My Unrealist Dream free essay sample

Dear Judges ,professors teachers and my beloved schoolmates, good afternoon. When the topic came out I assumed that everyone were brought back to the time when Martin Luther King Junior gave the Inspiring speech: I Have A Dream, and I am not exception. Certainly everybody has a dream or more likely to have different dreams in different period of time. And usually what people have achieved are not the things they really wanted from the start. Consequently, they chose their realistic dreams over unrealistic dreams. A realistic dream is the way of life you are pursuing r probably the life you are conducting currently. However, an unrealistic dream is the life that you once wanted really bad but you never had a chance to realize It and live It. In my words, your unrealistic dream reveals the specific type of life you truly want . Today, I want to talk about my unrealistic dream. We will write a custom essay sample on My Unrealist Dream or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page My dream is to be a pop musician. What is a pop musician, and what do they do? Young fellows cannot be more familiar with pop music and a pop musician is the person who produce pop music. They are artists who make music. Everyone Is fond of different kind of music, classical music, Instrumental music,rock music , pop music and such on. I feel more relaxed when I am listening to music and I would sing along with it. I sometimes go to clubs with my friends and I really enjoy myself when I see Des scratching the records while people dance with music. I even have a picture in my mind that one day I will be standing on the stage giving a performance and do what DC does. It must feel good. You may wondering why It Is unrealistic for me? I would tell you that I am computer major student yet I onto have the capability to make music even I am enthusiastic about pop music.When we are young as students, we always dream about being the straight A student with perfect scores. To many people in many cultures, music is an important part of their way of life. Some people defined music as tones ordered horizontally as melodies and vertically my ears point to the notion that music is often ordered and pleasant to listen to. Different cultures are engaged to different types of music. When it comes to the United States, the stereotypical music is rock music, and you will hear people shout loud: Rock and Roll in lots of different occasions.While China is the other way around. Chinese classical the traditional art music of China, has a history stretching over around three thousand years. It has its own unique systems of musical notation, as well as musical tuning and pitch, musical instruments and styles or musical genres. Chinese music also played a role of communication in its early stage. Such as Sister Lie, known as Lie San Joe in China, young men express their admires to women in terms of music.

Free Essays on Keenedys Life

John F. Kennedy Of Irish descent, he was born in Brookline, Massachusetts, on May 29, 1917. When he was a student at Harvard College and having a difficult time fitting in as an Irish Catholic, he swore to himself he would make a million dollars by the age of thirty-five. Graduating from Harvard in 1940, he entered the Navy. In 1943, when his PT boat was rammed and sunk by a Japanese destroyer, Kennedy, despite bad injuries, led the survivors through dangerous waters to safety. Back from the war, he became a Democratic Congressman from the Boston area, advancing in 1953 to the Senate. Soon after being elected senator, John F. Kennedy, at thirty-six years of age, married twenty-four year-old Jacqueline Bouvier, a writer with the Washington Times-Herald. He married Jacqueline Bouvier on September 12, 1953. In 1955, while recovering from a back operation, he wrote Profiles in Courage, which won the Pulitzer Prize in history. John F. Kennedy was becoming a popular politician. In 1956 Kennedy almost gained the Democratic nomination for Vice President, and four years later was a first-ballot nominee for President. Millions watched his television debates with the Republican candidate, Richard M. Nixon. He won by a narrow margin in the popular vote, Kennedy became the first Roman Catholic President. Before his inauguration, his second child, John Jr., was born. His Inaugural Address offered the memorable saying: "Ask not what your country can do for youask what you can do for your country." President Kennedy, together with his wife and two children, brought a new, youthful spirit to the White House. The Kennedy's believed that the White House should be a place to celebrate American history, culture, and achievement. As President, he set out to redeem his campaign pledge to get America moving again. His economic programs launched the country on its longest sustained expansion since World War II; before his death, he laid plans f... Free Essays on Keenedys Life Free Essays on Keenedys Life John F. Kennedy Of Irish descent, he was born in Brookline, Massachusetts, on May 29, 1917. When he was a student at Harvard College and having a difficult time fitting in as an Irish Catholic, he swore to himself he would make a million dollars by the age of thirty-five. Graduating from Harvard in 1940, he entered the Navy. In 1943, when his PT boat was rammed and sunk by a Japanese destroyer, Kennedy, despite bad injuries, led the survivors through dangerous waters to safety. Back from the war, he became a Democratic Congressman from the Boston area, advancing in 1953 to the Senate. Soon after being elected senator, John F. Kennedy, at thirty-six years of age, married twenty-four year-old Jacqueline Bouvier, a writer with the Washington Times-Herald. He married Jacqueline Bouvier on September 12, 1953. In 1955, while recovering from a back operation, he wrote Profiles in Courage, which won the Pulitzer Prize in history. John F. Kennedy was becoming a popular politician. In 1956 Kennedy almost gained the Democratic nomination for Vice President, and four years later was a first-ballot nominee for President. Millions watched his television debates with the Republican candidate, Richard M. Nixon. He won by a narrow margin in the popular vote, Kennedy became the first Roman Catholic President. Before his inauguration, his second child, John Jr., was born. His Inaugural Address offered the memorable saying: "Ask not what your country can do for youask what you can do for your country." President Kennedy, together with his wife and two children, brought a new, youthful spirit to the White House. The Kennedy's believed that the White House should be a place to celebrate American history, culture, and achievement. As President, he set out to redeem his campaign pledge to get America moving again. His economic programs launched the country on its longest sustained expansion since World War II; before his death, he laid plans f...

Used Car Acquisition, 180 Day Cycle Essay Example | Topics and Well Written Essays - 750 words

Used Car Acquisition, 180 Day Cycle - Essay Example According to the Manheim March calendar, Manheim Dallas holds auctions each Wednesday at 10:00 am.   This auction includes vehicles from the Ft. Worth location.   Therefore, each location will be called on Tuesdays for listings, to determine whether Wednesday auctions will have any vehicles of interest.   Adesa holds auctions in Dallas on Thursdays, at 10:00 am.   Inventory for Adesa will be reviewed on Wednesday, to determine which vehicles might be of interest on Thursday mornings.   America’s auto auction holds sales on Tuesdays and Thursdays at 2:00 pm, in nearby Irving.   Therefore, America’s inventories will be reviewed on Mondays and Wednesdays, when available.Auctions will be attendedin person, so that the exterior and interior conditions of vehicles can be inspected, prior to sale.   Auctions will be attended on Sunday mornings, Thursday mornings and Tuesday/Thursday afternoons.   There will be little time available for making calls on Thursday. Therefore, no calls will be made on Thursday. Tuesday mornings will be utilized for calling car rental companies and a portion of dealerships.  Car rental companies often sell vehicles when they receive new inventory of rental vehicles.   This occurs less frequently, so calls to car rental companies will occur once each week.  Three car rental companies, Dollar, Enterprise and Hertz, will be contacted on Friday afternoons  on the second and fourth Friday of each month of each month.  

You can make a topic Essay Example | Topics and Well Written Essays - 500 words

You can make a topic - Essay Example Stone reason that the whole concern of equality and rights revolve around the subject of who ‘human being’ is and what nature has empowered him to do. Humans has the capacity through the experience of pain and or pleasure to substantiate the moral authority bestowed by nature on them to protect animals from pain and other sufferings while at the same time defining the interest of trees in being watered. Contention in this discussion places human beings in the centre place through which he is morally obligated to relieve animals of any form of pain and suffering. The movements that run in the interest of liberating animals and safeguarding their interests lobby on the natural responsibility endowed on humans to protect their lives or at least meeting their interests (Sagaff, 38-39). This revolves around a postulation by Leopold that human beings exist in a community of nature through which interactions are bound by morality and through which human beings are bound to hono r the natural obligation of safeguarding the interests of animals in at the least form minimizing their pain and suffering. The contradiction arises while the environmentalists and conservationists concentrated efforts in ecological issues unlike expressing their interests in humanitarian issues. Therefore, the environmentalists are seen through the eyes of allowing hunting practices as a means to balance the ecological support by nature when some species exceed the carrying capacity of the environment. This raises the concern that there exist the disparities in matters of morality in safeguarding the interest of these animals when at the same time advocating for the hunting. However, this whole discussion leave humans at the centre with his role being defined by nature and morality in respect to safeguarding the interests of animals which are notably prone to sufferings. The liberationist movements therefore champion the role of human beings to

Creating a Competitive Strategy for a Discount Retailer (MKT 100) Essay

Creating a Competitive Strategy for a Discount Retailer (MKT 100) - Essay Example This has induced a lot of involvement and commitment from the managers of the stores. CanadaCo stores offer significantly higher level of customer service due to the reason mentioned above. The stores are cleaner, more attractive and better stocked. This has resulted in higher per store sales when compared to the competition and has lead to higher revenue and market share. Though CanadaCo has a wider variety of products, the product mix is similar to that of the competition. CanadaCo can expand the number of product categories and also include a number of varieties for each category. The SWOT analysis has given a clear picture of the current position of CanadaCo and also the potential challenges it has to face in the future due to the recent course of events. It is clear that UsCo is a big threat to CanadaCo as it has a larger infrastructure in terms of man power and number of stores. Moreover, the stores are centrally managed and hence, UsCo’s initial aim will be to gain a considerable market share in a short span by cutting down the profits. It is evident from UsCo’s approach in the United States, that it gives greater importance to market share. It has expanded rapidly by focussing on gaining consumer trust. UsCo also gives great importance to brand image and positioning, as the cheapest supplier of consumer goods. The pricing policy of UsCo has been set to meet the requirements of the target consumers. It is a well known fact that acquiring a new customer is about six times costlier than retaining an existing customer (Jobber, 2004). Hence CanadaCo can take initiatives to retain the existing customer base. This can be done by the introduction of Customer Loyalty schemes. As it is evident that UsCo will take initiatives in the future to expand its market share in Canada, CanadaCo should effectively counteract this by being the first mover in

An Introduction To Banking In Nepal

An Introduction To Banking In Nepal Bank originally derived from the word Banco meaning Bench is termed as a financial institution which are established in order to provide financial services to its customers while helping the investors at the same time. (De Alberquque, M., 1855) These are licensed by the government so as to help in the monetary aspects of the country. In contrast to Nepal, generally Nepal Rastra Bank (NRB) the central Bank of Nepal has divided into different groups and had licensed as per the limitations for the service. They are categorized as Commercial bank into Group A, Development banks B and similarly finance companies and credit unions to Group C Machhapuchchhre Bank Limited: An overview Machhapuchchhre Bank Limited (MBL) is legally registered as commercial bank in 1998 in Nepal. It started its banking services from western region of Nepal with its head office in Pokhara, Nepal. Having a slogan Service with personal touch, the bank now has expanded its business into various parts of Nepal. Companys profile: Mission and Corporate strategy: Machhapuchchhre Bank Limited (MBL) believes on the provision of the best services throughout different regions of Nepal to facilitate the customers with the extravagant banking services to their homes. The bank is also one of the modern banks with various modern technologies which of course make banking a revolutionary interest and great help. With its company slogan, the companys mission is to promote banking to different part of Nepal whether its hilly region or Terai or even mountains, MBL strives to facilitate the customers with fast, efficient and reliable service with personal touch as well as meeting the international standards at the same time. MBL believes to provide its full fledged banking service and had started its full fledged branch in the Jomsom located high up in mountains too. It has its corporate strategy of serving fast, efficient and reliable service to promote banking either by providing credits, deposits and even safe and fastest remittance. The bank has targeted to open 4 more branches in the year 2009/10 so as to provide service with personal touch. Mission and Vision chart: Mission statement of an organization is a formal written statement which guides the objectives and actions to be fulfilled. The mission statement serves the framework or context within which strategies are formulated (Hill Ch., Jones, G., 2008) The mission statement also gives guidelines of the actions and objectives to gain. G. Johnson, K. Scholes and R. Whittington defined mission as overriding purpose in line with values or expectation of stake holders.(Exploring corporate strategy, pp13) Vision statement of an organization is the future note where the company wants to be. G. Johnson, K. Scholes and R. Whittington defined vision as desired future state: the aspiration of the organisation (Exploring corporate strategy, pp13) Mission Statement To Serve customers with best, effective and efficient service in affordable rates and provide each and every service with personal touch. Vision Statement To be the top commercial bank with full fledged service all over Nepal and to be the No. 1 Bank of all year recognized by Nepal Rastra Bank Fig, 1 Mission and Vision chart of Machhapuchchhre Bank Limited Goals and Objectives: MBL possess a goal to be one of the popular and perfect service oriented bank rather than profit oriented one. MBL even had issued various plans and objectives to help in the increment of the services to its customers. In order to ease the banking service, MBL had planned to start telephone banking by which the clients can stay in touch with their financial transactions just a step away from phone. They even had prepared a goal to issue credit cards which some banks only have the service which can be said as another important goal and objectives to have a new turn in to banking. In addition, to broaden the service, MBL will be opening its 4 more branches very soon. The objectives of the bank can be analyzed to provide maximum services to the people in each and every part of Nepal. Organizational Structure, Stakeholders and Management: MBL is operated and managed by Chairman Mr. Surya Bahadur K.C., 6 board of directors and CEO Mr. Bhaikajee Shrestha (http://www.machbank.com) With approximate figure of 320 staffs all over the branches and head office, the company follows Line organization but the decisions making authority are being granted to the branch managers for their designated branch. Various decisions, plans and policies are being decided by board members and final approval is done by the chairman however day to day operational decisions are being approved by the CEO itself. Normally, the organization has all its delegation of power being centralized except day to day operational decisions apart from head office to the branch managers for their designated branch. Most of the stakeholders are the board of directors and some political bodies too but majority of the investments are done by the board of directors. Also some staffs occupy some value of the stakes as well. Chairman/Board of Directors Chief Executive Officer Fig. 2 Organization chart of Machhapuchchhre Bank Limited Business Profile: Products and Services: MBL provides various ranges of services to the customers. It is the pioneer in introducing the latest technology and to introduce the centralized banking software named GLOBUS BANKING SYSTEM developed by Temenos NV, Switzerland. Furthermore, MBL also provides internet banking, mobile banking, any branch banking, Trade Finance, Credits, ATMs (Automated Teller Machines), Remittance and various sort of deposits. The company is very sooner going to launch MBL credit cards and telephone banking as well. Also, MBL is the first bank in Nepal to provide PSTN (Public Switched Telephone Network) to its valued customers. Operational Performance: MBL overall has shown a good performance as per its unaudited financial reports of the year 2008/09. Over its past decades MBL has shown increment on profit as well as increment on its branches which of course shows that the company is doing well so far. At the end of fourth quarter, MBL had a net profit of 92M which shows that the company had numerous transactions throughout the whole quarter. (Source: Unaudited 4th quarter end (15/07/09) of the fiscal year 2008/09, http:// www.machbank.com) Market Position and Share: MBL overall have a good market value and goodwill at the same time. Currently the market value of the share is NPR 310.00 per share which shows a green light on the progress of the company. Also, the bank have got 31 branches till date and have its 10 upcoming branches to be opened which of course can be assumed as the market position of the company is good and doing well so far. (http://www.nepalstock.com, Nepal Stock Exchange as of closing price of 6th December 2009) Part 2: An analysis of the external and internal environment of the company examined above and competitive position of the company (1000 words) Every company is affected by its external and internal environment. These are the integral part of the companies itself. External environment can be described as a set of elements which are not the part of the organization but possess an influence upon the organization. The external environment may constitute of consumers, suppliers and competitors which have the direct effect on the organization whereas the indirect elements of external environment may be government, State of the economy, scientific and technical growth, socio-cultural events and laws and policies by the government. Hence, whatever is the new external environment, the organization has to cope up themselves. Similarly, internal environment can be termed as the environment within the organization itself. They may include employees, shareholders or stake holders etc. The internal environment can be modified or amended as the whole authority and rights are embedded on the organization itself apart from external one. Internal environment of the company: The internal factors can be analyzed by various models however the internal environment can be analyzed by using Lewis six factors model which describes the in-depth analysis of internal environment in context of MBL. Also, these factors give a broad idea of involvement of various departments in order to describe the internal environment of the company. IT (Information Technology): MBL uses a very advanced technology for the banking services. A new advanced technology called GLOBUS is being integrated in the company which provides best services in the banking field. It is also considered as the effective and powerful software which provides related backup services. The company also have its centralized information technology department which regularly looks ahead into develop new softwares and are alert 24 hours for any problems to occur. Also, the company have introduced V-Sat network for the branches which are in mountain regions as Mustang, Damak etc. Overall, we can say that the companys IT sector is very much advanced and is much more effective in banking environment. Management Capabilities: MBL have a team of capable employees working in various departments. They are well qualified and the bank also regularly conducts various training programmes so as to make their employees much more capable in any sort of situations. Also, the company organizes in house seminars so as to promote the employees knowledge much more. Because of its talented employees, the company is increasing its branches and is earning much more profit at the same time. The management is much more effective which is hence enabling the company to exist till now in the fierce competition of banking in Nepal. Finance: Finance is one of a very important aspect for any firm. Considering the financial status of MBL, it is growing day by day and earning much more profit. MBL earned around NPR 92 M at the fourth quarter end of year 2009 whereas corresponding earlier year of NPR 85M and is earning day by day. MBL have a good relation with the central bank even and can issue up more shares upon needed. Thus it can be analysed that the financial position of the bank is much more stable. Research and Development: MBL focuses on to the research and development of new aspects of banking and services to its prospective clients. The company has its own research and development department which focuses on to research new activities and to promote their services in to peoples. Because of the fierce competition in banking sector in Nepal, this department plays a vital role in to develop new schemes and new services to the clients apart from other banks. Also, the company invests good sum of money in to research and development of new services towards future perspectives. Marketing: Marketing can be defined as the management process that seeks to maximize returns to shareholders by developing relationships with valued customers and creating a competitive advantage. (Paliwoda, Stanley J, John K. Ryan, 2009). The company has its own marketing department which co-ordinates with research and development department. They both have the same motive in order to generate much more potentiality and increase its turnover in best services to the customers. Also, the department regularly dissolves in market to gather new ideas and concepts which by the research and development department makes research and develops new strategies. HR (Human Resources): MBL have another department which looks around human resources and administration of the company. MBL welcomes new generation to employ in the company and believes on equal opportunity for all. The department also administers and involves in to budgeting daily activities of the company. Also, HR department helps in to gather talented peoples and conducts various assessments among the employees in order to gain the best outcome of it. The internal environment of the MBL focuses on to its core components as per Lewis 6 factors model. Analyzing the model, we can illustrate that the internal components of the company is very much effective and plays an important role in determining the internal perspectives of MBL. External Environment of the company: External environment for MBL are generally customers, competitors, central banks policies and socio-cultural aspects. The external environment plays a vital role in determining the external status of the company. Normally, the external environment is uncontrollable but directly affects on the functioning of the company. The external environment of MBL can be picterised by using PESTLE analysis. The PESTLE analysis determines the political, economic, socio-cultural, technological, legal and environmental aspects which gives a clear picture of the external environment of the company. Political factors: Nepal is a country where political factors play a vital role in each and every industry. Because of the regular strikes, riots in the country many more industries are very much affected. In context to MBL, because of the political factors, the company is suffering a lot as they cant operate efficiently during strikes, riots and because of the regular change of the government, various rules and regulations are modified which hence creates a various problems in to the banking of the company especially in MBL. Economic factors: The economic situation of Nepal is always fluctuating. Because of it, the exchange rates of various currencies are changing on rapid basis. Also, because of the development of various banks in Nepal, customers have a high bargaining power in between the banks. This has affected MBL severely as the customers who are only on MBL are now diverted on to the other companies. Even because of the economy in Nepal, most of the people dont wish to invest money in to any projects and the ratios of consumer loans are decreasing because of the interest rates and the economy. Socio-cultural factors: MBL possess certain social responsibilities and are maintaining good as they are much more into providing good services to the customers. Also, the company invests certain amounts in to education for childrens and various governmental and non governmental activities. It has been a trend in Nepalese banking sector of investing funds into various programs for child welfare, transportation and various educational activities. Also, the company has various schemes for different age groups and also contributes for their personal growth especially for children. Technological factors: The banking sector of Nepal is following advanced technology in to serving new services to the customers. Various advanced programs are being organized in to gather new innovations in terms of banking of the company. MBL adopts advanced technology in to serve effective and accurate services to the customers. Also, the company even invests funds into its research and development department so as to launch new services in considering the needs of the current market. Legal factors: The banking of Nepal is regulated by Central Bank of Nepal (i.e. Nepal Rastra Bank) The central bank regulates various rules and regulations in order to constitute the proper banking services to the customers. The central bank regularly changes rules and regulations which hence make a vast confusions and time in order to adopt the new rules and regulations. Also, the legal factors of Nepal affect the proper functioning of the banking services in Nepal. Not only in context of MBL but overall banks in Nepal. Environmental factors: The environmental factors play a vital role in each and every organization. In terms of MBL, the environmental factors are generally attitudes of consumers, media and the government. Because of the reputation of MBL, various customers trust the company much more which is hence helping in to gain success in company. Also, media also helps the company in to promote their services towards the general public as by the investment towards the media sector as well as various other sectors too. Thus internal and external environment plays a vital role in determining the companys portfolio from inside and outside layer as well. In terms of MBL, we can demonstrate that the internal environment of the company is much more effective whereas the external environment is much more effected by various factors as these can hardly be controlled. Identification and evaluation of alternative strategies that would consist of corporate goals and objectives and select an appropriate future new strategy. Strategy is the mean by which objectives are achieved and pursued on time. According to Gavetti G and Jan Rivikin W Strategy is choice about what it chooses to do and not to do. MBL generally focuses into customer satisfaction and excellent service to their business clients. To increase more customer satisfaction and performance, MBL always strive to improve the performance by various methods and latest technology. To be the best service provider, MBL aims to open additional branches so as the banking service can be available readily anywhere any time. However, various alternative strategies can be discovered which will increase the customer satisfaction level and services at the same time. Ghemawat P. developed a model called AAA triangle which identifies three distinct types of strategy. They refer to adaptation, aggregation and arbitrage. Adaptation means to familiarize with new technology and environment and aims to maximize companys local relevance. This also boosts the revenues and market share by maximizing a firms local relevance by simply creating local units in each national market that do pretty good job carrying out all steps in the supply chain. (Ghemawat, P. 2007) This framework even focuses on to the company to develop its new image towards the new generation. Since, the world is changing day by day and is the new technology; the adaptation into new environment is a must. The another one is aggregation where a company tries to achieve economies of scale by developing new products and services by creating both local and global operations. It also attempts to deliver economies of scale by creating regional or sometimes global operations and involves standar dizing the product or service offering and grouping together the development and production process. The company also has to develop and introduce new products and services which reasonably have benefits upon everyone. Arbitrage means to locate and supply services in different parts. It is the exploitation of differences between national or regional markets, often by locating separate parts of the supply chain in different places. (Ghemawat, P. 2007) Thus as a future strategy, the company should now focus on to developing new products and services and enlarging its business. Fig 3.Ghemawats AAA triangle framework Another Strategy is BCG matrix developed by Boston Consulting Group. According to Kotlar (1996) BCG approach helps to classify a companys all SBUs according to the growth share matrix. It identifies firms strategic business units relating to its market share and market growth rate. The growth share matrix can be divided into four types as follows: Question Marks Star High Low High Dogs Cash cows Market Growth Low Market share Fig 4. Boston Consulting Groups BCG Matrix There are two axis which represents as Market Growth rate and Market Share. Each and every cell inside the matrix can be highlighted as follows: Stars: Stars are high market growth in relation to high market share. These are the pillars for each and every business. The stars in MBL are the deposits and loans and advances by which the company is able to make much more income. This requires much more investments as well and also increase in high market share and growth as well because if the company have more deposits and loans, the companys profit will increase subsequently. Cash Cows: Cash Cows are low growth in market but high market share. These require less investment but would affect in the market shares. In MBL, cash cows can be considered for Letter of Credits, guarantees which require less investment but would affect on the market shares. The cash cows dont necessarily effect the market growth as regards to stars. Question Marks: Question marks are low share business units in high market growth. The question marks are some aspects which the management should think in order to overcome it and turn into stars or cows. In MBL, the question marks can be market for cards (debit and credit cards) etc. The company should have special consideration in question marks. Dogs: Dogs are low growth in market with low share price. They may generate some amount of funds but doesnt make any guarantees on companys income. In MBL, Dogs are lockers departments etc. BCG Matrix gives a broad idea about the factors that are prevailing in a company which are giving much more profit or loss in terms of market group. This strategy could give the company an innovative idea about building or restructuring the business. Comparing both the strategies, MBL should adopt Ghemawats AAA triangle framework as this clearly matches to the organization goals and objectives to attain in future. The framework explains that to stabilize a product, there has to be an adaptation factors, aggregate it and arbitrage. MBLs target is to be the top commercial bank in Nepal and introduce new products and services which can only be possible if the company focuses on the framework. Also MBL should focus on the information flow to all the branches so as to properly stabilize the new services. Neilson, G., Martin K. and Powers E (2008) suggests that the enterprises fails at strategy execution because they go straight to structural reorganization and neglect the most powerful drivers of effectiveness-decision rights and information flow. Thus, before starting any new services or any new tasks, the company should gain its adaptation factor so that they could adopt in new environment easily. After adopting in the environment t he company also needs to increase its market into local and national markets to attain much more productivity. Thus we can see that if MBL adopts Ghemawats AAA triangle framework, the company would be able to attain its mission and vision that has been projected by them. This would increase the companys effectiveness on any tasks and would help them to gain much more success at the same time. Kim C W and Mauborgne R, Blue Ocean Strategy argues that companys performance is not necessarily determined by industries competitive environment. It argues that strategy can shape the structure and it is called reconstructions. They even add that instead of letting the environment define your strategy, craft a strategy that defines your environment. This highlights that rather than creating a strategy limited only in papers you will require to adopt to the environment, aggregate them towards the near future group and develop them in local or global market which is very much similar to what Ghemawat had proposed in his framework. Identify and develop outline time table and resources requirement to implement new strategy. Its very much obvious that to make each and every strategy successful, various resources and time tables are required. Proper dedication and knowledge will only be able to make a project successful. The strategy developed by Ghemawat as AAA triangle framework is something which I suggest to be adopted. The strategy Equal opportunities to every people financing in their needs and motivate into a new track would certainly help to start up banking into a new style and lead to a successful pathway. This strategy would develop an awareness and usage of the services to the maximum. Basically, new guidelines should be created for to make this strategy fruitful. A system where people can get financing easier should be initialized so as new business entrepreneurs could be able to start up their business with the banks help at the same time. Various job opportunities should be require generating up not specifically full time as initialization of part time or hourly job basis could be done so t hat maximum number of fresh graduates or unemployed people could get employment and in return the organization will be benefited by different ideas, opinions and new way of working. As Ghemawats AAA framework suggests Adaptation, Arbitrage and Aggregation, various resources should be allocated and new services to be launched as: Launching various deposits schemes targeting to students, old age peoples and children. Inauguration of old age cards, student card etc. which can be used in shopping centre, transportations etc. Launching online bill payments from their accounts via mobile. Use of Credit cards system elsewhere. Cash Deposits in any cash points or ATMs. Collaboration with educational institutions for banking services. Promotion of various NGOs, INGOs or programs to advertise them free of cost. More job opportunities to account holders, insurance benefits or easily loan availability facility. The time frame for this strategy entirely depends upon how fast the authority decides to start it up however if this new style of business could be adopted, major changes will occur and the profit will sky rocket like never happened so. Generally, the top level managers should require understanding the benefit of this strategy and how it could be implemented in short span of time. New concepts, ideas should be promoted which could cover the usual old style of banking as with the new age of development. Meanwhile, the experience of old peoples which new ideas and working style of modern age could be more helpful to boom the business and to have a look on to the business with different perspective. Meanwhile, the company could employ 30% of experienced old people and the rest with new and energetic peoples. This would certainly create up a milestone between old peoples experience and new peoples working efficiency. Furthermore, invitation or equal opportunities should be started so tha t the people who belong to lower community or of different age group could certainly use their efficiency to attain the same goal. Major functional departments should also be considered while discussing the time frame and the resources required adopting AAA triangle framework strategy as: HR (Human Resources)/Administration: This department should recruit new employees and should start up giving adequate trainings to its exisiting employees. The administration should also allocate various resources required for to start up new services. The time frame for this s Finance: The finance department should allocate budget required for the resources and new projects. IT (Information Technology): This is a primary essence as without new technology new services cant be launched in todays computer generation. Marketing/Research and Development: Various researches should be conducted prior making decisions and hence publicity of services should be done at the same time. Therefore, summarizing the all we can analyze that the materials that are required for to implement the new strategy are time consideration, additional opportunities in various field, change of working system, Focus on to new peoples or modern age groups and also consideration in the new technology. These sort of materials could certainly help in to implement the new strategy successfully and to start up the new perfection on to the business however new understanding and far sightedness upon these should be developed at the beginning before proceeding ahead with these materials. Also the time factor should be considered as well so that the strategy could be implemented on the right time. Furthermore, it can also be said that success entirely depends upon opportunities and hard work, hence to be more successful, an individual should be able to do hard work and the company should be able to create new opportunities. Then only the strategies could really show up some colors on the devel opment and growth of the company.

Computerised accounting system. :: Computer Science

Computerised accounting system. Please Specify which product you need when ordering. Sage Line 50 training software is available both with and with out a comprehensive assessment system.. The sage line 50 product contains Basic and Advanced tasks for operation of the Sage accounting software. Sage Line 50 uses a powerful "show and tell, then have a go" style training. This makes it easy for users to understand new concepts and provides then with a chance to "have a go in a safe training environment". Use of multimedia simulation aids retention of learning and ease of use. Learn To Use Sage is ideal for both novice and experienced users. The software provides a great foundation in basic tasks, Intermediate and Advanced tasks are also taught. Many advanced users keep the software by their PC, its great reference, have a problem? simply pop the disk in, run the topic that covers your need, its that simple. Learn To Use Sage Task List Basic: * Add a new customer * Open an existing customer record * Add a new supplier * Open an existing supplier record * Add a new nominal account * Open a blank record * Add a new product code and save * Open a product record * Add a sales invoice * Add a credit note * Enter purchase invoice / Credit note * Allocate customer receipts * Allocate supplier payments * Add a nominal payment / receipt * Preview / Print aged debtors report * Enter sales invoices * Enter sales credit notes Advanced: * Transfer funds * Add a nominal journal * Create a skeleton journal * Blank reconciliation * Display VAT return * Analyse VAT totals * Print VAT return * Add a fixed asset * Posting depreciation * Add a prepayment * Posting prepayments and accruals * Write off, Refund, Return * Set access rights * Contra entries * Add receding entry * Correcting errors * Check and print Computerised Accounting System ============================== How does a computer works? Data Input Process Data Output Type of data processing: 1. Batch processing Transaction data are accumulated until a large volume can be processed at one time. Eg. Payroll, customer account and general ledger 2. On - line processing Processing transaction as they occur so that a user can obtain current information at any time. Eg. Accounts receivable, accounts payable and inventories. Manual vs. Computerised systems =============================== Manual accounting systems consists of source of documents, journals, ledgers and reports. In a computerised accounting system basically the same source of documents can be used but must be converted into a machine - readable format to be accepted as an input to the computer. Eg. Computerised receivables system Input : accounts receivable master file at the beginning of the period and the aacounts receivables transactions files required to update the beginning balances. Computerised accounting system. :: Computer Science Computerised accounting system. Please Specify which product you need when ordering. Sage Line 50 training software is available both with and with out a comprehensive assessment system.. The sage line 50 product contains Basic and Advanced tasks for operation of the Sage accounting software. Sage Line 50 uses a powerful "show and tell, then have a go" style training. This makes it easy for users to understand new concepts and provides then with a chance to "have a go in a safe training environment". Use of multimedia simulation aids retention of learning and ease of use. Learn To Use Sage is ideal for both novice and experienced users. The software provides a great foundation in basic tasks, Intermediate and Advanced tasks are also taught. Many advanced users keep the software by their PC, its great reference, have a problem? simply pop the disk in, run the topic that covers your need, its that simple. Learn To Use Sage Task List Basic: * Add a new customer * Open an existing customer record * Add a new supplier * Open an existing supplier record * Add a new nominal account * Open a blank record * Add a new product code and save * Open a product record * Add a sales invoice * Add a credit note * Enter purchase invoice / Credit note * Allocate customer receipts * Allocate supplier payments * Add a nominal payment / receipt * Preview / Print aged debtors report * Enter sales invoices * Enter sales credit notes Advanced: * Transfer funds * Add a nominal journal * Create a skeleton journal * Blank reconciliation * Display VAT return * Analyse VAT totals * Print VAT return * Add a fixed asset * Posting depreciation * Add a prepayment * Posting prepayments and accruals * Write off, Refund, Return * Set access rights * Contra entries * Add receding entry * Correcting errors * Check and print Computerised Accounting System ============================== How does a computer works? Data Input Process Data Output Type of data processing: 1. Batch processing Transaction data are accumulated until a large volume can be processed at one time. Eg. Payroll, customer account and general ledger 2. On - line processing Processing transaction as they occur so that a user can obtain current information at any time. Eg. Accounts receivable, accounts payable and inventories. Manual vs. Computerised systems =============================== Manual accounting systems consists of source of documents, journals, ledgers and reports. In a computerised accounting system basically the same source of documents can be used but must be converted into a machine - readable format to be accepted as an input to the computer. Eg. Computerised receivables system Input : accounts receivable master file at the beginning of the period and the aacounts receivables transactions files required to update the beginning balances.

Rachel Akhazemea Essay

In the novel of mice and men John Steinbeck uses the two protagonists Lennie small and George Milton to show morals through-out the novella. Steinbeck uses the main characters to portrait the American dream. I realize Steinbeck vaguely gets us to explore each character feeling by feeling, but in the time of age they’re living in we get a clearer understanding of why they are the way they are. In this essay I will discuss the relationship between both George and Lennie, and why Steinbeck has decided to use two completely different characters in the same content. A rather key way in which Steinbeck introduces Lennie and George is through the use of description. In the opening of the novel, Steinbeck decides to create suspense for the characters. He uses metaphorical language to compare Lennie like an animal â€Å"the way a bear drags his paws†, the idea of Steinbeck doing this allows the reader to assumedly suggest what type of person Lennie is straight away, the imagery of the bear represents how masculine, strong and loud Lennie comes across to be, but on the other hand it could represent how sometimes a bear is unaware of its actions and is dangerous, therefore this foreshadows what happens later on in the novel. Our understanding of Lennie begins to grow as we read further on into the novel. We know Lennie is seen as a strong character physically and George is a strong character verbally, but not so much physically as Lennie. The relationship may face some challenges as they’re dialect is obviously different, you would assume two close friends would show unity in the way they come across, but Steinbeck doesn’t use this typical idea of friendship in the novel. As we read further on in the book we create an image for both characters. We start to realise how Lennie treats George as a father figure. Lennie, despite being slow and easily confused, is sure of this friendship. We see this when Lennie is subjected to answer Crooks’ joke when he says George might abandon him, Lennie jumps to reply â€Å"George wouldn’t do nothing like that† this shows that as dim-witted as Lennie seems, he will continue to reassure himself and believe that George would never leave because of the value of their relationship, from Lennie’s point of view, George is the most important person in his life his guardian and only friend. We also see that Lennie is reluctant and naà ¯ve; â€Å"but I wouldn’t eat none, George I’d leave it all for you. You could cover your beans with it and I wouldn’t touch none of it† the fact that Lennie outbursts in apology after George expresses to him his anger, goes to show the extent of earnestness Lennie has for their relationship, the idea that he is willing to sacrifice his desire (being ketchup) just shows how much he truly cares about George. We also see how much Lennie is dependant of George as he obeys George: â€Å"Yes† Lennie turned his head. â€Å"No, Lennie. Look down there across the river; you can almost see the place† Lennie obeys George† the fact that Lennie obeys George quickly shows there is a certain amount of respect for George, it shows he trusts George in whatever is being said, But we can then perceive this in two ways; a threatening, cruel way, or just the fact that Lennie understands the level of respect required with George. This also suggests to the reader that there are barriers in the relationship that affect how they treat each other, when Lennie chooses to obey George it may also show how Lennie cant decide for himself and he needs George to make his decisions for him. On the other hand, I have explored the way Lennie’s and George’s characters may change once they are around other people. We can also link this to the way George treats Lennie, George who is constructed as a responsible father-like man, and then seen as a reluctant carer to Lennie can be seen as a battle between two personalities in one person. We realise George’s personality changes when he is talking to Lennie and referring to the dream they both share: â€Å"George’s voice became deeper. He repeated his words rhythmically as though he had said them many times before. â€Å"Guys like us work on ranches†¦Ã¢â‚¬  the fact that Georges voice begins to get deeper as he starts to explain the dream shows how he feels towards it, sweet passionate George begins to reveal itself to the reader implying his interest in what he’s explaining, and it becomes more than words that he is speaking. But we then realise the contrast when George is talking amongst his work friends, George refers to Lennie as a â€Å"Crazy bastard† his dialect is a complete transition from when he was explaining the dream passionately. Describing Lennie as a crazy bastard may give the impression to the reader that George pretends he doesn’t understand the way Lennie is when he behaves unnecessary, showing how he may want to seem bigger than what he really is, in front of his work friends. George finds it hard to show his true love and compassion towards Lennie when around other people. In Chapter three George is talking to slim about the past, George explains to him how him and Lennie grew up together as neighbours, George mentions that when he first began travelling with Lennie he found it funny to play pranks on Lennie, but as they grew older they were no longer fun. We realise the relationship comes across barriers and obstacles especially because Lennie had a mental disability. â€Å"George herd Lennies whimpering cry and wheeled about, â€Å"blubbering like a baby! Jesus Christ! A big guy like you!† Lennies lip quivered and tears started in his eyes, â€Å"aw, Lennie† George put his hands on Lennie’s shoulder . â€Å"I aint taking it away for meanness, that mouse aint fresh..ect† Lennie cries like a baby, his reaction can be compared to a baby when they get told off, this may show mental weakness. The main thing about it is seeing a grown man cry, What is also interesting is now that George has made Lennie cry, George is considerably softened up by Lennies tears, Georges quick reply was â€Å"I aint taking it away jus for meanness† this shows George has a passionate side, he doesn’t want Lennie to be upset, but he still needs to show some control. We also recognize the quick transition in George as his emotions change from firm to soft, some people might perceive this is another way, the fact that George switches the way he talks to Lennie so sudden may show he is forced to put on a responsible role, George doesn’t want to be mean to Lennie, but Lennies behaviour forces him to. George’s sharp words can sometimes come across threatening to Lennie, his role of having to be responsible and caring towards him can be challenging for George. Into the second chapter as Lennie and George arrive at the camp and eventually go into meet the boss, George is very keen on being in control. His constant use of language is used to dominate the conversation. â€Å"Whats your name?† â€Å"George Milton† â€Å"and yours?† â€Å"George said, â€Å"His names Lennie small†. This shows us that George is carefully thinking about what may happen if he allows Lennie to talk, with full understanding that if Lennie says something out of content, they might loose their opportunity of working there. When we come to talk about how others may see the relationship, I find the boss’s perceiptive can be very intresting, as the boss is conversating with Small and Milton, the boss starts to suspect that George is using lennie to steal his money â€Å"he hacked his thumbs in his belt and squinted one eye nearly closed. Say what you sellin?† â€Å"huh?† â€Å"I said what stake you got in this guy† The boss miss interprets George’s authority and sees it as a way of George benefiting himself by taking Lennies money. When George knows he uses his authorative role to benefit them from losing their jobs. Later on in the novella, it is evident that George begins to feel fed up with Lennie, having to move locations all the time for every little mistake Lennie does. The fact that George ends ups killing Lennie clearly shows his lack of faith. George comes to a realisation that Lennie can not carry on the journey with him especially when he seems to be limiting him from going anywhere. I believe Steinbeck wants the reader to understand that sometimes you need to do the worst things to get the best results. He uses these two reluctant characters to portrait a hidden hope between them both, but the hope ends up getting crushed once George kills Lennie, which seemed like it was for the best. With a wider insight of what Steinbeck uses the characters for. I’ve analysed the way he uses the American dream with Lennie and George to separate them from the rest of the workmen. Lennie and George both share the same dream which keeps their hope through out their stay at their workplace. George says: â€Å"with us it aint like that. We got somebody to talk to that gives a damn about us. We don’t have so sit in no bar room blowin in our jack jus because we got no place to go, if them other guys gets in jail they can rot for all anybody gives a damn. But not us.. â€Å"the fact that George separates him and lennie from the other guys shows he sees everyone else differently, it shows they have a different mind-set to the rest of the guys and it shows they believe in something bigger and greater than in the walls of the ranch. Throughout the novel, Lennie seems to be unaware of what is right and what is wrong, and this comes across as a burden on george as he has to correct gim for every wrong thing he does. George knows just how easy his life could be without Lennie and all the confusion he causes. We understand this because at the start of the book George tells Lennie how he would get a decent job with nice guys to talk to and a good pay. Then at the end spend as much as he wanted. George’s life has been made harder because of Lennie, and until Lennie goes, he’ll forever be unhappy. When George is conversing with the boss, it’s interesting to see how Lennie can hide his strength which only emphasizes his weakness. The boss seems interested in hearing what Lennie can do, because of his masculinity and size, but now that Lennie has been forbidden to talk by George, he is afraid to communicate; â€Å"The boss pointed a playful finger at Lennie â€Å" he ain’t much of a talker, is he?† he’s sure a hell of a good worker. Strong as a bull† The fact that lennie is described as another animal for the 2nd time in this novel re-enforces Steinbecks idea of Lennie, it repeatedly foreshadows his behaviour now and what it could turn out to be, an animal has a lower mind-set than a human, less knowledgeable and less understanding. This episode also highlights’ how Lennie is weaker than George, Lennies physical build is very deceiving and he is limited by his mental ability and by his utter subjugation to George. We also realise the different types of features used such as imagery, metaphors and similes to dominate the scene or setting. â€Å"A water snake glided smoothly up the pool, twisting its periscope head from side to side, and it swam the length of the pool and came to the legs of a motionless heron that stood in the shallow. A silent head and beak lanced down and plucked it out by the head and the beak swallowed the little snake while its tail waved frantically† the great imagery here is used to begin section 6 to describe a setting like the ‘Garden of Eden’ this gives the reader a hint of what the scene may look like, a paradise heaven. The sliding snake represents the tempting serpent from the Garden of Eden, this symbolism is used to suggest the predatory nature of the world foreshadowing Lennies quick death. The innocent snake narrated in the beginning of the novel is now un-expectedly taken from the world and soon Lennie’s life will be taken from the world just as un expected as the snake. The idea that the snake is classed in a lower category than the Heron shows the difference between George and Lennie, George representing the predator and Lennie as the prey. We can often question ourselves on the way Steinbeck decided to end the book. The ending was certainly optimistic and interesting and especially un-expected. I believe Steinbeck wanted to get across to the readers that in order to pursue our dreams, we have to get rid of what’s stopping us from achieving, and in this case Lennie was topping George. Steinbeck also wants us to realise the amount of determination you need when you desperately want something. A successful way in which Steinbeck ends the novel is in the way he links it to the American Dream. The two protagonists lennie small and george Milton clearly help structure the hole idea of the American dream and the deep morals that come along side it. The American dream tells us that everyone is equal and everyone has same rights to achieve success, as long as effort is put into it. In this case, Lennie and George would love to persue their dream together, but Lennie’s mental ability and slow mindset holds them both back from achieving and becoming successful, Steinbeck clearly show this by proving – in order to persue your dreams, you need full submission, meaning getting rid of anything that is holding you back, and in this case, Lennie. Another way in which we could perceive the way Steinbeck uses the characters to portrait the American dream, is through their characteristics. Pursuing something great requires a lot of determination and a right mind set, it wasn’t that Lennie and George had no determination but lennie wasn’t in the perfect mind state to pursue the dream, so by George ending Lennies life, it allowed the extra stress to be released of Georges shoulders. Steinbeck simply uses this to show the reality side of things. The idea that the dream was reachable, but once George gave up on Lennie the dream became no longer attainable. The American dream was for anyone stable enough to work for what they want and to achieve it, but the purpose of the ending was another way of telling people that having a dream and striving for it is definitely not easy, he also gets us to understand that even though everyone around you may not believe in what you do, it does not mean you should stop believing in it. The main core of this novel was the suspense built between Lennie and George to show having a strong desire for something isn’t impossible.

Raves essays

Raves essays El caso Country y la cultura rave en venezuela Carlos Alberto Ayala Galavà ­s carnet # 60340 7/11/00 Basicamente un rave es un lugar, o mejor dicho, una fiesta; donde generalmente asisten todo tipo de sujetos, desde 50 hasta 25.000 personas, se escucha mà ºsica electrnica hasta despus del amanecer. Son fiestas donde la gente se dirige a ser quien realmente es y todos son aceptados como lo que verdaderamente son. En un rave se puede llevar a cabo la actividad que sea placentera para cada quien, como hablar, bailar, sentarse, dormir, etc. Un rave no se puede definir, debido a que la escena cambia de paà ­s en paà ­s, de ciudad en ciudad e incluso de persona en persona; todo depende de la mà ºsica, el lugar y el pà ºblico; lo que siempre se mantiene es el lema de paz, amor, unidad y respeto. La à ºnica forma de expresar la filosofà ­a de la cultura rave en una palabra es PLUR. Es la abreviacin de Peace, Love, Unity and Respect (Paz, Amor, Unidad y Respeto). Es un peque Paz: La razn por la cual a los ravers nos gusta la mà ºsica que escuchamos y nos divierte la forma en la que bailamos, es porque nos ayuda a alcanzar un estado de paz interior en cada uno de nosotros. Ser capaz de bailar de esa manera nos devuelve a la edad de cuatro abamos llenos de ego y libertad, antes de que la conciencia se apoderara de nuestros actos. Amor: El amor est estrechamente relacionado con la paz, debido a la paz interna de cada individuo, existe un sentimiento de aprecio y admiracin hacia todas y cada una de las personas presentes en el recinto donde se lleva a cabo el evento. Por ejemplo, en el momento que te acercas a un extra bebiendo agua de una botella y el te ve ban sera sonreir y ofrecer...

Timeline Start Essays

Timeline Start Essays Timeline Start Essay Timeline Start Essay Preconquest Twenty thousand years ago, Paleo-Indians crossed into North America from Asia. During the migrations, they divided into distinct groups, often speaking different languages. (Brands, H. W. , 2009) As the Indians dispersed across the North American continent they developed new food sources such as small mammals, fish, nuts and berries. Approximately 5,000 years ago they discovered how to cultivate certain plants and that is when knowledge of maize, squash and beans spread north from central Mexico. Native people living in the southwest acquired cultivation skills long before the bands living along the Atlantic coast. The shift to basic crops profoundly altered Native American societies. This is at times known as the â€Å"Agricultural Revolution. † The Agricultural Revolution also sparked population growth, allowing some groups, such as the Aztec Indians to structure their societies in more complex ways such as build vast cities, structure government bureaucracies, develop written communication through hieroglyphic writing and create an accurate solar calendar. The Eastern Woodland Indians, who lived along the Atlantic coast, had just begun to practice agriculture when the Europeans arrived. 1500-1650 When the British colonization occurred and large numbers of white men and women on the North American continent profoundly altered Native American cultures. Change did not occur at the same rates in all places. Villages on the Atlantic coast under came severe pressure almost immediately whereas groups further inland had more time to adjust. Regardless of where they lived the Indians discovered that conquest strained traditional ways of life, and as daily patterns of experience changed almost beyond recognition, the native people had to create new answers, new responses, and new ways to survive in physical and social environments that eroded tradition. English planters cleared forests and fenced in fields, and in the process, radically altered the ecological systems on which the Indians depended. The once vast and seemingly never ending supply of natural resources inevitable reduced the supply of deer and other animals essential to traditional native cultures. In addition to a change in their ecological system the Native Americans also experienced a change in the economic system. The welcomed in European commerce, but like many consumers before them discovered that the objects they longed for inevitably brought them into debt. In order to pay for the trade good they now had to hunt more aggressively and in doing so reduced their population of fur-bearing mammals even more. The most notable change for the Native Americans came with the â€Å"Columbian Exchange. † This came about when European conquerors exposed the Indians to several new fatal diseases and the Indians introduced the invaders to plants such as potatoes and corn. The Columbian Exchange is something that altered not only the Native Americans but also European history.

Pavane Should consider one of the most important dance in China Essay

Pavane Should consider one of the most important dance in China - Essay Example Though fast and moderately fast songs originally accompanied it, the dance can also be used for slow songs (Brown 1). The songs are based on the performance skills of the dancer. Through the attire adopted in the dance, it appears unique and very interesting. In demonstrating the importance of the pavane dance, a broad perspective on the dance will be considered as well as Yang Liping’s dance will be analyzed. It is therefore important that pavane dance should be given much importance in the dance department in China. Pavane is a dance that provides an intergenerational connection. Based on its history, the dance has a very important historical and cultural importance. Used by the French and Italy, it was adopted by the entire Europe and later spread across the world. China through its award-winning artists such as Yang Liping have presented this form of dance in their various presentations. In the historical context, the dance involved backward and forward movements in steps. The dancers would also sway side by side, as they raised their feet in a systematic manner. In addition, the dancers were in pairs as opposed to the current scenario where there can be a single dancer (Brown 5). This dance provides a very good basis of understanding the European culture since it basically relates closely to their ceremonies such as weddings. Yang Liping presents the dance in a spectacular way that makes attractive and worth considering in the Chinese Dance department. The dance is presented in a slow-motion manner with systematic body steps being made by Liping (You Tube 1). In addition, she uses only particular body parts in the dance as an expression of its composition. The dance goes very well with a slow song. Liping is able to capture the attention of the viewers since the steps and body movements made cannot be easily predicted. The dance is quite entertaining based on the use of diverse movements in the dance. On the other hand, her

RETIREMENT ASSIGNMENT Essay Example | Topics and Well Written Essays - 1250 words

RETIREMENT ASSIGNMENT - Essay Example (Show how you calculated your ending salary and the number that you calculated. Then answer the question about your desired retirement income.) Many financial planners suggest that retirement income (from all sources) should be from 70% to 100% of the salary one had in the last year before they retire. How large will your portfolio have to be (when you retire) to provide your desired standard of living? This problem asks how much money you must accumulate (PVA) by the time you retire or are done working to live for n years, on a retirement income of (PMT) per year if you earn interest rate i. For example, imagine somebody about to retire today, who assumes that they are going to live for n=20 years, wants an income (PMT) = $200,000 per year during their retirement and their annuity earns i = 10% interest: Or, verbally, if this person had a portfolio of $1,702,712 on the day they retired, if they lived for another 20 years, and earned 10%, their annuity would pay $200,000 per year, and there will be nothing left when the person died. (Remember this example is for today: Your number will be much larger because your retirement will take place almost 50 years from now.) Value of Defined Benefit Plan with Single Employer: Suppose you take your first job with an employer that offers a defined benefit retirement plan and a beginning salary of $54,000/yr. Suppose also that you average 5.0% raises every year and that you stay with the same employer for all 48 years of your career. Note that during your 48-year career, you will receive 47 raises, the last of which happens on your last working day, which is also your 70th birthday. (No matter your current age, consider that you start working at age 22, and retire at 70). Assume a salary of $54,000 in the first year and an inflation rate of 2.0%. c. Assuming that the employer’s defined benefit plan pays 1.25% of ending salary per year of employment, what