The Wife Of Bath s Tale By Geoffrey Chaucer And Le Morte...

Literature from the medieval period reveals the values of society through the use of literary devices. Authors incorporated the conflicts of the Middle Ages in their writing to reflect the Medieval community and their lifestyle. Kings served as the highest position and granted knights, peasants, and serfs an opportunity to work for the kings and in return the king wanted loyalty. The caste system in feudalism was honored by society. During the time period, the social status of a man was determined by wealth and the amount of land he owned, making men superior to women. Women were expected to please their husband and take care of the home. They were treated very unfairly compared to men. The stories, â€Å"The Wife of Bath’s Tale† by Geoffrey†¦show more content†¦Having five husbands helps her gain experience. Marrying five men is her â€Å"schooling† because while men are working hard, she is getting better at pleasuring them from experience (Chaucer 49) . The only satisfaction she has is from pleasing her husband. Chaucer highlights the conflicts of the time and offers a new perspective on gender roles from a different perspective. The wife is taking control over the husband by seducing him. According to the role of women during the Middle Ages, women must remain loyal to their husbands, however, the Wife of Bath, â€Å"put little value of their love.† (Chaucer 208). The Wife of Bath cares about the amount of wealth she obtains from her husbands. Her marriages did not revolve around the idea of love. Chaucer characterizes the Wife of Bath as promiscuous; she uses her sexuality to control her husbands. Chaucer incorporates many values to characterize society. Women from the Middle Ages wanted control over their husbands, they demanded whatever they wanted. The husband was still loyal to the women after he was getting controlled. Chaucer forms a character who respects the religious belief but in the same way opposes them. Sir Thomas Malory demonstrates medieval values throughout the story â€Å"L Morte d’ Arthur†. Knights from the time were obligated to honor the Ten Commandments of the Code of Chivalry. However some knights did go against it. Sir Launcelots past actions rose conflicts with King Arthur because he had a secret affair

President Abraham Lincoln Essay - 2204 Words

On the fourth of March in 1861, Abraham Lincoln became the sixteenth President of the United States of America. President Lincoln was born on the twelfth of February in 1809 in a log cabin located in Hodgenville, Kentucky, and died at the age of fifty-six on the fifteenth of April in 1865 in Washington, D.C. In 1834, Abraham Lincoln was elected as a member of the Whig party into the Illinois state legislature. Being involved with politics helped form and shape his view about slavery. Lincoln then began teaching himself about law using William Blackstone’s Commentaries on the Laws of England. In 1837, Abraham Lincoln moved to Springfield, Illinois, and started working at the John T. Stuart Law Firm. After working as a lawyer for a few†¦show more content†¦The presidential candidates that ran against Lincoln were Stephan Douglas, John C. Breckinridge, and John Bell. Abraham Lincoln belonged to the Republican Party that was against slavery, Stephan Douglas belonge d the Northern Democratic Party that was traditional about slavery, John C. Breckinridge belonged to the Southern Democratic Party that was for slavery, and John Bell belonged to the Constitutional Union Party that was for compromise. Approximately forty percent of the popular was had by Abraham Lincoln, which is not the best, but he received one hundred and eighty of three hundred and three electoral votes, which is very good and also resulted in a win for him. Helping Lincoln with his presidency was his vice president, Hannibal Hamlin. William H. Seward was Lincoln’s Secretary of State, and he distributed statutes, administered elections, kept archives, etc. Simon Cameron and Edwin M. Stanton were his Secretaries of War, and they were responsible for all military affairs not including the Navy. Montgomery Blair and William Dennison were the Postmaster Generals, and they were the executive head of the postal system of the United States. Caleb B. Smith, John P. Usher, and James Harlan were the Secretaries of the Interior which meant they oversaw national parks, national landmarks and Native American reservations, etc. Salmon P. Chase, William P. Fessenden, and Hugh McCulloch were the Secretaries of the Treasury, andShow MoreRelatedAbraham Lincoln : An Influential President1572 Words   |  7 PagesAbraham Lincoln: An Influential President When you hear the name Abraham Lincoln, what is the first thing that comes to your mind? Do you think of a tall, slender man with an enormous top hat? Do you think of his devotion to the abolition of slavery? Abraham Lincoln contributed to more than one can imagine. He was the president of the United States during a time of colossal distress, the Civil War, and he paved the way for a great number of changes. Abraham Lincoln was a powerful figure whoRead MoreThe Assassination Of President Abraham Lincoln Essay983 Words   |  4 PagesOne of the most tragic moments throughout all American history in my opinion is the Assassination of President Abraham Lincoln. With no surprise I am writing about certain event that occurred leading up to, during, and after this unfortunate event. This historical event is clouded with conspiracy but I will try to avoid specifics of that particular view. Abraham Lincoln was born in a little town located within Hardin Country, Kentucky on February 12, 1809 (www.whitehouse.gov/abrahamlincoln). HeRead MoreThe Legacy Of President Abraham Lincoln998 Words   |  4 PagesPresident Abraham Lincoln was the leader of the United States for five years, yet he is often only remembered for leading the Union to victory in the Civil War and freeing the slaves in the process. These accomplishments go together and it is easy to assume part of, if not the entire reason for war was to end slavery. He is credited with freeing the slaves because of his emancipation proclamation. This eventually brings and end to the institution, but should we really credit this all to Lincoln?Read MoreAbraham Lincoln : The Greatest Presidents1876 Words   |  8 PagesAbraham Lincoln is widely known as one of the greatest presidents we have had. He hold this title because he got out country through the civil war. Even though he tried to prevent this war from happening he used everything in his power to bring it to a stop once it had begun. Lincoln had the utmost confidence in the Union and this showed by how America healed from the tragic death he went through. 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As a politician in 1830’s to 40’s he became a three times state legislature, lawyer, a supporter of Revolution against British (whig) and professional in organizing a parties, he learned to be unreveal peroson, exchange favors, manipulate the press and cultivateRead MoreAbraham Lincoln s Greatest Presidents1671 Words   |  7 Pagesauthors takes on whether Abraham Lincoln was one of America’s greatest presidents was that Paludan stated Lincoln was a president who wanted to defend and uphold the constitution of the United States, especially since President Lincoln always stated that all men are created equal and that meant blacks to in his opinion. He was the type of person who talked to the people not at the people when he spoke. Paludan believes Lincoln was a president that was greater than any other P resident in history. He feelsRead MoreThe Gettysburg Address By President Abraham Lincoln1221 Words   |  5 PagesThe Gettysburg Address was a speech composed and addressed by President Abraham Lincoln in 1863, at the time of the political fight in Gettysburg Pennsylvania. At that time, Abraham Lincoln was the President of the United States. He was also the President who led America through the Civil War. During the Civil War, at Gettysburg, some soldiers died protecting the nation. This was mentioned in Lincoln’s speech, which was meant to be dedicated to the soldiers who died defending their people. He spoke

Accounting Intern Paper Free Essays

string(30) " not withheld from employees\." Company introduction KC ACCOUNTANCY CORP is a Southern California CPA firm, found in 2000. The company offers a full range of business and consumer CPA services including financial statements preparation, IRS. FTB. We will write a custom essay sample on Accounting Intern Paper or any similar topic only for you Order Now EDD representation, tax return preparation, office computerization, new business start-up, general bookkeeping and tax preparation planning. Job description During the intern period, I did four main tasks as follow 1. Bookkeeping The company uses the accounting software called Write up and Quick Book to do the book keeping. In order to do the book keeping we need to create a ledger for all the financial accounts and use the check and invoice provided by the customer to record all payments made from these accounts. We should filled the all the column of cells, which include date, name of the payment, payee, category (for tax purposes), memorandum and a record of the check number or the invoice number. The reason for write the category is for tax purposes. After record the payment, we need to use the same software to record the cash inflow. We list all money (only revenue) received by the customer. As same as the cash outflow, we need to record the date, name of the income, payer-providers, category, memorandum and a record of the check number. If the company has the Loan or the investment, we should use the different ledgers to record it. Next step, we need to create accounts payable/accounts receivable. For the account payable we list utilities, rent, and other future payments. We list two date: one is the due day another one is the due day before penalty. For the account receivable, we list the income we will receive in the future. This ledger is most important, I need to aware that when the company actually receives the payment by the customers or the bounced check will happened. The final step is to reconcile the ledgers with the bank statements. The company will provide us their bank account records and allow us to check each payment. This is typically done on a quarterly schedule 2. Prepared, examined, and analyzed accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards. Financial statements include income statement, statement of retained earnings, balance sheet and cash flow statement. From the supervisor’s experience, I learned that there is specific logical order for preparation due to some financial statements use numbers from the other statements The order is following: * Income statement * Statement of retained earnings * Balance sheet * Cash flow statement Before financial statements are prepared, we need to adjust entries based on revenue recognition and the matching principles. Each transaction may affect one income statement accounts and one balance sheet account. Adjustments fall into one of five categories: accrued revenues, accrued expenses, unearned revenues, prepaid expenses, and depreciation. Income Statement The income statement reports revenues, expenses, and the resulting net income. It transfers from revenue, expenses and capital gains or losses ledger account balances into the income statement. Statement of Retained Earnings The Statement of Retained Earnings is prepared after the income statement because we use the net profit or loss account balance from income statement. The retained earnings statement shows the retained earnings at the beginning and end of the accounting period. It is prepared using the following information: * Beginning retained earnings from previous statement of retained earnings. * Net income, obtained from the income statement Balance Sheet The balance sheet reports the assets, liabilities, and shareholder equity of the company. It is constructed using the following information: * Balances of all asset accounts * Balances of all liability accounts * owner’s equity Cash Flow Statement To do this cash-basis report, we subtract cash disbursements from cash receipts directly. It also takes information from all three previous financial statements. Two time periods of comparative balance sheets are examined in order to prepare a statement of cash flows. 3. Maintained Quarterly payroll records. At first I am very curious why the company would like to outsource the payroll process . The manager tell me small business owner usually spend around eight hours per month doing payroll because laws and the IRS have let the payroll function become a time consuming task. Outsourcing the payroll can let the company focus more on running company also avoid the risks of calculating mistake . Most important, federal, state and local payroll tax laws are frequently changing and becoming more complex The Internal Revenue Service (IRS) is the revenue service of the United States federal government. The agency is a bureau of the Department of the Treasury, and is under the immediate direction of the commissioner of Internal Revenue. The IRS is responsible for collecting taxes and the interpretation and enforcement of the Internal Revenue Code. I need to call each company on the list to make sure how much salary they pay for each employee. Company may pay their employee quarterly, monthly or hourly. Most of our customer is Chinese/Taiwanese owned company. I can use Chinese to call them . I need to clarify how many employees in their company and how much salary they need to pay. By using 1099-etc, we just need to type in the data in the system. The software will automatically calculate federal, state and local payroll taxes. The software supports Federal payroll forms such as the 941, 940, 943, 944 and 1040 SchH. Form 941 Form 941 is Employer’s QUARTERLY Federal Tax Return. Federal law requires employers to withhold taxes from employees’ paychecks. Each time wages are paid, employers must withhold — or take out of employees’ paychecks — certain amounts for federal income tax, social security tax, and Medicare tax. Under the withholding system, taxes withheld from employees are credited to e mployees in payment of their tax liabilities. Federal law also requires employers to pay any liability for the employer’s portion of social security and Medicare taxes. This portion of social security and Medicare taxes is not withheld from employees. You read "Accounting Intern Paper" in category "Essay examples" Employers who withhold income taxes from wages or who must pay social security or Medicare tax, use Form 941 to report those taxes. The deadline for 941form is the last day for month that follows the end of the quarter. * Quarter One (January, February, March): due on April 30. * Quarter Two (April, May, June): due on July 31. * Quarter Three (July, August, and September): due October 31. * Quarter Four (October, November, December) : due on January 31 of the following year. Every time, I update the information on the system, I need to print out two copy. One is for our company, the other one is for our customer . 4. Miscellaneous As a intern, I also spend some time to doing miscellaneous thing such as put files in order alphabetically, print out the package label and paste on the envelope , double check the document and send to the customer. Analysis of the company The company starts the business from 2000, the boss try hard to build a very good relationship with the customers. They are successfully to build the relationaship because the employer in the company always put them self in the customer’s shoes, the existing customer will bring the new customer. So the company does not need to post the advertisement online or ask other to design a fancy website to attract new customer. Thus they can provide perfect and complete service with reasonable price. Due to the good relationship with customer, the accounting office is also become an information exchange place. We can always see the customer to ask the boss to refer a dental, a lawyer and the business to others. It is how a good networking start. However, during the intern period, I find there are things the company could do better. First, the boss plays an extremely important role in the company. She needs to check every document before mail to the customer or mail to the government institute and she assigns new task for everyone every morning. The company would be in a mass when the boss is not in the office. I still can remember, one time the boss has emergency and she cannot come to the office for two days. All document put on her table like a small mountain, and others has nothing to do. Second, a lot of things without a logical order, there is a simple example. When I start with filing away the documents, I cannot find some individual’s name within the file. After I check with the boss, the boss tells me, someone they will put all family numbers’ file together instead individual file. The problem is that only the boss knows who the family numbers are. It is hard for the account specialist to file the document; however the boss is too busy to do this kind of things. Third, the company still use some out of date process. Every quarter, the customer needs to turn in their check record and the invoice physically to the accounting office. Most of the records are hand write. In fact I think the accounting office can ask electric version from the customer, then it can complete the process more efficiently, because sometime I see accounting assistant struggle with the numbers or the word on the check or the invoice and with electric version, it can be send to accounting firm in time. I think the company know better what their business is, so it is not a big deal for them to change the physically version to electric version. Also I know most software will automatically download the bank records and allow the account assistant to quickly mark which payments and deposits are already recorded in the ledger, and which must be separately accounted. This is typically done on a monthly schedule, but with software and online banking, it is can be finish on a weekly or even daily schedule. What I learn during this internship I am a student who still thinking about my future career. This is a good opportunity for me to know accounting person and know more about how the accounting firm work. I learn some information from my coworker and the supervisor. 1. Future is Bright The future of accounting is bright according to the Bureau of Labor Statistics which projects a 16% increase in job openings by the year 2016. Much of this reflects the increasing complexity of corporate transactions, the introduction of Sarbanes-Oxley requirements after the Enron scandal and growth in government. Demand is especially high in the tax and health care areas. My supervisor share her own experience with me, Emily, who is a 27 year old woman, who finish her MBA in California state – Los Angeles, she tells me all the international student stay here after graduate are doing accounting related job. It seems it is the only way international student can survive in U. S if they study in business field. 2. Managerial Accounting Ideas is popular Many firms are focusing on activity-based management, process-view analysis, constraint checking and business process analysis as well. The world of management accounting is evolving rapidly and there is high demand for accountants who are knowledgeable about these trends 3. High degree necessary We can find the requirement for most accountant and auditor positions are at least a bachelor degree in accounting or a related field. As an MBA student especially a master degree in accounting, or with a master degree in business administration with a concentration in accounting. We have advantage to apply accounting-related job. 4. Skill Requirements Becoming Broader There is high demand for individuals who have technical skills and good communication skill, and foreign language skills. Accountants are broadening as business globalizes. 5. CPA has highly valued A recent survey shows that over half of corporations which hire accountants feel that the CPA (Certified Public Accountant) important, however, in some case we can enter an accounting firm without completely the CPA. It means we still have chance and time to prepare for the test, never too late to prepare . My supervisor is a good example, she started to prepare her CPA after she start work in the KC Company. 6. High salary The median expected salary for a typical  Accountant I  in the  United States  is  $44,652; for a typical Accountant II is $53,588; for a typical Cost Accountant I is $46,874;for a typical Cost Accountant II is $58,020. ; for a typical Cost Accountant III is $70,574; for a typical Cost Accounting Supervisor is $65,861; for a typical Cost Accounting Supervisor II is $75,452. ; for a typical Accounting Manager is $84,437;for a typical Accounting Director is $127,660. 7. Start from a intern The supervisor suggests me start to apply the position in the company I want to begin my career and ask the intern position before I graduate. Thus, I will get more hired opportunity as a full time employee. Do be hesitant, start to apply! Conclusion My Internship is one of the most beneficial things I do during my MBA. I really enjoy the time in K. C. Company. During this internship I learned a lot about the profession and about how much hard work and dedication it takes to be a accountant. I know I am a person who sensitive with numbers but not detail-oriented. In order to become a successful accountant, I need to change the way I doing things. To be a more competitive person, I need to review all the account material I have learn during those year. Even though some people say it is not a good way to learn from the textbook, however I believe reading the textbook is the best way to review all the important concept in the limited time. The lecture and the text book can provide us solid background knowledge. I will try to apply the accountant position now, after I understand the future of accounting-related job and the personality to be a good accounting worker. I will start my career in accounting files after I graduate. Reference IRS website : http://www. irs. gov/uac 941 form http://www. irs. gov/pub/irs-pdf/i941. pdf How to cite Accounting Intern Paper, Essay examples

Concept of Reporting Entities Samples †MyAssignmenthelp.com

Question: Discuss about the Concept of Reporting Entities. Answer: Concept of Reporting Entities The concept of reporting entities is covered Statement of Accounting concepts (SAC 1). Para 40 of SAC 1 defines the term reporting entities as any entity including an economic entity for which it can be assumed that users of financial statements exists which are dependent on the general financial reporting standard for making resource allocation decisions. The concept of reporting entities states that entities should prepare general purpose financial statements. The concept includes legal entity concept which are included in the legislation of private sectors and also includes a broad concept which deals with accountability (Palmer, 2013). The concept of reporting entity is closely associated with information needs of stakeholders and the nature of the general purpose of financial reports. In addition to this the concept is used in identifying reporting entities with consideration to the stakeholders who make their decisions on the basis of financial statements. General Purpose Financial Reports (GPFRs) GPFRs are annual reports which are prepared by the reporting entities on the basis of which users make decisions about resource allocations. The reports should be prepared in accordance with the statement of accounting policies and accounting standards which are issued (Henderson et al., 2015). GPFRs are the basis on which decisions are based for the investment decisions of the shareholders of the entities. Factors which decides a Reporting Entity The three factors which determine whether a reporting entity exist or not are given below: Reporting entities depends on the extent of ownership and also on the separation between management and owners or members of the company having an economic interest which is stated in para 20 of SAC 1 (Potter, Ravlic Wright, 2013). As per para 21, the economic or political importance of an entity on the welfare of the external parties is major consideration which determine the reporting entities. The financial characteristics of the entity such as size, debt taken from external parties also determine whether an entity is a reporting entity. Fundamental Characteristic of Useful Financial Information Financial Information should be useful so that the users of the financial accounts are able to take decisions on the basis of such information. The fundamental characteristics which should be present in an useful financial information are the principle of relevance and faithful representation. Financial Information which are relevant in nature are capable of making differences in users decisions. Such financial information have predictive and confirmative values which gives the users to ability to forecast as well as gives feedback for previous forecasts (Schaltegger Burritt, 2017). Financial information are basically a summation of numerical data and numbers. Therefore, in order to be useful to the users of the financial reports, the information should be faithfully represented. The information should be complete, neutral and free from errors. Moreover, the financial information should be such that all the information are depicted clearly with all explanations and assumptions. Thus, it is clear that a financial information should be both relevant and faithfully represented so that such information are useful to the users. Enhancing Characteristics of Useful Financial Information The enhancing features of useful financial statement are comparability, verifiability, timeliness and understandability. If financial information which can be compared with other entities financial information the such factors can be considered to be an enhancing factor. Comparability is a characteristic which allows the users to compare financial reports of two similar or different entities and identify similarities or differences in the same (?ihk et al., 2013). The comparison maybe been between two items or even more. Verifiability is the principle which convinces the users of the financial reports that the information provided are faithfully represented. In other words, various individuals can access such information, draw conclusions and consent that the information are faithfully represented. It is not necessary that the conclusion drawn be the same for every individual (Yip Young, 2012). The principle of Timeliness states that the company should provide all significant inform ation to the stakeholders in a timely manner so that immediate decisions can be taken. The financial information should be such that they are clearly understandable by the users of financial reports. This can be done by properly classifying, summarizing and presenting information clearly in the financial reports. Therefore, from the above explanation it is clear that the enhanced factors are to be maximized to the extent possible to get quality financial information. Financial Information Characteristics Examples Relevance An information about the net profit margin of the entity which is a relevant financial indicator. Faithful Information The information which related to the total revenue generated by the entity during a particular year. Comparability Measuring financial performance between two companies for example Apple Inc and Samsung Verifiability Verifying is useful in valuation of inventory which can be done by applying LIFO method or weighted average cost method as per the preference of the company. Timeliness Financial Information relating to 2017 will be different from those relating to 2018 Understandability The information must be understood by the users in the same sense as intended. Such as notes to accounts are given for the clarity of users. References ?ihk, M., Demirg?-Kunt, A., Feyen, E., Levine, R. (2013).Financial development in 205 economies, 1960 to 2010(No. w18946). National Bureau of Economic Research. Henderson, S., Peirson, G., Herbohn, K., Howieson, B. (2015).Issues in financial accounting. Pearson Higher Education AU. Palmer, P. D. (2013). Exploring attitudes to financial reporting in the Australian not?for?profit sector.Accounting Finance,53(1), 217-241. Potter, B., Ravlic, T., Wright, S. (2013). Developing Accounting Regulations that Reflect Public Viewpoints: The Australian Solution to Differential Reporting.Australian Accounting Review,23(1), 18-28. Schaltegger, S., Burritt, R. (2017).Contemporary environmental accounting: issues, concepts and practice. Routledge. Yip, R. W., Young, D. (2012). Does mandatory IFRS adoption improve information comparability?.The Accounting Finance Review,87(5), 1767-1789.

Technology chosen 1 Essay Example Essay Example

Technology chosen 1 Essay Example Paper Technology chosen 1 Essay Introduction For this task I needed to type. I needed to type because then I could input information in to the database . I think that Microsoft Excel and Publisher could do this task.Input imagesFor this task I needed to input images because we were doing a database. I do think that Publisher could do this task.Landscape and special foldFor this task I didn’t need to Landscape and special fold because we were doing a database. I do think that Microsoft Excel and Publisher could do this task.Change font colourFor this task I needed to change the colour of the fonts. I needed to change the colour of the fonts because then It would look attractive and it will stand out and catch the peoples eyes. to change the colour of the fonts in the database you have to highlight the words and then click on the big A in the corner or you could highlight the word and then right click on the words and then go to fonts and then go to colour and where it says automatic or the box is black there is a dropdown arrow next to it click on the colour you choose and then go to ok . I think that Microsoft Excel and Publisher could do this task.Change text to boldFor this task I needed to Change text to bold. I needed to Change text to bold because then It would look attractive and it will stand out and catch the peoples eyes. Change text to bold in the database you have to highlight the words and then click on the big B in the corner or you could highlight the word and then right click on the words and then go to fonts and then go to font style and where it says the type of fonts styles like bold or bold italic’s to ok choose bold and then click on ok. I think that Microsoft Excel and Publisher l could do this task.Change fonts to italicsFor this task I needed to Change text to Italics. I needed to Change text to Italics because then it would look attractive and it will stand out and catch the peoples eyes. Change text to italics in the database you have to highlight the words and then click on the big I in the corner or you could highlight the word and then right click on the words and then go to fonts and then go to font style and where it says the type of fonts styles like bold or bold italic’s and then choose italics and then click on ok. I think that Microsoft Excel and Publisher l could do this task.Change font sizeFor this task I needed to change the size of the fonts. I needed to change the size of the fonts because then It would look attractive and it will stand out and catch the peoples eyes. To change the size of the fonts in the database you have to highlight the words and then click on the big A or you could highlight the word and then right click on the words and then go to fonts and then go to size and where it has the list of sizes choose the size you want and then go to ok. I think that Microsoft Excel and Publisher could do this task.PrintFor this task I needed to print. I need to print so I could hand in my work on paper. To print all you do is to click on the printer picture in the top left corner or you could click on file and go down to print and then go to ok or you could even press Ctrl+P. I think that Microsoft Excel and Publisher could do this taskUnderline the fontsFor this task I needed to Underline the fonts. I needed to Underline the fonts because then It would look attractive and it will stand out and catch the peoples eyes. Underline the fonts in the database you have to highlight the words and then click on the big U in the centre of the top row or you could highlight the word and then right click on the words and then go to fonts and then go to and then go to under line and choose the style of the line where it says underline once you have choose the one you want you click on ok. I think that Microsoft Excel and Publisher could do this task .Copy and pasteFor this task I need to copy and paste the fonts when I’m editing the database and moving things around to get every thing in the right place s and some where were it would be noticeable. To copy and paste you have to highlight the words and then click on edit and go on copy or to click in the area you want the words to be pasted in and then to paste you do the same thing as before you highlight the words and then go to edit and paste or you could highlight the words and then to copy press Ctrl+C and to paste you highlight the words and then press Ctrl+V I do think that Microsoft Excel and Publisher could do this task.Add word artFor this task I didn’t need to Landscape and special fold because we were doing a database. I don’t think that Microsoft Excel and Publisher could do this task.Insert hyperlinkFor this task I didn’t need to insert a hyperlinks because we were doing a database. I don’t think that Microsoft Excel could do this task.Insert bullet points and numbersFor this task I didn’t need to Landscape and special fold because we were doing a database. I don’t think that M icrosoft Excel and Publisher could do this task.Save work to disk or harddriveFor this task I need to save when I a database or work or I’m going to loose my work so to save all you have to do is to save to the hard drive you could first click on the disk picture in the top left hand side of the screen and enter the destination of where your saving the work to. The second method is to click on file and then go to save as and then enter the destination of where you’re saving the work. The third method is to click on file and click on save then enter the destination of where your saving the work to. The final method is to click on the X in the right corner and click on yes and then enter the destination of where your saving the work to.To save your work on a disk you could first click on the disk picture in the top left hand side of the screen and enter the A: to saving your work to disk. The second method is to click on file and then go to save as and then enter the A: to saving your work to disk. The third method is to click on file and click on save then enters A: to saving your work to disk. The final method is to click on the X in the right corner and click on yes and then enter A: to saving your work to disk I do think that Microsoft Excel and Publisher could do this task.AlignmentFor this task I didn’t need to alignment because we were doing a database. I do think that Microsoft Excel and Publisher could do this task.Change the background colourFor this task I didn’t need to change the colour the background colour because we were doing a database. I do think that Microsoft Excel could do this task. To change the colour the background all you do is to click on the drop down arrow next to the slanted paint can and choose the colour of the background. I do think that Microsoft Excel and Publisher could do this task.Highlight wordsFor this task I didn’t need to highlight the words to different colours because we were doing a database. I don’t think that Microsoft Excel and Publisher could do this task.Insert tablesFor this task I didn’t need to insert tables because we were doing a database. I don’t think that Microsoft Excel and Publisher could do this task.Spell and grammar checkFor this task I did need to use the spell and grammar check because we were doing a database and I cant afford to spell things wrong. I do think that Microsoft Excel and Publisher could do this task.Use the thesaurusFor this task I didn’t need to use the thesaurus because we were doing a database. I don’t think that Microsoft Excel and Publisher could do this task.Insert GraphsFor this task I didn’t need to insert graphs to so my results . By doing this you could analyse the results straight away and determine who had won by the graph. To do the graph we had to first create a table of information in Excel and then highlight all the information and then click on the bar graph logo on t he top row and then click on bar .bar is located under the chart type and then choose a suitable graph I had chose the fifth one because it is in 3D and looks good. Then double click on the graph you had chose then you have two options you could have the bar going vertical or horizontal and then click on next. then click on the option you want then label the axis and give the graph a title. then click on next and then finish to have the graph done. To get the print out we had wanted we just copied the graph and pasted it in to Microsoft Publisher and then made the page landscape and then enlarged it to the right size to copy and paste you just you have to highlight the words and then click on edit and go on copy or to click in the area you want the words to be pasted in and then to paste you do the same thing as before you highlight the words and then go to edit and paste or you could highlight the words and then to copy press Ctrl +C and to paste you highlight the words and then pr ess Ctrl+V .Web previewFor this task I didn’t need to use web preview so I could see what my database looks like and see if all the hyperlinks work. By doing this I could analyse the website before is been published on the web .AddFor this task I needed to use word art so I could add attractive titles in to the work that will stand out and encourage people to pick up the leaflet or the c.d. cover and like the logo because its simple and attractive. To add word art all you have to do is to click on the WA on Ms publisher or go to insert and then picture and then go to word art on Ms word then all you have to do is to follow the on screen instructions to get the desired word art.Change backgroundFor this task I needed to change the background so I could see what my work looks like so I could make it more attractive. To change the background all you have to is to click on the paint can and choose the colour Technology chosen 1 Essay Thank you for reading this Sample!

america and canada in ww1 essays

america and canada in ww1 essays Today's Western religions revolve around a central God that is one and the same for all of the followers of that religion. For instance, a Catholic goes to Church and prays to the same God as the person sitting beside them. There are many Eastern religions where that is not the case. Buddhism, one of the world's oldest religions, is one such instance. Buddhism, in fact, stresses a more individual approach to spirituality. In 563 B.C., in India, a man named Siddartha Guatama was born into the ruling family of the Sakya people. Because of his elevated position in society he was forced to live a life of seclusion. When he was twenty-nine years old, he ventured out into the world and was confronted with the reality of suffering and death in the world. The next day he left his wife and son to search for a way to put an end to human suffering. After six years of living ascetically, he realized that the path to success and enlightenment was neither of the extremes of vast material possessions or the lack thereof , but a balance between the two. He called this the Middle Way. By the time he was thirty-five, Siddartha had achieved true enlightenment and earned the title Buddha(awakened one). He was the fourth man recorded to have done so, but is credited with the creation of the Buddhist religion. Today Buddhism is one of the most commonly practiced Eastern religions. It is also one of the most mis understood. Its characteristics are simple and strive only for spiritual enlightenment. The critical element of Buddhism is what Buddha called the Four Noble Truths. The First Noble Truth as related by Buddha is that suffering is unavoidable and universal to all beings. It is suffering that teaches us the lessons we need to learn to become enlightened. The Second Noble Truth reveals the root of that suffering; desire. Desires for things such as sex, wealth and power are what blind us to the true nature of reality. The Third N...

Issues on Airport Security Essay Example | Topics and Well Written Essays - 12500 words

Issues on Airport Security - Essay Example However, the human element posits a problem. 4 2.7.3. Screeners’ Performance Problems 4 2.7.2. Investments In Equipments And Technologies Despite the screening procedures in place, there are still some cases where tragedies occurred because there were opportunities, which allowed some passengers to carry weapons or other items that may be used as a tool for hijacking the plane. Thus, various checkpoints and screenings were set up to deny such opportunity to present itself. Using a metal detector, travellers are screened quickly. Some airports invested in more advanced explosive detection machines such as X-ray machines and Puffer Machines. These machines are used for both carry on and checked baggage. A technology of gas chromatography to detect compounds given off from explosives is also being utilized. There are also machines developed to scan for hidden weapons and explosives on passengers. Such devices, on the other hand, use Compton scattering and necessitates passengers to stand flat on a panel in order to produce a high-resolution image. Moreover, Israel introduced a technology in 2008 that will allow travellers to pass through metal detectors without having to take off their shoes. Shoes are often removed because walk-though gate detectors are not reliable enough in detecting metals on the lower parts of the body whereas this technology will allow security officials as well as passengers to do away with such inconvenience since the machine can detect in less than two seconds metals as small as a razor blade (Dillingham, 2000). In general, passengers are screened through airport security into the concourses located at the exit gates that is often referred to as the secure or sterile area. Travellers are discharged into the sterile area so that they will not be subjected to the same security checks they already went through before the flight; however, they may still be subjected to such checks whenever deemed necessary. Not only are the aircrafts a djusting but also the whole airport, including the business establishments in it such as the restaurants and other eateries. Eating establishments discontinued the use of glasses and utensils made of glass and substituted its plastic alternatives to decrease the probability that these will be used as a deadly weapon (GAO, 2004). In the United States, the concourses are usually open for non-passengers who want to welcome relatives and friends on their arrival. However, due to heightened terror threats and activities, such is no longer allowed. It is now required that non-passengers secure a gate pass so that they can enter into the secure area of the airport. The most accepted valid reasons for securing a gate pass is for the purpose assisting children or attending a business meeting in the secure area since businesspersons would opt to hold it there for safety. For such business meetings in the secure area, a 24-hour notice is required in the case of the United States (GAO, 2004). I n other countries, non-passengers are not yet prohibited to access the secure area. In Australia, non-passengers are also subjected to the similar security checks to those of the passengers. However, there are sensitive information that is not released for public viewing such as information on the sensitive areas of the airports, airport ramps and operational spaces. These areas called the Security Identification Display Area (SIDA) are the spaces, which require special qualifications before being entered upon (GAO, 2004) The

Factors that contributed to the creation of the power-sharing regime Essay

Factors that contributed to the creation of the power-sharing regime of the KMT and the CCP in twentieth century China - Essay Example The development of political systems worldwide is related to a series of factors. Normally, the economic and social conditions of a country are set the criteria on which the country’s political framework has to be based At this point, it has been proved that the level of influence of the above conditions on local politics can be differentiated; China is such case. Due to its strong culture and traditions – which have managed to keep their power despite the pressures from Western ethics – the country managed to remain autonomous in the international community; this target was mostly achieved through the establishment of a political system which emphasizes on the independency of the country, not just in terms of culture but also of the production (industrial and agriculture). It seems that the power-sharing regime of KMT and the CCP parties has contributed to the above result. The factors that led to the development of the above regime are examined in this paper. E mphasis is given on the political conflicts and agreements that characterize the specific regime and the initiatives developed each time for the political stabilization of the country. 2. Factors that contributed to the creation of the power-sharing regime of the KMT and the CCP in twentieth century China. The fall of communism in Eastern Europe had left the impression that all countries with similar political systems were likely to follow the same route; however, there was an exception; reference is made to China, a country the political framework of which is based on the principles of communism ... In the context of the imperial power, the emperor had the power to govern with no limitations or restrictions, keeping his power to delegate certain tasks to ‘other individuals and organizations’ (Zheng, 2010, p.62). Also, it was under the influence of the imperial power that China’s political system had accepted the views of Rousseau on political governance – and not that of Locke (Zheng 2010, p.62). In other words, the power-sharing regime, which currently characterizes the political system of China, can be considered as differentiated from the country’s traditional political thought. However, this difference is not as high as expected, a view, which can be developed after examining the political practices of CCP and KMT parties – which participate in the political group that currently governs China. More specifically, a closer review of the political decisions and initiatives of China’s Party can lead to the assumption that the power -sharing regime has two different dimensions: at a first level, the CCP is able ‘to decentralize its powers to other actors according to its needs’ (Zheng 2010, p.62); however, CCP can also ‘recentralize its powers with no notice, if this is necessary’ (Zheng, 2010, p.62), a fact that proves the limited borders of the power-sharing regime in China. The reasons that led CCP to accept a power-regime framework with non-communist parties are analytically explained in the study of Zheng (1997); in accordance with the above study, the first of these reasons was relate with the political power of KMT. The followers of the party were many. The leaders of CCP understood that even many of the supporters of Chiang Kai-Shek decided to follow him in Taiwan, still many

Constructivism and international relations Essay

Constructivism and international relations - Essay Example Thus the debate between liberals and realists forms an axis of contention regarding international relations. Constructivists reject the idea by neorealism that states have a one-sided focus on material advantage. Wendt for example argues the most significant character of international relations is based on social term and not material items . Furthermore, social reality is subjective to international affairs. The social and political world cannot define international relations as a physical institution outside human cognizance. The main focus is, therefore, the extent of anarchy and power in relation to interaction and learning. Wendt (1992) focuses his argument more on rejecting the neorealist position to which constructivism results to anarchy which is mainly geared to self-help of states . In these aspects, state identities and interests come from the relationship subsisting between international and domestic societies. Constructivists argue that state interests are not defined by egoistic terms. This situation is effective because egoistic interests do not form a significant aspect of individuality and are based on individual representation relationships. The relative stabilities in these individual relationships act as if they were authorized by an institution. A lot of convergent factors expose states towards egoism, which in most cases do not preclude collective interests. Constructivism is interested in converging domestic values from a transnational scale through the establishment of democratic institutions.

William Blake and William Wordsworth | Comparison

William Blake and William Wordsworth | Comparison William Blake and William Wordsworth are two poets that have a few very different views on life and the world. And quite a few close similarities, particularly their writing style, as in they way express their thoughts. William Wordsworth was born on 7 April 1770 in Cockermouth, Cumberland, in the Lake District. His father was John Wordsworth, an attorney. The country and beautiful landscape struck Wordsworths imagination and gave him that love of nature that he is now famous for. As a country poet he isnt used to the dark alleys of London like Blake was and rather than seeing cities as a mark on the landscape, he sees them as an addition. A thing of equal beauty This City now doth, like a garment, wear, The beauty of the morning; silent, bare. You can tell he was only visiting London as he compares it to all the natural metaphors and similies he is used to, and it is a surprise to write about cities, since most of his other poems were about nature. If he maybe had stayed a few months he would not have thought as much to it as he does in the poem, maybe because it is so different to the kind of landscape he is used to he sees it in a positive light. He visited France in 1790 and was influenced by the turmoil of the French Revolution he was also greatly affected by his brothers death in 1805. The oppressive rule of France and the chaos and bloodshed of the revolution that he witnessed hit hard on Wordsworths soft, emotional way of thinking. He had to reinvent a whole new understanding of the world and of the human mind in more solid terms. William Blake was born November 28th 1757, it is evident in his poems he had an awareness of the harsh realities of his life-In every voice, in every ban, the mind-forgd manacles I hear. Here Blake is talking about the oppression of the city of London and how the mind is chained-, which is metaphorical, but he is saying almost how the people of the city are losing their individuality. As a young boy he had a vision of seeing angels in the trees. These mystical visions returned throughout his life, leaving a mark on his poetry and outlook on life. His artistic talent was noticed by many and encouraged. At ten years old, he began engraving, he was very creative and he started his first poem 1773. Blake hated the church; he believed that the truth was learned by personal revelation, not by teaching. In the end he started to think that all religions were one and there wasnt any correct religion to follow. -Crying weep, weep in notes of woe; Where are thy father and mother, say? They are both gone up to the church to pray.- Quotes from The Chimney Sweeper this is where an innocent child having a hard life as a chimney sweep who wants to see his mother and father but has been turned away by them and the Church. Showing how evil and wrong the church is in Blakes opinion for turning away a poor boy that needs help. Wordsworths verdict after Blakes death reflected many opinions of the time: There was no doubt that this poor man was mad, but there is something in the madness of this man which interests me more than the sanity of Lord Byron and Walter Scott. Blakes style of writing was mostly pointing out a lot of negative aspects about things, relating many objects or places to political problems. In Blakes London- Blake has a very pessimistic and sad look on the city. Blake also used metaphors, similes and personification but referring to the political problems happening, as well as problems with the city- this could be not just London but all cities in Britain at the time. For example- every blackening church appalls this is not just skin deep as the church walls were actually black with pollution and dirt, but on a deeper level where he is talking about the corruption in the church. Wordsworth compares his version of London to beauty thats different from surface appearances, and he used imagery to describe Londons beauty comparing it to natural valleys, green countryside and trickling rivers and streams. For example-Never did the sun more beautifully sleep, in his first splendour valley, rock, or hill There he is being more philosophical and pensive; there is less description and more awe of the actual city. Many of his works at that time expressed the beauty of a pure nature, while Composed upon Westminster Bridge praised the way nature and civilization could coexist- how the city was just as beautiful as the countryside but in a different, deeper way. Ships, towers, domes, theatres, and temples lie, Open unto the fields, and to the sky. In many of his poems, Wordsworth begins to go more and more into his own mind, not actually looking at surface appearances but looking through that sometimes into an almost trance-like state. Of harmony, and the deep power of joy, We see into the life of things. He says that in one of his poems in Tintern Abbey. He starts this by looking at the beauty of the landscape, then his mind drifts into deeper things, like his understanding of life and the world around him; Until, the breath of this corporeal frame And even the motion of our human blood, Almost suspended, we are laid asleep, In body, and become a living soul. Blake however is quite different and is deep in a different way. But here he uses a very negative tone to help convey his point. The whole way through he continues his downbeatoppressive tone and describing everything thats wrong with London. And mark in every face I meet, Marks of weakness, marks of woe.- Commenting on how everyone in the city are the victims of an endless work, to keep the city running constantly, he describes how this is sucking out the souls of people the more they work. Blake also seems to use a downbeat negative tone to give an actual gloomy effect. He sayshow the youthful harlots curse, blasts the new-born infants tear. That line basically means that teenagers are forced into prostitution for money and how if they are impregnated without a father then that child is doomed to be the son of a prostitute. The child is born into a life of poverty and the cycle just keeps going on and on. Wordsworth- possibly because of a better upbringing, has a more positive outlook on life and can find it easy to see most things in their own kind of beauty. Unlike Blake who found it hard not to look at the landscape itself but see everything wrong with what it stood for- And the hapless soldiers sigh, Runs in blood down palace walls. From London instead of marvelling at the palace like Wordsworth would have done- he looks at it and reads between the lines- how soldiers are sent to their deaths, and how the city profits from it. In conclusion I think that Blake and Wordsworth are similar in styles on writing but believe very different things. Blake was thought mad by many but I think he just had strong thoughts coming from his own experiences. Wordsworth on the other hand was simply a very philosophical poet, in many of his poems going into a trance-like state seeing the inner beauty of things.

Barn Burning Essay -- Literary Analysis, William Faulkner

In â€Å"Barn Burning,† the author, William Faulkner, composes a wonderful story about a poor boy who lives in anxiety, despair, and fear. He introduces us to Colonel Satoris Snopes, or Sarty, a boy who is mature beyond his years. Due to the harsh circumstances of life, Sarty must choose between justice and his family. At a tender age of ten, Sarty starts to believe his integrity will help him make the right choices. His loyalty to family doesn’t allow for him to understand why he warns the De Spain family at such a young age. Faulkner describes how the Snopes family is emotionally conflicted due to Abner’s insecurities, how consequences of a father’s actions can change their lives, and how those choices make Sarty begin his coming of age into adulthood. The conflictions of the Snopes family in this story are of anger, fear, and despair. Abner Snopes, the father, is an angry man. He believes that he is always right, he is abusive, and is always being short-changed by life. Even though his wife is impartial to his actions, she looks at him with an â€Å"anxious face at his shoulder,† which describes how weary she is when in the presence of her husband (Faulkner 1961). Sarty’s whole family lives under a blanket of fear and anxiety due to his father’s insecurities, and resentment for people who belittle him. Sarty’s older brother is easily impressed, and follows their father’s manipulative ways of dysfunction: the brother said â€Å"Better tie him to the bedpost† (Faulkner 1965). Abner uses manipulations and violence to keep them in a sense of hopelessness and fear, never feeling safe. Sarty is too immature to put his young thoughts into words, thinking â€Å"They are safe from him. People wh ose lives are a part of this peace and dignity are beyond... ...pain’s rifle. He cries out for his dead father as a young child would, but makes an adult decision to run away from everything and his family. Sarty ran into the woods for safety. He never knew how long he kept running away from the despair and fear of the choices that he and his father made that day. Little did Sarty recognize that running through that door at the de Spain mansion led to freedom for himself and his family: â€Å"Perhaps, it will take a Sarty Snopes to enter through another front door and, though promptly sent away, learn that he has the capacity and the willingness to make moral decisions that will lead him, not to death, but to life† (Samway 103). Sarty, knowing he would never feel the terror and despair of his father actions again, he chose to grieve, and made an adult decision to move forward to a new beginning in life with his integrity intact.

Neighborhood Watch

The theory of Opportunity-Reduction supports Neighborhood Watch program. This theory assumes that the initiative of potential crime victims or the citizens could help reducing the risk of criminals’ attack (Kilpatrick, 2004). The Opportunity-Reduction model involves four categories such as (1) increasing perceived effort, (2) increasing perceived risks, (3) reducing anticipated rewards, and (4) inducing guilt or shame (or removing excuses, Clarke, 1997) (Clarke and Homel, 1997). The last category which is inducing guilt or shame was eventually omitted in the work of Wortley (2002) since the strategies under this category do not involve the reduction of criminal’s opportunity to attack but rather it encourages and gives the offender more chances of doing illegal actions (Wortley, 1997, 1998). Instead of inducing guilt or shame, Wortley replaces it with precipitation-control. Accordingly, this can be more effective in reducing permissibility for potential offenders or criminals. Wortley (2002) also adds another category which is increasing anticipated punishments which is based on the learning theory that views anticipated rewards can reduce crimes. This is an effective mean of overcoming crime problems and it is also applicable in real prison management (Severson, 2004). Opportunity-Reduction approach also supports Neighborhood Watch programs through crime prevention and self-defense training courses available for community police and citizens as well as focusing on quality of life by citizen participation   (Kilpatrick, 2004; Whittemore, 1989; Baker, Wolfer, & Zezza, 1999). The Canterchase residents should be able to create partnerships, support and collaborate with each other. They need to communicate effectively by reporting or sharing information, use security or warning devices, use detectors or watchdogs. They must also apply problem-oriented policing in order to discuss the nature of problems, assign citizens in taking their responsibilities on crime reduction and solving crime-related problems. Techniques like the SARA or scanning, analysis, response, and assessment (Baker, Wolfer, & Zezza, 1999; Wolfer, Zezza, 2001) are useful in community policing and crime prevention. References Baker, T. E., Wolfer, L., & Zezza, R. (1999) â€Å"Problem-Solving Policing Eliminating Hot Spots.† The FBI Law Enforcement Bulletin 68(11). Clarke, R. V. (ed.) (1997) Situational Crime Prevention: Successful Case Studies 2nd ed. Albany, NY: Harrow & Heston. Kilpatrick, D. G. (2004) Interpersonal Violence and Public Policy: What about the Victims?. Journal of Law, Medicine & Ethics 32(1), 73+. Whittemore, L. S. (1989) Appendix C the Success of Community Crime Prevention. Canadian Journal of Criminology 31(4), 489. Wortley, R. (1997) Reconsidering the role of opportunity in situational crime prevention. In G. Newman, R. V. Clarke and S. G. Shohan (eds.), Rational Choice and Situational Crime Prevention, Aldershot, Ashgate Publishing, pp. 65–82. Wortley, R. (1998) A two-stage model of situational crime prevention. Studies on Crime and Crime Prevention 7, pp. 173–88. Wortley, R. (2002) Situational Prison Control: Crime Prevention in Correctional Institutions. Cambridge, England: Cambridge University Press.   

Best Consulting Firms for MBAs

Best Consulting Firms for MBAs Consulting is a popular career path for business graduates. Many graduates love the idea of providing professional advice for a fee. They also like the salary that comes along with a job at a consulting firm. Consulting is one of the highest paying career paths that an MBA can pursue. If you are interested in a career as a consultant, there are a few consulting firms that you should explore prior to graduation. Parthenon-EY Parthenon-EY offers clients strategy consultancy. They tailor their services to the client and are always on the lookout for top talent. Parthenon-EY pays top dollar to recruit the best and brightest. New MBA graduates who are lucky enough to get a job at Parthenon-EY earn a base annual salary of $170,000. Generous signing bonuses ($35,000) and performance bonuses (up to $9,000) are also available. This makes  Parthenon-EY the highest paying consulting firm for new MBAs. McKinsey Company McKinsey Company is one of the big three consulting firms; the other two are Bain Company and Boston Consulting Group. Collectively, the three are known as MBB.  The New York Times has called McKinsey   Company  the most prestigious management consultancy in the world. So, it should come as no surprise that this management  consulting firm attracts a lot of new MBA graduates. Part of the allure of this company is the  salary offered to new employees. McKinsey Company pays a base salary of $152,500. New employees also receive a sign-on bonus of $25,000 and have a chance to earn performance bonuses up to $35,000. Strategy Strategy is also a global consulting firm with offices around the world. They have large clients in every industry. According to a recent report from Glassdoor,  Strategy is the second-highest paying employer in the United States. They recruit heavily at top business schools and offer a base annual salary of $150,000. New hires also get a $25,000 sign-on bonus and can earn almost $35,000 in performance bonuses. L.E.K. Consulting L.E.K. is a global consulting firm. They have offices in the Americas, Europe, and Asia-Pacific. They are widely considered to be one of the best consulting firms for MBAs. L.E.K. is always looking for new MBA graduates who are well-versed in mergers and acquisitions, corporate  strategy and operations. MBA grads can expect a base salary of $150,000, a sign-on bonus of $25,000 and performance bonuses up to $25,000. DeloitteSO Deloitte  SO is a well-known strategy and operations consulting firm. About 10 years ago, Business Week named Deloitte  SO one of the best places to launch a career, and since then, they have been ranked as one of the most in-demand employers in the world by LinkedIn. Deloitte  SO offers a base salary of $149,000, a sign-on bonus of $25,000 and performance bonuses up to $37,250. What sets them apart from some of the other consulting firms is the fact that Deloitte  SO  likes to reward their returning interns. An intern who works at Deloitte  SO and returns after graduation gets an additional  $17,500  in their sign-on bonus as well as reimbursement for their full 2nd year of MBA tuition; thats a big deal for any MBA student with large student loans. Bain Company As mentioned earlier,  Bain Company  is one of the big three consulting firms. They are considered a very desirable employer, and they are always seeking new MBAs who have experience with  mergers and acquisitions, corporate strategy, finance, and operations. Knowledge of restructuring is also helpful. Like the other large consulting firms, Bain Company offers a high base salary, a sign-on bonus and performance bonuses. The base salary is $148,000. The sign-on bonus is $25,000. And the performance bonus is up to $37,000.   Boston Consulting Group No list of the best consulting firms for MBAs would be complete without Boston Consulting Group  (BCG). They have offices around the world, and their clients include more than two-thirds of Fortune 500 companies. Boston Consulting Group often ranks rather high on the list of  100 Best Companies to Work For put out by Fortune. BCG offers a base salary of  $147,000 a more-generous-than-normal sign-on bonus of $30,000 and performance bonuses up to $44,100.  When you combine all of these figures, Boston Consulting Group becomes one of the highest paying employers for new MBA graduates.   Salary Data The salary data in this article  was obtained from ManagementConsulted.com, a company that compiles salary data collected from their readers, industry insiders, and other sources.

Predictions to Support Reading Comprehension

Predictions to Support Reading Comprehension As a teacher, you know how important it is for students with dyslexia to make predictions while reading. You know it helps aid in reading comprehension; helping students both understand and retain the information they have read. The following tips can help teachers reinforce this essential skill. Supply students with a predictions worksheet while reading. You can create a simple worksheet by dividing a piece of paper in half, long ways, and writing Prediction on the left hand half and Evidence on the right hand half. As students read, they stop from time to time and write a prediction on what they think will happen next and write a few key words or phrases to back up why they made this prediction. Have students review the front and back of a book, the table of contents, the chapter names, subheadings and diagrams in a book prior to reading. This helps them gain an understanding of the material before reading and think about what the book may be about. Ask students to list as many possible outcomes of a story as they can think of. You might make this a class activity by reading a portion of a story and asking the class to think about different ways the story might turn out. List all the ideas on the board and review again after reading the rest of the story. Have students go on a treasure hunt in a story. Using a highlighter or having students write clues on a separate paper, go through the story slowly, thinking about the clues the author gives about how the story will end. Remind students to always look for the basics of a story: Who, What, Where, When, Why and How. This information will help them separate the important and nonessential information in the story so they can guess what will happen next. For younger children, go through the book, looking at and discussing the pictures before reading. Ask the student what he thinks is happening in the story. Then read the story to see how well he guessed. For non-fiction reading, help students identify the main topic sentence. Once students can quickly identify the main idea, they can make predictions about how the rest of the paragraph or section will provide information to back up this sentence. Predictions are closely related to inferences. To accurately make predictions students must understand not only what the author said, but what the author is implying. Help students understand how to make inferences while they are reading. Read a story, stopping before you reach the ending. Have each student writ e their own ending to the story. Explain there is no right or wrong answers, that each student brings their own perspective to the story and wants it to end in their own way. Read the endings aloud so students can see the different possibilities. You can also have students vote on which ending they think will most closely match the authors ending. Then read the rest of the story. Make predictions in steps. Have students look at the title and the front cover and make a prediction. Have them read the back cover or the first few paragraphs of the story and review and revise their prediction. Have them read more of the story, maybe a few more paragraphs or maybe the rest of the chapter (based on the age and the length of the story), and review and revise their prediction. Continue doing this until you have reached the end of the story. Make predictions about more than story endings. Use a students previous knowledge about a subject to predict what concepts are discussed in a chapter. Use vocabulary to discern what non-fiction text will be about. Use knowledge of an authors other works to predict writing style, plot or the structure of a book. Use the type of text, for example a textbook, to predict how information is presented. Share your predictions with the class. Students model teachers behaviors so if they see you making predictions and guessing about the en ding to a story, they will be more apt to employ this skill as well. Offer three possible endings to a story. Have the class vote on which ending they think matches the authors. Allow for plenty of practice. As with any skill, it improves with practice. Stop often in reading to ask the class for predictions, use worksheets and model predictions skills. The more students see and use predictions skills, the better they will be at making predictions. Â   References: Helping Students Develop Strong Content Area Reading Skills, 201, Joelle Brummitt-Yale, K12Readers.com Tips for Teaching: Comprehension Strategies, Date Unknown, Staff Writer, LearningPage.com

Correlational research Paper Example | Topics and Well Written Essays - 750 words

Correlational - Research Paper Example The first step in the design will be to make an observation of a social event or situation. In this instance, such observation has already been made, the outcome of which has helped in determining the two variables to use. This is because of De Voss et. Al. (1982) indicated that when observations are made about issues that are unknown, unexplained or new, it helps in formulating problems from the observed issues. The problem that will be dealing with can, therefore, be said to be the impact of aptitude test on success in an algebra course. That is, if aptitude test correlates positively with success with algebra test, then it means students’ failure can be associated with low aptitude test outcomes.The second step in the design will be to formulate a hypothesis or a set of hypotheses that explain the observations. A hypothesis is a general claim made about the relationship between the variables before actual data collection begins (Meredith, Gall, and Borg, 2007). The hypothes is must, however, be approached in such a way that it can be tested as being either valid or not valid. Depending on the background research performed on the variables, it will be possible to easily formulate a hypothesis that can be validated. For this topic, a possible hypothesis is that there is no relationship between an aptitude test and success with algebra course.The third stage is one of the most important, where the researcher designs or formulates a plan to test the hypothesis that has been set.

Work-based Learning Essay Example | Topics and Well Written Essays - 3500 words

Work-based Learning - Essay Example Thus, the drastic changes that have been taking place in every field of occupation due to globalisation has also resulted in the new knowledge economy where the essential issues become what counts as knowledge sin an organisation, how this knowledge is transmitted and stored, who owns it, and how it is shared etc. that is to say, there has been an increasing significance for both individual workplace learning and organisational learning. Significantly, "workplace learning is a process through which both individuals and organisations move towards desirable and sustainable outcomes. However, this raises the question of whether individual learning and organisational learning are congruent and synonymous. In principle, the desirable outcomes and planned goals of individuals and organisations may diverge. ... Learning in the contemporary world of globalisation has been realised as an important process which involves experience with knowing and there is great scope for work-based learning in every field of education. According to the UK's Campaign for Learning, learning can be defined as "a process of active engagement with experience. It is what people do when they want to make sense of the world. It may involve an increase in skills, knowledge or understanding, a deepening of values, or the capacity to reflect. Effective learning will lead to change, development and a desire to learn more." (Campaign for Learning, 2) This definition of learning suggests the importance of work-experience in the process of learning which can result in an increase in skills, knowledge or understanding, a deepening of values, or the capacity to reflect. Significantly, work-based learning, which is central and most important aspect of learning to impact on performance at work, reflects the concept of work-experience in the process of learning and it is a practical approach to learning and experience. With the emphasis on high standards in the learning process of higher education, the question is now open about what approach educators may employ in order to achieve those standards. Even in the high school levels of learning, educational reforms to help the student development emphasise the incorporation of work-based learning which integrates experiences outside of the school with classroom learning. "Over the last 15 years, some education reformers have argued that integrating experiences outside of the school with classroom learning is an effective approach to engaging students in their studies and helping to prepare them for education and work after high

Environmental Problem - Water Shortages Essay Example | Topics and Well Written Essays - 2500 words

Environmental Problem - Water Shortages - Essay Example Jury and Vaux (2007) posited that if the present rate of water consumption continues, the situation of water shortage will only get worse. They went on to postulate that by the year 2025, over two-thirds of the world’s population will most likely be faced with the challenge of water shortages. The world’s ecosystems will also be significantly affected as a result of the shortages. Water pollution comes from many sources, and this renders the water unusable or reduces the amount available for use. Ocean litter, for instance, from landfills blowing into the streams, containers from ships in the course of storms, and trash that normally washes off city streets end up in the ocean. While in the ocean, this debris undergoes decomposition slowly over the years leading to accumulation in large patches and washing on the beaches (Kundzewicz & Kaczmarek, 2000). Pesticides and fertilizers that are used in firms mostly end up in water sources. According to Chaturvedi (2000), the u se of these substances in crop production has increased substantially and is largely due to the increased demand for food production to sustain the increasing human population. While can argue that pesticides and fertilizers are used for noble causes, their effects on the environment are quite devastating. Indiscriminate application of these chemicals ends up polluting not only the lands where they are used but also water sources as they are washed into the nearby streams and waterways (Chaturvedi, 2000).

DuPont Case Analysis Essay Example for Free

DuPont Case Analysis Essay INTRODUCTION: DuPont was established in the year 1802 by French Chemist, E.I DuPont de Nemours in USA. DuPont became successful by the end of third year and it started exporting back to its continent, Europe. In the span of these 200 years, it had shaped into a global company with variety of enterprises like Chemical, Energy, Science Based and High Technology. It maximized its manufacturing or processing operations in 40 countries and its products were sold in 150 places by the end of 1990. The company’s one third revenue comes from the European market from 1960. There are 50 companies, which employed more than 19,000 people in 14 countries of Europe. The scientists of DuPont developed the synthetic fibres industry by introducing nylon. They were the leading manufacturer of manmade fibres in the world. The most important product of DuPont is â€Å"Carpet Fibre†. This division was setup in Geneva, Switzerland which holds the RD, marketing and production areas. Products were produced in the UK and the sales offices are in Germany, the UK, France, Belgium, Spain, Scandinavia, and Holland. CASE CONTEXT: DuPont’s product nylon carpet fibre is not different from other fibres available in the market; however they were the top players in fibre industry. The parameters like color and texture are the factors that differ in the carpets. The fibre industry has nothing to do with these things. The carpet industry is concerned with these directly and they in turn led to the wholesalers, retailers and in turn to the customers. From the consumers point of view the carpet should be colorful, its texture is important and it should be easily maintained. DuPont has done extensive research on the customers third interest i.e. maintenance and founded the â€Å"Stain Master† that would allow to remove the stains permanently. With this invention, DuPont’s market share increased by 5%. This was first introduced in USA, later on with minor changes it has been launched in Europe. It gave mixed results for the company. DuPont’s decision is that the mills should have certain quality to use the process of stain master. In Germany, many mills felt that they don’t have these standards set by them; hence they didn’t show interest in the product. The UK market and France market reacted positively. Many companied executed the same formulae by giving low quality material at lower prices. This led to the stake of DuPont’s position in the market by 1980. FACTS: DuPont conducted research in the European Industry after the decline of its position in the market. They came to know some important facts: Flow of DuPont’s Fibres: DuPont’s Fibres Carpet Mills Wholesalers Retailers End Users The carpet mills are concentrated in only three countries the UK, France and Belgium. 80-20 rule is applied in European market; 80% of the business is carried but top 20% manufacturers. To stimulate the market, they used the help of Style Books to the wholesalers and retailers. They were not loyal customers to the fibre industry. They focused on the company that provides material at the best price. Retail and Wholesale operations are very different in these countries. In Germany  wholesalers dominated in the UK and Belgium retailers dominated the supply chain. PROBLEM: DuPont concentrated only on the carpet mills and they didn’t make any effort in knowing the end users. They invested money in RD for making innovations in fibres that is to be supplied to the carpet mills. They are least bothered to know about the customers. ALTERNATIVES: DuPont need to concentrate on the techniques that value the customers without affecting the supply chain. As carpet mills are the important customers to DuPont, they need to retain them. â€Å"Creating loyal customers is at the heart of every business†-Don Peppers and Martha Rogers. Identify the â€Å"Customer Benefit† and â€Å"Customer Cost† of the users and provide the product at â€Å"Customer-perceived value† (CPV). Monitor the satisfaction of the customer by conducting surveys. ANALYSIS OF ALTERNATIVES: In Europe, there are 60 carpet mills that can level DuPont’s standards; however only 50% of them are using their fibres. Rest of them wandering around for best price. The mills using DuPont’s fibres should be retained and they need to analyze the CPV value and set the â€Å"price† accordingly. The â€Å"place† is also very important for setting the price as European market is fragmented unlike USA market which is having only four players. The customers give least preference to carpets when they are buying house- hold equipments. They are not enjoying or admiring to shop for carpeting as it is just a blanket to protect the floor. Customers spend at least 10 weeks in buying the carpets.52% Customers buy carpets if the existing one is worn out. Repurchase cycle for carpets is 12 years. Customers are not satisfied with the product information. The retailers and wholesalers are not providing full information. They are not providing information on price, color, fitting rooms and quality. If â€Å"product† and â€Å"service† quality is maintained, customers would retain with them only. They didn’t â€Å"promote† their products. RECOMMENDATIONS: Retain the customers by giving them offers that attracts them easily. Provide sample fibres to 50% carpet mills that are not using DuPont’s material and offer a price that satisfy their needs. Provide a portal for the customers to choose their own color and design according to their choices by collaborating with mills. Provide better customer care services by training the retailers and wholesalers. Provide catalogues to the customers for better awareness of the product, whether it is retailer, wholesaler or final end user. PLAN OF ACTION: Identify the customers who are loyal to the company, give them incentives and promote the product brand. Select the location where sales of the company are not up to the mark and apply the alternatives to them i.e. setting price and giving offers to the carpet mills. Later on collaborate with the mills in that location and train the wholesalers and retailers about the product and give them the full information along with the catalogues. Provide better services to the customers by setting a portal where they can choose their own designs and place order to the carpet mills. Implement the above mentioned steps for three months and find the sales growth. Spread the plan if it worked in the selected location, by making minute changes to it according to the location. CONTINGENCY PLAN: Since DuPont is an expert and leading manufacturer in the manmade fibres, it can go for â€Å"VERTICAL INTEGRATION†. Instead of supplying fibres to carpet mills, it can set up a mill and manufacture carpets. It can directly deal with the customers. The above mentioned plan can be executed without the intervention of the mills. The Customer Satisfaction can be monitored and it can get to know the loopholes in the process and thus leading to correction of the mistakes and increasing the sales growth of the company.

The Fmcg Industry Of Netherland Marketing Essay

The Fmcg Industry Of Netherland Marketing Essay This Global/ Country Study and Report is prepared as the partial fulfillment for Forth Semester of degree Program of Masters of Business Administration curriculum of GUJARAT TECHNOLOGICAL UNIVERSITY. The topic of the project is FMCG Industry in Netherland. Here, the project report on Netherland, we have tried our level best to Collect information from it and prepare this report as an error free report; We assured that all information is trusted: every effort has been made to offer the most authenticate position with accuracy. During the whole project period we got a lot of knowledge and came to know about the reality of the mining industry of the country. Acknowledgement The successful completion of a Global Country Project Report requires guidance help from a number of people. We were fortunate to have all the support from our faculty, therefore take this opportunity to express our profound sense of gratitude to the all those who extended their whole hearted help and support to us in completing the project study report work on FMCG Industry in Netherland. We also express our deep sense of gratitude to Prof. Ramzan Samaa (Guide Faculty), who has helped us to do our project. We also thank to other faculty of L J Institute of Management Studies respondents for his valuable help in each stage of the project. Because of his co-operation and continuous guidance successful completion of this project study report was made possible. No Acknowledge would suffice for the support of my family members, classmates friends. Lastly, we extend our thanks to all whose name have not been mentioned in successful way carrying out the project report. Index Sr No. Particulars Page No. 1. The FMCG industry of Netherland Introduction 7 2. Upgrades on major mines in North Korea 15 3. The North Korea Mining Business Projects Between Korean Mining Projects Foreign Company Mining Projects 26 4. The outlook for Inter Korean Mining Corporation 34 5. The Indian Mining Industry- Market Opportunities Entry 36 6. Future Prospects 38 7. Conclusion 39 Introduction of FMCG Industry Fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) are products that are sold quickly and at relatively low cost . Examples include non-durable goods such as soft drinks, and grocery items. Though the absolute profit made on FMCG products is relatively small, they are generally sold in large quantities, and so the cumulative profit on such products can be substantial. Fast-moving consumer electronics are a type of FMCG and are typically low priced generic or easily substitutable consumer electronics, including lower end mobile phones, MP3 players, game players, and digital cameras, which have a short usage life, typically a year or less, and as such are disposable. Cheap FMCG electronics are often retained even after immediate failure, as the purchaser rationalizes the decision to not return the goods on the basis that the goods were cheap to begin with, and that the cost of return relative to the low cost of purchase is high. Thus low-quality electronic FMCG goods can be highly profitable for the vendors. The term FMCGs refers to those retail goods that are generally replaced or fully used up over a short period of days, weeks, or months, and within one year. This contrasts with durable goods or major appliances such as kitchen appliances, which are generally replaced over a period of several years. FMCG have a short shelf life, either as a result of high consumer demand or because the product deteriorates rapidly. Some FMCGs-such as meat, fruits and vegetables, dairy products, and baked goods-are highly perishable. Other goods such as alcohol, toiletries, pre-packaged foods, soft drinks, and cleaning products have high turnovers rates. An excellent example is a news papers-every days newspaper carries different content, making one useless just one day later, necessitating a new purchase every day. The following are the main characteristics of FMCGs: From the consumers perspective: Frequent purchase Low involvement (little or no effort to choose the item products with strong brand loyalty are exceptions to this rule) Low price From the marketers angle: High volumes Low contribution margins Extensive distribution networks High stock turnover Introduction of FMCG Industry in Netherland The Fast Moving Consumer Goods (FMCG) market in Europe is highly competitive. This market is quite saturated, with thight margins and difficult to predict consumer behavior. The battle to win consumers is forcing companies to give highest priority to cost reduction, risk management and logistics efficiency. Moreover, the recession has changed the behaviour of almost all consumers. Instead of impulsive shopping, price value trade-offs and extensive search for value are nowadays leading. In this respect, you can imagine that e-tailing and e-commerce are becoming more and more trending topics. Online presence of companies has improved enormously in recent years. Every company which delivers their products to end-consumers has its own webshop. MediaMarkt, the electronica retail chain with a franchise-formula, part of the German METRO Group, was one of the last large retail chains which hasnt a webshop untill now. Their invisibility on the web was due to regional price differences of their products. Up to now, because even the MediaMarkt now opened its webshop. Other examples are the British company, The Body Shop, which started last November with their webshop in the Netherlands. Its important to take care of reinforcement between online and offline shop, instead of the other way around. On the other hand, companies with a pure online focus, like bol.com and wehkamp.nl, are reaching the highest turnover levels. A recent research of JP Morgan reveals that the worldwide growth of e-commerce in 2011 will be 19%. In 2012 this growth will be more than 20%. The online sales in the US and Europe will grow at a stable level, but Asia will emerge as a growing e-commerce market. Regarding e-commerce in Europe, the main importance and presence in this segment is coming from West-Europe. In this are, the market is expected to grow with 11% per year in the coming four years. The turnover from online shopping in Western Europe in 2009 was equal to à ¢Ã¢â‚¬Å¡Ã‚ ¬ 68bln. The most popular products to buy online are books, event-tickets and clothing. Recent transactions in the e-commerce market support the above statement. In 2007 Sanoma acquired mrticket.nl, an online ticketing agency. In 2010, the Italian company Arnoldo Mondadori Editore acquired Mondolibri, active in the book segment. Recently, Sanoma Digital acquired (a part of) No Search, an internet marketing company, active in the development of several fashion portals like Fashionchick.nl. As mentioned earlier, online fashion is a high growth segment in the e-commerce market. Based on recent transactions in the e-commerce market, the estimated EBITDA multiple for mid-market companies is on average around 6-8 times EBITDA. Despite the international character of the European e-commerce market, only 7% of all European consumers buy their products in webshops in other EU-countries. Probably, this number will rise in coming years. Looking at the Dutch e-commerce market, youll see that the Netherlands are rather active in this online segment, because 71% of all consumers buy products online. An important reason for the growth of the e-commerce market is the trust that consumers have in the security regarding payments. Just 7% of the Dutch population is worried about this financial security. In the Netherlands, since several years an online secure payment system exists, callled iDeal, which means that customers can easily connect with their bank to make safe online payments. This type of payment is an important succes factor in the e-commerce market. To further realise growth in the e-commerce market in the future, it will be important to develop a cross-channel strategy in the coming years. Consumers will buy offline as well as online and mobile commerce is a new channel, which will develop in the near future. In the Netherlands 69% of the consumers buy products via 2 or more different channels, in the US this percentage is even higher, 78%. In general, for the retail sector, branding and customer loyalty are important factors for success. Nowadays, social media is used to reinforce branding and to promote several in-store loyalty programs as well as customer loyalty programs. In the near future, social media could be used as well for sharing online purchasing activities. Recently, wehkamp.nl has invested in social shopping applications in their webshop, so that customers can shop online together with friends, or could start a private shopping session. Other key factors, which are important to realise the predicted growth in the future are the focus on expansion in other countries as well as a variety of segments in different webshops. Furthermore, the e-commerce segment is of interest to several private equity clubs. It is expected that this will lead to consolidation in the market, which will lead to larger e-commerce companies and a stronger competitiveness in the market. Figures released by Statistics Netherlands show that retail turnover was nearly 1 percent higher in August 2012 than in the same month last year. Prices rose by 1.9 percent, while the volume of sales fell by 1 percent. The favourable shopping-day pattern had a positive effect on turnover in August this year. After correction for this effect, turnover is nearly 2 percent lower, and the volume is around 4 percent lower. Compared with August 2011, turnover in non-food shops was nearly 5 percent lower. The decrease in turnover in the first eight months of 2012 is now just under 4 percent. The largest drop in turnover was reported by shops selling home furnishings; their turnover was 13 percent down on August last year. Textile supermarkets and clothes shops, too, experienced large decreases in turnover. Chemists were the only shops that saw turnover increase. For shops selling food, drink and tobacco turnover rose by 7 percent. After adjustment for the effects of shopping-days, however, this drops to only 2 percent. Prices in these shops rose by 1.5 percent, while the increase in volume was limited. Turnover for mail order companies and internet retailers rose by 9 percent, for petrol stations it grew by nearly 4 percent. FMCG companies/Retail stores in Netherland HEMA (originally an acronym for Hollandsche Eenheidsprijzen Maatschappij Amsterdam, Dutch Standard Prices Company Amsterdam) is a Dutch discount retail chain that started life as a dimestore. It was part of the Maxeda company until June 2007, when it was bought by Lion Capital LLP. The chain is characterized by relative low pricing of generic housewares, which are mostly made by and for the chain itself, often combined with original design. The first HEMA opened in Amsterdam on 4 November 1926, set up by the Jewish owners of the luxury department store De Bijenkorf. Originally, as a price-point retailer at prime locations in town centers, goods were sold using standard prices (hence its name), with everything having a Standard price of 10, 25 or 50 cents, and later also 75 and 100 cents. The relative economic boom in the Netherlands in the period 1900-1930 benefited HEMA. Branches http://upload.wikimedia.org/wikipedia/commons/thumb/a/ad/HEMA_interieur.JPG/220px-HEMA_interieur.JPG http://bits.wikimedia.org/static-1.21wmf12/skins/common/images/magnify-clip.png Since the 1990s, HEMA has also expanded into neighboring countries. HEMA branches by country per 2011: Netherlands: 445 Belgium: 88 Germany: 10 (in 2013) Luxembourg: 4 (in 2013) France: 16 (in 2013) De Bijenkorf De Bijenkorf (literally, the beehive) is a chain of high-end department stores in the Netherlands with its flagship store on Dam Square, Amsterdam. It was founded by Simon Philip Goudsmit (1845-1889). De Bijenkorf flagship store on Dam Square in Amsterdam De Bijenkorf was founded in 1870 by Simon Philip Goudsmit (1845-1889), starting as a small haberdashery shop at 132 Nieuwendijk, one of Amsterdams oldest streets. Initially limited to yarn and ribbons and employing a staff of four, the stock expanded gradually. After the death of Goudsmit in 1889, Goudsmits widow expanded the business with the help of a cousin, Arthur Isaac, and her son Alfred, eventually purchasing adjacent buildings. In 1909, these connecting shops were replaced by a new building. That same year, a temporary building was erected on the site of the demolished Beurs van Zocher, and construction of a new store commenced beside it. http://upload.wikimedia.org/wikipedia/commons/thumb/d/d3/Lahayebijenkorf19.JPG/120px-Lahayebijenkorf19.JPG http://bits.wikimedia.org/static-1.21wmf12/skins/common/images/magnify-clip.png De Bijenkorf in The Hague Rotterdam store, 1930-1940 A third store opened in Rotterdam in 1930, designed by Willem Dudok. 700,000 people attended the ceremony. The store was heavily damaged in the Rotterdam Blitz of 1940. The intact part of the store remained open to business until 1957, but was cleared in 1960 to build the Rotterdam Metro. A new store was designed by Hungarian-American architect Marcel Breuer (1902-1981). As of 2012, de Bijenkorf has 12 stores nationwide. The oldest and largest branches, situated in Amsterdam, The Hague and Rotterdam have retail space ranging between 15,000 and 21,000 square meters. Smaller stores (7,500-10,000 m ² of retail space) can be found in Amstelveen, Arnhem, Eindhoven, Enschede, Utrecht and Maastricht. The branches in Breda, Den Bosch and Groningen specialize in fashion (3,000 m ² retail space). Metz Co Metz Co is a department store in Amsterdam, The Netherlands, founded in 1740 by Mozes Samuels who sold his company to his three sons in 1794. Metz Co. has the right to display the Dutch royal coat of arms with the legend By Royal Warrant Purveyor to the Royal Household since 1815. To celebrate its 150th anniversary in 1890 the store moved to a new location on the Leidsestraat, where the company is still located. One of the first designers was Paul Bromberg (1893-1949), he became famous as a author and promotor of Decorative Arts and Interior Design. The distinctive cupola on the stores roof was built in the 1930s and designed by Dutch artist Gerrit T. Rietveld. Metz Co celebrated its 250th anniversary in 1990 by launching its own fragrance. The roof of the store doubles as an exclusive location for wedding ceremonies. Introduction of FMCG industry in India India is one of the largest emerging markets, with a population of over one billion. India is one of the largest economies in the world in terms of purchasing power and has a strong middle class base of 300 million. FMCG companies operate in a highly competitive and fast-changing environment. In order to stay ahead, they need to regularly renew their product portfolio to suit the ever changing needs and preferences of their customers. ValueNotes has executed in-depth research in many segments of the FMCG industry and can help you keep your finger on the pulse of your existing consumers; identify new markets for your products; track the activities of your competitors; and monitor industry trends. India a large consumer goods spender An average Indian spends around 40 per cent of his income on grocery and 8 per cent on personal care products. The large share of fast moving consumer goods (FMCG) in total individual spending along with the large population base is another factor that makes India one of the largest FMCG markets. FMCG Category and products Household Care Fabric wash (laundry soaps and synthetic detergents); household cleaners (dish/utensil cleaners, floor cleaners, toilet cleaners, air fresheners, insecticides and mosquito repellents, metal polish and furniture polish). Food and Health beverages; soft drinks; staples/cereals; Beverages bakery products (biscuits, bread, cakes); snack food; chocolates; ice cream; tea; coffee; soft drinks; processed fruits, vegetables; dairy products; bottled water; branded flour; branded rice; branded sugar; juices etc. Personal Care Oral care, hair care, skin care, personal wash (soaps); cosmetics and toiletries; deodorants; Perfumes; feminine hygiene; paper products. INDIA COMPETITIVENESS AND COMPARISON WITH THE WORLD MARKETS Materials availability India has a diverse agro-climatic condition due to which there exists a wide-ranging and large raw material base suitable for food processing industries. India is the largest producer of livestock, milk, sugarcane, coconut, spices and cashew and is the second largest producer of rice, wheat and fruits vegetables. India also has an ample supply of caustic soda and soda ash, the raw materials in the production of soaps and detergents India produced 1.6 million tonnes of caustic soda in 2003-04. Tata Chemicals, one of the largest producers of synthetic soda ash in the world is located in India. The availability of these raw materials gives India the locational advantage. Cost competitiveness Labour cost comparison Source: DIPP. Apart from the advantage in terms of ample raw material availability, existence of low-cost labour force also works in favour of India. Labour cost in India is amongst the lowest in Asian countries. Easy raw material availability and low labour costs have resulted in a lower cost of production. Many multi-nationals have set up large low cost production bases in India to outsource for domestic as well as export markets. Leveraging the cost advantage Global major, Unilever, sources a major portion of its product requirements from its Indian subsidiary, HLL. In 2003-04, Unilever outsourced around US$ 218 million of home and personal care along with food products to leverage on the cost arbitrage Opportunities with the West. To take another case, Procter Gamble (PG) outsourced the manufacture of Vicks Vaporub to contract manufacturers in Hyderabad, India. This enables PG to continue exporting Vicks Vaporub to Australia, Japan and other Asian countries, but at more competitive rates, whilst maintaining its high quality and cost efficiency. Presence across value chain Indian firms also have a presence across the entire value chain of the FMCG industry from supply of raw material to final processed and packaged goods, both in the personal care products and in the food processing sector. For instance, Indian firm Amuls product portfolio includes supply of milk as well as the supply of processed dairy products like cheese and butter. This makes the firms located in India more cost competitive. FAST MOVING CONSUMER GOODS POLICY India has enacted policies aimed at attaining international competitiveness through lifting of the quantitative restrictions, reduced excise duties, automatic foreign investment and food laws resulting in an environment that fosters growth. 100 per cent export oriented units can be set up by government approval and use of foreign brand names is now freely permitted. TRENDS AND PLAYERS The Indian FMCG sector is the fourth largest sector in the economy and creates employment for three million people in downstream activities. Within the FMCG sector, the Indian food processing industry represented 6.3 per cent of GDP and accounted for 13 per cent of the countrys exports in 2003-04. A distinct feature of the FMCG industry is the presence of most global players through their subsidiaries (HLL, PG, Nestle), which ensures new product launches in the Indian market from the parents portfolio. Critical operating rules in Indian FMCG sector à ¢Ã¢â€š ¬Ã‚ ¢ Heavy launch costs on new products on launch advertisements, free samples and product promotions. à ¢Ã¢â€š ¬Ã‚ ¢ Majority of the product classes require very low investment in fixed assets à ¢Ã¢â€š ¬Ã‚ ¢ Existence of contract manufacturing à ¢Ã¢â€š ¬Ã‚ ¢ Marketing assumes a significant place in the brand building process à ¢Ã¢â€š ¬Ã‚ ¢ Extensive distribution networks and logistics are key to achieving a high level of penetration in both the urban and rural markets à ¢Ã¢â€š ¬Ã‚ ¢ Factors like low entry barriers in terms of low capital investment, fiscal incentives from government and low brand awareness in rural areas have led to the mushrooming of the unorganised sector à ¢Ã¢â€š ¬Ã‚ ¢ Providing good price points is the key to success THE TOP 10 COMPANIES IN FMCG SECTOR S. NO. Companies 1. Hindustan Unilever Ltd. 2. ITC (Indian Tobacco Company) 3. Nestlà © India 4. GCMMF (AMUL) 5. Dabur India 6. Asian Paints (India) 7. Cadbury India 8. Britannia Industries 9. Procter Gamble Hygiene and Health Care 10. Marico Industries Market Summary Approximately 80 percent of the Dutch food retail outlets are full service supermarkets, operating on floor space between 500 and 1,500 square meters located downtown and in residential areas. The remaining 20 percent includes superstores located in industrial parks, convenience stores near human traffic and department stores. In Belgium, full service supermarkets, like Colruyt and AD Delhaize, account for an estimated 75 percent of the market. The share of superstores and convenience stores in Belgium is higher than in the Netherlands, an estimated 25%. In Luxembourg, full service supermarkets like Cactus, Alvo and Match dominate the market as well. In all three markets, independent food retail stores are increasingly leaving the scene. On-going consolidation in the retail market, changing consumer demands and shrinking margins seem to drive this trend. The top 3 biggest retailers in the Netherlands, Albert Heijn, C1000, and Jumbo [1] , have a market share of 56 percent. The market for discounters like Aldi and Lidl has stabilized around 15%. Also discounters like Bas van der Heijden, Dirk van den Heijden and Digros were able to maintain their share of the market. In Belgium, the leading 3 retailers have 75 percent of the market. The market share of the discounters in Belgium is about 40% where Colruyt saw its market share growing at the expense of Aldi and Lidl. Recent market share figures for Luxembourg were not available when writing the report. Table 1: Market Shares of Leading Food Retailers in 2010 Netherlands Belgium Luxembourg Company Name Market Share Company Name Market share Company Name No. of Stores Albert Heijn 31.1% Carrefour 29.0% Delhaize 30 C1000 14.9% Delhaize 25.0% Cactus 18 Jumbo 9.9% Colruyt 23.5% Match 14 Aldi 8.5% Aldi 12.5% Alvo 11 Plus 6.1% Lidl 4.0% Smatch 8 Lidl 5.5% Louis Delhaize 3.0% Cora 2 Other 23.8% Other 3.0% Auchan 1 Total 100.0% Total 100.0% Higher Prices For Food Products The turnover of the Benelux food retail industry in 2009 was an estimated à ¢Ã¢â‚¬Å¡Ã‚ ¬52.7 billion (à ¢Ã¢â‚¬Å¡Ã‚ ¬31.1 billion in the Netherlands, à ¢Ã¢â‚¬Å¡Ã‚ ¬21.1 billion in Belgium and à ¢Ã¢â‚¬Å¡Ã‚ ¬0.5 billion in Luxembourg). For 2010 turnover is expected to increase by 1.5%. Reasons for this moderate growth: Expected moderate increase of the unemployment rate Limited economic growth Consumers plan to spend more food euros at retail than foodservice Due to the current economic situation the growth of value-added products has decreased at the expense of more basic products. Table 2: Turnover Benelux food retail, past 5 years 2005 2006 2007 2008 2009 à ¢Ã¢â‚¬Å¡Ã‚ ¬ 44.1 billion à ¢Ã¢â‚¬Å¡Ã‚ ¬ 45.7 billion à ¢Ã¢â‚¬Å¡Ã‚ ¬ 47.7 billion à ¢Ã¢â‚¬Å¡Ã‚ ¬ 50.5 billion à ¢Ã¢â‚¬Å¡Ã‚ ¬ 52,7 billion The trend of higher prices for raw materials and therefore consumer products, as discussed in the previous Food Retail report, seems to have stopped. Benelux consumer prices rank among the cheapest within the EU-27. Changing Consumer Needs In addition to the fact that Benelux consumers are shedding retailer-loyalty, they shop at different times and locations. During lunch breaks, people buy their lunch and often the ingredients for that eveningà ¢Ã¢â€š ¬Ã… ¸s meal. Small convenience stores, like AH To Go and Delhaize shop à ¢Ã¢â€š ¬Ã… ¾n go are opened at locations near heavy traffic like train stations, schools, and shopping malls to satisfy these consumersà ¢Ã¢â€š ¬Ã… ¸ needs. The traditional neighborhood grocery stores are either going out of business, are taken over or are changing their product portfolio. They are expanding the grocery line of fresh and convenient prepared-foods with tailor-made sandwiches, filled tortillas and drinks to satisfy the consumersà ¢Ã¢â€š ¬Ã… ¸ need for food for now. The ready-to-cook segment is also expanding. Awareness of Health and Well-Being Consumers are becoming more aware of and are more concerned about the effects food has on their health and well-being. There is a trend to a healthier lifestyle in Western countries. The following US industries have all benefitted from this trend: nuts (like pistachios, almonds, walnuts, etc.), fruits (like cranberries, pomegranates, berries, etc.), seafood (like salmon, halibut, etc.). Consumers are more cautious about foodborne illnesses. Consumers are looking for and finding more information on this topic; the media, including the Internet, TV and magazines, respond to this desire and feed into it. Food processors and retailers play a crucial role as well, as they develop and market food products (like juices from POMwonderfull, Healthy People, etc.) to create, anticipate and meet consumersà ¢Ã¢â€š ¬Ã… ¸ needs. Climate Change Carbon Footprint Labeling Last year the European Commission conducted a survey on mandatory Carbon Footprint Labeling (CFL). Popular support for CFLl by country, varied between 47% to 90% of all 27,000 Europeans that were interviewed. Seventy percent of the respondents in Belgium and Luxemburg were supportive of a mandatory label whereas this was only supported by half of the Dutch interviewees. The latter, on the other hand, were after the Finnish the most likely (28%) to prefer a voluntary labeling system. After the December 2009 U.N. Climate Change Conference in Copenhagen, the discussion on CFL got a new boost. Belgian federal Minister of Climate and Energy, Mr. Paul Magnette, stated that in addition to the price, the CO2 emission should also be mentioned on each product. This way, consumers become aware and see to what extent the products they buy influence global warming. Carbon Footprint Labeling is not (yet) an issue in the Netherlands. The government hasnà ¢Ã¢â€š ¬Ã… ¸t come out with a statement or position on CFL. It seems that all the individual stakeholders are waiting for the other to make the first move. Within the EU-27, the U.K. and Sweden are taking a leading role in CFL. For more information on Sweden, see GAIN Report SW9016. The overall labeling requirements for the Benelux can be found in the following GAIN Reports: NL9020 and GAIN BE9004. Advantages and Challenges of the Benelux Food Retail Market Advantages Challenges Sector Strengths Market Opportunities: Sector Weaknesses and Competitive Threats: Expected slight recovery of the economy in the EU import regulation and tariffs. EU Benelux is a promising prospect (expecially enlargement has given and will give compared to some other EU economies) for the preferential access to products from retail industry. new member countries. Affluent, open minded and curious consumers create Discounters are the fastest growing opportunities for new products. segment in the Benelux retail market; margins continue to be under pressure. The region has an excellent infrastructure which Competition is growing from non-food offers great opportunities. retail players like IKEA, HEMA, VD and Bijenkorf as they enter the food market. Greater demand for healthy food products not or not The industry is highly consolidated and suffiently available on the local EU market; e.g. therefore has a strong negotiating seafood, tree nuts, (exotic) fruit, vegetables, juices, position and good contacts. Road Map For Market Entry Entry Strategy Success in introducing your product in the Benelux market depends mainly on knowledge of the market and building personal contact with knowledgeable and established importers. Prior to any export, invest in research that analyzes the Benelux food culture (concepts, flavor, price, requirements). Once the product has been chosen, be aware of fierce competition. There are tariff and non-tariff trade barriers that can complicate exporting to the Benelux. An importer knows the market, the trade barriers and the required documentation. The Office of Agricultural Affairs (OAA) offers guidelines on business practices and import regulations. For a complete overview of offered reports, see Section V of this report. Market Structure Supermarkets and Superstores The vast majority of supermarkets and superstores buy foreign (specialty) products via specialized importers. This is especially the case for retail-ready consumer-oriented products like sauces, beverages and snack products. Convenience stores operate, in general, on a much smaller scale and therefore buy smaller quantities through wholesalers. Department stores work either