Fin515 Wk 4

7-2 – Boehm Incorporated is expected to pay a $1. 50 per share dividend at the end of this year (i. e. , D1 = $1. 50). The dividend is expected to grow at a constant rate of 7% a year. The required  rate of return  on the stock, rs, is 15%. What is the value per share of Boehm’s stock? D1= $1. 50 per share g = 7% rs= 15% What is the value of a share of Boehm Stock? P^0 =    D1 /(rs – g) P^0 =    1. 50/(0. 15-0. 07) P^0 =    $18. 75 7-4 – Nick’s Enchiladas Incorporated has preferred stock outstanding that pays a dividend of $5 at the end of each year. The preferred sells for $50 a share.What is the stock’s required rate of return? Dividend = $5 Preferred    = $50 What is the stock’s required rate of return ^P 0 = D/rs rs = D/^P 0 rs = 5/50 rs = 0. 10 or 10% 7-5 – A company currently pays a dividend of $2 per share (D0 = $2). It is estimated that the company’s dividend will grow at a rate of 20% per year for the next 2 years, then at a constant rate of 7% thereafter. The company’s stock has a beta of 1. 2, the risk- free rate is 7. 5%, and the market risk premium is 4%. What is your estimate of the stock’s current price? D0 = $2. 00 g = 20% for 2 years g = 7% there after Bi = 1. 2 Rf = 7. 5%RPm = 4% Rs = Rf +(bi* RPm) Rs = 7. 5 +(1. 2*4) Rs = 12. 3 What is your estimate of the stock’s current price? D0 $2. 00 g0 to 1 20. 0% g1 to 2 20. 0% gn 7. 0% rs 12. 3% Year 1 2 D1 D2 Expected dividends $2. 40 $2. 88 Expected P2 $58. 14 PV of expected dividends $4. 42 PV of expected P2 $46. 10 Expected P0 $50. 53 Problems (p. 371) 9-2 After-Tax Cost of Debt LL Incorporated’s currently outstanding 11% coupon bonds have a yield to maturity of 8%. LL believes it could issue new bonds at par that would provide a similar yield to maturity. If its marginal tax rate is 35%, what is LL’s after-tax cost of debt?After Tax cost of debt = rd * (1- tx rate) 0. 08 * (1 – 0. 35) = 0. 08 * (0. 65) = 0. 052 Answer: 5. 2% 9-4 Cost of Preferred Stock with Flottion Costs Burnwood Tech plans to issue some $60 par preferred stock with a 6% dividend. A similar stock is selling on the market for $70. Burnwood must pay flotation costs of 5% of the issue price. What is the cost of the preferred stock? E= Dividend/ (Market price-Flotation Costs)=(60/6)/(70-(70X0. 05)=0. 0541=5. 41 Answer: 5. 41% 9-5 Cost of Equity – DCF Summerdahl Resorts' common stock is currently trading at $36 a share. The stock is expected to pay a dividend of $3. 0 a share at the end of the year (D1 _ $3. 00), and the dividend is expected to grow at a constant rate of 5% a year. What is the   cost of common equity? P0 = $36; D1 = $3. 00; g = 5%; rs = ? rs = D1/P0+g=(3/36)+0. 05=0. 01333 Answer: 13. 33% 9-6 Cost of Equity – CAPM Booher Book Stores has a beta of 0. 8. The yield on a 3-month T-bill is 4% and the yield on a 10-year T-bond is 6%. The market risk premium is 5. 5%, an d the return on an average stock in the market last year was 15%. What is the estimated cost of common equity using the CAPM? rs = rRF + bi(RPM) = 0. 06 + 0. 8(0. 55) = 0. 14 Answer: 10. 4% 9-7 WACC Shi Importers' balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Shi faces a 40% tax rate and the following data: rd _ 6%, rps _ 5. 8%, and rs _ 12%. If Shi has a target capital structure of 30% debt, 5% preferred stock, and 65% common stock, what is Shi's WACC? 30% Debt; 5% Preferred Stock; 65% Equity; rd = 6%; T = 40%; rps = 5. 8%; rs = 12%. WACC = (wd)(rd)(1 – T) + (wps)(rps) + (wce)(rs) WACC = 0. 30(0. 06)(1-0. 40) + 0. 05(0. 058) + 0. 65(0. 12) = 0. 0917 Answer: 9. 17%

How does the director create a sense of chaos and frenzy in the scene leading up to Simon’s death? – The Lord of the Flies film

The â€Å"Lord of the Flies† film, which I am studying, was made in the 1960s. The director of this film made it in black and white for effect. In my essay I will be focusing on how the director's use of pictures and sounds help to recreate the sense of chaos that can be found in the book. In conclusion to my essay I will write about my personal opinion on whether the director has succeeded or failed in creating the same sense of frenzy and chaos, which is created in the book. The director uses images and camera techniques in Simon's death sequence to help the film relate to Simon's death in the book. He manages to do this in many ways, such as making it seem as if you are in between the boys, and that you are actually there witnessing what is about to happen. He also uses shots that look up and down to great effect which exaggerate Jack's authority and leadership of the boys, and make Simon seem insignificant to the boys. I will now give you a detailed analysis of how the director uses images and camera techniques in Simon's death sequence. Firstly, there is a close up of a boy's head, which cuts to a fire sending sparks flying off into the night. There is then a long shot of the fire with the boys dancing around it. The director has made it so that the audience do not know who each of the boys are. The camera then zooms into a medium shot of the boys, still dancing around the fire, as if they are celebrating. The camera then cuts to a boy, who runs to the edge of the shoreline carrying a flaming branch. The boy then swings this ‘torch' around and flings it into the ocean. The camera sweeps along the shoreline following the ‘torch' as it flies through the air. The director uses this image to indicate to the audience that the boys are becoming more dangerous. Just before the ‘torch' hits the ocean, a wave rushes upwards and engulfs it. The camera then cuts to a boy who kicks the fire. Again, the director uses this to make the scene more violent and dangerous. The audience still can't see the boy's face. The camera then cuts to a close up of the fire sending sparks flying up into the night. There is then a shot of the full moon, which immediately makes the audience think that something horrific is going to happen. The moon is also slightly out of focus. The camera then cuts to a series of close up shots of the boys screaming and shouting. The boys' faces are in shadow so that the audience cannot see them. There is then a medium shot of the boys, still unrecognisable, silhouetted against the fire. The camera then cuts to a medium shot of the boys chanting and banging their spears on the ground. The audience recognize Ralph within their ranks symbolising mankind's ultimate decent into savagery, a theme that Golding uses many a time in the novel. The camera remains still as the boys march past it, as though they are soldiers on parade. The boys then become frantic and there are continuous extreme close ups of arms, legs, cheeks but never a full face or body. These shots are generally out of focus and give the effect that you are actually there with the boys banging into you and running about. There is a medium shot of the boys becoming more and more frantic because the darkness is becoming unbearable and the boys are being overcome with a faint madness. There is then a close up of a boy's face, which is unrecognisable. The camera then cuts to a medium shot of Simon, making his way through the jungle. He is pushing leaves away so that he can make it to the beach as soon as possible. The camera then cuts to another medium shot of another boy, which it appears could be Jack, but he is still partly in shadow. When we see ‘Jack' the camera is looking upwards to exaggerate his authority and his power over the boys. ‘Jack' points to Simon and the boys suddenly charge towards the camera. This gives the audience the impression that they are Simon, and that they can see the boys charging towards them, a technique which further emphasizes the terror that Simon is about to face. The camera then cuts to a close up of Simon screaming. His body is partly in shadow. As the boys stab Simon the camera withdraws giving the effect that the audience are so horrified and shocked by what the boys are doing, they have to back off for air. There is then a medium shot of the boys' backs whilst they are still stabbing downwards with their spears. There is a close up shot of Simon holding his arms up in terror This gives the audience the impression that they have rejoined the circle and are stabbing downwards at the ‘beast' (Simon) along with the other boys. The camera then sweeps slowly along the beach, as the boys force Simon into the sea. We then see a shot of the tide coming into the shore; the sea water is mingled with Simon's blood. The camera then pans to Simon's body, floating in the ocean. His body starts off facing upwards and slowly revolves round to hide his face. The director uses this as a sign of respect for Simon that the audience can relate to. Meanwhile, the gentle tranquillity of the ocean helps to calm the audience after the chaos and frenzy of what has just happened. The screen slowly fades to total darkness with only a faint outline of Simon's body in sight. Finally the screen begins to get lighter as flickers of phosphorescent light can be seen here and there. This gradually overwhelms the screen and adds to the audience's sense of peace and tranquillity. I will now give a detailed analysis of the sounds used in the scene depicting Simon's death. The scene starts off with a high pitched scream and then, gradually, screaming from different people can be heard. This reflects the terror that the darkness brings in the novel. The crackling of the fire can be heard now, along with the continuous screaming of he boys. The crackling of the fire intensifies to coincide with the, gradually increasing, screaming of the boys. The director uses these noises to remind the audience that these boys are ‘playing with fire' and that their activities are becoming increasingly more dangerous. The audience then hear a torch swing through the air and a storm beginning as it sends the waves of the ocean, whooshing up into the night. The audience then hear the torch sizzling as it hits the water. The director uses the boy, swinging the flaming branch about, to emphasise the idea that the boys are becoming more and more frantic and dangerous. The original screaming of the boys has now turned to cheering and the audience hear more branches being swung around. This gives the audience the impression that, although the boys were originally scared, they have now started to celebrate and to forget their original fears. The audience then hear the boys dancing and issuing tribal ululations between each other. The director has used this to coincide with the scene, in the novel, which represents the boys' downfall into savagery. The sounds in the scene once again shift to being more deadly and the audience hear the boys stamping their feet and banging their spears on the ground. The director does this so that the audience think of tribal drums and tribal celebrations. One of the boys shouts out ‘kill' and the mood of the scene becomes even more dangerous. The boys begin to chant the words; â€Å"Kill the pig! Slit her throat! Bash her in!† This chant starts off quietly and slowly and, gradually, with every repetition, getts faster and louder. This leads the audience to believe that something is going to happen. The beating of the ‘drums' starts to become hypnotic. The director does this to further indicate to the audience that something horrific is going to happen. The continuous cheering, chanting, beating and stamping interweave and become even more intense, giving the audience the impression of chaos and frenzy within the boys. Screaming is heard again which implies that the boys are becoming scared again. The, still ongoing, chant changes from â€Å"kill the pig† to â€Å"kill the beast†, and the boys begin to bang their spears together which once again adds to the tribal feel of the scene. The sounds become mingled now, and increase in tempo, which adds to the audience's sense of chaos. Then, as the camera first cuts to Simon, the tribal noises fade and become background noises; the predominant sound at this time, in the scene, is leaves being trodden on and being pushed out of the way. One of the boys shouts out â€Å"look† and all the other noises stop which gives the audience a sense of awareness. The same boy shouts out â€Å"the beast†, and there is once again complete silence. In this scene, this is a source of dramatic irony, because the audience know that it is Simon who the boys are referring to as ‘the beast'. This relates to the novel because the same dramatic irony is present when the boys first see Simon. The boys begin to scream as they charge Simon. These screams range from high pitched to low shouting. As the boys get closer to Simon, their screams get louder and more constant. There is one high pitched scream that stands out from the rest because it is almost girl-like. This scream belongs to Simon who realises what the boys are planning to do. The audience then hear short thuds and tearing. This leads them to the knowledge that the boys are brutally murdering Simon in a tide of chaos and frenzy. The high pitched screaming finally stops and the noise of the sea is heard in the background. Thunder can also be heard and there is a bloodthirsty repetition of â€Å"kill† by the boys. The noise of the boys slowly fades away which informs the audience that they are walking away from what they have just done. When the noise of the boys completely stops, the thunder and the sea can really be heard. There is then silence in the scene with faint and distant sounding choir music gradually getting louder. The choir music is harmonic and represents Simon's purity and innocence for the audience. Simon's death sequence ends with one clear, harmonic note from the choir that fades out slowly. In my opinion, the director of this film does create the chaos and frenzy within this scene as effectively as Golding does in the novel. The director's most successful part in this sequence is when Simon is killed and his body claimed by the sea. He recreates this part with the same natural and ‘lyrical' beauty which Golding uses in the book. The director's only unsuccessful part in the sequence is the storm as he starts it too late in the sequence, whereas Golding uses the thunder and lightning to work the boys up into a frenzy. He also does not, in my view, successfully recreate Simon's death because no film could recreate the savagery of the boys and the imagery which Golding creates in the novel through his language and description.

Compare and Contrast Pi and Chuck

Josh Monsi English 12/4 Ms. Rock 29 November 2012 There is not one key to survival; no it’s more like the key ring to survival. The first key I want to talk about is strength, but there is more to strength then just the physical strength there is also a need for emotional strength. â€Å"Its life’s only true opponent. Only fear can defeat life. † Martel, Yann. â€Å"56. †Ã‚  Life of Pi: A Novel. New York: Harcourt, 2001. 203. Print. This is why the mastery of fear can help you survive.Love which is almost an exact opposite of fear but goes hand in hand with hope; alas there are many forms of love that can bring about the needs to survive, this helps Pi and Chuck near the end of the trials. Knowing you are at the top, or that you are the alpha gives you strength and courage to carry on, both Chuck and Pi need to come to this realization in order to survive. This key ring of characteristics does not stop here; I have only a chosen a select few. Although both Pi and Chuck survived they accomplished this feat using the same characteristics but in a unique way differing from the other.Emotional and physical strength will determine your ability to survive as it did in the stories of Pi and Chuck. â€Å"†¦ without mercy. Not caring if we're healthy or ill. Hungry or drunk. Russian, American, beings from Mars. It's like a fire, it could either destroy us or it could keep us warm. †. Castaway. Dir. Robert Zemeckis. Perf. Tom Hanks. 20th Century Fox, 2000. DVD. This quote is from the movie Castaway and in a way explains what the lack of physical and emotional strength can do to you. First the physical side of strength, this characteristic helped Pi and Chuck with the physical challenges they faced.Pi's first major struggle was with hunger; this burden took most if not all of Pi's strength. The hunger lead Pi to do things and eat things he would have never done in his life if he were not in this situation where he had no other choic e. Chuck had a different first physical challenge, this challenge affected him quite a lot in his story and it was physical injuries; constantly he was getting cut by his tools or getting hurt by things he was trying to build, but in any case he was getting hurt and cutting down on his physical strengths.Though these trials are different they both needed physical strengths to overcome their challenges. Emotional strain can cause a person to lose the will to survive or even the will to live. This is more clearly shown when chick is thinking about suicide, his emotional strength was done he no longer had the will to live. Pi didn’t struggle with the thought of suicide like Chuck but instead he emotionally struggled with death. From the ship that went down with his family to the lifeboat with slaughtered animals this all must have been an emotional shock to a boy who cannot even kill a fish without tears.Though the trials of their physical and emotional strengths were different hey both had the strength needed to survive. Strength played another important role in both of their stories when they needed to step up and be the alpha male. â€Å"I had to devise a training program for Richard Parker’s had to make him understand that I was the top tiger and that his territory was limited†¦ †Martel, Yann. â€Å"58. †Ã‚  Life of Pi: A Novel. New York: Harcourt, 2001. 211.Print Pi and Chuck both show the characteristic of being an alpha male, but at the same time show a weakness to something that might be stronger. In the quote above it talks about Pi when he is starting to train Richard Parker the lion, peeing on the boat, and blowing his whistle are a few of the ways that he marks his territory and lets him know he is the alpha. Chuck on the other hand there is not doubt he is alpha, alone on an island he has total control nothing to fear but there is one thing still holding him in place.So in order to survive you need to be an alpha male and both of these characters eventually by the end of survival overcome these two antagonists holding them back. With Pi his antagonist is Richard Parker, but soon he marks his territory and trains Richard Parker and it’s easier sailing from there. Chucks antagonist was the waves; the waves held him back when he tried to escape and left him in fear until he finally had the courage and resources to try again. In both stories the characters survive because they were able to overcome these obstacles and truly be the alpha in their certain situations.A big part that they had to overcome on their path to being alpha was the fear of the task; fear plays an immense role in the story of survival for these two. â€Å"Fear next turns to your body†¦ your jaw begins to gallop on the spot. Your ears go deaf. Your muscles begin to shiver as if they had malaria and your knees to shake as though they were dancing†¦Ã¢â‚¬ Martel, Yann. â€Å"56. †Ã‚  Life of Pi: A Novel. Ne w York: Harcourt, 2001. 203. Print. The fear that Pi has is the same fear that chuck has, though the fear may come in a different form it is something they both have to overcome.One of the reasons these two are able to survive is because of their fear, the fear of pain, of death, this fear is what helps them to push on and survive. Pi describes fear almost like a disease the way it affects you, this fear almost led chuck to suicide and this fear almost influenced Pi to give up his hope. By being able to surpass this fear and suppress it as well chuck doesn’t give up hope and he is soon rewarded by a piece of trash that will help him overcome and pass through that seemingly impenetrable wall of water blocking his escape.For Pi his fear was of living on a raft with a 450 pound killing machine and with good reason, but by overcoming his fear not only is he able to survive but train the tiger as well in order to survive more comfortable. Fear was a necessary characteristic that t hese two needed in order to survive, but they needed another characteristic to have a ying and yang effect and help them progress, which was love. â€Å"I just want to love God† Martel, Yann. â€Å"23. †Ã‚  Life of Pi: A Novel. New York: Harcourt, 2001. 87.Print, Pi’s love for God helped him understand his trial and that he would just needed to be patient and have hope. I say this about pi to show how love can help you survive; he learned through his love of God to appreciate the little things that did go right and to deal with the big things that went wrong. Chuck had a similar love but this love was for his fiance, he wanted to return to her and he used the wanting to push him to live and to survive. Now fear has the effect for one to be afraid of death or pain; love on the other hand helps a person look at their life and learn to love it.This love of life is just as powerful as the fear of death, these two characteristics make them want to survive and even at the same time help them to survive. This unbeatable mix of characteristics helped Pi stay on a small boat even though death was feet away in striped fur, and it was this same two characteristics that froze Chucks feet in place when he wanted to jump of the cliff and end his life. Even though love may seem like one small key on a big key ring it can help you survive longer than the strongest man without love.This key ring is not complete, I have selected only a few of the keys that Chuck and Pi needed to survive. Their Mental and Physical strength may have faltered at times but they didn’t stop, they didn’t give in to the doubt that filled their minds and they pushed through their trials headstrong. They proved their strength by becoming the alphas; they took the obstacles in their way and faced them head on having the courage to take risk that could end their lives. They feared, they feared the end and were not ready for it to come and they used fear to push them to t he limits.They loved thought they loved for different reasons they still loved, Pi with his love of God and Chuck with his love of women pushed through and survived to the end. Although their trials may have been different these two characters utilized the same characteristics to help them overcome their challenges and survive. Knowing that they survived it almost makes you think about your own future and your own set of characteristics, and in a way makes you want to go out there and try to survive and see if you really have what it takes; to be an mentally and physically strong, to be the alpha, to fear death, to love life, but ultimately to survive.

Animals Essay Example | Topics and Well Written Essays - 1000 words

Animals - Essay Example Mostly compared in the debate on the best pet are cats, dogs, reptiles (turtle, tortoise, and fish). The other point worth noting is that each kind of pet has its own advantages and disadvantages and it depends on what its owner expects of it. In addition, the nature and behavior of a pet also determines whether it is the best or the most appropriate (Radford 24). For an illustration, a dog may be quite laid back by nature while one may acquire and keep a cat which has uncharacteristically high energy. Similarly, if one wants a pet to take a stroll, play, and go places with, then a dog would come highly recommended. On the other hand, cats are easier to care for and are thus recommended for pet owners interested in a more relaxed atmosphere while dogs are for fun and outdoor people. The comparison is however not always about dogs and cats; sometimes dogs and cats are compared with other kinds of pets such as reptiles and fish. In these comparisons, a good pet is defined on the basis of characteristics such as temperament and the ease of care and upkeep (Radford 43). Many pet lovers also concur that the best pet is not only gentle but also good natured and easy to take care of. This paper compares dogs and cats on one side and fish and reptiles on the other. Cats and Dogs versus Fish and Reptiles There are several advantages that dogs and cats have over reptiles, which make them better pets over the latter. Among the positive aspects of cats and dogs are loyalty, easy to manage, simple feeding/diet, easy to find feed, they are playful, and are fun to be with. However, there are several bad aspects of keeping cats and dogs as pets. For instance, they need medications/shots for diseases such as rabies, mange, cough, worms, and they must be licensed. In addition, dogs and cats need to be neutered and are costly. The main advantage of fish and reptiles such as lizards, tortoise, turtles, snakes, and fish is that they are kept in cages hence easy to keep and manage. Moreover kid, especially boys love reptiles. Since they are mostly in cages, they require little attention from their owners once they are fed and have few problems of running away from home. Nonetheless, there are several problems that make reptile pets a bit difficult to keep. That is, they may cause salmonella-related infections, more so to kids, who should always be kept away from such pets. The second problem with reptiles is that they require specialized diets and costly tanks and cages for fish, snakes, lizards, and turtles. These cages must also be cleaned as regularly as possible since reptiles, more so fish are rather delicate. The other pets often compared with cats, dogs, and reptiles are bunnies, which happen to be fun to play with for a lot of people. In addition, bunnies are easy to feed, smart, social, and play a lot, thus entertaining and easy to bond with. A rather boring aspect of keeping bunnies is that one cannot walk and play games such as â€Å"catch† o r swim with them. Further bunnies do not like being held a lot and are rather frail. From the mentioned advantages and disadvantages of cats, dogs, reptiles, and bunnies, it is clear that each pet has its own good and bad sides. As mentioned earlier, what determines the best pet is the owner’s personality, lifestyle, the nature of the pet, and the expected role of the said pet in the owner’s life. In fact, some people have compared pets to children. For example, for someone always working, with little or no time to take care of a pet, a cat would be highly recommended instead of a dog since cats are mostly indoors. This scenario presented by a cat is quite unlike the case of a dog,

Administrative Ethics-HIPAA Essay Example | Topics and Well Written Essays - 1250 words

Administrative Ethics-HIPAA - Essay Example The specifics of these objectives are highlighted under Title II and I respectively. Section one embodies the protection of health covers for workers and their families. This part is meant to ensure easy transfer of health insurance covers from an old employer to a new employer or at least guarantee the continuation of cover in the event of job loss. On the other hand, section II details administrative specifics under Administrative Simplification (AS) (Banks, 2006). The AS section dictates requirements in establishing nationwide standards, which define the manner in which healthcare transactions are conducted electronically. It also defines the specific identifiers for employers, insurance plans and healthcare providers. This section helps simplify administrative challenges emerging from requirements of portability. The AS section also addresses issues of privacy and security of patients’ information and records. Since its ambitious implementation, HIPAA has expanded its infl uence on to major health issues such as security, confidentiality, privacy and simplification (Banks, 2006). In a nutshell, HIPAA promises an effective and efficient mode of disseminating and sharing electronic information in the healthcare sector. The compliance deadline was 2003 and a slight extension for harmonization of some minor plans. Since 2003, the plan has gained widespread adherence by various players including health insurers, employer sponsored healthcare plans, healthcare service providers and clearing houses in the sector. In spite of its positive outlook and gains made, HIPAA still raises numerous challenges with regard to its implementation. This paper reviews one of the significant challenges in HIPAA’s implementation by highlighting a newspaper article covering the issue of disclosure. The article under highlight appeared in the New York Times on 3rd July, 2007. The piece of work by Jane Gross is titled â€Å"Keeping Patients’ Details Private, Even From Kin.† Disclosure Issues in HIPAA’s Implementation HIPAA dictates the rules of disclosure and non-disclosure for Protected Health Information (PHI). However, Gross (2007), indicates that a number of studies have shown that a number of healthcare providers are applying HIPAA inappropriately. These providers and practitioners under them apply the regulations overzealously by being excessively and unnecessarily prohibitive. These acts have left caretakers, family members, law enforcement officers and public health officers unable to access information that is essential for their operations and life. Gross’ article presents this challenge by citing various real-life situations in which family members have been barred from staying with their kin or assessing their treatment chart information while undergoing treatment. Gross cites Mr. Nussbaum’s case in which he was barred from staying with his father or checking his treatment chart as an example of misinte rpretation of the act (Gross, 2007). A similar case involving Ms. Banks saw her drive from Oklahoma to Tampa to get information about her mother because this could not be disclosed over the . On arrival, she had to spend another 24 hours before she could get the disclosure from the doctor involved, simply because the nurse feared going against HIPAA (Gross, 2007). These examples show the frustrations that family and other parties such as researchers have when seeking patient information. The bigger challenge is that while there are â€Å"good faith nondisclosures,† there are also numerous cases of â€Å"bad faith nondisclosures† that unnecessarily bar access to information. For example,

Case Study Example | Topics and Well Written Essays - 500 words - 45

Case Study Example This, therefore, means that a twist may be seen in the restaurant industry in terms of what they prepare and avail in menus to customers. The realization of the value of vegetables and the role they play in shaping dietary life implies that people will shift from HÃ ¤agen-Dazs Dazzler to vegetables as many would not wish to gain weight associated with junk foods. The hotel industry integrates a system in which every meal served must have some vegetables on the side (CSPI, 2015). Customers are more likely to feel satisfied only when they eat vegetables along with whatever meal they are taking. This revelation is enough to persuade the restaurant industry to revise and regulate their production in terms of how much HÃ ¤agen-Dazs Dazzler and vegetables they avail to customers. Continued campaign for vegetables over HÃ ¤agen-Dazs Dazzler will sensitize the public about eating right; therefore, the industry will have to comply by the customers’ demands. It is essential to make it clear that the Centre for Science in the Public Interest (CSPI) is genuine in the claims made. New research discoveries imply that people will definitely change their behaviors and consequently the industries that serve them will have to modify and adapt to the changes. The revelations exposed by the organization in healthy dietary has shed light on what exactly it means to eat whatever one chooses and the possible outcomes to one’s health (Shils, 2005, p.143). The scientific manner in which CSPI carries out its procedures makes it reliable as its outcomes and claims are thoroughly researched. It has been a tradition especially in the American culture for people to prefer fast foods over well prepared and nutritionally rich meals. The emerging reports presented by CSPI give people a different outlook into nutrition matters. The restaurant industry also has to alter its every day way of doing things and adopt new strategies

Managing Operations and the Supply Chain Essay Example | Topics and Well Written Essays - 1500 words

Managing Operations and the Supply Chain - Essay Example In quality improvement teams, employees from the same department, division, or team of the organization brainstorm to identify a list of problems to resolve. The advantage of this approach is that the employees characteristically have the best view of their work environment and associated problems and can develop ideas to improve efficiency and effectiveness. The drawback to this is that the problems chosen by the group may or may not contribute to the Tower Records overall goals. Tower Records with a focused success paradigm can multiply the return on its investment for its quality efforts over an organization without a clear vision. With the myriad of problems any given group can identify, it is important that resources be allocated for problem solving that can contribute positively to the successful implementation of Tower Records strategy. Based on such considerations, it is evident that the need for specific criteria and models to verify the quality fit between the Tower Records and the business atmosphere in that it operates, and to effectively and efficiently manages the relationships among the actors within the network. Such relationships, in fact, are characterised by many-to-many connections instead of more traditional one-to-one. For that reason, a deep revision of current managerial techniques is dramatically requested. Regardless of huge number of works on this subject, (Harland et al., 2001; Lamming et al., 2000), reliable criteria for the analysis and the evaluation of Tower Records networks, based on the relationships among economic actors interconnected through Internet, are not yet available. Accordingly, managers usually operate according to empirical methodologies that often do not assure optimal quality performances. In order to contribute towards the solution of such a problem, preliminarily examined factors that mostly affect the Tower Records quality performances. It may be assumed that effectiveness and efficiency of Tower Records depend on the coherence between the characteristics of the atmosphere in that the embedded actors operate and the way in that relationships among embedded actors are managed. The management of such relationships, consecutively, is based on the following three factors (Cucchiella et al., 2002): The structures adopted to organize the relationships among the actors of the network (Tower Records organisational structures). The criteria adopted to manage such relationships (managerial criteria); and The activities to be carried out for coordinating the relationships (critical activities). With respect to the Tower Records organisational structures, Tapscott et al. (2000) define five types of b-web adopted to manage relationships among embedded actors based on the level of product-service value integration (high vs. low) and control type: Agora, Aggregation, Value chain, Alliance, and Distributive network. According to Nkkentved (2000), the managerial criteria may be instead, defined on the basis of two variables, the market fragmentation and the product/process complexity. Consequently, six types of criteria may be identified: Auction house; Independent