Thursday, October 31, 2019

The Scientific Method Lab Report Example | Topics and Well Written Essays - 250 words

The Scientific Method - Lab Report Example The quantity of oxygen dissolved would be controlled by beginning from 20ppm and twenty fish. After this the amount of oxygen would be lowered slowly up to 0ppm. In this instant, as per the hypothesis set, there would be zero fish within the water. The control variable for this experiment would be temperature of water. This is so because for accurate results of this experiment, the temperature of water needs to be kept constant. Otherwise it will alter or give out biased the results of the experiment. For this data set, a line graph would be most appropriate representation. This is so because line graphs are normally used in making comparison and representing data that have a time series. This graph is the most appropriate for this data, because it displays a clear magnitude change. In this observation, we hypothesize that the rate at which the plant grows depends on the quantity of sunlight. The null Hypothesis for this observation would be; the rate at which a plant grows is not controlled by the quantity or degree of sunlight. The approach used would be moving the plant around the specific room. The dependent variable shall be the plant growth whereas the independent variable shall be the sunlight amount. The control variable for this observation shall be a plant placed in the shade. Data shall be collected using a pencil, stopwatch, ruler and a clipboard. Presentation of data shall be done using a bar graph. This data would be interpreted using an excel program or an SSPS program. In this observation, we hypothesize that the Bank tellers having brown hair with brown eyes certainly would be taller in height. The null Hypothesis, in this case, shall be the bank tellers height has no relationship with their eye or hair color. The approach of experimentation to be used would be observing tellers who work at different banks. The dependent variable for this observation is the bank teller’s height and the independent variables are the bank teller’s

Tuesday, October 29, 2019

BURGER KING CASE STUDY Term Paper Example | Topics and Well Written Essays - 1250 words

BURGER KING CASE STUDY - Term Paper Example Experts suggested that the campaign was a clear indicator that Burger King was the favorite burger of the Americans. This is because consumers ate Whopper more often than the other products. The campaign also doubled Whopper sales in the quarter that ended on December 2007. The burger also got a replica of Whopper at Madame Tussauds in the same year. The campaign was able to reach both the old and the young. It was also well received by the advertising and branding experts (Faheem 3). The Pros and Cons of Using Viral Marketing Campaigns to Promote a Product Consumers are capable of spreading online information about services and products to their peers through forwarding e-mail through viral marketing campaigns. Because the information spreads very fast and through the online medium, it cannot be obstructed by geographical boundaries. Therefore, it has the ability to reach many potential customers within a very short time (Dekimpe, Gijsbrechts, and Wuyts 257). Viral marketing assists a business to remain afloat in the competitive business world through a strategy that is easy to incorporate in a defined buyer-society and empower the unattached audience with marketing tips, guidance, and training. The word of mouth idea strengthens the peer-to-peer recommendation of the service or product. It also assists the business to get revenue from local interest in the scheme (Borade 1). There are possible risks linked with the use of viral marketing campaigns. When the message spreads like a virus over the internet, it is difficult to gain control of the process again. Furthermore, because the customers are free to spread any message, it is impossible to control the message they are writing to their peers. When consumers are unable to edit the message, they are less likely to spread the message thus making the campaign ineffective. If the process of spreading the messages gets out of control, it may cause logistical issues such as high costs and slowing down of the Web s ites (Dekimpe, Gijsbrechts, Wuyts 261). Thus, the process can be costly to the company if gets out of control. Factors That Resulted In the Success of the Whopper Freakout Campaign The success of the Whopper Freakout campaign can be asserted by the innovative advertising campaigns that Burger King had run back in the late 1950s. The most successful of all the campaigns was the 1974 â€Å"Have it Your Way† campaign, which motivated customers to order a burger the way they preferred it. In the following years, the fast food company has launched a number of innovative and unconventional campaigns that assisted Burger King in increasing its visibility among the target customers and promote its products. Another factor that can be attributed to its success is the fact the campaign featured a viral marketing website, which was composed of the videotaped consumer reactions. The campaign was also backed by other promotional components such as print, online ads, and TV advertisements. A reputable company CP + B. designed the advertisements (Faheem 3). The Whopper Freakout campaign generated a lot of interest among the target consumers who consisted of the technology savvy youngsters and it quickly spread by the word-of-mouth marketing (Faheem 3). In other words, the campaign made people start talking about the products as they even spread through the internet. Word-of-mouth marketing puts the brand directly into the conversations among

Sunday, October 27, 2019

Lim Goh Tong

Lim Goh Tong The person who I admire most is Lim Goh Tong, and thus i had choosen him for my Malaysian Studies term paper topic. There are many great things of Lim Goh Tong that I always admire. He is not only a hardworking person, but also a smart businessman who do the right thing at the right time, I think its safe to say the greatest businessman in Malaysia. Lim Goh Tong was raised in an lower middle-class home, a rustic environment in a village, and was forced to leave school at 16, but yet this didnt hold him back in achieving his dream. Malaysians, especially the young generation, have a lot to learn from Lim Goh Tong. His spirit and courage in meeting challenges have enabled him to rise from nobody to somebody. Even without the advantages of higher education, he has proven that nothing is impossible. 2. Parents and Background He was born in 1918 in Anxi, a county in the region of Quanzhou, Fujian Province. Anxi is well-known for its Oolong tea, and Tiegunyin. His forefathers originated from Penglai, Fujian. At an early time, they migrated to Anxi and settled down there. His grandfather was Lim Mei Chow. His father, Lim Shi Quan, was the eldest of four boys in the family. The other boys were Lim Mo Zi, Lim Mo Sen and Lim Mo Jin. Like Lim Goh Tong, his father and grandfather was an upright man, loved and respected by anyone. His mother, Goh Ban, did not come from a rich family. But she always had the principle of being a good wife and mother. A gentle, affable lady with strong religious beliefs, she loved her family deeply and set a great store by proper upbringing for her children. His father own a business of dealing in vegetable seeds, rabbits and other items, while his mother took care of her seven children. Despite her bound feet, she had to do a lot of heavy work. But she never complained. The couple worked perfectly as a team, in line with the age-old Chinese thinking that the man should take charge of external affairs and the woman, domestic matters. A good parental teachings is very important that could affect a childs life through his behaviour and attitude. Same goes to Lim Goh Tong, his parent had been tirelessly teaching them with traditional Chinese virtues. They kept telling him the importance of hardworking and perseverance. Such parental teachings have a big impact on him and he always have the thought of once he make a commitment to do something, he must try his best to accomplish it. His parent frequently says: Do good to others and youll be rewarded somehow. this has been locked in his mind always, making him a humble man that respected by everyone that works with him. 3. Origin of His Name Lim Goh Tong The name Goh Tong is Fujuan dialect, in Chinese it would be Wu Tong, meaning the parasol tree. According to southern Chinese legend story, the phoenix, the legendary king of the birds, would rest only on wutong trees. There is even a saying of planting a wutong tree to attract phoenix for good fortune. His parents name him after wutong tree was to hoped to bring Lim Goh Tong a good fortune. 4. His Childhood The 1911 Revolution led by Sun Yat Sen that brought an end to Chinas long history of imperial dynasties. Fortunately, his life was relatively sheltered in village, his family was a warm and happy one, he had a happy childhood and opportunity to start studying the Chinese classics at the age of six, when he was not studying, he used to help his father selling vegetable seeds, tea leaves and other goods by the roadside or in the neighboring town of Yongchun. But disaster strucked, his father passed away when he was 16. With the lost of his father, he was forced to leave school. As the oldest son, he had to take over the heavy burden of feeding seven mouths in the family. After getting over the shock and pain of losing his father, he took over his trading business, he faced all sorts of problems. On his first day of business in Yongchun, he had failed to make even a single sale. Life as seed seller was tough. He had to leave home before dawn everyday and walk all the way to Yongchun. Two years passed. He managed to save up about 100 dollars. But due to continuing of civil war came the threats of banditry in his native place. Faced with security problem and declining business, he decided to give up trading to work as a carpenter. This was to be his line for next two years. In the meantime, the situation in China was becoming more and more worrying. Apart from suffering the turmoil from fighting between warrng factions, the people were bracing themselves for a Japanese invasion. As it became increasingly difficult to support a family, many people were head to Nanyang for better opportunity. 5. Head to Malaya Follow his forth uncle footstep, Lim Mo Jin, who had emigrated to Malaya many years earlier and started a contracting business, was already a successful Class A contractor in Kuala Lumpur, he decided to venture out to Malaya and asked his mother if she would lend him part of the money for traveling expenses. And she agreed. In 1937, the year the Japanese staged the Lugouqiao / Marco Polo Bridge Incident (a battle between the Republic of Chinas National Revolutionary Army and the Imperial Japanese Army.). He set off for Malaya with a small suitcase and 175 dollars 100 from his mother and 75 from his own savings. He was 20 years old then. After sailing the South China Sea for eight days, he landed in Singapore, and left 120 dollars. He stayed for two days with his eldest sister before leaving for Kuala Lumpur by train. Kuah Shai Hai, elder brother of his eldest sisters husband, paid for his train ticket and also gave him two dollars for pocket money. In Kuala Lumpur, he lived with his fourth uncle, Lim Mo Jin, and worked for him as a carpenter. He was paid on a daily-wage basis. That meant earning 80 cents a day when there was work and nothing when there was none. Despite his low income, he managed to save up some money to send to his mother every month. In the mean time, he learn Malay Language while working for his uncle. After two-year stint with his uncle, he decided that with the experience he gained, he decided to start out as a building sub-contractor. His first job was to build a two-storey school at the 9th miles, Cheras Road, Kuala Lumpur. He completed the job successfully and made a profit of more than 100 dollars. Three years passed by quickly, he decided to take a risk in returning home. On 29th November 1940, he left for Xiamen by sea via Singapore and continued his journey home by way of Tongan. By then, the Japanese had overrun Xiamen but Tongan remained in the hands of the Nationalists. To avoid trouble, the ship he was sailing on flew the Japanese flag when it entered Xiamen waters and switched to the Chinese flag as soon as it was out of the sphere of Japanese control. He was arrived in Anxi safely. He worked as carpenter in his hometown for 7 months and 7 days then only decide to go back Malaya as the war environment was getting worst. As soon as he back to Malaya, the Japanese restr ict travels in and out of Fujian Province, if he were hesitated about leaving, Genting wouldnt have exist now. About four years later, his mom passed away, sadly, he didnt even have the chance to see her for the last time. He arrived in Kuala Lumpur on August 1941, his fourth uncle then made him a foreman to lead on contractor project. 6. Impact of Japanese invaded Malaya As the Sino-Japanese war continue, rumour about Japanese going to attack countries in Southeast Asia were sirred up. To monitor the movements of Japanese warships, the British colonial government in Malaya decided to build an observation tower on a beach in Penang. His fourth uncle was awarded the job after a successful tender. He entrusted Lim Goh Tong with the task of overseeing the project. He left for Penang immediately to make the necessary preparations. But before he could commence work, the Pacific War had broken out and the project was abandoned. He hurried back to Kuala Lumpur as the strong rumours that a Japanese invasion was going to start. Soon after, the Japanese troops landed, swept through the country and began their brutal occupation that lasted three years and eight months. Kuala Lumpur was in terror after Japanese soldiers overran the city in mid Janyary 1942. Lim Goh Tong and his fourth uncle and Aunt was hid in a rubber plantation near Ampang New Village. During the earlier part of the Japanese Occupation, he earned a living as a vegetable farmer, after eight months, he decided to switch to petty trading. By using his previous experience back home, he started by selling tea leaves, Tiger Balm and other goods in and around Kuala Lumpur. Every morning, he would set off on his bicycle, going from one village to another , shouting his wares along the way. In the course of moving around Kuala Lumpur and Selangor, he came into contact with some others from Anxi who were doing well in second-hand hardware trading. After saving up some money, he joined their ranks. Soon with proper management, his business picked up quickly and he managed ti accumulate a good amount of savings. In 1945, towards the end of World War II, a Japanese-owned steel mill in Klang bought a large quantity of scrap iron from him. Before its Japanese manager could settle the account, he was crippled after being involved in a gun battle with anti-Japanese fighters. Meanwhile, the war situation changed and all signs were pointing to an imminent Japanese surrender. Lim Goh Tong was worried as the debt owed by the steel mill would become irrecoverable, so he got someone to help him write letter for the Japanese manager to sign to certify that he had a large stock of unpaid-for scrap iron in the steel mill. This letter would enable him to claim it back from the relevant authorities that would take over the steel mill. The Japanese finally surrender and British troops returned, with the letter signed by the Japanese manager, he succeeded in claiming back hundreds of thousands of dollars as the stock of scrap iron from British authorities. When the British returned to Malaya, they brought along large quantities of machinery such as cranes, bulldozers and concrete mixers for reconstruction of public facilities. Upon completion of various projects three or four years later, they sold the used machinery to citizen. Lim Goh Tong see the opportunity as many abandoned mines and rubber plantations resumed operations, there was an urgent demand for heavy machinery, especially in the mining sector, so he bought many of the second-hand machines on offer, then reconditioning them and giving them a new coat of paint and resold them at two to three times the prices he had paid for them. 7. Construction Company Kien Huat In 1951, he started buying used bulldozers from military airbases in Johor and Singapore then sell it off to British-owned oil factory, iron mining company and contractor to earn the profit of the price differences.. Ever since he started dealing in heavy machinery, Lim accumulated a wide range of reconditioned machines as well as a substantial amount of cash to move into construction and related industries. In the name of his family construction company, Kien Huat Private Limited. It was first name as Huat Kee, until someone told Lim Goh Tong that companies that named themselves xxx Kee were usually small timers without great ambitions. In 1954, Kien Huat completed several government projects, including the construction of a 20-mile road from the Old Klang Road in Kuala Lumpur to the Majestic Cinema in the old town of Petaling Jaya. The project was completed in three years at a cost of $1 million. Kien Huat was awarded a contract by the Kuala Lumpur Municipal government to construct part of a four-mile sewer from the Kuala Lumpur Railway Station to Klang Road. Each sewer section was 10 feet long, six feet in internal diameter and weighed six tons. The project cost $4.1 million. Construction of the other 1.5 miles of the sewer was undertaken by another contractor. It was a challenging project because two contractors has failed to complete the task, the first one had worked on it for only eight months before quitting without succeeding laying even a single sewer section. The second contractor, a reputable British firm that had demanded a price several times the original before agreeing to take over the job, also failed to complete it. It was due to the soil conditions actually, the soil structure contain 80 percent of rock overlaid with sand and a high water table, but Lim Goh Tong successfully completed the project by using gravel pump instead of water pump by keeping the soil dry enough for concrete to work out. After four years of Kien Huat commencement, Kien Huat had proven its capabilities by successfully completing many major projects. In 1955, Kien Huat had upgraded to Class A Contractor, which means it is qualified to undertake public projects of any size. 7.1. Construction of Ayer Itam Dam Project in Penang Of all the projects undertaken by Kien Huat in 1950s, the one that it took the greatest pride in was the Ayer Itam Dam in Penang. It was not only a milestone for the country but also a first for the local construction industry. The $12 million dam was the first to be built in the country; it was also the first time that a local contractor had been given a construction job of such scale. The dam project was commissioned by the Water Works Department of the Penang government to supply drinking water to the islands residents. During the construction of Ayer Itam Dam, accidents do happens. The British consultant engineer was of the opinion the soil structure at the site was strong enough to support without using wooden until reach 10 feet deep. But Lim Goh Tong concern about the workers safety and it was unsafe to carry out excavation without supporting structures to prevent cave-in. Thus, he ignored the British advice and implemented wooden support for safety purposes, and the project p rogressed smoothly. One day, while Lim Goh Tong was away in Kuala Lumpur, the British engineer asked the workers to remove the wooden supports, and disaster struck, the cave-in occurred soon after killed five workers and injured more than 20 others. Lim Goh Tong rushed back immediately and the engineer admitted his mistake and apologised to Lim Goh Tong. The safety measure adopted once again, and the project was alright in the next four years and completed in 1962, which started in February 1957. The Ayer Itam Dam not only solved the drinking water shortage problem for the islanders, but also helped to prevent flooding during monsoon season. 7.2. Construction of Sultan Yahya Putra Bridge Project, Kota Bharu Ever since Kien Huat had upgraded to Class A Contractor, Kien Huat has becoming busier. Apart from building the dam project in Penang, it also constructed the main building, the mosque and hostel of the Teacher Training College at Pantai Valley in Kuala Lumpur. In 1962, Kien Huat was given the job of constructing the Sultan Yahya Putra Bridge in Kelantan. Costing RM5.2 million, the 2800-foot bridge linking Kotha Bharu and Pasir Mas and leading on to southern Thailand. 7.3. Construction of Hydroelectric Project, Cameron Highlands In 1962, Kien Huat had the opportunity to work on the RM20 million hydroelectric project in the Cameron Highlands, Pahang, The mission of Kien Huat was to construct two dams, one at the seventh mile and another at the 14th mile Tapah-Tanah Rata trunk road and four power stations. The project was designed to meet the growing demand for electric power in Kuala Lumpur. Upon completion of the project in 1968, he moved most of his heavy machinery to Kelantan to work on the Kemubu Irrigation Scheme project, which turned out to be an evenful one that almost make Lim Goh Tong to bankrupt 7.4. Construction of Kemubu Irrigation Scheme, Kelantan The Kemubu Irrigation Scheme is the second largest in Malaysia after the Muda Irrigation Scheme in Kedah, it was implemented by the Agriculture Ministry with a Rm30 million loan from the World Bank to enable farmers to carry out cropping on 47,000 acres of rice land in Kelantan. Kien Huat won the contract with a bid of Rm 54 million, a whopping RM 10 million lower than the closest rival bid of RM 64 million. Many in the same trade think that Lim Goh Tong has gone crazy with the huge lose of money, but instead Lim Goh Tong didnt give up but wanted to prove them wrong. The project was a complicated one that called for the construction of a network of some 570 km of criss-crossing irrigation canals. More than nine million cubic yards of irrigation canals. More than nine million cubic yards of earth had to be excavated and 2000 reinforced concrete structures fabricated for diverting water into paddy fields. In addition, they had to build more than 200 bridges that used up some 20000 feet of concrete pipes of diameters ranging from 3 to 6 feet. Based on Lim Goh Tong calculation, he would be able to make RM 3 million from the project. Work commenced on 1st August 1968 after the contract for the project had been signed. The French firm of Sogreah acted as project consultants. In the months that followed, the project face many problems, like delay in the Governments acquisitions of land, thefts of equipment and materials from work sites, severe flooding due to monsoons and the May 13, 1969 incident. Progress of work slowed down greatly. All the problems causes RM5 million loss at the end of the first year and causing financial problem. Just when the problem happened, Mr Chin Sophonpanich, then chariman of Bangkok Bank, gave him an overdraft. At that time his overdraft account with Bangkok Bank was more than RM5 million in the red. Cash flow problems aside, he then continue with his project, but unfortunately at the end of the first year, Kien Huat had managed to complete only five per cent of the project. And thus, the projects consultant was unhappy, and in the next two months, they kept issuing warning letters to Lim Goh Tong. In a single day on 19th August 1969, he received 29 registered letters, all with the same contents saying that they would sue him and make him a bankrupt. Lim Goh Tong decide to hit back and to meet with project manager, telling them the delay of project was created by late land acquisitions from the Government, all proven by documents and hence it is unfair to put the blame on Lim Goh Tong. Lim also make a bet of if he could finish only another five or six per cent of the project after six months, then the project manager could sue him to bankrupt, they have granted him permission to continue with the project then. Lim Goh Tong the scaled down the structures as he found the structure was over design, the consultants too approved his proposal. The change resulted in a much simpler and faster way of working, less than 4 months he had completed about 60 percent of the whole project. And eventually the Kemubu Irrigation was completed on schedule, Kien Huat not only managed to make a profit of RM4 million, but also help the Government save more than RM10 million in costs. 8. Join in Southern Bank While Lim Goh Tong was building the Ayer Itam Dam, he used to get his fuel supply from a petrol station at the foothill. In the view of frequent transactions, He decided, for convenience, to make out a RM 5000 cheque then have his purchases deducted there from, upon depletion of the amount, he would top up with another RM 5000 cheque. By chance, he knew the petrol station boss Tan Sri Loh Boon Siew, a well known Malaysian enterpreneur now. Later, Tan Sri Loh Boon Siew invited Lim Goh Tong to jon him, Low Yat, Tan Seng Kee and Lim Chong in establishing Southern Bank, Penang first local bank. Each of them own 20 per cent stake. Lim Goh Tong stake in the bank was then taken over by Tan Teong Hean, his eldest son-in-law and son of Tan Seng Kee. Today, Southern Bank is one of the 10 core banks in Malaysia. 9. Development of Genting Highlands His idea of developing a mountain reort was not the result of an active search for business opportunities, in fact it was pop up in his mind in one night in 1963. At that time, he was sub-contractor for the Cameron Highlands Hydroelectric Project. That night, he had dinner in Cameron Highlands with the German firms General Manager, chief engineer and nine other people. After a few rounds of liquor, he felt hot and went out for some fresh air, as he stood there taking in the enchanting highland night view, cool breeze blew over him. It was so soothing and refreshing that he just closed his eyes and took a deep breath of mountain air. Then a train of thought ran through his mind. The first thing that struck him was that in tropical Malaysia, everybody likes to retreat to a cool mountain resort for a holiday every noe and then. This could be seen from the popularity of Cameron Highlands with the local as well as foreign tourists. But Cameron Highlands was a good four or give hours drive from Kuala Lumpur and the roads uphill were narrow and winding. He was also convinced that as the standard of living rose steadily in a fast developing Malaysia, more and more people would visit moutain resorts for relaxation and recreation. A Kuala Lumpur resident for many years, he was familiar with the terrain of its surrounding areas. He knew the only likely place to find a mountain high enough for a resort was around Bentong in the east. The moment he returned to Kuala Lumpur, he got hold of a topographical map of the Bentong district and scanned it. Gunung Ulu Kali at a place called Genting Sempah caught his eyes immediately. Within days, he assembled a team to explore the mountain and its surrounding areas. During the expedition that lasted nine days and eight nights, they gathered a wealth of data on the topography, drainage, soil conditions and other relevant aspects of the region. During their survey, they discovered that the little known mountain is in between border of states of Pahang and Selangor. In te latter part of 1963, he began by putting in an application to the Pahang State Government for the land at Genting Sempah for development of a tourist resort. The Bentng District Officer advised him to approach the Federal Government directly as the yalready had a plan to develop Genting Sempah. Tan Sri Haji Mohd Noah bin Omar introduce him to Tunku Abdul Rahman, our first Prime Minister. Tunku Abdul Rahman confirmed that the Government had wanted to develop the mountrain, but the plan had been postponed due to the road of access that require about 15 years to complete. Moreover, the country was confronting with Indonesia. Putting huge amount of funds into the development of a holiday resort at that time would give ammunition to the opposition, thus Tunku Abdul Rahman decided to allow the private sector to carry out the project. After preparing a project paper within a week to Tunku Abdul Rahman, he approved Lim Goh Tong to start the project. On 27th April 1965, Tan Sri Haji Mohamad Noah and Lim Goh Tong incorporated a private company called Genting Highlands Sdn Bhd. For the next five years, they applied to the Pahang and Selangor State Government for 4940 hectares and 1110 hectares of freehold land respectively. With Tunkus recommendation, the Pahang State Government approved their application. However, the Selangor Menteri Besar Datuk Harun Idris would only give the land on a 99-year lease. Lim went to see Datuk Harun and explained to him that he needed a freehold land because it would take 30 to 40 years and enormous investments to build roads, hotels, staff quarters and to install water and electricity supplies in the jungle area. At last, his request has been granted. On 8th August 1965, he led a team of technicians and workers to begin work, the government then agreed to build a telecomunications tower half-way up the mountain for better reception but with condition of the road has to be completed in three years and promised giving RM900,000 subsidy. Since he had to complete it fast, he make his construction team to work in two shifts round the clock, seven days a week. Besides working flat out on the job, he also threw in all the resources and equipment of his family company, Kien Huat, including bulldozers, tractors, air compressors and lorries. To complicated matters, around this time Lim had to start work on th Kemubu Irrigation Scheme in Kelantan, the contract for which he had bid earlier. Supervising and co-ordinatiing the two projects at the same time stretched his physical endurance to the limits. He shuttled between Kuala Lumpur and Kelantan, to him there were no rest days on Sundays and public holidays. Fortunately they did meet the dea dline and receive the promised RM900,000 subsidy, a big amount at that time and a great help to them. There was, however, another problem happen before Gentings official opening. When it was all geared up to commence business in January 1971, Kuala Lumpur and its surrounding areas were hit by the worst rainstorms in a century. The road to Genting was closed by landslides at 180 locations. It took them some four months to repair the damaged sections. Finally, Genting opened its door for business on 8th May 1971. It was a dream come true for Lim Goh Tong 9.1. Development of Genting Casino Lim Goh Tong original vision for the Genting resort was a highland retreat where the old and the young families could come to holiday. On 31st March 1969 when our Bapa Malaysia Tunku Abdul Rahman made his first visit to Genting Highlands. In his speech, the Tunku said he was moved by Lim effects to develop, without Government help, a highland resort for all Malaysians and thus greatly contribute to the countrys tourism indusry. To help improve Genting to a better tourist spot, Government would consider an application from Genting to operate a casino. On 28th April 1969, Lim submitted his application for a casino licence to the Government through the Tunkus Private Secreatary, Datuk Nik Hassan. Later in afternoon, just six hours after Lim submitted his application, came the good news that it had been approved and he was asked to collect the approval letter, thus, Genting Highlands became the first and only casino licence holder in the country. The May 13th incident happened soon after that, the government stated policy that no more casino licences would be approved. Soon after that, Lim Goh Tong proceeding to Macau to meet Mr Stanley Ho, the owner of Macaus only casino, to discuss the issue of co-operation in running the casino. However, for certain reasons, they did not succeed in reaching an agreement. Two years later, Lim finally struck a deal with Chun Rak Won, the operator of the only casino in Seoul, Korea. They signed a three-year agreement with his company which was to provide the expertise in managing the Genting casino. Unfortunately, the co-opetaion lasted only nine months before it was terminated by mutal consent, Genting took over the entire casino operation, learnt the ropes of the trade over time and eventually mastered the management skills. 9.2. Obtain Pioneer Status from Government Based on an annual taxable income of RM 2 million, Genting would be paying RM800000 income tax every year (the corporate income tax rate then was 40%), or a total of RM4 million for five years. It was critical to the company during the period when it had to invest heavily in resort infrastructure development. A five-year tax holiday would enable Genting to plough back all its profits into developing hotels and other tourist facilities, including a man-made lake, a cable car system, a golf course and the Chin Swee Temple. Upon completion, these facilities would attract more visitors and generate earnings many times what the resert would otherwise be able to. More importantly, the government would have fattened a revenue cow that promised to keep on giving good milk for a long, long time. The officials saw merit in his argument. On their recommendation, Genting was granted a five-year pioneer status with effect from 8th May 1971. It is proved to be a win-win decision. The tax the Gover nment collected from Genting later was far greater than the amount exempted during the tax holiday. 9.3. Development of Gohtong Jaya In 1993, at the suggestion of Dr Mahathir, Genting Development Sdn Bhd, started started developing a township on an 81 hectare piece of land at the seventh milestone of Jalan Genting Highlands, around the site of the Genting Highlands, around the site of the Genting Skyway cable car station. The Prime Minister offered many valuable ideas on the development of the township. Its name, Gohtong Jaya, was chosen with Dr Mahathir. The name Jaya which means success in Bahasa Melayu. 9.4. Development of Chin Swee Temple In 1966, when construction of the access road had reached the site where the Chin Swee Temple stands now, several workers and Lim Goh Tong spent the night in a cave at the end of a hard days work. During his sleep, he dreamt of the Chin Swee god a god widely pray in his native Anxi county in the Fujian Province. Chin Swee god told him kindly that he could stake everything on the development of Genting Highlands because it was a promising land that held a bright future for him. He woke up with renewed confidence and made a secret swear that if he succeeded in developing the resort, he would build a temple. In 1975, he set up a temple-building committee to take charge of the implementation of the project. Work on Phase One of the project started in 1976 and was completed after three years at a cost of RM1.6 million. Lim Goh Tong even made a special trip to Anxi to bring back a statue of the Chin Swee deity which was officially installed in the temple on 20th September 1979. After 18 long years and costing over RM10 million, the Chin Swee Temple was officially opened on 29th March 1994. Chin Swee Temple is now a popular place of praying as well as a tourist attraction of the resort. 10. Origin of the Name Genting Genting Sempah, the orignial name of the place, sounded simple and pleasant enough to Lim Goh Tong and he liked it. However, he found it quite hard to pronounce for the name of a company and a resort, so he decided to drop the second word and retain Genting only. At first, the Chinese name Yin (Silver) Ding (Top) is used, since Cameron Highland in chinese is Jin Ma Lun (Jin means gold). Lim Goh Tong thought that Yin Ding was a fitting choice because it contains the silver, and to the Chinese, jin (Gold) and yin (Silver) symbolising wealth and prosperity. But it turned out many has start criticizing after the name of Yin Ding has put into use, many think Yin Ding doesnt have anything to do with a resort on top of mountain, and it was vulgar to have a name just to associated with gold and silver. At the end, his wife (Lee Kim Hua) suggest to use Yun Ding (Cloud Top) since genting is located on top of a high moutain where people can touch the clouds floating around she said. Yun Ding has been in use ever since. 11. Rest in Peace Lim Goh Tong died on 23 October 2007, at Subang Jaya Medical Centre (SJMC). He is survived by his wife Puan Sri Lee Kim Hua, and their six children and 19 grandchildren. His body was laid to rest at Gohtong Memorial Park at Gohtong Jaya on Monday 29 October 2007 12. Conclusion The story of Tan Sri Lim Goh Tong is an inspiring one, beginning with nothing to his name, he turned difficulties into opportunities, took much calculated risks and confounded sceptics through sheer foresight and perseverance. it gives us a lot of inspiration as we want to become a businessman. He work hard for his entire life to realise his own dream. He success to realise his o

Friday, October 25, 2019

Ethical Dilemmas in Psychology Essay -- Psychology

Francis Bacon helped to pioneer the new science steering people away from Aristotelian teachings. He helped to bring the scientific method to a place of learning from observation and experimentation. He felt that science should be judged by the usefulness of the results (Greenwood, 2009). Bacon projected that many great things might come out of this empirical approach, but what has ensued in the centuries that followed, Bacon and others might not have predicted. Since Bacon and others pushed for a more empirical approach, numerous discoveries have been made. During this scientific revolution throughout the 16th century was categorized with big advances such as the making of new lenses by Galileo, Kepler and Huygens leading to new information about the stars and space, Magellan circumnavigating the earth, Columbus discovering the Americas, Gutenberg’s printing press advancing literature rapidly, and a religious reformation by Martin Luther that changed the church indefinitely (Graham, 2009). The scientific revolution continued far into the 17th century which was categorized with major findings in mathematics with Leibnitz and Newton independently discovering Calculus, Antoni van Leeuwenhoek discovered bacteria, William Harvey published his findings on the circulatory system, Newton’s laws of motion, and continued work on understanding the universe (Wikipedia Selection for schools – 17th century, 2008/9). The 18th centu ry saw the invention of the steam engine which opened up the way for steel production, the discovery of photosynthesis, and the spinning jenny leading to the industrial revolution (Wikipedia Selection for schools – 18th century, 2008/9). More inventions and discoveries epitomized the 19th century which saw m... ...0062 Redlich, A. D. (2007). Double jeopardy in the interrogation room for youths with mental illness. American Psychologist. doi:10.1037/0003-066X62.6.609 Welch, M. (2010). Illusions in truth seeking: the perils of interrogation and torture in the war on terror. Social Justice, 37(2/3), 123-148. Retrieved from http://www.socialjusticejournal.org/fliers/37-2-3flier.html Wikipedia Selection for schools (2008/9). 17th century. Retrieved from http://schools-wikipedia.org/wp/1/17th_century.htm Wikipedia Selection for schools (2008/9). 18th century. Retrieved from http://schools-wikipedia.org/wp/1/18th_century.htm Wikipedia Selection for schools (2008/9). 19th century. Retrieved from http://schools-wikipedia.org/wp/1/19th_century.htm Wikipedia Selection for schools (2008/9). 20th century. Retrieved from http://schools-wikipedia.org/wp/2/20th_century.htm Ethical Dilemmas in Psychology Essay -- Psychology Francis Bacon helped to pioneer the new science steering people away from Aristotelian teachings. He helped to bring the scientific method to a place of learning from observation and experimentation. He felt that science should be judged by the usefulness of the results (Greenwood, 2009). Bacon projected that many great things might come out of this empirical approach, but what has ensued in the centuries that followed, Bacon and others might not have predicted. Since Bacon and others pushed for a more empirical approach, numerous discoveries have been made. During this scientific revolution throughout the 16th century was categorized with big advances such as the making of new lenses by Galileo, Kepler and Huygens leading to new information about the stars and space, Magellan circumnavigating the earth, Columbus discovering the Americas, Gutenberg’s printing press advancing literature rapidly, and a religious reformation by Martin Luther that changed the church indefinitely (Graham, 2009). The scientific revolution continued far into the 17th century which was categorized with major findings in mathematics with Leibnitz and Newton independently discovering Calculus, Antoni van Leeuwenhoek discovered bacteria, William Harvey published his findings on the circulatory system, Newton’s laws of motion, and continued work on understanding the universe (Wikipedia Selection for schools – 17th century, 2008/9). The 18th centu ry saw the invention of the steam engine which opened up the way for steel production, the discovery of photosynthesis, and the spinning jenny leading to the industrial revolution (Wikipedia Selection for schools – 18th century, 2008/9). More inventions and discoveries epitomized the 19th century which saw m... ...0062 Redlich, A. D. (2007). Double jeopardy in the interrogation room for youths with mental illness. American Psychologist. doi:10.1037/0003-066X62.6.609 Welch, M. (2010). Illusions in truth seeking: the perils of interrogation and torture in the war on terror. Social Justice, 37(2/3), 123-148. Retrieved from http://www.socialjusticejournal.org/fliers/37-2-3flier.html Wikipedia Selection for schools (2008/9). 17th century. Retrieved from http://schools-wikipedia.org/wp/1/17th_century.htm Wikipedia Selection for schools (2008/9). 18th century. Retrieved from http://schools-wikipedia.org/wp/1/18th_century.htm Wikipedia Selection for schools (2008/9). 19th century. Retrieved from http://schools-wikipedia.org/wp/1/19th_century.htm Wikipedia Selection for schools (2008/9). 20th century. Retrieved from http://schools-wikipedia.org/wp/2/20th_century.htm

Thursday, October 24, 2019

Antoni Gaudi – Essay

Antoni Gaudi One of Spain’s most internationally recognized architects, Antonio Gaudi has left his mark throughout Barcelona and Catalonia. His whimsical vision and imaginative designs have brought a bit of magic to this historic region. Gaudi? s culmination of traditional elements with fanciful ornamentation and brilliant technical solutions paved the way for future architects to step outside the box. Born in Reus, Catalonia in 1852, Gaudi was the first in over four generations to leave the family tradition of metal working. As a child, Antonio never excelled in school. He suffered from arthritis, which kept his attendance low, and preferred to spend his time observing plants and animals, as well as studying forms in nature, which would eventually be so prominent in his designs. It was also during his early years studying with the Escolapius Fathers that Gaudi recognized the â€Å"value of the divine history of the salvation of man through Christ incarnate, given to the world by the Virgin Mary. † He later incorporated such beliefs into his greatest work, The Sagrada Familia. Around 1870 Gaudi moved to Barcelona to study architecture at the Provincial School of Architecture. His grades were again less than superior. However, the young student did earn special recognition in the areas of Trial Drawings and Projects, which allowed him to put his outlandish ideas to use. His professor proclaimed that what had been produced in these two courses was either the work of an insane man or a genius. In 1878 Antoni Gaudi was one of only four students to be granted the title of Architect by the school? s director. At a time of cultural and political renaissance in Europe, Gaudi looked to many sources of inspiration for his work. Medieval books, Gothic art, Oriental structures, the Art Nouveau movement, and, of course, the glory of nature, strongly influenced his designs. His deep love of music, as well as his interest in writers such as John Ruskin, who said that â€Å"ornament is the origin of architecture,† also played a roll in the development of Gaudi? s unmistakable style. After graduating, Gaudi found comfort in the flourishing city life of turn-of-the century Barcelona. Numerous doors were opened for him among the bourgeoisie, artists, and intellectuals of the time. The young architect had a reputation for dressing in the latest fashion, and surrounding himself by high society. However, Gaudi never forgot his working-class roots. His first major project as a professional architect was workers? housing in a factory, the Coopertiva Mataronese, which was intended to improve the workers? quality of life. Gaudi presented his design at the Paris World Fair in 1878. It was there that he met Eusebi Guell, the man who would become one of the artist’s closest friends and most loyal patrons. In the following years, with rapidly growing interest in his work, Gaudi took on many important projects. Among them was the house built for the wealthy ceramic manufacturer, Manuel Vicens, as well as â€Å"El Capricho,† a villa for the brother-in-law of the Marquee of Comillas. Soon after, Gaudi began designing a palace for his good friend Guell (Palau Guell), and then later the two collaborated on Park Guell, which was intended to be a garden city. Gaudi, however, is most recognized for his work on â€Å"La Sagrada Familia,† a twentieth century cathedral in Barcelona. Gaudi took over the project in 1884 after a disagreement between a member of the Temple Council and the original project manager, Fracisco de Paula del Villar (Gaudi’s former professor), over materials. Antonio Gaudi was a mere 31 years of age when he officially gained control over the building. The architect devoted the next forty-two years of his life to its construction, until his sudden death at age 74 in 1926.

Wednesday, October 23, 2019

Pain Clinical Observation Paper

Alyssa Martin Fall 2012 Observation Experience Summary: Pain Clinic The mission and scope of the setting is to provide diagnosis and treatment of acute, chronic and cancer pain. Patients present to the pain clinic for relief and treatment for a variety of painful medical ailments which do not typically respond to conventional therapy (â€Å"Pain management center,† 2012). Those in charge at the pain clinic are the two board-certified pain management physicians, Dr. Dwarakanath and Dr.Henkle. There is also a team of nurses, physical therapists, and other professionals specially trained in a variety of techniques to manage pain. There are a number of techniques the pain clinic is able to perform, but there are two procedures that were the most widely used; the first being an Epidural Steroid Injection. This procedure is the number one pain management technique used in the clinic. It is specifically for radiating pain that is in the back/leg area or neck/arm area.The procedure es sentially includes corticosteroids being injected into the epidural space in the spine and decreases the inflammation and swelling in the nerves that are irritated, causing relief. Pre-procedure teaching mainly includes explanation of the sensations patient will feel, which include a small pin stick as local anesthetic is used. In addition, they are instructed to have a light meal before coming in, but if they are requesting to receive IV sedation, they are instructed to not eat at all 6 hours prior to the procedure (â€Å"Pain management center,† 2012).If they are diabetic or on blood thinners, it is important to know so that special considerations need to be made for that patient. The patient is also told that the procedure is performed with little discomfort and only takes about 5 to 10 minutes. After the injection, the patient may feel warmth or numbness in their legs or arms for about an hour due to the anesthetic. Because of this reason, patients are observed while they recover and are then sent home with a friend or family member, since they are advised not to drive due to possible residual weakness for a few hours.Post-procedure teaching includes information regarding the first few days after injection, where it is usual to feel increased back pain or discomfort from the needle being inserted. A second common procedure done is the Facet Joint Injection, which is usually done for non-radiating pain. This technique also reduces the inflammation or swelling of the tissue in the joint space (â€Å"Pain management center,† 2012). Pre-procedure teaching includes a lot of the same things as an ESI; the procedure only takes a few minutes, local anesthetic is given, and the steroid medication is injected.Post-procedure teaching involves letting the patient knows that they should not drive upon discharge and will feel the same increase of pain before relief as seen in ESI. They will be able to return to work and other normal daily activities the ne xt day. Potential complications of these procedures mainly include incorrect placement of the needle by the doctor. Because it is a delicate and difficult task to position the needle in an exact position, sometimes the physician accidently pinches a patient’s nerve and they feel a sudden rush of radiating pain in legs or arms, depending on where the needle is inserted.Additionally, sterile technique is extremely important during these procedures because the needles are entering directly into patients’ spines and joints, so potential infection in these areas could prove to be highly detrimental and dangerous. Overall, the experience in the Pain Clinic was an informative one. It was interesting to see the procedures done first-hand because it was done extremely quickly but is something that needs so much precision and expertise.The physicians made the techniques look easy, but not once did they falter with mandatory legalities such as the â€Å"time-out†, where ev eryone in the procedure room stops and verifies the patient, procedure, etc. that is to be performed. The staff nurses seemed in good spirits and verbalized enjoyment and passion for their roles, and that is what I found most valuable this time around. References Bare, B. , Cheever, K. , Hinkle, J. , & Smeltzer, S. (2010). Textbook of medical surgical nursing . (12th ed. ). Philadelphia, PA: Lippincott Williams &Wilkins. Pain management center. (2012). Retrieved from

Tuesday, October 22, 2019

the bachae essays

the bachae essays The Bacchae In the story, The Bacchae The dramatic conflict is how Pentheus goes against the nature and ways of Dionysus and his followers. Pentheus is an ignorant king who believes that he is the all-powerful and that Dionysus is not a god. Pentheus actually states to his father that Dionysus is no god. When he is confronted by Dionysus(The Stranger) he is ignorant and doubtful of his godliness. He is soon killed because of his ignorance. Throughout the story Pentheus makes the mistake of doubting Dionysus. Pentheus first states his ignorance when he tells his father that Dionysus is no god. Well, we know what happened to that little shoot: sizzled by a thunderbolt along with mother and her lie-she had the nerve to name Zeus the father as her lover. What Gall! What effrontery!(87.245) Pentheus ignorance is self-destruction all the way from the beginning of the play. Another big part of the conflict is when Dionysus (The Stranger) and Pentheus meet for the first time. Pentheus attitude was like he was the most powerful and that The Stranger was nothing. Even When The Stranger told him that Dionysus was a god and born to Zeus Pentheus still seemed ignorant. There is a conversation between them that shows Pentheus thoughts toward Dionysus, Ill shut your carcass up-oh, safe in prison. Dionysus says, And when I wish, the God himself will set me free. Pentheus then replies, Indeed? When you stand among your bacchants, begging.(94.495) Pentheus ignorance and thought of invincibility show another cause of his destruction. Pentheus has such hatred for Dionysus that he is blind to realize that Dionysus is a god. Pentheus soon finds himself believing that all Dionysus stands for is wrong. He even believes that the women with Dionysus are devils. His destruction is now upon hand and the he goes into the ...

Monday, October 21, 2019

Free Essays on Delegation Paper

Delegation Paper The managers in my organization delegate responsibilities as part of their job requirements to ensure that orders are being met and that the quality in those products continues to be within standards for the customer. My operations manager sends vital information on to shift supervisors about our customer order situation so they can plan ahead of time when and what action to take on the manufacturing floor. All of this leads to delegation of orders down the chain of command, for example if we have a short lead-time for a product for a more important customer or higher profiting product, they then relay to their shift leaders what to look ahead for in production. The shift supervisors make sure that we have the correct amount of personnel to cover the orders and that there is adequate tools to perform the task at hand. The shift leads then performs the wishes of the supervisors by relaying pertinent information to those employee who have the specific tasks to make the adjustments in their area, the leads also fill in at weak points in production to maintain a continuous flow in the production lines. Delegation is a skill of which we have to use at one point or another, but which few understand. It can be used either as an excuse for dumping failure onto the shoulders of subordinates, or as a dynamic tool for motivating and training our team to realize their full potential. One important step in becoming more productive is to not have everything done by one person. The shift supervisors cant be everywhere at once so he has the shift leads help in the delegation of work to be performed. Delegation allows them to achieve more through the proper selection, assignment, and coordination of tasks and resources. Delegation gives the supervisors and leads an opportunity to handle aspects of the job that no one else can do. These activities might include project planning and project team involvement, coaching and monitori... Free Essays on Delegation Paper Free Essays on Delegation Paper Delegation Paper The managers in my organization delegate responsibilities as part of their job requirements to ensure that orders are being met and that the quality in those products continues to be within standards for the customer. My operations manager sends vital information on to shift supervisors about our customer order situation so they can plan ahead of time when and what action to take on the manufacturing floor. All of this leads to delegation of orders down the chain of command, for example if we have a short lead-time for a product for a more important customer or higher profiting product, they then relay to their shift leaders what to look ahead for in production. The shift supervisors make sure that we have the correct amount of personnel to cover the orders and that there is adequate tools to perform the task at hand. The shift leads then performs the wishes of the supervisors by relaying pertinent information to those employee who have the specific tasks to make the adjustments in their area, the leads also fill in at weak points in production to maintain a continuous flow in the production lines. Delegation is a skill of which we have to use at one point or another, but which few understand. It can be used either as an excuse for dumping failure onto the shoulders of subordinates, or as a dynamic tool for motivating and training our team to realize their full potential. One important step in becoming more productive is to not have everything done by one person. The shift supervisors cant be everywhere at once so he has the shift leads help in the delegation of work to be performed. Delegation allows them to achieve more through the proper selection, assignment, and coordination of tasks and resources. Delegation gives the supervisors and leads an opportunity to handle aspects of the job that no one else can do. These activities might include project planning and project team involvement, coaching and monitori...

Sunday, October 20, 2019

Beginning A Business Letter with First Person Singular

Beginning A Business Letter with First Person Singular Beginning A Business Letter with First Person Singular Beginning A Business Letter with First Person Singular By Maeve Maddox A reader wonders about beginning a letter with the first person pronoun: I was taught never to begin a letter (business or personal) with the word â€Å"I.†Ã‚  This must certainly have to do with the mostly outdated concept of humility being a virtue.  However, I continue to believe that humility is a virtue and that the root cause of much evil is egocentrism.  This rule does cause me to rewrite the beginning of many letters to comply with this admonition.   Like the reader, I was also taught not to begin a letter with â€Å"I† and often find myself struggling to avoid doing so. I even go back and take out the first person pronoun in the body of a letter if there seem to be too many. Apparently many of us were taught this â€Å"rule,† but as far I can discover, it isn’t and never was a rule. I possess an assortment of grammar books and style guides with various publication dates. The closest thing to a rule that I’ve found is this comment from a text published in 1907: Free use may be made of the personal pronouns [in correspondence], even of the First Person Singular; though it is better not to begin many sentences with â€Å"I.† The best practice is to choose the first word of a business letter according to the purpose of the letter. A sales letter might appropriately begin with you, while a letter of application might benefit from beginning with I. A University of Washington letter-writing guide offers five sample application letters. Each one begins with the first person singular pronoun. The caveat against beginning a business letter with I belongs with those other cherished grammar superstitions like â€Å"never end a sentence with a preposition.† Writers can choose to avoid doing it when possible, but there’s no need to suffer pangs of guilt when we can’t think of an alternative. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Business Writing category, check our popular posts, or choose a related post below:Has vs. HadAwoken or Awakened?5 Tips to Understand Hyphenated Words

Saturday, October 19, 2019

Discussion Questions 1&2 Assignment Example | Topics and Well Written Essays - 500 words

Discussion Questions 1 - Assignment Example Organizational behavior can be used to develop groups or teams in the workplace. Teamwork in the 21st century has become extremely important due to the fact that individualism is no longer a desired trait in the business world. OB can also help managers deal with diversity in the workplace. Diversity can help improve the problem solving abilities of organizations. Managers can use organizational behavior to implement change management techniques in order to adapt the business to the needs of the marketplace. If a manager has problems such as stress in the workplace managers can use organizational behavior in order to solve these types of problems. Managers can also use organizational behavior to implement innovation in the workplace. Power and politics are two topics associated with organizational behavior that managers must use in their dealings with stakeholder groups. For example a manager might negotiate labor agreements with unions or suppliers. The use of expert power can help managers control the behavior of others based on knowledge, experience, and judgment (Schermerhorn & Hunt & Osborn, 2003, p.313). How are organizations similar to living things? Just like the cells in a body make up a living organism the group of people that work in a business make up the organization. Organizations have many similarities with living organisms. The most common organizational setup is the corporation.

Friday, October 18, 2019

World civilization Essay Example | Topics and Well Written Essays - 250 words

World civilization - Essay Example Apart from distance another important factor was strong devotion of Russians towards their Byzantine legacy and Orthodox traditions. Russians developed important parallels with the western society. Russians had strong belief towards their political unification because they were under the rule of single prince and single dynasty during the particular period (Anderson 21). After the death of the prince, the powerful Kievan principality disintegrated into opposing political units. Russia created a structure of rules, which was virtually unknown by the European countries. The differences between Russia and Europe continued for a long period of time from 1250 to 1700. The absolute monarchy prevailed roughly under the rule of Peter the Great during the eighteenth century. The style of ruling empire was completely different from several western countries, such as France or Prussia that left the ruling style diverse. From the above discussion it is clear that the ruling style of Russia was different from western countries due to various factors including large distance between the countries and strong adherence towards their orthodox

Peer reviews and population page Assignment Example | Topics and Well Written Essays - 500 words

Peer reviews and population page - Assignment Example However this is not the same for all ethnic groups. White Hispanics have the lowest numbers while African Americans have highest number. According to Vijan, Hayward and Langa (2004), diabetes is one other factor that seriously affect the productivity of people born between 1931 and 1941. In the USA, an estimated 16–17 million people live with serious diabetes conditions making it hard for them to be economically productive. Apart from these people being unproductive, they also have increased costs for healthcare. These authors argue that for most people who have diabetes related cost, these costs arise from diabetes related disabilities. Nishita, Uehara and Tom (2011) indicate that effective self-management for diabetes patients requires them to directly participate in the care in order for them to avoid disability and to maintain independence and employment. They found that the patient’s perception and knowledge of the impacts of diabetes can affect the way the patients are able to manage the disease to prevent disability related to diabetes. Younger people when diagnosed with diabetes are more likely to feel that they will be affected more by the condition, especially with regard to their employment and their ability to take care of themselves. Hawaiian young residents were more likely to be concerned with these facts when diagnosed with diabetes. Today, over 16 million Americans live with diabetes. Of these, a majority of them end up becoming diabetes due to diabetes related issues. The number of USS citizens with diabetes is growing at a very fast rate. Between 2007 and 2012 alone, the number of people with diabetes in the United States increased by about 41 %. This increment is a very alarming rate. most Americans do not have enough knowledge about the disease and that in most cases, if diagnosed with the disease, do not know how to take care of themselves to avoid the deterioration of the

Report for MAERSK Essay Example | Topics and Well Written Essays - 1500 words

Report for MAERSK - Essay Example Understanding of these basic economic principles is to play a pivotal role in the defining future customer oriented successful strategy. In a similar context, the underlying report will shed light on the basic demand and supply and related factors for the shipping industry. The report will also make recommendations with respect to the pricing strategies of Maersk. Despite this growth of the world trade, the shipping industry remained under pressure due to oversupply. According to the DSF (2013) report, year of 2012 continues to expand crises in the shipping. The fleet has grown by 45% since 2008 while the demand growth has remained only at the 15%. The similar condition has left the industry with the oversupply of vessels, yard capacity, and container and consequently has taken down the earnings. Despite this oversupply, the industry is continuing the order books. This is also putting downside pressure on the asset value of a vessel in the long term, further, are expected to the increase the value of scrap on the industry (DSF, 2013). The world trade had considerably positive outlook of 19% growth for the year 2011 to 2014. The growth in world trade has a positive impact on the demand of the shipping industry. Therefore, increase in demand have balancing impact on the imbalance between the demand and supply of the shipping industry. Therefore, graphically it will be reflected as follows: Hence, current prices of the shipping industry which are under pressure (P0) due to limited demand will gain certain support (to P1) as the demand revives from D0 to D1. Important to note that increase in world trade of 19% has resulted in increase in demand that has shifted the curve from D0 to D1: As noted above, the supply is also constantly increasing as the constant growth in contracting shipping industry supply development. It is noted the increase in supply is has been at a higher percentage as compared to

Thursday, October 17, 2019

Operating system assignment Example | Topics and Well Written Essays - 1500 words - 1

Operating system - Assignment Example is a procedure that a computer’s Central Processing Unit (CPU) follows to change from one task/process to another while ensuring that the tasks do not conflict. For a computer to provide user-friendly multi-tasking, it needs an effective context switching. In a computer’s CPU, the term context is used to refer to the particular program counter and registers at a specific moment in time. A CPU’s current instruction is held by a register. The program counter Is also referred to as an instruction address register. It is a small amount of quick memory that is used to hold the address of the instruction to be executed immediately after the current one. It is possible to perform a context switch entirely in physical media, which is by use of hardware. This is especially so in older CPUs, for example the x86 series. In the modern world, the CPUs perform context switches by means of programming/software. The modern CPUs are very fast and they are able to perform numerous context switches within seconds. This gives the user an impression of the performance of multiple tasks by the computer. Deadlock prevention is the process of averting deadlocks by restraining how demands for resources can be made in the system and how they are handled, that is system design. Its main objective is to ascertain that at any moment one of the significant conditions for deadlock can certainly not hold. Deadlock avoidance, on the other hand, is where the system vigorously contemplates every request and decides whether it is safe to grant it at that point. The system requires additional apriori information regarding the overall potential use of each resource for each process. Deadlock avoidance allows more concurrence than deadlock prevention. The benefit of a multithreaded programming that is presented by multicore systems is that programmers are able to complete more total operations than with one core alone. This is the concept of multitasking. Instructions in a series are also able

Course-work assignment 2, Lent term, 2015 Essay

Course-work assignment 2, Lent term, 2015 - Essay Example This question may be explicit or remain hidden. Luc Besson is known due to his action movies and blockbusters, there are hidden layers that involve social questions, depth of feelings and life choices to be resolved. He has his unique individual style to depict the way the events of life create the presuppositions for formation of people’s features of character, shaped by the challenges and experiences they face. This paper appoints as its goal an attempt to interpret the phrase â€Å"I am guided by a single preoccupation: that modern society creates a familial crisis, and an emotional lack for young people† by Luc Besson through the films he created, particularly â€Å"Nikita†, â€Å"Leon† and â€Å"Fifth Element (as a supportive source). Reviewing films of Luc Besson, it is important to view shortly his biographical background as it evident that the way childhood and maturation passed determines the formation of personality and the products he or she creates. The child of two scuba educators in Paris, Luc was born on March 18, 1959, and spent a large portion of his childhood taking after his parents on the club Med circuit in the middle of Greece and Yugoslavia. Luc was an avid diver like his parents. At ten years old, â€Å"he swam with a wild dolphin while his parents were diving† ("Luc Besson full biography," 2010). The experience influenced him so that he chose to commit his life to watching and comprehension the ocean creatures by turning into a sea life researcher. Bessons fantasies of turning into a sea life researcher were dashed at 17 years old after a mishap that rendered him not able to dive. Taking after his recovery, he went to Paris to complete school. While adapting to city life, Besson found T V and the filming ("Luc Besson full biography," 2010). They soon substituted his enthusiasm for the ocean, and he chose to seek after a filmmaking profession; in the wake of dropping out of school, he started

Wednesday, October 16, 2019

Operating system assignment Example | Topics and Well Written Essays - 1500 words - 1

Operating system - Assignment Example is a procedure that a computer’s Central Processing Unit (CPU) follows to change from one task/process to another while ensuring that the tasks do not conflict. For a computer to provide user-friendly multi-tasking, it needs an effective context switching. In a computer’s CPU, the term context is used to refer to the particular program counter and registers at a specific moment in time. A CPU’s current instruction is held by a register. The program counter Is also referred to as an instruction address register. It is a small amount of quick memory that is used to hold the address of the instruction to be executed immediately after the current one. It is possible to perform a context switch entirely in physical media, which is by use of hardware. This is especially so in older CPUs, for example the x86 series. In the modern world, the CPUs perform context switches by means of programming/software. The modern CPUs are very fast and they are able to perform numerous context switches within seconds. This gives the user an impression of the performance of multiple tasks by the computer. Deadlock prevention is the process of averting deadlocks by restraining how demands for resources can be made in the system and how they are handled, that is system design. Its main objective is to ascertain that at any moment one of the significant conditions for deadlock can certainly not hold. Deadlock avoidance, on the other hand, is where the system vigorously contemplates every request and decides whether it is safe to grant it at that point. The system requires additional apriori information regarding the overall potential use of each resource for each process. Deadlock avoidance allows more concurrence than deadlock prevention. The benefit of a multithreaded programming that is presented by multicore systems is that programmers are able to complete more total operations than with one core alone. This is the concept of multitasking. Instructions in a series are also able

Tuesday, October 15, 2019

Health and Wellness for Children Essay Example for Free

Health and Wellness for Children Essay The Centers for Disease Control and Prevention (CDC) states that the financial cost of childhood obesity tips the scale at 3 billion dollars annually. Children of all ages need to engage in at least 60 minutes of physical activity on a daily basis and become informed about proper nutrition benefits with the support of their parents. Physical education, provided from school, is an ideal way to encourage activity and develop fitness among children and, for many children, will be their only preparation for an active lifestyle. For this reason, the CDC, the National Association for Sport and Physical Education (NASPE), and the American Heart Association all recommend comprehensive daily physical education for children K-12. Obesity itself is a problem, but it also contributes to many other health issues. The obese children of this country are now at risk for many other diseases such as diabetes, hypertension, high cholesterol, cardiovascular problems, and may become obese adults if the problem is not managed. According to the Surgeon General Report (2010) over weight adolescents have a 70% chance of becoming overweight or obese adults; which then puts them at risk for a number of health problems including heart disease, type 2 diabetes, high blood pressure, and some forms of cancer. The Surgeon General Report (2010) also states that children perceived as overweight suffer from social discrimination, meaning they have poor self-esteem and depression. A solution to keep children from becoming overweight, obese, or to reduce obesity is to generate a before or after school exercise program including nutrition information. Parents need to become involved as well. Children should be assigned 60 minutes of physical activity and a nutrition information sheet for homework every day. A binder must be developed so the parents and children can log their activity and keep track of their nutrition information. To help keep the children and parents interested and knowledgeable about exercise and nutrition the schools can hold a before or after school sessions for parents and children to attend if the they would feel more comfortable being instructed versus on their own. Families can either plan at home activities to meet the  requirements, or attend the school’s program where they will have a safe environment to exercise. The CDC (2010) recommends giving a child a safe environment in which they can play actively and be encouraged to swim, bike, skate, and play sports. Physical activity before or after school should provide opportunities for all students, including those with disabilities, to practice what theyve learned in physical education, work towards the nationally recommended 60+ minutes of daily moderate-vigorous physical activity, and prepare the brain for learning. Additional benefits include social interaction and engagement of students in safe, supervised activities. The Department of Health and Human Services (2008) recommend that children’s activity time include moderate to vigorous aerobic activity, muscle strengthening, and bone-strengthening exercises, and that young people should be encouraged to participate in age-appropriate, enjoyable, and diverse activities. There are many examples of physical activity, including not only team sports but also walking, biking, swimming, hiking, dancing, gardening, and many other group or individual activities. Recreational activities enjoyable to youth help ensure that they continue to engage in those activities. Outdoor activities can be enjoyed in a variety of locations and are often less expensive, more accessible, and can foster life-long activity. To accommodate all children’s needs and desires for physical activity the school can link their activities with the other local programs at various locations such as the YMCA, girls/boys scouts, boys and girls clubs, etc†¦ The children will gain a self-motivation to become a healthy life-long active individual. This program can reduce the rates of overweight and obese children around the world. Much of the world has become sedentary due to new technologies and the busyness of the world. The program will help children learn the importance of physical activity and help them feel and act more energetic. They will start to learn and implement a healthy lifestyle that they will be able to carry on to adulthood. The persons who implement and agree upon this program will help to keep children safe and will benefit from assisting them to improve their lifestyles and help prevent and reduce obesity. The program will be successful because it will allow the overweight and obese children to be more active which can help aide in weight loss. By teaching them these behaviors all through their school age they will learn the behaviors and hopefully prevent obesity as an adult and all the other associated health problems. The Surgeon General Report (2010) says that it is recommended for Americans to accumulate at least 60 minutes of moderate physical activity most days of the week for children, and even greater amounts may be necessary for the prevention of weight gain, for weight loss, or sustaining weight loss. Many schools do not have the funds to support a physical education program. There are numerous grants that provide funds to schools in need of these programs. Many of the organizations are non-profit groups while others are run by the state or federal government. Some of the grants are: Carol M. White Physical Education Program, PTA Healthy Lifestyles, Funds for Fuel Up to Play 60, and ING Run For Something Better School Awards Program. Aside from grants schools can also advertise for professional volunteers to help assist with exercise and nutrition classes held before or after school to educate the children and parents. As childhood obesity rates climb, attention is being directed towards school lunches as a possible solution to the problem. Even if children are provided vegetables and fruits, many children won’t eat them unless they’ve been over-steamed, which drains nutrients, and many fruits are in sugary syrups. The healthy options given at lunch time can’t simply be forced onto the children’s plates because it will just end up in the garbage. But that’s where the nutrition education portion comes in. Teaching children about the dangers of being overweight and being afflicted with childhood obesity, and letting them come to terms with it if they are, is an essential step in the right direction. Changing the school lunches and the vending machines to healthier foods will help in reducing obesity, but these overweight and obese children need more than just a healthy option for lunch and a snack. They need lifestyle changes that carry on to adulthood which includes education on how to choose the right foods for breakfast, lunch, snack, and dinner as well as participating in physical activity on a daily basis. Children should have several opportunities to be active throughout the week and year round. Activity should be a normal part of a child’s day, from walking or biking to and from school, where appropriate, to participating in a physical education class, to engaging in active games during recess, after school, or in the summer at home, in a park, or on a playground. All children benefit and gain enjoyment from physical activity, regardless of ability or disability status, gender, or athletic inclinations and talents. The benefits of physical activity extend beyond childhood too young people who grow up physically active more likely to be active adults. Likewise, young people who feel supported by friends and families or are surrounded by others interested in physical activity are more likely to participate in both structured and non-structured activities. These social areas are powerful in determining children’s actions.

Monday, October 14, 2019

Leonardo Davinci The Greatest Genius History Essay

Leonardo Davinci The Greatest Genius History Essay Leonardo da Vinci was born on April 15, 1452 in Anchiano, near Vinci in the Republic of Florence, which is now Italy. He died on May 2, 1519 in Cloux (now Clos-Luce) France. Leonardo da Vinci is believed to be the greatest genius that ever lived. Leonardo had become a master in more fields of any other before or since him. Most geniuses such as Albert Einstein or Alfred Hitchcock were masters only in a single field. It was not the case with Leonardo. He believed that all subject matter was interconnected in one way or another. Leonardo expressed a great deal of his other works in his works of art. He was an Italian painter, draftsman, sculpture, architect, engineer, mathematician, musician, scientist, a writer, and a well-known inventor. Da Vinci, the Artist Leonardo started his career as an artist in about 1469 in Verrocchios fabled workshop. Leonardo, a youth at the time was Verrocchios assistant. One of their famous masterpieces was the Baptism of Christ. This painting was started in 1472 and took roughly 3 years to complete. It is currently being housed at the Uffizi Gallery in Florence, Italy. A great deal of the detail of this painting was believed to be done by Leonardo himself. X-rays of the painting and comparing them to the original sketches shows that Leonardo had done the painting entirely different that the way Verrocchio had intended it to be in finished form. This may be the earliest indication that Leonardo was trying to free himself from his masters coaching to follow his own path. Verrocchio had felt threatened by the fact that da Vincis angel in the painting had seemed to be a great deal better than the other three which were painted by Verrocchio (John the Baptist) and other students) After this Verrocchio had lost in terest in painting and concentrated on his other talents such as sculpture and metal working. Suffice to say, this was Verrocchios last well-known painting and the start of Leonardos career as a famous artist. Another of his more famous works, the Mona Lisa, has brought forth much controversy over the years since its completion in 1506. It was painted in Florence, Italy on wood with oil paints and now currently resides at the Musee du Louvre, Paris. Some of this controversy includes such questioning as follows: Why is she smiling (was she secretly pregnant at the time of the painting), is this really a woman or a cleverly disguised self-portrait of Leonardo himself? If Mona Lisa was actually a self portrait of Leonardo, then the smile couldnt have been of a secret pregnancy, but most-likely of a secret that the painting is actually based on the artist. The Last Supper is another one of Leonardos great works of art. It is a mural that measures 30 feet by 14 feet. This great size mad it a great challenge for the very talented Leonardo. The work was started in 1495 and after 3 years of many sketches and preparatory drawings, the work was finally completed in 1498. This painting was done at the church of Santa Maria delle Grazie on the north refectory. This job focused on a scene at the moment of the announcement Judas betrayal. Instead of seating them in a traditional seating arrangement for that time, he seated them so that one could see each of the apostles faces and facial expressions as they hear the announcement of the betrayal of Jesus. This job couldnt have come at a more perfect time for Leonardo, for he was in his time of depression. This job not only brought him out of his depression, but it also won back the Duke Lodovicos patronage and through this he acquired a vineyard and a piece of property of 16 rods located near San Vittore. Other paintings by Leonardo include St. John in the Wilderness, Benois Madonna, Sala delle Asse, St. Jermome, Adoration of the Magi, and many others. Da Vinci and his sculptures Leonardo not only had a talent for art, which he seems the most famous for, but also he had a flare for sculpture. Some of his more well-known sculptures are the Horse in Bronze and the Il Cavallo. The Bronze horse was started in 1482 when the Duke of Milan had commissioned Leonardo to build the worlds biggest horse in honor of his father to guard over the Dukes castle. It stood 24 feet high upon its completion. The sculpture started out as a full size cay model and was eventually later cast in Bronze, thus the name the Bronze Horse. Leonardos other well known sculpture, Il Cavallo, was another horse sculpture that he would not see completed. This only exists in the form of the multitude of drawings that were left behind by da Vinci. Also left behind were two issues da Vinci had with his sculpture. The first was the fact that he needed to fill the space where the horses belly was to be and the second issue was settling on the position of the rider. Unfortunately for Leonardo, this wa s one sculpture he could not complete. Da Vinci, the Inventor Leonardo had many great inventions for his time period and a great deal of them was ahead of their time. These inventions can be put into a number of categories according to the invention and the intended purpose of the invention. The first category would be flight. This category includes the parachute, the helicopter, and the glider. The second category is forgeries. In this category would be the Turin Shroud. The reason for this as being in the forgery category is the fact that people question whether it is authentic or it was one of da Vincis illusions of making it look authentic by using his many artistic talents. The third category of his inventions is maps. Leonardo had made great improvements in the area of map making in his time period. The fifth category is the military. This category includes the plans he had drawn up for an automobile (re-invention), the invention of a three-tiered machine gun, a scaling ladder (improvement), and a military tank. Even his paintings, which are the sixth category, can be considered as inventions for Leonardo in the fact that he had made improvements in the art and also in his creative techniques. The seventh category for inventions for da Vinci is statues in the fact that, just as in paintings he had made improvements and used different techniques and also invention. The last but not least category in the inventions for da Vinci is a category that I would have never even thought or known about is robots. Leonardo was experimenting with this concept in 1495. The robot is a knight in appearance and is wearing the traditional armor for the time which was Italian-German. It had realistic features as well. For instance if one were to look into the mouth of the robot one would find it looked as a real humans mouth would. Leonardo had done this to prove to himself how easily a human beings body could be imitated. This to me in itself shows pure genius. I could go basically on and on forever about the great deal of accomplishments of the great Leonardo da Vinci. He had made great improvements to the art world, helped science a great deal, made inventions and plans for inventions that would be a great help to society. He was also a great mathematician, musician and writer as well. I believe that for one to be considered the greatest genius to ever live they need to have a vast knowledge of a multitude of different subjects. Leonardo da Vinci is the only person thus far has come to mind as that such person who greatly qualifies for such an honor.

Sunday, October 13, 2019

History of Rock and Roll Essay example -- essays research papers fc

A History Paper-Rock ‘n’ Roll Many people and many styles of music influenced Rock and Roll. The styles included Blues, Jazz, Gospel, Bluegrass, Boogie-Woogie, and Rockabilly. Each was a major factor into the introduction of a new style of music called Rock ‘N’ Roll. Popular music places a premium on accessibility, represents various meanings to boost both instant appeal and memorability - distinctive tunes, novel instrumental flourishes, danceable rhythms, repeated riffs - but its signal feature is melodic emphasis and great vocal gatherings. Popular music at the turn of the century came largely from musical theater - Broadway and Hollywood. Originally, popularized by traveling groups and sheet music sales, popular music really came into its own with the arrival of radio broadcasting, jukeboxes, 78 r.p.m recordings and other twentieth century technologies which continued into the Fifties. Hits from the first half of the 20th century were supplied by Tin Pin Alley that celebrated the boom years and Roaring Twenties and provided an escape from the Depression and two World Wars. Cole Porter, Hoagy Carmichael, Irving Berlin, George Gershwin, Rodgers and Hart, Jerome Kern left their imprint during "the Jazz Age." However, there were the long-forgotten hacks cashing in on the latest fads spewing out sentimental weepers and cute novelty numbers aimed at the bland tastes of American mainstream. Jazz and â€Å"boogie-woogie† of the Thirties moved popular music away from the light entertainment of the publishing houses toward a more exciting and dance oriented style that made the swing era a golden age. As the bigger bands died out and the star singers again grabbed the spot light the songwriters again found their services in demand. Without jazz driving it and Americans rebuilding their lives and starting baby booms people were too busy to waste time dancing. Popular music turned back to light sentimental songs and cute novelty music song by polished voices and backed by sweetly generic instrumentals. The Fifties were a good time to be a white middle class American These years brought an UN-thought of prosperity and confidence to Americans who barely remembered the Great Depression. Popular music of the early fifties mirrored the life of mainstream America: bland predictable and reassuring. Which didn't seem bad after the depre... ... England the rock capital of the world. The British Invasion of 1964 brought America's music - reinvented and revitalized - home, a new generation of rock fans was born. Rock now entered what is now known as its Classic Era. In conclusion this report has helped us understand the significance of Music in America. Also, the impact it has on music we listen too. Music is very much like a big chain reaction. Rock ‘N’ Roll, much like music today, stood out and was in a way rebellious. Parents now hate Rap and we love it. People in the 70’s loved Rock ‘N’ Roll and parents hated it. This shows that maybe no matter how much older people deny it, the time gap and generation gap is not too far apart. Without Rock ‘N’ Roll the World would without a doubt be changed. Any guess to that of which way would be a good one. Works Cited 1 Gass, Bryan "A History of Rock Music: The Rock and Roll Era" World Book. Ed. 6. 1994. 2 Jervey, A. J. " Rock Music Developments" World Book. Ed. 6. 1994. 3 Briss, Jake "A Rock’n Time† Compton’s. Ed. 13. 1987. 4 Mack, Stacey "ROCKED AND ROLLIN" TIME to Rock round the Clock Nash Publishing, 1994.

Saturday, October 12, 2019

Adpatogens and the PrimeQuest Program :: Science Botany Scientific Essays

Adpatogens and the PrimeQuest Program Adaptogens are naturally occurring substances found in rare plants and herbs. Adaptogens were discovered by Israel I. Brekhman, M.D., a renowned Russian research pharmacologist and physiologist. Brekhman coined the term "adaptogen" as a plant type with certain characteristics: (1) it is absolutely safe and non-toxic, (2) it increases the body's nonspecific resistance to internal and external stimuli, and (3) it brings any disfunctioning body system back into balance (http://www.best.com/-mcintyre/primequest/product/adapt.shtml). Adaptogens began being used by Russian cosmonauts and elite Russian athletes in the early 1970s when the Soviet Union stepped out into the international arena as a dominant force. The breakthrough by Brekhman was kept secret from the rest of the world until a former Soviet Olympic coach, Dr. Ben Tabachnik, began introducing the Russian adaptogen formula when he emigrated to the United States in 1990. The unique formula of adaptogens discovered by Brekhman is now marketed under the PrimeQuest High Performance Program. Scientific evidence has shown that this unique combination of adaptogens can successfully combat the negative effects of stress, improve health and well-being, and enhance athletic performance (Avery, 1995). The PrimeQuest High Performance Program is comprised of two products that work in synergy: Prime 1 and Prime Plus. Prime 1 is a liquid herbal food supplement that contains a number of adaptogenic ingredients: Siberian ginseng (Eleutherococcus senticosus), Maral root (Rhaponticum carthamoides), Ural licorice root (Glycyrrhiza uralensis), Golden root (Rhodiola rosea), Chinese magnolia vine (Schizandra chinensis), Cinnamon rose (Rosa majalis), and Manchurian thorn tree (Aralia mandshurica). These adaptogens provide the body with elements necessary to protect, balance and normalize its systems. Prime Plus is a food supplement in capsule form that contains Maral root (Rhaponticum carthamoides), Tribulus terrestis, and adaptogenic golden molasses. It is designed to aid the body in developing strength and tone through the enhancement of exercise. It stimulates the biosynthesis of proteins and nucleic acids and enhances metabolism. It helps to protect the body against muscle breakdown, promo ting faster recovery (http://www.best.com/-mcintyre/primequest/pqform.shtml). These compounds, working together, are touted by Dr. Brekhman for accomplishing a number of physiological changes in humans and animals: increase protein biosynthesis, raise antibody titre at immunization, elevate the body's enzyme synthesis by means of endocrine stimulation, enhance mental work capacity, uplift physical work capacity along with endurance and performance, alleviate free radicals to prevent oxidizing pathology, improve eyesight, color perception, hearing, and vestibular functions, benefit cardiovascular and respiratory functions, promote longevity, and increase the body's nonspecific resistance to various stressors (http://www.

Friday, October 11, 2019

Hardware Justification Essay

This is the system that the computer runs on and it is required of me to run MS Access 2003. Even though the latest operating system available is Windows Vista, I would recommend using Windows XP Professional because it is much more cost effective and does exactly what is required by MS Access 2003, allowing it to run as it should and as is required. My business plans on getting this system at as low costs as possible and by getting XP instead of Vista, it will reduce the costs. It costs; i 428. 99 including VAT and shipping from Dell: http://configure. euro. dell. com/dellstore/config. aspx? oc=d045001&c=uk&l=en&s=dhs&cs=ukdhs1&kc=segtopic~winxp_inspndt RAM (Random access memory) RAM helps the database to work at an acceptable speed and I recommend 64MB of RAM as the system will need plenty of memory for storing its data, if a Windows XP operating system is used, as my end user also needs the database to work fast for the business to function efficiently. Hard Drive The only use for the computer is to run MS Access 2003 and other Microsoft applications such as word processing as well as internet explorer/email, so there is no need to buy a hard drive with an excessive amount of storage which won’t be used, this would increase the price of the computer. The hard drive which comes with the Dell computer contains 160GB which will be plenty for the company to store all of there important files. Monitor. The monitor included in the sale of the Dell computer is a 17†³ flat screen monitor, this will be the perfect size for the staff at the company because they will have no problems reading off from it, the monitor displays information in colour also making it easily viewed and allowing people to appreciate the format and style of the new system. Keyboard and Mouse The keyboard and mouse included in the price of the Dell computer will be perfectly fine for the company to use as they are Dell’s own brand; the mouse is responsive and has a laser movement feature as opposed to a roller ball which is less responsive. The keyboard will also function effectively for the company as needed. Software The software I require is Microsoft Access, although there are many versions of this from the different years. The very latest version of the software is 2007 but I think it would be more effective for the company to purchase the 2003 version as this is the version it will be created on. Also purchasing a earlier version will be more cost effective for the company, Access is included in the Microsoft Office Professional Software alongside word, publisher, excel etc. Processor The processor used by the Dell PC is; Intel(r) Celeron(r) 420 Processor (1. 6GHz,800MHz,512k cache) which again will be plenty for the company to run the programs which they need as these programs do not take up so much space to store and run meaning that a faster processor wouldn’t affect their operating speed too much.

Thursday, October 10, 2019

A Case Study of Hong Kong’s Financial Crisis

The Asian Financial Crisis was a result of massive speculative attacks in the foreign exchange market on local currencies, specifically on East Asian currencies. The problem started with the devaluation of the Thai baht in 1997 which then spread to speculative attacks on other Asian currencies. This resulted in economic crises in Malaysia, Indonesia, Philippines, Korea, Singapore, China, and Hong Kong. (Kawai, 1998)The reasons for the spread of economic decline in the countries were easily traced and the resulting effects were similar although varying in the degree of intensity. A clear difference between Hong Kong and the other Asian countries affected by the 1997-1998 economic crisis, however, was in the way that Hong Kong handled the threat to its economy.Compared to the other Asian countries, Hong Kong was able to maintain its peg when the financial crisis first broke out. This was, however, maintained at a great cost. Monetary authorities of the country spent approximately US$ 1 billion in order to defend the currency. Although other countries also undertook mass efforts to defend their currencies, Hong Kong was the only one to be able to maintain its peg. This, however, was only short-term.The economic attack continued and Hong Kong found itself needing to increase its inflation rates. Other countries such as the Philippines resorted to this strategy as well in order. What made Hong Kong different in its strategy, however, was the government’s role reversal from being a passive regulator to an active market participant.The government ended up using approximately US$15 billion in buying shares, blue-chip shares, in various companies. This active intervention insured the relative stability of the Hong Kong market as compared to the other Asian markets during that time.2) Hedge funds, by their very nature, utilize opportunistic trading strategies on a leveraged basis. For a market with a limited liquidity, such as that of Hong Kong’s, a small g amble on the part of a large hedge fund could result in a large transaction that could have large-scale effects on the said market.For Hong Kong’s economy, there have been numerous instances wherein hedge funds have tried to exploit the local market. This is not to say, however, that Hong Kong has not put up a valiant effort to protect and maintain the stability of its vulnerable market – owing to its small size and low liquidity status.According to Kara Tan Bhala (1998), the mechanism employed by hedge funds to try and make money out of Hong Kong involves two steps. Initially, Hong Kong equities and stock-index futures are sold short by speculators.Next, the speculators resort to short-selling the Hong Kong dollar. Short-selling the dollar will force the Hong Kong Monetary Association to try to maintain the peg of the Hong Kong dollar to the US dollar. This would mean resorting to an increase in interest rates and to buying the local currency.Share prices on the stock market thus decrease in value. In these instances, it is clear that all that hedge funds aim to do are to gain profit for themselves rather than to contribute to the greater scheme of advancing Hong Kong’s economy. They gain profit first from the short selling of the equities and stock-index futures.They gain the difference from the higher priced short-selling of the instruments and the resulting lower cover prices. Hedge funds gain profit secondly from a probable depreciation in the Hong Kong dollar. Again, the difference between the short and cover prices. (Bhala, 1998)Although not all hedge funds are to be frowned upon, as the presence of hedge funds is not an absolute evil on the market, these instances serve as a warning to the fact that there are markets that can be put under great threat as a result of the presence of hedge funds.ReferencesKawai, M. (1998). The East Asian currency crisis: causes and lessons. Contemporary Economy Policy, 16, 157-172Bhala, K. T. (1998). In Praise of Intervention. Far Eastern Economic Review, 9