Code of Ethics and Safety in Engineering

Code of Ethics and Safety in Engineering Theoretical With a protected item, we have no concerns of utilizing it on the grounds that there is no hazard that going to happen. However, we should realize that nothing in this world is great. Any mishap can happen to any of us out there. Specialist consistently include themselves with plan and formation of new things which interest for a decent quality and more secure item. Safe Design must follow the relevant law, requires information and ability, must endeavor to predict expected abuses of the item, must satisfy guideline of acknowledged building practice and should check each last structure. After the procedure that being trailed by the specialist themselves, so it is dependent upon the client to utilize it in the correct manner. This task is relied upon to offer attention to the designing ethic course understudy on the term hazard, security and mishap in reality. Presentation What would we be able to state about Engineering Code of Ethics in this subject? To be straightforward, it is identified with the designers to deliver items that are ok for the general public. It is likewise significant that they are the principle job in forestalling mishaps of their creation. We should realize that nothing can be 100% sheltered and great, yet at the same time builds are required to make items as protected as sensibly possible.[1] Right off the bat, we should realize that wellbeing is about opportunity from the event or danger of injury, peril or misfortune. In this way, engineers need to follow the procedure or planning his item so as to make it sheltered as could be expected under the circumstances. Safe structure is a procedure of peril recognizable proof chiefly at the structure stage or controlling danger as right on time as conceivable to wellbeing and security in the arranging and plan of items, frameworks or procedure. Through hazard appraisal, plan alternative will be created to take out Occupational Health Safety (OHS) perils or to limit OHS dangers of injury to the individuals who make the item and to the individuals who utilized it.[3] In light of cultural requests for more secure items and work environments, governments, organizations, specialists and other people who are engaged with advancement are necessitating that wellbeing be a key rule in plan. Configuration is a central building movement. Designer consistently include in structure, advancement and making of new or improved items, procedure, frameworks and administrations. Subsequently, quality and security in configuration ought to be principal in designing concerns, not exclusively to guarantee that the code of building ethic is to be polished yet additionally to keep up a decent notoriety in building calling for better sense to create items, forms and systems.[3] Safe plan assumes a major job in structure objective, including practicability, cost and the usefulness of the planned item. Safe plan is the procedure of effectively accomplishing a parity of these goals. To guarantee an absolute wellbeing in a structure, safe plan needs a comprehension of the each phase in the life of a planned item, beginning with the underlying origination to the end life of the item. Helpless plan can bring about low profitability, higher support, higher business and laborers remuneration costs and decreased resource life. These monetary expenses are notwithstanding human expenses of injury, sickness, malady and disability.[3] As we as a whole realize that mishaps can generally happen in whenever. It is typically occurred on the client itself in spite of the fact that the item that being utilized is as of now being plan in term of security and the use as well. It is case to case premise circumstance. It relies upon whom to be fault. It might appear that engineers at some point bear no duty regarding any mishap that occurred. In any case, engineer must comprehend that the framework or items that he is taking a shot at and to endeavor to be innovative in deciding how things can be intended to turn away the same number of slip-ups by individuals utilizing the innovation as possible.[1] As we structure something, we should likewise think about the manual and technique for the utilization of the gadget or innovation of the plan. It is for the client itself. Architects need to adhere to the plan rules and in actuality they need to pay the hazard by structuring something with the goal that any mishap can be deflected. By producing the proprietors manual, perhaps the client can utilize the gadget or the innovation in the correct manner and it likewise can decrease the odds of getting any mishap that can prompt demise or injury. So builds are destined to help the individuals on the planet by developing the development innovation and planning it with the possibility of security as well. SAFE DESIGN CRITERIAS 1) Safe Design must consent to the appropriate law All the plan must fulfill their determinations and guidelines to guarantee a decent and safe structure. Government wellbeing laws are diverse for every divisions or ventures. For instance, International Maritime Organization (IMO) has a significant part to play for receiving enactment for ships. IMOs security enactment manages the boat and traveler while The SOLAS (Safety of Life at Sea) do worry with traveler wellbeing and with lifesaving gear on traveler ships. While for electrical field, The National Electrical Safety Code (NESC) is a lot of rules to shield individuals during the establishment, activity, and upkeep of electric electrical cables. The NESC contains the fundamental arrangements thought about important for the security of representatives and the general population. Despite the fact that it isn't planned as a structure detail, its arrangements set up least plan prerequisites. PPL Electric Utilities Corp. (PPL) has created structure particulars and security rules which meet or outperform all necessities indicated by the NESC.[3] 2) Safe Design requires information and capacity For this situation, engineers need to have and have the option to show required information about the structure that the person in question is going to construct. They should know about the working environment perils and any unsafe impact since a portion of the structure or venture includes the counteraction that may can possibly discharge dangerous material or vitality. Such occurrences will influence the earth, for example, harmful impacts, fire or blast and will head to different outcomes, for example, genuine wounds, property harm and misfortune creation. These are the premise prospects that specialists must concern and actualize approaches to maintain a strategic distance from any threat causes.[4] 3) Safe Design must endeavor to predict possible abuses of the item Architects are expertly answerable for guaranteeing that their items or framework are sheltered enough before they are built up. They are lawfully bounceed through law and guidelines to guarantee that their plans are protected from idea through removal. To guarantee a sheltered structure, engineers must predict the potential outcomes about the abuses of the items and actualize approaches to limit the alerts of item abuses by the clients. By receiving a sheltered plan approach, it is conceivable to configuration out wellbeing and security risks to make a structure alternatives that meet the two customers need and our commitments as an engineer.[2] 4) Safe Design must fulfill guideline of acknowledged building practice. Acknowledged designing practice is a wellbeing issues that include principal thoughts regarding how we see the world and what we accept is significant and right. A planner has an obligation to guarantee that their originations don't put the others on chance. They cant simply make the plan by essentially overlook inconsequential hazard even it devours loads of cost. For instance, it may be less significant for a little house to introduce lightning security yet it is an unquestionable requirement for such an enormous processing plants or tower to do as such and to satisfy the guideline of specification.[3] 5) Safe Design must check each last structure For good architects, they should consistently discover options about how to improve their present items to improve security impact other than actualizing better approaches for structure. In any case, in the wake of structuring, the items and completed gadgets must be tried thoroughly to see whether the items are sheltered and meet the particulars required. For new alumni engineers, they would be relied upon to work under the oversight and direction of increasingly experienced architects, while they gain encounters. This is significant as new designer will endeavor to commit more errors as they have absence of experiences.[2] Structuring FOR SAFETY Security is commonly deciphered as suggesting a genuine and critical effect on danger of death, injury or harm to property. Because of saw dangers numerous mediations might be proposed with building reactions and guideline being two of the most widely recognized. Best to be as careful as possible by Bruce Erion, President of the National Broadcast Pilots Assn, a straightforward however vital for originators to endure with. One rendition of the procedure for security configuration, taken from the finding of Wilcox will be completely explained. A portion of the means are including characterizing the issue and produce just as examining a few arrangements before executing the plan Thought of security ought to be a basic piece of the structure procedure at the different stages. Architects ought to survey the structure as it advances and if any critical peril is recognized the plan ought to be adjusted to dispense with the danger where sensibly practicable, or in any case to diminish the hazard where sensibly practicable [4]. As the plan advances from idea to detail, thought of wellbeing issues moves from general perspectives to explicit angles. The most significant commitment that a creator can presumably make is at the idea and early structure improvement phases of a task when venture wide and framework risks are being thought of. Another significant thing that a specialist needs to consider is to limit the inborn threat in the process as could as could be expected under the circumstances. It is acceptable on the off chance that we can barred any likely risk in our plan rather that to adapt to or in any case stayed away from Hence, risky substances or responses are supplanted by less hazardous ones, and this is wanted to utilizing the perilous substances in an embodied process[3]. Trevor Kletz said that to wipe out the risk totally or decrease its greatness adequately to dispense with the need fo

Grover Cleveland, 22nd and 24th U.S. President

Grover Cleveland, 22nd and 24th U.S. President Grover Cleveland (March 18, 1837â€June 24, 1908) was a New York attorney who proceeded to become legislative leader of New York and afterward leader of the United States. He remains the main American president to serve two non-sequential terms in office (1885â€1889 and 1893â€1897). A Democrat, Cleveland upheld monetary conservatism and battled against the cronyism and debasement of his time. Quick Facts: Grover Cleveland Known For: 22nd and 24th leader of the United StatesAlso Known As: Stephen Grover ClevelandBorn: March 18, 1837 in Caldwell, New JerseyParents: Richard Falley Cleveland, Ann NealDied: June 24, 1908â in Princeton, New JerseyEducation: Fayetteville Academy and the Clinton Liberal AcademyAwards and Honors: Namesake for various parks, streets, schools; resemblance on a U.S. postage stampSpouse: Frances FolsomChildren: Ruth, Esther, Marion, Richard, Francis Grover, Oscar (illegitimate)Notable Quote: â€Å"A cause worth battling for merits battling for to the end.† Early Life Cleveland was conceived on March 18, 1837, in Caldwell, New Jersey. He was one ofâ nine posterity of Ann Neal and Richard Falley Cleveland, a Presbyterian serve who passed on when Grover was 16. He began going to class at 11 years old, however when his dad kicked the bucket in 1853, Cleveland left school to work and bolster his family. He moved to Buffalo, New York in 1855 to live and work with his uncle. He additionally examined law there all alone. Regardless of the way that he never went to school, Cleveland was admitted to the bar in 1859 at age 22. Profession Before the Presidency Cleveland went into law practice and turned into a functioning individual from the Democratic Party in New York. He was the sheriff of Erie County, New York from 1871â€1873 and increased a notoriety for battling against debasement. His political profession at that point drove him to turn into the civic chairman of Buffalo in 1882. In this job, he uncovered unite, brought down the expenses of transportation, and vetoed pork barrel designations of assets. His notoriety for being a urban reformer spoke to the Democratic Party, which tapped him to become legislative leader of New York from 1883â€1885. Marriage and Children On June 2, 1886, Cleveland wedded Frances Folsom at the White House during his first presidential term. He was 49 and she was 21. Together they had three little girls and two sons. His little girl Esther was the lone offspring of a president conceived in the White House. Cleveland was affirmed to have had a kid by a pre-marriage undertaking with Maria Halpin. He was uncertain of the childs paternity however acknowledged duty. Appointment of 1884 In 1884, Cleveland was designated by the Democrats to run for president. Thomas Hendricks was picked as his running mate. Their rival was James Blaine. The crusade was one to a great extent of individual assaults instead of meaningful issues. Cleveland barely won the political race with 49% of the well known vote while increasing 219 of the conceivable 401 appointive votes. First Term: March 4, 1885â€March 3, 1889 During his first organization, Cleveland supported a few significant acts: The Presidential Succession Act went in 1886 and gave that, upon the demise or acquiescence of both the president and VP, the line of progression would experience the bureau in sequential request of production of the bureau positions.In 1887, the Interstate Commerce Act passed and made the Interstate Commerce Commission. This bodys work was to direct interstate railroad rates. It was the principal government administrative agency.In 1887, the Dawes Severalty Act passed and conceded citizenship and title to reservation land for Native Americansâ who were eager to disavow their innate faithfulness. Appointment of 1892 Cleveland won the assignment again in 1892 in spite of New Yorks resistance through the political machine known as Tammany Hall. Alongside his running mate Adlai Stevenson, Cleveland ran against the officeholder President Benjamin Harrison, who vanquished Cleveland four years earlier. James Weaver ran as an outsider applicant. At long last, Cleveland won with 277 out of a potential 444 discretionary votes. Second Term: March 4, 1893â€March 3, 1897 Financial occasions and difficulties turned into a significant focal point of Clevelands memorable second administration. In 1893, Cleveland constrained the withdrawal of an arrangement that would have attached Hawaii since he felt the United States wasn't right in assisting with the oust of Queen Liliuokalani. In 1893, anâ economic depressionâ began called the Panic of 1893. A great many organizations went under and riots broke out. Nonetheless, the legislature did little to help since it was not seen as naturally permitted. A solid adherent to the highest quality level, Cleveland called Congress into meeting to revoke the Sherman Silver Purchase Act. As indicated by this demonstration, silver was bought by the administration and was redeemable in notes for either silver or gold. Clevelands conviction this was answerable for diminishing the gold stores was not well known with numerous in the Democratic Party. In 1894, the Pullman Strikeâ occurred. The Pullman Palace Car Companyâ had decreased wages and the laborers exited under the administration of Eugene V. Debs. At the point when savagery broke out, Cleveland requested government troops in and captured Debs, therefore finishing the strike. Demise Cleveland resigned from dynamic political life in 1897 and moved to Princeton, New Jersey. He turned into a teacher and individual from the Board of Trustees of Princeton University. Cleveland passed on June 24, 1908, of cardiovascular breakdown. Heritage Cleveland is considered by students of history to have been one of Americas better presidents. During his time in office, he helped introduce the start of government guideline of business. Further, he battled against what he saw as private maltreatment of government cash. He was known for following up on his own inner voice in spite of resistance inside his gathering. Sources The Editors of Encyclopedia Britannica. â€Å"Grover Cleveland.†Ã‚ Encyclopà ¦dia Britannica, 14 Mar. 2019.Editors, History.com. â€Å"Grover Cleveland.†Ã‚ History.com, AE Television Networks, 27 Oct. 2009.â€Å"Grover Cleveland: Life Before the Presidency.†Ã‚ Miller Center, 18 July 2017.

Autobiography In Chitra Banerjees Works English Literature Essay Essay Example

Life account In Chitra Banerjees Works English Literature Essay Example Life account In Chitra Banerjees Works English Literature Essay Life account In Chitra Banerjees Works English Literature Essay life , and compose , hence it is a way of forming that has been about each piece long as history has been recorded. However personal history was non sorted as a term till the late eighteenth century. It is following logged use was in its present sense by Robert Southey in 1809. He authored the term for delineating crafted by a Provencal artist. The main attributes of collection of memoirs are the distinction of the conscience, the syntactic situation of the work, and self-reflection or self-consideration. In the event that we discussed the syntactic position, life account is to a great extent written in the primary individual solitary. It is accepted that it is all things considered a story one tells about oneself, that s why it is non without a doubt followed that the creator would tell or portray her or his days of old from a third and second individual position. Jean Quigley affirms this point in her book The Grammar of Autobiography ( 2000 ) by expressing that, Equally without further ado as we are gotten some information about ourselves, to express our life account, we begin to state stories. We determine what occurred, what we stated, what we did 2. Biographers all around identify with an expansive grouping of paperss or purpose of perspectives and on the opposite side collection of memoirs might be founded completely on the creator s memory. One of the principal extraordinary collections of memoirs of the Renaissance is that of the sculpturer and goldworker Benevento Cellini ( 1500-1571 ) . He pronounces toward the beginning, No issue what kind he is, everybody who has to his acknowledgment what are or really appear to be incredible achievements, on the off chance that he thinks about truth and goodness, should make the account out of his ain life in his ain manus ; yet no 1 should wander on such a brilliant task before he is more than 40. 3 Along these lines, the supporter, the author, and the narrator must part a typical distinction for the work to be recognized as a life account. This regular independence could be commensurate, yet is non equivalent. The character that the essayist makes turns into a character inside the story that may non be a totally true picture of the author s existent days of old. Important eighteenth century in English incorporates those of Benjamin Franklin and Edward Gibbon, following the tendency of Romanticism, which extraordinarily featured the capacity and the idea of the individual, and in the waies of Jean-Jacques Rousseau s Confessions ( 1782-1789 ) . It is an increasingly affectionate signifier of collection of memoirs inquiring about the subject s feelings. An English outline is William Hazlitt s Liber Amoris ( 1823 ) , an excruciating investigation of the creator s love life. With the ascent of guidance, current builds of well known individual and name started to create, financial fr amework papers and modest printing, and the collectors of this were non delayed to hard cash in on this by bring forthing life accounts. In this way, self-portraying plants are essentially abstract. A few sociologists and clinician have noticed that collection of memoirs offers the author s capacity to vivify history. Further, the term anecdotal self-portrayal has been imagined to determine books about an anecdotal character composed as if the character were forming their ain life. Daniel Defoe s Moll Flanders ( 1721 ) and Charles Dickens s David Copperfield ( 1850 ) are early representations of anecdotal collection of memoirs. The term may other than use to the plants of fiction professing to be personal histories of existent characters, for example Robert Nye s Memoirs of Lord Byron ( 1994 ) . In the life account, clasp and history from the outset glimpse, appear to be preeminent. On balance, collection of memoirs is the historical backdrop of the things that have occurred in an individual s life. An amazing encounters were chosen and prepared for open use and regularly written in the main person. It constantly appears that while truth might be divined from one s ain account, in some cases it is non one s ain truth yet reality of an express, a development, and a coevals. A self-portraying novel is a strategy which is using vehicle fiction procedures or the osmosis of fiction and personal components. Along these lines, the artistic procedure is separated from diary and a collection of memoirs by the status of being fiction. Since a personal novel is mostly fiction, the essayist does non ask the peruser to envision the content to help through the self-portraying settlement . In a self-portraying novel name and areas are habitually changed and occasions are recreated to do them increasingly sensational however the account despite everything stands a nearby likeness to that of the essayist s life. At a similar clasp as occurrences of the essayist s life are described, there is no falsification of exact truth. Occasions might be adjusted or exaggerated for creative or topical ground. As an outcome the term life account novel is difficult to determine. Books which have the depict scenes or condition of affairss with which the author is recognizable are non needfully autobiographical.A Neither are books that contain aspects drawn from the essayist s life as meager mystery plan inside informations. To be estimated a personal by most rules, there ought to be aA protagonistA demonstrated after the author and a centralA plotlineA that reflects occasions throughout their life. Numerous books about private encounters, extreme are other than composed as personal nov el. Thusly, regularly the writer drenches in attentive self-consideration premier to occur out herself thus to tastefully air world to the perusers along these lines wining in making and determining expressively catching personages. Considerably all the more engaging is the grouping of her grown-up females from one period of advancement to the next imagining them as sprightly and courageous characters. By the way, unique personal glosss between the writers and her inventive exercises can ever be watched. It is non simple to get some distance from the self-portraying components so imposingly and diagrammatically present in Chitra Banerjee Divakaruni s origin. She could non encompass inside her the solid encourage to form about her ain fight with distinction preeminent as an emigre from India, and in the long run as a resident in the United States. She thinks of her plants with the different periods of her life as her characters are close projections of herself. In short her Hagiographas exemplify her knowledge of being a grown-up female creator of Bengali-Indian starting who has lived in America. Divakaruni thought that it was confounded to follow herself as a pioneer of new areas, examples, and writing. Chitra Banerjee accepted that excellent fiction centers around the normal enthusiastic and physical reactions of a gathering of characters when they are set in a situation non propensity to them. She detected that strict brutal conduct left a more grounded sway on the head rather than physical power on the natural structure. For that ground, her grown-up females supporters are keen on their mental surveies. There is an incessant help in her grown-up female to build up their confounded life and to demonstrate their check to life. Genuine bounty, while they attempt to make in this way, they come out unnatural in their conduct however this is simply in a proposition to populate life on their ain conditions. In this manner, Divakaruni has skilfully made utilization of her encounters both in the East every piece great as the West, joined with individual brushs to break down and to depict the life of the grown-up females characters impartially. The Hunt for the spot wherein the sense of self is at place has been one of the greater part of import endeavors of the advanced writing everywhere throughout the universe. A figure of books make an endeavor to delineate portrayals of home in South Asiatic writing from the move before advancement on the subcontinent of the current twenty-four hours. Their program is to see more than the residential into portrayals of the spot, to take a gander at non only the topographical, yet adjacent to the mental and material sunglassess of spot. The primary point is to disband the perceptual experience of spot in the entirety of its manifestations as stableness, legend, parturiency, security, and as want. Chitra Banerjee s artistic plants the two difficulties or centers spot and her encounters in various condition of affairss. It inspects that how the awareness of spot adjustments its implications when communicated from various areas, by various subjects and in various phonetic interchanges, pay ing requesting focus to ideological determinates, for example, class and sexual orientation. Along these lines, the loss of or the detachment to one s local human progress can do distress in a migrator s life. The mental change is essential to consolidate and follow into another human progress, name into request the idea of an unadulterated distinction . Besides the blend spot of a migrator may falsification a danger to one s uniqueness by oppugning the connection between the spot and the self . Run with the difficulties of life in at least two human advancements urge the migrator creators to duplicate their country with their new milieus and an endeavor to suit another soil. In this manner, Divakaruni s work is a blend of collection of memoirs and fiction ; her stories speak to the different and grouped places of a migrator s sentiments and thoughts. Divakaruni builds up her ain perusing of Indian imposts and history. She depicts a picture of an ambiguous amazing country. In her push to relate her story, she uncovers to the peruser the infiltration of her withdrawal. The hyphenated position of her distinction, Asian-Indian or American prompts her to investigate her last part of the scramble. Like Divakaruni, numerous Postcolonial creators are paying going to in contesting the fixed situation of the universe and its embellished significances. In this manner, truth and validity are coordinated,

Applying Early to Penn

Applying Early to Penn October 16 Penn values its Early Decision applicants quite a bit! Thinking about applying Early to Penn or another highly selective college? If youre not sure whether you want to apply Early Decision to a school with an Early Decision policy, ask yourself if this is the school you most want to attend. If the answer is yes and you have a reasonable or somewhat reasonable shot of gaining admission you should absolutely apply Early Decision. Your Early Decision card is one of your most valuable cards you have. And its one of the few cards you have as an applicant to highly selective colleges. The fact is that Early Decision applicants have much stronger odds of gaining admission  in the Early round than if they apply as Regular Decision candidates. Just look at the admissions statistics at the University of Pennsylvania. The numbers say it all. Now does Penn favor Early Decision applicants more than most? You bet. But no matter the highly selective college with an Early Decision policy in place, you will have better odds of getting in during the E arly Decision round than during the Regular Decision round. That is irrefutable. One of our favorite deans of admission, Penns always colorful Eric Furda, has written a great blog on things students should consider before they apply Early Decision  to a school. Applying Early Decision, after all, is signing a contract that if admitted, you will attend. So read through what Dean Furda has written and be sure to read these words at least twice: Applying Early Decision can be exciting. It is a way for you to show your commitment to a school that means a lot to you. Continue asking questions, editing, writing, and looking inward as you move forward with your Early Decision application process. By showing a commitment to a school like Penn, theyll be more likely to show their commitment back. Funny how life works like that. If only such was always the case with love! Anyhow, if youre at all curious why Penns admissions blog, on which Dean Furda writes, is called P.217, its because for nearly twenty years, Penn had a supplemental essay that read, Please write p. 217 of your 300 page autobiography. It was a really easy essay since you could write about essentially anything. But too many Penn applicants stressed about it and, four years ago, Penn did away with it. The assumption is that it caused too many students to not apply to Penn. And highly selective colleges like Penn always want to encourage potential students to apply. The more students who apply, the lower the admission rate will be, and the higher Penn will be ranked in US News World Report. Funny how things work out so logically sometimes, right?

The California State Public Education System Essay examples

The California State Public Education System â€Å"All who have meditated on the art of governing mankind have been convinced that the fate of empires depends on the education of youth.† -Aristotle- It has been said many times that children are our future. That is a scary thought considering our lack of investment as a people in that future, for without a solid base of education now the bright future we hope for may never come to fruition. This Paper will look at the current state of the Public Education System of the Sate of California. It will focus on the breakdown of the current system looking specifically at the following issues: Lack of Funding for the System, Lack of Qualified Teaching Personnel, and issues caused by†¦show more content†¦Our Public School System is still plagued by lack of supplies and equipment as evidenced in our surveys where 100% of respondents stated that they felt supplies were below minimum standards to create an effective learning environment. We were given examples of students having to share textbooks. Textbooks being outdated with some being from the late 80’s, not a big deal for math texts but there has been a huge increas e in knowledge in Science and a significant change in the geography and history of our world which would make large sections of these older texts obsolete. Another large complaint is the lack of proper facilities. Most schools being aged and in need of serious repairs. Lack of Qualified Teachers We would all like to think that schools are going to educate every child and expect them to bring every child to high standards of performance. Until fairly recently it was a permissible practice to reserve the most qualified teachers for those schools serving high-achieving, affluent, college-bound students who were believed to hold the greatest promise of success. Holding school districts accountable for improving the performance of all schools and all students might well require that resources, both human and financial, be allocated according to greatest need (ca.gov). This notion presents a challenge to publicShow MoreRelatedThe State Of California Governing Bodies Essay1418 Words   |  6 PagesThe State of California Governing Bodies The California Postsecondary Education Commission was granted puissant duties and powers in 1974, after replacing the Coordinating Council for Higher Education (Education Commission of the States, 2016). The commission does not serve as a governing board but as an advisory committee to the House of Representatives, governor, and higher education institutions, with matters paramount to education policies (Education Commission of States, 2016). 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StudentsRead MoreEffects of Higher College Tuition on California Students1211 Words   |  5 PagesRunning Head: EFFECTS OF HIGHER EDUCATION ON CALIFORNIA STUDENTS Effects of Higher College Tuition on California Students Hudson Pacific Ocean University Read MorePublic School Systems Should Not Allow Teachers910 Words   |  4 PagesPublic school systems should not allow teachers to have tenure. The documentary â€Å"The Lottery† tells a story about young children trying to get into a charter school for a better education and better teaching styles. Not to mention if certain kids don’t get in, they could always try again later. In addition to the documentary, it explains in one scene that in the school system, they had to let go about ten or more teachers. â€Å"The Lottery† documentary wanted to tell how well students can achieve with

Marjane Satrapi s Persepolis And The War Between Iran And...

In life, growing up is inevitable and happens to everyone, but how that growing up occurs can be very different depending on your environment. Marjane Satrapi’s autobiographical graphic novel, Persepolis, is set in Iran before and during the Iranian Revolution of the late 1970’s and the war between Iran and Iraq. The graphic novel centers around the daughter of an Iranian family, Marjane, who is an energetic and jubilant young girl at the beginning of the story.The revolution and other factors force her to mature quickly as she is influenced by violence, destruction, and the people surrounding her. Marjane’s growth and development throughout the book are greatly affected by the people around her, such as her parents and her friends.One instance is when Marjane has been spending time with her family s maid, Mehri. While Marjane spent time with her, Mehri was flirting with a next door neighbor of Marjane’s family. When Marjane’s father finds out about this he tells the neighbor that Mehri was their maid and the neighbor decides not to continue seeing her. Then Marjane’s father tells Marjane that their love is impossible because they are in different social classes and Marjane gets frustrated and angry. She asks her father, â€Å"Is it her fault she was born where she was born?† (37, panel 6). She also asks him â€Å"Dad are you for or against social classes?† (37, panel 6). The speech balloon that she asks this question in is jagged and spiky and in the panel her hands are claspedShow MoreRelatedMarjane Satrapi s Persepolis 1314 Words   |  6 PagesPersepolis is an autobiography of Marjane Satrapi’s childhood in her native Iran. She writes about being a child in Iran through the Iranian revolution and the Iran-Iraq war. As Satrapi recounts stories of her youth, one can observe that the Iran-Iraq war and the Iranian revolution are the central events driving the entire story. When the revolution and war happens, the dynamics of the book change completely. War creates a sense of unity and nationalism. Marjane shows a large contrast between herRead MoreHow and Why Is a Social Group Represented in a Particular Way? Persepolis1442 Words   |  6 Pagesare marginalized, excluded or silenced in the text? Outline: * Show how Marjane Satrapi grew up under oppression during the Islamic Revolution in Iran. * Give and explain evidence of how the author presents that different social groups were marginalized/silenced. * Show how Marji and her parents shared the same beliefs when making reference to the regime.    The graphic novel Persepolis, by Marjane Satrapi, explores her childhood years in the middle of the Islamic Revolution. SituatedRead MoreHow and Why Is a Social Group Represented in a Particular Way? Persepolis1429 Words   |  6 Pageshow Marjane Satrapi grew up under oppression during the Islamic Revolution in Iran. * Give and explain evidence of how the author presents that different social groups were marginalized/silenced. * Show how Marji and her parents shared the same beliefs when making reference to the regime.    The graphic novel Persepolis, by Marjane Satrapi, explores her childhood years in the middle of the Islamic Revolution. Situated in the commotion of the overthrowing of the Shahs regime, and the war withRead MorePersepolis Is The Realistic Novel1476 Words   |  6 PagesPersepolis is the realistic novel about the life Marjane in pre and post progressive war in Iran and her transition in Europe. The novel explains Satrap’s development from young sge to defiant punk-cherishing adolescent in Iran. Importantly, its mostly it covered Satrap growing strains of the political atmosphere in Iran in during the 70s and 80s, with individuals from her liberal inclining family kept and afterward executed, and the foundation of the grievous Iran/Iraq war. This novel also explainsRead MorePersepolis: A Script on the Iran War Essay930 Words   |  4 Pages Persepolis is a graphic memoir of Marjane Satrapi. The book has received multiple accolades and citations for its realistic and well-writ ten script as well as its commitment against totalitarianism. Satrapi writes (and draws) of her life during the war between Iran and Iraq. It has both literal and symbolic meanings hidden among the drawings, as it also shows the hardships she faced in other countries and even, at times, in her home country of Iran. It helps to show the past and somewhat presentRead MoreMarjane Satrapi s Persepolis 1646 Words   |  7 Pages Marjane Satrapi’s graphic novel Persepolis is an expressive memoir of her growing up in Iran during the Islamic Revolution, the fall of the Shah’s regime and the Iran-Iraq War. Unlike conventional memoirs, she uses the black-and-white comic book form to find her identity through politics and her personal experiences in Iran and it has become effective and relevant in today’s society because she is a normal person that has had to live through extreme circumstances. Marjane has contributed to a wholeRead More Marjane Satrapis Persepolis3668 Words   |  15 PagesIn the 1970s a great power struggle began in Iran, leading to a profusion of civil unrest and mass emigration. In 1941 Iranian monarch Reza Shah, was removed from power by the United States and replaced by his son, Mohammad Reza Shah Pahlavi, who Westernized the highly conservative and religious nation. He continued implementing the Westernized laws set by his father, which were known to discouraged democratic political expression in the public sphere and condemned Islamic fundamentalismRead MoreAnalysis Of Persepolis And The Sub Themes1399 Words   |  6 Pagesperspective of Marjane is one of the overarching themes within the book Persepolis, and the sub themes that will be displayed are revolution, imperialism, nationalism, religion, and social class. These themes can be related back to the main theme because of how they share traits between the book and the image themselves. The image shows Tehran, Iran after the election of Mahmoud Ahmadinejad, which was very controversial (AFP/GETTY, Online). Many people thought that the election was rigged in Mahmoud ´s favorRead MorePersepolis and Courage Essay653 Words   |  3 Pages Persepolis and Courage Marjane Satrapi’s memoir Persepolis is considered a â€Å"coming of age† story based on her experiences growing up in Iran during the Islamic Revolution. This graphic novel explores the life she lead in Tehran which encompassed the overthrow of the Shah’s regime, the triumph of the Islamic Revolution and the devastating effects of war with Iraq. Undergoing life with such a chaotic environment, it took Satrapi courage to act and live as her â€Å"authentic self† and explore whatRead MoreThe And Flow Of Ideas About God And Religion Throughout The Life Of Marjane Satrapi1530 Words   |  7 Pagesabout God and religion throughout the life of Marjane Satrapi, the author of the autobiographical novel Persepolis, is made very clear in her novel. As she is introduced to new thoughts and experiences, her ideas change. When her parents expose her to their communist ideas begins to value her relationship with god less. When things return back to normal she returns. It is not until a series of fairly traumatic events that she drifts completely away. Satrapi uses Illustrations of her and God as a metaphor

A woman killed with kindness A monologue from the play by Thomas Heywood Essay Example For Students

A woman killed with kindness A monologue from the play by Thomas Heywood Essay A monologue from the play by Thomas Heywood NOTE: This monologue is reprinted from A Woman Killed With Kindness. Ed. A. W. Ward. London: Dent, 1897. WENDOLL: Pursued with horror of a guilty soul, And with the sharp scourge of repentance lashed, I fly from mine own shadow. O my stars! What have my parents in their lives deserved, That you should lay this penance on their son? When I but think of Master Frankfords love, And lay it to my treason, or compare My murthering him for his relieving me, It strikes a terror like a lightnings flash, To scorch my blood up. Thus I, like the owl, Ashamed of day, live in these shadowy woods, Afraid of every leaf or murmuring blast. Yet longing to receive some perfect knowledge How he hath dealt with her. O my sad fate! Here, and so far from home, and thus attended! O God! I have divorced the truest turtles That ever lived together, and, being divided, In several places make their several moan; She in the field laments, and he at home. So poets write that Orpheus made the trees And stones to dance to his melodious harp, Meaning the rustic and the barbarous hinds, That had no understanding part in them; So she from these rude carters tears extracts, Making their flinty hearts with grief to rise, And draw down rivers from their rocky eyes.

The Spark of Macbeths Downfall Essay Example

The Spark of Macbeths Downfall Essay Men have always fallen from greatness due their greediness and ambitions. Humans have showed the obvious fall from grace, starting with the original sin of Eve; and following with its constant reoccurrence in our everyday lives. In the play Macbeth by William Shakespeare, it clearly shows the negative impact of excess ambition. The witches, Lady Macbeth, and Macbeths own ambitions sparked Macbeths downfall.The three witches harvested the seed of ambition in Macbeth and foreshadowed the evil that shall follow, in this case Macbeth, by the contradictory saying, Fair is foul, and foul is fair (I, ii, 12). When greeting Macbeth they started out with the lines All hail Macbeth, hail to thee, Thane of Glamis! /All hail Macbeth, hail to thee, Thane of Cawdor! /All hail Macbeth, that shalt be king hereafter. (I, iii, 47-49) These prophecies inspired Macbeth to think big, and fantasize for bigger fame and expansion of his title. As the witches prophesized Macbeths future success, they never specified how, or to what occasion his rank will excel, therefore, he took their prophecies and personalized them.Instead of waiting patiently for the prophecies to come true, Macbeths thirst for power over came his good judgment, and the witches reassurances made him believe he was unbeatable. The witches prophecies continued by presenting the three apparitions that gave Macbeth even more hope and confidence of his invincibility. As the first apparition, an armed Head, warned Macbeth to beware Macduff, (IV, I, 71) his fear of loosing all he has lusted for, and killed for, overtook him, and thats when he decided to secure his permanent position on the throne. Macbeth orders the killing of Macduffs wife, children, and servants, in the hope of ruining Macduffs strength. While, instead of weakening Macduff, the deaths only made Macduff stronger and helped him realize that Macbeths killing rampage wasnt going to stop.The second apparition, a bloody Child, reassured Macbeth that none of woman born/ Shall harm Macbeth. (IV, I, 79-80) which gave Macbeth all the security he needed, and due to the fact he had no one greater than him, he could treat Scotland however he pleased to. The final apparition, a Child crowned with a tree in his hand, reassured Macbeth of his permanent possession over the throne by telling him that Macbeth shall never vanquishd be until/ Great Birnam Wood to high Dunsinane Hill/ Shall come against him. (IV, I, 91-93) Macbeth, thinking that it would be impossible, was fully mesmerized by his confidence and didnt give the prophecies much thought. Macbeth fell into his tragic flaw of ambition and ignored the metaphorical meaning of the prophecy.As the witches awake Macbeths desires of greatness and power, Lady Macbeth leads him into committing murders, and fulfilling the witches prophecies. Lady Macbeth is depicted as a power hungry woman who, through her husband, gains the power she has thirsted for. She was the initial force to make this entire p lay roll along. Macbeth, even though he was not comfortable with where he was, he was at the stage of curiosity, not action. Once Macbeth returned home, his point of view changed completely by Lady Macbeths plans.Lady Macbeth, firstly questions his manliness once he disagrees with her or speaks his mind. It is her constant needling of Macbeth that pushes him towards the decision to kill Duncan, since her challenges towards him triggers, unconsciously, his want to prove her wrong. She is strong willed and knows her husband well enough to exploit his sensitivity about manliness. Lady Macbeth, employs emotional blackmail; From this time, / Such I account thy love (I, vii, 38-39). Lady Macbeth appears to be without a conscience but later on, as foreshadowed Fair is foul, and foul is fair (I, ii, 12); we find that she does indeed have a conscience, which ends up leading her to suicide.Although, some could argue that ambition is something one should be proud of, Macbeths desires are reach ed by wrongful methods. His confidence in the witches prophecies blinds him to the point that he does not see obvious danger in front of him. The admiration by his wife and the witches caused Macbeth to fantasize about over-achieving, and even after he had everything the three weird sisters promised him, he strived for more and more.Macbeths confidence built up throughout the play, and soon enough everything shred to pieces; When fighting Macduff, Macbeth states confidently that he bear[s] a charmed like which must not yield/ To one of woman born. (V, viii, 12-13) without realizing that the apparitions could play against him, again the matter of Fair is foul, and foul is fair (I, ii, 12) Not only did Macduff not come from a womans womb, but the prophecy, Macbeth shall never vanquishd be until / Great Birnam wood to high Dunsinane hill / Shall come against him. (IV, i. 92-94), was ignored by Macbeth, which lead him to fall into his tragic flaw of ambition and disregarded the metaphor ical meaning of the prophecy. Had Macbeth looked deeper into the prophecies and warnings, he could have been better prepared for the contradictory outcomes.Macbeths downfall was a combination of his own ambitions, Lady Macbeths influences, and the witches prophecies. Macbeth had a lot of nobility and ambitions prior to the witches forecasts, but the wicked sisters harvested his ambitions, and Lady Macbeths convincing words were enough to persuade Macbeth to commit deeds that lead both, Lord and Lady Macbeth to the grave. Macbeths nature seemed to be honest, but the darkness and inevitability of evil caught up to him and pulled him deeper until he was wrapped in his own doom.

Sharknado Will Teach You All About Blogging

Sharknado Will Teach You All About Blogging Sharknado. It spawned 5,032 tweets per minute at its peak (about 84 tweets each second)for a movie about a hurricane that spawns tornadoes filled with sharks that bring down people, helicopters, and houses. What can you possibly learn from this movie about writing, beyond the fact that people will watch anything scripted for the SyFy channel? At first glance at the amazing poster, it seems pretty clear that there is little about blogging and content marketing in the movie. **SPOILER ALERT** The sharks dont win. Sure, they get in a few good bites, but in the end, the hero prevails and its messy.  In the interest of learning something meaningful from all of lifes experiences, even the ridiculous ones, can writers find anything of value from Sharknado and its messy heroic win? #Sharknado is a treasure trove of great writing advice. #NoReallyMost certainly. After watching Sharknado, you will realize that, as a writer, you need to: 1. Think on your feet. A change in the blogging schedule meant I had 40 minutes to write and publish a post. Those werent ideal conditions, but  I did it.  I cranked out the blog post, and sent it on to my team to peer review. Hayden responded back, after reviewing the post. I literally thought as I read: heres what 10+ years of blogging and disciplined writing gets you, he said, and it was the first time I realized that constant long-term blogging gives you the skills to think on your feet when you have to. Long-term practice makes it possible for you to think on your feet. It will happen. Youll have about 30 minutes to write a blog post. Can you do it?  Youd better have a process, the confidence, and the ability to write out of nowhere. Which leads to the next point 2. Maintain situational awareness. In Sharknado, the sharks were coming from every direction–air, land, water, living room–and the hero had to be aware of his surroundings to stay alive. In those moments when you have to think on your feet, youll need situational awareness. To pull off that last-minute blog post, I referred to a list of running ideas I am constantly tracking. Im always making note of blog ideas because in those intense moments,  youd better have something in the bank. And to get those things, youll have to be aware of how just about anything could be a blog post and bank those ideas.

Reflection paper Essay Example | Topics and Well Written Essays - 750 words - 3

Reflection paper - Essay Example The checklists consisted of items that highlight the characteristic behaviors that can be observed with the student and is associated with the disorder such as inattentiveness and poor organization. A section for other learning problems and family history was also given in the checklist. Finally, a free-flow box was also made available and is intended for checklist users to express further comments and explanations about the student. The next part of the chapter delved on the two types of ADD, its causes, analogous illnesses, co-morbidity, and intervention team. According to Hannell (2006), an individual with ADD can exhibit as an Inattentive Type, Hyperactive-Impulsive Type, or a combination of both. Inattentive individuals typically daydream and fail to finish classroom tasks. Meanwhile, the hyperactive-impulsive types are those who are restless, talkative, and sometimes destructive. Hannell (2006) revealed that the cause of ADD is usually attributed to genetic factors and some food link. In the normal course of development, individuals may show the same symptoms for the disorder but are usually in more intense degrees. Giftedness, emotional and behavioral disturbances, and epilepsy may be quite similar to ADD but is not qualified as such. ADD also co-exists with learning disabilities, oppositional defiant disorder, and conduct disorder. Lastly, teachers, behavior management specialists, and pediatricians are involved in helping the student with ADD. Before taking on any appointment with a student with ADD, it is imperative that a counselor get his hands on as much in-depth information as he can about the intricacies of the disorder. In this way, he will know the best way to communicate with a child or adolescent with the condition during the counseling session. Considering that they have special needs, the typical counseling approaches may not work well with them. But with adequate

Economics of the Forex Essay Example | Topics and Well Written Essays - 1500 words

Economics of the Forex - Essay Example Starting from the year 1979, the Exchange Rate Mechanism -- ERM of the European Monetary System -- EMS has played a vital role in developing the foundation of the Monetary policy strategies in Europe and it has been a very striving research in the international monetary and exchange rate cooperation of the post-Breton Woods times. There has been a radical change in the nature of ERM, which is from a very fixed exchange rate with a limited mobility of the international capital to the 'hard' exchange rate mechanism which was approved by the Basle-Nyborg agreement in 1987 (Financial Markets and European Monetary Cooperation: The Lessons of the 1992-1993 ERM Crisis)During the end of the 1980's the gratified performance of this 'hard' exchange rate mechanism earned the confidence and increased the general appeal of a more total transformation of the system which was expected to result in agreement and a happening of unification. However, during 1992 a downfall on the past achievements occ urred and also undermined the process towards European Monetary Union. Thus an ERM crisis occurred between 1992 and 1993 are said to be the most historical events in the then monetary history of Europe. Thus their source, effects and inferences are one of the most important events in the current academic and political debates through out the world.The European monetary system was formulated with two major components: namely the European Currency Unit and a fixed exchange rate system known as the Exchange Rate Mechanism. ... as to whether the 1992 Exchange Rate Mechanism crisis in UK occurred due to the European monetary system being predictable, or whether it was caused due to the rising of the international financial markets May be the answers for these questions are in relevance to debates about the international financial and economic policies through out the world. These answers could also reveal the overall economic policy and the exchange rate regimes and there role on the 1992 ERM crisis. Considering a bipolar array where the hard exchange regimes on one side which involved pegged exchange rates, currency boards, taking in of another country's currency are more demanding than the flexible rate regimes. Another major point is that there cannot be any regime that can predict and offer a complete solution to the financial and economic changes that the country will undergo. (Truman, 2002) The ERM crisis was the first of its kind in the current century in terms of both private and official monetary circulation both during the crisis and also before the crisis. It could also be said as the first kind of crisis that occurred in terms of market and financial securities, derivative instruments and the financial market dynamics in the wake of building up the crisis. In view of the ERM crisis the European exchange rate regimes continued strongly support the view of pegged exchange rate mechanism. During the crisis countries and its investors were bailed out with exceptional amounts of official financing. But after the crisis the European government followed a very stringer way of its official financial management in the years that followed. (Truman, 2002) There is always a tension that reflects in every ongoing debate on the relative roles of economic fundamentals and the behaviour of

Emergent Multimedia Technology (Cloud Streaming Technology) Essay

Emergent Multimedia Technology (Cloud Streaming Technology) - Essay Example The paper tells that the world of technology is a dynamic one with scientists and technicians coming up with high-tech gadgets by the day. This has not always been the case. Technology has come a long way off. From the time of the dark ages where the only form of data storage was the primitive human mind not to mention the ancient writings preserved in stone. The short comings of these methods of storage called for better ways of data preservation hence the discovery of paper and later secret safes that were used to store classified information. Decades later, the world enjoys an unlimited number of technological options to choose from. Modern technology too has continued to grow in leaps and bounds with incremental and disruptive developments being made daily. Incremental development is whereby a development in one sector is so as to improve on a previous development that had already been made. These inventions come in with highly sophisticated and efficient apparatus. Machines that more than double human output, this means that production is taken to a higher level thus the supply to consumers is made easier and available thanks to these inventions. A good example can be drawn from the development of play stations which was a follow up of the traditional brick games. Other examples of incremental development are the use of tractors in agriculture as an improvement on the traditional hoe used to plough, use of modern processing and storage facilities instead of the previous versions of the same and the use of electric trains is also an improvement on the locomotive.... Modern technology has converged together for a common goal. This can be explained by equating technology to an abstract entity. The entity slowly moves towards other entities in the same field with similar goals. At the end, they form one big entity that is more efficient. This simple yet complex technological advancement is the reason why today, we are able to easily access audio, video and even application data more efficiently than before. This convergence of technology has been made possible by massive funds that have been channeled into research by both private and commercial developers. The end result is that the new development from this mergence is more progressive and has competitive advantage over the redundant ones. There has been a number of emerging technologies in various fields ranging from information technology to medicine, agriculture, robotics and even biotechnology. Emerging technologies in the field of medicine include new surgical equipment and procedures and th e development of new drugs to combat emerging diseases. Development in the field of medicine has seen the mastery of new procedures such as artificial insemination and the use of test tube babies, a fete that was once thought impossible. Furthermore, vaccines against diseases like tuberculosis, malaria and even HIV/AIDS have been developed. Doctors are now able to treat and sometimes cure diseases like cancer which were previously unmanageable. This has consequently improved the life expectancy in the country. Child mortality rates have also decreased significantly (Hung, D & Khine, M. S., 2006, p 567). In the fields of agriculture, emerging technology such as genetic engineering has made

The Character of Brutus in Julius Caesar Essay -- Julius Caesar Essays

The Character of Brutus in Julius Caesar      Ã‚  Ã‚  Ã‚  Ã‚   Brutus was a very important character in the play Julius Caesar written by William Shakespeare. He helped plan a plot against one of the most powerful people in Rome and killed the king to be. Brutus was well renowned for his deep thinking, his honor, and most importantly, his belief in stoicism.      Ã‚  Ã‚  Ã‚  Ã‚   Brutus's stoic qualities played a major role in his character. He trusted his wife Portia very much. In fact, he trusted her so much that he was even going to tell her about the plot against Caesar.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   "You are my true and honorable wife,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   As dear to me as are the ruddy drops   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   That visit my sad heart"   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   ( II, i, 289-290)    She cared very much for him. She was willing to slice her thigh open just to prove her loyalty and trustworthiness to her noble husband. He also cared very deeply about his wife and he loved her very dearly.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   "O ye gods,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   render me worthy of this noble wife!"   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   ( II, i, 303-304)    Because of his profound stoicism, Brutus did not seem to show his graditude much when Portia killed her self. He simply drank wine to get ride of the pain and told Cassius to never speak of his wife again.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   "Lucius a bowl of wine!   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   I did not think you could have been so angry,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   O Cassius, I am sick of many griefs.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Of your philosophy you make no use   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   If you give place to accidental evils.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   No man bears sorrow better. Portia is dead.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Ha! Portia!   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   She is dead.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   How 'scaped I killing whe... ...   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   ( I, ii, 79-90)    Brutus had thought very deeply about joining the conspiracy. He had stayed up all night brooding about it. He feared that Caesar was gaining too much power and that soon Caesar would become king. If Caesar became king Brutus's dreams of Rome's Democracy would be shattered.      Ã‚  Ã‚  Ã‚  Ã‚   In conclusion Brutus was a very well respected man in Rome. He helped restore Rome to its original Democratic system. He ended up killing himself at the end of the play because of all the pressure. He had said at the end when he killed himself that      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   "....Caesar, now be still.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   I killed not thee with half so good a will."   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   ( V, v, 50-51)    Work Cited: Shakespeare, William. Julius Caesar. Ed. Alan Durband. London: Hutchinson & Co. Publishers Ltd., 1984.   

External Factor Analysis of Accounting Firm Essay

It is a part of the external analysis when conducting a strategic analysis or doing market research and gives a certain overview of the different macroenvironmental factors that the company has to take into consideration. Political factors, or how and to what degree a government intervenes in the economy. Specifically, political factors include areas such as tax policy, labour law, environmental law, trade restrictions, tariffs, and political stability. Political factors may also include goods and services which the government wants to provide or be provided (merit goods) and those that the government does not want to be provided (demerit goods or merit bads). Furthermore, governments have great influence on the health, education, and infrastructure of a nation. Economic factors  include economic growth, interest rates, exchange rates and the inflation rate. These factors have major impacts on how businesses operate and make decisions. For example, interest rates affect a firm’s cost of capital and therefore to what extent a business grows and expands. Exchange rates affect the costs of exporting goods and the supply and price of imported goods in an economy Social factors  include the cultural aspects and include health consciousness, population growth rate, age distribution, career attitudes and emphasis on safety. Trends in social factors affect the demand for a company’s products and how that company operates. For example, an ageing population may imply a smaller and less-willing workforce (thus increasing the cost of labor). Furthermore, companies may change various management strategies to adapt to these social trends (such as recruiting older workers). Technological factors  include ecological and environmental aspects, such as R&D activity, automation, technology incentives and the rate of technological change. They can determine barriers to entry, minimum efficient production level and influence outsourcing decisions. Furthermore, technological shifts can affect costs, quality, and lead to innovation. Environmental factors  include weather, climate, and climate change, which may especially affect industries such as tourism, farming, and insurance. Furthermore, growing awareness to climate change is affecting how companies operate and the products they offer–it is both creating new markets and diminishing or destroying existing ones. Legal factors  include discrimination law, consumer law, antitrust law, employment law, and health and safety law. These factors can affect how a company operates, its costs, and the demand for its products.

Counselor Should Be Open And Honest - 991 Words

of spirituality, persistence, forgiveness, resistance, humor, wisdom, and resilience in these children. Counselors should investigate what external factors are related to the presenting problem. Professionals help the clients define goals and ways of getting to them; Ask about ways the person, family, and friends have handled similar problems successfully; After goals have been established, counselors should collaborate with the child on treatment options; Counseling would find focus with a solution-focused and problem-solving approach may be more acceptable.† Counselor should be open and honest because it helps the clients to comfortable with speaking about their current situation. Demonstrating the respect for cultural differences makes client more appreciative of the counselor because knowing the diversity within cultures would be beneficial in knowing the right services the client would need. Children should be understand, the importance of counseling because it’s helps them to analyze why they’re in counseling in the first place. One goal of counseling children is making sure the child is knowledgeable about their culture because it is important for them to know the expectation of what their cultures is all about. Counselors should provide access to resources that will be beneficial to children learning and being competent because getting an education is an important factor in knowing the world in which they live within. These resources are helpful because counselorShow MoreRelatedEthics, No Secrets Policy and Counselor Values771 Words   |  4 PagesSanders * I believe it is unethical for the counselor to reveal anything said in individual counseling with the husband. She didn’t address a â€Å"no secrets† policy in the informed consent. Sharing this information with the wife without his permission is unethical. In marriage counseling the â€Å"no secrets† policy needs to be addressed and explained in the informed consent. Since she did not have a policy concerning this, she is bound by confidentiality which should have been in her informed consent. *Read MorePastoral Counselors Essay886 Words   |  4 PagesPRINCIPLE A: COMPETENCE Counselors, Pastoral care givers, and help givers should acquire the requisite education, which will equip them to practice the profession of their calling. Counselors should take on clients who fall within the area of their competence- areas in which they have acquired qualifying training techniques, experience and education; otherwise the case should be referred to other competent professionals. 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Walmart negotiation strategies - Free Essay Example

Sample details Pages: 4 Words: 1282 Downloads: 2 Date added: 2019/07/26 Category Business Essay Level High school Topics: Walmart Essay Did you like this example? Walmart is one of the major and more important retailers around the globe operating in more than 11,000 stores in over 25 nations (Hunt, Watts Bryant, 2018). The company was inaugurated in 1962 and has achieved significant progress due to its succesful business strategy (Hunt, Watts Bryant, 2018). Walmart operates both physical and online stores to enhance convenience for its global consumers. Don’t waste time! Our writers will create an original "Walmart negotiation strategies" essay for you Create order The company realized annual revenue of $500 billion in the fiscal year, of 2017 and boasts over 2.1 million employees from different parts of the world (Hunt, Watts Bryant, 2018). Although Walmart is a leading company, it operates in a highly competitive market and shares its customers with competitors such as Tesco, Costco, Woolworths, Carrefour, IKEA, Amazon, and Target (Hunt, Watts Bryant, 2018). In any case, Walmart has possessed the capacity to keep up its cost authority procedure that enables the organization to hold clients by offering quality merchandise at moderate costs.Walmarts slogan, Everyday low prices, gives the company a competitive advantage in the retail industry. This low-price strategy allows Walmart to capitalize on its size to realize economies of scale. The company has depended heavily on cost leadership to become a household name across the globe. Walmarts business strategies have also been centered on sustainability to conserve the environment and minimize indirect costs. In addition, Walmarts business strategies aimed at establishing a one-stop shopping by providing a broad assortment ranging from grocery to household wares. Walmart has over 60,000 diverse suppliers and it incorporates different negotiation strategies to bargain. Walmart aims at empowering its suppliers thereby establishing great partnership to guarantee the quality of goods. Walmart has maintained its traditional mission statement, We save people money, so they can live better (Hunt, Watts Bryant, 2018). This mission statement is geared towards lowering the cost of living to enable people to make extra savings to enhance their lives. Walmarts mission statement appeals mostly to the middle-class consumers who make up a large percentage of the overall customers in the retail industry. Walmarts vision statement aims at provided quality products at low costs while maintaining sustainable production. In order to maintain its cost leadership strategy, Everyday Low Prices, Walmart is compelled to incorporate various negotiation strategies with its suppliers to purchase large quantities of products at lower prices. The bargaining power of suppliers in the retail industry is relatively lower due to the existence of numerous suppliers (Lianos Lombardi, 2016). These suppliers also engage each other in stiff competition in order to win the tenders and supply their goods to the retailers. Some of the suppliers are compelled to offer their products on a discount to attract retailers (Lianos Lombardi, 2016). Thus, this means that a retail company such as Walmart has an advantage over the suppliers and can influence their decisions significantly including their prices. The sheer size of Walmart is another factor that impacts its negotiation strategy with the suppliers (Chatterjee, 2017). Walmart is a leading retail company with over 11,000 stores in different countries and therefore, the company buys goods in bulk. This is quite attractive to suppliers hoping to conduct business with Walmart. Walmart can also switch between suppliers at minimal costs. However, Walmart deals with some large suppliers, and thus, it are important to implement an effective negotiation strategy. Walmart should capitalize on its relatively strong bargaining power to influence the suppliers prices. An important aspect of negotiation strategy is to ensure options; Walmart should have a list of its suppliers and conduct research on their history to determine their prices, reliability and the quality of their goods. Having options means that Walmart is not limited to a few suppliers and thus, this helps the company to appear strong instead of needy during its negotiations with suppliers (Wang, 2016). Ensuring diversity of the suppliers is also key in lowering the prices of goods. By having options, Walmart suppliers will most likely lower their prices to avoid losing the business opportunity. Walmart should also look at the bigger picture and instead of focusing on the suppliers aim at controlling the entire supply chain (Allen Burrell, 2015). Thus, Walmart should use its bargain power to control the costs of transport and reduce its expenses (Stump, Joshi Kim, 2015). This woul d allow Walmart to transfer its cost saving to the customers in terms of lower prices thereby enhancing customer loyalty. Walmart negotiation strategies should align with its mission and vision statement. It is therefore important for the company to develop positive relationships with the suppliers and empower them. Hence, Walmart should deviate from exploiting its suppliers as this can tarnish its reputation and have a negative impact on its business operations. Thus, when negotiating with suppliers, it is necessary for Walmart to bargain reasonably and set a non-exploitative minimum. Walmart should be socially responsible by offering its customers the best quality. Since Walmart has significant bargaining power over its suppliers, it should use it for the benefit of the customers. For instance, Walmart should set rules and regulations meant to control the quality of products supplied by the vendors (Wang, 2016). Thus, the company should conduct investigations on the production techniques used by the suppliers to ensure they are sustainable. By doing so, Walmart will help its suppliers minimize polluti on and conserve the environment. Lastly, Walmart needs to set up a negotiation team with the skills necessary to win over its competitors. Walmart should ensure that it clarifies its objectives to the suppliers (Allen Burrell, 2015). However, it should have realistic expectations to ensure its objectives are attainable. This would help the company ensure that the suppliers understand its vision and purpose and therefore, provide products that are in alignment with its goals. Walmart is a powerhouse, and thus, it has the capacity to make calls when dealing with its suppliers. However, effective negotiation strategies are necessary to meet its objectives. The above strategies would help Walmart to buy goods from its suppliers at relatively lower prices and thus, transfer that to the customers in terms of reduced prices. Walmart can also be able to secure goods on credit since it purchases in bulk. Walmarts negotiation strategies would also ensure that suppliers meet the company standards in terms of quality and timely delivery. Walmart should emphasize sustainable production of goods, especially groceries to safeguard the consumers. Walmart has strong bargaining power over its suppliers. As such, Walmart can easily switch between suppliers without having to incur losses. However, Walmart usually deals with large companies, and therefore, its bargaining power diminish slightly. Walmart should capitalize on its bargaining power to set explicit rules and regulations and force the suppliers to adhere to them at all times. This includes the need for sustainable production of goods in order to reduce pollution and prevent customers from including indirect costs in terms of effects of climate change. In order to strengthen its bargaining power, Walmart should have options and a negotiation team to make sure its objectives are clarified and communicated to the suppliers. However, although Walmart has considerably strong bargaining power, it should avoid exploiting its suppliers as this can damage its reputation and affects its sales negatively. Walmart goal should be to empower all its shareholders including suppliers a nd customers. Thus, its negotiation practices should be fair to all the parties. A key element in negotiation strategies is a clear purpose. Therefore, it is vital for Walmart to enhance its relationships with the suppliers. A successful negotiation strategy communicates the values of the organization to ensure all the parties understand what is required of them. However, the focus of Walmart should be control of its overall supply chain in order to reduce costs and transfer the savings to the customers by offering goods at lower prices compared to its competitors. This is crucial in attracting new customers and maintaining customer loyalty.

Power, Authority, and Influence Brandmarker Case Study. Essay

Power, Authority, and Influence BrandMarker Case Study. SUBMITTED BY: S. L. REAMS MGT302 :: Org. Behavior and Teamwork Module 2 – Case Assignment Trident University 05 August 2013 CEO Tom Morris and his team are about to face consequential challenges. The first obstacle that needs to be overcome by Tom Morris and his team is the replacement of the old head of the division, John Goodwin. Since the latter has spent his last ten years as head of the Corporate Identity Marketing Division, it may seem quite obvious that a change with regard to this position is not an easy one to get used to. It can be assumed that the CIM team has been growing stronger together over the last decade, not only on a performance†¦show more content†¦This unrest could affect employees on many varying levels. It may divide the workforce into two categories; those who support the change and those who prefer the current way of business which could possible lead to an 8% increase in employee dissatisfaction due to the breakdown of interpersonal relation between peers. (Chapman, nd) This could also change the company policies and administration, as well as a large quantity of the work itself. Thereby, leading to a possible 40% increase in employee dissatisfaction. If change is not made, the company does face a loss in prosperity and hindered growth. (Chapman, nd) Initially, Tom Morris needs to identify the risks and rewards of both courses of action in order to begin to find a solution. If the current working order is suitable and showing mediocre performance, then the need for immediate and drastic change is not completely necessary at this time. Therefore, leaving more time to delve further into the issue. I would also recommend to Tom, that he needs to sit and speak personally with his employees and try to understand the corporate change from their perspective and understand why it is that the employees resist change. There could possibly be factors that can be easily overlooked from the CEO chair. Once this is understood then its mandate depends on the future of the company to determine whether it is beneficial or detrimental. Tom could also

Case Study-Barclays Free Essays

BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS I. DISCUSSION QUESTIONS, CASE INTRODUCTION AND KEY POINTS Introduction The case covers the introduction of Matt Barrett as CEO of Barclays and the changes he introduced to the organization to maintain its competitive position within the retail financial services industry. In an increasingly competitive environment, Barclays is losing ground due to its lack of data-driven actions and small global presence. We will write a custom essay sample on Case Study-Barclays or any similar topic only for you Order Now The case outlines the actions taken by Barrett to transform some of the key characteristics of Barclays’ corporate structure, and concludes by presenting the challenge he will face in getting management buy-in in order to implement his vision. The key challenges that Barclays faces include: market consolidation, the emergence of the Euro and European Central Bank, increased reliance on IT and web-based platforms, and the rigidity of its own corporate structure. II. EXTERNAL ENVIRONMENT ANALYSIS Summarize the external environment, including conditions in the general, industry, and competitor environments. a. The General Environment Definition: The general environment is focused on the future and can be analyzed by considering the STEEP framework: Social/demographic, Technological, Economic, Environmental/geographic and Political/legal/governmental factors at play. 1. 2. 3. 4. 5. Social/Demographic Technological Economic Environmental/Geographic Political/Legal/Governmental Discussion Question 1: Perform a STEEP analysis to understand the general environment facing Barclays. How will Barclays be affected by external factors? In particular, what will the effect of globalization be in terms of threats and opportunities? Social/Demographic Segment ? English is becoming increasingly the world-wide language of business offering Anglophone Barclays opportunities to expand into international markets with reduced language barriers. BARCLAYS |1 BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS Technological: ? ? ? Increased world-wide reliance on IT and the emergence of web-based solutions in 2000 will elevate Barclays’ need to diversify portfolio offerings. Barclays’ must update its â€Å"woefully inadequate† Management Information Systems (MIS) and begin to automate labor intensive processes to reduce costs. In order to enter new markets to increase revenues and satisfy institutional investors, Barclays must invest in increased technology capabilities. Economic: ? ? ? Robust economic environment due to tech boom will increase liquidity in the marketplace. As a result, acquisitions will be more costly than in a down economy. However this will also cause capital to be more accessible. Market trends towards consolidation will pressure Barclays to regain its industry leadership position through acquisition. Globalization and world economy flattening will require Barclays to become a global company expanding its offerings beyond its current UK focus. Environmental/Geographic: ? Geographic borders and distances between countries are shrinking with increased technology and a globalized economy. This will both require and facilitate Barclays’ global presence. Political/Legal/Governmental: ? ? Emergence of the Euro and strengthening of the EU will reduce FX exposure for the European markets and stabilize European economies. European Central Bank will control interest rates in Europe making Barclays more vulnerable to its decisions (versus the decentralized banks prior to the Euro emergence). With an ever increasing number of banks operating across both political and geographic borders, Barclays must expand its reach beyond the UK to remain competitive and avoid a potential takeover. In doing this, Barclays must consider a set of threats and opportunities that are involved with operating outside the UK: Threats 1. Operating a multinational corporation involves managing across multiple cultures, languages, and economic environments – Barclays’ organizational structure must be flexible enough to adapt to these. . Low brand recognition internationally would make competition against local institutions costly. BARCLAYS |2 BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS 3. Relocation abroad requires high infrastructure costs. 4. Locating Barclays’ and its customers’ assets across multiple currencies exposes both to fluctuations in exchange rates. 5. Failed expansion into foreign market might damage brand image and alienate n ew customers. Opportunities 1. Increased global reach and brand presence. 2. Diversified risk. 3. Possibility to create new revenue streams through new customer acquisition. 4. Gain first mover advantage in emerging markets. 5. Increases attractiveness of Barclays to multinational corporations. b. The Industry Environment Definition: An industry is a group of firms producing products that are close substitutes. In the course of competition, these firms influence one another. Typically, industries include a rich mixture of competitive strategies that companies use to pursue above-average returns. In part, these strategies are chosen because of the influence of an industry’s characteristics. Compared with the general environment, the industry environment often has a more direct effect on the firm’s strategic competitiveness and above-average returns. The industry environment is the set of factors that directly influences a firm and its competitive actions and competitive responses. Porter’s 5 Forces Model is a powerful tool for understanding the dynamics amongst the five key factors that determine an industry’s level of rivalry and profit potential. [Outlined below, High=H; Medium=M; Low=L] 1. 2. 3. 4. 5. Threat of New Entrants (or barriers to entry) Supplier Power Threat of Product Substitutes Buyer Power Intensity of Rivalry Discussion Question 2: Use Porter’s Five Forces Model to analyze the retail financial services industry in the UK. Given this analysis, is the industry attractive or unattractive? The below Porter’s 5 forces analysis shows that the retail financial services industry in the UK is a potentially attractive industry due to low threat of new entrants, supplier power, and substitutes. On the other hand, medium buyer power and high rivalry within the industry could inhibit return possibilities. Threat of New Entrants (or barriers to entry): Low ? ? High infrastructure costs Barclays has high brand recognition within the UK, less so in its other markets BARCLAYS |3 BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS ? ? Regulatory and security issues make market entry complicated for smaller players NOTE: Mergers of existing banks, if considered ‘new entrants’, must be addressed given the consolidation trend existing in the market. Smaller regional banks could pull customers away from Barclays if they were to merge and offer more extensive services but retain local roots and connections. Supplier Power: Low ? Switching costs among IT suppliers low in a fragmented industry Threat of Product Substitutes: Low ? Traditional, paper based, systems have become outdated and are no longer feasible. Asset management advice is preferred by customers over DIY Buyer Power: Medium ? ? Price sensitivity of retail consumer (major revenue stream for Barclays) relatively high compared to that of corporate client Switching costs of retail consumer (major revenue stream for Barclays) relatively high compared to those of corporate client Intensity of Rivalry: High ? ? Customer loyalty and brand recognition make switching of banking provider less likely Large number of competitors within the retail banking space NOTE: Competition within the industry is based on both price and services The Competitor Environment c. Definition: The competitor environment is the final subject of analysis required to gain a full understanding of the company’s external environment. A competitor analysis focuses on each company against which a firm directly competes and involves gathering and interpreting information about its competitors. Competitive rivalry is the ongoing set of competitive actions and responses that occur among firms as they maneuver for an advantageous market position. Especially in highly competitive industries, companies constantly jockey for advantage as they launch strategic actions and respond or react to rivals’ moves. It is important to understand competitive rivalry because it influences a firm’s ability to gain and sustain competitive advantages. 3 I’s Framework Leveraging the 3 I’s framework provides a thorough overview by grouping competitors into three buckets: immediate competition, impending competition, invisible competition. BARCLAYS |4 BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS 1. Immediate Competition: Immediate competitors to Barclays are considered to be the major financial institutions located in the UK such as Lloyds TSB and RBS. These institutions are gaining increasing presence over Barclays due to their lower cost structures and improved efficiencies. 2. Impending Competition: Impending competitors to Barclays include international financial services firms such as Credit Suisse First Boston, and smaller firms operating in one of Barclays’ business categories such as investment advisory firms (Zoete Bevan, Wells Fargo Nikko). . Invisible Competition: Barclays’ invisible competitors include smaller UK based businesses that focus solely on a product offered by one of Barclays’ divisions, such as smaller mortgage lending businesses (Woolwich). III. INTERNAL COMPANY ANALYSIS Summarize internal company factors including: capabilities and weaknesses, value chain activities, strategy, and financial situation. a. Outline the company’s internal capabilities and weaknesses. Definition: Capabilities exist when resources have been integrated to achieve a specific set of tasks and are frequently developed within a specific functional area. In addition to identifying the company’s opportunities and threats from the external environment, another important objective of the situation analysis is to evaluate strengths and weaknesses as input for developing the company’s strategies. Discussion Question 3: What are the main capabilities of Barclays? Does Barclays have a core competence? Barclays’ main capabilities include retail financial services and corporate banking within the UK. The company’s core competencies (i. e. trengths relative to competitors that give it a competitive edge) include: a strong brand presence within the UK, a strong domestic franchise, new innovative leadership under Matt Barrett, and outstanding (276%) market cap growth from 1995-2000. BARCLAYS |5 BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS Discussion Question 4: Create a SWOT analysis to understand Barclays’ strengths and weaknesses. Does Barclays have a sustainable competitive advan tage in the retail financial services industry? If so, what is the source? Strengths 1. Strong brand presence within UK 2. 76% growth in market cap from 19952000 3. Strong domestic franchise 4. Strong new leadership with strategic vision (Matt Barrett) Opportunities 1. Opportunity to expand into global markets (Barclays Global Investors only 2% of business) 2. Ability to strengthen existing brand presence within Europe (10% of sales and profits) 3. Streamline cost sharing among business units (HR, IT, Finance, etc. ) Weaknesses 1. Cost to income ratio significantly higher than competition (business units operate as silos) 2. Narrow focus (61% of revenue from RFS, capital division focused on debt products) 3. Limited global presence (80% of profits from UK) Threats 1. Management reluctance to embrace new strategies, demoralized staff 2. Competitors have lower cost advantage 3. Stronger global presence of international competitors 4. Dissatisfied institutional investors 5. Inadequate IT systems can inhibit growth Barclays’ competitive advantage includes its: strong presence within the UK market both in terms of locations and brand recognition, strong innovative leadership, and international presence. Barclays’ business strategy has focused on growth within the UK and has not invested enough capital into international expansion. In a globalizing economy with rising multinational financial corporations, the lack of a strong international presence is something that could significantly hurt Barclays in the long-term, and even turn it into a takeover target as institutional investors continue to lose faith in the company. b. Conduct a Value Chain analysis to identify value-creating activities. Definition: By exploiting its core competencies, a competitive firm creates value for its customers. Value is measured by a product’s performance characteristics and by its attributes for which customers are willing to pay. Companies with a competitive advantage offer value to BARCLAYS |6 BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS customers that is superior to the value competitors can provide. Value is created by innovatively bundling and leveraging resources and capabilities. A value chain analysis provides information relative to primary (inbound/outbound logistics, operations, marketing sales, and service) and secondary (firm infrastructure, human resources mgmt, technological developments and procurement) activities. A value chain representation of Barclays’ primary and support activities is presented in the diagram below. This information can be used to establish a business strategy which targets select activities to create a sustainable competitive advantage. Primary Activities ? ? ? ? Inbound/Outbound Logistics: N/A Operations: o Strong focus on Retail Financial Services (RFS), account for 61% of revenue o Sold cash, equities, and corporate finance businesses to focus on debt products Service: N/A Marketing and Sales: o Strong focus on UK market and low global presence o Reliance on UK brand recognition Support Activities ? ? ? HR Management: o Executive committee not performing as decision making team o Higher than average staff expenses put heavy strain on cost structure Technology Development: o Management Information Services (MIS) system is outdated and inadequate Firm Infrastructure: BARCLAYS |7 BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS o Divisions operating as silos (each has own HR, IT, etc. ) o Lack of data driven decision making processes o Introduction of the Euro and the European Central Bank affect Barclays’ exposure to foreign exchange as well as interest rate changes both for the company itself and its clients Procurement: N/A Discussion Question 5: Which components of Barclays’ value chain have made the company successful thus far? What changes to Barclays’ organizational structure and focus are necessary for Barclays to remain competitive? Barclays has become a major player in the banking industry through strong brand presence within the UK, earning it one out of every five personal customers, and a clear focus on Retail Financial Services (RFS). However, both its UK presence and RFS focus have failed to provide a sustainable competitive advantage for the company. In order to remain competitive within the banking industry, Barclays must examine and redesign various components of its value chain including: 1. Focus on Retail Financial Services: a. Barclays must expand its focus beyond RFS by creating new product offerings for corporate customers and further expanding internationally to give newly acquired corporate customers global access. 2. Outdated and inadequate MIS system: a. In order to manage its internal functions efficiently, Barclays must adopt technological innovations and update its MIS system. 3. Lack of data driven decision making: a. In order to compete in an industry driven by statistics and analytics, Barclays must emphasize data driven decisions throughout its corporate structure. 4. Fragmented core divisions: a. Operating fragmented core divisions such as HR and Finance creates additional costs as well as bureaucracy and inefficiencies. Barclays must consolidate these shared services. BARCLAYS |8 BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS c. Financial Analysis Definition: Financial analysis is used to assess the viability, stability and profitability of a company or operating division. The analysis is done using quantitative historical performance found in the financial reporting documents (Balance Sheet, Income Statement, and Statement of Cash Flows). The goal of the analysis is to understand a company’s financial health through its profitability, solvency, liquidity, and stability. Given the financial information provided in the case, it is clear that Barclays is lagging behind its competitors in cost control measures, and has allowed both PPE and Staff Expenses to rise above its competitors’ average. Operating expenses as % of income In addition, an analysis of the company’s divisions and their respective earnings contribution reveals that Barclays heavily relies on its Retail Financial Services division for a large portion of its earnings; this suggests that diversification might be needed. NOTE: Further analysis into the average contribution of each revenue stream for other players in the industry is needed before diversification can be en tirely justified. BARCLAYS |9 BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS IV. STRATEGY FORMULATIO N Summarize Barclays’ strategic position as it relates to its current strategy and the components thereof. a. Summarize Barclays’ current strategy. Barclays’ current strategic objective is to drive profits by consolidating internal functions and expanding its international presence. The company is a major player in the UK financial services and retail banking industry but has lost ground internationally despite rapidly rising market capitalization. Fragmented internal divisions and a lack of aggressive expansion have brought up the need for extensive managerial and structural changes to the firm. This prompted the hiring of a new CEO, Matt Barrett, who established a series of restructuring goals for Barclays to remain competitive. b. Strategic Analysis Definition: Conduct an analysis of Barclays’ business strategy by using the 4 P’s Framework. The 4 P’s Framework is used to understand a company’s strategy based on its Position (Mission, Values, and Vision), Priorities, Payments (what it will spend its money on to reach those priorities), and Performance (how it will measure success). By completing the framework, we can analyze a company’s current, future, or recommended priorities as well as set forth a path in order to achieve goals and measure accomplishments. Use the 4 P’s Framework to analyze the firm’s past/current/future strategy. 1. Position a. Mission: To provide innovative products, excellent careers, positive community contributions B A R C L A Y S | 10 BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS b. Values: Fact based decisions, customer service, and value maximizing strategy c. Vision: To be one of the most admired financial service organizations in the world 2. Priorities: 1. Develop cross-group synergies to lower costs and improve efficiency 2. Expand reach of Barclays brand abroad through strategic alliances/acquisitions 3. Continue to diversify existing business portfolio 3. Payments: 1. Invest in adequate IT systems 2. Invest in human capital initiatives to align incentives and boost morale 3. Invest in marketing and strategic alliances/acquisitions in underserved regions/segments 4. Performance: 1. Shareholder returns vs. peer institutions 2. Customer and revenue growth (double profits in four years) 3. Increased profit due to lower costs and increased efficiency (reduce costs by ? 1bn) Discuss possible recommendations that Barclays could follow going forward to improve the performance of the company. Determine the decision criteria and also analyze the pros and cons of each recommendation. In order to remain competitive within the marketplace, Barclays must: 1. i. ii. iii. 2. i. ii. 3. i. ii. iii. Develop cross-group synergies to lower costs and improve efficiency by: Rebuilding core infrastructure to consolidate HR, IT, and Finance groups across individual divisions Reducing costs by 18% (? bn) Realigning incentives to reward value-add decisions; Expand Barclays brand abroad though: Increased brand presence in Europe to enter top 5 ranking Strengthening of the brand in US and Africa; Continue diversifying the existing business portfolio by: Expanding Barclays product and service portfolio to strengthen weak or underrepresented areas to serve affluent/high net worth segments Decrea sing reliance on Retail Financial Services by strengthening Barclays Capital and Barclays Global Investors divisions Entering new markets by acquiring major players (e. g. Woolwich). B A R C L A Y S | 11 BARCLAYS: MATT BARRETT’S JOURNEY – WINNING HEARTS AND MINDS Question Reduce staff expenses Option / Hypothesis Reduce labor costs by increasing automation Decision Criteria ? Cost/Benefit analysis ? Effect on employee morale ? Technology capabilities ? Revenue growth ? Barriers to entry ? Effect on current resources ? Revenue Pros †¢ Long term cost reduction †¢ Streamlining of processes †¢ More control over information flow and analysis †¢ Does not cannibalize existing revenue streams †¢ Increase global reach and brand presence †¢ Diversifies risk †¢ Existing customer loyalty and brand presence †¢ No need for customer acquisition Cons †¢ High up-front cost †¢ Lengthy implementation period †¢ Technology risk †¢ Negative effect on employee morale †¢ High cost †¢ High risk and FX exposure †¢ No trial period †¢ Culture clashes, integration logistics †¢ Might stretch resources too thin †¢ Requires investment in infrastructure and human capital †¢ Requires new expertise Diversify target markets Increase revenue through new market entry with current product suite Diversify product offerings Increase equity and investment banking focus of Barclay Capital division growth ? Barriers to entry ? Effect on current resources B A R C L A Y S | 12 How to cite Case Study-Barclays, Free Case study samples