Thursday, August 27, 2020

Denver International Airport Project Management

Question: Examine about the Denver International Airport Project Management. Answer: Presentation: The examination incorporates the portrayal of the undertaking which is the development of universal air terminal in the Denver. In spite of the fact that there as of now exists an air terminal in Denver in light of the fact that the current conditions the city right now needs another or altered air terminal to satisfy the requirements. A venture can be alluded to a period limited and impermanent undertaking with pre-decided extension and objectives. A venture can be attempted by anybody, from little private corporate to the large government division or even by a nation. Treatment of tasks needs a tremendous amount of abilities procedures and apparatuses (Alnasseri, Osborne and Steel 2013). The correct utilization of these things for making the venture achievement is called venture the executives. In this investigation various parts of undertaking the executives will be analyzed as far as building Denver International Airport. The most crowded region and capital of Colorado, province of U.S., is known as Denver. The area of the city is east of the Front Range of the Rocky Mountains, Western edge of the High Plains in the valley of the South Platte River (Flydenver.com, 2016). The Denver International Airport or DIA will be an open air terminal which will be under the responsibility for and County of Denver Department of Aviation. Undertaking Concept and Strategy: Explanations for Construction of Airport in Denver: The accompanying portrayals bolster the need of new air terminal in Denver. Anticipated climb in rush hour gridlock: As report made by the Denvers Regional Council of Government, Denvers Stapleton Airport was not equipped for dealing with the traffic that is required to show up constantly of 2000. The air terminal can be made to hold up under the traffic up to 2005 however not more than that. There were two decisions in the hand of the administration of Denver, for example, building new air terminal or adjusting it (Ashford, Coutu and Beasley 2013). The Denver's Regional Council of Government was in immense weight of being so distant from the significant urban areas, 500 miles. The city required an air terminal severely that can deal with all the traffic adequately and productively so Denver doesn't the free significant business. The air terminal positioned fifth in the rundown of the busiest air terminal in the nation with thirty million travelers. It was determined that constantly 2000 the air terminal would hand sixty-6,000,000 travelers. Causing delay: The deferral brought about by the Denver Stapleton Airport hurt all the air terminals. Moreover with that, this postpones makes loss of one hundred million dollars the aircraft associations (Zografos, Madas and Salouras 2013). The postponements are brought about by fundamentally terrible climate and in result retraction of flights, rerouting, additional time pay to staffs and numerous different issues happen. The poor state of the air terminal: Because of the presence of poor administrations and state of the air terminal, it was on the rundown of top ten most exceedingly terrible air traffic bottlenecks in U.S. The low mists were a colossal issue for the planes as it can defer up to thirty to an hour. Stapleton air terminal comprises of two runways, north, and south (Ashford, Coutu and Beasley 2013). The runways are equal and near one another. In terrible climate conditions, the air terminal specialists need to utilize those two runways as one. Task Scope: The extent of the task was as following. Having a landing strip setup which will be superior to the Stapleton. The runway will be able to do better security and three planes to land simultaneously (Khadilkar and Balakrishnan 2013). The effectiveness of the tasks in the territorial space can be improved. Limiting the traveler strolling separation however much as could reasonably be expected (Ashford, Coutu and Beasley 2013). Thus, an increasingly adequate terminal design will be actualized. Increasingly proficient worldwide offices will be remembered for the air terminal. Killing the dangers that the venture is ceaselessly confronting. Undertaking characterize and arranging: Hazard Management: The hazard evaluation has been led based on following four stages. Hazard Identification: The hazard in the tasks can be separated into three measurements, for example, cost, HR, and climate. The expense of the task is consistently expanding that is hampering the assessed financial plan of the venture over and over. An inappropriate cost estimation is one of the most extreme hazard that is identified with the venture (Baxter, Wild and Sabatini 2014). Anyway the terminal territory and the principal runway was finished with 5,000,000 dollars and right around 2,000,000 dollars under spending plan, the all out expense of the task was more than what was assessed. The evaluated cost for the venture was 1.2 billion, and it became five billion December 1994 (Wilke, Majumdar and Ochieng 2014). Another hazard in the undertaking is HR. Denver got influenced by the financial downturn more than any of the urban areas in the country. Enlisting the best possible and qualified work was an immense issue that the HR division was confronting. Before the finish of 1992 in excess of 6,000 specialists were required to do the task. Then again, there were just 500 specialists were in the group (Khadilkar and Balakrishnan 2016). Last yet not the least, the effect of terrible climate has an immense part in the hazard appraisal. It is the most serious hazard that the group is confronting. Hazard evaluation: Hazard reaction: as far as hazard that are related with cost or financing, this hazard can be given as there is no an ideal opportunity to develop a group that will investigate and give the answer for the hazard. Be that as it may, restorative measures can be taken to decrease the effect of the hazard through dissecting every part of the assignments that are to be attempted (Alnasseri, Osborne and Steel 2013). In the wake of recognizing the hazard that is related with HR, it must be comprehended by the association that the hazard can be impacted at any rate as it is a universal issue and need to pass on the hazard. Regarding awful climate hazards, the group will invest all the amounts of energy and assets while the climate is acceptable with the goal that the effect of terrible climate can be abstained from (Spring, Selviaridis and Zografos 2016). Hazard checking: The hazard can be observed through appropriate detailing. The lower level representatives will give the report on their work progress to the more significant position authority. Controlling Changes in the Project: For controlling the task director will be answerable for keeping up all the data about the adjustment in a report, either paper or electronic. At that point the changelog will be refreshed. The need of progress demand must be surveyed (Simaiakis et al. 2014). The progressions will be completed based on similar standards. Through the correct social occasion of data with respect to the effects of the progressions the choice on tolerating or dismissing change will be finished. Explanations for Accepting Change Request as a Part of the Plan: The prime explanation is that the change is an essential piece of the ventures. The change can bring either progress of the air terminal development extend or can hamper it (Khadilkar and Balakrishnan 2016). Anticipating all the progressions that can be looked during the task causes the director to comprehend what ought to be fused in the venture from the earliest starting point and so forth. Change of Scope in DIA Project: The extent of the DIA venture has been changed for multiple times during its lifetime. The extent of the undertakings has been changed, and it caused the postponement in the venture conveyance. The impacts of the difference in scope have been an awful effect on the task from all the angles. It influenced for the most part in the cost that was distributed for the task from the outset (Alnasseri, Osborne and Steel 2013). The store was raised from 1.2 billion to 5 billion. The impact of the extension change on the undertaking does exclude just terrible results. The nature of a definitive undertaking result has been improved enormously. Venture Structure: Figure 1: Project Organization Structure of DIA (Source: Created by Author) Figure 1: Work Breakdown Structure of DIA Project (Source: Created by Author) Correspondence and Stakeholder Management: Setback in Project Communication: The main correspondence accident happened because of an inappropriate estimation of the venture. The city board and chairman were worried about the way that the venture didn't communicate that it worth two billion dollars (Khadilkar and Balakrishnan 2014). Thus, the specialists framed a blue-strip commission for looking at the issue behind the climb in the expense. The climb in cost which was forty 8,000,000 dollars happened because of the new structure of the rooftops. This cost estimation was done through the monetary assessment of the terminal (Baxter, Wild and Sabatini 2014). It additionally pushed the undertaking toward more postponement. As a result of that proficiency of the undertaking supervisory crew was addressed. The PMT additionally fizzled. Another enormous incident in correspondence occurred because of inappropriate distinguishing proof and evaluation of degree. The extent of the task changed constantly, and it influenced both the expense and time of the venture. Blunder in Communication Impact Wrong estimation of cost Influenced the task group and undertaking improvement Recognizable proof of Scope Expanded time and cost Explanation for Opposing the Expansion of the Front Range Airport: As a result of the claim by United Airlines and ecological gatherings, the development of center in the Front Range Airport couldn't be given (Simaiakis and Balakrishnan 2015). The expectation of UPS behind structure a center point at the Front Range Airport was that on the off chance that the Front Range Airport became load just office, at that point UPS would get the upside of focusing just on the Denver air terminal for the runway get to (Bennell, Mesgarpour and Potts 2013). In spite of the fact that the Front Range and Denver air terminal are in a similar control design, the exertion of the UPS could be diminished to the base level. As there was an opportunity of losing business, UPS didn't plan to build up a regi

Saturday, August 22, 2020

GDP Is Not Enough Research Paper Example | Topics and Well Written Essays - 2000 words

Gross domestic product Is Not Enough - Research Paper Example This paper gives a commented on reference index to the subject GDP isn't sufficient (Adam, 2009). Total national output (GDP) alludes to the net estimation of all last creation of products and ventures in a nation. Gross domestic product is frequently estimated and determined in three different ways: first, is summarizing of the considerable number of earnings and benefits got from merchandise and ventures delivered in a nation; second is summarizing of all uses brought about in the creation of merchandise and enterprises for example including of cash earned from sends out and deducting all that is utilized on importation; in conclusion is summarizing all the worth included by capital and work in circumstances where data sources are secured from different makers and changed over into yield. GPD accounts just for the stream experienced in an economy along these lines barring stocks, riches and capital speculation as this do no record for direct budgetary exchanges, where change of cas h happens (Buxton, 2002). GDP essentially figures the monetary exercises with nation’s fringes while Gross National Product (GNP) is worried about the gross pay of the residents in that nation. GNP summarizes interests, rates, rents, benefits and profits paid out by pariahs. Strategy producers are regularly much intrigued with the monetary movement level along these lines making GDP to be progressively liked. In spite of the fact that not precise in an all-inclusive timeframe, GDP offers a total depiction of the economy. It offers a synopsis of the whole scope of financial data into a solitary number, in this manner thinking about near shortcomings and qualities of different monetary areas. It is an exact In many cases, an expansion in monetary development is regularly joined by equivalent increment in both pay and work. Gross domestic product subsequently looks to gauge such changes in financial and social government assistance. Be that as it may, it can just give an exact f igure of certain other contributing elements stay steady. Monetary experts accept that GDP thinks about the general government assistance so exact enough to expect it as a comparable measure on government assistance. In any case, pundits, for example, think tank Redefining Progress (talked about underneath) accept that GDP doesn't reflect compactly the all out utility measures (Chien, 2010). Customarily, market analysts have been utilizing GDP measure to estimated the monetary advancement. An increments in GDP esteem implied the specific nation is advancing. Subsequently, a fall in GDP implied that the specific country is quickly surrendering ground. From a severe arithmetical angle, DGP offers a straight forward marker to monetary health. Anyway to a typical man, GDP insights can be deluding. To counter this uncertainty, Redefining Progress-social research organization thought of the Genuine Progress Indicator (GPI) in 1995. This thought was sustains as an option to the convectiona l GDP as a parameter for evaluating the financial and social prosperity of a nation. The two markers depend on a typical individual utilization information benchmark. Be that as it may, GPI dissimilar to GDP gives modification components and factors that speak to both financial and non money related parts of the country’s economy. The modification classes can be assembled into the accompanying classifications; Personal utilization: this standard gives comparative information input like what is utilized in GDP estimation. Salary Distribution; under this, GPI is scaled upward when a higher level of a country’

Friday, August 21, 2020

Getting High Quality Writing Paper

Getting High Quality Writing PaperYou need to be sure of your paper before printing. There are so many things that go into the paper. You need to think about the information you want to share. You need to know how many people will read it, whether you want your work to be printed in color or black and white, and what size printer you want to use.Now you have the correct paper ready to print, you can now start the paper printing process. Make sure the paper comes out the way you want it to. Remember that it will need to be laid out correctly so that it will cover the pages properly.Consider the thickness of the paper. The thickness of the paper will depend on whether you want to be able to see the words clearly or if you want to use it as a cover for your writing. Thicker paper will allow the words to be clearly seen and will allow you to easily touch up areas that have issues.Style can also play a role in paper sizing. Depending on the type of paper you choose, you may want to have a larger size or a smaller size. For example, if you choose a paper that is a little bit thick, you may need to adjust the paper size.How much ink will the paper require? When you are choosing paper, consider how much ink you want to use for the paper. You will probably need to use a lot of ink to print something that is going to be used, but you may need less if you are only using it as a decorative item for a gift.Make sure you get the right kind of paper for the paper that you want to use. Your papers may need to be acid free paper, which means that they do not need to be bleached like other papers. This is especially important if you have children at home, as the chemicals that they may put into their mouth could potentially cause them to become ill.Now that you have all of these types of paper prepared, you need to decide how to lay out the paper. If you have black and white text, you will need to know how many pages you want on each side of the paper to be. You may also want to choose the right paper thickness for the type of paper you want to use.After all of these aspects are taken care of, you should know how much paper you need to print the paper. This will help you make sure that the paper fits all of the instructions that you have written out for the paper. Once you know how much paper you need, you can then determine what kind of paper you want to use and be sure that you are printing the paper the way you want it to look.

Monday, May 25, 2020

The Presidential Selection Of 1860 - 855 Words

The presidential selection of 1860 set the stage for the American Civil war. By 1860, the nation had been at odds mostly up to that point regarding questions of states’ rights and slavery in the territories. Southerners were livid over the preparation by an abolitionist, John Brown, to establish a slave uprising at Harper Ferry, Virginia. This event garnered headlines all over the nation in newspapers and magazines. On the other hand, the Northern Republic seemed equally infuriated by the Supreme Court verdict in the case of Dred Scott v. Stanford, which affirmed free soil unconstitutional. The Northern Democrats, however, struggled to convince the Americans that their guidelines of popular sovereignty still made sense. Enter the presidential election of 1860, which brought these tribulations to a clash with dramatic cost. The Democratic Party divided into three groups along their provincial lines, with each person vying for control of the party and each holding dissimilar ideas about how to deal with servitude in the West. Their candidates consisted of John C. Breckinride, John Bell, and Stephen A. Douglas; their efforts would be rubbish, however, as Abraham Lincoln would be triumphant for the Republican Party. Lincoln stood on the grounds that the West should be completely liberated of slavery entirely; which apparently was sufficient as he won the election with less than forty percent of the popular vote. On a side note about the election, fifty-nine percent of theShow MoreRelatedThe Principles Of The Us Electoral System1336 Words   |  6 PagesIn this paper, we will consider the principles of the US electoral system. We will discuss the historical aspect of the presidential elections and respo nd to the following questions: Is the election of the President of the United States a result of a direct democracy or a representative democracy? Who was eligible to vote for the president in the 1790’s? We will also find out the purpose of the Electoral College and discuss principles of its work. The electoral system of the United States is basedRead MoreAbraham Lincoln And The American War1696 Words   |  7 Pagesopponent and rival, Democrat Stephen A. Douglas, Lincoln spoke out against the expansion of slavery, but lost the U.S. Senate race to Douglas. In 1860, Lincoln secured the Republican Party presidential nomination as a moderate from a swing state. With very little support in the slaveholding states of the South, he swept the North and was elected president in 1860. His victory prompted seven southern slave states to form the Confederate States of America before he moved into the White House - no compromiseRead MoreWhat Is The History Of An Essay869 Words   |  4 Pagesabout. The website lists the important events from beginning to end and it includes more information about them as you continue to read. The larger site has a similar setup and it can be used to search many other similar history topics. They give a selection of topics starting in 1630 to some of the most recent historical events. Most of the content is going to be used to get information about a specific time period and learning about important information and details about that specific event. TheRead MoreThe Legacy Of Abraham Lincoln1521 Words   |  7 Pagesopponent and rival, Democrat Stephen A. Douglas, Lincoln spoke out against the expansion of slavery, but lost the U.S. Senate race to Douglas. In 1860, Lincoln secured the Republican Party presidential nomination as a moderate from a swing state. With very little support in the slaveholding states of the South, he swept the North and was elected president in 1860. His victory prompted seven southern slave states to form the Confederate States of America before he moved into the White House - no compromiseRead MoreDemocracy Now : Abolish The Electoral College1581 Words   |  7 Pagesthe most votes can still lose the election. There isn’t any elected office in the Nation, be it county, City, State, or national level, where this is true. The person who gets more votes — one person, one vote — wins, but that is not true in the presidential election† (Congressional Digest, 19). As Americans our votes are not equal. Democrats overtake the Republican voters in California. Why should a third party voter even cast a ballot? If a candidate wins 52% of the vote in most states they receiveRead MoreGeorgia Case Analysis1682 Words   |  7 PagesGeorgia is a state that has a political history that is very similar to many of its southern neighbors. The state succeeded during the Civil War and the election of Abraham Lincoln in 1860. During the period of Reconstruction, the state was forced to have two Republican Governors, but once regular elections returned in 1872 the state has seen an unprecedent streak of democratic governors. Not until 2003 did a Republican Governor reign over the state since Reconstruction. While many other southernRead MoreA SELECTION OF PAST AP U.S. FREE RESPONSE QUESTIONS:3529 Words   |  15 PagesA SELECTION OF PAST AP U.S. FREE RESPONSE QUESTIONS: Part 1: Colonial Period to Civil War Colonial Times 1607 -1775 1. From 1600 -1763, several European nations vied for control of the North American continent. Why did England win the struggle? (73) 2. In the seventeenth century, New England Puritans tried to create a model society. What were their aspirations, and to what extent were those aspirations fulfilled during the seventeenth century? (83) 3. In the two decades before theRead More Political Parties in the United States Essay2450 Words   |  10 Pagesindependents normally have partisan leanings and exhibit high levels of partisan loyalty. For example, on average 75 percent of independents who leaned either toward the Republicans or the Democrats voted for their preferred partys presidential candidate in the five presidential elections held between 1980 and 1996. The pervasiveness of partisan influences also extends to the party in government. The two major parties dominate the presidency, Congress, governorships, and state legislatures. Every presidentRead More The Electoral College: Rationale and Process Essay example2364 Words   |  10 Pagescontinuing controversy for over two hundred years. There have been more attempts to change the twelfth amendment than any other provision in the Constitution. Ironically, in the debates preceding the ratification of the Constitution, the method of presidential selection was not very controversial. Alexander Hamilton wrote, The mode of appointment of the chief magistrate of the United States is almost the only part of the system, of any consequence which has escaped without severe censure or which has receivedRead MoreWomen During The Civil War2024 Words   |  9 PagesIn the 1860’s, American society during the war was of two minds. To fully illustrate the discontent and anger felt for the war , analysis of the personal accounts of women during the Civil War will be introduced in this writing. The personal accounts include diary excerpts and letters, as well as an illustration produced at the time of the war. The wavering of unity on both the South and North due to the separation of family and the destruction of the United States and its individuals set the tone

Friday, May 15, 2020

Social Networking in Business - 1001 Words

Abstract Businesses today are growing more aware of trends in social and business networking to assist them in growing, developing products, services and the advertising to draw consumers to them in ever increasing numbers. Social Networking in Business Many businesses are using social networking to see what consumers are saying about products and what will likely be purchased by people. Companies such as Pizza Hut, Papa John’s and Sears are using networking sites. Someone can become a fan of Papa John’s on Facebook.com or follow them on Twitter.com and receive discounts on pizza. Pizza Hut has a blog on Twitter for people to make comments and access codes for discounts; there is also a link for the Pizza Hut main site.†¦show more content†¦Many of the entrepreneurs on the sites help each other find tools for advertising, marketing lists and items to help the business succeed. Even at times there is emotional support when a business owner is having problems in their personal life. Others connected with Elygantthings.com try to help each other cope. Support is very important when just starting a business and even if someone has been in business a long time. Sometimes having discussions between other business ow ners helps in getting past a difficult time whether related to business or personal difficulties. Social networking is important to me for my future business because it will help in establishing a concrete presence for my company. Starting and maintaining a professional blog on Twitter or other places such as that will help to get the company name out there for people to see. Potential customers will understand what my business encompasses; also types of services or products readily available to them before and after a purchase. It would help me when dealing with shippers and suppliers in running my business efficiently. In the scheme of things, I want to let people know what I believe in and how the company will work with them on any interactions with them. References Brynko, Barbara. (2009/05), Filtrbox: Tracking Real Time Market News, Information Today, Issue 5,Show MoreRelatedEssay on Social Networking in Business1149 Words   |  5 PagesMike Swanstrom 3/29/2010 Social Networking In Business Introduction Social networking in business is the study of individuals interacting socially for business purposes. This can be done either electronically, or not electronically. Usually when social networking occurs electronically, it is achieved through network-based interfaces. Social networking is primarily focused around one thing: connections. One can utilize every social network that exists (Facebook, Twitter, etc.), but unlessRead MoreSocial Networking in the Business World Essay1435 Words   |  6 PagesAbstract Business professionals today face challenges that just did not exist centuries ago. In a world of tough competition and ever-changing trends, to be successful and effective in business, you must constantly strive to stay one step ahead of your competitors, and be on the lookout for new ways to get noticed. Social networking has emerged as one of the latest trends in business today, and utilizing the social media for sales, marketing, and recruiting can drive your business and help itRead MoreImpact of Social Networking Websites on Business2519 Words   |  11 Pages IMPACT OF SOCIAL NETWORKING WEBSITES ON BUSINESS | Asheri George MatembeleApril 16, 2013 | Table of Contents Abstract 2 Introduction 3 Literature Review 3 Comparison of Social Networking Websites 5 Benefits of using social network websites for business 6 How to Use Social Networking Websites for Business 8 Problems Associated with Social Networking Websites 10 Conclusion 10 References 11 Abstract A social networking website is a social structure build-up of individuals or organizationsRead MoreBenefits Of Social Networking On Small Business2027 Words   |  9 Pagesbenefits might social networking websites offer to small business? There are so many benefits social networking websites offer to small businesses. When an individual starts a business, the main motive for starting the business is profit and to achieve that the company must be recognized, before the internet became available small business struggled to get recognition and there no proper way to make sure that their business existed but the arrival of internet changed all this ex specially social networkingRead MoreSocial Networking in Business and Human Resources2312 Words   |  10 PagesSocial Networking in Business and Human Resources Rebecca Moriarty Troy University Introduction to Information Systems IS 3300 XTIB Dr. Rodger Morrison February 27, 2011 With the growth and explosion of popularity of the internet in the recent past, there has been a significant increase in the use of social networking sites. More than ever people and businesses are now using the internet with the purpose of having access to social networking sites. It is in these sitesRead MoreImpact of Social Networking Websites on Business2526 Words   |  11 Pages IMPACT OF SOCIAL NETWORKING WEBSITES ON BUSINESS | Asheri George MatembeleApril 16, 2013 | Table of Contents Abstract 2 Introduction 3 Literature Review 3 Comparison of Social Networking Websites 5 Benefits of using social network websites for business 6 How to Use Social Networking Websites for Business 8 Problems Associated with Social Networking Websites 10 Conclusion 10 References 11 Abstract A social networking website is a social structure build-up of individuals or organizationsRead MoreAdvantages And Disadvantages Of Social Networking On Business1769 Words   |  8 PagesBy the use of blogs business organisation can share the information about their brand, new product and customer service awareness and also the links where they can get product easily. The blog is the best way to aware the customer about the usage, precaution relating to the usage of products. The blog is significant tool for business as they can get the feedback and comments regarding the product from customers (Laroche et al., 2013). The authors also concluded that business should focus on the creatingRead MoreTitle : the Enhancement of Social Networking Tools in Business1099 Words   |  5 Pagesthrough networking, precisely social networking to enquire tremendous methods for problem solving. This study represents a research on the influence impact social networking tools has done to business env ironments. Studies have shown that most SMEs rise with the help of social network has developed its own platform to encourage entrepreneurs to exceed at the highest level possible to be able to compete in the major market. The major findings have emerged as follows: A) Since social networking toolsRead MoreSocial Networking And Relationships : Comparing Business Models1906 Words   |  8 PagesNicole Van Cleve LEAD 861 Megan Church-Nally June 18, 2016 Social Networking and Relationships: Comparing Business Models to Education Models In a society where we spend more time with the people we work with than our own families, Social Relationships in the workplace could not be more important. In order for our work to feel satisfactory we must connect and maintain social relationships and networks. Social communication is almost as important in the workplace as the actual work itself is. ItRead MoreEffects of Social Networking on Business Growth Development3775 Words   |  16 PagesCHAPTER ONE introduction The advent of the Atomic or Space Age has focused attention on the specific approach to business decision making. In no field of management has this been more pronounced than in the field of marketing. Following naturally from the more advanced technologically progress and higher standard of living in Canada, the United States and other developed economies, scientific marketing has made greater strides in North America than if has anywhere else in the world. The

Wednesday, May 6, 2020

brave new world, compare and contrast character Essay...

Henry For as God It makes sense that Ford is their God because the society in Brave New World moves away from culture and identity towards total technological efficiency. Ford is the father of modern automobiles and of production technology, he represent all things scientific and efficient making him a suitable symbol for them to â€Å"worship†. Ford is to their scientific society what God is to a cultural one. I believe Huxley chose Ford to become the closest thing to God in Brave New World because he was made progressive in his developments and in his treatment of his employees (they enjoyed working for him and got paid well), just like the new world is very developed, every person loves what they do, they do not have stress and are†¦show more content†¦Example: When Bernard admires the nature and Leina tells him that it is pointless and does not appeal to her- this shows two different people. Leina enjoys all things that she was conditioned to like golf, the theater (anything tha t cost money) which benefits the economy. Yet, Bernard taking a liking to the nature shows a failure in the conditioning because they were taught to hate flowers. Flowers do not provide the World State with money. I do believe that there is flaws because if people started to explore like Bernard they might find an interest in things (nature) that do not benefit the World States economy. I also think that their conditioning for their economy is a strong system because the World State is stable meaning everyone is happy living a perfect life. Isn’t that what we all want? Questions: Would you want to step foot in Bernard’s shoes to admire the beauty of nature or be conditioned to hate it? How do you think the economy in Brave New World would collapse? Alpha, Beta, Gamma, Delta, Epsilon There is a need for these levels of existence in Brave New World for economic stability. They have this caste system to ensure every role and job in society is filled with hard workers. In each â€Å"social class† the people love every aspect of their lives making them put 100% effort into each task they do, creating a great world and even better economy. I think we would fall as alphas inShow MoreRelatedComparison between The Chrysalids and Brave New World892 Words   |  4 Pages1 English Studies Extended Study – Connected Texts In this essay I will compare two novels which deal with similar themes but in significantly different ways: â€Å"The Chrysalids†, a science fiction novel by John Wyndham published in 1955 and â€Å"Brave New World†, a novel by Aldous Huxley published in 1932. The story in â€Å"The Chrysalids† takes place thousands of years in the future in a rural society similar to our world before the invention of modern technology such as telephones, cars, etc. The peopleRead MoreComparison Essay Between 1984 and Bnw1285 Words   |  6 Pagesas seen in Aldous Huxleys Brave New World. However, if conditioning fails, or, is not exercised, even utopias can very easily become dystopias, such as in George Orwells 1984. Therefore, what one views as a dystopia, another could easily see as a utopia, and vice versa. Huxleys Brave New World and Orwells 1984 are in many ways, very similar. Both novels incorporate class of people who only exist on the outside edge of the society, which the authors use to compare between societies which theyRead MoreEssay about 1984 and Brave New World1304 Words   |  6 Pages1984 and Brave New World Undoubtedly, the thought of living in, or forming a utopian society has flashed through nearly every person’s mind. A few people have even tried to make this ideal dream society a reality. Unfortunately, within the pursuit of these societies the leaders become corrupt and begin to become paranoid with the fear of rebellion. Hundreds of people were murdered during the reigns of Adolph Hitler and Joseph Stalin in what they considered measures to maintain peace and stabilityRead MoreFrankenstein Essay1374 Words   |  6 PagesCompare Shelley’s Presentation of Women in Frankenstein with that of Brave New World Throughout the novel, Frankenstein, a feminist theme subtly pervades the novel, and is crucial to the characters of the story, the plot line and the setting of the novel. The reasons for the creation of the monster lie within Frankenstein s own familial relationships, especially with the grief he experienced at the loss of his mother. Frankenstein is riddled with passive female characters who suffer throughoutRead MoreAnalysis Of The Book Brave New World By Aldous Huxley Essay1362 Words   |  6 PagesTitle: Brave New World Author: Aldous Huxley Main Characters: Bernard, John, Lenina, Linda Synopsis: The book begins in a human reproduction facility where they are basically engineering and developing human beings. It explains that once a child is born they are trained to conform to society. For example, babies were placed on an electric floor in front of books and flowers, and to train them they were electrocuted until they learned to dislike books and nature. This was done to ensure that the engineeredRead MoreBrave New World by Aldous Huxley1135 Words   |  5 Pagesthinking against oneself (Brave New World Compare/Contrast Essay) Aldous Huxley, one of the most gifted and influential literary figures of the mid-twentieth century, wrote the intriguing story Brave New World. The story focused on a perfect Utopia that existed in the future and a man from a different society that came in with what they’ve believed to be distorted ideas which went against everything the Utopia stood for and would test the very ideas on which that world represented. Their uniquelyRead MoreThe Dark Knight Speech Essay965 Words   |  4 Pagesa feeling of sickness, fear and intimidation as the audience can only focus on the Joker, much like Rachel. Rachel is presented as a very strong character throughout the film, yet trembles in the Jokers presence in this scene. These camera techniques show the audience how the Joker can instil fear into even the strongest and most respectable characters. Whilst the camera work in The Party scene helps develop the audiences understanding of the Joker, it also helps the audience understand Batman, andRead MoreCompare and Contrast of Desdemona and Emilia1295 Words   |  6 Pagesvalues and characters such as love and jealousy, trust and breach of trust etc. Desdemona, a representative of the perfect embodiment of a faithful loving wife, eventually killed by her suspecting husband. Emilia, an analytical woman that knew to obey the social norms but still carried a sense of inherent moral compass and compassion. How do the characters perceive what is proper and moral in the society they were in? This essay will explore the characters of Desdemona and Emilia, compare and contrastRead MoreSocial Norms around the World879 Words   |  3 Pagesthat there are huge differences among kinds of social norms. In the film Witness, director Peter Weir explores the distinct and huge cultural conflicts between the old Amish society of western Pennsylvania and the modern American world of crime and violence. The main character, Philadelphia police detective John Book, is forced in to hiding by a group of corrupt fellow officers looking for a little Amish boy, Samuel. The boy witnesses a merciless killing and identifies that one of the murders is Book’sRead MoreNapoleon Bonaparte And George Washington941 Words   |  4 PagesRevolution, 1789-1799 the commencement of the Napoleonic Era, 1804-1815(Bonjour la France). Two Revolutions, two Generals, on two Continents. Bonaparte and Washington fought for equality, freedom, and fraternity for their homelands. This essay will compare and contrast Napoleon Bonaparte and George Washington by their education, most significant battle, and achievements. The question is, was Napoleon Bonaparte a dictator, or one of the most remarkable military strategist? Opinions are diverse about the man

Tuesday, May 5, 2020

Pathophysiology 2 types of Diabetes

Question: Describe about pathophysiology of type 2 diabetes? Answer: Dysfunction insulin secretion: Dysfunctional insulin secretion is due to decrease in glucose action in before meal of insulin secretion and also in after meals which causes postprandial hyperglycemia. If impaired insulin secretion is continued than it causes glucose toxicity and lipo toxicity, causes the deterioration of pancreatic cells which results in permanent increase of blood glucose. Insulin resistance: In this, insulin does not show particular action in the body which is needed and proportional to blood concentration. The insulin resistance can be due to genetic factors and environmental factors such as smoking, alcohol and stress etc. Insulin receptors and insulin receptor substrates directly affect the insulin signals, thus causes insulin resistance. In environmental factors, beta cells cannot keeps on producing insulin, as its function goes down, glucose level increase after meal and liver start producing more glucose and glucagon secretion helps in sustain hyperglycemia. List of pancreatic hormones: Gastrin: helps in digestion and stimulate stomach cell to produce acid. Glucagon: it worked opposite to insulin and maintain blood glucose level. It causes liver to convert stored glycogen into glucose in blood stream. Insulin: it helps in controlling blood glucose, by initiating liver, muscles and fat cells to take in blood glucose from blood. Insulin helps cells to take in glucose and used for energy. Somatostatin: helps in maintaining proper concentration of glucagon and insulin in blood, somatostatin secrets, whenever their level rises. Vasoactive intestinal peptide (VIP): helps in controlling water secretion and absorption from intestine. GLP-1 promote glucose homeostasis and stimulate insulin secretion and suppress glucagon release. It binds to G protein coupled receptor and activate c- AMP, this c-AMP stimulates insulin secretion in pancreatic beta cells (Ma X., 2014). Use of incretin is to improve diabetes control and increase weight loss, either alone or in combination with other drugs such as metformin. Its side effect are nausea, diarrhoea, loss of appetite and dizziness. References: 1. Freinke N. 2015. American Diabetes Association Standards of Medical Care in Diabetes, diabetes care. The journal of clinical and applied research and education. Volume 38(1). https://professional.diabetes.org/admin/UserFiles/0%20-%20Sean/Documents/January%20Supplement%20Combined_Final.pdf. 2. Ma X. 2014. Glucagon-like peptide 1-potentiated insulin secretion and proliferation of pancreatic -cells. J Diabetes. 6(5): 394-402. https://www.ncbi.nlm.nih.gov/pubmed/24725840.

Sunday, April 12, 2020

The Quran Treatment and Status of Women

Islam is based on the traditions and ideals, which are stipulated in the Quran. The directives and examples of the Prophet Muhammad reinforce these traditions and ideals. The Quran repeatedly gives expression on the need for treating men and women with equity and reproaches those who believe women to be inferior to men.Advertising We will write a custom essay sample on The Quran: Treatment and Status of Women specifically for you for only $16.05 $11/page Learn More Women’s role in the formation of Islamic society in its first decades is well documented. Despite the historical data available, the fundamentalist and conservative forces that control the modern images of women have suppressed Islamic women’s place in religious history. The various restrictions, social rules, and seclusion, isolation has emerged as one of the dominant features which characterizes the life and activities of Muslim women. The implicit view is that the existing soc ial system, of the Muslim communities and women’s position there in has been maintained largely because of historical isolation. The ideal image of women, as advocated by Quran, is not reflected in populist representation of Muslim women in contextual situation (Dawood, 2004). The women’s passivity, seclusion, and marginal place in Muslim society have little to do with Islamic tradition. However, they are, on the contrary, ideological constructs that are alien to Islam and effects of the misuse of power by reactionary forces. The Quran: Relationship between Islam, Judaism, and Christianity In relation to Islam, the position of Judaism and Christianity is both similar and different. The Jewish and Christian scriptures do not mention Muslims; they are not the subject of any doctrine or jurisdiction. However, the Church’s position toward Muslim differs from its position toward Jews. Christianity does not proclaim that it was the True Islam (Verus Islam); it did not drive the Muslims out of Mecca by forbidding them to reside there. Unlike Jewry, deprived of any political power, Christians and Muslims built empires that were in constant confrontation. Islam, on the contrary, places Judaism and Christianity in an identical position. Islam is considered as the â€Å"True Judaism† and the â€Å"True Christianity.† Jews and Christians are mentioned frequently in the Quran, the Sunna, and in biographies of the prophet (Dawood, 2004).Advertising Looking for essay on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More These normative writings formulate a doctrine concerning them, and a theological jurisdiction which they must be forced to abide by, as an obligation imposed on them. It is this Judeo-Christian bonding which makes it impossible for Christians to achieve a reconciliation with Islam against Israel. However, reconciliation with Israel involves rejecting the theologies of substitution, abandonment of jihad, and liberation from dhimmitude. Hence, the road to freedom for Christians is contrary to the knavery of dhimmi clergies. In addition, the doctrinal position concerning the Jews and Christians, inscribed in the Islamic revelation, unlike the Bible, constitutes the key obstacle to rapprochement with Islam. The Quran: Marriage, Divorce, and Polygamy Rules regarding marriage and divorce are highlighted in the Quran, and prophet Muhammad also reported that a Muslim has to perfect half of his religion when he marries. The Quran states that, God created mankind from one living soul, and from that soul a spouse was created so that man might find comfort in her (Quran 4:1; 7:107). Therefore, asceticism is not encouraged. Marriage was intended to be permanent. Muhammad condemned men and women who frequently changed marriage partners and described divorce as the most detestable of all lawful things before God. However, provisions were made for divorce (Qura n 2: 228-241). Traditionally, a husband could divorce a wife by reciting before witnesses three times, â€Å"I divorce you.† In modern Islamic societies, various laws prescribe the rules of divorce and the benefits of each party. A major stereotype of Islam is that it allows a man to have many wives. It is true that the Quran permits a man to have up to four wives under certain conditions. It is a conditional permission and not a matter of necessity. A prerequisite of polygamy is for the wives to have the same rights and privileges. The Quran insists that they be treated justly (4:3; 4:129). Although the Quran and tradition demonstrate that polygamy was permitted but practiced, it is not the rule of thumb in modern times. Many Islamic nations prohibit it; other control polygamy. The social and economic conditions of an individual affect his/her choice to have only one wife. The Quran: Justification of Jihad Jihad, in the Holy Quran, is declared warfare against injustice and o ppression; which can only be carried out by an organized Muslim state. As such, an Islamic State has been given permission to fight against persecution in the society. The taking of any human life is not allowed, and this is stated in the Holy Quran. â€Å"Whosoever killed a single soul, except being a punishment for murder-is as if he killed the whole of mankind† (Quran 5:32).Advertising We will write a custom essay sample on The Quran: Treatment and Status of Women specifically for you for only $16.05 $11/page Learn More Therefore, strict laws and rules that are derived from the Holy Quran govern the term Jihad. These teachings were ascribed to the Prophet Muhammad. In addition to Jihad’s strict laws and rules, there are moral and ethical teachings regarding them, as well. These teachings are based on fundamental teachings of the Holy Quran. Conclusion Quran, like the Christian Bible, depicts morality to its followers. Rules and guideli nes are illustrated in an attempt to realize peaceful co-existence among the Muslim and Non-Muslim communities in the society. Occasionally, Non-Muslim communities have associated Islamic tradition and culture with war. This is the common stereotypes especially on the minimal understanding on Jihad’s rules and guidelines. As such, Quran focuses on spiritual and social harmony in the society. Reference Dawood, N. J. (2004). The Koran. London: Penguin. This essay on The Quran: Treatment and Status of Women was written and submitted by user Anna Q. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Tuesday, March 10, 2020

Free Essays on Adult Learning

Lifelong learning is already a reality for many adults. Some engage in learning to keep up with the rapid societal changes, others to improve their knowledge and skills. However, we know from work carried out in different places that a substantial number of adults do not participate in lifelong learning. Some face barriers to access that arise for a range of reasons, including financial constraints and changing human resource development practices in firms. But for many adults, barriers to participation arise because the available learning opportunities are poorly adapted to their learning needs or the situations in which they find themselves. If lifelong learning is to be a reality for those adults that are now excluded, there is need for more than simply a policy commitment to serve all: we need more policy and program know-how. In April 1998, the U.S. Department of Education, held an international conference on How Adults Learn. The purpose was to further the understanding of how programs and policies could be better adapted to the learning needs of adults who, so far, have been underrepresented in lifelong learning. In our search for sound answers we sought out the views and experience of researchers, practitioners, and policymakers from different parts of the world. The results are a rich set of lessons, some provocative questions, and suggestions for new areas of inquiry. I appreciate the willingness of the U.S. Department of Education to publish these results to make them more widely accessible. It is my hope that the publications will continue to work in this area and nourish a constructive debate that will lead to expanded opportunities for adult lifelong learning Lifelong learning is a reality for adults for a variety of reasons. Some engage in learning to keep up with rapid societal changes, others to improve their knowledge and skills. As adults continue to live longer, and as full participation in society depends increa... Free Essays on Adult Learning Free Essays on Adult Learning Lifelong learning is already a reality for many adults. Some engage in learning to keep up with the rapid societal changes, others to improve their knowledge and skills. However, we know from work carried out in different places that a substantial number of adults do not participate in lifelong learning. Some face barriers to access that arise for a range of reasons, including financial constraints and changing human resource development practices in firms. But for many adults, barriers to participation arise because the available learning opportunities are poorly adapted to their learning needs or the situations in which they find themselves. If lifelong learning is to be a reality for those adults that are now excluded, there is need for more than simply a policy commitment to serve all: we need more policy and program know-how. In April 1998, the U.S. Department of Education, held an international conference on How Adults Learn. The purpose was to further the understanding of how programs and policies could be better adapted to the learning needs of adults who, so far, have been underrepresented in lifelong learning. In our search for sound answers we sought out the views and experience of researchers, practitioners, and policymakers from different parts of the world. The results are a rich set of lessons, some provocative questions, and suggestions for new areas of inquiry. I appreciate the willingness of the U.S. Department of Education to publish these results to make them more widely accessible. It is my hope that the publications will continue to work in this area and nourish a constructive debate that will lead to expanded opportunities for adult lifelong learning Lifelong learning is a reality for adults for a variety of reasons. Some engage in learning to keep up with rapid societal changes, others to improve their knowledge and skills. As adults continue to live longer, and as full participation in society depends increa...

Sunday, February 23, 2020

Sexual Exploitation by Child Molesters Coursework

Sexual Exploitation by Child Molesters - Coursework Example This is very significant because in most of the cases, relatives of children or family friends, rather than strangers, are the perpetrators of such molestations. Thus, basically, there exists the need for a system to create awareness in parents as well as children about different ways and means in which child molesters win the trust of children and then groom them, to subsequently establish sexual relationship with them. On the other hand, the parents of victimized children undergo a lot of mental agony and, more often than not, become subjects of social stigma. They also need intervention to help them overcome the trauma and associated difficulties in dealing with the problems. Besides, such parents will also require intervention in â€Å"addressing their children’s behavior difficulties† (Lev-Wiesel, 2008, p.667). In this context, an essential intervention is to provide them training in â€Å"child behavior management strategies† as well as appropriate communic ation techniques so that possibilities can be developed for creating â€Å"opportunities for therapeutic discussions regarding the abuse† (p.667).

Friday, February 7, 2020

Compare two company Essay Example | Topics and Well Written Essays - 3500 words

Compare two company - Essay Example Charles Boot headed the efforts of company to obtain various government contracts during the war period. It is rather an achievement that 1000 military buildings and over 50 miles of roads were constructed within one year during Great War. During the years 1919 – 1939 inter-war period, Henry Boot built over 80,000 houses which were more than any other contractor in United Kingdom. Henry Boot Plc under the leadership of Charles Boot developed Pinewood Studios at Heatherden Hall, Iver, Buckinghamshire during 1936, which was based on the layout and practice of USA film studio. The company acquired Baldry, Yerburgh and Hutchinson Limited and Flettons Limited and company started to undertake all types of construction work, large and small, both for the public and private sector. Company’s turnover continued to increase in the areas of building and civil engineering which included long term contract for the National Coal Board and British Steel Corporation, railway engineerin g contracting, joinery manufacture and houses for sale. Henry Boot Plc formed subsidiary in the name of Banner Building Society to offer mortgages to general public for commercial and residential properties. The expansion of Henry Boot Plc continued with the acquisition of a foundry in Bingley, West Yorkshire in 1974 and during 1976 the company saw an increase in overseas work initially with the collaboration of Hong Kong based Gammon in supplying and laying the tracks for Mass Transit Railway System followed by  £13 million railway sub-contract on the Kowloon-Canton Railway in Australia. Later, Henry Boot Plc acquired Thos W. Ward (Railway Engineers) Limited of Sandiacre in order to strengthen the group’s railway engineering activity which was followed by the prestigious Queen’s Award for Export Achievement. The company’s core activities are property development, land management, construction and plant hire. Presently Henry Boot Plc is

Wednesday, January 29, 2020

General Mills Essay Example for Free

General Mills Essay On December 8, 2000, management at General Mills proposed a plan to acquire Pillsbury, a baked-goods producer. Pillsbury is currently controlled by Diageo PLC, one of the world’s leading consumer goods companies. The deal specifies that General Mills is to create and thus issue additional shares of common stock to Diageo in exchange for complete ownership of the Pillsbury subsidiary. If the deal is executed, Diageo will become General Mills’ largest shareholder. The consideration to Diageo would include 141 million shares of the companys common stock and the assumption of . 142 billion of Pillsbury debt, making the deal worth over $10 billion. In addition, the agreement will contain a contingency payment, as up to $642 million of the total transaction value may be repaid to General Mills at the first anniversary of the closing, depending on its average stock price at that time. In this report, we will calculate and analyze various costs and benefits associated with the transaction to determine whether or not General Mills’ shareholders should vote for the proposed acquisition. If approved, General Mills will become the fifth largest food company in the world 2. OVERVIEW OF GENERAL MILLS, INC. General Mills manufactures and markets branded consumer foods worldwide. It has a strong presence in the United States, as it is the nation’s largest producer of yogurt and the second largest producer of ready-to-eat breakfast cereals. The company owns many product segments that are marketed under high-profile brand names, such as Betty Crocker, Yoplait, Cheerios, and Big G. Each of these businesses in the United States was mature and offered relatively low organic growth. Because of this reason, the firm has pursued numerous expansion opportunities that have successfully positioned General Mills as a market leader. Its expansion efforts have proved successful, as General Mills had annual revenues of about $7. 5 billion in the fiscal-year 2000. Although highly profitable, General Mills is facing increased competition in the food industry, as rivals are consolidating and becoming more difficult to compete against. Therefore, General Mills must be able to recognize and thus act on potentially high-yielding investments that will allow the company to expand despite the slow-growth food industry. Through a program of aggressive share repurchases in the 1990s, General Mills had increased its book value debt-to-equity ratio dramatically compared with its peers. Despite this fact, General Mills still maintains an investment grade bond rating from the rating agencies. 3. OVERVIEW OF DIAGEO PLC AND PILLSBURY COMPANY Diageo is one of the world’s leading consumer goods companies formed in 1997 through the merger of GrandMet and Guinness. Its product portfolio consisted of prominent alcoholic-beverage brands such as J;B, Johnnie Walker, Smirnoff, Gordon’s, Tanqueray, and Guinness as well as the Burger King fast food chain and Pillsbury. Pillsbury is a baked goods company that operates under Diageo. Pillsbury is one of America’s best-recognized names in the food industry. Marketing its goods under the popular Dough Boy character, Pillsbury has successfully positioned its brand and has created a longstanding platform for success in the food industry. The company also controls several other high-profile brands, such as Green Giant, Old El Paso, and Progresso. Not too far behind General Mills, in 2000, Pillsbury generated annual revenues of $6. 1 billion. 4. OVERVIEW OF GENERAL MILLS’ ACQUISITION OF PILLSBURY On December 8, 2000, management of General Mills recommended that its shareholders authorize the creation of more shares of common stock in order to acquire Pillsbury. The transaction between Pillsbury and General Mills will involve a stock-for-stock exchange that would pay Diageo over $10 billion; 141 million shares of common stock in addition to the assumption of $5. 142 billion in debt. This debt figure includes Pillsbury’s existing debt of $142 million, along with $5 billion in new borrowings that will be distributed to Diageo in the form of a special dividend before the deal is closed. After the transaction is completed, Diageo will own about 33% of General Mills’ outstanding shares. If approved, the transaction would result in Pillsbury operating as a wholly-owned subsidiary of General Mills. This essentially means that Pillsbury is completely controlled by General Mills, as General Mills would own 100% of Pillsbury’s stock. Diageo is primarily divesting its holding in Pillsbury in exchange for a substantial holding in General Mills. The transaction also includes a rare contingency payment, which specifies that $642 million of the transaction cost will be set aside by Diageo in an escrow account for one year following the closing of the deal. If General Mills’ average stock price is above $42. 55, Diageo is to transfer the $642 million back to General Mills. If General Mills’ average stock price is below $38, Diageo will only pay $450,000. If the stock price is between these two values, the escrow fund will be split on a pro-rated basis. It is important to note that there are two main constraints involved with the transaction. First, General Mills does not want Diageo to own in excess of 33% of its stock. Second, General Mills does not want to lose its investment-grade bond rating. 5. GENERAL MILLS’ STRATEGIC MOTIVES FOR ACQUIRING PILLSBURY Acquiring Pillsbury can provide General Mills with two main potential benefits. The first potential benefit for acquiring Pillsbury is growth. The acquisition of Pillsbury gives General Mills the opportunity to double the size of its empire. If the transaction is approved, General Mills will become the fifth largest food company in the world. By acquire Pillsbury, General Mills would create value for shareholders by providing opportunities for accelerated sales and earnings growth. These opportunities would be exploited through product innovation, channel expansion, international expansion, and productivity gains. In addition to growth, the transaction would also create positive synergies for General Mills through cost savings. General Mills’ management is motivated to close the deal because they believe that the two companies will grow faster together than either would alone. In other words, General Mills hopes to increase the value of the combined enterprise through synergy, which will benefit Diageo as well as the other shareholders of General Mills. The acquisition should accelerate earnings more quickly than if GM remains smaller and continues to focus solely on its core products. If General Mills acquires Pillsbury, it will be able to combine the capital, resources, and technology of both firms, resulting in greater efficiencies and increased capacity for future expansion efforts. The transaction would also result in at least $645 million in pretax savings between fiscal year 2001 and 2003 ($25 million in fiscal 2001, $220 million in 2002, and $400 million in 2003). These savings are the results of supply chain improvements, efficiencies in selling, merchandising, and marketing, as well as the streamlining of administrative activities. 6.   The deal would be economically attractive if the benefit is greater than or equal to the cost of the acquisition. In other word, the deal would be considered economically attractive if: Value of Pillsbury + Synergies + Clawback Stock Paid + Debt Assumed If the benefit is greater than or equal to the cost of the acquisition, value will be created for the shareholders. In other words, General Mills’ shareholders, which will include Diageo, will be benefit from the transaction. 6. 1. VALUATION OF PILLSBURY (WITHOUT SYNERGIES) Pillsbury was valued by both Evercore Partners and Merrill Lynch using three valuation methods: comparable firms (LTM EBITDA and LTM EBIT), comparable transactions (LTM EBITDA and LTM EBIT), and discounted cash flow (With and Without Synergies). Since synergies will be calculated separately in our discussion, it is important to value Pillsbury without synergies first (in other words, we need to find the value of Pillsbury by itself). The values that Evercore Partners and Merrill Lynch came up with are between $8. 4 billion and $13. 21. For our analysis, we will use these numbers as our estimated standalone value for Pillsbury with $8. 4 billon as the low value and $13. 21 as the high value. 6. 2. VALUE OF SYNERGIES (COST SYNERGIES) If the transaction is approved by shareholders, General Mills’ management team believes that the deal would create cost savings of $25 million, $220 million, and $400 million in 2001, 2002, and 2003 respectively. These savings are the results of supply chain improvements, efficiencies in selling, merchandising, and marketing, as well as the streamlining of administrative activities. However, through positive synergies between General Mills and Pillsbury, we believe that the cost savings will last longer than three years. Below is the discounted cash flow valuation of cost synergies given the following assumptions: a. WACC = 9. 3% b. Annual Inflation = 2% c. Free Cash Flow Perpetual Growth Rate = 2. 5% d. Tax Rate = 40% Based on the analysis above, the net present value of cost synergies is about $3. 24 billion. This number is very significant considered the valuation of Pillsbury itself is only worth between $8. 4 billion and $13. 21 billion. Synergies will be an important factor in our consideration when we provide our recommendations later in the report. 6. 3. VALUE OF CLAWBACK As part of the agreement between General Mills and Diageo, a contingent payment clause is included in the transaction. The terms of this payment specify that up to $642 million of the total transaction value may be repaid to General Mills at the first anniversary of the closing, depending on its average stock price for the 20 trading days prior to that date. If General Mills’ average stock price is above $42. 55, Diageo is to transfer the $642 million back to General Mills. If General Mills’ average stock price is below $38, Diageo will only pay $450,000. If the stock price is between these two values, the escrow fund will be split on a pro-rated basis. Exhibit 1 shows the payoff diagram for this contingent payment. With the stock price on the x-axis and the payoff amount on the y-axis, we are able to show the payoff amount (according to the terms in the contingency plan) with respect to the price of General Mills’ stock. As shown in the graph, the payoff is flat at $450,000 when the stock price is in between $0 and $38. However, the payoff begins increasing when the stock price is between $38 and $42. 55. The closer the stock price comes to $42. 55, the higher the payoff amount to General Mills. Once the stock price reaches $42. 55, the payoff is flat again, as General Mills is to receive a fixed amount of $642 million regardless of the price increase after it reaches the point of $42. 55. Some financial professional called this contingent payment â€Å"claw-back† provision because it would reclaim some value for General Mills if its share price rose. This contingent plan serves an important purpose in this transaction. Since General Mills and Diageo had differences in opinions with regards to the value of General Mills’ stock, the contingency payment serves as a â€Å"deal saver†. The entire transaction was about to fall apart over a price disagreement. General Mills didn’t want to pay more than $10 billion, whereas Diageo didn’t want to accept anything less than $10. 5 billion. Therefore, the contingency payment established the â€Å"bridge the gap† in purchase price. In addition, General Mills believes that its stock is undervalued, whereas Diageo believes the stock price will stay the same or decrease within a year. In other words, General Mills thinks the stock is worth more than it is trading for. It serves as an opportunity for General Mills to take advantage of its perception of the strength of its stock. From General Mills’ point of view, the contingent payment is equivalent to a bull spread: a long call with exercise price of $38. 00 and a short call with exercise price of $42. 55. Using Black Scholes option pricing model, the analysis below shows the value for this combined position. From the analysis above, the present value of the contingent payment (Clawback) is between $195. 43 million and $331. 63 million. If the deal is approved by shareholders, Diageo will own 141 million shares of General Mills’ common stock. To determine the value of General Mills’ stock payment to Diageo, it is important to note that General Mills’ board of directors approved the merger in July of 2000 but General Mills’ executives did not ask the shareholders for creation of more shares of its common stock until December of that year. Due to this reason, the average stock price of July and December will be used to calculate the value of General Mills’ stock payment to Diageo. Using the average price of the July stock price ($35.50 per share), the value of General Mills’ stock payment to Diageo is $5. 006 billion (141 million shares x $35. 50/share). Using the average price of the December stock price ($41. 00 per share), the value of General Mills’ stock payment to Diageo is $5. 781 billion (141 million shares x $41/share). 6. 5. VALUE OF DEBT ASSUMED If the deal i s approved by shareholders, General Mills will take on $5. 142 billion in new debt. This debt figure includes Pillsbury’s existing debt of $142 million, along with $5 billion in new borrowings that will be distributed to Diageo in the form of a special dividend before the deal is closed. This is one of the factors that shareholders should consider when making the decision to whether or not to vote for the deal. It is important to note that General Mills already have a higher increase in debt to equity ratio compared with its peers due to aggressive share repurchase back in the 1990s. General Mills may lose its investment grade bond rating if it has too much debt on its balance sheet. Now that we have all the components of costs and benefits for the acquisition, let’s put it all together to see if the acquisition of Pillsbury will be economically attractive to shareholder. In other word, will the acquisition of Pillsbury create value for shareholders? The table below summarizes the costs and benefits of Pillsbury Acquisition. Based on the analysis above, the benefits for both low and high end of the acquisition are higher than the costs of the acquisition. Due to this reason, the acquisition of Pillsbury is economically attractive to both General Mills’ managements and shareholders. 7. RECOMMENDATION FOR GENERAL MILLS’ SHAREHOLDERS Based on the cost and benefit analysis, the acquisition of Pillsbury is a promising investment. Acquiring Pillsbury can help General Mills create synergies through both income / earning growth and cost savings. One key information that all shareholders should keep in mind when making decision is synergies. As shown in the calculation above, synergies account for a large part of the benefit side of the acquisition. If shareholders vote for this deal, they are making a big bet on the creation of synergies between the two companies. If synergies cannot be created between the two companies, no value will be created for the shareholders. Exhibit 1: Payoff Diagram for the Contingent Payment (Clawback) Payoff $38 $42. 55Stock Price

Tuesday, January 21, 2020

life :: essays research papers

I felt the warmth of my mother’s hands on my soft skin while she held my face. Her soft voice whispered in my ear â€Å"good night†. It was a cold winter night after Christmas as my mother tucked me in to bed, like she always had. After telling me good night her lips hit my cheek to give me the last kiss she ever would. As she walked out, I told her â€Å"I love you with all my heart and always will.†   Ã‚  Ã‚  Ã‚  Ã‚  In the, morning the warmth of the sun hit my face and woke me up like any other morning, but something was different, something just wasn’t right. I lay in my warm bed, trying to ascertain why I wasn’t feeling right. I jumped out of bed and woke my little brother up to go eat breakfast. As we walked down the hall, I heard my dad pouring a cup of hot coffee. â€Å"Daddy is mom still sleeping,† I asked. Mom will be gone for a while but baby, don’t worry he told my brother and me in a sad voice. We will be just fine. I didn’t understand why my mom would be gone though. I asked myself â€Å" will she ever come back?†   Ã‚  Ã‚  Ã‚  Ã‚  Seven years have gone by and still my mom is gone, and my life has changed more than I thought it would. â€Å" Jess, get Drew’s clothes ready for school tomorrow,† my dad would admonish me every night before going to bed. Making sure my brother would be ready for school every morning, making sure he ate breakfast before he left for school, and making sure his homework was done everyday was what my mother used to do every morning and day; but now she is gone. Now that she is gone I have to take that place.   Ã‚  Ã‚  Ã‚  Ã‚  Now that I am the only lady in the house, I have to be the mother. No more going out on Friday nights with my friends, no more doing whatever I want. Every Friday, my friends would go out to the movies, and have fun without me. I had to stay home and make sure everything was right for my family. Now I have responsibilities like my brother who is now like my son. He thinks of me as not only a sister but a mother too. When you hear an eight year old boy call you mom and you are as young as me, it’s the scariest feeling you can have.

Sunday, January 12, 2020

Dishonesty in Hamlet Essay

â€Å"Many critics have suggested Hamlet chronicles the perils of life within a largely false and dishonest world. To what extent has this been your experience of Shakespeare’s play?† The world we currently know has experienced many stages and eras such as the Renaissance era and the New World Era. In each of these eras, falsehood, dishonesty, deceit and revenge all seem to grow rich, however remorse and guilt grow poor. Like a domino effect, with all this tremendous falsehood come fatal and destructive dangers in life. Whether it be due to the risks of overthinking, or perhaps the risks of taking action, they seem to grow exponentially with time. William Shakespeare portrays evidently this changing world and it’s forever increasing perils of deceit throughout the play Hamlet, representing the aftermath of lying and its effects on everything around us, specifically the Great Chain of Being and Nature itself. The world the audience is shown as they enter Hamlet is stuck in a phase between the Renaissance and New World Era. The men of the Renaissance era were warriors and put trust in themselves, whereas in the New World, more men are thinkers as they have lost a sense of existential trust. This transition is essentially portrayed in the allusion to the story of the Helen of Troy, recited by Hamlet himself in Act 2 Scene 2 where Pyrrhus, a son who vows to avenge his dead father, seeks revenge on his murderer, Priam. Pyrrhus goes on to slay Priam, but before doing so, â€Å"like a neutral to his will and matter [does] nothing†. However after this pause, he is able to follow through with his mission. Pyrrhus hence portrays a true warrior. Similarly, we see in Act 3 scene 3, Hamlet following in Pyrrhus’ legacy to avenge his father, however there is a detrimental difference in Hamlet’s methods. Hamlet, being a thinker from the new world, pauses before striking King Claudius, however he does what Pyrrhus would not dare do – think. Essentially, Hamlet changes what should have occurred, and in turn causes a ripple effect where Polonius, Ophelia, Gertrude, Rosencrantz, etc. all die. This ultimately demonstrates how Shakespeare intends to chronicle how as the world changes and becomes less trusting with one’s self, the perils of overthinking life become more and more real and indeed cause the perils of death. All this change in the world and the ever-increasing deceit add up and cause a significant rupture and destruction of the Great Chain Of Being (GCOB). Where a king should be a descendant of the original king, instead of Hamlet becoming king, Claudius takes his position. Claudius’ crown is an extensive metaphor for a mask he wears in which it makes himself feel much more evocative and powerful, something he is not. Throughout the entire play, Claudius’ life is ultimately an existential lie. Portrayed through a metaphor used in Hamlet’s conversation with Rosencrantz and Guildenstern in Act 2 Scene 2 that â€Å"Denmark’s a prison†, Shakespeare suggests that the city has spiralled into destruction, violence and unlawful sins. Also with the use of the metaphysical appearances of the ghost of Old Hamlet in multiple scenes, the audience is brought to conclude that the dishonesty of King Claudius has inflicted disruption to each and every person in Denmark. Hamlet tells the story of a real life Machiavel and how his villainous actions cause downfall and havoc to all life in Denmark. Ultimately, the anecdote of King Claudius is used to represent how one’s dishonesty to himself, and to everyone around him, create dangers to not only himself, but to nature and society itself. The idea that lies and deceit cause disturbances to every person’s lives is further enhanced by the use of structure in Hamlet. In almost every scene in which lies are being told (such as Act 2 scene 2 where Hamlet insults Polonius with his lies and where Rosencrantz and Guildenstern attempt to lie to Hamlet, and again in Act 3 Scene 2 where Hamlet teaches the players how to act or, in other words, lie, and so forth) the structure changes from Shakespeare’s famous iambic pentameter, to structure less speech. This use of transitory structures is Shakespeare’s method of metaphors to demonstrate that as people become more and more dishonest, they begin to destroy the unadulterated harmony of life and how its sequences should play out, pushing it into madness and confusion. Shakespeare attempts to portray to his audience his idea that the more lies and dishonesty, the more the perils of causing death and destroying the true sequence of events that are meant to be followed, falling back on the idea of disturbances of the GCOB. An old myth states that if you keep making faces as the wind changes, your face will remain that way. Analysing this further, if you wear a mask in many different situations, you soon begin to wear that mask forever. Shakespeare alludes to this myth in Act 2 Scene 2 where Hamlet says he is â€Å"but mad north-north-west† but â€Å"when the wind is southerly, [he] know[s] a hawk from a handsaw†. In Act 1 Scene 5, Hamlet states how he will â€Å"put on an antic disposition†, in other words put on a metaphorical mask whenever he is around those he does not trust. Shakespeare’s allusion to the myth suggests that if Hamlet continues to act like someone he is not, he will remain that way – he will remain to be crazy. Essentially, Hamlet’s dishonesty with himself and with those around him foreshadows his downfall, and, ultimately, his death. By alluding to the myth in one scene, and portraying how Hamlet is indeed wearing this mask as the wind changes in another scene, it can be extracted that Shakespeare intended to show a developing story of the dangers of lying and wearing masks to cover up the truth. If in your own world, you must lie to yourself, and continuously lie and deceive yourself, indeed you will remain that way, and henceforth lead on to much more fatal things such as becoming permanently insane. This notion of wearing masks to cover up one’s true identity is evident throughout the course of Hamlet. It is again seen where Polonius hides himself behind an arras in Act 3 Scene 4, spying on Hamlet and his mother’s conversation. Essentially, Polonius’ choice to hide behind an arras and lead himself into dishonesty unravels and causes him to be accidentally murdered. The demonstration of the consequences of lying and deceiving is genuinely strong here, where it does not lead to simply madness nor pain, but the worst punishment of our current world – death. This irreversible consequence demonstrates the desperation of Shakespeare to get his message across that with lying and dishonesty, there is a chain reaction and it may possibly lead to death, ultimately the greatest peril of life. There is a specific order in which the world works, and when one lies, or deceives those around them, indeed they denature the destined sequence of events in life. In doing so they form a sense of confusion and cause even more dishonesty with everyone around them. In conjunction with the above, it is overly simplistic to conclude that William Shakespeare depicts the ever-increasing dishonesty and deceitfulness throughout Hamlet and in turn successfully and evidently chronicles the consequences and aftermath of these sinful actions.

Saturday, January 4, 2020

Behind The Deception Created By Apple s Claim Essay

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