Saturday, January 25, 2020
Transformation of Rev. Arthur Dimmesdale in Hawthornes The Scarlet Let
The Scarlet Letter: The Transformation of Rev. Dimmesdale "Life is hard, but accepting that fact makes it easier." This common phrase clearly states a harsh fact that Rev. Dimmesdale, a character in Nathaniel Hawthorne's The Scarlet Letter, had to face. In this story of deception and adultery set in the Puritan era, Hawthorne introduces Dimmesdale as a weak and cowardly man who refuses to take responsibility for his actions. The Rev. Dimmesdale is a transitional character in that he is, at the beginning of the novel, outwardly good but inwardly deceitful and by the end of the novel he becomes both outwardly and inwardly truthful.               At the beginning of the novel, Dimmesdale has established quite a reputation for himself. In discussing individual members of the magistrate, the towns people describe Dimmesdale as a "God fearing" gentleman, "but merciful overmuch (49)". Due to his actions all of the people respect and look up to the Reverend. Throughout the story, Dimmesdale desperately tries to confess, envying Hester, for her courage, he says, "Happy are you Hester, that wear the scarlet letter openly upon your bosom†(188)! Even at the end of the novel, when finally attempting to confess, people are compelled by his final sermon, raving that "never had a man spoken in so wise, so high, and so holy a spirit, as he that spake this day†(243).  Proving that he was a very loved and influential man in the small town.               In further developing Dimmesdale's character, Hawthorne portrays him as a hypocrite. His outward demeanor deceives the villagers, appearing as a completely holy man. However, before the action of the novel begins, he stumbles into sin, by committing adultery with Hester Pryn... ...and a character other than Dimmesdale could not have painted such a vivid, and memorable picture in one's mind.  1.                        Great thesis statement !!! 2.                        Your conclusion paragraph should be more detailed. Restate in just a few sentences the points that you made in your paper and what conclusions you have drawn from those points. 3.                        When quoting, the parentheses, which hold the page number, should come after the quotation marks and the punctuation should come after the parentheses. An example of a correctly cited quote would be â€Å"A spell was broken†(251). Instead of â€Å"a spell was broken (251)†. 4.                        Also be careful of run-on sentences. Let your sentences contain only one or two ideas, not three or four. Do not over-use semicolons or colons, use a period instead. Transformation of Rev. Arthur Dimmesdale in Hawthorne's The Scarlet Let The Scarlet Letter: The Transformation of Rev. Dimmesdale "Life is hard, but accepting that fact makes it easier." This common phrase clearly states a harsh fact that Rev. Dimmesdale, a character in Nathaniel Hawthorne's The Scarlet Letter, had to face. In this story of deception and adultery set in the Puritan era, Hawthorne introduces Dimmesdale as a weak and cowardly man who refuses to take responsibility for his actions. The Rev. Dimmesdale is a transitional character in that he is, at the beginning of the novel, outwardly good but inwardly deceitful and by the end of the novel he becomes both outwardly and inwardly truthful.               At the beginning of the novel, Dimmesdale has established quite a reputation for himself. In discussing individual members of the magistrate, the towns people describe Dimmesdale as a "God fearing" gentleman, "but merciful overmuch (49)". Due to his actions all of the people respect and look up to the Reverend. Throughout the story, Dimmesdale desperately tries to confess, envying Hester, for her courage, he says, "Happy are you Hester, that wear the scarlet letter openly upon your bosom†(188)! Even at the end of the novel, when finally attempting to confess, people are compelled by his final sermon, raving that "never had a man spoken in so wise, so high, and so holy a spirit, as he that spake this day†(243).  Proving that he was a very loved and influential man in the small town.               In further developing Dimmesdale's character, Hawthorne portrays him as a hypocrite. His outward demeanor deceives the villagers, appearing as a completely holy man. However, before the action of the novel begins, he stumbles into sin, by committing adultery with Hester Pryn... ...and a character other than Dimmesdale could not have painted such a vivid, and memorable picture in one's mind.  1.                        Great thesis statement !!! 2.                        Your conclusion paragraph should be more detailed. Restate in just a few sentences the points that you made in your paper and what conclusions you have drawn from those points. 3.                        When quoting, the parentheses, which hold the page number, should come after the quotation marks and the punctuation should come after the parentheses. An example of a correctly cited quote would be â€Å"A spell was broken†(251). Instead of â€Å"a spell was broken (251)†. 4.                        Also be careful of run-on sentences. Let your sentences contain only one or two ideas, not three or four. Do not over-use semicolons or colons, use a period instead.
Friday, January 17, 2020
A Woman Without Paint Is Like Food Without Salt
People may be surprised to know that makeup has its own past. In fact there is a long history of makeup that has led it to the point where it is today. Pharaohs and great queens of Egypt wore, makeup thousands of years ago and while it wasn't composed of the same materials, they still used it in similar ways as people do today. Women and men have been wearing cosmetics for over centuries and still are now in days. The styles have certainly undergone some dramatic changes over time but makeup is still being used the same way. Everyone wore makeup Nutt Amy from the website History of Make Up discovered that the ancient Egyptians took a lot of pride in their appearance. Everyone, of all ages or gender wore make up. Men, women and children of all ages and classes wore makeup for important ceremonies like marriage, rebirth after death, temple festivals and religious ceremonies, and it was also used in the daily basis. Women wore it to attacked man, and men wore it to let the women know that they were clean men and liked to be attractive, most of the children wore it to be creative and fun. All women and men wore this makeup for medical reason to protect themselves from the sunlight and other infections that were in Egypt. Now a day’s makeup is not worn to cure diseases or protect your self from sunlight but it is used to look more attractive. How it was made According to Mega Partin from the website Egypt Makeup. com Udju was made from green malachite (green ore of copper) from Sinai. Sinai and its mines were considered under the spiritual dominion of Hathor, ancient goddess of beauty, joy, love and women. Lady of Malachite. †Mesdemet, a dark gray ore of lead, was derived from either stibnite (antimony sulphide) or, galena (lead sulphide. ) Galena was found around Aswan and on the Red Sea Coast. The powders in ancient Egypt, preparations were a little more different then ours. The cosmetic material had to be powdered on a palette and then this powder mixed with a substance, (analysis indicates that these were usually ointments derived from animal fat) to make the powder adhere to the eye. Eyes liner was usually a powder substance it was made out of kohl made of crushed antimony, burnt almonds, lead, oxidized copper, ochre, ash malachite, chrysocolla (a blue-green copper ore). Mascara was made out of blended kohl with crocodile dung, water and honey blended together. These were they materials that Egyptian men slaves used to create makeup. Although we don’t make makeup with the same material it is still used in the same way as in Ancient Egypt, Eye Liner in Egypt According to Tiller Christy, eye liner was applied with a small stick. The upper and lower eyelids were painted in a line that extended to the sides of the face for an almond effect. Dark thickly lined eyes were the fashion; eyeliner could restore poor eyesight and reduce eye. It was even thought. Eyeliner can be found in liquid, powder, wax, kohl, and even gel varieties. This was used in different ways by both men and women. It was worn in different styles women wore it in an almond shape because the eyebrows of the women were much more even. The men wore it under their eyes but a little bit darker. Women now a day wear the eye liner like they used it in Egypt witch is called the â€Å"cat eye†. Mascara in Egypt Ancient Egyptians play a large part of the rich history of mascara. As far as 3400-30 B. B. Mega Partain from Egypt. com found in the sands of Egypt used bones and ivory as mascara applicators, water and honey to create the first mascara. Egyptians used mascara to deepen their lashes. Because eyes were believed to be the windows of the soul, they said that the makeup was used to ward of evil sprits and bad energy. Egyptian men wore mascara, as did Egyptian women. Ancient drawings of Cleopatra suggest that mascara was widely using for protection, celebration and war and death practices. Although the Egyptians were the first know era that used mascara. The history of mascara began with cake mascara reformulated, and is still found today. Cleopatra’s beauty is a result of some excellent makeup, for their eyes. By the 1sy Dynasty of Egypt decided that decorating persons eyes, heeks and lips was consider a statement of royalty. We don’t use it the same and don’t look at it the same because back then they were queens and kings and today we don’t have any queens and kings to show royalty to because of their beauty. Lipstick in Egypt Lipstick was also applied with a small stick just like the eyeliner. The ancient Egyptian women squeezed out purple red color from iodine and bromine, leading to serious diseases. With time, it came to be known as â€Å"the kiss of death†. Most of the women and also men died because of this lipstick the women died because they were wearing it and it went through their skin, the men died from it because they got kissed by the ladies who had it. It is said that Cleopatra’s lipstick were made from carmine beetles, which gave a strong red color pigment. This was mixed with and eggs, which provided the base. This lipstick is still used like it was used in Ancient Egypt it has the same base and shine to it. Eye Shadow in Egypt The Egyptians used eye shadow in their burials and back in 10,000 BC. Tillery Christy French from the website the History of Makeup. om says Eye shadow has been used in different parts of the world. However, the common fact in this culture is that eye shadow is generally used on females and very rarely on males. The western worlds consider eye shadows as a female makeup. This is because the average distance between eyebrows and eye lashes is more in women than in men. For the fact that its more girly then manly and men don’t believe in wearing makeup because it would make them feel feminine and in Egypt men like wearing makeup because it would make them look clean and attractive to women. Makeup has been with us for centuries and is and can be used in many different ways with men and women, men use it for movies or any other type of action, and women use it to beautify themselves and attract males with the beautiful colors. Lip liner, lipstick, eyeliner, eye shadow, and mascara create gorgeous designs on your face that’s what they are made for, to create a different person and to make you feel better about your self. It’s incredible what makeup can do, and how it was made before with animals, insects, and oil, the techniques that Egyptians used with the tools and the different Egyptian design they did on the lady’s face. I never imagined that makeup was used even before I was born. And now the different techniques that were used before are used now and are being passed on because of the queen Cleopatra. You will never see a woman walk out of their house with out being beautified, Cleopatra never walked out with out her makeup on why should you?
Wednesday, January 8, 2020
Alternative Dispute Resolution and Supremacy of the Act Free Essay Example, 3250 words
Unlike in the litigation process where parties involved may end up with bitterness against each other, the advantage with ADR is that the parties may offer apologies to their opponents once a decision has arrived. Mediators can expedite the wronged party to take part in establishing a new procedure to stop recurrence of incidents causing disputes. Therefore, the mediation process offers significant flexibility in settlement of the issues that can empower the parties to take part in making decisions that can prevent recurrence of disputes in the future (Loveland, 2012). ADR can result in a faster solution to disputes than going through the court system. Since there are many cases presented to the court every day and the judges are not adequate to handle all of them simultaneously then it becomes necessary to use ADR because the parties can decide on who should mediate the case and set convenient time and place for conducting mediation (Loveland, 2012). In fact, the accumulation of fi les in the court has been the main contributing factor to the establishment of ADR so that parties can reduce the amount of time they could otherwise spend if they decided to settle issues through the court (Thompson Gordon, 2014, 167). We will write a custom essay sample on Alternative Dispute Resolution and Supremacy of the Act or any topic specifically for you Only $17.96 $11.86/page Therefore, it is essential for the parties involved to make a proper assessment of the issues to be addressed by the mediators.
Tuesday, December 31, 2019
Oligopolistic Companies and How They Compete - 1234 Words
Oligopolistic is a market structure which under the imperfect competition. According to Sloman Garratt, oligopoly is only few large firms share a large portion of industry and control the market. When we hear that a term about â€Å"Big three†, â€Å"Big four†or â€Å"Big five†it can be set down as oligopolistic industry. In the oligopoly market competition, depends on the firms produce homogeneous or differentiated products and it will be categorize as homogeneous oligopoly or differentiated oligopoly. As Mcconell Brue, 2008 stated because of the small number of firms, oligopolistic have worthy of consideration command over the prices and they have to think about their competitors conceivable reaction to their product`s price, product`s quality, advertising outlays and so on. The few large firms are interdependent but they have to always be awake of competitor`s action to maintain their firm can stand strong in the industries. Oligopolistic have a strong bar riers of entry for the new competitors, which alike and dedicative by the pure monopoly. According to Jackson, Mclver Wilson stated oligopolistic industries have a large economies of scale have to be consider for the new competitors because they must have a large amount of capital to invest heavy on the technology in the beginning, and this is the prevention of new competitors can easily enter to the industry. Furthermore, there are many industries are counted as oligopolistic for instance mining, steel, soft drinks, airlines,Show MoreRelatedThe Merger Of U.s. Airways And American Airlines1170 Words  | 5 PagesAirlines, most people would now agree we are living in the age of airline oligopoly. Oligopolies form when there’s a state of restricted competition, and new companies cannot break into the industry for reasons like high-entry costs or government restrictions. This is the condition of the airline industry, today. In order to breach the oligopolistic nature of the airline industry, airlines must be able to break through high barriers to entry such as: retaining substantial capital requirements, havingRead MoreCereal: the Manufacturing Industry1164 Words  | 5 Pagesvast industry stems from the late 1800s when John Harvey Kellogg and C. W. Post began cereal production in Battle Creek, Michigan (Topher). Today, numerous types and varieties of cereal line the grocery store shelves. However, only a few select companies make every one of those different kinds of cereal. There are four different categories into which economists classify industries. These categories are perfect competition, monopolistic competition, oligopoly, and monopoly. Each of these fourRead MoreOligoplistic Markets in Terms of Structure and Market Conduct808 Words  | 4 PagesOligopolistic markets, such as supermarkets or car manufacturing, can be defined in terms of market structure or in terms of market conduct. An oligopolistic market is one that has several dominant firms with the power to influence the market they are in; an example of this could be the supermarket industry which is dominated by several firms such as Tesco, Sainsbury’s, and Waitrose etc... Furthermore an oligopolistic market can be defined in terms of its structure and its conduct, which involveRead MoreMarket Structure Of The Uk Supermarket Sector1600 Words  | 7 Pages1.0 INTRODUCTION: Second part of this report will evaluate arguments and present conclusions about the UK supermarket sector being described as oligopolistic and how oligopolistic markets often suffer from collusion. This report will present findings if UK supermarket sector is oligopolistic or otherwise. 2.0 FINDINGS: 3.0 Market structures: Market structures are classified with regards to the competition – either their presence or absence. There are different types of market structures: perfectRead MoreForms of Industrial Organziation1432 Words  | 6 Pagesrespects: the number of firms in the industry, whether those firms produce a standardized product or try to differentiate their products from those of other firms, and how easy or how difficult it is for firms to enter the industry (McConnell Brue, 2004). This paper further defines each market structure and provides an example of a company representing each market structure. Monopoly A monopoly exists when a specific individual or an enterprise has sufficient control over a particularRead MoreCoca Cola As A Multinational Beverage Company Essay1484 Words  | 6 PagesIntroduction The Coca-Cola Company is a multinational beverage company that deals with manufacturing, retailing, and marketing. In addition, Coca-Cola Company markets its products and distributes to various retailers all over the world. The company came into being about one hundred and thirty years ago (Eldred, 2008). The organization is best known for its lead item Coca-Cola, created in 1886 by drug specialist John Stith Pemberton in Columbus, Georgia. The Coca-Cola recipe and brand was purchasedRead MoreMarket Structure Of The Uk Supermarket Sector1527 Words  | 7 PagesINTRODUCTION: Second part of this report will evaluate arguments and present conclusions about the UK supermarket sector being described as oligopolistic and how oligopolistic markets often suffer from collusion. This report will present findings if UK supermarket sector is oligopolistic or otherwise. 2.0 FINDINGS: Market structures: Market structures are classified with regards to the competition – either their presence or absence. There are different types of market structures: perfect competitionRead MoreMarket Structure of Petrol Companies952 Words  | 4 PagesPetrol companies have the market structure of an oligopoly. An oligopoly is a market structure where there are a few dominant firms whose behavior is interdependent. There are a few dominant firms relative to market size, and they each command a large proportion of the market share, thus having strong monopoly power. Examples of petrol companies include Shell, Caltex and Exxon Mobil. Their demand curve is downward sloping, meaning that they are price setters. Petrol is a homogeneous product, henceRead More Laptops - Dell, Apple, HP Essay1639 Words  | 7 PagesLaptops - Dell, Apple, HP Supply is the amount of a product suppliers are willing to make and sell at a number of possible prices. The firm that I have chosen are a multinational company called ?Dell?. My firm that I have chosen to use produces many products such as; computers, handheld computers, laptops, printers, mouse and keyboards, flat monitor screens. It also sells computer accessories and separate repair parts like; hard-disks, DVD-RW drives. It sells products like CD-RW and DVD-RWRead MoreEssay about The Structure of Australia’s Banking Industry1252 Words  | 6 Pagesstructure, performance and conduct of banks are important as they ensure that they act competitively, however in Australia the market is dominated by four major banks threatening competition. The structure in the Australian banking industry is fairly oligopolistic, decreasing the amount of competition evident in the market. Performance of the dominating banks has shown an increase in the profitability and return of assets compared to international banks in a freer market. Through minimal competition, the
Monday, December 23, 2019
Study Guide/Outline Chapter 1 - 1435 Words
PART 1 PUTTING CORRECTIONS IN PERSPECTIVE Chapter 1 The History of Crime and Corrections CHAPTER OBJECTIVES After reading this chapter, students should be able to: 1. Define the term corrections, and know how correctional agencies fulfill their mission of protecting society. 2. Identify how corrections can impact the crime rate by understanding the concept of the correctional funnel. 3. Outline the growth of corrections over the past two decades, and describe why the scope of correctional budgets, staffing, and clients makes it important for students to study corrections. 4. Contrast the Classical School with the Positive School of Criminology. 5. Describe the role of William Penn and the Pennsylvania Quakers in†¦show more content†¦The Walnut Street Jailâ€â€A wing was set aside in 1790 for convicted offenders, with a regimen of hard work and doing penance for their offences; hence, the creation of the term â€Å"penitentiary.†16. The Pennsylvania System 3. The basis of these two prisons’ operation was the same as the Walnut Street Jail, to emphasize the opportu nity for prisoners to reform themselves through hard work while reflecting on their crimes. 4. Known as the â€Å"separate and silent†system 17. The Auburn System 5. An effort to improve on the problems that plagued the Pennsylvania System 6. Allowed prisoners to congregate during the day to work in factories to improve the production of goods which would be resold and cover some of the prison operational costs 8. Prisons Throughout the Last Two Centuries 18. Impact of Maconochie, Crofton, and the Irish Systems 19. The Reformatory Eraâ€â€1870-1910 20. The Industrial Prisonâ€â€1910-1935 21. The Period of Transitionâ€â€1935-1960 7. Ending the â€Å"hands-off doctrine†22. The Rehabilitative Eraâ€â€1960-1980 8. The medical model of corrections 9. Reintegration 10. Martinsons conclusion that â€Å"nothing works†23. Retributive Eraâ€â€1980s to current 9. The Sentencing Goals of Corrections 24. Punishment 11. Solem v. Helm (1983) and the test of proportionality 25. An Interview with the Toughest Sheriff inShow MoreRelatedStudy Guide1489 Words  | 6 PagesEN1320 Composition I SYLLABUS AND STUDY GUIDE TABLE OF CONTENTS SYLLABUS.......................................................................................................................................................................1 Course Summary........................................................................................................................................................2 Learning Materials and References ..............................................Read MoreTransportation Processes And Systems Theory1135 Words  | 5 PagesCargo Transportation GENERAL ISTRUCTIONS The method guide is constructed according to â€Å"Fundamentals of Transportation Processes and Systems Theory†course syllabus of the field of study 6.070101 â€Å"Transport Technologies†. The course syllabus of â€Å"Fundamentals of Transportation Processes and Systems Theory†course is intended for studying the fundamentals of transportation process and operations in cargo transportation. The main purpose of studying this course is comprehension of basic transportationRead MorePublic Speaking Midterm1449 Words  | 6 PagesPublic Speaking Midterm Study Guide This exam covers all material covered in readings and class lectures/activities. The chapters from the Lucas text covered on this exam are: 1, 2, 4, 6, 8, 9, 10, 12, 13, and 14. Remember items may be included on the exam even if they were not specifically identified on this study guide. The exam is worth 100 points and will consist of both multiple choice, true/false, and short answer questions. The aim is to test your comprehension of the material covered inRead MoreeCommerce Questions: Amazon1164 Words  | 5 PagesCASE STUDY 1 1. In 2004, Toys R Us sued Amazon.com for violating terms of the agreement between the companies; specifically, Toys R Us objected to Amazon.com’s permitting Amazon Marketplace retailers to sell toys (Note: when the lawsuit was filed, Amazon Marketplace was called â€Å"zShops†). Amazon.com responded by filing a countersuit. After more than two years of litigation, a New Jersey Superior Court judge ruled that the agreement had been violated by both parties. The judge ordered thatRead More How to Prepare for a Test Essay644 Words  | 3 Pagesemphasized more than the textbook. Second, rehearse the study guide or do the practice questions in that particular course. A study guide is usually a separate booklet that accompanies the textbook and contains practice questions and answers. While you are reading, mark important ideas and sections of that chapter by using a highlighter or a colored pen. For example, highlight the topic sentences or headlines of the different sections in the chapter and divide them into the subsections; this will makeRead MoreInside Sport Pschology830 Words  | 3 PagesBecause athletes recognise the effect of psychology, many feel as if they have no or little control over their mind as a performance factor. Aims of Inside Sport Psychology The authors aimed to provide readers with a structured as well as easy-to-use guide to help coaches and athletes complement existing skills and aptitudes in addition to developing psychological aspects of performance. One of the primary aims of Inside Sport Psychology is to present theories to develop the psychological aspects ofRead MoreCourse schedule IST7100 1 1 1589 Words  | 7 Pagesï » ¿WILMINGTON UNIVERSITY COLLEGE OF TECHNOLOGY SYLLABUS FACULTY MEMBER: Karen Watson TERM: Summer Block 1 COURSE TITLE: IT Policy Strategy COURSE NUMBER: IST.7100 TEXTBOOK: TITLE: IT Policy and Strategy AUTHOR: Pearson Custom Library ISBN: 978-1-269-12350-1 If you would like more precise information regarding the textbook(s) for this class, please visit the bookstore website at http://www.wilmcoll.edu/bookstore METHOD OF CONTACT:Read MoreStructural Components Of Structural Bolts1701 Words  | 7 Pages1. Introduction One of the primary mechanical fasteners that are currently used to connect structural steel members and to transfer loads between the components are structural bolts (Phares et al 2016). Now a days, various types of structural bolts are used in construction activities. But, the ASTM A307, ASTM A325, and ASTM A490 bolts the most common three types of structural bolts. Among the most common three types of structural bolts, ASTM A307 bolts are considered low-strength bolts, while ASTMRead MoreThe Grizzly Bear Lodge4225 Words  | 17 PagesCourse Hero has millions of student submitted documents similar to the one below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support. Grizzly the Bear Lodge Case Study Discuss how Rudy and Diane can use feed forward, concurrent, and feedback controls both nowandinthefutureattheGrizzlyBearLodgetoensuretheirguestssat isfaction. Feed Forward: Feed forward is really like preventative control. Rudy and Diane should implement plans forRead MoreEssay On New Member Experience1421 Words  | 6 PagesFor more information about the New Member Experience, please refer back to section C. Beyond the New Member Experience, all of our members benefit from Every Member Education. The chart to the right outlines the structure for education that falls under each pillar. The courses are meant to cover a variety of topics beyond the Kappa experience, including personal, professional and intellectual development. Below are some examples from our EME Learning Portal. Every Member Education is designed to
Sunday, December 15, 2019
Pepsi vs. Coca Cola Free Essays
As a result, the company has no difficulty in borrowing money since creditors prefer lending money to liquid firms. Long Term Solvency * The total debt ratio has decreased by 12. 863% because total assets have increased more than total debt. We will write a custom essay sample on Pepsi vs. Coca Cola or any similar topic only for you Order Now * The debt-equity ratio has decreased by 31. 25% since the company’s total equity has increased. * The Equity Multiplier has decreased by 20. 202% as a result of the increase in total assets. * Overall, the company has become less solvent, and its leverage has decreased as a result of the increase in total assets and equity.In this regard, the company is in a good position and can pay off its long-term debt as it becomes due. Asset Management * The inventory turnover has decreased by 4. 839% because the inventory increased and the cost of goods sold decreased. * The day’s sales in inventory have increased by 5. 080 % since the inventory turnover rate has decreased. This is an indicator that extra inventory is lying around and that more unnecessary expenses may occur. * The receivable turnover ratio has increased by 1. 192% because of the decrease in sales and the decrease in account receivable.The company collected more sales in 2009 than in the previous year. * Therefore, in order to further improve Pepsi’s management of assets, the company can increase its sales, thereby increasing its receivables turnover, as well as minimize the cost of goods sold. Profitability * The company’s profit margin has increased by 18. 182% due to the increase in net income and the decrease in sales. * Return on assets has also increased by 7. 143% due to the increase in total assets being larger than the increase in net income. * The 16. 67% decrease in the company’s return on equity was caused by the rise of total equity which was larger than the increase in net income. * Overall, the company has increasing in profitability due to increased sales and thus higher revenue. However, equity increased more than net income, resulting in a negative ROE between 2008 and 2009 Valuation * The earnings per share have increased by 17. 445%, meaning that the market value of the stock has increased between 2008 and 2009. * The price earnings ratio has dropped by 5. 510%, meaning that investors in 2009 were willing to pay slightly less per dollar of earnings than in 2008. The price sales ratio has increased slightly by 0. 8% between 2008 and 2009, meaning that the Pepsi’s stock has improved slightly based on its own past performance. * Overall, despite the drop in price earnings ratio, Pepsi has increased the value of its stock. By increasing investor incentives and demand, Pepsi can also regain positive numbers in its future price earnings ratios Part Two: Coca Cola Coca Cola was chosen as the benchmark company because not only is it categorized within the same food and beverage industry segment as Pepsi, it is also a leading company in this industry. Ratio Analysis: Coca Cola COCA COLA RATIOS:| | 2009| 2008| Percent Change (%)| Liquidity| Current Ratio| 1. 27| 0. 93| 36. 559| | Cash Ratio| 0. 67| 0. 38| 76. 316| | NWC to Total Assets| 0. 078| -0. 02| -490. 000| | | | | | Solvency| Total Debt Ratio | 0. 490477| 0. 494756| -0. 865| | Debt Equity Ratio| 0. 092| 0. 135| -31. 852| | Equity Multiplier| 1. 96| 1. 97| -0. 508| | | | | | Asset Management| Inventory turnover| 4. 71| 5. 2| -9. 423| | Days’ Sales in Inventory| 77. 49| 70. 19| 10. 400| | Receivables Turnover| 8. 24| 10. 33| -20. 232| | | | | |Profitability| Profit Margin (PM)| 0. 22| 0. 18| 22. 222| | Return on Assets (ROA)| 0. 14| 0. 143| -2. 098| | Return on Equity (ROE)| 0. 27| 0. 28| -3. 571| | | | | | Valuation| Earnings Per Share (EPS)| 2. 95| 2. 51| 17. 530| | Price-Earnings (PE) Ratio| 19. 32| 24. 30| -20. 494| | Price-Sales Ratio| 4. 85725| 4. 729334| 2. 705| Short Term Liquidity * The current ratio increased by about 36. 5% because the increase in current assets is significantly larger than the increase in current liabilities. * The NWC to total assets has increased as a result of the increase in total assets. The cash ratio has increased in 2009 by 76. 316% since the increase in cash was larger than the increase in current liabilities. * The increase in cash and current assets has rendered the company more liquid. Similar to Pepsi, Coca- Cola won’t face difficulties in borrowing money as high liquidity is an attribute creditors analyze when lending to firms. Long Term Solvency * The total debt ratio decreased by 0. 865% because of an increase in total assets. * The debt-equity ratio has declined by 31. 852% as a result of the increase in total equity and the increase in total debt. The company’s equity multiplier has decreased by 0. 508% due to the increase in total assets accompanied with a smaller increase in total equity. * Overall, the company has become less solvent because its total equity and total assets have increased. * Improving the solvency of the company would involve increasing its debt by taking out more loans and increasing the company’s assets through the purchase of capital or an increase in sales. Asset Management * The company’s inventory turnover rate decreased by 9. 423% since the cost of goods sold has decreased and the inventory increased.Inventory was transferred into sales less rapidly in 2009 than in the previous year. * Days’ sales in inventory for the firm increased by 10. 4% because inventory turnover rate has increased. Although there was a rise in the days’ sales in inventory, the increase is smaller than that of Pepsi. Therefore Pepsi was selling more inventory than Coca Cola. * The receivables turnover rate has decreased by 20. 232% because of the increase in accounts receivable and the decrease in sales. Therefore, with a lower receivables turnover, the company is not operating as effectively as the previous year. The ratios show that the company did not improve its asset management; thus, Coca Cola could further enhance its asset management by increasing sales. Profitability * Coca Cola’s profit margin increased by about 22. 2% because of the decline in sales and the increase in net income. * The company’s return on assets (ROA) fell by 2. 098% since the increase in total assets was greater than the increase in net income. * The return on equity (ROE) of the firm has declined by 3. 571% due to the increase in total equity which was greater than the increase in net income. * The company, therefore, has shown an increase in profitability.This was caused primarily by the rise in net income. By increasing sales, the company can increase its revenues and, accordingly, raise its net income. Valuation * Earnings per share increased by 17. 53% meaning that Coca Cola was selling shares for 0. 44$ more in 2009 than in 2008. Thus, Coca Cola has increased the value of its shares. * The Price Earnings Ratio has decreased by about 20. 5% since the market value has dropped somewhat between 2008 and 2009. * The price sales ratio has increased by about 2. 7%, this means that investors are expecting relatively higher growth from Coca Cola in the future because the 2. % increase indicates that Coca Cola is doing relatively better compared to its past performance. * Coca Cola has shown an increase in earnings per share and price sales ratio, despite a drop in the price earnings ratio, by increasing sales and stimulating consumer and investor demand, Coca Cola can continue to increase all three. Part Three: Recommendations and Comparison between Pepsi and Coca Cola Since 2008, both Pepsi and Coca Cola have increased their overall liquidity; neither firm will face any significant issues if they should need to borrow in the future, as liquidity is a major factor considered by lenders. Both Coca Cola and Pepsi have become less solvent; this was due to the increase in total assets and equity, without a similar increase in liabilities. This decrease in solvency is on the one hand a benefit, as it means the companies are both able to pay off debts as they come due, however, low solvency can also be an issue as it indicates low financial leverage. A way to mitigate this problem would be for both firms to acquire more debt, thereby increasing liabilities and thus increasing solvency. In terms of asset management, Pepsi did slightly better than Coca Cola between 2008 and 2009.While Coca Cola was unable to increase sales relative to its increasing accounts receivables, Pepsi, on the other hand, was still able to keep its receivables turnover slightly increasing between 2008 and 2009. Both Pepsi and Coca Cola saw profitability increase between 2008 and 2009, however, return on equity for both companies decreased during the year because equity increased and a disproportiona te rate compared to net income. To remedy this, both companies could be less apt to increase equity at such a high rate compared to net income. In terms of market value, both Pepsi and Coca Cola had overall increases in their share value. However, both companies endured decreases in their price earnings ratio (Coca Cola almost five times less than that of Pepsi), meaning that investors, between 2008 and 2009 were willing to invest less per share in both companies. Overall, between 2008 and 2009, despite enduring similar trends, Pepsi fared slightly better in terms of asset management, profitability and market value in comparison to Coca Cola’s performance References: Google Finance Investopedia. com Moneycentral. msn. com How to cite Pepsi vs. Coca Cola, Papers
Saturday, December 7, 2019
Human Resource Training for Real Home Electronics Company Limited
Question: Discuss about the Human Resource Training for Real Home Electronics Company Limited. Answer: Project definition and scope The project report is based on Real home of Electronics Company limited, one of the largest electronics supplying company in the world based in the United States which carried out a general training of its employees to increase on their techniques and skills. The company has a team of employees who supply and distribute the company products to the respective clients/ products both online and physically stores (Rosacker and Rosacker 2010, p.590). By organizing this training, the company was able to improve on the skills of its employees to meet the professionalism in relation to their respective department or field of operation. The training also helped in developing mentoring the interpersonal skills to meet the demands of many clients who need to access the company services from its offices (Davis and Venkatesh 2004, p.40). Project life cycle For the project to be completed, it passed through the following process; The project manager and the project team first defined the project scope, described the schedule and analyzed the costs that were likely to be incurred before the project execution began. The project plan was developed by describing different phases which the project underwent and identifying the beginning and ending date of each phase. After the completion of the phases, all the exercises done during the project were analyzed and the general meeting was held for the closure of the project (Nolan and McFarlan 2005, p.96). Unique feature of IT management The project managed well its information technology and the following were the features of the management of the IT. Software management; in the project, the intangible component were managed in the human resource training project by following the complete procedures of development from requirement gathering to maintenance according to the methodology that were chosen. Hardware installation; this was done by choosing hardware configuration that were compatible to the applications that were to be installed in accordance to the user demands. Network upgrading; this was done by improving on the network performance during the project development. Cloud computing; in IT management, this was essential to let the team use files and applications over the internet. Scope management During the implementation of the project, the scope was defined, documented and approved by the appropriate personnel who were responsible, that is the project manager and the project team members. It was protected from unauthorized changes which would be edited, approved and validated by the project stakeholders with different intentions. There was a lay down of the work that was to be done to ensure the deliverance of the service in the project and the scope statement was broken into smaller and more manageable components (Chen and Popovich 2003, p.680) Time management The project manager and team members clearly drew a schedule of how the time would be managed during the execution of the project and identified how different activities were to be executed in a specific duration indicating the start and end date. Below is the time management schedule for Real home of Electronic limited during the execution of the human resource training project which took over 60 days; ACTIVITY DURATION START AND END DATE Publication of the project proposal to all the companys employees 2 days 1/5/2017-2/5/2017 Selecting the project management team and presenting the team to the human resource office of the company 13 days 3/5/2017-16/5/2017 Designing the project scope by the project manager and the team 3 days 17/5/2017-19/5/2017 Defining the aims and the objectives of carrying out the project by the project management team 2 days 20/5/2017- 22/5/2017 Announcing of the Beginning of the training 1 day 30th May 2017 Implementation of the project 30 days 31/6/2017-29/6/2017 Project closure 2 days 29/6/2017- 30/6/2017 Cost management The project management team kept track of the cost that were likely to be incurred during the project execution as it was a basic key for the project success. They determined the efficiency and value enhancement and therefore the project team acknowledged the activities that were due to take place and estimated the resources that were needed to complete these activities with the aim of fulfilling the project desirable goals and objectives. In this, the team made use of the work breakdown structure (WBS) in a critical analysis and evaluated the costs that were likely to come up during the project execution as follows; Activity to take place estimated cost Organizing different meetings to select the project team-------------------------------------- 3,000$ Purchasing equipment for training such as computers, Installing software------------------------------------------------------------------------------ 20,000$ Hiring experts and consultants---------------------------------------------------------------- 40,000$ Other costs during the Training--------------------------------------------------------------- 10,000$ Total 73,000$ Quality management Quality was managed by setting the standards, goals, and expectations of the outcome of the project and the project team followed the quality management process, that is to say, quality planning, quality assurance review and quality control where, likely expected risks were handled by monitoring, forecasting and overseeing all the tasks and activities that would take place in the project management plan. For the purpose of quality management, the project team broke down tasks into smaller units which were easily managed (Melville et al 2004, p.300). Human resource management During the project, the human resource was managed by assigning each stakeholder different roles and activities as follows; The board of directors were responsible to make decisions for the running of the project. The project executive director was responsible for passing the decision made by board of directors. The project sponsor was responsible for providing the funds used in implementing the project. The managers for example functional managers were responsible to head the project execution. Communication management During the development of the project, Communication was managed by planning, monitoring, controlling and revising all communication channels within the project by realizing the importance of effective communication for the stakeholders and the need of exchanging information with them and providing an efficient two way communication in the project. The manager was responsible for limiting communication to a certain extent (Carvalho et al. 2003, p.260). Risk management Being a large scope project, it was likely to face some risks such as inadequate funds to hire experts to do the training of the employees, purchasing equipment and scholastic materials among others. The project management handled these risks by identifying, recognizing and describing these risks, after identification, the risks were analyzed to know how they can affect the project, they were then evaluated and tested and finally the team monitored and reviewed the risks and proposed a solution to reduce their effects on the project (Tohidi 2011). Procurement management The project team managed procurement by purchasing the equipment from outside suppliers and receipts for those requirements were processed, approved and reviewed. For this purpose, procurement were conducted, controlled and closed (Kerzner 2013). This was done by collecting seller response and approving contracts, monitoring contracts and completing the project procurement. Project failure and success Like any other project, this human resource training project registered some failures and success as it is discussed below Successes Project sponsors; there was acquisition of sponsors who invested in the project and reduced on the costs required to complete the work. The executive director of the company was able to approve the proposal of hiring the experts/ consultants to undertake training of the human resource given the fact that there was need to improve on the quality of services offered to the customers (Burke 2013). Realistic project schedule; the project team made a schedule of time, budget of resources which enabled the completion in an appropriate time. Expert project manager. It is typically true that the success of any project depends on the ability of the project manager to effectively coordinate the execution of different project activities. It can therefore be registered as an achievement as there is guarantee of the project success (Schwalbe 2015). Failures; Wrong team organization, the project got some failures due to the poor selection of the project management team for example managers who have got inadequate experience in project management, however this was reduced by drawing a team organizational chart and removing some of the wrong person involved in the work Poor motivation; the selection of poor motivated team limited the success of the project and this was reduced by the provision of attitude and motivation towards the work to be done. Wrong methodology; the project success was also limited by wrong method used in implementing the project which made the team to call up other project teams in different companies to always choose a suitable methodology. Environmental aspects; the environment sometimes limited the training such as the winter which likely made some of the project objectives unreachable (Robbins et al. 2008) Conclusion After the above assessment, there was an analysis of every activity that took place in the project and the manager drew a report for the whole work done and called a general meeting of the board of directors and the project team for closing the project work. References Burke, R., 2013. Project management: planning and control techniques.New Jersey, USA. Carvalho, M.M., Laurindo, F.J. and Pessa, M.S.P., 2003. Information Technology Project management to achieve efficiency in Brazilian Companies.Managing Globally with Information Technology, Hershey, pp.260-271. Chen, I.J. and Popovich, K., 2003. Understanding customer relationship management (CRM) People, process and technology.Business process management journal,9(5), pp.672-688. Davis, F.D. and Venkatesh, V., 2004. Toward preprototype user acceptance testing of new information systems: implications for software project management.IEEE Transactions on Engineering management,51(1), pp.31-46. Kerzner, H., 2013.Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Melville, N., Kraemer, K. and Gurbaxani, V., 2004. Information technology and organizational performance: An integrative model of IT business value.MIS quarterly,28(2), pp.283-322. Nolan, R. and McFarlan, F.W., 2005. Information technology and the board of directors.Harvard business review,83(10), p.96. Robbins, S.P., DeCenzo, D.A. and Coulter, M.K., 2008.Fundamentals of management: Essential concepts and applications. Upper Saddle River, NJ: Pearson Prentice Hall. Rosacker, K.M. and Rosacker, R.E., 2010. Information technology project management within public sector organizations.Journal of Enterprise Information Management,23(5), pp.587-594. Schwalbe, K., 2015.Information technology project management. Cengage Learning. Tohidi, H., 2011. Human Resources Management main role in Information Technology project management.Procedia Computer Science,3, pp.925-929. Tohidi, H., 2011. Review the benefits of using value engineering in information technology project management.Procedia Computer Science,3, pp.917-924.
Subscribe to:
Posts (Atom)