Bride Wars and Year One

They get the wedding organizer they had always wanted, Marion St Clair who ends up being the wedding organizer of their bad dreams and accidently books their weddings around the same time! Neither of them will consent to change their date, so they become adversaries. As the slogan cites â€Å"Even closest companions can’t share a similar wedding day. † The cake blades are out, yet in what capacity will everything turn out? â€Å"Year One† is an American film additionally discharged in 2009, it is a case of a sentimental experience parody. It is around two clumsy Paleolithic warriors. Jack Black who plays â€Å"Zed â€Å" is an ancient would-be tracker he gets kicked out of the clan in the woods for eating the taboo natural product from the tree of information on great and insidiousness. His side kick, â€Å"Oh† played by Michael Cera is a finder and goes up to â€Å"try† and spare him. The film is about their undertakings set in the ancient time attempting to spare their two companions Maya and Eema. The two young ladies are from their previous clan and have been caught and sold into subjection, on their movements Zed and Oh meet Biblical characters in transit to the city of Sodom. Do they prevail with regards to sparing them? In spite of the fact that they are of a similar classification they couldn’t be progressively various movies. â€Å"Bride Wars† is set in the 21st century, though â€Å"Year One† is set in Paleolithic time, this implies there is an extremely huge complexity between them. Lady of the hour Wars gives the impression of being a satire from the demeanors on both the actors’ faces. They are both looking straight into each other’s eyes indicating an underhanded look with a comic smile, in a blood and gore movie there would be no hint of a comic grin. â€Å"Year One† has the style of a satire with Jack Black’s articulation being fearful and befuddled, his eyebrow is raised. Michael Cera’s outward appearance is one of stressed eyes which proposes he is simply only a side kick, and doesn’t truly have a state in what Jack will do straightaway! â€Å"Bride Wars† gives the impression of satire on the banner, you could never anticipate that ladies should have a â€Å"war† or the weapons to be cake blades. Year One† proposes that it is set in ancient occasions, the main year of man, yet the title doesn’t truly have a comic sense about it, I accept this is the reason the chief cast Jack Black to star in it, he is a very notable for his satire jobs. Individuals will realize that a film with Jack as the fundamental character will be engaging and interesting so will decide to see it on that premise. The publicizing banner for â€Å"Bride Wars† infers some sort of encounter in the plot. In â€Å"Bride Wars† the on-screen characters Kate Hudson and Anne Hathaway view their eyes of unadulterated distain. Anne Hathaway is a mainstream entertainer with female crowds all things considered. She has included in numerous different movies, for example, Princess Diaries, Ella Enchanted, Devil wears Prada and Brokeback Mountain, again she has a decent after. In the banner both youngsters are wearing wedding dresses this serves to accentuations the term â€Å"bride† to look progressively intense, The on-screen characters have their hair down, which recommend a quarrel is over to break out, as ladies about consistently have their hair up in a â€Å"updo†. The banner for â€Å"Year One† doesn’t suggest a ton, being wearing creature material identifies with the title of the film and tells the crowd that this film is set in pre-memorable occasions. This leads me to figure they may have become mixed up in an experience, their non-verbal communication appears as though they have quite recently observed something that is befuddling or stressing to them. The hues utilized in every banner have delicate tones, not all that much or eye getting. But the titles as this is the thing that catches the audience’s eye as they stroll past. â€Å"Bride Wars† utilizes the shading topic of white and cream, these hues are typically connected with weddings e. g. virtue, virgin ladies, and wedding dresses, this again accentuations the term â€Å"Bride. Year One’s topic is a desert scene with a blue sky, this recommends it’s a hot day and they may be lost. The on-screen characters are the fundamental focal point of these banners; this recommends the movies spin around them. The slogans are charming, the slogan for Bride Wars recommends an encounter inside the film, and the slogan for â€Å"Year One† doesn’t give any pieces of information to the plot of the film. This makes the individual perusing the banner need to get familiar with these slogans and what occurs in the film, these assistance to catch the audience’s eye to ideally take a brief trip and see the film to discover progressively about them. The strong content in the â€Å"Year One† banner against the desert foundation makes the content hang out in the banner and grab individuals attention through their eyes. The â€Å"Bride Wars† message on the word lady of the hour is like the content utilized on wedding solicitations and further relates back to the film title. I think the two banners have an intended interest group. Lady of the hour Wars is focused on female adolescents and furthermore would be speaking to female grown-ups for what it's worth about affection and marriage. It is a female film, these are some of the time alluded to as â€Å"chick flicks. † Year One is to a greater degree an adolescents film, not exactly as girly as Bride Wars so may speak to a more extensive crowd. Young people are huge devotees of comedies and new films that have quite recently been discharged, they believe they can identify with them as they are happy and not genuine. These banners illuminate their target group about the film, they attempt to tempt them with captivating slogans that make the peruser intrigued and needing to see the film, and as is commonly said â€Å"curiosity murdered the feline. † They likewise educate individuals about the name, age testament, class, on-screen characters, and chief, attempting to convince them inside and out they can to see their film, to make it a triumph. All in all the banners are about as various as the movies, â€Å"Year One† parts with almost no about what will occur in the film so individuals will be interested to discover more, and maybe look into the film or talk about with companions what it’s about. Informal exchange is the best advert so getting individuals to discuss the film is a fundamental objective for the banner. Then again the banner for â€Å"Bride Wars† tells you the plot of the film, so when individuals see it they can settle on an immediate arrangements whether it intrigues them or not. Seeing two ladies holding blades makes your creative mind run and you simply need to comprehend what will occur. The two banners have an alternate objective market, which clarifies why they are so unique as they are custom fitted to speak to various crowds. The banners need to catch and get the eye and interest of the individuals that they are focused on and at last urge them to need to take a brief trip and see the film. Ideally subsequent to seeing the film they will hand-off their encounters and pleasure to others and that will lure them to see the film as well! Lady of the hour Wars and Year One They get the wedding organizer they had always wanted, Marion St Clair who ends up being the wedding organizer of their bad dreams and accidently books their weddings around the same time! Neither of them will consent to change their date, so they become adversaries. As the slogan cites â€Å"Even closest companions can’t share a similar wedding day. † The cake blades are out, however by what means will everything turn out? â€Å"Year One† is an American film additionally discharged in 2009, it is a case of a sentimental experience parody. It is around two clumsy Paleolithic warriors. Jack Black who plays â€Å"Zed â€Å" is an ancient would-be tracker he gets kicked out of the clan in the backwoods for eating the illegal natural product from the tree of information on great and fiendishness. His side kick, â€Å"Oh† played by Michael Cera is a finder and goes up to â€Å"try† and spare him. The film is about their undertakings set in the ancient period attempting to spare their two companions Maya and Eema. The two young ladies are from their previous clan and have been caught and sold into subjection, on their movements Zed and Oh meet Biblical characters in transit to the city of Sodom. Do they prevail with regards to sparing them? In spite of the fact that they are of a similar sort they couldn’t be progressively various movies. â€Å"Bride Wars† is set in the 21st century, while â€Å"Year One† is set in Paleolithic time, this implies there is an extremely huge difference between them. Lady of the hour Wars gives the impression of being a satire from the appearances on both the actors’ faces. They are both looking straight into each other’s eyes demonstrating an underhanded look with a comic smile, in a blood and gore movie there would be no hint of a comic grin. â€Å"Year One† has the style of a satire with Jack Black’s articulation being troubled and befuddled, his eyebrow is raised. Michael Cera’s outward appearance is one of stressed eyes which proposes he is simply only a side kick, and doesn’t truly have a state in what Jack will do straightaway! â€Å"Bride Wars† gives the impression of parody on the banner, you could never anticipate that ladies should have a â€Å"war† or the weapons to be cake blades. Year One† recommends that it is set in ancient occasions, the primary year of man, however the title doesn’t truly have a comic sense about it, I accept this is the reason the executive cast Jack Black to star in it, he is a very notable for his satire jobs. Individuals will realize that a film with Jack as the fundamental character will be engaging and amusing so will decide to see it on that premise. The publicizing banner for â€Å"Bride Wars† infers some sort of showdown in the plot. In â€Å"Bride Wars† the on-screen characters Kate Hudson and Anne Hathaway view their eyes of unadulterated distain. Anne Hathaway is a well known entertainer with female crowds all things considered. She has accomplishment

Deductive and Inductive Methods of Research Essay

In the mission for intelligent, acceptable and certain logical answers there are two fundamental techniques for thinking used to move toward the topic to be examined. These are known as the deductive and the inductive methodologies. The two methodologies give very various lines of assault when endeavoring to demonstrate or refute social speculations. The data that is assembled is utilized by social work scientists as supporting proof to set up associations among hypotheses and experimental information. Rafael Engel and Russell Schutt, The Practice of Research in Social Work, clarify â€Å"Theories assist us with seeing how social issues develop; they manage us in the structure of intercessions to support people, gatherings or communities†(Rafael. Schutt. 2005. p. 39). On account of deductive thinking contemplates the examination is started from a hypothetical premise, concentrated on a theme, and afterward limited to a; ‘If-Then’ speculations that can be tried. Research is led to accumulate information through perceptions, to affirm or invalidate the theories. Inductive thinking is it might be said a converse report, for what it's worth through perceptions made that have at first gotten on specific patterns, or set up regularities that the theories or hypothesis is created. In the field of Social work examine it isn't at all unprecedented to use the two techniques for research, and Engel and Schutt allude to this as the â€Å"Research Circle† (2005. p. 45). Research regularly includes factors, and theories frequently should face numerous investigations to show up at a definitive answer. The creators refer to the Sherman and Berk’s, 1984, investigation of abusive behavior at home â€Å"as a case of how the exploration circle works†(2005. p. 43). They said that originally dependent on information with respect to spousal maltreatment a speculation was created in regards to capture rates. After information was examined that related with the hypothesis, the examination was then caught up with inductive research dependent on the insights of the information assembled. As noted frequently the analysts will circumvent the circle various time, as Sherman and Berk’s study did, modifying factors and strategies, to test a huge number of theories. As per Engel and Schutt the â€Å"Inductive research process is all the more frequently the methodology utilized in subjective methods† (2005. p. 38), and that deductive is â€Å"Most regularly utilized in quantitative methods† (2005. p. 38).

3 Video-Ideas of Funny School Speeches

Life is not always funny, especially the student life. Right? However, you can laugh in different situations while being a student, for example, with your friends or professors. Yes, there are those tutors who apply â€Å"the funny lecturer† strategy to construct friendly relationships with students. Did you know that we are about 30 times more likely to laugh when we are with our friends or just in a company with other people? According to Robert R. Provine’s scientific study on laughter, that’s really true because laughter is a social signal. Moreover, it is notorious that you can get some health benefits of laughter. At this point, there is no reason not to laugh. Asking yourself, â€Å"What to do with my assignments at school?† Should you laugh when you want to cry over them? We’re sure that it isn’t any way out at all. Go on working on them by adding fun and humor to your essays and speeches. Make them more amusing and, as it appears, make people healthier. Additionally, you will notice that it will be more interesting to complete an assignment that is humorous and simpler to present it in front of the audience as a laughter; isn’t it a good way to break the ice. Let’s watch some funny school speeches that will prove our theory and help see how the above-mentioned tips can be applied in practice. 1. A Cool School Speech â€Å"Hot Dogs Are Dangerous!† This guy talks about serious issues like the low quality of sausages, harmful additives, and possible consequences of eating processed meat products. It is interesting to listen to this speech because of many reasons: The lively speaker is interested in delivering a speech on a hot topic â€Å"Healthy Eating†; The speech content is well-prepared in advance; The effective speech delivery techniques are used to present a topic in front of many people and persuade them at the same time. Did you notice a funny component in the given speech? Humor really works well even in relation to serious issues. It doesn’t diminish the importance of the topic. On the contrary, a speaker manages to promote a healthy lifestyle in a persuasive way. He uses great comparisons like in the sentence, â€Å"What if I told you that next time you eat a hot dog, you might be eating a part of a rat as well?† Besides, some hilarious comments and vivid examples of the consequences of consuming hot dogs make the listeners let out a chuckle over themselves. 2. A Persuasive School Speech â€Å"Vikings Rock!† Running for the president of a senior class? Do it as this guy does. A well-prepared/delivered speech is a success factor. What does it involve? Look! A well-structured speech. With a good speech structure, there are fewer chances to veer off the topic. Focus more on the content of the speech body. A hook. It is essential to keep the audiences attention throughout your speech. You can follow one of 12 ways to hook an audience in 30 seconds. The right tone of speaking. You should understand thoroughly who is your target audience and what they want to hear from you. In this case, a speaker is able to meet the expectations of his listeners: he explains clearly why he is a potential presidential candidate. A strong end of the speech. Usually, it happens that it is difficult to recollect what the speech focus is about. For that reason, every speaker needs to end up with a strong end, whether it’s a call to action or a summary of the main points. This speaker manges to tackle the task to the maximum (we hope he eventually got elected). He doesn’t lack self-confidence while speaking. Look at him again. When he is speaking about his smartness and tells people about his interests (Vikings are cool!). It is important to say something ridiculous as if you’re absolutely serious. What do you need to win the leadership election? Right, there should be an effective persuasive speech at hand! 3. An Unusual Speech of a Lecturer â€Å"Bees Are Scary† Unfortunately, most public speakers neglect the performance skills that can engage and move the audience. Instead of using these skills, they tend to gather a lot of information and organize the content. Indeed, it isn’t bad. At the same time, we need to emphasize the need to use the acting techniques to make your speeches fresh, powerful, and memorable. Using the acting skills and visualization of some speech elements is a great idea while comparing or presenting some concepts. This speaker tries out this way of the speech presentation while discussing bees and their job duties. Why not try out the funny way of speaking yourself? You may seem comic, but if you want your speech to be funny, that’s exactly what you need. Imitating a bee? Checked. Drawing funny pictures to demonstrate your examples? Checked. Showing the technique of how bees fly? Double checked! Public speaking causes the fear in many speakers. However, knowing that you have a great funny speech to deliver alleviates the speaking anxiety. Look at the funny school speech examples and get inspired! Then take into consideration the complete guide on a humorous speech in which you’ll find 10 ways how to add humor to your speech, plus a free ebook. Something hilarious and effective will certainly come out of it. ☠º 5.00 avg. rating (97% score) - 2 votes

The Downfall Of Sophocles Oedipus The King - 815 Words

Name: Ebtesam Alenazi Class Name: Eng-1102 Instructor Name: Dr. Nader Date: 09 October, 2015 The Downfall of Oedipus In Sophocles Oedipus the King, the topics of fate and free will are exceptionally solid all through the play and. Both focuses could be contended to extraordinary impact. In old Greece, fate was thought to be a simple piece of everyday life. Each part of life depended and was based upon fate. It is nature conviction to accept that humankind does in reality have Free will and every individual can choose the result of his or her life. All Oedipus actions are given to him by God So, fate and free will control his downfall. Oedipus the King is an anecdote around a noticeable ruler torn by Destiny and the impact his own behavior has upon his fate. We can gain much from the disastrous story of Oedipus, why he unknowingly murders his dad, and to wed and has youngsters with his own mom. When Oedipus is educated of this prescience, he tries urgently to escape it by running from the place where he grew up and notwithstanding staying away from his assumed folks. In spite of the fact that he may not understand it, Oedipus own particular activities add to his Downfall; it is his egotistical irritability and his extreme pride that makes him settle on the choices that set the course of occasions that lead him to his own fate, as well as to the fate he was attempting so urgently to avoid. In spite of the wayShow MoreRelatedThe Tragic Downfall Of Oedipus The King By Sophocles924 Words   |  4 Pagesliterature, characters often have flaws that lead to a tragic downfall. One of these tragic flaws is hubris, which is defined as â€Å"exaggerated pride or self-confidence† (Merriam-Webster). This trait is most commonly found in characters who come to power and allow themselves to be consumed by their newfound hierarchy. The play Oedipus the King by Sophocles embodies the trait and displays it in different ways throughout the story. Oedipus is a victim of hubris as seen when he disregards the prophecyRead MoreOedipus-a Tragic Hero706 Words   |  3 PagesRunning head: Oedipus-A Tragic Hero Research Paper ENGL 102: Literature and Composition) Fall 2015 Melinda Meeds L26683811 APA Outline Thesis: In Sophocles’ â€Å"Oedipus†, Oedipus is exemplified as a tragic hero according to Aristotle’s definition because his story appeals to the reader’s humanity in the way he maintains his strengths after inadvertently causing his own downfall. I. Oedipus A. The noble birth. B. Describe Oedipus’ character. II. Tragedy A. DescribeRead More tragoed Oedipus as the Ideal Tragic Hero of Oedipus the King (Oedipus Rex)1217 Words   |  5 PagesOedipus as the Ideal Tragic Hero of Oedipus the King In the introduction to Sophocles Oedipus the King, Sophocles defines a tragic hero as one who [behaves] admirably as a man, [but who] is nevertheless tripped up by forces beyond his control and understanding... (Sophocles 76).   In Oedipus the King, Oedipus is the tragic hero. The force that trips up the hero is fate, or, moira. It is Oedipuss actions that set the events into motion,   but it is ultimately his fate, and his attemptedRead MoreEssay about Oedipus: A Tragic Hero677 Words   |  3 Pages Oedipus: A Tragic Hero Oedipus Rex, or Oedipus the King is Sophocles’s first play of â€Å"The Theban Cycle.† It tells the story of a king that tries to escape his fate, but by doing so he only brings about his downfall. Oedipus is a classic example of the Aristotelian definition of a tragic hero. Aristotle defines a tragic hero as a basically good and noble person who causes his own downfall due to a flaw in his character. Oedipus is a man of noble blood; his parents, who raised himRead MoreThe Tragic Hero of Oedipus Rex Essay1383 Words   |  6 PagesThe Tragic Hero of Oedipus Rex According to the ancient Greeks and Aristotle the hero is a person who possesses superior qualities of mind and body, and who proves his superiority by doing great deeds of valor, strength, or intellect. In Sophocles Oedipus Rex the main character Oedipus possesses these characteristics of a true hero, which in turn lead to his self-destruction. In the beginning of the play Oedipuss great intellect is made known by the chorus who see him as someone who hasRead MoreOedipus The King : Dramatic Irony Greatly Influenced The Audience s Perception Of Oedipus1017 Words   |  5 Pages Tenzin.Youden In Sophocles’ play â€Å"Oedipus the King†, dramatic irony greatly influences the audience’s perception of Oedipus. When creating Oedipus the King, Sophocles understood that his audience would know the outcome of the play before the completion, so he was determined to create a play, which was interesting, yet deliberately revealing at the same time. Sophocles purposely provided explicit scenes within the play that was incredibly ironicRead MoreOedipus As A Tragic Hero1094 Words   |  5 PagesIn the play Oedipus the King, Oedipus struggles to accept the truth and lets his temper over power him. He can be displayed as a tragic hero. His refusal to accept the truth led to Oedipus’ down fall. A tragic hero, as defined by Aristotle, â€Å"is a literary character who makes a judgment error that inevitably leads to his/her own destruction.† Sophocles’ Oedipus exemplifies Aristotle’s definition of a tragic hero. In the play, Oedipus unknowingly has cursed the entire town of Thebes. He was cursedRead MoreAssessment Of Knowledge In Oedipus The King733 Words   |  3 PagesIn Sophocles’ play, â€Å"Oedipus the King†, he makes an assessment of knowledge and its effects on the human psyche. To him, knowledge can shape not only a person’s life, but their character, morals and ideals as well. The play emphasizes this through Oedipus, the main character, as someone whose life is impacted by his pursuit knowledge, which, in turn, transforms his character. Consequently, Sophocles’ assessment of knowledge, as a gift, burden, and an absolute truth, is ascertained through Oedipus’Read MoreThe Tragic Ending Of King Oedipus1060 Words   |  5 PagesMrs. Gauen 27 October 2014 The Tragic Ending of King Oedipus Following the victories of the Greeks invading the Persians at Marathon in 490 B.C. and Salamis in 480 B.C., Athens experienced a period of social optimism and period expansion during the first half of the fifth century B.C. The second half of the fifth century B.C. was also very successful in that Athenians tremendously developed culturally and intellectually. This was the era of Sophocles and a period where everything and anything seemedRead MoreOedipus The King Analysis896 Words   |  4 PagesIn Oedipus the King, Sophocles uses his protagonist, Oedipus, to explore his pursuit of knowledge, which leads to his tragic destruction. Oedipus is a favorable king who is determined to end the curse that has been brought upon the city because the murderer of his predecessor, Laius, still lies in the city. Ironically, Oedipus delivers the curse to the city because he murdered his father, Laius. Oedipus’s desire to gain knowledge and bring the murderer of Laius to justice, results in his downfall

History And Epidemiology Of The Drug - 1314 Words

History and Epidemiology of the Drug Propofol was originally available in 1986 and has been used as an anesthesia, for â€Å"short sedation in endoscopies and cardioversions, and for long-term sedations in intensive care units and also used for rapid opiate detoxification†(Bonnet, 2012). Propofol is used, unapproved by the FDA, as pain reliever for severe chronic headaches and as a sleep aid for insomnia. The Pharmacology, How does it work in the system Propofol’s actions at multiple receptor subtypes account for its potential for misuse/abuse and its lethality in overdose. Propofol alters ventral striatal dopamine. This alteration explains propofol’s addictive properties. Propofol acts at gamma-amino butyric acid receptors and N-methyl-d-aspartate type glutamatergic receptors. Propofol’s actions on GABA and glutamate neurotransmitters that are critical for influencing level of arousal and consciousness, likely account for its anesthetic properties and lethality in overdose. Propofol rapidly redistributes from the plasma into highly perfused brain tissue, and rapid redistribution into adipose tissue accounts for its short duration of action. Propofol has an extremely narrow therapeutic index related to the small dosing window between euphoria and apnea. Propofol is metabolized in the liver through glucuronidation and is renally excreted. (Monroe,2011) The effects of Propofol can be divided into sections. Propofol has sedative effects based on the dosage. It also hasShow MoreRelatedA Good Health System Successfully Delivers Treatment And Prevent Disease1599 Words   |  7 Pages Epidemiology of Health Sciences Mounika ELP: 500 NATIONAL UNIVERSITY Dr. Cruz September 22, 2014 Abstract A good health system successfully delivers treatment and prevent disease. There is rapid growth in health care service sector. This research describes out of our experience of teaching epidemiology both in public health and health programs. This document refers to the epidemiology of public health by researching with different aspects and also how department of health stateRead MoreThe Role Of Lifestyle On Influencing Our Health1241 Words   |  5 PagesThis essay will talk about the role lifestyle plays on influencing our health and in the development of diseases. It will include in it what health is, lifestyle epidemiology going into the details of 3 illnesses in details. WHAT IS HEALTH The World Health Organisation (WHO) defined health as a state of complete physical, mental and social well-being and not merely the absence of diseases or infirmity. It is a positive concept focusing on social and personal resources as we as physical strengthRead MoreEpidemiology Is The Branch Of Medicine1057 Words   |  5 PagesEpidemiology Epidemiology is the branch of medicine that deals with the incidence, distribution, and possible control of diseases and other factors relating to health (Schneider, 8). In 1847, a Viennese obstetrician by the name of Ignac Semmelweis discovered the importance of handwashing in a hospital setting (Gawande, 15). Before the discovery of antibiotics, childbed fever was the number one cause of maternal death in childbirth. Semmelweis realized by not washing their hands, doctors were theRead MoreDeterminants Of The Disease / Health Condition1750 Words   |  7 Pagesdiscussed in the article (2 points) Two main determinants of health in this article are behaviors of the community and socioeconomic status of the community. The behaviors include injection drug use and needles because theses actions bring about a change in health for the user (Friis Sellers, 2014). Many drug users were sharing needles spreading diseases such as AIDS and causing the largest HIV outbreak that Indiana had ever experienced (Harper, 2015). Another determinant would be the socioeconomicRead MoreEpidemiology Paper1518 Words   |  7 Pageshead: Epidemiology paper: Tuberculosis Epidemiology Paper: Tuberculosis Richard Doria Grand Canyon University NRS-427V October 5, 2014 Epidemiology Paper: Tuberculosis â€Å"Tuberculosis (TB), a multisystem disease with myriad presentations and manifestations, is the most common cause of infectious disease–related mortality worldwide. Although TB rates are decreasing in the United States, the disease is becoming more common in many parts of the world. In addition, the prevalence of drug-resistantRead MoreThe Hot Zone By Richard Preston Essay1498 Words   |  6 Pagescourses in public health, Biostatistics, and epidemiology to prepare for graduate school and to confirm my interest. Fostering my interest in data analysis led me to learn python and R programming languages. 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Once I was able to answer that question, It became abundantly apparent that Public Health was the field I needed to pursue. My first true introduction to Public Health came in an Epidemiology class I took my junior year at Portland State University. In taking this class, it became apparent to me that chronic diseases are now our worlds biggest burden and that the health of our population against these diseases begins with preventionRead MoreThe Addiction Epidemic Of Substance Abuse Essay1699 Words   |  7 Pagesadvantage has been around since the beginning of documented history. Contemporary use of prescription medication for these advantages has led to a national epidemic of substance abuse. Health care providers need to recognize the disease process of addiction in order to effectively combat the growing epidemic of substance use disorders (SUD). Strategies to decrease the prevalence and incidence of SUD include defining addiction, understanding epidemiology, evaluating treatment options and decreasing stigmatismRead MoreThe Epidemic Of Thailand Kingdom1477 Words   |  6 Pageswere found among men who had sex with men in 1984 (4,5), then followed by the case among injecting drug users in 1988, but the most concerning group is commercial sex worker (2). After the first national sentinel survey conducted in 1989, it appears that the heterosexual transmission through sexual activity with sex worker was the predominant mode of transmission followed by the injecting drug transmission (4). Despite the fact that the incidence was quite high in Thailand, but Thailand also acknowledged

The Bars and the Bridge Essay Example For Students

The Bars and the Bridge Essay In Ernest Bucklers The Bars and the Bridge, the protagonist, stuck between adoration and fear of his father, endures the ignorance of the man whose affection he longs for more than anything. The father and son exchanged almost the same awkward words every time(4). Due to this, the father and son were such strangers that if the father commanded him it would be more embarrassing than disciplinary(2). The father and son never had any physical contact, which shows the differences between them. The first piece of evidence towards the conclusion that supports the narrators feeling that the major gaps in the father-son relationship have been bridged is when the father lifts the son and carries him to the garden. In the beginning of the story, the son preludes us with his childhood relationship and says, In a neighbours house of a Sunday afternoon I might stand nearer to him than to anyone else; but I never got onto his lap like the other kids got onto their fathers laps. The son tells us that his relationship with his father was so abnormal that even touching him was difficult task to accomplish. However, after a while, its not the son who initiates contact with the father, its the father who initiates contact with the son by carrying him, instead of making him walk to the garden. This shows how much the father really cared for the son and how long the son desired his father to do something like this, by letting his father carry him without protest. The second piece of evidence is when the accident which stirred up the fathers feelings for his son, which were covered by his cold and rigid attitude. The distances kept on increasing. The rigidity and stiffness of fathers personality was responded by sons reserved behaviour. But after the accident when the father sees his son in vulnerable condition, the warmth and love expressed by him by holding his son, broke the silence between the two. There was a sudden compact between them since the stiffness that defined the relationship he had always had with his father had disappeared the minute that the replica of that horses shoe had been stamped to his right eye. Towards the end of the story, the narrator notes, Neither of seemed to be the first to make the motion, but half way there found that was holding hands(6), showing them to be not aware of their closeness. The holding of hands is the sign narrator uses as evidence of bridging the gap between the two. As a result, the day that it all changes, the kid is forever marked; but not only is the mark emotional and mental, but physical as well. The narrator even admits it himself, as he begins his story with the mention of how, upon following his fathers orders, he received Two scars bracketed right eye. Immediately after, he summarizes the change in the punctuation of life that occurred that night. The son met an accident which helped bridging their gaps between the father and son. The accident stirred up the fathers feelings for his son, which were covered by his cold and rigid attitude. The distances kept on increasing. The rigidity and stiffness of fathers personality was responded by sons reserved behaviour. But after the accident when the father sees his son in vulnerable condition, the warmth and love expressed by him by holding his son, broke the silence between the two. There was a sudden compact between them since the stiffness that defined the relationship he had always had with his father had disappeared the minute that the replica of that horses shoe had been stamped to his right eye. Towards the end of the story, the narrator notes, Neither of seemed to be the first to make the motion, but half way there found that was holding hands(6), showing them to be not aware of their closeness. The holding of hands is the sign narrator uses as evidence of bridging the gap between the two. .u2040b1eab157b9f8a769f29109caf9b9 , .u2040b1eab157b9f8a769f29109caf9b9 .postImageUrl , .u2040b1eab157b9f8a769f29109caf9b9 .centered-text-area { min-height: 80px; position: relative; } .u2040b1eab157b9f8a769f29109caf9b9 , .u2040b1eab157b9f8a769f29109caf9b9:hover , .u2040b1eab157b9f8a769f29109caf9b9:visited , .u2040b1eab157b9f8a769f29109caf9b9:active { border:0!important; } .u2040b1eab157b9f8a769f29109caf9b9 .clearfix:after { content: ""; display: table; clear: both; } .u2040b1eab157b9f8a769f29109caf9b9 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u2040b1eab157b9f8a769f29109caf9b9:active , .u2040b1eab157b9f8a769f29109caf9b9:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u2040b1eab157b9f8a769f29109caf9b9 .centered-text-area { width: 100%; position: relative ; } .u2040b1eab157b9f8a769f29109caf9b9 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u2040b1eab157b9f8a769f29109caf9b9 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u2040b1eab157b9f8a769f29109caf9b9 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u2040b1eab157b9f8a769f29109caf9b9:hover .ctaButton { background-color: #34495E!important; } .u2040b1eab157b9f8a769f29109caf9b9 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u2040b1eab157b9f8a769f29109caf9b9 .u2040b1eab157b9f8a769f29109caf9b9-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u2040b1eab157b9f8a769f29109caf9b9:after { content: ""; display: block; clear: both; } READ: Harrison Bergeron EssayThe first piece of evidence towards the conclusion that supports the narrators feeling that the major gaps in the father-son relationship have been bridged is when the gather lifts the son and carries him to the garden. In the beginning of the story, the son preludes us with his childhood relationship and says, In a neighbours house of a Sunday afternoon I might stand nearer to him than to anyone else; but I never got onto his lap like the other kids got onto their fathers laps. The son tells us that his relationship with his father was so abnormal that even touching him was difficult task to accomplish. However, after a while, its not the son who initiates contact with the father, its the father who initiates contact with the son by carrying him, instead of making him walk to the garden. This shows how much the father really cared for the son and how long the son desired his father to do something like this, by letting his father carry him without protest.

Managing Financial Performance †Beyond Budgeting Movement

Introduction Beyond budgeting movement is founded by the Beyond Budgeting Round Table organization in respond to shortcomings encountered with the use of traditional budgets. The traditional budgets are the annual budgets that organizations use to allocate resources and plan and implement in a fiscal year.Advertising We will write a custom critical writing sample on Managing Financial Performance – Beyond Budgeting Movement specifically for you for only $16.05 $11/page Learn More An investigation was conducted by ‘Beyond Budgeting Round Table organization’ to establish the effectiveness of the traditional budget. Their findings formed a base to justify their ideas on beyond budgeting. The Beyond Budgeting Round Table organization is a movement that advocates for exchange of ideas concerning business management by giving out experiences as well as utilize research findings. The aim of the movement is to â€Å"help organizations introd uce ways to achieve more adaptive control and continuous planning† (Beyond budgeting Round Table, 2005, pp 1). Beyond budgeting movement incorporates the community using ideas that will enable organizations survive in a competitive surroundings. This paper will critically discuss how the traditional budget is inappropriate for modern business while the beyond budgeting movement is effective for modern business. Discussion of Beyond Budgeting Movement There are two group of doctrines that the beyond budgeting movement believe in. The First doctrines focus on the process of management while the second doctrines focus on the leadership of the organization. The process entails incremental growth in the objectives of the organizations where individual employers receive rewards on projects completed. The capital for a project is given upon request and the employees coordinate their activities towards a common goal. The leadership on the other hand is transparent and it encourages a tradition of achievements. The leadership let the employee make own targets and take responsibility of the outcome. The communication is open and shared within the organization. The procedure put more emphasis on how to satisfy the consumer needs by investigating their mannerisms and their beliefsAdvertising Looking for critical writing on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The movement argues that the inflexibility of the official procedure within organization is detrimental to the growth of an institution. The processes that cause delays due to long processes of business can be changed to allow for flexibility. In return the organization will experience enlargement. Additionally the organization upon embracing the beyond budgeting movement becomes accustomed to the transforming environment and in response increase the profits for the company. Operating cost incurred as a result of the hierarchical structure of the traditional organization structure is reduced as the procedure is decentralized (Beyond budgeting Round Table, 2005, pp 1). However, the beyond budgeting movement are effective in a dynamic environment. In an environment where the environment is predictable the traditional budget can be effective as long as the customer’s needs are met (Perks and Leiwy, 2010 p17). In accordance with Daum (2007, Para 2) the traditional annual budgeting is ineffective in the modern world. The process is void of incentives to workers and consumes a lot of time without fulfilling its targets. The organization is easily carried away by politics within the organization where the workers are preoccupied with personal success rather than the success of the organizational goals. The budget itself has limitations because it does not adjust to the surrounding environment; what is planed has to be followed. The company’s expansion or growth cannot be limited by the budget. Beyond budgeting movements encourage strategy with aspirations that guide the organization. It is noted by Daum (2007, Para 4) that the budgetary mechanisms raises a suspicious way of interaction among workers. Constrains within the organization emerge when there are changes within the market environment. For instance if the organization is required to introduce a marketing strategy when the products are not selling, the organization deals with the problem incongruously. Therefore, the business organizations can manage to maintain their expected income as well as stay at the top in competition if the organization embraces beyond budgeting.Advertising We will write a custom critical writing sample on Managing Financial Performance – Beyond Budgeting Movement specifically for you for only $16.05 $11/page Learn More Beyond budgeting movement entails making the distribution of resources flexible whenever market trends change. This will enable business to maximize on profits as resources are allocated according to the needs of the consumer, thus what the consumer wants is produced (Daum, 2007, Para 4). Beyond budgeting Round Table organization (2005, pp 1) argue that the beyond budgeting model does not exclude planning, instead it is a solution to the failure of the traditional budgets that has driven companies to do quarterly and short-range budgets. Therefore, the beyond budgeting model is a strategy that an organization can adopt to avoid making losses. As a result, the organizations are not affected by the irregular market drift that leave the organization with a deficit. The traditional annual budgets that were fixed where meeting the target was of high value is replaced by overall goals set by the executive and articulated by the workers who make their own targets in line with the overall goals. Most often as Beyond Budgeting Round Table Organization (2005, p 4) note the executive had pressure to meet targets that were the measurement and rewards in the traditional budget, at times the engaged in manipulative behavior. With the beyond budgeting movement, the executive have no predetermined targets hence the manipulative behavior is turned into rewards given upon assessment of the organizations advancement. Dyson (2009, p. 8) indicate that the traditional budget give a false hypothesis that future is taken care of in the budget whereas shortly after the financial the organization encounters budgetary difficulties. The beyond budgeting movement recognizes that budgetary evaluation is done after short period of time to monitor steps forward. The workers are involved in the development and implementation of the organizational goals while taking the shortest period of time.Advertising Looking for critical writing on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More For that reason unpleasant long process that involved long term planning from the head offices in traditional budgeting is withdrawn (Beyond Budgeting Round Table Organization 2005, p 4). Proctor (2009, p 24) mentioned that the accountant control of the budgeting process is does not resign from doing management, the focus is shifted to managing strategies as they are implemented with the beyond budgeting model. Beyond Budgeting Round Table Organization (2005, p 4) in their research point out that resources are disbursed within a short period of time since the long process that required authorization from the central authorities in the organization are not needed. The members of staff are held responsible of their actions. Therefore, the decisions they make on allocation of resources must be based on established results from an inquiries. Consequently, the organization observes less wastage. The challenge of letting employee who make own targets can result into excessive pressure fro m the top management. The targets might be too high and demanding on the employees. Consequently, they may feel pressured leading to stress and at times departure from the organization. The targets set must therefore be realistic and attainable. Activities are coordinated towards meeting the customer demands within each unit. Accordingly, different departments harmonize their actions to give a fulfilling outcome to the market. In addition the focus on the budget is founded on the future rather than the past. Rarely do the beyond budgeting trace past budget to prepare a budget for the future. To measure progress, indicators of success and the evaluation according to standards are used Beyond Budgeting Round Table Organization (2005, p 6). The employees become motivated as they participate in decision making hence their loyalty remain with the organizational goals rather their superiors. The outcome is quality performance as responsibility is bestowed on the employees in areas within their mandate. Furthermore efficiency and effectiveness are realized on an improvement scale. Dependency on the central management is abandoned as the employees can make decisions stimulating innovativeness although a greater risk is imposed on the organization. This is due to the fact that a wrong decision might cost the organization severe losses. Furthermore, the team is answerable and reward able for the successes in the institute. This means that there is devolution of the authority within the organization (Beyond Budgeting Round Table Organization, 2005, p 9). Working in teams cause employees to have attachment to the organization and introduce healthy competition that create positive results in production and contentment of consumer demands. There are no intentional transactions or trading that the company must carry out. Besides healthy competition, the employee’s communication is improved when compared to the time when the traditional budget was in use. There is info rmation flow with the introduction of the beyond budgeting movement. The connection between the management and the employees has taken a new shape where the workers make few consultations with the top managers. The employees usually make decision without constantly consulting the managers. The employees make use of the information to make informed decisions alongside with clarity in operations. What’s more is that morals are held up as the tradition of secretively hiding reality and presentation of inaccurate information is no longer in practice Beyond Budgeting Round Table Organization (2005, p 9). The challenge comes in when the information is used to create games within the organization. These games may lead to disputes within the organization where resources allocation is based on unfair competition and create end up recalling the abandoned games practiced in the traditional budget. At times, some groups may end up without projects since employees must work to give an out put. Those left without the projects may end up being retrenched or lose their jobs. Conclusion For an organization to be successful, it can adopt the beyond budgeting model to realize growth in the changing environment. The market is unpredictable and has increasing competitors in the business. In order to stay at the top the budget can be made flexible and evaluated on shorter basis. The hierarchy and lack of information flow that characterize the budgetary process can be substitute to devolution where the employees can make decisions using the information available. This motivates employees to make own targets that are innovative. The leaders have to be realistic in setting attainable targets while ensuring that resources are allocated on merit to avoid games. The beyond budgeting movement help organization to avoid making losses and use their full potential to gain profits. Reference List Beyond Budgeting Round Table Organization. 2005. Finance Transformation Visionary  Honore d for his Dedication to the Beyond Budgeting Movement.  Web. Daum, J. H., 2007. Beyond Budgeting: A model for flexible enterprise control-  Beyond fixed annual budget and ineffective traditional management concepts. Web. Dyson, J R., 2009. Accounting for Non-Accounting Students, 8th edition, FT; Prentice Hall. Perks, R, and Leiwy, D., 2010. Accounting for Managers Interpreting Accounting  Information Decision Making, 3rd edition. New York: McGraw Hill. Proctor, R., 2009. Managerial Accounting for Business Decisions, 3rd edition. New Jersey: Prentice Hall. This critical writing on Managing Financial Performance – Beyond Budgeting Movement was written and submitted by user Mina Lester to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Yield Management in Hotels

Yield Management in Hotels Examination of the concept and procedure of yield management used in the hotel industry today Examination of the concept of yield management in the flourishing hotel industry is extremely essential in obtaining maximum yields from this industry. I will commence by explaining in much details what we mean by yield management especially in the hotel industry. To be precise, this term generally refers to an activity greatly used in the lodging and transportation industries in an attempt to maximize profit.Advertising We will write a custom report sample on Yield Management in Hotels specifically for you for only $16.05 $11/page Learn More It is generally a measure to skyrocket revenues and the profits. It refers to a procedure that deals with establishment of different prices for the services that are the same and then subsequent allocation of these services in a manner that increases the revenue. Within a hotel set up, there should be a preliminary way of room allocation for a given period. This measure will ensure that there are many alternatives in terms of pricing. This will result into accountability for all the rooms found in that particular hotel (Kumar 2010). Yield management concept has never been new to hoteliers. Both staff with much experience and those with little experience carry out this practice. They do this with a talent that is variable. They anticipate demand that is overall for given periods like days, weeks or even years. Revenue/yield management is normally a discipline that is economic in nature. It is normally relevant to a myriad of industries that offer service to clients. In this case, service segments in the market pricing are added to analyze statistics. This enhances expansion of the market for an increase in the revenue or yield per each unit of capacity. Forecasting of demand characterizes management of yields in hotels. It utilizes optimal procedures in the determination of requests on booking to comply wi th the objective of maximizing profit. Nearly all main hotel chains like Hilton practice simple or compound yield management procedures. This is to ensure maintenance of control systems in the inventory. These hotels have come up with their own hardware and software measurements combined with corporate systems in screening of the market for profit maximization (Ismael 2002). Strategies used in hotels to maximize occupancy and maximum rate to achieve maximum revenue In order to maximize profits, serious hoteliers pay a lot of attention to the following key areas: Bookings, cash flow, and customers. In most cases, they are the top and key areas for the hotelier to ensure profit maximization. The hotelier should put the above items into reality in order to make them tangible and functional.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More They also require much effective strategies, which can work well on all aspects of operations in a hotel. These strategies can be applied in sales, profit management, and marketing. Therefore, the following are the strategies that hoteliers need to put into application to ensure maximum yields (Jagels 2006). One, they require to practice what we call revenue management strategy. It is very important for hoteliers to possess an effective and efficient profit management strategy. This is to ensure that the enterprise is imperative in the much competitive market of today. A good system also ensures that managers avoid controlling prices and other important variables in a manner that is proactive instead of a manner that is reactive. The second strategy is a strategy whereby hotel managers forget completely about the computer set system. They should in turn embrace the online set system. Forgetting the traditional computer set system completely is inevitable for them. The focus should be on the comparison of their price with that of all their competitors within a given destination. Through possession of the whole picture, there would be a rise in their capacity in terms of generation of bookings that are very high. The third strategy is the strategy called, â€Å"Go fourth and integrate†. Integration is important in increasing efficiencies of all operations in the hotel. Instead of using multiple systems or even tools that cannot coincide with each other, they should use a more consolidated system. Putting this system into place avoids that scenario. It should be very much user friendly and should give high optimization flexibility in terms of pricing. There should also be a distribution that is online and a webpage that is competitive in terms of positioning and control of the inventory (Jagels 2006). Another strategy put into use is having a booking channel that is new. This becomes possible through getting your mobile on. Hoteliers should consider coming up with a website called mobile Commerce. In this particular website, customers can hastily access the hotel and the information they require. They can directly book from their respective mobile phones. This saves on cost and time.Advertising We will write a custom report sample on Yield Management in Hotels specifically for you for only $16.05 $11/page Learn More There should also be proper management of different channels in the hotel. Hotels should ensure availability of room inventory that is present for buying in all channels. These channels are normally available. In order to seduce the customers to come to their respective hotels, the rates across all the available networks should be equal. The use and role of technology in yield management in hotels Systems of technology enhance hotel stakeholders with tactics to improve sales and revenue. Proper management of revenue normally ensures improvements in profit margins. Through subdivision of a particular meal into its constituent sections, a man ager may get to know exactly the particular systems to put into application at a given stage in order to provide the highest revenue margins in a given hotel. In technology adoption, it is always necessary for the managers to carry out analysis in finance. This will aid in determining whether the cost of technology will be greater than that during the period the business began. This is reflected in terms of improvements in revenue. Given that monetary mathematics is favourable, the hotel management should think of returns to both the hotel customers and employees. They must also factor in the issue of consumer and employees views. This should be in terms of utility in technology and their ease in terms of use. In devoid of these important articulations in place, technology will be at a point of having little success despite how much promising the financial benefit may be. â€Å"The latest eTRACK Full Year 2009 report on hotel bookings demonstrated that today, online channel is the sole channel of growth in the hospitality industry (Jagels 2006, p.39). This enhances shifting from offline to online bookings in the hotel industry because of reducing voice channels. Technology at Hilton Hotel Corporation Hilton Hotel Corporation runs a chain of hotels in almost all continents in the world. It is therefore a worldwide business venture in the hotel industry. In May 2003, it came up with an IT system that they called OnQ (Cuneo 2003) The Hilton considered that there was need to embrace technology as their future financial prosperity in terms of profit margins depended on it. The top management recognized the fact that to continue growing, technology was inevitable. OnQ was able to integrate all the office operations. There was an initiative to provide picture profiles of hotel customers to the hotel workers. The guest profile was an inclusion of customer’s recent stays and a writing of any difficulties the customer may have experienced.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Other technologies used at the Hilton include computers, mobile telephones and many others. Both customers and hotel staff make telephone calls when it comes to booking of rooms. Computers are normally used in data entry and recording. The hotel staff enters customer details into their database to monitor the customer stay at the hotel facility. It is also very important for the hotel management to ensure that there is security surveillance. This is to enhance customer safety during his or her stay within the hotel premises. Digital cameras installation within the rooms and at strategic points within the hotel building ensures observation of each activity that take place inside the hotel. In case of a crime being committed within the hotel premises, it will be easy for hotel staff to establish under which circumstances the crime occurred. In conclusion, without embracing technology with both hands, stakeholders in the hotel sub sector will continue to report a decrease in revenues. Technology is thus a thorny issue that hotel management has to be keen on to ensure yield management (Cross 1997). Reference List Cross, R., 1997. Revenue Management: Hard-Core Tactics for Market Domination. New York, NY: Broadway Books. Cuneo, E., 2003. Hilton’s $50 Million Answer. 2nd ed. Chicago: John Hopkins Publishers. Jagels, R., 2006. Hospitality Management Accounting. New York: John Wiley and Sons Ltd.. Ismael, A., 2002. Front Office Operators and Management. New York: Thomson Delmar. Kumar, E., 2010. Marketing Of Hospitality and Tourism. New York: Thomson Delmar.

Read each article, and answer the questions in your own words Essay - 1

Read each article, and answer the questions in your own words - Essay Example It allowed the people to devour the freedoms offered to the society and live a respectable life. It provided the people with immense opportunities in the businesses, trades, and private employment. It also allowed the person to be recognized with dignity and honor in the society. On the other hand, the racial minority was put in chains with strict limitations to the freedoms: be it freedom of speech or freedom of expression. They were de-humiliated in the society and left with least honor. Their opportunities in the private sector as well as public firms were extremely limited. Therefore, the people chose to indulge in racial passing. 2. Are there any incentives for any racial minorities to â€Å"pass† as white in America today? Yes. Racial discrimination and segregation, though declining each year, is still persistent in the United States. There are people who make policies that are associated with the segregation of the black societies from the main-lands. At the same time, black people still have a hard time finding a decent job in the society. The insurance companies as well as the banks have standard policies that consistently segregate and differentiate between the races. The non-whites get fewer and smaller loans as compared to pure whites. Simultaneously, their insurance cover tends to be pretty low.

A Walk Down the Grocery Aisle Essay Example | Topics and Well Written Essays - 500 words

A Walk Down the Grocery Aisle - Essay Example As national brands are typically considered to be cutting-edge and associated with higher quality, they must emphasize that they are irreplaceable, that they are a better value despite their higher price, and get on board with Internet marketing to earn repeated business and ensure product availability. When retailers co-brand with national brands, both tend to profit. To stay competitive and ensure profits, both sides must focus on the unique advantages that only their products can provide consumers, whether it is quality, price, locality, availability, value, or variety. New difficulties and opportunities show their face in the grocery business during changing times. A tough economy poses great challenges for national brands, which see consumers often sacrificing quality as they purchase lower-cost store brand alternatives. This added challenge for national brands opens up greater opportunities for retailers, which can better cater to the financial struggles of customers with their cheaper store brands. However, when an upturn in the economy hits, store brands must prepare for consumers returning to the familiar national brands, as they can afford the more expensive national brands. But because store brands have been perceived as having higher and higher quality, national brand companies cannot always count on customers returning to their products, as they might not see the dividends in paying a lot more for a national product that is not that much different than the retailer’s cheaper substitute. A shifting economy can pose problems for both store brands and national brands, bringing to the forefront issues with pricing, quality, and value. There are many things that both store brands and national brands can do to overcome challenges brought about by changing economic times so that they can ensure success. Changing up their game plans and crafting effective marketing approaches can make both sides winners. With the rising

HRM Essay Example | Topics and Well Written Essays - 1000 words - 3

HRM - Essay Example Recruitment is the process of attracting, evaluating and hiring employees and includes job analysis, sourcing, employee screening and selection and induction process. Job analysis aims at determining the different roles in the job and includes specifying the job requirements through outlining the job description and job specification (Torrington, 2011). The job description identifies the functions of the job within the organization, employment terms and reporting relationships of the job holder while the job specification sets out the education, skills, attributes and experience that successful candidates for the job should posses (McKenna & Beech, 2008). Google is constantly looking for graduate-level job entrants to join their teams and uses both online and off-line advertisement media to attract suitable job candidates for the position. Google uses various sources in its recruitment and some include Google recruitment events such as Google Games, Google Code Jam competition, Campu s recruitment and Google Ambassador Program. The job adverts are placed in notice boards, company magazines, newspapers and company website. The company shortlists suitable candidates who meet the minimum criteria and invites them for a series of interviews that aim at assessing the candidate’s job knowledge, skills, and behaviors (Redman & Wilkinson, 2009). According to the company website, the hiring process is simple and involves first conversation with the ‘recruiter, a phone interview and onsite interview at the company offices’. The hiring process aims at increasing communication with the prospective candidates. The panel interview aims at discovering the leadership skills, role-related knowledge, conceptual and analytic skills and ‘Googleyness’ (Sutherland, 2012). According to the company website, they are looking to hire the ‘next

The Female Manager :: essays research papers

Reasearch Report I have decided to write my report on the female manager, identifying three women who are presidents or CEO’s of companies listed on the New York Stock Exchange, providing information on their background and how they made it to the top. The first female I wanted to talk about is Muriel Siebert. She is currently CEO of Siebert Financial Corporation. She has had a chair on the National Women's Business Council and she made history as the first woman to buy a seat on the New York Stock Exchange in 1967. I hope she fits in the category, because I think this lady is wonderful. Muriel Siebert has been called "The First Woman of Finance." Among other firsts, she is the first woman to own a seat on the New York Stock Exchange and the first to head one of its member firms, Muriel Siebert & Co., Inc. She took a leave from her firm in 1977 to serve five years as the first woman Superintendent of Banking for the State of New York. She is known as an outspoken speaker who pulls no punches in lectures, panels and talk shows. She often exhorts industry to utilize women more aggressively. "American business will find that women executives can be a strong competitive weapon against Japan and Germany and other countries that still limit their executive talent pool to the male 50 percent of their population." Muriel Siebert has advised, "The men of the top of industry and government should be more willing to risk sharing leadership with women and minority members who are not merely clones of their white male buddies. In these fast-changing times we need the different viewpoints and experiences, we need the enlarged talent bank. The real risk lies in continuing to do things the way they've always been done." Muriel Siebert not only proves what she preaches, but she practices it too. Her best-known gamble made historic waves in 1967 when she applied to become the first woman member of the New York Stock Exchange. Although she had risen to a partnership in a leading Wall Street brokerage firm and had made big money for colleagues, her effort was patronized, ridiculed or openly opposed by many men on Wall Street. She was turned down by nine of the first ten men she asked to sponsor her application. Before considering her for membership, the Stock Exchange imposed a new condition: she needed a letter from a bank saying they would lend her $300,000 of the near-record $445,000 seat price.

Asses the view, that working class children underachieve because they are culturally deprived Essay

Middle class children have a higher tendency of achieving more than pupils of the working class. A few explanations pay attention on the external factors outside school. This includes cultural deprivation – working class pupils are portrayed as having a lack of correct attitude, values, language and knowledge for educational success. Whilst material deprivation means that working class pupils are most likely to have poorer diets, health and housing and their parents are less able to meet the hidden costs of schooling. The middle class have mote cultural capital – they have a better advantage of their choices within the marketised education system. There are three main aspects to cultural deprivation. The first is intellectual development; theorists argue that many working class homes lack things such as books, educational toys and activities which would help to stimulate intellectual development. Douglas (1964) found that pupils of the working class scored lower on a test of ability than those of the middle class. He argued that because working class parents are likely to be less supportive of their child’s intellectual development this has an impact on them. This could then lead to underachievement as it would mean the child is always behind. Secondly, Bernstein (1975) looked at the difference in language between working class and middle class students. He identified that language can be categorised into two types of speech codes. This highlights the differences between both the working and middle class. The restricted code was typically used by those of the working class. It consisted of a limited vocabulary and is based on use of short, often unfinished, grammatically simple sentences. Their speech is predictable and sometimes consists of single words and hand gestures. The restricted code is context bound so the speaker makes the assumption that the listener shares the same set of experiences. Then there was the elaborated code which is most commonly used by those of the middle class. Vocabulary is a lot more varied and is based on more grammatically complex sentences; speech is more varied and communicates abstract ideas. It is also context free: so the speaker doesn’t assume that the listener shares the same experiences as them, allowing the use of a more descriptive language. This would lead to under achievement  because the language used in schools and in test papers tend to be in the elaborate code as it is seen as the ‘correct’ way of speaking and communication, so therefore middle class people are again at an advantage. Finally, attitudes and values, Hyman (1967) argued that values and beliefs of the lower class show a ‘self-imposed barrier’ to educational and career success. Hyman outlined between working-class and middle-class value systems Members of the working class place a lower value on education. They place less emphasis on formal education as a means to personal achievement, and they see less value in continuing school beyond the minimum leaving age. Members of the working-class place a lower value on achieving higher occupational status, In evaluating jobs, they emphasize ‘stability, security and immediate economic benefits’ and tend to reject the risks and investments involved in aiming for high-risks occupations. Job horizons tend, therefore, to be limited to a ‘good trade’. Compared to their middle-class counterparts, members of the working-class believe there is less opportunity for personal advancement. This belief is probably the basis for the lower value placed on education and high occupational status. Whilst Sugarman (1970) similarly argued that working class subculture has four key elements that create this barrier to educational achievement: Collectivism involves loyalty to the group rather than to emphasis on individual achievement which the school system demands. Immediate gratification emphasizes the enjoyment of pleasures of the moment, rather than sacrifices for future rewards, Will also tend to encourage early school-leaving for the more immediate reward of a wage packet, adult status and freedom from the disciplines of school. Fatalism involves an acceptance of the situation rather than efforts to improve it; it will not encourage high achievement in the classroom. Present-time orientation may further reduce the motivation for academic achievement, whereas an emphasis on long-term goals and future planning can encourage pupils to remain longer in full-time education by providing a purpose for their stay. Cultural deprivation theorists argue that parents pass on values of their class onto their children. Values of middle class will equip children for success, whilst working class values fail to do so. However Keddie (1973) describes cultural deprivation as a myth and sees it as  a victim blaming explanation. She believes that having a culturally deprived background can’t be blamed as the reason that certain pupils fail in school. She argues that there is no cultural deprivation but cultural differences; failure is due to the disadvantages that are pursued by an education system dominated by middle class values. She believes that schools should recognise and build on strengths, and also challenge teachers’ anti working class prejudices. Under achievement can also be subjected to material deprivation. This can also be classed as poverty. It is a lack of basic necessities such as adequate diet, housing, clothing or the money to buy these things. Material deprivation theory explains working class under achievement as the result of the lack of such resources. Unlike cultural deprivation theorists, who blame educational failure on the inadequacy of working class subculture, many other sociologists see material deprivation as the main cause of under achievement. Poverty is closely linked to educational under-achievement. Although external factors, such as cultural deprivation, material deprivation and cultural capital can play an important part as to why there is class difference in regards to achievement, there are also internal factors that can be put to blame. To label someone is to attach a meaning or definition to someone. Studies show that teachers often label pupils regardless of ability or attitude, by basing labels on stereo-typed assumptions about their class background, labelling working class pupils negatively and working class pupils positively. This can restrict pupils from achievement as it means teachers will refrain from giving pupils they have labelled negatively from getting the support they need, meaning they do badly at school. The self-fulfilling prophecy is a prediction that comes true simply by virtue of it having been made. Integrationists argue that labelling can affect a pupils achievement by creating a self-fulfilling prophecy. When a teacher labels a pupil, they make predictions about their abilities for example, ‘this child will do well’ – The child then gets treated in accordance to this prediction, the pupil then internalises the teacher’s expectations which becomes part of its self-image. This makes the child become the kind  of pupil the teacher perceived them to be. (e.g. if a child is labelled positively, the child will then gain more confidence and try harder with their work, thus leading them to success). This prevents children from having the potential to do well, rather than working hard to allow them to do their best they allow their teachers opinion of them to hold them back. Marketisation is the final internal factor that portrays class differences of achievement. Schools operate on a wide education system, whose policies affect class differences in achievement. Such policies include marketisation and selection. Marketisation brought in – a funding formula that gives the school equal funding for each pupil, exam league tables which rank each school according to its exam performance and make no allowance for the level of ability of its pupils, and competition among schools to attract pupils. Marketisation explains why schools are under pressure to do well. Some schools respond to marketisation by creating a traditional image to attract middle class parents – this has re-in forced class divisions. Schools have to spend more money on marketing themselves to parents, often at the expense of spending funds on special needs or other important areas. Overall I think it is clear that cultural deprivation plays a huge part in regard to underachievement. Pupils lack help both at home, and at school, meaning they have less chance at doing well. Internal and external factors both work alongside each other – putting middle class pupils at an advantage in contrast to working class pupils.

A Strategic Report on Travis Perkins - Free Essay Example

Sample details Pages: 9 Words: 2739 Downloads: 4 Date added: 2017/06/26 Category Marketing Essay Level High school Did you like this example? 1. Introduction 2. Strategic Analysis 2.1 Broad environment 2.1.1 Political 2.1.2 Economic 2.1.3 Social 2.1.4 Technological 2.1.5 Environmental 2.1.6 Legal 2.2 Industry 2.2.1 Threat of new entrants 2.2.2 Threat of substitutes 2.2.3 Bargaining power of buyers 2.2.4 Bargaining power of suppliers 2.2.5 Competitive Rivalry 2.3 Company strategy 3. Don’t waste time! Our writers will create an original "A Strategic Report on Travis Perkins" essay for you Create order Financial Statement Analysis 3.1 Income Statement Analysis 3.2 Balance Sheet Analysis 3.3 Cash Flow Statement Analysis 3.4 Other Ratios Analysis 4. Stock Market Analysis 4.1 Share price performance analysis 4.2 Stock market indicators analysis 4.2.1 Discussion of EPS and P/E 4.2.2 Discussion of dividend policy and D/Y 5. Summary and Conclusion 5.1 Summary by SWOT analysis 5.2 Recommendations for investors 6. Bibliography 7. Appendices 7.1 Strategy of Travis perkins 1. Introduction Travis Perkins is a leading Public Limited Company in the buildersà ¢Ã¢â€š ¬Ã¢â€ž ¢ merchant and home improvement markets across the UK and Ireland (Annual Report, 2013). The Group became one of the FTSE 100 companies for the first time in June 2013(Annual Report, 2013). The originator of Travis Perkins, which can be traced back to 1797, is the Benjamin Ingram company trading as joiners and carpenters(Travis Perkins, 2014). During the last 200 years, Travis Perkins became a Public Limited Company though mergers and acquisitions in 1988 (Travis Perkins, 2014). The headquarter is in Northampton, the United Kingdom employing 21,937 people as of December 31, 2013 (Travis Perkins, 2014). Now The Group is the UKà ¢Ã¢â€š ¬Ã¢â€ž ¢s largest product supplier in the building and construction market operating 17 businesses with 14 brands and over 1,900 branches (Annual Report, 2013). Travis Perkins offers a wide range of products and services such as general building materials, kitchen s and joinery products, building and decorative materials and plumbing and heating products (Travis Perkins, 2014). Over the last few years, Travis Perkins has acquired several companies to extend its business and seize the opportunity to enhance its growth as a result of the rising economic recovery(Annual Report, 2013). The strategy objectives of the Group has recently centralized on the consolidation of the shareholder value. Therefore, Travis Perkins realigned the divisional structure into four segments General Merchanting, Specialist Merchanting, Consumer and Plumbing and Heating (Annual Report, 2013). At the meantime, Travis Perkins has a big movement in the Board of Directors as the Chief Financial Officer, non-executive board directors and the Chief Executive are all newly appointed(Annual Report, 2013). This report will evaluate the performance of Travis Perkins from strategic directions, financial statement performance and stock market performance three aspects. 2. Strategic Analysis The strategic direction of a company should be based on the environment it operates. Therefore, the strategic analysis is divided into three parts from macro environment, particular industry and the strategies of the company. 2.1 Broad environment This part will analyze the macro-environmental forces that may impact Travis Perkins using PESTEL analysis. It is extremely necessary for companies to identify the external and broad environment in which they are operating to make changes to their long term strategies to adjust with the external environment changes. 2.1.1 Political The Government-funded Construction Pipeline, released in November 2012, has encouraged the industry where Travis Perkins operates (Key Note, 2013). However, it will lead to the reduction of government expenditure on construction (Key Note, 2013). Moreover, the government austerity measures restrict the public expenditures on construction for the few following years (Key Note, 2013). As a result, the decrease of construction output will have adverse effects on the buildersà ¢Ã¢â€š ¬Ã¢â€ž ¢ merchant and home improvement markets. Travis perkins need to be aware of it as a threat to the business. Due to the depressed activity across the construction industry, the UK government took action to re-boost the housing stock and increase the transactions in the housing market by generating several initiatives such as the Help-to-buy scheme in 2013 (Key Note, 2013). The funding pledged by the government has helped tenants to credit borrowing aiming at increasing the demand for new housing and secondary housing transactions (Annual report, 2013). As the supplier to the construction industry, Travis Perkins definitely gained sales through the supply of the building materials to the construction industry or the increasing demand of the consumer products (Key Note, 2013). 2.1.2 Economic During the last several years, the recession in UK has been largely affected by the global financial crisis in 2008. The adverse economic climate definitely affected the buildersà ¢Ã¢â€š ¬Ã¢â€ž ¢ merchant and home improvement markets and construction industry. à ¢Ã¢â€š ¬Ã‹Å"Although growth has been recorded following the UKà ¢Ã¢â€š ¬Ã¢â€ž ¢s exit from recession, growth in the UK economy remained depressed in 2012 à ¢Ã¢â€š ¬Ã¢â‚¬ largely due to continued financial turbulence across Europe à ¢Ã¢â€š ¬Ã¢â‚¬  pushing construction output back into negative growthà ¢Ã¢â€š ¬Ã¢â€ž ¢ (Key Note, 2013).The declining in Gross Domestic Product (GDP) in UK demonstrates a drop of confidence towards corporate sectors(Key Note, 2013). Thus the market of buildersà ¢Ã¢â€š ¬Ã¢â€ž ¢ merchant and home improvement will be affected adversely due to the decreasing capital invested in construction industry (Key Note, 2013). The high inflation rate and unemployment rate both push the pressures on businesses and make it far more costly to purchase housing (Key Note, 2013). However, Travis Perkins has been through a slight recovery from the UK economy in 2013 (Annual report, 2013). The rising energy costs has increased the costs in buildersà ¢Ã¢â€š ¬Ã¢â€ž ¢ merchant and home improvement markets in recently years(Key Note, 2013). The cost control should be considered by the Travis Perkins. 2.1.3 Social The changing in customersà ¢Ã¢â€š ¬Ã¢â€ž ¢ buying behaviour has been more and more diversified (Annual report, 2013). The transparency of price is highly demanded by end-users (Annual report, 2013). The fixed price is more valued and the demand of better service and price (Annual report, 2013). Travis Perkins faces several challenges to change its pricing models to gain customers loyalty. Chart 1 Changes in buying behaviour(Annual report, 2013) Household disposable income has increased but still not enough to stimulate consumers to invest on new building products (Key Note, 2013). Therefore, Travis Perkins needs a long time to recover from the financial crisis since the market will respond a time lag as a trend (Key Note, 2013). With a steady growth in UK resident population, it shows promising outlook of the construction industry and its suppliers in which the market Travis Perkins operates is a growing perspective in the long term view (Key Note, 2013). 2.1.4 Technological The need for online penetration is higher and higher in the future according to the industry forecasts of the DIY and building products markets (Annual report, 2013). Chart 2 UK building products online market (Annual report, 2013) Chart 3 UK DIY and gardening online penetration (Annual report, 2013) à ¢Ã¢â€š ¬Ã‹Å"In recent years, there has been an upsurge in the use of prefabricated structures and modular building techniquesà ¢Ã¢â€š ¬Ã¢â€ž ¢ (Key Note, 2013). These techniques can make a big change to the demand for new and proper materials and components (Key Note, 2013).Travis Perkins can consider the cooperation with the top and bottom line businesses in the buildersà ¢Ã¢â€š ¬Ã¢â€ž ¢ merchant and home improvement markets. 2.1.5 Environmental The sustainability practices have made it a compulsory issue to minimize the damage to the environment (Key Note, 2013). The 2008 Climate Change Act also established a requirement to the reduction of greenhouse gas (Key Note, 2013). à ¢Ã¢â€š ¬Ã‹Å"In the construction industry, numerous initiatives à ¢Ã¢â€š ¬Ã¢â‚¬  such as Zero Carbon Homes and the Governmentà ¢Ã¢â€š ¬Ã¢â€ž ¢s flagship environmental initiative the Green Deal à ¢Ã¢â€š ¬Ã¢â‚¬  have been implemented in order to encourage uptake of energy-efficient improvements in existing buildings and to reduce emissions from new buildsà ¢Ã¢â€š ¬Ã¢â€ž ¢ (Key Note, 2013). Thus Travis Perkins should be concerned to all these issues which will increase the demand for repair ,maintenance and improvement work and certain types of emerging materials (Key Note, 2013). 2.1.6 Legal The Building Regulations of construction technical standards need to be concerned and Travis Perkins can seize the opportunities to research energy efficient and sustainable building materials to make an advantage among competitors (Key Note, 2013). The EU Timber Regulation (EUTR) has come into force in March 2013. The regulations prohibit the operators to produce timber from illegally harvested timber (Key Note, 2013). Although the regulations may deteriorate some of the timber and joinery business. In reality, the UK market has reached the requirements of the regulation which à ¢Ã¢â€š ¬Ã‹Å"will serve to create a more competitive European market, reducing any advantage companies may gain from the use of illegal timber through proportionate and dissuasive penaltiesà ¢Ã¢â€š ¬Ã¢â€ž ¢ (Key Note, 2013). 2.2 Industry The buildersà ¢Ã¢â€š ¬Ã¢â€ž ¢ merchant and home improvement markets experienced significantly fluctuations over the last few years due to the UK economic recession and uncertainty in construction industry (Key Note, 2013). UK suppliers of building materials also have extended their businesses across numerous overseas markets, especially in Europe (Key Note, 2013). à ¢Ã¢â€š ¬Ã‹Å"The total UK construction and home improvement materials market is worth approximately  ¿Ãƒâ€šÃ‚ ¡64bnà ¢Ã¢â€š ¬Ã¢â€ž ¢ (Annual Report, 2013). The addressable trade market of Travis Perkins is  ¿Ãƒâ€šÃ‚ ¡33bn as the largest in the UK (Annual Report, 2013). Chart 4 Building materials market (Annual Report, 2013). The construction industry and repair ,maintenance and improvement sector in UK has a significant demand for a wide range of building materials, components and products (Key Note, 2013).Buildersà ¢Ã¢â€š ¬Ã¢â€ž ¢ merchant and home improvement markets mainly rely on the construction industry and do-it-yourself (DIY) market as well (Key Note, 2013). In order to evaluate the forces which determine the industry competitiveness, the following will be analyzed by Porterà ¢Ã¢â€š ¬Ã¢â€ž ¢s Five Forces Model. 2.2.1 Threat of new entrants The threat of new entrants into the industry is low. Since there is insubstantial probability of emergence of new competition for Travis Perkins. Significant amount of capital investment and expertise are required to manage as a UK nationwide builder merchant in the mature market (Annual Report, 2013). The multi-channel capabilities of supply and distribution and economies of scale are also the potentials to enter into the market (Annual Report, 2013). 2.2.2 Threat of substitutes The threat of substitute products and services is low as the demand for building materials and components offered by Travis Perkins is not easily substituted by other merchants since it enables customers to access a wide range of building material product categories (Annual Report, 2013). Moreover, a variety of own brand products are available as the supplement of the branded goods (Annual Report, 2013). 2.2.3 Bargaining power of buyers The bargaining power of Travis Perkins buyers is strong, as the competition is fierce and there is a wide choice of suppliers of building materials offered by global merchants, as well as, small local producers (Annual Report, 2013). The small private buyers like end users have no pressure on Travis Perkins (Annual Report, 2013). Large retailers, construction merchants and public sector buying groups have bargaining power because they may choose manufacturers directly (Annual Report, 2013). 2.2.4 Bargaining power of suppliers Suppliers of Travis Perkins possess a substantial bargaining power as the manufacturers may distribute the products directly with the end users (Annual Report, 2013). The switching costs are really high and the integration forward by the manufacture may provide a higher prices of the products. The Group relies on overseas factories more and more to expand its business to reduce the reliance on certain suppliers (Annual Report, 2013). The Group has invested capitals to its own brand product by generating direct sourcing capability advantages (Annual Report, 2013). 2.2.5 Competitive Rivalry A great many small scale companies make up the UK buildersà ¢Ã¢â€š ¬Ã¢â€ž ¢ merchants market offering a variety of products and services to the nationwide markets (Annual Report, 2013). The competition from timber merchants, plumber merchants, electrical wholesalers and similar businesses is definitely a threat for the Travis Perkins. However, Travis Perkins is the market leader in the buildersà ¢Ã¢â€š ¬Ã¢â€ž ¢ merchant market in the UK currently (Annual Report, 2013). The turnover of the Groupà ¢Ã¢â€š ¬Ã¢â€ž ¢s largest national competitor generates less than half of the turnover in the Groupà ¢Ã¢â€š ¬Ã¢â€ž ¢s addressable markets (Annual Report, 2013). The wide range of products and branches across the UK has made it an advantage that few competitors can catch up. 2.3 Company strategy Travis Perkins has reviewed its strategy to make it a better option to achieve its Mission (Appendix 7.1) in December 2013 due to the improving economy and the changes of the Board (Annual Report, 2013). The new strategy (Appendix 7.2) aimed to increase the capital investment to enhance the existing market revenues and earnings and increase the quality of the services to satisfy customers and improve the shareholders returns (Annual Report, 2013). The realigned divisional structure (Appendix 7.3) and the expansion (Appendix 7.3) of each division also played a significant role in delivering the objectives of the strategy. The portfolio management of the capital investment has made a competitive advantage for Travis Perkins to provide almost all the types of building products and services to the construction market. The management of the capital invested make it a better use to create of the shareholder value. In recent years, the acquisitions made all aim to expand in new and complementary business areas which demonstrates Travis Perkinsà ¢Ã¢â€š ¬Ã¢â€ž ¢s intention to invest capital in promising market (Annual Report, 2013). Scale advantage has make an efficient supply chain to gain customer loyalty. The Group also benefit from economies of scale in lower costs and shared IT systems. All these issues bring a cost efficiency and better relationship with colleagues and customers which will make the Group more attractive to do business with. The customer innovation improve the customer satisfaction and make it a better buying action. However, compared with other competitors, Travis Perkins narrows its activities in UK and Ireland to limit the expansion and opportunities in emerging markets. For example, Wolseley PLC operates in six geographic areas to make business as a local standardized core process to gain market share.However, in the UK market, Wolseley is not the largest operator, Wolseley has much more sales and returns in other markets. In additi on, Wolseley makes their businesses at a higher return by bottom-up detailed resource allocation to grow faster than the competition. It is more efficient for trade distributor. 3. Financial Statement Analysis 3.1 Income Statement Analysis 3.2 Balance Sheet Analysis 3.3 Cash Flow Statement Analysis 3.4 Other Ratios Analysis 4. Stock Market Analysis 4.1 Share price performance analysis Source: Google finance ¼Ãƒâ€¦Ã¢â‚¬â„¢2014 Source: Google finance ¼Ãƒâ€¦Ã¢â‚¬â„¢2014 Source: Google finance ¼Ãƒâ€¦Ã¢â‚¬â„¢2014 Source: Google finance ¼Ãƒâ€¦Ã¢â‚¬â„¢2014 Source: Google finance ¼Ãƒâ€¦Ã¢â‚¬â„¢2014 4.2 Stock market indicators analysis 4.2.1 Discussion of EPS and P/E 4.2.2 Discussion of dividend policy and D/Y 5. Summary and Conclusion 5.1 Summary by SWOT analysis 5.1.1 Strengths Travis Perkins has a wide range portfolio of businesses to enable it capture broad customer base from end users and large construction merchants and increase its growth from all markets. The Group also operates a strong business model with long term relationships with its suppliers and customers. The expansion will not influence the cost of the company since the business model gives the flexibility and cost efficiency. Even the economic downturn has effected all the business, the financial performance of Travis Perkins is still in steady growth. The strong financial results will provide Travis Perkins a financial flexibility in capital expansion. 5.1.2 Weaknesses As mentioned above, the operations are concentrated mainly in UK which limits the opportunities to invest and makes it a higher business risk than other competitors. Travis Perkins will rely more on the demand and condition of the market in UK not like other competitors with more flexibility in the market. 5.1.3 Opportunities Fortunately, the economy and construction in UK lead to the fluctuations and uncertainties over last few years but the outlook is positive where Travis Perkins can seize the opportunities to expand revenues and create shareholders value. Recently, the online penetration in retail has experienced a high growth. In the building materials market, the level of penetration is expected to increase which is a great opportunity. 5.1.4 Threats Travis Perkins faces many local or other national operators in turn the competitive pressure may lead to reduction in price definitely resulting the profits and expansion. Further more, the change of customer buying behavior ,integration of manufacturers and customer transition from distributor to manufacturer will largely affect Travis Perkinsà ¢Ã¢â€š ¬Ã¢â€ž ¢ business performance. 5.2 Recommendations for investors Through the entire analysis, Travis Perkins has a improving outlook in 2014 due to the market condition. The company will benefit from the construction and DIY emerging market which will recover for the next few years according to the forecasts. However, there still exists uncertainties in housing and construction. It is just the beginning of the recovery and there is a time lag from buildersà ¢Ã¢â€š ¬Ã¢â€ž ¢ merchant and home improvement markets. I strongly recommend to wait till 2014 year end for investors who want to buy Travis Perkins shares now. It will show a clear trend of the increasing of the shares for some time. 6. Bibliography Google Finance. 2014.Travis Perkins plc. [Online]. [Accessed 22 April 2014].Available from : https://www.google.com/finance?q=LON%3ATPKei=jS11U9DNFYj6wAPkrIGYDQ Travis Perkins. 2014.History. [Online]. [Accessed 22 April 2014].Available from : https://www.travisperkinsplc.co.uk/about-us/history Travis Perkins. 2014.Strategy. [Online]. [Accessed 22 April 2014].Available from : https://ir.travisperkinsplc.co.uk/strategy.aspx 7. Appendices 7.1 The Mission of Travis perkins à ¢Ã¢â€š ¬Ã‹Å"Continue to deliver better returns by putting in place and growing the best businesses, with outstanding people providing comprehensive building material solutions to everyone, creating, maintaining, repairing and improving the built environmentà ¢Ã¢â€š ¬Ã‚ ¦ helping to build Britain.à ¢Ã¢â€š ¬Ã¢â€ž ¢ (Annual report, 2013). 7.2 The Strategy of Travis perkins (Capital Markets Day, 2013) 7.3 Divisional structure of Travis perkins (Annual report, 2013) (Capital Markets Day, 2013)