Lord Of The Flies Chapter 8 Notes free essay sample

Ruler Of The Fliess: Chapter 8 Notes Essay, Research Paper 1. The conch being guilelessly blown and the way that Piggy has just one focal point shows that society has started to work sick. The ground for this reduction in the public arena is Jack. Jack broke Piggy # 8217 ; s focal point, and now Jack who has power, spoke to by the conch, does non cognize the most effective method to blow it acceptably. This reveals to us that Jack is an ungainly pioneer who mishandles power and demolishes cognizance. To go a specialist at something, for example, blowing a conch or taking a general public takes cut, so this is other than significant in light of the fact that it shows that Jack has simply late come to control. Since the conch and Piggy # 8217 ; s spectacless are disabled, insight and force are disabled, yet non yet to the full disposed of. 2. At the point when Simon says, # 8221 ; I figure we should to mount the mountain. # 8221 ; , he implies that society ought to smother its fears also, repossess the island. We will compose a custom paper test on Master Of The Flies Chapter 8 Notes or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page At the point when the male childs principal established society, one of the first things that they did was to mount the mountain and accomplish cognizance of the island. It is of import to see that comprehension was a priority for this early society. Ascending the mountain was other than an endeavor embraced with extraordinary eagerness and the contribution of trust in what their general public could be. This was the extremum of their civilisation. From that point forward so their general public has been # 8220 ; intensifying # 8221 ; or voyaging # 8220 ; downhill # 8221 ; , so the mountain speaks to the # 8220 ; top # 8221 ; or # 8220 ; stature # 8221 ; of their civilisation. As the young men # 8217 ; civilisation fell separated, it became rough and controlled continuously by underhanded components ( Jack ) . Due to this the male childs started to fear a creature. The creature was a image of this passing and a hindrance to the arrival of glorification. I state that the creature is a block since they presently dread mounting the mountain, a mountain that represents the extremum of society. At the point when Simon says that they should mount the mountain, he is other than expressing that the male childs should surrender their unrefined alarms and come back to old glorification. 3. The new fire is representative since it is Piggy # 8217 ; s attempt to recreate society. Piggy accepts that without Jack ( unethical behavior ) , he himself ( cognizance and politeness ) can flourish. The main measure that Piggy chooses to take is the structure of another fire. The fire speaks to the mastery and utilization of nature and subsequently the come back to consideration. It is of import to see that the fire is in another area. The new fire speaks to another general public built by Piggy and established upon insight. The fire other than speaks to another expectation ; the expectation that the new society will flourish, the expectation that Jack # 8217 ; s followings will rejoin society, and the trust that they will be protected. 4. Numerous individuals accept that the flood tide of the account is the point at which the sow is murdered. At the point when the male childs execute the sow they take the closing measure towards viciousness. Old society # 8217 ; s ways and class held Jack ( shamelessness ) , once again from executing another life creature prior in the book, be that as it may, presently everything modifications as a full scheme of society non just slaughters the sow, yet commends the accomplishment. Society # 8217 ; s moral thought processes have moved, what's more, the heap of blame does not exist anymore, leting them to make accurately as they please without sing the requests of one another or whatever else. Now Jack and his male childs have gotten entirely brutal. The mode in which the male childs slaughter the hoard is brutal and savage other than ; they no more hold any respect for another life creature. The sow is in all likelihood pregnant furthermore, this discloses to us that the male childs would blow the lives of its piggies and potentially squander the lives of its piggy s and the great beyond meat that they would likely give in their visually impaired salacity to blood. A cultivated society would cautiously decision which enliven creatures to butcher on account of good and monetary concerns. The plot of society that murdered the hoard does not talk about anymore what's more, contentions issues, yet on the other hand depends on its common wants. 5. At the point when the Lord of the Flies says that the creature is part of Simon, he is expressing that the creature is a bit of homo nature. The creature, all things considered, is simply emblematic and henceforth does non be as a part of Simon or in mankind. By expressing that the creature is segment of Simon, the Lord of the Flies inconspicuously expresses that mankind is involved in partition by the entirety of its unethical behaviors. It is other than evident that the # 8220 ; brute # 8221 ; is part of Simon, since Simon, being human, can imagine and create his ain fears. The creature is manufactured and can non hurt the male childs, yet they still fear it. As insight is humanity # 8217 ; s blessing, and perhaps it very well may be discerning also, disregard such ridiculous musings of creatures and other such unmerited dreads ( as Piggy endeavored to make before ) , it is other than humankind # 8217 ; s load. Other creatures do non hold the ability to fear things that do no influence that at a current moment in cut. Only humankind creates creatures, causes insidious and injury without cause, and alarms perish. It is other than applicable that Simon is the strict aspect of this novel. Simon has realized that the creature is manufactured furthermore, potentially even reality with regards to what it represents. Since society has gone so far with the build of a # 8220 ; mammoth # 8221 ; and the trepidations and indecencies that it speaks to, all pieces of society, even Simon # 8217 ; s, have gotten septic. 6. The Lord of the Flies is the relinquish that the male childs made to the creature. The creature, of class, speaks to their ain improprieties, fears and different nuisances, accordingly the Lord of the Fliess speaks to the old society that has passed on in light of these things. The last line of section eight is expressing us that Simon, who depicts the spiritualty in the public arena, has now been gulped by the trepidations and indecencies of his general public that has decayed to such a degree as to non only make a # 8220 ; monster # 8221 ; , however, to go it. Simon is the most fragile part in this general public, as is spiritualty, appeared by his consistent swooning. After he is gulped by the creature and swoons, spiritualty on the island is coming truly close to expiring. Golding is trying to state us that spiritualty is the most vulnerable feature of a general public. Indeed, even as confidence is winning in numerous social orders, it gets overwhelmed non by people looking for edification, yet by corruptness and autocracy, as occurred in medieval occasions. Religion as often as possible is controlled by those in power and manhandled as a device to order the hapless through strategies, for example, fear strategies. Essentially, the spiritualty individuals are brought into the world with is fundamentally controlled and controlled on the grounds that it is feeble and not well characterized. I accept that Simon does non so much speak to an individual arrangement of otherworldly convictions, yet more the Godhead spiritualty, lovingness, and pardoning that we are conceived with. Conceivably the book is each piece much about the effects of society on a man individual as it is around society overall. At the point when the disease that society every now and again makes taints an individual, for example, Simon, the individual # 8217 ; s spiritualty is simple vanquished and supplanted by corruptions and fear. I henceforth accept that this book can be analyzed on two graduated tables ; the male childs stand foring society, furthermore, the male childs each stand foring the individual characters which all in all include and vie for high caliber of the human brain.

Triangulated Polygons Essay -- Mathematics

From the earliest starting point of time there have been numerous oddities in humankind. With the headway of procedures, instruments, and information, our comprehension of the world tries to explain our interests. The most advantageous to factors since our commencement would incorporate our insight into numbers. Numbers hold extraordinary prospects and deliver answers to the most perplexing frameworks of life. Our science is fused into fundamental parts of our day by day lives, permitting us to open our possibilities and offer keys to reveal the shrouded insider facts known to man. There are numerous applications to arithmetic, for example, triangulating polygons. Triangulation is a studying strategy wherein a locale is partitioned into a progression of triangular components dependent on a line of known length with the goal that precise estimations of separations and headings might be made by the use of trigonometry. (Organization, 2009) Since its disclosure, triangulation has loaned the world numerous useful preferences. Polygons exist as multi-sided shapes. These shapes can be partitioned into numerous non-covering triangles. These triangles associate corners to corners, making diagonals that segment it off. These areas are called raised structures. The numerous employments of calculations permit anybody to ascertain these triangular structures. The science behind triangulating polygons was started in Alexandria by the man, Euclides. Euclides was a Greek mathematician who was profoundly adored as the â€Å"Father of Geometry.† Euclides had a strange individual life, since his life was not archived and regularly mistook for other people. He showed numerous kids arithmetic during the rule of Ptolemy. His dad and granddad were believed to be Greek, however this isn't sure thinking about the disarray between him... ...'s Formula. Recovered from ENRICH: http://nrich.maths.org/1384 Organization, H. M. (2009). Triangulation. Recovered from TheFreeDictionary by Farlex: http://www.thefreedictionary.com/triangulation csunplugged. (2010, October 30). Santa Clause's Dirty Socks (Divide and Conquer Algorithms). Recovered from Youtube: http://www.youtube.com/watch?v=wVPCT1VjySA address, P. T. (1993). Triangulations and Arrangements. McGill University. Math Open Reference. (2009). Euclid. Recovered from Math Open Reference: http://www.mathopenref.com/euclid.html Suksak, P. S. (2010, November 30). Catalan Numbers Presentation 2. Recovered from Slide Share: http://www.slideshare.net/PaiSukanyaSuksak/catalan-number-presentation2 Teter, M. (2000, March 15). Sonar a method of seeing sound. Recovered from Cornell Center for Material Research: http://www.ccmr.cornell.edu/training/ask/index.html?quid=260 Triangulated Polygons Essay - Mathematics From the earliest starting point of time there have been numerous abnormalities in humankind. With the headway of methods, devices, and information, our comprehension of the world tries to explain our interests. The most advantageous to factors since our commencement would incorporate our insight into numbers. Numbers hold incredible prospects and deliver answers to the most intricate frameworks of life. Our science is joined into fundamental parts of our day by day lives, permitting us to open our possibilities and offer keys to reveal the shrouded insider facts known to mankind. There are numerous applications to arithmetic, for example, triangulating polygons. Triangulation is a looking over strategy wherein a locale is separated into a progression of triangular components dependent on a line of known length with the goal that precise estimations of separations and headings might be made by the utilization of trigonometry. (Organization, 2009) Since its disclosure, triangulation has loaned the world numerous useful favorable circumstances. Polygons exist as multi-sided shapes. These shapes can be partitioned into numerous non-covering triangles. These triangles associate corners to corners, making diagonals that segment it off. These segments are called arched structures. The numerous employments of calculations permit anybody to ascertain these triangular bodies. The arithmetic behind triangulating polygons was begun in Alexandria by the man, Euclides. Euclides was a Greek mathematician who was exceptionally venerated as the â€Å"Father of Geometry.† Euclides had a secretive individual life, since his life was not archived and regularly mistook for other people. He showed numerous kids science during the rule of Ptolemy. His dad and granddad were believed to be Greek, however this isn't sure thinking about the disarray between him... ...'s Formula. Recovered from ENRICH: http://nrich.maths.org/1384 Organization, H. M. (2009). Triangulation. Recovered from TheFreeDictionary by Farlex: http://www.thefreedictionary.com/triangulation csunplugged. (2010, October 30). Santa Clause's Dirty Socks (Divide and Conquer Algorithms). Recovered from Youtube: http://www.youtube.com/watch?v=wVPCT1VjySA address, P. T. (1993). Triangulations and Arrangements. McGill University. Math Open Reference. (2009). Euclid. Recovered from Math Open Reference: http://www.mathopenref.com/euclid.html Suksak, P. S. (2010, November 30). Catalan Numbers Presentation 2. Recovered from Slide Share: http://www.slideshare.net/PaiSukanyaSuksak/catalan-number-presentation2 Teter, M. (2000, March 15). Sonar a method of seeing sound. Recovered from Cornell Center for Material Research: http://www.ccmr.cornell.edu/instruction/ask/index.html?quid=260

American Government Essay Topics - Knowing Where You Fit in

American Government Essay Topics - Knowing Where You Fit inAmerican government essay topics are diverse and not only include one area or subject. Students need to know where they fit in when writing an essay.There are three main areas that can be written about in an essay. These include education, politics, and the arts. Each topic is covered in a different manner.The first subjects such as history, geography, religion, and sciences. These are the subjects that students are most likely to cover when reading. Students should be well versed in each topic in order to be successful in their essay writing.Students who prefer the written word would prefer to focus on these topics. American government is another place where this may be true. These subjects can range from any number of topics. They can cover constitutional law, foreign relations, military matters, civil law, ethics, economics, and many other subject areas.Topics that are often included in an essay include current events, cur rent issues, and historical documents. These are all things that the average student would write about on their own. But they are not the only things a student needs to write about. In fact, this is very important for the students to know in order to be successful in writing.If students do not know where they are in the area of writing in their area of study, they may want to write about the topic that is related to their own subject area, instead of choosing the right topic. This will give them a better chance of getting the essay completed and being accepted into a good college or university. All they have to do is complete the grammar and structure of the essay, but more on that later.Onegreat topic that is known by almost everyone is the classics. It is extremely difficult to do and will require exceptional knowledge of the topic. However, if a student knows where they should be in writing, they will find that this is a perfect topic to tackle.The exact topics covered are someth ing that can be learned from learning your class's topic. When writing an essay, you should learn where you should be at in the subject, so that you know how to do it properly. The ability to write and do so properly will be critical when going on to other topics.

International Standardization Of The European Union

Glossary CEN European Committee for Standardization, an association that brings together the National Standardization Bodies of 33 European countries to develop European standards in various sectors. CMRs - Carcinogenic category 2 Carcinogenic, mutagenic or reprotoxic substances. The classification of CMRs is used to protect the consumers against harmful substances. Carcinogenic category 2 means ‘Suspected human carcinogens’. CR CEN report EC European Commission, one of the main institutions of the European Union which proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the European Union. EN European Standards, the documents that have been ratified by one of the three European Standardization Organizations (ESOs), CEN, CENELEC or ETSI. prEN Proposed European Standard REACH The Registration Evaluation Authorisation of Chemicals Regulation, the regulation that streamlines and improves the former legislative framework on chemicals of the European Union. Nickel Legislation In response to the increasing prevalence of nickel allergy, the regulatory standards have been introduced for preventing the allergy. Based on studies by Mennà © during 1987, the 1989-1990 Danish regulation restricted amount of nickel release from some consumer items and DMG (Dimethylglyoxime) test became an important screening test [1-3] (Table 1). Besides Denmark, other countries such as Sweden, and Germany, also implemented their own law to limitShow MoreRelatedAdoption of Ifrs in Bulgaria1197 Words   |  5 Pagesof the International Financial Reporting Standards (IFRS) in the Republic of Bulgaria. 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The European Union, in particular the internal common market, is an example of regional economic integration (REI). France and Greece are both members of this union, and therefore have an internal common market with each other. This means that trade between the two nations is treated as trade within a single country. This policy is meantRead Morehuman resource961 Words   |  4 PagesAnswers It was designed to eliminate trade barriers between the United States, Canada, and parts of Asia. It created several, independent commercial markets for goods and services. It was a customs union like the European Community. It involved economic and political unions. It provided only for the elimination of tariffs and other trade barriers between the United States and Canada.    The most important advantage of Northeast China that mainly contributed toward its beingRead MoreEuropean Military Integration Of The United States1701 Words   |  7 PagesTaylor Land DIP600 – â€Å"Europe† 10-21-14 Analytical Paper European Military Integration For 65 years, Europe has had its military policy tied to that of the United States through the North Atlantic Treaty Organization (NATO). During much of this period European and U.S. security interests were aligned against a common threat in the USSR. However, the era following the collapse of the Soviet Union has been marked by a European shift away from national sovereignty and towards a more integrated EuropeRead MoreInternational Governmental Organizations And Organizations990 Words   |  4 Pagesnames for intergovernmental companies are international governmental organizations or intergovernmental organizations. These are organizations that are primarily made up of the sovereign state that are termed as member states. They may also be made up other intergovernmental organizations. Intergovernmental companies/intergovernmental organizations are usually referred to as international organizations; however, the definition may also cover international non-governmental organization s (TaninchevRead MoreProposed Medical Design Requires The Certification And Approval By A Notified Body1208 Words   |  5 Pagesthe Council Directive 93/42/EEC recommends to conform to the EN ISO 13485 and EN ISO 14971 European standards, although it is not require [14][26][27]. Furthermore, for basic class I devices, only the declaration of conformity is required before receiving the CE marking, making market entrance more accessible for small companies [13]. iii. Standards Standards are published documents by several international and national organisations that establish the basic specifications and procedures that manufacturesRead MoreAvoiding And Managing Common Mistakes2055 Words   |  9 Pagesmember of the European Union which has its own uniform currency - 1.00 EUR is equal to 1.42317 CAD - Euro is a hard currency o Globally Traded o Stable o Reliable †¢ What is the tariff status in relation to Canada? Past - In 1700s when France controlled parts of Canada there were minimal tariffs on Canadian fur to make the fur trade prosperous - When Canada continued to develop tariffs were imposed to protect the French economy Present - Because France is a member state of the European Union it usesRead MoreBenefits Of International Trade1216 Words   |  5 Pagesthe multilateral trading system in all matters including the enforcement of rights and obligations under the organisation, Dispute Settlement, Trade Negotiation. Further assistance can be sourced from external international donors and institutions, inclusive of Beirut-based International Monetary Fund Technical Assistance Centre for the Middle East; the United Nations Development Programme. 7) Bilateral Trade Agreements Trade agreements are treaties which do not require any particular form

Hamlet And Oedipus The King - 1668 Words

A â€Å"tragic hero† can be defined as a courageous character who is destined for their own destruction. These characters usually seek out to do something for the greater good, but end up causing their own death. Sophocles’ â€Å"Oedipus the King† tells the life of a king named Oedipus who is trying to solve the murder case of the former king. A similar plotline is seen in Shakespeare’s â€Å"Hamlet†, where Hamlet tries to uncover who killed his father, who was also the king before his untimely death. Both characters set out to do something good, but create many problems and ultimately find themselves corrupted. Oedipus’ initial introduction presents the character as a well-rounded man who is simply trying to help his people and serve justice. In the†¦show more content†¦The two go back and forth for a while which ultimately ends in Oedipus sentencing Creon to death for essentially treason. At this point in the play, it is clear that Oedipus is making some rash decisions in order to clear his consciousness. It appears he still wants to do the right thing, but nothing goes his way. As the play progresses, a messenger is sent to tell Jocasta of Polybus’, Oedipus’ believed father, death. Oedipus is told of this and is relieved, as this is a sure sign that the prophesy will not be true. The messenger then tells Oedipus that his father really was not his father, and Oedipus questions the messenger on how he knows this. The messenger explains that Oedipus was â€Å"A gift he took you from these hands of mine† (Sophocles 1553). The messenger saved Oedipus by bringing him to Polybus instead of leaving him to die. Oedipus tells Jocasta of this new information and how he plans to find out more, and Jocasta pleads with him to leave it alone. Finally, the herdsman is brought in to answer Oedipus’ questions. The herdsman is hesitant at first, but eventually tells Oedipus the truth. He was the one who gave a baby to the messenger, the baby who was left to die by Laius and Jocasta. It is now clear to Oedipus that this horrid oracle is true, and it is his life. Oedipus sets off to kill Jocasta, but is shocked to find that she has committed suicide. All of this information plus his mother’s suicide has caused Oedipus so much mental distressShow MoreRelatedHamlet And Oedipus The King1544 Words   |  7 Pagesliterature, Hamlet and Oedipus the King. Oedipus the King was written by Sophocles and Hamlet was one of the famous dramas of Shakespeare. There were some similarities and several differences between the two tragedies. Although the plays were both set in different time periods, they had similar themes about fate and free will. Their plots were also analogous. However, the two main character had a major vital difference that Hamlet is a tragedy of inaction and Oedipus is a tragedy of action. Hamlet and OedipusRead MoreComparing Hamlet And Oedipus The King1263 Words   |  6 PagesShakespeare’s Hamlet, and Sophocles, Oedipus the King, both of the main characters conform to the same classic tragic hero formula. Oedipus suffers a life based on a pre†birth prophecy, whereas Hamlet finds himself burdened with the task of avenging his father’s death. In both situations, two kings must leave their innocence behind as the truth leads them first, to enlightenment and then to their downfall. They battle between the light, the truth and the darkness, the lie. Both Hamlet and Oedipus are similarRead MoreComparison Between Hamlet And Oedipus The King1312 Words   |  6 PagesHead-On, Shakespeare’s Hamlet, and Sophocles’ Oedipus the King are all subject to confinement in both similar and dissimilar ways alike. 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There are manyRead More William Shakespeares Hamlet and Sophocles Oedipus the King1362 Words   |  6 PagesWilliam Shakespeares Hamlet and Sophocles Oedipus the King   Ã‚  Ã‚  Ã‚  Ã‚  Though Shakespeares’ Hamlet and Sophocles’ Oedipus the King were written in two different eras, echoes of the latter can be found in the former. The common theme of Hamlet and Oedipus the King is regicide. Also, like in Oedipus the King, there is a direct relationship between the state of the state and the state of their kings. Furthermore, there is also a relationship between Oedipus’ armed entrance into the bedroom in whichRead More The Protagonist as Victim in Oedipus the King and Hamlet Essay727 Words   |  3 PagesVictim in Oedipus the King and Hamlet      Ã‚  Ã‚   In Sophocles Oedipus the King and William Shakespeares Hamlet, the unruly forces surrounding the protagonists are the source for their downfall. Fate, women, and divine intervention are the foundation for the protagonists demise. The protagonists are powerless against these elements, and for that reason, are not responsible for their finish. The uncontrollable force of fate is one component that assists in destroying Oedipus. Oedipus cannotRead MoreScripting Stage Space in Oedipus the King and Hamlet2416 Words   |  10 PagesLiterary people have long been studying and teaching plays as if they were meant to be read rather than performed. A central part of a plays meaning is the way it was originally designed to work on stage. William Shakespeares Hamlet and Sophocles Oedipus the King have long been included on academic lists for scholarly study as literary texts. As someone who has studied both texts in just the manner Hornby mentions, I would suggest that what is lost when a scholar treats a play text as literatureRead More Comparing the Tragedies of Hamlet, Oedipus the King, and Death of a Salesman1023 Words   |  5 PagesComparing the Tragedies of Hamlet, Oedipus the King, and Death of a Salesman The tragedies Hamlet, Oedipus the King, and Death of a Salesman have strikingly different plots and characters; however, each play shares common elements in its resolution. The events in the plays’ closings derive from a tragic flaw possessed by the protagonist in each play. The downfall of each protagonist is caused by his inability to effectively cope with his tragic flaw. The various similarities in the closingRead MoreDifferences Between Oedipus And Hamlet982 Words   |  4 PagesConsidering King Oedipus’s self-inflicted blindness and Hamlet’s overwhelming thirst for his own stepfather’s blood, it seems that both men have lost their minds. However, these men are not truly mentally unhinged, but rather incredibly devoted to their religious ideals. Hamlet, a Catholic, believes that his actions will determine his afterlife; the way he acts, though crazy, is an attempt to please God and avoid eternal damnation. King Oedipus, a follower of Apollo and t he Greek gods, acts irresponsibly

Increasing Minimum Wage in Puerto Rico and the Virgin Islands

Early in the management of the FLSA, it became apparent that submission of the statutory minimum salary was expected to produce undesirable consequences upon the finances of Puerto Rico and the Virgin isles if applied to all of their covered industries. Consequently on June 26, 1940, an amendment was enacted prescribing the establishment of exceptional commerce managing groups to determine, and topic through salary instructions, the smallest salary grades applicable in Puerto Rico and the Virgin isles. The rates established by commerce committees could be less than the statutory rates applicable in another place in the United States. On May 14, 1947, the FLSA was changed by the Portal-to-Portal Act. This legislation was significant†¦show more content†¦Parity with nonfarm employees was come to at $2.30 with the 1977 amendments. The 1977 amendments, by eliminating the distinct lower minimum for large farming employers (although keeping the overtime exemption), set a new consistent wage agenda for all enclosed workers. The smallest went to $2.65 an hour in January 1978, $2.90 in January 1979, $3.10 in January 1980, and $3.35 in January 1981. The amendments alleviated the provisions for establishments allowed to provide work scholars at the smaller wage rate and permitted exceptional waivers for young kid’s 10to11 years old to work in agriculture. The overtime exemption for employees in hotels, motels, and bistros was eradicated. To allow for the effects of inflation, the $250,000 dollar capacity of sales coverage check for retail trade and service enterprises was expanded in phases to $362,500 after December 31, 1981. As a result of the Supreme Courts 1985 decision in Garcia v. San Antonio Metropolitan Transit Authority et.al., assembly passed amendments altering the application of FLSA to public sector workers. Specifically, these amendments permit State and localized zed governments to reimburse their employees for overtime hours worked with compensatory time off in lieu of overtime pay, at a rate of 1 1/2 hours for each hour of overtime worked. The 1989 amendments established a singleShow MoreRelatedHome Depot Essay1736 Words   |  7 Pagesthan competitors - Balanced brand mix - WEAKNESSES Sub optimal capital structure - Product recall OPPORTUNITIES - International presence - Growing popularity of power tools - Increasing online sales THREATS - Intense competition - Slowdown in US housing market - Rising labor wages in the US |The Home Depot Inc. (HD) | | Read MoreMinimum Wage And The Wage Essay1204 Words   |  5 PagesThe minimum wage is one of the most controversial issues on our country, which is United States has been facing last ten years. 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Segmenting Markets Essential Significant â€Myassignmenthelp.Com

Question: Discuss About The Segmenting Markets Essential Significant? Answer: Introducation Segmenting markets is an essential and significant factor for shaping the strategies within the hospitality industry. This may result into differentiate and develop the hotel properties as well. Within the fast changing landscape of the hospitality industry, the hotels are improving and expanding continuously. While entering a new market, it is very important for the hotels to segment their target market and position the brand. The key of a successful marketing strategy is the STP strategy which is segmentation, targeting and positioning. The approach indicates that the entire market is constituted of few relatively homogeneous sections with their different and distinct cultures and desires (Hennart Slangen, 2015). Therefore this approach attempts to recognize each of the market segments, direct the activities of the organization according to the demand of their targeted market segment and position their brand in an appealing way to the targeted market segments. This section will di scuss the target markets and mode of entries in terms of the multinational hotel, Hilton Worldwide Holdings. Hilton Worldwide Holdings is a global brand with resorts and hotels in around eighty five countries across the world. The company has shown a constant growth over the years and increased around thirteen percent from their previous years growth. The organization aims to provide genuine experiences for their clients. When this hotel entered in the Australian market, the brand had segmented the entire client base in different segments for positioning their brand in a favorable position than the other brands. Segmenting the market involves differentiating the customers on the basis of different variables such as demographic, geographic, and psychographic and many others. While entering the Australian market, Hilton Worldwide Holdings had segmented their market in following ways: Geographic segmentation: This segmentation includes targeting a particular group of customers based on their geographic locations in the global and national levels (Brouthers, 2013). This strategy of Hilton hotels aims to build their hotels in locations which are quite popular for the target market base. For instance, Australia has been a favorable position for the hotel as it is apopular location for ding business and travel. Demographic Segmentation: This segmentation includes different variables such as age, gender, income, lifestyle, social class etc (Samiee, 2013). In this term, the Hilton Worldwide Holdings target the clients who are mostly middle to senior aged and belongs to higher income group and upper class of the society. The organization charges premium price for their quality services. Psychographic segmentation: The hotel targets the ambitious professionals who can express that they can perceive the higher achievements and high status by paying the premium service in the hotels. Benefit segmentation: This segmentation includes the implementation of the market segment based on the benefit of the customers and focus on obtaining the services and products provided by the company (Brouthers, 2013). Therefore Hilton has offered its existing and potential customer base a higher status in the society with luxury and a sense of accomplishment. This segmentation of the market has helped the brand in entering the Australian market where such premium quality hotels existed from before. Since the hotel has targeted the higher class and upscale customers who belong to the higher income group and travel for business, the hotel has considered providing a high level service as a major mode of entry. The marketing team of the organization has executed a regionally relevant and a coordinated strategy that can drive more customers to them. The hotel also applied their revenue management to the segmentation and targeting strategy as this has helped them to reach a varied customer base and matched their budget as well. United backpackers Kraus et al. (2015) has pointed out that backpacking is quite popular in Australia and this industry has made a major contribution in the national economy. The backpackers from all over the world come to Australia. Naidoo Wu (2014) has indicated that the hotels are quite significant for offering the essential facilities for the entertainment and leisure for the urban crowd. However, within this globalized era, the low budget hotels are increasing. There are large shares of the Australian hotels that are budget oriented. As discussed before, the notion of marketing segmentation indicates to the split of the market into different segments of customers. The segmentation is done on the basis of similar requirements of a group of customers. As per the demands of the customers for same choice of accommodations, the backpackers industry has taken adequate steps to target their particular segments and choose their new modes of entry in the market. United backpackers is an organization that mostly targets the youth groups. The segmentation of this tourism industry is generally designed to achieve a certain level of industry development. Targeting the market also provides a clear framework for the potential changes that the industry may make for making effective steps for developing the industry (Hassan Gioeli, 2014). The United backpackers mostly targets the psychographic and demographic segment as they attract more young travelers and the leisure travelers. On the basis of the demographic segmentation, Uni ted backpackers targets its customers. Demographic segmentation: This segmentation refers to the study of the sex, age, education, life style etc. In case of this organization, they target the young market segment that belongs to the average income groups with higher energy for travelling. They opt for the adventure sports and other interesting activities. Furthermore the organization concentrates on finding few specific modes for entry for the young market concentrating on their specifications. For this target group, nature is a tempting and attractive experience (Falk, 2016). Therefore the hotel has chosen its location to be in a place with scenic beauty with the wild fauna and flora which tend to act as a gateway for the urban young crowd. The hotel also arranges tours to the sand, sea, bungee jumping etc. Therefore the hotel can attract tourists along with maintaining the ecology. There are also coastal lifestyle experiences in Australia which is quite popular for the young urban crowd. The hotel maintains offering this lifestyle experience wh ich gives a touch of the classic outdoor lifestyle and provides thrill and fun at the same time. The hotel does not really targets the family market, rather they target the young travelers and the mature market who tend to seek out the experiences of exploratory vacation experience (Richard Richard, 2017). Moreover the organization tends to advertize their organization through the television and printed material as this market segment mostly relies on these media for travel information and opportunities. However, this market segment is limited and it does not offer a huge range of services to the travelers, therefore the hotels do not receive more travelers throughout the year. Psychographic segmentation This segmentation focuses on dividing the market into groups as per the life styles of the travelers. The life style tends to influence the buying attitude, behavior and the activities and expectations of the consumers (Horner, 2016). As the hotel is mostly providing a leisure experience to the average income groups, they tend to provide an experience that is out of the urban crowd and relates to the adventure and indigenous tourism. Coca Cola Hammad (2014) has indicates that it may be difficult for the brands to persuade all the customers in a better way, however, they can opt for a better and smart approach in order to make sure that the marketing strategy in entirely targeted towards a particular groups of consumers. Therefore they tend to develop their global branding strategy in accordance to that. Coca cola is a brand that has already positioned their product in the global market for achieving better success. Nowadays, the consumers are more health conscious; therefore they tend to demand for low calorie drinks which are not as harmful as the previous ones. Therefore, Coca cola has brought new products in the market which contain low calorie. This market segment is a comparatively new one in the soft drink industry. As indicated by Sengupta (2012) as the higher level of sugar consumption can cause the dangerous diseases such as diabetes and heart diseases, therefore now more consumers are looking for adopting a bette r and healthier life style. Therefore this has leaded them to demand products that contain lower level of sugar. Therefore the products of Coca cola which have lower calorie, their demand has gone higher. Coca cola has considered this demand of its customer base and targeted developing the low calorie drinks. Initially, Coca cola has developed the low calorie drinks such as Diet coke and Coke zero which targeted the market segment that demands the soft drinks with less sugar level. For such drinks, while these products were serving the market segment having higher demand for the low calorie drinks, the mother products were from the normal soft drink segment. However, the outcome was not as it was expected before launch. The taste of these soft drinks was not accepted by the consumers. Therefore Coca cola started developing a new soft drink with low calorie with less than thirty percent of sugar. This was developed as a result to targeting the market segment where the customers are more interested in achieving a healthier life. The taste of this soft drink was up to the mark as well. According to Doyle (2012) the brands require finding the position of their products with the determined market segment, so that the requirements of the customers can be served accordingly. The brand also requires gaining competitive edge within the market. Therefore as stated in the previous figure, the soft drink with lower sugar level composition has placed itself as a soft drink with better taste and low calorie. Therefore they have branded the product such a way within the market segment that it could easily compete with the other soft drink products based on the taste of the products. The product was launched with a balance of good taste and lower calorie. Therefore it can be said that the organization has done its branding in an appropriate way and positioned the product which has been beneficial for the brand for achieving success in the market. Nestle Nestle has been an important manufacturer for the consumer goods in a lower price all around the world. The brand has been in a leading position for more than a century which has also marked that the brand has changed its goods according the taste and demands of the consumers. Nestle has been a part of everyday life as the brand mostly focuses on the delivery of different benefits for people through their service, food and beverages (Sengupta, 2012). The brand has understood and anticipated the requirements of the customers which have helped them to adapt the new opportunities that came in their way throughout these years. With the digital disruption, the relationship between the suppliers and customers has changed; therefore the organization has also grabbed the opportunities for addressing the specific challenges faced by the organization. After creating the products, Nestle tends to differentiate the image of the products in an effective and efficient way which can provide a competitive edge within the market place. For global branding, it is very important to differentiate the products of the brand. Nestle has a wide range of customers. There are around twenty five kinds of minerals that are available for children in the market. Nestle also has Lactogen and cereal for the new born babies. Nestle has made these products almost a monopoly within the market. Other than the nutritious baby foods, Nestle has also provide ready to make Maggi noodles which contains vitamins, minerals and nutrition. The brand reaches to its targeted customers through experienced channels and retailers (Aaker Joachimsthaler, 2013). Therefore the products tend to reach the customers easily. The company also provides a great after service by providing 24*7 hotlines. The brand always brings changes according to the new requirements of the custo mers. As the brand targets the baby food market, they position their brand by focusing on the nutritious part of the products. Reference list Aaker, D. A., Joachimsthaler, E. (2013). The lure of global branding.Harvard business review,77, 137-146. Bowie, D., Buttle, F., Brookes, M., Mariussen, A. (2016).Hospitality marketing. Taylor Francis. Brouthers, K. D. (2013). A retrospective on: Institutional, cultural and transaction cost influences on entry mode choice and performance.Journal of International Business Studies,44(1), 14-22. Doyle, P. (2012). Building successful brands: the strategic options.Journal of marketing management,5(1), 77-95. Falk, M. (2016). A gravity model of foreign direct investment in the hospitality industry.Tourism Management,55, 225-237. Greenfield, S. (2016). Giving the Global High Sign: Coca-Cola Advertising of the American Way in Life Magazine, 1941-1947. Hammad, A. (2014). The Impact of Celebrity Advertisement and Endorsement on the Buying Behaviour of Consumers, Brand Image and Brand Positioning of Coca Cola in London, United Kingdom. Hassan, L., Gioeli, T. (2014). Foreign Market Entry-Modes and Their Impact on Perceived Cultural Differences. Hennart, J. F., Slangen, A. H. (2015). Yes, we really do need more entry mode studies! A commentary on Shaver.Journal of International Business Studies,46(1), 114-122. Horner, S. (2016). THE FUTURE OF MARKET SEGMENTATION AND RELATIONSHIP MARKETING IN THE TOURISM AND HOSPITALITY SECTORS.Atna Journal of Tourism Studies,1(1), 1-14. Keller, K. L., Parameswaran, M. G., Jacob, I. (2012).Strategic brand management: Building, measuring, and managing brand equity. Pearson Education India. Kraus, S., Ambos, T. C., Eggers, F., Cesinger, B. (2015). Distance and perceptions of risk in internationalization decisions.Journal of Business Research,68(7), 1501-1505. Naidoo, V., Wu, T. (2014). Innovations in marketing of higher education: Foreign market entry mode of not-for-profit universities.Journal of Business Industrial Marketing,29(6), 546-558. Richard, B., Richard, B. (2017). Hotel chains: Survival strategies for a dynamic future.Journal of Tourism Futures,3(1), 56-65. Samiee, S. (2013). International market-entry mode decisions: Cultural distance's role in classifying partnerships versus sole ownership.Journal of Business Research,66(5), 659-661. Sengupta, S. (2012).Brand positioning: Strategies for competitive advantage. Tata McGraw-Hill Education.

Annexation of Mexico essays

Annexation of Mexico essays That American annexation of Mexico would be mutually beneficial is nearly beyond dispute. The first is an ever-expanding "Land of Opportunity." The second is a troubled political and economic failure. The former stands as the economic success story capitalism. The latter crawls as a nation either unwilling or unable to utilize its own resources and, thus, languishes in economic collapse. While America sits to a small degree dismayed with the unethical maneuvering of her politicians, Mexico reels from the daily instability of a horrendous government system that bears no responsibility to the people it governs. In short, the bulk of the Mexican Republics major problems would be eliminated or, at least, alleviated by her annexation. With this in view, the most pressing question rears itself out of the mire of international policy: "By which means shall America gain Mexico?" The term "pressing" is used here sarcastically, for-though a few actually do consider this question a pressing on e-the means remain today as patently obvious as they were in the nineteenth century. Quite simply, the best method for the expedient annexation of Mexico-which most everybody deems both imminent and necessary-is that of invasion and subjugation. Please allow for the presentation of a scenario. Thirteen days after the first American battletank rolled across the border south of Santa Fe, Toms and his wife (with five children in tow) proceed to a mandatory convocation in the small towns square. An American announces in unbroken Spanish that Mexico and her states are now America and her states. It is a hot Mexican day. The American representative relates a brief summary of the twelve day incursion and how Mexico gave her rule over to the United States with few casualties (resultant largely from the American show of force). He goes on to explain that the former Mexico will be included in the free states of her captor with full rights and ...

Killing Hitler

Killing Hitler RP CAT - Killing HitlerDear Friedrich,[Ca] I very much appreciate your request for me to take revenge on the German mass murderer Adolf Hitler. [IC] After much consideration I have come to the conclusion that I will take part in the assassination.I, similarly to Joseph Fletcher (founder of Situation Ethics) and Jeremy Bentham, am a hedonist whom attempts to bring "the greatest good for the greatest number". This means that I am a strong consequentialist and [R1] would certainly kill one man to save the lives of 6,000,000 innocent Jews. [R2] I am also a relative moralist and would do what seems the most beneficial in the long term as opposed to committing myself to a set of rules to be followed throughout my life. From this you can gather that I am undeniably a Hedonist. On the other hand I believe that most altruistic decisions are actually made for egoistic purposes and that the majority of decisions are made purely for the benefit of us.[Ex] For example, walking an old lady across the road; you are doing her a favour but thus giving yourself a feeling of pleasure and well-being.My views could then be contradicted by famous followers of the Natural Law such as Thomas Aquinas [CA] who would say that murdering a person is going against the responsibility to preserve life and say that although you are a consequentialist you may be causing more pain to more people by killing Hitler because someone, perhaps more evil than Hitler, could come into power and kill double the amount of innocent people. He would state that consequentialists cannot predict the future and therefore cannot know what will do the greatest good for the greatest number. My views could also be argued against by followers...

Article summary and response Essay Example | Topics and Well Written Essays - 750 words - 1

Article summary and response - Essay Example that he is against sweatshop exploitation and that it should be a collective moral duty to bring the system to an end or to improve it for the benefit of the workers. Meyers begins the article by detailing the arguments against the exploitation of sweatshop workers. The first argument is quite simple, which is that people believe that exploitation practices such as these are morally wrong and should not be implemented in any workplace. Another argument comes from the philosophy of Kant that states that people should not be used â€Å"as a means but always as an end in itself (Meyers, 2007).† This means that it is immoral for employers to take advantage of workers who are desperate and in need of even the slightest bit of money. Meyers then goes into the idea of a basic golden rule, stating that if an individual would not want to be exploited in such a way, then it should not be right for another person to be similarly exploited. The final point that Meyers brings up in regard to those opposing sweatshop exploitation surrounds the fact that the CEOs of these companies are bringing in millions of dollars per year, while their underpaid employees are only bringing in a couple of dollars each day. As such, it should be the moral responsibility of the CEOs to realize that they are making more than they need to survive, and what is left over should be given to the underprivileged employees. Meyers makes it known that CEOs might find this to be unfair, but Meyers stands by the thought that unfair and doing the right thing will often go hand-in-hand. On the side that favors sweatshop labor and exploitation, the greatest argument about whether or not the system is moral or immoral is that the majority of these workers are not being forced into these jobs. They are not being forced to stay in these positions or to accept the meager pay. Due to this, there is no violation whatsoever of human rights. It is their right to decide if they want to work in a sweatshop or not,

The artist M.C. Escher Research Paper Example | Topics and Well Written Essays - 500 words

The artist M.C. Escher - Research Paper Example In some of his works, he created polytypes that cannot be constructed in real world and can be explained using mathematics knowledge. His study on mathematics began with George Polya’s academic paper about plane symmetry groups. What he studied inspired him to study the concept of 17 wallpapers (Math Explorer Club, 2009). By using this mathematical concept, he manage to create a periodic tilings made up of 43 colored drawings of different types of symmetry. This was the point where he started developing mathematical approach to expressions of symmetry shapes in his drawings. He was being viewed as a research mathematician during that time when he documented his findings in a book wrote about asymmetry polygons. He researched about color based division and he came up with a system of classifying combinations of shape, color and symmetrical properties (Math Explorer Club, 2009). He also developed several interlocking figures that appear to be mathematically incorrect. With the use of black and white color, he manages to develop different dimensions to make the impossible mathematics look possible. He normally combines 2 and 3 dimensional images to a single print. In his works entitled ‘reptiles’ he drew pictures where reptiles come out of tessellation, move around, and go back into 2 dimensional forms. To create certain linear perspectives, he picked a point on the drawings such that all the lines in the work will converge together at one point. In this way, he used mathematics to develop a certain perception from the audience, without using any special mathematic tool. Escher circle limit III contains tessellations that he drew with a free hand and they are mathematically correct (Abrams, 1995). In 1956, he analyzed the concept of representing infinity on 2 dimensional planes. His wood carvings circle limit I-IV shows the infinity concept. In 1959, he explained further about infinity using his construction (Abrams, 1995). The

Examining the usefulness of Financial Statement Analysis

Examining the usefulness of Financial Statement Analysis Financial statement analysis involves the assessment of a businesss past, present and future condition. The objective is to identify the weaknesses as well as the strengths of a business. If weaknesses are found, the business can take appropriate steps to correct or overcome them. On the other hand, the business can use its strengths to its advantage. In this way, the business will be able to improve its overall financial situation in the future. As the business owners they are intently interested in how well their business is doing. The most likely way to determine the status of a business is by analyzing the financial data and that means crunching the numbers. The basics of financial analysis usually mean calculating different financial ratios and then coming to conclusions about the how the company is financially performing. Financial ratios here refer to principal tools for financial analysis as they can be used to answer numerous questions regarding the businesss financial well being. Financial ratios are used by three main groups. First is Managers, who employ ratios to help analyze, control, and thus improve their firms operations. Second is a credit analyst, such as bank loan officers or bond rating analysts, who analyze ratios to help ascertain a companys ability to pay its debts. Third is stock analyst, who is interested in a companys efficiency, risk, and growth prospects. Also, the ratios provide useful information to users of financial statements for example investors and analysts to assess and evaluate the operations undertaken as well as being used to analyze its performance and position over time (Al-Ajmi J., 2008). As stated by Al-Ajmi J. (2008), the most important of the users groups to know about financial ratio analysis are investors and creditors because these users interested to read the contents of financial statements and calculate a variety of financial indicators before they want to make any final decisions on credit and investing decisions. To them, they believe that through analyzing financial statement will provide valuable financial indicators and have predictive power. Financial analysis can be done through assessing the financial statement of company. Financial statement in this case focuses on balance sheet, income statement, cash flow statement and statement of changes in equity. Financial ratios are generally classified into four main groups liquidity ratios, activity ratios, gearing ratios, and profitability ratios. The liquidity ratios can be used to measure whether the firm can repay its financial obligations on time or not. The two commonly used liquidity ratios are the current ratio and the quick ratio. Next is activity ratios can be used to measure how effectively the firm uses its resources (assets) to generate sales or revenue. This ratio is so called efficiency, turnover or even business asset management ratios. Commonly used to measure activity ratios are inventory turnover ratio, average collection period, accounts receivable turnover ratio, non-current assets turnover ratio and total assets turnover ratio. Third is gearing ratios also called debt management ratios and leverage ratios. This ratio indicate how the firm is utilizing outside funds to finance its assets and whether the firm can pay the interest on the use of these non-owner supplied f unds as well as repay the principal or the original amount of the loan. Commonly used to measure gearing ratios are debt ratio, time interest earned ratio and debt to equity ratio. Lastly are profitability ratios which can measure the end results of the firms ability to produce profits from its resources as well as to measure the companys use of its assets and control of its expenses to generate an acceptable rate of return. The most commonly used ratio is gross profit margin and net profit margin. Knowing the financial ratios of our business is important because by knowing what these ratios mean and being aware of trends can aid the entrepreneur in better managing a business in future. In general this paper is reviewing the literature review on the effect of analysis of financial ratios on business financial performance or financial situation in three different types of industries. Focus on the analysis of financial ratio in service industry, financial industry and higher institutional education. There are different views and different effects when financial ratio analysis going to used to analyze company performance from different types of industry. LITERATURE REVIEW 2.1 USEFULNESS OF FINANCIAL RATIOS Financial ratios are said as the most widely used indicators of company. It play a role to value firms, to distinguish creditworthy companies compare to others, to identify acquisition targets and to indicate the process of organizational in completing or the time needed to complete a task (Al-Ajmi J., 2008). The financial analysis model known as a quite helpful tool for executives to measure or predict enterprise bankruptcy or enterprise failure provides concerned decision-makers (authorities) with the possibility or hoping to avoid failures. Also it becomes an early warning system to the corporate management. (Karacaer and KapusuzoÄÅ ¸lu, 2008). As stated by Karacaer and KapusuzoÄÅ ¸lu, (2008), the most highest ratios contribution in the analysis regarding the variables whose effect the financial condition of the sample enterprise are ROE, debt ratio, net working capital, acid test ratio, net profit ratio, cash ratio, and current ratio respectively. Among of them, the liquidity ratios are the main element in these ratios. It is observed that all the variables have differing but significant effects on the corporate financial situation. Financial ratios can be used as financial indicators which allow for comparisons between companies, between industries, between different time periods for one company, between a single company and its industry average. Apart from that, financial ratios generally hold no meaning unless they are benchmarked against something else, like past performance or another company and industries. The reason behind that is the ratios of firms in different industries, which face different risks, capital requirements, and competition are usually hard to compare if we have no other things to compare (Wikipedia). As mentioned by Salmi, Timo Roy Dahlstedt Martti Luoma Arto Laakkonen (1988), financial ratios are commonly used for comparison of financial position intra-industry. Also, in financial statement analysis a firms performance and financial status are frequently evaluated in relation to other firms in the same branch of industry or in relation to industry averages. 2.2 STEPS TO EFFECTIVELY FINANCIAL RATIOS As stated by Darrel Hulsey, the basics of financial analysis usually mean calculating different financial ratios and then coming to conclusions and clarification regarding on how the company is financially performing in business activities. There are certain things that must be considered before too many conclusions are drawn. Firstly, understand what comprise different financial ratios before start analyzing companys data. Must take into consideration all financial ratios numbers derived from financial statement comprise of balance sheet and income statement. Balance sheets represent a reflection for a particular point in time. Income statements present a cumulative time summary of performance. For example, year-end financial statements should include a balance sheet that presents how various company accounts look on that particular day at the end of the year, whereas the income statement shows how companys performance over the period Second is evaluating external influencing factors. As with all companies, the financial statements can be influenced by various factors like management or owner decisions and discretionary spending, seasonal effects, legal structure choice, type of industry, customer mix, or a number of other issues. These factors can influence the financial statements and will, in turn, influence the financial ratios analysis. Third is look at internal trends. Always keep in mind is that one ratio alone tells one very little. A clear picture starts developing when one looks at ratios over different time increments. By comparing financial results against prior performance one gets a better idea of what is occurring within the company. Trends will start to develop and can give insight into areas that may need corrective attention or to areas that may need to be reinforced. Internal trend analysis is most likely most beneficial because one is comparing similar business situations over various periods of time. Fourth is compare results to the industry. Comparing your business performance to other similar businesses is a common way to judge how well the business is doing. Even though this is very common, there are limitations to doing so. First realize these comparative ratios represent an average. Averages are simply that and most likely your business will vary somewhat. Next be sure you are comparing your business to other businesses similar in asset size and sales volume. In some cases there may be no suitable comparisons. Try to insure you are comparing apples to apples. There are several sources to get comparative financial data including private companies such as Risk Management Association (RMA) and trade associations that collect data from their members. Knowing what is the average for your industry is important. The averages can serve as a general benchmark for your business. Additionally, these averages are often times used to compare your business performance when you are seeking capital from outside sources such as a bank. Being different may not be a deal killer, but not being able to explain why you are different may indeed be a deal killer. 2.3 THE EFFECT OF ANALYSIS OF FINANCIAL RATIOS ON BUSINESS FINANCIAL SITUATION IN DIFFERENT INDUSTRIES 2.3.1 SERVICE INDUSTRY In measuring the performance of service firms, the most strongest and consistent ratios used are activity and profitability ratios. Obviously, the profitability ratios indicate that small service firms have higher returns to sales than large firms. Specifically, service firms have less liquidity, greater activity, and higher profitability. Interestingly, the small and medium size service firms had higher total debt levels. The short-term debt findings show that service firms used significantly smaller amounts of short term funding. Means that service industry more prefer to finance the business activity through long term debt. On top of that in service industry, the most suitable of ratio to measure business profitability is by calculating return on equity. Apart from that, activity ratio was measured by a primary ratio and a secondary ratio. It refers to sales to assets and sales to inventory respectively (Michael D., John X. and Steven J.). The results found by Michael D., John X. and Steven J. associated with the activity ratios for service firms show a positive and significant relationship an concluded that size of firm very unrelated to productivity of public firms in service sector The growth in air transportation industry gives a picture that performance evaluation is important for executives body to identify and recognize the operating problems arise in market competition. According to Feng C.M. and Wang R.T. (2000), referring to previous study it more concerning airline performance evaluation which only focus merely on operational performance. However, evaluation on financial performance is seems to be ignored. As far as we are concern, to measure the survival prospect of an airline market can be look through the financial performance of the company itself. The absence of financial ratios may lead to biased assessment. There are three main types of performance indicators used in airline industry. The first one is production efficiency, marketing efficiency and execution efficiency which relate to department of production, marketing and management (Feng C.M. and Wang R.T., 2000). As stated by Feng C.M. and Wang R.T. (2000), in making analysis of financial statement of airline industry, assets and capital of the owners equity are classified as the input of financial factors. Moreover debts and expense are classified as the output of the financial factors and for revenue or otherwise losses categorized as the outcome of financial factors. Due to that, the input financial factors characterized by sunk cost which included flight equipment and interest expense, while its output by intangible products. Otherwise its consumption characterized as not-stored services. 2.3.2 FINANCIAL INSTITUTIONS Evaluating the performance and financial condition of the financial service organizations is very critical. The intermediation role of financial institutions in market trading is such that performance in this sector indirectly gives impacts on other sectors of the economy. When performance is good it will contribute a positive effect on the economy but when the financial sector is distressed and got some problems then they will contribute a negative effect on other sectors of the economy (Ibiwoye A., 2010). In the perspective of banks to achieve their aims for institution development was by growing the components of their assets as an alternative of moving to increase the profitability. All of these require the determination and management of several factors, which play an important role in the profitability of banks in the new environment (Halkos and Salamouris 2004). In U.S Banks, to increase investors hope and confidence, they adopt Dominion Bond Rating Service (DBRS) which provides bank ratings as a forward-looking measure of a banks ability to meet its financial obligations. The DBRS ratio analysis focuses on four interrelated aspects of a banks financial health. First is Earnings Power, it refers to the ability to generate consistent profits and grow capital internally. Second is Asset Quality, it refers to the potential for losses that could impair earnings and capital. Third is liquidity where it focuses on cash resources available to meet short-term obligations. And the last one is Capital Adequacy; it refers to the ultimate creditor protection against future losses (Reid, Lister, Schwartz, and Muranyi, 2005) According to Al-Ajmi J., (2008), the financial indicators that analysts use as basis for decisions are not necessarily all equally useful to them in making any decision. There are no significant differences between credit analysts and financial analysts with respect to 40 of the indicators identified in the study. From the perspectives of 244 credit analysts and financial analysts in Bahrain, they are measured by the ranking of 71 financial indicators and 5 components of corporate governance. Based on the result it shows that credit analysts consider the quick ratio as the most useful ratio, followed by the non-recurrent ratio. For the financial analysts they consider price-earnings as the most useful ratio, followed by the market-to-book ratio. It is also worth mentioning that the efficiency difference between large and small banks reaches its maximum value in 1999. While doing financial analysis it has a positive relationship between size and performance. Besides, through mergers and acquisitions it leads to a continuous increase of average efficiency of the larger banks while efficiency of the small banks is impaired. It is proved that the higher the size of total assets leads to the higher of the efficiency is. It is evidenced from the significant increase in the sum of the total assets employed in the market as well as the increase in the average level of Banks Assets (Halkos and Salamouris, 2004). 2.4.3 HIGHER EDUCATION INSTITUTIONS As study did by Buddy N.J. (1999), it identified a set of financial ratios that summarize the financial situation of a higher education institution in which the ratios helped to analyze the financial solvency and viability of the six higher education institutions in Oklahoma. The study focused on the ability of the institutions to meet current and future financial requirements of the institutions. Therefore financial ratio analysis is the most suitable and known as an effective communication to the mind of users regarding financial situations of universities and colleges to internal and external entities. On top of that, ratios known as excellent tools for facilitating the communication, analysis, and understanding of large masses of complicated, detailed information of the institutions. As what have been found in study conducted by Chabotar, (1989); Cirtin Lightfoot, (1996), they concluded that financial ratio analysis could also serve as a tool to evaluate the efficiency, effectiveness and accountability of higher institution education as what been done by ratio analysis in analyzing business financial condition. In this case Buddy N.J. (1999) said that financial ratio analysis allows for the evaluation of past performance and for future planning of institutions. By identifying a manageable number of quality ratios, the presentation of financial data may be more efficient and tell a better story and give a better picture of the true financial condition of the institution of higher education. The reduction of a large mass of numbers into a few manageable, easily interpreted ratios will allow both internal and external entities to make better-informed decisions regarding financial position and condition of higher learning institutions. In the opinion of Buddy N.J. (1999), understanding the financial condition of higher education institutions become an important part in view of decision making to respond to any pressures arise. As supported by Chabotar, (1989) where work on financial ratio analysis for higher education institutions has aimed at clarifying and explain the perceptions and making judgments of financial distress more credible. Financial ratios can also have the reverse use, to identify what is unique about a higher education institution. The most frequently cited motivation for financial ratio analysis is the ability to control for the effects of size difference over time and across institutions As mentioned by Buddy N.J. (1999), financial ratio analysis can help both the institutional user and those agencies to make funding decisions. This is due to where the financial ratio analysis could be used to obtain the physical evidence of any deviations of the norms and could also allow management by exception. Also financial ratios recognized as an indicator to whether conditions are getting worse or getting better which may allow management by exception and alerts the institution to the possibility of future financial distress. Besides, financial ratio analyses have a role to identify how and in what ways the condition is changing (Collier Patrick, 1978). Lupton, Augenblick, and Heyison (1976) in their study identified the indicators which include institutional control, enrollment trends, trends in education and general expenditures, current fund revenues to expenditures, academic expenditures to education and general expenditures, freshman full-time equivalents (FTEs) to total undergraduate FTEs, and tuition and fees to student aid revenues. All these indicators determined by using a panel of experts, as well as discriminate analysis, to determine 16 discriminating indicators of financial condition. Whereas, Collier and Patrick (1978) conducted theory-based research and developed a set of dimensions that describe financial condition which comprise of financial independence, revenue drawing power, financial risk, revenue stability, and reserve strength. Same as what being done by Lupton etc., Collier and Patrick also used experts and discriminate analysis to determine the indicators that differentiate between strong and weak private institutions and between strong and weak public institutions. As agreed by Buddy N.J. (1999) the purpose of institutional comparisons is to highlight differences and to raise important questions about past and future policies for internal and external entities. The reason is many higher education institutions differ from comparative peers for good and valid reasons. The argument might be that, when an understanding is reached for why an institution scores differently from its comparative peers, a conclusion can be drawn as to what is unique about that institution as compared to others institutions. Referring to study of Buddy N.J. (1999), he found that many of the measures financial ratios used by higher education institutions are based on what sources financial revenues are earned and for what services expenses are incurred. Based on the result it allows both internal and external entities to monitor institutional effectiveness and efficiency. There are 15 key financial relationships being used by Donald E. Miller (1972) to set forth for business and industry a cause-and-effect ratio analysis based. The reason is higher education institutions will find themselves in a particular financial position because of some cause or causes. The 15 ratios have been applied and tested as a unified system in thousands of business situations demonstrated that, when used together; provide a fundamental financial understanding to the users. The interrelationships that exist among financial resources require a better examination of the institutions total fund structure. A better understanding o f the trends in and the condition of the financial resources is important to the early detection of any institutional distress. Changes in resources are symptoms of those internal and external factors might cause financial pressure or development. A higher education institution with sufficient financial resources can withstand adverse trends and has the flexibility to institute changes at opportune moments to reverse the trends. Resources merely provide the opportunity to be flexible through economic changes and experiment where possible without jeopardizing and impair the institutions future prospect. 3.0 CONCLUSION It is important to analyze trends in ratios as well as their absolute levels. Trend analysis can provide clues as to whether the firms financial situation is likely to improve or to deteriorate. Financial statement analysis involves a study of the relationships between income statement and balance sheet accounts, how these relationships change over time (trend analysis), and how a particular firm compares with other firms in its industry as we called as benchmarking. In addition, financial statements are used to help predict the firms future earnings and divi ­dends. From an investors standpoint, predicting the future is what financial state ­ment analysis is all about. From managements standpoint, financial statement analysis is useful both to help anticipate future conditions and, more important, as a starting point for planning actions that will influence the future course of events The importance of financial statement analysis should not be underestimated. The understandable format of financial ratios allows virtually any stakeholder and users of financial statement to acquire a basic comprehension of the most critical financial policies of institutions and their financial condition. Chabotar, K. J. (1989). Financial ratio analysis comes to nonprofits. Journal of Higher Education, 60(2), 188-208. (ERIC Document Reproduction Service No. EJ 389 089) Cirtin, A., Lightfoot, C. (1996). Financial statement analysis for private colleges and universities. The National Public Accountant, 41(8), 29-34. Collier, D. J., Patrick, C. (1978). A multi-variate approach to the analysis of institutional financial condition. Boulder, CO: National Center for Higher Education Management Systems. Chabotar, K. J. (1989). Financial ratio analysis comes to nonprofits. Journal of Higher Education, 60(2), 188-208. (ERIC Document Reproduction Service No. EJ 389 089) Lupton, A. H., Augenblick, J., Heyison, J. (1976). A special report: The financial state of higher education. Change, 8(8), 20-35. Miller, D. E. (1972). The meaningful interpretation of financial statements: The cause-and-effect ratio approach. New York, NY: American Management Association, Inc.

Ad Reinhardt Abstract Painting 19601965 :: essays papers

Ad Reinhardt Abstract Painting 19601965 Ad Reinhardt's painting, Abstract Painting 1960-65, is at first glance' a black square canvas. The subject matter seems to be just what it is, a black painting. There are no people. No event or action is taken except for the fact that Reinhardt has made the painting. The title only provides us with the information that we are looking at an abstract painting. The only other information that the artist gives you is the time period, in which it was conceived, 1960 to 1965. In the least amount of words possible, we could describe the painting as an abstract color field. It is possible that a narrative is expressed through the piece, although, we can not be certain what it is. There is nothing narrated through conventional means in any way. The composition of the painting takes place with the square of the canvas. The square is approximately 5' x 5'. A black frame surrounding the painting protrudes approximately 4" off the canvas. There is a 1" inlay between the canvas and frame. From this square, Reinhardt breaks the composition into six equal squares in three even rows. Texture is no where to be found in the painting. No visual indication of the artist's brush stroke is present. No varnished glare is given off by the piece. The entire work, including the frame, is completely matte. The squares take up the entire canvas in a checkerboard type arrangement. Each square is a slightly different shade of blue-black. It almost becomes impossible to see the difference between each square. The middle squares in the top and bottom rows shift more towards blue than the rest of the squares. The division of these middle squares become more obvious than the others. When the painting is looked at from a distance, it is almost imposs ible to see any of the squares at all. When looking from a far, all a viewer can see is a blackish blue canvas. As you stare longer into the painting, a halo begins to form around the corners of the canvas, creating a circle inside the square. Once you look away from the canvas, the circle is gone. With this observation in mind, we could say that the painting most definitely relies on the viewer. A viewer is required to look at the piece for its full affect. We could say that the squares in the painting are self-contained.

Environmental Impacts Essay

Global climate change as seen above results in increased amounts of rainfall which in turn causes an increase in erosion levels in arid and semi-arid areas of island nations which does not have adequate protective vegetation cover Loss of soil implicates that the quality of soil cannot support the desired agricultural production and consequently low economic value for the country. With strong waves and wind speeds, some weather phenomenon can uproot trees in some areas resulting deforestation and in the future deserts can be created. (U. S Environment Protection Agency, 2007) Legal Address on Global Climate Change The United States through its Federal Court heard on September, 2006 the first case concerning global climate change where the companies had sued the state for implementing an act regulating the carbon dioxide emissions from cars that are not hybrid. The clean Air Act had stated that it greenhouse gases are considered air pollutants and therefore provided strict regulations of dealing with it. Other countries are still pushing the United States to agree with other countries on the Kyoto protocol on global warming which was rejected by some powerful countries which compromise their economic status in expense of the environmental concerns which will affect almost every human being on earth. Outcome of global warming The most immediate consequences of global climate change are; ? Rise in global temperatures ? Rising sea level ? Changes in precipitation patterns ? Increase in intensity and frequency of some extreme weather conditions such as the Tsunami ? Significant changes in agricultural yields ? Extinctions of some species ? Reduction in stream flows ? Glacier retreat ? Easier spread of disease ? Changes in mountain snow pack ? Water shortages Research has shown that global temperatures in the seas and on land have increased by 0. 75 Â °C in the last century. The most significant changes were seen in the 1990s due to the increased greenhouse effects and increased human activity. Going by estimates of the Gorrard Institute of Space Studies the year 2005 was the warmest in history and scientists provide an explanation that the main cause could be increased levels of greenhouse gases which are as a result of industrial activities. (Clean Air Act, 2007) Management of Global Climate Change Effects In order to manage global climate change effects manager’s commitment and dedication is of great importance and therefore it will incorporate both the two functions of planning and controlling measures. Global warming is not clear to the scientists trying to come up with solutions to it and therefore it is difficult to answer the question on how to manage global warming. Although many environmental activists have been trying to convince the current world leaders to adopt a common law that will see the elimination of fossil fuels in our countries, stiff criticism have been focused that suggests that alternative sources of fuel be developed to automatically weed what is now available in the market. Companies such as Mobil would rather resist keeping their businesses alive. However, at planning and controlling level, the following simple practices can help reduce global warming: (Maslin, 2004) ? Implementing already documented policies on environmental issues, ? Tree planting and places where deforestation has occurred, ? Proper landscaping of our homes i. e. deflecting winds away from home, ? Using hybrid vehicles with inflated tires and proper air filters, ? Unplugging of un-used electronics and ? Carpooling. Recommendations 1) The managers should incorporate all the four functions of planning, organizing, leading and controlling and should not rely on one of the above functions in order to successfully handle the changing climate. 2) The managers should also seek advice from external bodies like the UN in order to formulate viable policies that will curb the effect of change in climate 3) The managers should also incorporate other stakeholders for example employees and the surrounding population in order to jointly come up with appropriate measures that enhance solving the effects of climate change. 4) The managers should formulate strategies of curbing global warming effects that deals with economic, legal and environmental effects associated with the organization in question and the environment itself. 5) The managers should adopt and follow the Kyoto protocol in order to successful handle the effects of global climate change. (Wetherald and Manabe, 2002) Conclusion With such of gravity of the global climate issue, anybody is sure to seek answers on how to preserve this important commodity. Global climate changes is an international concern that attracts not only the attention of each person but also demands solutions from them since every individual at this generation would want to have his or her grandchildren and great grandchildren live in a wonderful environment. With such of gravity of the global climate issue, anybody is sure to seek answers on how to preserve this important commodity. Global warming is an international concern that attracts not only the attention of managers but also demands solutions from them since every individual at this generation would want to have his or her grandchildren and great grandchildren live in a wonderful environment. The most hotly debated issue we have today in the world is the global climate change. Current managers of different firms are discussing ways of curbing such developments of global warming by holding seminars and drafting policies to deal with it. Industrialized countries such as the United States, Germany, Japan and etc. are being blamed for not strictly adhering to the Kyoto protocol which was signed by most countries and accepted as the only way to control climate change. However, the biggest challenge for managers and political leaders is to eliminate very important economic contributors such as fuels from coal, sewerage and power plants that contribute to the increase in global warming. Because of its usefulness, the United Nations has been currently working with member countries to address the issue through all its organs. (National Oceanic and Atmospheric Administration, 2007) Reference Clean Air Act, (2008): – U. S. policy on global warming today, Retrieved From, http://www. globalwarming. net/, on May 11, 2008 Hilltop, J. (1994): European Human Resource Management in Transition: Prentice Hall, New York Maslin, M. (2004): Global warming: a very short introduction: – Oxford University Press, New York Maundy, L. (2001): An Introduction to Human to Human Resource Management: Theory and Practice: Macmillan, Palgrave Meehl, G. A. , Washington, W. M and Collins, W. D. et al. (2005): How much more global warming and sea level rise? Science 307 Meehl, G. A. , Washington, W. M and Collins, W. D. et al. (2005): How much more global warming and sea level rise? Science 307:1769 – 1772 National Oceanic and Atmospheric Administration (2008): Global Warming, Retrieved from http://www. ncdc. noaa. gov/oa/climate/globalwarming. html, on May 11, 2008 Paul, F. (2007): The Science of Discussing Changing Climate. Melbourne Circulation, Capital City Daily: Media Monitors

Outsourcing Outsourcing And Outsourcing - 1579 Words

â€Å"Outsourcing refers to obtaining certain services or products from a third party company, essentially sourcing something like accounting services or manufacturing of a certain input to another company. While many think outsourcing refers to using a service provider in another (usually cheaper) country that is not necessarily the case. Outsourcing can be done to a company that is located anywhere, the location isn’t important.† (Offshoring vs. Outsourcing, n.d.). There are many reason a business would choose to outsource, some of those reasons could include cost, specialization and flexibility. Cost is a very integral part of accounting and finance for a business. Usually a product or service can be produced or completed at a lower price while achieving the ideal quality measures and standards. Outsourcing services in some business departments such as IT and finance could greatly reduce operating costs savings which will greatly impact the bottom line. Specialization is another key business process in which outsourcing can play a key role. A large percent of businesses products or processes are specialized and outsourcing to another provider could initiate higher quality. Flexibility is another benefit of outsourcing. Flexibility offers the company the benefit of only paying for the service that is integral for operations management. For example, a company could outsource a part of the finance department that handles payroll. Instead of paying an employee full time toShow MoreRelatedOutsourcing And Offshore Outsourcing : Outsourcing1038 Words   |  5 PagesRunning Head: O utsourcing and Offshore Outsourcing 1 Outsourcing and Offshore Outsourcing Natasha Bing Grantham University Outsourcing and Offshore Outsourcing 2 Abstract (Greaver, 1999) proclaims that outsourcing is of a strategic nature and that the decision-makingRead MoreOutsourcing : Outsourcing And Outsourcing1541 Words   |  7 Pagesyears, although outsourcing has been seen as a common method used to achieve a successful business, many literatures on Information System still believe that most of the software could be better off build in-house and this can also be supported with the fact that there are evidences of organisations that took a significant damage from outsourcing. Therefore, whether or not a company should outsource part of their projects, it all depends on how the organisation manages its outsourcing system. This paperRead MoreOutsourcing : Outsourcing And Outsourcing1840 Words   |  8 PagesOutsourcing, and in particular offshore outsourcing, is absolutely necessary and helps our country s economy. Outsourcing helps a company focus on those things it does best and hence increase its top line revenues while reducing costs. Outs ourcing has provided organic growth to the United States corporations and enabled them to compete more effectively in global markets. This paper seeks to explore what outsourcing is, what the difference between outsourcing and offshoring is, what effects itRead MoreOutsourcing At Schaeffer : Outsourcing1707 Words   |  7 Pages Case Study 1 : Outsourcing at Schaeffer Gayathri Kadiyala Wilmington University TABLE OF CONTENTS Outsourcing definition †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3 Concept of outsourcing †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦. 3 Outsourcing at Schaeffer †¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦....†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 4 References †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 8 Outsourcing: Outsourcing is a process of a company obtaining the services from an outside vendor. 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The terms â€Å"outsourcing† and â€Å"offshoring† are used almost synonymously in today’s literature, however, there is a huge technical difference. Outsourcing simply occurs when a company buys any product or serviceRead MoreOutsourcing : Outsourcing Of Outsourcing Essay1307 Words   |  6 Pages1. What is BPO Business Process Outsourcing? BPO is a subset of outsourcing that involves subcontracting of various business-related operations such as accounting and customer service to a third party. The global BPO industry is estimated to be worth more than US$952 billion and is forecasted to experience strong growth between 3.5% and 7.6% CARG as can be observed in Figure1. BPO is often divided into two categories: a. 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Outsourcing take care of be marked as a bank s evaluate of a third satisfaction (either a born with entity within a corporate everyone or an entity that is exterior to the corporate group) to dig activities on a continuing reality thatRead More Outsourcing Essay1680 Words   |  7 PagesOutsourcing Outsourcing has become a very popular issue, and it has reached an all-time climax. Firms are starting to do this a lot more than than in the previous decade. What is outsourcing? Outsourcing is defined as â€Å"The procuring of services or products, such as the parts used in manufacturing a motor vehicle, from an outside supplier or manufacturer in order to cut costs.† And it has become a big issue in our country. There are thousands of articles and books written on it, and you can attend