Forenisic Review Questions Essay

Review Questions 1. What are the three types of fingerprints found in the human population? How often does each occur? Loop, Whorl and Arch. Loop occurs in 60-65 percent of the population, Whorl occurs in 30-35 percent, and Arch only about 5 percent. 2. What is a medulla? What do forensic scientists use this for? A set of cells that runs through a hair. Forensic Scientists use this to distinguish animal hair from human hair. 3. What is a precipitin test? What is it used for? A precipitin test is a test to distinguish between animal and human blood. It is used to tell whether the blood found is from a human or animal. 4. What makes fingerprints individual? How do scientists match a fingerprint to a specific person? The individuality of fingerprints is due to ridge characteristics. They look for point-by-point comparisons in order to determine whether two fingerprints are the same. 5. How are fingerprints discovered at crime scenes? Devices like the RUVIS help to find fingerprints along with fingerprint powders. Critical Review Questions 1. Of the three types of physical evidence discussed in this module, which one do you think you would be most interested in working with in an investigation? Why? I think I would be most interested in working with blood. Working with blood would be interesting because you can gather a lot of information from the smallest of blood samples. Such as where the person was when the blood splattered from them and if it’s human or animal blood. 2. What do you think would be the most challenging aspect of collecting and analyzing hair samples? Why? I think the most challenging aspect of collecting and analyzing hair samples would be matching it to a particular person. I think this would be difficult because hair samples can vary in age and location. Plus studying hair is key because it can eliminate possible suspects based on its properties. Such as texture, length, color, and chemicals. 3. Why do you think forensic scientists study bloodstain patterns? What can be learned from them? Forensic scientists study bloodstain patterns to determine what took place at the crime scene. Things that can be learned is the direction the blood was traveling in, angle at  which the blood hit the surface, and it can help determine the spot where the blood came from. 4. Out of the types of evidence discussed in this module, which one do you think is the most important piece of evidence? Why? I think the most important piece of evidence is blood. Blood is the most important because it’s actual DNA that can link the exact person to a crime scene. Unlike hair blood is more reliable because it rules out other possible choices. 5. Why was the bite mark evidence so important in the Bundy case? If the case happened today, do you think investigators would have more information to work with? The bite mark evidence was so important because it was the only substantial piece of evidence that could prove Bundy committed the crimes. Investigators might have more information to work with maybe they would find fingerprints and hairs at the crime scenes with the proper equipment.

Meaning of Life and Life Essay

Every person has a variety of questions about the meaning of life but how we as humans perceive and search for the answers to life’s ultimate questions will vary depending on what one’s beliefs and traditions may be. One of the most prominent and most publicized ways to search for the answers of life is through a practise of religion. Another way to find meaning which is just as significant as religion is science. Equally as important but under looked is the ultimate questions that are searched for in suffering. These three paths to solving the ultimate questions to life are the most prominent and yet the most common. With reference to Lonergan’s quote people have a variety of questions about life, this essay will analyse how people search for life’s ultimate questions. Some people search for meaning through Religion, the religion that is practised often and is recognised for helping answer some of life’s ultimate questions is Christianity, people who are Christian say that God helps them find their meaning to life. According to the ‘chasing something more’ article Justin Langer went to visit a chaplain and said â€Å"I’ve got a beautiful wife and two gorgeous kids, a great house. I should be happy- but something is missing. † The Chaplain said â€Å"have you read the bible lately? † This gave Justin a new mind set and he started reading the bible on his trips overseas now. According to the writer Michael McVeigh Justin said â€Å"I’ve being brought up catholic, but it’s not just about the teachings, it’s about what happens in real life. † Karl Rahner who was a famous Catholic theologian believed â€Å"For if God really doesn’t exist, the hunger for meaning is absurd. † [Rahner 1990] (Morgan 1996). Rahner never forced people to believe in God but he says that it is realistic to suggest, because he thinks it’s a goal that cannot be completed within ourselves, without God, In the bible it says â€Å"May the God of hope fill you with all joy and peace as you trust in him, so that you may overflow with hope by the power of the Holy Spirit† (Romans 15:13) this quote from the bible backs up with Karl Rahner and what he believes. Paul Davies a contemporary Australian physicist, thinks that although science gives you the answers to some questions but the deeper and more meaningful questions will not be able to be answered by science. Science is the new way of challenging religion and the way we find meaning and answer life’s ultimate questions. According to Peter Morales a Unitarian Universalists he says science and religion share a common wellspring. He believes that through science you learn more about the world and how it works. He says that we can know and face the truth through science and then move on and define our own meaning through religion. Science proposes that we are an accidental outcome of a procedure of evolution, Peter Morales says that all science questions are questions that can be answered and we can compare the answers, and he says that we can choose the answer that best fits our experiences. Sam Harris a neuroscientist says â€Å"science can help us get what we want† (TED 2010) he believes that no matter what our values are religion or anything you are still concerned about conscious and its changes, and when people from a religion say that changes can persist after death, this a fact and factual answers are from science. Paul Davies who is a scientist is so captivated by the universe that he like Lonergan believes that his questions are limitless. Davies is indefinite to whether he believes in God, but what he does believe is the ‘theory of everything. ’ Suffering is an under looked experience that contributes to the search for life’s ultimate questions. According to Friedrich Nietzsche a prominent theorist he believes that ‘God is dead’ he felt that people went to God as an ultimate explanation for everything. Victor Frankl also a prominent theorist says that through suffering and experience, According to Nietzsche he says â€Å"we cannot avoid suffering but we can choose how to cope with it, find meaning in it, and move forward with renewed purpose. † Frankl believed that if there is a meaning in life, then there is essentially meaning in suffering, he says â€Å"suffering is an ineradicable part of life even as fate and death. Without suffering and death human life cannot be complete. † Frankl says that even with a despairing situation, â€Å"the human mind can transform a personal tragedy into triumph† (Ed Batista website 2010) According to Frankl after a tragedy in someone’s life their tragedy turns into an achievement. Ulrich Diehl a philosopher in the making believes that all human beings share the same needs and that we all search for a meaning of life, but although human suffering can be a challenge to the meaning of life, the outcome from the personal affect actually helps people find meaning to life and answer some questions they need to know about their life. Lonergan says that there is no limit to our questions, although finding the answer to these questions will vary depending on what one’s beliefs and traditions may be, through religion, science and suffering this is shown most prominent to help humans to find these answers. All these aspects help humans find meaning to life, and they are all equally as important as each other. These three paths demonstrate that they are most useful to use when searching for meaning and answers to some of life’s ultimate questions.

Servant Leadership Essay Example | Topics and Well Written Essays - 1250 words

Servant Leadership - Essay Example Moreover, an effective leader needs to be mature internally because inner maturity makes a leader take correct decisions regarding any kind of situation. Worldview and inner maturity also play their roles in the achievement of desired sets of goals and objectives. Without having an understanding of these concepts, it is impossible for a leader to make a successful struggle towards achievement of goals. Inner maturity makes a leader learn from experiences. Effective leaders consider the deficiencies of the previous strategies while making up new plans. Some of the core qualities of a leader who has the powers of inner maturity and emotional intelligence include creativity, integrity, dedication, openness, listening to the concerns of others, intelligence, visionary outlook, and good communication skills. A leaders’ moral foundation reflects the positive aspects of his or her personality to other people. Inner maturity makes a person serve other people by listening to their conc erns. Inner maturity and personal worldview are two of the main qualities of a servant leader. A servant leader is a person who can see the bigger picture of the issues by considering all positive and negative aspects of the issues, social constructs, and moral perceptions. â€Å"Worldview denotes the complex of beliefs, concepts, sense of order and social constructs, role-models and moral precepts which are unique and peculiar in comparison to other such complexes of other such socio-cultural groupings† (Jenkins, 2006). Inner maturity, on the other hand, makes a leader lead people in every field of life by setting his or her own example. There are some key components, which need to be the part of the qualities of an effective leader with high levels of inner maturity and personal worldview. Those components include motivation to help people, ability to give individual consideration, idealized influence, and intellectual stimulation. Inner maturity helps a person develop the qualities of trust, belief, and reliance. Therefore, inner maturity and worldview helps a leader achieve the goals successfully because they provide a source of inspiration for the followers of the leader. 2 Before going to identify and explain two philosophical worldviews and one religious worldview that can support servant leadership, let us get a better understanding what servant leadership actually is. Mallory (n.d.) states, â€Å"Servant leadership is a business philosophy in which managers and other people in positions of authority strive to act as servants to those who are subordinate to them†. Servant leadership is such style of leadership, which makes the subordinates feel valued when the leaders consider their needs and concerns while setting up their strategies. â€Å"This style of leadership often involves trying to meet the needs of the employees or members of a manager’s organization† (Mallory, n.d.). Some key aspects of servant leadership include dedication, taking care of individual concerns, addressing and analyzing crisis, giving priority to individual benefits, life-long learning ability, and showing enthusiasm towards goal achievement. McCrimmon (n.d.) states, â€Å"Servant leadership also has paternalistic overtones as it suggests doing things for employees rather than helping them to think for themselves†. Servant leaders are the sources of inspiration for their people and the people look towards them for guidance. They work for employees’

Space Shuttle Challenger Accident Research Paper

Space Shuttle Challenger Accident - Research Paper Example The research paper "Space Shuttle Challenger Accident" talks about the Space Shuttle Challenger accident when the Shuttle exploded into flames in 1986. The accident unnecessarily took the lives of the seven astronauts instantly. The officers of NASA and its related agencies are to blame for the Space Shuttle Challenger Explosion. The Space Shuttle Challenger's explosion can be explained using the domino effect theory reiterated the Space Shuttle Challenger’s launch environment was characterized as freezing cold. The dull and wintry sunrise shone over the Cape Canaveral and Kennedy Space Station. There were several flood lights adding vividness to the launch area as the Space Shuttle was about to begin its ill-fated journey into space. The spacecraft blew up on Tuesday, 28 January 1986. Analysis: the people from the NASA could have done better than what they had done. The people were too self-centered that they failed to heed the warnings of the engineers who presented an unexpected report. The unexpected report states that some parts of the Space Shuttle Challenger would not function well. However, the managers of NASA were banking on their many years of experience on Space Shuttle launches. In fact, the Space Shuttle Challenger had made several launches with flying colors. The managers believed that the launch should not be stopped. Stopping the launches would mean a failure to meet schedules. The managers felt that the original launch date had been postponed for several times too long.

Media and Violence in the USA Assignment Example | Topics and Well Written Essays - 750 words

Media and Violence in the USA - Assignment Example This statistics is frightening; why there is so much violence in the United States and what can be done to reduce it, is a question that has puzzled governments, psychologists and social scientists. US Department of Justice figures showed that 2.8 million children (under 18) were arrested in 1997, nearly 2500 juveniles were arrested for murder, and 121000 were arrested for other violent crimes [Cantor, 2000]. Psychologists believe that seeds for attitude towards violence are sown early in life. This has resulted in many studies on the impact of TV, video, video games, and other media accessible to children at home. [Eron, 1963] and [Eron & Huesman, 1986] Huesman of University of Michigan carried out a long term study of the viewing habits of a group of children for decades, They astonishingly claimed that watching violence on television was an even more powerful factor in promoting violence than poverty, race, or parental behavior. This 1960 study followed up 11 and 22 years later and claims to show that the aggressive eight-year-olds of 1960 grew up to become even more aggressive 19- and 30-year-olds, with greater troubles-including domestic violence than their less aggressive counterparts who did not watch as much television [Eron & Huesman, 1986]. Eron & Huesman list dozens of other studies in support of their arguments that Violence on Media is harmful to children and eventually to society. [Senate Committee, 1999] reported that more than 1,000 studies on the effects of television and film violence have been done during the past 40 years. American Medical Association, the American Academy of Pediatrics, the American Academy of Child and Adolescent Psychiatry, and the National Institute of Mental Health have separately reviewed many of these studies and all of these bodies conclude television violence leads to real-world violence.

Response Essay Example | Topics and Well Written Essays - 750 words - 7

Response - Essay Example And it may not contain any worthy information of meaning. Moreover, many citizens complain about graffiti and ask the government to clean the streets, which takes pretty much money. But on the other hand, graffiti is a positive phenomenon. According to Kiai, it is â€Å"a legitimate and powerful form of social, economic and political protest†. The information from graffiti often appears to be more trustworthy than media news. The author points out the question, why we should ban this form of expression and at the same time put up with legitimate forms of protest, such as billboards, banners and slogans. In my opinion, graffiti as not vandalism. It may even require more talent than some works of modern art. Possible solution offered by Kiai is to invest money into painting lessons, rather than waste them on constant cleaning of the walls. This will improve the quality of graffiti. I believe it is a proper decision. The idea of this article is to show the role of rap music in contemporary Arab world. It is interesting to observe the transformation of rap. Being initially an American style, mainly perceived as brutal and cruel music, rap has evolved into something much bigger. According to Fernandes, it plays â€Å"a critical role in articulating citizen discontent over poverty, rising food prices, blackouts, unemployment, police repression and political corruption†. Rap performers tell about significant problems in their songs, accusing government and presidents openly. Rap music accumulates national consciousness and helps people to protest against illegitimate government and dictatorial regime. I have never thought about rap music in such a way before, but now I think, it is an effective way to bring about considerable changes. The subject of discussion in this article is also hip-hop music. It somehow corresponds to the previous article, describing the relationship between rap and government.

Egoism related to ethics Essay Example | Topics and Well Written Essays - 250 words

Egoism related to ethics - Essay Example Nevertheless, egoism in ethics becomes mismatched statement; as the core idea of ethical ideology is to act in a moral way (right or wrong) to benefit community or the larger world. Yet, egoism perspective teaches only to act in one’s own self interest. Thus, completeness in truth is not a provable moral principle in egoism. Simultaneously, rational egoism in ethics is described as a significant choice or interest of a person with rational or logical action plan to attain personal interest. However, in general egoism is seen with disdain, but that is not the case always. It benefits a person and community as well. For instance, if a person belief in re-use of things then he is not only saving money at his end, but also decreasing pollution factor in various manners. Similarly, cultural relativism is a perspective of a specific group to act as morally right or wrong. Hence, this perceptive neither forms a theory or is ethically justified. ‘Basant’ is a sub-continental festival celebrated by people of India and Pakistan. Its main idea perceived by general public is to celebrate spring via yellow dress codes, kite flying and eating. However, this festival is not appreciated by Muslims due to religious grounds as it is celebrated in the honour of Hindu Goddess Saraswati. There is no harm if one politely declines to eat pork, raw ribs or alcohol due to personal belief or religious grounds. As it is an acceptable action according to egoism and ethics. Yet, if a person belief and adapts a practice, which exploits the rights of larger community then egoism is a false

Critically appraise the contribution of Le Grand's knights, knaves, Essay - 1

Critically appraise the contribution of Le Grand's knights, knaves, pawns and queens framework to our understanding of r - Essay Example Those who were offered these services (and who were beneficiaries of welfare) became known as pawns, primarily because they were seen as passive participants in the whole process. They did not actively influence any happenings, and instead sat and waited for the knights to do everything for them. With time, however, (Le Grand mentions the period after 1979) this scenario changed after pawns realized that there were some knights who were not really knights at all (Le Grand 1995, pg. 151). They were more focused on their self-interests than the benefit of pawns, and, therefore, morphed into knaves. In addition to this, there was little that was knightly about paying taxes and supporting the less fortunate in the society. On the other hand, pawns came to be viewed as â€Å"queens†; they were supposed to be treated better, since in any market consumers are usually kings. In this paper, I will discuss and dissect Le Grand’s concept and weigh it against arguments which have b een against it by the likes of Welshman and others. I will also explore the influence that Le Grand’s framework has had on relationships between public authorities and organizations which provide public services paid for under contract or by vouchers. Key words: Knights, knaves, pawns, queens, Le Grand, Welshman. Analysis Welshman presented an argument that fell a little short of being labeled as an attack on Le Grand’s ideas. He (Welshman) argued that the concept of a cycle of deprivation (or transmitted deprivation) provided sufficient foundation for a demolition job on the knights, knave, pawns and queens notion. In his article, he presented important researches by Joseph, Coffield and others that supported his propositions. In truth, the whole point of Welshman’s argument was a firm grounding in the ability to provide viable alternate arguments against Le Grand’s ideas. For example, using Coffield’s research, a new concept of web deprivation wa s coined as a replacement for cycle of deprivation (Coffield, Robinson & Sarsby 1980, pg. 48). In essence, Welshman used the loopholes he identified in Le Grand’s arguments to develop an entirely new concept. A closer look at his article also reveals that he viewed Le Grand’s definition of people under welfare was too shallow and simplistic (although Le Grand had also suggested this in his proposition) (Welshman 2007, pg. 95) It is important to note that the knights, knaves, pawns and queens framework borrowed heavily from theories about public management (or organization studies, or political science, or indeed social science quite generally). In a traditional sense, public management was seen as more of calling than just a normal activity with the exception of being directly involved in public affairs. In the past, public servants were held in very high regard, and this is because they were considered to be custodians and trustees of public interests. This thought wa s supported by a reliance on the scholarly approaches to organizational studies, social science and political science. Over the years, this traditional perspective has been overtaken by other feasible approaches that have proved to be more than just alternatives (Berthoud 1976, pg. 103). These new approaches have supplanted the

Comparison of the Two Artists Matisse and Picasso Essay

Comparison of the Two Artists Matisse and Picasso - Essay Example The essay "Comparison of the Two Artists Matisse and Picasso" compares two important figures in the context of contemporary art Pablo Picasso and Henri Matisse. In the world of art, perhaps there are no two names that are more revered than that of Picasso and Matisse. Both famous in their own sense, these two artist offered a breathe of fresh air into their time periods, and offered inspiration for generations to come. Their artwork can speak across the lapse of time, and offer a doorway into their innermost feelings and their emotion. Picasso once said that â€Å"No one has ever looked at Matisse's painting more carefully than I; and no one has looked at mine more carefully than he†, and this statement just demonstrates the closeness between the two artists styles, as well as their respect for each other. The two artists â€Å"represent a unique example in the history of arts by being a rival and getting inspiration from the art of one another with their intimate friendship of highest caliber over fifty years†. Often respectful relationship between the two artists helped develop them into the painters that they came to be. When observing the two artist’s work, one can seen similarities, as well as places where they drew on each other for support and help, but at the same time keeping up with the rivalry that kept them working against each other. Two of their paintings, Picasso’s portrait of Sebastian Juner Vidal and Matisse’s Tea offer a good point of comparison at the works of these two artists.

Why Interracial Dating is still not accepted Essay Example for Free

Why Interracial Dating is still not accepted Essay The representatives of different races have always been founding shelter and new home for them on the U. S territory, but in the last hundred years the quantity of immigrants has increased. Thus, it is no wonder that nowadays dating and marriages between the representatives of different races have also become more often. The main racial groups that live on the U. S territory, White Americans, African Americans and Asian Americans nowadays enter mixed marriages much more often than forty or thirty years ago, as nowadays the impact of social norms that disapprove of interracial relationship has become much weaker. Thus, the Black vice White, and Asian vice White couples with kids can be seen in every American city. Nevertheless, while racial discrimination has diminished its influence in the marital aspect, new problems have appeared for the interracial couples, and new societal attitudes developed, which complicate the life of those, who decided to tie the knot with the representative of the race different than his or hers. The number of people who strongly disapprove of interracial dating has declined since the middle of the 20th century, but still there are citizens, who insist that marriages between the representatives of different races should be banned. They explain their viewpoint by the fear for the future of children born in these kinds of marriages, and by the imbalance in the social and cultural levels of people of different races. Nevertheless, it is not the main reason for the negative attitude towards interracial dating that still exists in the American society. The main cause of disturbance about interracial dating and marriages nowadays is statistical. The history of this phenomenon shows that with the outspread of this kind of marital relationships, the married/single ratios for the representatives of most races that live on the U. S territory has changed dramatically. The roots of this change lie in the lop-sided distribution of people in the interracial marriages. Statistics says that if we talk about marriages between the representatives of different races, than White vice Black and White vice Asian marriages are the most widespread. The problem is that in most White vice Black marriages black men marry white women, and in White vice Asian couples those are white men who have Asian wives. In the 1990 Census, 72 per cent of black-white couples consisted of a black husband and a white wife. In contrast, white-Asian pairs showed the reverse: 72 per cent consisted of a white husband and an Asian wife (Sailer, 1997). The 1992 Sex in America study of 3,432 people found that ten times more single white women than single white men reported that their most recent sex partner was black. In 1990, 1. 46 million Asian women were married, compared to only 1. 26 million Asian men. It is obvious that this distribution creates severe problems among African-American women and Asian males, who feel the scarcity of partners within their own race, and have little possibility to find them outside of it. The reason is that marriages between white man and African-American women, as well as between Asian males and white women are rare. African-American vice Asian marriages are even harder to found. Thus, every year the U. S society gets a considerable quantity of African-American women, and Asian-American men who are unable to find a partner. No wonder that African-American and Asian American communities arent silent about this problem. Numerous talk shows, books, and movies acquainted the American society with the problems African-American women have. The Afro-American activists created a feeling in most of the female representatives of this race that white women steal black man from Afro-American women. This attitude provokes hostility towards white women among the Afro-American ones, and also worsens the attitude towards interracial marriages in the whole society. Asian-American males are also downtrodden by the existing situation. They, in their turn, develop negative attitudes towards white men, who deprive them of the possibility to create families with Asian women. Some researchers propose that to solve this problem white males should be encouraged to marry Afro-American women, and white women be keener on having relationships with Asian males, but the other prove it would be ineffective for purely biological reasons. The thing is that, as the researchers proved, those are mostly hormonal reasons for which black males and Asian females are seen as the most attractive partners. The scientists found out that black men are on average more masculine than the white and Asian ones, while Asian females are the most feminine. In the same time, most men see Afro-American women as less feminine than white females, and Asian males, due to their build, are considered to be less masculine. In addition to the biological reasoning, these images are supported and promoted by the media stereotypes, where Afro-American males are depicted as hyper masculine, and Asian women – hyper feminine. Nature and society dictates that a person should choose a heterosexual partner with the most prominent features of the representative of the opposite gender, thus the Afro-American women and Asian males have problems finding partners, which, in its turn, creates strained attitudes towards interracial dating and marriage in the whole U. S society. The attitudes towards interracial dating and marriages have become much more tolerant in the past forty years, but the strain concerning this question still exists in the society. It is mostly caused by the fact that due to social and biological reasons Afro-American females, and Asian males experience problems trying to find a partner, as the considerable part of males and females who belong to their races prefer to have white partners. Works Cited 1. Sailer, S. Is love colorblind? public opinion about interracial marriage. National Review, 1997

Unitarism in the Workplace

Unitarism in the Workplace Generally speaking, Unitarism means that every workplace should be integrated as well as harmonious entity which exists for common goal. In unitarism the managements role is critical and main aim of management is to provide powerful leadership and good way of communiation.In unitarisized organization, Employees should be loyal to their organization as well as their management to meet up their common goals. Most of the unions in the world are existed for loyalty as well as commitment for their employees; however this is the main reason thats why they are not welcomed by Employers. Sometimes Employees became too familiar with management and sometimes this situation creates conflict between each other.( Morris, R., Mortimer, D. and Leece, P. (Eds). (1999) In Pluralism , Management supposed to make not only powerful and different sub-groups but also they has to powered these groups with its own legal loyalties and with their own set of objectives as well as leaders. From this discussion, there are mainly two major sub-groups arises Management and trade unions. In pluralism it is impossible for management to avoid conflict because Management only cares about achieving its objectives and goals and proper attention on Employees are not given, they just provide usual training to their employees to achieve goals. So in Pluralism, Management is totally focused on achieving goals rather then view employees on personal relationships.( Mortimer, D., Leece, P. and Morris, R. (Eds.), (1998)) What is Unitarisim? Well in simple sentence unitarism can be called as theory of ordinary purpose as well as mutual goals with no basic conflict of attention between labour and wealth (capital) As a result of this, Managements role diversify, less diversify towards enforcing and more powerful towards persuasion and Co-ordination. Mainly Trade unions are legal Council of employees, they are mainly dealt with conflict at workplace and it is not considers as a bad thing if management able to manage trade unions, this can lead management towards progress as well as positive change. (Wiesner, R. and Millett, B. (Eds.), (2001)) Conflict is a deviation, the outcome of Conflict may be: Poor communications in organizations between management and employees Poor management style as management may not be able to handle employees. HRM mainly strategic and logical approach for the management, it is also considered as organisations most precious assets People working in organisation donate for organisations success of the business. Human Resource Management had replaced the term Personnel Management as HRM involves the process of managing people in organisation. By simple mean, HRM is the process of employing people , developing their assets, utilizing, caring and compensating their services in terms of the job and managerial necessity.( Wood, J., Wallace, J., Zeffane, R., Schermerhorn, Hunt and Osborn, (2001)) There are mainly two approaches in HRM i.e. Soft HRM it relates with growth of humanism, Management gives proper training to their employees as if they are their personal. Hard HRM it relates with active combination of employees into firm objectives , Management seems to be hard with their employees , mostly they are focused on achieving goals. In Employment relationship, Neo-institutionalism is the term which is an expanded view of pluralist philosophy which is all about the function of rule-making. In management employee relationship, there are mainly two types rules Formal rules Substantive rules Neo-institutionalism also consists some other features such as Neo-intuitionalism is not only open but also endedness in terms of employee relationship Neo-Intuitionalism helps to understand the present in relationship with past Neo-Intuitionalism also describes and helps employees to understand the real world.( Wooden, M. (2000) , page no . 221) From recent Australian studies and world, it is shown that, Most of the work currently following unitarism tool of HRM ,because its been considered as soft HRM and in this Soft HRM, there are several criteria that fulfils todays dynamic worlds needs and wants , such as Soft HRM mainly focused on individuals own performance and its also focuses on individuals own development and in Unitarism , all of the employees and management of organization doing team-based work , so it is more favourable for employers. Where as in hard HRM , Management is mostly oriented towards result achieving , so Hard HRM is not very favourable for To achieve long term financial goals, most of the employers focused on development of employees because this can be proved positively for them in long term. References: Web references: Unitarism VS Pluralism http://forums.vogue.com.au/archive/index.php/t-122217.html Date assessed on 22-08-2009 Unitarily perspective from www.industrialrelations.naukrihub.com/unitary-perspective.html Date assessed on 22-08-2009 Book references: Teicher, Holland and Gough (2006) text book page no 42 to 46 Braverman, H. (1974) Labor and Monopoly Capital: the Degradation of Work in the Twentieth Century, New York: Monthly Review Press (331.0904 B739 1 c.1) Bray, M., Deery, S., Walsh, J., and Waring, P. (2005) Industrial Relations: A Contemporary Analysis, Sydney: McGraw-Hill. Cole, Kris, (2001) Supervision: The Theory and Practice of First Line Management, Frenchs Forest, NSW: Prentice-Hall. Colvin, J. and Watson, G. (1998) The Workplace Relations Handbook: A Guide to the Workplace Relations Act 1996, Melbourne: Butterworth.

F. Scott Fitzgeralds The Great Gatsby :: essays research papers

Nick Carraway’s Look at Man   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Nick Carraway, the first character introduced in Fitzgerald’s The Great Gatsby, is primarily acts as the â€Å"guide and pathfinder†; he relates the story from what others have told him. He strives at all times to be objective, and his comments are balanced. His amusingly contemptuous remarks show his sense of humor, and although he is straight-laced, he does not bore the reader. Nick is introduced directly, but Gatsby remains a distant character for a good while. The establishment of Nick’s reflective, tolerant personality is essential, as are his limitations, so the reader doesn’t just dismiss him as Fitzgerald’s mouthpiece. The fact that he disapproves of Gatsby so early on helps the reader to go along with his judgments when he tells of Gatsby and unfolds the story.   Ã‚  Ã‚  Ã‚  Ã‚  The first mysterious glimpse of Gatsby prepares the reader for much of what is to come. The imagery of â€Å"silhouette,† â€Å"moonlight,† and â€Å"shadow† in this passage prepares the reader for Gatsby’s shadowy, dark character. Many more of his actions appear to the reader, and Nick, as â€Å"curious.† The fact he is‘ trembling’ shows he is intense in his emotions-- and none of this is for show; Gatsby believes he is alone. His concentration on the â€Å"single green light† represents his determination to succeed, his constant drive; everything is designed so he can be with Daisy. He then vanishes; echoing the end of the book.   Ã‚  Ã‚  Ã‚  Ã‚  Nick is unlike the other characters of the book; he is not one of the â€Å"careless people.† He has a conscience, he is not selfish-- he has decency, which is well demonstrated in his efforts for Gatsby’s funeral. His down-to-earth character shows how superficial Daisy and Tom are. They are ruthlessly practical, where as Gatsby is a hopeless dreamer. Nick guides the reader between these two extremes while remaining a detached observer whilst being involved in the action-- â€Å"I was within and without, simultaneously enchanted and repelled by the inexhaustible variety of life.†   Ã‚  Ã‚  Ã‚  Ã‚  Nick’s aim to be truthful and objective makes the reader trust him. When Nick says Gatsby has a â€Å"rare smile with a quality of eternal reassurance in it,† the reader knows his riches or parties, but is telling it to the reader straight aren’t charming Nick. His contempt for much of what Gatsby says, but also Nick’s tolerance, is emphasized when Nick doesn’t mock him-- ‘â€Å"I lived . .

Journalistic History :: essays research papers

11. Yellow Journalism- The cartoon â€Å"Hogan’s Alley† depicted a tenement urchin, â€Å"The Yellow Kid,† who mocked upper-class customs and wore a yellow gown. When THE JOURNAL matched THE WORLD in color print, the author of the cartoon switched newspapers. The ensuing dispute gave rise to â€Å"yellow journalism† (unprincipled journalism) and led to the recruitment of countless newsboys in a bid to increase sales. The biggest yellow journalists were Joseph Pulitzer and William Randolph Hearst (â€Å"Please remain. You furnish the pictures. I’ll furnish the war.†) 17. Bohemian Thinkers- Many of these â€Å"thinkers† lived in Greenwich Village, NYC. They supported Freudian psychoanalysis, rejected traditional sexual traditions, and the Victorian life. This group included Isadore Duncan; the Ashcan artists (Henri, Sloan, and Luk); Eugene O’Neill, the playwright; Margaret Sanger, early supporter of birth control. Their influence was limited because they didn’t involve themselves in the reform movement. Their attitude was â€Å"do as I say, not as I do.† 21. Spanish-American War- The Spanish-American War was fought in 1898. The causes of this war were American concern for Cuban independence; the rise of yellow journalism; American business interests in Cuba; the DeLome letter, which was written by the Spanish Foreign Minister and criticized President McKinley; and the sinking of the USS Maine, which sank in the Havana Harbor on February 15, 1898 and was blamed on the Spanish. The war was declared on April 10, 1898 and the treaty was signed on April 17, 19—(I wrote the wrong year and have to go back and look it up, sorry!) 23. Theodore Roosevelt- Theodore Roosevelt, the first Progressive Era president and former governor of New York, was an outgoing outdoorsman who was full of life. He was also known as the â€Å"Trust-buster,† but didn’t believe that big corporations should be broken up indiscriminately. Regulation seemed the better approach to him. With Roosevelt’s â€Å"Square Deal†, TR had the government intervene in the United Mine Worker’s strike in 1902, and the sides soon settled. He continued and succeeded in reforms in railroads with the Hepburn Bill that strengthened the Interstate Commerce Commission (regulates RR). The Pure Food & Drug Act was passed also. The one area for which he is most famous is in conservation. Roosevelt was the first president to win a noble prize, and he lived at Sagamore Hill, NY. 30. William Jennings Bryan- William Jennings Bryan was the fundamentalists lawyer who was involved the Scopes Trial of the 1920’s.

aphasia Essay -- essays research papers fc

Aphasia is a language disorder that results from damage to portions of the brain that are responsible for language. For most people, these are parts of the left side (hemisphere) of the brain. Aphasia usually occurs suddenly, often as the result of a stroke or head injury, but it may also develop slowly, as in the case of a brain tumor. The disorder impairs the expression and understanding of language as well as reading and writing. â€Å"Aphasia may co-occur with speech disorders such as dysarthria or apraxia of speech, which also result from brain damage†. (Sarno 23) Anyone can acquire aphasia, but most people who have aphasia are in their middle to late years. Men and women are equally affected. â€Å"It is estimated that approximately 80,000 individuals acquire aphasia each year†.(Eiesenson 37) â€Å"About one million persons in the United States currently have aphasia†.(www.aphasia.org) Aphasia is caused by damage to one or more of the language areas of the brain. Many times, the cause of the brain injury is a stroke. A stroke occurs when, for some reason, blood is unable to reach a part of the brain. Brain cells die when they do not receive their normal supply of blood, which carries oxygen and important nutrients. Other causes of brain injury are severe blows to the head, brain tumors, brain infections, and other conditions of the brain. â€Å"Individuals with Broca's aphasia have damage to the frontal lobe of the brain†. (www.aphasia.org) These individuals frequently speak in short, meaningful phrases that are produced with great effort. Broca's aphasia is thus characterized as a nonfluent aphasia. Affected people often omit small words such as "is," "and," and "the." â€Å"For example, a person with Broca's aphasia may say, "Walk dog" meaning, "I will take the dog for a walk." The same sentence could also mean "You take the dog for a walk," or "The dog walked out of the yard," depending on the circumstances†. (Jakobson 43) Individuals with Broca's aphasia are able to understand the speech of others to varying degrees. Because of this, they are often aware of their difficulties and can become easily frustrated by their speaking problems. â€Å"Individuals with Broca's aphasia often have right-sided weakness or paralysis of the arm a nd leg because the frontal lobe is also important for body movement†. (Jakobs... ... the home. Seek out support groups such as stroke clubs. Aphasia research is exploring new ways to evaluate and treat aphasia as well as to further understanding of the function of the brain. Brain imaging techniques are helping to define brain function, determine the severity of brain damage, and predict the severity of the aphasia. â€Å"These procedures include PET (positron emission tomography), CT (computed tomography), and MRI (magnetic resonance imaging) as well as the new functional magnetic resonance (FMRI), which identifies areas of the brain that are used during activities such as speaking or listening†. () â€Å"In-depth testing of the language ability of individuals with the various aphasic syndromes is helping to design effective treatment strategies†.() The use of computers in aphasia treatment is being studied. Promising new drugs administered shortly after some types of stroke are being investigated as ways to reduce the severity of aphasia Works Cited Sarno, Martha T. Acquired Aphasia. California. Academic Press. 1998. Eiesenson, Jon. Aphasia in Children. New York. Jakobson, Roman. Child Language Aphasia and Phonological Universals. Texas. 1972 www.aphasia.org

Management Control System Essay

A common fleet significantly simplifies scheduling, operations, and maintenance. Training costs for pilots, ground crew, and mechanics are lower, because there’s only a single aircraft to learn. Purchasing, provisioning, and other operations are also vastly simplified, therefore lowering costs. 2. People: Southwest tries hard to different way. For example, not assigning seats in its flights helps to reinforce its image that it gets passengers to their destinations when they want to get there, on time, at the lowest possible fares. By not assigning seats, Southwest can turn the airplanes quicker at the gate. If an airplane can be turned quicker, more routes can be flown each day. That generates more revenue, so that Southwest can offer lower fares. About 60% of Southwest’s passenger revenue was generated by online bookings via southwest. com. That southwest. com was the number one airline website by revenue and Nielsen/Net Rating identified it as the largest airline site in terms of unique visitors. 2. How do Southwest’s control systems help execute the firm’s strategy? Southwest’s control system help execute the firm’s strategy by: – Implementing short haul and medium haul, on-line booking, less time at the gate, hedged fuel and oil Southwest consistently sought out ways to improve its efficiencies and pass on the cost savings to its passengers. In 2004, Southwest had reduce the headcount per aircraft to 74 from 85 in 2003. It hedged about 85% of its fuel and oil needs as a result saved about $ 455 million . It also entered new airports after a process of due diligence and with a sense of commitment to the people it served. Southwest pilots were among the only pilots of major U. S. airlines who did not belong to a nation union. National union rules limited the number of hours pilots could fly. But Southwest’s pilots were unionized independently allowing them to fly far more hours than pilots at other airlines. Othe workers at SWA wree nationally unionized but their contracts wrere flexible enough to allow them to jump in and help out regardless of the task at hand. From the time the plane landed until it was ready for takeoff took approx 20-25 minutes at SWA and required a ground crew of 4 plus 2 at the gate. Is the controller relationship of Martex better than that of Rendell current organizationalrelationship ? Objective: To achieve profitability and growth Ans 1: What is the organisational philosophy of Martex with respect to the controller function? What do you think of it? Should Rendell Adopt this philosophy? The organizational philosophy of   Martex   with respect to the controller function is thatdivisional controller report to the corporate controller for transparency of information on budget issues. According to us it has the following Adv and disadv:

Mies Van Der Rohe and the Sense of Space

Intro From the mid 17th-century to the early 20th-century, after the renaissance and the enlightenment thought, the world again experienced a flourishing revolution throughout almost all the realm including architecture, culture etc. , initiating many different movements. As a response to the declining aristocracy and the rising bourgeoisie, the neo-classicism began to spring up to accommodate the new institutions of bourgeois society through the re-adoption of antique doctrines. Modern Architecture: A Critical History P12) Although it acts as an introspection of the over-elaboration of architectural language in Rococo interiors of Ancien Regime and the secularization of Enlightenment thought (Modern Architecture: A Critical History P12), architects cannot simply be sufficed with the fact a reverence for the classical past (Pragmatism and Modern Architecture, William G. Ramroth P31) They started to discover the fundamental morality of the building. (The artless word P96) Ludwig Mies van der Rohe, as one of the most â€Å"Zeigeist† architects in the biography of modern architecture, began his career under this ultimate paradox era. Now we scale our eyes down to the three projects successively done by Mies van der Rohe during the 1920s, that is the Brick Country House, the Wolf House, and the Barcelona Pavilion, through which, we can follow the penetration of Mies’ ideological transformation from the neoclassicism to the modernism, to trace the differences between them. Fan of skyscraper P2 Only skyscrapers under construction reveal the bold constructive thoughts. Mies van der Rohe, published in Fruhlicht, 1, no. 4(1922) 122-124 Mies Intro â€Å"The idealistic principle of order†¦with its over emphasis on the ideal and formal, satisfies neither our interest in simple reality nor our practical commonsense. † –Philip Johnson, Mies van der Rohe, New York: Museum of Modern Art, 1947, p. 194 In a Hegelian sense, Mies conceiv ed of the â€Å"Zeigeist† as a driving force in history infused in and identified with technology. – Mies_van_der_Rohe_The_Genealogy_of_Column_and_Wall P44 He claimed that â€Å"Technology is rooted in the past. It dominates the present and tends into the future. † Mies believed that the linear progression of technology would surpass its practical dimension to become â€Å"something that has a meaning and powerful form. † – Conrads, Ulrich, Programs and Manifestoes on 20th Century Century Architecture MIT Press 1975 P154 This monism initiates an architectural discourse which rejects â€Å"all aesthetic, all doctrine and all formalism,† and restores architecture â€Å"to what it should exclusively be: building. † -Mies van der Rohe, â€Å"Aphorisms on Architecture Form† uoted by Johnson, Philip C. , Mies van der Rohe(New York: The Museum of Modern Art, 1947), P 188-189 â€Å"Essentially our task is to free the practice of building from the control of aesthetic speculators and restore it to what it should exclusively be: building. † -Mies van der Rohe, â€Å"Aphorisms on Architecture Form† quoted by Johnson, Philip C. , Mies van der Rohe(N ew York: The Museum of Modern Art, 1947), P 188-189 The renovation of the building art from its foundation up had to begin with the reestablishment of a fundamental morality of building. As its apostle, Mies entered the debate. Part of his program was, first of all, the rejection of a past, that had, after World War I, experienced a total collapse, a â€Å"heroic finale†. The purging of the building art from this history of decline began with a rejection of all aesthetic and symbolic references and contents. The clenched fist spoke, as it were, in the rhythmically insistent verdict of Mies: â€Å"Any aesthetic speculation, any doctrine, and any formalism we reject. † -the artless word P96-97

Concept Briefing

Abstract This briefing describes collocation of bibliographic records and how it helps to formulate effective search strategies resulting in good information retrieval. Collocation is the cataloging process of bringing together related items, such as titles written by the same author, editions, and versions of the same title, or materials on the same topic. This briefing also provides examples of the value of collocation in maintaining a successful library catalog such as compiling all information on Princess Diana in one record would be an example of collocation.Use of collocation in bibliographic records can provide vast improvement in information retrieval. Introduction Cataloging is a register of all bibliographic items found in the library. Items can be any kind of entity that is a library based material (book, magazine, audiobook, etc. ). Bibliographic control, cataloging teaches us, encompasses all the activities involved in creating, organizing, managing, and maintaining the file of an entity record. To maintain consistency in multiple matching entities, catalogers use the process of collocation to bring them together.The better the catalog, the higher the credibility a library has with its users. Users’ are more content with fast, accurate and effective retrieval of information. All collections, either physical or virtual, are formed through collocation, the process of bringing together related information (Taylor 1999). It is a useful term because it emphasizes the purpose of collection building and can be applied to the different means used to bring together materials. Collocation is often associated with physical location, such as when materials written by the same author are placed together on shelves in library.A library catalogue also provides collocation by bringing together like materials through a system of records and references. In the electronic age, collocation is associated with virtually grouping materials together, †there i s evidence that people writing about the same concept often do not use the same words to express them. (Taylor, 2009, p. 333) Definition According to Arlene Taylor, collocation is â€Å"the bringing together of records and/or information resources that are related in some way (e. g. same author, same work [different titles or different editions], same subjects, etc,). As all cataloged materials have a call number, collocated materials can be assigned a collocation device. â€Å"A number or other designation on an item used to place it next to (ie. , collocate with) other items that are like it. † (Taylor, 2009, p. 449) Purpose and implications The purpose behind cataloging was established in 1876 by Charles Ammi Cutter. They were: (1) to enable a patron to find a book by author, title, or subject; (2) to show what the library has by a given author, on a given subject, or in a given kind of literature; and (3) to assist in the choice of a book as to the edition, or as to its character. Cutter's objects describe two distinct-functions for the catalog: a finding list function and a collocation (gathering) function. † (Intner, 200 , p. 2) In cataloging, all publications of an author are filed in one place under the heading for the author's name. Editions of a work are together under the heading for the title. Then, finally, all subjects are gathered under a subject heading. Authority control is the procedure by which consistency would be maintained through these various headings. A library patron could search the records by a name, title, or subject search. Through collocation, all of these searches are brought together. Primary access points also provide a way to collocate all derivations of the work. If there are several manifestations of a work—a translation, an illustrated version, an audio version—choosing the same primary access point for them means that in most retrieval tools they will be displayed together. † (Taylor, 200 6, p. 171) Collocation is an important outcome of the practice of choosing primary access points. â€Å"This access point has proved to be, so far, the only way to collocate all manifestations of a work, including instances when manifestations have different titles, and editions have different authors. † (Taylor, 2009, p. 269)

Discuss Somerset’s global supply chain Essay

Somerset Furniture Company (SFC) was founded in 1957 in Randolph County, Virginia. Traditionally, SFC manufactured large, medium-priced, ornate residential home wood furniture such as bedroom cabinets and chests of draws, and dining and living room cabinets, tables, and chairs. Somerset prides itself on customer service. They believe that late deliveries to its customers would harm its credibility and result in loss of customers and excessive inventories. Somerset has recently set up new strategies and tactics to meet goals and improve global supply chain. They first found their problems were, and focused on its core capacities that will improve productivities and reduce inefficiency to win in the global market. In the mid-1990s, SFC was faced with increasing foreign competition, high labor rates, and diminishing profits. SFC decided to outsource several of its furniture product lines to manufacturers in China. This reduced the size of its own domestic manufacturing facility and labor source. SFC considered quality and time as its core competences. SFC planned to implement and strengthen its core by adopting EDI, RFID, and RTA (ready to assembly) to acquire more competitiveness on time by reducing time, improving the delivery of economic value to customers. Because of supply chain variability, shipments can be off schedule or delayed. Since 9/11, random security checks delay shipments. SFC’s global supply chain was getting lose its competitive edge and even faced shipment delays by as much as 40%. SFC was initially successful in their idea to outsource their business on a limited basis. SFC has since then discovered that as many companies do this same thing, out sourcing can result in a host of supply chain problems. Discuss possible remedies for its supply chain problems. Reduce Variability: Somerset should implement processes and tools that will reduce variability. The current process orders furniture on a weekly and bi-weekly basis. The process takes between 12 and 25 days to develop a purchase order which is then released to the Chinese suppliers. With these kinds of gaps in order creation, it makes it extremely difficult to forecast demand. The supply chain can easily be improved by implementing a real-time internet driven system that allows for direct communication between the retail operations and the supplier. Suppliers then can begin manufacturing  new furniture as orders come in. Additionally, implementing such a system will help ensure that once an order is received, that there is an urgency to deliver that order to the store, versus the current process where it may take from one day to a month before furniture is delivered to a store. Somerset wants as much of the order delivered to a store as possible in order to improve their on hand inventory levels and reduce variability. Improved Transportation: Somerset should also leverage technology with its transportation companies. Technologies such as RFID can be used to provide real-time updates to the transportation company. With improved forecasting, thresholds can be established, so that once reached, a truck is pre-ordered with the expectation that a complete order will be reached once the truck reaches the manufacturing facility. With improved forecasting and the use of technology, the trucking company can better estimate its consumer needs, thus improving their preparedness. Shipping Partnerships: In order to improve the probability of securing shipping containers and to reduce the delays caused by security checks, Somerset should leverage partnerships with companies that have similar shipping needs. By increasing the scale of their shipping needs, Somerset and t heir partners can compete with larger companies like â€Å"Big W†, by placing advanced orders. Additionally, Somerset, will experience cost savings, because of the shared container costs. The company will have fewer concerns with partially filled containers. Lastly, due to the increased scalability, the company (along with the business partners) may be able to leverage their size and avoid delays caused by security checks. Alternative Suppliers: Somerset should begin exploring opportunities with different global suppliers. Given quality concerns with production facilities and the difficulties with improving transportation and shipping resources, China may not be the best supplier for Somerset. By securing a different supplier, Somerset can not only improve its quality (thus securing its reputation), but also improve the expedience with receiving its ordered goods. These improvements can result in cost savings and improved customer service for Somerset. Discuss strategic and tactical changes that might improve the company’s supply chain performance. Collaborative Data Collection: Somerset needs to partner with the stores they deliver furniture to in order to gat her sales and other data customer facing attributes like delivery performance, fill rate and order  fulfillment. They could use this data to address supply chain response time and make their production more flexible. This entire process should be automated and accessible over to all of the stakeholders. By evaluating this data and comparing it with data about their competitors Somerset can develop a more accurate model for forecasting future sales and returns by reducing the variability due to a shorter lead time. Optimizing the customer facing fulfillment system will provide insight into how to adjust their internal supply chain process. For example, Somerset will be able to shorten the time it takes to develop and release their purchase order to their Chinese manufacturers. However, this process needs to be automated and accessible to their Chinese manufacturer so they are better able to prepare to fulfill the orders in a timely manner. This purchase order process should be combined with a plan that incentivizes their manufacturer to process their orders quicker. They also need to penalize th e manufacture for faulty products and late delivery. Although they currently have a Quality Control process they should have their own representative participate in the QC the process in China. Since Somerset has the machinery to make the custom furniture, part of the agreement should include requiring their Chinese manufacturers to use them. They also need to find other manufacturers so that they can mitigate the risk if their primary manufacturer experiences a problem meeting the deadline or there is a problem with the shipping deadlines. New Product Release: Somerset should re-evaluate how they introduce new products and phase out old product lines. For example, instead of replacing the entire product line at the same time they could introduce new products that replace the products are beginning to experience a drop off in demand. They should also examine the cost of replacement parts. They should look for ways to replace the faulty parts at a minimal cost. Standardized Parts: Somerset should identify parts that can be made interchangeable. The use of standardized parts would cut down on the time and skill required to make the furniture without affecting their customized features. Another option would be for Somerset to incorporate the manufacture of replacement parts into the facility where new products are developed. That could reduce the cost and time it currently takes to get replacement parts from China. In order to address the partially filled container problem and the creaking issue Somerset should ship the parts in standardized boxes that stack better an  fill the containers. Then establish an assembly plant in the US. That also provides them with a final control over the quality of the finished product. Somerset should also add a distribution center in China where the products are delivered prior to being shipped to the US and another distribution center in the US near the port of entry. This would help address the delays in delivery to the ports. Furthermore, Somerset should purchase their own trucks and coordinate delivery of finished product s with the pickup of raw materials. Additionally they could ship these standardized containers via airplane verses relying exclusively on ships. Although they can’t shorten the time it takes their containers to clear customs Somerset could reduce the time it takes to deliver them by purchasing their own delivery trucks to pick up the delivery from the dock. They can still contract with larger delivery services pick up from the distribution centers. Please note that these distribution centers could act as warehouses where additional inventory is stored. Product Visibility: In order to further remove uncertainty the individual boxes should be bar coded and the containers should have RFID capabilities. As a result of using technology, Somerset will have visibility to status of their products and shipments at all times. The information derived from the enhanced process would enable Somerset to reduce the supply chain cost and continue optimize their supply chain efficiency ultimately cutting cost and increasing revenue. Discuss strategic and tactical changes that might reduce system variability. Somerset Furniture faces the challenge of trying to alleviate delayed shipments in their supply chain process from their current 40% variability rate. The dilemma with shipment lead time is that the determining factor is processed orders from the past. Somerset’s management team would evaluate their past orders to determine how much lead time was reasonable in order to forecast future furniture shipments. As we learned from the case, Somerset’s variability issues stem from many factors. Some of the factors are beyond Somerset’s control due to the strict compliance factors in International shipping. For example, the size of Somerset’s business causes them to generate more security checks than larger companies because of the smaller and infrequent number of shipments. These security checks can lead to a three week delay in the shipping process. Also there is a 3-6 day lead time for containers to be loaded at the docks. There really isn’t much that  Somerset can do about this lag time because ports have their own employees and contract labor group to handle loading and off-loading duties. Furthermore, ports order containers according to bulk demand and availability which makes it hard for companies like Somerset to control the 1-7 day wait time that it takes to empty and transport available containers to the port loading docks. Another issue facing Somerset and other retail companies is that companies like SunKist and SeaLand, who own containers, only wish to order and manufacture enough containers that can be loaded and off-loaded on a continuous basis. This maximizes the fleet inventory of SunKist and SeaLand so that they can generate the most profits from their assets. Container Purchase: One way that Somerset can alleviate this problem is to purchase or lease their own fleet of containers from container manufacturers. This would allow them to reduce the 1-7 day variability wait period for empty containers. Somerset Furniture could own or lease this inventory and contract with companies like SunKist or SeaLand to store the empty containers at their docks for rental fees. By purchasing or leasing their own fleet of containers and contracting with available container owners, Somerset would also be reducing the excess space problem that they are having due to the dimensions of the containers. By ordering th eir own fleet of containers, Somerset could customize the orders to better accommodate their furniture shipments thus maximizing container space. Regulatory Compliance: Another challenge facing Somerset is that the inventory trip from China to Somerset’s Norfolk warehouse takes 29 days. There really isn’t much that Somerset can do about this timeframe. In addition to the above waiting period, the stringent process that International shipments undergo during the Customs inspections is also beyond Somerset’s control. The only thing Somerset can do to alleviate this problem is to comply with every aspect of Customs to not cause a further delay in the process. Trucks can only be loaded with furniture when the containers past inspections at the docks. One would think that the common sense thing to do is to have trucks waiting on the containers to pass Customs to prevent further delays; however, 3rd Party trucking companies charge for hold over time. The reason behind the downtime charge is that they lose money if their vehicle fleet is not on the road carrying a load. The 1-3 day trip that it takes for trucks to get from Customs to Somerset’s  warehouse is a minor issue compared to the potential 30 day period that it takes for the trucks to be unlo aded at Somerset’s warehouse docks. Supplier Incentives: The variability issues for Somerset that are within their control exist on the front end of the process beginning with the work order and purchase order process. For starters, one of the things that Somerset can do to eliminate wait time is to offer incentives to its Chinese suppliers to search for ways to process purchase orders faster. If the Chinese suppliers can accurately and efficiently reduce the 10-20 day wait period it takes to process purchase orders on the front end, then Somerset Furniture Company can reduce the potential 30 day wait period that it takes to unload trucks on the backend at their warehouse. This would help Somerset Furniture to be able to reduce excess storage fees that they have to pay to 3rd Party trucking companies for having their trailers occupied for many days at Somerset’s docking stations. Another tactical strategy that Somerset can employ is to seek ways to reduce the 60 day wait time that it takes for their suppliers in China to begin the manufacturing process. Questions need to be asked. What kind of incentives can be offered to their suppliers to start the manufacturing process earlier? Are there other suppliers in China that Somerset can employ as sole supplier manufacturers? Employing sole suppliers would help to cut down on variability because there would be no other customers hindering the manufacturing process since Somerset would be the only customer. Lastly, rather than use low-cost suppliers in China, Somerset should do the math and see if it makes sense to become their own low-cost supplier in China. By searching for ways to reduce the 60 day manufacturing cycle ¸ Somerset could reduce excess inventory and increase Just-In-Time (JIT) shipments. Also by searching for a sole supplier in China, Somerset could enjoy a streamlined manufacturing process with little or no lag time. This in turn would help to alleviate the quality issues that Somerset was having because there would be one supplier to hold accountable for their product. Discuss strategic and tactical changes that might improve quality and customer service. We have listed multiple strategic and tactical changes that Somerset could potentially make to their organization that would not only improve the overall quality of their product, but would certainly improve their customer service. If Somerset made a deliberate effort to improve its transportation via technology, engage in strategic  shipping partnerships, standardize some of its key parts, and offer supplier incentives, it would undoubtedly improve its quality and its customer service. Inspections: In addition to the above listed items, Somerset should acquire the services of an independent auditor or inspector. By placing an independent inspector in the facilities of its Chinese suppliers, Somerset could greatly increase the quality of its products and would likely reduce the amount of customer complaints. Proactive Customer Service: Somerset could greatly increase its customer service by committing to a proactive customer service team. Somerset could increase the size of its customer service support function that would allow its customer service team more time to place courtesy calls, follow up calls, emails, and texts to customers that may have had a bad experience. A dissatisfied customer could likely become a lost customer if there is not a proactive customer service team to follow up on each issue. Customer Service Score Cards and Online Surveys: Lastly, Somerset should make every attempt to listen to the voice of its customers. Somerset could provide its customers with customer service score cards and/or online surveys so that they could stay in tune with the changing demands of their customers. The exceptions such as late deliveries or damaged products should be addressed as expeditiously as possible, however, it is in the organization’s best interest to know and understand what their customers like, dislike, want, and need. Customer service score cards and online surveys would give Somerset priceless feedback and it would open lines of communication between the organization and its customers.

Economic Recovery of Greece Research Paper Example | Topics and Well Written Essays - 1500 words

Economic Recovery of Greece - Research Paper Example The state made efforts to keep the economy going by spending a lot which consequently increased the country’s debt level in the eurozone. Further efforts were made to reduce the impact of the economic crisis where the Greek State borrowed a loan of â‚ ¬45 billion on 23 April, 2010 from the European Union and the IMF. This was in attempt to cater for its financial requirements for the remaining period of 2010. Their efforts were futile as standard and Poor’s cut the country’s debt rating to junk status a few days after acquiring the loan. The move was in fear of a possible default by the country where the investors were likely to lose 30-50% of their savings. As a result the securities market in the world and the entire euro currency went dipped low in reaction to the S & P downgrade (Stein, 2006). Below is an explanation as to why the European Central Bank must keep the level of interests low with the intention of rescuing Greece. Justification as to why the i nterest rates must be kept low to help Greece The lowering of the interest rates will give some relief to Greece particularly with its delicate Southern tier. The banks in Greece will eventually borrow heavily from the European Central Bank since the bank will find it difficult to hold more cash in the central bank when borrowing is low. Lending in the private markets will also increase which will enable the households and business free up their cash for more expenditure and investment that can improve the economy of the country. The interest rates of the loans are closely pegged on the formal policy rate hence in one quarter point European Central Bank decrease will eventually reflect into â‚ ¬2.5 billion less yearly payment of interests as approximated by economists (Stein, 2011). Efforts have been by the eurozone monetary policy through the European central bank to help in rescuing Greece which has been coordinated by several actions. This is in response to the escalating thre at of the world’s economy as a result of the crisis in Greece. First and foremost, the European Central Bank made a cut on the interest rates to a record low of 0.75%. This was an urgent move to counter the extreme run of the economic information. However, this has driven the strong shift in recuperating the State’s bond purchase policies or flooding banks with a long lasting liquidity term (Bartha, 2011). According to Butler (2010), the European Central Bank is also anticipated to make a further cut with more measures to enable the Greece economy to come back to its feet. Consequently, the Bank of England whose lending rates are currently hitting low of 0.5% has intentions of rejuvenating its printing procedures and purchasing of US$ 78 billion of its assets. This is in line with its freshly established monetary guidelines to assist in lifting the eurozone out of downturn. The reaction by the European Central Bank to ease the market tension has been implemented throug h cutting of borrowing costs for debts by 25 basis units. The interests’ rate record low of 0.75% has the main purpose of promoting the declining eurozone economy. The justification for this move was instigated by the increased pressure on European Central Bank by the investors and other stakeholders such as the IMF to take bolder steps in countering the economic downturn. Hence the European Central Bank had to buy back most of the sovereign debt securities for Greece distressed economy. Besides, the cuts and the

The Trail of Your Blood in the Snow Essay Example | Topics and Well Written Essays - 500 words

The Trail of Your Blood in the Snow - Essay Example This research tells that one of Marquez seminal short story collections is Strange Pilgrims. While this collection contains an array of stories, one of the most indelible is ‘The Trail of Your Blood in the Snow’. This essay examines this story in terms of Marquez’s authorial techniques. One prominent consideration is Marquez’s implementation of syntax and diction. While authors such as Ernest Hemingway heralded a minimalist writing style, Marquez implements complex sentence structures. In the opening segment of the story, Marquez writes, â€Å"The Civil Guardsman, a rough wool blanket covering his patent-leather tricorn hat, examined their passports in the light of a carbide lantern as he struggled to keep his footing in the fierce wind blowing out of the Pyrenees†. This sentence is indicative of the richly-textured and descriptive sentences that are thematic throughout the story. While Marquez at-times contrasts these sentences with short and choppy statements, this remains the most dominant form of diction. Throughout the story, Marquez implements a number of notable literary elements. One such technique is the use of metaphor. In one instance, Marquez writes, â€Å"her adolescent dream pierced for the first time by lightning flashes of uncertainty†. In this instance lightning functions as a metaphor on the uncertainty that had suddenly overtaken Nena Daconte. In another instance, Marquez makes use of symbolism in the form of a saxophone. Throughout the story, Nena Daconte is characterized as having been a proficient tenor saxophone player. This character description is repeated in a number of instances and woven into the fabric of the text such that it becomes symbolic of her sexual prowess. Still, perhaps the most prominent authorial technique implemented in the story is the use of allegory. During the story, Nena pricks her finger and must enter a hospital. Billy Sanchez must then face the absurd levels of hyper-rat ionality and bureaucracy in the hospital. In this way, Marquez implements the hospital as an allegorical comment on bureaucratic structures. Eventually, Nena dies and because of this hyper-rationality, Billy is unable to be there or even be discovered.

Visiting a kindergarten Essay Example | Topics and Well Written Essays - 1000 words

Visiting a kindergarten - Essay Example Like a real Snow White but with yellow hair not black. Most of the people that I know are different shades of brown but Sarah was from the mainland where all the really white people come from. Sarah had the whitest skin I ever saw and polka dots on her nose and cheeks. She couldn’t play rough on the playground because her white skin was very soft. I know because one time, when she accidentally fell down, she got these really big purple spots on her legs that she said were bruises, but they weren’t like any bruises I ever saw before they were so dark, and she said it happened all the time. When I looked at her and how the sun glowed through her yellow hair, though, it didn’t make any sense to me that Snow White could have black hair because Sara made a much better Snow White. Yes, she definitely did. If I visited too much in class, Sister Mary Joseph would call me up to her desk and have me hold out my left hand. I knew what was about to happen so I would always l ook at Sarah. That way, I wouldn’t cry. All the other girls would look sad and down at their hands, thanking god the father that it wasn’t them, but not Sarah. Sarah always looked right at me, and then she would smile like Snow White – sweet, soft, and comforting. She always seemed to know just how I felt. When it was pau, I would go back to my seat and she would stroke the top of my hand until the pain in my palm went away. That’s how the magic started. One day, after I got smacked.

Career research&analysis assignment Research Paper

Career &analysis assignment - Research Paper Example The principal collaborates with the other teachers to maintain and develop the curriculum standards, design or develop the mission statements, and set the performance objectives and goals. He/she hires, trains, recruits, and assesses the supplemental and primary staff and evaluates/ assesses the curricula, programs and teaching methods to determine their efficiency, effectiveness, and utilization and ensures that the activities of the school comply with the state, local, and federal regulations. The principal provides guidance and counsel to students about academic, personal, behavioral, and vocational issues. The other roles include leading and planning professional activities of development for administrators, support staff, and teachers and sets the educational goals and standards, which assist establish procedures and policies to carry them out (Bridges Transitions Inc). Education requirements- the educational requirements of this career include a bachelor’s degree in Education, and clear services in administration. Experience as a high school principal in a charter or public School forms part of the requirement with a Masters degree always regarded as an added advantage (CCSESA). Job outlook- Individuals in this profession report that one would often handle loads of up to 10lbs and sometimes 20lbs. the occupation may involve doing a lot of work standing or walking or may be sitting but using one’s legs and arms to control tools, equipments, or machines. This occupation thus requires that one be inside most of the time and involves standing for approximately more than a third of the working time. The occupation calls for understanding and identifying the speech of another individual, speaking clearly to be able to be understood by other people, and seeing up close clearly. The travelling and working hours are usually irregular and may also involve working during the weekend. Pay- the career of a

Strategic Management and Leadership Assignment Example | Topics and Well Written Essays - 3000 words - 1

Strategic Management and Leadership - Assignment Example The feature of effective leadership identifies a person who thinks and acts differently from the rest in achieving a desired purpose. This defines that a leader must be bold enough to face oppositions and undue criticisms for his different approach. A person earns the recognition of effective leadership if he or she endeavors to gauge a situation by standing on the toes of others. The effective leader must also take care of the subordinates through acts of motivation and by extending needed help in times of organizational crisis. Existing in the changing environment entails a leader to be flexible enough to help the organization achieve future goals and set purposes. A manager turns out to be an effective leader in being an adaptor to the changing environment. Further, the manager decides on the planned course of action and directs the subordinates to walk on the treaded path to achieve the desired goal. The manager also endeavors to empathize through the acts of liaison between the upper and the lower levels. Moreover, an effective manager must take active role in motivating the subordinates through effective training and creating a positive environment for others to perform effectively. The function of effective management also entails that the working conditions must be made favorable and safer to help the employees succeed in their work. (Caroselli, 2000, pp. 1, 2, 4-5, 6, 8-9) The leaders of the modern era must prove themselves as effective managers to sustain in a competitive environment. An effective leader in the context of the modern era is observed to be a person who endeavors to execute tasks through the delegation of responsibilities. Effective leadership entails in carving the organizational process and structure in such a manner that can help the staffs to become self-dependent in meeting desired goals. A person to become an effective leader must look forward to acquire

What factors influence policies and practices of multinational firms Essay

What factors influence policies and practices of multinational firms Discuss - Essay Example To initiate and actualize the entry, MNCs have to set targets and formulate various strategies according to the situation prevailing in those foreign markets. While formulating the strategies, the organizations’ leader and the management team will firstly look at the factors that may aid them to make a successful entry. After analyzing the positive factors, the firms will or should have to analyze the negative factors or challenges that may impede its entry. As every foreign market or country will have different political, social, economic conditions as well as different customers, competitors, prospective employees, etc, etc, there will be many challenges, which will block the firms’ success. Thus, both these factors could influence the practices and policies of MNC’s particularly in its foreign operations. Among the many economic based movements, globalisation is the one which had and is still having major impact on the economic development of many countries and its people worldwide. â€Å"The word globalisation marks a set of transitions in the global political economy since the 1970s, in which multinational forms of capitalist organization began to be replaced by transnational† (Appadurai, cited in Meyer and Geschiere 1999). Economic part of globalisation is the key because with the whole world becoming a kind of global village, barriers between the countries are broken with integration happening mainly in the economic aspects. In this scenario, foreign organizations particularly MNCs, using the globalisation plank, have entered and will also enter various sectors of the businesses leading to the establishment of many industries. With these MNCs providing good employment and the resultant good development, people of those countries have became financially stable and are going in search of material comforts, causing impacts on social change. For a

Business Financial Metrics Essay Example | Topics and Well Written Essays - 1250 words

Business Financial Metrics - Essay Example Company managers, investors and government regulators utilize various metrics and ratios to analyze company financial statements such as income statements and balance sheets so as to determine the fiscal viability of the organization in the short and long term. This paper will examine some of the ratios and metrics utilized by various stakeholders to appraise different financial statements, examining how various stakeholders can successfully employ the metrics and ratios in their decision making. The examination of balance sheets entails the use of financial ratios as the primary metrics. These ratios include the quick ratio, leverage or debt-to-worth ration and current ratio. The current ratio, which is also referred to as the liquidity ratio, measures the liquidity or solvency of an entity (Higgins, 2009). This metric offers investors a measure of the business’ capacity to pay its current liabilities using its current assets. Investors typically use this information to decid e whether or not to invest in a business. A high current ratio means the company has vast capabilities to pay its short-term debts using short-term cash. Investors and company managers seek a current ratio that is above 1.0 since this indicates a company’s competence to repay all its current liabilities. Secondly, quick ratio is also a measure of liquidity, which eliminates certain minimally liquid assets from the current ratio equation. Company managers, government regulators and investors utilize quick ratio to analyze a company’s financial strength (Shapiro & Balbirer, 2000). Company managers, investors and business managers use this information to determine a company’s overall capacity to repay its current liabilities, which influences its long term viability. On the other hand, the leverage ratio or debt-to-equity or debt-to-worth ratio provides investors a viable signal of a business’ leverage. When this ratio is high, it means a company’s as sets exceed its stock equity, which indicates that the company has more debt than equity. Leverage ratios of 2:1 or lower mean that liabilities are double the amount of shareholder’s equity. Ratios above 2:1 indicate that a business may be unable to pay its creditors or acquire supplementary long-term funding (Higgins, 2009). Government regulators use leverage ratios to determine whether or not companies can legally file for bankruptcy. Investors use the ratios for control purposes such as deciding either to invest or pull out their investments in a company (Harrington, 2003). The ratios allow current and prospective investors to examine how managers acquire and make use of company resources in their control, thereby influencing investment decisions with a view to deterring the incidence of financial loss. Through the ratios, company managers gain knowledge of the successfulness of the business’ past and present strategies and how to enhance their future viability. Rat ios also enable managers to highlight and exact deviations from optimal performance levels thus allowing organizations to steer their decision making and processes towards the attainment of such optimal performance. Various stakeholders use different ratios and metrics to analyze income statements. For instance, earnings per share ratios tell government analysts and investors the amount of money available to shareholders

Evaluate strategies which may be used by businesses Essay Example for Free

Evaluate strategies which may be used by businesses Essay Evaluate strategies which may be used by businesses and governments to improve the competitiveness of a country’s goods and services. Competitiveness is the ability of a firm or a nation to offer goods and services that meet the quality standards of the local people and world markets at prices that are competitive and provide adequate returns on the resources employed or consumed in producing them. Governments have an important role for improving the competitiveness of their country’s goods and services. Governments are able to change regulations and taxes according to what they believe about their country’s state of economy. For example, a government may decide to decrease the corporation tax in order to improve the competitiveness of a country’s goods and services. A decrease in the corporation tax will encourage new firms to set up and existing firms to invest. Corporation tax is a levy placed on the profit of a firm with different rates used for different levels or profits. They are taxes against profits earned by businesses during a given taxable period. If there is a decrease in the corporation tax, it means that firms will have an increased retained profit since less money goes to the government revenue. This will allow firms to use this money to improve competitiveness. More spending on investment will be possible which will increase productivity. If the firms invest on capital goods such as machinery that will benefit the firm by producing at lower cost, then the firm might able to set lower prices in order to improve price-competitiveness. For example the UK government reduced the headline corporation tax rate from 30% to 28% in 2007 Budget. Reducing corporation tax increased the retained profits for UK firms that can plough back into investment projects. This should help to boost the UK capital stock. It should also help the UK to keep attracting foreign direct investment which improves the competitiveness furthermore since British firms may gain from the advanced technology and innovation of foreign multinationals. (Technology transfer) However, if the government decreases corporation tax, there might be some firms that decide to save the retained profits instead of spending on investment. This might be because there is a period of recession and firms might find it risky to invest. In addition many firms have chosen not to reinvest as they have been more concerned with making short term profits rather than investing in the future. If firms choose to save rather than invest their retained profits, a decrease in the corporation tax wouldn’t improve competitiveness. Another measure to improve competitiveness is to increase government spending on education and training. If the government can improve the quality of teaching in schools and universities and encourage more people to go to university, then this should lead to increase in productivity of the workforce in the future. Greater productivity will lead to greater efficiency in firms which will in turn lead to lower average costs of production. This may improve the price competitiveness of UK goods and services. In addition it would improve the non price competitiveness since a more educated workforce is likely to be able to be more creative and innovative. Greater innovation should lead to better quality products and the creation of patents, copyrights, brands etc. However, increased spending on education and training by the government does not always lead to increased global competitiveness. It will depend greatly on exactly how the money is spent. For example expenditure for improving school buildings or Ofsted inspections may not necessarily improve the effectiveness of the teachers and the quality of education. On the other hand spending on training teachers and advancing their professional development, might be a more effective means of improving educational standards in the future and increasing productivity. However even in this case the effects are not likely materialise until the longer term. Another way in which the government can improve the non price competitiveness and price competitiveness in international markets is to encourage innovation and research. Tax allowances have been made available to businesses spending on innovation and research. However, there has also been a variety of programmes which enable some businesses to gain grants for research and development R D and to set up knowledge transfer networks and universities. Such measures are likely to be more successful than tax cats since firms are given incentives to research and development through receiving tax concessions and from making connection to universities where they have the opportunity to learn about the latest scientific and technological advancements. On the other hand businesses, are able to introduce a variety of measures to improve the competitiveness of the goods and services. These include increasing the level of investment on new technology, on staff training, on ICT, etc . One way by which businesses might improve the competitiveness of their goods or services is by increasing the spending on R D. By increasing the spending on R D, businesses will most probably benefit from product and process innovation. If a business manages to create a unique and different product than the rest products in the market, it would be able to compete much more easily since consumers will prefer to buy the most innovated and technological updated products. For example Steve Job’s firm, Apple spent $758 million on RD during the first fiscal quarter of 2012. If we take Apple as an example which is one of the most profitable companies, we clearly see that it has benefited from the heavy spending on R D. It has come up with products such as the iPhone where the sales reached the number of 98,144,000 in the first three quadrants of 2012. However, some businesses prefer not to spend on R D because they do not think about the longer term. Also there are other firms that fail to spend on R D. For example the procedure of R D may result in no innovative products or procedures that will improve competitiveness and therefore. Another way, by which businesses might improve competitiveness, is by improving productivity. Productivity is the output per worker. There are different ways by which productivity can be improved. For example if the firms increase the wages, workers might be motivated to work harder. Also, training can improve the knowledge and skills of staff. Improved recruitment and selection may have the same effect which will increase productivity in the short term. If the business increases spending on training, workers will be more educated and informed about their job. This will increase the productivity since they will be able to produce more output at the same working hours and wages. If the productivity is increased, it means that more output will be produced at relatively the same costs. This will allow the firm to get bigger in size, lower the running and operational costs, increase income and gain a greater share of the market. This will increase both price and non-price competitiveness. However productivity doesn’t always improve competitiveness. For example if training isn’t done effectively, and workers do not give attention or really care about the job, then they won’t improve their knowledge and skills, training will not improve productivity, and therefore productivity will not improve competitiveness. In addition, productivity might not improve competitiveness because in the case of increasing the wages in relation of the output the worker producers, there are workers that wouldn’t be motivated by an increase in their salary and therefore will not produce a greater output. Productivity can be used as a measure to improve competitiveness only if it is used correctly and it can increase both price and non-price competitiveness. It can improve price competitiveness by allowing the businesses to set lower prices and improve non-price competitiveness by expanding as a firm and increasing its popularity.

Housing Statistics Essay Example for Free

Housing Statistics Essay The regression line is also known as the best fit line for the given data. The data points may not form a straight line. The line that best fits or best describes the relationship of the given dependent and independent variables is the line that would have the minimum perpendicular distance from the given data points. This line is used to analyze the relationship of the different variables given. It can also be used to predict or estimate other data points. In this paper, the regression line of the given data will be computed using a given tool from a certain website. The data will be analyzed to help in the decision making of the owner of the construction business. With the information given above, there is no question that the number of housing starts increases as the interest rate goes down. With the predictions of financial experts that mortgage rates will continue to dip in the next coming years, the housing construction business should be prepared in the possible increase in demands. Being the owner of a housing construction business, effective project planning should be in place. The employees should be prepared with the possible increase in the demand of housing construction projects as the interest rates continue to go down. A plan should be in place covering how to approach the possible increase in demands. Risks and uncertainties should also be identified as early as possible and there should be a detailed work breakdown structure to get ready for the coming projects. The plan should also encompass all aspects of the construction business from the materials procurement, subcontractors to employees who will be working on the projects. It should also include plans for the next coming years as the trend will probably continue as forecasted by financial experts. The data given should be used to forecast demands as accurate as possible. Using the data in the forecast, accurate measures can be implemented in terms of working with subcontractors and where to source materials. Decisions to be made with regard to projects will depend a lot on the data being forecasted by experts. Reference Ramat-Gan. (2003, June 30). Interest Rate Plunge Will Continue. Lecture Notes. Waner, S. Costenoble, S. (1999). Simple Regression. Retrieved August 2, 2006 from http://people. hofstra. edu/faculty/Stefan_Waner/newgraph/regressionframes. html