Capital Punishment Pros and Cons free essay sample

Capital punishment in the United States I think should not be used. Many people think that capital punishment is no different than murder. Murder is an unlawful and wrong because causing harm to another individual in a malicious manner is no different than capital punishment. There is no difference between the two because at the end they both mean the same thing causing death to a human being. Capital punishment was suspended in the United States from 1972 to 1976 primarily as a result or the Supreme Courts decision in Furman v. Georgia. This case the court found the cases to be unconstitutional on the grounds of cruel and unusual unishment in violation of the eighth amendment to the United States Constitution. Executions resumed on January 17, 1977 when a Gary Gilmore went before a firing squad in Utah (Capital Punishment In, 2008). Some people say it is morally wrong, but is it really wrong people get praise for good deed, and punishment for the bad ones. We will write a custom essay sample on Capital Punishment Pros and Cons or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page There are people that are facing capital punishment may state that they did not commit the crime and are wrongly accused for a crime that they did not commit. Those Facing the Death Penalty there are safeguards in 1984 the UN General Assembly passed a resolution entitled Safeguards Guaranteeing Protection of the Rights for people facing death penalty which outlines standards for the application of capital punishment . The safeguards include the right to due process, appeal and imposition of capital punishment only after final Judgment a competent court after legal process which gives all possible safeguards to ensure a fair trial(Human Rights and, 2003). Also the safeguards recommend a prohibition on the imposition of the death penalty on persons who committed a crime before the age of 18, pregnant women and the insane (Human Rights and, 2008). A Judgment can be overturn for an ndividual facing capital punishment if an appeal is awarded and won. When it comes to capital punishment there are several things that can be consider before deciding to make it an individual punishment for the crime they committed, personally making them stay in Jail for the rest of their life and having to think about the crime or crimes that has committed is worst that capital punishment. Capital punishment is the easy way out for an individual that has caused great pain to a victims family. When it comes to capital punishment everyone have their opinion and this debate on capital punishment is a debate that is ongoing.

Fizzy Sparkling Lemonade Made With Science

Fizzy Sparkling Lemonade Made With Science Relax and enjoy a refreshing glass of lemonade while doing science! Heres an easy way to turn ordinary lemonade into fizzy sparkling lemonade. The project works on the same principle as the classic baking soda and vinegar volcano. When you combine an acid and baking soda, you get carbon dioxide gas, which is released as bubbles. The acid in the volcano is acetic acid from vinegar. In fizzy lemonade, the acid is citric acid from lemon juice. Carbon dioxide bubbles are what gives soft drinks their fizz. In this easy chemistry project, youre simply making the bubbles yourself. Fizzy Lemonade Ingredients You could do this project with any lemonade, but if you make your own it wont end up insanely sweet. Its up to you. For the lemonade base you need: 2 cups water1/2 cup lemon juice (contains citric acid and a smaller amount of ascorbic acid)1/4 cup sugar (sucrose) Youll also need: sugar cubesbaking soda (sodium bicarbonate) Optional: toothpicksfood coloring Make Homemade Fizzy Lemonade Mix together the water, lemon juice, and sugar. This is tart lemonade, but youll sweeten it in a bit. If you like, you can refrigerate the lemonade so you wont need to add ice to chill it later.For kids (or if youre a kid at heart), draw faces or designs on sugar cubes using toothpicks dipped in food coloring.Coat the sugar cubes with baking soda. You can roll them in the powder or shake sugar cubes in a small plastic bag containing baking soda.Pour some of your lemonade into a glass. When youre ready for the fizz, drop a sugar cube into the glass. If you used food coloring on the sugar cubes, you can watch the lemonade change color.Enjoy the lemonade! Expert Tip Another option, besides food coloring, is to paint the sugar cubes with an edible pH indicator. The indicator will change color according to whether its on the powdered sugar cube or in the lemonade. Red cabbage juice is a good choice, but there are other options you can find in your kitchen.Any acidic liquid will work for this project. It doesnt have to be lemonade! You could carbonate orange juice, limeade, grapefruit juice, or even ketchup (maybe not so tasty, but it makes a nice volcano). Got another lemon? Use it to make a homemade battery.

Psychology of Diversity Essay Example | Topics and Well Written Essays - 750 words - 1

Psychology of Diversity - Essay Example Wiki’s leadership traits are inherent and her family has been custodian of ‘ceremonial treasures’ used in Yurok cultural rituals. She firmly believes that education is the vital tool that would not only raise the living standard of the American Indians but it would also help propagate the rich cultural heritage of the tribe and bring it on the world map. Wiki’s efforts were recognized and school initiatives that prepare the disadvantaged students to get secondary school diploma and college credits are being funded by Bill and Melinda Gates Foundation. Wiki’s assertion that ‘this is the frontline of our civil rights movements’ tells the sorry state of American Indians in a country that is considered the be one of the most developed and technologically advanced nations of the world. American Indians got this name when Columbus landed in America in 1492 but thought that he has reached India and named the brown skinned people as Indians. Since that time, the American Indians have existed in diverse geographical locations, having their unique customs and cultural identity but unfortunately, they have not yet been absorbed into the mainstream American society. One can glean from the article that they have yet to become true citizens of the country. The whites have maintained a racial divide within the society through deliberate use of powerful lobby of the whites and financial advantages that they enjoyed over their less privileged counterparts. The Native Americans and blacks were not allowed to participate in social activities and even education was denied to them so that they would remain unequal socially and economically. It is indeed, ironical that month of November is celebrated as ‘National American Indian Heritage Month’ and the government and non-government agencies honor American Indians for their contribution and

Types of Belts and Pulleys Research Paper Example | Topics and Well Written Essays - 2500 words

Types of Belts and Pulleys - Research Paper Example These belts are categorized into industrial (narrow, conventional, light-duty and double V cross section), automotive and agricultural. V belts have reinforcing cords in the belt that provide load-carrying capacity. This reinforcement is made of nylon, steel, rayon or glass fibers embedded in a cushion section (soft rubber material). The cushion section is externally covered with tough rubber and the interior is covered with a material that is resistant to abrasion. As the belt bends around the pulley, the length of its pitch line remains the same. The pitch diameter if the pulley is determined using the pitch line (Jadon & Verma, 2010). Flat belts:These types of belts are normally used in applications where high speeds are required or long center distances are involved. Flat belts are more efficient at high speeds compared to low speeds since they tend to slip under load. They are also used where drives which have nonparallel shafts are necessary as they allow twisting to contain th e relationship of the shafts. Positive drive belts:These belts have a notched underside that establishes contact with a pulley with similar design on the circumference. The belts have similar benefits to chain and gear drives because of their positive contact with the pulley. Positive drive belts are appropriate in operations where high efficiency, constant velocity of timing is required. They can also be used to reduce the size of the pulley and provide the same operating performance as large sized V-belt pulleys (Jadon & Verma, 2010).... Pulleys Pulleys are components that are used for power transmission in machines by mounting them on shafts over which belts run. These components are generally made of iron, steel plates or by welded construction. Pulleys may be of a split type or a single piece depending on the application. The types of pulleys can be categorized based on the belts used with the pulley into: a. Flat belt pulleys: These pulleys are of varying shapes and sizes, designed to fit the functional requirements. The main types of pulleys used with flat belts include: Armed Pulley The boss, spokes/arms and rim are the main parts of a pulley. The arms of the pulley are either curved or straight while the cross section is the shape of an ellipse. The rims of these pulleys have a slight convexity to prevent the belt from axial slipping during operation. Pulley with a Web The boss and rim of a pulley are connected with a web in the form of a disk when the diameter of the pulley is very small. Holes are made in th e web to make the pulley lighter. Cone Pulleys These types of pulley are mounted on the driver and driven shafts facing opposite sides to offer varying speed ratios between the two and maintain the speed of the driver shaft at a constant. The steps in the two pulleys have a diameter designed such that one belt can operate on the surface of any pair of steps. This type of pulley is used in drilling machines and lathes. Fast and Loose Pulleys In applications that involve a number of machines operated from one source of power, each machine has a fast and loose pulley configuration. Using this arrangement, any machine can be stopped or started independently while the shaft runs. Using a keyed joint, the fast pulley is mounted on the shaft

6. Think Global act Local Discuss the implications of Theodore Levitts Essay

6. Think Global act Local Discuss the implications of Theodore Levitts statement. Illustrate with examples from global companies - Essay Example ting pÐ µrspÐ µctivÐ µ, mÐ °ny compÐ °niÐ µs crÐ °ck thÐ µ fundÐ °mÐ µntÐ °l principlÐ µ of mÐ °rkÐ µting— Ð °nd by this I mÐ µÃ °n thÐ °t during stÐ °rt-up phÐ °sÐ µ you fist gÐ µt to Ð °nÐ °lyzÐ µ thÐ µ mÐ °rkÐ µt Ð °nd thÐ µn mÐ °kÐ µ Ð ° dÐ µcision on whÐ °t products producÐ µ or sÐ µrvicÐ µs to rÐ µndÐ µr, mÐ µÃ °nwhilÐ µ, whÐ µn you go intÐ µrnÐ °tionÐ °l it is fÐ °r morÐ µ frÐ µquÐ µnt to sÐ µÃ µ intÐ µrnÐ °tionÐ °l mÐ °rkÐ µts Ð °s opportunitiÐ µs to incrÐ µÃ °sÐ µ thÐ µ mÐ °rkÐ µt shÐ °rÐ µ of Ð µxisting products by Ð °dopting Ð ° â€Å"sÐ °lÐ µs push† strÐ °tÐ µgy rÐ °thÐ µr thÐ °n Ð ° mÐ °rkÐ µt-pull Ð °pproÐ °ch. OncÐ µ Ð ° compÐ °ny introducÐ µs its products or sÐ µrvicÐ µs on thÐ µ sÐ µcond country-mÐ °rkÐ µt, it will unÐ °voidÐ °bly bÐ µ pronÐ µ to imposÐ µ its prÐ µvious Ð µxpÐ µriÐ µncÐ µ, Ð µspÐ µciÐ °lly if thÐ µ compÐ °ny opÐ µrÐ °tion in thÐ µ grÐ µÃ °t numbÐ µr of nÐ °tionÐ °l mÐ °rkÐ µts. MÐ °rkÐ µting strÐ °tÐ µgy dÐ µcisions in such Ð ° cÐ °sÐ µ cÐ °n bÐ µ bÐ °sÐ µd Ð °gÐ °inst thÐ µ Ð µxtrÐ °-mÐ °rkÐ µt critÐ µriÐ °. For instÐ °ncÐ µ, pricÐ µ lÐ µvÐ µls Ð °rÐ µ sÐ µt up in ordÐ µr to Ð µliminÐ °tÐ µ thÐ µ diffÐ µrÐ µncÐ µ Ð °mong mÐ °rkÐ µts Ð °nd to sustÐ °in Ð ° pricÐ µ corridor, compÐ °rÐ µd to thÐ µ situÐ °tion whÐ µrÐ µ you just purÐ µly rÐ µflÐ µct locÐ °l mÐ °rkÐ µt conditions. Subsidizing of pricÐ µ lÐ µvÐ µls by multinÐ °tionÐ °l is Ð °lso Ð ° common prÐ °cticÐ µ Ð °nd is usÐ µd for strÐ °tÐ µgic rÐ µÃ °sons. StrÐ °tÐ µgy of thÐ µ compÐ °ny thÐ °t is Ð µxpÐ °nding Ð °broÐ °d dÐ µpÐ µnds on mÐ °ny fÐ °ctors, in somÐ µ cÐ °sÐ µ it is just Ð ° pursuÐ µ of lÐ µÃ °rning Ð °nd somÐ µtimÐ µs it is high profitÐ °bility tÐ °rgÐ µt thÐ °t Ð °rÐ µ sÐ µt up upfront. Ð nothÐ µr componÐ µnt of thÐ µ mÐ °rkÐ µting mix thÐ °t is diffÐ µrÐ µnt Ð °nd should bÐ µ tÐ °ilorÐ µd to thÐ µ spÐ µcific mÐ °rkÐ µt is distribution chÐ °nnÐ µl infrÐ °structurÐ µ, which should bÐ µ Ð °lso rÐ µsponsiblÐ µ for mÐ °rkÐ µting strÐ °tÐ µgy. ThÐ µ distribution nÐ µtwork hÐ °s Ð °lso to contributÐ µ Ð ° lot to Ð ° strÐ °tÐ µgy for growth, Ð °nd Ð °s Ð ° rÐ µsult it is judgÐ µd on orgÐ °nizÐ °tionÐ °l critÐ µriÐ ° such Ð °s fÐ µÃ °sibility, lÐ µvÐ µl of risk, supportÐ °bility, Ð °nd control issuÐ µs. MÐ µÃ °nwhilÐ µ, distribution

Fast Food Industry study of Pizza Hut

Fast Food Industry study of Pizza Hut Introduction A major transformation in business management is that organizations are trying to optimize every aspect of business. There has been a keen focus into every aspect of business which can give the organization a price or quality edge over its competitors. Effective Supply chain management (SCM) is capable of both the above mentioned advantages. If we look into the various components of SCM and analyze their significance in the context of the above we find that they are quite significant and capable of achieving price and quality edge over competitors. In this research the focus will be to study various factors influencing the supply chain management in fast food industry by referring to Pizza hut. The aspects associated to price quality and customer satisfaction will be covered through this research. The fast food industry has seen huge transformations in the recent past; the affect of these transformations on the supply chain management is also discussed in this research. Background As we know that supply chain manages the entire materials from suppliers (Suppliers of raw materials to the organization) to retailers and distributors to the customers. There are various disciplines involved in this system. for example the supplier relations management, inventory management, distribution system, retail management, reverse supply chain management. It has been observed that action in one discipline can influence the performance of the whole chain and similarly the performance of the organization. (T.J. Peters 1982à Ã‚ ¾ Riddalls 2002). More and more organizations / industries are identifying the significance of supply chain management. In terms of research there are three most researched issues in the whole supply chain management, they are; Information flow through supply chain Inventory / warehouse Management Operations Management (queuing system) The fast food industry is one of the most competitive industries. The competition majorly depends upon price, quality and service (which are core aspects of Supply Chain Management). Hence there is immense pressure on all the organizations in the fast food industry to keep the three aspects studied above to their supreme best. As fast food industry is one of the most emerged industries in the recent past, the supply chain has seen huge transformations in this industry. The industry is still emerging so as the transformations in the supply chain management of this industry. Hence this study helps the learner identify and understand the factors driving change and the factors influencing the supply chain performance. Few of the research questions and research objectives are underpinned; Research Questions This research will not only try to present the study associated with the title of the research but will also try to answer the questions mentioned below; What is the core meaning of supply chain? What is the significance of Supply Chain Management in fast food industry? What are the major components of Supply Chain Management? How significant is information sharing to keep the supply chain effective? What factors influence / drive supply chain management in fast food industry? How is demand forecast supply managed accurately? What is the impact of supply chain management on overall performance of Pizza Hut and in creating brand name for Pizza Hut? How does Pizza Hut manage their SC effectively? Similarly the research has set few objectives for itself to achieve in the course of this study. The research objectives are mentioned underneath; Research Objectives Aligned with research questions we have set few objectives for this research. They are listed underneath; To understand the supply chain practices in fast food industry To understand the difference between SCM practices in fast food industry and in other industries (manufacturing Service sector) To prove that effective core competencies can lead to competitive advantage Identify significance of various parties in the supply chain on the performance of the supply chain To understand the service level impact on the supply chain The organization / company chosen for this research Pizza hut was started in the year 1958 by two brothers Dan Frank Carney. This was an idea suggested by a common friend which they agreed to. In 1972 they introduced corporate strategy. In the mid 90s the profits of Pizza Hut were declining. Hence Dan Frank Carney thought of selling out the company. In the year 1997 Yum! Brands acquired pizza hut and is currently (Pizza hut) under Yum! Brands Highlight of Pizza hut is its variety in Pizza, garlic bread, pasta and breadsticks. In order to meet the production of the mentioned (menu) products pizza needs to co-ordinate all the suppliers of vegetables, chicken and bread and work in coordination with them. Keeping this aspect efficient is the key success factor of Pizza Hut. As we know that if an organization can manage its core competencies effectively they can surely act as competitive advantage for the company. As the ingredients for various products of pizza hut are acquired through various suppliers from different parts of the globe. There has to be proper communication to keep the supplies and demand under check. In order to keep this aspect effective the company has employed Total Quality Management (TQM) process. The strategic policy of Yum! Brands involve the suppliers to understand their role and impact in the overall performance of the organization. This keeps the supplier relations management aspect in place for the organization. Pizza Hut has restaurants and they also deliver their products to customers place. The supply chain in these cases differs. If it is served at the restaurant then it usually shortens the supply chain and if the product (pizza, pasta etc), then the supply chain has transportation included in the supply chain. Both these aspects will be discussed in detail in this study Limitations of the study As the research focuses on the supply chain management of fast food industry, there may be few differences in the supply chain then the supply chain of other industries. This research does not specifically answer questions which are out of the industry / focus of this research. The supply chain of fast food industry keeps changing in short intervals. We have focused this study on supply chain of Pizza hut. This may answer the general questions with the supply chain of fast food industry but may not answer the specific questions of other organizations. Literature review Supply chain plays a critical role in maintain the organizations brand image and service levels in the market. In this section we will speak about Supply Chain Management (SCM) in general first and then will confine it to the fast food industry. Supply chain is the term used to define the parties involved in the process of meeting customer demand. The parties involved in the supply chain are Suppliers Manufacturers / producers Distributors Retailers customers (Riddalls, C.E., Bennett, S., 2002) (Stanley E. Fawcett and Gregory N. 2004) A brief of their role in the supply chain in underpinned; As we know that supply chain management is a discipline that manages and controls the flow of information throughout the various departments to meet the customer demands. The supply chain starts from the extreme beginning of the manufacturing process i.e. acquiring the raw materials from the suppliers or in other words choosing the suppliers and ends at the extreme end of the production process i.e. the customers. (Raghavan, N.R.S., Viswanadham, N., 2001) The members or parties of the supply chain are briefed below; Suppliers: suppliers are a significant party in the supply chain. The raw materials are supplied / acquired through this resource. In terms of quality of materials / products the suppliers are held responsible. The price of the product depends upon the price of the raw material as well and the supply of raw material will influence the companys ability to meet the customer demand at the right time. Hence we can say that suppliers have a great impact on the price of the product and companys ability to meet the customers demand on time. (Riddalls, C.E., Bennett, S., 2002) Manufacturers / Producers: These are the members who convert raw materials / semi finished goods to finished goods. The production process is significant as the company judges the quality and attributes of the process in this phase; hence manufacturers also influence the quality of the product. (Riddalls, C.E., Bennett, S., 2002) Distributors: These are people who are responsible to make the product reach to the market (retailers). The distributors can be also termed as marketing intermediaries. There are various aspects associated with marketing of a product and choosing the right distributors. The reach of the distributor will always be directly proportional to the availability of the product in the market. (Riddalls, C.E., Bennett, S., 2002) Retailers: These are people who are at the end of the supply chain. In other words these are the people who sell the product to the customers (supermarkets, stores etc). They are one of the significant members in the supply chain as they are in direct contact with the customers. They represent the product on behalf of manufacturer to the customers. The demand and customer feedback can be analyzed at this level. (Riddalls, C.E., Bennett, S., 2002) Customers: These are the end users of the products. Customers were not considered as a part of supply chain, but the contemporary methods and study has added customers into the supply chain. (Riddalls, C.E., Bennett, S., 2002) The significance of these parties in the supply chain varies in context to industries. Few of the terms involved in SCM are underpinned; Inventory size This helps the organization decide the amount (size) of inventory to be ordered. This is one of the significant aspects in the fast food industry as this helps the organization not only order the right quantity but also meet the customers needs with minimum resources possible. (Raghavan, N.R.S., Viswanadham, N., 2001) Replenishment Lead Time This refers to the time between placing an order and acquiring the raw material. Usually lead time is always considered as an entity that makes the supply chain ineffective (loss in supply chain). (Raghavan, N.R.S., Viswanadham, N., 2001) Stock outs Stock outs are very common in every trade. This is a situation that arises due to miscommunications in supply chain parties, lack of analysis, bad demand and sales forecasting. Safety stock This is the excess stock that a firm maintains to manage demand fluctuations. The safety stock is maintained at the lowest levels as most of the firms are efficient in sales forecasting. Reorder Point This is a point in inventory levels wherein the firm feels the need to order more inventories. SPECIFIC TO FAST FOOD INDUSTRY Fast food is referred to food which can be cooked easily and can be eaten quickly. There are various food chains across the world, which are famous for fast food. If we look into the history of the fast food industry, the roots of fast food are from 1920s and from 1950s this industry saw a rapid growth. There are many reasons for this transformation in food habits of people. People were busy and did not find time to cook food or even to wait for long hours after ordering food. There arose the term fast food. The Asians (Specifically Chinese) are responsible for this term and industry. There lies the secret behind the customer expectations. Customers expect food to be served quickly, should be delicious and should be healthy. In this scenario all the parties of the supply chain play a major role in meeting this expectation. (Tony Hines, 2004) Few of the objectives of supply chain management in fast food industry are mentioned underneath; Supply chain planning This sets the chain direction and the strategies associated with all the aspects of supply chain. This is the overall sketch of the supply chain. (David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi, 2004) Procurement This is the process of selecting a supplier and managing healthy and profitable relation with them. This also helps the organization maintain quality of their products. (David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi, 2004) Inventory management This process helps the organization maintain right level of stock in the organization and eliminate stock outs with variation in demand for the product. (David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi, 2004) Packaging This is a discipline that helps in ensuring right package design and reducing the cost by encouraging the recycling process of packaging. (David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi, 2004) Warehousing This is the process of storing the raw material, semi finished and finished goods. Effective storage and correct warehouse design can reduce the overall cost of the product (eliminates transportation cost to a certain extent) and improve the availability of the product. The other factors in this discipline are safety of the product, storage methods and locations of the warehouses. (David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi, 2004) Transportation This process refers to transportation management of goods. This includes all the possible modes of transferring goods from one location to another. The records maintenance are also included in this aspect. (David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi, 2004) Logistics This is referred to the use of technology in maintaining all the disciplines of supply chain effectively. The use of softwares is a trend in logistics management (CRM softwares). (David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi, 2004) Customer Service and marketing This refers to meeting the customer expectations effectively and creating new opportunities through customer service. This is one of the major aspects that organizations are focusing in contemporary business world. (David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi, 2004) The entire above mentioned are effective ways to remain competent, exist and grow in the market. Therefore managing supply chain effectively can help the business prosper. There are few other associated concepts which have an influence on the supply chain, one of them is Bull Whip Effect. Bull Whip Effect This is referred to sudden increase in customer demand that forces the supply chain to reconsider its strategy and rearrange the stocks in the supply chain. This forces the management to include more stocks into the system to meet the increased product demand. The Bull whip effect always flows in reverse direction to the flow of products. I.e. starting with realtor and ending it with the supplier of raw materials to the manufacturers. (Raghavan, N.R.S., Viswanadham, N., 2001), (Peter D Ball, 2006) There are various reasons of Bull Whip Effect; few of them are mentioned underneath; Under estimation of demand Wrong sales report Inefficiencies Lead time management Miscommunication in the supply chain (Peter D Ball 2006) Hence we can say that effective communication (information flow) in the supply chain is significant. The fast food industry cannot store the stock (Raw materials) in advance. Most of the products are vegetables and souses, which need to be fresh. Hence effective supply chain management is required. It has been observed that the major focus of most of the fast food chains is to improve the service levels (quality of the product and delivery time to the customers). Recently it has also been observed that in developing countries such as India, Pakistan, Srilanka and others, the fast food industry is focusing on the quantity and price factors. Once again this can be achieved through effective supply chain management. Research methodology Research methodology plays a vital role in the outcome of every research. There are various aspects, which a researcher needs to consider, before during and after gathering data for a research. Few of the aspects are presented underneath and are discussed in the context of the research. (Cooper, D. Schindler, P. 1998) Research approach There are various research approaches possible. Few of them are underpinned; Inductive approach Deductive approach Qualitative approach Quantitative approach (Saunders, M., Lewis, P. Thornhill, A. 2003) A brief of the above four is given below; Inductive approach: The term itself indicates that this process starts with a point and ends up adding information and few more points on the way through to making general interpretations about the research topic. (Saunders, M., Lewis, P. Thornhill, A. 2003) Deductive approach: This refers to an approach that starts with few concepts and theories and tries to confine the subject in the context of the research focus. This is one of the widely used approaches to reach to a conclusion in general researches to add more specific information to existing concepts. (Saunders, M., Lewis, P. Thornhill, A. 2003) Qualitative approach: This approach relies on the existing theories and practices. In other words this approach is based on the tested and proven methods. The available literature is the major source in this approach. This is called qualitative as the research results can be more reliable then compared to other methods / approaches of research. (Saunders, M., Lewis, P. Thornhill, A. 2003) Quantitative approach: This is one of the widely used research approaches. This approach relies on a wider study and does not majorly rely on the literature, instead will take a concept or theory from the existing literature and will research about it in the environment (surroundings). This is one of the approach used to make general interpretations about a concept or theory. The major methods of this research approach are surveys, questionnaire, interviews etc. (Saunders, M., Lewis, P. Thornhill, A. 2003) The research approach for this research will not be restricted to any of the research approaches. We will use all the approaches possible to keep this study effective. As there are various factors influencing the supply chain and the fast food industry is specific, hence we will try to emanate the drawbacks of various approaches and will use all possible methods to gather pertinent and result oriented data. Research Strategy Research strategy for every research is significant. As we know that this influences the outcome of the research, hence we have decided to formulate two questionnaires for gathering data. One will focus on the management and the other will focus on the experiences of the customers. This will also help in covering all the aspects in this research. For this research we will also contact few industry experts to analyse the interpretations and results of the research to keep it effective. Data sources There are various sources through which data can be gathered. The data for any research can be divided into two categories. They are; Research specific data (Primary data) Supporting data (secondary data) The above two are explained in brief below; Research Specific data This is also known as primary data. The term itself indicates that this data is specific to the research. The data that is gathered to answer the set research questions is known as primary data. The major sources for gathering data in this category are interviews, focus groups, surveys, observations, questionnaires, telephonic interviews, etc (Bryman, A. Bell, E. 2003) Supporting data This refers to the data that fills the gaps left by the primary data. As the major function of this data is to support the research, hence this is known as supporting data. This data is not research specific, instead is gathered from the available literature or some other pertinent research. The major sources through which this data can be gathered are academic books, magazines, newspapers, internet, etc (Bryman, A. Bell, E. 2003) The data for this research will be gathered through formulating two questionnaires and using two methods. First we will try to contact the management of Pizza hut through email and take their responses on the questionnaire; the second will be to carry-out a general survey in public to know about the customer service (and associate it with the effectiveness of the supply chain). We will also utilize the secondary sources such as Internet to gather pertinent data to make the research effective. Data Analysis There are various aspects that a research needs to focus before, during and after gathering data for a research. These aspects help the researcher keep the data effective in the context of the study. Few of the aspects are listed below; Validity: This refers to the relevance of variables in the study. As we know that there are various variables in a research. This aspects ensures that the data gathered should be relative to the research. In other words these aspects state that there has to be inter-connectivity between the focus of the research and the data gathered. (Ghauri, R. Gronhaug, K. 2005) We will try to gather relevant data and will avoid vagueness in data. The data gathered will be confined to the research focus but will also try to remain neutral to answer various other research associated questions. Reliability: This aspect refers to neutral (correct or accurate) and bias free results. In other words this aspect states that if the same data is used again for a similar research the results of the research should be similar. This also states that there should be any biased interpretation or should be a favor for any person or organization through this research. (Ghauri, R. Gronhaug, K. 2005) We will not only stay neutral while interpreting the findings and framing the results of this research, but will also send the results to few industry experts to seek their view. This will eliminate the bias aspect from the research and will keep the research effective. Generalizability: This refers to the spectrum covered by the research answers in resolving the general issues. In other words the results of the research should be able to answer a wide range of real time issues. (Ghauri, R. Gronhaug, K. 2005) We will try to keep the results as general as possible and will also try to cover as many issues as possible. Authenticity of data sources: This is one of the significant aspects of any research. The data gathered should be from reliable sources. The authenticity of data sources defines the effectiveness of the research. (Collis, J. Hussey, R. 2009) We will try to gather data from authentic sources. As we have formulated questionnaires and are gathering data through sources which are reliable, I believe we can surely guarantee the authenticity of data sources. Ethical Issues This refers to the methods used for gathering data. The ethical issues are quite significant for every researchs credibility towards the society. This includes a code of conduct that states that the methods used for data gathering and research should not include any method that is illegal or unacceptable. The methods or results of the research should not harm any person / firm / industry. (Crowther, D. Lancaster, G. 2009) The methods used for this research will be decided by keeping the above code of conduct in mind and will not include any such methods which fall out of the code of conduct. We will try to keep the work ethical and free from any bias. PROJECT PLAN Weeks 0-2 3-4 5-6 7-8 9-10 11-12 13-14 15 Background Reading Research Proposal Theoretical framework Primary Secondary Data gathering Report Making Submission Conclusion Supply chain management plays a significant role in managing resources and effective customer service irrespective of industry. The fast food industry is customer driven and the service level plays a significant role in creating expectations with the customers. The fast food industry (Specifically Pizza hut) will be studied in the context of the supply chain extensively and the research results will be framed. We will study all the associated aspects and will try to cover all the potential issues under the focus of the research. We will keep the research bias free and ethical to the extreme possibility.

What Matters in Life? :: English Literature, Personal Values

What Matters? What matters most to you in the world today? People often ask this question. I must say being 26 I have been asked this question many times in my life. The response I always give was my career. Winning and surfing, you see they are the only things that should matter. But I did not once stop to think that maybe the things that mattered more then just a surfing career was my family. I hardly got to see my children in the first stages of their life, never got to see them take their first step or say their first word because I was always out surfing and living up to my dream of being the one that no one could beat. This al changed drastically one year just after my daughters fifth birthday. I arrived home from a surfing tournament to find my wife and two kids homeless. Lucky for them they weren’t in the house at the time of the fire. The police say that it was because I was the â€Å"unbeatable† one and that the other Pro-surfers just wanted to be in the spot light for once. But I say it was a message. A message that maybe it was time to stay at home and help out. A time to watch my children grow up and be there for them. As we walked through the house going from room to room looking a tall that had been destroyed. All I could think of was my awards and trophies that I would no longer have to show off to the people that came over, to camera reporters when they do interviews about me. My wife asked me â€Å"if we were in the house at the time†¦what would you have taken with you? I replied with â€Å"Oh of course my medals and trophies† she sat down as tears welled up in her eyes and said to me â€Å"Yes. But what about the pictures that can never be replaced, you can always get more trophies†. It was at this point where I thought long and hard about what I would really take with me if I was given the time. I had thought of clothes and blankets, of the kids toys, but my mind was now set on what really matters. All the things that I wanted to take with me could be replaced, the only things that could never be replaces where the photos and the memories.

Love Essay

When I think about the concept of love, my thoughts are uncertain. When I think about the word love, the four letters arranged in a random pattern, nothing is simpler. Clearly, a distinct difference lies between a word and what it represents. The importance of the word love lies in the power it has over people. When asking someone what love means, not one person has a solid answer to the question. The word love is so abstract, as to which why I adore the word â€Å"Love.† While growing older, we have used the word love in many contexts. The word love can be referred to as a variety of different feelings and attitudes, ranging from just common pleasure â€Å"I loved that meal† to an intense interpersonal attraction â€Å"I love my boyfriend.† The word love can be used in numerous ways and with endless feeling. In certain situations, the word love is such an expression that sometimes one’s relationship might even depend on it. For example, If for a long time someone has not said â€Å"I love you† to a loved one, they might think something is wrong. The word â€Å"love† is a word that makes one wonder how much power one word could have. Love does not have just one meaning, but rather many different definitions. It is a word used in many different contexts, with many different levels of feelings that are unexplainable. Love is a word that is universal in every language of the world. Everyone knows of it or has used the word. Although we know of it, no person has an actual definition of it. The uncertainty of this word makes me realize how powerful the word is, even though we still seem to know what someone is trying to say. Everyone uses the word love, but never took a minute to think about it’s meaning. I adore this word and will always think about as the future generations use the word love in ambiguity.

Metal Detectors - Persuasive Paper essays

Metal Detectors - Persuasive Paper essays Persuasive Paper Period 1 I am writing you in response to having metal detectors at school. I know that this is a good idea. It is good for many reasons such as keeping students in-line, enforcing school rules, and keeping schools from being a victim of school violence. The main reason for having metal detectors is safety. Security and assurance of safety in schools is decreasing rapidly as seen on TV or read in newspapers. Metal detectors would provide much more security at our schools. Metal detectors would also help us avoid a big accident such as Columbine; it would keep people with guns from entering our school. This would make everyone from parent to teacher to student feel much safer. As far as being irritating and troublesome for as many students as we have at Heights. I know that we would need many detectors and place them where there is a lot of space so that it would not cause a huge crowd of people trying to get into school. We could put them at many doors not just the breezeways. Then we also have the question of what students can and cannot bring. Also students need to know exactly what the punishment is for different offences and what teachers need to do for problems. To implement having metal detectors at schools we would need to clearly circumscribe what you can bring to school and the punishment for those who transgress these rules. In conclusion metal detectors are a very advantageous idea at schools. I also know that there would be many bugs and problems that would be simple to work out. ...

Brand Name - Definition, Examples, and Discussion

Brand Name s, and Discussion A brand name is a  name (usually a proper noun) applied by a manufacturer or organization to a particular product or service. Brand names are usually capitalized. In recent years bicapitalized names (such as eBay and iPod) have become popular.   A brand name may be used and protected as a trademark. In writing, however, its not  usually necessary to identify trademarks with the letters  TM. Examples and Observations Jacuzzi is a commercial brand, hot tub is the generic term; i.e., all Jacuzzis are hot tubs, but not all hot tubs are Jacuzzis.(Jim Parsons as Sheldon Cooper in The Toast Derivation. The Big Bang Theory, 2011)Computer users searching online for information say they are Googling. Commercials running in states like Michigan and Ohio suggest that shoppers go Krogering. But what will investors make of a campaign that proposes they start Vanguarding?The campaign, scheduled to begin this week, turns the Vanguard brand name into a verb, the better to help potential customers remember the company’s mutual funds and other investment products.(Stuart Elliott, The Verb Treatment for an Investment House. The New York Times, March 14, 2010) Key Attributes of a Brand Name According to Kapferer (2000, p. 112), the brands name is often revealing of the brands intentions. It is a powerful source of identity and helps to project the intended image of the product against the competition and in the process of positioning a brand in the minds of the target audience (Ries and Trout 1980). In overcrowded markets with narrower segments, brand names play a crucial role. Susannah Hart (1998, p. 34) of Interbrand suggests that the key attributes of a brand name are: A name itself need not necessarily convey objectives or associations. Freestanding names like Shell, Kodak and Sony dont actually suggest any attribute or benefit, whereas associative names like Pampers, Visa and Comfort do.(Micael Dahlà ©n, Fredrik Lange, and Terry Smith, Marketing Communications: A Brand Narrative Approach. Wiley, 2010)allows brands to become part of everyday life by enabling consumers to specify, reject or recommend brands;can communicate overtly (e.g., Rentokil) or subconsciously; andcan become a valuable asset as it functions as a legal device. Background of Brand Naming Brand naming has existed for centuries. Italians made watermarks on paper in the twelve-hundreds, During the industrial revolution, companies sought to inspire consumer confidence with names borrowed from their owners’ families: Singer sewing machines, Fuller brushes, Hoover vacuumsall names that are still in use. Before the First World War, there was a wave of abstract names ending in o (like Brillo and Brasso), followed, in the nineteen-twenties, by one of ex names: Pyrex, Cutex, Windex. But, according to Eric Yorkston, a marketing professor at Texas Christian University, modern brand namingwith its sophisticated focus groups and its linguistic and psychological analysisbegan in the years after the Second World War, when the explosion of similar products from competing companies made imaginative naming an increasing necessity.(John Colapinto, Famous Names. The New Yorker, October 3, 2011) Brand Names and Logos Australia is to become the world’s first country to ban logos and branding on cigarette packets, in a move tobacco companies say will increase the black market trade. . . .Plain packaging, which will be introduced from July 1st, 2012, will mean cigarette packets will all be the same color and carry large, graphic health warnings. The brand name will appear in a small font. The font style and size and the position of the brand will be uniform.​(Padraig Collins, Australia Will Be First Country to Ban Logos on Cigarette Packets. The Irish Times, March 24, 2010) Brand Names and Language Differences The impact of language differences must be understood if a brand name is to be successfully transferred since key elements of the marketing communication mix used to sell products, like brand names or advertising campaigns, are language based. . . . [W]e propose that when entering the Chinese market, three decision rules should be followed in order to successfully transfer a brand name to China: First, the brand name should accurately reflect the unique selling proposition or the basis of sustainable competitive advantage of the product/brand. Second, a successfully transferred brand name has a symbolic as well as a literal meaning: one that induces positive associations between the transferred brand and the preferred cultural practices or personal goals. Third, a successfully transferred brand name should be memorable; it should enter the evoked set with top of the mind recall.(Julie Mo, Jason McNicol, and Lance Eliot Brouthers, What Is in a Name? Transferring Brands to China. Marke ting in the 21st Century: New World Marketing, Vol. One, ed. by T. J. Wilkinson and A.R. Thomas. Greenwood, 2007) Also Known As: trade name

Finance and Accounting Essay Example | Topics and Well Written Essays - 1500 words

Finance and Accounting - Essay Example The companies’ compliance with IFRS standards can effectively help predict the future financial outcomes and reduce irresponsible cosmetic accounting practices. The company’s compliance with all International Financial Reporting Standards will translate to better prediction of forecasting future business outcomes. For example, the compliance with standards requires that the company present the historical sales amount s for the past two years. If the sales for 2010 is $ 250,000 and sales for 2011 is $295,000. Any keen financial statement analyst or reader can easily forecast next year’s forecasted sales will exceed $300,000, all other factors being equal (Wiley 14). Further, relevant and valid financial information (balance sheet, income statement, and statement of cash flows) must be relevant to the needs of the financial statement users. To relevant, the financial statements must comply with the predictive value tenets of the International Financial Reporting St andards. Consequently, the financial statement users can increase the reliability of the decision makers (Epstein 13). The International Financial Reporting Standards required that the financial statement should be prepared to enhance the decision making process (Jermkowcz 29). For example, International Financial Reporting Standards require the entities to report long term loans under the liabilities section of the financial reports. ... Compliance will make the forecasting activity more realistic (Porter799). In terms of forecasting value of the International Financial Reporting Standards, the financial reports should be prepared using the fair market value in recording sales or other related amounts. For example, the buyer agrees to the seller’s ?2,000 selling price pegged for one factory production equipment. Consequently, the factory production equipment is recorded in the company’s assets portion of the company’s balance sheet at ?2,000. The amount represents the customer’s fair market value of the purchased equipment. Specifically, the fair value portion of the International Financial Reporting Standards can be found in IFRS no. 2, IFRS no. 3, IFRS no 7, International Accounting Standards Board (IASB) no 16, IAS no. 39, IAS no. 40, as well as IAS no 41 (Walton 13). During the preparation of financial statements, there are many situations when International Financial Reporting Standar ds insists on focusing on ensuring the predictive or forecasting goals. For example, the standards describe the company’s financial assets as any resource that is controlled by the entity as a consequence of the entities’ prior transactions. Such asset items must have future economic benefits flowing into the business equation. Consequently, the standards require the companies to raise or lower their asset values, depending on external factors (Shamrock 8). (b) Creative accounting (causes, techniques, & effects) Cosmetic accounting causes trigger some impacts. The company’s desire to seek the bank’s approval of their long term loan applications prods the company to increase its revenues. Normally, banks base their loan approvals on

Assets pricing Essay Example | Topics and Well Written Essays - 1000 words

Assets pricing - Essay Example In the US, the performance of mutual funds that are outside the US is not affected very negatively by diminishing returns to scale. In UK, the analysis of mutual funds shows a strong indication of underperformance. It is true that most investors pick funds that are ranked at the top in league tables. The reason is that such funds are likely to yield positive returns for the investors. They rarely withdraw money from underperforming funds in order to reap benefits when they reach a high performing state. One can test his/her persistence in fund performance by analyzing the previous records of accomplishment of the funds. Bonds are not risk free because their value is associated with currency that value of which can go down because of inflation. Moreover, liquidity and reinvestment risks are associated with bonds. Although they can generate a high amount of money, but they investment in them cannot be fully guaranteed as risk-free. Interest rate risk, rating downgrades risk, and credit/default risk are some of such risks that have the potential to alter the decision of investing in bonds. These risks confirm the statement that bonds are not risk free. The difference between these two bonds is that a convertible bonds allows the bond holder to convert debt into the issuing corporation’s common shares, whereas callable bonds gives charge to the issuing corporation to buy back the bond at election (Barron 2012). A form wants to issue these types of bonds to raise money and to stabilize economy in case of fall in interest rate. Yield to maturity means that the bond will yield profit or loss only after repaying of the par value, whereas in holding period return, the return of investors from holding has less association with the coupon rate. The safety-first concept is based on the principle that development of a portfolio should be based on the minimum acceptable return. This rule helps companies in achieving their