Financial Analysis of Carrefour S A Case Study Example | Topics and Well Written Essays - 1000 words

Financial Analysis of Carrefour S A - Case Study Example Sikhumbuzo Bhengu, junior financial analyst ordered a  report which was demanded by Carrefour S.A.’s CFO Barry Strydom. The request of this report is to identify the cost-effective currency in which the issuing of the bond from the firm to that currency denominated, and it turns that foreign currency is effective than the hedging strategy required to hedge exchange rate risk. Nevertheless, investing in the British pound had several reasons why it was a good idea. Due to the high inflation rate in U.K, the real interest rate became lower while the nominal interest rate of the Swiss franc got lower than that of the British pound. The data information provided by Carrefour S.A. was used to solve the report which was not being expanded beyond the scope of the information given. The position of Carrefour in the market was not conducted by research provided by the internet. The information provided by the case study is assumed to be true and accurate. This report has been conducted by the use of interest rate parity which is the main underlying theory in this case. Carrefour S.A. was seeking to contribute EURO 750million debt financing by issuing a bond at a lower cost either by the use of domestic currency or foreign currency denomination bond in the Eurobond market in the summer of 2002. Carrefour S.A.’s investment banks (Morgan Stanley and UBS Warburg) not only suggested the provision of funds at the lowest cost but also anticipated that the Carrefour 10-year bonds can be dispensed at 5.25% in Euros, 5.375% in British pounds, 3.625% in Swiss francs, and 5.5% in U.S. dollars in August 2002. The assumption was that the bonds were to be issued at par. The action plan which was taken was based on the sales, profits, and sources of profits in various currencies.  

An inspector calls Essay Example for Free

An inspector calls Essay How does Priestley use the Inspector to create a sense of impending doom for the Birling family in act one of An Inspector calls? There are several themes portrayed by certain characters including responsibility, community, guilt, egocentricity and denial. They are key ideas in Priestleys play An Inspector calls, and contribute to the general sense of imminent trouble. There is a great deal of contrast with regards to social events and historical context between the time the play is set in, 1912 Pre World Wars, and the first staging of the place, post World war 2, 1945-46 (disputed). This difference is what fuels many ironic statements throughout Act one, mainly by Mr Birling (one example of this is his speech on page 4). The class Hierarchy also plays an important part in the play, as the Birlings are upper-middle class, and Act One conveys this impression of the stereotypes of class very well. The Impact of the staging suggests a money-orientated posh lifestyle surrounding the family, which the audience would generally disapprove of because of the economic slump and more lower classes present post World War 2. The Birlings are an almost aristocratic family and they look down on any one who is below them in the social hierarchy. Priestley uses the inspector as a key dramatic device and moral conscience to teach the Birlings moral values and the themes discussed earlier. There are many emotive metaphors one can link to the idea of war in the play, such as fire blood and anguish. Furthermore Priestley may have written this detective thriller play set in Edwardian England in an industrial city to convey the message Learn from your mistakes so it doesnt happen again referring to the world wars. Who is the inspector? No real person of interest, more something like a personified bad conscience of guilt and internal voice. The play opens with an intimate celebration of Gerald and Sheilas engagement. Priestley presents the audience with a calm, family and celebratory mood at the beginning of Act Ones first scene. This is clearly shown in the stage directions the lighting should be pink and intimate. The adjective intimate may suggest a mood of relaxation, cosiness and self-involvement. This contrasts to the set as being described as not cosy and homelike implying something is out of place in the atmosphere, which may suggest presage to looming mess and confusion. It also contributes to the foreshadowing of the inspectors entrance (as one would expect contrast later in a play) when the lighting is described as brighter and harder. The comparative adjectives brighter and harder both suggest the mood turns focused and may imply an intensification of the already tense atmosphere caused by the dramatic effect of the inspectors entrance. Moreover this use of lighting hints at the foreshadowing of the trouble that the Birlings will come to turns with. Priestley presents Mr Birling in a very arrogant and negative light to the viewers. An example of this is Mr Birlings toast on page 4, when he talks about his view regarding the engagement of his daughter. Perhaps we may look forward to a time when Crofts and Birlings are no longer competing For lower costs and higher prices. This shows Mr Birlings possible key objective and may suggest Mr Birling is materialistic, as that is how he finished his speech, pressing more emphasis on money and profit. This is an example of his totalitarian obsession with money, and is likely what caused the idea of Eva Smiths loss of job, and eventual death, exposed by the inspector. In addition, the focus on reputation and honour are key factors in presenting Mr Birling as a corrupt, self-obsessed, and acquisitive businessman, obsessed with his image. I gather there is a very good chance of a knighthood so dont get into police court or start a scandal his suggestion of a knighthood may indicate his need of representation within his social class; as a righteous citizen, showing the Birlings have high hopes within their society. Mr Birling appears to use his social status to acquire respect and nobility from Gerald. It is also ironic that he asks his family not to get into police court or start a scandal since that is exactly what appears happens in the play, and this can ironically foreshadow the future events. His obsession in keeping his image, and his attitude toward lower classes is what makes him reluctant to disclose details concerning and regarding his company, Birlings and Company, to the inspector. This defensive attitude, this wall is what he inspector expects and retaliates against. By doing so he makes the family feel uncomfortable as if there is something worse to be revealed, adding to the sense imminent disaster in this Act. Furthermore, Mr Birlings strict view on life is another probable cause for the unfolding of the events. The fact that Mr Birling says that a man has to mind his own business and look after himself and his own and- shows his self-obsessed and uncaring side, which makes the audience feel uneasy. At this point, at the pinnacle and point of Mr Birlings speech, the doorbell sharply rings interrupting him. This has a substantial dramatic impact as Mr Birling was likely to say family and, ironically, the inspectors supposed aim is to teach him and his family community responsibly, as if the inspector wants to say community by ringing the doorbell, and, by using hindsight, one may assume this foreshadows the inspectors intentions. Also, the inspectors entrance is considerably significant, as it adjusts the mood and alters the atmosphere. His entrance invokes a sense of apprehension which is built on later on in the play, starting the sense of impending doom of the inspectors interrogation because no one would expect anyone to come to the house this late, unless it concerned something very important, urgent or a combination of the two. His first words are Mr Birling? simply inquiring to if it is Mr Birling he is talking to. This may imply the inspector wants to cut to the chase and start the inquiry, to the annoyance of Mr Birling, as he wants to butter him up and get it over with. It may also show that the main reason the inspector is here is Mr Birling, and he may directly implicate Mr Birling just by asking a simple question, even though we know that is not true later on in the Act, the audience is still unaware. This adds to the uneasy, nervous atmosphere caused by his entrance. The stage directions clearly intensifies the mentality and superiority of the Inspector, as he creates at once an impression of massiveness, solidity, and purposefulness. The sense of anxiety, interest and uneasiness rises at the sudden impact of a police inspectors entrance, just spelling trouble, and the fact that it is late at night implies deep trouble for the Birlings and Gerald. Moreover, the inspector makes the family ask him questions rather than the other way around (as one might expect with an inspector, as that is his job, to ask questions) and he intentionally withholds details and information from the family to use their curiosity to implicate themselves. For example when Eric tries to get out of the interrogation as he says he feels uneasy, the Inspector tells him he should stay there, and waits for Eric to ask Why should I? and replies with It might be less trouble. If you turn in, you might have to turn out again soon. This answer could simply state the impracticality of Eric turning in yet his answer may also be ironic because he will implicate Eric in a number of ways, revealing Eric is in more trouble than he previously thought, possibly because he stayed. This may be because the inspector is trying to teach them a lesson, and he does so by Inspecting the family and he gathers and uses the information he derives from the reactions of the characters, in this case Eric. By telling Eric to stay he makes not only the characters but also the audience feel uncomfortable, and this further builds on the apprehension and mystery surrounding the inspector, adding to the sense of impending doom in the Act. Moreover, Mr Birling is trying to get the interrogation over with and refuses to believe he is involved. For example, Mr Birlings reaction when he realises hes not the only one involved, but also his family, is quite significant. He said If id known that earlier, I wouldnt have called you officious and talked about reporting you and may imply that Mr Birling is relieved that he isnt involved, but the fact that its any better for him that his family is involved, is quite disconcerting for the audience because it shows he is more self-involved and egocentric, as he cares more about himself than his wife and children. The statement may also imply that, in the point of view of Mr Birling, his temper got out of hand when he talked about calling him officious, and he now regrets what he said either because he was just worried about himself and looked for an excuse to show his remorse to show himself in a more positive light, or because he feels he needs to protect his family, and that his calling the inspector officious he may have offended him and this could negatively change the inspectors view of the family, which may lead the inspector do or act unsympathetically towards them, and by explaining his actions he could avoid impending trouble. In addition, Priestley presents Sheila as being part of the audience. He does this by using her as a dramatic device, as the inspector. But in contrast to the use of the inspector as a dramatic device to be the voice of moral value, Sheila may be used to represent the ear, or audience to absorb Priestleys lessons. For example the inspector talks about Eva Smith not exactly going on the streets, Sheila enters, as if her entrance represented the audiences curiosity toward Eva. Sheila immediately inquires whats this about streets? Leading into her involvement in the supposed suicide of the character Eva Smith by making her ask the questions and him using emotive language. Finally he shows a photograph, which may or may not be the character Eva Smith, to Sheila and she instantly exposed herself with the person on the photographs involvement. The inspector feeds on this and uses it to implicate her further. This gives an impression of the inspectors superior knowledge To the Birlings and builds on the sense of impending doom in the Act. Adding to that, the family, especially Sheila, feel there is no point in lying because the inspector knows the truth. The family, and event he audience, might wander why the inspector asks the questions if he already knows the answers? The answer to that may simply be he wants to find out he credibility and honesty of the family but I think its deeper than that. It could be Priestleys intention of teaching audience, through the play, moral responsibilities and values by showing the social flaws at the time. An example of this is the discussion of the inspector between Gerald and Sheila at the end of Act 1 revealing Geralds connection with Eva Smith (Daisy Renton) and Sheilas reluctance to lie to the inspector. This shows how deep the dramatic impact of the inspector really is, as was foreshadowed earlier in the Act concluded by the entrance of the inspector right before the curtain falls leaving a dramatic cliff-hanger at the fall of the curtain. Finally, Priestley was a soldier in the First World War, experienced many of the harsh realities of war; which may have motivated him to write this play. He wanted to express his beliefs through a character. So he created the inspector as his image to convey his scepticism and criticism toward anti-socialist upper-class arrogance represented by the Birlings. Priestleys use of the inspector as a dramatic device and Sheilas representation of the audience promoted and got across his views throughout the play and especially in Act One. He created the sense of doom for the Birlings to show what happens to such attitudes represented by the family, because as we know, the war would have had a devastating impact on them. The mood of the act started out intimate and casual and slowly evolved to tense and disquieting because of the inspectors interrogation and even by him simply being there. What J. B. Priestley wanted to tell the audience through the play and through the inspector was One Eva Smith has gone but there are millions and millions of Eva Smiths and John Smith still left with us We dont live alone. We are members of one body. We are responsible for each other. I didnt much like the play, but I did enjoy the subtleties and casual metaphors that made me think. To conclude, I think it is a piece of literature that was significant at the time, though I think a different piece which wouldve evoked more interest wouldve been a better choice to analyze. I hope you enjoyed reading it more than Ive enjoyed writing it.

The Benefits and Risks of Breast Augmentation Essay -- Breast Implant

The Benefits and Risks of Breast Augmentation Every day women are bombarded with images of beautiful models with thin figures and huge round breast. In striving to achieve the ?ideal? body type women are altering their bodies; cosmetic surgery has increased enormously in the past few years. Breast augmentation alone has increased 500% since 1992. What are the benefits of having big voluptuous breasts? Do the benefits overweigh the risks? There are two main types of breast implants. One is filled with silicone gel and the other is filled with saline (sterile salt water); both of these implants have an outer silicone shell. Prior to 1991 both types of implants were approved by the FDA, but in April of 1992 silicone filled implants were restricted by the FDA to patients with needs of reconstruction, replacement of deformities, and replacement of ruptured silicone-gel filled implants that were used for augmentation. Saline filled implants are currently approved by the FDA for women 18 years old or older desiring breast augmentation and for reconstruction in women of all ages. The restriction on silicone filled implants was provoked by the concern that the leaking of silicone gel could be detrimental to the body in the case that an implant ruptured. By contrast, a saline filled implant would only release salt water in to the body. However saline filled implants are not completely risk free. An implant is a foreign object in your body thus the body can and typically does form scar tissue around it. This scar tissue can squeeze and harden the implant causing it to rupture. The tightening and squeezing is called capsular contracture and may cause hardening of the breast, rippling of the skin, and changes in breast shape... ...not scientifically proven, many health risks may arise from breast implants. Such risks include rupture of implants, loss of sensation, inability to breast feed, hardening of breast tissue, rippling of the skin, and interference in the detection of breast cancer. There are other ways to enhance a woman?s breast but in the end it is her decision as to what route she wants to take. Bibliography California or Bust. Author: Wallace, Amy. Source: Los Angeles Magazine V. no 1 (Jan 2002) P 40-45 Saline Breast Implants Stay on Market as Experts Warn about Risks. Author: Linda Bren. Source: FDA Consumer 34 no4 Jl/Ag 2000 P 9-11 Implanting Fear. Author: B. D. Daniel & Michael Weiss. Source: National Review v47 P50 O 9 1995 Breast Surgeries Experiencing High Inflation Rates. Author: Judith Messina. Source: Crain?s New York Business v18 no14 P4, 34 Ap 8-14 2002

Corporate Social Responsibility in Supply Chain Management Essay

Case Study: Singapore The case was developed with the cooperation of Singapore Compact for CSR solely for educational purposes as a contribution to the Project entitled â€Å"New Corporate Procurement Strategy on Trade in Goods and Services in APEC Region – Supply-chain options with CSR perspective -† conducted under the auspices of the Asia Pacific Economic Cooperation (APEC). The case is neither designed nor intended to illustrate the correct or incorrect management of the situation or issues contained in the case. No part of this case can be reproduced, stored or used without the written permission of the author and the Asia Pacific Economic Cooperation.  © 2007 APEC Secretariat 216 Case Study: Singapore Executive Summary NTUC FairPrice Cooperative Ltd is the leading supermarket retailer in Singapore. The company is known as a â€Å"supermarket with social conscience.† Its supply chain activities focus on developing effective strategies to improve product quality and safety by working closely with its suppliers in implementing standards and good CSR practices. Singapore imports 95% of its vegetables from other economies since the local farms cannot meet the local demand. FairPrice itself imports about 80% of its vegetables. Sellers need to ensure that the vegetables are safe for consumption and its supply is ample. FairPrice invested in a fresh food distribution center in 2002 to enhance its ability to move its stock faster and maintain freshness quality. The Good Agricultural Practices for Vegetable Farming (GAP-VF) certification ensures that local suppliers meet the standard but the certification does not cover overseas suppliers. FairPrice needs to encourage these overseas suppliers to adopt similar standards. The standard applied to organic vegetables is even higher. FairPrice works with Agrifood Technologies Pte Ltd to develop an in-house certification program that would provide assurance of the integrity of the organic produce. FairPrice participates in the Pekan Baru project, a collaboration of the Indonesian and Singapore governments. FairPrice purchases 50 tons of vegetables per week from Pekan Baru. As the sole importer of the vegetables produced in Pekan Baru, FairPrice provides more work and income for more than 500 farmers and many operators along the supply chain. The project also involves technology transfer which helps the farmers to implement good agricultural practices and get higher yields of better quality vegetables. Pekan Beru farmers learned the technology on cold chain management which makes it possible to maintain the freshness of vegetables while being transported from the farm to FairPrice distribution centers. With quality assurance, FairPrice packages the vegetables under its house brand, Pasar. Branding the vegetables under Pasar has helped to market and increase demand for vegetables from Pekan Baru since FairPrice is a trusted brand in Singapore. CSR is a journey and FairPrice continues to strive to be the best place to shop, the best place to work, and the best corporate citizen. Introduction In the retail sector, companies compete for the consumer’s money by looking at the marketing mix of 4Ps – Product, Price, Place and Promotion. These are traditionally the four factors that retailers consider in their marketing strategy. However, due to globalization and better consumer awareness, retailers need to address another 3Ps – People, Planet and (not only) Profit. Consumers no longer just buy what is displayed on the retail shelves. They are asking questions as to how the products have been produced, and what has been their impact on society and the environment. For retailers to compete effectively in the market today, they need to assure consumers that what they put on the retail shelves are ‘ethical products’. In the supermarket retail industry, product quality (e.g. freshness, taste) and safety are two of the key concerns. If consumers in Singapore are in doubt about the product quality and safety of any retailer, they have a lternative sources such as vendors in local fresh produce markets. Hence, to 217 Case Study: Singapore compete effectively, supermarket retailers need to look at how and not just what they are doing in business. By examining the opportunities and challenges in the context of Corporate Social Responsibility (CSR) within the supply chain, businesses can sharpen their competitive edge and be good corporate citizens. Company Profile Established in 1973 by the labour movement, NTUC FairPrice Cooperative Ltd has grown from its first shop set up to moderate the price of sugar and rice to being the leading supermarket retailer in Singapore. It employs over 5,000 and runs a retail network of 216 outlets comprising 76 FairPrice supermarkets, one FairPrice Finest, two FairPrice Xtra (Hypermart), three Homemarts, 19 FairPrice Xpress and 116 Cheers Convenience Stores. FairPrice’s founding mission was to moderate the cost of living for the ordinary households in Singapore. Over the years, FairPrice’s mission has evolved to its present mission which is to moderate the costs of a good life. Essentially, FairPrice’s aim is to be: †¢ †¢ †¢ the best place to shop, the best place to work, and the best corporate citizen. To be the best place to shop, FairPrice focuses on maximizing consumer satisfaction which is based on its brand promise of delivering value, quality and service. Key to this commitment are its procurement practices. FairPrice’s product sourcing takes into account consumer feedback and needs, and market trends. It sources from established and reputable companies. It always tries to diversify its sources of supply, particularly for essential items. It also develops its own range of house brand products to offer consumers an alternative to national brands. FairPrice plays a strong role in establishing the price of essentials in Singapore. During the avian flu outbreak that resulted in the ban of egg imports from the region, FairPrice responded swiftly to the crisis by putting in place precautionary measures to curb profiteering. To prevent arbitrage, FairPrice took unpopular but necessary measures in restricting the purchase of eggs. To further alleviate the egg shortage, it imported Australian and New Zealand eggs as alternatives. Even after the ban on Malaysian poultry imports was lifted, FairPrice continued its efforts in working with business partners to peg chicken and egg prices at a reasonable level. Through this, FairPrice helped restore egg prices to pre-ban levels. To be the best place to work, FairPrice is a unionized employer that has good labour-management relationship. FairPrice takes a holistic approach in providing for employees well-being and opportunities for growth and development. FairPrice received the Work-life Excellence Award 2006 conferred by the tripartite committee on Work-life Strategy Singapore, in recognition of its programs to help employees balance personal commitments and work responsibilities. FairPrice contributes to the community through its own initiatives such as its annual Used Textbooks project, its Million Dollar Food Voucher Scheme for the needy and the provision of study grants to children of needy members. It also engages its network of suppliers to support its community efforts such as Heartstrings Buys, a fund-raising drive for the Community Chest. To promote environment protection, FairPrice launched the ‘Love Nature’ reusable bags to encourage its customers to reduce their reliance on plastic bags when shopping for groceries and necessities. In addition, the company participated in the ‘Bring Your Own Bag Day’ to encourage 218 Case Study: Singapore shoppers to bring their own shopping bags instead of using plastic bags. Cashiers at the retail stores have been trained to pack more items in each bag to reduce the consumption of plastic bags. As a good corporate citizen, FairPrice was cited as the â€Å"supermarket with a social conscience† by the Far East Economic Review in a 2000 survey report. In September 2005, FairPrice signed the UN Global Compact (UNGC) to support the initiative of the Singapore Compact movement to establish a UNGC network in Singapore and help raise awareness among more companies of the key principles of CSR which it upholds. FairPrice was also conferred the President’s Social Service Award in 2005 in recognition of its contributions to society. As a responsible food retailer, FairPrice is both a Case Trust accredited member and a Food Safety Partner of Agri-Food & Veterinary Authority (AVA) the economy-wide food safety authority of Singapore. FairPrice also supports pro-family initiatives and prides itself as a pro-family business retailer. It was voted one of the best loved pro-family retailers in the Singapore 2006 contest organized by the Ministry of Community Development, Youth & Sports. In another survey conducted by the Reader’s Digest in 2006, FairPrice was voted in by consumers and won the Trusted Brand Gold Award for the supermarket chain category in Singapore. The Supply Chain Singapore has only 256 licensed farms covering 746 hectares1 which cannot supply enough fresh meat, fruits and vegetables to meet the demand of its population of 4.4 million. Singapore imports 95% of its vegetables worth S$314 million since local farms can meet only 5% of the demand for vegetables. It imports vegetables from Australia, China, Indonesia, Malaysia, Thailand, The United States and Viet Nam. With Singapore’s high dependence on imported fresh vegetables, local sellers such as supermarkets need to ensure that the imported food is safe for consumption and its supply is ample. FairPrice invested S$25 million on a 130,000 square feet fresh food distribution center in 2002 to better manage its supply chain for fresh food. The setting up of the fresh food distribution center enhances the ability of FairPrice to move its stock faster and maintain freshness quality. The distribution center also provides the right infrastructure to improve the handling process of fresh food, thus reducing spoilage. Good temperature management and storage management are critical in maintaining the quality of food and preventing cross-contamination. FairPrice is committed to maintain a high standard of food safety and hygiene at the fresh food distribution center by getting the center to be Hazard Analysis Critical Control Points (HACCP) certified. From the distribution center to the retail stores, FairPrice uses refrigerated trucks to transport the vegetables. At the store, temperature checks are conducted again before putting the vegetables on the retail shelves. FairPrice works with the relevant authorities to develop standards. One such initiative is the implementation of the technical reference standards on cold chain management for chilled pork in 2005. The standard was developed by AVA and SPRING Singapore, the economy-wide standard body, together with FairPrice. It provides strict receiving, storage and display guidelines to ensure that the quality of the pork is not compromised.

Learning a Foreign Language Essay

What’s the best age to learn a new language? researchers say that you shouldn’t wait too long before introducing a baby to foreign languages. According to the critical period hypothesis, there’s a certain window in which second language acquisition skills are at their peak. Researchers disagree over just how long that window is — some say that it ends by age 6 or 7, while others say that it extends all the way through puberty — but after that period is over, it becomes much harder for a person to learn a new language. It’s not impossible, but children in that critical period have an almost universal success rate at achieving near fluency and perfect accents, while adults’ results are more hit-and-miss. Because children are so much more skilled at picking up a second language than adults, immersion preschools and elementary schools are a popular choice for parents. Students at these schools have math, story time and social studies the way other students do, but their classes are taught in a foreign language. Not only does this give the students ample time to practice the foreign language, but some research indicates that such a program might have other academic benefits, such as higher math scores and sharper critical thinking skills. And learning a second language at such a young age doesn’t hinder any abilities in the child’s native language — it seems a child’s brain is wired so that all linguistic rules, be they native or foreign, are picked up quickly. However, just because a child becomes fluent in Italian, Russian and Portuguese doesn’t mean that he or she will be speaking those languages 50 years later. Without extended exposure to a language, the child’s abilities diminish, so it’s important to provide continued opportunities to practice these skills. anguage is too complex for children to understand. All the people know that if one wants to learn a foreign language, one must understand its grammars and vocabularies. These things can not be easily understood by a child who does not have enough experience. Children are simply reciting the rules of grammars and vocabularies. The mountain like amount of rules and vocabularies are difficult for every people, especially children. As children are reciting the rules of grammars and vocabularies, they are forgetting them gradually to none. As a result, there is no good result for both children themselves and parents. Not everyone is a genius, and so almost of the children can not hold as many languages as their parents’ hopes. So, from my view children should not begin learning a foreign language as soon as they start school.

Sordaria Fimicola Lab Report Essays

Sordaria Fimicola Lab Report Essays Sordaria Fimicola Lab Report Paper Sordaria Fimicola Lab Report Paper The model, Sardinia familial, reproduces wrought the process of Meiosis and their chromosomes cross over in Prophesy I (Stern). S. Familial have different crossover frequencies between the slopes in Evolution Canyon; there are higher crossover frequencies on the SF compared to the NFG. One possible explanation of this outcome is the harsh conditions on the South side causing an increase in crossing over. To prove if climate conditions really did have an effect on crossover, we controlled the conditions in lab on common lab strains of dark and tan Sardinia. Having lab strains of Sardinia familial makes it a good model organism because it has a short life cycle, reduces fruiting bodies, and its easy to keep alive. The defining characteristic of the phylum Somatic is the production of four to eight sexual spores in a sac-like cell called an caucus (Lamb). As stated before, S. Familial reproduces through Meiosis where crossover occurs in Prophesy I. The process of meiosis can cause three patterns to arise in ASCII; a 4:4 pattern has four black spores and four tan spores next to each other. This occurs when there is no cross over between the different strains. A and pattern result from crossover; the set patterns are determined through Meiosis. As soon as Meiosis II is complete and there are four daughter cells in the caucus, the pattern is determined. Mitosis is the final step in completing the process; at the end of meiosis, the four daughter cells divide to produce a total of eight spores. There are five research questions we are trying to answer. What are the challenges in the procedure for mating the different strains? What are the challenges in preparing squashes of peripatetic for scoring ASCII? What evidence demonstrates crossing over has occurred? What is the crossover frequency under optimal growth conditions? And what is the map distance? I will be referring to these questions throughout this report to better our understanding of the labs purpose. In this experiment, we placed four agar blocks from Sardinia on a mating plate. The two different strains, tan and wild type, were alternated so no like strain was next to each other. We placed a lid on the plate and let it incubate for two weeks at room temperature to allow the fungi to reproduce and recombine with the strain next to it. Once finished incubating, we collected samples from one of the lines of black dots between the gars. We put the samples on a microscope slide o score peripatetic squashes by looking for caucus sacs containing black and tan spores. The crossover frequencies of Type A (4:4) for the combined course data were 6,358; Type B ASCII were 05 ASCII, and Type C ASCII were 4,908. Overall, there were a greater number of non-recombinant. Materials and Methods The experiment started through obtaining a mating plate that was divided with a marker into four sections. The quadrants were labeled Tan and Wild Type, making sure no same label was next to each other. The working surface was cleaned and two small squares of agar were cut with a cleaned razor blade room the first strain and two small squares of agar from the second strain. The tan and black strains were placed under the correct label on the plate so the same strain was not next to each other. The plate was covered up with a lid and the agar blocks were left to incubate for two weeks at room temperature. After the incubation period was complete, a line of black dots appeared along the dividing lines on the plate. The squashes were prepared by using an inoculating loop to scrape peripatetic from the center of one of the dividing lines. A sample from the dividing lines was placed on a microscope slide and a drop of water as added followed by a coveralls. A pencil eraser was used to release the ASCII from the peripatetic by pushing down on the coveralls. Under the microscope, the ASCII were observed and recorded to find recombination patterns. The total number of recombinant of Type B ASCII and Type C ASCII was divided by the total amount of the recombinant and non-recombinant counted. The percentage was calculated by multiplying the previous answer by 100. The map distance was found by dividing the percent of the crossovers by 2 because each crossover produced two spores identical to the parents and two spores that resulted from he crossover. Results Table 1. Caucus Scored Non-recombinant # of Type A ASCII (44) Recombinant Total # of ASCII Total # Recombinant ASCII # of Type B # of Type C Class Data 159 125 136 420 261 Section Data 6,358 5,105 4,908 16,371 10,013 Table 2. Crossover Frequencies Frequency of Recombinant ASCII Frequency of Type B ASCII Frequency of Type C ASCII Ratio B/C Data 62. % 29. 7% 32. 4% . 92 61. 2% 31. 2% 1. 04 (egg Figure 1) Figure 1 is one of the many ASCII groups found of recombinant and non- recombinant under a microscope of xx. The eight ASCII circled in red presents a pattern of crossover between the spore color gene and the centimeter. Crossing over occurred between the spore color and the centimeter due to the evidence of the 2:4:2 a nd 2:2:2:2 ASCII patterns found in groups similar to Figure 1. This group of ASCII is not a good representation of recombinant, but it gives an idea of what we saw when we searched for the recombinant. The evidence we obtained from Figure 1 and other groups similar to Figure 1 prove that crossover has occurred between the wild type and tan Sardinia. In the class data, there were 125 Type B recombinant and 136 Type C recombinant cored. Since a total of 420 recombinant and non-recombinant ASCII were found, the crossover frequency of the class data is 62. 1% because we divided the total number of recombinant with the total number of ASCII. The map distance can be calculated as followed: Class: 62. 1%/2=31. 05 units Section: 61. 2%/2=30. Units. This is the distance between the centimeter and its gene from where it crossed over. Discussion This experiment helped to further the understanding of reproduction in Sardinia familial under certain environmental conditions by observing the three types of spaceports patterns. S. Familial reproduced through Meiosis under minimal light and room temperature, creating an assortment of offspring. Two of the spaceports patterns produced are recombinan t, 2:2:2:2 and 2:4:2, therefore proving crossover occurred, shown in Table 1 . Above in Table 2, the recombinant percent frequency of crossover is just over 61% and the map distance is around 30 units. Due to this percentage, believe crossover occurs more often in a certain environment because the percentage frequency is more than 50%. The high crossover frequency reflects map distance; the greater the frequency of combination between two genes, the farther apart they are assumed to be. The lower the frequency, the smaller the distance is between them (Salem). Since map distance can only go up to 50 units, our 30-unit map distance is more than half of the chromosome. This causes me to believe a lot of cross over happened during the two weeks of incubation. More than half of the ASCII found were crossed over, which causes me to believe Sardinia to has a high amount genetic variation. An organism whose offspring is genetically distinct increases the chances of survival (Salem). Would say S. Nicola has a good chance of reproducing and thriving with the amount of recombinant found during lab. From the results, I conclude the room temperature and minimal light in lab affected the outcome of crossover frequency in Meiosis. Some challenges did arise during the lab. One issue we faced was the difficulty of placing the agar in the plate; it kept sticking to the razor blade because it was so sticky. Eventually, the agar were placed in the correct positions, it just took awhile to get them there. The other issue occurred during incubation, which caused a lot of the class Sardinia to be unusable, so groups had to share the usable Sardinia. My Sardinia was one of the ones deemed unusable; therefore I had to share another groups Sardinia. Was surprised to find some differences in the class and section data of recombinant. In the class data, there were more Type C ASCII than Type B and a 62. 1 % crossover frequency, but in the section data, there were more Type B ASCII than Type C and a 61. 2% crossover frequency. Its surprising to me how the number of ASCII types in the class and section data were not consistent. I would have assumed there would either be more of Type B or Type C in both analyses. What I find even more surprising is that despite the differences in recombinant amounts, the percentage crossovers are similar. Because the two pieces of data backed each other up, this could mean that S. Nicola has a crossover percentage around 60% if the growth conditions are room temperature and minimal light. When discovering crossover frequencies were consistent between the class and section, the percentages werent exactly equal to one another. This could possibly be the result of experimental errors. For instance, when scoring the ASCII, I found it difficult to keep track of the ASCII combinations I al ready found. There could have been combination patterns counted more than once on the same microscope slide, resulting in inaccurate data. In future experiments, I would recommend to somehow make aware of the ASCII groups already counted for to be sure the patterns wont get counted multiple times. Taking a photograph or drawing a picture of ASCII groups would be helpful. To back up the results of the experiment, the lab could be performed again, but differently. For future labs, more data should be collected. Adding more ASCII to the experiment would prove results to be more reliable. A higher amount of data will always have titer, more accurate results because there is more consistency of patterns. With more data, the process is more understood. Another alteration of the experiment could be changing the temperature and lighting during the incubation period. The temperature could be made cooler to resemble the North Facing Side of Evolution Canyon to prove the correlation of lower crossover frequencies with a lower temperature (Grabbed). Another possibility would be to make the conditions similar to the South Facing Slope by raising the temperature and increasing the light. Based off the current results, I would assume the crossover would be much higher with an increase in temperature and lighting. The experiment of S. Familial in the lab manual provided evidence that the environment on the South Facing Side causes more cross over between strains. Due to the fact the SF has more light and has a high temperature, I would think lab Sardinia could have an increase in crossover with brighter light and higher heat. This experiment involving Sardinia familial increases the understanding of how it responds to its environment through sexual reproduction. Lamb, Bernard. Inherited and Environmentally Induced

Hate Crimes essay

Hate Crimes essay Hate Crimes essay Hate Crimes essayThe terrorist attacks of September 11, 2001 have led to the considerable increase in the rate of hate crimes against Muslims in the United States. In the first year after the September 11 attacks, the percentage of anti-Islamic hate crimes in the United States rose up to 1,000%. The statistical data on hate crimes against Muslims living in the United States helps to reveal real causes of these practices in order to â€Å"allow law enforcement to accurately prosecute hate crimes on behalf of the community† (American-Arab Anti-Discrimination Committee, 2012). Post-9/11 anti-Muslim and anti-Arab backlash and discrimination affected local and global communities to a great extent. For example, employment discrimination, bullying in schools, insults and other forms of backlash make Arab Americans feel unprotected in the United States (Korgen Furst, 2012). According to recent report, â€Å"the effect on Arab Americans has been so dramatic, that a recent study shows that discrimination and prejudice against Arab-Americans leads to measurable psychological distress and reduced levels of self-esteem and environmental mastery† (American-Arab Anti-Discrimination Committee, 2012). At the same time, hate crimes relate to fear, frustration and/or ignorance because many Americans have negative views toward Arab Americans, and foster stereotyping and prejudice. Some individuals and groups believe that violence directed at Muslims, as a form of revenge, is acceptable more than a decade after 9/11 because of continuous hate toward terrorists. The creation of the anti-Muslim movement is based on two key tactics, which influence the lives of Arab Americans. First, many people consider that the actions of the most radical Muslims are focused on interpreting the Koran, while peaceful Muslims do not follow this way. Second, many people believe that individuals and organizations who promote the representation of â€Å"moderate Islam† in the U.S. a re secret agents operatives in the Muslim plan aimed at destroying the West (Steinback, 2011). Thus, the issue about hate crimes should be addressed in a proper way. Effective solutions should be found to prevent social harm inflicted by hate crimes.

7 Rules for Identifying People by Place Names

7 Rules for Identifying People by Place Names 7 Rules for Identifying People by Place Names 7 Rules for Identifying People by Place Names By Mark Nichol George R. Stewart, if he is remembered today at all, is noted as the writer of Earth Abides, a seminal work in the science fiction subgenre of the postapocalyptic novel. But to some language geeks he is hailed as an onomastician, a scholar of place names. Stewart, in the 1930s, is perhaps best known in the latter role for proposing a schema for how to identify someone according to their place of origin or residence. Journalist and scholar H.L. Mencken was reportedly so impressed with the following distillation that he named them Stewart’s Laws of Municipal Onomastics: 1. Add -n to a place name ending in -a or -ia (Atlantan, Californian). 2. Add -an to a place name ending in -i or sounding like -e (Hawaiian, Baltimorean). 3. Add -ian to a place name ending in -on (Washingtonian). 4. Change -y to -i and add -an to a place name ending in -y (Schenectadian). 5. Add -an to a place name ending in -o (Ohioan). 6. Add -ite or -er to a place name ending in a consonant or a silent -e (New Englander, Seattleite). 7. Delete -s and add -tan to a place name ending in -polis (Annapolitan, for Annapolis). That’s an impressive and helpful set of rules. Unfortunately, many people didn’t get the memo, so we find the rules widely broken. For example, someone from Florida is a Floridian, not a Floridan, and one writes of San Franciscans, not San Franciscoans. Parisians breaks the rules (it should be Parisite ouch or Pariser), as does Chinese (Stewart’s rule dictates Chinan). Then there are classical affectations like Cantabrigian (Cambridge), Novocastrian (Newcastle, in Australia), and Oxonian (Oxford); more or less well-known foreign language alterations such as Flemish (Flanders), Madrileno (Madrid), and Muscovite (Moscow); and references some famous, others obscure based on state nicknames, think â€Å"Bay Stater† (Massachusetts), Hoosier (Indiana), and Nutmegger (Connecticut). Thus, like many other attempts at codifying human behavior or custom, Stewart’s laws are breached as often as they are observed, but they’re still a useful guideline. Ultimately, though, let your fingers do the walking through a dictionary, geographical dictionary, atlas, or other resource. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Punctuating â€Å"So† at the Beginning of a Sentence50 Idioms About Meat and Dairy ProductsHow to Send Tactful Emails from a Technical Support Desk

Report on the net export component of the aggregate expenditures for Research Paper

Report on the net export component of the aggregate expenditures for the Manitoba macroeconomy - Research Paper Example h in exports was strong in the three year period of 2004 to 2007 but negative growth in exports was experienced by the economy partly in 2008 and more pronounced in 2009. The exports amounted to 26.7 billion dollars in 2009. In spite of the decline in export growth the economy was the third highest in terms of export value. The chart below provides the evidence of the exports of the economy over a definite time period. The exports within Canada actually increased by about 2.4% in the year 2008 but the exports to other countries suffered a decline of 3.1% in the same year. The fall in exports in 2009 is the highest recorded data since 1981. The recession and the economic slowdown was the contributing factor to the slowdown. According to the Manitoba Bureau of Statistics the economy experienced an expansion of 2.2% in 2011. However, according to the major economic forecasters the GDP will increase by 2.4% and 2.2% in 2012 and 2013 respectively. The economy experienced second best annual growth rate over the period of 2006 to 2011. The following chart shows a comparison between the expansions of the Manitoba economy with that of Canadian economy (Province of Manitoba, 2012). The investment survey conducted by Statistics Canada published the report in February, 2012. They projected the capital investment in the economy to increase by 4.7%. This rate is below the rate of growth in capital investment of Canada which is at 6.2%. The private investment is estimated to achieve an expansion of 8.3% while the public investment will increase by 3.1%. The capital investment projection was revised to an expansion by 1.5% from the forecasted value. The total capital investment increased by record amount of 11.4 billion dollars for the year 2011. In the four year period ranging from 2006 to 2010 the economy surpassed the national annual growth in capital investment. In the first half of 2012, the exports on merchandises increased by 8.5% (Baragar, 2011). During the same time the

Why Caledonia Has to Adopt Free Cash Flows Approach and not Accounting Math Problem

Why Caledonia Has to Adopt Free Cash Flows Approach and not Accounting Profit Approach - Math Problem Example Moreover, it involves financial instruments such as inventory, which the corporation can easily convert into money. The cash flow statement can highlight the economic position of the firm and its solvency capacity within that financial period. Alternatively, the accounting profits refer to the gain or loss of the investment of the entrepreneur after the accumulative revenues are subtracted from the expenses (Profit ? = Revenues – Expenses). In addition, the net income is for the whole year (Wayman, 2010). For most corporations, revenues are realized when the money is earned but not received. This means some items can be sold on credit and recorded on the Income Statement as sales even if the money is not actually received. Why Caledonia has to adopt free Cash flows approach and not Accounting profit approach According to Mulford & Comiskey (2005), both the cash flow methods and accounting profits are methods that corporations use to assess their economic performance. However, the concepts of computing these two formulas are different and constitutes of different elements. Cash flows have several qualities that make it preferable than the accounting profits. First, cash flows consider the time value of transactions and money, which is important for the business. It considers the money value in a particular period has a different purchasing power than in a future period. Clearly, numerous economic conditions influence the fluctuation of prices and the accounting profits do not consider this. They assume the price remains constant for a particular economic period. For example, oil prices are affected by global factors such as depletion of oil wells, shortages or regulations, which cause the frequent alteration of the prices to meet the contemporary financial situations. In this instance, the cash flow approach will realize the inflows and expenditures of the new prices of the commodity according to the time of occurrence. Whereas the accounting profit model ignores this and uses the average price of the year in computing its revenues. Therefore, the corporation will be able to measure their liquidity situation more efficiently and thus this will help them in planning their operational functions better. Besides the cash flow model emphasizes real time payment unlike accounting profit is realized later ((Mulford & Comiskey, 2005)). If the corporation acquires finances directly after sales, they can use it when a great opportunity arises. They will not have to postpone their prospects since they have sold items on credit and do not have the actual money. Secondly, the accounting profit approach considers depreciation as an expense item and this is not an actual expense item (Mulford & Comiskey, 2005). Therefore, if the depreciation increases this will mean that the expenses will increase but this is not reflective of the true expense of the business. It is a non-cash amount that the corporation assumes it affects the profitability of the business. However, the cash flows ignore depreciation as cash expense since it does not have a monetary value. If Caledonia utilizes the cash flow approach, its profits will be higher and reflect the true cash position of the business, unlike a net profit figure which will be lower since it comprises of depreciation. Finally, the cash flow method is essential for capital budgeting which requires comparison of the benefits and costs (outflows) of the investment they are taking (Wayman, 2010). Since the cash flow method considers the cash values of the projects, it can be an appropriate basis to calculate the financial progress of the investment. Consequently, the accounting method disregards the cost at the time of initiation of the project. The

Intel Corporation Case Study Example | Topics and Well Written Essays - 1000 words

Intel Corporation - Case Study Example Cliff Edwards (2006) mentions the changing culture in the Intel Corporation. During the term of Andrew Grove, his motto was "Only the paranoid survive". He and former chief Craig Barret introduced the manner of giving out money to some computer makers for joint advertising. During the term of new CEO, Paul Otellini, his diplomatic nature made him adopt his motto of "Praise in public, criticize in private". (Edwards, 2006) Edwards (2006) mentions the changes that are pushed by Intel Chief Marketing Officer Eric Kim on the Intel brand. Kim suggested to stop the manufacture of old models that were created during the tenure of former Intel Chief Executive Andrew Grove and focus on the new ones. Kim wanted to retain the Pentium brand. Figure 1 shows the evolution of the Intel brand logo from which according to Edwards (2006) had a "dropped e" until the new Intel brand logo which according to Jeff Adkins (2006) is to be launched in 2010. Intel's CEO Paul Otellini supported the move of reforms on the company. He wants to produce products not only for personal computers but also on consumer electronics, wireless communications, and health care. Edwards (2006) identifies the reason for this change which was the decreased revenue growth for computers because of added competitors like mobile phones that also have features similar to computers. Aside from Intel's main products, the microprocessors, Otellini wants to produce all varieties of chips and software and combine them into "platforms". (Edwards, 2006) III. STRATEGIC CONTROLS AND IMPLEMENTATIONS In response to the reported drawbacks during the 2nd quarter of 2006 wherein Intel Corporation placed behind its rival chipmaker Advance Micro Devices Incorporated (AMD), Edwards (2006) reports that Intel Corp. began decreasing its prices of computer chips by at least 200 U.S. dollars. It also introduced its new processor the Intel Core 2 Duo which runs twice the performance of Pentium 4 desktop chips and saves more energy for laptop computers. For the older Pentium processors, Intel will continue manufacturing them for the people who have low budget allotted for purchasing computers. Edwards (2006) argues that if there will be a price war between Intel and AMD, Intel will come out benefiting from its larger sales through lower costs. Intel has better manufacturing techniques which give the company the room to lower its prices that will not affect the overall profits. Edwards (2006) adds that AMD can match the technology Intel has by the second half of 2007. (Edwards, 2006) Aili McConnon (2007) reports a manifestation of the vision of Otellini of developing products aside from computer microchips. The company has been developing a highly developed version of motion capture in which people will not need remotes to change the channels and volume of their televisions. (McConnon, 2007) This strategy is one way of promoting the brand in the entertainment arena. Bruce Einhorn (2006) cites another move for the company in making its products accessible by many people and the Kim's vision of improving the lives of people. In the case of China were Internet Caf computers reached 11 million units in 2006, the Intel management created a system in assisting in the management and update

Organizational Analysis Paper Essay Example | Topics and Well Written Essays - 2500 words

Organizational Analysis Paper - Essay Example ts of current policy regarding cash ordering systems, an assigned project team at SARAH proposed a somewhat radical change to internal processes and the much-required implementation of web-based, convenient cash ordering technologies. Despite the triumphs associated and a series of positive outcomes, failure to identify discrepancies in the implementation (including lack of on-the-job training and a variety of system glitches) have caused tremendous problems with the adaptation of the new cash ordering system. This report identifies the nature of these oversights and further proposes a step-by-step action plan for implementing change associated with the new, integrated technologies. Through extensive analyses, it was determined that employee training, feedback, and the creation of a culture valuing continuous improvement were necessary to streamline the new project at SARAH bank so as to provide increasing value to the organization and its customers. SARAH Bank is a flexible and progressive organization, focusing on contemporary leadership practices and continuous improvements both in terms of internal processes and customer relationship management. The vision of SARAH Bank is to emerge as the â€Å"Customer’s First Choice Bank†, however in order to make this goal a tangible reality, SARAH required significant strategic change which involved restructuring the organizational hierarchy and the adoption of new business models and internal philosophies. The organization is now heavily engrossed in the process of streamlining business functions to best accomplish its vision, including new acquisitions and the development of new products and services. These aggressive objectives had created a significant business challenge, specifically involving the efforts in adopting new products and associated technologies. The organizational unit responsible for the overall supply of cash to its branches and corporate clients within the State determined the necessity for a

Coup in Honduras of 2009 Research Paper Example | Topics and Well Written Essays - 1250 words

Coup in Honduras of 2009 - Research Paper Example At the same time, the 2009 Honduras coup demonstrated the weakness of inter-American system of conflict settlement, as well as the absence of political will on the side of the U.S. to live up to its own commitment to promoting the principle of legitimate elected government in the Western Hemisphere. The presidency of Manuel Zelaya proved to be marred by constant conflicts between the executive branch of government and the Congress and judiciary, with the latter being bitterly opposed to the redistributive economic policies proposed by the president. Even though Zelaya had been known as a relatively conservative politician before his election on 27 November 2005 , the program of reforms his government embarked on from 2006 onwards was roughly modeled on the measures undertaken by Chavez administration in Venezuela. Among the most prominent policy steps taken by Zelaya government, one should include such measures as the increase in minimum wage, the governmental efforts at modernizing the telephone system, and the general attempts at increasing the well-being of the socially disadvantaged strata of population. The populist socioeconomic program undertaken by Zelaya, nonetheless, relied on the growth in bureaucratic apparatus directly controlled by the president, which led to increase in corruption and notable authoritarian tendencies in the conduct of the government. The fact that the implementation of Zelaya’s policies coincided with the first shots of the global economic crisis being experienced as early as the late 2006, did not add efficiency to his government. Moreover, Zelaya’s foreign policy, which was aimed at limiting traditional ties with the U.S. and launching closer partnership with Venezuela and Bolivia within such inter-governmental structures and bodies as ALBA, alienated the wide strata of Honduran population that were opposed to increased entente with Chavez, as well as the traditional political elites that feared further ‘soc ialist’ policies and resented breaking ties with the U.S. The last factor that led to coalescing of anti-Zelaya forces around conservative opposition and the military was the president’s efforts at revising the national constitution that became the source of controversy in March to June 2009. On 23 March Zelaya declared his attention to add the fourth ballot to the future election that was to be held in November 2009. The president’s intention was that of convening the constituent assembly that was to revise the constitution of Honduras. A preliminary poll for ascertaining the desirability of convening the constitutional assembly was due to be held on 28 June 2009, according to Zelaya’s plans. The media controlled by traditional oligarchy launched an anti-Zelaya campaign, while the government made use of its new powers to impose pro-government reporting on some national media3. The resulting controversy pitted the key national political forces – th e Conservatives and Liberals – against each other, while the Liberal Party found itself split

Organizational Analysis Paper Essay Example | Topics and Well Written Essays - 2500 words

Organizational Analysis Paper - Essay Example ts of current policy regarding cash ordering systems, an assigned project team at SARAH proposed a somewhat radical change to internal processes and the much-required implementation of web-based, convenient cash ordering technologies. Despite the triumphs associated and a series of positive outcomes, failure to identify discrepancies in the implementation (including lack of on-the-job training and a variety of system glitches) have caused tremendous problems with the adaptation of the new cash ordering system. This report identifies the nature of these oversights and further proposes a step-by-step action plan for implementing change associated with the new, integrated technologies. Through extensive analyses, it was determined that employee training, feedback, and the creation of a culture valuing continuous improvement were necessary to streamline the new project at SARAH bank so as to provide increasing value to the organization and its customers. SARAH Bank is a flexible and progressive organization, focusing on contemporary leadership practices and continuous improvements both in terms of internal processes and customer relationship management. The vision of SARAH Bank is to emerge as the â€Å"Customer’s First Choice Bank†, however in order to make this goal a tangible reality, SARAH required significant strategic change which involved restructuring the organizational hierarchy and the adoption of new business models and internal philosophies. The organization is now heavily engrossed in the process of streamlining business functions to best accomplish its vision, including new acquisitions and the development of new products and services. These aggressive objectives had created a significant business challenge, specifically involving the efforts in adopting new products and associated technologies. The organizational unit responsible for the overall supply of cash to its branches and corporate clients within the State determined the necessity for a

Assessing Meaningful Use in stage two to improve quality of care Essay - 1

Assessing Meaningful Use in stage two to improve quality of care - Essay Example Among the hospital errors that take place every day in the healthcare setting, include errors during drug prescription, errors during treatment with wrong drugs prescribed, procedural errors, diagnostic and administrative errors that will easily be addressed. Moreover, the utilization of the electronic health information systems is fundamental to enabling a seamless flow of information throughout the mediation management system. The establishment and enactment of the information and communication technology is one of the most recent developments in the healthcare sector. This innovation is supposed to have an essential impact on the organization of the healthcare facilities; patients care, the performance of the healthcare practitioners and treatment management options once fully adopted. However, a seamless adoption of health care facilities accompanied by proper policies and guidelines seems to be hindering their appropriate use in this health care setting. More than half of the healthcare facilities in the United States have at least a basic electronic health record system but the stage two criteria of adoption remains as a great challenge for most of the facilities. Therefore, it is important to assess their use in stage two meaningfully in an effort of enhancing the patients care. According to Julia DesRoches, et al. (2014) the adoption process among major facilities has been slow and the patient’s adoption of the systems was even greater than the facilities did with electronic systems such as the electronic cards. While there is a common sequence underlying the rate of electronic systems adoption, the rate at which the systems will be followed to the letter will depend on the nature and characteristics of the facilities. However, in ensuring a higher rate of adoption, penalties will be asserted by the end of 2015 if

Harry Potter And The Order Of the Phoenix Essay Example for Free

Harry Potter And The Order Of the Phoenix Essay J. K. Rowling is the author of the Harry Potter books series that began with the book Harry Potter and the Sorcerer’s Stone while Warner Bros. owns the rights to produce the movies based upon the book series. The latest outing of the movie version of the book series is the adventure filled â€Å"Harry Potter And The Order Of The Phoenix†, movie number 5 of a 7 series film outing. Released in the year 2007, the CGI heavy film stars Daniel Radcliffe in the titular role together with Emma Watson and Rupert Grint portraying the highly important support characters of Hermione Granger and Ronald Weasley respectively. The now more light colored movie setting, when compared to the previous directorial jobs of Chris Colombus and Alfonso Cuaron, was imagined and crafted by the imagination of first time Harry Potter director David Yates. In order to be able to follow the story as it unfolds throughout the movie, one must be an avid Harry Potter book or movie follower for the storyline of the movie is not for the uninitiated and will leave any viewer without a background in the story series feeling frustrated and left out of some of the seemingly inside jokes being thrown around in the movie (e. g.  Who are you and what have you done with Hermione Granger? ) The film picks up the story from where the prior movie, â€Å"Harry Potter And The Goblet of Fire† left off. Harry is coming to terms with the death of Cedric Diggory at the end of the previous movie while also trying to figure out who he really is as a person. Is he a bad person trying to be good or, as his Godfather Sirius Black told him â€Å"just a good person to whom bad things happen? † All of his personal doubts make him choose isolate himself from even his closest friends because of the way most of the school views him as a liar. As a character, Harry develops like any normal teenage boy. He dabbles in the typical first love, first kiss, and often rebellious streak that his main nemesis, Lord Voldemort, portrayed in the film by the superb British actor Ralphe Fiennes, often takes advantage of. I observed this particular movie to be, in a a way, the coming of age for the students of Hogwart’s School Of Witchcraft and Wizardry. Although the screenplay writer Michael Goldenberg took tremendous amounts of liberties in the retelling of the book, the main plot and lessons from the book still managed to translate well to the big screen. After all, it is no joke trying to translate an 870 page book to the big screen with a running time of almost 3 hours. Die hard fans of the book will probably scream â€Å"Sacrilege! † at the way certain key elements that were perceived in the book, such as the magic mirror Sirius gave to Harry on Christmas Day, or the jinxed DA coins that Hermione gave to the member of their little organization in order to prevent the members from telling about what they were up to in the Room Of Requirement. But I guess that one will realize that all the key elements were retained within in one way or another. The fans will also most likely not appreciate the way certain duties in the book seemed to have gotten reassigned in the movie. For example, in the book, it was a member of the DA who told Prof. Umbridge about where their organization meets, not Cho Chang. What did help the story to move along quite well on film is the total cutting out of the minor subplots in the book that really had no place in the movie version. The real magic of the Harry Potter movie series seems to lie in the way that author J. K.  Rowling has managed to write a book series that mirrors the problems facing teenagers in such a way that the readers and the movie viewers who grew up with the story will be experiencing the same things almost simultaneously in real life. The movie has real lessons to teach, such as standing up and fighting for what one believes in, believing in yourself and accepting the consequences of your actions, and finally, knowing that there is always an easier way out of things but that may not always be the right path to take.

The History Of The Leadership Theory History Essay

The History Of The Leadership Theory History Essay Leadership can be defined as a persons ability to let others willing to follow leadership. Every organization needs leaders at all levels. Leaders can be found and nurtured if you look at the following character traits. Visionary leader has a clear, vivid picture of where to go, and firmly grasp that looks like what is success and how to achieve it. But it is not enough to have a vision; leaders also must be shared and put into practice. Jack Welch, the former chairman and chief executive officer of General Electric Company, said, Good business leaders create a vision, a clear vision, passion, vision and relentlessly drive it through. (Investing Value) The leader must be able to communicate, buy its followers in his or her vision. He or she must communicate clearly and enthusiasm, passion is contagious. Besides that, a good leader must have the discipline and single-minded in his or her vision, as well as to guide his or her actions, and to the goals of the team. The action is a sign of the leader. A leader does not suffer analysis paralysis, but the thing to do is always in pursuit of the vision, inspire others to do the same. The simplest definition for leadership is a leader having followers. According to Keith Grint, leadership is not simply to delineate a space in a language game, and it is not merely a game of sophistry; indeed, we dont need to agree on the definition but we need to be able to understand each others position so as to make sense of each others arguments (Grint, 2010). A good leader will lead the organization to a better future and also provide benefits to society. The characteristics of a leader also important because it may affect the society when the leader became the role model of the world. Peoples will practice what the leader done to become the way success. Objectives To learn more about those succeed leadership To identified the way of the leaders succeed To compare the similarity and the difference between those leaders To understand the characteristics of each leader Research methodology During this assignment, most of my information came from internet and also refers from some reference book to get more details to support what I need to do. Literature review The simplest definition for leadership is a leader having followers. According to Keith Grint, leadership is not simply to delineate a space in a language game, and it is not merely a game of sophistry; indeed, we dont need to agree on the definition but we need to be able to understand each others position so as to make sense of each others arguments (Grint, 2010). Leadership ability, which means that the leader has the ability to do something through talent and technology (Smith, 2010). Talent is natural and technical capabilities through training and experience. Talent is certainly helpful, but not required. I know many people are born with leadership close to zero, but become great leaders through training, experience, and most importantly, persistence (Smith, 2010). Good leadership is critical to a successful school. Success comes from aiming high with the clear vision, ethos and communication that good leadership brings. We will act to support high quality school leadership and inspired ambitious school communities. (Ambitious, Excellent Schools Our Agenda for Action, Scottish Executive, 2004, p5) Even more recently, it is not an isolated activity, investment in a person, but all kinds of people, and contributes to the leadership of effective leadership, leadership distribution. If this happens, then the leadership willing to go beyond the individual management training, the need to obtain a wider development team leadership: leadership skills, how to develop? The new qualification is called the National Professional Qualification in Integrated Centre Leadership (National College for School Leadership, 2005): It is acknowledged that the early leadership with distinctive emphases, especially in the development of integrated services and hybrid models of the staff continue to be a feature of the early childhood work. One view was that the leadership is personal qualities, therefore, the single leadership role, the concept of competition and power of the built-in (Thornton, 2005) does not sit easily with the cooperation of the way early childhood education practice basis. Early years before school services are often non-hierarchical, and the majority of women workers (Ebbeck and Waniganayake, 2003; Rodd, 2005). Fairly flat structure means, assigned leadership models are often enough to be the priority in the early childhood setting, although in pen green (Pen Green, 2005) asserts that if we transform the life chances of children can only be completed by the far-sighted leadership. Early childhood sector continues to grow; we are now the majority of families use of pre-school education (Scottish Executive, 2004a). These different settings often have a different concept, structure and quality assurance of various models: Muijs et al (2004) report that they are inspected by different bodies. Solly (2003) conducted a study finds that there is regarded as a leader in setting the differences in the various types of child care. Pre-school, primary school, private and voluntary settings, respondents believe that a single leader, but a formal leadership kindergarten celebration and centers of excellence provide a broader interpretation. Early education to clarify their leadership, according to a different set, they are based. For example, Osgood reported that private sector providers are easier to apply business principles, a set of management and volunteer management department set less comfortable with entrepreneurship agenda (Osgood, 2004). Management kindergartens tend to have a collaborative leadership and community-centered way, jeopardize the gains for fear of competition (Osgood, 2004). The leader sex may be a way, in addition to the education sector leadership in early childhood. Rhoda (2005), women determine the concept and need to be led by the question: What kind of leadership could mean that early childhood services, they may lack of understanding. Involving sets (Dunlop, 2005), the relationship between the concept of leadership in the department, has more in common with early childhood education teaching method than the traditional business philosophy, leadership. There is a view that the different leadership styles of men and women leaders: Recent research has provided no evidence to support this (Muijs). However, Solly (2003) found that the majority of early childhood leaders, in his study that the difference between the department and other leadership styles. A social constructivist mode of learning often early years, advocates, Solly found that leaders of early childhood education itself active learning tendency to make others. The participants felt that the advantage of their own propaganda, inspiration, enthusiasm, and spirit, are lifelong learners and teamwork (Solly, 2003). In my opinion, I do agree that some leader was born to be but most of them were made. Nobody will be the perfect one but after trained, most of the attitude will bring up after training to become a leader. Finding The leaders that I choose for my assignment is the co-founders of Amway Richard Devos and Jay Van Andel, and the chairman of Shangri-La Hotels and Resorts chain Robert Kuok Hock Nien. Background Richard Devos Mr. Richard M. DeVos, the rich is the co-founder of the Amway Corporation, and served as vice president. Rich DeVos met a founding partner of Amway Corporation, the lifetime friend Jay Van Andel in high school Houdiweishi willing to pay 25 cents a week, bike to school. In 1949, Mr. DeVos formation of JA-RI, and began selling the product direct sales basis. In 1959, he founded Amway Corporation (short form as American Way) and Van Andel and start selling to friends, family, and door-purpose cleaner. DeVos to step down in 1993, Doug, his son took over as president of the company. In October 2000, Amway has been one of four subsidiaries of a new holding company, Alticor, Access Business Group LLC, a provider of business services, and Jetstar operations in North America, based on the Web three sister companies: Access Business Group LLC., a business services provider, and Quixtar Inc., a Web-based business in North America. He served as the founding chairman of the National Organization on Disability. He is the Chairman of the National Basketball Association. He served as chairman of the Direct Selling Association. He served as a director and founder of the company Alticor. Amway Chairman of the Foundation for the Protection of the Environment, he served as a board member of the National Organization on Disability, the Board of Directors, Gerald R Ford Foundation: Member, Board of Directors, the governor of Florida; Northwood University the Council freedom trustee: an honorary member of the Committee, DeVos Childrens Hospital; researcher, the worlds scholarship at Duke University, Edinburgh Award, Newcomen Society: Board of Directors of the past, the spectrum of health; container president, before the fiscal Chairman of the National Policy Committee, the Republican National Committee, the Chairman of the Committee of AIDS past members. He was in the U.S. Air Force 1944-1946. A well-known speaker, Mr. DeVos has appeared around the world hundreds of thousands of people. Recorded lectures, sales to the United States, free economy Education Foundation, the Alexander Hamilton Award, he wrote three books: believe, compassionate capitalism, and I sincerely hope that ten lessons in life and I really hope, 10 lessons of 71-year-old, his heart transplant, and provide such perseverance, confidence, confidence, respect and faith, life, life-changing experience. September 1991, Mr. DeVos and his family obtained the National Basketball Association, the Orlando Magic franchise he received numerous awards and honors, including: Davenport University Outstanding Business Award 2000: We can make a difference to pay tribute to the life Award in 1999 from West Michigan, the government hopes, Humanitarian Award, in 1999, the American Spirit Award, the Republican House of Representatives and the Senate in the 1998 Junior Achievement National Business Hall of Fame in 1998. Professor Horatio Alger in 1996 Horatio Alger Award, Edison Award in 1994 by the American associate professor of marketing: a year in the Adam Smith Free Enterprise Award from the American Legislative Exchange Council 1993: Donald J. Potter Humanitarian Award by the YMCA Heritage Club Grand Rapids, Michigan in 1993, the social responsibility of entrepreneurs year 1992, the annual implementation, sales and marketing, University of Arizona, 1991: William Booth Award Salvation Army in 1990, appointed by the competent international school achievement Charter in 1990, the United Nations Environment Programme Achievement Award of the organization, to accept on behalf of Amway in 1989, Napoleon Hill Gold Medal Corporate Achievement Award in 1989, greatly Grand Rapids business hall of fame in the 1989 Entrepreneur of the Year in 1988, the University of Missouri, 1979 Direct Marketing Association Hall of Fame Award, Outstanding Management Award, Industry Week, freedom of speech, Thomas Jeffer son Award, Kiwanis: American Enterprise award-winning senior management of National Association ; can accommodate 10 honorary doctorate degrees different colleges and universities throughout the country, and honor due to OMICRON Delta Kappa, the national leadership of the association. In April 1998, his family through the RDV sports was named WNBA franchise the right International in Orlando Miracle Mr. DeVos and his family have Orlando Sun Bear Hockey League. He is a Grand Rapids Christian high school graduates and participants Calvin College in Grand Rapids. Today the company, now operated by Alticor in 2000 after the reorganization under the umbrella of the revenue of $ 10.9 billion, 17% in 2011, the 11th time in 12 years the company has recorded an increase in sales. DeVos also owns the Orlando Magic. He built a new arena for the team at the Amway Arena in 2010, $ 480 million. Jay Van Andel June 3, 1924, was born in Grand Rapids, Michigan, died of Parkinsons disease, December 7, 2004, in Ada, MI. Entrepreneurs. Van Andel has become a pilgrimage site belong to evangelical Protestant denominations, Christian Reformed Church Dutch immigrants. Christian high school in the city, the Van Andel and DeVos, began his flight school after returning to service in the Army Air Corps during World War II. They opened a restaurant in the hard butter hamburger fry recipe from their mother, but later sold to the two companies, and buy a Caribbean cruise. They plan to start a business seagoing, but they returned to Cuba and Grand Rapids near the ship was damaged. Amway co-founder Jay Van Andel, grown into one of the most impressive and controversial success story in the U.S. business. Van Andel architect Amway attractive direct marketing strategy, through personal contact network sales of consumer goods, but the company from consumer watchdog groups, sometimes attracted unfavorable attention. Along with the long-term business partner Richard DeVos and Van Andel is the most prominent business leaders in a Michigan Republican and conservative political causes and generous contributions. Van Andel and DeVos business, import and export called Nutrilite supplement manufacturers. Use what they have learned, from the sale of your friends and family, they founded Amway in the basement of the family Van Andel in 1959 LOC, full-featured household cleaners. Their company name to American way, and relies on a multi-level marketing scheme. New sales recruits will buy the goods and the price tag as an independent distributor for sale to others. However, the key to success is to recruit other people to join the team to grow sales, independent distributors will receive a percentage of the profits from sales of their recruits; returns. Van Andel wrote all sales and marketing materials in the early stages of Amway expanded to include self-help books and tapes incentives. Also to be sold to independent distributors of new recruits and various brands of Amway products gradually extended to almost all consumer goods, from soap to vitamins. Amway basic knowledge of free enterprise, and motivate the sales mix is à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹not without its critics, and some are not satisfied with the members who claim that the company is what is essentially a large-scale fraud. It was investigated by the U.S. Federal Trade Commission for several years, but the founder is connected to the Grand Rapids birth Republicans will go to the White House in 1974, Gerald Ford, to help it to avoid further investigation. Amway cannot escape investigation, however, making a false report tax evasion charges brought in 1983 by the Government of Canada through the United States and Canada boundary value goods. Amway paid a fine of $ 58000000, which is the largest ever imposed on Canadian history. Amway was an international context and a large number of members in China and other Asian countries during the 1990s. The company eventually changed its name to Alticor, is considered worth $ $ 62000000000 in 2004. Van Andel retired in 1995, will no longer serve as Chairman of the Company, and continue to be involved in philanthropy. He and DeVos generously to various city cultural institutions Grand Rapids, in various projects, bear the name of Van Andel Van Andel Institute, dedicated to education and medical research. He also funded a plant in Arizona, hoping to prove through scientific methods, that the world is the highest in six days, the Christian Bible. He is also an enthusiastic donor to Republican coffers and donated $ 2000000 in the presidential campaign in 2004, the United States, resulting in a series of television commercials, questioned the value of the Democratic Party, the White House is hoping John Kerry (John Kerry) the development and experience of the organization . Big Rapids Hoekstra married Betty Van Andel in 1952, he had four children. He owns a private island, and later years, Van Andel died in January 2004 in the British Virgin Islands family where he spent his last few weeks, too. He returned to Michigan and December 7, 2004, aged 80, after suffering from Parkinsons disease for several years, died at his home in Ada, Michigan. He is survived by his son, Steve, and Dave, his daughter Nan and spines, and ten grandchildren. Forbes estimated his personal wealth at $ 29 billion. For me, the biggest source of pleasure rather than the acquisition of material things are endless, but to create wealth, give up, he wrote in his autobiography of 1998, a proactive life, according to Uncle Adam. Mr. Sitan in the Washington Post. The job of everyone on this planet is the ultimate glory of God. Van Andel died in 2004 at age 80 due to heart failure. Robert Kuok Hock Nien Robert Kuok was born on October 6, 1923, in Johor Bahru and his three brothers, youngest. He is an influential member of the Malaysian Chinese business. According to Forbes magazine estimated his net worth is about $ 90 billion, which makes him the richest man in Southeast Asia. In addition to a large number of enterprises in Malaysia, his companies have investments in many countries in Asia. His business interests consist of sugar cane plantations (Perlis Plantations Bhd), sugar refining, flour milling, animal feed, oil and mining to finance, hotels, real estate, trade and transport (International Shipping Corporation, Transmile Group) and publications. Just like Boon Siew and Lim Goh Tong, who emigrated from China, Kuoks father arrived in Malaya from Fujian, China in the early 20th century. And unlike the late Boon Siew and Goh Tong, Kuok is an educated rich man (Unknown, 2010). He received his early education in English schools and then enrolled into Raffles College in Singapore, with Lee Kuan Yew as one of the classmates. He had a short stint working with Japanese companies, Mitsubishi after studies at Raffles was stopped because the invasion of Japan, before helping his father with the trade business. After the death of his father, Kuok and his two brothers have decided to continue the legacy business, starting with the distribution of sugar and some other commodities under the new post-colonial government (Ikhwan, 2011). Business skills they have picked up from their father, who is an avid trader. In 1961, he made a coup by buying cheap sugar from India before the price goes up. Kuok massive involvement in the sugar industry allows the company to be a supplier of open government and Kuok sugar refinery plant to grow again. At the height of his business, he has control of 80% of the Malaysian sugar market with production of 1.5 million tons, equivalent to 10% of the global export market, and so earned his nickname Sugar King of Asia. Encouraged by the success of his sugar business, Kuok has fastened his growing business into flour milling, shipping, logistics, oil and gas and hotel. His resurrections to success are fame and famous due to both his expertise in spotting opportunities and strong network with great people, corporations and governments. In 1971, he built the first Shangri-La Hotel in Singapore. His foray into Hong Kong property is in 1977, when he acquired a new piece of land reclaimed Tsim Sha Tsui East waterfront, where he built a second hotel, the Kowloon Shangri-La. Kuok controls the Shangri-La hotel chain and is the largest shareholder of Transmile Group Berhad, which is engaged in accounting irregularities scandal in 2007, the stock price goes down. In addition, he took Kerry Group a 34.9% interest in the South China Morning Post from Murdochs News Corporation in 1993. He said his hotel check every now and then to ensure that staff provides the highest quality service. There are times when he in vited the taxi driver for a free lunch at the hotels cafe. Kuok is considered a man of truth when dealing with people, including employees. There are stories Kuok sought permission from cabin crew to smoke in an airplane he owns. When the crew told him that he would not have to ask anyone, he responded by saying that he was only asked in a normal passenger capacity. His company has investments in many countries, including Singapore, Thailand, China, Indonesia, and Australia. Business in China includes 10 bottling companies Coca Cola, ownership of the World Trade Centre Beijing. Confirmed his political influence he was named by one of the childs future advisor Hong Kong in the run up to the transfer of sovereignty of Hong Kong, and minority interests in CITIC Pacific. He also played an important role in disseminating information and set up a meeting between Malaysia and China governments leading to full diplomatic cross recognition between the two countries. Kuok has married twice and has eight children. He officially retired from the Kerry Group on 1 April, 1993. Now, Kuok Khoon Ean, one of the sons of Robert, handles mo st of the day-to-day operations of the business. He was living in Hong Kong at this time. Kuok Group started business as Kuok Brothers Limited in the year 1949 in Johor Bahru, Malaysia, trading rice, sugar and wheat flour. Business activity expanded in 1953 with the opening of the Singapore Branch, Kuok (Singapore) Limited. From a humble beginning, the Kuok Group has grown to become one of the most diverse multinational conglomerate and dynamic in Asia. Driving force behind the growth of the Group is Kuok family, whose vision and commitment to hard work and excellence for more than two generations have made à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹Kuok Group market leader in many areas. From the beginning of its operations, the Group has set forth the basic values à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹of integrity, loyalty and discipline. These values à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹have served as the basis for achievement during the past 46 years. From a trading post established in Malaysia and Singapore, the Group has expanded its operations in the 1950s and 1960s to Thailand and Indonesia. It focuses on the activities of ancillary and related to growth, and also pursued new business and trade opportunities, particularly in commodities, resulting in a trading relationship with companies in Hamburg, Paris, London and New York. Hong Kong and China become the focus of further development in the region in 1980 after a group of senior man agers 1970sand established Kerry Holdings Limited in Hong Kong in 1974. The name Kerry has become identified with the Kuok Groups extensive operations in Hong Kong and China. The Group has built a management team with great depth and breadth of experience and knowledge. The team continues to focus on herself for the Groups business expansion, particularly in emerging markets in Asia, in areas that complement the Groups business, especially in emerging markets in Asia, in areas that complement the Groups interests and expertise. Central to its future growth is a commitment to maintain the values à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹that lie at the heart of the Kuok Groups success. To spend money is to earn money.If the food in the staff canteen is good, the food in the hotel is good. (Quotes from Robert Kuok) Company profile Amway (Amway) People helping people, people live better life. Amway is one of the worlds largest direct selling businesses powered by: Brands That Do Wonders Opportunities That Empower Relationships That Endure Global Citizenship Thats Purposeful Amway is above all a family company. Steve Van Andel and Doug DeVos lead a diverse global management team that supports distributors and their goals. Jay Van Andel, said of the company, AMWAY gets people into a new life of excitement, promise, profit, and hope. AMWAY now operates in over 80 countries and territories around the world. For over 50 years, Amway continue to build on the original values and principles established by our founders to ensure the passion for the business stays alive.    Freedom Personal opportunity and economic opportunity go hand in hand. With AMWAY you have the freedom to change your life by owning your own business. Family We all need family to cheer us on. We are all members of the global Amway family we respect and take care of each other to foster success. Hope Inspiring you to dream bigger. Amway creates an environment where hope can thrive. Reward Happiness is best achieved through earned success. Amway rewards what you achieve, and also what you help others achieve. Vision and values We work each and every day to help people live better lives. We achieve our vision by helping people everywhere discover their potential and achieve their goals by offering better brands and opportunities for the future, and by sharing generously with the global community. To help us realize our vision, we have six enduring values that the business has been built on. Said co-founders of Amway. Partnership AMWAY is built on the concept of partnership between the co-founders. The partnership that exists among the founding families, employees, and business owners is our most prized possession. We always try to do what is in the long-term best interest of our partners, in a manner that increases trust and confidence.    Integrity Integrity is essential to our business success. We do what is right, not just whatever works. AMWAYs success is measured not only in economic terms, but by the respect, trust and credibility.    Personal Worth We also acknowledge the uniqueness created in each individual. Every person is worthy of respect, and deserves fair treatment and the opportunity to succeed to the fullest extent of his or her potential.    Achievement We are builders and encouragers. We strive for excellence in all we do. Our focus is on continuous improvement, progress and achievement of individual and group goals. We anticipate change, respond swiftly to it, take action to get the job done, and gain from our experiences. We encourage creativity and innovation.    Personal Responsibility Each individual is responsible and accountable for achieving personal goals, as well as giving 100 percent effort in helping achieve corporate or team goals. By helping people help themselves, we further the potential for individual and shared success. We also have a responsibility to be good citizens in the communities where we live and work. Free Enterprise We are proud advocates of freedom and free enterprise. Human economic advancement is clearly proven to be best achieved in a free market economy.5.2.2 Shangri-La Hotels and Resort Chain (Shangri-La Hotels and Resorts) The Shangri-La story began in 1971 with their first deluxe hotel in Singapore. Inspired by the legendary land featured in James Hiltons 1933 novel, Lost Horizon, the name Shangri-La encapsulates the serenity and service for which of their hotels and resorts are renowned worldwide. Today, Hong Kong-based Shangri-La Hotels and Resorts is Asia Pacifics leading luxury hotel group, Shangri-La Hotels Group are also regarded as one of the worlds finest hotel ownership and management companies. With 75 hotels and resorts throughout Asia Pacific, North America, the Middle East, and Europe, the Shangri-La group has a room inventory of over 30,000. In addition, new hotels are under development in mainland China, India, Malaysia, Mongolia, Philippines, Qatar, Sri Lanka, Turkey and United Kingdom. The Shangri-La S logo, which resembles uniquely Asian architectural forms, suggests majestic mountains reflected in the waters of a tranquil lake. Shangri-La Hotels are five-star luxury hotels located in premier city addresses across Asia, Middle East, North America and Europe. To treat a stranger as one of our own characterizes the hospitality one can expect from Shangri-La. Discerning travelers will enjoy world-class service amidst tranquil surroundings, coupled with inspirational architecture and design. The finest dining experiences at every hotel and resort ensure that every palate is pampered. But what makes each stay truly memorable is something even more exquisite and rare Shangri-Las special kind of hospitality. Hospitality from the heart. Shangri-La Asia Ltd. is the Asias leading luxury hotel and the fastest growing group. The company, part of Malaysias Kuok Group, operates 45 hotels across Asia. In2005, the company also started to drive to the markets of Europe and North America, including the launch of the construction of the first hotel in Europe, in London, is expected to be completed in 2009. The company also opened its first hotel in the Middle East, in Dubai, and the Maldives. Mainland China, however, form the heart of the empire, with more than 20 hotels in operation, and at least 15 more are expected to open before 2010.Shangri-La is unusual among international hotel companies that it owns the bulk of its hotel. So, the hotels under management are not fully owned by the group, most of which are owned by other companies Kuok Group, and especially by the major shareholders own Shangri-La, Kerry Properties Ltd. Shangri-La hotel mainly operates under the luxury, the five-star Shangri-La brand. The company also op erates a small number of mid-range business-oriented hotel Traders. Listed in Hong Kong and the Stock Exchange of Singapore, Shangri-La remains a small part of the Kuoks business empire. However, founder Robert Kuok holds an active interest in the group, and has expressed his desire to see Shangri-La achieve 100 hotels in life. In 2004, the company recorded revenues of $ 726 million. Inspired by the legendary land featured in James Hilton novel Lost Horizon published in 1933, the name Shangri-La include relaxation and services Shangri-La is renowned worldwide. The group has two brands of Shangri-La and Traders hotels. Shangri-La properties are particularly luxurious five star city centre and resort hotels with the majority of city centre hotel has over 500 guest rooms, while the resort properties tend to be a little smaller. Shangri-La tradition of service excellence begins with the opening of Shangri-La Hotel, Singapore in 1971. These 15 acres of landscaped gardens, the rooms are beautiful and gracious Asian style set a new standard for excellence in the hotel, which to this day continues to guide the design characteristics of the group. Training is a priority Shang ri-La and important source provided annually to ensure employees have the skills and knowledge to be the best in their respective fields. This has earned awards and recognition from the international group of guests, prestigious magazines as well as industry partners and made à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹Shangri-La hotel one of the employer of choice, with more than 30,000 people serving guests with a philosophy of Shangri-La Hospitality from Caring People. Since its origin, the group has grown rapidly to meet the growing demand for deluxe hotels and resorts in Asia Pacific and the capital of the most sought after leisure destinations. Today, there are 65 properties, which are only 18 third-party management agreements, across Asia-Pacific, North America and the Middle East, representing a rooms inventory of over 28,000. In addition, there are over 40 projects under development, including the location in Austria, Canada, mainland China, France, India, Macau, Malaysia, Philippines, Qatar, Russia, Seychelles, United Kingdom and United States. Shangri-La also operates its own dedicated sales and marketing office in Hong Kong, Beijing, Shanghai, Guangzhou, Singapore, Tokyo, London, Los Angeles, New York, Sydney, and Dubai. The group was linked to 30 frequent flyer p