Thursday, November 14, 2019
Comparing Washington Irvings Rip Van Winkle and Americas War of Indep
Parallels in Washington Irving's Rip Van Winkle and America's War of Independence The story of Rip Van Winkle is well known throughout American culture. As one of America's most popular short stories, few school children have not heard of Rip Van Winkle's twenty-year slumber or imagined his long, gray beard. In the telling and re-telling of this mysterious tale, the original context of the story itself has, for the most part, been forgotten. Few Americans are aware of how the story originated, and in what context it was first presented to the public. "Rip Van Winkle" first appeared as a part of Washington Irving's The Sketch Book. This was a collection of various short works, ideas, thoughts, and pictures. "Rip van Winkle" was only a part of this collection, but eventually gained a great deal of popularity in its own right. When considering this story, it is important to keep in mind the original context and its relation to other works within The Sketch Book. However, as "Rip Van Winkle" has stood on its own in American culture, there is also a place for examining the story apart from The Sketch Book. When doing this, certain symbolism becomes apparent. Washington Irving uses symbolism in "Rip Van Winkle" to relate Rip's life and experiences to the situation of the American colonies in relation to Great Britain and the War of Independence. In this interpretation of the symbolism in "Rip Van Winkle", the marriage between Rip Van Winkle and Dame Van Winkle represents the union between the American colonies and Great Britain. The characters themselves possess certain attributes which symbolize the perceived characteristics of the two entities. Dame Van Winkle is usually unhappy with Rip. She has cer... ...respectively. Rip's experience in the Kaatskill Mountains ultimately sheds light on the changes of the American public, and Washington Irving accomplishes his purpose of establishing a tradition for the American short story. Works Cited Barbarese, JT. "Landscapes of the American Psyche." Sewanee Review. 100 (1992): 599-603. Dawsone, Hugh J. "Recovering 'Rip Van Winkle': A Corrective Reading." Lauter, Paul, ed. The Heath Anthology of American Literature. Boston: Houghton Mifflin, 1988. Rubin-Dorsky, Jeffrey. "The Value of Storytelling: 'Rip Van Winkle' and 'The Legend of Sleepy Hollow' in the Context of The Sketch Book". Modern Philology. 82:4 (1985): 393-406. Shear, Walter. "Cultural Fate and Social Freedom in Three American Short Stories." Studies in Short Fiction. 25:3 (1988): 249-259.
Tuesday, November 12, 2019
The Coca-Cola Company Essay
The Coca-Cola Company (KO) is a beverage company that manufacturer and distribute coke, diet coke and other soft drinks worldwide. The company primarily offers nonalcoholic beverages, including sparkling beverages and still beverages. Its sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters. The companyââ¬â¢s still beverages comprise nonalcoholic beverages without carbonation, including noncarbonated waters, flavored and enhanced waters, noncarbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. It also provides flavoring ingredients, sweeteners, beverage ingredients, and fountain syrups, as well as powders for purified water products. In addition, the company licenses its technologies to suppliers and third parties. The company is currently employing 130,600 full time employees and is considered being the world leader in the bev erage industry. Financial Review of the company: A. Market value of equity & Book value of equity ââ¬â Market value of the equity of the company is the current market capitalization rate and it measured through by multiplying current market value of the share into the total number of shares outstanding and he market capitalization of the company as on 2nd October, 2014 is $187.10 billion (source: finance.yahoo=KO=key statistics). While the book value of the equity is the current book value of the company share and it is determined as under: Book value of equity = Total value of the equity / shares outstanding Book value = $7.77 (source: finance.yahoo=KO=key statistics). It is important to note that the book value of the shares of the company has increased from $3.29 per share in 2004 to $7.77 per share uptill now (it was $7.54 per share in the year 2013) B. Market performance ââ¬â Total Return C. Financial performance review ââ¬â The financial performance review of the company is as under: Gross profit margin ââ¬â The gross profit margin of the company was 65.2% as at year 2004 but it has decreased to 60.7% in the year 2013 indicating a decline of 5.5% over this review period. The decrease in the gross profit is due to the increase in the cost of goods sold ratio asà of revenue from 34.78% in the year 2004 to 39.32% in the year 2013. Operating profit margin ââ¬â The same trend of the decrease in the profitability is noted in the operating profit margin of the company as it has decreased from 25.9% in the year 2004 to 21.8% in the year 2013. This decrease in profitability is an alarming sign for the company as despite the increase in the revenue, the company was not able to generate profitability in the same proportion as that of the increase in the revenue of the company. Payout ratio ââ¬â The dividend payout has increased from 50% in the year 2004 to 58.8% in the year 2013 indicating higher proportion of income is being paid out to the shareholders of the company Asset turnover ââ¬â The relative increase in the assets of the company has resulted in decrease of asset turnover as it has decreased from 0.75 times in the year 2004 to 0.53 times in the year 2013 indicating the poor management of assets with respect to revenue generation Return on assets ââ¬â ROA has also decreased from 16.52% in the year 2004 to 9.74% in the year 2013 due to the decrease in the profitability and increase in the asset base of the company Return on equity (ROE) ââ¬â ROE of the company has also decreased from 32.29% in the year 2004 to 26.03% in the year 2013 due to the decrease in the profitability of the company Interest coverage ratio ââ¬â The company first interest coverage ratio was determined in the year 2008 and it was 17.98 times. It has increased to 25.79 times in the year 2013 indicating an improvement in the overall interest coverage of the company. Liquidity of the company ââ¬â The liquidity of the company as being measured through current and quick ratios is indicating a positive trend as current ratio was 1.10 in the year 2004 and it has increased to 1.13 in the year 2013. On the other hand, quick ratio has increased from 0.81 in the year 2004 to 0.90 in the year 2013. Efficiency of the company ââ¬â Days Sales Outstanding of the company has increased from 35.42 days in the year 2004 to 37.52 days in the year 2013. Also, the Days Inventory has also increased from 63.84 days in the year 2004 to 64.8 days in the year 2013. Payables Period has decreased tremendously as it has decreased from 199.3 days in the year 2004 to 38.66 days in the year 2013. Cash Conversion Cycle of the company has improved as it has increased from -100.04 days in the year 2004 to 63.66 days in the year 2013. D. References: finance.yahoo. (2nd October). Key Statistics. Retrieved October 2, 2014, from http://finance.yahoo.com/q/ks?s=KO+Key+Statistics Morning Star. (2nd October). Coca-Cola Co KO (Key Ratios & company performance). Retrieved October 2, 2014, from http://financials.morningstar.com/ratios/r.html?t=KOà ®ion=usa&culture=en-US
Sunday, November 10, 2019
A Class Without A Teacher Essay
One of the most awaited moment in school life- Absence of a teacher in class. This is the time when a classroom can change into a parliament, jungle, market or even a mix of everything! Gossip, food, naughtiness, laughter and craziness overrule books, law, discipline and silence. The most perfect time to relax and enjoy and exercise our right to freedom of everything we can think of. Beings students, our prime motive is to break rules, have fun and cherish the good memories rather than crying over bad times, abiding school rules, stay numb and work like robots. Once a teacher enters the classroom, we find silence at its perfectness and everyone is busy with their assigned work. But after all, students are students and once the teacher leaves, shall their true identities be revealed. Teaching by video conferencing makes a classroom without physical presence of teacher. This kind of advancement in teaching slowly minimizes the personal care and interactive nature of teacher. Now, weââ¬â¢re focused on giving teachers the support they need to excel in the classroom. That support should come in many forms, including individualized professional development, cutting-edge educational technology and state-of-the-art lesson plans. One of the things I hear most often when I talk to teachers is that theyââ¬â¢re eager for more chances to work together, to learn from each other. New teachers want regular access to colleagues with experience who can help them grow into the profession. Experienced teachers, likewise, want to become leaders in their schools by mentoring new teachers. I was recently talking to teachers in Denver, an innovative school district that is trying some new approaches. They told me one of the best changes is a new emphasis to work in groups. They said the spirit of the collaboration reminds them of why they became teachers in the first place. Perhaps most importantly, teachers must have a voice in creating the future of teaching. They have a unique understanding of where their profession needs to go and what they need to do their best work for students. We have an obligation to benefit from their wisdom. That is why all the work we do at the foundation is in partnership with teachers.
Thursday, November 7, 2019
Your Online Reputation â⬠inspired by the Harvard Business Review
Your Online Reputation ââ¬â inspired by the Harvard Business Review Last week I covered the issue of Facebook privacy in my article Facebook Privacy? Whatââ¬â¢s that? à While Facebook raises many privacy issues, your online footprint as a job seeker extends far beyond your Facebook profile. Even if you have avoided Facebook altogether, chances are you have not completely avoided the internet; and this means that you have an online reputation that can be explored- and exploited- by potential employers. The Harvard Business Review published an article on April 3, 2012 by Michael Fertik entitled, ââ¬Å"Your Future Employer is Watching You Online. You Should be Too.â⬠à Before I read this article, I had not fully considered all the different ways employers might be researching candidates. I had seen statistics, which à Fertik also shares, that more than 75% of employers actively research candidates online (note this was a December 2009 statistic from Microsoft and is probably higher now), and that more than 70% of employers have decided not to hire a candidate based on what they have found online. I assumed that recruiters were looking at major social media sites like Facebook and LinkedIn; but according to this HBS article, recruiters dig much more deeply, looking through ââ¬Å"shopping profiles, online gaming sites, classifieds and auction sites (think eBay and craigslist) ââ¬â and even in virtual worlds like SecondLife!â⬠You are always a shopper ââ¬â and you are always the shopped Are you as amazed as I am at the extent of targeted advertising on the web? I get Facebook ads put in front of me for services relating to yoga, healthy diet and personal growth, probably because of the yoga videos, green drinks and books I search for and/or purchase on Amazon. Google has made it spookily easy for advertisers to discover my personal preferences. Clearly, if advertisers can do it, employers can too. There is basically nothing to stop employers from profiling their ideal candidate based on qualities like political inclinations, preferred leisure activities, diet, languages, etc. Of course job history and skills are still the primary considerations, but to narrow down the field, screening for other traits seems a natural extension of what advertisers do every day. Employers can search for you almost like they would for a pair of shoes. What Fertik drives home is that in todayââ¬â¢s world, you are really always a job seeker whether you want to be or not. You *are* being researched. Whether you are found is another story. But if you are, youââ¬â¢ll want to look good when the right company finds you. Steps to take In addition to shopping only for items that do not cast doubt on your character, and of course ensuring that your Facebook and LinkedIn profile are professionally presented, there are additional steps you can take to manage your online reputation. Here are three important ones mentioned by Fertik: Check your own Google results. The first five results should make you look good. If they donââ¬â¢t, itââ¬â¢s time for an overhaul of your online reputation. Maybe itââ¬â¢s even time to create a website with the URL firstnamelastname.com or as close as you can get. Does an unsavory character share your first and last name? In that case, address it up front with employers whenever possible so they know to look beyond those initial results. Establish yourself as a skilled professional online. Participate in reputable forums, LinkedIn groups, and anywhere else where you can establish thought leadership online. Donââ¬â¢t assume anything is private. There is always a chance that emails, e-photos, etc. will somehow be discovered or appropriated by a spammer. Privacy settings do not protect you the way you might like. Have you Googled yourself lately? What did you find? Are you active in online forums? Do you think you would be chosen by an employer for the job you want? Please share your thoughts below.
Tuesday, November 5, 2019
Henry Ford and the Auto Assembly Line
Henry Ford and the Auto Assembly Line Cars changed the way people lived, worked, and enjoyed leisure time; however, what most people donââ¬â¢t realize is that the process of manufacturing automobiles had an equally significant impact on the industry. The creation of the assembly line by Henry Ford at his Highland Park plant, introduced on December 1, 1913, revolutionized the automobile industry and the concept of manufacturing worldwide. The Ford Motor Company Henry Ford was not a newcomer to the business of automobile manufacturing. He built his first car, which he christened the ââ¬Å"Quadricycle,â⬠in 1896. In 1903, he officially opened the Ford Motor Company and five years later released the first Model T. Although the Model T was the ninth automobile model Ford created, it would be the first model which would achieve wide popularity. Even today, the Model T remains an icon for the still-existing Ford Motor Company. Making the Model T Cheaply Henry Ford had a goal of making automobiles for the multitudes. The Model T was his answer to that dream; he wanted them to be both sturdy and cheap. In an effort to make Model Tââ¬â¢s cheaply at first, Ford cut out extravagances and options. Buyers couldnââ¬â¢t even choose a paint color; they were all black. By the end of production, however, the cars would be available in a wide variety of colors and with a wide variety of custom bodies. The cost of the first Model T was set at $850, which would be approximately $21,000 in todayââ¬â¢s currency. That was cheap, but still not cheap enough for the masses. Ford needed to find a way to cut down the price even further. Highland Park Plant In 1910, with the aim of increasing manufacturing capacity for the Model T, Ford built a new plant in Highland Park, Michigan. He created a building that would be easily expanded as new methods of production were incorporated. Ford consulted with Frederick Taylor, creator of scientific management, to examine the most efficient modes of production. Ford had previously observed the assembly line concept in slaughterhouses in the Midwest and was also inspired by the conveyor belt system that was common in many grain warehouses in that region. He wished to incorporate these ideas into the information Taylor suggested to implement a new system in his own factory. One of the first innovations in production that Ford implemented was the installation of gravity slides that facilitated the movement of parts from one work area to the next. Within the next three years, additional innovative techniques were incorporated and, on December 1, 1913, the first large-scale assembly line was officially in working order. Assembly Line Function The moving assembly line appeared to the onlooker to be an endless contraption of chains and links that allowed Model T parts to swim through the sea of the assembly process. In total, the manufacturing of the car could be broken down into 84 steps. The key to the process, however, was having interchangeable parts. Unlike other cars of the time, every Model T produced on Fords line used the exact same valves, gas tanks, tires, etc. so that they could be assembled in a speedy and organized fashion. Parts were created in mass quantities and then brought directly to the workers who were trained to work at that specific assembly station. The chassis of the car was pulled down the 150-foot line by a chain conveyor and then 140 workers applied their assigned parts to the chassis. Other workers brought additional parts to the assemblers to keep them stocked; this reduced the amount of time workers spent away from their stations to retrieve parts. The assembly line significantly decreased the assembly time per vehicle and increased the profit margin. Assembly Line Customization As time passed, Ford used assembly lines more flexibly than he is generally given credit for. He used multiple parallel lines in a start-stop mode to adjust output to large demand fluctuations. He also used sub-systems which optimized extraction, transportation, production, assembly, distribution, and sales supply chain systems.à Perhaps his most useful and neglected innovation was the development of a way to mechanize production and yet customize the configuration of each Model T as it rolled off the block. Model T production had a core platform, a chassis consisting of engine, pedals, switches, suspensions, wheels, transmission, gas tank, steering wheel, lights, etc. This platform was continually being improved. But the body of the car could be any one of several types of vehicles: auto, truck, racer, woody wagon, snowmobile, milk wagon, police wagon, ambulance, etc.à At peak, there were eleven basic model bodies, with 5,000 custom gadgets that were manufactured by external companies that could be selected by the customers. Impact of the Assembly Line on Production The immediate impact of the assembly line was revolutionary. The use of interchangeable parts allowed for continuous workflow and more time on task by laborers. Worker specialization resulted in less waste and a higher quality of the end product. Sheer production of the Model T dramatically increased. The production time for a single car dropped from over 12 hours to just 93 minutes due to the introduction of the assembly line. Fordââ¬â¢s 1914 production rate of 308,162 eclipsed the number of cars produced by all other automobile manufacturers combined. These concepts allowed Ford to increase his profit margin and lower the cost of the vehicle to consumers. The cost of the Model T would eventually drop to $260 in 1924, the equivalent of approximately $3,500 today. Impact of the Assembly Line on Workers The assembly line also drastically altered the lives of those in Fordââ¬â¢s employ. The workday was cut from nine hours to eight hours so that the concept of the three-shift workday could be implemented with greater ease. Although hours were cut, workers did not suffer from lower wages; instead, Ford nearly doubled the existing industry-standard wage and began paying his workers $5 a day. Fordââ¬â¢s gamble paid off- his workers soon used some of their pay increases to purchase their own Model Ts. By the end of the decade, the Model T had truly become the automobile for the masses that Ford had envisioned. The Assembly Line Today The assembly line is the primary mode of manufacturing in the industry today. Automobiles, food, toys, furniture, and many more items pass down assembly lines worldwide before landing in our homes and on our tables. While the average consumer does not think of this fact often, this 100-year-old innovation by a car manufacturer in Michigan changed the way we live and work forever. Sources and Further Reading Alizon, Fabrice, Steven B. Shooter, and Timothy W. Simpson. Henry Ford and the Model T: Lessons for Product Platforming and Mass Customization. Design Studies 30.5 (2009): 588ââ¬â605. Print.Upward, Geoffrey C. A Home for Our Heritage: The Building and Growth of Greenfield Village and Henry Ford Museum. Dearborn, Michigan: The Henry Ford Museum Press, 1979. Print.Wilson, James M. Henry Ford Vs. Assembly Line Balancing. International Journal of Production Research 52.3 (2014): 757ââ¬â65. Print.
Sunday, November 3, 2019
E-Banking and the Leadership Essay Example | Topics and Well Written Essays - 1500 words
E-Banking and the Leadership - Essay Example Leadership and management are closely related but it can be easily said that leadership ability is an essential part of managing effectively. The differences between management and leadership lie in their motivation styles. For leaders, the leadership styles tend to be transformational or transactional whereas mangers tend to be more authoritative. Leaders have a vision and they are oriented towards driving a change. As for managers they are more focused on adapting to changes and implementation and achievement of goals. There is also a difference between the personality types of leaders and managers. While managers tend to try to achieve stability leaders are more inclined towards risks from changes. (Brown, 2009) Thus it may seem that management and leadership emerge from different ends of the spectrum but in reality the qualities of a good leader and manager compliment and enhance each other. Thus though these are two different approaches they tend to work well with each other bri nging about the best in the organization and from its people. Leadership and management has been a focus of many studies which have traced the roots of leadership characteristics as well as studied the different kinds and dimensions of leadership. A brief overview of these studies done over a long period of time is taken to draw conclusions about leadership and the basic differences between management and leadership.... There are multiple theories of leadership which explain whether leaders are born or evolved. They also describe the kinds and the qualities of effective leaders. There are also studies which identify different types of leaders. As compared to this the basic management functions consist of Planning, organizing, leading, controlling, decision making and problem solving. The University of Iowa studies The University of Iowa studies in the 1930's identifies 3 broad styles of leadership. They were labeled authoritarian, democratic and Laissez fair. The authoritarian leader was directive I his style and did not encourage participation from his followers. The democratic leader encouraged discussion and participation and tried to be objective. Nevertheless he was the one who made the decisions. In contrast the laissez fair leader allowed complete freedom to the followers to make and follow their own decisions. (Martin, 2005, p. 351) Trait theory These traditional theories of leadership inclu de the Trait theory of leadership which distinguishes leaders from non-leaders. It says that there are personal qualities and characteristics which define a leader and that leaders are born and cannot be made. Leaders are described as courageous, enthusiastic and charismatic and examples include Mahatama Gandhi and Nelson Mandela. Research later validated that all leadership traits can be broadly categorized under the Big Five traits of leadership which were extraversion, conscientiousness, openness to experience, agreeableness and emotional stability. Recent studies have also found that emotional intelligence is strongly linked to effective leadership. (Robbins, 2010, p. 174) Behavioural theories The behavioural theories of leadership focused on observable behaviours
Friday, November 1, 2019
Assignment in medicine Essay Example | Topics and Well Written Essays - 500 words - 1
Assignment in medicine - Essay Example The article is under social & administrative pharmacy. The research topic is ââ¬Å"A Pharmacy-Based Coaching Program to Improve Adherence to Antidepressant Treatment among Primary Care Patients.â⬠this article is under the ââ¬Å"social & administrative pharmacyâ⬠pharmacy discipline because of the coaching program and its inclusion of antidepressant care to primary care patients exclusively. A social aspect arises from the study being published in the journal ââ¬Å"Psychiatric Servicesâ⬠(Brook, Hout, Stalman, Nieuwenhuyse, Bakker, Heerdink, and Haan 487). This publisher means the study focused less on the effectiveness or lack thereof of drugs, and more on the coaching program. The study is important because training patients to identify their drugs and telling depressed patients what to expect can enhance their adherence to antidepressant medication. The articleââ¬â¢s objective is to enhance adherence to nontricyclic antidepressant regimens amongst depressed patients via a pharmacist involvement. Yes, the researchers used a statement of hypothesis, which was that ââ¬Å"positive expectations and a belief in the benefits and efficacy of treatment [are] essential to adherenceâ⬠(Brook, Hout, Stalman, Nieuwenhuyse, Bakker, Heerdink, and Haan 488). Independent variables involved in this study are patients with and without depression, pharmacists, an ethical committee, symptoms, and coaches. Dependent variables were the community clinic, pharmacy, randomized regimens, themes, computerized prescriptions, and protocol analyses. The population of the study was a sum of 147 primary care patients diagnosed with depression. The sample included a new prescription of antidepressant medicine for each of these patients, coaching pharmacists, and different prescribing pharmacists. The sampling procedure entailed prescribing new antidepressant medication to each of the patients and measuring their adherence by use of an electronic tablet
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