Friday, January 24, 2020
Lost at Sea Essay -- Personal Narrative Rescue Essays
Lost at Sea The breeze from the Indian Ocean moved across my skin like freshly ironed silk as I stood on the fantail of the aircraft carrier looking up at the night sky. It is an impressive sight to look upon the fires of those uncountable stars. If you were to take the grandest starlit sky that you could imagine, then imagine it after God has thrown another bucket of stars across the dark. That is like the night sky at sea can be. Flight operations had secured several hours earlier, and I used the opportunity to escape from the steel interior of the ship. I tried to get some fresh air at least once a day to deliver my senses from the smells of jet fuel and sweat that pervaded my world. Days are long when the ship is underway. The fifteen or twenty minutes of fresh air I could get in the evenings rejuvenated me. There is no deeper dark than the dark at sea. The stars are bright in the sky, but they don't lower themselves to light the deck of the ship. Warships practice light security and no white light is allowed to breach the weather decks. White light travels for miles at sea. The only light on deck is what meager light your retinas can collect from the moon and stars. There seemed to be no moon in the sky on this night. I could barely make out the vague shapes of the aircraft parked around the flight deck. I stood there for some time letting the stars persuade me that my home wasn't really all that far away, when I sensed someone's presence. Half way through a turn toward the feeling, my arms were grasped and I was being pushed toward the catwalk. I remember calling out, trying to figure out what was going on, when I heard a gruff voice say, "This just ain't your night swabby, you're going for a swim with the... ...me small drinks of cold fresh water. I grabbed for the canteen, but didn't have the strength to take it. "It's a lucky thing we spotted you, shipmate." another voice said to me. I was lifted into a stokes type stretcher and a blurry face appeared before me "They've got the two dudes that tossed you in custody. It seems like it was a case of mistaken identity. They thought they were tossing someone else over." He laughed a quick short "Ha!" and looked at me like I was the hero, and not him. I would have cried if there had been any water in me to spare. The chopper followed the octopus wearing my boots and landed on the deck I had left four days earlier. I felt the stretcher being offloaded, bouncing me toward sickbay. I looked at the sea one last time with burnt red eyes before they brought me into the interior of the ship and I said to it, "I beat you!"
Thursday, January 16, 2020
Argument for the legalization of Marijuana
Can I see a show of hands how many people have ever smoked Cannabis, also known as Marijuana? I see none of you have raised your hands. Well evidently no one would want to admit to a criminal action in front of others from their community. But why is it that smoking ââ¬Ëpotââ¬â¢ is so forbidden in our society? George Washington said, ââ¬Å"Make the most of the Indian hemp seed, and sow it everywhere! â⬠Marijuana is a natural plant, known to grow in the wild in Central and South Asia. Traces of people smoking Marijuana go back as far as 3,000 B. C so, what had changed over the years to make cannabis illegal? When considering the legalization of marijuana, the normal reaction would be to think about the negative factors of the drug. But what people forget is, marijuanaââ¬â¢s positive features overrule the negatives by far. There would be many benefits if the ââ¬Ëdrugââ¬â¢ where to be legalized, especially for the government and the economy as a whole. Our government spends 500 million pounds a year on ââ¬Ëoverall response to drugsââ¬â¢, but receive no taxes from the estimated 1. 8 billion pound illegal drug market. If our government were to legalize marijuana, they could place high taxes on it because people are used to buying the drug at a high price anyway because of the risk of selling it illegally. This would be very beneficial to the government because they would have a larger increase of tax that then could be fed into the NHS and other funds, which are beneficial to the general public. This brings me neatly onto my next point, I am fully aware of the abuse potential of the drug, but its value to the medical world outweighs this potential by far. Although the argument of legalizing marijuana is extremely controversial, without knowing it, hundreds of people around you are in desperate need of its medical side, and are suffering dramatically without it. How would you feel? Marijuana would be of high value to the suffering, distressed, and disheartened cancer patients fighting for their lives. Let me try and paint you a picture: imagine there is only one medication that will relieve you from the pain you are caused by nausea, marijuana will free you of this pain and will give you a little bit of assurance and courage that you need to keep on believing that you are going to be safe. But yet, we still refuse to believe that the drug is acceptable, but there is something I must ask you all. Do you know what ââ¬Ëthe black marketââ¬â¢ is? Well let me tell you, the black market is a market in goods or services in violation of legal structures defining the scope of appropriate forms of trade. It is a market for products that are illegal or stolen. Marijuana appears frequently in the market, and has become extremely popular. The problem with the drugs produced in the black market is that they are not manufactured under any safety or health regulations, this can result in unsafe drugs being produced and users experiencing problems from consuming unknown substances. If the government where to legalize marijuana they could potentially safe lives, as the drug could be bought in shops from legal proprietors, this would assure users of good quality and information about what you are buying and consuming. Jeffery Miron, the visiting professor of economics at Harvard University estimates the national marijuana market at about 10 billion pounds per year. When will the public and government realize? Marijuana is only dangerous and harmful when sold and consumed illegally, and the government is preventing and keeping us from a product that is so beneficial not only to cancer patients, but also to the paper and clothing industries, the government itself, and for the crime rate of our country. Long gone are the days when we could go outside at night and not be worried about our safety, long gone are the days when we didnââ¬â¢t have to worry about our kids getting involved in gang activity, and long gone are the days in which we had the freedom to consume a substance which satisfied us. I am thoroughly aware of how high the UKââ¬â¢s crime rate is, and how terrifying and worrying it is for the citizens of our country. I am aware that the amount of crime that goes on in our country impacts and affects almost every single person in the country, which is why legalizing marijuana would be extremely helpful. The crime rate in the Netherlands is generally low, especially compared to other European countries with tougher crime polices such as the UK. Indeed, in the UK they have found that 60% of inmates in British jails have served a jail sentence previously. In the UK where the consumption of marijuana is illegal the crime rate is actually higher than in Amsterdam where it is legal and the consumption is lower. This proves that, if our government was to legalize marijuana, it would result in the use actually decreasing, as it is known that when humans are not allowed to do something it appears much more attractive, and have a larger urge to do it.
Wednesday, January 8, 2020
The Two-Faced Character Polonius Essay - 868 Words
Polonius played a vital role in Hamlet even though he was not one of the main characters. He continued to reinforce the theme of corruption and displayed the social and ethical collapse of Denmark. His deceitful actions show the reader that he is one of dishonesty and chicanery. In the play, Polonius was portrayed as someone who is a deceiver and pretender that betrays people he is supposed to be devoted to; and who only cares about things that will benefit him. These characteristics of Polonius are seen through his interactions with Ophelia, Hamlet, Laertes, Reynaldo and the King. Polonius can be depicted as two faced. This is evident with his interactions with the King. Polonius was loyal and faithful to King Hamlet, Gertrude, andâ⬠¦show more contentâ⬠¦He does not care about her emotions, as he shows no comfort after heartbreaking confrontation with Hamlet. He also uses Ophelia to test Hamlets sanity for the benefit of himself and King Claudius. Moreover, Polonius has Laertes spied on. He convinces himself that it is righteous. Yet, he is controlling the situation for the good of himself. Polonius had an evil plot. Polonius always spies on others to gain secret and private information. Polonius and Claudius together, work against Hamlet, and try to verify his sanity. Polonius performs as if he would do anything that Claudius asks of him, or anything that satisfies Claudius. Polonius willingly uses his daughter to assist Claudius in their plot against Hamlet. He even plans to ruin his son Laertesââ¬â¢ reputation and drive him from Denmark. Despite Poloniusââ¬â¢ death, his unethical ways are still evident through Claudiusââ¬â¢s actions. Claudius requests that Laertes fight with Hamlet, and he tries to poison him. Polonius shows the need to manipulate a situation regardless if it concerns him or not. This is especially seen through the relationship with his children. Without even knowing the full situation, Polonius has jumped into trying toShow MoreRelatedWilliam Shakespeare s Hamlet - The Tale Of A Juvenile Prince1197 Words à |à 5 Pagesthroughout this tribulation is appearance versus reality. The characters introduced throughout the play, appear to be caring and honest, but in reality are nothing but evil. They deceitfully hide behind two-faced mask of integrity. Four main unfaithful characters which are found to be disguised as right-minded are Polonius, Rosencrantz, Guildenstern, and the freshly thrown taking King, Claudius. The impression presented by these characters at the start, are ones of truth, honor, caring and they areRead MoreThe, No Scene Of Violence Exists For Its Own Sake1350 Words à |à 6 Pagesthe play. In any great work of literature, each action and thought should contribute to the underlying meaning of the entire work. No action should exist for its own sake; it must instead advance the plot and reinforce the symbolism of both the charactersââ¬â¢ actions as well as the truth of what the composer or author is trying to convey. This is especially true of acts of violence; great literature must carefully articulate the violence into a logical meaning. Most importantly, violence and acts ofRead MoreHamlet and Opheliaââ¬â¢s Madness Essay674 Words à |à 3 PagesDenmark is one of Shakespeareââ¬â¢s most tragic plays. Most of the characters in this play suffered a heartbreaking death, although, all of the characters faced anger, regret, madness or distress. Madness was a reoccurring theme in this play, two characters portrayed this more than others. Ophelia and Hamlet faced similar fates, with similarities and differences along the way, all to do with their madness. Hamlet and Ophelia were two young people in love and were supposedly driven mad by their relationshipRead MoreHamlet by William Shakespeare Essay1546 Words à |à 7 Pagesthe social and moral decay of Denmark. Most of Denmarkââ¬â¢s subjects act upon their own selfish interests and lack any conviction. Shakespeare uses Polonius, formerly a loyal servant to King Hamlet, as a microcosm of Denmarkââ¬â¢s oblivious and hypocritical society as a whole. The Lord Chamberlain of Claudiusââ¬â¢s court and the father of Laertes and Ophelia, Polonius has good intentions, but he tends to be somewhat conniving and underhanded. He frequently leaps to the wrong conclusions, and his speeches areRead MoreAnalysis Of Shakespeare s Hamlet 1221 Words à |à 5 Pagesconsistent throughout the tragedy is appearance versus reality. The characters introduced to us throughout the play appear to be pure and honest, but in reality are infested with evil. They deceitfully hide behind a mask of integrit y. Four main dishonest characters which are found to be disguised with righteousness are Polonius, Rosencrantz, Guildenstern, and the freshly crowned king Claudius. The first impression presented by these characters is ones of truth, honor, and morality; they are all plagued byRead MoreMadness, By William Shakespeare1160 Words à |à 5 Pageseffects on the characters and the complexity and depth of the plot. Insanity is apparent in small amounts in almost all of the characters in the play. It can range from full on insanity, to only shades of madness. Madness occurs in a character when he or she breaks the social norms, and acts oddly or rashly when spoken to or asked to carry out a task. Hamletââ¬â¢s storyline revolves around the recurring theme of madness, which influences the characters and plot by adding intrigue to the character of HamletRead MoreAnalysis Of William Shakespeare s Hamlet1385 Words à |à 6 Pagesthe play; we will refer to this concept as ââ¬Å"the mask.â⬠The theme of perception vs reality is so woodenly interlaced into the play due to the idea that most of the central characters in the play hide behind the mask to conceal their true intentions whilst struggling to learn th e intentions inner thoughts of other characters. The article ââ¬Å"How Our Perceptions Shape Our Reality,â⬠written by Morty Lefkoe, mentions: ââ¬Å"We swear things exist because we distinguish them through our particular perceptualRead MoreImpossibility of Certainty in Hamlet1296 Words à |à 6 Pagesbecause none of the characters except for Horatio have caught more than a glimpse of Hamletââ¬â¢s true situation (V. ii.371-372). We as an observing audience, hearing the inner thoughts and secret plots of almost every significant character, should remember that we know vastly more than the playââ¬â¢s characters. In Hamlet, we cannot pretend that we are unaware of what happens next or how it all comes out. This is Shakespeareââ¬â¢s richest source of dramatic irony. However, the characters are faced with rival options:Read MoreFather And Son Relationships In Hamlet By William Shakespeare1249 Words à |à 5 Pagesand the moral aspect of revenge, rather than the act its elf. Hamlet was written around 1601 and set in Denmark during the late middle ages. This play is especially unique because Shakespeare uses parallelism and foil characters to develop the theme of revenge. Hamlet is the main character of the play, who is the son of the recently deceased King Hamlet,making him the Prince of Denmark. Shakespeare uses the relationship between father and son to develop the complexity of plotting and carrying out theRead MorePresentation of Hamlet in Act 2 Scene 2 and 3 in William Shakespeares Hamlet663 Words à |à 3 Pagesrevenge that were written at the start of the seventeenth century. Throughout the play, Hamlet is shown as being a planner and this is highlighted with his organisation of the dumb show and the play within a play in act three, scene two. He gives the players clear instructions as to the performance of the play, an adaptation of The murder of Gonzago which Hamlet uses to try to prompt a reaction from his Uncle, the king. At the end of the performance, Hamlet sees the
Tuesday, December 31, 2019
Pagar Conjugation in Spanish, Translation and Examples
The Spanish verbà pagarà means to pay. Since pagar is an -arà verb, it is conjugated with the same pattern as other regular -ar verbs likeà necesitar, evitar,à and desayunar. However, you should note that pagar has a spelling change in some of its conjugations. Whenever the g sound is followed by the vowel e, you must add a u in between to maintain the hard g sound, like in pague and paguemos. This article provides the conjugations forà pagarà in the present, past, and future indicative, the present and past subjunctive, the imperative, as well as other verb forms. Using the Verb Pagar The verb pagar can be used in most of the same contexts when you would use the verb to pay in English, with the meaning of giving money in exchange for something. For example, you can talk about paying your bills (pagar las cuentas), to pay a debt (pagar una deuda), pay with cash (pagar con efectivo), and pay for food (pagar por la comida).You can even talk about paying as in taking revenge like in he will pay for his actions (à ©l pagarà ¡ por sus acciones). However, there are some contexts in which the verb to pay does not translate to pagar in Spanish. For example, to pay a visit in Spanish is simply visitar or pasar a visitar, to pay a compliment is hacer un cumplido, and to pay attention is poner or prestar atencià ³n. Present Indicative Yo pago Yo pago las cuentas a tiempo. I pay the bills on time. Tà º pagas Tà º pagas en efectivo en la tienda. You pay in cash at the store. Usted/à ©l/ella paga Ella paga por la comida. She pays for the food. Nosotros pagamos Nosotros pagamos $100 por el boleto. We pay $100 for the ticket. Vosotros pagà ¡is Vosotros pagà ¡is las deudas de vuestra familia. You pay your family's debts. Ustedes/ellos/ellas pagan Ellos pagan un buen salario a sus empleados. They pay a good salary to their employees. Preteriteà Indicative Theà preteriteà tense is used to talk about actions that were completed in the past. Notice the spelling change that occurs in the yo form of the preterite tense, paguà ©. Yo paguà © Yo paguà © las cuentas a tiempo. I paid the bills on time. Tà º pagaste Tà º pagaste en efectivo en la tienda. You paid in cash at the store. Usted/à ©l/ella pagà ³ Ella pagà ³ por la comida. She paid for the food. Nosotros pagamos Nosotros pagamos $100 por el boleto. We paid $100 for the ticket. Vosotros pagasteis Vosotros pagasteis las deudas de vuestra familia. You paid your family's debts. Ustedes/ellos/ellas pagaron Ellos pagaron un buen salario a sus empleados. They paid a good salary to their employees. Imperfectà Indicative The imperfect tense is used to talk about ongoing actions in the past, and it can be translated to English as was paying or used to pay.à Yo pagaba Yo pagaba las cuentas a tiempo. I used to pay the bills on time. Tà º pagabas Tà º pagabas en efectivo en la tienda. You used to pay in cash at the store. Usted/à ©l/ella pagaba Ella pagaba por la comida. She used to pay for the food. Nosotros pagà ¡bamos Nosotros pagà ¡bamos $100 por el boleto. We used to pay $100 for the ticket. Vosotros pagabais Vosotros pagabais las deudas de vuestra familia. You used to pay your family's debts. Ustedes/ellos/ellas pagaban Ellos pagaban un buen salario a sus empleados. They used to pay a good salary to their employees. Futureà Indicative Yo pagarà © Yo pagarà © las cuentas a tiempo. I will pay the bills on time. Tà º pagarà ¡s Tà º pagarà ¡s en efectivo en la tienda. You will pay in cash at the store. Usted/à ©l/ella pagarà ¡ Ella pagarà ¡por la comida. She will pay for the food. Nosotros pagaremos Nosotros pagaremos $100 por el boleto. We will pay $100 for the ticket. Vosotros pagarà ©is Vosotros pagarà ©is las deudas de vuestra familia. You will pay your family's debts. Ustedes/ellos/ellas pagarà ¡n Ellos pagarà ¡nun buen salario a sus empleados. They will pay a good salary to their employees. Periphrastic Future The periphrastic future is usually translated to English as going to verb. Yo voy a pagar Yo voya pagar las cuentas a tiempo. I am going to pay the bills on time. Tà º vasa pagar Tà º vasa pagar en efectivo en la tienda. You aregoing to pay in cash at the store. Usted/à ©l/ella vaa pagar Ella vaa pagar por la comida. She isgoing to pay for the food. Nosotros vamosa pagar Nosotros vamosa pagar $100 por el boleto. We aregoing to pay $100 for the ticket. Vosotros vaisa pagar Vosotros vaisa pagar las deudas de vuestra familia. You aregoing to pay your family's debts. Ustedes/ellos/ellas vana pagar Ellos vana pagar un buen salario a sus empleados. They aregoing to pay a good salary to their employees. Conditionalà Indicative The conditional is usually translated to English as would verb. Yo pagarà a Yo pagarà a las cuentas a tiempo si no se me olvidara. I would pay the bills on time if I didn't forget. Tà º pagarà as Tà º pagarà as en efectivo en la tienda si tuvieras el dinero. You would pay in cash at the store if you had the money. Usted/à ©l/ella pagarà a Ella pagarà apor la comida si pudiera. She would pay for the food if she could. Nosotros pagarà amos Nosotros pagarà amos $100 por el boleto, pero es muy caro. We would pay $100 for the ticket, but it's too expensive. Vosotros pagarà ais Vosotros pagarà ais las deudas de vuestra familia, pero no es justo. You would pay your family's debts, but it's not fair. Ustedes/ellos/ellas pagarà an Ellos pagarà anun buen salario a sus empleados si trabajaran mà ¡s. They would pay a good salary to their employees if they worked more. Present Progressive/Gerund Form To form the presentà participle, or gerundà ofà -arà verbs, just add the ending -ando. This verb form can be used to formà progressive verb formsà such as theà present progressive. Present Progressive ofPagar està ¡ pagando Ella està ¡ pagando por la comida. She is paying for the food. Past Participle To form theà past participle ofà -arà verbs, simply add the ending -ado. This verb form can be used to formà compound tensesà like theà present perfect. Present Perfect ofPagar ha pagado Ella ha pagado por la comida. She has paid for the food. Present Subjunctive Notice that all of the conjugations of the present subjunctive include the spelling change (add the vowel u in order to maintain the gs hard sound, like in pague). Que yo pague Mi compaà ±ero de cuarto quiere que yo pague las cuentas a tiempo. My roommate wants me to pay the bills on time. Que tà º pagues El vendedor espera que tà º pagues en efectivo en la tienda. The salesman hopes that you pay in cash at the store. Que usted/à ©l/ella pague Su novio pide que ella pague por la comida. Her boyfriend asks that she pay for the food. Que nosotros paguemos Nuestra amiga sugiere que nosotros paguemos $100 por el boleto. Our friend suggests that we pay $100 for the ticket. Que vosotros paguà ©is El abuelo necesita que vosotros paguà ©is las deudas de vuestra familia. The grandfather needs for you to pay your family's debts. Que ustedes/ellos/ellas paguen Todos recomiendan que ellos paguen un buen salario a sus empleados. Everyone recommends that they pay a good salary to their employees. Imperfectà Subjunctive There are two different conjugations for theà imperfect subjunctive. These conjugations are used in different Spanish-speaking regions, but both are equally valid. Option 1 Que yo pagara Mi compaà ±ero de cuarto querà a que yo pagara las cuentas a tiempo. My roommate wanted me to pay the bills on time. Que tà º pagaras El vendedor esperaba que tà º pagaras en efectivo en la tienda. The salesman hoped that you would pay in cash at the store. Que usted/à ©l/ella pagara Su novio pedà a que ella pagara por la comida. Her boyfriend asked that she pay for the food. Que nosotros pagà ¡ramos Nuestra amiga sugirià ³ que nosotros pagà ¡ramos $100 por el boleto. Our friend suggested that we pay $100 for the ticket. Que vosotros pagarais El abuelo necesitaba que vosotros pagarais las deudas de vuestra familia. The grandfather needed for you to pay your family's debts. Que ustedes/ellos/ellas pagaran Todos recomendaban que ellos pagaran un buen salario a sus empleados. Everyone recommended that they pay a good salary to their employees. Option 2 Que yo pagase Mi compaà ±ero de cuarto querà a que yo pagase las cuentas a tiempo. My roommate wanted me to pay the bills on time. Que tà º pagases El vendedor esperaba que tà º pagases en efectivo en la tienda. The salesman hoped that you would pay in cash at the store. Que usted/à ©l/ella pagase Su novio pedà a que ella pagase por la comida. Her boyfriend asked that she pay for the food. Que nosotros pagà ¡semos Nuestra amiga sugirià ³ que nosotros pagà ¡semos $100 por el boleto. Our friend suggested that we pay $100 for the ticket. Que vosotros pagaseis El abuelo necesitaba que vosotros pagaseis las deudas de vuestra familia. The grandfather needed for you to pay your family's debts. Que ustedes/ellos/ellas pagasen Todos recomendaban que ellos pagasen un buen salario a sus empleados. Everyone recommended that they pay a good salary to their employees. Imperativeà Theà imperativeà mood is needed to give orders or commands. You can give either affirmative or negative commands, both shown in the tables below. Notice that there is a spelling change in some of the imperative conjugations. Positive Commands Tà º paga à ¡Paga en efectivo en la tienda! Pay in cash at the store! Usted pague à ¡Pague por la comida! Pay for the food! Nosotros paguemos à ¡Paguemos $100 por el boleto! Let's pay $100 for the ticket! Vosotros pagad à ¡Pagad las deudas de vuestra familia! Pay your family's debts! Ustedes paguen à ¡Paguen un buen salario a sus empleados! Pay a good salary to your employees! Negative Commands Tà º no pagues à ¡No pagues en efectivo en la tienda! Don't pay in cash at the store! Usted no pague à ¡No pague por la comida! Don't pay for the food! Nosotros no paguemos à ¡No paguemos $100 por el boleto! Let's not pay $100 for the ticket! Vosotros no paguà ©is à ¡No paguà ©is las deudas de vuestra familia! Don't pay your family's debts! Ustedes no paguen à ¡No paguen un buen salario a sus empleados! Don't pay a good salary to your employees!
Monday, December 23, 2019
Ge Talent Machine - 1603 Words
| General Electric -Talent Machine | | Human Resources | General Electric (GE) is a true global company with presence in more than 100 countries. Clearly, with a workforce of more than 320ââ¬â¢000 employees, GE also has to have proper human resources processes established. Its dynamic Business Operation Model and sophisticated and evolved human resources strategy are results of the steady growth over more than 130 years of corporate history. Since its incorporation in 1878, many CEOs have shaped the companyââ¬â¢s products, people and processes ââ¬â few very intensive and a bit less. GEââ¬â¢s Human Resources Strategy and Talent Machine: The word GE evokes the thoughts of People Focus, Performance Oriented growth.Leadership and Talentâ⬠¦show more contentâ⬠¦The business model of GE eventually went through a period of decentralization in 1950s, where the transfer of power went to over one hundred different departments. As a result, there were massive management tasks (such as budgeting, forecasting) that GE managers were responsible for. As a result of this need for greater management focus, HR developed better internal management development programs, such as Session C, which focused on identifying management interests and career development for existing managers. In the 1960s, GE grew its business across a variety of industries, such as nuclear power, computers, and plastics. As a result of their increased breadth, GE decided to change its business model to incorporate better strategic planning. Notably, the company added an additional layer of organization called ââ¬Å"the sector,â⬠which made it easier for managers to track employees, as well as prepare for CEO succession plans. This was also the time period during which the Executive Management Services HR team was established, to keep an eye on the top 2% of employees of GE. As we move to the 1980s, GE was led by the ââ¬Ëlegendaryââ¬â¢ Jack Welsh, who made it clear that he wanted every one of GEââ¬â¢s business to become in the top 1 or 2 ranking of their respective industries or close the business. Even though he focused on cutting costs, he still made it a top priority to continue to develop managers withinShow MoreRelatedGe Talent Machine1947 Words à |à 8 PagesORIENTATION CASE GEââ¬â¢S TALENT MACHINE DESCRIPTION GE believes its ability to develop management talent is a core competency that represents a source of sustainable competitive advantage. This case traces the development of GE s rich system of human resource policies and practices under five CEOs in the post-war era, showing how the development of talent is embedded into the company s ongoing management responsibilities. It describes the development of a 25-year-old MBA named Jeff Immelt, who 18Read MoreGe Talent1121 Words à |à 5 PagesGE Talent Machine: The Making of a CEO Question 1: GE claims that it has been able to develop management talent as a sustainable source of competitive advantage. How has it managed to do so? Answer: GE has been able to develop management talent as a sustainable source of competitive advantage. This is because it has always tried to recruit the higher level employees from within the organization rather than hiring them from outside sources. GE used a very through succession management processRead MoreCase Study Analysis: Geââ¬â¢s Talent Machine Essay1498 Words à |à 6 PagesCase Study Analysis: GEââ¬â¢s Talent Machine Brandie Buffins Grand Canyon University HRM ââ¬â 635 Acquiring, Developing, and Leveraging Human Capital September 19, 2012 Case Study Analysis: GEââ¬â¢s Talent Machine General Electric (GE) has been well known and valued for embracing quantifying talent as well as rising talent when it comes to leadership. This organization makes sure that this is a key factor when it comes to their business planning. GE requires learning sessions all year long, which entailsRead MoreGeââ¬â¢s Talent Machine: the Making of a Ceo1458 Words à |à 6 PagesGEââ¬â¢s Talent Machine: The Making of a CEO General Electric (GE) is a true global company with attendance in more than 100 countries. Clearly, with a workforce of more than 320ââ¬â¢000 employees, GE also has to have proper human resources processes established. Its energetic Business Operation Model and sophisticated and evolved human resources strategy are results of the steady growth over more than 130 years of corporate history. Since its incorporation in 1878, many CEOs have shaped the companyââ¬â¢s productsRead MoreGeneral Electrics HR Policy Essay843 Words à |à 4 PagesGEââ¬â¢s Talent Machine : The Making of a CEO Founded in 1878 by Thomas Edison, General Electric is nowadays a leading business in electrical generation, distribution and use in America and in the world. The company has been experimenting successful business models since its creation, and its human resources policy has been considered for a century one of the most sophisticated. It consists in a strong focus on human potential through executive development to the top ranks of the firm: this performanceRead MoreEmerging Economies And Globalization Of India And China1396 Words à |à 6 Pagesimproving the quality, access and affordability of care.ââ¬Å" (GE Healthcare, n.d.) For GEH, the position that they needed was clear, to find a cost effective way to meet their goal. And their choice was to expand their operations into India and China. Specifically, according to Kumar (2012), India is on the brink of an innovation boom where many companies like GEH are establishing operations due to the influx of talented human capital. ââ¬Å"...talent is going to be based out of India and China, and the largestRead MoreSocial and Ethical Values of Teamwork and Diversity: the Benefits of Diverse Teams1263 Words à |à 6 Pagesgood example of this is the GE ultrasonic ultrasonic imaging machine that has been developed for third world markets {particularly OBGY patients}. This particular product was given the green light after engineers from India were able to express their ideas. To begin with, the device was developed with simple, rugged, and cheap parts. This was done to keep costs down. It can function in a dirty, dusty, third world environment with little or no service. Second, the machine is lightweight, and easilyRead MoreThe Lead Up For Current Business Level Strategy1271 Words à |à 6 PagesElectric competitive advantage over its rivals. This Research Laboratory revolutionized the industry, by bringing new innovations such as the X-ray machines, trans Atlantic broadcasting, many kinds of kitchen appl iances, different types of power generators, loud speakers, new types of material, first television network, MRI machines, jet engines, and many more. GE even helped develop and manufacture the nuclear bomb. In 1982 the lab produced its first hybrid car with implementation of computers to saveRead MoreGeneral Electrics ( Ge ) Ceo1172 Words à |à 5 Pages1. Jeff Immelt, General Electricââ¬â¢s (GE) CEO as of September 7th 2001, has made tremendous improvements to the organizations strategy in terms of the firm-strategy interface and the environment-strategy interface. The foundation had been set by the ââ¬Å"near legendary CEOâ⬠Jack Welch, his predecessor who had been the CEO for 20 years and built GE into a ââ¬Å"highly disciplined, extremely efficient machine that delivered consistent growth in sales and earningsââ¬ânot only through effective operations managementRead MoreGe Jeff Immelt1815 Words à |à 8 Pages3/25/2011 Ge Making Of Ceo Management of Organizations Case Write-up 1 ââ¬â GEââ¬â¢s Talent Machine: The Making of a CEO http://www.papercamp.com/print/GeMaking-Of-Ceo/10993 1.What philosophy, policies, and practices have made GE a ââ¬Å"CEO factoryâ⬠as Fortune called it? General Electric (GE) has traditionally had a hands-on approach to talent management. There is a high degree of involvement of the top management in its people policies. There is a top-down approach to human resource policy. Also, GE recognized
Sunday, December 15, 2019
A Solution to a Problem Free Essays
Accomplishing goals and tasks with others is an arduous task. A course I was taking in college required research work, and to make the task attainable and undemanding with the limited time, the professor decided to divide the class into groups. Deciding on what topic to conduct research on was hard enough, but accomplishing the research work was the hardest. We will write a custom essay sample on A Solution to a Problem or any similar topic only for you Order Now Our research work required field work ââ¬â school visitations, floating surveys, statistical calculations, and result interpretation. There were four of us in a group. The problem was we could not figure out how we would conduct the tasks due to our conflicting schedules and extra-curricular activities ââ¬â we have different schedules, one works in the office, and one is busy with familial responsibilities. The problem was how can we conduct research and accomplish all tasks as a team, balance research work with other responsibilities, and assign tasks equally to all members of the team. During class, we sat together and talked about our problem. We set a time where all of us were available so we can talk about how we can go about conducting research. Once we were able to talk as a team, we laid out our schedules and our free time and listed all the tasks that we need to accomplish ââ¬â chronologically, from simple to complex ââ¬â in order to finish the research. Perhaps, this was the most important strategy that we employed in solving our problem, that is breaking down the main problem into simple ones in order for us to get a clear picture on how we can accomplish the smaller tasks to fulfill greater tasks. Another strategy was arranging our plan of action to make it fair and amenable to all team members. So we made it a point that everyone will be assigned simple to complex tasks and that all team members will consent to the task assigned to them. Moreover, the tasks were assigned to team members with related background knowledge and expertise. For instance, one member volunteered to do the statistical calculations because he was familiar with the chi-square). Once we settled the distribution and delegation of tasks, we talked about the importance of each task assigned to us to complete our research project. It was important for us to finish the research project, so everyone agreed to do his part responsibly. Finally, we made it a point to meet once a week in order to put together everything that we worked on individually. We also asked for each otherââ¬â¢s contact numbers so we can communicate and confer with each other regarding the research. The most important approach that we employed to solve the problem was the planning and discussion process. It was important during that time to divide the research work into smaller tasks, and distribute and delegate these tasks in order to ensure that we can finish the project together as a team, while making sure that we do not neglect our extra-curricular activities. Moreover, our meeting as a team allowed as to communicate how we felt about doing each task, so the tasks were delegated to team members who were amenable to the responsibilities being assigned to them, while assuring the others that they are capable of finishing their duties. With these problem-solving strategies, we were able to finish our research project efficiently as a team. à How to cite A Solution to a Problem, Papers
Saturday, December 7, 2019
Hypothesis and Emerging Capital Markets
Question: Discuss about the Hypothesis and Emerging Capital Markets. Answer: Since the name of the company should start with the first letter of my first name or last name, I have chosen the company named The Food Revolution Group which is a non-financial company listed on the Australian Stock Exchange (ASX). The food revolution group (ASX: FOD) is an Australian company in the public sector which operates state of the art fruit and vegetable processing units in New Zealand and Victoria. The products being manufactured by the company as of now include juices, fibers, high quality infused fruits and bio actives. The company has four major brands as of now namely, The Juice Lab, Hi Fi, Badu and Mixologist. The innovative foundation of the company lies in its extra efficient manufacturing process. It results in maximum yield from fruits and vegetables with minimal waste. It has also been recognized as it won the Victorian manufacturing Hall of Fame award for food and fiber processing in 2015. The company has recently raised $ 12 million in a heavily oversubscribe d offer. A CFO, short for Chief financial officer of a company is the senior most official in the company responsible for evaluating financial risk and overall financial control and planning of the firm or project. Accounting functions such as credit control, monitoring liquidity and expense, providing timely financial data to the CEO, coordinating fund raising are some of the functions which are directly looked after by the Chief financial officer. Over the years, the role of a CFO has emerged from outdated perceptions of being Business prevention units to being repositioned as Business enhancement units. Given their firm grasp on the fundamentals of finance and management qualities, a lot of CFOs have also started adding responsibilities such as IT (Information Technology) to their portfolios. In this essay, we will categorize overall responsibilities of a Chief financial officer into 3 broad heads and see how the decisions of a CFO would impact the overall business taking The foods revolut ion group as an example. The Chief financial officer is responsible for the following 3 major areas of responsibility: Accurate financial information: A CFO is responsible to maintain accurate financial records of the company by managing people under him. Not only the present but even the historical records are necessary to be maintained for various stakeholders. Erroneous numbers can lead to a lot of confusion and wrong decision making. For example, mismatch in numbers being maintained by the finance division and the operations division can lead to confusion and clashes while making decisions. The chief financial officer needs to ensure that the operations team is engaged and should understand how to collaboratively manage a conflict. The finance team needs to standardize metrics which the operational staff can understand with ease. At the same time, he or she should lead the organization to measure the performance of the organization objectively against those metrics. These metrics should be aligned with the goals of the company and should be a clear indication of the performance of the company. In the case of The food revolution group, the CFO needs to lead the entire finance team. He/she needs to ensure that proper financial records of each of the brands are being maintained and shared with all the stake holders. The operations team looking after manufacturing units would be maintaining its records for fixed and variable overhead costs to track their performance. It should be ensured that they are updated with correct data and flaws should be addressed well in time. Different departments might have different objectives and thus different ways of measuring performance. The financial parameters used as a measure of performance should be standardized under the guidance of the Chief Financial Officer. If this is not done, it might lead to unnecessary chaos and instability in the system to track performance of each of the departments. Capital Structuring: The CFO is responsible for the present financial condition of the company. This is why he or she must decide which projects to be approved, which investments to make taking liquidity, cash reserve and risk involved into consideration. Organizing the capital structure is one of the vital tasks of a CFO. Capital structure is how an organization finances its overall operations by using all types of funding it has. It can be a combination of debts (both short term and long term) and equity (both common and preferred). The Chief financial officer additionally needs to stay with the fittingly utilized, in order to give enough liquidity for all the operational needs, while additionally dealing with the budgetary dangers in order to assemble solid essentials. The CFO is a right hand to the CEO in the process of decision making. A CFO may specifically deal with the annuity store by utilizing a group in-house. He may likewise look for the administrations of an annuity reserve administrator or a consultancy who may deal with the asset for the benefit of the company. Likewise, he may join forces with the administration annuity plan or a protection plan for giving retirement advantages to the organization workers. Capital lock up charges from group to operating divisions is one of the tools that can be used so that the management feels the pain and takes accountability while managing cash of the company. Another area where a CFOs decisions can directly help the company in saving money is taxing. He or she needs to change the commercial focus of the organization to be tax efficient. In the case of The foods revolution group, the company might decide to increase the number of manufacturing units or it may decide to increase the number of brands which are presently 4 in number. The CFO plays a critical role in approving projects by taking the present liquidity and risk into account. The company might also decide to shut down some of its operations or brands which are non-performing over a period of time under the guidance of the Chief financial officer. Strategy and Forecasting: A firm needs to continuously analyze its future goals and requirements and take decisions accordingly. A CFO plays a major role in shaping the firms financial future. He or she needs to identify the areas which need to be promoted so that the firm can capitalize on them. His analysis of the present condition of the company, the goals of the company combined with his or her experience in handling situations, he or she has an upper hand in identifying the investment areas which will contribute to maximum profitability of the firm. For example, the CFO needs to identify which brands among all are making maximum profits, the zones where they are performing best and the zones where they are not to make decisions regarding expansion of their manufacturing or sales. Further, he or she needs to understand their performance against the competitors using the available data to realize the scope of the market they are into. Thus, a CFO can help in predicting that which decisions will lead to what scenarios which can be utilized to make decisions for the company to help it achieve its goals. The CFO also takes advantage of the past and current money related execution reports and other accessible assets, investigating them completely in order to set reasonable and achievable targets. Very often, it is observed that the working capital of a company is poorly modeled in the forecasts which might result in upside opportunities. In order to ensure that there is better information about cash performance, it is quite imperative that the CFO implements a robust short term forecasts by taking inputs from various streams within the business. A CFO can leverage their broad perspective of the company, and their prior experience to ensure that every stake holder identifies and addresses relevant factors. Some of these factors are competitor, technological changes and market dynamics. In the case of The Foods Revolution Group, the CEO (Chief Executive Officer) has to keep himself in discussions with the CFO while deciding the future strategies. The present financial condition of the company is one essential factor influencing the future strategies. The CFO needs to provide inputs to the CEO as to what decisions must be made which given the liquidity and the risk of the market which would further increase the financial stability of the company. In the event that a CFO can't satisfy his previously mentioned obligations, it can affect the organization's advancement altogether. He ought to promptly have the capacity to satisfy any of the financing needs of the organization required to accomplish its goal and take the organization in the right direction. While giving assets to extension, CFO needs to guarantee that there are critical fluid assets accessible for smooth working of the disconnected business while additionally keeping sufficient money holds for urgencies. Otherwise, inefficient and poor decisions made by the chief financial officer and his team might hamper the growth of the company or even lead to bankruptcy of the company. Efficient Market Hypothesis: A market is said to be efficient if the current market prices reflect all available information about value. The efficient market hypothesis (EMH), also popularly known as Random walk theory, is a proposition that current stock prices contain all information about the firm and that there is no way to earn excess profits using this information which is contained in the stock prices. EMH was introduced by E.F. Fama who said in a financial paper that in an efficient market, on an average, competition will lead to instantaneous reflection of the full effects of information on intrinsic values in the actual prices. In other words, stocks always trade at the fair value based on all available information. Therefore, no investor can ever buy or sell an undervalued and overvalued stock respectively. This implies that there is no scope for the investor to beat the market in the long run by keep earning excessive returns offered by the market. Also, both a novice an d an expert advisor who holds a diversified portfolio will obtain similar returns regardless of their varying levels of expertise in the field. EMH exists in many forms weak, semi-strong and strong. The weak form of EMH states that current stock prices reflect all available information about market. It contends that excess returns can never be achieved using any form of technical analysis. Therefore, technical analysis is not a practical tool to be used to predict future price changes. To a higher degree, the semi-strong form of EMH assumes that current stock prices adjust quickly to the discharge of all new public information. It concludes that using fundamental analysis one cannot achieve excess returns. Since market prices already reflect public information, investors are not able to gain abnormal excessive returns. The strong form of EMH states that current stock prices reflect all public and private information. It contends that information related to markets, non-markets are contained in public information about the market. It winds up that excess returns cannot be achieved continuously. Role of pension fund manager: The role of a pension fund manager is to decide the strategy he or she would deploy for investment and also to manage its portfolio trading activities. The manager needs to ensure that the portfolio is diversified and also ensure that the risk is appropriate for its clients. For example, different clients might prefer different degrees of returns and risks which must be handled accordingly by the pension fund manager. It is incorrect that the correctness of efficient market hypothesis implies that portfolio selection by a pension fund manager should be done with a pin for several reasons. It is to be noted that a pension fund manager has definite target return goals as well as definite risk control goals. If he or she throws darts at the stock page, he or she may get a diversified portfolio but will not be able to control the return or risk of the resulting portfolio. Also, in case of a pension fund, he or she should be choosing safe investments that is choosing a portfolio with lower beta (lower risk) References International Federation of Accountants, 2013. The Role and Expectations of a CFO. Retrieved from https://www.ifac.org/system/files/publications/files/Role%20of%20the%20CFO.pdf Mian, S., 2001. On the choice and replacement of chief financial officers.Journal of Financial Economics,60(1), pp.143-175. Anderson, C. (2016). What Are the Top Ten CFO Responsibilities. Retrieved September 7, 2016 from https://www.bizmanualz.com/be-a-better-boss/what-are-the-top-ten-cfo-responsibilities.html Malkiel, B.G., 1991. Efficient market hypothesis. InThe World of Economics(pp. 211-218). Palgrave Macmillan UK. Malkiel, B.G., 2003. The efficient market hypothesis and its critics.The Journal of Economic Perspectives,17(1), pp.59-82. Beechey, M., Gruen, D.W. and Vickery, J., 2000.The efficient market hypothesis: a survey. Reserve Bank of Australia, Economic Research Department. Holton, G., 2006. Efficient Market Hypothesis. Timmermann, A. and Granger, C.W., 2004. Efficient market hypothesis and forecasting.International Journal of forecasting,20(1), pp.15-27. LeRoy, S.F., 2010. Efficient market hypothesis.Encyclopedia of Quantitative Finance. Sewell, M., 2011. History of the efficient market hypothesis.RN,11(04), p.04. Yen, G. and Lee, C.F., 2008. Efficient market hypothesis (EMH): past, present and future.Review of Pacific Basin Financial Markets and Policies,11(02), pp.305-329. Aga, M. and Kocaman, B., 2008. Efficient market hypothesis and emerging capital markets: empirical evidence from Istanbul Stock Exchange. International Research Journal of Finance and Economics,13(1), pp.131-144.
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