Taking Control free essay sample

Cars are taking over. Now before you dismiss me as a lunatic who thinks automobiles want to rule the world, let me explain. They are taking over the role of the driver. The amount of driver replacing technologies proliferating through the auto industry is astronomical. Lane departure warnings, backup cameras and beepers, auto adjusting headlights, and now cars can even stop themselves! When did the chair in front of the steering wheel and pedals become a passenger seat? Modern vehicles are training drivers to detach from driving. I know who, or should I say what, is to blame for this travesty. It is the automatic transmission’s fault. I learned to drive in our family’s Volvo S70 and Acura MDX, both automatic equipped vehicles. But when the time came to purchase my own car my dad suggested I consider a manual, also known as a stick. This suggestion did not interest me in the slightest at first because there was sure to be a frustrating learning curve that would take months to get around. We will write a custom essay sample on Taking Control or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Six months later, I finally purchased my first car, a 2005 Nissan Sentra SE-R SpecV. Besides coming equipped with a tongue-twister of a name, this sporty sedan also came with a 6-speed manual transmission. By that time I had spent maybe an hour behind the wheel of a friend’s manual to learn the basic technique. But learning to drive my car constituted the first extended experience I had â€Å"rowing my own†. Much to my surprise, I was driving stick like a pro within a week. And now, I would not give up a manual for anything. A few months ago my younger sister bought her first car, a 5-speed wielding Kia Spectra5. We are now a house divided, the children driving manuals, and both my parents putting around in automatics. Let’s examine these two transmissions purely for mechanics. Manual transmissions use a driver actuated clutch that connects and disconnects the engine from the transmission. A system of gears actuated by a shift lever composes the gearbox. It’s a relatively simple and lightweight design. Automatic transmissions use a torque converter assembly to couple the engine to the gears. This system works using fluid coupling, and has fewer parts than a clutch. But the gearbox itself contains a jumble of planetary gear sets and clutch packs. The computer uses fluid based actuators to activate different clutches and change whether the sun, planetary, or ring gear is being driven, causing the automatic to shift. Sound complicated? Probably because it is. Manual transmissions have far fewer parts which means less can go wrong. It also produces a lighter assembly, which aids in the performance and efficiency categories. While the inner workings of cars fascinate me, the mechanics of a transmission are a little over the top for many people. But everyone knows how to have fun. The manual transmission creates a far more entertaining driving experience than an automatic. The driver has complete control over the gear selection in a manual. A driver can downshift, causing the engine rpms to jump and gain speed. Or they can go into stealth mode by shifting to higher gears and dropping the rpms low, making the vehicle soundless. Even on the big screen manuals beat automatics. Think about the Fast and Furious franchise. Where would they be without their repeated sequences of quick upshifts for more speed or downshifts to initiate a drift? In an automatic there are essentially three choices. Forward, park, and reverse. Choosing among those hardly constitutes exhilarating driving. Imagine the look on your friends’ faces as they cling to the door handles while you manually fly through gears and corners. Your expertise will surely impress them. True, this kind of dr iving is not as easy as the movies make it seem. An automatic is easier by far. Jump in and go, no hassle. A manual requires a certain amount of practice and skill, but so does riding a bicycle, and we all overcame that challenge. Log a few miles in a car with a stick and one becomes proficient at shifting. The â€Å"fun† choice in transmission is clearly the manual. However, cruising the open road is not always about fun and games. An enormous amount of responsibility goes with driving a car, and the danger you pose to yourself as well as to others when you shirk your duty behind the wheel is real. For safety, manuals are a clear winner as well. With an automatic, the simplicity of the driving task, and the degree to which the car can take over the driving operation encourages the driver to let his or her hands and mind wander to other things. Guys can be tempted to shave, tie a tie, and drink coffee while cruising to an early morning business meeting occupies our attention. Women tend to apply lipstick, mascara, and other beauty products. These operations can require taking your eyes off the road, a huge no-no in the safe drivers’ handbook. Manuals, however, require much more attention. Gears need to be changed and clutch pedals need to be pushed. The car will not shift by itself. And since the driver is forced to pay attention to the d riving process, these other distractions must wait. Though driving a manual may necessitate getting up earlier to finish getting ready for work, it is sleep well worth losing. In the end, the deciding factors are factors are power and efficiency. I feel that the manual most effectively combines both aspects. When one wants to accelerate quickly, a manual gearbox allows you to hold the gear longer, rising higher into the power curve of the engine. Or you can downshift, bringing the engine rpms up rapidly and gaining more power. If efficiency is your goal, simply shift earlier, and keep the rpms as low as possible. With a manual it is possible to have the best of both worlds. Automatics however can only really accomplish one of these tasks. The car’s computer tuning decides whether the transmission will strive for efficiency or power. If you are looking for efficiency though, modern day automatics have become incredibly mileage oriented, even to the point where some surpass manuals. And a well-tuned automatic can accelerate as quickly as a manual off the line. They are capable machines, but they lack the ability to multitask. When seeking the perfect blend of performance and efficiency, the manual takes the checkered flag. The difference between a manual and an automatic transmission is like the difference between baking your own cake and purchasing one from the store. Baking isn’t easy. It may take a few burned attempts or a crumbly, dry disaster before you get the delectable wedding worthy cake you had a craving for. But a certain pride goes into producing your own cake, just as pride goes into completely controlling your car. Even if it first comes at the cost of embarrassing stoplight stalls or a burned clutch. The real beauty in baking a cake though is in making it your very own. So the grocery store has 6 different flavors and 4 different frostings. Hey they even have sprinkles and chocolate shavings! But did you add a little extra sugar for sweetness? Did you subtract a little butter to spare your arteries? Or is your rum cake more rum than cake to make things interesting? Homemade cakes are one of a kind. They are made to fit your tastes, not a plastic container. Manuals allow you to cr aft your own driving style. Make it fast, make it fun, make it efficient, make it yours. Do not settle for an automatic’s preconceived notions about when you should shift. What makes it think it knows better than you? It is your oven, or your car. Auto manufacturers insist on taking away our ability to drive. You cannot go more than a mile without the â€Å"helpful† beeping of that collision prevention sensor from hell assaulting your ears. Believe me I know. The backup sensor in my family’s Ford Excursion beeps about 20 times a second if you are closer than 5 feet to some object, which happens in every parking lot, and yes it is as annoying as it sounds. Literally. It is time to take back control. The car thinks it knows better than we know, but as long as we sit in that driver’s seat, we will be the boss. Manuals are being phased out in favor of the automatic. Car salesmen everywhere say it is better this way, that automatics conserve power and efficiency without damaging the driving experience. They would be misinformed. Manuals offer more power, efficiency, and fun while maintaining safety. The battle for the driver rages on, and saving the manual is the key to winning it. Because, to quote Car and Dr iver’s Eddie Alterman, â€Å"Little boys asking their fathers, ‘Daddy what’s the third pedal for?’ makes baby Jesus cry.†

Chemistry SC Essays

Chemistry SC Essays Chemistry SC Essay Chemistry SC Essay Questions 19. Based on the observations provided in the kitchen lab, Developing an Activity Series, the order of the four metals from most reactive to least reactive is: zinc, iron, nickel, copper. Zinc is the most reactive. The reaction occurred quickly Small bubbles (hydrogen) appeared straight away. As the reaction continued, larger bubbles (more hydrogen) appeared. At the end of the experiment, the nail was completely rusted. Hydrogen displaced the zinc. Iron had no visible reaction after 1 hour, so there wasnt as an immediate off reaction as with the zinc. The reaction then escalated after four hours, and after a 1 day period, hydrogen displaced the iron and left the nail rusted. The reaction of the nickel was even slower than that of the iron; there was no immediate reaction and no visible change until after a one day period, when it appeared darker and slightly tarnished (not as violently corroded as the zinc and iron). The penny shows no reaction because it is below hydrogen in the activity series. Hydrogen does not displace copper. Chemistry SCHUSS-B, Unit 2, Lesson 7: Key Questions a. Word equation for the burning of carbon: carbon+ oxygen 0 carbon monoxide Balanced chemical equation for the burning of carbon: C(s) + 02(g) 0 CO(g) Word equation for the burning of sulfur: sulfur + oxygen 0 sulfur dioxide Balanced chemical equation for the burning of sulfur: S(s) + 02(g) 0 SIS(g) b. SIS is a byproduct of the burning of coal. It is a very acidic oxide, producing sulfurous and eventually sulfuric acid when mixed with water, contributing to acid rain. In areas where there is a large amount of SIS present, the rain pH can be as low as 3. 5 whereas natural rain is about 5. 6. This is 100 times more acidic. C. This harmful effect is noted by: Sulfur dioxide + water + sulfurous acid 0 sulfuric acid SIS + H2O 0 HASPS HASPS Chemistry SCHUSS-B, Unit 2, Lesson 8: Key Questions 25. It is important to ensure that your furnace is tuned up and in proper working order prior to winter because of CO emissions that could be potentially dangerous leading to carbon monoxide poisoning. Carbon monoxide is a colorless, odorless, and tasteless gas that is fatal to humans. As windows are generally kept closed in winter months, the excess CO gas could be lethal as the CO would have no way of dissipating. 26. I support the President of the United States in his boycott of Alberta dirty oil. In addition to the excess greenhouse gases created in separating the oil from the sand, extraction of the tar sands oil and upgrading it to fuel grade for car engines required enormous amounts of energy and water and destroys miles of forest. 1) To extract each barrel of oil from a surface mine, the industry must first cut down the forest, then remove an average of two tons of peat and dirt that lie above the oil sands layer, then two tons of sand itself. (2) The water that is used in water shortage to consider. The water used in the mining and refining of this oil moms from the Databases River, which mostly is derived from the Databases Glacier, which is retreating rapidly. This wat er shortage would be detrimental to the Alberta populous.

Rutherford B. Hayes Biography - 19th President of the US

Rutherford B. Hayes Biography - 19th President of the US    Rutherford B. Hayess Childhood and Education: Hayes was born into a family that had a long history of military service. Both his grandparents fought in the American Revolution. Born on October 4, 1822 in Delaware, Ohio eleven weeks after his fathers death, Hayes was raised by his mother. He attended a Methodist school and a college preparatory academy before attending Kenyon College. He graduated first in his class. He then studied law before entering Harvard Law School. He graduated in 1845 and was admitted to the bar. Family Ties: Hayes was born to Rutherford Hayes, a merchant and farmer, and Sophia Birchard Hayes. He had one sister named Fanny A. Platt. On December 30, 1852, Hayes married Lucy Ware Webb. She would later be dubbed  Lemonade Lucy for her banning of alcohol at the White House. Together, they had four sons and one daughter.   Rutherford B. Hayess Career Before the Presidency: In 1845, Hayes began practicing law in Ohio. From 1858-61, he served as the Cincinnati City Solicitor. Hayes served in the Civil War, rising to the rank of major general of volunteers. He showed valor on the battlefield having been wounded several times. He resigned soon after Lee surrendered in 1865. Hayes was quickly elected as a U.S. Representative serving from 1865-67. In 1868, Hayes became the Governor of Ohio. He served from 1868-1872 and again from 1876-77 when he became President. Becoming the President: In 1876, Republicans chose Hayes to run for president. He was opposed by Democrat Samuel J. Tilden who won the popular vote. However, the vote in three Republican-controlled states was in confusion. Tilden only needed one electoral vote to win while Hayes needed every vote from all three. When doing the recount, many Democratic ballots were ruled invalid in Florida and Louisiana. A investigative commission voted 8-7 along party lines to give all the electoral votes to Hayes allowing him to win. Events and Accomplishments of Rutherford B. Hayes’s Presidency: Hayes began his administration with the Compromise of 1877 by which military occupation of the South ended. This helped satisfy Southerners who were upset over the results of the election. Currency and whether silver should be bought and turned into coins or whether instead greenbacks should be redeemable in gold was in contention. The Bland-Allison Act passed in 1878 over Hayes veto required the government to buy silver in order to create more coins. The idea was that increased availability of money would help farmers and debtors. In 1879, the Resuption of Specie Act passed that backed greenbacks created after January 1, 1879 to be redeemable in gold. In 1880, Hayes had his Secretary of State create a pact with China which restricted Chinese immigration due to an anti-Chinese movement out west. This was a compromise because Hayes had vetoed a bill which didnt allow Chinese to immigrate at all. Post-Presidential Period: Hayes never planned to run for a second term in office and retired in 1881. He spent the rest of his life devoted to causes of importance to him such as providing scholarships to African Americans and encouraging temperance. He was also one of the trustees of Ohio State University. He died on January 17, 1893 of a heart attack. Historical Significance: President Hayes had strongly held views which he pushed forward throughout his administration. He believed in and proposed civil service reform measures. Further, he set down a policy that a canal in Central America could only be under American control as the French were attempting to create one during his administration. This would eventually lead to the development of the Panama Canal.

HIV Essay Example | Topics and Well Written Essays - 1250 words - 2

HIV - Essay Example This results in the further marginalization of these groups as a result of the stigma that is associated with people who are affected by this disease. They are thus, doubly oppressed as they have to face oppression as a result of their class and their medical condition. In some cases, the situation is complicated by issues of ethnicity. This paper shall look at such details as they are found in Unity Dow’s novel Far and Beyond and Beauty’s Gift by Sindiwe Magona. The paper shall look at how the issues of race and class influence and inform the analyses that these two writers make of the problem of HIV/AIDS. The sensitivity with which the issues of how the two problems interact, is handled, shall be looked at in the paper. The paper shall also look at the complex nature of this interaction. Unity Dow’s novel, Far and Beyond, looks at the condition of women in Botswana. It is the condition of such women who are indoctrinated into believing that they are inferior to men that the novel analyses. This position is complicated by the fact that the women of this community often have to fight against diseases and medical conditions on their own as well. The novel delves deep into the family of Mara where she and her children are faced with the burden of dealing with social marginalization and the problems that are a part of living with AIDS. What the novelist hints at is the fact that in such a society, it is difficult to deal with issues such as medical care when the main preoccupation of the people who are victims is to fight off poverty. In such situations, one also needs to analyse the fact of whether such conditions of poverty are not engendered by a lack of opportunities that are a chronic problem in countries such as Botswana. Such conditions of underdevelopment also lead to problems within the legal and social frameworks for

Fisher & Paykel Market Audit and Competitive Analysis Essay

Fisher & Paykel Market Audit and Competitive Analysis - Essay Example It is evident from the study that Australia has experienced a high demand for white goods product and it would be feasible for Fisher & Paykel to commence business where the demand for its product is high. Fisher & Paykel a well known manufacturing company of white goods would supply two main products in Australia the washing machine and dishwasher which was lately introduced by the company. Since the demand is high the competition is stiff and thus Fisher & Paykel decided to promote is product through television pint media and by giving offers with the purchase of its products. As concerned with the pricing strategy the company would follow competitive based pricing. The company has planned a corporate and strategic plan to reinforce actions and implement it for which it has set up a long term vision 2020. Fisher & Paykel would use the Data quality Objective to measure its environmental performance and track a record of the actions that needs to be done. Along with it the company wo uld develop team membership to perform effectively. The company core interest is towards environment sustainability and thus focuses primarily on the behavioural audit of the management and tries to find out the practise that Fisher & Paykel has been performing with regards to the safety of the environment. The company would develop proactive as well as reactive strategy in terms of environment sustainability which would report to the management on quarterly basis and finally the report aims to provide recommendation to the company in terms of environment sustainability. ... ns communicated to various stakeholders 17 Identify the various stakeholders’ sentiments about the environment 18 Product 18 Packaging 19 CEO’s (or the key senior decision maker’s) attitude toward the environment 20 CEO’s (or the key senior decision maker’s) education and background 20 CEO’s (or the key senior decision maker’s) participation 21 Office (admin) efficiency 21 Analysis of the nature and types of environmental safety actions being undertaken 22 Reporting 23 Recommendations 24 Reference 26 Introduction Introduction of the company Fisher & Paykel Appliances manufactures designs and markets innovative household appliances which are developed to provide technology, user friendly, design and environmental awareness. Fisher & Paykel is one of the biggest manufacturing company producing household appliances. Its wholly owned subsidiary includes production machinery limited which builds on production equipment; Dynamic cooking syst ems Inc which is based in US which manufactures both indoor and outdoor cooking products; Fishers and Paykel Italy which manufactures European cooking products. The company manufacturing sites is located in New Zealand, Italy, Thailand and Mexico (Fisher & Paykel, n.d). History Fisher & Paykel was founded in Auckland, New Zealand in 1934 by Wool Fisher and his friend Maurice Paykel to import refrigerators, washing machines and mantle radios. In the year 1938, import and restriction on foreign exchange lead the company to consider manufacturing. A year later the company started to manufacture refrigerators and washing machines. The company expanded its business and moved to larger premises and by 1949 the company started to produce 600 washing machines, 700 vacuum cleaners and 500 refrigerators. In 1956, Fisher & Paykel

Derivative Markets Essay Example for Free

Derivative Markets Essay Last dozen of years are characterized by rash growth of volumes of national and international markets of derivative finance instruments or derivative markets. By opinion of experts, appearance and development of derivative markets is the most important event of economic life within last twenty five years. In the very name of these instruments – â€Å"derives† lays the fact that they appeared and started to develop on basis of floaters and futures almost for all types of exchange products (starting with oil and gas and ending with soy beans and orange juice), and also for exchange index, percent rates, rate of exchange, etc. Presently new types of derivates appeared: on the basis of sea freight rates (London), cost of microprocessors, permissions for environment pollution (USA), etc. To the first generation of derivates specialists relate futures and stock option plans, which are used at organized markets (exchanges) in form of standardized contracts, and also popular at non-exchange market (market OTC – over-the-counter) (William Falloon pp. 26-28) currency swaps, stock option plans and inter-bank agreements regarding forward rate agreement. From the very beginning the main functions of derivates was to provide distribution of risks among participants of business deal, connected with change of stuff price, rates of exchange, percent rates, stock rates, exchange indexes, etc. Nowadays operations with derivates are still the main way of insurance from different risks and risk management. The first signs at derivative markets became successful issue of currency futures in 1972 at Chicago Mercantile Exchange; the second issue of percentage futures followed in 1975 at Chicago Board of Trade. In the first half of 1980-s rapid growth (Remolona, Eli, M., pp. 28-43) of operations with derivates, followed with appearance of more and more new types of derivates. In 1980 appeared New York Futures Exchange; in 1982 London international Financial Futures and Options; in 1986 – MATIF Marche a terme international de France in Paris; in 1988 Swiss Options and Financial Futures Exchanges, etc. At these and other organized (exchange) markets trade is fulfilled by standard (typical) contracts, which are sold or at exchange auctions (MATIF in France), or with help of automatized information systems (for example, Globex). Final calculations for all deals are made by computational (compensational) palates (George Benston and Shehzad Mian pp. 217-246) The first â€Å"legal† operation of currency swap (exchange of dollar to Swiss francs) was made in August 1981 between American company IBM and International Bank of Reconstruction and Development. Market of percentage swaps appeared in the United States by initiative of company â€Å"Sallie Mae†. The major part of swap operations was executed by leading international banks, which in the beginning were present as mediators between participants of currency swaps. In succeeding years banks became to work as active participants of derivative deals, acting at their own cost and in their own interests.   When in the first half of 1980-s derivative market was developing mainly in the United States, in the second half derivative market started to develop quickly in Europe and Japan. Volume of world market of swap operations increased from 200 milliard dollars in 1985 to 2900 milliard dollars in 1990. Such quick growth was stipulated with legal standardization of contracts, development of information systems and means of communications. According to data of questionnaire which was executed by International Swaps and Derivatives Associations, volume of world derivative market for the beginning of 1993 was 5.4 trillion dollars, including percentage swaps – 3.9 trillion dollars, currency swaps – 860 milliard dollars, cap and floor operations – 577 milliard dollars. By approximate estimation of magazine Swap Monitor, volume of derivative markets was much higher – 7 trillion dollars (at the same date of 1993). In the United States only 6 banks control 90% of derivative markets. In France 80 banks act at the market of currency contracts; at option market – 24 banks. Volume of operations with derivates at exchange and non-exchange markets, which make French credit institutions and which are shown at their balance, in 2.2 times exceeds amount of their balances. By information of International Calculations Bank, already in 1991 volume of OTC market was 4500 milliard dollars. From that time its volume significantly increased. Quick growth of derivative market volume in the beginning of 1990-s is connected with increasing of instability and uncertainty at world financial markets, also influenced by such events as was at Persian Gulf, collapse of USSR, crisis of European system of currency, etc. besides, progress in the field of informational technology, which allowed to process big volumes of information almost immediately and great funds, involved in financial turnover, give grounds to speak about existence of real industry of derivates. As we already spoke about, quick growth of derivative market was accompanied by appearance of new and new their types and kinds; this process developed and continues to develop in legal and non-official market. Financial instruments, which represent different combinations of derivates of the first generation, quickly were added to the first derivate generation (for example, combination of percentage options â€Å"cap/floor†, swaptions – combination of swap and option. In the beginning of 1990-s appeared such exotic instruments as swaps for non-typical indexes, annulated swaps, options for options, etc. One of novelties for Parisian exchange was issue of bons doption, which gives right to the buyer for purchase of actions or debentures by fixed price. During the last four years number of diversities of such warranties increased from 15 to 500, they are in easy access to any investor, even those who doesn’t have big amount of money. Appearance of new types and kinds of derivates is stipulated not only by increasing demands of clients in more perfect means of insurance from risks (Ludger Hentschel and Clifford Smith Jr., pp. 101-126), but also by constant perfection of informational technology and equipment, mechanisms of price formation and models of risk management. At the same time legal standards of regulating operations with derivates were developed and perfected; new forms of standard contracts appeared. Operations with derivates started to be used more frequently not only for insurance from risks and risk management, but for aims of speculation, i.e. receiving profit from them. By opinion of experts, nowadays the following subjects take place at the derivative markets: Industrial companies, which can use operations with derivates to reach such aims as: Decreasing of indebtedness burden at the expense of getting necessary financial means by possible cheap price; Increasing of flexibility in management of financial holdings, not limited by usage of debentures or short-term commercial documents; Perfection of management cash balance and regulation of financial flow, connected with cash inflow and cash spending; Fast receiving of necessary funds by relatively low prices in case unexpected needs in financing take place; Perfection and dynamics of process management by liquid assets of enterprise. Although enterprises, which use all enumerated possibilities of operations with derivates, are quite rare, from now on these operations cannot be ignored by those enterprises, who intend to lead dynamic strategy of management by thief financial resources. Different investment funds, which control investment portfolio, use operations with derivates as flexible means of funds management. Special companies or funds (so-called stockjobbers), which make derivative operations to receive profit, because those operations allow even with small expenses to get big profit, indeed, in condition of favorable circumstances for such stockjobber. In such a way American fund Quantum Fund, which belongs to famous financier George Sores, and which is specialized on currency deals, including derivates as well, since 1969 every year increased its income for 35%; today it exceeds 4 milliard dollars. Totally in the United States there are more than 3 thousand of such funds, which manage approximately by 25 milliard dollars, which are used only for speculative operations. There are 23 similar funds, which are legally registered in France. Individual stockbrokers, which make operations with derivates at their own expense. Activity of those subjects, which in the USA are called â€Å"local† and in France â€Å"negociateurs independants de parquet†, assists in increasing of liquidity financial market. Special companies-organizers of the market, including compensational palates, which control execution of contracts and execute calculations, receiving definite commissions. In such a way in France company MATIF received for each operation of purchase or sale of pressing contract 6.25 francs, what allowed to increase own funds to 800 million francs. In 1993 MATIF worked up 72 million of contracts, whereas at Chicago Mercantile Exchange were sold 179 million of contracts. Banks, working in legal and non-official market, receive the biggest income from derivative operations. Supervision instances controlling bank activities (for example, there is Bank Commission in France) are anxious because of uncontrolled growth of bank derivative operations. Operations with different kinds of options, especially related to such indexes, which change quickly, as shares indexes, prices for non-ferrous metals, raw materials, etc. give the biggest concern. Supervision instances don’t limit usage of derivative operations in order to insure credit and market risks (Sanjiv Ranjan Das pp. 7-23), but at the same time they establish rule of paying capacity, in accordance with which amount of own derivate funds of certain credit enterprise should cover credit (risk of unredeemed credit) and market risks. Other aspects of regulation non-organized markets are not developed enough. In all leading Western countries development of those measures is behind the tempo of growth of OTC market capacity, where calculation (compensational) palates are absent and business deals have long-term character. For organized derivative markets the main problems still are guaranteeing security and control. Compensational palates watch timeliness of final calculations and amount of deposits of their members, which operate at derivative market. These deposits guarantee that they will fulfill their obligations: in case amount of deposit is lower than definite level, it should be filled up immediately. In such a way, at MATIF’s accounts are 20 milliard francs, paid-in by its members as guarantee of calculations. Financiers work to standardize contracts for derivative deals in the international level. In such a way, created in 1985 International Swap and Derivatives Association worked out frame contract for derivative operations, consisting of two parts: in the first part there are obligatory common statements (ways of calculations and their regulation, declarations of the parties, procedures of canceling the contract, etc), and in the second part there are statements, which can be changed by wish of the parties. In June 1993 report of 30 leading specialists for financial operations was published, where they formulated recommendations to banks and other enterprises, which lead operations with derivates or are their final users. By opinion of experts, these enterprises should give acces to that market only for professionals. Many experts point at explosive character of derivative market, because there can appear chain reaction of bankruptcy (domino effect). Non-exchange market is more dangerous in this respect, where the business deals are often concluded â€Å"for the word of honor†. Unexpected collapse of one of the banks can cause chain reaction of bankruptcies of other banks. By words of A. Taylor, president of Royal Bank of Canada, derivates represent bomb of delayed-action, which, once exploded, can completely ruin world financial system. Although derivative deals have a lot of risk and can provoke the crisis, you cannot live without them in the modern financial markets, because they assist in increasing of liquidity and effectiveness of financial markets, decreasing of cost for market transactions (deals). As was written in French magazine â€Å"Expansion†, future experts, probably, will examine derivates as financial novelty, which saved world economical growth from paralysis. Works Cited: George Benston and Shehzad Mian, 1995 Financial Reporting of Derivatives: An Analysis of the Issues, Evaluation of Proposals, and a Suggested Solution, Journal of Financial Engineering, September, pp. 217-246. Sanjiv Ranjan Das, 1995 Credit Risk Derivatives, Journal of Derivatives, Spring, pp. 7-23. William Falloon, 1992 How Appetites are Growing for OTC Equity Derivatives, Futures Magazine, January, pp. 26-28. Ludger Hentschel and Clifford Smith Jr., 1995 Controlling Risks in Derivatives Markets, Journal of Financial Engineering, June, pp. 101-126 Remolona, Eli, M., 1992-3 The Recent Growth of Financial Derivative Markets, Federal Reserve Bank of New York Quarterly Review, Winter, pp. 28-43.

Video Game Violence Essay -- Legal Issues, Violent Video Games

â€Å"Video Game Violence Does Not Cause Violent Tendencies† An In-Depth Look at Video Game Violence and its Positives Effects â€Å"On Tuesday, November 2, while the rest of the country was voting, the Supreme Court of the United States heard oral arguments in Schwarzenegger v. EMA, the landmark case in which the state of California is petitioning for the re-instatement of a California law banning the sale of deviant or morbid violent video games to minors† (Macris). This case is a current example of the opponents of video games trying to prove video games are a bad influence on children and teenagers. Violent video game opponents have always tried to disprove the positive effects of video games. They also have been known to make up and mislead with tales of terrible side effects. This essay will prove to the reader that many of these various statements against video games and their creators are false. Contrary to opposition arguments, video games actually present benefits to gamers by reducing stress, providing entertainment, and helping to develop motivation that could not otherwise be achieved through conventional means. This essay will attempt to prove, that statements made regarding the inappropriateness of video games are untrue. The advantage of playing video games can be proven in their ability to enhance learning, hand-eye coordination, and this in turn can enable children and teenagers to do better in school. Violent video games can help overcome anxiety by providing entertainment without leaving the house, taking everyday stresses out on the characters in the game instead of real life, takes the adolescent’s minds off worries and stress of the outside world, and encourages children to stay out of trouble. Video games c... ... methodologies and the intrusion of ideology and scientific dogma† (Ferguson 11). Violent Video Games do not cause increased violent tendencies in youth and adolescents due to the fact violent video games have been around for years and in those years violence caused by teens have actually been dropping rather than increasing. Also, violent video games have been shown through research that the negatives are highly outweighed by the positives. Also, with the introduction of interactive gaming there are a new range of possibilities for violent video games. Such as sending a message to children about healthy activities by getting them off of the couch. So hopefully in five years violent video games will have moved to full interactive gaming so that it looks more real-life, but more importantly that it will still be a form of media that helps to relive personal stress. Video Game Violence Essay -- Legal Issues, Violent Video Games â€Å"Video Game Violence Does Not Cause Violent Tendencies† An In-Depth Look at Video Game Violence and its Positives Effects â€Å"On Tuesday, November 2, while the rest of the country was voting, the Supreme Court of the United States heard oral arguments in Schwarzenegger v. EMA, the landmark case in which the state of California is petitioning for the re-instatement of a California law banning the sale of deviant or morbid violent video games to minors† (Macris). This case is a current example of the opponents of video games trying to prove video games are a bad influence on children and teenagers. Violent video game opponents have always tried to disprove the positive effects of video games. They also have been known to make up and mislead with tales of terrible side effects. This essay will prove to the reader that many of these various statements against video games and their creators are false. Contrary to opposition arguments, video games actually present benefits to gamers by reducing stress, providing entertainment, and helping to develop motivation that could not otherwise be achieved through conventional means. This essay will attempt to prove, that statements made regarding the inappropriateness of video games are untrue. The advantage of playing video games can be proven in their ability to enhance learning, hand-eye coordination, and this in turn can enable children and teenagers to do better in school. Violent video games can help overcome anxiety by providing entertainment without leaving the house, taking everyday stresses out on the characters in the game instead of real life, takes the adolescent’s minds off worries and stress of the outside world, and encourages children to stay out of trouble. Video games c... ... methodologies and the intrusion of ideology and scientific dogma† (Ferguson 11). Violent Video Games do not cause increased violent tendencies in youth and adolescents due to the fact violent video games have been around for years and in those years violence caused by teens have actually been dropping rather than increasing. Also, violent video games have been shown through research that the negatives are highly outweighed by the positives. Also, with the introduction of interactive gaming there are a new range of possibilities for violent video games. Such as sending a message to children about healthy activities by getting them off of the couch. So hopefully in five years violent video games will have moved to full interactive gaming so that it looks more real-life, but more importantly that it will still be a form of media that helps to relive personal stress.

Building Refurbishment and maintenance

A sustainable building is a building which is in its construction performs in an environmentally sound way, essentially in terms of energy and water efficiency and waste/pollution management. These key factors are the core of buildings sustainability after its maintenance. They also result in minimal environmental pollution hence no environmental risk Optimizing energy use:- With concerns for energy security increasing, it’s vital to consider the impact of greenhouse gases on world climate rising, therefore essential to find of reducing load, increase efficiency and utilize renewable energy resources.Considering the refurbished building both the restaurant and the bar. Backup power energy should be put into consideration, they include solar source, battery backup for the pool/snooker floor and both restaurant and bar. Energy usage should be shared according to the need of each floors need. Cabling of both the data and power cables should be done by professionals to avoid any f uture power problem including disaster in then building. Protect and conserve water:- In many parts of the country, fresh water is an increasingly scarce resource.A sustainable building should reduce control, or treat site-runoff, use water efficiently, and reuse or recycle water for on-site use when feasible. In the building the distribution of the water resource should also be based in each floors needs. Determining water consumption during the developing of a strategy for retaining water for re-use (commonly the water is re-used is toilet flushing, cooling towers or irrigation) (Taylor, 2006). The main bar and restaurant are a priority compared to the upper snooker and pool floor.It’s also vital to create a reservoir for the buildings water on top of the snooker/pool floor. This will enhance sustainability of then building in terms of water resource. Use of environmentally preferable products:- This sustainable building should be constructed of materials that will minimize life-cycle environmental impacts or hazard such as global warming, resource depletion, and human toxicity. The Executive order 13423 defines these environmentally preferable materials.They are products or services that have a minimal or reduced effect on human health and the environment when compared with competing products or services serving similar purpose. Thus, they contribute to improved worker safety and also health, reduced liabilities, reduced disposal costs, hence enhancing the buildings sustainability. Enhance indoor environmental quality:- The indoor environmental quality of the building has a significant impact on occupant health, comfort, and productivity.Therefore this intended sustainable building should maximize day lighting with appropriate ventilation and moisture control, no use of materials with high-Volatile Organic Compounds emissions. Additional consideration must be given to ventilation and filtration to mitigate chemical, biological, and radiological attac k in the general building. The building should also consider remedies to smokers in the bar and snooker /pool apartment and be able to ensure that no-smokers in and out of the building are not affected. This can be easily enhanced by creating a special room to cater for such customers.This room should be sealed and properly ventilated to avoid any air toxic pollution to the environment. The building should also meet requirements of environmental legislation, protect and enhance natural environment and protect human health and well being. Optimize operational and maintenance practices:- It’s also vital to incorporate operating and maintenance considerations into the refurbishing of this facility this will greatly contribute to improved working environments, higher productivity and reduced energy and resource costs.Designers should be encouraged to specify materials and systems that simplify or reduce maintenance requirements, such should require less water, energy, and toxic c hemicals and cleaners to maintain; and are cost-effective and reduce life-cycle costs hence enhancing sustainability if the building in general. In general ensuring the specification refurbished and maintained building takes account of economic, social and environmental issues and should set targets for key performance indicators, such as energy, water use and waste production minimized. .Reflective question My personal reflection of then research on adopting and maintaining a building such as this story building is varied in my view and understanding. They consecutively include:- Important issues:-It’s vital and important to consider energy, water, and environmental impacts of the building during refurbishment and maintenance. Energy enhances and ensures the buildings sustainability by providing necessary energy requirement for both the restaurant and the bar. A good measure for backup of energy also ensures the buildings sustainability.Water is a major consideration in any premise that is to be sustained for a long time. Ensuring that correct measures and precautions are taken to conserve this precious commodity will lead to the buildings sustainability. Environmental precautions from all harmful products are also a necessity to consider not only to sustain the building but also to ensure the safety of the people in the premise. Meaningful issues: – It was meaningful to establish a collaborate design model that enhances the buildings sustainability. I found out the benefits of documenting a maintenance policy becausecomprehensive maintenance policy will: facilitate compliance with relevant government policies and statutory requirements hence ensuring the buildings sustainability. Facilitate consistency in department of bar, restaurant and snooker/pool rooms, maintenance also promote effective maintenance and management practices among departmental asset and facility managers support the conduct of maintenance activities by service providers. Th e determination of condition standard ratings for building assets as per MMF policy requirement 2 is fundamental to the maintenance management process.The standards provide a clear statement of the level to which assets in the building must be maintained to meet service delivery needs. Condition standards: are the departmental maintenance strategies and plans Building Maintenance Policy, Strategy Development Maintenance Management Framework Guideline 5 element groups ( like superstructure, finishes, services) elements (like roof, external walls, floor finishes, lighting, air conditioning) sub-elements (like brick walls, distribution boards, ductwork, controls).are benchmarks against which building condition assessment results is evaluated (thus identifying the extent of any gap between desired and actual building condition) facilitate the analysis of actual condition over time (such as detection, monitoring and forward-projection of trends in building condition) hence, during the co ndition assessment process, maintenance service providers focus only on work required to bring up an asset to the specified condition (rather than unnecessarily identify work that may exceed departmental requirements).Determination of condition standards is more effective when undertaken by departmental teams involving: facility managers; asset user representative’s business managers; portfolio asset managers; and maintenance service providers. Good issues:- I also noted that assessing all possible uses of existing buildings, recycling buildings and spaces for reuse in the shortest practicable time, saves as much as possible of the existing infrastructure. Keeping records of what is there at the moment is important, prior to any demolition process.Decisive issues: – I also noted that the condition of a building refurbishing asset such as a building’s physical state of repair influences its physical and also functional performance. Its vital for a building to ass ign standard such: Condition standard rating, departmental maintenance, as before assigning a condition standard rating to a building asset, departments should carefully consider what they require of that asset (bar and Restaurant and the snooker/pool rooms). The ratings should begin with a review of department’s service delivery plan.This review determines: The criticality to service delivery, and the required function for each of the three building portfolio. (1) Assigning condition standard ratings (2) preparing a departmental maintenance strategy (3) developing a Strategic Maintenance Plan. Uncomfortable issues: – It was also worth and uncomfortable to note that finishes of building elements such as walls and coatings of certain equipment inside buildings can release toxic contaminants into air, causing air pollution especially indoors. Another problem of building use is the generation of solid waste and wastewater in this time of fewer water supplies.Conclusions T o conclude the refurbishing and maintenance of the three story building with a bar, restaurant and snooker/pool. It has been vehemently established that in refurbishing a building like this, to enhance its sustainability, one should consider the three main factors that include energy, water and environmental concerns of both the inhabitants and the neighbours, but also not neglecting other factors that lead to its sustainability that have been discussed above. Re-evaluation of the energy and water performance of each building that has been completed has to be implemented (Adelaide City Council, 2007).Therefore considering all this one will be able to refurbish, maintain and sustain a building. Sources Managing Your Environmental Responsibilities. ( 2005). A Planning Guide for Construction Development by U. S. Environmental Protection Agency Taylor, B. (2006. June), The ten key principles of green fire, White Paper, Melbourne: Adelaide City Council (2007), Environment projects, Acces sed from http://www. adelaidecitycouncil. com/scripts/nc. dll? ADCC:STANDARD::pc=PC_175 The State University of New York (2004). UB High Performance Building Guidelines by the University at Buffalo, the State University of New York

127 Hours Film Review Essay

His pain, his desire to be free and his desperation was shared with the viewers in such a way that it’s somehow disturbing. His delusions were able to reach the minds of those who watched the movie, particularly myself. In the technical aspect, it used natsot or the natural sound in most of the scenes. James Franco played Aron, an engineer who likes or rather whose hobby is to climb and hike on mountains. He is the protagonist and at the same time, the victim in the film. The antagonist here is the situation itself. It is the reason why he is in such troublesome circumstance which won’t allow him to be free. If not for his determination to live, he would not make it out alive though the process is excruciating and gruesome at some point. What strikes me the most in this film is that the director managed to make the film worth watching in 1 and a half hour with only one setting or location and focusing on one character only. Not many films can pull something like this. In regards to the content, it showed that in order to survive, you have to sacrifice something and do unimaginable things. This surprised me because it was not normal and people don’t do those kind of things. With James Franco’s acting, it made the movie a sure hit and suitable to be awarded in Oscars which it really did. The content fulfilled the expectations of the eyes, mind and soul of the movie goers. If I were the film maker, the ending would have been a sad one since I’m a fan of tragic endings. But if I do that, it will disappoint the viewers so I would make it a little less tragic. The end would be that Aron, after decapitating his arm, would not find any source of water which will make him more tired and more desperate in search of water. His long walks will continue until he finds himself in the middle of nowhere. Slowly, his body begins to collapse. He can no longer see straight due to the loss of blood. He then looks at the sky, the sun raised high, camera focused on his face. Until then, he will encounter other hikers whom will help him. At that time, he will close his eyes slowly, leaving the audience thinking whether he survived that day. Before credits roll, his picture with his family after the incident will be shown, revealing that he did survived.

Current Situation Of Gsp Belgrade Company Tourism Essays

Current Situation Of Gsp Belgrade Company Tourism Essays Current Situation Of Gsp Belgrade Company Tourism Paper Current Situation Of Gsp Belgrade Company Tourism Paper A ABSTRACT In this essay my ends were to show the current state of affairs of GSP Belgrade Company which operates in concern field of public transit and service. My program was to foremost show the state of affairs in which the GSP Belgrade Company and their organisational construction and civilization. As good, the selling of GSP Belgrade is presented in its different types. Using PEST analysis every bit good as SWOT analysis I wanted to show the possible actions that GSP Belgrade may prosecute. Introduction GSP BelgradeA is aA public transitA company for the metropolis ofA Belgrade. The acronym GSP stands forA Gradsko saobraA†¡ajno preduzeA†¡e ( English: A City Transport Company ) .A The company was funded in 1892 when the first Equus caballus ropeway line began runing in Belgrade centre. Nowadays, GSP Beograd operates in whole metropolis and it s environing. There are 145 lines, out of which 12 are tram, 8 are trolleybus and 125 are bus lines. Service operates daily between 4am and midnight, with a limited dark coach system. It is estimated that over 1,000 vehicles are in operation on workdays.GSP has about 7,000 employees. Organization of concern ( Leadership and direction ) Since GSP Belgrade is a controlled by authorities and it s meant for public usage, the organisation of concern is established and managed by a group of MPs ( Members of Parliament ) who where specifically assigned to pull off and run the GSP Belgrade company. The GSP Belgrade is organized inA A criterion concern model.A The caput of the company is itsA CEOA who overlooks hisA managersandA executivesA whose occupation is to command theA staff, the drivers and the coach fix service staff. The GSP has one chief hard currency income and that is the every twenty-four hours sale of conveyance tickets.The GSP Belgrade company is really reliable on their lone stockholder, the proprietor the authorities, A A because of its political and economical state of affairs and possibility of alterations of authorities budget which would enable the GSP Belgrade to run as usual in sense of covering their employees wages, the cost ( the disbursals ) of every twenty-four hours fuel ingestion and the monetary value of conveyance vehicle mechanic fixs. All of that disbursals can be covered by authorities money and in bend of that the GSP will refund that money in installments to a authorities. ( The highest income, the most of the whole income for the GSP Belgrade is in first hebdomad of every month when citizens top up their metropolis conveyance tickets because they expire at the terminal of every month. ) MAIN BODY A Aims The primary aim of the GSP Belgrade is to guarantee that all citizens with a valid passport tickets can safely utilize the populace conveyance which is available to them every twenty-four hours during the on the job hours of Belgrade s public transport.A A Availability means that every line has a conveyance vehicle ( a coach, a ropeway or a trolley coach ) A that operates in specific clip and it is really of import that none of those vehicles is late. The safety of public conveyance travellers is one of the most of import undertakings for GSP Belgrade company. OrganizationalA planningA andA decisionA devising The end of GSP company is to increase the figure of clients of public conveyance to its maximal degree. Approaching to this program, the company will hold to look at their current situation.A A professional service expected from them: Time truth of vehicles runing on its lines, professional experienced drivers, hygienic cleanliness in public conveyance vehicles every bit good as maximal safety for riders inside of public conveyance vehicle. TheA A direction teamA A will be tasked to show GSP as a modern, hygienic, accurate and safe public transit. It is needfully for direction squad to take on selling actions that would near citizens to the vision of modern urban conveyance Human resource planning The GSP Belgrade has about around 7 000 employees and that figure seems to be all right consequently to the figure of workers requested to be active during day-to-day public conveyance service. The chief undertaking for the GSP Belgrade HR section is to see for occupation merely extremely experient drivers in sense of procuring the riders that use and travel with public conveyance vehicles. The HR has figure of trials that any possible occupation applicant needs to successfully go through. The standard process is to guarantee that the hereafter driver is physically able to work / thrust and besides to be mentally stable and confident worker.A A A Motivation MotivationA is literally the desire to make things.A A It is a psychological characteristic that arouses you to move towards a coveted ends that you set. Motivating your employees is one of the best ways to do them make a all right occupation and give their best at it. There are twosome of ways of how to actuate your employees In GSP company most of the material is working for more than 10 hours per twenty-four hours and the monthly wage they get for it is in the mean rate for the state that they live in. The fact is that 10 hours per twenty-four hours displacements do nt do does workers happy. They are sometimes really tired and it is rare to see a motivated employee who is experiencing rested and happy with his work. It is one of the jobs that HR has to confront with. The inquiry is how can GSP company actuate their staff? A There are some ways in which the staff might be motivated to make work. They can be fiscal and non-financial wagess that can actuate employees. In both instances it is considered that the workers will put more attempt in what they do and that they will hold better public presentation at their workplace. Measuring the impact of fiscal wages bundles on occupation satisfaction, motive and productiveness In instance of that direction squad decides to give a spring a fiscal wages and to thank to those who have gave themselves in their occupation, the fillip money will be given to them as the grasp for their difficult work and attempt that they have invested. That would every bit good be noticed by other workers who might wish the same thing to go on to them so they will go more active while their displacement is on so it might look that everybody in the company will make hard and demo great attempt in order to be rewarded. Measuring the impact of non-financial wages bundles on occupation satisfaction, motive and productiveness In instance of that direction squad decides to give a give a non-financial wages and to thank to those who have gave themselves in their occupation besides makes sense as the fiscal wages does consequence the motive of employees. A twenty-four hours off would look as a really nice wages for the given attempt cognizing that the GSP is a public conveyance company and their staff does nt hold many yearss off during whole twelvemonth so enjoyingA at place for one twenty-four hours might look as worth of the invested attempt Giving wagess to workers who show more attempt than others will promote other workers to demo their best and to be more active as good in order to acquire excess money or a twenty-four hours off, free from their work. Motivated workers are the best thing that a company can hold in its field of internal dealingss. Herzberg Herzberg developed a two-factor theory of motive based on motivational demands and hygiene demands. His hygiene demands are presented as the things which are necessary for worker to acquire started but they are non something that leads the worker to win: work conditions, wage, position, security, internal relationships with co-workers, personal life. The incentives are presented as the more of import thing and that is the work itself and the duty of the worker. Corporate civilization The term of corporate civilization refers to the experiences, beliefs, attitudes and values of organisation. It can show the manner that a persons of the company dresses and in sense of that, they might reflect the civilization of the organisation of the company. The GSP Belgrade does hold a uniform for it s workers who are working as drivers of public transit vehicles but it does nt look that it is out to come at your workplace and merely drive a vehicle without a uniform that company has for its employees. That image shows a missing of professionalism that reflects in sense of less regard for the GSP Belgrade as a well organized company. On the other manus, the organisational construction is really easy to understand. The workers, most of them working as a drivers, have merely one duty and that is to ever be on clip and to drive safely. Their uniform or the insouciant apparels that they wear does nt look to be a job. Serbia was socialist state and the old civilization still prevails. Peoples used to hold secured occupations and were really relaxed. Now the passage period that came after the new political party which changed the socialist government required new values. The GSP Belgrade Company had troubles in implementing new values and people still experience safe with their occupations and such thing is maintaining the GSP Belgrade Company from non turning in bigger and better concern manner. A Beginnings of finance Since that GSP Belgrade company belongs to the Republic of Serbia, the chief beginning of finance is from the authorities s budget. When GSP is considered, it is clear that such company will ever hold a particular intervention because it transports about one and a half million people on day-to-day footing, and the metropolis of Belgrade has about 2 million citizens. The primary beginning of finance is the authorities which is invariably puting in GSP company and in its program to overhaul by purchasing new conveyance vehicles which besides presentsA a GSP as a modern company with good machinery and engineering in their vehicles. The authorities gives a involvement free loan to GSPA so they can able to work usually in day-to-day conveyance service that they offer to citizens.A A A A Selling The selling standing of GSP company is on satisfactory degree. Since that the GSP is the figure one trade name from those in concern field of public transit it is non unusual that their direction squad is largely working on selling / leasing the infinite destined for commercial at the interior of theirA public conveyance vehicles. By and large they offer a possibility to tape their vehicle with a commercial posting. Paying a rent for such an advertizement, A most of the companies are in that manner straight presented to the populace, the citizens who use the public conveyance every bit good as those who do nt because the coachs and ropewaies are traveling all around the metropolis and their advertisement postings are available to everyone to see.A A The company is publicizing threw Television adverts on Serbian National Television. It is a channel followed by most of the people populating in the state. The GSP Belgrade has made to go a known and recognized company for its advertizements on most watched Television channel and it seemed as a really good move of GSP Belgrade s selling squad. The GSP Belgrade besides has another manner of advertisement and act uponing immature people to utilize public transit. They send coachs to drive childs do schools and their operations in such selling program have its cost. But the monetary value for such influence on immature people is payed back cognizing that since GSP Belgrade company s selling squad has come to thought of such publicizing the figure of childs that are utilizing the public transit of GSP Belgrade has been extremely increasing since company s coachs started to drive kids in schools for free. Environmental analysis In order to cognize and acquire the current image of company and its concern it should be analyzed and presented by SWOT and PEST analysis. A SWOT analysis: A Strengths: A -A A A A A A A The GSP company is the taking one in its concern. It is the biggest and most widely dispersed type of public transit. Their workers are professionals and that one of their most of import facts in concern. The rivals see the GSP as the taking company in their concern type so they will hold to carefully analyse the program of how to vie with them Failing: -A A A A A A A A quite figure of GSP conveyance vehicles are older than 10 old ages, some of them even more than 15. The inquiry of security and safety should non be necessary A to set up in well-organized company but it seems that GSP still does nt hold an reply for this. Generally their vehicles are all right but they ca nt make the mean safety degree that would be considered as satisfactory. Bettering their vehicles safety is one of the aims. Another thing that the company has to be cognizant is what do their clients demand and expect.A Mostly they are satisfied with company s work but they do mind the hygiene in the vehicles. As every twenty-four hours they are driven around the metropolis for about 18 hour it is obvious that person has to clean it after every displacement. But it does nt go on every twenty-four hours and it may happen to clients to happen sometimes something on the floor of the conveyance vehicle. In general, they mind it. A Opportunity: -A A A A A A A A The chance for public conveyance of GSP to increase its concern by offering better monetary values to the users of its conveyance seems as a good thought in sense of wholly taking over the market from little private coach line drives. Their rivals are still non on the degree that they should be considered as existent menace but GSP should still seek to acquire every bit much clients as they can in order to wholly rule the concern. Menaces: -A A A A A A A As mentioned the private coach companies, they do show a menace for GSP s concern. Their program is to pull clients by offering better monetary value for transport tickets or the better possibility of travel for the same monetary value as GSP charges tickets. The chief menace of rivals is that they might make a joint venture. Another menace is the authorities itself. It is good known that the old authorities had lacked of aid to GSP Belgrade, whose proprietor it was. The GSP Belgrade has been in place to about declare a bankruptcy but during all of the difficult old ages that the company was working hard seeking non to ruin the staff did nt left the company even though that their wages were nt merely reduced but every bit good they did nt acquire any for several months. Besides that, the staff did nt left the GSP Belgrade because they were retrieving and esteeming the old times when all of them had a safe occupation, a satisfying wage and a payed holiday. PEST analysis: Political: The political state of affairs in Serbia is stable and the authorities is the proprietor of GSP Belgrade Company. However the state passed through period of passage and each authorities had its ain thought of how to pull off GSP Belgrade Company. The new authorities is particularly traveling in for doing a GSP Belgrade to be a one modern and good organized company. Their investings in GSP Belgrade guarantee everyone that the authorities is acute on increasing the satisfaction of their citizens by offering them a modern twenty-first century conveyance vehicles in which their safety will be placed on highest degree every bit good as with hygiene. Economic: -The company is really reliable of gasoline monetary values and the authorities itself needs to guarantee that the monetary values of gasoline wo nt drastically alter. -The consumers are willing to pay merely the lowest monetary value for the transport tickets. Since that, the GSP Belgrade could confront a loss of clients if they decide to increase their monetary values. Sociable: Turning population and Numberss of visitors/tourists/immigrants imply increasing demand for conveyance services possible positive impact on the public conveyance industry since the Belgrade as a metropolis is going more interesting to tourers. Technological: Buying new modern vehicles the GSP Belgrade follows modern tendencies of holding new vehicles with new engineerings. Besides, put ining picture surveillance will guarantee riders every bit good as staff ( drivers ) for their safety while they travel in public conveyance vehicle. CONCLUSIONS AND RECOMMENDATIONS In this essay I have concluded that the GSP Belgrade Company has a high figure of users. The fact is that although there are many users the GSP Belgrade has to alter their organisational construction. Their safety steps and hygienic are nt considered as all right and that is what their clients largely agree with. The selling of the GSP Belgrade is making really good since the GSP Belgrade is presented as the most celebrated trade name in its state in concern field of public conveyance service. Their staff is extremely experient and in general, the GSP Belgrade Company seems as a all right working company with merely one thing needed to alter, that s their corporate civilization that effects their trade name name. A A

Cynodictis - Facts and Figures

Cynodictis - Facts and Figures Name: Cynodictis (Greek for in-between dog); pronounced SIGH-no-DIK-tiss Habitat: Plains of North America Historical Epoch: Late Eocene-Early Oligocene (37-28 million years ago) Size and Weight: About two feet long and 5-10 pounds Diet: Meat Distinguishing Characteristics: Long, narrow muzzle; low-slung body    About Cynodictis As has happened with so many other once-obscure prehistoric animals, Cynodictis owes its current popularity to its cameo appearances on the BBC series Walking with Beasts: in one episode, this early carnivore was shown chasing away a juvenile Indricotherium, and in another, it was a quick snack for a passing Ambulocetus (not a very convincing scenario, since this walking whale wasnt much bigger than its presumed prey!) Until recently, it was widely believed that Cynodictis was the first true canid, and thus lay at the root of 30 million years of dog evolution. Today, though, its relationship to modern dogs is more dubious: Cynodictis seems to have been a close relative of Amphicyon (better known as the Bear Dog), a type of carnivore that succeeded the giant creodonts of the Eocene epoch. Whatever its ultimate classification, Cynodictis certainly behaved like a proto-dog, chasing down small, furry prey on the boundless plains of North America (and possibly digging them out of shallow burrows as well).

Corporate strategy assigment Essay Example | Topics and Well Written Essays - 1750 words

Corporate strategy assigment - Essay Example The company has employed more than ten thousand professionals in 27 countries globally. The company enjoys considered client base that include insurance companies, corporations, sovereign wealth funds, banks, pension companies and endowment foundations. The company offered integrated services to its clients including enterprise management, strategic advisory services and risk management services. The company has more than US $ 3.67 trillion in fixed income securities, real estates, equity funds and alternative investments (Grind 40). Business model development Black Rock Inc has implemented an excellent business model. The company recognizes the changing business environment requires innovative products. The company has a global scale approach to its operations and enables clients have a local reach to its services. The company is also client-focused since it provides integrated services to its client portfolio. The business model is aimed at facilitating efficiency, enhancing teamwo rk across the globe and offering tailor-made products that meet the client needs. Organisational culture One of the core assets of the organisation is an organisational culture that is aimed at meeting client needs. ... The company adds value to client solutions by the constant evolution of new product offerings. Through offshore funds, unit trusts and managed accounts, the company has been able to meet the unique needs of each client in the world. Human resources The company has invested in highly qualified risk management analysts and other key staff. For instance, the company has recently recruited experienced staff from some of the major competitors. The risk and quantitative analysis teams utilize a global and integrated approach in analysis of the market risks while also maintaining a regional orientation. The human resources are able to use the best practices in investments and risk management activities. Distribution and logistics The company has office locations in about 27 countries. The company has also enhanced the global reach through offering investment opportunities through the internet. The company has established partnerships with other financial intermediaries in order to increase the client base. Porter’s Five Forces Supplier power Maintaining of a good relationship with current clients is very important for Black Rock Inc. Current clients usually refer new clients due to their satisfaction with services that they receive from an organization. The company recognizes this and has invested on building long term relationships with their clients. One of the critical assets of the company is a good reputation that is maintained by the investor relations segment of the business (Schermerhorn 2010). Black rock Inc has been able to gain a high ranking among potential employees through its performance in the industry. Therefore, the company gets a highly qualified pool of applicants to choose from when hiring employees. The employees are