Being Bilingual Essay Example for Free

Being Bilingual Essay The world has become a little town. Individuals from various nations speak with one another every day. In this way, the requirement for bilingualism has gotten dire for a few reasons, for example, movement, having guardians who communicate in an alternate language or concentrating in a universal school. Actually, communicating in two dialects can assist us with showing signs of improvement openings for work and open up our psyche. Initially, being bilingual can assist you with having a great job without any problem. These days, it is probably the most elevated need that you communicate in more than one language. For instance, the greater part of the worldwide banks demand their representatives to be bilingual. Additionally, it is improves our life and offer us great job openings. With everything taken into account, one who communicates in two dialects gets numerous advantages throughout his life. Also, communicating in two dialects can open up our brains to new encounters and new societies. For instance, we can appreciate available time by perusing books that have been written in various dialects and watching narratives and projects about various societies. In addition, when we travel, we get the opportunity to get individuals and their jokes, remarks and discussion, which makes our stay in a remote nation increasingly pleasant and noteworthy. All the above explanations behind knowing another culture, it is customs and history, empowers us to discuss successfully with individuals from better places. Taking everything into account, it is Necessary to be bilingual to lead an increasingly agreeable and important life. Numerous fortunate individuals don't decide to be bilingual since they are conceived in a family that communicates in various dialects. Their bilingual condition opens numerous entryways for them. It is likewise empower them to be increasingly effective.

Sensory adaptation Essay Example

Tactile adjustment Essay Example Tactile adjustment Paper Tactile adjustment Paper Conduct lays on a comprehension of the organic premise of the sensory system †the receptors. Endeavors ought to be made to comprehend the relations among upgrades and sense organs and the procedures related with sense organs and their connectors, just as the particular information called discernment (Atkinson et al., 2000). While an individual gets his data about his general surroundings from his sense organs, his translation of these boosts impinging on his detects will rely upon his discernment (Coren and Ward, 1989). Tactile adjustment is any decrease in affectability to boost as incitement continues through time. Sense organs have the ability to adjust to upgrade when such improvement perseveres for a serious time (Coren and Ward, 1989; Atkinson et al., 2000). Tangible adjustment influences the entirety of the individual’s detecting regions. For instance in visual adjustment, this is because of the distinction in the activity between the poles and the cones. Following five minutes in obscurity, for example, the affectability of the cones diminishes. The bars proceed to adjust and progressively become increasingly delicate. Thus after around thirty minutes, one can separate things obviously in obscurity. In the wake of originating from a dim cinema, one may briefly be blinded by the glare of the light from outside. Adjustment to light takes shorter than adjustment to the dim. Adjustment to light is called photopia while adjustment to dim is called scotopia (Andreassi, 1989; Atkinson et al., 2000). Hypotheses of shading vision incorporate the Young Helmholtz hypothesis which envelops the Three-fiber hypothesis and the hypothesis of photograph synthetic substances. Another is the Hering hypothesis which is additionally called Opponent-hues hypothesis, Wundt’s hypothesis, the Von Kries hypothesis and the Ladd-Franklin hypothesis which help clarify the visual wonder. The Young Helmholtz hypothesis accepted that hues are nevertheless the aftereffect of joining three basic or essential hues †red, blue and green. Youthful accepted the presence of three various types of apprehensive filaments in the retina that respond explicitly to these hues with their relating preceptors in the mind place. This hypothesis was additionally evolved by Ludwig von Hemholtz. This was later updated to the hypothesis of photograph synthetic substances (Andreassi, 1989). Then again, in the sound-related marvels, a few hypotheses help clarify how this happens. Commotion for example, as per the Place hypothesis of pitch, is related with spread of excitation †a progressively extreme upgrade influencing a greater amount of the basilar film than a more fragile one (Andreassi, 1989). In the olfactory sense angle, not all gases respond with the organ of smell to set up vibe of scent †henceforth, just those gases that do respond are called smells or scents. The more grounded the impression of scent, the more foul gases comes into contact with the organ of smell. Consequently, one needs to take a major sniff all together that the scents can enter up to the olfactory epithelium (Coren and Ward, 1989). While the feeling of smell is exceptionally evolved in creatures, it is moderately somewhat evolved in individuals (Coren and Ward, 1989).

College Entry Essay Topics That You May Have Expected

College Entry Essay Topics That You May Have ExpectedThere are several different college entry essay topics that students may choose from. Some of these are familiar to a majority of students, while others are new and exciting. Regardless of the essay topic you choose, you should be sure to study up on the topic thoroughly before writing your college essay.Of course, you will want to choose an essay topic that will be very similar to what you already know about. That is the reason why you should familiarize yourself with the theme of the college entrance essay. For example, if you are going to be a history major, you may not want to write about a different type of history class. On the other hand, if you want to write about astronomy, you can do so.The truth is, students should write their college entrance essay on a topic that they are interested in. Of course, you should also prepare a list of tips that will be useful for them when writing their college essay. As mentioned earlier, some of the tips for writing a college essay may seem like common sense. Others may need a little more explanation.For example, writing a research paper requires some research. You will need to find a reliable source for the data that you will use for your college essay. You can learn about research tips from professional writers and educators. They can help you understand the basics of how research works.Writing a college entrance essay is not easy. However, you should not worry if it does seem difficult. Remember that your goal is to pass the test, not to write a great college essay. You should focus on the specific requirements that are important for passing the essay test.Furthermore, you should realize that this is not the type of writing that you will be doing all the time. You will be taking this college entry essay test once. You should not try to be a highly skilled writer after that. Instead, you should concentrate on preparing yourself for the essay tests that you will h ave to take periodically throughout your college career.Keep in mind that the College Board has plenty of college entrance essay topics available to students. If you do not believe that you will be comfortable writing about a certain topic, you should consider taking a few practice tests. You should expect to spend around an hour per test. This will help you get used to the types of essay topics that you will be expected to write as well as what you should be writing about in your essay.The truth is, the College Board is willing to spend money and effort so that students who are thinking about taking the college entrance essay will be able to pass the test. This is a method that is completely open for anyone who wants to get into college. When writing the college entrance essay, you should take the time to prepare yourself.

Utilitarianism The Greatest Happiness Principle

Utilitarianism is best referred to as the â€Å"Greatest Happiness Principle.† This means that when one considers himself as a utilitarian, he believes it is only right to judge the rightness or wrongness of an action based on the consequences. In other words, â€Å"actions are considered moral when they promote utility and immoral when they promote the reverse† (Nubcaek 2011). The principle of utility helps to capture an idea of the good is that which produces the greatest benefit, greatest advantage, or the satisfaction of the interest to the greatest number of people who are directly related to the action being considered. This utilitarian principle is supposed to be absolute and it will tell you for any decision whatsoever exactly what you†¦show more content†¦(Driver 2014) He trusted that because God wants the happiness of mankind and since God’s will gives us the criterion of virtue, â€Å"†¦the happiness of mankind may be said to be the criterion of virtue, but once removed† (Driver 2014). However, these approach’s do not produce a full explanation of utilitarianism to be able to fully understand the theory. In particular, how does one understand what is meant when the term â€Å"good† is being used? What determines the correct definition of the term? This is where two of the classical developers of Utilitarianism come in play. According to Jeremy Bentham (1748-1832) and John Stuart Mill (1806-1873), the term â€Å"good† is equal to pleasure. These two men both had the desire and motivation to change useless, corrupt laws and social practices, and that’s what brought these two together. Mill states: The creed which accepts as the foundation of morals, Utility, or the Greatest Happiness Principle, holds that actions are right in proportion as they tend to promote happiness, wrong as they tend to produce the reverse of happiness. By happiness is intended pleasure, and the absence of pain; by unhappiness, pain, and the privation of pleasure. To give a clear view of the moral standard set up by the theory, much more requires to be said; in particular, what things it includes in the ideas of pain and pleasure; and to what extent this is left an openShow MoreRelatedUtilitarianism, Or The Greatest Happiness Principle1407 Words   |  6 PagesUtilitarianism, or the Greatest Happiness Principle, states that the morality of an action should be judged based on the extent to which it produces happiness, or the opposite of happiness—an action is good as long as the result is happiness, and deemed bad if it results in pain. A clearer understanding of what Utilitarianism is can be gain ed by John Stuart Mill’s characterization of what it is not. He states, â€Å"I believe that the very imperfect notion ordinarily formed of its meaning, is the chiefRead MoreUtilitarianism : The Greatest Happiness Principle1176 Words   |  5 PagesUtilitarianism John S. Mill describes utilitarianism, also known as â€Å"The greatest happiness principle†, as a philosophical theory of morality. This theory is focused on the end result (a consequential theory) rather than the motive behind it. It argues that the morality of the action is solely dependent on the action’s results. The action is morally ethical as long as it produces the greatest happiness for the majority of people involved. Mill mentions, â€Å"†¦ the greatest happiness principle holdsRead MoreEssay about Utilitarianism: The Greatest Happiness Principle528 Words   |  3 PagesUtilitarianism was first brought up along the nourishing of â€Å"The Greatest Happiness Principle† introduced by Jeremy Bentham and further developed by John Stuart Mill, who was a follower of Bentham (Sweet, 2013). Based upon its principle, Utilitarianism states that to be good is to generate the greatest possible amount of happiness for the greatest number. In contrast with rational egoism, Utilitarianism focuses more on maximizing the overall net happiness of the majority. When facing a decision toRead MoreUtilitarianism : A Workable Moral Theory? Why Or Why Not?958 Words   |  4 PagesUtilitarianism: A Workable Moral Theory? Why or Why Not? Utilitarianism is one of the most commonly used ethical theories from the time it was formulated by Jeremy Bentham and John Stewart Mill in the nineteenth century. In his work, Utilitarianism, Bentham â€Å"sought to dispel misconceptions that morality has nothing to do with usefulness or utility or that morality is opposed to pleasure† (MacKinnon, 2012, p. 53). To simplify the utilitarian principle, which is one of utilityRead MoreArguments Against Utilitarianism1450 Words   |  6 PagesAs a philosophical approach, utilitarianism generally focuses on the principle of â€Å"greatest happiness†. According to the greatest happiness principle, actions that promote overall happiness and pleasure are considered as right practices. Moreover, to Mill, actions which enhance happiness are morally right, on the other hand, actions that produce undesirable and unhappy outcomes are considered as morally wrong. From this point of view we can deduct that ut ilitarianism assign us moral duties and varietyRead MoreJohn Stuart Mill Is Considered One Of The Most Influential1099 Words   |  5 Pagesphysiological following of utilitarianism. Utilitarianism in a nutshell, is the ethical philosophy in which the needs of the highest number of people in a society over the needs of the lowest number of people is considered the ultimate choice. Mill’s interpretation of utilitarianism is that everything that is desirable is desired because of the pleasure they provide or because they help reduce pain. This interpretation would be later referred as the â€Å"Greatest Happiness Principle†. Today, there is muchRead MoreConsequentialism And Its Effects On The Greatest Happiness Principle1527 Words   |  7 Pagesmovie: enjoying the movie. Utilitarianism is a form of Consequentialism based on the Greatest Happiness Principle. This principle states that actions are right in proportion as they promote happiness and wrong in proportion as they tend to produce the reverse of happiness. Utilitarians apply this principle in their belief that one should consider every possible action they may take and choose the one that produces the greatest overall happiness in the world. Utilitarianism is different than ConsequentialismRead MoreThe Concept Of Utilitarianism And Utilitarianism1216 Words   |  5 Pagessatisfaction. Combining the subjects of torture and utilitarianism can cause a large moral dilemma. I believe that torture can be justified by the utilitarian principle, and the example given is acceptable. Yet, I believe that the concept of utilitarianism is idealistic but not realistic. Often related to utilitarianism is the term, hedonism. Utilitarianism is considered to be a type of hedonism. Utilitarianism is all about creating the greatest amount of happiness for the majority of people (Geninet,2015)Read MoreUtilitarianism, By John Stuart Mill1365 Words   |  6 Pages In John Stuart Mill’s book Utilitarianism, he argues for the defense of utilitarianism, an age old theory originally developed by Jeremy Bentham that states the proper course of action is the one that maximizes happiness. The course of action that maximizes general happiness is also the only true standard for moral assessment. Mill also introduces the idea of ‘first principle’ which states that it is not acceptable for individuals to characterize actions as either ‘good’ or ‘bad’, because it isRead MoreEssay on Utilitarianism1031 Words   |  5 PagesUtilitarianism Utilitarianism is mainly associated with the principle of Utility summarised by Jeremy Bentham, a social reformer, in 1768. This principle was to apply ‘the greatest good of the greatest number’ theory to all situations that may arise. This theory was that which is good is the act which provides the greatest Utilitarianism The Greatest Happiness Principle Utilitarianism John S. Mill describes utilitarianism, also known as â€Å"The greatest happiness principle†, as a philosophical theory of morality. This theory is focused on the end result (a consequential theory) rather than the motive behind it. It argues that the morality of the action is solely dependent on the action’s results. The action is morally ethical as long as it produces the greatest happiness for the majority of people involved. Mill mentions, â€Å"†¦ the greatest happiness principle holds that actions are right in proportion as they tend to promote happiness†¦Ã¢â‚¬  (Mill7). Then if it does, in fact, bring happiness the action is considered to be right. Mill focuses on consequences of actions and not on ethical sentiments. There are two major types of Utilitarianism: act utilitarians perform the action that will create the greatest net utility while rule utilitarians evaluate the rules and then evaluate individual actions by seeing if they obey those rules whose agreement will produce the most utility. Dr. Ethos response to the dilemma as an Act Utilitarian (AU): Dr. Ethos would have to decide what is the right thing to do, he should consider the available options (i.e. what actions could he perform), predict their outcomes, and approve of the action that will produce the most good to the greatest amount of people. As an Act Utilitarian, he would be morally obligated to kill the healthy grumpy man in order to use his organs to save the lives of the other ten. He wouldShow MoreRelatedUtilitarianism, Or The Greatest Happiness Principle1407 Words   |  6 PagesUtilitarianism, or the Greatest Happiness Principle, states that the morality of an action should be judged based on the extent to which it produces happiness, or the opposite of happiness—an action is good as long as the result is happiness, and deemed bad if it results in pain. A clearer understanding of what Utilitarianism is can be gained by John Stuart Mill’s characterization of what it is not. He states, â €Å"I believe that the very imperfect notion ordinarily formed of its meaning, is the chiefRead MoreUtilitarianism : The Greatest Happiness Principle1574 Words   |  7 PagesUtilitarianism is best referred to as the â€Å"Greatest Happiness Principle.† This means that when one considers himself as a utilitarian, he believes it is only right to judge the rightness or wrongness of an action based on the consequences. In other words, â€Å"actions are considered moral when they promote utility and immoral when they promote the reverse† (Nubcaek 2011). The principle of utility helps to capture an idea of the good is that which produces the greatest benefit, greatest advantage, orRead MoreEssay about Utilitarianism: The Greatest Happiness Principle528 Words   |  3 PagesUtilitarianism was first brought up along the nourishing of â€Å"The Greatest Happiness Principle† introduced by Jeremy Bentham and further developed by John Stuart Mill, who was a follower of Bentham (Sweet, 2013). Based upon its principle, Utilitarianism states that to be good is to generate the greatest possible amount of happiness for the greatest number. In contrast with rational egoism, Utilitarianism focuses more on maximizing the overall net happiness of the majority. When facing a decision toRead MoreUtilitarianism : A Workable Moral Theory? Why Or Why Not?958 Words   |  4 PagesUtilitarianism: A Workable Moral Theory? Why or Why Not? Utilitarianism is one of the most commonly used ethical theories from the time it was formulated by Jeremy Bentham and John Stewart Mill in the nineteenth century. In his work, Utilitarianism, Bentham â€Å"sought to dispel misconceptions that morality has nothing to do with usefulness or utility or that morality is opposed to pleasure† (MacKinnon, 2012, p. 53). To simplify the utilitarian principle, which is one of utilityRead MoreArguments Against Utilitarianism1450 Words   |  6 PagesAs a philosophical approach, utilitarianism generally focuses on the principle of â€Å"greatest happiness†. According to the greatest happiness principle, actions that promote overall happiness and pleasure are considered as right practices. Moreover, to Mill, actions which enhance happiness are morally right, on the other hand, actions that produce undesirable and unhappy outcomes are considered as morally wrong. From this point of view we can deduct that ut ilitarianism assign us moral duties and varietyRead MoreJohn Stuart Mill Is Considered One Of The Most Influential1099 Words   |  5 Pagesphysiological following of utilitarianism. Utilitarianism in a nutshell, is the ethical philosophy in which the needs of the highest number of people in a society over the needs of the lowest number of people is considered the ultimate choice. Mill’s interpretation of utilitarianism is that everything that is desirable is desired because of the pleasure they provide or because they help reduce pain. This interpretation would be later referred as the â€Å"Greatest Happiness Principle†. Today, there is muchRead MoreConsequentialism And Its Effects On The Greatest Happiness Principle1527 Words   |  7 Pagesmovie: enjoying the movie. Utilitarianism is a form of Consequentialism based on the Greatest Happiness Principle. This principle states that actions are right in proportion as they promote happiness and wrong in proportion as they tend to produce the reverse of happiness. Utilitarians apply this principle in their belief that one should consider every possible action they may take and choose the one that produces the greatest overall happiness in the world. Utilitarianism is different than ConsequentialismRead MoreThe Concept Of Utilitarianism And Utilitarianism1216 Words   |  5 Pagessatisfaction. Combining the subjects of torture and utilitarianism can cause a large moral dilemma. I believe that torture can be justified by the utilitarian principle, and the example given is acceptable. Yet, I believe that the concept of utilitarianism is idealistic but not realistic. Often related to utilitarianism is the term, hedonism. Utilitarianism is considered to be a type of hedonism. Utilitarianism is all about creating the greatest amount of happiness for the majority of people (Geninet,2015)Read MoreUtilitarianism, By John Stuart Mill1365 Words   |  6 Pages In John Stuart Mill’s book Utilitarianism, he argues for the defense of utilitarianism, an age old theory originally developed by Jeremy Bentham that states the proper course of action is the one that maximizes happiness. The course of action that maximizes general happiness is also the only true standard for moral assessment. Mill also introduces the idea of ‘first principle’ which states that it is not acceptable for individuals to characterize actions as either ‘good’ or ‘bad’, because it isRead MoreEssay on Utilitarianism1031 Words   |  5 PagesUtilitarianism Utilitarianism is mainly associated with the principle of Utility summarised by Jeremy Bentham, a social reformer, in 1768. This principle was to apply ‘the greatest good of the greatest number’ theory to all situations that may arise. This theory was that which is good is the act which provides the greatest

Francis Bacon s Philosophy On Science - 863 Words

Francis Bacon In this context of a philosophical essay, the focus shall be on the major philosophies, Francis Bacon developed upon exposure and interests in the various field. He was a philosopher whose origin was from England and throughout his life he sought to find answers to various issues relative to his character of being a man of high ambitions like attaining high political positions just like his father (Hammer, 74). His passion for philosophy has over the decades and centuries found its ways to the hearts and blossoms of philosophy scholars and publications. He developed philosophies that circled around nature, science and religion through his brilliant and most excruciating work of art of designing an effective method of learning, that is, the inductive learning methodology and a well-structured proposal of learning curriculum as is discussed below. Bacon’s philosophy on renaissance has been stated on a different and elaborate way of perspectives and discussions. Bacon is reported to have discussed the major discoveries and theories based on the religion and science to have not been developed on a realistic approach (Robertson, 23). Relative to renaissance, Bacon tried to mean that these theories were only based on the past and not the present and the future and that Aristotle and others should have established common principles to curb the diverse and contrasting information published in books, journals and other reading materials. He further documented that it isShow MoreRelatedFrancis Bacon : Pioneering Scientific Philosophy1513 Words   |  7 PagesFrancis Bacon: Pioneering Scientific Philosophy Francis Bacon demonstrated true brilliance in a time where people were finally starting to be curious about the world. His life, the late 1500s and early 1600s, was a time where previous scientific discoveries were being reformed and new discoveries were being introduced. Francis Bacon, a visionary for his time, was submersed in many events and influenced by many people, which in return allowed Bacon to produce some of his greatest theories and notionsRead MoreIn What Ways Are Descartes and Bacon Alike?672 Words   |  3 PagesDescartes and Bacon Alike? remember footnotes and don’t include first 1 on numbered pages There are many aspects of Rene Descartes’ and Francis Bacon’s practices of approaching the scientific method. When comparing the two scientists, it is clear that there are many similarities. In an effort to compare Rene’ Descartes and Francis Bacon it is important to discover the pioneer’s investigations and philosophies. Both credited with the evolution from Aristotelian discovery to modern science, DescartesRead More Culture and Information - Sir Francis Bacon Essay examples998 Words   |  4 PagesCulture and Information - Sir Francis Bacon Sir Francis Bacon was the grand architect of a perspective on reality so revolutionary that the human mind has yet to break its mold. Although he was neither an accomplished scientist nor a prodigious mathematician, Bacon is accredited with the creation of the philosophy of science and the scientific method, and he so effectively reapplied the notion of inductive reasoning that he is often considered its father. Bacon was the first to embark on the pursuitRead MoreBacon : Why Humans Are Far From Perfect Essay1387 Words   |  6 PagesBacon: Why Humans are Far from Perfect The 17th century English philosopher, Francis Bacon, helped revolutionize the scientific community with the inductive and eliminative methods based on skepticism, but these were far from his only influential scientific contributions. In one his most influential works, â€Å"Novum Organum,† Bacon poses the idea of the The Four Idols.† â€Å"Idols as Bacon defines them, refer to an illusion, rather than a hero or idol in the sense of a role model. These banes of humanRead MoreFrancis Bacon and Rene Descartes2288 Words   |  10 Pages| Connections and Contrasts of Francis Bacon and Rene Descartes | | | | The Discourse on the Method of Rightly Conducting Ones Reason and of Seeking Truth in the Sciences is one of the most influential works in the history of modern philosophy, and important to the evolution of natural sciences. In this work, Descartes tackles the problem of skepticism. Descartes modified it to account for a truth he found to be incontrovertible. Descartes started his line of reasoning by doubting everythingRead MoreScience Can Not Be Defined1531 Words   |  7 Pages Science Cannot be Defined Calvin Berndt Philosophy of Science Spring 2015 05/03/2015 â€Æ' There are a multitude of conflicting theories that aim to conclude the definition of science, and all of them have underlying issues that make them inadequate in giving a definitive definition. According to Dictionary.com the current prevailing definition of science is â€Å"the systematic study of the structure and behavior of the physical and natural world through observation and experiment (Dictionary, n.dRead MoreThe Effects of the Scientific Revolution Essay1346 Words   |  6 PagesGalileo Galilei, Isaac Newton, Francis Bacon and Joseph Needham. According to some excerpts from â€Å"Why Europe?† by Jack Gladstone and â€Å"China, Technology and Change† by Lynda Norene Shaffer, the work of these notable men can be traced back to having a significant role in the scientific focus of modern society, or what we now know to be the â€Å"Scientific Revolution† of the seventeenth century. In a world where we are desperately dependent on advancements in modern science, we rarely stop to think aboutRead MoreThe Allegory Of The Cave By Plato1511 Words   |  7 PagesIn our class, we read three powerful and meaningful texts. We started by reading The Allegory of the Cave by Plato, a Greek philosopher who lived from 428-347 B.C.E. This text led to our reading of The Four Idols by Francis Bacon, an English philosopher who came much later than Plato and lived from 1562 to 1626. Lastly, we read The Word Weavers/World Makers by Neil Postman, who lived from 1931-2003. There seems to be a recurring theme in which they themselves deal with ideas of knowledge and illusionsRead MoreFrancis Bacon15624 Words   |  63 Pages  Francis Bacon: A Moralist Bacon is not a true moralist. His morality is a saleable morality. He is a moralist-cum-worldly wise man. Bacon appears as a moralist in his essays, for he preaches high moral principles and lays down valuable guidelines for human conduct. Some of his essays show him as a true lover and preacher of high ethical codes and conducts. For instance, in â€Å"Of Envy†, he puts: â€Å"A man that hath no virtue in himself, ever envieth virtue in others.† Then, in his essay â€Å"Of GoodnessRead MoreThe Mind Is An Action2001 Words   |  9 Pagescan be achieve by anyone. Ideas of one s own is a creation that can be utilized throughout history. In the present, scholars and professors utilize works from great thinkers whom put into perspective different ways to view the world that one lives in. From allegories to theories of the body, all great thinkers have a mind that is different, in which contributes to the world for further use and exploration. In depth, philosopher Plato, thinker Francis Bacon, and psychoanalyst Sigmund Freud, have all

Fossil Fuels Coal, Petroleum, And Natural Gas - 756 Words

Fossil fuels—coal, petroleum (oil), and natural gas — are concentrated organic compounds found in the Earth’s crust. They are created from the remains of plants and animals that lived millions of years ago in the form of concentrated biomass. According to the US Energy Information Administration (EIA), fossil fuels meet 81 percent of U.S. energy demand. Scattered records of the use of coal date to at least 1100 BC. By the middle Ages, small mining operations began to spread in Europe, where coal was used for forges, smithies, lime-burners, and breweries. The invention of fire bricks in the 1400s made chimneys cheap to build and helped create a home heating market for coal. Coal was firmly established as a domestic fuel in much of Europe by the 1570s, and represented the major heating source for buildings, especially in cities located far from easy access to less energy-dense biomass forms. Coal was the first of the fossil fuels to go into widespread use, displacing low-energy firewood as the leading source of fuel in the US, and triggering the country’s industrialization in the second half of the 19th century. Within a few decades, the US went from a net importer of coal (mostly from Britain) to a major exporter of the fossil fuel, a development made possible by mining the nation’s vast reserves of coal. Oil was used in architectural adhesives, ship caulks, medicines, and roads in Mesopotamia around 3000 BC. Two thousand years later, the Chinese refined crude oil for use inShow MoreRelatedDepletion of Non Renewable Resources of Energy1422 Words   |  6 PagesA  non-renewable resource  is a  natural resource  which cannot be produced, grown, generated, or used on a scale which can  sustain  its consumption rate, once depleted there is no more available for future needs. Also considered non-renewable are resources that are consumed much faster than nature can create them.  Fossil fuels  (such as  coal,  petroleum, and  natural gas), types of nuclear power (uranium) and certain  aquifers  are examples. Natural resources such as  coal,  petroleum,  oil  and  natural gas  take thousandsRead MoreFossil Fuels : The World s Primary Energy Resources1736 Words   |  7 PagesAbstract Fossil Fuels such us oil, coal, and natural gas are currently the world’s primary energy resources because they originate from living things. Formed millions of years ago from the decomposition of organic materials such as plants and animal life, it is non-renewable resources that supplied U.S. and global economic development over the past century. In fact, Fossil fuel industries mine or drill for this energy resources, burn them to provide electricity. Natural gas and oil are used whenRead MoreThe Sources Of Fossil Fuels1428 Words   |  6 PagesIV. Fossil Fuels Fossil Fuels are the natural fuels such as coal or gas found in the Earth’s crust. It is formed in the geological past from the remains of living organisms. A hydrocarbon deposit, such as oil, coal, or natural gas, derived from the accumulated remains of ancient plants and animals. Carbon dioxide and other gases were produced by burning fossil fuels are considered to be one of the principal causes of global warming. A. The origin of coal is a plentiful fossil fuel and has beenRead MoreFossil Fuel Vs. Fossil Fuels1684 Words   |  7 Pagesto form natural deposits of fossil fuels (Science Daily). There are 3 types of fossil fuels that we use today. Oil, coal, and natural gas make up the majority of our energy source. These resources have been developing in the earth’s crust for billions of years before humans came into existence. Without fossil fuels the world would not be where it is today. The purpose of this paper is to explain the fundamentals of each fossil fuel, the advantages and disadvantages of using fossil fuels as an energyRead MoreHuman Induced Climate Change : Energy Use1349 Words   |  6 Pages Human-Induced Climate Change – Energy Use Joel Hyde, Kevin Styers, and Victoria â€Å"Scout† Vitus- Dega Throughout the history of Earth, the climate has changed to varying degrees by natural causes. When the world first began, the climate was unstable and devoid of the atmosphere that we know of today. It was not until bacteria were able to fix nitrogen did the Earth begin to develop its nitrogen and eventually nitrogen-oxygen atmosphere allowing modern hominids to advance. Earth was cooler afterRead MoreFossil Fuels : The Source Of Energy1709 Words   |  7 Pagessociety fossil fuels are the primary source of energy for most of the industrialized world. Utilizing fossil fuels has been vital to the industrialization development. Throughout industrialization of many parts of the world, energy has been needed at a much higher density then before and fossil fuels have fulfilled that need. Coal, gas, and oil are the three major sources of fossil fuels in the world. Despite other means of energy, such as wind power, hydroelectric power and so on, fossil fuels are stillRead MoreEnergy Surr ounds Humanity And Underpins Modern Life Essay1368 Words   |  6 Pagesefficiently to accomplish many tasks such as generate power, and facilitate transportation. Perhaps the vast majority of the energy we obtain today originates from the burning of fossil fuels. Fossil fuels are the worlds dominate energy source. They are non-renewable resources that are formed from decayed plants and animals. Fossil fuels have a variety of applications such as powering our vehicles, heating and cooling our homes and running many appliances through production of electricity. They have poweredRead MoreFossil Fuels Are The Dominant Source Of Energy Being Used By Humans1312 Words   |  6 PagesIn today’s world, fossil fuels are the dominant source of energy being used by humans. The percentage use of this source of energy ranges from 80 to 90 percent. Fossil fuels can be used directly (e.g. gasoline) or to produce electricity. The top three fossil fuels that are used in the United States ar e coal, oil and gas. One of the problems with fossil fuels is that they are nonrenewable resources which means that they will run out. Other problems that come with it are direct pollution, air pollutionRead MoreFossil Fuels : The Global Energy Problem1352 Words   |  6 PagesAbstract For the past 100 years, fossil fuels have been the cornerstone of the world energy production. Oil is the most notable fossil fuel; however, coal and natural gas are also mainstream. Since global warming is the most important environmental problem the world faces and the cause is from greenhouse gases, many look to renewable energy resources to resolve the environment and energy crisis. The Global Energy Problem For many years, the world has been in an ongoing debate andRead MoreMethane Gas as an Alternative Source of Energy 1782 Words   |  7 Pagesthe vast majority of the consuming energy comes from nonrenewable fossil fuels, such as oil, natural gas, and coal, which threaten the damage of environment that can lead to the global warming. Therefore, it is required to find new renewable source of energy, which can entirely ensure sustainable system and provide the population with environmentally friendly, financially available and productive energy (Turner 1999). The methane gas (CH ½) is the biogas that is abundant in nature; it is also produced

Critical Analysis of Leah HealthNursing Research

Question: Write about theCritical Analysisof Leah's Healthfor Nursing Research. Answer: Introduction The WHO reported that as many nations are showing continuous advancements in combating most chronic diseases, there is a great challenge associated with abdominal obesity (Carmienke et al., 2013). Abdominal obesity presents risks to acute myocardial infarction amid adults. However, recent studies indicate that adolescents present significant values (DiCenso et al., 2014). The primary reason alludes to the environmental and genetic factors, but of late modifications in the lifestyle of most teenaged individual's records increased cases (Ford et al., 2014). Therefore, Leah a twenty-one-year-old student at an Australian university presents to the student undertaking placement at the school clinic with abdominal obesity. After engaging with Leah, the student notes that the underpinning factor to Leah's condition is a change in the social life that affects her exercise and eating habits (Richardson-Tench et al., 2016). As such, ideas in this paper seek to illustrate how Leah's personal ci rcumstances act as a barrier for application of evidence-based practices. Additionally, the article pays attention to matters research aligning with the PICO question. Further, the paper has several sections that critically analyze the works of several authors. Finally, the study will provide a succinct summary of the discussed ideas concerning the thesis statement and provide an opinion for future reference as shown below. Authorship Rogerson, Soltani Copeland., 2016; Share et al., 2015 are professors presenting with a broad field of health sciences expertise amid several universities in Australia. The authors have affiliated lectures to several institutions. Such institutions include but are not limited to "School of Exercise Science, Australian Catholic University, Melbourne, Victoria, Australia. School of Exercise Science, Australian Catholic University, Melbourne, Victoria, Australia; Murdoch Childrens Research Institute, Melbourne, Victoria, Australia." Regarding conflict of interest, the authors had different opinions on matters weight loss and the model of study employed. Rogerson, D., Soltani, H., Copeland, R. 2016 is of the opinion that structured interviews served a significant role in soliciting information from the participants. Further, the author stipulates that environmental factors played a significant role in causing abdominal obesity. On the other hand, the works of Share et al., 2015 employed a linear mixed model to study the participants. Moreover, the author is of the opinion that it was difficult to make judgments on the participants' health regarding physical activity and nutrition, but after some time it was evident that exercising and good eating habits reduced abdominal obesity. Notably, it is evident that the participants in the two study were different. In the study by Rogerson, D., Soltani, H., Copeland, R. 2016 the participants were from both genders whereas in the study by Share et al., 2015 the participa nts were all females. Research Aims According to Rogerson, D., Soltani, H., Copeland, R. 2016, the study aimed at investigating a sample of participants who were subjected to environmental factors; without alignment to clinical interventions. The works of Share et al., 2015 aimed at assessing the impact of a twelve-week multifaceted lifestyle program on cardiometabolic risks associated with abdominal obesity. First, Rogerson, D., Soltani, H., Copeland, R. 2016 employed use of semi-structured interview to assess the participants and collect data. The sampling technique used was purposive where data saturation guided the sample size. Theoretical underpinning using realist meta-theory enabled in-depth analysis of the participants' experiences and opinions. Then the data was analyzed using framework analysis. According to Share et al., 2015 employed a participatory linear model to study the group. Twenty-six women aged 18-30 years were sampled and introduced t a twelve-week lifestyle involvement program. During the progr am, cognitive behavioral therapy, biochemical, nutrition, and fitness testing were completed. The results were calculated concerning the waist-hip ratio and waist height ratio. Design Rogerson, D., Soltani, H., Copeland, R. 2016 used a problem-oriented research methodology characterized by inclusion semi-structured interviews. Theoretical underpinning using realist meta-theory served as the method to calculate and explain the results. Share et al., 2015 used a phenomenology research methodology in a twelve-week lifestyle intervention program. The study involved taking notes of the waist-height ratio and wait-hip ratio to determine the waist circumference f the abdominal obese participants. The research methodology and method remained relevant to the aims of the study according to the scholars' works. Rogerson, D., Soltani, H., Copeland, R. 2016 was able to justify the causal agent of abdominal obesity regarding environmental factors within the study group made up of eight British volunteers. The problem-oriented research approach and use of semi-structured interviews indicated the participants view regarding abdominal obesity: most of them were of the opinion that weight loss is challenging both mentally, emotionally, and physically (Greenhalgh et al., 2017). The model of Share et al., 2015 is relevant as the findings indicated the relationship between physical activity and nutrition and weight loss as being an effective mechanism in combating abdominal obesity. In the study by Rogerson, D., Soltani, H., Copeland, R. 2016 the participants were eight British volunteers of both genders aged between 30-50 years of age. The study by Share et al., 2015 had twenty-six participants aged between 18-30 years. Findings According to the works Rogerson, D., Soltani, H., Copeland, R. 2016: The results indicated that all the participants had a clue about weight loss and the risk factors associated with abdominal obesity. Further, the participants were aware of the importance of enrolling in an exercise program and the need for observing healthy eating habit. However, the results indicate that no participant was involved in a weight-loss intervention research. The conclusion asserts that cognitive, physical, emotional, and social factors were responsible for the reduced rate of exercise engagement for the participants. Therefore, rendering weight loss a challenging program. Regarding the works of Share et al., 2015: The findings indicate that there is increased rate of abdominal obesity amid adolescents. The result justified the rationale when a group made up of twenty-six women aged 18-30 years is studied. Further, the results indicate that lack of lifestyle intervention research and programs expose teens to risk factors of acute myocardial. The conclusion indicates that after the implementation of the twelve-week lifestyle intervention program the participants had reduced waist circumferences. Also, it is possible to discern that the study made use of observation skills and studied behavioral patterns amid the participants to understand their wait-list. As such, it is evident that the two studies are relevant and specific in answering the research question and justifying the study aims. Leah's Circumstances as a Barrier to Application of Evidence Leah is an outgoing person who treasures partying. Moreover, Leah is socialized within the new demographic location and deviates from attending the gym and eating healthy meals (Hoofman et al., 2013). The idea of Leah having a part time job supports her partying life. Due to self-criticism, Leah realizes that she has drastically increased weight around her abdomen. It is to such evidence that Leah seeks medical intervention from the school clinic. However, it is difficult to apply evidence lifestyle intervention to Leah since the evidence-practice calls for personal commitment from Leah (Schneider and Whitehead, 2013). Additionally, implementation of the intervention is a long-term program that will reduce her waist circumference while negatively influencing her social behavior (Ladabaum et al., 2014). Notably, research shows dealing with an alcoholic call for rehabilitation where therapeutic interventions are offered: From the literature provided, Leah is not anywhere near to resort ing to the same (Kelishadi et al., 2015). Therefore, it is difficult to implement the evidence approach due to her behavioral and social life that are more expressed than her zeal to reduce the waist circumference. Research Alignment with the PICO Question The research aims at creating awareness on the risk factors associated with abdominal obesity. Additionally, the two research studies provide platforms for the discussion on matters exercises, healthy eating, and weight loss. For instance, the works of Rogerson, D., Soltani, H., Copeland, R. 2016 indicated that most of the participants were aware of exercises and healthy eating habits as control measures to reducing abdominal obesity but none was willing to engage in the intervention research. The same is the ideas presented by the PICO question where most university students are affected by abdominal obesity due to reduced exercises and poor eating habits. Further, increased social behaviors such as partying and alcoholism are responsible for the increased cases of abdominal obesity amid university students (Smith, 2015). Conclusion To that end, it is possible to discern that abdominal obesity is health disorder that can affect anyone. However, adolescents due to their social and behavioral patterns present increased cases. For instance, Leah represents a majority of teenaged students who are affected by abdominal obesity due to poor eating habits, reduced exercises, and increased clubbing and alcoholism. Further, from the discussion above, it is evident that both environmental and genetic factors present risk factors associated with abdominal factors. Additionally, for implementation of evidence-based intervention calls for an understanding of an individuals' behavior, social patterns, cultural, and economic aspects. As such, a clinician can formulate a lifestyle intervention program that favors the victim regarding cost efficiency, personal behavior, traditional beliefs, and the social networks. Therefore, to promote recovery and well-being of persons with lived experiences of abdominal obesity, it is consider ed wise to engage clinicians, patients, and the community to support the application. Reference Carmienke, S., Freitag, M. H., Pischon, T., Schlattmann, P., Fankhaenel, T., Goebel, H., Gensichen, J. (2013). General and abdominal obesity parameters and their combination in relation to mortality: a systematic review and meta-regression analysis. European journal of clinical nutrition, 67(6), 573-585. DiCenso, A., Guyatt, G., Ciliska, D. (2014). Evidence-based nursing: A guide to clinical practice. Elsevier Health Sciences. Ford, E. S., Maynard, L. M., Li, C. (2014). Trends in mean waist circumference and abdominal obesity among US adults, 1999-2012. Jama, 312(11), 1151-1153. Greenhalgh, T.M., Bidewell, J., Crisp, E., Ambros, A., Warland, J. (2017). Understanding research methods for evidence-based practice in health care. Milton, Australia: Wiley. Hoffman, T., Bennett, S., Del Mar, C. (2013). Evidence-based practice across the health professions (2nd Ed.). Sydney, Australia: Churchill Livingstone/Elsevier. Kelishadi, R., Mirmoghtadaee, P., Najafi, H., Keikha, M. (2015). Systematic review on the association of abdominal obesity in children and adolescents with cardio-metabolic risk factors. Journal of Research in Medical Sciences, 20(3). Ladabaum, U., Mannalithara, A., Myer, P. A., Singh, G. (2014). Obesity, abdominal obesity, physical activity, and caloric intake in US adults: 1988 to 2010. The American journal of medicine, 127(8), 717-727. Richardson-Tench, M., Taylor, B., Kermode, S., Roberts, K. (2016). Inquiry in health care. South Melbourne, Australia: Cengage Learning. Rogerson, D., Soltani, H., Copeland, R. (2016). The weight-loss experience: A qualitative exploration. BMC Public Health, 16, 371, 1-12. Retrieved from: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4855339/pdf/12889_2016_Article_304 5.pdf Schneider, Z., Whitehead, D. (2013). Nursing and midwifery research: methods and appraisal for evidence-based practice. Elsevier Australia. Share, B.L., Naughton, G.A., Obert, P., Peat, J.K., Aumand, E.A., Kemp, J.G. (2015). Effects of a multi-disciplinary lifestyle intervention on cardiometabolic risk factors in young women with abdominal obesity: A randomised controlled trial. PloS One, 10(6), 1-15.Retrieved from: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4483260/pdf/pone.0130270.pdf Smith, U. (2015). Abdominal obesity: a marker of ectopic fat accumulation. The Journal of clinical investigation, 125(5), 1790-1792.

Psychological factors underlying anorexia nervosa

Apparent altruism in non-human animals Essays

Apparent altruism in non-human animals Essays Apparent altruism in non-human animals Essay Apparent altruism in non-human animals Essay Altruism can be described as an act or behavior in which is advantageous to another but at a cost to the organism carrying it out. Apparent altruism is the concept that although a behavior may seem to be fully altruistic or selfless, there is actually a benefit gained by the individual implementing the act. Charles Darwin, he who initially presented the Theory of Evolution in 1859, was bewildered about the reasons in why altruism occurs between animals. Part of his problem was that he did not have any knowledge concerning genetics. He believed that all characteristics in living organisms were solely passed on by a process of blending. He also believed that individuals lived to reproduce. Hence, if a parent, say a mother bear, were to protect her cubbased on his theory it would not benefit her in any way, as it would not increase her ability to reproduce later on. After Darwin passed away, however, many theories emerged and became the many explanations in why altruism takes place in n on-human animals. One of the great problems of Darwins theory of evolution was its incapability to justify the development of the queen bee and sterile worker bees. How could such a group evolve if its members could leave no offspring to breed the sterile worker traits? In 1963, Hamilton resolved Darwins paradox by presenting the Kin Selection Theory. His theory states that any individual that pass on genes to the future generations is performed, not only by means of their own reproductive success, but also by improving the reproductive potential of their relatives. Hamilton (1963) established the term inclusive fitness to describe the degree to which apparent altruism is shown depending on the genetic relatedness between individuals. The relatedness between a parent and a child is 1/2 (as the child will inherit half of each parents gene); siblings relatedness is 1/2, also regarded as offspring equivalents; a grandparent and a grandchild, 1/4, and so on. According to this theory, the closer the inclus ive fitness, the greater the cooperation and altruism. Kin Selection explains situations such as the reproductive altruism in social insects. Female worker bees forgo their reproduction ability to nurse queens young. By doing so, they increase their inclusive fitness by more than 1/4 (however always less than 1/2, as it would never reach to the mother-daughter point). This would seem more reasonable than if any female worker bees decided to leave the hive, reproduce on her own and in the end, losing all of her inclusive fitness to zero as a result of losing all protection, warmth and food from her hive. In 1981, Sherman observed Kin altruism between Beldings ground squirrels. It was such that close-related squirrels (such as mother-daughter, sister-sister relationships) did not show any aggressive behavior towards each other; it was even observed that they often helped each other in defending their young ones and sign alarm calls at the sight of predators, while unrelated females were observed to be highly aggressive. In North Mexico, female nurse prairie dogs feed offspring belonging to her siblings. The female prairie dogs give up resources belonging to them and provide it their siblings offspring because as they keep them fed and fit, she increases her inclusive fitness. The male prairie dogs, in the meanwhile, sit on the burrow rim and give warning barks to help others escape from predators. He, by giving these alarm signals, would not only increase his inclusive fitness (helping the females and offspring be alarmed and escape), but may also receive a reciprocal favor by others later in the future. This can be explained by another theory found by Trivers (1971) known as Reciprocal Altruism. Reciprocal altruism is the process by which an individual will perform an altruistic act towards another in exchange for the second individual returning the altruistic favor some time in the future. The end result of this exchange leaves both individuals with an increased personal fitness. Wilkinson (1984) observed altruism performed between Vampire bats. They regurgitated food for one another in hoping to build up a relationship based on mutual exchanges of favor. If ever a bat would not return a favor, the cost of being denied a meal having once cheated is very high. Trivers was aware of the possibilities, hence he indicated that reciprocal altruism would only evolve in species where individuals could recognize each other and apply punishments to those who refuse to reciprocate. The tit for tat strategy (Axelrod and Hamilton, 1981) works by each animal responding so that a cooperative behavior is followed by a cooperative behavior, and a defection is followed equally by mutual defection, as happens among bats. Sentry meerkats risks attack by giving alarm calls to others. This act will cost danger in his part, perhaps even death; however, it is assumed that the act will be reciprocated in the future. Young male baboons without mates will work together to steal a dominant males mate (Packer 1977): one baboon distracting the dominant male while the other mates. The cost to the baboon (the risk of being injured by the dominant male) is far outweighed by the genetic benefit gained by the baboon mating. However, later on, when the male, which carried out the previous altruistic act, is ready, the second baboon will return the favor by being the distraction. Mutualism, or return effects, occurs where individuals will cooperate and help one another because as a team, they can achieve more than working alone. Caraco and Wolf (1975) observed a mutual effect between lionesses; they hunt together to bring down wildebeests. Induced altruism- also referred to manipulation or social parasitism-is the act of asking for help from others and utilize it as a tactic aimed at cheating. Brood Parasitism, the laying of eggs in another birds nest, is an example of induced altruism performed by cuckoos and a number of other species (Davies and Brooke 1991). Beetle grub begs for food from the passing ant and then preys on them. Aspidontus, a fish whose appearance resembles the cleaner fish Labroides, instead of cleaning the host fish, approaches and bites into its flesh. Charles Darwin was aware that his theory of evolution contained flaws; he did not manage to understand the reasons why altruism occurred; why an individual would carry out a certain act or behavior to help others while, in the meantime, disadvantaging themselves. However, with the help from Hamilton, Trivers, Wilkinson and other researchers, we can now apply the knowledge of genetics that we possess today, and, to a certain extent, explain and justify the reasons of altruism. Research has indicated that for apparent altruism to occur, there must be something in return; compensations such as a genetic reward (increasing their inclusive fitness, key: Kin Altruism), or a long-term reward for the individual involved (personal fitness or self-interest, key: Reciprocal Altruism). But do animals always require something in return in order for them to act out a good deed? Well, there are instances in which true altruism occurs, but it is merely on a non-voluntary or mistaken basis due to som e kind of deception or manipulation (Induced Altruism) but other than that, we can pretty much assume that animals are down right selfish.

Risk and Return Relationship Essay Example | Topics and Well Written Essays - 750 words

Risk and Return Relationship - Essay Example The essay "Risk and Return Relationship" talks about the characteristics that can influence risk as the probability of losing anything of value or uncertainty of a result. This paper also analyzes the risk and return relationship which is fundamental to the potential investment decisions. The risk is an outcome of those actions which are taken regardless of uncertainty. The characteristics that can control or influence risks are as follows: Using debt: Using debt in the business increases the chances of risk bear by shareholders, but it also results in the higher rate of returns. Optimal capital structure: Making use of optimal or most favorable capital structure balances the pressure or influence of risk and maximizes the stock price of the company. Aggressive management: Risk can be influenced by the aggressive management. The aggressive managers of the firm are more prone to utilize debt in order to increase profit. The relationship between risk and return is fundamental to the investment decisions, whether assessing a sole investment or selecting between different investments. Potential investors evaluate the relationship between risk and return when they have to make a decision regarding investment in securities like bonds or shares. It has been discovered that there is a positive connection between the risk and return. The securities which are riskier provide a greater return. However, Bowman found that there is a distinct and significant negative relationship between risk and return.

Chesed & The Book of Ruth Essay Example | Topics and Well Written Essays - 500 words

Chesed & The Book of Ruth - Essay Example Chesed term also refers to the first day of God’s creation. The first day is referred to as Torah, which means the day of one. The day is associated with the creation of light. Light is a representation of goodness and loving kindness. The day signifies oneness of God. The first day accompanied all other days. The physical symbol of chesed is man’s reflection in water. Additionally, the concept of chesed is also manifest in man’s reflection of man’s heart to a man. In Hebrew, Chesed is similar to faithfulness born due to a sense of caring and mercy. The book of Ruth is characterized by Ruth. Ruth is the daughter-in-law to Naomi. After, the sons of Naomi die in Moab; Ruth insists that she must leave with Naomi to Bethlehem (Ruth 1:8-22). After, a successive journey back to Bethlehem, Judea, and Naomi orchestrates the meeting of Boaz and Ruth in eh barley field, which belonged to Boaz. Naomi took the initiative out of love and kindness for her daughter-in-law. Additionally, the plans of Naomi worked according to the plan. Naomi advised Ruth to hide until Boaz was asleep in order to lie down near his feet. After, Boaz woke up; Ruth had an easy time convincing him to marry her in order to form a oneness, chesed. Although, Boaz knew that Ruth was already seeing another man, he was willing to wait for the renouncement of Ruth by the other man before accepting Ruth’s offer (Ruth 3:1-18). The plan was in tandem with the traditions of the kinsman-redeemer. The relationship between Boaz and Ruth is sealed when Boaz is satisfied that no others man has claim over Ruth (Ruth 4:1-12). The epilogue explores Naomi’s joy and loving kindness especially when Boaz marries Ruth. Fortunately, Ruth has descendants of King David (Ruth 4:13-18). This implies that the aspect of chesed applies in all areas of life. The unity that Ruth and Naomi maintained led to the oneness between Boaz

Ethics Game Dilemmas Essay Example for Free

Ethics Game Dilemmas Essay After completing the ethics games and answering the questions regarding two different dilemma faced by the company G-BioSports, I have compiled this report to present the issues that were brought up in both scenarios. The situations were taken from the point of view of the Associate Director of Operations if the company and the goal was to enforce the company policies, keep the company safe from any lawsuits, act fairly, and come up with the best solution for all parties involved. It is well known that what is legal may or may not be ethical (Trevino, 2011). According to Loyola Marymount University, there is a three-step strategy to resolve ethical problems. Step one is to analyze the consequences, step two analyze the actions, and step three to make a decision. (Loyola, 2009) Mysterious Blogger The ethical dilemma faced by G-BioSports is that one of the employees has been posting blogs regarding company products and safety procedures. However, none of the blog posts were particularly harmful to the company. This issue is ranked one of the â€Å"ten issues raised by IT capabilities.† The issue is privacy: does information’s availability justify its use? (techrepublic.com, 2006) The subsequent issue involved an anonymous email sent by an IT employee named Jamal Moore. He bypassed company security procedures to illegally access company intranet and track blogging from a home PC, as well as sending an anonymous email to expose the blogger. After further review of all email documents, the next step was to determine what company policies had been undermined by these actions. In regards to the anonymous email sent by Jamal, company policy states that â€Å"email transmissions sent outside of our intranet raise confidentiality concerns.† As well as, â€Å"There is a legitimate concern about the security of external email.† Jamal is therefore breaking the company code of conduct for using company resources on his home computer, as well as bypassing security protocols due to his IT knowledge. Aaron also violated the company’s Confidential Information section of policy which reads, â€Å"Also, employees may not discuss the company’s business, information, or prospects in any chat room, or web log (blog), regardless of whether t hey use their own name or a pseudonym.† These policies show that Aaron’s actions violate the contractual agreement forbidding him to expose company information, even if it is for a non-threatening purpose. Both cases should result in some form of disciplinary action. In order to fairly justify the disciplinary action  performed all parties involved must be identified, ranking them from highest to lowest impact. After analyzing the effects on all people involved, diagnosing and comparing possible solutions to disciplinary measures must be tackled. The final step would be in implementing the best course of action which meets all goals and would best suite our company and its values. It was helpful when reviewing each solution, to choose an ethical perspective or lens to identify the best course of action from a non-personal standpoint. When evaluating the situation, I examined each of the different perspectives of each ethical lens and how our company’s values could be incorporated into each lens. The Rights and Responsibility lens best fit our company’s overall position on ethical issues (Trevino, 2011). Veiled ID The second ethical simulation examines different aspects of diversity and corporate ethical standards. The incident involved a former employee break-in to company premises and assaulting a current employee who was hospitalized. New security measures need to be implemented in order to prevent any future security breaches. The decision was made to create security measures that will require all employees to carry a photo ID badge to grant access into company facilities. Aisha Mullah, a valued employee for many years, has an ethical inquiry about the photo ID system. Aisha practices the Muslim faith and it is a strict religious requirement that her face must be covered at all times, including in photos. The ethical issue at hand is how to develop a security policy that protects the safety of our employees and accommodates anyone with special needs similar to hers. G-BioSports new security measures should improve employee safety as well as create a good work environment for success. The first step in the decision making process is determining the ethical issue or dilemma. In Aisha’s case, the implementation of photo ID’s for security purposes will create a problem due to her religious beliefs. G-BioSports code of ethics guidelines states, Equal Employment Opportunity and Diversity that, â€Å"Promoting diversity within our workforce is important†. It also states â€Å"G-BioSports strictly prohibits discrimination or harassment on the basis of gender, gender identity, race, color, veteran status, religion, sex, sexual orientation, age, mental, or physical disability†. After thorough evaluation of all possible ethical perspectives and issues, I believe the  relationship lens is the correct procedure to follow. This lens would tell us that because our relationship with our employees is necessary to maintain a safe, productive, and morally structured environment we need to take special needs of employees in consideration. This employee needs leniency on the security policy in order to maintain her religious views, but the rest of the company would still follow the ID policy. This way the group as a whole will benefit from the security measures and the relationship with the employee with special needs will be satisfied. Any future ethical problems that arise can be handled in a similar way and employees will feel comfortab le presenting issues they are experiencing with management. Personal Relation The ethical issues that were discussed related to my company in that many employees of my company are from different cultural backgrounds, religions, and have different sexual preferences. Discrimination is definitely something that could be a major problem with the group of individuals that work for the company but the accepting policies and procedures allow for everyone to fit in and feel comfortable. There is no need to hide anything about our personal background in order to get the job or to keep your current without being discriminated against. References Loyola Marymount University. (2009). Resolving an ethical dilemma. Retrieved from http://www.lmu.edu/Page27945.aspx Techrepublic.com. (August 15, 2006. 10 ethical issues confronting IT managers. Retrieved from http://www.techrepublic.com/article/10-ethical-issues-confronting-it-managers/6105942 Trevino, L.K. Nelson, K.A. (2011). Managing business ethics: Straight talk about how to do it right (5th ed.). Hoboken, NJ: John Wiley Sons.

Essay --

One group of people that are accused of killing the president are the Cubans. The Warren Commission found â€Å"dozens of allegations of a conspiratorial contact between Oswald and agents of the Cuban Government† but they did not find any indication showing that Cuba was a part of the murder of the president. However, conspiracy theorists often accuse Fidel Castro of organizing the murder of Kennedy in revenge for the CIA trying to kill him. Basically, the Cubans were trying to kill Kennedy because the CIA plotted to assassinate Fidel Castro all the way back to 1960. Furthermore, on separate occasions, Lyndon Johnson expressed to two major television men that he assumed Castro had prepared the president’s elimination in vengeance for the CIA's efforts to execute Castro. Finally, in 1971, Johnson told his former writer, who operated with Time Magazine, that he never believed Oswald was the lone gunman. In 1975, Clare Luce, the spouse of a Time reporter, said that on the evening of the killing, she got a call from a representative of a commando group. According to her, a man by the name of Julio Fernandez expressed to her that Oswald had communicated with his group in an effort to help kill Castro. He further claimed that he and his contacts discovered that Oswald was a communist and a follower of Castro. Finally, according to Luce, he told her that there was an assassination team that had Oswald as their gunman. Another tie to the JFK assassination was the mafia. The reason why this group stood out was because Jack Ruby, who killed Oswald, was tied to the mafia. Ruby established close ties to many Dallas police officers that visited his nightclubs. Here he entertained them with large amounts of alcohol and women. This made the officers... ...y things wrong with what the Secret Service did on the horrible day of Kennedy’s assassination. First, they testified that president Kennedy had not been given enough protection in Dallas. Second, the Secret Service had information that was not properly examined or inspected by the Secret Service connecting to the Kennedy's trip to Dallas. Finally, the Secret Service agents in the motorcade were ill equipped to shield the president from a gunman. The HSCA specifically noted that the agent in the right front seat of the president’s limousine did not engage the president when he was shot. He should have covered Kennedy’s body in this case. Furthermore, they specified that the main purpose of the agent was to remain in close vicinity to the President at all times in case of disaster. This caused controversy and sparked ideas of conspiracy that could have been involved.

Capsim Report

I. Executive Summary Erie Corporation has been founded in 2011 with the mission is to provide both reliable products for low-technology customers including Traditional and Low End segments; and premium- technology oriented customers including High End, Performance and Size segments. This business plan is written so as to provide the board of directors a detailed picture about the company’s strategies as well as the direction how we can implement these strategies. The plan consists of three parts. The first part is about the corporate objectives and strategy. In detail, at the end of year three, Erie aims to be one of the two leading companies in the market with a net profit of $10,000,000 and 25% of market shares of the whole industry. In addition, the company’s management expects to gain at least 30% of contribution margin for each product, to reduce 60% to 70% of total labor costs and 11. 8% of total material costs. Erie’s strategies are niche cost leadership and niche differentiation. In particular, while products in Traditional and Low End are oriented to operate under the niche cost leader, products in three remaining segments including High End, Performance and Size are aimed to follow the niche differentiator strategy. This is because while price is the most considerable criterion of customers in Traditional and Low End segments, this does not matter to the other three segments’ consumers as long as the products offered are premium-technology. To implement this strategy effectively, Erie should operate under the direction like this, besides revising products to meet customers’ expectation; the company set up a relatively low price for products in Traditional and Low End segments and vice versa for products in the three remaining segments. Simultaneously, the company will invest on capacity and automation gradually for all segments. This will bring to Erie a competitive advantage over other competitors in terms of long-term cost savings. In addition, maximum second shift capacity may be run as much as possible and a significant amount of money will also be spent on promotion and sales budgets so as to capture the highest possible percentage of market shares. Furthermore, Erie is willing to make losses at least in the first two years because in the remaining years of the simulation, when higher capacity and automation are ready as well as Human Resources and Total Quality Management functions are applied, Erie will become more competitive in the market and hence can make profit as the production costs will be minimized. Secondly, specific objectives, key performance indicators and strategy which are followed strictly the corporate objectives of all departments including R&D, Marketing, Production, Human Resources and Total Quality Management will be also set out. Finally, a back-up plan which might be utilized when there is trouble in the operation of the company’s products is also prepared. Under this plan, the failed product will be remained for two years instead of stopping its operation immediately so as to sell its remaining inventory and wait for the new product to be finished and could be sold to the market. Table of Contents Executive Summary 1 Introduction 4 Corporation Objectives & Strategies 4 1. Corporation Objectives 4 2. Corporation Strategies. 4 R&D Department 5 1. Objectives 5 2. KPIs. 5 3. Strategies. 5 Marketing Department 6 1. Objectives 6 2. KPIs. 6 3. Strategies. 7 Production Department 8 1. Objectives 8 2. KPIs & Strategies. 8 3. Strategies. 9 Human Resource Department 10 1. Objectives 10 2. KPIs & Strategies. 10 TQM Department 11 1. Objectives 11 2. KPIs & Strategies. 11 Finance Department 12 1. Objectives 12 2. KPIs & Strategies. 2 3. Strategies. 12 Back-up Plan 13 Conclusion 14 Reference 14 Appendix 15 II. Introduction Sensor industry is more likely an oligopoly because the products are high technological including cameras, biometric devices and labs-on-a-chip. In addition, there are only six firms dominating the market and the total demand for the whole industry remains stable which means that new firms cannot enter into the market. Furthermore, year after year, while customers’ expectations are becoming higher and higher, the products are getting older and price ranges are stricter. This indicates such a challenge for all companies in the market. A critical successful factor which can assist all companies to overcome this difficulty is that each company should choose an appropriate strategy to follow so as to succeed and become more competitive in the market. Recognizing this fact, Erie has chosen two strategies including niche cost leadership and niche differentiation that are appropriate for each types of segments. In this business plan, these strategies will be examined in depth and detailed actions of all Erie’s departments which are followed these strategies are also sketched out. III. Corporation Objectives and Strategies 1. Corporation Objectives By the end of year 3, Erie will: * Be one of the two leading companies in the sensor industry * Achieve net profit of $10,000,000 * Obtain at least 25% of market shares of the whole industry * Gain at least 30% of Contribution Margin for each product * Reduce at least 70% of the total labor costs and 11. 8% of total material costs 2. Corporation Strategies According to customers’ buying criteria of Traditional and Low End segments, prices are deemed to be the most considerable factor. In fact, respectively, the price ranges of Traditional and Low End take up approximately 23% and 53% over other criteria such as position and reliability. In other words, customers are willing to purchase low-tech products as long as their prices are relatively low. As a result, Niche Cost Leadership seems to be the most appropriate strategy for these two segments. On the other hand, prices are the most insignificant buying criterion in High End, Performance and Size segments. No matter how high the prices are, customers in these segments are more preferable to high-tech product. In particular, for the High End and Size segments, ideal position occupies 43% and products’ ideal age is 29%. Furthermore, reliability is the most important consideration to customers in Performance segment. Hence, Niche Differentiation is a proper alternative for these three segments. IV. R&D Department 1. Objectives * Meet customers’ expectations in all segments * Control R&D budgets for products in Traditional and Low End segments as low as possible * Continuously update products’ positions for High End, Performance and Size segments every year . KPIs * Keep R&D costs for in Traditional and Low End segments maximum at $1,000,000 * Invest minimum $1,500,000 for revising products in High End, Performance and Size segments 3. Strategies a. Traditional and Low End segments For these two segments, Erie decides to invest slightly and annually in performance and size while decrease the mean time before failure (MTBF) of products in year 1. After that, MTBF will be r emained stable during the first three years. | EAT| EBB| | Year 1| Year 2| Year 3| Year 1| Year 2| Year 3| Performance| 5. 7| 6. 4| 7. 1| 3| 3| 3. 2| Size| 14. 3| 13. 6| 12. 9| 17| 17| 16. 8| MTBF| 16000| 16000| 16000| 14000| 14000| 14000| Table 1: R&D investment for Traditional & Low End segment for the first three years b. High End, Performance and Size segments So as for customers to perceive the differentiation of our products in these three segments, performance, size and MTBF should exactly meet the customers’ expectations. Therefore, Erie decides not to launch the products in the first year. Since second year, when the products appear in the market, they will be revised annually in order to appeal to be younger in customers’ perception | Year 1| Year 2| Year 3| | ECHO| Performance| 8| 9. 8| 10. 7| Size| 12| 10. 2| 9. 3| MTBF| 23000| 24000| 24000| | EDGE| Performance| 9. 4| 11. 4| 12. 4| Size| 15. 5| 14. 6| 13. 9| MTBF| 25000| 27000| 27000| | EGG| Performance| 4| 5| 6. 1| Size| 11| 8. 6| 7. 6| MTBF| 19000| 20000| 20000| Table 2: R&D investment for High End, Performance and Size segment for the first three years V. Marketing Department 1. Objectives * Increase sales of 5 segments by 10% each year Increase demand over 10% each year * Reach above 25% of market shares for Traditional and Low End segments, and above 20% for High End, Performance and Size segments at the end of year 3 * Keep the sales forecast error of 5 segments fluctuate between 5% – 10% during three years 2. KPIs * Keep the price of products of Traditional and Low End segments lower than the av erage price of their price ranges; the ones of High End, Performance and Size higher than the average price * Remain the same prices of all products for the first three years, then slightly decrease all prices from $0. to $1 after year 3 * Maintain customer awareness and accessibility of 5 segments from 95% to 100% * Keep the forecast errors for 5 segments not higher than 200,000 units for Traditional and Low End segments; 50,000 units for High End, Performance and Size segments every year 3. Strategies a. Pricing Strategies * Traditional & Low End In a product life cycle, the introduction stage starts when development is complete and ends when sales indicate that target customers widely accept the products. The marketing strategies are ‘fully implemented during the introduction and should be tightly integrated with the company’s competitive advantages and strategic focus’ (Ferrell & Hartline, p210, 2008). Therefore, during the first three years, in light of cost leadership strategy, Traditional and Low End segments will be followed the penetration pricing approach, which is setting relatively low initial prices, so as to maximize sales, gain widespread market acceptance, and capture large market shares quickly. It means that, in order to comply with the low cost strategy, the prices of the segments are set below the average of their price ranges. In particular, the price of Eat, which dominates Traditional segment, is established at $21. 5 per unit compared to $25 of the average price, whereas the one of Ebb, which takes up majority of sales of Low End segment, is set at $18 compared to $20. (Refer to appendix 1b: Pricing Forecast for further details) This approach is suitable for these two segments because of two main reasons. The first reason is that the segments’ customers are price sensitive since prices outweigh such other elements as ideal position and reliability. The other one is due to the fact that R&D expenses are relatively low as customers do not pay much attention on the segments’ characteristics. * High End, Performance & Size Unlike to Traditional and Low End segments, High End, Performance and Size segments are pursued differentiation strategy; hence, price skimming approach seems to be an appropriate alternative. The rationale behind price skimming is to intentionally set high prices relative to competitors, thereby skimming the profits of the top of the market, recovering the high R&D and marketing expenses associated with developing new products. In other words, the prices of these three segments will be set above the average of price ranges and should be, at least, obtain the contribution margins of 30%. In detail, the prices of Echo, Edge and Egg is respectively set at $39, $34. 5 and $34. 5 for High End, Performance and Size segments compared to the average prices of $35, $30 and $30 of each price ranges. Refer to appendix 1b: Pricing Forecast for further details) b. Promotion and Sales Strategies Percentage of products’ awareness and accessibility, which reflect the number of customers who know the existence of a company’s products, and who can easily interact with the company, are determined respectively by each product’s promotion and sales budgets. In order to in crease demand up to 10%, our company, therefore, initially invests $3,000,000 in promotion budgets during the first two year, and $2,200,000 in sales budget of Eat and Ebb during three years because customer accessibility requires long time investment to achieve 100%. Since year 3, when customer awareness achieves over 100%, the investment in the promotion budgets will be scaled back to $1,500,000. For Echo, Edge and Egg, since they will be launched in the second year, there are only $1,500,000 invested in promotion budgets, and around $1,100,000 to $1,500,000 spent in sales budgets in the first year. However, when they are ready for sales, their promotion budgets will be increased up to $3,000,000, whereas their sales budgets will be invested up to $2,200,000 in the second year so as to encourage customers’ demand. (Refer to appendix 1d: Promotion and Sales Budgets for further details) VI. Production Department 1. Objectives: * Achieve a proper plant utilization * Control production costs effectively 2. KPIs By the end of year three, Production manager aims to: * Keep plant utilization ratio from 90% to 130% to minimize machine downtime cost and expensive 2nd shift charge * Decrease labor costs for all segments by 60% to 70% * Maintain overtime ratio at 0% * Minimize inventory carrying costs at maximum 25% of total production per year 3. Strategies a. Automation Due to the fact that each rate of automation will decrease labor costs by 10%, Erie will increase automation in all segments. Even though the costs of automation are high, this is such a short-term aspect. In long-term, the improvement in automation will bring a greater benefit because costs spent on automation just incurred once while the reduction in labor costs is annual. Therefore, Erie plans to raise automation rating for all segments so as to achieve rate at 7 for Ebb and 6 for all other segments in year 3 as set out in table below: | Year 1| Year 2| Year 3| Eat| +1| -| +1| Ebb| +2| -| -| Echo| +1| -| +2| Edge| +2| -| +1| Egg| +2| -| +1| Table 3: Production investment in automation level for 5segments the first three years b. Capacity Using an efficient amount of capacity can help the company to achieve economic of scale as well as to be consistent with the pricing strategy as set out by Marketing department. Furthermore, in order to satisfy higher demands as well as to follow sales forecasts of Marketing department, production manager plans to buy 600 units for Ebb; 300 units for each of Edge and Egg in year two. After that, in year three, 500 units of capacity will be purchased for Eat and Ebb. This will also help Erie achieve plant utilization ratio objective as mentioned above. | Year 1| Year 2| Year 3| Eat| -| -| 500| Ebb| -| 600| 500| Echo| -| -| -| Edge| -| 300| -| Egg| -| 300| -| Table 4: Production investment in capacity for 5segments the first three years Additionally, in case that there is a restriction for purchasing capacity like limitation in the maximum investment or unexpected increase in sales, second shift of capacity will be utilized as much as possible to maximize sales. At the same time, using second shift workers will also be chosen instead of first shift workers with overtime. The main reason is that while second shift workers are paid the same wage rate of addition 50% as first shift workers work on overtime, second shift ones are more efficient as they are not as tired. Moreover, the employee turnover rate is lower which can help Erie to keep talent workers and reduces future recruiting costs. Relying on second shift workers, Erie will also achieve its goal which is to keep overtime ratio at 0%. VII. HUMAN RESOURCE DEPARTMENT 1. Objectives The department intends to: * Increase Productivity Index by 5% * Lower Turnover Rate to 7. 5% in year 3 2. KPIs and Strategies: Erie plans to invest $4 million for Recruiting Spend and 40 training hours in both year 2 and 3 in order to support Production department reducing labor cost. However, 5% turnover rate is unavoidable annually because of retirement, relocation and weeding out poor workers. | Year 2| Year 3| Recruiting Spend ($000)| $ 4,000| $4,000| Training Hours| 40| 40| Table 4: HR investment in recruiting and training for workers the first three years VIII. TQM DEPARTMENT 1. Objectives By the end of year 3, Erie proposes to: * Reduce material costs by 11. 8%, labor costs by 14% and administrative costs by 60% * Shorten the length of time required for R&D projects to complete by 40% * Increase demand by 14. 4% for the product line 2. KPIs and Strategies For each initiative, Erie is planning to invest $1,500,000 in a 3 year cycle. In particular, in year 3, 4, 6 and 7, $1,500,000 will be invested in each initiative; while in year 5 and 8, there is only $1,000,000 budgeted for each initiative. The firm chooses an investment of $1,500,000 because expenditures beyond $ 4 million over 2 or 3 years in each initiative will lead to the diminishing returns. | Year 3| Year 4| Year 5| | Year 6| Year 7| Year 8| Process Management Budgets| | CPI Systems| $1,500,000| $1,500,000| $1,000,000| Vendor/JIT| $1,500,000| $1,500,000| $1,000,000| Quality Initiative Training| $1,500,000| $1,500,000| $1,000,000| Channel Support Systems| $1,500,000| $1,500,000| $1,000,000| Concurrent Engineering| $1,500,000| $1,500,000| $1,000,000| UNEP Green Programs| $1,500,000| $1,500,000| $1,000,000| | TQM Budgets | | Benchmarking| $1,500,000| $1,500,000| $1,000,000| Quality Function Deployment Effort| $1,500,000| $1,500,000| $1,000,000| CCE/6 Sigma Training| $1,500,000| $1,500,000| $1,000,000| GEMI TQEM Sustainability Initiatives| $1,500,000| $1,500,000| $1,000,000| Table 5: TQM investment in each initiative during 8 years IX. Finance Department 1. Objective By the end of year three: Avoid emergency loan * Achieve the cumulative profit between $15,000,000 to $20,000,000 * Utilize debt in investment effectively 2. KPIS * Maintain the leverage between 1. 8 to 2. 8 * Achieve the ROE ratios between 15% to 25% * Maintain closing cash position at around $12,000,000 to $15,000,000 each year * Maintain working capital day from 30 to 90 days 3. Stra tegies a. Emergency loan: In order to finance the maximum investment in the capacity and automation of the first three years, the highest amount of stocks and bonds will be issued in year 1 and continue to be considered issuing since year 2 in case of cash shortage. In addition, to sustain the loss in the first two years for capturing the market shares, a maximum amount of current debt will be borrowed in the first year. This in turn could avoid a 7. 5% of penalty for the emergency loan. After that, our company will continue to borrow a sufficient amount of current debt with the purpose to maintain our cash position at around 12,000,000 to $15,000,000. Besides, the credit for account receivable is set at 30 days so as to have a sufficient amount of cash to avoid emergency loan. b. Leverage The purpose of maintaining the leverage ratio is not to use too much retain earnings for funding the growth and avoiding a high amount of debt which can lead our company to a financial risk because of a significant amount of interest expense. In order to keep an appropriate leverage ratio, the total amount of debt will only be considered in the worst case. However, if the leverage is too high, the production investment needs to be scaled back. c. Cumulative profit So as to achieve the above expected cumulative profit, firstly, the day of working capital needs concerning and maintaining from 30 to 90 days. This in turn can protect our company from a risky position if problems occur as well as help us achieve a higher productive rate. Secondly, the expenditure for HR and TQM will be carefully calculated. Finally, the account payable policy is set at 30 days which will minimize significantly suppliers’ material withholding. Hence, our company’s profit can be improved in case of stock out because of lacking materials. X. Back-up plan Most companies have to confront with several unexpected and difficult situations during operating period. One of these difficulties could be that some companies might collapse as losing their ability to continue to compete with other competitors in some products. The reason for this would be that they no longer make enough sales to cover costs which lead to a decrease in market shares and an extreme financial loss as well. Therefore, in order to avoid this situation, Erie has developed a back-up plan in case that one of our products suffers serious loss. According to the BCG matrix, it is believed that Traditional and Low End segments might be in the ‘harvest’ stage since year 5. This is because these two segments have dominated a large proportion of market shares. Moreover, their growth rates start to decrease significantly for a long time of being operated in the sensor market. As a result, our company intends to adopt the exiting strategies when these segments begin to make relatively small profits or suffer serious loss. Instead, our company decides to develop and launch a new product which will be followed the differentiation strategy like High End and Performance segment since these segments are just in the ‘hold’ stage at that time, hence can catch up with other competitors’ products. XI. Conclusion In conclusion, relying on the application of such strategy, Erie’s products will be high-recognized in the market as they are revised regularly and efficiently. In addition, through the advantage of an initially significant investment, the company could become more competitive in the market as its production costs are minimized. Furthermore, by accepting a little bit of risky at about the first two years, Erie will gain a competitive advantage over other competitors in terms of long-term cost savings and hence could provide cheaper products and increase sales in later years. XII. Reference * Ferrel. O. C. & Hartline. D. M. 2008, Marketing Strategy 4e, South- Western Cengage Learning, the USA. XIII. Appendix 1. Marketing Forecast a. Sales Forecast | Year 1| Year 2| Year 3| Eat| 2,000,000| 2,200,000| 2,420,000| Ebb| 2,200,000| 2,420,000| 2,665,000| Echo| 430,000| 475,000| 525,000| Edge| 350,000| 385,000| 425,000| Egg| 400,000| 440,000| 485,000| b. Price Forecast | Year 1| Year 2| Year 3| Eat| $ 21. 5| $ 21. 5| $ 21. 5| Ebb| $ 18| $ 18| $ 18| Echo| $ 39| $ 39| $ 39| Edge| $ 34. 5| $ 34. 5| $ 34. 5| Egg| $ 34. 5| $ 34. 5| $ 34. 5| c. Sales Revenue Forecast | Year 1| Year 2| Year 3| Eat| $43,000,000| $47,300,000| $53,030,000| Ebb| $39,600,000| $43,560,000| $47,970,000| Echo| $16,770,000| $18,525,000| $20,475,000| Edge| $12,075,000| $13,282,500| $14,662,500| Egg| $13,800,000| $15,180,000| $16,732,500| d. Promotion & Sales Budgets | Promotion Budget (000)| Sales Budget (000)| | Year 1| Year 2| Year 3| Year 1| Year 2| Year 3| Eat| $3,000| $3,000| $1,500| $2,200| $2,200| $2,200| Ebb| $3,000| $3,000| $1,500| $2,200| $2,200| $2,200| Echo| $1,500| $3,000| $3,000| $1,500| $2,200| $2,200| Edge| $1,500| $3,000| $3,000| $1,100| $2,200| $2,200| Egg| $1,500| $3,000| $3,000| $1,100| $2,200| $2,200| . Production Plan PROUCTION PLAN Year 1 – 2011| | Eat| Ebb| Echo| Edge| Egg| NA| NA| NA| Total| Units sales forecast| 2000| 2200| 430| 350| 400| Â  | Â  | Â  | 5380| Inventory on hand| 189| 39| 40| 78| 62| Â  | Â  | Â  | 408| Production schedule| 1800| 2200| 400| 300| 340| Â  | Â  | Â  | 5040| Production after Adj. | 1782| 2178| 396| 297| 337| Â  | Â  | Â  | 4990 | Margins| Â  | 2nd shift production %| 0%| 57. 10%| 0%| 0%| 0%| Â  | Â  | Â  | Â  | Labour cost/unit| $8. 22 | $8. 26 | $9. 39 | $9. 39 | $9. 39 | Â  | Â  | Â  | Â  | Material cost/unit| $10. 96 | $7. 63 | $15. 53 | $15. 45 | $13. 3 | Â  | Â  | Â  | Â  | Total unit cost| $19. 18 | $15. 89 | $24. 92 | $24. 84 | $22. 62 | Â  | Â  | Â  | Â  | CM| 10. 8%| 11. 7%| 36. 1%| 28. 0%| 34. 4%| Â  | Â  | Â  | Â  | Physical plant| Â  | Total| 1st shift capacity| 1800| 1400| 900| 600| 600| Â  | Â  | Â  | 5300| Buy/sell capacity| –| –| –| –| –| Â  | Â  | Â  | Â  | Automation rating| 4| 5| 3| 3| 3| Â  | Â  | Â  | Â  | New automation rating| 5| 7| 4| 5| 5| Â  | Â  | Â  | Â  | Investment| $7,200 | $11,200 | $3,600 | $4,800 | $4,800 | $0 | $0 | $0 | $31,600 | Workforce| Last year| Needed| This Year| 1st shift| 2nd shift| Overtime| Â  | Max Invest| 32,694 | Completement| 700| 820| 820| 705| 115| 0%| A/P Lags| 30| (days)| 3. Profo rma Financial Statements a. Balance Sheet PROFORMA BALANCE SHEET| ASSETS| | Cash| 28034| Accounts Receivable| 10240| Inventory| 1055| Total Current Assets| 39328| Plant & Equipment| 145400| Accumulated Depreciation| (47626)| Total Fixed Assets| 97774| | Total Assets| 137102| | LIABILITIES & OWNER'S EQUITY| Accounts Payable| 7699| Current Debt| 20341| Long Term Debt| 60694| Total Liabilities| 88734| | Common Stock| 32060| Retained Earnings| 16308| Total Equity| 48368| Total Liabilities and Owner's Equity| 137102| b. Cash Flow Statement PROFORMA CASH FLOW STATEMENT| Cash Flows from Operating Activities| | Net Income (Loss)| (13274)| Adjustment for non-cash items| | | Depreciation & Writeoff| 9693| Change in Current Assets and Liabilities| | | Accounts Payable| 1116| | Inventory| 7562| | Accounts Receivable| (1933)| Net cash from operations| 3165| | Cash Flows From Investing Activities| | Plant Improvements| (31600)| | Cash Flows from Financing Activities| | Dividends Paid| | Sales of Common Stock| 13,700| Purchase of Common Stock| | Cash from long term debt | 18994| Retirement of long term debt| | Change in current debt (net)| 20341| | Net change in cash position| 24600| | Starting cash position| 3,434| Closing cash position| 28034| c. Income Statement PROFORMA INCOME STATEMENT| Product Name| EAT| EBB| ECHO| EDGE| EGG| Total| Sales| 42385| 39600| 16770| 12075| 13757| 124587| | Variable Costs| | Direct Labor| 16227| 18156| 4043| 3284| 3748| 45458| Direct Material| 21632| 16771| 6682| 5403| 5279| 55768| Inventory Carry| 0| 33| 18| 75| 0| 127| Total Variable Costs| 37859| 34960| 10743| 8761| 9028| 101352| | Contribution Margin| 4520| 4640| 6027| 3314| 4729| 23235| | Period Costs| | Depreciation| 3120| 3173| 1320| 1040| 1040| 9693| SG&A: R&D| 269| 0| 1000| 1000| 1000| 3269| Promotions| 3000| 3000| 1500| 1500| 1500| 10500| Sales| 2200| 2200| 1500| 1100| 1100| 8100| Admin| 365| 341| 145| 104| 119| 1074| Total Period Costs| 8955| 8715| 5465| 4744| 4759| 32637| | Net Margin| (4429)| (4075)| 562| (1431)| (29)| (9402)| | Other| 1635| EBIT| (11037)| Interest| 9384| Taxes| (7147)| Profit Sharing| 0| | Net Profit| (13274)| d. Cash Budget CASH BUDGET| | Total| Beginning cash balance| 3,434| Cash from operations| 3,165| Total Available Cash| 6,599| Less:| | Capital expenditures| (31,600)| Interest| (9,384)| Dividends| 0| Debt retirement| 0| Other| (1,635)| Total Disbursements| (42,619)| Cash Balance (Deficit)| (36,020)| Add:| | Short-term loans| 20,341| Long-term loans| 18,994| Capital stock issues| 13,700| Total Additions| 52,035| Ending Cash Balance| 16,015|