Wednesday, August 26, 2020
Billie Holiday and her influence on Jazz Essay Example | Topics and Well Written Essays - 750 words
Billie Holiday and her effect on Jazz - Essay Example The manner in which she sang was totally new to the class of Jazz around then and her commitments are still trailed by Jazz artists in todayââ¬â¢s timeframe. There are a few legends and fantasies seeing the individual just as her life as an artist. Despite the fact that she was encircled with a few embarrassments and was in a difficult situation for a significant segment of her life, he beneficial encounters turned into the genuine motivation of her music. The enormous measure of commitments she made to Jazz music can never be overlooked. She can undoubtedly be said to have been the person who made significant changes to the way Jazz music was being worked on during her time. On the off chance that a review of present day Jazz history is led, the overview would demonstrate that the Jazz music that is knowledgeable about current occasions was her advancement. At the point when she began rehearsing jazz music, there were not really any jazz artists who were customizing their own tunes. There were just a couple of vocalists at her time who were singing unique in relation to rest of the artists. These artists were not a piece of the Jazz musi c industry. These artists were illustrative of the Blues type of music. One of these vocalists was Bessie Smith who alongside another extraordinary Jazz artist and trumpeter named Louis Armstrong impacted Billie Holidayââ¬â¢s Jazz music (Henderson 295). During her initial life she was singing the greater part of the melodies that were very mainstream. She discovered this type of music very dreary and she began trying different things with her music. During her analyses she modified both the tune just as the mood of the tunes. To make her own music, she began stating music according to the beat and she even included various harmonies that were played by a portion of her undisputed top choice horn players including Louis Armstrong (Henderson 295). This blend of music and experimentation brought about the improvement of music that was viewed as supernatural. Current Jazz artists utilize their own vocals as instruments for tunes.
Saturday, August 22, 2020
Postal Rule Essay Example
Postal Rule Essay Wajid, a handyman, has a cell phone contract with Telecom until 31st October. He has likewise had dealings with telephone organizations Webphone and Savaphone, with the end goal of getting a less expensive telephone contract somewhere else. The present date is seventh October. Wajid has an issue in the region of understanding concerning the three agreements he has looked for guidance on. Understanding is the gathering of psyches or activities of the gatherings to concur on an agreement, inside which are two segments, offer and acknowledgment. Both offer and acknowledgment are basic for the arrangement of a substantial and restricting agreement, so each issue Wajid has should be seen in these terms to examine whether he is bound to any agreements or not. Exclusively each agreement, or potential agreement, will be talked about to choose whether Wajid has a coupling contract with any of the three organizations which he has managed. Telecom Wajid at present has a telephone contract with Telecom, which is expected to terminate on 31st October. He got a letter from them on first October, disclosing to him that his agreement will consequently be recharged except if they get notification from him before the finish of his present agreement. Concerning acknowledgment. For an agreement to be legitimate there must be an offer and an acknowledgment. A substantial acknowledgment must consent to all points of interest in the offer, else it turns into a counter-offer. All terms and conditions must be met all together for an acknowledgment to be legitimate. See Neale v Merritt (1930), where an offer specified full installment on acknowledgment. We will compose a custom exposition test on Postal Rule explicitly for you for just $16.38 $13.9/page Request now We will compose a custom paper test on Postal Rule explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom paper test on Postal Rule explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer The respondent indicated to acknowledge the offer and encase part installment, and a guarantee to pay the rest in portions. This was considered in court to not be a genuine acknowledgment, and the agreement proclaimed void. Offers, except if expressed something else, can be imparted either recorded as a hard copy, orally or by direct. Wajid would expand his agreement with Telecom on first November by lead, as he would not have educated them that he no longer wishes to have an agreement with them, in any case, given the present date is still just seventh October, he has not gone into this new agreement yet. Wajid doesn't have a coupling contract with Telecom separated from that which he is reaching the finish of. Except if the 31st October passes and he has not imparted to them his desire to end his agreement, at that point he won't have a coupling contract with them, just the agreement which he as of now has, which is arriving at its end. Savaphone On second October Wajid called Savaphone, and was provided a cost estimate less expensive than that of Telecom. He said on the telephone that hed join and the sales rep conveyed the structures for him to sign, which Wajid got on the fourth, marked and quickly posted back on his approach to work. Regarding offer. An offer is made where an individual (offeror) unequivocally communicates to another (offeree) his eagerness to settle on an official concession to the terms determined by him in the event that they are acknowledged by the offeree. An offer might be made to a particular individual, a gathering of individuals or the world on the loose. A proposal to a particular individual can't be acknowledged by anybody aside from that individual. According to greeting to treat. Greeting to treat isn't an offer, and its acknowledgment doesn't comprise the arrangement of an agreement. There are numerous situations where solicitations a misinterpreted as offers. For instance a shop showing merchandise available to be purchased with a sticker price appended, they are not obliged to sell at that cost, and it is just an encouragement to purchase the items, not an offer, see Fisher v Bell (1966) and Partridge v Crittendon (1968). Wajid got a challenge to treat on the telephone from Savaphone, so doesn't comprise a coupling contract. Be that as it may, when he gets the conventional offer letter in the post, signs it and posts it back, he has acknowledged a proposal from Savaphone. Regarding Postal Rule. The postal guideline is that, where acknowledgment by post has been mentioned or where it is a proper and sensible methods for correspondence between the gatherings, at that point acknowledgment is finished promptly the letter has been posted, see Adams v Lindsell (1818) and Household fire protection co v Grant (1879). The utilization of the postal guideline necessitates that the letter of acknowledgment has been posted, tended to and stepped appropriately; see Re London and Northern Bank (1900) and Getreideimport GmbH v Contimar (1953). The postal guideline doesn't have any significant bearing where the methods for correspondence are momentary (oral, phone, wire, fax, email) where the express or suggested terms of the offer bar the postal principle. See Holwell Securities v Hughes, CA, 1974 where it is preposterous to utilize the post or where the use of the standard would deliver a show preposterousness, see Holwell Securities v Hughes, CA, 1974. Wajid has a coupling contract with Savaphone, in light of the fact that the postal standard expresses that when a letter of acknowledgment has been posted, at that point acknowledgment is finished and an agreement is official. As to Wajid leaving a phone message expressing he no longer needs an agreement with them, in the wake of reaching Webphone, the postal guideline expresses that where the standard applies, an offeree who has posted his acknowledgment isn't permitted to deny it by some faster methods for correspondence, for this situation by telephone, see Dunmore v Alexander (1830). Wajid has a coupling contract with Savaphone, as of fourth October, because of the impact of the postal standard, and that he was not permitted to repudiate the standard and acknowledgment by leaving an answer telephone message with Savaphone. Webphone The Webphone case depends on whether an offer has been made and acknowledged. By tapping on the web prompts, Wajid had not gone into an agreement with Webphone. The site gave a challenge to treat, which Wajid acknowledged, which would prompt the proper offer letter being sent to him, like what occurred with Savaphone. In any case, by the sixth October Wajid had not gotten the structures from Webphone, and the organization had understood that they had made a blunder on the site, that they had been offering an off-base cost (excessively low). After Wajid reached them by means of email, they answered welcoming him to exploit the right cost for an agreement. Wajid had not acknowledged a proposal at a lower cost, as Webphone had understood their mistake before conveying the official offer archives, so he has no coupling agreement with Webphone by any stretch of the imagination, at the right or lower cost. Wajid could have guaranteed an instance of Negligence through regular error from Webphone, at the same time, utilizing Smith v Eric S Bush (1990), the case offered ascend to giving the litigants appropriate time to recognize the mistake and amend it, which Webphone did for this situation. Just on the off chance that Webphone had conveyed the archives with the lower cost and, at that point withdrew the lower cost, would they be at risk for careless charges against them. Wajid has no coupling agreement with Webphone. When searching for a solution for this issue, a diagram of Wajids circumstance is required. He has an agreement with Telecom which lapses on 31st October however will consequently restore on first November except if he gets in touch with them to drop. He has a coupling contract with Savaphone in light of the fact that he has marked and posted his acknowledgment of their offer, and on seventh October has gotten affirmation of his new cell phone contract with them. Wajid has no coupling agreement with Webphone, as they amended their mistake and sent no official reports for him to sign. It appears that Wajid currently must choose the option to stay with the Savaphone agreement to which he is presently bound to, which is less expensive than that of Telecom. He should drop his Telecom contract before his time runs out, and stay with the Savaphone bargain. He need have no more dealings with Webphone on the grounds that he has no coupling agreement with them. Wajid will be left with one cell phone contract, which is less expensive than that which he initially had, so is in an ideal situation now than previously. He need not seek after any court procedures for his cell phone contracts, as he would not have an argument against any of them. Guidance to Wajid would in this way be to stay with his currently restricting Savaphone contract. List of sources Law for Accountancy understudies seventh version; Richard Card Jennifer James; Butterworths distributers 2002
Friday, August 21, 2020
Straus Historical Society Scholarship COLUMBIA UNIVERSITY - SIPA Admissions Blog
Straus Historical Society Scholarship COLUMBIA UNIVERSITY - SIPA Admissions Blog The SIPA Office of Financial Aid is pleased to announce that SIPA is one of the few schools whose students have been selected to apply for a scholarship from the Straus Historical Society. This scholarship will be awarded for the fall 2019 semester and supports students whose professional goal is in the field of public service. $5,000 will be awarded to a qualified student who has been accepted to or is currently enrolled in a program leading to such a career. Applicants must be U.S. citizens. The award will be based on academic achievement as well as an essay of 500 -1000 words that describes a social problem the applicant considers important and offers ideas on steps that might be taken to meet that problem. Visit their website for more information. The application deadline is January 31, 2019. A transcript must accompany the application; applicants who have yet to enroll at Columbia or whose fall 2018 grades will not be complete by the time of the application may alternately submit a copy of their undergraduate transcript.
Straus Historical Society Scholarship COLUMBIA UNIVERSITY - SIPA Admissions Blog
Straus Historical Society Scholarship COLUMBIA UNIVERSITY - SIPA Admissions Blog The SIPA Office of Financial Aid is pleased to announce that SIPA is one of the few schools whose students have been selected to apply for a scholarship from the Straus Historical Society. This scholarship will be awarded for the fall 2019 semester and supports students whose professional goal is in the field of public service. $5,000 will be awarded to a qualified student who has been accepted to or is currently enrolled in a program leading to such a career. Applicants must be U.S. citizens. The award will be based on academic achievement as well as an essay of 500 -1000 words that describes a social problem the applicant considers important and offers ideas on steps that might be taken to meet that problem. Visit their website for more information. The application deadline is January 31, 2019. A transcript must accompany the application; applicants who have yet to enroll at Columbia or whose fall 2018 grades will not be complete by the time of the application may alternately submit a copy of their undergraduate transcript.
Sunday, May 24, 2020
Language Is Used For Social And Cultural Communication
Oral Language: Language is used for social and cultural communication. Students enter school with a language base (standard or non-standard English) that teachers must build on. Oral language communication is deeply rooted in learning to read and write. Oral language development lays the foundation for studentsââ¬â¢ development of phonological awareness skills. Teachers can build literacy experiences around studentsââ¬â¢ language skills. Teaching Tips Rich teacher talk: during reading and writing teachers used a variety of uncommon words to build studentsââ¬â¢ listening vocabulary. Teachers extend childrenââ¬â¢s comments to be more descriptive and grammatically correct. Teachers should listen and respond to all comments students make during literacy interactions. Story book reading: Read stories, poems and information books during whole and small group. Teachers support students learning through discussion before, during and after reading. Teachers use repeated reading of favorite books to build on students retelling and memory. Alphabet Knowledge: Studentsââ¬â¢ understanding that written spelling represents spoken word is crucial to beginning reading attainment. Learning the letters of the alphabet requires many meaningful experiences with written language. Teachers should begin teaching alphabet letters using environmental print and childrenââ¬â¢sââ¬â¢ names. Although some letters should not be taught together, children donââ¬â¢t learn letters of the alphabet in any particular order or by drillingShow MoreRelatedEssay on Nonverbal Communication: A Notion to Motion1393 Words à |à 6 Pagesunpretentious hello are all forms of communication. While it is essential to the coexistence of the human race, communication is the one thing that is common amongst people of all cultures. Crapo (2013) explained that communication is transference of a philosophies and information from one person to another by ones actions, gestures, and words (Human communication, para.1). Although people use different avenu es to express their thoughts and ideas, intercultural communication can be misconstrued when learningRead MoreFactors That Influence Communication And The Strategies1262 Words à |à 6 PagesFactors that influence communication and the strategies to overcome them. Communication is a two way process which two individuals participate in in-order to understand the view point and ideas of each other. ââ¬Å"Communication is a cycle because when two people communicate they need to check that their ideas have been understoodâ⬠. (Health and Social Care L3 book 1, page 18) This process however doesnââ¬â¢t always go accordingly, which then leads to barriers arising. Interpersonal interaction is theRead MoreNon-Verbal Communication and Inter-Cultural Communication Essay1249 Words à |à 5 Pages Nonverbal communication is defined as the approach of conveying information and data by using speech, visuals, signs , behavior etc. Approximately 65% of the communication takes place through nonverbal attributes. Generally communication takes place with three steps. FIRST Is the thought or idea that comes in the mind of the sender. SECOND is the encoding which means sending message to the receiver in a particular gesture or sign or via a particular medium. THIRD is decoding of message which meansRead MoreLanguage And Development Of Speech And Communication888 Words à |à 4 PagesLanguage has evolved over thousands of years from the beginning of mankind. Basic language evolved through the need to communicate with each other, yet language is more than communication; it is the primary method by which we do things together. It is language which separates us from all other species. Language can be cognitive; a thought process or a set of guidelines; it can be material; physical languag e such as newspapers, or audio books; and it can be social. (Gee Hayes, 2011). It is theRead MoreBuilingualism and Multibilingualism: John Edwards, 800 Words à |à 3 Pagesthe particular professional niche, ability to adapt to new phenomena, personal need of changes and cooperation at the international level. This creates a social order for professionals, who are having a high level of bilingual competence and ability to communicate in a complex multicultural social space. Bilingualism became an indispensable social quality of a modern specialist, one the attributes of his image, contributing the formation of certain personality traits, such as sociability, toleranceRead More Problems In Intercultural Communication Essay1542 Words à |à 7 PagesProblems In Intercultural Communication Humans have been communicating since four million years. On the other hand, the birth of culture is estimated to have taken place about 35,000 years ago. Today, both culture and communication have evolved considerably and have become interdependent of one another, to the point that communication is considered to be a product of culture. Thus, our own culture has a deep impact on our thoughts and behaviors. Since each culture has its distinct aspects,Read MoreThe Communication Approaches That The Nurse For Individuals Who Do Not Speak English As Their Primary Language795 Words à |à 4 Pagesprimary language. Inability to communicate with a patient that does not speak English is inconvenient and frustrating and it compromises care. Patient care and patient safety can be compromised if the nurse giving nursing care to persons who do not speak English as their primary language. 2. Describe four communication approaches that the nurse can use to give culturally appropriate care. Social justice: Professional nurses shall promote social justice for all. The applied principles of social justiceRead MoreLanguage And Cultural Identity Essay958 Words à |à 4 PagesHow language is important in Maintaining cultural identity Over the last few decades, the relationship between language and cultural identities have become a preferred topic in learning the importance of language in maintaining cultural identity. The question that keeps popping up concerns, the role of language in keeping these social aspects. For instance, how language is important in maintaining cultural identity when people migrate from one nation to another. Perhaps, when people immigrate toRead MoreEssay about Intercultural Communication Barriers1559 Words à |à 7 Pagesculture and communication have evolved considerably and have become interdependent of one another, to the point that communication is considered to be a product of culture. Thus, our own culture has a deep impact on our thoughts and behaviors. Since each culture has its distinct aspects, intercultural communication can be the cause of conflict and disorder. There are three main issues which are at the root of the problem of intercultural miscommunication : language as a barrier, cultural diversityRead MoreHow Language Can Be Defined As An Educational Environment? Essay1613 Words à |à 7 PagesLanguage may be defined as a verbal and/or visual method of communication with which information is disseminated, and meaning is constructed. Going beyond speech, language is a diverse system encompassing written word, symbols and signs. Whilst this diversity suggests there is no ââ¬Å"proper Englishâ⬠the term ââ¬Å"standardâ⬠language can be applied to the discourse that is most common in an educational environment. Australian schools have traditionally measured success in reading and writing against this
Thursday, May 14, 2020
Artificial Intelligence in Daily Life - 738 Words
Since the advent of computing both scholars and writers have hypothesized about what might happen if machines evolved to the point that they became sentient. As computing became more and more complex and memory and advances in computer chip technology increased, the study of artificial intelligence and the idea of what might be possible for computers has also undergone a dramatic evolution. In fact, many contemporary computing applications at home, in vehicles, and in business already use Artificial Intelligence (AI) as a basis for many operations. Many of todays machines are designed to perform a specific task and function. Modern manufacturing has advanced because of robotics, and certainly this has dramatically changed the way the world works. Now, we move into a different future, one in which computers can self-replicate teach themselves and adapt to different conditions. In fact, the more complex they become, the more we will need them to repair and maintain themselves. Of cours e, there remains fear that once they reach a position of sentience, they will have no further need for human kind. However, long generational space exploration, or exploration into hostile environments for humans can easily be accomplished by robots, contributing to the betterment of humankind (Greenmeire, 2008). Despite the popular motion picture view of AI; from HAL in 2001: A Space Odyssey to Robin Williams in Bicentennial Man, the concept of AI can be defined in a number of ways. If we useShow MoreRelatedEssay On Artificial Intelligence738 Words à |à 3 PagesArtificial intelligence is a beneficial form of technology used daily by humans around the world, and is widespread across society. It is used in almost every field of our lives, from our phones, to our food, and is devoted to making our day-to-day life easier. However, there is much debate worldwide about whether this technology is truly beneficial or not for society, as some choose to believe that it is doing more harm than good. Artificial intelligence (AI) is usually defined as the scienceRead MoreHistory And Development Of Artificial Intelligence1507 Words à |à 7 Pagestechnology-based society as ours, artificial intelligence is becoming an important part of our daily lives. This research paper will explore the history and development of artificial intelligence, the places we can encounter them, the future they hold and the ethical dilemmas around this new technology. Although there was not a lot of technology in the 1950s, the idea of artificial intelligence, named by McCarthy, arose. The first form of artificial intelligence was a program with the ability toRead MoreDisadvantages Of Artificial Intelligence909 Words à |à 4 Pagesconstantly changing lives easier. However, as we advance in society, controversies start up on the right and wrongs of how our mechanics or robots develop, specifically Artificial Intelligence robots. Artificial intelligence is the ability to understand how to control motion and responses based upon experience. Artificial intelligence in robots are based on human traits such as reasoning, knowledge, planning, learning, communication, perception, and movement and manipulation of objects.As of now, ourRead MoreComputer Science And Artificial Intelligence901 Words à |à 4 PagesScience and Artificial Intelligenceâ⬠by the National Research council staff, and published by National Academies Press, they talk about th e importance of Artificial intelligence in the department of defense, especially in this day and age. They talk about how AI could help increase national security while reducing the risk for humans in hostile environments (ch.2 pg. 14). Along with that, it states that if we could advance far enough, the goal is to entirely replace the need to risk human life or injuryRead MoreEssay On Artificial Intelligence1470 Words à |à 6 PagesArtificial Intelligence, an acronym for AI. It is a new technical science in the research and development of intelligent theories, methods, techniques and applications for the simulation, extension and expansion of human beings. In my vision of the artificial intelligence in the future, artificial intelligence can not only manage the daily life of people, but also can become one of the family members to the human beings, and enjoy the same equal human rights. Even we can embed the mind of diedRead MoreThe Invention Of Artificial Intelligence1668 Words à |à 7 PagesIn our lives today, we all use some form of Artificial Intelligence daily. Some of these activities include: using cellular apps (Google Maps, Siri, Cortana), playing video games, and listening to music. Although the use of Artificial Intelligence has made human life more efficient and effective, it has also insinuated reliance and unsuspecting ignorance into our minds as well, and we do not even see it coming. The history of Artificial Intelligence dates back to the 1950s. Approximately fourteenRead MoreSample Resume : Artificial Intelligence765 Words à |à 4 Pagesapplying for admission to the Ph.D. programme in Artificial Intelligence. I have a background in computing at both B.Sc. and MSc. levels and due to the projection of emerging technologies and how everything is tilted towards Artificial Intelligence: I want a career in the field. Particularly, as Artificial Intelligence is one of the main research areas in Computer Science and how it will help me expand my knowledge scope and expertise in: web intelligence; intelligent interactive systems; human-robotRead MoreWarehouse Management Systems : AI And Cloud-Based Within WMS1255 Words à |à 6 Pageseffectively, people create the Warehouse Management System (WMS) that I believe it could only do the simplest thing like tracking the storage locations at first. For now, majority of the large companies rely on the WMS to support and manage their daily organizing, planning, moving, storing, and controlling the utilization of the resources, materials, and products in the warehouses and distribution centers with technology supports. The WMS, a part of Enterprise Resource Planning (ERP), actually becomesRead MoreThe Future Of Artificial Intelligence1020 Words à |à 5 PagesName: Kareem Toluwalope Student ID: B00781950 The Possible Future Of Artificial Intelligence (AI) Artificial Intelligence is the process of humanizing machines. Artificial Intelligence has a lot of benefits and disadvantages, which would increase in the coming years. Artificial Intelligence would be beneficial to humans because we have a lot to improve upon in our society. Artificial Intelligence would be a great asset, but it should be treated with caution. Machines with AI could be used in medicalRead MoreThe Effects Of Artificial Intelligence On Our Lives1326 Words à |à 6 PagesArtificial Intelligence in Our Daily Life AI, or artificial intelligence, is the automation of human processes by means of machine learning, often done by computer systems. These processes include acquisition of complex information and a set rules bound to conclude a reasoning or approximate conclusions. Applications of AI includes expert systems, speech recognition, and machine vision. Goals To discuss the impact of artificial intelligence in our lives and provide a specific set of examples
Wednesday, May 6, 2020
A Prayer For A Deceased s Easy Passing Essay - 855 Words
Science, being based on facts has influenced my personal views on the meaning of death in addition to the belief in God and the powers that be. Being raised Christian and receiving the necessary sacraments as a Catholic, has taught me the power and comfort of prayer. Positive thoughts and prayer are always beneficial in all situations. Saying a prayer for a deceasedââ¬â¢s easy passing is something I believe is necessary. This is something I practice to give comfort and assistance to the soul on its journey into the unknown. I always say a prayer for all deaths that I am aware of, even those people and animals I do not know. To me, the meaning of death is the end of this earthly life, not the end of the soulââ¬â¢s existence. Although, Christian teachings speak of an afterlife and the soulââ¬â¢s destination of heaven, hell or purgatory, there is no scientific proof. The unknown is just that, unknown. As scientific law states; the only constant thing is change. As a m ature adult, death means change and uncertainty to me. The first person that died in my life was my biological father at the age of three. I have no recollection of him or of his death. The first deceased person I encountered was my stepfatherââ¬â¢s mother between the age of four and five. The memories I have of the event were flashes of her lying in an open casket dressed in black with lace and thinking that she was sleeping. The first time I experienced actual bereavement from death was from the loss of myShow MoreRelatedend of life Essay6150 Words à |à 25 Pagesinclude the following: .Their religious needs faith how they wish these to be respected .medical interventions treatments which the service user would or would not prefer during their end of life care. .religious matters in relation to diet, prayer worship routines .the provisions that should be made to ensure that individuals service users can carry out any rituals or religious practices including praying,anointing with oils,periods of fasting of self denial, special diets etc. .the arrangementsRead MoreAncient Eastern Thought and the Old Testament Essay10692 Words à |à 43 Pagespractices more clearly then law collections might. Walton briefly describes a few of these documents. Hymns and Prayer The gods of the ancient Near East had to be served, cared for, and praised. Texts that recorded communication including prayer and praise demonstrate attitudes, belief, and expectations regarding the gods. Walton briefly describes Sumerian, Akkadian, Egyptian, and Hittite prayer and hymns. Wisdom Literature Several categories of wisdom literature include proverbs, instructions, admonitionsRead MoreJohn Ruskin Work10142 Words à |à 41 Pagesabolished. Men will be taught that an existence of play, sustained by the blood of other creatures, is a good existence for gnats and sucking fish; but not for men: that neither days, nor lives, can be made holy by doing nothing in them: that the best prayer at the beginning of a day is that we may not lose its moments; and the best grace before meat, the consciousness that we have justly earned our dinner. And when we have this much of plain Christianity preached to us again, and enough respect whatRead MoreSda Manual Essay101191 Words à |à 405 Pagesthe Sabbath Worship Hour ................................ 80 Form of Service ........................................................................ 80 Announcements ........................................................................ 80 Public Prayer ........................................... ................................ 81 Communion Service ...................................................................... 81 Ordinance of Foot-Washing .................................................Read MoreMarriage and Cohabitation13809 Words à |à 56 Pagesperformed in a Latter Day Saint temple. 5. CHILD MARRIAGE: A practice in which the parents of two small children (even infants) arrange a future marriage. 6. CHINESE GHOST MARRIAGE/SPIRIT MARRIAGE: A marriage where one or both parties are deceased. 7. COMMON-LAW MARRIAGE: A form of interpersonal status that is legally recognized in some jurisdictions as a marriage even though no legally recognized marriage ceremony is performed or civil marriage contract is entered into or the marriageRead MoreLangston Hughes Research Paper25309 Words à |à 102 Pagesoveralls in a big black kettle behind the house and hung them out to dry. Then he leisurely smoked his pipe in the grape arbor. Auntie Reed introduced Langston to the evangelistic Christian experience. The preachers emotionally charged sermons and prayers begged sinners to give their hearts and lives to Jesus Christ. The congregation shouted responses and sang hymns with such enthusiasm that the walls of the church seemed to vibrate. Langston was awed by the spectacle. He wanted to experience salvationRead MoreDeveloping Management Skills404131 Words à |à 1617 Pagesbuilt-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Kim S. Cameron UNIVERSITY OF MICHIGAN Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul SingaporeRead MoreIgbo Dictionary129408 Words à |à 518 Pagesnot confirm. At a later date, after his transfer to Umuahia, he added further words which are not necessarily correct in Onitsha; these are the red ink entries in the MS. At first glance, I thought the publication of this MS would be comparatively easy. The obvious course seemed to be to re-transcribe it from the Old orthography into the Official orthography, check and where necessary re-write the tones4 and eliminate any forms which were found to be not in current use in Onitsha. The major difficultyRead MoreLogical Reasoning189930 Words à |à 760 Pagesthat the consequences will occur. 23 C H A P T E R 2 Claims, Issues, and Arguments E very argument contains at least one intended conclusion plus one or more supporting reasons, called premises. However, in some passages it is not easy to tell whether an argument occurs at all, nor what the premises and conclusion of an argument really are, nor how other arguments in the passage are related to that argument. This chapter explores that understatement. It begins with an introduction
Tuesday, May 5, 2020
Corporation Act Fame Decorators Agencies
Question: Describe about the Corporation Act for Fame Decorators Agencies. Answer: Issue The Fame Decorators Agencies Pty Ltd. v Jeffries Industries Limited and others, is the case of 1998 which was brought before the Court by the Fame Decorators Agencies Pty Limited. This case is all about the contravention of the section 955 and 998 of the Corporation Act 2001. Jeffries being a public company is listed on the stock exchange. Mr. J F O'Halloran was the Chairman of the directors of the Jeffries who now controls the business affairs of the Fame. Fame always has held shares in Jeffries. Fame wanted to convert the preference shares of the shares they hold in Jeffries. The date of conversion of such shares was February 4th 1999. The shares can be converted in certain circumstances which have been provided in the Association of Articles of Jeffries. The shareholders holding converting preference shares have the right to move the date of conversion in respect to some preference shareholders if the Jeffries failed to repay the specific dividend on a certain date. The number of ordinary shares to be allotted after the conversion of a preference shares to be determined by the way of a certain formula. The one of the ingredient of that particular formula was the average price of sale of fully paid shares, i.e., ordinary shares in Jeffries which was to be sold on the stock exchange in between the twenty days before the date of conversion. If the selling price of the ordinary shares is lower than the average selling price, more numbers of ordinary shares would be allotted to an individual preference shareholder after conversion. Mr. OHalloran came to know on 27th April that the directors of Jeffries have announced that no dividend would be paid for the conversion of the preference shares for the time which ends on the 30 April 1995 which was a Sunday. This would lead to setting of the motion for accelerating the provisions for the conversion. There were frequent sales of shares in Jeffries. Mr. OHalloran has contacted his stockbroker to discuss about the sale of shares in Jeffries by Fame. They both came to the conclusion that the conversion of shares will give advantage to fame. Mr. Powell, the stock broker of Mr. OHalloran has informed him about the details of the different offers to buy shares. The lowest price bid of the shares was on 9th March 1995 in the system, where there were 250,000 shares at the rate of 13c per share. Fame has to accept those bids according to the sequence if it wants to sell Jeffries shares. Further, Mr. OHalloran and his stock broker Mr. Powell had a discussion about conversion where it was agreed by both of them that if there will be no change in the market, instruction will be given to Mr. Powell to sell 170,000 shares in Jeffries at the price of 13c per share before the market gets close. Thereafter Mr. OHalloran gave a telephonic instruction to sell the same. Fame had accepted the outstanding offers of buying share in Jeffries and also agreed to buy 74,000 shares in Jeffries at the rate of 13c. The Cameron Securities had provided an offer of buying 20,000 shares at the rate of 14c per share. The evidence which has been given Mr. Cameron is that the market price of the shares when the bid has been placed by him was at the rate of 35c per share. James Capel had given an offer for buying 250,000 shares of Jeffries at the rate of 13c per share, but there was no evidence given by any member of that particular organization. Rule In this case Cohen J found that the two share transactions, which was the sales of shares in Jeffries Industries Limited, is contravening sec 995 and sec.998 of the Corporation Act 2001. In the appeal before the Court, Fame being the appellant challenge the findings of the lower court and ask the court to set aside the declarations. But the respondent, ASC by way of cross-appeal said that the lower court has not gone further with the findings. Fame has also made sales of other shares on the same day as of Jeffries which is also contravening the Sec. 995 and 998 of the Corporation Act. Still ASC supports the findings of the lower court and asks this court to maintain and consider the declaration made by the lower court (austlii.edu, 2001). The cross-appeal has not been taken into considerations as the legal issues concerning to the appeal made by Fame is sufficient enough to consider the declaration of the lower court and dismiss the appeal (legislation gov, 2013). Application This case is all about the contravention of the sec. 995 and 998 of the Corporation Act. Sec.995 of the said Act states that a person should not get into any kind of dealings in securities and not limiting the general statement of not entering in dealing of any kind of securities, should not issue any shares or securities. He is expected not to publish any notice related to any securities or any appraisal of the securities or should not recommend any offer to bid which has been already taken over. The person is also bound not to make any negotiation in respect of the trading of the shares or make any arrangement of issuing or allotting of shares or any other securities to the general public or publish any report or notice in recommendation of any security. Because any such act will be considered as a conduct done in order to mislead. The person contravening this section is not guilty of any offence. In the case mentioned above, Mr. OHalloran has been engaged in all the acts which are contravening this section (jade io, 2016). Section 998 of the Corporation Act states that any person should not get into any kind of action that creates a false presentation in a trading of any securities or shares in a stock market or any presentation that misleads the factors like actual market price of any securities. He should not involve in any kind of change in the ownership of the securities or any transactions which is not genuine by means of purchase or sales of those securities. He should not be responsible for any fluctuations in the market price of the securities or any kind of shares by way of increasing or reducing the price of the shares in the market. a person who enters into any transaction of sale or purchase of any shares or securities which do not prove to be beneficiary for the owner of the said shares or securities, is said to have created a false representation of the price of the shares or any kind of securities in the market during the active trading of the said securities in a stock market. There is a provision in sub section 6 of the section 998 which acts as a defence for the person who is found guilty of contravening section 998 of the act (legislationgov, 2001). The defence is mentioned in sub section (5) where it has been mentioned that if the person can prove that the purpose for which he did the same was not for the purpose of creating a false representation or misleading the market or the buyers or sellers during the ongoing trading in the shares or securities (legislationgov, 2016). In the case herein mentioned above, Mr. OHalloran has falsely represented the market and is involved in the act misleading the ongoing trading of the securities and shares on 28 April 1995 (legislation gov, 2016). He falsely presented the shares of Jeffries in the market at a much lower price, i.e., at the rate of 13c per share and sold 94,000 of the shares @ 13c. He has done this activity for his own benefit of acquiring more numbers of the ordinary shares after the conversion of the prefe rence shares. Therefore, Mr. OHalloran is guilty of contravening Sec.998 of the Corporation Act 2001 (Mkysugar, 2016). Conclusion This case contains evidence by the system of working of the Stock Exchange Automated Trading Systems (SEATS). In this system the offers to sell and offers to buy is placed by the brokers and is kept in record. All the trades and information of the trades which are kept in records are accessed by the brokers with the help of the computers. A trade takes place when there is an offer to buy matches with the offer to sell. According to the case mentioned here, the broker may make an offer to sell or an offer to buy at a price which is totally different from the market value of the shares with an expectation that it will be accepted in the future changes in market. if a company make an offer to buy shares at different price level, then the seller willing to trade will accept to sell the shares according to the descending order of the price level until there is no more willingness left to sell at the price offered to him or the available shares for sell have been used up (wipo int, 2013). In the above mentioned no evidence or any conspiracy was found between Fame and the other two organisations, Cameron Securities or James Capel. An investigation was made on the transactions which took place on the 28 April. The transactions made which was related to the conversion of preference shares raised a question of validity of those shares between Jeffries and many other persons. This is not a important matter to discuss in the appeal. It is to be found that whether Fame has contravened Sec995 and 998 of the Corporation Act 2001 (asic gov, ND). Mr. OHalloran in his evidence in the lower court stated that he was under pressure in order to get cash to meet up some financial commitments on behalf of the company, which was neither believed nor challenged. It has been found that there was enough cash left with Mr. OHalloran to make the financial commitments and there was no need to sell huge numbers of shares at a lower price for a simple reason of getting cash in hand. He sold 94,000 shares at a price lower than the market price just to create a lower price which will serve for the purpose of the calculation for conversion of the preference shares. The transactions were done by Mr. OHalloran on 28 April 1995, in the last three minutes before the closure of the market. This was just according to the conversation made between Mr. OHalloran and his broker Mr. Powell. This was made just to change the market for the buyers who will accept the offer to buy the shares of Jeffries at the price of 14c or above and the same happened in t he very next trading day of the next week, which would create an advantage for Fame in terms of finance. This is because the lower share market price of Jeffries will lead to acquiring of more numbers of ordinary shares after conversion of the preference shares (legislation gov, 2016). The appellants senior counsel submitted in the Court where the appeal is being heard that there was no manipulation of the market is involved and no misleading of the happening has taken place. It has been further stated that the appellant has used the opportunity of the market situation that existed on 28 April and is not been made by the said person. The appellant accepted the different offers made to buy shares in Jeffries just before the closing of the market, as there was own financial interest present. The judgment made by the court is that there is a contravention of the sec 995 and 998 of the Corporation Act. This is because the vendor in order to get his own financial benefit in respect of some financial contractual agreement, has been involved in creating a lowest market price of numerous shares and selling of the shares at a lower price which could have an increased bidding in the near future. The appeal in this case has been dismissed with costs (Pearson, ND). References: asic gov (ND) Laws we administer, [Online], Available: https://asic.gov.au/about-asic/what-we-do/laws-we-administer/. austlii.edu (2001) austlii.edu, [Online]. jade io (2016) jade.io, july, [Online], Available: https://jade.io/j/?a=outlineid=218602. legislation gov (2013) Corporations Act 2001, [Online], Available: https://www.legislation.gov.au/Details/C2013C00003. legislation gov (2016) legislation.gov, [Online], Available: https://www.legislation.gov.au/Details/C2016C00725. legislationgov (2001) Corporations Act 2001, [Online], Available: https://www.legislation.gov.au/Series/C2004A00818. legislationgov (2016) Corporations Act 2001, [Online], Available: https://www.legislation.gov.au/Details/C2013C00003. Mkysugar (2016) Corporation Act 2001, [Online], Available: https://mkysugar.com.au/. Pearson, G. (ND), in Pearson, G. Financial Services Law and Compliance in Australia, Cambridge University Press. wipo int (2013) 'Corporations Act 2001 ', Corporations Act 2001 No. 50, 2001 as amended , vol. Volume 1: sections 1260E , april.
Saturday, April 4, 2020
Swot Aol Time Warner Essays - SWOT, Strategic Management, AOL
Swot Aol Time Warner Advanced Search Preferences Language Tools Search Tips Web Images Groups Directory Searched the web for SWOT aol . Results 41 - 50 of about 1,200. Search took 0.20 seconds. AOL - Try AOL 7.0 FREE! 1000 Hours for 45 days! free.aol.com 7 E-mail Addresses, Instant Messaging and more! Try it today Sponsored Link The Guide2GiftBiz Homepage ... Well the same thing goes for your email. Lets face it - [emailprotected] or [emailprotected] just doesn't give that warm fuzzy feeling of confidence to ... www.guide2giftbiz.com/ - 24k - Cached - Similar pages [PDF] Quality News File Format: PDF/Adobe Acrobat - View as HTML ... and 3 what is called a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis ... 522-2803 or e-mail [emailprotected] . Montana Area Members Our Montana ... eastidahoasq.hypermart.net/feb_2001_newsletter.pdf - Similar pages [PDF] 9 ? ? ? ? ? ? ? ? File Format: PDF/Adobe Acrobat - View as HTML The summary for this Japanese page contains characters that cannot be correctly displayed in this language/character set. www.net.intap.or.jp/INTAP/cdn/cdn_2-9.pdf - Similar pages BA 8993/Strategic and International Management ... technical problems you are having with AOL. Please expect to give full attention ... the course. Two required tools are SWOT and Five-Force analysis. You ... www.gsu.edu/~mgtrhh/8993f01i.htm - 68k - Cached - Similar pages Read News ... Ever Onward''. E-mail Address: [emailprotected] (PUC/AUP CYBER-LINK ... School discussion, revolving around the ''SWOT'' (strengths, weaknesses, opportunities and ... www.filipinoadventist.org/community/bulletin/news.asp?SectionID=1&ArticleID=626 - 26k - Cached - Similar pages Read News ... HOLDS RETREAT by CJR Miranda IV, MD [emailprotected] ... discussion, revolving around the ''SWOT'' (strengths, weaknesses,. opportunities and threats) analysis of the ... www.filipinoadventist.org/community/bulletin/news.asp?SectionID=1&ArticleID=619 - 46k - Cached - Similar pages [ More results from www.filipinoadventist.org ] Euroseek - Roller Coasters ... first drop. http://www.coasterphotos.com/SWOT/steeleel.htm 5. Kennywood Park Roller ... its demolished predecessor. http://members.aol.com/RobbRipken/knoebel.html 7 ... webdir.euroseek.net/page.php/United+States/Lifestyle/Hobbies/ Hobbies&Interests+A-Z/Interests+Q-R/Roller+Coaster+Fans/Roller+Coasters?ct=world - 28k - Cached - Similar pages Google Directory - Business * Management * Strategy and ... Business
Sunday, March 8, 2020
Free Essays on Delegation Paper
Delegation Paper The managers in my organization delegate responsibilities as part of their job requirements to ensure that orders are being met and that the quality in those products continues to be within standards for the customer. My operations manager sends vital information on to shift supervisors about our customer order situation so they can plan ahead of time when and what action to take on the manufacturing floor. All of this leads to delegation of orders down the chain of command, for example if we have a short lead-time for a product for a more important customer or higher profiting product, they then relay to their shift leaders what to look ahead for in production. The shift supervisors make sure that we have the correct amount of personnel to cover the orders and that there is adequate tools to perform the task at hand. The shift leads then performs the wishes of the supervisors by relaying pertinent information to those employee who have the specific tasks to make the adjustments in their area, the leads also fill in at weak points in production to maintain a continuous flow in the production lines. Delegation is a skill of which we have to use at one point or another, but which few understand. It can be used either as an excuse for dumping failure onto the shoulders of subordinates, or as a dynamic tool for motivating and training our team to realize their full potential. One important step in becoming more productive is to not have everything done by one person. The shift supervisors cant be everywhere at once so he has the shift leads help in the delegation of work to be performed. Delegation allows them to achieve more through the proper selection, assignment, and coordination of tasks and resources. Delegation gives the supervisors and leads an opportunity to handle aspects of the job that no one else can do. These activities might include project planning and project team involvement, coaching and monitori... Free Essays on Delegation Paper Free Essays on Delegation Paper Delegation Paper The managers in my organization delegate responsibilities as part of their job requirements to ensure that orders are being met and that the quality in those products continues to be within standards for the customer. My operations manager sends vital information on to shift supervisors about our customer order situation so they can plan ahead of time when and what action to take on the manufacturing floor. All of this leads to delegation of orders down the chain of command, for example if we have a short lead-time for a product for a more important customer or higher profiting product, they then relay to their shift leaders what to look ahead for in production. The shift supervisors make sure that we have the correct amount of personnel to cover the orders and that there is adequate tools to perform the task at hand. The shift leads then performs the wishes of the supervisors by relaying pertinent information to those employee who have the specific tasks to make the adjustments in their area, the leads also fill in at weak points in production to maintain a continuous flow in the production lines. Delegation is a skill of which we have to use at one point or another, but which few understand. It can be used either as an excuse for dumping failure onto the shoulders of subordinates, or as a dynamic tool for motivating and training our team to realize their full potential. One important step in becoming more productive is to not have everything done by one person. The shift supervisors cant be everywhere at once so he has the shift leads help in the delegation of work to be performed. Delegation allows them to achieve more through the proper selection, assignment, and coordination of tasks and resources. Delegation gives the supervisors and leads an opportunity to handle aspects of the job that no one else can do. These activities might include project planning and project team involvement, coaching and monitori...
Friday, February 21, 2020
John Stuart Mill's principle of liberty Essay Example | Topics and Well Written Essays - 1750 words
John Stuart Mill's principle of liberty - Essay Example I prefer this definition of public policy because it establishes a direct connection between expectations of a society and the effectiveness of their embodiment by governments. With such observations in mind, let us try to find out to what extent, if at all, John Stuart Mill's principle of liberty is a workable and attractive basis for public policy in light of real-life challenges. ... ills principle to public policy, because in the latter case we may fail to exactly identify aspects of the principle that cause difficulties in its practical implementation as a basis for public policy. Besides, the fact Mill himself differentiated between the spheres of application of the principle of liberty in positive (freedom for personal development) and negative (knowledge that our freedom from harmful interference of others is protected) ways suggests that for him, as a utilitarian, this differentiation was needed in order to provide a practically applicable frame for his moral philosophy. Indeed, while for Mill the maximisation of happiness serves as the moral end, he realises that the task of distribution of limited amount of goods that can promote happiness requires the establishment of strict social norms violation of which should be punished for the common benefit. The first part of the Millian principle of liberty, which declares that a person has the right to do whatever he or she wants and be free from the interference from other people, stems from Mills principle of utility "grounded on the permanent interest of man as a progressive being".1 By this Mill implies that the choice of forms of governance should be based on their capacity to promote development of faculties of each individual, which would generally increase moral freedom, responsibility, and rationality among people, thus leading to more happiness. This aim is justified by the fact that free personal development is an end for each individual, and at the same time is a proper way for the whole society to thrive.1 So, it is after all the utility that dictates the best forms of social life.2 Therefore, with the personal development being the basic value, Mill states that liberty, insofar as it
Wednesday, February 5, 2020
Motivation of firms for foreign direct investments - a critical review Dissertation
Motivation of firms for foreign direct investments - a critical review - Dissertation Example The 1990s had witnessed a dramatic growth in the foreign direct investments to the developing countries. In the late 1980s, the net direct investment flows to the countries amounted from the 0.5 percent of their overall GDP to more than 2.5 percent in the year 2000-2001. The dramatic growth in FDI was particularly experienced in Latin America (Calderon, Loayza & Serven, ââ¬Å"Introductionâ⬠). After 1994, with the steep decline in other private external flows, the significance of foreign direct investment has increased as the significant source of external financing to the developing world. Over the last few decades, the outsourcing from the foreign countries has become a significant strategic issue. This has been in the wake of increasing recognition of the benefits, provided by the effective outsourcing and international product strategies. In the quest for greater efficiency and cost savings, a number of companies have decided to source parts and components at a reduced cost from the suppliers across the globe. Hence, the importance of FDI has increased with the passing days. This report is an effort to look into the foreign direct investment from both the perspectives of domestic and foreign countries. There can be several benefits which can lead a host country to welcome the foreign direct investments while there are number motivations behind such decisions of the investing firms. All these have been discussed to have a more detailed look at the foreign direct investments taking reference from several articles and books, as well as the online resources. At the end, a conclusion has been inferred from the discussion carried out in different segments. Foreign Direct Investment Foreign Direct Investment is a form of investment which earns interest in the enterprises, functioning outside of the domestic territory of the investors. The foreign direct investment requires a business relationship between the parent company and its subsidiaries (EconomyWatch, ââ¬Å"Types of Foreign Direct Investment: An Overviewâ⬠). The term ââ¬ËForeign Direct Investmentââ¬â¢ can be defined in several ways. ââ¬Å"Foreign Direct Investment (FDI) is the process whereby residents of one country (the source country) acquire ownership of assets for the purpose of controlling the production, distribution and other activities of a firm in another country (the host country)â⬠(Moosa, p.1). According to International Monetary Fundââ¬â¢s Balance of Payments Manual, foreign direct investment is made to acquire an interest in any organisation, operating in a foreign economy; in this case, the investor aims to have to an effective voice in the organisation management. Back in the year 1999, the United Nations World Investment Report has defined FDI as an investment which involves a long term relationship and reflects a long-term interest and control of an entity in an organisation, in any foreign country. While compared to various forms of intern ational investment, the distinctive feature of FDI is that it enables the investor to have control over management policy and decisions of the organisation in the foreign country. A number of researchers have argued that the element of control has provided
Tuesday, January 28, 2020
Majestic Wine Plc Uk Marketing Essay
Majestic Wine Plc Uk Marketing Essay Majestic Wine Plc. opened its original wine warehouse in 1980. This Wood Green, North London warehouse merged in 1991 with Wizard Wine, which, at that time belonged to Iceland, the frozen food group, (Sunday Times, 2010, p1). Majestic Wine was listed on the Alternative Investment Market in 1996. In 2009, it acquired Lay Wheeler, a Burgundy and Bordeaux wine specialist (Sunday Times, 2010, p1). The retailing of wines, beers and spirits is its principal business activity (Majestic Group, 2009, p1). This business report analyses the group performance for two financial years, to 29th. March, 2010. It recommend, on basis of appropriate performance ratios, (detailed in Appendices 1 4), that shareholders should buy more shares and augment their investment significantly if the group management shows a more aggressive and focused plan of expansion, accompanied by expansion of stores, the deployment of a more aggressive capital gearing ratio, and sharper operations management. Majestic has grown more than 12 fold from 1985, when it had only 12 shops, to 152 shops n 2010. It aims to expand its shop strength to 250 during the coming decade (Sunday Times, 2010, p1). Its sales are at a 10 year high, post the discarding of its policy of retailing only 12-bottle cases. Off-licences, (establishments selling alcohol for consumption off the premises), could in the 1980s operate only for a few hours every day, and even fewer over weekends. Warehouses circumvented this rule by posturing as wholesalers, thus compelling their customers to buy bulk 12-bottle cases (Goodway, 2010, p1). Steven Lewis, the feisty CEO of the company, tested and subsequently rolled out, from November 2009, a model allowing customers to buy a minimum of six bottles at a time (Goodway, 2010, p1). The policy was instrumental in increasing the number of customers by 54000 to 472000 in the course of a year (LSE, 2010, p1). The objective of this Business Report is to recommend to the shareholders of Majestic Wine PLC on augmentation or reduction of their investment in the company. The profitability ratios of the company reflect a marked improvement in terms of revenues, cost of sales and ROI. Most organisations opt to keep their debt low and cut their debt at the earliest (Jablonsky Barsky, 2001). Whilst such inclinations arise from the need to be conventional and secure in business, excessive eagerness to diminish debt frequently leads to poor utilisation of obtainable debt, higher costs and uneconomical capital gearing (Jablonsky Barsky, 2001, p 7-15). The practically unchanged working capital ratios reflect the maintenance of sub-optimal liquidity levels. The weak acid-test ratio can lead to a difficult situation if the need for liquidity arises on account of contingencies that need to be swiftly addressed. The long-term debts ratios reflect under capitalisation. The low gearing ratio reflects risk adverse tendencies, which can lead to slow growth in future. 2.2. Group Performance The group turnover for the 52 week period ending 29th March, 2010 at à £33.2m was up 15.6 percent, with the profit before tax at à £16.0m rocketing by an incredible 117 percent (LSE, 2010, p1). Appendix 4 summarises the group performance, as reported in the Preliminary Results for 2010. The Group has experienced strong cash generation during 2010, with operational cash-flows of à £21.2m during the year.à This figure is à £5.7m more than the à £15.5m generated during the previous year, and has essentially come about from the improvement in the underlying profit before tax during 2010. The Distribution and Administrative Costs have increased by 15.6 percent during 2009-10 as compared to the previous year. The EBIT (Earnings before finance costs and taxation) rose by 118.3 percent during the same period. The Profit before Taxation (PBT) grew sharply from à £7.4m to à £16.0m during 2009-10 year, registering an increase of 117 percent. The sales to private customers, which make up the mainstay of the business, have shored up well, even though sales to corporate customers has been unsatisfactory. The companys French operations have been hurt by a stronger Euro (Majestic Group, 2009, p1). This contributed to an exceptional non-cash charge of à £5.33m in 2009, which arose from the writing-down of the carrying value of the companys French retailing operations, Wine and Beer World (Majestic Group, 2009, p1). The companys purchase policy of reducing the minimum purchase of 12 bottles to 6 has led to excellent results, even as it needs to be recognised that it may be difficult to replicate this years soaring profits next year, because of challenges in manoeuvring even more supermarket customers through its shop entrances (ODoherty Kuchler, 2010, p1). Majestic is nevertheless working towards seizing mid-market space with a number of value-adding schemes like developing sales to gastropubs, increasing its wine-tasting programmes, and growing its fine wines business (ODoherty Kuchler, 2010, p1). Majestics market share at 3.4% leaves abundant room for growth (ODoherty Kuchler, 2010, p1). With its share trading at 20.3p per share at approximately 14 times its forecast earnings for 2011, higher than the average trading of its peer retailers at an average of 12 to 13p, Majestic, ODoherty Kuchler, (2010, p1) feel merits the premium and some more. The companys results are remarkable, considering that the underlying profit growth of 26 percent in 2010 has been achieved after accounting for the reduction of à £5.3m in the carrying value of the French operations (Hemming, 2010, p1). The business is well positioned to capitalise on its core strengths as the economic environment starts improving (Majestic Group, 2009, p1). The companys acquisition of Lay and Wheelers fine wine business in 2009 has contributed à £12.4m to 2010 sales (LSE, 2010, p1). It is to the credit of the group that the total dividend for the year has been raised by 5.1 percent, to 10.3p per share, against last years 9.8p, despite continuing market pressures (LSE, 2010, p1). The Underlying basic earnings per share (EPS) for 2010 at 18.4p were 31.4% higher than the 2009s 14.0p. The underlying diluted EPS for the same period at 18.3p rose 30.7% against the previous years figure of 14.0p. The basic EPS for 2010 at 18.4p was 247.2% more than the 2009s 5.3p. The diluted EPS for 2010 at 18.3p was 245.3% more than the 5.3p achieved in 2009 (LSE, 2010, p1). The average transaction expenditure at à £129 for 2010 is 4 percent lower than 2009, despite a growth of 14.6 percent to 1.7m in transaction numbers (LSE, 2010, p1). The UK like-for-like sales for the 10 week period from 30th.March, 2010 to 7th.June, 2010 rose 7.3 percent (LSE, 2010, p1). The company is expected to improve its sales in future. The retailers professional credentials and good service levels have produced considerable loyalty amongst its patrons, which will be of assistance in the present economic climate. Majestic will also probably not be impacted by the recommended changes to alcohol pricing as its focus is more on the superiority of its offering than on its price (TradingMarkets.com, 2010, p1). It is recommended that shareholders should steadily increase their investments. Larger positions should be taken if the group management shows persistent and aggressive efforts to achieve its growth target of 250 sites within a decade and change its conservative capital gearing. The company however needs to address its short term liquidity in order to be ready for short-term contingencies. 2.3. Mission Statement Majestic Wines progresses its mission of providing wine of high quality backed up with superior customer service through its clearly differentiated retailing model, with its core excellent value straddling the price range, its captivating product offering, and most of all, its compelling and distinguishing customer service proposition (Majestic Group, 2009, p1). The companys commitment to its mission is exemplified by the recognition accorded to it as the High Street Chain of the Year, in 2008, by the International Wine Challenge Awards. The Group was also awarded The Specialist Wine Chain of the Year by Decanter magazine in 2008 (Majestic Group, 2010, p1). The companys strength in customer services emanates from its ability in recruiting and retaining high quality graduate level staff, its continual investment in comprehensive training programmes, (widely accredited as best in the wine industry), and its focus on customer service, product knowledge and management (Majestic Group, 2010, p1). Majestic augments its specialist credentials by focusing on its staff training. New staff members tend to take the course qualifying for the Wine and Spirits Education Trusts (WSET) Advanced Certificate in six months. In fact, several employees train further: 149 staff members presently have, or are qualifying for the WSET Diploma, even as 7 of Majestics personnel received Excellence Awards from WSET in January 2010 (TradingMarkets.com, 2010, p1). Majestic distinguishes itself from its competitors is by cultivating strong customer relationships (TradingMarkets.com, 2010, p1). The company hosts numerous events, like wine tastings, and courses to enhance customer knowledge of wine (TradingMarkets.com, 2010, p1). Such approaches, combined with high service levels, have facilitated the retailer in trading its clientele up the value chain (TradingMarkets.com, 2010, p1). The latest annual results disclose that the average value for a bottle of still wine increased by à £0.21 and sales of bottles more than GBP20 grew by 22.7% in relation to the previous year (TradingMarkets.com, 2010, p1). Majestic aims to enhance its fine wine credentials by putting up fine wine display sections in all its stores in the next two years. Approximately around 50 percent of its present stores have such sections (TradingMarkets.com, 2010, p1). 2.4. Environmental Policies Many companies tend to confuse green concerns relating to their own businesses with elementary cost savings measures. This adversely affects the larger green issues that are related to implementation of green processes, products and technologies across such organisations. Environmental issues the company including the collections, reprocessing and disposal of the recyclable waste material. A pioneering lightweight British-designed bottle has facilitated the UK wine industry in meeting aggressive targets on reduction of its carbon emissions and glass waste (Greenwise, 2010, p1). The 300 grams (g) screw-cap bottle, the first worldwide, weighs 188g less than the average wine bottle and 40g less than the earlier lightest bottle produced in Britain (Greenwise, 2010, p1). It has been designed and developed, through the Waste Resources Action Programme (WRAP), by Quinn Glass and is currently being deployed by key supermarkets like Tesco (Greenwise, 2010, p1). The ground-breaking design is the outcome of a 4 year program known as GlassRite Wine launched by WRAP in 2006 to spot prospects within the wine sector to generate environmental- cum-commercial savings (Greenwise, 2010, p1). WRAP avers that the project currently has accomplished the targets, with which it was launched, of decreasing glass bottle weight by approximately 27,000 tonnes with using lighter weight bottles and increasing recycled glass usage in UK wine-bottle production by 44,295 tonnes per year (Greenwise, 2010, p1). In terms of CO2 savings, the project has further contributed almost 35,000 tonnes per annum (Greenwise, 2010, p1). Nicola Jenkin, in charge of WRAPs drinks category business, stated that huge opportunities are still present in using lighter-weight bottles in the global wine supply chain (Greenwise, 2010). She elaborated that the pioneering 300g wine bottle was presenting considerable potential in UK alone for reducing glass and carbon wastes (Greenwise, 2010, p1). Further, she clarified that use of these bottles for all wine sales within UK itself would produce glass saving of 153,000 tonnes per annum, equivalent to the weight of over 460 jumbo jets resulting in axing CO2 discharges by 119,000 tonnes (Greenwise, 2010, p1). Another major success of the GlassRite project has been in promoting bulk importation wherein the wine is transported in vats instead of being bottled at source (Greenwise, 2010, p1). Consequently, WRAP has confirmed that emissions have been cut by 40 per cent (Greenwise, 2010, p1). Majestic Wine would do well to adopt environmental friendly policies in view of the enormous potential for savings possible in adopting green processes and practices along its entire supply chain. 2.5. Majestic and Major Competitors strengths and weaknesses The retail wine industry is intensely competitive. The Group competes with numerous retailers of varying size in terms of criteria like quality, range, price and service. Failure to compete successfully could adversely impact the financial results. Apart from monitoring performance repeatedly against competitors in these spheres, the Group lessens its exposure by guaranteeing that the trade is differentiated from the competition by the quality, quantity and diversity of merchandise at every location, provision of wine expertise as well as dedicated car parking (Majestic Group, 2009, p1). We differentiate ourselves by the high quality of our customer service and advice, the diversity and quantity of stock available to purchase at each store, our dedicated on-site customer parking, wines to taste every day, the ability to order in-store or via our website and the availability of free delivery throughout mainland UK (Majestic Group, 2009, p2). Constellation Brands along with Fosters Group, owning brands including Lindemans, Hardys and Penfolds and employing thousands of personnel in UK, have charged the Government of demolishing the UK wine business with constant tax rises (Hall, 2010, p1). Both organisations have axed UK jobs and are already shifting investments to other European nations. Last year Fosters cut 10 percent of its UK labour force (Hall, 2010, p1). Peter Jackson, Fosters MD for Europe, Middle-East Africa division, stated that 55 percent of a à £4.32 priced wine bottle, an average UK price-tag, is spent on taxes; approximately à £1.60 is excise duty, 65p is VAT and 11p is the Common Customs Tariff (Hall, 2010, p1). Research conducted for The Sunday Telegraph reveals that, whilst the price of a wine bottle has risen by 25pc since Labour Government ascended to power in 1997, its duty has increased by 53.3 percent (Hall, 2010, p1). Earlier in the month EJ Gallo Winery, makers of wines including Turning Leaf and Carlo Rossi, stated that it will continue curtailing its UK range in 2010, because high levels of promotions and the brutal tax regime make it tough to do business (Hall, 2010, p1). Cheap alcohol traded by supermarkets has struck off-licence chains very hard. Wine Rack and First Quench owned Threshers collapsed last year benefiting Majestic (Sunday Times, 2010, p1). Majestic steer clear of challenging supermarkets on price but instead claims to provide more products and better service. Majestics share price has risen 38% in the past year to 272.5p, valuing it at à £167m (Sunday Times, 2010, p1). The UK is recognized worldwide as a sophisticated wine market and it is surprising that it short-changes sophisticated wine consumers the aspect of procuring fine wine by the single bottle (Sunday Times, 2010, p1). The number of high-quality wine shops has dropped sharply due to competition from supermarkets, which sell over 70% of wine in Britain, and high rents as well as the current growth in online wine sales (Sunday Times, 2010, p1). However, the finest places in UK to procure expensive wine are within London, where departmental stores like Harrods, Selfridges, Harvey Nichols and Fortnum Mason proffer fancy bottles at a price (Robinson, 2010, p1). The 2009-20 financial year results further highlight that specialists can be successful when faced with severe competition from supermarkets if they can offer outstanding levels of quality, service and range (TradingMarkets.com, 2010, p1).
Sunday, January 19, 2020
Martin Luther Kings Leadership :: MLK Leaders History Essays
Martin Luther King's Leadership One of the worldââ¬â¢s best known advocates of non-violent social change strategies, Martin Luther King Jr. (MLK), synthesized ideals drawn from many different cultural traditions. Recent studies of him emphasize the extent to which his ideals were rooted in African-American religious traditions which were then shaped by his education. The image of a social activist and leader was the result of extensive formal education, strong personal values and licit ethics. This excellence in leadership can be traced to his character which is shaped by his moral values and personality. We look at MLK and these traits to reveal the rationalization of his rise to transracial leadership in our society. Through studying the life and example of Martin Luther King, Jr., we learn that his moral values of integrity, love, truth, fairness, caring, non-violence, achievement and peace were what motivated him. King is not great because he is well known, he is great because he served as the cause of peace and justice for all humans. King is remembered for his humanity, leadership and his love of his fellow man regardless of skin color. This presence of strong moral values developed Kingââ¬â¢s character which enabled him to become one of the most influential leaders of our time. Integrity is a central value in a leaderââ¬â¢s character and it is through integrity that King had vision of the truth. The truth that one day this nation would live up to the creed, "all men are created equal". No man contributed more to the great progress of blacks during the 1950ââ¬â¢s and 1960ââ¬â¢s than Martin Luther King, Jr. He was brought up believing "one man can make a difference", and this is just what he did. Integrity has a large effect on what we think, say and do, it is through Kingââ¬â¢s thoughts and actions that enabled so many people to have trust and faith in him. Through Kingââ¬â¢s integrity he believed that America, the most powerful and richest nation in the world will lead the way to a revolution of values. This revolution will change the way society views itself, shifting from a "thing-orientated" society to a "person-orientated" society. When this occurs, King believed that racism will be capable of being conquered and this nation will be "Free at last." Kingââ¬â¢s unconditional love for all humans was another value that strongly influenced his character and allowed him to have such excellent leadership ability.
Saturday, January 11, 2020
Randy Pausch, Speaking Skills Essay
When faced with the knowledge that you are about to do something you love for the last time, how would you react? When Randy Pausch, a virtual design professor at the University of Carnegie Mellon was given the diagnosis of liver cancer with only a few months to live, he knew that everything he did would be the last time he did it. Randy chose his last lecture to be an inspiring tribute to his life and the people who made it everything he wanted it to be. His incredible speech is delivered so full of life, that it is hard to imagine that he is practically walking to his deathbed. So besides his predicament, what made Pauschââ¬â¢s speech so moving? His passion for the topic gave him life onstage, the intricate design of the speech intertwined his ideas kept the audience captive while his usage of jokes connected him with the audience. Public speaking was obviously a strength for Pausch and by studying his techniques, we improve on our own communication in all aspects of the verb. We start by analyzing his passion for the topic; childhood dreams. As a child, Randy had things in his life he wanted to accomplish. While not everything on his list was done by the book, he still found worth in everything he gained from the pursuit. This was something that Pausch cared deeply about. His body language and tone was just as powerful as his words. When Randy was speaking, his voice reflected the way he felt about his topic. When he intended on being sincere, his voice slowed and lowered. The emphasis spearheads impactful words and phrases. When he made jokes, he would smile as he got to the punch line and there would be a sense of lightheartedness in his voice. Putting emotion into your appearance and sound gives your words strength. As a species, we put so much emphasis on these that it is more than half of a conversation. Now to focus on his organization. The organization of what you are trying to say is important when it comes to keeping a personââ¬â¢s attention. When people become confused, they make the internal decision to tune out the conversation than attempt to organize it themselves. So it is important to be direct and solid with your statements when you tell stories and give instructions. All of Randyââ¬â¢s sorties and jokes were easy to understand and direct. Something that Pausch did that was very creative was his use of foreshadowing. The photo of him and his siblings on the Alice ride at Disney as a child connected well with the program he designed later in life as a professor. Furthermore, he made that it apparent to his audience that may not have originally seen the connection by stating it was a foreshadowing moment. By leaving the story open-ended until a later time in his lecture, he captured the interest of people who didnââ¬â¢t know him prior by intriguing them with a mystery. Then to people who did understand, it was a fun and heartwarming connection. The point of using foreshadowing and other organization techniques is to keep the brain occupied and attentive. Pausch does an excellent job of this. Despite Pauschââ¬â¢s tragic diagnosis, the man stands strong with a positive outlook on life. His ability to be realistic about his condition commands respect while his lightheartedness gives shows us that he is at peace with his fate. Pausch involves the audience, speaking to them directly as if he is simply in an extensively long conversation. His jokes are sweet and good hearted. Some jokes are more general, but a few were very personal. These were about specific times and people in his life that he feels were important. By letting the audience into his life this way, he gave them a friendly feeling. Although I never met the man, by the end of his lecture I felt as though he was a close friend. Purely by using his personality, he reels the audience in. Randy captivated much more than his friends, he inspired complete strangers even years after his passing. I would like to give a thank you to the Youtube website. Randyââ¬â¢s memory is preserved forever and is available to millions. I appreciate the opportunity to be exposed to such an honorable person. Randy had passion for the classroom, and passion for life. His organization and direct statements gave clarity and direction to his thoughts. Then, his personality and humor brought the audience into his life. He connected with people on a level of friendship which was incredibly moving. I most definitely enjoyed watching him and wish his family love and happiness.
Friday, January 3, 2020
The Success Of The Business Meetings Essay - 1594 Words
The success of the business meetings of professional society relies upon numerous factors, which usually play a key role in project success. Some key factors include location of business associations, local arrangements attraction, and ability of the chairperson. Alternately the major role is played by team members where the project management team has to plan program participants, meeting attending cost and the travel fund to the attendees and the number of meeting attendees and the program participants. The first consideration in the planning of business meetings is to analyze and evaluate the situation. The steps consist of meeting the objectives, analyzing target audience and finally determining the methods of implementation. The objectives for the business association are based on understanding the needs of the people who are going to attend the meeting and the purpose of the meeting. 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