Marketing Project Example

Marketing Project Example Marketing Project Example The marketing project example is the type of creative work aimed to successfully advertise products or services. Â  In the modern world, the trend of preferring local producers of all the possible goods is becoming more popular every year. People tend to believe that a local producer would have the best quality of grocery or other goods just because they are produced in the area around consumers. That is why, the marketing project example is going to describe the campaign designed for the local company. To start the local company, an entrepreneur should do a huge amount of work. An essential step is to conduct a marketing campaign about the product of the future company to find out the market size, possible revenue, and volume of sales. The company, which would be the scope of the research is the new grocery store with one hundred percent natural, GMO and pesticides free products. The first step of each marketing campaign is setting the goal of it. It sounds slightly easy but each purpose of sales or marketing should have different campaigns, which use different tools and methods to operate it. In the case of launching a new local grocery brand, the marketing campaign should answer the questions about intended volume of sales, market size, and expectations about profit. The deadline for this marketing project completion is three months, which is enough to conduct an extensive research and analyze the obtained results. The success of the marketing project and its level of confidence mainly depends on the methods of marketing research, which were to create this project. It means that methodology should be chosen very carefully. In the case of a new grocery store, it was decided to choose an effective mix of methods, which would provide both scientific and ‘field’ data. Firstly, focus-group method would be applied. It would help to get the scientific social information about the intended consumers of this area and to assess the prospects of the new store. The second method would be the observation of the real grocery events during two months. It would provide the marketing specialists with the most relevant information, which is gathered ‘on the field’. The reason of choosing those two methods is because they support each other. One is very credible with small groups, but still is a sociological one, which means that it could have irrelevant data because of the focus-group size. Another method is not so exact, but it provides a general idea about the market and prospects of the new brand. After two months, the research specialists could start working with gathered information to organize it into the proper marketing project summary. The obtained information was gathered by fifty focus groups; each consisted of fifteen people with a different demographic background. Furthermore, the analysis of eleven events from the intended market, for instance, weekend grocery markets or thematic events of this industry have also given some relevant info. The marketing specialists made an excellent job to analyze the obtained data, using the last version of STATISTICS software. The marketing project is credible and relevant, which is shown by the 95 percent confidence of the obtained data. References Hall, R. (2009). Brilliant marketing. Harlow, England: Pearson Prentice Hall. Kerin, R., Hartley, S., Rudelius, W. (2009). Marketing. Boston: McGraw-Hill/Irwin. Peck, D. (2011). Think before you engage. Indianapolis, IN: John Wiley Sons. Treadaway, C. Smith, M. (2010). Facebook marketing. Indianapolis: Wiley Pub.

University of Arkansas at Monticello Admissions

University of Arkansas at Monticello Admissions University of Arkansas at Monticello Admissions Overview: The University of Arkansas at Monticello has open admissions, meaning that all interested students have the chance to study there if they meet minimum application standards. Those interested in attending will need to submit an application, high school transcripts, and scores from the SAT or ACT. Admissions Data (2016): University of Arkansas at Monticello Acceptance Rate: -University of Arkansas at Monticello has open admissionsTest Scores 25th / 75th PercentileSAT Critical Reading: - / -SAT Math: - / -SAT Writing: - / -Whats a good SAT score?Compare SAT scores for Arkansas collegesACT Composite: - / -ACT English: - / -ACT Math: - / -Whats a good ACT score?Compare ACT scores for Arkansas colleges University of Arkansas at Monticello Description: Founded in 1909, the University of Arkansas at Monticello is a public, four-year institution located in Monticello, Arkansas. Little Rock is about 90 miles to the north. The school has small branch campuses at Crossett and McGehee. The university offers a wide range of academic programs at the associate, bachelors, and masters degree levels, as well as about 30 professional certifications. Academics are supported by a 17 / 1 student / faculty ratio, and the school takes pride in the personal attention students receive. The schools attractive campus includes a pond, farm land, and woods. In fact, UAM has achieved Tree Campus USA status every year since 2010, and the university is proud of the main campuss 1,433 trees representing 80 different species. UAM has the only School of Forestry in Arkansas, and over a thousand acres of the schools 1,600-acre campus are forest land used for research and instruction. Athletics are popular at UAM. Intramural sports include racquetball, bowling, billiards, wallyball, volleyball, and dodgeball. On the intercollegiate front, the UAM Weevils compete in the NCAA Division II  Great American Conference. Enrollment (2015): Total Enrollment: 3,643  (3,428 undergraduates)Gender Breakdown: 43% Male / 57% Female62% Full-time Costs (2016  - 17): Tuition and Fees: $7,210  (in-state); $13,060 (out-of-state)Books: $1,200 (why so much?)Room and Board: $6,338Other Expenses: $3,600Total Cost: $18,348  (in-state); $24,198 (out-of-state) University of Arkansas at Monticello Financial Aid (2015  - 16): Percentage of New Students Receiving Aid: 97%Percentage of New Students Receiving Types of AidGrants: 95%Loans: 60%Average Amount of AidGrants: $7,649Loans: $5,168 Academic Programs: Most Popular Majors:  Agriculture, Business Administration, Criminal Justice, General Studies,  Health and Physical Education,  P-4 Early Childhood Education Transfer, Graduation and Retention Rates: First Year Student Retention (full-time students): 52%Transfer Out Rate: 20%4-Year Graduation Rate: 12%6-Year Graduation Rate: 18% Intercollegiate Athletic Programs: Mens Sports:  Football, Basketball, Baseball, Track and Field, Golf, Cross CountryWomens Sports:  Basketball, Golf, Softball, Track and Field, Volleyball, Cross Country Data Source: National Center for Educational Statistics If You Like University of Arkansas at Monticello, You May Also Like These Schools: Arkansas Tech UniversityHenderson State UniversityUniversity of Arkansas at Little RockUniversity of Central Arkansas (UCA)University of Arkansas at Fort SmithUniversity of Arkansas at FayettevilleHarding UniversityLyon CollegeHendrix CollegeGrambling State University

The Concept of Failed State, New War and New Terrorism Essay

The Concept of Failed State, New War and New Terrorism - Essay Example "Nation-states exist to deliver political goods-security, education, health services, economic opportunity, environmental surveillance, a legal framework of order and a judicial system to administer it, and fundamental infrastructural requirements such as roads and communications facilities to their citizens. Failed states honor these obligations in the breach. They increasingly forfeit their function as providers of political goods to warlords and other non-state actors. In other words, a failed state is no longer able or willing to perform the job of a nation-state in the modern world".( ) This means that a failed state is characterized by certain indicators like non-existent safety and security for citizens, crumbling health care, education, infrastructure, and economy. This sort of situation can give rise to "emerging anarchy" where : "Failed states" can be viewed as a problem of "emerging anarchy" where organized groups that lack many of the attributes of statehood must pay attention to the primary problem of their own security. In a state of emerging anarchy, or whenever the internal balance of power shifts, questions of control become pre-eminent. This strategic environment can cause hostile groups to fear extinction and yield to mob violence. In a failed state where the lack of a central agency to provide law and order gives rise to warring factions struggling to fill the power vacuum, state failure is involved in a vicious circle with the outcomes of "new war". The term "new war" took on a new meaning after the events of September 11, but in fact, the term had already been coined in the 1990s by Mary Kaldor, who went on to explain her theory in magazines like The nation in November 2001: These new wars have to be understood in the context of globalization. They involve transnational networks, based on political claims in the name of religion or ethnicity, through which ideas, money, arms, and mercenaries are organized.....In the new wars, the goal is not military victory; it is political mobilization. Whereas in old-fashioned wars, people were mobilized to participate in the war effort, in the new wars, mobilizing people is the aim of the war effort, to expand the networks of extremism. In the new wars, battles are rare and violence is directed against civilians. The strategy is to gain political power through sowing fear and hatred, to create a climate of terror, to eliminate moderate voices and to defeat tolerance. And the goal is to obtain economic power as well.

People and organisations Essay Example | Topics and Well Written Essays - 1750 words

People and organisations - Essay Example They were based on Taylor’s scientific management processes which emphasised close supervision. However, more advanced studies such as the Hawthorne studies found out that specialisation created boredom, low productivity and high turnover. Furthermore, modern organisations operate in a global competitive climate which requires them to be flexible enough to adapt quickly to changes. As such, modern organisations now rely on contingency factors to structure organisations and teamwork to motivate workers. The organisation culture also plays an important role in defining how employees experience their work and how organisations are operated. The paper will discuss how two organisations differ in the way they are operated and how people experience work. This will be achieved by looking at their approaches to teamwork and teamworking, approaches to organisation structure and design, and the organisation cultures. Biogenia plc is a world-leading business dealing with crop-protection products (herbicides, fungicides, and insecticides) with 15000 employees in over 80 countries and has manufacturing facilities in 10 countries. Its activities are grouped into four functional areas but employees also work in cross-functional teams. The company is driven by innovation and employs highly qualified employees from diverse backgrounds. It also offers room for development through training courses and sponsoring education. It is also engaged in community activities by offering sponsorship. Sleepeasy Hotels on the other hand, is a mid-market hotel chain offering services to traveller and city-break tourists. Each hotel is headed by a manager who is responsible to the head office and manages day-to-day activities of the hotel. All the hotels perform similar functions such as reception, bar tending, room-cleaning, and cooking according to standard procedures and routines. Each manager recruits employees with assistance of central Human Resource function; some room-cleaners ar e permanent while others work part-time. The chain has a culture of performance management and review and disciplinary procedures. Approaches to Teamwork and Teamworking According to Forsyth (2009 p. 351), â€Å"teams are groups but not all groups are teams.† Some organisations work as a group to accomplish organisational goals while others form teams for specific purposes which are aimed at accomplishing the organisational goals. He points out the difference between groups and teams in that, teams require more collaboration and coordination in addition to having multiple members, interdependence and sharing of collective goals (p. 352). Each member is also assumed to possess unique knowledge, skills and abilities that he/she contributes to the effectiveness of the team. Classical organisations stressed individual work hence complex division of labour and specialisation but contemporary organisations have realised the need to utilize teamwork to achieve goals as well as trans mission of skills and knowledge between individuals’ hence organisational learning and increased motivation. Sleepeasy is an example of a classical organisation as each employee is responsible for his/her work which is monitored closely by a supervisor. The room-cleaning employees are supposed to attend 4 rooms in an hour failure to which disciplinary action is taken. For Biogenia, even though workers belong to a functional area they also belong to a cross-functional team. As observed by Forsyth (2009) teams come in different forms and perform different functions depending on organisational needs. Cross-functional or project teams comprise of members from different functional areas or departments, have different backgrounds and areas of expertise. These teams may

Physical Education Essay Example for Free

Physical Education Essay Brief Description of Teaching Approach Used by the Teacher: Direct instruction- a lecturing method of teaching because it can cover large amount of materials in a short period of time. Teaching Aids used Strengths Weaknesses Comments on Appropriateness of the Teaching Aids used Chalk board Handouts Books White board Used as a medium for verbal communication It is economical and reusable Aid learning and increase attention and motivation and help students to follow the development of idea. Could be react for instruction, recreation or entertainment Easier to hold and does not generate dust  It does not provide a permanent record This is a role of no confidence in students note taking, some of them may feel cheated because they took notes unnecessarily. Dependent about the ideas that is written in the book The white board background can cause problems to those with vision impairment The chalk board is often neglected and it does not get the proper care it deserves. Using handouts or not is an act management not simply of information-giving books are effective to use as an instructional tool because it makes students to think and understand clearly about the lesson  is effective to use because it does not generate dust that comes from using and erasing chalks Your Analysis 1. What do you think prompted the teacher to choose the materials/learning resources that she/he used? 2. What difficulties, if any, did the teacher experience? How can this be managed? 3. Over-all, were the learning resources /materials used effectively? Why ? Why not? Charlene Atig Technology is a tool for a meaningful learning. During our observation in a particular class a teacher used chalk board during her presentation of lessons. I think teacher prompted to choose the materials/learning resources that she used was it’s because she conceived that those aids was effective and suit to her students’ needs of learning. And in other cares, maybe a teacher can’t use a power point presentation it’s because there is no availability or lack of computers those instructional materials that can be used in teaching. A teacher should facilitate evaluative process by focusing students’ attention in the effectiveness, efficiency of instructional materials. Teacher experienced the difficulty especially students showing restlessness or boredom to the presentation. So, it is often helpful for a teacher to shoe genuine interest to the students. Or if not, she need to change her strategies in teaching, aside from using visual aid, it’s better to use power point presentation because it attracts students look and attention. I can’t say that all those learning resources/materials were effective in used to the students. Teacher was still need to adjust her plans to match the changing interest and needs of the learners. During the discussion, students show boredom about the presentation of the lesson because visual aid for me describe as a dry tool to be used to the learners. Maybe, until now, that aid is effective to some but using technology can create a meaningful learning that transmits students effectively. It is much better to use power point to present well the lessons clearly including some examples especially pictures. Ellvine Pia Bonocan During our observation, the instructional materials that were used by the teacher were chalkboard, whiteboard, handouts, and books. The very common teaching aids used in classroom. I think the teacher used those instructional materials because she thought that it would be more effective to use those things or strategies. Maybe she still not used to a power point presentation. At the time that we observed, the students were reporting about a particular topic given by their teacher. I think the difficulties that the teacher experienced were: she can’t manage the class and the way her students behaved while having a reporting because some were texting and some were chatting with their classmates. I guess, for the teacher to manage those unnecessary things done by her students during the reporting would become lessen if only if she will give her full attention to her students and telling the students to listen and stop doing something while the reporting is still going on. The learning resources were somehow not effective because for me using that instructional materials nowadays is dry and boring to look at. The students won’t focus on the report because they’ll feel bored looking the same things used in reporting. There is a need to enhance the ways or strategies that the teacher applied. She must tell her students to used power point in their report so that the class would be lively and they will focus in the reporting. There will be more interaction between teacher and students. To also developed student’s participation in class activities for that matter. Annie Rose Calumpang At this time and age, teachers have a wide a choices on what instructional materials to use. However, when I visited the classroom and observed what instructional materials or teaching aids that is used by the teacher the most common instructional materials used are the chalkboard, handouts, books, and whiteboard. Teacher used these instructional materials because its inexpensiveness and it is economical and reusable. When we observed a class, that time, the students are reporting about the topic that the teacher assigned to them. The difficulty I observed in the teacher she can’t handle the attitude of the students. Some of the students are talking and got bored in the report because the reporters does not explain their report they always read without analyzing the assigned topic. To manage this, teacher should tell the students to give a copy about their report to their classmates so that they will listen to the reports. The learning resource/materials are used effectively because students learning become more interactive through applying accepted learning theory. There is an interaction between students and teacher which can enhance the student’s participation or cooperation Roxanne R. dela Cruz The teacher might think that the materials she used might attract and will stand as a reminder to the students who see it. It could be a resourceful tool to student to master such learning objects. The difficulties of a teacher would be the strategy they’ll make if they are going to present pictures or illustrations to make it more clear and can easily understood. The materials were effective more some reasons but not enough for this new generation because the school has poor learning materials it might cause students to be NOT more competent and well-prepared in the future. Reflection Charlene Atig As a future MAPEH teacher someday, I will first have my self-evaluation for the improvement of learning. I used aids that create and contain well organized Teaching aid materials. In my case, I should prefer to use slide presentation because I think this aid present an applicable future understanding about the needs of the learners and can really enhance instruction. And at the end of the activity, students can gain competence in developing and utilizing materials (slide presentation) which involve students in meaningful learning. At this point student show interest to the lesson being presented. Ellvine Pia Bonocan Being a teacher is not that easy in fact it’s enjoyable dealing or teaching different type of students. If I put myself in the place of the teacher where we had our observation, the thing that I would do similarly is to give student’s reports so that they can practice facing people or the class and to help them develop their communication skills and to build self-confidence through reporting. The thing that I will do differently is to change the teaching strategy that was used by the teacher. If I will become a teacher soon, I want to make the students or class lively in a way that the students won’t get bored in the class because that is the only or reason why students don’t want to listen to the reports or discussions. So, to minimize this, you as a teacher, you must find ways to entertain student’s interests, you should have a sense of humor so that they’ll not get bored sitting and listening to the report or discussion. You must be patient enough to find  ways or strategies that will be suit to student’s interest to make your discussion more interactive and at the same time effective. So, to awaken them, you must tell your students to make their reports using a power point presentation because nowadays this is commonly used instead of using visual aids. They should learn how to use a power point presentation in reporting not to give their financial problem but to help them discover the use of technology nowadays because in this generation it’s really needed and useful. Annie Rose Calumpang If I were on the part of the teacher, the teaching skills that I would similar to her teaching strategies are the way I incorporate the instructional materials into a lessons like giving handouts to the students about the topic and the way I applied my teaching strategies to encouraged students to be active and alert during the learning process like asking question to the students about the topic, then each of the students should have an answered to that questioned, so that, there is an interaction between the teacher and the students to make learning process became more interesting. Then the different strategy that I would do to make students motivate well in the learning process before I discussed the lessons to the students, a number of questioned about the topic can served from the students to arouse their interest and focus their attention to the topic. As a whole, learning is meaningful when it is connected to the student’s everyday life. A good teaching enhanced students to interact in different classroom activities to make teaching learning possible. Roxanne dela Cruz As a student in the field of arts I’m going to make things clear and try my best to do more original illustration. I’ll motivate my students to learn more than just the content on the objects they see. Student-centered will be my primary objective.

The Great Houdini :: Free Essays Online

The Great Houdini  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The performer known world wide as Harry Houdini was born on March 24, 1874 in Budapest. Although Houdini often claimed to be born in Appleton, Wisconsin, Houdini actually came to the United States when he was four years old. To this day many connected with the small town of Appleton still claim the untruth that Houdini was born there strictly to attract tourists. Houdini's father was Mayer Samuel Weiss. Houdini's father was a Rabbi. His mother's name was Cecilia Steiner Weiss. His parents spoke little English, and the family was quite poor so most of the children began to work at an early age. From the age of eight young Ehrich Weiss sold newspapers and worked as a shoe shine boy. At the age of 12, young Ehrich left home to make his way in the world in an attempt to help support his family. Young Ehrich traveled the country for about a year, always sending money home when he could. Finally he joined up with his father in New York City. The family moved to New York in the hope of find ing a better life there. In New York, Houdini worked as a messenger and as a cutter in a garment center sweat shop, to help support his family. Houdini began performing magic as a teenager first calling himself Eric the Great. Ehrich acquired the name Houdini from a book he read, "The Memoirs of Robert-Houdin," the autobiography of one of the greatest magicians of the day. Influenced by what he read and learned about the internationally known magician Robert Houdin, young Ehrich changed his name to Houdini, hoping to be in some way like his new found mentor. Houdini's first magic shows consisted of card tricks and other simple magic. Soon Houdini began experimenting with hand cuffs and using them in his acts. Houdini performed with another young man who worked with him in the factory in New York. They called themselves the Houdini Brothers. Soon Houdini's younger brother Theo took the place of the boy from the factory. Together with his brother Theo, they tried to succeed as the Houdini Brothers. Their first performances included shows at amusement parks, beer halls, "dime museums," and at the Chicago World's Fair in 1893. In 1894, Houdini met Wilhelmina Beatrice Rahner, who was singing and dancing as part of the Floral Sisters.

McCloskey in his article claims

Atheism is a belief that has entered the mind of man prior to the advent of scientific revolution. This ideology is not an original one and has its roots even during the time of the kings and prophets in the Old Testament. The Bible records their existence in one of its verses â€Å"The fool hath said in his heart, there is no God†[1].They have been a minority in the past but as man’s ability to invent and create progressed so does his self ego and pride expanded. More and more people are now embracing the belief that there is no God and the belief in an all powerful being is simply unreliable because there are no strong proofs that can prove its validity.[2]Some of the countries which receive a high rate of atheism include first world countries like Japan, Denmark, Norway, Finland, France, Germany and Sweden which topped the list.[3] It has indeed received prominence in the world and it is attracting more supporters through the series of counterarguments it throws to t heism.McCloskey in his article claims that proofs or arguments which theists provide to support their belief â€Å"have no weight†.[4] He speaks of this primarily in relation to the ontological argument, the argument which attempts to show that the very concept of God implies his reality.[5] McCloskey believes that there is no point in debating on this particular proof because it has no bearing but the ontological argument serves as the very foundation for other arguments which supports and defends God’s existence.If not for the purpose of proving His existence, the ontological argument is still necessary because it distinguishes the characteristics of God whom we are defending. The first rule of philosophical discourse is clarity and since God is the main topic, there is no way in which we should avoid discussing the ontological argument. Actually, McCloskey’s failure to analyze the ontological argument is one of the reasons why he failed to understand the thei sts’ arguments.The diversity of religious beliefs scattered in the world is not aiding the theistic endeavor. It has further complicated the defenses used by theists all over the world. Fortunately, Evans clarified some misconceptions about the characteristics of God in his article.For one, atheists refute the belief of an all powerful being because it will result to absurdity. According to them such a being should be able to create an object that is both a circle and a box or if not create a boulder so heavy that he himself cannot carry. But such a rebuttal should not be considered as worthy to be accepted. It is only a mockery.Atheists fail to remember that the God who is being supported by the cosmological, teleological and moral argument is a God of reason.   He is indeed all powerful but the phrase â€Å"all powerful† is not to be equated to human vocabulary as being absolute. It is only used to elaborate on the fact that compared to man his power is unimaginabl e. He is not bound or limited by anything in this world.He is not governed by the systems of the world rather he governs it. Whatever we do will not diminish nor lessen his godliness. He is the only thing that is constant in this world and will not undergo any change. He is self-existent and will remain that way forever.Further clarification of the nature of God will lead us to the Cosmological Argument. The cosmological argument states that God’s existence is inferred through the existence of the cosmos or the universe.[6] According to McCloskey, â€Å"the mere existence of the world constitutes no reason for believing in such a being (omnipotent)†.[7]He argues that the most we can accept is that the cause, which is the first cause or God, is powerful enough to create the universe.   But this position is in no way contradicting the belief that a being which is powerful enough did began the series of events which triggered the composition of the universe.It perfectly meets the demand of the temporal argument which only assumes that the universe had a first moment of existence. I have earlier stated that the phrase â€Å"all powerful† should not be misinterpreted because it is only used figuratively to describe God. How can you further address someone that is able to trigger the formation of galaxies? Will the word â€Å"powerful† or â€Å"very powerful† be sufficient ?For the sake of emphasizing his greatness we use the term â€Å"all powerful† because no man can ever do the things that he have done. It is unimaginable for man to even produce a single strand of hair from nothing. Yes, scientists have managed to clone plants, animals and humans but he is only capable of doing such if he has a specimen. He starts from something and makes it more complex but creation is not done in that process. It is from nothing to something.[1] â€Å"Psalm 14:1†, The Holy Bible.com, accessed on 13 May 2010. [2]   Martin, Mic hel, â€Å"Report: Atheism on the Rise in U.S.†, 2009, NPR.org, accessed on 13 May 2010 from http://www.npr.org/templates/story/story.php?storyId=111885128 [3] Zuckerman, Phil. â€Å"Atheism: Contemporary Rates and Patterns†, chapter in The Cambridge Companion to Atheism, ed. by Michael Martin, Cambridge University Press: Cambridge, UK (2005). [4] McCloskey, H.J. â€Å"On Being an Atheist†, p. 50 [5] Evans, Stephems â€Å"Classical Arguments for Gos’s Existence†, p. 63 [6] ibid., p. 67 [7] opcit, McCloskey, p. 51

The Thoughtful Forecaster

Becoming a thoughtful forecaster is important to the development of any company today. Understanding the financial aspects of your company can be the deal-breaking point of whether your company is a successful one or not. In the case, â€Å"The Thoughtful Forecaster†, we learn that sometimes you are right and sometimes you are wrong, which is partially due to one’s bias. We also learn that being a thoughtful forecaster involves trial and era. It isn’t easy but throughout the processes you start to understand the financial relationships within your business.The financial statements provide information needed in order to make a proper analysis and provides you with the historical strengths and weaknesses of your business. The income statement, also known as the â€Å"profit-and-loss statement†, is utilized to measure the flow of cost, revenue, and profits over a period of time. The balance sheet gives an over view of business investments and the financing in a particular time. Together these two statements can give a thorough outlook of the business’s performance and a better understanding of the mechanics that make up the business operations.Interpreting and utilizing financial ratios is an important way to evolve into a successful financial forecaster. Examining a business’s performance includes: growth rates, margins, turnover, and return on investments. Growth rates capture the year-on-year change in percentage of a particular line item. It can be separated into two growth measures: unit growth and price growth. Unit growth is the growth of revenue due to an increase in units sold. Price growth is the growth revenue due to an increase in the price of each unit.Margin ratios are the percentages of revenue that has not been consumed by any business costs. Margins also measure the cost structure of the business which includes important definitions/ratios. These are: gross margin, operating margin, and net profit margin. Turnover ratios are used to measure productivity, or efficiency, of business assets. It is created by dividing a measure of volume from the income statement by a measure of investment from the balance sheet.There are several measures of turnover and they include: receivable turnover, inventory turnover, PPE turnover, asset turnover, total capital turnover, and payable turnover. An alternative form of measuring the asset productivity is in â€Å"days†, which takes the investment amount divided by the volume, which is then multiplied by 365 days. The resulting number is the average number of days in a year that an investment item is held by the business. Return on investments (ROI), is the profit generated per dollar of investment and the measure for calculating return on investments.This measure includes: pretax return on assets, return on capital (ROC), and return on equity (ROE). Financial ratios are useful in forecasting financial statements because they show the relationsh ips across financial-statement line items of the past. The financial models can be helpful in identifying the impact of assumptions on the forecast. Most financial models are composed in excel through a spreadsheet. By doing this it makes it easier to see the assumptions for the different forecast scenarios but it is also used to correct any of the assumptions that were inaccurately made.The forecasting process should go hand-in-hand with the constant economic changes and you should take into consideration the industry and economy wide pressures it endures. These pressures include: inflation, price-growth assumptions, and any economic recessions. Industry reality should also be taken into place and here you should consider business profitability and follow the guidelines that qualify a business to have higher or lower profitability. Having a high profitability does not always mean a high performance.It is important to recognize that the strategy of competitors do not stand still, an d your forecasting should be adjusted when needed according to aggressive competition. Two elements that become a problem in business forecasting are optimism bias and overconfidence bias. Optimism bias is stated as a systematic positive error in the expected value of an unknown quantity. Overconfidence bias is a systematic negative error in the expected variance of an unknown quantity. It is a difficult task but it is important to have an unbiased outlook for the forecast, which is done by having estimated high-side and a low-side scenarios.When forecasting the financial statements of the Maytag Corporation for the end of 2004, the company’s annual report provided me information from the income statement and the balance sheet from the previous two years. On there is calculations and a variety of ratios including the sales growth to return on assets. The ratio analysis gives us a sense of the trends in the business performance. Next it shows that a thoughtful forecaster would need to make assumptions into the future.Although these aren’t completely accurate, they can give us a clearer more centralized view of the analysis. With the qualitative/quantitative research and the historical data that was given we can assume the company will maintain its position in a declining industry. An increased entry of foreign competition will lead to zero sales growth for Maytag in 2004. Although all the events of 2004 cannot be predicted with the guidance and use of thoughtful analysis, we can conclude a reasonable and unbiased expectation of future performance has been represented.

Water Pollution1 essays

Water Pollution1 essays Physics CP (9-11) Ms. Monillas The societies of this world need to wake up, and not only listen to, but understand that it is time to find better ways of dealing with wastes, rather than nonchalantly dumping it into our oceans. For decades people in societies worldwide have taken advantage of the Earths waters simply by dumping whatever they do not want into them. Apparently our time of easy disposal has run out, the oceans and the life within our showing distinct signs of poor health. The continuous dumping (or traditional dumping) of industrial wastes as well as sewage and garbage into the oceans is beginning to show definite signs of pollution caused stress. The National Research Council recently published information stating that human intervention has begun to take its toll on the marine environment. The ecological balance of oceans worldwide are at a dangerously unstable state, the effects of man-made pollutants introduced into the waters and seas are having severe consequences upon the marine life living there. There is much that needs to be accomplished before scientists can fully understand how bad our oceans and seas really are. Even more importantly, is the fact that environmental action must be taken now to reduce the oceans growing plight. Arguably the most contributing polluters to our oceans are the major industries of the world. Industrial ocean pollution has incorporated a wide variety of polluters, ranging from major oil spills dispersing toxic chlorinated hydrocarbons (the resultant of the breakdown of petroleum) to PCB=s (polychlorinated biphenyls) as well as DDT=s (dichloro-diphenyl trichloroethane, which is banned in the U.S. but still largely used in third world countries) all of which are used widely in chemical pesticides and detergents The introduction of oil into our oceans occurs in three major ways; by tanker accidents, faulty underwater pipelines, or oilrig blowouts. The times atl...

Composites In Boeings 787 Dreamliner

Composites In Boeing's 787 Dreamliner What is the average density of the materials used in a modern airliner? Whatever it is, the reduction in average density has been huge since the Wright Brothers flew the first practical airplane. The drive to reduce weight in airplanes is aggressive and continuous and accelerated by rapidly climbing fuel prices. This drive lowers specific fuel costs, improves the range/payload equation and helps the environment. Composites play a major part in modern airplanes and the Boeing Dreamliner is no exception in maintaining the decreasing weight trend. Composites and Weight Reduction The Douglas DC3 (dating back to 1936) had a take-off weight of about 25,200 pounds with a passenger complement of about 25. With a maximum payload range of 350 miles, thats about 3 pounds per passenger mile. The Boeing Dreamliner has a take-off weight of 550,000 pounds carrying 290 passengers. With a fully loaded range of over 8,000 miles, thats roughly  ¼ pound per passenger mile - 1100% better! Jet engines, better design, weight saving technology such as fly by wire - all have contributed to the quantum leap - but composites have had a huge part to play. They are used in the Dreamliner airframe, the engines, and many other components. Use of Composites in the Dreamliner Airframe The Dreamliner has an airframe comprising nearly 50% carbon fiber reinforced plastic and other composites. This approach offers weight savings on average of 20 per cent compared to more conventional (and outdated) aluminum designs. Composites in the airframe have maintenance advantages too. A typically bonded repair may require 24 or more hours of airplane downtime but Boeing has developed a new line of maintenance repair capability that requires less than an hour to apply. This speedy technique offers the possibility for temporary repairs and a quick turnaround whereas such minor damage might have grounded an aluminum airplane. That is an intriguing perspective. The fuselage is constructed in tubular segments which are then joined together during final assembly. The use of composites is said to save 50,000 rivets per plane. Each rivet site would have required maintenance checking as a potential failure location. And thats just rivets! Composites in the Engines The Dreamliner has GE (GEnx-1B) and Rolls Royce (Trent 1000) engine options, and both use composites extensively. The nacelles (inlet and fan cowls) are an obvious candidate for composites. However, composites are even used in the fan blades of the GE engines. The blade technology has advanced tremendously since the days of the Rolls-Royce RB211. The early technology bankrupted the company in 1971 when its Hyfil carbon fiber fan blades failed in bird strike tests. General Electric has led the way with titanium-tipped composite fan blade technology since 1995. In the Dreamliner power plant, composites are used for the first 5 stages of the 7 stage low-pressure turbine. More About Less Weight What about some numbers? The GE power plants light weight fan containment case reduces aircraft weight by 1200 pounds (more than  ½ ton). The case is reinforced with carbon fiber braid. That is just the fan case weight saving, and it is an important indicator of the strength/weight benefits of composites. This is because a fan case has to contain all debris in case of a fan failure. If it will not contain the debris then the engine cannot be certified for flight. Weight saved in blade turbine blades also saves weight in the required containment case and rotors. This multiplies its saving and improving its power/weight ratio. In total each Dreamliner contains about 70,000 pounds (33 tons) of carbon fiber reinforced plastic - of which about 45,000 (20 tons) pounds is carbon fiber. Conclusion The early design and production problems of using composites in airplanes have now been overcome. The Dreamliner is at the peak of airplane fuel efficiency, minimized environmental impact and safety. With reduced component counts, lower levels of maintenance checking and greater airtime, the support costs are significantly reduced for airline operators. From fan blades to fuselage, wings to washrooms, the Dreamliners efficiency would be impossible without advanced composites.

Ethical Leadership is Mostly about Leadership Integrity Essay

Ethical Leadership is Mostly about Leadership Integrity - Essay Example It has been determined that very ethical leaders lead the most successful organizations in the world and these leaders have steered them towards this path. Those organizations which have been seen to collapse or are on the verge of collapsing recently have been led by leaders who have turned out to be very unethical in their practices and these practices has led to the mistrust of their leadership both from within their organizations, and also from the public which the organization has to serve. The lack of confidence in an organization due to the unethical practices of its leaders leads to a mistrust from those who receive the services of such an organization and in the process, the customers of such an organization may choose to look for alternative organizations that provide the same services and have a more credible leadership. Scandals that arise due to matters of ethics within an organization are very difficult things to deal with and they not only affect the leadership of such an organization but they also affect the employees or subordinates and their families. It is therefore best for leaders within every organization in the world to ensure that they maintain the highest standard of ethical leadership that can be achieved within the organization (Sama and Shoaf, 2008, 39 - 46). It is a fact that the integrity of the leadership within an organization is what determines its following of ethics (Perles, 2002, 59 – 66). If the leadership is corrupt, then the practices of the organization will more likely than not be corrupt because the leaders will not be working for the organization’s best interests but for their own interests.