Saturday, August 31, 2019

Competitive Strategies Essay

Coca-Cola (Coke) and Pepsi-Cola (Pepsi) are two major cola companies competing for the number one spot in a substantial global cola market, and is known for the most notable ongoing battles between two major cola companies to date. Fortunately, for both companies, the cola beverage industry stretches to nearly every corner of the world. However, with such a vast market and immense revenue capabilities it is no wonder that the Coke versus Pepsi competition is still so intense (Coke vs. Pepsi, 2012). In the paragraphs to follow this paper will determine how Coke and Pepsi’s corporate cultures are different from each other, review three ways the Coke and Pepsi culture have benefited each other when competing, and consider how Pepsi and Coke could continue to thrive if its current corporate culture would have to change in the future. Coca-Cola has a passion for success. Leaders strive to build a better future, and have the reliability to be real, and accountable. In addition, leaders continue to seek, imagine, create, delight, and do what they do well by using principles that transform a desire into an accomplishment. There is no single formula needed to succeed, and Coke allows employees to explore his or her creative abilities, the freedom to research new ideas, and to have a setting which allows anyone to make his or her passion come to life (The Coca-Cola Company, 2009). Pepsi, on the other hand, likes to perform with a purpose, burn new trails, never settle to be second best, be bigger, better, and successful together. Pepsi is committed to giving consumers the taste he or she craves, and meet nutritional needs. By dreaming globally and acting locally Pepsi is consistently seeking to innovate and sustain the people, the planet, the communities and business they serve. Fortunately, new markets make way for new ventures, new ways to focus on health issues, cultural, and ecological encounters. Every day is a journey, and a chance to grow personally and professionally (PepsiCo, 2012). Although there are countless similarities between Pepsi and Coke the history behind these two rivals are far from being the same. For instance, in 1885, a pharmacist named John Stith Pemberton created Coke as a tonic. At the time, the key element being cocaine (thus the name â€Å"coke†) targeted the fact that it could essentially fight depression. However, because of the nature of the drug, users were becoming addicted to the drink. In 1904, Cocaine was eradicated in the United States by the Food and Drug Administration (FDA), which meant that this key ingredient would have to change. Still, Coke retained its name and continues to promote its beverage through aggressive advertising (Smith, 2012). Even though it came along fourteen years later (1898), pharmacist Caleb Bradham, intends for Pepsi to be Coke’s main competitor. Like Coke, Pepsi also placed heavy emphasis on advertising, and continues to challenge its rival through advertising. Pepsi likes to use celebrities, presenting itself as a drink for sports fans, in addition to promoting an image of originality. Whereas Coke represents fun times only, Pepsi represents fun times, athletics, and custom made ideas (Smith, 2012). Regardless of what many may think, both cola drinks are similar in color, use the same amount of carbon dioxide, and even the taste is quite similar. However, both companies used different natural extracts from the coca nut in the past, now each rely on artificial flavors and man-made components (notably, Pendergrast 87). Nevertheless, both Pepsi and Coke are intended to serve as recreational drinks notably identified with some sort of entertainment, parties, fun, and yes, sex, but the biggest difference between these two colas is history, and efforts, which have defined each of these brands (Smith, 2012). Marketing and advertising are a vital part of the war between Pepsi and Coke. Both companies are smart enough to know that regardless of which beverage consumers choose to purchase may not always be based on taste preference. Although there are those who really do favor the taste of either cola, one has to wonder how the consumer’s emotional attachment comes in to play when making a choice. Both Pepsi and Coke spend a fair amount of money to sponsor music events, sporting events, TV shows, in addition to other high profile happenings. Each company realizes that this can play a huge role in product selection with members of these audiences. However, it is no accident that Pepsi and Coke sponsor highly emotional events such as the Super Bowl or American Idol because it creates an emotional connection to the product (Coke vs. Pepsi, 2012). To date, Pepsi and Coke have had a long sordid history of abundant marketing which, in the end, has produced loyal customers as well as brand equity all over the world. This in and of itself makes it nearly impossible for any new cola beverage to come close to this scale in the market place. Not to mention retailers receive a margin of 15 to 20 percent on the shelf space offered for these particular soft drinks, and since this will impact the bottom line competitors have a tough time convincing retailers to carry a new line of products. For new products to enter the market now could also lead to price wars which can affect the success or failure of a new comer to the soft drink industry (Vulpala, 2007). Nevertheless, Pepsi and Coke have benefited greatly from this ongoing competition. Although Coke has been around longer, and is the original cola soft drink, Pepsi has been able to build its business by imitating its formula. Imitation can be critical when it comes to creating a constant competitive advantage. However, if alternate resources provide a similar product at no additional cost, then substituting through duplicating leads to driven equality in the long run (Barney, 1995). Even so, Pepsi and Coke face unique challenges in addition to new opportunities with globalization, and it has not put a damper on the intense rivalry between the two. Although Coke did dominate the international market share in 1999, because Pepsi made its entrance into the market much later and Coke already had distribution and bottling networks set up in developed markets (Vulpala, 2007). Still, Pepsi has aggressively sought competition in economies where Coke is not as dominant, and due to lack of consolidation, international fountain and retail sales are somewhat weaker than that of the US markets. This, by the way, gives Pepsi, and Coke better pricing power, as well as influence over other similar products. Unfortunately, carbonated beverage consumption is much lower in international markets compared to US markets. However, since there are cultural differences in international markets, alternatives are available, but Pepsi and Coke will have to spend more on advertising dollars to convince consumers in these markets to embrace carbonated beverages (Vulpala, 2007). Regardless, Pepsi and Coke are able sustain profits because of the structure within the industry has been kept intact for several decades. Fortunately, there are no new threats on the horizon from new competition, and apparently no major changes are showing up on radar. Changes in technology will not play a major role for either company, and since both have been around long enough to gather brand parity, it can sustain and diversify their businesses for a very long time. However, globalization has opened up numerous opportunities for Pepsi and Coke, and although consumption is not as big in international markets as it is in US markets, there are still endless opportunities for growth (Vulpala, 2007). References Barney, J. B. (1995). Looking inside for Competitive Advantage. Academy of Management Executive, 9(4). Coke vs. Pepsi. (2012). Coke vs. Pepsi: Who Gets Your Vote? Retrieved from http://cokevspepsi. net/ PepsiCo. (2012). Performance with a Purpose. Why Work at PepsiCo? Retrieved from http://www. pepsico. com/Careers/Why-Work-at-PepsiCo/Culture. html The Coca-Cola Company. (2009). Our People, Culture, Vision and Values. Retrieved from http://www. europeancareers. coca-cola. com/en/home/our-company/our-people-culture-vision-values/ Smith, N. (2012). Coke versus Pepsi: Differences in Cultural History Rather than Taste. Retrieved from http://www. articlemyriad. com/coke-pepsi-differences-cultural-history-taste/ Vulpala, L. G. (2007). Cola Wars: Five Forces Analysis. Goutham’s Thoughts. Retrieved from http://goutham. wordpress. com/2007/10/18/cola-wars-five-forces-analysis/

Friday, August 30, 2019

Immaculate Perception

The stance of immaculate perception is a false one. Immaculate perception describes a pure and untainted perception, one that has no bias. Bias is acquired with experiences and teachings, both of which create expectancy, which taints perception with bias. One may argue that a newborn baby has immaculate perception, a clean slate with no expectations or sense conditioning. However, this point cannot be proved because where is the division between the experiences of the mother and the baby, or is there even a division between the two? Does the baby's formation count as an experience? With no clear answers to these questions how can immaculate perception occur in reality? This question leads to another one. What is reality and how does it relate to perception? Reality is the truth that we try to ultimately reach through perception as we sort through our sense datum. Yet, this truth can vary between people. The conclusion or truth that people search for through perception analysis can be determined by one's own needs and expectations. Though two creatures may be exposed to identical stimuli and sense datum their inferences achieved through perception will vary greatly because each has a tainted or biased perception. For example, a human and a dog are both put in a forest where they are lost and must find their way home. The person will rely highly on sight to sort through the wilderness and arrive home safely because he has conditioned himself to rely heavily on the sense of sight while, the dog may rely on scent more so then sight to track his way home. Both have perception that has been flawed or somewhat polluted. Both the human and dog are exposed to the same stimuli yet they each perceive their situations differently. This is due to their biased perception, the human through previous experiences has conditioned himself to perceive his experiences mainly through sight while the dog has done the same but with smell, neither has an unprejudiced perception because both have been conditioned through experiences. Perception is controlled and created by experience. The goal of perceiving is to know your surroundings. However your surroundings control your experiences. Therefore perceiving is a way of analyzing your experiences. But if this is true then there is no such thing as immaculate perception. Every individual's experiences are each unique. The way in which they are accepted or rejected depends on cultural conditioning as well as previous experiences. With this bias no one can claim to have untouched or virgin perception because it has been trained to only acknowledge certain elements of the surrounding. For example, I have been trained to rely on sight to gain the bulk of my knowledge of my surroundings but a blind person would have trained their senses or perception tools very differently having no sight. Therefore each experience and the sense datum gained from it would be different. The stance of immaculate perception claims that since the act of perceiving has no bias each experience for every person results in the same knowledge. This is false because it is impossible for two beings to infer the same information from a protocol. In a world made of unique creatures it's impossible for immaculate perception to exist.

Thursday, August 29, 2019

Replacement of kiln shell

Everything must be properly placed so that the next step, shell removal, goes aimlessly. Once the kiln shells lengths, weights, cribbing and crane requirements are determined, the shell layout can begin. The ultimate goal is to cut the shell, at the proper location, perpendicular to the centerline of the kiln. Ã'Å¡ Best ways to do this is to 1) Perform a series of stop cuts in the kiln as it is rotating, 2) Paying special attention to keep the thrust tree against the thrust roller and also against the same set of tree retainers.Once the cuts determining the overall length are complete, 3) A relief cut must be laid out. This is usually 10-inn wide section on one end ND, once removed, will provide some extra room for removing the shell. Finally, the kiln must be parked and the drive locked out, the support cribbing raised into position, the relief section cut out by hand and the kiln pushed apart by 1-1. In to allow extra room to get the new shell back in. Harmon Shah 2) Shell removal With stop cuts in, the cribbing up and the relief section removed, it is time to rig the shell pieces for removal.Typically, a spreader beam is used to provide more leeway and control while removing a section. Under the spreader beam, braided cables can be shackled together through the clearance holes that eve been cut in the kiln and reinforced. It is critical that the shell thickness is analyzed to make sure that the cables and reinforcing will not tear the shell. The shell is then cut free Of the rest Of the kiln with the use Of torches. This process will be repeated until all of the shell sections have been removed. The final step is to grind the exposed ends of the shell.Since the new joints were cut with a torch, the cutting slay and imperfections need to be ground smooth to provide a good surface to weld to. 3) Installation and alignment The installation of the new kiln shell typically occurs in the opposite order of he removal. The shell sections are hoisted ensuring that th ey are hanging perfectly on the kiln slope -? once in location this will provide an even joint to fit. Consideration should also be given to installing the longitudinal seams in adjacent shell sections opposite each other.The kiln shell is held in place by temporary joint hardware and cribbing as required. The joint hardware typically consists of angles and radial adjustment blocks, welded to the shell and threaded through rods and nuts that fit through the angles to adjust and support the shell. Radial shell mismatch is extremely important when fitting he shell using the radial adjustment blocks that were installed in the shell. When new shell fits to new shell, the inside diameter is typically the same, thus there should be less than a 1/inn mismatch. However, it is not uncommon that the inside of the old shell is corroded.When this is the case, it is important to ensure the mismatch is very even around the joint and does not vary by more than 1/inn, even if the total mismatch is 1/in. With the joints aligned, the through rods are used to pull the shell sections together. Tie bars should be installed to lock in the joint alignment attained with the mint hardware and to take up the torsion's forces exerted on the joint during rotation. At this point all equipment and material is removed from the inside of the kiln. Run-out stands, fixed location roughly inn uphill and downhill of each joint are set up.The kiln is rotated and a set of stations, 1-12, laid out on the shell. At each of these stations two readings are taken, one at the uphill run-out stand and one at the downhill. The resulting numbers are then taken and laid out on a polar graph. When looking at the magnitude of the run-out on a polar graph, opposite readings will show any corresponding moves. Several of these indications in the same quadrant will warrant a corrective adjustment of the joint. With run-out readings showing no corrective adjustment, the shell and joints are ready for the next step , welding. ) Weld Eng The shell is typically welded on the outside first. The shell joints are ground so that the mill scale is removed several inches uphill and downhill of the actual joints bevel. A root pass in the base of the bevels is welded in by hand with the welder taking care to properly preheat the shell. The remaining outside bevel is welded using the submerged arc welding (SAW) process. SAW is the preferred welding method for the majority of the bevel because of its consistent, superior quality of weld and its very high deposition rate.

Wednesday, August 28, 2019

Realistic representation of psychological concepts in the film A Essay

Realistic representation of psychological concepts in the film A Beautiful Mind - Essay Example The story of the film is devoted to what can be evaluated as a heroic life story of an outstanding mathematician John Forbes Nash, haunted by both his genius and manifestations of insanity so prominently coexisting in him. On this background, a careful viewer can discern in the film fine elements characteristic to several psychological concepts and theories, such as for instance a depiction on the concrete example of Nash of various symptoms related to a psychiatric condition of schizophrenia, the involvement of the films protagonist into social relationships network that often challenges his mental disorder, and the psychological processes associated with what is known as cognitive dissonance. The film "A Beautiful Mind" opens when John Forbes Nash (Russell Crowe) is struggling to come up with some original concept at Princeton. We can immediately see the sign of genius in him, but at the same time it is clearly visible that Nash is often weird, uneasy in terms of social interaction, and painfully competitive. In fact, even though John has friendly relationships with several students, his only faithful friend is his roommate Charles. After some time, the mathematician comes close to elaboration of an original, pioneering and promising approach to game theory, and his successful scientific future seems warranted. John obtains a position at MIT, and gets involved into a hush-hush governmental program aimed at code-breaking research. During his such a secretive occupation, Nash is dealing with William Parcher, a top-level governmental agent who attempts to employ Nashs talents for national security tasks. At MIT Nash gets acquainted with Alicia (Jennifer Connelly), a lovely and remarkable student. They marry eventually, but their happy life gets under the threat when John is diagnosed with schizophrenia and is apparently falling into insanity. In a psychiatric hospital Nash undergoes therapy through electroshock to get rid of his delusions, but he nevertheless finds it next to impossible to work or be a proper husband. Besides, as soon as he ceases to take his medication, the delusions come back. But despite all that, his wife Alicia provides a great support to him as he does not want to be again hospitalized, and with time John learns how to control his delusions. Finally, when John Nash is granted a Nobel Prize in economics he can be said to have gained the greatest victory of his life, but the one which he could hardly achieve without the love and help of Alicia. Psychological concept #1 Perhaps the most stunning display that the film provides is that of a debilitating condition of a person suffering from schizophrenia, a psychiatric term that is used to describe a mental disorder with various symptoms that in combination lead to changes in the reality perception and to consequent impairments in common social functions of an affected person. The very word

Tuesday, August 27, 2019

Factsheet drybulk Essay Example | Topics and Well Written Essays - 500 words

Factsheet drybulk - Essay Example There will be huge demand and supply for the dry bulk as long as the buyer ships the products and commodities from one place to the other. However, due to increase in the price of the commodities, the present market position stands at a lower level. The main reasons are lower market expectations, lower demand for the cargo supply, critical conditions of market life cycle and declining fleet growth. The company needs to control its existing strengths in shipping and attempt to expand its markets to the major areas such as South Asia and North America, to gain a wider area of operation. Dry bulk market may have higher rates in the future. Temporary rise in rates also seems possible during the year. While world trade is likely to increase at a reasonable rate in 2012 as well as 2013, the amount of new capacity will consume high rates towards operating expenses. â€Å"Emerging markets such as India and China are likely to be key to the success of Farstad. As they are the growth markets for any new company, so further addition to the company’s top line would be dependent on its efforts to exploit the trade routes emanating from these countries† (Abhishek, n.d.). â€Å"Capesize, Panamax, Handymax and Handy size† (Segments, 2012). Capesize is used to transport iron ore and coal. Panamax can carry grain, coal and bauxite. Small shipments such as sugar and other commodities are carried by Handymax and Handy size. Capesize is the largest vessel and Handy size is the smallest vessel out of the four vessels in the dry bulk segment. The Outlook for the Dry Bulk †¦ Italian Style, (2012). 8th Mare Forum Italy 2012, Sorrento. Braemar Seascope Research. Retrieved from

Dissemination product Essay Example | Topics and Well Written Essays - 1000 words

Dissemination product - Essay Example Without effective hand hygiene, nurses can easily contract various diseases besides contaminating both the apparatus and specimens they often use. Debnath, (2009) explains that hand hygiene is a major concern in nursing given the risks that lack of effective hand hygiene presents the nurses. The project investigates the prevalence of the problem across the country and the possible remedies to the problem. Key among the possible strategies of remedying hand hygiene issues includes the use of protective gloves and regular disinfection of hands. The project investigates and proposes the possibility of training and education of nurses in hospitals in effective ways of upholding hand hygiene in hospitals and dispensaries. Promoting hand hygiene among nurses makes the profession safer for the nurses a feature that motivates them. Safety concerns make the profession both undesirable and unsafe. As such, the project seeks to find ways of enhancing safety in the profession thus improving the productivity of the nurses. The project adopts the descriptive research design. This implies that the project will observe the nature of the profession with the view to establishing the hand hygiene practices and the level of safety in American health facilities. Additionally, the research uses random sampling technique in selecting both the health facilities and the nurses to investigate in the project. This way, the research will provide the natural safety scenario in health facilities in the country. Data collection is yet another fundamental feature in a research. The project uses various data collection that will include the use of structure questionnaires. Additionally, the researcher will use interview and observation as methods of data collection. Each of the three data collection techniques has numerous strengths and weaknesses (Alur, Rane &Scheetz, 2009). By infusing them, the researcher

Monday, August 26, 2019

The Use of Financial Tools in the Management Process Term Paper

The Use of Financial Tools in the Management Process - Term Paper Example Investments have related interest expense amounts. The same return shows the interest rate that is used to generate a resultant zero net present value. The present value is arrived at by using an interest rate in the computation. The annual or periodic cash inflow is collected. Examples of inflows of cash are: ? 260 for year 1, ? 280 for year 2, ? 250 and for year 3. The interest rate is given. The periodic or annual inflows of cash are multiplied by the present value factor (interest rate). The result of the multiplication activity is the present value amount of the periodic inflows of cash (Hilton, 2011). To computation of the rate of internal return, the present values are determined. Next, the decision maker must equate the cost of the investment as the total inflows of cash. Subtracting the two accounts, the net present value is nil (Daft, 2011). Next, the internal rate of return can be easily computed (Sollenberger, 2008). The total present value of net inflows of cash is divid ed by the total inflows of cash. The computation outcome is traced is plotted on the net present value table. The decision maker searches for the column where the division result falls. Further, the internal rate of return (IRR) tool is used to compare the financial performance of two or more entities. For example, the internal rate of return of Reagan Company is 6 percent. Further, Washington Company has an internal rate of return of 8 percent. Comparing the two companies’ internal rate of return, Washington Company has a better internal rate of return. The company with a higher internal rate of return output shows a financially better business image (Gitman, 2008). Compared with the net present value decision-making tool, the internal rate of return is a better management tool. Most decision makers prefer the internal rate of return. The internal rate of return places importance on times’ effect on money, cash flows. Time value analysis includes placing a higher value on the earlier collection or payment of cash amounts over the same amount of cash collected at later years.  

Sunday, August 25, 2019

Philosophy of Film. Film as thought experiments Essay

Philosophy of Film. Film as thought experiments - Essay Example Thought experiments are an important part of many abstract theoretical sciences, and play a significant role in the field of philosophy in which the philosophers have to investigate and illuminate multifaceted issues and dense theories which they cannot experiment empirically. It is not wrong to say that thought experiments are themselves complicate to comprehend because they are a complex subject. The Trolley Problem is a famous thought experiment in the field of ethics (Thomson, 1985), which intends to discuss that in the physical world, there is often not a moral course of action that one can proceed with, given choices. It involves a madman who has tied five people on one trolley track, and one on another. A trolley is careening toward the five people and you, as a savior, can save either the five people or the one on the other track. When you save the five people, you are held guilty to have killed the other one, and when you do nothing you are accused of immoral act of doing no thing to save them. Another thought experiment is Monkeys and Typewriters that says that infinite number of monkeys, if given infinite time on infinite number of computers, can produce a work of Shakespeare (Sober 116). How film is considered as a thought experiment is an interesting topic. Film can prove philosophical in the same way as one of the thought experiments. Filmmakers have tried to incorporate thought experiments in many recent films like The Batman (The Trolley Problem) and The Dark Knight (The Prisoner’s Dilemma). Whether film can be regarded as thought experiments or as a piece of philosophy has been a hot topic of debate between the philosophers of modern times. The modern concept of filmmaking has this thing that film can do philosophy other than mere entertainment, and can be considered as legitimate works of philosophy. Wartenberg asserts that thought experiments are a strong bridge between film and philosophy, although they are not the philosophers’ realm entirely (57). He asserts that the strongest evidence that thought experiments provide a link between film and philosophy is â€Å"their reliance on hypothetical-i.e. fictional scenarios† (57). The film, the Matrix, is about the deception hypothesis in which whatever the characters of the film experience is such a reality that is in fact â€Å"a huge, interactive perceptual illusion†¦created and maintained by the computers that have taken over the world† (Wartenberg and Curran 276). The concept is based upon such a world that depicts time 200 years later, and it has been regarded as computers’ triumph against human beings in a distressing combat. Computers have been shown breeding humans as humans have been devising ways to breed animals. The philosophy in the film is that human bodies are shown generating more energy than they are consuming, and for this extra energy that is being expelled out, computers have been designed in such a way that they br eed humans that are kept in a skyscraper. The logic behind the concept is that â€Å"humans need to have their minds distracted while their bodies produce the required electrical energy† (Wartenberg and Curran). How the film raises the question that the whole perceptual experience of the

Saturday, August 24, 2019

Using of Windows 2000 Essay Example | Topics and Well Written Essays - 1750 words

Using of Windows 2000 - Essay Example There is a dire need to protect such information from prying eyes. (Scambray et al., 2003) The reputation of a company might be at stake if such information would be divulged. Moreover, people’s privacy would be compromised on a grandiose scale too if such information went public. There is also the risk of exploitation of such information. In order to protect these computing systems, numerous systems have been developed but loopholes still remain. This text is centred on an exploit for port 443 for a Windows 2000 based domain controller. Table of Contents Abstract 1 Introduction 3 Vulnerabilities in Networks 3 Delineating HTTPS and Port 443 4 Case Study 4 Assumptions 4 Way Forward 5 Analysis of Assumptions 5 Gathering Intel for Attack 5 Accessing the Server 6 Reason for Buffer Overflow 8 Securing a Foothold 8 Conclusion 9 Bibliography 10 Introduction Windows 2000 was developed by Microsoft as a business solution to host data and other services. A total of four different editio ns of Windows 2000 were released which were Professional, Server, Advanced Server and Datacentre Server. Other limited editions were also released by Microsoft in 2001 but the baseline of Windows 2000 being a business machine persisted. (Pastore, 2003) On its release, Windows 2000 was marketed as the most secure Windows ever built. (Microsoft, 2000) However security flaws within the Windows 2000 framework continued to plague the system right till the lifecycle end in July 2010 when Microsoft stopped issuing new security updates. (Microsoft, 2011) Vulnerabilities in Networks Windows 2000 has been likened to the eggshell concept. Similar to the egg’s shell, the exterior security layer is robust yet vulnerable. However, as soon as the exterior security layer is breached, the inside of the network is â€Å"mushy† and easier to manipulate. This general principle is not limited to Windows 2000 based network servers but to networks in general too. (Ethical Hacker Network, 201 1) In general various vulnerabilities exist on network machines especially in respect to ports that can be scanned and accessed for intrusion. The possible exposed ports all have the potential to be converted into vectors for an attack on the concerned machine. The most common ports utilised by various applications on a typical Windows based machine are listed below to delineate vulnerability. (Ethical Hacker Network, 2011) TCP Port Applications 20 FTP data channel 21 FTP control channel 23 Telnet 25 SMTP 53 Connection oriented DNS (resolution on UDP 53) 80 HTTP 88 Internet Key Exchange (IKE) 110 POP3 (mail) 135 Windows RPC Endpoint Mapper 137 NETBIOS Name Service 139 NETBIOS Session 389 LDAP 443 HTTP/S 445 Common Internet File System / native SMB on Windows 2000 and higher 636 LDAP over SSL 1433 SQL Server (1434 if the port scanner can perform UDP too) 1723 PPTP 3268 LDAP to a Windows Global Catalogue Server 3389 Remote Desktop Protocol (Windows Terminal Service) It must be kept in mind that these ports are available for Windows based machines. If other OS are being utilised, the machine’s vulnerability may lie at other ports which would be open. (McInerney, 2000) This investigation is concerned with port 443 used for HTTP/S services and so it will be looked into in more detail. Delineating HTTPS and Port 443 HTTPS (Hyper Text Transfer Protocol) is a combination of the simple HTTP with an additional SST/TLS security layer. This helps to encrypt data being moved through web pages. Generally this protocol is used for online payments and transactions.

Friday, August 23, 2019

Cold War Politics Essay Example | Topics and Well Written Essays - 500 words

Cold War Politics - Essay Example Calling war a ‘savage human behavior’ the general reiterates the importance of establishing an effective security policy; a term that obviously cannot be used interchangeably with a ‘war policy’. It should be noted that a security policy does not necessarily act as a cause of war. In fact, war is decided by the quality of interaction between nations and their eagerness to reach an agreement. (p. 209) General Marshall makes allusions to the World War II to elaborate upon this aspect however, the most interesting point remains that he describes the institution of war from the perspective of Germany and Japan only; the very nations that constituted the opposing side of the Second World War. He states that war is the doctrine of Japan and Germany; the people, who he believes have given a lot of thought to this. Though, his speech was meant to shed light on the lessons that the United States learned as a result of the Second World War, however, comically enough the first half of the speech sounds more or less like an attack on the central powers; the side that not only suffered a humiliating defeat in the great war but were also heavily penalized. Though, the penalty is nothing compared to the number of lives that were lost but stigmatizing an entire nation does nothing to help either. General Marshall seeks to get approval to shape their military strategy and security policy as a mode of protecting America and its citizens from aggressive nations such as Germany and Japan. He makes several statements that not only implicate Japan and Germany as the sole perpetrators of war but also portrays America as a helpless nation. This aspect of Marshall’s speech depicts that the history of war is in fact framed by its victors that largely portray themselves as the innocent party.

Thursday, August 22, 2019

Theories of counseling and psychotherapy Essay Example for Free

Theories of counseling and psychotherapy Essay 1.1 Defining the Core Constructs of Adlerian Therapy. When Gina says she is determined, Dr. Carlson asks her where her determination is directed. What is his intent? Gina responds with happiness. Her own and her two boys. His intent is to get her to focus on the good and the progress made. He trying to scaffold the sessions questioning to determine more information and to promote client self awareness. His intent is as well for her to see the goal setting nature she internally is projecting. He is demonstrating a life style assessment and the ability for one to control where they want or see themselves. The use of open ended questions allow Gina to elaborate to gather more information. Why would Dr. Carlson tie Ginas motivations back to her parents? Dr. Carlson is following Adlerian’s theory that our future choices are driven by past experiences. By tying Gina’s motivations to her parents he is to showing her future behavior decisions were molded by mother and father through actions that she witnessed as a child. What basic life tasks does Gina describe in this footage? Gina describes the life tasks of occupation,love and social interests. Happiness,eventually a committed relationship and that her boys grow up to be happy and make good choices. Gina is demonstrating achievement of HIs intent is to scaffold the sessions questioning to determine more information and to promote client self awareness. He is also trying to activating the goal setting nature she internally is projecting. He is demonstrating a life style assessment and the ability for one to control where they want or see themselves. The use of open ended questions allow Gina to elaborate to gather more information.,competence and mastery. Theses are three of the lifestyle components Alder speaks about in his theory. 1.2 Conceptualizing Clients Using Adler’s Holistic Approach Dr. Carlson identifies patterns in Ginas early recollections. What do these patterns tell us about Ginas private logic? Gina’s private logic depends on what she viewed in her surroundings that she remembered. The lifestyle she was exposed to allowed her to develop her own compass to live by. It is hard to remember for her but Gina realized she had been doing things for herself to make herself happy rather than anyone else. Such as her obtaining the top ten in her class. Dr. Carlson suggests that Gina is almost selfish to a fault. What part does selfishness play in wellness and pathology, according to Adler? According to Alder, being selfish in regards to wellness and pathology, is natural. We are to become a contributing part of a larger social system. Gina is adapting to basically meet her needs and the needs she thinks are qualities of a â€Å"good† parent. Her feeling that is her responsibility to raise her children and a home is all on her and not letting her husband help is not really a good thing but a coping mechanism she has developed to handle situations. 1.3 Assessment and Treatment in Adlerian Theory In his clip, Dr. Carlson focuses on Ginas early recollections. What important assessment information is he seeking through his questions? Dr Carlson is seeking through his questioning the understanding of her lifestyles and how she viewed the world through asking her to elicit her memories of her siblings. He can also be trying to get a view of the family dynamic through using these types of questions. What elements of the treatment process can you identify in this clip? I can identify phase two, lifestyle assessment as a child, understanding of the person and the problem. Family constellation,birth order and earliest recollections priorities and ways of behaving are indicators of this phase. 1.4 Adlerian Therapeutic Techniques (Written case study) In what ways might an Adlerian therapist ask Steve to Act As If’? An  Adlerian therapists’s may as Steve to â€Å"Act as if â€Å" as follows; †¢Open questioning †¢Purposeful questioning By using questions being with â€Å"what† and â€Å"how† a counselor can elicit a response leading toward understanding or self awareness,self motivation and a level of self disclosure. References Seligman, L., Reichenberg, L. W. (2014). Theories of counseling and psychotherapy: Systems, strategies, and skills / Linda Seligman, late professor emeritus, George Mason University, Lourie W. Reichenberg, licensed professional counselor, Falls Church, Virginia.

Wednesday, August 21, 2019

Drug Trade in South America Essay Example for Free

Drug Trade in South America Essay Among the many topics given for the annotated Bibliography, I have decided go by my teachers advice. Therefore, I will cover â€Å"drug trade in South America†. South America is a large continent comprising of countries like, Argentina, Colombia, Chile, Brazil, Paraguay, Bolivia, Peru, Uruguay, Ecuador and Venezuela among many others. The whole of this continent has been noted to be a primary source for narcotics, which in most cases end up finding their way to the rest of the world, with Colombia being the number one Heroine producer in the whole South America continent. The contents favorable climatic conditions allows for the mass growing of cocaine, heroine, and bhang producing plants. This widespread growth of these plants is practiced in the fertile lands along the many permanent rivers which criss-cross the continent e. g. Amazon River basin. These rivers also offer drug transportation alternative, whereby private boats transport these drugs across the borders of countries. The fight against drug cultivation, manufacture, distribution and sale in the continent has done little to this deep-rooted vice. This is because of overwhelming rates of corruption across the continent. Another reason has been the chronic political instability of many countries of South America. The majority of the continents countries are largely under developed and therefore proper Government machinations to combat drug trafficking has not really been to the expected standards. In my map, I have shown the whole continent of South America with its physical features included to show the drug growing areas. The tropical rain forests the Amazon River basin. Through my research I hope to extract the mystery about the resistant drug producing culture, the various governments efforts to combat drug trafficking and some of the major drug cartels in the continent. International narcotics control strategy report 2006 Bureau for international Narcotics and law Enforcement Affairs This report complied by Bureau for international Narcotics and law Enforcement Affairs, March 2006, gives a detailed account of the state of affairs, pertaining drugs in more than ten countries of S. America. The journal is so detailed that it shows out a brief summary each of the ten countries drug trafficking levels, countries drug rating status, countries actions against drugs 2005, countries law enforcement efforts and arrest made, and lastly, countries road map towards combating drug trafficking. From article, it is clear that the continent produce almost all the prohibited drugs i. e. heroine, cocaine, marijuana, these drugs are grown almost all the eleven countries discussed in the article, with Colombia being the leading in production of all these drugs. Also in this article is the environmental safeguarding measures applied when destroying drugs. The article shows the rating of every country among the countries of the world. This journal has very many details about drug cultivation manufacture, distribution and selling making it a very informing tool to the relevant authorities who are responsible for the crackdown of the illegal cartels. I further recommend the journal to both potential and practicing law enforcers, to fellow students who may be taking the same course, this journal is the kind of research material they need to look for. It convinces a reader that, with all that knowledge about the existence of drug trafficking then curbing it is very simple. The author of this journal (bureau for international narcotics and law enforcements affairs) is the body charged with the duty of drawing regulations and the enforcement of the laws governing illegal drug trafficking, and therefore the information in it is very much reliable as a source for this topic.

Tuesday, August 20, 2019

Historical Perspectives on the Social Order

Historical Perspectives on the Social Order Laura Sanchez Ronald P. Bobroff In The Radicalism of the American Revolution, Gordon Wood showed the various transitions that the American society had to go through in order to achieve a sense of equality in a socio-economical level and with respect to the government. In the book, Wood starts talking about how American society looked like at the beginning, how it was basically a replica of what people knew at the time; a monarchy-like Estate, derived in some form of aristocracy since there was no king ruling in the continent, but back in England. In this early Estate, the status quo was important to maintain and show in order to reflect power and social position, where work was seen as something not worthy of doing by the higher classes because they already had the financial resources and did not feel the need of produce them through labor activities. Since labor activities were seen as something lower classes needed and should do in order to gain resources to live. Because the higher classes, the Gentry, were the only independent group, because they did not have to answer to anyone, they were the ruling class, but the lower classes had to answer to the ruling classes because they had to work for the money that was provided by the higher classes. Even when the American society enjoyed some freedoms that the English society could not enjoy, the inequalities were still present, since the level of freedom people could enjoy was given by the social status they had and enjoyed. But again, this was the replica of what they knew as a socio-political system. In America, it was clear that because the Gentry did not have to work for the financial resources they already had, for it was clear that they were to lead and the rest, to follow. From this aristocratically estate of government, American society made its way to a less hierarchical society, where equality of opportunity was the main character, where every person was born with the same rights and where every man had the equal opportunity to become a gentleman based on their level of education. This was in the reality a rough equality, since they were still valuing people based on the property owned. According to Wood equality lay at the heart of republicanism; it was, said David Ramsay, the life and soul of commonwealth. Republican citizenship implied equity. Citizen (or sometimes cit) was a term that had been commonly used by the premodern monarchical society. It generally had meant the inhabitant of a city or town, who had been thus distinguished from a member of the landed nobility or gentry[1]. Then, it came the idea of a ruling class composed by disinterested gentleman, this idea came up because the alternative was interested gentleman who were to rule obey ing their own particular interests, but if the leading class had no particular interest they were to rule more equally and impartially to everyone instead than just for a few. The problem here is that this model of being ruled by disinterested gentleman would be replicating the past and with that, replicating the old problems. Since this disinterested gentleman were also human beings with their particular interests to work for, even when they claimed not to have any particular interest. With this new concept of equality, and in reality those who claimed to be disinterested and those on the higher social classes were not more capable to rule than the rest of the population who had access to the same opportunities. The problem with this approach is that it generates and feeds conflict of interests, because no matter who is in a leading position is undeniably going to promote policies that will benefit their own interests or the interests of the people close to them; resulting in an unbalance of the social and political system. This opened the way for a democratic political system, where ordinary people could being involved in the government, in contrast with the previous forms of government that were attempted where only the gentry could aspire to be in charge of a leading position on the government, like a perpetuation of the aristocracy, because if gentlemen were involved in the marketplace and had interests just like everyone else, they were really no different from all those common people artisans, shopkeepers, traders, and others who had traditionally been denied a role in political leadership because of their overriding absorption in their private occupational interests. In short, the Anti-Federalists were saying that liberally educated gentlemen were no more capable that ordinary people of classical republican disinterestedness and virtue and that consequently there was no one in the society equipped to promote an exclusive public interest that was distinguishable from the private interests of peo ple[2]. The great achievement of this time is that the motivation of the people to participate on the government had really changed from maintaining the status quo to open the positions equally to every person in the society, transitioning almost without realizing into a democracy. By contrast with this new increasing openness in the American society, we find a British society which was open to foreign nationals looking for refuge, but this openness of the British government to receive foreign nationals into their space was not seen well by other European countries and by British nationals as well. This is why, some British nationals, called themselves anarchists, decided to promote and commit terrorist acts on British soil as a form of rising their voices and make the statement of their inconformity with this policy of giving refuge to other people. They wanted to keep Britain for themselves, so while other countries were opening their boundaries to welcome other nationals, other ideals, religions, and a complete new rainbow of possibilities; there were groups in Britain, as is explained in the novel The Secret Agent, as well in other countries that were not happy with this kind of policies, that took their nationalism feelings and ideals to another level full of hate and incomprehension that led them to commit acts of terror and treason to their own soil. Because, in the end, this people, the anarchists, were not democratic. This anarchist group decided to attack Greenwich observatory, the center of the modern world, sending a clear message of how anti progress they felt, because instead of promoting and applauding the progress they attacked it. Being objective, if they only were against the laws, policies or even the political system and beliefs, they would have attacked some political, judicial or governmental institution, but they needed to state that they were not only against the policies but against any form of progress, and nothing claims more progress than science. Because science is the fundament of the progress of humankind; moreover, I am a civilized man. I would never dream of directing you to organize a mere butchery, even if I expected the best results from it. But I wouldnt expect from a butchery the results I want. Murder is always with us. It is almost an institution. The demonstration must be against learning science. But not every science will do. The attack must have all the shocking senselessness of gratuitous blasphemy[3] And, wanting to close the borders to people of foreign countries because some nationals of a given country feel insecure about it, is an inhumane act full of hate, prejudice and resentment. This anarchists could not being democrats because they were firm believers of the socialist doctrine, that is by mere concept anti progress. Democracy is about progress, that is why throughout history it is often seen that democracy is the last form of government achieved after having tried and passed for all others, because its core is almost perfect and can be only achieved through trial and error; after seen what should and should not be done. Democracy is about liberties, not debauchery as people often misunderstand it. Democracy is about equality of opportunities, people cannot be forced to do something they do not want to, but they have the right of having equal opportunities to access the minimal conditions to live and to live well. If someone is w orking hard and is not getting involved or interfering with other peoples life, it does not matter where that person is from. That individual person is a human being and has the right to live and to live well, and to work, and to not being afraid of being attacked by another person. This is the kind of society that Wood explain to us, this is the fundament of the openness of American society. They were open to everyone who was disposed to work hard and live a good life based on their work. And that is what is translated nowadays in what is called the American dream, it is just another name for the principal fundament of the American democracy. B3. Benedict Anderson in his Imagined Communities suggests ways that the citizens of a nation perceive themselves as a part of the whole as a community developing some sort of spirit that overcomes them and that is able to overlap the individuality of each one, this is what is called nationalism; a sense of belonging to something bigger than oneself. He explains this when he says that the members of even the smallest nation will never know most of their fellow-members, meet them, or even hear of them, yet in the minds of each lives the image of their communion[4]; meaning that what really matters is the idea of belonging, the feeling to be part of something bigger than the sense of individuality. Is the idea of being a valuable member of the whole. Anderson also explains the it is not only the sense of belonging, but it goes further to the sense of limitations, because human beings do not like to think that everyone has the same without having fought for it; meaning, that it is important to feel that there are some boundaries that somehow contain this massive feeling of community; because even the largest of them, encompassing perhaps a billion living human beings, has finite, if elastic, boundaries, beyond which lie other nations. No nation imagines itself coterminous with mankind. The most messianic nationalists do not dream of a day when all the members of the human race will join their nation in the way that it was possible, in certain epochs, for, say, Christians to dream of a wholly Christian planet[5]. In the end, we need to feel part of something that even though it is bigger than us it is finite; something that no one else has it and that it cannot be found elsewhere, something that belongs to us so that there is the i dea that it is special and therefore that generates in the human mind the urgency to defend it. Another important concept is sovereignty, which is the power conferred by independence. Not having atavistic ties that create and maintain ties to the past, gives way to the progress of a nation and with it, the progress of its citizens who feel part of it. Because the concept was born in an age in which Enlightenment and Revolution were destroying the legitimacy of the divinely-ordained, hierarchical dynastic realm. Coming to maturity at a stage of human history when even the most devout adherents of any universal religion were inescapably confronted with the living pluralism of such religions, and the allomorphism between each faiths ontological claims and territorial stretch, nations dream of being free, and, if under .God, directly so. The gage and emblem of this freedom is the sovereign state.[6] This is extremely important because the sense of progress brings with it a new meaning to the concept of freedom. At this point, we found citizens who have well identified their sense o f belonging to something larger than them as mere individuals, who need to feel that they belong to something unique and special, that not everyone can have access to and that is worth fighting for; Accompanied by the ideas of freedom and progress. Finally, Anderson explains that in spite of the inequities that have existed in the world historically, nowadays the feeling of nationalism has generated that the human beings feel part of a horizontal whole where all are equal and fight every day for a common goal and that they are able to fight for this, not necessarily with the disposition to kill for this but with the will to die defending that for what they believe and live; because, regardless of the actual inequality and exploitation that may prevail in each, the nation is always conceived as a deep, horizontal comradeship. Ultimately it is this fraternity that makes it possible, over the past two centuries, for so many millions of people, not so much to kill, as willingly to die for such limited imaginings[7]. For it generates the idea of horizontality as Anderson explains, that is to say that there are no longer any social classes that command over other social classes. That all are born equal and have access to the same rig hts and opportunities because they all are human alike. And they are willing to go to the last consequences in order to defend it. Comparing these four ideas about nationalism as a sense of belonging to a whole with what Gordon Wood explains in The Radicalism of the American Revolution, United States, already composed of more and more diverse peoples, could not rely on any tribal or national identity. To be an American could not be a matter of blood; it had to be a matter of common belief and behavior. And the source of that common belief and behavior was the American Revolution: it was the Revolution and only the Revolution, that made them one people.[8]. The sense of belonging for American people needed to be greater than language, political views, religion or national origin; the sense of being part of this great nation needed to go further, to the point that all people, national and foreign, feel the need to defend the ideals in which this nation is built. This nation, with well delimited boundaries, that has been pioneering in subjects of freedom, equality and horizontality, meaning that all people are equa l under the unit of the American flag, provided they are willing to respect and work for it, to defend the ideals it represents. Works Cited Wood, Gordon S. The Radicalism of the American Revolution. (New York, Vintage Books, 1991) Conrad, Joseph. The Secret Agent. (Oxford Worlds Classic, 2008) Anderson, Benedict. Imagined Communities. (New York, Verso / New Left Books, 1996) I pledge that I have acted honorably. Laura Sanchez [1] Wood, Gordon S. The Radicalism of the American Revolution. (New York, Vintage Books, 1991), 223 [2] Wood, 256 [3] Conrad, Joseph. The Secret Agent. (Oxford Worlds Classic, 2008), 25 [4] Anderson, Benedict. Imagined Communities. (New York, Verso / New Left Books, 1996), 7 [5] Anderson, 7 [6] Anderson, 8 [7] Anderson, 8 [8] Wood, 336

My Philosophy of Education Essays -- Educational Educating Teaching Es

My Philosophy of Education â€Å"Your school work is much better today, Mr. Teddy Bear. I’m glad to see you’ve been paying attention.† I have spoken these kinds of words many of times during my youth, as I pretended to live out my dream of being a teacher. Lining up my stuffed animals and dollies, I would go over the daily lecture with my attentive class, making up homework and grading papers with the greatest of joy. These memories motivate me to fulfill my dream of preparing students for a live after high school, opening up the world of literature, and succeeding in ways my previous teachers did not. Because Literature is my passion, I plan to graduate from Concord College with a degree in English Education. After graduation, I would like to get my feet we teaching or substitution at a middle or high school while I apply to graduate schools. I hope to continue doing this while I take graduate classes so that I may gain experience in the education field. I hope to get my masters to that I can eventually become a college professor of literature. I have also toyed with the idea of acquiring my doctorate. I believe that English is a subject that all students need a firm grip upon to succeed in the real world. Reading and writing are major skills that everyone should possess because they can either move a person forward or hold a person back. Obviously, reading is important because we are faced with this requirement day after day. Whether it is road signs, cooking instruction, mailing addresses, or television advertisements, reading is something that a person cannot escape. Speaking properly is also very important because one can be judged by how well they speak. In simple terms, it ... ...tion is extremely important, because it instills important knowledge where it is lacking, so that a person can function properly in the real world. Without basic educational knowledge, a person can become alienated from society, and left to feel embarrassed. The possession of good education had become so dire that it is required for almost any occupation, especially one that is highly respected. As a teacher, I hope to convey basic English skills, critical thinking skills, and basic values that will remain with my students throughout their lives. In short, I have always dreamed of becoming a teacher, and with every day my desire grows. Teachers mold students, who are our future, so we must prepare them well. After all, would you want an uneducated person running our country or performing open heart surgery? I think we can all agree on that answer.

Monday, August 19, 2019

Hackers :: social issues

Hackers â€Å"...they are still hardly criminal in nature. The intention of most of these individuals is not to destroy or exploit systems but to learn in minute detail how they are used and what they are used for. The quest is purely intellectual, but the drive to learn is so overwhelming that any obstacle blocking its course will be circumvented. Unfortunately the obstacles are usually state and federal laws on unauthorized computer access...† This is a quote from Chris Goggans who was once a member of the hacker Legion of Doom club. On-line he was known as â€Å"Erik Bloodaxe†.1 The term â€Å"hacker† was first used in the nineteen sixties to describe college students at the Massachusetts Institute of Technology. The students were given this title because of their obsession with computers. They couldn’t get enough of computers. â€Å"Hacker† was a label of pride to these students. These first hackers did things such as probe systems to find out how they worked and how to make it give out secrets just as hackers do today. They believed computer time and software should be free and freely shared and resented those who protected ownership. A surprising aspect of hackers is that they actually had rules of their own of what they could do to others files and what they could not do. These rules said no one was to erase, damage, or change anyone’s files. One last rule that they had was no using any one system for personal gain. Surprisingly, most of the hackers followed these guidelines.. Now over the years, â€Å"hacker† is a label stating competence and knowledge to meaning someone who breaks into computers. With this information we now have the knowledge that hackers are older and do not have ethics and morals as they used to. The old rules have been forgotten and the FBI has made it’s own definition of a typical hacker: 1. Eighteen to thirty-five years old. 2. Usually male. 3. Bright and highly motivated. 4. The first workers on the job in the morning. 5. The most trusted employees on the job. There is an operation known as â€Å"salami slicing†. This is a form of data diddling that occurs when an employee steals small amounts from a large number of sources through the electronic changing of data. Just like slicing thin pieces from a roll of salami. Some hackers fall upon their information on accident.

Sunday, August 18, 2019

Lessons Learned from Nathaniel Hawthornes The Scarlet Letter Essay

Lessons Learned from The Scarlet Letter      Ã‚  Ã‚   The Scarlet Letter by Nathaniel Hawthorne is considered by many to be a classic novel. In The Scarlet Letter, Hawthorne provides his audience with a real sense of the consequences of unconfessed sin, isolation from society, and the presence of evil everywhere. Through his portrayal of the main characters, his choice of setting, and his implied moral lessons, he teaches lessons that must be learned for humans to continue living in harmony with one another.    The setting of The Scarlet Letter provides a powerful connection between fact and fiction. Events such as the Salem witch trials, which occurred not long after the events of The Scarlet Letter, establish credibility for Hawthorne in that recounting historical details such as fear of witches makes him seem like he actually knows what he is talking about. Hawthorne's writing style has made him "one of the most widely read nineteenth century authors" (Jacobson 4). He upholds Puritan values and concepts while employing the classic allegorical characters of romanticism. One such Puritan value is that the devil resides in the forest. Anytime characters in The Scarlet Letter enter the forest, it is certain that something terrible just happened, is happening, or will happen soon. One such example is when the governor's sister, who is suspected of witchcraft, enters the forest and invites Hester to go with her. It is this woman who represents the idea that evil exists everywhere, especially among those who refuse to acknowledge its existence. Salem is a particularly intriguing setting because of its witch infamy. The occurrence of the witch trials in Salem creates an atmosphere where the evil and the right... ... Hawthorne's allegorical approach at real life situations provides his readers with a sense of accomplishment: a sense that if they learn lessons from others, then they will not have to learn from first hand experience. Although on the surface it may seem like another tale of Puritanistic virtue, The Scarlet Letter is the embodiment of life itself. After reading this novel, one may find that many events in real life today can relate directly to events in The Scarlet Letter.    Works Cited and Consulted:    Chase, Richard (1996). "The Lessons of the Scarlet Letter." Readings on Nathaniel Hawthorne (pp. 145-152). San Diego: Greenhaven.      Hawthorne, Nathaniel. The Scarlet Letter. New York: St. Martins, 1991.      Jacobson, Gary. The Critical Response to Nathaniel Hawthorne's The Scarlet Letter. New York: Greenwood, 1992.   

Saturday, August 17, 2019

Patroklos is not very important to the Iliada Essay

Patroklos is introduced as the companion of Achilleus – the great warrior – which automatically makes him significant to the poem as a whole. His relationship with Achilleus is first shown in book 9 where Patroklos obeys everything Achilleus asks him to do and is names as ‘his companion Patroklos’. This shows they have a good relationship which is important as it shows the audience another side of Achilleus, one where he is loving and caring and human enough to crave the company of a close friend. However the menial tasks Patroklos is first asked to perform could have been undertaken by any common slave and therefore in this scene he does not come across as particularly important to the poem. This close relationship is emphasized a number of times throughout the poem, in particular when Achilleus ‘gave a silent signal to Patroklos with his eyebrows’ which would indicate that their relationship is such that Patroklos understands what Achilleus wants him to do through facial expression alone. Moreover, in book 11, Patroklos is referred to as the ‘pleasure of my heart’ by Achilleus, suggesting that their relationship is deeper than just friends. Patroklos’s role in Achilleus’s life is explained in part by Nestor who speaks of the advice given to Patroklos by his father ‘by birth Achilleus is superior to you, but you are the older. He is far stronger than you, but your proper task is to give him words of wisdom and advise him and guide him – and he will listen to you for the best. ’ This indicates that Patroklos has throughout his life influenced Achilleus and continues to do so, meaning he is crucial in understanding Achilleus’s character. Nearing the end of book 11, Patroklos cuts an arrow from Eurypylos thigh and stops the bleeding which shows he is compassionate and endears him to the audience which may be a device employed by Homer to emphasize the sadness of Patroklos’s death later in the poem. This scene is also used to show the brutal effects of war due to its gory nature. After book 16 Patroklos comes to the forefront of the poem. Achilleus instructs him to don his armour and push the battle from their ships. Achilleus once again shows his feelings for Patroklos as he prays to Zeus that he will come back safely. Zeus does not grant this, foretelling Patroklos’s death. During this book, Patroklos has his aristeia which adds excitement and impact to the poem. Patroklos’s fighting lasts for many pages and is a significant part of the poem, showing his importance overall. Patroklos’s fight with Sarpedon is important as Zeus becomes upset over the death of his son and although he allows the Achaians to take his armour, he ensures the body is well looked after – showing a loving side of Zeus that is not often seen during the poem. Without Patroklos this scene would not have been able to take place. Patroklos’s death is told over many lines and begins with Euphorbus stabbing him in the back as he is too scared to face him in battle. This shows once again how brave and important Patroklos is. The passage describing Hektor killing Patroklos is very descriptive and includes mockery from Hektor and Patroklos’s final speech. This once more makes the audience feel for Patroklos as he is cruelly mocked in the last moments of his life. The next book is entirely dedicated to the fight over Patroklos’s body which indicates that he was important and a large part of the poem. There are also many men willing to defend Patroklos which shows he was well loved ‘I would gladly stand by Patroklos and defend him, since his death has touched right to my heart’. At the beginning of book 18 Achilleus learns of the death of Patroklos ‘and the black cloud of sorrow enveloped Achilleus†¦he lay there with his whole body sprawling in the dust, huge and hugely fallen, tearing at his hair and defiling it with his own hands’, this passage shows how much Achilleus cared for his friend, he is so overwhelmed with sorrow that he is unable to speak. Even the serving women ‘shrieked loud in their hearts’ grief’, enabling the audience to understand that he was loved by all, emphasizing the pain of his death. Furthermore, Patroklos’s death makes Achilleus feel guilty ‘let me die directly, since I was not able to help my friend at his killing’ and spurs him to fight once more. The sensitive side of Achilleus is bought out again during this ‘his warm tears falling when he saw his trusted friend lying there’. Patroklos’s death is the catalyst needed to make Achilleus rekindle his fighting spirit ‘but now Patroklos†¦I shall not give you burial until I have bought here†¦the head of Hektor. ’ Which shows that without Patroklos Achilleus would not have fought again, meaning he is catalytic in this part of the Iliad. Finally it is made clear that Patroklos was instrumental in Achilleus’s attachment to Briseis. ‘You were always gentle. ’ Briseis explains that Patroklos was the one who arranged for her to marry Achilleus, and since this all began because Briseis was taken away this shows that without Patroklos’s intervention Achilleus would not have been so angry in the first place and would not have refused to fight, making the Iliad into a very different story. Therefore, Patroklos was key in shaping the poem into the story it became.

Friday, August 16, 2019

Managing the Virus Hunters Essay

A-1: * Vincent use technical, human, conceptual skills to maintain an environment that encourages innovation and professionalism among the virus hunter by recognizing his employees that can help the new product development of the company. * He know how to communicate, motivate and inspire his team * He understands the relationship of the companies’ subunits and visualizes how his thing fits into its broader. A-2 A. Vincent play the management role as he had weekly security briefing conference calls with co-workers around the world because as a manager he must had a lot of information that he must give or share to his co-workers and He must have always a new ideas regarding to virus that they had encounter so that his co-worker may also learn from him. B. Through this situation Vincent play decisional role because he assess the feasibility of adding network security consulting. C. in this case he is engaging and connecting to his employees by reminding them to kept focused n the company’s commitment to the customer and this king of activities done by Vincent can be classified as interpersonal roles because he interact and engaged with his employees. A-3 Symantec is a global leader in providing security, storage and systems management solutions to help our customers – from consumers and small businesses to the largest global organizations – secure and manage their information against more risks at more points, more completely and efficiently than any other company. Our company’s unique focus is to eliminate risks to information, technology and processes independent of the device, platform, interaction or location. * Positioned for Growth * Protect completely * Manage easily * Control automatically A-4 The managers learn the following from Vincent Weafer and Symantic approach: * Every step in the company’s growth we have expanded both our technological expertise and our understanding of customer needs. * Ability to successfully integrate internally developed with technologies we acquire has kept the companies at the front of its industry and enabled them to provide best-of-breed solutions for millions of corporate and individual customers.

Thursday, August 15, 2019

Jack and Jill Twisted Story Essay

The sun was setting in Ville ville, and Jack and Jill were off to a party. They were so pumped for this party; they decided to go to the Hill hill to get some magic moon water to drink at the party. The hill was not very steep, it was very humble, but the problems isn’t with the hill it is with the magic moon water, if taken at the right time, you will be cursed and turn into specks of dust. The water they got made them the best partiers on the planet, and the water that they were to drink was to make them the best partiers for eternity. The water was in many puddles in around the hill, if the water forms and the moon perfectly pass over it while you take it you’re safe. So as the stride up the hill as the day became night, it was about 7:00pm and the party wasn’t ‘till 11:00pm. They were starting to get worried that they might not make it to the party. While they were going up the hill, Jack staggered down the hill and broke his crown. Now they’re going to miss the magic moon water time and the party. Jack had tripped over a rock that maybe formed the people who failed to take the water on time and turned into specks of dust. Jill came rushing to see what was wrong, but she told him that he was being pathetic and that they were going to buy him a new crown from the costume shop on their way to the party. Jack ended up falling into one of the magic moon water puddles, so Jill had to pull him out of there before he turned into specks of dust. While Jill tried to pull him out, she struggled, because she’s trying to pull out a 125 pound guy who was stuck in a hole. Then later after a long time of Jill trying as much as she could to pull him out, the moon passed over and Jack was slowly turning into a small speck of dust, and Jill was standing there betwixt and unsure about what to do to help him. Jill collapsed to the ground and was trying not to roll down the hill, but she slipped on some water, and then started to roll down the hill stopping at the bottom of the hill crippled because the impact of the crash had crushed all the bones in her body, and she died a slow and painful death from all the internal bleeding and the pain.

Las Ferreterias de Mexico

Good management- Most of the Employees value rewards of different nature and they are therefore motivated by positive rewards. Employees are known to put less effort to those activities or tasks that are not well rewarded and hence in order to motivate them in their work, a good scheme for rewarding them is important. These rewards are different in nature and include compensation, awards, off duties and many others. Mr. Gonzalez came up with the idea of implementing compensation plan as a way of improving performance of the employees in the company.His intention was to include managers, buyers and salesmen in this new compensation incentive. However, the consultancy firm found this to be difficult since it was challenging to measure the performance of the salesmen and buyers. The consultancy firm therefore advised Mr. Gonzalez to use the plan for managers of the companies only without including other staffs. The success of any plan or policy depends so much on the involvement of peop le who will be affected by that plan in its development.Employees will always support implementation of a plan they were involved in its development. For instance, considering their views before the development of the scheme will make them to own the plan and therefore support it when it comes to the implementation of the plan. This means that for the success of the new compensation plan, Mr. Gonzalez had to make sure that he involved all the parties who will be affected by the new plan. In the development of the new compensation schemes, Mr.Gonzalez sought the services of the consultancy firm who worked together with the human resource and finance department representatives. The involvement of these two departments was important in order take care of financial and human resource considerations during the plan implementation. However, the plan did not involve other staffs who were to be affected by the plan. This include managers from other departments such as store managers and sal es manager who were the beneficially of the new plan.This could make it difficulty for the company to implement the plan since there may be tradeoffs between the performance of the whole team and that of individual managers (Gerhart et al, 2009). During the development of the plan, it was necessary to take and consider the views of other managers and not just human resource and finance managers. This would have made the plan makers to consider all the issues like bonus pool allocation, performance measures to be used and other important issues that may affect theimplementation of the plan. This would have ensured issues like how the bonus will be allocated among the managers. The plan allocated 70% of the bonus to the store managers and the rest to corporate staffs and regional managers. Though, store managers perform a crucial role in sales, other department managers may not be comfortable with the way the bonus is allocated. The allocation of the bonus could have been agreed by al l departmental managers before the implementation of the new plan.BONUS POOL ALLOCATIONAccording to the new compensation plan, the bonus pool would be allocated among store managers depending on the bonus units they have earned. A 5% earning in ROI would earn a store manager one unit of bonus. Any additional percentage earning in ROI would earn an additional bonus unit. This formula will continue to apply as the percentage in ROI earning increases. The allocation will also put into consideration those store managers who have been in their position for a period less than a year.The allocation of bonus among regional managers would be different where the formula used will consider the bonus unit that has been earned by stores in the managers’ region divided by all total unit bonus that have been earned by all stores in the company. Finally according to the new compensation plan, bonus pool for the corporate staff would be divided by the CEO, depending on the ROI earnings of the corporation in that year. The formula used in the compensation plan is very clear and simple hence understandable by all managers. A good bonus plan should be simple and clear to the parties who are affected by that plan.This would make it simple for those party affected by the plan to implement it. Clarity of the compensation plan means that the plan has little or no ambiguity and uncertainty about the standards that will be used to measure the performance of the beneficiaries. This means that the superiors are not in a position to show any favourism or bias when measuring the performance of their subordinates. In this company, the formula applied is based on the allocation of bonus pool among the store managers according to the unit bonus they have earned relative to the ROI earning.The formula is simple and managers can easily understand it and work hard to increase their ROI earning in order for them to increase their bonus units. Again, the formula is fixed and it may not be p ossible for those people who will be assessing the performance of the managers to show any bias or favouritism. This will ensure the efficiency of the compensation plan. This also applies to the formula used to calculate bonus for regional managers and corporate staffs. A good reward system should produce some impacts to the corporation.The system used should be aimed to improve the performance of the organisation after its implementation. Managers and other staffs ought to be motivated to work hard by the reward system as they strive to earn the promised bonus. Their increased performance will be reflected in the increased performance of the whole company. In addition, a good reward system ought to be timely where employees are rewarded immediately without any delay. This will motivate workers to work even harder in the next period thus improving the performance of the corporation in the long term.THE PRINCIPLLE OF CONTROLLABILITYAccording to the controllability principle, all empl oyees ought to be held accountable only for those variables that are within their control (Giraud et al, 2008). Employees ought not to be penalized when things fail because of bad luck as well as not being rewarded when things succeed because of good luck. Thus managers should be held accountable for the outcomes of the variables they control. At managerial level, many factors that affect the performance of an organisation are only partially controlled. However, managers are usually in a position to make decisions that may make the uncontrollable factors affect result in a positive way.The advantage of this method is that managers can be held accountable for the areas they are intended to influence. This will direct all the effort of the managers to the areas that can improve the performance of the organistion (profit centre). For instance, the compensation plan employed by Mr. Gonzalez will hold managers accountable for their profit centre.The main profit centre of the corporation are the stores thus basing the compensation plan of the managers on performance of this area will ensure that, managers effort are directed to the profit centre. Managers will also be more responsible since they will be accountable for all the factors they are controlling in the stores. However managers should also be rewarded for those factors they do not control and yet affect the outcome of their division outcome.BONUS DECISION ON CORPORATE PROFITThe new compensation plan is based on the ROI earnings at the end of financial year. The allocation of bonus among corporate staffs is based directly on the ROI earning of the corporate while among the managers it is indirectly based on ROI earnings. This means the bonus compensation plan may have impact on the corporate profit as it becomes expenses to the company.Increased ROI does not necessarily translate to increased profit and therefore basing bonus compensation on ROI may reduce the profit of the company due to increased expenses. The payment of all bonuses may be too expensive to the corporation thus reducing the profit of the organisation. However, this does not mean that the increased performance of the managers would not increase the profit of the corporation.QUESTION TWO CHALLENGES OF USING ROI Though the use of ROI to measure the performance of different division has a many advantages, it also has many disadvantages (Rachlin, 1997). Using this method to measure the performance of managers in the corporation may pose a number of challenges to Mr. Gonzales. According to Hoffman and Rogelberg (1998), the method may be referred to as a discretionary system since it does not include all the staffs of the corporation. The plan only covers the managers and does not cover other players in profit generation such as salesmen and buyers.This means that the plan will not motivate all the workers together since it only covers some of them and not all of them. This will be difficult for all the employees to be unite d in order to achieve a common goal of improving performance of the organisation. Increasing ROI earnings can only occurs when all the employees of the organisation combine their effort together to achieve a certain level of ROI earnings. This is not possible when all the staffs are not rewarded fairly for their effort.ROI performance measures show the ratio of the profit in relation to the investment used to generate it. This measure at times may be problematic for instance when it comes to the determination of the investments that were used to generate a given level of profit. It is difficult to measure the amount of fixed asset that was used to generate a given level of profit. Mr. Gonzalez may find it difficult to relate the profit generated in a given store with fixed assets that were used to generate that profit. This because fixed assets will be used in more than one financial year.The use of ROI earnings to measure the performance of managers may lead to sub optimization whe re managers concentrate only on the ROI earnings of their division without necessary working to improve the performance of the whole corporation. Improving the ROI of a certain division is usually a short term goal which may not increase the performance of the organisation in the long term. Managers and other staffs may work very hard only for the purpose of earning the bonuses in the new compensation plan without necessary aiming to improve the performance of the company.The measure of earning on investments may also include those factors that are not controlled by the managers. This may include liabilities and assets that are not controlled by division managers and yet they affect the profit of a given store. Division managers usually control receivables and payments within that division and they should only be accountable for that. Holding division managers accountable for factors they do not control may be unfair to them. Thus Mr. Gonzalez ought to look for a method of measuring performance that will be fairer to all the managers.The use of ROI method may also create unhealthy competition among the store managers. Bonus pool is allocated among store managers according to the percentage of ROI they have earned in their stores. The managers can therefore do anything possible to increase their ROI so that they can increase their bonus. This may involve manipulating their revenue and expenses in order to report high profit figures at the end of financial period. This behaviour will create unnecessary short term pressure among the managers which can be avoided using a different method of measuring the performance of the managers (Eva & Mika, 2010).This may have a negative impact to the long term performance of the company. Each division may also work more independent without co-working with other divisions since different divisions will be operating like rivals which may also not improve the long term performance of the company. It is also difficult to know whe ther the increase in sale in a certain store is as result of the new compensation plan (Sammer, 2006). It may take sometime before Mr. Gonzalez knows whether the implemented plan is successful.This is because there are other factors that are not controlled by the manager that may result in increased ROI earning. The use of the ROI method compare all managers on the same platform without considering differences in areas like their division, their region and many other differences. For instances, managers in different departments carry out different operations that have different expenses and revenues. These differences will also affect their department profitability and thus their earnings in ROI.Different regions also have different rate of sales and although efforts put by manager in that region matters, regional differences will also affect the outcome of those regions. The use of ROI to measure the profitability of the manager does not put into consideration factors like regional differences which will affect the outcome of a certain region. Thus rewarding managers using ROI earnings which do not consider such factors will be unfair to some managers who may come from those regions that are not favourable.

Wednesday, August 14, 2019

BristolMyers Squibb Company Essay Research Paper Joseph

Bristol-Myers Squibb Company Essay, Research Paper Joseph Esposito Intermediate Accounting II Dr. Ahmed Goma Bristol-Myers Squibb Company# 8220 ; A Critical Analysis to Disclosure in Financial Reporting # 8221 ; Bristol-Myers mission is to be the preeminent planetary diversified wellness and personal attention Company. Bristol-Myers seeks to accomplish success in the planetary market place. Product- Bristol-Myers is a shaper of many utile merchandises that people use and may depend on today. There merchandises range from Pharmaceutical ( $ 8,672 million ) , consumer medical specialties ( $ 4,278 million ) , Clairol a good known hair attention system ( $ 1,160 million ) , Matrix ( $ 306 million ) , Mead Johnson nutritionary ( $ 1,789 million ) , Convatec ( $ 726 million ) , and Zimmer ( $ 1,134 ) . Some of Bristol-Myers more good known Pharmaceuticals are Taxol which is a anticancer agent that Bristol-Myers Squibb has made one of its top research and development precedences worldwide and Pravachol received FDA labeling as the universe # 8217 ; s first lipid take downing drug to forestall first bosom onslaughts. Some of Bristol-Myers well-known world-wide consumer merchandises are Ban ( deodourant ) , Nuprin, Bufferin and Excedrin ( concern alleviation drugs ) merely celebrated its thirtieth twelvemonth. Clairol is known as one of he most widely used hair attention merchandises around the universe. Matrix a subordinate of Bristol-Myers makes merchandises such as Vavoom and Biolace hair attention merchandises. Mead Johnson Nutritional another one of Bristol-Myers really successful subordinates trades with vitamins and pamper expressions such as well-known favourites like Enfamil which is said to be every bit close to breast milk. Convatec which deals with lesion, skin attention and chronic attention merchandises. Finally, Zimmer is a shaper of surgical attention devices. Industry- Bristol-Myers Squibb Company is in one of the most competitory industries in the universe. In the last 10 old ages pharmaceutical merchandises have become progressively of import. With such diseases such as Aids and Cancer blighting our society, companies such as Bristol-Myers have to take a lead function in contending these deathly diseases. Bristol-Myers is known as one of the leaders against malignant neoplastic disease. In January of 1991 Bristol-Myers was chosen by the National Career Institute ( NCI ) to go a commercial developer of Paclitaxol, now Taxol, which is the discovery intervention against Ovarian and chest malignant neoplastic disease. Taxol comes from a rare species of yew tree found in the U.S. Pacific Northwest. Fabrication of the substance International Relations and Security Network # 8217 ; t easy due to the 50-step procedure taken to pull out it. Bristol-Myers made Taxol its figure one Research and Development precedence. Bristol-Myers leads worldwide in Cancer research and prides itself on it. Market- Bristol-Myers Squibb Company # 8217 ; s market International Relations and Security Network # 8217 ; t merely the U.S. Its market extends all over the universe, from Europe, Asia and South America. One of Bristol-Myers biggest market is Eastern Europe. A Magyar company named Pharmavit develops one of Eastern Europe # 8217 ; s most popular vitamins called Plusssz. Plusssz has achieved 97 per centum name acknowledgment in Hungary. Fifty per centum of the people have used the merchandise while 24 per centum usage it on a regular basis. The Plusssz line has become so successful that Mead Johnson, Bristol-Myers planetary nutritionary concern, is test selling Plusssz for launch in the Philippines and many other parts of the universe. Plusssz has established Bristol-Myers as an instant participant in Hungary, a market that is among the most competitory in all of Eastern Europe. Similarities and Differences- There are many similarities and differences between Bristol-Myers Annual Reports, Form 10K and 10Q Reports. The one-year studies for Bristol-Myers are really colourful and elaborate. However the Form 10K and 10Q studies are non colourful but merely Fiscal Statements. The one-year study is designed for the stockholder and informs any would be purchaser. Whereas the Form10K and 10Q studies are in apparent black and white and function the intent of informing none merely the Securities and Exchange Commission ( SEC ) . It is non sent out to stockholders or would be stockholders so it isn # 8217 ; t as brassy and calendered as the one-year study. The Form 10K study has many studies inside. The 10K first begins with an debut merely as the one-year study does with a description of Bristol-Myers. It than goes into item about its merchandises much like the one-year study, nevertheless with no images or colour which the one-year study uses to its advantage. Howev er the 10K study doesn # 8217 ; t explicate in item about the merchandises. It gives a short description whereas the one-year study goes into full item about all its merchandises. After merchandises the 10K goes into item about its Domestic and Foreign operations. It starts speaking about belongingss and some of Bristol-Myers legal proceedings. The one-year study besides talks about its judicial proceeding # 8217 ; s but it hides it manner in the dorsum of the study. Largely everything from growing to success is talked about in the one-year study. After judicial proceeding # 8217 ; s the 10K goes into more about the Executive Officers, there names and ages to their place on the board. The Form 10K study is a study that is published by the financial twelvemonth while the Form 10Q study is published quarterly and the one-year study is done every twelvemonth. The Form 10K study uses a five-year fiscal sum-up. The Form 10Q studies about the company in quarters, while the one-year study summarizes the twelvemonth. In 1994, Note 1 of the Accounting rules negotiations about the Basis of Consolidation. Which merely explains that the fiscal statements have Bristol-Myers and all of its subordinates. Cash and Cash Equivalents which is the hard currency on hard currency equivalents that mature in three months or less at the clip of purchase, recorded at cost, which approximates market. Time Deposits and Marketable Securities are available for sale and are recorded at just value, which approximates cost. Inventory rating are by and large stated at mean cost, non in surplus of market. Property and Depreciation- outgos for extra reclamations and improvement # 8217 ; s are capitalized at cost, while depreciation is computed utilizing the straight-line method. The extra to be over the net assets received prior to October 31, 1970is being amortized on a straight-line footing over periods non transcending 40 old ages. The net incomes per portion are computed utilizing the weighted-average figure of portion s outstanding during the twelvemonth. Note 1 Accounting Principles is the same enemy 1995 and 1996. In 1994 Note 2 they talk about Particular Charge, which explains the judicial proceeding # 8217 ; s of the company for that twelvemonth. It is the same for 1995. In 1996 Note 2 they talk about all of there acquisitions for the twelvemonth alternatively of the judicial proceeding # 8217 ; s from the old twelvemonth cause a colony was made in 1995. For 1994 and 1995 they talk about acquisitions in Note 3. For Note 4 in 1994 and 1995 they talk about the restructuring programs for the twelvemonth. In 1994 and 1995 they explain foreign currency passage and in 1996 it is included under note 4. In 1994 and 1995 note 6 explains other income and disbursals and in 1996 they talk about there stock lists. In 1994 and 1995 note 7 contains information on proviso for income revenue enhancements, net incomes before income revenue enhancements, nevertheless in 1996 belongings, works and equipment in note 7. In 1994 and 1995 stock lists is explained for note 8, but in 1996 short-run adoption and long-run debt is the high spot for note 8. In 1994 and 1995 note 9 contains the belongings, works and equipment information, but 1996 shareholders equity is in note 9. Accrued disbursals and other liabilities are given in 1994 and 1995 for note 10, but in 1996 they talk about the fiscal instruments. In 1994 and 1995 note 11 goes on about the short term adoption and long term debt and in 1996 note 11 negotiations a small about rentals. Financial Instrument is headlined in note 12 for 1994 and 1995, nevertheless 1996goes into the section information. In 1994 and 1996 retirement benefits are e xplained in note 13, but in 1995 shareholders equity is the pick here. In 1994 and 1996 note 14 contains postretirement benefits plans other than pension, and in 1995 rental is the topic. In 1994 shareholders equity is brought up and 1995 postretirement benefits and plans other than pensions are talked about in item while in 1996 the eventualities of the litigation’s are brought up and there consequences. In 1994 note 17 contains the section information foe the companies merchandises are reported. In 1995 eventualities is the topic of the consequences of their litigation’s through the twelvemonth. And in 1994 eventualities is the concluding note 18. Note 9- Stockholders # 8217 ; Equity: On December 3,1996, Bristol-Myers Squibb board of managers authorized a two-for-one split of it common stock effectual February of 1997. The board besides recommended an amendment be considered for blessing at the one-year meeting of shareholders to increase the figure of authorised portions of common stock from 1.5 billion to 2.25 billion portions. Each of the companies preferred portions are exchangeable to 8.48 portions of common stock and is callable at the companies option. The decrease in 1996, 1995, and 1994 were a consequence due to the transition in common stock. The dividends per common stock for 1996 was $ 1.50, 1995 it was $ 1.48 and in 1994 it was $ 1.46. Stock Compensation Plans: The company allows officers, managers and cardinal employees to buy company # 8217 ; s stock at no less than 100 % of the market monetary value on the day of the month the option is granted. Options by and large become exercisable at installments of 25 % per twelvemonth and have a upper limit of 10 old ages. The program besides provides granting of stock grasp rights where the grantee may give up exercisable options and receive common stock or hard currency measured by the extra market monetary value of the common stock over the exercising monetary value. This program besides guarantees certain executives allowing of performance-based stock options. Under the TeamShare Stock Option Plan, all full clip employees, excepting cardinal executives that meet certain old ages of service demands are granted these options to buy the company # 8217 ; s common stock on the day of the month of the market monetary value. The company authorized 30,000,000 for issue under this program. As of December 31,1996, 20,250,800 options were granted under the program with 400 options granted to eligible employers. These options become exercisable on the 3rd anniversary day of the month. The company applies the Accounting Principles Board sentiment No.25, Accounting for Stock issued to Employees, in accounting for its programs. If the compensation cost for the companies other stock option programs been determined based on the just value at the grant day of the month consistent with the metrology prescribed under Statement of Financial Accounting Standards No. 123, Accounting for Stock-Based Compensation, The companies net income and net incomes per port ion would hold been reduced by $ 55 million or $ .05 per portion in 1996 and $ 35 million or $ .03 per portion in 1995. The just value of options granted in 1996 and 1995 were $ 8.51 per portion and $ 6.47 per portion utilizing the Black-Scholes option-pricing. At December 31, 1996, 104,976,640 portions of common stock was reserved for issue to the stock programs options of the preferable stock. For each outstanding portion the company gives one Right. The Right becomes exercisable if the individual or group acquires good involvement of 15 % or more, of the companies common stock. Each Right entitles the individual to purchase one one-thousandth of a portion of a series of preferable stock at the exercising monetary value of $ 200. The Right expires on December 18,1997. Each Right entitles its holder to get portions have a value twice the Right # 8217 ; s exert monetary value. The company than can deliver the Rights at $ .01 per Right at any clip until the 15th twenty-four hours after the proclamation that a 15 % place has been acquired. Note 1 Accounting Policies: Note 1 Accounting Policies are the same in all three old ages: Footing of Consolidation The amalgamate fiscal statements include the histories of Bristol-Myers Squibb Company and all of its subordinates. Cash and Cash Equivalents Cash and hard currency equivalents chiefly include securities with a adulthood of three months or less at the clip of purchase, recorded at cost, which approximates the market. Time Deposits and Market Securities Time sedimentations and marketable securities are available for sale and are recorded at just value, which approximates cost. Inventory Evaluation Inventories are by and large stated at mean cost, non in surplus of market. Capital Assets and Depreciation Outgos for add-ons, reclamations and improvement # 8217 ; s are capitalized at cost. Depreciation is by and large computed by the straight-line method based on the estimated utile lives of the related assets. Excess of cost over Net Tangible Assetss The surplus of cost over net tangibles assets receives in concern acquisitions is being amortized on a straight-line footing over periods non transcending 40 old ages. Net incomes Per Share Net incomes per common portion are computed utilizing the leaden mean figure of portions outstanding during the twelvemonth. The consequence of portions issuable under stock programs is non important. Bristol-Myers recorded a $ 310 million restructuring charge, $ 198 after revenue enhancements, in the 4th one-fourth of 1995. The restructuring had to make with the consolidation of workss, and installations related to employees expirations. The charge consisted of employee related costs of $ 190 million, $ 100 million of assets write-downs and $ 20 million of other related disbursals. Note 10 Fiscal Instruments: Bristol-Myers enter a foreign exchange option and send on the contracts to pull off its exposure to its currency fluctuations. Bristol-Myers has been exposed to foreign currency assets and liabilities, which totaled $ 1,640 million, $ 1,385 million and $ 1,117 million at December 31, 1996, 1995 and 1994. The chief currency it is in is Deutsche Markss, Gallic francs, Italian lira and Nipponese hankering. The company mitigates the currency and its consequence through 3rd party borrowers and foreign exchange forward contracts. Foreign exchange option contract normally expire within the twelvemonth and are used to fudge intercompany cargos happening during the twelvemonth. Additions are recognized in the same period as the weasel-worded minutess. Some foreign exchange forwards are used to minimise exposure to fluctuating exchange rates. Additions or losingss are recognized as weasel-worded minutess. The sums of the companies contracts at December 31, 1996, 1995 and 1994 were $ 1,331 million, $ 1,377 and $ 1,120 million. The company does non fear for any inauspicious consequence on its financials ensuing from its engagement in this. At December 31,1996, 1995, and 1994 the transporting value of all fiscal instruments, both short-run and long-run, equal the just value. Decision I found Bristol-Myers to be a really interesting company. They have a wide scope of merchandises and they are known around the universe. Whether it is in the United States or every bit far as Europe and Asia. They lead the universe in malignant neoplastic disease research, but at that place research and development goes beyond merely contending malignant neoplastic disease. They have managed to dunk at that place manus in every market in the universe. Whether it is malignant neoplastic disease research to basic nutritionary demands to hair merchandise. Everything that we might utilize and take for granted might hold been produced by Bristol-Myers or one of there subordinates. Bristol-Myers genuinely has an border in what of all time they do. Strong competition though given from there rivals like Merck and Johnson A ; Johnson will assist Bristol-Myers acquire in front. Merely with this type of competition will companies win and will the people who need there valuable medical specialt y.