Time and Place Professor Ramos Blog

Time and Place In â€Å"There was a Man, There Was a Woman†, Sandra Cisneros recounts to a short anecdote about a man and a lady whose calendars are diverse yet at the same time get an opportunity in interfacing. Consistently and fourth Friday of the month, the man would get paid and the first and third Friday of consistently, the lady would get paid. On their Friday’s, they would go to a Friendly Spot Bar to drink with their companions. The man would drink and drink in order to say all that he was feeling, yet that never occurred. He essentially just drank. The equivalent careful thing occurred with the lady. The two of them would snicker boisterously in the bar. Around evening time when the two of them went to their homes, they had various responses while looking and thinking about a similar moon. At the point when the lady gazed toward the moon with her pale eyes, she cried. At the point when the man was watching the moon, he saw and thought of â€Å"those who had adored or cheris hed kicked the bucket before that equivalent moon, quiet and stunning. The lives of these two individuals were the equivalent however unique planning. Presumptions are made and things are placed into point of view for the peruser. Will they ever meet? Is it true that they are perfect partners? Do they definitely know one another however intentionally have various timetables on purpose? A companion of the lady knew each side and articulation the lady made. It was difficult to never make sense of what the lady had been experiencing. The companion could peruse the lady so effectively as a result of the considerable number of long periods of fellowship they shared. The companion realized the lady superior to her own self. The companion and lady met in secondary school since they had science class together and didn’t know any other person. They shared loads of individual data and happened to be neighbors so they invested a ton of energy at every others houses. â€Å"You coming over?† â€Å"Yeah, I’m as of now on my way† were the lines they said ordinary. At the point when they graduated secondary school, the companion went to a college and the lady went to the military. They attempted to remain in contact on the grounds that the fellowship they had resembled no other. They generally had subjects to discuss in light of the fact that one story would prompt another, etc. At the point when they met, their spirits moved together and time passed by so quick. At the point when the moon would radiate through the windows they realized the time had come to return home. Following a half year in the military, the lady had gotten back home however the companion didn't perceive her. â€Å"What happened?† the companion would ask her. â€Å"Nothing, I’m fine† said the lady all genuine. The lady was there however not so much. The companion realized that she had seen appalling things since her eyes didn’t sparkle like they used to, she was calm and she generally thought of reasons to be separated from everyone else. The companion assisted her adapt to the woman’s misery and following two or three years, she was recuperating. She found another line of work, they moved to an alternate city, and went to a benevolent bar two times per month with different companions just to have a break from everything going on. â€Å"I’m tired of not feeling like myself and I need to get retreat there.† said the lady to her companions. They went to the bar for quite a long time and the lady despite everything felt somewhat void within and needed to relinquish everything that was gobbling up her psyche. She would drink with expectations of the words being simpler to come out yet everytime she had the musings and pictures in her mind at the same time, she would swallow the words away. The lady concealed that for a very long time that her companion didn’t even notification. At the point when the lady would return home, she would gaze up at the moon and consider all the things that she has experienced. Obviously her companion consistently stayed close by yet the one thing that hit home was the cozy inclination she imparted to the moon. A similar moon each night, her entire life. She would vented to the moon since her insider facts were protected and she preferred the possibility of the moon not judging, simply tuning in. It would remain until she nodded off so she discovered solace knowing there was a type of good vitality still with her. She would cry to the moon subsequent to getting back home from the bar in light of the fact that those were where she needs to state what she was feeling yet couldn’t. After a year, the bar was having its tenth commemoration and to praise they were going to have a karaoke night alongside the liquor being at reduced cost so you definitely know bunches of individuals were going to appear. The lady and her companions got to the bar around nine around evening time. The man and his companions went also and got to the bar around ten around evening time. The proprietor of the bar wanted to unite individuals to make some great memories agnd to imaginative valuable recollections. Her bar was a break from reality to everybody. The bar was an entire distinctive condition as a result of all the extraordinary culture and neon lights. The bar was underground so it was alive throughout the night. The proprietor was consistently cheerful and said â€Å"Welcome dears! Join and feel free!† The music moved everybody regardless of whether you didn’t expending anything. The intensity of the air was genuine. The evening of karaoke, heaps of individuals showed up and you could feel the vitality stream all through your body. The lady was feeling ecstasy and with her companions close by, it was such a clashing second since she was miserable the second was going to end yet upbeat that it was going on. The man was not feeling energized even with his companions close by. He would drink until he thought he had the fearlessness to communicate however unfortunately, that sentiment of articulation never came out. He had been feeling unfilled and alone for some time now. Subsequent to cutting off an association of three years, he didn’t figure he could discover genuine love once more. His loved one began to give some warnings and the man realized better to cut off the association despite the fact that it was going to hurt. The man strolled around the bar with his companions and when the man pivoted to return for another beverage, there she was†¦ the lady. They bolted eyes the second they saw one another and everything was moderate movement and the foundation out of nowhere seemed more brilliant like in the motion pictures. They resembled magnets since they were gradually strolling towards one another without knowing it. At the point when the two of them woke up they promptly began to talk. Obviously they were somewhat modest from the outset and they even gagged on their words. The man began with â€Å"Sorry to crawl on you like that† and the lady differ on the grounds that she felt a similar way. â€Å"No stresses, are you from around here?† the lady said with a major grin all over. The discussion took off from here as you could envision. They disclosed to one another their timetable and were moved in light of the fact that they had been setting off to similar places yet various occa sions for quite a while. Effectively looking great so far, the man generously said â€Å"You wanna go dance?† and the lady cheerfully agreed.â In the wake of a difficult night of moving and chuckling, the two of them returned home and without knowing it, they were taking a gander at the moon. Discreetly talking into reality and offering gratitude for the afternoon. The lady felt harmony thinking possibly he’s the one. The man felt harmony thinking possibly she’s the one.

Irish Home Rule free essay sample

This paper inspects why Irish Home Rule was at long last acknowledged in 1914 and not previously, true to form. This article takes a gander at why the Irish Home Rule bill was acknowledged in 1914, and why it was dismissed before in both 1886 and 1893. The creator talks about the political circumstance of the time in Britain and Ireland, analyzing intently the significant individuals and gatherings included and why they went to the choices they showed up at. The issue of Home Rule and other Irish issues overwhelmed British governmental issues during the late nineteenth century and mid twentieth century, yet it because permitted to command was on the grounds that the British parliament and populace was not inspired by Ireland, or tackling its issues. Land Acts were passed, intimidation fizzled and government assistance support was moderate and unwieldy, incompletely hampered by being a minority gathering, the Irish Nationalists were continually going to think that its difficult to get the full advantages pushed through to propel Ireland further. We will compose a custom article test on Irish Home Rule or then again any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page In a parliament where the Tories were not inspired by Irish issues and the Lords overwhelmed by Tories, the main party Irish Nationalists could pick up help from was the Liberals and they were part over the Irish Question.

You Heard It Here First

You Heard It Here First So last Friday, Baker House hosted their annual rock concert, Mega Band Party Plus. Each year, they host a big concert in their dining hall where they have a bunch of bands come bring down the house at the lovely cost of $0 for all the students. This years lineup included: Chicken Slacks The Howl Adrian Emberley and the Ladykillers Michael Dylan and the Sleepwalkers My freshman year, the headlining band was Piebald. They went on to become the greatest band of all time (well, not quite) but they did make a brief stint on MTV2. Just a few pictures from the concert. Another big concert coming in April will be Cake and unnamed opening act. Rumor has it that it will be matt pond PA. Well just have to wait and see about that though. Last fall, Hot Hot Heat came to campus. Last spring, we had Fabulous and Lloyd Banks. And the spring of my freshman year, we had Live. Next year, Im pushing for Chers 17th farewell tour or a Spice Girls reunion concert. Zigga Zig Ah. Post Tagged #Baker House

Analysis Of The Meursault - 1091 Words

Amanda Glassman English 12 10/20/15 Meursault Portrays a Teenager As I stood overlooking the edge of a steep, mountainous cliff, I noticed the waves gradually growing taller. In Hawaii, on this particular day, the waves seemed choppier than normal. Out of fear, I automatically associated the bottom of the cliff with death. On the other hand, my friend had a different mentality. Her eyes glistened as she gazed down. I could see her eagerness to dive straight into the ocean. Without even holding her breath, she was gone. However, her decision was not surprising to me. Like my friend, many teenagers live a day-to-day basis by sayings such as, â€Å"life’s too short† and â€Å"you can never get second chance.† These mottos often cling to juveniles, causing them to make rash and careless decisions. In today’s day and age, teenagers are the one group of people that portray this reckless behavior. Although frowned upon in society, existentialism is commonly found in many pieces of literature. This theory usually highlights man’s existence with society and the world. Like teenagers, the characters in these books and stories are usually displayed as emotionless and disconnected to the world. In The Stranger, by Albert Camus, the protagonist, Meursault, perfectly fits the image of an existentialist. In this book, Camus creates realistic scenarios that Meursault undergoes, however, wants each reader to react differently to Meursault’s actions. The language of the novel is abruptShow MoreRelatedAnalysis Of The Way Meursault 1335 Words   |  6 PagesThe way Meursault reacts to his surroundings throughout the first part of the book is especially noticeable in chapter 1. Within this chapter, you may notice that he talks more about the setting of places and the moods of others than he does his own emotions. The story starts off with Meursault stating that his mother died that day. Following this, he attends a vigil which he says is fifty miles away. Instead of telling us how he feels about the loss of his mother, he proceeds to tell us that heRead MoreAnalysis Of Meursault In The Stranger831 Words   |  4 PagesIn the book The Stranger, by Albert Camus, the main character Meursault has lot going on in his life that he doesn’t seem to care about too much. His mother or â€Å"maman† passes away and he shows a severe lack of emotion before and during the funeral. When thinking about marriage he is not adamant about getting married he is just simply ok with it. The lack of emotion shown is puzzling however, in the final passage of part 1, Meursault consumes himself with the physical world, rather than the emotionalRead MoreAnalysis Of Meursault A Stranger To Society1026 Words   |  5 PagesMeursault, a man living in Algiers, takes a bus to Marengo to attend his mother’s funeral after receiving a telegram. After the funeral, he seems unaffected by her death and he briefly describes his outing with Marie, his co-worker. Later on, he meets Raymond, an abuser of women, and agrees to go with him to his friend’s beach house. There, he gets entangled in a ruthless murder, and is ultimately sentenced to death. During his last hours, Meursault realizes how meaningless and pointless life isRead MoreCharacter Analysis Of Meursault In The Novel The Stranger752 Words   |  4 Pages Albert Camus in his novel, The Stranger, shows a genuinely interesting character, Meursault. In the beginning Meursault is depicted to appear as unethical and cruel, through him not showing no grief at his mother’s funeral. However, Camus, throughout the story builds up a considerably more engaging character that portrays more human-like emotions. At the end, Meursault character changes because he leaves off with a sympathetic feel towards him and is left off with thoughtful reflections and revelationsRead MoreLiterary Analysis: How Meursault Is Indifferent in the Stranger, by Albert Camus874 Words   |  4 PagesLiterar y analysis: How Meursault is indifferent in The Stranger, by Albert Camus Although Meursault is the title character and narrator of Albert Camus’ short novel The Stranger, he is also a somewhat flat character. His apparent indifferent demeanor may be a convenience to Camus, who mainly wanted to display his ideas of absurdism. And as a flat character, Meursault is not fully delineated: he lacks deep thought and significant change. His purpose is that of a first-person narrator whose actionsRead MoreTitle and Character Analysis of The Stranger by Albert Camus784 Words   |  3 PagesThe Stranger: Character and Title Analysis In Albert Camus’, The Stranger, the characters in the novel are individually unique in ways that bring out the positive and negative aspects of each other. When examining their traits you get the deeper meaning of things and what they stand for. The major characters in this novel are Meursault, Raymond Sintes, and Marie Cardona. Meursault shows no emotion through everything that goes on in his life such as a death. Raymond Sintes is a rude person and onlyRead MoreAlberts Aimless Absurdity898 Words   |  4 PagesIn Albert Camus’ novella, The Stranger, he exposes his beliefs on absurdism through the narration of Meursault. Camus’ definition of absurdism is a philosophy based on the belief that the universe is illogical and meaningless. Camus, founder of absurdism and French Nobel Prize winning author, sends the reader his underlying theme that life is meaningless and has no ulti-mate significance. This underlying theme of life’s absurdity is extremely per sonal to Camus through his own individual experiencesRead MoreThe Stranger By Albert Camus1365 Words   |  6 PagesCamus uses routinesituations to demonstrate how the protagonist, Meursault is not just another ordinary individual. Camus depicts Meursault as an independent being, disinterested in his surroundings, contrasting him with the majority of his peers. Meursault traverses the entire novel, exhibiting little to no emotion. Instead, he displayscharacteristics synonymous to someone suffering from psychopathy. Regardless of the situation, Meursault refrainsfrom assigning meaning or significance to his environmentRead MoreEssay On The Stranger1010 Words   |  5 Pages The Stranger Essay The Stranger by Albert Camus is an analysis of the human psychosis if it was isolated and apathetic. Throughout the story, our protagonist, Meursault, tells the story of his life after his mother’s death and his experiences with everyday routines. Meursault explains to the reader only the surface of what he is feeling; despite that, as a reader, one is able to view his mind directly and closely. Meursault has all the power in this book because it is his life and mind. He is ableRead MoreThe Individual Versus His Environment in The Stranger and Grendel1674 Words   |  7 Pagesmultifaceted nature of literature, analysis thereof is prone to generalization. One of the most grievous generalizations oft encountered involves failing to distinguish between a character and the novel it inhabits. Take John Gardener’s Grendel and Albert Camus’s The Stranger, for instance. It’s far too easy, when analyzing for dominant ideologies, to slap them both with the label of existentialism and be done with it. However, closer scrutiny indicates that whilst both Meursault and Grendel are existential

A List of The Iliad Characters

The Iliad is attributed to Homer, although we dont know for sure who wrote it. It is thought to describe characters and legends traditionally dated to the 12th century BCE, passed down orally, and then written by a poet or bard identified as Homer who lived during the Archaic Age in Greece  in the 8th century BCE. Major Characters Here are major characters, both mortal and immortal, from The Iliad: Achilles:  The hero and subject of the epic poem. Achilles  brought his troops known as the Myrmidons, was insulted by the leader of the Achaean (Greek) forces, and was sitting out the war until his close friend Patroclus was killed. Achilles then went after the man he blamed for the death, Hector, the prince of Troy.Aeneas:  The nephew of King Priam of Troy, a son of Anchises and the goddess Aphrodite. He shows up with a much bigger part in the epic poem The Aeneid, by Vergil (Virgil).Agamemnon:  Leader of the Achaean (Greek) forces and the brother-in-law of the beautiful Helen, formerly of Sparta, now of Troy. He makes some hard choices, like sacrificing his daughter Iphigenia at Aulis to provide wind for his ships sails.Ajax the greater: The son of Telamon, who is also the father of the best Greek bowman, Teucer. After Achilles death, Ajax wants his armor thinking he deserves it as the second greatest of the Greek warriors.Ajax the lesser: The son of Oilean and the leader of the Locrians. He rapes Cassandra, prophetess daughter of Hecuba and Priam.Andromache: The wife of Trojan Prince Hector and the mother of a young son named Astyanax who features in touching scenes. Later Andromache becomes Neoptolemus war-bride.Aphrodite:  The love goddess who won the apple of strife that started things in motion. She helps her favorites in the fray, is injured, and discusses matters with Helen.Apollo:  The son of Leto and Zeus and the brother of Artemis. Hes on the Trojan side and sends plague arrows to the Greeks.Ares: The war god Ares was on the side of the Trojans, fighting disguised as Stentor.Artemis: The daughter of Leto and Zeus and the sister of Apollo. She, too, is on the side of the Trojans.Athena:  The daughter of Zeus, a powerful goddess of war strategy; for the Greeks during the Trojan War.Briseis:  The source of ill-feeling between Agamemnon and Achilles. Briseis had been awarded to Achilles as a war-prize, but then Agamemnon wanted her beca use he had been obliged to give up his.Calchas:  The seer who told Agamemnon that he had angered the gods and must fix things by returning Chriseis to her father. When Agamemnon obliged, he insisted that he receive Achilles prize Briseis instead.Diomedes:  An Argive leader on the Greek side. Diomedes wounds Aeneas and Aphrodite and routs the Trojans until the son of Lycaon (Pandarus) hits him with an arrow.Hades: Is in charge of the Underworld and hated by mortals.Hector:  The lead Trojan prince whom Achilles kills. His corpse is dragged around in the sand (but by the grace of the gods, without destruction) for days while Achilles vents his grief and anger.Hecuba:  Hecuba is the Trojan matriarch, mother of Hector and Paris, among others, and wife of King Priam.Helen: The face that launched a thousand ships.Hephaestus: The blacksmith of the gods. In return for an old favor from the nymphs, Hephaestus makes a wonderful shield for the nymph Thetis son, Achilles.Hera:  Hera ha tes the Trojans and tries to harm them by getting around her husband, Zeus.Hermes:  Hermes isnt yet the messenger god in the Iliad, but he is sent to help Priam get to Achilles to ask for the corpse of his beloved son Hector.Iris: Iris is the messenger goddess of the Iliad.Menelaus: Helens aggrieved husband and the brother of Agamemnon.Nestor:  An old and wise king of Pylos on the Achaean side in the Trojan War.Odysseus:  The lord of Ithaca who tries to persuade Achilles to re-join the fray. He plays a much larger part in The Odyssey.Paris:  Aka Alexander, the son of Priam. Paris plays a cowardly role in The Iliad and is helped by the Trojans gods.Patroclus: The beloved friend of Achilles who borrows his armor to go lead the Myrmidons against the Trojans. He is killed in battle, which results in Achilles re-joining the fray to kill Hector.Phoenix: A tutor of Achilles who tries to persuade him to re-join the battle.Poseidon:  Sea god who supports the Greeks, basically.Priam :  Another old and wise king, but this time, of the Trojans. He fathered 50 sons, among whom are Hector and Paris.Sarpedon: The Trojans most important ally; killed by Patroclus.Thetis:  Nymph mother of Achilles who asks Hephaestus to make her son a shield.Xanthus: A river near Troy known to mortals as Scamander, and its god, who favors the Trojans.Zeus:  King of the gods who tries to maintain neutrality in order to make sure fate isnt thwarted; father of Trojan ally Sarpedon.

John Constable Free Essays

Constable, John – 1776–1837, English painter, b. Suffolk. Constable and Turner were the leading figures in English landscape painting of the 19th cent. We will write a custom essay sample on John Constable or any similar topic only for you Order Now Constable became famous for his landscapes of Suffolk, Hampstead, Salisbury, and Brighton. The son of a prosperous miller, he showed artistic talent while very young but did not devote himself to art until he was 23, when he went to London to study at the Royal Academy. Influenced by the 17th-century landscape painters Ruisdael and Claude Lorrain, his poetic approach to nature paralleled in spirit that of his contemporary, the poet Wordsworth. Constable’s direct observations of nature and his free use of broken color were extraordinary in his day. He received but modest recognition in England, being tardily admitted to the Royal Academy in 1829. His work was more popular in France. In 1824, his View on the Stour (1819) and The Hay Wain (1821; National Gall. London) were exhibited at the Salon in Paris, winning gold medals. His work made a profound impression on the French romantics including the young Delacroix and Bonington. Later his painting influenced the Barbizon school and, more indirectly, the general course of French 19th-century landscape art. In the United States he is represented in the Metropolitan Museum and the Frick Collection, New York City, in the Mellon Center for British Art, New Haven, Conn. , and in the galleries of Phila delphia, Toledo, and Chicago. Splendid examples of his work are contained in the National Gallery, London and the Victoria and Albert Museum. See catalogue of the latter collection by G. Reynolds (1960); C. R. Leslie, Memoirs of the Life of John Constable (enl. ed. 1937); collections of his letters by P. Holmes (1931) and R. B. Beckett (1962); biography by B. Taylor (1973); studies by C. Peacock (rev. ed. 1972) and R. Gadney (1976). The Columbia Encyclopedia, Sixth Edition Copyright © 2004, Columbia University Press. Licensed from Lernout Hauspie Speech Products N. V. All rights reserved. How to cite John Constable, Papers

Financial Accounting And Human Resource Management

Question: The following context is provided for the questions. You have recently been appointed as a Manager for the Procurement Cost Unit at Braemer Shipping Ltd. Your employment starts on January 1st Year 0, and you find in place a 12-month budgeted Income Statement as presented below. Figures are expressed in GBP (000). Braemer Shipping Ltd - Procurement Unit Budgeted Income Statement for the 12-month period Year 0 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total Sales revenues 52 55 59 65 55 53 57 59 62 65 68 72 722 Cost of sales (30) (31) (34) (37) (31) (31) (33) (34) (35) (37) (40) (42) (415) Salaries wages (10) (10) (10) (10) (10) (10) (10) (10) (10) (10) (10) (10) (120) Electricity (6) (6) (5) (4) (2) (2) (2) (2) (3) (5) (6) (7) (50) Depreciation (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) (24) Other overheads (3) (3) (3) (3) (3) (3) (3) (3) (3) (3) (3) (3) (36) Total expenses (51) (52) (54) (56) (48) (48) (50) (51) (53) (57) (61) (60) (641) Profit 1 3 5 9 7 5 7 8 9 8 7 12 81 The business policy on trade receivables and trade payables is 30 days credit. Hence customers who receive an invoice in January will only pay in February and likewise, invoices received from the business suppliers in January will be paid in February. Prior to your arrival, the cash account has a credit of 70 from December of the previous year (Y -1) which is brought forward to January, giving you an opening cash balance of 70. Sales revenues in December Y-1 were 45 and costs of Sales 38. Three months into the job you are invited to attend Senior Management meeting, to which you propose that some changes be made to the existing policies, and these are: Starting April, suppliers will be paid after 60 days; As from July, inventory levels will be reduced by 3 per month in July, August and September to align with the low trading season, and will increase again by 8 per month in October, November and December to maximise sales revenues generated by consumers spending spree; As from April, electricity costs will be paid quarterly; The equipment for warehouse handling must be disposed of in December and a new system put in place using a standard 6 year leasing agreement. Senior Management has agreed to all your suggestions, and you can now implement them on schedule. Activity 1 on cash budget Prepare a cash budget for the 12-month period of Year 0 reflecting the effects of your new proposals. Activity 2 on budgeted P/L account and cash budget Using the budgeted Income Statement for Year 0, prepare the Income Statement forecast (budgeted) for year Y+1. Assumptions are: Electricity costs will decrease by 1 each month Sales revenues will increase by 5 each month Leasing fees on new equipment is set at 3 per month and the bank has arranged for the supplier to install it on January 03 of Year (Y+1). Prepare the cash budget for Y+1 on the basis of the assumptions listed above, AND including the changes you introduced in Year 0 cash budget. Briefly discuss the effects of your initiatives on the profitability of the business. Activity 3 on fixed asset The equipment used in the warehouse was bought 3 years ago (Y-3) at acquisition cost of 150 with a five years life and a residual value of 30. You can sell it on the market for 95 and buy a more energy efficient equipment. This sale will be realised on December 31, Y0, but the leasing agreement on the new equipment will be effective the following year (Y+1). You need to prepare the fixed asset statement for this equipment at the end of Year 0. Answer: Introduction A budget is defined as a long term plan which helps the business to estimate the level of expenses and the level of profit that the Business will earn in the future years. The organizations generally formulate different monetary plans and policies and make the expenses and the profits accordingly to facilitate a new budget. The plan in the budget helps the company to make sales and demand forecast. According to Samkin (2010) the importance of budget is as follows: To help the management perform, review and control To ensure that the business is moving according to plan by comparing the actual results with the budgeted results To take appropriate actions when disparity is noticed between the actual plan and the budgeted expenses The report here deals with the preparing of the cash budget of Global supply chain of Kawaski. The report shows the profit and loss statement as well as the cash budget statement for year Y+0 and the cash budget statement for the year Y+1. 1. Cash budget for 12 month period of Year 0reflecting the effects of new policy Cash Budget Year + 0 Jan Feb Mar April May June July August September October November December Trade receivables 65 52 55 59 65 55 53 57 59 62 65 68 Trade payables -35 -29 -31 0 -34 -36 -31 -29 -33 -34 -35 -36 Salaries -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 Electricity -2 -3 -4 0 0 -6 0 0 -5 0 0 -15 Overheads -3 -3 -3 -3 -3 -3 -3 -3 -3 -3 -3 -3 Total -50 -45 -48 -13 -47 -55 -44 -42 -51 -47 -48 -64 Cash Surplus 15 7 7 46 18 0 9 15 8 15 17 4 Opening balance 50 65 72 79 125 143 143 152 167 175 190 207 Closing balance 65 72 79 125 143 143 152 167 175 190 207 211 The cash budget for Y+0 shows the trade receivables same as the given income statement. Before January trade receivable of 65 was incurred and hence the same has been included at the beginning of Y+0 Budget sheet (Modell, 2010). The same has been done in case of Trade payables. April is shown to be zero because from April the new policy of 60 days has been implemented. The electricity costs from April are made on quarterly basis and also reduced by 1 every month to cut the expenses as well as energy efficiency. 2.1 Forecasted P/L for year Y+1 Budget Profit and loss for year Y+1 Jan Feb Mar Aprl May June July August September October November December Sales revenue 55 58 62 68 58 56 60 62 65 68 71 75 Cost of sales -29 -31 -34 -36 -31 -29 -33 -34 -35 -36 -37 -39 Salaries and wages -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 Electricity -3 -4 -5 -5 -2 -2 -2 -3 -3 -5 -6 -7 Other overheads -3 -3 -3 -3 -3 -3 -3 -3 -3 -3 -3 -3 Total expenses -45 -48 -52 -54 -46 -44 -48 -50 -51 -54 -56 -59 Profit 10 10 10 14 12 12 12 12 14 14 15 16 2.2 Cash budget of Y+1 year Cash budget Yr 1 Jan Feb Mar Arpl May June July August Sept Oct Nov Dec Trade Receivables 71 55 58 62 68 58 56 60 62 65 68 71 Trade payables -35 -36 -29 -31 -34 -36 -31 -29 -33 -34 -35 -36 Salaries -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 Electricity 0 0 -9 0 0 -6 0 0 -5 0 0 -15 Overheads -3 -3 -3 -3 -3 -3 -3 -3 -3 -3 -3 -3 Total expenses -48 -49 -51 -44 -47 -55 -44 -42 -51 -47 -48 -64 Cash surplus 23 6 7 18 21 3 12 18 11 18 20 7 Opening balance 211 234 240 247 265 286 289 301 319 330 348 368 Closing balance 234 240 247 265 286 289 301 319 330 348 368 375 The year Y+1 budget have been prepared keeping in mind the changes in the previous budget. The opening balance has been derived from the closing balance of the Y+1 budget. This has helped the management to compare both the budgets so as to get a fair knowledge about the effectiveness of the policies (Horngren, 2013). 2.3 Techniques of working capital management Weetman (2010) opined that a direct relation between the working capital management and the budget affects the cash position of the business. Hence if the policies are made to control the budget then the policies will have a direct effect on the working capital structure of the company. The main components of a budget are Trade receivables and the trade payables. Horngren (2013) suggested that working capital cycle is in a simpler sense known as the Trading cycle. Hence the change in the days of trade receivable and trades payable makes changes in the budget as well as the working capital cycle of the company. For this reason to keep parity between the two the company can use two different policies namely the subjective approach and the objective approach. The other approaches that will help the company to prepare the budget are the determination of the Economic order quantity which will help the company to decide how much of a particular item should be ordered when the stocks reach replenishment level. Moreover the control of the trade payables is also a major issue of managing the balance. The trade payables arise when the business buy goods on credit (Epstein and Lee, 2010). To make timely payment of the trade payables the company must have a positive trade receivable policy. Here the trade receivable policy is 30 days and the trade payable policy is 90 days. This is giving the business sufficient time to collect money from the debtors to be able to make payment to the creditors. However Atrill and McLaney (2013) opined that if the trade payable cycle is less than the trade receivable cycle then the business would have to pay cash from store and this will in turn reduce the liquidity of the business. 3. Effects of disposal of equipment on business worth The 5 major T accounts that can be used for the calculation of the effect of fixed asst disposal as well as the effect of depreciation are namely fixed assets account, cash account, accumulated depreciation account, disposal of asset account and Profit and loss account (Blocher, 2013). Step 1: Debit Fixed asset a/c by 250 Step 2: Depriciation of (250-50) / 5= 40 is credited to accumulated depreciation a/c each year and debited to P/L account. Step 3: After three years the accumulated depreciation is 120 Step 4: The sale price is fixed at 110. At this point the accumulated depreciation is 120 making a net book value of (250-120) = 130 Step 5: The sale results is loss of 20. Step 6: closing of the accounts The fixed asset account will be closed by creating a disposal of fixed asset account and debiting the account by acquisition costs that is 250. The disposal account will further be credited by 110 of the sale price. The accumulated depreciation account will be closed by debiting 120 and crediting the disposal of fixed asset account. Step 7: Calculation of the net worth Sale + accumulated depreciation- acquisition cost = (110+ 120) 250 = (20) The amount is added to the loss of the year and will go to the shareholders funds to balance the net worth in the balance sheet. P/L account for Y-2 Jan Feb Mar Aprl May June July August September October Novemeber December Sales revenue 55 58 62 68 58 56 60 62 65 68 71 75 Cost of sales -29 -31 -34 -36 -31 -29 -33 -34 -35 -36 -37 -39 Salaries and wages -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 -10 Electricity -3 -4 -5 -5 -2 -2 -2 -3 -3 -5 -6 -7 Leasing fee -4 -4 -4 -4 -4 -4 -4 -4 -4 -4 -4 -4 Other overheads -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 Total expenses -48 -51 -55 -57 -49 -47 -51 -53 -42 -57 -59 -62 Profit 7 7 7 11 9 9 9 9 23 11 12 13 4. Report analysis The Report shows the cash budget preparation of both Y+0 and Y+1 years. Since the changes in the polices have been made in order to prepare a new budget for Y+1 hence the report tries to analyze the changes in the cash flow registered due to changes made in the budget as the policies. The trade cycle has been changed which shows a positive effect on the cash balance of the Y+1 year. The trade receivable time has been decreased to 30 days which means that the company will be able to realize the cash faster. On the contrary, the trade receivables policy of the company has been increased to 90 days which means that the company will have ample amount of time to utilize the cash received for the payment of the creditors Finally the policy of reducing the electricity charges by 1 each month is a noble decision on the part of the management because it not only provides sustainable side to the company but also reduces the expenses thereby increasing the cash surplus. Another decision of making the quarterly payment of the electricity expenses showed a rise of the cash surplus in the quarters where the company did not need to make any payments. However it can be seen that a quarterly payment may increase the burden of the company to make overall expense payment in one month. Reference list Books Atrill McLaney, 8th edition. 2013.Accounting finance for Non-Specialists, pp.307-342. Blocher, E. (2013).Cost management. New York, NY: McGraw-Hill/Irwin. Epstein, M. and Lee, J. (2010).Advances in management accounting. Bingley: Emerald. Horngren, C. (2013).Introduction to Management Accounting. Harlow: Pearson/Education. Weetman, P. (2010) Management Accounting, Chapters 1 2. Journals Modell, S. (2010). Bridging the paradigm divide in management accounting research: The role of mixed methods approaches.Management Accounting Research, 21(2), pp.124-129. Samkin, G. (2010).Qualitative research in accounting management. [Bingley, UK]: Emerald.

Auto Pact Essay Example

Auto Pact Paper In May of 2000 the World Trade Organization (WTO) ended the Canadian made Auto Pact.The Auto Pact was an agreement constructed by Pierre Trudeau in 1965 that allowed companies to bring auto parts and vehicles from anywhere in the world into Canada without any tariff, but with two conditions.One condition was a requirement of commitment to jobs in Canada, manufacturers had to produce one car in Canada for everyone they sold.They also had to maintain a Canadian Value Added (CVA), which basically means no depreciation on Canadian made machinery and that parts in assembly were also made in Canada.Automotive trade markets are among the most open in the world.They maintain no tariff barriers.This treaty kept North America happy however; the overseas companies were left with the shorter end of the stick. This caused the fall of the Auto Pact.The Auto Pact is too important to Canada, and Canada will suffer extreme losses.(reword) (give the main points) The 1965 Auto Pact is Canadas most succ essful trade agreement.We should be kissing his ass, says the wise yet youthful Jon Cooper as he refers to Trudeaus ingenious scheme.It is a building block of Canada.Since signing the Auto Pact, the Canadian automotive industry has enjoyed enormous growth.Production and automotive manufacturing employment have increased 200% and automotive shipments grew from $2.2 billion in 1964 to $70.5 billion in 1995. The main two focuses of Trudeaus were exports and employment.Trudeau increased the automotive sales from a once scarce Canadian industry into its top export.His other concern, creating employment doubled.Without the Auto Pact enforcing these numbers they will fall.The Canadian Auto Workers (CAW) president Buzz Hargrove said at the Caw Joint Council meeting in December 2000 that the Auto Pact was: A trading pact that has meant so much to the growth of the

Medicare United States Essay Example

Medicare United States Essay Example Medicare United States Paper Medicare United States Paper The government program which provides health insurance coverage to people 65 years and over in the United States is known as Medicare. Medicare is a single player health care system. A single player health care system is a system under which health care providers are only paid from a single fund. This system is considered to be a system of universal health care. It was signed into law on 30th July, 1965 by President Lyndon B. Johnson as a change to the social security legislation. When it was ratified President Johnson presented former President Harry S.  Truman with the first Medicare card making him the first beneficiary of Medicare in the United States (SeniorJournal. com, 2001). The true history of the program however goes back to 1945 when then President Harry S. Truman requested congress to create a national health insurance program. Due to the opposition of the Soviets at the time and rejection of communism, the dangers of socialized medicine were fiercely debated for the next 20 years. By the end of his term Truman backed away from his plan for universal health care. However, his rivals in the social security administration and other sections of government ran with the idea of insuring social security benefactors. When it was signed into law as part of Lyndon Johnson’s great society the Medicare Part B premium was three dollars a month. Part B premium serves the outpatient basis of the medical insurance and is geared towards those individuals who are retired or no longer working. Then in 1972 the program was expanded to include disabled individuals who were under 65 years of age and those with end stage renal disease were also enabled to receive coverage. It also expanded to include chiropractic services and other forms of therapy such as speech and physical therapy. This was also the year that payment to health maintenance organizations began and the supplemental security income for the elderly and disabled poor was established to automatically give these recipients coverage under Medicare. In 1982 the program expanded to include hospice treatments on a temporary basis to assess the financial costs of these institutions. The benefits would not become a permanently ratified until 1986. Then in 1983 they changed their system of payment from one of reasonable cost to a case by case basis based on the diagnosis for in-patients in hospitals. In 1984 the President, federal employees, members of congress and federal judiciary also became covered by Medicare. In 1988 a major overhaul of the Medicare program was made in order to provide benefits for life threatening illnesses and prescription medication, it was cancelled the very next year. This was followed by coverage for routine mammographies in the same year. The next year coverage for pap smears started and physicians were now paid based on their schedules. In 1997 the balanced budget act was passed which enabled various providers from Medicare to have their funding reduced. This was enacted under the Medicare choice program which provided advantages to those individuals who are financially burdened. However, congress soon revisited this act due to pressure in 1999 and passed the Balanced Budget reform act which returns some of the cuts to the providers. These returns were increased by the 2000 Budget improvement and protection act (SeniorJournal. com, 2001). Thus, in 2000 the Medicare Choice final rule took effect. At this time the Medicare Part B premium was at forty five dollars and forty cents a month. Inaugurating it in 2001 and launching it in 2002 Medicare started a new program known as Quality Initiative. This was a new program which encompassed not only quality monitoring by independent surveyors. But also pay for performance plan along with the hospital compare website. They also eventually revealed that they would no longer offer payment for treatment of hospital acquired infections and problematic hospital events. In 2006 they began a prescription drug coverage program. This at a monthly premium puts individuals on a drug plan to cover their drug costs. The current premium for Medicare part B is ninety six dollars and forty cents per month (Centers for Medicare and Medicaid Services, 2005) (Medicare, 2009). A look at the government website for Medicare and the Centers for Medicare and Medicaid do not reveal the mission statement for the organization. What is present however is what the program actually entails in terms of services. As mentioned before Medicare is a health insurance program for people of ages 65 and over who may have certain disabilities and also those of all ages with End Stage Renal Disease. It provides three types of insurance. Part A is hospital insurance which covers the costs of hospital care, hospice care and inpatient care. It may not be required to be paid if the payroll tax of an individual pays for it. Part B medical insurance is the type which covers outpatient care and doctors services. It also covers certain other physical and occupational therapies in health care and is bought with a monthly premium. The third is prescription drug coverage which covers the individual’s drug plan for a monthly premium (Centers for Medicare and Medicaid Services, 2005). In terms of the criminal justice system Medicare does not pay for those individuals who have been sent to prison since they lose their social security on incarceration. However if an individual pays their premiums for Medicare B directly they are still eligible for the program. Otherwise their Medicare benefits will run out in 3 months. They also lose coverage under the drug prescription plan. In the case of individuals who are in psychological institutions for the criminally insane and in nursing homes serving out their sentence are covered under the Medicare part B program (Bazelon Center for Mental Health Law, 2009). If we look at the financial records of Medicare for the past three years, i. e. from 2007 to 2009 we find that Medicare has faced striking loses and financial challenges. According to the April 2007 report the Health Insurance Trust Fund which gives finances to part A of the Medicare plan will no longer be viable after the next 20 years. Meaning it will dry out in 2019. Once it is gone Medicare will turn to payroll taxes to cover the costs of 79% of part A. The 2007 report was also the first one which included the Medicare funding warning. This was due to the fact that this was the second report which stated that the in the next seven years 45% of all funding for Medicare would come from common revenues (Aflcio. org, 2007). The 2008 financial report contained information which stated that the estimated health insurance deficit over the next 75 years was expected to be around thirteen trillion dollars. To eliminate this problem the only foreseen solution was to increase payroll taxes by 122% or to reduce benefits by 51% or some combination of both and that failure to do so would result in even greater increases and reductions. The report also spoke of the problems of the long term sustainability of Medicare with the rising cost of Health Care in the United States. The report also stated that due to these expenses Medicare would continue to be a burden, relying on the country’s GDP to function. They said that Medicare spent 3. 2% of the country’s GDP in 2007 and is estimated to spend 6. 3% in 2030 and 10. 7% in 2080 (American Academy of Actuaries , 2008). In 2009, the report once again showed the financial failings of the Medicare organization. It now reported that the Health Insurance fund would empty out in 2017 two years sooner than predicted in 2008. The report also said that the benefits given out by hospitals this year will outpace the earnings to such an extent that it will result in bankruptcy by 2017. This year they said that the Health Insurance deficit would require an immediate 134% increase in payroll and 53% reduction in benefits or some combination of the two with the total deficit over the next 75 years totaling 14 trillion dollars (American Academy of Actuaries, 2009). A critical analysis of the effectiveness of Medicare finds that Medicare has failed to perform adequately for several years and its performance in the 2009 fiscal year was not satisfactory. Not only have they not taken any steps to curtail the projected deficit. Since 2004 the costs of the Medicare program have exceeded income from payroll tax revenue forcing the program to rely on interest earnings to help pay benefits. Furthermore immediate action needs to be taken to insure that the Health Insurance Trust Fund which is on it way to depletion in 2017 is preserved. As the reliance of Medicare on GDP grows it is predicted that social security costs will grow along with it. This is because after 2010 the number of people receiving benefits through Medicare and social security will sharply increase. It is expected that the part B premiums will increase in the ensuing years as beneficiaries will have to pay more due to ever increasing health costs. However, by law since the Part B premium cannot exceed the cost of living adjustment provided by social security. Thus, nearly 75% of the Medicare beneficiaries will not pay increased premiums placing the financial burdens on the rest of the 25% of the population (American Academy of Actuaries, 2009). It is also expected that since the prescription drug plan is not subjected to any legislation, the prices for its premiums will dramatically increase over the next few years. The current business model employed by Medicare quite frankly is a disaster of epic proportions. With the current recession of the economy in the United States and the ever increasing cost of health care, it is not conceivable for Medicare to maintain any form of profitability or stability long term in this market. Not only that but shareholder and consumer confidence along with an overwhelmingly negative perception of the general public will curtail any efforts by Medicare to rectify its earning procedures for years to come. Thus eventually Medicare will not only become unsustainable for its beneficiaries but also for the federal government. Since the substantial increase in health care cost and increasing complexities of the health care system will be a dominant force in the industry over the next few years. It is essential that Medicare streamline its operation and keep costs down while keeping consumer confidence up. In order to do this they must completely abandon the current Modus operandi they have adopted and turn towards creating a new plan that is customized towards providing a standard form of service rather than awarding cash on a performance basis. Additionally, they must insure that their new programs are not only more streamlined but are also created to insure the best health care possible for their consumers. It is inevitable that the price of the Medicare premiums will increase over the next few years. However, if Medicare changes its modes of operation from stressing quick cures to instead creating an emphasis on primary prevention the long term benefits on the civilian population and the organization will be incalculable. It is through this means that they will create a more standardized approach towards medicine and prevent the occurrence of more life threatening diseases that are considered a financial black hole. Meaning these diseases require years of funding to treat patients with no guarantee of recovery. However, it is much more likely that Medicare wills continues it current mode of operations and will continue to employ the use of the failed Quality Initiative. With increasing Job losses and a recessive economy it is doubtful that the organization will find its way back to profitability and become free of the aid it is receiving from the GDP of the United States and the Health Insurance Fund. Additionally it is conceivable that Medicare will abandon all the programs it consider non essential. Among those will be programs which are geared towards the medical aid of felons or sex offenders. It is possible that the health benefits afforded to senior citizens in nursing homes may be revoked in an effort to increase funding for the organization. It is equally plausible that Medicare will possibly outsource some of its businesses to local prisons such as their help lines and customer relations due to budget concerns and deficits. However, it is inevitable that in the end no amount of funds will help the organization return to a mode of profitability. It has been suggested by the republican body recently that it may be more prudent for congress to scrap the program completely in favor of a more contemporary approach. In my opinion I believe that is a much better option over the wait and see approach the Medicare has obviously adopted over the last few years. It is true that an immediate increase in payroll tax and an immediate reduction in benefits will alleviate the actuarial balance within the next few decades. However, the long term sustainability of such a plan is whimsical at best. Additionally one must consider if the longitivity of this organization is based solely on the success of these factors, then their increase within the next few decades is assured creating a greater burden on the populace. The financial difficulties that face Medicare today are not as simple as they appear. Nonetheless it is apparent that reform of the organization is essential to its long term survival. Its biggest concern is sustenance without sacrificing the quality of care of its individual. However, with ever increasing cost of health in the United States, its possible that might just happen. References Aflcio. org. (2007). Medicares Financial Condition. Retrieved May 30, 2009, from Aflcio. org: aflcio. org/issues/healthcare/financial. cfm American Academy of Actuaries . (2008, March). Medicares Financial Condtion: Beyond Actuarial Balance . Retrieved May 30, 2009, from American Academy of Actuaries : actuary. org/pdf/medicare/trustees_08. pdf American Academy of Actuaries. (2009, May). Medicares Financial Condtion: Beyond Actuarial Balance. Retrieved May 30, 2009, from American Academy of Actuaries: actuary. org/pdf/medicare/trustees_09. pdf Bazelon Center for Mental Health Law. (2009). Bazelon Center Fact Sheet Medicare p. 2. Retrieved May 30, 2009, from Bazelon Center for Mental Health Law: bazelon. org/pdf/Factsheet-Medicare. pdf Centers for Medicare and Medicaid Services. (2005, December 14). Overview. Retrieved May 29, 2009, from Centers for Medicare and Medicaid Services: cms. hhs. gov/MedicareGenInfo/ Medicare. (2009). Medicare premiums and coinsurance rates for 2009. Retrieved May 29, 2009, from Medicare: http://questions. medicare. gov/cgi-bin/medicare. cfg/php/enduser/std_adp. php? p_faqid=2100 SeniorJournal. com. (2001). Brief History of the Medicare Program. Retrieved May 29, 2009, from SeniorJournal. com: http://seniorjournal. com/NEWS/2000%20Files/Aug%2000/FTR-08-04-00MedCarHistry. htm

PROJECT MANAGEMENT Essay Example | Topics and Well Written Essays - 2750 words

PROJECT MANAGEMENT - Essay Example This report is based on a case related to National Program for IT that has decided to abandon the ?12.7 billion project after years of delays (Campbell, 2011). NHS project has been cancelled because of lack of planning as improper planning has been identified as the most important reason for the failure. There have been several problems throughout the project that will be discussed in the report. This report will highlight the importance of project management techniques, processes and planning in order to accomplish the goals of the projects and will apply the technique with respect to NHS project. Furthermore, this report will discuss about the differences in managing a small project and a large project. Also the report will critically evaluate how the management of NHS managed the project and how the project was planned and how it has been carried out. In addition to this, the report will also analyse the execution of the plans by the management and how risk management techniques a nd proper costing and staffing techniques would have appreciated the project value. The report will then critically evaluate things that went wrong and became the reason for the abandonment of the project and then suggestions and recommendations have been given that could have improved the process and increased the chances of successful completion of the project. PROJECT MANAGEMENT PROCESS AND PLANNING: There are different techniques that are used by project managers in order to successfully complete the project. Project life cycle is the most widely used concept in project management and it is defined as different phases that a project would undergo throughout its life. The project life cycle will also be applied on the NHS project and then it will be analysed whether the project went through its different phases properly or not. A typical project has five phases and these phases include (Bedford and Cooke, 2001): 1. Initiation 2. Planning and Design 3. Executing 4. Monitoring and Controlling 5. Closing (CostField) Initiation is the first phase of the five phases of the project lifecycle and during this phase of the project lifecycle, the strategies along with the targets and objectives of project are defined as to what the project is about and what the project manager would like to achieve from the project. There were flaws when it comes to the NHS project as the goals and objectives were not clearly defined and the strategies were also ambiguous thus the problems can be seen from the very first phase of the project life cycle. After defining the goals and objectives of the project, the project manager in the second phase plans and designs different tasks that he or she would like to accomplish in order to complete the whole project. Work break down structure is one of the most widely used techniques in order to define and break the whole project into different small tasks (Cleland and Gareis, 2006). Although the project was divided into different tasks but the management was not able to achieve the deadlines of these tasks and thus it lead to delay in the overall project duration. By dividing the whole project into different tasks, the project manager is also able to assign these tasks to different employees and manage the

Logistics Management in Ocean Shipping Essay Example | Topics and Well Written Essays - 3250 words

Logistics Management in Ocean Shipping - Essay Example The issues like climate change dominate the future and result in headlong rush of western economies to offshore manufacturing to lower cost countries in the east. Further financial cost of delivering goods across the world has always been a fundamental element of trading and decisions of logistician is largely influenced by high environmental costs (www.pmcontent.com)1. Magee et al (1985:1) mentioned that high quality and high efficiencies have become the characteristics of the production and physical distribution operations of many foreign competitors concerned the companies in United States challenging some of their basic tenets. According to Frazelle (2001:10) global logistics is the flow of material, information and money between countries connecting suppliers' supplier with customers' customer internationally. Global logistics flows have increased dramatically during the last several years due to globalization in the world economy expanding use o trading blocs and global access to Web sites for buying and selling merchandise. It is much more complex than domestic logistics due to multiplicity of handoffs, players, languages, documents, currencies, times zones and cultures that are inherent to international business. According to Singh et al (1998:1) logistics management is unique and represents and paradox as it is concerned with one of the oldest and newest activities of business and government. It is further stated that logistics system consists of facility location, forecasting and order management, transportation, inventory, warehousing and packaging which were all being practiced since the start of commercial and industrial activity. Brewer et al (2001:12) states that logistic systems utilize a wide range of resources and services within and external to individual companies which is likely to happen because of wide range of functions that logistics encompass in procurement and distribution. It is further stated that achieving high level of performance in logistics is important for the profitability of companies and for the efficiency of national economies as well as global economy. The interactive effects of the productivity of national and international logistics increase because international trade increases as a percentage of the national domestic activity. Logistics is that part of supply chain process that plans, implements and controls the effective forward and reverse flow and storage of goods, services related information between the point of origin and the point of consumption in order to meet the customers' requirements. Logistics management is important in relation is issues like transportation costs, large distribution costs, deregulation, changing strategies, technology and globalization (Kritika and Madhu, 2008)2. Cavanagh et al (2002:163) mentions that there has been a massive increase in ocean shipping, highway transport, air cargo transport, rail with a tremendous corresponding increase in infrastructural develo pment with export production as a central feature of free trade. Ocean shipping has expanded more than tenfold since 1950s mainly because of increased commodity export activity from economic globalization which accounts for more than 90% of commodity trade shipments with the

Platos Theory Of Forms

Platos Theory Of Forms State Of Thesis: Knowledge is power. Without knowledge a person is nothing. One has nothing to talk about or argue if a person has knowledge with him. And knowledge should be about something or nothing. Introduction: It took 40 years of his career to write about this theory. The theory was re- written various times in this time of span but the theory was never written in a proper manner and the arguments never came to a conclusion. According to Plato knowledge exists and knowledge exists for something or nothing. But if knowledge was about nothing then it would not be knowledge. Knowledge is always about something because one cannot argue about something which has no worth or is nothing for someone. Always a person argues ort talk about something which is worth of something or has some background to talk on. Plato also argued about what knowledge is all about, it should be physical or non physical. For physical things there is no knowledge because physical things change where as knowledge never changes. Knowledge never changes where as the ways to deliver can change. So the nature of knowledge should be non physical and long lasting because knowledge never fades away. So knowledge e xists and because knowledge exists so do Platos forms of theory exist, because the forms are the only thing which justify and have knowledge about. Reincarnation And The Theory Of Recollection It is not frequently observed in this connection, but Plato has come up with another argument related to the existence of the forms. The existence of the forms (and the preexistence of the soul) offer the best way out of the dilemma of the Meno and the best explanation of how an uneducated farm boy could solve a difficult problem in geometry. In this scenario called Meno, there are two statements and the statements are as following. To search for knowledge is futile because either: A. You know what you are looking for (so you already know). B. You dont know what you are looking for (so you cant know if you have found it). In the above scenarios, in scenario A its useless to find knowledge because you know about it and in scenario B its useless to find knowledge because the search of knowledge is useless because knowledge is wide and vast that a person will never stop searching about it. So the search for knowledge is totally pointless. Platos answer to this scenario is to say that knowledge is all about remembering things, keepin things in mind. That is to say we do already know things but they are like being on the tip of your tongue. You wont search forever because you will remember it explicitly when you come across it or your memory is aided by a few hints. Arguments On Platos Theory Of Forms. There are many arguments on the forms and they are stated as following. The argument from Trivial or Unworthy Forms. This is the disagreement from Trivial or Unworthy Forms. The fundamental principle is for every predicate there is a corresponding form. Platos clarification of why something is a dog, say, is because it participates in the form of dog or doges. This would seem to imply that whatever we have a general term there must be a corresponding form for it in Platonic heaven. But there is a worse problem deriving from self -predication. For Plato the good should be good and the truth should be true and things like that. The One Over Many Argument. Parmenides then zeroes in on the relation between particulars and forms. The One over Many Arguments If a form is in each particular, then: A: The whole of the form is contained in each of the parts (The form of dog is in each dog) B: Only part of the form is in each particular. (Only part of the dog is contained in each dog) If A, then no harmony of the structure, it is many not one. If B, then it becomes many by division, therefore there will be no unity again. The Third Man Argument. The objection arises on the basis of the following principal. If two objects have a particular property, then they are so in virtue of their participating in a form (a third form for example a man). Socrates then suggests that the relation between forms to particulars is like patterns (models, archetypes) to copies. It is a relation of likeness. Parmenides: The relation of A to B (likeness) is symmetrical, i.e. A to B to A But the third man is reinstituted. If object A is like B due to its likeness to form, then the likeness of B to form à ¸ must be explained by its likeness to some third, so on ad infinitum. Objections to the theory: The objections to the forms are that they are moral and use words like just beautiful and goo. Another objection is on natural things such as human being and natural stuffs and undignified things like hair, mud and dirt. Platos respond to objections: To the mud criticismHe might maintain that mud is made up of other forms (earth, fire, water, air, etc.). If he did this, he would have to abandon the every predicate has a form principle. To the one over the many criticism there doesnt seem to be a reply. Plato describes this relation as largely a metaphor, but this will not do. It leaves things unexplained. Conclusion: Knowledge is everything. One should have enough knowledge to know about things. Knowing everything is not possible. Every person knows different things its just the matter of fact to remember those things the right time and one needs some hints to remember things. If we dont know the forms, we know nothing. But we do know something, therefore we know the forms.

Engage in personal development in health, social care or children’s and young people’s setting Essay

My duties and responsibilities as a foster carer are many, i must have child A best interests at heart at all times, i provide a safe and stimulating environment for child A to develop to the best of her ability, to keep her safe from harm and abuse. I must make sure all her appointments e,g doctors dentist and language and speech are attended and up to date and recorded. That child A is taught about personal hygiene and why it is so important to do this daily , where ever she may be living. Be a positive role model for her, show her i am there for her to depend on and what i say i mean and do, help her with her school work giving positive praise for the smallest of tasks. To give her new experiences help her to develop her social skills, give her ways to show how she’s feeling, talk and listen to her about what’s going on, show her that her that she is important , that her views and feelings matter, keep her well informed of what’s happening on her behalf , doing all this and keeping confidentiality. For me to carry this out to the best of my ability i attend regular training for me to develop the skills i need , also attend meetings with appropriate people e,g social workers, key workers, guardians, teachers and any other professional that has an influence on child A’s life. I also attend a support group that has talks about different issues that may occur and a chance to talk to other foster carers and social workers about any concerns i may have in a confidential setting. I also keep records, daily logs which are kept locked away for confidential reasons, on how child A is doing, and her positive behaviour also any concerns I may have. I also take child A to contact on a few occasions during the week, having a positive relationship with the people child A sees is a positive experience for her. 1.2 This QCF is based on The National Occupational Standards that you are expected to meet in every unit. Explain the expectations about your own work role as expressed in relevant standards ie Code of Practice, National Minimum Standards, National Occupational Standards. Health and safety at work act 1974 all electrical equipment working correctly, all gas appliances safe to use, these are to be checked yearly by qualified people. No hazards that can cause slips trips or falls. That all hazardous substances are locked away. All outdoor areas are safe from harm. All vehicles that are used are road worthy. That household hygiene is paramount at all times. That pet are well behaved. That general safety is maintained at all times. Childrens act 2004 , every child matters :- 5 core outcomes, Be healthy:-promote physical, emotional, mental health. Stay safe :- keep them safe from maltreatment , neglect, violence and sexual exploitation , accidental injury and death, bullying and discrimination. Enjoy and achieve :- support leaning, attendance at school, stretching abilities. Make a positive contribution: – encourage making choices , being involved, promoting good behaviour. Achieve economic well-being :- encourage further education, better lifestyles. Care council for Wales, code of practise for social care workers :- As a foster carer i must protect the rights of child A promote her interests , gain her trust and build her confidence, promote her independence, but keeping her safe at all times. Respect her rights and choices as long as they cause no harm to herself or others. Be accountable for my work, take responsibility for my actions and maintain and improve child A’s knowledge and skills, do any relevant training for me to be able to carry out my role effectively. 2.1 Explain giving three reasons why reflective practice is important in continuously improving the quality of service provided I feel reflective practise is very important within my role as things change all the time, i have to be able to adapt to any given situation and deal with it at that time, by looking back at what you did, will help you to see if you could have dealt with the situation differently, if it occurs again or a similar situation. The environment, age and development, life experiences, training are all factors. Reflective practise helps to improve my quality of care, increases my confidence learning and through experiences, no-one is right all of the time. 2.3 Describe how your own values, belief systems and experiences may affect your working practise. As a adult i cannot remember being told â€Å"i love you† being hugged or any signs of affection being given, but i do know i was loved. I have brought into my family hugs whenever wanted or needed or just a hug for no reason, i tell my daughter and child A i love them every day, and i do. (if this is what the child wants). 4.1 Identify 3 sources of support available to you for planning and reviewing your own development. I receive support and encouragement from my QCF assessor, my key worker and the children i work with, within my role and family life.

Case for Analysis Marching Towards Market Essay

Introduction Whirlpool Corporation is a Fortune 500 company and a global manufacturer and marketer of major home appliances, with annual sales of approximately $20 billion. Whirlpool entered the Indian market in the late 80s, and had entrenched itself as a formidable player in the Indian home appliances market by the mid 1990s, with a comprehensive product portfolio covering washing machines, refrigerator, microwave ovens and air conditioners. Today, Whirlpool is one of the most recognized brand in home appliances in India and holds a market share of over 20%. While Whirlpool is an acknowledged player in many of the water purifier markets across the world for the past several years now, Whirlpool entered the growing water purifier market in India in 2008. Given its focus on â€Å"attaining market leadership through Customer loyalty†, Whirlpool aspires to be the market leader in the water purifier market by 2012. This case presents the situation of the water purifier market in India, and poses challenges that Whirlpool will have to overcome to achieve its vision of becoming the market leaders. Drinking Water : A perspective Even as world bodies and governments across the continents are strategizing to manage the growth humanity in a holistically sustainable manner, availability of safe drinking is a major area of concern for all. As high as 884 Mn people in the world do not have access to safe water. This is roughly  one in eight of the world’s population. 1.4 million children die every year from diarrhoea caused by unclean water and poor sanitation – one child every 20 seconds. Approximately 80% of diseases in India are caused by water borne micro organisms. This is true in rural as well as urban India. However, awareness of health risks linked to unsafe water The use of water can be broadly divided in to two major categories, namely for Consumption (drinking, cooking etc) and Sanitation. This case focuses on water used for drinking purposes. A brief on Water Treatment methods Throughout human history, different methods of treating water before consumption have been devised. Up until about 100 years ago, it was always found that water flowing from natural springs was safe for drinking in its natural state, but in the 21 century even spring water is first scientifically tested before it is recommended or bottled for drinking. Each of the above methods carries with them significant disadvantages either from a convenience point of view or from health and hygiene perspective. This calls for more sophisticated methods of purifying water, to suit with the evolving lifestyles in the societies. Current State-of-the-Art Water Purification Technologies Today, the more sophisticated and commercially available water purifying technologies are, †¢ †¢ †¢ Manual fill Purifier (Drip Type) Ultra Violet (UV) purification Reverse Osmosis (RO) purification The latter two are generally referred to as Electronic Water Purifier technologies (EWP); by exception, the first one is referred to as Non EWP.  The above three are given in the order of chronological evolution, with RO technology being the latest in the Water Purification technology. The manual fill purifiers do not run on electricity, which is a scarce resource in many parts of rural India, and also have significantly lower costs in comparison to the EWPs. Interestingly , these manual fill purifiers which primarily use chlorine or UF technology are at par in performance with UV in terms of microbial protection. UV has been the oldest technology in the industry. It typically involves preliminary stages of filtration, followed by treating the filtered water through UV rays to deactivate the microbial organisms.   In the RO technology, even the smallest of microbial organisms are filtered using the reverse osmosis technology. RO technology especially scores over UV when the Total Dissolved Solids (TDS) count in the source water is high . One disadvantage of RO systems is the wastage of significant quantum of water during its processing. Needless to say, the costs of the products under these different technologies increase from manual fill purifiers to UV purification systems to RO purification. The typical price range of manual fill purifier products is Rs. 1500 to Rs. 3500, while the UV products range in price between Rs. 4000 to Rs. 9000. The RO products are priced on the higher side starting from Rs. 8000 to Rs. 20000. Many products available in the market today in India use a combination of technologies but for the products in the lower end technologies (manual fill purifiers). Water Purifier Market in India The delivery of purified water in the Indian markets follow two conduits, namely, water purified in purification plants delivered to residences and other consumption locations (e.g. restaurants) in cans; and installation of water purification instruments at the place of usage. While the former  One of the oldest methods of treating water, and one still used constantly in Third World and often in developing nations or areas that have seen recent natural disasters, is boiling to kill microbes (but this causes loss of taste and may leave in dirt). Other methods of water treatment include filtering and distilling, use of chemical agents such as Iodine or Silver or Potassium Permanganate into the water supply, or the use of candle filters. methodology predominantly uses multiple technologies mentioned above, provides economies of scale and eliminates initial costs of investing in equipments, the costs involved in distribution of the treated water counters these economies of scale. The l atter provides for visibility and ease of use, which are significant perceived benefits in comparison to the former. While both the delivery mechanisms exist, the latter is fast catching up. This case focuses on the latter, which is typically referred to as the Water Purifier industry. This industry is broadly divided in to two categories namely Electronic Water Purifiers (EWP) comprising of products using UV or/and RO technologies and Non Electronic Water Purifiers (Non EWP) comprising of products that use the manual fill purifiers. Frost and Sullivan report of primary research in 2009, estimates the total market size of the Water Purifier industry in India to be 2000 Cr of which 63% is from product sales and 37% is after sales revenue. Despite the size of this industry, the Water Purifier industry in India has a low penetration (2% Urban and 0.5% All India) as per IRS 2007 and is growing at a strong rate (others use traditional water treatment methods like boiling and filtering, or use of chemical additives like Chlorine, Potassium permanganate etc). As per AC Nielson 2006 study( and internal estimates), the industry is expected to touch approx 2.3 mn units by the end of 2009. Expected growth rate of 15% and a CAGR (‘04-‘09) 21%. The average ASV of the industry is Rs 6700. With a size of approx 1.7mn (units), the EWP market is divided into 2 sub-segments – RO (30% sal) & UV (70%). The RO segment is the premium end of the category and has an ASV of Rs 12000 while UV has an ASV of Rs. 7000 .RO & UV growths , CAGRs(‘04-‘09) are (15% ,16%) and (10% ,10%) respectively. The Non-EWP segment operates at a sub 2K ASV (Rs 1900). This segment is witnessing an explosive growth with the entrance major players like HUL etc . The Annual growth rate was witnessed at 25% while CAGR(‘04-‘09) at 77%. It is important to note that the technology sold in a given local market is also dependent largely on the characteristics of the source drinking water in the given demography. For example, a region like Delhi with high TDS calls for RO technology, while regions like Cochin with low TDS would depend on products with UV technology. Also, one of the detriments to EWP products is the availability of continuous flow of source water and availability of power, both of which advantages are addressed the products dependent on Manual Fill Purifier technology. While the major element of the market in the water purifier equipment business in India is still in the unorganized sector, branded products are catching up and their market share is improving. The major branded players in the market are Eureka Forbes (AquaGuard, AquaSure brands), Kent, Philips, HUL (Pureit), Ion Exchange (Zero B) Ushabrita and Whirlpool (Purafresh). As per Frost and Sullivan report 2009 , Market share by player and by technology- Approx Shares ( for 2008) Eureka Forbes: RO(20%) , UV(35%) , Drip Type(33%) Kent: RO(25%) , UV(0%) , Drip Type(0%) ZeroB: RO(15%) , UV(0%) , Drip Type(0%) HUL : RO(0%) , UV(0%) , Drip Type(42%) OTH: RO(40%) , UV(65%) , Drip Type(25%) The Non-EWP segment was primarily dominated by local players until recently, when HUL entered the category with its drip type purifier under the brand Pureit at a break through price of Rs 1800 and took the market by storm. The other key players in this segment are Ushabrita & Eureka Forbes. The channel for this segment has traditionally been the Direct to Home (DTH) route, with this route still accounting for a whopping 65% of the product sales in this category. The ratio of Eureka Forbes’ DTH sales is higher at 75%. On the trade side(contribution bal 35%), the DAP channel (Domestic Appliances Products) accounts for the larger proportion of the share with 65% while the Durable Trade accounts for the remaining 35%. The DAP Channel mainly consists of small appliance sellers  who sell products like iron , blenders , mixers , gas burners etc. These retailers primarily sell products which lie within the price range of Rs 500-Rs 5000. They are typically not in the prime locations in the market place and their shopfloor size is on an avg10X10ft. The products are displayed mostly in a packed form. The products are sold very close to the MRP and the discounts offered are in the range of only 5-10% HUL has made an entry through a unique channel. It has opened up a large number of ‘Water Safe Zones’ / â€Å"Product Experience Centres’ and is pushing the volumes from there while catering to direct to home service as well While HUL is establishing itself in the entry level segment through consistent advertising and promotions , the more established players in UV & RO like Eureka & Kent too are active in the media space and are seen promoting their products through several media elements. Recently, HUL was seen rolling out a ‘Rs 1 Crore’ challenge offer and heavily promoting the same. At the same time Eureka Forbes was also seen throwing a ‘Money Back Guarantee’ offer on its products. Eureka Forbes operates with a strong sales& service force of 6000 people on the company rolls along with an equally large group of third party franchises. The company has been under pressure to expand its volumes since the avg the productivity of its sales team has come down over years. Lately, they have been seen heavily focussing on retail through their ‘Aquasure’ brand while the ‘Aquaguard’ brand is operating in the DTH section. Kent has its own sales & service set up in Northern India while it depends on third party franchises for its operation in the rest of the country. It has branch offices in 6 cities (AP , Karnataka, Kerala , Mumbai , Gujarat , West Bengal). In order to counter HUL’s explosive growth, Kent recently rolled out a NON-EWP (UF based) purifier at a price of Rs 2500 under the sub-brand  Ã¢â‚¬â„¢Kent Gold’. This product is being primarily marketed through the retail channel. HUL has set up its Safe water zones with external KSPs ( Key service providers) while continuing to have its internal sales team supervising the operations . In Delhi for example , it has 27 such zones with a sales team of 750 sales men, 17 Territory sales executives (TSE) , 3 business development executives (BDE) , 1 area head.(AH) and 2 service officers . The TSEs, BDEs & AH are on company rolls. The following table summarizes the typical product price points in the various segments. Price range (In Rs) Unorganized 1500-2500 4000-6000 8000-12000 Organized 2000 – 3500 6000-9000 8000-20000 Whirlpool Not Applicable Not Applicable 12500-20500 Segment Non EWP Ultra Violet (UV) Reverse Osmosis (RO) Whirlpool’s entry in the Water Purifier Market in India Whirlpool has been present in the Water category in all the key regions of the world including US, Canada, NAR, Europe, Brazil, Mexico & Asia in several value added segments like water heaters, bottled water dispensers, water softeners , Refrigerator filters etc. Whirlpool entered the Water Purifier Market in India in the early 2008 to tap in to the growing Water Purifier Market, focused on the RO segment to start with, with the launch of the Purafresh range of purifiers. Currently, Whirlpool Water Purifier products are available across all markets in the country. Whirlpool has garnered a Market Share of 5% in the RO segment in the past 1  ½ years. The Water purifier category is a perfect brand fit for Whirlpool. It is a home appliance used by the home maker to provide safe and pure drinking water to her family, thus building a strong case of placing trust in the brand. This category will lend a lot of credibility to the Whirlpool brand. Whirlpool’s communication strategy also revolves around reinforcing this element of Trust. Equipped with Whirlpool’s patented ‘6th Sense’ technology, the new ‘Purafresh’ water purifier is the first Reverse Osmosis system on the market that not only purifies but also protects the purity and freshness of the water with its prestigious gold seal certification (from GOLD Seal of Water Quality Association, USA WQA). Purafresh is available in three models – Purafresh Platinum, Purafresh Elite and Purafresh Deluxe.    Trigger Questions for Analysis Given the situation described above, suggest a comprehensive â€Å"Go-To-Market† plan following a systematic methodology for Whirlpool to achieve its overall objective of achieving market leadership in the Water Purifier Market (in the organized sector) by 2012, and its interim goal of achieving market leadership in the RO segment, ensuring its premium brand image, and its operational philosophies (given in the annexure for ready reference). A) Understanding and presentation by a Systematic methodology. B)Inputs: Should reflect comprehensive understanding of the company and competitive environment. 1) Analyze company development , history, Growths. 2) Identify Strengths , weaknesses , 3) Analysis of external environment (Porter 5 forces , SWOT etc) C) Outputs: Understating should result in output 1) Strategy on all 4 P’s 2) Channel Strategy ( Spl Focus) a) Evaluation of SWOT b) Key market insights c) Business Level Strategy d) Recommendations (including articulation of hypothesis) e) innovative approach especially in the communication/promotion strategy Phase II Build a detailed business plan arising out of the above strategic plan, and project the profitability of this business over time, including investments that may be required for new products and their market entries, while achieving this objective. Recommendation evaluated by 1) Strategy 2) Product choice 2) Financials ( volumes, Margins , costs , etc) 3) Process of executing strategy 4) Innovative approach/ideas. {In the first phase, the second phase question and related references should not be circulated} Whirlpool’s high end Purafresh platinum model, is India’s first and Only Direct Flow RO with no storage tank enabling immediate consumption of freshly purified water with 72 litres per hour capacity (Normal RO products have 8-10 litres per hour capacity). It has an advanced 5-stage purification process and also boasts of a first–of–its–kind electronic interface with a ‘Filter change indicator’, which alerts the consumer on the need to change the filter and thus ensures continual purity & protection of the water. Other diagnostics functions like no water on tap indication, self cleaning mode indication, and water extraction indication makes it the most advanced and best in class product available in the Indian market today. Whirlpool entered the Indian market mainly leveraging their strength in the durable retail channel and has the highest share (30%) of all Water Purifier sales in this channel. Whirlpool has also entered the DAP Channe l and are currently having a 10% share in that channel. The â€Å"Surging to Lead† Challenge Given its focus on â€Å"attaining market leadership through Customer loyalty†, Whirlpool aspires to be the market leader in the water purifier market by 2012, with an interim goal of attaining market leadership in the RO segment by 2010, while at the same time maintaining its brand position. This, no doubt, is a challenging aspiration for Whirlpool, given the well entrenched players in the market like Eureka Forbes, aggressive players like HUL who is focused on tapping the market at the â€Å"Bottom of the Pyramid† and a large unorganized market who would significantly benefit from the growth fuelled by these players. However, Whirlpool has to its advantage of its strong brand position in the hearts and minds of the home makers, and a strong, well established channel in the white goods market. The challenge for Whirlpool is to leverage its strengths, and perhaps work out completely innovative market strategies if it has to achieve its intent of becoming a  market lea der in the Water Purifier Market in general, and that in the RO segment. Annexure : A brief about Whirlpool Whirlpool, right from its inception in 1911 as first commercial manufacturer of motorized washers to the current market position of being world’s number one manufacturer and marketer of major home appliances, has always set industry milestones and benchmarks. The parent company is headquartered at Benton Harbor, Michigan, USA with a global presence in over 170 countries and manufacturing operation in 13 countries with 11 major brand names such as Whirlpool, KitchenAid, Roper, Estate, Bauknecht, Laden and Ignis. The company boasts of resources and capabilities beyond achievable feat of any other in the industry. Whirlpool initiated its international expansion in 1958 by entering Brazil. However, it emerged as truly global leader in the1980’s. This encouraging trend brought the company to India in the late 1980s. It forayed into the market under a joint venture with TVS group and established the first Whirlpool manufacturing facility in Pondicherry. Soon Whirlpool acquired Kelvinator India Limited in 1995 and marked an entry into Indian refrigerator market as well. The same year also saw acquisition of major share in TVS joint venture and later in 1996, Kelvinator and TVS acquisitions were merged to create Indian home appliance leader of the future, Whirlpool India. This expanded the company’s portfolio in the Indian subcontinent to washing machines, refrigerator, microwave ovens and air conditioners. Today, Whirlpool is the most recognized brand in home appliances in India and holds a market share of over 20%. The company owns three state-of-the-art manufacturing facilities at Faridabad, Pondicherry and Pune. Each of these manufacturing set-ups features an infrastructure that is witness of Whirlpool’s commitment to consumer interests and advanced  technology. In the year ending in March ’09, the annual turnover of the company for its Indian enterprise was Rs.1,719 Crores. The company’s brand and image speaks of its commitment to the homemaker from every aspect of its functioning. It has derived its functioning principles out of an undaunted partnership with the homemakers and thus a slogan of â€Å"You and whirlpool, the world’s best homemaker† dots its promotional campaigns. The products are engineered to suit the requirements of ‘smart, confident and in-control’ homemaker who knows what she wants. The product range is designed in a way that it employs unique technology and offers consumer relevant solutions. Whirlpool Corporation : Vision and Mission Whirlpool’s pervasive vision, â€Å"Every Home, everywhere, with pride, passion and performance†, rests on the pillars of innovation, operational excellence, customer-centric approach and diversified talent. These are embedded within our business goals, strategy, processes and work culture. Be it our products that are the result of innovation and operational excellence to meet every need of our consumers or the people behind these products that come from a wide spectrum of backgrounds, everything we do features a distinct Whirlpool way. Core Competencies Innovation: Unique and compelling solutions valued by our customers and aligned to our brands create competitive advantage and differentiated shareholder value. Operational Excellence (OPEX): A methodology for solving problems & continuous improvement of products & processes through pursuit, acquisition, and utilization of knowledge using critical thought and planned experimentation helps us achieve operational excellence. Customer Excellence: Excelling the customer expectation from the company, its brands,  products and services are a three-step process. The three steps are: Know a customer, Be a customer, Serve a customer. Knowing a customer helps us know who our customers are, how to treat them, how we add value, and what the drivers of brand loyalty are. This information is gathered from the customer’s data base history. This way we are better able to customize products for them and recommend the right product to solve problems. Being a customer is important to share customer knowledge and insights, drive actions based on customer insights, be passionate about our brands and customer loyalty and provide a positive voice for our brands. We show empathy for customers and seek to resolve their problems by creating consistent customer touch-points, with our endeavour always being to provide unique solutions for the customer . Whirlpool Corporation’s Transformation Agenda Whirlpool is transforming into a completely customer-centred company where the customer lies in the core of every of our functions. This focus has arrived as direct consequence of our core IDEATE up of five elements: competency of customer excellence. It allows us to build Customer Loyalty. The transformation is made The elements of the transformation hold the promise of making Whirlpool a growing company and thereby increasing value for our shareholders. The five  elements are the basis for describing our strategy internally and guide the development of our plans and initiatives. Whirlpool has swiftly moved from being a World Class Manufacturer to a World Class Marketer using the brand-building framework. We are dedicated to creating unique branded solutions that build customer loyalty and achieve brand excellence.

Time Is Money, Time Or Labors - 1230 Words

It’s in our nature to save whether it is money, time or labors. It has been continuing pattern for generation after generation, and our generation is no exception. It does not matter how big or small the company is its always innovating new ways to reduce the cost to produce goods, Total Cost Minimization. In fact, cost minimization has been the motivation behind the way our world is today and the things we have. Imagine if the Wright Brothers never invented the airplane we would still be crossing rivers and ocean. Just like the airplane we have are always improving our life by inventing new things to minimize cost. In today’s world the phrase â€Å"time is money â€Å"is becoming more of a reality as manufacturers are looking to increase the quantity of products in lesser and lesser time. Over the years, people have tried to rise to the solution to minimize the time for producing goods, but none of them actually succeed. However, a wise man named Henry Ford re-introduced a brilliant idea of Assembly Line, which changed the very core of how manufacturers produce goods. An Assembly Line is a form of production where product parts are added to the line in a specific order to produce a finished product at the end of the line. The principle of The Assembly line is to increase the productivity at a lower cost. The demand of goods in our developing world has been staggering. We need more goods than we ever need as the population is sky high. Fortunately, we have a solution toShow MoreRelatedAdam Smith s Wealth Of Nations1057 Words   |  5 PagesOctober 5, 2015 Adam Smith’s Wealth of Nations For Smith, the value of all commodities that the market is supposed to promote is not come from the money price, but come from the amount of labor required to purchase them because nobody wants to purchase a good that is created with less effort. 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