Source of finance Assignment Example | Topics and Well Written Essays - 1000 words

Wellspring of money - Assignment Example t, CLA Charitable Trust, Peter Bilton Charity, Peter Harrison Foundation, Steven Gerrard Foundation, Rank Foundation Small Grants and Trusthouse Charitable Foundation. The significant wellsprings of subsidizing for the incapacity sports in the United Kingdom are Sport England, National Lottery Fund and the Big Lottery Fund. Financing for sports is primarily done through the Sport England. Game England is an association that screens and controls sport exercises in the United Kingdom. A large portion of the game finances that account sport exercises in the United Kingdom go through the Sport England. The association has various projects that are pertinent to various candidates requiring subsidizing for their game offices. In the first place, Sport England has the Inspired Facilities reserve of 110 million pounds that offers financing of game offices as much as 150000 pound awards for advancement and updating of sports offices. The Inspired Facilities subsidize for the most part targets improving and repairing sport clubs and changing non-wearing spaces or settings into present day sport offices. The inability sport venture is a qualified task that can be supported by the Inspired Facilities subsidize from Sport England. Concentrating on the inability sport building venture that requires 9 million pounds to be finished, the administration of the undertaking can apply for the Inspired Facilities concedes in this way accepting a subsidizing of around 1500000 pounds (Sport England site refreshed 2015). Game England gives subsidizing to handicap sports through the Strategic Facilities Fund program. Game England has designated 30 million pounds of its financial plan to the Strategic Facilities Fund that guarantees that neighborhood sports ventures get explicit offices they require in the turn of events and advancement of the games offices. The Strategic Facilities Fund offers awards extending from  £500,000 to  £2,000,000. The Strategic Facilities store may subsidize the inability sport office venture  £2,000,000 (Sport England, 2014). Game

Electrical Appliances Good Retail Marketing Essay

Electrical Appliances Good Retail Marketing Essay Goa is Indias littlest state by region and the fourth littlest by populace. Situated on the west shore of India in the district known as the Konkan, it is limited by the territory of Maharashtra toward the north and by Karnataka toward the east and south, while the Arabian Sea shapes its western coast. For what reason TO ESTABLISH A RETAIL STORE IN GOA Goas net state residential item for 2007 is evaluated at $3 billion in current costs. Goa is one of Indias most extravagant states with the most noteworthy GDP per capita and more than multiple times that of the nation in general, and one of its quickest development rates: 8.23% (yearly normal 1990-2000) The travel industry is Goas essential industry: it handles 1 of all outside vacationer appearances in India. Goa has two principle vacationer seasons: winter and summer. In the winter time, voyagers from abroad (primarily Europe) come to Goa to appreciate the awe inspiring atmosphere. In the mid year (which, in Goa, is the stormy season), voyagers from across India come to spend the special seasons. The travel industry is commonly centered around the waterfront zones of Goa, with diminished vacationer action inland. In 2004, there were in excess of 2 million travelers answered to have visited Goa, 400,000 of which were from abroad. ELECTRICAL APPLIANCES GOOD, RETAIL LIVE WELL My research project is to open up the retail location of the electrical machines. The name of my store is LIVE WELL.This store to be contain the quantity of assortment and variety of the electrical merchandise. My retail location LIVE WELL to be contain the CFL tubes ,Usha fans , Bajaj fans , Philips tubes , Sylvania tubes , a wide range of circuits , Crompton fans and White cylinders and so forth . Business MissionVision LIVE WELL statement of purpose is to concentrate on bringing top notch electrical products and ventures to the market at the most minimal potential costs each day. The statement of purpose is surely known all through the association. LIVE WELL offers their clients with low costs on chosen private and a constrained determination of broadly marked items in a wide scope of product classes. Quick stock turnover, high deals volume per distribution center, utilizing a proficient working structure, decreased treatment of product, and making themselves the minimal effort administrator in retail is all key components that make the retail location so fruitful. LIVE WELL characterizes its business as far as profiting their clients. Notwithstanding offering low costs on top-quality products and an assortment of advantageous administrations Kind of retail organization and proprietorship (Variety and grouping choices with respect to items or administrations to be offered);I am opening these electrical products retail, all alone ,i.e Partnership business Electrical Goods Store Product administrations. Cylinders Essentially the best quality cylinders are Philips , Crompton , Surya . All these various brands are kept in my store . Essentially 40 walt tubes are requested by the clients and extremely less amount of 20 walt tubes are requested by the clients . So these specific brands are kept in my store . FANS Fans are required in the late spring season. There are various brands of fans . Be that as it may, most mainstream brands are Khaitan , Bajaj , Usha and so forth . The nature of these brands is generally excellent. There is not really any grievance with respect to these brands. BULBS Today individuals dont like yellow lights . At present individuals like white lights . The best quality brand for white light is Crompton . Crompton gives multi year ensure. The light of Crompton bulbs is excellent . Around evening time individuals like shaded zero walt bulbs . SWITCHES The best quality in switches is stay and Havell. There are different assortments in switches. Like two pin plugs, three pin plugs , bed switches , multi-plugs , expansion . Extravagant LIGHTS Today individuals like to have extravagant lights in there houses . They utilize distinctive extravagant lights for improving their homes. Various sorts of lighting stands are there. WIRES Wires OF Havel are kept in the store. Warmers Warmers are required in the winter season . Usha and Apsara are two significant brands. Showcasing PLAN:- MULTI CHANNEL DECISIONS LIVE WELL retail ELECTRICAL retail to utilize the multi-channel these channel were utilized for selling the electrical great. By utilizing a mix of channels to be given one of a kind advantages to my electrical retail location by draw in and fulfill more clients. My electrical retail utilizes every one of the three channels to communicate with its clients. These are following STORE CHANNEL It is give the perusing to the clients before buying of items It is likewise given contacting and feeling items chance to the client store channel to given bit of leeway for the client to get the item following they get it. Index Our electrical retail is likewise given the Catalog channel; offer the comfort of taking a gander at item and submitting a request on any day whenever from anyplace. We are additionally given the photos of electrical merchandise in inventories, while not as valuable as in store introductions, are better than the visual data that can be shown on a CRT screen. Web CHANNEL Our electrical retail gives the data to client about which the electrical great are accessible in our retail location. These Internet channels additionally contain the all data about electrical great cost. The advantage of Internet channel as contrasted and the other two channels is the immense number of shoppers to buy the item without any problem. Retail showcase procedure to be followed and readiness of Strategic Retail arranging; Retail showcase system is an announcement recognizing The retailers target showcase The configuration the retailer intends to use to fulfill the objective markets need The jars whereupon the retailer intends to manufacture a manageable upper hand. Our electrical retail will contain the solid brand electrical item for the clients. It will be growing clear and value situating methodologies and making an enthusiastic connection with clients through reliability programs. We additionally will utilize the retail blend to make a picture of the retailer in the clients mind comparative with its rivals. Stores will offer fine quality electrical merchandise at serious costs Retail advertise system to be followed and arrangement of Strategic Retail arranging. RETAIL FORMAT In which I have incorporated the various systems which lead our business and utilized diverse serious limited time arranged which make our retail location alluring and successful. What's more, these ought to be finished by these focuses; Nature of product and administrations offered Pricing strategy Advertising and advancement programs Store plan and visual marketing Customer administrations. Area Area of retail location is significant viewpoint as client perspective since area is the basic factor in purchaser choice of store and at whatever point we opened a retail location than we have expected the distinctive factor which indicated our retail location highlights like as: Demographic features(to think about the potential client around there, metropolitan factual territory) Competition(to think about the contenders and how they a long way from my retail location) Vital fit(to must think about the way of life of potential client) Working cost(different territory have distinctive expense) No. of little shops around there Economy of scale We are building up our ELECTRICAL BUSINESS LIVE WELL in the state GOA,near Dabolim airport.while setting up a business in GOA some specific prerequisites ought to be contemplated :- TRFFIC This allude to both standard and person on foot traffic as GOA being a principle Center of vacationer industry so there will be a high traffic in GOA.The traffic that passes the site is a significant determinant of the potential deals that can be created from that store. Anyway it is basic that the traffic is reasonable to the sort of items to be retailed in the store. ACCESIBILITY TO MARKET Openness of market as far as accessibility of open vehicle in GOA is basic while deciding the site of retail location .Public vehicle alludes to methods for energizing the market the recurrence of transport/train administrations and network to various pieces of the city. THE NUMBER OF STORE AND TYPE OF STORE IN THAT AREA On the off chance that there are enormous number of stores in showcase, at that point there an ever increasing number of clients will come .The kind of store exist in the region is likewise significant .The sort of rivalry additionally be mulled over while choosing the site Enhancements AVAILABLE Contingent on the kind of market to be retailed offices like free and amplex stopping become significant. This is a factor that has picked up significance. OPERATIONAL PLAN. The operational arrangement is a basic part of our retail settled in GOA store and it tells the analyst how you will get your item out to showcase. That is the manner by which you will get your item out of creation stage to the doorstep of the objective à ¢Ã¢â€š ¬Ã¢ ¢ Who is doing what? à ¢Ã¢â€š ¬Ã¢ ¢ What are the everyday exercises? à ¢Ã¢â€š ¬Ã¢ ¢ How will the providers and sellers be utilized? à ¢Ã¢â€š ¬Ã¢ ¢ Who are the providers? à ¢Ã¢â€š ¬Ã¢ ¢ What are the work necessities? à ¢Ã¢â€š ¬Ã¢ ¢ What are the wellsprings of crude materials? Essentially, you need to clarify that how you will convey your item. What are you or potentially your workers going to do regularly from the time you open up to time you close. This is the thing that your peruser needs to know. A few issues regularly tended to in an operational arrangement include: à ¢Ã¢â€š ¬Ã¢ ¢ Production or assembling à ¢Ã¢â€š ¬Ã¢ ¢ Facilities à ¢Ã¢â€š ¬Ã¢ ¢ Inventory à ¢Ã¢â€š ¬Ã¢ ¢ Distribution à ¢Ã¢â€š ¬Ã¢ ¢ Maintenance and administration Order satisfaction and client support Creation or Manufacturing Each assembling business has a creation procedure, and in my retail location of LIVE WELL ELECTRICALS there is a sure creation or assembling office who fabricates the item. The manner in which it approaches manufacturing a crude or compon

Early Action

Early Action *Update as of 2015: Early action is available to both domestic and international students. This year, we received 3493 applications for early action, 13% more than last year. We admitted 390 students, or 11% of the applicants. A similar number of students were denied, while those students in the middle, about three quarters of the applicants, were deferred to regular action for further consideration. I am often asked why MITs admit rate for early action is so low in comparison to the admit rate for early programs at other highly selective colleges (where the early admission rate is often much, much higher than the regular action admission rate). The reason is that we are committed to admitting no more than 30% of our class during early action. We feel that the pressures to apply early are too high, and dont want to further contribute to that by leaving only a very small number of spaces for regular action, further pressuring people to apply early. Additionally, we dont want to penalize those students who apply regular action. While this 30% is a much smaller percentage of the class admitted early than many other places (where, often, nearly half of the class is filled from a much smaller early pool), remember that here, being deferred is not a polite rejection. Deferred students are given full consideration again during regular action, where most (~75%) of our admitting is done. Many students were deferred, and I know that those students will be very competitive during the regular action process. For example, last year, we admitted 295 students during regular action who were deferred from early action (and the year before, it was 267). (Look for more entries on deferred applicants soon) I know I speak for all of the admissions officers when I say that this was the most challenging early action admissions weve ever done. There were so many incredible students who applied early this year, more than we can ever remember. We loved reading your applications. Thank you for applying!

Early Action

Early Action *Update as of 2015: Early action is available to both domestic and international students. This year, we received 3493 applications for early action, 13% more than last year. We admitted 390 students, or 11% of the applicants. A similar number of students were denied, while those students in the middle, about three quarters of the applicants, were deferred to regular action for further consideration. I am often asked why MITs admit rate for early action is so low in comparison to the admit rate for early programs at other highly selective colleges (where the early admission rate is often much, much higher than the regular action admission rate). The reason is that we are committed to admitting no more than 30% of our class during early action. We feel that the pressures to apply early are too high, and dont want to further contribute to that by leaving only a very small number of spaces for regular action, further pressuring people to apply early. Additionally, we dont want to penalize those students who apply regular action. While this 30% is a much smaller percentage of the class admitted early than many other places (where, often, nearly half of the class is filled from a much smaller early pool), remember that here, being deferred is not a polite rejection. Deferred students are given full consideration again during regular action, where most (~75%) of our admitting is done. Many students were deferred, and I know that those students will be very competitive during the regular action process. For example, last year, we admitted 295 students during regular action who were deferred from early action (and the year before, it was 267). (Look for more entries on deferred applicants soon) I know I speak for all of the admissions officers when I say that this was the most challenging early action admissions weve ever done. There were so many incredible students who applied early this year, more than we can ever remember. We loved reading your applications. Thank you for applying!

Online Communities - Chat Rooms and Discussion Boards Essay

Online Communities - Chat Rooms and Discussion Boards To those who have never experienced an online community they may seem pointless, a waste of time or simply childish. However, for those that have expanded beyond the traditional means of communication such as, talking on the telephone or conversing face-to-face, online communities offer a new and exciting means of communication. They offer a chance to meet others, gain advice, voice an opinion, defend an argument, or to simply relax and have a little fun. Acknowledging both points of view, I decided to explore the world of online communities for myself. For my online community I decided to enter a Yahoo, country music, chat room. Through Yahoo, there were many different chat†¦show more content†¦Curse words were thrown around left and right, and it seemed as if everyone was in a big fight over nothing. I also tried posting a comment that said, â€Å"Can’t we all just get along,† and I received two responses; one person told me to â€Å"Shut Up† (lonelycowgirlnee5, yahoo) the other said, â€Å"You seem like a nice girl can I AIM you?†(cowboysainteasy,yahoo) However, the more I observered the room the more I learned, and my first impressions were altered slightly. I found most of the people in the room were in their mid twenties or younger and it appeared everyone knew everyone else. When chatter entered the room, they were greeted by all of their online friends. Chatters seemed to know things and events that were occurring in each others lives and talked as if they were good friends. A lot of bad mouthing and fighting still took place, and one person or another was always making a rude comment that would get everyone into a big argument. The room was constantly full of drama. The guys were always making perverted comments to the girls, and the girls either cursed them or thanked them. While I was in the room I received five AIM messages from guys asking for my name, age, and location to which I did not respond. This kind of talk and actions made me feel like I was back in a high school locker room. I found it annoying and hard to follow, but entertaining. The whole time that I was reading the comments I think the topic of countryShow MoreRelated Online Community Essay1489 Words   |  6 PagesOnline Community After searching through various online communities, I finally found one that looked very interesting and informative to me, fitness.com. I chose an online community in which I would not only gain helpful information and advice, but I could also communicate with people who are interested in the same topic as I am. I knew right away that it was a community rather than just a typical webpage that someone had made. A community has places where people can post messages onRead More Internet Addicts in Danger Essay1102 Words   |  5 PagesInternet Addicts in Danger Internet chat rooms have become a devastating disadvantage to the social interaction and growth of people in the world. More and more of the world’s youth are becoming addicted to Internet chat rooms. Not only are Internet chat room relationships leading to impersonal contact of people hiding flaws behind anonymity, they are leading to the abduction of many underage individuals. In an article published in The Age, a magazine in Melbourne, Australia, Doctor MubarakRead MoreThe Pros and Cons of Three Types of Online Communities- Chat Rooms, Social Network Sites, and Online Classrooms1455 Words   |  6 PagesAn online community is a network of people who come together and communicate online, usually because of a common interest or goal. There are many different types of online communities. Some examples of online communities are: email distribution lists, message boards and newsgroups, instant message (IM) services, chat rooms, blogging sites, social networking sites such as MySpace and Facebook, and online classrooms/school groups. I intend to discuss three of these types of online communities –Read More My Online Community Essay1309 Words   |  6 PagesMy Online Community I aimlessly wondered the Internet trying to find a community suitable for me. I wasn’t sure what I was looking for. I have many interests, but I really don’t have a strong passion for something. So I decided to join a community in which I could express myself as a teen and talk about general issues. I joined the mtv.com community. There I expressed my thoughts on everything, ranging from music to daily events that shape our world. There I had a chance to share myRead MoreCensorship Essay876 Words   |  4 Pagesexpression is one of the basic roots that are country is based on, although this right is constantly challenged and contested. The Communications Decency Act was passed by congress on February 1st 1996. This act sent shockwaves throughout the Internet community. The Communications Decency Act of 1996 was an outright attempt to censor another form of media believed to initiate the transmission of, any comment, request, suggestion, proposal, image, or other communication which is obscene, lewd, lasciviousRead MoreTwenty First Century Learner1594 Words   |  7 Pagesable to learn whatever with free online sources. Todays learners download their own songs and apps from Itunes and create their own videos and upload it to share with others. The evident changes in twenty first century students are they are collaborative, information driven and self –directed. Web 2.0 resources enable collaboration to blossom for the twenty first learners. There are various web 2.0 tools that are used for collaboration. Write boards. Google docs and wikis are justRead MoreEssay on In what sense are virtual communities real?1351 Words   |  6 Pageswhat sense(s) are virtual communities real communities? A virtual community is a network of people who interact through various forms of media, and allow users to obtain support, advice, friendship and sometimes merely just interaction with others. 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It is essential for the 21stRead More The Nature of Online Communities Essay1449 Words   |  6 PagesNature of Online Communities What brings people together on the internet? Is it the desire to find a friend and a community or is it the other extreme of finding someone to argue with and release all the anger that has built up inside? Do people not like who they are in real life and find the internet as a place to have a new identity, the person that they have always wanted to be? Or, is it what Rheingold states in his article â€Å"The Virtual Community,† â€Å"virtual communities treat themRead MoreINTRODUCTION OF SUPPORT GROUP ONLINE SUPPORT GROUP Essay914 Words   |  4 Pagesindividuals in effectively coping with their problems. Support groups occur in a variety of different formats or settings, including in-person group discussions, telephone conversations, and online groups. Groups are often formed by non-profit organizations, advocacy groups, mental health clinics, hospitals, medical websites, and by a â€Å"lay† sufferer. Online support groups can help someone gain a sense of control or empowerment and reduce their levels of stress, depression, or anxiety by promoting open

Ethics Essay - 1071 Words

Name: Dinesh Jagwani Batch: BAFD2 1321A Module: Ethics in Business Studies Course: B.S.C. (Hons) in Accounting and Finance Lecturer: Mr. Daniel Chew UOB No: 12035285 Topic: Producing toys- Child’s Play? Producing Toy’s – Child’s Play? Deontological ethics are concerned with what people do and not with the consequences of their actions. It teaches some actions might be correct or wrong because of their nature, and it is the duty of the people to act accordingly, regardless of the consequences that might occur, for the good or bad. It basically means one has to adhere to the universal rules and guidelines irrespective of the consequences and act in accordance to them. Getting to the means is not important by the way or choice of†¦show more content†¦Maxim 1: The first maxim states that â€Å"Act only according to that maxim whereby you can at the same time will that it should become a universal law without contradiction†. The decision contradicts the universal law as the product manager does not want to see his nieces in the same situation as the kids making the toys. He wonders about his nieces and whether he would like to see them grow up as the kids making the toys. He wants his nieces to have a good life with education, shelter and all basic necessities. According to maxim 1, even the children making the toys should have the same privileges. As a result this decision by the product manager fails maxim 1 and although it makes financial sense, ethically it will not be right and according to the universal law the decision does not support deontology theory as the product manager is not at ease with himself in the same situation. As a result according to maxim 1 it will be a non-ethical decision. Maxim 2: The second maxim states that â€Å"Act in such a way that you treat humanity, whether in your own person or in the person of any other, never merely as a means to an end but always at the same time as an end†. This means one should treat another person as one would like to be in the treated himself. The product manager would definitely not want to be in the same situation as the family making the toys, where young childrenShow MoreRelatedEthics And Ethics : Ethics922 Words   |  4 Pagesand friend group to be altered. One change I was not anticipating making was my approach to ethics. Over the course of the past fifteen weeks, my knowledge of ethics as well as my approach to ethics has changed. I have become more knowledgeable about the different approaches to ethics and have gained insight as to where I stand in my approach to ethics. One thing that has changed in my approach to ethics since the beginning of the semester is I am now adamant that it is impossible to arrive at aRead MoreEthics : Ethics And Ethics Essay1578 Words   |  7 Pages†¢ Define ethics. Ethics is defined as the moral principles and standards that guide the behavior of an individual or group, while business ethics refers to said behavior in the work environment. Great leaders demonstrate and practice this both personally and professionally. With today’s constant media coverage of unethical decisions and their violators, it can be easy for many to people to assume that ethics codes are â€Å"just for show†. A prime example of the unethical culture that exists in businessRead MoreEthics : Ethics And Ethics851 Words   |  4 PagesJohn Berger who stated, â€Å"Without ethics, man has no future. This is to say, mankind without them cannot be itself. Ethics determine choices and actions and suggest difficult priorities† (Berger). 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Personal: In my opinion ethics is a moralRead MoreEthics And The Ethics Of Ethics929 Words   |  4 Pages Ethics Nurse’s Before all parties involved can begin a working relationship, each individual should discuss and obtain a written description of the duties expected and the code of ethics that should be respected and followed; by beginning with a clear understanding of ethical values. Ethics: the study of right and wrong and how to tell the difference between them. Since ethics also means people s beliefs about right and wrong behavior, ethics can be defined as the study of ethics. EthicsRead MoreEthics : Ethics And Ethics1569 Words   |  7 Pages Ethics In Nursing Rayda M. Garcia Fairleigh Dickinson Universityâ€Æ' Ethics In Nursing The study of ethics, or applied ethics, is necessary for healthcare professionals who often face dilemmas that are not experienced by the general population. The fast-paced growth of medical technology has made the study of ethics even more relevant. The study of bioethics, or biomedical ethics, refers to moral dilemmas due to advances in medicine and medical research. Since medical law and ethics are oftenRead MoreEthics And Ethics Of Ethics775 Words   |  4 Pagesmillion to settle a shareholder lawsuit. We can refer from the two previous examples that ethics education is crucial. The main reason for ethics education is that ethics courses and training would help students, who are going to become future managers and business decision makers, to resolve such ethical dilemmas correctly. As we know that most dilemmas often have multiple decision criteria. Business ethics classes would help students to realize which decision criteria lead to a preference for aRead MoreEthics And Ethics Of Ethics Essay1491 Words   |  6 Pagesemployees that the work place ethics code forbids using work-place resources for personal financial profit. 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Normative ethics refers to what is right and wrong and concerned withRead MoreEthics And Ethics Of Ethics987 Words   |  4 PagesEthics affect every facet of life, especially in a professional community. When a decision is to be made within a community, the ethical decision is typically that which benefits the most people or harms the least people. There are some scenarios however, when the correct decision based on a system of ethics that values doing the right thing is not the decision that leaves behind the least negative impact on the organization. An organization must decide if it will follow the system of ethics that

Ict Gadgets Aid The Student s Education Essay - 3922 Words

I ICT gadgets aid the student’s education. Through the facility of accessible sources online, students are provided with wider reference for more reliable learning. It is with convenience that students get the most revised online journals existing for reference. It provides significant resources that will academically aid the students. Through easy access to virtual websites, it presents the students updates and reliable online journals. It also aids the students through the advanced technology installed in these tools. For example, According to Travis (2011), gadgets that are brought to school help the students achieve more accurate observations during experiment through photographs and lecture data. â€Å"Intelligent use† of ICT gadgets could contribute to the educational performances of college student (Grier et al., 2012). The three researchers mentioned piloted an analysis of the SAT scores before and after the rampant use of technological devices. Studies sho w that most number of the universities effectively using ICT gadgets provides a more operative education to the pupils (Higgins et al., 2012). ICT gadgets provide more reliable and updated sources. Studies show that although using resources coming from printed books and other physical materials housed in libraries will give students more merit, it is more practical and evident these days to rely on ICT gadgets to satisfy student’s needs and learning (D’Elia, n.d.). Researchers and authors that have beenShow MoreRelatedInformation and Communication Technologies in Learning Essay1033 Words   |  5 Pagesno different for school children, who have unprecedented access to information and communication technologies (ICTs) in the classroom to aid their learning. 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TechnologyRead MoreThe Impact of Information and Communication Technology (Ict) in Nigerian University Libraries6531 Words   |  27 PagesThe Impact of Information and Communication Technology (ICT) in Nigerian University Libraries Dorcas Ejemeh Krubu Kingsley Efe Osawaru Department of Library and Information Science Ambrose Alli University Ekpoma - Edo State, Nigeria Introduction With the invention of Information and Communication Technology, libraries now use various types of technologies to aid the services they render. Everyday new technological advances affect the way information is handled in libraries and information centersRead Moreptlls assignment Essay7948 Words   |  32 Pagesï » ¿ Level – 4 (Prepare to teach in the lifelong learning sector) - PTLLS The following are headings for broad areas students will have to research to show evidence of competence in PTLLS. GROUP A: Roles and responsibilities and relationships in lifelong learning GROUP B 1: Understanding inclusive learning and teaching in lifelong learning GROUP B 2: Using inclusive learning and teaching approaches in lifelong learning GROUP D: Principle of assessment in lifelong learning Read MoreThe Importance of Considering Philosophical and Psychological Foundations in Developing a Curriculum.9983 Words   |  40 Pagesaudience chosen should be from all walks of life. As proposed by Golan Steven (1982); Interviews were conducted with a state director of business and office education, superintendent, curriculum director, director of vocational education, principal, business education department chairman, business education faculty member, parent, and student. The instrument used was What Do You Believe?, 15 statements of ideas expressed in educational literature pertaining to a line of action for curriculum improvementRead MoreScience and Technology13908 Words   |  56 PagesInternational Essay Contest for Young People is one of the peace education programs organized by the Goi Peace Foundation. The annual contest, which started in the year 2000, is a UNESCO/Goi Peace Foundation joint program since 2007. The United Nations has designated 2001-2010 as the International Decade for a Culture of Peace and Non-Violence for the Children of the World and 2005-2014 as the United Nations Decade of Education for Sustainable Development. Not only should young people benefit

Financial Analysis Project

Question: Write an essay on Financial Analysis of Management? Answer: In order to judge whether a capital investment project is feasible and will give higher returns over its costs, the economists undertake various investment appraisals. Investment appraisals are made up of two factorsstream of expected returns and total cost outlays. Comparing these two factors a cost benefit analysis is done. This calls for long-term forecasting. Certain capital assets having a long life are purchased and put to use in an investment appraisal in a standard capital cost involving project. These assets are used for several months and years to gain value in terms of net return, i.e. difference between payoffs less costs and depreciation. Towards the assets end life, it may be sold at a reduced price in the market (Dilshad, 2013). For example, vehicles and printing machines often possess a high residual value. Often in long trm forecasting, values for net returns turn out to be inaccurate and hence utmost care should be taken in evaluating the right hidden price of the capital cost project. The business strategy should be carefully planned out and any wildly optimistic assumptions should be done away with. All assumptions must be clearly laid out so that the project manager can successfully carry out the cost benefit analysis and give the clear picture of net returns and whether to undertake the capital cost project or not (Ghosal and Sokol, 2013). Concepts and measures Two important appraisal techniques undertaken are Retturn on Capital Employed (ROCE) and Payback. Return on Capital Employed (ROCE) ROCE is alsoexpressed as accounting rate of return. Formula The formula for calculating ROCE is: ROCE= Profits/ Initial costs *100 Payback= Initial cost/ cash inflow per period *100 The decision rule for ROCE is: If the calculated ROCE for investment is greater than the hurdle rate, then the investment should be undertaken. Profitability Index (PI) also called the value investment ratio and profit investment ratio it judges a capital cost project in terms of value of investment. This measure is a ratio of amount of capital invested to profit of the project. Payback Period a measure that calculates total number of years to receive initial investment. Projects with a lower pay back period are usually preferred than projects with higher payback period. Data and results Actual sales 13500.0 Total sales 539932500.0 Price 39995.0 Total est sales 1599800000.0 Estimated sales 40000.0 ROCE act -55.0 Total cost 1200000000.0 ROCE est 33.3 Profitability act 2.2 Payback act 2.2 Profitability est 0.8 Payback est 0.8 In this question, actual car sales are 13500 units compared to estimated 40000 units. As price per car is $39995, total sales are calculated. ROCE act= (Total sales- Total cost)/Total cost=( 539932500- 1200000000)/ 1200000000= - 55.005625 ROCE est= 33.31 Payback est= Total cost/ Payoff= 0.75 Payback actual= 2.22 Analysis So, ROCE actual is negative. This means that the outlay is not profitable and costs outweigh benefits. But ROCE estimated is positive and moderately high. According to payback period actual, it will take 2.22 years to break even . Profitability index act is 2.2 while estimated is 0.8. Some additional points to note There are two other measures of feasibility check called NPV or Net Present Value and IRR or Internal rate of return. These cannot be applied to the model given in this question but a brief glance at the definitions is worth it. Net Present Value (NPV) The streams of future incomes are discounted by a discount rate which is generally a ten year gilt yield, and from this total costs are deducted. Thus, we get the NPV. Internal rate of return (IRR) The discount rate that equates the net present value of future streams of income with total costs gives the IRR. If Costs NPV, IRR0 and accordingly the project has to dropped/ carried out. Reliability of data The actual sales are 13500 which is less than estimated 40000. This means total sales value actual, is less than total cost outlay of $1.2 billion. This arouses some concern that the ROCE being negative is whether therefore right or wrong. But as per the data, the calculations are done and the estimated ROCE is positive. Here we are assuming that on top of actual, estimated figures are also calculated. Hewlett-Packard (HP) autonomy is a multinational enterprise software company which was founded in Cambridge, UK in 1996. Actually, the company was specialized in the analysis of the large scale of unstructured big data. It became the largest and the most successful software company in 2010. It used to take into account the several research results conducted by the University of Cambridge. It used to develop several enterprise searches and various knowledge management applications in conjunction with adaptive pattern of recognised techniques which were concerned on the Bayesian inference and several traditional techniques. It used to maintain an aggressive approach of entrepreneurial marketing (Jeffrey, 2013). This company was featured as rod of iron, as it tolerates a zero percent and used to fire 5% of its sales workers each quarter. It also keeps the best efficient staffs like rock stars. Autonomy was gained by HP in October, 2011. The deal value of Autonomy was $11.7 billion and the premium was 79% over the market price. This decision was largely criticised by so many critiques. Critiques called it as a chaos decision and absurdly high attempt. But within a year HP was able to gain $8.8 billion of its Autonomys value. HP showed the following reasons behind this were misrepresentations, disclosure failures and accounting improprieties. HP recruited Robert Young johns, the ex-Microsoft president in North America for taking over the HP Autonomy in September, 2012. He had worked for the turnaround by the expansion of the information management. Now for several quarters, the financial situation of HP is not bright enough. The main reason behind this is mainly the sharp decline in the sales of computer worldwide. The HP CEO wanted to break the past practices. The failure of the acquisition of the Autonomy for $11.2 billion was actually overpaid. Benefits of acquisition A merge is when a company assumes or takes all the assets and liabilities of another company. The firm which acquires is able to retain with its identity, but the firm which has been acquired, ceases to exist. Merger is nothing but one type of acquisition. Any type of acquisition is held with the hope of gaining profits. Actually the two firms which were involved in the merger hope to gain more than they could gain apart. Some of the potential benefits of acquisition are getting tax advantage, combining the resources, eliminating the in efficiencies etc (KIM and PARK, 2012). A merger and acquisition also helps in increasing the economies of scale. This also includes increase in the market powers by purchasing competitors, providing new opportunities for developing the career of the managers, developing in a new geographic region, reducing the weaknesses in the key areas of business etc. However, it also includes so many difficulties also, such as, evaluation of the total transactions , accounting the costs and benefits associated with, handling various legal issues etc. Reasons behind the failure of acquisition Many researches which were conducted over the decades have shown that the rate of failure is around 50%. Several surveys conducted in recent years have shown that the percentage of companies failed in the acquisition is around 83%. Research results have also shown that companies intending in acquisition have grown over 20 years. The basic reasons for the failure of acquisition are it is very easy to merge but it is really very difficult to perform in merger and accusation. In general, lack of proper planning, differences in organisational culture, limited synergies, and difficulties in implementing proper strategies causes the failure of acquisition (Milliou and Pavlou, 2013). Lack of knowledge of the managers is a common factor for failure of acquisition. HP and Compaq Computer Corporation came to a definitive merger agreement on 3rd September, 2001 to create $87 billion and become a leader in the global technology (Rosenbaum and Pearl, 2013). Management of Working Capital Managing working capital ensures smooth flow of business operation without falling into financial problem such as either making short-term obligation payments, purchasing raw materials or payment of overhead, salary and wages. Moreover, adequate working capital support organizations in maintaining business solvency by ensuring uninterrupted production flow. On the other hand, right management of working capital enables organizations to face crisis such as depression (Baig and Akhter, 2013). Therefore, the organizations could be able to effectively manage their business and smoothly perform their operation. As a result, the firms would be able to generate enough capital and flow of capital in the business would be effective (Baylis, Gong and Wang, 2013). The working capital management can be better explained with the following example; Working Capital: Current Assets Current Liabilities Balance Sheet of ABC Company Cash 70000 Accured Expenses 24000 Account Receivable 43000 Accounts Payable 35000 Marketable Securities 15000 Current Portion Long Term Debt 12000 Inventory 60000 Notes Payable 8000 Total Current Assets 188000 Total Current Liabilities 79000 Working Capital 109000 Table 1: Positive Working Capital Balance Sheet of PQR Company Stock 20000 Trade Creditors 35000 Cash 30000 Dividends 5000 Prepayments 5000 Taxation 10000 Trade Debtors 2000 Short Term Loans 15000 Total Current Assets 57000 Total Current Liabilities 65000 Working Capital (8000) Table 2: Negative Working Capital It can be seen from the above two figures of working capital calculations that one has positive working capital and other has negative working capital. The ABC Company has been successful in managing their current assets over their current liabilities which ensures that their operating cycle is in better place. It means that the company is able to clear their dues on time and has well-managed inventory. Therefore, the company is better position to generate cash and management of flow of cash (Brigham and Houston, 2013). On the other hand, the other firm, PQR Company has not been able to gain positive working capital. The reason would be the companys inability to clear their bills on due time, overstocking and overtrading. As a result of that the value of current liabilities are higher in comparison to value of current assets (Heesen and Moser, 2013). It can also be mentioned that PQR Company is not able to make balance between cash inflow and cash outflow. Due to that the company is facing working capital issue. If the company continues with negative working capital then it can lead to shut down of the business or company can become insolvent (Brooks, 2013). On the other hand, it can be seen that Textile Small-Medium Enterprise of India is facing huge trouble due to mismanagement of working capital. Due to that the company has fallen under debt trap. The reason behind such fall was lack of qualified and experienced working capital. The accounting personnel were not able to handle the finance of the company (Jain, Singh and Yadav, 2013). Therefore, the production and operational cycle was not managed effectively and capital was excessively used. Apart from that, it has also been observed that due to mismanaged working capital, statutory payments such as income tax, Provident Fund and TDS has slowly fallen into arrears that indicated problem in cash flow. Furthermore, Vora (2013) discussed that mismanaged working capital can have potential impact in the shareholder wealth. Due to mismanagement, the firm is not able to ensure enough capital for their operation which leads to further loss. The earning of the shareholder would decrease and would be able to receive return on due time. Moreover, the shareholder would develop negative attitude towards the company and would not be willing to deal with the company (Zeballos Avila and Seifert, 2013). On the other hand, the company would not be in a position to declare dividend or right amount of return to the shareholders. As a result of that, the shareholder would face loss and would not be further interested to invest in the company. This would severely impact on the earning of the company and the company would become insolvent. As a result of that, the company would have to put down all their operation (Michalski, 2014). It can be discussed that working capital has to be managed and given priority by the organizations. Managing working capital would ensures better flow of work and the firm would be able to generate more benefit from their current assets which will help in meeting current liabilities (Baos-Caballero et al. 2014). References Baig, V. and Akhter, J. (2013).Working capital management practices. New Delhi: Anmol Publications. Baos-Caballero, S., Garca-Teruel, P. J., and Martnez-Solano, P. (2014). Working capital management, corporate performance, and financial constraints.Journal of Business Research,67(3), 332-338. Baylis, K., Gong, Y. and Wang, S. (2013).Bridging vs. bonding social capital and the management of common pool resources. Cambridge, Mass.: National Bureau of Economic Research. Beladi, H., Chakrabarti, A. and Marjit, S. (2013). Privatization and Strategic Mergers across Borders.Review of International Economics, 21(3), pp.432-446. Blundell-Wignall, A. and Roulet, C. (2013). Long-term investment, the cost of capital and the dividend and buyback puzzle.OECD Journal: Financial Market Trends, 2013(1), pp.39-52. Brigham, E. and Houston, J. (2013).Fundamentals of financial management. Mason, Ohio: South-Western. Brooks, R. (2013).Financial management. Boston: Pearson. DeAngelo, H., and Stulz, R. M. (2014). Liquid-claim production, risk management, and bank capital structure: Why high leverage is optimal for banks.Risk Management, and Bank Capital Structure: Why High Leverage is Optimal for Banks (May 14, 2014). Fisher College of Business Working Paper, (2013-03), 08. Demeo, A. and Peterson, M. (2013). Small Organic Farm Renewable Energy Demonstration Project Based on Incremental Capital Investment and Community Participation.Journal of Agriculture, Food Systems, and Community Development, pp.1-14. Dilshad, M. (2013). Profitability Analysis of Mergers and Acquisitions: An Event Study Approach.Business and Economic Research, 3(1). Ghosal, V. and Sokol, D. (2013). Compliance, Detection, and Mergers and Acquisitions.Manage. Decis. Econ., p.n/a-n/a. Hahn, J., Ridder, G. and Snider, C. (2013). Partial identification and mergers.Economics Letters, 118(1), pp.126-129. Heesen, B. and Moser, O. (2013).Working Capital Management. Dordrecht: Springer. Jain, P., Singh, S. and Yadav, S. (2013).Financial management practices. New Delhi: Springer. Jeffrey, S. (2013). Hospital Costs and Strategies for Uncertain Demand: Waiting Times and Capital Investment.Academy of Management Proceedings, 2013(1), pp.15374-15374. Kare, D. and Herbst, A. (1995). Determination of the maximum investment in a capital project.Project Appraisal, 10(4), pp.261-265. KIM, J. and PARK, J. (2012). FOREIGN DIRECT INVESTMENT AND COUNTRY-SPECIFIC HUMAN CAPITAL.Economic Inquiry, 51(1), pp.198-210. Michalski, G. (2014).Value-based Working Capital Management: Determining Liquid Asset Levels in Entrepreneurial Environments. Palgrave Macmillan. Milliou, C. and Pavlou, A. (2013). Upstream Mergers, Downstream Competition, and RD Investments.Journal of Economics Management Strategy, 22(4), pp.787-809. Narayanan, M. (2013). Optimal Ownership Division in Venture Capital Investment.Academy of Management Proceedings, 2013(1), pp.17481-17481. Rosenbaum, J. and Pearl, J. (2013).Investment banking. Hoboken: Wiley. Schiller, U. (n.d.). Decentralized Information Acquistion and the Internal Provision of Capital.SSRN Journal. Starks, L. and Wei, K. (2013). Cross-Border Mergers and Differences in Corporate Governance.International Review of Finance, 13(3), pp.265-297. Ukaegbu, B. (2014). The significance of working capital management in determining firm profitability: Evidence from developing economies in Africa.Research in International Business and Finance,31, 1-16. Vora, J. (2013).Working capital management. Jaipur: Vista Publishers. Waheed, R., Sohail, N., Sajid, M., and Khan, S. M. (2014). Impact of working capital management on firms profitability: A case of Pakistani listed firms.International Journal of Managment, IT and Engineering,4(2), 494-508. Wolinsky, H. (2013). Gene patents and capital investment.EMBO Rep, 14(10), pp.871-873. Yang, B., Brosig, S. and Chen, J. (2012). Environmental Impact of Foreign vs. Domestic Capital Investment in China.Journal of Agricultural Economics, 64(1), pp.245-271. Yoshino, N. and Kaji, S. (2013).Hometown investment trust funds. Tokyo: Springer. Zeballos Avila, C. and Seifert, R. (2013).Inventory Management with Working Capital Restrictions. Lausanne: EPFL.

PovertyDisappearing American Dream Essays (1075 words)

While you are hanging out with your friends in a luxurious club; or driving your polished car to work, the word ?poverty? has probably never crossed your mind. It is true that most of us do not realize how serious this issue has become, and more effort should be taken. According to the US Census Bureau, the official poverty rate in 2008 for US was 13.2 percent?a statistically significant increase since it was 12.5 percent in 2007. That counts 39.8 million people (19% of them are children under the age of 18) are living under poverty and that number was the highest in past fifty years. The reality hurts. As poverty has become more and more devastating, it makes people wonder what causes the rich to be richer and the poor to be poorer. Amount many theories proposed by so called ?economists?, I think the central idea is that we are neglecting the truth?there is not enough social equality for the poor, and a lacking of social mobility. Although we cannot change the fact that we were born differently and those who were born in rich families took a big advantage in their early life, what we want to pursuit later on in our lives determine what we will end up being. But it seems hopeless for the poor to seek for their American Dreams, which once means that you would success if you work harder. Because of social inequality, the poor has have less opportunity. Angela Locke, a writer for the feminist news journal off our backs, in her article ?Born Poor and Smart (2005)? describes that poor people are treated unequally such as their intelligence is scorned within the ranks of the poor. (Locke, 2008, 2) Locke?s mom is an assiduous, loyal and diligent worker, with years and years hard working in E-Z Bargain Center and assembly line, she finally got a position in the lab of Nestle factory?making coffee for her male coworkers! (Locke, 2008, 3) Was that because she was not smart enough? No, it was because she came from a poor family. At the same time, Herbert J. Gans, a professor of sociology at Columbia University, in his article "The War Against the Poor (1992)" also claims that poverty is not being treated properly. ?Conservatives, often mute about the responsibilities of the rich, stress the responsibilities of the poor,? Gans stated. (Gans, 2008, 26) Lack of education, basic healthcare, job supply, and so forth, poor people rarely have access to experts or to clinical treatment, so how would we expect them to take their responsibilities if we cannot treat them equally? An article named ?Middle of the Class? publicized on in The Economist?a weekly magazine published in England by The Economist Group, emphasizes that ?equality of opportunity is under threat.? (The Economist, 2008, 1) Statistic show that with a 200 percent income increase in the past quarter-century, the rich have been doing dramatically better than the less well off. The middle class had an 18 percent increase, but the bottom fifth only received 4.4 percent of total national income. (The Economist, 2008, 3) It use to be possible if you start at the bottom of a big firm and work your way up, but now facing more and more college graduates, the opportunities for poor to get a decent degree is even less, let alone a well paid job. Increasing tuition and stiffer competition has driven the poor into an impasse. Social inequalities create an invisible barrier for the poor to escape poverty. What makes matter worse is that it also generates a lack of social mobility, which makes it even harder for poor people to breaking away. Our author Gans suggests that there is a drastic scarcity of work for the poor. (Gans, 2008, 27) Ironically, many Americans, including too many economists, have long believed that jobs supplied are always more than jobs demanded, and it is ridiculous to be truly jobless. (Gans, 2008, 27) Sadly the truth is just the opposite. There were no longer decent jobs that are open to the poor, especially to blacks. With the poor?s dropping out of the labor force, their only chance to escape poverty has also vanished. Similarly, The Economist

The Affair of The Necklace, Marie Antionette s exubernat appetitte for exotic jewels has taken its toll on the 3rd estate .

The Affair of The Necklace, Marie Antionette s exubernat appetitte for exotic jewels has taken its toll on the 3rd estate . On Christmas day of the year 1783 the bluching 16 yrs old Austrian Princess soon to be Queen of France arrived at the French Court.As day strolled by the EMpire grew bigger under the newly appointed minister of Finance .As the EMpire Grew booth militarily and economically as did the Royals need for acquiring huge wealth.Wealth was everywhere in the exuberant building the expensive looking architecture the musems on the Rue Royale.Money was pouring in the economy so fast and half of which ended in the Royals hands .One Royal in Particular was so high mantineance that it took the equivelant of "four pieces of jewelery a week to satisfy her evergrowing apetitte for lush expensive diamonds and precious stones the world over." quotes her Estate Jewler.The Queen bored with the usual assortment of mounts and jewels her jeweler provided. Threatend him that if he does not come up with an interesting and exubernt necklace set soon he would wish he was brittish and that meant death.English: Mar gueritede Bourgogne,Queen of FranceMarie Antionette had seventeen toy dogs from a breed called Pug , they were always bejewled with diammonds and rubies when she was present.The Jewler using the governments tax money bought the most expensive jewles avaliable form India ,Eygpt , Turkey and South America. He spent nearly all the money acquiring the black gold and the jewels and mounts and the hands (jewlers from all over the world particpated in the design of this lavish necklace).Jaenne Elles Marques Le Luc , Daughter of the Marquee of Bath , was Marie Antionette's newly appointed stealthy Lady in Waiting.Jeanne went to the jewler to tell him about the deadline the Queen of France has set for the delivery of the necklace , wehn he surprised her...

Individual assignment Essay Example | Topics and Well Written Essays - 1000 words

Individual assignment - Essay Example During the marketing strategies that Unilever implements for their brands, they can get to know through the response of the customers about which marketing activity has been successful for a particular brand and which strategy has been unsuccessful. Different types of management strategies are applicable during the various circumstances and therefore Unilever always need to learn and have an awareness of the latest management practices that facilitates the organization to become a successful organization. The strategies that are developed by Unilever cannot be kept on being implemented always and forever. It needs to change according to the market results of the products of Unilever. So accordingly after the marketing of the products, Unilever learns which are the most appropriate and suitable strategy that should be implemented in their organization. The learning is school is quite applicable and can be strongly related to Unilever. The industry has some benchmarked management practices and procedures that if applied by organizations will allow the organizations to become successful. Unilever as it is a professional organization and strives to maintain its market leader position need to focus on the benchmarked rules that are present in the industry. The various strategies being implemented in Unilever is emerged as the organization is proceeding further and they adapt to the changing market environments and then learn to change their strategies according to the market demand and implement those strategies that may attract the customers towards their organization’s product. Unilever at times may face complex and unpredictable situations from their competitors and this may cause pressure on the organization as they may have to immediately change their strategies of working and marketing their products. Unilever being a

Uprisings in Bahrain and Syria Research Paper Example | Topics and Well Written Essays - 3000 words

Uprisings in Bahrain and Syria - Research Paper Example In both the situations, the dynamics were governed by a history of social discrimination, strong internal sectarian divide and involvement of external geopolitical forces. However, it is interesting to note the varying roles played and the different positions taken by these external geopolitical forces in both these events of great significance to the region. The Bahrain uprising, also popularly known as the 14 February Revolution, was aimed at securing greater political, social and economic reforms in Bahrain. The protesters organized themselves using social media platforms like Facebook and Twitter and claimed to have no specific religious or political affiliations. The protests were supposed to be non-violent. The main demands included disbanding of incumbent National Assembly, a new constitution modeling Bahrain as a constitutional monarchy ruled by the Khalifa family and formation of a commission to investigate and revoke the politically motivated naturalization of aliens (Bassiouni, Rodley and Al-Awadhi 75). The protests started of small and grew in strength with major showing on February 14 in different parts of the country. However, in attempts to manage the crowds the law enforcement agencies resorted to aerial shooting in which at least two lives were lost. This resulted in further escalation of tension and protestors occupying the Pearl roundabout in main Manama, the capital city of Bahrain, on February 17. In an attempt to vacate the roundabout the law enforcement caused four more casualties bringing the total to six within the first 72 hours (Bassiouni, Rodley and Al-Awadhi 73). On the same day, a session of foreign secretaries of Gulf Cooperation Council (GCC) expressed its solidarity with the Bahraini regime in view of the emerging crisis. The following days saw increasing protests and more loss of life. On February 18, an exiled Shiite cleric, Shaikh Hadi Al-madrassi, in a

Mobile Phone Industry PESTEL and SWOT

Mobile Phone Industry PESTEL and SWOT 1. INTRODUCTION This report will critically analyse the external environment of the mobile phone operators industry with the application of appropriate strategy tools including PESTEL and Michael Porters five forces models. An immediate result of this would be the identification of opportunities and threats that may arise from change in environmental factors and assessment of the attractiveness of the industry respectively. The report will also analyse critically, the strategic capability of Vodafone, also applying appropriate strategy tools resulting in the identification of key strengths and weaknesses of the firm. The aim here will be to identify and discuss the core competences the firm possesses. To aid the analysis, the report will draw on information from various sources such as: The Vodafone case study on page 557 in the main textbook by Johnson, Scholes and Whittington, Exploring Strategy 9th Edition, Prentice Hall, 2011. Other sources include Keynotes, Mintel and Magazines. 2. QUESTION ONE: PESTEL, KEY DRIVERS AND MICHAEL PORTERS 5 FORCES 2.1 PESTEL The PESTEL framework is used for the analysis and according to Johnson, Scholes and Whittington (2011), â€Å"it provides a comprehensive list of influences on the possible success or failure of particular strategies†. Discussed below are a few issues of PESTEL, please see appendix for other issues. (P)olitical/Legal factors Governments privatisation(through Ofcom) of the national telephone company, BT, compelling it to allow access to its network (via Openreach) for voice and broadband. This has helped to break down BTs monopoly thereby creating an opportunity for mobile operators to operate and at competitive rates.(case study p.558) (E)conomic factors The UK economy has still not fully recovered from the financial crisis of 2008, recovering even slower than other countries amidst huge government resuscitation efforts and even consumer spending is expected to decline by 0.6 per capita in 2011(the Telegraph, May 2011).This is a threat to the industry as, the slower the economic recovery, the slower the market growth for the mobile operators industry. Though the case study(p.558) says that personal disposal income growth as experienced between 2002 and 2007 was forecasted to resume in the future, recent developments suggest otherwise. Now the future is here, reports say household incomes are falling(NewStatesman, May  ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­Ã‚ ­2011 and Mail Online, May 2011 ). This is a threat to the mobile industry as it means less income at the disposal of households, hence less subscribers to its services. (S)ocial factors Consumer need for converged services, such as mobile telephony, fixed line telephony, television and broadband internet, was increasing(case study p.558). This means an opportunity for mobile operators to expand their market as more people are coming on board with this convergence need which could be a result of the plunge in disposable income so people want all services in one and pay a lower lump sum for all in a bid to ration their income. A decline in UK fixed line telephone market as households were becoming â€Å"mobile-only† users. This is an opportunity for mobile operators to capture the market share of fixed line telephone operators in a bid to expand theirs. Consumer perceived prestige that comes with owning smartphones is an industry opportunity. For example, everyone wants to have an IPhone, HTC or Blackberry because they are ‘cool or for other reasons, so operators in the industry can capitalize on this and increase their market share by offering cheap deals. Consumer ‘hype for new and modern technologies as everyone wants to have the latest ‘thing in technology. This would create an opportunity for the industry to capitalize on and expand their market share. (T)echnological factors Development of new technologies, IP(Internet Protocol) for voice, data and video transmission(case study p.557). The dynamic nature of technology is posing a threat as operators may be stuck with obsolete technology thereby facing a challenge to be pro-active in order to retain market share and keep churn rates at bay. Continued upgrading of speeds over mobile networks poses a threat as operators have to keep up with the upgrading of speeds because they might loose customers to service providers who can offer better speeds. (E)nvironmental factors As a result of advancement in telecommunications technology, mobile operators have to replace network equipments and hazardous wastes(masts, cables, construction waste etc)frequently. Mobile operators are then faced with the challenge of finding energy efficient ways of recycling which may also be capital intensive, altogether posing a threat. (L)egal factors Ofcoms issuance of licences for additional mobile network operators will pose a threat to incumbent operators( as their market share is threatened) and be an opportunity to potential operators as this will lower entry barriers for them. Elaborate legal contracts can also be a threat to the industry as lots of legal obligations have to be satisfied prior to and after entry. Drawing up different phone contracts for different mobile packages can prove challenging for the operators. 2.2 KEY DRIVERS FOR CHANGE Socio-cultural issue: Consumer need for converged services: Consumer needs(which has led Virgin Media to provide multiple services such as the ‘quad play and others providing the triple play) change from time to time and even some firms will try to create the needs for the consumers thereby pushing the industry towards finding ways to satisfy these needs as the market expands. This is one of the major drivers of change for the industry. Technological issue: Development of new Technologies: The dynamic nature of technology will keep operators findings ways to stay ahead of competitors by developing new technologies such as the IP, digitising high-speed distribution of voice, data and video over multiple networks. 2.3 MICHAEL PORTERS 5 FORCES ANALYSIS a.Threat of entry: (low) The barrier of initial capital cost of entry may be daunting but the regulatory changes in the UK communications industry by Ofcom saw the issuance of licences to more mobile operators and also allowing MVNOs to lease network capacity without the capital cost of building their own hence reducing barriers to entry. This has also led to increase in the number of competitors. b. Threat of substitutes: (low/moderate) Considering the advantages of mobile connections (make calls, sending messages/data, music etc), substitutes would be the fixed line connections, skype(or VOIP) on broadband, radio airwaves, phone booths or simply go without. With the fixed line connections, Ofcom reported that the number of lines dropped from 34.9million in 2003 to 33million in 2009. Call minutes had also decreased by 15% from 167billion to 138billion over the same period with mobile minutes expected to exceed fixed line minutes in 2010(Case study p.558). A report on Broadband news also says that mobile broadband will overtake fixed line connections in 2011.(Broadband Choices 2009). It is likely that the trend will continue in this way, considering the convenience offered by mobile connections, of being able to make a call on the move. c. Competitive rivalry: (high) One of the aims of Ofcom is to ensure healthy competition among operators which saw a rapid growth in the number of competitors. The major competitors in the industry are Vodafone, Telefonica O2, Orange, 3 UK and Tmobile plus lots of MVNOs. According to the case study, wireless operator margins in the UK were up because of strong competition(p.559). d. Buyer power: (moderate) The main buyers from the industry are households(individuals) and businesses. According to case study(p.559), average churn(customer switching) rates in the market was 20% annually due to the introduction of number portability in 2007 and competitive tactics such as subsidising handsets for subscribers. Customers would switch operators for better offers or added value for their money. To counter this churn rate, most operators have found a way to switch post-paid customers to longer contracts of 18months or even 24months as at 2009. A recent 2011 report (Sim-only deals, 2011) highlights other reasons for low switching rates including providers loyalty programme and value for money SIM only deals which altogether gives them the power to make customers stay. e. Supplier power: (moderate) The main suppliers to the industry would be the handset makers and Ofcom. Major handset suppliers such as Nokia with 40% of UK handset market and Samsung,21%, supply handsets to the industry under global contracts(case study p.559). There are more suppliers today including Apple, which is another fast growing supplier as their phones are deemed trendy and a must-have because of its innovative features. Sony-Ericsson, Samsung are among the loads of others. The case study p.559 says mobile handset sales had experienced a decline in 2009 as UK wireless operators started to offer sim-only plans which allow consumers to retain their current handset and pay lower monthly tariffs. Ofcom on the other hand is the sole provider of spectrum. ATTRACTIVENESS: Based on the evidences from the five forces, the report concludes that the industry is attractive. This being that, though rivalry is high, but other threats and powers are low. Essentially incumbents or new operators can then focus only on competition and worry less about powers and other threats. 3 QUESTION TWO: STRATEGIC CAPABILITIES OF VODAFONE According to Johnson et al.(2011), Strategic capabilities are capabilities of an organization that contribute to its long-term survival or competitive advantage made up of two components: Resources, which are assets the company has or can call upon and Competenceswhich are ways in which those assets are used or deployed effectively. 3.1 RESOURCES AND COMPETENCES Human Resources Vodafone has had a history of experienced CEOs including Arun Sarin(resource), who was skilled in achieving growth in developing markets(competence/strength). Also, Gary Laurence(resource), head of Vodafone UK, appointed CEO in September 2008 was known for his ability to identify strategic options(competence/strength) and the current CEO, Vittorio Colao(resource) who succeeded Arun in 2008 is known for strong reputation as cost cutter.(competence/strength). (Case study page 563) Vodafones partnership with BT(resource) hosting BTs MVNO, allowed it to provide services to corporations.(competence/strength). It started a joint venture with O2(resources) which enabled it to extend its fixed-line network.(competence/strength). Vodafone, in its target of business travelers with passport services(resources), was able to offer home country voice rates while roaming in Europe and mobile data services for  £10 a day(competence/strength).(case study page 563) Financial Resources Financial Performance of Vodafone: (a) ROCE(Return on Capital Employed): measures the returns made from all forms of resources or capital employed in the business. Vodafones resources are the capital employed and its competence is shown in the amount of returns generated from utilization these capital. Vodafones ROCE plunged by 3.73% to give a ROCE in 2010 of 19.85. This may be slightly better than industry average but it shows a weakness to efficiently utilise resources to yield maximum profits. Vodafone 2010 2009 Industry ROCE 19.85 20.59 19.48 Source. Morning Star Stock Report. (b) Current ratio:   measures a companys efficiency at meeting its short term obligations. A good ratio would be for current liabilities to be covered at least once but Vodafones current assets(resources) can barely cover 50% of its liabilities in 2010 though it improved from previous year. On the whole, this is a weakness as the company is low on liquidity and incurring too much liabilities in terms of its short term borrowings. Vodafone Plc 2010 2009 Industry Current Ratio 0.50:1 0.47:1 Source: Morning Star Stock Report. (c) Net Gearing: shows the proportion of debt within a companys overall capital. The table below shows that Vodafones net gearing has declined from 40.67% in 2009 to 37.76% in 2010. Overall for the industry borrowing is about 40% of total capital. The reduction therefore for Vodafone is good as its means a reduction in finance costs too. Vodafone 2010 2009 Industry Net Gearing ratio 37.76% 40.67% 39.40% Source: Morning Star Stock Report. (d) Interest cover: explains Vodafones ability to service its debt. From the table below, it appears Vodafone makes enough profits to service it finance costs as it has been able to increase its interest cover to 7.51times in 2010 from 7.03times in 2009. This may not be a core competence but it is a strength for Vodafone. Vodafone 2010 2009 Interest cover 7.51 times 7.03 times Source: Morning Star Stock Report. Physical Resources Vodafone makes heavy investments in the marketing of its Product brands (competence/strength) which includes, landline solutions and mobile telephony, mobile broadband and secure employee remote access(resources), making them well known.(Vodafone website). It invests also in the marketing (competence/strength) of 3G dongles or cards(resources) for internet connection giving it the largest share of 3G subscribers. Vodafone used wholesale services to distribute its fixed voice and broadband (resources) but its prices were too high giving it only a few customers(weakness). Another of its products is the Vodafone-at-home(resources), with which it competed with fixed line providers by offering fixed line prices when customers call from within or near their home(competence/strength). Core Competences For the sake of this report, the core competences identified are Vodafones CEOs. They have been exceptional with what they bring to the table and how their expertise has been able to transform the company. Vodafone UK CEO, Gary Laurence has been formidable in terms of identifying strategic options available to the company such as successful alliances and joint venture with likes of BT and O2. Heavy investment in the marketing of its products giving it largest share of 3G subscribers is another core competence. 3.2 VODAFONE VALUE CHAIN Primary Activities Inbound logistics: Vodafone possesses its own network equipments, backbones and infrastructure to provide various communication services, and purchasing of handsets (Annual Reports 2010, p.21). Now, its in a network sharing agreement (sharing masts, sites and towers) with O2 covering the UK and 4 European countries,.(case study page 559, Guardian March 2009)., Another inbound logistic is the ownership of spectrum. Spectrum is of particular importance to the mobile phone and mobile broadband industry, which relies on it to carry information between customers handsets and mobile masts. Vodafone spectrum is 1800MHz. (Ofcom report, Feb 2011). Operations: All Vodafone operations are based on in-house infrastructure. Vodafones operations is dependent on its people, infrastructure and financial resources. Its logistics operations (which provides a variety of value-added services), evolves from a single, purpose built site in West Midlands.(Unipartlogistics.com) Out-bound logistics: Vodafone has consumer on-line purchasing systems in place that allow customers to purchase its services directly(Vodafone website). It also has its own billing system. Marketing and Sales: Vodafone has several own branded and other retail chains that it uses in distribution. According to the case   study(page 563), Vodafone invests a lot in marketing in all markets whilst promoting its brand and also sponsors Formula 1 and England cricket sports. Services: Its all encompassing website enables customer online ordering and feedback monitoring.(source).Vodafone has customer services helpline that offer after sales  services and it also offers services to MVNOs such as Lebara mobile, Asda mobile, Talk mobile(Carphone Warehouse) and BT mobile(http://ukmobilecoverage.co.uk/), Support Activities Infrastructure: Vodafones mode of expansion was the formation of a joint venture with O2(case study p.559) to manage its mobile network and share network covering 4 European countries and the UK. It also leases BTs fixed line services and hosts BTs MVNO.(case study p.562) Human Resource Management: Vodafone depends on its employees for the quality of its services to customers. It ensures an inclusive working environment and encourages innovation, ambition and pro-activeness. Vodafone encourages enthusiasm, talent and commitment in its employees in order to build and maintain its success and stay competitive.(Vodafone, Our people). Technology and Development: Vodafone owns internet portals which enables on-line ordering. Also, continuous RD helps the company to incubate and deliver innovation to the business. (Annual Report, 2010. p.20) Procurement: Vodafone, like other networks, purchases branded handsets from suppliers. Vodafone holds several training courses for its procurement team for efficient management of supplier performance. CONCLUSION SWOT MATRIX STRENGTHS 1. Experienced CEOs(UK CEO, Gary Laurence). 2. Partnership with BT and O2. 3.Offering home country voice rates abroad. 4.Heavy investment in marketing. 5.Vodafone at home 6. Good Interest Cover 7. Reduced borrowing WEAKNESSES 1.Low level of liquidity 2.Inability to increase ROCE 3.High prices and inefficient channel of distribution for fixed voice and broadband. OPPORTUNITIES 1. Governments privatization of Ofcom. 2. Consumer need for converged services. 3. Decline in Fixed line telephone market 4. 2012 Olympics 5. Consumer demand for smart phones 6. Consumer hype for modern technology 7. Ofcom issuance of entry license THREATS 1.Slow economic recovery from recession 2.Decline in disposable income 3.Immigration cap 4.Health issues in areas of mobile masts. 5.Customer switching rates. 6.Development of new technologies 7.Capital intensive recycling 8.Ofcoms issuance of entry license 9.Elaborate legal contarcts From all facts assessed in the report and also information from the case study and Vodafone accounts, it is indeed evident that Vodafone is struggling to develop a total communications strategy to enable it to secure leadership   in the rapidly growing market for high speed internet services in its UK home market due to the fact that it actually cannot improve its core activities in order to gain competitive advantage.

The Application Of Fractal Geometry To Ecology Essay -- essays researc

The Application of Fractal Geometry to Ecology Abstract New insights into the natural world are just a few of the results from the use of fractal geometry. Examples from population and landscape ecology are used to illustrate the usefulness of fractal geometry to the field of ecology. The advent of the computer age played an important role in the development and acceptance of fractal geometry as a valid new discipline. New insights gained from the application of fractal geometry to ecology include: understanding the importance of spatial and temporal scales; the relationship between landscape structure and movement pathways; an increased understanding of landscape structures; and the ability to more accurately model landscapes and ecosystems. Using fractal dimensions allows ecologists to map animal pathways without creating an unmanageable deluge of information. Computer simulations of landscapes provide useful models for gaining new insights into the coexistence of species. Although many ecologists have found fractal geometry to be an extremely useful tool, not all concur. With all the new insights gained through the appropriate application of fractal geometry to natural sciences, it is clear that fractal geometry a useful and valid tool. New insight into the natural world is just one of the results of the increasing popularity and use of fractal geometry in the last decade. What are fractals and what are they good for? Scientists in a variety of disciplines have been trying to answer this question for the last two decades. Physicists, chemists, mathematicians, biologists, computer scientists, and medical researchers are just a few of the scientists that have found uses for fractals and fractal geometry. Ecologists have found fractal geometry to be an extremely useful tool for describing ecological systems. Many population, community, ecosystem, and landscape ecologists use fractal geometry as a tool to help define and explain the systems in the world around us. As with any scientific field, there has been some dissension in ecology about the appropriate level of study. For example, some organism ecologists think that anything larger than a single organism obscures the reality with too much detail. On the other hand, some ecosystem ecologists believe that looking at anything less than an entire ecosystem will not gi... ...l Geometry is not the geometry of nature. Studies in History and Philosophy of Science. 25:6:967-981. Shibusawa, S. 1994. Modeling the branching growth fractal pattern of the maize root system. Plant and Soil. 165: 339-347. Simberloff, D., P. Betthet, V. Boy, S. H. Cousins, M.-J. Fortin, R. Goldburg, L. P. Lefkovitch, B. Ripley, B. Scherrer, and D. Tonkyn. 1987. Novel statistical analyses in terrestrial animal ecology: dirty data and clean questions. pp. 559- 572 in Developments in Numerical Ecology. P. Legendre and L. Legendre, eds. NATO ASI Series. Vol. G14. Springer, Berlin. Turner, M. G. 1989. Landscape ecology; the effect of pattern on process. Annual Rev. Ecological Syst. 20:171-197. Vedyushkin, M. A. 1993. Fractal properties of forest spatial structure. Vegetatio. 113: 65-70. Voss, R. F. 1988. Fractals in Nature: From Characterization to Simulation. pp. 21- 70. in The Science of Fractal Images. H.-O. Peitgen and D. Saupe, eds. Springer- Verlag, New York. Wiens, J. A., Crist, T. O., Milne, B. 1993. On quantifying insect movements. Environmental Entomology. 22(4): 709-715. Thomsen, D. E. 1980. Making music--Fractally. Science News. 117:187-190. The Application Of Fractal Geometry To Ecology Essay -- essays researc The Application of Fractal Geometry to Ecology Abstract New insights into the natural world are just a few of the results from the use of fractal geometry. Examples from population and landscape ecology are used to illustrate the usefulness of fractal geometry to the field of ecology. The advent of the computer age played an important role in the development and acceptance of fractal geometry as a valid new discipline. New insights gained from the application of fractal geometry to ecology include: understanding the importance of spatial and temporal scales; the relationship between landscape structure and movement pathways; an increased understanding of landscape structures; and the ability to more accurately model landscapes and ecosystems. Using fractal dimensions allows ecologists to map animal pathways without creating an unmanageable deluge of information. Computer simulations of landscapes provide useful models for gaining new insights into the coexistence of species. Although many ecologists have found fractal geometry to be an extremely useful tool, not all concur. With all the new insights gained through the appropriate application of fractal geometry to natural sciences, it is clear that fractal geometry a useful and valid tool. New insight into the natural world is just one of the results of the increasing popularity and use of fractal geometry in the last decade. What are fractals and what are they good for? Scientists in a variety of disciplines have been trying to answer this question for the last two decades. Physicists, chemists, mathematicians, biologists, computer scientists, and medical researchers are just a few of the scientists that have found uses for fractals and fractal geometry. Ecologists have found fractal geometry to be an extremely useful tool for describing ecological systems. Many population, community, ecosystem, and landscape ecologists use fractal geometry as a tool to help define and explain the systems in the world around us. As with any scientific field, there has been some dissension in ecology about the appropriate level of study. For example, some organism ecologists think that anything larger than a single organism obscures the reality with too much detail. On the other hand, some ecosystem ecologists believe that looking at anything less than an entire ecosystem will not gi... ...l Geometry is not the geometry of nature. Studies in History and Philosophy of Science. 25:6:967-981. Shibusawa, S. 1994. Modeling the branching growth fractal pattern of the maize root system. Plant and Soil. 165: 339-347. Simberloff, D., P. Betthet, V. Boy, S. H. Cousins, M.-J. Fortin, R. Goldburg, L. P. Lefkovitch, B. Ripley, B. Scherrer, and D. Tonkyn. 1987. Novel statistical analyses in terrestrial animal ecology: dirty data and clean questions. pp. 559- 572 in Developments in Numerical Ecology. P. Legendre and L. Legendre, eds. NATO ASI Series. Vol. G14. Springer, Berlin. Turner, M. G. 1989. Landscape ecology; the effect of pattern on process. Annual Rev. Ecological Syst. 20:171-197. Vedyushkin, M. A. 1993. Fractal properties of forest spatial structure. Vegetatio. 113: 65-70. Voss, R. F. 1988. Fractals in Nature: From Characterization to Simulation. pp. 21- 70. in The Science of Fractal Images. H.-O. Peitgen and D. Saupe, eds. Springer- Verlag, New York. Wiens, J. A., Crist, T. O., Milne, B. 1993. On quantifying insect movements. Environmental Entomology. 22(4): 709-715. Thomsen, D. E. 1980. Making music--Fractally. Science News. 117:187-190.

Elie Wiesel: a survivor of the Holocaust Essay

As a survivor of the inhumane, annihilating Holocaust, Elie Wiesel once said, â€Å"Having survived by chance, I was duty–bound to give meaning to my survival.†(â€Å"Having Survived†1). Elie Wiesel did not know at the time that he had a reason for surviving this tragedy, but soon realized that he survived to offer a story and message about the horrors of that time to a world that often seemed to block it out completely and forget (â€Å"Having Survived†1).To spread his message to the world, which is one of peace, redemption, and human nobleness, Wiesel speaks all over the world as a public orator. (â€Å"Elie Wiesel† 3). Elie Wiesel, an influential speaker and writer of the 1940s to present times, helped to render a further understanding of the abomination of The Holocaust through eloquence and deep thought, elaborate actions, and most of all, his strong traditional values. Elie Wiesel, a strong, courageous man, was subject to onerous acts in his childhood, yet in his present day, he discusses topics, such as hatred, all around the world with teenagers and adults(â€Å"Having Survived† 1). Born in Sighet, Transylvania on September 30, 1928, Wiesel lived an unexampled childhood(Berenbaum 2). In a lecture, he once said, â€Å"When human lives are endangered, when human dignity is in jeopardy.. Wherever men or women are persecuted because of their race, religion or political views, that place must–at the moment– become the center of the universe†(â€Å"Having Survived† 4). This quote symbolizes Wiesel’s view of the treacherous Holocaust, an event that changed mankind(â€Å"Having Survived† 4). As conditions of living began to change around Europe, 15 year old Wiesel’s life took a 360 degree turn for the worse when he and his family were taken to one of the many concentration camps set up by the NAZI leaders, at Birkenau and Auschwitz(Berenbaum 2). Wiesel was kept at this camp until January 1945, when at that point, he was sent with thousands of other Jewish prisoners to Buchenwald in a forced death march which was designed to kill the remaining prisoners, but ended up getting saved by the Allies(Berenbaum 2). When the war finally ended, Wiesel decided to go to secondary school in France and broaden his skills, where he studied journalism and began working for an Israeli newspaper, which helped him develop the expressiveness he has today(Berenbaum 2). Determined to get his message to the world, Wiesel began to write books about his experiences, such as his most famous work, Night, which is known today as one of the most  influential books of Holocaust literature(â €Å"Elie Wiesel†2). In this novel, Wiesel used his own experiences and memories while imprisoned to bring to life another character(â€Å"Elie Wiesel† 2). This character was a vehicle for Wiesel to express his feelings of sadness and despair because he survived, when others did not(â€Å"Elie Wiesel† 2). After the fame of his novel, Wiesel became a professor of humanities at Boston University in 1976, and began to speak to students about the struggles our world overcame(â€Å"Having Survived† 3). In a class, he once wisely said, â€Å"Without memory, there is no culture. Without memory, there would be no civilization, no society, no future† (â€Å"Without memory† 1). Wiesel wanted to stress the idea that without memory of what happened before, the future is doomed to make the same mistakes; accordingly, Wiesel was educated in sacred Jewish texts as a child, which he spoke about often(Berenbaum 2). When Wiesel began to travel and speak to keep the memories of his experi ences relevant, he became recognized worldwide and in 1986, became a recipient of the Nobel Peace Prize for his work and speech on behalf of victims, families and people everywhere(â€Å"Having Survived† 4). Wiesel used the money from the Nobel Prize to found the Elie Wiesel Foundations for Humanity in the late 80s and early 90s(â€Å"Having Survived† 4). His foundation sponsors essay contests for college and high school students and gathers well-known people together from all over the world as one to discuss and debate many different kinds of topics such as prejudice and bias(â€Å"Having Survived 4†). Even today, Wiesel continues to travel in his old age and speak out against brutality and injustice, he has written over three dozen books(and has been the subject of at least two dozen), but even after he leaves this world his legacy will live on as being truly strong and brave(â€Å"Having Survived† 4). Wiesel originally represented just one of the victims of the problem our world faced in the 1930’s to 40’s(Koestler-Grack timeline). During this time, the people of Sighet, Transylvania happened to be improvident to what was occurring in the world. In a lecture, Elie Wiesel stated, â€Å"There may be times when we are powerless to prevent injustice, but there must never be a time when we fail to protest,† which is ultimately what the people of this time were going to be forced to do(â€Å"There may† 1). This problem served as a major political issue, though the results were social. When Hitler rose to power in 1933, nobody knew or even thought that his dictatorship would lead to the deaths of over  fifty million people(â€Å"When Adolf† 1). In 1939, Germany sparked World War II with the invasion of Poland, and Hitler developed his desire for power(Koestler-Grack timeline). His â€Å"ethnic cleansings,† also known as genocide, led to what we know as â€Å"The Holocaust,† which occurred between 1933-1945(â€Å"Having Survived† 2). With the help of Hitler’s Nazi association, Germany systematically and slowly murdered millions of innocent people, like Jews and Gypsies(â€Å"Having Survived† 2). The Nazis’ overall plan was to take control of the majority of Europe and wipe out all of the European Jews in existence so he could bring out his new race of all blonde-haired, blue eyed citizens(â€Å"Having Survived†1). In the spring of 1944, the people of Sighet had their lives changed forever with the arrival of Adolf Eichmann to their town(â€Å"Having Survived† 2). Eichmann, the man who made all of the killing happen with his German policy, wrote that Jews in conquered countries could be taken without consent to concentration camps where people who held the title â€Å"enemies of the state† remained hostage and often ended up killed(â€Å"Having Survived† 2). Eichmann had orders from Hitler to extinguish an estimated 600,000 Romanian Jews in six weeks or less(â€Å" Having Survived† 2). By the end of those six weeks, the entire population of 15,000 Jews in Sighet were taken to camps, and Elie Wiesel contributed to that population(â€Å"Having Survived† 2). After surviving the war and the devastation, Elie knew that he had to make his voice heard about the horrors and his experiences; consequently, nobody in the world seemed to want to accept the fact that it had happened.(â€Å"Having Survived† 3). As he travels around the world today, he constantly says, â€Å"No human race is superior; no religious faith is inferior. All collective judgments are wrong. Only racists make them.†(â€Å"No Human† 1). Elie uses his skills as a speaker and orator to make the tragedy and truth known, for he brings out empathy for injustice during the process. As a social activist, through his writing and his speech, Wiesel used his work to solicit for Jews and for all of humanity(â€Å"Berenbaum 3). Wiesel survived, and uses his experiences to make the facts known so we never face a problem like this one again; moreover, his works speak of the need for people to feel compassion and gratitude for other human beings(â€Å"Having Survive d†3). When Wiesel speaks, he constantly says the same thing again and again: There is no compensation for what happened {in The Holocaust}. But at least a certain balance can be established that opposing fear there is hope, hope that when we remember the fear..  our memory becomes a shield for the future  (â€Å"Elie Wiesel† 3). Wiesel firmly believes that the efforts he has made and the efforts that others have made to keep the education of The Holocaust alive will prevent a devastation of that kind from happening again(â€Å"Elie Wiesel† 3). His silence originally broke in the mid 1950s in an interview with Francois Mauriac, who was a novelist(â€Å"Having Survived† 2).While listening to his story, Mauriac felt moved and ultimately urged Wiesel to speak out and tell the world what he had seen and heard(â€Å"Having Survived† 2). Elie Wiesel serves as a major public orator and influential writer(Berenbaum 3). In addition to his writings and speeches regarding the persecution of the Jews, both in the past and in the present, Wiesel has made an effort to speak out on behalf of all races, genders, religions and national origins that have been persecuted(â€Å"Elie Wiesel† 4). As a result and for times yet to come, Wiesel has been quoted saying, â€Å"There I am an optimist. I think it cannot happen again. I think the Holocaust was a unique event, therefore it will remain unique.†(â€Å"Elie Wiesel† 4). In 1978, Wiesel was asked by U.S President Jimmy Carter to be the head of his group that became known as the U.S Holocaust Memorial Council, which met with European officials to find information about other victims, visited concentration camps, and was responsible for the creation of the U.S Holocaust Museum in Washington D.C(â€Å"Having Survived† 4). Elie Wiesel’s words and novels act as a palliative to those who were subject to this historical event, and his words will continue to live on as a reminder in history. Through inspiration and eloquent speech and writing, Elie Wiesel continues to discern the disloyalty and cruelty of The Holocaust. Proudly, Wiesel travels the world giving life lectures, which have impacted and influenced the lives of many. His experiences help America, as an international unit, to prevent events like The Holocaust from repeating. As the years pass, Wiesel ages, yet his legacy will continue throughout the future generations.