MPH502-Introduction to Public Health (Module 4 SLP) Essay

MPH502-Introduction to Public Health (Module 4 SLP) - Essay Example These center territories are: As can be seen from the given rundown of center regions, every territory spoke to a significant parameter of general wellbeing as, access to quality wellbeing administrations and improvement of general wellbeing framework without a doubt are a portion of the fundamental prerequisites for any general wellbeing plan to be extremely compelling and effective. Likewise, opportune suggestion of approaching wellbeing perils is a similarly significant piece of a wellbeing program in the event that it envisions intentional and excited cooperation from all areas of the general public. Individuals must know about an issue before they can respond emphatically to it. Thus, vaccination and security against irresistible infections that may influence huge areas of the network is additionally a significant piece of an effective national wellbeing program. Youngsters are the eventual fate of any general public and whenever United States needs to accomplish a solid future, it is very normal that maternal, baby and kid wellbeing ought to involve a significant spot in any general wellbeing activity. Wellness is quintessence of sound life and overweight can be dispensed with just through appropriately aligned physical movement and legitimate nourishment. In this way, clearly, these structure a piece of the center territories. Training is potentially the absolute most intense device to make individuals capable and mindful of general medical problems as it empowers individuals to completely understand their privileges and obligations as individuals from common society and such a mindfulness can best be spread through projects that include whole networks. Tobacco is a quiet executioner and it is being acknowledged to be so by all driving clinical and wellbeing professionals. Hence, it is no big surprise that tobacco use and substance misuse (counting liquor) likewise discover their place among 28 center regions. The different center territories as malignant growth, coronary illness and stroke, diabetes, HIV/AIDS, psychological well-being and mental issue, explicitly

Premium-price Milk in the Company Coca-Cola Essay - 5

Premium-value Milk in the Company Coca-Cola - Essay Example In the dairy case, the milk is additionally liberated from lactose, and it will be sold while cold. The creation line targets offering the milk in different forms, for example, entire milk, sans fat, chocolate, and diminished fat renditions. The choice of creating this item came up when the Coca-Cola Company understood that the deals of carbonated beverages kept on declining in the United States. The main issue it expected to address is the decrease in deals of its unique item. Another issue is planned for tending to is the way that it is delivered when the majority of the customers are fixated on all items protein. As indicated by explore by NPD Group look into firm, around 71% of the buyers state that they need a greater amount of the proteins in their eating routine. 3) Analyze a portion of the key (full scale as well as miniaturized scale) ENVIRONMENTAL FACTORS that brought about Coca-Cola propelling this new item. Note: for this, you should peruse the part that manages the advertising condition. Steve Jones, who is the CEO of Fairlife, made a solid contention when he demanded that however Coca-Cola fills the role of appropriating the milk, it doesn't play any job in the genuine creation of the milk and that it has nothing to be associated with what happens on the dairy ranches. He includes that individuals who have been alluding to it as Coke Milk ought not since it is really not. The sole employment of Coke, as indicated by him, is the conveyance of the milk and ensuring that the milk is on the rack. The market examination and condition for the Coca-Cola’s Fairlife item appear to be some way or another preferring while somewhat it isn't such a great amount on their side. The open door for the organization in the wake of thinking of this item is they have constrained rivalry since this is a strange segment. Once more, having a decent brand name internationally, Coke hopes to sell its milk item everywhere throughout the world thatâ will, thus, favor the development.

Family Therapy for Troubled Teens

Family Therapy for Troubled Teens Theories Behavioral Psychology Print Family Therapy for Troubled Teens By Kathryn Rudlin, LCSW Updated on February 03, 2020 Bruce Ayres / Getty Images More in Theories Behavioral Psychology Cognitive Psychology Developmental Psychology Personality Psychology Social Psychology Biological Psychology Psychosocial Psychology In dealing with a troubled teen, parents may disagree about what is causing the problems or how to respond. Siblings often resent the increased focus on the teen whos having issues. Family therapy is proven to be an effective way to help the troubled teen and their family. Why Choose Family Therapy? Our families and their individual dynamics have a profound and lifelong impact on us. They are like their whole own social system, and certainly, along with peers, the most important influence. Involving the entire family in therapy for a troubled teenager can help deal with issues between family members, show the family how to relate to and support the teen, help each family member learn to change unhealthy reactions to each other and help everyone learn effective communication skills. Research continues to clearly show that family therapy is an effective treatment and that it has the power to quickly identify problem areas. Finding a Family Therapist Get specific therapist referrals from informed sources, including friends whove participated in family therapy, health care professionals, insurance companies, clergy, employee assistance programs and/or  professional organizations.  Make sure the therapist has specialized training in family therapy, and specifically in helping teens, such as a licensed clinical social worker or marriage and family therapist.  For family therapy to be effective, the therapist needs to be a good fit with the family, someone who is perceived as knowledgeable, helpful and able to engage your teen to talk openly. If this is not the case, ask the therapist for referrals to other therapists who may be a better fit.  ? Getting Family Members to Agree to Participate Explain to all family members that their participation is needed in order to help and support your teen. Provide reassurance that therapy will take place in a safe environment.  Ask each family member to commit to participating in an initial session, after which each person can decide whether to continue. A good therapist will work with all family members in the first session to gain their cooperation and continued participation. Preparing for the First Session Be prepared to answer the primary question that will be asked by the therapist, “What do you want to change?” Talk to other family members, especially your teenager, about their answers to this question as well. You also might want to make notes about when your teens troubling behavior started and any contributing factors you are aware of. Make a list of  questions for the therapist such as: What is your approach to working with families and why does it work?How long will it take to start seeing changes?What kind of success rate do you have?What can each of us do to help make this a positive experience?   Studies have shown that therapy is especially effective when the therapist uses a combination of approaches from different schools of psychotherapy based on the familys individual needs rather than just focusing on one approach. How Long Will Therapy Take? Typically, family therapy lasts two to six months, but it depends on each individual familys needs. Tougher cases may take longer.

The Enron Scandal - 854 Words

The Enron Scandal Background Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,000 staff and was one of the world s leading electricity, natural gas, communications, and pulp and paper companies, with claimed revenues of nearly $101 billion in 2000.[1] Fortune named Enron America s Most Innovative Company for six consecutive years. At the end of 2001, it was revealed that its reported financial condition was sustained substantially by institutionalized, systematic, and creatively planned accounting fraud, known as the Enron scandal. Financial Frauds Enron’s downfall is basically the accumulated effect of its†¦show more content†¦Mark-to-Market Accounting Mark-to-market accounting requires that once a long-term contract was signed, income was estimated as the present value of net future cash flows. Often, the viability of these contracts and their related costs were difficult to judge. Due to the large discrepancies of attempting to match profits and cash, investors were typically given false or misleading reports. While using the method, income from projects could be recorded, although they might not have ever received the money, and in turn increasing financial earnings on the books Because of these utilization of aggressive revenue recognition and mark-to-market accounting , Enron s revenues increased by more than 750% between 1996 to 2000, rising from $13.3 billion in 1996 to $100.8 billion in 2000. This extensive expansion of 65% per year was unprecedented in any industry, including the energy industry which typically considered growth of 2–3% per year to be respectable. For just the first nine months of 2001, Enron reported $138.7 billion in revenues, which placed the company at the sixth position on the Fortune Global 500. Special Purpose Entities Enron used special purpose entities—limited partnerships or companies created to fulfill a temporary or specific purpose—to fund or manage risks associated with specific assets. The company elected to disclose minimal details on its use ofShow MoreRelatedEnron And The Enron Scandal847 Words   |  4 PagesThe Enron scandal, discovered in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based mostly in Houston, Texas, and also the dissolution of Arthur Andersen, that was one amongst the 5 largest audit and accounting partnerships within the world. Additionally, to being the most important bankruptcy reorganization in American history at that point, Enron without doubt is the biggest audit failure. it s ever the foremost notable company within theRead MoreEnron Scandal2929 Words   |  12 PagesLaw and Management Book Review Enron, Titanic and The Perfect Storm - Nancy B. Rapoport Student No: 0834172 Word Count: 1500 1 CILM Book Review 0834172 Two years after Enron filed for bankruptcy in 2001, Nancy b. Rapoport wrote this essay expressing her unique perspective on the real cause of Enron’s demise. This essay catches the reader’s attention instantly, because unlike abundant other articles written on the biggest corporate scandal in American history, the author here rejectsRead MoreEnron Scandal1844 Words   |  8 Pagesï » ¿THE ENRON SCANDAL FACTS OF THE CASE Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Enron s predecessor was the Northern Natural Gas Company, which was formed during 1932, in Omaha, Nebraska. It was reorganized during 1979 as the main subsidiary of a holding company, Inter-North which was a diversified energy and energy related products company. During 1985, it bought the smaller and less diversified Houston Natural Gas company. EmployedRead MoreEnron Scandal9449 Words   |  38 PagesThe Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based in Houston, Texas, and the de facto dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world. In addition to being the largest bankruptcy reorganization in American history at that time, Enron was attributed as the biggest audit failure.[1] Enron was formed in 1985 by Kenneth Lay after merging Houston NaturalRead MoreEnron Scandal Of Enron Corporation Essay1145 Words   |  5 PagesIntroduction Enron scandal which aroused in 2001 was one of the most famous events in the area of fraud audit. As the auditor company of Enron, Arthur Andersen failed to prepare true and fair auditing reports. They both suffered lethal loss at that time. The following paragraphs will discuss this fraud event, including the organization history, the organization’s event, the fraud issue in the event, the consequence of the main stakeholders, auditors in the event and their roles, and the current situationRead MoreThe Enron Scandal Of A Company1193 Words   |  5 Pageswell. What if this company falsifies their records and in a couple of days the company and its stock value go from $90 per share to just a penny per share. You lose your money just because a company cheated and stole your money. This is what the Enron scandal did to thousands of people. It could have been stopped if more forensic accountants in the world are checking on the companies. This way they don’t lie about their stock value. Forensic accountants are in charge of checking business financial recordsRead MoreEnron Accounting Scandal1096 Words   |  5 PagesEnron was originally a pipeline company in Houston, Texas in 1985. Enron became a company that was able to profit by providing deliveries of gas to utility companies and businesses. As the deregulation of electric power rose, Enron diversified the business and entered into an energy broker, which traded electricity and other types of commodities. Enron employed several highly qualified PHDs in mathematics, physics, and economics. Enron continued to enter into contracts with customers and utilizedRead MoreThe Enron Corporation Scandal 1791 Words   |  7 PagesIDENTIFY THE ACCOUNTING PRACTICES THAT WERE ASSOCIATED WITH THE ACCOUNTING SCANDAL. The Enron Corporation failures made world headlines for many reasons ranging from greed from its executives, the alleged malpractice and criminal behaviours, and its quick and disastrous collapse. The most critical factor in Enron’s melt down was the use of creative and manipulative accounting practices to distort reported proï ¬ tability and indebtedness that befell the corporation (A. Holt and T. Eccles, 2002) TheRead MoreThe Enron Scandal Essay619 Words   |  3 PagesThe Enron Scandal In a front-page article with no less than four by-lines (7/03, Enron Triggers a Slew of Proposed Fixes But What Will Stick? by Steve Liesman et al.), The Wall Street Journal reports, As more than 10 congressional committees pursue inquiries, 32 Enron-related bills have been introduced to address ills ranging from auditor conflicts of interest to the scams of an unregulated derivatives market. The Securities and Exchange Commission pledges to reform accounting rules, getRead MoreThe Enron Scandal Of The United States1855 Words   |  8 PagesThe Enron Scandal is still viewed today as one of the largest corporate bankruptcies in history. The greed that spilled throughout the organization started with gradual disregard for basic accounting principles. Initiated by small discrepancies in the company financial system became extreme financial crimes that left many without jobs and many investors penniless. The Enron scandal led to legislation that tightened restrictions on accounting prac tices in the U.S. requiring more strict compliance

The War With Mexican American War - 1328 Words

The war with Mexico is long remembered as an episode, and by no means is it an unimportant one. With the events that led up to its happening, from the Manifest Destiny to the disputes on territory, it has severely marked the United States. American historians regard the Mexican-American war as â€Å"the foulest blot on our national honor†. (sfmuseum.org) Unethical actions were taken gain Mexican territory. Polk and his hunger for land drove him to find some devious way to fight a war with Mexico. His belligerent attitude in regard to this war was the â€Å"foulest blot on our national honor.† However, as one studies the events that led to it, was it an unprovoked act of aggression? Or did the US unjustifiably lure Mexico into one of the bloodiest wars on American soil? The O’Sullivan article on Manifest Destiny sparked an initial interest amongst the American people. The idea that it was the United States’ destiny to expand across the continent became an ardent hope. America had a strong Christian belief that God had intended this for the country. The need for more land became vital as an increasing amount of immigrants flocked to the country each year. As the US gained more land, they steadily began to approach the western part of the continent. At the time, the United States was half of what it is now. The other half was owned by a country that would soon be forced into a two year war. Mexico was once a country half the size of the US. It stretched, as one could say, from coast toShow MoreRelatedThe Mexican American War Essay1223 Words   |  5 PagesUnited States of America has been through many wars, wars concerning many things such as land oil, pride and respect. However, when the United States went to war with Mexico, it was planned over greed. The Mexican- American war was a war provoked by the United States, in efforts to expand the coasts of the country. Mexico was a small under privileged country who had previously to the war had already lost part of their country (Texas). Needless to say this war was cut throat and violent, it was howeverRead MoreThe Mexican-American War Essay870 Words   |  4 Pagesdisregard for the toll a war can take on human lives. When the Alamo was fought back in February 1836, it was about the independence of Texas from Mexico. In retaliation of the death and destruction of human life, Sam Houston retaliated in April and killed 6 30 Mexican soldiers and took General Santa Anna prisoner (Tindall Shi, 2010). This was the start of the independence of Texas and the quest for annexation into the United States, which ultimately led to the Mexican-American War of 1846-1848. ThisRead MoreEssay on The Mexican-American War1466 Words   |  6 PagesThe Mexican-American war determined the destiny of the United States of America, it determined whether or not it would become a world power and it established the size of the United States of America. Perhaps the war was inevitable due to the idea of Manifest Destiny - Americans thought they had the divine right to extend their territory. The Mexican-American War started mainly because of the annexation of the Republic of Texas (established in 1836 after breaking away from Mexico). The United StatesRead MoreEssay The Mexican-American War1216 Words   |  5 PagesThe Mexican-American War. The Mexican-American war was a process of years of battles between the Mexicans and Americans but I think after this informational paper, you’ll seem to know a little bit more knowledge about it. How it all started, well in the beginning, the Americans and Mexicans both wanted to control Texas, but at the time it was a part of the Mexican territory, well soon enough Americans wanted control over it so badly that they started to travel into Texas’s land. Part of the reasonRead MoreCause Of The Mexican American War1864 Words   |  8 PagesThe Mexican-American war, also known as the Mexican war happened between 1846 and 1848 with the participants being United States of America and Mexico. Texas, previously a Mexican state, was the primary cause of the war. A series of disagreements had occurred between Texans and the Mexican government leading to Texas declaration of its independence in 1836. Later, Texas decided to join the United States as the 28th state and this infu riated Mexico. Additionally, border disagreements came up withRead MoreThe American Army in the Mexican War1085 Words   |  5 Pagesrepel invasions. This two level arrangement formed the basis of military establishment during the war. The U.S. army was not prepared for the war. The congress authorized 8613 men and officers for the war but, the actual number was fewer than 5500. Many regimental commanders entered before the War of 1812 but, were too elderly and infirm for an active duty. Looking at the poor state of army during the war, the Congress increased the number of private individual companies to hundred. This turned outRead MoreMexican American War Essay4448 Words   |  18 PagesIntroduction/Background The Mexican American War began on April 25, 1846. The war lasted two years losing many men on both sides. The Mexican war was the third major fought by the United States. In 1810, Miguel Hidalgo y Costilla triggers the beginning of Mexico’s fight for independence from Spain. Mexico gained its independence in 1821 after a long and bloody revolution against Spain. For Mexico, the war between them and the United States was a fight to keep their institutions and national integrityRead MoreCompare and contrast the War of 1812 and the Mexican-American War.1456 Words   |  6 PagesThe War of 1812 and the Mexican-American War are two wars that physically appear two opposites. The War of 1812 involves plenty of naval battles and a few major land battles, while the Mexican-American War involves numerous land battles and few, if any, naval battles. However there are numerous similarities. The War of 1812, The US saw Great Britain as a major problem because of their definition of contraband and the impressment of American sailors into the British Navy. And around this time theRead MorePolitical Outcomes of the Mexican-American War2030 Words   |  9 PagesPolitical Outcomes of the Mexican – American War Post the Mexican – American War in 1846, there would be a plethora of political change that would be inevitable for the Mexicans, and the Americans. These changes would bring about a divide between the two countries that would keep them in a rivalry spanning over numerous decades. However, before this rivalry could occur, something would be needed to induce it. The Mexicans and the Americans would fight against each other for over a year until aRead MoreEssay about The Mexican War as an Exercise in American Imperialism1152 Words   |  5 PagesThe Mexican War as an Exercise in American Imperialism The US government believed firmly in the doctrine of Manifest destiny, the government argued that they had the right and duty to expand through North American because it was necessary and inevitable. During the 19th century Mexico dominated a large amount of North America which was inhabited by American settlers and the American government aimed to expand the USA from the Atlantic Ocean to the Pacific Ocean and were

External or Internal Disaster in Organization Free Essays

Different Business is affected by internal and external factors. These aspects have significant influences on the way business organisations are operating. One of these is the so-called disasters in an organization. We will write a custom essay sample on External or Internal Disaster in Organization or any similar topic only for you Order Now Disasters may be considered as external if the forces happens from the external environment of the organization, like globalization, global financial crisis, technological changes and others while internet disasters are those that happens inside the organization like failure to provide quality service, inability to market the products and service well, inability to handle risks which affects the overall performance of the organization. Primarily, the goal of this paper is to consider an internal disaster from one of the most controversial organizations in the market, i. . the case of Enron. Internal Disaster Aforementioned, one of the most talked-about issues and disasters in the industry is the auditing as well as accounting failure of Enron. It is considered as the largest bankruptcy and stock collapse (Fox 2003). Before the company faced this issue, Enron has been considered as a major American energy industry. The events or disasters that resulted to the bankruptcy and collapse started long before anyone had suspected fraud and anomalies at the industry. In this disaster, two names have been noted: Arthur Andersen and Enron. One of the disasters that challenged the company is the inability of the management to anticipate the wrongdoings of Arthur Andersen. The disasters are centered in auditing aspects just before Enron filed bankruptcy. For example in 1996, Andersen’s audit report regarding Waste Management finances were discovered to be irrelevant and materially false that results in inflation of Income of the company by over $1 billion in the middle period of the 1990s. On the other hand, in 1997, it has been found out by the SEC that Sunbean has used accounting tricks to create false profits and sales and Andersen’s role in this disaster is that he signed-off these financial reports event after an industry partner flagged them. Herein, the company faced major disaster of partnering or hiring an auditing and consulting industries which is distrustful and irresponsible. Although the company has not been aware, Enron still has some plans to prevent such issue. However, the initiative of the company when it comes to their financial audit has been very weak that it leads to their major bankruptcy. To be able to solve this kind of disaster, Enron management has provided disaster plans by identifying the root f the issue. After knowing the problem about Arthur Andersen, the management immediately seeks third party assistance to clear the issue by making Andersen pay for the scandals and anomalies he has done. On one hand, another disaster faced by the company is in line with the inefficient and strategic decision making approach and also having ambiguous and vague firm economic and practice aims. Although Enron has some management plan, the company has not been able to execute this plan well. For instance, The CEO of Enron had various product plans which needed major financial support; the organization during that period was also going through major disasters in their international businesses. In addition, it was not until Enron was financially unstable did the company starts to do something. So as to resolve this kind of disaster, the organization implemented different approaches. However, the strategy of the company only went from one major disaster of loss to the other. Because of the failure of the management of the organization to have strategic decision making, this lead to major disaster of investments and partnerships, the organization’s growth slowed down . As a result more of its inabilities and failures had grown more apparent (Zellner et al. 2001). Bankruptcy and various cases against the company had resulted to their bankruptcy. In addition, various employees of the organization had lost their college funds, life savings, and pensions along with the collapse of the company. Herein, it can be said that the management of Enron must be able to have strategic decision making for the future to continuously sustain the strength of the company. In order to solve this disaster, the organization has been able to initiate a proper and strategic decision-making of the company. Herein, the company’s decision should be made made strategically by identifying first the pros and cons of the decision that they made. The management sees to it that everybody should agree to the decision so that further conflict or risks within the company would not arise. Good decision making can be attributed as one of the vital factors that will help the business to achieve its core mission and objective. This alternative is helpful in a way that it can make the company more competitive and survive in the marketing environment. Conclusion There are many lessons that can be learned from the case of Enron and Arthur Andersen. It can be concluded that, based on the case of Enron, it is important that every individual in the business field should know how to manage or to handle disasters, specifically internal disasters in order for the business to achieve success and to be able to managed it effectively. In our case, it is important that the lessons learned from Enron and Arthur Andersen scandal should serve as enlightenment in making an efficient risk management manual How to cite External or Internal Disaster in Organization, Papers

The Business Proposal Global Hotel Tourism Essay Example

The Business Proposal Global Hotel Tourism Essay This concern undertaking recommends the building of a Swimming Pool for Global Hotel plc Lagos, Nigeria. This swimming pool when built will assist the company to non merely bring forth an one-year gross N3,480,000 but will assist the administration to retain its present clients and besides increase the Numberss of suites booked from 20 to about 30 suites per twenty-four hours. The addition in suites is expected to increase on a monthly footing over the following old ages Apart from the benefits of extra income, addition in client s backing and the rise in suites booked, the building of this swimming pool will besides assist to heighten the hotels evaluation from a 4- Star to a 5-Star hotel which could be used as a footing for increased criterions and monetary value to clients. The mark clients of this concern venture are both the present and the possible clients of the hotel. They are normally the middle-class people in and around Lagos State. The undertaking is estimated to be N2, 000,000 and will be constructed in two months. On the other manus, this undertaking could bring forth a net income of N1, 480,000 in one twelvemonth. We will write a custom essay sample on The Business Proposal Global Hotel Tourism specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Business Proposal Global Hotel Tourism specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Business Proposal Global Hotel Tourism specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Since the concern assessment method used by the company is the Payback Period ( PBP ) , it will take the company 1 twelvemonth to reimburse its initial investing capital. Alternate concern chance The concern proposal considers the building of assorted forms and sizes of the Swimming Pool and its associated cost and benefit. The forms are Square-shaped N2, 800,000, Egg-shaped ( N2, 000,000 ) , Circular-shaped ( N3, 000,000 ) and the Rectangular-shaped ( N1, 800,000 ) . After a proper consideration, The Egg-shaped pool is proposed because it is more stylish and will set the company in a competitory border over its challengers. This is because all its rivals have either the square or rectangular-shaped pool which is no longer stylish. 1.2. LITERATURE REVIEW Harmonizing to the World Tourism Organisation ( WTO ) , Tourism is one of the top five export classs for every bit many as 83 per cent of states and is the chief beginning of foreign exchange net incomes for at least 38 per cent of states. Tax grosss from touristry are both direct and indirect. Direct revenue enhancement grosss are generated from the incomes earned by concerns and workers. Indirect revenue enhancements are responsibilities levied on goods and services purchased by tourers. The World Travel and Tourism Council estimates that revenue enhancement parts related to tourism global were over $ 800 billion in 2007. Tourism is a monopolistically competitory industry. It has many comparatively little endeavors bring forthing somewhat differentiated merchandises and services. Barriers to entry and issue are comparatively low. Harmonizing to Prof. Ajaola ( 2008, P.6 ) , the hotel and touristry industry in Nigeria still remained comparatively untapped . This means that there is a immense market in this industry. The hotel industry provides enormous chance for comparatively little concerns to boom and is a taking generator of occupations. The hotel adjustment sector entirely provided around 18.3 million occupations world-wide in 2005, harmonizing to the United Nations Environmental Programme ( UNEP ) . In an progressively competitory industry it is indispensable to bring forth new and advanced thoughts to distinguish a merchandise from others of the same nature ( Taylor, 2009 ) . Hotels can remain or leap in front of their rivals, without needfully incurring great disbursal, but by taking originative advantage of every chance and if Global hotels most win it must be at the head of invention. The building of this swimming pool is necessitated by the demand by the company to remain in front of invention and to make value service and experience to their legion clients from all plants of life. 1.3. Market ANAYSIS Lagos is Nigeria s most thickly settled province with stopping point to 18 million people ( National Population Commission, Nigeria ( 2009, P.12 ) . As a major transit hub with an international and local airdrome, Lagos is unambiguously placed to profit from tourer reachings into Nigeria. The presence of sea ports and major international route gateways of course place Lagos at an advantage for being the first point of call for approximately 68 % reachings into Nigeria ( the functionary web site of the Lagos State Government, Nigeria ) . Although Lagos province is the smallest province in Nigeria, with an country of 356,861 hectares of which 75,755 hectares are wetlands, yet it has the highest population, which is over five per cent of the national estimation ( Tradeinvestnigeria, 2007: P.2 ) . A The province has a population of 17 million out of a national estimation of 150 million. The UN estimates that at its present growing rate, Lagos province will be 3rd largest mega metropolis in the universe by Y2015 after Tokyo in Japan and Bombay in India. A Of this population, Metropolitan Lagos, an country covering 37 % of the land country of Lagos State is place to over 85 % of the State population. ( Lagos State Population Commission ) A The rate of population growing is about 600,000 per annum with a population denseness of about 4,193 individuals per sq. kilometer. In the built-up countries of Metropolitan Lagos, the mean denseness is over 20,000 individuals per square kilometer. Current demographic tendency analysis revealed that the State population growing rate of 8 % has resulted in its capturing of 36.8 % of Nigeria s urban population. World Bank, 1996 ) estimation at 49.8 million people of the state s over 140 million population. The deduction is that whereas state population growing is 4/5 % and planetary 2 % , Lagos population is turning 10 times faster than New York and Los Angeles with sedate deduction for urban sustainability.A A The gross estimation from the hotel industry by the Lagos State Government rose from about 78m Naira in 2007 to 150m Naira in 2010 ( Adetola, 2010 ) . The population backed by the inflow of people from all over the universe to this great metropolis means that there is a immense market in this industry. Besides, with the cheery nature of the metropolis and the tourer Centre like National Art Theatre Iganmu, Lagos Central Mosque, Slave Port Badagry, Glover Memorial Hall, First Storey Building in Nigeria, Slave Jetty Badagry, Early Missionary Cemetary, Canon Gun, Instrument of Slave Abolition A ; War, Slave Market Badagry, Christ Cathedral CMS, Tafawa Balewa Square ( Alade, Places to see in Lagos, 2010, p.13 ) , the building of this Pool will be a feasible and profitable thought. 1.4. Undertaking BENEFIT This undertaking when approved and executed will convey the undermentioned benefits to the company. 1. This undertaking will assist to hike the company s image among its clients and rivals and will decidedly take to increased gross revenues and net income. 2. This undertaking will assist the company to use the room s capacity from 20rooms to 40rooms which is about a 100 per centum addition 3. It will bring forth income from both the swimming pool and besides from the backing that it will pull to the suites. 4. It will besides cut down the cost of operation of the hotel as the fixed cost will be spread across to the swimming pool. Fixed cost like the cost of running the works and others. 5. It will guarantee that staffs are to the full utilised because the swimming pool will cut down the sum of idle clip. This once more can be seen from the fact that the workers like the room cleaners, laundry staffs and hotel attenders frequently stay idle after go toing to a limited figure of clients. This venture will therefore guarantee that the hotels workers are to the full engaged. 2.1. Undertaking RESOURCES Undertaking cost The undertaking s cost is as follows COST ITEM COST ( N ) Construction cost- 1, 300,000 Maintenance- 210, 000 ( 17,500/month ) Wages 432, 000 ( 3 workers/144,000 per one-year ) Gross saless advert 30,000 ( 3 Calendar months ) Other cost 28,000 Entire 2,000,000 Depreciation- 12 % per one-year Undertaking gross Gross point Revenue ( N ) Swiming Pool 1,620,000 ( 135000/month ) @ 15 customers/day Drinks: Liquors 288,000 ( 300 bottle/month @ ( N ) 80 ) Mineral 72,000 ( 150 bottles/month @ ( N ) 40 ) Suites 1,500,000 ( 600 customers/month @ 5000 ) Entire Revenue 3,480,000 Estimated net income = N1, 480,000 Fiscal analysis Since the company uses the Payback Period in measuring its undertakings, below is an analysis of the viability of this undertaking. It is expected that gross will increase yearly by 50 % . Year Revenue ( N ( 1000000s ) Cost N ( 1000000s ) PBP 1 3,480 2,000 1 year 2 5,220 2,400 3 7,830 2,880 Beginning of finance and other resources Finance Harmonizing to Brigham ( 2005 ) , Finance is the lifeblood and nervus Centre of a concern, merely as circulation of blood is indispensable in the human organic structure for keeping life ; finance is a really indispensable to smooth running of the concern. It has been justly termed as cosmopolitan lubricator that keeps the endeavor moral force. No concern, whether large, medium or little can be started without an equal sum of finance. Although there are different beginnings of finance available to the company e.g. bank loan, net income, divestment, creditors etc, this undertaking will be financed with the companies retained net incomes and will assist cut down the load of holding to pay involvement if the company decides to finance the undertaking with bank loan of approximately 20 % one-year involvement or other beginnings that have strings attached to them. Forces A good figure of concerns fail non because of deficiency of fundss but because they fail to prosecute the right workers ( Walker, 1980 ) . The success or failure of any administration is mostly determined by the quality of its work force. The direct and indirect cost of bad enlisting is serious. A individual placed in an unsuitable work is an unsuitable work is either unable to make the needed criterion of public presentation or is working under psychological strain. The building of the pool will intend that three ( 3 ) extra staffs will be engaged by Global Hotels and because there are limited Numberss of staffs in the company to enroll from internally, the workers will be recruited externally. The vacancies will be posted on the company s web site and other occupation sites which are normally free and will give the same consequence as paid advert. After the advert has be made and the right applier has been chosen, the other facet will be to prosecute the workers but they can non be engaged if they are non adequately trained. Training demands will be identified and the hotel director will guarantee that the right preparation plan is designed for the new workers to be trained. Although there are different developing techniques like talks, coaching, instance survey method simulation etc, the company will utilize the initiation as a agency of developing the chosen workers because they do non necessitate a specialized preparation that will affect much of the company s resources. Construction Company The company that will be selected will be able to run into the company s specification and deadline because incorrect design and the extension of the deadline will non intend good to the company. 2.2. Selling Scheme A selling scheme is a program that is developed with the end to market a specific thought or merchandise to certain people Kotler, ( 1980 ) . You have to make a great selling scheme in order to be successful with your thought or merchandises. Harmonizing to Porter, ( 1998 ) , there are three generic schemes available to a company-focus, cost leading and a discriminator and because the hotel industry is a monopolist competitory industry and there is a low entry and issue barriers, the propose scheme to Global Hotels will be the merchandise distinction scheme. The ground is that to win a big sum of clients in such an industry, a company will necessitate to merchandise different but similar merchandises and services to derive a immense market. The ground for taking the elliptic swimming pool is to pull client who normally are really witting of new and modern merchandises. Since the best form of the merchandise has been identified and the discriminator in usage, the following measure will be to make consciousness to the clients of the company s advanced merchandise. Although there are different options available for the company to make its possible clients, the best pick will be to utilize the telecasting medium. The ground for this pick is because of the fact that the mark clients are concern and extremely placed persons in the society who loves listening to the intelligence. The paid advertizement will be done at 7am and autopsy for three months. 2.3. Undertaking ASSUMPTIONS It is assumed that the addition in the Lagos State Government s gross projection means that there will be increased activity in the touristry industry for the coming twelvemonth thereby taking to an addition in clients to the company. It is besides assumed that of the mean client of 20 per twenty-four hours, at least 10 will act upon their friends or co-worker to sponsor Global Hotels Ltd every month. 2.4. Undertaking DESCRIPTION This undertaking which is the building of a Swimming Pool will be carried out by either of these companies whose proposals will be considered and one eventually chosen. The Hotel director shall oversee on a day-to-day footing the advancement of the undertaking. The Pool will be manned by one Staff who must be really good at swimming and will be made to remain by the side of the pool to supervise clients and deliverance any client who wants to submerge. Two Pool Attendant staffs will be employed to function clients need at the pool. These Three staffs shall besides be responsible for the general care of the pool. 3.1. Undertaking IMPLIMENTATION Plan Below is a table demoing the undertaking execution program for the building of the swimming pool by Global Hotels. The event day of the months, the event itself every bit good as the event account will be used to explicate the different events. No. Events day of the month Event Event Explanation 1 03-04-10 Construction Proposals The undertaking proposals will be sent to a figure of building companies. The ground for this is to choose from the list of interested companies the company that will be able to transport out the building of the swimming pool in the most cost effectual manner and meets with Global Hotels undertaking specification. Besides, the proposals will be considered based on the company that will finish the undertaking in the specified clip frame which is in two moths 2 30-04-10 Company chosen At this phase, among the list of companies that has shown involvement will be evaluated based on their path record. Then chosen company will be notified and asked to get down work. 3 14-05-10 Initial Project start-up capital provided Immediately after the right company has been chosen, initial mobilization fund of 30 % will be paid to the building company. This is to enable the company start work directly off. 4 28-05-10 Beginning of building After the mobilisation finance has been provided to the company, the following event will be to let the company two hebdomads to mobilise and convey in the necessary equipment and stuffs needed to make the occupation. This would hold been done before this day of the month and the occupation is expected to get down on this day of the month. 5 28-05-10 Undertaking monitoring and control To guarantee that the undertaking meets with the specification and is under agenda, the hotel director will be instructed to transport out a day-to-day supervision/ appraisal of the undertaking s advancement and study to the undertaking applied scientist to do necessary amendments in instance of divergences. 6 28-06-10 Placement of enlisting advert Since the undertaking is expected to complete by 6, June there is demand to get down pulling the right quality of staffs that will be needed to adult male both the swimming pool and to function as service staffs ( servers ) . 7 30-07-10 Appraisal and Concluding payments made-project completion The following phase will be the concluding appraisal of the undertaking after its completion and payments to the building company. This payment will merely be made after the undertaking has been weigh up and fund to hold met the agreed specification and design. 8 02-08-10 Invitation and choice of workers At this phase the right pool of appliers will be invited for interview and the right campaigner selected for the occupation. And since this is a new country of concern to the company, experience custodies will merely be engaged particularly the pool attendant staff who must be a good swimmer and savior. The right campaigner will be notified instantly and asked to get down work the undermentioned hebdomad. 9 09-08-10 Beginning of operation Immediately after the undertaking is completed and the right staffs selected, the following logical thing to make will be to get down operation by the official gap of the swimming pool to the public-customers. 10 09-08-10 Advert arrangement To guarantee that possible clients are cognizant of the company s new merchandise and to pull would-customers advert will instantly fellow and will be done utilizing the television-news hours as the right medium to make the mark market. 11 09-09-10 Undertaking rating The first month after the completion of the undertaking is a good clip to get down measuring the success of the venture. The undertaking will be evaluated to cognize if it has lead to an addition in room demand, client s sentiment on the new merchandise, and the entire profitableness of the undertaking utilizing the expected income as a footing for measuring the undertaking s success. 3.2. Undertaking Monitoring AND EVALUATION OF SUCCESS Although there are assorted techniques for monitoring and commanding a undertakings success, the earned value Analysis will be used to supervise the advancement of this venture from the beginning of the undertaking to the terminal. Besides the gross from the venture will be monitored to measure the undertaking s profitableness whether or non it meets with the company s forecasted net income. The Hotel Manager will besides supervise the cost of care of the pool every bit good the public presentation of the freshly employed workers to guarantee that the profitableness and standard aims are non compromised. Since an addition in cost of care and a lessening from gross will be unacceptable, the director will supervise the cost and guarantee that it does non travel beyond the estimated value. 4.1. Decision

Free Essays on Rastafarianism

I. Group Profile 1. Name: Rastafarians, Rastas, or Ras Tafarians 1 2. Founder: Tafari Makonnen, pre-coronation title of His Imperial Majesty Emperor Haile Selassie I of Ethiopia. However, Selassie was more the embodiment of the Rasta faith than the actual founder of the religion. In actuality, he was known to have been devoted to Ethiopian Orthodox faith, which is more Christian-based in its theology. 2 3. Date of Birth: 1892 4. Birth Place: Harer, Ethiopia 5. Year Founded: approximately 19303 6. Sacred or Revered Texts: Certain sections of the Holy Bible are considered sacred, however the Rastafarians believe that some aspects of the Bible were changed by "Babylon," which has come to represent the white power structure. To greater represent the truth, Rastafarians reject the Bible used by most Christians, opting instead for a "black man's Bible," known as the Holy Piby. 4 Also, Rastafarians give special significance to the Ethiopian Holy Book, the Kebra Negast. 7. Cult or Sect: Negative sentiments are typically implied when the concepts "cult" and "sect" are employed in popular discourse. Since the Religious Movements Homepage seeks to promote religious tolerance and appreciation of the positive benefits of pluralism and religious diversity in human cultures, we encourage the use of alternative concepts that do not carry implicit negative stereotypes. For a more detailed discussion of both scholarly and popular usage of the concepts "cult" and "sect," please visit our Conceptualizing "Cult" and "Sect" page, where you will find additional links to related issues. 8. Size of Group and Member Characteristics: There are between 3,000 and 5,000 Rastafarians in the United States. However, these figures may be slighly distorted as a result of the large number of people who have adopted the external appearance of Rastafarians. 5 Worldwide, the total following is approximately 1,000,000 people.6 Most members are male. Tradit... Free Essays on Rastafarianism Free Essays on Rastafarianism I. Group Profile 1. Name: Rastafarians, Rastas, or Ras Tafarians 1 2. Founder: Tafari Makonnen, pre-coronation title of His Imperial Majesty Emperor Haile Selassie I of Ethiopia. However, Selassie was more the embodiment of the Rasta faith than the actual founder of the religion. In actuality, he was known to have been devoted to Ethiopian Orthodox faith, which is more Christian-based in its theology. 2 3. Date of Birth: 1892 4. Birth Place: Harer, Ethiopia 5. Year Founded: approximately 19303 6. Sacred or Revered Texts: Certain sections of the Holy Bible are considered sacred, however the Rastafarians believe that some aspects of the Bible were changed by "Babylon," which has come to represent the white power structure. To greater represent the truth, Rastafarians reject the Bible used by most Christians, opting instead for a "black man's Bible," known as the Holy Piby. 4 Also, Rastafarians give special significance to the Ethiopian Holy Book, the Kebra Negast. 7. Cult or Sect: Negative sentiments are typically implied when the concepts "cult" and "sect" are employed in popular discourse. Since the Religious Movements Homepage seeks to promote religious tolerance and appreciation of the positive benefits of pluralism and religious diversity in human cultures, we encourage the use of alternative concepts that do not carry implicit negative stereotypes. For a more detailed discussion of both scholarly and popular usage of the concepts "cult" and "sect," please visit our Conceptualizing "Cult" and "Sect" page, where you will find additional links to related issues. 8. Size of Group and Member Characteristics: There are between 3,000 and 5,000 Rastafarians in the United States. However, these figures may be slighly distorted as a result of the large number of people who have adopted the external appearance of Rastafarians. 5 Worldwide, the total following is approximately 1,000,000 people.6 Most members are male. Tradit...

Exercise, College Grades, and Graduation Rates

Exercise, College Grades, and Graduation Rates You already know that regular exercise is important for controlling weight and avoiding a variety of health conditions. But it can also improve your academic performance. And, if youre a distance learning student, you may miss out on some of the opportunities for physical activity afforded to more traditional students who routinely walk around campus. But it’s well worth the effort to plan for it schedule exercise into your daily regimen.   Regular Exercisers Have Higher GPAs and Graduation Rates Jim Fitzsimmons, Ed.D, director of Campus Recreation and Wellness at the University of Nevada, Reno, tells ThoughtCo, â€Å"What we know is students who exercise regularly- at least 3 times a week- at an intensity of eight times resting (7.9 METS) graduate at higher rates, and earn, on average, a full GPA point higher than their counterparts who do not exercise.† The study, published in the Journal of Medicine Science in Sports Medicine, defines physical activity as at least 20 minutes of vigorous movement (at least 3 days a week) that produces sweat and heavy breathing, or moderate movement for at least 30 minutes that doesn’t produce sweat and heavy breathing (at least 5 days a week). Think you don’t have time to exercise? Mike McKenzie, PhD, chair of Exercise Physiology Sports Medicine at Winston-Salem State University, and president-elect of the Southeast American College of Sports Medicine, tells ThoughtCo, â€Å"A group led by Dr. Jennifer Flynn investigated this during her time at Saginaw Valley State and found that students who studied over three hours per day were 3.5 times more likely to be exercisers.† And McKenzie says, â€Å"Students with a GPA above 3.5 were 3.2 times more likely to be regular exercisers than those with GPAs under 3.0.† Over a decade ago, McKenzie said researchers discovered a link between exercise, concentration, and focus in children. â€Å"A group at Oregon State led by Dr. Stewart Trost found significantly improved concentration, memory, and behavior in school-aged children compared to kids who had additional lesson time.†Ã‚   More recently, a study by Johnson Johnson Health and Wellness Solutions reveals that even short â€Å"microbursts† of physical activity throughout the day can have positive effects. Jennifer Turgiss, DrPH, vice president of Behavioral Science and Analytics at Johnson Johnson Health and Wellness Solutions, tells ThoughtCo that sitting for long periods of time – which college students are prone to do- can have a negative health effect. â€Å"However, our study found that five-minute bouts of walking every hour had a positive impact on mood, fatigue, and hunger at the end of a day,† Turgiss says.   This may be particularly beneficial to students who also work a full-time job and study in the evening and nighttime hours. â€Å"Having more mental and physical energy at the end of a day that requires a lot of sitting, such as a student’s day, can leave them with more personal resources to do other activities,† Turgiss concludes. So How Does Exercise Improve Academic Performance? In his book, Spark: The Revolutionary New Science of Exercise and the Brain, John Ratey, a Harvard professor of psychiatry, writes, â€Å"Exercise stimulates our gray matter to produce Miracle-Gro for the brain.† A study by researchers at the University of Illinois found that physical activity increased the ability of elementary school students to pay attention, and also increased their academic performance. Exercise lowers stress and anxiety while increasing focus. â€Å"Brain Derived Neurotropic Factor (BDNF) which plays a role in memory is significantly elevated after an intense bout of exercise,† according to Fitzgerald. â€Å"This is a fairly deep subject with both physiologic and psychological factors at play,† he explains. In addition to affecting a student’s cognitive skills, exercise improves academic performance in other ways. Dr. Niket Sonpal, assistant professor at Touro College of Osteopathic Medicine, tells ThoughtCo that exercise causes three human physiology and behavior changes.   1. Exercise Requires Time Management Sonpal believes that students who don’t schedule a time to exercise tend to be unstructured and also don’t schedule time to study. â€Å"That is why gym class in high school was so important; it was practice for the real world,† Sonpal says. â€Å"Scheduling personal workout time forces college students to also schedule study time and this teaches them the importance of block timing, and prioritization of their studies.† 2. Exercise Combats Stress Several studies have proven the link between exercise and stress. â€Å"Vigorous exercise a few times a week reduces your stress levels, and likely reduces cortisol, which is a stress hormone,† Sonpal says. He explains that these reductions are vitally important to college students. â€Å"Stress hormones inhibit memory production and your ability to sleep: two key things needed to score high on exams.†Ã‚   3. Exercise Induces Better Sleep Cardiovascular exercise leads to a better quality of sleep. â€Å"Better sleep means moving your studies from short term to long term memory during REM,† Sonpal says. â€Å"That way, on test day you remember that teeny tiny fact that gets you the scores you need.† It’s tempting to think you’re so busy that you can’t afford to exercise. However, the exact opposite is true: you can’t afford not to exercise. Even in you cant commit to 30-minute sessions, 5- or 10-minute spurts during the course of the day could make a significant difference in your academic performance.

Profile of President Ronald Reagan Essay Example | Topics and Well Written Essays - 1000 words

Profile of President Ronald Reagan - Essay Example During his term as a president, it was commonly known among the staff of white house that he gave effort in reading fan mails and in his own writing sends letters to them. Before Reagan run for the office, he was the president of the Screen Actors Guild. He became involved over the issue of communism in the film industry. His political views shifted from liberal to conservative (www.whitehouse.gov). His skills helped him gain popularity among people and this is evident when he toured the country as a television host, carrying the idealism of conservatism and becoming its spokesman. As a result, he was elected Governor of California and was re-elected in 1970. Reagan became the Republican President in 1980 and he chose former Texas Congressman and United Nations Ambassador George Bush as his running mate. While announcing his run for the presidency, he was able to communicate clearly his vision by saying, â€Å"At the heart of our message should be five simple familiar words. No big economic theories. No sermons on political philosophy. Just five short words: family, work, neighborhood, freedom, peace†. He won 489 electoral votes to 49 for President Jimmy Carter. Reagan took office on January 20, 1981. Only 69 days later, he was shot by a would-be assassin. But before he allowed to be brought to the hospital, he delivered his one-hour speech. And while on the hospital bed before being brought to the operation room, he remarked to the hospital staff, â€Å"Please assure me that you are all Republicans†. He was able to recover quickly and returned to duty. His wit and grace during the dangerous incident cause his popularity to soar. The president was able to deal with Congress and obtained legislation that stimulated economic growth, control inflation, increased employment and strengthen national defense.   In short, he was able to improve the economy of U.S.A. He cut taxes and government expenditures.  

Sikh youth in North America - kirpan-wearing and other legal Essay

Sikh youth in North America - kirpan-wearing and other legal - Essay Example One of the biggest hurdles for these immigrants to overcome has been and still is the toleration of religion. Many people do not understand a culture they have not grown up with. It has been no different for the Sikh people though they too are a monotheistic religion that primarily originated in India (Hawley & Mann 1). The people who practice Sikhism have been discriminated against simply for their beliefs and their traditional dress. In order for cultures to get along while living in the Western civilization, it has become essential for people to understand the Sikh traditions and Sikhism. It has been equally important for the Sikhs to understand the views of the rest of the world. Violence is essentially one of the main reasons that caused Sikhs to migrate. Their Golden Temple Shrine was invaded, people were assassinated, and there was a complete massacre of numerous Sikhs in Delhi, India. The Sikhs wanted to flee for a place of safety. Teachers and students of Sikhism have numerous struggles in order to stay true to their history and tradition, their written religious texts, the beliefs and practices of the religion, and the collective identity of the people as a whole (Hawley & Mann 1). In order for the Sikh to be introduced into academics and to introduce students to the culture and religion, some Sikhs may be stricter while others have become more westernized so life is easier for them. To completely teach the practices and the history behind Sikhism, to do so may be challenging. Hawley and Mann wrote â€Å"Studying the Sikhs: Issues for North America,† in 1993 in order for students and religion teachers to have a format to follow. This is like a guidebook to help lay out what the Sikhs believe, what their culture and history is and many other facts about their symbols and traditions. While the Sikhs have their own perspective, Mann represents the culture, providing

Lewis Carroll Essay -- essays research papers fc

â€Å"Jabberwocky† Lewis Carroll Jabberwocky: Sense or Nonsense 'Twas brillig, and the slithy toves Did gyre and gimble in the wabe; All mimsy were the borogoves, And the mome raths outgrabe. "Beware the Jabberwock, my son The jaws that bite, the claws that catch! Beware the Jubjub bird, and shun The frumious Bandersnatch!" He took his vorpal sword in hand; Long time the manxome foe he sought-- So rested he by the Tumtum tree, And stood awhile in thought. And, as in uffish thought he stood, The Jabberwock, with eyes of flame, Came whiffling through the tulgey wood, And burbied as it came! One, two! One, two! And through and through The vorpal blade went snicker-snack! He left it dead, and with its head He went galumphing back. "And hast thou slain the Jabberwock? Come to my arms, my beamish boy! O frabjous day! Callooh! Callay!" He chortled in his joy. 'Twas brillig, and the slithy toves Did gyre and gimble in the wabe; All mimsy were the borogoves, And the mome raths outgrabe. 1886 Paraphrase In attempting to paraphrase this particular poem it must be considered that it derived from a book written almost purely of nonsense. Many of the words in this poem are the own creation of the author and only he knows the real interpretation. However, some of the words have been described in the book and others in letters by the author. The words of the previous poem are often a combination of two, maybe even three words, all put into one, while others are just nonsense and for the amusement of the reader. All things considered, here is an attempt at a line by line paraphrase of the poem "Jabberwocky". Jabberwocky: Sense or Nonsense It was evening, and the smooth active badgers Were scratching and boring holes in the hill-side; All unhappy were the parrots; And the grave turtles squeaked out Beware of the Jabberwock, my son! Of its jaws that bite, and its claws that catch! Be aware of the Jubjub bird, and shun The fuming and furious Bandersnatch! He took his mighty sword i... ...roll did in his works. Bibliography Blake, Kathleen â€Å"Lewis Carroll.† Dictionary of Literary Biography. Ed. Ira B. Nadel, William E. Fredeman. Rev. Ed. 18 vols. Detroit, Michigan: Gale Research Company, 1983 Carroll, Lewis. Alice in Wonderland. Norton Critical Edition. New York: W.W. Norton and Company, 1992. "Carroll, Lewis," Microsoft ® Encarta ® Online Encyclopedia 2000 http://encarta.msn.com  © 1997-2000 Microsoft Corporation. All rights reserved. Connell, Kate. "Opium as a Possible influence upon Alice Books" 22 Mar 2000. The Victorian Web. <http://landow.stg.brown.edu/victorian/victov.html>. Egoff, Sheila A. "Worlds Within: Children's Fantasy from the Middle Ages to Today. Chicago: American Library Association, 1988. Empson, William. "Alice in Wonderland: The Child as Swain." 1935. World Literature Criticism, 1500 to the Present. Ed. James P. Draper. Vol. 1. Detroit: Gale, 1992. 634-35. Sewell, Elizabeth. The Field of Nonsense London: Chatto and Windus LTD., 1952. Smith, Karen â€Å"Lewis Carroll.† Dictionary Literary Biography. Ed. Meena Khorana. Rev. ed. 163 vols. Detroit, Michigan: Gale Research Inc., 1996

P&G Gillette Merger

P&G-Gillette Introduction On January 28th 2005 P&G agreed to buy Gillette for $57bn (? 30). Gillette was the number 1 in razor accessories and proctor gamble was number 1 in consumer products, a marriage of the best in their respective industries. The merger of the two companies created â€Å"the world’s largest consumer products conglomerate. † Gillette was a leader in its category of razors and batteries, merging with P&G provided it access to P&G’s technology and marketing skills. P&G added Gillette razors , Right Guard deodorant and Duracell batteries to its more than 300 consumer brands, including Ivory Soap, Head and Shoulders shampoo, Pringles, Crest toothpaste and Bounty paper towels. Company Background P&G P&G a fortune 500 company headquartered at down Cincinnati, Ohio. P&G is manufacturer of wide range of consumer products ranging from Ivory Soap, Head and Shoulders shampoo, Pringles, Crest toothpaste and Bounty paper towels. P&G reported revenue of $82. 6 billion in 201. P&G was started in 1837 when William Proctor, a candlemaker, and James Gamble, a soapmaker, met in Cincinnati to become business partners and Proctor and Gamble was born. In 1858–1859, sales reached $1  million. By this point, approximately 80 employees worked for Procter & Gamble. In 1880, P&G discovered and marketed an inexpensive soap that floats on water called Ivory soap. William Arnett Procter, William Procter's grandson, started a profit sharing program with the company’s workforce in 1887. This program eliminated the chances of workers going to strike. Company opened many facilities to cover up the exponentially increasing demand. In 1920’s and 1930’s when radio because popular, P;G sponsored a number of shows and soon the radio shows were known as ‘soap operas’. P;G expanded into new countries in both areas: manufacturing and product sales and with the acquisition of Thomas Hedley co. in 1930, P;G became an international corporation. Large number of products and brand names were introduced over time, and P;G branched out into new areas. â€Å"Tide†, laundry detergent, and â€Å"Prell† shampoo was introduced by the company in 1946 and 1947 respectively. First toothpaste â€Å"Crest† containing fluoride was sold by P;G in 1955. In 1957 company branched out again with the purchase of Charmin Paper Mills and began manufacturing toilet paper and other paper products. Once again focusing on laundry, Procter ; Gamble began making â€Å"Downy† fabric softener in 1960 and â€Å"Bounce† fabric softener sheets in 1972. Prior to 1960 Johnson and Johnson were manufacturing disposable diaper called â€Å"Chrux† but P;G came out with one of the most revolutionary products on the market called â€Å"Pampers†, first test-marketed in 1961. Babies always wore cloth diapers, which were leaky and labour intensive to wash. Pampers provided a convenient alternative, albeit at the environmental cost of more waste requiring landfilling. To diversify its product line and to increase profits P;G acquired a number of companies. Some of the acquisitions included Folgers Coffee, Norwich Eaton Pharmaceuticals (the makers of Pepto-Bismol), Richardson-Vicks, Noxell (Noxzema), Shulton's Old Spice, Max Factor, and the Iams Company. In 1994, P&G was in top headlines, the management was placed in an unusual position of testifying in front of court in engaging with interest rate derivatives which they were not much capable to understand and incurred huge losses from that leveraged position and later on they sued the Bankers trust for the fraud. In 1996, P&G was again in headlines as Food and Drug Administration approved a new Product developed by company called Olestra. As the brand was called Olean, it was a lower-calorie substitute for fat used in cooking potato chips and other snacks but during its development stage it was associated with anal leakage and gastrointestinal difficulties in humans. On 28th January 2005 Gillette was acquired by P&G, forming the largest consumer goods company and placing Unilever into second place. This acquisition helped P&G to add new products into its product line that included brands such as Gillette razors, Duracell, Braun, and Oral-B. The European Union and the Federal Trade Commission approved the acquisition, with conditions to a spinoff of certain overlapping brands. P&G agreed to sell its Spin Brush battery-operated electric toothbrush business to Church & Dwight. P&G also divested Rembrandt a Gillette's oral-care toothpaste line. Official merger took place on October 1, 2005. The deodorant brands Right Guard, Soft ; Dri, and Dry Idea and Liquid Paper, and Gillette's stationery division, Paper Mate was sold to Dial Corporation and Newell Rubbermaid respectively. In 2008, P&G branched into the record business with its sponsorship of Tag Records, as an endorsement for TAG Body Spray. Gillette Gillette, originally founded as American Safety Razor Company, is a world leader in men grooming products as well as of women. It was founded by King Gillette who in 1895 came up with the idea of disposable razor after being frustrated by dulled old razors that required professional honing. He envisioned an inexpensive razor blade combination where blade can be clamped on the razor and once getting dulled can be replaced. After six years of innovation and engineering finally in 1901 after joining hands with a MIT machinist, William Nickerson, American Safety Razor Corp was born. In 1903 company was renamed as Gillette. Company paid the first cash dividend in 1906. Before First World War Gillette expanded abroad opening in London, first sales office was opened, manufacturing plants in Paris, Montreal, Berlin, and Leicester, England, and offices in France and Hamburg, Germany. By 1923, Income from foreign operation accounted for 30% of the total income. In 1910, Owner and President King Gillette decide to sell a major portion of his stake to investor John Joyce. Joyce was made the vice-president of the company. After his death in 1916 his friend, Edward Aldred, bought out the shares left to Joyce and took charge of the company. Gillett’s patent on safety razor expired in 1921 and company was ready for new change. Gillette introduced the â€Å"new improved† razor at the old price, and used the old style razor, renamed the Silver Brownie razor at $1, to enter the low-priced end of the market. Gillette transformed into the razor blade model by giving away razor handles as premiums with other products, developing customers for the more profitable blades. Abroad expansion also continued. In 1922 Gillette became royal purveyor to the prince of Wales and in 1924 to King Gustav V of Sweden. Gillette came into top headlines when its Paris office gave Charles Lindbergh a Gillette Gold Traveler after he completed the first transatlantic flight. Company named Auto Strop Safety Razor, owned by Henry J. Gaisman, filed suit against Gillette for patent infringement after Gillette produced a new blade using a continuous-strip process similar to one originally demonstrated to Gillette by Gaisman. Merging with Auto Strop solved the problem for Gillette but it gave birth to another problem. Gaisman checked the company's financial records and found out that Gillette had over-reported its earnings by $3 million for the past five. Stock price of Gillette fell from a high of $125 early in 1929 to $18 by end of decade. This led to the reorganization of Gillette. King Gillette resigned as nominal president and Gaisman became the new chairman of Gillette and Gerard B. Lambert, son of the founder of the Lambert Pharmacal Company and a former manager there, came out of retirement to become president of Gillette. Gillette blatantly went to market and admitted the poor quality of its old blade and came up with a blade called blue blade made by continuous-strip process. Gillette entered into sports advertising and this lead to sharp increase in the sales. In 1942 sports events held by Gillette were called ‘Gillette Cavalcade of Sports’. In 1962 Gillette faced tuff competition from the English Wilkinson Sword Company as it started exporting the stainless steel blades to United States. Gillette also faced challenges from local player in stainless steel category and was left behind in the race. Gillette was left behind and latter it jumped into and developed a new blade but at that time it had lost its market share by 10%. By 1971 Gillette had four domestic divisions: the Safety Razor Division; the Toiletries Division, which featured Right Guard deodorant and antiperspirant; the Personal Care Division; and the Paper Mate division. In mid 1970’s Gillette divested its business by selling off unprofitable business such as Buxton in 1977, Welcome Wagon in 1978, and Hyponex and the Autopoint mechanical pencil business in 1979 and pumping money into the core business. In 1986, Gillette was being pursued by Ronald Perelman, who had previously taken over Revlon. He was about to make a tender offer for Gillette, Gillette responded by paying Revlon $558million in return for Revlon not making a tender offer. This exposed the Gillette vulnerability and it resulted in Gillette going with standstill agreement with 10 different companies. Gillette had responded to various takeover threats by cutting cost and thinning the workforce. Gillette also divested its weak operations and because of it stock showed a jump by 24%. By 2004 Gillette had annual sales of $10. 5 billion and net income of $1. 7 billion. The Acquisition On January 28th 2005 P;G announced the acquisition of Gillette. As per the deal, 0. 975 shares of P;G common stock were exchanged for each share of Gillette. It accounted for 18% premium to Gillette shareholders based on the closing share prices on January 27, 2005. However, the approval by the shareholders of both Gillette and P;G was required. The merger was expected to get regulatory clearance by 2005. P;G planned to buy back $18-22 billion of its common stock in around 18 months immediately after the merger. The structure of deal came out to be 60% stock and 40% cash, although on paper it was a pure stock-swap. | The extra 18% premium paid by P;G for Gillette's stock looked like that it made 18% more difficult for the deal to pay dividends to stock holders. The problem was in buying back shares as P&G would have to borrow funds to finance this transaction. In light of this move, both the companies came under the scanner of credit agency for a possible downgrade. S&P considered all the rating for P&G under negative umbrella watch based on the likelihood that the deal would cause P&G to increase its leverage. As of September 30, 2004, P&G had debts of $21. 4 billion and Gillette of $3. 1 billion. Synergies Gillette maintains 64 manufacturing facilities in 27 countries, and its products are sold in more than 200 countries and territories, with more than 60 percent of sales occurring outside the United States. For P&G the acquisition of Gillette was an opportunity for P&G to add a masculine dimension to overwhelmingly female-biased portfolio. This seems to be a merger of exactly strategically fit companies who complement each other. It was combination of two best-in-class companies creating a stronger brand portfolio, opportunities for even more innovation, faster sales growth, and cost savings. The importance of economies of scale and focus as described by analyst, P&G had attempted to gain both with this acquisition. There was change in marketing sense as Gillette market was mostly towards men so P&G women dominated product category have showed steep learning curve in understanding the men marketing. It was boost to its product category and therefore enhancing the top line. Both the companies have presence in different part of globe made the deal a geographical fit. Gillette has strong presence in countries such as Brazil and in India, where P&G has been lagging behind Unilever. P&G has excellent penetration and distribution in China, the Philippines and fast-growing Eastern European markets such as Russia and Poland. Diversification of Product Portfolio As there was little overlapping in Gillette and P&G business this helped P&G to broaden its product base and offer more products to men in its women dominated product category. Story Now After five years of the deal, things haven’t gone the way as expected. The boost to the top line that was expected by P&G with acquisition of Gillette has been in doldrums. P&G has lost the Gillette top management talent as most of senior managers (with the notable exception of current P&G Vice Chairman Ed Shirley) have left. P&G's stock has lagged behind key competitors', including Colgate-Palmolive Co. and Unilever, beaten P&G 4 to 1 and 3 to 1, respectively, in the stock market. The recession has played against P&G decline in sales in Gillette products have become a reason of worry for P&G. P&G executives and Gillette officials show an optimistic view on the deal they feel still a lot more is still to come. Gillette has helped P&G to transform in different ways that aren't always obvious. P;G has made aggressive moves in key markets such as Brazil and India; a much stronger operation throughout Europe and an even stronger showing on U. S. retail shelves; a ever growing investment which will increase the companies efficiency and help it to deliver the best with innovated products. The deal has indeed given both the companies significant advantages. Economies of scale have been brought in along with some cost cutting giving P;G increase in revenue and income. But only time will tell if this union of seemingly very compatible partners is truly a match made in heaven. Exhibits P;G balance sheet Balance Sheet| | | 29-Jun-11| 29-Jun-10| 29-Jun-09| 29-Jun-06| Assets| | Current Assets| | | Cash And Cash Equivalents| 2,768,000  Ã‚  | 2,879,000  Ã‚  | 4,781,000  Ã‚  | 6,693,000| | Short Term Investments| –   | –   | –   | | | Net Receivables| 7,415,000  Ã‚  | 6,325,000  Ã‚  | 7,045,000  Ã‚  | | | Inventory| 7,379,000  Ã‚  | 6,384,000  Ã‚  | 6,880,000  Ã‚  | | | Other Current Assets| 4,408,000  Ã‚  | 3,194,000  Ã‚  | 3,199,000  Ã‚  | | Total Current Assets | 21,970,000  Ã‚   | 18,782,000  Ã‚   | 21,905,000  Ã‚   | | Long Term Investments| –   | –   | –   | | Property Plant and Equipment| 21,293,000  Ã‚  | 19,244,000  Ã‚  | 19,462,000  Ã‚  | | Goodwill| | 57,562,000  Ã‚  | 54,012,000  Ã‚  | 56,512,000  Ã‚  | | Intangible Assets| | 32,620,000  Ã‚  | 31,636,000  Ã‚  | 32,606,000  Ã‚  | | Accumulated Amortization| –   | –   | –   | | Other Assets| | 4,909,000  Ã‚  | 4,498,000  Ã‚  | 4,348,000  Ã‚  | | Deferred Long Term Asset Charges| –   | –   | –   | | Total Assets | | 138,354,000  Ã‚   | 128,172,000  Ã‚   | 134,833,000  Ã‚   | | Liabilities| | | | | | Current Liabilities| | | | | Accounts Payable| 17,312,000  Ã‚  | 15,810,000  Ã‚  | 14,581,000  Ã‚  | | | Short/Current Long Term Debt| 9,981,000  Ã‚  | 8,472,000  Ã‚  | 16,320,000  Ã‚  | | | Other Current Liabilities| –   | –   | 7,768,000  Ã‚  | | Total Current Liabilities | 27,293,000  Ã‚   | 24,282,000  Ã‚   | 30,901,000  Ã‚   | | Long Term Debt| | 22,033,000  Ã‚  | 21,360,000  Ã‚  | 20,652,000  Ã‚  | | Other Liabilities| | 9,957,000  Ã‚  | 10,189,000  Ã‚  | 9,146,000  Ã‚  | | Deferred Long Term Liability Charges| 11,070,000  Ã‚  | 10,902,000  Ã‚  | 10,752,000  Ã‚  | | Minority Interest| | 361,000  Ã‚  | 324,000  Ã‚  | 283,000  Ã‚  | | Negative Goodwill| –   | –   | –   | | Total Liabilities | | 70,714,000  Ã‚   | 67,057,000  Ã‚   | 71,734,000  Ã‚   | | Stockholders' Equity| | | | | Misc Stocks Options Warrants| –   | –   | –   | | Redeemable Preferred Stock| –   | –   | –   | | Preferred Stock| | 1,234,000  Ã‚  | 1,277,000  Ã‚  | 1,324,000  Ã‚  | | Common Stock| | 4,008,000  Ã‚  | 4,008,000  Ã‚  | 4,007,000  Ã‚  | | Retained Earnings| 70,682,000  Ã‚  | 64,614,000  Ã‚  | 57,309,000  Ã‚  | | Treasury Stock| | -6. E+07| -6. 1E+07| -5. 6E+07| | Capital Surplus| | 62,405,000  Ã‚  | 61,697,000  Ã‚  | 61,118,000  Ã‚  | | Other Stockholder Equity| -3411000| -9172000| -4698000| | Total Stockholder Equity | 68,001,000  Ã‚   | 61,439,000  Ã‚   | 63,382,000  Ã‚   | | Net Tangible Assets | -2. 2E+07| -2. 4E+07| -2. 6E+07| | P&G Income statement FINANCIAL SUMMARY (UNAUDITED) Amounts| 2006| 2005| 2004| 2003| 2002| Net Sales| $68,222| $56,741| $51,407| $43,377| $40,238| Operating Income| 13,249| 10,469| 9,382| 7,312| 6,073| Net Earnings| 8,684| 6,923| 6,156| 4,788| 3,910| Net Earnings Margin| 12. 70%| 12. 20%| 12. 00%| 11. 00%| 9. 70%| Basic Net Earnings Per Share Common Share $| 2. 79| 2. 7| 2. 34| 1. 8| 1. 46| Diluted Net Earnings Per Common Share| 2. 64| 2. 53| 2. 2| 1. 7| 1. 39| Dividends Per Common Share| 1. 15| 1. 03| 0. 93| 0. 82| 0. 76|

The Issue Of Global Warming - 1185 Words

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