Wednesday, November 27, 2019

Political Terms and Leopard Skin Chief Essays

Political Terms and Leopard Skin Chief Essays Political Terms and Leopard Skin Chief Essay Political Terms and Leopard Skin Chief Essay Discuss the institution of the feud among the Nuer as analyzed by E-P. Why did E-P argue that it played a necessary role in the segmentary political system of the tribe? The institution of the feud among the Nuer as analyzed by Evans Pritchard, is settled by a special person known as a â€Å"leopard skin chief†. A â€Å"leopard skin chief†, has ritual powers that deal with the Nuer social life and nature, including the power to bless and curse. Only certain lineages have â€Å"leopard skin chiefs† and not all lineages use their ritual powers. His function is political affairs between political groups which are regulated through him, but he is not a political authority controlling them. For example, when a man has committed murder, he must go to a chief, who cuts his arm so that blood may flow. Until the mark of Cain has been made, the slayer can’t eat or drink. If he fears infliction of punishment, which usually always happens, he stays at the chief’s home. Within some weeks the chief will bring forth from the slayers kin that they are prepared to pay compensation to avoid a feud and he persuades the dead man’s kin to accept the payment. During that time neither family (group) can eat nor drink from the same vessels as the other. The chief collects the cattle; forty to fifty cattle. The cattle is then taken to the dead mans home, where sacrifices of penitence and cleansing take place. This is the process of settling a feud. He does not judge the case because he does not have the authority to do so. The â€Å"leopard skin chief†, forces the kin of the dead to accept with the compensation if they are not willing to he will threatened to curse them. The moral settlement on both sides helps avoid further aggression from the incident. Evans Pritchard believes that we must recognize that feuds are settled more easily in smaller groups. Such as when a man kills a near kinsmen or a close neighbor, the issue is easily settled by compensation. When a homicide occurs within a village general opinion demands an early settlement. When a homicide occurs between primary or secondary sections of a tribe, there is a small chance of an early settlement and also because of distance retaliation is not taken as quickly, so the unsettled feuds build up. Such homicides are usually the result of intertribal fights in which several people are killed. This not only makes the settlement more difficult, but continues tension between the two groups to fight, in which their groups of people become involved. The kinsmen of a dead man are close enough to try to fight a kinsmen of the slayer and far enough from them to allow a temporary problems between the local communities to where they belong. However, their members are, as a rule, closely related by family ties must assist them if there is an open fight. The feud takes on a political feature and expresses the hostility between political segments. Evans Pritchard believed that the balanced hostility of political segments is maintained by the institution of the feud which permits a state of latent hostility between local communities, but allows them to form a larger group. He says that hostility is latent because even when a feud is being acted against there is no attempt to exact punishment, but the kinsmen of the dead may take any opportunity that presents itself to accomplish their purpose; and, also, because even when compensation has been accepted the feud may, in spite of settlement, start up again. The â€Å"leopard-skin chief† does not rule or judge, but acts as mediator through communities wanting to end a feud or make peace. The feud, including the role played in it by the chief, is a way by which the political structure maintains itself in the form known to America. â€Å"The leopard-skin chief† may also act as mediator in disputes concerning ownership of cattle, and he and the people on both sides may express their opinion on the case. But the chief does not have the authority to force obedience. All he can do is go with the plaintiff and some people of his community to the home of the defendant and to ask him and his kinsmen to discuss the matter. That’s only if both sides are willing to handle the situation in a civilized manner. Also, although the chief, after a meeting with the people, can give a decision, his decision is finalized by agreement of the people   Ã‚  Ã‚   The Nuer doesn’t have a law. There is no enforcement of governmental power. There are payments considered to someone who has suffered certain harm such as adultery, theft, murder, and fornication. There is no constituted or impartial authority who decides on the rights and wrongs of a dispute. In the Nuer community, if a person has been done wrong by another, they will receive support from there kinsmen and they are prepared to take matters in their own hands, especially, if they live near one another. The usual way of obtaining ones due is to go to the debtors and take his cattle. If the person who owes refuses to go along ith the repayment it could turn into a feud until the point someone could be harmed. How and whether a dispute is settled depends mostly on the people concerned in the kinship and age-set systems and the distance between their communities (tribes). Since the Nuer doesn’t have a government or law. The â€Å"leopard- skin chief† is not a political authority, the â€Å"Man of the Cattle†, totemic specialists, rain-makers , magicians, diviners and others. They have no political function or status, not saying to some people they may be important and feared. The heads of joint families, especially when they are rich in cattle, and have strong qualities seem to uphold importance but like all the other statues they have no power over another. With that being said, every Nuer basically regulates their affairs as they please. No Nuer who has natural gifts or not can be said to have political power or represent it. No local groups, apart from the prophets can be said to symbolize, or represent importance in the community. As Evans Pritchard argued institution of the feud among the Nuer played a necessary role in the segmentary political system of the tribe. As he described and analyzed in the section of the Nuer called â€Å"Political Systems†. He talked about the intertribal relations and the relations between tribal segments. Evans Pritchard summarizes how those relations define the Nuer political system. The political system has also been related to environment and their methods of living. We can only say, in conclusion to his observations through his anthropology studies of the Nuer that they were basically perceived as a political structure.

Saturday, November 23, 2019

Free Essays on Compassion Of Buddha

In the Legend of the Buddha Shakyamuni, the word â€Å"compassion† appears several times throughout the text. In the Merriam-Webster Dictionary, the word â€Å"compassion† is defined in two different ways. The first way comes from the Latin root â€Å"compati,† which means to sympathize. This definition means to be understanding and caring towards someone. The other definition originates from the late 14th Century, which means â€Å"sympathetic consciousness of others’ distress together with a desire to alleviate it.† This definition still uses the word sympathetic; however, there is an added component to help lessen the problems of others. I feel that the second definition of compassion (or karuna) pertains to the legend. Compassion in Sanskrit is defined as â€Å"pity, active sympathy and gentle affection felt for all sentient beings.† Once Buddha learns the four holy truths and the eightfold path, he claimed he reached his goal of Nirvana, he is described as â€Å"the great seer, full of compassion, had thus proclaimed the Dharma, he of the Kaundinya clan, and hundred of gods with him, obtained the insight which is pure and free from dust.† Throughout the legend, the goal of Buddha was to reach a level of release from the Samsaric cycle of rebirth. The second definition of compassion illustrates Buddha’s desire to elevate himself beyond the realm of the living and onto a more infinite, spiritual level. After Bodhisattva reached Nirvana, he wanted to not only help others reach the same state, but also have people there to share their experiences with. When the Buddha goes home to see his father, his father says, â€Å"instead, having conquered the great ills of the Samsaric world, you have become a Sage who proclaims the Dharma for the weal of all.† Buddha’s father says that his son has become a teacher, or a â€Å"Sage,† who uses his experiences and his knowledge to help others break out of the Samsaric cycle of life.... Free Essays on Compassion Of Buddha Free Essays on Compassion Of Buddha In the Legend of the Buddha Shakyamuni, the word â€Å"compassion† appears several times throughout the text. In the Merriam-Webster Dictionary, the word â€Å"compassion† is defined in two different ways. The first way comes from the Latin root â€Å"compati,† which means to sympathize. This definition means to be understanding and caring towards someone. The other definition originates from the late 14th Century, which means â€Å"sympathetic consciousness of others’ distress together with a desire to alleviate it.† This definition still uses the word sympathetic; however, there is an added component to help lessen the problems of others. I feel that the second definition of compassion (or karuna) pertains to the legend. Compassion in Sanskrit is defined as â€Å"pity, active sympathy and gentle affection felt for all sentient beings.† Once Buddha learns the four holy truths and the eightfold path, he claimed he reached his goal of Nirvana, he is described as â€Å"the great seer, full of compassion, had thus proclaimed the Dharma, he of the Kaundinya clan, and hundred of gods with him, obtained the insight which is pure and free from dust.† Throughout the legend, the goal of Buddha was to reach a level of release from the Samsaric cycle of rebirth. The second definition of compassion illustrates Buddha’s desire to elevate himself beyond the realm of the living and onto a more infinite, spiritual level. After Bodhisattva reached Nirvana, he wanted to not only help others reach the same state, but also have people there to share their experiences with. When the Buddha goes home to see his father, his father says, â€Å"instead, having conquered the great ills of the Samsaric world, you have become a Sage who proclaims the Dharma for the weal of all.† Buddha’s father says that his son has become a teacher, or a â€Å"Sage,† who uses his experiences and his knowledge to help others break out of the Samsaric cycle of life....

Thursday, November 21, 2019

The Trade income distribuition from 2005 to 2010 in saudi arabia Research Paper

The Trade income distribuition from 2005 to 2010 in saudi arabia - Research Paper Example The national income of the country has been unevenly distributed because the trade income is based majorly on the oil sectors. The government is more focused on minimizing poverty rather than mitigating the gap between the incomes. The trade income of the country can possibly be considered as a reason of the spread of such inequality in income. The expanded trade produce and the changes in the income distribution have been highly imbalanced over the last few years in Saudi Arabia. However, freer trade is only possible with the use of better political as well as socio economic development of the economy. The empirical growth theory has been propounded on whether the government expenditure can promote the growth of the economy. Saudi Arabia’s present economic score has been 62.2 making the economy 77th freest economy in the world as per the economic index of 2014. The oil-based economic system backed by absolute monarchy rule has been the major reason for the steady economic development of the country. Fiscal policy is observed to be a key element of Saudi Arabia’s macroeconomic policies stressing on the financing investment and the consumption activities. Parallel to the above economic trends the country is also observed to be the fastest growing economy in the Middle East and North Africa regions. The governm ent of Saudi Arabia gives major importance to the public expenditures, which broadly includes wide ranges of expenditures ranging from wages to the public welfare and human resource reinforcement. Considerably, it could be noted that the discovery of the oil in the commercial quantity brought major changes in the economic development of the country. During the Post-World War II, the country took active participation in the export of oil all over the globe. Consequently, the steady export of oil led to the development of a strong infrastructure of the country, which assisted in developing the economic growth of the country in return

Wednesday, November 20, 2019

MSA 522 Essay Example | Topics and Well Written Essays - 500 words

MSA 522 - Essay Example According to Act Utilitarian of Jeremy Bentham, an action that results in the happiness of one and all is a good act. He said â€Å"when choosing a course of action, one should always pick the one that will maximize happiness and minimize unhappiness for the greatest number of people† (Bentham from Rosenstand p.176). The actions, which result in maximum happiness for maximum number of people, are invariable good and therefore morally and ethically right. In the contemporary times, it becomes highly difficult because of the diverse ideologies and differing value system to satisfy large populace. Indeed, it is one of the crucial compulsions of the globalization that people should strive towards common goals of universal values. Misusing public funds by the vested interests (which may be managers in the public services) not only violate various stakeholders’ trust but they also deprive the general public from the benefits of the various welfare schemes which depend on the efficient use of the funds. Hence, using the said philosophy, the managers would ensure efficient delivery of the goals and objectives of departments and

Sunday, November 17, 2019

Extracurricular Activities in a Students Life Essay Example for Free

Extracurricular Activities in a Students Life Essay Extracurricular activities can empower students to make their own decisions and help them gain vital experience and skills to lead them on the path to their future. The Facts According to the Montana State University Extension Service, students involved in extracurricular activities are more likely to become leaders, more willing to complete tasks, more willing to voice opinions, and more likely to graduate from high school and have annual incomes of more than $50,000. Extracurricular activities are also a good way to explore social, political, and career interests. Gain Experience through Extracurricular Activities Extracurricular activities help students gain experience in a variety of areas that will enhance their future. Through participation in sports, students learn cooperation, teamwork and time management. By serving as an officer in an organization, students learn responsibility, problem solving and communication. Extracurricular activities can also help students discover hidden talents, meet people they might otherwise not encounter, and learn about things outside their own environment. How to Choose an Activity But which activities should a student choose? Should they choose activities that use talents they already possess and meet people with similar talents, or should they choose something new and different and meet people who possess different opinions and skills? Some students are comfortable with growth while others will feel more comfortable with familiarity. If a student enjoys outdoor activities, he or she may want to look into archery clubs, horseback riding or other sports. If a student enjoys reading he or she may also enjoy literary clubs, writing clubs or journalism activities. Extracurricular activities are also a good way to learn appreciation for new and different activities. A student who would ordinarily choose football or baseball might think about exposing themselves to archery or bird watching. Choosing something outside a students comfort zone widens horizons and expands knowledge. Being open to new avenues by joining the newspaper staff, the computer club or the decorative painters club will expose students to new people and new ideas. What Activities Are Available? Activities can be found by checking with school counselors, reading the club section of the local newspaper, calling the Chamber of Commerce, asking other students what activities they are involved in and checking with area churches. Information on volunteer activities can often be obtained from community service organizations or teachers. Teachers can be a wealth of information concerning work-study programs, internships and summer jobs; all of which help students build their resume and gain valuable experience in their career field. If a student has already chosen a career path, extracurricular activities can help pave the way. If he or she is interested in teaching science, being an officer in the science club or entering the local science fair can show commitment. Community service at a nearby pharmacy or volunteering at a lab at a nearby hospital or plant can also give experience in the chosen field and can be included on a resume. Ask Questions It’s important to inquire about the organization. Is there a cost involved? Will participants be asked to raise money? How often does the organization meet? Are evenings and weekends involved? Are outside activities required? How many hours will the organization’s activities entail? Checking school and work schedules should also be done before joining any organization. Extracurricular activities are important, but they shouldnt take up all of a students time outside the school day. There should still be time for homework, chores, relaxing, and spending time with friends and family. A combination of all these are an important part of a healthy lifestyle. Extracurricular activities should complement a students life, not complicate it. When students are involved in too many activities or in an activity that takes up too much time, students will become stressed and grades and family relationships begin to suffer. Students should be careful not to overextend themselves by taking on too many activities or volunteering for too many jobs or committees in an organization. Serving as an Officer of an Organization Serving as an officer of an organization can also teach a variety of skills. Leadership and management responsibilities can be gained through serving as President. Recorders or Secretaries gain experience in writing and journalism. Treasurers gain bookkeeping and money handling experience. Each office holds valuable skills that can be used in the future. Many students who ran for Student Body President of their school have gone on to become Chief Executive Officer of an organization or President of their own company. Running for office also gives students experience in campaign management, advertisement and people skills. Some students may choose to get to know an organization better before becoming an officer. They will still have opportunities to serve on committees or volunteer for projects throughout the year. Teamwork, communication and organization skills are all gained by serving on a committee or working on a club project. Commitment Learning to stick with an activity from start to finish is another important lesson of extracurricular activities. Once a commitment to a club, activity or committee is made, students should hang in there even if the activity isnt quite what they expected. By learning to see activities through to the end, students learn valuable lessons they will use later in life. They will be less likely to drop out of school, less likely to quit a job and less likely to walk away from a relationship prematurely. Gain Vital Experience and Skills for the Future Experience gained from extracurricular activities will follow students throughout their lives. It is surprising to note that when the top two candidates in the running for a job are closely matched, something like Eagle Scout listed on their resume can help decide the tie. Prestigious honors like National Honor Society, English Honor Society or Gamma Beta Phi are noticed by potential employers. They look for competent workers that are go-getters and are willing to get involved and go the extra mile. Even something like Scouting or 4-H tells employers about the person behind the resume. Taking the time to get involved in extracurricular activities will benefit students in a variety of ways. Time away from the school day through participation in extracurricular activities can also serve as an outlet for stress and a way to build confidence and self-esteem. Students need encouragement to pursue their dreams. Not only will it empower them to make their own decisions, they will also be given a chance to gain vital experience and skills that will lead them on the path to their future.

Tuesday, November 12, 2019

General accepted accounting principles Essay

This is a set of rules that guide accountants and auditors in preparation and audit of financial statements. GAAPs guide financial reporting in public organizations under SEC requirements as well as in private companies and government organizations. These rules are not rigid and therefore allow the accountants and auditors applying them some room to make own judgments. GAAPs ensure that financial statements prepared under its standards are comparable, consistent, reliable and relevant. Such financial statement aid users in decision-making on such issues as investing decisions, credit worthiness and tax computation. They help accountants make decisions when encountered by a difficult situation. Financial statements prepared under GAAPs also reflect a true picture of the entity’s financial position. (Stickney, C. and R. Weil, 2005) Historical cost It is a generally accepted accounting principle that applies to preparation of the balance sheet. This principle dictates that an item in the financial statement should be recorded at the amount that it was paid for rather than at market value. This is because the market value fluctuates a lot and those preparing financial statements may apply subjective measures of the market value. Recording assets at their actual cost does not affect a business entity much since assets are held to facilitate the entity’s operations and not for resale. It is criticized for ignoring the time value of money and market values of the various balance sheet items. However it is preferred as it leaves the management no room to manipulate the values as they would with market values. Financial statements prepared under this principles on therefore more reliable. (Stickney, C. and R. Weil, 2005) Accrual basis vs. cash basis accounting Accrual basis accounting recognizes revenue in the accounting period it is realized or earned and not necessarily when they are paid up. Revenue is considered realizable if the entity has enough ground to expect cash in future. It is considered earned when the entity has done enough to warrant compensation. The accrual basis also dictates that expenses be charged from revenue they were incurred to produce. Cash basis accounting on the other hand, requires that revenues is recognized in the accounting period that cash is received and expenses in the period they are paid for. Revenues and expenses involves in credit transactions are therefore not recognized until payment is done. It is usually applied in small organizations with a short credit periods. It is simple and inexpensive since one does not have to maintain several ledger accounts such as accounts payable accounts receivable, prepaid and accrued expenses. It also allows the entities to defer tax payments until it receives the cash. However accrual basis is more widely used since it gives a fairer view of the financial performance of an entity. It also complies with the accrual and matching concepts under US GAAP. The difference between the two methods is on timing of recording transactions. Cash basis traces all cash flows but fails to match revenues with expenses incurred. Accrual basis matches revenues with expenses incurred but fails to trace cash flows. (Stickney, C. and R. Weil, 2005) To overcome this deficiency, the entity has to prepare a cash flow statement. Current assets and liabilities vs. non-current items Current assets are cash and assets that can be converted in to cash within a short period probably within a year. They include accounts receivable, inventory and prepaid expenses. Non –current assets are not convertible to cash in a short period and if convertible, there are still non-current as they are used in the entity’s operation. Non-current assets are either tangible or intangible. Tangible assets include property and plant and machinery while intangibles include goodwill’s and patents. Current liabilities are those liabilities that fall due and are paid up within a year include accounts payable accruals, and tax liability. Non-current liabilities fall due in the long term and include such items long-term debt and deferred income tax. This classification is useful in determining the financial position of an entity. A business entity should pay its current liabilities with current assets and non-current liabilities with non-current assets and equity. A firm financing its current liabilities with non-current assets is not in a healthy financial position. Part 2 Wal-Mart stores Inc The consolidated balance sheet is arranged in the order of liquidity while the cash flow is prepared under the indirect methods.  Ã‚   All the statements are prepared in compliance with the US GAAP. Accrual basis accounting is applied and revenues are matched with the expenses incurred to generate them. Assets are recorded at the actual cost of acquisition and not at the market value. The balance sheet items are classified as current and non- current items. (Wal-Mart, 2008)   Wal-Mart Stores cash flow from operating activities is higher than the net income. The company is in a position to meet its financial obligations as they fall due. The cash flow from operating activities is more useful to Wal-Mart since it is harder to manipulate than net income. This is especially so for a retailer where the management can engage in sales boosting activities such as channel stuffing. (Williams J. and J. Carcello, 2006). Google Inc The corporation’s income statement is prepared under the common sized format is thus easier to analyze. The balance sheet and cash flow statement have been combined in to a single statement devoid of much detail. The corporation’s cash flow from operating activities is higher than the net income, which is an indication of enough liquidity to meet obligations as they become due. The net income for Google is however more useful than the net cash flow from operating as more details of its calculation is provided in the company’s annual report while the cash flow is given as a final figure. (Google, 2008) Honda worldwide The financial statements are prepared using the accrual basis accounting and historical cost concept. The revenues and expenses are matched and balance sheet items recorded at the actual cost rather than in fair market value. The balance sheet items are classified as current and non-current and are in order of liquidity. The statements are in compliance with the Japanese financial accounting standards, and are in conformity with the US GAAP. The positive net cash flow from operations indicates that company has enough liquidity to meet its financial obligations. The operating cash flow is more useful since net income does not reflect the firms true financial performance. The cash dividends are paid out cash from operating activities and it was therefore prudent to issue them. (Honda, 2006) Predictions Wal-Mart Stores The company is likely to be more profitable and have higher cash flows in 2007. This is because its investment budget both domestically and internationally has grown consistently over time. From the annual report it is clear that while the firm will expand its operations internationally, the growth in revenues and cash flow may be hampered by interest rate fluctuations and exchange rate fluctuations. The effect of these fluctuations is however mitigated through hedges. (Wal-Mart, 2008) Google The company future financial out look is healthy and income and cash flow from operating activities are likely to grow in 2007. Constant growth in both measures of performance has been also increased absolutely and also relative to reverse. It has also achieved greater efficiency as the proportion of net income in revenue has growth consistently. The trend is likely to continue in 2007. (Google, 2008) Honda worldwide While the net income has been growing over time the net cash flow from operating activities have declined in 2006. This is an indication that the company may experience cash flow problems in 2007. This company projects that revenues will grow in 2007 in spite of risks posed by interest rate and foreign exchange fluctuations. It however projects the growth to be moderate. (Honda, 2006)

Sunday, November 10, 2019

Greek Cosmobob Essay

Cosmo Panetta, a 74 year old immigrant from Greece, living in Niagara Falls, Ontario, Canada with his wife and two sons. After working odd jobs for ten years, Mr. Panetta used personal savings and a loan from a family member to purchase a variety store. He always dreamed of starting a family business. Panetta eventually sold the variety store and purchased, renovated, and renamed a drive-thru restaurant. A second location was added shortly thereafter. Both sons skipped college to help Panetta run the restaurants. Sales were good and customers returned for the good food and good price. Mr. Panetta’s brainchild food item, The Cosmobob, was praised by patrons of both locations, so he began preparing for mass-market introduction and development. Cosmo was faced with a number of decisions concerning producing The Cosmobob. There was an opportunity to open a third restaurant in the Niagara Falls business district, purchase or rent a new production facility for the Cosmobob, introduce the product on a provincial or national level, and whether to distribute through a food wholesaler or supermarket chains. All of these questions would have to be answered very thoroughly because Cosmo had only $25,000 available before having to turn to a bank. His age, shortage of menu diversification, and lack of higher education in the family would also have to be taken into consideration. In this analysis, we will analyze each situation and recommend the best options for Mr. Panetta, his family and their business. Cosmobob Product & Family Business Cosmo Panetta started his family business in 1975, when he opened his first restaurant in Niagara Falls, Canada. Mr. Panetta, his wife and older son immigrated to Canada from Greece. Mr. Panetta had a passion for starting his own family business. He knew that a variety store could be the way to fulfill this dream; therefore, in 1968, he used his personal savings along with a small family loan to purchase his first store. By 1975, he was presented with the opportunity to sell his variety store to a convenience store chain. Using this money and a loan from the bank, he bought an existing drive-in restaurant at Niagara Falls, which he renovated and named Cosmo’s Drive-in. In 1979, he opened his second location on Lundy Lane. Mr. Panetta always believed that a good location, excellent product, and a fair price were the key ingredients for a successful restaurant. Cosmo’s restaurants are famous for the Cosmobob. In 1998, the Cosmobob accounted for almost 35% of the Thorold location sales and 30% of the Lundy Lane location sales. With this tremendous success in one product, Panetta decided to produce and sell the Cosmobob to other restaurants in the area. An extra room in the back of the Thorold Stone location was used to prepare orders. The restaurant; however, had limited freezer space for storage so a local icehouse was used for $400 per month. Three people were initially hired on a part-time basis at $9.00 per hour to operate the production initiative. The Cosmobob sales went from 100 cases in September to 600 cases by December. Looking at this growth, production staff was increased to six people. Current locations Sales & Profit The Lundy’s lane location was also known as â€Å"the fast food strip† and the second restaurant was located on Thorold Stone Road, a main industrial street. Mr. Panetta managed the Thorold Stone restaurant while his older son Joe managed the Lundy’s lane restaurant. The average sale per customer for the restaurants was $6.88 and most of the customer traffic was recorded during lunch and dinner hours. Cosmo’s restaurant had grown to $480,000 in assets by 1998 with a gross profit of $136, 846 and almost $1,163,000 in sales. Decisions Affecting the Longevity of the Company Sales were promising in both locations and Mr. Panetta knew this could be a great time to inquire about expanding his company and product. He had three options to consider; opening a new store in the upcoming area mall, purchase or lease a facility for mass production, or do both. He also had to decide if he would market his product to the food service market or through supermarket chains. With only $25,000 to invest, he would need to consider a loan. Another question Mr. Panetta was faced with was; would the demand for the Cosmobob be high enough to see a profit within the first few years if he mass produced the product? Canadian Food Market The Canadian food market is a $37.8 billion dollar a year industry which consists of the food service market and retail grocery stores. The food service market includes all meals eaten away from home in schools, hospitals, prisons, nursing homes, hotels, and restaurants. Canadians on average ate 38% of their meals away from home in 1996. Hotels and restaurants serve 960 million meals a year; however, this is a small portion, only 8% of the total food service market. On the other hand, fast food service accounted for 80% of the 960 million meals, totaling 768 million. Within the food market, there are four basic types of food service systems used for delivering entrà ©es: Conventional system, where all food is purchased raw and processed on premises. The Semi-conventional food system; which provided frozen pre-cut meats. The ready food system provided pre-cooked frozen entrà ©es on premises and finally the Total convenience system where 90-95% of all food items were purchased from outside commercial suppliers. 25% of all hotels and restaurants used the total convenience system by 1990. The use of convenience foods helped contribute to the efficiency service during the peak periods of the day, resulting in faster customer service and increased sales volume. Marketing Strategy Mr. Panetta is undecided between two marketing strategies to promote and sell the Cosmobob. Either he can enter into the food service market or distribute through supermarket chains. Distributing through a food wholesaler would require permanently adding pita bread and Cosmo sauce to his offering. Grocery store chains were a larger market than food service; however, the cost would also be substantially higher. Cosmo knew there were no existing â€Å"ready to serve† souvlaki available to the home user. Serca Foods Serca Foods, a national food wholesaler, was interested in carrying the Cosmobob. They would require a 20% margin on the products purchased. Meaning for every Cosmobob case sold at $60, Serca Foods would receive $12. With Serca being a national wholesaler a federal inspection would be necessary for products to be sold in multiple providences. Therefore, Panetta would have to invest an extra $30-40,000 in his production facility to pass the federal government inspection. The complimentary items to the Cosmobob; the pita bread and Cosmobob sauce, were not available in all Ontario markets, resulting in additional working capital needed to cover four weeks of inventory. If the Cosmobob was exclusive to Serca, their salesperson would have the upper hand with its buyers. Cosmo would not have to personally worry about the selling and promoting of his product to the food service market. Small restaurants and hotels liked the convenience of ordering from only one wholesaler, and if only Serca offered the Cosmobob that gave them the opportunity to gain new accounts. Supermarket Chains Federal inspection would be necessary if the Cosmobob was introduced nationally in a supermarket chain. Distributing to the home user would be beneficial to those with large families that could not afford to eat away from home often, and also appeal to people who liked to have comfort food at home. Supermarket chains would expect a 25% margin on the retail selling price, good promotional support, and guaranteed delivery. The delivery to national supermarkets would be an additional cost for Mr. Panetta to consider. Mr. Panetta and his son were the only two conducting sales and demonstration of the product. With the promotional expectations of the supermarket chain, he would need to hire another salesperson in order to meet the demands. There is a $20,000 placement fee per product, per supermarket chain; in addition to samples, free food allowances, advertising, and trade promotion. Consumer promotion for a new product would cost more than $800,000 a year. Table 1 shows the estimated cost and profit if he used Serca Foods and produced and sold 2,400 cases a month. New Opportunity in Victoria Mall Mr. Panetta had an opportunity to open a new store in the upcoming Victoria Avenue Mall area. Compared to his current locations, this restaurant would be closer to the Niagara Falls business district and tourist area, which could possibly generate a lot of exposure to new customers. The estimated inflow to the mall was expected to be 500 cars per day. His target market would include local customers and tourist who visited Niagara Falls. The list of tenants in the mall includes a convenience milk store, hair styling salon, flower shop and a dry cleaner. With this expansion, he projects the new store could generate at least 60% of the Thorold Stone location initially and potentially match it in two years. This would require an investment of about $60,000 towards leasehold improvements and equipment. Table 2 and 3 outlines his initial estimated sales of $322,503 and net income of $10,930. Production Facility Options The facility space being utilized for production has reached its capacity. If Mr. Panetta considers expanding his product on a larger scale and mass produce, he must occupy a facility that can meet the needs of production and service. There are two options available; the mushroom factory and the old dairy farm. The mushroom factory is located outside of Niagara Falls in Grimsby, Ontario. To lease this facility for 3 years it would cost $83,340. In addition, Mr. Panetta would have to provide an upfront cost of $160,000 to cover improvements and mandatory government inspection. Alternatively, the building can be purchased for $460,000 which includes rent, facility improvements and inspection. After conducting a differential analysis, the differential cost from the alternative to buy the mushroom factory compared to leasing would be $216,660. Table 4 outlines the details of this analysis. His second option is the old dairy plant factory. This facility would require a 3 year lease agreement for a total of $103,200 in rent. It would also take an additional $30,000 in leasehold improvements, in order to get the facility ready for operation and $40,000 for government inspection. Mr. Panetta has the option to purchase this location for $470,000. In Table 5, the differential analysis shows a $296,800 net difference in the cost to rent or buy the old dairy plant. Recommendations After conducting a full analysis of Mr. Panetta’s product and the market, we recommend that he pursue a new business opportunity and open a new location in the Victoria Mall. Although the requirement to lease the site is for a minimum of 20 years, with rent exceeding $384,000, there is potential to reach many customers on a daily basis. Sales projected on 60% average of the Thorold location is expected to produce a $10,000 net income within the first year and has the potential to reach Thorold location sales in two years. Opening this new site would require a larger facility in order to mass produce the Cosmobob. The old dairy plant location in Niagara Falls would be the best option. Not only would it allow him to use the same employees, but the capital required to have the plant operational is less expensive. $70,000 would be required upfront compared to $160,000 in improvements and inspections for the alternative location. There is a $296,800 difference in cost to lease the old dairy plant compared to purchase. The lease option is less and it provides the option to discontinue the lease agreement after 3 years if he determines that his net profit is not meeting the company’s expectations. To market the Cosmobob through Serca Foods would be beneficial. While hotels and restaurants only make up 8% of the food service market, they served 960 million meals a year, and 768 are at fast food restaurants. The Cosmobob is a versatile entrà ©e and can be sold at eateries of all price points. The sales force and promotion is guaranteed, and the requested margin on sales is lower than that of supermarkets.

Friday, November 8, 2019

DDT essays

DDT essays DDT and The Environment: The Effects on the Ecosystem As earth's population grows so does the demand for food, and the use of pesticides has become essential in meeting this demand. The first important synthetic organic pesticide was a chlorinated hydrocarbon, dichlorodiphenyltrichloroethane or DDT. DDT was discovered in 1939 by Swiss chemist Paul Meller. In its early days, DDT was a popular pesticide because it was toxic to a wide range of insect pests, yet it appeared to have low toxicity to mammals. DDT was also persistent, which meant the pesticide didn't break down rapidly in the environment and therefore did not need to be reapplied often and since DDT was insoluble it did not wash off by rain or other weather conditions. Although gradually throughout time it was discovered that many insects had developed resistance to DDT, and it was discovered that DDT did in fact pose to be harmful to the ecosystem. This discovery created wide public interest and made people aware that chemicals were polluting the environment. As a resu! lt DDT was banned for use in North America and other countries in the early 1970s. Though pesticides, such as DDT, may decrease the number of insects, throughout history it has been proven that there is a detrimental effect upon the environment, animals and humans as a result. DDT is a colourless chemical pesticide, also known as dichlorodiphenyltrichloroethane, whose purpose is to eradicate disease-carrying and crop-eating insects. It was first isolated in Germany in 1874, but not until 1939 did the Swiss Nobel Prize-winning chemist Paul Meller recognize it as a potent nerve poison on insects. Thus, DDT was first used heavily in World War II for preinvasion spraying, DDT was disseminated in great quantities thereafter throughout the world to combat yellow fever, typhus, elephantiasis, and other insect-vectored diseases. In India, DDT reduced malaria from 75 million cases to ...

Tuesday, November 5, 2019

An introduction to the Delphi Language

An introduction to the Delphi Language Welcome to the sixth chapter of the FREE online programming course:A Beginners Guide to Delphi Programming.Before you start developing more sophisticated applications by using the RAD features of Delphi, you should learn the basics of the Delphi Pascal language. Delphi Language: tutorials Delphi language, a set of object-oriented extensions to standard Pascal, is the language of Delphi. Delphi Pascal is a high-level, compiled, strongly typed language that supports structured and object-oriented design. Its benefits include easy-to-read code, quick compilation, and the use of multiple unit files for modular programming. Heres a list of tutorials, an introduction to Delphi Pascal, that will help you learn Delphi Pascal. Each tutorial will help you to understand a particular feature of Delphi Pascal language, with practical and easy to understand code snippets. Object Pascal Variable Scope: now you see me, now you dont. Typed constantsHow to implement persistent values between function calls. LoopsRepeating operations in Object Pascal in Object Pascal in Object Pascal in Object Pascal. DecisionsMaking decisions in Object Pascal or NOT. Functions and ProceduresCreating user defined subroutines in Object Pascal. Routines in Delphi: Beyond the BasicsExtending Object Pascal functions and procedures with default parameters and method overloading. The basic layout of a Pascal/Delphi program. String Types in DelphiUnderstanding and managing string data types in Delphis Object Pascal. Learn about differences between Short, Long, Wide and null-terminated strings. Ordinal and Enumerated Data TypesExtend Delphis built-in types by constructing your own types. Arrays in Object PascalUnderstanding and using array data types in Delphi. Records in DelphiLearn about records, Delphis Pascal data structure that can mix any of Delphis built in types including any types you have created. Variant Records in DelphiWhy and when to use variant records, plus creating an array of records. Pointers in DelphiAn introduction to pointer data type in Delphi. What are pointers, why, when and how to use them. Writing and using recursive functions in Object Pascal.   Ã‚  Ã‚  Some exercises for you...Since this Course is an online course, there is much you can do to prepare for the next chapter. At the end of each chapter Ill try to provide several tasks for you to get more familiar with Delphi and the topics we discuss in the current chapter.   Ã‚  Ã‚  To the next chapter: A Beginners Guide to Delphi ProgrammingThis is the end of the sixth chapter, in the next chapter, well deal with more sophisticated articles on the Delphi language. A Beginners Guide to Delphi Programming: Next Chapter Sophisticated Delphi Pascal techniques for Beginners

Sunday, November 3, 2019

Affirmative Action v. Quotas, disparate treatment and disparate Coursework

Affirmative Action v. Quotas, disparate treatment and disparate impact, employment at will - Coursework Example Quotas, on the other hand, refer to a set number or percentage for the representation of people of a given group. The main difference between affirmative action and quotas is that while affirmative action has no set minimum percentages for the representation of a protected group, quotas provide this. This makes quotas easier to monitor considered that the criteria for determining whether or not an institution has complied is predetermined. Disparate impact is easier to prove compared to disparate treatment. While disparate impact involves focuses on discriminatory consequences, disparate treatment looks at discriminatory intent. One would, therefore, suppose that it is easier to establish the consequences of discrimination than to establish the intention of discrimination. Proof of discriminatory motive does not, therefore, is not part of the disparate-impact theory. This implies that establishing the consequences of discrimination within an institution does not involve the contributions of an institution’s management as it is the case with establishing the motive behind discrimination. The employment-at-will doctrine refers to the common rule that an employment contract with no defined duration can be terminated by either the employer or the employee at any time without the party terminating the contract having to provide good reasons for doing so. This doctrine goes against the â€Å"good will† requirement advocated by employee unions. Unlike the at-will doctrine, the good will requirement supposes that employers need to demonstrate that it is for a good cause that they intend to terminate an employee’s

Friday, November 1, 2019

Leadership credibility Essay Example | Topics and Well Written Essays - 750 words

Leadership credibility - Essay Example An overview of the four characteristics described in Kouzes and Posner Being honest This is the first among the characteristic of effective leadership as described by in Kouzes and Posner, which requires that a leader should always be truthful (Kouzes & Posner, 2012). According to Kouzes and Posner, leadership is all about relationships, and no one can possibly do it alone. Therefore, it requires the ability to inspire others to take up the challenge of realizing a common goal that an organization or a group of people have set to achieve. However, without being honest and truthful, there is no way that a leader can inspire others, because honesty does not only come in the form of acting and telling the truth, but also living the truth, demonstrated through following a set of ethical standards and principles (Kouzes & Posner, 2012). Therefore, it is through the consistency of the leader to say, to act and live what is truthful, through adhering to ethical principles and set standards, that motivates the other subordinates within the organization to join in the challenge of achieving what the organization has set to achieve. Forward-Looking This fundamental principle of great leadership provides that leaders must have a vision for the organization that they lead, but most importantly is that the vision should be well aligned with the aspirations of the organizational stakeholders (Kouzes & Posner, 2012).... on, and this way, makes it easy for the people to rally behind the leader, simply because they all know the direction they, and the organization is headed (Kouzes & Posner, 2012). Inspiring Maintaining a positive attitude has always been the fundamental principal of achieving, on the face of numerous existing challenges (Kouzes & Posner, 2012). Therefore, the only way through which an organization can succeed is through having employees and a management team that shares a positive attitude, which then gives them a commitment to continue striving towards realizing the future objectives of an organization. Motivation, therefore, forms the basis of good leadership, where great leadership does not seek to castigate the subordinates or continuously point at their weakness and failures, but on the contrary, it entails seeking for their areas of strength and motivating them to enhance it, with genuineness and interest in their positive achievement (Kouzes & Posner, 2012). A great leader alw ays shares the excitement of future organizational possibilities, and then shares the excitement with the team that works through him/her, through motivating them to put on a positive attitude and brace to overcome all obstacles towards realizing the organizational vision. Competent The greatest achievement that any leader can ever have is the ability to get things done. How better then it is, to have things done, through instilling a positive attitude on the team that works towards realizing the set objectives (Kouzes & Posner, 2012). Therefore, competency is an essential characteristic of any great leader, since it entails the application of both leadership and behavioral skills, to rally the workforce behind an established organizational course, and motivate them towards realizing the