People had become extremely dependent on technology free essay sample

People had become extremely dependent on technology. Nowadays, people have laptops, eBooks, etc. Life has come way easier than before because of all this new technology. People are just commonly fascinated in all that has been created in today’s world that makes the one task little bit easier by the push of a button. People cannot imagine their lives without technology. People start feeling anxious when hand phone and laptops are not with them. Dependent too much on technology has caused people to lose the ability to think for themselves. Instead of having to figure out the answers, they just go on the internet and find the answer that way. Everyone does it because they like to take the easy way out. Besides, some people would not be able to study without some form of technology and they could not continue study for more than a minute without checking their smart phone and laptops. We will write a custom essay sample on People had become extremely dependent on technology or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page For instance, many people no longer memorize phone number because they cell phone have a contact list which make memorization unnecessary. If these people didn’t have their cell phone when emergency, they would not be able to contact the people they would need. If they lost their cell phone and all of the contact, it’s very possible have no idea how to get in contact with anyone. Technology was invented to help people. But, instead people are using it as an excuse to be lazy. Nowadays, people are using the latest technology to make life just a little easier. The people take their cell phone added with high speed internet. So that they can deposit checks, make credit card payment and pay utilities bills by pressing some button on their smart phone. Due to the excessive use of texting and online chatting, people writing skill have plummeted. Instead of writing letter to communicate with people far away, they can just send a quick text. Cell phone and similar devices are allowing access to websites that allow family and friends stay connected instead of visit them even though it is near or using their phone to make a call. Besides that, people also can buy groceries, clothing, electrical appliances from internet at home. So, they didn’t go out to buy the things. Many people said that technology on jobs is easy nowadays too. Society is pushed in learning new technology to keep their jobs. Men and women that have been working for that certain career that now allows a machine or knowledge of a device to run it. For the new generation, they would not know what it is like to actually build with their hands and will be lost if the machine break out. Some industries had to have parts inspected and checked by hands. But now they have machine to do it. Technology is replacing life, and it is not a beneficial exchange. People also try not to depend on technology so much, therefore it’s encouraging positive thinking. Besides, the factories in encouraged not too depend on machinery so that people will not be unemployed.

Battle of Chattanooga in American Civil War

Battle of Chattanooga in American Civil War The Battle of Chattanooga was fought November 23-25, 1864, during the American Civil War (1861-1865) and saw Union forces relieve the city and drive away the Confederate Army of Tennessee. Following its defeat at the Battle of Chickamauga (Sept. 18-20, 1863), the Union Army of the Cumberland, led by Major General William S. Rosecrans, retreated back to its base at Chattanooga. Reaching the safety of the town, they quickly erected defenses before General Braxton Braggs pursuing Army of Tennessee arrived. Moving towards Chattanooga, Bragg assessed his options for dealing with the beaten enemy. Unwilling to incur the heavy losses associated with assaulting a well-fortified enemy, he considered moving across the Tennessee River. This move would force Rosecrans to abandon the city or risk being cut off from his lines of retreat north. Though ideal, Bragg was forced to dismiss this option as his army was short on ammunition and lacked sufficient pontoons to mount a major river crossing. As a result of these issues, and upon learning that Rosecrans troops were short on rations, he instead elected to lay siege to the city and moved his men into commanding positions atop Lookout Mountain and Missionary Ridge.   Opening the Cracker Line Across the lines, a psychologically shattered Rosecrans struggled with the day-to-day issues of his command and showed no willingness to take decisive action. With the situation deteriorating, President Abraham Lincoln created the Military Division of the Mississippi and placed Major General Ulysses S. Grant in command of all Union armies in the West. Moving quickly, Grant relieved Rosecrans, replacing him with Major General George H. Thomas. While en route to Chattanooga, Grant received word that Rosecrans was preparing to abandon the city. Sending word ahead that it was to be held at call costs, he received a reply from Thomas stating, We will hold the town till we starve. Arriving, Grant endorsed a plan by the Army of the Cumberlands chief engineer, Major General William F. Baldy Smith, to open a supply line to Chattanooga. After launching a successful amphibious landing at Browns Landing on October 27, west of the city, Smith was able open a supply route known as the Cracker Line. This ran from Kelleys Ferry to Wauhatchie Station, then turned north up the Lookout Valley to Browns Ferry. Supplies could then be moved across Moccasin Point to Chattanooga. Wauhatchie On the night of October 28/29, Bragg ordered Lieutenant General James Longstreet to sever the Cracker Line. Attacking at Wauhatchie, the Confederate general engaged Brigadier General John W. Gearys division. In one of the few Civil War battles fought entirely at night, Longstreets men were repulsed. With a way into Chattanooga open, Grant began reinforcing the Union position by sending Major General Joseph Hooker with the XI and XII Corps and then an additional four divisions under Major General William T. Sherman. While Union forces were growing, Bragg reduced his army by sending Longstreets corps to Knoxville to attack a Union force under Major General Ambrose Burnside. Armies Commanders: Union Major General Ulysses S. GrantMajor General George H. Thomas56,359 effectives Confederacy General Braxton BraggLieutenant General William Hardee44,010 men The Battle Above the Clouds Having consolidated his position, Grant began offensive operations on November 23, by ordering Thomas to advance from the city and take a string of hills near the foot of Missionary Ridge. The next day, Hooker was ordered to take Lookout Mountain. Crossing the Tennessee River, Hookers men found that the Confederates had failed to defend a defile between the river and mountain. Attacking through this opening, Hookers men succeeded in pushing the Confederates off the mountain. As the fighting ended around 3:00 PM, a fog descended on the mountain, earning the battle the name The Battle Above the Clouds (Map). To the north of the city, Grant ordered Sherman to attack the north end of Missionary Ridge. Moving across the river, Sherman took what he believed was the north end of the ridge, but was actually Billy Goat Hill. His advance was stopped by Confederates under Major General Patrick Cleburne at Tunnel Hill. Believing a frontal assault on Missionary Ridge to be suicidal, Grant planned to envelop Braggs line with Hooker attacking the south and Sherman from the north. To defend his position, Bragg had ordered three lines of rifle pits dug on the face of Missionary Ridge, with artillery on the crest. Missionary Ridge Moving out the next day, both attacks met with little success as Shermans men were unable to break Cleburnes line and Hooker was delayed by burned bridges over Chattanooga Creek. As reports of slow progress arrived, Grant began to believe that Bragg was weakening his center to reinforce his flanks. To test this, he ordered Thomas to have his men advance and take the first line of Confederate rifle pits on Missionary Ridge. Attacking, the Army of the Cumberland, which for weeks had endured taunts about the defeat at Chickamauga, succeeded in driving the Confederates from their position. Halting as ordered, the Army of the Cumberland soon found itself taking heavy fire from the other two lines of rifle pits above. Without orders, the men began advancing up the hill to continue the battle. Though initially furious at what he perceived to be a disregard for his orders, Grant moved to have the attack supported. On the ridge, Thomas men advanced steadily, aided by the fact that Braggs engineers had mistakenly placed the artillery on the actual crest of the ridge, rather than the military crest. This error prevented the guns from being brought to bear on the attackers. In one of the wars most dramatic events, the Union soldiers surged up the hill, broke Braggs center, and put the Army of Tennessee to rout. Aftermath The victory at Chattanooga cost Grant 753 killed, 4,722 wounded, and 349 missing. Braggs casualties were listed as 361 killed, 2,160 wounded, and 4,146 captured and missing. The Battle of Chattanooga opened the door for the invasion of the Deep South and the capture of Atlanta in 1864. In addition, the battle decimated the Army of Tennessee and forced Confederate President Jefferson Davis to relieve Bragg and replace him General Joseph E. Johnston. Following the battle, Braggs men retreated south to Dalton, GA. Hooker was dispatched to pursue the broken army, but was defeated by Cleburne at the Battle of Ringgold Gap on November 27, 1863. The Battle of Chattanooga was the last time Grant fought in the West as he moved East to deal with Confederate General Robert E. Lee the following spring. The Battle of Chattanooga is sometimes known as the Third Battle of Chattanooga in reference to the engagements fought in the area June 1862 and August 1863.

Avon Company Product Analysis

Avon Company Product Analysis Avon is a cosmetic company created to conduct business on enhancing women’s beauty. This brand is now a global leader with massive growth and high revenues. Being the world’s largest direct seller, Avon has captured a large market in more than hundred countries with millions of the sales representatives across the globe. The product line of Avon is quite large in spatial extent; it includes beauty products, fashion jewellery, clothing etc. This brand is giving the grounds for expectation and is achieving the solid status in the market. Avon is transacting with many countries and selling their brands in the regions such as North America, Latin America, Europe and Asia Pacific (Avon Company, 2010) map-marketFigure 1. COMPANY BACKGROUND Avon was established in America in 1886 with distinctive approach of selling womens cosmetics with the name of Avon calling.This idea of business was initiated by David McConnell from newyork.The main merchandise of business was not perfum e and creams but at the age of sixteen mcconnell started to sell books through door to door selling.He found out he was not able to entice the consumers to buy the books so he initiated the campaign by offering free gifts as perfumes which he produced with the collaboration of the pharmacist.Subsequently this turned out to be an incentive that became a mainline product for avon and the books were abolished, paving the way for Avon cosmetics’ existence. The door to door selling was made specifically to specification and later by 1887 Mcconnell hired around 13 women representatives. Moreover with the passage of time the company began to grow and the name was changed from california cosmetic company to Avon Products, Inc. Presently it ranks first across the nation in cosmetic industry with high revenues. MACRO ENVIRONMENT PEST ANALYSIS POLITICAL As avon is based in U.S we have to focus on the realtionship between both UK and US which is uniquely close and they share enormous tra de and economic relations. Both are top trading partners of each other hence the business relations of both the countries are strong and have wielding power. Also the trade bonds and affiliations are strengthened (U.S foreign policy, 2010) Avon uses its websites to market its products worldwide they have to follow the copyright policy of the United Kingdom. UK Government recently came up with the Consumer Protection (Distance Selling) conditions in order to protect consumers which are buying online and have no direct control with the seller. These Regulations are only applied to the consumers that purchase goods or services from a business and not if it is business-to-business purchases, land sales, vending machine purchases, and purchases made via auctions. Whereas to give distinguishing characteristics to the company such as trademark, one needs to get legal documents which gives permission to do something. (IPO, 2010). Avon completely defends and shields its trade mark so the con sumers can shop without difficulty and with safety. (Avon products, 2002) No one is treated in a different manner on the basis of their genders, age and religion. Every Employee may it be a male or female engaged in business if does not get their rights and employers fail to equally balance them can be fired and dismissed

Facilitating Change in Health and Social Care Essay

Facilitating Change in Health and Social Care - Essay Example The Economic factor is one of the key aspects in case of health and social care services. In this regard, Plamping (n.d) claimed that rising cost of the health and social care services leads to certain challenges for patients. However, it is witnessed that governmental authorities have availed financial resources to the health and social care organizations for the betterment of health and social care services. Plamping argued that through incorporating economic as well as cost-effective approach, care organizations could bring changes in health and social care services for the betterment of future. At the same time, the workforce is one of the essential aspects in case of health and social care services. Thus, it is essential for the health and social care organizations to enhance the skills and ability of the workforce for greater effectiveness in future. Apart from this, it can also be claimed that Whitstable Nursing Home (WNH) can reduce the cost of the workforce for improving the ir opportunities in terms of health and social care services. The rising expectation and quality care were driving the need for change. Social and demographic issues can negatively affect the overall performances of the health and social care services. For an instance, it can be argued that an individual’s health-related behavior such as smoking could adversely affect the surrounding and the physical environment. On the other hand, it can be claimed that social and cultural values (Plumbing, n.d.).

Web based training management system Essay Example | Topics and Well Written Essays - 750 words

Web based training management system - Essay Example The continuous search for value in the business organizations aided by technological revolution has led to significant investment into the development of the most critical resource of the organizations, the human resource. There have been radical changes in the area of organizational training. LRH Manufacturing Inc. has also decided to use a Web Based Training Management System. The project is aimed at improving the deliverables of the training activity by way use of IT in rigorous planning, deployment, feedback, data compilation, review and improve aspects of training. The traditional classroom training in organizations is increasingly being replaced by web based training because of its user friendliness, low cost and amount of content it can offer to users. At the same time it is a change activity which is to be positioned as change in cultural aspect of the organizations.The key to success of the change is communication with the people who will be affected by the new training proj ect to gain their support. In line with the government regulation which stipulates Web Based Training Management. Key to success is creating awareness and managing project stakeholders' expectations to minimize resistance and gain the necessary support to make implementation of improvement solutions successful.Stakeholders are individuals and groups who have the ability to influence or are impacted by the direction and success of the project. In the project under discussion, the stakeholders in the case of LRH Manufacturing Inc. have been defined as all the managers and executives of all the key departments viz. Sales & Marketing, Customer Service, Finance, Human Resources, Information Technology, Office Management, Product Development Research and Manufacturing Distribution. A stakeholder analysis was carried to differentiate communication needs among the stakeholders. A project stakeholder map (1) was developed which involved steps like listing of stake holders, listing of impact of project, organizational importance and attitudinal response to the project. Accordingly two main distinct groups have emerged i.e. Core Functions and support function. The prevailing regulations are aimed at the requirement that the product which is in the medical care area is reliable, accurate and cost effective since it is used for human life. Accordingly product research and manufacturing distribution are taken as core function. As the project is about web training, human resource and IT have been clubbed with core functions. The support function is sales & marketing; finance and office management. Higher level of acceptance and involvement is a critical success factor especially among the core functions and not so critical for support function, the communication plan will be different for the two categories. The Project Communication Plan Communication is defined as, "The exchange of thoughts, messages, or information, as by speech, signals, or writing." (The American Heritage Dictionary of the English Language, Fourth Edition). This essentially means that communication associated with a project has a single focus - bringing or aligning different minds associated with the event / plan of the organization on to a platform of similar understanding on the issue to achieve collaboration and unidirectional response to the issue involved. The communication plan is divided into following elements: Content / Theme The content type has been developed by reviewing the goal of the project and its value addition to the organization. The information content contains relevant details which include the compelling need to change, impact of change on individuals and organization, the process of change, time schedules. The company vision and policy will be a part of the communication Mode The specific mode of communication for specific identified communication has been selected taking relevant factors in account. It is necessary that the communication target for change management is to be carried out by

Benjamin Franklin’s Life and Study Essay Example for Free

Benjamin Franklin’s Life and Study Essay The following discussion is based on an article, â€Å"Franklin, Modernity, and Themes of Dissent in the Early Modern Era† by â€Å"Carla Mulford† from â€Å"Modern Language Studies, Vol. 28, No. 2. (Spring 1998), pp. 13-27. This has been taken from â€Å"JSTOR† Archives. JSTOR Archive is a trusted digital repository for academic journals and scholarly literature around the world. It is supported by Libraries and Scholar Societies. The article discusses about Franklin’s views on Religion, Metaphysics and Deism. One can see how dissent was meant in Franklin’s days and how it’s perceived now. Creation of American Dream, learning about socio metaphysical ways of leading a life and several facets of Franklin’s views on religion can be seen here. Franklin was a precursor among â€Å"natural scientists† and his work on natural philosophy is also discussed here. Also his association with his friend’s daughter as a tutor and assisting her to pursue her study on natural philosophy and his views on historical production can be examined. He was more a deist than an atheist but people see him more as an atheist in his days and some of his family members too were of the same view. His similarities with George Whitman and other personalities are discussed. His spoofs on religion, advice to people to indulge in philosophy and to be useful to fellow beings, his facts about Bible and Christianity during her grand fathers’ days can be examined here. Franklin was a pioneer in more than one field and he was also a successful businessman and a diplomat. In author’s view, history production involves some assumptions about the past and some relevance to national myth making and silencing the past. Since the stories of the past are forever expandable, the accumulation of multiple stories blocks a nation’s ability to accommodate stories of other sort which might disrupt the conventional and accepted wisdom about their founding fathers. She quotes Trouillot suggestion that if the producers of the stories in the past lived inequalities then the stories yield unequal historical power (Carla Mulford, P 13). In the same context she says, US citizens who knows much about Benjamin Franklin doesn’t know about his son and who bore him and the records which exist are silent on this issue. Also when people speak about confederation and constitution, they tend to speak about Anglo-American debates and the Civil war instead of the native people representing the six nations. Also she quoted Benedict Anderson’s words; US community alienates themselves from conventional ideas of â€Å"dynastic empires, absolutisms, serfdoms, ghettoes† and is more inclined to â€Å"republican institutions, nation-states† (Carla Mulford, P 15). Benjamin Franklin was a Scholar, Deist, Philanthropist, Writer, Diplomat, Journalist, Civil Leader and a Scientist. There is more to his astounding brilliance in every respective field. Franklin and Religion: His was a puritan family and it had much influence on him. His religious views were simple and straightforward. According to him, religion should make people do more good and help our fellow beings. Deists don’t believe in orthodoxy and age old superstitious customs. Although he was a deist, he was more outspoken and sometimes confesses that this doctrine though true is less useful in making people virtuous. He always believes that service to mankind is service to God. He had Unitarian views and sometimes visits Unitarian Churches along with his friends. However he cannot be included among the Unitarians as he never openly stated about his inclination towards Unitarianism. He used to go to Unitarian Churches with his friends. According to Wikipedia, â€Å"Deism is a religious philosophy and movement that derives the existence and nature of god from reason and personal experience in contrast to theism†. He rejects orthodox Christian views. In a way he dissents the principles of Church. In his days, dissents were those who speak against church. Religion used to be associated with almost everything and hence to speak against something orthodox was treated as dissentious. Explaining about the dissenting nature of his family he says how his Great Great Grandfather conceals the English Bible from the officers of the spiritual court. He admires the Evangelist Preacher, George Whitefield. He says religion should be the best way in explaining morals to the people. In Geoffrey Sills lines of similarity between Franklin and Whitman Their strong interest in science and technology and America was a radical experiment in democracy and their similar views on religious dissent†. Thus Franklin’s view of religion as a moral freedom brings closer outlook on the religion disciplines which people follow. He had friends among Unitarians, Deists and other religions. He treats all religions the same. When he supported his friend to setup a Unitarian Church he stated that whoever leader comes irrespective of religion should be allowed to preach. On his funeral, people who thronged to see him were a mix of all religions. There were views in those times that people who believe in science doubt religion. Franklin doesn’t agree to this. Instead he sometimes confesses the virtues of religion. Franklin, a Scientist: Franklin was arguably the first American Scientist. He crossed the Gulf Stream and he used to take weather forecasts on his horse ridings. He studied storms and discovered Electricity. He was also the founding father of Civic Science in America. One can see Franklin flying a kite in their school text books. Being a Civic Scientist, he did public service and organized sermons. He formed the JUNTO, a discussion group for his friends, leaders and business people. He promoted Libraries, Civic Societies and Education, Hospitals and Schools. He developed Mail Delivery System and Dead Letter Office. With one of his French friends, he once queried, â€Å"What signifies Philosophy that doesn’t apply to some use? † He regards insects worthy of an enquiry and research because, as per him, even appropriate use of insects can benefit humans. He says one should never neglect one’s essential duties in keeping line with the study. He wrote in â€Å"Poor Richard† for October, 1750, â€Å"Hide not your Talents, they for use were made, / what’s a Sun-Dial in a Shade! † He invented Franklin stove and bi focal lens. He also studied sea water luminescence and ocean temperatures. He explained about the dangers of Lead Poisoning and hypothesized about Wave Theory of Light. Franklin, a Diplomat: He encourages Education. He wasn’t sent to school due to his father’s poverty. He was mostly self educated. He worked in a printer shop initially and then later shifted to work in a press. He was one of the founding fathers of America. His role in American Revolution is still remembered. Franklin was courageous and bold and had very good rapport with French and resolved most of the issues during the war. Franklin with all his diplomacy skills worked in forming a peace treaty during the war with French. He helped in the establishment of Pennsylvania’s first State University. A town was named after him due to his services. He was also famous for his anecdotes. Conclusion: This article covers almost all aspects of Benjamin Franklin, his personality and his achievements. I can clearly examine his views on religion and how he was a dissent among his people. Till date whenever I hear of Franklin, I can only imagine a bald guy flying a kite and running as this should be the case with most of the people. Our schools teach Franklin’s discovering Electricity in thunder storms. It’s only after reading the essay that I found the innumerable qualities and facets of his life. I came to know now that he was not only a scientist but a diplomat. You would see him in almost every walk of life. There is no surprise to find his name under every subject. Apart from Electricity I usually hear his name linked with American Revolution, his diplomacy in having a peace treaty with France. Now I can imagine how great a personality like him would be. His life spanned over eighty years ranging from a writer to a scientist and to a Legislative member. He was the founding father of the concept of Great American Dream. I’ve also found out from this essay about his works on Natural Philosophy. I’ve also learned about his role as an educationist and in promoting Women Education. Also I came to know about his friends among several religious groups and about his mutual interest in both deism and Unitarianism. He is famous for his wit and humor. There was a story that during Constitution Writing which Franklin resolved a hard stop by asking the Ministers in the Council to pray for a few minutes. Most of them didn’t agree and he resolved the issue without a prayer. America would remember Franklin as long as they remember Martin Luther King. Work Cites World Wide Web: 1) â€Å"Ben Franklin Scientist and Philanthropist†. http://www. nps. gov/archive/inde/Franklin_Court/Pages/franklinscientist. html 2) â€Å"Franklins Contributions to the American Revolution as a Diplomat in France†. http://www. ushistory. org/valleyforge/history/franklin. html 3) Lane, Neal. â€Å"Benjamin Franklin, Civic Scientist†. October 2003, page 41. http://www. physicstoday. org/vol-56/iss-10/p41. html 4) Rev. Clear, Bruce. THE RELIGION OF BENJAMIN FRANKLIN. Sunday. May 1. 2005. All Souls Unitarian Church. Indianapolis. http://allsoulsuuindy. org/ser20050501. htm.

Essay --

Case 1 As a presiding judge in this case using the given facts at hand, one have to would vote in favor of the City of Cleveland. The facts of the case show that there was job analysis used to determine eligibility of the perspective candidates. The evidence also shows that with these requirements some of the female candidate did pass both tests and were placed on the eligibility list to be hired. There is no sign that the city had broken the Civil Rights Act or the Inclusion of the Sex Amendment because all qualifications were equal for the candidates to pass (Jasper, 2008). Another factor a judge may consider is the job itself and why those requirements are in place. If the requirements were lowered for females would they still be able to perform the tasks as their male counterparts. For example could a female be able to carry a person out of a burning building if they were not able to lift the same amount of weight as their male counterparts? The testing for certain positions is required because of the physical demand of those candidates. Gender should not be weighed as a requirement for these positions and only the ability to perform the duties as required should be noted. If a male firefighter could not pick up a 300lb man to bring him to safety and a female could then she would have met the proper requirement for fulfilling the job duties over the male candidate. It boils down to very basic skills and in a life or death situation those skills need to be performed without hesitation or assistance unless otherwise required. This should be what any judge should weigh when presiding over a trail of this nature because it is not about gender but more about job requirements. Is this risk of losing two humans lives worth changing ... ...s think of their work. Speaking to the president of this organization I would advise him to sit down with all of his supervisors and share these concerns. It may be even advisable to have an independent committee comprised of the company’s peers or community leaders to make recommendations and to advise what they see needs to be changed. There would be advice on taking small steps to change the way things are being handled because making too many small changes can have the same damaging effect as large ones. People will accept change as long as it is implemented in a slow orderly manner. Ensure that there is an open door policy between supervisors and employees is going to be critical. Ask for ideas on how to improve the flow of communication and empower the ideas that employees have. A happy worker is a productive one and that is how you motivate them to success.

Fi515 Homework4

7-2 Constant Growth Valuation Boehm Incorporated is expected to pay a $1. 50 per share dividend at the end of this year (i. e. , D1 = $1. 50). The dividend is expected to grow at a constant rate of 7% a year. The required rate of return on the stock, rs, is 15%. What is the value per share of Boehm’s stock? P = D1/(rs – g) Price = $1. 50 / (0. 15 – 0. 07) = $18. 75 7-4 Preferred Stock Valuation Nick’s Enchiladas Incorporated has preferred stock outstanding that pays a dividend of $5 at the end of each year. The preferred sells for $50 a share. What is the stock’s required rate of return? Vps = Dps/Rps Vps = $5/$50 = 10% 7-5 Non-constant Growth Valuation A company currently pays a dividend of $2 per share (D0 = $2). It is estimated that the company’s dividend will grow at a rate of 20% per year for the next 2 years, then at a constant rate of 7% thereafter. The company’s stock has a beta of 1. 2, the risk- free rate is 7. 5%, and the market risk premium is 4%. What is your estimate of the stock’s current price? Stock Return| 16. 50%| =0. 075+1. 2*(0. 115-0. 04)| Discounted| | | D1| 2. 0| =2*(1. 2)^1| 2. 06| =2. 40/(1+|0. 0165|)^1| D2| 2. 88| =2*(1. 2)^2| 2. 12| =2. 88/(1+|0. 0165|)^2| D3| 3. 08 | =2. 88*(1. 07) | | | | P2| 32. 44| =(3. 08)/(0. 0165-0. 07)| 23. 90| =32. 44/(1+|0. 0165|)^2| Stocks Current Price| | 28. 08| | | 9-2 After-Tax Cost of Debt LL Incorporated’s currently outstanding 11% coupon bonds have a yield to maturity of 8%. LL believes it could issue new bonds at par that wou ld provide a similar yield to maturity. If its marginal tax rate is 35%, what is LL’s after-tax cost of debt? d(1 – T) = 0. 08(0. 65) = 5. 2%. 9-4 Cost of Preferred Stock with Flotation Costs Burnwood Tech plans to issue some $60 par preferred stock with a 6% dividend. A similar stock is selling on the market for $70. Burnwood must pay flotation costs of 5% of the issue price. What is the cost of the preferred stock? Ep = Dividend/ Market Price – Flotation Costs =($60*0. 06)/(($70-($70*0. 05))= 5. 41% 9-5 Cost of Equity – DCF Summerdahl Resort’s common stock is currently trading at $36 a share. The stock is expected to pay a dividend of $3. 0 a share at the end of the year (D1 = $3. 00), and the dividend is expected to grow at a constant rate of 5% a year. What is its cost of common equity? P0 = $36; D1 = $3. 00; g = 5%; rs= ? rs = D1/P0+ g = ($3. 00/$36. 00) + 0. 05 = 13. 33% 9-6 Cost of Equity  Ã¢â‚¬â€œ CAPM Booher Book Stores has a beta of 0. 8. The yield on a 3-month T-bill is 4% and the yield on a 10-year T-bond is 6%. The market risk premium is 5. 5%, and the return on an average stock in the market last year was 15%. What is the estimated cost of common equity using the CAPM? s = rRF + bi(RPM) = 0. 06 + 0. 8(0. 055) = 10. 4% 9-7 WACC Shi Importer’s balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Shi’s tax rate is 40%, rd = 6%, rps = 5. 8%, and rs = 12%. If Shi has a target capital structure of 30% debt, 5% preferred stock, and 65% common stock, what is its WACC? rd = 6%; T = 40%; rps = 5. 8%; rs = 12%. WACC = (wd)(rd)(1 – T) + (wps)(rps) + (wce)(rs) WACC = 0. 30(0. 06)(1-0. 40) + 0. 05(0. 058) + 0. 65(0. 12) = 9. 17%

Interview a Healthcare Leader Essay

My background and role in the interview was to determine what it takes to be an effective leader. The central issue to understand before conducting an interview with any subject is to ask oneself these following questions. They include, who is this subject? What does he or she do? How does he or she work and what makes them who they are? Asking these questions also are important when one is conducting an interview with a leader of a health care setting or an organization. I as a restorative coordinator in a health care setting wanted to conduct an interview with a health care leader to understand what their role is in the daily operations of a health institution. I had some objectives, and they included, to find someone who had a hand in various projects within a health organization, a person involved with quality improvements, a person who implements ideas and a person who is involved with evaluating different health outcomes. I also wanted to interview a person who had enough staff members working under them. After considering these objectives, I made a decision to interview the director of nursing (DON) in my place of employment. This is a lady responsible for most of the clinical operations that occur on a daily basis in the health care institution. As I conducted the interview, I wanted to find out her personal philosophy of leadership, and her professional interactions with staff members including doctors, other health care managers, staff members and other auxiliary personnel involved in the health care institution. The director of nursing leadership style and some of the major financial, ethical, clinical, administrative and personal challenges involved with leadership would be discussed. Finally, the DON’s mentor if any as she aspired to become a leader and her advice to me to become an effective leader would also be discussed throughout this paper. Who is a leader? After an informal introduction of the reasons why I wanted to conduct an interview with her as the director of nursing, I asked the number one question, â€Å"Who is a leader†? She stated and I paraphrase â€Å"a leader is basically a person that does everything. According to Sullivan and Decker (2009), â€Å"a leader is a person that uses interpersonal skills to influence others while trying to accomplish a specific goal through means of flexible repertoire of personal behaviors and strategies† (p. 45). A healthcare leader is a person in the health care profession with or without a specific job title, and uses that role as a leader to affect change through various means. I waited for the DON to provide more detailed response of a leader, she stated, â€Å"well follow me around for a day and see what I do and this would give you an idea of what a leader does†. Those statements by the DON lead me to finding out about the important qualities and characteristics of a leader. Important qualities or characteristics of a leader. I began my day of following the director of nursing, by observing a morning meeting that she leads on a daily basis called â€Å"Stand-up†. She invites heads of different department to give a daily report of the previous day’s operations. During this morning stand-up meeting, I observed some qualities that I think make a person an effective leader. First, listening to other peoples’ ideas and providing suggestions on how to improve patients’ care and outcomes is a hallmark of an effective leader. From observation, I was able to see firsthand how the DON listened to different people in the meeting. Expectation of feedback from staff members is another characteristic of an effective leader. During the meeting, the DON requested feedback from staff members whenever an idea was brought up. She offered her opinion and requested other peoples’ opinions on different topics. For instance, an idea was brought up during the meeting on how to decrease the number of falls among dementia patients. The DON requested every concerned department to provide a proposal on how to accomplish that task. She also set a deadline for the proposals for the following day. Other qualities of a leader include finding ways to affect change. Some of the ways include, introduction of ideas, creation of new policies and procedures, helps with changing existing policies and helps with implementation and evaluation of outcomes in a health care setting (Collinson, 2006). Personal philosophy of leadership. Leadership is viewed by people in different ways. A person’s idea of what makes a great leader may be different from others. So the next question I asked the DON was what her views were of leadership in healthcare and what roles leaders play in making sure that tasks are completed effectively, institution policies and procedures are followed. The DON proceeded to discuss her leadership style. She stated that she does not believe in using only one leadership style because every situation is different. The director of nursing provided me with examples of when she uses different leadership style. For example, she usually uses a democratic leadership style whenever she wants other staff members to have an active role in task completion. She uses transformational leadership style when issues are more complex and needs more inclusion of inspiration from a leader. For example, if an issue of an ethical nature comes up, transformational leadership style is used. She also stated that her leadership views are evolving because she sometimes makes mistakes when dealing with staff members. Learning experiences in her personal development as a leader. The director of nursing’s learning experiences over the years as she became a leader in health care included mistakes she made over financial and personnel issues. One of her most poignant one was that she mistakenly fired a staff member as a result of someone else’s lies. She did not conduct a thorough investigation over the issue before she fired the staff member. As a result the health institution was sued for illegal termination. The case was settled, but she was taught a lesson of how to conduct a detailed investigation of issues before taking actions. How leadership in Nursing is evolving today. Leadership in nursing today requires extensive educational background. In previous years, a registered nurse who has practiced for a long time can become a manager on a unit and even head a whole department. In recent times, the more education a nurse has, the more important he or she becomes. Not to say that it is a bad thing, but sometimes experience trumps education. The DON I interviewed is a master’s graduated nurse of three years. She stated that she wished that she had more experience before taking over a leadership position because it was a steep learning curve for her. Challenges in her current position. Some of the challenges involved with being a leader described by the director of nursing include dealing with different egos in the workplace. She stated that one of her pet peeves in this position is that no matter how much she tries to act cordially toward some people in the work place, some staff members just want to make everything difficult for her to manage. Other challenges include trying to get staff members to adhere to rules and regulations of the health institution. Some staff members as the DON stated find it difficult to follow instructions, so her challenge is to come up or elicit ideas from people on how to make staff members adhere to the policies established. The DON’s mentor and her advice for someone aspiring to be a healthcare leader. As the director of nursing described during the interview, her mentor was the previous director of nursing in the same health institution before she retired. She learned various leadership techniques and strategies from the previous DON. She learned how to communicate with staff members and how to encourage others people to work together as a team. In terms of her advice to me as someone aspiring to be a leader in healthcare, she stated that, I should make sure to act with integrity in everything I do as it pertains to my job description. Her reason for this is that, staff members respect and work for any leader or manager who acts in an honest way. She also stated that I should treat everyone in an equal footing because perception is often times reality for staff members who may think that some staff members are treated differently from others. Conclusion Conducting an interview with a healthcare leader was a learning experience for me because of all the renewed understanding of what it takes to be a leader. â€Å"Leadership encompasses a holistic focus on shared processes, structures, and culture† (Hanson, & Ford, 2011, p. 284). I came to understand that being a leader can be rewarding as well as a difficult challenge for people. I also learned that being a leader is not for everyone, because of the physical, psychological, social, and intellectual requirements that are expected from a health care leader.

life balance in todays gig economy

Maintaining a healthy work/life balance in todays gig economy Working in the gig economy can make taking time off difficult. Use these tips to understand how to take time off and avoid burning yourself out! It’s an all too common problem in the gig economy. Fresh-faced freelancers and entrepreneurs, eager to pull in as much cash as possible, overpromise and overcommit. They set expectations for themselves that are impossible to achieve, and work inhumanly-long hours.It’s inherently unsustainable, and I’ve lost count of the number of freelancers and contractors I’ve seen plunge headlong into burnout.In a world where more and more people are choosing the path of self-employment, maintaining a healthy work/life balance has never been more difficult. It’s also never been more important. There are no laws preventing a freelancer from overworking themselves, no guidelines as to what constitutes an acceptable work-week.You need to figure that out yourself – here’s where to start.Understand your own limi tationsFirst and foremost, it’s important that you understand your own capabilities. Some people can effortlessly work upwards of fifty or sixty hours a week without missing a beat. Such people are rare.Most of us have limitations. We have a limited amount of energy to put towards our job. A limited amount of focus where projects are concerned.As you gain experience in your field, you’ll probably be able to work more effectively and efficiently. But particularly at the beginning, it’s important to understand how much work you can take on, and how much work will leave you with drowning. Learn to recognize when you’re starting to feel overwhelmed, and when it’s time for you to take a break.Start setting a schedule – and stick to it Flexibility is a big reason a lot of people involve themselves in the gig economy in the first place. And while there’s certainly still room for flexibility in your career, I’d strongly advise setting a schedule for yourself. There are a few reasons for this.Having scheduled times for work and relaxation will help you avoid being overworked – you’ll likely find it easier to take a break if you slot time for one on your calendar.Planning things out in advance will make it easier to stay on top of any projects you’re working on or client demands you need to address.You’ll be able to schedule work hours to the time that you’re most productive. For some people, that’s the morning – others might find they do their best work in the afternoon or evening.Take care of yourselfLast but certainly not least, bear in mind that your body is like any machine in that proper maintenance is important if it’s to keep working at peak efficiency. That means eating healthy and getting enough sleep. It means exercising regularly and making sure you set aside enough time for activities that let your mind relax.You might think you’re getting more done by staying up well past midnight, but you aren’t. Not really. Ensuring you’re fresh-faced and healthy is the best way to not only be better at doing your job but also maintain a balance between your career and everything else in your life.In the gig economy, it’s frighteningly easy to fall into the habit of working yourself to the bone. While that may make you a bit of money in the short-term, it’ll come back to bite you in the long term. Far better for you to establish healthy habits and limits at the onset, and – you can always adjust them later if you feel you’re able to take on more.About the Author: Dave Allen is the owner of Ridesharecentral, a company that provides information to current and new rideshare drivers. Rideshare Central makes it easier for rideshare drivers to get started and drive profitably. Follow them on Twitter @ridesharecent.

STRATEGIC ANALYSIS case assignment Example | Topics and Well Written Essays - 250 words

STRATEGIC ANALYSIS case - Assignment Example Convenient locations are likely to be visited by clients, which means an increase in earned revenue. The first alternative for Colin is the inclusion of cut polishing service. The competing companies have the cut polishing services, which is an additional service to make it convenient for affluent consumers. The alternative would cost a 25% percent increase in pricing, $1,500 insurance coverage and $250 for a rotary buffer (Finnbogason 7). It might lead to the loss of consumers who value pricing and increase in affluent car owners who value the look of the car. The cost of the risk might emanate from destroying the finish of a car and training all workers to perform the same task with precision. Mobile detailing services would mean a 30% increase in pricing and increase convenience. Additional costs are $10,000 for the truck and other equipment. It would also mean additional logistical challenges. Golf Course partnership option would cost $150 for the sign only. It would also mean 10% increase in price. An increase in convenience would attract more consumers and the people who visit the golf course might not mind the increase in pricing. They are likely affluent car owners. Logistical challenges and system set up are manageable

Little tokyo, los angeles Essay Example | Topics and Well Written Essays - 2500 words

Little tokyo, los angeles - Essay Example These men worked as laborers in ranches, road building, gardens and laundry. They faced heavy discrimination in the late 19th century. However, despite the discrimination, Chinese people occupied greater positions, especially, in the laundry and agricultural sector. As a result, they expanded their territory hence acquiring more blocks and buildings. In addition, their population also increased to 3000. However, over the years, the Exclusion Act Laws restricted any large increase in growth. These laws prohibited the Chinese people from owning land, and it forced them to lease or rent units for their homes and businesses. Between 1890 and 1910, Chinatown comprised 15 streets and alleys, and the building units were about 200 units. Apart from this space, Chinatown also had three temples, a theatre, its own newspaper, and a telephone exchange. In addition, the town had few women; therefore, the Exclusion Act was lifted so that Chinese women and children could also immigrate over to join the Chinese men present in Los Angeles (Cho, 14-26). This resulted to community organization. Since the government prohibited the Chinese to have ownership of their personal property, few of them improvised and maintained their properties. This resulted to a decline in the appearance of the old Chinatown. The Chinese did not mind about how the town looked, for instance, they never paved the streets during the end of the old Chinatown. In the end, the Chinese lost all their property because they gave up fighting for whether or not they legally owned the lands they had dearly paid for. In addition, all the improvements and payments had been rendered private. Therefore, there existed no valid proof of anything in consideration to land. As a result, the Chinese were forced to leave their homes, hence the collapse of the old Chinatown (Cho, 27). Fortunately, this collapse resulted to the formation of the new Chinatown; two years after the