Wednesday, December 11, 2019

Business Of Financial Modeling Fundamental -Myassignmenthelp.Com

Question: Discuss About The Business Of Financial Modeling Fundamental? Answer: Introducation Decision - making is a part of our daily lives. For any human - being, its a daily activity and there is no exception to that. For a business entity, decision making is a habit and a process as well. A 'decision' is referred to as the course of action chosen among a set of alternative actions so as to achieve the organizational goals. Decision making is an ongoing process and indispensable component for management of organizational activities (Berman, Knight and Case, n.d.). Corporate decision making takes place at various levels of the entity and can either be top-down or bottom-up. The top down decisions are made by the top management and the decisions are passed on down the corporate ladder for the implementation purpose. On the other hand, the bottom up decisions are taken by the middle line managers based on the conditions circumstances existing in the internal environment of the firm. What is always noticed is that the top level decisions are related to policies, strategies, focus directions while bottom level decisions are related to day-to-day operations. The middle management is often referred to as the 'sandwich' layer because they are responsible for implementing the decisions made and have to accordingly decide the process of running their teams as well as communicate it to the lower level workers. The point to he stated over here is that in any process of corporate decisions, the critical role is being played by the actual implementors since even the best profitable plan can lead a firm nowhere if there is no commitment from the middle management (Bruner, Eades and Schill, 2017). Hence, alot of organizations organize off site meetings at resorts or hotels and briefs the management about the decisions taken and the impact of such decisions on the organization. Corporate decision making is successful as long as there is a glue to keep the organization together in the form of encouraged leaders or an organizational culture that values stability and coherence. Once any of these conditions are lost, the firm falls in its own trap and this leads to loss of competitiveness of the company (TULSIAN, 2016). Capital Budgeting Capital budgeting is the process by which the business analyzes the large amount of investments expenses that are large enough to affect an organization's future. Usually, these investments include projects such as building a new plant or purchase of heavy machinery. In this case, a project's cash inflows outflows are being assessed so as to determine whether the returns that are being generated meet the required benchmark or not. This is also known as 'Investment Appraisal'. For a business, it is advantageous to take up all the opportunities projects but due to the limitation of capital at that point of time, capital budgeting techniques are being used so as to analyze the maximum returns from all the avaliable projects at that point of time and thereby, choosing the best course of finance. Various tools of capital budgeting involves NPV, IRR, discounted payback period, etc (Clarke and Clarke, 1990). Example on NPV and IRR Year A B 0 -80000 -80000 1 20000 - 2 24000 - 3 20000 - 4 27000 65000 5 30000 75000 Required rate of Return 12% NPV of Project A Year Cash Flow Present Value of Cash Flows 0 -80000 -80,000 1 20000 17,857 2 24000 19,133 3 20000 14,236 4 27000 17,159 5 30000 17,023 NPV 5,407 NPV of Project B Year Cash Flow Present Value of Cash Flows 0 -80000 -80000 1 - - 2 - - 3 - - 4 65000 41,309 5 75000 42,557 NPV 3,866 Calculation of Internal Rate of Return of each project For Project A: For Calculation of IRR, Inflow=Outflow Let be IRR 14.50% then PV of Inflows Year Cash Flow Present Value of Cash Flows 1 20000 17,467 2 24000 18,306 3 20000 13,323 4 27000 15,709 5 30000 15,244 Therefore, at 14.50% Pv of Inflows = PV of Outflows (80,000). Hence IRR is 14.50% For Project B: For Calculation of IRR, Inflow=Outflow Let be IRR 13.15% then PV of Inflows Year Cash Flow Present Value of Cash Flows 1 - - 2 - - 3 - - 4 65000 39,655 5 75000 40,438 Therefore, at 13.15% Pv of Inflows = PV of Outflows (80,000). Hence IRR is 13.15% Various capital budgeting techniques includes : Sensitivity analysis- Sensitivity analysis is the tool which helps to determine the effect of change of independent factor on the dependent factors given different situations and assumptions. It is used keeping in mind certain limitations which are dependent on the input factors. One of the most common examples of sensitivity analysis is effect of changes in market interest rates on securities. The technique of sensitivity analysis helps to measure the responsiveness of one factor based on change in other. It helps to analyse the effect of decision making on one or more inputs. This helps to understand the behaviour of the factors by changing the model (Taylor, 2008). Example on Sensitivity analysis: Given a situation, we have Mr. A, who is a sales manager of a store; he wants to comprehend the effect of increase in customer base on the operating revenue. Based on findings and research Mr. A came to a conclusion that the sales are directly related to volume and product pricing, creating a function between all these factors. The product price was $50 per unit, and the sales volume achieved last year by Mr. A was 10,000 units, earning himself total revenue of $500000. Doing a little more study, Mr. A found out that an increase in customer base by 10 percent would help him increase the revenue by 3 percent. This whole situation is a great example of sensitivity analysis, of how on independent variable would affect a dependent one in the given scenario. With the help of available information, Mr. A can now calculate the expected increase in revenue by estimating the increase in customer base (Galbraith, Downey and Kates, 2002). Sensitivity analysis and Capital Budgeting The technique of sensitivity analysis helps to analyse the affect of various variables on the outcome of the project. This help the investor understand the effect of change in cash flows, interest rates and other variables on the outcome of the project. Capital budgeting is the way which helps the investor understands the viability of a given project. Sensitivity analysis helps them understand the volatility of change in outcome whenever any input variable is changed. Sensitivity analysis helps us understand the effect of change in one estimate or one assumption on the entire outcome of the capital budgeting technique. Therefore, we can say that sensitivity analysis helps double check the results of capital budgeting given different situations and assumptions (Shim and Siegel, 2008). Scenario Analysis : This analysis is a process of analyzing decisions by considering all the possible outcomes and is designed in such a way so as to see the consequences of an action under different set of factors. It involves determining the 'expected value' of an investment assuming specific changes in the key factors such as interest rates, etc after a particular period of time. For example, the difference in the investment's NPV due to variations in inflation. This is basically a 'what-if' analysis and determines the changes in the value of the portfolio based on happening of different scenarios. Scenarios created should be feasible enough to provide an accurate picture of the possible outcomes (Hassani, 2016). Basically, an analyst is required to determine the level of risk present within an investment. The most common approach out of various approcahes is called standard deviation of monthly or daily security returns and then, computation of the expected value of the portfolio if each security shows returns that are above or below the average returns by being two or three standard deviations. An analyst is required to assess the reasonable certainty at a particular period of time concerning the changes in the value of a portfolio. Now,it is important to distinguish scenario analysis from sensitivity analysis as often, these two are considered to be more or less same (Holland and Torregrosa, 2008). However, there is a sharp difference between both of them. Considering an example, suppose an equity analyst wants to analyze the effect of earnings per share (EPS) on company's valuation by using price to earnings (P/E) multiple technique and therefore, is required to conduct both sensitivity scenario analysis. Here, while conducting sensitivity analysis, variable price EPS affecting the valuation will be determined and then, all the possible outcomes are being recorded. However, when conducting scenario analysis, different outcomes are to be formed based on an scenario. For example, an analyst has to determine a certain scenario such as marketing crash or changes in regulations of the industry. Based on that, he uses different variables to suit that scenario. Keeping all these factors at one place, the analyst would be acquainted with range of outcomes, given all extremes and a clear picture of different outputs based on different set of inputs characterized by real life scenarios (Khan and Jain, 2014). Break Even Analysis : This analysis involves the determination of a point where the company's net income would be zero, that is, there is no profit no loss. This point refers to as 'breakeven point'. By definition, the company determines a point where it is generating enough revenue so as ti cover all the expenses incurred during an accounting period (Saltelli, Chan and Scott, 2008). It is to be stated over here that breakeven analysis is different from payback period as payback period is used to find the period in which the initial investment is to be paid back, while breakeven analysis is concerned with equalling of revenue and total costs with zero net income. This analysis analyzes the number of sales required to pay off the costs of doing that business. Now breakeven analysis involves two concepts where one is being viewed from accounting perspective and one from financial perspective (Saunders and Cornett, 2017). Financial breakeven analysis : An NPV breakeven occurs when the initial investments gets equal to the cash flows and NPV turns out to be zero. Thus, to determine a breakeven point, an analyst has to determine that level of sales where the NPV of the project comes out to be zero. Accounting breakeven analysis : Here, the breakeven happens when the total revenue equals total cost and there is neither loss nor income. This can be reached by computing the variable costs to sales ratio. For example, the ratio comes out to be 0.80, that means with every rupee of a sales of each unit, contribution is 0.20. Thus, the contribution margin ratio comes out as 0.20. And therefore, the breakeven point is calculated by (Palepu, Healy and Peek, 2016) : BEP = (Fixed Cost + depreciation) /Contribution Margin Ratio. Simulation Analysis : The term 'Simulation' refers to pretending of some action or more precisely, imitation. It makes use of statistical data so as to figure out the average outcome of a scenario based on complex multiple factors. The statistical distribution is being estimated for each input and simulation analysis is done to see the effect of changing inputs on the output. It is a dynamic analysis that considers the probabilities of changes or interactions among possible variables. This is used in various areas of business such as bond pricing (Phillips, 2014). It is designed in such a way to see the impact on the outcome on an average when there are possible changes in the inputs. Each potential factor is assigned a statistical or probability distribution that could change the results of an investment. For example, the default on bonds is being estimated to be 20%. Simulation analysis is useful for in depth understanding of the capital budgeting for enhancing the investment decisions. However, it is not able to handle uncertainties. Also, it aint a good remedy of all problems as significant inter relationships between different variables, if overlooked, would lead to misleading informations wrong results and decisions (Reilly and Brown, 2012). Conclusion This assignment has made me learn and know the importance of capital budgeting and its various techniques which are discussed here. Evaluation of risks, long term investments involves high considerable risk and are capital expenditures. This investments are huge in nature and therefore, once the decision is being made or amount is being invested, it is irreversible in nature. Therefore, capital budgeting is being used for proper planning. Choosing of Best course of action, capital budgeting helps a company to choose the best course of action that would yield the best possible returns (Fairhurst, 2015). Its main concern is to increase the shareholder's wealth and helps a company in achieving an edge in the market. Sustainability or Long Run of the business, capital budgeting believes in optimum results, that is, best maximum profits with minimum costs and best utilization of resources. Thus, it helps in avoiding under or over investments and thereby, helping in sustainability of an en tity in a long run perspective. References Berman, K., Knight, J. and Case, J. (n.d.).Financial intelligence for HR professionals. Bruner, R., Eades, K. and Schill, M. (2017).Case studies in finance. Dubuque, IA: McGraw-Hill Education. Clarke, R. and Clarke, R. (1990).Strategic financial management. Homewood, Ill.: R.D. Irwin. Fairhurst, D. (2015).Using Excel for Business Analysis A Guide to Financial Modelling Fundamenta. John Wiley Sons. Galbraith, J., Downey, D. and Kates, A. (2002).Designing dynamic organizations. New York: AMACOM. Hassani, B. (2016).Scenario analysis in risk management. Cham: Springer International Publishing. Holland, J. and Torregrosa, D. (2008).Capital budgeting. [Washington, D.C.]: Congress of the U.S., Congressional Budget Office. Khan, M. and Jain, P. (2014).Financial management. New Delhi: McGraw Hill Education. Palepu, K., Healy, P. and Peek, E. (2016).Business analysis and valuation. Andover, Hampshire, United Kingdom: Cengage Learning EMEA. Phillips, J. (2014).Capm / pmp. New York: McGraw Hill. Reilly, F. and Brown, K. (2012).Investment analysis portfolio management. Mason, OH: South-Western Cengage Learning. Saltelli, A., Chan, K. and Scott, E. (2008).Sensitivity analysis. Chichester: John Wiley Sons, Ltd. Saunders, A. and Cornett, M. (2017).Financial institutions management. New York: McGraw-Hill Education. Shim, J. and Siegel, J. (2008).Financial management. Hauppauge, N.Y.: Barron's Educational Series. Taylor, S. (2008).Modelling financial time series. New Jersey: World Scientific. TULSIAN, B. (2016).TULSIAN'S FINANCIAL MANAGEMENT FOR CA-IPC (GROUP-I). [S.l.]: S CHAND CO LTD.

Tuesday, December 3, 2019

Women In Literature Essay Example For Students

Women In Literature Essay The changing role of women in literature from the late 8th century B. C. to the4th century A. D. is evident in that women become even more subservient in laterworks. This is portrayed in the works The Odyssey by Homer and Sakuntala byKalidasa. Women are treated more like slaves in Sakuntala, while they are seenmore like equals in The Odyssey. However, in Sakuntala, women are given moreresponsibilities, suggesting that people of the time viewed women capable ofdoing more things and perhaps more intelligent, instead of being seen asornamental, as in The Odyssey. The Odyssey was written in a time when men playedthe dominant role. In ancient Greece, women occupied a subservient position. We will write a custom essay on Women In Literature specifically for you for only $16.38 $13.9/page Order now Society was organized and directed by men, and all of the most importantpositions in society were held by men. Women were valued, but they participatedin the affairs of the world only when they had the permission or open approvalof the men who directed their lives. The literature of this time illustratesthese social conventions. No reader of The Odyssey can help having vividmemories of the poems outstanding female characters. There are many women inThe Odyssey and all of them contribute in meaningful ways to the development ofthe action. In addition, the poet treats them seriously and with respect, as ifthere were no difference between his attitude toward them and his feelingstoward the men. Among the memorable women in the poem are included: Nausica, theinnocent young girl; Arete, the wise queen and mother; Kirke and Kalypso, themysterious temptresses; Penelope, the model of devotion and fidelity; Helen, therespectable middle-class matron; and others, like Eurykleia and Melantho, wh ohave much smaller roles, but equally well defined personalities. Finally, thereis Athena, the goddess, who more than any other of these women, is intelligent,sophisticated, and independent, just like the way modern society has come to seewomen. The influential feminine roles in The Odyssey also have important effectsupon the whole poem. It is in The Odyssey that such ideas as love, familyloyalty, and devotion, and other such important ethical attitudes, areillustrated. It is the presence of these unconscious moral lessons that makesThe Odyssey so unique to its genre. In a way, The Odyssey is not just the taleof the wanderings of Odysseus. The poet has made it, also, into a sort ofcatalogue of women, in which he examines women of all kinds and fromall walks of life. These feminine portraits are almost always objective andfair; Homer never made judgments, and each of these women has a certain appeal. It is interesting, however, that the woman who is most worthy of respect andaffection is not a mortal. Homer seems to comment that no human being coulddevelop herself in this way. His admiration for Athena is made even more evidentby the fact that she, and not Penelope or another woman, is the heroine of thepoem and the sole companion and confidante of Odysseus. It is only in our modernworld that women have been given the opportunity to fully utilize their talentand ability, in order to become equal and contributing members of society, likeAthena seems to be. In Sakuntala women are portrayed to play more of asubservient role than they were in The Odyssey. Even though the women in TheOdyssey are looked upon merely as someone to cook and clean and bear thechildren, they play major roles in the poem. In Sakuntala the women play nomajor roles in the poem, at least not anything like the women played in TheOdyssey. Sakuntala herself plays a very demeaning role being forced to do allthe cho res, the gathering of food, and the manual labor around the house. Thisis much different than in The Odyssey where the man was the one who did most ofthe chores, brought home the food, and most of the manual labor about the house. .uf6e40db3ecc9ee842b0376060d254737 , .uf6e40db3ecc9ee842b0376060d254737 .postImageUrl , .uf6e40db3ecc9ee842b0376060d254737 .centered-text-area { min-height: 80px; position: relative; } .uf6e40db3ecc9ee842b0376060d254737 , .uf6e40db3ecc9ee842b0376060d254737:hover , .uf6e40db3ecc9ee842b0376060d254737:visited , .uf6e40db3ecc9ee842b0376060d254737:active { border:0!important; } .uf6e40db3ecc9ee842b0376060d254737 .clearfix:after { content: ""; display: table; clear: both; } .uf6e40db3ecc9ee842b0376060d254737 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf6e40db3ecc9ee842b0376060d254737:active , .uf6e40db3ecc9ee842b0376060d254737:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf6e40db3ecc9ee842b0376060d254737 .centered-text-area { width: 100%; position: relative ; } .uf6e40db3ecc9ee842b0376060d254737 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf6e40db3ecc9ee842b0376060d254737 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf6e40db3ecc9ee842b0376060d254737 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf6e40db3ecc9ee842b0376060d254737:hover .ctaButton { background-color: #34495E!important; } .uf6e40db3ecc9ee842b0376060d254737 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf6e40db3ecc9ee842b0376060d254737 .uf6e40db3ecc9ee842b0376060d254737-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf6e40db3ecc9ee842b0376060d254737:after { content: ""; display: block; clear: both; } READ: Myth Origins EssayIn ancient Greek times, women were seen as more delicate and placed figurativepedestals. They were expected to take care of the house, but this only includedmaking sure everything ran smoothly, and delegating chores and responsibilities. They were not actually expected to do the manual labor themselves. Some of theimportant women in Sakuntala include: Sakuntala, the lover of nature and theprospective heroine of the play; Anasuya and Priyamvada, aides of Sakuntala andwomen you help in her chores; and Mother Gautami the first hand maiden of fatherKanva and caregiver of Sakuntala. Even though they are seen as more subservientand have to perform more of the meaningless tasks they are still valued andloved. This is seen through the love that Dusyanta feels for Sakuntala and alsoin the despair he shows when he realizes he has turned her away. The changingrole of women in literature can be seen by reading and comparing Homers TheOdyssey and Kalidasas Sakuntala. The women in both works are highly valued themen close to them but not as much in society. Women can actually be seen asregressing instead of progressing in that they are made to seem more subservientin the later work. BibliographyHomer. The Odyssey. Trans. Robert Fitzgerald. 1961, New York: Vintage-Random,1990. Kalidasa. Sakuntala. Trans. Barbara Stoler Miller.

Wednesday, November 27, 2019

Evil flaw in God or necessity for our sake an Example by

Evil: flaw in God or necessity for our sake? The question of why God allows evil is extremely difficult to answer if we ask it in terms of classical Christian theology. Indeed, if God is not only omniscient and omnipotent, but also the kindest in existence why does he allow evil and suffering? For the sake of argument, we shall accept the Christian position: that God takes an active position in humanitys lives, and that he, in his infinity, knows and cares about individual lives, not treats them as we would treat cells of our own body with care, but a disinterest in each individual cells life. Need essay sample on "Evil: flaw in God or necessity for our sake?" topic? We will write a custom essay sample specifically for you Proceed There are a number of classical explanations to the phenomenon of evil in this context. One of them, expounded upon most by the renowned John Hick, is the so-called soul-making theodicy. It states that God created not slaves to live, not dolls, but children that evolve and children must be taught. As anyone who had to deal with children can tell you, there must be two ways of education: the whip and the candy, bitter and sweet. Only in balance they are effective. If we are not playthings to have fun with, but indeed Children of God, then we must go through all of the lessons we can. If we are Children, then we live through Gods own experience, to get closer to infinity with every one. In Christian theology, God allowed his son to partake of human pain and fear indeed, a mirroring process to what happened in the beginning, when God allowed humans to partake of his own worst qualities. When God created children, he gave them the ability to learn for what else could free will be? - a place to learn and grow, and the necessity to do so. Indeed, the best of circumstances to aid us in rising to his level. To be like God, to be above all of creation, even the angels, we must know all aspects of his existence including evil. How can evil exist in a perfect creature, for surely, perfection denies evil? In my humble opinion, to deny God evil would be to limit him. People always seem to forget for some reason that a truly infinite being would not only be the kindest in existence, but also the cruelest. God is infinity, he is beyond good and evil, he is beyond cruel and kind. He is always both. He is the spectrum itself, not any of its ends. He is the merging of opposites, something we, with our thoroughly dual perception, cannot comprehend. People have always wanted to place shackles on infinity, as on anything we cannot understand. Even in math we must work with limits to somehow appraise it, to use it. Yet, humanity fails in shackling infinity time and time again, because we are finite in ourselves, however we may try to go beyond our finiteness. We are attempting to bind reality with illusory chains, and are utterly unsuccessful, though we may at times amuse ourselves with false tales of victory. The ways of God are incomprehensible so goes the classical quote. Indeed, we can have no idea of what goes on within the mind of a sentient creature so far beyond us, however much we wish to. We have no idea what he might consider good or useful, or how he perceives things. If we take Christian theology, we can know for certain that he can think at the human level Jesus being proof but wherever did humankind get the idea that this human level is the most important? God is a creature with his own plans, and while they both concern us and with us, it is not necessary that the latter outweigh the former. Even if he cares for us more than for the rest of creation, we persist in our anger. Though we, in thinking logically a bit, know that evil that we perceive may be lesser, or not evil at all, when looked upon from the grander scale of things and if God is all-kind, he surely works to prevent evils that are too great for us to work with, as a student is given progressively tougher exercises. Yet, like a child from whom a too-dangerous toy may be taken away does not understand why the parents act as they do and is angry, so are we angry with a God who, by definition, knows better in his omniscience. We are not angry with him for saving us - but when he goes against the illusion we have built ourselves of him. As we can see, God has no reason to be kind. He is infinite, and he can be as cruel or kind as he wishes, as he is, in truth, beyond that or not infinite. He does not owe it to us to care about us. Yet, even if we presume that he cares about us, we can see that evil is absolutely necessary for our growth, for us to expand and learn more of both God and ourselves. And last, as a point to think about, does not Murphys Law state that something can always get worse? We have no idea what God is truly preventing from happening to us indeed, humans likely might have died out all too long ago. Yet we exist thanks to this great balance of duality, which is truly necessary for our ongoing life and evolution. End Notes John Hick's Official Web Site,August 5, 2005. The Three Initiates, The Kybalion,August 5, 2005.

Sunday, November 24, 2019

Film Noir, Vincent Vincendeau essays

Film Noir, Vincent Vincendeau essays The theme of this French article is the French antecedents of film noir. Film noir is a term used to describe the large body of films in America in the period of 1941-58, generally they focus on urban crime and corruption, on sudden episodes of violence in a culture whos fabric seems to be unravelling. They crumble the American dreams most basic promices, of hope prosperity and safety from persecution. Film noir is a term given to films of the 40s and 50s in America by some French film critics translated as black film they were often based on crime fiction. The articles sarcastic title gives an impression of Ginette Vincendeaus appreciation of early French cinema and its links with film noir. In the article he discusses a study conducted by French critics of the mid 50s, Raymond Boyde and Etienne Chaumeton. In their book they dismiss the European influence on American film noir as feeble and the French as especially insignificant. Vincendeau suggests that their analysis is in some respects unarguable because French cinema on the whole is Realist unlike film noirs surreal styles. Visual motifs of dark, low key lighting Vincendeau states a less bias and more thoughrough look at the french cinema of the 1930s reveals strong intertextual links with American film noir, via film makers careers, filmic re-workings and more diffuse cultural references. Major contributors to film noir- Robert Siodmark, Fritz Lang, Billy wilder, Max Ophuls, Jaques Tourner and Chris Bernhardt had seen plenty of French films of the 1930s. They had been sent to France under the Nazi regime and film industry internationalion only ...

Thursday, November 21, 2019

Competitor Analysis Assignment Example | Topics and Well Written Essays - 500 words

Competitor Analysis - Assignment Example The hotels compete for the common market with the Baldwin hotel by manipulating their service and product bouquets. Among their features of competitions are the seven Ps of marketing including price, product, place and profit among others. Established in 1998, the Powell hotel is a state of the art facility sitting at the heart of the city at the Union square. The vantage position gives the hotel unparalleled access to the shopping malls and centers in the city. Owing to this, the hotel is therefore a favorite for different tourists who visit the city to shop. The hotel has deluxe rooms among other comfort facilities to attract the affluent class. Located next to one of the greatest landmarks in the city the Chinatown dragon town, the Baldwin Hotel boasts high quality five star services ranging from deluxe rooms, customized cuisines and fully furnished conference facilities among many others. Additionally, the business operates with a robustness and dynamism that exhibits a competition conscious marketing and management departments. It has a steady market share that keeps it operational everyday but just as with any other business the hotel strives to expand its market by beating its competition in introducing new product and service categories. The hotel targets the middle class tourists who frequent the city from different regions. The provision of conference facilities is a new service that targets business organizations. Hotel Carlton another competitor in the city enjoys strategic position at the eastern entry of the city thus promising convenience to its customers. The hotel offers diverse services including car rental, bed and breakfast and conference facilities among others. It has deluxe rooms with luxurious facilities such as digital television, free internet, and hot bath among many others. The two hotels have a specific target market, most of their services are tailored for a typical tourist who seeks convince to

Wednesday, November 20, 2019

Philosophy Essay Example | Topics and Well Written Essays - 500 words - 2

Philosophy - Essay Example Therefore, we are certainly not planning to take the legislation lying down. There are also those who will manage to pay the extra tuition fee one way or the other, and will not be forced to leave college. But they too realize that this increase will result in wastage of talent and violation of merit. It will also reduce opportunities for young people and promote economic inequality in a society which is already haunted by its ill-effects (such as unsettling urban crime rates). Protests can be very effective as they can demonstrate clearly to lawmakers the unpopularity of certain legislation. They can perchance sway them, and force them to reconsider their allegiances. Protests and acts of civil disobedience are sure to swiftly put the issue in media spotlight, which will get it the attention that it deserves. Protests can provide an effective means of mobilizing public opinion for a particular cause, and can help earn support from a wide range of people. Nonviolent protests and acts of civil disobedience have been carried out for worthy causes in the past. I intend to participate in such activities to make myself heard, and draw attention to this pressing concern. Part 2 The realm of ethics (not unlike other branches of knowledge) is fraught with conundrums and complications. But ethical decision-making is a necessity.

Sunday, November 17, 2019

MHE512 Disaster Relief Module 3 Case Essay Example | Topics and Well Written Essays - 1000 words

MHE512 Disaster Relief Module 3 Case - Essay Example Considerably, the importance of the mission of relief and recovery operations are practically given way through the application of common good and virtues culture in providing assistance. The value of common good directly implies a rather important sense of realization when it comes to providing help to those who need the assistance.2 The common good allows a better chance for the relief operations to be focused on matters that affect the majority of individuals who were victimized by the tragedies or natural calamities and be able to answer the call for the said need. Directly to, applying virtues in the process would provide the rescuers with the patience that they need to keep on pursuing the matters that the people they are helping really need and stop the deeper sense of discrimination among those who are being helped from the position of those assisting them. It is only through the application of common good and virtues culture of handling relief and recovery service to victims of calamities and disasters that the procedure of helping becomes directly effective and applicative in assisting those in need towards the instance of keeping a great chance of proving the victims with the attention that they need regardless of the differences that they may have against each other. Also, it should be noted that the application of... tivity makes it easier for the providers of service to keep their procedures in line with the law and the different guidelines that are carried on to assure that the victims' welfare are well attended to. Critically, these considerations assist every individual given the responsibility to provide relief the right position and motivation towards actually giving attention to the different approaches used to make it better for the victims to recover from the situations that they ought to grow out from later on to be able to move on in life. 2)In your opinion was the compensation to the victim's families fromthe 9-11 terrorist's attacks on America raised the expectations of a similar compensation to victims from other disasters. If you considered it ethical to provide compensation to the victims of 9-11 would you apply the same ethical approach to the victims of Hurricane Katrina If not, would you apply another ethical approach What about the victims of future major disasters The equalization of the procedures and budget when it comes to providing victims of calamities and tragedies around the different states in concern is a huge matter to be given attention to by the officials appointed for the directive considerations that need to be undergone to be able to help victims recover from the situations that they have been under. Why is this so Likely, the idea of keeping the victims supported for them to successfully recover from the situations that they have to ponder with comes with great ethical balancing of focused elements. This includes the balanced approach of relief and recovery service given to all the victims of such situations. For instance, those who have been under the 9/11 tragedy have been well compensated by the government due to the fact that the fatigue