Sunday, December 29, 2019

Essay on Linear Technologies Case Solution - 1784 Words

Financial Management Assignment Linear Technologies Case Solution 1) Describe Linear Technologies pay-out policy. As we can see from Exhibit 1 Linear Technology has been paying dividend steadily since 1992. Thus the pay-out policy is a large part in dividends. Its first dividend is paid in 1992. The dividend policy has grown over the years. This may be so that the company projects itself as a less risky share and thus also gaining investors faith. The investors buy its shares and thus increase its demand. This helps to gives positive signals to the investors signalling that the company is stable and can generate earnings steadily. This hypothesis is gains standing from the dividend hypothesis theory. Also analysing the numbers†¦show more content†¦The interest rates in the markets have been low and Linear wants to use cash in a conservative manner. Also since buying its own stock doesn’t affect the value of the firm and in turn the shareholders this is a wise option. Moreover, since 2002 LT has never had a long-term debt while its Capital Expenditure expenses are low. When comparing its Capital Expenditure as a percentage of net income since 1992, it has had an average ratio of 22% while its competitors Maxim and Intel struggled with 57.45% and 177.11%. 2) What are Linear’s financing needs? Should Linear return cash to its shareholders? What are the tax consequences of keeping cash inside the firm? All of LT’s distributions, whether in the form of dividends or stock repurchases will be taxed at the investors personal rate. Buy shares and keeping cash in the firm will depend of the tax rate of the investors relative to that of the firm. Under the former option the money is taxed at the corporate rate and in the latter at personal rate. In its current income range LT’s tax rate is at 29%. In 2001 it was taxed at around 30% when it had more than twice the income before taxes. Therefore the current tax rate can be assumed the same for the future. Therefore the tax consequences will depend a lot on whether the investors or the company has more tax rates. If the tax rate of shareholders is higher, it would be better to keep the cash internally and invest but if LT’s tax rate is higher theShow MoreRelatedFirst European Conference On Earthquake Engineering And Seismology1296 Words   |  6 Pages2006 Paper Number: 927 NON LINEAR ANALYSIS OF MIXED MASONRY AND REINFORCED CONCRETE BUILDINGS Serena CATTARI1 and Sergio LAGOMARSINO2 SUMMARY From the early 20th-century the gradual transformation of the theory and constructive techniques led from the masonry buildings predominance to the reinforced concrete’s (RC) structures. Together with structures conceived with a definite role for the earthquake behaviour, the spreading of RC technology caused the birth of mixed solutions starting from existingRead MoreTransportation Problems1195 Words   |  5 PagesCase Study on Transportation Problem 12/15/2010 ACKNOWLEDGEMENT First and foremost, we would like to thank to our mentor, Dr. G.N. Patel for his valuable guidance and advice throughout the project. Without his support and guidance, this report would not have been possible. We would like to extend our sincere regards to the authorities of Birla InstituteRead MoreEssay about Mat 540 Quiz 51016 Words   |  5 Pageswould be written as 3 separate constraints in an integer program. Answer Selected Answer: False Correct Answer: False . Question 2 2 out of 2 points Rounding non-integer solution values up to the nearest integer value will result in an infeasible solution to an integer linear programming problem. Answer Selected Answer: False Correct Answer: False . Question 3 2 out of 2 points If we are solving a 0-1 integer programming problem, the constraintRead MoreConstruction Project : Time Cost Trade Off846 Words   |  4 PagesProject Manager is to ensure the integrity and optimality of this quadrilateral. In the management of a construction project, the onus of taking decisions regarding selection of appropriate resources, including crew sizes, equipment, methods, and technologies to perform the activities of a project lies on construction managers. These decisions will ultimately decide the duration and cost of a project. However, the project duration can often be compressed by accelerating some of its activities at anRead MoreCase report for Linear Technology1640 Words   |  7 Pagesa decision for Linear Technology on dividend policy. The report analyzed the impact of changing future dividend policy on the value of the company, based on its historical performance, financial history and market trends. Linear Technology is a large-scale company which focus on the analog segments within semiconductor industry. It went public in 1986 and announced its dividend policy on 1992. Nowadays, under the market environment where dividends are unwilling to be paid, Linear still insistedRead MoreSolving Transportation Method And Linear Programming Essay1339 Words   |  6 PagesINTRODUCTION 1.1 Main Idea Web site for solving transportation method in linear programming. Transportation method mostly needed in mathematics and economy. The algorithms for solving the problem are based on this matrix representation. My aim will be finding optimal solution of the transportation problem. In the term linear programming, programming refers to mathematical programming. In this context, it refers to a planning process that allocates resources—labor, materials, machinesRead Morelinear technology1223 Words   |  5 PagesCase 1 Linear Technologies Group 15 2006120001 ê ¹â‚¬Ã­Ëœâ€žÃ¬â€ž ­ 2006120124 ì  ´ ì §â€ž 2007120155 ê ¹â‚¬Ã¬ §â€žÃ­Ëœâ€ž 2007120262 ê ¹â‚¬Ã­Å¡ ¨Ã¬â€ž   Three main issues arise when it comes to dividend policy in firms. The first issue is whether dividend is needed or not and the second issue is regarding which one would be the best option among various payout methods. Lastly, the third issue is about dividend rate. Whether these issues will affect corporate values has been debated over the years. This paper will talk about such issues throughRead MoreThe Problem Of Reproducing High Dynamic Range1552 Words   |  7 Pagespixels or introduce local gamma correction with adaptive parameters for all pixels, the paper core idea is using linear operator in specific pixels and using nonlinear operator in another pixels according to guidance map. The optimal compression can ï ¬ nally be achieved by solving the optimization problem that integrates all window-based constraints which can be transformed to a sparse linear equation. 2 INTRODUCTION High dynamic range is a digital photography technique that collect multiple exposuresRead MoreHigh Dynamic Range Of A Digital Photography Technique1522 Words   |  7 Pagesoperators in terms of the detail preservation and compression ratio of the dynamic range. Also, there are two tone mapping model linear tone mapping model and nonlinear tone mapping model. Linear model does not need multiscale decomposition or segmentation of the images into binary or fractional maps, where the problems associated with layer decomposition are not found. Linear model not only interested in making the output images look natural by enhancing pixel intensity more significantly in highlightsRead MoreHarmonic Optimization Of Multilevel Converters Using Big Bang Big Crunch Optimization Method1492 Words   |  6 PagesManipal University Malwa Institute of Technology Karnataka, India Indore,India Iti Mahashabde Dept. of electrical engineer Malwa Institute of Technology Indore, India Abstract—This paper proposes a method for optimization of the harmonic performance of CHB inverter under Selective Harmonic Elimination PWM modulation (SHEPWM) control. The proposed optimization techniques are used to solve the set of non-linear transcendental trigonometrical equations. SHE

Saturday, December 21, 2019

Education As A Viable Curriculum - 799 Words

Introduction Education evolves to ensure students are receiving the appropriate skills they need when they graduated high school or choose a career and compete globally in terms of human resources. Thus, curriculum plays an essential role in equipping these children from elementary up to high school in the area of their intellectual and social aspect. However, do we have a guaranteed and viable curriculum to equip these children? Viable Curriculum As established by Marzano, about a guaranteed viable curriculum ‘is primarily a combination of opportunity to learn and time (2003, p.22).Likewise, he even emphasized OPT (opportunity to learn) is a strong link in student achievement, considering OPT give all students the chance to determine the skills used to assess their capabilities in mathematics (Marzano, 2003). Furthermore, given a viable curriculum should also be matched with appropriate classroom instruction. However, how do we measure if the instruction given is adequate? There is a need of a viable grading system to determine the validity of student’s learning. Grading System Students tend to aim high to achieve for academic excellence if there is a visual representation of their invested time and effort. This serves as the best motivating factor and inspiration of students to persevere and aim for the best which is the achievement grade. As Wright and Murray stated, grading system produce a valid measure of learning considering that it constitutes the academicShow MoreRelatedApproaching Instruction With Clear Instructional Goals,1294 Words   |  6 Pagesbeginning with the end in mind, not only makes intuitive sense but is well supported by research. In his 35 years of meta-analysis on research in education, Robert Marzano (2003) identifies a guaranteed and viable curriculum as one of 11 factors with a proven track record of increasing student achievement. Marzano (2003) defines a guaranteed and viable curriculum as one in which Clear guidance is given to teachers regarding the content to be addressed in specific courses, at specific grade levels. IndividualRead MoreUnderstanding The Predominant Program Models For Early Childhood Education936 Words   |  4 Pagesregards to the history of early childhood education, there is a high level of connectedness between care and education. (Canella, ) In order to understand the predominant program models for early childhood education let the consensus for model be described as a curriculum based approach or a curriculum. What does curriculum mean? For the sake of identifying quality, curriculum is a key component for building sustainable early childhood education programs. Curriculum encompasses ideas and materials transferredRead MoreAn Effective Leader Has Strong, Core Values1067 Words   |  5 Pageshas strong, core values about the standards in which they put forth for their staff and students to teach and achieve. Developing these standards can be continuously evolving due to the perpetual increase of knowledge and learning in the field of education. Although there are certain authorities that must be acknowledged, an administrator does have input in how these standards are implemented in their school or district. The federal law that seems to change from each presidency must be taken into considerationRead MoreThe Selection Of Instructional Approaches For Students With Disabilities827 Words   |  4 Pagesfor this module, your own professional experience, and the information you’ve been collecting for your curriculum design project, develop your own personal comprehensive summary of what you believe to be best practice for curriculum and instruction in special education. Where does fidelity of implementation fall into your summary? The best practice for curriculum and instruction in special education is Universal Design for Learning (UDL). UDL was introduced about 25 years ago by an educational researchRead MoreThe Theory of Evolution and Creationism Debate The subject on what goes into public school1700 Words   |  7 Pageswhat goes into public school textbooks have always been an intense debate. Recently Bill Nye the Science Guy and Ken Ham held a debate on this topic on February 4, 2014 which gain over two million views. Which raised the question is creationism a viable model of origin in today’s modern scientific era (Ken Ham)? In order for one to answer this question accurately first one would need to know why this question is significant. Then they would have to examine the past debate 1925 Monkey Scopes TrialRead MoreApplication Guidelines And Procedures For How The Curriculum Is Designed, Delivered, Monitored, And Evaluated1082 Words   |  5 Pagesguidelines and procedures for how the curriculum is designed, delivered, monitored, and evaluated. At Goodwill Secondary we offer a variety of courses to suit students of varying ability. Different types of instructions are expected, in order to address the unique needs of s pecific students. This instruction will be derived from a set of curriculum skills which are common to all the students. All students will be able to access the curriculum. Curriculum: The Goodwill Secondary School is a technicalRead MoreThe Impact Of Curriculum On Their Intended Beneficiaries842 Words   |  4 PagesGatto. American Citizens success is directly correlated to the quality of education they receive. The quality of education changes with location, and location is determined by income. Even if by chance an individual is able to locate a viable institution. The curriculum may harm a child intellectual growth more than it would stimulate it. John Taylor Gatto argues that standardized curriculum is boring our students, and crushing originality. While Jean Anyon states that a person socialRead MoreEssay On Curriculum Design1116 Words   |  5 Pagesensuring that curriculum is reflective of this diversity. As America becomes more diverse, it is commonplace for several languages to be spoken in a single school (five languages were represented in my classroom alone last year), and the demand for teachers trained at tackling the academic, emotional, and social needs of students is pressing. Transcending race, the issue is not easily rectified by offering to place teachers who â€Å"look likeâ₠¬  their students in the classroom; rather, the more viable solutionRead MoreEssay philosophy of education545 Words   |  3 PagesProgressivism My personal philosophy of education is most closely related to progressivism, which is a school of thought advocating that truth is determined by function. Progressivism is an educational philosophy focused on providing students with the skills and knowledge necessary not only to survive but also to succeed in a contemporary and competitive society. William James and John Dewey are accredited for developing the characteristically American philosophy of education that is progressivism. As theRead MoreAlternative Learning Options For A Future Democratic Society : The Ethical Goal Of A Level Playing Field1053 Words   |  5 PagesAssignment: Educational Perspectives Alternative Learning Options in the 21st Century And Education in a Future Democratic Society: The Ethical Goal of a Level Playing Field Angelynn Ouellette LBSU 250 Professor Dean October, 2016 Alternative Learning Options in the 21st Century In today’s society many people recognize that our current educational system is antiquated and heavily flawed. Many do not believe the education our children routinely receive adequately prepares them to be successful in their

Friday, December 13, 2019

The Effect Of Obestatin Health And Social Care Essay Free Essays

The present survey was designed to measure the effects of chronic intra peritoneal disposal of obestatin on plasma testosterone concentrations and cellular morphometry of the testicles in male Sprague Dawly rats. Treatment groups were injected with obestatin ( 1nmol/100  µl saline i.p ) while the control groups received saline ( 100  µl i. We will write a custom essay sample on The Effect Of Obestatin Health And Social Care Essay or any similar topic only for you Order Now p ) for 10 back-to-back yearss. Blood samples were collected at different clip intervals during and after the dose disposal. Testiss were removed after killing the rats on yearss 5 and 15 after the last injection. Plasma testosterone concentrations were found significantly high ( p A ; lt ; 0.05 ) in the obestatin treated groups as compared to the control groups. Testicular histomorphometry revealed that obestatin intervention caused a important addition in the primary spermatocytes ( P A ; lt ; 0.0001 ) , secondary spermatocytes and spermatids ( P A ; lt ; 0.005 ) and Leydig cells population ( p A ; lt ; 0.0001 ) both after five and 15 yearss. These findings indicate that obestatin significantly proliferate different testicular cell types and heighten testosterone secernment in male Sprague Dawley rats during peri-pubertal phase of development. Assorted peptide endocrines are secreted from the intestine and enter circulation that regulates nutrient consumption, energy balance and stomachic motility [ Tache et Al. 2004 ; Young et Al. 2005 ; Baynes et Al. 2006 ; Cummings et Al. 2007 ] . The oxyntic mucous membrane cells secrete two peptide endocrines, ghrelin and obestatin which are considered as functional adversaries of each other. Ghrelin addition nutrient intake while obestatin cut down nutrient consumption [ Zhang et Al. 2005: Gualillo et Al. 2006 ] . G-protein coupled receptor GHS-R1a is considered as ghrelin receptor [ McKee et Al. 1997 ] . Another G-protein coupled receptor GPR39 which belongs to the ghrelin receptor household and is considered as receptor of obestatin [ Zhang et al. , 2005 ] . In gnawers, obestatin look was reported in assorted tissues including stomachic mucous membrane, myentric rete perinatal pancreas every bit good as in the Leydig cells of the testicle [ Chanonie et Al. 2006 ; Dun et Al. 2006 ; Zhang et Al. 2005 ] . It was reported that obestatin can non go through blood encephalon barrier, nevertheless its look has been reported in the encephalon. It was therefore postulated that obestatin might make the encephalon through the average distinction [ Pan et Al. 2006 ; Jackson et Al. 2006 ] . Data sing the engagement of obestatin in the generative maps is still missing nevertheless in a recent survey it was found that obestatin might be involved in the ordinance of ovarian granulose cells maps. It was reported that obestatin significantly increase Lipo-Lutin secernment and bring on programmed cell death in civilized porcine ovarian granulose cells [ Meszarosova et Al. 2007 ] . Engagement of ghrelin in the ordinance of generative maps has besides been reported. It was found that intervention with ghrelin for 10 back-to-back yearss resulted in the suppression of proliferative stage of different testicular cells during peri-pubertal phase. In the back bead of these findings the present survey was designed to look into the chronic consequence of obestatin on testosterone production and testicular cell proliferation in male Sprauge Dawley rats. Different cell counts are presented in table 1. In the obestatin treated animate beings the average figure of spermatogonia was high as compared to the control animate beings, but this addition was non statistically important. However, the average figure of primary spermatocytes were significantly high at different experimental yearss in the obestatin treated animate beings as compared to the control animate beings ( P A ; lt ; 0.0001 ) . The average figure of secondary spermatocytes were besides significantly high in the obestatin treated animate beings on both 5 and 15 twenty-four hours ( P A ; lt ; 0.005 ) . Average figure of unit of ammunition and extended spermatids nowadays in the seminiferous tubule were significantly ( P A ; lt ; 0.005 ) high in both intervention groups dissected on different experimental yearss as compared to matching control groups. Similarly the average figure of leydig cells were significantly ( p A ; lt ; 0.0001 ) high in treated groups as compared t o command groups but the figure of Sertoli cells present in the seminiferous tubule was non significantly high in the treated groups as compared to the control groups on different experimental yearss ( figure 2 and 3 ) . Mean ±SEM testicular adventitia albuginea thickness, seminiferous tubule epithelial tallness and seminiferous tubule diameter of control and obestatin treated groups on different experimental yearss are presented in table 2. There was found no important difference in testicular adventitia albuginea thickness, seminiferous tubule epithelial tallness and seminiferous tubule diameter of treated groups as compared to the control groups. Mean ±SEM atomic diameter of spermatogonia, primary spermatocyte, secondary spermatocyte, sertoli cells and leydig cells of control and obestatin treated groups on different experimental yearss are presented in table 3. No important alteration in mean ±SEM spermatogonial, primary spermatocyte, secondary spermatocyte, sertoli cells and leydig cells atomic diameter was observed in treated groups as compared to the control groups, both at twenty-four hours five and twenty-four hours 15 ( figure 2 ) . The testicle is a complex hormone organ where different cell types interplay to guarantee male birthrate, under the control of a overplus of hormone, paracrine and autocrine regulative signals [ Saez 1994 ] . In recent old ages, it has become apparent that different factors with cardinal functions in the growing axis ( e.g. GHRH and IGF-I ) and organic structure weight homeostasis ( e.g. leptin ) are potentially involved in the ordinance of testicular map [ Ciampani et Al. 1992 ; Baker et Al. 1996 ; Tena-Sempere et Al. 1999 ; Tena-Sempere et Al. 2001 ] . The present survey was designed in order to measure the effects of 10 twenty-four hours chronic i.p disposal of obestatin on testicular morphology and androgen synthesis in peri-pubertal male rats. In the survey 45-days-old male rats were allocated for the experiment because this age is considered as normal timing of puberty happening in the male rats [ Ojeda and Urbanski, 1994 ] . Infusions ( i.p ) of obestatin for 10 yearss was started when the rats were 45 yearss old and were dissected on twenty-four hours 5th ( 60-days-old ) and 15th ( 70-days-old ) twenty-four hours after intervention. The first sperm cell is normally seen in the lms of seminiferous tubules at 45th twenty-four hours of age [ Clermont et Al. 1957 ] and mature sperm cell is seen in vessel deferens 13 to 14 yearss subsequently at the age of about 60 yearss [ Clegj et Al. 1960 ] . The proliferation rate of the testicular cells is higher in this peculiar clip, so for this ground the current experiment was conducted o n this stage of development in male rat. In the present survey, chronic extract of obestatin during the pubertal phase, significantly increased testosterone degree in big male rats, and that elevated testosterone degree might straight heighten the spermatogenesis every bit early as observed in bulk of the seminiferous tubule in the treated animate beings as compared to the control animate beings. Obestatin intervention besides caused pronounced addition in figure of assorted testicular cells in the seminiferous tubules. This determination shows that obestatin has a stimulatory function in the transition of cellular proliferation during the peri-pubertal period in male rats. This determination besides suggests a possible opposing manner of action of obestatin as compared to ghrelin, as it was besides antecedently reported that ghrelin is a negative modulator of male generative system [ Kheradmand et al. 2008 ] . Obestatin intervention for 10 back-to-back yearss failed to do any significantly addition in the figure of spermatogonia and sertoli cell in the seminiferous tubule of the male rats and besides has no effects on seminiferous tubule and epididimal cannular thickness and its diameter. Similarly no alteration was observed in the weight and diameter of testicles. No information sing consequence of obestatin on testicular degree has been still reported. The present observations provide grounds for an engagement of obestatin in heightening the testosterone production from leydig cells. Either this addition in the testosterone secernment is the direct consequence of the binding of obestatin to its receptor ( GPR 39 ) which is present in testicle [ Yammamoto et Al. 2007 ] or obestatin could either heighten the reactivity of Leydig cells towards pituitary LH. Clearly farther surveies are needed to screen out the exact mechanism through which obestatin enhance testicular testosterone synthesis and the manner through which it induce spermatogenesis in male rats testicles. How to cite The Effect Of Obestatin Health And Social Care Essay, Essay examples

Thursday, December 5, 2019

Significance of Positive Accounting Research Samples for Students

Question: Analyze the Scope, Role Impact of Positive Accounting Theory. Answer: Introduction Basically, each and every research paper is start from a research topic that addresses research problems and questions. The main research topic for this research is to understand and analyze the scope, importance/role/impact of positive accounting theory research and its implication in the real life. Moreover, it is also important to know that, in order to address the research questions and problems, the research article such as: Half a Defence of Positive Accounting Research is selected. Based on this research article, the key objectives associated with this research paper would be attained in order to reach a valid conclusion. Generally, the author of this research article is Paul V Dunmore and written in the year 2009. Moreover, the main aim of this critique is to conduct a critical investigation on the arguments presented by the researcher in this research article. In the same way, both positive and negative aspects of the research article would be presented in this paper to eff ectively understand the research topic and problem. At the same time, the researcher of the article had presented several arguments on the importance and implication of positive accounting research and theory. Additionally, this research paper is structured in an effective and proper manner to understand all the aspects of the research paper and article. For instance, the main parts of this research paper are introduction, detailed overview about the research article, research problems/questions, theoretical framework, importance, limitation of article and conclusion. Overview/Summary of Research Article In the research article, the author had tried to explain the significance of positive accounting research and theory and its applications in the real life or corporate world. Moreover, in this research article, it is argued that, business firms or companies must adopt such theories and practices in order to attain long term objectives, competitive scope and fight with the future business challenges (Hay, Knechel and Wong, 2006). It is found that, positive accounting is an important area that not only helps the business firms in reducing a number of costs but also adding the values in the efficiency, as well as productivity of the companies quickly and effectively. Additionally, the findings of the article is indicates and highlights the significance and value of behavioral finance in term of predicting (Francis, 2006). Moreover, the researcher had also analyzed the hypothesis of Efficient Market Hypothesis. Along with this, in this research article, the author had suggest to the comp anies and organizations of todays corporate world that, they should focus on using positive accounting theory as compare to the Efficient Market Hypothesis in order to enhance organizational efficiency and gain competitive scope. In addition to this, the main findings of the research article reflect that the PAT helps the business firms in analyzing and predicting the real life events effectively. In the same way, it brings innovation, improvements and development within a number of accounting transactions (Dunmore, 2009). It is also argued by the researcher in his study that, it is more essential and valuable for todays corporate companies to investigate and access the main reason behind any exact event. So, PAT is also more dynamic and useful for all the types of firms in predicting and analyzing the unprecedented events that are related to the firms and may affect the success and growth of the business firms. On the other hand, it is also summarized that, through the positive theory or research, a particular company could be success in predicting the sustainability aspect of its business in a more competitive and dynamic market situation in an effective and innovative manner (Fogarty and Markarian, 2007). Furthermore, the researcher of the article is also provides suggestions to todays business, accounting and finance manager to have strong as well as complete ideas about their own financial abilities to run accounting financial functions more dynamically. Moreover, they should also focus on enhanc ing their capabilities and knowledge in order to attain the long term and strategic goals and objectives of a firm. Along with this, it is also analyzed from the article that, positive accounting is a scientific approach to the research in the area of accounting that play a key role in developing an clear understanding about the main factors affecting the behavior of human in the accounting setting (Dunmore, 2009). Moreover, in order to effectively and accurately understand the human behavior, the author had presented a number of epistemological as well as ontological assumptions. But these assumptions would require scientific research to be a feasible intellectual project. On the other hand, it is also argued by the researcher that, positive accounting theory is offer positive outcomes for the companies and offer opportunities to the companies to understand upcoming events. Moreover, in order to improve decision making in the context of accounting setting, business firms must use positive research and theory. Moreover, importance of positive research programs and positive accounting theory is also summarized in the article (Belt, 2007). For case, the main findings of the study indicates that positive accounting research programs have more scope and wider than the positive theory. It is behavioral aspects of the accounting and financial transactions could be understood by a company by conductin g positive research programs. This is also offer opportunities and scopes to the financial managers to effectively and accurately handle the accounting issues in a more dynamic and systematic manner. Overall, it can be said that, the author had tried to explain the significance and role of PAT in the accounting setting to attain long term objectives of the business firms (Dunmore, 2009). Research Questions This research paper has wider scope for the further study in the area of positive accounting research programs, and theory. So, it addresses a number of specific, valuable and important research questions. The main research question of the study is given as below: How positive accounting theory and research is more significant and valuable in the accounting setting. And what are their major implications in the real corporate world? The following are the sub- research questions that directly and indirectly linked with the study such as: How positive research and theory influence the decisions of corporate companies positively? What are the key advantages and disadvantages of using PAT theory and research? What are the major roles and functions of PAT and positive research in improving organizational efficiency, and productivity? (Libet, 2002). How to avoid and deal with the future business challenges by using positive research programs? How positive research is plays a key role in adding the values within the companies? What are the major roles of behavioral finance? What are the major differences among the positive research, positive theory and theory of efficient market? Why business firms should use positive research and theory by ignoring Efficient Market Hypothesis? (Kosmala and MacLullich, 2003). How PAT and research plays key role in predicting real events for the corporate world? Why it is important for the financial and accounting manager to have strong financial knowledge and abilities? What are the major forces that may affect the human behavior in the context of accounting? What are epistemological and ontological assumptions in the accounting setting? Why positive research is wider and valuable than the positive theory? These identified research questions or hypotheses are more valuable that helps in addressing the research problems and solving the research issues effectively. These questions are presenting and reflecting both positive and negative aspects of the conducted literature review (Davila, and Foster, 2007). Theoretical Framework The researcher had used various theoretical framework and concepts in order to fulfill the objectives of the study. For case, theoretical assumptions are made by the author by using epistemological and ontological statements in order to solve the research problems effectively. In addition to this, these theoretical concepts and frameworks are more valuable for the financial managers, accounting people and auditors to improve their understanding about the positive research and theory and their value in the real life events. For case, by applying this theoretical framework, they could be able to enhance organizational efficiency and productivity in a more innovative, systematic and dynamic manner. At the same time, the theoretical framework could also be used and applied by todays business firms and companies in order to deal with the future business challenges in the area of finance, auditing and bookkeeping (Dahmash, Durand, and Watson, 2009). In the same way, the present accounting systems, process and practices could be improved effectively by using such theoretical framework. In addition to this, the framework such as positive research, theory, programs, efficient market theory could also be used by the companies to predict the upcoming events those are directly or indirectly linked and related with the business operations and functions. This would bring innovation and development not only within the accounting and financial functions but also entire functions of the firms. Moreover, the researcher had also used various significant theoretical models to present the study that could be used to bring reliability, flexibility, accountability within the current process and systems (Antle, Gordon, Narayanamoorthy, and Zhou, 2006). The Significance and Limitations of the Article Significance: On the basis of the findings and arguments made by the researcher, the main significance of this research article is that the author had used and applied various statistical, mathematical and theoretical models to present the study and address the research problems effectively. Moreover, clear discussion on the positive research, positive theory and efficient market theory is also made by the researcher that is important to understand the study. Along with this, the researcher had also tried to explain and define the major differences among the positive accounting theory and positive accounting research or program. Overall, it can be said that, each and every aspects related to the positive accounting theory and research is analyzed properly and accurately by the author to develop a clear understating about the research topic. Finally, the author had crucially conducted literature on the study by considering both positive and negative aspects. These are the main importa nce of the study found in the study (Choi, Kim, Liu, and Simunic, 2009). Limitations: The key limitation and disadvantage of the study is that, the author had not presented study scientifically, appropriately and effectively. It is because there are no clear research topic, research objectives, goals, research questions. Moreover, the researcher had not focused on developing the hypothesis for the study that is a major weakness of the study. Along with this, it is also analyzed and accessed that, the researcher had more focused on theoretical concepts of positive research and ignored others aspects directly that shows no link among the research topic and problem (Humphrey, 2008). The information, data, results and findings of the study is not presented graphically that is another limitation of the study. Moreover, more complicated and complex mathematical models are used in the study that is not easily to use and understand by the financial and accounting managers. In the same way, this research study has a lot of limitations that directly or indirectly a ffecting the findings and results of the study (Ashton, Dunmore, and Tippett, 2004). Conclusions Based on the facts, and observation made by the researcher in his study, it can be concluded that, positive accounting theory and research is play a key role in predicting the human behavior in the accounting setting that is important for a company in enhancing its productivity and efficiency. Moreover, positive research has more scope and wider as compare to positive accounting theory because it provides significant opportunities to the financial/accounting managers and their companies to predict and access future business events that are related to the company and its business operations. Additionally, the business firms should ignore efficient market hypothesis by using positive accounting research in order to bring innovation, accountability, creditability and accuracy within the accounting transactions and functions. Finally, it can be concluded that, in todays corporate business environment, human behavior is affecting the business decisions so business firms should apply posit ive theory and research in the accounting setting. References Antle, R., Gordon, E., Narayanamoorthy, G., and Zhou, L. (2006). The joint determination of audit fees, non-audit fees, and abnormal accruals. Review of Quantitative Finance Accounting 27 (3), pp. 235266. Ashton, D., Dunmore, P., and Tippett, M. (2004). Double entry bookkeeping and the distributional properties of a firms financial ratios. Journal of Business Finance and Accounting 31 (5-6), pp. 583606. Belt, D., (2007). Struggle for the soul of Pakistan. National Geographic 212 (3), pp. 3259. Choi, J.-H., Kim, J.-B., Liu, X., and Simunic, D. A. (2009). Cross-listing audit fee premiums: Theory and evidence. The Accounting Review 84 (5), pp. 1429 1463. Dahmash, F. N., Durand, R. B., and Watson, J. (2009). The value relevance and reliability of reported goodwill and identifiable intangible assets. The British Accounting Review 41 (2), pp. 120 137. Davila, A., and Foster, G. (2007). Management control systems in early-stage startup companies. The Accounting Review 82 (4), pp. 907937. Dunmore, P.V. (2009). Half a Defence of Positive Accounting Research. Available At: https://sydney.edu.au/business/__data/assets/pdf_file/0012/59988/Paul_Dunmore_MEAFA_201df {Accessed On: 27 May 2017}. Fogarty, T. J., and Markarian, G. (2007). An empirical assessment of the rise and fall of accounting as an academic discipline. Issues in Accounting Education 22 (2), pp. 137161. Francis, J. R., (2006). Are auditors compromised by nonaudit services? Assessing theevidence. Contemporary Accounting Research 23 (3), pp. 747 760. Hay, D. C., Knechel, W. R., and Wong, N., (2006). Audit fees: A meta-analysis of the effectof supply and demand attributes. Contemporary Accounting Research 23 (1), pp. 141191. Humphrey, C., (2008). Auditing research: A review across the disciplinary divide. Accounting, Auditing Accountability Journal 21 (2), pp. 170 203. Kosmala and MacLullich, K. (2003). The Emperors new clothes? New audit regimes: Insights from Foucaults Technologies of the Self. Critical Perspectives on Accounting 14(8), pp. 791. Libet, B. (2002). The timing of mental events: Libets experimental findings and theirimplications. Consciousness and Cognition 11 (2), pp. 291299.

Thursday, November 28, 2019

The Next Millennium Of Graphic Design Essay Example For Students

The Next Millennium Of Graphic Design Essay A career in graphic design is perfect for a creative individual who has a sense of design. A graphic designer is one who creates ideas that are expressed in words and/or pictures, and generally solves problems of visual communication, says Paul Rand, a professional designer 23. Employment in this profession is projected to increase 29% by the year 2006, which is the highest of any career according to a study done by the American Institute of the Graphic Arts 3. A graphic designer may work in a variety of places including a large firm or corporation, a specific design agency, a magazine or newspaper, or even in his own home as a freelance designer. There are few specific requirements needed to be involved in graphic design. However, there are similar traits and qualities that most designers generally possess, including training, knowledge of specific elements, using criticism positively, and a keen eye for color and balance. The cost of being a graphic designer must also be factored in. We will write a custom essay on The Next Millennium Of Graphic Design specifically for you for only $16.38 $13.9/page Order now Graphic design is a career that offers a creative outlet but can be quite stressful, which is why designers must be cooperative and work well with others. A dexterous designer knows how to use criticism positively. Oftentimes criticism is what makes a piece of art better. Depending on the project, job duties may include designing and preparing layouts, sketching out ideas, arranging the materials needed, or putting together the final image. Since there may be different requirements for each client, a graphic designer on average should have the ability to be spontaneous and creative and work well under pressure and stressful in situations. DO NOT be a designer if you stress out easily! says Steve Jones interview. In many cases a designer has deadlines which may not be negotiated with his clients, and therefore he must work productively. There is also the downside of creating an image that is not accepted by the client; the designer must then discuss what is wrong with it and perhaps start over. Any job becomes creative when the doer cares about doing it right, or doing it better. Borenstein Certain clients leave the project completely open-ended and up to the designer, while others have a specific idea in mind. It is important for the designer to remember that he is creating a piece of work for someone elses liking, and it may not be exactly what he would do on his own time. Most clients, however, choose their designers by looking at their portfolios or recognizing other pieces they have created. A client usually hires someone with a style he prefers. Other qualities that a designer must have include the ability to make original designs, knowledge of composition, and attention to detail. Social skills play a major role in the profession. While creating a design may be done independently, the final piece is usually presented by the designer to someone else. It is not likely that advanced math will be used, but basic skills such as adding and subtracting quickly and accurately are necessary. There is also not a lot of physical activity essential to the artist. At the end of a project, your brain will feel like it just ran a marathon. Anderson The amount of time it takes to create a piece of graphic art depends on the individual. If he is given a deadline, for instance, the designer will use his time wisely and efficiently to finish the project. A designer often works from his home, which allows them to choose their own hours. An experienced artist is aware of their personal style of creating and finishing a project. Some work well in an office setting, while others work more efficiently at night when it is quiet. Due to the variations in styles and individuals, a graphic designer generally spends around 25-50 hours a week working on projects. Preparing to be a professional graphic designer can vary depending on how much experience is desired by the individual. On average, the minimum amount of education is between two and four years of training in either fine art or design. .uda53f6a3b8823f33bbe7b92687f9d056 , .uda53f6a3b8823f33bbe7b92687f9d056 .postImageUrl , .uda53f6a3b8823f33bbe7b92687f9d056 .centered-text-area { min-height: 80px; position: relative; } .uda53f6a3b8823f33bbe7b92687f9d056 , .uda53f6a3b8823f33bbe7b92687f9d056:hover , .uda53f6a3b8823f33bbe7b92687f9d056:visited , .uda53f6a3b8823f33bbe7b92687f9d056:active { border:0!important; } .uda53f6a3b8823f33bbe7b92687f9d056 .clearfix:after { content: ""; display: table; clear: both; } .uda53f6a3b8823f33bbe7b92687f9d056 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uda53f6a3b8823f33bbe7b92687f9d056:active , .uda53f6a3b8823f33bbe7b92687f9d056:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uda53f6a3b8823f33bbe7b92687f9d056 .centered-text-area { width: 100%; position: relative ; } .uda53f6a3b8823f33bbe7b92687f9d056 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uda53f6a3b8823f33bbe7b92687f9d056 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uda53f6a3b8823f33bbe7b92687f9d056 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uda53f6a3b8823f33bbe7b92687f9d056:hover .ctaButton { background-color: #34495E!important; } .uda53f6a3b8823f33bbe7b92687f9d056 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uda53f6a3b8823f33bbe7b92687f9d056 .uda53f6a3b8823f33bbe7b92687f9d056-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uda53f6a3b8823f33bbe7b92687f9d056:after { content: ""; display: block; clear: both; } READ: Technology In Photography And Design EssayMany choose to attend a general university to start with and often transfer to a specific art or design school. High school students are not expected to take classes specifically in graphic design, but advanced art classes will help them in the future. A basic four-year high school curriculum English, math, science, and history is all that is expected to have been taken by a high school student; however, college preparatory classes are beneficial. Since the demand for designers is quickly increasing, finding a job after advanced training is quite simple. Employers will look for those with a strong background, experience, and a large portfolio. A designer may have a natural ability to create an extraordinary piece of design; in this case a lot of training is not necessary. For this reason, students who wish to find work as soon as possible should look into attending an art school after they graduate from high school. Graphic design requires one to have knowledge and experience in working with images and type. Typography is the term used to describe the use of words and type to convey a message Perfect. One who has an intelligent sense of design is familiar with how to incorporate color with type and image to create an emphasis where needed. It is important to be able to catch on to things quickly. A strong vocabulary will be to the designers advantage, because oftentimes words are used as the main focus; any misspellings would not be the clients fault. When looking at advertisements in magazines, for example, the ones that catch the eye have a good balance of image and type; there is not too much of one or the other. Computers are quickly becoming the most popular tool for combining image and type. The materials needed in graphic design can be quite expensive, but the final product will be worth it. As any artist knows, the cost of supplies adds up fast. The images can either be taken from a photograph, a sketch, a painting, or any other type of art. There is also the need for access to a computer, scanner, and printer. Computer programs that are specifically designed for the graphic arts can be quite costly, such as Photoshop about $600. In order to produce a nice piece of work, these materials are necessary. Other computer programs include Quark, Adobe Illustrator, and Corel Draw. In order to be a leading designer in the future, individuals in the profession must have the ability to come up with original and unique ideas. One who enjoys preparing layouts for school projects or arranging art into a final composition would excel in the graphic design field. Not anyone can be a graphic designer; only those who accept responsibility and have a natural ability in design will enjoy this career. Modern-day designers will be the leaders of the next millennium and will produce the designs that will be seen for years to come. The opportunities as a graphic artist are endless.

Sunday, November 24, 2019

German Christmas Pickle Tradition

German Christmas Pickle Tradition Look closely at a decorated Christmas tree and you might see a pickle-shaped ornament hidden deep within the evergreen branches. According to German folklore, whoever finds the pickle on Christmas morning will have good luck for the following year. At least, thats the story most people know. But the truth behind the pickle ornament (also called a  saure  gurke or Weihnachtsgurke) is a little more complicated. Origins of the Pickle Ask a German about the custom of  Weihnachtsgurke and you may get a blank look because in Germany, there is no such tradition. In fact, a survey conducted in 2016 revealed more than 90 percent of Germans asked had never heard of the Christmas pickle. So how did this supposedly German tradition come to be celebrated in the U.S.? The Civil War Connection Much of the evidence for the historical origins of the Christmas pickle is anecdotal in nature. One popular explanation links the tradition to a German-born Union soldier named John Lower who was captured and imprisoned at the notorious Confederate prison in Andersonville, Georgia. The soldier, in ill health and hungry, begged his captors for food. A guard, taking pity on the man, gave him a pickle. Lower survived his captivity and after the war began the tradition of hiding a pickle in his Christmas tree in remembrance of his ordeal. However, this story cannot be authenticated. The Woolworths Version The holiday tradition of decorating a Christmas tree did not become commonplace until the last decades of the 19th century. Indeed, observing Christmas as a holiday was not widespread until the Civil War. Prior to that, celebrating the day was largely confined to wealthier English and German immigrants, who observed customs from their native lands. But during and after the Civil War, as the nation expanded and once-isolated communities of Americans began mixing more frequently, observing Christmas as a time of remembrance, family, and faith became more common. In the 1880s, F.W. Woolworths, a pioneer in merchandising and the forerunner of todays large drugstore chains, began selling Christmas ornaments, some of which were imported from Germany. Its possible that pickle-shaped ornaments were among those sold, as youll see in the following story. The German Link There is a tenuous German connection to the glass pickle ornament.  As early as 1597, the small town of Lauscha, now in the German state of Thuringia, was known for its glass-blowing industry. The small industry of glass-blowers produced drinking glasses and glass containers. In 1847 a few of the Lauscha craftsmen began producing glass ornaments (Glasschmuck) in the shape of fruits and nuts. These  were made in a unique hand-blown process combined with molds (formgeblasener Christbaumschmuck), allowing the ornaments to be produced in large quantities. Soon these unique Christmas ornaments were being exported to other parts of Europe, as well as England and the United States of America. Today, a number of glass makers in Lauscha and elsewhere in Germany sell pickle-shaped ornaments.

Thursday, November 21, 2019

Political Participation and Nonprofit organization Essay

Political Participation and Nonprofit organization - Essay Example They include religious, educational and social institutions. They register under the 501(c) (3) section of the federal law. The other major branch of non-profit organisations includes political parties and unions. They are actively involved in political matters but to a certain scoop. They cannot fund a political campaign or a particular candidate. They register under 501(c) (4).The last group; the Political Action Committees (PACs) are the most partisan of them. The Federal Election Commission regulates their operations. They are permitted to support candidates. However, despite the restrictions, non-profit organisations play a huge role in influencing political activities that it is becoming difficult to draw a boundary where they should not cross in political arenas (International Association for Public Participation, 2015). Non-profit organisations advocate for issues. They start out as non-partisans, uninvolved in political movements. However, eventually they take a position in addressing political issues. They mainly concentrate on creating awareness to the public on civic matters such as urging them to register as voters (Fair Vote, 2015 ). Since the public trusts them, many follow their stand. They have become an agent of change in society, whether negatively or positively. Their presence in political matters is impossible to ignore. MoveOn.org is a non-profit organisation registered in two parts. One is a 501(c) (3) group while the other is under the PAC. The organisation shook the decision of the House of Representatives when it opposed its impeachment against Clinton. The court had to pronounce him innocent because of their voice. They used the internet to influence people’s preferences and eventually, they won. It shows just how powerful non-profit organisations can be, especially with t he right tools. Communication has gone so fast and wide that the internet itself can help

Wednesday, November 20, 2019

Mangmnt 3010 Essay Example | Topics and Well Written Essays - 1250 words

Mangmnt 3010 - Essay Example The company can maintain itself through the effect of the implementation of this leadership style by hiring new employees. So, if the company engages in mere routine and unskilled jobs, it is easy to hire new employees without ill effects to company management and production. The tactical plan and actions to address Autocratic Leadership has its basic foundation in ensuring that the leadership style suits company goals and the company’s capacity to maintain such leadership style. From this, other plans may arise to ensure employee loyalty. This system of rewards has been proven as a good means to keep employees under control. A system of rewards as defined by a business dictionary as â€Å"procedures, rules, and standards associated with allocation of benefits and compensation to employees† may be put into play. The company can devise steps for the giving of incentives, bonuses, and benefits to those who will continue to work well and obey management. Rewards may also b e given for employees who continue to stay with the company, perhaps a bonus for every three year anniversary. A government agency, NASA, defines employee relations as â€Å"involving the body of work concerned with the maintenance of employer-employee relationships that contribute to satisfactory productivity, motivation, and morale.† This leaves no room for conflict or problems between co-employees and management. Management must ensure and maintain employees happy, creative and enthusiastic. By keeping employees in such a state, they will work better for the interests of the company. It is for this reason that the Florida Atlantic University promotes the creation of a positive environment and relationships based on good management practices and workplace behaviors. There are courses of action to create a positive environment and

Monday, November 18, 2019

Construction law Essay Example | Topics and Well Written Essays - 1000 words - 1

Construction law - Essay Example Spelling out the rights and responsibilities of the various parties thus becomes very difficult, because the main contract may exist between the client and the contractor, but may not take into account the rights of the other third parties. It may not also adequately represent the rights of the client if there is a violation by the third parties in question. Collateral contracts are required in construction contracts, where subcontractors perform services for the main contractor rather than the customers themselves and their rights need incorporation into construction agreements. Collateral contracts in effect, establish a connection between parties such as the client and the subcontractors who would not otherwise enter into a direct contractual relationship. When a contractor expresses an intent to utilize the services of a particular subcontractor, who commences work on this basis, it will be entitled to take legal action if the contractor fails to fulfil any of the implied terms, even if no formal contract exists. In the case of British Steel Corporation v Cleveland Bridge and Engineering Co Ltd (1984)1, the Court held that there was no true agreement between the parties, but the claimants were entitled to recover certain payments due to them on a quantum meruit basis2 and the defendants’ counter claims were not entertained. Collateral warranties are required to counteract the difficulty associated with establishing a liability in tort when a construction contract is in place; as stated by Lord Scarman, â€Å"Their Lordships do not believe there is anything to the advantage of the law in searching for a liability in tort where the parties are in a contractual relationship.†3 The extent to which the Courts could apply duty of care and the tort of negligence would be circumscribed within the contractual terms and

Friday, November 15, 2019

Strategic Management at Sainsburys

Strategic Management at Sainsburys Introduction The word â€Å"strategy† is often over-used in a fuzzy manner. Therefore this simple and straight-forward definition of strategy given by William E Rothschild, the business leader and an ex-General Electric veteran is one of the best available. He defines strategy as â€Å"What do you want to achieve or avoid? The answers to this question are objectives. How will you go about achieving your desired results? The answer to this you can call strategy.† The highlight of this definition is that it clearly distinguishes strategy from â€Å"objectives.† This assignment examines strategic management at Sainsburys, during various booms and busts from the days of its launch till date. The analysis is done within the various conceptual frameworks of strategic management in general and Michael Porters five forces model, in particular. Strategic Management An articulate, well-laid out and well-executed strategy is the cornerstone of long term prosperity of any business. Strategy operates at various levels, starting with Business or Corporate strategy. Since the ultimate goal of a business is to gain leadership position in one or the other form, business strategy shapes marketing strategy, competitive strategy and growth strategy. Corporate Strategy This is an organisation wide strategy that directs and controls the composition of all business activity. It starts with a clear and quantified mission statement. This area is a preserve of top management. Decisions are taken on: How resources will be allocated across the organisation Portfolio of activities for the firm Clear definition of the objectives One of the key ingredients of good strategic management is organisational leadership and its ability to clarify strategic intent. Driven by vision, it is â€Å"an articulation of a simple criterion or characterisation of what a company must become to establish and sustain global leadership.† (Source: Pearce et al pp 340). Competitive Strategy In an ideal situation of a monopoly, competitive strategy has no significance. But in reality this is never the case. In near perfect competition, leadership position comes to a business only by gaining sustainable advantage over its competititors. At times this also determines the growth paths that a business should take. For instance, evaluating a move away from core competence into a completely unrelated business, or initiating take-over of another business that can offer synergies. The five forces model Michael E Porter proposed the five forces model in 1980 in his book â€Å"Competitive Strategy: Techniques for Analyzing Industries and Competitors.† In this widely respected and accepted framework he suggests that there are five generic forces that act upon a business irrespective of what industry it operates in. These forces are: Competitive rivalry within the industry between existing businesses: The significance of this force in a sector such as the UK grocery retail sector, with large number of players, is the erosion of loyalty because of perceived commoditisation. Threat of new entrants: If the barriers to entry are low because of low capital investment or lack of regulation, it can create further pressure with price cutting. Bargaining power of suppliers: Leads to lack of control over the supply chain Bargaining power of customers: Erodes loyalty and causes switching Availability of substitutes: Once again erodes customer loyalty and causes switching. This is a real pressure on UKs retail sector. To counter these forces and gain competitive advantage a firm can adopt either or a combination of two business strategies: Comparative advantage / cost leadership: This emerges from economies of scale. It is a firms ability to source and produce at cost which is lower than its competitors and therefore earn higher margins. It does not necessarily mean offering lower price in the marketplace. Differential advantage / differentiation: Is a firms ability to create a unique perception about itself vis-à  -vis its competitors in the marketplace. It allows a business to cultivate loyal segments of customers. Sainsburys Background Founded and launched in 1869, J Sainsburys PLC has as rich a history as modern London. John James and Mary Ann Sainsbury launched their first store named Sainsburys at Drury Lane and quickly expanded to a chain of four shops by 1882. â€Å"Throughout companys history, the Sainsbury brand has been synonymous with good-quality, well-presented products, with 50 and 60 per cent of the range being sold under the various versions of Sainsburys brand.† (Source: Varley). An average Sainsburys supermarket today stocks approximately 30,000 products 50% of which are its own label. The company not only wants to deliver high quality products but also wants to be seen as doing this by its customer. (Source: Thompson et al pp 192). The mission of revival: In the last decade, the company has lost its leadership position to Tesco and ASDA.. Currently it has between 16-17% market share, and is placed at third position. In 2004, there was a change at the top level. In 2005, its new chief executive clarified the companys strategic intent by launching an organisation wide revival programme â€Å"Making Sainsburys Great Again† and announced a mission of increasing sales by  £2.5bn by the end of 2007-08. As a result of this turnaround program, at the end of this financial year, Sainsburys â€Å"has reported sales growth ahead of expectations.† (Source: BBC New Website) Competitive strategy: If history of successful businesses is analysed, it will clearly emerge that winners are in the top slots because of the risks they have take. Businesses hungry for long-term success identify gaps and problem areas and attempt to provide solutions to their customers. Leaders at the helm do this with a combination of instinct backed by objective analysis of emerging trends. This is precisely what Sainsburys did in an extremely tough economic and social environment during and after the World War II when external forces were threatening its existence. In a pioneering move in the UK market, the grocery chain re-engineered its store operations by adopting the American format of food-retailing. Its first â€Å"selfservice† store launched in 1950 immediately after the World War II, when food and other resources required for subsistence were scarce, became a success because it solved a major problem faced by customers it busted shopping queues. (Source: Sainsbur ys website). Such moves are evident through out its existence and its march towards becoming one of the best known retailers in the history of British business. Sainsburys today: A move towards consolidation and growth The company plans to focus on three of its core areas: Sainsburys Supermarkets, Sainsburys Online and Sainburys Bank Steps taken since 2004 in the retailing business: Price reduction across a number of products. Improving availability. Introduction of over 3000 new items. Introduction of nutritional labelling branded â€Å"Wheel of health† on over 1500 products. Introduction of â€Å"Try cards† under the slogan ‘Try Something New Today built on healthy eating plank. The initiative aims to add value to the food shopping habits and changing food consumption habits. Its success measured by â€Å"over 7 million ‘Try cards picked up in stores.† Engaging its 3500 smaller scale suppliers by launching a campaign â€Å"Supply Something.† The initiative is aimed at making local supply chain robust. Increasing non-food product categories especially to generate a minimum of  £700m sales. Initiating community participation programs such as â€Å"Active Kids campaign† involving donations of equipment to schools. Attempting to become a responsible corporate citizen by setting targets of reducing carbon emissions and introducing re-cycling. The company has a sourcing office in Hong Kong â€Å"Sainsburys serves 16 million customers each week in 455 supermarkets and 301 convenience stores across the country. The company employs 148,000 colleagues commited to delivering ‘Great Food at Fair Prices.† maintains the companys official website. All the above activities are aimed towards gaining either diffrential or cost leadership or a combination of both. The future There is an increase in sales in the grocery business over the last financial year amounting to Pounds 324 million a growth of 458.6% over 2006. However financial services that accounts for just 1.7% of the total sales has seen a fall of 11.8% over 2006. The organisation states one of it values as â€Å"Getting better Every Day.† In the current tight economic scenario, Shareholders are expecting most of the retailers to use their real estate assets for generating additional liquidity. But in a move completely reverse of the expectation, Sainsburys has tied-up with their lessor British Land. â€Å"Sainsburys also announced it was teaming up with British Land to create a  £1.2bn joint venture to run 39 superstores across the UK. The supermarket says it will invest  £273m into the venture, in which it will have a 50% stake. The stores are currently owned by British Land and leased to Sainsbury for 20 years.† (Source: BBC News Website). Land is the fundamental element in a large scale retail business and store location, store design and merchandise are all important critical success factors. It can be safely concluded that this recent collaborative move by Sainsburys is a deliberate long term. By investing in developing its stores, it can further hope to get a differential advantage over its competitors.

Wednesday, November 13, 2019

The Heart Essay -- Biology

â€Å"The heart† The Heart is a very important organ in the body. It is what keeps your blood flowing and your organs going. It is a tireless muscle that pumps more than two thousand gallons of blood every day. The blood that is pumped is filled with nutrition and oxygen (Colombo 7). It travels through out your body in less than sixty seconds. So it needs to be taken extra good care of. When abuse is put on the body, the heart’s performance is not at its best. The Heart is a major organ that needs loving and care. Everyone has only one and by abusing it, they are cutting their live span little by little. People can live their lives freely but how they choose to live them could be the difference between life and death. The heart is a pump with four chambers made of their own special muscle called cardiac muscle. Its interwoven muscle fibers enable the heart to contract or squeeze together automatically (Colombo 7). It’s about the same size of a fist and weighs some where around two hundred fifty to three hundred fifty grams (Marieb 432). The size of the heart depends on a person’s height and size. The heart wall is enclosed in three layers: superficial epicardium, middle epicardium, and deep epicardium. It is then enclosed in a double-walled sac called the Pericardium. The terms Systole and Diastole refer respectively and literally to the contraction and relaxation periods of heart activity (Marieb 432). While the doctor is taking a patient’s blood pressure, he listens for the contractions and relaxations of the heart. He also listens for them to make sure that they are going in a single rhythm, to make sure that there are no arrhythmias or complications. The heart muscle d oes not depend on the nervous system. If the nervous s... ... initiative to live longer by doing a few extra steps, or eating cheerios instead of a thick juicy donut. It may not seem like much but it is. The Heart is a major organ that needs loving and care. Everyone has only one and by abusing it, they are cutting their live span little by little. People can live their lives freely but how they choose to live them could be the difference between life and death. By eating healthy, exercising, people can live longer lives. People who smoke, drink, and don’t exercise normally have to look forward to a lot of testing such as: cat scans and x-rays. They get to go through surgeries, such as: Bypasses and stents. Eventually doctors can no longer do any more for them but place them on machines that will continue the heart’s job. Why not choose to live life to the fullest and take care of one of the body’s most important organs.