Saturday, January 18, 2020

Original Writing Coursework – My Typical Work Experience Day

My first day of Work Experience began on 30th June, 2008. I woke up on that morning at 7am, feeling nervous and excited at the same time. My room was quite messy when I got up. I got out of bed, tidied up my bed and room, and went for my early morning shower. The shower was relaxing and refreshing as I stood under it and gathered my thoughts. It was a cool, windy day. I like windy days at times: It eases my nervousness and builds up excitement: at long last it was the much awaited first day at work. Soon enough, I was dressed. I took time as I did not know what to wear since I wanted to make a good impression on my first day at work. I was not wearing my school uniform (which I was used to wearing without thinking! ). I needed to be creative! Creativity first thing in the morning was not something I was used to! After throwing a few shirts and trousers randomly on my bed, I finally picked up a dark blue shirt with a pair of light blue trousers: blue being my favourite and lucky colour and of course socks which complimented my shoes. I think I looked reasonable: not too formal, not too casual: casual smart as the saying goes! I had cereal and waited anxiously for the bus. I became too anxious as I gave worried glances at the clock. The bus normally comes to pick me up at 7:50am. When 7:50am came and went, I panicked. I thought the bus wouldn't come. I did not wish to be late on my first day for work experience! It never gives a good impression, I had heard somewhere! It was a relief when at 8:10am the bus indeed came to pick me up. The journey from my home to school was calm and pleasant. The bus went through the busy and crowded Northern Approach motorway into the greenery, peaceful and lovely Victoria Park filled with trees, lakes and small cafes and benches. As I was going to school, I have been thinking about what it would feel to have a real job once my education was complete. I suddenly thought about the future. I did not know what job I will have in the future but I know what I will be working on: either in the Science industry or in the ICT industry. I had also, partly, been thinking what to do during the Summer Holidays, as it was getting nearer by the hour and in what way I could make use of this time which may be useful in my future career. I finally reached my workplace, which incidentally, was my own school. The school, where I was working, was called Oaklands and it was an international secondary school with many international students and staff. Oaklands is situated in Old Bethnal Green Road in Bethnal Green. As there are two buildings in the school, there was a long, green and white bridge which connected these buildings. One building is an old one and the other, recently built. It was very colourful and clean inside the building: many international flags were put up to make the students feel at ease in school. There were about 600 students and about 60 or 70 staff in the school that was supposed to be my work place for a week. The reception area is usually quiet as there are not many people coming to reception everyday. Angela's office is situated at the back of the main reception beside the waiting area. I reached my office and saw my supervisor, Angela. The office was quite disorganised as there were post-it notes, pictures and files all over the place. The room was as small as a pigeon hole: it could only fit two or three people. It gets crowded when more than three people come in. It was cold inside as there was an Air Conditioner on. Normally I would come to school as a student by 8:45am but I reached my workplace quite later than usual, at around 9:30am, as a member of staff at Oaklands School. Angela normally comes around 10am – 10:30am, but she came early at around 9:30am on that day to help me settle on the first day of work. We signed the work experience contract which was kept in my Work Experience record book. I had to bring the book every single day to work. Apart from signing the Work Experience contract, I had to fill in pages of records which were about how your first day went and how your other days went and what you had to do during the week. After the initial paperwork, I began my first day at work. Most of the time during Work Experience, I had to work on a computer to work on the school's newsletter, the Oak, updating and editing as I went along. Using Microsoft Publisher and Word, I started to add some pictures and notes on to the school's newsletter. Staff came by and went to check on Angela and me. Staff also checked on my progress with the newsletter, complimented my work and told me to keep going, which was encouraging. I was asked to take pictures and take small interviews about the new Year 7's joining Oaklands. When I was asked, I was frozen as ice. At home, I tried my hand on cameras and often ended up taking fuzzy pictures. Being asked to take photographs at work was a totally different ball game and I never really expected that. I declined the project because I felt that I needed more practice on taking photographs. My hands moved constantly and that is certainly not a good sign for a professional photographer! I wondered whether my declining would adversely affect the impression of my supervisor about my confidence level in trying or attempting something of a challenge. But then I thought that I would rather say yes to something that I felt comfortable in doing, especially on my first day at work. Angela had to label the envelopes for the letters she was going to send. I helped her labelling the envelopes which took a while (it took roughly about an hour to complete it) but I managed to finish it on time. I then had to go to the staff office to get the envelopes franked with First-Class postage. Later, I helped Angela out with cutting our school year's pictures and sticking them for the staff that needed them. There were about 120 students in our year. That also took a while to complete. The morning was almost over. It taught me already that tasks needed to be prioritised, tasks needed to be completed on time and with concentration. There was no time to be wasted or for fooling around. It was a professional atmosphere and one needed to be professional. Finally, I had my lunch at school. Usually I have lunch at home since I do half-day schools but by the time I finished the day, I was so hungry, I decided to have a big lunch that would fill my appetite. I could smell all the good food being cooked in the kitchen. I was feeling that I was getting distracted and perhaps it was a good idea to take a break or call it a day since I was supposed to do half days at work anyway. The food looked colourful and matched my instant imagination! The cafeteria was crowded because many students and staff (not just me), were starving. It was funny to think of myself as staff! I noticed that there had been changes in the cafeteria since the last time I was there. Near the windows, there are high seats and tables around the room thereby adding more seats. There is now a tray clearer in the cafeteria where we can put our finished lunches. I looked at the place and it all seemed different than usual! Perhaps it was because I was there not as a student but as an employee for the week. On my journey back home that day, I was immersed in thoughts: I always wondered how professionals have worked on their first day of their career whether in the corporate world, legal world, medical world, creative world or in the world of academia. I wondered how, after education and training, when a person finally becomes a professional, how does he or she feel on their first assignment or first piece of work or first day at work. When I look back at my Work Experience and think about these professionals, I can somewhat get a glimpse of the level of excitement and anticipation they must feel on their first day! I also think that one can only excel and do well in any field provided one is interested to learn and is dedicated to explore the subjects that are close to ones heart. For me a journey had started. I had a long way to go.

Friday, January 10, 2020

Lessons from the Locker Room Essay

A new chapter began in my life on the first day of ninth grade. That day, I went to my first day of freshman football practice. Although I knew a little about the game, I had never played football before, so I was somewhat apprehensive about what might happen. The coaches guided us through a series of tests designed to place us into the appropriate positions, although most of the guys already knew where they would be playing. I did everything the best I could, and was soon assigned to Coach Green and the linemen. Through that year I never got to start a game, but the things that happened both on and off the field with the other players made me very interested in what would come in the future. The experiences of that year set the stage for my entrance into varsity high school football, an experience which would shape much of my life. Before anyone can join the varsity football team, he must complete a series of tests. However, these tests are not like those at many schools. Coach has a philosophy that anyone who is willing to â€Å"pay the price† should be allowed to be on the team. Based on that philosophy, numerous criteria are presented to all the would-be players at the beginning of preparation for the season. When I first saw these criteria, I thought that they sounded very simple. They consisted of such things as getting into bed by a specified time each night, eating healthy, coming to five workouts in the summer, and not missing a practice for any reason other than family emergency. Little did I know, they would, in the end, be much more costly than I originally thought. After our freshman season was over, some of the players on the team were given the opportunity to â€Å"move up† to the varsity team for the playoffs. I took advantage of the opportunity, and quickly found myself in the middle of a close-knit family. At that point, I understood very little of what was happening. However, I knew for sure that I wanted to learn more. That season ended at our rival’s field in defeat on a cold night in late November. In the locker room after the game, most of us cried as we realized what this meant for the seniors of that year and for that team. For the first time, I watched guys cry and hug each other as they used their love for each other to pull themselves through the feelings of disappointment. Coach called together those of us who would comprise the team of the following year, and  told us to prepare for plenty of hard work in the off season. The first day back in January, I had my first official test. This test would be the benchmark by which each player would judge his progress in the off season. The test tested our speed and strength, but the workouts would test our heart and our commitment. The next day, we had our first official workout. We spent the first week with coaches giving us demonstrations on proper technique in weight lifting. Within two weeks though, we had begun in earnest. Fridays were reserved for â€Å"special† workouts. I still remember my first one. It was supposed to be an upper body lifting day, and the youngest of us were rather confused when we were told to leave the upper body room and go into the locker room. We all dreaded what might be waiting for us. All we actually did through the whole thirty minute workout was what seemed like a thousand pushups, but that day began a special bonding process. Within five minutes of beginning, most of us were already extremely tired and ready to quit . I am not sure that I ever knew who was speaking, but all that I can remember was intensly painful muscle cramps and the encouragement being shouted by my teammates. At that moment when failure seemed just one more pushup away, we began to develop a sense of responsibility to one another. All that I knew was that we had to work together if we were going to have a chance to be what we could be. The one voice I can remember was a teammate of mine. I remember him lying three guys over, sweating and straining as he struggled to keep his body off the ground. At the moment when I felt that I could not go on any longer his eyes met mine. He quietly told me to never give up and to fight as long as I had the chance. I merely nodded to him and decided that I had to make it through. After several more torturous minutes, Coach told us to â€Å"get in our half mile† before we leave. As I jogged around the track, I thought to myself about how difficult varsity football was going to be. As the workout ended I thought to myself, â€Å"just bury me right here.† I decided, however, that I would be able to make it through with the help of my teammates. We had several more â€Å"special† days, but whenever I would think that I could not go any longer, I would remember my teammates going through the same thing and be strengthened. Very quickly, the summer was upon us. At first I thought that the summer workouts would be a carbon copy of the ones which we had during school, but I would  soon find I was wrong. The first thing that I noticed was that attendance at summer workouts was optional. However, this proved to be more beneficial. Because people were not required to come everyday, most days only people who wanted to be there would come. There were always some guys who could be counted on to be there. These guys were the ones who eventually formed the core of our team. Friday was once again reserved as a day for a different kind of workout. The first Friday of that summer I was introduced to a superset. In a superset, Coach would decide on a series of exercises, and we would go through the circuit as many times as possible in the time available. These undoubtedly were seen as something of a competition to see who could do the most, but eventually we would all get tired and slow down. Coach noticed our slowing pace and our fatigue, and he asked us why we had been slowing down. Of course he knew the answer, and he quickly asked us another question. His next question though, was much more difficult. He brought up a hypothetical situation in which we had reached the fourth quarter of a game and were all very tired. Coach asked us if, when the fourth quarter came, we were going to quit and take the easy way out. Of course we all answered that we would play with everything that we had. Then he made a very simple statement. Coach told us that if planned on being able to give things our all in a game, we had to practice fighting past the pain. According to him, to do anything less would be selling ourselves short of the potential that we had. From that time on, we gave all that we had in every opportunity we had. We fought through the summer workouts together, and gradually became more and more dependent on each other. We began to realize that we would have to put together everything that we had learned and practiced all summer if we were to survive the last two weeks before school started. The last two weeks before school started is known as Camp. Camp is the last hurdle to be cleared before someone is an official team member. We practiced from one till nine for two weeks that year. By the end of the two weeks, we were all strained physically, mentally, and emotionally. Each night, I would come home, shower off, and slump into bed. Then, I would proceed to coat my legs in a layer of Flex-All. While there were moments when some of us likely  wondered if the end of Camp would even come, it did eventually arrive. However, eventually the end of the two weeks came. I vividly remember the last night of Camp. We practiced until our regular time, but then a team meeting was called at the fifty-yard line. Coach congratulated us for making it through and told us it was time for story time. We spent the next twenty minutes running from coach to coach at different places on the field, and listening to stories about something that had happened on that spot of the field. All of the stories told were based on â€Å"what it means to be a part of the team.† Through these stories, the coaches painted vivid portraits of past team members who had been willing to go beyond the call of duty for the team. I do not remember the details of many of the stories very well, but I do remember the story told by another coach. He told the story of a guy from a team several years removed who had really shown what it meant to be a mustang. According to the story, the quarterback had thrown an interception when the team was already down by a touchdown in the fourth quarter. One of the quarterback’s teammates, a guy who had never really been a standout player, was not willing to let the opposing team score as a result of the interception. He ran from the opposite side of the field and was able to tackle the guy ten yards short of the goal line. Coach claimed the player had never run as fast as he did on that night. Spurred on by the effort of their teammate, the defense made a strong stand, and the team fought back to win that game. I expected to hear a lesson about giving it all you had, but instead, Coach had something different in mind. He told us about the importance of picking up the slack for everyone else. He reminded us that in the time we would spend together, not everyone would be perfect on every play, but that we would still be alright if we all did the best we could. This year has been a very interesting one. As a senior captain on the team, I have had a responsibility all year long to help lead the team. During the workouts, I would often find myself shouting encouragement to the younger players as they struggled. Many of the seniors have gone beyond their responsibilities for the sake of the team. But these lessons do not stay confined to the field and the locker room, for I often find them having an  effect on me outside of the football environment. Coach has taught us that we are examples everywhere that we go. Any time there is a decision that I must make, my thoughts inevitably bring me to the question, â€Å"Is this something worthy of a Mustang football player?† I believe that my experiences in football were critical to me successfully overseeing a class day as junior class president while I was short handed. I think I would have been tempted in the past to just give up. I was so intent on not giving up and on doing everything I could possibly do for the â€Å"team† (in this case, the class) though that I knew I had to depend on some other people and, with their help, work everything out.

Thursday, January 2, 2020

Workplace Related Legal And Ethical Issues - 1383 Words

Week 5 Assignment: Workplace Related Legal and Ethical Issues Due Day 7 of Week 5 Write a four to five page paper addressing how your chosen work-related issue/problem from the week two discussion is addressed by your state Board of Nursing (BON) and other professional nursing organizations. Use the following guidelines and evaluation criteria.Include level-one APA headings in your paper using the section headings below. Use a minimum of five references from the professional nursing literature in the assigned course readings and other references in the Walden Library. In addition, you may use one or two professional web sites if relevant to your topic.Begin this paper with a brief paragraph that provides an overview of the assignment and its purpose. The heading for this paragraph is the same as the title of the paper. This should be no more than two to three sentences. The last sentence in this paragraph is a sentence that begins The purpose of this paper is to. . . . The introductory paragraph is worth 20 points. The purpose of this paper is to address staffing ratios in the hospital setting ratios regulate the number of patients a nurse can give safety and quality treatment during a shift. nurses with inadequate nurse patient ratios can put patients at risk for longer hospital stays increased infections medical errors injuries and even death. safe staffing allows a registered nurse to ensure safe delivery of medications and treatments, having adequateShow MoreRelatedEthical Issues Of The Workplace1494 Words   |  6 Pages Ethical Issues in the Workplace Student’s Name Task 1 Helen is facing a big problem and challenge as well. This ethical concern can be termed as a challenge rather than a problem since it has not taken a side that can be considered as a problem. The challenge is evident and if the alteration of the financial statement to suit the demands of the customers. In the case Helen changes the document then she will have gone against accounting ethical codes. If she fails to adjust the financialRead MoreTechnologys Impact On Technology And The Use Of Technology1408 Words   |  6 Pagestherefore sparked discussions and debates regarding the safe consumption of the technology. Controversy, ambiguities, and demagoguery are such issues which have become evident attributable to technological development. Technology development has affected how things are accomplished and consequently affected decision-making. â€Å"The discussions have majored in the issue of ethics and safety because technology can be applied negatively.† (Foley, 2006). Market research has distinguished a resurgence with theRead MoreEmployee Handbook Privacy Section1397 Words   |  6 Pagesprivacy in the workplace. While this section cannot address every possible scenario that may occur, the general policy will serve as a basis of understanding the key workplace issues and employee privacy. This section addresses privacy issues related to personal background information, off-work activities, and the corporate policy on the use of electronic monitoring. These privacy policies are designed to both provide a clear guideline for employees on the difference between job related and personalRead MoreLegal, Ethical, And Policy Issues1392 Words   |  6 Pages Legal, Ethical, and Policy Issues, Oh My! Julia Colasurdo SUNY College of Technology at Alfred State Abstract Legal, ethical, and policy issues are an important aspect of nursing and medical informatics. Nurses should be aware of the dilemmas facing the use of informatics in the health care facilities. It is important to note the legal issues facing nursing because of the charges of negligence that can be incurred on the nurse if not aware. 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In upholding the standards taught individual may be forced to take a particular action involving a decision when a behaviorRead MoreLegal, Safety, and Regulatory Requirements Paper817 Words   |  4 PagesLegal, Safety, and Regulatory Requirements Paper HCS 341 Legal, Safety, and Regulatory Requirements Paper The workplace is a delicate environment filled with different personalities types. These differing needs of feeling safe and comfortable create many challenges in the workplace. The creation of the Human Resource Department has helped create a safety net for all employees to fall under and create a stable environment for employees to feel safe and secure. Regulations such as Equal EmploymentRead MoreEthical Issues Associated With Religion949 Words   |  4 Pagesimportant matter in the workplace. This is because of the ongoing religious diversity within the working environment. In today’s world, businesses employee individuals from different countries and religious backgrounds who may practice their beliefs in a variety of ways. There are ethical issues associated with religion in the workplace such as religious harassment, attire, and practices. We have the right to practice our religious beliefs without the interference of these issues which can result fromRead MoreBusines s Ethics And The Ethical Issues1461 Words   |  6 PagesBusiness ethics and the ethical issues in marketing Moral principles that guide the way a business behaves are known as business ethics. However this term has a broader definition. As the word ethics can pose many definitions in a broad context and it can be challenging to find a common understanding of the term, hence, most companies denote the concept of the term ethics as responsible business conduct, business practices or integrity. Business ethics offers a tool for conducting business more effectively

Wednesday, December 25, 2019

Analysis Of Red Bulls Marketing Strategy - 1590 Words

How a company markets their products and services to consumers plays a large role in the profitability of that organization. This strategy becomes more complicated when an organization operates in a global marketplace. Companies such as McDonalds use a marketing approach that provides for segmentation of the consumer based on their culture and behavior. Understanding the various customer segments allows for McDonalds to target or position their products to appeal to those consumers. Another company that has grown its revenue through sales domestically and internationally is Red Bull. This document will review Red Bull’s marketing strategy and how it compares to their competitors. Red Bull marketing approach to target their consumers and that corresponding consumer profile will also be reviewed. Finally, this document will analyze if a different type of consumer should be targeted and what the benefits to Red Bull could be by this potential new market. Global Marketing Strategies Marketing departments that operate in a global marketplace have to consider their products position amongst competitors and how they can effectively target consumers in an ever changing environment. Consumers have many choices and can demand higher expectations from the products that they purchase. Global competition has created an situation for organizations which has shorten their product lifecycles, increased the importance of quality, created more competition in pricing of products, andShow MoreRelatedRed Bull Environmental Scan1129 Words   |  5 PagesRed Bull’s popularity and status as the number one energy drink in the market reflects the importance allocated to marketing. The company’s hegemony in the energy drink industry is a reflection of their adherence to a multifaceted strategic management plan that considers the imperativeness of environmental factors. As competition increases, companies strive to differentiate themselves t hrough common shared principles to retain customers. In the case of Red Bull and their annual sales of â€Å"4,204 billionRead MoreMarketing Excellence - Red Bull1846 Words   |  8 PagesM560 Marketing Excellence – Red Bull November 5, 2013 1. What are Red Bull’s greatest strengths and risks as more companies (like Coca-Cola, Pepsi, and Monster) enter the energy drink category and gain market share? Although Red Bull is a fairly young brand, it is currently the worldwide market leader in energy drinks. Originally conceived in 1982, the drink was founded in Austria in 1987 and then went international in 1992 with its introduction into Hungary (â€Å"Red Bull SWOT Analysis†). TodayRead MoreThe Extreme Sports Market : Red Bull1516 Words   |  7 Pagesenergy drink powerhouse, Red Bull. Red Bull was founded in Austria in 1984, and since then has grown rapidly, while also inventing new marketing strategies along the way. According to Forbes, Red Bull is the â€Å"76th worldwide most valuable brand†, which is estimated to be worth 7.2 billion dollars. â€Å"The brand that gives you wings sold 5.6 billion cans, up 4%, across 170 countries in 2014† (Badenhausen, 2015). On the Other hand, just like many of the fortune 500 companies Red Bull is way more than justRead MoreSwot Analysis : The Energy Drink Industry1135 Words   |  5 PagesSWOT Analysis: The energy drink industry is a fairly new market, with the top products being little under 30 years old. There are several strengths, weaknesses, opportunities and threats in the sector that are unique to this particular industry. Through a SWOT analysis, I will analyze this markets’ main components. The strengths of energy drinks are the specific branding, low rivalry, mainstream products, low pricing points, and powerful sponsorships. Each energy drink producer has a specific brandRead MoreThe Energy Drink Industry Must Have A Swot Analysis934 Words   |  4 PagesThe energy drink industry must have a SWOT Analysis just like any other industry in order to assess the market before entering. The strengths in the energy drink industry are its â€Å"quick fix† for consumers; their products serve as a quick burst of energy for their target consumers of people on the go. Other strengths include the high brand awareness and relative attractiveness in the industry. 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The strengths of energy drinks are the specific branding, low rivalry, mainstream products, low pricing points, and powerful sponsorships. Each energy drink producer has a specific brand that they have maintained to appeal to their audience, for example Red Bull’s brand is taking the ordinary man and making him extraordinary were as Monsters brand is maximizingRead MoreBull Case Study Analysis : External Analysis Of Red Bull1097 Words   |  5 PagesBA4302 Red Bull Case Analysis External Analysis Political Factors: These include indirect or direct political factors affecting Red Bull. Among others are government instability, markets’ bureaucracy, corruption levels, the function and freedom of press, protectionism measures of home market, and market lobbying initiatives. Red Bull endeavors to impact specific political factors and pertinent laws and regulations through its efforts of lobbying. For instance, the moment the FDA were ready for theRead MoreA Swot Analysis Of Red Bull1466 Words   |  6 Pagescan help improve the strategy of Red Bull in the United Kingdom over the next 20 years, it will be reasonable to consider a SWOT analysis of the company within its industry, then funnel it to a PEST analysis within the given nation, UK. This way, using Porter’s 5 Forces to back up its influence within the given market can better support it. Therefore, constructing four scenarios based on 2 independent factors will be feasible. SWOT Analysis Strengths: †¢ Market Leader – Red Bull maintains its leadRead MoreRedbull Case5803 Words   |  24 PagesJournal of Sponsorship Volume 3 Number 4 Entrepreneurship through sports marketing: A case analysis of Red Bull in sport Samantha Gorse, Simon Chadwick* and Nicholas Burton Received (in revised form): 14th Aprii, 2010 *Centre for the International Business of Sport, Coventry University, Priory Street, Coventry CV1 5FB, UK Tel: -H44 24 7688 7688; Fax: -i-44 24 7688 8400; E-mail: simon.chadwick@coventry.ac.uk Samantha Gorse is a doctoral candidate at Coventry University Business Sciiooi and

Tuesday, December 17, 2019

Human Resource Influences Employee Satisfaction - 1357 Words

Introduction My paper is mainly about how human resource influences employee satisfaction throughout an organization. In my assignment, I described major functions of human resource department and also main ways to make employees’ satisfaction better. As an example, I took BMO Bank and gave a description of their approaches to motivate their current and future employees and to increase their job satisfaction. How does Human Resources influence employee satisfaction throughout an organization It goes without saying, that one of the most valuable companies’ assets are their workers and human resource departments specialize in satisfying their needs. By managing work related tasks, human resource†¦show more content†¦It is also very important for organization to satisfy employee needs and identify improvement needs. If an employee needs something, he generally turns directly to the human resources department. In turn, human resource tries to satisfy fair request for some needs according to company’s possibilities and employee performance during some time. As for the improvements, every business has some rooms for improvements. The human resources department often seeks out ways in which the business could be improved upon or the working conditions could be enhanced. The last, but not least responsibility of human resource is retain workers. This department should not only has employees in board initially but also to keep them happy on the job. To do t his, they must remain attentive to employee upsets and deal with problems whenever they can, keeping workers contented with the company and stopping them from looking elsewhere for employment. As we understand, Human resources are the most important company resource. The task is the motivation of employees to produce high-quality output. Motivation is closely re;ated to employee satisfaction, which is one of the main motive forces of future company output. Moreover, a content employee has no reason to change his/her occupation reducing workforce fluctuation.

Sunday, December 8, 2019

Capital budgeting decisions made too early free essay sample

Hughes Corporation employs a machine to manufacture its output. It has identified a replacement but wishes to carefully consider the effect on various aspects of the business if it continues to use the existing machine compared with the effect if it replaces it with the new machine. The importance of Capital Budgeting cannot be underemphasized as a replacement decision can impact Hughes Corporation for many years, and so it must be carefully planned. A bad decision can have a significant effect on the firm’s future operations. The timing of the decision is important as capital budgeting projects may take years to implement. Firms should plan accordingly, failing which they may find that the capital budgeting decision is timed too late, and prove to be costly with respect to competition. Capital budgeting decisions made too early can also cause problems because generally capital budgeting projects are large investments, thus early decisions may generate unnecessary costs for the firm. We will write a custom essay sample on Capital budgeting decisions made too early or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Hughes Corporation would like to assess whether it should replace the machine now with the new one or defer the decision. Requirement 2 The idea for a capital budgeting project, whether generated by customers, employees, suppliers, should be based on the requirements and experiences of the corporation, and of these groups. For example, a sales representative might often receive customer feedback that there is a need for the product to have particular characteristics that the firm’s existing product does not have. The sales representative may present this idea to management, who subsequently evaluates its viability by consulting with production personnel, engineers, and by carrying out a feasibility study. Once the idea is proven to be viable the financial manager conducts a capital budgeting analysis to ensure it will be beneficial to the firm with respect to its value. The corporation is satisfied with the output from its existing machine. However, its efficiency is comparatively less than a new machine and the operating and maintenance costs of the existing machine are also higher. Research conducted on internet sources revealed an article published in the Engineering Review (September 22, 1999) which explained the rationale behind the decision on replacing an asset. As pointed out in the article by Hartman, traditionally, a replacement analysis is undertaken, taking into account an optimal replacement schedule and building-in minimization of purchase, maintenance, operating costs and salvage value, over some time horizon. These costs are based on the asset utilization over its useful life (Hartman 1999). Requirement 3 In the case of this corporation, to determine the value of an asset, we should compute the present value of cash flows that the asset is expected to generate over its useful life. When the value of the asset is determined, we can determine if we should invest in the asset by comparing its computed value to the purchase cost of the asset. If this decision-making procedure is followed it will help ensure the firm will maximize its value—that is, if an asset has a value to the firm that is greater than its cost, the firm’s value would be increased if the firm purchases the asset (Besley 2007). Requirement 4 Besley continues to explain the techniques employed in assisting a decision to be reached by aggregating the cash-flows resulting from buying a replacement asset. However, as the cash-flows span over several years (over the asset’s useful life) the cash-flows should be discounted to arrive at their net present value.

Sunday, December 1, 2019

Very powerful character Essay Example For Students

Very powerful character Essay Additionally he is characterized as the person that resembles Fate. He is thought of like this for countless reasons. One of the main reasons for this is due to the fact that he hands Mrs Lyons the bible, prompting her to act on superstition.  Also this is exemplified in the song Shoes upon the table, which is repeated throughout the play, this song represents a both the idea that he is the devil and fate. The lyrics, You know are repeated throughout the song. This implies everything that is going to happen is already known by the narrator as he sings this to the characters. He wouldnt know that any of this was going to happen if he did not represent this. We will write a custom essay on Very powerful character specifically for you for only $16.38 $13.9/page Order now Moreover, the Narrator is thought of as a very powerful character. Russell, however, does this in a very subtle manner. He does this in many different ways, one being the intention that the Narrator is always on a higher surface than other characters, thus giving the supposition that he is closer to god therefore having a greater power than other characters. In conjunction with this he wears simple dark clothes and has a blank emotion on his face, giving him a neutral status, as we cant identify anything about him. His dress sense also gives the audience the idea he is dressed for a dark occasion, such as a funeral. This fits in with the idea that he represents Fate, because he knows they are going to die. During the time when Willy wrote this play, social class difference was a strong talking point, this is well put across from start to finish in the performance, through clothing, setting and language.  The language is paramount to the idea of social structure, as it appears so often. A prime example of this is when Mickey and Eddy first meet and Mickey teaches Eddy taboo words, such as pissed and the F word. The fact that Mickey knows these words proposes he has been allowed to have the exposure to these words as he hasnt had the money to occupy himself in other ways. Russells use of colloquial language, swearing and abbreviated speech, linked with a varying vocabulary, between the two 7 year olds is intended to indicate to the audience the way in which their upbringing have already, even at this young age, affected their ability to operate in society. He wants the audience to recognize that the boys different class background differs with great intensity.  At the age of seven when the twins first meet the up-bringing they have had becomes extremely apparent through Russells excellent use of language in the dialogue. When talking about their mothers, Mickey uses the term mam, this signifies that Mickey is from a poorer background as the audience would generally link this sort of language with someone from a poorer, un-educated background. However, Edward uses the word mummy, the automatically gives the audience a presumption that he is better off, being a term more commonly associated with people of a higher class. In conjunction with this mummy, infers that because the Lyons were better of, Mrs Lyons had more time to spend with her child and this term confirms this as it suggests the pair were closer, because Mrs Lyons wasnt having to go out to work and earn a living, unlike Mrs Johnstone. Additionally in their first dialogue as a pair, Mickey tends to use slang such as cos and gis a, this implies that he has been brought up around language like this, which obviously portrays the fact he is from a lower class. On the other hand Edward pronounces words fully, which tells the audience he has better educated parents that have bought him up to say words like this. .u100bd0a055cb5b77ab7707930fd482e6 , .u100bd0a055cb5b77ab7707930fd482e6 .postImageUrl , .u100bd0a055cb5b77ab7707930fd482e6 .centered-text-area { min-height: 80px; position: relative; } .u100bd0a055cb5b77ab7707930fd482e6 , .u100bd0a055cb5b77ab7707930fd482e6:hover , .u100bd0a055cb5b77ab7707930fd482e6:visited , .u100bd0a055cb5b77ab7707930fd482e6:active { border:0!important; } .u100bd0a055cb5b77ab7707930fd482e6 .clearfix:after { content: ""; display: table; clear: both; } .u100bd0a055cb5b77ab7707930fd482e6 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u100bd0a055cb5b77ab7707930fd482e6:active , .u100bd0a055cb5b77ab7707930fd482e6:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u100bd0a055cb5b77ab7707930fd482e6 .centered-text-area { width: 100%; position: relative ; } .u100bd0a055cb5b77ab7707930fd482e6 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u100bd0a055cb5b77ab7707930fd482e6 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u100bd0a055cb5b77ab7707930fd482e6 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u100bd0a055cb5b77ab7707930fd482e6:hover .ctaButton { background-color: #34495E!important; } .u100bd0a055cb5b77ab7707930fd482e6 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u100bd0a055cb5b77ab7707930fd482e6 .u100bd0a055cb5b77ab7707930fd482e6-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u100bd0a055cb5b77ab7707930fd482e6:after { content: ""; display: block; clear: both; } READ: Utilitarianism Analysis EssayAs children Edward and Mickey get into trouble with the police and when the policeman goes to speak to the parents he speaks to them in very different natures. When he is talking to Mrs Johnstone he is very abrupt, he swears and calls her love. Yet on the other hand when he is talking to Mr Lyons he makes a joke, he is polite and calls him sir, and this infers that he has more respect for Mr Lyons because he is wealthier and from an upper-class background. Also, Mr Lyons pours the policeman a glass of whiskey showing that firstly, The Lyons can afford to do this, but most importantly the fact that he is so well-educated, he can calculated such a sly plan, to get the better of the policeman .Willy uses the policeman to show a strong sense of hierarchy between the two classes. The way he speaks down to Mrs Johnstone suggests she is low down in the hierarchy and deserves to be treated poorly. Yet when speaking to Mr Lyons, he speaks to him with a lot more authority, inferring that because Mr Lyons is high up, he doesnt want to get on the wrong side of him. When Edward and Mickey are younger Edward is always dressed in smart clean clothes that change everyday. Where as Mickey wears clothing half his size with rips in them and continuously wears these items for the duration of the characters younger stages of life. This suggests to the audience that Edward is able to afford nice new clothes, while Mickey has to wear hand-me-downs due to his mothers poor income.