Book Value, Liquidation Value and Market Value of Shares Essay

Book value: The book value of ordinary share is the net worth of a corporation less the par value of preference shares outstanding divided by the number of ordinary shares outstanding. Suppose the net worth of a company contains the following information viz; Preference shares (Rs. 100 per share): 1000000. 00 Ordinary share (Rs. 5 per share): 1500000. 00 Share premium: 1000000. 00 Retained earnings: 500000. 00 4000000. 00 Book value of ordinary share: 300000/30000 = 10 per share Theoretically, the book value of a share should correspond to the liquidating value of the company; however, in reality this situation never occurs. Only if the assets of a company can be liquidated for the book values shown on the financial statements, then book value per share is equal to the liquidating value per share. Even, then if liquidating costs are high, the liquidating value per share will be less than book value per share. For many companies, the liquidating value per share is less than book value per share because many of the assets can be liquidated only at reduced prices. However, some companies carry certain assets –notably, land mineral rights – at modest values on their books relative to the market value of the asset. For these companies, the liquidating value per share may be significantly higher than the book value. Sometimes, investors calculate the net working capital per share in order to obtain a more conservative estimate of the possible liquidating value of a company. Market value: The market value per share is the current price at which the stock is traded. For listed companies and the shares of a company which are actively traded in the stock markets, market price quotations are readily available. However, the market for the shares of many companies is thin and inactive, so that market price information about its shares is difficult to obtain. Even when obtainable, the information may reflect only the sale of a few shares and not specify the market value of the firms as a whole. For companies of this sort, care must be taken in interpreting market price information. The market value of ordinary share usually differs considerably from its book value and its liquidating value. Market value is a function of the current and expected future dividends of the company and the perceived risk of the shares on the part of investors. Because these factors bear only a partial relationship to the book value and the liquidating value of the company, the market value per share is not tied closely to these values.

My Dream Job Essay

Art is for anybody. I want to be an art teacher because I believe that I can influence children to create their own piece of amazing art work. When I was in pre-school, I had this amazing teacher who inspired me to do anything I wanted to. Her name is Ms. Linda and she inspired me to become an art teacher when I am older. Now don’t get me wrong, I have had plenty other amazing teachers, but I think she was the one who told me to fly. In conjunction with this, being a very creative person I can create beautiful art and as a teacher I would love to be involved in challenging and inspiring new ideas in children; making them aware of their own thoughts or feelings. I have finally decided that my dream job is to become a pre-k or kindergarten art teacher because I love to work with kids and creativity is my sixth sense. Being an art teacher does not only sound like fun, I can actually see myself doing a mural on a school wall somewhere in the future. As an art teacher, I would have to be filled with ideas on how to make everyday things seem awesome and inspirational. To start my dream job, I already know I have to get some kind of degree in childhood education. I am currently taking high school, so when I finish in four years I will be most likely going to college. Working as an art teacher, I would be understanding the social, economic, and cultural factors that influence any project I do in class. Students will have to understand the true meaning of one of the works of art that is presented in class, but given that fact that my pupils will be so young, I think the art will be taught more on symbolism. The average salary amount for an art teacher is $11 dollars an hour, more or less depending on how much education you have had. Communicating well is obviously a good characteristic in being a teacher, to students and to teachers as well. Becoming an art teacher will require a 4 year collage degree, or bachelor’s degree in public school teaching. She may work in a private school setting or for the local public school. Preschool teachers may work with children in a one-on-one basis or with an entire class. They may work full-time or part-time depending on the school’s schedule and her own desires. It is also very helpful to learn a foreign language. Children in many districts, especially in California, may know English as a second language. They may not have any fluency at all in English. Knowledge of another language will give you a step up in the hiring process, and may be proven useful for when parents are the ones who don’t understand English. This will also help enhance the ability to communicate with young students. The process on becoming a pre k or kindergartner art teacher is process not many steps long but requires lots of training and preparing. Working with kids is great, working with kids on a daily bases crating magnificent pieces of art is probably the best for me.

Cash flow analysis

The company's cash flows from operating activities were inadequate to cover depreciation and dividend payments from FYI to IFFY. This indicates that HEAD Banks cash flow engine is not generating enough cash to keep the company whole for those three years. However, the company generated excess cash in IFFY, which was used for growth and investment purposes. Thus, the cash flow engine is not very powerful. However, it is showing signs of recovery in the recent years. Pinpointing the Good News and the Bad News The capital expenditure shows an increasing trend and is around 1 . Xx of appreciation.In addition, it made significant investment in subsidiaries and Joint-ventures, which is another growth indicators. However, these indicators have not remained consistent throughout. Such investments were only made in FYI 1 and IFFY. HEAD Bank has consistently borrowed from other banks in the form of term deposits and demand deposits to pay dividends and for capital expenditure. This can be cons idered as a bad news because it doesn't have sufficient cash flow from operating activities. Puzzle Since the company is operating in the Banking and Finance Industry, Reserve Bank ofIndia norms mandate that the company hold a large proportion of cash along with significant deposits with the RIB (CAR and SSL norms) in order to maintain liquidity. The cash and bank balances held by the company has ranged from xx to xx of their net income. Earlier, we identified a few unusual line items, which are explained as under: In IFFY, RIB increased policy rates by 1 . 75% and Rib's borrowings against SSL increased by almost 270%. After adjusting for this, cash flow from operating activities shows a positive figure in IFFY.In the cash flow from operating activities, the cash used in distributing loans & advances as well as making investments (operating activity since it is a bank) exceed the cash generated from increase in deposits. This has resulted in a negative cash flow from operating activ ities in 3 out of 5 years. This requires the company to seek outside sources for funding such as financial borrowings from other banks and financial institutions. This may not necessarily be a negative sign if the returns from operating activities exceed the net borrowing costs and hence reaping the benefits of leverage. Housing Development Finance Corporation

Theory of Constraints Research Paper Example | Topics and Well Written Essays - 750 words - 1

Theory of Constraints - Research Paper Example Once the organization defines its goals and there is agreement on how to evaluate the achievements toward the identified goals, it possible to apply the TOC’s five focusing steps. From the case scenario, the primary goal of the HMC is to develop a lean production system that considers the expenditure for any purpose other than value creation for the end customer is wasteful. The TOC’ five focusing steps are applied to the HMC’s supply chain below. Identify the constraint: Even though HMC generates majority of its sales from the assembly area, the assembly side of the company is not very efficient currently. Another constraint to the HMC’s supply chain is that it does not have adequate space capabilities to maintain its large scale assembly operations. In addition, the company has never modified its initial layout since its establishment and this issue causes a series of ongoing production inefficiencies. Exploit the constraint: In this phase, the organizat ion has to cut down its inventory volume to the targeted level. Evidently, this practice would assist the organization to improve space utilization in the plant. Subordinate to the constraint: In order to improve the production cycle time, the firm has to replace its weaker labors with highly developed technologies. In addition, the HMC may make some special arrangements with its suppliers to reduce its expediting and obsolescence costs. Furthermore, the organization has to identify and eliminate any supply chain activity that does not create value for the end customer. Elevate the constraint: It is better for the organization to develop its plant capacity so that it can bear more assembly operations efficiently. Identify the new constraint: Once the HMC finished the above steps, the management has to watch for new constraints developed. 2. Theory of constraints in logistics The process of logistics is of vital importance in a lean production system because a lean system is specific ally concerned with elimination of wastes (Lean logistic understanding). Logistics can be simply referred to the management of resource flow between the point of origin and point of distribution. The TOC is very helpful to detect any constraint that affects the effective flow of resources. Timely identification of constraints in resource flow would aid the firm to remain competitive in the automotive industry. In case of HMC, constraints in logistics create some other potential operational challenges for the organization. The TOC can be applied to logistics to timely identify some other needs in supply chain management. For instance, lack of plant layout upgradation is a potential constraint that reduces the efficiency of logistic management. By applying the TOC, it is possible to identify such plant modification needs and thereby keep the plant unaffected of production inefficiencies. In addition, the TOC would assist the logistics management to improve the organization’s pr oduction cycle time through identifying inefficient labors and malfunctioning machineries. The organization can compare current logistics activities with those of previous years with the help of TOC. This practice would benefit the organization to clearly identify areas of improvement and enhance its market share growth. Lucent Technologies Lucent Technologies is a US based multinational telecommunications corporation that has applied the TOC to its supply chain. Like other

Global warming Essay Example | Topics and Well Written Essays - 250 words - 8

Global warming - Essay Example People have changed the land use that has increased the emission of greenhouse gases. For instance, deforestation has led to increased emission of carbon dioxide in the atmosphere that was previously stored in vegetation. Kuwait is located on the Arabian Gulf; the country is made up the mostly flat desert. The climate of Kuwait can be severe, with temperatures that are freezing and scalding. The increased temperatures in Kuwait are as a result of increased industrialization and urbanization. However, some researchers have said that the raised temperatures are not as a result of the industrialization. Kuwait has numerous environmental issues that are severely affecting its biophysical ecosystem, as well as the human health. The rapid industrialization and the careless environmental oversight have resulted in these issues. One of the major issues is the desertification that has remained a serious problem. The government of Kuwait are taking measures to address this problem through restoring the desert lands to forests. Another major issue affecting Kuwait is the increased pollution. The different forms of pollution have increased with growth in industrialization. The government is taking precautions to ensure that this issue does not go beyond the limit. Therefore, the government is setting up the pollutant treatment infrastructure that is adequately addressing this

Entrepreneurship Essay Example | Topics and Well Written Essays - 3750 words

Entrepreneurship - Essay Example 130). In order to successfully develop a new venture, and to keep an existing one going on, there is a requirement to identify viable opportunities. For finding such opportunities a person has to go out of the way in his search and completely focus on a particular market to understand its needs and then meet them. This process of searching for something in the market has to be persistent and consistent. The market needs change continuously and yesterday’s opportunities can be lost. Competition is everywhere; businesses develop to meet the needs of the market and provide new and/or better products which are more in terns with the demand of the market. We cannot prevent this change; it is inevitable and it threatens the existing businesses. If the businesses are not active and are unable to continuously keep up with the new and emerging needs of the market will always fail at one point or the other and this is not the sign of a successful business. This is what the difference is between an entrepreneurship and a business – an entrepreneurship does not fail and keeps coming up with novel ideas to keep up with competition. An entrepreneur is the mastermind behind such a successful business. It is the efforts of an entrepreneur, his creative thinking and his ability to capture every opportunity and make it a success that makes a business an entrepreneurship. Although the market needs keep changing continuously some businesses consider this a pain in the neck and it is difficult for them to keep up with the demand changes. Some others take this as an opportunity and thinking creatively, grab the situation and profit out of it. That is an entrepreneur. The difference between a businessman and an entrepreneur is that the latter finds out the opportunities available and cashes them out. The process of entrepreneurship involves recognising opportunities, gathering the resources and considering the risks while going after profits. In an entrepreneurship oppo rtunities are perceived in places where others would find risks and threats; change is sought and found where everything still seems the same; an under-served market is identified where their needs are not being met completely, while others find only satisfied customers. In order to seize such opportunities a businessman needs to have a deep insight into the market matters. He needs to be able to think creatively and make decisions taking into consideration the pros and cons of the opportunities. He needs to be able to take risks in order to delve into any opportunity. He needs to understand that risks are inevitable and either one can sit in his own bubble and avoid every opportunity wherein he does not see profits, or he can step forward, take risks and make a name. It can be said that successful entrepreneurs have certain traits that do not exist in other common businessmen. These traits are what set them apart from others. The most important being the ability and willingness to take risks, as without that a business cannot expand. They have to have this courage. However, it is difficult to enumerate all such characteristics as it is not necessary that one successful entrepreneur has everything in common with another. Besides, the traits may also vary between the different

Holistic Nursing Research Paper Example | Topics and Well Written Essays - 1500 words

Holistic Nursing - Research Paper Example The term complementary is preferred because it conveys the idea that these therapies are used together with, rather than as a replacement for biomedical treatment. On the other hand, the term alternative conveys the thought of a therapy being used in place of a biomedical treatment. Finding a good definition for complementary therapies has been an uphill task. Several definitions have been proposed. The complementary therapy is a broad area of medicine that is made up of health systems, practices and modalities plus their accompanying beliefs. In the definition, the term complementary medicine is used n place of complementary therapies. However, the word â€Å"medicine† can be changed to â€Å"therapies†. There are more than 1700 identified complementary therapies. Classifying these therapies is as daunting as coming up with their definition. This is because the therapies vary and they encompass indigenous cultural practices that are vastly unknown in the western world. Additional challenges come up because the mechanisms of action for many complementary therapies are not known (Lange & Zahourek & Mariano 2013). NCCAM has suggested the following groups for complementary therapy: biological based therapies, mind-body therapies, manipulative and body-based therapies and energy therapies. NCCAM has noted that a complementary therapy is no longer classified as a complementary therapy once it becomes an accepted treatment for specific conditions (NCCAM, 2005). The boundaries between complementary therapy and the dominant health care systems keep changing. As a result, what may be considered as complementary at a point in time can be recognized as part of the mainstream healthcare later on . Complementary and alternative therapies are healthcare topics that have instigated discussion and debate in a large way. Many people in the US have shown considerable interest in these topics. This is evident

Critically examine the added value the HR dept has made to improved Essay

Critically examine the added value the HR dept has made to improved company performance - Essay Example Having segregated itself from the Sears group in, 1998, the Selfridges group started out with an investment of 100 million pounds. This was diverted towards the opening of its second store in Trafford Park. This mall houses 280 stores and enjoys a wide clientele from various parts of Europe and the rest of the world. (Hutchison et al, 2003) The human resource role and organisational turnaround have been discussed in this paper from the point of view of the premise of competitive advantage as follows: The world of commerce in this era is one where there is an amalgamation of a global market place as well as the theories of competitive advantage with the strong backing of innovation. (Green, 2002) Any marketer or producer in this modern market place needs to adhere to these practices and theories in order to gain any measure of success, whether small or big. In this regard, the role of the HR element in Selfridges plays on its overall brand equity and effective goal achievement program. (Park, 1994) Before delving any deeper into the paper, let us fist consider the elements of the modern world of commerce. The world has shrunk to accommodate the limitations of the geographical demarcations and expanded to transgress the same by reaching out to people from all corners of the world. (Tirole, 1990) This has triggered a phenomenon called the global village concept, which is basically depend on the information technology, communication and a unified mode of business and commerce. Thriving in this global scheme of things indicates an affiliation with keeping abreast of what is going on in every corner of the world and adapting oneself to make profits accordingly. (Hutchison et al, 2003) This is owing to the fact that a manufacturer can now see his name in the most unexpected of places and in order to get there, he needs to be able to keep with the latest and improvise on the same to create

Application report 2 Essay Example | Topics and Well Written Essays - 500 words

Application report 2 - Essay Example The rise in federal interest rate causes general increase in the cost of capital. This leads to the increase in the cost of manufacturing and services. The present value of annuity such as pension will decrease because the value of dollar or purchasing power of dollar will fall. However, with the rise in interest cost the higher interest rate of 6% will reduce the present value of annuity to 40,000/1.06= $37,735. The person has lost $360 due to rise in the cost of living. Vice versa is also true. Further, the future value of the money invested will rise along with the rise in interest cost. The significance of above calculation is that total annuity though received is $5000 yet actual worth is $4329 only. The worth will further be reduced if interest rate is still high, say, 7 %. The quick calculation can be done with the same equation. Firms calculate weighted average cost of capital that depends upon the cost of equity and the cost of debt. The cost of debt will rise with the rise in interest cost as company will need to give higher interest on its borrowings. The increase in the cost of debt will also increase the cost of equity because the cost of equity rules a few percentage points higher (usually 5 to 10% depending upon the risk profile of the company) than the debt cost. The higher interest cost will result into higher production cost of the product or services. If the company is unable to pass the increased cost to the consumers then it will reflect into the reduced earnings of the company for a given year. The net profit of the company is calculated by deducting the interest paid on the debt in a given year; however lesser earnings in a given year may also result into lesser dividend for

Plan Evaluation for Design Program Assignment Example | Topics and Well Written Essays - 1250 words

Plan Evaluation for Design Program - Assignment Example The data collected will both be qualitative and quantitative in nature. Also in order to assess whether the teachers have understood the 5E’s mode of learning the teachers will be examined both as the workshops continue, and at the end of the series of workshops. The 5E’s mode of learning allows for better learning and understanding of scientific concepts in science subjects by students (Bransford, Brown, & Cocking, 2000). Background of the Project The program is a new mode of teaching that is more effective when compared to the traditional mode of learning. The traditional mode of learning science subjects has been the use of textbooks by teachers to deliver scientific concepts to students and then later testing to assess whether the concepts have been captured by the students (Irvin, Buehl, & Radcliffe, 2006). This mode of learning encourages memorizing of facts rather than understanding them. It is for this reason that the new 5E’s mode of learning has been in troduced. This mode of learning involves a five step series of learning where students are Engaged in the first stage of learning, the next stage is Exploration followed by Explanation, Elaboration and Evaluation. At the engagement stage, an event, question or object is used to engage the students as a connection is created between what they know and what they can do. At the exploration stage, phenomena and objects are explored and hands on activities are carried out with guidance. At the explanation stage students are allowed to explain their understanding of processes and concepts as new skills and concepts are introduced to fro better understanding. At the elaboration stage students then engage in activities that enable them to apply concepts and build on their skill and understanding. In the last stage of evaluation students engage in activities that allow them to assess their skills and knowledge and teachers assess the lesson effectiveness and student development. The goals of this project are to enable teachers of science courses in middle school, give students a learning experience that is superior to the traditional approach of teaching (Lambros, 2004). The other goal is to develop the competencies and skills of the students and teachers by addressing any learning shortcomings of the textbooks. The teachers will also be developed professionally through research-based best practice. The objectives of this project on the other hand include: To equip the teachers with peer-recognized expertise in the teaching profession. Secondly, to equip the teachers with skills and knowledge that will enable them participate actively in sustained learning through their active participation in the workshops (5E’s learning model). Thirdly, to help the students be able to analyze the scientific knowledge presented in the textbooks. Fourthly, to enable students participate actively in learning by collecting, organizing, analyzing, interpreting and presenting qualit ative and quantitative data and incorporating this information into the broader context of the scientific knowledge (Copeland, 2005). The project will involve two professors that will be in-charge of the workshops which will be teaching the middle school teachers everything there is to know about the 5E’s model of teaching. The program will also involve twenty five teachers from middle

IT - Hydro-Quebec Essay Example | Topics and Well Written Essays - 750 words

IT - Hydro-Quebec - Essay Example The changing climate has affected the hydro electric utilities to a great extent. It should be noted in this context that the hydro power generation tends to be more vulnerable to the changes in terms of climatic conditions than other sources including the thermal power station. For instance, hydro power project located near the sea-coast have often been noticed to be affected by the rise in the sea level. Again, dry weather conditions and reduced water level in the reservoirs have also affected its electricity production. Numbers of other climatic factors such as lightning, rise in temperature, icing and pollution have been the major uncontrollable threats faced by Hydro-Quebec. Furthermore, the organization has been unable to take the advantage of wind power as one of the best options of renewable energy (Hydro-Quebec, 2008). During 1990s, technology and business units’ efforts to control return on the invested capital for IT management has brought major changes in the way o f Hydro-Quebec. The SSC was held responsible for the IT related decisions. However, it was observed that it initiated changes only in terms of human resources due to departmental expansion taking place within the company. Those changes made by the SSC caused distortion both within the business units and within the IT divisions. Furthermore, the SSC was responsible for developing and implementing all the technological aspects of the given solution, optimizing technological performance and maintaining as well as executing the developed solutions. However, creating new challenges for the SSC as the IT division had to negotiate all of the technology budgets with each division separately following a more complex process. Consequentially, it was observed that Hydro-Quebec Distribution (HQD) spent more than $50 million on over 200 IT systems. However, it had no clear strategy or proper system plan that could be formally drawn up after its establishment. Many factors force the division to i nclude the IT related issues under its caption, such as the technological zeitgeist during the 1990s. Owing to such circumstances; there has been an urgent requirement to update the company’s legacy system as it was observed that the old system was more vulnerable to risk along with a high maintenance cost. Furthermore, there was a need to update its entire infrastructure related to mailing and printing of bills. The factors like managing the addresses of its customers were also identified as impossible to be maintained with the traditional system. Thus, there was an urgent need to modernize customer software application (Hydro-Quebec, 2008). Question 2: What changes would you suggest for Hydro-Quebec and why? Hydro-Quebec should concentrate more on developing its research programs in order to boast its human resource knowledge in terms of climate change and technological adaption. Hydro-Quebec must identify the areas that are sensitive towards climatic changes and other unco ntrollable risks. Its activities also must be directed towards managing water resources, transports, distributions, equipment designs, and annual production volumes along with environmental and financial considerations. It should also contribute for the development of wind power and increase in the supply from the existing power generating stations (Dube, Berner & Roy, 2007). Furthermore, the organization should promote recycling processes along with educating employees in terms of

The Guillotion Essay Example for Free

The Guillotion Essay The guillotin was a fast falling blade that extinguished life instantly. It was improved by Dr. Joseph Guillotin so that criminals can be wronged for their doings. Robespierre did not actually use the guillotin, but advocated the use of it. Robespierre quoted â€Å"Liberty cannot be secured, â€Å"Robespierre cried†, unless criminals lose their heads(225). â€Å"Maximilian Robespierre (1758—1794) did not have an easy childhood. Robespierre mother died when he was only 6 years old. Two years later, his father abandoned his family. The childrens aunts and grandfather then raised them. Because of this, Robespierre assumed responsibilities at an early age. Eventually, he went to study law at the university of Paris. His performance was chosen to deliver a speech to Louis XVI on the occasion of the kings coronation. But young Robespierre was snubbed. After listening to the address in pouring rainstorm, the king and queen left without acknowledging Robespierre in any way. Years later, in 1789, Robespierre was elected to the estates- general†(225). He also became a chief architect of the Reign of Terror. The Reign of Terror played a significant roll of the revolution. Which lasted from September 1793-July 1794 it provided hasty trials in which spectators greeted death sentences with cries of â€Å"Hail the republic or death to traitors†(225). About 300,000 ere arrested for resisting the revolution during the Reign of Terror. As many as 17,000 were executed many victims of this massacre were mistaken for others and falsely accused by their neighbors supporters of the revolutions were afraid for their lives. Robespierre believed that France could achieve a â€Å"republic virtue† only through the use of terror, which he defined as nothing more than prompt, inflexible justice. Robespierre was described as being physically unimposing and immaculate in attire and personal manners (Wikipedia/Maximilian Robespierre). He was a bloodthirsty dictator.

American Court System: Design and Functions

American Court System: Design and Functions In the United States, in keeping with our bicameral system of government, we have a dual court system consisting of State and Federal courts. While each system is self-contained it is possible, though infrequent, for questions of State law to finish at the United States Supreme Court. The systems and functions of the state and federal courts roughly mirror each other. The state courts system serves both trial and appellate functions and in turn, the federal court system serves these purposes at the federal level. The Federal Courts may be divided into Article III courts, and non-Article III courts. Article III courts were established by/under Article III of the United States Constitution. The Court of International Trade, District Courts (94 in 50 states, the District of Columbia and Puerto Rico), Courts of Appeals (12 geographic-based and another for the Federal Circuit), and the U.S. Supreme Court are all Article III courts. Non-Article III courts include Bankruptcy Courts, Tax Court, decisions by U.S. Magistrate Judges and Administrative Law judges (ALS) in various federal agencies. United States District Courts are trial courts of original jurisdiction for federal cases with mandatory appellant jurisdiction over rulings by non-Article III courts. They adjudicate all federal crimes as well as some civil law cases. All federal felony cases are the responsibility of U.S. Magistrate judges. State Courts vary considerably from state to state. In a broad sense, they all follow the pattern, in ascending order, of state minor trial courts, state major trial courts, state intermediate appellate courts, state high courts of last resort (also known as state supreme courts), and the United States Supreme Court. State minor trial courts include Municipal courts, Justice of the Peace courts and Magisterial District Courts. These courts serve as original jurisdiction courts for misdemeanor cases, both civil and criminal traffic violations and small civil claims. State major trial courts, which may also be known as Superior Courts, Courts of common pleas and District courts, are trial courts of general jurisdiction. They are often arranged by county or groups of counties, to hear felonies and some civil cases. They sometimes have jurisdiction over minor trial courts. State Intermediate Appellate Courts are used in forty out of fifty states. They have mandatory jurisdiction over rulings by the states major trial courts. It is rare for criminal appellants to win on appeal here. State high courts of last resort have both mandatory and discretionary jurisdiction over decisions by lower state courts. This court is a major policy maker for the state due to its position as the final decider on matters of state law. The United States Supreme Court (the High Court of Last Resort in the United States) is arguably the most powerful court in the world. It has absolute control over the cases it hears via its discretionary appellate jurisdiction over decisions made by the U.S. Courts of Appeals. It has jurisdiction over the highest state courts when a question of federal law, to include federal constitutional law, is at issue. Typically, less than a third of the cases heard by the countrys highest court are criminal cases. There are eight courts in the state of Alabama and three Federal districts. Alabama Court of the Judiciary oversees judicial officers and is assembled to hear complaints of the Judicial Inquiry Commission. Alabama Probate Courts deal with matters of probate and the governance of estates. Municipal courts in Alabama handle violations of city ordinances. District courts may be either criminal or civil. District civil courts handle small claims suits. District criminal courts handle state law violations, felonies, and misdemeanors. They can also accept a guilty plea in felony cases. Alabama Circuit Courts are state trial courts of general jurisdiction and have jurisdiction to hear civil and criminal cases. The Alabama Court of Criminal appeals presides over appeals in criminal cases. Civil appeals are the domain of the Alabama Court of Civil appeals. At the top of the hierarchy is the Alabama Supreme Court, the states court of last resort. District courts in Alabama are in the 11th Circ uit. They trial courts of original jurisdiction over federal cases. A criminal case that goes to trial may end up using trial, appellant and supreme courts. This basic structure and sequence is the same in both state and federal courts. Trial courts of general jurisdiction hear felonies and non-small claims civil cases. They may also have appellate jurisdiction over a states minor trial courts. A case may end at this level if the defendant is convicted and does not appeal, or if he is found innocent. Appellate courts have jurisdiction over decisions made by the major trial courts. Appellate courts do not rule on guilt or innocence but rather on whether the trial was conducted properly. It is rare for a defendant to win at the appellate level. If the decision of the appellate court is challenged the case will proceed to the State Supreme court, also known as the State court of last resort. Typically, the State Supreme Court hears only a few criminal cases annually. In order to move ahead to the United States Supreme Court, a case must include a questi on of federal law or federal constitutional law. All states do not have the same court design. Part of the purpose of a dual court system is to allow states the freedom to govern themselves and to be separate and independent of the federal government. This being the case, each state has developed its own court system and terminologies that serve the people of that state. While the overall structures of the court of one state may be similar to another/others, the fact that each state has its own unique laws guarantees variations in their court systems.

LOreal one of the leading cosmetic companies

LOreal one of the leading cosmetic companies Introduction It is era of globalization where competition are increasing day by day, due to competition, it is hard for company to keep hold policy , old method of production . Companies need change to stay in the market. LOreal is a one of leading cosmetic company who is producing world famous brands , company regular making changes , like acquisition policy , building new research centres in most of developed countries. Using technology, and making stakeholder collaboration through using this technology. Organization structure and culture of the organization can play key role in the process of change . Change is not just changing the method of production but can be any type of change , either recruiting polices , making fair laws , adopting new laws which are implementing etc. Company background LOreal is known as the worlds leading cosmetics organization which has a portfolio that consists of many worlds dominant beauty products. Company sales almost 80% doing from outside the France, with action in every key region . It is only Cosmetics Company which has distribution, almost 140 countries. In year 1907 a young French chemist Eugene Schuler, developed a creative hair-colour formula. The named this new, completely safe hair dye Aureole. The history of LOreal began; Eugene Schueller invented and manufactured their own products. LOreal started their production with hair-colour business, but the company quickly pronged out in to other beauty products. Company marketing more than 5 hundreds brand and which have thousands of special products in all division of the beauty business. Styling aids, Hair colour, permanents, body and skin care, cleansers and fragrances. They are found in all distribution channels, from hair salons and perfumeries to hyper the supermarkets, health and beauty outlets, pharmacies and direct mail. DIFFERENT BRANDS AT LOREAL LOreal strives to make a reality within the reach of every woman and every man. CONSUMER PRODUCTS Ggarnier LOreal Paris Le club des createurs Maybelline ny Soft sheen Carson PROFESSIONAL PRODUCTS Loreal professional Kerastase Redken Matrix Mizani LUXURY PRODUCTS Lancom Biotherm Helena rubinstein Kiehls Shu uemura Giorgio armani Ralph lauren Cacharel Viktor rolf Diesel ACTIVE COSTEMETICS Vichy La roche-posay Ineov Skin ceuticals ENVIRONMENTAL ANALYSIS Kotler .P. (1996) Planning start with complete analysis of companys situation, company do analyse environmental to find the opportunities and to escape threats of environment. For change and its implementation environmental analyse is play dominant role. SWOT ANALYSIS Needham Dave Dransfield Rob( 2000) SWOT analysis is known as strategic planning tool which used to assess strengths , weaknesses , opportunities and threats STRENGTH LOreal is considered the biggest seller of hair care and beauty product in the whole world, spotlighting on 19 global brands. Numbers of these products are expanded through price and some by culture image. LOreal is building the attraction of various cultures through its products. Consequently, LOreal is reaching out more people across a bigger range of incomes and cultures. The 2nd strength is that LOreal offering a huge significance and spending lots on research and improvement uses and expands leading-edge technology and effectively introduces new product. Company has about 16 research centres across the world and 13 evaluation centres. Its opened recently opened new research and development centre in, Shanghai China . LOreal strategy of diversity and training of its workforce is one of the assets. Company employing group of people from different backgrounds which leads to improve creativity and innovation. Development and preparation can play vital part of life at LOreal each year approximately 100 employees attend industry-specific and leadership development training and conferences at LOreal management development centres in Tokyo, Paris and New York. LOreals acquisition strategy- aspirant on integrating recognized and well-known brands. Examples of unbeaten acquisitions are Carson Inc which measured as the 3rd largest provider of adult womens hair relaxer in America. The acquisition of body shop the British natural based cosmetics retailer with bout 2,290 stores through out worldwide. Company making more attractive to the green consumer those strives no doubt after look both their environment and body , there is no doubt. Company strength stated as strong sales diagonally all geographical area with rising posting market the faster like for like growth rate for the phase. Its took advantages of economies of scale in packaging and advertising result as a LOreal operation profitability which has been increased through cost cutting efforts. WEAKNESSES Organizational decentralized structure which makes control more tricky. Global market functioning , the problems increase due to coordination and control of performances and image. Companys geographical power is currently determined on western European over trust on full grown Western European market ,which gives maturity offers few predictions for growth. During 90s LOreal was hit by claims over past links to racial discrimination, anti-Semitism which are giving of jobs to Nazi co-workers after the World War two. They went some way to satisfy there critics with a boardroom change and other measures. Liliane Bettencourt, LOreals main shareholder, is known as the wealthiest lady in France. Two years ago LOreals slogan was reduced from Because Im worth it to Because youre worth it after fears in France that the original emerged too money-oriented. During July 2007, the Garnier division and an external employment agency were fined à ¢Ã¢â‚¬Å¡Ã‚ ¬30,000 for employment practices that disqualified non-white women from sponsoring its shampoo, Fructis Style. LOreal is report as proverb the decision was incomprehensible, and will challenge the measure in court. During May 2007, LOreal was one of number cosmetic manufacturers ordered by the Therapeutic Goods Administration in Australia (The TGA is responsible for conducting assessment and monitoring activities to ensure that therapeutic goods accessible in Australia are of an acceptable standard and that access to therapeutic advances is in a timely manner) to withdraw advertising regarding the wrinkle elimination capabilities of their products. One experienced candidate said she realize it was not eligible because she was of mixed race. In July 2007, the British Advertising Standards Authority knocked LOreal for a television commercial on its Telescopic mascara, featuring Penà ©lope Cruz, stating it will make you eyelashes 60% longer. In reality, it only made the lashes look 60% bigger, with thickening and separating the roots and by thickening the tips of the lashes. They also failed to state that the model was wearing false eyelashes, a common trick of the trade. Rumours of LOreals failing in US have been seriously inflated as The groups North American division is yet the smallest contributor to sales, accounting for approximately 25% of the total in the first nine months of 2007 and contributing barely 13.5% of sales growth in that period. Different emission gases causing harm to environment Great disaster for the environment storage of different fuels and chemicals underground. Different flammable and gases toxic mainly fire used for different chemical reactions is consider major risk for environment. It is first French organization which is convicted for racial bias cosmetic giant fined for its recruitment campaign. July, 7 2009 The Guardian an article regarding worlds biggest beauty firm Part of the cosmetics giant LOreal was found guilty of racial discrimination after it sought to exclude non-white women from promoting its shampoo. It is a landmark case, the Garnier division of the beauty empire, along with a recruitment agency it employed, were fined à ¢Ã¢â‚¬Å¡Ã‚ ¬30,000 ( £20,300) each after they recruited women on the basis of race. The historic ruling the first time a major company has been found guilty of systematic race discrimination in France saw a senior figure at the agency given a three-month suspended prison sentence.(The Guardian, July, 7, 2009). OPPORTUNITIES Company has chance to develop rising presence in promising markets their activities in rising areas such as Eastern Europe, Africa and Middle East where growth in cosmetics and toiletries sales is normally to precede that of global sales. It has a three largest potential market to expand which are Russia, Brazil and china. LOreals acquisition of already recognized brands offered opportunities to enter new areas at lower costs Diversity by promise. Training at school levels Adopted measures to combat discrimination and support diversity and equal opportunity for all by signing charter for Corporate Commitment to Equal Opportunities in France. Worldwide profit sharing scheme Increase in proportion of Female manager up to 54% and 34% in management committees LOreal set up 22 Observatories on diversity in France. LOreal helped the Disadvantaged finding jobs about 657,429 applications received of which 63,691 were interviewed and 2,333 managers were recruited which is 15% higher than 2005. Follow Up and Integration Track FIT is a project started by LOreal for optimum integration of new employees. LOreal since 2001 started Worldwide Profit Sharing Plan implanted in all the countries. Opportunities for suppliers with a commitment of long term partnership based on mutual respect, sharing of information, transparency and strong communication and high standards. Share their expertise with suppliers to overcome challenges in the outer world with regular business reviews, logistics, and development, packaging and innovation meetings. SHE (Safety, Health and Environment) to identify strategic business opportunities. Signing up of letter for Ethical Commitment by suppliers available in 11 languages. Opening of 89 new stores in Western Europe 15, North America 8 and rest of the world 66. LOreal market share with Body Shop in 2006 is 15.6% THREATS Rivalry from private labels, LOreal is facing threats from growing shocks of private label products. Several of private label cosmetics and toiletries are getting better in quality and attracting customers. The bigger problem for global brands like LOreal is that the retailers are turning over more and more shelf space to their own labels. Brand Copying risk Dubai Perfume Company Bellure sold low-value scents that it stated smelled same as perfumes. It marketed the products on this basis, using wrapping that winked at the related company designs, and published assessment charts that named exacting company perfumes. LOreal sued for infringement of its trademarks and passing off, declaring that Bellures marketing materials took excessive advantage of the quality and repute of LOreals perfume brands. Company won the first round in the High Court, but in 2007 the case came to the Court of Appeal. It is now in limbo, pending a ruling from the ECJ, but a swing the other way looks likely. The Court of Appeals view was that the public are not stupid. It was unconvinced there was any likelihood that a low-value smell-alike product would be confused with the original and took the view that, even if Bellure gained an advantage through comparing its products to LOreals, it did not follow that it was an unfair advantage. (I marketi ng journal)  (Nov 28, 2007): PORTERS FIVE FORCES Porter (1980) in an industry the state of competition depends on five basic competitive forces. The combined strength of these forces establishes the final profit possible in the industry, where profit potential is prà ©cised in term of long run return on invested capital. Not all industries have the similar potential. They differ fundamentally in their ultimate profit potential as the collective strength of the forces differs; the forces range from intense industries. Bargaining Power of Buyers: Buyers power is high as there is a large range of products and every company is competing to attract the customers. Nevertheless LOreals sole products put it in the top of competition. Bargaining Power of Suppliers: Bargaining power of traders is low because of LOreals acquisitions of several brands and also due to its huge market share which gives it the potential for monopoly. Additionally, LOreals strategy is to create strong and long term relationship with their traders. Competitive Rivalry: Aggressive rivalry in the cosmetic industry is high. There are many of existing cosmetic companies challenging in the market and the major competitors of LOreal are Unilever and Proctor Gamble. LOreal decreases the competition by acquiring many well known brands in the market and also, it succeeded to stay ahead of the competition because of its strong portfolio of global brands. Threats of new entrants: The threat of new candidate is low and it is hard for new companies to enter this market. Barriers to entering this market contain: The extensive time and expense essential to build a brand status to overcome existing costumers likings. The extensive costs for promotional and commercial activity to protect the distribution and situation of a new entrants products in retail outlets. The incapability of a new candidate to recover rapidly its huge investment in promoting its brand. The difficulty of securing shelf-space in retail outlets. Threat of Substitutes: Products alternative are not presented in the market. LOreal products are distinguished from other products because of its strong assurance to research and development. It functions 12 research and development centres around the world. All of its products are based-on intensive scientific research and on gradually more targeted advance to enhance the quality. It employs 3,000 scientists who work in state-of-the-art research centres around the world. This allows it to justify price differences as compared with low priced products and retailer brands. (Loreal websit) Information Technology and LOreal Koontz H and Weihrich H( 1999) IT can play vital role affecting the scale ,nature of business for instance ,IT used in connection to sales based ordering (SBO) or efficient consumer response (ECR) ,provide help to organisation to reduce the cost and remove the time barriers . John Dawson (1996) IT provide knowledge based investment , alliance based investment and productivity based investment ,which provide opportunity for new entrants in the market .For LOreal success IT is a key factor , it can further help to reduce the cost and making the right decision at right time , at right cost , at right place. LOreal operating in many countries, IT provides the connectivity with all stakeholder and first hand interaction. Diversification of business Zook and Allen (2001) It suggest that most sustainable growth Pattern is that of the strong or leading core business that remuneration from continual reinvestment, constant adaptation to circumstances or business environment, and persistent leveraging of the competitive advantage formed by these strengths into new markets or geographies, applications, or channels. Further suggest that management teams constantly meet with opportunities for concentric diversification and that taking advantage of these opportunities is at times absolutely necessary in order to strengthen the core. Leavitt, H.J. (1965), Diversification helps to manage the change , like company build their operation in many countries and reduce the cost. CHANGE MANAGEMENT Czarniawska, B. (1999), Change management (or change control) is the process during which the changes of a system are implemented in a controlled manner by following a pre-defined system with, to some extent, reasonable changes. Change management is a structured approach to transitioning individuals, teams, and organizations from a present state to a desired state. The current definition of Change Management includes both organizational change management framework and individual change management models, which together are used to manage the people change management. Individual change management A number of techniques are available for understanding the transitioning of individuals through the phases of change management and strengthening organizational development initiative in both government and corporate sectors. Unfreeze-Change-Refreeze Leftwich, R.L. (1979), An early model of change developed by Kurt Lewin described change as a three stage procedure. The first stage he called unfreezing. It involved overcoming inertia and dismantling the existing ideas. In the second stage the change occurs. This is typically a period of confusion and transition with a little tinge of chaos. The old picture is being replaced by a new one.. The third and final stage he called freezing (often called refreezing by others). The new ideas are being accepted and ones comfort level is returning to previous levels not completely though. Rosch (2002) argues that this often quoted three-stage version of Lewins approach is an oversimplification and that his theory was actually more complex and owed more to physics than behavioural science. Different theorists give different versions according to their research and experiences respectively. . Although elaborating the process to five stages, Judson (1991) still proposes a linear, staged model o f implementing a change: (a) analysing and planning the change; (b) communicating the change; (c) gaining acceptance of new behaviours; (d) changing from the status quo to a changed state, and (e) consolidating and institutionalising the new states. ADKAR The ADKAR model for individual and organizational change management was developed by Prosci with participation from more than 1000 organizations from 59 countries. This model describes five required stages for change to be realized successfully on an individual level. The building blocks of the ADKAR Model include: Awareness of why the change is needed Desire to support and give input in the change Knowledge of how to change Ability to implement new skills and behaviors Reinforcement to sustain the change Organizational change management Fill C (2002), Organizational change management includes techniques and tools for managing the people side of the change at an organizational level. These tools are used by the leaders of the organization and include a structured approach that combined with an understanding of individual change management, provide a model for managing the people side of change. Organizational change management processes include techniques for creating a change management strategy (readiness assessments), engaging senior managers as change leaders (sponsorship), building awareness of the need for change (communications), developing skills and knowledge to support the change(education and training), helping employees move through the transition (coaching by managers and supervisors), and methods to sustain the change (measurement systems, rewards and reinforcement) The role of the management Leftwich, R.L. (1979), Managements responsibility and particularly that of administration is to detect trends in the macro environment as well as in the micro environment so as to be able to identify changes and initiate programs and determine the economic scenario . It is also important to estimate what impact a change will likely have on employee behavior patterns, work processes, technological requirements, motivation and availability of resources. Management must assess what employee reactions will be and craft a change management program that will provide support as workers go through the process of accepting and adopting the change. The program must then be implemented, communicated effectively throughout the organization, monitored for effectiveness, and adjustments be made where necessary. Organizations exist within a dynamic environment that is subject to change due to the impact of various factors both external and internal . To continue to operate effectively within this e nvironmental roller coaster, organizations must be able to change themselves in response to internally and externally initiated change in minimum span of time and be adaptable to change,hence flexible enough . However, change will also impact upon the individuals within the organization. Effective change management requires an understanding of the possible effects of change upon people, and how to manage potential sources of resistance to that change. For instance people react within the organization by forming anti groups and retaliate and oppose the change. Mostly technological changes trigger this point and when new systems are replaced by old systems then conventions take a stand and people react and oppose this transition. Change can be said to occur where there is an imbalance between the current state and the environment on the whole. Decision Downloading Czarniawska, B. (1999)Often changes are initiated at a very senior level of management in the organization without any participation from others. For example, mergers, layoffs, and company acquisitions rarely involve input from employees at any level but the most senior. In fact, most employees are kept in the dark. These situations require special types of change management practices. As the decisions get unfolded to the rest of the organization there is a high probability that misunderstandings, angwish, and resilliance will surface. Researchers have determined that employee buy-in can be hastened by assertively unfolding the decision. Executives who use an assertive style of downloading or announcing the decision include the following points in their message: a) how the decision was made b)reasons why it was made c) what alternatives were considered d) how it fits in with the organizational mission and aims e) how it impacts the organization f) how it impacts employees. Executives who use this more vigorous approach to communicating double the rate of acceptance when compared to more impoverished methods. Change Management on the level of society Mats Larsson, in the book Global Energy Transformation (2009), suggests that change management will become necessary on the level of society in order to transform energy systems on a large scale globally|. Conversion of global systems of transportation, energy supply and industrial processes from grass root level is an undertaking that will require massive investments, change in individual behavior and company routines on a large scale and during a short span of time. This effort will also require the co-operation of many companies, public organizations and individuals. In order to achieve this on the scale of nations and regions, huge government expenditure will be required . Larsson mentions how the management principles and tools of change management could be applied in large scale national programs of mass transformation. Larsson uses as examples previous large scale change and development programs in the United States, in which many models that are now used in corporate change management projects have been developed and used. These programs are the transformation of US industry to war production during The Second World War, The Marshall Plan and The Apollo Program. Each of these programs have different focuses and management models, but they are examples of successful large scale change management efforts on the level of society. John P Kotters eight steps to successful change John Kotters highly recommended books Leading Change (1995) and the follow-up The Heart of Change (2002) describe a helpful formula for understanding and managing change. Each stage acknowledges a key principle identified by Kotter relating to peoples response and approach to change, in which people see, feel and observe followed by the Kotters eight step change model that can be summarised as : Increase urgency,motivate people to move, make objectives real and relevant. Build the right team get the right people in place with the right emotional commitment, and the right combination of skills and expertise. Get the vision right get the team to establish a simple vision and strategy, focus on emotional and creative aspects necessary to drive service and efficiency with essential ingredient of commitment. Communicate for buy-in Involve as many people as possible, communicate the essentials, simply, and to appeal and respond to peoples needs and listen to the peoples needs. Harmonize their needs with the organizational goals on the whole. De-clutter communications make technology work for you rather than against for instance its a global village internet, media has advanced so much , so unfold the information down the organization as quickly as you can to penetrate deep into the minds of people for their fast adaptability to the new situation. Implement the change Remove barriers, enable potential feedback and lots of support from leaders reward and recognise progress and achievements after implementation of change. Create short-term wins Set aims that are easy to achieve in bite-size chunks. Manageable numbers of initiatives. Finish current stages before starting new ones. Dont let up Foster and encourage determination and persistence ongoing change encourage ongoing progress reporting highlight achieved and future milestones. Make change stay Reinforce the value of successful change via new recruitment, promotional rewards, new change leaders. Blend change into culture. Cultural change Culture are known as norms , values , policies , strategy , and policies of the organization . Cultures represent the company way of doing the business. It is a era of globalization where though competition between the firms , cultural change play dominant role for the success of the organization . Organization structure represent the organization culture , if the organization have centralize organization structure , then decision make mostly central level , decentralize structure , increase power sharing between organization . Specially in case of LOreal it is big question how organization culture keep same in the world because, organization acquisition policy , create question mark for organization culture . Like Morrison took the Safe ways, but later the sold number of store because they cant adopt them according to their own culture. People who like a change tend to go through three stages unrealistic optimism , reality shock , and constructive direction . When someone fears or dislikes a change , a more complex process involving five tends to occur getting off on the wrong track , laughing it off , experiencing growing self doubt , buying in and moving in a constructive direction . Managers are challenged to help employees deal effectively with reality shock and self doubts. LOreal STRATEGY Koontz H and Weihrich H( 1999) Strategy term is a general programs of action and deployment of resources to attain comprehensive objectives. According to some authors mentioned strategy means guideline, or long term plans. Hardy Cynthia (1994) global strategy is Setting a a matter of adjusting as much as possible the business functions-manufacturing , procurement, marketing , distribution, and RD -within the constraint of trade and investment barrier in a way which provide the best possible product/market fits. In a few cases, the best fit is a standardized product; in others a customized product fits best. Making a global strategy often involves subsequent a zig-zag line between standardization and flexibility, trading off the costs and benefits of one against those of the other. Cateora R.Philip (1997) formative a firms global strategy and shaping the organization to achieve goals and objectives are the two middle tasks of global marketing management that describe the level of international integration of the company. Companies must contract with multitude of strategic issues including the extent of the internationalisation of operations. Company tends to develop multi-culture in their underlying brands. This strategy proves to be very successful in reality and even played a dominant role in LOreals success. The most representative example is Maybelline New York. LOreal developed Maybellines brand culture instead of upsetting it after its acquisition of Maybelline. The sales figure dramatically rose after the acquisition and Maybelline product enter into more than 90 countries. Maybelline became a stylish global brand for all women all around the world from a merely regional brand. LOreal to create the advantages is to spread around strategic investment by sharing the production of innovation between different product divisions. LOreal relied on distribution channel to carry out its strategy of brand structure. There are four product departments in LOreals structure. Every department has several brands and each brand has many names Strategic position of the company in relation to market Mabey (1994) Company is boosting their brands architecture through acquiring different brands and increasing its operation in the world market. Its acquired Maybelline brand in 1996 for their strategic policy, Mini nurse in China, In Japan Luxury brand Shu Uemura , through acquisition strategy. Future expansion the most fast growing markets like China market , effective and cost efficient strategy , Company is leading in cosmetic industry , and won number of certificate and hold major market shares as shown in below figure. Above diagram ,clearly shows the market share of the company ,which hold 45% share , it is leading position inmarket. Information system Strategy Cameron Kim ( 1993) Information technology can play a dominant role in this competitive world , information is data endowed with relevance and purpose. Data such as names numbers , and places need to be organized and interpreted in a timely manner if they are to be useful in decision making . Information should have a surprise effect, meaning that it should shed light on the unknown. Information that does not surprise or elignten the individual is probably irrelevant or redundant . Because information is the lifeblood of organization endeavor and strategic tool of increasing importance , manager need to ,view information as a resource , understand the cost of information , know how to organize and comprehend information and be familiar with the basics of information processing . Information technology includes all mechanical and electronic devices capable of producing , manipulating , transmitting and storing words , numbers , pictures and sound. The knowledge to operate these devices also qualifies as information technology .

Isaac Newton :: Essays Papers

Sir Isaac Newton developed calculus, natural forces, and optics. Newton was born on Christmas Day in 1642. His father had died before he was born, but he was still given his father's name (Westfall 17). Isaac stayed with his grandparents when his mother went to live with her second husband. While living with his grandparents he attended day school nearby (Westfall 17). After his grandmother died and Newton was seventeen, his mother took him out of school and brought him back to the family farm. She tried to teach him how to run the farm and manage the estate; this was a failure. In all of his spare time he returned to inventing and building machines. Newton's uncle and old schoolmaster saw that he was in the wrong trade and urged his mother to prepare him to attend the University. His uncle's efforts paid off; in 1660 he returned to Grantham to finish grammar school and prepare for the university. In June of 1661 Newton entered Trinity College, Cambridge (Westfall 17). At Cambridge Newton studied mathematics. This is when Newton first started to make many discoveries. He made most of his important discoveries there: pure mathematics, theory of gravitation, and optics, all before he even graduated college. Newton made contributions to all branches of mathematics. Modern study of aerodynamics and the science of hydrodynamics would be impossible without the principles of the calculus. Newton wrote Philosophiae Principia Mathematica (Mathematical Principles of Natural Philosophy), which is usually known by the last two words. "In the book Newton codified Galileo's findings into the three laws of motion." (Wilson online). Newton formulated three laws of motion, and resulting from them the law of universal gravitation. His laws of motion are the natural laws of mechanics. Newton's three laws of motion are: 1. The law of Inertia- an object at rest tends to stay at rest unless acted upon by an outside force. 2. 2nd Law- an unbalanced force applied to an object will result in the acceleration if the object. There was an equation that went along with this law which is F=ma.

The Alamo :: American History

A well made movie about the Alamo is well overdue. In the past there have been many movies that have tried to recreate the events of those unforgettable thirteen days. However, they have all ceased to hit the nail on the head. I have lived in San Antonio my whole life and it wasn’t until recently that I have come to a better understanding of the story that is the Alamo. There are many things to consider when making a movie about the Alamo. Issues concerning racism, authenticity, and historical facts are very important and should not be overlooked. The filmmakers should research the subject to an exhausted State. The movie should contain nothing but factual information and steer clear of simply pleasing the box office. They should instead show viewers what really happened, the truth from both sides. The filmmakers must examine the facts as historians. They must not accept anything at its face value, nothing can be left out or added. As historians they must take no side and show no bias. Historical evidence such as newspapers, paintings, oral account, letters, journals, and legal documents concerning Texas, Mexico, and the Alamo will prove to be priceless. In such material lies the true story of the Alamo. I am a firm believer in the fact that the best stories are true stories, and the only way to make a great movie about the Alamo is to tell the true story. When referring to the Alamo three names come to mind: Bowie, Travis, and Crockett. These men played a very influential role in the battle of the Alamo. Along with these men are some unsung heroes. The characters themselves are more important than the actors that are cast to play the roles. When drafting the characters there is much to consider. First, you must consider the type of man that would pick up all of his belongings and move west. Someone sure of the fact that they could survive on their own. Someone with very individual and traditional views. These men were frontiersmen. They didn’t like government and wanted to be left to themselves. The fact that many of the men at the Alamo were criminals is important. What is more important is the fact that these men, no matter what the circumstances, were willing to die for what they believed in. Another important factor in making a movie about the Alamo is the task of The Alamo :: American History A well made movie about the Alamo is well overdue. In the past there have been many movies that have tried to recreate the events of those unforgettable thirteen days. However, they have all ceased to hit the nail on the head. I have lived in San Antonio my whole life and it wasn’t until recently that I have come to a better understanding of the story that is the Alamo. There are many things to consider when making a movie about the Alamo. Issues concerning racism, authenticity, and historical facts are very important and should not be overlooked. The filmmakers should research the subject to an exhausted State. The movie should contain nothing but factual information and steer clear of simply pleasing the box office. They should instead show viewers what really happened, the truth from both sides. The filmmakers must examine the facts as historians. They must not accept anything at its face value, nothing can be left out or added. As historians they must take no side and show no bias. Historical evidence such as newspapers, paintings, oral account, letters, journals, and legal documents concerning Texas, Mexico, and the Alamo will prove to be priceless. In such material lies the true story of the Alamo. I am a firm believer in the fact that the best stories are true stories, and the only way to make a great movie about the Alamo is to tell the true story. When referring to the Alamo three names come to mind: Bowie, Travis, and Crockett. These men played a very influential role in the battle of the Alamo. Along with these men are some unsung heroes. The characters themselves are more important than the actors that are cast to play the roles. When drafting the characters there is much to consider. First, you must consider the type of man that would pick up all of his belongings and move west. Someone sure of the fact that they could survive on their own. Someone with very individual and traditional views. These men were frontiersmen. They didn’t like government and wanted to be left to themselves. The fact that many of the men at the Alamo were criminals is important. What is more important is the fact that these men, no matter what the circumstances, were willing to die for what they believed in. Another important factor in making a movie about the Alamo is the task of

Discrimination of black people and white people Essay

This story, Black Boy is a great book that describes how the author, Richard Wright, suffered in the South of the United States during the time when there was still a lot of discrimination throughout the country. Since the author explained many of his horrible experiences in the past, this book cannot be written in a thin book. This thick book is full of his great experiences that wanted to be read by many people in the world in order to let everybody know the disasters of racism. This racism affected Richard Write a lot and he had to adapt to the environment that he was in, although he didn’t know how he should act in front of white people in the beginning of the story. There are not many examples in the beginning of the story since Richard was a little boy, and he still didn’t know about racism. He did know that something was different between black and whites, but he wasn’t able to understand it since he was too young. He even talks to himself in Pg. 49 that â€Å"I had heard that colored people were killed and beaten, but so far it all had seemed remote. There was, of course, a vague uneasiness about it all, but I would be able to handle that when I came to it. It would be simple. If anybody tried to kill me, then I would kill them first. † After this, he realized the harshness of racism around his society when Uncle Hoskins got shot by a white man when he was at the saloon. And the reason is just because a black man was earning a lot of money and the white man became jealous. Also after this scene, there is an another example in Pg. 172 where he met his classmate, Ned Greenley who had lost his brother since the whites shot him for a specific reason. Ned said, â€Å"Th-they said he was fooling with a white prostitute there in the hotel. † Richard was shocked since he could be in those kinds of situations at any time. Richards starts to think of really going to North soon as possible now. In Chapter nine, there is a scene that is really harsh where Richard sees it, but could do nothing. This scene is at the clothing store for black people where Richard worked. The black employees were treated like slaves in the store; the white owners would push, kick, or slap the blacks. Although Richard saw this scene many times, he never got used to it. Another big thing is the time when Richard sees a black woman getting raped by two white men. This is a part from the book that describes how evil this time of period was. On Pg. 179, it says, â€Å"White people passed and looked on without expression. A white policeman watched from the corner, twirling his night stick; but he made no move. I watched out of the corner of my eyes, but I never slackened the strokes of my chamois upon the brass. After a moment or two I heard shrill screams coming from the rear room of the store; later the woman stumbled out, bleeding, crying, holding her stomach, her clothing torn. When she reached the sidewalk, the policeman met her, grabbed her, accused her of being drunk, called a patrol wagon and carted her away. † When I read this scene, it really hurt my heart. I couldn’t believe that the police didn’t do anything at all and although the policeman knew that the black woman was raped, he accused her of being drunken. Richard could have thought of saving the woman, but if he did something to the whites, he could be killed. Therefore, Richard wasn’t able to do anything. All he could do was to feel sorry for the lady. This doesn’t mean that Richard didn’t worry about the woman, it was the way how he had to act in the South. After Richard realizes the social cycle between the whites and the blacks at his work place, he sacrifices his morals to save more money. He begins to bootleg liquor to sell to white prostitutes in the hotel that he worked at. After that, he involves in a ring for scamming tickets. Then, he quickly amasses enough money to move out to the North. Although Richard was working earnest, he quits it because it was very hard to collect money if he had worked earnestly. Since Richard Write had an experience that he does not want to experience anymore, he was able to write this book, which would tell all the readers that discrimination or racism is not a good thing to do. He explained how he had to act as a black man; if he didn’t act like a black man, he might have not gotten the chance of writing this book. Richard Write had explained how blacks should act as a black, and although many horrible things were occurring around him, he wasn’t able to change it since he was just a black man. I feel that Richard really wanted to resist against the white men but if he did, he knew that he was going to be dead. Although in the beginning of the story, he said that, â€Å"If anybody tried to kill me, then I would kill them first†, as a result he wasn’t able to disobey the whites because he was scared of death. Since he was able to adapt to the society that he was in, he was able to earn money and was able to go to the North to have a better life.

Relationship between society and education Essay

RELATIONSHIP BETWEEN SOCIETY AND EDUCATION Introduction Many sociologists have observed that there is a strong relationship between education and society. This observation is borne out of the fact that it is not possible to separate or draw any line of demarcation between the two concepts. This is because of the fact that what happens to the educational system undoubtedly affects the society, the young in its own image. The components of the educational system that constitute perfectly defined facts and which have the same reality as another social fact are inter-related. They are inter-related internally, so that a given education system has unity and consistency, and also externally so that the education system reflects a society’s moral and intellectual values. Ottaway (1980) defined society as the whole range of social relationships of people living in a certain geographical territory and having a feeling of belonging to the same kind of group. In every society, whether developing or developed, complex or primitive, there is always an education system. Education systems are not the same, as no two societies are identical. Therefore, education systems differ from society to society and their aims, contents and techniques also differ from one society to another. From the foregoing, one might postulate that educational institutions are micro-societies, which mirror the entire society. This is one of the reasons why societies try to evolve education systems and  policies that would meet the needs, beliefs, attitudes and the aspirations of their people. Havighurst (1968) observed that the way to understand a society’s education system is to understand how it is related to the other basic institutions of that society, in particular the family, the church, mosque,the state, the polity and the economy. Relationship between Education and Society We have seen education in particular as a means of cultural transmission from one generation to another. The parents are the first teachers of the child and they still maintain an educative function throughout the early and formative years of a child. In most of the developing nations of the world, including Nigeria, parents are responsible for sending their children or wards to school. Since these nations are undergoing rapid socioeconomic and political changes, they witness special problems involving the appropriate education system, which will be able to produce the adequate manpower needs in all the segments of the society. . Schools are established in many societies of the world so as to instill in the pupils those skill’s which will afford them the opportunity of taking their rightful positions in the society; but this function cannot be adequately accomplished without the assistance of the home because both the home and the school perform complimentary functions in the moral and intellectual development of the child. This means that the child cannot be educated in a vacuum or in isolation. Therefore, for a child to be educated there must be interaction between him and his physical and social environment. By this we mean that education is the development of personality. It is something which goes on both inside and outside the home and in the school. In other words, education is an activity of the whole community. This means that education is used in the transmission of the cultural values. One important implication of looking at education as the transmitter of cultural values is the fact that education can be influenced by the culture of the society in which it takes place. For this reason, one may infer that for a child to be educated, he must be influenced by his environment and, in turn, be capable of influencing it. And it is only by the concept of the continuous interaction of the individual and his society that the development of personality can be properly understood. We have noted above  that education is a means through which the cultural values of a particular society are transmitted from one generation to another. Through this process, the society is able to achieve basic social conformity and ensure that its traditional values, beliefs, attitudes and aspirations are maintained and preserved. Clarks (1948) observed that a general knowledge and acceptance of the ideals and aims of our society is essential for all its citizens, and it must be achieved throug h education but in a form, which makes it compatible with freedom. So he reconciles the double purpose by saying that admittedly, the purpose of the educative society may be to make men conformable. But overmastering that must be the purpose to make men free. A society needs a stable and dynamic set of values and a ,unified purpose. It is when this is ascertained that meaningful economic, political and social programmes can be embarked upon for the overall benefits of the citizens. To be a fully developed a person in such a society, implies full and creative membership of it with powers to change it. Ottaway (1980) contended that the transmission of culture still remains a vital function, and is not to be dismissed as merely conservative in the sense of being old-fashioned. He further observed that our children are potentially the society of the future, which still belongs to the non-social community, and education in this respect can be regarded as a socialization of the young. Education depends on the total way of life of a people in a society. This suggests that the type of education provided will differ from society to society. Besides, each society has her own norms, values and her own ideal persons who stand out clearly for the youn ger generations to emulate. Since all these societies are not the same, then it means that a man is regarded as a hero in one society because of his contributions to educational development of the society may not be regarded as such in another society where education is not given priority in the scheme of their daily activities. It, therefore, implies that children have different people to emulate in different societies. It is logical to expect that the type education given in each society will change from time to time as the society changes. Many writers have argued that education is one of the causes of social change in the society, but another school of thought is of the opinion, that educational change tends to follow other social  changes, rather than initiate them. Ottaway (1980) observed that ideas of change originate in the minds of men; often in the mind of a single man. Exceptional individuals invent new techniques and propound new values for their society. These ideas arise from the impact of man o n his culture, but do not change the culture until they are shared and transmitted by a social group. In his own submission, Boocock (1972) noted that societies undergoing rapid social change or modernization have special problems in adapting the educational system to the manpower needs of the world. They often suffer shortages of persons with special kind of education in engineering and other technical fields and may have difficulty in keeping persons with valuable skills once they have completed their education. Another area of the relationship between education and society is through the arrangement of the entire society into a hierarchical order that is, through the social structure in which education plays a prominent and significant role in fixing educated individuals into social classes. Ottaway (1980) observed that education is the process of preparing people to fit into this complex social structure and to play particular social roles as members of more than one institutional group. Individuals have to learn to be fathers or mothers, school teachers or civil servants, shopkeepers or priests. They have to learn to keep the law, to understand how they are governed and to be prepared to try and change the social moves when they see that they can be improved. Education as a social phenomenon is also concerned with the preparation of the child for his future occupation in life. This is one of the main economic functions of education and this is in the interest of both the nation and the individual. Through education an individual knows the structure of the society and the different types of relationships that exist among those structures in the society. The child is taught how to perform different roles within the social structure in the society. These roles are inter-r elated. For example, the role of a father is a relational role; a father could be a son to another person. So education allows the child to perform his role adequately within the social structure in the society. In addition, the child is able to understand the network of inter-relationships among the different social institutions that make up the society. . Also of importance are the different functions that are performed by each social institution in the society. Like an individual, each institution has definite functions to perform in the society and the functions of each institution differ from one to another even though they are complimentary. Another aspect of the relationship between education and society is in the area of social interaction. Social interaction may be defined as any relation between people and groups, which changes the behaviour of the people in the group. There is a need for social interaction by the child before he could acquire the culture of his society. This interaction in the society is therefore part of the child’s education, provided that, that type of interaction brings about positive changes in the child’s behaviour in the right direction as required by the educational system. One important point here is that the child has been taking part in group interaction long before he starts to attend school and the most common among these group interactions are within the family and the peer group. These groups in which the child interact, gives him the opportunity to learn from the wider circles in the society. From his social contacts, he learns his roles in different groups and this influences his personality development. Conclusion Many sociologists have appreciated the relationship between education and society and have concluded that the two are so interrelated. That one cannot draw any line of demarcation between them. It has been observed that the educational system of any nation must be based on the needs and demands of the society, and that any educational system that fails to meet the needs, aspirations and ambitions of the society is not relevant and is bound to fail. The educational system of any nation is concerned with, the transmission of the cultural values of today to those who will live in the world of tomorrow, and contents of education must somehow strike a balance. Dubey et. al. (1984) observed that a good educational system, in all its full substance and ramifications, is related to the level of culture, industrial development, rate of urbanization, political organization, religious climate, family structure, stratification and other institutions of the total social system. Finally, education has to fulfil both the individual’s needs and those of the society and must keep pace with other sub-systems in the society, as both variables are inter-related. REFERENCES Blakemore, K. and Cooksey, B. (1981). A Sociology of Education for Africa. London: George Allen & Unwin. Boocock, S. (1972). An Introduction to the Sociology of Learning. New York: Houghton Mifflin. Clarke, F. (1948). Freedom in the Educative Society London: University Press. Dubey, D.L. et.al (1984). An Introduction to the Sociology of Nigerian

Stop! Wait! I Am Pulling Down a Menu!

San Jose, CA, with the smallest officer-to-resident ration in the country, is named one of the safest cities in the United States. From 1990 to 2004, officers worked on a daily basis with a text-based mobile dispatch system, which they had no problem with. A major issue happened when, in 2004, this system was replaced by a new Windows-based touch screen software, developed by Intergraph. In this new project, a new touch screen computer was installed in every patrol car. The idea of the software was correct, it was supposed to bring many benefits and simply help officers, make their life easier. The new software was designed to receive orders, send messages, write reports, receive maps of the city, and use the GPS to let officers know where they are located. The success of the software was not as planned. Even before it was installed, officers were already upset that their input was not asked about the design of the interface; nobody asked their opinion and suggestions for the creation of the new system. The software itself had way too many complications. Officers were not satisfied at all with it. Some of the issues included were the increasingly difficult to use code 99-emergency, the time it took them to find whether a person they stopped had violent criminal record, mapping and GPS inaccuracies, and unneeded information that took screen space along with difficult font to read. The software simply did not work, it crashed after two days of its debut. It was fixed and debugged, but still had major issues. Dispatchers were also very dissatisfied with the Intergraph system because of the risky delays in task execution, because it could not perform multiple tasks simultaneously, between many more. They too, thought should have been consulted during the interface design stage. To fix these issues, SJPOA provided more training to officers and hired a consultant to see what could be done. The consultant realized there were too many complex hierarchies that did not make sense for anyone who had to be using the system while driving a car. Even with all these disagreements, San Jose did not replace the system. While looking at the examples given about Chicago and San Diego, I can see there is still hope for San Jose and the implementation of the new system. Are the problems encountered by the police officers due to hardware or software? The problems encountered were due to both, hardware and software. Hardware refers to the physical components of computers and related electronic devices such as PDAs. It was stated in the case that older officers were having more trouble than the younger ones and I believe it is because they are not used to the new computers and devices. The input devices are the ones that receive signals from outside the computer and transfer them into the computer. The most common input devices are the computer keyboard and mouse, but some advices accept voice, imagine, or other signals (Oz, E. , 2009). In this case, their problems were with the touch screen computers, which can serve both as an input and output device. Software was the major problem in this case. The software implemented simply did not work; there were too many bugs and mistakes. The idea of the software was to make officer’s lives easier and not more complicated. It seems that the software was too complex and slow to be used by police officers and fire fighters, who can most of the time be in danger and in need of fast and accurate information. Whom do you think is at fault for the unsuccessful implementation of the new software? Why? I believe the fault is to be blamed on the police and city officials. Their thought was good, they wanted to improve their system, but did not get any input from the officers to know what kind of system would work for them, what they need to most, if it is speed, accuracy, GPS, what would make their lives easier. I believe it lacked communication between them. With all this information, police officials could have gone to Intergraph and explained what kind of system they were looking for, how they wanted it to be, what should have its emphasis on. People, specially the â€Å"technologically challenged,† are often not receptive of new technologies. Was this a major issue in this case? I don’t believe it was a major issue, but it was one. The case stated even the tolerant and receptive officers were having obstacles to adapt to the new system, and it also said the older officers were having more trouble than the younger ones. Technology is changing so fast and some of us can not get caught up with it many times. The older officers were used with the paper and pen method, some of them probably do not even have (or if they do they got it not too long ago) a computer at home. If they are used to computers I am sure it is not the touch screen one, it is the laptop or desktop type. All of these make it more difficult to accept the new technology but it is not something that can not be converted with training. After getting familiar with the computers and systems they will realize it is going to make their job much easier and simple. If you were the CEO of Intergraph before it assumed the project for San Jose, what would you do differently? As the CEO of Intergraph I would have talked to the officials to know exactly what they are looking for in the system and try to create one that is as easy as possible to use. I would hold a lot of training sections to the officers to make sure they knew what they were doing and how they could use the system to their advantage. I believe Intergraph probably created a system that is not compatible with what they were needing. They should have held sections with the officers to know how familiar they are with computers, what they do and do not know about it. I am sure with useful information like this the system created would have been much more user friendly and therefore more effectively used. My recommendations for this case are as follow: Hold more training sections: I believe with training this situation can be solved in a simple way. I know that much of it depends on the effectiveness of the software itself, but once it is solved and free of bugs, training sections will be helpful for officers to get very familiar with the system and start using it to their advantage. Nowadays they can no longer work with paper and pen, computers will save them a lot of time and effort if used correctly. I also believe the training sections should be done with touch screen computers instead of desktop or laptops. Officers need to be able to practice on a screen just like the one they are going to work with in the car. This will make them feel more comfortable when using the software on the job. Get input from officers: the best way to make officers and dispatchers satisfied with the new system and computers is to get them involved in the process. They should be able to give their opinion about the whole situation and give inputs on what they believe would make a difference and what would not. They are the ones who will use it al all times so they should know what kind of system they want and will fulfill their needs when time comes. Fix software error: I am sure this is something they are already working on, and as stated in the case, San Diego also had the same problem when started using the same software and now it is working much better. They worked with Intergraph to fit the system to their needs and I believe San Jose needs to do the same. Get officers more adapted to technology: with time they will understand that technology is there to make their personal and professional lives better. Resistance is an emotional response based on feelings. You cannot talk people out of their emotions. In fact, their emotions become fiercer when they sense that their feelings are being challenged. An alternative and more effective approach is to ask about the concerns regarding the change. Talk to the officers to know what is holding them back. I think some workshops and/or meetings with experts in technology would give them an idea of what is available to them. I am sure a touch screen computer with many icons and items can be scary to some of them, but after they understand how to use everything they will truly take advantage of it.