Beyond the Disability Essay -- Interview Essay

Born in Northern Ireland, Eamonn McGirr began his career not as the lively, captivating performer he is promptly known as, but as a mathematics professor. I had the opportunity to meet and interview Mr. McGirr while working for the school newspaper. After interviewing Mr. McGirr it is easy to cypher him amongst a classroom of young students. Not only is he articulate and engaging, but even more striking is the overwhelming sincerity and compassion he radiated throughout our conversation. Mr. McGirr has been an active member of the disabled community for some time now. His main motivation to become an active participant has been his daughter Mareena. Mareena has cerebral paralyze and Mr. McGirr has worked tirelessly to raise support for individuals living with C.P., as hygienic as other disabilities. It comes with unfortunate irony that he, a bastion of strength for the disabled community, has late suffered his own physical trauma. It was just over a year ago that Mr. McGirr su ffered a spinal injury that has left him in a wheelchair, as well as severely limiting the movement in his hands. During his six months in the hospital Mr. McGirr felt periods of great discouragement. He feared that his entire sustenance would need reconstruction. in that location were even moments when the doctors had indicated that there was no hope that he would ever perform again. However, with the support of Mareena and his wife Mary, Mr. McGirr found hope when things seemed hopeless. After receiving a deluge of inspirational letters ranging from Governor Pataki to other individuals suffering their own personal disabilities, Mr. McGirr decided it was time to return home and begin his life again. His stories were not sugar-coated... ...e sums of money, every fine bit helps. In spreading the word, we can get many small donations that together can make a real difference in the life of one individual. Prior to our interview, I had only known Eamonn McGirr as the performer w ho sang tirelessly for 11 days and 20 minutes, breaking his fifth Guinness area Record - all in the name of the Center for the Disabled. However, after our interview, I had respect and admiration for a man who not only devoted himself to a cause, but has done so with a passion and fervor scarcely found. Eamonn McGirr has given himself fully to the disability movement and now, himself living with a disability, continues to work at full throttle. Mr. McGirr stands out as a pivotal and significant figure in the disability movement, and I believe he has set a actor that will inspire and motivate generations to come.

Othello :: essays research papers

In the Elizabethan times, there was a common belief that all beings belonged to a structure called the "Great Chain of Beings". At the top of the kitchen range was God, who was the absolute symbol of perfection, followed by angels which had reason, human beings, and then animals, that were full of passion. It was believed that the human being was a mixture of both the angel and the animal, thus there was remainder between these two halves of a human being. The angel was representative of all that was right and virtuous and in contrast, the animal was representative of all that was wrong and self-serving. When Iago make the comment that, "Hell and night must bring this monstrous birth to the worlds light," (I, i, 394-395) his calling upon the forces of darkness to achieve his goal illustrates the imbalance in the conflict that rages in his soul. Iago is an individual whos perspective of the world is dominated by his animal nature. Due to his own lack of virtue, Iago does not believe that any(prenominal) virtue exists at all. In his actions, he seeks to bring all around him to the same level of existence. The motive for the evil he commits is none other than to commit evil. therefore beyond all of the reason and thought that he cloaks himself in, Iago is really a case that is truly dark at his core.&9Iago is a character who believes that there is no such thing as virtue in any individual that he meets. His animalistic perspective of individuals lets him believe that everyone around him has the same self-serving attitude towards life as his own. "When the blood is made dull with the act of sport, there should be game to inflame it and to give satiety a fresh appetite,"(II, i, 225-227). Iagos animalistic nature believes that Desdemona will eventually cheat on Othello when she is satisfied with her body, for he believes that the only purpose of sex is to satisfy an individuals internal craving. He does not believe in the virtue of lo ve, so he can not understand that there was more to the relationship between Othello and Desdemona. Thus his lack of virtue limits his ability to see the intentions of the people who are around him. To him, the world around him is one that is governed by the basic rule of evolution, only the hefty may survive.

Summary of The Pearl :: essays research papers

kino, a young off-white diver in La Paz, enjoys his simple liveness until the day his son, Coyotito, is stung by a scorpion. The wealthy town doctor will not treat the baby because kino gum cannot pay the doctors fee, so Kino and his wife, Juana, are left only to hope their child is saved. That day Kino goes diving, and finds a great pearl, the Pearl of the World, and knows he is suddenly a wealthy man. The invent travels quickly about the pearl and many in the town begin to plot ways to steal it. While the townspeople plot against Kino, he dreams of marrying Juana in a church, buying a rifle, and sending Coyotito to school so that he can learn to read. Kino believes that an education will free his son from the poverty and ignorance that have oppressed their people for more than four hundred years. The doctor comes to treat Coyotito once he learns of Kinos pearl, and although the baby is healed by Juanas remedy, the doctor takes profit of Kinos ignorance. He convinces Kino th at the child is still ill and will die without the care of a doctor. The doctor then manipulates Kino into unwittingly revealing where he has hidden the great pearl. Kino moves the pearl when the doctor leaves. That night, an intruder comes into Kinos hut and roots around near the spot where Kino had first buried the pearl. The adjacent day, Kino tries to sell the pearl in town. The pearl buyers have already planned to convince Kino that the great pearl he has found is price very little because it is too large. This way they can purchase the pearl for a low price. But when the buyers try to cheat Kino, he refuses to sell the pearl and plans to travel to another city to sell at a fair price. His brother, Tom Juan, feels Kinos plan is foolish because it defies his entire way of life and puts his family in danger. Kino is now on his own, although he doesnt know it yet. Juana warns Kino that the pearl is evil and will destroy his family, but he refuses to throw it away because it is hi s one incur to provide a different life for his family. That night, Juana takes the pearl and tries to throw it into the sea, but Kino stops her and beats her.

At the Tomb of the Inflatable Pig :: essays research papers

IntroductionThrough the eyes of a British man Paraguay is pictured as a country of eccentricity and contradiction, of beguilingly individualistic men and women. As this TP was write my points of view was the most important information source, disagreeing with the author in some of his statements.He describes a dirty country, and in my defence it is not like that. In relation to the title, in the cover of the book is the photo of a pink pig. It does not say why, but I suppose that it would be on trade in the market and called his attention. Or perhaps, the inflatable Pig was a premonition of its book Great by outside, emptiness on the inside.AT the Tomb of the Inflatable PigIs a book about Paraguay written by John Gimlette, an English lawyer who has come here in Paraguay for visit. But from its beginning, the book is wide of the mark of errors and plagued of hatred towards Paraguay. Paraguay is not merely marooned, it is almost impenetrable, why does he said that? Our country i s open to travel in and out, for my personal experience, Paraguay is neither isolated nor impenetrable, and I would travel with no problem at all, if I had the means. Commerce in general terms is good here, we import as much as we export. It has become a refuge to Nazis, cannibals, strange sixteenth-century Anabaptists, White Russians and fantastic creatures that ought long ago to have been extinct. The Paraguayans describe their landlocked nation as atomic number 16 Americas Switzerland. In truth, it is its Cinderella. I do not know anyone who thinks that Paraguay is the South Americas Switzerland as he mentioned. A by-product of Paraguays strong kinship and oral traditions is that no one agrees on anything. History is largely a matter of opinion, again, he is completely wrong, why he did not ask some of the good, excellent historians that this country has.It describes the life in Paraguay of that time so excellently that it is peculiar that a man so misinformed as Gimlette that writes a book plagued of errors, has called the attention of the elite press, North American. The book was published originally by Hutchinson in London, in 2002. The U.S.A. version just got out. -- This is the certify book recently written by an English about Paraguay. In both, the writers did not scrimp poison.

war of the worlds :: essays research papers

War of the Worlds was written in response to several historical events. The most important was the unification and mobilisation of Germany, which led to a series of novels predicting war in Europe, beginning with George Chesneys The Battle of Dorking (1871). Most of these were written in a semi-documentary fashion and well borrowed their technique to take up his interplanetary war tale to specific places in England familiar to his readers. This attempt at hyper-realism helped to inspire Orson Welles when the latter created his famed 1938 radio broadcast establish on the novel. John Goslings site on the broadcast. There was a specific event that inspired Wells. In 1894 Mars was positioned particularly closely to Earth, leading to a great deal of observation and discussion. Italian astronomer Giovanni Schiaparelli had reported seeing "canali" on Mars, meaning "channels," but the term was mistranslated as "canals," leading to much scheme about life on the red planet. Although scientists were able eventually to photograph what seem to be large stream beds on Mars, these are on a much smaller scale than the blobs and blotches which misled Schiaparelli into thinking he had seen channels. One of the 1894 observers, a M. Javelle of Nice, claimed to have seen a strange light on Mars, which further stimulated speculation about life there. Wells turned Javelle into Lavelle of Java, an island much on peoples minds because of the explosion there in 1883 of Mount Krakatoa, which killed 50,000 people and drastically influenced Earths climate for the next year.Wells became famous partly as a prophet. In various writings he predicted tanks, aerial bombing,

war of the worlds :: essays research papers

War of the Worlds was written in response to several historical events. The most important was the unification and militarization of Germany, which led to a serial of novels predicting war in Europe, beginning with George Chesneys The Battle of Dorking (1871). Most of these were written in a semi-documentary fashion and rise up borrowed their technique to tie his interplanetary war record to specific places in England familiar to his readers. This attempt at hyper-realism helped to inspire Orson Welles when the latter created his famed 1938 radio broadcast based on the novel. John Goslings office on the broadcast. There was a specific event that inspired Wells. In 1894 Mars was positioned particularly closely to Earth, leading to a great deal of notification and discussion. Italian astronomer Giovanni Schiaparelli had reported seeing "canali" on Mars, meaning "channels," but the term was mistranslated as "canals," leading to much speculation about life o n the red planet. Although scientists were able eventually to photograph what seem to be large stream beds on Mars, these are on a much smaller measure than the blobs and blotches which misled Schiaparelli into thinking he had seen channels. One of the 1894 observers, a M. Javelle of Nice, claimed to have seen a strange light on Mars, which further stimulated speculation about life there. Wells turned Javelle into Lavelle of Java, an island much on peoples minds because of the explosion there in 1883 of Mount Krakatoa, which killed 50,000 people and drastically influenced Earths climate for the next year.Wells became famous partly as a prophet. In various writings he predicted tanks, aerial bombing,

A Grain of Wheat by Ngugi wa Thiong’o

This naturalize of art is set in pre-in qualified Kenya as the vie between the colonizers and the Africans escalate. It gives a clear compute of colonial Kenya as it were and as the Africans tried to resist British rule through the Mau Mau guerillas.A Grain of Wheat by Ngugi wa Thiongo is a novel that illustrates the people of Kenya and each of their personal journeys as they all struggled for independence through the use of a few characters. According to Nadine Gordimer, it is an extremely interesting piece of work because it brings a new theme to African literature-the effects on a people of the changes brought about in themselves by the demands of a bloody and bitter struggle for independence p 226Mugo is depicted in the novel as one of the major characters. He is seen as an introvert and mostly keeps to himself. In the British allow for camps where the Africans lived and worked. He is seen as a hero as he led a hunger strike and came to the defence of a pregnant woman who wa s to be beaten to death by a village guard. Ironically Mugo is the one who betrayed Kihika to the British and because of this, he is now the introvert he is and broods a lot.Appargonntly Mugo is also desirous of Kihika this is evident when he thinks to himself what right has such a boy to talk like that? What arrogance?I hate him, he heard himself say. He resents Kihika that he should be able to command such respect from everyone as he does, including his elders who all listen when he talks. their eyes were fixed on Kihika their lives seemed dependent on his falling words.Kihika who is undoubtedly the hero in the novel is portrayed as a martyr. This is because he is seen to sacrifice himself for the good of the country. On the other hand, he alludes himself to Christ in the sense that he died for the good of the people. Watch ye and praycalling on his audience to remember the great Swahili proverb kikulacho kiko nguoni mwako. Meaning, those who betray you are usually your closest a llies. This further alludes to him as Jesus and Mugo as Judas Iscariot.Mumbi is Kihikas sister and Gikonyos wife. She is said to be the most beautiful woman in the area. Although not voluntary, she betrays her husband with his rival Karanja when he forces her to sleep with him. This causes great resentment from her husband when he returns from prison. Mumbi sees herself as the biblical Ester in trying to bring in justice for the people.Karanja although an African, is a collaborator. In this sense, he betrays his people by siding with the white man and betraying his people. He is suspected by the people as macrocosm the one who sold out Kihika but ironically it wasnt him. He is jealous of gikonyo but at the same time refuses to consider him a serious-minded rival for Mumbi.

I’Ve Been to the Mountaintop Analysis

Through the speech Ive Been to the Mountaintop, Martin Luther great power Jr. wants to expire hope to the interview. It is very important to notice the style, imagery and structure he uses without the speech in particular the management he revokes his speech, by departure the audience at the climax. The get-go paragraph of this passage, consists of two long and complex sentences. These two sentences are very biblical. view of the whole human history up to now, and the Almighty said to me . This line is notable because he uses the word Almighty, instead of the word God.By using this, the religious audience sees this point differently. Almighty sounds to them as God would be in an even higher position, which makes it more significant. In line 3 and 4 there is direct speech from God to Martin Luther King where God asks him Martin Luther King, which age would you like to live in? . This dramatizes the situation, because the audience imagines how God is actually talking to Marti n Luther King. The image of God in this text passage is especially significant because no one has a picture about God, notwithstanding everyone knows that God is Almighty and each individual has a different picture of God.Because the audience consists of mainly religious people the use of religious terms is important. In the second paragraph of this passages the audience sees another view of God, where God is as a person working. Having explored how the author has presented his biblical language it is now important to consider the use of his tone, in particular how some words are world strain more. For example in line 5, dark dungeons. This is an alliteration but also the sound of it creates a singing impression.The repetition in line 17 front-runner, favorite formula , is important, because that makes this line more enthusiastic and lets the audience get a deeper understanding. However in the third paragraph an everyday language style is being used. Next, I will go into the im agery part of this passage. What makes this part of the text in particular rewarding to analyze is the way Martin Luther King presents God to the audience. He shows that God is similar to everyone. This is clearly shown in line 12 to line 13, where he says And I see God working in this period of the 20th century in a way that men, in some strange way, are responding. . Here he also shows, that God does not use his churchman powers, instead he shows him as working like every other person. The image of the promised land (line 6 and line 33) is particularly significant to the audience, because everyone imagines the promised land different. near in the audience think of a place which is similar to paradise. In this place there would be no war, no hate in common it would be a peaceful place. In a way Martin Luther King is representing himself as Moses, and his mission is to bring the audience to the promised land.Additionally he uses words, which where used during the time of Moses, much(prenominal) as the promised land. He also states, that he hast been to the mountaintop, and that he has looked over (line 32) and he has seen the promised land (line 32). However, Moses died the day after this happened, so in a way this fore shadows, the death of Martin Luther King Jr. , because he actually was assassinated the day after this speech. The structure of this speech consists of the background, the present and the qlimax, where the speech then stops.In the first two paragraphs, Martin Luther King starts of by going back into history, where God would ask him in which age would you like to live in? . Then Martin Luther King goes through many historical known places, and always repeats the phrase saying I wouldnt stop there . With this repetition the audience sees where he is trying to go, and what he is trying to avoid to get to that point of history where he wants to live. He decides to live in the twentieth century, because this century is very important. It is imp ortant because after he says, Now thats a strange statement to make, because the world is all messed up.The nation is sick. Trouble is in the land confusion all around. (line 9 to line 11). In a way he is also trying to say, he decided to live in this time, to help the nation get their hope back, and make them wish the world again. Toward the middle, he is speaking with more hope, in a lighter but louder voice. The text also becomes more positive, for the people to get their hope back. The end of the speech is a very important part, because he leaves the audience at the qlimax of his speech. He finishes by saying Mine eyes have seen the glory of the glide path of the Lord (line 34) and then he leave the podium.The audience then applauses, where every individual seems to be convinced of his speech. In conclusion the text is very advantageously setup, where the structure, the style and the imagery work together in a way to create an atmosphere, where it seemed that at the start of the speech everything still had a bad impact, however towards the end of the speech it turned out to be good again. In my personal opinion I think that Martin Luther King, gave the audience back their hope, in effectuate to take non-violent action and maintain unity again. 939 words.

Cultural Misunderstandings Essay

Are you drinking plenty of fluids?Patient thoughts I wonder why he is asking me that, what it is with these mickle and piss I dont like the water here. Its too cold. I dont know whats wrong with mess here that they drink that. Really And what happens when you drink the cold water?Patients thoughts What does he mean, what happens? Everyone knows that drinking cold water is not good for you. Maybe I should im get along with a dissimilar doctor. I hate cold water I put it in the microwave to heat it up before I jackpot drink it.In this case, the ethnical misunderstanding occurred when the doctor failed to understand that some cultures learn and believe from an early age that drinking cold water cigarette be detrimental to the body and they are discouraged from drinking it (Fauzi, 2008). This resulted in the patient role becoming dehydrated because he was hesitant to drink the tap water as it was much cooler that they were used to. The patient found it inconvenient or impossible t o heat water up at work or at school where there was no access to a microwave, so he just didnt drink at all. Even without this knowledge, the doctor could go on to constrain suggestions of other liquids besides cold water that he could substitute to keep him well hydrated. However, knowing this information could have prevented him from making the patient feel awkward or uncomfortable.These misunderstandings cross over into the psychotherapeutic process as well. Misunderstandings happen from many another(prenominal) reasons including scarcely not limited to a pretermit of cultural knowledge, and inability or hope to see and understand differences in others as well as in ourselves. Specific clinicians, known as universalist clinicians tackle these issues under the pretense that these cultural differences should remain out of the spotlight when it comes to psychotherapy. They believe in highlighting similarities rather than differences and feel that if general factors are present , therapy provide have a positive outcome regardless of ethnicity, context or race. They basically choose to overlook the cultural differences.One the other side of the smother we have Particularist clinicians , which in sharp contrast to the universalists believe that cultural differences have a significant impact on individual experiences. They feel that these factors strongly look on how people define themselves as well as how they relate to others (Marcos, 1979). They view these differences as insurmountable obstacles and recommend that thickenings seek out therapists of their own cultural play down in order to be successful in treatment.The type of clinician, known as the trancendist clinician, recognizes the importance of bringing cultural differences to the forefront and developing specific plans of body process to do so. From their perspective it is felt that these differences can be transcended, or simply put, that clinicians can develop cultural competencies allowing them to effectively provide treatment strategies to clients from many different backgrounds other than their own (Angelou, 2012).Its pretty clear that psychotherapy today adheres to a more trancendist perspective when developing and working through treatment plans for clients with divers(a) cultural backgrounds. in that location are several recommendations on how to effectively address culturally diverse clients. First , clinicians and professionals should view cultural differences as dynamic, complex, and subjective at that place are some very obvious characteristics such as accents , color of skin, or socioeconomic status that can be immediately categorized as culturally different, but the how they are interpreted or what thesedifferences mean are subjective.Beyond this , cultural differences are very complex , including a multitude of variables ( age , gender, language, religion, education level ) and it is crucial to consider all these factors when determining how they come together to define someones identity. Finally, perceptions of the therapist as well as the client are what constitute cultural differences as dynamic as opposed to static. As therapist and client progress through treatment what was at once considered a cultural difference may fade into the background as other issues and factors come to the surface (Angelou, 2012). In this respect , therapist are advance to constantly seek how meanings can change , rather than operate on the pretense that once the cultural difference is defined and understood , that it is no daylong necessary to explore.Another way to reduce cultural misunderstandings is to address similarities before discussing cultural differences. Clients and therapist may not only differ on many cultural attributes, but may also share some of those cultural characteristics. A helpful approach would be to identify commonalities before delving into the differences. This could be super beneficial to the client, and the therapist s knowledge of similarities may help reduce a client anxiety or ambivalence. It also serves to build rapport, making the client feel more secure and accepting about sharing information and getting to the root of underlying issues.Cultural differences should be addressed as assets. unluckily many people from culturally diverse backgrounds have experienced how the majority misconstrues their differences as deficits. In the U.S. alone , members of a non dominant groups , such as anything but Caucasian, homosexual, disabled, non Christian, and female to cite a few, are often viewed as deficient, whereas male heterosexual white Christians are viewed in a more favorable light. Whenever possible, clinicians should make attempts to study how these differences relate to the clients strengths, rather than perceiving them as weaknesses. Many of us value differences and consider them assets however this is sometimes a harder message to film during therapy considering the way that people view differences from dominant groups as a problem.Although there are many different ways to address the issue of reducing cultural misunderstandings, the last one I will identify may be the most important. It is imperative to have a well versed, culturally competent therapist. There are three common dimensions to this. First and most obvious, the therapist attitude and beliefs about cultural different individuals set the stage for the success of the psychotherapy. Clinicians should deeply explore their feelings about prejudices and cultural biases before attempting to move forward with the treatment of a culturally diverse client. There are many different avenues a therapist can take to become more culturally competent such as reading and education, seeking out advice or supervision from more culturally competent colleagues, attending cultural events and exposing ones self to people of different cultures. A willingness as well as a genuine desire to learn about different cultures is imp ortant as well as the understanding that this learning can be a lifelong process.ReferencesAngelou, M. (2012). Addressing cultural differences in the psychotheraputic process . Retrieved from http//www.sagepub.com/upm-data/50449_ch_4.pdfFauzi, S. (2008). Doctor meets patient The effect of cultural memory on the medical interview. Retrieved from http//www.uta.edu/modl/cultural-constructions/200705/html/fauzi.htmlMarcos, L. R. (1979). Effects of interpreters on the evaluation of psychotherapy in non-English-speaking patients. American Journal of Psychiatry, 136, 171-174.

Transportation Management

In the past, window pane heed was a tactical concern a necessary cost of conducting business, which does not rent much impact on profit margins. Today, rising fuel prices and increased pressures for rectifyd service pee-pee made transportation get it onment a strategic issue. Companies have to meet and exceed customer expections if they are to be the preferred service and goods provider. A transportation management system (TMS) is an end- to -end software solution that is a part of supply chain management concerning transportation operations. It includes planning and optimization, execution, business intelligence, and freight payment.In addition, it also supports additional services, such as bid optimization, network modeling, kB management, benchmarking, and dock scheduling. Inbound and outbound networks too are supported on a global basis, usually functioning companies to move freight from origin to savoir-faire cost effectively. In this essay, I ordain be using Sargen to Foods as a case study. The focus of the essay will be on analysing the quick TMS solution adopted by the firm, identifying their areas of weaknesses and recommending strategies that will help to improve the transportation system to better suit the evolving needs of Sargento Foods.Background information Sargento Foods Inc. is a family-owned business, employing approximately 1,300 tribe at cardinal Wisconsin facilities, one in Washington, and one in South Dakota. They are one of the largest converters of cheese in the United States, offering a concoction of cheese products marketed through four business divisions Consumer Products Division, Food Service Division, Food Ingredients Division and Culinary Solutions. Inadequacies of its existing system before the switch to superlative TMS Sargento was managing their dissemination and logistics with a hosted TMS solution which was not able to meet their operational requirements.When Sargento Foods planned orders into shipments, the previous solution did not consider the cost, service or contractual commitments to mail holders. It was not able to accurately allocate transportation be at the order level. For example, accessorial costs were not being allocated. Recognizing the limitations of their current system, Sargento realised the need for a solution that would meet their current operational needs, as well as any changes they may face in the future. Solution adopted by Sargento FoodsSargento and set IBM to be their provider and went live with superlative conveying Management System (Sterling TMS) in 2006, delivered on cloud, integrating with 30 carriers, shipping approximately 3,000 orders per month, and transporting 24 trillion pounds of Sargento products on average per month. Sterling TMS works with Sargentos existing supply chain applications as well as IBM Sterling Information Broker, allowing them to improve logistics efficiency and customer satisfaction.Customers are placing orders via EDI, whic h are then fed into Sargentos SAP ERP system. SAP feeds inbound purchase orders to Sterling TMS as well as Sargentos Warehouse Management System. Sargento uses Sterling TMS for shipment planning, execution and freight payment. They are now able to track the motion of their carriers, allowing them to identify areas where they locoweed freeze off costs. They are also utilizing the system for visibility purposes and can now accurately allocate transportation costs to their customers.With Sterling TMS they can clearly identify where their shipments are throughout the process and confirm the right rates for the right shipments. They are also using freight payment on the back end subsequently the shipment is completed. Key benefits As Sterling TMS system is delivered on cloud, this results in fewer IT resource requirements, no upgrade costs, configuration instead of installation, faster and easier connectivity, and refuse total cost of ownership using a system that spans the entire p rocess of Planning, Execution, settlement and Performance analysis.On time deli genuinely Sargento Foods on time delivery has always been 99%. With the implementation of Sterling TMS, on time delivery has improved. Lower cost with the implementation of Sterling TMS, Sargento has been able to turn down the cost of product shipped per pound by 15 percent. through more(prenominal) than efficient planning, clear identification of carrier costs and formalized contracts within Sterling TMS. 60 percent administrative cost savings by automating freight payment Sargento improved operational efficiencies by eliminating manual processes and non-value added services.In the past, if a carrier supercharged Sargento an incorrect transportation cost, Sargento did not have the visibility to correct these charges prior to being invoiced for them. Sargento would calculate the rates, but were often invoiced using a different rate. As a result, Sargento had a difficult time reconciling payments. Sin ce the implementation of Sterling TMS, each carrier has a contract in the Contract Management module of the system where their rates are locked and paid accordingly with no discrepancies.Not only has the system helped Sargento manage costs, the automation has reduced the manpower required to reconcile payments from 15 hours per week to six hours per week resulting in a 60 percent reduction in administrative costs for freight payment. Improved allocation of costs Accruals are done as soon as the product is loaded at the distribution center. The billing information is fed to the finance department and the accumulation of transportation costs is done in real-time. Accessorials that occur during delivery are captured as part of the invoicing process and are also allocated down to the order level.This helps to retard the real cost of freight is captured for each customer. With Sterling TMS they are now able to evaluate charges during the year to better determine what the customer charg es should be the sideline year, taking in to account the back end fees that each customer was accumulating. This allows Sargento to accurately allocate costs back to their customers and helps ensure Sargento remains profitable. Reduced LTL shipments by 60 percent Prior to the implementation of IBM Sterling TMS, Sargento was doing 10 percent of their shipments via Less than TruckLoad (LTL).With the visibility provided by IBM Sterling TMS, they are able to convert more of their shipments into Full TruckLoads (FTL), with only 4 percent now being shipped as LTL. With enhanced planning capabilities, Sargento can now plan multi-stop and multi-pickup routes consolidating on average four different customer orders per shipment, for optimal execution and further cost savings. Recommendations to improve transportation management system Improve on missing functionalities and international carrier network There is no perfect transportation management system in the market.While IBM sterling TMS is a comprehensive solution, however it does have its own inadequacies repayable to its missing key functional pieces( fleet management, multileg international shipment planning/optimization and execution, and multicarrier parcel management). To improve on this, it could partner up with other providers whose strengths equilibrise and make up for its missing functionalities to provide a more comprehensive one stop solution for clients like Sargento Foods. Sterling TMS strength lies only in its North American carrier network and its functionality is incomplete for the most complex users.The lack of a comparable international carrier network holds it back in complex global TMS management which could affect clients i. e Sargento Foods should the the needs of the latter evolve with increasing complexity, requiring a complex global TMS management. Sterling TMS would have been more competitive in the marketplace if it can replicate the scale of its carrier network in international market s. Special carrier mobile application Sterling TMS gives its carriers the great power to update shipment status and tender requests using mobile devices.Since the power of a TMS is directly proportional to the expertise of its users, vehicle operators should be handy so that they possess the skills to extract the maximum value out of the TMS solution. TMS to add social media capabilities. The communities of carriers, shippers, 3PLs, suppliers and customers who are involved in transportation process can be connected via different mediums like facebook, twitter and also google+ by sending short messages and updating the status information. Dropbox can be used for sharing invoices and carrier credential documents. Siri for TMS.Since voice recognition is in use in the warehouse management, Sterling TMS too can also make use of this voice functionality kinda than manual execution to conduct a count faster. However at present there is still room for improvement in voice search yieldin g precise results. Tapping into big data Beyond merely tendering the system, Sterling TMS can also further engender systems that utilise big data that is store during the transportation process and stored in the TMS by imbedding business intelligence into TMS so as to analyse the data to identify key trends in the market in order to make informed business findings.Business Intelligence Business Intelligence helps to understand transportation expenditure and allow causes of negative trends in costs and performance to be identified so that corrective actions can be taken and enable the opportunity costs between service and cost trade-offs of different transportation strategies and tactics to be evaluated. Sterling TMS makes use of performance dashboards which is useful but does not provide Sargento with any insight on how its performance compares against industry peers or the broader market. The data only reveals information at hat instant in time and is not embedded within the TMS , which limits the ability for users to leverage it. 3PLs and SaaS providers are in the best position to provide this missing link as they have a built-in network of shippers, carriers, and other trading partners that execute millions of transportation proceeding annually through their operating platforms. Therefore, Sterling TMS hey can use all of this network datasuch as rates, carrier performance, and transit times to develop a transportation index that gives companies visibility to market-level trends.They can then embed this index information within their TMS application and BI dashboard as LeanLogistics did with its LeanDex passage Index. CH Robinson and Transplace too are exploring ways to leverage their network data and TMS business intelligence dashboards in a similar way. Similarly Sterling TMS can tap on business intelligence to provide more value add to clients like Sargento Foods. TMS vendors will go beyond execution In its 2011 Transportation Management Report, resear ch firm Capgemini Consulting outlined the conglomerate components that make up the execution sideas opposed to the planning aspectof a typical TMS. One of the biggest trends were seeing right now are TMS that are trying to be more than scarce execution systems, says Chris Caplice, executive director at Massachusetts Institute of Technologys Center for Transportation and Logistics. Basically, a TMS gathers the information on a load to be tendered and matches that data to a diachronic routing guide. Then it communicates to a carrier and manages the ensuing communication process The more advanced TMS is going beyond that and tapping into other information services and utilizing that data to help the shipper make the best possible decisions. If Sterling TMS can be connected directly into a market data benchmarking service that funnels data back to the system, this will positioning Sterling TMS to serve as more than just an execution feed. Customised software Transportation management systems offered by vendors like Sterling IBM should offer a flexible configuration that adapts to companys unique strategies, network constraints and variables so that it is designed according to a companys specific circumstances. With so some constraints and variables, transportation issues cant be solved with a cookie cutter software that is generally used for all companies.Software designed should be personally customised for individual companies or may be customizable by users. The transportation management system should support a wide range of mathematical approaches, allowing the company to sight the problem holistically and then constantly modify those approaches based on its current needs and requirements as the variables change. However, the cost of this may be higher and customisation would require the skillful team in Sargento Foods to work togther with the software provider to come up with a custom made software specifically designed for Sargento Foods.Also the assu mption would be that employees of Sargento Foods would have the technical expertise to handle to complexities of the software. Instead this would increase the cost of implementation. While on demand solution (self service) is currently very popular and is functionality-driven with the ability to deliver on all processes from sourcing to planning to execution to costs auditing to reporting & analysis yet Only a few Transportation Management systems have the ability to execute with some functional depth in all areas.Therefore Sargento Foods would probably need to take into consideration whether IBM Sterling TMS has the ability and versatility to execute across all diverse functions through continuous review of KPIs and performance reviews as well as whether they are able to continuously meet performance targets. As circumstances and economic conditions are in a continual state of flux, a system that may be applicable now may beoutdated very soon unless continual updates and improvem ents to the systems are made.Sterling TMS has to continually invest in its TMS solution to ensure that it stays ahead of its competitors. Sargento Foods should also constantly monitor and tune its strategies to appeal changes in its networks, supply chain, market and customer demands and adapt its strategies to capitalize on market opportunities. Rather than just letting Sterling TMS solver run unattended, Sargento Foods must always look for ways to drive more value for their business by discussing with Sterling TMS should it outgrow its system.Managed TMS Some companies have discovered that investing in SaaS-based TMS reaped initial savings, but subsequent returns were not as rosy. The next stage in the development of TMS solutions, is software plus consulting services, using a 3PL model. Should Sargento Foods adopt this unused model,,it will be able to tap on the external expertise from the dedicated teams employed by a TMS provider often stationed permanently on-the-scene(pre nominal) and acting as an extension of the clients staff.These individuals act as quasi-employees of Sargento Foods, Their relationship with Sargento Foods is ongoing and team members represent the client firm in various capacities. For instance , they are involved in customer meetings providing routine analyses and expert advice. The advantage of this is that the service provider( of the Managed TMS) has planners that do not have to go through a planning period before becoming effective as opposed to the traditional 3PL and secondly shippers like Sargento Foods do not have to worry just about degradation in their planning capabilities if a key employee leaves the company.Some customers recognize that in Managed TMS they have a partner that can provide a totally integrate transportation management programfrom brokerage through to execution and optimization in a one- stop solution. Sargento FOods may consider managed TMS solution and outsourcing its transportation management and op erations to a dedicated team from a service provide. this would perhaps more effectively optimise the usage of its TMS solution. Conclusion In conclusion, Sargento Foods would better manage its transportation were the above mentioned functions adopted. For instance, improving on missing unctionalities and international carrier network using special carrier mobile application and social media capabilities Siri for TMS, tapeline into big data, using business intelligence and analytics going beyond execution and tapping into other information services, utilizing that data to help the shipper make the best possible decision peronally customising software design for Sargento Foods constantly monitoring and tuning its strategies to address changes in its networks, supply chain, market and customer demands and adapt its strategies to capitalize on market opportunities.Rather than just letting Sterling TMS solver run unattended, Sargento Foods must always look for ways to drive more value for their business by discussing with Sterling TMS should it outgrow its system. Subsequently it could consider switching to managed TMS should it require expertise from supply chain and transportation management to better optimise its operations.

Mini Case Luxury Wars Essay

Hermes headstrong to list 25% of Hermes SA on the French stock market in 1993. This was done to set up family members with a means to value their stake in the company as well as partially cash-out if they felt their family dividends were not enough.2.LVMH was able to attain such(prenominal) a large ownership position without the knowledge of Hermes family and management through fair-mindedness swaps. Equity swaps are derivative wads whereby two parties enter into a contract to swap future cash flows at a preset date. The cash flows are referred to as legs of the swap. In most equity swaps, one leg is fastened to a floating rate like LIBOR (the floating leg), and the other leg is tied to the performance of a stock or stock index (the equity leg). It is also possible for an equity swap to have two equity legs.LVMH was able to avoid French regulations requiring disclosure of this type of position through fasten only their value to the equity instrument and at maturity, the contrac t would be settled in cash and not shares. The contract is worded so that LFMH would have the pickax to take the shares as opposed to the contract requiring share settlement, which in the case of the latter, under French law, LVMH would have had to make a public disclosure.3.In December 2010, the Hermes family decided to confirm its long-term unity by creating a family holding company separate from Emile Hermes SARL, which will hold the shares transferred by family members representing over 50% of Hermes Internationals share capital. The familys commitment to create this majority holding company is irrevocable.The new family- possess company will benefit from preferential rights to shares still directly owned by the family. This would ensure that their 73% ownership stake would always vote as one voice and ultimately secure the familys continued carry of the company. This holdings structure will last indefinitely as this majority holding will not allow outsiders to take over throu gh equity swaps.

Macbeth’s character Essay

It is a fair assessment of Macbeths subject to squ each(prenominal) him nothing but a brutal and ruthless villain?In Shakespe atomic number 18s Macbeth, Macbeth is a truly complex character showing many different traits in his many appearances passim the dramatic play. The fib starts after a battle Macbeth then meets three hages who foresee that he will become King of Scotland. These witches knew tout ensemble told about Macbeths fatal flaw, his greed for power. This fatal flaw, as a typical tragic submarine sandwich was the ca hold of his downfall. There is no doubt that throughout the play Macbeth is a brutal and ruthless villain, but it is certainly questionable to say that they are his only qualitiesBefore Macbeth is crimson introduced to the audience, we are already told of his message for brutality. The captain describes Macbeths actions to the king when he says, Like Valours minion, carved out his passage / Till he faced the slave. The captain goes on to say, Whic h neer shook hands, nor bade farewell to him, / Till he unseamed him from nave to chaps.This mastery also shows the brutality and barbarity of Macbeths character precise well as he did not just end this mans life in an honourable and quick flair, but instead sliced him all the way from his stomach to his jaw. Macbeth is also obviously very highly regarded among his colleagues and indeed enemies as being both brutal and brave, as the captain again says to Malcolm, For brave Macbeth (well he deserves that name), showing that others thought of him as a very brave man. There is a lot of irony in this call for as at this point in the play, Macbeth is being very highly regarded as being brave and ruthless, whereas later on these same qualities will lose him all his note.As the play unfolds Macbeth finds it increasingly easy to kill innocent stack, which shows clearly the ruthlessness and the brutality of his character. The first person that Macbeth kills in the play is King Dun cont ribute. Shakespeares audience would devote taken this particular crime of regicide very seriously as they believed in divine right, that the king was chosen from God and anyone who took that power away was defying God and it was the supreme wrong. King James would puzzle been very pleased at this element of the play, as it showed that any person who committed regicide suffered greatly as a egress of it. Also the fact that Macbeth murdered a King while he was sleeping and was utterly defenceless would have been seen as being very dishonourable.The nearly innocent of all of Macbeths victims of his barbarity is noblewoman Macduff and her son. Macbeths other victims are all directly blocking his path to supreme power and so one could argue that they were necessary, but Lady Macduff and her family are just a precaution that Macbeth took to try and get to Macduff. . In the scene where Lady Macduff and her son are killed, the innocence of the child is emphasised in his language and th e questions that he asks his mother. When his mother questions how he will live after his fathers death he replies, As birds do, mother, clearly showing his naivety and vulnerability. This hike up enhances the barbarity, as Macbeths victims were so unaware of Macduffs business and also Macbeth was not veritable(a) honourable enough to do the deed himself.Although Macbeth is unaware of his fatal flaw, he still acknowledges that he is becoming more and more ruthless as the story progresses. He uses a metaphor of ariver of blood to clearly show how he feels inside. Macbeth saysI am in bloodStepped in so far, that, should I wade no more,Returning were as tedious as go oer.By using this metaphor, Macbeth is saying that he has killed so many people now that it would be easier to carry on being ruthless and barbaric then to go back and repent. Macbeth is here admitting that he has done wrong and thinks of himself as a lost cause that has no hope of doing good ever again. Macbeth also sa ys, We are yet but young in deed, suggesting that Macbeth sees the kit and boodle he has committed so far as small in comparison to the deeds that he will commit in the future. Finally in Act Five Macbeth says that he has forgotten the taste of fear, showing that because of the witches telling him that no man born of a woman can harm him, he does not fear anything anymore.The character that was the driving force behind all his wrong doings starting from the murder of King Duncan was Macbeths wife, Lady Macbeth. consequently one would imagine that when she died, Macbeth would be devastated, but in reality when she does die Macbeth shows no remorse at all. When Seyton informs Macbeth that his wife is dead, all Macbeth can say isShe should have died hereafterThere would have been a time for such a word Tomorrow, and tomorrow, and tomorrow.In this Shakespeare is trying to emphasis just how much Macbeth has changed throughout the book, from going from a loving husband to not even carin g about the death of his wife. It is almost as if Macbeth at this point is incapable of sym base emotions anymore, like he has turned into the beasts that first gave him these apparitions.Macbeth is an extreme tyrannical ruler of Scotland and chooses to rule with fear rather than ruling out of respect. When Malcolm and Macduff are describing Macbeths rule, they use incarnation to emphasise the amount of damage that Macbeth is doing to Scotland. Macduff says, Bleed, bleed, poor country, / Great tyranny. Lay thou thy basis sure. This makes Scotlands suffering seem human and the use of personification enhances the bad feelings that the reader has for Macbeth and also the feelings that Scotland is a victim is enhanced.Macbeths brutality and ruthlessness leads to him being very short of loyal followers as they all disapprove of his tyrannical ruling methods. The few that do remain do so only out of fear of what Macbeth would do if they did not obey him. When Rosse and the courier warn L ady Macduff that Macbeths murderers are on the way to kill them, Rosse says, I am so much a fool, should I stay lengthy and the messenger says, I dare abide no longer. These two statements clearly show the fear that these men have for their lives in disobeying Macbeth. The fact that even Macbeths own men fear him enhances the evil feeling that the reader has for Macbeth.Shakespeare strengthens the image that Macbeth is a ruthless villain by the opinions that others have for him. In Acts 4 and 5, the English leaders refer to Macbeth as a butcher, a hell-hound and an abhorred tyrant. This shows the disrespect that the neighbouring countries felt for Macbeths reign. Shakespeare also uses pathetic fallacy to emphasise the evil of Macbeths crimes, when the porter says, This place is too cold for hell. Ill devil-porter it / no further, this is quite an extreme statement showing that Macbeths castle is even worse than hell,indicating evil and wrong doing is present in some way. All this imagery is used by Shakespeare to further add to the evil feelings that the reader has for Macbeths crimes against the King.It can however be argued that Macbeth has certainly not been a brutal and ruthless villain all throughout the play. Before we even meet Macbeth we are presented with a view of him being a noble man as we are told this by the king when he describes Macbeth as a valiant cousin and a worthy gentleman The captain also says brave Macbeth (well he deserves that name. These two accounts of Macbeth clearly show both the Captain and the Kings respect for Macbeth. Shakespeare builds up Macbeth like this so that when he does fall, it will be so much greater.Macbeths first major crime is the murder of King Duncan. Although this in itself could definitely be seen as brutal and ruthless, Macbeth did show a lot of anxiety about performing the crime before and he did show a great deal of regret after the deed. Macbeth hears knocking after he has murdered Duncan and Macbeth sa ys, Wake Duncan with thy knocking I would thou couldst, it is apparent from this that Macbeth has certainly got a conscience, as he wished that he could reverse his actions. Shakespeare also uses a metaphor of blood on Macbeths hands to emphasise his guilt when Macbeth saysWill all great Neptunes ocean cleanse this bloodClean from my handMacbeth is experiencing the feeling that no matter what he does, he can never wash off the stain of his guilt.Macbeth is not the only one to blame for his crimes and had it not been for Lady Macbeth it could certainly be argued that Macbeth would not have acted on any of his ideas of murder. Lady Macbeth says that Macbeth is too full o the milk of human kindness, using the word too to make it sound like it was a weakness on Macbeths part, showing that she feels Macbeth is too pleasant to be committing these types of crimes. Also Lady Macbeth uses all her powers of persuasion to get Macbeth to do what he wants.She questions his manhood, she uses fla ttery when she says, And, to be more than you what you were, you would / Be so much more the man, and she also uses emotional blackmail to twist Macbeths mind. With this constant source of irritation always near him, it is no wonder that he gave in in the end. It is not surprising that Macbeth eventually gave in to his wife as she is such a powerful and dominating character in the book Shakespeare re-enforces the idea of Lady Macbeth being powerful and evil when Lady Macbeth saysCome, you spiritsThat tend on mortal thoughts, unsex me hereThis statement makes Lady Macbeth sound like the witches and therefore enhances her evilness and domination of Macbeth.Macbeth would not be considered ruthless and brutal had it not been for the forces of evil in the three witches. Macbeth was still a puppet in their plan. They knew his weakness for power and used it against him. They told him exactly what he wanted to hear and that consequently led to the death of the king. Macbeth would have rema ined unwavering to king and country, if the witches had not filled his head with thoughts that he could not escape. Therefore Macbeth was not the evil and villainous one, he was merely a victim of the witchs evil. The evil in the witches is emphasised by Shakespeares use of pathetic fallacy. At the beginning of the play Shakespeare says in the stage directions Thunder and lightning, using pathetic fallacy to make the witches seem even wicked and their power emphasised as it almost seems that they have control over the weather.As there is so many factors that show that Macbeth is not just merely a brutal and ruthless villain, it would be wrong to call Macbeth nothing but a villain. The very fact that Macbeth is a tragic hero is evidence in itself that Macbeth has the potential for good but is merely destroyed by his fatal flaw, because tragic heros have to start with power and respect and gradually lose that throughout the play. This is summed up perfectly in Act 4 Scene 3 when Malc olm saysThis tyrant, whose sole name blisters our tongues,Was once thought honest you have loved him well.Despite all the crimes that Macbeth has committed, Malcolm is still saying that this was not always the case, showing further evidence that Macbeth is more than just a brutal and ruthless villain.

Lincoln vs. Davis Essay

Davis vs. Lincoln The management styles of Jefferson Davis and Abraham Lincoln greatly influenced the outcome of the Civil War. Lincolns primary goal was to preserve the union, and in order to do this, he made certain decisions that were un-constitutional. These decisions ultimately strengthened his role as the president as the war progressed. He even declared in his address that if necessary, he would do whatever it takes to win. Jefferson, in contrast, demonstrated a very loose ruling over the people of the confederacy.He was honest and followed the practice of justice without breaking rules. He allowed the war to be controlled by the military leaders who were participants in the battle, and he gave his generals trust and authority. The result of Daviiss leadership style was an administrator branch weaker than Lincolns. It is debatable that because of Lincolns reckless, un-lawful decisions, the Union was able to win the war against the South. According to document A, Lincoln had a blatant heedlessness for the Constitution. Throughout the war, Abraham Lincoln increased the Army, spent money without approval and made un-justified arrests. During his presidency he also held opposing political enemies in jail without streamlet so he could potentially gain more votes. As he delivered the Gettysburg Address, his troops guarded the polls at a state election in Delaware, insuring a Rerealityan Victory (Document A). It is interesting to think how Lincoln is typically portrayed as Honest Abe and The Great Emancipator since he was none of these things.Jefferson Davis was the honest, law abiding president that most people believe Lincoln to be. He was a very intelligent, great public speaker known for integrity. Unlike Lincoln, Davis became slenderly less popular because he refused to remove un-successful officers. His support of state sovereignty was based on deep conviction. (Document A) Davis was a very ineffective micromanager. While the battles raged on, Davis sure his Generals to lead the war and make the decisions. Davis on the other hand had a calm, relaxed leadership style and welcomed the input of others.He was known to change strategies and even allowed the generals to change strategies that he had strongly opposed. Davis was able to forgive his opponents and listen to their concerns. He would consider the opinions of others and would revise his actions according to information from generals, his cabinet, or the people. One of the factors contributing to the outcome of the war payable to leadership styles was that Lincoln micromanaged his generals and acted as the authority, while Davis allowed the generals freedom with decisions and battle strategies.Lincoln would go to any lengths to pursue his goals of preserving the Union and ordered thousands of arrest, kept political enemies in prison house without bringing charges against them, refused these hapless men right to rill by their peers, and ignored orders from the Chief Justi ce of the Supreme Court to release them. (Document A) Lincoln was goal orient and focused on his plan and was not receptive to input from authorities or the people. Lincolns act of silencing his opponents led to fear in the public and ultimately to Lincoln getting his way.Because of Lincolns strong dedication to win the war, his strategy was much more powerful than Daviss. Davis ran on a trial and error style of fighting, while Lincoln would not accept failure. Because of his persistence and record of winning battles, Lincoln had a strategic advantage over the Confederacy. mayhap if Davis had a taken more responsibility and aggressiveness toward the Union, the outcome would have been different. However, because of the completely different leadership styles, the Union achieved victory over the Confederate army.

Impact of online shopping on shopping centres in Australia Essay

Module 2How would you define the labor to be analysed? Is the patience global? Is the organization mentioned Australian or overseas based? Can you brighten every inferences about the industry value drawing string from the name? What ar the draw product and services segments in the industry that atomic number 18 mentioned in the article? Are you able to identify the stage of the industry life-cycle from the facts in the article?What have been the remote purlieu trends that have driven the industry to its current state? Are these factors changing? What will be their opposition on future growth in the industry? Remember an article may only pay back reference to some of the factors in the remote environment.What are the forces within the industry that determine the current favorableness of the industry? Are these forces changing? What will be their impact on the future pro passability of the industry? Again, remember an article may only make reference to some of the forces in the external industry environment.Does the article make any reference to the different node marketplace segments in the industry, and can you make an valuement of what drives customer demand in them?Given your remote and industry environment analyses, and your customer and market analysis, are you able to assess the basis of competition in the industry? What are the key factors that are critical for the memorial tablet to do well in order to be successful? Are at that place any strategical groups that organisations in the industry compete in? Analyse the competitors if mentioned in the article, to gain a clear and specific profile of each major competitor in the industry.Module 3Who are the key stakeholders of the organisation, and what are theirexpectations from the organisation?What is the current business strategy of the organisation? Are you able to assess how the organisation has performed to date in meeting its objectives based on the given facts?Identify the capabili ties of the organisation in the context of the competitive environment, and analyse them to determine whether these capabilities are strategic capabilities.Determine whether there are any inconsistencies (gaps) between the current business strategy and the remote environment, the industry environment and the performance of the organisation compared to its key competitors. Review the current business strategy against the expectations of the key stakeholders, the organisation s performance and the capabilities of the organisation.A follow-up of these gaps, and an extended SWOT analysis, may reveal some possible alternatives and strategies that the organisation could pursue. These will often subsume to improving the operational side of the organisation, while strategic growth options usually fall into the category of late products and/or modernistic markets, which is discussed in Module 4.Module 4Consider whether the organisation has leveraged its existing capabilities to its supr eme market position and market penetration. Does the article indicate any strategy regarding development of brand-new products or expanding its markets to remain competitive and/or to grow? Or is it possible that the company is taking another start to growth (e.g. vertical integration)?If the organisation is considering new product development, review the important aspects to consider, including the key success factors for new product development.If the organisation is considering new market development, is the organisation trying to enter a new customer or geographic market, or both? Review the important considerations for new market development, including the strategic objectives for new market entry, evaluating the attractiveness of new markets, the key success factors for new market development and the advantages and disadvantages of different modes of market entry. Consider the accounting challenges that moving into new products or markets are likely to bring.Module 5 evaluat e each of the strategic options, such as different product and market options, on the basis of conquer criteria, having regard for effective management of the organisations portfolio of projects.What are the risks assessed for each of the strategic options? Scenario planning should be undertaken in order to quantify and compare the variation in their potential outcomes.Evaluate each of the strategic options in terms of their consistency with the organisations external and internal environments, the feasibility of successfully undertake the option and the competitive advantage it will give the organisation.Make the recommendations to key decision makers of which strategic options to adopt, demonstrating the continuative of the options to the business strategy and providing information on the benefits, risks and key steps in implementing the options.Module 6What challenges is the organisation likely to face, or is currently experiencing, in implementing its strategies?How has the o rganisation performed in its effectuation of the strategy?Determine the fit between the desired strategy and the business systems of the organisation, the organisational structure and the internal politics of the organisation.Is there a unassailable fit between the desired strategy and the organisational culture? Consider any cross-cultural issues for the organisation.How is and/or should the mathematical operation of change be implemented in the organisation?Module 7Has the organisation considered any misalignments with all the interconnected 7- aspects of the implementation plan?Review the nature and the scale of change required to gain an thought of the type of leadership required to lead it.How has, or should have, the leader performed in their strategic analysis, selection and implementation role?

Littlefield Executive Summary

Production preparedness and Inventory Control CTPT 310 Littlefield exemplar Executive Report Arlene Myers 260299905 Rubing Mo 260367907 Brent Devenne 260339080 Miyaoka Scenario, Re Littlefield Technology Simulation Game Inventory Management Executive Summary At the onset of the game, we determined there were a few key things that had to be addressed to succeed. The archetypal was to avoid stock outs which had already occurred in the first 50 solar days. We quickly moved to avoid stock outs by raising the order point.We did this without formal calculations at first to consider we did not suffer anymore stock outs while we did the analyses. Upon further analysis, we determined the bonny consume to date to substantiate been 12. 3 orders per day. We forecast demand to stay relatively st fit passim the game based on the information provided. The standard deviation for the finish was 3. 64 and the safety compute we decided to use was 3. 0 (98. 86% certainty). Based on the consis tent trace time of 4 days, we needed ? 49 kits plus safety stock of 2 x 3. 64 x 3 ? 2 which gave us our order point of 71 kits. Immediately after determining this, we moved to the EOQ EOQ=2* 3216*1000. 1* 600This equation gave us our final order quantity of 327, although based on slight demand fluctuations we had been at 321 prior to that. Our next move was to determine what machines need to be purchased and how many. Our strategy was to get malarky clock down below . 5 days and offer customers that lead time to maximize tax revenue. The oddment between remaining at $750/order vs. $1250/order could have been as high as 1. one million million million dollars over the life of the game (218 days) therefore the cost of new machines was small compared to the benefit and the overall revenue potential made it imperative to get to the lowest lead quantify possible. Because all stations were at times operating at full, we knew that all would create a bottleneck if left to operate as i s. We could also see based on the order intake on a given day as compared to their operating ratio for the various stations, that a single machine added to each may be sufficient.We immediately decided to purchase machines for all stations believing this may be sufficient to drop lead times to our target. Shortly after purchasing these machines, we changed to contract 2, and after more monitoring we were able to fairly quickly change to contract 3 without any further machine purchases. We monitored lead times and revenues constantly, but at no time felt that the purchase of additional machines was necessary. We believe that our speed at getting these decisions made, and the changes put in step up, was crucial to our eventual success.We did see large drops in cash when stock-take was purchased but believed that we had done the correct calculations and that we were best to stay the course. We did exactly that until shortly before the time we were to drift off control of the facto ry. We looked at several different strategies to ensure stock was available throughout the last 50 days of the game and that we got caught with minimal store at the end of the game. The original plan was to order sufficient inventory and safety stock and carry it through, but upon changing our order point, we quickly realized that we had inadvertently order 350 kits immediately.This forced us to change the strategy slightly, we lowered the order point to almost lead times based on the consistency of the demand and safety stock, and calculated the units we would require, plus enough to ensure that we did not order kits immediately prior to the shutdown. If this plan had worked perfectly, we would have ended up with 51 kits in stock, but that would have required that the demand during the last 50 days be higher than the average. This could have happened based on standard deviation, but as it turns out the daily average demand for the period was exactly 12.We ended up with 182 kits r emaining, obviously more than we had hoped, but we did not get caught with an outstanding order, or a huge number of units. In conclusion we ended the game in first place and therefore would change very little about how we played the game. We would have been able to reduce the inventory on hand at the end of the game, but the fundamental strategy of getting lead times below . 5 days and maximizing revenue, and our willingness to trust that the calculations made would lead to maximum revenue disdain times when we dropped from first, allowed us to win this game.

The Life Story of Henry G. Appenzeller

Not more than has been pen about Korea, or of its spate, their deeds and friendism. However, one work displayed Korean character though a career of an ordinary missionary who turned out to be a significant personality in the chronicle of Korea and its transformation.The book, A Modern Pioneer in Korea The Life Story of Henry G. Appenzeller by William Griffis, is yet some other biography that showcases heroism. The book is about sacrifice and giving up something for other people. In his story, Henry showed that it does non take much to be able to help other people and to become a hero for ordinary people. For example, it does not take to be rich, or to be a prominent person in order to affect other peoples lives.Griffis started his discussion by giving a ground about Appenzeller and Korea. In this way, the readers can recall and picture what Korea was and how Appenzeller affected the lives of the people and how he helped them change for the better.Henry Appenzeller was a miss ionary for the Methodist church in Korea. As a missionary, he is able to save the lives of green people in Korea by giving them a new chance for education and serving as an consumption for them.There are a number of instances by which Griffis was able to show that Appenzeller is a noble man. First, he was able to preach and educate the people of Korea in six different languages. He preached about business without being hindered by the various barriers like language and culture.The book is a very inspiring say of Korean heroism, which is apart from the popular reputation of Korea being isolated from the world of heroism and humanity. The author, Griffis, did an effective archives of what seemed to be the greatest achievements and contributions of Appenzeller in the modern Korea.What is good about his book is that Griffis was able to substantiate and leave alone concrete evidence for his claims pertaining to Appenzellers heroism. This is very important because as a biography, i t should be based upon touchable experiences and real events in the subjects life.As a missionary, Appenzeller was able to affect change for the Korean people by incorporating prayers in their lives. It is never denied that Korea was one of the most mythical and mysterious nations in the Asian region, very much in touched with its culture and tradition. This, to my mind is one of the primary reasons why Koreas growing was stagnated. Fortunately, the modern Korea has learned to be social and unashamed of its self and unafraid to consider changes.Figuratively speaking, the work is abundant of picturesque words used effectively to show greatness. The authors approach gave the biography a poetic appeal so that unlike any other biography, the work seems to have been creatively pen as a real literary masterpiece.It can also be observed that as much as the book is also about Appenzellers missionary works, much have been mentioned about the Gods, and religion. Although at one point, it may seem unnecessary, the approach nevertheless has been effective in relating the role of religion in Koreas transformation and in explaining the behavior of the poe0ple, particularly of Henry Appenzeller.In sum, the book is another archaic inspiration and recognition of Korean heroism that until today contributes to the continuous improvement of Korea and its people.Work CitedGriffis, William. A Modern Pioneer in Korea The Life Story of Hernry G. Appenzeller. New York Fleming H. Revell, 1912.

Complete Ramsey Walker’s profit plan Essay

Work assumption1. Assume that the sales will improver by 10% for to each one(prenominal) new title, as indicated the Backlist sales increase.2. Assume that the total number of new titles remain unchanged since Ramsey is nerve-wracking to publish fewer segments and focus more resources on trying to publish fewer segments and focus more resources on differentiation those books in the marketplace, there is no reason for him increase the new titles.3. Assume that they aim to increase their gross margin by 2% and decrease the expenses of sales by 1%, for each of the six initialises, as given for Backlist.4. Assume that AR as the percentage of sales remains 20%, as indicated by Backlist.5. Assume that inventory as the percentage of sales decrease by 15%, as indicated by Backlist.6. Assume that AP as the percentage of sales will stretch to 20%, as the last social class percentage for the first five formats is 18%.The 10% increase in sales, 2% increase in GM and 1% decrease in expens es should be diminutive since it will increase the pull ahead dramatically. And the decrease in inventory is excessively critical because it will decrease the lower character of the ROA formula. Since the overall goal of the profit plan is to achieve the 10% increase in ROA, so the preceding(prenominal) assumptions will directly affect the end results.Problem 2 Review the list of financial public presentation measure presented above. What measures or calculations should Ramsey use to treat the business? How should those measures be reason?1. Annual sales increment rate should be used to measure their performancebecause this rate helps management to evaluate the quality of their decisions and also helps to make the new strategy for the in store(predicate) development. It is calculated by suing the difference between current year sales and previous years divided by the previous year sales.2. Profit % is the most critical measurement of a business performance. Without profit or potential to earn profit in the future there is no meaning for a business to continue. It is simply calculated by using profit divided by the sales.3. Average unit sales help the company to find the right format which is more profitable and more popular, and affect the companys future strategies. Using the total units change for one format divided by the total titles in this format.4. Operating expenses passel help them to manage their cost control system, OP can be calculated simply sum up all the expenses in the income statement.5. POA and ROI are hard to control and too complex to analyze. But these measurements can be calculated by dividing the profit by total asset or total investment respectively, different results can be achieved by suing different assumptions.Picture Photo B & W Nonfiction Fiction BacklistIncome biddingNumber of New Titles 5 3 1 7 7 0Sales 426,933.10 122,314.00 50,589.73 218,156.40 256,171.30 1,200,000.00COGS 127,672.00 39,591.50 19,644.67 63,200.00 71 ,302.00 384,000.00Royalties 58,218.00 16,679.00 6,898.67 29,749.00 34,933.50 180,000.00 double-dyed(a) Margin % 56% 54% 48% 57% 59% 53%Expenses % of the sales 53% 54% 54% 54% 54% 47%Expenses 226,584.30 66,049.53 27,318.39 117,804.10 138,333.20 564,000.00New Income 14,458.83 -6.083 -3,271.99 7,403.34 11,602.61 72,000.00Balance sheet May 31, 1998Current Assets size up 39,892.20 40,119.15 10,933.55 36,187.90 65,747.50 500,000.00A/R as % of Sales (projected) 20% 20% 20% 20% 20% 20%A/R $ 85,386.62 24,462.79 10,117.95 43,631.28 51,234.26 240,000.00Total current Assets 125,278.80 64,581.94 21,051.50 79,819.18 116,981.76 740,000.00Current LiabilitiesA/P as % of Sales 20% 20% 20% 20% 20% 0A/P $ 85,386.62 24,462.79 10,117.95 43,631.28 51,234.26 0Royalties Payable 0 0 0 0 0 0Total current Liabilities 85,386.62 24,462.79 10,117.95 43,631.28 51,234.26Free Cash melt (= Net Income +/- Change in Net working Capital)Net Income 14,458.83 -6.08 -3,271.99 7,403.34 11,602.61 72,000.00Change in Net Wo rking Capital 39,892.20 40,119.15 10,933.55 36,187.90 65,747.50Free Cash Flow 54,351.03 -40,125.23 7,661.56 43,591.24 77,350.11 72,000.00

Behavior Therapy in a Multicultural Setting

Behavioral approach is based on the principle of explaining unmatchables sort through with(predicate) observation. Through observation an individual is able to mimic the behaviors of others a process more commonly know as learnedness. It is further believed that behavior is affected by our environment. Since behavior is learned, it can withal be unlearned. This is one of the benefits of the behavioral approach.Therefore, behavior which is harmful to the society or runs against genially accepted norms may still be unlearned. As for behavior which serves to improve the state of the person, such behavior can be enhanced.The process of learning and changing a persons environment are strong tools of behavioral therapists enabling them to breed the particular needs of their clients. There are four major aspects of behavior therapy (1) classical instruct, (2) operant conditioning, (3) social learning theory, and (4) cognitive behavior therapy. Classical conditioning is the use of significant associations to moderate behavior. Operant conditioning is the use of consequences to alter the condition and form of behavior. Cognitive behavior therapy is based on altering moral processes and behaviors, with the aim of influencing disturbed emotions.These can be applied in the work because these methods are not culture-specific. In a culturally diverse population, all except the social learning approach can be used for counseling. Social learning theory gives prominence to the reciprocal interactions between an individuals behavior and the environment. This theory requires that individuals mimic observed actions after undergoing a process of understanding and internalizing the observed behavior. Since people access from different cultures are exposed to different kinds of accepted behaviors, their internalization and understanding of social norms are also different.When counseling multi-racial individuals therefore, a view as to the particular culture from which t he individuals came from must be taken. References Dayan, P. , Kakade, S. , & Montague, P. R. (2000). Learning and discriminating attention. Nature Neuroscience 3, 1218 1223. Kirsch, I. , Lynn, S. J. , Vigorito, M. & Miller, R. R. (2004). The role of cognition in classical and operant conditioning. Journal of Clinical Psychology 60, 369 392. McSweeney, F. K. , Hinson, J. M, & Cannon, C. B. (1996). Sensitization-habituation may occur during op

Specialist Research Project Essay Example | Topics and Well Written Essays - 1250 words

Specialist Research go out - Essay ExampleThe marketing entails presenting the business product to the customer, to create sales. Thus, these as features of business victor, Nike invest more often than not in the motley aspects of stigmatization and marketing to establish customer loyalty hence, establishing the successful business finishing and history as it possesses today. The company has strategic marketing capabilities that compliment the product and service brand accordingly for the successful engagement of the customer. Further, the subject area of cultural and historical developments relating to the company entails a listing of various structures established since the inception of the company. Thus, from these prospects of the company as a multinational operative corporation, the implication of the areas of branding and marketing, as well as, cultural and historical studies constitute the proposal of the research jump out. The proposed project will seek to search th e extent of these fashion business areas as they institute the profile of Nike Corporation.Marketing entails the set of processes and tools engaged in promoting the business success. However, in developing an identity of the product or service the business engages the area of branding stay the influential factor for consideration. Further, organizational culture developed over time also defines the success of the business venture as developed in the area of operation. Thus, in selecting a portfolio to establish and synthesis the subject areas of marketing and branding in addition to cultural and historical studies, the Fashion Icon Nike, remains most conveniently placed as an illustrative reference. Branding entails the culture itself, the message that permeates and regulates the processes of the business (Katz, 2004, 39). Thus, the project proposal seeks to establish the common misconceptions over the subject areas of branding and marketing as they develop a culture and

Disussion thread for Week 2, 3, and 4 Assignment

Disussion rove for Week 2, 3, and 4 - Assignment ExampleKen is a competent nurse. Patients, hospital administration and physicians atomic number 18 passionate about his job. Therefore, it is recommendable to find a solution for him to prevent endangering patients life. Kens situation is of interest because his primary role is to provide patient safety. However, alcohol insult hinders his efficiency and intensity in role. Therefore, there is a need for a remedy.Ken is a victim of alcohol abuse because of various reasons. He is stressed by domestic problems which makes him report to work drunk. He does not subsume well to his co-workers that makes him lonely at the workplace. Therefore, it is the obligation of the hospital management to help Ken adjust to the problem. blend week a patient reported that he is not getting any relief from the painful sensation medication that Ann had administered earlier. After contacting Ann, she was impaired in the Emergency Department and became upset by the interrogation on why the patient was complaining. She had injected herself with the drug. It is unethical for Ann to abuse a patients prescription. The use of prescription drugs results in either slow patient recovery or death, which is a medical negligence and malpractice hence unethical (Thomas & Siela, 2011).Primary care for patient safety is a significant purpose for nurse functions. Nurses should perform their duties with the good code of conduct in utmost proficiency. Therefore, medical malpractice is a nuisance and unethical hence Anns behavior is a matter of concern that requires a remedy.Anns unethical behavior is caused by face-to-face and workplace factors. Using patients prescription enables her relieve herself from stress and workplace conflicts. The act, however, is risky and unwarranted to uphold patient safety, which is the primary function of a hospital.A scope of practice refers to the expert activities define under evidence law. The scope of prac tice for a nurse is determined by each states nurse practice act.

Existentialism and Phenomenology Research Paper

Existentialism and Phenomenology - Research Paper Example It includes work of some(prenominal) philosophers who are co-related to the concept of the existentialism. These include Kierkegaard, Nietzsche, Heidegger, Jaspers, Sartre and Merleau-Ponty. It also includes the works of the less popular philosophers namely Paul Tillich, Keiji Nishitani, Colin Wilson, de Unamuno, Marcel, de Beauvoir, hazel tree Barnes, Martin Buber and Viktor Frankl. And lastly it has the works of those who have the concept of existentialism embedded in their literary genres who are Beckett, Borges, Pinter, Heller, Roth, Turgenev, Dostoyevsky, Hesse, Rilke, Kafka, Camus, Marquez and Miller. This move will talk rough the philosophical beliefs of Nietzsche and Karl Jaspers. Nietzsche was not in favor of immorality and he was not even against morality, he initially thought that life is devoid of any objective meaning, value, or design .His basic area of interest was the Judeo-Christian morality. He was in fav or was aristocratic and independent lord morality. Nietzsche acknowledged fate and fatalism, and was also in favor of self-realization. He was struggling with Schopenhauers glumness. He fundamentally stressed a lot on stylizing our character in order to become what we are, it is important to plaster cast our character in a elan which depicts our originality. Nietzsche is popular for his inventions and his one invention which gained a lot of popularity although it save appeared in one book was the Ubermensch which is also a substitute and hateful last man. Ultimately, some(prenominal) theUbermenschand the spiritualized will to Power that he embodies symbolize passion and the love of life. Throughout the book we idler see some points which holds importance in the eyes of the philosophers, for Nietzsche of the belief is described as The greatest upstart event- that immortal is dead that the belief in the Christian god has become unbelievable -is already tooth root to cast its first shadows over Europe. (Solomon 1974 p 67)It clearly depicts that the European culture is no longer placing God in the center of thing they are doing , he is saying that the value and the importance of God is fall in Europe and that we are cast adrift , even if we live in a area of denial. He later on in the book talks about his reaction to this as and so we philosophers and free spirits feel, when we hear the freshs that the old god is dead, as if a new dawn shone on us, our heart over flows with gratitude, amazement, premonitions, expectations. He here is saying that with the death of god, Christianity form of anti strength and the way value is created has been eliminated and there are no particular ways of replacing it. Nietzsche in the book also talks about his point of view regarding the consciousness and its affect on men, he says that.That consciousness does not really belong to mans individual existence but rather to his social or herd nature. (Solomon 1974 p 71)Here Nietzsche stresses on the point where life holds the basic value. He talks about the social values and other worldly values he is denying the existence of other heaven or society without classes. He wrote about the way people should live a life and the decisions they should take regarding their lives and the way they spend their life. His way of leading life was not the traditional one which involved the existence of ethics because for him he was not sure about the right and wrong. He

Conflict Management Assignment Example | Topics and Well Written Essays - 750 words

Conflict solicitude - Assignment ExampleHaving nothing to do at home, I decided to check on red cent earlier so that we could spend sometime telling stories as usual before finally position off to Marcuss party, which was some hours away. Never did I know that a bizarre incident was boiling up for the day. When my friend zany returned from shower, he design of calling Marcus to get us informed of how the answer was progressing and just to confirm that we would not be late for the occasion. Absurdly, Jack could not find his iPhone where he thought he had placed it.Being the only man in the room, it is needless to say I was the hirer suspect. With no hesitation, my friend confronted me shamelessly for stealing his gadget. It was like I had been struck hard on my head. take someones property? Jack was my friend, how could I be that malicious even if I was given up thief? I could not contain my furry. I could not resist shouting back at my friend who was also at the top of his voice demanding to be given back his treasured device. However, my shouting only escalated the conflict instead of helping to find an immediate resolution to the conflict.Fortunately, Jacks junior sister, who was outside, heard our quarrel and came into the room, perhaps, wondering if we had gotten into party mood that early. To her dismay, we were almost to the point of exchanging blows. Her first speech was, Please, Jack what is all this about? Imagine that I cannot find my iPhone when this thing here was the only one I left in the room while I went to shower Jack replied. Without another word, she flashed out her cellular phone phone and called Jacks number. Fortunately, a thrilling sound emerged from an adjacent room. Jack was too dishonored to look at me straight in the eye. On the other hand, my anger had taken full conquer of me to think of anything other than getting back home and nursing my moment of furry in solitude. I quietly left the room and headed home.If I could replay the

World Cinema - Analyze the relationship Essay Example | Topics and Well Written Essays - 750 words

World moving picture - Analyze the relationship - Essay ExampleGuevara and Alberto witnessed injustices that characterized the world at the time under cruel injustices a fact that led to immense suffering of peasants. Self-discovery is a theme that depicts itself in the movie, with the deuce friends assuming their identities subsequently their experience during the trip. This paper seeks to analyze the relationship between travel and identity in The Motorcycle Diaries.La Poderosa, meaning the mighty one, was the name of Guevara and Albertos motorcycle, which did not successfully complete their journey. Their journey started in their congenital land, Argentina. The two friends helped each other throughout the journey with medicine and food supplies. They also shared their expenses as well as money. It is through this journey that the growth in the two friends is emphasized. Not only do they stand up for each other, but they also looked into the plight of the disadvantaged in areas they visited. An example is the leper resolution that they assisted in Easter Island despite them being cast out far from human contact. They evening shook hands with these lepers without wearing gloves despite the risk of contracting leprosy themselves. To prove this, Guevara swims across the Amazon River, which block up the lepers from the doctors and nurses in solidarity with the isolated lepers. Their sense of humanity and responsibility also comes to play when they showed their concern for the dirty and suffering state hospitals in Chile, Colombia, Venezuela, and Peru. This shows their journey of self-development, which is evident through their actions. At the start of the journey, Guevara and Alberto are just two young friends who are searching for fun and adventure. They appear as restless, with wild spirits that are imaginative. However, their encounters and reply to situations that came their way indicate their care for humanity as well as their goodwill. It can be th ink that the journey

-How did the experience of colonialism affect Latin American Essay

-How did the experience of colonialism affect Latin American development and was this overcome with independence - Essay employmentIndependence of the once colony parts dictates the process in which the country will eventually develop (Brown & Paquette, 2013, p 19). In some extends, independence actively pushes the region towards positive development whereas in other scenarios, it retards the development, plunging the region into a world of chaos. This study leads towards understanding the impacts of colonization and influence of independent in postcolonial Latin America.The bank line of the term Latin America is itself an illustration of the influence of colonialism in the southerner region of America. The region got the name from the instauration that its colonizing powers were the Spanish and Portuguese speaking countries. The region encompasses present day countries such as the islands of Suriname, Jamaica, Haiti and Guyana, as wholesome as, Argentina, Mexico, Peru, Ecuador, Paraguay and southern part of the United States (Andrien, 2002, p 67). Before the arrival of these influential powers from Europe, the region in the fifteenth and early 16th centuries consisted of virtually indigenous people. Additionally, it is notable that the region had vastly advanced civilizations, although not to the mundanity level as was the European countries at the time. Some of the notable cultures regarded as advanced include the Aztec, Inca and Maya cultures, and origins of the people. However, through with(predicate) the processes of arrival of the foreigners who later colonized the region, it underwent several changes, experiences, and consequences, emerging as the Latin America region (Galeano & Belfrage, 1998, p 87). The impacts and influences of the colonial period on the region are vast. Additionally, the year also formulated the basis for the brass of the independence wars and eventual independence of the region.During the colonial period, the immigration act ivity within the region consisted of mainly

Money Crisis Essay Example | Topics and Well Written Essays - 2000 words

Money Crisis - Essay ExampleTo sell more than(prenominal) profitable subprime owes, mortgage companies bundled the debt into consolidation packages and sold the debt on to other finance companies. In other words, mortgage companies sweep uped to be able to l blockade mortgages. For example, the lending was not financed out of saving accounts (Mortgage Guide).These mortgage debts were bought by fiscal intermediaries. The idea was to spread the danger, but, actually it just spread the problem. Usually subprime mortgages would have a high risk assessment rating. But, when the mortgage bundles got passed onto other lenders, rating agencies gave these risky subprime mortgages a low risk rating. Therefore, the financial agreement denied the extent of risk in their balance sheets (Mortgage Guide).Many of these mortgages charged a balloon pursual come out in which, they charge low interest rates in the initial period, but at the end of the introductory period interest rates rise rapi dly (Mortgage Guide).In 2007, the US had to increase interest rates because of inflation (BBC). This made mortgage payments more expensive. Furthermore, many homeowners who had taken out mortgages two geezerhood earlier now approach ballooning mortgage payments as their introductory period ended. Homeowners to a fault faced lower disposable income because of rising health care costs, rising petrol prices and rising food prices.This caused This caused a rise in mortgage defaults, as many new homeowners could not afford mortgage payments. These defaults also signaled the end of the US housing boom. US house prices started to fall and this caused more mortgage problems. For example, people with one hundred% mortgages now faced negative equity (Mortgage Guide). It also meant that the loans were no longer secured. If people did default, the bank couldnt see to recoup the initial loan.The number of defaults caused many medium sized US mortgage companies to go bankrupt. However, the l osses werent confined to mortgage lenders, many banks also lost billions of pounds in the bad mortgage debt they had bought off US mortgage companies. Banks had to write off large losses and this made them reluctant to make any notwithstanding lending, especially in the now dangerous subprime sector (Shah).The result was that all around the world, it became very knotty to raise funds and borrow money. The cost of interbank lending had increased significantly. Often it was very difficult to borrow any money at all. This affected many firms who had been exposed to the subprime lending. It also affected a large variety of firms who now have difficulty borrowing money (Shah).The slowdown in borrowing has contributed to a slowing economy with the possibility of recession in the US and all around the world.Credit dally in the UKUK mortgage lenders did not lend so many bad mortgages. Although mortgage lending became more relaxed in the past few years, it still had more controls in plac e than the US. However, it caused very