The Goal of the Firm

Profit-making organizations have to attain various objectives, but their most important goal is to maximize the wealth of their owners or shareholders. This paper will explain how one can measure the achievement of this goal and the major decision variables that financial managers should take into account.Advertising We will write a custom essay sample on The Goal of the Firm specifically for you for only $16.05 $11/page Learn More Furthermore, it is necessary to determine if this objective is always justified and if it should be reconciled with the interests of other stakeholders such as customers or employees. These are the questions that should be discussed. Overall, one can say that the wealth of shareholders has to be the main goal of them firm, but there are stakeholders whose needs cannot be neglected. First, it should be noted that mere increase of profitability should not be the only priority for financial managers and corporate executives becau se it does not always maximize the wealth of shareholders. The thing is that profitability does not include such a factor as risk which influences the rates of return per each share (Gitman, 2009, p. 13). Moreover, profits do not always increase the price of the stocks (Gitman, 2009, p. 13). Therefore, the goal of financial managers is to increase the income of those people who own the stocks of the company. It can be done by raising the price of the stocks. Every decision that managers or executives take should be oriented to this goal. Thus, the interests of owners should be the topmost priority for financial managers and corporate executives. This wealth is usually measured by the share price of the stocks. It is believed that the price of stocks reflects such things as the timing of cash flows, risks, and the magnitude of these flows (Gitman, 2009, p. 13). This is the main indicator of the shareholders’ wealth. While taking any decisions, financial managers should conside r two important variables, namely cash flows or returns and risk (Gitman, 2009, p. 13). These are the most important factors that affect the price of stocks. For instance, high returns usually result in the increase of stock prices. In turn, higher risk reduces the price of stocks and increases the amount of compensation that should be paid to stockholders (Gitman, 2009, p. 15). Therefore, financial managers should find balance between cash flows and risks. Every decision or alternative that does increase the price of the stock has to be rejected. This is the main principle that decision-makers should follow while developing strategies of the firm or introducing new products.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More To a great extent, I agree with this goal. The thing is that every profit organization should first try to maximize the income of people who invested money in it, in othe r words, one can speak about shareholders. If this objective is not achieved, the very survival of a firm can be imperiled. Moreover, the owners of stocks invested either money or effort in the firm, and their interests have to be the most important ones. Such an approach can be ethically acceptable and it is quite understandable. Nevertheless, one should take into account that there are other stakeholders whose interests cannot be disregarded; in particular, one can speak about clients and workers who can significantly influence the performance of the firm. For instance, if the management tries to reduce the company’s operational costs only by downsizing the personnel, they can lose the loyalty of these workers, and some good employees may eventually leave the company. As a result, the firm will have to struggle with increased turnover that can very harmful for its organizational performance. Furthermore, lack of attention to the quality of products or services, may lead to litigation and loss of market share (Gitman, 2009, p. 17). In the long term, such an approach can result in the decrease profitability and reduced price of the stocks. Therefore, one can say that the wealth of shareholders should be the first priority for financial managers, but this goal should be reconciled with interest of customers or employees; otherwise, the wealth of shareholders may eventually decline. Thus, senior managers should think about various stakeholders who can contribute either to the success of the firm or to its failure. This is the most important issue that managers and executives should remember. Overall, this discussion shows that managers have to find ways of increasing the wealth of owners or people who invested capital in the firm. This is the main objective that every profit organization has to pursue; otherwise it is not likely to survive in the long term. Nevertheless, one should not forget that there are other groups of people who can shape the organiz ational and financial performance of a company, namely clients and employees. By overlooking their needs, managers can achieve some short-term improvements and even increase the price of stocks. However, this strategy can weaken the company’s competitiveness and lost its positions in the future. This is the main risk that decision-makers should bear in mind, if they want to ensure sustainable growth of the firm.Advertising We will write a custom essay sample on The Goal of the Firm specifically for you for only $16.05 $11/page Learn More Reference List Gitman, L. (2009). Principles of Managerial Finance. New York: Pearson Education, Limited. This essay on The Goal of the Firm was written and submitted by user Alexia Harrell to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

small business Essay Example

small business Essay Example small business Essay small business Essay small business BY 7us3tn Contents Introduction and Background Information In our coffee shop we will produce pizza, sandwich donut, shisha, coffee, tea, Juice, donut and sweets to customer. Also service we have some service such as draw customer, give charge for telephone on every table and internet WIFI service. When we search about the location for our coffee shop we identify three locations Manama or Jidali or in Mall but we select the Jidali road because Manama not have enough barking and the mall the rent will be high. In our idea we start our business after six onth because we are studying now and we should be have lot of time to focus in sandwich and draw customer. We have some goals we need apply it in the future: Short term aims: 1 . Understand customer believe 2. Attract as we can customer. 3. Give the customer service at high quality. 4. Get good profit. Long term aims: 1 . Open new brunch when our coffee is acceptable be customer. 2. Establish image for our business and improve it. 3. Open new branch in outside of Bahrain. The cost of business is the all money we are pays it for running our business such as expenses and fixed assts. Type of cost Such as Purchase / Rent / Paid Amount (BD) Premises The workplace Rent 300 Equipment Machine (Oven, Fridge, etc ) Purchase Furniture Chairs, Tables, etc Supplies Stock purchase 1850 (for first six month) Running cost Insurance, advertising, telephone bill, Electricity Water bill Paid 4000 (for first six month) Staff Salary, insurance Paid 4500 (for first six month) We select HSBC to get loan and Tamkeen will support us to paid 50% of the interest. Because we are 4 we can get BD 20000 (5000BD for every member). Executive summary We will open coffee shop and in this coffee shop we will sell food and provide special services for our customer. In our idea the location of our business will be in Jidali and we think we can open it after six month. Our idea is creative and the customer will like our coffee shop. In our mind we need attract the customer by provide good service and get good profit. In future we need expand our business. Our business is small business we are managing the business. Of course we need the money but their things also required to running our business such as people to work to do the work. In the production process our business need machine required to running the work also need the material and employees need also for the work. The layout of the coffee shop should be arranged in suitable way and we arrange it in our own to be acceptable for all customer. For the marketing plan we select some way to attract the customer such as give coupon to special customer, all food and service free for opening day, put advertisement in newspaper and magazine and distribute the image for our business. We have clear organization structure and distribute the roles between us in the work every partner get responsibility on one department. For the financial plan we select get loan to cover the shortage and start our business with strong capital. We expect in first six month we dont have so much profit we focus on build name for our business. Description of Business We select coffee shop to Join to the market. It is success business today most of people spend their time in this place and we can take advantage of it by attract the customer in short time. Also we have new idea by provide new style sandwich and pizza in Bahrain and their drawing customer this idea our business will be more successful. As we said in the introduction we start our business after six month but before we open it we go to Jidali to see the best location in our option because the ocation is important for the business to be successful. Also we should provision request to the Ministry of Commerce for our business to give us Commercial Register. Then after we get the Commercial Register and select the location we identify the important resource to our business we should have equipment, material, energy source, financial resources, physical resources and human resources. The important resource: Equipment: We should some important machine for our business such as: For the cook activates: 2. Dishwasher 3. Meat and Chicken Cutter 4. Vegetable Cutter 5. Cooking Ovens 6. Oven-Baked Bread 7. Refrigerators Cooling 8. Blender Juice 9. Frying Potatoes 10. Frying Electric Fillet And Burger 12. The Coffee And Tea Maker 13. Ice Making Machine 14. Microwave 15. Blender Cake Some important things for the running business 2. Tables and Chairs 3. Gas Cylinders 4. Crews Of Utensils Material: We need the material to make our product. And this includes: 1. Meats 2. Chickens 3. Vegetable 4. Fruits 5. Cheese 6. Milk 7. Drinking water 8. Spices 9. Ketchup 10. Mayonnaise 11. Oil 12. salt 13. Mustard 14. Flour 15. Yeast 16. Baking Powder 17. Bicarbonate of Sodium 18. Cream 19. Eggs 20. Chocolates 21 . Flavours For Cream And Cake 2. Sugar Brown Sugar 23. Biscuits 25. Jam 26. Milk Powder 27. Starch 28. Cream Caramel 29. Custard Powder 30. Jelly 31 . Chocolate Syrup 32. Strawberry Syrup 33. Caramel Syrup 34. Semolina 35. Cappuccino Powder 36. -rea 37. Coffey 38. Butter 39. honeyed 40. Sweet Pastry Energy-source 1. Gas 2. coal 3. Water 4. Electricity Financial resources: For our business we select HSBC to get loan and Tamkeen will support us to paid 50% of the interest. Because we are 4 we can get BD 20000 (5000BD for every member). Physical resources The business need place to start and running the operation and the location of the lace should be suitable for this type of business. Because this the business need: 1 . Suitable building. 2. Car parking. 3. Toilet and washing inside the building human resources: Our business needs people to running the operation in the coffee shop. So in our business we need choose perfect and good staff to achieve the goals and success the business. The size of our business: huge capital to start this business. The small business can help us to start slowly in the market and in the time we will growth our work. Total cost of first six month: May be same this. Type of cost 2000 Number of employees required: We are four owners we will take the managing of the business and we need eight employees under us to running the work. The expected sales turnover: 2 3 4 5 6 Cash Sales 1200 1 500 1950 Production plan We have product to produce it to the customer we should have Oven-Baked Bread to break the pastry and Cooking Ovens to cook the foods to the customer because this the kitchen should have the all necessary equipment for cooking all our goods. Production program production program Sl. NO name of product total quantity production per day per month per year Special Donut Pizza 10 3600 Pizza (meat, chicken, etc 5 750 Donut sandwich 14400 Shisha 2400 28800 Coffee -rea 3000 36000 7 Large Juice 20 7200 8 Medium Juice 10800 9 Small Juice 50 18000 Donut 2700 32400 11 1800 21600 12 Crossan 65 23400 13 Chess sandwich 70 2100 25200 Physical plant layout of the coffee shop Machinery and Equipment Name and specifications of machinery Total no. required price per unit Total price name of suppliers Dish washer BHD Geant 360. 000 Meat and Chicken Cutter 500. 000 Vegetable Cutter 20. 000 Cooking Ovens 350 BHD 700. 000 Almoayyed Oven-Baked Bread BHD 500. 000 Refrigerators Cooling 220 BHD 660. 000 Lemarche Blender Juice

Games & Simulations Research Paper Example | Topics and Well Written Essays - 250 words

Games & Simulations - Research Paper Example For example, some visitors like highly exciting rides and can tolerate nausea to considerable levels while some cannot. If a crash occurs, park visors die translating into a decrease in the park’s rating, thus the popularity of the park will be lowered. Your job therefore is to build the park and ensure a steady flow of customers, by hiring the right staff to carry out the requisite tasks that ensure the smooth running of the amusement park (Straight 2012). Rollercoaster Tycoon affords the gamer an opportunity of managing close to every business aspect associated with owning a theme pack. The learning objectives ascribed to the simulation is to design numerous features of the park that impact the park’s on-going popularity as well as the income generated by it. This consequently has an influence on the flow of capital that the player has to maintain, improve, and expand the park. The game consists of twenty one scenarios. In order to complete a scenario and proceed to a new one, the main objective encompasses having a pre-defined minimum number of visitors within a period of between four and five years that defines the deadline of the scenario (Straight 2012). As such, the game highlights that the corpus of business management encompasses the facets of time management, careful planning, hiring the right personnel, considering the needs of all customers, and most importantly, ensuring that you have a steady flow of customers thro ughout the year. Straight, A. (2012). Roller Coaster Tycoon [solve] Walkthrough, FAQ, Hints, Cheats - Cheatbook. Cheatbook - Cheat Codes, Cheats, Cheatsbook, Hints, Tips. Retrieved October 23, 2012, from

An Approach to Recruitment and Selection Essay Example | Topics and Well Written Essays - 2250 words

An Approach to Recruitment and Selection - Essay Example Therefore, his belief regarding customer response and employee enthusiasm has created a considerable influence on the corporate vision of TyCoffi. Notably, the corporate vision of TyCoffi depicts that customers do not only buy a cup of coffee, but also intend on consuming memorable experiences which can be derived particularly from efficient service. Due to this reason, Mr. Mike Jones intends to provide with significant emphasise to boost the collaboration amid employees and encourage them to be more productive in their assigned work maintaining a healthy, coordinated and decentralised organisational structure. Another major facet that Mr. Mike Jones considers to be quite vital is the recruitment and selection process executed to employ competent, enthusiastic and candid employees. He wishes to expand the company with additional five coffee-houses in the Cardiff area, Penarth, Cyncoed, Cardiff Bay, Roath Park and Pontcanna for which he is willing to execute his recruitment and select ion process in a structured, rational and beneficial manner. With due consideration to Mr. Mike Jones’ objective towards overall organisational growth, this report will intend to summarise a detailed approach to recruitment and selection process that can be beneficial for enhancing the relationship between employer and employee in TyCoffi. 2.0. An Approach to Recruitment and Selection The process of recruitment and selection is perceived to be quite significant for an organisation operating in the 21st century with the intention of being competent and sustainable in the highly competitive environment of the era. From a strategic point of view, an effective recruitment and selection process assists the organisation to acclimatise itself in the continuously changing business environment as well as enhances the overall organisational productivity1. Hence, it is of no doubt why managers focus with immense significance to the recruitment and selection process. As often noted by pr actitioners, recruitment can be referred to as the process where the employers intend to attract potential candidates from the external as well as internal (i.e. from within the organisation) business environment2. As noted by Dale (2004), â€Å"The primary purpose of recruitment and selection process is to achieve one desired end: appointing the right person to the right job†3 (pp. 1). Considering the importance of an effective recruitment and selection process in rewarding sustainable growth to an organisation, various factors can be identified that should be taken into account by recruiters while developing the process. These factors can exist both in terms of micro and macro elements in the organisational structure. The micro environmental factors can be stated as the organisational culture, structure, human resource policies and practices along with the overall organisational objective. Similarly, the macro environmental factors can be identified as the availability of p otential candidates for the job offered relative to the pay scale along with the employment rules and regulations as prescribed by the regulatory bodies4. It is worth mentioning that the organisational culture followed in TyCoffi is decentralised in nature which depicts independent participation of individuals in the decision-making process.

Teen Prevention Programs Teen Prevention of Sex Research Paper

Teen Prevention Programs Teen Prevention of Sex - Research Paper Example The study involved a randomized sample of 8430 students between the ages of 13 and 15 from 25 schools in Scotland. The students were evenly divided into two groups: control and experimental groups. The experimental group consisted of students who participated in the SHARE program and the control group consisted of students who participated in the sex-education program. The research was built around a conceptual framework reported in the literature. A review of the literature indicates that previous studies report that conventional sex-education programs have functioned to improve the sexual behavior of teens. However, those studies were based on methodologies involving experimental groups rather than randomized trial samples. Thus this study was intended to use a randomized trial sample as a means of determining whether or not conventional sex-education provided a benefit over and above new programs that were specifically aimed at altering the risky sexual behavior of teens. The research methodology involved participating schools to either implement the SHARE program or to continue with the sex-education program. The students were administered a self-reporting questionnaire within six months the completion of the programs. A further follow-up questionnaire was conducted two years later. An evaluation was conducted to determine the authenticity of the programs. The evaluation took into account variables such as context, delivery and students’ responses to the programs. Results indicated that there were no significant differences in sexual behavior after the completion of both programs based on the follow-up questionnaire. Vastly similar numbers of members of both control and experimental groups reported being sexually active by the time the programs were half-way through. Similar numbers also reported using condoms as well as engaged in unprotected sex. However, for students in both groups that had withdrawn from the school, there

Effect of Bring your own Device (BYOD) on Cybersecurity

Effect of Bring your own Device (BYOD) on Cybersecurity Effect of Bring your own Device (BYOD) on Cybersecurity at workplace Introduction Several new trends in information access are impacting organizations ability to control and secure sensitive corporate data. The increase in web applications, cloud computing and Software as a Service (SaaS) offerings, and the Bring Your Own Device (BYOD) phenomenon, means that employees, business partners and customers are increasingly accessing information using a web browser on a device not owned or managed by the organization (Morrow, 2012). Bring your own device (BYOD) is process whereby when individual/ employees can use personal devices for business purposes (Privacy Right, 2013). And the D in BYOD includes more than just smartphones. It also includes employees logging into web applications such as Outlook Web Access and SharePoint, SaaS applications such as CRM systems or healthcare billing applications hosted in cloud services, from home desktop or laptop computers (Morrow, 2012). The concept of bring your own device (BYOD) is a growing trend for business IT. There are a var iety of benefits to allowing users to supply their own PCs and mobile devices, but there are also some concerns (Bradley, 2011). Several studies have also shown that BOYD is one the three biggest cybersecurity threat of 2014 (Singh, 2012). In addition, it is suggested that BYOD, or bring your own device, can no longer be thought of as a fad; it is quickly becoming the new reality. In addition, as this trend grows, all businesses are potentially at risk which can stem from both internal and external threats, including mismanagement of the device itself, external manipulation of software vulnerabilities and the deployment of poorly tested, unreliable business applications (Singh, 2012). In this study, the effect of Bring your own Device (BYOD) on Cybersecurity at workplace will be investigated. Hypothesis It might be concluded that due to using of unauthorized devices such as personal electronic device also known as Bring Your Own Device (BYOD) at workplaces causes intrusion into the company network, thereby causing data loss, stolen intellectual property to mention but few. Arriving at this hypothesis: It was not an easy task, however, following the provided information made it easier. Coming up with the hypothesis, I had to brainstorm and do enough research to come up with a schematic sketch of the variables (independent and dependent) involved in this issue. To ensure the hypothesis is an empirical statement, general phenomenon, plausible, specific, consistent and testable. In this hypothesis, the identified independent variable is the personal electronic device (BYOD) while the dependable variable is the network intrusion, thereby causing data loss, stolen intellectual property. Figure 1: Schematic sketch of identified variables Independent Variable Dependent Variable Use of Personal Electronic Device à ¢Ã¢â‚¬  Ã¢â‚¬â„¢ Network intrusion Figure 1: showing the dependable and independent variables of the hypothesis Findings Studies have shown that one of the biggest challenges for organizations when employees use their own device organizations is that corporate data is being delivered to devices that are not managed by the IT department (Morrow, 2012). This has security implications for data leakage, data theft and regulatory compliance (Morrow, 2012).in addition, the use of unmanaged devices such as BYOD causes enterprises to have less control and visibility, and fewer mitigation options than they do with managed devices (Morrow, 2012). In addition, Laptops, smartphones and tablets that connect to corporate networks significantly increase threats to sensitive data (Morrow, 2012). . Organizations should be concerned about the security state of endpoint devices and the risks to which they are exposed. Key loggers, malware and cyber-attacks have greatly increased the potential for unauthorized access to, and information theft from, endpoints. Potential unintended consequences such as data leakage and mal ware reinforce the need to enhance the security of corporate data. A malicious employee can easily steal company trade secrets, intellectual property or sensitive customer information by saving it locally or to a cloud service, sending it through accounts in Dropbox and you send it or emailing it via a personal webmail account. Organizations must control the data after its delivered to the device to prevent accidental or intentional loss by careless or malicious end users. Studies have also shown that to assess the risks of BYOD computing, everything from data contamination to user habits to the activities of criminal syndicates needs to be considered (Romer, 2014). Some of the security risks to be considered includes: Security as an afterthought: Shows that most mobile devices either lack advanced security features or have them disabled by default. Even basic features such as screen locks are turned off, and most users leave them that way (Romer, 2014). Data contamination: Shows the photos and other content share storage space along with confidential business data. This combining of data introduces new risks to the enterprise. Through carelessly configured back-ups or file copies, personal content might accidentally end up on corporate file servers. Worse, personal files that contain malware might spread to business files and from the mobile device to internal file servers and other enterprise assets (Romer, 2014). New Forms off malware: Shows that New forms of malware targeting mobile devices are on the rise. IBM predicts that mobile malware will grow 15% annually for the next few years (Romer, 2014). Hackers and criminal syndicates realize that most mobile devices are less secure than more traditional devices such as laptops (Romer, 2014). They have begun targeting mobile devices for attacks ranging from mischievous pranks to advanced persistent threats that stealthily copy internal data over many months, transmitting it to remote control centers around the world (Romer, 2014). Phishing attacks that slip past network defenses Shows that many employees routinely catch up on email and work during evenings and weekends, and when they do, they typically use smartphones or tablets (Romer, 2014). Realizing that most of these devices lack AV software and that most email and web traffic accessed remotely bypasses inspection by firewalls and gateways, attackers are now designing phishing attacks and other email exploits to be triggered during non-business hours (Romer, 2014). Lost Devices: Shows that on average, a cellphone is lost in the US every 3.5 seconds.1 Even if a lost smartphone or tablet does not contain confidential data, it still might include apps or cached credentials that make it easier for criminals to infiltrate an enterprise network (Romer, 2014). As workers begin carrying more devices, the likelihood of them losing devices only increases (Romer, 2014). Risky file sharing: shows that to ensure all their devices have the files they need, employees often try out one or more file-sharing services, including free but risky file-sharing apps that run on public clouds (Romer, 2014). Unfortunately, these services, though popular, are usually not secure enough to be trusted with enterprise data (Romer, 2014). Conclusions with recommendations Overall, this study shows that organizations should be concerned about the security state of endpoint devices and the risks to which they are exposed. In addition, key loggers, malware and cyber-attacks have greatly increased the potential for unauthorized access to, and information theft from, endpoints. Potential unintended consequences such as data leakage and malware reinforce the need to enhance the security of corporate data. In addition, to protect valuable information such as intellectual property, organizations need to make data security a top priority. To counter these sophisticated threats, organizations should employ a layered security strategy that provides necessary access to corporate information while minimizing risk and maintaining compliance (Privacy Right, 2013). When it comes to sensitive information, the focus must go beyond authorized and unauthorized users and extend data protection from storage through transport to delivery on the endpoint to prevent sensiti ve data loss (Privacy Right, 2013). Organizations also need to stop making a distinction between devices in the corporate network and devices outside of it, and focus instead on protecting their information (Privacy Right, 2013). They must compartmentalize access to sensitive information, employ better audit logging and log analysis, and deploy security solutions that are designed to support current BYOD strategies, such as those that can control the replication of data (Privacy Right, 2013). In conclusion, organizations must now readdress their corporate policies to ensure that their greatest asset information is being safeguarded on these mobile devices that are outside of their direct control (Gatewood, 2012). References Singh, Niharika. B.Y.O.D. Genie Is Out Of the Bottle Devil Or Angel Journal of Business Management Social Sciences Research (JBMSSR) ISSN No: 2319-5614 Volume 1, No.3, December 2012 Bradley, Tony. Pros and Cons of Bringing Your Own Device to Work. PCWorld. PCWorld, 21 Dec. 2011. Web. 17 Dec. 2016. Privacy Right. Bring Your Own Device (BYOD) . . . at Your Own Risk | Privacy Rights Clearinghouse. Privacy Rights Clearinghouse, 1 Sept. 2013. Web. 17 Dec. 2016. . Morrow, B.BYOD security challenges: Control and protect your most sensitive data(2012) Network Security, 2012 (12), pp. 5-8. Romer, Hormazd. Best Practices for BYOD Security. Computer Fraud Security 2014.1 (2014): 13-15. Web. 17 Dec. 2016. Gatewood, Brent. The nuts and bolts of making BYOD work. Information Management Journal, Nov.-Dec. 2012, p. 26+. Academic OneFile, Accessed 17 Dec. 2016.

The Divine Comedy vs. Paradise Lost Essays -- essays research papers

Full Circle – from Sin to Salvation   Ã‚  Ã‚  Ã‚  Ã‚  Great works of literature have been written throughout history. However, The Divine Comedy and Paradise Lost have the inept ability to stir the soul and cause a person to examine and re-examine their life. The brilliant descriptions, use of imagery, metaphor and simile give a person a vivid picture of the creation of man and the possibilities for life in the hereafter. This is done, as a person is able to see, full circle, from the beginning of time to the end of time, the consequences of turning away from God. The ability to see a life full circle is apparent through the examination of both of these poems. Although written many years ago, the morals and principles that they convey ring very true for people in this century as well as times yet to come. The Divine Comedy, written in the 14th century by Dante Alighieri, is a heroic epic. Throughout Dante’s literary work, he outlines his scientific understandings of the world, his political views and provides the reader with a moral compass and spiritual map of which to follow. This poem is written in three parts, Inferno, Purgatorio, and Paradisio, each of which is broken down into individual cantos. Inferno includes 34 cantos, whereas Purgatrio and Paradiso each contain 33 cantos, however, the first canto of Inferno is really an introduction to the poem. The primary characters in Dante’s poem include himself, who is also the narrator, Virgil, a poet he has admired, who serves as his guide through most of the first two sections, and finally, Beatrice, his inspiration, who greets him at Paradisio and escorts him through the remainder of his journey. Dante experiences a vision, at the age of 35, after experiencing traumatic events in his hometown of Florence. The events that are occurring in Florence at the time are associated with papal corruption and cause Dante to be forced into exile. Following the vision, which confirms to Dante that he has strayed from the right path in life, Dante begins his travel through the three realms, which contain the possible consequences following a person’s death. Dante’s journey begins on Good Friday, when he is escorted to the gates of Hell, moves to Purgatory and ends in Heaven. However, an escort accompanies him for duration of his journey. Virgil, who Dante has long admired, escorts Dante through Hell and... ...or not to obey the Father in the partaking of the fruit. Faith becomes a common theme through questions that are answered within the poems. Raphael answers Adam and reveals the meaning and importance of faith. The same thing occurs in Dante’s poem when St. Peter gives him information. In Milton’s poem we see and feel that the character of Eve is somehow not as important as the character of Adam. This is evident in the way Adam is consulted while Eve is left to herself in times of important conversations. In Book eight, Adam says that Eve is â€Å"th’ inferior, in the mind and inward faculties.† (Paradise Lost, book 8, line 317-318) Eve is a submissive character in Paradise Lost. On the other hand, Beatrice, in Dante’s The Divine Comedy, is a strong character and leads Dante. The use of numbers is very important in Dante’s poem as the number three reveals itself several times as well as the number seven. This is not a characteristic found in Paradise Lost. Both poems inspire their reader to look at their own life. In addition, they treat the reader to a full serving of historic literature that not only entertains, but also teaches valuable lesson in the form of morals and principles.

The rise of high

Background Information on EX. INC The company EX. is a high-end retail chain that sells luxury watches, jewelry and handbags. The company has decided that they would like to expand their organization on a global scale. The organization wants to begin a company in China for a period of 1 year, within that year they will begin to branch out to the countries of Brazil, India, and Russia. As the company begins to work on their short-term objective Of expanding, into China and into the B. R. I.C footprint, there will be small and large-scale changes that will occur doing the process, formulating and implementing a business plan that defines the organization structure and strategy is key to expanding the organization on a lobar scale. There will be many challenges associated when trying to navigate luxury brand items into operating environments across the B. R. I. C to capitalize on the growing wealth and booming middle class. It is speculated that by the year 2050, the B. R. I. C would be wealthier than most of the current economic powers in the world. The B. R. I.C represents more than 40 percent of the world's population. According to investigated â€Å"China and India will become the world's dominant suppliers of manufactured goods and services, respectively, while Brazil and Russia will become similarly dominant as appliers of raw materials. Due to lower labor and production costs, many companies also cite BRICE as a source of foreign expansion opportunity† Move. investigated. Com). Globalization has expanded and accelerated the exchange of many goods and services over vast distances. The recent pace of global integration within the B.R. I. C has dramatically increased, with changes occurring in technology, communication and transportation, these process have made businesses more interdependent than ever. Weiss states â€Å"In an increasingly globalizes world, in which change comes at an ever-faster rate, a DOD business must always have a set of short-te rm as well as long term goals and a detailed strategy for how to reach those goals†. (Weiss, 2012). With the economic growth process occurring through globalization, EX. Inc. Has decided to expand their high-end luxury brand stores globally.As the senior executive representative for EX. Inc. , have been put in charge of the company's first international expansion. It will be my responsibility to decide what organizational changes will take place. As the leader of this expansion, I need to use an appropriate change model that will find ways to improve and expand the organization. The choice Of expanding on a global scale can increase profit; bonus can be offer to future and current employees, and new partnerships are formed that bring new clientele into the EX. organization.China is a great choice for EX. Inc. Global expansion, china is the second largest country in the world, they have about 1. 3 billion people who live and work in a economy where high-end luxury items are wan ted and produce there daily. China is the hub for imported and exported goods, nothing moves into Brazil, Russia or India without coming through China first. The readerships made in China will have a long term affect on future expansion into the B. R. I . C. Knowing upfront the economic advantages in China will give EX. Inc. He competitive advantages that is needed to move forward in the global growing market. As the company begins to work on their short-term objective of expanding into China there will be small and large-scale changes that will occur doing the process, formulating and implementing a business plan that defines your organization structure and strategy is key to expanding the organization on a global scale. Implementing and planning the organization expansion is a lot of responsibility for the persons who have to implement the plan and for the managers and team members who has to enforce the plan.There are three types of changes that happen at the organizational level , the first change is developmental change, this involves an improvement of what already exist. The second change is the transitional change, consists of an â€Å"implementation to achieve a known desired stats that is different from the existing 2012). The last change is transformational change, which involves the emergence of anew, unknown state for the organization. The moved to China is transformational change. Making the transformational shift from the IIS to China will be hard if the proper planning and guidance is not clear.Five Dimension Change model gives the organization a forced guideline to use to stay on track and time with the planned move. This change model provides distinct implementation phases that help the leaders, managers and team members move to their desired destinations. There are a total Of five steps that will ensure that EX. will accomplish there assigned tasks, an take care of there managers and employees in the process. Motivating Change: preparing to l ead the change, s the senior executive of this organization it is my responsibility to ensure that prepare this organization for change on a global and international platform.My company leaders want to partner up with four of the largest countries in the world to become globally competitive. Am being asked to lead immediate change. I must prepare by learning the reality of the situation in B. R. I. C, studying the facts, numbers and details, will need to prepare a case while identifying if I have the right skill sets within my organization to lead the change. I must motivate change by creating readiness and overcoming the resistance for change. Step 2: Creating Vision,- the organization overall vision is to have stores open throughout the B.R. I. C. , to achieve this process, the team will kick at past, present and future conditions. There is no success in business without a vision or a plan. â€Å"A business plan lays out your company's goals so that everyone involved can keep foc used in the same direction. A strategic plan takes this process a step further by giving every division and employee in your company a step-by-step procedure for obtaining the goals set forth in your business plan. Keeping employees focused on the plan means communication and involvement.Every employee will implement your strategic plan as long as he knows his role and can monitor his progress as well as the progress of the company'. (www. Smelliness's. Chronic. Com) Step 3:Developing Political Support- an organization must have political support through transformation process. Step 4: Managing the Transition-according to Weiss ‘intervention must be designed and implemented in both motivating and managing the transition†. An organization can't be afraid of large-scale changes, leaders must know hat is needed within the organization to move towards the company vision.Step 5: Sustaining Momentum: while change and transformation are happening within the organization, leader s are often busy with many projects and are preoccupied with many task, this step allows employees to be engaged and involved with moving towards the organization goals. Open communication between leaders and employees are very important in this last and final stage, providing feedback on concerns, ideas plans goals and performance is important that all see and understand the planned vision of he organization. Used the Five Deem change model for my short and long term change model. Just go through the same process of leading my team Short Term Change Model: Dungy and State's Four Levels Of Change Model The Dungy and State's Four Levels of Change Model, will guide EX. Inc to the transformation that is needed to move the company to China, this change model will help them in 4 different levels achieve there expansion goals internationally. There are specific 4 levels that can occur in an organization. The first level: Fine Tuning, this change involves and ongoing process of itching and fitting an organization strategy, structure, and processes with the environment.This is the level where a strategic plan is laid out at the beginning of the move, every person within this process will be given a step- by-step procedure for obtaining goals sat forth in the organization strategic plan. Leaders and manager will play a very important role of keeping employees on track for the mission at hand. The ultimate responsibility of carrying out the goals set by all falls back on leaders and mangers when the task aren't completed to standard or on time.Level 2- Incremental adjustment: this change model predicts changes that evolve slowly and systematically at a constant rate over time within the organization to fit the external environment. Slightly larger than fine tuning, incremental adjustment to the organization can include correcting faulty processes, changing business emphasis, reallocating staff and so on. â€Å"This takes more work and has a greater risk of going wrong and So is more likely to use local improvement projects, where people take time out of their day work to engage in study of the situation and design of appropriate solutions.Companies that do this often have internal facilitators who are trained up in the methods of improvement and techniques of facilitating nappy, D. And State, D. (1993). Level 3-Modular transformation. Organizational change is radical in this type of change, but it is focused on subparts rather than on the entire organization; for example, restructuring departments or divisions; changes in key executives' and managers' responsibilities; introducing new processes in IT, human resources, or a business process. This type of change is related to transitional change. Weiss, 201 2) Beyond incremental improvement is ‘Business Process Reengineering', or BPR, where the principle is that where incremental changes have limited effect, significant improvements may be achieved by forgetting how the process is enacted at the present and starting with a clean drawing board. Such ‘clean slate' approaches both liberate the designer to entirely re-think how things are done and also give the opportunity for significant failure. A common failure in such projects is where a process gets automated but the software does not behave as well as intended. Level 4 – Corporate transformation.

Emperor Constantine essays

Emperor Constantine essays Constantine was born at Naissus in the province of Moesia Superior on February 27, 272 or 273. Constantius, Constantines father, was a military officer. Constantines mothers name was Helena and was known to be a humble person. Throughout his life, Constantine proved himself to the Roman people. On March 1st of 293, he exceeded the rank of Caesar. Shortly after, he married Theodora, the daughter of Maximian. When Diocletian retired on May 1st of 305, Constantine made the rank of Augustus. In 306, when Constantines father Constantius Chlorus died, Constantine was announced Augustus by his troops at York. Galerius (Constantines opponent) refused to accept Constantine. This didnt last long. In 308, Constantine was required to give up his title and return to the rank of Caesar. He refused, and to prove himself, he went campaigning against the Germans. He marched his German armies into Gaul, and forced Maximian to flee to Massilia. Maximian was Faustas father, which was Constantines wife. Maximian either committed suicide of was executed in 310. The persecution of Christians was had already begun (started in 303). Constantine supported the Christians. He put an end to the persecution of Christians by the Edict of Mulan in 313. One night when Constantine and his army were on a march toward Rome, it has been said that Christ appeared to Constantine and told him to place the heavenly sign on the battle standards of his army. He then told his men to place a cross on their shield for battle. He later learned the cross was the symbol of the Christian Faith. From that day forward, Constantine was committed to the Christian Faith. Just before the tenth anniversary of his approval from the Senate as Emperor, the Arch of Constantine was finished. There were many celebrations. All sacrifices to the pagan gods were not allowed. Constantine defeated Maxentius at the Milvian Bridge in 312. The op...

Word Choice Born vs. Borne - Proofread My Papers Academic Blog

Word Choice Born vs. Borne - Proofread My Papers Academic Blog Word Choice: Born vs. Borne The words â€Å"born† and â€Å"borne† are spelled almost the same but differ in meaning. Getting these terms mixed up can therefore impact upon the clarity and accuracy of your written work. To help you avoid this kind of mistake, we’ve compiled a guide on how these terms should be used. Born (in the USA) When Bruce Springsteen sang that he was â€Å"born in a dead man’s town† he was using the word in its literal sense, meaning â€Å"existing as a result of birth.† This is why we say that someone born in a certain place was place-born (e.g., German-born, Canada-born, etc.): New Jersey-born soccer player Carli Loyd was instrumental in the USWNT’s World Cup victory. In a more figurative sense, we sometimes use â€Å"born† to mean â€Å"arising from/of†: Mary Shelley’s Frankenstein was born of a competition between Shelley and her companions to see who could write the best horror story. Furthermore, if someone has undergone a major change in their life we might say they have been â€Å"born again† (such as a â€Å"born again Christian†). Borne The word â€Å"borne† is the past participle of the verb â€Å"bear.† It therefore means â€Å"to have carried†: On Palm Sunday, Jesus entered Jerusalem borne on the back of a donkey. This is why we use adjectives like â€Å"waterborne† or â€Å"current-borne† when describing something carried by something else (e.g., â€Å"an airborne virus†). Another way in which we use this term is to indicate that someone has taken responsibility for something: The upgrade had been expensive, but the company had borne the brunt of the costs. The term â€Å"borne out,† meanwhile, means to corroborate or confirm something: The scientist’s hypothesis was not borne out by the experiments she conducted. Borne vs. Bore It’s worth noting that the verb â€Å"bear† has another past participle: bore. The difference between â€Å"borne† and â€Å"bore† is that the former is passive and the latter is active. So if we’re using the active voice, in which the subject of the sentence is actively bearing something, we use â€Å"bore†: The palm tree bore coconuts. But when using the passive voice the subject of the sentence is not doing anything, so we use â€Å"borne†: The coconuts were borne by the palm tree. It’s therefore important to remember the distinction between â€Å"bore† and â€Å"borne,† as well as the difference between â€Å"born† and â€Å"borne.†

The number of owners of mobile phones has grown rapidly and hence the Essay

The number of owners of mobile phones has grown rapidly and hence the demand for mobile phones has also grown rapidly. Yet the prices of mobile phones have fallen. Why Explain using relevant diagrams - Essay Example However, in the mobile phone market, the demand for mobile phones increases as the price of the mobile phones decreases. This can be attributed to various reasons. Begg et al. (2011) notes that, for there to be an increase in demand, there have to be a change in one or more of the demand determinants. An increase in demand will in turn cause a shift to the right of the demand curve. When there is a shift to the right of the demand curve, the markets equilibrium will be disrupted thus causing a temporary shortage of the product being demanded. The temporary shortage created is eliminated with an increase in price of the product. However, in the mobile phone industry, there has been an increase in demand and a decrease in their prices. This can be attributed to various factors (Research and Markets 2011). Sloman & Garratt (2010) posits that an increase in demand of mobile phones can be caused by an increase in buyers’ income. When the level of income of the buyer increase, the buyer gets more money to spend on a certain commodity, which they are interested in. this happens when there is an increase in the income for a normal good. Moreover, an increase in demand for mobile phones can be attributed to a decrease in income of the buyer for an inferior good. Moreover, an increase buyer’s preference on mobile phones against other communication gadgets has caused a shift in the demand curve for mobile phones. Mobile phones are preferred since they are easier to use and results to instant feedback as compared to earlier means of communication such as letters. Moreover, mobile phones are preferred since they are cheap to afford as well as offers flexible means of communication (Mobile Promotions Market 2012). Mobile phones have gained consumer confidence in that the advanced systems allow the user to make audio-visual calls. Furthermore, mobile phone industry has experienced a boom in sales due to inflexibility of its competitors. For

The Greeks and The Romans civilizations Research Paper

The Greeks and The Romans civilizations - Research Paper Example Having its origin in the Etruscan ethnicity, socio-cultural traits of the city-state of Rome had been greatly influenced by the north. Also, in the south, it was exposed to the influence of Greece. The Greek influence had already spread along the Mediterranean Sea centuries before the Romans established their city-state. Due to the geographical nature, Greek cities were highly isolated from each other. As a result, Greek influence surrounding the Mediterranean Basin was merely the extension of their isolated city states. Indeed, the geographical features also contributed to the â€Å"fierce exclusiveness of the Greek city-states from one another, stemming from their geographical isolation† (Comparisons, pars. 2). Moreover the Greek Polis maintained a strict prohibition on the extension of citizenship, since the citizenship of any of the city-states was determined by the socio-cultural uniqueness of the people of a particular land. Patterns of Greek and Roman History Whereas th e Greek polis began around 750 BCE, the Rome as the Republic started around 400 BCE. The Greek civilization reached its peak point around the 15th century, when the Roman Empire was at its twilight. Meanwhile, the Romans were expanding both westward and eastward under the leadership of Alexander the Great in the late 300s BCE. After Philip II, Alexander’s father conquered Macedonia, Greek philosopher Aristotle was appointed the tutor of Alexander the Great. The influence of the Greek culture on Alexander was overwhelming; as a result, Hellenism as the conglomeration of the Roman and the Greek civilizations began to emerge. Unlike the Greeks, the Romans were more liberal to absorb the people under their control. Though the Roman civilization began to expand in response to their effort to mitigating the threats from neighboring countries, the foundation of the Roman Empire was further boosted up by the Romans’ inclination to grant citizenship to the people of the conquer ed states. On the contrary, the Romans brought â€Å"other communities on the Italian peninsula under their control, first by conquest, and then by extending Roman citizenship to elements of the conquered peoples† (Comparisons pars. 3). This success on the Roman part to pull the conquered people into a Roman identity helped the Roman to survive even during the fierce Punic war. But in comparison with the Romans, the Greeks failed to lately build their empire due to their reluctance to give the conquered people an imperial identity. Though they endeavored to establish their own empire by dominating the Delian League, it was marred during the Peloponnesian Wars. By the time of the Punic War, the Roman had been able to unite all the city-states on the Italian Peninsula under the Roman identity. It is commented on this success as following: There are, therefore, two key components in the success of the Romans in building an empire. One surely was their military prowess, and the o ther was their organizational/political/legal skill in extending their governance over the conquered peoples into the empire. (Comparisons pars. 3) Greek and Roman Political Institutions Both the Greek and the Roman civilizations included a variety of political institutions, systems and forms. Though these two civilizations