If you agree or disagree that the company is paying too much for their Assignment

On the off chance that you concur or differ that the organization is paying a lot for their CEOs. Is it legitimize or not legitimize for the enormous organizations - Assignment Example The difficult work is done by junior representatives or different directors, for example, the human asset supervisor, the money administrator and others. They at that point take the completed work to the CEO for endorsement which is as an insignificant mark after everything about the work being disclosed to them. They likewise simply show up out in the open as the face behind the accomplishment of the organization while they really are definitely not. The greater part of these CEOs are in reality just manikin pioneers in the organization and particularly in those organizations where there is a top managerial staff. The governing body settles on a ultimate conclusion which the CEO at that point signs and disperses to the remainder of the staff. This is an away from of the absence of work they complete and henceforth don't merit such a huge pay. It doesn't make a difference whether the organization is huge dislike the 21st Century Fox. On the off chance that the organization is getting an excess of cash to the degree of granting its CEO such a huge compensation and on everything gets granted other different advantages, at that point they ought to disperse a portion of these benefits to the best performing representatives as an inspiration to the rest. It can likewise be placed into corporate social duty to help the remainder of the general public. On the off chance that this choice can't be made by the CEO himself, to decline to acknowledge such a huge pay, at that point the CEO is egotistical. It is reasonable that the CEO has endeavored to arrive at that position and subsequently merits the significant salary as a prize for the past endeavors however the compensation should even now not be incredibly high. There are numerous individuals that are enduring on the planet and can utilize a little money related help from the corporates. The most extreme pay ought to be a normal of $2 million notwithstanding the other incidental advantages and the additional cash be utilized to give the help to those deprived in the general public. Genuine CEOs who are valid and authentic pioneers should accept a decrease in salary else they will be ordered with the

Cathay Pacific Management Problems free essay sample

In the accompanying parts, we look profound into two significant individuals the executives issues about the client administrations officials in this organization. The first is about the dissent of the diminished size and offices of new rest room. Another is about the expanding extra time work. Investigation OF PROBLEMS Problem 1 Causes Over a hundred of Customer administrations officials would not stay at work longer than required for three back to back days so as to fight the decrease of the size and offices of their new rest room. In view of the decrease of cleanliness factors, ground groups are progressively disappointed with their activity and they are probably going to have unionization endeavors. Individuals Management Problems First of all, the ground groups thought about that they were not treated reasonably as they saw that the techniques chose by Cathay are unjustifiable. In spite of the fact that the staffs are straightforwardly influenced by the changing situation of the new rest room, they have not been engaged with this procedure of dynamic. Thus, because of the absence of procedural equity, it is viewed as out of line by the teams. Also, the decrease of the sizes and offices of rest room caused an expansion in disappointment of the ground staff. As per Herzberg’s Two-Factor hypothesis, fulfillment and disappointment are not alternate extremes but rather separate builds. In spite of the fact that Cathay is intending to give couch and TV in the new rest room, this can just assistance the staff changes their disappointment to normal. Results: Impacts to authoritative execution Because of the decrease of cleanliness factors, for example, a littler rest room and less offices, work disappointment was made. Disappointed representatives are bound to miss work and reject to stay at work longer than required. For this situation, the groups would not stay at work past 40 hours for three continuous days. What's more, the typical activity of the organization would be influenced without enough ground staff to serve clients. In this way, non-appearance will impact Cathay enormously. At long last, the progressions made by Cathay Pacific, for example, diminishing the measures of the rest room, made an opposition change of the staff. For example, the teams would not work. Those activities could be treated as an unmistakable and quick type of protection from changes. This shows groups didn't acknowledge their adjustment in their condition. Henceforth, the workers have voiced out their remarks to communicate their disappointment. For instance, the staff have assembled more than 100 representatives to reject staying at work past 40 hours for three days and wanted to proceed with this demonstration at the pinnacle time frame, similar to Christmas, if the administration level disregard and don't react to their activity. Issue 2 Causes Many ground teams of Cathay Pacific guaranteed that their outstanding burdens are inadmissible. The issue is getting increasingly genuine since the organization is presently halting to employ new groups and expecting them to chip away at day-offs. Accordingly, the staff thought their advantages were diminished contrast and the past. Individuals Management Problems Right off the bat, as indicated by Adam’s Equity Theory, representatives contrast their apportions of results with contributions of important others. For this situation, the representatives contrasted themselves and a self-inside circumstance, which is contrasting their present circumstance and it was previously. They discovered their proportion diminished as a result of pay (exertion paid) increment and result (compensation got) decline. Since they viewed themselves as under-compensated, they took activities to diminish strain and need to take the circumstance back to typical. For instance, emblematic dissent was developed. They began to â€Å"work as per the rules† and denied an extra time work. In this manner, this is one sort of ill-conceived political conduct under force in real life. Another issue looked by Cathay is the contention between its administration and workers. As referenced over, the ground teams apparent that the organization has adversely influenced their concerned working conditions. This contention might be come about because of poor correspondence between the two gatherings, absence of transparency of the organization, and inability to react to workers needs. Clearly Cathay neglected to react to its groups needs. Many ground staff grievance there is an expanding measure of work and additional time works. Cathay, be that as it may, didn't see the overwhelming outstanding task at hand among the staff. Along these lines, there is felt strife shows up among the influenced representatives, who have negative feelings, may make threatening vibe, question, and negative translation to the organization. Results: Impacts to authoritative execution Due to the negative feelings among the representatives, they have a freak working environment conduct. For instance, they gathered against the company’s arrangement on expecting them to take a shot at occasion. This may influence the altruism of Cathay. Along these lines, visit degenerate working environment conduct impact the general execution of Cathay is decreased. In addition, they voiced out their anxiety by attempting to-manage and would not stay at work past 40 hours. They effectively and usefully endeavor to compound the conditions as they understood that offering strain to the administration level could stand out for them to the circumstance. For instance, challenge extra time work to voice out their disappointments to the administration level for development. This demonstration would straightforwardly influence the organization and the travelers as the boarding methodology is eased back down. Right off the bat, as the ground staff sees that the choice procedure is unjustifiable, the organization should complete participatory administration, which can welcome the ground staff agents to take an interest in the dynamic procedure. For instance, the official of Cathy Pacific can hold a gathering with the representatives to talk about the issues and arrangements together before taking any activities. Through procedure control, the staff will acknowledge a ultimate choice simpler despite the fact that the outcome isn't what they anticipated. Likewise, to give clarifications for the results, Cathay can give proof on how the organization decides employees’ outstanding task at hand. On the off chance that the teams find that the organization is utilizing a similar technique on deciding their remaining task at hand, it would diminish their sentiment of being unreasonably treated. Subsequently, it can expand the representative commitment. Also, so as to move the staff from normal to fulfillment, administrators of Cathay Pacific ought to furnish subordinates with inspirations. Helpers incorporate something inherent like feeling of accomplishment and duties. By furnishing them with sparks, chiefs can make staff feeling like the association is prizing their exertion. It assists with expanding the feeling of having a place of the staff. Along these lines, staff would work more diligently and build their fulfillment on the off chance that they saw the hierarchical help. Thirdly, to lessen the non-attendance Cathay can make the staff sincerely join to the organization. By expanding the full of feeling responsibility of the ground staff, it can likewise raise their hierarchical pledge to the organization. For instance, Cathay can set up an office to gather the feeling and whines starting from the earliest stage. By embracing this strategy, representatives will feel that Cathay is care about their needs and needs. Consequently, the apparent authoritative help of the ground staff would build, which follow by a superior presentation of the staff. At last, to turn the protection from change to be practical and help the organization getting increasingly successful and proficient, Cathay Pacific should let the teams to have banter. Through discussion, which is a correspondence, the executives of Cathay could see progressively about the cutting edge staff. Additionally, the executives can impart the circumstance of the organization to the staff and attempt to come up an understanding that is best for all gatherings with the staff. Elective answer for issue 2 Right off the bat, Cathay Pacific should survey their employees’ results to-inputs apportions. The organization ought to reestablish the apportion with the goal that workers would feel they are being dealt with reasonably. Additionally, if the O/I proportion contrasting with other organization of the business is uninterested, the organization can clarify the reasons of lessening the room size and making successive course of action of extra time work to the staff. With enough correspondence, representatives would build the apparent hierarchical help. Subsequently, the representatives accept the organization esteems their commitment and their prosperity, consequently improve the activity fulfillment of the workers. Also, to take care of the contention issue, the expectations of the organization ought to be chosen first. It relies upon the helpfulness and confidence that Cathay needs to endeavor. In any case, the most ideal approach to deal with the contention is teaming up, which is the two gatherings want to fulfill the worries of each other. This implies the ground groups need to comprehend the trouble their organization confronted when a considerable lot of them didn't go to work all the while. In the interim, Cathay ought to perceive that overwhelming outstanding burdens emerge among its workers, and certain peace promotion methods must be utilized. For example, extending HR can assist with taking care of the issue. Adding more ground teams to serve clients can partition the measure of work of the current client support officials. Thus, customer’s fulfillment and dedication will be expanded if the forefront representatives are eagerness for their activity. The fulfilled developed will be all the more well disposed, peppy and responsive which the clients appreciate. Likewise, it gives positive client results that may expand the benefit of the organization as well. Later on, it has a beneficial outcome towards the organization.

Sabrosura!

Sabrosura! Last night, the Latino Cultural Center (LCC) groups hosted their annual cultural night, Sabrosura! Sabrosura, as described to me, means: “sabor = taste…sabroso = delicious/tasteful…sabrosura = even more tasteful?yeah so some variation of deliciousness/tastefulness” This night was just that, deliciousness and tastefulness. (MIT Student Center, Lobdell Dining Room; Photo Credits: Joy Ekuta, ‘13) First on the deliciousness menu, there was a smorgasbord of amazing food from both Peru and the Dominican Republic. (FOOOOOOOOD !!! :D; Photo Credits: Joy Ekuta, ‘13) Next, for tastiness, there were live performances by … Inkas Wasi (http://inkaswasi.com/), a local Peruvian band (Photo Credits: Joy Ekuta, ‘13) MIT Casino Rueda, our very own, super talented, salsa troupe. (Photo Credits: Joy Ekuta, ’13) (Photo Credits: Joy Ekuta, ‘13) (Photo Credits: Joy Ekuta, ’13) and Mariachi Palenque (http://www.bostonmariachi.com/), a Boston based mariachi band. (Photo Credits: Joy Ekuta, ‘13) To top off the night, Boston’s own DJ Phix turned the tables with the latest Salsa and Reggaeton hits for hours and hours of dancing fun! Sabrosura was AMAZING, tasty, delicious, fun, entertaining, fun, filling, exciting, other adjectives that show you how cool this event was! And the BEST part is, I got to dress up for it!! (Me in my new red dress con mi novio; Photo Credits: Joy Ekuta, ‘13) I can’t wait until next year!

The Pros and Cons of Cell Phones Essay - 1043 Words

The effects of technology on society will always be a double edged sword. The debate is a never ending one, in which both sides have valid and compelling arguments. The Industrial Revolution reduced manual labor in the long run, but had negative consequences such as child labor and sweatshop conditions. Nuclear Power reduces the cost of producing energy, but raises serious environmental issues like pollution and radiation. In this day in age refusing to assimilate to at least some form of modern living is simply not an option. One invention causing controversy today that has yet to cease being alter, modified, and â€Å"improved† since its debut is the ever present cell phone. Even as I sit here typing this paper, my own†¦show more content†¦alone every year. The issue of driving while talking on a cell phone has become serious enough that five states have passed laws prohibiting this type of act and making it a primary offense to do so. Not only are drivers ta lking behind the wheel, but many have admitted to engaging in even more potentially dangerous behavior with their phones such as text messaging and surfing the internet. A distracted driver is a dangerous one. If you are focused on a conversation and your eyes are not on the road, drivers cannot be expected to make a quick and safe decision should the need for one arise. The behavior of a driver while using a cell phone has been compared to that of one driving while under the influence. Studies have shown that those who use a cell phone while driving are four times more likely to be involved in a crash than those who don’t. On the flip side, it is very reassuring to know as you are driving down the highway that if you were to get a flat tire or your engine were to overheat you could flip open that gadget in the cup holder next to you and have a plan b on the way. Cell phones have also been used to make calls in more serious life and death situations where immediate help is needed. Obviously, having a cell phone in your car within reach is much better when the seconds count than finding the nearest land line. One of the earliest complaints of cell phones was the disturbances theyShow MoreRelatedThe Pros and Cons of Owning a Cell Phone790 Words   |  4 PagesThe pros and cons of owning a cell phone Broc Barchard COMM/112 April-08-2013 Kerry Moquett The pros and cons of owning a cell phone Annotated Bibliography: Are cell phones controlling us? I generally like this source because it goes into great detail about the evolution of cell phones. Starting back in 1984 the first cell phone was basically a brick, and now the cell phones used today are way smaller. Also this source talks about devices becomingRead MorePros and Cons of Cell Phones in Schools626 Words   |  3 PagesAmericans place and receive most, if not all, of their calls on a wireless phone. The increase in cell phone usage has expanded into our children’s schools. Many children in today’s society carry a cell phone on their person to school. This increase of usage and change of demographic has created a debate in many schools. Read more: Pros Cons of Cell Phones in Schools | eHow.com http://www.ehow.com/about_5393195_pros-cons-cell-phones-schools.html#ixzz29NbPSPub School Emergencies The increase of schoolRead MoreCell Phones : Pro Vs. Con1025 Words   |  5 PagesCell Phones: Pro vs. Con Cell phones have come a long way since April 3, 1973 when the first phone was invented. The first call in history was made that day by Motorola employee Martin Cooper, as he stood next to a 900 MHz base station in New York City and phoned to the headquarters of Bell Labs in New Jersey (The Cellphone Turns 40: Remembering Martin Cooper’s Historic Call). Since that day, cell phones have evolved to become what is now a all-in-one master piece. A current cell phone removes theRead MoreThe Pros and Cons of Cell Phones Essay2268 Words   |  10 PagesMartin Cooper changed the world by making the world’s first cell phone call. With a 10-inch-long, 2.5-pound phone nicknamed â€Å"the brick† he called his engineering nemesis at the much bigger company Bell Labs (Here Now, 2014). The phone gave 30 minutes of talk time after 10 hours of recharging and it cost a grand total of $3995. In those days, the average middle-class person could not afford to buy a mobile phone. By the late 1990s, cell phones became progressively accessible to the overall populationRead MorePros And Cons Of Teenage Cell Phone Use1023 Words   |  5 PagesDecember 2014 Pros and Cons of Teenage Cell Phone Use Cell phones have become a major part of people’s lives. They are probably one of the biggest inventions when it comes to communication because of the many functions that they are capable of performing. The use of cell phones has become especially popular among teens as it is a major part of teenage social life. One source states that â€Å"22 percent of children ages 6 to 9 own a cell phone; 60 percent of tweens ages 10 to 14 own a phone, and 84 percentRead MorePros And Cons Of Cell Phones In School1036 Words   |  5 Pagesbe able to understand that phones CAN help you learn! Phones give us opportunities to hold many useful things such as calculators, passwords, and our schedules. I can see that they would want to take it away because it is â€Å"distracting†, but I honestly think that it is more distracting not having it then actually having it, now all we can think about is checking our phones. Although much of the public debate is against it, there are pros assoc iated with allowing cell phones in school. These advantagesRead MoreThe Pros And Cons Of The Use Of Cell Phones While Driving1809 Words   |  8 PagesIt is known that the use of cell phones, specifically handheld use such as texting, while driving decreases driver awareness and the overall safety of roads. In response to this knowledge, some states have passed laws that have outlawed the use of handheld devices, and while there should be laws that definitively outlaw handheld usage, is there enough empirical evidence to outlaw hands free usage of cell phones? In other words, does hands free usage of cell phones, via bluetooth, speakerphone, etcRead MoreCell Phones for Young People Useful or Distracting?1031 Words   |  5 Pages There has always been controversy as to whether texting and cell phone use can cause young people to be less likely to be able to concentrate and focus. As young citizens we have the right to be able to own a cell phone and not be criticized using it for educational reasons. Phones give you access to the internet, teach responsibility, and is an emergency access to contact parents; however it can cause cheating in class room areas by sharing answers, it can distract people from doing work in classRead MorePersonal and Mobile Computing Essay1454 Words   |  6 Pagesonline news cite by using his/her mobile device to read or find out different information. Furthermore, mobile computing will be discussed along with the different types of computing devices ; such as laptops , smart phones ,tablets , I pads , and E Book Readers. Likewise, the pros and cons will be deliberated as well, along with the history, and lastly why is technology currently playing a huge role in diverse people daily lifestyles? To sum it a mobile computer is efficiently any computing device thatRead MoreEssay on Cell Phone Use in Schools Should Not be Banned1401 Words   |  6 PagesShould students be able to use cell phones during class periods? This is a question a lot of students and parents have asked themselves. The invention of cell phones started a debate for many schools. Many schools accept the use of cell phones but experience a lot of frustration over them. There are many reasons for and against the use of cell phones in schools. People who support cell phone use in schools are usually teenagers. People who disagree with cell phone use in schools are usually teachers

The Yellow Wallpaper by Charlotte Perkins Gilman - 699 Words

Charlotte Perkins Gilman (July 3, 1860- August 17, 1935) was a feminist, sociologist, novelist, and writer. She started off selling soap bars door to door. She then moved to Pasadena and became part of the social reform movement. In 1896, she represented California as a delegate at the Suffrage Convention in Washington, D.C. and the International Socialist and Labor Congress in England. In 1890, Nationalism was introduced to Gilman. Her poem, â€Å"Similar Cases†, was published the Nationalist magazine. During that year she fell in love with writing and begin to write fifteen essays, poems, a novel, and short stories. She also became a role model for the feminist movement for her unusual image and behavior. In her intriguing short story, â€Å"The Yellow Wallpaper†, she portrays her feministic point of views. The narrator of â€Å"The Yellow Wallpaper† is an unnamed woman. She recently had a child and is going through post-partum depression. Her and her family de cided to get away for the summer and stay at a mansion. John, her husband, decides to put her in the room upstairs to keep her away from stressful occasions and upsetting events so she can relax. She writes in her journal daily, and begins to slowly go into psychosis without any incentive. The room her husband put her in has yellow wallpaper, and she becomes highly obsessed with the patterns and figures in the wallpaper. She starts to believe the woman in the pattern is trying to escape and be free. The narrator tries to helpShow MoreRelatedThe Yellow Wallpaper By Charlotte Perkins Gilman885 Words   |  4 Pagesbeen a stigma around mental illness and feminism. â€Å"The Yellow Wallpaper† was written by Charlotte Perkins Gilman in the 1900’s. â€Å"The Yellow Wallpaper† has many hidden truths within the story. The story was an embellished version her own struggle with what was most likely post-partum depression. As the story progresses, one can see that she is not receiving proper treatment for her depression and thus it is getting worse. Gilman uses the wallpaper and what she sees in it to symbolize her desire to escapeRead MoreThe Yellow Wallpaper By Charlotte Perkins Gilman846 Words   |  4 PagesHumans are flawed individuals. Although flaws can be bad, people learn and grow from the mistakes made. Charlotte Perkins Gilman’s short story, â€Å"The Yellow Wallpaper†, gives one a true look at using flaws to help one grow. Gilman gives her reader’s a glimpse into what her life would have consisted of for a period of time in her life. Women were of little importance other than to clean the house and to reproduce. This story intertwines the reality of what the lives of woman who were considered toRead MoreThe Yellow Wallpaper By Charlotte Perkins Gilman1362 Words   |  6 Pagesas freaks. In the short story â€Å"The Yellow Wallpaper† by Charlotte Perkins Gilman, both of these elements are present. Gilman did a wonderful job portraying how women are not taken seriously and how lightly mental illnesses are taken. Gilman had, too, had firsthand experience with the physician in the story. Charlotte Perkins Gilman s believes that there really was no difference in means of way of thinking between men or women is strongly. â€Å"The Yellow Wallpaper† is a short story about a woman whoRead MoreThe Yellow Wallpaper By Charlotte Perkins Gilman1547 Words   |  7 PagesCharlotte Perkins Gilman s career as a leading feminists and social activist translated into her writing as did her personal life. Gilman s treatment for her severe depression and feelings of confinement in her marriage were paralleled by the narrator in her shorty story, The Yellow Wallpaper. Charlotte Perkins Gilman was born in 1860 in Hartford, Connecticut. Her parents, Mary Fitch Perkins and Fredrick Beecher Perkins, divorced in 1869. Her dad, a distinguished librarian and magazine editorRead MoreThe Yellow Wallpaper By Charlotte Perkins Gilman2032 Words   |  9 Pagesâ€Å"The Yellow Wallpaper† by Charlotte Perkins Gilman is a poem about women facing unequal marriages, and women not being able to express themselves the way they want too. Charlotte Perkins Gilman was born in 1860, and died in 1935. This poem was written in 1892. When writing this poem, women really had no rights, they were like men’s property. So writing â€Å"The Yellow Wallpaper† during this time era, was quite shocking and altered society at the time. (Charlotte Perkins Gilman and the Feminization ofRead MoreThe Yellow Wallpaper By Charlotte Perkins Gilman904 Words   |  4 Pagescom/us/definiton/americaneglish/rest-cure?q=rest+cure). Charlotte Perkins Gilman wrote The Yellow Wallpaper as a reflection of series of events that happened in her own life. Women who fought the urge to be the typical stereotype were seen as having mental instabilities and were considered disobedient. The societal need for women to conform to the standards in the 1800s were very high. They were to cook, clean and teach their daughters how to take care of the men. Gilman grew up without her father and she vowedRead MoreThe Yellow Wallpaper By Charlotte Perkins Gilman999 Words   |  4 Pages â€Å"The Yellow Wallpaper† is a story of a woman s psychological breakdown, which is shown through an imaginative conversation with the wallpaper. The relationship between the female narrator and the wallpaper reveals the inner condition of the narrator and also symbolically shows how women are oppressed in society. The story, read through a feminist lens, reflects a woman s struggle against the patriarchal power structure. In the â€Å"The Yellow Wallpaper†, Charlotte Perkins Gilman uses the wallpaperRead MoreThe Yellow Wallpaper By Charlotte Perkins Gilman Essay1208 Words   |  5 Pagesthat wallpaper as I did?† the woman behind the pattern was an image of herself. She has been the one â€Å"stooping and creeping.† The Yellow Wallpaper was written by Charlotte Perkins Gilman. In the story, three characters are introduced, Jane (the narrator), John, and Jennie. The Yellow Wallpaper is an ironic story that takes us inside the mind and emotions of a woma n suffering a slow mental breakdown. The narrator begins to think that another woman is creeping around the room behind the wallpaper, attemptingRead MoreThe Yellow Wallpaper By Charlotte Perkins Gilman846 Words   |  4 PagesThe dignified journey of the admirable story â€Å"The Yellow Wallpaper† created by Charlotte Perkins Gilman’s, gave the thought whether or not the outcome was influenced by female oppression and feminism. Female oppression and feminist encouraged a series of women to have the freedom to oppose for their equal rights. Signified events in the story â€Å"The Yellow Wallpaper† resulted of inequality justice for women. Charlotte Perkins Gilman gave the reader different literary analysis to join the unjustifiableRead MoreThe Yellow Wallpaper By Charlotte Perkins Gilman1704 Words   |  7 PagesEscaping The Yellow Wallpaper Charlotte Perkins Gilman (1860-1935) whom is most acclaimed for her short story The Yellow Wallpaper (1891) was a women’s author that was relatively revolutionary. Gilman makes an appalling picture of captivity and confinement in the short story, outlining a semi-personal photo of a young lady experiencing the rest cure treatment by her spouse, whom in addition to being her husband was also her therapist. Gilman misused the rest cure in The Yellow Wallpaper to alarm other

Digital Fortress Chapter 31 Free Essays

Susan returned to Node 3. Her conversation with Strathmore had made her increasingly anxious about David’s safety. Her imagination was running wild. We will write a custom essay sample on Digital Fortress Chapter 31 or any similar topic only for you Order Now â€Å"So,† Hale spouted from his terminal. â€Å"What did Strathmore want? A romantic evening alone with his head cryptographer?† Susan ignored the comment and settled in at her terminal. She typed her privacy code and the screen came to life. The tracer program came into view; it still had not returned any information on North Dakota. Damn, Susan thought. What’s taking so long? â€Å"You seem uptight,† Hale said innocently. â€Å"Having trouble with your diagnostic?† â€Å"Nothing serious,† she replied. But Susan wasn’t so sure. The tracer was overdue. She wondered if maybe she’d made a mistake while writing it. She began scanning the long lines of LIMBO programming on her screen, searching for anything that could be holding things up. Hale observed her smugly. â€Å"Hey, I meant to ask you,† he ventured. â€Å"What do you make of that unbreakable algorithm Ensei Tankado said he was writing?† Susan’s stomach did a flip. She looked up. â€Å"Unbreakable algorithm?† She caught herself. â€Å"Oh, yeah†¦ I think I read something about that.† â€Å"Pretty incredible claim.† â€Å"Yeah,† Susan replied, wondering why Hale had suddenly brought it up. â€Å"I don’t buy it, though. Everyone knows an unbreakable algorithm is a mathematical impossibility.† Hale smiled. â€Å"Oh, yeah†¦ the Bergofsky Principle.† â€Å"And common sense,† she snapped. â€Å"Who knows†¦Ã¢â‚¬  Hale sighed dramatically. â€Å"There are more things in heaven and earth than are dreamt of in your philosophy.† â€Å"I beg your pardon?† â€Å"Shakespeare,† Hale offered. â€Å"Hamlet.† â€Å"Read a lot while you were in jail?† Hale chuckled. â€Å"Seriously, Susan, did you ever think that maybe it is possible, that maybe Tankado really did write an unbreakable algorithm?† This conversation was making Susan uneasy. â€Å"Well, we couldn’t do it.† â€Å"Maybe Tankado’s better than we are.† â€Å"Maybe.† Susan shrugged, feigning disinterest. â€Å"We corresponded for a while,† Hale offered casually. â€Å"Tankado and me. Did you know that?† Susan looked up, attempting to hide her shock. â€Å"Really?† â€Å"Yeah. After I uncovered the Skipjack algorithm, he wrote me-said we were brothers in the global fight for digital privacy.† Susan could barely contain her disbelief. Hale knows Tankado personally! She did her best to look uninterested. Hale went on. â€Å"He congratulated me for proving that Skipjack had a back door-called it a coup for privacy rights of civilians all over the world. You gotta admit, Susan, the backdoor in Skipjack was an underhanded play. Reading the world’s E-mail? If you ask me, Strathmore deserved to get caught.† â€Å"Greg,† Susan snapped, fighting her anger, â€Å"that back door was so the NSA could decode E-mail that threatened this nation’s security.† â€Å"Oh, really?† Hale sighed innocently. â€Å"And snooping the average citizen was just a lucky by-product?† â€Å"We don’t snoop average citizens, and you know it. The FBI can tap telephones, but that doesn’t mean they listen to every call that’s ever made.† â€Å"If they had the manpower, they would.† Susan ignored the remark. â€Å"Governments should have the right to gather information that threatens the common good.† â€Å"Jesus Christ†-Hale sighed-â€Å"you sound like you’ve been brainwashed by Strathmore. You know damn well the FBI can’t listen in whenever they want-they’ve got to get a warrant. A spiked encryption standard would mean the NSA could listen in to anyone, anytime, anywhere.† â€Å"You’re right-as we should be able to!† Susan’s voice was suddenly harsh. â€Å"If you hadn’t uncovered the back door in Skipjack, we’d have access to every code we need to break, instead of just what TRANSLTR can handle.† â€Å"If I hadn’t found the back door,† Hale argued, â€Å"someone else would have. I saved your asses by uncovering it when I did. Can you imagine the fallout if Skipjack had been in circulation when the news broke?† â€Å"Either way,† Susan shot back, â€Å"now we’ve got a paranoid EFF who think we put back doors in all our algorithms.† Hale asked smugly, â€Å"Well, don’t we?† Susan eyed him coldly. â€Å"Hey,† he said, backing off, â€Å"the point is moot now anyway. You built TRANSLTR. You’ve got your instant information source. You can read what you want, when you want-no questions asked. You win.† â€Å"Don’t you mean we win? Last I heard, you worked for the NSA.† â€Å"Not for long,† Hale chirped. â€Å"Don’t make promises.† â€Å"I’m serious. Someday I’m getting out of here.† â€Å"I’ll be crushed.† In that moment, Susan found herself wanting to curse Hale for everything that wasn’t going right. She wanted to curse him for Digital Fortress, for her troubles with David, for the fact that she wasn’t in the Smokys-but none of it was his fault. Hale’s only fault was that he was obnoxious. Susan needed to be the bigger person. It was her responsibility as head cryptographer to keep the peace, to educate. Hale was young and naive. Susan looked over at him. It was frustrating, she thought, that Hale had the talent to be an asset in Crypto, but he still hadn’t grasped the importance of what the NSA did. â€Å"Greg,† Susan said, her voice quiet and controlled, â€Å"I’m under a lot of pressure today. I just get upset when you talk about the NSA like we’re some kind of high-tech peeping Tom. This organization was founded for one purpose-to protect the security of this nation. That may involve shaking a few trees and looking for the bad apples from time to time. I think most citizens would gladly sacrifice some privacy to know that the bad guys can’t maneuver unchecked.† Hale said nothing. â€Å"Sooner or later,† Susan argued, â€Å"the people of this nation need to put their trust somewhere. There’s a lot of good out there-but there’s also a lot of bad mixed in. Someone has to have access to all of it and separate the right from wrong. That’s our job. That’s our duty. Whether we like it or not, there is a frail gate separating democracy from anarchy. The NSA guards that gate.† Hale nodded thoughtfully. â€Å"Quis custodiet ipsos custodes?† Susan looked puzzled. â€Å"It’s Latin,† Hale said. â€Å"From Satires of Juvenal. It means ‘Who will guard the guards?’ â€Å" â€Å"I don’t get it,† Susan said. † ‘Who will guard the guards?’ â€Å" â€Å"Yeah. If we’re the guards of society, then who will watch us and make sure that we’re not dangerous?† Susan nodded, unsure how to respond. Hale smiled. â€Å"It’s how Tankado signed all his letters to me. It was his favorite saying.† How to cite Digital Fortress Chapter 31, Essay examples

Vegetation Recovery Using Remote Sensing Image In Yellowstone National Park after the Fires in 1988

Literature Review The Connection between Vegetation Recovery and Burning Severity of Fires Before analyzing the images produced by means of remote sensing, it is necessary to analyze the aspects and criteria according to which the images can detect various patterns of vegetation recovery after the fire. Specifically, much research has been done on the analysis of connection between biodiversity and remote sensing techniques as well as other methods for types of recovery vegetation.Advertising We will write a custom term paper sample on Vegetation Recovery Using Remote Sensing Image In Yellowstone National Park after the Fires in 1988 specifically for you for only $16.05 $11/page Learn More According to Kennedy, remote sensing contributes greatly to the analysis of vegetation cover and provides sufficient information about atmospheric chemistry (133). In particular, satellite remote sensing techniques can provide exhaustive data on the patterns and criter ia necessary for analyzing sophisticated interactions and mechanisms connecting fire density, vegetation cover, atmospheric chemistry, and climate. The researcher has found that gas emitted into atmosphere as well as shifts occurred to the atmospheric ratio is possible to effectively detect with the help of remote sensing. However, the examination of such dependencies does not provide viable solutions to the analysis of vegetation recovery in relation to temporal scales. Still, there is a possibility to identify the nature of gasses emitted. More detailed information on this issue is provided by Turner et al. who have managed to provide sufficient justification to remote sensing images and how they can be used to identify various types of forests and vegetation (306). According to the researcher, â€Å"†¦recording numerous densities at different heights throughout the canopy and enables three-dimensional profiles of vegetation structure to be made† (Turner et al. 307). W ith the help of this data, it is possible to detect the potential for such techniques as mapping of sub-canopy layers and emergent tree species. A great contribution to the analysis of distribution patterns and habitat categorizations carried with the help of remote sensing techniques. This examination has been provided by Debinsky, Kindsher, and Jakubauskas (3281). The researchers have also applied to Landsat TM data analysis in order to evaluate various forest and meadow types in Yellowstone Park. Importantly, the studies also seek to define the relation between vegetations areas and animal species distribution which is quite essential because the foci of birds and animals can be the indicators of dense vegetation.Advertising Looking for term paper on geography? Let's see if we can help you! Get your first paper with 15% OFF Learn More Particular species can be affiliated to a particular vegetation pattern. Interestingly, the research conducted by Debinski et al, rev eals â€Å"large differences in species distribution patterns among remotely sensed meadow types† in different temporal dimensions (3283). The same concerns are considered by Gould (1861). White et al have also been more consistent and pertinent to our research considerations (125). In their studies, they emphasize that aside from vegetations patterns, there are also burning severity patterns resulted in different topographic vegetation. The patterns are received with the help of satellite data that show significant changes in physical characteristics of burnt areas. The researchers have discovered that it is necessary to be knowledgeable about electromagnetic energy. In this respect, they have also defined that â€Å"†¦more severely burned areas have less vegetation cover and different radiation budgets in post-fire years† (White et al.124). Such important deductions will be of great relevance to our research because different patterns of burning severity will as sist in analyzing the patterns presented in Yellowstone National Park. With regard to the consideration presented above, it should be emphasized that the vegetation recovery change patterns largely depend on the burning severity of fire. This linkage is revealed through carbon dioxide density, biophysical characteristics of burnt areas, radiation and spectral analysis, and electromagnetic energy. Spectral Analysis with Regard to Vegetation Recovery Patterns A possibility to distinguish the changing patterns of vegetation recovery and burning severity cannot be solely relied because such factors as the process of spectral analysis and carbon dioxide density are crucial in providing an accurate and consistent examination of temporal characteristics of vegetation recovery. In this respect, it is necessary to analyze the connection between carbon dioxide emission, and how they relate to fires and vegetation patterns. It is also imperative to prove why remote sensing, spectral analysis a nd Landsat TM techniques are crucial in identifying the influences of fire on vegetation recovery.Advertising We will write a custom term paper sample on Vegetation Recovery Using Remote Sensing Image In Yellowstone National Park after the Fires in 1988 specifically for you for only $16.05 $11/page Learn More The research provided by Jakubauskas and Price offer a clear picture of the relations between biotic factors and spectral analysis of forests in the Park (1375). With the help of multiple regression models, the researchers have provided the correlation of digital spectral analysis and biotical factors. The results have revealed that â€Å"tree height and diameter combined to form an index of crown volume, which in turn combined with density for an index of canopy volume† (Jakubauskas and Price 1379). The scholars have also detected other crucial, though less significant, factors and dimensions of spectral analysis such as leaf area index and vegetation index. Although the research provided by Jakubauskas and Price is of great value for further examination, it can be supported by the studies analyzing vegetation dynamics with regard to temporal scales (1378). In particular, Shannon and Lawrence are more close to the analysis of vegetation recovery patterns in relation to temporal scale (551). The value of their research consists in presenting change vector analysis with help of 1985 and 1999 images. This analysis is â€Å"a rule-based change detection method that examines the angle and magnitude of change between dates in spectra space† (Shannon and Lawrence 551). The process of change detection has succeed in presenting the changes within herbaceous and shrub land vegetation. The spectral and change vector analyses have detected that â€Å"there was a decrease in grass lands and a relative increase in srublands† (Shannon and Lawrence 554). The presented research can greatly assist in the exploration of ve getation recovery patters of change in Yellowstone National Park. The above-presented research provides consistent information about pattern distributions, but it lacks information about fire factor and its impact on vegetation recovery and accuracy of the research. This gap can be complemented with the explorations provided by Turner, Hargrove, Gardiner, and Romme (731). In general, spectral analysis plays an important role in identifying the changing patterns of vegetation recovery. It is also significant in defining various species of vegetation and describing pattern distributions on a particular geographic area.Advertising Looking for term paper on geography? Let's see if we can help you! Get your first paper with 15% OFF Learn More Technical possibilities and Limitations of Remote Sensing Techniques Remote sensing approaches can differ with regard to various resolutions of remotely sensed images. In order to succeed in researching our objectives, the analysis of advantages and limitations of these techniques is crucial. The studies presented by Wright and Gallant (582), Asner (2), Cohen and Goward (535), and Murtaugh and Philips (99). All scholars provide a comprehensive evaluation of all limitations to using remote sensing tools. In order to critically assess the technical possibility of remote sensing techniques, Wright and Gallant have provided a historical background of previous researches dedicated to the efficiency assessment (582). The results show that â€Å"remote sensing is the moderate spatial and spectral resolution of multispectral instruments like TM sensor† (Wright and Gallant 584) Therefore, it will be difficult to distinguish forested upland and forested wetland in spectral terms. The a pplication of remote sensing techniques cannot be solely applied, but in combination with ancillary data. Due to the fact that carbon dioxide is considered to be the indicator of vegetation recovery and burning severity of fire, ancillary technique should also involve carbon mapping as well which will back up the date collected form remotely sensed images (Asner 2). Such devices are quite relevant and applicable to the temporal analysis of vegetation because carbon spectral patterns of change can also be the signifiers of vegetation recovery stage. In particular, carbon densities can be easily correlated with burning severities, and vegetation recovery, and species analysis. More importantly, the carbon analysis includes the acquisition of maps depicting types of forest, disturbance, and deforestation. Remote sensing techniques are also applicable to temporal analysis of vegetation patterns. In this regard, Murtaugh and Philips provide a bivariate binary model for evaluating the shi fts in land cover with the help of satellite images received at different times (99). Such classification is aimed at correlating random variables that are dependent on the pixel resolution. Importantly, the researchers have applied to Landsat imaging for pixel classification and its correlation with land cover changes. Cohen and Goward also emphasize the importance of using remote sensing to assess temporal and spatial characteristics of ecological environment (535). In the particular, they used date obtained from Landsat sensors for constructing biogeochemical cycles and for characterizing vegetation biophysical attributes with regard to biodiversity. The research find remote sensing valid and reliable for analyzing vegetation and land cover change. In contrast, Ravan and Roy consider it necessary to introduce Geographic information systems for the analysis of various vegetation patterns and obtaining relevant information (129). The combined approach is much more efficient in dete cting such characteristics as vegetation shape, size, patch density and porosity. The research results has revealed significant different between different zones of Madhav National Part of India (Ravan and Roy 130). The structural analysis has provided vegetation recovery also largely dependent of biomass distribution and species diversity. Arising from this research, remote sensing and GIS can be successfully applicable to the temporal analysis of vegetation providing more accurate information. Innes and Koch state that remote sensing is considered the most efficient tool in assessing vegetation, and other biophysical characteristics such as structural criteria of forest stands, the canopy type and the present of coarse woody debris (397). The researchers emphasize that it is possibly to rely solely on remote sensing when investigating the spatial and temporal characteristics of vegetations. Interesting discoveries are offered by Turner, Ollinger, and Kimball who also approve remot e sensing techniques for evaluating spatial characteristics of vegetation (574). In particular, the researchers resort to remote sensing tools and ecosystem modeling to study the terrestrial carbon cycling. Pursuant to remote sensing limitation, explain that this device is constantly upgrading and it is possible to select the appropriate resolution of images to analyze the reflectance properties of vegetation and assess biogeochemical processes controlling carbon transformation. In general, the majority of the above-described researchers prove that remote sensing is one of the most efficient instruments in conducting the assessment of vegetation recovery with regard to its temporal and spatial characteristics. Nevertheless, the analysis will be much more successful if to apply this technique together with GIS approach. Overall Recommendations and Conclusion The analysis of image obtained by remote sensing allows to detect various patterns of vegetation recovery with regard to tempor al characteristics. The Yellowstone National Park has been analyzed in three various time – 1989, 1999, and 2010. The image obtained from Landsat TM, ISODATA being an ancillary mechanism revealed that there significant changes in vegetation recovery patterns in relation to temporal characteristics. In addition, classification scheme of vegetation used to shrub land, herbaceous vegetation, sparse vegetation, and bare land has turned out to be flexible and relevant for the research. The presented research proves conducted by Jakubauska and Price (1375) The results have also show that vegetation recovery patterns are closely connected with burning severity of fire. Importantly, the spectral analysis and Landsat TM show biophysical characteristics of burnt areas. The evaluation has also succeeded in defining the changes of species allocation on the territory of Yellowstone National Park. The technical approach used for the data analysis still had some limitations. In particular, it was difficult information without geographic information system because some characteristics were impossible to detect, such carbon dioxide cycle. Nevertheless, the classification of species was successfully identified and carefully analyzed with regard to temporal characteristics. In future, we plan to investigate this area and other territories, but with another combination of techniques either to justify or disapprove the effectiveness of those as compared with the above presented ones. This area is quite wide and, therefore, there is much store for investigation. Works Cited Asner, Gregory P. Tropical Forest Carbon Assessment: Integrating Satellite and Airborne Mapping Approaches. Environmental Research Letters 4 (2009):1-11 Cohen, Warren D., and Samuel N. Goward. Landsat’s Role in Ecological Applications of Remote Sensing. BioScience. 54.6 (2004): 535-545. Debinski, D. M. and Kindscher, K., and Mark Jakubauskas. A Remote Sensing and GIS-based model of habitats and bio diversity in the Greater Yellowstone Ecosysyem. Journal of Remote Sensing. 20.17 (1999): 3281-3291. Gould, William. Remote Sensing of Vegetation, Plant Species Richness, and Regional Biodiversity Hotspots. Ecological Applications. 10.6 (2000): 1861-1870. Innes John L., and Barbara Koch. Forest Biodiversity and Its Assessment by Remote Sensing. Global Ecology and Biogeography Letters. 7.6 (1998): 397-419. Jakubauskas, Mark, and Kevin P. Price. Empirical Relationships between Structural and Spectral Factors of Yellowstone Lodgepole Pine Forests. Photogrammetric Engineering and Remote Sensing. 63.12 (1997, December): 1375-1381 Kennedy, Pam. Biomass Burning Studies: The Use of Remote Sensing. Ecological Bulletins. 15 (1992): 133-148. Murtaugh, Paul A. and Donald L. Philips. Temporal Correlation of Classification in Remote Sensing. Journal of Agricultural, Biological, and Environmental Statistics. 3.1. (1999, March): 99-110 Ravan, Shirish, A., and P. S. Roy. Satellite Remote Sensing for Ecological Analysis of Forested Landscape. Plant Ecology. 131.2 (1997): 129-141; Savage, Shannon L., and Rick L. Lawrence. Vegetation Dynamics in Yellostone’s Northern Range: 1985 to 1999. Photogrammetric Engineering Remote Sensing. 76.5 (2010): 547-556. Turner, David P., Ollinger Scott V., and John S. Kimball. Integrating Remote Sensing and Ecosystem Process Models for Landscape- to Regional-Scale Analysis of the Carbon Cycle. BioScience. 54.6 (2004, June): 573-584. Turner, Monica G., Hargrove Willia W., Gardiner Robert H., and William H. Romme. Effects of fire on landscape heterogeneity in Yellowstone National Park, Wyoming. Journal of Vegetation Science. 5 (1994): 731-742. Turner, Woody, Spector Sasha, Gardiner Ned, Fladeland Matthew, Sterling Eleanor, and Mark Steininger. Remote Sensing for Biodiversity Science and Conservation. Trends in Ecology and Evolution. 18.6. (2003, June): 306-314 White, Joseph D., Ryan, Kevin C., Key, Carl C., and Steven W. Running. Remote Sensi ng of Forest Fire Severity and Vegetation Recovery. International Journal of Wildland Fire. 6.1 (1996): 125-136. Wright, Christ and Alisa Gallant. Improved Wetland Remote Sensing in Yellowstone National Park Using Classification Trees to Combine TM imagery and Ancillary Environmental Data. Remote Sensing of Environment. 107 (2007): 582-605. This term paper on Vegetation Recovery Using Remote Sensing Image In Yellowstone National Park after the Fires in 1988 was written and submitted by user Kali Kirk to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Easy Maple Syrup Crystals For Kids

Easy Maple Syrup Crystals For Kids Making maple syrup crystals is a fun project for children. Its great for adults, too, since the maple syrup crystals may be used as a flavorful sweetener in drinks or other treats. Maple syrup crystals have a more complex flavor than sugar crystals or rock candy. Heres how to make the crystals. Method 1 Heat a cup of pure maple syrup in a pan over medium heat.Stir and heat the syrup until it starts to thicken or you start to see crystals forming on the bottom or side of the pan.Pour the syrup onto a chilled plate and allow the syrup to crystallize. If you pour the syrup onto a dark-colored plate, it will be easier to watch the crystals form. Method 2 Cover a baking sheet or shallow dish with a layer of water. You only need about 1/4 inch of water. Freeze the dish to make ice.Heat a cup of pure maple syrup in a pan over medium heat.Heat the syrup, stirring constantly, until it has a thick consistency. Remove the pan from heat.Remove the dish of ice from the freezer. Drop spoonfuls of the hot syrup onto the ice. The sudden temperature change will cause crystals to form within minutes.

Phrases and Expressions Using the Spanish Verb Tener

Phrases and Expressions Using the Spanish Verb Tener If there were a Top 10 list for Spanish verbs made versatile through idioms, tener would certainly  be in that list. A wealth of phrases using tener are often used to indicate emotions or states of being, and in many of those tener can be translated as to be rather than the more literal to have. There are also numerous other idioms using tener. (As used here, an idiom is a phrase that has a meaning more or less independent of the words in the phrase). Youll run across them all the time in writing and conversation. Perhaps the most common is the phrase tener que (usually in a conjugated form) followed by an infinitive and meaning to have to: Tengo que salir. (I have to leave.) Tendrs que comer. (You will have to eat.) Keep in mind that tener is highly irregular in its conjugation. List of Tener Phrases Following are some of the other common idiomatic phrases using tener. Words in brackets indicate that less generic words should be substituted: tener ... aà ±os (to be ... years old) - Tengo 33 aà ±os. (Im 33 years old.) tener claro que (to clearly understand or realize that)  Ã‚  -   Amelia tiene claro que ir a prisià ³n. (Amelia clearly understands she will be going to prison.) tener cuidado (to be careful) - Ten cuidado con lo que deseas. (Be careful with what you wish for.) tener ... de ancho/largo/altura (to be .... wide/long/tall) - Tiene 23 centà ­metros de ancho. (It is 23 centimeters wide.) tener a bien [hacer algo] (to see fit [to do something]) - Mi esposa tiene a bien comprar un coche. (My wife sees fit to buy a car.) tener a [alguià ©n] por ... (to consider or take [someone] to be) - Tengo a Roberto por tonto. I consider (or take) Roberto to be a fool. tener ganas de [algo] (to want to have [something], to feel like having [something]) - Es importante que tengas ganas de trabajar y aprender. (Its important that you want to work and learn.) tener por seguro (to rest or be assured, to take as a certainty) - Ten por seguro que vamos a Buenos Aires. (Rest assured that we are going to Buenos Aires.) tener prisa (to be in a rush or hurry) - Laura tenà ­a prisa por salir el paà ­s. (Laura was in a hurry to leave the country.) tener que ver con (to have a connection, to have something to with) - No tenà ­amos que ver con el incidente. (We had nothing to do with the incident.) tener razà ³n (to be right or correct) - En Amà ©rica el cliente siempre tiene razà ³n. (In America, the customer is always right.) tener sentido (to make sense) - Esa proposicià ³n no tiene sentido. (That proposal doesnt make sense.) tener sobre [algo] (to lean on [something]) - El paraguas tenà ­a sobre el coche. (The umbrella was leaning on the car.) tener un/una bebà ©/nià ±o/nià ±a/hijo/hija (to have a baby  boy/girl/son/daughter) - Tuvo una hija. (She had a baby girl.) no tener nombre (to be totally unacceptable) - Lo que dijiste de mis hijas no tiene nombre. (What you said about my daughters is totally unacceptable. This is similar to the English slang phrase There are no words for.) tener lugar (to take place) - Tiene lugar la fiesta en mi casa. (The party will take place in my home.) tener en cuenta (to bear or keep in mind) - No tenà ­a en cuenta la opinià ³n de sus hijos. (He didnt keep in mind the opinion of his children.) tener previsto (to expect, to plan) - Adn tiene previsto abandonar el equipo a final de temporada. (Adn is planning to leave the team at the end of the season.) tener suerte (to be lucky) - Carla tiene suerte de esta viva despuà ©s de que fue envenenada. (Carla is lucky to be alive after she was poisoned.) estar que no tenerse (to be tired out) - Estoy que no me tengo. (Im all tired out.) tenerse en pie (to stand) - Me tuve en pie para ver. (I stood up to see.) tenerse firme (to stand upright or firm, literally or figuratively) - Se tuvo firme a sus enemigos. ()He stood up firm to his enemies.) Key Takeaways Although tener often means to have, it is used in a wide variety of phrases that are best translated other ways.Tener has a highly irregular conjugation.Many of the tener idioms refer to emotions or states of being.

Evaluation of the Capital Asset Pricing Model (CAPM) Using Chinese Dissertation

Evaluation of the Capital Asset Pricing Model (CAPM) Using Chinese Stock Market Data - Dissertation Example 23). It is worth noting that numerous empirical studies that have conducted in line with evaluating the model have proved to be in harmony with the CAPM principles; nonetheless, some of the similar evaluations have contradicted the model. Therefore, this paper aims at studying if the CAPM principles hold for the China Stock Exchange. Among other things to be included in the analysis, include: i. Whether higher beta results to higher expected returns ii. Whether the zero or average intercept is equal to risk free rate and the SML slope is equal to the average risk premium iii. Whether there is an existence of linearity between the expected returns and the stock beta. The monthly stock returns of some of the firms listed in the Chinese Stock Exchange are used in the analysis. The data was obtained from January 2009 to December 2012; hence, the analysis targets a period of four years. To test the CAPM principles in this stock market, the study will employ the use of approach methods con tributed for by Black, Jensen, and Scholes as per the year 1972; described as the time series test. Additionally, the study shall employ the use of the 1973 Fama and MacBeth cross sectional test. From the analysis of the Chinese Stock exchange data for the period of four year in line with the above methods, it is apparent that this duty did not hold up fully with the CAPM principles. ... Introduction Since the CAPM’s introduction, numerous efforts have since emerged to determine the validity of the principles of the CAPM model. These evaluation studies to determine the validity of the CAPM principles have led to a unique valuable contribution and breakthrough to the global financial economics. Despite these contributions, it is worth noting that some empirical studies to validate the same principles have since differed with application and validity of the CAPM principles and its application in the analysis of the world financial economics (Velasco, 2001; pg. 182). Nonetheless, other studies have proved to be in harmony with the same study. The differences in these studies depicts a significant stimulating factor to the study; hence, calling for a deep enhancement of the CAPM principles in line with evaluating the principles of the model using data from the Chinese Stock Exchange. 1.0.1. Brief Understanding of CAPM The significant contributions of the financial economics theory was realized in the 1960s when numerous researchers including William Sharpe used the Markowitz’s portfolio theory as his ground to develop price formation theory for the financial assets. This price formation theory is what emerged to be known as the Capital Asset Pricing Model (CAPM). It is worth noting that the theory of the Markowitz’s portfolio analyzes the optimization of wealth invest in assets in variation to their risks and returns as well as providing the view on how the underlying risks can be reduced. The CAPM formation or foundation states that investors are in a position to choose to expose their businesses to a reasonable amount risk through a series of combined

Organisational Strategy and Decision Making Essay

Organisational Strategy and Decision Making - Essay Example This is the simplest definition of the term strategy. However in real life, the organization faces a lot of complexity to form & maintain a strategy. (Jeffs, 2008, pp. 13-14) A strategy addresses questions like- What’s the objective of the firm What are the resources of the firm Who are the competitors What strategy are they adopting What pros & cons did they face In which ways our product is separate from theirs Who are our target consumers How to reach them What’s the budget allocated for the promotion of the products The prices fixed are according to the market or not How to know the customer’s preference Through which channels we can promote our products Are we adapting an ethical approach Are we carrying out the Corporate Social Responsibility These questions are never ending. From the questions it’s clear that strategy can be formed to address any issue, be it the launch of a new product, be it a sales promotion effort or be it budget creation. Strat egies ultimately helps the organization in the decision making process. Introduction Strategy formulation depends on the management’s ability & organizations resources. These are the predictable issues which can be answered by forming brilliant strategies. But we should also keep a provision for the uncertainties of the environment. These uncertainties can destroy any good enterprise if the provision to face them is not properly & timely created. The objectives of a firm are the primary guideline for preparing the strategy. These objectives are clearly mentioned in the Vision & Mission Statement of the company. The Mission Statement is a written document where the ideas & thoughts of the company are communicated & the purpose of the firm is clearly defined to the internal & the external stakeholders. This statement helps the managers in the decision of resource allocation & investment. The Vision Statement is a kind of future planning document which states where the company w ants to reach in future. It deals with the questions like what are the company’s upcoming projects, what are their future plans, how are they going to achieve those plans etc. These statements are very useful in the strategy making decision of the firm. (Harrison & St. John, 2009, p 74) The anticipation of the future risks & benefits is termed as SWOT analysis in the language of management. It helps in getting knowledge about the past & thinking about probable solutions to an existing or potential problem. The method involves detailed study of the market, the company & competitors. The analysis includes two parts; the internal environment includes the strength & weaknesses of the company which is controllable by the company itself. The external environment consists of the threats & opportunities which are completely controlled by the outside sources like market & competitors. The product of our choice is British Airways. Company Background British Airways is the largest airli ne company based on sizes of the fleets and the second largest in passenger carriage. It is based near the main hub at London Heathrow Airport is the leading airline in the United Kingdom. Previously The British Airways Board was formed in the year 1971 and the task of the board was to control BOAC and BEA, the two nationalized airline corporations. In 1974, British Airways came into existence with the merger of two state-owned airlines, British

Paper Reduction And Recycling In Saudi Arabia Environmental Sciences Essay

Paper Reduction And Recycling In Saudi Arabia Environmental Sciences Essay Environmental conservation and pollution reduction are among the imperative global concerns. As a result, global conventions have been held in which countries are required to follow certain environmental regulations. The most popular is the 3R concept: Reduce, re-use and recycle. All these practices are geared towards minimizing use, recovering and reducing energy costs. Moreover, this write up focused on two concepts: Reduction and recycling. It has been reported that in a world perspective, paper recycling has substantially improved since 1986. In Saudi Arabia Kingdom, there are legal frameworks which justify paper reduction and recycling. In addition, most of the recycling and reduction is done by the Saudi Paper Manufacturing Company (SPMC) and its subsidiaries. There have also been established programs for awareness creation such as Recycle Your City and the Green Jeddah kids program. In a nutshell, although Saudi Arabia is not a leading recycler and reducer in paper production, governmental and private efforts have been somewhat effective in the conservation of the Saudi environment through reduction and recycling. Outline Although this discourse is based on the 3R concept, only two of them shall be discussed. These include paper reduction and recycling in the Kingdom of Saudi Arabia. To do this, general information on the subject matter shall be given. Secondly, since any policy has to operate in a legal framework, the regulations justifying environmental conservation through the two practices shall be outlined. Thirdly, the actual practice of reduction and recycling of paper as a mode of waste management shall be discussed. The final parts of the discussion shall focus on the summary, recommendations and conclusion. Definitions There have been global concerns for the reduction in levels of pollution as one of the ways of curbing global warming. The major ways internationally recommended for pollution reduction are reduction, re-use and recycling. This has been referred to as 3R concept. Recycling is a way of waste recovery which reduces costs for raw materials, energy and waste disposal. This is so because paper produced from virgin pulp has great environmental and economic consequences. It recovers some of the primary material and reduces the solid waste present. Before paper is recycled, it is separated into high and low grades such as letterheads and newsprint respectively (Professional Recyclers of Pennsylvania). On the other hand, paper reduction is a category of activities geared towards reducing unnecessary bulk of paper. Some of the activities include the purchase of only needed qualities, reduction in the packaging paper (source reduction), limitation of computer print outs, reduction of the use of papers that are difficult to recycle, use of reusable envelopes for intra-office correspondence and encouraging employees to use the minimum amount of paper. In computer applications, a Microsoft Word page margins may be reduced from 1.25 inches to .075 inches thus saving up to 4.75 percent. According to Dhir, Limbachiya and Newlands (32), reduction is preferred to recycling. Documentation Saudi Arabia is a member of the Gulf Cooperation Council (GCC). In 2005, it was estimated that these countries registered an annual consumption of 3.5 million tones of paper and board (Oxford Business Group 187). In Saudi Arabia itself, the per capita paper and board consumption was 38.6 kg per year. So as to offset the demand, the Saudi Paper Manufacturing Company (SPMC) has always sought to apprehend sufficient market share and effectively compete with the other Gulf companies. However, since the resources such as water and fiber are scarce, the manufacturing companys plans have been centered on recycling and improvement of operational efficiency so as to reduce the quantity of imported pulp. The then CEO of SPMC, Mubarak Bin Abdullah Al Khater, once said that the paper recycling and reducing is the key to the sustenance of the industry since tress-cutting would be reduced. This was further affirmed by Lodha who asserted that recycling of paper would greatly conserve forests (318). Other benefits include energy saving, control of pollution, reduction of solid wastes and reduction in water consumption. According to Lodha, every 1.3 kg of waste paper produces 1 kg of recycled paper. On the contrary, every ton of conventional paper production sacrifices 17 trees. In a wider perspective, 35% of worlds commercial wood was reported to represent paper products; this was expected to hit 50% by 2000 (Lodha 318). Despite this knowledge, only a few world countries practice extensive recycling with South Korea, Mexico, Japan, the Netherlands and Portugal being the leaders. The question of environmental degradation resulting from paper production and other practices has legal foundations. First of all, Saudi Arabia is a signatory to agreements, treaties, conventions and protocols relating to environmental protection. Vincent wrote that the kingdom of Saudi Arabia is a signatory to the Montreal and the Kyoto Protocols which rate it as a non-Annex I state. Secondly, the country has enacted the Public Environmental Law through the Royal Decree No. M/34 of 2001. Table I shows some other tree-conservation-related enactments by the country. Worthy noting is the countrys regulatory framework for environmental rules which (framework) is responsible for conducting environmental studies and establishment of standards for paper production. In February 2008, the Jeddah Chamber of Commerce and Industry (JCCI) poll found out that Saudis were not aware that paper could be recycled. Following this poll, environmental activists launched a campaign dubbed Recycle Your City so as to raise the awareness of the subject matter (Lulwa Shalhoub, Arab News). The campaign was first to educate people and later to involve them in the recycling program. Some of the support systems were schools and organizations. Consequently, more school-based programs were initiated to create awareness and also to actually reduce and recycle. For instance, the Green Jeddah initiated the first recycling rally in Saudi Arabia by kids. In this awareness program, young kids aged between 3-6 years were engaged in a rally in which they were taught how to separate the recyclables from cans and plastics. The pupils were further emphasized the importance of writing on both sides of a paper so as to reduce their usage. Other programs such as dustbin audit were i nitiated. In this call, employees were required to separate the recyclables from non-recyclables and also identify which of the office papers were less required from the procurement perspective. It has been observed that the waste paper in form of magazines, cartons, books and newspapers accounts for 33% of the total waste in some countries. In Saudi Arabia, there are waste paper collection centers. The general process of paper recycling begins with waste paper collection, de-inking then the converting process. SPMC is highly committed to reliance on waste paper collection in its manufacturing technology as well as retaining the legal standards required. Recycling requires waste paper and water recycled through filtration processes. After this process, the de-inked pulp is used by Saudi Paper Manufacturing Company (SPMC) to produce tissues, towels and napkins of high quality. Paper use reduction in Saudi Arabia includes, among other things, exchanges and gifts of unwanted papers. In some instances, waste is bought to reduce it. Some of the subsidiary companies for SPMC are Saudi Recycling Company (SPRC), Saudi Paper Converting Company (SPCC), and Saudi Investment and Industr ial Development Company. Other subsidiaries, though not located in Saudi Arabia are Al Madar Paper Recycling, Al Madar Paper Trading and Al Madar Paper. All these companies have a common wider goal in the reduction and recycling of papers in the Kingdom. The holding company, SPMC does not only purpose to reduce and recycle paper but also to invest in Saudi. In other words, paper reduction and recycling in the Kingdom of Saudi Arabia is an investment nucleus. While SPMC is the largest manufacturer of tissue paper in the Middle East, SRC is popular not only in the collection of waste paper but also in its processing for recycling. From the year 2005, SPCC has specialized in the production of high quality tissue by the brands such as Pure, City, Excellence and Zaman (Saudi Paper Manufacturing Co. ). Other companies or organizations that deal with waste paper management include the Saudi Aramco and the SAMSO. For example, the Saudi ARAMCO initiated and pursued a paper recycling program in 1993. This program was not limited to a certain region but was a nationwide campaign that geared towards corporate social responsibility. The other company is SAMSO which recycles over 50,000 kg of paper each year. This company also re-cycles non-paper materials such as aluminum and glass. Through paper recycling and reducing, 35-55% of energy is saved and pollution reduced by 95%. The solid waste is reduced by 130%, water saved by 58% and forests conserved by 100% (World Watch Institute Report). The Gulf Co-operation Council stipulates that all member countries should put waste paper recycling and reduction at the top of their national priorities. It could thus be assumed that Saudi Arabia prioritizes these practices not only as stipulated by international regulations but also by the regional economic body. Among the mostly recycled paper in Saudi Arabia are cartons. However, there is a poor implementation of either international, regional and country policies with regard to paper management in terms of waste. Source Summary and Evaluation Dhir, Limbachiya and Newlandss work is an acclaimed report of an international symposium concerned with municipal solid waste (MSL) as an environmental priority of 21st century. One of the considerations of the symposium was the promotion of paper reduction together with recycling by at a higher level. Evaluation of the symposium outcome against the Saudi case does not get full implementation. The legal foundations and rules that govern paper production were outlined so as to contextualize the industry in terms of law. Peter Vincents works was a general overview of the environment of Saudi Arabia Kingdom. It was important in the evaluation of the legal framework through which paper recycling and reduction exists- as opposed to the traditional destructive way of production. In addition, professional and advocacy organizations have done great contributions towards the description of ways of waste paper management. In this category lies the works of the Oxford Business Group, the Profes sional Recyclers of Pennsylvania and the World Watch Institute. Their views were mainly professional and based on research or experience. The international level of consensus also inspired this discussion to the extent that Saudi Arabia is said to have ratified the Kyoto Protocol and the Montreal Protocol. All academic perspectives and business inputs have greatly influenced the development of the subject herein. Recommendations Both the manufacturing sector and the Saudi government should work together in the creation of more reduction-recycling programs across the country. Since it has been demonstrated that paper reduction produces better results than recycling, more emphasis should be accorded to the practice. Many benefits would accrue from recycling paper since its products are cheaper than the conventionally produced paper; this would improve Saudi economy. Waste paper recycling should be encouraged through financial incentives and stimulation. There should also be strict legislative practices which bar any Saudi from reckless pollution and wastage of paper. Saudi Korea should encourage recycling by formulating pragmatic policies which encourage recycling at the source. The awareness programs should not only involve school children but also be entrenched in the school curricula. This shall inculcate the conservation consciousness into the minds of student from early stages. In addition, student in the institutions of higher learning should be more involved since they are on the threshold of their careers. There is a need to carry out research on the actual effects of the conventional methods of paper from virgin pulp. It is only when consequences can be computed that the need to produce paper through reduction or recycling is intensified. Even more research should be carried out on the best practices for producing waste paper. The institutions of higher learning should thus stipulate capstone projects and research papers to students on conservation topics. There is also a need for the international community to initiate or implement follow up programs for all the international conventions, protocols and treaties agreed upon. Although these conventions are not governments, it is critical that their deliberations should not be in vain. The kingdom of Saudi Arabia should know and live up to its expectations towards the obligations at the international level. A birds view approach would make the kingdom more pursuant of paper reduction and recycling practices. Conclusion It has been demonstrated that principles of environmental conservation and pollution reduction emanate from global sources. Two basic practices thereof are paper reduction and recycling. This discussion has not only outlined but also illustrated how the practices are carried out in the Kingdom of Saudi Arabia. First and foremost, the concepts exist in a legally based framework in which different legislations have been enacted and treaties ratified. Further, it was demonstrated that the call is not only a governmental issue but has also been embraced by private organizations. In Saudi Arabia, companies and advocacy groups co-operate to manage waste. In addition, waste management is also an investment nucleus as demonstrated by the Saudi Paper Manufacturing Company and its subsidiaries. Indeed, the sources used were sufficient academic authorities in the delineation of the topic. It was thus recommended that among other things, the Saudi government should initiate more nationwide progr ams so as to reduce the amount of waste and the consequences thereafter. Moreover, the efforts by the government, non-governmental organizations and private companies have made substantial contribution in waste paper management.

Supply Chain

|Module Number: MO0358 | |Strategic Supply Chain Management | |(Individual Project) | INTRODUCTION 1. 1 Objective â€Å"Supply chain management = Order to Cash. As my group project is about Burberry supply chain management so I would like to further explain it here and show you how Burberry successes after apply supply management. 1. 2 The Background of BURBERRYBURBERRY is established in London, United Kingdom in 1865 by Thomas Burberry. The Business concept of Burberry is â€Å"Fashion & Luxury†. At the end of 2007, Burberry started supply chain management in their business and hope that can delivered luxury and lifestyle product to customers at more than 208 concessions within department stores and digital commerce, plus 44 outlets and 192 mainline stores over the world and Burberry employs more than 30,000 people to operate the business smoothly.Burberry offers fashion for women, men, and children, also sells their own-brand beauty, cosmetics and perfume. Burberry has ow n factory at London Castleford but just produce trench coat and some core items. And now Burberry buys its goods from around 100 independent supplies, mostly in Asia and Europe. Burberry corporate with suppliers to develop long-term, sustainable social and environmental standards in the factories for produces Burberry high quality products. Burberry reaches the customers through two sales channels: stores and online.The store is the most important for Burberry as the customers can see the product, try it on and feel the products. Burberry is expanding their business new offerings and via new channels such as internet/ online business, the advantages of offering new channel are customers able to shop online, it can to let customers have the freedom of choice to choose the sales channel that suits customer best at that moment. Burberry stores are spread all over the world. It can be found in United Kingdom, Europe, North America, the Middle East and Asia.And according to their annual report China will be their very critical regions for their business so Burberry plans to establish more stores in China in the coming year. Burberry is growing not only by turning to customers in new stores and new places. It is at least equally important that the company continually develops. Their fashion categories are including menswear, womenswear and childrenswear. Fragrance & beauty category was in the leading position of the Asia market two years ago. Accessories category contains eyewear, scarves, watches and bags. Supply chain managementAccording to Mentzer, et al (Ballou, 2004), â€Å"Supply chain Management (SCM) is defined as the systematic, strategic coordination of the traditional business functions and the tactics across these business functions within a particular company and across businesses within the supply chain, for the purpose of improving the long-term performance of the individual companies and the supply chain as a whole â€Å"(p. 5). In order to balance end customers' demands and the hit for profitable growth, Burberry has moved aggressively to build an efficient and successful supply chain management an efficient and successful supply chain management system.It must have five basic components that are considered and acted upon. These components can help to enhance revenue, control costs and asset utilization as well as customer satisfaction. They are including planning, sourcing, make, delivery, and return which is same as the supply chain of Burberry flows from ideas and design, production, distribution centre, call-off, store, finally to the customer. In this paper, each of these components will be discussed in the following paragraphs. 3. 0 Planning First step of supply chain management is planning .The planning component is critical to the success of a good supply chain management system. Therefore, from Burberry year annual report, we can see Burberry do reviews their brand performance of business each year and well plan for next year. Also they will review by each season to make sure everything planned are on tracked. Refer to Burberry 2007 annual report we noticed they mentioned will start supply chain management and also put a lot of money to buy SAP system as their only platform of their system in order to bring Burberry business to globalization.It shows the main objective to any strategy a business industry chooses should be to have materials available at all times in order to ensure the smooth flow of care for their business while keeping costs under control. At the beginning of season, Burberry sourcing team and product development, quality control, designer , merchandising planning and buyers will have big meeting to review what the trend is , product and material will be launched for next season in order to plan the strategy.Buyer also will give souring team an approximately order quantity for souring team to give factory in order to prepare raw material, trims†¦ etc , to shorten lead-ti me and to have materials available at all times in order to ensure the smooth flow of care while keeping costs under control. 4. 0. Sourcing 4. 1. Raw material Burberry applies cost management and quality control monitor in their supply chain system; Cost is the key factors determining Burberry more successful in the fashion changing market. † The raw materials are sourced locally in different regions for example: China, Korea, Thailand and Japan.Benefit is can save the transportation cost and expenses with similar quality. Burberry souring team will negotiate the cost with supplier by using long term business, letter of credit and payment in time in order to make sure they can have better price to hit target. However, product quality will be enhanced in terms of through sourcing better production technologies and new materials internationally. The purposes of sourcing are to know or explore more new suppliers with advanced Garment Production System/ Technology which able to a ccelerate the production speed so that shorten the lead-time.In addition, that strategy can stimulate the inter-specific competition among the existing suppliers by the importing new suppliers. Existing suppliers will contact Burberry actively and offer the attractive conditions with the aim of getting Burberry orders. That is the most effective method controlling the price and maintains the high product quality of global souring 4. 2. Quality Control Burberry is a luxurious brand in fashion industry and in order to maintain high quality products to their customers, all suppliers and manufactures are needs to meet AQL (Acceptable Quality Level) standard with 2. requested by Burberry. AQL 2. 5 means if an order is 10,500 units, they want a 2. 5 AQL they can have 14 defective units or less from the 315 that they inspect. Moreover, suppliers need to submit lab test report to prove quality sell to Burberry are good and no harm for customer . To provide good quality material for making h igh quality final goods, Burberry based on china garment rules and international standard to make a standard and all supplier need to follow it to do the testing, if fail in the testing result, suppliers and manufacturers might be cannot carry on or allow to process orders in the next season.Burberry QC team will also regularly by month or by week to inspect supplier and factories in order to make sure their provided product can meet Burberry standard. However, even AQL (Acceptable Quality Level) standard with 2. 5 and lab test report applies on all Burberry products and AQL 2. 5 is very high standard but still have defective items can be found . 5. 0. Make Under supply chain strategy, the process of â€Å"Make† is to provide high quality products in lower cost, so that Burberry can save the cost to gain more profit. 5. 1. Co-markershipBurberry has their own standard on selecting raw material suppliers, which also limited the number of suppliers, this can help them to have a better control on the product quality. Burberry has more than 200 independent suppliers for outsource the production. Burberry has good reputation in maintaining the relationship with all suppliers, by producing Burberry luxury product, stable order volume, guarantee payment and letter of credit etc. Furthermore, Burberry always communicates and reviews the action plan with suppliers every season.To enhance the relationship with suppliers, the key factor is to have a good coordination and linkage with them. Burberry frequently provide training program for vendors, in order to maintain their production standard. What is more , Burberry has a regular appraisal to suppliers, which provide feedback to suppliers for better improvement. The production sites of Burberry are global sourced from over the world such as China, Turkey, Thailand, Macau, Singapore, Portugal, Romania and Hong Kong.The advantage is to essentially cut down the labor expenses, with the bulk production so that enhanci ng Burberry at the competitive position in the global fashion Industry by maximizing the margin of profit to the fashion business. For selecting new vendors/suppliers for cooperate business, Burberry has carries out auditors (internal and external) to evaluate the supplier’s qualification before cooperating The criteria including lead time, quality, quantity, safety, guarantee, availability and flexibility etc, especially Corporate Social Responsibility (CSR) standard.Any supplier cannot approve by Burberry CSR team, Burberry will not allow that factory to produce their product to ensure Burberry product meet on high quality and corporate social responsibility. However, Burberry is not easy to find qualified supplier because Burberry respect the rules and some developing countries cannot meet Burberry regulation such as safety working environment, labor children, illegal pay and abuse , these problems are always found in these countries.Moreover, safety working environment, h ealthy and compliance with local environmental legislation also are the other challenges for Burberry because they found that most developing countries do not formulate the occupational safety and health regulation and environmental organization. These countries do not install the legitimate fire device in the factory or build up a health and safety working place for the staffs, it absolutely disobey the rules of Burberry. Brand image will be also affected by these negative news.When souring new supplier Burberry facing the political environment problem. For example in Thailand, they do not have a stable business environment. The anti-government demonstration caused the Bangkok city in turmoil. It made factory cannot ship out any goods from the airport. As long as riddled with corruption, unstable public security, terrorism and robbery always happened. We can see that these factors might not provide stable business environment for producing Burberry product. And Burberry also will c onsider kind of factors to choose supplier.To solve these problems, I would like to suggest Burberry don’t put all orders in 1 supplier in order unstable conditional happen again. The fighting sources with competitors as also one of the challenges for Burberry as Burberry share some factory‘s capacity with others fashion brand for example: Polo Jeans, Armani exchange, Marks and Spencer, Gap and J. Crew etc. Therefore, Burberry needs to keep a good relationship with all suppliers to ensure sufficient providing source. 5. 2. Outsource Burberry has 3 global licensing agreements of fragrance and beauty (by interparfums), watches (by Fossil) and eyewear (by Luxottica).In order to make sure the quality of non-apparel products are in a high standard, all licensing can provide professional knowledge and technology of product and it can helps Burberry reduce cost on innovation for non-apparel products. Burberry sourcing teams, quality control teams and CSR team work closely with these partners on product development, quality control, CSR, marketing and distribution activities, and will conduct regular reviews to ensure compliance with the term of its license agreements.Outsource for Burberry is very important because Italy’s fragrance and beauty is expertise because they have long history in this field so it is the best in the world, the eyewear technology in Guangdong, China is the best and reasonable. Hence, Burberry enables to sell the licensing to them in order to maintain better quality. 5. 3. Information System – SAP According to Burberry globalized organization, Burberry has 444 worldwide retail shop and over 31 countries operation. Therefore, different parties will create a lot of information of product.Burberry supply chain system is a technology that to improve information to become more systematic. Started from 2008, SAP is the only system platform for Burberry; it can help to collect information, data and share within the organiza tion. It also can monitor the delivery schedule to ensure everything are on tracked. SAP system is the market and technology leader in business software solutions, providing comprehensive business software through SAP applications, services and support. SAP can manage system and analysis at the same time, It helps Burberry to draw data and use this platform to do an analysis of brand performance.This information can help making decision by the management team to increase competitive advantages, such as production life cycle analysis, raw material forecasting, marketing planning and inventory review. So that everything can be counted and measured by using SAP system. Famous and international company would prefer using SAP system, as these company has different branch office over the world. By using SAP system can help they no limitation on different district. 6. 0. Delivery Transportation is one of the main processes of delivering and distributing goods.It may involve more than one p lace during the transportation, such as place to store and place to sell. 6. 1. SAP system In Burberry, SAP provides a systematic format to handle information transmission, and it brings a dramatic impact to Burberry. For example, SAP system has an accurate control on the raw material lead time, which means factories have plenty of time on mass production; consequently, it reduces shipment delay. Furthermore, due to the well control on the production period, Burberry has plenty of time to ship the goods by sea instead of air.The most obvious outcome is the reduction of logistic cost. 6. 2. DHL 3rd party Moreover, Burberry is in collaboration with DHL 3rd party global to in charge of final goods delivery. They are responsible to collect final goods from different factories, and providing direct delivery service to relative DHL Global center (UK, USA, Spain ,HK), then they distribute the goods to local retail stores. Due to this professional & tailor-make service provided by DHL, Burb erry reduces the need for warehousing at destination, which means this part of expenses can be reduced.Even though worldwide retail shops and operation offices are closed after work, DHL can provide 24 hours logistic services and its reliable customs clearance, which can help to speed up the delivery process, so it can secure the delivery time. For example, new product can be launched in the retail store in time, quick move inventory to distribution centers by special requested. 7. 0. Return Nowadays customer would like to have a pleasant shopping experience, they all don’t like to return to retail outlets or companies. Customers want to have sales approaches, lowest price and friendly service for every product.Consumer prefers more and would like to shop at one stop shopping centers. Burberry is using some of the supply chain techniques to cut costs like given vendor to manage the inventory by using inventory tracking and sales in individual stores and cross-docking fast-mov ing items. Now, Burberry has more convenience, selections, and reasonable price 8. 0. Conclusion In my opinion , Burberry applies â€Å"supply chain management† is a important and correct direction because it can offers a great deal of benefits including sourcing , reduce cost , quality control, product category and quality advantages to Burberry fighting with its competitors.In refer to Burberry annual report, their business are going up and up. It is very vital for Burberry continuously maintaining high reputation . As well as Burberry are facing some competitions in sourcing suppliers directly , so needs to find others or potential suppliers to cooperate To ensure the good relationship between supplier with better price, Burberry should keep the stable and regular ordering in long term. This could highly enhance its bargaining power.In order to having the good quality and lowering the cost (to enjoy more profits) at the same time, Burberry need to do more research on findi ng good suppliers and manufactories in different countries. Even it has long historical experience; Burberry should keep doing research and catch up with the new/ latest trend Burberry also need to shorten the lead-time from the process of supply chain progress . In order to meet the demand and needs in the future. I think that Burberry need to shorten the lead-time of manufacturing and transporting time such as pre-book some raw material.In constant, the challenges of global sourcing are some uncertain factors need to be manage and consider in selecting the suppliers from different country, e. g. political environment, country’s textile quotas and exchange rate. To manage those risks, the top management requires long term perspective in defining the company’s goal and strategy. In order to implement global sourcing successfully, it also requires the experience and commitment of the management in managing the risks and understanding the foreign regulations.In addition, H outsources all the production to over 200 suppliers, Burberry needs to maintain the good and long-term relationships with all the existing suppliers. Despite it is rich in challenges and difficulties when conducting sourcing globally. Social Responsibility is one of indispensable factors to be considered. Balancing Social Responsibility and Business Benefits is the real challenges for Burberry If Burberry does not manage its supply chain correctly, it would lose profits because they are providing products at lower costs than its competitors, so they must also receive lower prices from its suppliers.Therefore, the supply chain of every company should not be overlooked as it may lead to a loss in profits, revenues, and even the company itself. 8. 0. Reference Burberry Group Plc. (2012, Nov 09). Retrieved from Burberry – Iconic British Luxury Brand Est. 1856: http://www. burberryplc. com/ Chan, Chi Kin, and Lee, H. W. J. Successful Strategies in Supply Chain Management. Penns ylvania: Hershey, 2005. Chopra, Sunil and Meindl, Peter. Supply Chain Management: Strategy, Planning, . New Jersey: Upper Saddle River, 2007. Supply Chain |Module Number: MO0358 | |Strategic Supply Chain Management | |(Individual Project) | INTRODUCTION 1. 1 Objective â€Å"Supply chain management = Order to Cash. As my group project is about Burberry supply chain management so I would like to further explain it here and show you how Burberry successes after apply supply management. 1. 2 The Background of BURBERRYBURBERRY is established in London, United Kingdom in 1865 by Thomas Burberry. The Business concept of Burberry is â€Å"Fashion & Luxury†. At the end of 2007, Burberry started supply chain management in their business and hope that can delivered luxury and lifestyle product to customers at more than 208 concessions within department stores and digital commerce, plus 44 outlets and 192 mainline stores over the world and Burberry employs more than 30,000 people to operate the business smoothly.Burberry offers fashion for women, men, and children, also sells their own-brand beauty, cosmetics and perfume. Burberry has ow n factory at London Castleford but just produce trench coat and some core items. And now Burberry buys its goods from around 100 independent supplies, mostly in Asia and Europe. Burberry corporate with suppliers to develop long-term, sustainable social and environmental standards in the factories for produces Burberry high quality products. Burberry reaches the customers through two sales channels: stores and online.The store is the most important for Burberry as the customers can see the product, try it on and feel the products. Burberry is expanding their business new offerings and via new channels such as internet/ online business, the advantages of offering new channel are customers able to shop online, it can to let customers have the freedom of choice to choose the sales channel that suits customer best at that moment. Burberry stores are spread all over the world. It can be found in United Kingdom, Europe, North America, the Middle East and Asia.And according to their annual report China will be their very critical regions for their business so Burberry plans to establish more stores in China in the coming year. Burberry is growing not only by turning to customers in new stores and new places. It is at least equally important that the company continually develops. Their fashion categories are including menswear, womenswear and childrenswear. Fragrance & beauty category was in the leading position of the Asia market two years ago. Accessories category contains eyewear, scarves, watches and bags. Supply chain managementAccording to Mentzer, et al (Ballou, 2004), â€Å"Supply chain Management (SCM) is defined as the systematic, strategic coordination of the traditional business functions and the tactics across these business functions within a particular company and across businesses within the supply chain, for the purpose of improving the long-term performance of the individual companies and the supply chain as a whole â€Å"(p. 5). In order to balance end customers' demands and the hit for profitable growth, Burberry has moved aggressively to build an efficient and successful supply chain management an efficient and successful supply chain management system.It must have five basic components that are considered and acted upon. These components can help to enhance revenue, control costs and asset utilization as well as customer satisfaction. They are including planning, sourcing, make, delivery, and return which is same as the supply chain of Burberry flows from ideas and design, production, distribution centre, call-off, store, finally to the customer. In this paper, each of these components will be discussed in the following paragraphs. 3. 0 Planning First step of supply chain management is planning .The planning component is critical to the success of a good supply chain management system. Therefore, from Burberry year annual report, we can see Burberry do reviews their brand performance of business each year and well plan for next year. Also they will review by each season to make sure everything planned are on tracked. Refer to Burberry 2007 annual report we noticed they mentioned will start supply chain management and also put a lot of money to buy SAP system as their only platform of their system in order to bring Burberry business to globalization.It shows the main objective to any strategy a business industry chooses should be to have materials available at all times in order to ensure the smooth flow of care for their business while keeping costs under control. At the beginning of season, Burberry sourcing team and product development, quality control, designer , merchandising planning and buyers will have big meeting to review what the trend is , product and material will be launched for next season in order to plan the strategy.Buyer also will give souring team an approximately order quantity for souring team to give factory in order to prepare raw material, trims†¦ etc , to shorten lead-ti me and to have materials available at all times in order to ensure the smooth flow of care while keeping costs under control. 4. 0. Sourcing 4. 1. Raw material Burberry applies cost management and quality control monitor in their supply chain system; Cost is the key factors determining Burberry more successful in the fashion changing market. † The raw materials are sourced locally in different regions for example: China, Korea, Thailand and Japan.Benefit is can save the transportation cost and expenses with similar quality. Burberry souring team will negotiate the cost with supplier by using long term business, letter of credit and payment in time in order to make sure they can have better price to hit target. However, product quality will be enhanced in terms of through sourcing better production technologies and new materials internationally. The purposes of sourcing are to know or explore more new suppliers with advanced Garment Production System/ Technology which able to a ccelerate the production speed so that shorten the lead-time.In addition, that strategy can stimulate the inter-specific competition among the existing suppliers by the importing new suppliers. Existing suppliers will contact Burberry actively and offer the attractive conditions with the aim of getting Burberry orders. That is the most effective method controlling the price and maintains the high product quality of global souring 4. 2. Quality Control Burberry is a luxurious brand in fashion industry and in order to maintain high quality products to their customers, all suppliers and manufactures are needs to meet AQL (Acceptable Quality Level) standard with 2. requested by Burberry. AQL 2. 5 means if an order is 10,500 units, they want a 2. 5 AQL they can have 14 defective units or less from the 315 that they inspect. Moreover, suppliers need to submit lab test report to prove quality sell to Burberry are good and no harm for customer . To provide good quality material for making h igh quality final goods, Burberry based on china garment rules and international standard to make a standard and all supplier need to follow it to do the testing, if fail in the testing result, suppliers and manufacturers might be cannot carry on or allow to process orders in the next season.Burberry QC team will also regularly by month or by week to inspect supplier and factories in order to make sure their provided product can meet Burberry standard. However, even AQL (Acceptable Quality Level) standard with 2. 5 and lab test report applies on all Burberry products and AQL 2. 5 is very high standard but still have defective items can be found . 5. 0. Make Under supply chain strategy, the process of â€Å"Make† is to provide high quality products in lower cost, so that Burberry can save the cost to gain more profit. 5. 1. Co-markershipBurberry has their own standard on selecting raw material suppliers, which also limited the number of suppliers, this can help them to have a better control on the product quality. Burberry has more than 200 independent suppliers for outsource the production. Burberry has good reputation in maintaining the relationship with all suppliers, by producing Burberry luxury product, stable order volume, guarantee payment and letter of credit etc. Furthermore, Burberry always communicates and reviews the action plan with suppliers every season.To enhance the relationship with suppliers, the key factor is to have a good coordination and linkage with them. Burberry frequently provide training program for vendors, in order to maintain their production standard. What is more , Burberry has a regular appraisal to suppliers, which provide feedback to suppliers for better improvement. The production sites of Burberry are global sourced from over the world such as China, Turkey, Thailand, Macau, Singapore, Portugal, Romania and Hong Kong.The advantage is to essentially cut down the labor expenses, with the bulk production so that enhanci ng Burberry at the competitive position in the global fashion Industry by maximizing the margin of profit to the fashion business. For selecting new vendors/suppliers for cooperate business, Burberry has carries out auditors (internal and external) to evaluate the supplier’s qualification before cooperating The criteria including lead time, quality, quantity, safety, guarantee, availability and flexibility etc, especially Corporate Social Responsibility (CSR) standard.Any supplier cannot approve by Burberry CSR team, Burberry will not allow that factory to produce their product to ensure Burberry product meet on high quality and corporate social responsibility. However, Burberry is not easy to find qualified supplier because Burberry respect the rules and some developing countries cannot meet Burberry regulation such as safety working environment, labor children, illegal pay and abuse , these problems are always found in these countries.Moreover, safety working environment, h ealthy and compliance with local environmental legislation also are the other challenges for Burberry because they found that most developing countries do not formulate the occupational safety and health regulation and environmental organization. These countries do not install the legitimate fire device in the factory or build up a health and safety working place for the staffs, it absolutely disobey the rules of Burberry. Brand image will be also affected by these negative news.When souring new supplier Burberry facing the political environment problem. For example in Thailand, they do not have a stable business environment. The anti-government demonstration caused the Bangkok city in turmoil. It made factory cannot ship out any goods from the airport. As long as riddled with corruption, unstable public security, terrorism and robbery always happened. We can see that these factors might not provide stable business environment for producing Burberry product. And Burberry also will c onsider kind of factors to choose supplier.To solve these problems, I would like to suggest Burberry don’t put all orders in 1 supplier in order unstable conditional happen again. The fighting sources with competitors as also one of the challenges for Burberry as Burberry share some factory‘s capacity with others fashion brand for example: Polo Jeans, Armani exchange, Marks and Spencer, Gap and J. Crew etc. Therefore, Burberry needs to keep a good relationship with all suppliers to ensure sufficient providing source. 5. 2. Outsource Burberry has 3 global licensing agreements of fragrance and beauty (by interparfums), watches (by Fossil) and eyewear (by Luxottica).In order to make sure the quality of non-apparel products are in a high standard, all licensing can provide professional knowledge and technology of product and it can helps Burberry reduce cost on innovation for non-apparel products. Burberry sourcing teams, quality control teams and CSR team work closely with these partners on product development, quality control, CSR, marketing and distribution activities, and will conduct regular reviews to ensure compliance with the term of its license agreements.Outsource for Burberry is very important because Italy’s fragrance and beauty is expertise because they have long history in this field so it is the best in the world, the eyewear technology in Guangdong, China is the best and reasonable. Hence, Burberry enables to sell the licensing to them in order to maintain better quality. 5. 3. Information System – SAP According to Burberry globalized organization, Burberry has 444 worldwide retail shop and over 31 countries operation. Therefore, different parties will create a lot of information of product.Burberry supply chain system is a technology that to improve information to become more systematic. Started from 2008, SAP is the only system platform for Burberry; it can help to collect information, data and share within the organiza tion. It also can monitor the delivery schedule to ensure everything are on tracked. SAP system is the market and technology leader in business software solutions, providing comprehensive business software through SAP applications, services and support. SAP can manage system and analysis at the same time, It helps Burberry to draw data and use this platform to do an analysis of brand performance.This information can help making decision by the management team to increase competitive advantages, such as production life cycle analysis, raw material forecasting, marketing planning and inventory review. So that everything can be counted and measured by using SAP system. Famous and international company would prefer using SAP system, as these company has different branch office over the world. By using SAP system can help they no limitation on different district. 6. 0. Delivery Transportation is one of the main processes of delivering and distributing goods.It may involve more than one p lace during the transportation, such as place to store and place to sell. 6. 1. SAP system In Burberry, SAP provides a systematic format to handle information transmission, and it brings a dramatic impact to Burberry. For example, SAP system has an accurate control on the raw material lead time, which means factories have plenty of time on mass production; consequently, it reduces shipment delay. Furthermore, due to the well control on the production period, Burberry has plenty of time to ship the goods by sea instead of air.The most obvious outcome is the reduction of logistic cost. 6. 2. DHL 3rd party Moreover, Burberry is in collaboration with DHL 3rd party global to in charge of final goods delivery. They are responsible to collect final goods from different factories, and providing direct delivery service to relative DHL Global center (UK, USA, Spain ,HK), then they distribute the goods to local retail stores. Due to this professional & tailor-make service provided by DHL, Burb erry reduces the need for warehousing at destination, which means this part of expenses can be reduced.Even though worldwide retail shops and operation offices are closed after work, DHL can provide 24 hours logistic services and its reliable customs clearance, which can help to speed up the delivery process, so it can secure the delivery time. For example, new product can be launched in the retail store in time, quick move inventory to distribution centers by special requested. 7. 0. Return Nowadays customer would like to have a pleasant shopping experience, they all don’t like to return to retail outlets or companies. Customers want to have sales approaches, lowest price and friendly service for every product.Consumer prefers more and would like to shop at one stop shopping centers. Burberry is using some of the supply chain techniques to cut costs like given vendor to manage the inventory by using inventory tracking and sales in individual stores and cross-docking fast-mov ing items. Now, Burberry has more convenience, selections, and reasonable price 8. 0. Conclusion In my opinion , Burberry applies â€Å"supply chain management† is a important and correct direction because it can offers a great deal of benefits including sourcing , reduce cost , quality control, product category and quality advantages to Burberry fighting with its competitors.In refer to Burberry annual report, their business are going up and up. It is very vital for Burberry continuously maintaining high reputation . As well as Burberry are facing some competitions in sourcing suppliers directly , so needs to find others or potential suppliers to cooperate To ensure the good relationship between supplier with better price, Burberry should keep the stable and regular ordering in long term. This could highly enhance its bargaining power.In order to having the good quality and lowering the cost (to enjoy more profits) at the same time, Burberry need to do more research on findi ng good suppliers and manufactories in different countries. Even it has long historical experience; Burberry should keep doing research and catch up with the new/ latest trend Burberry also need to shorten the lead-time from the process of supply chain progress . In order to meet the demand and needs in the future. I think that Burberry need to shorten the lead-time of manufacturing and transporting time such as pre-book some raw material.In constant, the challenges of global sourcing are some uncertain factors need to be manage and consider in selecting the suppliers from different country, e. g. political environment, country’s textile quotas and exchange rate. To manage those risks, the top management requires long term perspective in defining the company’s goal and strategy. In order to implement global sourcing successfully, it also requires the experience and commitment of the management in managing the risks and understanding the foreign regulations.In addition, H outsources all the production to over 200 suppliers, Burberry needs to maintain the good and long-term relationships with all the existing suppliers. Despite it is rich in challenges and difficulties when conducting sourcing globally. Social Responsibility is one of indispensable factors to be considered. Balancing Social Responsibility and Business Benefits is the real challenges for Burberry If Burberry does not manage its supply chain correctly, it would lose profits because they are providing products at lower costs than its competitors, so they must also receive lower prices from its suppliers.Therefore, the supply chain of every company should not be overlooked as it may lead to a loss in profits, revenues, and even the company itself. 8. 0. Reference Burberry Group Plc. (2012, Nov 09). Retrieved from Burberry – Iconic British Luxury Brand Est. 1856: http://www. burberryplc. com/ Chan, Chi Kin, and Lee, H. W. J. Successful Strategies in Supply Chain Management. Penns ylvania: Hershey, 2005. Chopra, Sunil and Meindl, Peter. Supply Chain Management: Strategy, Planning, . New Jersey: Upper Saddle River, 2007.