The Last Rajan Essay Example

The Last Rajan Essay Brief lntegrative Case 2 The Last Rajah: Ratan Tata and Tatas Among Asias business titans, Ratan N. Tata stands out for his modesty. The chairman of the Tata Group-Indias biggest conglomerate, with businesses ranging fiom software, cars, and steel to phone service, tea bags, and wristwatchesusually drives himself to the office in his $12,500 Tata Indigo Marina wagon. He prefers to spend weekends in solitude with his two dogs at a beachfront home he designed himself. And disdainful of pretense, he travels alone even on long business trips, eschewing the retinues of aides who typically coddle corporate chieftains. But the 69-year-old Tata also has a daredevil streak. An avid aviator, he often flies his own Falcon 2000 business jet around India. And in February he caused a sensation at the Aero India 2007 air show by co-piloting Lockheed F-16 and Boeing F-18 fighter jetS. Tatas business dealings reflect the bolder side of his personality. In the past four years he has embarked on an investment binge that is building his group from a oncestodgy regional player into a global heavyweight. Since 2003,Tata has bought the truck unit of South Koreas Daewoo Motors, a stake in one of Indonesias biggest coal mines, and steel mills in Singapore, Thailand, and Vietnam. It has taken over a slew of tony hotels, including New Yorks Pierre, the Ritz-Carlton in Boston, and San Franciscos Camden Place. The 2004 purchase of Tyco Intemationals undersea telecom cables for $130 million, a price that in hindsight looks like a steal, turned Tata into the worlds the group plans $28 billion in capital investments at home over the next f,rve years in steel, autos, telecom, power, chemicals, and more. We rescaled our thinking in telms of glowth, Tata says over tea at Bombay House, the groups headquartels since 7926, a tranquil oasis with well-worn marble floors, a vast collection of modern Indian art, and staffers who circulate with bowls of vanilla ice cream every day at 3 p. m. We just forced and cajoled our businesses to make this happen. The forcing and cajoling have worked brilliantly. The market value of the 18 listed Tata companies has swelled to $62 billion, from $12 billion, since 2003. Group sales and profits have doubled, to $29 billion and $2. billion, respectively. The three big companies that account for 75 percent of sales-Tata Steel, Tata Motors, and Tata Consultancy Services-are enjoying some of their best years ever. And in May, Tata Tea netted $523 million in prof,rt when Coca-Cola Co. (KO) paid $1. 2 billion fol its 30 percent stake in Energy Brands Inc. , the maker of Glaceau VitaminWater. Not bad for a purchase made just nine months earlier. This is a transformed Tata, says Rajeev Gupta, managing director of private equity shop Carlyle Advisory Partners. The global push began four years ago. We will write a custom essay sample on The Last Rajan specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Last Rajan specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Last Rajan specifically for you FOR ONLY $16.38 $13.9/page Hire Writer After a roc? biggest carrier of international phone calls. With its $91 million buyout of British engineering frm Incat International, Tiata Technologies now is a major supplier of outsourced industrial design for American auto and aerospace companies, with 3,300 engineers in India, the United States, and Europe. frst decade as chairman, Tata commissioned a sweeping The crowning deal to date has been Tata Steels review to plot strategy, including a study comparing India with China. He was struck by the sheer audacity of Chinese projects. Whether they built a port or ahighway, they did it big, the kind of scale that caused skepttcs is over the top, he saYs. Bu[ o it. lndia, he concluded, should should Tata Group. By levercgin9 into rurb $13 billion takeover in April of Dutch-British steel giant Corus Group, a target that would have been unthinkable just a few years ago. In one swoop, the move greatly expands Tata Steels range of finished products, secures access to automakers across the United States and Europe, ochargo ^n ; :1ii: r*ii: iffiitf:iij and boosts its capacity fivefold, with mills added in Pennsylvania and Ohio. leagues Now, a new gambit may catapult Tata into the big of global auto manufaCfu? ing: The company is said to be weighing a bid for Jagiar Cars and Land Rover, which Ford Motor Co. wants to sell. On top of all this, 372 Brief lntegratiwe Case 2 The Last Rajah: Ratan Tata and Tata,s Global Expansion 373 Building an oryanization with a coherent vision and major deals and pushed for acquisitions capable of succeeding in so many industries and so many such as Corus. The ventures lnto passenger markets, though, is a daunting cals and telecom are his task. Asia has wrtnessed babies. And Tata is rnstrumental the rise of many soup-to_nuts in hatching new busi_ behemoths that thrived nesses, bouncing ideas gleaned when economic tides were from his travels to manag_ high, such as Koreas Daewoo, ers for. follow_up Thailands Char. oen Pokphand, and Indonesias Salim Ratan Tata serves another Group. Most eventually fell vital function: While at ease apart. The leal test for Tata, with lawyers and inves tment too, is likely to come when bankers, he remains firmly Indias boom abates and bat_ planted in the developing tles for talent and market share world. He is a passlonate pl-o_ invol ving both aggr. essive motel of corporate social responsibilitv. Indian r. ivals and deep-pocketed a mission that multinationals intensify dates to the group,s founding But unlike most other Asian groups, ,Tata in the 1SZos by Tatas greatalready has grandfather, Jamsetji proved it can survrve turmoil Tata. The founder w as a proneering and constantly reinvent industrialist, philanthropist, itself, says Harvard Business and fervent nationalist who School professor. Tar. n traveled to the United States with Khanna, who has closely studied a swaml, meeting the the group for a decade. tycoons of the day. He opened AI the center of the emptre is India, s hrst textile mill, in Tata himself. An ar. chi_ large part to wean Indians tecture graduate from Cornell from their industrial dependUniversity in 1 962, he ence on Britain, which until then serves as the gr. oups chief dealmaker had miIed much of the vrstonar. y, and spir_ subcontinent,s cotton and then itu al cement. He joined the company, shipped the high-cost cloth after college, then back to the colonies. Tata offered steadily rose thr. ough the ranks. worker. benefits such as He took over 16 years child care and pensions long before ago-after the death of his gregarious most companies in uncle, J R. D. the West, and later one of Jamsetji s Tata-just as India began dismantling sons helpecl bankroil decades of socialista young Mahatma Gandhi while style business controls. Tata has he agitated in South overseen sharp downsizAfrica for the rIghts of immigrant ing, ris? plunges into auto Indians. manufacturing and telecom, To thjs day, the Tata Gloup and a transformation of the r. mains devoted to good conglomerate s insular and works: Charitable trusts own lethargic management culture. 66 percent of the shares in Now he wants to prove parent Tata Sons, and many of its Tata companies can c ompete companies fund gr-assin the rich West as well roots antipoverty plojects that seem as in the unpredictable but far lemoved from hugely promiOing markets of their core businesses. Ask the developi ng world. Whats the chairman to name mole, Tata wants to set gloups the biggest challenges and he quickly the group solidly on a path to achieving all this befo? cires two: Talent, and retaining he retires. our value system as we get bigger. and more diverse. We have The barrel-chested tycoon to rncrease the management hasn,t named a successor. or bandwidth, and with the same said when he plans to step ethical standards. ,, down. He,ll t* iO in Decem_ He also concedes that the gr. oup be? , but he still has a vicelike is much less focused handshake, and associates than he envisioned back in are amazed at his command 1991, when he pledged to pare of nomb. , and technical it from details of the various Tata scores of companies to companfr. fri_r. es his fail_ . just a dozen did dump marginal businesses-cosmetics or so. Tata ure to designate a successor all the more disconcerting. cement-but pants, and Some even quesrion entered letail, telecom, biotech, wherhe? hi. ,t;;:tuiriigtrt and others spur the Today, Tata Group . ,V/ho compnses nearly 100 companies will U tti 4uf,;rorries one i:ups breakup. with 300 subsidiaries in 40 businesses. veteran insider. ,,Will there even be u-. noul leader? ,, Slimming the group down is Tata to oversee the gr. oup. y at a company museum. rough gener. tions of parsi escended from persians. one ar. ea where set out to do,,,he admits. I have not succeeded in what I d childless_and his siblings. It His r-eclusive half_brother, tail chain, but it,s unclear Succession ,,is a problem,,, volved in more issues than does step down, Ratan Tata hough he and other family of shares in Tata Sons, the h controlling stakes in its three half_sister. s aren,t s key units including Tata inrimarely inr4plved in all nesses His hope is that Tata s unorthodox structurc will give individual companies the agility to respond to new opportunihes and ill. ats. The organization is a lot lighter than a Wester. n conglomerate, says Alan Rosling, a Bliton who s pearheads international expanston for Tata. There is no central sftategy. We don t even have consolidated finan_ cial statements, The group is bound together by the small staffs of Tata Sons and another holding company, Tata Industries. These two chaired , by Ratan, provide strategic vtslon, control the Tata brand, and lend a hand on big deals. And Tata Sons can raise cash to launch new busi_ or help fund purchases such as Corus. In 2004 ]t 344 Part 3 lnternational Strategic Management in pulled in $1. 3 billion by floating a 10 percent share the companYs home b time capsule of a more city of genteel coloni urld, hukd from the $40 million a Year sup even though it emPloYs residents. And in its agreed Iesembles a I age, a leafY wide boulesPends some to early retirement got full pay until age 60 and lifelong health care. Tata Steel also spends mlllions annually on education nearby health, and agricultural development plojects in 800 a dusty outpost villages. In Sidhma Kudhar, for instance, of whitewashed stone houses with thatched roofs the crop 32 families until two years ago subsisted on a single a nonintrusive manner. The chief steward, though, cleally is Ratan Tata He jatlopha bushes seedlings for future income, as well as now whose ieeds can be used for biofuel Most childlen village has attend classes in the reftrrbished school, and the tllee televisions, powered by Tata solar units that also supply clocks. strike at Tata Motors Pune plant, militant unionists of the assaulted Tata managers and occupied a section city. higher-cost operations u*stion will the test now that Tata loads the Indian steeland absorbing Corus weaken malgins One key If you Put a gun Tata is what to do with Cotus mills such as the one at port Talbot in Wales, which employs 3,000 workers Tata says had better take the gun Im not moving. uraman, But the u it, says Muthpeople Ive ever Tata Steel Talbot to have to cut jobs. and broke the strike aft and the milita nts. While he doesnt look hes one of the toughest A delegation of 20 Corus labol reps known. The transformation of Tata Steel illustrates his impact obal In the early ompetition, antiquated P entation . *itl or1- Leahy. But how will own We comichael they be able to translate those prin- calls Muthuraman. Over the yeats, Tata cut the workforce from 78,000 to 38,000 and spent $2. 5 billion on modernization A decade later, Tata Steel had become one of the worlds efficient and profitable producels and began to most acquire rivals. Ratan was the chief architect of the Coius deal, says Muthuraman. I was worried about the conmagnitude and the amount of money But he instilled Because Tata is one of the few big fidence. The strategy: ore steelmakers with its own abundant coal and iron produce raw steel at low cost in India and reserves, it can then ship it to Oorus first-rate mills in the Vyest to make finished products. But Tata Steel highlights the challenges of balancing Old World ways w ith New Economy realities Jamshedpur TheY ciples into the British and European context? couldnt answel that' A bid fol Jaguar and L even more daunting challe give Tata a luxurY bland an would be an uPhill climb to r which was damaged bY sha Tata executives, who wont c and Land Rover, have dow United States, citing the hig mitments in emerging m mall cars under the Rover years amid comPlaints abou once made onlY trucks, sur cess of the Indica, an affor grief lntegratiwe Gase 2 The Last Rajah: Ratan Tata and Tatas Global Expansion 375 from scratch and rolled out in the 1990s. The Indica is now Indias number-two car and is selling well in South Africa, Spain, and Italy. Tata also will soon stafi exporting cars and trucks through a venture with Fiat (FIA) and is eyeing a similar project in South America. The company had another big hit in 2006 with the Ace, a bare-bones truck for less than $6,000. Tata already is boosting its output from 75,000 minitrucks to 250,000. energy giant British Peffoleum (BP), supplies buildings in Germany with rooftop solar-electric systems. But in developing nations, the company sees a vast market in bringing affordable power to villages that are off the power grid. The company has introduced low-cost, solar-powered water pumps, refrigerators, and $30 lanterns that bum for two hours on a days charge. And it has fitted 50,000 homes with $300 systems that can power two lights, a hot plate, a fan, and a l4-inch TV. But this is a drop in the ocean, says Tata BP Solar CEO K. Subramanya. We ought to be touching millions. There is little question that the opportunities for Tata in India and abroad are staggering. But can the group succeed on all these fronts simultaneously? The interesting dilemmas will come when the Indian economy slows and some Tata affrliates inevitably stumble. Future managers could look at expensive burdens such as Jamshedpur and rural-development projects as tempting targets for cuts when times get tight. Tata companies could lose interest in low-cost goods for the masses without a passionate promoter as group chairman. And the group could take a tougher look at businesses to spin off. For the foreseeable future, though, these are nonissues. Though Tata vows that he wont carry this on endlessly, he says he will stay on at least two years beyond when he chooses a successor. So he seems likely to fulfrll the last big item on his agenda: building a network of companies capable of tluiving in 21st-century global competition while still adhering to traditional values long after the departure of Ratan Tata. Strrrnlrles Ratans big passion, though, is the one lakh car. (One lakh is 100,000 rupees. And that many rupees equals about $2,500. ) Since the mid-1990s, he has wanted to develop reliable but supercheap vehicles, a project he believes could ultimately revolutionize the auto industry and make India a major economic power. Tata personally supervised the project and traveled frequently to Tata Motors development center in Pune to check on progress. Originally he envisioned a fundamentally new kind of vehicle-one made of plastics, for example, that didnt even resemble what we think of today as a car. He concedes that the spartan, oval-shaped model to be launched n early 2008 doesnt meet his lofty aims. Its made of steel. And it looks like, well, a car. To get the price to $2,500, engineers shrunk the size and stlipped out frills such as reclining seats and a radio. There is not a lot of innovation, he says. We didnt reinvent the business. Tata has similar ambitions to reinvent solar energy. Tata BP Solar Ltd. , a $260 million venture with British Go-Go Tata Since beginning a global push four years ago, lndias once-plodding Tata Group has expanded aggressively at home and abroad in a wide range of industries. Some of its major holdings: Building a new car plant and sharply boosting output of its small truck, the Ace. A new venture with Fiat will co-produce 1 50,000 cars and 250,000 trucks annually. The biggest gamble: a $2,500 peoples carto be launched in 2008. s7. 2 $490 BILLION MILLION l+260/0l (+36%) TATA STEEL Bought mills in Singapore, Thailand, and Vietnam, and is now expanding in lndia. With its $13 billion purchase of Corus, Europes No. 2 steelmaker, capacity should reach 50 million tons by 2010, behind only Arcelor Mittal. $6. 6 $923 BILLION MILLION (+ee%) +33%) TATA CO N SU TTANCY SERVI CES Biding the software and tech services outsourcing boom, TCS has grown explosively in the past five years. Now its developing its own software for $4. 2 $930 = z BILLION MILLION transportation, retail, finance, and other industries. All figures for fiscal year N4ar 31, l+41%l l+43%l 2007 ) ,,, 37lo 0uestions for Review Part 3 lnternational Strategic Management l. How do the Tata Gr. oups strat egies in its home market differ from its international ventures? Do you think joint ventures are essential for Tatas future success? 2. What haye been Ratan Tatas most important strate_ gic initiatives for the company? Should his succes_ sor follow in his footsteps or pursue new paths for growth? 3. V/hat risks might Tata face in its global expansion? How might it manage their risks? Source: Reprinted with special permission from pete Engardio, . ,The Last Rajah: Indias Ratan Tata Aims to Transform His Once_Stodgy Conglomerate Into a Global Powerhouse. But Can It Thrive After He Steps Down? with Nandini Lakshman in Mumbai. BusinessWeek, August 2, 2007. Copyright @ 2007 by rhe McGraw-Hill Companies, Inc.

Cashing in on Local Copywriting Gigs

Cashing in on Local Copywriting Gigs When I began freelancing over a decade ago, I greatly enjoyed the challenge of pitching and achieving payment for writing magazine articles. But since the assignments weren’t easy to come My first step was to learn about search engine optimization (SEO) so I could attract clients to my website. That meant creating pages on my site for keyword combinations like â€Å"Sacramento copywriter† and â€Å"Sacramento freelance writer.† I also targeted a wider area with pages for â€Å"Silicon Valley copywriter† and â€Å"California freelance writer.† I decided that I would specialize in electronic newsletters, which included writing, creating, and managing them with Constant Contact. I planned to target my favorite local day spa as my first potential client, but I couldn’t find an email address for the owner (and I was too chicken to pick up the phone). So, I typed up a letter letting him know I was a long-time customer of the spa, as well as a local copywriter and marketing expert. I said that he was missing out on business opportunities I wrote and managed his electronic newsletter for $1,100 per month- a contract that went on for several years. And that client referred me to several other day spas near While my newsletter business grew, I joined several local networking groups, including two women’s business groups and the Sacramento chapter of Business Networking International (BNI). Referral groups like BNI and LeTip International conduct weekly meetings where local business owners share details about the services they offer. Among the many real estate agents, insurance brokers, and life coaches, I stood out as one of the only copywriters in the area- at least the only one who was showing up to those events. At one of the meetings, I met a website designer. He said his greatest challenge was getting his clients to write the copy for their web pages, which caused his projects to slow to a grinding halt. â€Å"If you can write the web page copy for them, you’ll make my life so much easier.† I agreed, and he referred three clients to me that first week. I charged around $200 per page, with a five-page minimum. The pages usually included Home, About, and several services pages. I taught clients that listing their services on individual pages with focused keyword combinations was good for their SEO. This allowed me to bring additional value to their businesses while also expanding the scope of my projects. I would usually meet with the clients in person or It wasn’t long before I began attracting clients outside of the area, thanks to the SEO I’d applied to my website. Several Silicon Valley companies hired me for various copywriting projects. One company actually hired me to write a unique greeting for the company holiday card. Just two lines of text, billed at my minimum project rate ($500)! My copywriting business grew so quickly that If you’re hungry for new ways to boost your writing business revenue, consider getting out in your local community. There are more business networking events than ever before. Aside from those I’ve already mentioned, check out your chambers of commerce, service groups like Rotary, and groups organized on Meetup.com. With a little effort and a dash of luck, your business could grow quickly, too.

Acute Exacerbation of Asthma

A respiratory viral infection plays a major role in important aspects of asthma and its exacerbation; which is nearly associated for about 80% of overall respiratory condition. Viral pathogen associated with wheezing includes Human Rhinovirus (HRV), Respiratory Syncytial Virus (RSV), Parainfluenza, and coronavirus (Busse & Lemanske. 2010). Rhinovirus is associated with common colds that may cause sore throat, sinus infection, ear infection and to some degree of bronchiolitis and pneumonia (American†¦ Dermatology Case Study Molly Artime, Paige Cooper, Shonna Dillman, Kasey Parrott, Brigitte Toingar Maryville University Dermatology Case Study The following case study has been given careful consideration. 64-year-old female presents to your office with the complaint of a contusion on her left outer calf 1 month ago when she hit her left leg on furniture at her home. Patient was seen in a local Urgent Care and given unknown antibiotics for a skin infection. Patient did not finish the antibiotic†¦ Airway/Breathing (Oxygenation) Pneumonia/Chronic Obstructive Pulmonary Disease Clinical Reasoning Case Study STUDENT Worksheet JoAnn Walker, 84 years old Overview This case study incorporates a common presentation seen by the nurse in clinical practice: community acquired pneumonia with a history of COPD causing an acute exacerbation. Principles of spiritual care are also naturally situated in this scenario to provide rich discussion of â€Å"how to† practically incorporate this into the nurse’s†¦ I. Introduction This is a case of a 74 year old woman who was diagnosed with Community Acquired Pneumonia. Pneumonia is an inflammation or infection of the lungs most commonly caused by a bacteria or virus. Pneumonia can also be caused by inhaling vomit or other foreign substances. In all cases, the lungs' air sacs fill with pus , mucous, and other liquids and cannot function properly. This means oxygen cannot reach the blood and the cells of the body. Most pneumonias are caused by bacterial†¦ and presenting symptoms, the doctor suspected an exacerbation of her COPD. He ordered a chest x-ray which revealed that fluid had accumulated in her lungs. Part of the disease process of COPD is hypersecretion of mucus which collects and fills the lungs (D., Chojnowski, 2003). The consolidation seen was most likely due to this process. Mrs. Jones's symptom work up revealed no obvious cause for this exacerbation, but up to 1/3 of COPD exacerbations have an unknown etiology (D., Chojnowski, 2003).†¦ Case Study: COPD Exacerbation Jeffrey Sherman Due Date: January 16, 2012 Wayland Baptist University Adult Health II COPD Exacerbation The purpose of this paper is to discuss an exacerbation of Chronic Obstructive Pulmonary Disease (COPD) and its effect on my patient, Mr. HS, a 78 year old male. In this paper we will look at the various facets in the disease process including its incidence, pathophysiology, presenting complaints, analysis of his clinical presentation, and discuss treatment†¦ This is a case study on a 76 year old man.Mr Alan Chari(pseudonym used to protect the identity of a patient),was admitted over night in my department.He is a divorcee who stays with son.He is a retired teacher and his son is permanently employed by a local company as an electrician.He is independent with activities of daily livings but is occasionally limited by his ill health.He used to be a heavy smoker .After realising the burden COPD has on general New Zealand population ,affecting about15%†¦ A case study of asthma in a 10 year old European child. This case study will cover the normal structure and function of the respiratory system. This case study will also discuss the changes that occur when asthma is triggered, and the routine diagnostic tests/vital signs for asthma. The normal range of the routine tests/vital signs for asthma and three nursing interventions that are required to meet the clients needs in relation to asthma will be explained further. To stay alive we need oxygen†¦ Assignment Asthma is a condition of the airways that affects millions of Australians and while the incidence is increasing, management strategies such as the written asthma action plan allow individuals to take control of their condition (Australian Asthma Handbook, 2016). This assignment will look at asthma’s common risk factors, the pathophysiology of the disease, while exploring the recent research in management of acute exacerbations and developing an asthma action plan for Sara from the case scenario†¦ Family Health Case Study Kirstin Fisher Beth-El College of Nursing and Health Sciences University of Colorado Colorado Springs A paper submitted in partial fulfillment of NURS 3010: Pathophysiology FALL 2016 Introduction The family member I will be focusing on in this paper will be my maternal grandfather, Andy Anderson. Mr. Anderson is 70 years old and was diagnosed with chronic obstructive pulmonary disease over 5 years ago. He is a†¦

Global Economy and Transnational Corporations Essay

Global Economy and Transnational Corporations - Essay Example If Reich’s theory is valid, then the role of the government is creating competitiveness for the nation is by being the custodians of the economy as opposed to being just regulators. In this case, the government must seek to develop the national capital through promoting education and through policies. Peter Dicken (2010) however seems to disagree with Reich’s look of the global economy and argues that the global economy can be measured by the way the multinational or transnational firms are operating. He argues that TNC (Transnational Corporations) are the barometers for a global economy. The dilemmas with this theory are that it does not take into attention some factors such as these multinationals do not necessarily pledge their economic allegiance to the nations where they are, but only consider where their best interest is safeguarded. However, it is important in that the presence of a multinational in a country may be an indication of an economy that is doing well. A good example can be seen in China and India which are doing very well economically after so many western multinationals moved their business to these nations. If this theory is valid, then it means that the role of the government is regulatory as opposed to being the custodians of the economy. Alfred Chandler (1977) seems to be in congruence with Peter Dicken. This is because he argues that the world economy is affected by the hierarchy of management in private businesses. This is also contrary to what Robert Reich postured with regard to the wealth of nations, or work of nations. According to Alfred Chandler, the middle management has converted Adam Smith’s invisible hand into a visible hand and now the wealth of nations is not created from the invisible hands that amount from everyone in the economy working together, but that the middle management in firms is the ones who drive the wealth of nations. The advantage of this theory is that it may not explain some situations such as in developing nations where the economy and industries are not as structured as in the developed nations.  Ã‚  

3 concepts about sociology in the narrative Living in McMinden Essay

3 concepts about sociology in the narrative Living in McMinden - Essay Example Gender socialization is the tendency for boys and girls to be socialized differently. Boys are raised to conform to the male gender role, and girls are raised to conform to the female gender role. A gender role is a set of behaviors, attitudes, and personality characteristics expected and encouraged of a person based on his or her sex. Gender socialization is often reinforced by the family, education, work and mass media. The statement in the narrative which exemplifies this concept was through the views of Suzanne Diedrich, a divorced mother. She said, â€Å"It is a rough world for both men and women, but men are supposed to be tough. I want my boys to be tough, like my Daddy was.† From this statement, it is obvious that Ms. Diedrich believed that boys are the â€Å"stronger† sex. Boys are viewed as the ones who are more physically active than girls. Even in our daily lives, we can observe that boys are usually given balls or baseball bats as presents while girls are g iven dolls or kitchen toys.

Chemistry and Math Essay Example for Free

Chemistry and Math Essay Education is the best legacy. This has been a lifelong statement that I have come to believe. Personally, I believe that learning continues until the death of a man. This is because no man can claim to know everything. Life faces us with new possibilities daily and there is the next thing waiting in line; a new ladder to climb and a new goal or dream to achieve. Therefore, while we appreciate our present academic achievement, we should strive more by seeking more knowledge to improve ourselves. Furthermore, I believe that the achievement of one goal should lead to the desire to set a higher one. In this context, I strongly subscribe to the idea that knowledge is imperishable and thus should be a priority for every person. There should naturally be a curiosity that will instigate the desire to know more and to acquire more knowledge from time to time. Consequently, I have educational and professional goals that I hold dear to my heart. Presently, I am a double major student studying Chemistry and Math. As part of my desire to learn more and add more to myself, I intend to enroll for postgraduate studies so that I can earn a Ph D in Chemistry. Due to my interest in Chemistry and Biology, I hope to attend medical school so that I can become a medical doctor. As a medical doctor, I want to specialize in the field of endocrinology or surgery. I have always dreamt that one day I will be able to open up my own private practice where I can help people with imbalances in their endocrine systems and help reduce pain that people go through daily. In addition to this, I hope that later in life I will be able to lecture Chemistry and also work with a pharmaceutical company in hopes of being able to synthesis new drugs in the fight against HIV. I know it takes a lot of dedication, focus and hard work to achieve all these but I believe nothing good comes easy and I live with this mindset every single day of my life. Consequently, I have developed a keen interest in and an unrivaled thirst for learning. As a professional, I would love to be a valuable asset so that I can give back to the community.

Unethical Pitbull Owners Essay -- Animals Dogs Pit Bull Terrier essays

Never Mind the Dog Beware of the Owner   Ã‚  Ã‚  Ã‚  Ã‚  The American Pit Bull Terrier is a good breed of dogs that has earned its popularity throughout the world. The Pit bull is well known to be a loyal, brave and a very good companion to its owner. However, caution should be taken to avoid these terriers from getting into the hands of unethical owners.   Ã‚  Ã‚  Ã‚  Ã‚  According to the United Kennel Club (UKC), the standard for the American Pit Bull Terrier is a dog that is square and powerful with a blocky head, prominent cheeks and jaw, taut, and muscular body. The dog’s ears maybe cropped or snipped. These dogs have a deep chest, and a short, glossy coat of any color. Size can range from 30-50 pounds for females and 35-60 pounds for males. The average pit bull today will cost you any where from one hundred and fifty dollars to one thousand dollars. Pit bulls have great physical and mental characteristics that make them excellent partners for responsible, active and caring owners (PBRC). Pitbull are very responsive to training, intelligent, strong, energetic, agile, and adaptable and are always eager to please (PBRC). For example, the Pit bull was America’s first war dog serving in WWI, saving many lives from soldier of nerve gases and other chemical and biological harm. Pit bulls were also used as watch or alert dogs. In a California based APBT (American Pitbull Terrier) rescue group-encompassed training for Pitbulls to assist persons with disabilities, and with people who needed ther...

Ethics Game Simulation †Essay Essay

The ethics simulation game is designed to teach us how to make ethical decisions especially when the company is facing challenging times. Making ethical decisions is not an easy task when ones decision will possibly have a great impact on each of the company’s stakeholder, whether they are shareholders or customers, in different ways. In this simulation, the company in focus is G-BioSport which specializes in sports nutrition and supplements sells. This company has so many great core values but the one that really stood out for me was the Customer Focus one, which says that â€Å"We keep our customers in mind during all our actions†. As I went through this simulation as the Quality Manager of G-BioSport, I kept this core value and the standards designed in company’s Code of Ethics as listed in the Quality Management Internal vs. External Standards, in the forefront of my decision making. The first decision that had to be made was about a product already on the ma rket that was contaminated; however, it only put a small percentage of users at a low risk. The question at hand is whether to warn and what information to provide to consumers about the contaminant? Should we publish information broadly about increased risk for specific groups, offer to replace tainted products or refund purchase price? Before making these decisions one had to go through four different lenses and steps of the critical decision making process. These lenses included the Rights and Responsibility lens, the Results lens, the Relationship lens, and the Reputation lens. After narrowing the possibilities down to two solutions using the Rights and Responsibilities Lens, the choice was made to disseminate information about on increased risk and allow consumers to make informed choices. Since this particular product complied with FDA standards, I did not see any reason to recall the product from the market. I also examined how this decision would impact each stakeholder of the company from the shareholders, company Chief Executive to the customers. As I indicated  in my memo to Carson Nelson, Chief Executive Officer, urging him to consider how each of us would like to b e treated in a similar situation and to allow our consumers to make informed choice. By providing information that allowed them to make informed choices, G-Bio Sport had fulfilled its duties and treated all consumers equally, and valued their autonomy. While there might be negative publicity risks involved by disclosing about product containment and can impact company’s bottom line, I believe that our duty to our customers must come first in this situation to continue maintaining public’s trust in our products. G-BioSport knew that giving out this information will not affect the majority of consumers, but we believe the need to be sensitive to those who will be affected, was very important. On a scale of 0 to 5, from low to high risk, my decision rated a 1 and decision quality was rated as â€Å"best†. This decision represented very low risk. Once the product had been sold to consumers, there is no way to entirely eliminate the possibility of a lawsuit. The goal at this point is to reduce the risk. Giving consumers information upon which to base informed choices about continued use of the product reduces both the risk of a lawsuit and the risk of adverse publicity. The second case addressed is whether to sell a product that does not meet U.S. safety requirements in a foreign market that has lower safety restrictions. Due to the recent FDA Regulations Changes, our products affected by the GBS-F contaminant no longer meet official standards which meant that we might need to recall these products in the U.S. However, based on Paul Marconi’s international Market Analysis, we might have an opportunity to expand our sales in overseas. It turns out, standards for food and drug product vary widely from country to country in ways that provide some opportunities as well as challenges. In many places, the products can still be sold legally and safely. I decided distribution of our product at overseas as a viable option rather than disposal. Given the extremely low level of risk for the vast majority of users, I suggested exploring other countries where the standards will allow us to sell these products legally and in a safe manner. As long as we disclose all the possible risks to our international customers, they can make an informed decision based on that. The focus of this decision making process w as guaranteeing basic liberties for the consumers. By using Relationships Lens and Reputation Lens, I decided to honor other countries’ rights to set  safety standards for their own citizens and sell the product where foreign regulations permit. On a scale of 0 to 5, from low to high risk, my decision rated a 1 and decision quality was rated as â€Å"best†. It represented very low risk for the company. Doing business entails risk. So long as the company sells the product at all, there is some risk of liability, even with a product that meets internal and external safety standards. Although an increasing number of countries have products liability laws to protect citizens, the rest of the world is still far less rigid than the U.S. Providing a warning label would likely reduce one’s risk of liability without increasing costs or reducing potential sales significantly. This decision making process through the simulation was very helpful for me. From evaluating the level of impact on the stakeholders to using different lenses and being clear of my role in the process taught me how to make ethical decisions. As Operations Manager for a non profit, I can use this process when I am making decisions about health and sa fety standards for our child care facilities and all the other aspects of my job.

Global Financial Market Essay

With the market turmoil of 2008 and 2009 in fairly recent memory, investors were feared to take risk in the stock markets, as instabilities of global stock market accordingly enhanced. Stock market is a key element prior to reflect the performance of economy. It is an important part of the economy of a country. The stock market plays a pivotal role in the growth of the industry and commerce of the country that eventually affects the economy of the country to a great extent. That is reason that the government, industry nd even the central banks of the country keep a close watch on the happenings of the stock market. The stock market is important from both the industry’s point of view as well as the investor’s point of view. Through this assignment, with particularly focusing on the performance of Hong Kong stock market, I am going to discuss the roles of the stock market that affect the economy by elaborating the functions of primary market and secondary market, and anal ysis the Hong Kong stock market in relation to the economy with statistics method. Importance of Stock Market The stock market is a necessary and essential aspect of commerce world-wide. Without a stock market, companies could not easily to raise the fund and capital, and investors could not quickly and easily trade shares through the stock market system, and the global economy would not be established into a maturity stage like now a day. The stock market and thus they play the most important role of supporting the growth of the industry and commerce in the country. That is the reason that a rising stock market is the sign of a developing industrial sector and a growing economy of the country. Primary market Whenever a company wants to raise funds for further expansion or settling up a new business venture, they have to either take a loan from a financial organization or they have to issue shares through the stock market. In fact, the stock market is the primary source for any company to raise funds for business expansions. If a company wants to raise some capital for the business it can issue shares of the company that is basically part ownership of the company rather than issuing debt for enhancing the capital and liquidity because of the cost efficiency. There are three main financial systems such as resources allocation, risk management and risk pricing to simultaneously and consistently perform in an economy under the philosophy of primary market. Resources allocation in the primary market Primary market can raise the fund for the company business plan in a short period. Economy can be affected according to any new IPO issued in the stock primary market. To issue shares for the investors to invest in the stocks, through the primary market of the stock exchange they can issue the shares and get the funds for business requirements. There are certain rules and regulations for getting listed at a stock exchange and they need to fulfill some criteria to issue stocks and go public. The company has the business plan which is required to borrow fund for implementation, and the company has planned to apply their fund raised by the stock market after issuing the share through IPO. Fund should be allocated in different areas of the business plan, and it can also increase the liquidity and capital. Refer to the IPO issuance of Industrial and Commercial Bank of China(ICBC) in 2006, ICBC was one of the biggest bank in China. After the IPO. ICBC was the world’s biggest ever IPO that makes it at the same becoming the biggest bank with the most capital in the world. These can significantly increase the confidence of the investors and reallocate the resources in investing into different market against their business plan. Risk pricing in the primary market Investors always assess and calculate the interest and return to every investment which they made. In the primary market of issuing stock listed on the stock exchange, rules and regulations are formed to dominate any new issuers. International banks and Investment banks are always the underwriter of the IPO. It can also comfort the investors that the risk has been assessed by experience large institutions accurately, and then the price of the share is announced to the public objectively. Investors can have more information to compare the return and lose through the provided information in the primary market. In the view of the above, investors will be attracted to invest into the IPO against the recommended pricing. More funding invests into the market that can make a positive impact to the economy. Risk management in primary market To issue IPO in the primary market, guaranteed investors should be confirmed to every IPO announced. This can help into managing the risk, as a minimum of fund can be ensured to the company which can control the risk exposure. The company may have liquidity problem in case of failure in raising the fund of IPO, therefore, the function of guaranteed investor and IPO underwriter can mitigate suck risk, and that can be a risk management to protect the interest of the company as well as the investors. It can reduce the uncertainties and managing the risks involved in investment market of economy. Secondary Market The secondary function of the stock market is that the market plays the role of a common platform for the buyers and sellers of these stocks that are listed at the stock market. It is the secondary market of the stock exchange where retail investors and institutional investors buy and sell the stocks. In fact it is these stock market traders who raise the fund for the businesses by investing in the stocks. So the stock market is not only providing the much required funds for boosting the business, but also providing a common place for stock trading. It is the stock market that makes it possible to sell the stocks at any point of time and get back the investment along with the profit. This makes the stocks much more liquid in nature and thereby attracting  investors  to invest in the stock market. Mobilize Savings in the secondary market When businesses or even individuals hold their money in form of shares, they can easily mobilize funds for investments. Securities traded in the secondary markets are not as liquid as cash therefore this limits the ease of accessing cash. Accumulation of funds for long-term capital projects is therefore easy and possible. The secondary market provides a convenient platform for the trade of securities hence shares can be easily converted to cash for investment. Investment Opportunities in the secondary market As opposed to holding money in savings accounts, the secondary market provides investors with an opportunity to save and at the same time invest. Shareholders can earn and make profit in investing in the secondary market, as the share price always rises and falls subject to the news in public and the environment of economy. In the secondary market, investment in shares does not require a large of fund, therefore, it provides a chance to invest and expand their portfolios. Stock market and economy (Statistical analysis) To support the analysis of stock market in related to the economy, I have done a t-test showing as below. Basically, as the stock market should reflect the economy in advance. I do the statistic in one year difference. Refer to the result, the difference is considered to not statistically significant. The stock market seem influencing the economy significantly. We can see the stock market dropped in 2008 that make the decrease of GDP in 2009. Due to the financial crisis in 2008, the stock market was in panic. This is one of the factors to decrease the GDP. In Hong Kong economy, as there was a great support due to the significant growth of China’s economy. In relation to the increase of HKEx index since 2009, the stock market was in recovery that bloom the economy and the Hong Kong property market has accordingly benefited to grow in these years. GDP was also reflected slightly growth. It can strongly evidence and prove that the performance of stock market obtains a strong relationship with the economy. Conclusions With the reference of the above, stock market is essential to the impact of economy. Companies could easily raise the fund thru the stock market by IPO in the primary market, in order to apply the fund in implementing the expansion business plan, and the investors could gain interest and profit in the secondary market in stock exchange that the capital fund of investors could be increased, in which both factors could have positive effect to the economy. In my recommendation, Hong Kong Exchange and Clearing Limited (HKEX) could consider to extend the trading hours. It could stay closer to other stock markets like USNY, London and etc. This implementation could attract more investors and equity fund to invest into Hong Kong stock market, as the time difference to other stock markets is shorten. It could increase the trading volume in the stock market. If the stock market becomes prosperous that makes the Hang Seng index increase, as more funds invest into Hong Kong, the economy in Hong Kong can accordingly rise in an absolute way.

Existential Therapy

Existential Therapy Running Head: EXISTENTIAL THERAPYExistential TherapyExistential TherapyIntroductionExistential therapy is a strong approach which embraces human potential, while remaining a realistic approach through its recognition of human limitation. Falling in the tradition of depth existential is common with humanistic, psychodynamic, experiential, and relational approaches to therapy. This therapy is fundamentally different from every kind of therapy. According to Ernesto, (2007) this therapy is for existence whereas psychologists recognize the practice of existential therapy as variety of psychotherapy. It also addresses life problems perspective and therefore acts as variety of psychotherapy.DiscussionAfter having the detailed knowledge about the existential therapy it could be recognized that the Ruth has some problem which belong to her personality and her earlier life, in which environment she has grown up, as she describe herself she was the oldest of four children and her father was a f undamentalist minister and her mother was a simple housewife.E is for Education and for ExistentialismAccording to Emmy, (2005) Ruth remembers her mother as being critical, and she thought that she could never do enough to please her. While her mother was supportive and the family demonstrated little affection in many ways Ruth took on the role of caring for her younger siblings, largely in the hope of winning the approval of her parents. It could be said that Ruth has some personality disorder and need to be council through the experienced psychiatrics.As far as existential therapy is concerned it deals with Psychological health, from an existential view, is characterized by an ability to navigate the complexities of own life of the Ruth, the world, and Ruth relationships with the world. Commotion, on the other hand, is taken as the outcome of avoiding life's truths and of working under the shadow of other expectations of the people and values.

MBA Project Management Essay Example | Topics and Well Written Essays - 1000 words

MBA Project Management - Essay Example Cross- utilization of resources would also reduce the cost. Hyten has taken a reasonable approach to implement formal project management. Project management cannot be implemented without taking the employees in confidence. For this purpose, it organized the seminar to enlighten the management with the benefits of project management. Having confidential interviews was a good way to understand the hurdles in implementing the project and employees' perceptions. However, the implementers should consider the arguments presented by the managers and devise solutions to cater to the problems involved especially to those presented by the plant and engineering managers. They should meet with the general manager and take him into confidence too. They should also consider the time period for creating an adequate information system required for project management. For that, they may approach an outside company to find out how much time it would take to create the same information system for them The organizational personnel were focusing more on the disadvantages. ... However most of them accepted the fact the long-term benefits were more than the disadvantages in short term. Many of the disadvantages focused on the changes that would be required as a result of project management. For example, the staff would have to break work summaries into work packages, prepare commitment reports, estimate report data, perform project audits and prepare comparisons of projected versus actual costs. Besides the present internal control system would have to be changed after reviewing it. All of these would require more resources. The advantages included improved communication among the departments, cross-utilization of resources, better scheduling and reduced costs. Hence, to gain the advantages, it is important to consider the disadvantages and the changes required. 4. Are the issues raised regarding evaluations and compensations valid Provide some solutions and are these areas really a result of formal project management The issues that are raised regarding evaluations and compensations are valid. If employees know that they can influence their evaluation and appraisals by siding with a particular manager, they might choose to do so. This may particularly happen when the functional and project manager do not get along together. These issues may be resolved by increasing cooperation between both the managers. For example, if a project manager assigns a task to a functional employee, he should notify the functional manager so that he does notfeel that his authority is surpassed. However, the issue may still remain if any or both of the managers are unwilling to cooperate. For this purpose, detailed evaluation forms may help. In those, the managers would have to give a detailed evaluation of the employees' assigned task

Business Model Generation Canvas Essay Example | Topics and Well Written Essays - 500 words

Business Model Generation Canvas - Essay Example so taking the utmost care to see to it that there is absolute visualization of the business model so created and the templates of the business model has got nine templates that fits very well for the better understanding and the due contribution from each of the participant. This type of Business model canvas can very well be formatted in a very large way depending on the number of participants and so even a very large number of the business participants can very well participate together and jointly contribute together towards the success of the business model canvas. Most of the people who participate in this joint exercise can very well contribute their own ideas and sketch down whatever they feel towards turning the business concern towards the success. Thus this Business Model Generation Canvas is a very powerful tools that can very well force business people to really undergo the process of first understand the problems of the business and then start the discussion process and finally create very useful and readily applicable ideas that can very well be applied to real time business problems. Thus as a final step it helps in the analysis of the business problems and gathers the ideas and the views of the different people participating in the business discussion. This kind of business canvas will very well help the business establishments in reaching and also setting new goals for the organization. This kind of model really challenges the business people to really think about the ways by which they can develop new and innovative business ideas which can very well satisfy the business goals of an organization that would very well satisfy and serve the business interests of its creators. This kind of business canvas is very well suited for any type of business organization be it a large or a small organization and this very well enhances the business capability of the organizations under consideration thus becoming a very important tool that could very well