What Is A Stock Market Finance Essay - Free Essay Example

Sample details Pages: 3 Words: 935 Downloads: 3 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? A stock market also known as an equity market is a public entity where shares are issued and traded either through exchanges or over-the-counter markets. It provides companies with a platform to raise capital and investors with a percentage of ownership in the company. The New York Stock Exchange is the largest stock exchange in the USA, in terms of market capitalization. Don’t waste time! Our writers will create an original "What Is A Stock Market Finance Essay" essay for you Create order In Asia, few of the prominent examples include the Tokyo Stock Exchange, the Bombay Stock Exchange etc. The stock market allows shares of businesses to be publicly traded, or raise additional financial capital for expansion (through additional stock offerings). The liquidity that an exchange provides to the investors gives them the ability to easily buy and sell securities. Some companies actively increase liquidity by trading in their own shares. Share prices and stock market movements are an important part of the dynamics of economic activity, and is often considered a good indicator of economic health of a nation. An economy where the stock market is on the rise is considered to be a healthy economy. In fact, the stock market is often considered the primary indicator of a countrys economic strength, development and progress. Rising share prices, for instance, tend to be associated with increased business investment and vice versa. Share prices also affect the income levels o f households and their spending and consumption patterns. Therefore, central banks tend to keep a watchful eye on the smooth operation and stability of the financial system. The intrinsic value of a company and its stock Intrinsic or fundamental value is the perceived value of an investments future cash flows, expected growth, and risk. A wise investor would want to purchase shares at a rate which is lower than the intrinsic value, which may be quite different from the market price (which is determined by the forces of demand and supply) of the share. Every buyer and seller has his/her own rationale behind purchasing or selling an asset, and they may employ different methods to estimate the value of the asset before making a decision to trade in it. Therefore, an asset may trade at a price which is significantly below or above its perceived intrinsic or fundamental value. The purpose of estimating intrinsic value is to take advantage of mispriced assets. If the market value of an asset is above its intrinsic value then the investor might choose to sell the asset. If the market value of an asset is below intrinsic value then the investor might choose to purchase the asset. In broad terms, t here are 3 commonly used methods to calculate the intrinsic value of a stock:- Discounted Cash Flow or NPV Analysis The most common technique is the discounted cash flow (DCF) analysis for calculating the net present value. In simple terms, the DCF technique tries to compute the value today, based on projections of all of the cash flows that the company aims to generate during a few years in the future. It works on the principle of time value of money (TVM) (i.e. cash to be received in the future is of less than that received today). This is not always easy; it is a difficult task to forecast how a companys future cash flows will grow, the duration for which they will grow, and what rate should be used to discount it and arrive at its present value. The DCF technique can be outlined in 4 steps as follows:- Step 1: Forecast the expected cash flows of the company. Various assumptions regarding the growth rate, working capital requirements etc. will have to be used in order to arrive at a relatively accurate forecast. Step 2: Compute the discount rate to be used for computing the NPV of the cash flows. This rate is also known as the Weighted Average Cost of Capital (WACC). WACC = [E/(E+D)*Re] + [D/(E+D)*Rd][1-Tc] Where, E = Market value of the firms equity D = Market value of the firms debt Re = Cost of equity Rd = Cost of debt Tc = Corporate tax rate. Step 3: Calculate the value of the company by using the WACC to discount the expected cash flows. Step 4: Calculate the intrinsic stock value, by subtracting the companys liabilities (such as debt, preferred stock etc.) to get the Value to Common Equity and then divide this by the number of shares outstanding. The advantage of DCF analysis is that it is based on free cash flows (FCF), which is less subject to manipulation than figures and estimates computed using the financial statements of a company. It is also forward-looking and relies more on the future performance o f the company, rather than past trends. Earnings power value (EPV) Earnings Power Value is a valuation technique which uses the equation: EPV equals Adjusted Earnings divided by the companys Cost of Capital. This technique works under the assumption that there is no growth. Therefore, analysts believe that this is a simpler way to analyze stocks than DCF analysis (which relies on speculative growth assumptions for the future). However, it does rely on an assumption about the cost of capital, as well as the fact that current earnings are sustainable (with several adjustments). Asset-based methods These methods require analysis and computed based on figures available in the financial statements of a company (such as Income Statement, Balance Sheet etc.). One of the techniques (the liquidation value technique) aims to estimate the value at which the various assets of the company (such as land, machinery etc.) can be sold off, after accounting for any liabilities that may be outstanding at that point of time.

Native american Essay - 601 Words

People had already been living in the Americas for thousands of years before the Europeans â€Å"discovered† the Americas. When the Europeans invaded this land they brought with them diseases such as smallpox, malaria, yellow fever, plague, typhus, and influenza contagions that repeatedly spread through the Native American peoples, killing them in high numbers. At the time the United States was settled by Europeans, it was abundantly populated by dozens of separate nations with diverse civilizations and cultures. Despite their initial confusion to their situation after the arrival of Europeans, the Native Americans did not take their disenfranchisement from their own land lying down. Native Americans have a long history of quot;fighting†¦show more content†¦With such diversity of the Native American people in terms of tribes, location, and differences of mixed ancestry, it is easy to understand why such a diverse people respond to their unique position in a number of ways. Some Native Americans who live on a reservation are so used to being just among their own people it like culture shock when they are sent out into a world they really dont understand or were properly prepared to go out into. They are never given the social skills to interact with other races because they never had to interact with other races; they were always around Native Americans. I think that some Native American’s who leave the reservations after living their entire life there, to go to school quickly run into prejudices that they are not used to. They do not realize that sometimes it may not directed at them personally, that is just the way some people are because they do not understand the culture or its people. A Native American raised on the reserve will probably have a difficult time with different races because they are not immersed in a multi-cultural setting. All that person knows, who came from a reservation is family and the people they were raised around. They had very little contact with other races other than their own A Native American raised in a rural setting is exposed to some of the other races out there in the world. So it is not so hard for them to interact, they willShow MoreRelatedNative American And Native Americans1137 Words   |  5 PagesNative American Displacement Long ago on the great plains, the buffalo roamed and the Native Americans lived amongst each other. They were able to move freely across the lands until the white men came and concentrated them into certain areas. Today there are more than five-hundred different tribes with different beliefs and history. Native Americans still face problems about the horrific history they went through and today s discrimination. The removal of American Indian tribes is one of theRead MoreNative American And Native Americans1221 Words   |  5 Pages1607, the Native Americans have been treated poorly by the Europeans. The settlers came and stripped the Natives of their land by wars that the Natives were not equipped to fight. Native Americans were forced to move towards the west into uncharted territory and many died on the journey. The American government later made many promises to the Native Americans that were unkept, which had a very troubling effect on their communities. The promises the Unite d States government made to the Native AmericansRead MoreNative American And Native Americans871 Words   |  4 Pages Native Americans have been forced out of their culture over time, forced into assimilation, lost their rights, and have lost their land due to policies and laws by the whites that can’t bear the Native American way of life. There used to be many Native American tribes all throughout North America, and now these tribes are spread across the country and are blended into the rest of the population. The native ways have changed drastically in the last two centuries due to relocation programs, IndianRead MoreNative American And Native Americans1187 Words   |  5 Pagesmany Native American had already been there and the government were building railroads and roads. People rushed to settle in the west to mine for gold. Cities and town along with railroad and roads building at a rapid pace changed the habits of the buffalo. Buffalo were an important symbol in the Native Americans live they used buffalo as their main food source and they use the skin to make clothes and teepee covering , bones for silverware and hunting tools like arrow. The Native Americans makeRead MoreNative American And Native Americans1292 Words   |  6 PagesStates, Native Americans are considered to be people whose pre-Columbian ancestors were indigenous to the lands within the nation s modern boundaries. These peoples were composed of numerous distinct tribes, bands, and ethnic groups, and many of these groups survive intact today as sovereign nations. The terms Native Americans use to refer to themselves vary regionally and generationally, with many older Native Americans self-identifying as Indians or American Indians, while younger Native AmericansRead MoreNative American And Native Americans1156 Words   |  5 Pageswith the Native Americans. The whites had different ideas that they wanted to contribute to the country, and the Native Americans wanted to stay lo yal to their cultural traditions. The early people of the United States gradually gained control of the country. This lead to Native Americans being methodically pushed off their land, deceived multiply through a broken treaty, and most of all, not being completely recognized as citizens by the rest of American society. Some of these Native American groupsRead MoreNative American And Native Americans2248 Words   |  9 PagesThe Native Americans, their origin and similarities with Native Finns Native Americans, the first settlers of the Americas arrived to the continent about 15 000 years ago. Crossing a land bridge between Asia and America during the ice age. It was not just one group that spread across the continent, but small groups of migrants for a long time period. The land bridge which the migrants used to cross between the continents does not exist today, but is instead known as the Bering Strait. All of theRead MoreNative American And Native Americans2251 Words   |  10 Pageshistorical evidence, the notion: â€Å"Native –Americans were not the first inhabitant of America is a complete false. For centuries, history kept accurate and vivid account of the first set of people who domiciled the western hemisphere. Judging by that record and evidence, below are the first set of Native-American people who inhabited the western hemisphere, including the new â€Å"America† before the arrival of another human race†¦ The Iroquois: The Iroquois of Nati ve Americans were one of the tribes that livedRead MoreNative American And Native Americans2322 Words   |  10 Pagesago, Native Americans roamed North America. That was until the arrival of the whites lead by Columbus in 1492. The white Americans then began to take as much land as possible, contradict with the native’s customs and tried to take complete control of their lives. Native Americans didn’t believe in owning land- they believed that all of the land was everyone’s to share. So when the white Americans find out none of the land is owned, they take control of the land, and slowly push the Natives out asRead MoreNative American And Native Americans1803 Words   |  8 PagesAmericans have long been fascinated with the imagery and lore of Native Americans. From early historians to Mark Twain to Hollywood, Native Americans have been viewed as savages, aggressors, monotonal in voice, and drunks. Native Americans have had a strong influence on America’s birthplace including environmental issues to the diet and foods we eat. It was not until the arrival of the European settlers that Native Americans faced the deterioration of their civilization and culture. Events of

Latino Engineering Continuous Improvement â€Myassignmenthelp.Com

Question: Discuss About The Latino Engineering Continuous Improvement? Answer: Introducation The paper analyses the case study of Latino Engineering, a company that started from scratch under the leadership of Dominic Latino. Perhaps the name Latino Engineering was drawn from its owner Dominic Latino. However, in the case study Dominic Latino, after a long service in the company decided to sell it to Investment Group that maintained the companys name even after the takeover. It is glaringly notable that the company is facing a raft of problems since its takeover even after it retained some of the companys previous employees before even the purchase. As clearly stated in the case study, during the reign of Dominic Latino he singlehandedly made decisions, but the company was still stable and afloat. In his leadership, the management relationship with its employees was cordial and perhaps that made workflow quick and efficient. Ideally, when the working relationship is superb, definitely the employees would work synergistically to deliver excellent results and that is why the c ompany gained customer loyalty. Nonetheless, the paper would have to use some quality tools to examine the root causes of the problems Latino Engineering is experiencing today in the case study. The quality tools to be used in the identification of the root cause of this problem are accordance with the requirements of the total quality management. Besides, after quality tools have been used to identify the causes of the problems in the case study, the paper would also develop an implementation plan that would be used to eliminate or perhaps minimize the root causes of the challenges the company is facing today (Salah, Rahim, Carretero, 2014, P.250). Finally, in accordance with the continuous improvement plan approaches, PDCA methodology would be used to develop an improvement plan Latino Engineering would use to streamline its business operations. Identification of roots causes using quality tools and techniques In total quality management there are seven main quality tools that are used to identify the root causes of problems an organisation can face (Goetsch, Davis, 2014, P.67). They include: histogram, Scanner plot, check sheet, the Pareto diagram, control chart, cause, and effect diagram. All the seven tools can equally be employed to identify the sources of problem in this case study. But, picking one or two quality tools would still give some root cause of the problem. This being a problem that can be analyzed qualitatively as opposed to quantitatively, Pareto Diagram and Cause-effect Diagram are the most appropriate in establishing the root causes of the challenges of Latino Engineering. Cause and effect Diagram This quality tool shows the systematic relationship that exists between the cause and effect or results. However, the relationship can also be between symptoms, effects or outcomes and the causes (Magar, Shinde, 2014, P.365). In essence, this quality tool is easy to apply, business it helps in digging deep into the root cause. It traces the source of the problem and relates its effects and outcome. This tool simply uses the approach of reverse engineering, where the effect or the results at hand are analyzed to understand its causes. This quality tool follows the procedure below: Agreeing on defining the effect, this then is used to understand the causes. The effect must be defined clearly, and analyzed properly so that it leads to the understanding of the cause (Sokovi?, Jovanovi?, Krivokapi?,. Vujovi?, 2009, p.5). On this step, one needs to be meticulous because any misstep in this stage can make it impossible to identify the actual root causes. After defining the effect, and thoroughly analyzing it, the TQM consultant would then have to determine some main groups of the problems (Magar, Shinde, 2014, P.365). The categories can be people, process, management or generally the environment. The categories or classes of the problem are then connected to the backbone to assist in understanding the effect. Ideally, the cause and effect diagram is like this one below here: Application of Cause and Diagram to the Latino Case Study Using this tool, it is apparent that Latino engineering requires engineering equipment to carry out its business activities. However, going by the reports of customers, they have complained that the company is using faulty equipment. Therefore, without any doubt, equipment is one of the root causes as far as this case study is concerned. Businesses are required to use the right equipment to carry out their roles excellently, but in this case in point it is crystal clear that some defective equipment was used. Process Apparently, the wrong equipment impacted the process of servicing vehicles in the right way to the satisfaction of customers. Therefore, the process can also be considered to one of the root causes, because if the process is right, definitely the use of wrong or faulty engineering equipment would not have happened. The process is said to be right, effective or efficient if it uses the material or equipment to perform some task. Thus, if Investment Group followed the right process obviously customers would not have raised complaints indicated in the case study. Employees Also, since employees are the ones that carry out the processes, then they can also be categorized as a root cause of the problem (Sokovi?, Jovanovi?, Krivokapi?,. Vujovi?, 2009, p.5). They allowed the use of faulty equipment or material to carry out their roles and as an employee one must be able to ascertain if the equipment they are using is effective or right before proceeding with the process. Thus, the poor quality the customers are reporting is because the employees at Latino Engineering stopped following the right process, like the former owner of the company Dominic Latino. Management It essential to note that Investment Group is the one managing Latino Engineering, and before them the management of the company was effective and that is why there were no any complaints from customer. In the case study it is reported that Dominic Latino could make here decisions independently and that did not affect the quality of their products or services (Pettersen, 2014, P. 209). However, with the new management at the company, cases of poor quality are being reported and also the service team at the company is not attentive to the customer needs. All the complaints about poor quality, incompetent service team reflect the kind of leadership at the company. In summary, poor quality, poor customer care services and drop in returns at the company can be attributed to the following root causes: equipment, process, employees and management. In the use of this cause and effect, it is evident that one cause leads to another problem. If these causes are represented in a diagram they would then be able to form a diagram like the one shown above. Thus, cause and effect diagram is effective in identifying the root causes that are leading to a certain results or effect. Pareto diagram This quality tool is like a bar chart, and it is equally instrumental in identifying a root causes in any problem as in the case study of Latino Engineering so that a strategy for improvement can be developed (Magar, Shinde, 2014, P.365). Ideally, using this tool categories are also required depending on the data collected. First, what a QTM consultant should do identifying an area with most complaints and establishing the nature of the complaints. Identifying the frequency of complaints would then help in drawing a Pareto diagram like the one below. Using the example of the Pareto diagram below, then one can conclude that documentation is the root cause of a problem An example of Pareto Diagram Product quality- Considering the case study of Latino Engineering there are complaints that the product quality has dropped unlike during the time of Dominic Latino (Sokovi?, Jovanovi?, Krivokapi?,. Vujovi?, 2009, p.5). In the case study, it is indicated that the designs are bad and also the engineering equipment used is faulty. It is notable that during the time of Dominic Latino the customers liked his products due to better designs and quality, hence poor quality is indeed a root cause of the problem in this case study. Packaging- There has been cases of wrong products being shipped to the customers. In all honesty, from the perspective of customers, a company that is unable to deliver the right product to satisfy their needs, is not caring and is not committed to meeting their needs. As a result, customers can shift their loyalty to cares about their needs. Poor service delivery- Since Dominic Latino quit the company and the new management of the Investment Group took over, customers have started raising complaints about service delivery. They are complaining about the service team at the company not keen to listen to their needs. Service team at any organization should observe customer care relations, and the failure of this team at the company indeed is a root cause to the problem Latino Engineering is grappling with. Management- However there is no direct complaint about the current management of Latino Engineering, but from the concept of the buck stops with the top leadership, it is perfectly right to assert that the entire failure witnessed at Latino Engineering is due poor management. The management needs also to be looked into, to understand their leadership and failures to maintain excellent product quality at the company. Being a minor problem, the management root cause can be categorized as others, because if broken down it can be learnt that the top leadership may not be the cause of the companys problems as outlined in the case study (Kerzner, 2013, P.65). In summary, using the Pareto Diagram to identify the root causes, product quality could be the main cause the company is failing. Also, poor packaging, poor customer care relations and management are some of the root causes. Nevertheless, using both the cause and effect diagram and Pareto Diagram, it is evident that the root causes are almost similar if they are both analyzed in details. Thus, it is effective to use more than one quality tools in order to ascertain root causes from different perspectives, to establish the right approach to solving a problem as in this case in point (Meredith . Mantel, 2014, p.8). Nevertheless, after identifying the root causes, as a TQM consultant the next step is coming up with an implementation plan that can help eliminate or reduce the root causes. To develop an implementation plan, lean management and six sigma have to be integrated to solve eliminate some of the root causes at Latino Engineering so that the company can go back to its profit-making era. Besides, the origin of lean management is reported to be from Toyota in Japan and later many firms in the USA have implemented it objectively to eliminate things that can prevent them expanding and making profits (Groves, Knopman, Syme, Kalra, Mao,2017, P.9). Implement Organisational culture change Lean management and six sigma are today have advanced in the management system and that is why they are applied to eliminate some problems in an organization (Arnheiter, Maleyeff, 2005, p.9). Both Lean management and six sigma recommend change of organization culture. Investment Group need to change its organisational culture, from that culture where employees are reckless and not customer-centered to one that is customer-centered, keen on details and synergistic (Lam,O'Donnell, Robertson, 2015, P.211). Ideally, lean management recommends eliminating things that are derailing an organization, and through a new organisational culture Latino would be able to solve a problem of non-responsive service team that has completely derailed the companys customer care relations. Organisational culture would inculcate some values that would drive Latino Engineering forward. Respect Responsibility According to TQM, six sigma it is the responsibility of everyone to ensure that the quality of goods and services is excellent at an organisation (Goetsch, Davis, 2014.p.8). As an employee, it is important that one needs to understand that they have an obligation to the organization. As mentioned earlier, Latino Engineering needs to change its organisational culture; it is through this culture that every employee would nurture the ownership culture (Fryer, Antony, Douglas, 2015, P.6). When employees feel that they own a company they feel indebted to serve it. Therefore, the management needs to ensure that every employee in their capacity needs to ensure that the Latino Engineering offers its customers high quality product or services. As a result, the company would have to change its leadership at the service team, and some of the employees in the department should be retrained on customer care management (Groves, et, al, 2017, 89). Also, those employees that fail to take their res ponsibilities as required by the company should be sacked. Sacking and hiring According to lean management, a firm should do away with waste and in this case study it is apparent that some mechanical engineers are becoming burden and unprofessional and that is why they could just use faulty engineering equipment (Andersson, Eriksson, Torstensson, 2006, p.283). Also, in the use of cause and effect diagram quality tool, it was observed that customers complained about receiving wrong products from the ones they orders. In such a situation, the company would have to sack the individuals who packaged the wrong products and delivered to the customers (Singh, 2015, p.87). In essence, the company is correcting weaknesses and it is necessary to have some individuals sacked and competent ones hired. Creation of Communication Department Another significant element associated with six sigma is its focus on customers (Salah, S., Rahim, Carretero., 2010, P. 250). In TQM, customers are the primary stakeholders, and Latino Engineering must marketing some radical changes which must be communicated to customers (Pettersen, 2009, P.128). First the company should reassure its customers that they are regretting its past failures and they are determined to satisfy their needs. Also, the company should embrace organization communication by creating a PR department, to help the company management frame its agenda and strategies and communicate to its publics. Also, through the PR department, the company should run adverts on radio, newspaper and other media reassuring customers that the company is committed to meeting their needs, as it has been since its inception. In addition, to the advert the company should apologize to customers that were affected by poor quality, and use of faulty engineering equipment. Monitoring and evaluation As recommended by both lean management and six sigma monitoring and evaluation should be used to achieve perfection at the company (Bendell, 2006, P. 258). The control stage is important in undertaking any project and therefore the companys management would now have to augment its monitoring and performance evaluation. Also, the management would directly have to inspect the engineering equipment, so as to avoid the use defective ones. In a nutshell, if Investment Group implements the above listed recommendations it would be possible to eliminate the root causes as explained using the Pareto diagram and cause and effect diagram (Bernhardt, 2013, P.269). Continuous Improvement (CI) Plan PDCA is a model for CI with four stages and these stages are repetitive in nature. PDCA is also called Deming circle (Morgan, Stewart, 2017, P. 304). In TQM, PDCA stand for plan, do, check and act. Plan- it deals with the analysis of what requires for improvement with absolute consideration of some areas that require some changes. Ideally, plan stage seeks to promote decision making by the management on what is required to change (Kerzner, 2013, P.45). According to TQM, the project management has a role to play in running the processes being carried out Chadha, 2017, P.40). Therefore, the management of Latino Engineering would use the plan phase to make decisions on how to improve its product quality, improve its service team and ensure that faulty engineering equipment is not used. Generally, Latino Engineering would use the plan phase to identify its current and future problems to develop a roadmap for solving them (Hibi et al, 2005. P.7). Do- the Do-phase is about implementing changes that were suggested on the plan phase (Ren. Fan, 2015, 269). Decision making is done on the plan phase, and therefore the DO-phase helps in implementing some solutions as recommended on the plan phase (Magar, Shinde, 2014, P.370). Basically, this phase is critical because it is then that decides what exactly the organization should do as far the decisions made earlier are concerned. Check-on this phase the management and supervisors would have to find out if the solutions implemented on the DO-phase are being adhered to (Magar, Shinde, 2014, P.370). Of essence again in this stage is that the management would have to analyze the processes at Latino and where they identify some weaknesses they can still plan (Charvat, 2003, P.65). Hence, the check phase can still be carried out with the plan stage. Act- this stage is about result evaluation and in this Latino Engineering would have to evaluate the performance of its Service Team, find out if there are any complaints about quality and engineering equipment (Magar, Shinde, 2014, P.370). After the evaluation, the companys management would still go back to the plan stage to make decisions to correct the mistakes identified before they cause more damage to the company. In conclusion, the case study of Latino Engineering is a project that is on the precipice of collapse unless some changes are implemented. Through the use of Pareto diagram and cause and effect diagram, it has been possible to identify some root causes, whose solutions have been provided on the implementation plan. Furthermore, the continuous improvement plan, which uses PDCA-cycle, would help the company improve its activities as soon as possible to avoid the problems outlined in the case study. References Arnheiter, E.D. and Maleyeff, J., 2005. The integration of lean management and Six Sigma.The TQM magazine,17(1), pp.5-18. Andersson, R., Eriksson, H. and Torstensson, H., 2006. Similarities and differences between TQM, six sigma and lean.The TQM magazine,18(3), pp.282-296. Bendell, T., 2006. A review and comparison of six sigma and the lean organisations.The TQM magazine,18(3), pp.255-262. Bernhardt, V., 2013.Data analysis for continuous school improvement. Routledge. Chadha, R., 2017. Value Through Continuous Improvement. FAIMA Business Management Journal, 5(1), p.40. Charvat, J., 2003.Project management methodologies: selecting, implementing, and supporting methodologies and processes for projects. John Wiley Sons. Fryer, K.J., Antony, J. and Douglas, A., 2015. Critical Success Factors of Continuous Improvement in the Public Sector: A review of literature and some key findings. Groves, D., Knopman, D., Syme, J., Kalra, N. and Mao, Z., 2017. Evaluation of the Jinan City Water Ecological Development Implementation Plan and Recommendations for Improvement. Goetsch, D.L. and Davis, S.B., 2014.Quality management for organizational excellence. Upper Saddle River, NJ: pearson. Han, M., Ahn, K.H., Ryu, J., Son, J., Park, B.K. and Kim, Y.S., 2014. Evaluation of the Development and Reduction Scheme under Implementation Plan of Total Maximum Daily Loads in the Jinwi Watershed.Journal of Korean Society of Environmental Engineers,36(6), pp.451-459. Hibi, S., Ina, K., Kabeya, M., Inoue, H., Shirokawa, Y., Nagaoka, M., Yokoi, S., Suzuki, A., Niwa, E., Kataoka, T. and Yuasa, S., 2016. SY-2-4Quality management of cancer Kerzner, H., 2013.Project management: a systems approach to planning, scheduling, auditing controlling. John Wiley Sons. Lam, M., O'Donnell, M. and Robertson, D., 2015. Achieving employee commitment for continuous improvement initiatives.International Journal of Operations Production Management,35(2), pp.201-215. Magar, V.M. and Shinde, V.B., 2014. Application of 7 Quality Control (7 QC) Tools for Continuous Improvement of Manufacturing Processes.International Journal of Engineering Research and General Science,2(4), pp.364-371 Meredith, J.R. and Mantel Jr, S.J., 2011.Project management: a managerial approach. John Wiley Sons. Morgan, S.D. and Stewart, A.C., 2017. Continuous Improvement of Team Assignments: Using a Web?Based Tool and the Plan?Do?Check?Act Cycle in Design and Redesign.Decision Sciences Journal of Innovative Education,15(3), pp.303-324. Pettersen, J., 2009. Defining lean production: some conceptual and practical issues.The TQM Journal,21(2), pp.127-142. Ren, M.M., Ling, N., Wei, X. and Fan, S.H., 2015, November. The Application of PDCA Cycle Management in Project Management. InComputer Science and Applications (CSA), 2015 International Conference on(pp. 268-272). IEEE. Sokovi?, M., Jovanovi?, J., Krivokapi?, Z. and Vujovi?, A., 2009. Basic quality tools in continuous improvement process.Journal of Mechanical Engineering,55(5), pp.1-9. Salah, S., Rahim, A. and Carretero, J.A., 2010. The integration of Six Sigma and lean management.International Journal of Lean Six Sigma,1(3), pp.249-274. Singh, J. and Singh, H., 2015. Continuous improvement philosophyliterature review and directions.Benchmarking: An International Journal,22(1), pp.75-119. Zlatunich, N. and Couture, T., 2015. 2015 gap analysis for Uganda Family Planning Costed Implementation Plan 20152020. chemotherapy using the Plan-Do-Check-Act (PDCA) cycle method by chemotherapy team.Annals of Oncology,27(suppl_7).

Should the polluter pay Essay Example

Should the polluter pay? Paper On March 16, 1978, the oil tanker Amoco Cadiz ran aground off the coast of France, polluting two hundred miles of coastline. Though fifty-nine thousand tons of oil were spilled, only twenty-thousand were removed by refining plants. This led to the death of approximately twenty-thousand birds, nine thousand tons of oysters, and damage to other species. The oil spill damaged the pink granite in nearby areas, and ruined seventy-six tourist beaches. The incident, however, could have been avoided, if the captain of the ship had called a tug boat in time. This tug would have pulled his ship away from the rocks, thus preventing the incident. This example highlights the damage that a negative externality can have. What is an externality? It is the effect on a third party from the use or provision of a good or service. There are two kinds: positive and negative. Most of the externalities that make the headlines today are negative externalities, with examples including numerous oil spills, pollution by electricity companies and others. I believe that companies should be forced to pay for the negative externalities that they cause, either as taxes or being forced to solve the problem that they created. Every business has an obligation to ensure the well being of the community within which it operates. This involves solving or funding the solution of the problems that they make. This is the basis of R. Edward Freeman’s article â€Å"Managing for Stakeholders. † Freeman, a philosopher and professor, believes that companies are expected to be â€Å"good citizens † and should attempt to control any negative effects as efficiently as they can. He says that managing for stakeholders is all about providing â€Å"value † without resorting to the creation of negative â€Å"tradeoffs . We will write a custom essay sample on Should the polluter pay? specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Should the polluter pay? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Should the polluter pay? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer † I agree with Freeman on this point. If businesses can provide value without the creation of negative tradeoffs then society and the company would greatly benefit. Consumers today are much more socially conscious than ever before. If they have the opportunity to buy goods that are made in a socially responsible manner, a great number will be willing to pay the extra cost. This could potentially increase sales of the company and as a result profits would also go up. The scope of most laws designed to protect the environment from business activities is rather limited. They give companies the idea that a limited amount of pollution is okay. The same goes for laws created to control negative externalities. Companies should be forced to shoulder the costs of their negative externalities as this will force them to spend money to rectify their mistakes. While encouraging them to not make the same mistakes again, this will allow them to save money and reduce the creation of negative externalities as well. My view is also supported by N. Cristian Brown, a retired law professor and journalist, who wants the ideal company to be a socially responsible one. Brown also states that if businesses were forced to pay the full costs of operating, then they would realize that their businesses are too big to be profitable. Comparing a large company to a dinosaur, naming it â€Å"Econosaurus Rex,† Brown shows us her belief in the destructive nature of large corporations. She strongly feels that only government intervention will be able to solve the problem. Brown’s article is in direct contrast to Gene Callahan’s article â€Å"What is an Externality? † Callahan, an author, believes that the free market will be able to take care of any externalities arising from the operation of a business or an industry. He is a believer in Nobel Laureate Ronald Coase whose analysis states that as long as property rights are clearly defined, and the cost of enforcing these rights is relatively low, the people who are affected by this can agree with the company on how to internalize the externality. The people of the area will know best on how to internalize any externality, as they are the most familiar with their surroundings and will be the most inclined to get them back to what they used to be. This gives them a rather large stake in the enforcement of property rights. But the main problem with property rights is that they are very hard to define, which is why they cannot be implemented easily. For example, if a company pollutes a river by dumping toxic waste, and property rights are defined for a certain stretch of the river along which a town lies, the company will be forced to clean up that stretch. But it is unlikely that it will clean up the rest of the river, as it will incur large costs for them, and it is not required by law. This is why the use of property rights is not feasible. This is the main free market solution to this problem, and since it is not very effective, I feel that only government intervention will work. The two main ways in which the government can intervene in order to control negative externalities are Pigouvian taxes and cap-and-trade programs. Pigouvian taxes are the more commonly used form of government control on companies creating negative externalities. They are taxes which focus on activities that cause â€Å"more harm to others. † Taxes can be both producer side and consumer side. An example of a producer side tax is a tax on pollution resulting from production and an example of a consumer side tax is taxtion on highways, which prevent congestion. These taxes are a burden on society, but they are offset by the â€Å"the reductions they cause in costly side effects of everyday activities. † These taxes would also generate high levels of revenue, thus making up for the deficit in public earnings. Since Pigouvian taxes are constant, they would provide a continuing incentive to innovate in methods to reduce pollution resulting from production. The other major alternative is a cap-and-trade program. A cap-and-trade program involves putting a cap on the total amount of pollution, which is deemed â€Å"acceptable,† and issues a number of permits which enforce that level to companies. Firms that pollute less than their permit allows them to, can sell off the excess permits to other companies. This method creates financial incentives for companies to come up with strategies to reduce pollution, as they can gain by selling off excess pollution allowances and lower payments for intial pollution allowances. The market based side of this allows efficient allocation of permits. If a company can reduce pollution at a low cost, then it can sell its excess permits to companies that cannot do so. Thus, it results in an overall reduction of pollution, but at a lower cost. Also, the government obtains revenue from the initial auction of the permits and by taxing the increased profits of the firms that can sell off their excess permits. There is an interesting side effect of the cap-and-trade program in the USA. A number of environmental groups have gone about buying excess permits, thus driving up the demand for permits, and thus, the price for permits. This makes it more costly for firms to pollute, which serves the government’s goal of reducing pollution. However, there are some major disadvantages with both these methods that we need to contend with. The major disadvantage of the cap and trade program is the fact that it gives producers the idea of an â€Å"acceptable† level of pollution. It also may mislead society into believing that there is a reduction in pollution, when it is only a reduction in per unit levels of production. There is also a chance of the bigger corporations buying up a majority of the permits, this perpetuating the pollution that the introduction of permits is trying to reduce. Taxes also have their own set of disadvantages. They can have a regressive effect on societal income, wherein low income groups have to pay the tax eventually, leading to issues of equity. It will lead to an increases in price of goods that are being sold. It also raises the question of exactly how much to tax. However, in spite of these shortcomings, government intervention is still the most effective method of controlling externalities. I feel that it is necessary for governments to intervene in order to control negative externalities. The free market simply does not provide enough feasible options. The ‘polluter pays’ principle, in my opinion, is the way to go, and companies should be taxed or forced to solve the negative externalities that result from normal commercial activity. This will provide an incentive for them to try as hard as possible to reduce those externalities to the best of their ability. We must remember, that at the end of the day, it is necessary to control the externalities, as they are slowly destroying the planet. To quote a Native American proverb â€Å"We do not inherit the earth from our ancestors, we borrow it from our children;† and it is for our children that we must ensure that the perpetrators must pay for their transgressions. Word Count: 1510 WORKS CITED 1. Brown, N. Cristian. Scaling Down Corporate Persons. The Daily Kos (2009). Print. 2. Callahan, Gene. What Is an Externality? The Free Market (2001). Print. 3. Frank, Robert. How to Run up a Deficit, Without Fear. New York Times 6 Dec. 2009. Print. 4. IncidentNews: Amoco Cadiz. IncidentNews: Welcome to IncidentNews! Web. 22 Mar. 2010. http://www. incidentnews. gov/incident/6241 5. Lee, Susan. How Much Is the Right to Pollute Worth? Wall Street Journal (2001). Print. 6. Freeman, Edward R. â€Å"Managing for Stakeholders. † Business and its Publics: Inquiry and Discourse. Boston: Pearson Learning Solutions, 2008. Print. 7. McGee, Matt. Economics: In Terms of the Good, the Bad and the Economist. Victoria: IBID, 2005. Print. 8. Environment Quotes, Green Sayings, Ecology, Conservation, Pollution, Etc. The Quote Garden Quotes, Sayings, Quotations, Verses. Web. 28 Mar. 2010. http://www. quotegarden. com/environment. html.

Malcolm X in Mecca and His Conversion to True Islam

Malcolm X in Mecca and His Conversion to True Islam On April 13, 1964, Malcolm X left the United States on a personal and spiritual journey through the Middle East and West Africa. By the time he returned on May 21, he’d visited Egypt, Lebanon, Saudi Arabia, Nigeria, Ghana, Morocco, and Algeria. In Saudi Arabia, he’d experienced what amounted to his second life-changing epiphany as he accomplished the Hajj, or pilgrimage to Mecca, and discovered an authentic Islam of universal respect and brotherhood. The experience changed Malcolm’s worldview. Gone was the belief in whites as exclusively evil. Gone was the call for black separatism. His voyage to Mecca helped him discover the atoning power of Islam as a means to unity as well as self-respect: â€Å"In my thirty-nine years on this earth,† he would write in his autobiography, â€Å"the Holy City of Mecca had been the first time I had ever stood before the Creator of All and felt like a complete human being.† It had been a long journey in a brief life. Before Mecca: The Nation of Islam Malcolm’s first epiphany occurred 12 years earlier when he converted to Islam while serving an eight-to-10-year prison sentence for robbery. But back then it was Islam according to Elijah Muhammad’s Nation of Islam- an odd cult whose principles of racial hatred and separatism, and whose strange beliefs about whites being a genetically engineered race of â€Å"devils,† stood it in contrast with Islam’s more orthodox teachings. Malcolm X bought in and rapidly rose in the ranks of the organization, which was more like a neighborhood guild, albeit a disciplined and enthusiastic one, than a â€Å"nation† when Malcolm arrived. Malcolm’s charisma and eventual celebrity built the Nation of Islam into the mass movement and political force it became in the early 1960s. Disillusion and Independence The Nation of Islam’s Elijah Muhammad turned out to be much less than the upstanding moral paragon he pretended to be. He was a hypocritical, serial womanizer who fathered numerous children out of wedlock with his secretaries, a jealous man who resented Malcolm’s stardom, and a violent man who never hesitated to silence or intimidate his critics (through thuggish emissaries). His knowledge of Islam was also relatively slight. â€Å"Imagine, being a Muslim minister, a leader in Elijah Muhammad’s Nation of Islam,† Malcolm wrote, â€Å"and not knowing the prayer ritual.† Elijah Muhammad had never taught it. It took Malcolm’s disillusionment with Muhammad and the Nation finally to break away from the organization and set out on his own, literally and metaphorically, to the authentic heart of Islam. Rediscovering Brotherhood and Equality First in Cairo, the Egyptian capital, then in Jeddah, the Saudi city, Malcolm witnessed what he claims he never saw in the United States: men of all color and nationalities treating each other equally. â€Å"Throngs of people, obviously Muslims from everywhere, bound for the pilgrimage,† he’d begun to notice at the airport terminal before boarding the plane for Cairo in Frankfurt, â€Å"were hugging and embracing. They were of all complexions, the whole atmosphere was of warmth and friendliness. The feeling hit me that there really wasn’t any color problem here. The effect was as though I had just stepped out of a prison.† To enter the state of ihram required of all pilgrims heading for Mecca, Malcolm abandoned his trademark black suit and dark tie for the two-piece white garment pilgrims must drape over their upper and lower bodies. â€Å"Every one of the thousands at the airport, about to leave for Jedda, was dressed this way,† Malcolm wrote. â₠¬Å"You could be a king or a peasant and no one would know.† That, of course, is the point of ihram. As Islam interprets it, it reflects the equality of man before God. Preaching in Saudi Arabia In Saudi Arabia, Malcolm’s journey was held up a few days until authorities could be sure his papers, and his religion, were in order (no non-Muslim is allowed to enter the Grand Mosque in Mecca). As he waited, he learned various Muslim rituals and spoke to men of vastly different backgrounds, most of whom were as star struck with Malcolm as Americans were back home. They knew Malcolm X as the â€Å"Muslim from America.† They plied him with questions; he obliged them with sermons for answers. In everything he said to them, â€Å"they were aware,† in Malcolm’s words, â€Å"of the yardstick that I was using to measure everything- that to me the earth’s most explosive and pernicious evil is racism, the inability of God’s creatures to live as One, especially in the Western world.† Malcolm in Mecca Finally, the actual pilgrimage: â€Å"My vocabulary cannot describe the new mosque [in Mecca] that was being built around the Ka’aba,† he wrote, describing the sacred site as â€Å"a huge black stone house in the middle of the Grand Mosque. It was being circumambulated by thousands upon thousands of praying pilgrims, both sexes, and every size, shape, color, and race in the world. [†¦] My feeling here in the House of God was numbness. My mutawwif (religious guide) led me in the crowd of praying, chanting pilgrims, moving seven times around the Ka’aba. Some were bent and wizened with age; it was a sight that stamped itself on the brain. It was that sight that inspired his famous â€Å"Letters from Abroad†- three letters, one from Saudi Arabia, one from Nigeria and one from Ghana- that began redefining Malcolm X’s philosophy. â€Å"America,† he wrote from Saudi Arabia on April 20, 1964, â€Å"needs to understand Islam, because this is the one religion that erases the race problem from its society.† He would later concede that â€Å"the white man is not inherently evil, but America’s racist society influences him to act evilly. A Work in Progress, Cut Down It’s easy to overly romanticize Malcolm’s last period of his life, to misinterpret it as gentler, more amenable to white tastes then (and to some extent still now) so hostile to Malcolm. In reality, he returned to the United States as fiery as ever. His philosophy was taking a new direction. But his critique of liberalism went on unabated. He was willing to take the help of â€Å"sincere whites,† but he was under no illusion that the solution for black Americans would not begin with whites. It would begin and end with blacks. In that regard, whites were better off busying themselves with confronting their own pathological racism. â€Å"Let sincere whites go and teach non-violence to white people,† he said. Malcolm never had the chance to evolve his new philosophy fully. â€Å"I never have felt that I would live to be an old man,† he told Alex Haley, his biographer. On Feb. 21, 1965, at the Audubon Ballroom in Harlem, he was shot by three men as he was preparing to speak to an audience of several hundred. Source X, Malcolm. The Autobiography of Malcolm X: As Told to Alex Haley. Alex Haley, Attallah Shabazz, Paperback, Reissue edition, Ballantine Books, November 1992.

Pearson Education Essays

Pearson Education Essays Pearson Education Essay Pearson Education Essay The similarities between the two are, that they both have the view that action is important in cognitive development. But where they differ is that Vygotsky believes that instruction is an essential part of learning where Piaget believes that it is more the motivation of the child and less adult participation.  With the ZPD, some situations may inhibit the learning, for e.g., when the teacher asks too many questions or where the child is in a group of dominant peers. In the classroom there is less opportunity for activity in which the teacher can test the individual childs ZPD. Donaldson criticised Piagets claims that the pre-operational child cannot cope with tasks like conservation, because they lack the logical thought processes. She found that the if worded differently, and using equipment or situations that were more relevant to that childs life then the experiments would show different results- results that prove that a pre-operational child was more intelligent than Piaget had previously published. Rose and Blank (1974) and Samuel and Bryant (1984) also carried out experiments that considered the forming of questioning. McGarrigle and Donaldson in 1974 carried out an experiment using a character called Naughty Teddy. This experiment was to show that when an adult asks if something has been altered a child is more likely to say yes, when it is not the case but if naughty teddy was to alter something then the child would usually come up with the correct answer as it was not be influenced by trying to answer what the adult wants it to hear. Other research has found that children develop certain cognitive structures earlier than Piaget claimed. Bower (1981) found that infants 5-6 months old showed surprise when an object that had been hidden behind a screen was no longer there when the screen was lifted. He also demonstrated that babies of eight weeks tracked an object when it moved behind a screen by showing with their eyes where it should emerge. I believe that critics to Piaget and Vygotsky have encouraged more people to examine their theories, however I believe that Donaldson at the time of her publication, blew Piaget out of the water. She argued that children are not at any stage as egocentric as Piaget has claimedchildren are not so limited in ability to reason deductively as Piaget and others have claimed andhis (a childs) language-learning skills are not so isolated from the rest of his mental growth8. Due to theorists such as Donaldson who challenged Piagets theories, Piaget is now looked at as more of a pioneer of his time rather than for his accuracy in his stages of development, however there are Piagetian theorists that follow the main ideas of Piaget, such as Doise and Mugny but they take account of the social context of peer interaction within which the child operates. Vygotsky, like Piaget is appreciated immensely for making huge advancements in the field of cognitive development, theorists like Bruner have included their ideas but moved on to base his own conclusion. I believe that criticisms have affected the standing of their theories, however the majority of present day theorists base their ideas loosely from either Piaget or Vygotsky, so even nearly a hundred years later after Vygotskys writings they are still as relevant today as they were then. Bibliography Bee H, Boyd D, (2000), The Developing Child, London: Pearson Education Inc.  Curtis A., OHagen M., (2003), Care and Education in Early Childhood, London:  Routledge Falmer  Donaldson, M, (1978) Childrens Minds, London : Fontana.  Flanagan C, (1997), Letts Study Guide Psychology, London: Letts Educational  Smith K.P, Cowie H, Blades M, (2003) Understanding Childrens Development, Oxford:  Blackwell Publishing.

What Is the Fate of the South Korean Great Southern Gate Coursework

What Is the Fate of the South Korean Great Southern Gate - Coursework Example On December 20, 1962, the South Korean government exalted the Great Southern Gate to the position of the country’s national treasure number one. The gate is a brilliant example of the ancient architecture of the Yi Dynasty Empire. After its construction, Namdaemun was the tallest building of them all, towering majestically over the smaller buildings and palaces in the city of Seoul. At present, it struggles for prominence dwarfed by the giant skyscrapers in the fast-paced city. Despite the fact that there are four large gates and five minor gates in Seoul, only Namdaemun has been selected as a National Treasure. It was chosen as South Korea's National Treasure number one because, in 1962, when the South Korean government launched the establishment of National Treasures, Namdaemun stood as a sterling paragon of ancient Confucian architecture. Newworldencyclopedia.org further notes that the Great South Gate, magnificent and striking by the time King Sejong reconstructed it in the 1470s, ushered in all Chinese and Japanese dignitaries on their way to visit the King. That is the only gate through which they could enter. Confucianism had blended into the culture of the Korean society well before the Yi Dynasty but later on, it grew in prominence. Namdaemun thus epitomizes both the supreme power of the Korean Empire and the governing place of Confucianism not only in Korean politics but also in their religion and culture.  Ã‚   Seoul, the capital of Korea since the naissance of the Joseon Dynasty circa 1392 C.E. until now, had been a fortified city having nine gates that allowed passage in and out of the city. The founders of the city built four main gates and five minor ones. The four main gates were positioned in the direction of the four cardinal points: North, south, east and west. The south, east and west gates would open at daybreak and shut at the end of the day at the ringing of the city bell. The northern gate remained blocked and was set aside purely to facilitate the king's flight to Pukhan Sansong or more remote buttresses during times of danger. Namdaemun was the "southern gate." Yi T'aejo built all the nine city gates together with the Namdaemun gate during the fourteenth century C.E. The Joseon Dynasty also known as Choson or Chosun was the last ruling dynasty in Korea, reigning from 1392 to 1910 at the start of the Japanese annexation.

Hospitality Operations PowerPoint Presentation Example | Topics and Well Written Essays - 500 words

Hospitality Operations - PowerPoint Presentation Example Ingredients’ standardization had three main merits – ensuring minimization of food leftovers among the customers, limited likelihood for customers view of the restaurant as having poor value for money, and maximized profiteering. The three dishes provided a wide range of supplementary choices. For instance, one could serve fried-rice with beef, chicken or vegetables. This provided the customers with a range of options to choose from, giving provision for the vegetarians. The stir-fried noodles served with vegetables had the greatest percentage of profit margin. For a single customers dish, its ingredients were the cheapest to acquire. The dishes had a set of healthy primary ingredients, rich in vitamins and high in nutritional value. For instance, use of garlic and ginger across the ingredients add a delicious taste and nutritional value to dishes. Different blends of milk shakes added flavor to the menu. Besides the flavored tastes, the addition supplemented the dishes with beauty to the menu set-up and perfect blends with the dishes. Moreover, provision for a wide range of drinks also augured well with the menu set up. The customers could opt to pick a drink of their desire from the options. Fried rice is a fast food made by boiling rice then frying on a frying pan together with such ingredients and additives as eggs, jasmine oil, carrots, ginger, garlic, fish sauce and spring onion. Stir-fried noodles are fast foods made by marinating chicken and beef separately before cooking together with vegetable. Mushroom, leeks, carrots, sunflower oil, vinegar and green peppers are the main ingredients. Thai green curry has chicken as the main component of the dish and is cooked specially with such ingredients as fish sauce, green beans, ginger, green pepper, coconut oil and Thai green curry paste. The balance scorecard had five areas: event, objectives, measures, targets and the initiative. The event included specific areas of focus before and during the

Footwear International Essay Example for Free

Footwear International Essay Footwear International is a multinational manufacturer and marketer of footwear with 83 companies in 70 countries with one of these locations is in Bangladesh, where John Carlson is the managing director. Bangladesh has had a turbulent history in the 20th century and over 85% of the population is Moslem (Thomas, 2003). An article in the Meillat, a newspaper with pro Libyan preferences, made reference to the design of the insole of a sandal included the Arabic spelling of the word â€Å"Allah† and since this design was on the insole of the sandal and next to the foot it is a sign of great disrespect to Moslems. The article also stated Footwear International was owned and operated by a Jewish family and was linked in the shootings of people in Palestine by Jews. This incident seemed to be escalating rapidly as youth groups began calling for demonstrations against Footwear, a lawyer had filed charges under the criminal code that forbade deliberate and malicious acts intended to outrage feelings of any class by insulting its religion or religious believers. To make matters worse the prime minister had voiced his concerns in the matter as well. Public opinion towards Footwear International has now turned negative due to the erroneous claims published in the Melliat. The newspaper had stated that Footwear was under Jewish ownership which is untrue as the family that owned Footwear International was Christian. The design on the insole of the sandal was based on Chinese temple bells that the designer had purchased and was approved by her supervisor who was Moslem (Thomas, 2003). Numerous other people had seen the new logo during the design process and no one had made objections in regards to this logo either. How this logo incensed the Moslem community and more importantly how should Footwear International and especially John Carlson handle the allege claims against the company? It appears that Footwear International has two alternatives: one option is not to do anything and hope the problem will go away or the second option is to address the situation and resolve the conflict. The first option of not doing anything is not a very a good decision to make by Footwear International. The problem will not go away but will continue to grow until Footwear International ceases all operations in Bangladesh and with that the loss of revenue. Timing is the key in the second option and is more complicated as there are several major hurdles that John Carlson must address in a short period of time. It was indicated that two youth groups were planning on demonstrating against Footwear International. The first obstacle Carlson must be concerned with is for the safety of all his employees and their families especially the four other managers that were named in statement. He may wish to seclude the managers and their families in a safe location to protect them from the demonstrators. Carlson might request extra security personal from the corporate headquarters to ensure their safety. Religion and culture are very sensitive subjects to people of any country and due to the fact the opposition newspaper had printed false information about Footwear International, Carlson must use all types of media to set the record straight. Carlson will need to explain that Footwear International is owned and operated by individuals who are Christians and not Jewish as the newspaper article had stated. Carlson must capitalize on the company’s presence in the country that began in the 1930’s, the first manufacturing plant constructed in 1962, in 1971 the managing director was a freedom fighter, in 1985 Footwear International went public and two years later spearheaded the largest private sector foreign investment in the country and employees over 1800 Bangladesh people in 81 stores and agencies (Thomas, 2003). Carlson must be very sincere as he communicates to the different media outlets on how the design used was based on Chinese temple bells and that the designer who created this logo is Muslim as well. I believe Carlson must compare the design logo to the Arabic spelling of Allah and emphasize that the design logo was not intended to offend anyone of the Muslim society. Footwear International must review the procedures they use in the design process and new policies should be implemented going forward so this type of situation will not occur again. It is important for Carlson to admit this mistake and I think he must make a bold move and announces the recall of these sandals, this may be a costly decision, however it will the show the people he is sincere in trying to remedy the problem. Carlson must also be concerned with the legal actions that a local lawyer has filed against him and if by chance the lawyer does not rescind these charges it may be necessary for him to seek legal help from the corporate headquarters. Footwear International executives should use any means available to open up dialogue with the prime minister in hopes of him recanting his remarks. If the prime minister addresses the situation and reissues a statement supporting Footwear International attempts to correct the situation this would probably pressure the lawyer in dropping the charges. If I was in Carlson’s place I would meet this situation head on and utilize all resources at my disposable to correct this honest mistake. Mistakes happen and it is how we fix these mistakes that people judge our integrity by.

Preparing a Website for Sale :: Sell Websites Buy Websites

Preparing a Website for Sale Reprinted with permission of VotanWeb.com A website owner recently asked me to succinctly define what an owner must do in order to prepare a website for sale. I segmented my response into major categories as follows: Financial Since most website sales are based upon a multiple of the cash flow (either EBITDA or Discretionary Cash Flow), the website owner must have all of the financial records segregated and in good order. At a minimum, we would suggest having three years of financial statements and tax returns. If there are substantial differences between taxable income and book income (e.g. cash basis vs. accrual), those must be identified and explained. Culling out all significant discretionary expenditures along with isolating any unusual and non-recurring expenditures and losses will be important. Operations The Seller will want to identify all products and services provided by his (her) website and the specific markets served. In this review, it will be important to define the strategic advantages enjoyed by the website in their respective niche as well as comparative gross profit margins for each product and service. Growth Opportunities While buyers will purchase a website at a price predicated on current and historical cash flows, the main impetus for the purchase will be the ability of the buyer to grow the website at a rate that exceeds the norm for similar opportunities. It is important for the Seller to visualize those growth possibilities and define them tangibly in terms of product extensions to current lines, existing products to new markets, better market penetration, wider geographical distribution and etc. Deal Structure The preponderance of transactions in the sale of privately held website are handled as an asset sale (versus sale of stock). This type of sale will result in the buyer receiving a stepped up basis in the assets purchased (which generates future tax deductions) while concurrently avoiding unwanted contingent liabilities that result from a stock sale. The owner must sit down with his CPA and/or attorney and understand the tax implications of this transaction under each scenario so that he will not be surprised at closing or worse yet, when preparing his individual and corporate tax return. Remember, it's not what you get but what you keep that counts! Available Financing Most website owners would prefer to be cashed out of the transaction at closing and do as little owner financing as possible.

Mouse movement and keyboard skills Essay

This again applied to visual basic; having used it in my standard grade course I could see the potential. Better than UniComal, I could see I could do more with it, it was more user friendly, but just not what I was looking for. 3. Using macromedia Authorware was my ideal choice. Having browsed through the software I was surprised how user friendly it was. Although I could see it was going to take a lot of time to familiarise myself with it. If time had allowed me I would certainly have tried authorware. It had seemed perfect for my application; I could include sound, a scoreboard, links were automatic and its potential was amazing 4. For time allowance and teaching I have decided to go along with this idea. My suggestion is to carry out how I would like my software to go on a Power Point presentation. This will not only allow me to have a prototype of what I initially would have liked my final piece to look like but will also show links and documentation. In Power Point I will be able to use colour, sound and graphics, out of reach in the likes of UniComal and Visual Basic. This makes it more appealing to young users. As I already have an extensive knowledge of Power Point I will only have to refresh this. However, in reference to 1. , Users will have to have access to a multimedia computer. My suggestions to go along with the fourth option are feasible as there is sufficient technology available; it is economically feasible as everything that I need as already assessable. Software Design Opening Page The opening page to my project will be a general introduction. Basically its purpose is to give the links to the activities and also to the parental page. The main characters for the whole project will first appear here. In an ideal word I would have liked for him to speak as well as the words be on the screen as children may not be able to read them. Opening Page Design 1. Show Opening Screen (Time Hold 10 Seconds) 2. Enter choice 2. 1 IF choice = Mouse Movement Open Mouse Movement IF choice = Keyboard Skills Open Keyboard Skills IF choice = Parental Information Open Parental Information END IF END IF END IF Mouse Movement The mouse movement screen will be very colourful. As it is the first activity a good impression must be made to encourage the user to continue using the software. The first screen will be Daffy Duck describing the game and telling the user what to do. This will be on a time hold for ten seconds to allow the user to read the information before automatically progressing forward. This is also beneficial as the whole point in the exercise is to learn how to use the mouse, therefore I don’t wont the user to have to click to enter the page. The following exercise would therefore be pointless if the user already knew how to do this. The screen will only move on if the correct colour is selected. If the wrong colour is selected, a try again screen will appear and a time hold will apply before moving back to the previous screen. If the correct colour is selected then a well-done screen will appear, a time hold and then a progression on to the next colour. Once all the colours have been completed a closing screen will appear. This will have a small picture of the main character and then will automatically go back to the opening page. Mouse Movement Design 1. Show Mouse Movement Screen (Time Hold 10 Seconds) 2. Show Blue screen 3. Enter choice 3. 1 IF choice = Blue Show Well Done ELSE Show Try Again (Previous page) END IF 4. Show Yellow screen 5. Enter choice 5. 1 IF choice = Yellow Show Well Done ELSE Show Try Again (Previous page) END IF 6. Show Red screen 7. Enter choice 7. 1 IF choice = Red Show Well Done ELSE Show Try Again (Previous page) END IF 8. Show Green screen 9. Enter choice 9. 1 IF choice = Green Show Well Done ELSE Show Try Again (Previous page) END IF 10. Show Pink screen 11. Enter choice 11. 1 IF choice = Pink Show Well Done ELSE Show Try Again (Previous page) END IF 12. Show Closing screen (Time Hold 10 Seconds) 13. Show Opening Page Keyboard Skills Keyboard skills will take the same form as Mouse Movements only obviously it will describe the keyboard skills activity. The same process will take place; the screen will only move on if the correct word is typed. If the wrong word is typed, a try again screen will appear and a time hold will apply before moving back to the previous screen. If the correct word is typed then a well-done screen will appear, a time hold and then a progression on to the next word. Once all the words have been completed a closing screen will appear. This will have a small picture of the main character and then will automatically go back to the opening page. Keyboard Skills Design 1. Show Keyboard Skills Page (Time Hold 10 Seconds) 2. Show Cake Page 3. Enter word 3. 1 IF word = Cake Show Well Done ELSE Show Try Again (Previous page) END IF 4. Show Ball page 5. Enter word 5. 1 IF word = Ball Show Well Done ELSE Show Try Again (Previous page) END IF 6. Show Apple page 7. Enter word 7. 1 IF word = Apple Show Well Done ELSE Show Try Again (Previous page) END IF 8. Show Telephone page 9. Enter word 9. 1 IF word = Telephone Show Well Done ELSE Show Try Again (Previous page) END IF 10. Show Umbrella page 11. Enter word 11. 1 IF word = Umbrella Show Well Done ELSE Show Try Again (Previous page) END IF 12. Show Closing Screen (Time hold 10 seconds) 13. Show Opening Page Parental Page The parental page is a word document, basically the user guide. 1. Show Parental Page (time hold 10 seconds) 2. Open Word document â€Å"Parental Page† 3. IF closed show Opening Page END IF Project Plan The basic data flow diagram represents a logical plan for the project. Screen Demonstrations Mouse Movement opening page Mouse Movement (Yellow) Implementing and Testing Some time was spent at the beginning of the new school year looking into the project, since then, up until now this is it just being started. With only two teaching periods a week at was difficult to get the project off the ground. Initially I had plans to use Macromedia Authorware to carry out my project, but since I have been left with a mere two weeks to complete all the project and write up I have decided that a prototype presentation on Microsoft Power Point would basically â€Å"have to do†. Implementing Implementation of the solution started in mid April. Due to the time deflect shortcuts were taken to enable me to complete the project. Implementation was fairly straight forward as it merely consisted of creating the designed pages on the screen. I had big plans, and am gutted at having to reduce these for my final piece. I have a great imagination and love experimenting to see what looks and works best. I had already drawn out all my page layouts. I then basically had to enter this into the computer. I changed my design slightly and decided to have an opening page for every separate activity. I went through each activity systematically inserting slide after slide. After one activity’s slides were all designed on the computer I had to put all the links into the slides. These take the form of â€Å"Action Settings† and are available through right clicking on the object that you wish the link to go from. Sound was then recorded too using a computer microphone. This again was inserted using the action settings. The characters and pictures that appear on the screen were all uplifted from the Internet, and copy and pasted on to my presentation. All images were found from www. google. com in the image section. Link from the home page to each separate activity is going to be done through separate presentations that will be linked together. This will save confusion over one large single presentation. Once all the pages were entered and suitable images entered, sound recorded and links on; it was time to check if everything was running smoothly. Having checked the run of the presentation a few times I could see that this was indeed going to be the most difficult part of the project. As with everything nothing ever does run perfectly. My links were dysfunctional. When Well Done was displayed, instead of continuing to the next screen my presentation was jumping to Try Again then indeed stopping running at all. Due to the nature of the software, no test data as such was employed. However a dry run-through is needed from different circumstances and answers. EG correct answer chosen, wrong answer chosen, to ensure that I had fixed the presentation from wandering through unnecessary slides. Problems Encountered I have been lucky that I have not hit many major problems and although the presentation is far from finished I can see that it is a matter of following the routine I have been doing, testing as I go along so as not to have progressive mistakes. My main problem as you can tell has been time. Everything has been rather rushed. I had great plans at the beginning and was not prepared to concentrate on one area only but to try hard to do everything. This has been a disaster. For the time it has taken to write the report has left me nearly no time to neither concentrate on the actual presentation nor study for the exam. As I worked with Power Point it is fairly idiot proof any mistakes I made were easy to fix. My links will work with a little time and effort. Testing Once all link testing is complete I will a variety of users to try the software. These will include experienced computer users, older beginner users and also two five year olds (relatives). This will allow me to see how different people react to the software. Paying more attention to the five year olds I shall ask them to undertake the tasks above (1-3), to validate the criteria. There are three main questions I would ask to see if the solution is valid.

Mayana Leaves Essay

I. Introduction People of different cultures have long used plants, especially those with therapeutic values. They believe plants to have healing powers. In most parts of our country, many people have embraced the powers of plants in their daily lives. Modern medicine has downplayed the importance of this traditional knowledge, but now it has begun to acknowledge the value of using plants for medicinal purposes. Plants supply the phytochemicals of the healing system needed by the body. Phytochemicals are secondary metabolites that are scientifically known as the bioactive constituents with therapeutic activity. They are non-nutritive plant chemical that contain protective, disease-preventing compounds. Thorough screening and analysis of these medicinal plants may expose the bioactive components responsible for their healing capacities. This screening involves processes like extraction, purification and characterization of the active constituents of pharmaceutical importance. The Philippines takes pride of its rich natural resources and its flora offers an abundant source of medicinal plants. Production and utilization of local plants with phytochemical properties must be given vital importance since there is an immense chance that locally produced and less expensive drugs can be sourced from them. This may also pave the way for the discovery of novel compounds and locally made drugs that can compete in the global market. Mayana (coleus sp. ) is a traditional plant used to dress cuts and bruises, because of this, we have decided to do a phytochemical screening. The project hopes to find in mayana, value as a new tool in modern medicine at the very least, increase the general  knowledge about the plant. The extract will be made by preparing a solution of crushed plants in 80% ethyl alcohol. The leaf and stem extract were screened for the presence of alkaloids, flavonoids and anthraquinones. The assay was done by the paper disc method of assay. Different concentrations of the extract will be assayed against different kinds of bacteria. The screening showed that the stems contained considerable quantities of alkaloids. The results of the assay showed that tradition holds true in the laboratory as the leaf extract strongly showed signs of antibacterial activity. The reverse was true for the stems as they were found out to facilitate bacterial growth instead of impeding it. Future researches may include identification of the specific kind of flavonoids, alkaloids and quinones present on the plant and their specific effects. They may also try to utilize the bacterial activity of the stem to make a mayana stem-based nutrient agar. Objectives To identify the presence of certain phytochemical constituents present in Mayana To screen the major phytochemical constituents and evaluate antibacterial activity tests of leaf extracts of Mayana To determine the antibacterial, antifungal, antiprotozoal, cytotoxic, and phytochemical properties of ethanol extracts of leaves of Mayana II. Materials and Methods A. Folkloric Survey Before proceeding with our choice of plant, we did a survey to determine the plants that are used by an â€Å"albularyo† or quack doctor in treating his/her patients. A folkloric survey has been prepared by the researchers and the questions used were given by the professor. The folkloric survey prepared aims to determine the a) the plants that the albularyo still uses at present, b) the medicinal purposes of those plants stated by the albularyo, c) the part of the plant that is used by the albularyo and d) the proper method of using the plant medicinally and the recommended dosage. We searched for an albularyo in local/rural areas. The community that we chose is located in Bataan. B. Phytochemical Screening Plant Collection and Preparation We collected about 50 grams of mayana leaves from the local or rural area. We washed it with clean water and drained off the excess liquid. After, we air dried them for one week or until the leaves are brittle making sure that they are constantly aerated to prevent the accumulation of fungi on the leaves. After air drying, the leaves were cut into small pieces. The small pieces of leaves were soaked for two days into a 500 ml beaker containing 200 ml ethanol. Plant Extraction After 2 days of soaking the leaves, we extracted the leaves using filtration. We used a glass funnel with a filter paper that is placed on a tripod for easier use. A beaker was used to collect the extract. The leaves were filtered in the funnel with the filter paper. After filtration, we obtained the filtrate in the beaker. The first layer of the liquid was removed through decantation until the extract was obtained and ready for analysis. Identification of Plant Constituents by Thin Layer Chromatography The extract that we obtained through decantation was tested for the presence of phytochemicals using thing layer chromatography. A TLC plate was given to us which measures 2 cm x 7 cm. Using a pencil, we marked the TLC plate 1 cm from the top and 1 cm from the bottom. And then, we applied the plant samples in the bottom mark by blotting through the use of a capillary tube. The blot should be at least 2 mm in diameter but not more than 5 mm for it to climb up the TLC plate. After, we prepared solvent systems to determine the best solvent system for our plant extract. In the preparation of the solvent systems, we used hexane and ethyl acetate. There were 3 ratios used: 9:1, 7:3 and 6:4. Three TLC plates with the blotted plant extract were placed inside the developing chambers lined with filter paper and covered by a petri dish. The chambers were saturated first with 10 ml of the solvent using the 3 ratios to allow the solvent to move up the lining while covered before placing the blotted TLC plates. After, the  three TLC plates were placed inside the 3 developing chambers and it was kept covered until the solvent climbed up and reached the upper mark. At first, ours didn’t show any results and we did several tests. Finally, the blotted TLC plate in the 9:1 ratio traveled through the TLC. And in our test, the 9:1 ratio was the best solvent system for our sample. After obtaining the best solvent system to be used, we did another developing chamber with the 10 ml solvent. Just like what we did, we put the 9:1 ratio (10 ml solvent) in the beaker and lined it with filter paper to saturate the chamber. We were given two TLC plates, the other having three blots and the other having four blots, a total of seven blots. The TLC plates were placed in the developing chamber and waited for the solvent to reach the upper mark. There is a visible spotting or separation of the components in our TLC plates and then we proceeded with the spray reagent tests. The TLC plates were cut into seven pieces with the seven blots. Our professor assigned each group with a spray reagent. After doing the spray reagent tests, we obtained the results in our chromatograms. We obtained for positive results in: Phenols, Coumarins, Anthranoids, and Anthraquinones. The results were written in the data sheet provided. IV. Discussion of Results In the mayana leaves extraction, this was the leaves soaked in 200 ml ethanol. From this solution, we obtained the plant extract from the mayana leaves that we used for the phytochemical screening. In the second picture, the blotted TLC plates, this was done by using the capillary tubes to put the extract in the TLC plate. At the third picture, this shows the TLC plates in the developing chamber with the 10 ml solution which was 9 ml hexane and 1 ml ethanol. Lastly, after the spraying of reagents in the TLC plates, we obtained the results above. The positive results that we obtained are – Phenols, Coumarins, Anthranoids and Anthraquinones, respectively. According to our results, mayana plant had blue spots which indicate a positive result with phenols. Phenols have anti-inflammatory and anti-oxidant properties which is the same as the mayana plant. Phenols also have antiseptic and it may be present in minimal amount. It also gave a blue zone which tells us that it constitutes coumarins. This indicates that it can be used in wounds. It had yellow zone which shows positive result with anthranoids. Anthranoids can be taken when you have constipation which is the same property as mayana. Orange-violet color was obtained in mayana plant which indicates the presence of anthraquinones. Like phenols and  anthranoids, it can be used as anti-inflammatory and for constipation. Some scientists have demonstrated that some derivatives have activity in vitro against some parasitic species. V. Conclusion Coleus or mayana is a Southeast Asian plant that has brightly colored variated leaves that is popular as a house plant. On our phytochemical screening of this plant, we found out that it has positive results in coumarins which can be used in wounds, anthranoids which can be a treatment for constipation, phenols which can used as anti-inflammatory and anti-oxidant and lastly, anthraquinones which can also be used as anti-inflammatory and for constipation. This plant is also commonly used as an ornamental plant due to its purple foliage. Mayana can grow in different habitats. It is one of the traditionally used folklore medicine and it is primarily used for pain, sore, swelling and cuts and other instances as adjunct medication for delayed menstruation. A chemist from the University of the Philippines isolated sterols and triterpenes from leaves of mayana and it exhibited analgesic, anti-inflammatory and antimicrobial activities. Another interesting component of the plant is its high rosmarinic acid content. This compound was noted for its biological activities; prominent of those are its anti-inflammatory and anti-oxidant properties. Lastly, we also found out that mayana has its anti-bacterial, anti-fungal, anti-protozoal and cytotoxic extracts of mayana. Therefore, mayana is a herbal medicine that you may use in wounds, headaches, fever and bruises just like what is said in the survey. VI. References http://scinet.dost.gov.ph/union/ShowSearchResult.php?s=2&f=&p=&x=&page=&sid=1&id=The+phytochemical+screening+and+microbiological+assay+of+Mayana+(%3Cem%3EColeus+blumei%3C%2Fem%3E)+leaves+and+stems&Mtype=PROJECTS http://www.filipinoherbshealingwonders.filipinovegetarianrecipe.com/mayana.htm http://www.stuartxchange.com/Mayana.html

Free Essays on I Hate World Music

The article â€Å"I Hate World Music† is written by David Byrne, a prominent figure within the musical industry, and who is credited with playing a key role in shaping what we now know as popular music. The author begins the article by explaining what he believes we, as western society, perceive to be ‘world music’. According to the author, world music consists of any non-western music, and is treated with ambiguity and obscurity by consumers too afraid to explore an area of the musical world that may be new or unusual to them. He also claims the term refers to a bin in record stores for music that cannot be placed into a specific musical category. ‘World music’, the author points out, is an extremely vague term that fails to capture the incredible diversity of music that exists throughout the world outside of western pop culture. As an example we are told: â€Å"Albums by Selena, Ricky Martin and Los Del Rio, artists who sell millions of records in the United States alone, are racked next to field recordings of Thai hill tribes†. According to the definition supposedly used, ‘world music’ consists of the vast majority of music in the world, both in terms of production volume and the various types of music, as opposed to an obscure branch of miscellaneous sounds largely ignored by western consumers. To restrict your listening to English language pop is, according to the author, like deciding to eat the same meal for the rest of your life. This for me summarizes the overall underlying theme of the article, with the author making a strong and impassioned argument that we, as westerners, are allowing our ignorance and fear of the unknown to distort our attitudes towards any music that may convey cultural origins and values that differ in any way from our own. The author then goes on to discuss the myth of musical authenticity, claiming that western consumers still look for stereotypical features of national cultures to fee... Free Essays on I Hate World Music Free Essays on I Hate World Music The article â€Å"I Hate World Music† is written by David Byrne, a prominent figure within the musical industry, and who is credited with playing a key role in shaping what we now know as popular music. The author begins the article by explaining what he believes we, as western society, perceive to be ‘world music’. According to the author, world music consists of any non-western music, and is treated with ambiguity and obscurity by consumers too afraid to explore an area of the musical world that may be new or unusual to them. He also claims the term refers to a bin in record stores for music that cannot be placed into a specific musical category. ‘World music’, the author points out, is an extremely vague term that fails to capture the incredible diversity of music that exists throughout the world outside of western pop culture. As an example we are told: â€Å"Albums by Selena, Ricky Martin and Los Del Rio, artists who sell millions of records in the United States alone, are racked next to field recordings of Thai hill tribes†. According to the definition supposedly used, ‘world music’ consists of the vast majority of music in the world, both in terms of production volume and the various types of music, as opposed to an obscure branch of miscellaneous sounds largely ignored by western consumers. To restrict your listening to English language pop is, according to the author, like deciding to eat the same meal for the rest of your life. This for me summarizes the overall underlying theme of the article, with the author making a strong and impassioned argument that we, as westerners, are allowing our ignorance and fear of the unknown to distort our attitudes towards any music that may convey cultural origins and values that differ in any way from our own. The author then goes on to discuss the myth of musical authenticity, claiming that western consumers still look for stereotypical features of national cultures to fee...

Education In Canada New Opportunities For Students

Education In Canada New Opportunities For Students Education opportunities in Canada Not every country can be proud of its education system. Obviously, there are countries-leaders that can provide the excellent educational opportunities for students from around the world. Also, there are countries schooling system of which leaves much to be desired. Such countries as the United States of America, Great Britain, South Korea, Finland, Norway and Japan are in the top of the world’s educational systems ranking. However, there is one more country that can be definitely added to the list of the countries where you could go to in order to get a great education. It is Canada. Let’s have a look at what this country can offer in terms of education nowadays. Canadian education in PISA ranking In 1997 the Program for International Student Assessment was formed. Its abbreviation is PISA and it is a worldwide study aimed to compare education attainment around the world. The tests are held once in 3 years and are run by the Organization for Economic Co-operation and Development (OECD). According to one of the recent international PISA tests and evaluations, Canada appeared in the top 10 in such subjects as mathematics, reading and science. Canada’s teenagers appeared to be among the best-educated students in the world, and, in particular, they ended up far ahead of their geographical neighbors (the USA) as well as some leading European countries. Also, according to the results of PISA tests, Canada has the world’s highest number of adults who work and who have a higher education (compared to other countries which took part in OECD testing). Equal rights policy Many students in Canada are originally born in families where both parents are from other countries. Nevertheless, due to the number of factors, children of newly-arrived families have no difficulty with integrating into the society. As a result, their academic achievements are impressive. Mainly, this happens because equity is what Canadians make an emphasis on. There is a strong dedication to fairness and equal treatment of any student, regardless of the child’s capabilities, color of skin or origin. In addition to this, one of the key factors is that teachers are well paid (as per international standards) and to become a teacher one needs to be a great professional. High academic performance of students is a natural result of this. Canada is welcoming international students The Canadian education policy was always aimed at providing equal chances to everyone. A great effort to offer a quality education by a well-trained staff was always a priority. Compared to many other countries, Canada was always very welcoming towards international students. Now, due to the recent events in the United States (policy of President Trump caused a decrease in the number of international students), the number of applications from overseas students reached record levels and, more than ever, Canada becomes a popular choice as a place to study. Canada has been always famous for its good quality of living and comparatively affordable education fees, so if you consider studying abroad, such country as Canada becomes a really viable choice.

Ashes by Edvard Munch and Abstractoin by Juan Gris Essay

Ashes by Edvard Munch and Abstractoin by Juan Gris - Essay Example The mural print is a depiction of a man and a woman in a forest that is dusky. The atmosphere in the picture is relatively gloomy filled with both hopelessness and despair. The trees and the existence of a man and a woman can be interpreted to be a form of a romantic adventure. However, the adventure may have been crippled by a misfortune. The woman has her hands on her red, long hair while standing at the center of the picture. The frowned face is filled with desolation and despair while the direction of her eyes is towards the audience (viewer). Apparently, she is regretting something. On the other hand, the man has his hand on his head while sitting on the left corner of the picture. The tone of his face is apparently not only sickly but also green. In fact, the man appears to be so hopeless that his pace can’t face the viewer. The dress that the woman has on her is white and it is half unbuttoned. Inside the white dress, one can glimpse at the red undergarment . The colors depicted in Munch’s work can be interpreted in several ways. According to my interpretation, white is used to represent innocence of the woman in question while the red one can be a symbol of either love or passion or even romance. As for black, which is normally associated with negativity, symbolizes either death or sorrow. The green painting on the man’s face expresses a disturbed state of the mind and a sad mood. Interestingly, a clear look at the picture using high definition quality glasses indicates that there is lack.