Project Management on World Trade Organization ministerial Conference of 2005

Official Summary The point of this report is to research the undertaking the executives viewpoints identifying with the World Trade Organisation’s (WTO) ecclesiastical gathering in 2005. This report subtleties the issues identifying with venture the board and the effect of the undertaking the executives rehearses on the result of the occasion. It distinguishes the key partners in the venture and the job they had in deciding the achievement/disappointment of the undertaking. This report further talks about the job of the administration and the viable group building and the executives aptitudes and the amount of an effect these had in the fruitful venture conveyance. Presentation The World Trade Organization (WTO) Sixth Ministerial Conference which is truncated as MC6 and prominently known as the Hong Kong Ministerial Conference was held between the thirteenth and eighteenth December, 2005 at the Hong Kong Convention and Exhibition Center. The complete pivot expected for the meeting was agents from around 148 nations over the globe. The Hong Kong People’s Alliance drove a dissent on the WTO which principally comprised of ranchers from South Korea. The three principle assigned dissent zones included Wan Chai Sports ground and the locale around Wan Chai Cargo Handling Basin. The all out financial plan for the clerical gathering was Hong Kong $250 million (WTO, 2005).BackgroundThe most elevated dynamic body of the World Trade Organization is the Ministerial Conference that meets at least once like clockwork. This clerical meeting furnishes the association with the heading and aides in the dynamic procedure (HKPA, 2006). The meeting held from thirteenth ⠀ eighteenth December 2005 is the 6th ecclesiastical gathering and was planned for settling on a choice about the advancement of ranch exchange and arriving at an understanding identifying with ranch appropriations . It additionally focused on effectively closing the 2006 Doha Round (Target WTO, 2005).The job of the task managerThe venture supervisor of the WTO gathering 2005 is liable for the accomplishment of the undertaking and furthermore guaranteeing that the partners connections are very much kept up and that all the partners can viably impart and share their thoughts regarding agrarian issues (Heydon, 2006). Given that the WTO pastoral meetings assume a significant job in the dynamic procedure and guaranteeing that multilateral exchange understandings are easily executed, the job of the task director can't be thought little of (Alam, 2008). This report examines the job of the undertaking administrator in setting up great partner connections and his job in the accomplishment of the project.Project Objectives and ScopeThe targets and extent of the 2005 HK WTO meeting was to build up: Market get to †decrease in the duty of products Domestic help †direct installments to be made to the ranchers and nearby makers Export Subsidies Services †evacuate limitations globally in different assistance segments and Singapore Issues †interest for straightforwardness parents in law, reasonable rivalry and so forth. (UN, 2005) The extent of the undertaking the board arranging exercises included course of action of scene, security and crisis, association of coordinations, overseeing media, planning and hazard and possibility arranging (Alam, 2008). Partner Analysis This segment of the report talks about the key partners in the HK WWTO 2005 gathering, partner investigation strategies to successfully speak with these partners so as to guarantee smooth correspondence. Partner Analysis is characterized as the action which examinations inside and out the mentalities of all the key partners towards a venture (Goodpaster, 1991). Different definitions by scientists (Freeman, 1984) incorporate ‘a gathering of people who can influence or be influenced by the accomplishment of the association objectives’.Key StakeholdersThe key partners of the WTO incorporate the part countries, the sellers, tradesmen, ranchers and different classifications of exchange affiliations, the media, the general population, overseeing bodies, the worldwide exchange network. It additionally incorporates everyone and open that are influenced straightforwardly or in a roundabout way because of the understandings and game plans made by the WTO Ministerial meeting panel (Alam, 2008).High Power , High InterestOne of the part countries that holds high force just as high enthusiasm for the World Trade Organization. There are an aggregate of 153 countries in the WTO and the USA draws in with different countries and plays an influential position in the WTO ecclesiastical. For example, USA assumed a key job in the Doha Conference and was accused both legitimately and in a roundabout way for holding up the discussions and the advancement of the meetings. Given the high force and intrigue it holds in the WTO, USA intends to help its fares. It assumes a significant job in the WTO dealings to upgrade its position in the WTO as a ‘leader’ and furthermore to utilize the chance to start chats with its exchanging accomplices like Japan and India. Given its capacity, most choices of the exchange adjusts are exceptionally affected by the United States (BBC, 2013).High Power, Low InterestHong Kong as one of the key individuals from the WTO was the host to the fifth pastoral meeting in the year 2005. In spite of the fact that being a key part, Hong Kong has not indicated a lot of enthusiasm for the exercises of the WTO and has not made any proactive strides in issue goals of the progressing issues of the WTO. Be it agribusiness or natural issues,Hong Kong stays to be a quiet observer by and large which unmista kably demonstrates the absence of enthusiasm for impacting the part states or controlling them to dynamic on explicit issues (BBC, 2013).Low Power, High InterestThe ranchers and the horticulture network worldwide have high enthusiasm for the exercises of the WTO as the exchange understandings that are arranged and settled upon have a genuine bearing on their vocation and concerns. There is a developing concern identifying with more pleasant exchange markets, food security and cultivating appropriations. Despite the fact that there is a great deal of intrigue appeared by the cultivating network, they don't have the ability to talk and consequently don't have the impacting capacity. The expansion in the self destruction paces of ranchers is likewise credited to the disappointment of WTO to comprehend their interests and the absence of straightforwardness and disparity in dealings of the WTO (Long, 2007; Shiva, 2014). Scientists likewise propose that there is an absence of comprehensio n from the WTO council individuals on the requirements of the ranchers and the choices made are not in accordance with their requests (Anderson and Martin, 2005).Low Power, Low InterestThe last sort of partners have the least force and are additionally not a lot of intrigued by the exercises of the WTO. The residents of Hong Kong for instance, have a place with this partner gathering. Given that the multilateral understandings are tremendous and complex, the specialists don't have the limit and ability to examine the subtleties everything being equal. Likewise, the specialists of a nation are not considered responsible for the exchanges and understandings marked. This causes them to lose intrigue given that they neither have the force nor the ability to impact the dynamic. Additionally there are limitations that restrict them from scrutinizing the position (Keohane and Nye, 2001; Scharpf, 2000). Partner Management Partner the board is basic for the smooth correspondence and working of an association and furthermore to guarantee that the targets of the association are accomplished. Partner the executives ought to be in accordance with the vital administration targets of the association and the sort of the partner that should be fulfilled ought to be considered relying upon the association type so as to guarantee that these desires are met. It is basic to initially distinguish the different partners, their job in the association, the dynamic position they have in the association and how much their thoughts or standards would influence the achievement of the association. Once these are recognized, it is basic to build up a partner the board procedure that is focused on fulfilling these partners as well as accomplishes the general target of the association (Freeman, 2001). In a multicultural association or where the association is immense and ranges across various landmasses and societies, the partner the board technique gets unavoidable. It characterizes the specialized strategies and helps understanding the do’s and don’ts in each geographic area. It likewise accomplishes straightforwardness in activities and encourages better interest of the partners in the dynamic procedure. More grounded business choices that are reasonable, long haul and moral are encouraged by a decent partner the board approach (Carroll and Buchholtz, 2014).Communication ManagementResearchers accept that not all partners of an association have equivalent significance. For instance, in a non-administrative association which is planned for helping individuals, the pubic may be the key partner rather than a business association which targets fulfilling the essential needs of the investors. Thus, in a different existence where the necessities of the associations contr ast, it is fundamental to comprehend the essential partners who should be fulfilled and devise a correspondence the executives intend to guarantee that the correspondence to these partners are made in close to continuous and in a successful way (Podnar and Jancic, 2006; Jacobson et al, 2009).Tuckman’s Communication ModelBruce Tuckman formulated a five stage correspondence model in the year 1975. These five stages incorporates: Framing Storming Norming Performing and Adjourning Framing: This is the place the pioneer gives the direction to the group and the underlying stage in the correspondence procedure. This is where the jobs and obligations are indistinct Raging: Brainstorming exercises occur, bargains occur, clearness increments and the colleagues get

EBay Marketing Case Study

EBay Marketing Case Study Teresa A. Cochran EBay has built up itself as one of the biggest and most well known web based exchanging destinations on the web. Created in 1995 by software engineer, Pierre Omidyar, eBay has developed hugely, making what may have portrayed as the ideal market. EBay spearheaded developing innovation as well as changed another plan of action with individual to individual online deals without obstruction of outside guideline. The online sale industry itself has developed massively since the 1990s, with a large number of Americans supporting themselves exclusively by selling stock online as one of the first web exchanging stages. EBay picked up reputation by having sensible costs and for having hard to track down things. It permits deals both locally and on a global level, with a different and lively gathering of individuals and autonomous organizations. Today, eBay associates a worldwide network of purchasers and venders through an excellent stage that interfaces individuals who, in any case would not be associated (Kotler Keller, 2012). By making a plan of action that depended on associations, the eBay stage offers a huge number of one of a kind things available to be purchased or exchange every day. EBays development and force has proceeded as people and private ventures found that eBay was a productive method to arrive at new clients and different organizations (Kotler Keller, 2012). EBay offers various items in countless classifications running from attire to vehicles, and the offering design places the shopper accountable for the exchange. However, why has eBay developed into a billion-dollar worldwide undertaking while other comparable locales have fizzled? Since its beginning, eBay is one been of the pioneers in web based business and has been fruitful in making an online network of purchasers and venders of for all intents and purposes anything possible. This contextual analysis will break down a few factors in the turn of events and extreme achievement notwithstanding instruments by which eBay interfaces with the market. An examination into these methodologies uncover that the development of eBays online sale stage can be ascribed to development in the web based business advertise, a creative way to deal with social cooperations, developing business sector patterns, solid feeling of network, and the guiding principle of the association have all added to the accomplishment of the organization. EBays situating articulation is The universes Online Marketplace, which is noteworthy for the companys perspective on its personality. The basic beliefs at eBay were to build up a culture of trust and fun. Among the variables that have been credited for eBays achievement have gone from the utilization of site to expanded client criticism, purchaser assurance, scope of things, serious costs and furthermore the capacity to arrive at a worldwide m arket. EBays effective development has been founded on their capacity to lessen hazard to the purchaser, limit disinformation, and upholding rights to property. By creating connections among purchasers and venders in an exchange a considerable lot of the issues around question, vulnerability, and collaboration are settled and try to ensure the two gatherings a fruitful trade. This trade fulfills both by parties by permitting the purchaser to control the greatest cost they are eager to pay and the vender can profit by expanded overall revenue and the efficiencies picked up by using an online stage. Purchasers can see things by dealer, area, condition or time staying in the closeout. As prove by the quantity of site visits every day, eBay seems, by all accounts, to be a productive route for people and all the more as of late organizations to sell stock (Kotler Keller, 2012). The association additionally controls exchanges its dealer profile and input gatherings. This type of rating and remark is connected to the merchants execution. Input has been credited as a significant factor for accomplishment of achievement. The individuals from the eBay people group can leave input or rate things purchased on eBay This sort of criticism empowers the two purchasers and venders to feel like and necessary piece of the association. EBays online individual exchanging network depends on the shared trust and regard. This makes an association between the two gatherings; consequently there is a shared reliance in all exchanges that supports the way of life of the eBay people group. Business connections among purchasers and dealers are urgent in the support of the business structure. These connections include issues in regards to consistence with formal or casual guidelines. As recently noticed, the plan of action used by eBay is one that depends on shared trust. The organi zation offers clients purchaser assurance on buys made by means of PayPal. In this manner, by individuals utilization of the PayPal installment framework, every part can be certain that their exchange is secured against trickery or being hoodwinked in any design. Assessment of eBay expense plan EBays business process makes a plan of action, which doesn't require the conveying of stock, yet rather has a lot of the net revenue from each exchange that it does (Mishra, 2010). This sort of charge structure in most generally alluded to as second degree value separation. This training alludes to the charging of an inclusion expense for every thing recorded and is intended to pull in merchants with higher deals volumes. Notwithstanding the posting expense, the merchants are charged a rate dependent on the last dollar measure of the closeout or get it currently posting. EBay likewise takes into account purchasers who buy merchandise in higher volumes. This technique pulls in an entrepreneur who might want to buy stock in mass yet doesn't have the assets to purchase from bigger discount appropriates. The conversation of whether the expense plan is ideal relies upon the merchants status in the commercial center. In light of criticism from venders, EBay has made huge updates to the charge plan for reaction to expanded rivalry in web based business. EBay has propelled another charge structure and motivators for dealers with an end goal to remain the most serious business stage (Rao, 2013). The rearrangements of the evaluating structure permits sellers to list things for nothing along these lines the two people and eBay storekeepers can build their net revenue. The posting expenses for the infrequent dealer are altogether different from those of intensity vender in that there is a distinction in the quantity of free postings. Little volume venders can list up to fifty postings month to month while power merchants can list up to twenty 500. This charge structure is ideal for littler volume dealers. These adjustments in the expense structure will profit bigger force dealers by limiting expenses charged to keep up their online store. In the more established expense structure, there were no free postings for stores (Rao, 2013). Different amendments to the expense plan incorporate putting together the last worth charge with respect to the things cost toward the finish of the exchange. Likewise with some other business customary or online business, an assessment and modification must be done routinely to their estimating structure to guarantee that it is gainful to both the merchant and the purchaser. EBay must keep on developing to stay serious in a various fragment of the shoppers who will be partaking in the online commercial center by means of new outlets, for example, Facebook Marketplace. This expense structure is been made increasingly ideal for purchasers and merchants yet will be a powerlessness as more customers use stages that don't charge an exchange charge, for example, Facebook and Craigslist. Whats next for eBay? Online sales have become an undeniably well known and proficient web based business strategy for encouraging the cooperation of Internet clients in exchanging exercises through adaptable estimating forms, advantageous access and the accessibility of a huge assortment of items (Cui, Lai, Liu, 2008). The progression of eBay business focus has formed into an overall business place since its dispatch in 1995. Current market designs exhibit that a long way from the basic grouping of individual to singular arrangements in order to be progressively forceful with other online retailers. A noteworthy number of the efficiencies that additional to the basic advancement of eBay, access to information, reducing geographic hindrances to online business are the result of the improvement of the web. EBay is presently as yet developing as an online closeout commercial center, with tasks in the United States, Europe, African and even Asian nations. There is such a huge enthusiasm for online business in this rapidly making world. eBay has a lot of inclinations if the drive continues with, this development could animate given eBays accentuation on online portion structures, for instance, PayPal, the climb of electronic long range informal communication and its thought on making markets. This will assist them with maximizing their odds to market and make different speculations that will upgrade the commercial center and help the venders develop their organizations (Kotler Keller, 2012). While finishing an assessment for whats next for eBay, advancement and proceeded with venture into lacking markets must consider. Interest for items to be accessible online is developing at a fast pace. Another viewpoint fundamental to proceed with progress is to assess the innovation used and center around development so as to stay serious in the quick paced online closeout showcase. EBay deals plunged when GOOGLE changed its calculation and eBay was no longer on the highest point of the indexed lists when individuals were shopping on the web (Rao, 2015). With electronic business developing quickly, eBay can use web based systems administration as a stage to expand deals. Online networking locales like Facebook Twitter and Instagram can be used as elevating redirects to pull in more customers for eBay. Closeouts can likewise be cross-advanced on nearby destinations, for example, Craigslist. Electronic long range informal communication empowers online customers to help the improvement of an online business. EBay could construct its client base by expansion and development current of associations and ventures a

A Simple Plan Essay Example | Topics and Well Written Essays - 500 words

A Simple Plan - Essay Example Toward the start of the story, Hank Mitchel in the organization of his sibling Jacob and Jacob’s companion called Lou are in Jacob’s truck. â€Å"†¦, Howdy, Hank, he stated, smiling. Jacob grinned at me from in the driver's seat. His pooch, a major, congested mutt, generally German shepherd, however with some Labrador tossed in on top, was in the back. It was a male pooch, however Jacob had named him Mary Beth, after a young lady hed dated in secondary school, his solitary sweetheart. He alluded to him as a she, as well, as though the pooches name had blinded him to his sex. I moved in, Lou pulled himself up behind me, and we supported our way down my carport to the street.† (p. 4). A fox crosses their way, and them three choose to pursue it. The fox drives them to finding a plane that had collided with the forested areas. After investigating and checking the plane, they locate a dead pilot and a sack of cash. Them three choose to keep the cash and offer it later when there could be no more discuss it. The three men found the cash together and if they were to share the money; at that point they ought to have done as such in equivalent extents. What followed demonstrated that Hank was an eager man, particularly for cash To begin with, Hank feels that the cash would not be sheltered on the off chance that they kept the entire aggregate. Subsequently, his better half informs him to take some concerning the cash back to the plane. They trust that that would assist them with waylaying doubt. While back in the forested areas, Hank executes a Mr. Pederson along egotistical lines. He knew inside him that Mr. Pederson would spill the key to people in general. Hank needed to get away from risk of having murdered an individual, so he sets up Lou by coercing him utilizing the cash. After Lou finds Hank’s aim, he gets disturbed and takes part in whine with him inciting Jacob to murder Lou. â€Å"†¦He didnt finish his sentence. There was a blast behind me, a glimmer of blue light followed immediately by a feeling of development over my left shoulder. I

An Impartial View of Division and Classification Essay Topics

An Impartial View of Division and Classification Essay Topics Things You Should Know About Division and Classification Essay Topics A division classification essay utilizes example that show the shape of a composition. Our classification essay topics should enable you to produce your own idea of what things to write in your essay. You are able to learn a bit more about classification and division, together with review your essay employing the links below. Our classification and division essay topics are presented here to assist you in the event that you don't understand what things to write about. There are lots of disciplines that you will need to write classification essays for. Aside from the mentioned above classification essay topics, there are lots of others which we may supply you with. Begin with an explanation of what the paper will categorize, the reasons to do so, and what exactly you intend to accomplish by the close of the writing. You may select any sample you like to view how a well-structured paper ought to be written. Paper clips could be utilised to hold the amount on the building paper too. It's important to not forget that every category ought to have a single base for classification. Classification is exactly like dividing things into categories. Finally, every category must comprise examples. The very first category ought to be the least important category. It's essential not to make too many categories all groups have to be equally important and equally related to your topic. As soon as you have categories, make sure they fit into the exact same organizing principle. To assist you with your choice what things to write, classification essay topics in many categories are provided below. The Basics of Division and Classification Essay Topics The organizing principle is the way you sort the groups. My objective is to help you with your studies at no cost. Rarely the work on the research papers go smoothly with no confusion, you might come to a standstill sooner or later or feel tension on account of the time limitations set. In the end, include the thesis statement where the key types or approaches that you're likely to study are indicated in. When choosing the one or making your own idea of the research work, pick the theme, which will make it possible for you to write about certain well-defined categories. Since you are going t o be called upon in order to categorize the more compact parts you have broken the bigger topic down into, you will also have to choose how you're classify the products. A good example is if you're writing about gadgets. Just about everything can be split into categories, but not everything can offer the material for an intriguing essay. Knowing the overall personality types and how to react to them will help make the caregiver's job a lot simpler and help in the relief of unnecessary stress. Everyone likes jokes, but not everybody can define what a very good joke is. Bear in mind, however, that the intent of dividing and classifying the more compact concepts is to help reach a larger comprehension of the larger subject. Regrettably, it's not sufficient to simply avoid talking to them. The Importance of Division and Classification Essay Topics Classification reports should get an introduction, a body, and a conclusion. Concrete details supply a very good presentation where we can observe unique classifications. On the flip side, finding differences between the items may also ensure the exact same. The subject is going to be defined by a wide area, and it's important to experience the region for identifying the several crucial elements which make up what it is. Gossip, Lies and Division and Classification Essay Topics Luckily essay writing is one particular location where you can. Don't forget that each and every statement you make in your essay has to be proved. It is critical that the essay doesn't appeal to the writer alone. The entire essay needs to be written in keeping with the thesis statement. Don't begin writing your essay with the start or ending, the most essential part is the middle one. It's also crucial that you are in possession of a well-developed thesis and utilize it to structure your paper in a more effective way. Make sure you learn how to reveal the heart of your topic and write a strong paper. The next step is to divide the subject into three distinct items within the wide category which you've already chosen in step one. In your conclusion, you should once more state the function of the report, even though it ought to be worded in a means that's different from the way that it was worded in the introduction. Otherwise, it's the right time to look for a new subject and start the procedure all over again. The pre-writing time may be used to develop a subject list, which will be in a position to help categorise each subject in a far better manner. If you're a college student, odds are you have recent knowledge in picking a college major. Some can feel the opportunity to investigate and explore a different topic will help them with an amazing learning curve. Nobody's actually interested why you've had bad grades for two or three semesters. Such examples are crucial, if you wish to earn the maximum grade. Top Division and Classification Essay Topics Secrets There are obvious differences in the kinds of vacation destinations people chooseand in how folks view vacation generally. Fortunately, if singing in four part harmony is something you like, properly recognizing choir members are able to make your time in church a bit more bearable, mainly because you're going to be in a position to sing in harmony. Therefore, if you discover yourself in a different church, I am only able to wish you best of luck, along with happy hunting. One of the most usual reasons people search for assistance with essay writing is they realize they're running out of time.

Who Invented the Jukebox

A  jukebox is a semi-automated apparatus that plays music. Its  usually a  coin-operated machine  that plays a persons selection from self-contained media. The classic jukebox has buttons with letters and numbers on them that, when entered in combination, are used to play a particular song. Traditional jukeboxes once were a significant source of income for record publishers. Jukeboxes received the newest songs first and they played music on demand without commercials. However, manufacturers did not call them jukeboxes.  They called them Automatic Coin-Operated Phonographs or Automatic Phonographs or Coin-Operated Phonographs. The term jukebox appeared in the 1930s. Beginnings One of the early forerunners to the modern jukebox was the nickel-in-the-slot machine. In 1889, Louis Glass and William S. Arnold placed a coin-operated  Edison  cylinder phonograph in the Palais Royale Saloon in San Francisco. It was an Edison Class M Electric Phonograph in an oak cabinet that was refitted with a coin mechanism patented by Glass and Arnold. This was the first nickel-in-the-slot. The machine had no amplification and patrons had to listen to the music using one of four listening tubes. In its first six months of service, the nickel-in-the-slot made over $1000. Some machines had carousels for playing multiple records but most  could only hold one musical selection at a time. In 1918, Hobart C. Niblack created a device that automatically changed records, leading to one of the first selective jukeboxes being introduced in 1927 by the  Automated Musical Instrument  Company. In 1928, Justus P. Seeburg combined an electrostatic loudspeaker with a record player that was coin-operated and provided a choice of eight records. Later versions of the jukebox included Seeburgs  Selectophone, which included 10 turntables mounted vertically on a spindle. The patron could choose from 10 different records. The  Seeburg Corporation  introduced a 45  rpm  vinyl record  jukebox in 1950. The 45s were smaller and lighter, so they became the main jukebox media for the last half of the 20th century. CDs, 33â…“-R.P.M. and videos on DVDs were all introduced and used in the later decades of the century. MP3 downloads and internet-connected media players came in the 21st century.   Rise in Popularity Jukeboxes were most popular from the 1940s through the mid-1960s. By the mid-1940s, 75 percent of the records produced in America went into jukeboxes.   Here are some factors contributed to  the success of the jukebox: During the 1890s, recordings had become popular primarily through coin-in-the-slot phonographs in public places.During the 1910s, the phonograph became a truly mass medium for popular music  and recordings of large-scale orchestral works and other classical instrumental music proliferated.In the mid-1920s, radio, which provided free music, developed.  This new factor, plus the worldwide economic depression of the 1930s, threw the phonograph industry into serious decline.During the 1930s, as American companies relied mainly on dance records in jukeboxes to satisfy a dwindling market, Europe supplied a slow but steady trickle of classical recordings. Today The invention of the  transistor in the 1950s, which led to the  portable radio​, helped bring on the demise of the jukebox. People could now have music with them wherever they were.

Essay about Research Methodology Report - 1448 Words

Research Methodology Report My themed research project will centre its focus upon the link between Riot Grrrl and its relation to Third-Wave Feminism. Primarily I aim to analyse Riot Grrrl’s music scene, but also its subculture mentioning its DIY punk ethic, political activism and most importantly its influential Zine network. However the purpose of this report is to demonstrate a grounded understanding in three research methodologies and how I will apply each one in regards to my own project. Firstly I’ll investigate the advantages of an Instrumental Case Study, looking at how it proliferates, rather than narrows a given field of study. Secondly I will delve into Symbolic Interactionism referring to some influential figures involved†¦show more content†¦With this in mind I will aim to use the movement as an Instrumental Case study. Theorist Stake offers the following definition of this form of research explaining that an instrumental case study presents the case as a subject of secondar y interest, and one that plays a supportive role to assist the understanding of something else. (2) Ultimately with the aid of my case study I can focus on the characteristics that defined the Grrrl movement and extract the key information from that era in relation to my question. Finally I must explain that I do not solely believe Riot Grrrl to thoroughly represent third-wave feminism, but rather a smaller part of a much greater collective. With regards to researcher Fredrick Erickson, the most distinctive feature of case studies and other methods of qualitative enquiry are there emphasis upon critical personal interpretation.(3) With this in mind I aim to be able to not only record data objectively but to simultaneously examine its meaning and draw upon my own conclusions. This can be of crucial importance when studying works that may have a biased edge to them. In my case, this primarily refers to information that I will extract from the influential Riot Grrrl Zine* network. Due to the very nature of Zine writing and manufacturing (in bedrooms and in secret at work) having the ability to take an autonomous view on the subject will prove vital in allowing me toShow MoreRelatedReport : Report On Research Methodology1068 Words   |  5 PagesReport on Research Methodology 1. Introduction: An introduction is the first step towards framing a technical paper and it plays a key role in explaining to the readers what exactly the report is about. An introduction should start with a brief introduction about the title and followed by explanation of the basic and important concept in that research paper in short and then follows the problem description. An introduction is just an outline of the research paper. 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This research try to explain which is the employer in Hong Kong prefer to hire, local students or mainland students. In addition, the reason of the employers chose the employees. From this research, the public can find out what is the most important element the employers in Hong Kong looking for. Literature Review The article ‘Internationalization of

The Water Babies by Charles Kingsley free essay sample

An in-depth examination of Kingsleys novel and his views concerning the treatment of children and his desire for social reform. In this paper the author examines the story of, ?The Water Babies?, by the English author, Kingsley and makes note of social conditions that existed in England at the time. The author examines some of the chapters closely and looks at Kingsley?s views on cleanliness and morals. The author makes note of the satirical comedy throughout and of Kingsley?s concerns about the treatment of children, and his desire for social reform. From the paper: The novel, charmingly and vividly told, is a work of art that was brought about by Kingsley?s concerns about the treatment of children, and his desire for social reform. Kingsley, a parson in the Church of England, a novelist, a Christian Socialist, a Protestant controversialist, poet, and an amateur naturalist managed to work every one of his life?s fondest beliefs and endeavors into Water Babies. We will write a custom essay sample on The Water Babies by Charles Kingsley or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page

Quality Management in Organizations

Introduction In manufacturing as well as the service industry, among the critical success factors includes building in addition to sustaining high performance in organizations. If an organization implements an effective quality management strategy, there is a significant likelihood that the organizational success will be underpinned.Advertising We will write a custom essay sample on Quality Management in Organizations specifically for you for only $16.05 $11/page Learn More Contemporary organizations have realized the significant number of benefits presented by incorporating an aspect of quality management. The profitability as well as the competitiveness associated with the modern organizations can be largely attributed to quality management. Antony, Escamilla and Caine (2003, p. 40) identifies quality management as an approach whose main focus is to improve, not only quality but performance as well in an effort towards meeting or even exceeding the exp ectations of the customers. Generally, quality assurance entails four major aspects, which include quality assurance, quality control, quality planning in addition to quality improvement. An organization that employs quality management tends to focus on quality and the way in which the quality can be achieved. Therefore, in quality management, not all the four aspects are utilized. Instead, only quality assurance and quality control are emphasized on (Antony, Escamilla Caine 2003, p. 41). Thesis statement The purpose of this paper is to review the manner in which quality management frameworks can generally contribute to the success of an organization. In addition to this, the paper will also focus on identifying and analysing critically how quality management frameworks are applied in an organization. This analysis will be based on management as well as technical systems. Further, the paper will access both the benefits as well as the problems that are likely to be encountered by a n organization with application of six-sigma quality management in the future. Discussion How quality management framework facilitates the success of an organization Foremost, in order to understand how this success comes around, the top management of the organization must ensure that they understand this concept fully. As such, quality management framework is a term commonly used in total quality management to refer to a tool used to facilitate the successful delivery of both products as well as services across the enterprise.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Guided by the quality management framework, an organization that has implemented total quality management in its system usually operates to its full capacity. On the other hand, an organization that has not yet realized the necessity of quality management does not operate to its full potential (Shenawy, Baker Lemak, 20 07 p. 442). Below are some of the ways in which quality management frameworks facilitate success to an organization. Standardization of processes An organization employing the aspect of total quality management is known to standardize the internal in addition to the external processes. This implies that quality management frameworks provide an allowance of increased efficiencies, that is, faster processes in addition to fewer costs, with regards to introducing new products to the customers. Further, the standardized processes add up to strengthen the techniques used in the supplier management. Moreover, standardized processes, through quality management, enable an organization to effectively control the robust costs. This implies that the overall profits of the organization will be greatly improved. PCI and security compliance In their research, Shenawy, Baker and Lemak (2007, p. 460) found out that quality management framework, when implemented, serves as a key success factor. The reason for this is that through it, an organization is able to ensure that the PCI in addition to security across the lifecycle of a project is entirely complied with. Defining the Lifecycle of a project to be undertaken by an entity helps in coming up with the most viable framework and as such; it helps greatly in implementing the robust security policy. This in turn guarantees success to an organization. When quality management framework is adopted by an entity while making use of artefacts, which have been designed specifically for robust security policy, it follows that there will be an achievement of meaningful improvements in the organization and this implies continued success. Fit for purpose processes Organizations implement quality management frameworks to ensure that the both the internal as well as the external processes are fit for use. The essence of quality management is continuous improvement of processes. This involves continuous checking of the processes and thereby identifying the cause of any flaw within the processes. Through this continuous checking, it implies that the processes will always be free from flaws and this in turn ensures that the processes are always fit for purpose. When an organization’s processes are always fit for purpose, there is no instance where questionable quality of products or under productivity will be reported and this guarantees success in addition to maintaining the competitive advantage of the organization.Advertising We will write a custom essay sample on Quality Management in Organizations specifically for you for only $16.05 $11/page Learn More Sufficiently robust processes Implementation of quality management frameworks ensures that the internal as well as the external processes of an organization are sufficiently robust. This means that the scope or the coverage of the production processes is extensive thus the organization is able to capitalize on any opportunities w hile identifying problems. Further, robust processes utilize the full capacity and potential of the organization while observing the quality and thus maximization of returns. This in turn helps the organization to establish itself among the most financially stable and hence attracting investors at the same time consolidating its credit worthiness status to the financiers. Burdensomeness An organization that has not realized the usefulness of quality management in most cases succumbs due to unproductiveness, inadequate quality as well as constant losses owing to burdensome processes. However, implementing quality management process minimizes or entirely wipes these burdens and hence restoring the competitiveness of an organization. How quality management frameworks are applied in an organization Quality management frameworks, when applied in an organization, entirely focus on the satisfaction of the expectations of the customers, detection of problems, commitment building in addition to promoting contribution of ideas from the employees for the purpose of decision making. Quality management frameworks applies several analytical tools including check sheets as well as statistical chards with an aim of collecting data regarding the activities practiced within the organization. Several techniques are used and these include; brainstorming, nominal groupings in addition to forming of consensus in an effort towards facilitating both the decision making process as well as the communication process (Juran 1995, p. 87). Several organizations have been practicing quality management framework application since it was discovered. However, this has been limitedly done. The process of integrating quality management frameworks not only do it enhance but complements the methodologies used in standard program and assessment model as well. These methodologies are indeed vital as they are considered as mechanisms necessary to establish the strategic directions for an organization . With model standards available, an organization is therefore provided with a rational method in which it can assess its stipulated goals in addition to its potentials with regards to products or service outcomes.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More An organization that applies quality management frameworks tends to put its entire focus on work processes. In this kind of a focus, several techniques are applied with an aim of improving the production process of the organization and these include both behavioural as well as analytical techniques. Application of quality management frameworks involve use of a series of flow diagrams and therefore aiding in identifying the steps followed in the production process of an organization. Further, the factors perceived to be the chief contributor to delays in the process are also identified. Apart from this, application of quality management frameworks allows an organization to not only identify but try various steps to improve the production process in addition to monitoring the results in an effort towards the attainment of improvements, which is continuous in nature. In this kind of an application, there is a fundamental challenge surfaced and this concerns the utilization of internal standards of performan and Lemak (2007, p. 471) established that, while the utilization of standards of performance is considered to be the initial point of total quality management, quality management process, which is continuous a continuous process, surpasses the conformity to standards of management. Application of quality management frameworks requires the top management conduct a systematic analysis of the entire work performed by the employees in and for the organization. During this analysis, the emphasis point should be the horizontal integration of both the services as well as products across the present program areas in the organization. The process improvement is usually based not only on processes but outcomes as well. An organization must exhibit that it has the capabilities of improving the problem solving capacity in a constant manner while making use of leverages such as performance standards during the process of improvement (Henderson Evans, 2000, p. 260). Applic ation of quality management frameworks requires that the intended change be based on both the needs as well as the desires of the organization’s customers as in addition to the needs of the employees involved in the entire organizational process. The application also requires that all personnel levels participate actively. Particularly, the application of these frameworks in an organization requires the top management respond to the ideas suggested by the participating personnel quite rapidly and in a thoughtful manner. The quality management framework’s application requires that the participating personnel have a clear in addition to precise understanding of the process of the work involved as well as how it relates to the larger system. It is necessary that there be an analysis of the process and it should be done in a rigorous manner. Also, evaluation of each and every activity should be done provided that the organizational process is ongoing. The application of th e framework further requires the recognition in addition to application of all the underlying psycho-social principles which, according to the findings of Wyper Harrison (2000, p. 720), affects individuals as well as groups in an organization. Quality management frameworks require the acceptance of the fundamental assumption that most problems faced in organizations does not arise out of errors by employees but due to the inability of the system, which the entire personnel of the organization must function within, to perform sufficiently. While model standards put strategic production outcomes objectives as the major focus in addition to stakeholders as the ultimate organization clients, quality management frameworks are used to examine each and every link in the production process involved in order to attain production objectives (Sila 2007, p. 100). In the application of quality management frameworks, the main challenge to the top management team is to spend both time as well as energy extensively rather than assuring adherence to stipulated performance standards in an effort towards facilitation in addition to assurance of continued improvements with regard to the various interrelated production processes that are the duties of the various departments in the organization (Henderson Evans, 2000, p. 275). Six-sigma approach to quality management Six-sigma, as used in quality management, is used to describe a measure of quality known to drive an organization to reach near perfection state. Usually, it is an approach, which is disciplined in addition to being data driven. Further, it entails methodologies through which defects and flaws in a process are eliminated. Wyper Harrison (2000, p. 727) acknowledged that six-sigma approach to quality management involves an aspect of quality management that is project driven in an effort towards improving both the products as well as the services of an organization in addition to processes used in producing them. The approach focuses entirely on reducing the defects in an organization in a continuous manner. It is referred by many analysts as a business strategy that advocates the improvement of understanding of all the customer requirements. Further, the approach also tends to focus on improvement of a business system, the productivity of the business and the performance especially the financial performance. Benefits, obstacles, and future of six sigma application Benefits The benefits of applying six-sigma approach to quality management vary with different sectors. Manufacturing sector Application of six-sigma approach to quality management causes both savings as well as reduction of defects in several processes. For instance, it causes a great reduction of defect levels in the manufacturing process. With regard to aircraft integration systems, the time allocated for the maintenance of the depot is also ideally reduced. In organizations involved with leasing business, the turnaround time spent at repair facilities are also reduced significantly (Lin 2007, p. 315). For businesses involved with shipments, the time for concept-to-shipment cycle is also reduced. Financial sector For businesses in the financial sector, application of six-sigma quality management leads to increased savings (Lin 2007, p. 320). Health sector The principles of six sigma approach to quality management match absolutely well with health care service. This is because; health care encompasses an aspect of zero tolerance with regard to mistakes as well as medical errors. Engineering and construction field Implementation of six-sigma approach to management leads to savings in this sector. These savings are realized due to the effective identification as well as prevention of reworks and defects in each and every construction process ranging from designing to on-time delivery of the payrolls to the employees (Gloet 2006, p. 405). Research and development In the research and development sector, the goals mainly focused include reduction of costs and speed to market increase in addition to the improvement of research and development processes. In order to identify the degree of the effectiveness of six-sigma, it is necessary that the organization puts a focus on reviews, which are data driven, as well as integration of research and development into the stipulated work processes among other focus aspects. Problems There are several problems associated with implementation of six sigma approach to quality management. Problems in strategy For a considerable time, six-sigma has been under criticism and subject to controversies. Indeed, some critics call it Quality management on steroids. Critics argue that there is nothing innovative new ideas advanced by the approach. Instead, it is only a rendition of traditional techniques associated with quality. Indeed, this kind of an approach is not really the answer to the entire diverse issues that face a business. In order to ensure that the app roach is sustainable for a considerable period of time going into the future, an organization must not only analyse the approach’s strengths and weaknesses but accept them as well. Problems in the culture of an organization Rather than just concentrating on monitoring quality at the manufacturing phase, there is a need to embed quality concept into the designing phase. In quality management, change of organizational culture is the most important point to consider since it waylays quality into planning (Evans Lindsay, 1995, p. 59). There is no point of addressing only those issues that can be easily corrected and then claim that six-sigma approach to quality management is viable. Indeed, this is a clear deception. There is a big likelihood of failure for those organizations whose management has not fully understood the problems of the approach. A strong commitment in addition to support as well as leadership exhibited by the top management team are among the vital considerati ons to effectively deal with cultural differences or issues, which are largely associated with the implementation of the six-sigma approach (Evans Lindsay, 1995, p. 55). Issues evident in training In the implementation of this approach to quality management, training serves as an essential aspect. Indeed, it should be incorporated as part of an integrated approach during the implementation process. The training program ought to be customized in order to have both the managerial as well as economic benefits incorporated. According to the findings of a research conducted by Johnson Swisher (2003, p. 12), it was established that challenges that surface during the implementation of six-sigma projects are responsible for the selection of employees identified by having less capabilities. Conclusion From this analysis, it is evidently clear that the aspect of quality management, if implemented in an organization, plays a significant role in ensuring that the organization maintains its co mpetitive nature while enjoying superior returns on investments, that is, profits. In order to comprehensively in addition to successfully implement quality management so that the underlain benefits can be realized, the organization should be centered on the customer while accepting the fact that employees are not a means to an end but rather assets to the company. Focus on the customers can only be done through ensuring improvements throughout the organization and therefore deriving quality which a customer desires (Antony, Escamilla Caine 2003, p. 42). Quality management entails improvement of the production process. As such, according to this analysis and as Johnson Swisher (2003, p. 15) found out, it is only through detection of flaws in the production process that improvements can be made. He further assets that the detection of problems should be a continuous process and ultimately, a great deal of quality will have been ensured and the benefits of quality management will ha ve surfaced. References Antony, J, Escamilla, JL Caine, P 2003, ‘Lean Sigma’, Manufacturing Engineer, Vol. 82 no. 4, pp. 40–42. Evans, JR Lindsay, WM 1995, The management and control of quality, West Publishing, New York, NY. Gloet, M 2006, ‘Knowledge Management and the Links to HRM Developing Leadership and Management Capabilities to Support Sustainability’, Manage. Res, Vol. 29 no. 7, pp. 402-413 Henderson, KM Evans, JR 2000, ‘Successful implementation of six sigma: benchmarking general electric company benchmarking’, An International Journal, Vol. 7 no. 4, pp. 260–281 Johnson, A Swisher, B 2003, ‘How six sigma improves RD’, Research Technology Management, Vol, 46 no. 2, pp. 12–15. Juran, JM 1995, A History of Managing for Quality, ASQC Quality Press, Milwaukee, WI. Lin, HF 2007, ‘Knowledge sharing and firm innovation capability: an empirical study’, Int. J. Manpower, Vol. 28 no. 4, pp. 315-3 32 Shenawy, EE, Baker, I, Lemak, DJ 2007, ‘A metal-analysis of the effect of TQM on competitive advantage’, Int. J. Qual. Reliability Mange, Vol. 24 no. 5, pp. 442-471 Sila, I 2007, ‘Examining the effects of contextual factors on TQM and performance through the lens of organizational theories: An empirical study’, American Journal of Management. Vol, 25 no. 1, pp. 83-109 Wyper, B Harrison, A 2000, ‘Deployment of six sigma methodology in human resource function: a case study’, Total Quality Management and Business Excellence, Vol. 11 no. 4, pp. 720–727. This essay on Quality Management in Organizations was written and submitted by user Sage to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

13 Electric Vehicle Conversion Companies

13 Electric Vehicle Conversion Companies Fuel is expensive, but one way to eliminate stops at the pricey pump is to go electric. An electric vehicle (EV) conversion is a procedure that involves modifying a petroleum fuel-powered vehicle into an all-electric vehicle. If your commuting needs and lifestyle are such that you can go electric with one or more of your vehicles, here’s a list of companies to get you started. Depending upon where you’re located, there may or may not be one of these companies within a reasonable distance. If youre not within driving distance, choose a company on this list that will sell you the parts for a DIY conversion, or hire a reliable mechanic to do the hard work for you.   Companies That Offer DIY Conversion Kits Canadian Electric Vehicles Ltd.  CEV was established in 1991 to convert internal combustion engine vehicles to electric power- including heavy-duty diesel truck conversions for the airline industry. In addition to selling conversion kits for many vehicles, they offer components for modifications and offer custom-build options. Their customers include governments, industrial companies, and private individuals. Conversion Companies Clean Ride Electric Vehicles  Located in Minnesota, this company restores and electrifies classic VW beetles from top to bottom. They replace the internal combustion engine and fuel system with an electric motor and 6 12-volt lead acid batteries and upgrade standard components. These all-electric VWs offer a 20- to 30-mile range with a top speed of 50 mph.EVPorsche.com  Located in West Palm Beach, Florida, and Los Angeles, CA, this company can convert any vehicle to all-electric power but specializes in Porsche sports car conversions due to their dependability, lightweight design, and engineering. They offer a wide variety of battery, range and model configurations to meet driving styles and needs. Speeds for their EVs: 0-60 in about 5 seconds or even faster with 2 motors and series to parallel switching.Eco-conversions  This company specializes in converting regular gas burning cars into clean electric machines- they have zeroed in on luxury vehicles with their benchmark, the BMW 8-Series, aiming to â€Å"shatter the image of the traditional electric car.† They recently partnered with eVionyx, an American company that has developed superior charging nickel-zinc batteries. Electric Vehicle Systems – Based in New Underwood, SD, this company offers complete repair services for all-electric vehicles, using the latest technology. According to their website, most repairs of a two-wheel electric scooters run $45. Call them to learn more.Electro Automotive – Located in Felton, CA, Electro Automotive was founded in 1979 as a single source for quality conversion components. According to their website, Electro Automotive â€Å"believes in electric vehicles built to live in the real world.† They are all about EVs that are simple in design, easy-to-use, reliable, affordable and practical.Electric Vehicles of America (EVA) - EVA provides free detailed calculations for specific all-electric applications, from industrial, on-road electric car or truck, off-road EV or boat. They also offer free technical papers on safety, batteries and conversion details, in addition to system design, supplier data and drawings, installation manuals and videos. Lo cated in New Hampshire.EV-Blue/Electric Blue – Based in Kansas, this company will convert any gasoline burner to electric- you supply the vehicle, they do the conversion. Their basic option includes a 144V battery and charger for $11,000. AC, heat and power steering are extra. Call or email for additional details. EV Source LLC - Located in Logan, UT, this company provides high-quality electric vehicle components to the high performance, high voltage EV conversion market. From speed controllers, fuses and breakers to assembling your own conversion kit, they know how to help you go all-electric.Green Motors Inc.  - Based in northern Arizona, Green Motors converts standard vehicles to electric power, in addition to servicing, maintaining and refurbishing all types of electric vehicles. They offer service support for the DIYer, plus sales of parts. Visit their products page for a current list of available vehicles.Metric Mind Corporation  - Based in Oregon, Metric Mind Engineering (MME) is an international company that supplies high end AC drive systems and other EV components. According to their website, MME is a single source of all the main electronic hardware necessary to complete an EV conversion.†REVOLT Custom Electric Vehicles LLC  - This company provides design, building and m aintenance services for electrical vehicle conversions in the Austin, TX area. Wilderness Electric Vehicles  - Located in Utah, this company specializes in electric car conversions. You supply the vehicle- they provide the conversion in 3 to 4 months. They also offer a variety of kits to convert to electric. Call or email for additional details.

Martin Luther King Jr I have a dream Essay Example | Topics and Well Written Essays - 250 words

Martin Luther King Jr I have a dream - Essay Example While his oratory skills are legendary, how did King establish credibility with this particular audience? By invoking Abraham Lincoln and the Emancipation Proclamation, he reminds the audience of its history and the promises still to be realized. He also discusses how the Constitution and the Declaration of Independence address the rights of every American, not just certain segments of the population. By doing so, he unites his audience with a common cause that reflects on every citizen. From the standpoint of establishing character, it is clear that he is passionate about the subject and pulls the audience in with both the poetry and practical approach of his words. He gains their respect by addressing the reasonable points of his argument and reminding them that change must be found on â€Å"the high plane of dignity and discipline.† The speech is very charismatic, evident by the way in which the audience responds to King’s words. Eye to eye with the audience, his command is powerful; it is indeed like a minister speaking to his congregation. As the speech progresses with greater energy and rhythm, the audience is engaged in an almost shared religious experience. King appeals to the audience both emotionally and intellectually. He tells them that the struggle for equality involves everyone. By reminding his audience that we are all bound together and referencing various parts of the country, he strengthens his argument. When he says â€Å"We cannot walk alone,† King is reinforcing a sense of community and faith in the goodness of Man. Therefore, he makes those that disagree seem divisive and beholden to the past. I believe his main point involves taking the lessons--and promises--of the past and using them to build a future that has no regard for the color of one’s skin. Speaking of hardships, unity and hope, he makes clear the urgency of his

Explain the Scientific Management Approach with reference to Henry Essay - 1

Explain the Scientific Management Approach with reference to Henry Fayol and Frederick Taylors principles of management - Essay Example tation of science was basically targeted at manufacturing industry and other regular responsibilities, in order to improve productivity and competence from top to lower echelon of leadership. On the one hand, Taylor suggests that the development of proven practices need to be anchored on comprehensive observation of business processes, and on thorough training and recruitment of the most qualified of workers, because by doing so, organizations will be guaranteed smoother processes and more profit (Maqbool, Zakariya, and Paracha, 2011). In light of this, Taylor summarised his approach in four principles namely: a) scientific creation of work processes; b) scientific selection and training of workers; c) enlightening workers on the benefits of scientific management; and d) specialization of employees (Taylor, 2013). All of these strategies are aimed at improving productivity and better gains in organizations. Taylor (2013) argues that developing a scientific system of work eases the measurement of employee output. With these analyses, positive adjustments could be affected to the equipment and workstation programs used by employees, which would eventually enhance efficiency and productivity of business. Scientific recruitment and preparation of workers to weather various workplace challenges helps to realign divergent employee aptitudes, and fit them to their respective job. In light of this, the role of management would translate in to selecting the most qualified of employees for a particular job, and training the candidates scientifically to enhance their productivity (Maqbool, Zakariya, and Paracha, 2011). For instance, a high school that is in need a graduate teacher specialised in specific subjects, would recruit such an individual from a pool of applicants, and train him or her on the best ways to relate well with students, fellow members of staff, parents, school clinicians and the immediate community to ensure they fit in the new workplace

Tesla Motors, Inc. Financial Analysis Essay Example for Free

Tesla Motors, Inc. Financial Analysis Essay Tesla Motors, Inc. was founded in early 2003 by a group of Silicon Valley engineers, incorporated in Delaware on July 1 of the same year, and is now headquartered in Palo Alto, California (â€Å"Tesla- Investor†). The company designs, develops and manufactures electric vehicles and electric vehicle powertrain components. Tesla also provides the same services and powertrain components to other manufacturers of electric vehicles (Analysts Corner 2). Tesla Motors is best known for producing the Tesla Roadster, an all electric sports car released in 2008, with outstanding performance results (â€Å"About Tesla†). Tesla has developed a unique marketing plan that differs from the traditional automotive industry by marketing and selling its products over the internet and through a global network of 32 stores that are owned and operated by Tesla. The company has 2,964 employees and has electric vehicles on the road in 37 countries around the globe (â€Å"About Tesla†; Analysts Corner 2). On June 29, 2010 Tesla Motors Inc. became the first American car company to go public since the Ford Motor Company in 1956. The company offered 11.8 million shares priced at $1 above the initial offering at $17. The IPO was so successful that Tesla offered an additional 20% equity in the company by increasing the offering to $13.3 million shares to meet demand. The company raised a total of $226 million, the stock price soaring up 41% to $25 a share on opening day (Andrejczak). Today, Tesla Motors Inc. (TSLA) is traded on the NASDAQ stock exchange at a price of more than $180 a share. The stock has grown over 800% since its IPO and now Tesla has a market capitalization of over $22 billion. This impressive increase in stock price may come as a surprise to many investors due to the company’s earnings, or lack thereof. Given the current economic conditions, the relatively new market and existing competition; the Tesla stock price is grossly overvalued. Tesla produces an outstanding product with an outstanding price tag. The new Tesla S was designed to compete in the luxury sports car arena along with BMW, Mercedes and Audi. Tesla has estimated that 21,000 Model S will roll out of its production facility in 2013 at a sticker price between $70,000 and $100,000 (Seetharaman; Finger). This year, Mercedes will sell 25,000 luxury sedans in that price range to U.S. consumers and BMW just slightly less than Mercedes (Finger). Tesla has estimated it will produce 40,000 Model S next year, almost twice the number of BMW’s sold in that price range. In the post recessionary economic climate of 2013, there is not a strong demand for vehicles in this price range, even with the $7500 tax credit offered to consumers. The Tesla Model S is still out of reach for most Americans. There are more reasonably priced alternatives in the EV market such as the Nissan Leaf and the Chevy Volt, but sales have been sluggish (Stammers; Alpert). General Motors recently â€Å"announced a $5,000 formal price cut for the Chevrolet Volt plug-in hybrid† and Chrysler has opted to stay out of the EV market until â€Å"dragged there by consumers† (Buss). Since the key to the future profitability of Tesla Motors is in the mass production of an affordable EV, demand for the product becomes paramount. As Dale Buss, an automotive industry journalist explains; It’s one thing for Tesla to sell nearly 1,500 Model S a month at about $70,000 apiece in the U.S. market these days; when Elon Musk’s startup attempts to penetrate the lower part of the EV market with its own model, success will be a lot harder to come by. (Buss) Tesla intends to meet that challenge with the 2016 release of the Gen. III., a Tesla EV with the range of a Model S, but half the price. The 200 mile range of a Tesla EV is what gives it a competitive advantage over other more affordable EVs, but at the cost of additional batteries (Alpert). The added cost of the batteries makes the target price next to impossible to reach, but necessary in order to avoid the fate of other affordable EVs, such as the Volt. So, rather than realize their goal †to accelerate the world’s transition to electric mobility with a full range of increasingly affordable electric cars†(â€Å"Tesla Improves†), Tesla Motors is â€Å"helping create a highly bifurcated segment where only expensive EVs can achieve a feasible volume† while pushing affordable EVs and its own profitable future further out of reach (Buss). Tesla Motors CEO, Elon Musk, maintains that there is still adequate demand for the Model S and that the company has received 10,000 orders in North America alone. The truth of the matter is that the true demand for EVs remains to be seen. In May of 2013, Tesla shocked analysts when it â€Å"stopped disclosing its end-of-quarter order backlog which might have shed light on the issue after previously trumpeting a 15,000-unit reservation list† (Alpert). Many of Tesla’s orders were cancelled due to the company’s price increases on options for the Model S, which added an average 8%-9% to the overall price and stirred up numerous customer complaints on the Tesla website blog (Finger; Blanco). Many consumers are interested in reducing CO2 and reducing our dependence on fossil fuels, but simply cannot afford the more expensive alternatives. In an attempt to make Tesla vehicles more affordable and increase sales; Tesla Motors has partnered with U.S. Bank and Wells Fargo Bank to provide financing to qualified Model S customers that includes longer terms, lower payments and the Tesla resale guarantee. â€Å"Buying a Model S through the Tesla financing offering now comes with a guarantee that the resale value will be higher than that of BMW, Audi, Mercedes, Lexus or Jaguar† (â€Å"Tesla Improves†). The guarantee is personally backed by the CEO of Tesla Motors â€Å"to give owners complete peace of mind about the long term value of the product† (â€Å"Tesla Improves†). Elon Musk, Tesla’s chief executive described the financing program during an interview; If our car was chiefly available for purchase and not by financing, I think thats maybe accessible to roughly 1 million US households. A financed product with the right financing-fully optimized financing, I think its probably accessible to the top 10 million households. (Seetharaman) Musk went on to report that since the finance program was implemented, the company has experienced â€Å"a meaningful increase in demand† that he estimates to be about 30,000 cars a year in North America (Seetharaman). There is little doubt that the Tesla financing program has boosted sales. â€Å"In the second quarter 30 percent of sales fell into this category† (Finger). Amazingly, against generally accepted accounting principles (GAAP), Tesla records the entire amount of the payment it receives from the bank as  revenue. The bank pays the full amount of the car price to Tesla, but after the 3 year lease agreement ends, Tesla pays the outstanding balance of around $46,000 when it takes the car back as part of the buy-back guarantee. According to GAAP, the $46,000 would be a debt until the bank has been paid. This method of recording debt as revenue makes Tesla look more appealing on the books. Meanwhile, Tesla builds up an expensive and costly inventory of used Model S sedans as it works hard to convince consumers that the model S should be replaced, which effectively lowers the value of their own used inventory. The buy back guarantee has the potential to become a serious liability for the new car company. In an effort to promote the use of cleaner technology and improve the air quality in the state of California, law makers there have implemented a program whereby automobile producers can earn credits for every zero-emission-vehicle (ZEV) and partial-zero-emission-vehicle (PZEV) brought to or sold in the state. Manufacturers can only sell a certain amount of vehicles that don’t fall into this category. The manufacturers then have the option to purchase more credits from other companies in order to continue selling vehicles in California. Tesla earns credit every time the company sells a Model S and these credits are sold to competitors. It has been estimated that for every Model S sold, Tesla receives between $25,000 to $35,000 worth of these credits and could contribute about $188 million in revenue for 2013 (Isidore). This year Tesla Motors Inc. reported its first profit in the first quarter and â€Å"better than projected earnings† for the second quarter (Isidore). A closer look at the source of that revenue reveals that it did not come from sales of vehicles, but actually from the selling of zero-emissions-credits. Tesla sold a total of $68 million worth of the credits, 12% of its total revenue in the first quarter (O’Brien). Despite the source of the income, Tesla Motors stock price rose 17% when the quarterly report was released (Seetharaman). Another contributing factor to the run-away stock price is that historically Tesla stock has been a favorite amongst investors for shorting. One analyst at Barron’s reported that as much as 45% of Tesla outstanding shares were shorted until the first quarter earnings were released (O’Brien). When the  stock began its climb, the short sellers were forced to buy back at higher prices than they had hoped to, which effectively drove the market price higher. Investors also responded favorably to the news that the Model S won The Car and Driver Magazine’s Car of the Year for 2013 and again when the Model S earned the highest score ever given to an automobile by Consumer’s Reports (O’Brien, Finger). The forward price earnings ratio for Tesla Motors is in the neighborhood of 170. A high price-earnings ratio suggests that investors are expecting future growth and earnings. An exceptionally high P/E is indicative of a speculative bubble and overvaluation. Market Capitalization for Tesla Motors Inc. has doubled within the last couple months and is now over $22 billion. The value of an enterprise for profit is dependent on what it can produce or profit from moving forward into the future, and in doing so increase the wealth of the ownership. Tesla Motors will produce roughly 20,000 cars this year and plans on doubling that output for 2014. That makes every car Tesla produced this year worth $1.1 million of stock. Compare that number to â€Å"luxury automaker BMW that has a market cap of$52.79 billion on global sales of 1.85 million cars or $28.53 thousand per car. Mercedes Benz produces cars at $43.4 thousand per car using the same calculation (Finger). Tesla will have to produce hundreds of thousands of vehicles to support a stock price even half of what it is currently. With the limited amount of demand at the current price, the stock can soar as high as the market will allow it, but the price will have no foundation and will eventually crumble down. The over-valuation leaves Tesla poised for a buyout or takeover by a larger manufacturer. Tesla Motors is obviously good at what it does. The technology developed by the company is being used by other more established automobile makers, such as Toyota and Daimler. The problem with specialization is that it leaves a company, especially a large one, vulnerable to changes in technology, market shifts and consumer sentiments. Tesla has all of its eggs in one basket. A significant shift in the market, a radical change in technology or even consumers warming to the hybrid concept before taking to the electric one; would be the end for the new car company. It seems that Tesla has nothing to fall back on, no contingency or alternate plan. Although Tesla has taken the electric vehicle to new heights, the technology is not break-through and the concept is not mind blowing. The whole package is a winning combination, in a small segment of the market. The company may be headquartered in California and founded by geeks, but it is still an automobile producer. The automotive industry is dominated by an oligopoly of corporations that historically have been successful at weeding out smaller companies just like Tesla Motors. The competition is fierce and the pockets are deep, economies of scale are a reality in automobile manufacturing. The patents and proprietary technology that Tesla holds right now will be meaningless in a matter of a few years, or several months. If the demand for electric cars increases significantly, Tesla will be forced to compete. Without the differentiation that Tesla has now, the company doesn’t have much of a chance. Tesla has a challenging future; in order to survive it must lower its costs and crank up production. The niche market of wealthy movie stars that want to be seen in a Tesla Roadsters isn’t going to get them there. The high price people are willing to pay for their stock isn’t going to either. Tesla Motors Inc. produces amazing all electric vehicles that are sporty, luxurious, and state of the art. The company’s CEO and spokesperson, Elon Musk is an innovative billionaire, who is enthusiastic, confident, and as cool as the Tesla Roadster. The company has turned the automotive industry upside-down and investors want a piece of it. The stock price is just waiting for another promising news story or SEC filing to soar even higher.†Tesla is, according to all the critics, an incredible car, but it is a company held together with financial bubblegum† (Finger). The only question is when will the bubble burst? Works Cited About Tesla Motors. Teslamotors.com, 2013. Web. 23 Sep 2013. . Alpert, Bill. Recharge Now!. Online.barrons.com, 2013. Web. 24 Sep 2013.

The Reasons For American Economic Prosperity In The 1920s :: essays research papers

Why was there economic prosperity in American in the 1920’s? I know that America on it’s surface was prosperous during the 1920’s. I know this because of the physical signs, and the evidence I have found supporting this concept. Some of the physical signs of the then prosperity are evident today, like the skyscrapers and Empire State building. There were the inventions of manufactured fabrics and materials such as Bakelite, artificial silk and Cellophane. Airlines carried almost half a million passengers a year, which compared to Europe at the same time, was a massive number of people. In this essay I will analyse all the reasons behind the economic prosperity in 1920. World War 1 assisted America’s latter prosperity. Throughout the war American industry benefited, because countries that couldn’t buy goods from Europe, did so from America. And along with this Europe bought products from America, products that they weren’t producing while they were fighting. Furthermore, during the First World War, American banks lent money to their European Allies. In the 1920’s, this was being paid back with interest. The war had also led to advances in technology, such as mechanism and manufactured materials. Production of Iron Ore, coal, petrol and wheat and exportation of chemicals, wheat, iron and steal all had increased considerably by the end of the war. By the end of the war, America had decided to isolate itself from the problems of Europe, and set itself about making the most profit in business. This isolationism built up the confidence of the American people. An increase in personal wealth, demand and output production all helped America’s prosperity. Banks were eager to lend money to businesses and individual’s. With this easy money, and the introduction of hire-purchase schemes, the demand for products increased. Consumer spending was incredibly high, which is reflected in the statistic that in 1920 there were 312 department stores, and by 1929 there were 1395. There was a consumer boom. Business profits rose by 80% during this period, which in turn raised share dividends by 65%. Also some women had continued working as they had done through the war. Both of these elements contributed to giving people again, more money to spend. However, the availability of money was not the only reason for increased consumer spending. New inventions such as vacuum cleaners, refrigerators and washing machines became available, and advertising over the popular radio encouraged consumers to spend more on everyday products.

Louise Essay

The story is entitled by a woman’s name, therefore it gives a foreshadowing that the story will be about a woman or a girl named Louise. The first sentence begins with the personal pronoun I, which means that the story is written in the first person. Thus, taking into consideration that the author is a man, even before the reading, it is possible to suppose that the story will be about a woman who has left a great impression about herself. Usually it is a good impression even if it is about a one-way love. That’s why from the very beginning the story has surprised me much, because it begins with the sentences: â€Å"I could never understand why Louise bothered with me. She disliked me and I knew that behind my back she seldom lost the opportunity of saying a disagreeable thing about me.† Such statement (she disliked me) is a challenge for a curious reader and makes him read up to the end and find the reasons. Having read the story â€Å"Louise† I can say that the main theme of it is the relationships between people. The problem which the author raises is that some people can play on their neighbours’ feelings very easily. They use any possibility to do it. In case of the main character, Louise, it is her mystic heart disease. She could convince everybody, including herself, in its existence and there have not been any attempts to argue, before the narrator has done it. He tells the story in an ironic way, but at first it is a hidden irony. He does not comment on the events, he just presents them. For example, while Louise’s first husband Tom Maitland wants the narrator to believe in her bad condition and for that oxymoron â€Å"she’s dreadfully delicate† and metaphor â€Å"her life hangs on a thread† are used, the narrator brings the proofs of an absolutely different state of things, using the antithesis in parallel constructions: â€Å"I had noticed that if a party was amusing she could dance till five in the morning, but if it was dull she felt very poorly and Tom had to take her home early.† In such way, without any remark, just using antithesis in order to show how Louise’s words contradict her actions, the author shows the irony of the situation: â€Å"Of course it will kill me,† she said – It didn’t kill her.† â€Å"Her friends asked her why she did not marry again. Oh, with her  heart it was out of the question, she answered – A year after Tom’s death, however, she allowed George Hobhouse to lead her to the altar.† The uttered represented speech shows the way of Louise’s usual behavior and produces the necessary effect on the reader. And even that fact that she always repeated to her husbands that she wouldn’t live long and the fact that she â€Å"outlived† both of them produces an ironic effect. I think, it is possible to say that all Louise’s life is one big antithesis, because she has lived more than forty years softly making other people do what she wants but constantly repeating â€Å"I hate the thought of anyone sacrificing themselves for me.† All people who surrounded her describe her with such epithets: â€Å"a frail, delicate girl with large and melancholy eyes†, â€Å"dreadfully delicate†, â€Å"the most gentle wife† and no one has ever thought that it was just a mask. Only the narrator has mentioned the possibility of its existence: â€Å"Perhaps she knew that I alone saw her face behind the mask and she hoped that sooner or later I too should take the mask for the face.† And only at the end of the story he reveals his true attitude to her. He expresses his irony about her behavior openly and says: â€Å"I think you’ve carried out a bluff for twenty-five years. I think you’re the most selfish and monstrous woman I have ever known. You ruined the lives of those two unhappy men you married and now you’re going to ruin the life of your daughter.† Again the antithesis is used. Firstly the narrator himself describes her as â€Å"a frail, delicate girl with large and melancholy eyes† and then from his own words she appears to be â€Å"a selfish and monstrous† and even â€Å"a devilish woman†. Only now it is possible to answer why â€Å"Louise bothered† with the narrator. Only he has seen her real face. The plot structure of the story â€Å"Louise† is as following: 1. There is no exposition. The development of the action begins from the first sentence: â€Å"I could never understand why Louise bothered with me†. 2. The rising action is almost the whole story 3. The climax is in the last dialogue between the narrator and Louise. 4. The falling action is a wedding of Louise’s daughter 5. The denouement is Louise’s death.  The elements of plot are ordered chronologically. The line of narration is straight. There are two main characters: Louise and the narrator himself, where Louise is an antagonist and the narrator is a protagonist. There are  also some flat characters such as Tom Maitland, the first husband of Louse; George Hobhouse, her second husband, and her daughter Iris. Making a conclusion, I want to say that this is a true to life story, which can happen anywhere (the author does not even point to a place where the actions have been developing). To my mind, he decided to write this story because Louise really had impressed him much. It seems to me that in some cases he even admires the ability of this woman to make everything in a way she wants it to be done. It produces such effect that she dies at the day of her daughter’s wedding only because she wants to show that she is really ill and has had right that her daughter’s wedding will kill her. I think it is very topical nowadays, because a lot of people wear their masks in order not to show their real faces and intentions.

Arranged Marriages in India Essay - 1161 Words

In American culture the view on arranged marriages are not looked at very favorably. This is because we have grown up with the knowledge that when it comes time to marry we will have chosen our spouse of our own free will. The match will be a love match and one that is chosen through our own needs. Young men and women in India grow up with an opposite view on marriage. They know that when it comes time to marry their parents will find them a suitable mate and it will be considered scared and a lifelong commitment (Agence France-Presse.) A total of 74 percent of respondents from across India voted in favour of traditional arranged marriages, according to the poll by private television channel NDTV. In the Hindu faith, marriage is†¦show more content†¦In a very small percentage of marriages that may be the case but it is not typical. Young people of the region understand that their parents know them better than anybody else and trust their choices. Matchmakers are a com mon practice in locating suitable mates. The traditional matchmaker in India is referred to as a Nayan. Normally, the nayan is a person that is familiar with the family and could be an involved friend or extended family member. They carry two basic roles: primarily as a locator of leads in relation to matches and secondary as one who negotiates among the family of the two parties involved. Several factors are taken into considering when attempting to locate suitable matches. The two main factors are the social standing of the family of the bride or groom along with reputation and also the dowry involved. When the two parties come to mutual terms regarding the marriage, the nayan can be of assistance in wedding planning and announcements in the community. They are not paid but welcome gifts in exchange for their services performed after the match is made. In modern times with social networking, internet sites are a very common tool used in the search. Control is still in the hands of the parents in suitable choices and it is quite possible for the bride and groom to not even meet prior to their engagement festivities. Dowries are a very important part of the marriage arrangement in India. TheShow MoreRelatedArranged Marriages in India2521 Words   |  11 PagesArranged marriages in India Arranged marriages continue to be normative in many Asian cultures, such as Japan, India, Korea, and so on (Applbaum, 1995). Specifically, among Hindus in India, they continue to be the most popular form of organizing a marital relationship (Mullatti, 1995). Despite globalization, modernization, and urbanization, the number of arranged marriages continues to outnumber love or self-arranged marriages. In fact, an estimated 95% of all Hindu marriages in IndiaRead MoreArranged Marriage in India Essay1534 Words   |  7 PagesArranging a Marriage in India Serena Nanda Arranged marriages in Indian society have been the norm for many centuries. 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Yet in the 2012 survey conducted in India by the NDTV, an independent TV channel, as many as 74% of respondents spoke in favor of arranged marriage. Also India is known to have one of the lowest divorce rates in the world. This evidence suggests that the matter is more complex than it may seem at first glance and I will be looking at some of the advantages of arranged marriage and reasons why, to this day, this