Saturday, August 31, 2019

Locke and Human Nature

Both Hobbes and Locke see human nature differently, Hobbes sees people as being run by selfishness whereas Locke says that people are naturally kind. In our state of nature, Hobbes says we have no rights but Locke suggests that we have natural rights Hobbes shows that humans are naturally evil that lays down the groundwork for his form of government. Hobbes and Locke’s theories differ greatly beginning with their views of human nature. Hobbes suggests that people are naturally, solitary, poor, nasty, and brutish. He also says that without authority mankind is selfish and egotistical. John Locke, on the other hand, sees people as being peaceful in their nature state. These different points of show how they formed their theory of the state of nature Hobbes’ theory is a pessimistic look at human being and the way they act around each other but Locke’s theory suggests that people are more easy-going and peaceful towards each other. As we see in the news daily, people are often cruel and inhumane, and we also see kinder people in everyday life. We see people who give up their own personal pleasure so they can serve others. But these people are far and few between, it becomes quickly obvious that humans are drawn towards self-happiness Acording to Machiavelli and Locke Despite their contradictions on â€Å"sovereignty†, John Locke and Niccolo Machiavelli shared one conspicuous concern, and that is their concern for the betterment of society. It is plain to see that both philosophers did have common ways of thinking regarding what a ruler should and should not do. It is ‘how' a ruler should behave in order to win sovereignty of his state that led to a divergence in their opinions. Machiavelli and Locke both considered the nature of government and man's individual interests as they relate to governmental structures. Machievelli's idea of fortune and Locke's ‘state of nature' concept both shaped the theorists arguments about the purpose of political life. It has been posited that for Machiavelli, politics is an unpredictable arena in which ambition, deception and violence render the idea of the common good meaningless, while Locke would argue that political or civil society exists only to preserve the rights of the individual. It can be argued that for both Machiavelli and Lock, political activity, then, becomes merely a means of satisfying selfish ends.

Friday, August 30, 2019

Learning Goals and Their Impact on Performance

At the same time, personality and dispositional goal orientation are iintegrated through a hierarchy of goals where personality is associated with higher order goals (values), which affect intrinsic motivation. The link to performance is hypothesized through the impact of goal orientation. Under a performance orientation, individuals are less likely to increase effort when they encounter difficulty because they assume that if they do not possess the ability to solve the situation, an increased effort will do little to help. This lack of effort when facing challenge is likely to depress their performance.On the other hand, under a learning orientation, individuals will experience an adaptive pattern and they are more likely to increase effort when encountering difficulty and this effort is likely to increase performance. Short Description A model evaluates the influence of distal factors, such as culture on individuals? dispositions to adopt either learning or performance goals with p erformance. The paper presents several hypotheses on the influence of cultural dimensions, dispositional goal orientation, and individual performance.Keywords Cultural Values Goal Orientation Organizational Behaviour Human Resources 5 Goals and Performance of Global Firms Personality and Culture: Learning Goals and Their Impact on Performance of Global Firms Much research in organizational behavior has often ignored the impact of national culture on the individual (Boyacingler and Adler, 1991). This is not surprising since national culture’s influence in organizational behavior occurs at such a deep level that people are not usually aware of its influences (Triandis, 1983).For example, even though it is clear that values and goals of societies differ, most theories on work motivation have been made in the US with a US perspective (Boyacingler and Adler, 1991). This may encumber the generalizability of some of these motivation theories to a global environment because, as Hofst ede (1980) affirms, even when some principles in motivation may be almost universal, the way managers implement them depend on individual differences in values and goals.These differences are determined by local conditions (Hofstede, 1980), and can be analyzed through the predominance of specific cultural dimensions. This paper contributes to fill the void of culture in many motivation theories, and considers the influence of cultural dimensions on intrinsic motivation, specifically, how cultural dimensions may influence an individual’s goal orientation. Culture and mid-range theoriesLytle, Brett, Barsness, Tinsley, and Janssens (1995) suggest some guidelines for the study of how culture can affect mid-range theories like goal orientation: The first step includes the development of a functional definition of culture and its dimensions, then the identification of a mid-range theory, in this case goal orientation within intrinsic motivation, and finally, the generation of speci fic hypotheses about why and how those cultural dimensions will influence goal orientation.

Thursday, August 29, 2019

A Problem Of Rivarly Through The Advertising

A Problem Of Rivarly Through The Advertising Is competitive advertising a good way to present your advertising of your product to the public? Diagnosis of the problem The problem is that the companies compete with each other through advertising and in the advertising they tend to criticize their competitors. Comparative advertising. When they start advertising in this way the start a chain reaction. The first company makes the first advertisement which criticizes the second company and they will react on this with a lawsuit. The third company will profit from this with their own advertising and lawsuits. And this results in bad advertising and a lot of lawsuits. If you look at this case you see that Burger king started with a comparative advertising. Burger King compared their hamburger with the hamburger from Mc Donalds. Mc Donalds reacted with a lawsuit. This gives Mc Donalds and Burger King free publicity witch resulted in Wendys reacting with their own lawsuit. Although this war of words give the companies free publicity it also creates negative publicity. The lawsuits also generates bad publicity and will reverse the effect the advertising had in the first place. The lawsuits creates costs which results in a higher selling price for the costumer. The costumer will not appreciate this and will buy less hamburgers (in this case). Which result in less profit for the company. In this case the companies in the end profited from the advertising war. But as I said in the last paragraph this is not always the case. The three companies showed an increase in sales after everything was over. People say that bad press is better than no press at all. After this case you can ask your self the question whether the companies had planned this war of words. I think that this is possible but highly unethical. I think that it is unethical because you mislead the customer. They get fooled by the information put forward by the fast food companies. In my opinion companies should be honest and ethical in their promotion. This is not the case here. I think it is not ethical to criticize a product from another company to promote your own product. Competitive advertising is in my opinion not the best way to advertise the product. I think that advertising should be positive. If you compare your product to that of an other company you give the advertisement a negative ring to it. You say that you are better that the competition. But you make the customer think about the competition at the same time. It is better to use only your own product and promote it through advertisements focusing on your own company and product. A positive advertising has more effect on the public than a negative one. In Belgium it is not yet allowed to use comparative advertising. This is with the intention to protect consumers but also competitive companies against unlawful advertisements. In Belgium it is seen as unethical and misleading to use comparative advertising. This is why something like the hamburger wars would not occur in Belgium. In Belgium they use positive advertising to promote their products. Fast food in Belgium Fast-food restaurants are defined as restaurants that are specialised in food that may be prepared and served quickly. Fast food is designed for ready availability, use or consumption. Food such as hamburgers, pizzas or fried chicken, that is prepared in quantity by a standardised method and can be dispensed quickly at inexpensive restaurants for eating there or elsewhere , are usually recognised as fast-food restaurants. Next to that we also consider the traditional Belgian Chips shops and the healthy fast-food restaurants as major competitors for Burger King. Sandwich bars (e.g. Panos), soup bars, Asian or other foreign food (e.g. WokAWay, pita, pizza, Thai or Chinese etc ) are getting more and more popular in Belgium. Still Mc Donalds and Quick would remain the biggest competitors in the fast-food industry of Belgium. Both of them are strongly present in Belgium, Food is a major component of the Belgian culture. This is evidenced by the fact that they spend about 20 percent of their disposable income on food and beverages. The Belgian fast-food franchising market is growing at an estimated annual rate of about 10 to 12 percent. Beside that, this sector is also one of the fastest growing sectors in Belgium (from 1997 till 2001). The fast-food concept is now beginning to provide an alternative format, especially for the lunchtime consumer, tourists and those on tight budgets. Strengths Mc Donalds Leader in Europe Ranked as 2nd in the hamburger market in Belgium. Mc Donalds restaurants highest concentrations are in the Flanders and the Brussels Central regions. Nowadays there are 56 restaurants in Belgium, of which 55 are local franchised (with a 24 franchise- owners in total). Play centres for young children Fast and friendly service, clean facilities, good food and an affordable price A strong brand image in the local community Environment-friendly (clean restaurant in-outside/ minimum fragrance and noise/ recycling, well checked detritus oil) Global knowledge Varied menu (hamburgers, salads, ice-cream, Mc Veggie, Happy Meal) Drive-in, Take-away Quick Market leader in Belgium and France The GIB Group has surpassed its original goal of having one Quick per one hundred thousand people in Belgium or one hundred Quick outlets for the Belgian population of ten million. Now 105 outlets. Quality of the ingredients (fresh bread, no genetically modified ingredients,) Application of the severe norms concerning food safety Respect for the environment (e.g. packaging) Total transparency against his customers A know-how in service for co-workers and partners Varied menu Quick Express service, which is a revolutionary concept that involves selling hamburgers on the streets to pedestrians Many Quick restaurants are located in the parking lots of hyper- and super-markets of the GIB group (GB) The use of Belgian meat for the hamburgers The benefit from their strong reputation of being Belgian Weaknesses Mc Donalds Has been a target for animal rights demonstrations over the past few years Has been the focal point of these economic frustrations resulting in protests, acts of vandalism Quick Only represented in few European countries and a few non-European countries (Belgium, France, Luxembourg, Hungary, Morocco, China) No/low market share (except in Belgium and France) No really relevance in international experience Opportunities Mc Donalds In the next two to four years: multiply the current 64 restaurants to over 100 this implies the creation of 3,600 new jobs. They want to be more present in Belgium in the future, with 70% of McDonalds new investment in the Flanders region. Quick Advertising stunts / promos (free Maxi menus for everybody who comes in cowboy outfit including horse) New receipts for the next years Cooperation with Kinepolis (Reduction for Kinepolis members) The Belgian retailer GIB is researching several options concerning the future of its fast food chain of restaurants Quick. GIB owns 57.9 % of Quick, and is reportedly looking for a strategic partnership for its ailing chain. GIB is considering several options: it could be an operational partnership, or a financial partnership, or even one that offers both aspects. Several names of other fast food companies are already circulating, including those of Wendys and Burger King of UK-based drinks giant Diageo. Threats Both will deal with the following threat ; growing fast food franchising. More and more fast food restaurants will have possibilities (opportunities), not only the hamburger restaurants. Mc Donalds Quick is market leader in Belgium with 105 outlets Mc Donalds had planned to have one hundred restaurants by the year 2000. But because of a combination of high real estate costs combined and significant difficulties in obtaining site permits this has not happened. The big obstacle remains the one of the labour cost issue. In labour intensive restaurants, the problems of job classification and minimum wages have the effect of increasing labour costs. Quick No awareness outside Belgium, France and Luxembourg No/low market share (except in Belgium and France) Less financial vehicles then their competitors Difficult years till 2002 (different years of crisis). 2002 was the year of recovery Despite the fact that Quick is the largest hamburger chain, American companies have set the pace in the Belgian fast-food market. Fast-food only represents about 5 percent of restaurants sales, which means that the Belgian fast-food sector still lags behind many of its European neighbours. This could be seen as an opportunity for expansion, as Belgium diversifies its traditional eating habits influenced by increased population mobility in a changing Europe. Next to that, Belgium has one of the highest percentages of inbound franchises as a proportion of franchise systems in the European Union, which helps to contribute to the strong competition present in the fast-food sector. Although the most popular fast-food items are hamburgers and pizzas, Belgians continue to have more healthy eating habits. There is a preference for sandwiches, soups, etc This is a result of the dioxin crisis of 1999; Belgians remain septic about food in general. Beside that Belgians are open for new eating concepts and are willing to support new fast food concepts. As the Belgians are having less time for lunch, a quick meal could be the ideal solution, taking into account their preferences. Articles promoting the health problems linked to fast food may have an important impact on social behaviour of the Belgian population (e.g. obesity, illness,). These well-known health problems are not really relevant for the Belgian consumer, because it is fact that the American eating behaviour is different from the Belgians, e.g less fat products, smaller portions, not as frequently visiting fast food chains. Also, Belgians are quite sensitive to the quality of food in general because of previous health dramas the last 4 years (BSE, Bird-plague, etc). It is important that people wont loose their faith in our quality labelled food. Environmental concerns are growing in Belgium; hence foods packaged in earth-friendly biodegradable materials make up a growing segment of the market. Next to that it is important for restaurants to state that the food they offer is not made from genetically modified ingredients. Operational problems increase because it is difficult to obtain planning permissions and licenses in Belgium. The labour costs are also excessively high. This results in a big disadvantage because fast food restaurants are labour intensive. It is of high importance to notice that Belgians believe in their Belgian national pride (as they are a small country). Belgians tend to perceive the United States as a culturally imperialist country. The biggest chance for a hamburger chain to enter the Belgian fast food market would be, offering a value added product in this market. Making each burger according to the customers wishes might appeal to this necessity. By doing this they distinguish themselves from other already existing chains like Quick and McDonalds Two possible niche markets might work; hamburgers at home and hamburgers booth on wheels for festivals (concept of hot-dog booth). This because home delivery is a service well accepted by the Belgians. Secondly, because Belgium is a festival country (Gentse Feesten, Rock Werchter, Beachrock, Pukkelpop, ). The two possibilities can give an added value to the fast food concept, taken into consideration that, extra precautions and new equipments will be necessary. Another possibility is positioning the hamburger restaurant near or at a petrol station or a railway station. The investigation ordered by Rik Daems, minister of Telecommunication and Government Organizations, pointed out some economical facts which might be of interest. One of this is the increasing importance of petrol stations within the Belgian out-of-home-market. The petrol stations are within that market one of the fastest growing segments. Shops, annexed to petrol stations have become strong values within the food service landscape. In these shops, the traditional assortment became broader with more (fresh) impulse articles that anticipate on the on-the-move eating behavior of actual consumers. (Bake-off, pizza, ) Belgium has one of the highest percentages of inbound franchises as a proportion of franchise systems in the European Union, which contributes to the strong competition present in the fast-food sector. Nowadays, Belgium has a high unemployment rate. This might be an opportunity for a new hamburger restaurant, knowing that each restaurant creates new job opportunities inside the region where it would implement (about 70 employees/ restaurant). There are three reasons why I think it is not a good idea for a new fast-food chain to enter the Belgian market. First because Quick and Mc Donalds are the key players in the hamburger market in Belgium. Second, the Belgian market is relatively small compared to other European markets such as Germany or the UK. Third, there are already too many fast food opportunities in Belgium. Nevertheless, if I really would like to play a significant role in the Belgian fast food market, I should think about some methods of strategy development. I could choose between internal development, M A or joint developments and strategic alliances. Mergers and acquisitions are out of the question, I assume that the key players, Quick and Mc Donalds, are not willing to give up their brand name to me a new fast-food restaurant. Joint developments and strategic alliances can be considered. My main reason for this strategy is the cost/risk spreading. The Belgian fast food market is very competitive and difficult. Therefore, I think that I should establish a joint venture, strategic alliance or partnership with other fast food chains in Belgium, e.g. with Panos or Carestel. Panos is present in the Belgian railway stations, known as Panos rail. Since there are just a few hamburger restaurants in the stations, it is an opportunity for me to be the first hamburger chain to be large-scale present there. Carestel, established on 40 different places along the high ways in Belgium and Luxemburg, offers breakfast, traditional Belgian meals, pasta, salads and sandwiches. Starting up a joint venture with Carestel would put me in a unique position to be present along the Belgian highways. The existing platform of Panos and Carestel can be used to accelerate the growth of the brand in Belgium and even across Europe. The size of Panos and Carestels operations and the availability of immediate locations will enable rapid development of a new fast-food restaurant in Belgium. The essence of a joint venture is the synergy effect of two different entities merging. Such an international business strategy will attempt to; solve many logistic problems such as access to good quality meat and other supplies, ease the access to the Belgium market, share risk with a local entity, and finally serve as a sign of commitment to the host government increasing goodwill. In addition, due to the complexity of many barriers to entry into Belgium, a potential partner with sufficient contacts/networks with government agency officials may smoothen the process of setting-up operations in the nation. The potential joint-venture partner should be large, well established, provide excellent distribution channels and have personal network access to government officials. It should also have modern equipment and a good management record. It is recommended that a partner is found by backwards integration. In other words, it is a good domestic meat supplier. In order to ensure total commitment and balance of power between the two partners, a 55/45 joint venture, with me as the dominant partner should be set-up. A joint venture will also significantly ease the entry to the Belgium market. In addition, local business customs and laws can be quicker understood and the local knowledge of culture, language and geography is beneficial for any entrant into a relatively unknown market. Concerning a joint venture with Panos rail, I see this concept more like one location where we are both present and where the consumer can choose between a sandwich or a burger. The reason for the shared site is only practical. Suppose a group of people coming for a snack but they have to be dining separately, is not nice. The consumer can choose in which section he wants to sit, even with a burger is should be possible to sit in the Panos rail area. The fact that the consumer is offered additional choices and varieties on one site is the major commercial advantage. For Panos this would be a unique opportunity to try this concept, and if the joint venture succeeds, Panos could implement this strategy in other European countries. Currently, they only have one franchise abroad, namely in the Netherlands along the A6 in a Q8 petrol station. I think that the best way of promoting my product when it is present at a railway station is in my opinion giving price reductions or free coupons to potential customers by combining the promotion with the train ticket. When a person buys a ticket they will get a coupon or something like that to persuade them to visit my restaurant and buy something. Concerning Carestel, situated along some petrol station on the Belgian highways, we can set up a joint venture. On the current sites of Carestel we could create a burger section and similar like in the railway stations, the dining area should not be separate. It is obvious that these restaurants only have to be established along the busy highways like E 19 Antwerp-Brussels, E 17 Antwerp-Ghent, E 420 Brussels-Charleroi, which is already the case for Carestel. In this case the promotion will probably be in the form of billboards present at the highway or at the sign of the petrol station. I will also try to establish an agreement with the petrol station for coupons and promotion related items to be placed at the counter to make the customers aware that I am there and to persuade them to visit me and try my products.

Wednesday, August 28, 2019

Management accounting and the challenge of strategic focus Essay

Management accounting and the challenge of strategic focus - Essay Example The study made use of qualitative analysis of secondary narrative data on the company subject of the case study. Through qualitative data analysis, the study employed the self-referential, â€Å"autopoietic† theory to explain the role of the firm’s management accounting system in providing control and guidance in relation to the firm’s â€Å"self-production.† The title is short and categorical, sufficient to capture the interest of a student who would be interested in an article on the general topics of either management accounting or strategic management, or the link between them. However, for one who is looking for a particular topic within the scope of either field, the title does not sufficiently convey the specific gist of what the paper is about. Either field is very broad, and the title should properly encapsulate what aspect of the link between the two subjects is discussed. Since the focus of the discussion is on autopoiesis, this single word, coupled with management accounting and strategic management, would have provided the a sufficiently concise yet informative title. The title we would suggest would be: â€Å"Application of Autopoiesis Theory in Organization Strategy† The abstract gives a concise yet informative summary of the study, identifying it immediately as a case study and therefore preparing the reader to address it as such. It also provides the reader with the theoretical underpinning of the work (autopoietic theory) as well as the eventual conclusion, which is beneficial to the reader who wants to know if the further perusal of the study would serve his purposes. Some of its vocabulary appears to be specialized and operational to the study (e.g. â€Å"self-production†), but these need not be explained in the abstract. Actually, the use of such words makes the abstract more effective in capturing the interest of the reader. Upon reading the introduction, one is immediately

Tuesday, August 27, 2019

To what extent is employee motivation for departmental support staff Essay

To what extent is employee motivation for departmental support staff employed by a (UK) local authority affected by workplace organisational change - Essay Example Various reasons for organizational and management change have come to light through studies. Change in an organization can be due to downsizing, redundancy, change of management through mergers and acquisition, change due to expansion, and most important due to the advancements in technology. UK has experienced problems in all types of organization. While there may be certain factors common to all, there are certain unique characteristics specific to the department or the organization. According to Worrall, Campbell & Cooper (1999) redundancy is the redundancy is the most evocative and fear inducing form of organizational change for many workers. A survey on organizational change in UK revealed that within one year there was dynamism, persistence and an increased pace of change. There was a visible increase in the number of people affected by restructuring. They also found that larger firms employing more than 500 people were more at risk of being affected by restructuring. They established that there were differences in restructuring over industrial sectors, with the public sector experiencing the highest restructuring. The effects of redundancy were consequently different also. Brockner et al., 1986; Kozlowski et al., 1993 emphasize that emotions synonymous with grieving such as shock, anger, denial, guilt and fear. These lead to decreased motivation, decreased trust in management and decreased levels of organization commitment even in subsequent jobs (cited by Worrall et al.,). These emotions and attitudes even affect the behavior of survivors. It makes them indecisive, they are averse to taking risks, and the workers are not willing to go ‘that extra mile’ (Thornhill et al., 1997; Smith and Vickers, 1994, cited by Worrall et al.,). Individuals become loyal to their own development than the organization (Reilly et al., cited by Worrall). Robinson and Rousseau (1994) also agree that redundancy leads

Monday, August 26, 2019

Critically evaluate the extent to which prisoners with learning Essay

Critically evaluate the extent to which prisoners with learning disabilities are discriminated against in the criminal justice system( prison.) - Essay Example A current study conducted in New South Wales, Australia reported that 80% of the total prisoner population have a mental disorder. In the United States, more than half of the prisoner population are under medication for psychotic problems and major depression. Studies in the United Kingdom have reported a comparable situation. As reported by a current Prison Reform Trust study, prisoners with learning disabilities experience discrimination and other human rights violence. Among people with mental disorders those with learning disorders are still among the most discriminated and mistreated members of the society. According to the United Nations Special Rapporteur, â€Å"... [t]heir neglect is reflected in society at large, among the health professionals, and in the human rights community.† This discrimination and neglect are even more severe in the prison environment in numerous countries. Current studies in several countries have revealed the huge population of prisoners suffe ring from learning disabilities and the severely insufficient attention given to their mental health care needs. Some individuals with learning disabilities are at risk of criminal behaviour and are, thus, predisposed to have dealings with the criminal justice system. People with borderline and mild learning disorders make up the bulk of the total population of those with learning disabilities. According to the 2001 report of the Department of Health (DoH), roughly 1.2 million individuals in the UK have a mild to moderate learning disability. Estimations from the data of prison population show that daily roughly 5,000 individuals with learning disabilities are incarcerated together with an additional 19,500 individuals with probable mild to moderate learning disabilities. Several studies have been carried out which emphasise service insufficiencies,

The Importance of Strategy Process and Strategy Context in Determining Research Paper

The Importance of Strategy Process and Strategy Context in Determining Strategy Content - Research Paper Example As the paper outlines, strategy context deals with impact of macro environment in strategy formulation. Researchers have pointed out that the strategy process is complemented with three variables such as strategy formation, strategic thinking, and strategic change. They have argued that three variables of strategic process work in an overlapping manner instead of working in an individual manner. Academic scholars such as Bob De Wit and Ron Meyer have stated that strategic content can be viewed as the end product of the strategy process. Strategic content is complemented with four levels of strategy such as Functional Level, Corporate Level, Business Level, and Network Level. Bob De Wit and Ron Meyer have pointed out that strategy context can be classified as the external circumstances directing the implementation and outcome of strategy process. They have differentiated external environment into three segments such as organizational context, industry context and international context . Various research scholars have tried to create a link between triplets of the strategy process, strategy context, and strategy but unfortunately, the majority of them ended with an abstract model without much coherence with industry requirement. In 1986, Miller and Friesen have argued that strategy content is directly proportional to strategy context and strategic initiatives are more successful for electronic goods industry, manufacturing industries and paint industry in comparison to another industry environment (Miller and Friesen, 1986, pp. 37-55). In 1983, Hambrick argued that Porter’s Generic Competitive Strategies have little significance for small level firms while four levels of strategy such as Functional Level, Corporate Level, Business Level, and Network Level have importance for only firms having sufficient resources (Hambrick, 1983, pp. 213- 230). In 1989, Bryman has argued that strategy content works in accordance with organizational resources. For example, P orter’s generic strategy would not be applicable to organizations suffering from resource crisis (read human capital, financial, marketing and IT) (Bryman, 1989, p. 169). Various research scholars have agreed that the validity of three steps such strategy process, strategic content and strategic context is unquestionable. In 2005, Torgovicky’s has tested the validity of strategy content in e-business and concluded that synchronization of strategic content and strategy process can help a firm to achieve a competitive edge over other competitors (Eldring, 2009, p. 10-15).

Sunday, August 25, 2019

Net Present Value and Internal Rate of Return Assignment

Net Present Value and Internal Rate of Return - Assignment Example Table 1 shows the cash inflow expected to be generated and the cash outflow expected to be incurred should the proposed expansion be undertaken. During the first year, the company will incur expenses to finance the purchase of the new plant and equipment costing 5,000,000. It is assumed that this amount will be a one time expense fully incurred during the first year. This report also recognized the need to recognize the investment in research and development already incurred by the company. The rationale behind this is to fully and adequately evaluate the profitability of the project. It should be noted that in order to come up with a proper valuation, the company should account for all the revenues and expenses generated by the project. Thus, it is inclusive of all the expenses incurred to bring the project in operation. Research and development cost of 900,000 should be accounted for because without it, the expansion will be impossible to pursue. During 2005, the amount of 1,800,000 to cover additional working capital expenses is also included in the cash outlay required. However, management also expects that after five years, this amount will be freed up and can be readily used by other projects. Thus, Table 1 also shows that during 2005, the company will be needing 1,800,000 while this amount will be available during 2010. In the case of the overhead costs, this report decided to use the 300,000 per annum as estimated by the project development team advisor. This is deemed appropriate as allocating 50% of the wages is just an estimate. It should also be noted that depreciation expense will not be included in the computation of the NPV because cash flow is not directly affected by the account. As taxes and inflation are excluded in the analysis, tax shield from depreciation will not be considered. The computation for NPV is shown in Table 2. Since the company is using 14% as the required rate of return for the expansion, the cash flows are discounted at the same rate. According to the computation in Table 2, the NPV of the expansion using 14% cost of capital is (403.47). Table 2. Discounted Cash Flow and NPV for Expansion (2005-2010, in thousand) 2005 2006 2007 2008 2009 2010 Total Inflow/ (Outflow) (8500) 2,040 1,940 2,140 2,140 3,940 Present Value Factor (14%) 1.0000 0.8722 0.7695 0.6750 0.5921 0.5194 Present Value (8500) 1789.4 1492.8 1444.5 1267.0 2046.4 NET PRESE NT VALUE (403.47) Internal Rate of Return The internal rate of return is the cost of capital which equates the net present value of all cash flow to zero. The IRR can be computed by calculating the NPV at different interest rates. Utilizing this method, we come up with Figure 1 which shows that IRR is approximately 12%. Figure 1 . NPV at Different Cost of Capital Question 2. Prepare an informal report for the Board of

Saturday, August 24, 2019

Advanced Managerial Accounting Report Essay Example | Topics and Well Written Essays - 250 words - 1

Advanced Managerial Accounting Report - Essay Example Most Managers inquire before implementing any of these cost systems where ABC is given a first priority due to its production costs that are considered higher to those of conventional banking (Weygandt, Kimmel, and Kieso 56). ABC is a contrast of conventional banking since it helped patients in their treatment when it came to hospitals. Conventional accounting is a simple method for managing costs compared to ABC. However, it is not accurate and most of the time is accompanied by under-costing and also over-costing. ABC is able to capture changes through direct measurement of activity levels thus adjusting from distortions that arise in the conventional cost system (Weygandt 45). However, there exists a similarity among these two cost systems where provision of costs similar to those of ABC can be structured by conventional accounting. In conclusion, both cost systems; ABC and conventional accounting have their place of application and duration of time matters. They all are implemented differently but all of these systems of accounting have a purpose in any business despite of different strengths and weaknesses. ABC works best for most businesses compared to conventional

Friday, August 23, 2019

Can be on anything to do with microbiology (you can choose the topic) Article

Can be on anything to do with microbiology (you can choose the topic) - Article Example Basically, 3 are 3 laboratory tests useful for the diagnosis of dengue infection and they are viral isolation in culture, detection of viral RNA, and specific IgM/IgG antibodies in paired sera. The gold standard for diagnosis is a combination of these 3 tests. However, it is not practice to do all the 3 tests in a patient at a particular setting. Viral isolation is expensive, needs technology and results are obtained after 6 - 10 days, which ia very late for initiation of management and hence this test cannot be used regularly. PCR technique results are ofcourse fast, but are expensive and not available in all clinical settings. Immunochromatographic and ELISA tests for the detection of IgM/IgG antibodies which give results within minutes or few hours, but these antibodies can be detected only after 4-5 days of onset of the disease. Also, paired sera samples showing seroconversion or a fourfold titer increase are essential to confirm diagnosis.

Thursday, August 22, 2019

Outrigger Case Study Essay Example for Free

Outrigger Case Study Essay Though the hotel and resorts industry has suffered due to the declining economy over the past several years, Outrigger Hotels and Resorts (â€Å"Outrigger†) has been able to maintain a strong niche market in Hawaii as well as beginning to expand geographically, establishing a stronger international presence. Though they began as major competitors with companies like Marriott, Hilton, and Starwood, Outrigger has been able to diversify its product portfolio mainly through acquisitions to appeal to a wider customer base. Outrigger created OHANA hotels to attract more â€Å"budget travelers† as well as beginning to offer condominiums off the beach front to appeal to regular travelers that vacationed more frequently. In these new markets, Outrigger benefited from no direct competition and is able to benefit from a diversified product portfolio. Outrigger has enjoyed success in these new markets but has faced many problems due to their entrance into these slightly different markets. In spite of Outrigger’s aggressive geographical and product expansion in new markets, it has preferred to maintain a centralized management structure. Along with their centralized management structure Outrigger has tried to develop centralized operations and information systems. Outrigger’s operations and IT infrastructure in Hawaii were highly centralized. Outrigger’s properties in Hawaii all utilized the same Central Reservation Office; however all other properties located outside of Hawaii handled their reservations in house, limiting collection of important customer data and missing out on the opportunity to enjoy significant cross-property traffic. All properties in Hawaii ran on a JD Edwards ERP as the cornerstone of Outrigger’s back office operations while running Stellax, their integrated CRS/PMS, providing revenue management, reservation center support, and enabled data collection for further analysis on their E.piphany software. This integrated IT infrastructure has allowed Outrigger to â€Å"harness the analytical power of E.piphany to do forecasts and generate business intelligence both at the source of business and at guest levels.† Properties outside of Hawaii are not allowed to benefit from integration of IT and information systems since they run on similar but different systems that do not allow for real time electronic interface with other hotel locations and wholesalers of vacations. Outrigger believes that a  centralized IT infrastructure and systems is a source of competitive advantage. However, as the firm has diversified its product portfolio and geographic presence they have been sacrificing the centralization of IT infrastructure and have been unable to harness the potential benefits of integrated systems in their international markets. To remedy this problem of a lack of integration and communication, Outrigger could expand their use of Stellax to its international locations, develop a new PMS/CRS system that better could better handle the different needs of Outriggers’ properties in different markets, or move its information sharing to the cloud for better communication between properties. Expansion of Stellax would benefit Outrigger by enabling consistent data gathering and analysis of important business and customer information that could allow for rewards programs that could increase profitability through cross-property traffic and meeting the needs of the customer better. This expansion of Stellax would be expensive and could create problems due to differences in needs between properties in Hawaii and international properties. Development of a new PMS/CRS platform that would be better suited for the wide variety of needs between different properties, though customization could be achieved through the ap plication of add-on modules that could tailor the new PMS/CRS system to the unique needs of each individual property. This solution could be very complicated and much more expensive then the first alternative due to the degree of customization. In addition, this option could create a more decentralized structure when Outrigger is trying to achieve increased centralization of operations. Lastly, Outrigger could move their information sharing between properties to the cloud. This option is less expensive than the other alternatives but would offer limited benefits. Though properties would be able to share business and customer information, analysis would be limited due to different data gathering techniques and differences between the type of business and customer data that each individual property’s system collected. To enable better integration of properties and to create a more centralized IT and systems infrastructure, Outrigger should develop a new PMS/CRS platform that would meet the needs of their diversified product markets. Though this option is most expensive it offers the most centralized structure and the greatest potential value for  Outrigger. Stellax is very outdated even though it still suits the needs of properties in Hawaii, but not the needs of Outrigger’s international properties. By developing a new customizable PMS/CRS platform, Outrigger would become much more centralized and could create value from its diversified portfolio of projects through the utilization of rewards programs that promote cross-selling of Outrigger properties and harnesses the power of business and customer information that is consistent between Hawaii properties as well as international properties. To track to success of such a large system implementation Outrigger could track the amount of customers that visit multiple Outrigger locations and the success of cross-selling of properties through the tracking of customer’s redeeming rewards points they earned through staying a multiple different Outrigger properties. Implementation of brand new software is risky however if it is properly managed and implemented correctly the rewards could greatly outweigh the cost.

Wednesday, August 21, 2019

French and Indian War Essay Example for Free

French and Indian War Essay The French and Indian War altered the political, economic, and ideological relations between Britain and American colonies. Ideologically, this War brought up resentment toward Britain this changed the political relationship between Britain and its colonists because the British were forced to unfairly tax them due to their debt. The French and Indian war transformed North America by only leaving the British and the colonists left in their region. Greedy as the British were they did not treat the colonists fair by taxing them lead to resentment that lead to the American Revolution. After the French and Indian War, North America completely changed. Before 1754 English, French, Spanish, and the Russians had a portion of North America that they had power over. After 1763 the French were completely left out and had no land at all. (Document A) This impacted Britain and American colonists politically because it lead to the Proclamation of 1763 where Native Americans believed that the white people were not allowed to settle in their land that they had inhabited for hundreds of years. (Document .B) Britain thought that with the proclamation everything would turn out great, but it did not it just angered the colonists. They were angry because they believed they had no freedom. After the French and Indian War, England had to pay off a huge debt that had been accumulating over the years. The only way they saw to pay this was to regulate trade meaning that they would have fully control and know who and what they are trading with, and to tax everything. Britain made these changes and angered the colonists even more because the colonists felt it was not fair that all of a sudden they started taxing everything. (Document F) Taxation had a huge impact on the economic relationship between the colonists and their mother country because many of these acts forced the Americans to ship their raw materials to Britain, only to later buy the finished products from them. Mercantilism was soon abandoned when the colonists rebelled. An act that really angered the colonists was the Stamp act. Colonists furious of these taxations used boycotting as their weapon, they practiced non-importation and non-consumption. Although hurting the colonists and the British, the British soon came to realize that they were not messing around.(Document G) Colonists coming together and boycotting these acts had a huge impact on the British ideological values. The colonists felt that taxation was another thing that they should be mad at the British for. It added more stuff to what was already going on. The colonists were already mad about the Proclomation and just taxing everything did not make colonists happier. The colonists soon came to understand that they had little to no freedom which lead to the idea of becoming independent. Thinking that they could stand on their own. They don’t need the British. (Document D) The French and Indian war brought up resentment toward the british this changed the political relationship between Britain and the colonists because of the taxation that the British put on everything. Colonists began to change their mindset from being one whole colony to believing that they could stand on their own and become independent thus leading to the Revolution.

Tuesday, August 20, 2019

The Role Of The Modern Constrction Project Manager Construction Essay

The Role Of The Modern Constrction Project Manager Construction Essay Construction project manager is the responsible person to handle overall construction of projects from start to end, successfully complete the project within on Time, Cost, and Quality. As the educational Qualifications, They are degree holders or having relevant equivalent qualifications in the field of civil engineering, construction management or construction sciences. There are critical responsibilities relevant to the construction project manager roles; hence he should mange the project in a proper way to achieve the project goals. A Construction project is a temporary endeavor to create an inimitable product or service. Construction Projects generally include constraints and risks concerning cost, schedule or performance outcome. This management process specially consists of some specific functions such as, Project Initiation, Planning, Organizing, Controlling and Managing of Resources for completion of the project successfully within a scheduled time, cost and quality. There are nine project management processes Such as, Scope Management, Schedule Management, Budget Management, Quality Management, Team Management, Stakeholder Management, Information Management, Risk management, Contract Management. Cost controlling system is a critical activity of the cost management process, to run the project without commercial backlog. (Refer to Chat 1.02) Final inspection should carry out by the Construction Project Manager after completion of constructions of the project. He must re-check all approval for quality of work, testing and commissioning reports, scope verification etc. INTRODUCTION As a spectacular construction project manager who is broadly discuses within this report about Modern Construction Project Management Process for the purpose of make understand of client. Describing identified critical phases of management process how to manage and how to obtain a maximum turnover of the project through proper management methods. As well as to archive the project goals in terms of time, Quality, Cost, Safety. Hence in this study will be discussed some significant project management key measures, such as role of the modern construction project manager, effective modern project management process and how to contribute to improve the time, quality and cost to construction project. MAIN BODY Who is the construction project manager? Construction project manager is the responsible person to handle overall construction of projects from start to end. His duty will be act as the representative of the client, as well as complete contribution for the successful initiation, planning, execution and close-out of a project. Construction project managers are engaged with particular management activities for managing construction projects in a proper way, hence they have the specialized knowledge for project planning, directing, coordinating and budgeting process. As examples for construction projects; Commercial buildings, Industrial buildings, Schools hospitals, Roads bridges, Water treatment plants, and also specialized civil engineering works, etc; Educational Background of the Construction Project Manager Generally they are degree holders or having relevant equivalent qualifications in the field of civil engineering, construction management or construction sciences. Also some of them are promoted as construction managers from supervisory level having sufficient experience. Other added qualifications will be; ability of having flexibility, making clear decisions for managing and resolving problems, good understanding about engineering drawings and very good knowledge of operating computer software. And also talented with good communication skills, leadership skills to have a good relationship with relevant parties, The Construction Project Managers Responsibilities: There are critical responsibilities relevant to the construction project manager roles; hence he should mange the project in a proper way to achieve the project goals. His responsibilities and duties in brief are as follows; Study the condition of construction site and prepare a feasibility study report to get understanding about what type of land required for the project. Prepare master program coordinate with the planner and discuss with the employer. Execute as a key role in project planning, budgeting, and identification of resources required. Organize the construction team, developing the objectives, goals of each and allocate individual responsibilities. Managing project cash-flow and minimizing exposures and risks in the project. Manage/ monitor the construction activity progress in line with the project schedule. Keep well communication with all contractors. And also co-ordinate with all parties whom are involved in the project. Advising the employer related with finance and cost controlling. Monitoring strictly budgetary guidelines, quality and safety standards. Periodic inspections of construction sites. Heading of project kick off meetings and periodic progress meetings as required Obtaining of all necessary permits and licenses as per the project requirements. Preparations for handing over process in respect to the agreed contract master Program. In addition, there are some specific qualitative attributes in project management roles; ability to plan and organize a team effort, well client management and kindness building aptitude, talent to motivate, guide and increase morale of the teams, successful time management and logical decision-making skill, ability to handle work force, physical mental fitness and physically powerful focus on quality etc. What is a Construction Project? A Construction project is a temporary endeavor to create an inimitable product or service. Construction Projects generally include constraints and risks concerning cost, schedule or performance outcome. Every project has a start and an end. The end of a project is defined by the successful completion of the product or service. There are specific traits that all projects have in common. The most distinguishing feature is a specific time frame. Every project must have a clear, definitive objective and activity tasks, such as planning, organizing, Control and close-out tasks, and resource and project executions Key Characteristics of Projects are: Unique solution. Project boundaries. One-time effort, usually requiring specified resources. Specified start and Project Milestones. Concerning about project completion period. What is the Construction Project Management? According to the PM4DEV Project Management for Development Organizations, noted as; Project management is a process of leading a team of capable people in planning and implementing a series of related activities that need to be accomplished on a specific date with a limited budget. Because of its nature, coordinating all these activities requires a process approach. This management process specially consists of some specific functions such as, Project Initiation, Planning, Organizing, Controlling and Managing of Resources for completion of the project successfully within a scheduled time, cost and quality. General functions of construction project management usually include the following Project objectives and plans; (including definition of scope, scheduling, budgeting, setting performance requirements) Maximizing resource efficiency of labor, materials and equipment through a proper management. Implementing various operations through proper coordination and monitoring of planning, design, estimating, contracting and construction for the entire process. Developing effective communications and mechanisms for resolving conflicts Particularly project manager is the overall responsible person to implement the construction project management process in a proper way. Hence, Project Manager has the ultimate responsibility such as, Planning, Organizing, Controlling and successful completion of the project. Furthermore, explaining about project management process by below given chart will shows clearly. (Refer to Figure 2-1) Figure 2-1:Â   Basic Ingredients in Project Management Specific Benefits of the Construction Project Management Process There are specific benefits of Construction Project Management process, these benefits are very essential for the project success. Preferable efficiency in delivering services Improved/Increased/Enhanced customer satisfaction Enhanced effectiveness in delivering services Improved growth and development within your team Greater standing and competitive edge Opportunities to expand your services Better Flexibility Increased risk assessment, Quality Quantity However when executing the essential project management strategies; Construction project managers intent will focus to reach of the desired project goal. Essential Factors of Project Management Process Generally Construction projects have specific factors to contribute of project success or project fail. Each factor directly affect with other factors in order to archive the project objectives. Those are as follows; Project Team and Team Motivation. Project Manager. Project. Planning. Avoiding Scope Creep. Risk Management. Project Closure. Project Management Process According to the PM4DEV, its Project Management for Development Organizations as noted in the article, There are nine particular management processes under Construction project management, and to implement in a proper way by using specialized knowledge of the Project Manager. The nine project management processes are: Scope Management Schedule Management Budget Management Quality Management Team Management Stakeholder Management Information Management Risk management Contract Management Above management process have divided into two groups: Enabling processes Facilitating processes This management process phases are interrelated with entire project life cycle. Below given graphic chat will shows about interrelationship with management process and project lifecycle. Enabling Process (Scope, Schedule, Budget, Quality Management) Project Life Cycle (Initiation, Planning, execution, Controlling Monitoring, Close-out) Facilitating processes (Team, Stakeholder, Information, Risk management Contract Management) Figure 4.1 Project Management Processes and Phases Enabling Processes In the construction management process, enabling process include with project scope, schedule, budget and quality. Hence, these should enable to control some specific objectives of the project for the project success. Scope Management In the construction project management process; Scope management is a very critical for project success. Also project scope is the way to illustrate the boundaries of the project. Hence, Project Manager should aware and concerning the project scope. As a result of this, Project Manager is able to co-ordinate with designers to get update and control the project scope and also acknowledge of project team. Further about scope management by below given graphic chart will explain it briefly; Schedule Management Schedule Management is the development of a project schedule that includes all project activities, hence the Project Manager has to stick on starting and completion dates of each trade packages as programmed, and management team also has to monitor progress of construction and forecast the completion dates accordingly. If completion dates are not matching the master program, control process is required. As an example; assumed some work element unable to complete as programmed due to less progressing or late in starting. If so, it will affect to other work sections too, and delay occurs accordingly. Therefore, Project Manager should advice to allocate additional resources to accelerate the delayed work section to complete it as pre- programmed. Budget Management Budget Management process is required to ensure the project is completed within the estimated budget. Hence, this is the vital responsibility of the Construction Project Manager to handle and complete the project within allocated budget of the project. As well as monitor and control the cost of project at both pre post contract stages, also these are important parts of the management process. Quality Management Quality Management is the process to ensure that the project will satisfy the needs of the beneficiaries. Hence, Project Manager has to monitor and control the quality of work and develop the quality plan. Also he has to allocate a experienced project coordinator to advice guide the contractor to maintain the quality of work. Each work element should be approved by a qualified quality controller or an Engineer prior to handover. Also he has to check the quality of materials and should be strict to the contractor to use standard materials for construction as specified in drawings and specifications to maintain the quality of work. Hence all materials should be approved by a quality controlling team prior to use for construction. Some of the most important quality tools are; Plan-Do-Check-Act Cycle, Fishbone Diagram, Pareto Chart, Scatter Diagram, Decision Matrix, Flowchart, Stratification, Control Chart, Histogram, Brainstorming, Tree Diagram, etc; Facilitating processes This process includes with some specific functions such as, Team, stakeholder, information, risk, and contract management, these are facilitating to assist and make possible to achieve its objectives. Team Management Team management is a technique, processes and tools for organizing and coordinating a group of individuals working towards a common goal, there are some critical factors for success of the team management process, identify the roles responsibilities, reporting relationships and getting the people whom will be allocated to the project and team improvement. As well as team evaluation is very important part to identify the staff performances and their skill levels and required further development. Stakeholder Management Stakeholder Management include Stakeholder identify, analysis, planning and communication. Project Stakeholders are very important people for the project success. Hence, Project Manager has to manage them in a proper way, because of all of them having interested to the project success. As example Donors, Beneficiaries, Local Government Organizations Partners or Organizations are the Stakeholders of a Construction Project. Also, managing them and keeping good relationship in between stakeholders and project. Risk Management Identification of possible risks in advance is an important and major responsibility of a Project Manager. The project management team will be able to take necessary actions to avoid or minimize the risks by identifying them early. Safety of work, Economic matters, Weather conditions, political matters, etc; also includes in risk management. Hence, it is important to take required insurance for the construction, material on site, employees; third parties, etc; Methods and Techniques for influence the planning process At the Design Stage Existing plans to be used to observe design problems and identify most suitable techniques and methods during the design stage. Site visit and inspection carry out at recently completed projects, similar to this project in order to get proper analysis to minimize the possible design risks. Separate design department such as Architectural, MEP, and Civil Works need set-up to reduce design errors and to minimize the time. At the Construction Stage Supply Ready-mix concrete from nearest place for control project time and cost overrun. Use slip-forming method for special constructions, swimming pool and water tank tower. Project duration can be controlled using pre-cast concrete slabs for car park basement floors, walls etc. Use of eco bricks for structural walls boundary walls. Also cement, soils stabilizer can be used for wall plastering. Programming, scheduling and controlling Pre-Contract Stage Planning to start tendering process carry out prior to finish all the required designs. Project Specifications and requirements to be submitted at early stage to the specialized contractors. Soil investigation reports need to be handed over to the design consultant at the planning stage. Tenders should call for Pilling contractors once completing the design of pilling. Planning to carry out Site preparation works by others (Demolitions, filling and cutting, removing vegetation soil etc.) Required temporary facilities need put-up at project site. Take necessary action for site security by fencing, lighting etc. and also putting up security post as required. Post-Contract Stage Prepare the construction programme as per the construction works sequence. Actual performance to be achieved being reviewed weekly and monthly. Design modifications should incorporate when and where arise at the project. Review construction Programme frequently, in order to control project milestones. Monitor sub contractors activities regularly to check whether activities are in accordance with agreed timescales. Cost Controlling Cost controlling system is a critical activity of the cost management process, to run the project without commercial backlog. (Refer to Chat 1.02) Chart 1.02 Cost controlling and cost management system Pre contract cost management Generally preliminary budget estimate is prepared based on the clients intended budget and also concerning separate trade packages. As well as Cost plan (elemental analysis), Cost check, Tender reconciliation process also important activities for the cost controlling under pre contract stage. Post contract cost management BCIS slandered form is followed (Elemental Standard Form of Cost Analysis Principles, Instructions, Elements and Definitions 4th Edition) to prepare elementary cost analysis method and gaudiness. Further detail herein for cost control, using S- curve methods; (Refer to Chart 1.03) Chart 1.03 Cost control S-Curve (Programmed) Referring to the above diagram; it shows expenditure and income occurred. This is being monitored regularly, to avoid the cost overrun. . Safety of Work Safety of work is very important at the site to avoid delays and disputes in construction. Hence all employees should educate about safety matters and should provide safety equipments, also should be maintain proper safety standers for the project success. Closing and Handover the Project Final inspection should carry out by the Construction Project Manager after completion of constructions of the project. He must re-check all approval for quality of work, testing and commissioning reports, scope verification etc. CONCLUSION/ RECOMMENDATION When study through the report its present this conclusion; any construction projects can be successfully completed by implementing construction management process in a proper way and also critical responsibility of the project mangers having, as examples; considerable effort to be taken to avoid or minimize the project overrun time; cost and quality within obtain comprehensive effort for site investigation and feasibility study as well as all parties that involved at the design stage have to be worked as a team and to be collaborated to finalize and fulfillment of project designs, managing risks in a proper way and using management techniques to mitigate cost over runes. REFERENCE/ BIBLIOGRHAPY The Top 10 Benefits of Project Management http://theconstructor.org/constrution/project-quality-management-in-construction/292/ http://pmbook.ce.cmu.edu/09_Construction_Planning.html#9.1 Basic Concepts in the Development of Construction Plans WORD COUNT Word count 2127 Nos (Excludes Reference/ bibliography)

Monday, August 19, 2019

Lord Of The Flies :: essays research papers

Lord of the Flies   Ã‚  Ã‚  Ã‚  Ã‚   Lord of the Flies deals with universal truths because many of the characters have characteristics we can relate to which makes the book more interesting. One of the characters is Jack. Throughout the book Jack wants to be the leader of the boys on the island. Jack also does not like work. He likes to go out and hunt, Jack considers hunting as fun, have parties, and do whatever he wants. We see this because he is never working and is always out hunting. Even when he finally becomes the leader he does not take responsibility. All he does is hunt and party. We see that he is not responsible because he throws a party and they get so carried away that someone was killed. Jack’s character makes the book stronger because Jack possesses the same ruthlessness and savageness that is in many of us and we can relate to that. Another thing we all can relate to is Jack wanting to be the leader because at one time or another we have all wanted to be the leader of something. Since universal t ruths are things we can relate to, this ties into universal truths because we can relate to wanting to be the leader.   Ã‚  Ã‚  Ã‚  Ã‚  Another character is Piggy. From the beginning of the book when Piggy told Ralph what the kids at school used to call him until the end of the book where they take Piggy’s glasses and later on kill him. Piggy is being made fun of which is all a form of mockery. Nobody likes to be made fun of and people can relate to the torture of being picked on. Piggy has a medical problem, which is asthma. This kept him from doing many things. Most of the time he sat and thought about ways to improve life on the island. Piggy was more of a thinker then a doer. During the book Piggy loses his pride, honor, and self-confidence but he tries to regain that when he faces Jack after his glasses were stolen.

Freedom Vs Destiny :: essays research papers

Freedom VS Predestination   Ã‚  Ã‚  Ã‚  Ã‚  People like to believe that they have the freedom to choose what they want to do, however it is quite the opposite. Freedom has its limitations to what people are allowed to do, but predestination has no limits of any kind. Freedom is in fact used to cover up predestination, to keep people content in following absurd rules. Without predestination, how do we know what the weather will be like, or if the sun rises, or if someone will stop at a red light. You just do, common things that we think are just â€Å"common sense,† are really not, people stop at those red lights in order to sustain their life, not by their choice of, I don’t want a ticket.   Ã‚  Ã‚  Ã‚  Ã‚  Predestination makes the most sense of the two. There is no other way to explain things such as, people who grew up poor, yet somehow managed to create their own company and become multimillionaires. They were destine to create that company, it was not freedom. Freedom wouldn’t have given them the opportunity to show their ideas, it only allows them to create them. Predestination explains almost ninety percent of what happens in the world, from birth to death, and even pure luck. Freedom can not cause you to have â€Å"good luck† in a day, it is predestination which brings you to this â€Å"good luck.†   Ã‚  Ã‚  Ã‚  Ã‚  Freedom is a fallacy that takes over the human race like a parasite. It is used to cover up what people do not want to believe. Murderers had the â€Å"choice† to kill that person, or was it just their time to die according to their destiny. In this case, freedom is used to make it easier on the people of the dead person, rather than having them face the truth that it was just their loved one’s/friend’s/etc.. time to die. It is also said that freedom controls not just physical actions, but creativity in the mind. If that’s so, then why isn’t everyone born with the ability to draw or paint or make something with the same skill? A simple answer, they were not born for that purpose, that skill has no part in their destiny.

Sunday, August 18, 2019

Essay --

a) Economic: KFC Holdings (Malaysia) Bhd is currently the market leader in the fast-food industry of Malaysia. The company has developed a rigorous marketing strategy and marketing plan to retain its market share. Company has developed a marketing strategy and marketing plan to maintain the tight market. One of them is via development of products. Therefore, the effectiveness of this strategy is the long awaited for stakeholders. The latest world economic recession had also struck Malaysia inevitably. To sustain their performance, KFC has launched strategies to cope with the economic slowdown. They launch one new product every quarter with hope that KFC will achieve double-digit growth in the future. The current economic growth allowed for other form of food related business to bloom Newer blooming franchises such as Kopitiam, Oldtown and others offer heavy competition to KFC thus in order to stay in line they came up with strategy that includes reduced price of the food during certain hour of the day. The breakfast value meal sets, the lunch sets and dinner set. Thus by selling the products for a cheaper price during specific time where working adults usually go out to eat, they managed to gain customers and increase sales while the losses due to reduce price are mitigated with more purchase, resulting a net profit. Hence, by applying economic principle concerning demand and sales, they are able to offer the same quality of meal for a lesser price for the enjoyment of the community. b) Technology: Look in to the marketing strategy, KFC advertising itself Online and providing directories online of the nearest outlets and having a webpage dedicated to showing of its current promotions serves as an important aspects to ... ...s. KFC KLCC audited and certified by the competent certification body since 2005. All established Critical Control Point (CCPS) is now included in the Daily Operations Checklist which is used by all the KFC restaurants in the country. Quality control starts from supplies all raw materials. KFC conduct annual supplier audits, Audit STAR which is a proprietary program by YUM, similar in many ways to approach ISO. STAR Audit consists of two versions its the Food Safety and Quality System Audit. Either STAR Audit conducted by an international audit firm appointed third party YUM or from their own team of professional food technology from the Department of Quality Assurance KFC. KFC chicken supplier Ayamas is monitored closely by Department of Veterinary Service and has obtained the VHM (Veterinary Health Mark) Logo. It is also an ISO 9001 certified company.

Saturday, August 17, 2019

Crime: Fraud and Overall White Collar Essay

â€Å"Criminal phenomenon† is known as white collar crime. White collar crime was firstly talked by Edwin H. Sutherland who was a criminologist. He defined white collar crime in a presidential meeting of the American Sociological Society. This meeting was held at the state of Philadelphia in December 1939 to 1940s. He defined white collar crime as â€Å"a crime committed by a person of respectability and high social status in the course of his occupation†. (â€Å"Sutherland, 1949:9†). White collar crime includes several of examples such as illegal exploitation of employees, violation, taxes, computer crimes and many more. White collar crime is most characteristically outlined in relation of class attitudes towards those who commit it. Although these offences are penalised by the law but it’s usually considered by the courts and by sections of general public but as much as less guilty crimes are made by individuals there are generally punished by the courts. White collar crime is one of the most dangerous crimes which individuals make profit from couple of hundreds to dollars to millions of dollars and it can be carried out by only one person or a group of people. White collar offenders are normally citizens that come from high social status such as people with degrees in middles class and upper class. If a person is poor there are not most likely to commit crime. This type of crime affects everyone from the communication from business companies. Between white collar crime and street crime there is a massive impact, although white collar criminals often learn to attract less to public attention but the huge public attention attract more depending on an individual and a business. As I mention above people who commit white collar crime are more likely in the middle to upper class societies such as doctors. White collar crime occurs in many forms of ways but this doesn’t involve any physical assault on a person. The occurrences of white collar crime it causes damage to everybody who is in involved in business. A customer will able to be harmed in unplanned events which is recognised as â€Å"organised criminals†, this relates to sales of illegal products. As an overall white collar crime carries brands which are harmful than any other systems of crime. White collar crime is the highest crime to discover or to catch. Individuals that commit white collar crime in the market sections, the media find it difficult to understand because the supervision needs to be updated regularly. White collar consumers have a great deal of expectations by harming the society then other kind of crimes this is because it is â€Å"versatility†. Hazel Croall said in 2008 in the house market there were numerous of people who lost their houses which caused loads of distress in society. Many people suffered but yet white collar crime offenders who made these offences there are normally committed in a large organisations and it makes it more difficult to find these offenders. J Kelly Strader said, the media attends to simply report a minimum of incidents in white collar crime due to having enough evidence been provided. The Deceptive marketing it’s not controlled by the law but it is set as codes and standards which are weakly enforced. The value of prosecuting white collar crime is extremely high for the government to perceive a large percentage of the offenders. Electronic banking is used in the modern which links to street crime offenders, this doesn’t help it becomes worse which the offenders continue to expand to commit in certain areas. As better or worse the government began to feel pressure of the population of the offenders. White collar crime increases the funds in some areas due to crimes been made. I believe that people who are more educated in the late 20s there lean to commit more of white collar crime in technology but as statistics say that the government have has problems to keep up with white collar crime offences in money and technology. Hazel Croall and Edwin Sutherland suggested that white collar crime is still been questioned as from today but it is difficult to figure out how many problems it is causing to society. Most of the studies who study white collar crime argued in 2002 the society blamed the U. S government for the failure which enforced by the law because of the fraud offences which was committed by the street crimes. Business fraud is the most common fraud as day to day in business setting in street crimes in poor communities. As a business fraud in U. S white collar crime cost them a billions of dollars per year but as any other fraud or crimes it cost the U. S organisation a least many then billion as annually. As an average business organisation have lost a lot of millions per a year this is due to employees committing they’re own employees as frauds. Men are twice more likely to commit then women in white collar crime for example 85% of men as mangers cause more fraud in a daily then women as employees but there different types of frauds in society which are been committed by men and these are insurance fraud. An individual making a false claim to insurance companies this links into personal injury and property damage. By this way people earn more money in other words being selfish and greedy. Insurance frauds include things like compasentation claims in accidents and many more. As a insurance fraud the cost as per a year in today world it cost them the twice in the lasr century for example million billions of dollars as annually in yealy. Another common fraud is arson where as a person to a youngster start a fire on a building such as their own business to claim insurance money but in this situation people claim fraud to lie to earn more money for they own business. Credit fraud is the other common fraud committed by white collar crime, a he or she as stolen someone else is credit card by using there information. Credit card fraud causes a million of lost per year. Hazel Croal, in the U. S credit card fraud is the most common fraud a least three quarters of credit fraud has been reported of white collar crime. Why is white collar crime the most dangerous type of crime? Edwin Sutherland implied that white collar crime is most likely to suave and less fourth right but less criminals (white collar crime: the uncut version 1983). The uncut verison 1983 in white collar crime, Sutherland theory at that time was one of the best theories because it concered all types of crime. As statistics white collar crime was never included this was because his theory didn’t support the fact on upper class or business on men weather there commits more crime then women. Sutherland provided four types of evidence which supported his theory and these are personal document, diffusion of illegal practice, isolation and social disograntons. Federal Bureau, believed that white collar crime became a very large of problem to everyone, he said it was punished by the law. He said the law had no control on the hard crime as the crime got out of hand or convicted in the streets. He said it has caused effects on different people lives. Society suggested the government may have took this serious but won’t doing the job enough has it became more serious and treated communities to suffer more. Quinney (1973) outlined two denfititos of white collar cime, occupational and coporate. Occupational crime is committed by a person in occupation. Whereas corporate crime is committed by the corpatrions as a whole the crime is planned and committed for the corporation finaical gain. Reference Joyce P, Criminal justice, an introduction to crime and the criminal justice system, USA and Canada, 2006 HG, org, Global Legal Resources, assessed date 28th April 2013 http://www. hg. org/white-collar-crime. html Strander, Kelly, J Undestanding white collar crime assessed date 28th April 2013 http://www. lexisnexis. com/lawschool/study/understanding/pdf/WhiteCollarCh1. pdf Croal H, Understanding white collar crime assessed date 28th April 2013 https://www. mcgraw-hill. co. uk/openup/chapters/0335204279. pdf

Friday, August 16, 2019

Chooks to Go Marketing Plan Essay

Executive Summary Chooks to Go oven roasted chicken is the trade name under Bounty Agro Ventures Inc. a conglomerate of the Bounty Fresh Group of Companies with more than 1,100 rotisserie outlets nationwide, is aiming to increase its sales in the province of Misamiz Occidental by 10% this year. The company is outsourcing its workforce in the ir Chooks to Go outlets so that the company will be hands off in any legal claims. However, they still assure that the Chooks to Go crews will have the wages and benefits they deserve . The company is also abiding the National Building Code of the Phillipines in building their Chooks to Go stores. This is to ensure the safety of the public. The Bounty group is rapidly expanding its Chooks to Go stores nationwide . This is due to the confidence they have gain in the economy as it had achieved 7.3% economic growth last 2010 and expected to be better this year. Denizens nowadays are more into healthy living that’s why the Bounty Group ensures that Chooks to Go provides the customers a guaranteed safe, cl ean and a high standard preparation for chicken and when it comes to technological advantage the company continuously invest in Research and Development to be able to cater the consuming public the best service and product s they deserve. The company also uses various technologies in preparing its products and high end chemicals in cleaning its equipment. On the side of the micro-environment, it has been noted that the population of the province had increased from 91,410 to 112,650 from years 1995 to 2007 b ase on the statistical data presented by NSO on their website as of July 2011. This significantly means that the potential customers of Chooks to Go is also increasing. On the other hand base on that data given, Class A potential customers are in 20.75%, C lass B are in 18.74%, Class C potential customers are in 28.67% and the Class D are in 31.84%. The competitors of Chooks to Go roasted chicken in the province are Sr. Pedro Lechon Manok, Ogis Lechon Manok, Botoy’s Lechon Manok and other local roasted chicken operators. The competitions forces in the province are in moderate level. The strength of the company is that they manufacture their own products, they operate their own broiler farms, feed mills and processing plants thus they have the sufficient supply for the increasing demand of the public. There is a good opportunity now for the company of having a product line that would be infused with essential vitamins and nutrients because people loves to eat healthy foods, thus making chicken healthier will boosts sales for the company. However on the other hand, the company is not free from any threat of poultry diseases like Bird Flu that cause to disable the industry’s operation and making sales to rapidly decline. The Chooks to Go roasted chicken is pri ced at P 149, 155, and 165 pesos depending on the sizes. Available sizes are Regular size, Bigtime size and Supersize which comes in three different flavors, Sweet Roast, Hot and Spicy, and Pepper Roast. All this roasted chicken are available in all Chooks to Go rotisserie stores. Chooks to Go will be advertise on FM radio stations here in Ozamiz City and will run for a year. Chooks to Go will also engage in Community Development activities here in the province to encourage youth to engage in sports rather than in illegal activities. Chooks to Go will be continuously differentiated from its competitors to be the only oven roasted chicken na â€Å" Masarap Kahit Walang Sauce†. And because of all the efforts in marketing Chooks to Go , it will contribute a 10% increase in the company’s sales this year. Aside from that Chooks to Go will be popular not only as oven roasted chicken that is delicious even without sauce but as a brand that participated in society where it operates. II. Marketing Goal Chooks to go is the only ORC that position itself to be the only roasted chicken na â€Å"Masarap Kahit Walang sauce†. Chooks to Go that invades the country by storm last 2008 and now have more than 1,100 outlets nationwide is now aiming to increase its sales and market share in Misamis Occidental by 10% this year. III. Environmental Scanning PEST Analysis Political and Legal Environment The rotisserie crew of chooks to go is under an agency which is the one responsible for their wages and benefits, however Bounty fresh ensures that the outlets workforce get the wages and benefits they deserve. E.g Minimum wage pe r region Bounty Fresh also ensures that every Chooks to Go outlets abides the National Building Code of the Philippines which is the policy of the state to safeguard life, health, property, and public welfare, consistent with the principles of environment al management and control; and to this end, make it the purpose of this Code to provide for all buildings and structured, a framework of minimum standards and requirements by guiding, regulating, and controlling their location, siting, design, quality of m aterials, construction, use, occupancy, and maintenance, including their environment, utilities, fixtures, equipment, and mechanical electrical, and other systems and installations. Economic Factors We can say that the economy of the Philippines now is doing well because of its achieved 7.3% economic growth last 2010, that is why the Philippines seeks to attract more foreign investment and enable the long underperforming economy to catch up with its fast-developing Asian neighbors. And this becomes a go od opportunity for Bounty Fresh to invest more in expanding the Chooks to GO stores in the country by putting a store in almost every city of the country. Aside from that it is no lie that Chooks to Go creates more employment having more than 1,100 outlets across the country. Social and Cultural Environment Filipinos were undeniably chicken lover, they crave for chicken, and Chooks to Go answer this cravings by providing Filipino’s a delicious oven roasted chicken na â€Å" masarap kahit walang sauce† There is also no doubt that people nowadays is more conscious with their health. A safe and clean preparation for food is a big factor that’s why Chooks to Go ensures that it provides the customer a safe, clean, guaranteed fresh, and a high standard preparation for chicken. Technological Factor Chooks to Go continuously invest in R and D to innovate its product, aside from roasted chicken they create value added products that are available also in the rotisserie outlet. They used various technologies t o ensure that the products quality will be maintained such as using meat thermometer and timer to ensure that the Chooks to Go chicken will be cooked in such manner that will be loved by many Filipinos. Using warmer to maintain the products hotness, using high end chemicals in cleaning the products used equipment’s.

Thursday, August 15, 2019

Critical Path Analysis

Critical Path Analysis INTRODUCTION: Planning, Scheduling and Controlling are three important functions of management. Planning involves the formulation of objectives and goals that are subsequently translated into Specific plans and projects. Scheduling is concerned about the implementation of activities necessary to achieve the laid down plans. The function of control is to institute a mechanism that can trigger a warning signal if actual performance is deviating (in terms of time, cost and some other measures of effectiveness) from the plan.If such a deviation is unacceptable to the concerned manager, he will be required to take corrective action to bring performance in conformity with the plans. The PERT and CPM models are extremely useful for the purpose of planning, scheduling and controlling the progress and completion of large and complex projects or for carrying out the analysis of these three managerial functions. Before we describe the basic concepts used in the constructi on and analysis of these models, let us first understand the meaning of a project. What is a project?A project can be defined as a set of large number of activities or jobs that are performed in a certain sequence determined logically or technologically and it has to be completed within (i) a specified time, (ii) a specified cost and (iii) meeting the performance standards. Examples of a project from fairly diverse fields are given below: 1. Introducing a new product in the market. 2. Construction of a new bridge over a river or construction of a 25 storied building, 3. Executing a large and complex order on jobbing production. 4. Sending a spacecraft to the mars. GENERAL FRAMEWORK OF PERT/CPMA network is a graphical representation of a project, depicting the flow as well as the sequence of well-defined activities and events. Developed during the 1950s, both CPM (Critical Path Method) and PERT (Programme Evaluation and Review Technique) are network techniques/models. The network app roach helps project managers in planning, Scheduling and controlling. As a planning tool it helps the manager to estimate the requirements of resources viz. , materials, equipment, manpower, cost and time for each activity or tasks of the project. This approach cannot make decisions by its own.It only provide additional information to executives to facilitate decision making process. Also it does not provide solution to every management problem. It certainly helps in identification of those activities, jobs or events which control the completion of the project. The working methodology of critical path analysis (CPA) which includes both CPM and PERT, consists of following five steps: 1. Analyse and break down the project in terms of specific activities and/ or events. 2. Determine the interdependence and sequence of specific activities and prepare a net work. . Assign estimates of time, cost or both to all the activities of the network. 4. Identify the longest or critical path throug h the network. 5. Monitor, evaluate and control the progress of the project by replanning, rescheduling and reassignment of resources. The central task in the control aspect of these models is to identify the longest path through the network. The longest path is the critical path because it equals the minimum time required to complete the project. All other paths other than the critical path (i. e. o critical or slack paths) offer flexibility in scheduling and transferring resources, because they take less time to complete than the critical path. ADVANTAGES OF CRITICAL PATH ANALYSIS There are a number of advantages in using critical path analysis. 1. It allows for a comprehensive view of the entire project. Because of the sequential and concurrent relationships, time scheduling becomes very effective. Identifying the critical activities keeps the executive alert and in a state of preparedness, with alternative plans ready in case these are needed.Breaking down the project into small er components permits better and closer control. 2. Critical path analysis offers economical and effective system of control based on the principle of management by exception i. e. need for corrective action arises only in exceptional situations and in most of other cases, performance is in conformity with the plans. 3. It is a dynamic tool of management which calls for constant review, a reformulation of the network, and finding the current path of relevance and optimum resources allocation.FUNDAMENTALS OF A CPA NETWORK ( Activity An activity is any portion of a project which consumes time or resources and has a definable beginning and ending. For example, â€Å"laying of pipe† is an activity requiring the use of resource mainly effort. Activity may involve labour, paper work, contractual negotiations, machinery operations, etc. Commonly used terms synonymous with â€Å"activity† are â€Å"task† and â€Å"job†. Figure 1 and 2 Activities are graphically r epresented by arrows, usually with description and time estimates written along the arrows.The tail of the arrow portraying an activity represents the starting point of the activity and its head represents its completion. The arrow may be straight slanting, or bent but not broken (see figure-1). The arrow is not a vector and need not be drawn to scale. ( Events The beginning and ending points of an activity or a group of activities are called events. Synonyms of an event are â€Å"node† and â€Å"connectors† An event is often represented graphically by a numbered circle (see figure-2), although any geometric figure such as square, oval, rectangle etc. will serve the purpose.We shall, however, stick to the most commonly used convention for representing an event viz, the circle. A few examples of events are as follows : (i) Material procured, (ii) Design completed, (iii) Project started, (iv) Bricks laid, etc. All activities in a network must commence from some event. Su ch events are called the tail events because they are connected to the tail of an activity. These are shown in figure 3. Similarly, all activities in a network must have terminal points called the head event because it is at the head of an activity. These are shown in figure-4.Figure-5 depicts tail and head events connected by arrows representing activities i. e. it depicts the dual role of an event. Event 14 is the head event for one activity and tail event for another. In a network, symbol â€Å"i† is used for the tail event (also called preceding event) and â€Å"j† for the head event (or succeeding event) of an activity. The activity, then being I-j. If an event represents the joint completion of more than one activity, it is called a merge event. If an event represents the joint initiation of more than one activity, it is called a burst event.A network is, then, a graphical representation of a project plan, showing the inter-relationship of the various activities. Networks are also called arrow diagrams (see figure – 6). When the results of time estimates and computations have been added to a network, it may be used as a project schedule. Conventions adopted in drawing networks: There are two conventions normally adopted while drawing networks. In the early stages of network drawing, it is suggested that the conventions should be respected until sufficient experience has been gained to justify dropping them.These conventions are: a) Time flows from left to right. b) Head events always have a number higher than that of the tail events. The above stated conventions allow activities to be referred uniquely by their tail and head event numbers, so that â€Å"activity 3-4† means only â€Å"the activity which starts from event 3 proceeds to event 4†; it cannot mean â€Å"the activity which starts from event 4 and finishes event 3†. Graphical representation of events and activities: Events are represents by numbers withi n circles. Activities are represented by arrows, the arrow-heads represent the completion of the activities.The length and orientation of the arrow are of no significance whatsoever (chosen only for the convenience of drawing). The activity of leaving place A and walking to place B can equally well be represented by figure-7. Fundamental properties governing the representation of events and activities: The representation of events and activities is governed by one simple dependency rule which requires that an activity which depends upon another activity is shown to emerge from the head event of the activity upon which it depends and that only dependent activities are drawn in this way.Thus, if activity B depends upon activity A, then the two activities are drawn in figure-8. Figure 7 AB 1. An event cannot occur until all activities leading to it are complete. 2. No activity can start until its tail event in reached. The above two properties can be combined into a single one, namely that â€Å"no activity may start until all previous activity in the same chain are completed. Logical sequencing are connection of activities; A project entails several activities. The arrows are arranged to show the plan of logical sequence in which the activities of the project are to be accomplished.The sequence is ascertained for each activity by answering the following three quires viz: (i)Which activity or activities must be completed before the start of a particular activity ? (ii) Which activity or activities should follow this? (iii) Which activities can be accomplished simultaneously? The activity or activities which immediately come before another activity without any intervening activities are called predecessor activities to that activity. The activities which follow another activity without any intervening activities are called successor activities to that activity.In a project of laying a pipe line, the three activities involved may be trenching, laying pipe and weld ing pipe. To decide the logical connection between these three activities necessary that they be carried out in series, the reasoning being that the pipe cannot be laid until trenching has been done and welding cannot be undertaken until the pipe has been laid. This way we decide the logical sequencing between different activities. Errors in logical sequencing: Two types of errors in logic may arise while drawing a network, particularly when it is a complicated one. These are known as looping dangling. 1)Looping: Normally in a network, the arrow points from left to right. This convention is to be strictly adhered, as this would avoid illogical looping, as shown wrongly below : (2)Dangling: The situation represented by the following diagram is also at fault, since the activity represented by the dangling arrow 9-11 is undertaken with no result. A To overcome the problem arising due to dangling arrows, following rules may be adopted. (i) All events, except the first and the last, must have at least one activity entering and one activity leaving them, ii) All activities must start and finish with an event. (3)Duplicate activities: Consider the following figure 11: A XY B Figure 11 In the above figure, activities A and B may be called duplicate activities because they have same head event (i. e. 6) and the same tail event (i. e. 7). One remedy for such a situation is the introduction of a dummy activity (4) Dummy activity: It is a hypothetical activity which consumes no resource and time. It is represented by dotted lines and is inserted in the network to clarify activity pattern under the following situations: ) It is created to make activities with common starting and finishing events distinguishable. ii) To identify and maintain the proper precedence relationship between activities that are not connected by events. iii) To bring all â€Å"loose ends† to a single initial and a single terminal event in each network using dummies, if necessary. For example, problem of duplicate activities in the figure-11 above may be circumvented as shown in figure-12. A XY B Figure 12 Figure – 13 shows three cases for the following set of dependency relationships: Activity C is dependent upon both A and B.Activity D is dependent upon A alone. BC AC A DD BA C B AD The first portrayal (on top left of figure-13) is clearly wrong since it shows D as dependent upon not only A but also B which is not desired. The other portrayal (ii) is also wrong since A is being shown twice and thus contravenes the fundamental axiom of network that three must be one arrow for each activity. The way out to this dilemma is the representation by means of the dummy activity. In the third portrayal of figure -13, C is dependent upon both A and B (via dummy) whereas D is dependent upon just A.Numbering the events: The event numbers in a network should in some respect reflect their logical sequences. When a complicated network has been drawn then the problem of assignin g numbers to the events involved in the network arises. A rule devised by D. R. Fulkerson, involving the following steps may be followed to resolve the problem numbering the events. i) An â€Å"initial† event is one which has arrow/arrows coming out of it and none of the arrow entering it. In a network there will be only one such event. Call it â€Å"1†. (ii) Delete all arrows coming out from the event 1. This will give us at least one more â€Å"initial event†. i) Number these events as â€Å"2, 3†¦. † (iv) Delete all emerging arrows from these numbered events which will create new initial events. Then follow step (iii). (v) Continue the above steps till last event is obtained which has no arrows coming out of it. Consider the numbering of events in the following figure. Figure 14 F AFA BG B CH CG AF AF BG BG CH CH AF AF BG BG CH CH Figure 15 Here we proceed from left to right. The event with least x- co-ordinate is assigned the smallest integer, sa y 1. other events are assigned progressively higher integers with regard to x-co-ordinate.If two or more events (4 and 5 above) have the same x-co-ordinate, the one towards arrow should have higher number. Further, it is not necessary, and in fact also not desirable to number the events consecutively. It would be a better scheme to number the events as 10, 20, 30, 40, 50, 60, 70 in the above diagram instead of 1, 2, 3, 4, 5, 6, 7. This affords insertion of more activities and events omitted by oversight or having become necessary in view of certain logic revisions. It was mentioned earlier that it is desirable that all the activity arrows point from left to right. If the arrow is vertical it may point downwards or upwards.For the sake of preventability it is to be recommended that activities emanating from one event or converging to another may make as great angles between themselves as possible. A few more conventions are given below: (i) Keep the arrow to the extreme right. (ii) A s far as possible avoid drawing arrows that cross each other. Usually by suitable ‘stretching’ the network diagram it is possible to avoid this. (iii) Where, however, crossing is unavoidable, bridging may be done. This applies to dummies as well. Draw boldly a big network. Smaller ones are confusing. Use of pencil and rubber is recommended.Exercise: Depict the following dependency relationships by means of network diagrams. The Alphabets stand for activities. 1. A & B control F; B and C control G. 2. A & B control F; B Controls G while C controls G and H. 3. A controls F and G; B controls G; while C controls G and H. 4. A controls F and G; B and C control G with H depending upon C. 5. F & G are controlled by A, G and H are controlled by B with H controlled by B and C. 6. A controls F, G and H; B controls G and H with H controlled by C. Answer: The required networks are given in figure -15 Exercise: Find out the superfluous (unnecessary) dummy activities in the network b elow. BEH C AF G D Figure 16 JKL M FG AB CDE H M IK Figure 14 Basic steps involved in drawing a CPM/PERT network : Network is defined as a diagram representing the activities and events of a project, their sequence and inter-relationships. The basic steps involved in drawing a network are: i) Breaking up of the entire project into smaller systems known as tasks. ii) For each tack ascertain the activities and events to be performed. iii) For each activity determine the preceding and succeeding activities. iv) For each activity determine or estimate the time and other resources needed. v) Draw a network depicting the assembly of tasks into a project.Network Construction Problem 1 The activities involved in the computer installation process are detailed below. You are required to draw the network. ActivityPredecessor Activities A. Physical preparationnone B. Organizational planningnone C. Personal SelectionB D. Equipment InstallationA E. Personal TrainingC F. Detailed systems designC G . File ConversionF H. Establish standards and controlsF I. Programme preparationH J. Programme TestingI K. Parallel operationsD, E, G, J. L. Finalize systems documentationI M. Follow upK, L B< C (ii) AA None < A None < B B B D C D A A < D (iii)C