The Lucky One by Nicholas Sparks free essay sample

The young camper is named Logan Thibault, and although a check reveals no wrongdoing on the strangers part, Clayton does not like him. His hatred is intensified when, after letting Logan continue on, Clayton cant find his camera and he discovers slashed tires on his vehicle. What sequence of events brought Logan to North Carolina? He fought in Iraq as a marine. On his third tour of duty, he discovered a photograph of a beautiful young woman at a county fair. When no one claimed the picture, he kept it. Soon, he began winning at poker.He also managed to survive the deadliest war battles. Could his friend Victor have been correct when he said that the woman in the photo was Logans lucky charm? After he leaves the Marines, Logan experiences a profound tragedy that spurs him to find the mysterious woman in the picture. He can deduce a few clues from the photograph, so he takes his German shepherd, Zeus, and begins walking with only a pack on his back. We will write a custom essay sample on The Lucky One by Nicholas Sparks or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page When he finally reaches Hampton, North Carolina, immediately after his encounter with Deputy Clayton, he has a feeling that he is nearing the end of his quest.Sure enough, when he shows the photograph to locals, they inform him who the woman is: Beth Green, a schoolteacher and mother who lives with her grandmother at the family dog kennels. They also warn him that Beth is off-limits; she has an ex-husband who no one wants to mess with. When Logan finds Beth, she is taking care of her grandmother and her son, Ben. Grandmother Nana is a colorful character, a woman who remains strong despite her age and a recent stroke. Ben is a sweet, smart child who is belittled by his father for not being athletic. Bens father just happens to be Deputy Keith Clayton. Nana hires Logan to work at the kennels. Even as he draws closer to the family, he is unsure why he is there. He finds himself unable to tell Beth about the lucky charm photo, especially when he learns that Beths beloved brother Drake was also a Marine in Iraq and died there. How can he talk about being lucky when Drake was so unlucky? Meanwhile, Beth and Logan cant resist their attraction to each other. But Clayton is determined that his ex-wife will not have a romance with Logan Thibault.A heavy rain caused the area to flood, and due to stress, Ben retreats to his tree house not realizing how severe the storm was. The tree house was rickety, and fell apart with Ben inside. Logan and Keith are on the way to rescue him but the rain was so heavy, the whole area was flooding with rushing water. In a daring rescue to save Ben’s life, Keith dies while Logan and Ben survive the scary ordeal. The ending is bittersweet, with Keith dying while trying to save his son.

Conflict of Values in Malaysian Society

Question: Discuss about the Conflict of Values in Malaysian Society. Answer: Introduction The occurrence of conflicts regarding different values is prevailing throughout the entire Malaysian culture. It becomes significant for the people to understand the causes of these conflicts as it will help in reducing the conflicts and will increase the effectiveness throughout the Malaysian society (Atran, 2016). This research paper reflects the causes of conflicts of values and the ways of reducing it. Moreover, the paper evaluates the fact that people from different religion enforce people coming from other religion to follow their own sets of values and culture. The biased decisions taken by many of the people without understanding the concerned matter needs to be stopped as its affects the culture of the society in various ways. People needs to respect the values and beliefs of the other religion as it will help in reducing the conflicts and will hell in strengthening the power of the entire Malaysian community. Conflict of values in social science The conflict of values is mainly defined as the difference between the opinions which are created due to the different beliefs and views. This type of conflict is not resolved easily because the differences are based on the individual beliefs not based on the fact. For changing an individuals opinion convincing and logical arguments are needed but at the time of changing the values this convincing and logical arguments are not so effective. From the ancient days, the conflict of values always throw the challenge and create obstacles against the traditional procedures or methods to resolve the conflict which arises due to the differences between the values of an individual and nation (Bercovitch, 2016). There is also an effective way or method to resolve such type of conflicts. The values which are mostly agreed and accepted by the individuals are implemented as newly accepted value in the society. Due to globalization and cultural diversity, day by day the level of conflicts is incre ased among the individuals due to the differences in their core values along with their various socio-cultural personalities and individuality. The conflict of values can create tension within the individuals and among the groups internally at various step of development of the society. The citizens or people of any democratic society are free to make choices about their political leaders who can drive the nation towards development and are able to achieve the societal goals. However, some of the time the citizens face some difficulties at the time of making a political choice because the citizens involve and bring in some conflicting values or principles. The conflict of values is actually an expression of the political attitudes which is common and significant. In the recent days social values is only an important term which is related to an individuals social point of reference. The value conflict theories are the perceptions or a point of view about the social and political ineq ualities within a social group. The basic part of social science is Value Conflict. The Malaysian people are generally affected by many kinds of biases (Carla J, 2016). Such type of biases is a biased escalation, biased perception and biased fairness. Sometimes these biases hamper the values of the society. At that time a clash or conflict arise related to the values among the people of Malaysia. These biases created some social issues which are related to self interest. In the recent days there is a new trend of modernization, urbanization, secularism and liberalization which affects the society or the nations tremendously (Vijay K. Verma, 2016). Each and every society tries to follow this modernization for the growth and development of their society. At the time of making these changes resistance is a common reaction (Coy, 2013). Though, this new trend is beneficial for every society. It increases the growth rate of any society. For this reason development of the nation is also co nfirmed. However, afterward the clash or conflicts which are arising between the liberty and morality of the Malaysian people has increased. When any group has different ideas about quality of life at that time they obviously lead to a conflict (Dora, 2016). The morals or values are the set of meanings by the help of which any individual or nation can judge any decisions about which one is most important and valuable and which one is not. Generally, the people from same group or same culture in Malaysia have near about same types of mindsets and realities. The values, morals, procedures and assumptions all became a common sense for that particular group. The conflicts of values are generally occurred when the disputants are belonging to various social groups from throughout the world (Wan Hus, 2016). Basically these conflict of values happened due to many reasons such as misunderstandings, mistrust, negative stereotyping activity, and non-negotiable attitude (Elliott, 2016). The conflicts of values also have some harmful effects. The impacts of conflicts of values influence the society negatively. Some of the times, due to this conflict of value, the main issues about the topic become inappropriate and irrelevant and generate a new issue for conflict. Discussion of the conflict values which occurred and developed a contention throughout the Malaysian society It has been sent that evolution somehow give rise to both cooperation and competition. Moreover, in a particular environment having the limited amount of resources, the fittest persons are found to survive the desired competition of the resources. On the other hand, the different conflict values throughout the Malaysian society have given rise to the argument regarding the development of the conflict values. It becomes very important to understand the desired reasons for the occurrence of the conflicts between the different groups as it will help in reducing these conflicts increasing the effectiveness of the entire society concerned. Different people residing throughout the different areas have their own opinions and views which sometimes give rise to several conflicts (Gainous, 2016). Some of the other causes for the occurrence of the conflicts between the different groups of people are seen because diverse people have various views regarding the ways of organizing the society in a defined way. Therefore, it becomes very crucial to understand the different views of the people regarding the development of the entire society and moreover, people need to respect the views of the other people without arguing with them. There are different groups of the people throughout the society which give rise to different sets of moral values of the people and his becomes one of the major causes for the development of the conflicts between them. Furthermore, different people have own perception regarding the judging and deciding what is wrong and right and what sets of values needs to be developed in order to increase the effectiveness of the entire society (Haneef, 2016). It has been seen that the people of the diverse group of the people throughout the country helps in monitoring the implementation of these sets of the moral values for the development and growth of the entire Malaysian Society. The difference between the perceptions of the people regarding the identificati on of the moral values needs to be understood in an effective way as this helps in reducing the conflicts between them. The major point is that the conflicts occur when one of the groups enforces their particular moral decision or views on the other people. Different perceptions of help people as well as the moral values sometimes give rise to the occurrence of the conflicts which finally affects the execution of the work processes throughout the society concerned. There are several examples revealing the causes of conflicts throughout Malaysia such as the clash between the Malays and the Chinese people, urban Chinese giving rise to the Malaysian conflicts, religious tolerance throughout Malaysia and values conflicts regarding the satisfaction of the job throughout Malaysia. Religion is another factor which helps in providing a strongest bond between the groups of the people concerned. The development of the moral values comes from different religion of the people and therefore it becomes more important to understand the desired sets of moral values in a better way as to reduce he conflicts enhance the effectiveness of the entire Malaysian society. Religion supposed to polarized and serve both the desired source of the moral division and the moral unity as to strengthen the power of the entire Malaysian community concerned. It is evident to know that there are some of the people prevailing throughout the different parts of the society who affect the people by their own values and beliefs and this needs to be reduced and they should work as per the requirement of the entire society as to maintain an effective culture throughout the society (Hatta, 2016). Furthermore, people also believes that they are the right in following the correct sets of values and beliefs but the fact is that they needs to come across the values and the belief of other people and should respect the people as to reduce the desired conflicts (Hisham, et.al 2016). Therefore, the above discussion signifies that the people are the one who gave rise to the several conflicts because of their own perception, values and beliefs. The diverse group of people should pay respect to other people coming from different religion. Humanity needs to be considered to be more important as no religion signifies to harm any of the people concerned. The desired sets of values of different religion is merely o enhance the living standard of the people irrespective of the conflicts (Kinnander, 2016). One of the serious issues seen throughout the Malaysian culture is that people coming from different religion try to enforce their values and beliefs over the other group of the people from different religion. It has been noticed that the bias decision throughout the Malaysian culture aff ects the living standards of the people and therefore it needs to be understood that there needs to be development of the un-biased decisions. Avoid conflict of values in Malaysia It has been evaluated throughout the study of the Malaysian culture that Malaysia is suffering from many clashes in daily lives. Certain laws and rules have been observed to stop these conflicts among the people of Malaysia (Kohlrieser, 2016). First, comes, the principle of Peacemaking, which means exposure to the hidden goals and beliefs and determining the facts, which are essential to resolve the conflict throughout Malaysia. Secondly, the principle of Peacekeeping, and last comes the principle of Peace developing. Being sensitive towards the others position and perspective, somewhat emphasizing with one another, avoiding miscommunication and misperception among the people. The conflicts of national as well as international conflicts are to be reduced. For example, it often happens that, many people were killed due to violent armed conflicts in Malaysia, by the terrorist's attack (Hayes, 2008). The easy way to avoid the conflicts of Malaysia is to know the causes of the conflicts first, and, it also required of complex strategies. To solve the economic crisis of Malaysia, consumer goods are to be increased in higher costs. Certain arguments among the society of Malaysian people arise, regarding decision-making processes of various kinds of rules and ideas. The conflict related to power, organizational demands, various theories like traditional theories, and modern theories. The conflict situations often arise due to the arguments of changing new ideas based on generation (Krista, 2016). People must compete, collaborate, compromise, avoid and accommodate. Competing has high concern for personal goals and low concern for the citizens. Collaborating is the search for a mutually satisfactory solution, which is involved in high cooperation and low disagreement. In order to avoid the conflicts in mind, the conflict situation will solve the problem itself. Accommodating is involved with cooperation and low confrontation which acts as a common search ground. The go al incompatibility, goals to achievement competition for using the limited amount of resources, interpersonal difference, project priorities, the other causes related to research activities are the causes of conflicts, which if controlled, then the conflicts will never arise. People of Malaysia have a typical conflict about religious values that is of enforcing ones certain religious cultures into others. There are certain political issues which leads to the conflicts between the people in Malaysia, as well as throughout the world, which if ignored, it would be better. The bias decisions need to be overcome, people should understand, regarding the right and wrong decisions (Rahim, 2016). Moreover, identification of the entire matter related to any conflicts is very important and it needs to be done in an effective manner. There are three types of biases such as- biased fairness, biased escalation, and bias of perception which needs to be evaluated as to enhance the effectiveness thr oughout Malaysian culture, it becomes imperative for people to respect the desire sets of values and culture, of people coming from various religions. In general opinion, it becomes crucial for the Malaysian people to develop a common goal by which every Malaysian can contribute towards the development of a happy, united and a peaceful society. The development of an intellectual and creative society will help in providing several opportunities for bringing best creative talents in order to lead meaningful as well as positive lives. Reducing the conflicts that arise because of several reasons, it supposed to be vital for the expansion and growth of a peaceful society (Ron Fisher, 2016). One of the most significant causes of conflicts is of believing on different sets of values from own personal view. The development of a common goal including positive experiences of the society will help in increasing the effectiveness throughout the Malaysian cultures (Sida, 2016). Instead of believing on one particular set of values, people needs to understand the importance and development of a moral culture throughout Malaysia (Turkalj, and Fosi ?, 2016). For example, most of the Buddhists have a view about hell as a metaphor, a journey into the evil inside the self, whereas the descriptions of torturing monsters and levels of hell are sometimes explicit. In the same way, Muslims and Christians see it as area place, full of fire and the suffering of the people who does not have a faith in this. Conclusion Generally, a value conflict occurs when a specific value is accepted by a society but not granted by a particular group which is present within that society. This type of conflict is not resolve easily because the differences are based on the individual beliefs not based on the fact. For changing an individuals opinion convincing and logical arguments are needed but at the time of changing the values this convincing and logical arguments are not so effective. According to this research paper, it can be concluded that by resolving the issues which are related to the conflicts of values in the Malaysian society the individual can lead a better life and also help their society and nation to develop rapidly. Every society should follow the trend of modernization for the growth and development of their society. References ATRAN, S. (2016).Sacred Values and Cultural Conflict. [online] https://sites.lsa.umich.edu/satran/wp-content/uploads/sites/330/2015/10/michelejgelfand_ch06_copy_2.pdf. Available at: https://sites.lsa.umich.edu/satran/wp-content/uploads/sites/330/2015/10/michelejgelfand_ch06_copy_2.pdf [Accessed 12 Nov. 2016]. Bercovitch, J. (2016). [online] Available at: https://CONFLICT AND CONFLICT MANAGEMENT IN ORGANIZATIONS: A FRAMEWORK FOR ANALYSIS [Accessed 12 Nov. 2016]. Carla J, S. (2016).When values conflict. [online] Available at: https://www.columbia.edu/cu/libraries/inside/units/bibcontrol/osmc/values.pdf [Accessed 12 Nov. 2016]. Coy, P. (2013).Research in social movements, conflicts and change. 1st ed. Bingley, U.K.: Emerald. Dora, M. (2016).Issues and Factors of Problematic Families in Malaysia. [online] https://www.ijhssnet.com/journals/Vol._1_No._4;_April_2011/20.pdf. Available at: https://www.ijhssnet.com/journals/Vol._1_No._4;_April_2011/20.pdf [Accessed 12 Nov. 2016]. Elliott,, G. (2016).When Values and Ethics Conflict: The Counselors Role and Responsibility. https://files.eric.ed.gov/fulltext/EJ954289.pdf. GAINOUS, J. (2016).Core Values, Value Conflict, and Citizens Ambivalence about Gay Rights. [online] Available at: https://users.clas.ufl.edu/sccraig/readings/prq05_copy.pdf [Accessed 12 Nov. 2016]. Haneef, M. (2016).Values and Their Relationship to Social Problems in Malaysia: An Islamic Framework. [online] https://i-epistemology.net/v1/attachments/689_Ajiss19-3%20-%20Haneef%20et%20al%20-%20Values%20and%20their%20Relationship%20to%20Social%20Problems%20in%20Malaysia.pdf. Available at: https://i-epistemology.net/v1/attachments/689_Ajiss19-3%20-%20Haneef%20et%20al%20-%20Values%20and%20their%20Relationship%20to%20Social%20Problems%20in%20Malaysia.pdf [Accessed 12 Nov. 2016]. Hatta, Z. (2016).School social work in Malaysia: Challenges and Prospects. [online] Available at: https://eprints.usm.my/20675/1/SCHOOL_SOCIAL_WORK_IN_MALAYSIA.CHALLENGES_AND_PROSPECTS.pdf [Accessed 12 Nov. 2016]. Hisham, N., Kamaruddin, Z. and Nordin, S. (2016).Social Problems and its Relationship with Family Institution in Felda Settlements: the Local Perspective. [online] https://9m2ar.com/felda.pdf. Available at: https://9m2ar.com/felda.pdf [Accessed 12 Nov. 2016]. KINNANDER, M. (2016).Conflict Management. [online] Available at: https://publications.lib.chalmers.se/records/fulltext/147975.pdf [Accessed 12 Nov. 2016]. Kohlrieser, G. (2016).SIX ESSENTIAL SKILLS FOR MANAGING CONFLICT. [online] Available at: https://www.imd.org/research/publications/upload/PFM149_LR_Kohlrieser.pdf [Accessed 12 Nov. 2016]. Rahim, A. (2016).Managing Conflict in Organizations. [online] https://www.untag-smd.ac.id/files/Perpustakaan_Digital_1/CONFLICT%20MANAGEMENT%20Managing%20conflict%20in%20organizations.pdf. Available at: https://Managing Conflict in Organizations [Accessed 12 Nov. 2016]. Ron Fisher,, R. (2016).Sources of Conflict and Methods of Conflict Resolution. 1st ed. International Peace and Conflict Resolution School of International Service The American University c. 1977, pp.Rev. 1985, 2000. Sida, (2016).Manual for Confl ict Analysis. [online] Available at: https://www.sida.se/contentassets/34a89d3e7cbf497ea58bc24fea7223c5/manual-for-conflict-analysis_1695.pdf [Accessed 12 Nov. 2016]. Turkalj,, Ã… ½. and Fosi?,, I. (2016).CONFLICT MANAGMENT IN ORGANIZATION. [online] Available at: https://ftp://ftp.repec.org/opt/ReDIF/RePEc/osi/journl/PDF/InterdisciplinaryManagementResearchIV/IMR4a28.pdf [Accessed 12 Nov. 2016]. Vijay K. Verma, V. (2016).CONFLICT MANAGEMENT. 1st ed. The Project Management Institute Project Management Handbook, Ed: Jeffrey Pinto. 1998 isbn 0-7879-4013-5, pp.The Project Management Institute Project Management Handbook, Ed: Jeffrey Pinto. 1998 isbn 0-7879-4013-5. Wan Hus, W. (2016).Cultural Clash between the Malays and Chinese in Malaysia: An Analysis on the Formation and Implementation of National Cultural Policy. [online] https://www.ipedr.com/vol34/001-ICHHS2012-H00001. Available at: https://www.ipedr.com/vol34/001-ICHHS2012-H00001.pdf [Accessed 12 Nov. 2016]. Wan-Ibrahim, W. (2016).Social Welfare Issues of Older Population in Malaysia. [online] Available at: https://idosi.org/wasj/wasj30(7)14/14.pdf [Accessed 12 Nov. 2016]. Hayes, J. (2008). WORKPLACE CONFLICT AND HOW BUSINESSES CAN HARNESS IT TO THRIVE. Retrieved 12 November 2016, from https://www.cpp.com/pdfs/CPP_Global_Human_Capital_Report_Workplace_Conflict.pdf

1990 Turing Award Essays - Multics, Compatible Time-Sharing System

1990 Turing Award Essays - Multics, Compatible Time-Sharing System 1990 Turing Award According to the Association for Computing Machinery, (ACM) the A.M. Turing Award is the most prestigious technical award with a prize of $250,000. The Turing Award is given to a member or members of the computing community that has contributed a major technical importance to the computer field. ("ACM's Turing Award.") The Turing Award has been named the ?highest distinction in Computer science? and the ?Nobel Prize of computing?. This award contributes to the ACM?s mission ?to advance computing as a science and a profession?. (Geringer) The Turing Award is named after Alan Mathison Turing, a British mathematician, who is ?credited for being the Father of theoretical computer science and artificial intelligence?. (Homer) The first award was given out in 1966 and the Association for Computing Machinery has been giving them out every year since. In 1990, Fernando Jos? "Corby" Corbat? received the Turing Award for his work in ?organizing the concepts and leading the development of the general-purpose, large-scale, time-sharing and resource-sharing computer systems?. Corbat? was born on July 1, 1926 in Oakland, California. He received his bachelor?s degree from the California Institute of Technology in 1950, and then went on to receive his Ph.D. in physics from the Massachusetts Institute of Technology in 1956. After getting his Ph.D., he joined MIT?s Computation Center and soon was appointed Associate Professor in 1962. In 1965, he got promoted to a Professor and then during 1974 to 1993 he was Associate Department Head for Computer Science and Engineering. (Conte) Corbats work with time-sharing computer systems started in November 1961, at the MIT Computation Center, when ?an early version of the Compatible Time-Sharing System (CTSS) was first demonstrated?. (Csail) Timesharing, driven by the need to increase interactivity between user and computer and ease-of-use of the computer, allows a large number of users to interact with the computer simultaneously. It involves connecting various numbers of consoles to a single, central computer. Each console is allotted a time-slice of the central computer?s time, as the central computer delegates its time by switching between the user?s applications and problems and ?it appears to the user that s/he has complete access to the central computer.? (1963 Timesharing: A Solution to Computer Bottlenecks)The Compatible Time-Sharing System in the IBM 7094 digital computer timesharing operating system was used as the programming and debugging tool. (Vleck) In 1964, Corbats new knowledge of multiple access systems blossomed into the creation of a new system called Multics (Multiplexed Information and Computing Service). This new system also supported an online reconfiguration, which allowed central processing units, memory banks, and disk drives can be added or removed while the system was still operating. Multics was one of the earliest multiprocessor systems because it supported multiple CPUs. In addition, it was the first major operating system to have a secure system from the outset, which lead to more secure systems and prefigured modern security engineering techniques. Multics was the first operating system to provide a hierarchical file system, which means that files could have multiple names and links between directories were supported. In 1973, Multics became the ?basis of a commercial system? that Honeywell Information Systems, Incorporated offered. (Conte) The computer advances that Corbat? has contributed to the world have been very impactful. CTSS was very influential because it showed that time-sharing was viable because it provided means of multi-tasking and multiprogramming, which is still significant and crucial for today?s computers. This provided new applications and programs to be created and used because computers were no longer single-use machines. A semi-recent creation that has brought back the concept of time-sharing is the Internet, where corporate server farms can host millions of customers that all share common resources. (Csail) CTSS also had one of the first inter-user message implementations. This pre-aged electronic mail and e-mail is one of the most common ways of communication in these present times. (Homer) In addition, Multics was the first powerful multi-processor computing machine, which set the groundwork for all of the multi-processing machines that are so popular today. Multics directly inspired AT&T to de velop Unix, another multitasking and multi-user computer operating system. Unix?s direct descendants are still used today in operating systems like Linux and these descendants were

Statement of financial problem Essays

Statement of financial problem Essays Statement of financial problem Essay Statement of financial problem Essay I am using the Indirect Statement of Cash Flows method to analyze the Butler Lumber case. When a company seems profitable but is in serious need of a cash infusion, often the problem stems from poor cash flow. Calculating the cash flow coming in and going out will explain Where did our money come from? and Where did our money go? Likely, it will discover how a companys cash was generated during the period and how that cash was used-or misused. A statement of cash flows provides details as to how the cash account changed during a period. It also helps to understand how events and decisions impacted cash flow during each period. A statement of cash flows provides important information from a cash-basis perspective and complements the income statement and balance sheet, and provides a more complete picture of a companys operations and financial position. The Indirect Statement of Cash Flows method begins with net income and then details the adjustments made to ar rive at cash flows from operations. III. Application of Financial Framework. Indirect Statement of Cash Flows Butler Lumber 1989 through 1st Quarter 1991 Operating Activities for 1989 1990 1st Qrt 1991 Net Income $34,000 $44,000 $9,000 Add: Increase in Accounts Payable $68,000 $64,000 Less: Increase in Accounts Receivable ($51,000) ($95,000) ($28,000) Increase in Inventory ($56,000) ($93,000) ($138,000) Decrease in Accounts Payable ($13,000) Cash flow from operations ($5,000) ($80,000) ($170,000) Because a statement of cash flows provides details as to how the cash account changed during a period, the period of 1988 for Butler Lumber becomes an initial starting point from which we can begin a comparison. Because of the shift from partnership to a corporate form of organization, I dont have figures from 87 and cannot accurately reflect changes from 87 to 88. Changes from 88 to 89 begin the cash flow comparison in the chart above. In the chart above, I have listed each relevant area where cash flow may be a major concern. There appears to be a growing tendency by Butler Lumber to end each period with a negative cash flow. It also appears that this tendency to end each period with a negative cash flow is growing at an alarming rate. As we can see, from 1989 to 1990, the negative cash flow worsened from $5,000 to $80,000-a whopping 1600% increase. Then, the period from the end of 1990 to only the end of the first quarter of 1991, the negative cash flow more than doubled again! IV. Mitigating Circumstances and Assumptions: By examining the statement of cash flows, we discover a major concern in three areas: (1) Inventory, (2) accounts receivable, and (3) accounts payable. All three are moving in a negative, undesirable direction; but inventory is escalating at a greater overall rate and seems to be out of control by the end of the first quarter of 1991. The greatest contributing factor causing Butler Lumbers debt and cash-shortage problem is that they are purchasing much more inventory than they are using. Having too much cash invested in their inventory is their main problem but they have some offshoot problems that tend to be growing out of their inventory problem: 1. One way that companies fund a cash-shortage problem is to keep their accounts payable high. This is an easy way to borrow short-term money, but when a company is slow to pay its bills and owes a significant amount of money, they potentially damage their credit and their business relationships with their suppliers. 2. Without adequate cash, Butler cant pay their accounts within the 30-day term allowed by vendors and this further adds cash-shortage pressures because they then must incur additional finance charges. 3. Because they are cash poor, they cant take advantage of the discounts available for payments made within 10 days of purchase. The extra discounts would help increase their cash flow and their income. V. Conclusion and Recommendation: Butler Lumber has the potential to be a profitable and successful company. The level of growth theyve been experiencing may be new territory for them and the less than perfect way theyve dealt with it might explain why there has been a huge increase in inventory. Thus far, Mr. Butler has not demonstrated a savvy business acumen for adjusting to the significant growth. I have identified the following conclusions and recommendations: 1. Northrop National Bank should help Butler by making a loan under certain prescribed conditions: (a) A loan would help to ensure an influx to Butlers cash flow position, but conditional provisions requiring Butler to be proactive in accomplishing recommended goals and deadlines would be in order; (b) The loan amount of $465,000 is probably too high. The loan amount should be established to help Butler reduce inventories and increase cash flow, but not be so large as to entice Butler to ignore the ensuing problem. Forecasted analysis would still be required; (c) Even though Butler may resist, it would not be unreasonable for Northrop to require collateral, such as property; 2. Butler should significantly reduce inventory and implement better control. (a) One of the conditions of the loan should require Butler to propose a new system and implement a plan that would make better use of their inventory. They need to analyze their inventory turnover ratios and compare them with and keep them in line with industry averages to ensure the numbers are not unreasonable or unachievable. (b) An alternative approach to reducing inventory might include hiring sales personnel who would help convert inventory into profitable sales. 3. Butler should be more aggressive in collecting their accounts receivable. This would provide more cash and, in turn, help Butler to take advantage of available discounts from their vendors. This too would further increase their cash flow and reduce the need to borrow unreasonable amounts of money. 4. Mark Butler should retain less in personal salaries and other perquisites. This would demonstrate to Northrop National that he is personally making serious attempts to increase cash flow, get out of debt, and gain control of other emerging problems. Besides, personal taxes on his income is at a fairly high rate when it rises above $50,000. This is another area where he could increase cash flow while showing that he is truly doing whatever it takes to fix the problems facing Butler Lumber.

Arm Crank Ergometry Assignment Example | Topics and Well Written Essays - 2000 words

Arm Crank Ergometry - Assignment Example Previous studies have considered issues linked to exercise efficiency. This line of enquiry provides important information associated with the relationship between the energy required to achieve a given amount of external work. In the context of a competitive athlete or a patient in a clinical setting, exercise efficiency provides a useful insight into functional capacity. When presented in either gross or net terms, exercise efficiency has been shown to increase in line with workload during both cycling and ACE. Several studies have also demonstrated there to be a clear interaction between crank rate and workload with respect to oxygen consumption during cycling and ACE. Additionally, previous studies have considered exercise efficiency in a number of different ways, including the calculation of gross, net, and delta values. Powers et al. (1984) showed that VO2 during ACE increased in line with crank rate. At workloads of 15 and 30W, VO2 was lower and exercise efficiency was higher, using crank rate of 50 and 70 rev.min-1 compared to 90 rev.min-1. Furthermore, when the workloads were increased to 45 and 60W, exercise efficiency remained higher using 50 compared to 90 rev.min-1. ... Furthermore Smith et al. showed that while variations in crank rate (50, 70 and 90 rev.min-1) influenced measures of exercise efficiency a relatively low workloads (30 to 70w) during ACE, these discrepancies did not exist at 90w. These data are interesting as they question the previously reported interaction between crank rate, workload and exercise efficiency. The purpose of this practical will be to further investigate 1) if exercise efficiency parameters change in line with variations in crank rate and 2) to determine whether or mechanical efficiency varies according to the external workload being achieved. In these respects, values of gross, net and work efficiency will be considered. RESULTS. The results of the experiment are summarised in the table 1 in the Annex. You can see that the index FE02 (fractional concentration of oxygen in expired air) was varied in the range between 16.2 and 18.5 ml O2/kg/min (range is 2.3 ml O2/kg/min). Consequently the mean of 35 measurements was equal to 17.1 and its standard error is 0.09. The variance of FE02 gross value was 0.34 and standard deviation - 0.56. The distribution of the sample was asymmetric and not normal (skewness is 0.72 and kurtosis 0.29). The values of median, lower and upper quartile were equal to 17.0, 16.7 and 17.4 correspondingly. The mean value of FECO2 (fractional concentration of CO2-exhaled) was equal to 3.660.08 while the variance and standard deviation was 0.24 and 0.49 respectively. The median of the index was 3.73 and the first (lowest) and third (upper) quartiles were equal to 3.45 and 3.98 while the minimum and maximum were 2.52 and 4.44 (range is 1.92 ml CO2/kg/min). The skewness and kurtosis were not equal to zero thus the distribution was not symmetric. The data

Loyalty Programmes in Hotels Essay Example | Topics and Well Written Essays - 19000 words

Loyalty Programmes in Hotels - Essay Example This research attempts to achieve an insight into the value of loyalty programmes to businesses and more specifically examine the value of loyalty programmes to hotels. Review of secondary data is applied to understand the value of loyalty programmes to businesses while a survey among hotels is conducted to examine its value to the hotels. Loyalty Programmes are defined as â€Å"schemes offering delayed, accumulating economic benefits to consumers who buy the brand†. Satisfaction does not equal loyalty. A customer can be very satisfied with the product, but still be not loyal towards it. In order to encourage loyalty, firms develop loyalty programs. Typically, in a Loyalty Program, customers accumulate assets, points or rewards by accumulating their purchases from a local firm which is either exchanged for goods or the services, though not always associated with the firm. This generally adopts the system of points wherein the points can be exchanged for a variety of benefits s uch as free flyer points, gifts, trips, etc. â€Å"Airline frequent-flier programs have been a prototype for many of the schemes†. Such schemes are based on the concept of repeat purchase, and in most businesses today, a large part of sales results from repeat purchase. This fact is being increasingly recognized by enterprises that are implementing loyalty programmes to encourage such purchase pattern.  ... The literature in general helped in understanding various factors and concepts associated with loyalty programme and then those had to be applied to the hotel industry for the research. 34 3.4 Research Approach 36 3.5 Research Strategy 38 3.6 Sample selection 41 3.6.1 Administering the questionnaire 41 3.6.2 Analyzing the responses 43 3.7 Time Horizon 43 3.9.1 Reliability 47 3.9.2 Validity 48 Limitations 49 50 Ethical Considerations 50 4. Analysis and Discussion of Findings 51 4.1 Hotels' definition of loyal customers 52 4.2 Reason for launching loyalty programme 53 4.3 Target segment and benefits offered 55 4.4 Designing loyalty program for corporate segment 58 4.5 Loyalty programmes that attract maximum guests and justify expenses 59 4.6 Objective of loyalty programs 61 4.7 Managing loyalty programme 63 4.8 Delivery mechanism 64 4.9 Involving staff 65 4.10 Assessing the success of loyalty programme 66 4.11 Failure of loyalty programme 70 5. Recommendations 72 Introduction Brief overview and background This research attempts to achieve an insight into the value of loyalty programmes to businesses and more specifically examine the value of loyalty programmes to hotels. Review of secondary data is applied to understand the value of loyalty programmes to businesses while a survey among hotels is conducted to examine its value to the hotels. Loyalty Programmes are defined as "schemes offering delayed, accumulating economic benefits to consumers who buy the brand". Satisfaction does not equal loyalty. A customer can be very satisfied with the product, but still be not loyal towards it (Charles and Lamb, 2008).In order to encourage loyalty, firms

Emotional intelligence and its role in leading, performance and Essay

Emotional intelligence and its role in leading, performance and wellbeing 2211 - Essay Example Intelligence, of any kind cannot be measured; however it can be assessed by asking different questions. Similarly in the case of EI as well, the most feasible way of measuring an individual’s emotional understanding capabilities is by asking different questions. Psychologists are often seen to follow this technique to understand and map the emotions of patients and understand exactly what kind of emotional problems they are undergoing. Different parameters are set and the responses provided by individuals are compared against the responses provided. It is then estimated whether the emotional intelligence quotient of individuals are high or low. Individuals must themselves be able to understand their emotions well so that they can accurately recognize the emotions of others (Schutte, et al., 1998). According to the studies conducted by Salovey and Mayer, emotional intelligence can be described as the sophisticated mental process whereby information regarding one’s own and others emotions are understood and meanings are derived. Emotional intelligence helps perceiving the feelings and thoughts of others and accordingly adapt with the people around. Understanding the emotions of others plays a significant role in the manner we behave and respond to them (Mayer, Caruso and Salovey, 1999). The ability model of emotional intelligence was proposed by Salovey and Mayer. They had developed an EI model describing the development of emotional intelligence from childhood to adulthood. The model is based on four branches. These are described as follows: Perception- Emotional intelligence requires an individual to perceive the emotions present in themselves and in others in a highly accurate way. Identification of emotions is seen to enhance and positively benefit the behavioural conduct of an individual. Perception involves understanding the body language, facial expressions, tone and manner of speaking so that adequate