Comparison of Two Methods of Energy Production Research Paper

Comparison of Two Methods of Energy Production - Research Paper Example The conventional methods of the power generation requires fossil fuel as the sources of the power, however, alternate resources of energy generate energy by the utilization of the sustainable resources of energy, like solar, wind, geothermal, hydrodynamic, etc. As, the population of the world is growing, the hunger of the power is growing. During the past few decades, the hunger for the power reached to a higher level (Manwell, McGowan & Rogers, 2009). The fuel prices are also rising due to the increase in the demand and shortening of the resources. Thus, the conventional power generation methods are now seem to be costly as compared to the alternate power generation methods. On the other hand, alternate methods of the power generation are not only considered as cost efficient but also environmentally responsible. In this paper, the conventional power generation methods and wind power generation method are compared according to the economic stability, environmental stability and the most appropriate future power generation methods. Coal is the compound that is mostly utilized for the generation of electrical energy. Coal is also the dirtiest type of fossil fuels due to the production of solid as well aerosol wastes. Natural gas is the cleanest form of the fossil fuels (Manwell, McGowan & Rogers, 2009). ... to change the water into super saturated steam that may have a temperature as high as 600 degrees on the Celsius scale (Manwell, McGowan & Rogers, 2009). High pressure super saturated steam is then utilized in the steam turbine engine. The high pressure super saturated steam influences the blades of the turbine to react in response to the high pressure steam. Blades are attached to the rotor that converts the steam energy into rotational motion. The rotational motion is then shifted to the electrical generator that converts the mechanical energy into electrical energy. Two major types of alternating current generators are utilizing to convert the mechanical energy into electrical energy; permanent magnet generators and induction generators. Both are technologies are utilized in the power generation industry depending upon the amount of power generation. Wind energy conversion system is a simple conversion method. Wind strikes with blades of the wind turbine, the turbine blades react with the influence of the wind and produces a rotation in the rotor of the turbine. The rotor rotates the armature of the generator that induces electromotive forces in the corresponding coils and thus generates the electrical current. The blades of the wind turbine are such designed to take maximum advantage form the wind and a better control and gear system ensure the higher performance from the wind turbine. Wind power generation method is becoming more popular due to the higher efficiency and greater reliability as compared to the other alternate resources. Horizontal axis wind turbines are employed by many countries to generate electrical energy (Knopper & Ollson, 2011). However, vertical axis wind turbines are gaining popularity dye to simpler design and better performance

Assignment On Human Resource Planning Business Essay

Assignment On Human Resource Planning Business Essay INTRODUCTION: In organisation it is necessary that they have enough employees and the perfect people at the right position for right time. Human Resource Planning consists of a series of activities such as Forecasting of manpower requirement in future, making an inventory of present manpower resource. Manpower planning is essential for identifying areas in which there is shortage of personnel or the areas for surplus of personnel. It is the process by which an organisation can identify the requirement of human resource. It also include that quality of employees. Human resource planning is describe as the existing staffs are the right staff to do the jobs in organisation. Some other points include planning for staff retention, planning for candidate search, training and skills analysis and much more. There are Problem of anticipating manpower by protecting manpower resource in to future, organisation have to do planning for the necessary programs of requirement, selection, training development to ensure that future manpower requirements are properly met. Human Resource Planning is necessary for some reason which is Effective manpower planning is required for every organisation to carry on the work efficiently. It is essential to change people who have grown old or retire because of that they cant do work they are suffering from dieses. Human Resource Planning is important because of changing the labour turnover that arises from social economical factors which include promotions, marriage, etc. Because of rising standards of living large quantities of goods are required by which human resource planning is not avoidable by any organisation. The present scenario is changed as the needs of technology production. Process of human resource planning:- Human resource manager has to first understand the requirement of business and demand of employees. After understanding of business requirement manager can identified the scope and nature of business so he can able to select actual employees who will fit to the requirement of future demand. Manager has good experience for selecting employees because manager is able to identify the talent of candidate so they are able to complete target of future. Designing the Management Structure:- The first step of human resource planning process is designing management structure. The main purpose of this step is for managing employees in organisation. But this step is to do as carefully and do with some experts. In this steps organisation has to designed its structure of management and organisation has to do planning for human resource for future. If organisation will change some technology or use some modern technology then organisation has enough human resource. Analysis of Environment The third step is to analysis the environment of human resource management. Manager of organisation should have to understand current environment as internal and external environment. Internal environment include some factor which are related with organisation. There are some other data like short term and long term strategies of organisation and plans for future. External environment include some information regarding to economy of country, same industry in market, modern technology, prevailing competition in market, rate of unemployment. Forecast the Demand of Human Resource. Forecasting human resource demand is important for any organisation. The main purpose for demand forecast is to determine the demand of employees in future. Organisation has to do forecasting with very carefully because it is planning for future requirement. Organisation has to prepare for future uncertainty because there will be create demand for employees in future so for that organisation has to appointed some experts for more accuracy. Analysing Supply of Human Recruiter can hire employees from internal and external sources. Recruiter can select some method for selecting employees like skill inventories method which is used for restore records of internal supply. It may be manually or computerized system. Inventory method recorded some information regarding employees skills and their ability to do work. Organisation has to analysis the supply of human resource because employees are the main for any activity of organisation. If human resource is not good then organisation can compete in recent competition. Reconciliation and Planning: Reconciliation and Planning is the final step of Human resource Planning. After collecting all the data Organisation analysis that and then doing planning for developing action plans that are acceptable by top management and employees of organisation. These plans are helpful for every employee for understanding their works. Planning is very essential for every organisation because these planning is base on future. Business Definition for strategic Capability: The Strategic capability can be defined as the resources and competences of an organisation needed for it to survive and prosper. The ability to perform at the level required to survive and prosper. The concept of capabilities in strategic management is appealing because it suggests that a companys competitiveness depends on how it does what it does, not only what market it is in. To me and most others with an engineering background this is totally obvious. Any theory that suggests otherwise seems highly implausible and is also rejected by numerous examples of companies with strong and unique engineering skills that manage to create a market for themselves based on their own capabilities. It involves identifying the capacity which are durable and competitors find difficult to imitate or obtain. At the risk of over generalisation, it is unusual for competitive advantage to be explainable by differences in the tangible resources of organisations, since from many time these can usually be imitated or traded. The main advantage is more likely to be determined in which resources are deployed to create competences in the organisations activities. So expanding the earlier definition, core competences are likely to be the skills and abilities to link activities or processes through which resources are deployed so as to achieve competitive advantage. It is under depended by the resources and competences of the organisation. It should be clear by now that the search for strategic capability that provides sustainable competitive advantage is not direct. The concept of strategic capability and integration is quit hard to understand so it does not work properly. In international business some organisational managers should not know about the requirement of strategic capability because strategic capability does not have perfect concept and it is not on the based on concept. Strategic capability is not actual but most of organisation preferred that because it helps for preparing future planning and that is very important feature and strategic capability give suggestion about human requirement. Resource and Competence-based Strategy: The main objective of organisation is satisfying their customers needs. This is a important strategy in existing market for different products. This strategy helps organisation for find out opportunities and strengths. Organisation can find out SWOT analysis it means Strengths, Weaknesses, Opportunities, and Threats. Resource and competence-based strategy give correct picture of organisation situation. In which it covers firms strengths and weaknesses and other threats and opportunities. Strength and Weakness are related with inside of the organisation and threats and Opportunities are related with outside of organisation. And that is partly because there are few pragmatic methods which are helpful for managers to see references. However the achievement of your business objectives is totally dependent on your strengths and weaknesses. It is to do with the resources of each company have enough equipment and proper knowledge so they can reduce lead time. Organisation has to improve their unique resources and managing them effectively and try to remove their weaknesses so organisation can improve their competitive position. The resource base an organisation includes tangible and human assets as well as capability which the organisation controls. This strategy is mainly concentrates on the individual for each firm that is main point which can differ organisation from other competitors. This strategy is helpful for organisation to distinguish from other and that is make competitive advantage. Dynamic Capabilities: The concept of dynamic capability includes the capacity with which to identify the need or opportunity for change, formulate a response to such a need or opportunity, and implement a course of action. Dynamic capability took the form of organisational process. Dynamic capability consists of patterned organisational behaviour that companies can invoke on a repeated rather than idiosyncratic basis. A dynamic capability is the capacity of an organisation to purposefully create, extend, or modify its resource base. Dynamic capability is very important strategic analysis tool. The definition of dynamic capability does not apply for profit and not for profit organisation. It also applies to newly formed and new developed organisation. This concept is arise from a key shortcoming of the resource-based view of the firm. Dynamic capabilities consider some points which consider they are integrated within the firm, how resources are developed. Dynamic capabilities are essential to fill these gaps by adopting some approach for resources in organisation and the changing business environment. Dynamic resources are very helpful in firm to adjust its resource mix and maintain the sustainability of the firms competitive advantage. Strategy Implementation By Human Resource:- In Recent Year, business Trial and error have gradually allowed HR to carve its niche in the business world; HR has proven that it is especially useful in the innovative development of organizational strategy. The time has change from Human Resource professionals to leave the past strategy-development and put their plans into action. The Human Resources are like as the ambiguous child of the Marketing and the Capitalism. The HR department has been always a pointed out something confusion which companies has to struggle to discover the best ways for utilize its such a value. The implement of strategy is a key element of the business for success, and HR is positioned to pioneer the realization such strategies. Linking business strategy and HR strategy The People who are recruited in an organization who are helpful for creating the business culture. They can essential to show the enterprises positions and make them different from other competitors. The quality of HRs plays a important role in the success of small and medium organization. There is only man who does the production and makes working efficiency, who boosts the working quality of enterprises. Men are not like other resources such as finance or assets, human resource are the very significant factor which builds up an enterprise and lead the enterprise development when financial resource is just the means to gain the targets prepared by enterprises. . With the help of careful selection and good management, human resources of organisation can be the key point of business success. And in visa a versa it can be the greatest risk. GAP Analysis The primary step is to decide that what the difference between actual performance and desired performance is. Gap analysis is tools for measuring differences of performance. In organisation manager can come to know that what actual difference for performance of employees so manager can take some effective steps for more improvement. The process in which can involve the identification of gaps between the current state and the future. This gap analysis can change in sophistication and complexity from some very simple averages and complex for regression analysis. The gap analysis is the process that can be used to ensure the improvement process does not move from identification of problem areas to proposed solutions without understanding the conditions that created the current state. It is desired state for beginning point of implementation of organisation improvement process. Every organization wants to be successful must have a welled structured in a way for analyzing data, gathering data and doing gap analysis. HR Strategy Business Effectiveness:- Managers tend to become clearer about how the company runs. HR needs to be accountable for conducting an organizational audit. Audit helps identify which components of the architecture should be changed in order to facilitate strategy execution. HR professionals have a unique set of perspectives and knowledge to bring to the strategy- creation, but even more important is what they could bring to the strategy-implementation. The role of HR as a strategic partner is to identify methods for renovating the parts of the organizational architecture that need it. For effective strategies HR should define an organizations architecture. In other words, it should identify the underlying model of the company. The architecture is a mix of structure, systems, styles, skills, rewards, processes, people, and shared values After the architecture is defined it needs to be articulated explicitly without such clarity. The marketplace has always published for companies that do not manifest the promise of their strategic intentions. In Human Resource manager should be assignees to take the lead in proposing, creating, and debating best practice that can help implementing strategies. Human resource must take stock of its own work and set clear priorities. At any time in the human resource, staff might have several initiatives in its sights, such as pay-for-performance, and action-learning development experiences, global team work. But to be truly to business outcomes, HR needs to join forces with line managers to continuously assess the impact and importance of each one of these initiatives. Organisational Development:- The holistic approach used for facilitate of the development of your organisational development strategy so that it effectively supports your business mission and vision. The approach of organisational development strategy development is typically assessment with the organisational development implications of your business strategy. Organisation culture has some holistic approach for the development of strategy development that ensures your organisation development. Strategy is effectively integrated with your business strategy. It will build your peoples understanding of your organizational strategy and it ensures that your business should have some adequate and effective ownership and support for the strategy. It helps you arrive at an organizational development strategy which aligns your organizational and human resource systems and processes with your business strategy. This is followed by an identification of the current state of the relevant organizational systems and processes and the commitment of the peoples actualizing attributes. The holistic approach to organizational development strategy development is influenced by key organizational development important Principles. Recruitment and selection Organization will not offer the commitment and flexibility because of many organisations are not in good condition. Managers and supervisors will have to spend more extra time on recruitment process which is needed in the first place is a systematic process to assess the role of recruiter, and the type of skills and abilities needed to fill and qualified for this process. Selection method is very important for any organisation so it may be give more concentration. Selection methods will be objective, reliable, and protected against bias. The main is Essential and desirable requirements for roles will be published in the role profile and person specification. The selection process normally consists on paper or short list and if successful than applicants are invited to interview. Some positions may require additional assessments like task/test or assessment centre. In case, details will be included in the application pack. There are any test used will have been validated in relation to the job, free of bias and the administered and assessed by a suitably competent persons. All members of recruitment panels will have received guidance/briefing on recruitment and selection techniques. Diversity The main important is existence of differences in physical capabilities, class, color, age, sex, sexual orientation, and social and political backgrounds. It is a identification of individuality, differences and variety of people working together as a whole and not put any differences which divide them. There is only one problem that some people may feel uncomfortable if they are the person from a certain minority group and have been clearly employed in organisation and they have problem related to some minority of their group. Diversity is not meaning of complex idea. Diversity means having a mixed community of people from all different of place in the society. Generally diversity and a diverse community include peoples who want to see all of them in minority groups represented in that community. These companies will have a staff which include different people of all religions, sexualities, and different ages. Diversity can also apply in organisations as well as communities of the organisation. It is illegal to discriminate against someone based on their minority group, but some companies and employers actually want as diversity committed in the organisation. How Cultural affect in recruitment selection: Requirement and selection is required for the issues in disability and training to staff for knowledgeable for the need of disability. Framework of culture can be defined as practices of recruitment and organisational management. It can be explain the relation of employees and appearance for physical fitness. That is not only consider the job description and personal specification. In this there are many aspects for equality and diversities in organisation. Recruitment and selection process consists of carefully consideration of requirement in organisation. In this process organisation should primarily contact with employees through employees information. Organisation analysis employees behaviour on daily basis. It consider diversity and equality of employees but that cannot be consideration by people action and behaviours and that cannot measure the action and behaviour of people. It is not essential for public to be able to monitor equality and diversity and give job to capable candidates. Organisation All organisations have initial management structure. It consists of determination relationship between function and positions and sub divides and delegates roles, to carry out defined task is more responsibility and authority. Organization is systems by which they can affect by the environment form their boundaries. Organization is a part of interconnected in a manner as to constitute a system identifiable as a unit or it is non random arrangement of component. It can also defined as systematic arrangement organisation people, and managed them to meet a need for achieve collective goals on a continuing basis. An organisation system is an organized parts of collection that are highly integrated in order to achieve an overall goal. There are several classes of systems and it covers from very simple frameworks that all are the way to social systems, These are the most complex in organisation. The system has various inputs which are processed to produce certain outputs, and accomplish the overall goal desired by the organization. Organisational cultural: Organisation definition is the process of continuous organizational values that is known as ideas and beliefs about what the different kinds of goals of members form an organization those should be pursued the ideas of standards of behaviourand appropriate kinds of organizational members that should be used to achieve these goals. And from organizational values develop organizational guidelines, expectations or norms that prescribe proper kinds of behaviour by employees in particular situations and control the behaviour of organizational members towards one another. Organizational culture is considering as a set of some principles that determine how people behave in the organisation premises. From the observation of different behaviours of employees are based on their beliefs, values, and assumptions that are directly affected on their actions. Managers have an perfect understanding of the organizations culture towards the activities for getting productive way and that is avoid the destructive influence of having employees who are not committed to the companys goals. The process is based on our assumptions, values and norms, which are like our values on money, time, facilities, space and people. Outputs or effects of our culture are, different as organizational technologies, behaviors, , strategies, image, products, appearance, services, etc. Legal Requirements And External Agencies: Legal job The employment opportunities in the Legal industry is to  find the legal recruitment agencies which can take place someone with your requirements the first selection is an appropriate main skill heading, it can be shown in white text with a blue background It is a legal job that can be defined as a position of employment in a legal environment, a firm of solicitors, a company of licensed conveyances, a government organisation and NGO or charity, and it is a set of barristers chambers and a local authority legal team or an in-house legal department. The importance of the definition of a legal job is really only for potential lawyers looking for legal experience. If you are unable to get a legal job than legal job can make lots of difference to your chances of success in getting work of organisation, Legal agencies by skillet and Selection of Legal Recruitment Agencies by county, Alphabetic Selection of Legal Agencies. Legal Requirement For HR Employer is restricted to provide reasonable accommodation for the religious practices of its employment, unless it can show that the accommodation would result in under its business. An employee to take time off for religious observances that are not covered by the employers established holiday schedule so that many employers offer a floating holiday to employees in addition to the regularly scheduled holidays. If organisation provides paid holidays to employees, then it does not have to count the paid hours as hours worked for purposes of determining work which are given to employees not recoded as overtime compensation. For over time any employee must have actually works for 40 hours in a week. Paid time off that considers some leave like vacation, sick leave, etc is not considered time worked. Many collective bargaining agreements include additional rules and regulation for determining overtime. In the intern scheme which is consider unpaid wages which is not for longer than four months and that covered all the work related expenses in the organisation. If employed get placement and then dont get any paid from four month than organisation have to covered all then expenses which are related with organisation. In intern ship, offered some good facility to worker, if intern ship can work proper then employees can perform properly. A placement which is unpaid can last no longer than four months, and all work-related expenses have to be covered by the organisation. Organisations that ensure their unpaid interns are not performing as workers may still be at risk if they offer some kind of enhancement. The circumstances in which an intern ship can be offered without pay are limited, and if an intern is effectively performing as a worker, the employer is obliged to pay them. For example, the opportunity of a training contract offered to unpaid interns could mean they are classed as a worker. Dismissal Dismissal covers such a wide area that it is dealt with under several separate topics in this programmed of dismissal: a judgement disposing of the matter without a trial, official notice that you have been fired from your job, permission to go; the sending away of someone. There are many reasons for that dismissal are automatically become unfair like your gender or age. If your employer dismisses employees for exercising one of your statutory legal employment rights you will have been automatically unfairly dismissed. If employees are dismissed for any of these reasons then they should be able to make a claim for unfair dismissal. The employees  have statutory employment rights include a right such as a written statement of employment particulars, a minimum notice period, parental leave, time off for dependants, the right to request flexible working arrangements, and employees are not to be discriminated against your gender, sexual orientation or age, religion or belief, protection against unlawful deductions from wages, guaranteed payment even work is not available, disability, remuneration during suspension on medical grounds, refusing to do work on a Sunday. There are many reasons for prove that your dismissal is unfair and employees have fair reasons for their dismissal. For example if all the work of employees were right and nothing wrong in their performance then its called unfair dismissed but when your employees didnt follow right process of company then it is right dismissed because in that situation there are problem of employees so it is not unfair dismissed. ACAS Disciplinary ACSA has some different disciplinary and grievance process which provide transparent and clear framework to deal with difficulties which arise for working relationship form employees. It is necessary that ACSA treat everyone in same manner and resolve problems as reasonably. But for that Employees have to follow some rules and discipline which are as follow.,1 Give reason for not achieving some standard which are decided by organisation like requirement of training, advice for knowledge.,2 Employees should have aware from standards for performance or do the work. 3 Employees should try to do resolve problem first before dismissal. 4 Employees should give true information for getting dismissal. Association of Certified Security Agency is short form of ACSA which is specially introduced for the security of industry. Its main purpose is related to assist and carry out the activity for the protection of industry. ACSA was introduced on 18 March 1997. ACSA introduced some rules and regulation for industry and employees so both can be protected from unfairness. ACSA covers some act like industry Act, Workplace Health and Safety Act, Employment Act. ACSA has helped to develop security training for industry for the benefit of employees. Conclusion I would like to conclude from the above analysis that, organization may use all types of sources to collect data and convert into proper information, through the process of statistical method and information system. In this assignment all Collection of data may start with Statistical method, so that it is easier to gather data in tabular format and then put in the process as per the decision making and get output or result in the information system where data can be store safely and access easily. All the data are more reliable so there would be low possibility to get any difference in actual situation. Some point are on the base on some practical and some are based on theory for human resource planning and other points which are related with employees in organisation.

Is It the Author, or His Content? Essay examples -- Orson Scott Cards

Orson Scott Card’s novel, Ender’s Game, has been the most popular science fiction novel since its release is 1985. While the book is essentially a fantasy, it contains a lot of scientific and philosophical information that are both manifest and latent. The issue that critics argue over may not necessarily refer to the plot of the book, but rather to its moral dynamics. In this literary analysis, we will analyze Ender and his sibling’s relationship by referencing the Personality Development theory, and the history of many historic biblical saints. But first, the author himself will be analyzed in order to understand what influenced him to write such a popular book. As an author, professor, columnist, and political activist, Orson Scott Card possesses a well-rounded and immense amount of talent. He has been awarded the Hugo and Nebula awards for his outstanding work in Ender’s Game and its sequel, Speaker for the Dead ("About†). But as one may know, his literary legacy did not conform overnight. As a child, Card showed many different interests that ranged from reading books about the French revolution to playing the French horn in his schools marching band. While in school, he often soaked in in new information that was presented to him. During junior high, Card had his first acquaintance with mock political bates and Greek literature from authors such as â€Å"Plato, Aristotle, Euclid, Plutarch, and many other writers of the ancient world† (â€Å"About†). Today, much of Card’s interests as a child still coincide with his interests as an adult, and typically can be found in most of his literary work. Card once w rote that â€Å"there is always moral instructions whether the writer inserts it deliberately or not†¦ but when [he] write[s] without deli... ...aks for itself. Works Cited "About Orson Scott Card." About Orson Scott Card. Hatrack River Enterprises Inc., n.d. Web. 09 May 2014. Card, Orson Scott. Ender's Game. New York: Tor, 1991. Print. Kessel, John. â€Å"Creating the Innocent Killer: Ender’s Game, Intention, and Morality.† Foundastion, the International Review of Science Fiction. 90th ed. Vol. 33. N.p.: n.p., 2004. N. pag. Myers, David G., Richard O. Straub, and Thomas Ludwig. "Personality." Psychology. 8th ed. New York: Worth, 2007. 598. Print. O'Connor, Daniel William. "The Man and His Position among the Disciples." Encyclopedia Britannica Online. Encyclopedia Britannica, n.d. Web. 10 May 2014. Reiter, Geoffrey. â€Å"’Ender’s Game,’ Genocide, and Moral Culpability.† patheos.com. Patheos, 8 Nov. 2013. Web. 21 Apr. 2014 "St. Valentine Beheaded." History.com. A&E Television Networks, n.d. Web. 10 May 2014.

Physician And Managed Care Contracts Essay

A contract is a legal binding agreement between two parties that is aimed to execute a certain objective. It is a kind of arrangement wherein a certain action is pledged in exchange for a specific proposition or offer. In order for a contract to be valid, four essential elements must be present in a contract. Firstly, two parties should exist in the contract. One party is presenting an offer while the other party is accepting the offer as a form of return for whatever specifications are requested in the contract. Secondly, the contract should indicate that both parties give their consent or are willing to enter into such an arrangement. Such intention should show that the person giving the offer is capable of providing the offer, while the party accepting the offer should be able to clearly show his/her acceptance of the offer. In addition, both parties must be willing to enter an agreement without any other hidden conditions. Thirdly, a purpose or objective should be indicated in a contract. The purpose should be detailed enough to clearly show what is requested or expected in exchange for the specific offer. And lastly, adequate consideration or an adequate value must be indicated as offer in the contract, in the form of money or in kind. The consideration or compensation can not be given to the accepting party prior to the acceptance of the offer. The act of accepting an offer constitutes a deal. Certain offers have a limited time of availability, wherein an expiration date is indicated and the offer can not be accepted after the said date, unless the offer is renewed or stands indefinitely. In addition, the party presenting the offer has the right to withdraw its offer, but only before an acceptance is received. Once an offer is accepted, the contract may not be modified or revised. Changes in the offer may only be incorporated during the negotiation stage of the agreement, which then makes a contract some kind of a bargain. Similarly, physicians enter contracts with managed care organizations (MCOs) or health management organizations (HMOs) in order to promote their services. The four essential elements of a contract should be carefully studied before accepting any offer or signing any contract. For example, as for the element of willingness and capability to enter a contract, a physician should initially must find out the MCO/HMO’s length of operation and financial stability, because this will give the physician an idea whether the company is capable to pay him at a regular schedule. In addition, it would be good to contact some colleagues who have signed contracts with the same company, in order to determine the strengths and weaknesses of the organization and to unearth any unwritten conditions or policies. The physician should also investigate the identity of the MCO/HMO, and any other parties in the contract, should there be more than two parties indicated in the contract. The most overlooked element of a contract between a physician and an MCO/HMO is the purpose or objective of the contract, which describes a several definitions of services and people that will be covered by the health plan, both during emergency and out-patient consultation events. A comprehensive study of the contract may possibly prevent misunderstandings between the two parties and therefore provide a clear-cut description of the services that the physician is expected to deliver. Another important element of a physician-MCO/HMO contract is the obligations of each party. It is usually indicated in the contract that the physician will actively maintain his/her medical practice documents such as licenses, certifications, registrations and permits in order to provide his/her services to patients. The physician should also inform the MCO/HMO of any modifications on his/her status as a practicing physician. In turn, the MCO/HMO presents its rules and regulations to the potential physician or health care provider working under their company. All policies, guidelines, reviews and appeals should be revealed in order to have its physicians working at the standardized efficiency and competency. The physician’s compensation should be indicated in a physician-MCO/HMO contract. Details including the amount and schedule of payment should be clearly stated in the contract. Payment modes may be in form of per diem, per case, per service or a certain percentage of the premiums. The physician, in turn, should understand the protocol for filing claims and any other arrangements or coordination with the MCO/HMO, including the limited time when these documents may be filed. The MCO/HMO should also indicate in the contract that the physician will receive his/her salary on a regular basis. A physician-MCO/HMO contract may be terminated by either mutual agreement of both parties, or with sufficient cause or reason from the physician, or without cause or reason from the physician. However, a 30-day notice is usually required before any termination takes effect, to provide ample time for the physician to finalize any current patients, cases, services and/or referrals. Contracts are legally binding documents which must be carefully studied and considered before pursuing an agreement and letting the contract take full effect. Every contract has its specific details and all sections of the contract should be well understood and explained.

Analysis of the Black Cat Essay

â€Å"I neither expect nor solicit belief† explains that the narrator does not expect the reader to believe the story they’re about to read, because he finds it unbelievable himself which is evidenced by the excerpt â€Å"Mad indeed would I be to expect it, in a case where my very senses reject their own evidence. † With that being said the single effect of the story is alcohol induced insanity. The Black Cat† is a tale that deals with the ups, downs, and delusions of alcohol. The story is told in first person so the reader will get an intimate sense of the writer’s thoughts and feelings. The narrator at first appears to love his wife and pets, however by the end of the tale the narrator is delusional and despises his once beloved pet and its replacement. His alcoholism leads to madness and he hangs the first cat. This is succeeded by his house burning to the ground and his entire world of wealth with it. The narrator then â€Å"resigns himself henceforward to despair† this phrase shows him falling deeper into alcoholism and insanity. The narrator’s decent into insanity is further evident by the phrase, â€Å"when I first beheld this apparition- for I could scarcely regard it as less- my wonder and my terrors were extreme. † He continues for months that the phantasm of the cat haunted him. He then finds the second cat which is seemingly related to his alcoholism as he finds him among one of the taverns frequently visited for the purpose of intoxication. He soon finds aversion for the cat. The narrator then speaks of how he feels the cat is out to get him, as shown by the statement, â€Å"I am almost ashamed to own that the terror and horror with which the animal inspired me, had been heightened by one of the merest chimeras it would be possible to conceive† The narrator story continues with him and his wife walking into the cellar. He feels the cat tried to trip him down the stairs and enraged he swings an axe at the cat in which his wife blocks. The narrator then writes â€Å"Goaded by the interference into a rage more than demonical, I withdrew my arm from her grasp and buried the axe in her brain. This shows his level of insanity increasing into murderous rage. He then sets forth without remorse to cover up the murder of his wife. The narrator’s insanity doesn’t take away from his intelligence. As G. K. Chesterton quoted â€Å"A madman is not someone who has lost his reason but someone who has lost everything but his reason† (www. goodr eads. com/qoutes). The narrator has thus shown that he is insane but also calculating. He also shows very little guilt over the murder of his wife which is witnessed by the excerpt â€Å"The guilt of my dark deed disturbed me very little. The narrator is instead feeling enlightened at this point in the story because his tormenter, the cat, is not around. Satisfied that he would not be caught; when the police did a search of his home he felt it necessary to gloat about the sturdiness of the home and tap his cane against the very wall with which he had imprisoned his wife’s dead body, he pens â€Å"No sooner had the reverberation of my blows sunk into silence, than when I was answered by a voice from within the tomb. † This second cat in the end provides justice when it reveals the hiding place of his murdered wife with its cry. This story has many elements that contribute to the single effect of alcohol induced insanity. The strongest element is character development. As previously stated, the narrator begins his tale as a seemingly normal man and as his alcoholism gets worse so does his decent into insanity. The character develops slowly over the course of the story thus making his decent into madness more believable. He creates the climb into insanity by centering his anger on the cat due to the irritation that arises within him from his alcoholism. He further exasperates the conflict between him and the cat by inflicting violence upon the brute and blaming it upon the spirit of perverseness. The character has now developed from the ostensibly normal person in the introduction to a drunken insane violent man. He continues with the characters madness but takes it further by the instant rage they caused him to murder his wife. The character then realizes the need to think clearly, intelligently and concedes to concealing his wife in the cellar wall, like the monks of the Middle Ages did their victims. The center of his insanity it would seem has disappeared with the murdering of his wife and the narrator perceives himself as no longer insane cause his tormentor has let him be. Then comes the search for his wife by the authorities and the narrator feeling good about his current disposition brags in little detail about his heinous deeds and is thrust back into madness instantly with the shrieking of his tormenting beast. The single effect of this short story is alcohol induced insanity. The narrator tells the story of how he once was sane and lucid and then began his descent into insanity because of alcoholism. The short story shows the effects alcohol could have on anyone person when drinking excessively. The effects of alcohol have been well documented throughout time and can affect each individual in a unique way, causing happiness in some and insanity in others.

Italics or Quote Marks (Formatting Titles)

Italics or Quote Marks (Formatting Titles) Formatting Titles If you need advice about formatting headings in your work, try this post. But if you want to know about formatting titles of other works in your writing (e.g., books or journal articles), you’re in the right place! Read on to find out when to use italics and quote marks for titles in your work. Formatting Titles First, let’s give an example of what we mean. Take the following sentence: Here, â€Å"Game of Thrones† refers to a popular TV show. If we didn’t know this, we might guess from the capitalization, but most style guides also recommend using distinct formatting for titles. This usually means italicizing the title or placing it in quote marks. But when does each apply? Longer Works (Italics) Titles of longer works, such as books or TV shows, are usually italicized: We use italics for Game of Thrones because it refers to an entire TV series. Works that require italics for titles in this manner include: Books and book-length poems Journals, newspapers, magazines, and other periodicals Entire websites and blogs Movies, radio programs, and TV shows Plays, musicals, and other stage shows Paintings, statues, and other works of art Music albums and other long recordings Importantly, all of these are standalone works (i.e., published by themselves rather than as part of a larger whole). So, for example, you would italicize the name of a blog (e.g., Jenny’s Cooking Blog), but not the name of a post taken from that blog (e.g., â€Å"How to Make Beef Stroganoff†). Were 90% sure this is beef stroganoff and not dog food. Shorter Works (Quote Marks) With shorter works that are part of a larger whole, titles should be given in quotation marks. An episode of Game of Thrones, for instance, would be written as follows: Here, the formatting lets us instantly distinguish between an episode title and the show title. Quotation marks are also used when referring to titles of: Chapters from books or edited volumes Articles from newspapers, magazines, journals and other periodicals Particular pages from a website or posts from a blog Individual poems, short stories, and other short literary works Single episodes from a TV series Songs and other short recordings Unpublished writing (regardless of length) With most of these, the key is that they’re published as part of a longer work or series. The only exception to this is unpublished writing (e.g., a PhD dissertation or an unpublished manuscript). Beware Exceptions! As with most rules in writing, there are exceptions to these guidelines about formatting titles. For example, APA has different rules depending on whether a title appears in the main text or the reference list. It is therefore always worth checking your style guide to see if it has specific requirements.

Free Essays on Dracula

Title: Dracula Author: Bram Stoker Publisher: 1897 by Archibald Constable & Co. Story Jonathan Harker, young lawyer, makes trip to Transylvania to sell land in England to Count Dracula. Meanwhile, young fiance, Mina, spending summer by the sea in Whitby, port town in Eng. with friend Lucy Westenra. Lucy falls ill: blood seems to disappear. Jonathan somehow escapes, has brain fever, saved by the sisters of a convent and marries Mina there. Dr. Van Helsing, Dutch doctor comes to see what is the matter with Lucy. It seems that she is the victim of a vampire. The circle of LucyÕs freinds, who try to save her, are too late in discovering that Dracula had come across the sea on a merchant vessel, delivering crates of Transylvanian dirt. When she dies, she becomes Un-dead, preying on the blood of little children of Whitby. They drive a stake through her heart and free her of the spell. She is fully dead. The group of friends: Van Helsing, Jonathan and Mina Harker, and LucyÕs three previous suitors, Dr. Seward, owner of a mental hospital next door to DraculaÕs future estate, Arthur Holmwood, Lord Godalming, and Quincey Morris, a young American. They decide to do whatever they can to destroy the vampire. Dracula comes to get Mina and she will become like him if the group cannot defeat him. Learn that crates of earth are being sent around as places where Dracula can stop to rest or change form if he so desires. They travel to Translyvania to save their dear friend Mina and rid the world of Count Dracula and all of his followers.... Free Essays on Dracula Free Essays on Dracula Title: Dracula Author: Bram Stoker Publisher: 1897 by Archibald Constable & Co. Story Jonathan Harker, young lawyer, makes trip to Transylvania to sell land in England to Count Dracula. Meanwhile, young fiance, Mina, spending summer by the sea in Whitby, port town in Eng. with friend Lucy Westenra. Lucy falls ill: blood seems to disappear. Jonathan somehow escapes, has brain fever, saved by the sisters of a convent and marries Mina there. Dr. Van Helsing, Dutch doctor comes to see what is the matter with Lucy. It seems that she is the victim of a vampire. The circle of LucyÕs freinds, who try to save her, are too late in discovering that Dracula had come across the sea on a merchant vessel, delivering crates of Transylvanian dirt. When she dies, she becomes Un-dead, preying on the blood of little children of Whitby. They drive a stake through her heart and free her of the spell. She is fully dead. The group of friends: Van Helsing, Jonathan and Mina Harker, and LucyÕs three previous suitors, Dr. Seward, owner of a mental hospital next door to DraculaÕs future estate, Arthur Holmwood, Lord Godalming, and Quincey Morris, a young American. They decide to do whatever they can to destroy the vampire. Dracula comes to get Mina and she will become like him if the group cannot defeat him. Learn that crates of earth are being sent around as places where Dracula can stop to rest or change form if he so desires. They travel to Translyvania to save their dear friend Mina and rid the world of Count Dracula and all of his followers.... Free Essays on Dracula Be not overcome of evil, but overcome evil with good. – Romans. XII. 21 Evil often triumphs, but never conquers. – Joseph Roux The two quotations from above explain that evil never conquers because good always overcomes it. A good example of this is the book Dracula by Bram Stoker because the author expresses the nature of good vs. evil. Dracula wants to come to London because he wants to turn everyone into vampires. The basic background of the book Dracula is when Jonathan Harker, a realtor who is sent to Transylvania to complete a transaction with Dracula so he can come to England. What Harker does not know is that Dracula has a plan for world domination. Well, while Harker is on a train to Transylvania he enters â€Å"the east, a section of Europe whose peoples and customs will be for the most part, strange and unfamiliar† (Dracula, 20). Harker arrives at Bistritz on the eve of St. George’s Day, â€Å"a night when evil things in the world have full swa y† (Dracula, 21). When Harker first sees this, he is unconcerned about these superstitions. Then he sees something that is very peculiar. An old woman is very afraid of the word â€Å"Dracula.† She offers Harker a gift of rosary to protect him of evil spirits. After she gives him the rosary, he starts to feel uncomfortable going to the Borgo pass on the following day. The Borgo pass is very important because this is the place where Dracula’s carriage will await Harker. Well on the next day, a crowd of peasants gather around the carriage mumbling linguist words that seem to have some kind of link to the word vampire. Then the â€Å"whole crowd makes the sign of the cross and point two fingers at Harker† (Dracula, 30), to wish him a safe journey. When the carriage dashes by the country peasants, they knell and cross themselves. Until this point Jonathan Harker does not know the â€Å"Dracula beckons Harker into his castle and into a horrifying adventure wit h the supernatural† (Lidston ... Free Essays on Dracula Title: Dracula Author: Bram Stoker Publisher: 1897 by Archibald Constable & Co. Story Jonathan Harker,a young lawyer makes a trip to Transylvania to sell land in England to Count Dracula. Meanwhile, young fiance, Mina, spending the summer by the sea in Whitby, port town in England with her friend Lucy Westenra. Lucy falls ill: blood seems to disappear. Jonathan somehow escapes, has brain fever, saved by the sisters of a convent and marries Mina there. Dr. Van Helsing, Dutch doctor comes to see what is the matter with Lucy. It seems that she is the victim of a vampire. The circle of LucyÕs freinds, who try to save her, are too late in discovering that Dracula had come across the sea on a merchant vessel,delivering crates of Transylvanian dirt. When she dies, she becomes Un-dead, preying on the blood of little children of Whitby. They drive a stake through her heart and free her of the spell. She is fully dead. The group of friends: Van Helsing,Jonathan and Mina Harker, and LucyÕs three previous suitors, Dr. Seward, owner of a mental hospital next door to DraculaÕs future estate, Arthur Holmwood, Lord Godalming, and Quincey Morris, a young American. They decide to do whatever they can to destroy the vampire. Dracula comes to get Mina and she will become like him if the group cannot defeat him. Learn that crates of earth are being sent around as places where Dracula can stop to rest or change form if he so desires. They travel to Translyvania to save their dear friend Mina and rid the world of Count Dracula and all of his followers. Book vs. Movie -Excellent Book. Movie (1993) good adaptation, relatively similar, but a few faults: -portrayal of Women. Book has strong women (contrast to Wuthering Heights) but movie weakens them. Book: Mina makes anthology of info. Movie: Mina cheats on Jonathan with "prince," Lucy is brought forward as a loose girl, but book has her shy. -I liked movieÕs Holmwood: ...

University at Buffalo SUNY UB Admissions Facts

University at Buffalo SUNY UB Admissions Facts The University at Buffalo, part of the State University of New York system, is a comprehensive public research university located in Western New York. The University at Buffalo is the largest of the SUNY schools with ambitious plans for future growth. The school has three campuses totaling over 1,300 acres. Shuttles run frequently between and across campuses. Because of UBs many excellent research centers, it was granted membership in the Association of American Universities. In athletics, the Buffalo Bulls compete in the NCAA Division I Mid-American Conference. Will You Get In? Calculate your chances of getting in  with Cappexs this free tool. Admissions Data (2016) SUNY University at Buffalo Acceptance Rate: 59%GPA, SAT and ACT graph for UB Test Scores: 25th / 75th Percentile SAT Critical Reading: 520  / 610SAT Math: 550  /  660ACT Composite: 24  / 29 Enrollment (2016) Total Enrollment: 30,184  (20,412 undergraduates)Gender Breakdown: 57% Male / 43% Female92% Full-time Costs (2016  - 17) Tuition and Fees: $9,574 (in-state); $26,814 (out-of-state)Books: $1,196  (why so much?)Room and Board: $12,292Other Expenses: $2,481Total Cost: $25,489  (in-state); $42,729 (out-of-state) University at Buffalo Financial Aid (2015  - 16) Percentage of New Students Receiving Aid: 77%Percentage of New Students Receiving Types of AidGrants: 63%Loans: 52%Average Amount of AidGrants: $8,577Loans: $9,259 Academic Programs: Most Popular Majors:  Accounting, Biomedical Sciences, Business Administration, Communication Studies, Electrical Engineering, English, History, Humanities, Mechanical Engineering, Nursing, Political Science, Psychology, Social Sciences What major is right for you?  Sign up to take the free My Careers and Majors Quiz at Cappex. Transfer, Graduation and Retention Rates: First Year Student Retention (full-time students): 86%Transfer-out Rate: 14%4-Year Graduation Rate: 58%6-Year Graduation Rate: 74% Intercollegiate Athletic Programs: Mens Sports:  Football, Basketball, Baseball, Soccer, Swimming, Tennis, Track and Field, Cross Country, WrestlingWomens Sports:  Track and Field, Rowing, Softball, Soccer, Cross Country, Swimming, Volleyball, Tennis Data Source: National Center for Educational Statistics UB and the Common Application The University at Buffalo uses the Common Application. University of Buffalo Mission Statement: The University at Buffalo is a diverse, inclusive scholarly community dedicated to bringing the benefits of its research, scholarship and creative activity, and educational excellence to global and local communities in ways that impact and positively change the world.   We view the three traditional pillars of the public higher education mission- research, education, and service- as interdependent endeavors that continually enrich and inform each other. Groundbreaking research, transformative educational experiences, and deeply engaged service to its communities define the University at Buffalo’s mission as a premier, research-intensive public university.

Discussion Board Case Study Example | Topics and Well Written Essays - 250 words

Discussion Board - Case Study Example In other words, Cole and Driscoll acknowledge that philosophy alone cannot revolutionize the mindset of a church organization when practice and identifiable roles are lacking. Another interesting similarity involves the impact of roles on leaders especially when they are imparting philosophical objectives upon the followers. Unlike Driscoll’s On Church Leadership that is often guided by religious doctrines and mores, organic contexts are free of dogmas. Therefore, both writers note that religious and secular settings should not hinder the nurturing of new leaders within the church. Alternatively, in organic leadership, according to Cole, mentors and re-energizes the follower by creating new practices and philosophies (Cole, 2009). Driscoll argues that church management is often hindered by lack servant leadership and succession plans by pastors. Interestingly enough, the writers might join hands in streamlining the ministry through recruitment of new followers dedicated to becoming leaders. This is through the empowerment of others as a key step toward enhancing the overall leadership vacuum. It implies that leadership debate by the two writers dem onstrates the shifting demographics determined mostly mentorship programs and strategic servant

Climate change proposal Assignment Example | Topics and Well Written Essays - 250 words

Climate change proposal - Assignment Example Geological Survey (USGS), 2008). This information on sea-level rise (SLR) was likewise corroborated by authors Gillette and Hamilton (2011) whose article disclosed that â€Å"SLR is a major concern for populations living in low-lying coastal regions (about 25% of humans), because it will give rise to inundation (both temporary and permanent flooding), wetland loss, shoreline erosion, and saltwater intrusion into surface freshwater bodies and aquifers, and it will raise water tables† (p. 25). These authors likewise indicated that the number of people to be affected by a uniform one-meter rise in sea level is approximately 145,000,000, where more than 105 million would come from Asia; followed by Europe (approximately 20 million); Latin America, 18 million; Africa, 15 million; North America, 12 million; and Australia, about 5 million (Gillette & Hamilton, 2011). The sea-level rise assessment, shown in Figure 1 below, shows the impact of SLR in identified local areas. In this regard, given the significance of the issue, those people identified to be accurately affected by the SLR should be slowly relocated and resettled to higher areas and locations through integrated efforts of the government agencies. These efforts were deemed â€Å"extremely costly process that could have a negative effect on the economies of many countries† (Gillette & Hamilton, 2011, p. 30); but lives are universally acknowledged as of prime importance and therefore, strategic measures must be instituted at the earliest possible time. Source: USGS map locator— http://store.usgs.gov/b2c_usgs/usgs/ maplocator/%28ctype=areaDetails&xcm=r3standardpitrex_prd&carea=%24ROOT&layout=6_1_61_75&uiarea=2%29/.do; cited in Gillette & Hamilton, 2011, p. 30 Gillette, B., & Hamilton, C. (2011, March). Flooded! An Investigation of Sea-Level Rise in a Changing Climate. Retrieved May 26, 2012, from www.cresis.ku.edu:

Equity and Trusts Essay Example | Topics and Well Written Essays - 1500 words - 1

Equity and Trusts - Essay Example If it is developed in the country where monarchy system is followed, then monks would be required to live in the property. Therefore it may be concluded that it is not necessary that the idea of Trust Law will always find its origin in the English system only1. In this paper different aspects of the contemporary trust law will be studied and the importance of the beneficiary in this law would be discussed. The Origin of the trust law The historical origin of the trust can be found in the so called crusades in which the English noblemen fought and were away from England for years. The noblemen were significant land-owners in England under the feudal land system. The problem arose as to who would be using the land and in what way when the noble men were out of the country. As a consequence the rule of equity recognized that the land left unused by the noblemen, who were unable to exercise their legal rights on the other, will be used by other men. So the equity recognized an arrangemen t where the right of the noblemen will be retained. The nobleman was regarded as the person who will have the ultimate beneficial right and the person who will be benefiting from this arrangement is known as beneficiary. In the absence of the nobleman, the Stewart who accepts the charge of the land is entitled to raise taxes on the land and so on. So in such an arrangement the nobleman passes their legal rights of the land to the trusted person referred as â€Å"trustee† but the ultimate beneficial right of the property remains with the nobleman who serves as the â€Å"beneficiary†. The core duty of the trustee is to stick to the terms and condition of the trust2.Therefore the â€Å"beneficiary† is referred to have the â€Å"equitable interest â€Å"in the property3. A major traditional practitioner’s Lewin gave the following description of trust. He defined trust as â€Å"a duty or aggregated accumulation of obligations that rest upon the person descr ibed as trustee. The responsibility bestowed on him is due to the property held by him under his control. The property is compelled by the court in the equitable jurisdiction to administer in the manner lawfully prescribed by the trust instrument or where there be no specific provision written or oral, or to the extent of such provision is invalid or lacking in accordance with equitable principle†4. Problem with the Law In California, people presented petitions and pleaded for justice to the Chancellor (the keeper of the King’s conscience) stating that the property given to the trustee for their benefit was mis-applied. So the court of Chancery built up two ideas: first, â€Å"the obligation of the feoffee to uses or trustee to hold the property for the benefit of the cestui que use or beneficiary†5 and second, â€Å"the right of the beneficiary to obtain the use of the property†6. Thus this notion backed that the trustee’s obligation with regard to the property was correlative to the beneficiaries’ right in it7. A major traditional practitioner Lewin argued that the consequence is such that the benefits and the advantages accrued will not go to the trustee and in turn will go to the person called â€Å"cestui que† that is the beneficiary. The trustee may be the beneficiary in the case where the advantage accrued will be in his favor to the extent of his beneficial interest8. Importance of Beneficiary The central tension in the Trust Law is regarding the

Business logistics Essay Example | Topics and Well Written Essays - 2000 words

Business logistics - Essay Example Zara’s contribution to the European fashion market sales account for a staggering two-thirds of Inditex’ total 9002 Million Euro, of which net profit was 1002 Million Euro.   1.1 THE EXISTING PROCESS AND LOGISTICS OF ZARA A team of designers in Zara is charged with the responsibility of spotting emerging trends in response to consumer demands. Valuable feedback from consumers is received from Store Managers also. The information collected by them on design, outlook and demand is transmitted through a wireless network. These inputs are used by the design Management team to develop the latest products for Zara,  (Sull, and  Turconi, 2008). ... The whole process of design and cutting takes about 10 days. After the prototypes are produced, they undergo a decision process wherein the management decides which of them will go into commercial production. This decision is made on the basis of a special algorithm and the conditions and demands in the market. Generally only about 40% of the prototypes become commercial products for customers. They are then returned to the manufacturing centers to enter the production chain, checked for quality control, and packaging,  (Sullivan, 2005). The ready material is moved to the automated distribution centre in  Arteixo, which is the main Distribution Centre with no storage facility. Logistics models assist the management in assessing the number of batches that should be delivered to the stores twice a week through shipments, which makes sure that the stores are not overloaded and are delivered as per their demands. A fleet of trucks reach out to places with overnight distances and char tered cargo flights are used for larger distances. The company squeezed its shipping models and decided to go with air cargo, so that flights can organize outbound consignment of all company products with return journey loaded with raw materials and half-finished products, (Burt, Dawson, and  Larke, 2003). Fig1: Complete Operations chain of Zara Fashions    Fig2: Outline of operations at Zara SECTION 2   This section presents the  advantages  /  disadvantages, SWOT, PEST analysis of Zara and evaluation of current operations and logistics at Zara.   2.1 Strategic Advantages Being different from traditional retails, its does not outsources its  operations  or products

Community nutrition program site Essay Example | Topics and Well Written Essays - 750 words - 1

Community nutrition program site - Essay Example It began over two decades ago when the local government expressed concern about the influx of refugees who by then fled their countries because of wars or political instability. The refugees came mainly from war-torn countries in Africa and other eastern European countries. The health problems of these refugees prompted the local council to set up this community center to redress these needs as well as nutrition needs. And more recently, the influx of refugees has been from Iraq. The website is a simple variation of the name of the council and the name of the province (www.ltvasmanland.se). According to the center’s website, its mission is primary healthcare provision. This mission is supported through dedication to play an active and pivoting role in the development, delivery, accessibility and promotion of primary health care in the community they serve. The center equally provides a work environment that is conducive to staff development, teamwork and flexibility to optimiz e cost effective performance with quality health services to ensure continued financial stability. The centers health services are designed such that people are served in the context of their community, family and culture; and do not allow for language or economic barriers to dictate on who benefits from the community center. As a channel for community well-being, the center is a collaborative participant in the quest for the continuous improvement, with and underlying mission to provide and accessible and affordable community-health care that is reflective and responsive to its community. The purpose of the website created is to enhance its awareness as well as make it more accessible to the community it serves. It also serves to give accessibility to other organizations who could want to know more about the center and make donations. The population served by this center is the disadvantaged in the local community, as well as asylum seekers who have left their country as a result of war

Mississippi Burning Essay Example | Topics and Well Written Essays - 750 words

Mississippi Burning - Essay Example As a result, the defendants were tried in state and local court systems, where local influences had a significant effect on the outcomes of the verdicts. In light of the nation's current legal status on domestic terrorism, and society's modern view of the intimidation of an entire population, the acts of the KKK in Mississippi Burning went beyond the line of mere criminal activity and would today qualify as domestic terrorism, while the FBI simply acted with a lack of ethical behavior. One of the ways to differentiate domestic terrorism from criminal activity is the motivation for committing the act, and the KKK in Mississippi Burning clearly fit the definition of terrorism from this aspect. The KKK was targeting the African-Americans' right to vote, a political right. They were not targeting an individual for revenge, or taking an action for economic gain. Their actions were designed to frighten a population and entire society out of exercising their constitutional right to vote. In one segment they expressed their anger at Jews, Catholics, Turks, and Orientals. When the Preacher gave his sermon in the church, he professed a declaration of war against a people. It was not the de-politicized act of a criminal, but was designed to inflict fear and incite violence against random targets in a larger population. By the modern definition, this would qualify as terrorism and clearly fits today's definition. Another aspect of the KKK's actions that qualified them as terrorists was the fact that it was perpetrated by an organized group that had terrorism as an agenda. The FBI has stated that "special interest extremism" has "emerged as a serious terrorist threat" (Jarboe, 2002). The involvement of a group increases the potential threat by giving individual members increased motivation, some degree of anonymity, and an escalated sense of moral justification. In Mississippi Burning, there were cases of blowing up a house, attacking a general store, and chasing the three victims at night with a violent convoy. These actions were taken as a group. Though the individuals were ultimately held responsible for their involvement, the group was guilty of encouraging and inciting the level of violence. When the FBI violated the rights of the citizens and terrorized the man in the barbershop, this was the act of an individual agent, and not authorized by the group. The further use of KKK sympathetic law enforcement officers to participate and chase the victims was another factor that defined it as terrorism. The fear and inability of the African-Americans to get protection or justice was increased by this factor. The involvement of law enforcement, the group mandates and proclamations, and the common agenda of the group all contributed to escalation of random violence directed at an entire people, and the terror that they inflicted upon innocent victims. Critics will contend that constitutional rights protect the KKK and its actions are pro-white, rather than anti-minority. They will argue that the KKK was simply responding to the pressure of the FBI and their tactics. White (2008) contends that "its acts of violence have tended to be retaliatory rather than symbolic". However, the lynching of an innocent man, their mandate of White Nationalism, and the random attacks of violence

Community nutrition program site Essay Example | Topics and Well Written Essays - 750 words - 1

Community nutrition program site - Essay Example It began over two decades ago when the local government expressed concern about the influx of refugees who by then fled their countries because of wars or political instability. The refugees came mainly from war-torn countries in Africa and other eastern European countries. The health problems of these refugees prompted the local council to set up this community center to redress these needs as well as nutrition needs. And more recently, the influx of refugees has been from Iraq. The website is a simple variation of the name of the council and the name of the province (www.ltvasmanland.se). According to the center’s website, its mission is primary healthcare provision. This mission is supported through dedication to play an active and pivoting role in the development, delivery, accessibility and promotion of primary health care in the community they serve. The center equally provides a work environment that is conducive to staff development, teamwork and flexibility to optimiz e cost effective performance with quality health services to ensure continued financial stability. The centers health services are designed such that people are served in the context of their community, family and culture; and do not allow for language or economic barriers to dictate on who benefits from the community center. As a channel for community well-being, the center is a collaborative participant in the quest for the continuous improvement, with and underlying mission to provide and accessible and affordable community-health care that is reflective and responsive to its community. The purpose of the website created is to enhance its awareness as well as make it more accessible to the community it serves. It also serves to give accessibility to other organizations who could want to know more about the center and make donations. The population served by this center is the disadvantaged in the local community, as well as asylum seekers who have left their country as a result of war

Political science Essay Example | Topics and Well Written Essays - 1000 words - 12

Political science - Essay Example This paper assesses the success and shortcomings of the Oslo process from the Israeli point of view. This will help to learn lessons, which can be adopted in future political processes between Israeli and Palestine. In order to assess the success and shortcomings of the Oslo process from the Israeli point of view, it is important to consider the national goals of Israel. According to Brom (92), the national goal of Israel is to have full Israel sovereignty over all parts of the historical land of Israel. Basing on this, it can be argued that the Oslo process failed, since it contradicted the main national goal of the Israelis. This process then, according to Israelis, was flawed. It was quite clear that in order for the Oslo process to ensure an agreement between the Israelis and Palestinians, the territory of the historical land of Israelis had to be divided between the Palestinians and Israelis. In addition, the national vision of Israelis to ensure the existence of Israel as a democratic nation state of the Jewish people. Therefore, Israel expected that any political process with Palestinians would be based on their principle of two states for two peoples (Brom 93). However, this vision is considered unrealistic, and today, Israel is far away from achieving this vision. Nonetheless, the Oslo process failed in ending the status quo. Today, Israel is still pushing towards the achievement of a bi-national state, as it still retains the West Bank, and continues to expand its settlement enterprise. The Oslo process did not ensure the security of Israel. During the process, Israel had to take security risks. For instance, when Palestinian labourers were allowed to work Israel, this was a security risk to Israel (Brom 95). It is also believed that the Oslo process encouraged the Palestinians to embrace violence and resist the occupation of Israeli through armed protests. Therefore, the Oslo process gave the

Investment Appraisal Report Example

Investment Appraisal Report Example Re: Investment in Kingfisher Plc Following our conversation earlier, I have prepared a report into Kingfisher Plc to help you with your investment decision. I have split this report into two sections, to help you analyse the company’s financial management practices and also to determine what represents a fair price for the company’s shares. As we discussed earlier, when making any investment it is vital to consider the financial management policies and practices of the company. These include what the company invests in; how these investments perform; how the company raises funds to invest; and how the company treats its profits. As such, the first part of this section will address these four sections in turn, and how these affect the performance of the company. The second section will address the fair value of the shares of the company. This is because, whilst the company may perform well, if the shares are purchased for more than a fair value, based on the company’s ability to earn, they may not provide a good return to an investor. I hope this report will be of interest to you, please let me know if you have any questions about any aspects. Part A)  Financial Management Investments Kingfisher’s primary investment over the past five years has been in tangible assets, such as property, plant and equipment, which have made up over fifty percent of total assets over the past five years. The majority of the remaining assets are composed of goodwill, with small amounts devoted to pension plans, financial derivatives and other intangible assets. This can be seen in the table below: Table of non current asset values for Kingfisher Group Plc (all in  £ millions) Assets 2003 2004 2005 2006 2007 2008 Property, Plant and Equipment 3041 2781 3032 3265 3211 3698 Goodwill 2652 2455 2463 2559 2552 2532 Other Assets 309 146 289 354 380 532 (Source: Kingfisher, 2008) The main trend in the assets of Kingfisher has been a steady rise in the value of property, plant and equipment as well as other assets. The main change in the other assets is a rise in the level of post employment benefits; deferred tax assets; and derivative financial instruments, which were not on the balance sheet in 2003 but have a total value of over  £200 million in 2008. In addition, the drop in all values from 2003 to 2004 is a result of the disposal of the Chartwell Land property portfolio, which resulted in a reduction in the value of all asset classes due to the transfer of goodwill associated with the property sold. From 2004 onwards, the company has engaged in a significant expansion program based on organic growth and the opening of new stores. This has naturally increased the value of the total property, plant and equipment; with a small drop in 2007 where the company disposed of some of its less profitable stores. This balance in assets is largely expected because Kingfisher is a retail group, operating stores such as BQ, Screwfix, Castorama, and Brico Depot. As such, the group’s main source of income comes from sales from these stores; hence these stores are the most valuable asset the group owns. In addition, the company maintains a diverse portfolio of businesses across the UK, France and other countries including the Republic of Ireland, Poland, Italy, Spain, Turkey and China. In order to operate in these countries, the group needs to own assets such as stores, offices, and distribution networks. This further increases the percentage of total assets which will be taken up by property, plant and equipment. With regards to the level of goodwill, this became quite high prior to 2003, but has stayed quite constant over the period of the study. This indicates that a significant proportion of the business’ assets have been purchased for more than their book value. This is possibly how the group has managed to obtain such a large portfolio of businesses, and particularly how it has managed to ensure that all of its businesses are in the top three of the domestic markets. However, over the period of the study, the group has not experienced a significant increase or decrease in the level of goodwill, which implies that it has not significantly expanded its portfolio through acquisitions, and the majority of the increase in the value of the total assets has come through organic growth or purchases at close to book value. This is slightly complicated by the group’s goodwill policy, which makes an assessment of the ability of acquired businesses to generate cash each year, and amort ises the level of goodwill to compensate. As such, it is possible that the group has invested a significant amount in buying new businesses, and the value of the goodwill from these businesses has since fallen. However, the annual reports mention that new stores are being opened, not bought, which implies that the group’s expansion policy is to open new stores, rather than acquire existing ones from competitors. Investment appraisal Investment appraisal is generally done on a per project basis, with a company projecting the cashflows, both positive and negative, associated with a project; and then calculating whether the net cashflow will be positive or negative, and by how much. This value can be calculated based on either the absolute value of the cashflows, or on the discounted value of the cashflows which takes into account the fact that cashflows occurring in later years will be less valuable due to inflation and other factors (Knott, 2004). However, when considering an investment in Kingfisher, this methodology is not appropriate, as the company is a continuous operation with no definite start or end point. Indeed, all the new stores the company opens are intended to remain operational for the foreseeable future, hence making it very difficult to calculate their rates of return and net present values. Whilst the company will undoubtedly have an internal method for doing this, perhaps taking the cashflows f or the first five years of operations, this method is not detailed in the annual reports. Nor does Kingfisher reveal details of the exact costs of the investment into stores or their cashflows in the annual reports, thus making it impossible to attempt such an analysis with the available data. As such, it is necessary to analyse the performance of Kingfisher’s overall business, from the point of view of an investor looking to buy shares. As such, the initial purchase of the shares represents the initial investment, and the return made on these shares can be taken to be the future cashflows for the purposes of the analysis. On this basis, it is necessary to look at the annual returns provided by Kingfisher, as well as the change in the value of the shares (Lumby, 1994). Kingfisher annual share price from May 2003 to May 2008 Date Closing Price 27/05/2003 257.25 27/05/2004 285.5 27/05/2005 259 26/05/2006 235.75 25/05/2007 252.75 27/05/2008 138.1 (Source: Yahoo Finance, 2008) Kingfisher earnings per share from 2003 to 2008 Year Earnings per share 2003 16.4 2004 17.4 2005 20.8 2006 12.2 2007 11.8 2008 11.7 (Source: Kingfisher, 2008) As can be seen from these graphs above, Kingfisher’s share price and earnings per share have both fallen over the period of the study. As such, one share purchased for 257 pence in 2003 would be worth just 138 pence in 2008, and the total dividend earnings per share would be just 90 pence. As such, the total return from an investment of 257 pence would be only 228 pence. This implies that an investment in Kingfisher over the past three years would have performed very poorly, with a return of -12.7% over five years, even without considering discount factors and net present values. Indeed, given that the positive cashflows have occurred after the negative cashflows, any investment in Kingfisher would have a negative net positive value for any positive discount factor. In addition, the earnings per share have fallen from 2003 to 2008. Within the period of the study, earnings per share rose from 2003 to 2005, before falling sharply between 2005 and 2006 and then remaining relatively constant. This fall is specifically mentioned in Kingfisher’s 2006 annual report as being due to a significant fall in profits from the UK market, which was driven by â€Å"rising energy costs, higher taxes and pension contributions and [consumer] confidence has been affected by a weaker housing market† (Kingfisher, 2008). This implies that Kingfisher’s investments in the UK have performed poorly over the past three years, and indeed the 2008 annual report shows that the UK investments have further weakened against the background of the global â€Å"credit crunch†. Whilst the credit crunch has affected all markets around the world, Kingfisher specifically points out that the high level of debt in the UK has created even more problems for consu mers, who have less money to spend as their debt payments have risen. As such, Kingfisher’s investments in the UK, which account for around 47% of the group’s total revenue, are unlikely to improve their performance in the near future. Sources of funding Kingfisher main sources of funding All in  £ millions 2003 2004 2005 2006 2007 2008 Total long term debt 1528 744.9 828.3 1255.5 1432 1620 Total equity 4463 4407 4387.3 4320.4 4421 4724 (Source: Kingfisher, 2008) Kingfisher is strongly dependent on equity as a source of funding, with total shareholder’s equity making up at least three times as much of the funding as long term debt. Short term debt has been excluded from these calculations, partly because short term debt appears to be used only to settle any cashflow issues, and partly because prior to the 2006 accounts short term debt was not declared separately from trade payables. As such, it would be impossible to compare short term debt across the entire period. It is worth point out that the decrease in debt from 2003 to 2004 is largely due to the sale of the Chartwell Land property portfolio mentioned above. The proceeds of this sale were largely used to reduce the level of long term borrowings, thus resulting in a significant drop between 2003 and 2004. However, following this sale, when the debt to equity ratio fell to just 0.17, the amount of debt has risen steadily, to the point where it reached 0.34 in 2008, the same level as in 2003. This rise has been accompanied by a small rise in the level of shareholder equity, but not to the extent that the total asset value has risen as seen in the investments section above. This implies that the store expansion and refurbishment programs mentioned throughout the Kingfisher annual reports during the period of the study have been funded largely by debt. This has caused the company’s debt to equity ratio to rise quite significantly over the period of the study, which has more than doubled the debt to equity ratio. This significant increase in the debt to equity ratio could be a cause for concern, as it potentially places a higher debt burden on the company which must be serviced from profits. As such, if the company’s fortunes continue to suffer due to the effects of the credit crunch, the company may have difficulty paying its debts and may suffer liquidity problems. However, in the 2008 financial statements the net finance costs on the debt are just  £62 million, whilst the operating profit is  £453 million. As such, the company can cover its interest more than seven times from profits, which means that this rise in the level of debt is not currently a significant concern. Of course, running counter to this is the fact that the global credit crunch is expected to increase the effective rates of borrowing, which could increase the interest payments as well as reducing the long term levels of consumer spending. As such, it is possible that the credit crunch will continue to reduce K ingfisher’s profits whilst increasing the interest cost, thus potentially creating financial troubles in the next few years. This potential issue is compounded by the fact that the company capitalised  £1 million of borrowing costs in 2007, and a further  £3 million in 2008, which may indicate issues in paying these loans out of profit. The major sources of debt finance for the business at the current time are medium term notes and other fixed term debt, which make up  £1,436 million of the debt. These have been placed on markets in the UK, Eurozone and United States and have raised capital at a net cost of between 4.1% and 6.9%. As such, the company has relied on non convertible loans raised on public markets. The majority of the remainder is made up of non secured bank loans. This indicates that, even if the company should encounter financial difficulties, it will not necessarily lose any of its property or have its equity diluted by convertible loans. Treatment of profits and dividend policy Year 2003 2004 2005 2006 2007 2008 Dividend per share (pence) 9.5 9.65 10.65 10.65 10.65 7.25 Earnings per share (pence) 16.4 17.4 20.8 12.2 11.8 11.7 (Source: Kingfisher, 2008) From 2003 to 2005, Kingfisher’s dividend grew by a reasonable amount, although this was not proportional to the increase in earnings per share over the period. This indicates that Kingfisher was using partly using the increase in earnings to boost the dividend, but mainly using it to build up the volume of reserves, pay back debt, and expand the company. As a result of this, the company allowed its earnings per share to rise by more than the level of the dividend. Following the decline in the UK market from 2005 to 2006, and the subsequent fall in the earnings per share for the company, Kingfisher attempted to maintain its dividend at 10.65 pence per share in spite of the fact that this left very little retained earnings. However, in 2008, following a significant fall in the share price, the dividend yield has also fallen to 7.25 pence in spite of the earnings per share remaining at the same level as in previous years. This implies that the company is now encountering difficul ties maintaining its dividend yield at this level, and thus is having to drop its dividend in order to accumulate further reserves. Unfortunately, there is no detail in the Kingfisher accounts around exactly why this reserve is being built up. However, it is interesting to note that the reserves have now been built up to the  £2.2 billion mark, after being maintained at around the  £1.9 billion mark for the period from 2005 to 2007. This may indicate that the company feels that the tough trading conditions will continue for some time, and hence there may be a need to retain more earnings to help cover interest payments in the future. Another potential explanation is that, as a retail company owning a significant amount of property, plant and equipment; Kingfisher has a significant level exposure to the property market in both the UK and France. As such, the company may feel that, with the property markets in the UK and France showing signs of weakness due to the credit crunch, there may soon be a need to revalue the property portfolio in each of these countries. Therefore, the reduced dividend and increase re serve may be an attempt to boost the equity and net asset value of the company in order to protect the value of the company against such a fall. However, the balance sheet tends to reveal a different potential explanation. The rise of  £300 million in the value of the reserves of the company has occurred at the same time as a  £300 million rise in the value of the inventory held by the company. This could be due to the fact that cost price inflation is significantly boosting the cost of inventory and the price of sales, and hence has increased the value of the inventory held by the company. However, the annual report indicates that cost price inflation for the company was just 4% over the previous year. As such, this cost price inflation is unlikely to have created a  £300 million rise in the value of inventory, which is a 20% rise in the total value of inventory. This implies that the rise in the value of the inventory is for another reason, potentially due to a lack of sales or by overbuying of replacement inventory. As such, this does not indicate that the company is making the best use of its profits, nor that it is efficiently pursuing a goal of maximising value for its shareholders. Part B) Fair Value When attempting to assess whether the current share price of Kingfisher Plc represents a fair value for the company, it is necessary to look both as the share price and the market capitalisation; which is the total market value of all the shares. This price is determined by the shares traded on a stock market where brokers buy and sell shares on behalf of their clients. For Kingfisher, the stock market is the London Stock Exchange, and Yahoo Finance (2008) quotes the current share price of the company as 128.2 pence. In addition, the 2008 annual report states there are 2,361 million shares outstanding. This gives the company a total market capitalisation of  £3.027 million as of the 18th August. One potential method of calculating the fair value of the company is through the net asset value of the company. This is because, provided the company can sell all its assets and pay off all its liabilities at their book value, it will realise its net asset value in cash. In addition, in theory the shareholders own a share of the net assets of the company equal to their share of the market capitalisation. Therefore, if the market capitalisation of the company was equal to the net asset value of the company, the share price would be at a fair value. For Kingfisher, the net asset value in the 2008 financial statements is  £4,724 million. This implies that a fair value for the market capitalisation would also be  £4,724 million, which is around 56% higher than the current value of the shares. This would further imply that a fair share price for the company would be 200 pence. However, this method is somewhat flawed because it assumes that all assets can be sold for fair value and al l liabilities can be settled at fair value. In reality, the only time when all assets and liabilities will be sold is if the business is wound up under bankruptcy or liquidity problems. As such, assets are most likely to be auctioned off by the creditors and shareholders are unlikely to receive a fair value for them. Indeed, assets such as inventory are often sold at less than ten per cent of their market value. As such, this method is likely to be unreliable, particularly for a business with such a large volume of inventory (Lumby, 1994). Another method of calculating the potential fair value of a company is to use the value of net earnings and compare this value to the historical price / earnings ratio to work out what the current fair price should be for the shares. Based on this method, the average price / earnings ratio of Kingfisher has been 16.18 over the past five year period. Year 2003 2004 2005 2006 2007 2008 Average Earnings per share (pence) 16.4 17.4 20.8 12.2 11.8 11.7 15.05 Share price (pence) 257.25 285.5 259 235.75 252.75 138.1 238.0583 Price / Earnings Ratio 15.68598 16.408046 12.45192 19.32377 21.41949 11.80342 16.1821 Applying this to the earnings per share over the past year of 11.7 gives an estimate of the fair value of the share price of 189.33 pence: this is 47% higher than the market value of the shares. As such, this also implies that the current market value of the shares is too low. However, valuing the company on this basis is also flawed, in that it assumes that the company will maintain its past performance, and that the past performance of the shares has been efficient. Indeed, for Kingfisher this is arguably even less of a relevant method by which to judge the shares, as Kingfisher is currently suffering significant problems in its main UK market. Therefore, attempting to value the company based on its past valuations assumes that the company is still performing as it did in the past, something which is arguably not the case. In addition, with many predicting that the Kingfisher’s UK market will continue to shrink, it is possible that the company’s ability to generate ea rnings will be further impaired, and its earnings per share ratio will fall below its average (Lumby, 1994). As such, and given that there is significant uncertainty over the future value of Kingfisher’s assets and liabilities as well as the ability of the company to generate earnings, it is difficult to come up with an analytical method for calculating the fair value of the company. Therefore it is necessary to use the efficient market hypothesis when attempting to value the company. This hypothesis is based on the view that the market produces the fair value of the shares of the company using all available information. As such, the market should already have priced in the potential for Kingfisher’s properties to decrease in value and the potential for the company to be unable to make as much money in the future. This is based on the argument that the market as a whole has access to all the information available, and also has experience in reading and judging signals regarding the value of a company. As such, if Kingfisher were currently trading at too high a price, people wo uld sell the shares until the value moved to a fair value. In contrast, were the company currently trading at too cheap a price, participants in the market would buy the shares until the value was driven up to a fair price. As such, the efficient market hypothesis implies that the current fair price for the Kingfisher shares is the price at which they are currently traded on the open market. Therefore, the fair price of the shares is 128.2 pence. However, the efficient market hypothesis is based on markets only being able to act on available information. As such, it is possible that there is a fundamental problem with Kingfisher which will affect the share price but which is not included in the publicly available information. In addition, the market price for the shares can be driven by factors such as investment banks buying up shares, or takeover rumours. Therefore, in the short term the market value of shares may not reflect their fair value, as the market may not have all the information or may be being driven by other factors. However, in the long term, the professional analysts who are employed by many of the banks and investment funds which buy and sell shares will be best able to value the share s, and hence the best estimate of the fair value of the shares is their current market value: 128.2 pence. References Kingfisher (2008) Kingfisher Plc. http://www.kingfisher.co.uk/ Accessed 16th August 2008. Knott, G. (2004) Financial Management. Palgrave MacMillan. Lumby, S. (1994) Investment Appraisal and Financing Decisions. Thomson Learning. Turner, G. (2008) The Credit Crunch: Housing Bubbles, Globalisation and the Worldwide Economic Crisis. Pluto Press. Yahoo Finance (2008) Kingfisher Share Price Chart. http://uk.finance.yahoo.com/q/bc?s=KGF.Lt=5y Accessed 18th August 2008.