Abortion - A Freedom Of Choice Essay -- Pro Choice Pro-Choice essays r

During the last twenty-five years, abortion has been one of the most heated topics being debated in the United States and Canada. The only topics that equal the abortion debate are race and war. Abortion is a discussion of human interaction where ethics, emotions, and law come together. There are people that have different views of abortion but no matter what their view is they fall under a thin line. There is the pro-choice and the pro-life. These are the only two categories that people’s views fall into. A pro-choice person would feel that the decision to abort a pregnancy is that of the mothers and the government has no right to interfere. A pro-lifer would hold that from the moment of conception, the embryo or fetus is alive. Since this embryo or fetus is alive and is a person you have no moral right to abort a life. If you aborted the life (person) you would be committing murder. The word â€Å"murder† is mainly used by pro-lifers to describe what happens when you abort an embryo/fetus. Murder means deliberate and unjustified killing of another person containing intent. How can anyone tell a woman that they can’t abort an embryo/fetus to interrupt a pregnancy if it is a result of rape or incest? A women cannot bear the thought of having a child that would be a constant reminder of what happened on such and such a day, such and such number of years ago. The mother doesn’t want to kill a baby; she wants to interrupt the growth of an embryo so that it will not become a baby. The mother interrupts potential life. If the mother aborts the embryo at a very early stage it’s not even recognizable as human and that’s why potential life is just that, potential. My personal belief is that each woman has the right to decide whether she wants to abort an unwanted pregnancy. Remember the termination of the pregnancy might have to do with the health of the mother herself, maybe the mother is unable to attend to the child’s needs after its born, resulting in child abuse and mental disease. In these situations abortion is a must in my opinion. Most abortions occur because contraception fails, because of a rape or because of a serious medical condition of the mother, which could lead to her death. In these situations abortion is often the only way that prevents the birth of an unwanted child or saves a mothers life. In the world today pregnancy often has catast... ...eering there are many pros and cons for each. What it mainly comes down to is how each individual perceives each situation of abortion and genetic engineering. If one person sees abortion as a women’s choice and can back up his views with proof that it would be better for the mother, then do not try to destroy their views. If a person sees abortion as killing a life and they want to abolish abortion, then let them have a chance to voice their opinions. Remember that it is good to have views from both sides because then people aren’t always seeing in tunnel vision. When looking at genetic engineering I hope people realize that this field of science could be very good to society and also very detrimental. So what ever our society decides to do with abortion and genetic engineering, remember the effects that could happen to the world as a whole. God gave us freedom of choice and if He, as a God, gives all of us this freedom, what right do we have to take it away from peoples opinions? Bibliography â€Å"Induced Abortion Worldwide.† Online. The Alan Guttmacher Institute. Available: http://www.agi-usa.org/pubs/ib_0399.html. May 1999. Abortion - A Freedom Of Choice Essay -- Pro Choice Pro-Choice essays r During the last twenty-five years, abortion has been one of the most heated topics being debated in the United States and Canada. The only topics that equal the abortion debate are race and war. Abortion is a discussion of human interaction where ethics, emotions, and law come together. There are people that have different views of abortion but no matter what their view is they fall under a thin line. There is the pro-choice and the pro-life. These are the only two categories that people’s views fall into. A pro-choice person would feel that the decision to abort a pregnancy is that of the mothers and the government has no right to interfere. A pro-lifer would hold that from the moment of conception, the embryo or fetus is alive. Since this embryo or fetus is alive and is a person you have no moral right to abort a life. If you aborted the life (person) you would be committing murder. The word â€Å"murder† is mainly used by pro-lifers to describe what happens when you abort an embryo/fetus. Murder means deliberate and unjustified killing of another person containing intent. How can anyone tell a woman that they can’t abort an embryo/fetus to interrupt a pregnancy if it is a result of rape or incest? A women cannot bear the thought of having a child that would be a constant reminder of what happened on such and such a day, such and such number of years ago. The mother doesn’t want to kill a baby; she wants to interrupt the growth of an embryo so that it will not become a baby. The mother interrupts potential life. If the mother aborts the embryo at a very early stage it’s not even recognizable as human and that’s why potential life is just that, potential. My personal belief is that each woman has the right to decide whether she wants to abort an unwanted pregnancy. Remember the termination of the pregnancy might have to do with the health of the mother herself, maybe the mother is unable to attend to the child’s needs after its born, resulting in child abuse and mental disease. In these situations abortion is a must in my opinion. Most abortions occur because contraception fails, because of a rape or because of a serious medical condition of the mother, which could lead to her death. In these situations abortion is often the only way that prevents the birth of an unwanted child or saves a mothers life. In the world today pregnancy often has catast... ...eering there are many pros and cons for each. What it mainly comes down to is how each individual perceives each situation of abortion and genetic engineering. If one person sees abortion as a women’s choice and can back up his views with proof that it would be better for the mother, then do not try to destroy their views. If a person sees abortion as killing a life and they want to abolish abortion, then let them have a chance to voice their opinions. Remember that it is good to have views from both sides because then people aren’t always seeing in tunnel vision. When looking at genetic engineering I hope people realize that this field of science could be very good to society and also very detrimental. So what ever our society decides to do with abortion and genetic engineering, remember the effects that could happen to the world as a whole. God gave us freedom of choice and if He, as a God, gives all of us this freedom, what right do we have to take it away from peoples opinions? Bibliography â€Å"Induced Abortion Worldwide.† Online. The Alan Guttmacher Institute. Available: http://www.agi-usa.org/pubs/ib_0399.html. May 1999.

Essays Solution

Workshop 3 Interest Rates and Bond Valuation Terminology †¢Face value/par value – the original issue price (the amount borrowed). †¢Maturity date – date on which loan has to be repaid. †¢Coupon interest rate – original interest rate on the bond. †¢Coupon payment – the fixed interest payment on the bond. †¢YTM=required rate of return. ?Bonds pay fixed coupon payments at fixed intervals and the face value at maturity. ?there is an inverse relationship between the price of an investment and the rate of return on the investment – if you pay a higher price for an investment your rate of return must be lower (holding all other factors constant)) ?If the YTM = coupon rate the bond will sell for the face value (i. e. current price = face value). ?If the YTM > coupon rate the bond will sell for a discount (yield goes up, price goes down). If the YTM < coupon rate the bond will sell for a premium (yield goes down, price goes up). Disc ussion 1. Identify the three most important determinants of the price of a bond. Describe the effect of each? Answer The three factors affecting the price of a bond are – coupon – yield – term to maturity. T > The relationship between price and coupon is a direct one – the higher the coupon, the higher the price. The relationship between price and yield is an inverse one – the higher the yield the lower the price, all other factors held constant. The relationship between price and maturity is not so clearly evident. Price changes resulting from changes in yields will be more pronounced, the longer the term to maturity. 2. Given a change in the level of interest rates, discuss how two major factors will influence the relative change in price of individual bonds. AnswerFor a given change in the level of interest rates, two factors that will influence the relative change in bond prices are the coupon and maturity of the issues. Bonds with longer matur ity and/or lower coupons will have the greatest price changes in response to a given change in interest rates. Other factors likewise cause differences in price volatility, including the call features, but these factors are typically much less important. 3. What is the purpose of bond ratings? Answer Bond ratings provide a very important service in the market for fixed income securities because they provide the fundamental analysis for thousands of issues.The rating agencies conduct extensive analyses of the intrinsic characteristics of the issue to determine the default risk for the investor and inform the market of the analyses through their ratings. 4. What are the important assumptions made when you calculate the promised YTM? Answer The most crucial assumption that the investor makes is that cash flows will be received in full (i. e. investors hold the bond to maturity) and reinvested at the promised yield. 5. You expect interest rates to decline over the next 6 months.What kin d of bonds do you want in your portfolios in term of duration and explain your reasoning for this choice. Answer Given that you expect interest rates to decline during the next six months, you should choose bonds that will have the largest price increase, that is, bonds with long durations. 6. Which of the following bonds will have the greatest percentage increase in value if all interest rates decrease by 1 percent? a. 20-year, zero coupon bond. b. 10-year, zero coupon bond. c. 20-year, 10 percent coupon bond. d. 20-year, 5 percent coupon bond. AnswerSince a zero coupon bond’s price today is determined just by the NPV of its par value, all of its payment is discounted for the maximum amount of time, whereas a coupon bond has many payments discounted for less than the maximum amount of time. Therefore, a zero coupon bond is most affected by interest rate changes. So, the longest zero coupon bond is the correct answer, which is statement a. 7. Which of the following statements is most correct? a. All else equal, long-term bonds have more interest rate risk than short-term bonds. b. All else equal, high-coupon bonds have less reinvestment rate risk than low-coupon bonds. . All else equal, short-term bonds have less reinvestment rate risk than do long-term bonds. d. All of the statements above are correct. Answer Statement a since high-coupon bonds have more reinvestment rate risk than low-coupon bonds and short-term bonds have more reinvestment rate risk than do long-term bonds. Problems 1. Two years ago you bought a government bond for $1,000 because you liked the 10% p. a. coupon interest payment that you would receive for 10 years. Interest on the bond is paid annually. Two years later, when the market interest rate has fallen to 8% p. a. what is the value of your bond? SolutionSince coupon rate is 10% and YTM has fallen to 8%, it must be the case that the price of this bond has increased (remembering the inverse relationship between bond price and yie ld). 2. The Morgan Corporation has two different bonds currently outstanding. Bond M has a face value of $20,000 and matures in 20 years. The bond makes no payments for the first six years, then payS $800 every six months over the subsequently eight years, and finally pays $1,000 every six months over the last 6 years. Bond N also has a face value of $20,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond.If the required return on both these bond is 8 percent compounded semiannually, what is the current price of bond M? and bond N? Solution The price of any bond (or financial instrument) is the PV of the future cash flows. Even though Bond M makes different coupons payments, to find the price of the bond, we just find the PV of the cash flows. The PV of the cash flows for Bond M is: PM = $800(PVIFA4%,n=16)(PVIF4%,n=12) + $1,000(PVIFA4%,1n=2)(PVIF4%,n=28) + $20,000(PVIF4%,n=40) PM = $13,117. 88 Notice that for the coupon payments of $800, we found th e PVA for the coupon payments, and then discounted the lump sum back to today.Bond N is a zero coupon bond with a $20,000 par value; therefore, the price of the bond is the PV of the par, or: PN = $20,000(PVIF4%,40) = $4,165. 78 3. Bond P is a premium bond with a 9 percent coupon. Bond D is a 5 percent coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 7 percent, and have five years to maturity. What is the current yield for bond P? for bond D? if interest rates remain unchanged, what is the expected capital gains yield over the next year for bond P? for bond D? Explain your answers and the interrelationship among the various types of yields.Solution To find the capital gains yield and the current yield, we need to find the price of the bond. The current price of Bond P and the price of Bond P in one year is: P:P0 = $90(PVIFA7%,5) + $1,000(PVIF7%,5) = $1,082. 00 P1 = $90(PVIFA7%,4) + $1,000(PVIF7%,4) = $1,067. 74 Current yield = $90 / $1,082. 00 = . 0832 or 8. 32% The capital gains yield is: Capital gains yield = (New price – Original price) / Original price Capital gains yield = ($1,067. 74 – 1,082. 00) / $1,082. 00 = –0. 0132 or –1. 32% The current price of Bond D and the price of Bond D in one year is:D:P0 = $50(PVIFA7%,5) + $1,000(PVIF7%,5) = $918. 00 P1 = $50(PVIFA7%,4) + $1,000(PVIF7%,4) = $932. 26 Current yield = $50 / $918. 00 = 0. 0545 or 5. 45% Capital gains yield = ($932. 26 – 918. 00) / $918. 00 = 0. 0155 or 1. 55% All else held constant, premium bonds pay a high current income while having price depreciation as maturity nears; discount bonds pay a lower current income but have price appreciation as maturity nears. For either bond, the total return is still 7%, but this return is distributed differently between current income and capital gains.

Critical Evaluation Of The Operations Management Commerce Essay

The essay is about to critical measure the operations direction scheme of Hard Rock Cafe as described in the instance stuffs, and discourse the operations direction challenges every bit good as the chances when Hard Rock Cafe sing expand their concern in Hanoi-Vietnam. In the essay, text edition, cyberspace, academic researches will be mentioned to back up the critical evaluates operations direction, challenges and chances issues. Harmonizing to Heizer EL at. , ( 2011 ) , â€Å" Operations direction is defined as any activities that relate to the creative activity of goods and services through the transmutation of inputs and end products † , while operation directors play an of import function in the direction procedure. â€Å" The direction procedure contains be aftering, forming, staffing, taking, and commanding † . ( Heizer el at. , 2011 ) . In the instance stuffs provided, we will measure 10 critical determinations of Operations directions which are goods and service design, managing quality, procedure and capacity design, location scheme, layout scheme, HR and occupation design, supply-chain direction, stock list, programming and last determination is care to see whether how good Hard Rock cafe applied these determinations in their operation direction ( Heizer el at. , 2011 ) . We will measure few determinations amongst those 10 determinations to allow people hold a wide position of how Difficult Rock Cafe applies these determinations to run their concern. For goods and service design, what services/products should Cafe give to clients? That is really of import issue to Hard Rock Management. As we ‘ve known, Hard Rock is in cordial reception industry. If they provide products/services wrongly, it would take the company to ruin. Follow the Hard Rock instance survey, due to the planetary economic alterations, differences in concern jurisprudence, a batch of hazard factors that make Difficult Rock Cafe alterations from planetary Strategy into multi-domestic scheme. Multi-domestic scheme is â€Å" a scheme that companies in each market makes their operating determinations independently of others oversea markets † ( hypertext transfer protocol: //tutor2u.net ) . In here, company decided to franchise a big figure of their coffeehouse by fall ining with opened cafe such as in Manchester and Birmingham, which try to pull local occupants involve in their concern due to this topographic point is non a common topographic point for tourer, where people in here are rather conservative. This determination would do them to redesign their goods and services to run into with the local gustatory sensation. Differences state would hold different cultural, linguistic communications, concern patterns. For illustration: Hard Rock cafe in Kuwait would necessitate to alter their bill of fares because they ca n't eat porc. All merchandises are related to porc are prohibited every bit good as intoxicant while in US where people can eat porc, imbibe intoxicant with no limitation due to difference faiths and jurisprudence every bit good ( Muslim in Kuwait and chiefly Catholic, Protestant, Buddhism in US ) . ( hypertext transfer protocol: //www.hardrock.com ) Another issue is pull offing quality. Base on Rose EL at. , ( 2005 ) , â€Å" direction quality is looked at 4 issues: quality planning, quality control, quality confidence and quality betterment † . Hard Rock Cafe has been focused on quality control and betterment by study. It has been done on a regular basis with rate from 1 to 7. If the mark is non reached score 7 that mean the nutrients and services will be reviewed. The company has changed their bill of fare to fit with local gustatory sensation every bit good as upgrade their bill of fare. They are non merely concentrate on their traditional nutrient such as beefburgers and beefs but besides look for high category of nutrient like fishes, lobsters. Although clients go to Hard Rock Cafe because they love music, atmosphere, environment, that is the chief ground but high quality of nutrient which show in bill of fare would be value-added to Hard Rock Cafe repute and brand clients come once more. Cianfrani el at. , ( 2009 ) told that: â€Å" Quality direction could alter some of the direction rules. This can assist exceed degree direction to increase the company ‘s public presentation every bit good as satisfy the client ‘s demand † . This issue is really of import for the company which they are strongly focused on client because most of the Hard Rock Cafe ‘ clients are tourers while a minority is a local occupant ( Heizer el at. , 2011 ) . When the company changes their services/products, they besides need to believe of their existing supply concatenation direction. Mentzer et al. , ( 2001 ) stated that: â€Å" Supply concatenation direction is seen as a mechanism to keep competition in domestic markets, in visible radiation of increasing planetary competition † . The company chooses to upgrade their bill of fare that would reconstitute their supply concatenation direction because they will necessitate new providers every bit good as possibly extinguish some old providers. Hard Rock Cafe does non desire excessively much on beefs and beefburgers ; they want to add more expensive material such as fishes and lobsters which would pull a wider scope of clients every bit good as lift the degree of Hard Rock Cafe one measure higher. Top degree directions besides need to see on the distribution web of new providers. Where are their warehouses, distribution centres, figure of networking, who are their clients? What are payment footings? Can they present goods so we play subsequently or we need to play upfront before they bringing goods? All those things need to see really careful because it will impact to the cost of the repast subsequently on. If the warehouse of new provider is excessively far, it would make a large job when we run out of nutrient to fix repast for clients. Furthermore, if the company has to do full payment before they deliver goods, it would be an issue to direction degree to see because if we can pay them subsequently in a certain twenty-four hours after we receive goods, that is so much better, we can utilize that money to make something else to do more money and pay the provider subsequently. Location for Hard Rock Cafe would a large issue to see when choose the location. A batch of things would impact such as political hazard, currency hazard, societal norms, trade name tantrum, and concern patterns ( Heizer el at. , 2011 ) . Political hazard is defined as â€Å" Probability of loss due to political instability in the purchaser ‘s state that may ensue in cancellation of a licence or otherwise impact the purchaser ‘s ability to do payments. Political hazards are insurable hazards, and overlap with the political constituent of force majeure hazards † ( hypertext transfer protocol: //www.businessdictionary.com ) . It is the chief concern when taking location. Thailand will be a good illustration. Recently, Thailand has a batch of work stoppages which would do investors worry. It will besides impact tourer industry due to a batch of cancellation circuit to Thailand during work stoppage ( hypertext transfer protocol: //www.thaipro.com ) . While concern patt ern is another issue Hard Rock Cafe demand to concern. â€Å" The regulative model in Thailand is rather good but whether it is put into pattern is a different issue † ( hypertext transfer protocol: //www.reuters.com ) . The concern environment in Thailand late is traveling down. Corruptness is increasing severely. If company wants to spread out concern in Thailand, this issue would be sing carefully while most of the concerns try to avoid bribing, they want to make clean concern particularly some companies come from developed states such as United State, Australia. Maintenance would acquire affect as the scheme of Hard Rock Cafe has changed to franchise with opened eating house or cafe . This mean they need to redesign the current cafe/restaurant so that will suit local cultural but it will non lose the Hard Rock ‘s ocular visual aspect. Securency Company is an illustration for corrupting. Securency is a joint company between Reserve Bank Australia and British company call Innovia Films. â€Å" Several former and functioning Securency executives engaged in graft to win trades in Vietnam, Nigeria, Malaysia and Indonesia. † Securency Company has been investigated and graft for some middle-men in order to win the trades oversea has been probed. If Hard Rock Cafe gets involve in this sort of graft, this will destruct all the repute that Hard Rock Cafe has tried to construct up decennaries ago every bit good as it will take to shuting down a batch of concern if the graft is proved. Human resource direction is besides an of import affair for company. Armstrong ( 2006 ) stated that: â€Å" Human resource direction is the strategic and consistent attack to the direction of an organisation ‘s most valued assets: the people working there who separately and jointly lend to the accomplishment of the aims † . Nowadays, most of the company is truly pay attending about human resource. It can assist the company win over their rivals. For eating house industry, merchandises are of import but services could be an excess point to pull client come back. How Difficult Rock could make it? The company needs to supply the â€Å" better services, cheaper monetary value and faster response † to vie with their rivals ( Blackwell et al. , 2001 ) . Staff turnover is another issue particularly in eating house industry due to really high turnover of employees, around 80 % to 100 % per twelvemonth ( Heizer el at. , 2011 ) . Hard Rock Cafe is successfully in keep really low per centum of staff turnover by Lashkar-e-Taiba employees make full in each twenty-four hours schedule what day/shift they would wish to work base on their degree and how of import they are at each displacement. The intent is to equilibrate work and normal life of staff every bit good as will non allow over-employee between two displacements. This method works really good as Hard Rock staffs love that method and it helps to cut down the staff turnover which is per centum of staff turnover in eating house industry is really high. Although staffs at Hard Rock Cafe are music lover, happy with the working environment but for normal living life, they can non populate without money. So company should hold sensible salary system in order to assist their staffs afford to normal life cost. There is an accusing of an anon. server staff in of the Hard Rock Cafe in United Kingdom that he/she was acquiring paid under the national lower limit rewards which is 2.06 lb per hr while national minimal rewards is around 5.73 lb per hr ( hypertext transfer protocol: //news.bbc.co.uk ) . Employees in Hard Rock Cafe in London are trusting on tips of client to force their rewards to national minimal rewards. These tips could come from hard currency, recognition card tips but we do non cognize all those tip will be distributed reasonably to staffs or the company will maintain them and give portion of it staffs merely. This affair is really of import. Salary would a tool to stimulus the public presentation of employees which could do them work harder, dynamic and enthusiasm. If this affair is proven, the company will be fined and leads to rivals get derive more market portion which is belong to company. In order to spread out concern in Ha Noi, Vietnam, Hard Rock needs to look at challenges and chances before make concluding determination. These challenges and chances are mention below: Based on General Statistics Office of Vietnam, Ha noi is about 3345 km2 with more than 6.5 1000000s of people which is around 1935 person/km2 ( hypertext transfer protocol: //www.gso.gov.vn ) . We can see in here, will little country with a batch of people live in, so it is really difficult to happen location to open a new concern in here. Location is a chief concern of company which is easy to entree ; locate around Central Business District where a batch of traveller and people can see their logo. Furthermore, existent estate monetary value in Ha Noi is really high comparison to other metropoliss so that company would necessitate to see rental or purchase it out ( hypertext transfer protocol: //vietbao.vn ) . That would be added to the cost of repast which would be an issue in competitory with other rivals. Another challenge is cultural differences. Cultural differences could do a batch of job which Hard Rock needs to happen out when be aftering to make concern in Vietnam. Eye contact is an of import to state whether we respect opposite individual or non. For Western cultural, when people are speaking, it is impolite if we do non look at each other ‘s eyes. But in many Asiatic states such as Japan and Vietnam, they can non look at their higher-up ‘s eyes otherwise it means you have no regard for them. If you do that so, that mean you show your regard to them ( Moran el at. , 2007 ) . Posture/Gesture can do misinterpretation every bit good if two concern work forces from difference states with difference cultural. In Vietnam, it would be friendly if two people stand near, remain small spread between two people but in western manner, it should be a spread ( at least one metre ) when they are speaking to each other, it is consider polite. On the other manus, handshaking would differences between Asiatic cultural and Western cultural. Western people prefer steadfast handshaking, that show their regard to concern spouse every bit good as trustworthy while in Asia, particularly in Vietnam, house handshaking should be avoided while people think it is ill-mannered, un-educated, non being friendly to think. Those things are really of import because if they do non understand Vietnamese cultural, it might make jobs between flat direction of Hard Rock towards their employees. This is non good for concern as it will make the spread between degree direction and employees, hapl ess public presentations, people might desire to discontinue due to defeated, do non like working environment. Currency hazard is another hazard factor. At the minute, the exchange rate between US dollar and Vietnamese dong is really high which is 1 US dollar can alter to 19500 VND ( www.eximbank.com ) . If Difficult Rock would wish to convey their goods over from US to maintain original gustatory sensation, it would do the monetary value of each repast addition due to value of VND is decrease plus no transportation cost from US to Hanoi if they buy those merchandises in Vietnam. The rise and autumn of exchange rate could do company hold more competitory advantage to rival but it would be a catastrophe subsequently on so that advantage would turn to disfavor every bit Hard Rock Cafe scheme wants local occupants get affect along with tourers. In Vietnam legal model is rather good but it is non applied. Intellectual belongings right is an illustration. It is non protected even Vietnam has signed a batch understanding which promised to protect the right of first publication but it does non set it in pattern ( hypertext transfer protocol: //www.vietnam-ustrade.org ) . The per centum of right of first publication violation is still high at 85 % , same at twelvemonth 2007, 2008 ( hypertext transfer protocol: //phapluattp.vn ) . Hard Rock Cafe can be set up today but following few hebdomads, another Cafe might be unfastened and all the repasts, layout, manners, music would be similar or somewhat differences. It will impact the trade name name of Hard Rock if clients come in, still though that is Difficult Rock Cafe and they have bad serves or nutrient toxic condition. Disregard those challenges above, Ha Noi is still a possible topographic point for investor to see when unfastened concern in here. First, Hanoi is capital of Vietnam with labour force 1.6 million of people while 43 % of them are under age of 35 ; it means 400.000 people enter the market every twenty-four hours ( hypertext transfer protocol: //industrialzone.vn ) . Furthermore, GDP per capital of Vietnam is about $ 1156 USD/year which is really low comparisons to US. It means, company has more option in choosing staffs but pay less money than in US market ( hypertext transfer protocol: //www.dfat.gov.au ) . That would salvage a batch money for company while in US immense money has been paid off for HR and vocalists. This is an advantage when unfastened concern in Hanoi. Second, supply concatenation direction would non be a job because people can come to Hanoi by three chief ways: railroad, roadway and air passage. Hanoi is besides a get downing point of a batch national main road such as Number 1A national main road, Number 3, 5 national route and NoiBai airdrome is about 40km off merely every bit good as near to 5 large industry zones which they can provide most of the demands for Hard Rock ( hypertext transfer protocol: //industrialzone.vn ) . It is easy to present goods for company on a regular basis and on clip so company will non be run out of stock even in peak period. Third, since 1990, economic sciences of Vietnam is turning really fast. GDP of Vietnam is about 7 % turning continuously while GDP per capital is at $ 725 USD in 2006 goes up to $ 1156 USD in 2010 which is about double in 4 old ages clip. We can see bright economic system, turning really fast which is a possible market with around 90 1000000s of people ( hypertext transfer protocol: //www.dfat.gov.au ) . That could open for Hard Rock a batch of opportunities while invest in Vietnam as a batch of US companies did it long clip ago such as IBM, Intel and many more US companies. Intel is good illustration in investing. They merely announced to make up one's mind to do the $ 1 billion investing in a comparative fledgling to the hi-tech game – Vietnam ( hypertext transfer protocol: //www.usatoday.com ) . This determination is good intelligence for Vietnam which could make a hundred 1000 occupations in Hanoi and Ho Chi Minh City every bit good as could convey back immense net incomes for Intel in the hereafter as labour cost in Vietnam is rather inexpensive but extremely educated. In decision, ten operation direction determinations play an of import function in making concern of company. Those determinations mentioned supra are non all of 10 determinations but it would demo out how of import 10 operation direction determinations in pull offing quality, better public presentation of employees, create new goods/services in order to accommodate to the fast changing of planetary economic. If Hard Rock Cafe can go on to execute as they are making right now, it would be the strength and a competitory border toward their rivals.

Indiana Jones: Raiders of the Lost Ark Hero’s Journey Analysis Essay

Ordinary World In the first opening scene we see is Indiana Jone’s whip in his pocket. Then we see the hat from behind and that is when the die-hard Indiana Jones fans realize that they are witnessing the entrance of a great hero. The ordinary world for Indiana Jones is really not that boring at all. He is constantly hit on by many undergraduates that he teaches in his Archaeology class. A prime example being an extremely attractive undergraduate girl closes her eye lids to display the message â€Å"LOVE YOU.† The Call The call to action in this movie was when the two federal agents came to enlist the help of Indiana Jones to acquire the Ark of the Covenant. Indiana Jones informs them of the history behind the Ark and is informed that the Nazis have found Tanis the last known location of the Ark. Jones informs the federal agents that he is no expert on the subject of Ark myth, but they should be asking Abner Ravenwood. Ravenwood collected many relics of Tanis including the head piece to the Staff of Ra. The head piece is the key to finding the Well of Souls where the Ark is kept. The Refusal Indiana Jones is gung ho about embarking on his quest to find the Ark of the Covenant. Marcus Brody, the head curator of the National Museum tells Jones that is might not be a good idea to go seeking the Ark. Brody expresses his convern when he says, â€Å"Well, I mean that for nearly three thousand years man has been searching for the lost ark. It’s not something to be taken lightly. No one knows its secrets. It’s like nothing you’ve ever gone after before.† Jones tells Brody not to worry, for he does not believe in the supernatural.† Meeting the Mentor This movie has a slight twist in terms of meeting the mentor. The mentor, Abner Ravenwood is mentioned but we never get to meet him, for Jones and he had a falling out many years prior. Jones later meets up with Sollah who guides him through Egypt. Crossing the Threshold In this movie, however, Jones goes to Nepal to go see Marion, Abner Ravenwoods’ daughter, to obtain the head piece to the Staff of Ra. Accomplishing this task is not easy for Jones because a romantic encounter he had with Marion years earlier. Test Allies & Enemies Indiana Jones is greeted quite rudely when he enters through Marion’s door she says, â€Å"Always knew someday you’d come back through my door!† and then proceeds to punch him, â€Å"In the last ten years, I learned to hate you. I was a child. You knew what you were doing.† Jones finds out that his mentor is dead. He gives her money to buy the head piece, and she tells him to come back tomorrow to retrieve it. After Jones leaves the bar, agents from the German Gustapo looking for the head piece. They subdue her and threaten to burn her with a hot poker in order to torture her for information about the whereabouts the head piece. Right as they are about to start the torment Jones comes in and saves her by whipping out the hot poker out of the tormentor’s hands. The hot poker lights the curtains ablaze resulting in the head piece heating up. The head Gustapo officer grabs the medallion and burns his hands in the process. Marion then pays back the favor to Jones by shooting an assailant saving Jones’ life. She looks and turns to Jones and says, â€Å"I’m your god damned partner!† At this point a partnership has been formed and we have Jones’ first major ally in the quest to find the Ark. The Approach * They arrive in Cairo in Egypt, where they meet up with Sollah, and an old colleague of Jone’s. * Rene Belloch is running the archaeological dig in Tannis * The Germans have found the map room that Jones had mentioned before, but cannot find the location to the Well of Souls without the head piece. * Sollah acts as their guide and warns them of the dangers * â€Å"The Ark. If it is there, at Tanis, then it is something that man was not meant to disturb. * Death has always surrounded it. It is not of this earth.† – Sollah * Jones and Marian start to rekindle their relationship * They are attacked by the Nazis and Jones throws Marion in a basket to keep her safe from harm * While hiding in the basket the monkey hops on the top cover of the basket, giving her position away * Indiana Jones seeks out Marion but is unable to find her * He shoots the explosives truck and the truck explodes which leads Jones to believe that Marian is dead * He meets up with Sollah after and they come to the conclusion that they only have one side of the head piece * The Nazis are digging in the wrong place * Sollah and Jones realize they do not have much time, for they must get to the map room around 9:00am when the sun hits the map room * The sun shines through and points them to the location where they must dig * Jones goes to Balloch’s tent and finds Marion * Jones promises to come back for her after he retrieves the Ark * They find the entrance to the Well of Souls when they are ambushed by Belloch and his Nazi cohorts Supreme Ordeal Jones is locked inside with Marion in the Well of Souls. The floor is covered with snakes which makes this even more excruciating for Jones. Snakes are Jones’ worst fear and he despises them with a passion. At this point it seems as if all hope is lost, but Jones and Marion manage to escape the Well of Souls and try to flee the archeological dig site at Tannis. The Reward After a fistfight with a giant Nazi mechanic, blowing up an airplane on the airstrip, and chasing down a fleet of trucks, Jones takes back the Ark before it can be shipped to Berlin. He obtains what he was looking for all along plus he has Marion by his side, which is what he really wanted all along. The Road Back Indiana and Marion leave Cairo to escort the Ark to England on board a steam boat. The next day, their boat is breached by Belloch, and the Nazis, who once again steal the Ark and kidnap Marion. Indiana stows away on their U-boat and follows them to an isolated island where Belloch plans to test the power of the Ark before presenting it to Hitler. Indiana reveals himself and threatens to destroy the Ark with a rocket-propelled grenade launcher, but Belloch calls his bluff, knowing Jones cannot bear to eradicate an important historical artifact. The Resurrection Indiana surrenders and is tied to a post with Marion as Belloch performs a ceremonial opening of the Ark, which appears to contain nothing but sand. Belloch’s Nazi cohorts start laughing thinking they had just wasted their time. Suddenly, angels start to emerge from the Ark. Aware of the supernatural danger of looking at the opened Ark, Indiana warns Marion to close her eyes. The apparitions suddenly morph into gruesome creatures of death, and lightning bolts and burst of fire and flame begin flying out of the Ark, killing the Nazi soldiers, while Belloch and the rest of the commanding officers meet their fates as well. Return with Elixir Indiana and Brody ask about the whereabouts of the ark and are informed by the federal agents that the Ark â€Å"is someplace safe† to be studied by â€Å"top men†. The Ark is sealed in a wooden crate and stored in a giant government warehouse in Area 51 filled with countless similar crates.

Agricultural Revolution Essay

Back in the early years, people have their very own way to survive in this world. They went for hunting edible animals in the juggle or gather in a village or place so that they could obtain food supplies. Could we imagine how tough it was for these people merely to get food for living, so that they could continue their life and preserve the continuation of human being? But thankfully it changed in 1700s when people started to make agricultural revolution, by that means people domesticated plants and animals so that they could sustain their life by having food stocks that they preserved. Although there were group of hunters that still hunting during that time, the agricultural revolution has impacted many or should I say most of the people in this world. They started to make their own land into agriculture field where they could use it for farming and animal’s production. During this stage, usually the production of food supply and the crops yield just adequate for their own f amily supplies and it was not for commercial purpose. When it came to another stage of Agricultural revolution, where this revolution brought a very significant impact in civilization and economic development; in which the era was called by the dawn of civilization. The Agricultural Revolution resulted in a food surplus, not unlike the original agricultural revolution which allowed civilization to develop. The agricultural revolution was a period of agricultural development between the 18th century and the end of the 19th century, which we could describe as one of vast and rapid increase in agricultural productivity and drastic improvements in farm technology. This idea of Agricultural revolution can be proved, as more experimental farmers has developed good and healthy seeds, cross breeding animals that potentially increase their life and prevent any diseases, nutritious soil or dirt, effective fertilizers, a good and efficient system of drainage and fencing. In addition, these enhancements of science have reasonably produced an effici ent fertilizer thus it was one of major factors that increased the productivity of soil. Lastly, there were also multitude of great inventions such as seed drills, plow, moldboard and many more. These machines or inventions have made the farmer’s work became easier than it ever was and it also increased the productivity of crops and animals. I found a quote from  one of my readings and it effectively related to agricultural revolution, â€Å"Thus not only will the same amount of land be able to feed more people; but each of them, with less labor, will be employed more productively and will be able to satisfy his needs better.† (Condorcet, 1793) There were a number of the factors that triggered the idea of agricultural revolution and new farming method in that particular of time, in which obviously because the lack of food supplies while at the same time they also were facing overpopulation. Furthermore, people were desperately trying to overcome this deficient issue and came up with the ideas to increase the production of food by planting on their own. Apart from that, the industrial revolution also played a crucial role for agricultural revolution to rise. B oth of these revolutions were closely related because of the idea of having better living and civilization. In fact, it is impossible for industrial revolution to take place without agricultural revolution. Besides, agricultural revolution also was triggered by the improvement of transportation method such as roads, railroads, refrigerated railroad, cars and trucks. By using this improvement of transportation technology, the farmer could increase the quantity of crops yield being brought to the market hence maximize their profit. According to my professor, Deborah Symonds has stated â€Å"the changes in farming that made fortunes for some, and left others anxious and evicted from their farms.† Based on that statement, we can tell that there were possibility of pros and cons from the agricultural revolution phenomenon. However, I strongly believe that the pros outweigh the cons as the impact of agricultural revolution towards the society highly important. As we know, the development of science has created an improved quality of fertilizer that eventually impacted more productive land . As we know, productive land would produce vast productions of crops and animals. This would lead to an even and stable population growth and contribution of food supplies, in which it became a key factor to the overcoming of famine problem. Apart from that, the increased of the population had produced a greater demand from the people for goods such as clothing. It is said that agricultural revolution had been the stepping stone to the Industrial Revolution. This has resulted in more construction of industrial factories hence increased the work opportunity for the people. On the other hand, the cons of agricultural revolution was that it included the reallocation of land ownership. When the  land happened to be more productive, it increased in value. It attracted these capitalists to be investors for food plantation and domestic farmers to buy the land in a large scale so that they could utilize it to produce large crops and vast production of animals. The consequence affected those small farm owners, or people who started with small area of land found themselves left out. It led to the eviction of small farming family from their own land for example the Highland Clearance in Scotland. In conclusion, Agricultural revolution had played a very significant role in shaping our modern day. I personally believe that we could not live as modern as it should be without agricultural revolution in fact I imagine that we could still go for hunting for food supplies just for the matter of survival. It made me think that this revolution has overcome world’s greatest problem, the deficient food and kept us away from famine. The Agricultural revolution was indeed a crucial phenomenon that ever happened in development of civilization.

Designing a performance appraisal system Essay Example | Topics and Well Written Essays - 2000 words

Designing a performance appraisal system - Essay Example While the exact nature of the goals may vary, some of the determined objectives would usually pertain to achieving a certain amount in sales, revenues and profits. There should also be measures in place to monitor and control the effectiveness and efficiency of every department. A performance appraisal system is one such management tool that would control the activities of managers, supervisors and subordinates throughout the entire organization. The task of creating and maintaining a performance appraisal system is usually one of the key tasks of the Human Resources Department and is also connected to the performance rewards and compensation system of the enterprise. Assumptions In the given scenario, I am working as an Occupational Psychologist and have been approached by a medium-sized organization called Select. The Managing Director has identified a need for a new performance appraisal system for senior and middle managers only, and he wants me to put together a proposal of how I would get this task done. The organization has 10 senior managers, 50 middle managers and 400 employees. The appraisal system will be conducted twice a year. Last appraisals using the current system were conducted one month ago. Competency frameworks are already available for the roles of senior and middle managers. ... Every organization no matter how big or small usually has a recap at least once a year in which it takes account of how well each department, division and how it as a whole has performed in terms of revenues, profits, market share, shareholder value or whatever other measure management deems as necessary and important to gauge performance (Brown, 2001). The truth is that we never know how well or badly we are doing at a certain task until we develop a measurement for it. A performance appraisal system enables us to measure how each employee, supervisor or manager is doing in the attainment of his or her objectives. In such a system, individual goals contribute to departmental goals, which in turn contribute to the overall goals of the enterprise. A performance appraisal or management system is a diverse, well thought out process that seeks to elicit cooperation from the workers in the pursuit and attainment of organizational goals, by using rewards like bonuses, increments and stock options for good performance and punishments or warnings for bad performance. In this way the manager or supervisor evaluates and lets the worker know how he or she is doing on the job (Fletcher, 2004). It has been observed that there are both positive and negative feelings about the initiation of a performance appraisal system in an organization. Employees who are not performing up to the mark and who are warned about their lackluster performance are likely to view the performance appraisal system as a nuisance and react negatively to attempts to correct undesirable behavior and put them back on track. On the other hand, employees who are exhibiting all the positive traits and performance are rewarded for their good behavior and are likely to treat the performance appraisal system as a

Models of Health Production Essay Example | Topics and Well Written Essays - 2500 words

Models of Health Production - Essay Example As the discussion highlights that the healthcare facilities are the providers of healthcare services. Under the supply principle, the health care facilities can increase the quantity of supplies needed to serve the increasing demand for their services. For example, if the patient queue, long line, increases due to lack of nurses and doctors serving the needs of the increasing number of patients, the healthcare facilities has to increase their healthcare capacity. The healthcare facility may have to hire more nurses and doctors. The additional nurses and doctors will reduce the long line of patients seeking medical help.This study outlines that the health economics principles include the demand theory. The patients are the users who demand for healthcare facilities. The theory states that as the prices of good and services increase, the demand for the products or services increase. Patients would troop to the healthcare center that offers the lowest possible hospital fee. The patients ’ economic status gives the patients the significant influence to seek a healthcare facility that caters to his or her economic capacity. To the rich citizens of America, they would seek medical help from the specialists.  On the other hand, the poor patients have to other recourse but to choose more affordable medical facilities. The poor patients have to visit government hospitals that offer low medical laboratory fees. The poor patients have to visit medical facilities that cater to the indigent patients.... On the other hand, the poor patients have to other recourse but to choose more affordable medical facilities. The poor patients have to visit government hospitals that offer low medical laboratory fees. The poor patients have to visit medical facilities that cater to the indigent patients. However, some of the doctors are not specialists. Some of the doctors are students having their on duty practice. Comparing the rich patient and the poor patient, each has the right to choose which medical facility to approach, using their economic status as a basis for the selections. In addition, the government plays a vital role in the resolution of the health economics issue. In 2008, United States National Conference of State Legislatures, www.ncsl.org, issued timely health care reforms to improve the current loopholes in each state’s healthcare policies (Santerre 563). The government allocates a budget to pay for the medical bills of the poor or indigent patients. The government uses t he tax collections to pay for the medical fees of the citizens. The government contributes to the alleviation of the people’s economic plight, especially the poor citizens of the nation, by allocating government funds to the hospitalization and other medical emergencies. Health care insurance. Further, many companies permit the employees to have healthcare insurance (Santerre 563). The healthcare insurance takes care of the patients’ medical bills while undergoing medical treatment. The healthcare insurance reduces the patient’s responsibility to pay for the actual cost of the medical doctor’s examination as well as the medical laboratory fees. Parties. Furthermore, the American healthcare environment includes three major parties (Champlin 913). The parties are the households,