How Is the Story Told in Chapter 1 of the Great Gatsby free essay sample

All through section one of The Great Gatsby, Fitzgerald fluctuates in procedure to recount to the story. He utilizes the character Nick Carraway to begin the section by having him describe. Furthermore, all through Chapter 1 we are acquainted with numerous different characters, for example, Tom, Jordan, Daisy and Gatsby. The utilization of narrational voice is significant in The Great Gatsby as Fitzgerald has made the character Nick, not exclusively to portray the story, yet in addition be a key individual in the novel. This includes an individual touch, however it could likewise make portions of story inclination or off base. We get alluded to this error when Nick says I have been tanked twice in my life, and the subsequent time was that evening. We can see that his portrayal might be wrong as he was affected by liquor, so he will be unable to recall portions of the story so well. We will compose a custom exposition test on How Is the Story Told in Chapter 1 of the Great Gatsby or on the other hand any comparative point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Each character is portrayed through the narrator’s voice and hence the discernments and musings of each character are affected by Nick and his perspectives. The individual conveyance of the story urges us to peruse on. This is down to Nicks innovative style of recounting to the story. Fitzgerald has made the character Nick to basically recount to the story and to have the chance to include individual decisions. In spite of the fact that the character more than once concedes that he doesnt make these decisions; this is a conflicting articulation, and all through the principal section Nick consistently breaks this. The initial hardly any pages can be depicted as a short outline of Nick Carraway and his life where as a peruser we make and build up our view of his character. Through the early synopsis, In my more youthful and more , Nick is summing up his life; it seems as though he is shortening and rapidly portraying previews of his life. Fitzgerald has made the character of Nick as a member of the story, in spite of the fact that he is to a greater extent an observer. The concise starting synopsis is then trailed by And so it happened that on a warm blustery night.. which can stamp the start of the account and again shows the shrewd way that Fitzgerald has utilized Carraways character as a member and an author of the Gatsby story. This account method focuss the perusers consideration and makes a connection between the peruser and the character of Nick as it feels like he is expressly transferring the story. While through the later phases of the Chapter the other young lady, Daisy, made an endeavor is considerably more graphic and film like. By and large Fitzgerald utilizes various strategies to recount to the story on Chapter 1. One of these being, having Nick be a storyteller as well as a character. This adds to the general conveyance of Chapter 1 as well as the entire novel.

Breathless Film Essay Essay Example

Short of breath Film Essay Example Short of breath Film Essay Paper Short of breath Film Essay Paper In the film, Michael Postcard is a frivolous criminal who takes a vehicle and when a pop makes up for lost time to him, postcard frenzies and shoots him dead. He at that point departures to Paris to accumulate cash to disappear to Italy and to get together with his American sweetheart Patricia. The remainder of the film is him going around attempting to persuade Patricia to go to Italy with him and discover Antonio who can assist him with escaping France.. At long last Patricia advises on him to the cops and he is shot in the city however continues running until he crumples and passes on short of breath. Two key snapshots of the film are when Postcard sees Patricia kissing the other American and when Patricia reveals to him that she called the cops. They tooth mirror the unavoidable topic of trust and love found all through the film and appear to offer the expression that affection is blinding and devouring. Indeed, even to his last second, Postcard doesnt quit cherishing Patricia regardless of whether she betrayed him. The arrangement that best speaks to the topical is where, considerably in the wake of being double-crossed by her, he shows he despite everything adores her with the individual faces game and lets her off with a light advising before he dies. The title, Breathless, alludes straightforwardly to the closure of the film where Postcard continues running until he is actually winded and bites the dust. In a less strict understanding the title could speak to how the primary character is exhausted from driving his present way of life (not on the grounds that he needs to transform it but since its getting up to speed to him) just as his blinding affection for Patricia which removes his breath leaving him reluctant and prompting his passing. 1) The melodic subject is rehashed different occasions all through the score and goes about as an approach to elevate emotional inquiry just as add to Michel Postcards portrayal (its smooth yet undermining) . Its unfavorable organization (apropos titled La Mort) blocks passing since the start inning with the cop and at last Postcards own. 6) The altering is striking in that it utilizes exploratory hop cuts intensely which at the time were very against the standard. It makes a truly intriguing impact in light of the fact that while it brings some regard for itself, taking away from the hallucination of genuine congruity, it does as such in a way that is very compelling. Have an inclination that our minds will acknowledge this introduction of a story since sins this precisely what we do while reviewing an occasion: alter out the exhausting parts? For me by and by once you become accustomed to (it felt somewhat abnormal from the start) it truly keeps you occupied with the story since it makes time increasingly effective.

How Common Is Borderline Personality Disorder

How Common Is Borderline Personality Disorder BPD Print How Common Is Borderline Personality Disorder? By Kristalyn Salters-Pedneault, PhD Kristalyn Salters-Pedneault, PhD, is a clinical psychologist and associate professor of psychology at Eastern Connecticut State University. Learn about our editorial policy Kristalyn Salters-Pedneault, PhD Updated on September 18, 2019 Levi Bianco / Getty Images More in BPD Diagnosis Treatment Living With BPD Related Conditions Borderline personality disorder (BPD) is much more common than you might imagine. A recent study on the prevalence of mental health disorders in the U.S. found that about 1.6 percent  of the population has BPD. While that number may sound small, that means that there are more than four million people with BPD in the U.S. alone. Although many people have never heard of BPD, it is actually more common than many well-known disorders, such as schizophrenia. There is a large difference in the prevalence of BPD in women versus men; women are much more likely to be diagnosed with BPD. In fact, about 75 percent of those diagnosed with BPD in the U.S. are women. However, it is not known whether women are actually more prone to develop BPD or whether this is due to gender biases in the diagnosis of BPD. For example, it may be that men with the symptoms of BPD are just more likely to be misdiagnosed with other conditions like post-traumatic stress disorder or major depressive disorder. Misdiagnosis as Bipolar Disorder In addition, that 1.6 percent  statistic may not be accurate because many people with BPD have not yet been diagnosed or they have been misdiagnosed. In one study from Brown University, more than forty percent of those with BPD had originally been misdiagnosed as having bipolar disorder. One hypothesis for this issue is that bipolar disorder is more easily treated through medication, so it is more commonly diagnosed so that symptoms can be quickly managed with a prescription. Misdiagnosis can be a serious problem, as no medications have been approved by the Food and Drug Administration (FDA) for BPD. Medications for bipolar disorder are often ineffective in treating BPD. BPD patients who have been misdiagnosed may then be exposed to dangerous side effects from their prescriptions. Some patients have reported issues with endocrine and cardiac problems after taking these prescriptions. While bipolar disorder and borderline personality disorder may share some symptoms, they are very different diseases. Bipolar disorder can cause severe depression or mood swings, but in between episodes, those with bipolar are able to function normally. Those with BPD may have a more chronic condition that can cause self-harming behaviors or suicidal tendencies. When a bipolar disorder patient is rapidly cycling, they can exhibit destructive or harmful behaviors very similar to BPD. Misdiagnosis is extremely common during these phases. What Is Rapid-Cycling Bipolar Disorder? Another fact that makes defining the two more difficult is that some people can actually have both diseases. About 20 percent  of those with borderline personality disorder have been found have bipolar disorder as well. Finally, other patients with BPD go undiagnosed because they refuse to seek treatment. Whether they feel they dont need help or that counseling will be useless, many people go without therapy and struggle with BPD on their own. With these issues in mind, it is likely that the number of people with borderline personality disorder is much higher than 1.6 percent, but that is the only number researchers have been able to find evidence to support. Why People With BPD Refuse Treatment

How Common Is Borderline Personality Disorder

How Common Is Borderline Personality Disorder BPD Print How Common Is Borderline Personality Disorder? By Kristalyn Salters-Pedneault, PhD Kristalyn Salters-Pedneault, PhD, is a clinical psychologist and associate professor of psychology at Eastern Connecticut State University. Learn about our editorial policy Kristalyn Salters-Pedneault, PhD Updated on September 18, 2019 Levi Bianco / Getty Images More in BPD Diagnosis Treatment Living With BPD Related Conditions Borderline personality disorder (BPD) is much more common than you might imagine. A recent study on the prevalence of mental health disorders in the U.S. found that about 1.6 percent  of the population has BPD. While that number may sound small, that means that there are more than four million people with BPD in the U.S. alone. Although many people have never heard of BPD, it is actually more common than many well-known disorders, such as schizophrenia. There is a large difference in the prevalence of BPD in women versus men; women are much more likely to be diagnosed with BPD. In fact, about 75 percent of those diagnosed with BPD in the U.S. are women. However, it is not known whether women are actually more prone to develop BPD or whether this is due to gender biases in the diagnosis of BPD. For example, it may be that men with the symptoms of BPD are just more likely to be misdiagnosed with other conditions like post-traumatic stress disorder or major depressive disorder. Misdiagnosis as Bipolar Disorder In addition, that 1.6 percent  statistic may not be accurate because many people with BPD have not yet been diagnosed or they have been misdiagnosed. In one study from Brown University, more than forty percent of those with BPD had originally been misdiagnosed as having bipolar disorder. One hypothesis for this issue is that bipolar disorder is more easily treated through medication, so it is more commonly diagnosed so that symptoms can be quickly managed with a prescription. Misdiagnosis can be a serious problem, as no medications have been approved by the Food and Drug Administration (FDA) for BPD. Medications for bipolar disorder are often ineffective in treating BPD. BPD patients who have been misdiagnosed may then be exposed to dangerous side effects from their prescriptions. Some patients have reported issues with endocrine and cardiac problems after taking these prescriptions. While bipolar disorder and borderline personality disorder may share some symptoms, they are very different diseases. Bipolar disorder can cause severe depression or mood swings, but in between episodes, those with bipolar are able to function normally. Those with BPD may have a more chronic condition that can cause self-harming behaviors or suicidal tendencies. When a bipolar disorder patient is rapidly cycling, they can exhibit destructive or harmful behaviors very similar to BPD. Misdiagnosis is extremely common during these phases. What Is Rapid-Cycling Bipolar Disorder? Another fact that makes defining the two more difficult is that some people can actually have both diseases. About 20 percent  of those with borderline personality disorder have been found have bipolar disorder as well. Finally, other patients with BPD go undiagnosed because they refuse to seek treatment. Whether they feel they dont need help or that counseling will be useless, many people go without therapy and struggle with BPD on their own. With these issues in mind, it is likely that the number of people with borderline personality disorder is much higher than 1.6 percent, but that is the only number researchers have been able to find evidence to support. Why People With BPD Refuse Treatment

The New Geopolitics Of Energy Essay - 710 Words

Carlos Pascual, The New Geopolitics of Energy, Center on Global Energy Policy, Columbia University, September 2015, 37 pp. Article Synopsis: â€Å"The new Geopolitics of Energy† is an overall synopsis of how energy is linked to geopolitics, and how the United States has emerged over the past decade as a major hydrocarbon producer and exporter, which has resulted in the changing the nations posture globally. Of note, Pascual highlights the point that the U.S. has found a new borne power that it can wield geopolitically, and can even further its international objectives. However, it must wield that control very carefully and with finesse, because if done poorly could have far reaching ramifications. Managing this power will not be easy and may take some formidable resources, and the U.S. is not well versed in the unique way that OPEC and the major oil producing nations conduct business. He stresses that energy markets and foreign policy are not static and that the U.S. has to fully understand the intricacies of both. The article is broken into three sections. Part one of the paper addresses the fundamentally new foundations for global oil and gas supplies that stem from the unconventional energy revolution in the United States. This was accomplished by employing new technologies that combine horizontal drilling with hydraulic fracturing, also known as â€Å"fracking† to release oil and gas from the layers of shale and new cost reducing technologies. This increased oil production inShow MoreRelatedGlobalization and Geopolitics Energy934 Words   |  4 Pagesbelieved that globalization is rendering the concepts of geopolitics and the great powers, it is only enhancing the strategies of those whose aims it is to take control. Globally, the population provides the excuses many super powers need to carried out their power manipulation and seek out natural resources. Geopolitics has evolved and grown because of globalization and super powers are constantly rewriting their own policies and setti ng new trends for their sustainable doctrines. Globalization hasRead MoreThe Threat Of The Outer Space870 Words   |  4 PagesAdam: You used a sentence of â€Å"The true worth of Airpower in understanding geopolitics seems to come from how airpower makes geography more accessible† about air power, which is correct, and I agree with you. For the outer space, your outcome and principle idea is â€Å"While outer space may be a new geostrategic concern for developed states, the financial cost of its use will make it an impossibility for weaker states. This doesn’t necessarily mean that weaker states do not see the value in outer spaceRead MoreThe Discovery Of Oil And Its Effects On The World With Energy1506 Words   |  7 PagesIn 1958, oil was first discovered in Nigeria. The discovery has led to the transition from agriculture-based economy to that of oil economy. One would believe that a country that produces a numerous amount of oil used to support the world with e nergy would have improved domestic infrastructures and economic development. Unfortunately, this is not the case in Nigeria. Nigeria has suffered since the discovery of oil and is still suffering till this day. Not only has it created conflicts between otherRead MoreSecurity of Pipelines in Eurasia Essay1918 Words   |  8 PagesIntroduction The geopolitics in Eurasia along with the implications of energy security as well as the risks and opportunities it creates for the U.S. is understood when the layers of conflict and negotiations are analyzed through the various topics that affect international policies. Through the concepts based on energy, politics, security pipelines in Eurasia, international transit integration, and the energy world order, can the conceptual argument be made that natural resources are temporaryRead MoreHow The Geopolitics Central Asia Affected China s Ability Of Securing Its Energy Resources From The Region?2032 Words   |  9 PagesHow has the Geopolitics in Central Asia affected China’s ability in securing its Energy Resources from the Region? There is a significant change in the order of energy in the world, and there is the need of China to enforce its ability in becoming one of the major forces in global markets, and in the geopolitics that occur regarding energy. There are opportunities and challenges that are created as China aims to expand its global and regional linkages as they look for security in the supply ofRead MoreUkraine : The Longest Period Of Ukrainian Independence995 Words   |  4 Pageswith many sources of minerals and agricultural products but even more importantly its a strategically located country and to understand the geopolitical value of Ukraine we have to take a look at the history. In fact one can learn to understand geopolitics just by reading Ukrainiean history. This was a country which at time was part of the Ottoman, Polish and Austrain Empires so Ukraine has been on the borders of empires in fact the name itself is derived from a word meaning borderlands. And as mostRead MoreThe Successf ul Outcome Of The United Nations Essay1044 Words   |  5 Pagesfor greater energy efficiency? †¢ Ample supply is keeping downward pressure on fossil fuel prices, coal, oil and natural gas. 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The World Energy Outlook 2016Read MoreCorrelations Between Population and Pollution993 Words   |  4 Pagesincrease in goods movement resulting in air pollution. Like this, population growth affects air pollution. In order to solve air pollution, science is applied such as developing renewable energy. Nowadays, there are solar powered cars, heating, etc. These things don’t emit greenhouse gases. The development of renewable energy will solve the air pollution caused from population growth. NASA scientists performed an experiment to examine how the amount of pollution is influenced by the population density inRead MoreArgumentative Essay - Rising Gas Prices: Who Is to Blame?928 Words   |  4 Pagesthe actual mess the pipeline could cause. This pipeline is already running through Canada from Alberta and would continue through Montana, South Dakota, Nebraska, Kansas, Oklahoma and Texas (Amadeo). This oil is a very dirty and expensive form of energy. The tar sands oil is made mostly of sand, clay and water and is very environmentally destructive. During the process it emits poisonous runoff, which would pollute water, uses large amounts of natural gas and water to extract oil. Forming of this

Causes and Preconditions for the Industrial Revolution

Historians may disagree on most aspects of the Industrial Revolution, but one thing they do agree on is that 18th-century Britain experienced a huge change in the economic field of goods, production and technology, and the social sphere (through urbanization and treatment of workers). The reasons for this change continue to fascinate historians, leading people to wonder if there was a set of preconditions present in Britain shortly before the Revolution which enabled or allowed it to take place. These preconditions tend to cover population, agriculture, industry, transport, trade, finance, and raw materials. Preconditions for Industrialization in Britain Circa 1750 Agriculture: As a supplier of raw materials, the agricultural sector was closely linked to the industrial; this was the main source of occupation for the British population. Half of the arable land had been enclosed, while half remained in the medieval open field system. The British agricultural economy produced a large surplus of food and drink and had been labeled the Granary of Europe because of its exports. However, production was labor-intensive. Although there had been some new crops introduced, and there were problems with underemployment. Consequently, people had multiple occupations. Industry: Most industries were small scale, domestic and local, but traditional industries could meet the domestic demands. There was some inter-regional trade, but this was limited by poor transport. The key industry was wool production, bringing in a substantial portion of Britain’s wealth, but this was coming under threat from cotton. Population: The nature of the British population has implications for the supply and demand for food and goods, as well as the supply of cheap labor. The population had increased in the earlier part of the 18th century, especially closer to the middle of the era, and was mostly located in rural areas. The people were gradually accepting of social change and the upper and middle classes were interested in new thinking in science, philosophy. and culture. Transport: Good transport links are seen as a basic requirement for the Industrial Revolution, as the transport of goods and raw materials were essential for reaching wider markets. Generally, in 1750, transport was limited to poor quality local roads — a few of which were turnpikes, toll roads which improved speed but added cost — rivers, and coastal traffic. While this system was limited, interregional trade did occur, such as coal from the north to London. Trade: This had developed during the first half of the 18th century both internally and externally, with a great deal of wealth coming from the triangle slave trade. The main market for British goods was Europe, and the government maintained a mercantilist policy to encourage it. Provincial ports had developed, such as Bristol and Liverpool. Finance: By 1750, Britain had begun to move towards capitalist institutions — which are considered part of the development of the Revolution. The produce of trade was creating a new, wealthy class prepared to invest in industries. Groups like the Quakers have also been identified as investing in areas which contributed to the industrial boom. Raw Materials: Britain had the raw resources necessary for a revolution in plentiful supply. Although they were being extracted in abundance, this was still limited by traditional methods. In addition, the related industries tended to be nearby because of poor transport links, exerting a pull on where industry occurred. Conclusions Britain in 1870 had the following which has all been stated as necessary for an Industrial Revolution: good mineral resources, growing population, wealth, spare land and food, ability to innovate, laissez-faire government policy, scientific interest, and trading opportunities. Around 1750, all of these began to develop simultaneously. The result was a massive change. Causes of the Revolution As well as the debate over preconditions, there has been a closely-related discussion over the causes of the revolution. A wide range of factors is generally considered to have worked together, including: The end of medieval structures changed economic relationships and allowed for change.A higher population because of less disease and lower infant mortality allows for a larger industrial workforce.The Agricultural Revolution frees people from the soil, allowing — or driving — them into cities and manufacturing.Proportionally large amounts of spare capital were available for investment.Inventions and the scientific revolution allowed for new technology to increase and cheapen production.Colonial trade networks allowed the import of materials and the export of manufactured goods.The presence of all the required resources close together, such as coal near iron.Culture of hard work, risk-taking, and the development of ideas.Demand for goods.

Finance Case Study Free Essays

INSTRUCTOR: Mr. Konstantinos Kanellopoulos, MSc (L. S. We will write a custom essay sample on Finance Case Study or any similar topic only for you Order Now E. ), M. B. A. COURSE: MBA-680-50-SUIII12 Corporate Financial Theory SEMESTER: Summer Session III Case Study The Many Different Kinds of Debt (solutions) Konstantinos Kanellopoulos 22nd August 2012 CASE STUDY ON The many different kinds of debt It was one of Morse’s most puzzling cases. That morning Rupert Thorndike, the autocratic CEO of Thorndike Oil, was found dead in a pool of blood on his bedroom floor. He had been shot through the head, but the door and windows were bolted on the inside and there was no sign of the murder weapon. Morse looked in vain for clues in Thorndike’s office. He had to take another tack. He decided to investigate the financial circumstances surrounding Thorndike’s demise. The company’s capital structure was as follows: †¢ 5% debentures: $250 million face value. The bonds matured in 10 years and offered a yield of 12%. †¢ Stock: 30 million shares, which closed at $9 a share the day before the murder. Yesterday Thorndike had flatly rejected an offer by T. Spoone Dickens to buy all of the common stock for $10 a share. With Thorndike out of the way, it appeared that Dickens’s offer would be accepted, mush to the profit of Thorndike Oil’s other shareholders[1]. Thorndike’s two nieces, Doris and Patsy, and his nephew John all had substantial investments in Thorndike Oil and had bitterly disagreed with Thorndike’s dismissal of Dickens’s offer. Their stakes are shown in the following table: | |5% Debentures (Face Value) |Shares of Stock | |Doris |$4 million |1. 2 million | |John |0 |0. | |Patsy |0 |1. 5 | All debt issued by Thorndike Oil would be paid off at face value if Dickens’s offer went through. Morse kept coming back to the problem of motive. Which niece or nephew, he wondered stood to gain most by eliminating Thorndike and allowing Dickens’s offer to succeed? Help Morse solve the case. Which of Thorndike’s relatives stood to gain most from his death? Solutions THE SHOCKING DEMISE OF MR. THORNDIKE Minicase solution, Chapter 25 Principles of Corporate Finance, 9th Edition R. A. Brealey, S. C. Myers and F. Allen After the corpse was removed, police inspectors came to dust the bedroom for fingerprints. Morse knew they would find nothing. He walked down the marble staircase of Rupert Thorndike’s mansion and into the paneled library. He sat at a table in front of the fireplace, scarcely noticing the painting over it, Monet’s portrait of the legendary John D. Thorndike at Giverny. He turned on his laptop computer. Thorndike Oil had three classes of securities outstanding: $250 million of ebentures (face value), 30 million shares, and an issue of subordinated convertible notes. Morse had to calculate the change in the value of each security now that Thorndike was gone, and given the now near-certain acquisition of Thorndike Oil by T. Spoone Dickens. Table 1 reports Morse’s results. The notes summarize his reasoning. With Table 1 in hand, it was easy to calculate the increases in value due to the murder and resulting acquisition. Debt increased by 39. 5% of face value. Common stock increased by $1. 00 per share, and each convertible note increased from 103. 5% to 110% of face value (from $1039. 50 to $1100 per bond). Morse summed the gains to Doris, John and Patsy (see Table 2). Then he reached for his cell phone and dialed Chief Inspector Spillane. Thorndike Oil Table 1 Values of Thorndike Oil Securities Before and After the Murder | |Before |After | |Debt |$151. 25 million, |$250 million | | |60. % of face value |100% of face value | |Equity |$270 million, |$300 million, | | |$9 per share |$10 per share | |Convertible notes |103. 95% of |110% of | | |face value |face value | Notes 1. Debt, before: PV at 12% of the 5% coupon for 10 years, plus repayment of face value (100%) at year 10, is 60. 5% of the $250 million face value, or $151. 25 million. Debt, after: essentially risk-free. The debt will be repaid in short order and should trade very close to face value. The gain in market value is 1 – . 605 = . 395, or 39. 5% of face value. 2. Shares: Share price increases from $9. 00 to $10. 00. 3. Convertible notes: Conversion value before is 110 shares at $9 per share = $990 per $1,000 note. The bonds were trading at 5% over conversion value, or 1. 05? 90 = $1,039. 50. Note holders will convert prior to the takeover, receiving 110? 10 = $1,100. (If they don’t convert, they get only $1,000. ) In other words, the notes increase by 110 – 103. 95 = 6. 05% of face value. Thorndike Oil Table 2 Who Gained Most? (Figures in millions) | |Doris |John |Patsy | | | | | | |Debt |$1. 8 |0 |0 | | |(. 395? 4) | | | | | | | | |Stock |$1. 2 |$0. 5 |$1. | | |(1. 00 ? 1. 2) |(1. 00 ? .5) |(1. 00 ? 1. 5) | | | | | | |Convertible notes |0 |$0. 3025 |$0. 1815 | | | |(. 0605 ? 5) |(. 0605 ? ) | | |___________ |___________ |_________ | |Total |$2. 78 |$0. 8025 |$1. 6815 | ———————– [1] Rupert Thorndike’s shares would go to a charitable foundation formed to advance the study of financial engineering and its crucial role in world peace and progress. The managers of the foundation’s endowment were not expected to oppose the takeover. How to cite Finance Case Study, Free Case study samples Finance Case Study Free Essays INSTRUCTOR: Mr. Konstantinos Kanellopoulos, MSc (L. S. We will write a custom essay sample on Finance Case Study or any similar topic only for you Order Now E. ), M. B. A. COURSE: MBA-680-50-SUIII12 Corporate Financial Theory SEMESTER: Summer Session III Case Study The Many Different Kinds of Debt (solutions) Konstantinos Kanellopoulos 22nd August 2012 CASE STUDY ON The many different kinds of debt It was one of Morse’s most puzzling cases. That morning Rupert Thorndike, the autocratic CEO of Thorndike Oil, was found dead in a pool of blood on his bedroom floor. He had been shot through the head, but the door and windows were bolted on the inside and there was no sign of the murder weapon. Morse looked in vain for clues in Thorndike’s office. He had to take another tack. He decided to investigate the financial circumstances surrounding Thorndike’s demise. The company’s capital structure was as follows: †¢ 5% debentures: $250 million face value. The bonds matured in 10 years and offered a yield of 12%. †¢ Stock: 30 million shares, which closed at $9 a share the day before the murder. Yesterday Thorndike had flatly rejected an offer by T. Spoone Dickens to buy all of the common stock for $10 a share. With Thorndike out of the way, it appeared that Dickens’s offer would be accepted, mush to the profit of Thorndike Oil’s other shareholders[1]. Thorndike’s two nieces, Doris and Patsy, and his nephew John all had substantial investments in Thorndike Oil and had bitterly disagreed with Thorndike’s dismissal of Dickens’s offer. Their stakes are shown in the following table: | |5% Debentures (Face Value) |Shares of Stock | |Doris |$4 million |1. 2 million | |John |0 |0. | |Patsy |0 |1. 5 | All debt issued by Thorndike Oil would be paid off at face value if Dickens’s offer went through. Morse kept coming back to the problem of motive. Which niece or nephew, he wondered stood to gain most by eliminating Thorndike and allowing Dickens’s offer to succeed? Help Morse solve the case. Which of Thorndike’s relatives stood to gain most from his death? Solutions THE SHOCKING DEMISE OF MR. THORNDIKE Minicase solution, Chapter 25 Principles of Corporate Finance, 9th Edition R. A. Brealey, S. C. Myers and F. Allen After the corpse was removed, police inspectors came to dust the bedroom for fingerprints. Morse knew they would find nothing. He walked down the marble staircase of Rupert Thorndike’s mansion and into the paneled library. He sat at a table in front of the fireplace, scarcely noticing the painting over it, Monet’s portrait of the legendary John D. Thorndike at Giverny. He turned on his laptop computer. Thorndike Oil had three classes of securities outstanding: $250 million of ebentures (face value), 30 million shares, and an issue of subordinated convertible notes. Morse had to calculate the change in the value of each security now that Thorndike was gone, and given the now near-certain acquisition of Thorndike Oil by T. Spoone Dickens. Table 1 reports Morse’s results. The notes summarize his reasoning. With Table 1 in hand, it was easy to calculate the increases in value due to the murder and resulting acquisition. Debt increased by 39. 5% of face value. Common stock increased by $1. 00 per share, and each convertible note increased from 103. 5% to 110% of face value (from $1039. 50 to $1100 per bond). Morse summed the gains to Doris, John and Patsy (see Table 2). Then he reached for his cell phone and dialed Chief Inspector Spillane. Thorndike Oil Table 1 Values of Thorndike Oil Securities Before and After the Murder | |Before |After | |Debt |$151. 25 million, |$250 million | | |60. % of face value |100% of face value | |Equity |$270 million, |$300 million, | | |$9 per share |$10 per share | |Convertible notes |103. 95% of |110% of | | |face value |face value | Notes 1. Debt, before: PV at 12% of the 5% coupon for 10 years, plus repayment of face value (100%) at year 10, is 60. 5% of the $250 million face value, or $151. 25 million. Debt, after: essentially risk-free. The debt will be repaid in short order and should trade very close to face value. The gain in market value is 1 – . 605 = . 395, or 39. 5% of face value. 2. Shares: Share price increases from $9. 00 to $10. 00. 3. Convertible notes: Conversion value before is 110 shares at $9 per share = $990 per $1,000 note. The bonds were trading at 5% over conversion value, or 1. 05? 90 = $1,039. 50. Note holders will convert prior to the takeover, receiving 110? 10 = $1,100. (If they don’t convert, they get only $1,000. ) In other words, the notes increase by 110 – 103. 95 = 6. 05% of face value. Thorndike Oil Table 2 Who Gained Most? (Figures in millions) | |Doris |John |Patsy | | | | | | |Debt |$1. 8 |0 |0 | | |(. 395? 4) | | | | | | | | |Stock |$1. 2 |$0. 5 |$1. | | |(1. 00 ? 1. 2) |(1. 00 ? .5) |(1. 00 ? 1. 5) | | | | | | |Convertible notes |0 |$0. 3025 |$0. 1815 | | | |(. 0605 ? 5) |(. 0605 ? ) | | |___________ |___________ |_________ | |Total |$2. 78 |$0. 8025 |$1. 6815 | ———————– [1] Rupert Thorndike’s shares would go to a charitable foundation formed to advance the study of financial engineering and its crucial role in world peace and progress. The managers of the foundation’s endowment were not expected to oppose the takeover. How to cite Finance Case Study, Free Case study samples

Not finished Essay Example For Students

Not finished Essay Terry Fox has become the poster child of the person who can overcome any obstacle and triumph over any adversity that stands in his way. This is important to Canada because he is a reflection of the character of Canadians that is seen around the world. Terry Fox has given Canada a true role model. Terry Fox has shown the world that Canadians are full with heart and determination. He has shown Canadians, and the world that perseverance will pay off. Terry Fox had all the obstacles lined up and he knocked them down, although the malignant tumor in his right leg finally overwhelmed Terry, he still overcame numerous obstacles. Terry Fox had dealt with the tumor in his leg and he overcame the amputation of his leg. He also managed to train for the marathon of hope even though overcoming a physical and emotional amputation. He also was able to start his run for the marathon of Hope, by an valiant attempt to run across Canada raising money as he ran. Even though Terry Fox did not complete h is goal he still lives on today in our currency, stamps, and many more ways. Terry Fox has given Canada some one that they can try to measure up to. Terry Fox is a native of Winnipeg, Manitoba, however he spent his child years in Port Coquitlam, British Columbia. Terry was an athletic teenager, participated in various sports. Terry was only 18 years old when the doctors broke the news that he had bone cancer. Thus the doctors were compelled to have his right leg amputated 15 centimetres above the knee in 1977. However, Terry Fox over came is amputation with optimism and grace, he was determined to do something with his life. When Terry was recovering in the hospital he was so overwhelmed of all the suffering and bravery by the other cancer patients. He was also inspired by the children cancer patients bravery, that he knew that he too had to be brave. Furthermore prove that his life was worth doing something great with. In the spring of 1977 Terry begins his first steppingstone into showing the world what Canadians are all about. Terry was illuminated with a brilliant idea, a cross-Canada run to raise money for cancer victims, The Marathon of Hope . Terrys next step was to start training for this ambitious project. He had to teach himself how to run again, this was not as easy as it sounds. It took Terry a few months before he was able to sustain himself while running. However while Training Terry ran over 5,000 kilometers this pales compared to the distance of Canada coast to coast. Nonetheless Terry was still determined to attempt the run. By fall Terry was confident in his condition that he was ready to contact the Canadian Cancer Society for them to support his run. In his letter he writes, Im not a dreamer, and Im not saying this will initiate any kind of definitive answer or cure to cancer, but I believe in miracles. I have to.. Terry later received a letter of optimism and hope from the Canadian Cancer Society. The Canadian Cancer Society wished Terry t he best of luck. At this time to Canada and to the rest of the world, Terry Fox did not exist. No one knew who he was. However, over time his voice would be herd, his name would be recognized, the sleeping giant was awakening. Even though Terry had little media and public support when he first began his journey he was still determined to accomplish his personal goal to make it across Canada. He knew this would be the most significant and challenging obstacle that he would have to encounter. He trained hard though he knew he was ready to start. On April 12, 1980 he starts his odyssey in St. Johns, Newfoundland. He symbolizes this by dipping his artificial leg into the Atlantic Ocean. He then sets off to the promised land of his upbringing, British Columbia. Even though not too many people where aware of the significance of Terrys efforts, for those who were, the cancer patients that he went through rehab with. Terrys efforts meant the world to them, it gave them hope, optimism, it al lowed them to see the light at the end of the tunnel. Just by a simple act of running Terry was able to give those Canadians hope and a role model. Terrys odyssey started in St. Johns, Newfoundland and he moves West passing Towns such as Charlottetown, PEI, Quebec City, QC, Montreal, QC, Toronto, ON, and Thunder Bay, ON. On his way through these towns more and more Canadians started to support his cause. When he passed through Quebec City Terry got support from Gerard Cote, four-time Boston Marathon winner, Terry was honoured by being introduced to him. Furthermore entering Montreal Terry was accompanied with Montreal Alouette kicker Don Sweet and four wheelchair athletes. As Terry ran through Toronto he was able to have the chance to meet his hockey hero, Darryl Sittler. Darryl awarded Terry his 1980 NHL all-star team sweater. Darryl said, Ive been around athletes a long time and Ive never seen any with his courage and stamina. A Canadian supporter commented, He makes you believe i n the human race again. His popularity was snowballing, it grew and grew, more people were aware of what he was accomplishing. He was now spreading hope to the citizens of Canada. He was inspiring them not with his ability to run, but his ability to take on that unreachable dream and try to grasp it. Canadians where able to relate and be inspired by this because Terrys goal is similar to David Vs. Goliath. Where Terry is the underdog taking on the what seems to be the unbeatable monster of cancer. The Canadians where cheering for the underdog, cheering for Terry to make it. However the more Terry was spreading hope and inspiration to Canadians, the more and more his cancer was spreading towards Terrys lungs. On September 1, 1980, after a grueling 143 days and 5,373 kilometers Terry stopped running just outside of Thunder Bay, Ontario. The reality of the spreading cancer set in for Terry. Has he ran his last kilometers the people where unaware of Terrys situation. During his last kil ometer Terry was reported as saying, People were still lining the road saying to me, Keep going, dont give up, you can do it, you can make it, were all behind you. Well, you dont hear that and have it go in one ear and out the other, for me anyway There was a camera crew waiting at the three-quarter mile point to film me. I dont think they even realized that they filmed my last mile people were still saying, You can make it all the way, Terry. I started to think about those comments in that mile, too. Yeah, I thought, this might be my last one. On the same day Terry announced at a press conference in Thunder Bay that his cross-Canada Marathon of Hope is short lived. Terry had simple but powerful words during that press conference. When I started this Run, I said that if we all gave one dollar, wed have $22 million for cancer research, and I dont care, man, theres no reason that isnt possible. No reason.. Its so simple, but its true. The next day on September 2, 1980, Isadore Sharp, Chairman and CEO of Four Seasons Hotels and Resorts, contacted Terry Foxs family promising them that he would organize a fundraising run that would be held every year in Terrys name. Terrys dream was now coming to life, he was able to raise money, but most importantly cancer awareness. On September 9, 1980, C.T.V. network cancer awareness fundraiser. The telethon lasted five hours and was able to raise ten million dollars. This was a breakthrough for cancer awareness in Canada. The people were recognizing cancer as a major threat. They Canadians did something. It started with Terrys Marathon of Hope, and was followed up by funding of Canadians. By February 1, 1981, Terrys words of one dollar from every Canadian to fight cancer was herd. The Canadian population reached 24.1 million, and the Terry Fox Marathon of Hope total funds were 24.17 million. This was truly one of the finest moments of Canadian history. This moment was a time where Canadian athletes were in the media, and world s eye. Terry Fox showed the world what character we Canadians have, it showed everyone our grit, determination, optimism, and hope. .uf7fa605e2ff60bbb121617371f044654 , .uf7fa605e2ff60bbb121617371f044654 .postImageUrl , .uf7fa605e2ff60bbb121617371f044654 .centered-text-area { min-height: 80px; position: relative; } .uf7fa605e2ff60bbb121617371f044654 , .uf7fa605e2ff60bbb121617371f044654:hover , .uf7fa605e2ff60bbb121617371f044654:visited , .uf7fa605e2ff60bbb121617371f044654:active { border:0!important; } .uf7fa605e2ff60bbb121617371f044654 .clearfix:after { content: ""; display: table; clear: both; } .uf7fa605e2ff60bbb121617371f044654 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf7fa605e2ff60bbb121617371f044654:active , .uf7fa605e2ff60bbb121617371f044654:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf7fa605e2ff60bbb121617371f044654 .centered-text-area { width: 100%; position: relative ; } .uf7fa605e2ff60bbb121617371f044654 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf7fa605e2ff60bbb121617371f044654 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf7fa605e2ff60bbb121617371f044654 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf7fa605e2ff60bbb121617371f044654:hover .ctaButton { background-color: #34495E!important; } .uf7fa605e2ff60bbb121617371f044654 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf7fa605e2ff60bbb121617371f044654 .uf7fa605e2ff60bbb121617371f044654-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf7fa605e2ff60bbb121617371f044654:after { content: ""; display: block; clear: both; } READ: Howard Stern Essay Even though Terry Fox was unable to achieve his primary goal of running across Canada, he was still able to raise money and awareness for cancer research long after his death. He was also blessed with many awards and recognized through the world. Terry was able to accomplish cancer awareness, and he gave the Canadians hope, inspiration, and a true Canadian role model. On June 28, 1981 Terry Fox ultimately dies. Canada losses one of there National prides. They lost a Canadian hero. After treatment with chemotherapy and interferon, Terry Fox passes away at Royal Columbian Hospital, in New Westminster, British Columbia. He past just one month shy of his twenty-third birthday. On the 30th of July in 1981, The Canadian government creates a five million dollar fund in Terrys name. The fund was given the name of Terry Fox Humanitarian Award, its goal was to provide scholarships each year in honour of Terry Fox. The award is given to students who demonstrates the highest qualities of citize nship and humanitarian service. Terry Foxs efforts were being recognized even after his death, his ideals of hard work and determination were once again celebrated on August 29, 1981 when Terry Fox is inducted into the Canadian Sports Hall of Fame. Thus proving that he was not only a great humanitarian but also one of Canadas most prided athletes. Then on the first of July in 1998 the Terry Fox Monument was rededicated in Ottawa and is now part of the Path of Heroes. The Canadian government realized that it needed to add Terry to this because the Path of Heroes in an initiative to raise public awareness and appreciation of great Canadians that have helped shape the country. Terry Fox not only help shape the country but he also help shape Canadas citizens shape into great people. Even after all that has happened on the behalf of Terrys efforts in 1998 on the twenty eight of August the Terry Fox Foundation made an announcement declaring that the funds have reached a jaw dropping thirt y six million dollars for Canadian cancer research. On June 30, 1999 a national pole for the greatest national hero Terry Fox is voted Canadas Greatest Hero. Even though Terry Fox never made it across Canada, he was still able to touch the hearts of all Canadians. Terry Fox was such an incredible Canadian that he still lives on today not only in the awards that he received, but the Canadian government is honouringTerry with a special remembrance Loonie, that features Terry running his Marathon of hope.

Target market for Herbal

Executive Summary Herbal-care soap, a new product in the market is expected to do better than the existing products. This product cures and prevents the transfer of communicable diseases. The product is natural and chemical free, unlike the other products, which contain chemicals that have side effects to consumers.Advertising We will write a custom essay sample on Target market for Herbal-care soap specifically for you for only $16.05 $11/page Learn More The recent researches show that more people die of communicable diseases than those who succumb to cancer and AIDS combined. The existing products cannot absolutely eradicate the spread of communicable diseases, and hence the need for Herbal-care soaps. The recommended psychographic and demographic target markets for the product are discussed in the paper. Herbal-care soap Description of the new product Herbal-care soap is a natural, chemical-free soap that cures and prevents infections of communicable diseases. This soap improves the health of consumers and reduces illnesses caused by germs. The demand for chemical-free soaps is high at the moment considering that the state has reported many death cases caused by communicable diseases. According to researchers, the number of people dying of communicable diseases is more than those who succumb to cancer and AIDS combined (Webber Roger, 83). Therefore, there is a great need for products with capabilities of curing and preventing illnesses caused by germs. Herbal-care soaps will be packaged using special materials with instructions and clarifications. This will guide consumers about its use. Marketers will offer Herbal-care in liquid and solid form, depending on customers’ preferences. They will also be packed in different sizes, consisting of different colors depending on their tastes. This will ensure that no one is left out. Why the new product is better than the existing products in the market place Herbal-care is a new p roduct in the market. It is very different from the existing common soaps which are synthetic, and contain chemicals that have side effects to consumers. In addition, Herbal-care focuses on a niche market, unlike the existing soaps which do not specify where, how, why, and who should consume them. As mentioned earlier, the soap prevents and cures people from infections of communicable diseases. People in the state want to live healthy and hence the demand for disinfectant soaps. The current soaps in the market cannot absolutely eradicate the spread of communicable diseases, and hence the need for Herbal-care soaps. This product offers a high quality value alternative compared to the existing hand and body washing compliances. The uniqueness of Herbal-care makes the soap to gain a competitive advantage over the existing soaps. The products will be offered at a slightly lower price than the existing products, and hence high likelihood of the product to grab the market share of the com peting products in the market. The sales of the product will be higher than those of the existing related products considering that it is made specifically to satisfying the needs of the target audiences. The other competing products do not follow the niche marketing strategy, like Herbal-care soap. This makes it gain a competitive edge after its launch.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Recommendations for demographic target market The infection or transfer of communicable diseases is very common in day cares, hospitals and restaurants. Shaking hands and exchanging toys among other activities in day-care encourage the transfer of bacteria or viruses among them. There are 800 day cares in our region, and hence provides a good market for Herbal-care soaps. In some Australian hospitals, patients share beds, bathrooms and latrines. All these contribute to the transfer of communic able diseases from one person to another. The restaurant guest rooms, bathrooms, tables and seats are associated with bacteria or viruses due to frequent contacts with many different people. Friends and families also shake hands when they meet in restaurants. The transfer of communicable diseases is common, and hence the need for Herbal-care soap. Most people in day cares are children aged between 4 and 9 years in Australia. In hospitals, people of all ages and from different social class happen to fall sick are taken there to receive treatment. The same case applies to restaurants. All people are welcome in restaurants irrespective of their ages, social classes, races among other things. Therefore, the final recommended demographic target markets are children aged between 4 and 9 years in day cares, families with a yearly household income of $40,000 and above, as well as patients of all age groups at hospitals in Australia. Recommendations for psychographic target market Considerin g that the country has experienced high rates of people dying of communicable diseases in the recent past, many people are keen on taking appropriate measures to guard themselves against these diseases (Webber Roger, 83). Most people, particularly from high social class have a tendency of using chemical-free soaps to live healthy lives. Most of these people have a tendency of using natural, non-chemical disinfectants. In other words, they are loyal to chemical-free products for their hand and body wash. They believe that chemical-free products can make them live healthy lives. For instance, they fear communicable diseases and try as much as possible to isolate themselves from people appearing unhygienic. Therefore, the final recommended psychographic target markets for Herbal-care soap are the royal or high social class families which believe in hygiene as a way to curb communicable diseases. Final recommendation for the target market Understanding demographic and psychographic mark ets can help marketers to efficiently understand their target audiences, and hence offers goods and services that meet their needs (Kurtz Louis, 292). They can market, advertise and sell products and services to them easily.Advertising We will write a custom essay sample on Target market for Herbal-care soap specifically for you for only $16.05 $11/page Learn More After carefully researching demographic and psychographic markets, it was realized that children in day cares, patients, and health care workers are the most affected by communicable diseases. Restaurants employees and customers are also victims of the diseases caused by germs transfers. As aforementioned, the shaking of hands and exchanging of toys among other activities in day-care encourage transfers of bacteria or viruses among individuals. The children in baby cares are aged between 4 and 9 years. The transfer of communicable diseases is also common in hospitals and restaurants due to sh aring of beds, sinks, and hand body contacts with different people. Many people particularly the royal or high social class are very keen on preventing themselves from communicable diseases. Herbal-care soap, a natural and chemical-free soap happens to meet these needs. These individuals have a tendency of using chemical-free disinfectants which are very expensive. They also isolate themselves from the other social classes due to beliefs that they might transfer bacteria and skin illnesses to them. If provided with Herbal-care soap, they will become loyal to the product because it meets their needs. Therefore, the final recommended target markets for Herbal-care soap are high social class adults, and children aged between 4 and 9 years in day cares. The estimated size of the target market There are more than 800 day-cares, 1200 restaurants, 1000 hospitals, and 200,000 family homes in the target region. The high social class people are around 3 million out of 10 million people in th e region. The number of potential customers estimated for Herbal-care soap is 5 million. The estimation of annual consumption of Herbal-care soap is 20 units, and the average selling price is $50. Therefore, the estimated size of the target market is 5 million multiplied by 20 multiplied by $50. This is equivalent to $5000 million. Summary The target market arose due to high demand for disinfectant products by the target audiences. As aforementioned, researches indicate that many people have died of communicable diseases in the recent past. The number of people suffering from skin illnesses has not reduced yet and hence the need for appropriate products to cure and prevent the vice. Researches were conducted to see which people are more affected by communicable diseases. This involved researching both psychographic and demographic markets to find out audiences who demanded products to prevent the spread and cure communicable diseases. This way, it was easier to understand customersà ¢â‚¬â„¢ needs from different markets. After assessments and evaluations, the right market for Herbal-care soaps was found, and hence the rise of the recommended market. To get the size of the potential market, market researches were conducted in psychographic and demographic markets. This way, people of high social class were identified as the most potential customers for disinfectant products. It was also realized that children aged between 4 and 9 in day cares were prone to communicable diseases due to frequent hand shakes and exchange of toys in day-care centers.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The average number of units for one year was estimated. The potential customers (children and high social class adults) were also estimated. Then, marketers came up with the price for Herbal-care soap. To get a clear estimation of the potential market, the marketers multiplied the price by the number of units by the estimation of the potential customers (Ajami, 171). This enabled them to realize the potential market for Herbal-care soap. Works Cited Ajami, Riad A. International Business: Theory and Practice. Armonk, N.Y: M.E. Sharpe, 2006. Print. Kurtz, David L, and Louis E. Boone. Boone Kurtz Contemporary Marketing. , 2014. Print. Webber, Roger, and Roger Webber. Communicable Diseases: A Global Perspective. Wallingford, Oxfordshire, UK: CAB International, 2012. Print. This essay on Target market for Herbal-care soap was written and submitted by user Annalise Langley to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

4 Ways to Master English Vocabulary

4 Ways to Master English Vocabulary The best way to learn English vocabulary is by topics with explanations of meaning, examples of usage and subsequent exercises. It is possible to practice English vocabulary through exercises in listening comprehension, speaking, reading, and writing. Learners of English should have lists of difficult word meanings and of phrases (expressions) on every topic with usage sentences. They must read those ready-made vocabulary usage sentences many times if needed. Longman Language Activator Dictionary (unique English Idea Production Dictionary) covers this issue thoroughly. It is essential that learners also make up their own sentences with that vocabulary, taking into consideration real life situations.Students of English can learn a lot of vocabulary on every topic from thematic English dictionaries. Good thematic English dictionaries provide clear word usage explanations and also a few usage sentences for each word meaning, which is especially important. It is essential that students of English also make up their own sentences with difficult vocabulary. They should think about the real life situations where and when that vocabulary can be used.Do ready-made exercises from textbooks in vocabulary practice. Exercises in vocabulary pra ctice can include dialogues, narrations (telling stories), thematic texts, questions and answers in various situations, discussions, talking points, and expressing opinions and views on real life topics and issues. Learners can also master new English vocabulary by reading thematic texts (materials) on everyday topics with important content, for example, Practical Tips and Advice to Make Everyday Life Easier and Better (practical solutions for everyday problems). Such self-help books on settling everyday matters are available at bookstores. Learners must write down unknown vocabulary in whole sentences. It is essential that they practice speaking the content of the texts that they have read. As people say, practice makes perfect. Thematic General English Dictionaries Longman Language Activator (Unique idea production English dictionary, very valuable for solid vocabulary acquisition). There is also Longman Pocket Activator Dictionary. Longman English dictionaries are the most authoritative.Longman Lexicon of Contemporary English.The Oxford-Duden Pictorial English Dictionary (by J. Pheby, 1995, 816 pages).Oxford Learners Wordfinder Dictionary.Word Menu (dictionary by Stephen Glazier, Random House, USA, over 75,000 words arranged by subject matter).Cambridge Word Selector/Routes.NTCs Dictionary of Everyday American English Expressions (over 7,000 phrases arranged by topics).

Failed IT project Essay Example | Topics and Well Written Essays - 250 words

Failed IT project - Essay Example The Affordable Care Act – MNsure project in Minnesota cost more than $150M USD. The project failed due to the following: Strong sponsorship, as well as solid requirements, is particularly tricky to come by in a political setting. It is because many individuals along with group stakeholders argue with one another then alter the project (Keegan, Huemann, and Turner 2). Applying the political course of lengthy arguments, consensus-building along with numerous agendas to defining project requirements brings disaster. To avoid this failure, the contractors doing the government work should have discouraged changes. The contractors saw a chance to grow the project scope with work of a much higher-margin because change orders are usually much more profitable compared to the original bid. Another way to avoid the failure was to have adequate sponsorship and strong requirements. Insufficient sponsorship and weak requirements were merged with a waterfall development methodology together with the overall big bang technique used by the government procurement methods. Keegan, Anne, Martina Huemann, and J.  R. Turner. "Beyond the Line: Exploring the HRM Responsibilities of Line Managers, Project Managers and the HRM Department in Four Project-oriented Companies in the Netherlands, Austria, the UK and the USA." International Journal of Human Resource Management  (2012): n. pag.

Personal development Essay Example | Topics and Well Written Essays - 2750 words

Personal development - Essay Example The thought can be well versed in clear meanings when the change takes place in one’s life through practical application of knowledge in either personal or professional world. The terminology that strikes the mind in relation to behavioral change is Personal Development. The development of potential capabilities, recognition of goals and targets, improving standard of living, and developing economically, personally and professionally all are the characteristics that defines personal development. While an individual works towards the development of his/her behaviors, they consciously or unconsciously may act as a guide or role model for the enhancement of others’ personality as well. In this context, the role of an individual can be of a teacher, coach, trainer, or instructor. An organization can work towards the development of employees’ performance through diverse processes of evaluations, monitoring of work and feedback system. To evaluate if the change has occ urred or not, whether it be personal or institutional, a person needs to design specific visions and outline an agenda for the achievement of aims, as a person is his/her own boss (Rose, 2008). Learning is an essential component in human’s life as it continues since the time of birth until the death. With the passage of time, the person notices a changing trend in his behavior, which initiates from schooling and moves ahead to his professional phase. Throughout his learning journey, one comes across many people with different backgrounds and experiences that influence his performance by a great deal. This can either inspire or encourage an individual to move towards his goals with determination or can leave de-motivating impact that may lead to decline and poor quality of his learning. Motivation is one of the fundamental aspects that lead to increase in possibility of positive learning. Reward is amongst the best examples of motivating one towards achieving his targets becau se it is human psychology that wherever a person finds a chance of gains, his work efficiency increases by a historic proportion. Constant guidance from senior workers and feedback on the quality of the work presented assists in gaining experience because they act as an expertise in the particular field (Rose, 2008). In view of some scholars, learning is â€Å"the process leading to relatively permanent behavioral change or potential behavioral change† (Cotton, 1995). Learning enables humankind to respond to the activities happening in the surroundings. In relation to it, learning also effects one’s perception about the issues due to the reason that it provides with quality information that gives us the knowledge to differentiate between right and wrong. Researchers (Rose, 2008) who have studied the impacts of learning on human behavior termed it as Behaviorism. The learning or a skill that a person attains through any kind of experience, commonly referred as experient ial learning is crucial and critical for change in behaviorism. Every individual has its own niche in the society for which a person works according to his approach and behavior that may have a positive or adverse influence on others’ behaviors. Moreover, the above discussion is justifiable by a real case scenario that has an enduring impact on my life. Initially, I was a person that used to leave a bad influence on my surroundings along with a non-earnest attitude towards work and life. I used to mess around with others and did not pay

BT Company: Business Analysis Report and SWOT

BT Company: Business Analysis Report and SWOT Part 1: Understanding the business 1. Suggest the income streams and costs that may be appropriate to an organisation in your sector. The main income streams for the telecommunication industry is the revenue achieved through the usage of their services. Originally those services were limited to the provision of telephone communication using landlines. Today, the communication industry has expanded the number of services that it provides into mobile, VoIP, internet and other communication. The majority of the revenue can come from any one of those different services. For example, in 2005 BT had 75% of its revenue coming from their traditional services, but in 2006 this number decreased to 68%. Instead the company received an increased amount of revenue from it’s â€Å"New Wave† services, such as networked IT services, broadband, mobility etc. The mobile telecommunications provider such as Vodafone gets the most of its revenue from the tariffs that it charges its customers for using their mobile phones. However, the mobile telecommunication has also expanded into the provision of other services such as messaging and data and information provision. The largest cost for any communication company is the maintenance of the business. This cost can consist of staff costs, contractor wages, operational costs etc. Main contributor will depend on the company. For example, BT identifies ‘other operational costs’ as its main contributor to the overall cost of maintaining the business, representing 35%. The ‘other operating costs’ include the cost of supporting the network IT services, maintenance and support of the networks, costs of accommodation and marketing and general overheads (BT, 2007, p. 34). 2. What measures of performance are applicable to the industry? The majority of the industry has a few fundamental performance measures. The prime measure is the satisfaction of their customers. This is not surprising considering the competitiveness of the industry, the ease with which customers can change providers and the fact that the companies’ profits are based on the volume of customers. The other measures can include the satisfaction of the company’s employees. The industry that is so customer focused tries to provide them with as much human contact as possible (as long as it is profitable). Therefore the industry employs a large volume of employees. Satisfied employs are more likely to make sure that the customers are happy with the service that they are getting, allowing the companies to stay competitive. For example, BT has four performance measures regarding the satisfaction of their employees: employee engagement index, diversity, HS: loss time injury rate and HS: sickness and absence rate. Other performance measures can include: the satisfaction of the suppliers; investment in the community; protection of the environment; digital inclusion and sustaining integrity. In order to measure those performance measures, the company engages a number of internal indices. Some of those indices are much easier to measure, for examples the number of complaints that the company receives, the others are more difficult, such as measuring the integrity of the employees. The majority of the companies employ surveys in order to measure the more difficult quantifiable factors. 3. Construct a Value Chain for a company within the industry. The value chain has been developed by Michael Porter in 1985. The method divides the organization into the activities that is performs and them links them to the company’s competitive position. Porter (1985) argued that only by separating the organization into its activities and findings the right links will the managers be able to achieve a competitive advantage. The value chain method distinguishes between primary and support activities. Combined, they should lead to a margin, which is equal to the cost of the product subtracted from the price that it is sold to the customer. Model 1 depicts the value chain. Primary activities in the business are concerned directly with the creation, production and delivery of service and are grouped into inbound logistics, operations, outbound logistics, marketing and sales, and service. The Support activities are there to help the primary activities and they are divided into main areas of support activities: procurement, technology development (including RD), human resource management, and infrastructure (systems for planning, finance, quality, information management etc.). The support activities are directly linked to the primary activities, and if those links are produced well, then the company will become more efficient and competitive in the market. The value chain model can be applied to the telecommunication industry. The inbound logistics are the goods and services that the company receives from its suppliers. In the world of telecommunication, this can be the phones (that might be manufactures in China), the cables, the sim cards etc. The ‘operations’ in the original method meant manufacturing of the product. Since telecommunication is already dealing with a finished product, it is the provision of this product that can be named their ‘operation’. For example, provision of the reception, the IT platform that connects people etc. The outbound logistics is the finished product being delivered to the customer. In this case this can be the phone set, the website of the company where the customer can buy their own product etc. Every telecommunication company has their marketing and sales team, that offer services and make customers aware (through advertising) of their services. In the competitive industr y such as telecommunication, the firms pay a lot of attention to the right kind of marketing and promotion. If a company releases a new product, the other companies are likely to follow. Therefore the first ‘inventor’ has to capture as much market as possible. Furthermore, due to the competitiveness of the industry, the companies are under pressure to provide the customers with as much as possible, in order to keep them, as finding a new customer is always much more expensive then keeping the old one. The last section of the primary activities is the ‘service’. Service is something that the company provides after the customer has the product. In the telecommunications this means installation of the product into the customers home, helping the customer with every day questions, replacing the product if is gets broken etc. Under the support activities the first factor is ‘procurement’. The procurement department in the telecommunications industry are people who buy all of the inbound logistics into the company. This department will be in charge of agreeing the best deal with the suppliers of the product and making sure that the product is of high quality. Technology development is an extremely important element in the telecommunications industry, which allows them to gain a competitive advantage. The technology development in this method can also include customer relationship management activities, and not be limited purely to the innovation. Human resource management is a vital part in this method as those people are responsible to the satisfaction of the employees, which can be achieved through remuneration, training and development, bonuses and other HR strategies. The above mentioned would be the base for the value chain. However, it should be noted that the majority of the companies in the telecommunications industry are multi-national corporations. They provide a large number of products to their customers world wide. Furthermore, the components of their services may come from a wide range of suppliers, for example the plastic for the phone will come from Russia, the phone will be constructed in China and painted in India. Due to their size, the majority of the companies have already established the most productive and available route of producing, maintaining and providing the service. Therefore, the value chain would be a lot more complicated with both the primary and support activities. Furthermore, the margin may also come from a wide range of sources, such as mergers and acquisition, investment in stock markets etc. 4. Construct a Value System for the industry. The value system was also introduced by M. Porter (1985). It represents the link between the value chains of different ‘market customers’. For example, it will link the value chain of the suppliers to the value chain of the company to the value chain of the channel and then to the value chain of the customer. The supplier value chain for the telecommunications industry can include the suppliers of the physical products, such as phones and sim cards from the supplier value chain; provision of the telephone connection and services in the company value chain; services provided by the third party distributors (such as Yahoo!) in the channel chain and a wide range of customers buying the products (for example businesses, individuals and other telecommunication companies). 5. What are the environmental factors that may influence the industry? Most of the large organizations today are environmentally friendly, and have special strategies to maintain this position. For example, BT is one of the largest consumers of electricity in the UK (BT, 2007, p. 3). In order to reduce the damage to the environment, the company has adopted the majority of the environmentally-friendly electricity sources, such as wind generation, solar and hydroelectric energy generation. The telecommunications industry face a number of environmental risks that can damage their profitability. For example, global warming increases the number of storms and floods that are occurring around the world. In turn, this damages the telecommunications’ infrastructure and can cost the industry billions of pounds. Moreover, by damaging the environment, the costs of the primary products can increase (e.g. electricity). Since the telecommunications industry relies on a wide range of products outside of their own services, an increase in the cost of primary prod ucts, such as electricity, is likely to have a negative effect on their profits. Part 2: Evaluating Company Resources 1. How well is the present strategy working? â€Å"Group Strategys principal role is to help the BT Group maximize long term value for shareholders. This involves ensuring that the BT Group can sustain competitiveness in all its markets† (BT, 2007, Group Strategy). The financial results for the 2006 showed that the company has strengthened its position in the market. It had increased its revenue by 6% to  £19,514m, provided its customers with both the income and investment growth, by increasing the share price by 8% and dividend pay out by 14% in one year (BT Annual report, 2007, p. 2). Since their share price has gone up over the year, it can be argued that the company’s strategy has worked. Furthermore, BT has also subdivided their strategy aim into a number of objectives, namely: â€Å"to pursue profitable growth in new wave markets to maximise the return from our traditional business to transform our networks, systems and services for the twenty-first century to create long-term partnerships with our customers† (BT, 2007, Annual Report, p. 4). The â€Å"new wave† activities (networked IT services, broadband and mobility) growth has been overachieved by 50% by the company in 2006 (BT, 2007, Annual Report, p. 4). The company has also asked all of their existing customer to swap to the subscription-based packages. They have achieved 67% customer base being swapped to the subscription, which has also overachieved their target. The transfer of all of the services onto the 21C (twenty-first century IP technology) has not been completed yet. Finally, BT has achieved an increase of 3% in their customer satisfaction table, which also brought them closer to their long term goal. Therefore it can be argued that BT’s strategy has been successful. 2. What are their resource strengths and weaknesses? BT’s resource strength is their brand and strong reputation, that is recognized world wide. Their strong brand allows them to form stronger relationships with their customers (stakeholders, customers, suppliers, employees). BT’s reputation of reliability, consistency and effectiveness allows them to keep their customers and increase their customer base. Furthermore, BT provides a wide range of services that are in line with the latest technology, such as IP phone calls and are often a market leader in the industry. BT had a large number of weaknesses a few years ago: it was loosing the DSL market share to every competitor in the market, it had a shrinking market share in the fixed line services and sometimes it was not up to speed with the innovative technology. However, the new market strategy has proved very beneficial to the company. The company was the first in the IDSL provision in the UK market in 2006; its market share is growing and it is transferring most of its services onto the 21C technology (BT, 2007, Annual Report). Although introduction of 21C will be beneficial to BT in the future, it can have a negative impact on the profits in the short run. Furthermore, does BT think far enough? There are a wide range of external risks that BT group faces. From the social aspect, they can be divided into: supply chain working conditions and outsourcing. The ‘supply chain working conditions’ risks arises from the wide range of services that BT buys from across the world. The company is committed to following the Universal Declaration of Human Rights and International Labour Organisation rules. The main risk of breaching those rules is that the company may be faced with a large number of law suits and loose its reputation. In turn, reputation is one of the most valuable assets of the company, as it has a positive correlation with the number of customers that sign up and stay with BT. The group deals with this risk by asking all of the suppliers to fill in the ‘Risk assessment questionnaire’, which it then examines and decides if it should deal with the named supplier (BT, 2007, Human Rights and Suppliers). BT has outsourced a number of operations such as human resource contracts, pensions, recruitment and training, as well as finance, accounting and payroll (BT, 2007, Outsourcing). The risk arises when the company tries to get the cheapest service and ends up making a very expensive mistake. For example, the BT can loose control of the quality of the service that the outsourced functions provide; or the outsourced departments may make a financial mistake, that will lead to wrong internal decisions within a company. 3. What are the external opportunities and threats facing them? There are also a number of factors that can be quite threatening to BT. The change in the environment, where natural catastrophes can destroy BT’s infrastructure, have already been discussed. The collapse of the stock market can also have a negative effect on the company, as BT invests some of its money in the stock market. Furthermore, an innovative product, such as WoIP being introduced by another major competitor, will strongly harm BT’s profits (since all of the phone calls can be free, without relying on the internet). The economic and political decisions can also affect the profitability of the company. For example, if the interest rates rise sharply in the UK, the disposable income of the customers will decrease. In turn, the customers may reduce their usage of the BT’s services or swap to cheaper providers. Moreover, since BT has global presence, large looses in one of the countries may put a lot of pressure on the rest of the Group to ‘bail outâ₠¬â„¢ the damaged company, which can negatively affect the profits. As has been mentioned above, there is also an issue of reputation. Loss of reputation due to the external factors can strongly affect company’s profitability. Furthermore, mobile phone providers also represent a threat, since they undercut the prices and the majority of the customers find mobiles an effective way to communicate. However, there are also a wide range of opportunities available to BT externally. For example, the technology progress has been very rapid over the last few years, which means that BT can take advantage of this to gain extra customers. The IP voice communication will also allow BT to gain more customers worldwide, as there will not be legal barriers of the contract. More and more people are getting to know how to use the internet. Since BT is moving towards making their phone calls through the internet rather then fixed lines, this means that BT will have an opportunity to deal with a larger customer base. Finally, BT has a good reputation, capitalization and brand that it can use to expand into a wide range of those products. 4. How strong is their competitive position? BT’s competitive position can be seen from two perspectives: in the UK and worldwide. In the UK, BT has a very strong competitive position, since it is the largest communication provider in the country (BT, 2007, Annual Report, p. 7). Worldwide the situation is a bit different (see Table 2). Table 2: BT’s competitive position worldwide BT T Pvt1 VZ Industry Market Cap: 47.23B 232.84B N/A 105.08B 6.51B Employ ­ees: 104,400 302,000 143,251 N/A 12.52K Qtrly Rev Growth (yoy): 5.00% 23.10% N/A 31.80% 3.80% Revenue (ttm): 38.76B 63.06B 5.62B1 88.14B 4.02B Gross Margin (ttm): 84.08% 56.99% N/A 60.33% 65.54% EBITDA (ttm): 11.00B 22.88B N/A 29.53B 1.67B Oper Margins (ttm): 13.31% 16.87% N/A 16.13% 15.46% Net Income (ttm): 5.38B 7.36B 304.40M1 5.48B 402.77M EPS (ttm): 6.35 1.887 N/A 2.12 1.55 P/E (ttm): 8.98 19.76 N/A 17.03 15.1 PEG (5 yr expected): 2.17 1.51 N/A 3.08 1.64 P/S (ttm): 1.24 3.67 N/A 1.21 1.61 Source: Yahoo! Finance Where: T= AT&T Inc Pvt1 = Cable and Wireless plc VZ = Verizon Communication Inc Industry = Telecom Services – Foreign As can be seen, BT has a small capitalization value compared to its closest direct competitors in the telecommunication market. However, its value is still nearly 7 times the size of the average market capitalization of the industry. The revenue growth has also been poor compared to the largest competitors, and hardy exceeds the industry average. However, despite the low capitalization, the net income of BT is very close to that of the other companies, which indicates that the company is efficient. 5. What is your assessment of the culture within the company? Will it be supportive to change or not? BT has a strong set of values within the company. Those values build the culture of the company. Furthermore, judging from the amount of information that is available of their website, it can be assumed that BT is very good at informing all of its employees of any changes that are taking place in the organization. The employees rarely welcome change or restructuring, however over the years it has been shown that good and frequent communication with the employees will allow the company to implement the changes much more easily. Therefore, the BT’s employees are likely to be supportive of the changes that BT makes. Part 3: Strategy and Competitive Advantage 1. Review the generic strategies. Which would be suitable cost advantage, differentiation or focusing on a niche market? Given the 3 generic strategies: cost advantage, differentiation or focusing on a niche market, BT is more likely to go for differentiation. This opinion is based on the existing strategy that the BT is adopting. BT provides a wide range of services. It could go for a niche market if it will have an opportunity to keep the rest of the products. For example, at the moment it’s transferring most of its services onto 21C platform. This will allow BT customers to use internet for communication. Although most of the large telecommunications companies have not done that, there are a number of companies that have already dominated this market e.g. Skype. BT could also go the cost advantage, as the telecommunication industry is becoming more and more price competitive. However, as with any industry, price wars can not last forever. Considering that BT used to be a state monopoly and therefore has an advantage of the largest customer base, it has decided to provide quality to the customers rather then quantity. Furthermore, since BT is launching the large transferal of its technology onto the 21C base, it is unlikely to go for a cost advantage this year. Instead, it will provide its customers with high quality innovative products, that will be cheap once they launch (internet communication is free). This leaves differentiation. As has been discussed above, BT has chosen a number of strategies that will differentiate it from its competitors, such as the 21C platform, direct and clear communication with the customers, emphasis on the good treatment of its employees and innovative products. 2. Looking into the future, how may the company seek to achieve cost competitiveness? Achieving cost competitiveness is the aim of every company in the world. Cost competitiveness can be achieved through economies of scale and scope, as well as synergies. BT is a very large company and therefore has a stronger negotiation power with its suppliers. The suppliers might be willing to provide BT with lower prices for their products, since BT is likely to order large volumes of products. Economically, as the company gets bigger, the cost of production of one more unit of a good or service decreases (marginal cost). Therefore, as BT expands it will be able to decrease the cost of the production. However, the economic theory also states that this decrease in marginal cost will eventually reach a point where the company will enter the diseconomies of scale (the marginal cost will start to increase). In order to avoid that, BT has expanded globally, rather then just within the UK. BT can also reduce costs through the economies of scope – the production of a wider range of goods. The marginal costs will decrease because certain fixed costs will be shared between the products. For example, the IP platform that BT is using will not only be used to generate revenue from the phone calls, but will also be used for the provision of video messaging services. Later on, if BT decides to bring out another product, it will be able to use this IT platform without the need of building a new one. BT can achieve synergies between its businesses. BT operates 4 separate businesses: BT retail, BT wholesale, BT Global services and Openreach. There are a large number of synergies between all of those companies, for example HR, finance and accounting services. Furthermore, if BT decides to acquire another company in the future, it is likely to use the existing synergies to create even more synergies with the new company in the future. Furthermore, there are a large number of other cost cutting exercises that the company can do in the future to achieve cost competitiveness, such as restructuring, selling some parts of its business that are no longer useful to it and increasing efficiency internally. 3. Suggest ways that information technology and information systems can be used to exploit external opportunities and defend against threats facing the company? Information technology (IT) is strongly linked to the information systems (IS) in telecommunication industry. BT is successfully using both to capture new opportunities in the market, as has been discussed previously. However, as the whole industry is moving towards VoIP, BT could use its existing information systems to move a step further – provide WoIP services. VoIP requires internet in order to use free voice calls, while WoIP allows a customer to use free voice calls without internet. In turn, by using the IT and IS BT can capture a larger share of the market not only in the UK but also worldwide. Furthermore, BT has enough capitalization and IT in order to compete with the mobile phone providers. It can expand to provide those services. Efficient IT and IS will allow BT to connect people cheaply around the world, where the customers will not need to worry where they are resident. BT is very much aware of the external threats that it faces. IT and IS will not be able to defend BT from the environmental risks. However, some of the social risks can be eliminated. For example, the outsourced functions of finance and accounting can be checked electronically first, by setting up an appropriate IT system. The work can then be send to Britain for checking. Furthermore, although BT can not control the stock markets, it can certainly install a number of IT systems that will allow it to prevent a large loss of money, for example by using Technical Analysis systems. By making sure that all of BT’s IT and IS systems work efficiently, the company will reduce the risk of losing its reputation. 4. Analyse the current core competencies of the company. The current core competencies of the company is professionalism, integrity, straightforwardness and team work. All of those competencies are built into their core values. Furthermore, by achieving those competencies as a business the company will be able to achieve its overall aim – bring value to the shareholders. Competencies are often measures on the internal scale of the company, which makes it difficult to analyze for the outsider. However, the companies achievements and the strategy for the future work reflect those competencies. It is in the interest of the company to retain professionalism and integrity towards the customers and employees, if it want to keep both groups. Straightforwardness is a good differentiator of the company, as this allows better communication with the customer, and therefore contribute towards building a loyal customer base. The team work, in turn, will allow the company to achieve its performance targets. 5. Apply a SWOT matrix to the analysis carried out in Activity 2 to gain an understanding of how the strengths and weaknesses of the company may be considered, together with the opportunities and threats that exist, to determine a set of strategic options for the company. SWOT Analysis (S)trengths (O)pportunities Stable and increasing share price Strong financial results Strong brand Good reputation Worldwide Reach Market leader in the UK Large customer base Increasing number of customers that will use the IP platform Further expansion into the world market Use of capital to expand into ‘products of the future’ (W)eaknesses (T)hreats Lack of innovative products Sometimes overprices products which leads to loss of the market share (DSL) Weak global market presence Supply chain working conditions Outsourcing Loss of reputation Environment Stock market crash Recession Mobile phone users BT is the largest fixed-line provider of communication in the UK. Since BT used to be a state monopoly it has a very large number of customers. However, since its privatization, despite a strong competition not only from the new fixed-line providers by also from the mobile phone providers, BT still has a very strong market presence in the UK. This indicates that BT has built a certain customer loyalty, which can be added to its strengths. As the communication market matures, new technology and opportunities are entering the industry. The most recent innovation, that remains a threat to the most fixed-line providers is the building of the IP platforms. The IP platforms allows the customers to speak to each other for free by using their internet. BT has been extremely proactive and has built the platform. Since the majority of its customers are still using fixed lines for communication, in order to the customers to start using the new products, BT should communicate the instruction on how to use the products very clearly. Furthermore, it should also inform the customers of the new products available. Strategically, BT should be able to connect the majority of its customers, since it will be cheaper to them to use the platform. The next move would be to make sure that all of the ‘voices of the customer’ are heard, as with any new systems there will be a number a faults. BT should then implement all of the changes that it has decided on. Since the price of the communication will decrease, the BT will be able to make higher revenue through an increasing number of customers that will start using the service and through the sale of other goods and services that it provides through the new platform. Therefore, BT should start making a good marketing plan of how to sell their new products. The number of customers available to BT is likely to increase over time, as more people are connecting to the internet. This is a great opportunity for BT to increase its world market share. Considering that BT is not the first company to implement this, a large number of customers have already been captured. The BT can use

Conflict Between Andrew Jackson And The Cherokee :: American History

To own land, that is the privilege of whom? To Andrew Jackson the Cherokees current homesteads where on his country’s land. For whatever reason at that time some people living in America weren’t treated as good as there white counterparts. Meanwhile the Cherokees principal chief John Ross felt like that land belonged to his people. If you want to get technical he was speaking on the behalf of a tribe that made up a mere one-eighth of his ancestry. Not exactly a full blooded leader. He also was one of the main reason the â€Å"trail of tears† was as hostile and brutal as it was on his people. Its ironic, even as hard as Jackson pushed and deceived the Cherokee, the Cherokee people in turn pushed back, but past the point of being rational. Some of these individual efforts worsened the outcome for the whole tribe. Jackson’s manipulative ways of handling this situation in office and out of office forced the Cherokee to make hard decisions, and I feel like these decision makers for the Cherokee failed miserably. The reason behind the lack of attack on Jackson is quite obvious, politicians have been acting like politicians well since the very beginning. As selfish and egocentric as his view was, he knew what the was going to do, and being president of this powerful nation not much any one nation could do to stop him let alone the nation of a tribe. To any logically thinking person the senate wasn’t a roadblock to Jackson it was a mere bump in the road. Even the Cherokee tribe knew what power he possessed. That is why the smart two thousand Cherokee, â€Å"resigned themselves to the inevitable, asked their belongings, and headed west† (AJ vs. the CN). The rest ignorantly stuck behind because they had faith in the false hope that John Ross would be their savior. This being the basis for the remainder of my discussion of the Cherokee tribe, the faulty leadership. The leaders’ inability to act for the overall well being of their tribe cost the Cherokee supplies, land, and most importantly lives. In a huge sense, it was John Ross being jokingly overambitious during his negotiations with the President that caused a lot of their pain and suffering. He also was the main voice behind trying to resist the government even after the two years was over, not to mention the whole two years they had to leave.