneurial instinct, but entrepreneurship can be learnt, although it requires an apprenticeship to acquire differ in education and experience. 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He knows the product is bet-able but he is not taking the risk of investing on it heavily rather he has approached big players for selling his idea. The electronic gaming industry and computers have shrunk the market of other traditional

Excessive Sales Promotion and Brand Equity - 5059 Words

A marketing report: Does excessive sales promotion result in dilution of brand equity? Group 4 Amandeep Singh Gandhi Chetna Kirtan Acharya Murthy BBTGS Ravish Malik Sirish CP Vivek Singh Contents What is sales promotion? Why is it required? Decisions involved in sales promotion Types of sales promotion Sales promotion to be used at different stages of the product lifecycle Direct and interactive marketing A special case: Intrusive sales promotion Conclusion What is Sales Promotion? Sales promotion is an incentive given to the consumer to buy the company’s products or services. Although some sales promotions can be continuous (frequent flier miles), most of such programs are short-term. They are usually used to cash in†¦show more content†¦For example, providing details about the various travel packages available by travel sites like MakeMyTrip.com or TravelGuru.com through email to the people is nothing but sales promotions. The additional information about various mutual funds, various insurance policies given by the companies through any form of media can be considered as a sales promotion. This is where the companies need to draw a line. As the article says, the company needs to inform the customer to the intangible benefits of buying a certain policy, not just the monetary savings he will make by using the policy. Stimulating Demand - Apart from building initial product awareness, another important use of sales promotion is to build demand by convincing customers to make a purchase. Special promotions, especially those that lower the cost to the customer can be employed to stimulate sales. Sales promotion can be used as a tool to help consumer in making a choice between two similar commodities. For example if there are no points of difference for two commodities, then sales promotion helps consumer to make choice between the two commodities. Reinforcing the Brand – Once customers have made a purchase, sales promotion can be used to both encourage additional purchasing and also as a reward for purchase loyalty. Loyalty programs may include price discounts, free products etc. Many companies, including airlines and retailShow MoreRelatedDoes Excessive Sales Promotion Result in Dilution of Brand Equity1842 Words   |  8 PagesDoes  excessive sales promotion  result in dilution of  brand  equity What is Brand? A brand is a product, service, or concept that is publicly distinguished from other products, services, or concepts so that it can be easily communicated and usually marketed. A brand name is the name of the distinctive product, service, or concept. 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Spare parts Essay Example For Students

Spare parts Essay We have ah billion Hong Kong dollars worth of spare parts on our shelves. Managing these spare parts effectively is instrumental in ensuring the efficient operations of our airline. This presents a significant challenge to the engineering department. Robert Taylor, manager of inventory operations, Cathy Pacific A profitable and financially sound commercial airline, Cathy Pacific Airways Limited had every reason to be proud. It was voted Airline of the Year in the orals largest passenger poll, conducted by Ashtray Research in 2005, and named Airline of the Year by Air Transport World magazine in 2006. 2 However, there an operational pain that continued to bother Cathy Pacific. In March 2007, Robert Taylor, manager of inventory operations, and Paul Bar-well, manager of procurement of aircraft components and maintenance, were requested to head up a task force to optimism the supply chain management of spare parts operations at Cathy Pacific. Aviation spare parts constituted a significant expense in Cathy Pacifisms financial statements. From the balance sheet respective, as of December 2005, the total inventory value of all aviation spare parts amounted to over IIS$350 million. Dead and inactive stock accounted for 3% per annum and avgas an issue to manage with care due to obsolescence and unpredictable demand patterns. Supply chain management for aviation spare parts was complex because Of the need to ensure timely service availability of a huge variety of stock and to comply with stringent quality and regulatory requirements. Company interview on 25 July 2007. For details, see Cathy Pacifisms website: http://paw. . Catholicity. Com. Karen Lee and Jonathan Pelvis prepared this case under the supervision of Benjamin Yen for class discussion. This case is not intended to show effective or ineffective handling to decision or business processes. C 2009 by The Asia Case Research Centre, The University of Hong Kong, No part fifths publication may he reproduced or transmitted in any form or by any means-electronic, mechanical, photocopying, recording, or otherwise (including the the permission of The University of Hong Kong. Ref. 09/ICC Aviation Spare Parts Supply Chain Management Optimization at Cathy Pacific Airways Limited 9/ICC A bolt for a desk chair costs a dollar. The same bolt for a chair on an airplane would cost 30 dollars. It is that magnitude of difference. Everything for an aircraft is massively expensive. Paul Barbell, manager of procurement, Cathy Pacific The challenge for the management team was to explore alternatives for optimizing spare parts supply chain management and instigate process improvement. The Aviation Spare parts Industry Managing spare parts in the aviation industry had always been a challenge for airline operators because the aviation supply chain was unusually complicated. The aviation industry avgas regulated by international and local authorities such as the LOS Federal Aviation Administration (PAPA), the European Aviation Safety Agency (EASE) and the Civil Aviation Department of the Government of the Hong Kong Special Administrative Region. Mechanics certified by the PAPA were required to check all non-deferrable repairs before a planes departure and verify that all regulations were met. In addition, the had the authority to ground a plane airline operators did not complete the deferrable repairs Within the stipulated timeshare. 4 All suppliers Of airplane spare parts were squired to possess special legal certifications and formal protocols, which were stipulations that indicated assumption of responsibility in case of an accident. Turnaround time for repairs was critical, as highlighted by measurable and non. Measurable costs. In addition to standard passenger compensation for flight delays such as hotel accommodation, it cost ISSUE per minute to keep an aircraft on the runway-5 Moreover, there existed a risk that customers might be upset or even shift to other airlines if delays caused them to lose their connecting flights. Therefore the cost to aircraft delays was a key decision making element in engineering, Aviation spare parts themselves were also expensive and complex. To illustrate, the average cost to an engine was LIST$12 million and comprised thousands components and assemblies ranging from nuts and bolts to ten thousands. In addition to manufacturing expenses, the high costs were attributed to regulatory and testing requirements of spare parts for reliability. The variability of airplane spare parts, coupled with the sporadic nature of demand for aircraft maintenance repair parts, made spare parts demand forecasting more difficult, necessitating increased manpower. Buyers Market The carrying costs for aviation spare parts inventory were relatively expensive. Future demands for spare parts were made based on maintenance information, scheduled maintenance plans and past usage patterns such as flying hours or parts demand. However, the usage pattern Of Spare parts remained highly unpredictable because of the high level of demand variability. It was reported that 30% Of the inventory Of a traditional airline was active, another 30% was slow-moving but necessary to have on hand and the remaining 40% was dead stock. 6 It was estimated that the airline industry spent over CASSIS billion per ear on spare parts, of which 10% came from airlines and overhaul agencies pre- owned stocks. 7 The value of spare engines for major airlines was estimated at over US$11 billion and the 3 SHCOON, M. ND Pat-Cornell, E. (2000) Delays and Safety in Airline Maintenance, Reliability Engineering and System Safety, 67 (3), up. 301-309. Company interview on AS July 2007. Harrington, L, (2007) From Just in Case to Just in Time, Air Transport World, 44 up. 77-80. 7 Doug, B. (2000) Spares Apart, Aerospace International, 27 (6), up. 14-17. 4 09/ICC overall value of spare parts stored by the airline industry had increased from IIS$45 billion in 1995 to US$C billion in 2002, of which was owned by airline operators. Aircraft components were complex, high-level modules consisting of dozens or hundreds of parts. The life span of a component could exceed two decades, during which it might be repaired or overhauled more than a dozen times. These issues, combined with aviation authority requirements such as certification and traceability and issues of reliability and safety, increased the cost of obtaining and keeping aviation spare parts. Since the majority tooth inventory value in the aviation supply chain was tied up in spare components, hey represented the primary target for inventory value reduction. Suppliers Market Similar to any other industry, price and quality were two major determining factors for airline operators in evaluating their spare parts suppliers. As a result of tight aviation regulations, airline operators, as customers, were constrained in supplier selection Moreover, there were situations that were dominated by a single supplier, as with parts solely supplied by an original equipment manufacturer (MEMO)_ Memos were companies who were original manufacturers of a component for a product that might be resold by another company. The limited choice and high concentration of Memos limited airline operators negotiation power. Unlike consumable products, the criticality of the engine and the long usable life Of an aircraft had contributed to Strong resistance among airline operators to switch engine spare parts suppliers. Moreover, there was limited room to negotiate after an aircraft was purchased; the purchaser was now dependent on the Memos products. Because Of tight regulations and dependence on Memos, seeking alternative suppliers was a challenge for Cathy Pacific 10 The suppliers market was concentrated in a handful of aerospace conglomerates, including Goodrich Corporation and Honeywell Aerospace. This was very much unlike the car industry, in which Volvo could choose from a number of suppliers to purchase a new engine for a new car. Joint purchasing activities amongst airline alliances to influence procurement processes were also likely to be opposed for anti-trust reasons. Joint purchasing activities pursued by airline alliances were deemed as similar actions undertaken by a conglomerate trying to influence the supply market. Strict regulations were in place, in countries like Australia, to govern the extent of joint purchasing activities allowed, II High School Journalism: Breaking The Barriers EssayCritical components were parts that were essential to operating an aircraft safely and effectively, They could make the difference between a safe landing and a mid;r catastrophe. These parts were usually very expensive and complex. An example of a critical component the USES million Electronic Engine Controller 17. Nan-critical components encompassed all parts of the plane that were not essential to the effective and safe operation of an airplane. There was a diverse range of Nan-critical components, from in-flight entertainment systems to nuts and bolts. Expendables and consumables qualified as non-critical components in the majority of cases. Nevertheless, there were instances where these types of parts were considered critical components, such as a dowel required to keep a table part in operational form. The critical and non-critical dimension could be applied to all five classes of materials . 18 Current Practices in Aviation Spare Parts Supply Chain Management The spare parts supply chain operations at Cathy Pacific flowed from procurement and inventory management to repair management and logistics management. Cathy Pacifisms internal supply chain strategy had been driven by ensuring quality and service to the aircraft operation in the most cost efficient manner. Procurement The supply chain of spare parts at Cathy Pacific was a very complex, large-scale operation with thousands of suppliers and distributors. Aviation spare parts were handled and directly purchased by Cathy Pacific. The purchasing activities were transaction-orientated, from sourcing and storage to consumption and repurchase. Cathy Pacifisms procurement process could be triggered by normal replenishment, initial provisioning or special provisioning . In line with the nature of the business, Cathy Pacific had to ensure that adequate airworthy spare parts were available at all times. In addition to purchasing activities, the procurement process involved Cathy Pacifisms cross-functional names in selecting, monitoring, evaluating and managing relationships with part providers to ensure operational effectiveness Key performance indicators were set as quantifiable objective measures to assess the quality and the performance of the parts. Some of these measures included average and variance Of lead time, quality levels and component performance. The airline industry had very few choices for critical parts component suppliers. Moreover, the sensitive nature Of these critical parts limited Cathy Pacifies ability to switch suppliers because of the significant costs associated With switching. There was a greater level flexibility for non-critical spare parts, with over 200 consumables and expendables suppliers. This, however, had, consumed much Of Cathy Pacifisms resources in managing supplier relationships. An electronic engine controller is used to monitor and control the operation of the engine Cathy Pacific (1 May 2006) Engineering Procedure Manual Inventory Operations Volume AAA, Company presentations, Aviation Spare parts Supply Chain Management Inventory Management Inventory management for Cathy Pacific is determining the right quantity of spare parts and material at the right time and at the right place to meet anticipated and unanticipated demands to maintain aircraft operations at the desired service level at the optimal costs Engineering Procedure Manual, Cathy Pacific Monitoring of stock turnover, which was an indicator of the efficiency of stock management, was thus an integral component Of Cathy Pacifisms inventory management process. Timely stock replenishments were needed once reorder points were reached. An extensive system, Ultramarine, was in place for management of components replacements and newly acquired spare parts [see Exhibit 6 and 7). Cathy Pacific also needed to minimize inventory holding costs. In theory, an exhaustive inventory was needed to reach a service level that could satisfy all the possible demand of its aircraft, Because this was financially and operationally infeasible, Cathy Pacific had to operate in the most economically responsible way and strike a balance between the most effective inventory levels to hold on to relative to the corresponding service level. To guard against the risk and cost of prolonged downtime, Cathy Pacific normally built in a buffer stock and, as a result, additional cost was incurred to engineering operation in general. Despite Cathy Pacifisms efforts to manage their spare parts inventory in an optimal manner, they still encountered circumstances where a certain part was needed and no stock Vass available. Coping with such a situation was referred to as shortage management. Shortage management avgas a process of sourcing parts that, for one reason or another, were unavailable to meet the expected demands. 19 When Cathy Pacific required a spare part immediately and none avgas readily available, they explored several options to meet the urgent need: ; Aircraft-on- ground (AGO) orders were employed in situations where a Cathy Pacific plane as grounded and could not take Off Without a certain part. When an AGO order was placed, the part would be shipped via same-day express delivery. ; Cathy Pacific could retrieve the necessary spare part by borrowing it from another airline. ; Pool loans were another way Cathy Pacific was able to manage part shortages. By signing a contract with the International Airline Technical Pool, Cathy Pacific was granted access to a network of over 100 airlines with which they could share spare parts when in need without incurring a surcharge. ; Cathy could also borrow a part from one of its other aircraft. Repair On average, Cathy Pacific managed over 80,000 repair orders per year, or over 7,000 repair orders per month. 0 After determining whether tautly parts were repairable or not, Cathy Pacific had to determine whether their existing repairers had both the required capability as well as necessary capacity to repair the full range of components installed on its aircraft. To this end, Cathy Pacific compiled a database of over 300 of the worlds major airplane spare part repair shops. Repair shops were selected based on the types of spare parts the shop specialized in, quality, price and service level. In 2000, Cathy Pacific collaborated with 13 other airlines to develop Arrogance, a system designed to facilitate the sharing and exchange of information, such as repairer sourcing, 19 Company interview on IS December 2006. Company interview on 15 December 2006. Between the participating airlines . Intimation such as the types of spare parts availability and suppliers lists was available through the Arrogance program, Cathy Pacific forecasted future demand for components on projected fleet utilization and an individual components life cycle, However, his only represented part of the picture as the method lacked the ability to forecast demand arising from unscheduled removals, which counted for nearly of all removals. Logistics Management Given that appropriate quality and quantity of inventory was available and that the inventory was processed and repaired accordingly, effective supply chain management was dependent on effective logistics management. Logistics management in this context was the practice Of minimizing the duration and number of processes required to transport spare parts from one place to another. Cathy Pacifies logistics management arm was responsible for managing the shipment of ordered inventory from warehouse to airplane as well as to and from the repair centers. In order to reduce lead times, Cathy Pacific usually shipped parts individually between repair houses and Cathy Pacific hubs. However, in order to minimize costs, Cathy Pacific consolidated shipments of spare parts that were less sensitive to lead times. In Australia, for example, a fixed import tax was charged on every shipment. Cathy Pacific would therefore weigh the time and costs associated with allowing several spare parts to be accumulated for the purpose of consolidating them into one shipment. Cathy pacific outsourced to third-party logistics companies to transport their unserviceable parts to various repair houses across the globe.

Why Choose Musical Theater free essay sample

â€Å"Five minutes until show time† rings through the dressing room speakers; it’s all I can make out. My heart races. My face starts to sweat. What are my lines again? The stage goes black†¦ I turn pale†¦ â€Å"Good evening, ladies and gentlemen. If you would please take a moment to turn off your cell phones, find the exits, it will be a great showenjoy.† One deep breath†¦ Then, BANGshow time. My life revolves around music, from my childish dream of being on American Idol to my not so childish dream of starring on a Broadway stage. Since the day I could talk, I sang along with my parents, with my father’s guitar and Spanish folk songs, and with my mother’s Celine Dion cassette tape in the car. Church, the National Anthem, you name it, I tried it. But in a town where the nearest Wal-Mart was 35 minutes away, it’s difficult to find a professional musical engagement. We will write a custom essay sample on Why Choose Musical Theater or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page There’s always choir†¦yes†¦but there is ALWAYS Choir. I am different; I am not that second row soprano who is content with my high notes in the Hallelujah Chorus at the Christmas concert. I want to be heard. I want my name up in shining lights. Conceited? No. It’s more of a goal, or a type of ambition. Now, back to the show. The first note was right; I got that line I fumbled over for a week. Now I just have to remember the dance steps too. 1,2,3,4†¦5,6,7,8†¦ Singing, acting, and dancing. Why would one person try with all their heart for a career that is never definite? One day you’re in and the next you’re out. Cliche as it may be†¦it’s true. But to have the satisfaction of that final curtain, the wall of sound beating at my face from the roaring applause, and that little girl, staring up at me, who wants my autograph because she dreams to be like me one day†¦just that one show is all I’d ever need. People come up to me and say, â€Å"a musical theater buff, eh?† My usual reply consists of â€Å"Yes Sir, that’s me, and I wouldn’t change it for all the chocolate in Willy Wonka’s Factory!† Sometimes I feel like a theater group is one big gym class. Everyone trying to â€Å"out dunk† the next. Every actor is trying to be the final dodge-ball survivor. Now, I’ve never been the best at gym class but I have heard that â€Å"if you can dodge a wrench, you can dodge a ball† and I can definitely dodge a flying wrench if need be. 1,2,3,4†¦5,6,7,8 My hair is in my face. They always tell me to get my hair out of my face. Now I understand. Following directions is key. With a bottle of hairspray and a brown bobby pin or two later, I’m all ready to go back on stage. The second act will be effortless. Notegood Linesgood Dance steps†¦5,6,7,8†¦good! Black out. In productions I have learned to take life however it presents itself. You can’t stay mad at someone you have to kiss 30 minutes into the show. And you definitely can’t sweat forgetting to do your daily chores list because rehearsal went until 11 o’clock that night. Being a â€Å"musical theater buff† is not just knowing all the lyrics to Think Of Me†¦fondly†¦or knowing that Tony really loves Maria, regardless of the Sharks and Jets hatred for one another. Being a â€Å"musical theater buff† is being willing to go to an early morning cancan rehearsal on a Saturday, it is also being more than willing to lather your face in some unsatisfactory make-up, scraping it off then being eager to do it all again the next afternoon. â€Å"Thank you so much! I’m glad you loved the show!!† â€Å"Sure we can take all the pictures together you want!† â€Å"Flowers! For me!? They are beautiful!† To care or not to care, this is the question I ask myself as I prance down the hallway to take my math test after school while I still have time. People gawk at me as I hustle by wearing my ridiculously peculiar costume, and done up with outrageous face paint. But once I have lived through at least three shows, I learned not to care. I do what I must. The life of a theater kid is all about productivity and priority. This is much like the three D’s I learned in middle school. Drive, Determination, or Death (metaphorically, of course). I would say I have a pretty good head on my shoulders and I intend not to go insane. But honestly the one thing that might drive me to the breaking point is the one thing that gives me peace and serenity: music. May it be those Spanish Folk songs my dad sings when he’s all office-worked out, or that Celine Dion cassette tape, which is now a fancy CD of course, music is the thing I turn to. It calms my nerves, and gives me enlightenment. That is why I want my career to be music, not just any music†¦seeing as how my three years of piano never paid off, you can tell I am no Mozart. But maybe I am the next Sandy, Christine, Glinda, or maybe Elphaba, because I can defy gravity and no one can hold me down. Musical Theater, where you â€Å"forget regret or life is yours to miss.† That’s my personal motto. Take chances, be who I am, if they don’t like me, hold my head high and keep on going. I change back in to my normal clothes. Get in the car, drive home, go to sleep. And I’m ready to do it all again the next day, excited, in fact. Eager, maybe even impatient. My life is one big production, and I can’t wait to close the curtain on this scene and move on to something even bigger and better. Kind of like an opera of sorts. My own musical played out right in front of me. What a magnificent spectacle it will be.

Mercury Fulminate and Crystal Meth in Breaking Bad

Mercury Fulminate and Crystal Meth in 'Breaking Bad' Episode 6 of AMCs Breaking Bad has a scene where our hero, Walt, passes a plastic bag of mercury fulminate off as crystal meth. Why mercury fulminate? I guess there arent many easy-to-make explosives that look like crystal meth. The thing is... I dont think fulminate of mercury looks like it was portrayed in the tv show.Mercury fulminate [or fulminate of mercury, Hg(ONC)2] was first prepared in 1800 by Edward Charles Howard. It is an explosive that mainly was used in favor of flints to ignite black powder in a firearm. Its pretty easy to make... the synthesis involves dissolving mercury in nitric acid and adding ethanol to the solution. However, you end up precipitating a white to grayish-brown powder (depending on purity) like what you see in this photo and not big chunks of glassy crystals, as seen in Breaking Bad.Although mercury fulminate is easy to prepare, you dont want to try it. The explosive is highly sensitive to just about everything... shock, sparks, flame, friction, and heat. I dont think Walt could have been so casual handling a bag of it without having a little accident. If you dont blow yourself up with the compound, you could gas yourself with fumes from the synthesis (reaction should be done outdoors or inside a fume hood). Then there is the product... mercury compounds are toxic. The mercury doesnt magically disappear when the compound explodes.The episode got me wondering. If you were in charge of props for a tv show and were asked to come up with crystal meth, what would you use? Im going to guess using the illegal drug would not be an option. I am betting they used rock candy. What do you think?Breaking Bad - Elements in the Body | Breaking Bad - Hydrofluoric AcidPhoto:

Simple Cuisiner (to Cook) Verb Conjugations in French

Simple Cuisiner (to Cook) Verb Conjugations in French When you want to say to cook in French you have two options. One is  cuire  and the other is  cuisiner, which is the subject of this verb conjugation lesson. Since we borrowed the word cuisine in English to speak about styles of food, this one should be easy to remember. Conjugating the French Verb  Cuisiner Cuisiner  is a  regular -ER verb  and that makes conjugating it to the past, present, or future tense just a little easier. Thats because this is the most common verb conjugation pattern found in French. Once you learn the appropriate verb endings for  cuisiner, you can apply them to countless other verbs. To conjugate  cuisiner, begin by identifying the verb stem:  cuisin-. To this, various endings are added to match the tense to the appropriate subject pronoun for your sentence. For example, I cook is je cuisine and we will cook is nous cuisinerons. Subject Present Future Imperfect je cuisine cuisinerai cuisinais tu cuisines cuisineras cuisinais il cuisine cuisinera cuisinait nous cuisinons cuisinerons cuisinions vous cuisinez cuisinerez cuisiniez ils cuisinent cuisineront cuisinaient The Present Participle of  Cuisiner The  present participle  of cuisiner  is  cuisinant.  This is formed by simply adding -ant  to the verb stem and it can also act as an adjective, gerund, or noun.   The Past Participle and Passà © Composà © A  common way to express the past tense cooked in French is with the  passà © composà ©. To construct it, you must first conjugate the  auxiliary verb  avoir  to match the subject pronoun. The  past participle  cuisinà ©Ã‚  is then added. It all comes together quickly: I cooked is jai cuisinà © and we cooked is nous avons cuisinà ©. Note how  ai  and  avons  are conjugates of  avoir  and that the past participle does not change. More Simple  Cuisiner  Conjugations Among the other simple conjugations of  cuisiner  that you might need are the following. The verb moods of the subjunctive and the conditional imply that the action of cooking may not be guaranteed. In literature, you might also find the passà © simple or the imperfect subjunctive. Subject Subjunctive Conditional Pass Simple Imperfect Subjunctive je cuisine cuisinerais cuisinai cuisinasse tu cuisines cuisinerais cuisinas cuisinasses il cuisine cuisinerait cuisina cuisint nous cuisinions cuisinerions cuisinmes cuisinassions vous cuisiniez cuisineriez cuisintes cuisinassiez ils cuisinent cuisineraient cuisinrent cuisinassent To express  cuisiner  in exclamations, requests, or demands, use the imperative form. When doing so, the subject pronoun is not required: use cuisine rather than tu cuisine. Imperative (tu) cuisine (nous) cuisinons (vous) cuisinez

Critically discuss the reasons why location has again become a Essay

Critically discuss the reasons why location has again become a critical issue in explaining the global competitiveness of firms - Essay Example They should use all the resources at their disposal to make their markets competitive globally, while at the same time reducing any international trade barriers and limitations. On their part, businesses need to make adjustments in order to compete effectively in the global market since they cannot purely rely on good location as was the case before this trend. They must heavily invest in information technology and adopt cost effective management practices to reach this new status. Moreover, they need to adopt international management practices and culture as well as develop a positive attitude for efficient management. Companies should also consider making regional and global partnerships and connections but taking into account all pros and cons of such ventures. This paper examines the role of location in global competitiveness of multi-national enterprises, MNEs. It then investigates why location has ceased to be the only factor in the success of international business. Role of location, competitiveness and advantage The geography of international business activities greatly depends on the entry mode and competitive advantages of the firms involved. This interdependence becomes clear when one tries examining the dynamics of the activities of knowledge intensive multinational enterprises, MNE (Dunning, 1998).... economy characterized by the emergence of intellectual capital as an important wealth creation asset, globalization of economic activities due to advancement in transport and communication technologies and the emergence of collaborative capitalism. These developments have had an impact on the geography of the activities of foreign direct investments, FDIs and MNEs (Dunning, 1998). The role of spatial transaction costs is slowly shifting, reflecting the liberalisation of cross border markets and the varying attributes of economic performance (Yip, 2002). This cost reduction caused the formation of more market-seeking FDIs and at the same time boosted a welfare enhancing division of labour and also favoured the spatial bunching of firms engaged in allied activities, so that each may gain from the existence of the other, and having access to localized support services, specialized factor inputs, custom-made demand patterns, distribution networks and shared service centres (Tallman and Yip, 2001). Complementary foreign asset and capability sought after by MNEs who wish to add value to their main competitive advantages are progressively more of a knowledge facilitating type and that is mostly the case as their affiliates become more firmly rooted in host economies. A good example is the increasing of value addition in Japanese manufacturing subsidiaries of Europe and North America. An exception to this is some low value-adding activities in the under developed areas of the globe (Tallman and Yip, 2001).As the calculated asset acquiring investment has turned out to be more essential, the location requirements of corporations have changed from the market-oriented or natural resource-oriented to those concerning access to knowledge intensive assets and learning

Jaguar brand equity charter Assignment Example | Topics and Well Written Essays - 250 words

Jaguar brand equity charter - Assignment Example This in turn has led to an increase in company’s sales revenues (LMS International, paras.2-5). Therefore, it is important to understand the identity of Jaguar brand equity because as well as acts as an important tool for determining the most appropriate marketing strategies to be applied. Further, it helps to track the positive benefits associated with Jaguar brand and its customers so that the company can be in a position to know the areas that need improvements (Kotler, Philip, Waldemar, and Ines, p.15). The resources used to complete the section on the charter include; use of comparison resources such as cartoon and photos. In addition, task completion resources were utilized whereby, customers views may be obtained by providing them with some bubble games to feel in and interpretation were made thereafter (Kotler, Philip, Waldemar and Ines, p.15). The purpose of brand charter is to determine the long term marketing strategies that may be adopted by Jaguar Company to reinforce its brand equity in the automobile industry. The charter may be used by marketing executives to determine the most appropriate marketing strategies that may be employed (Kotler, Philip, Waldemar and Ines, p.15). LMS International. Jaguar: Engineering a Brand that combines Luxurious Sound with First-ClassHandling.Web.23.04.2014.

Hong Kong Wealth Gap Essay Example for Free

Hong Kong Wealth Gap Essay According to the Development of the Human Race Report, which published in 2005, the wealth gap of Hong Kong is the widest within the thirty high living standard countries/regions. Local View The rich is getting richer, and the poor is getting poorer. For instance, in 2001, 10% of the highest income family in Hong Kong, their natural income still had 5% growth after the 97 Financial Storms. On the other hand, the natural income of 60% Hong Kong family kept decreasing at the same time. Sometime, the wealth gap problem is a type of circulation. For example, some poor is living in poverty life because he/she had low educational level and he/she now cannot afford the education fee for their children, when the children grow up, they will remain poor or even poorer. Yet out of Hong Kongs seven million residents, an estimated 1. 25 million people are living below the poverty line. You may ask what does the life of poor people look like. Well, nothing, they have nothing at all. Imagine you are living in a cage home, a flat which can only let you sit and sleep, everyday you eat pot noodles for every meal, wear the same clothes and use the same towel without cleaning, how dirty is it! Besides, when you go to the street, people stand back from you because you are so dirty. The adults may point at you and tell the children to study hard so that they dont need to live like you in the future. What is your feeling of these? Yes, it is another problem, discrimination. Poverty is the excuse of discrimination. People are not actually care about the feelings of poor people. Definition of poverty Poverty means going short materially, socially and emotionally. It means spending less on food, on heating, and on clothing than someone on an average income. Above all, poverty takes away the tools to build the blocks for the future your life chance. It steals away the opportunity to have a life unmarked by sickness, a decent education, secure home and a long retirement.

An Analysis of Walt Whitmans Song of Myself Essay -- Song of Myself Es

An Analysis of Walt Whitman's Song of Myself `Whitman was always asking questions. He believed that life's goal or cause was a mystery. He was surrounded by people who were drawing distinct lines between right and wrong, rejecting the things in the universe that were not a direct ticket to holiness. Whitman, unlike his contemporaries, embraced the beauty of everything. His mystical perception of the world ushered in the idea that God was to be found in every thing, and that He could never be fully understood. I think that section six of "Song of Myself" captures Whitman's quest for knowing, and his idea that our perceptions of what is, only scratch the surface. How appropriate that he starts this section with a question posed by a child, "What is the grass?" Whitman wants to answer, but realizes that he can't. Nature provides so many opportunities for interpretation. It is, on one hand, the abstract "flag of [his] disposition", but in the next stanza, the more tangible "handkerchief of the Lord." Notice that he "guesses" each time what the grass might be. Whitman would never be so strict as to impose his ideas or beliefs on anyone, or to assume that he was any more right than the next person. In line 110, he says, "O I perceive after all so many uttering tongues!" I love his tolerance, his ability to admit that everything is what we "perceive" it to be, in a world where everyone was bound by rules and laws. Who and where is God in this poem? His first direct reference to God is in the fourth stanza when he suggests that the grass may be a handkerchief of the Lord. He says that it is "A scented gift and remembrancer designedly dropped, / Bearing the owner's name someway in the corners, that... ...of the first self-professed homosexuals in America). The grass then becomes this nurturing thing, as it could be growing from the grave of a baby. He mentions that the grass is too dark to be from the heads or beards of the elderly, which says to me that they are living somewhere as a youth. He later says of the old men and women, "They are alive and well somewhere; / the smallest sprout shows there really is no death...And to die is different from what anyone supposed, and luckier." Whitman then sees the "uttering tongues...[who]...do not come from the roofs of mouths for nothing." This grass, again, is purposed. It is trying to tell us something. It is telling us something. Whitman has painted, for me, a picture of opportunity. Life is whatever you make of it. It is there, purposed, forever new, forever fresh, and it is up to us to learn from it. An Analysis of Walt Whitman's Song of Myself Essay -- Song of Myself Es An Analysis of Walt Whitman's Song of Myself `Whitman was always asking questions. He believed that life's goal or cause was a mystery. He was surrounded by people who were drawing distinct lines between right and wrong, rejecting the things in the universe that were not a direct ticket to holiness. Whitman, unlike his contemporaries, embraced the beauty of everything. His mystical perception of the world ushered in the idea that God was to be found in every thing, and that He could never be fully understood. I think that section six of "Song of Myself" captures Whitman's quest for knowing, and his idea that our perceptions of what is, only scratch the surface. How appropriate that he starts this section with a question posed by a child, "What is the grass?" Whitman wants to answer, but realizes that he can't. Nature provides so many opportunities for interpretation. It is, on one hand, the abstract "flag of [his] disposition", but in the next stanza, the more tangible "handkerchief of the Lord." Notice that he "guesses" each time what the grass might be. Whitman would never be so strict as to impose his ideas or beliefs on anyone, or to assume that he was any more right than the next person. In line 110, he says, "O I perceive after all so many uttering tongues!" I love his tolerance, his ability to admit that everything is what we "perceive" it to be, in a world where everyone was bound by rules and laws. Who and where is God in this poem? His first direct reference to God is in the fourth stanza when he suggests that the grass may be a handkerchief of the Lord. He says that it is "A scented gift and remembrancer designedly dropped, / Bearing the owner's name someway in the corners, that... ...of the first self-professed homosexuals in America). The grass then becomes this nurturing thing, as it could be growing from the grave of a baby. He mentions that the grass is too dark to be from the heads or beards of the elderly, which says to me that they are living somewhere as a youth. He later says of the old men and women, "They are alive and well somewhere; / the smallest sprout shows there really is no death...And to die is different from what anyone supposed, and luckier." Whitman then sees the "uttering tongues...[who]...do not come from the roofs of mouths for nothing." This grass, again, is purposed. It is trying to tell us something. It is telling us something. Whitman has painted, for me, a picture of opportunity. Life is whatever you make of it. It is there, purposed, forever new, forever fresh, and it is up to us to learn from it.

Kizza, Ethical and Social Issues in the Information Age Essay

CS 300 Week 2 Kizza Chapter 4 – Ethics and the Professions pages 65 to 96 Kizza, Ethical and Social Issues in the Information Age, 3rd. Edition, ISBN 978-1-84628-658-2. |Chapter Number and Title: 3 Ethics and the Professions | |Your Name: Brent Robles | |Today’s date: 02NOV09 | |Briefly state the main idea of this chapter. | |A continued discussion of ethics in a professional atmosphere. | |2. List three important facts that the author uses to support the main idea: | |The four themes discussed are evolution of professions, the making of an ethical professional, and the professional decisions making process, | |and professionalism and ethical responsibilities. | |3. What information or ideas discussed in this chapter are also discussed in readings from DePalma? List the Unit and Title(s) of the reading:| |De Palma – Reading #10 – Dilberts of the World, Unite! | |This article discusses how fast the white collar sector is growing and some of the issues involved. Microsoft is discussed in great detail on | |the treatment of their contracted employees. When it came to wages they were considered to be high-level computer professionals, thus not | |entitled to overtime pay. When it came to benefits, they were treated as temps unworthy of healthcare  coverage and stock options. So some | |individuals got together and worked to organize the workers. The article also talks about Microsoft hiring immigrant workers in the same | |positions as Americans and paying them considerably less. The unions worked with congress to oppose Bill Gates request for immigrant visas to | |be extended. There will always be a fight with these companies when trying to keep them hiring Americans. They are just trying to ensure that | |they can maximize profits. I chose this article because it discusses morals in hiring and paying white collar workers. I believe that it had | |ethical issues when dealing with professional issues like equal pay and benefits for immigrants. | |4. List and briefly discuss one of the questions at the end of the chapter. | |Are whistle blowers saints or blackmailers? I think that society has turned a saint into a blackmailer. By this I mean because of the fear of | |reprisal a whistle blower has to keep his mouth shut. But when he doesn’t he is considered to be a disgruntled employee and is trying to | |blackmail his supervision. It is hard to get issue resolved when dealing with a uncooperative management team, that is why employees have | |rights and protections, however there are only a few companies that protect the whistle blower, that is why when the whistle is blown the | |individual is considered to be a problem worker. | |5. List any examples of bias or faulty reasoning that you found in the chapter: Section 4.4.3 discusses guilt and making ethical decisions. | |On page 87 he explains actions that people experiencing guilt will go through. I think that this is a biased or faulty reasoning because not | |everyone goes through this process. I know that this article is a generalization, but there are people in society that make their decisions | |and move on with no remorse or guilt. The statement that guilt causes decision makers to agonize over decisions I think is only true for a | |select few individuals. Those individuals that are affected have to have some integrity and solid values. | |6. List any new terms/concepts that were discussed in the article, and write a short definition: | |Utilitarian – where decisions are made solely on the basis of their intended outcomes or consequences. | |Rights – where decisions are made based on the set of liberties the society enforces such as the Magna Carta and the Bill of Rights. | |Justice – which decisions are made so that they are fair, impartial, and equitable to all. |

Contrast Essay About Two Countries

Every country has its own characteristics and a person is recognized by his country. In this modern era, every country is trying to make progress and wants to be best among all other countries. All countries are different in world. There is no country that is exactly the same as others. Every country has its own culture, rules and regulations. Canada and Pakistan are two different countries and both countries have many differences regarding festivals, food and places. Festivals of Canada and Pakistan are mostly different from each other. Unlike Canada, there are mostly religious festivals in Pakistan.In Canada, people celebrate the Valentine’s Day that represent the love and devotions for each other. In Pakistan, people used to celebrate the festival called Shabraat. It is an Islamic festival in which people pray to God whole night and they request to God to forgive us for the mistakes that they did in past. On the other hand people of Canada celebrate a festival named Hallowe n. In this festival people share happiness in the form of candies and sweets and this festival is specially for children. In Pakistan people celebrate a festival Ramzan.In this festival, people fasts during the day in the true sense of the word, that is, he had merely denies himself food and water and  strict control over his tongue, eyes, ears, thoughts and deeds and does everything possible to seek the pleasure of God. Food is also a major difference in Pakistan and Canada. People of Canada eat almost everything but in Pakistan there is a concept of Halal and Haram. Everything on this earth is permissible, unless evidence is provided for its prohibition. The evidence could be direct text from the Quran,about specific creatures.Prohibited animal would be identified by the characteristics of an animal features described in the prohibition. For example, all fanged animals are prohibited. In Canada, people drink alcoholic things and they are free to purchase these things from anywhe re. In Pakistan, People are not allowed to drink alcoholic things and no one can sell these items as it is punishable by Islamic laws. For this reason, most observant Muslims avoid alcohol in any form, even small amounts that are sometimes used in cooking. Canada and Pakistan have many sight seeing places hat attract the tourists but both countries have different places regarding to their characteristics. In Canada, there is Niagra Falls that attracts the people of whole world. It is the collective name for three  waterfalls  that straddle  the international border  between the  Canadian province of  Ontario  and the  U. S. state  of  New York. Pakistan is a country in which you would find a variety of historical places that signify the unique traditions and culture of the country. These places are of extraordinary significance for people interested in history, at the same time they may act as an attraction for tourists.Most significant historical places in the c ountry include Harappa, Mohenjo- Daro and Taxila. Harappa is situated approximately 200 km from Lahore in the Montgomery District of Punjab. It is the place of the historic Indus Valley Civilization settlement which is as old as 5000 years and is a civilization which the modern day people almost forgot about. After go through to the major differences of both countries, it can be observed that Canada and Pakistan are totally different from each other and these differences make both countries great and unique.

Russian Cyberculture essays

Russian Cyberculture essays Russian cyberculture. Does it exist? How does cyberculture develop in a country, which was isolated from the west for the entire cold war era? Mother Russia has been on the ropes lately. Still having the Soviet habit to insulate its people from the "evil West", the Russian government was very careful in letting Internet technology in to the territory of its Empire. There are still many people in Russia who have no skills in Internet usage. Those people include the young as well as the older generations. Most Russians still have the wrong idea about computers. This was imposed by a Soviet education system which forced people to study first versions of boring programming languages. These people assume that computers are as complicated as Math. Specialized magazines promote that opinion using difficult terminology in their articles to describe simple things. The author of an article says: "Internet is a magic and interesting device, simple as a telephone, but surrounded with myths and stereotypes. Internet is like a monster sitting on the golden treasure. Non-users are like a crowd of people standing near the monster's cave and afraid of going in without a guide. There are also guardians who are sitting in front of the cave and saying terrible fairy tale stories about the monster". The Internet was more political than technological in Russia. It threatened to impose its ideas in people's heads. As a rule, it was a political activity, which tended to put ideology into the nationional mind. As a rule, it failed in comparison to technology. It was not within the power of the government to stop progress. Consequently, a phenomenon known as cyberculture appeared. Internet suggests it is a user service, not an ideology. Governments assume that through all kinds of service people can be influenced with new/different ideology. They see a political problem here. This problem is not "how to protect Internet users and to regulate their ...

Meaning of the French Preposiiton A Coté De

Meaning of the French Preposiiton A Cotà © De Cà ´tà © de means next to, nearby and is very used in French - but often avoided by French students. Here are my explanations with examples. Cà ´tà © De Next To I know this preposition looks weird. But we use it a lot in French, and therefore you should get accustomed to hearing it and understanding it fast, and also try to use it yourself. Here are some examples. Jhabite cà ´tà © de là ©cole.I live near the school. Il travaille cà ´tà © de chez moi.He works next to my house. Note that cà ´tà © de is often used with another weird preposition: chez (at someones home). Cà ´tà © Nearby Je reste cà ´tà ©Ill stay nearby Here, the de place is not said, but understood. The sentence could be je rest cà ´tà © de toi, dici - next to you, next to here so it means nearby. Un Cà ´tà © Something on the Side, Something Extra cà ´tà © can also be a noun: un cà ´tà © or des cà ´tà ©s but its not very common in French.   Ce travail des cà ´tà ©s trà ¨s agrà ©ables.This work has other benefits that are very nice. Un Cà ´tà © A  Side The noun un cà ´tà © is very common in French as well, and the preposition must come from it. It means a side. Cette maison a un cà ´tà © trà ¨s ensoleillà ©.This house as a very sunny side. Jaime son cà ´tà © amusant.I like her/his funny side (trait of character). Une Cà ´te A  Coast, a Rib... That is a totally different French word. Yes, an accent can change a lot in French. Une Cà ´te means a coast, a slope, a rib... Its also the name of wines produced in this region. La Cà ´te Sauvage en Bretagne est magnifique.The Wild Coast in Brittany is gorgeous. Il y a une grande cà ´te avant darriver chez lui (we would also say une pente)The is a big slope before getting to his house. Ce soir, on mange une cà ´te de boeuf.Tonight, were eating a prime rib. Jaime beaucoup le Cà ´te de Provence.I very much like the Coast of Provence wine. Une Cote A Quoted Value Quelle est la cote en bourse de cette action?What is the value in the stock market of this share? Expressions Using Cà ´tà © And of course, there are many expressions using these words: Être cà ´tà © de la plaque - to be way off-mark, to be cluelessAvoir la cote - to be very popularÊtre cà ´tecà ´te - to be side by side

Causes of Water Pollution Essay Example | Topics and Well Written Essays - 750 words

Causes of Water Pollution - Essay Example It disrupts the balance of an ecosystem. Water pollution is caused when pollutants are indirectly or directly discharged into water bodies. As a result of the impairment by anthropogenic contaminants, polluted water does not support human use (Hester 115). It also does not support constituent biotic communities. Plants and animals are immensely affected by water pollution. Though natural events such as algae blooms, volcanic eruptions, earthquakes, and storms can cause water pollution, human activities are the major causes of pollution. Â  The contaminants that lead to water pollution are covered in a wide spectrum of pathogens and chemicals, in addition to sensory and physical changes that are occasioned by discoloration and changes in temperature. Chemical substances that cause water pollution are usually toxic, while the pathogens produce waterborne diseases (Hester 139). Alterations in the physical chemistry of water include the electrical conductivity and acidity of water. Â  Water pollution can be caused by pathogens, which are disease-causing micro-organisms. Most of the bacteria found in water are beneficial or harmless. However, a few pathogens have the potentials to cause infectious diseases. The best indicator for pathogens in water is the Coliform bacteria, which is used as a bacterial indicator in case of water pollution. There are a number of harmful microorganisms that are found on the surface of the water. The pollutant microorganisms include Burkholderia pseudomallei, Cryptosporidium param, Giardia lamblia, Salmonella, parasitic worms and Novo virus (Hester 166). High levels of pathogens may be caused by the discharge of inadequately treated sewage into freshwater systems. Additionally, some cities may have aged infrastructure, which may leak pathogens into the water system. Â  

Review of ( Things Fall Apart) Essay Example | Topics and Well Written Essays - 500 words

Review of ( Things Fall Apart) - Essay Example The missionaries affected this unity by drawing away the members of the society who were not perceived as being important by the Umuofia society. These men embraced the religion that taught them that they were as important as any other members of the society. Even though this change benefited the few who accepted the new religion, it also exposed the society to the possibility of being exploited by the missionaries. Okonkwo was richer than his father, Unoka, ever was. Okonkwo hated what he perceived to be weakness in his father. He probably felt that his father had not been able to acquire riches and standing in the community because of being weak or ‘feminine’. In Igbo society, the rich were feted but the poor were mostly disregarded and looked down upon. The poor had different false accusations put on them and it would appear that they were often the scapegoats of the community whenever unexplainable things took place. In the book, Okonkwo, who had â€Å"three wives, a barn full of yams, and two titles† was respected (Achebe, 18). However, his poor father was not even accorded a decent burial but carried to the forest to be eaten by wild animals. Culture is not usually static but dynamic. Do you agree? Where would you place the Igbo culture? In your opinion, do you think that traditional practices such as the killing of twins would have withered away over time without the intervention of Europeans? Analyze this with specific examples from the novel. Culture is always dynamic. The Igbo culture experienced its most challenging period with the coming of the White man. While the society’s respect of masculinity might give an impression of it being strong, it crumbled without the community members even staging a small war to chase away the missionaries. The Igbo community began a slow collapse because it had false foundations and actively destroyed the lives of all citizens who were not male and ruthless. It

Chemistry Essay Example | Topics and Well Written Essays - 500 words

Chemistry - Essay Example Some toxins, such as mercury, persist in the environment and accumulate. Humans or animals often absorb them when they eat fish. Handling toxic waste carefully can prevent health dangers. Toxic waste incinerators, for example, often burn waste for energy, but this potentially releases toxic chemicals into the air. Household hazardous waste (HHW) is more than you think it is. What's been hiding in your garage or basement or under your kitchen sink can do serious damage to the environment. It can get into the water system. It can hurt plants, animals - and you. Recycling offers the next best solution to eliminating the use of toxic materials. Not only does recycling save companies money and time spent acquiring new materials, it also diverts waste away from disposal methods, such as burning, that could potentially leak toxins into the ground and air. Toxic waste, like used motor oil for example, often contains metallic debris that you can easily reclaim through filtration. Ultimately, humanity needs to curb its use of products with toxic chemicals to minimize their potential hazards. Go green... Save the Earth... Recycle waste; these kind of environmental slogans have been used for decades but one only pays heed to it when he/she comes to terms with or can relate to it. Earth is our home, our playground, our future.

The Financing Structure Of Unilever Plc Finance Essay

The Financing Structure Of Unilever Plc Finance Essay Unilever Plc (Unilever) operates as a single business entity. It was formerly known as Lever Brothers Limited. Unilever NV and Unilever Plc are the two parent companies of the Unilever Group having separate legal identities and separate stock exchange listings for their shares. Unilever Plc (Unilever) is a leading food and personal care product offering company in the world. The company is engaged in the manufacturing and distributing foods, home care and personal care products. The company along with a strong and well differentiated portfolio of 400 global and regional brands operating across 14 categories operates in 150 countries with around 174,000 employees. BUSINESS DESCRIPTION Unilever operates in four business segments namely, Personal Care; Home Care; Savoury, Dressings Spreads; and Ice Cream Beverages. The company also offers solutions for professional chefs and caterers. It has around 270 manufacturing facilities worldwide. The Personal Care segment includes business in the mass skin care, daily hair care and deodorants product areas. These products are sold under Dove, Lux, Rexona, Sunsilk, Axe and Ponds, Suave, Clear, Lifebuoy, Vaseline, Signal and Close Up. Its Home Care segment includes laundry products such as tablets, powders and liquids for washing of clothes by hand or machine. It also offers soap bars. In this segment, the principal brands are Omo, Surf, Comfort, Radiant, Skip and Snuggle. The household care products include surface cleaners and bleach that are marketed under the Cif, Domestos and Sun/Sunlight brands. The companys new products include Dove pro-age range of products, Dove Summer Glow self-tanning and body lotions, Clear antidandruff shampoo and Small Mighty concentrated liquid laundry detergents. The Savoury, Dressings and Spreads segment includes sauces, soups, salad dressings, bouillons, snacks, mayonnaise, spreads, olive oil, margarines and cooking products like liquid margarines, and frozen foods. These products are sold worldwide under Calve, Knorr, Hellmanns, Becel, Flora, Wish- Bone, Rama, Blue Band, Amora, Ragu and Bertolli brands. The Ice cream and Beverages division includes ice cream, tea-based beverages, weight management products, and nutritionally enhanced products. These products are marketed worldwide under various brand names such as Magnum, Cornetto, Carte dOr and Solero, Walls, Kibon, Ola and Algida, Ben Jerrys, Breyers, Klondike and Popsicle. The tea-based beverages are sold under Lipton, Brooke Bond and PG Tips brands. The weight management products are sold under Slim-Fast, and nutritionally enhanced products are marketed under Annapurna and AdeS/Adez brands. In the the Home Care division, it holds the global number two position in laundry, with a number one position in man developing and emerging markets. The company holds global number one position in mass skin care and deodorants, and the number two position in hair care where as in oral care and household care the companys strategy is focused on strong regional and local leadership positions in selected markets in Europe, Asia and Latin America. In the Foods division, it holds number one position in savory and dressings, spreads, tea-based beverages and ice cream. Unilever is the category leader in margarine and spreads in most European countries and North America. The companys UKs foods division is the number one producer of savory and dressings business. Products and Brands Unilever owns more than 400 brands as a result of acquisitions, however, the company focuses on what are called the billion-dollar brands, 13 brands, each of which achieve annual sales in excess of à ¢Ã¢â‚¬Å¡Ã‚ ¬1 billion. Unilevers top 25 brands account for more than 70% of sales. The brands fall almost entirely into two categories: Food and Beverages, and Home and Personal Care. Unilevers billion$ brands are Axe/Lynx Lipton Blue Band[14] Lux (soap) Dove Omo/Surf (detergent) Flora/Becel Rexona/Sure Heartbrand Sunsilk Hellmans TIGI (haircare) Knorr Products of the company are distributed through distribution centers, group-operated facilities, satellite warehouses, and public storage depots, wholesalers, independent grocery stores, co-operatives, and various food service providers. Unilever invests around EUR 1 billion in research and development activities through five laboratories to develop new products and technologies. Geographic Presence Unilever has geographically diversified operations. It is engaged in manufacturing and distributing foods, home care and personal care products. Its products are sold in more than 150 countries which include Europe, the Americas, Asia and Africa. During the fiscal year 2008, the company generated 32% revenue from Western Europe, 32% from the Americas and 36% from the Asia, Africa and Central Eastern Europe. It is the category leader in margarine and spreads in most European countries and North America. The companys UKs foods division is the number one producer of savory and dressings business. Thus, wide geographic presence decreases the business risk of the company. This also acts as an easy way for the expansion plans of the company, as wider reach in terms of geography would mean reaping more benefits eventually improving the profit margins, attaining economies of scale and recognition on a worldwide basis. following are the name of some of the countries with Unilevers presences. Ireland Sudan Italy Sweden Japan Switzerland Pakistan Thailand Singapore Tunisia Spain United States Sri lanka United Kingdom Industry Comparison Revenue Growth Rate The companys compounded annual growth rate for revenue was 1.39% during 2005-2009. This was below the SP 500 companies average* of 9.67%. A lower than sector average* revenue CAGR may indicate that the company has underperformed the average sector growth and lost market share over the last years. The companys underperformance could be attributed to a weak competitive position or inferior products and services offering or lack of innovative products and services. Return on Equity The companys return on equity (ROE) was 30.62% for fiscal year 2009. This was above the SP 500 companies average* of 18.69%. A higher than sector average ROE indicate that the company is efficiently using the shareholders money and that it is generating high returns for its shareholders compared to other companies in the sector. Operating Profit Margin The companys operating margin was 12.91% for the fiscal year 2009. This was below the SP 500 companies average* of 18.74%. A lower than sector average* operating margin may indicate inefficient cost management or a weak pricing strategy by the company. Financial Analysis Instead of 2 year analysis of the financial position of the company analysis is performed on a five year data as this will provided with better coverage of the companies performance. Current ratio Current ratio of the company has been on the rising trend since 2005. Current ratio of the company has increased from 0.75 time in 2005 to 0.93 times in 2009. This trend shows that the company is moving toward a stable liquidity position. Whereas, in comparison to the averages of the industry trend and S P 500 companies Unilever is not able to maintain sound current ratio. Currently industry averages at around 1.53 times whereas; SP 500 companies averages around 1.91 times. This is almost as double to where Unilever currently stands. Quick ratio Quick ratio of the company has shown similar rising trend as that of current ratio. Quick ratio of the company has moved to 0.5 times in 2009, which is a rise of approximately 35% during the five year period (2005: 0.37 times). This ratio of the company is quite close to the industry averages (i.e., 0.78 times), whereas, SP 500 companies quick ratio averages to around 1.36 times. Considering the rising trend of the company, it appears that its liquidity position will improve in the near future to meet the industry averages. Gross Profit margin Gross Profit margin of the company has shown a mix trend over the years. During the period from 2005-2009 gross profit margin of the company stood at 48.32%, fall of just 2%. This shows that the company is in a stable position as it is able to stay consistent in maintaining its Gross Profit Margin. On the other hand, Industry average stands at 44.72%. Being on the higher side of the industry shows that the company is able to effectively manage its cost and pricing policies. Net Profit Margin Similar to the Gross profit margin, net profit margin of the company has shown a mix trend. On average the net profit margin of the company has increased by 4% during the 5 year period to 8.46% in 2009. This is higher then what the industry average is (Industry average: 7.25%). On the other hand SP 500 companies average net profit margin to approximately 12.59%, showing that the company is not meeting the SP 500 companies standards. Return on Assets Return on assets of the company has shown an increasing trend during the 5 year period. During the said period, ROA increased to approximately 10% in 2009 from 8.74% in 2005, this is a rise of 14%. In comparison, the industry averages the return on assets at around 7.71% and SP 500 averages assets at around 7.91%. This shows that the company is able to used the employed assets efficiently and effectively then what the normal industry trend depicts. FINANCING STRUCTURE Unilever PLC is a highly un-geared company. Its total debt to total equity ratio stood at only 0.82 in 2009, which is a decline of around 46% during the 5 year period (2005: 1.51). Similar fall in the total debt to total capital ratio was observed, which fell by approximately 25% to 0.45 in 2009. On the other hand a slight increase of just 9% was observed in the Long term debt to total capital of the company during the same five year period. In contrast to the leverage ratios, a significant fall in the payout ratio was observed. Payout ratio of the company fell from 61.37% in 2005 to just 38.54% in 2009. This shows that currently the company is in the phase of financing its activities from its retained earnings instead of taking long or short term financing. In comparison to a competitor Reckitt Benckiser Group, the leverage of this company is similar to the leverage of Unilever PLC. During the year 2009, Total Debt to Total Equity ratio Reckitt Benckiser Group is only 0.82. Payout ratio of the Reckitt Benckiser is 50.28% in 2009, which is higher than that of Unilever PLC, representing the fact that Reckitt Benckiser Group Plc is utilizing higher portion of its retained earnings as compared to Unilever Plc In comparison with the industry trends, average total debt to equity is approximately 1.16 times whereas, as per SP 500 it is around 0.73. In view of these average industry and sector trends, company is performing quite well. On the other hand, companys payout ratio is on the higher side when compared to the industry and SP 500 averages. Average industrys payout is almost is 42% whereas, average payout as per SP 500 is 28.82%. This shows that company is not availing its short term financing options. Taking up these short term financing will release some pressure from the retained earning and can be paid out to the shareholders of the company because as the low payout trend of the industry indicates that the shareholders are prone to short term gains in comparison to long term capital gains. 2009 2008 2007 2006 2005 Unilever PLC Total Debt/Equity 0.82 1.1 0.77 0.78 1.51 Long Term Debt/Total Capital 0.35 0.3 0.25 0.22 0.32 Total Debt/Total Capital 0.45 0.52 0.44 0.44 0.6 Payout Ratio 38.54% 43.04% 56.62% 83.71% 61.37% Reckitt Benckiser Group Plc Total Debt/Equity 0.03 0.48 0.21 0.53 0.09 Long Term Debt/Total Capital (?) 0 0 0 0 0.04 Total Debt/Total Capital (?) 0.03 0.32 0.17 0.35 0.08 Payout Ratio (?) 50.28% 50.76% 41.93% 48.65% 42.39% WEIGHTED AVERAGE COST OF CAPITAL As discussed in the above section, Unilever PLC has a very low (nominal) gearing of 0.35%. Virtually the company is debt free; hence cost of equity of the company will be its weighted average cost of capital. In order to calculate Cost of Equity of Unilever PLC Capital Asset Pricing Model (CAPM) has been used. Beta for the company has been taken from the Dow Jones Report, which is 0.76 whereas; many technical issues were presents when indentifying risk free rate (Rf) and risk premium (Rm-Rf). Hence, the risk free rate and the market rate (Rm) are assumed to be 8% and 12% respectively for the purpose of this calculation. Cost of Equity = Rf + (Rm-Rf)b Cost of Equity = 8% + (12% 8%) 0.76 Cost of Equity = 11.04% Here, Cost of Equity = = WACC Hence, WACC = 11.04% NEW PROJECT Project Description Company has recently conducted a market survey for deodorant target only toward a young generation. Evaluation of the investment proposal to manufacture product XARI was performed. The product has performed well in test marketing trials conducted recently by the research and marketing department of the company. Key Elements of Project Initial investment cost Evidences for the initial investment cost can be found from various sources, research reports related to the particular industry, information from the companies which have recently invested in the respective sectors can prove quite useful, internal budget preparation etc. Annual revenues / operating costs Evidences of independent annual revenues and operating cost can be also be found from various sources, demand and supply of the particular products and projected by various research houses such as Business Monitor, by analyzing past trends of the company and peer analysis of the companies already operating in the industry/segments Rates of inflation Information related to the past and future rates related to inflation can be found in abundance. In addition to the government bodies, numerous independent research houses provided forecasted/projected inflation rates of different countries. These rates are calculated after critically analyzing and assessing various factors that affect the inflation rates. Report from Economic Intelligence Unit is one of the research houses which provides rates of inflation, both past trends as well as forecasted for different countries. Rates of taxation, and tax reliefs and allowances Best sources for finding information related rates of taxation and tax reliefs and allowance is to go through government regulated bodies. Legal regulations related to tax and updates in the upcoming changes can be found on government operated website and accurate and up to date information related to any legal issue is available there. Risk and Uncertainty After a through research I came to the conclusion that identification of risks is best done by a sequential manner. Firstly brainstorming exercise was done with some colleague of mine in order to evaluate what factors ,both beneficial and adverse, can be faced by the new project that the company was going to undertake. This exercise was purely for the identification of the risk that the project might face during the tenor of its operations. After my initial task of risk identification I assessed the likelihood of the occurrence of that risk and categorized them on the scale of high, medium and low. Then I assessed the consequences of each of risk if they occurred and whether, there occurrence will have a major impact on the operation of the company or its future prospect or not. Risks with low chances of occurrence and low negative impact were ignored and emphasis was placed on the risks that have high chances of occurrence or which could have measurable impact on the companys performance. This risk was than further classified into quantifiable and non-quantifiable risk (uncertainty). The impact of the quantifiable risk, such as rate of inflation, increase in the cost of raw material, fall in demand of the product etc, were incorporated when calculating the Net Present Value of the Project. Uncertainties such as war, political instability, change in government regulation etc, were a bit hard to incorporate. In order to overcome these problems sensitivity analysis was used. Via Sensitivity Analysis result of the project are categorized into three possible outcomes Best Case Scenario, Moderate Case Scenario and Worst Case Scenario. These 3 cases will show the performance of the company in the two most extremes situations that the company might operate. Result should then be interpreted keeping in mind of all the expected scenarios. Net Present Value After the successful test, following information has been prepared by me in order to assess the viability of the project. The research team has prepared the following forecasted demand of the product along with that various other variables such as selling prices and inflation rate are also estimated. These forecasts reflect, along with others, the expected life of the products, change in the economic conditions in the long run etc. Weighted average cost of capital has been calculated as above at 11.04%. The product has no terminal value at the end of four year. NPV of the project with respect to the following data is almost about 348,578 pounds Forecasted Information for Product XARI Initial Investment 2 million Pounds Selling Price (Current Price) 20 pound/unit Expected Inflation in Selling Price 3% per year Variable operating cost 8 pound/unit Fixed Operating Cost 170,000 per yar Tax Rate 30% Year 1 2 3 4 Demand (units) 60,000 70,000 120,000 45,000 Quarterly Report It appears that the company has performed reasonable well when compared to the forecast that the management prepared. Minor variances were witnessed by the company in most aspect of the project. Initial investment of the company exceed by just 100,000 pound. Company just sold 100 less units in first quarter as compared to the forecasted data. The reason for this relate to the factor that market awareness was not created by the company as it incurred less operating cost as anticipated. Company managed to sell units at a selling price 15% more the forecasted price. On the other 13% more cost was incurred on each unit than was projected. The reason for such a change could relate to the fact that the company underestimated the price of it project, and once market started to accept the product its selling price increased

Various Ekg readings :: essays research papers fc

Lab essay # 5   Ã‚  Ã‚  Ã‚  Ã‚  There are several different heart problems that show up as an abnormal EKG reading. For example, a heart block can occur when there is a delay in the signals coming from the SA node, AV node, or the Purkinje fibers. However, clinically the term heart block is used to refer to an AV block. This delays or completely stops communication between the atria and the ventricles. AV block is shown on the EKG as a delayed or prolonged PR interval. The P wave represents the activity in the atria, and the QRS complex represents ventricular activity. This is why the PR interval shows the signal delay from the AV node. There are three degrees of severity, and if the delay is greater than .2 seconds it is classified as first degree. Second degree is classified by several regularly spaced P waves before each QRS complex. Third degree can be shown by P waves that have no spacing relationship to the QRS complex. Another type of blockage is bundle branch block. This is caused by a b lockage in the bundle of His, creating a delay in the electrical signals traveling down the bundle branches to reach the ventricles. This results in a slowed heart beat, or brachycardia. On an EKG reading this is shown as a prolonged QRS complex. A normal QRS is about .8-.12 seconds, and anything longer is considered bundle branch block. Another type of abnormal EKG reading is atrial fibrillation, when the atria contracts very quickly. On the EKG this is shown by no clear P waves, only many small fibrillating waves, and no PR interval to measure. This results in a rapid and irregular heartbeat. On the other hand, ventricular fibrillation is much more serious and can cause sudden death if not treated by electrical defibrillation.

Virtuality vs. Reality

Your Name Eng. 111-01 Teachers Name Virtuality Vs. Reality Computers have become one of the most sought-after devices to date. One reason perhaps is the overwhelming popularity of the internet. Seems as if no one is immune to using the internet and even some restaurants offer free wi-fi for their patrons. There is virtually nothing that can't be done on the internet.Because of its popularity, everyday millions of people log on the internet either for online shopping, socializing, or researching. Going to malls and department stores may soon be a past activity for the busy person due to the popularity of shopping on the internet. People may chose shopping online because it is very convenient, cheap, and variety is offered right at a person's finger tips. First of all, the convenience of shopping online is very time saving, and it eliminates the need to drive around to several different stores searching for that perfect gift.For example, a person can shop right at home using a smartph one, a laptop, or an Ipad in the convenience of her own bed. In addition to being convenient, online shopping can be money saving. Searching for deals online can save an individual a lot of money. Besides finding deals on the internet; moreover, staying home, and purchasing online can also save tremendously on gas expenses. While saving money is a good asset of shopping online, included in shopping online is the wide selections of websites to chose from.Depending on what a person is looking there is always something unique that can be found shopping online. Since there are so many stores available right in the palm of one's hand, why would anyone want to leave home? In brief, if one makes up her mind to stay home and do online shopping, she would not only be saving time and money but can also have the world wide web of shopping readily available at her finger tips. Having considered shopping online to being popular for the busy person, it is also reasonable to look at socializing th rough the internet as a preferred way that most timid people communicate.One example of social communicating online is the constant use of Facebook. People from all walks of life, from different ages, different nationalities, and social classes sign on to Facebook everyday to keep up with the statuses of their Facebook friends, comment on their statuses, or to simply see how their friends are doing. An individual can also use Facebook to stay in contact with far away family members, to search for missing family members, to communicate with old classmates, or to play online games with their Facebook acquaintances.In addition to connecting with people on Facebook, there are several online gaming websites that cater to a more eccentric way of socializing. For instance, a game called, â€Å"World of Warcraft† is a widely played game where one can socialize with another individual through in-game chat messaging. In this online gaming world, individuals can communicate with one ano ther, help each other complete missions, and conquer the game. Online gaming is also an easier way of conversing for a person who is intimidated by meeting new people in real-life.Finally, a person can meet new people through online dating more simply than meeting them in person. Online dating would eliminate the nervousness one feels in real-life and would give way to a more relaxed person. Not only will an individual be more comfortable, but online dating would allow her to be more herself. Individuals who engage in online dating can socialize through messaging, email, the dating website, or cell phones. There are several different ways using the internet can bring people together whether it be Facebook, online gaming, or online dating.Thirdly, conducting research online is another important feature of the internet and adds to its popularity. For example, a student has a project due at school and instead of spending hours looking in a library,the student, on the other hand, can go right to a computer and find all the information he needs to complete his project. Not only can a student find research material for his school project, but can also find ideas for craft projects. Searching online can be very helpful when it comes to â€Å"do-it-yourself† projects.Mothers can go online to research craft ideas she and her child can do together as family time. Moreover, mothers can not only find â€Å"do-it-yourself† projects, but can use the internet for researching recipes. There are thousands and thousands of databases full of recipes. From easy thirty minutes meals, to crockpot cookers, and baked goods, characteristics of these recipes can be found on several different websites. For instance, if an individual wants to find a recipe for banana read, all that one would need to do is to go online and Google banana bread recipes. In conclusion, with people using the computer every day, it is no wonder that the internet has become so popular. Because an individual can shop, socialize, and research areas of interest on the computer, society has become dependent on the internet. The ultimate question is have we as a society become more comfortable with machine than to come face to face with man.

Milk Chocolate vs Dark Chocolate

Do you find yourself favoring your chocolate to be smooth and creamy or dark and beneficial? One might argue that dark chocolate in comparison to milk chocolate is similar to a Coca Cola and a diet Coca Cola. Whichever your chocolate preference may be, there are millions of different mouth watering assortments ready to be eaten. I am a fan of dark chocolate and the small, but significant health benefits it offers me. Safe to say the majority of people have encountered both milk and dark chocolate at some point in their lives. Immediately, one will recognize that milk types tend to be softer, sweeter, and addicting. The difference between the two is; milk chocolate is prepared with more milk powder or condensed milk rather than cocoa. This mix creates a smoother quality of chocolate, followed by the consumers’ taste buds instant cravings for more. Also, milk chocolate was introduced first; therefore, most candy bars on grocery store shelves will be milk based. Bear in mind, despite the luscious taste, any one who guzzles a candy bar of course has to work off the excess calories, saturated fats, and carbs later. In contrast, dark chocolate lovers are choosing a healthier route to treat themselves to. Although both types nearly equate in calorie consumption, dark chocolate, unlike milk chocolate provides antioxidants that are valuable to the heart. Also, for individuals with dairy restricted diets, there is nothing more to fear. Dark chocolate is purposely made lactose free; therefore lactose intolerants can refrain from avoiding those chocolaty deserts and enjoy! Regardless of the nutrients that come from dark chocolate, it is still advised to discipline your self around these tasty delights. Perhaps some devotees might find limiting servings of dark chocolate simple considering the bitter taste, but I on the other hand beg to differ. Under my jurisdiction, the pros of dark chocolate defeat the pros of milk chocolate by far. I would even consider opting dark a wiser decision because ones desires are met, with less of the consequences to deal with later.