Company Law Coursework Example | Topics and Well Written Essays - 2000 words

Company Law - Coursework Example Sale of DVD players can be impacted due to recycling old DVD players and hence investing in both the companies results in conflicts of interest. According to section 175, it is the duty of a director to avoid a situation in which his direct or indirect interest conflicts with the interest of the company in which he is already a director. It is not an infringement if the situation is not likely to give rise to conflict of interest or if the investment is already authorised by the board. In the new Act, shareholders’ approval of the conflict of interest is required either by resolution or by Articles. 2,3. In Boardman v Phipps4. the defendant had acquired special knowledge by virtue of being his solicitor and abused it for his personal benefit along with another. Held that as a fiduciary, he should have avoided conflict of interest. In Peso Silver Mines Ltd. v. Cropper,5 a leading Canadian case law involved conflict of interest arising out of fiduciary duty, the defendant took a dvantage of a rejected business opportunity by the plaintiff and utilised it for his personal benefit along with others. ... he resigned from the plaintiff company and secured the contract meant for plaintiff company in the name of his newly formed company.8 Another relevant case is Bhullar v Bhullar 9 wherein the principle of directors avoiding conflict of interest has been upheld. It was held that failure to pass information to the company about a business opportunity and utilising it for personal benefit amounted to breach of duty against conflict of interest. This put to rest the decision in London and Mashonaland Exploration Co v New Mashonaland Exploration Co10 that â€Å"directors did not have a duty not to place themselves in a position of conflict†11. In Plus Group Ltd v Pyke12, it was held that it was not a breach of fiduciary duty to work for a competing company as he had been effectively excluded from the company of which he continued to be a director. 13 A codification of common law, section 175 can apply to multiple directorships apart from exploitation of property, information or busi ness opportunity a director is able to access by virtue of his position. The director’s duty to inform conflict of interest cases even if the company or the directors are not interested in them. This statutory duty is not breached if already authorized by the company in the prescribed manner. Originally shareholder could only authorize such a conflict of interest. Now under the statute, in the case of a private limited company, it can be authorized by other directors who have no conflict of interest in the particular matter, provided the company’s articles also permit. In the case of a public limited company the non-conflicted directors can authorise provided the articles specifically permit it. If all the directors are conflicted, then shareholders’ approval will be required. This duty came

History of Blackpool - growth and decline Essay Example for Free

History of Blackpool growth and decline Essay For the majority of the 19th century Blackpool was a small fishing village, which received small numbers of upper class visitors who came due to the supposed healing capabilities of the coast, and its fresh air. This changed in 1846 with the creation of a railway line going up to Blackpool, which made travel to the area cheap and affordable for the public. The majority of those who decided to visit Blackpool were factory workers and their families who came from cities like Liverpool and Manchester. Due to air travel being very expensive at the time and only the rich could afford to go abroad. Blackpool became the destination to go to for the working class during their holidays. Blackpool recognised their popularity and over the years constructed three new piers to house new attractions. Three new piers were constructed, named the North, Central and South Piers and were constructed in 1863, 1868 and 1893 respectively. The Winter Gardens, which was effectively an indoor mall, was set up in 1878 and housed an opera house and a theatre. The Blackpool Illuminations, which were put up a year later, and the Blackpool Tower, built in 1894, which housed a Ballroom, Circus Hall and an Aquarium, accompanied this. Due to all these attractions Blackpool became a major tourist destination. In 1930 7 million tourists came to the area and this number increased to 17 million in 1950. Blackpool’s Decline Blackpool began to enter its decline period during the mid 20th century onwards. During this time the disposable income and free time of workers started to increase. This combined with cheaper air flight tickets and package holidays meant that people could go abroad for the first time in their lives. France and Spain were the most popular destinations and over the years started to gain more and more tourists. This took away from the number of people visiting Blackpool. As an attempt to claw back tourists hotels and restaurants in the area started to dramatically decrease their prices with the aim of attracting more tourists. This ended up having the opposite effect. While more tourists did come to the area, they were more downmarket than what Blackpool used to receive. The new crowds attracted by Blackpool were seen as antisocial and unpleasant and removed the family friendly nature associated with Blackpool. The loss of families as potential tourists was a major blow to Blackpool and further added to its decline. Blackpool’s Rejuvenation Recently Blackpool has made attempts to restore its status as a popular tourist destination. Winter Gardens was bought from its private owners and brought back into the public market and a contract with Merlin was made to include the Blackpool Tower with its other hosts of amusement parks. Additionally ? 300 million was spent in improving the state of Blackpools infrastructure. While the effort is helping Blackpool it isnt increasing its status as a tourist destination. Instead of entering Rejuvenation Blackpool has entered a state of slowed decline.

Power & Authority :: essays research papers

Week 9 Essay 1 Power and Authority   Ã‚  Ã‚  Ã‚  Ã‚  Although they are very closely related, power and authority are two different concepts. Power is needed in order to establish authority, yet it is also completely distinct from authority (Week 9 Study Notes).   Ã‚  Ã‚  Ã‚  Ã‚  Power is defined in the course study notes as the â€Å"ability of individuals or groups to get what they want despite the opposition†. Power is derived from a variety of sources including knowledge, experience and environmental uncertainties (Denhardt et al, 2001). It is also important to recognize that power is specific to each situation. Individuals or groups that may be entirely powerful in one situation may find themselves with little or no power in another. The county Registrar of Voters, who is my boss, is a perfect example. In running the local elections office, she can exercise the ultimate power. However, in a situation where she attempted to get the county selected for a desirable, statewide pilot project, she was powerless, completely at the mercy of the Secretary of State. Power is difficult to measure and even to recognize, yet it plays a major role in explaining authority. In organizations, power is most likely exercised in situations where à ¢â‚¬Å"the stakes are high, resources are limited, and goals and processes are unclear† (Denhardt et al, 2001). The absence of power in organizations forces us to rely on soley hierarchical authority.   Ã‚  Ã‚  Ã‚  Ã‚  When power becomes legitimate, it is then recognized as authority (Denhardt et al, 2001). Power becomes authority when it is accepted and even desired by society. As stated by the course study notes, â€Å"authority refers to a situation where a person (or group) has been formally granted a leadership position†. An individual has authority when everyday norms and regulations support the exercising of power by that individual. In an organizational setting, â€Å"authority is hierarchal and vested in positions† (Week 9 Study Notes), which are defined by â€Å"organizational charts, positions and rules† (Week 9 Study Notes). Generally, power in authority also involves the possibility of rewards such as promotions and good performance reviews.

Suitors and Courtship in the Lower Middle Class in Victorian Times Essa

Eligible Bachelors: Suitors and Courtship in the Lower Middle Class Trying for social advancement, single men and women of the lower middle and upper working classes sought to assume the Victorian middle class rituals of courtship and engagement. Accordingly, this aim joined with the poor finances key to these classes to lead to the complicated struggle of the bachelor. A Suitable Suitor To be considered an appropriate suitor to a lower middle class woman, a man of similar station must address and fulfill several conditions. The importance of class, wealth, and status surfaced in that the â€Å"main requirement for a man was that he be a good provider† (Frost 82). Before attempting an engagement, a man â€Å"had to wait to inherit land or money with which to start a farm or small business† (Frost 62). Economically strained, couples â€Å"had to save carefully before setting up a household;† thus, the engagement period greatly exceeded the courting phase by two to eight more years among the lower middle class (Frost 62). Other factors, such as age, religious beliefs, and compatible temperamen...

Mc Donald’s and the Health and Tick Approval

At the advent of problems, McDonald’s is torn between choices of actions.   Finally, it learned to adopt to change and impose innovation in its system which in turn brought positive effect on the company.   Upon the advice of the Public Relations agency, the company made necessary action to counteract against bad publicity; and the most important among the strategies is the Heart and Tick Approval.IntroductionGlobally, McDonald’s offers what people need in this period of globalization.   The American culture of fast food chain as a place for people who could not afford to prepare foods at home since both parents are working began to penetrate Asian culture.   In the same thought, McDonald’s became a place to celebrate birthdays and to engage in conversation.   Generally, fast food chains like McDonald’s is a good place to go for busy people who seek the comfort of living.   Mc Donald became part of the culture of the modern times.Mc Donald†™s after the controversial ads â€Å"the Super Size Me† of Spurlock had come up with a strategy to regain their control of the market in terms of fast food at least to create a positive image on their company as being concerned with the health of its patronage. This particular strategy which they had adopted was the Heart and Tick Program that tests the product from unhealthy ingredients that may harm the product and the consumers as well.   The program uses the symbol heart which means that the food is heart-friendly.For some, this symbol on the label of every product of McDonald’s is a kind of exploitation because they use it as their promotional strategy.   The heart of the Foundation itself gives a subconscious message that stirs the mind of the consumers trying to deceive them by telling that McDonald’s product are good when they are not.Though in previous years, McDonald’s had been perennially successful, yet due to the decline of its shares a nd sales in 1998, had devised a strategic plan that brought change to the company’s perspective in response to the controversy.   This leads for the introduction of the Health choices and the tick approvals known as the Heart Foundation.The changes that have been taken by the company are the result of the many controversies that challenged the popularity and sincerity of McDonald in its ethical obligation to environment and to its consumers.   This is because the company is resistant to any forces that may alter change.Generic Change Tools or Solutions AppliedThe â€Å"Super Size Me† ads brought a big controversy on McDonald’s everywhere in the world and the media identified it or linked it to ‘obesity.’   Therefore, the company had finally decided to impose innovation to counter bad public publicity of the McDonald’s and adopted changes in their menu offerings.   In a forum organized by Liberal Senator Guy Barnett, Mr. Peter Bush, th e CEO of McDonald’s Australia, explained that their company takes on a new food offerings that will absolutely health-friendly (Burton, p. 30).   The writer further emphasized that McDonald’s added a new range of salads to their meal, with the cutting of sugar content in the buns and less calorie count from all the foods.   It has also lessened its advertising by sixty percent every hour.The particular solution to this controversy is giving in to the public demand which is related to obesity that is associated with other illness common to people nowadays such as high blood pressure and heart failure. The company itself adopted the principles of the Tick Program of the Heart Foundation.   In Australia, The Heart Foundation Tick is the solution to the growing obesity rates among children and adults.   Healthy choices of food became the consumers’ demand in many industrialized countries like Australia.   In a latest survey, 93% of Australians food had the greater role in producing overweight children and adults (Heart Foundation).Modified or abandoned to suit organizational requirements.Robert Dransfield explained in his paper that the strategic planning that McDonald’s had undertaken is a response to all the challenges that the company is facing including its competitors in the burger business (p. 460).   This is very important because competitive advantage is created by combining strengths which means Mc Donald can exploit competencies and advantage at different points in the value chain to add more value in different ways.   In other words, the value of the product which McDonald’s produces such as hamburger, drinks, fries and other food products, is the perceived benefit that customer would be kept coming back. It also means that value comes from product differentiation, product cost, and the ability of McDonald’s to meet clients’ demands.The writer also noted that strategic planning is very criti cal because it shapes the future of the organization as it must meet the customers’ demands and needs.   Dransfield emphasized that McDonald developed competitive strategies that differentiate it from its rivals (p. 461), in which it recognizes the need to respond to the greater demand to increase competitive gap by: â€Å"adding greater value through innovation, making the process of visiting a McDonald’s less routine and controlled, and enhancing the overall in-house experience† (p.461).In particular, McDonald’s provides appropriate solutions such as â€Å"(a) providing a more balanced offering that includes fruits, sugar-free fruit drinks for children and more chicken products, and (b) by creating an Extra-Value Meal and a McChoice menu offering that provides excellent value for money† because price is critical to decision making (p. 461).McDonald’s has to strategically cut the prices of their product as a respond also to the â€Å"bur gers wars† with the Burger King’s attack.   Thus, McDonald’s â€Å"sought worldwide leadership on the global fast food market through low cost production of a standardized menu† (Grant, p. 1117).   Robert Morris Grant explained that McDonald’s strategy is founded on a central belief that is to be willing to cut price in order to boost volume growth.Another strategy which McDonald’s undertook was using the persona of Ronald McDonald that looked lovable and laughable to children.   This figure as a part of Public Relations strategy of McDonald’s conveys a marketing motivation.   According to Bob Burton, the clown suit means: â€Å"Ronald loves McDonald’s and McDonald’s food† (Burton, p. 34).This quotation indicates â€Å"that you should do everything you can to appeal to children’s love Ronald and McDonald’s† (p. 34).   The clown is also used in charitable activities of the company; it is seen in many hospitals across Australia and other charitable places.   Burton emphasized that in one of McDonald’s document, the overall objective of the company is not simply to give something back to the community but also to help differentiate McDonald’s from its competitors (p. 34).Alternative Strategies and Change ToolsThere are plenty of strategies that McDonald’s company had take into consideration and its tools are Public Relation and mass media.   The strategies such as the price reduction, affiliation to Heart Foundation, and using the clown Ronald McDonald became effective in bringing back the positive image of the company.   There are other strategies that were employed but these three are very important factors in the process.Its Public Relations group – the Golin/ Harris Communications -played an important in the overall task. They figured different strategies and brought McDonald’s closer to its consumers once again.   Thi s event in the life of McDonald’s is the turning point for it to become once again a giant in business and at the same time responsible enough in its obligation to public.   The mass media made things possible for McDonald’s for bringing all promotional activities to the public in a split of a second.ConclusionChange or innovation is very important in a company in order to adapt to the demand of the customers.   Change may be planned or unplanned, but any problem would beget another problem if not attended to.   This is the case of McDonald’s has learned its lesson; it should not remain confident in many challenges but be ready always for the challenges.   Organization such as this must adopt new strategies and employ change from time to time.   Innovation and creativity are the words that can help the company moving and growing.Work CitedBurton, Bob 2007. Inside Spin: The Dark Underbelly of the PR Industry. Australia: Allen and UnwinDransfield, Robert 2004. Business for Foundation Degrees and Higher Awards. Heinemann Educational PublishersGrant, Robert Morris 1998.   Contemporary Strategy Analysis. Blackwell Publishing.National Heart Foundation of Australia 2006http://www.heartfoundation.org.au/document/NHF/Tick_Brochure_FINAL_2006-11-02.pdf

Social Psychology Concepts

Social Psychology Concepts Introduction In social psychology, scholars aim at analysing social situations as per the prevailing socio-cultural environments and influences. Everything which is said and done by people is deemed to have a meaning which may have either a literal or a qualitative interpretation.Advertising We will write a custom essay sample on Social Psychology Concepts specifically for you for only $16.05 $11/page Learn More This means that a single discourse like masculinity or femininity may be surrounded by several socio-cultural explanations or interpretations which may vary from one culture to the other. In social psychology, the concepts of interpretative repertoire, subject position and ideological dilemma are used concurrently in sense making of a particular discourse. The concepts are more or less interrelated in that they may be applicable in a single discourse or account of a person about an event, or a reaction or a person(s) to a certain internal or external stimulus. Discussion The concept of interpretative repertoire is used by social psychologists to refer to the coherent ways of explaining or talking about people, events and or practices in the real world. According to Margret, Stephanie and Simon, in the article titled â€Å"discourse analysis†, they describe interpretative repertoire as the â€Å"the building blocks of conversation’ (Wetherell, Taylor, Yates, 2001.p.198). Accordingly, interpretative repertoires may therefore be viewed as linguistic materials or resources which people refer to or utilize in their day to day social exchange and or interactions (Wetherell, et al, 2001.p.198). They also represent communities’ understanding and presentation of common sense which characterize the communities’ social understanding about a particular discourse (Wetherell, et al, 2001.p.198). For example, people of a certain community may use distinctive words, phrases or metaphors while describing a certain discourse like masculinity. The words and phrases may be different, but once analysed; they may give a common understanding, perception or reaction to the discourse of masculinity in that particular social setting (Wetherell, et al, 2001.p.198). The concept of ideological dilemma, also known as lived ideologies is used to refer to values, beliefs and practices of a particular culture in a society of people. According to Wetherell, Taylor, Yates, the concept may simply be used to refer to the culturally entrenched conceptualizations of common sense and wisdom.Advertising Looking for essay on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Many of the ideological dilemmas are in form of the contradicting views about a particular discourse as may be contextualized in patterns of speech. For example in some cultures, people may say that â€Å"out of sight is out of mind† as well as â€Å"absence makes the heart beco me fonder†. These sayings may be found in a single community and may present an ideological dilemma to the members of that community as to which saying should guide them in their social interaction (Wetherell, et al, 2001.p.203). In a discourse like masculinity, men in a certain cultural setting may express their wish to be masculine, but also wish to be caring, polite and nurturing as parents. The dilemma arises from the fact that the attribute of being nurturing may be associated with women and if men are to be masculine, there is no way they should possess such a feminine attribute. Lastly, the concept of subject position refers to the locations or identities used in a conversation. In every conversation, people use different interpretative repertoires to bring forth different identities or portray a cetin identity of themselves and not another. In a discourse of masculinity for example, men may use different interpretative repertoire to portray themselves as either support ive of masculinity characters or not (Wetherell, et al, 2001.p.210). Those who like being associated with masculinity may describe themselves as being tough and aggressive while those who do not like being associated with masculinity may despise their counterparts as lacking some important elements of parenthood or fatherhood for that matter. These are two different subject positions about the single discourse of masculinity. The importance of identifying these concepts in a discourse is to enable us get as many interpretations of a discourse as possible so that we may be able to accurately attribute human actions to the correct explanations, otherwise we may be biased in making attributions in our day to day social interactions. Reference Wetherell, M., Taylor, S., Yates, S.J. (2001).Discourse as Data: A Guide of Analysis. London: Sage Publications.pp.193-210.

Free Business Administration Courses Online

Free Business Administration Courses Online Opencourseware is a wonderful way to prepare for business school and gain knowledge at no cost. It also provides companies with the opportunity to give every employee an executive education.The Degree Directory recently posted rankings for business administration ​opencourseware education. Their list includes 10 colleges, universities, and websites that offer free business administration courses online. MITs Sloan School of Management secured the top spot with more than 100 free courses.The list includes a ton of great links and is worth checking out. If you decide to proceed, here are a few tips to make the most of opencourseware education: Find a quality course that is self-learner friendlyTake your time and move at your own paceLook for additional resources and readings that will supplement the courseworkFind a forum that matches the course topic so that you can discuss what you have learned with othersEnjoy yourselfthe best part about a free course is that there is no pressure

Free Essays on Colonial Life

How was colonial life? Many historians ponder this thought even today. Did the economy flourish or was it horrific? Was society even based or was it determined by birth? How was the government picked? Was there a king over the colonies, or was there somewhat of a democracy? I would like to start this paragraph with a quote from the father of electricity, Ben Franklin, which said â€Å"beware of small expenses; a small leak will sink a great ship. Colonial economy was mostly based on mercantilism. The kings loved the thought of mercantilism, because the kings thought they were going to make a huge profit off the colonies. The Triangular Trade was another way that the early colonist traded with the mother country and also other countries. After the Triangular Trade started to pickup, England passed a Navigation Act that said the colonies could only sale certain goods to England, and other goods required a tax before being sold. The result of the Navigation Act was salutary neglect. England did not enforce the laws and allowed the colonies to develop mostly on their own. Unlike today’s semi-equal society, colonial society was based on who your parents were. The highest class of people in colonial America was the Gentry, Aristocrats, and the wealthy landowners. In colonial America wealth was based on how much land you owned. The upper class was very mannerly and wanted to be respected at all times. The society of colonial America was especially hard on women. Women had no legal rights, which means they could not vote and in no way could they hold legal office. Women mostly ran the household and taught the children how to read and write so they could learn the Bible. Everyone in colonial America worked all day everyday. Work and home were together. The only times that the colonists were not working was on Sunday while they were in Church. In colonial America, politics were much, much different f... Free Essays on Colonial Life Free Essays on Colonial Life How was colonial life? Many historians ponder this thought even today. Did the economy flourish or was it horrific? Was society even based or was it determined by birth? How was the government picked? Was there a king over the colonies, or was there somewhat of a democracy? I would like to start this paragraph with a quote from the father of electricity, Ben Franklin, which said â€Å"beware of small expenses; a small leak will sink a great ship. Colonial economy was mostly based on mercantilism. The kings loved the thought of mercantilism, because the kings thought they were going to make a huge profit off the colonies. The Triangular Trade was another way that the early colonist traded with the mother country and also other countries. After the Triangular Trade started to pickup, England passed a Navigation Act that said the colonies could only sale certain goods to England, and other goods required a tax before being sold. The result of the Navigation Act was salutary neglect. England did not enforce the laws and allowed the colonies to develop mostly on their own. Unlike today’s semi-equal society, colonial society was based on who your parents were. The highest class of people in colonial America was the Gentry, Aristocrats, and the wealthy landowners. In colonial America wealth was based on how much land you owned. The upper class was very mannerly and wanted to be respected at all times. The society of colonial America was especially hard on women. Women had no legal rights, which means they could not vote and in no way could they hold legal office. Women mostly ran the household and taught the children how to read and write so they could learn the Bible. Everyone in colonial America worked all day everyday. Work and home were together. The only times that the colonists were not working was on Sunday while they were in Church. In colonial America, politics were much, much different f...

Finance and Accounting in the Entrepreneurship Business coursework Essay

Finance and Accounting in the Entrepreneurship Business coursework - Essay Example ase of the demand for the slap-up industrial coating material in the market, the SIJIA Industrial Material intends to come into the market of advanced PVC used as slap-up industrial coating material. According to the research, the demand for slap-up industrial coating material increases more rapidly than the supply. There are less than 10 manufactures which produce slap-up industrial coating material exclusively. Although some manufactures which produce mid/low end products whilst supplying the slap-up products, the scales are very small. And some of our existing customers are willing to purchase our slap-up products if we supply. The current thinking in Financial Management is that financial managers do not perform the role of goal keeping of financial data and information, and arranging funds, whenever directed to do so by the Board of Directors of Companies. Rather, financial managers perform key roles in top management areas by solving complex management problems. Financial management is a concept which deals with the efficient and effective use of economic resources, such as capital funds, in a most appropriate manner. Moreover, the concept of both finance and accounting is closely inter-related. As a finance manager, it is essential to provide a thorough analysis of almost all areas of business, to order to ensure the beneficial applicability of plans, policies and procedures. Finance managers lay stress on making judicious judgments on the profitability, solvency, liquidity, and growth aspects of the firm. Financial data occupy a bottom slot in business planning, albeit an important one, in business co ncepts and performance of the management team. Income statements are simple and straightforward reports on the proposed businesss cash-generating abilities. The advanced PVC used as slap-up industrial coating material is an important kind of the material for uniform such as the environment-protecting people’s clothes which require the highly damp proof

The Impact of Oil spills on our Eco-system Essay

The Impact of Oil spills on our Eco-system - Essay Example The blowout preventer which was expected to alert and prevent the release of oil into the natural environment, failed to activate thus causing disastrous environmental consequences (BBC News, 2012). Furthermore, according to reports, the miss management at BP and its inability to control or prevent the damage is held accountable as one of the key reasons of this huge environmental disaster. The report presented by the Oil Spill commission, stated BP had relatively little knowledge regarding the geology of the site in question, which is perhaps the main underlying cause of the disaster. Apart from that there were several other factors such as oversight and the inability of the management to ensure effective implementation of proper safeguards to prevent such an event from happening. The report also stated that over and above the failure to predict the unfortunate event, BP also failed to implement adequate safety and control measures to prevent the damage (Oil Spill Commission Report, 2011). 2. Describe the risk factors associated with this incident/accident. Apart from the loss of lives of the workers and employees working on the rig, the oil spill has lead to several ecological, social, financial as well as environmental consequences. ... oard), BP was aware of the significant safety issues, well before the explosion occurred but still implemented cost cuts of about 25 per cent during the years 1998 and 2000. This measure on the part of the management led to a significant negative impact on the maintenance and infrastructure expenditures at the refinery (Regester and Larkin, 2008). Also the design of the cement used to seal the bottom of the well was flawed and ought to have been repaired promptly to avoid the dangerous consequences. The management failed to analyze the problem with the seal, and incorrectly validated the test result by approving it, despite the apparent fault. The workers hired on site, failed to foresee the looming disaster, and alert the concerned management regarding the same, which resulted in the blowout (BBC, 2011). 5. What were the short-term effects of this incident/accident on the surrounding environment? Any disaster of this magnitude and scale is likely to result in threatening consequence s which reach beyond the routine issues faced by organizations in their day to day operations. The short term effects of the BP Oil spill are listed below: Source: BBC News (2011) - Impact on the marine life: The oil spill underwater affects the marine environment causing damage to the aquatic life. The site of the oil spill is home to a wide variety of rich and diverse marine life including cold-water corals, fish, etc. Furthermore it is also reported that the endangered sperm whales frequent this water bed in search of giant squid and other prey. The oil spill destroyed the natural habitat of these species and affected their life cycles in the process. Since the marine species are highly interdependent, the food web is completely destroyed. - The environment: As many as 60,000 sea birds

Analyzing And Improving The Appropriateness Of The Exams Term Paper

Analyzing And Improving The Appropriateness Of The Exams - Term Paper Example To determine these factors, a myriad of assessment methods are used on the exam questions, including basic statistics to determine the performance of the students, qualitative and quantitative item analysis. In this case, basic statistics include the mean of each question in the exam and the entire test (Black, 2003). Qualitative item analysis refers to the careful reading of the contents of the exam to determine the accuracy of the exam, find proofreading errors, and determine whether any components of the exam could tip the students towards the correct answer (Triola, 2003). This paper will analyze the hypothetical psychology test presented using the methods discussed above, after which a suggested method for improving the exam is given. The first part of this analysis will focus on basic statistics, followed by the qualitative item analysis and the quantitative item analysis. The quantitative analysis will be focused on determining a difficulty-rating index for each question in th e test. The mean for the entire test is found by adding the total scores by each student, as represented by the totals column. The mean is then found by adding all the total scores and dividing the sum by the number of students taking the test (Black, 2003). As previously mentioned, the analysis of the test will include an analysis of the basic statistics, which in this case is the mean for each question and the entire test. The mean score for the first question is 1.8, which indicates that the pass rate is high among all the students.... Basic Statistics: Mean for Entire Test Question 1 Question 2 Question 3 Question 4 Question 5 Total Student 1 2 2 0 2 0 6 Student 2 2 2 0 2 0 6 Student 3 2 0 0 2 0 4 Student 4 2 2 0 2 0 6 Student 5 2 2 2 2 2 10 Student 6 2 0 0 2 0 4 Student 7 2 2 0 2 0 6 Student 8 0 0 0 2 0 2 Student 9 2 2 0 2 0 6 Student 10 2 2 0 2 0 6 Mean 5.6 The mean for the entire test is found by adding the total scores by each student, as represented by the totals column. The mean is then found by adding all the total scores and dividing the sum by the number of students taking the test (Black, 2003). Graphs for Each Question Analysis As previously mentioned, the analysis of the test will include an analysis of the basic statistics, which in this case is the mean for each question and the entire test. The mean score for the first question is 1.8, which indicates that the pass rate is high among all the students. Question 2 has a mean score of 1.4, while questions 3 and 5 have mean scores of 0.2. Question 4 has a mean score of 2. The mean scores indicated above show the average pass rate for each question for each question, and can be sued as an indicator for the difficulty rating for each question in the test. This indicates that the easiest question is question 4, and the most difficult questions are questions 3 and 5. The mean for the entire test is 5.6, and indicates that the pas rate was evenly distributed among the students. This pass rate is depicted by the graphs shown above, which indicate the scores for each question. To determine the difficulty and appropriateness of each question, we have to conduct both qualitative and qualitative analyses.

Phoenix Johnson and the Worn Path Essay Example | Topics and Well Written Essays - 1000 words

Phoenix Johnson and the Worn Path - Essay Example The character is able to become symbolic of the meaning of the overall story and what it means to change the worn path into something new as a transition. The first aspect of the character that is recognized as a part of the worn path is the name. Phoenix is a symbolic meaning of a bird that dies then rises through the ashes. In the story, Phoenix is seen as walking the same path continuously, always which is done for the illness of her grandson. This is combined with the routines and expectations that she has as well as the reoccurring events that everyone recognizes about the character. The idea of the phoenix then remains present in the story as the worn out path of the character continues until it dies. When Phoenix falls into a ditch, there is recognition of the character dying to the old and worn out path, which then leads to rising to the new. The presentation of the character as a bird that is not going to walk down the same path again then becomes a central part of the recog nition of the struggle that the character goes through as well as the problems which are associated with making a transition out of the old and into the new. The name of Phoenix which holds the symbolic meaning with the character is followed by the actions which are taken and the expectations that the character has. The worn path that Phoenix walks down is also symbolic of the mentality of the character and the difficulties which she continuously encounters throughout her life. The never – ending struggle of the character and the ability to overcome this is one of the highlighted aspects of the character. For instance, when walking the worn path, Phoenix states that the journey makes it â€Å"seems like there is chains on my feet, time I get this far† (Welty, 143). The statement is one that is not only based on the difficulty of the path but is representative of the path that Phoenix continues to travel and rise through each time that something occurs. The characteriza tion of Phoenix then becomes associated with the struggle that she continues to go through and the ability to overcome the difficulties which she has faced. The recognition of the character that has the chains on the path and which continues to struggle is not only based on the one struggles of the character. Phoenix is an African – American that lives in the south and which has lived through the Civil Rights movement and the changes toward blacks and whites in the nation. The representation of the character then moves into a deeper aspect not only of one character that has walked the worn path. It also relates to the struggles of those living in the South at the time and the continuous need to have bravery, the ability to overcome and to chase things away if they appeared as a threat. For instance, when Phoenix meets a hunter, he holds a gun to her to shoot. The response is not one out of fear. â€Å" ‘Doesn’t that gun scare you?’ he said, pointing it at her. ‘No, Sir, I seen plenty go off closer by, in my day† (146). This phrase and several others show the courage and the understanding of the meaning of the character as the worn path. The character is one that has seen guns, struggle and other difficulties based on the social order of the time. The development of the character is then to show how these struggles have allowed the character to overcome.

Problems and Opportunities created by having too much data, and what Research Paper

Problems and Opportunities created by having too much data, and what to do about them - Research Paper Example Nowadays the business corporations are more and more concerned with the business data collection and analysis. In this scenario, the businesses are paying attention on effective data management and corporate analysis for better resource management and decision support. Additionally, the business corporations gather huge amount of data and process it in order to get business advantages. Sometimes this huge amount of data collection can cause various business and operational management issues. However, this huge amount of business data is a vital corporate resource that offers the business power regarding business management and future resource administration. In this scenario, some organizations gather data for the business and customer relationship management. Most of the business corporations are aligned toward the collection of customer data. Additionally, the one of the major reasons could be the evolution of online business marketing. This customer contacts and personal information can be used for business marketing. In addition, online business marketing is a less costly way of business marketing and overall promotions. This overall situation leads to better business and corporate management. In this scenario, there is need for customer permission in order to use customer data for business marketing process (LOHR, 2009).... In this scenario the huge business data collections are used through some OLAP, data mining and data warehousing based tools. These all tools and capabilities lead to better business data management and issues handling. In this way, the business management is able to well predict the business needs and requirements for the enhanced business decision management and future issues support. These all aspects are well matched for the business issues and problem management. In addition, these decision support tools are used to aggregate the business data to buildup and more summarized and concise business reports for the better business decision support and issues management (Laudon & Laudon, 1999). However, one of the major issues in this huge collection of data could be regarding data storage and management. Nowadays, the data storage is affordable, so the cost of data storage is not a big issue but this issue becomes critical when we need to backup terabytes of data. In retailing busine sses life WalMart that produce millions of rows of data each day, there is much harder for the business to store such data. In this situation the huge business data collection can be a big issue for the business (Trembly, 2010) and (Sperling, 2009). Another main issue with too much data collection is the data security. In fact, the huge amount of data can lead to more data leakages that can create some huge business damage and issue. In this situation there is need for a way through which an organization can better manage the business issues and aspects. In addition, they need to implement tight security mechanism that could ensure better business data management and issues handling (Laudon & Laudon, 1999). In case of too much data one more main issue is the business data

Phoenix Johnson and the Worn Path Essay Example | Topics and Well Written Essays - 1000 words

Phoenix Johnson and the Worn Path - Essay Example The character is able to become symbolic of the meaning of the overall story and what it means to change the worn path into something new as a transition. The first aspect of the character that is recognized as a part of the worn path is the name. Phoenix is a symbolic meaning of a bird that dies then rises through the ashes. In the story, Phoenix is seen as walking the same path continuously, always which is done for the illness of her grandson. This is combined with the routines and expectations that she has as well as the reoccurring events that everyone recognizes about the character. The idea of the phoenix then remains present in the story as the worn out path of the character continues until it dies. When Phoenix falls into a ditch, there is recognition of the character dying to the old and worn out path, which then leads to rising to the new. The presentation of the character as a bird that is not going to walk down the same path again then becomes a central part of the recog nition of the struggle that the character goes through as well as the problems which are associated with making a transition out of the old and into the new. The name of Phoenix which holds the symbolic meaning with the character is followed by the actions which are taken and the expectations that the character has. The worn path that Phoenix walks down is also symbolic of the mentality of the character and the difficulties which she continuously encounters throughout her life. The never – ending struggle of the character and the ability to overcome this is one of the highlighted aspects of the character. For instance, when walking the worn path, Phoenix states that the journey makes it â€Å"seems like there is chains on my feet, time I get this far† (Welty, 143). The statement is one that is not only based on the difficulty of the path but is representative of the path that Phoenix continues to travel and rise through each time that something occurs. The characteriza tion of Phoenix then becomes associated with the struggle that she continues to go through and the ability to overcome the difficulties which she has faced. The recognition of the character that has the chains on the path and which continues to struggle is not only based on the one struggles of the character. Phoenix is an African – American that lives in the south and which has lived through the Civil Rights movement and the changes toward blacks and whites in the nation. The representation of the character then moves into a deeper aspect not only of one character that has walked the worn path. It also relates to the struggles of those living in the South at the time and the continuous need to have bravery, the ability to overcome and to chase things away if they appeared as a threat. For instance, when Phoenix meets a hunter, he holds a gun to her to shoot. The response is not one out of fear. â€Å" ‘Doesn’t that gun scare you?’ he said, pointing it at her. ‘No, Sir, I seen plenty go off closer by, in my day† (146). This phrase and several others show the courage and the understanding of the meaning of the character as the worn path. The character is one that has seen guns, struggle and other difficulties based on the social order of the time. The development of the character is then to show how these struggles have allowed the character to overcome.

Your choice Essay Example | Topics and Well Written Essays - 750 words - 1

Your choice - Essay Example The advertisement under focus (shown in Appendix A) utilizes propaganda techniques as well as communist symbols for propagation. Essentially the advertisement is geared to sell candy but the symbols used for propagation make the advertisement look like communist propaganda for revolution. The first noticeable item about the advertisement is the heading at the top which provides a striking message in a Russian transcription type script. The heading is transcribed in a modified font to resemble Russian script (apparent from the horizontally flipped N symbols†. In addition, the contents of the heading make it provocative and even appealing to the intended audience. The heading reads â€Å"The Redolution is now!† where the word â€Å"Redolution† has been derived from the words â€Å"revolution† and â€Å"red†. This rebranding of the word revolution is an attempt by the advertisement to strike the curious sides of human beings. Human beings are typically interested in items that either provoke them or items that strike their curiosity. Since the word revolution is a strong word, mixing it with red leaves strange connotations. This is compounded by the fact that the United States and the Soviet Union remained at loggerheads with each other during the Cold War (Friedman). The advertisement under focus is geared for the United States where most people still carry biases against Russia. Using the color red along with the message of revolution tends to make the advertisement generate a strong appeal with audiences. The urgency of the message expressed by the word â€Å"now† tends to raise the bar even more. The advertisement uses other strongly communist symbols as well including the M&M mascot and the volley of people at the bottom. The red colored M&M mascot symbolizes a turn into the communist fold. The figure’s head is shown strewn with a cap tagged with a single communist star leading to a greater appeal for the figure as being communist.

High School and Personality Traits Essay Example for Free

High School and Personality Traits Essay Directions: Read the following questions and write the answers on a separate sheet of paper. Include the question as part of your response. Use COMPLETE sentences—do not use fragments or incomplete thoughts. Use DETAIL in your responses. â€Å"None, nothing, I don’t know, etc.† are inadequate responses. Your goal is to give me as much information about yourself as possible! 1. Who was your English teacher last year? Describe both your successes and difficulties in the class. 2. What is your full name? Are you named after someone in your family? 3. When and where were you born? How old are you now? 4. Describe three members of your immediate family—be specific by detailing names, ages, physical characteristics, and personality traits. 5. In what places have you lived? 6. Who is your best friend and why is that the case? Describe him/her—be specific by detailing names, ages, physical characteristics, personality traits. 7. Describe any pets you have/have had/desire to have. If you could be any animal, what would you be and why? 8. Describe what you like to do in your spare time, and on weekends. 9. What is your favorite TV program(s)? Why? What kind of music do you like? 10. Where have you traveled or would like to travel? Describe what draws you to that particular place and why. 11. Describe your particular talents. What do you do well? 12. Do you want to go to college? Which one? What career do you hope to pursue when you are an adult? Why? What are you doing now to prepare yourself for these goals? 13. What do you like best about school? What do you like least about school? 14. What extracurricular activities are you involved in at school or outside of school? 15. Describe any other interesting aspect(s) of yourself. CLASS COPY!DO NOT WRITE ON THIS! Detailed Biography Directions: Read the following questions and write the answers on a separate sheet of paper. Include the question as part of your response. Use COMPLETE sentences—do not use fragments or incomplete thoughts. Use DETAIL in your responses. â€Å"None, nothing, I don’t know, etc.† are inadequate responses. Your goal is to give me as much information about yourself as possible! 1. Who was your English teacher last year? Describe both your successes and difficulties in the class. 2. What is your full name? Are you named after someone in your family? 3. When and where were you born? How old are you now? 4. Describe three members of your immediate family—be specific by detailing names, ages, physical characteristics, and personality traits. 5. In what places have you lived? 6. Who is your best friend and why is that the case? Describe him/her—be specific by detailing names, ages, physical characteristics, personality traits. 7. Describe any pets you have/have had/desire to have. If you could be any animal, what would you be and why? 8. Describe what you like to do in your spare time, and on weekends. 9. What is your favorite TV program(s)? Why? What kind of music do you like? 10. Where have you traveled or would like to travel? Describe what draws you to that particular place and why. 11. Describe your particular talents. What do you do well? 12. Do you want to go to college? Which one? What career do you hope to pursue when you are an adult? Why? What are you doing now to prepare yourself for these goals? 13. What do you like best about school? What do you like least about school? 14. What extracurricular activities are you involved in at school or outside of school? 15. Describe any other interesting aspect(s) of yourself.

Tunku Abdul Rahman

Tunku Abdul Rahman Who is Tunku Abdul Rahman Tunku Abdul Rahman Putra Alhaj was born on February 8 1903 at Istana Pelamin, Alor Setar, Kedah. He was the twentieth child and seventh son of Sultan Abdul Hamid Halim Shah, the twenty-fourth Sultan of Kedah.1 His mother on the other hand, Paduka Seri Cik Manjalara was the daughter of a Siamese nobleman, Luang Noraborirak. In 1909, Abdul Rahman received his early education at a Malay Primary School before being tranferred to the Government English School, which is currently known as the Sultan Abdul Hamid College. Following that, he was sent to the Debsirin School in Bangkok. A Kedah State Scholarship awarded to him in 1920 took him to England to further his studies. In England, he read History and Law at St. Catherines College, Cambridge. He successfully obtained his Bachelor of Arts Degree in 1925. While studying at England itself, his flair for leadership was made apparent due to the lack of representation of Malay students at the institution by any clubs or organisations. Abdul Rahman remedied the problem by establishing the Kesatuan Melayu Great Britain (Malay Association of Great Britain). He held the post of Secretary. Upon his return to Malaya, he served the Kedah Civil Service as a cadet in the Legal Advisors Office. Following that, he served as a District Officer in Kuala Nerang, Langkawi, Sungai Petani, and finally in Kulim.2 Abdul Rahman was the only Malay District Officer at that time. This made him widely unpopular amongst many British officials. However, no action was taken by the British Administration in Kedah, as he was of royal lineage. Unfortunately, his attempt at completing his legal studies at the Inner Temple in England came to a halt due to the outbreak of World War II. He resumed his studies at the Inner Temple soon after and qualified for the Bar. On his return to Malaya, he was appointed as a Deputy Public Prosecutor. During the nationalistic battle against the Malayan Union, Tunku Abdul Rahman joined the United Malays National Organisation (UMNO). He proved to be very popular amongst party members and was later on appointed as Chairman of UMNO Kedah in 1948. On August 26 1951, Tunku became the UMNO President. Following that, he formed a political alliance with the Malayan Chinese Association (MCA). This political alliance was later joined by the Malayan Indian Congress (MIC) in 1955. This political alliance was called the Alliance Party. That same year, the Alliance Party won the first federal general elections. Tunku Abdul Rahman was elected as the first Chief Minister of Malaya. In 1955, Tunku lead a delegation to England to negotiate with the British government for the independence of Malaya. This lead to the signing of the Independence Treaty at Lancaster House in London on February 8 1956.3 On the 31st of August 1957, the British flag was lowered in Kuala Lumpur and the Malaya flag was raised in its place. Tunku Abdul Rahman led the crowd at Dataran Merdeka in announcing Merdeka! (Independance). This will forever remain a historical moment in Malaysian history. It cannot be argued that one of Tunkus greatest acheivements was the formation of Malaysia, comprising of the Federation of Malaya, Sabah, Sarawak, Brunei, and Singapore. However, due to several political issues, the federation of all these states, excluding Brunei was formed on the 16th of September 1963. Tunku Abdul Rahman was restyled as Prime Minister of Malaysia. 4 Unfortunately, the racial factor only worsened with the inclusion of Singapore, raising the Chinese population close to 40%.5 On August 7, 1965, Tunku Abdul Rahman announced to the Malaysian Parliament to vote yes on the resolution to remove Singapore from the federation. Singapore officially acheived independance on 9 August 1965. Following the racial riots of May 13, many UMNO leaders were critical of Tunku Abdul Rahmans leadership and an emergency committee, MAGERAN took power and declared a state of emergency. On 22 September 1970, Tunku Abdul Rahman was coerced into resigning as Prime Minister and was succeeded by Tunku Abdul Razak. Following that, he then resigned as UMNO President on June 1971 amidst severe opposition from the Young Turks, comprising of Mahathir Muhammad and Musa Hitam.6 Aside from the formation of Malaysia, Tunku also had a many other acheivements. Other than making Islam the state religion in 1960, he also established the Islamic Welfare Organisation (PERKIM), an organisation helping newly converted Muslims adjust to their lives as Muslims.7 Tunku also helped establish the Organisation of Islamic Conference (OIC), of which he was also the Secretary General. An avid sprtsman, Tunku was a huge fan of football. This led him to become the President of the Football Association of Malaya, President of The Asian Football Confederation and President of the Asian Badminton Confederation. He also supported Semangat 46, a splinter group of UMNO led by Tengku Razaleigh Hamzah.8 Tunku Abdul Rahman passed away on 6 December 1990 at the age of eighty-seven. He was laid to rest at the Langgar Mausoleum at Alor Setar. FOOTNOTE 1. Wikipedia, Tunku Abdul Rahman, URL : http://en.wikipedia.org/wiki/Tunku_Abdul_Rahman, accessed 17 March 2010. 2. Sejarah Malaysia, Abdul Rahman Putra Alhaj, URL : http://sejarahmalaysia.pnm.my/portalBI/detail.php?section=sm02spesifik_id=95ttl_id, accessed 17 March 2010. 3. Perdana.Org, Tunku Abdul Rahman, URL : http://www.perdana.org.my/index.php?option=com_contentview=articleid=184Itemid=124, accessed 17 March 2010 4. Prime Ministers if Malaysia, Tunku Abdul Rahman Putra Alhaj, URL : http://www.primeministersofmalaysia.net/1.php, accessed 17 March 2010 5. Wikipedia, Tunku Abdul Rahman, URL : http://en.wikipedia.org/wiki/Tunku_Abdul_Rahman, accessed 17 March 2010. 6. Wikipedia, Tunku Abdul Rahman, URL : http://en.wikipedia.org/wiki/Tunku_Abdul_Rahman, accessed 17 March 2010. 7. Network Malaysia, Tunku Abdul Rahman, URL : http://www.networkmalaysia.com/subtitle/people/TunkuAbdulRahman.htm, accessed 17 March 2010 8. State University.Com, Tunku Abdul Rahman (Putra Alhaj) Early life, Early political career, Road to independence, Prime Minister, Involvements in Islam, Later life, Family, URL : http://encyclopedia.stateuniversity.com/pages/22669/Tunku-Abdul-Rahman-Putra-Alhaj.html, accessed 18 March 2010.

Essay --

The World of Cyberspace and its Effects on Social Relationships Many studies have been conducted on the various features of cyberspace, its connection to social media, and how it influences professional, intimate, and cordial relationships. Although many spectators are convinced that society’s frequent use of cyberspace has taken a turn down the wrong path, cyberspace has opened up many opportunities for professional relationships to establish, such as the relationship between Facebook usage and an increase in work values in Taiwan (Lin, Le, Khalil, & Cheng, 2012). However, contradictory results suggest that heavy use of the internet by young children, specifically adolescent girls, may be a factor of negative social well-being (Pea et al., 2012). In order to fully understand how social cyberspace affects everyday relationships, all forms of interactions must be examined. This paper will examine the positive and negative effects of cyberspace connections and whether they should be utilized and in what manner. Primary Issues Cyberspace Cyberspace is a time-dependent set of interconnected information systems and the human users that interact with these systems (Ottis & Lorents, 2010). In recent years the term â€Å"cyberspace† has been used to explain things that pertain to any type of network system and anything to do with the use of computer technology. However, given the frequent use of cyberspace and its different qualities that people use daily, human relationships are affected by the information systems. The everyday use of cyberspace has changed the way in which social identity, social interaction, and relationship formation is formed differently online than in real life (McKenna & Bargh, 2000). Cyberspace has affected the way ... ...various businesses. Social media is now used in order to recruit and hire employees for different companies. For instance, the social media site, LinkedIn, has many social profiles of individuals that are thrown in a candidate pool for different jobs. Many recruiters can find their ideal candidate by searching for key terms that may match individual’s background or show up on their personal profile (Blacksmith & Poeppelman, 2013). Although this process may make it easier for recruiters to scout potential employees, the method has its limitations. Recruiters are basing their decisions off of information provided by the unknown individuals, information that could potential be false. Also, other trivial things, like people not updating their profiles or revealing photographs of themselves that are accurate may influence the recruiter’s decision to hire someone or not.

Did September 11 Kill Democracy? :: September 11 Terrorism Essays

Did September 11 Kill Democracy? Â   The September 11 terrorist attack on America has provoked a strong response. Americans are at war. On television, from the mouths of politicians, in newspapers, this response is portrayed as unequivocal. As with Pearl Harbor, war has been declared on America. We have no choice but to respond with unpresidented military force. Other considerations might give us a pause, if they were not being quietly swept under the rug by those eagerly pressing for war. Isn't war and violence precisely what terrorists are after? Rather than pitting ourselves against the Arab-Muslim world and lumping every Muslim in with the terrorists, shouldn't we draw closer to those elements in the Arab world that reject terrorism? Most importantly, shouldn't we attempt to fully understand why America was targeted? Do Americans truly appreciate the role of the United States in the Middle East? Are our politicians and news media attempting to increase our understanding of events in the Middle East before we plunge headlong into war? None of these questions are being addressed. Â   This is why the past few days have been so terrifying. A catastrophe can happen to any nation, but a democracy requires thoughtful debate and exposure to the necessary information before a democratic decision can be made. To quote Representative Lee of California, "We've got to bring these perpetrators to justice. But I'm saying that I have not yet seen the evidence. And until then, in Congress, we must show restraint." Representative Lee was the only Representative who voted against authorizing military force on Friday. This fact alone is shocking and should be worrisome. Where is the democratic debate when, a scant 4 days after the events, all of Congress decides for the nation that there is no alternative to military action? Â   Without full knowledge of who was involved in the events, and careful consideration of all possible alternatives, what are they basing their decision on? Â   The messages from network television has been similarly alarming in its uniformity. Already on Tuesday, newscasters were not presenting democratic alternatives, but speculating about military targets. Is that the best that we can do as a nation, reach for our guns, striking out in anger rather than justice? If CNN starts an article with "The questions are only when and where," isn't CNN is deliberately encouraging its audience not to ask other questions?

Corporate Entrepreneurship Essay

Background: US Broadcasting Industry: The US media industry was the second largest market around world at $255.1 billion and was forecast to grow at a compound annual growth rate of 2.3 percent till 2017. Within the media industry, broadcasting and TV was the largest category with a market of $142.6 billion. The industry players were competing mainly with one another for viewership to drive advertising revenue which was the primary source of profits. The traditional advertising driven business model started to shift due to a few trends. First of all, there were more ways for broadcasting advertisers to reach customers. The progressive consumerization of technologies such as social media tools had contributed to this trend. Secondly, new technology products made it possible for users to skip advertising. Thirdly, the content creation was getting localized and the audience was fragmenting. Fourthly, more television advertising was purchased through consolidated conglomerates which had various resources with better insights about their target audiences. Lastly, the switch from analogue to digital TV broadcasting not only led to multicasting with more channels but also made the industry more favorable for new entrants. In general, the technologies were putting so much pressures on the traditional business of this industry. Latinos in the US: There were also unique factors for this largest minority group in US. Firstly, the Latinos were growing at 8 times the rate of the non-Latino population and contributed to nearly 17% of US total population. Other than that, the per capita income of US Latinos were higher than any of the BRIC and households and was growing at a faster rate than the number of total households in US. Thirdly, Latinos were on the path of â€Å"acculturation† and they were leading dual lives. However, the Latinos formed only 6% of the total marketing pie as an audience and there did exist a huge gap. As a result, Latino market had truly become the most potential market segment for various industries. Entravision, Luminar and the Big Data: Entravision, which had 56 TV stations and 49 radio stations in most popular Latino markets across US in 2013, was the largest independent public media company focused principally on the US Latino audience. Regards all the strong corporate performances and growths, Franklin Rios and Walter Ulloa, the founding chairman of Entravision, had agreed on to set up an analytics division called Luminar in Entravision. The main objective of Luminar was to act as the first mover which would leverage Big Data analytics at Entravision to offer exceptional marketing and advertising products as well as lead Entravision to transform from a media company into an information and analytics company. Situation: Rios understood the impacts both the technological trends and the Latino demographic trends had made to the US broadcasting industry. He understood that the traditional market research tools had limitations which would not help him to further extract insights from the US Latino market and the search for alternatives led him to the Big Data. His Big Data initiative was strongly supported by Ulloa as he believed that leveraging Big Data at Entravision could not only help them to fully understand the Latino market to extract its huge potential values but also serves as a new element of corporate strategy to lead Entravision to stand out from its traditional media industry competitors. As a result, Rios and Ulloa decided to establish Luminar as the Big Data analytic division at Entravision. At the same time, Ulloa’s own interest in the launch of Luminar we driven by these 4 objectives: Entravision should transform from a media company into an information and analytics company. Laminar would be the centerpiece of such a transformation of Entravision. The new data driven approach of Luminar would complement the traditional survey driven approach of Entravision. Luminar would in the long run to be a new revenue stream for Entravision. As the first mover in the space without any competitor in sight, Luminar and Entravision had gained strategic advantages over their competitors. Using the Socio-technical framework to further understand Luminar and Entravision’s positions under the Big Data environment, it is important to consider Entravision and Luminaries respectively and then collectively to evaluate how closely they align with each other: Entravision: Structure: A listed company, multiple broadcasting stations, with traditional corporate function units such as Finance, Marketing, R&D, Sales and etc. People: Nearly 1,000 employees, familiar with the old industry norms, believe qualitative data was more important than quantitative data. IT: Majorly TV and Radio, mobile, digital, web, other interactive media Process: All kinds of traditional ways of delivering values to customers, community involvement, local content creation. Luminar: Structure: New corporate entrepreneurship, division of Entravision, President Rios reporting directly to Ulloa, initial investments all from parent company People: Exposed to technologies and innovations, data driven, IT: Huge amount of data from various sources, Hortonworks, MapReduce, high performance data analysis platform Process: New revenue streams, data analytics, using various algorithms From the above Socio-technical framework analysis, there were huge differences between Entravision and Luminar in terms of structure, people, IT and process. Also, this distinct misalignment could seed potential roadblocks for Luminar’s future growth. Problems: Rios was truly facing some problems before the launch of Luminar. First of all, the growth target set by Ulloa for Luminar to generate 10% of the revenues of Entravision in 5 years was achievable but was too aggressive and pressuring. He was confident that with no competitors in the market Luminar could reach this target, however, he did need more time to sort out other problems. Secondly, unbalanced interests lead him to question about the  effectiveness of Luminar’s structure fit into Entravision as a fully embedded division. Moreover, there was no proper performance measurement system existing at that moment for Luminar to build up the credibility both internally and externally. Furthermore, although Luminar could approach internally or externally, there was still no clear direction for Luminar regarding how to leverage Big Data analytics at Entravision. Lastly, Rios was also worried about how he could sustain a first mover advantage for Luminar and the business model could not easily been imitated by competitors. Based on all the issues Rios were concerning, the fundamental problem should lied on that there were no internal buy-in at Entravision because people were skeptical about Luminar. Therefore, how to successfully securing internal buy-in became extremely critical to Luminar’s sustainable long term growth. Analysis: Obviously, for Entravision, it had stable business and constant growth for years. At the same time, the strong demographic trend of Latino group was bringing more and more opportunities for future business of Entravision. Furthermore, the traditional marketing method based on qualitative data were still believed to be reliable. As a result, there was no evidence of any burning platform at Entravision and thus no urgency for any organizational change. The socio-technical framework analysis in the situation part also shows that there were distinct misalignments between Luminar and Entravision regarding the 4 organizational aspects including structure, people, IT and processes. These misalignments indicates that it could be really hard for Entravision people to understand, accept and then support what Luminar was about to do. Securing internal buy-in Entravision was really critical to Luminar. First of all, as its entrepreneur division, Entravision would be committing funds for the laun ch of the Big Data initiative and its growth. The funds would be provided to Luminar on annual basis. Thus, if the internal buy-in was not in place, Luminar’s funds for growth would not be guaranteed regardless the performance of Luminar. Secondly, one of the major objectives for establishing Luminar was to make it as a central part of corporate strategy to transform Entravision from a traditional media company  to an information and analytics company. Rios and Ulloa had to admit that this was also an attempt to change the underlying corporate culture of Entravision and culture change has been considered as the most challenging part for any organization change. Without internal buy-in, the transformation efforts would quickly fade out without changing the DNA of Entravision. Thirdly, the new data driven approach of Luminar was expected to be complemented with the traditional survey driven approach of Entravision. Without internal support from Entravision R&D department, Luminar would not be able to come up with more int egrated and systematic solutions to its customer and offer its customer with better and insightful marketing solutions to target at the US Latino group. In addition, Luminar relied strongly on the partnership with Entravision. Entravision’s market experiences as well as customer relationships could provide Luminar with a very resourceful platform to start their sales. If Luminar could not secure internal buy-in from department such as Marketing, Luminar would not be able to leverage this resourceful platform to make itself as a new revenue stream for Entravision. When we look back at the minor problems in the previous section that Rios was trying to figure out, it seems that most of them were resulted from the major issue that there were no internal buy-in in place. For example, Rios was wondering what kind of structural fit Luminar should be, what caused this was exactly the different interests from internal stakeholders. If they all the internal stakeholders were supporting Luminar, the anticipated structural fit for Luminar to be a strategic division in Entravision should be the win-win solution. Other than that, Rios’ concern on performance milestones was also caused by the lack of internal buy-in because Rios needed to lead Luminar to achieve those milestones to establish credibility with not only with customers but also with employees of Entravision. Decision Criteria: 1: Financial stability The first criteria for evaluating the best option is financial stability. Although Luminar was different from traditional type of startup companies which were always looking for sources of funds, Luminar still faced  pressures from losing support from Ulloa and Entravision. If there was not any feasible substitution for funds available for Luminar, Luminar should try to ensure the current committed funds from Entravision. 2: Remove resistances from R&D, finance and sales department Internal resists came primarily from the three sources which are R&D, finance and sales departments. The winning option should effectively remove the roadblocks from all of these 3 departments. Luminar absolutely needed corporations from these 3 departments to support its long term growth. The R&D would be providing human and technical resources for Luminar to develop the Big Data analytic solutions. The finance department would be responsible for funding Luminar and measuring its performance. Sales department would help Luminar approach its new products and solutions to Entravision’s existing customers as well as any new potential customers. 3: Sustain long term culture change This criteria requires the option to be able to sustain long term culture change inside Entravision. Basically, the option could further help the Entravision employee understand what Big Data is and what kind of benefits Big Data could bring to them. If the Entravision employees started to realize the solutions based on quantitative data is better than the traditional norms based on the qualitative data, they would start to accept Big Data and Luminar and finally start to change the culture. 4: Potence of creating business synergies and new revenue streams. This criteria is used to evaluate if the options have potential to create business synergies and new revenue streams. The Luminar was not even started so everything was still unknown. As a result, one of the easiest ways to secure internal buy-in would be showing that the option had potential to create business synergies and new revenue streams. The above 4 criteria are listed according to their priorities. Criteria 1 must be satisfied as it is critical to all new business adventure. Criteria 2 also needs to be satisfied because unable to remove those major resistances could directly result in failing the process of securing  internal buy-in. Criteria 3 also needs to be satisfied as it could further strengthen the internal buy-in by eventually encoding the data analytics into Entravision’s DNA. The last criteria is also important as satisfying it could deliver Entravision with even higher level of confidence in Luminar. Options: Since Luminar was not even started, the proposed options here are basically strategic proposals that Rios could present to Ulloa and the board of directors to show how he could possibly secure the internal buy-in. 1: Luminar as an independent startup company and acts as a strategic partner with Entravision For this option, Rios would propose that Luminar to become a separate company and maintain an arm’s-length with Entravision. As an independent startup company, Luminar would acquire its own resources such as R&D, HR, Operation, Marketing and Sales. With initial funds from Entravision, Luminar could go out and seek more venture capitals for its build up and future development. At the same time, the company can focus on its own corporate vision and objectives without worrying about any resistances from Entravision. As a strategic partner with Entravision, Luminar could still take advantage from Entravision’s resourceful platform. For this option, since Luminar did not have any prototype available and with only the ideas in Rios’ mind, it could be really hard for Luminar to seek external venture capitals. In the meantime, securing funds from Entravision executives would also become harder as it is no longer a part of Entravision. As a result, this option has very high risk in securing the financial stability and could not satisfy the first criteria. Luminar would no longer act as a change agent in Entravision if it becomes independent. Thus this option would also not meet criteria 3. Although this option strongly satisfying criteria 2, it still can be easily opted out as it does not meet the most important criteria 1 and 3. 2: Luminar as a strategic division and focus on leveraging Big Data externally For this option, Luminar would keep the current structure fit to be a strategic division of Entravision. At the same time, Luminar would  focus on leveraging Big Data externally by targeting with external customers. Rios already had initiatives in mind and he planned to develop three specific products based on Big Data at Luminar. The first product would be Analytics which could interpret data to help clients target their customers better. The second product would be a service that could â€Å"cookie-tize† offline transactions data to merge with online data and altogether to enable clients to expand the scope of their digital market. The third product could improve the accuracy of social media to provide customers with more fine-grind market insights. Rios would initially use the three new products to aim at blue chip marketers and advertisers who were Entravision customers and provide them with competitive advantages. For this option, as long as Luminar could generate topline performance, Entravision would continue to invest in Luminar. As a result, this option satisfy criteria 1 as it keeps Entravision as the best investor to keep financial stability. Luminar’s focus on external customers might not effectively remove the resistance from its R&D department. However, by targeting at the blue chip key customers, any successful sales closure could turn the marketing team from resistance to support. Regarding the financial department, as long as the revenue starts to come in, CFO and the financial folks would start to believe in Luminar. Thus, for the second criteria, this option could partially satisfy it. For the third criteria, as most of Entravision employees were still not able to see the benefits that Big Data could bring to them and with remaining major resistance from R&D department, this option could not effectively sustain the long term culture change. For the criteria 4, this option successfully satisfy it as it would definitely create new revenue streams for Entravision. 3: Further leveraging Big Data at Entravision through internal innovations. This option is basically built on the top of option 2 and Lumina would further leveraging Big Data internally. Luminar would still focus strongly on the existing external customers and developing those 3 products for offering. Other than that, Luminar would design and develop tools and solutions specifically tailored to internal departments. For example, Luminar could develop Big Data initiatives to help finance department to tracking real time cash flows as well as forecasting budgets. For HR  department, solutions could be created for helping them in team building and performance evaluation. For sales department, Big Data could also help them in inventory management, forecasting, relationship management, closing deals and etc. Regarding the R&D department, Luminar could also offer solutions which were basically better than what they were having. Meanwhile, Luminar could work with R&D department to achieve predictive analytics in the future. For this option, it would boost the corporate performance through both internal and external initiatives. It could definitely satisfy criteria 1. For criteria 2, this option further indicates what Luminar and Big Data could bring to those 3 departments. With both the external performance and internal benefits, the 3 departments would likely to start buy-in and thus this criteria is also satisfied. For the third criteria, this option allows Lumina to distinguish most number of early adopters throughout the corporation and they could simply help with spreading the DNA out to rest of the corporation to sustain the long term culture change. For the last criteria, this option is truly able to show that Luminar would be potential to create business synergies by offering various internal initiatives and new revenue streams through those 3 mentioned products targeting external customers. By comparing all of the above options, approaching the third option seems the most favorable as it satisfy all of the four criteria. When Rios was about to propose this option to Ulloa and the board of directors, they would be confident that Luminar could successfully remove the resistances and secure sufficient internal buy-in. Plan: Short term: 6 months to 1 year For the short term, Rios should clearly propose the winning option to Ulloa and rest of the board of directors. He needed to explain the proposal with great details which would help the directors to carry forward his ideas and messages down to each department of Entravision. The next thing Rios should do was to officially establish Luminar and start seeking for the resources to build up his team. The DNA of the Entravision was not analytical, thus,  it would be better to attract resources from outside of Entravision. At the same time, Luminar should target at hiring analytic resources with strong Latino background as they know how to generate better insights from the Latino market. By end of the 6th month, Luminar should have the core team successfully built. After that, Luminar should start the data acquisition tasks. The process he envisioned involved building a database of US adults and a subset of Latino adults in US. Then, Luminar would extract data from social media tools such as blogs, tweets and YouTube. Together, this would generate, from preliminary reckoning, about 125 terabyte of living, breathing data which could be analyzed in real time. Going forward, the data would be ingested into Hortonworks along with algorithms such as MapReduce and Luminar customized ones to profile consumer types with a high degree of precision. This fundamental technical platform for Big Data analytic should be established and tested to be reliable by end of year 1. Medium term: 1 year -3 years Starting this period, Luminar should invite representatives from each internal department and work together on the development of both external customer facing products as well as the internal customer facing products. Those representatives should be people welcome to any change and they would also be responsible for acting as the change agents for their corresponding departments. Those 3 products targeting at external customers should receive higher priority. By end of mid of year 2, the prototypes of the 3 products should be ready for test. Sales team should working closely with Luminar and get involved in the product development process. The reason why promoting sales team involvement is that it would offer enough information and training for them to change their messages to pitch customers. And by end of year 2, the final delivery of these 3 products should be ready for any potential business opportunity to generating revenue. After the external products were developed, Luminar would shift their efforts to focus on developing those internal products. Those representatives from each department should be involved within the development process and feed update back to their own departments. By end of the mid of year 3, prototypes for internal products should be ready for testing and initial training. By end of the year 3, the final internal products should be in production and full  scale of training should be in place. Organizational change effort could be started parallelly in this period with the product development. Successful transformational change must have supports from the c-level, as a result, Rios should work with Ulloa to secure buy-in within board of directors and executives to support the organization culture change. Kotter’s 8 steps could be used to direct the change process. By end of this period, Luminar should be able to successfully secure large scale internal buy-in and would offer them a health and sustainable environment for future growth. Long term: 3 – 5 years In this long term period, with further adoption of internal products within various departments, analytical DNA should started to spread over through word of mouth, performance dashboards and etc. The culture change process should also benefit from the above achievement. For Luminar, its primary objectives in this term would be maintain and improve both the external and internal products. At the same time, Luminar would focus on revenue growth and work hard to achieve that 10 percent of total revenues of Entravision by end of the fifth year. If Luminar turned out to be a successful corporate entrepreneurship adventure, Entravision should make Luminar as an example in the future to leverage another corporate entrepreneurship to facing any future revolutionary industry change.

Csr in Foxconn Essay

More and more companies are investing in China, to share the incredible profit generate from the 1.4 trillion people. One of the US based company, which it’s going to invest 35% of its stake, to a fast growing China private-owned timber flooring company. Like most local Chinese company, CSR is not implementing in that company as well as no management working on it. Generally speaking, CSR (Corporate Social Responsibilities) is a form of corporate self-regulation integrates into business model, in which a company monitors and ensures its active compliance with the spirit of law, ethical standard and international norms. Although this timber company has high growth in the market and generate good profit, it may easily pose a risk to investor if they are not pay attention to social and environmental issues. Below summaries would like to analyst the potential impacts may arise from different parties such as employees, consumers, environment, and communities and how they may be aff ected by the decision. First of all, it’s no doubt that employee are the basic component of an industry. By taking measures from the Social Accountabilities 8000 (SA8000), they should consider if the company has employed child labor. Child labor is very popular in China and other developing countries like Guatemala especially industry like involving agricultural and manufacturing that need high working force. It may violate the law and damage the company brand easily. Other than legal extend, an interesting figure showed that (www.DoWellDoGood.net), â€Å"83% of the employee will leave the job if their employer used child labor.† Obvious, child labor nowadays give more harm than good, instead, providing wellness program for employee and their families create certain shared value that they will love more the company in both mentally and physically. Moreover, it’s also important that the firm should provide adequate safety working environment as well as organize enough safety training. It will certainly reduce the number of accidents occurs. In the early 80s, China had launched Social Security Fund, all companies must follow closely and provide all kinds of insurances to employees in order not to obstruct from the law and political issue. In addition, the company should encourage workers to form union and those who involve won’t be discriminated. Because employee more involve in the discussion regarding payroll, community welfare and company development will surely increase their loyalty at all. The investor has to review all the working hours, salary standard and penalty and make sure it’s fair to everyone. Secondly, the investor should concern to the consumers’ feedback in which the company has to create customer’s satisfaction to their products. However, in this competitive world, many companies like to exaggerated the usage and beauty of their products to attract more customers by means of media as a communication platform. For this reason, the investor should review all these products advertisement that might cause harmful effect to the product brand name. Reputation of the timber flooring company takes years to come to the top five in China can be ruined in hours. One accident always cause in flooring industries may be the level of formaldehyde is so high that cause toxic to human. Heath problems always cause fatal to death of company. One of big scandal happened recently nearly killed AJISEN – one of the ramen restaurant in which â€Å"has been accused of making their broths using soup concentrate and cheap flavoring powders, known for a guarantee that all their soups come from a broth of pork bones simmered to perfection.†(Patrick Keefe) Stock price of AJISEN drops from HK$17.82 to HK$9.32 (51.7%) within 2 weeks just right after the scandal and never climb back up until now. Indeed, customer are all likely the same, they only purchase goods they fell confidence by faith as choices are not the only one. Above example shows a warning signal that in case the company has listed in the stock market in the future. They have to take care much more than now on the CSR issues as media can spread out news within one day. Thirdly, the company should put more efforts not to interfere the environment. Recently, Chinese government has set up many laws to preserve environmental friendly after enter the WTO, ISO14000 standard is basic management standard that has to follow. Due to their factories including plantation, chemical working for production and raw material importation, there are a lot of chances may encounter to environmental dispute. As an investor, other than make sure correct documentations and license for environmental issue, they also have to study all the process in terms of energy use and logistics. Considering the firm has 50% of timber source globally and 10% of their customers are overseas, excess packaging of products and greenhouse gases are not just costly to the environment but also costly to the business. â€Å"By reducing it’s packaging and cutting 100 million miles from the delivery routes of it’s trucks, Wal-Mart lowered carbon emissions and saved $200 million in cost†. (Harvard Business Review). Above example shows typical how mutual benefits if we re-arrange business decision and enhance regulation reforms even just simple as logistic. Besides, China has a lot of tax reduction and funding approaches to achieve government supports by encouraging people to protect the nature. Furthermore, the investor should also pay attention to their suppliers. Not only to check if the imported products are fulfill the regulations but also review the availability and the ease of transportation as 50% outsourcing of the company is not a small figure to ignore. Above all, CSR is not a short term objective, the investor should set up a CSR team in the company for promoting and working for long term prospective. It’s clearly that CSR is helping to build up the company brand far more easily than performing marketing and sales on timber flooring only. According to Harvard Business Review, â€Å"Not all profit is equal. Profit involving a social purpose represent a higher form of capitalism, one that creates a positive cycle of company and community prosperity†, it’s no doubt that customer will purchase more if the timber flooring shows â€Å"green† and if the company anticipate more social welfare activities. To conclude, the investor should immerse CSR into each employee and the community in order to enhance share value to form a mutually beneficial society.

Lecture Summaries #5 Coursework Example | Topics and Well Written Essays - 750 words

Lecture Summaries #5 - Coursework Example However, upon assuming his position as the president, Franklin Roosevelt’s determination to make effective changes to the economy led him into developing a program identified as the New Deal. This program was a representation of the culmination of long-term trends towards abandoning the â€Å"laissez-faire† capitalism to regulating the railroads, as well as the introduction of a number of reform legislations. The main aim of the program was to rid the nation from the financial illness that was paralyzing it. Some of the changes realized after the introduction of the New Deal are inclusive of the adoption of a program advocating for cooperation between the government and private businesses. On the other hand, President Roosevelt established a central economic planning in order to rescue capitalism as well as guarantee that the government was democratically representative. He used funds from the government to uplift the economy (America in the 20th Century, 10). Conversely, the New Deal utilized government policies for the redistribution of wealth from the wealthy individuals in the country, to the individuals in need. One of the causes leading to the economic crisis during the great depression was the heavy loans the banks gave to investors for stock purchases. The second New deal led to the introduction of social reform programs that would strengthen the commitment of the nation to create jobs and provide security against unemployment, illnesses and old age. The articles on the Second World War provide a revelation of some of the factors that led to its commencement as well as the way Americans responded to the war. Some of the factors leading to the commencement of the war include the fact that there were a number of unresolved issues from the First World War, outbursts from the worldwide economic depression and the stock crash in the year 1929, and American isolationism among other factors. One of the causes leading to

Computing globalization Essay Example | Topics and Well Written Essays - 2000 words

Computing globalization - Essay Example The argument over globalization is vigorous, often fervent, and has from time to time been aggressive. The issues are decisively significant for the upcoming economic development and interests of all the individuals of the sphere. The proof robustly supports the ending that development requires a policy structure that outstandingly includes a point of reference towards combination into the global financial system. This puts obligations on three sets: those who are most accountable for the procedure of the global economy, mainly the administrations of the developed nations; those who decide the scholarly environment, which incorporates this spectators but also administration and non-government associations and persons; and the administrations of the developing nations who stand the major liability for economic strategy in their nations (Fischer, n.d., p.3). Globalization is a procedure which influences all economies to changeable levels and has had both off-putting and optimistic manipulations on economic development and employment, depending on the financial tendency of a given financial system, mainly in global trade, the set of macroeconomic strategies approved and how they are explained in the overall growth procedure and economic progression. The study is, thus, an endeavor to examine the general impact of globalization and macroeconomic strategies on service and scarcity (Heintz, 2006, p.iii). The study also talks about democratization which has been a main international occurrence during the 20th century (Potter, 1997, p.1). The study discusses the limitations that the sheer existence of systems of social demeanor or environmental principles will not unavoidably in itself develop social situations for the working populace or reduce ecological destruction (Eisenbl'tter, n.d, p.1). Brief Review of Literature: As stated by Cox (1997), the capital products vary in significant ways from the other type of keys acquired by producers. Their occupation, united with labor, is of palpable vital importance to the achievement of a producer's operations (Cox, 1997, p. 49). The kind of advantages and proximity between consumers and manufacturers that is said to make possible the technology attainment procedure, are most probable to be significant when the technology concerned is costly, multifaceted and rapidly mounting (Cox, 1997, p. 50). As assessed by Thai, Rahm and Coggburn (2007), world structure theory views globalization as a procedure through which private enterprise extends

Law School Personal Statement Example | Topics and Well Written Essays - 500 words

Law School - Personal Statement Example This story of my past has always been the inspiration for my future, and the farther I look backward, the farther forward I am able to see and to proceed. Therefore, it is optimistic vision of life and the ability to look forward that helped me reach a higher status in life, and, today, I own a million dollar business and investments. In spite of my low beginnings, I have always persisted with the goal to become an attorney in life and have been successful to the date as I have completed my B.S. (Criminal Justice) in May 2008 from Virginia University. My unwavering aspiration for the career of an attorney has guided me here and I am definite about the way ahead to the attainment of my ultimate goal and success in life. I strongly believe that my person has been the creation of my past, and whatever I have grown to become or will ever reach to attain in my life is the result of my pat experiences.