Career As A Nurse Practitioner - 1716 Words

Who you are and what do you want to do with your life is a question asked early on in most people’s lives. For this question there is no certain answer. It is all dependent on the individual. Career-wise there are many options ranging from scientific research to professional sports. For many, a career in the medical field is a perfectly viable option. Jobs here, sit at the forefront of medical science, offers a chance to give back to the health of the human population, as well as offer opportunities in administration or business ownership. Here, we will take a look at at Advanced Practice Registered Nursing. Luckily, I had recently had the opportunity to interview one of these individuals. I interviewed Mrs. Ruth Benitez in regards to her position as a Nurse Practitioner and got a surplus of information in regards to the career. A career as a Nurse Practitioner offers a solid in-between in faucets both business and medically speaking. APRN s are held up to the same standards a s regular Registered Nurses, meaning doing patient rounds and ensuring well-being of said patients. This would entail running and ordering diagnostic tests to provide physiological medical treatments. Scope of this would range from simple blood draws to full physical check-ups. Plus, considering the medical career shortage many APRN s work independently of physicians. This extends their abilities further to things such as prescribing medication. The other half of the job is more business related.Show MoreRelatedThe Career Of A Pediatric Nurse Practitioner1233 Words   |  5 PagesPediatric Nurse Practitioner According to Orison Swett Morden â€Å"There is no medicine like hope, no incentive so great, and no tonic so powerful as expectation of something better tomorrow†. The career of a pediatric nurse practitioner is fulfilling, because of helping others. 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The purpose of this paperRead MoreHealth Care Career Report1276 Words   |  6 PagesHealth Care Career Report, Nurse Practitioner Victoria Crewdson Health Sciences and Related Studies, MDC Introduction to Health Care, HSC 0003 Health Care Career Report, Nurse Practitioner Introduction Many years ago I chose my studies to begin a career in the medical field. My original goal was to become a Pediatrician. However, at the end of my bachelor’s degree and after many hours spent volunteering at Miami Children’s Hospital, I decided that I wanted a career that would give me moreRead MoreExpanded Nursing Career: Roles, Requirements and Scope823 Words   |  3 PagesWhole new careers of research, counselling changed the way traditional nursing practice. This gave nurses more confidence in having more specific role. These developments rejuvenated nursing by the introduction expanded nursing careers. These careers have an immense potential to contribute to the health care system. 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Crime Scene Investigation Roles And Practices - 1751 Words

Crime Scene Investigation: Roles and Practices Christopher Jackson Weber State University Introduction Background Information: Forensic science once thought a Pseudo-Science is now a staple in the arsenal of weapons that police forces utilize daily. Recently Williams and Weetman refer to forensic science as something that is recurring throughout an investigation. It is utilized at the scene of the crime, in the laboratory, in the briefing room, in interviews and in the courtroom (2013, p. 381). Throughout their research Williams and Weetman take note of the ever changing combinations of institutional structures, dynamic processes and agents in the routine usage of forensic science in policing. In order to make use of this†¦show more content†¦The small amount of research that attempts to assess the benefits of forensic science is said to fall short of its intended goal. Williams and Weetman (2013) propose numerous reasons for forensics falling short. Some are the reduction of extant studies which view police and forensic process as linear rather than separate entities; s aid studies also have failed to provide a sense of how forensic science is enacted in the course of an investigation. (Williams and Weetman 2013). The existing research fails to acknowledge the expertise and skill of those who perform forensic tasks throughout the course of an investigation. The current study seeks to clarify the role of CSI practices by looking further into trace and contamination avoidance. Along with trace and contamination avoidance, CSI work in general is studied in an effort to further the understanding of how it works between the field and in the courtroom. Trace evidence, the term given to physical evidence that is the result of transference of material from a victim or a crime scene to something else (Nickell and Fischer 1998, p. 54). Trace evidence can be used to identify a large number of things, such as glass fragments, fibers from clothing or hair, as well as blood and many other types of

Outsourcing of Accounting Functions

Question: Describe about the Outsourcing of Accounting Functions. Answer: Introduction All across the world, the inclination toward finance and accounting outsourcing (FAO) by organizations of all size and nature is rising. Companies are no longer focused on bringing services in house, rather they are now focused on optimization of supplier relationships and augmenting operational elasticity. In a perfect marketplace, all the transitions taking place in the outsourcing landscape would lead to substantial value creation for the users and enhanced profitability for both the service providers and the companies. However, not all the transitions will lead to the expected positive changes (Mclvor, 2005). The present paper attempts at understanding the nuances of outsourcing and analyzing its viability for the accounting firm. Outsourcing: An Overview In the simplest terms, outsourcing is when any process or operation that can be or would normally be conducted in-house by a companys workforce is sub-contracted to some other company for a considerable time. Such outsourced functions may either be performed off-site or on-site. In a literal connotation, outsourcing means use of external resources. It takes place when the implementation of processes, tasks and functions hitherto performed in-house is contracted to an external entity specializing in a particular domain based on long run collaboration (Vitasek, Ledyard and Manrodt, 2016). As per Quelin and Duhamels definition, outsourcing is the function of transferring a transaction which was earlier controlled internally to an outside vendor via a long-term contract (Adrian and Alexandru, 2012). As per this definition, strategic outsourcing has five characteristic elements: A close tie between the key success factor and outsourcing process of a company in a sector. The shifting of ownership of a company process earlier internalized, usually entailing a transfer of physical and human assets to the vendor. A global contract, intense and longer than a typical sub-contracting agreement. Service levels and obligations of both the parties defined in contractual terms. A long term binder between the two parties (Adrian and Alexandru, 2012). The FAO Industry The FAO marketplace is arriving at maturity with its growth narrowing down to -6%, as against the double digit increase some years back. Renewals now control a major share of the market activity which is yet another signal indicating maturity. The rate of contract termination fell in 2014, post a spike in 2013. SMEs and mid market companies are emerging as new customer segments. The contract scope is rising in respect of both geographies and processes being served Bhatnagar, Ranjan and Sinha, 2015Global sourcing is also on a hike due to rising pricing pressure from the purchasers. With a greater focus on outcome and output, hybrid pricing frameworks are playing a more significant part than they did earlier. The service vendors are also investing in process expertise and technology solutions to satisfy the evolving client expectations (Bhatnagar, Ranjan and Sinha, 2015). The main changes in the contractual features in the FAO industry are depicted through the following diagram: Figure 1: Main changes in contractual features (Source: Bhatnagar, Ranjan and Sinha, 2015) Benefits of Outsourcing Focus on core areas - It enables the company to concentrate on its value adding, core activities, without the disruption of having to perform support services. These support services may consume both managements financial resources as well as time, which could rather be spent on areas where the organization can use its competencies and resources to achieve competitive edge (Krell, 2007). Cost Savings - Normally the companies to which functions are outsourced specialize in such functions and hence, are going to reap economies of scale from the employment of expertise. There is a likelihood of additional savings in cost if the process is off-shored to a foreign firm functioning in a less costly labor area (Vagadia, 2011). Cost Reductions - As accounting processes are highly complex yet very important parts of a company, keeping a whole accounts department for the same entails budget draining hiring and training efforts. To prevent this, companies outsource either whole or part of their accounting activities to save up substantial operating costs. Quality Improvement - There could be instant improvement in quality if the finance and accounting functions are outsourced to a company having cutting edge expertise and where quality is cautiously outlined in a service level agreement (Valdez and Molyneux, 2015). Efficiency driven outcomes - FAO actually stimulates efficacy and enhanced business performance to any company. Owing to the highly competitive outsourcing market globally, outsourcing firms encounter the pressing need to espouse most recent technologies and customer satisfaction oriented strategies. In view of these situations, the client firms can look forward to efficiency driven outcomes for their projects, as the service providers cannot risk losing customers by providing low level services (Krell, 2007). Access to huge talent pool - If the accounting activities are externalized to a supplier, the client company invariably gains access to a huge talent reservoir, useful and effective for their business to scale up. Small, medium sized and start up firms normally devise a cost efficient business strategy covering outsourcing of internal FA activities in order to get these processes streamlined (Murphy, 2011). There are several accounting firms in both Australia and UK that have outsourced their payroll functions, tax compliance, treasury and cash management, general ledger management reports, accounts receivables, tax planning, budgeting and forecasting and internal audit activities to save costs and focus on their core areas (Murphy, 2011). Potential shortcomings of Outsourcing Security Risk A companys accounting is, by its very nature, a highly critical and sensitive matter. When the company sends all its financial information, statements and records to an external vendor, it stands the risk of losing insider knowledge on one of the most important components of the company (Murphy, 2011). Difficult to reverse Once the company outsources its accounting functions and the internal know-how is moved out, it becomes really challenging to bring that function back in-house. This is especially pertinent during the time of contract renewal: the price hike may be greater than anticipated, but it can be hard to leave the vendor (Bruin, 2015). Less Control When the employees are managed in-house, the management has more power on how things function, from daily processes to training. While a vendor is likely to train its workforce as per the clients preferences, there is always likelihood that some important aspects may not be covered (Murphy, 2011). What must be outsourced? The decision to whether or not the company should outsource its accounting functions can be made easy by understanding what must be outsourced. Harmons Process Strategy Matrix presents helpful guidance regarding which functions can be outsourced safely, and which must be performed in-house (Koszewska, 2004). It makes use of two axes: Strategic significance of the process, and Dynamism/complexity of the function Figure 2: Process Strategy Matrix (Source: Koszewska, 2004) If the process is in the right hand pair of boxes, where its strategic importance is high, then in such cases outsourcing is not advisable. If the business function is strategically significant, it is probably a source of competitive edge. If this is outsourced then the organization would be letting out its most valuable secret (Koszewska, 2004). Summary To summarize, it can be stated that the use of FAO in spreading all across the world. Such outsourcing arrangements provide accounting firms the opportunities to considerably mitigate costs, access updated technology and improved skills and reap many other advantages. The buyer-supplier relationships and contractual agreements in the FAO market are also taking new forms, giving the client companies more leverage. Recommendations From the analysis of the function of outsourcing provided above, and in light of the weighted pros and cons, the accounting firm is advised to outsource its accounting and finance functions. However, there are some recommendations that the firm should follow before deciding on outsourcing the process. Firstly, it is important to conduct a cost-benefit analysis. It should compare and contrast the cost of keeping a finance division in-house, taking into consideration, expenses such as office space, training, equipment and software, salaries and benefits with the entire expense of hiring external vendor to accomplish the same objectives. All the costs pertaining to outsourcing should be clearly mentioned in the written agreement so that there is no likelihood of hidden costs. The more specific and detailed the consented expectations are, the higher the prospects of avoiding unforeseen costs in the future. When outsourcing the accounting functions, it is particularly crucial to unmistakably comprehend and consent on how any required data will be accessed, how often, who can access it and in what format. This would reduce the security risk associated with the process of outsourcing. If the vendor is situated offshore, then it is vital to comprehend how the different time zones, locations, languages and culture are addressed. It is recommended in such cases, that the accounting firm addresses external political or legal risks well ahead of time. Word Count - 1483 Communication Plan As outsourcing of accounting functions is recommended, the stakeholders will be informed about the change by holding a meeting in which they will be addressed about the benefits of outsourcing for the accounting firm. Subsequent to this, a detailed plan encompassing changes in work structure and resource allocation will be communicated to the stakeholders through both the meeting and an email. References Adrian, V. and Alexandru, D., 2012. Outsourcing: The Concept. Theoretical and Applied Economics. 19(6).pp.51-58. Bhatnagar, S., Ranjan, R. and Sinha, N., 2015. Finance and Accounting Outsourcing (FAO) Annual Report 2015 Generating Value through Innovation. Everest Group. Bruin, B., 2015. Ethics and the Global Financial Crisis. CUP. Koszewska, M., 2004. OUTSOURCING AS A MODERN MANAGEMENT STRATEGY. PROSPECTS FOR ITS DEVELOPMENT IN THE PROTECIVE CLOTHING MARKET. AUTEX Research Journal. 4(4). Krell, E., 2007. Outsourcing the Finance and Accounting Functions. [pdf]. Available through: https://www.cimaglobal.com/Documents/ImportedDocuments/tech_mag_outsourcing_the_finance_and_accounting_functions_oct07.pdf.pdf. [Accessed on 9th September 2016]. Mclvor, R., 2005. The Outsourcing Process: Strategies for Evaluation and Management. CUP. Murphy, C., 2011. The finance transformation the Outsourcing Perspective. [pdf]. Available through:https://www.in.capgemini.com/resource-file-access/resource/pdf/Finance_Transformation__The_Outsourcing_Perspective.pdf. [Accessed on 9th September 2016]. Vagadia, B., 2011. Strategic Outsourcing: The Alchemy to Business Transformation in a Globally Converged World. Springer Science Business Media. Valdez, S. and Molyneux, P., 2015. An Introduction to Global Financial Markets. Palgrave Macmillan. Vitasek, K., Ledyard, M. and Manrodt, K., 2016. Vested Outsourcing: Five Rules That Will Transform Outsourcing. Springer.

Obesity in America free essay sample

Obesity in America is real and profoundly alarming when you look at the major impact it has on our communities. Major health concerns like diabetes, heart disease and high blood pressure cases are at an all time high. Specifically, the disparity between low-income urban inner cities in regards to obesity as compared to more upper class wealthier communities makes you take pause. This relates to my professional goals of going back into my community as an activist and organizer of issues related to my environment, like health and education. When you grow up in an area that has a specific way of life, sometimes even if you know you are making wrong decisions, it is hard to break the mold. It is important to not only point out people’s flaws but also provide solutions to their problems; however it appears that the solutions provided are now aiming at exploiting people’s health issues for capitalistic gain. We will write a custom essay sample on Obesity in America or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Private sector companies appear to have implemented a plan to create a problem and provide a solution for capitalistic gain. America is a capitalistic society founded on the idea of profiting on the expense of others, obesity in America is no different, although major health concerns associate obesity related issues, government and private sector organizations exploit this major epidemic targeting low-income urban inner cities. Literary Review Introduction: Obesity in America is an epidemic that has caused much suffering to individuals as we have seen the rates significantly increase over the past two decades. Many of the factors pertaining to the causes are due majority to poor choices; however because of factors beyond the control of low income urban communities, like food oppression, food insecurity and lack of government oversight due to capitalistic gains, many situations are of people being victims of their environment. In June of last year the American Medical Association declared obesity a disease which opens the door for new profits on drugs like Belviq and medical pharmaceutical companies. â€Å"The American Medical Association has officially recognized obesity as a disease, a move that could induce physicians to pay more attention to the condition and spur more insurers to pay for treatments† (Pollack, 2013, par. 1). Instead of focusing on low-cost lifestyle changes that address the root cause, of obesity, this decision only aims to help benefit big business and drug companies who can now receive federal aid while continuing to ensure people are oppressed in food desserts with limited access to healthy food choices. Methodologies of Review: The research studies chosen for this literature review focused on the factors that limit or reduce the opportunities for low income communities to have access to nutritional food choices. The perception is that although federal aid is available however marketing strategies and low costs for unhealthy items make it difficult to make smart decisions. I wanted to also highlight the disparity between low-income, urban communities in comparison to upper income wealthy ones. The main databases were employed to search for relevant research studies. These databases included Ashford Online Library, Education Abstracts Full Text from the Princeton Online Journals, and Ebscohost Direct. In selecting literature to review, the author attempted to review research that was relatively current and no older than 10 years. Thus, the range of dates for the research studies was between 2004 and 2014, with the majority of studies chosen from 2006 to 2009. I have included in this literary review my three main sources for data and information although I have included many other research elements throughout my research paper. The keywords used in searching these databases and websites were: obesity, exploits, and food industry. This initial search yielded a total of twenty six articles in the Ashford Online Library. After including additional keywords (fast food earnings, food oppression, food insecurity, minorities and low income paired with initial keywords and searching the reference lists of those articles already found, an additional search yielded a plethora of articles to choose from , some of which were actual research studies and others that were descriptive articles or summaries. The three articles in this review are the ones I found most profoundly supported my main arguments in my thesis statement. The research used to support my arguments employed qualitative methods for obtaining data which was supported by statistical information, professional and educational sources and articles from scholarly sources (Freeman, A. (2007); Adler, N. E. , Stewart, J. (2009); Kumanyika, S. Grier, S. , (2006). Kumanyika, S. Grier, S. , (2006), looks at obesity from the perspective of the government’s role in the situation, or lack thereof a presence in combating situations where they know people are getting taken advantage of through heavy influence from lobbyist groups. Adler, N. E. , Stewart, J. (2009), looks at the situations surrounding lifestyle choices, for example the availability of low cost foods, access to quick processed items versus nutritious ones and the poor quality of areas in these coined phrase, food deserts. Freeman, A. (2007), looks at the corporations and governments angle at keeping this an ongoing epidemic and ways in which they exploit areas for capitalistic gain. Findings of the review: Written by Andrea Freeman entitled Fast Food: Oppression is another article that was used to supports my main argument. The author talks about how fast food has become a major source of nutrition in low income, urban neighborhoods. Ms. Freeman goes even further into this point describing how the popularity is mainly due to the fast food industry targeting this specific market, infiltrating schools, government subsidies and the federal food policy, which are all key factors in denying inner cities access to healthy food choices. The author describes this as food oppression. Food oppression is structured and targeted from institutionalized practices and policies of government and the fast food industry. â€Å"Government policies engendering food oppression range from providing public assistance insufficient to cover the cost of fresh food to collaboration with the fast food giants to ensure that their products dominate lunch-room counters and dinner tables. This state-sponsored racial inequality is obscured by the distinction between public and private spheres of action and is perpetuated by the myth of personal choice, even where a lack of options and resources severely limits the ability to exercise choice† (Freeman, 2007, p. 222). Ms. Freeman offers solutions to this issue starting with reforms at the federal level of government. She also calls on local community organizations to get involved and create awareness. Her main goal is to emphasize that food oppression is a form of institutionalized inequality that government and private organizations hide behind because of the appearance of choice and free will, which must be addressed and eradicated. Written by Adler and Stewart entitled, Reducing Obesity: Motivating Action While Not Blaming the Victim is another article that supports my argument. The authors look at how both the individual and the industry play a role in the obesity epidemic. Instead of just blaming people for bad choices they look at what factors surrounded that choice. For example, did they have access to nutritional items, are there recreational services available in the area, or the current job market. They describe this as behavioral justice, which is â€Å"To convey the principle that individuals are responsible for engaging in health-promoting behaviors but should be held accountable only when they have adequate resources to do so. This perspective maintains both individuals control and accountability for behaviors and societys responsibility to provide health-promoting environments† (Adler Stewart, 2009, p. 50). The author also goes into the point that obesity is more prevalent in socially disadvantaged groups of people. Specifically lower income and those individuals with lesser education. This article will help me defend my argument because you can tie in the fact that the obesity is targeted and structured in poorer urban areas. Written by Kumanyika and Grier entitled Targeting Interventions for Ethnic Minority and Low-Income Populations is another article that supports my main argument. The author talks about child hood obesity that is specifically focused on the extremely higher rate in minority and low income populations as compared to upper and middle class areas. Although a lot can be blamed on the individual with free will the author looks at other extenuating factors that influences bad decisions like economic stresses, reduced access to affordable healthful foods and opportunities for physical activity, overexposure to targeted advertising and marketing of energy-dense foods, and factors related to family ecologies. The author also looks at how counseling and mentoring parents in an environment that is setup for failure is highly pointless and contradictory. â€Å"Although reducing obesity prevalence among minority and low-income children will not be possible without also improving their social and economic environments, clearly tremendous opportunities exist for targeted policies and interventions† (Kumanyika Grier, 2006, par. 26). The first step in solving the issue is attacking the food industry market that exploits this group with extensive policy reform. Specifically, the author talks about the protection from the invisible hand of the free market. This article helped support my main topic by reinforcing the issue that there is a problem in the urban and low-income communities that need to be addressed and to continue to highlight the fact the food industry is exploiting a specific target market for financial gain. Discussions and Implications: By grouping these sources as the main philosophy or framework for my research paper I was able to clearly make a connection between exploits for capitalistic gain and targets on lower income communities from government entities and major corporations. If continued, the number although already alarming will continue to grow and pockets will continue to expand on the casualties of the average American citizens who are only striving to make ends meet. Awareness for social change is there and people are more conscientious about the food choices they are making but it is not enough to tip the scales. I feel the awareness created now is only playing into the profit scheme of creating the problem and providing the solutions. Real change will only come from a community effort that includes all social classes. Until we approach this in this manner and not keep assuming we only need to be concerned with ourselves, then this problem will continue to skyrocket out of control. Government policy is the real way to make change because we can get rid of some of the outside influences that will be discussed during the research portion of this paper. Academic Knowledge heavily impacts all the social elements and institutions of both local and global communities. Social or socioeconomic factors including, neighborhoods, income, education, race/ethnicity, and social cohesion all play a major role in the obesity epidemic. A well informed community through academic knowledge is the best form to combat some of the major issues associated with the substandard socioeconomic elements surrounding obesity. A cross-sectional US study conducted of 20,745 adolescent participants in the National Longitudinal Study of Adolescent Health concluded that, â€Å"After adjustment for socioeconomic status, age, and race/ethnicity, persons living in rural working class, exurban, and mixed race/ ethnicity urban neighborhoods were more likely to be overweight (RRs 5 1. 4, 1. 3, and 1. 3, respectively) than were persons living in new suburban neighborhoods† (Epidemiologic Review, 2007, p. 135). Individuals equipped with academic knowledge like the statistics referenced can see how the situations surrounding there low socio-economic status are not all self inflicted, and come up with better ways to work together to solve the issues. The same phenomenological framework would apply on a global scale as well, because the same social and institutional factors surrounding obesity would remain the same. It’s not a new phenomenon that business and government organizations love profiting on the expense of others. Going back in American history, you look at the early settlements with the Indians and the African slave revolution. It is surprising that it has taken this long to figure out how to take advantage of people hating who they are in a system that is designed to make them feel like they should never feel good about themselves. Constant commercials of women in bikini’s and wash board abs that were not created from normal diet and exercise, trick people into thinking they could achieve that without a drastic lifestyle change that is almost impossible to maintain. Brad Pitt described his training for the movie Troy as extremely painful and something he never wanted to experience again. He worked out 8 hours a day, ate only 800 calories, on top of dehydrating his body to get rid of water weight. The end result was amazing, ripped washboard abs, but the progress was so unrealistic for the average American citizen. Private and government organizations exploit this notion of quick and fad diets creating a perpetual cycle where people use diet pills, fad diets, buy unnecessary exercise equipment that collects dust, lose the weight and gain it back and go right back into trying to find something else that works. â€Å"In the US, the diet industry is a multibillion dollar industry. Theres about a 5% success rate for diets – thats diets and lifestyle changes and anything else you want to call the intentional pursuit of weight loss† (Kirby, 2012, par. 2). At a five percent success rate companies know that as long as people continue to hate themselves and their

How reliable is reliable enoug essays

How reliable is reliable enoug essays In the question at hand, the competing interests that affect the decisions being made are need, feasibility, and ethical standards. As far as need goes, if the market is operating on a system that is less safe and is not having any major problems, the need is not as great as it would be if there were a large demand for increases in safety standards. While there is always a need for safety, this need is only necessary to the extent that the product operates in a safe and reliable manner. If lives are being put at risk the extra error protection bit would be necessary, however it does not seem to put lives in immediate danger, therefore in unnecessary. It would hardly be a feasible decision to add the additional error detection bit from an economic standpoint due to the fact that apparently the cost will outweigh the benefits. This is a cost to both the manufacturer and the consumer, which would lead to high prices and in turn lessen their production and sales possibilities. It has been proven time and time again that in a competitive commercial market, peace of mind is not weighed more heavily than cost when it comes to purchasing and investments. Finally ethical standards must come into play any time you are dealing with the public health and safety. While it would be highly unethical to decrease safety specifications for the sake of cutbacks, as long as the product maintains a safety level that is at or above the current standard, it is an entirely ethical decision to dismiss the option of the extra bit. While the maker of an embedded system has a responsibility to make as safe of a system as possible, they also have a responsibility to make an affordable product. The buying public will be the major deciding factor in how safe a product can and will be. When safety sells, manufacturers will be much more inclined to produce a more expensive yet safe product. The purchasing public is the most widely eff...

How to Write a Presentation about Health Economics

How to Write a Presentation about Health Economics One of the simplest assignments your instructor may task you with is creating a presentation. If the subject you are creating it for is as interesting as health economics, you will definitely have fun in the process. However, there are two things you need to know in order for your presentation to be truly effective: Our set of selected facts and topics for creating a good presentation on health economics. The following lines will give you a quick idea of both so that you write your own quickly. An Outline for Presentations If your instructor does not provide you with an outline of their own, consider the following to get a good grade. Introduction Your introduction should entail a greeting to your audience as well as an overview of what you are going to cover. It should cover the following four aspects: Attention-getter Statement of Your Central Idea Importance of the Topic Main Points You Will Cover Body The body of your presentation is where you will discuss the topic in detail. Therefore, you need to have main points as well as supporting arguments. Here is what each slide (or set of slides per point) should be structured like. Main Point 1: Begin with a declarative sentence about the first idea for your topic Supporting Point: Include evidence to support your main point. Sub-Supporting Point: Further add support to ensure more credibility. You should have at least two of these. You can have up to three main and supporting points if needed, but try to focus on two to give the subject justice. Conclusion The conclusion will restate your main point as well as concluding statements. You need to wrap up neatly using the points below for guidance. Summary of main points Restatement of the central idea Closing statement related to the introduction Tips for Writing a Good Health Economics Presentation In addition to the outline above, you need to keep in mind the following tips for your instructor to give you a good grade. Focus On One Topic While you might think that you can impress your instructor by talking about various topics, your presentation will be disoriented and unimpressive. Though you can come up with sub-topics for your current topic, make sure the content does not spill all over the entire concept of health economics. Ensure Equally Timed Slides There is no magical number for the amount of slides you can use for your presentation. Instead of worrying about this aspect, make sure to give each slide equal amount of time. The audience will not lose interest when they see a uniform flow between the slides. Also make sure to cover the content on each slide in a timely manner to avoid seeming too rushed. Opt for Balanced Content You need to divide your research into balanced slides so that the audience does not get overwhelmed. If you have two bullet points on one slide and 15 on the other, your presentation may seem too rushed. If you are going to add graphs or diagrams in the presentation, make sure that there is not much text in the slide next to the diagram. Keep Your Slides Sweet and Simple Animations and transitional graphics are a hit and miss. While they may attract some people, others may hate them. Less text, organized content, no animations, and a simple presentation is your safest bet as they appear more professional. Keep these tips in mind and your presentation about health economics will definitely be a breeze. If you need help coming up with a topic, check out our 10 facts on health economics for a presentation or the 20 topics on health economics for a presentation.

Responses to Wk1AJ and AC Analyze the advan and disadv argee or Essay

Responses to Wk1AJ and AC Analyze the advan and disadv argee or disagree and why - Essay Example Public corporations in the United States are mandated by the Securities Exchange Commission (SEC) to publish financial statements at least once a year. Most public companies release interim financial statements every trimester. The double taxation that occurs in corporations is a disadvantage of the corporate business structure. Another con associated with corporations is greater governmental regulations and interventions. DQ2 I agree with you that one of the advantages of the corporate business structure is that it facilitates the process of raising capital. Corporations can become public firms and sell its common stocks in the open market. When a company becomes public its stocks are initially sold through a process known as an initial public offering (Investorwords). Another mechanism that can be used by public corporations to raise cash is to sell commercial paper in the form of bonds. A bond is a $1000 face value financial instrument that allows a company to obtain loans in $100 0 units from different investors. The interest paid by bond is known as the coupon rate. If a company does not pay dividends during a fiscal period the double taxation effect does not take place. Another hybrid instrument that can be used by corporations to raise capital is preferred stocks. Work Cited Page Investorwords.com. 201. â€Å"IPO.† 10 July 2011.

Explain How Helicopters Fly Essay Example | Topics and Well Written Essays - 1000 words

Explain How Helicopters Fly - Essay Example Its flight features allow movement in all direction: upwards, downwards, sideways, forward as well as in reverse direction. This flexibility allows the helicopter to be flown in small and congested areas where it is not possible to land the airplanes. Since it can fly in any direction, it has a lot of parameters to take care of while flying. Therefore, the pilot needs to be very skilled and capable and must give full attention while flying. Helicopters not only move in all three dimensions but can also rotate and hover at one point in air. These features, although, make it a unique mode of transport, also make it a very complex machine to understand as well as to pilot. The main parts of helicopter are: ïÆ'Ëœ Main Rotor – The vertically mounted rotor in center ïÆ'Ëœ Fuselage – The main body of helicopter ïÆ'Ëœ Transmission system – Speed control mechanism of rotors ïÆ'Ëœ Tail boom – Rear portion on which the tail rotor is mounted ïÆ'Ëœ Tail rotor – Small horizontal axis rotor at the rear ïÆ'Ëœ Engine – Main engine used to spin the shaft To understand the flight of a helicopter, we can begin from the simple vertically up and down motion. For a helicopter to move upwards, it needs wings that have air moving on its surface in one direction. In case of an airplane, the wings are fixed and the whole plane moves forward for the air to move on the surface of wings and generate lift. However, in case of helicopter we keep it on the same spot. Instead, the wings are rotated to generate the desired lift effect. Wings are shaped in such a manner that they deflect the air downwards and as a reaction, the helicopter is lifted. This shape of the wings is called airfoil. Two or more wings are mounted on a shaft and the shaft is made to rotate thereby, giving a continuous motion to the wings. This rotating wings and shaft are collectively called the main rotor. The main rotor is the most important part of any helicopter. It not only generates the lift force required for the helicopter to fly but also provides for the lateral moveme nt, spinning and changing the altitude. The rotor has to be very strong as it supports all the forces on the helicopter and its weight. The wings have a swivel mechanism at the point where they connect to the rotor. This swivel functionality allows for changing the angle of blades, which changes the path of air. To affect lift, the angle of blades needs to be altered with respect to the oncoming wind. This is known as the angle of attack. The angle alteration mechanism for all wings is collectively called the hub. A device known as the swash plate assembly makes the adjustment of the angles of the rotor blades. The swash plate assembly has two plates, fixed swash plate and a rotating swash plate. The swash plate assembly has two main functions: Firstly, it changes the angle of all the blades simultaneously. It increases the overall lift, thereby gaining or losing altitude. Secondly, the swash plate can change the angle of individual blades while revolving. This gives the flexibility to a helicopter to move in any direction. This alteration of angle, called pitch, is carried out by means of the pitch control rods, which control the function of rotating swash pl

Capacity Planning Essay Example for Free

Capacity Planning Essay Computer capacity planning and its impact on the performance of the individuals is an important research topic in the current day scenario . Living in a competitive world makes it compulsory for everyone ( Individuals , firms etc . ) to deliver their best in the shortest period of time by optimally utilizing their resources . The above mentioned scenario is in direct proportion to an increase in the performance of the individual or the firm . This paper presents a report on how computer capacity planning can have a ositive impact on the performance of an institution like TUI , which uses technology as its medium of imparting knowledge to students coming from a variety of background, Nationality, ethnic race etc. It studies how capacity planning can enhance the existing functional efficiency of the institution and the performance of the educating staff as well as the students . TUI is an organization which acts as a platform for teachers lecturers and students from a wide range of colleges institutions and nationality. It concerns itself with an infinite number of issues related with the colleges and institutions, their management , their programmes , plans , achievements , their student quality etc . The list is non-exhaustive. For an institution like this, which caters to such a wide variety of educational demands and issues , the need for computer capacity evaluation is a necessity , especially when the medium used is e-learning . Computer capacity planning will help TUI spread its reach to all the student population of the world and all others who can benefit from the services provided by the institution . It will help them to effectively implement their plans while saving on cost at the same time . Computer Capacity planning is an important aspect of computer networking; proper Planning ensures a healthy network that can grow to meet future needs of the institution. Computer capacity planning will include capacity management and capacity control . Capacity management will ensure an increase in the total system output and responsiveness , whereas , capacity control will ensure non-wastage of the additional energy gained with capacity management . It will avoid delays in any of the university’s future planning , use of new applications , new methods of teaching etc . It will also help the university officials to forecast the future situations which the institutions would be likely to face . Capacity evaluation is basically an act of evaluating the available resources of the concerned institution and the most optimal way of utilizing it . Capacity planning needs to be a part of the infrastructure of the institution and act as a medium of benefit for the professors and the students . The system provides with an intelligent interface to communicate. Capacity planning will add volumes to the existing efficiency of the technical planning running the institute . It will act as a facilitator , analyst , decision-maker and an important performer of the institution . Looking at it from the administrative point of view it helps them to organize their work better and also catalogue it in a more organized format . The quicker the computer applications works the faster the work can be done in terms of the number of persons reached per minute . The computer capacity evaluation becomes more relevant in the words of TUI University President Professor Yoram Neumann, Ph. D. â€Å"TUI is one of the countrys (worlds) leading Internet Universities. † Thus making it necessary for the institution to provide its members with high quality computer services . Computer capacity evaluation will help TUI achieve its main goal of providing e-learning opportunity to all their students on a wide scale , at all levels of study . It will act like a performance enhancer for the administration in reference to the services provided by them thus enabling them to deliver their best to the students in a shorter period of time . It will help them to avoid wastage of the existing resources which otherwise could be reached-out to a million students , help them in meeting their plans within time instead of constantly changing their way of doing their work . A methodical approach can be used by the administration to do their work . Over a period of time the process would prove to be significantly productive and also constantly improving the ways of doing things . Planning will also provide security to the whole setup thus acting as an initiative for an enhanced performance . This will also help the administrators to work more creatively , use new methods of teaching students and evaluating their performance . As a result with an increase in the performance of the administrator the performance of the students will also improve positively . From the students point of view since education will be imparted in an e-learning format the quality demanded by them will be very high . Maintaining a high bandwidth will enable the students to save their time , which can be more fruitfully utilized . High bandwidth will also enable the university to register a larger number of student Enrollment both nationally and internationally . Capacity evaluation will permit the students to increase their performance on any given activity drastically . Thus any activity running solely on any kind of technology must have that technology operating at its best . Computer capacity planning if used in TUI will act as a major contributor to the enhanced performances of both the university officials and the students as well and an increased performance will lead to a more contributive output which over a period of time can result in positive international impact considering TUI’s international reach .

The Existential Hero: Hamlet Essay -- truth, understanding, downfall, d

To be without value or meaning permits the violation of norm behavioral standards. Existentialism is championed in the responsibility and free will of man. The world is utterly â€Å"worthless, meaningless, empty, and hopeless, †¦ to use a favorite Existentialism, absurd†(Ross 1). A man must become unconventional by supplying an authentic meaning to life. Shakespeare’s character Hamlet in the play Hamlet, explores these existential principles as he seeks truth and understanding after his father’s murder. He attempts to establish order in a chaotic world full of betrayal, spying, and death. This leads to Hamlet’s inevitable downfall and the death of those close to him. Hamlet rises as the existential hero in Shakespeare’s Hamlet through his confrontation with moral responsibilities and the purpose of life. The existential ideal gives structure and meaning to the action of Hamlet. Hamlet is a conflicted character. He is maddened by his father’s, the King of Denmark, murder and his mother’s, Queen Gertrude, untimely marriage to his uncle, King Claudius, who is also his father’s murderer. It is a tangled web of lies, death, and duplicity that Hamlet lives in. â€Å"Denmark [certainly] is a prison† for him (II.2.262). Hamlet becomes withdrawn in the play, no longer having an enthusiastic and playful demeanor. His relationship with his mother is destroyed, he denounces Rosencrantz, Guildenstern, and Ophelia, and he becomes estranged with society as he feigns insanity. He is the quintessential character for Jean Paul Sartre’s existential principle that â€Å"Hell is other people.† Ultimately, Hamlet’s nature completely changes. He states to Guildenstern that as â€Å"of late, but wherefore I know not, lost all my mirth, forgone all custom of exercises, an... ...in England 23 (2010): 34+. Literature Resource Center. Web. 24 Nov. 2013. Meron, Theodor. â€Å"Crimes and Accountability in Shakespeare.† The American Journal of International Law. 92.1 (Jan.,1998): 1-40. JSTOR. Web. 24 Nov. 2013. . Shakespeare, William. The Tragedy of Hamlet, Prince of Denmark. Ed. Barbara A. Mowat and Paul Werstine. New York: Simon & Schuster Paperbacks, 2012. Print. Snider, D. J. "HAMLET." The Journal of Speculative Philosophy. 7.1 (Jan.,1873): 71- 87. JSTOR. Web. 21 Nov. 2013. . Williamson, Claude C. H. â€Å"Hamlet.† International Journal of Ethics. 33.1 (Oct., 1922): 85-100. JSTOR. Web. 21 Nov. 2013. . Ross, Kelly L. "Existentialism." The Proceedings of the Friesian School, Fourth Series. Kelly L. Ross, Ph.D., 2013. Web. 25 Nov. 2013.

Language Arts Lesson Plan Essay

Produce clear and coherent writing in which the development, organization, and SST Wyle are appropriate to task, purpose, and audience. Objective (Explicit): Students will demonstrate writing clearly and coherently by developing a friendly or formal letter. Sub-objectives, SWABS (Sequenced from basic to complex): Students will learn parts of a friendly/formal letter and what the difference Is Students will learn the definitions of parts of a friendly/formal letter. Students will learn how to format a friendly/format letter. Students will be able to establish and maintain a letter style. Students will be expected to write a friendly letter to someone to tell of their explorer experience. Students will be expected to write a formal letter to the monarchs to tell them about their explorer experience. Evidence of Mastery (Measurable): Assess Students while they are writing their letters. A completed letter writing checklist. A completed friendly letter† or â€Å"formal letter† on a grocery bag. Key vocabulary: Explorer, Christopher Columbus, expedition, heading (if required, date, salutation or retreating, body of letter, closing, postscript (P. S. ), signature Materials: Sample friendly letter, sample formal letter, letter template, pencils, paper bags, Christopher Columbus Brainpower, Dear Teen Me book By E. Kristin Anderson. Opening (state objectives, connect to previous learning, and make relevant to real life) Ask Students if they have ever written a letter? Who they wrote to? Did they look different? Explain to Students that letters take many forms and serve a variety of purpose. Do you think a letter to your parent’s would look the same as if you were to write a letter o the President? Explain how letters can tell others about us (how we are doing, what we are doing), request things from others (asking the President to think about passing a bill), and why? Depending on the letters purpose you will decide the format. Today we are going to focus on friendly and formal letters. Instructional Input Teacher Will: Ask Students if they have ever written a letter? If so what kind? Did they look different? Explain to Students that letters take many forms and serve a variety of purpose. Do you think a letter to your parent’s would look the same as If you were to write a letter to the President? Explain how letters can tell others about us (how we are doing, what we are doing), request things from others (asking the President to format. Today we are going Just focus on friendly and formal. Preview and read a letter from â€Å"Dear Teen Me† book. (Friendly letter example), as well as preview and read formal letter examples. Student Will: Engage in introduction and questions. Preview and listen to the letter from â€Å"Dear Teen Me† book as well as preview and read formal letter examples. Co-Teaching Strategy/Differentiation Have sample letter handouts from the book. Guided Practice Show Brainpower video on Christopher Columbus, after video create a T-Chart on one side label it â€Å"To Mom† and on the other side â€Å"To Queen and King†, call on volunteers to create a greeting appropriate for â€Å"mom† and ask for another volunteer to create a greeting appropriate for â€Å"Queen and King†, continue until the signature part of the letter. While completing the T-Chart ask student if they notice the differences? Explain to Students that they are going to write a letter as if they are in Columbus’ time; show Students grocery paper bags (pre-cut to standard letter size). Explain that completed letters will be done on the grocery bags. Student Will: Watch video on Christopher Columbus, take Brainpower Quiz about Columbus, Think- Pair-Share about letter ideas and choice, engage and comment on letter T-Chart. Students have letter templates. Students can have handouts of written sample letters. Give Students letter writing checklist. Parts of a letter definition sheet. Independent Practice Direct Students to the T-Chart labels created prior to the video. Explain that they can either write a letter home â€Å"To mom† about their expedition experience or a letter â€Å"To Queen and King† telling them about their expedition. Assess Students as they are developing their letters. Make any suggestions and answer questions about letters. Student Will: Choose a letter based off of T-Chart, develop a letter that once complete will be put Students use letter templates to form their letters. Give Students letter writing checklist and parts of a letter definition sheet. He date. Greeting/Salutation the word â€Å"Dear† and using the person’s given name or relationship, or it may be informal if appropriate. Body This is the main text, which includes the message written. The tone is friendly and often includes news and invitations. This short expression is always a few words on a single line. It ends in a comma. Signature Line There is a typed or printed name added here. Postscript If your letter contains a postscript, begin it with â€Å"P. S. † and end it with your initials.

Hartalega Holdings Berhad Strategic Management

1. Introduction Hartalega Holdings Berhad is a gloves manufacturer and began their business with the vision of produce gloves that protect life (Hartalega, 2013). Hartalega has experienced tremendous growth in the market and there are many issues and problems that faced by them. The first issue that faced by Hartalega is fluctuation of US dollar (CIMB Research Report, 2011). USA is a key market for glove industry and has contributing part of the market share of Malaysian industries. Fluctuation on US dollar has affected the margins of the company.Besides, the economic conditions have influence the glove industry will continue to be unstable due to rises in material and production costs. Moreover, high latex price also is one of the issue that faced by Hartalega (CIMB Research Report, 2011). Latex prices continue to be volatile would bring an effect to its margin. Supply of latex may be reduced due to the weather conditions. During the dry season in Thailand and Malaysia, it would dec rease the production of latex. Thus, price of latex during dry season will be slightly higher compare to other season.Furthermore, Hartalega faced the issue about labor. The recent governments policies about foreign labor have cause a great concern for the gloves industry. The gloves industry has voiced out their concerns towards this issue because hired labor would have an impact on the manufacturers’ costs. Besides, more and more glove manufacturers are using automation and it will decrease the reliance on manpower. Next, pollution is one of the most important issues that faced by Hartalega as their company’s reputation has affected by the negative news or rumours.Hartalega was received complaints from the Deputy Minister in the Prime Minister’s Dept and a few residents of Taman Suria and claim that they are causing air and water pollution. Hartalega deny all the accusation and declare that they are operating legally according to the Malaysian environment regu latory standard (â€Å"Hartalega: Aggrieved At Accusations†, 2010). This might affect the reputation and the creditworthiness of Hartalega and might cause the market share decrease in this particular time frame. 2. Remote EnvironmentRemote environment is the factors that affect a form of decision making abilities, but are beyond its control. Political, economic, social, technological and ecological factor are the factors that include in the remote environment. The first factor is political factor. Hartalega has exports almost all of their products mainly to the developed countries such as USA, Brazil, Japan, Germany, Europe, Malaysia and others. Hartalega also has expanded its business successfully to China and India. Gloves sales have increase but a little drop in the selling prices. Major output of the company is made up by nitrile gloves.The total costs of the gloves increases due to the high output and increase in labor costs. Besides, the recent governments policies abou t foreign labor have cause a great concern for the industry. Hartalega have to adjust the wage structure of their workers due to the minimum wage ruling that effective from January 2013 that regulate by the government. Stringent government regulatory also is the threat for Hartalega. There are many government regulations and policies need to be follow by the company such as minimum wage legislation, guidelines on buffer zones and more.If companies fail to follow or break the rule that enforce by government, it may bring them into trouble, such as they might receive penalty from the government. Next is economic factor. Fluctuation of US dollar, raw materials prices increase and fuel costs rising has bring an impact towards the gloves industry with challenging economic conditions (Hartalega, 2013). Fluctuation on US dollar has affected the margins of the company. The nitrile gloves have experienced declining its margins due to high raw materials price and face competition with their c ompetitors.Furthermore, demand for nitrile gloves have not affected by economic crisis and slowdown because it is a recession proof products and an essential thing in the healthcare sector. Hartalega expects the demand for nitrile gloves will maintain positive growth in the future and continue export to the other countries such as Europe, China and India. In economic factor, Hartalega might face the threat of high latex price. Latex prices change irregularly would create a threat to its margin. Supply of latex may be reduced due to the weather conditions as well as measures to support rubber prices by Thailand and Malaysia.The dry season in Thailand and Malaysia would decrease the production of latex. Thus, price of latex during dry season will be slightly higher compare to other season. In the social factor, the annual report of Hartalega has show that Hartalega has enjoy the 100% market share in Victoria, Australia because all public hospitals in this state only used Hartalegaâ₠¬â„¢s gloves. Global hospital supplies market also is one of the opportunities for Hartalega. People wearing gloves in the hospital help to prevent spread of germs and help to protect both medical staff and patients from infection.Hence, it also shows that Hartalega has a big opportunity to growth in this area. Hartalega can offer top quality and great selection of gloves to the hospitals or other industry, so that more and more people from all around the world can choose and use Hartalega’s gloves. Opportunity that can be found in this factor is industry recognition. Industry recognition defines as the degree of public awareness for the brand or products. Hartalega has put many efforts in innovation, quality, R&D and good manufacturing.Thus, Hartalega has the opportunity to gain more recognition from all around the world as the company continually expands its business to more nations. Furthermore, technological factor is also one of the factors that affect a decision making abilities of the company. Advancements in technology enables Hartalega placed them with a competitive advantage in the glove industry. High efficiency production lines, automated product handling system, glove removal system, process simulator and biomass heat energy plant are the technologies that used by Hartalega (Hartalega, 2013).High efficiency production lines is the latest high speed production lines in the industry which able to produce 40,000 pieces of gloves per hour. Automated product handling system used to remove defect during transit, packing and storage. RFID tags are tagged in every pallet, so that can monitoring the product movements and make sure the products are on time delivery to the customers. Besides, glove removal system used to decrease the reliance towards the manual workforce. This system also able to remove nitrile and latex gloves quickly from the hand moulds.Process Simulator enable the company test their imagination in a timely manner and ensure quick delivery of a new product to their customers. The opportunity that found in this factor is advancement of technology. Technology advancement enables the company produce more pieces of gloves in a shorter time and better quality. Besides, automated product handling system that used by Hartalega also enable the company can easily track the location of the products and ensures provides an on time delivery to their customers. Last is ecological factor.Hartalega has set up a â€Å"next generation integrated glove manufacturing complex† (NGC) that contains high technology production lines and mainly involved in the production of rubber gloves (Hartalega, 2013). The project location is landscaped to be green and eco-friendly environment. Moreover, Hartalega has used biomass energy plants to avoid emission of Greenhouse Gases (Hartalega, 2013). Biomass energy plant is the only environmental friendly energy plant in the industry where it burn on the plantation waste to generate heat f or the production process.Hartalega also used effluent water treatment plants to ensure the waste that the company discharge is no harm to the environment. Biomass heat energy plant allowed Hartalega to conduct their business in a more effective way. Negative complaint about pollution could a threat for Hartalega. In year 2010, Hartalega has received complaints from Deputy Minister in the Prime Minister’s Dept and some residents of Taman Suria and claim that they are violate the environmental regulations that set by government. Hartalega deny all the accusation and declare that they are operating legally according to the regulations stated.Although Hartalega has state that they have independent inspectors and consultants who regularly test water and air emissions to ensure it is always full compliance with the requirements of government, but this also might happen again if they did not provide sufficient information and training that relates to the green environment to their employees. This also might affect the reputation and the creditworthiness of Hartalega and might caused the market share decrease in this particular time frame. 3. Industry Environment Industry environment is the concept to the foreground for the strategic thought and business planning.This includes Porter 5 Forces that explain the competitiveness of the particular company in the relevant industry. The strategic business manager can use this model or strategy to get a better understanding of the industry context in which the firm involves so that an effective strategy to compete with rival can be developed. There are 5 forces or factors to create the competitiveness of the company which is the threat of new entrants, threat of substitutes, bargaining power of suppliers, bargaining power of buyers and intensity of rivalry.Threat of the new entrants is the seriousness of the barriers occurred or presented by the existing competitors to the new entrants to enter the relevant industry o r market. A high threat of entry means that the new comers are likely to be attracted to the profits of the industry and can enter the market with ease. New entrants enter the market can threaten or decrease the profit gained by the existing competitors which mean high threat of entry will result the industry become more competitive. The glove industry has high threat of entrants as only RM1 million to RM1. millions is needed to start a line (CIMB Research Report, 2007). Cheap labor, low level of technology skills needed and natural gas access as well as the procurement price for latex due to bulk purchase making the barrier of entry high for the new entrants. However, although it is cheap to enter the industry, new comers may not be competitive as they have to differentiate themselves from other existing competitors and need to compete in terms of volume to enjoy the economies of scale. Moreover, threat of substitutes is the availability of product a consumer can purchase instead o f the industry’s product.The availability of close substitute products can make an industry more competitive and decrease the profitability of the particular market. The threat of substitutes for rubber glove industry is relatively low as the industry is dominated by the main 6 players, namely Top Glove, Supermax, Kossan Rubber, Hartalega, Latexx Partners and Adventa. Top Glove is the traditional industry leader but recent research showed that Hartalega has had taking on Top Glove in term of the success on the development of R&D (Research and Design) of Hartalega.The other reason for the low threat of substitutes is low rubber glove cost and making no incentives for the research house to find other alternatives. The bargaining power of suppliers explains the pressure the suppliers can exert on business by raising prices or reducing the quality of purchased goods and services. Powerful suppliers can squeeze the profitability out of an industry to recover cost increases in its own prices. (Pearce, 2012). The main raw material for rubber glove industry is latex.The steady easing in the price of latex since April 2011 and currently stable price appeared to be favorable to the glove manufacturers. Top Glove has ventured upstream into rubber plantations to secure a stable latex supply. Meanwhile, Kossan Rubber is concerning on the niche market that might get better margin, Supermax is putting effort on downstream distribution network and Hartalega is creating more values on its innovation technological of the production lines. So, the bargaining power of suppliers might be low as the results of effort that the glove manufacturers have putted.Furthermore, the bargaining power of buyers refers to the pressure the buyers can exert on business by force down the price, demand higher quality or more services and play competitors off against each other in term of the expense of industry profits. Strong buyers can pressure sellers to lower the prices for the products , improve products’ quality or offer better services. As mentioned just now, the substitutes for the rubber glove is low as the industry is dominated by the main six players. So, the bargaining power of buyer is tentatively low as well.It is because there is not much alternatives the buyers can choose to purchase. The buyers for glove industry are mainly as doctors or laboratory users. Lastly, intensity of rivalry explains to the extent to which firms within an industry put pressure on other competitors and limit their profit potential. High intensity of rivalry means competitors aggressively other competitors’ target and aggressively pricing products. The industry leader for rubber glove industry is always Top Glove where Hartalega is the world’s largest synthetic glove manufacturer.There is a high intensity of rivalry in the rubber glove industry. For instance, on the topic of labor costs with respect to the monthly minimum wages to be RM 900 in Peninsular Mal aysia and RM800 in Sabah and Sarawak, OSK Research Sdn Bhd. analyst Jerry Lee noted that Top Glove Corporation Bhd. might be the most impacted and Hartalega Holdings Bhd. is the least affected due to its innovation in automating its production lines. On this issue, Top Glove might be affected due to the ineffectiveness of handling the labor issue.It may affect its image of industry leader. As a conclusion, the threats of new entrants is high, threat of substitutes is low, bargaining power for both suppliers and buyers are low and there is high intensity of rivalry. So, the rubber glove manufacturing industry is attractive and still can earn good profit the 5 forces can be managed well by the relevant firms in the industry. 4. Operating Environment The operating environment describes the conditions, entities, events, and factors that surrounding the organization that will affect the choices and activities.A firm needs to depend on the operating environment because it will affect the organization in acquiring the needed resources or in term of profitability. The factors are the firm’s competitive position, the composition of its customers, its reputation among suppliers and creditors and its ability to attract qualified employees (Pearce, 2012). A firm’s competitive position explains the position of the particular firm in the relevant industry. It can be the leader industry or just a follower in the industry.By accessing the competitive position of the firm, the organization able to more accurately forecast both its short and long term growth and its profit potential. Hartalega is the world’s largest synthetic glove manufacturer where Top Glove is the industry leader in rubber glove industry. Although Hartalega is not the industry leader but it acquires sufficient resources and technology in generating more high quality gloves with its new automated production lines and glove removal system. And they are expert and have improved in R&D devel opment.The high efficiency production lines enable Hartalega to produce 40,000 pieces of gloves per hour per line, the highest among the industry where the glove removal system is capable of removing not only latex but also nitrile gloves up to a speed of 30,000 pieces of gloves per hour. These technologies make Hartalega to become the world’s largest synthetic glove manufacturer. Customer profile is the firm analyzes and identifies what type of the customers that the company served, what kind of customers they have and etc.The traditional approach of this factor is to segment the customers in term of geographic, demographic, psychographic and buyer behavior information (Pearce, 2012). This can allows the company to know the needs of each segment with ease and then satisfy their needs. The products that Hartalega offer are examination, surgical, laboratory, Clean Room Packed Class 100, Food Grade and so on. They also provide synthetic gloves to latex sensitive users from prot eins that may cause allergic reaction.Basically, the customers that Hartalega served are generally on the international market where Hartalega export their products to overseas to gain high profit. Medline, the largest manufacturer and distributor of healthcare supplies and services in US, is one for the two major customers of Hartalega. The next factor is the firm’s reputation among their suppliers. Firm regularly relies on its suppliers for financial support, services, resources and equipment. It is clearly seen that suppliers play an important role in determining an organization’s success or not.Hartalega has a strong reputation as the highest quality and lowest cost producer of nitrile gloves has enabled the firm to boost their sales every year. The financial support and resources that can be acquired from their suppliers are significant to the organization itself. Although the raw materials for produce the glove have increased which is latex, but Hartalega still c an manage to handle the situation by adjusting the price for the gloves. And the buyers can accept the adjustment in price that Hartalega made.That means the increase of price in raw material by the suppliers still can be acceptable by Hartalega and their buyers. Moreover, the reputation of the company does affect the reliability for their creditors. If the reputation of the organization is low, then the creditworthiness of the firm might be affected. That mean if the company is currently influence by negative rumors or news, probably the firm’s market share will be affected. Hartalega was affected by negative news which state that Hartalega was causing water and air pollution near Taman Suria, Batang Berjuntai in 2010.However, Hartalega has successful dismissed allegations of pollution where The Department of Environment (DOE) has claimed that Hartalega is complied with the Malaysian environment regulatory standard. This might affect the reputation and the creditworthiness o f Hartalega and might caused the market share decrease in this particular time frame. Other than that, Hartalega Chairman, Kuan Kam Hon claimed that Hartalega recorded revenue of RM931. 1 million, representing a significant 27% jump from RM734. million in the previous financial year while profit after tax increased to RM201. 4 million compared with RM190. 3 million for the last fiscal year. That means the company are currently gaining profit and they are able to implement a dividend policy which pay out minimum of 45% of the Group’s annual net profit as dividends to their shareholers. These few conditions showed that Hartalega are doing well in their business and able to earn profit in the industry. Lastly, the ability of the firm to attract capable employees is one of the components for the operating environment.The management for the human capital within the organization is vital for the organization to develop competitive advantage so that the organization can compete with their competitors. The organization needs to determine whether their workers or staffs are capable, skillful and experience or not. The more effective the management of human capital, the more easier the firm to achieve success in the industry. Hartalega has implemented a competitive remuneration package to their employees in order to recruit and retain performance centric individuals.They adopted several training programmes to encourage professional development and develop leadership skills among their employees such as Supervisor Development Programme and Group Leader Apprentice Programme. This programme is to invite talented students to learn the necessary skills and knowledge in manufacturing rubber gloves. The qualified students are able to become permanent workers for Hartalega. 5. Internal Analysis Value chain analysis is to understand how a business creates customer value by examining the contributions of different activities within the business to that value (Pearce II, J. A. , & Robinson, R. B. , Jr. , 2013). The value chain includes the primary activities and support activities. Primary activities involve inbound logistics, operations, outbound logistics, marketing and sales, and service. Support activities involve general administration, human resource management, research, technology, and systems development, and procurement. First is inbound logistics. Hartalega adopted the global supply chain management for their company with the raw materials, components, and parts from all over the world. Latex plays an important in the Hartalega Company.Research analyst said the latex price rise soon. This situation will affect the Hartalega’s profit decrease. In the operations, Hartalega has high efficiency production lines. Hartalega from a beginning of a one line operation grow into a sizeable company of 43 production lines. They produce over 8 billion gloves annually. Hartalega is the highest speed production line in the industry. They can produce 40,000 pieces of gloves per hour per line. They never decrease the quality of gloves even though they produce the gloves at such high speed.Their programmable logic controls measured and acquired every critical parameter. It is communicated to the Supervisory Control and Data Acquisition system and later fed to the Data Management System for trending and other analytical auditing. Third is outbound logistics. Customer can buy the product through the internet. Customers can order their products, make request and register to receive materials on some pages. Customers need to fill in their name, address email address and phone number only and submit to the Hartalega, and then Hartalega will deliver the product which is already order by customer to the ustomer. If the customer orders a gift online and they want Hartalega sent it directly to the recipient, customer need to submit the recipient’s address. In the marketing and sales, Hartalega is the largest producer of premium qual ity nitrile gloves in the world. They have good reputation as produce the nitrile gloves at the highest quality and lowest cost. It helped the Hartalega Company increase their sales during the year under review. Nowadays, many companies do their business in China and India. Hartalega also do their business in China and India.It is because these countries have high population figures. Demand from existing customers grows and Hartalega also try to attract new customers. Next is service. Hartalega receive some complaint about ammonia gas and chemical waste pollution. The Department of Environment (DOE) already checks the Hartalega’s factory and cleared glove manufacturer Hartalega Holdings of allegation pollution. Selangor DOE director Che Asmah Ibrahim said that Hartalega Holdings has compliance with the rule and regulation and they no need close the factory. General administration or management is one of the supportive activities.Profit margin of Hartalega has decrease compare d with the previous financial year. Although their profit margin decreases, they also maintain the highest margins in the sector globally. Although margins narrowed slightly, it is because of this foresight that we still achieved an absolute increase in our bottom line on year on year basis. Second supportive activity is procurement. Procurement is a part of inbound logistics or purchasing activities. Hartalega adopted the global supply chain management for their company with the raw materials, components, and parts from all over the world.Global supply chain management help the company compete all over the world and give company a competitive advantage. Company also can lower the supply chain cost if adopt the global supply chain management. Next is human resource management. Hartalega has implemented a competitive remuneration package to their employees in order to recruit and retain performance centric individuals. They also become the number one company for talent, they not only in the glove manufacturing sector but in the manufacturing sector large.Hartalega has provided several training programmes to encourage professional development and develop leadership skills among their employees such as Supervisor Development Programme and Group Leader Apprentice Programme. This programme is to invite talented students to learn the necessary skills and knowledge in manufacturing rubber gloves. The qualified students are able to become permanent workers for Hartalega. Last is research and development. Hartalega Company is focused on research and development (R&D). They highly focused on research and development because they want to ensure continuous product innovation.Research and development helps the Hartalega increase the barrier to entry. It is because the characteristics of synthetic nitrile, which needs careful R&D to ensure similar consistency to natural rubber gloves in terms of softness and elasticity. Besides that, R&D also helps the Hartalega successfull y reduced raw material usage per unit and do not decrease the product quality. They also have raised the bar with their various inventions and have far surpassed the industry due to their engineering capabilities in their manufacturing processes.Therefore, Hartalega highly focused on research and development because R&D helps Hartalega to benefit from maintaining the product quality at lower unit production costs, increases the barrier to entry, and the ability to reduce prices without affecting margins. Value chain analysis can helps Hartalega found the strength and weaknesses. First strength from Hartalega is company adopt the global supply chain management and it help the company lower the supply chain cost and give company a competitive advantage. Second is high efficiency production line.Third is customer can buy the product through the internet. Fourth is good reputation at the highest quality and lowest cost and it helping the Hartalega increase their sales. Next is Hartalega has provided several training programmes to encourage professional development and develop leadership skills among their employees. It helps Hartalega attract new employee and help their existing employee become more talented. Superior success in R&D activities leading to product innovative is strength from Hartalega. On the other hand, Hartalega also have some weaknesses.First is Hartalega receiving some complaint about ammonia gas and chemical waste pollution. Although Department of Environment said that Hartalega Holdings has compliance with the rule and regulation and they no need close the factory but it also influence the reputation of Hartalega. Another weakness is profit margin of Hartalega has decrease compared with the previous financial year. 6. Strategy Formulation TOWS Martix | Strengths 1. Global supply chain management 2. High efficiency production line 3.Online purchasing 4. Good reputation 5. Training programmes 6. Strongly R&D| Weaknesses 1. Receive compliant infl uence reputation 2. Profit margin decrease | Opportunities 1. Industry recognition 2. Global hospital suppliers and industrial laboratory 3. Synthetic glove | a) Strengths- Opportunities (SO) 1. Market development (S3, S4, O2) 2. Product development (S6, O2)| b) Weaknesses-Opportunities (WO) 1. Concentrated growth (W2, O2, O3)| Threats 1.High latex price 2. Government regulatory 3. High intensity of rivalry | c) Strengths – Threats (ST) 1. Innovation (S6,T3)| d) Weaknesses- Threats (WT) 1. Vertical Integration (W2, T1, T3)| a) Strengths-Opportunities Strategy (SO) SO strategy is using the firm’s internal strengths to take advantage of external opportunities. It is the most favourable situation which allows the firm to faces several environment opportunities and has numerous strengths that encourage pursuit of those opportunities (Pearce & Robinson, 2013). 1.Market development (S3, S4, O2) Hartalega have a good reputation as produce the nitrile at the highest quality an d lowest cost in the world and online purchasing. The main buyers for Hartalega are doctors or laboratory users. Therefore, Hartalega can use their main buyers as one of their company strengths to take advantage to global hospital supplies and industrial laboratory market. Hartalega able to offer the highest quality, lowest cost and at the same time they can provide variety types of gloves to hospitals and industrial laboratory.Besides that, customers around the world also can easily and convenience to make an order directly for the company website, this is because Hartalega had prepared the online purchasing method for their customer and business partners. These will make more and more hospitals and industrial laboratory around the world recognize and use Hartalega’s gloves. On the other hand, this method can help Hartalega to increase their sales and profit as well. 2. Product development (S6, O2) Hartalega is expert on their research and development (R&D).Therefore, Hartal ega can use this strength to develop more different types of gloves to attract more customers from global hospital supplier and industrial laboratory market. In addition, due to them expert in R&D, they not only focus the needs of the hospital and industrial laboratory, but also can try to satisfy the need for other different customer in order to help Hartalega to increase their market share also. So, they can come out different types of qualities of the product to fulfil different groups of the customers’ need. ) Weaknesses-Opportunity Strategy (WO) WO strategy is to improve company internal weaknesses by taking advantage of external opportunities. A firm faces an impressive market opportunity but is constrained by weak internal resources (Pearce & Robinson. 2013) 1. Concentrated growth (W2, O2, O3) Hartalega can increase their production of synthetic gloves and expand more into global hospital supplier and industrial laboratory market. This is because the costs of raw mater ial to produce synthetic glove is cheaper than latex (Hartalega, 2012).Therefore, Hartalega can major expansion of synthetic gloves to global hospital supplier and industrial laboratory market will help them substantial cost savings to counter price competition and overcome the profit margin (Hartalega, 2012). So, Hartalega can avoid the high rises of latex price. By avoiding fluctuation of latex price, their profit earned will be more stable and able to increase the profit too. c) Strengths-Threats Strategy (ST) ST strategy is using the firm’s strengths to avoid or reduce the impact of external threats.A firm that has identified several key strengths faces an unfavorable environment (Pearce & Robinson, 2013). 1. Innovation (S6, T3) As mention on above, R&D is the strength for Hartalega. Therefore, Hartalega can use this strength to create the barrier to entry. R&D can help Hartalega successfully to reduce raw material usage per unit and maintain the product quality and incre ase the barrier to entry. So, Hartalega can offer the cheaper price to their customer compare with their competitors such as Top Glove.Hartalega also keep on focusing on their R&D in order to develop more different types of innovation product and try to beat down their competitors and become the leader in the rubber glove industry. d) Weaknesses-Threats Strategy (WT) WT strategy is a defensive tactics aimed at reducing internal weakness and avoid external threats. This is the least favorable situation, with the firm facing major environment threats from a weak resource position (Pearce & Robinson, 2013). 1. Vertical Integration (W2, T1, T3) Nowadays, the price for one of the raw material to produce glove which is latex is keep on rising.This situation was affected Hartalega’s profit to decrease. Therefore, Hartalega can benchmark other companies’ product and make a comparison on how other competitors performs their product activity effectively. This is useful to Hartal ega to improve the management control. The objective of benchmarking is to identify the best practices in performing an activity and learn how to down the costs of the raw material, less defects, or other outcomes related to excellence achieved (Pearce & Robinson, 2013). Hartalega can apply backward vertical integration to control their raw material price.For example, Hartalega can follow its competitor which is Top gloves has ventured upstream into the rubber plantation to secure a stable latex supply. 7. Recommendation A competitive advantage is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices. (Riley, 2012) Differentiation is one of the most practical ways in which Hartalega can gain advantage over other competitors in the rubber gloves industry.Differentiation can be achieved by Hartalega through high quality, efficient low cost manufacturing of glov es. Hartalega is recommend to continuously enhance their flexibility and efficiency in their production process scheduling, saving more time, employees efforts and the company’s money. Besides that, Hartalega needs to ensure all operations from the top to bottom must run efficiently by adopting programmable logic controller able to the monitoring of the operation automatically and promote continuous production that help in increase production and minimize cost.Hartalega should focus on customers’ satisfaction because it had placed a lot of emphasis in R&D to produce a wide and diversified range of high quality and value-added glove products in order to fulfil the expectation of their customers. The company also collaborates closely with related government agencies and Ministries to keep itself abreast of the latest development in rubber research technology. Hartalega also can uses state-of-art technology and efficient automatic glove manufacturing machine to obtain the highest yield and to remain as one of the most cost-effective and highest quality producer in the industry.With all these advantages and strategies, Hartalega is able to compete and stand out in the industry. For the Goods and Service Design, Hartalega can print instructions and methods of wearing gloves on the packaging. Besides, Hartalega can focus on detailed product design such as creating innovative glove with functions and amenity features for all type range of gloves use in surgical and clinical practice and operation.In addition, Hartalega products packaging must provide with its product outlook and description that meet the preferences of their customer across different countries and cultures. Concerning fluctuation price on raw material, Hartalega needs to find multiple sources of raw materials to avoid high fluctuation of cost on raw materials. Therefore, Hartalega is recommended to invest more and expand their own rubber plantation acreage, this would reduce their depen dence on raw rubber from other suppliers.Hartalega has to maintain and enhance its products and operation quality endlessly, therefore, Hartalega always needs to audit their operation and the product quality control to ensure low / no defects in their production based on the Six Sigma and Total Quality Management procedure. On the other hand, Hartalega needs to review foreign countries’ Acceptable Quality Level to improve in their company’s quality management system (Bheda, 2010) Perhaps, Hartalega needs to adopt total quality management or R&D on high quality latex to ensure producing high quality products that meet their customer expectation.In conclusion, each key analysis and discussion on Hartalega manufacturing operation will help in understanding and makes improvement from each operation processes based on the studies of latest operation management system. With this, Hartalega will be able to maintain or strengthen each of its manufacture’s operation and its products positioning in the world market.

Speech By The First Lady Michelle Obama Essay Example

Speech By The First Lady Michelle Obama Essay Example Speech By The First Lady Michelle Obama Essay Speech By The First Lady Michelle Obama Essay The real sender is President Obama. One of the main reasons for that is from the line where she says you guys and students like you across America are at the heart Of one Of my husbands most important goals as President. She is delivering a message that the President is thinking about the future of the country and one of his main goals would be to make the school system better especially when it at this time is so proven that it is going backwards. So the sender is President Obama presented by his wife that can assimilate to these young students, by telling them how she was dealing with her school time witch was not easy. The receiver The receiver of this speech is made to the students but also to the parents off hose students, by telling them that even if these students are not the richest youngsters in the country they can still make it, if they just have the ambitions for it. In the speech she told the students that she had to go across town to study and that her family were not rich or educated. This sentence stayed in my head, because this was the message to the parents that they should push their kids to keep on studying, the students also received the message that even if life is tuff on them now they could become what they wanted to, if they just set their mind into it. The purpose My opinion is that this speech, even when it is told in a classroom and in front of students it is a campaign move from the Obama camp. Because the President, when he came to power, made a plan that by 2020, 2/3 of the jobs in the US are going to be needed to employed by people with a higher education then a high school diploma. This plan has widely been criticized because a lot of people think it is a goal set too high. One of the other purposes of this speech is like the first lady pointed out, that in the couple of decades the country has slipped from being the highest country with educated people to a 12th place in the world. And if this goes on it could be devastating for the country. This is also an attack on the prier leadership of the country that made the faults that made the country slip school wise. Ergo she and the President would turn it around and make America one of the best school in the world and get back to its right place. The first lady is also giving the students the message that they need to take responsibility in the ambitions to become the best. Because whatever the state and the school dc they can not do anything if the students do not think higher of them self and rye to better them self. She also talks about from her own personal life when teachers told her that she were setting her sights too high, and that she cool( not get into one of the best schools of America, Princeton. This is a problem well known in America that teachers do not believe in their students, especially in the lower class of the population. This speech that the first lady gave, did really give me doubts about how real it was, even with the first lady talking about her own personal experience, she gave too many hints that it was politically motivated. She talked a lot about the pressure that the lower lass of America is experiencing today, with not having enough energy to complete their education, and not stopping after high school. And that even i they come from a humble family they should break out of their social patter and become something bigger even if their own teachers doubt them, that should just encounter them for doing it more. She also says that if the students do not take responsibility it will become tuff, no matter what the state does to help them on their way, that the country slipped from a first place in the world to a 12th place in the educational world, for me is like ling that the hold country has slipped and not only the school system, because as we know America has in the couple of years really been pressed by other states in the world as head leaders like China, Russia and Brazil.