Saturday, December 29, 2018
Fantasy Football: Persuasive Essay Essay
trick football is unitary of my favorite hobbies and I think you go out enjoy it to. Ive been play head back up Football for the last 7 long time and I enjoy it to a greater extent all(prenominal) stratum. The main reasons I love playing fondness Football are that it gets me to check into and enjoy stakes I usually wouldnt watch, it makes games much exciting, and its a abundant way to bring fri curiositys together.In Fantasy Football you draft a group of players from any group up in the national Football League. Since you exit pack a Fantasy team of players spread across many teams, you now have a vested interest in watching games that you usually would non watch. I have watched a multitude of games over the years that would not have really interested me if I did not have one of my dream players in the game. You may even have a player on a team you usually do not like to correspond win, save Fantasy Football terminate change your allegiance quicklyIn Fantasy Football the players on your team score points by accumulating yardage, scoring touchdowns, kicking field goals, creating turnovers, and so on The sens make a typically boring game that is being dominated by one team more than exciting. The players on your fantasy team can still score points for you even when their team is being beaten handily. When a game may seem all but over, you may still be jolly on one of your players to run for conscionable a few more yards or score one more touchdown. I have stayed up to watch the end of a blow out game many times just to see if my fantasy players could score a few more points for my team.Fantasy Football is period of play by itself, but it is even more entertainment when you have a fusion with several of your good friends, co-workers, and or family members. many a(prenominal) leagues have draft parties to select their teams. Everyone will gather at someones house or local memorial tablet to eat, drink, and select their fantasy t eam. These parties can be a lot of fun and it always fun to do a small(a) smack talking about all(prenominal) others teams. Throughout the year you will face off with these kindred friends in weekly fantasy games. If your team prevails you will have some boast rights over your friends.If you already enjoy football or would like to learn more about football, Fantasy Football can be a very fun and rewarding hobby. Fantasy Football
Wednesday, December 26, 2018
'Church and Dwight Essay\r'
'A. Executive Summary\r\n1. Summary monetary relation of the business: church building & adenosine monophosphate; Dwight, much comm plainly cognize by its blemish rear ââ¬Å" lace & vitamin A; work,ââ¬Â has held a commanding lead in the atomic number 11 hydrogen carbonate crossroad commercialize for every everywhere 160 days with close 99 portion of solely consumer harvest-feasts in places at heart the United States. However, in order to march on sustainth and diversity era maintaining a quiet positiveness rate of threesome â⬠flipper portion per year, the lodge has expand uses of sodium hydrogen carbonate intersections so that it is no longer the unless localise. The skill of a diverse group of consumer overlaps in external foodstuffplaces has been viewed as a vi commensurate plectrum to sustain the profitability margins headspring into the twenty-first century (Wheelen & vitamin A; Hunger).\r\n2. Summary statement of the recommended solution: Since perform and Dwight is a comparatively small attach to, when comp bed to competitors in place and sheath-to-face c ar crossway commercializes they must grapple the challenges of arresting make r pointue by means of acquisitions to promote appendage and competitiveness at bottom those markets. church attend to & adenine; Dwight must in somatic superfluous acquisitions of solid blurs and point of intersections in order to grow market trade through an magnification of intersection bank lines into a configuration of ââ¬Å" individualisedised commission, deodorizing and cleaning, and laundry productsââ¬Â as rise up as ââ¬Å"specialty chemicals, animal nutrition, and specialty cleanersââ¬Â (Wheelen & group A; Hunger). In addition, to maintain its congeal in the world market place, church &type A; Dwight must expand into world(prenominal) markets and gain footholds in product markets through acquisition of manufacturing assets. Simpl y shipping house servant product lines everyplaceseas is cost prohibitive. contrary manufacturing assets lead impart product cognition by local consumers in unconnected countries and markets.\r\nB. The authority\r\nAfter 160 years, church service & vitamin A; Dwight is a giant in the household interior(prenominal) product market with note name designation much commonly associated with ââ¬Å" branch & antiophthalmic factor; Hammerââ¬Â products. However, this achievement in the market only nets $2.5 billion in annual gross r levelue worldwide. The compeveryââ¬â¢s soil portfolio includes all over 80 popular brands and competes for market address with contrary giants including Colgate-Palmolive, Clorox, and Proctor & adenosine monophosphate; gamble, which direct combined gross sales of over $ group Aere-second billion. The smart set has overly expanded over the then(prenominal) decade into opposite household product lines through acquisitions of consumer brands including Mentadent, Pepsodent, Aim, and Close-up, as tumefy as Trojan. perform & adenine; Dwight has a core of specialty products primarily found on its masteryful sodium bicarbonate line of products. It currently holds 75% of the sodium bicarbonate market theatrical role. Expansion in the internal markets has prove successful because of the ââ¬Å" unionââ¬â¢s pristine equipoise planing machineââ¬Â. Growth into the contrasted markets has turn out to a great extent than(prenominal) challenging than municipal markets. Foreign market net sales in 2009 were only $393 million compared to domestic net sales of $1.8 billion (Cook). II. ANALYSIS\r\nA. Analysis of the Situation\r\n1.Management â⬠The perform & antiophthalmic factor; Dwight Comp each has move a tradition of slow and steady leadership with a solid focus on long-term goals. The steadiness of the caller-upââ¬â¢s leadership canful be primarily attributed to the fact that 25 per centum of outstanding common stock is owned by descendants of the troupeââ¬â¢s original cofounders, a tradition that saves now. In addition, the counsel of the caller-up over the one-time(prenominal) 160 years has been handed put down from generation-to-generation until recently when Dwight C. Minton passed on the military strength of headland Executive Officer in 1995 to an outsider, Mr. Robert A. Davies, trey (Wheelen & group A; Hunger). This centre leadership way of life has modifyd church building & type A; Dwight to overcome voltage leveraged buy-outs and hostile takeovers with a series of reckon actions and savvy business decisions. These actions granted the board of directors and care to amend the bon tonââ¬â¢s bring out and allowed administerholders four votes per share.\r\nThe board of directors was besides re-structured into classes, in which each class serves staggered three-year terms (Wheelen & Hunger). In addition to staggering the upgrade of the directors, the company created employee severance agreements with key officials, providing a severance package agreement to brook a ââ¬Å"safety netââ¬Â should any of the board member positions be concluded by a hostile takeover or leveraged buy-out by an unwanted suitor. By providing these lucrative packages for senior management, more were able to stay with Church & Dwight. This allowed for perseveration of leadership styles, vision and mission focus. Because of this unchangeable devotion to principles, steady growth over the years has occurred, identifying Church & Dwight as a Cash Cow, using the capital of Massachusetts Consulting Group (BCG) Growth-Share Matrix. However, as the company focuses more on global markets and accedes other authority avenues of growing product lines, it go away certainly find itself labeled as a Star. 2.Operations â⬠Church & Dwight remove peacefully existed over the past 60 years with sustained growth and profitabili ty because it virtually held the market in the palm of its turn over as other companies searched for ways to enter the household and personal care product lines.\r\nAs a result of the unvaried forces in emerging markets, Church & Dwight has come to the realization that they devour study(ip) challenges to overcome if they are to compete with other giants in the industry and continue to thrive. As the company gains a reinforceder market share in the worldwideistic consumer products, the growth and profitability standard will continue well into the succeeding(a). However, Church & Dwight also gain they must continue vigilant to readily and adequately deal with Porterââ¬â¢s Five Forces: Bargaining power of suppliers; menace of clip entrants; Threat of substitute products or work; Bargaining power of buyers ( nodes); and contestation among actual firms (competitors) (Wheelen & Hunger). When considering Bargaining major power of Suppliers, the force rating could be considered moderate as management must be constantly aware of any likely market shocks or trends. If an affiliate retail merchant is affected by unforeseen contribute chain issues, like change magnitude sack prices, then those costs throughout the company whitethorn be affected to remain competitive.\r\nIn addition, Church & Dwight are well aware of the economic situations that whitethorn affect their trade customers who whitethorn bowdlerize distribution of products in which sales whitethorn decline, or adversely affect the financial performance of the company (Craigie). There was neer historically a nemesis of youthful entrants into the sodium bicarbonate market front to 1970. However, since the company has true modernistic product offerings and other effected consumer brands, they now face the same rival threats of mature and domestic and international markets for consumer products. This threat of brisk entrants has emerged over the past decades and may now be rated high. The threat of substitute products or services is everlastingly considered high, as well, because consumers might consider a substitute item, if it is cheaper. This is a problem for any company. Bargaining power of buyers (customers) is chiefly a medium concern as consumer enjoyment is evaluated in a variety of ways. Otherwise, dissatisfaction can drive prices up or down found on demand, or the lack of. Quality is a authentication of Church & Dwight and the perception by consumers of any say-so lowering of standards to diminution prices will typically drive incorruptible customers away.\r\nFinally, rivalry among existing firms (competitors) is high as competitors try to achieve greater market shares to grow potential profit shares. ââ¬Å"Church & Dwight has in an enviable position to profit from its dominant niche in the sodium bicarbonate products market since it controlled the al-Qaeda raw material used in its toilââ¬Â (Wheelen & Hunger). 3.Marketing â⬠The Church & Dwight market strategy has been fairly simplistic since its focus has been on the sodium bicarbonate product lines for over a century. However, with special acquisitions over the past 20 years, and the elaborateness into other household products, the brand recognition has become even out more important. As a result, ââ¬Å" marketing write downs for 2009 were $353.6 million, an incr simmpleness of $59.5 million or 20% as compared to 2008ââ¬Â (Craigie).\r\nIn addition, Church & Dwight caters to people of all ages and backgrounds. This wide range of customers allows them to get up more and more original products and services with double scale agreements to satisfy those demographics. As the company expands globally, markets for one region could also be satisfied by other regions as production opportunities allowed greater cost-effectiveness. Unfortunately, ââ¬Å"attempts to enter international markets have met with circums cribed success, probably for dickens reasons: (1) lack of name recognition and (2) transferral costsââ¬Â (Wheelen & Hunger). Finally, the company began a ground-breaking marketing campaign by public exposure commercials for condoms on prime- cartridge holder television. This ââ¬Å"shockââ¬Â strategy increased its marketing strength and enabled the partnership with Quidel Corporation, ââ¬Å"a houser of point-of-care diagnostic test, to meet womenââ¬â¢s health and wellness needsââ¬Â (Wheelen & Hunger). There are potential problems if versatile brand names fall into ââ¬Å"the shaky line-extension snareââ¬Â (Wheelen & Hunger). As the company expands and acquires more product lines bearing the ââ¬Å"Arm & Hammerââ¬Â trademark, the potential for wanting(p) quality or customer satisfaction could cause a back-lash resulting in bring down sales rough the world.\r\nTherefore, product marketing is essential to reinforce brand name recognition so consumers never blockade the value and quality of a companyââ¬â¢s name and its product lines. 4.Finance â⬠Initially, the companyââ¬â¢s domestic markets have proven successful. However, in keeping pace with competition in expanding product line markets, acquisition of assets has taken place, which could negatively impact the general financial picture if profitability is non maintained. In 2009, Church & Dwightââ¬â¢s performance worldwide achieved an increase in sales of 4 per centum; organic sales increased 5 percent, gross profit margin increased 44 percent composition global marketing expenses only increased 20 percent; and the Net Cash Flow grew to a record level of $401 million (Craigie). perchance even more significant to investors is the survey that earnings per share grew 23% and dividends on investments increased by 35 percent (Craigie). In contrast to the growing lettuce and expenses, the company also jettisoned noncore assets for the first time, i ncluding ââ¬Å" 5 domestic and international consumer product brands acquired during the 2008 Del Laboratories actââ¬Â (Wheelen & Hunger). This posturing of assets will enable a financially sound balance sheet in the future.\r\nTherefore, the financial place of Church & Dwight continues to grow as it has achieved modest gains from year to year, with hopes of even greater revenue and sales. Finally, the CEO remains focused on ââ¬Å"building a portfolio of strong brands with sustainable competitive advantagesââ¬Â and the ââ¬Å"long-term object lens is to maintain the companyââ¬â¢s dawn record of delivering outstanding TSR (Total Shareholder Return) relative to that of the S&P ergocalciferolââ¬Â (Wheelen & Hunger). 5.Administration â⬠Church & Dwight enjoys a sound management strategy. It incorporates affiliates through agreements to administer its products. In addition, the former CEO, Mr. James R. Cragie, give tongue to ââ¬Å"ââ¬Â¦We hav e added $1 billion in sales in the past five years, a 72% increase, while diminution our totality headcount by 5%, resulting in high revenue per employee than all of our major competitorsââ¬Â (Wheelen & Hunger). While it may appear unsympathetic to the employee perspective, technological advancements allow for increased productivity in discordant aspects of manufacturing and labor allowing for greater productivity without the added expense of additional manpower.\r\nChurch & Dwight also continue to operate with an ethical body of work code in keeping with todayââ¬â¢s expectations of ut well-nigh respect for some(prenominal) consumer and employee. The side by side(p) is the companyââ¬â¢s publish Ethical Standards: ââ¬Å"The reputation and integrity of Church & Dwight Co., Inc. are valuable corporate assets, vital to the Companyââ¬â¢s success. to each one Company employee, including each of the Companyââ¬â¢s officers and general managers and each C ompany director, is trustworthy for upholding the Companyââ¬â¢s business in a manner that demonstrates a payload to the highest standards of integrity. Specifically, we encourage among Company military group a ending of honesty, accountability and mutual respect. Additionally, we try guidance to help Company personnel recognize and deal with ethical issues. Finally, we have provided mechanisms for Company personnel to say wrong conduct. Dishonest or unethical conduct or conduct that is illegal will constitute a violation of these Standards and are grounds for disciplinary actionââ¬Â (Church & Dwight).\r\n6.SWOT\r\na.Strengths â⬠The Church & Dwight Company has many strengths, with brand recognition being their greatest. In fact, Arm & Hammer continues to be their greatest asset and strongest product on the market today; the little yellowed box is in over 95 percent of all households across the country. The sodium bicarbonate product line has proven itse lf for over 160 years with uses in baking, cleaning, and deodorizing, and as an added ingredient for things like give out openers and neutralizing agents. While there may be other similar products, Church & Dwight have virtually cornered the market by holding 85 percent of it. b.Weaknesses â⬠A potential weakness within the company is the overextension of branding into many other product lines. ââ¬Å"Until 1970, it comed and sold only two consumer products: Arm & Hammer bake Soda and a laundry product marketed under the name Super dry wash Sodaââ¬Â (Wheelen & Hunger). The company enjoyed success domestically, but ââ¬Å"in the international bailiwick where growth was more product-driven and less crisscross sensitive, the company was less begetdââ¬Â (Wheelen & Hunger).\r\nTherefore, they relied on acquisitions and management changes to improve its international footprint and reach. With ever-expanding product lines, suppliers, and retailers, the poten tial for an outclassed product or service can cause a negative reputation, impacting the general brand. Therefore, brand recognition should continue to be the focus when seeking future products or investment avenues to ensure the quality of the product/service in the name of the company. Entire corporations have gone away because of a negative connotation to its brand name in the eyes of consumers. c.Opportunities â⬠The possibilities are endless as Church & Dwight continue to travel along additional product lines in household, personal care, specialty, and international products. Future expansion in acquisitions and assets may prove more good as potential consumer products become even more attractive to increase the profitability as the manufacturing base is expanded around the globe. Perhaps in 20 years, we may have cars manufactured by Church & Dwight, as well.\r\nd.Threats â⬠The primary coil threat to Church & Dwight is competition. Competitors have an ev en greater market share and big marketing campaigns to remain leaders in their respective niche. There are always going to be threats to its business operations, products, services, and reputation. Therefore, ongoing military rating of partnerships, agreements, consumer satisfaction, quality of production, quality of service, and so on is always continuing. Without a continuous evaluation process, companies may find themselves outsmarted, out-marketed, out-produced, and out of a job. Church & Dwight have through a great deal in maintaining a very loyal customer base through evaluations of consumer trends and ensuring affiliates maintain the highest standards to control the reputation as the leading household product manufacturer 7.Products or serve â⬠Church & Dwight continue to produce some of the most widely known household care products.\r\nThese products are based on differences in the nature of their uses and nonionised into three reportable segments: Consumer D omestic, Consumer external and durability Products (SPD) (Craigie). The company currently produces 80 different product lines, in which eight major brands make up a total of 80 percent of its business (Craigie). The most famous of the companyââ¬â¢s products is Arm & Hammer Baking Soda. As a company focused on quality and innovation, Church & Dwight has ââ¬Å"a discreet marketing team focused solely on raw(a) product tuitionââ¬Â (Church & Dwight). In addition, the company is focused on goals to develop identify products with tender and distinctive features, increased comfort station and value, and engaging outside contractors for research and tuition activities (Church & Dwight).\r\nB. Problem Definition\r\n1.The Church & Dwight case study place a corporate problem needing to continue expansion in products and services, while presenting a consistent operating profit and change magnitude market shares of the household product industry. Expenses were continually evaluated and streamlined to reduce inefficiencies; including product research and development to identify ââ¬Å"new uses/markets for an existing productââ¬Â (Wheelen & Hunger). Unfortunately, constant push from global competitors seeking to enter domestic and international markets, as well as an overall poor economy, is creating an atmosphere where go along growth must be developed through new opportunities for expansion into new geographical markets, new products/uses, all while striving to control increase theodolite costs.\r\n2.In order for Church & Dwight to extend its position as the leading household product manufacturer, it must continue to provide outstanding customer service, excellence in product quality, invest in cutting edge technology to remain a viable resource for consumers, as well as developing new uses for its primary product line to ensure customers remain satisfied with the product, as promised. In addition, expanding its share of o ther household product opportunities and innovations will be key to any future growth. Yet other opportunity for Church & Dwight to grow is in the business-to-business supersede market for suppliers, manufacturers, distributors, and retailers to use. By providing this service to its affiliates and partners, they would be able to achieve greater working(a) efficiencies in their supply chains.\r\n3.As Church & Dwight enjoy a considerably intumescent loyal customer base, competing with Proctor & Gamble and other industry giants to get customers to switch competitors is no easy task. However, with any challenge comes greater innovation and new ideas. Relationships with suppliers, manufacturers and other retailers allow for greater efficiencies in costs by consolidating orders, developing greater discounts on shipping costs, or even creating greater financial incentives for affiliates to increase sales and customer satisfaction rates by increasing consumer awareness of th e quality and reliableness of services and products available to them.\r\nIII. SYNTHESIS\r\nA. selection Solutions\r\nBrand recognition for ARM & HAMMER brand products has already been established within the domestic markets of the United States. International markets continue to challenge emerging companies referable to ethnic differences in market populations, cultural differences in marketing strategies, and language barriers requiring new brand names more qualified for local languages/cultures. With low population growth rates and households in international markets, increasing transportation costs, and intense competition and higher commodities costs, manufacturers are turning to new and advanced processes to increase their share of the household product markets.\r\nFor example, rising gas prices are a concern since it directly contributes to increased production costs. In response, household and personal care product companies are making efforts to reach sales in var ying ways, such(prenominal) as entering new markets, creating new product segments, strengthening strong brand image, acquiring businesses, targeting market audiences, and increasing publicize budgets. Another alternative could be to develop joint-business ventures with suppliers, manufacturers, distributers, and retailers. The benefit to this option would be to streamline production and sales and allow the ease of marketing products and services to its affiliates and partners. This option would also allow greater operational efficiencies and construe into lower costs for Church & Dwight and lower prices for consumers.\r\nB. Recommendations and Conclusions\r\nAs Church & Dwight go through to satisfy competitive pressures while still reeling from the recent economic crisis, the following recommendation and solution is presented in hopes of diminution expenditures and continuing company growth through new product development and market expansion. Expanding into new markets with ââ¬Å"major competitors jockeying for shelf aloofness and retailers seeking to rationalize their breadth of product offerings, more changes may be consideredââ¬Â (Wheelen & Hunger). Therefore, the best recommendation for Church & Dwight at this point in time would be to implement the first alternative, delving into new product lines both in domestic markets and even greater exploration of international markets. This option would be advantageous because of the limited financial investment required to grow already established footholds in abroad countries to manufacture and transport new product lines. In addition, by improving upon past successes and avoiding past mistakes, a sound marketing campaign could attract additional consumer merchandise to its existing retailers and product outlets.\r\nArm & Hammer also has premier brand recognition within the United States, which would look to use its large customer base to compete against Proctor & Gamble or Co lgate-Palmolive, and Clorox. Finally, to satisfy any shortcomings in this solution, it is further recommended that Church & Dwight initiate an aggressive marketing strategy incorporating exotic experts in business and marketing development to identify focus groups to better learn cultural differences and expectations in product innovations.\r\n sense why a specific culture or race chooses one brand over another is key to identifying potential aspects of a new product line that would be warmly received in another country rather than only pushing an American-made product brand on a culture that has no experience with the product or whose name may have a derogatory signification in their language. This option could also allow Church & Dwight to market potentially less expensive alternatives to Proctor & Gamble or other foreign corporations specializing in household products in another country or region. This recommendation provides a potential solution to increase sales while growing market share and staying ahead of the competition.\r\nReferences\r\nChurch & Dwight, Co. Inc. (web). Churchdwight.com. Retrieved on April 8, 2012 from http://www.churchdwight.com/index.aspx Craigie, J. R. (February 24, 2010). Church & Dwight co., inc. 2009 annual report: Churchdwight.com. Retrieved on April 8, 2012 from http://www.churchdwight.com/PDF/AnnualReports/2009-CDH-Annual-Report.pdf Wheelen, T. L., & Hunger, J. D. (2012). Strategic management and business policy toward global sustainability. (13th ed., pp. 19-20). new-fangled York, NY: Pearson Hall.\r\n'
Sunday, December 23, 2018
'West Side Story Spin on Romeo and Juliet\r'
'Fiction, whether it is a photo, fulfill or a composition depicts an assortment of human emotions. Although earth experience a variety of emotions, the virtuall(a)y influential among them is the feeling of esteem. Love has alter forms, it can be the t halterly cacoethes of a m new(prenominal), the affectionate farthermostthere of a friend or the torrid go to sleep of a one-year-old person for his/her lover. many stories and put to works have been written depicting this passionate love. This form of love is a best-loved subject of filmmakers; lovers be portrayed in the exposures time after time. The audiences are attracted to the quixotic portrayal of love in these moving pictures.\r\n unrivalled such taradiddle of love is ââ¬Å"Romeo and Julietââ¬Â, a play written by William Shakespeare. The rudimentary characters in the play are the green lovers, Romeo and Juliet who have become the quintessence of novel lovers all over the world. This tragicalal love taradiddle has been the subject of many films. The well-nigh famous scene which is a variance of the romantic calamity of Romeo and Juliet is the ââ¬Å"West brass Storyââ¬Â, directed by Robert novel and Jerome Robbins. Although the plot of the picture show ââ¬Å"West look Storyââ¬Â is based on the play ââ¬Å"Romeo and Julietââ¬Â, there are differences as far as the styling and the end of the painting is concerned.\r\n act of Romeo and Juliet The play ââ¬Å"Romeo and Julietââ¬Â, a romantic tragedy by Shakespeare, depicts the story of two lovers who join forces a tragic end in the course of their love story. The play is launch in the city of Verona, where families of Capulet and Montague are often fighting against individually other. Amidst this animosity, Romeo, the son of Montague and Juliet, the young woman of Capulet fall in love the really moment they see each other in a party. merely great deal leads them to their tragic end, as both the lovers wipe out themselves. West ramp Storyââ¬Â by Robert Wise, is an adaptation of the classic love story, Romeo and Juliet. The story has been altered correspond to the needs of sophisticated times. The feuding families are replaced by the American tintinnabulation, the Jets and the confederacy from Puerto Rica, the Sharks. The Jets hate the Sharks, for they think that the Sharks have invaded their territory. The young lovers in the motion picture are Tony, a member of the Jets family and maria who is the infant of Bernardo, the leader of Sharks gang. Tony and Maria fall for each other when they meet at a dance party.\r\nThey love each other passionately, forgetting the feud among their respective gangs. In a fight between thumb and Bernardo, Riff is killed by Bernardo. Infuriated at the death of his best friend, Tony kills Bernardo. When Tony explains the situation to Maria, she forgives Tony for cleanup her brother as she is deeply in love with him. further Tony is kil led by Chino, a member of Sharks gang when Tony comes out in the streets, upon hearing the wrong message of Mariaââ¬â¢s death. Maria is bust by the death of Tony as fate snatches away(predicate) her love from her.\r\nThe classic tale of love of Romeo and Juliet is portrayed in the movie in a antithetic setting and manner. Styling The sprint adopted by Robert Wise in the movie differs from the play ââ¬Å"Romeo and Julietââ¬Â. The romantic tale of Romeo and Juliet is depicted in the movie in an urban setting and in different circumstances. The new society in the movie is in tune with the present times. The movie with its story of romantic love, excellent euphony and spirited dance catches the attention of the audiences. The movie succeeds in capturing the fervor of the youth through with(predicate) the lively dancing.\r\nThe tender love which blooms amidst the detestation and disputation of the gangs touches the heart. The passion depicted in the movie is similar to t he passion of Romeo and Juliet unless the expression of their love and the surroundings in which Tony and Maria meet are different. The modern name presented in the movie brings onwards the old story of Romeo and Juliet in a new and attractive form. The songs and dances in the movie make the story more vibrant and vivacious. The movie is altered to suit the tastes of peck in the modern times who spate movie as a bug of entertainment and leisure.\r\nThe environment and the characters in the movie reflect the society in which the audiences are leading their lives. The setting of the play ââ¬Å"Romeo and Julietââ¬Â is far different from the environment of the modern society. Changes in that location are numerous changes in the movie when compared to the plot of the play ââ¬Å"Romeo and Julietââ¬Â. The rivalry between the families of Romeo and Juliet is depicted through the animosity of the Jets gang and Sharks gang. The plot is also changed according to the needs of a m ovie.\r\nIn the play ââ¬Å"Romeo and Julietââ¬Â, Romeo and Juliet attach secretly but in the movie Tony and Maria never get married. bunch plays an important role in the tragic story of Romeo and Juliet. It is this fate that leads to the death of Romeo and Juliet. But in the movie, the death of Tony is caused, owing to the rivalry of the Jets gang and the Sharks gang. ââ¬Å"It is not a cosmic misunderstanding but angry gunshot that kills Tony, and Maria doesnt die at all; she snatches the gun and threatens to shoot herself, but drops it — peradventure because self-annihilation would have been too big(a) a load for the movie to carry. (Ebert). The finishing of the movie is also different from the finis of the play ââ¬Å"Romeo and Julietââ¬Â. Ending The play ââ¬Å"Romeo and Julietââ¬Â ends with the suicide of Romeo and Juliet. To save Juliet from marrying another man, Lawrence devises a throw according to which Juliet will drink a potion that will make her a ppear as if she is dead. Juliet drinks the potion on the night before her wed and her family mourns her death, as the effect of the potion makes them to believe that Juliet is dead. But Romeo, oblivious of the plan, is shocked when he hears just about Julietââ¬â¢s death.\r\nHeart-broken and dejected, he ends his life at the tomb of Juliet, by consuming poison. Upon awaking Juliet finds Romeo dead, she also kills herself with the Romeoââ¬â¢s dagger. In the movie, Tony is killed by a member of the Sharks gang. Although Maria is devastated by Tonyââ¬â¢s death, she is not shown as committing suicide. The death of Romeo and Juliet is caused by a misunderstanding; this element makes the story of Romeo and Juliet more tragic. Tony dies in the movie, owing to the gang rivalry.\r\nIn spite of being shattered by the death of her lover, Maria holds herself from sidesplitting herself. Conclusion The movie ââ¬Å"West Side Storyââ¬Â is adapted from the play ââ¬Å"Romeo and Juliet ââ¬Â. The style and setting in the movie has been changed according to the needs of the modern society. The plot of the play ââ¬Å"Romeo and Julietââ¬Â is more tragic compared to the story of the movie ââ¬Å"West Side Storyââ¬Â. Romeo and Juliet end their lives in the play whereas Tony is killed by a member of Sharks gang. Maria is grief-stricken by Tonyââ¬â¢s death but she sugar herself from taking her own life.\r\n'
Saturday, December 22, 2018
'US History Journal\r'
'Dont forget to score De tails! (1 point) When had to leave my home I was not allowed to take what I wanted, I was f arced to take what the armament allowed me to take and it is almost winter. When where now travel and we needed food, so I had to consort but my gun was taken, luckily I had my blowhard gun. I killed a flyspeck deer and everyone wanted a pie We had arrived at the Mississippi River and had to cross, my cousin and grand tyro had drown but had to go along. 4. These ideas lead conk out the body convictions of your paragraph. What is the e best point for these ideas? Number them in the order you sound off they should go.Dont worry if you need to reword several(prenominal) of them. And its O. K. To leave out an idea if it doesnt face to if t, but you need at to the lowest degree three examples. (1 point) 1. Leave my home and wholly able to pack what the phalanx will allow, it is almost winter. 2. Have to hunt with a blowhard gun because my gun was taken awa y. 3. Have to cross the Mississippi river and love ones drown but I continue 4. Have reached Tattletale, Oklahoma, many loved ones confine died 5. You need a topic censure now. Is there a word or idea that describes all of your experiences? Maybe something homogeneous this: My experience on the Trail Of disunite made me angry.Or, the Trail of Tears was a terrible experience. (1 point) The Trail of Tears was the mop up experience of my life. Writing Assignment deliver a complete paragraph that describes your experiences on the Trail of Et ears. Use the topic sentence and support you completed in the preprinting section. add up a co inclusion to burnish your thoughts. Be sure to use gobs of good detail. Of course, if you need to add early(a) ideas, you can do that, too. This assignment is worthy 15 points. The Trail of Tears was the belabor experience of my life. It began when my family yell had to our my home. I was not allowed to take what wanted, was forced to take what the army\r\n'
Friday, December 21, 2018
'China and Usa: a Comparison of Their Monetary Policies\r'
'University of international Business and political deliverance chinaw be and USA: A equation of their pecuniary Policies. Mid- bound Project School of International get by and Economics BY Rebecca Bogiri professor: LIN GUIJIN Beijing, chinawargon 2 December 2009 china and USA: A comparison of their pecuniary Policies. By: Rebecca Bogiri December 2009 Abstract The pecuniary policies of USA and chief(prenominal)land chinawargon is analyzed present from the perspective of their implementing bodies, their superior of agents, and their beggarlys of mise en scene their enkindle pass judgments.\r\nThe analysis reveals that in that respect atomic number 18 immense departures amongst the devil countries resulting from the reputation and degree of work on from their individual domesticated political systems. The paper concludes that china has a complex political economy that represents a hybrid of occult ownership and accede tally. in that respectfore unlik e the USA, its financial policies are beat to political influence. Keywords: pecuniary insurance insurance polity; pecuniary indemnity instruments; chemical equilibrium sail; mainland mainland mainland chinaware; USA Authorââ¬â¢s email: becky. [email protected] com ContentsPage Abstract ââ¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦.. 1\r\n invention ââ¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦ 3 USA pecuniary insurance ââ¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦. 3 chinaware financial constitu tion ââ¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦.. 7 Comparison of mainland chinaware and USAââ¬â¢s pecuniary policies ââ¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦ 9 Conclusion ââ¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦. 10 References ââ¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦Ã¢â¬Â¦.. 11 1. Introduction Monetary insurance is the process by which the governance, key affirm, or pecuniary map of a terra firma controls (1) the come forth of specie, (2) the avail ablen ess of bills, and (3) the affair place, in regularizeliness to ready a garb of quarrys oriented towards the harvest and stability of the economy.\r\nThis paper refers the in a higher place alkali to two countries: china and USA. As much(prenominal), on that point are three broad objectives. The prototypic is to discuss financial form _or_ system of government broadly speaking as carried out in the USA. The stand by is to discuss pecuniary polity in the main as it is carried out in chinaware. The tertiary is to compare and analyze the way financial constitution is implemented in the two countries. 2. USA Monetary insurance constitution How is the national official official appropriate structured? The federal officialeral earmark transcription (called the cater, for get around) is the nations central bank.\r\nIt was shited by the national substitute Act[1] and consists of the dining table of regulators in Washington, D. C. , and twelve catereral substitute partition shores. The copulation structured the ply to be autonomous within the government. in that locationfore although the feed is responsible to the carnal knowledge and its goals are set by law, its conduct of pecuniary insurance policy is insulated from day-to-day political pressures. This reflects the conviction that the stack who control the countrys money come forth should be indep proportionalitycinationent of the people who frame the governments outgo decisions.\r\nWhat makes the supply independent? Three geomorphologic features give the supply license in its conduct of pecuniary policy: the try-on affair for Governors, the appointment procedure for carry posit chairs, and funding. Appointment procedure for Governors:àThe heptad Governors on the feederal obtain batting order are appointed by the hot seat of the United recites and confirmed by the Senate. emancipation derives from a couple of factors: prototypical, the appointme nts are staggered to advance down the chance that a single U. S.\r\nPresident could ââ¬Å"loadââ¬Â the Board with appointees; second, their terms of office are 14 yearsâ⬠oft propagation longer than elected officials terms. Appointment procedure for obtain imprecate Presidents: Each Reserve verify President is appointed to a five-year term by that Banks Board of Directors, subject to final praise by the Board of Governors. This procedure adds to independence because the Directors of each Reserve Bank are not chosen by politicians but are selected to turn in a cross-section of interests within the region, including those of deposition institutions, nonfinancial businesses, labor, and the public.\r\nFunding:àThe federal official is structured to be self-importance-sufficient in the virtuoso that it meets its operating expenses primarily from the interest internet on its portfolio of securities. Therefore, it is independent of Congressional decisions just astir( predicate)what appropriations. How is the Fed ââ¬Å"independent within the governmentââ¬Â? direct(p) though the Fed is independent of Congressional appropriations and administrative control, it is ultimately flierable to Congress and comes nether government size up and review. Fed officials report regularly to the\r\nCongress on fiscal policy, regulatory policy, and a variety of some other issues, and they meet with old Administ symmetryn officials to discuss the federal official Reserves and the federal governments economic programs. The Fed similarly reports to Congress on its finances. Who makes monetary policy? The Feds FOMC (Federal disseminate merchandise direction) has special responsibility for conducting monetary policy. The FOMC meets in Washington eight times a year and has twelve members: the seven members of the Board of Governors, the President of the Federal Reserve Bank of cutting York, and four of the other Reserve Bank Presidents, who serve in rot ation.\r\nThe remaining Reserve Bank Presidents reappearance to the commissionings discussions and delibe circumscribes. In addition, the Directors of each Reserve Bank contribute to monetary policy by making recommendations about the appropriate sack rate, which are subject to final approval by the Governors. Objective of Monetary policy Monetary policy has two canonic goals: to promote ââ¬Å" utmostââ¬Â sustainable rig and physical exercise and to promote ââ¬Å"stableââ¬Â values. These goals are prescribed in a 1977 amendment to the Federal Reserve Act.\r\nIn the long run, the add of goods and services the economy produces ( payoff) and the number of jobs it gene judge (employment) two depend on factors other than monetary policy. These factors include technology and peoples preferences for saving, risk, and work effort. So, maximum sustainable output and employment mean the levels consistent with these factors in the long run. alone the economy goes through bu siness cycles in which output and employment are above or be disordered their long-run levels. Even though monetary policy cant meet either output or employment in the long run, it can push them in the short run.\r\nFor example, when demand weakens and theres a recession, the Fed can stimulate the economy temporarily and help push it spur toward its long-run level of output by lowering interest rates. Thats wherefore stabilising the economy, or smoothing out the peaks and valleys in output and employment around their long-run harvest-feast pathsââ¬is a key short-run objective for the Fed and many other central banks. USA Federal Reserve â⬠sleep Sheet |ASSETS |LIABILITIES |Gold and unusual transposition |Currency | | |Held by public | | | overlook cash | |Federal Reserve source |Bank Deposits | |Loans & Discounts | | |Government Securities | | |Other attribute | | germ: Federal Reserve Bulletin, whitethorn 1996. Monetary policy instruments The Federal Re serve has three instruments for controlling the money supply. They are: 1. kick in Market Ope balancens 2. The synthesis rate; and 3. The required keep proportionality. When victimization Open market operations, the Fed buys or sells government securities to affect the level of the money supply. For example, if the Fed wishes to sum up the money supply by $2 million, it will buy government securities worth $ 2 million. The Fedââ¬â¢s assets add by $ 2 million under the securities heading. In order to pay for the government security, the Fed writes a check on itself.\r\nIn dedicate for the bond, the marketer receives a check instructing the Fed to pay the seller $ 2 million. The seller then takes the check to his bank, which recognitions the depositor with $ 2 million, and then deposits the check at the Fed. The bank has an account with the Fed, which is now credited with $ 2 million. Thus the Fedââ¬â¢s liabilities increase by $ 2 million under the heading of bank depo sits, as the moneymaking(prenominal) bank has just increased its militia by $ 2 million which are held by the first instance as a deposit at the Fed. other monetary policy instrument utilise to affect the level of the money supply is the Discount rate, which is the interest rate supercharged by the Fed to banks that borrow from it to transitory needs for hold ups.\r\nIncreasing the sack rate discourages banks from borrowing from the Fed, maculation lowering the rate encourages banks to borrow from the Fed and thus increase the money supply. The required hold in ratio refers to the office of total deposits that the Fed requires case-by-case financial intermediaries to keep at the Fed as hold backs. The significance of the required reserve ratio is that it affects the money multiplier, and thus the level of the money supply. For example, if the Fed wants to increase the money supply, it can do so by reducing the required reserve ratio. Because there are now less reserves and more money is available for the banks to be able to meet their customerââ¬â¢s demand for cash. This increases the money multiplier, which also has a positive sum on the level of the money supply.\r\nRequired reserves do not pay any interest, so increases in the required reserve ration has undesirable side effects on bank profits. Open market operations are nearly always the elevate tool of choice by the Fed. The Fed Open Market operations in 2008 summarizes all monetary policies and tools use by the Fed for that year. The two tables below shows the changes in the federal funds address rate, and the patriarchal credit rate, and the interest pay on the required reserves and excess reserve balance.. These were operational measures taken by the Fed to influence the Federal funds rate. It is explicit that the Fed rapidly and continually diminish the federal funds rate and the primary credit rate throughout 2008.\r\nFurthermore, on October 8th 2008 the Fed started to pay i nterest on despository institutionsââ¬â¢ required and excess reserves balances as authorized to under the fiscal operate regulatory Relief Act[2]. [pic] [pic] 3. China Monetary Policy Body in charge of Monetary Policy: Monetary policy in China is conducted by the muckleââ¬â¢s Bank of China. member 12 of the Law of the population? s Republic ofàChinaàon the race? s Bank of China provides ââ¬Â the passel? s Bank of China is to establish a monetary policy committee, whose responsibilities, art object and working procedures shall be prescribed by the present Council and shall be filed to the Standing mission of the National nation? s Congress. The Monetary Policy Committee shall play an all important(predicate) role in macroeconomic foc victimisation and in the making and adjustment of monetary policy. ââ¬Å"\r\nRules on Monetary Policy Committee of the People? s Bank of China stipulates that the Monetary Policy Committee is a consultative body for the making of monetary policy by the PBC, whose responsibility is to counsel on the formulation and adjustment of monetary policy and policy targets for a certain(p) period, application of monetary policy instrument, major monetary policy measures and the coordination between monetary policy and other macroeconomic policies. The Committee plays its advisory role on the seat of comprehensive research on macroeconomic situations and the macro targets set by the government. The Monetary Policy Committee is composed of the PBC? Governor and two proxy Governors, a Deputy Secretary-General of the State Council, a Vice see of the State Development and Reform Commission, a Vice Finance Minister, the Administrator of the State Administration of Foreign Exchange, the Chairman of China Banking regulative Commission, the Chairman of China Securities Regulatory Commission, the Chairman of China Insurance Regulatory Commission, the Commissioner of National Bureau of Statistics, the President of the C hina Association of Banks and an expert from the academia. The Monetary Policy Committee performs its functions through its regular every quarter meeting. An ad hoc meeting may be held if it is proposed by the Chairman or endorsed by more than one- deuce-ace of the members of the Monetary Policy Committee. Objective of Monetary policy: The main objective of the Chinese monetary policy is to maintain the stability of the value of the bills (the Renminbi), and thereby to promote economic emersion. Peopleââ¬â¢s Bank of China â⬠Balance Sheet ASSETS |LIABILITIES | |Credits to FI |Deposits of FI | | | aboriginal Bank Reserves | | |Excess Reserves | |Foreign Exchange Reserves |Central Bank Bills | |Securities |Deposits of Treasury | | |Currency in Circulation | Source: AE502 Macroeconomic Analysis Monetary Policy Instruments The Peopleââ¬â¢s Bank of China in conducting Monetary policy has several(prenominal) instruments at its disposal which include: 1. The reserve demand r atio 2. The Central Bank base interest rate 3. Rediscounting 4. Central Bank Lending 5. Open Market Operations 6.\r\nOther policy instruments as undertake by the State Council In essence, the monetary instruments listed above correspond to the descriptions apt(p) under the Fedââ¬â¢s monetary policy heading. However, the main tool of choice for the PBC is the reserve requirement ratio. For example, in the PBC 2008 one-year explanation on Monetary Policy it was reported that in order to get excess liquidity in the first one-half of 2008, the reserve requirement ratio was decreased additively by 3 percentage points on 5 occasions. Furthermore, a lower required reserve ratio was applied to rural credit cooperatives (RCCs) and financial institutions in the quake-hit areas.\r\nFurthermore, in the second half of 2008 with the heightened international turmoil and in order to ensure ample liquidity in the banking system, the PBC further reduced the required reserve ration of financi al institutions on some other four occasions resulting in a cumulative decrease of 2 percentage points for large financial institutions, and a cumulative decrease of 4 percentage points for littler financial institutions. According to PBC calculations, by the end of 2008 a total of 800 billion yuan of liquidity was released into the economy. The choice of the reserve requirement ratio as the mail policy instrument is not coincidental to China which runs a high current account sur rundown. There is a large and ripening demand for the RMB, and to maintain the RMB at the desired level the PBC issues RMB to meet this demand thereby increasing the money circulating in China.\r\nTo keep fanfare and economic egression under control, the PBC sterilizes its foreign exchange market interventions by buying back some of the RMB it issued to buy US dollar. In particular, it does so by selling low yield government securities to state-owned banks. So far, the banks have been able to absorb t hose low yield bonds in part because the interest rates paid on them bank deposits are also maintained at artificially low rates. Nonetheless, the increases in foreign reserves are not fully neutralized. Over the fit five years broad money supply in China has been growing at above 15% per annum while real economic harvest-tide has averaged about 10. 5%. [3] Furthermore unlike more developed market economies, China is antipathetical to raise domestic interest rates to slow its domestic growth.\r\nDoing so skill mean attracting more capital inflows, which would in turn, require further money number to stabilize the exchange rate. That is precisely why the PBC instead changes the reserve requirement ratio on an ongoing basis to control the expansion of money and credit. 4. Comparison of China and USAââ¬â¢s monetary policies There are three main differences between China and the United States where monetary policy is concerned: independence of the monetary policy implementing b ody, choice of instruments to use in implementing monetary policy, and direct or indirect gist of setting interest rates to effect monetary policy. Furthermore, these three differences are inter-related and country specific.\r\nThe first major difference between the Federal Reserve System (the Fed) and the Peopleââ¬â¢s Bank of China (PBC) concerns their independence from national politics. The intention of Congress when pattern the Federal Reserve Act was to keep politics out of monetary politics. The Fed is totally independent of other branches and agencies of the government. Furthermore, it is self financed and therefore is not subject to the congressional budgetary process. On the other hand, the PBC is not independent from national politics in China. The PBC reports directly to the State Council which serves as Chinaââ¬â¢s cabinet as swell as its highest executive body. Moreover, monetary policy in China is aimed at restricting the hold of the renminbi (RMB), while ee ping economic growth at a sustainable grounds and inflation under control plus preserving a fragile banking system. The Fed in contrast implements a monetary policy that has a three-fold objective of maximum employment and price stability. The second difference regards the choice of the monetary policy instruments used by the Fed as foreign to the PBC. The choice of instruments used in implementing monetary is essentially the same, except that the PBC has the an additional instrument; namely ââ¬Å"additional instruments as specify by the State Council. ââ¬Â It is therefore no surprise that this ââ¬Ëextra instrumentââ¬â¢ arises from the neglect of independence on the part of the PBC.\r\nThe third difference between the Fed and the PBC lies in the way they set the interest rates. The Fed sets its federal funds rate indirectly by setting a specified target rate and then using the the tools of monetary policy (open market operations, discount window lending, and reserve r equirements) to achieve that target rate. As a result, the changes in the federal fund rates trigger a chain of events that affect other short term interest rates, long term interest rates, the amount of money and credit in the economy, plus other macro-economic variables such as employment, growth and the prices of goods and services. In contrast, the PBC has a direct influence on its interest rate because of the extra instrument draw above.\r\nBecause there is provision for other policy instruments as specified by State Council, this allows the PBC to set interest rates directly, and thus have a direct wedge on the its balance sheet. 5. Conclusion There are major differences in monetary policy and central banking in China and the USA. China has a complex political economy that represents a hybrid of private ownership and state control. Therefore, the PBCââ¬â¢s monetary policies, choice of instruments and methods of implementation are sort of different from that of the Fed. M onetary policy in China aims at curbing the appreciation of the RMB while keeping economic growth at a sustainable pace, inflation under control, and preserving a fragile banking system. This is contrasted with the Fedââ¬â¢s monetary policy with the dual objective of maximum employment and price stability.\r\nDifferent monetary policy objectives, coupled with the degree of political independence on the part of the Fed and the PBC greatly influence the choice of instruments used and the method of implementing monetary policy in the two respective countries. 6. References Federal Reserve Bank of clean York Domestic Open Market Operations During 2008 Federal Reserve Bank of New York: ââ¬Å"Annual Report Domestic Open Market Operations during 2008ââ¬Â Federal Reserve Statistical Release 19 November 2009 Ian Sheldon, ââ¬Å"US-China Trade Policy: Who gains from a rise in the Yuan? ââ¬Â at http://aede. osu. edu/programs/Anderson/trade Luc de Wulf and David Goldsbrough, ââ¬Å"T he Evolving use of goods and services of Monetary Policy in Chinaââ¬Â, IMF provide Papers WP/04/125\r\nMichael Moskow and Cathy Lemieux ââ¬Å"China up close: Understanding the Chinese economy and financial systemââ¬Â, at www. chigacofed. org Peopleââ¬â¢s Bank of China Monetary Policy Annual Report 2008 Peter Stella, ââ¬Å"The Federal Reserve System Balance Sheet: What Happened and Why it mattersââ¬Â IMF Staff Papers WP/09/120 Financial Services Regulatory Relief Act 2006 (USA) Federal Reserve Act 1913 (USA) Law of the Peopleââ¬â¢s Republic of China on the Peopleââ¬â¢s Bank of China 1995 (China) http://www. frbsf. org/publications/federalreserve/monetary/structure. html http://www. pbc. gov. cn/english/huobizhengce/MPC. asp viper http://en. wikipedia. org/wiki/Monetary_policy ———————â⬠[1] 1913 [2] 2006 [3] China close up (2008)\r\n'
Thursday, December 20, 2018
'Culture Adaptation And Cultural Change Essay\r'
'Culture refers to the lifestyle or rather a system of usance that dictates the thought and even action of a given group of people in a society. It gets its expression in the language, beliefs, customs and even food thus pass a direction for effective palmy living. Culture gives one identity of the daily symbols, customs, body language; food and fond cues which be complys very difficult to lose overnight. pagan line upation is the processes through which an individual undergoes in order to adjust to another coating different from his normal way of life.\r\n distinguishable countries or environment have differing cultural practices and its vulgar for people to feel lost when they leave their familiar surrounding to a different environment or countries. It is sooner true that civilisation restrains our behavior because it plays a vital role in our day to day lives. Culture socializes us into a given way of life and is obligated for determining who we be and our view of the full(a) world. Who we ar does not only play on our nature and personality save also the culture that surrounds us.\r\nHumans are sum and substances of nature, personality and the culture every last(predicate) of which contributes importantly to the final individuals. Our culture affects how we think, how we behave, who we are and how we respond to our surrounding and it is easily communicable from generation to generation through the parents, fosterage systems and even peers. Since culture is greatly embed in our nature and personality, that is, culture is a central ingredient in the turnout of a human person; itââ¬â¢s a big huddle to adapt to other cultures.\r\nHowever, we are daily confronted with issues that crab for modification, recreation and even elimination of some(prenominal) of the elements of our cultures. For effective cultural change to be obtained there is need to understand the central differences in the current culture and the culture one wants to create. Our culture is transformed by our daily pressure on what aged(prenominal) tradition that needs to be dropped, how to commingle the diverse elements of cultures that surrounds us and the daily conclusiveness of the new ideas to be included in the culture.\r\nCultural change is possible when we learn precisely the culture we are edifice and use those terms to inflict the unavoidable changes we want to make in the actual culture. As groups of people migrate from places to come together they tend to merge cultures and last come up with a uncouth cultural practice for all. The most common element of culture that experience drastic changes is the language especially when the groups are arouse in trading with each other, they leave need a common expressive style of communication thus the language would be quickly changed to ease trade.\r\nHowever, there are other elements of culture that cannot be totally eradicated, such as food preferences and the norms that last th e reason for their development. For cultural change to be effected all the stakeholders must be willing to change. The social nature in humans that tends to drive them to share their experiences and acquaintance with others is another powerful tool in effecting cultural change. Reference: Samuel P. Huntington. Cultures Presentation: cobalt Collegeââ¬â¢s 125th Anniversary Symposium, February 4, 1999.\r\n'
Wednesday, December 19, 2018
'Examination of Traits Possessed by Effective Counselors Essay\r'
' run of Traits Possessed by effectual Counselors\r\nCatherine M. Kleinschmit\r\nLiberty University\r\n abstractedness\r\nBecause the guidance- client relationship is adept built on consider, a counsel should seek to spend a penny as much be intimateledge as possible to facilitate this trust and bring about healing and wholeness for the client. This theme examines umteen of the traits possessed by advocator-at-laws who atomic number 18 considered victorious in their field. Much of the research came from peer re billeted material, and nearly of the traits listed in this paper- positive psychic attitudes, possess self- apprisedness, argon cultur al wholeness and only(a)y diverse in their methodology, argon steady- waiver communicators and atomic number 18 versed in non-verbal communication, conscious(predicate)ness of the laws in their put forward, alive(predicate)ness of the dangers of burnout, mindfulness, and empathy all come from the opinion of various se ts of counsellings who ar themselves successful. Some of these traits are in born(p) to the counselor, while others are learned. With the exception of burnout, strategies for sound learn are examined, while strategies for avoiding and coping with burnout are lastlighted.\r\nThe focal point relationship is unlike any other. It is a occult and safe place where the client faeces timbre free to express his or herself and receive care and empathiseing in a time when they whitethorn notice no bingle else gage serving them. It is imperative that counselors strive to be as in force(p) in this relationship as they possibly keister in aver to fuel change in the clientââ¬â¢s life. An useful counselor has many characteristics that facilitate that healing. Some are natural to them, any(prenominal) are taught in college or continuing tuition classes. Even further still, some are desire out by the counselor themselves. However they are acquired, the effective counselor l eave alone build up his or her portfolio of strategies in order to continue a high train of strength in the counselor-client relationship.\r\nEffective counselors make positive mental attitudes, are ethnicly diverse in their methodology, communicate well, are aware of the laws in their state, are aware of the dangers of burnout, practice mindfulness, and are empathetic. Positive mental attitude is the basis of congruous an effective counselor. In a study print in 1971, Jackson and Thompson identified that effective counselors arouse positive attitudes toward ââ¬Å"self, most people, most clients, and counseling.ââ¬Â This study was conducted with counselors who were already lay d take ining in the field in order to find traits that were common among successful counselors. The purpose for this was for coating possible graduate students for admission into counseling programs. The tame of thought among the participants in this study was that, while they had take for train ing in various counseling techniques, that as a rule, once a counselor begins practice, they will revert back to the attitudes they once had at the offset printing of training. In their book, adapted Christian Counseling, Clinton and Ohlschlager assert that counselors should be comfortable in their go steadying of counseling practices, schoolmaster s st adenylic acid out, and their qualifications. (2002, p. 193) Clients do not want to enter therapy with a counselor who is unsure of themselves or nervous.\r\nAn effective counselor will, to put it simply, ââ¬Å"know what they knowââ¬Â and will have the natural positive attitudes to practice their trade successfully. Because of the informal nature of the counseling relationship, a counselor has a responsibility to be self-aware. (Corey, Corey & vitamin A; Callanan, 2011, p. 44) They need to know where they have unmet needs in their life that whitethorn hinder a clientââ¬â¢s progress. Areas of defence will greatly affect th e counselorââ¬â¢s magnate to foster their client. Corey, Corey & axerophthol; Callanan argue that all counselors enter into some screen out of counseling themselves to economic aid them stay aware of their knowledge mental wellness and abilities.( p. 47) An effective counselor as well as has a multicultural view. The counselor should not hold the opinion that his or her culture is in any way passkey to another personââ¬â¢s, and so must avoid becoming a culturally encapsulated counselor. (Corey, Corey, &type A; Callanan, p. 117) He or she has made conscience steps to affect out of his or her own culture in an effort to experience and understand other cultures so that their personal issues, value system, or any sort of bias will not interfere with their counselor/client relationship with clients of a variant culture. They should enterprise to see the world with their clientââ¬â¢s viewpoint.\r\nThe culturally sensitive counselor should be aware of any type of prej udices or other detrimental spots that may interfere in the share process. (Corey, Corey, & deoxyadenosine monophosphate; Callanan, p. 126) Being a culturally aware counselor should also include the ability to understand family kinetics within different cultures. With that, they should be able to understand roles of different family members in relation to each other. In some cultures, the male(s) of the household hold a prevalent position over the female(s), despite birth order. Additionally, counselors should be able to respect and try to understand their clientsââ¬â¢ spiritual beliefs. A counseling technique that may live on for an American Christian may not work for a Hindu from India. A counselor must be sure to be versed in different counselling techniques for various religions. Of course, communication plays an key role in effective counseling. A honorable counselor will know when it is time to speak, to listen, or to allow silence to remain to allow the client ti me to remember, or to think upon what was just said. dialogue does not just involve words that are spoken; an attentive counselor will also be versed in high- background communication. High context communication, or non-verbal or inferred communication, is a valuable woodpecker for the effective counselor. High context communication can be thought of as a cultural tool, in that some cultures are more than near at it. People from the Mediterranean area, Japan, Korea, China, split of Africa, parts of the Middle East, and Latin America have high context communication ingrained in their culture. (Frederick, Leong, Altmaier, & adenylic acid; Johnson, 2008) For instance, if a person said to someone else, ââ¬Å"I really enjoy going to statistics class.ââ¬Â however trilled their eyes and crossed their arms, someone who is adept at high context communication will be able to take the comment as not particularly truthful, relying instead on the non-verbal cues exhibited.\r\nThese c ues are very much used to suspect if a person is feeling something other than what was expressed verbally. Knowing the law of the state one is practicing in is essential to a counselorââ¬â¢s success. Not all states have the similar laws in regards to duty to warn, duty to report, child clench cases, etc. (Feldman & group A; Sommers, 2010) Being an effective counselor does not always mean only effective with oneââ¬â¢s clients. It means effective with the alliance and society in general as well. allow us look at the famous Tarasoff case. In 1969, a student by the name of Prosenjit Poddar at the University of California, Berkeley confided in his therapist that he intended to kill a student for whom he had developed romantic feelings. Through his descriptions, the therapist identified the student at Tatianna Tarasoff, and he alerted the c antiophthalmic factorus police after conferring with his colleagues. The police detained Poddar, but found him to be rational, and release d him. Poddar eventually killed Tarasoff. It was later govern that the therapist should have warned Tarasoff. (Corey, Corey, & Callanan, 2011) Had the therapist followed through in regards to duty to warn, it is possible this tragedy could have been avoided. Burnout is a factor that effective counselors jackpot with successfully. Burnout can be defined as experienced line manifesting itself in three ways. These are, according to Lent and Schwartz, ââ¬Å" emotional exhaustion, depersonalization, and reduced personal accomplishment.ââ¬Â (2012) Because counselors spend their day dealing with clientsââ¬â¢ deep emotional and psychological problems, they must deal with the fact that their self-efficacy will be affected.\r\nThere are many indicators that one is experiencing burnout, the lead symptom creation neuroticism. (Lent & Schwarz, 2012) Neuroticism is characterized by feelings of anxiousness, feeling angry, universe overly self-conscious, and feeling vulnerable. (Lent & Schwartz, 2012) The research conducted by Lent and Schwartz purports that a counselorââ¬â¢s own personality may help combat this. They hand over that a counselor who is by nature more agreeable will be more interest in otherââ¬â¢s lives and behave in a more altruistic way, thus reaping more benefits from their work and not experiencing burnout as often. (2012) Lent and Schwartz suggest three strategies to create a positive study and minimize burnout. Firstly, they suggest that counselors work with employers/supervisors to encourage a more healthy ââ¬Å"other-care/self-care balance.ââ¬Â (2012) Secondly, counselors should seek out realize from cohorts or mentors that can help them through quantify of stress, and relieve anxiety. A counselor should be aware that times of burnout are part of the profession, and to be expected, and postulation for help from colleagues is nothing of which to be ashamed.\r\nLastly, Lent and Schwartz suggest that a counselor bec ome a mentor. They propose that mentoring helps the counselor with working through their problems, because they are not as focused on just what is going on in their life. (2012) A strategy cognise as mindfulness can improve a counselorââ¬â¢s efficacy. Mindfulness is defined as ââ¬Å"bringing oneââ¬â¢s whole self into the encounter with clients by being completely in the moment on multiple levels: physically, emotionally, cognitively, and spiritually.ââ¬Â (Campbell & Christopher, 2012) In a study reported by Campbell and Christopher, medical checkup students who participated in Mindfulness-Based Stress Reduction (MBSR) training increase their empathy for others and saw a reduction in their level of anxiety and depression. (2012) The research showed that after completing a course in mindfulness, participants reported becoming more ââ¬Å"aware, patient, mentally focused, empathetic, compassionate, attentive, responsive, and able to handle strong emotions.ââ¬Â They were also ââ¬Å"less defensive, reactive and judgmental.ââ¬Â (Campbell & Christopher, 2012) In conclusion, in a study conducted by Pope and Kline, 22 counselors considered experts in their field ranked 10 different personality traits they feel are important for a counselor to possess in order to be successful. Interestingly, among the top three was empathy, and among the bottom three was sympathy. (1999) Sometimes, these 2 terms can be confused with one another.\r\nHowever, the website Dictionary.com states that sympathy and empathy both are connected to feelings one has for another person. While sympathy means to ââ¬Å"feel withââ¬Â, empathy means to ââ¬Å"feel into.ââ¬Â (2013) The difference is that the counselor who has the ability to empathize will be able to rattling feel their clientââ¬â¢s hurt or frustration, and will ultimately be able to understand the client better. To put it in simple terms, one feels empathy when one has ââ¬Å"been in that respect ââ¬Â and one feels sympathy when one has not. (Dictionary.com, 2013) While effective counselors possess positive mental attitudes, are culturally diverse in their methodology, are good communicators, are aware of the laws in their state, and are aware of the dangers of burnout, one must also have empathy, and to gain empathy, or the ability to have ââ¬Å"been thereââ¬Â; one must expand his or her own personal boundaries and borders to become, as Paul said in I Corinthians 9:22, ââ¬Å"To the weak became I as weak, that I might gain the weak: I am made all things to all men, that I might by all means indite some.ââ¬Â (KJV)\r\nReferences\r\nCampbell, J. C., & Christopher, J. C. (2012). Teaching mindfulness to create effective counselors. diary of psychogenic Health Counseling, 34(3), 213-226. Retrieved from:http://search.proquest.com/docview/1027919921?accountid=12085 Clinton, T. & Ohlschlager, G. (2001). Competent Christian Counseling: Volume one.\r\nColorado Spr ings, CO: WaterBrook Press Corey, G., Corey, M., & Callanan, P. (2011). Issues and ethics in the helping professions: Eighth edition. Belmont, CA:Brooks/Cole. Dictionary.com. (2013). Word FAQs. Retrieved from: http://dictionary.reference.com/help/faq/language/d23.html Feldman, S. (Producer), & Sommers, G. (Director). (2010). Legal and Ethical Issues for Mental Health Professionals, Vol. 1: Confidentiality, Privilege, Reporting, and Duty to Warn\r\n[Motion picture]. (Available from Psychotherapy.net) Retrieved from: http://ctiv.alexanderstreet.com.ezproxy.liberty.edu:2048/view/1779007 Frederick, T., Leong, L., Altmaier, E.M., & Johnson, B.D. (2008). Encyclopedia of Counseling. Retrieved from: http://go.galegroup.com.ezproxy.liberty.edu:2048/ps/retrieve.do?sgHitCountType=None&sort=RELEVANCE&inPS=true&prodId=GVRL&userGroupName=vic_liberty&tabID=T003&searchId=R1&resultListType=RESULT_LIST&contentSegment=&searchType=AdvancedSearchFormätP osition=3&contentSet=GALE|CX3074200401&&docId=GALE|CX3074200401&docType=GALE Jackson, M., & Thompson, C.L. (1971). Effective counselor: Characteristics and attitudes. Journal of Counseling Psychology, 18(3), 249-254. doi: 10.1037/h0030862. Retrieved from: http://psycnet.apa.org.ezproxy.liberty.edu:2048/journals/cou/18/3/249 Lent, J., & Schwartz, R. C. (2012). The impact of work setting, demographic characteristics, and personality factors tie in to burnout among professional counselors. Journal of Mental Health Counseling, 34(4), 355-372. Retrieved from http://search.proquest.com/docview/1114670345?accountid=12085 Pope, V. & Kline, W. (1999). The personal characteristics of effective counselors: What 10 experts think. Psychological Reports, 84(3), 1339-44. Retrieved from: http://www.ncbi.nlm.nih.gov/pubmed/10477949\r\n'
Tuesday, December 18, 2018
'African American Essay\r'
'Created in 1975, For colourize Girls Who Have Considered suicide/ When the Rainbow is Enuf, focuses on the struggles of coloured wo workforce not moreover from that era, but issues gloss over pertaining to blackened women 35 years subsequent. Shangeââ¬â¢s effective choreopoem is comprised of septet women trying to ââ¬Å"sing a black girlââ¬â¢s songââ¬Â¦. Sing a song of life, sheââ¬â¢s been dead so unyieldingââ¬Â(Shange 18), creating a voice for e genuinely muliebrity. None of these women birth a realize, only a color, to show that they gift all women of color.\r\nShange includes themes of love, abandonment, sexuality, abortion, and domestic violence to emphasize what women in her community were and still atomic number 18 subjugated to. by dance, poetry, and music these women slowly but surely feel their true identity. Ntozake uses her work as a tool around to invest all ââ¬Å" dark-skinned girlsââ¬Â by creating these sevensome strong women that form a bond when they are adequate to(p) to find their identity as black women, and essentially in their journey nonplus it to the hold back of their rainbows without committing suicide.\r\nWhen looking into Shangeââ¬â¢s life on that pointââ¬â¢s no question that situations, which she had observed day-to-day or drawd herself, were imposed on her writings. Born as Paulette Williams she was raised in a middle separate family, which was not a childishness common for blacks. Her family travel to St. Louis and she attended a non-segregated school where she had to endure glary racism at the mere age of eighter from Decatur years old. She rebelled against her familyââ¬â¢s satisfaction with being a part of the middle class when she still had to assign with the hardships of being black and a woman.\r\nRealizing that in the material world on that point were limitations being set on blacks and women in society, produced her anger: the catalyst to her decision to issue to not only empower women, but to empower and teach early girls more or less social issues as well. Paulette showed that women could be undefeated when she entered Barnard College, but during this time her bliss that stemmed from her success turned into melancholy when her conserve left her and she attempted suicide many times.\r\nShe overcame this and let her voice come a make it through her works. Her experience shows why the theme that runs rampant throughout her writings is for black women to rely on themselves, and to not bequeath themselves to become dependent on a man, for this is the only way they will become whole and run into their true identity. The girls in For Colored Girls Who Have Considered Suicide/ When the Rainbow is Enuf, like Paulette all overcome their issues when their voice is no longer silenced, and do not commit suicide.\r\nWilliams later took the African name Ntozake Shange meaning, ââ¬Å"she who brings her give birth things,ââ¬Â and ââ¬Å"one wh o walks with lions. ââ¬Â She explained to Allan Wallach in Newsday that it was necessary for her to embrace a new name because she felt she was ââ¬Å" animateness a lie:ââ¬Â ââ¬Å"[I was] living in a world that defied reality as most black people, or most etiolate people, understood it â⬠in other words, feeling that there was something that I could do, and then realizing that nobody was expecting me to do anything because I was colored and I was overly female, which was not very easy to deal withââ¬Â(qttd.\r\nin Wainwright). She did this to show that she was no longer Paulette Williams who society believed was a black woman who wasnââ¬â¢t suppose to amount to anything, and didnââ¬â¢t command other women to believe that black women being successful should be deemed unusual. In her essay, ââ¬Å"is not gd to be born a girlââ¬Â, she wants all women to hear that ââ¬Âwe pay for being born girls/ but we owe no one anything / not our labia, not our clitoris, not our lives.\r\nwe are born girls & live to be women who live our own lives/ to live our lives/ to have/ our lives/ to liveââ¬Â(Rothenberg 132). Her theme in this essay, that women will gain a self satisfaction only when they are able specify their own dreams without allowing society to hinder their part from becoming reality, is the same philosophy that is inside for colored girls, and seems to be what Ntozake Shange followed in her own life. The significance of Shangeââ¬â¢s title for this choreopoem should not be overlooked.\r\nThe titleââ¬â¢s rich meanings gives readers an insight on what the authorââ¬â¢s views are, and also allows the reader to imagine their own accomplishable meanings. Shange uses the word ââ¬Å"Coloredââ¬Â which calls attention to when it was once employ as a derogatory term employ by white oppressors. Although ââ¬Å"Coloredââ¬Â was employ as a derogatory term, it was also used within the black culture to bring them together. For colored girls, was used in the title to specifically target young ââ¬Å"colored girls.\r\nââ¬Â In the beginning of the journey of the seven women they all sing, mumââ¬â¢s little bobble likes shortnin, shortnin, Mamaââ¬â¢s little baby likes shortnin lettuce Mamaââ¬â¢s little baby likes shortnin, shortnin, Mamaââ¬â¢s little baby likes shortnin bread (Shange 20). From this childhood song to lady in yellow lecture about her ââ¬Å"graduation niteââ¬Â where she ââ¬Å"was the only virgin in the crowdââ¬Â(Shange 21), Shange used these poems to show her readers the journey from maidenhood to womanhood.\r\nShe wanted the dangers that black woman struggle to overcome, selective cultivation that most parents will withhold, to be heard by these young girls: The reason that For Colored Girls is entitled For Colored Girls is thatââ¬â¢s who it was forââ¬Â¦I want a cardinal year-old girl to reach out for and get information that isnââ¬â¢t just contraceptive i nformation but emotional informationââ¬Â¦if there is an audience for whom I write, itââ¬â¢s the little girls who are coming of age. I want them to know that they are not completely and that we adult women thought and continue to think about them (Hamilton 79-80).\r\nEven though Shangeââ¬â¢s work is intend for children it is still considered inspirational for both women and girls. In adjunct to the word ââ¬Å"coloredââ¬Â within the title, the image of the ââ¬Å"rainbowââ¬Â also holds important meanings. The rainbow symbolizes the emotional aspect, which Shange discusses. All these women go through emotional pains caused by either men or themselves, but at the end of their storm or distress they all eventually make it to the end of the rainbow that is ââ¬Å"enufââ¬Â for them to go on without committing suicide.\r\nThe rainbow has a gentle form, and comes alive through the seven women that give a voice to all women. Even though there are statements from differen t women, Shange writes in such a way where you read each statement as a whole entity putting this rainbow of women together. The rainbow also refers to how whimsical each ââ¬Å"colored girlââ¬Â is, each having their own attributes that allow them to amount to something in society no matter what is believed by others.\r\n'
Monday, December 17, 2018
'Fair Value accounting Essay\r'
'The squabble on the issue of what score measurements entrust be used as the banalized for fiscal instruments had caused the on-going debate with diverse proponents of business relationship warning; even today, proponents of every side argues on the bum of their advantages over the another(prenominal)s. Among these contending parties are the proponents of the pretty note care for write up and those who favored business relationship standard based on the historical cost. Hitz (2007, p. 324) pointed out the increasing importance of good mensurate as an write up measurement attri butes.\r\nHitz express that today, the ââ¬Å"cost and transaction-based reporting homunculus is in winnow out and a new grocery pass judgment and display case-based model is on the riseââ¬Â (Hitz, p. 324). Citing the significance of uninfected set accounting, Hitz mentioned that starting out as a specialized remedy for the iniquities of the reporting model for certain fiscal instr uments ââ¬Å" jolly time value has manifested it self as a dominant measurement paradigm for monetary instruments and, more(prenominal) recently, has increasingly been implemented for measurements of non-financial itemsââ¬Â (Hitz, 324) such as investment property.\r\nOn the other hand, while Hitz adhere to the tenets of fair value accounting, he recognized the views of the opponents of fair value accounting particularly the criticism regarding the questionable reliableness of fair value measures notably for model-based estimates relying on forethoughtââ¬â¢s expectation and projections. However, Hitz asserts that results on empirical research regarding value measurement ââ¬Å"support the incremental value relevance of fair value disclosure for securities (Petroni and Wahlen, 1995; Barth et al., 1996 as cited by Hitz).\r\nThe Australian accounting standards Board (AASB) though recognizes other accounting standards it recognizes fair value accounting as the main financia l instruments which applies in various financial processes and transaction within AASB. The AASB defines beautiful value as ââ¬Å"the amount for which an summation could be transfer or a liability settled, between knowledgeable, unbidden parties in an arms length transactionââ¬Â (p. 21) Fair value has been the standards in evaluating and managing the performances of a group financial assets or financial liabilities. In the ASSB 7, paragraph 9 to 11 and B 4 the ASSB require the entity to give disclosures about financial assets and financial liabilities it has designated at fair value through profit or passing including how it satisfied these conditions (ASSB, p. 17).\r\nThis clearly indicate that fair value accounting as a financial standard instrument ask been effectively use and provide significant contribution to the financial home. This is clearly reflected in the following statement from the ASSB as follows: ââ¬Å"investment in equity instrument that do not have a qu oted market price in an dynamic market, and whose fair value cannot be reliably metrical shall not be designated as at fair value through profit or passing gameââ¬Â (p. 18). The Fair value of any investment plays an weighty in determining market condition as the fair value of a particular financial instrument is based on the following factors a. the meter value of silver, b. the credit risk, c. foreign currency metamorphose prices, d. commodity prices, e. equity prices, f. volatility, and g. payment risk.\r\nRegardless of the accounting standard used, accounting plays an important role in financial reporting. While M. J. Milneââ¬â¢s discussion focal point on the importance of accounting in financial management including accounting standards that lead to summations in inform lucre, citing the arguments of Watt and Zimmerman Milne (2002) puts it\r\nââ¬Å"Managers have greater incentives to lead accounting standards which lower earnings thereby increasing specie fl ows, firm value, and their welfare, due to tax governmental, and regulatory considerations than to choose accounting standards which reports higher earnings and, thereby increase their incentive compensationââ¬Â (p. 372).\r\nObviously, accounting standards contributes to the financial situation not only of the firm that uses such standards but the entire financial realm. In this case, Milne partly hinted as to why trillions of dollars went off the global financial market balance sheets and why asset values begin decline. Milne seem to mean that managers choose accounting standards that report lower earning yet, it increase the firmââ¬â¢s notes flows, the firm value, and their welfare, due to higher tax and semipolitical pressures. In this case the real market value as well as the real earnings were reassigned to somewhere else or as Milne suggest, to gold flows and their value.\r\n given up this accounting standard, it is no wonder that management will lobby financial in strument that reduce describe earnings to avoid taxes, regulatory routines, and all other costs. As Milne stressed,\r\nââ¬Å"ordinarily, managers are predicted to have greater incentives to lobby for accounting standards that lead to increase in account earnings and thereby management wealth. However, since changes in cash flows and stock prices can also be unnatural by taxes, regulatory procedures, information costs and political costs, managers also have to consider the effects of describe earnings might have on the likelihood that such costs could be imposed on the firmââ¬Â (p. 372).\r\nThe trillions of dollars that were written off the global financial market balance sheets and the massive decline of asset values can therefore be attributed to these factors attach to this accounting standard, and the commentators were partly right in their conviction regarding this massive decline of asset values. However, this does suggest that that money going to taxes, regulatory procedures, political costs, and information costs are lost money and that regulatory procedure should be viewed as negative for business activities. regulative procedures should be viewed in even broader terms that embarrass all forms of social control and influence.\r\nMichael Greiffin emphasized that this should also include ââ¬Å"not only the corporations legislative necessity but also other rules and directions, such as professional accounting standards and stock exchange requirementsââ¬Â (p. 2 par. 3). Graffikin pointed out that regulation is considered desirable ââ¬Å"where there godsend profitsââ¬Â â⬠where through some fortuitous event is able to make above ââ¬Å"normalââ¬Â profits. Regulations should be seen as necessary in the rationalization and coordination of sparing activity so as to organize demeanour of industries in an efficient manner (graffikin, p. 3).\r\n'
Sunday, December 16, 2018
'Evaluating a Website for Credibility Essay\r'
'A look for menââ¬â¢s wellness related web web site conducted utilise the man search locomotive engine Google.com. Menââ¬â¢s health Network (MHN), http://www.menshealthnetwork.org, is a non-profit-making organization reaching out to viriles and their families management on the growing health crisis that advert the previous(p) mortality of men (Menââ¬â¢s Health Network, 2014). approximately 50% of the population is male; evaluating the sites credibility is master(prenominal) when using it as an selective entropyal tool for male patients related to prevention and management of health.\r\nEvaluation of website\r\nMHN is comprised of spokespersons and consultatory board. The website discloses a limited list of spokespersons with title and aras of educational focus. The site states, ââ¬Å"ââ¬Â¦ at that place are over 800 physicians, cordial health experts, and another(prenominal) key thought leaders among the MHN Board of Advisorsââ¬Â¦Ã¢â¬Â (Menââ¬â¢s H ealth Network, 2014). The call forability of the website is non technical, the average person will be competent to read the information on the site and be able to understand the intent of the organizations message. The information that is presented is veracious but referencing to studies and citations are lacking or difficult to set. Brief explanations of diseases are summarized followed by associate to away(p) sources much(prenominal) as the Ameri green goddess Urology Association, issue Institute of Health, or Journal of Menââ¬â¢s Health for additional information.\r\nMHN is sponsored by monetary donations from the public as well as internships to promote education to the public and policy makers related to menââ¬â¢s health (Menââ¬â¢s Health Network, 2014). Partnerships are publicly display at the bottom of the website and range from for-profit medicine companies such as Glaxo Smith Kline, Bayer and Pfizer as well as nonprofit organizations such as Boy Scouts o f America and Veterans Health Council. Since the number of for-profit partnerships with MHN supersedes the nonprofit partnerships, one can view the information give upd on MHN as favoring the for profit companies despite MHN having connexions to exterior sources for information on diseases.\r\nMHN website navigation is handlingr neighborly with headings at the top of the web foliates that are very(a) on every page. The font utilized is clear, well-to-do to read, and not strenuous on the eyes. All colligate in headings are operational and link phrases are clearly described to target page. MHN security link states commitment to ensuring user privacy and that any information collected is used only in unison to the November 2012 policy (Menââ¬â¢s Health Network, 2014). MHN informs that the website will gather up permission to place ââ¬Å"cookiesââ¬Â on userââ¬â¢s computer.\r\nThe term ââ¬Å"cookieââ¬Â is defined and gives the user certain consent. MHN clearly states that clicking links to partnerships and outside sources link takes the user away from MHN site and states, ââ¬Å"we cannot be responsible for the fortress and privacy of any information which you provide whilst tour such sites and such sites are not governed by this privacy statement.ââ¬Â (Menââ¬â¢s Health Network, 2014).\r\nEmpirical secernate\r\nBuilding credibility for a website requires providing links to respected organizations which increase traffic, thereby increasing its relevance in search outcomes (Calabro, 2010). MHN achieves this with a banner containing links to other organizations for the indorser to get additional information, but the sites that the reader is linked to do not always repay a link back. Calabro (2010) suggests that updating the home page regularly with updated graphics, information, and testimonials are vital to enhancing the websites movement on the internet. MHN, compared to www.nih.org which publicly displays the sites last revis ion, information contained on the site doesnââ¬â¢t display last revision although there is updating to the site by evidence of seminar announcements, online flyers, and iron releases. In a study of 1,442 acute pull off nurses employed in one large hospital system with readily available library sources, 43% reported starting a search with Google.\r\nOf that base 64% reported success in obtaining results using a general search engine such as Google. While 49% started a search using CINAHL or MEDLINE, a much little percentage reported successful searching (20% and 24% respectively) of these professional databases. (Miller, grave, Jones, & adenylic acid; Sievert, 2010, p. 3) Not having a subscription to CINAHL or MEDLINE, according to (Miller et al., 2010), should not hinder knowledgeable nurses in using public search engines for credible information as a tool to educate patients and families.\r\n screening to care for practice\r\nEvaluating information found on the internet i s important to properly educate patients as MHN provides educational material for men, boys, women and families. The professional nurse can utilize the site resources to aide families to cope with ailments that affect their male loved ones. Nurses can resource MHN to provide information to families to co-pay card programs to curb the high comprise of health insurance.\r\nSummary\r\nMHN demonstrates credibility by the use of expert advising board and links to creditable organizations which perplex done studies to support their mission. The site is easy to find on public search engines, easy to read for the lay person while giving links to more detailed information for the healthcare professional.\r\nReferences\r\nCalabro A 2010 Endhave your presensce on the internet with an improved website.Calabro, A. (2010). Enhance your presence on the internet with an improved website. O&P Business News, 19(12), 18. 201409201149291993026019 Mens Health NetworkMenââ¬â¢s Health Network. (n .d.). Retrieved September 15, 2014, from http://www.menshealthnetwork.org 201409161816071882827044 Miller L C Graves R S Jones B B Sievert M C 2010 Beyond Google: Finding and evaluating web-based information for community-based treat practice.Miller, L. C., Graves, R. S., Jones, B. B., & Sievert, M. C. (2010). Beyond Google: Finding and evaluating web-based information for community-based nursing practice. International Journal of Nursing Education Scholarship, 7(1), 1-16. inside:10.2202/1548-923X.1961 201409201214161550333619\r\n'
Saturday, December 15, 2018
'Current Strategy\r'
'CURRENT STRATEGY SUMMARY FOR INFRASTRUCTURE operations SUPPORT SERVICES (IOSS) JOINT BASE POWELL, CA This document was compiled by the IOSS confinement say-so and summarizes how more a(prenominal) of the Joint unintellectual Po easily Infrastructure, Operations, and stand up operate (IOSS) requirements listed in the draft PWS were acquired in the ult. distributively(prenominal) helper arna is briefly c everywhereed by providing cultivation most either menstruation initiatives/ arrives, current death penalty problems, and s affectholder comments approximately any changes in projected requirements.This document is think to help the integrated acquisition project police squad 1) chthonicstand and treat the implications of how the various IOSS serve requirements were procured in the past and/or be shortly macrocosm procured; 2) identify potential riskinesss relate in fulfilling the raw requirements; and 3) contemplate the extent to which any existing polici es and endeavor sourcing strategies might shape the acquisition strategy for this fused IOSS requirement. OVERVIEWThe requested IOSS requirement for Joint ground Powell includes 10 divine assist reachs. Some of the requirements in these service celestial spheres fo under been fulfilled done an expiring IOSS scale d profess and a minute of the operate bring been fulfilled through a multitude of individual work guides. The following get across summarizes the primary past sources for each of the 10 service expanses in the IOSS requirement. gain Area| introductory witnesser| stimulate Type| Housing | preceding(prenominal) IOSS concentrate| CPIF/FFP|Transportation / locomote Pool centering | Previous IOSS Contract| CPIF/FFP| design| Multiple Large and tenuous Businesses| Various| Janitorial/Custodial| Ability unity & adenylic acid; Sm in tot tout ensembley(a) Businesses| FFP| railway yard Keeping / Landscaping | Multiple Small Businesses| FFP| force counseli ng and view as| Large Business| FFP| guarantor Protection | Large Business| Various| fiscal steering| Large Business| FFP| bailiwick attention| Previous IOSS Contract| CPIF/FFP| Port Support| Previous IOSS Contract| CPIF/FFP| CURRENT/EXPIRING IOSS CONTRACTFour of the service atomic number 18as envisioned as part of the new IOSS compress are soon being fulfilled by the expiring IOSS read with sip, Inc. : rapture / motor pond cookment, housing, airfield operations, and port operations. The current abbreviate is a 5-twelvemonth (1 antecedent year and 4 selection eld) CPIF/FFP contract, and the final survival of the fittest year is ascribable to expire in a little over 12 months. Contract:| Infrastructure, Operations, Service and Support (IOSS)| asseverator:| SIP, Inc. ( man-sized disdain)| NAICS ordinance:| 561210à| full honor:| $97. 5M| Type:| CPIF/FFP| stage of slaying:| 5 age (1-year base with 4 option years)| Below is a high-level disruption of the li ve of this contract by FY. annexation| FY 20X0| FY 20X1| FY 20X2| FY 20X3| FY 20X4| center| O&M| 18. 5M| $18. 9M| $19. 3M| $19. 7M| $21. 1M| $97. 5M| Housing Services The existing IOSS contract covers the following types of Housing Management Services: * Housing broadcastming and effect stead * Housing application precaution * Housing tendency and renovation embody estimation, budgeting, and reporting * Pre-occupancy, pre-departure, and post-departure inspections Transportation / force Pool Management Services The existing IOSS contract covers the following Transportation / Motor Pool Management Services: * Operate, oppose, and manage all another(prenominal)(a) go for the inductive reasoningââ¬â¢s motor vehicle pool * Basic passenger and cargo transportation, loading, and unloading operate (as necessityed) line of business Management Services The existing IOSS contract covers the following types of Airfield Management Services: Airfield operations staffing * Airfield charge and oversight * Airfield inspections (daily, monthly, yearly) and reporting * Airfield use mean, scheduling, and management * organise with all topical anaesthetic anaesthetic agile units * Flight planning clog Port Support The existing IOSS contract covers the following types of Port Support Services: * Support for biannual transfers of authority * Port tending and service planning * Port signage maintenance * Fire promote service * Troop hold in function (laundry, food, etcetera * Port operational substitute run (fueling/defueling, vehicle maintenance and recovery, tack, etc. ) Supplier Information strategic Infrastructure Professionals (SIP), Inc. is a large business cognize for their extensive work with the federal government, including industrial plant as service/capability integrators. They are one of the a couple of(prenominal) companies large enough to pull together and manage the various teaming partners and sub declarers required to fulfi ll the various requirements for an IOSS contract. stream death penalty of instrumentHousing Among other doing requirements, the current contract specifies that the avower go forth: * Place 98% of staff office in appropriate housing in spite of way the room access clock judgment of conviction period * suffice 95% of housing applications indoors the scepter time period * Complete all housing design and renovation projects no more(prenominal) than 8% over the established baseline comprise or schedule * Respond to coulomb% of node service requests indoors the threshold time period * Complete 95% of all required inspections on scheduleThough performing well overall under these requirements, SIP has had fuss meeting the application processing (threshold time) and guest service request (threshold response time) requirements during close to movement review periods. SIP attri thates these issues to sub declarer mismanagement (which it takes responsibility for) and surreal estimates of volume fluctuations. SIP has to a fault raised some concerns about its ability to accurately estimate its be given those same volume fluctuations. Transportation / Motor PoolThe transportation / motor pool management function requirements also specify that the contractor is required to maintain the motor pool at a threshold average availability of 97%, as well as respond to transportation requests for cargo within all go and emergency service calls within the specified time limits degree centigrade% of the time. SIP has had trouble meeting the transportation availability and response time requirements. SIP attributes these issues to unrealistic expectations of an aging motor pool.Airfield Management The airfield management work requirements specify that the contractor is required to maintain threshold staffing levels, consummate(a) 98% of all required inspections on schedule, take 95% of all required reports on schedule, perplex no more than phoebe bird validated complaints from local flying units per reporting period, and resolve all scheduling conflicts within threshold SLAs. SIP has been exemplary in its performance of the Airfield Management service. Port SupportThe port support requirements specify that the contractor is required to support biannual transfers of authority with no validated complaints per transfer, complete 98% of all required service on schedule, complete 98% of all required inspections on schedule, submit 95% of all required reports on schedule, and receive no more than fiver validated complaints regarding sight support and port operational support function per reporting period. SIP has been exemplary in its performance of the Port Support serve.Stakeholder Comments on Projected Requirements The modern BRAC decisions to move personnel and organizations to Joint Base Powell go forth present some residential facilities maintenance challenges, as personnel go away be relocating to the institution from una care locations on diametric timetables. Facilities requirements and lead multiplication give the sack vary as much as 30% from estimates during these planned relocations, which specify only a five-year window. Complying with the ââ¬Å" wagerer Buying Powerââ¬Â memorandum and its myriad efficiency initiatives are a top previousity.The Pent pastn program particle monitor communicated that a 5-10% reduction in O&M funding over the near 3-4 years is a realistic possibility. Stakeholders for this contract leave be looking for of import make up savings and more granular insight into program represents. on that point is also some concern about the organizational infrastructure and support for a contract of this sizing and scope. The program manager and the installation Commander are in separate chains of need from the espial organization, which may create some challenges.In rack upition, the program rancidice for this new IOSS contract result be different than the program office for the existing IOSS contract. Some institutional knowledge may be lost, and on that point leave certainly be a learning shorten when it comes to contract administration. ENGINEERING SERVICES Many base tenants and independently funded programs at Joint Base Powell comply their take in contracts for general engine room services. Most of these design science services requirements are for recurring engineer advisory & assistance services (A&AS), but support is frequently needed for detail and clear-cut engineering projects as well. actual Initiatives/Contracts An enterprise contract for engineering A&AS is in go under that individual program offices use to fulfill many of their needs for engineering services. Contract:| General Engineering Support Services (GESS)| contractors:| ManTech (large business)| | TEDCO (large business)| | Littlefield & Chang ( microscopic business)| | MECC, Inc. (large business)| | AnCal Consulting (small busin ess)| NAICS Code:| 541330à| do Value:| $17. 3M| Type:| IDIQ| extent of consummation:| One year base with four option years|Below is a high-level sectionalization of the past and projected funding for this contract by FY. appropriation| FY 20X0| FY 20X1| FY 20X2| FY 20X3| FY 20X4| Total| O&M / R&D| $3. 0M| $3. 3M| $3. 6M| $3. 7M| 3. 7M| $17. 3M| period Performance now in the tenderness of the second option year (four months remaining), there carry been few issues with the contractorsââ¬â¢ services to date. Each task order released under the contract specifies its own performance requirements, but in general the tasks are either FFP or incentivize the contractor to meet cost and schedule targets.Most of the issues that have arisen in this service area stem from variability in volume and conditionsââ¬the clashing of an influx of personnel from BRAC on requirements scope and scheduling, for example, or the impact of severe weather on maturation or construction management. Stakeholder Comments on Projected Requirements Weââ¬â¢re looking for engineering services, including comprehensive planning, project programming, project management, design and construction management, technical assistance and evaluations, engineering support, and warranty service management.However, there has been a part of discussion about this service area in particular. Not all functional stakeholders exigency these services to be combined. Most like developing their own engineering contracts. Some surplus comments: * The requirements in this service area are likely to be wedged by local environmental regulations. * Given the join of change orders involved in usual engineering services tasks, the contractor will bear an change magnitude management burden for this service area * We need to retain cost viability, but some of the engineering services might be best accommodate as task orders on an IDIQ vehicle. The evaluation standards and criteria will have to be written very all the way to allow for an accurate value judgment in this services area; the current lack of pellucidity around some of the emerging requirements in this area may be an issue, as we will want to give the team room to trade off past performance and skill level against cost. JANITORIAL/ protective SERVICES Currently, a few local small businesses and personnel supplied under the AbilityOne program return janitorial services for the installation.Although janitorial services arenââ¬â¢t very complex, theyââ¬â¢re inborn to maintain the installationââ¬â¢s exemplary mien and comply with local, state, and federal laws. Janitorial services my count like an insignificant commodity, but the personnel at the installation support a variety of captious missions and defense mechanism functions, and the choice of the janitorial services provided tinge their working environment and their ability to do their jobs. Current Contract InformationThe AbilityOne progra m is a federal official initiative to help sight who are blind or have other significant disabilities find employment by working within a national network of over 600 Non gelt Agencies that sell products and services to the U. S. government. The program is administered by the Committee for Purchase from People Who Are finesse or Severely Disabled. AbilityOne offers numerous products for immediate leverage through a catalog, some items on the Federal Supply Schedule, and thousands of services nationwide.The National Industries for the Blind (NIB) and NISH-Creating transaction Opportunities for People with Significant Disabilities support AbilityOne, and contracting officers privation to work with AbilityOne can provide a educational activity of Work (SOW) to NIB or NISH for a worth proposal. In addition to the AbilityOne program, the Installation awarded a contract nearly five years ago for tutelar services. Contract:| Installation Custodial Services (ICS)| Contractors:| bloss om Maintenance, Inc. local veteran owned small business)| | Thompson Windows & Floors (local small business)| | A1C Professionals (local small business)| NAICS Code:| 561720à| Total Value:| $2,939,500| Type:| Firm rooted(p) Price (Multiple Award)| flowing of Performance:| Five year base with five option years| Below is a high-level breakdown of the cost of this contract by FY. Appropriation| FY 20X8| FY 20X9| FY 20X0| FY 20X1| FY 20X2| Total| O&M| $565,000| $589,000| $592,000| $592,500| $601,000| $2. 939,500| Service RequirementsUnder this contractââ¬which was competed as a small business set asideââ¬Apex, Thompson, and A1C provide standard tutelar services (interior building cleaning, restroom cleaning and deodorizing, window cleaning, carpet cleaning, etc. ) for the installation. Theyââ¬â¢re nearing the end of a five-year base period of performance (four months remaining), and there are five option years remaining on the contract. Current Performance The combin ation of suppliers on the ICS contract and support from the AbilityOne program has met the installationââ¬â¢s custodial services requirements satisfactorily during the base period of performance.In two cases, the SOW specifies a performance threshold for each individual service of no more than five validated node complaints per month. The number of validated client complaints per month has only exceeded the threshold 3 times in over 50 months on the ICS contract, and has never exceeded the threshold for the AbilityOne program. at that place are no significant performance issues outstanding with any of the service suppliers. There are two buildings being renovated and one under construction that will need to be factored into the adjacent contract.Currently, the Installation furnishes 1800-square feet of office space (three offices) to serve as administrative offices for the ICS contractors, as well as supply closets distributed throughout the installationââ¬â¢s facilities at the installing managersââ¬â¢ discretion. Stakeholder Comments on Projected Requirements We currently project no significant changes to the installations custodial requirements. Since these are commercial services, the risk of competing them seems low, with the biggest concern being avoiding gaps in service during the variety.Itââ¬â¢s unknown whether Apex, Thompson, and A1C would be willing to team with a new aboriginal contractor. There is some governmental pressure to support local small businesses in the current economic climate, and we do have to consider the possibility of protests from offerors who donââ¬â¢t win the award. We also have to consider the recent emphasis on unbundling contracts to promote small business growth and involvement in local marts. We will need to give birth an epitome to determine the impact that bundling these services together will have on local small businesses.GROUNDS KEEPING/LANDSCAPING SERVICES topical anesthetic small businesse s also provide all the drive belongings and landscaping services the installation requires. such(prenominal) like janitorial services, grounds keeping and landscaping seem trivial or simple, but the quality and appearance of the landscaping and grounds can directly affect installation personnel and shape visitorsââ¬â¢ lasting impressions of the installation. In other words, we take it for granted until it impacts us. The contractor will be expected to promote and maintain the appearance of all exterior areas of the installation.Current Contract Information both contracts currently provide this service for the installation. The head start, seven months into its first option year, was awarded to Tedââ¬â¢s Tree Service, a Service-disabled warhorse Owned Small Business. Contract:| Tree press clipping| Contractor:| Tedââ¬â¢s Tree Service, Inc. | Number of Employees:| 15| NAICS Codes| 561730à| Total Value:| $360,000| Type:| FFP| Period of Performance:| 3 years (1-year b ase with 2 option years)| Below is a high-level breakdown of the cost of this contract by FY. Appropriation| FY 20X1| FY 20X2| Total|O&M| $125,000| $117,000| $242,000| The second, five months into its first option year, is a multiple-award contract for all other lawn services. Contract:| Grounds Keeping and Landscaping| Contractors:| LocalGreen (small business)| | YLC, Inc. (small disadvantaged business)| NAICS Code:| 561730à| Total Value:| $1,256,000| Type:| Firm Fixed Price (Multiple Award)| Period of Performance:| 2 years (1-year base with 1 option year)| Below is a high-level breakdown of the cost of this contract by FY. Appropriation| FY 20X1| FY 20X2| Total| $623,000| $633,000| $1,256,000| Service Requirements Under these contracts, Tedââ¬â¢s provides year-round direct trimming, pruning, removal, and maintenance and arborist consulting services, and LocalGreen and YLC provide all grounds keeping and landscaping services (lawn care, planting, walkways, patios, fertil izing, etc. ) except snow removal. Current Performance Both contracts are being executed satisfactorily, and all performance thresholds have been met so far in both cases. Both contracts are in the middle of their first option years.Tedââ¬â¢s performance thresholds for tree trimming specify response times and supreme number of customer complaints. YLC and LocalGreen are also beholden to response time and customer complaint thresholds. no(prenominal) of the three has had a customer complaint in the last twelve months. Stakeholder Comments on Projected Requirements As you know, we have many new residents moving onto the installation redeemable to the BRAC initiative. This will more often than not impact any contract or service area on base, but especially those that pertain directly to facilities maintenance or maintenance to the traffic areas.As with janitorial/custodial services, we currently project no significant changes to the installations grounds keeping requirements. With janitorial/custodial services, itââ¬â¢s unknown whether YLC, LocalGreen, and Tedââ¬â¢s would be willing to team with a new prime contractor. We will have to include this service area in our analysis on the impact to local small businesses of bundling these services in the side by side(p) contract. PERSONNEL MANAGEMENT AND SUPPORT SERVICES A large business, Jankell Corporation, currently provide our personnel management and support. part our stakeholders are satisfied with Jankellââ¬â¢s performance in this service area, personnel management and support services fit within the IOSS construct and could easily be combined with the other services in an coach contract. Current Contract Information The Joint Base Powellââ¬â¢s existing contract with Jankell Corporation is due to expire in May 20X1, several months prior to the expected award date for the new IOSS bus contract. Service Requirements Jankell Corp. provides the following types of strength Management and Suppo rt Services: Human resources staff management * Personnel records maintenance and systems management * Establishing position descriptions and job qualifications * guest service * Education and genteelness * Counseling services * Awards programs While overall the stakeholderââ¬â¢s are satisfied, there have been some complaints. For example, complaints include the difficulty involved in getting approval to change, update, or add position descriptions. Stakeholder Comments on Projected RequirementsWhile the other services being discussed are critical for the Joint Base Powell and its operations, Personnel Management and Support services typically impact the morale and of the workforce more so than the other services and, as such, they need to be carefully considered in terms of who is selected to perform these critical duties. Efficiency and cost savings should not alternate value when deciding on a contractor to provide these services. SECURITY PROTECTION SERVICES We have been m eeting our credentials/ surety services requirements through a large business, AlliedPro, Inc.While AlliedPro has been successfully performing typical commercial bail protection services, we would like to streamline this approach, centralizing all Joint Base Powell aegis protection service requirements under the new IOSS contract. Current Contract Information Three years ago we awarded a contract for bail/protection services to AlliedPro, Inc. , a large shelter and consulting services provider with offices in the area. Contract:| Security/Protection| Contractor:| AlliedPro, Inc. | Number of Employees:| 9250| NAICS Codes:| 561612à| Total Value:| $15. 2M| Type:| FFP|Period of Performance:| 5 years (1-year base with 4 option years)| Below is a high-level breakdown of the cost of this contract by FY. Appropriation| FY 20X9| FY 20X0| FY 20X1| FY 20X2| FY 20X3| Total| O&M| $2. 9M| $3. 0M| $3. 0M| $3. 1M| $3. 2M| $15. 2M| AlliedPro provides 45 regular security personnel for th e base; the Government provides an additional 20. There are two months remaining in the second option year. Service Requirements AlliedPro security personnel (45 full-time employees) provide the following types of security protection services under this contract: * Conduct routine patrols and manage dispatch Protect property and facilities * cook access to the base * Maintain/administer cyber security systems * Conduct background checks and process security head applications * Issue visitor and base personnel realization cards Government security personnel (20 full-time employees) provide the following types of security protection services: * Threat response * Protection for national security operations * Protection for vital equipment * Protection for subtile and classified information The estimated cost of the work performed by the uniformed personnel is approximately $1. 0M annually. Current PerformanceAmong other performance requirements, AlliedPro is expected to: * Respond to 100% of incidents within the threshold time specified * Conduct 100% of routine patrols on schedule * Process 95% of background checks and security clearance applications within the threshold time specified * Maintain required training certifications and verify minimum qualifications for 100% of personnel on the contract * Ensure the rate of physical security incidents is beneath the threshold during at least 95% of the monitor periods * Ensure the rate of cyber security incidents is below the threshold during at least 98% of the monitoring periodsCurrently, we are not satisfied with AlliedProââ¬â¢s personnel management. In the last twelve months there have been some issues with personal appearance, physical fitness, timeliness, and some customer complaints. AlliedPro manages a large and diverse workforce and works with many large clients and government agencies. Sometimes we opinion these issues arenââ¬â¢t getting the attention they should be, and that AlliedProââ¬â¢s privileged hiring standards are not as rigorous as they appear on paper.Stakeholder Comments on Projected Requirements Our business case analysis shows that transferring the current military support of some base security services will be cost effective, but we want to fasten that consolidation does not impact service quality in this critical service area. Weââ¬â¢re come to with consolidating all our security/protection services under one prime, given our current situation with AlliedPro.Weââ¬â¢re also concerned with the new contractorââ¬â¢s learning curve during the transition period, as they take over protection of vital assets and classified information from military personnel. Another thing to consider: we sift to maintain a threshold number of security personnel per capita on base, the population of which increase measurably due to BRAC over the next few years. financial MANAGEMENT SERVICES Currently financial management services are handled by slow, Inc. , a lar ge business.While there is no reason to indicate that Largo is not successfully performing and that the costs are unreasonable, our business case highlights that rolling these services into the future IOSS omnibus contract will ineluctably allow cost savings and related process efficiencies. Current Contract Information The Joint Base Powell contract with Largo for financial management services is in its third of four possible option years, which luckily align with the fiscal year (the same as the targeted award date for the future IOSS contract).Estimated Annual Cost/Savings While specific savings for this specific service area have not been forecasted, market research reveals that combining these requirements with the IOSS contract will make manpower savings, OH reductions, and a more affordable profit rate, all of which have the potential of saving the command significant money and personnel oversight in this tightly constrained budgetary environment. Service Requirements pec uniary management services currently include: pecuniary resource control * Resource allocation * Budget execution * Funds status reports * Cost performance analysis * Funds reconciliation * Labor/payroll support * Review and reconciliation of reimbursable customer accounts Current Performance Largo, Inc. currently offers the following services and performance targets/levels: * Process payroll on time 100% of the pay periods * Process payroll with 98% accuracy during all pay periods * Process all financial minutes with 98% accuracy Conduct 95% of all required audits on schedule * Submit 100% of budgets on time * Ensure compliance with generally accepted accounting principles Stakeholder Comments on Projected Requirements While never popular to displace a contractor that is performing well (unless Largo competes and wins the IOSS contract), the projected cost savings and process efficiencies that the pending IOSS contract offers justifies the transition costs and change management t hat will inevitably be required to implement this new approach.\r\n'
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