Finance Analysis - 1073 Words

MARKETING MANAGEMENT FINANCIAL ANALYSIS QUESTIONS Please prepare each question. Members of the class will be called at random to present their answers. 1. Executives of Studio Recordings, Inc., produced the latest compact disc by the Starshine Sisters Band, titled Sunshine/Moonshine. The following cost information pertains to the new CD: CD package and disc (direct material and labor) $1.25/CD Songwriters’ royalties’ $0.35/CD Recordings artists’ royalties’ $1.00/CD Advertising and promotion $275,000 Studio Recordings, Inc., overhead $250,000 Selling price to CD distributor $9.00 Calculate the following: a. Contribution per CD unit $9.00 - $2.60 = $6.40 b. Break-even volume $525,000†¦show more content†¦VCI will incur a fixed cost of $20,000 to add to the new model to the line. Based on the preceding data, should VCI add the new model LX4 to its line of DVRs? Why? LX1 sales before cannibalization - 150,000 (75 x 2,000) LX2 - 125,000 LX3 - 80,000 total contribution is $355,000 LX1 sales after cannibalization - 147,750 (75 x 1,970) LX2 – 113,750 LX3 – 51,200 LX4 – 45,000 Total contribution is 357,700 No, VCI should not add the new model because while the new contribution is higher than the previous, it is not enough to cover the added fix cost of 20,000 4. A sports nutrition company is examining whether a new high-performance sports drink should be added to its product line. A preliminary feasibility analysis indicated that the company would need to invest $17.5 million in a new manufacturing facility to produce and package the product. A financial analysis using sales and cost data supplied by marketing and production personnel indicated that the net cash flow (cash inflow minus cash outflows) would be $6.1 million in the first year of commercialization, $7.4 million in year 2, $7.0 million in year 3, and $5.5 million in year 4. Senior company executives were undecided whether to move forward with the development of the new product. They requested that a discounted cash flow analysis be performed using two different discount rates: 20 percent and 15 percent. a. Should theShow MoreRelatedFinance Analysis Paper2312 Words   |  10 PagesFinance Analysis Paper Yahoo! Finance Yahoo! Finance is a service from Yahoo that provides financial information in various ways including stock quotes, corporate press releases, financial reports, stock exchange rates as well as popular message boards for discussing a companys forecasts and stock valuations. It holds the title for the top financial news and research website in the United States, with an astounding 23 million visitors in February 2010. It also offers tools for personal financeRead MoreProject Finance and Loan Analysis Essay1668 Words   |  7 PagesProject Finance Project financing is a non-traditional financing technique that is now being used even by many high-profile corporate projects. It is increasingly emerging as the preferred alternative to finance fixed assets and other large-scale projects. As a study, Project Finance includes understanding the rationale for project financing, how to prepare the financial plan, assess the risks, design the financing mix, and raise the funds. As per the International Project Finance Association, ‘ProjectRead MoreBusiness Analysis: Sundaram Finance Limited Essay611 Words   |  3 PagesCHAPTER 1 INTRODUCTION 1.1 OBJECTIVE OF THE PROJECT The project was done in Sundaram Finance Limited. It is a Non Banking Financial Company which accepts deposits from customers, and gives out loans, and also performs leasing and hire purchasing functions. Vehicle financing takes up a huge chunk of the company’s operations. Among the three types of vehicle financing (Hypothecation, leasing, and hire purchasing), leasing is done majorly to huge and well performing corporate. So the need for creditRead MoreCase Study Of Finance Myntra As A Training Provider For Stock Market Analysis Essay726 Words   |  3 PagesPROFILE OF COMPANY Finance Myntra is a training provider for stock market analysis. Its founders being Gurjant and Dikshita started this institute (earlier it was known with name creating wealths) with a vision and mission in May 2012. Finance Myntra started their financial literacy program from tricity and now they are established in Punjab and himachal along with tricity (Panchkula, Mohali, and Chandigarh). Gurjant Singh, Co-Founder of Finance Myntra gave up his job as financial analyst from aRead MoreAbercrombie Analysis Finance1541 Words   |  7 PagesFINANCIAL MANAGEMENT PROJECT 1 Summary A.    INDUSTRY ANALYSIS    B.    RATIO ANALYSIS    1.    LIQUIDITY   RATIOS    2.    ASSET   MANAGEMENT   RATIOS    3.    DEBT   MANAGEMENT   RATIOS    4.    PROFITABILITY   RATIOS    5.    MARKET   VALUATION   RATIOS    C.    CONCLUSION    APPENDICES AND SOURCES:    3    5    5    5    5    6    6    7    8    2 de JAHAM Charles 04/18/2012 Abercrombie Fitch Co.,Read MoreBehavioral Finance and Technical Analysis1899 Words   |  8 PagesBehavioral Finance and Technical Analysis (within Behavioral Finance): Introduction Behavioral Finance is more often referred to as Behavioral Economics (This area of enquiry is sometimes referred to as behavioral finance, but we call it behavioral economics. Behavioral economics combines the twin disciplines of psychology and economics to explain why and how people make seemingly irrational or illogical decisions when they spend, invest, save, and borrow money. Belsky and Gilovich (1999)) Read MoreCritical Analysis Of Empower Finance Professionals845 Words   |  4 Pagesthe author in this article is Empower finance professionals to collaborate with business efficiently (ACCA KPMG, 2015.) At this stage, â€Å"more than 50 percent of the respondents believed that organization technology’ applications answers were not secure enough to hold delicate information performance reporting’ information (ACCA, KPMG, 2015.) They felt like their Finance team is view mostly as data’ gatekeepers, or the providers of basic financial analysis. The result of t he survey also shows thatRead MoreAnalysis Of Operations, Investment, And Finance1017 Words   |  5 Pages This week I will present by discussing and differentiating the main categories of a SOCF (Operations, Investment, and Financing.) this discussion and differentiation is going to be supported by an example of a financial statement of a company that illustrates the different components of each category of the SOCF. The statement of cash flows was applied by the FASB in 1987 to allow the managers to know more about cash flows information. Because the income statement and the balance sheet are basedRead MoreSwot Analysis : Corporate Finance And Strategy2519 Words   |  11 PagesCorporate Finance and Strategy In previous assignment, we had chosen to use SWOT analysis on Kellogg’s to identify the strengths, weaknesses, opportunities and threats of Krave. This helped us to identify the market position of Krave, and we also used product life cycle to maximise Krave’s value and profitability in each stage from launching to obsolescence, which allowed Kellogg’s to decide ways to extend Krave’s lifespan such as introducing new versions and flavours to remain customers’ retentionRead MoreBanking, Money and Finance, Article Analysis Essay1520 Words   |  7 PagesFunctions (IRF) analyses the effect of interest rate shocks on future value of variables, the balance sheet item. The bank deposit responses significantly to changes in interest rate in the short run but not bank loan. For the Variance Decomposition Analysis (VDA) test, showing the fraction of forecast error variance of variable attributed to shocks in other variable, bank loan played a role in trigger ing the right monetary policy action. In conclusion, a healthy and stable banking system which involve

The Victorian Era Of British History Essay - 2907 Words

The Victorian Era of British history was the time of Queen Victoria s rule from 20 June 1837 until her passing, on 22 January 1901. It was a long stretch of peace, prosperous period regarding sensibilities and political concerns to the section of the Reform Act 1832. The time was gone before by the Georgian period and took after by the Edwardian period. The laterhalf of the Victorian age generally concurred with the first divide of the Belle period of mainland Europe and the Gilded Age of the United States. Among the numerous improvements that made Victoria s rule appear to be extraordinarily not quite the same as prior periods in British history, two are particularly meriting consideration. The primary is the French Revolution (1789-1815), and the second is the Industrial Revolution that started around 1780 and quickened all through the Victorian Age. Victorians survived earth shattering times - they expected to confront the world after a long and extreme fight with Revolutionary and Napoleonic France, which had toppled an out of date medieval respectability for the purpose of law based convictions, just to passage opportunity, parity, and society by military violence. In England there was much early vitality from essayists and taught individuals for the Revolution s claim that human foundations were improvable, not for all time regular or god-designated. The progressives toppled an undemocratic and ruffian structure and planned to put set up more law basedShow MoreRelatedThe Romantic Period Of The Victorian Era1715 Words   |  7 PagesThroughout history, many time periods have been similar and different from each other. People from each time period decide what they want to continue incorporating and what they would like to disregard. The Victorian Era was brought about upon to show rebellion from the Romantic period. The Victor ian Era is a reaction against the Romantic Period due to differences in terms of historical influences, effects of science, crises of faith, and women’s desire for change. The Romantic Period’s history startedRead MoreTea Of The Victorian Era913 Words   |  4 PagesTea in the Victorian Era Have you ever talked about tea before in your life, or ever heard about Tea? People don’t even think about having a cup of tea, people usually think about having a cup of coffee in the mornings. Today tea isn’t as important as it used to be back in the Victorian Era times. Tea was important to Victorian Era life because it was part of their everyday life. The history of tea is long and complex, spreading across multiple cultures over a thousand years. Tea was usuallyRead MoreVictorian Era Gender Roles and the Development of Women’s Football in England1054 Words   |  5 Pagesof women’s football in Britain during the 19th century illustrates the transformation of gender roles in British culture in the context of Victorian era values and women’s football: â€Å"‘The Cultures of sport in Britain have been distinctively male, rooted in masculine values and patriarchal exclusiveness’† Through the introduction of female football into British society the system of Victorian values were challenged by expanding gender roles. The institution of women’s soccer in the late 19th andRead MoreEssay about Sports Born in the Victorian Era1460 Words   |  6 PagesSports born in the Victorian Era Sports are a way of life for some individuals and without sports it would feel like a so called hole in their hearts. The Victorian Era which had a variety of sports played both professionally and recreationally took place from June 20, 1837 until January 22, 1901. It was called the victorian era because at that time Britain was under the reign of Queen Victoria. The Victorian Era helped modernize sports that are stilled played today here in the United StatesRead MoreThe Era Of The Victorian Era771 Words   |  4 PagesDuring the reign of Queen Victoria, people learned how to control themselves and get along with one another; this is called the Victorian Era. The Victorian Era is known for being a time of peace and serenity, but also a time that transformed a culture. Although our own generation has come a long way culturally, we still use some of the same ideas from the Victorian Era. During this time period especially, people’s social status defined who they were and their capabilities. For instance, ifRead MoreCompare And Contrast Different Literature Periods1452 Words   |  6 Pageswill try to compare two different literature periods. The Renaissance (rebirth period) The Renaissance is an era started in Italy and it came to England in the sixteenth century that made an end to the dark ages whose knew before it. This period became the bridge who access between the middle ages and the modern history. Renaissance is a French word means rebirth. In Europe during this era there was a disaster called the Black Death (the plague) which affected in the society largely and claimed thousandsRead MoreThe Victorian Er The Beginnings Of A Modern World1534 Words   |  7 PagesKatherine Noonan Ms Rodden 3rd Period English April 11, 2017 The Victorian Era: The Beginnings of a Modern World In 1837, eighteen-year-old Victoria became Queen of England. She ushered in a new era of prosperity and progress. During Victoria’s reign, Great Britain was the most powerful nation in the world. â€Å"By 1882 Britain was in the later stages of acquiring the largest empire the world has ever seen† (Evans). During this time, Britain also emerged as the most powerful tradingRead More The Narrative Structure of Wuthering Heights and Heart of Darkness1152 Words   |  5 PagesThe Narrative Structure of Wuthering Heights and Heart of Darkness      Ã‚  Ã‚   Wuthering Heights by Emily Bronte was first published in 1847, during the Victorian Era. Heart of Darkness by Joseph Conrad was first published as a complete novel in 1902, beginning what is referred to as the Modernist Era in literature. Each of these compelling stories is narrated by an uninvolved character who is quoting a story told to them by a character who actually participated in the story being told. There areRead MoreChange in the Victorian Period. the Role of Women.891 Words   |  4 PagesChange in the Victorian period. The role of women. The United Kingdom of Great Britain and Northern Ireland is the country whose rich history covers many periods and eras. It saw its ups and downs, experienced both hardships and prosperity. It has been the leading power throughout centuries, with many countries looking up to it and kneeling before it. Still, the echo of its former majesty can be seen up to the present day. However, it is impossible to describe the periods all at once. It wouldRead MoreEssay on Diary of a Victorian Dandy by Yinka Shonibare1512 Words   |  7 PagesYinka Shonibare’s five-part image narration Diary of a Victorian Dandy exhibited in the London Underground invites public transit users to partake in the daily lifestyle of a black Victorian dandy. The irony inherent in the presence of a black dandy as the work’s centerpiece dismisses the functionality of British restrictions set in the Victorian Era by delving into the notions of race and social class. Specifically, by emphasizing the black dandy’s superiority over his white counterparts and introducing

Do Attitudes Predict Behavior Essay - 1983 Words

This essay will examine the strength of the link between attitudes and behaviour and show that attitudes do not always predict behaviour as there are a number of variables that need to be put in place before the evaluation of a person behaving according to their attitudes can be assessed. These variables will be discussed in some detail. The three component model will be discussed and also attitude formation will be touched upon, before the link between behaviour and attitude can be examined a general understanding of how and why attitudes are formed needs to be addressed. The word attitude is generally a term used to describe the way we perceive and evaluate the social world around us, the way in which we build a positive or negative†¦show more content†¦Affective based attitudes are formed by observing and interacting with others through the process of associative learning, there are two different types of associative learning, implicitly through Classical conditioning or explicitly through instrumental or operant conditioning (Crisp and Turner2007). Classical conditioning involves deciding whether positive or negative regard is felt towards an attitude object that has previously been associated with either a pleasurable or un-pleasurable event (Lord 1997). The second form of associative learning is operant conditioning whereby certain behaviours that are exhibited become strengthened or weakened by either a rewards which is a positive reinforcement or punishment which is a negative reinforcement (Lord 1997). Implicit attitudes are unintentional and somewhat unconscious evaluations that are made, explicit attitudes are attitudes that we are fully conscious and aware of Rather than focus on the feelings and values of an attitude object Cognitive based attitudes focus on the beliefs held about the particular attributes of an attitude object (Crisp and Turner 2007). This type of attitude serves to help us quickly identify a positive or negative response on whether we want something or not (Crisp and Turner 2007). Behavioural based attitudes are primarily concerned with DarylShow MoreRelatedThe Theory Of Reasoned Action1529 Words   |  7 Pagesbetween attitudes and behaviors with human action. This theory is also used to predict how people will behave based on his/hers pre-existing attitudes and behavioral intentions. The decision to engage in a particular behavior is based on the outcomes the individual expects will come as a result of performing the behavior. Behavioral intent is alleged ly created or caused by two main factors, which include our attitudes and our subjective norms. Some key constructs for this theory include; attitude towardRead MorePERSONALITY, ATTITUDES AND JOB PERFORMANCE1021 Words   |  5 PagesBU105 W15 Section 7 Management Principles Dwayne Payne March 29, 2015 Miller-Motte College Online Programs I will be writing my paper on personality, attitudes, and job performance. This subject(s) caught my eye because I am currently working in a job (field) where I deal with people every day. We all have different personalities and attitudes and we all have to learn how to deal with them if we are going to manage or work in these types of environments. Also, we have to be satisfied with our jobsRead MoreEssay on Social Cognitive Theory1586 Words   |  7 PagesSocial Cognitive Theory Nowadays, many people both young and old tend to engage in health compromising behaviors. Some of which include: alcohol abuse, drug abuse, smoking, and the specific topic interest condom use, or maybe in this case condom non-use. From these particular behaviors a question poses: Why do people engage in health compromising behaviors? There are in fact many theories or processes that can give explanations to this particular question. One theory that can be relatedRead MoreOrganizational Behavior Synthesis paper1419 Words   |  6 PagesOrganizational Behavior The study of people at work is generally referred to as the study of organizational behavior. This chapter will start by defining the term organizational behavior and briefly reviewing its origins. Organizational behavior is the systematic study of the actions and attitudes that people exhibit within organizations. Each person regularly uses intuition or our gut feelings in trying to explain phenomena. For example, a friend catches a cold and we’re quick to remindRead MoreCommunication in Business in Changing External Environments1147 Words   |  5 Pagesdegree to which an organization’s external environment has an abundance or scarcity of critical organizational resources.       2.  Ã‚  Ã‚  Ã‚  How do the characteristics of changing environments affect uncertainty? Environmental change, environmental complexity, and resource scarcity affect environmental uncertainty, which is how well managers can understand or predict the external changes and trends affecting their businesses. Environmental uncertainty is lowest when environmental change and environmentalRead MoreAfter reviewing the results and noting only one sufficient correlation, the discussion regarding1200 Words   |  5 Pagesregarding intent and future behavior then arises. There are so many negative repercussions that alcohol is associated with so one cannot doubt the need for further research regarding this topic. Researchers have been further examining alcohol usage by utilizing the theory of planned behavior (TPB). The theory of planned behavior further examines behavioral cues and examines one’s perceived behavioral control, intentions, attitudes and subjective norms to try and predict future behavior. (Johnston WhiteRead MorePredicting Behavior by Attitudes Essay1071 Wor ds   |  5 PagesPredicting Behavior by Attitudes Attitudes can be very complex, a product or service may be composed of many attributes or qualities some of which may be more important than others to certain people. Furthermore, a persons decision to act on his or her attitude is affected by other factors, such as approval by family and friends. For this reason, multiattribute models have been constructed and are extremely popular among marketing research. Many models have been constructedRead MoreSocial Justice And The University Community : Does Campus Involvement Make A Difference?897 Words   |  4 Pagesmain hypothesis or research question? The main hypothesis was that students who are involved in more campus and club activities would report having a greater sense of school community and social justice engagement. Also, that â€Å"year in school would predict social justice and school belongingness†. 3. METHODS: When and where did the research take place? The research took place in 2013 at DePaul University, which is located in Chicago, Illinois. Who were the participants? There were 427 participantsRead MoreA Brief Note On Environmental Psychology Research Methods Essay713 Words   |  3 Pagesstudy conducted by Megan J. Bissing-Olsoni, Aarti Iyer, Kelly S. Fielding and Hannes Zacher, a survey/diary design was used to examine the relationship of pro-environmental behavior, employees daily affect, pro-environmental attitude, daily task-related pro-environmental behavior, and daily proactive pro-environmental behavior. There were 56 participants in the study and they were all employed in small businesses. The surveys were done twice daily, after the initial baseline survey was conductedRead MoreAp Psych Outline1683 Words   |  7 Pagesphenomenon) Common sense describes what has happened more easily than it predicts what will happen. Our intuition may tell us that familiarity breeds contempt, that dreams predict the future, and that emotional reaction coincide with menstrual phase. Overconfidence We tend to think we know more than we do. Hindsight bias and overconfidence often lead us to overestimate our intuition. The Scientific Attitude Curiosity, a passion to explore and understand without misleading

Complexity in American Education Control Essay - 949 Words

Complexity in American Education Control Often times, we hear the words complex and complicated used interchangeably. In fact, out of curiosity, I highlighted the two words in Microsoft Word after typing them in the previous sentence and looked at the synonyms provided. Oddly enough, complex is synonymous with words such as multifaceted and intricate. Yet, when I pulled up the synonyms for complicated, complex was the first word listed. What is complexity? How does it differ from complicated issues? Complicated systems are exactly what Microsoft Word said. They are multifaceted and intricate. They have several parts, but there is only one determined way for these systems to work. This means that a change in one area will always create a†¦show more content†¦Spring (2014) introduced the issue as a complicated question, but I think it is more complex. Who controls American education? More importantly, who should control American education? My obvious choice would be the teachers, but after much debate, I’m not sure that is the best solution. Whoever controls what should be taught in public schools also chooses what morals and behaviors to teach students. I can remember as a child, teachers would tell my mother that they wished they had a whole classroom of kids like me. Sure, I was bright. But more importantly, I was quiet and well-behaved. Not all teachers think this way, but a majority would rather have students to not speak or move during class. Is that what we want the future of America to be? I don’t know about you, but I want to raise a generation that will stand for what they believe in, form their own opinions, and think critically. Don’t get me wrong. I don’t believe it is the intention of any teacher to actually constrain a child from obtaining the education they want. But with the standards they have to meet and the laws in place, it makes teaching easier to have cooperative students. As Ishmael says in Daniel Quinn’s book, My Ishmael, â€Å" What one sees first is how far short real schooling falls from the ideal of ‘young minds being awakened.’ Teachers for the most part would be delighted to awaken young minds, but the system within which they must work fundamentally frustratesShow MoreRelatedCultural Death During The Melting Pot Of The World883 Words   |  4 Pagesand office desks of nearly every American citizen. In a country that claims to value freedom above all other qualities in life, citizens willingly contribute to the destruction of their civilization by mindlessly sacrificing solitude and the opportunity to evolve. According to Huxleyan prophecy, a population that relies on constant distractions and entertainment by technology contributes to the downfall of human development. An example of this is shown through American citizens developing a growingRead MoreQuality And Quality Of Quality Control1113 Words   |  5 Pages1. Quality control is established to ensure the delivery of fast, accurate and reliable result It is designed to measure the quality of the test itself. It is of vital importance to produce high quality results as the proper diagnosis and timely treatment of patients depends on the results that the lab produces. Quality is defined by the Webster dictionary as high level of value or excellence1. Quality testing ensures that patients receive highly reliable and accurate results in a timely manner.Read MoreRelationship Between Home And School946 Words   |  4 Pagesbetter education† (p. 198). Although it seems to be recognized in America that families and schools must form strong partnerships and work together to c reate positive change, it seems to be a constant work in progress. With honest communication between home and school, many schools are seeking to reform and empower the home-school relationship, therefore making communities stronger and student learning enhanced. The relationship between home and school has grown significantly in complexity, bothRead MoreHealth Disease Choice : Diabetes802 Words   |  4 Pageshealthcare system. According to the article by the Diabetes UK nutrition working group (Dayson et al., 2011), nutrition therapy plays an essential role in the management of diabetes. The type of foods a diabetic consumes can impact the optimal glycemic control and reduce the risk for complications. A multidisciplinary approach is vital in the delivery of nutritional care. To maximize the benefit of nutritional care, it must be individualized, accounting the patient’s lifestyle and beliefs, preferences,Read MorePain Management in the Oncology Patient1605 Words   |  6 PagesRNs and LPNs who work at a LTC facility caring for older adults. 16 subjects were interviewed. Ages ranged from 29 - 62, with an average age of 41. The average experience was 15 years. Results Common concerns were found which included; lack of education on pain management, inability to recognize an individualized plan of care, failure to communicate with the physician about pain, and lack of self-awareness of each nurse’s practice. Limitations The study was only done at one facility. The demographicRead MoreEffect of Nutrition on Academic Performance895 Words   |  4 Pagesthere been so much information about the vitamins and minerals children’s foods contain than now. For years there has been an initiative to promote better nutrition in schools. With ever growing healthcare concerns such as obesity and diabetes, education on these topics is the first line of prevention. In addition to curriculum, programs targeting the inclusion of fresh fruits and vegetables and whole grains have been started. Many schools have removed fryers from their kitchens and are choosingRead MoreIn A Study By Umpierrez Et Al. (2012), A Task Force Composed1050 Words   |  5 PagesDevelopment, and Evaluation (GRADE) system was used to develop and describe the strength of the recommendations and quality of evidence. Consensus was based on group meetings, emails, and conference calls. Endocrine Society members, ADA, American Heart Association, American Association of Diabetes educators, European Society of Endocrinology, and the Society of Hospital Medicine all reviewed and commented on the preliminary guidelines (Umpierrez et al., 2012). The guidelines in place recommend recognizingRead MoreEssay on U.S. Influence on Latin Culture989 Words   |  4 PagesSince the beginning of the United States intervention within the affairs of Latin American politics in the beginning of the twentieth century, and since the advent of a U.S. effort towards the modernization of Latin America, influences aimed at empowering communities and bringing about democratic movements among Latin American countries have been accompanied by various forms of exploitation and cultural decimation (Leonard, 1999). Efforts at modernization of Latin America have been carried outRead MorePreparing for Ethical Challenges Essay776 Words   |  4 PagesWilliam H. McGuffey, was even a professor of moral philosophy. But early in the 20th century a shift began to happen. Schools lost their comfort with these teachings and began to move this education towards family and religious institutions. By the late 1970’s, teaching ethics had all but disap peared from American public schools. (Johnson, 1999) Now, in the 21st century, it has become glaringly apparent that families and religious institutions need help. Schools have, once again, become necessaryRead MoreThe United States Healthcare System1736 Words   |  7 Pagesdecentralized, market-based system with multiple stakeholders. In this paper we will try our best to discuss the organization, financing, and delivery of the American healthcare system, as well as identify respective flaws. We will conclude this paper with a discussion on potential solutions to the flaws we have identified. Organization The American healthcare system is a complex, market-based system that operates in a non-integrated manner. As with any market-based healthcare system, products and services

Erika Accident free essay sample

The vessel had broken in two spilling an amount close to 19800 tones of heavy fuel oil. Additionally 6400 tones remained in the bow section of the sunken vessel and approximately 4800 tones in the stern section. Even though all crew members were rescued, this event would inevitably turn out to a huge disaster. Most of all because of the environmental consequences of the oil spill. In this paper I will first of all stress out the effects on the environment caused by the oil spill. Then, the regulations that were applied to the incident under consideration will be analyzed. Moreover I will point out the problems which arise from the incident. Finally I will evaluate measures taken with the aim of avoiding any similar future incidents. The tragic event of the tanker vessel Erika had a tremendous impact in the environment. As shown in the appendix, the catastrophe in the waters, the coasts and of course the sea life from the oil spill was huge. We will write a custom essay sample on Erika Accident or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Yet, this wasn’t the only effect that this incident caused. The economic consequences were enormous affecting the fishing and the tourist sector for many years. The already existing rules should be reinforced. The reaction of the European commission to the report of the Erika accident was very quick and decisive. The first thing they did, three months after the oil spill, was to adopt a series of proposals regarding the maritime safety of the European coastlines. Then, in December 2000, a second set of proposals with rules and regulations was launched. Finally, in 2005 the commission adopted more measures that were part of the third Erika package. These three set of rules were named Erika I package, Erika II package and Erika III accordingly and will be described further on. All packages were a response to the Erika accident and their aim was to set more strict rules regarding the protection of the environment and the compensation of the oil spill – victims. Erica I package: The main goal of the first Erika package was to improve, quality wise, the controls of vessels in ports which up until that time had proven to be inadequate. The quality controls would become more strict and thorough. If a vessel, subject to a control, was found to be of lower standards, than the ones set by the port state control, then it would be obliged to go through stringent annual inspections. The inspections would be more sufficient examining the vessel for deficiencies and elements that could be of any threat for the safety of the crew members and the environment. Also, some other factors may attract more inspections for a vessel. The fact that a vessel is old (more than approximately 15 years), or flies a flag of convenience, or possibly has testimonies from its own workers for deficiencies inside the vessel will be subject to more inspections. In the table bellow we can see the number of detentions related with the ship’s age.

Dantes Mid-life Crisis free essay sample

A paper that describes Dantes journey through his mid-life crisis. A paper which introduces the term mid-life crisis. It shows how 14th century poet, Dante, described his own mid-life crisis in his famous work, `The Divine Comedy` and that ever since the existence of a mid-life crisis has been postulated, Dante;s experience as described in the opening canto of `Inferno`, has become the metaphor for the middle life years. `In the context of a normal, socially prescribed rite of passage, a crisis; is the halfway point through a natural process. If one focuses on only one part of a complete and purposeful process, one may miss the intent of the whole. People in traditional cultures accepted that the life cycle comprised stages and that getting through the times of transition was a natural process. They did not fear the middle (i.e., the conflict or crisis)` part of the process; because they knew it would be resolved eventually. We will write a custom essay sample on Dantes Mid-life Crisis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page (Atkinson, R., 2002) Dante was an ardent Catholic, as well as a Classicist who had been living the life of a political exile away from his beloved Florence. In The Divine Comedy, he created a highly regimented Hell, developing a hierarchy of sins in the tradition of Greek philosophy. Each sin was illustrated in well-known figures in 14th century Italy and the legendary Greeks and Romans, among whom were his numerous political enemies as well.

Genetics of alcoholism Essay Example For Students

Genetics of alcoholism Essay The focus of this paper is alcoholism. The aspects that will be examined in the following pages are the biology of alcoholism, and the genetic basis determining that alcoholism is a hereditary disease. Clarification of the phases of alcoholism as well as possible explanations of the nature of the disease will be offered. Examination of studies concerning biological markers associated with alcoholism and advanced animal testing will allow further understanding of alcoholism and related problems. With these biological components established, it is important to further explore a study of alcoholism in different ethnic groups, countries and cultures and as it relates to gender. The role that alcoholism plays in varying cultures and the reasons behind its presence it is still largely debated. Despite all of the studies and information gathered thus far, scientists are still largely undecided as to the precise etiology of this disease because of its extremely complicated combination of physical and psychological components. Due to the complicated combination of aspects that form alcoholism researchers have defined phases that attempt to separate contributors not in matters of importance, but chronology. The first phase of alcoholic tendencies begins before birth and continues to the subjects first alcoholic experience. Here in the predromal phase, genetic factors, intra uterine factors and childhood environment all contribute to the susceptibility of a person to alcoholism. It is obvious from this point why alcoholism runs in families; genetics, intra uterine conditions and childhood environment would all be greatly influenced by an alcoholic mother. The second stage of alcoholic development is the induction phase, this is the period in which a psychological attachment to alcohol is developed through a variety of the pleasure giving aspects that alcohol may have for the subject. The next phase is physical dependence, it is characterized by withdrawal, craving, and tremors and often a complete inability to control or curb drinking (Kissin, 1972). One postulation by researchers and theorists is that there is a distinct psychopathology associated with alcoholism that allows an otherwise non-functional individual to feel secure enough to participate in society. Partanen et. al. (1966) found correlation between emotional instability and the likelihood of developing alcohol abuse problems. Another theory suggests that alcoholism is a conflict between dependence and interdependence. This idea continues along the same lines submitting that one of the possible reasons for a lower incidence of alcoholism among females is an acceptance of dependency on their part due to societal conditioning (Kissen and Barry, 1972). Children of alcoholic parents have been found to be 3 to 5 times more likely to themselves become alcoholics (Steen, 1996). This number is influenced by many factors independent of heredity, however the genetic basis for alcoholism is widely believed and studied in hopes of finding a concrete example to better understand and treat the disease. It has been estimated that genetics account for 50- 60 % of the risk for alcoholism (Roebuck and Kessler, 1972). One significant way that the genetic basis for alcoholism has been demonstrated is with twin studies. One of the twin studies examined here took place in Finland in 1966 to determine the inheritance of the tendency to use alcoholic beverages. The Finland study consisted only of male twins; both monozygotic and dizygotic pairs were used. These twins had been raised together in most cases and therefore the information given must be considered as having been influenced by environment. The study determined a considerable degree of heritablility in the areas of density and amount of alcohol consumed but saw little correlation in the fields of lack of control or social complications arising from alcohol use (Partanen, et. al., 1966). .uaf18d12b003fbcbf55df5165d51d1889 , .uaf18d12b003fbcbf55df5165d51d1889 .postImageUrl , .uaf18d12b003fbcbf55df5165d51d1889 .centered-text-area { min-height: 80px; position: relative; } .uaf18d12b003fbcbf55df5165d51d1889 , .uaf18d12b003fbcbf55df5165d51d1889:hover , .uaf18d12b003fbcbf55df5165d51d1889:visited , .uaf18d12b003fbcbf55df5165d51d1889:active { border:0!important; } .uaf18d12b003fbcbf55df5165d51d1889 .clearfix:after { content: ""; display: table; clear: both; } .uaf18d12b003fbcbf55df5165d51d1889 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uaf18d12b003fbcbf55df5165d51d1889:active , .uaf18d12b003fbcbf55df5165d51d1889:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uaf18d12b003fbcbf55df5165d51d1889 .centered-text-area { width: 100%; position: relative ; } .uaf18d12b003fbcbf55df5165d51d1889 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uaf18d12b003fbcbf55df5165d51d1889 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uaf18d12b003fbcbf55df5165d51d1889 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uaf18d12b003fbcbf55df5165d51d1889:hover .ctaButton { background-color: #34495E!important; } .uaf18d12b003fbcbf55df5165d51d1889 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uaf18d12b003fbcbf55df5165d51d1889 .uaf18d12b003fbcbf55df5165d51d1889-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uaf18d12b003fbcbf55df5165d51d1889:after { content: ""; display: block; clear: both; } READ: Isolation Precautions Essay These findings suggest that while a propensity for alcoholism is inherited in many cases, the degree to which it affects the life of an individual remains unaffected by biology. A later twin study, conducted in Sweden and reported in 1987 also studied only male pairs but in this case the twins were adopted into non-relative families at a young age. This split-twin study allowed researchers to determine to a greater extent the importance of environmental exposure in regards to alcoholism. In this study it was found that children who had no history of alcoholism in their .

King Jewels Ethical Leadership in Practice free essay sample

Ethical Leadership in Practice Discuss how the leadership style may have contributed to unethical behavior. In the world of greed, I think people tend to forget what the words leadership mean. Leadership means being a good role model for your peers, being able to guide, lead and direct them in the right direction. In the case of King Jewels Clement Tam failed to do so because he let his power take over he responsibility to be a great leader for the company. King Jewels was just a mom and pop jewel store owned by Andy Wong and his wife for 20 years during the 1985.The business later expanded from Hong Kong to China in the 1990’s. Sells had been booming in the last ten years. According to Mr. Wong a good vision and direction were critical leadership qualities. Mr. Wong always said, â€Å"You do not achieve commitment to, or an understanding of, a company’s vision and mission without actively pursuing and practicing it at every opportunity†. We will write a custom essay sample on King Jewels: Ethical Leadership in Practice or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This statement is very powerful meaning you should live up to your business vision and mission statement on a everyday basics(The McGraw-Hill Companies, 2008).Wong had a vision on how he wanted his company to expand over time. So, he hired his close friend and right hand man Clement Tam who was primary responsible for worldwide gem sourcing. He also was both operations director (overseeing the whole company) and head of the sourcing department. Tam Wai Man who was Tam’s sister was the accountant for the company. Chan Ming was head of business services including wholesale and retail businesses. Lastly, Jonathan Ho, head of production and authentication, he was in charge of the company’s manufacturing operations and gems authentication in China.Ho was known for his efficiency and decisiveness, and occasionally criticized by his staff for having a dictatorial leadership style and making decisions without consulting his colleagues (The McGraw-Hill Companies, 2008). Everyone has their own way of leadership style but when in powerful positions you should always be the one to follow policies and procedures because in the long run it can cost you problems in the end. Discuss how the proper segregation of duties could have prevented Tam from fraudulently sourcing the gems. I think Mr. Wong went wrong for hiring his right hand man and so forth.The whole senior management for this company is either family or friends. This can create a hostile working environment if they every get into a conflict at work or outside of work, which is not good for the business. I think if the proper segregation of duties were put into play I think it still would have been potential fraud involve. My reasons for saying this is because Mr. Ho is known for his style of leadership so even if the gems went though the proper process he had the final say in with gems were to be picked. Mr. Ho is known for making decisions with consulting with his colleagues.So, overall I think so fraudulent activity would have went down one way or another. Discuss the company’s compensation plan contributed to the deceptive behavior. In this particular business the cash flow was booming. Everyone was buying jewelry from teens to elderly people. Their biggest cliente was women of all ages. I being a woman myself do know that women love to shop for nice things jewelry being one of them. This company was making billions of dollars so I can only imagine that the pay and annual bonuses were nice as well. Like I said earlier people will do anything possible for greed.Even if the employees were aware that fraudulent activity was taking place I don’t think any of them would have been whistle blowers because of the compensation they were getting off the company’s profits. Discuss how the culture may have influenced the employee’s attitude towards exposing Tam. In the Chinese culture in many ways the family unit takes precedence over its individual members. Children must learn not to answer back to their parents or other elders. It is assumed that the family as a whole will thrive and prosper if harmony prevails at home. In other words the basic rules of obedience, moderation and self-restraint amongst family members should be observed Chinese Values). In most cultures children are taught not to disrespect parents or elderly people. In Chinese culture they are very family oriented they believe in sticking together like most cultures do. But other cultures only believe in lokking out for self and not as a whole. Once one person get little bit of power they low down on others instead of having the next person out to get were they are.In other words the the employees could have been teenagers working part-time making the jewelry and because respecting parents and elderly is real big in the Chinese culture; they may been afraid to tell on Tam. It seems like in the Chinese culture if you put your family to shame then you will be punished for behavior. How would you recommend Wai Man proceed? I recommend that she do further investigation on her brother and uncle. Once, she has enough evdience she take the evidence to Mr. Wong. From there Mr. Wong should notify the board so they can do their own investigation on the company as a whole.