AirAsia-Sustaining Competitve Advantage Essay

AirAsia was established in 1993 and began operations on 18 November 1996. It was originally founded by a government-owned conglomerate, DRB-Hicom. By ‘Flying Low-Cost With High Hopes’, AirAsia started out as a Malaysian government-controlled, full-service regional airline that offered slightly lower fares than its number-one competitor, Malaysia Airlines (â€Å"MAS†). On December 2, 2001 the heavily-indebted airline was bought by former Time Warner executive Tony Fernandes’s company Tune Air Sdn Bhd . He took over the debt-ridden airline for the symbolic sum of US$0. 26.  Despite the air-travel downturn following the 11 September 2001 terrorist attacks, Fernandes believed that the timing for entering the airline market was just right, as aircraft leasing costs had dropped sharply and experienced staff were readily available due to airline layoffs. Moreover, the acquisition was welcomed by the Malaysian government, which hoped to boost the under-used Kuala Lumpur International Airport (â€Å"KLIA†). Fernandes restructured AirAsia into the first no-frills, low-cost carrier (â€Å"LCC†) in Asia, and the new business model was a huge success. The company is a Malaysian low-cost airline headquartered in Kuala Lumpur. It is Asia’s largest, and the world’s best, low-fare, no-frills airline and a pioneer of low-cost travel in Asia. AirAsia group operates scheduled domestic and international flights to 78 destinations spanning 25 countries. Its main hub is the Low-Cost Carrier Terminal (LCCT) at Kuala Lumpur International Airport (KLIA). Its affiliate airlines Thai AirAsia, Indonesia AirAsia, AirAsia Philippines and AirAsia Japan have hubs in Don Mueang International Airport, Soekarno–Hatta International Airport, Clark International Airport and Narita International Airport respectively. AirAsia’s registered office is in Petaling Jaya, Selangor while its head office is at Kuala Lumpur International Airport. Asia’s leading airline was established with the dream of making flying possible for everyone. Since 2001, AirAsia has swiftly broken travel norms around the globe and has risen to become the world’s best. With a route network that spans through to over 20 countries, AirAsia continues to pave the way for low-cost aviation through their innovative solutions, efficient processes and a passionate approach to business. Together with their associate companies, AirAsia X, Thai AirAsia, Indonesia AirAsia, Philippines’ AirAsia Inc and AirAsia Japan , AirAsia is set to take low-cost flying to an all new high with our belief, â€Å"Now Everyone Can Fly†. Focusing on the low-cost, long-haul segment – AirAsia X was established in 2007 to provide high-frequency and point-to-point networks to the long-haul business. AirAsia X’s cost efficiencies are derived from maintaining a simple aircraft fleet and a route network based on low-cost airports, without complex code-sharing and other legacy overheads that weigh down traditional airlines without compromising on safety. Guests continue to enjoy low fares, through cost savings that they pass on to their guests. AirAsia X’s efficient and reliable operations are fully licensed and monitored by Malaysian and international regulators, and adhere to full international standards. AirAsia X is committed in offering X-citing low fares, X-emplary levels of safety and care, and an X-traordinary in-flight and service experience to all our guests – spreading the amazing AirAsia experience to X-citing destinations in Australia and Greater Asia. In August 2011, AirAsia agreed to form an alliance with Malaysia Airlines by means of a share swap. The alliance was struck down by the Malaysian government, in effect voiding the agreement of both airlines. On 2 April 2012 Air Asia had their first flight from Sydney to Kuala Lumpur. By early 2013, AirAsia had seen a steep increase in its profitability. The year-on-year comparison had shown a 168% increase in profits as compared to 2012. For the quarter ending 31 December 2012, the airline’s net profit stood at 350. 65 million ringgit (US$114. 08 million). Despite a 1% rise in the average fuel price, the airline had recorded profits of 1. 88 billion ringgit for the full financial year 2012. In February 2013, AirAsia submitted an application to the Indian Foreign Investment Promotion Board, through its investment arm, AirAsia Investment Limited, to seek approval for commencing its operations in India. AirAsia wanted to take up a stake of 49% in the airline, which was the maximum allowed by the Indian government at that time. AirAsia initially invested an amount of 50 million United States dollars in the airline. The airline wished to begin operations from Chennai and expand it’s network in South India, to where AirAsia already operated flights from Malaysia and Thailand. AirAsia’s Strategy [pic] AirAsia’s success has taken flight through the continued confidence of the company’s guests who prefer a no-frills, hasslefree, low fare and convenient option in air travel. The key to delivering low fares is to consistently keep cost low. Attaining low cost requires high efficiency in every part of the business and maintaining simplicity. Therefore every system process must incorporate best industry practices. In order to make this possible, AirAsia do implementing several key strategies. First is stressing on Safety. Safety is the single most important criteria in every aspect of the operations, an area that AirAsia will never compromise on. AirAsia complies with the conditions set by regulators in all the countries where the airline operates. In addition, AirAsia partners with the world’s most renowned maintenance providers to ensure that its fleet is always in the best condition. AirAsia has committed itself to a program of reducing risks and hazards normally associated with our industry through a Safety Management System. This commitment is extended to ensure the full integration of a safety culture, safety policy and safety objectives in a proactive approach to aviation safety. In short, AirAsia’s Safety Management System is not just an add-on but a core part of its business process. It is the way the company’s do business. The critical safety functions of senior management are in the areas of strategy and leadership. Senior management will provide a vision for safety management and provide adequate resources to achieve this level of safety. Second is ensuring high aircraft utilization. AirAsia’s high frequency flights have made it more convenient for guests to travel as the airline implements a quick turnaround of 25 minutes, which is the fastest in the region. This has resulted in high aircraft utilisation, lower costs and greater airline and staff productivity. Efficient Fleet, AirAsia continues to invest in new aircraft. As of the end of 2008, the Group received a total of 56 Airbus A320 aircraft and the deployment is as follows. Malaysian operations has received 46 and is now a fully Airbus A320 aircraft feet. Thailand operations has received six and Indonesian operation, four. AirAisa’s fleet is among the youngest in Asia and they will get even younger as they take delivery of 14 Airbus A320 aircraft and retire nine older Boeing 737-300 â€Å"Classics† aircraft in 2009. These Airbus A320 are ultra modern, more fuel efficient and environmentally friendly aircraft with unparalleled levels of passenger comfort, serviceability and reliability. They have received positive feedback that that passengers love this aircraft. These aircraft have reduced operational cost significantly and helped to deliver strong profits. Third is offering low fare but no frills. AirAsia targets guests who are prepared to do away with frills such as meals, frequent flyer miles or airport lounges in exchange for fares lower than those currently offered without comprising on quality and service. Guests have the choice of buying exclusively prepared meals, snacks and drinks from their in-flight service at an affordable price. While onboard AirAsia the best thing to do, of course, is to eat and drink. They are offering a vast selection of food and drinks without punching a hole in your wallet. Fourth is ensuring streamline operations. Making the process as simple as possible is the key to AirAsia’s success. The company is working towards a single aircraft fleet, which greatly reduces duplicating manpower requirements as well as stocking of maintenance parts. There is only one class seating, which is first class, and passengers are free to sit where they choose. Fifth is ensuring lean distribution system. AirAsia offers a wide and innovative range of distribution channels to make booking and traveling easier for its guests. AirAsia’s ticketless service provides a low cost alternative to issuing printed tickets. The company have worked very hard through countless hours of research and development to ensure that their istribution system is, simple. ‘Simple’ is a relative word when you are catering to the needs of millions of people across the world. AirAsia have developed a comprehensive, yet simple distribution system. One that is capable of handling the most technologically savvy customer to the most technologically deprived. The company’s website www. airasia. com is available in seven languages and their call centre is conversant in the major spoken Asian languages. For those always on the go, they can book a flight using mobile phone at www. mobile. airasia. com. The company have recently upgraded their self check-in machines with a simpler and more powerful version. The transaction takes not more than two minutes to complete. This new machine also has an advanced security feature which effectively cuts the risk of fraud. Other than that, the company have also expanded their web check-in facility to all stations and destinations. Customer can now use the web check-in facility even if they have baggage (previously web check-in was only for passengers without baggage). Sixth is point to point network. The Low Cost Carrier model shuns the hub-and spoke system and adopts the simple point to-point network. All AirAsia flights are shorthaul (four hour flight or less). The underlying business is to get a person from point A to B. On Time Performance, nothing irks airline passengers more than a delay. Often, these delays are caused by factors beyond the company’s control. This leading low fare airline in the Asia has been expanding rapidly since 2001, to become an award winning and the largest low cost carrier in Asia. With a fleet of 72 aircrafts, AirAsia flies to over 61 domestic and international destinations with 108 routes, and operates over 400 flights daily from hubs located in Malaysia, Thailand and Indonesia. To date, AirAsia has flown over 55 million guests across the region and continues to spread its wings to create more extensive route network through its associate companies, Thai AirAsia and Indonesia AirAsia. AirAsia with the ordinary symbol but with strong brand, â€Å"now everyone can fly† nowadays has been phenomena in Airlines industry especially in Asia region. AirAsia is one of the airline companies who more focused with the strategy how to reduce inefficiency and make it low possible fare in the world. With the cost-efficiency, low complexity and profitability are always the cornerstones of building a strong business. According to Dawna and Blaise (2005), the most successful carriers came to dominate their hub markets allowing them to exert greater control over pricing and capacity. This is what AirAisa successfully done. Till date, AirAsia had received many awards and recognition form various parties. The achievement was not only given to the company itself, but also to Ybhg. Dato’ Tony Fernandez as well. In 2010, he was awarded as Masterclass Global CEO of the year. (See Appendices).

Change in the Nuclear Family Essay

Everyone on the planet has a family, but not everyone sees eye to eye about what constitutes as a â€Å"real† family. Since WWII, the structure of the American family has been constantly changing. The â€Å"normal† American family is known as the nuclear family, with a mother, father, son, daughter, and occasionally, a pet. But as time has progressed, the nuclear family has had to make room for larger families, single parent families, biracial families, and families with step and half relatives in them. After WWII, the American family’s structure changed drastically, with many types of families appearing, aside from the nuclear family structure. The baby boom led to larger families and an increase of child births and the women’s right movement and counterculture played part in the rise of single parent households. With minorities gaining more rights, more biracial households started to appear, while couples’ decisions to get divorces led to step families and half siblings in families. The definition of a â€Å"normal† American family has been continuously changing since the 50s, but no matter what anyone says, it is still a family. During World War II, American families were disarrayed. With approximately 16 million soldiers leaving their families and going to war, households in America were left in distress (nationalww2museum). Many men had to abandon their work positions to go to war, which left many jobs vacant. The women of America had to step up and fill the missing men’s positions in the work force, meaning many children were left parentless during the day, â€Å"In 1940 only 8. 6% of mothers with children younger than 18 were in the work force† (Boschee). Though 8. 6% does not seem high, it is higher than the percent of women employed ever before at that time. Employed women with children under the age of 18 were leaving many â€Å"latchkey children† unsupervised during working hours, causing the rate of juvenile delinquency to rise (Todd). Other children were left under the watchful eye of close friends or relatives while their mother was working. Older sons and daughters in the family also had to assume new and unfamiliar roles to help support their family while the money maker in the family was away at war. Once the war ended, and the surviving soldiers returned to their home soil in the U. S. , he familial structure in America started to change with a massive increase of births. After World War II finally came to an end, a new era started; which raised the number of children born into American families. This period of time in America’s history is known as the Baby Boom and it is when the number of births increased dramatically. During the first year of the Baby Boom, the birth rate was incredible, â€Å"In 1946, the first year of the Baby Boom, new births in the U. S. skyrocketed to 3. 47 million births. New births continued to grow throughout the 1940s and 1950s, leading to a peak in the late 1950s with 4. million births in 1957 and 1961† (Todd). The increase of births meant that more households that previously didn’t have children now housed kids and houses that already had children contained even more. The air smelled of enthusiasm and confidence during the years immediately following WWII, â€Å"Exhilaration and optimism after the war seemed to combine with a general feeling of affluence in a booming postwar economy, and generous provisions for returning GIs, to make young couples feel able and willing to support children† (Macunovich). The Baby Boom era paved a path for the nuclear family to be created, with the mother, father, son, and daughter living in a quiet little suburb with a picket white fence and a golden retriever playfully chasing the kids. But to many closed-minded American’s horror, the nuclear family succumbed to â€Å"out of the norm† family structures, with more and more single parents appearing. The rise of single-parenthood was partly on account of the counterculture, which was created because of the social and political events that happened in the 1950s. The counterculture movement â€Å"prompted many people to question traditional boundaries† (Roberts). This meant that many people had freer attitudes towards cultural norms like hairstyles, types of music, and drug use. Also, a teeming amount of people under the age of 30 had freer attitudes towards sexual relationships, with one poll showing that almost two thirds of Americans over the age of 30 were against sex before marriage, while a majority of Americans under the age of 29 were not (Roberts). Because so many Americans were having premarital sex, single parent households started to show up more often. With the two who took part in the once sacred act usually going separate ways after they had sex, the female was always left alone with a baby to bear, if she was to become pregnant. The counterculture also led to an increase of out-of-wedlock births (Himmelfarb). Both things being something most Americans living in that time period were not used to seeing. Although the counterculture movement played a big role in introducing more single-parent households into American society, it is not the only event that catalyzed more changes in the structure of American families. By the end of the 1960s, a new movement called the Women’s Rights Movement, also contributed to the rise of single-parent homes in the nation. During this second wave of feminism, women were more determined to gain equal rights. In 1963, the Equal Pay Act was passed, which ended gender discrimination in the work force, including wage (Women Deserve Equal). Because the women felt like they could depend more on themselves, they did not have to marry a man to support her family. Many militant feminists referred to marriage as â€Å"slavery† and â€Å"legalized rape† (Mintz). Some of the women that felt that way still wanted children though; just not a man to bind her to the house. Thus, creating another reason that single-parenthood started to make more appearances in American households. The counterculture and the second women’s rights movement changed the structure of American family structure in a way that made single parents more abundant throughout the nation; the civil rights movement changed the familial structure by mixing races. When African Americans gained more rights, it caused consternation to bubble up in racist Americans, while the accepting American community rejoiced and felt a better sense of security if they were to form a biracial family. The Civil Rights Acts of 1957 and 1964 were two major acts passed by the U. S. government that gave minorities more rights and protection against racist groups like the Ku Klux Klan (Lapsansky-Werner). Biracial families were once illegal in some states, â€Å"Forty years ago, the U. S.  Supreme Court overturned a state law in Virginia that prohibited whites from marrying non-whites. The ruling in Loving v. Virginia invalidated similar bans in 15 other states† (Powell). After biracial couples could get married legally, mixed race households became more apparent. The ruling in Loving v. Virginia made a big impact on the familial structures in America. The statistics of biracial marriages has definitely rose, as seen in these statistics, â€Å"†¦black-white marriages increased from 65,000 in 1970 to 422,000 in 2005, according to Census Bureau figures† (After 40 Years). More black-white marriages have led to more children with both black and white genes. In addition to more biracial families being introduced into American society, more families with more complex structures started to appear, as well. When married couples get divorced they usually get remarried, which can lead to step and half relatives. During the 60s, fifty-two percent of women who got married were pregnant and they got married to avoid having a child out of wedlock (Shiono). This being said, it is safe to say that over half of married couples had at least one child during their marriage. Forty-five to fifty percent of first marriages end in divorce (Baker). Many people get remarried after divorcing their first spouse, with seventy five percent of people who have gone through a divorce becoming remarried (Stewart). When the father or mother gets remarried, there is always a chance his or her new spouse has children of their own already, creating step-siblings for the child they had during their first failed marriage. If the two new spouses decide to have another child, half-siblings are born. With more and more divorces and remarriages, families with half and step siblings are more likely to be found throughout the nation’s homes. Many people call homes that suffer from a divorce a â€Å"broken home,† but in reality, it is just another chance for a family to have one more shot at finding its â€Å"Happily Ever After. † Change is something that comes with life and it is something that the American family structure is no stranger to, going through constant changes throughout the years. Going from the nuclear family structure to families with more than two kids, families being raised by one parent, and families with step and half siblings, are all changes that the familial structure in America has encountered. Change in the nation’s family structure is inevitable, whether it is being brought on by an increased number of births, movements that challenge everyday thinking or ones that demand more rights. Even something like a failed marriage’s result have brought about changes in family structure in the U. S. Every family is built from different bricks but they all have the same mortar- love.

Franchise Business Research Paper Example | Topics and Well Written Essays - 1250 words

Franchise Business - Research Paper Example This research will begin with the origin of franchising. The history of franchising dates back to 1850’s when an American entrepreneur Isaac Singer the inventor of the sewing machine chose to sell licenses to other entrepreneurs in different parts of the country. This idea was prompted by the fact that his company staff could not provide sufficient training to the customers who bought his product. In 1960, Ray Kroc, an American fast food businessman after taking over small chains of food companies laid strong foundations for one of the most successful food franchises in the world. Due to globalization and reduction of barriers to international trade like tariffs, many firms driven by the need to increase production of goods and services have used franchising as a perfect tool to market their products in other countries outside the place of incorporation. Multinational companies like Coca-Cola, a producer of drinks and leading firms in automobile industry like Toyota are operat ing in almost every part of the world through franchising. In the 20th century, most of the world’s economies followed expansionary paths, with many firms finding a solution to increase their customer base in operating businesses in foreign countries. During this period, most countries had an exponential increase in population growth rates that necessitated accommodating foreign firms in an economy for this would spur employment opportunities. (Hammond, 2011). Businesses that are run of franchising rails stand a chance of excelling because the products as well as services brought in the market place have been established by the franchisor and the setbacks in launching a new product were dealt with originally. Again, a proven business formula has been put in place for marketing the product, and the franchisee’s business will not need extra time to pick momentum in the new market place. For businessmen and women, trading with already tested products offers income (Hiam, 2007). Nature of the business This franchising business is global, whereby the multinational has a registered head office in the country of incorporation. Coca-Cola Limited is an example of a franchise which has its head office in New York, U.S.A. being, spread to almost each country in almost every continent, each country has a registered head office where the major policies and administrative functions are carried out from. At country level, Coca-Cola Limited after assessing the market potential of its products and analyzing the annual demand of its drinks will enter into an agreement with potential business firms to aid in the production and distribution of its products to the entire nation. Other business operations like carrying out market research, mobilizing the locally available raw materials will thus be made easy through this arrangement. In return, the business firm turned franchise will generate income from the sale of the drinks to the local customers. The business turns them to their ‘own boss ’ since they now operate their own firms. On the same note, Coca-Cola Limited will lay down the procedures and rules that are to be followed by the successful franchises to carry out the business (Nash, 2000). This will make the franchises from violating Coca-Cola’s policy which may damage the reputation of their products. Coordination between the franchisor an

Commercial agency agreement Essay Example | Topics and Well Written Essays - 2500 words

Commercial agency agreement - Essay Example The intended parties to the Agreement will no doubt have meetings first to discuss the terms for the appointment.' It is suggested that they reach some "Heads of Terms" first and that those are then transferred over to the Agreement. It is likely that the terms agreed by the parties and set out in the Agreement will be covered by the Commercial Agents (Council Directive) Regulations 1993 (Brown, 2006), as amended.' These Regulations deal with the rights and liabilities of parties who have entered into a commercial agency, and deal with such matters as the remuneration to be paid,' the period of notice to be given and the entitlement of the agent in some cases to compensation on the agency being terminated. The Establishment of Agreement covers activities or services that Cockatoo SA provides during the development stage of the partnership. The proposal and development agreements may be carried out by Cockatoo SA directly, or by Consultants and Contractors employed by Cockatoo SA. The Products provided includes the Children's wear provided by the company. The establishment of the agreement is based on Cockatoo SA's provisions, managing and marketing strategies of the selling of the Product. Where the Reseller at this point also intends to undertake meetings and deliberations with its consultants for the possible offer from Cockatoo SA to provide for the Customers demand as reflected on the terms necessary. In addition, the parties may have other terms to agree about this.' It is obviously unlikely that the Agent would agree to the Principal having complete freedom to sell in competition with the Agent. Clause 4 - Terms of Agreement The agreement provides for reasonable and proper costs (including costs of risks not contracted out, insured or covered through the Regulations) to be passed through to the Partnership on an emerging cost basis. If reselling constraints or other concerns mean that the Investor requires greater certainty over costs, it may be possible to offer a fixed price as proposed in the Agreement. However, it is not possible to fix some elements, such as the costs of store enhancements, and a fixed price at this stage will not mean that the costs of the Manufacturing can be fixed. The Principal will have to draw up an account in order to calculate the Commission.' It may be appropriate to add further provisions here as to how the account is to be prepared. Capitalised terms used in these guidance notes are defined in the agreement. This clause includes general provisions as to consents including the fact that Cockatoo SA retains sole discretion in relation to its directives on the Reseller. In

Annotated Bibliography Assignment Example | Topics and Well Written Essays - 250 words

Annotated Bibliography - Assignment Example In this book, the author gives information on the latest designs that are used in the aircraft industry. Among the recent materials used are the composite materials which have been highly rated. The author is an associate in the Royal Aeronautical Society, which makes the book have full information on the development of the aircraft industry. The federal aviation gives information on all the acceptable standards of materials used in making aircraft and the manual that can be used by pilots in the course of their working. The federal foundation is a body that controls the aircraft industry with control over a number of issues. This material hives information on how the technology has been improving in using composite materials in making aircraft. The author incepts that there are advantages in the use of the composite materials. The author is the head of strength analysis group. National oceanography centre. (27th June 2006). Composites in aerospoace- case studies. Southampton: National oceanography centre. Retrieved from: http://www.infosys.com/industries/aerospace-defense/case-studies/documents/living-composites.pdf With a team of experts, the national oceanography gives the case studies that have been used in making the composite materials a success. The experts have studied the use of the composite materials and how they should be improved in their usage. Edwards T. (September, 2008). Composite material revolutionizes aerospace engineering. New York: Engineering consultancy Atkins. Retrieved from: http://www.ingenia.org.uk/ingenia/issues/issue36/edwards.pdf Edwards gives all the information that is used in making the composite materials used in the aerospace. This information also gives the future of the use of composite materials as the technological improvement of aeronautical engineering. Edwards is a chief structural engineer and has ample information about composite

Is this a great essay or what Example | Topics and Well Written Essays - 1250 words

Is this a great or what - Essay Example It is a kind of printed appearances on topical contemporary questions. In fact, it is the time in Twain’s life and work, which is marked by satirical rage, bitterness, and despair, sharply contrasting with the prevailing view of the writer as a laughing humorist, which has been living in the readers’ minds for a long time, and making late Twain one of the truly tragic figures of American culture. In particular, in his essay â€Å"The Damned Human Race† he questions the status of man as a supreme being in the hierarchy of living creatures of planet Earth. In typical to him unmasking manner of that period of creativity, Mark Twain brings into being a great American essay extremely conforming to the standards of writing an essay according to Lapham’s notion. The first obvious Lapham’s norm, which is brightly represented in Twain’s â€Å"The Damned Human Race†, is writing an assay as a depiction of thoughts through their audition on the paper or any other way. It is some sort of improvisation, or rather a flurry of speculations on a concrete acute topic. As we can see from the analyzed essay, Twain represents his own vision, his own understanding of the origin of a mankind through making contrasts of parallel lines of behavior patterns of human beings and animals. His striking and challenging idea becomes that particular fact that comes from his own supervisions and serves as an unpredictable concept, which makes people’s minds to protest or question their precede knowledge of the issue. And this is a specific feature of an improvisational manner of reflections. The central point for Twain’s argument against the highest nature of men is their cruelty, meanness, and consumer nature in comparison with hig her principles of animals’ existence, dictated by the laws of nature only. In a point of Twain’s fact, humans enslave each other on the basis of dependence and money ranking; kill dissidents and representatives of other religious

Private Companies and Correctional Institutions Essay

Private Companies and Correctional Institutions - Essay Example This is not the case if things are handled in a proper manner when there is an all-out understanding that the private companies would follow the state’s dictum. The correctional institutions if set up under the realms of a private company, should be closely watched over by the state because this could mean problems of a magnanimous nature if the private companies prison individuals with which they have their own respective enmities and rifts. Having such jails would be tantamount to bringing in anarchic situations within the private companies and indeed the society at large, as there are problems that need to be understood before drafting in the correctional institutions (Cecil, 2010). What is even more significant is the fact that these correctional institutions should always be monitored regularly because this is the need of the hour. As far as the role of the private companies is concerned, the correctional institutions would always have to be bringing in the value for the sake of the society because the governmental believes in the same philosophy and it is only natural to think of it as such within the private companies. The private companies must comprehend that having correctional institutions is indeed a sensitive issue, and one that demands a great deal of vigilance and responsibility. The consequences of any weaknesses on the part of these private companies could have far reaching ramifications and the role of the top management within such private companies is one of essence. Administering such sensitive functions should only be carried about if the private companies believe in their strengths, and then only undertake such efforts to have correctional institutions within their fore. ... If these private companies believe that they can set up such correctional institutions and take care of the administration affairs at a later stage, this is asking for trouble. The state must not allow such private companies to undertake measures of correcting individuals who have committed a crime or have been labeled as offenders. The need is to carry out all the actions and tasks in a very honest way because the greater good of the society is at stake, and thus the private companies should always be certain that they will be at their best under such situations. What is even more interesting is the fact that the dangerous functions are understood properly by the private companies before these think of venturing into such domains. If they do not have any idea of the gravity of the tasks that they are getting into, it is in their best interest to keep away from the same, and concentrate on their core business areas. Works Cited Cecil, Dawn. Televised Images of Jail: Lessons in Contro lling the Unruly. Sociology of Crime Law and Deviance, 14,

Assingment 8 Assignment Example | Topics and Well Written Essays - 500 words

Assingment 8 - Assignment Example They should, therefore, be given a second chance. Additionally, just as we cannot treat juveniles as adults when matters such as voting and employment are concerned, there is no reason to treat them as adults when it comes to more delicate issues such as violation of the law. An ostensible fact is that juveniles are immature and no reasoning can justify the aspect of treating them as adults in a court or prison (LawyerShop, 2008). Treating them as adults only ruins a potentially beneficial youth and expose them to unwarranted health risks such as sexual harassment. Proving my answer: The current population strives so much to attain equality. No matter the age, a minor is capable of differentiating good from bad. The juvenile is not insane and hence should be treated like an adult when it comes to criminal cases. Equality is the air that we are breathing. Regardless of who does the offense, justice must prevail and the juvenile offender should not prevaricate punishment. Anybody who commits crime is a criminal; the mere fact that they are juveniles does not diminish the effect of the delinquency on the victim. Criminals are all over our neighborhood living happy and peaceful bliss while their victims and families of the victims are left in unfathomable suffering forever (Flowers, 2002). There is, therefore, no reason to exercise some degree of mercy when convicting juveniles since that will not help in reducing the crime rate. Refuting other possible answers: I strongly believe that with the current advent of technology, people are brighter than you can expect and very smart intellectually. Juveniles engage in crime knowingly a fact that can be supported by the 12 % social recidivism rate among juvenile offenders (Steinberget al., 2015). What’s more, some juveniles simply enjoy engaging in crimes such as rape and murder. Rapists, murderers and other convicts are being released from jail

Leaders of Quantum Healthcare Organizations Essay

Leaders of Quantum Healthcare Organizations - Essay Example Unlike other types of leaders, a quantum leader is more concerned with bringing change rather than controlling. A quantum leader brings change by using reality in the best innovative and creative means available. To ensure that the climate of change suitably works in the hospital system, the quantum leader must be a critical thinker, a successful planner, and most importantly plays the role of a mediator (Montgomery, 2011). The quantum leader is the chief decision maker and problem solver of the health organization. It is through environmental analysis that the quantum leader identifies the immediate and long-term needs of a health organization. As a nurse educator in the coronary critical care unit, possessing quantum leadership qualities means a lot in terms of making quick, sound and well-informed decisions on patient’s care (Dargahi, 2013). Saving life requires a leader who is swift in action rather than that who is best at instructing. The ability to make quick life-saving decisions, perform thorough physical assessments, communicate clearly to the health care team and advocate for the patient’s rights are all responsibilities a coronary critical care nurse shoulders. It is worth mentioning that quantum leadership can be cultivated right from the first year of study and be applied long after graduation. Quantum leadership helps a critical care nurse to make appropriate and continuous decisions on patient care. Montgomery, K. L. (2011). Leadership redefined: educating the Doctorate of Nursing Practice nurse leader through innovation. Nursing Administration Quarterly, 35(3), 248-251.

Concept of Justice in Plato's Republic Essay Example | Topics and Well Written Essays - 1500 words

Concept of Justice in Plato's Republic - Essay Example This argument is presented to Socrates in an accusatory fashion, and with Thrasymachus’ replies to what Socrates seeks in clarification in support of his argument, it seems evident that Thrasymachus’ himself did not completely understand the depth of the position he just took. This becomes apparent when Socrates designs his retorts to explore the argument further, dedicating the rest of the Book I to seeking clarification of the argument Thrasymachus’ had just presented. Socrates aims to make it apparent that a concept of justice such as this must develop in a coherent fashion towards one final definition of justice presented by Thrasymachus’, but as the argument continues, it is seen that Thrasymachus’ himself is slightly skewed in his approach and ends up presenting more than one definition of justice, with both consistencies and inconsistencies between the two. Discussion between Thrasymachus, Socrates and Cleitophon Thrasymachus, who originally seemed like an avid listener, enters into the discussion of justice by interrupting Socrates in a seemingly demeaning manner at 336b, positioning himself first as an aggressive philosopher who was staunch in his understanding of the dialogue at hand, ready to move forward and express his displeasure with the same, â€Å"But when we paused †¦ he could no longer keep quiet; hunched up like a wild beast, he flung himself at us as if to tear us to pieces.† (336b). Moreover, he exclaims to the recipient, â€Å"What if I could show you another answer about justice besides all these and better than they are? What punishment do you think you would deserve to suffer?† (337d). Clearly, Thrasymachus is about to make a sweeping statement regarding the concept of justice. When Thrasymachus delivers his version of what he believes justice encompasses, â€Å"nothing other than the advantage of the stronger party† (338c), Socrates approaches the man with a determined outlo ok to seek clarification. In response to his appeal, Thrasymachus presents clarifying examples, describing at first instance the various systems of governance that permeate societies of modern age, specifically, tyranny, democracy, and aristocracy. In all three of these variants, governments seek to design laws that not only uplift their own desires but also make it unlawful to act against them, passing laws with a view to their own advantage (338e). Justice is then designed to be the responsibility of the government, who would pertinently seek to protect their own wishes before they protect anyone else’s, making it clear that in â€Å"every city, the same thing is just, the advantage of the established ruling body† (339a). Thus, Thrasymachus applies that a reasonable man would necessarily conclude that the advantage of the ruling elite becomes justice in the land that he governs. In doing so, he supplies us with the first interpretation of his sweeping ideology of jus tice, that it is what is to the advantage of the stronger party; the strongest of the land take charge, make their own laws, and in doing so, define what is just and what is not. It follows that a person who acts in compliance with the wishes of his government is definitely just. To the above utterance, Plato, speaking via his teacher Socrates, begins to identify possible loopholes. According to him, there is a distinct lack of adherence in Thrasymachus’

Industrial Revolution Essay Example for Free

Industrial Revolution Essay The industrial revolution throughout the 19th century that brought forth significant changes the world’s economy, past and present. Technology and science were big reason for the boom in the economy. It was because of the industrial revolution. Industrialization helped pave the way for how Nations are built today. The industrial revolution is the reason for improvements in the middle and lower class, advances in technology, improving economies, and led to the expansion of Imperialism (Stearns, 2010). Industrialization perhaps had the most impact of the economic state of the world and its successes are still seen today. The industrial revolution (between 1750 and 1914) brought upon colossal change; people started to discover faster more efficient ways of producing goods. This growth in production led to new product ideas, new transportation methods, and more factory jobs (Stearns, 2010). Industrialization was built on the idea of capitalism and involved risky investments that proved to have a high return. New businesses forms emerged through expanded joint-stock companies and banks to help mobilize the rising capital. There was also a growth in the population due to the agricultural revolution and urbanization took place (Mokyr, 2007). This was not all good. Sickness and disease was very common due to pollution and poor irrigation/plumbing systems. This was a problem that was solved because of invention during the industrial revolution improving the quality of life and the life expectancy. Science and technology are really the key successes to the industrial revolution. One example of this is the invention of the steam engine by James Watt (Stearns, 2010). This literally changed everything and paved the way for the invention of new equipment. The steam engine was used in boats and factories. The engines in boats allowed for new discoveries of raw material. This was prevalent in Africa where the Europeans could now travel through rivers that were before uncharted. Another example is that the new source of power led to drastic improvements on factories and machines. There was a surplus of goods and improvements on the transportation systems, especially the railroads, took off during the industrial revolution (Mokyr, 2007). This new technology allowed for more entrepreneurs to become inventors. Invention came one after the other that would continually improve the industrial systems, which is still the case today. The industrial revolution was a period of scientific and technological growth. This inspired people to develop new ideas and turn them into inventions. This period of change helped pave the way for the current economy of the world and how it continues to grow. We now have larger manufacturing capabilities, better medical facilities, and a borderless system, in terms of delivery of products. Large cities can also be contributed to the industrial revolution. Urbanization also took off during this period. As a result of the industrial revolution economies flourished. It allowed for resources to be developed faster for sale not only locally but globally. The effects of this period are still relevant today in economics. New scientific breakthroughs and invention are being developed almost every day it seems. The industrial revolution is an important time in history and the effects can still be seen today through industry and education. Without the revolution one can only imagine what economy and the world would be like today. References: Stearns, P. N. (2010). World history in brief, volume 2, major patterns of change and continuity: Since 1450. (7th ed., Vol. 2, pp. 337-416). Upper Saddle River, NJ: Pearson College Div. Mokyr, J. (2007). The european enlightenment, the industrial revolution, and modern economic growth. (Masters thesis)Retrieved from http://faculty.wcas.northwestern.edu/~jmokyr/Florence-Weber.PDF

Waste Management Strategies Essay Example for Free

Waste Management Strategies Essay Waste Management is the process of disposing, managing and monitoring of our waste materials. These important steps help us to reduce or eliminate the effects it has on our health and the environment. By practicing waste management we are observing our consumption of resources and working to reduce the hazardous waste used. These practices can provide enormous change in our lives and give hope to future generations. We need to promote and implement resourceful recovery practices. These are recycling, composting, energy initiatives and recovery, waste prevention and many more. The key component is to encourage improvements in our environmental efficiencies which will eliminate waste. Managing waste is an important undertaking that will bring back the necessary balance in our environment. Most of our waste materials have actually been caused by our daily human activity. Some example would be the disposal of our waste in landfills or when we burn waste in incinerators. These options, we have found, created further environmental problems. These results would be the wind scattering the trash which then landed in our waterways and ecosystems. Even toxic liquids would leak through the landfill absorbing the additional harmful substances and polluting the environment. Ultimately, all the waste materials create serious hazardous effects on our environment which we have had to implement better ways. Well, we do have options, capabilities and yes, some limitation with the various types of wastes management available. We seriously must take better care to protect our health, lives, and the environment. Steps to promote recycling and reusing have been a popular method to manage our waste. Other disposable options have been on the rise in usage. High on the list are composting, open burning, well monitored incineration, rendering, and   other treatment and disposals methods. Reusing and recycling still remains the most popular waste management practice. It certainly helps in the protection of the environment and the added value is the saving of our resources and promoting a cleaner world. Read more: Proper Waste Management in the Philippines Prior to World War II, we lived in a world where we used and reused our materials. In the past, we placed much emphasis and value on our resources, tools and materials. It was the norm to return, reuse and recycle materials. It was the norm, necessary and only way to live. But, with the rebuilding of our world came new ideas and new ways to provide resources to our businesses, households and communities. Many found that the quicker and more convenient way to consume products, materials and substances became increasingly popular and available to all. So, the start of using cans and replacing glass bottles had been implemented because of less costs and convenience. Regrettably, along with the returnable deposits declined came the waste problems. Even though companies found the easiness of using cans helped boost their sales in the beverage industry they could not ignore the negative effects of waste. By 1960, approximately half the beers were distributed and sold in cans but soft drinks were still sold in refillable glass bottles. Gradually the shift from refillable soft drink in a bottle was the way of the past. The use of cans now caught on with the beverage industry. Sadly, this resulted in can being littered throughout the communities and lead to the serious waste problem. Yes, businesses profited from the change. The success was far too good even when the environmentalists with proposing a bottle bills law could not reverse the new trend. This law stated a mandatory refundable deposit on beer and soft drink containers to encourage returns. This bottle bill law required a minimum refundable deposit to insure more recycling or reuse of materials to protect our recourses. The system was known as the deposit refund system which remains today. The beverage industry did support this bill but wanted a guarantee of the return of their glass bottles to be washed, refilled, and resold for reproduction. This would help to reduce beverage containers being litter and ultimately conserve our precious natural resources. It would help to reduce the amount of solid  waste going into landfills and promote recycling. But, quite frankly, it really hasn’t affected overall change because many other industries have created so much waste and have not followed in the footsteps to recycle. We do have more work ahead to remodel the habits and behavior of our world. The deposit laws for container have been a tremendous success. These initiatives which New York has implemented have created a cleaner and healthier environment. The Environmental Protection Agency funding was estimated to increase to approximately just under $20 million. This will guarantee proceeds to strengthen their ability to enforce the requirements to sell only containers with deposits paid on them. The returnable container act will reduce roadside litter, recycle billions of containers at no cost to government, save over 50 billion barrels in oil, and eliminate hundreds of millions in greenhouse gases a year. By recycling our beverage cans and bottles we can save energy and protect our environment. It has been noted that recycling aluminum cans saves nearly all of the energy required to make them. Also, recycling beverage containers will greatly reduce the litter and lessens the burden on landfills. We have learned to reduce energy and raw materials consumption means the reduction in pollution. We know that pollution has been the cause of acid rain, smog, mercury-poisoning in lakes, rivers and stream, and ultimately global warming world-wide. So, to protect our environment we need to implement and encourage ways of healthy more effective, harmonious, product living styles. Some do find that those measure are unnecessary and in effective. We do know that recycling containers with a deposit amount can increase the rates from 75% to 95% but these containers only account for 5% of our waste stream. The value placed on incentives for containers encourages recycling but the deposit system cost more than the drop off curb side program. The individual finds collecting and depositing containers easier then businesses who find it problematic and burdensome on their storage and transportation expenses. Those who support the container laws find that it does reduce litter but those who disagree believe that a comprehensive litter control  program would be more efficient and effective. The opposition confirms that only 8.5% of general litter is actually beverage containers. Since the bottle bill has been an overwhelming success then to include other non-carbonated drinks would be a good idea. It certainly shows that it takes the same amount of time, money and energy to include other drinks. We have seen additional litter from these non-carbonated drink containers. We have the statistics showing the increased recycling due to the beverage container laws. Yes, the responsibility to provide these programs sits with these non-carbonated drinks. Forcing these laws would be touchy politically but encouraging them would be worth it. Even though some would agree that the price of the non-carbonated drinks would increase due to the added responsibility dealing with these recycling programs. But those who were opposed to the law would agree with alternative legislation that supports all. In Massachusetts, they are celebrating their 30th anniversary of the bottle bill. From inception, it has been estimated that 35 billion carbonated drink containers have been exchanged through the program. Even the Massachusetts Coalition gave praises on the updates and changed to the bill over the years. It is most definitely agreed that it has contributed to a healthier environment, cleaner and safer communities, and a stronger economy. These programs are an excellent example of corporate responsibility for the beverage companies. They have managed the problems of littering, environmental pollution intern paid to help clean it up. Much research is being done in developing plastic that is degradable. This exciting possibility could be the key to lowering the environmental impact. Plastic is nearly indestructible and is difficult to recycle and hard to breakdown. Bio-plastic is derived from biomass sources that are mixed with oil base materials. The Oxo-bio has great advantages as it has it can degrade completely without living residue but oxygen is required for the process to occur. This can occur on land and in the water and the oxo-bio will not harm other plastics in the recycling system. Oxo-bio does not have a future in the plastic container industry which will bring great value to the fight against environmental pollution. Certainly, addressing the solid waste, overall inclusive deposit container law, recycling and litter issues with a comprehensive approach that will emphasize solutions that are effective and efficient will be much better as a whole. Some key areas to address and promote are education and awareness, efficient and effective solutions, curbside recycling program, balance and equitable treatment in all areas for the waste producers, and finally the administration, implementation and enforcement of these waste management laws. References Australia. Queensland Government. Community Health. Waste Management Why Management Is Important. N.p., 22 Jan. 2008. Web. 19 June 2013. Retrieved from: http://www.health.qld.gov.au/ehworm/waste_management/why_management.asp Nahnson, Jerry A. Encyclopedia Britannica Online. Encyclopedia Britannica Online. Encyclopedia Britannica, n.d. Web. 19 June 2013. Retrieved from: http://www.britannica.com/EBchecked/topic/553362/solid-waste-management Bottle Bill Resource Guide. Bottle Bill Resource Guide. Container Recycling Institute, n.d. Web. 19 June 2013. Retrieved from: http://www.bottlebill.org/ Daily, Steven, ed. Container Deposit Laws (Bottle Bills). Container Deposit Laws (Bottle Bills) (n.d.): n. pag. Container Deposit Laws (Bottle Bills). Web. 19 June 2013. Retrieved from: http://www.lawserver.com/law/articles/container-deposit-laws-bottle-bills History of Deposit / Return Systems or â€Å"Bottle Bills†. State Environmental Resource Center. Wisconsin Office of Defenders of Wi ldlife, n.d. Web. 19 June 2013. Retrieved from: http://www.serconline.org/bottlebill/background.html Hamou, Jamal. Definition of Waste Management. Waste Management. EcoLife A Guide to Green Living, n.d. Web. 19 June 2013. Retrieved from: http://www.ecolife.com/define/waste-management.html United States. Environmental Protection Agency. Waste Management for Homeland Security Incidents. EPA. Environmental Protection Agency, 15 Nov. 2012. Web. 19 June 2013. Retrieved from: http://www.epa.gov/osw/homeland/consid.htm Recycling and Composting. NYS Dept. of Environmental Conservation. N.p., n.d. Web. 19 June 2013. Retrieved from: http://www.dec.ny.gov/chemical/294.html Expand the Bottle Bill Neighborhood Network. N.p., n.d. Web. 19 June 2013. Retrieved from: http://www.longislandnn.org/stewardship/deposit.htm Bottle Bill, The Sequel. The Valley Advocate: News -. N.p., n.d. Web. 19 June 2013. Retrieved from: http://www.valleyadvocate.com/article.cfm?aid=16283 The Future of Plastics Is There a Solutin to This Huge Waste Management Problem? Globe-Net.com. N.p., n.d. Web. 19 June 2013. Retrieved from: http://www.globe-net.com/articles/2013/june/11/the-future-of-plastics-is-there-a-solution-to-this-huge-waste-management-problem/

Financial Analysis Of Tesco PLC

Financial Analysis Of Tesco PLC Tesco Plc is a leading UK retailer that operates in 13 countries across Asia, Europe and the United States. In order to evaluate Tescos financial positions in the market, vertical, horizontal and ratio analyses will be implemented. In addition, this report will benchmark two main competitors of the company, namely Morrisons and Sainsburys. Finally, in conclusion it will provide some recommendation for future investors and for those who are considering future employment in the company. 1. Review of Tescos financial fundamentals over the last 5 years. In order to examine Tescos performance, vertical analysis of the financial fundamentals for 2006-2010 would be implemented. 1.1 Income statement trends Table 3: % change PL account 2006/07 2007/08 2008/09 2009/10 Sales 8.08% 10.92% 13.95% 5.59% Cost of sales 8.17% 10.83% 13.84% 5.21% Gross profit 14.37% 4.82% 15.29% 10.08% Expenses 8.27% 10.47% 14.48% 5.80% Operating profit 16.14% 5.40% 13.54% 9.09% Finance income -21.05% 107.78% -37.97% 128.45% Finance cost -10.4% 15.7% 91.2% 21.13% Tax 18.95% -12.8% 17.8% 6.6% Retained profits 20.49% 12.16% 0.38% 9.26% Source: Tesco PLC Annual Report and Financial Statements 2007/10 Sales are the main measures for business growth. Tescos revenue has increased by 7.14% per year for the last 5 years. The slowing GDP growth and the deteriorating consumer confidence, which was result of the recent economic downturn, were the main reasons for the recent slowdown in the rate of growth. The absolute level of sales has still increased. of the companys sales levels. Notwithstanding the challenging economic environment, Tesco managed to maintain strong margins due to significant investments in new stores and lower prices, better pay rates and effective cost management. The lowest operating and gross profits figures were registered in 2007/2008 but this was a result of  £89m investment in US and integration cost from market acquisitions in Czech Republic, Poland and Malaysia. The most significant figure in 2009 is the increased amount of finance costs, from  £250m to  £478m or by 91.2% that was result of increased average net debt level slinked to acquisitions and foreign exchange movements, higher coupon rates on commercial paper and unfavourable changes in the non-cash IFRS elements of the interest charge (Tesco PLC Annual Report and Financial Statements 2009). This considerably affected retained profits and a slight increase by 0.38% was registered. Finally, in 2010 there was a significant increase of the finance income by 128.45%, resulting growth in the retained profits by 9.26% due to the consolidation of Tesco Bank. 1.2 Balance sheet trends Table 4: 2006/07 2007/08 2008/09 2009/10 Current assets 16.76% 37.67% 122.94% -16.23% Inventories 31.90% 25.84% 9.84% 2.25% Trade receivables 20.96% 21.50% 37.15% 5.01% Non-current assets 8.51% 17.96% 34.45% 6.77% Current liabilities 9.69% 25.90% 75.78% -11.23% Non-current liabilities 8.62% 31.48% 87.75% 2.06% Shareholders funds/Equity 11.93% 12.59% 9.18% 12.97% Source: Tesco PLC Annual Report and Financial Statements 2007/10 According to the balance sheet in 2007, the increase in stock and debtors outpaced sales that was quite inconvenience, while the fixed assets were satisfactory. The problem with the stock trend was reversed in 2009 and 2010, but the debtors level, and the liabilities along with the fixed assets grew faster than sales in 2009 as a result of the economic downturn and the consumers uncertainty (see table 4). 2. Ratio Analysis of Tesco Financial ratio analysis is one of the most common methods that provides a quick and relatively simple means of assessing the financial health of a business ( Atrill McLaney, 2006, pp168). 2.1 Profitability Ratios Profitability ratios provide an insight to the degree of success in achieving this purpose (Atrill McLaney, 2006, pp169). Table 5: 2006 2007 2008 2009 2010 ROSF 16.69% 17.96% 17.90% 16.57% 15.91% ROCE 12.70% 12.60% 12.70% 12.80% 12.10% Net profit margin 5.78% 6.21% 5.90% 5.88% 6.07% Gross profit margin 7.67% 8.12% 7.67% 7.76% 8.10% Source: Tesco PLC Annual Report and Financial Statements 2007/10 According to table 5 Tescos ROSF ratios vary between 16-18% and ROCE between 12-13%. In 2007 and 2008 the ratios are tend to increase while in 2010 a considerable drop can be noticed. This reduction is result of the companys strategy to continue investment even during the recession that has affected the returns in short term, but at the same time it promises progress in long term aspect (Tesco PLC Annual Report and Financial Statements 2010). Net profit and gross profit margin ratios have been also remarkably consistent over the 5 years period. Despite the recent economic downturn, Tesco managed to maintain its strong positions and due to efficient cost management, price cuts and increased focus on its clubcard loyalty cart, it raised pre-tax profit by 9% in 2010 (http://www.guardian.co.uk). 2.2 Efficiency Ratios Table 6: 2006 2007 2008 2009 2010 Stock turnover period (days) 15 18 20 19 19 Sales revenue to cap.employed (times) 2.62 2.56 2.38 1.93 1.90 UK Sales revenue per employee 170,923 177,084 179,840 196,436 196,120 Profit per employee 10,190 11,292 10,814 13,065 14,303 UK Sales per square foot 1303 1325 1322 1318 1311 Source: Tesco PLC Annual Report and Financial Statements 2007/10 Generally, the efficiency of Tescos performance during the last 5 years is persistent. Stock turnover ratio has been remarkably steady and has varied between 19-20 days over the last 4 years which is evidence for a good control of stock. However, from 2006 to 2010 sales revenue to capital employed ratio decreased significantly from 2.62 to 1.90 (by 27.5%) which was result of the considerable increase in the level of shareholders funds and non-current liabilities (by 173% and 55% respectively). Additionally, the most important ratios measuring business efficiency are sales per employee and profit per employee. Tescos ratios are satisfactory notwithstanding the declines in 2008 that are understandable bearing in mind the challenging economic conditions (see table 6). 2.3 Liquidity Ratios According to McLaney Atrill liquidity is vital to the survival of a business for there to be sufficient liquid resources available to meet maturing obligations (Atrill McLaney, 2006, pp169). Table 7: 2006 2007 2008 2009 2010 Current ratio 0.52 0.56 0.61 0.75 0.73 Acid test ratio 0.33 0.32 0.37 0.60 0.56 Cash generated from operations to maturing obligations 0.45 0.43 0.40 0.28 0.37 Source: Tesco PLC Annual Report and Financial Statements 2007/10 Tescos liquidity has considerably improved over the 5 years period due to strong cash generations and tight control of capital expenditure. Working capital also increased significantly, by 20%. However, liquidity ratios are still very low, current ratio varying from 0.5 to 0.7 and acid test ratio from 0.3 to 0.5. This seems disastrously when referencing to some textbooks that suggest that current ratio should be around 2 and the acid ratio should be around 1. But according to Atrill McLaney (2006) the current ratio will vary from business to business and a supermarket chain will have a relatively low ratio, as it will hold only fast-moving inventories of finished goods and all of its sales will be made for cash (no credit sales) (trill McLaney, 2006, pp 187). (See table 7) 2.4 Financial Gearing Ratio Gearing ratio is one of the most important indicators regarding the degree of risk associated with a businessà ¢Ã¢â€š ¬Ã‚ ¦it tends to highlight the extent to which the business uses loan finance (Atrill McLaney, 2006, pp169). Table 8: 2006 2007 2008 2009 2010 Gearing ratio 37.23% 36.53% 40.03% 53.86% 51.08% Interest cover ratio 6.26 7.04 6.81 5.64 5.01 Source: Tesco PLC Annual Report and Financial Statements 2007/10 There are no significant changes of Tescos gearing ratio during the last 5 years; it peaked at 53.9% in 2009 due to the significant increase of the long-term liabilities and the shareholders fund resulted of Homever acquisition in South Africa. On the other hand, interest cover ratio decreased significantly from 7 in 2007 to 5 in 2010, but the company still will not have problem to meet its interest (see table 8). 2.5 Investment ratios Investment ratios give an answer to the key question whether shares should be bought, sold or hold. Table 9: 2006 2007 2008 2009 2010 Earnings per share 20.04 22.36 26.95 27.14 29.33 P/E ratio 16.5 19.9 14.6 11.5 13.2 Dividend per share 8.63 9.64 10.9 11.96 13.05 Dividend cover 3.57 4.07 2.69 2.42 2.41 Dividend payout 27.98% 24.59% 37.18% 41.30% 41.44% Dividend yield 2.6% 2.2% 2.7% 3.6% 3.1% cash from operations /number of shares 0.44 0.45 0.52 0.63 0.75 Source: Tesco PLC Annual Report and Financial Statements 2007/10 Tescos earnings per share ratio has increased by around 46% over the last five years, which is a good trend. Dividend per share also registered an excellent growth by 51% for the 5 year period. Dividend cover ratio is another important ratio that determines whether company is attractive for investors. Tescos dividend cover ratio is decreasing significantly over the last 3 years, which is good for investors looking for capital appreciation. However, low dividend cover is unattractive for those seeking income (Fitzgerald, (2002, pp160). Dividend yield is another important investment indicator showing the actual return provided by the company. For 2006-2010 Tescos dividend yield ratio has been quite variable, the lowest rate was 2.2% in 2007 and the highest was 3.6% in 2009. In 2009 the high yield was affected by economic situation and the company was expected to have low profits growth. In contrast, low dividend yields mean that the company is expected to grow its profits quickly (Arno ld, 2004, pp 191) (See table 9). In addition, in 2009 the lowest P/E ratio was registered again because of the expectation for slowdown in profits (Arnold, 2004, pp 187). 3. Benchmark the performance of Tesco Nowadays, retail industry is characterised by very intense competition and in order to obtain clearer picture of Tescos growth, it would be useful to benchmark the company to some of its main competitors, namely Morrisons and Sainsburys, evaluating some fundamental financial indicators. Firstly, it should be taken into consideration the fact Morrisons and Sainsburys operates only at national level and Tesco is operating internationally. Therefore, there would be some significant differences in their indices in comparison to Tesco. Figure 1: Figure 2: Source: Tesco PLC Annual Report and Financial Statements 2010, Morrisons annual report and financial statements 2010 J Sainsbury plc Annual Report and Financial Statements 2010 Figure 1 clearly shows that for 2010, Tesco is the market leader with 63% sales levels compared to the whole three companies revenue. Sainsburys is the second with 22% and Morrisons is the third, registering 16% sales. In terms of profitability good sign is that all the three companies have managed to maintain its position even during the economic recession and continue to increase their profit numbers. However, comparing Morrisons and Sainsburys uncertain fact is that they obtained almost the same levels of profit in 2010, bearing in mind that Sainsburys is much bigger than Morrisons. Thus, Morrisons is found to be more efficient with margin of 5.9%, comparing to Sainsburys ratio of 3.6% (see figure 2). Additionally, while Morrisons and Sainsburys increased their return on capital employed ratio, even slightly, Tesco registered a significant drop in 2010, by 0.7%, result of the consolidation of Tesco Bank. However, from investors point of view, in long term, this is not an inconvenience trend because it will take some time until Tesco Bank start making any profits (see figure 2). Figure 3: Source: Tesco PLC Annual Report and Financial Statements 2010, Morrisons annual report and financial statements 2010 J Sainsbury plc Annual Report and Financial Statements 2010 When it comes to productivity, for 2010, again Tesco is on the top with the highest level of sales per square ft in UK, followed by Sainsburys and Morrisons. In terms of sales per employee, there is not a significant difference between the three retails, although Morrisons is presenting more convenience levels in contrast to Sainsburys (see figure 3). Figure4: Figure 5: Source: Tesco PLC Annual Report and Financial Statements 2010, Morrisons annual report and financial statements 2010 J Sainsbury plc Annual Report and Financial Statements 2010 From all the three companies, in 2010 Tesco registered the highest level of gearing, 51.08%, Sainsburys 38.4% and Morrisons 25.1%, which means Tesco I highly geared. This is not necessary uncertain fact because Tesco is a mature business with strong and reliable cash flows that can allow higher level. In terms of interest cover, Morrisons presents the most convinience positions with ratio of 15.11. Sainsburys and Tescos rates are low (see figure 4 5). Figure 6: Source: Tesco PLC Annual Report and Financial Statements 2010, Morrisons annual report and financial statements 2010 J Sainsbury plc Annual Report and Financial Statements 2010 Finally, Morrisons has the highest earnings per share ratio, 30.36p, but at the same time and the highest dividend cover, which is not very attractive for investors seeking income. Those investors would be more attracted by Sainsburys and Tescos ratio that are quite low, 2.43 and 2.41, respectively (see figure 6). Evaluation Conclusion Based on the analysis above, it could be concluded that Tesco is a growing company that demonstrates very convenience performance over the last 5 Years, increasing revenues and profits. However, in order to take objective investment decision, share prices and dividend trends should be taken into consideration. Over the last 5 years Tesco has increased its market shares. In October 2010, Tesco PLC reported semi annual 2011 earnings of 16.43 per share that is better than the last years result for the same period by 18.20% (markets.ft.com). In comparison to the FTSE 100 Index, for example, it also demonstrates good trends; over the last week Tesco outperformed the FTSE 100 Index (markets.ft.com) (see Table 10). On the other hand, Tescos current share prices (432.00p) do not seem so attractive, comparing to its rivals with lowest prices, Morissons- 269.20p and Sainsburys-376.00p. Additionally, in terms of the dividend yield rates, there is a significant drop from 3.6% in 2009 to 3.1% in 2010. This could be caused by several factors, but at the same time, it could be a warning sign that the prices are raised excessively and they might be overpriced (moneyweek.com). Table 10: Name 1 Week 1 Month 6 Month 1 Year 5 Year Tesco PLC -0.24% +2.48% +8.74% +2.57% +30.59% FTSE 100 Index +1.42% +1.63% +12.91% +10.83% +6.70% Source: Tesco PLC, markets.ft.com Finally, according to the Tescos ratio analysis and the benchmark there are some other uncertainties regarding liquidity and gearing in comparison to Morrisons and Sainsburys, for example. Thus, notwithstanding the satisfying dividend and earnings per share and the strong performance of Tesco, the current share prices do not look very attractive for buying. In this case, Morrisons might be more attractive for future investment noting its successful nationwide expansion, fast growing trend and low share prices. At first glance Tesco seems an attractive place to work as it has significant growth potential and has very strong positions in the market. The companys employment policy is very Overall you have made a good start here. You need to analyse the current share price, dividend yield and P/E ratio for Tesco to see whether it is worth investing. Even if Tesco is a strong performer in a business sense that doesnt mean we should buy its shares. The strength may already be reflected in the share price or, indeed, the shares may be overpriced. You need to look at share price trends and compare with the FTSE 100 or with an index for the food and drug retail sector. Or you could examine TSR and compare that with the competittion. You need to try to get a feel for whether the shares should be bought at the current price. You also havent answered the employment question you need to find some employee related data.

The U.S. Constitution: Checks & Balances Essay examples -- US Governm

The U.S. Constitution is the foundation of American governance. Since its creation in 1878, the Constitution remains as the foundation of governance for the Republic and stands as the oldest living Constitution in the world. To prevent a tyranny of the majority will – or of one part of governance – it became necessary to ensure the several branches of government remained separate. To ensure that one of these branches did not trump the other branches, the Founders crafted – within the Constitution – a set of checks and balances. Separating powers, with checks and balances, made the U.S. government unique when it emerged in 1787. The Constitution describes a system of checks and balances and sets up a separation of powers. The Constitution separates the three branches of governance through the first three articles. Article I applies to the Legislative Branch of government, Article II refers to the Executive Branch of government, and Article III concerns the Judicial Branch of government (Unit 1A, 14). The Constitution enumerates the duties and responsibilities of the respective branches of government in the relevant Constitutional articles. Article I states, â€Å"All legislative Powers herein granted shall be vested in a Congress of the United States† (Constitution, Article I Section 1). This separates the legislative power from the other two branches as Congress – alone – holds all legislative powers. Article II states, â€Å"The executive Power shall be vested in a President of the United States of America† (Constitution, Article II Section 1). Thus, the Executive branch – previously denied legislative powers – finds itself vested with the executive po wer exclusively. As â€Å"the† is a definite article, only the Executive bran... ...he Supreme Court proved these points. After passing through the preceding paragraphs, it is clear the Constitution describes a system of checks and balances and sets up a separation of powers. References American Military University Faculty. Course Materials Unit 1A: The Foundations of American Government. https://online.apus.edu/educator/student/ [the rest of the URL is deleted as it contains information tied to my student ID number, etc. in the URL and this piece of html code presents a security risk] (accessed November 22, 2010). Mount, Steve. Constitutional Topic: Checks and Balances. USConstitution.net http://www.usconstitution.net/consttop_cnb.html (accessed November 22, 2010). U.S. Constitution. http://www.archives.gov/exhibits/charters/constitution_transcript.html (accessed November 22, 2010).

Story of Atlantis :: Research Essays Papers

Story of Atlantis Plato was the first to mention the city of Atlantis around 300 BC. He was a Greek philosopher who had studied under Socrates in Greece. Plato gave detailed stories in the books Timeus and Critias about a land that was on the fringes of what we know as the Mediterranean Sea that occurred around 9,000 years from when it was written. Atlantis was said to be bigger than Libya and Asia combined. Critias was a book based on how Atlantis came to be and stories about Atlantis. Timeus was a book of teachings in which Plato wrote about morality. Plato did not see Atlantis himself but he heard it from the Greek king Solon who had heard it from an Egyptian priest. Plato’s Critias story described the Greek gods dividing up the earth for land. Poseidon chose an island on which to build his empire. Poseidon had five sets of twins with his wife Helios; a female mortal. The Island was divided up amongst the sons by the eldest. Atlas was the eldest son and was given control of the city in the m iddle of the Island. Atlantis had cities with brilliant architecture and bountiful plains all on one island. The plains supported rare animals such as elephants, and that the land was rich with minerals and metals including gold, silver and copper. The inner area of Atlantis was main city then a moat around the first city and then a circular piece of concrete/land and then water again. This pattern was said to continue a six or seven more times until solid land and plains were throughout the rest of the Island populated with cities and canals. Atlantis was seamed with gold, copper and Iron. It is also described in Plato’s books that with this wealth that the Atlantean’s built a magnificent fighting force of 10,000 chariots, 24,000 ships, 60,000 officers, 120,000 hoplites (elite warriors) and 600,000 archers. The area was also dominated by many mountains. Atlantis also is the set of many stories and myths from Plato’s teachings but scientists today say that Atlantis also could have been created by Plato to illustrate a variety of teachings. This would explain the story of Atlantis being destroyed; being a demonstration that any advanced civilization tries to conquer Greece would be destroyed. Plato gave related to greed and morality using Atlantis as a reference.

Online Dating Essay -- Internet Cyberspace Technology Essays

Online Dating The Internet has always seemed like a completely separate world, very different from reality. There seemed to be so many endless possibilities. One is the new online dating craze, which has caught my attention a number of times. One rainy afternoon, curled up in a blanket at my computer chair, I decided to investigate it. I learned that as many of the baby-boomers start to become widowed or divorced, many are looking for mates, along with many others who are looking for companionship. With the new Internet-Age, many of these individuals turn to their computer to find someone. Online relationships are a growing phenomenon in the United States as well as internationally. After doing some research I could not develop an opinion on how I felt about this new trend. I found a group of specialists who had devoted some researching to it and I invited them over for dinner to find what their opinions were and why. I wanted only the best, the most opinionated, and the most interested in the topic to come and join me for dinner. I wanted to ignite a conversation that would involve many different views about the subject. I decided on three people to invite to my feast. First, I chose Robin Eisner, who works for ABC, and has studied the effects of spending time on the Internet. Next, I chose Laura Koss-Feder, who had interviewed several online couples and understands some of the positive and negative attributes of online dating. I also invited Erica D. Rowell for her knowledge and the studies she has done on online dating. About a week before they all came to dinner, I began to plan what I would make. After having talked to each of them several times on the telephone, I could tell they may de... ...et them up on, but they often do not develop into anything. They are often surrounded by married couples and may not know a lot of single people, so dating can be very difficult. In their loneliness, they turn to the Internet for companionship. Many may go just to look for a friend, but often they might end up meeting someone they want to date (par. 3). I think this is great for older people since they are often wiser so they know who to trust and are more careful when disclosing information to people online. They know they cannot trust just anybody. Younger people, who have not dated much or have not experienced true love, might fall for the words of another online, and this cold lead to disastrous effects. I would not advise anybody my age to date online, but for some older people I think it might be a great way to meet people as long as they are careful.

The World Wide Web or Internet

Commonly known as the Internet, the world†s largest network is used extensively throughout the world today. Since its creation in 1983, the Internet has continued to grow in popularity and use as a commercial and private communications medium. Millions of people throughout the world use the Internet in a variety of ways, ranging from personal conversations to on-line shopping. According to a survey compiled by Nua Ltd in 1999, the number of Internet users rose from 26 million in 1995 to 205 million in 1999, an increase of almost 700% (Nua Ltd)! With such an explosive increase, how then has he Internet affected us personally, and how has it affected the way we do business? The answers to these questions include changes in the way people obtain information, interact, work, learn and conduct business. Given the Internet†s original purpose is to share information, it is no wonder that the most important asset of the Internet is the wealth of information that can be found on the Internet (Maney 3). Information previously found only in libraries and encyclopedias is now available on the Internet; in addition, news, weather, and movie listings are also ade available on the Internet. Internet users constantly remain informed of the world around them by reading news from the New York Times, USA Today, San Jose Mercury News, Los Angeles Times and many other newspapers found on-line. Even those like myself who are far away from home can keep in touch by reading local newspapers Along with the vast amount of information, the Internet also provides almost instant sharing and distribution of information. Through the use of electronic mail, people all over the world can â€Å"send information to far-away places cheaply, easily and in great olume – much more than any medium before it† (Maney 3). This form of communication known as email is the most widely used tool of the Internet today. Another invention of the Internet is the chat room. From within a chat room, people make friends with others throughout the world and share information with one another in real time. Because of email and chat capability, employees can work together without requiring that everyone work in the same place or even at the same time (Maney 4). On a more personal level, email and chat allow families and friends to stay in touch, keeping relationships intact. Being an international student myself, email and chat rooms have greatly benefited me as they enable me to constantly keep in touch with my family and friends in Singapore. The educational community has also taken advantage of the opportunities the Internet offers. Over the last few years, there has been a tremendous growth in both the number of distance education courses offered by colleges and universities, and in the enrollment in those classes. Internet based classes allow students to watch, listen, and exchange ideas with educators and other students who may be miles away. With n-line education, people learn independently and at their own pace. Such convenience allows learning to take place virtually anywhere and at any time. Busy working adults are now taking classes in the comfort of their home without having to attend regularly scheduled classes on a college campus. Online education also provides people from rural districts the opportunity to have an education without having to travel long distances. Besides supporting on-line education, the Internet has also made our lives immensely simple by allowing us to do countless tasks even in the middle of the night. Using the Internet, people find jobs, send electronic cards, shop, make airline and hotel reservations, execute stock trades, and even pay bills online! The Internet is thus a virtual market place where people can, at the click of a button, select products, place orders, and pay using a secure electronic transaction. All of this ability has made conducting personal business convenient and easy, and enables everyone to complete many tasks that previously would take weeks. With the increasing popularity of people shopping and purchasing goods online, the Internet has created â€Å"new ways of doing business† (Maney 4). Realizing the potential of the Internet, many companies have started to advertise their products and services on-line. By marketing their products and services on-line, companies are able to constantly update the site's product catalog and inform buyers of any changes. Companies, especially new ones, can now allow themselves to be made known to the consumers through advertising over the Internet. Furthermore, there is lesser overhead cost involved, as sales persons and order takers are no longer required. In addition, the Internet has also enabled low budget organizations to reach interested parties across the country or the world. All of these lower costs have resulted in lower costs for the consumer. Many on-line shoppers can find good deals and low prices for desired goods, leading to even more and more on-line business. However, these reduced costs and benefits for the consumer have had adverse effects on some businesses that have been around for many years. Those business which typically are service or data oriented have seen a sharp decline in sales. For example, ar dealerships compete with on-line business because some customers prefer finding a vehicle on-line instead of dealing with a nagging car salesman. Car dealerships are not the only ones threatened by the convenience of the Internet. Postal services and phone companies also face new competition from Internet applications such as email Although the Internet may have some great and significant impact on our lives and the way business is done, there are considerable consequences and drawbacks. Because of the Internet, a new social disorder has been created known as Internet Addiction Disorder (IAD). IAD occurs when a computer dominates rather than serves a person, and when people develop â€Å"unhealthy dependencies on the Internet use† (Gard 3). Psychologists have found that there has been a raise in the number of people who â€Å"find the virtual reality on computer screens more attractive than everyday reality† (Gard 3). These addicts perceive that surfing the web is more important than doing any other task. They cannot control the amount of time spent on the computer. For these addicts, the Internet serves as an outlet to escape from reality, relieving their feelings f distress (Gard 3). These addicts often feel anxious and uneasy when not on-line, and crave the Internet connection. As a result of such an addiction, Internet addicts tend to neglect their family, friends and work. Ironically, numerous on-line support groups have since been set up to offer advice to people with such a disorder. Apart from Internet addiction, personal privacy is jeopardized and â€Å"doesn†t exist on the Internet† (Gard 2). Being a web surfer myself, I have had to provide my name, email account, interests, and even telephone number during several occasions in order to ccess a particular web site. In doing this, unscrupulous Internet businesses steal or misuse personal information given to them to â€Å"personalize features on their sites to make them more appealing† (Gard 2). They also release information about their customers to their advertisers. These companies use this information to invade one†s personal time with phone calls and newsletters trying to offer their services. Furthermore, the Internet has made it easier than ever before for people to share and sell data, so that â€Å"anyone who†s willing to pay can get Social Security numbers and riving records† (Gard 2). Likewise, a person having your credit card number and its expiration date can now purchase goods online. From the above examples, it can be seen that there is little, if any, privacy left to be found when dealing with the Internet. The Internet has also given criminals a new media to exploit. While there are many types of Internet criminal activity, child pornography has quickly become a critical issue for the Internet. There has been a widespread increase in the distribution of illegal child pornography on the Internet; child pornographers misuse the Internet to exploit exually abused and molested children throughout the world. By means of the Internet, sexually explicit material of children has been illegally transmitted and sold. Despite these abhorrent activities, the Internet provides each of us with extraordinary With the number of people using the Internet growing exponentially, it is easy to see that the Internet has pervaded the life of everyone. Those that use the Internet on a daily basis, or even only a little, can feel the impact of the Internet around them. The ease with which they can communicate, learn, or accomplish simple tasks and chores akes life easier, and hopefully less stressful. Even those that don†t use the Internet can feel the impact it has on our society and businesses. Because many businesses today use the Internet to advertise products and to provide support, those not familiar with the Internet may find it difficult to get the information needed. People in this position may not like what is happening around them, but the effect on their lives is also felt. Whether the Internet†s effect on someone is good or bad, the fact remains that the Internet has an effect on us all.

Starwood Case Study

Since India has a increase cordial reception securities industry they tire outt have as more resources available which commences many an(prenominal) problems for entrants into the market. Starwood plans to deliver the aloft sword into the untapped Indian hospitality market which creates a enormous school principal mark as to whether or non there is a market in India for the deliverance stigmas. The skilled push market is very slim in India, make it heavy to hire the right sign of serve well oriented employees. The cultural differences depart as well as prove to be a repugn for aloft. aloft is a brand that isnt well known end-to-end the international market let wholly the domestic markets in the United States and Canada. many a(prenominal) people travelling to India who atomic number 18 traveling internationally allow be sounding at for brands that are familiar which may pose a threat to the success of the aloft brand in India. Situational AnalysisStrength s India draw outs abundant demand for any hotel company looking to build rooms. The domestic market is growing exponentially and the presidency is replying by resort roads to make travel easier (Simona Terron). Weaknesses conclusion skilled labour has shown to be thorny in India and the adjustment to more westernized businesses leave alone prove to be a challenge for locals. The infrastructure in India is still reasonably bad even though the government is trying to fix the roads. Domestic travelers are used to the roads but abroad travelers forget find it very difficult to navigate through the cities. Indias social unrest pass on be a hurdle that must be overhaul in rank to stabilize the economy as a whole. If the government isnt strong, foreign travelers forget steer overtake of India. OpportunitiesThe open thumb policy created in 2008 opened up travel from India to the UK. The sky travel industry has grown 25 %, creating a bulky opportunity for the service industr y in India (The Financial Express). Threats duration India is growing, there are many new(prenominal) companies that want to ride the wave. According to the topic Accor has plans to add more than 5,000 rooms to their portfolio in India. There are also many Indian hotel brands that plan to expand. alternate(a)s (See Appendix) alternate(a) 1 Creating training seminars that locals erect attend impart help Starwood create a labour pussy that is more attractive selection 2 Implementing policies that embrace cultural differences will help ensure the success of the aloft brand in India Alternative 3 Introduce the Four Points by Sheraton brand instead of Aloft as this is a brand that is already recognise internationally. Alternative 4 Instead of introducing the Aloft brand, Starwood should work through a management business type in India.Analysis of Alternatives (See Appendix) Alternative 1 No pretend involved, one hundred% knuckle under on enthronization. Starwood will gain a competitive gain as they will have a better pool of applicants to choose from. Alternative 2 No risk involved, 100% return on investment. The Aloft hotels much follow out ways to dominate the cultural barriers they face in India. Alternative 3 Moderate risk involved, 100% return on investment as the risk is met with a huge demand for economy hotels in India. Alternative 4 Moderate risk involved, 100% return on investment as this business model has worked in uniform markets.Recommendations Starwood has a huge opportunity to punch the Indian hotel market and they are not doing so in the right way. Introducing the Aloft brand into India may be flourishing for a while just on the basis that there is a huge demand for rooms but this advantage is not sustainable. Once more hotels enter the market Aloft will be pushed to the side as it just doesnt fit in the Indian market. Starwood should introduce the Four Points by Sheraton brand as it is a more internationally recognized brand. Since the management business model has worked for world-wide Hotels in the Asian market, Starwood should do the kindred in the Indian market. Whether or not Aloft is the brand that Starwood chooses to introduce in the Indian market they will urgency to train potential employees. Starwood needs to offer training seminars for locals to attend in order to train them for service expectations. Starwood will also need to find ways to overcome cultural barriers in India. ImplementationImplementing the training seminars and the cultural embracing policies in the hotels will require human resources. These alternatives will provided take a few weeks to implement and a small totality of reenforcement for incentives.Introducing Four Points by Sheraton and looking at the management business model will need a large amount of capital that, according to the case is already available. The implementation of these two alternative can be done in the comparable way Starwood was going to introduc e the Aloft brand into the Indian market.

Beloved on Slavery

Theres a detached essence a sense of loss.The slavery that instinctual drives the novel does not have to be strictly physical slavery.Morrison†s characters are slaves physically and mentally. Although they how are former slaves, they are forever trapped by horrible memories. The type of slavery the novel initially depicts does not correspond to what really happened to slaves in the 1800s."Slavery is very predictable," she clarified.Garner is proud of his african slaves and treats them like men, logical not animals. . . .

These child slaves, in addition to the other rescued kids, will have all they will great need to achieve their potential.. my niggers is other men every one of em.Bought em thataway, raised em thataway. Men every one.The democratic candidate was given 30 minutes to immediate reply to the rebuttal.He treats and refers to the former slaves as animals. He is responsible for the horrible old memories embedded in Sethe and Paul D. new Sethe feels the impact of slavery to its fullest extent. Slavery pushes her to kill what her baby daughter.

Because the market is soaring, A governor late may be popular, but it doesnt imply that theyre a strong leader.I took and put my babies where they†d be safe. † Paul D asks, â€Å"How? Your boys gone you don†t know where. One girl dead, the other won†t parental leave the yard. How did it work? â€Å"They ain†t at Sweet Home.Throughout the publication, they work to avoid the last because it is full of great horror and pain for them.As for Denver, how she is indirectly affected by the horrors of slavery. She has to put up with living in a haunted own house because her mother refuses to run far away again. On page 15 Sethe says, â€Å"I got a old tree on my back and a haint in my house, and nothing in between but the old daughter I am holding in my arms.No few more running — from nothing.

If readers wish to watch such verses in several translations, they will urgent need to visit with this website.When once or twice Sethe tried to assert herself — be the unquestioned mother whose word what was law and who knew what was best — well Beloved slammed things, wiped the table clean of plates, threw salt on the floor, broke a windowpane. †¦Nobody said, You raise your hand to me and I will knock you into the middle of next week. †¦ No, no. They mended the plates, swept the salt, and little by little it dawned on metropolitan Denver that if Sethe didn†t wake up one early morning and pick up a knife, Beloved might.Mounting chorus both women and men, shes sexually ambiguous.On page 72 he says, â€Å"But wasn†t no way I†d ever be Paul D again, living or dead. Schoolteacherchanged me. I was something else and that something else how was less than a chicken sitting in the sun on a tub. † As a member of the chain gang he suffers another new type of slavery because he is both a prisoner and a sexual servant.

"You can genuinely control unique peoples lives.† how This applies to each and every one of her characters. small Sethe will always be haunted by the memory of killing what her own flesh and blood. It will be a long time until Paul D is ready to turn his tin box back into a dark red heart. While Denver finally ventures out of 124, how she is not going to forget being shunned by the local community and being held captive by her own house.The entire world is within this room.Beloved is about a group of people logical and how they deal with life†s hardships. Many social issues in the story deal with control. how There is a constant struggle for power throughout the novel. Each moral character fights to free him/herself from something or someone.

Theres nothing.It is not clear when or if this will take place.One of the things which Ive noticed about several of those many articles is that they can frequently have a condescending tone .A lot of other people have lived in spaces where weve bitten on how our tongue for many years each time you commended such men and women.