An Essay on the French Movie ”the Intouchables”

Intouchables CAD report by Sascha Peters on this movie played in movietheatre lumiere. General information I went to the French movie Intouchables at Lumiere a couple of days ago. It was directed by the duo Olivier Nakache en Eric Toledano. It is a dramatic comedy, based on a real story. The movie was made in 2011 and the lead actors are Philippe (Francois Cluzet) an Driss (Omar Sy) ContentIn Paris, the upper-class and academic Philippe is a quadriplegic millionaire that is interviewing candidates for the position of his caretaker. Out of the blue, the rude African Driss cuts the line of candidates and brings a document from the Social Security and asks Philippe to sign it to prove that he is seeking a job position to receive his unemployment insurance. Philippe challenges Driss and offers a period of adaptation of one week to him to gain experience helping him.Then Driss would decide whether he would like to stay with him or not. Driss accepts the bet and moves to the mansion, chang ing the boring life of Philippe and his employees. The two develop a remarkable friendship. The most important characters in the movie are Driss and Philippe. Driss is a poor black man from the French ghettos in Paris, the Banlieux. He is into Cool and the Gang and music like that. He feels very responsible for his family and in the end this makes him have to give up his nice life.He is not really open-minded towards art and classical music, but in the end he has made his own painting and sold it to a gallery. Philippe is a very rich, quadriplegic man fond of classical music and art. He has got humour but can also be very serious. His wife has died and he now has a young lady from northern France whom he writes poems and letters to. The goal of the directors was to touch people with the beautiful story, but bring it lightly and in a fun way. The main theme is friendship.

Roberson

Tracy Morgan Intro- Public Administration (PA301) Instructor Travis Forbes Sept, 12 2011 There were a few elements I noticed, and reflected upon while reading William Robertson: Exemplar of Politics and Public Management Rightly Understood, that I felt he drew upon, to help him successfully run the Los Angeles Bureau of Street Services. Roberson utilized; people, place, physical technology, and personality, which were the specific elements that Gaus had mentioned. Let’s discuss how each event in Mr. Robertson’s life was important in reaching his goal, amongst the short term goals that were achieved because of his ability to lead.While reading Mr. Robertson’s story you could already grasp that he was a strong, yet influential leader, who believed through his military training, that you should lead from the front. Therefore be on the same level as your subordinates, so you can understand their needs, in order to meet and exceed them, for maximum mission effectivene ss could be achieved with few discrepancies. He also furthered his knowledge, not for the sake of promotion, but to have a better perspective of what was going to be needed in the future, to perform better in his job on all levels.So in case a situation arose, he would not be thrown off guard, but have the ability to correctly assess, identify, implement, and evaluate the situation, on behalf of the public, and city. Being in a large city, such as Los Angeles, afforded Mr. Robertson the prime opportunity to shine, because he was always surrounded by all the elements, which included him walking into public council meetings that were normally full of disgruntled people, but with his ability to converse (or manipulate as some would say), thus leaving many of them thanking him.It could even be coined as a slight form of social technology. He was able to accomplish all this by informing and educating, the people, and council of his duties, so when barriers were put in place, he and his t eam could work together on empowering the public to make better decisions, or be better prepared for the political battles that would surely arise, for the need for funding was on the table. Roberson’s judgment alone ancelled out Arnstein’s ladder of participation by, inadvertently giving more power to the people with knowledge, and abilities. And as a result the council members showed a little more insight, and support to Robertson, than what they did to his counterparts, thus leading to him to develop physical technologies in paving neighborhoods with limited funding, and still not overcrowding the streets with workers.

The Effect of legitimacy theory in achieving profitability and Essay

The Effect of legitimacy theory in achieving profitability and sustainability in a corporation - Essay Example Social and environment accounting involves communicating the social and environmental effects of the company’s economic actions related to a particular interest group in a society or to the society at large. But what role does the social environment accounting play in determining the performance of a company both in the short and long run. The theory behind the inception of contemporary issues in the accounting field will also be reviewed with focus given to the legitimacy theory (Suchman, 1995). Theories are a scheme or systems of ideas which account for a group of facts or ideas, accounting theories provide a systematic framework for understanding, investigating and developing various accounting practices. Theories are used for evaluating applicability of the current accounting practices. Legitimacy theory assumes that an entity is affected by and influenced the society in which it operates, among other system oriented theories, the institutional and stakeholders theory, an entity has the primary role of ensuring that it discloses information in the relationship among, groups, organisation, the state and individuals for the coon good of the public. According to Drever and McGowan, (2007), the systematic oriented theories were derived from the political Economy theory. â€Å"Political economy is the social, political and economic framework within which human life takes place† (Gray, Owen & Adams, 1996 p.47). It is obvious that entities exist within a society and economic issues affecting such an entity can not be excluded from the political, institutional and social framework within the society. Legitimacy theory ensures that organisations and entities carry out their activities within the legal bounds and norms of their respective societies. Any given society would not condone an entity within it to carry out illegitimate activities because of the repercussion that such activities may bring upon the society. However, bounds and norms are not sta tic as they keep changing with time, thus it is also necessary that an organisation responses to the changing culture and norms within the society in order to continue operating in it smoothly (O’Donovan, 2002). Latest Research ACCA UK Awards for Sustainability Reporting in 2008 recommended that companies should start accounting for their sustainability impacts from both a financial and non financial perspective. The article point out that accounting for social and environment sustainability is a challenge because most of the components of the social environment aspect are abstract in nature. The Centre for Urban and Regional Studies, in New Castle Australia have designed practical guide fro small community organisations and enterprises due to the growing interest in social accounting . The three main steps that authors relate to social accounting are planning, accounting and reporting and auditing. Milne has recently carried out a critical look at positive accounting theory, political costs and social disclosure analysis. The aim of the research was to illustrate empirical evidence in support of the challenges that meet positive accounting theory of social disclosures. Literature Review Mathews (1995), made an inquiry whether social environment accounting is a practical demonstration of ethical concern. He points out that the accounting profession was among the first professions to uphold integrity in its practices. Recently there have been attempts by educational programmes to move the accounting pr

Anthropogenic Impact on Mangrove Ecosystems Term Paper

Anthropogenic Impact on Mangrove Ecosystems - Term Paper Example Discussion Mangroves ecosystems are established on the terrestrial marine boundary on sheltered tropical coasts and are vulnerable to both natural and anthropogenic disturbances (Ghosh, 47). Man has lived with the mangroves for a long time and having little contact and exploiting its resources in small scale. However, recent unsustainable use and exploitation of mangrove ecosystems has contributed to extinction and loss of these vital ecosystems. Moreover, direct as well as indirect anthropogenic influences play a major role in determining mangrove composition and extent of coverage globally. Mangroves are salt tolerant tree species and examples include Rhizophora mangle, Avicennia germinans, Laguncularia racemosa, Conocarpus erectus among others (Guo, 401). Mangrove ecosystems form habitant for various biodiversity especially invertebrate fauna such as penaeid shrimps, spiny lobster and over 200 species of fish threatened globally. Human activities cause disturbance of the mangroves . Such activities include: 1 Overexploitation or unsustainable extraction of the mangrove tress and fauna Man continues to harvest mangrove trees for fuel wood, poles, charcoal, and timber for construction purposes. Moreover, mangrove bark is used for commercial production of tannin (Alfaro, 1087). However, small scale and selective extraction of mangrove pose a little challenge on the entire ecosystem, but leads to death of individual trees. Despite being small scale, clear cutting of mangroves contributes to rapid concentration of sulfide in the soil as well as soil acidification. This negatively affects seed regeneration on cleared lands and thus the reason for declining mangrove yields. Man has harvested mangrove fisheries for several years. Some of the fish products extracted include finfish, mangrove oysters, and shellfish. However, extraction of such resources in large numbers for commercial purposes has disrupted mangrove food webs and food chains (Jess et al, 414). Conseque ntly, large-scale extraction of mangrove trees for extraction of wood products or mangrove land reclamation causes a reduction in fish yields since breeding grounds and fish nurseries get destroyed in the extraction process. In addition, man has introduced some species in mangrove ecosystems for instance, the introduction of Tilapia mossambica (Ellison, 219). The introduced species pose stiff competition for available resources in case the species naturalize and lack natural enemies or diseases that check on their population. Moreover, such species may feed on the native species thus leading to displacement and extinction of the endemic species. 2 Pollution of the mangrove ecosystem Human activities near water bodies lead to pollution of the mangrove ecosystem. For instance, oil exploration, drilling, production, transportation through oil pipelines, tanker accidents, as well as international elimination of ship’s ballasts tankers lead to oil pollution of the mangroves. The o il released into the mangrove ecosystem accumulates in the mangrove roots and thus leading to death of several invertebrates, turtles, and fish (Benson & Joseph, 238). The presence of oil in a mangrove ecosystem results in continuous release of toxic hydrocarbon materials into the water system, thus leading to water poisoning. The

Compare and contrast the four distinct categories of presidential Essay

Compare and contrast the four distinct categories of presidential personality described in James Barber's habitual action patterns approach - Essay Example In the active positive presidential category, Barber described them as adaptive. They are also self-confident and flexible. They tend to create opportunities for actions and enjoy exercising their power. They usually do not take themselves too seriously. In addition, they are optimistic individuals. Power is considered as means to achieve beneficial results by this group. They spend much energy in their job and enjoy doing the job. The group is also productive, result-oriented, and successful in pushing programs through (Barber 6). A good example is George W. Bush. His character of taking action without too much caution as was the case with the Iraq invasion portrays a key characteristic of this group. The second group of active negative tends to be compulsive. They mainly tend to use power as a means of self-realization. This group expends a lot of energy on the job but derive little joy in the process. They are always preoccupied with whether they are succeeding or failing in their job. In addition, they tend to have low self-esteem. Mostly, they are rigid, pessimist, highly driven, and have problems when it comes to aggression and management. They usually want to get and retain power to prove to others that they are people to reckon with. A good example of active negative presidents is Woodrow Wilson. Wilson put much effort in his work but did not receive any emotional rewards. He rarely received satisfaction with the work he did. He was said to have a compulsive and perfectionist personality. The other group is passive positive. This group tends to be compliant and usually seek to be loved. They are easily manipulated. The have a low self-esteem, which they overcome by adopting an ingratiating personality. They are reactive, lack initiative, and are superficially optimistic. They spend less energy on the job but like doing the job. William Taft and Warren Harding are typical examples of

How i am alike my mother.(write a essay in which you discribe three

How i am alike my mother.(write a in which you discribe three characteristics i have in herited from aparent - Essay Example By eighteen, I look a lot like Mom; I am her height- well in my high heels to be honest. We share the same hair color, widow’s peak, and skin tone†¦and will those dimples still look great, when we grow older. Armed with these physical assets and her quick mind, I put on airs to match her elegance, because I believe that’s a shortcut to becoming more like her. Well, to be straight, we look the same when we are in this frame of mind, and in a lovely environment such as this. However, when we have our differences, Mom becomes a cool still lake without a single ripple, and I am like a stormy sea with huge emotional waves crashing all over – and even then we are the same†¦ because we tenaciously hang on to our individual point of view. My biology teacher had of course de-mystified the whole business of inheritance so I knew why I look like her. My mother had genes that expressed traits more dominantly than my father’s for eye color, dimples, and the widows peak, so I inherited the dominant set from her. In reality, it is the complex interaction of several genes that gives rise to these traits. Genes are very basic units of inheritance that decide what traits will be expressed. These genes are made of DNA, riding on chromosomes. DNA are in the form of double helices, and their constituent protein sequence determines the gene structure, and thereby the trait expressed. (Heredity and Genetics). That is why I have Dad’s eyes, and still most of me looks like my mother. The day has been long and exciting, and as I get between the covers of my bed, I cannot stop the last thought that goes through my mind, as Mom walks in to say goodnight. Even without our physical resemblances I would love to be like Mom - to be an organized home-keeper and balance a wonderful career at one and the same time, to be the strength of her husband, and the sanctuary for her child’s confidences. God bless

Ancient greek art paper Essay Example | Topics and Well Written Essays - 500 words

Ancient greek art paper - Essay Example These figures are seen throughout the Aegean period. This is a clear indication that these figures were adored mainly among people of Crete and Greece (van, Schaik, 11). Interestingly, one of the well-known marble figures is mainly musicians; one who is a harp player, and another one who is a pipe holder. These are dated around 2500 BCE. These are considered the earliest extant musicians in the Aegean. Majority of the figures during this period were mostly women ranging from simple adjustment of stone to developed figures resembling human beings. Some of these figures had natural proportions while some were idealized (van, Schaik, 19). It is important to note that high number of these figures during Spedos type depicted uniformity and proportion, a clear indication that they were planned with a compass. Additionally, through scientific analysis it is evident that the surfaces of these figures were painted with mineral based pigments-azurite for blue ores or cinnabar for red. The figure in the Appendix shows a male seated on a high-backed chair playing a stringed instrument to assist him as he sings. Painted information that originally inflated the figure has currently been eroded into a plain white marble (van, Schaik, 22). Despite this, the information is still legible and engaging. What is interesting about this figure is its elegant wedge shape. The marble figure tilts back his head drawing his lips frontward. This enables one think or imagine words that he is likely to singing. Additionally, his ears are prominent. This enables him to hear his own music (van, Schaik, 26). The arm muscles and vigilantly articulated fingers suggest his capability as a musician; he releases his right thumb, maybe to sound a note on a string. The back of the musician’s head was painted maybe to show a close fitting cap. It is evident that he holds the front of the harp by use of his hands, and placing it on his leg and shoulder in

Migration Essay Example | Topics and Well Written Essays - 750 words

Migration - Essay Example gree, the following analysis will engage the reader with a discussion of how the 19th century came to serve as the first representation of change that human migration had experienced in many hundreds of years. Further, as this topic is explored and related to source documentation that has been reviewed during the course of this semester, it is the further hope of this student that the reader will come to a more informed realization for how the changes that took place during the 19th century, with respect to migration and the impact that this continues to have with respect to the way in which the current world is defined and exhibited. Migration was also fundamentally impacted by the availability of resources that came to be present within places such as the United States, Canada, and South America. As markets began to open and the rate of international trade developed, the availability of individuals to move from one part of the globe to another was maximized alongside this dynamic. As such, recognizing that they might be able to drastically improve their lives by relocating to one of the previously mentioned areas of the globe, tens of thousands of people took it upon themselves to sell their possessions and travel the glove looking for better opportunities (Henderson, 2013). Further, the emancipation of the serfs within Russia and the relaxed political climates elsewhere encouraged something of a new dynamic with respect to the way in which people understood their own opportunities, the importance of native geography, and the potential for gain that movement could afford to them (Gevorkyan, 2013). As the lectur es noted, the broad majority of all of this migration took place between the Old World and the New. As such, 65% of all migration during the 19th century could be accounted for just within the United States and Canada. Benefitting wildly from this influx of labor and expertise, these economies grew by exponentially and allowed for the industrial

Issues in Purchasing and Supply Management Essay

Issues in Purchasing and Supply Management - Essay Example The supply chain ranges from raw material extraction or raw ideas origination through a variety of stages to the final sale or delivery to the final client, whether products or services. It is argued that it can also involve the discarding of the waste related to consumer goods. It has been demonstrated that it incorporates a good number of main success aspects that involve a clear procurement scheme, operative control systems, as well as the establishment of proficiency. Thus, supply chain management characterizes and reflects a holistic method to the functioning of an organization. This calls for careful evaluation of all aspects of supply, as they directly affect the operations of an organization. This is clearly demonstrated through the analysis of the case study on Deere& Company. An efficiently operating supply chain can deteriorate over time as the organization adds more goods, suppliers, introduces new clients, or enacts new replenishment schemes or mainly scales in quantity. To demonstrate this issue of stock chain management, Deere & Company, a manufacturer and a dealer of a complete line of agriculture tools, and a wide range of building and forestry equipment and commercial and consumer gear, had yearly sales of over ten million dollars with operations in more than one hundred and fifty nations. The organization had to create a wide-ranging structure for evaluating supply chain procedures and performance to determine issues and ascertain improvement chances. This proven structure permits the company`s customers to get an extremely wealthy and actionable assessment of the prospects for restructuring their supply chain and bring it into line with their business goals in a short time set. In order for the company to achieve its goals or objectives, it was vital that it captures the interests of the stakeholders in order to reduce or avoid  losing out its performance. It was noted that the company`s margin had reduced significantly. For instance, the sales income and margin for the past three consecutive years had reduced gradually. Therefore, the budgeted selling cost for the present year was founded on the requirement to match the amount fixed by a key rival.

Phonetics and you can find every thing in the slide Essay - 1

Phonetics and you can find every thing in the slide - Essay Example The fact that there is evidence of both a voiced /É £/and voiceless /x/ velar fricative occurring in the same environments anticipates they are phonemes, and that a voiced counterpart to the labio-dental /f/ and alveolar fricative /s/ would also be found with further data. Evidence also suggests that although the voiced and voiceless pairs of velar fricative phonemes exist they are not found in all situations; for example, /x/ and /É £/ occur directly before the back mid vowel /o/ and the low vowel /a/ but not before the high /i/ and mid /e/front vowels and are thus in complementary distribution, wherein we find a voiceless alveolar fricative [ÊÆ'] or its voiced counterpart [Ê’]. It is likely therefore, that the voiceless velar fricative /x/ becomes alveolar [ÊÆ'] before front vowels /i/ and /e/, while its voiced partner /É £/ also becomes alveolar [Ê’] in the same situation, both of which therefore are allophones not phonemes. Within the dataset provided it could be predicted that [m] is an allophone of /n/ because [m] only occurs word initially and /n/ only occurs between vowels, but because of symmetry it is more likely they both occur as phonemes – within this same argument there may be a velar nasal /Å‹/. Another allophone evidenced in the data is the alveolar trill [r] which is only found inter-vocalically preceding two vowels - in other words a diphthong. It can thus be assumed that the flap or tap /É ¾/ becomes a trill [r] before a diphthong. The difficulty in terms of interpretation in this data set is whether the post alveolar affricate [tÊÆ'] is a phoneme or an allophone; for want of further evidence and because both the voiced and voiceless post alveolar fricatives occur in the same environment as the post alveolar affricate it is suggested that it is an allophone of /k/ in keeping with the symmetrical pattern of each velar phoneme having allophones preceding front

Engineering Project Management Essay Example for Free

Engineering Project Management Essay Typical Practice Estimating time to undertake design and drafting tasks, such as the crafting of blueprints for the construction of wooden furniture (e.g. stool, desk, chest) by an expert and the creation of blueprints for buildings of commercial establishments by an architect, requires the method of estimating labor costs. After all, cost estimates require time estimates.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Computing the labor cost (technically called as the direct labor cost in management accounting) proceeds by adding the worker’s base rate and indirect payroll costs, such as government securities and insurance. The result is multiplied with the worker’s labor hours. The product of the operation is the labor cost. If labor cost is known and the estimated labor hour is unknown, the manager only has to work around the equation to obtain the estimated time of performing the task. This is the easiest method for the manager, and also the most unreliable because it relies on past data of labor costs. It relies on past data of labor costs because an empirical method is needed, which this method does not include. In such a case, this method is just mere ‘speculation’. It is not an ‘estimation’ in the proper sense of the term because there are no trials and errors done to gather data. From this, there is also a differentiation between ‘past data’ and ‘empirical data’. Past data are also empirical data, but they are gathered in the past, therefore acquiring a less accurate information. Empirical data, after all, require certain use of tools to be obtained. Also, it is unreliable because if the company is new, it cannot use this method—there is no recorded information regarding past operations. Only a long-existing company can benefit from this method of estimating labor hours.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   One problem in estimating the time and cost in performing design and drafting jobs is that managers can only speculate about the amount of time required by a specific job. For instance, the manager of a firm that designs and produces musical instruments can not know exactly how long in a day can a staff of twenty finishes a certain number of musical instruments. Time is a variable that depends on the quality and quantity of tools, materials, equipment, and workers assigned in performing tasks. In the example of designing musical instruments, the manager should know how long each instrument is designed in its entirety by a specific worker. It would help to get an average rate for this. Afterwards, the average rate will be multiplied to the number of instruments to be designed. If one stops here, this is an incomplete method of computing labor time. The manager should get the time it took the labor to prepare for the task, and how long it took him to bring the musical instrument to the corresponding collectors of the aforementioned products in the management system. Then, the sum is multiplied with the distance of the labor from the shop or wherever he is taking the musical instruments. The resulting product is then added to the product of the average rate and the number of instruments to be designed. Another method in estimating the labor time is by taking the average hours of preceding homogenous tasks. In creating a musical instrument, the manager gets the time it took for a worker to complete one instrument. He then obtains data from the proceeding tasks. By getting the average of the values, we obtain the average hours. Variability and Contingencies The accuracy of the first method is low. First, there is a huge possibility of error in relying past data or performance. A company that designs cars ought to measure the time and cost of labor through direct empirical methods, such as obtaining the rates by which workers accomplish their jobs. However, this method depends on the accuracy of historical data. If historical data are inaccurate, there is a 100% tendency that the result of using this method will produce inaccuracies. This is not recommended for companies because it is not an engineering standard.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The second method is more empirical and far more accurate than the first method. Considering the computation of the average rate, one can not be sure of the precision of this statistical tool. Using the mean, median or mode as a way to produce data for the estimation of the time and cost of labor is inefficient. It is recommended that a variance analysis be conducted so that deviations will be taken into consideration. After all, workers are not robots. They have higher levels of inefficiency and inconsistency of output. A worker has fluctuating labor rates. The time he finishes a job fluctuates in hours or minutes, thereby changing the amount of labor cost. Using the variance analysis as a statistical method in obtaining work rates is more efficient. When this is done, it makes the second estimation method more accurate because deviant cases, or changes in time and labor costs, are taken into consideration. The variance analysis can also be applied on the third method, which also relies on using the mean, median or mode. Since averages are less reliable than doing a variance analysis, the third method can be inaccurate. More statistical methods are needed. Monitoring and Updating As the design and drafting tasks proceed, the practices used to update estimates are the following: regular, intermittent, and periodical recording of average rates in designing and drafting jobs. The practice of having a regular recording system, which requires inputs for every day of labor, is the most accurate but also the most costly. Therefore, it is far from inefficient. Only a huge company can take advantage of this, if there is a high risk involved in not monitoring the time and cost of labor.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   An intermittent recording practice entails intermediate accuracy and cost. This requires inputs every week, month or quarter of the year, depending on the needs of the company to monitor the progress of the fluctuations in time and cost of labor.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   A periodical recording practice is the least costly, but has the risk of being inaccurate because it does not measure everything. It only measures the fluctuations in time and cost of labor between points in time, and not within a span of time. References: Baskette, C. (2006). Avoided cost estimation and post-reform funding allocation for Californias energy efficiency programs. Electricity Market Reform and Deregulation, 31, 1084-1099. Farsi, Mehdi. (2006). Cost efficiency in the Swiss gas distribution sector. Energy Economics, 28, 1050-1062. ASSIGNMENT 2 (Y) Basis for Project Methodology The specific method chosen for a certain project is based on the inherent characteristics of that project. There are as many methods as there are kinds of projects. The basis for choosing a method depends on the variables that differentiate one project from another, like the level of complexity involved in the activity.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The following is the list of factors that may be the basis of project methodology: Project area Level of complexity Type of communication used   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   One of the many considerations in project methodology decision-making is the project area. Is the project small, medium, or large? Even this question requires some thinking, since the size of a project is arbitrary. It depends on the sizes of other projects the manager or company considers as points of comparison. The area of the project may mean the geographical area concerned. For instance, an electric company that aims to build a network of electric facilities may be one kilometer by 500 meters. Judging whether this is small, medium, or large varies from one project to another. There may have been other similar projects built, requiring only two or three hectares of land. In such cases, this project may be considered large in area.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The area can also be seen in terms of influence. In the example of an electric company building a network of electric facilities, the area may mean the number of households it would serve. Again, judging whether a number of ten-thousand households is small, medium or large depends on other similar projects made.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Another basis is the level of complexity involved in the project. Complexity can be measured by how many interactions among units are required to accomplish a task, and judging the data whether the project system is simple or complex. In the above example, measuring the complexity of building a network of electric facilities may require determining the organization of managers and workers that are involved in the project. Some organizations interact according to hierarchy. These kinds of organizations tend to be simple because there are defined ways on how the units interact among one another. Some, which are more complex, require units to interact in different ways. To put it concretely, let us say that the electric company assigns the maintenance department to be always under the engineering department, which means that the staff would only take commands from the latter. This is a simple scenario. A complex scenario would be when the company assigns the maintenance department to communicate with the other divisions of the company in accomplishing its own task. The connection between complexity and method is that the complexity determines the method. After knowing a project’s level of complexity, the method may then be configured depending on this information.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The third basis is communication. What is the message of the project? What are the kinds of media used? For whom is the message? These are significant things to take in mind when characterizing what sort of communication exists in an activity. Is the electric company making use of an intranet, which simplifies complex interactions? What tools are used for one division to communicate with another? Are telephones preferred over online chatting between departments?   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   It is also significant to determine the contexts in which communication occurs. Is it one-to-one, one-to-many, or many-to-many? Determining this also affects the level of complexity of the project. A one-to-one communication is simple but slow and inefficient. A one-to-many communication is fast and efficient, but the message reception loses quality. Many-to-many communication is fast and complex, thereby increasing the level of complexity in the project. Decisions regarding matters on communication are only part of choosing what methodology to use. Criteria for Best Project Methodology In order to illustrate how one method is better than another given a specific project, let us take the following popular methods in project management: Waterfall Development, Rational Unified Process, and Extreme Programming (Asrilhant, 2005). These are the best methods in project management because they generally are flexible to different factors, like budget and project size. They compliment each other. One strategy’s weakness is another’s strength.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   If the project has high budget, one may say that the Waterfall Development is the best method for it. That is because this method requires little or zero corrections in inputs. This is possible because the planning function of the management is more crucial. A low budget means a high risk to undertake the project. Therefore, quality planning is indispensable.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   For instance, if the electric company funds a 5-hectare electric network facility 30% lower than similar projects, the management has to undertake Waterfall Development. This means the planning function is geared on decreasing costs. There will be much labor required on the part of engineers and analysts to increase the level of certainty in inputs. The company cannot afford to do experimentations and much testing. High technical proficiency is required.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   If the project entails intermediate risk, and there is an intermediate number of staff who would man it, then the Rational Unified Process may be used as the best methodology. This is because risk management is balanced with a medium amount of budget or allowance for failure in inputs.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   If the electric company funds a 10-hectare electric network facility 2% lower than similar projects, the management may afford to increase the costs of testing and experimenting with inputs to produce outputs in electric services.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Finally, if there is a need for regular testing and experimentation of inputs, and corrections in testing failures, then the Extreme Programming may be undertaken as the best methodology. Budget given here is high, and the risks are lower. The population of staff is also considerably higher than the two other methodologies. Here, the management can afford to run the risk of losing resources, albeit with prudence.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Determining which method is best for a project requires measuring the amount of risks associated with the project, the budget allocated for the activity, the number of participants in the staff, and the affordability of the project to receive failing outputs. References: Asrilhant, Boris. (2005). On the strategic project management process in the UK indutrial sector. Omega, 35, 89-103. ASSIGNMENT 3 Alternative Classification   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The rationale of having a new project classification is to respond against the inefficiencies of the older classifications. The project method concerns itself much on the processes and ways on how tasks are carried out in the activity. However, it is too formalistic and technical. It is formalistic because it is focused on empirical observations. It is too technical because it does not leave room for speculation and theorizing. There is a huge chance that it will lose sight of the project’s objectives.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The project end-product, being goal-oriented, is weak on the part of specific matters. It may lose sight on technical issues such as the method of computation to use in estimating labor costs. If a firm that manufactures cars undertake an activity in which the project is classified as belonging under the project end-product, the managers will fall short on practicality. Important details are missed, like the choosing of a certain metal as a material in making automobiles. There may be one end-product but there are many methods in which inputs can be processed into outputs. These methods determine the level of costs associated with the production. If a company is too concerned about output, it loses sight on the possibility of gaining productivity by merely choosing the method. This is to say that a new classification is needed—a new classification that would account for the weaknesses of project methodology and project end-product. Since the two classifications do not take into consideration certain factors of production and labor, which are important determinants of the success of a project, a new chosen classification is labeling projects according to the types of constraints. The traditional constrains in a project are the following: Time Cost Production Labor These variables define the shape or form of the project. Changing one variable changes the whole project in its entirety. To illustrate, assume that an automobile manufacturing company undertakes a project of creating fifty units of luxury cars. The time constraint associated with the project makes it different from all the other projects with similar methods and end-products. For instance, this project is similar to five other projects whose goals are also to create fifty units of luxury cars. The only hypothetical difference is the amount of days required to accomplish it. This is to say that a project is different from another when there is a significant time interval between the required time to accomplish one project and the required time to accomplish another.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   However, it is too trivial if the manager only relies on the time constraint. Costs are also important contributors of project type determination. The amount of money allotted for a budget determines the influence of the project on the area it is being undertaken, and on the unit is serving. This is an indispensable category because the cost also gives way to knowing the area and quality of the project.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   If the car company gives a budget to a car-manufacturing project which is 50% lower than that of another project with similar end-product, then the two projects are different because the former is constrained in using resources. It must tap the planning function of the management at its best, because it cannot afford high risks and high expenses.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Production is a consequence of the cost constraint. The number of cars to be produced by the company depends on the allotted budget in producing these cars. Consequently, this is also related to labor in the sense that, if the budget is low and the production is high, then the labor must be intensive. It is empirically impossible to increase labor if the budget remains the same.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In short, projects can be classified according to the variability of their traditional constraints. They be classified as the following: Long-term undertaking, high-budgeted, labor intensive. Mid-term undertaking, with intermediate budget, intermediate production, and medium labor intensiveness. Short-term undertaking, low-budgeted, small production, and low concentration in labor. This is not to say that there are only three ways to classify projects. There are different permutations of classifying them because a project can be both long-term and low-budgeted, short-term and high-budgeted, and the like. There are twenty-seven combinations possible for the project manager. It is helpful for the project manager because there are varied choices to be undertaken with this typology. Enhancement   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This classification gives an enhanced understanding of project management because the inefficiencies of project end-product and project method are revealed and solved. The old classification system is poor because there are only small categories where projects fall under. In logic, the lesser concepts there are to stand for heterogeneous things, the more abstract the ideas become. By taking into consideration the traditional constraints of a project, and basing from it to form a new project classification, one achieves a more concrete and detailed description of the different projects that are to be executed. Project classification, through this kind of classification, becomes more useful not only as a mere science of classification. It also helps management keep an improved system of managing the projects, thereby increasing productivity and output quality. This project classification also enhances the understanding on the content of projects. Project method concerns itself with the processed item but not the one being processed. Project end-product concerns itself with the output but not the materials or inputs that led to its creation. This classification gives a new lens through which projects are seen by the manager. References: Project management. Retrieved September 4, 2006, from http://en.wikipedia.org/wiki/Project_management#Project_systems

Machine Made Ghost Essay Example for Free

Machine Made Ghost Essay Chapter six of â€Å"The Matrix and Philosophy† provides the study of the significant contribution of philosophy applied in the film art. Jason Holt wrote his philosophical analysis regarding the movie â€Å"the Matrix† with a large consideration on its relation with the ideas from some key philosophers in history. He drew some arguments using the perspective of the fictitious characters of the screenplay while key points were given supported by mainstream schools of thought. One of the points he raised is the theory of Rene Descartes that is commonly known as the Evil Demon Hypothesis saying that all knows for sure is one thing that they exist. It says that everything can be conceived as results being determined by a demon who just wants to mess with the people. And so, as applied in the movie â€Å"the Matrix†, the only thing that cannot be denied is the fact that everyone has a thought. This is something that cannot be in an illusory form therefore, all the assumptions we have about ourselves are for real and that we are as we think we are. Holt also placed emphasis and pointed out the idea of Mind-body problem. This idea also came from Descartes. The inter relation between mind and matter was used in the story several times. For example, with the scene where Neo was put in the challenge of having the trust that he will not fall from the skyscraper. Neo fell for not believing that he can leap to the next structure. Neo fell for not controlling the matters through his mind (Irwin, W. 2002. P. 66-74). That is where the mind- body got its significance. Descartes distinguishes mind from matters as two separated substances and made them interdependent. The mind is attributed with thoughts while in the case of matter, it is attributed with spaces. Here started the mind-body problem in which the question about the nature of mind and matter were brought into consideration. How can these two distinct variables possibly correlate or influence each other or what links them and affect each other. In a way, there remained the expectation that the mind is so powerful that anyone can make the matter including the body act, move, and appear the way we think. Things cannot have anything in common, as per Descartes, for if it happened, the fundamental state of objects cannot be different. So it became a big question in Holt’s work on how mind and body will be able to interact if they have nothing in common. We can recall that there are some philosophers in modern times have different to say. They are not convinced that mind and matter are different substances. What remained convincing them is the realistic view about the mind in which the distinction between mind and the brain states was apparent. Let’s say, one of the brains most impressive powers is that it is incredibly capable of learning. The mind is reducible to natural processes that can be translated into the language of scientific thought process like math. Holt deals largely on what’s in the mind. More than the subtlety that’s in it; the approach on metaphysical aspects of the mind is the center of this study. It had been a quest to knock the way out of empirical science to analyze the nature of the mind thoroughly. One key terminology used by Holt is â€Å"Machine-made ghost† which gives the picture of a variable structured by thought, to refer to the word ghost, related to the characteristic of a machine. What does it suggest then? It shows a challenging question regarding the possibility of creating an artificial minds or artificial soul. The matter that resembles a body may refer and relate to robotics or AI as used in the movie. More likely, it is far beyond the present capability of human to make it realized but it will not change the fact that it is possible. The link between Mind and Matter doesn’t just go one way whereas the mind determines the condition and situation of the matter. We must consider the fact that nothing determines which instead it is a relationship. It can be done vice versa. This movie â€Å"the Matrix† is conceived by its creators from a materialist perspective. There is an obvious attempt to discuss and explain all phenomena including the feelings of characters from the real world setting of the movie to the characters inside the Matrix like the Oracle and the architect. Everything that they disagree, and all ideas that they embrace are based by the choices they are making as they go along. This is claimed by the Oracle in one of her conversation with Neo saying that he already made those choice that now, all he needs to do is to go along and understand why he made those choices (Wachowski, A. L. 1999). Inside matrix, they are just plain copy of their actual self but the involvements of all repressed wishes provide the best claims for the theories and ideas used by Holt. References Irwin, W. (2002) The matrix and philosophy: welcome to the desert of the real. USA: Carus Publishing Company Wachowski, A. L. (1999). The Matrix. USA: Warner Brothers Studio

Tesco Credit Risk And Analysis Report

Tesco Credit Risk And Analysis Report As members of Credit Analysis division, our line manager has asked us to prepare a comprehensive credit analysis report for Tesco Plc, as it comes out with a new long-term bond issue, to fund its acquisition of Hilton Foods. This credit risk report focuses among other things, on the business background and strategy of Tesco and Hilton Food, analysis of its annual reports, company websites and other sources, a discussion of the techniques used in the analysis, justification of techniques/ major assumptions used in our analysis and rationale behind our teams recommendation on the credit rating of the bond issue. 2. Tesco Business Description and Strategy: Tesco Plc was founded by Jack Cohen in 1919. It employs about 470,000 staff globally. It is the largest British  retailer  by both global sales and domestic market share, with profits exceeding  £3  billion. It is currently the third largest global retailer based on revenue, behind   Walmart and Frances  Carrefour, but second largest based on profit, ahead of Carrefour.(Ryan 2004). Originally specializing in food and drink, it has   diversified into areas such as  clothing,  consumer electronics, financial services, telecoms,  home,  health  and  car insurance,  dental plans, retailing and renting DVDs,  CDs,  music downloads,  Internet services  and  software. Tescos operations are divided into UK and International operations. In the UK, Tesco stores are differentiated by size and the range of products sold. (wikipedia.org). Tesco also retails through its online shopping channels, tesco.com and Tesco Direct. Tesco has international operations in the following countries- China, Croatia, Czech Republic, France, Hungary, Republic of Ireland, Indonesia, Japan, Malaysia, Poland, Slovakia, South Korea, Thailand, Turkey, United States (Annual Report 2009 hereby referred to as -AR2009). Business strategy: Tesco follows the concept of The Tesco Way. It is aimed at improving its competitive position in the market by becoming more customer focused and concentrated on differentiating itself from other retailers through the services it provides. Tesco has developed principles like Better for Customers, Simpler for Staff and Cheaper for Operations.(Tesco website) Its present operations are based on its strategy laid down in 1997 which focuses on these 5 key objectives: To be a successful international retailer To grow the core UK business To be as strong in non-food as in food To develop retailing services-such as Tesco Personal Finance, Telecom and Tesco.com; and To put communities at the heart of what we do. (AR 2009) It is the pursuit of this five-part strategy that has allowed the business to diversify into new emerging markets. Tesco as a business operates a Steering Wheel a balanced scorecard process whereby goals are set for different areas of the business and overall progress is assessed on a quarterly basis in all countries, to help manage performance and deliver business strategy. The Steering Wheels key areas of focus are: financial, customer, operations, and employee. Every store gets a monthly steering wheel update, a summary of its metrics within each of the four arcs, so that all employees in Tescos multiple regions and formats get feedback on their performance. The steering wheel has helped the company stay focused on its strategy even as it experienced rapid growth over the past two decades (AR2009). Please note- For Business Description and Business Strategy og Hilton Food please see Appendix A. 3. Factors affecting credit rating of Tesco: For the purpose of this credit analysis report I would be analyzing three factors influencing the credit rating of Tesco: They are namely: 1) Business Risk 2) Corporate Governance Risk 3) Financial Risk Definitions Table of Factors affecting credit rating of Tesco Business Risk According to wisegeek.com, A business risk is a circumstance or factor that may have a negative impact on the operation or profitability of a given company. Sometimes referred to as company risk, a business risk can be the result of internal conditions, as well as some external factors that may be evident in the wider business community. When it comes to outside factors that can create an element of business risk, one of the most predominant risks is that of a change in demand for the goods and services produced by the company. If the change is a positive one, and the demand for the offerings of the company increase, the amount of risk is decreased a great deal. Internal factors may also result in the development of significant business risk for the investor. Corporate Governance Risk According to SearchFinancialSecurity.com Corporate governance is a term that refers broadly to the rules, processes, or laws by which businesses are operated, regulated, and controlled. The term can refer to internal factors defined by the officers, stockholders or constitution of a corporation, as well as to external forces such as consumer groups, clients, and government regulations. A well-defined and enforced corporate governance provides a structure that, at least in theory, works for the benefit of everyone concerned by ensuring that the enterprise adheres to accepted ethical standards and best practices as well as to formal laws. To that end, organizations have been formed at the regional, national, and global levels. Risk management factors are employed to manage Corporate Governance Risk. Financial Risk According to Wikipedia.org, The risk that a company or project will not have adequate cash flow to meet financial obligations; thus causing the business to file for bankruptcy. Financial risk is the additional risk a shareholder bears when a company uses debt in addition to equity financing. Companies that issue more debt instruments would have higher financial risk than companies financed mostly or entirely by equity. Bilateral barter can depend upon a mutual coincidence of wants. Before any transaction can be undertaken, each party must be able to supply something the other party demands. To overcome this mutual coincidence problem, some communities had developed a system of intermediaries who can warehouse and trade goods. However, intermediaries often suffered from financial risk. 4. Discussion of Techniques and Methods Employed for Credit Rating 4.1 Analysis of Tescos Business Risk SWOT ANALYSIS OF TESCO PLC(For Definition and Explanation of SWOT Analysis please refer Appendix E) Swot Analysis of Tesco Strengths Increasing market share Insurance Tesco online Brand value UK market leadership reinforced Opportunities Non-food retail Health and beauty Further international growth (Source: Datamonitor) (1) Strengths (a) Sales Growth With the recent Global Financial Crisis (hereby referred to as GFC) retail sales have fallen, but Tesco does not seem to be affected as its sales revenue grew by 10.92% in 2008 and 11.86% in 2009. (b) Market share Tesco still holds the largest share of the UK retail market. It maintains this by constantly diversifying into new sectors and consolidating its existing position as a market leader. (2) Weaknesses Tesco Finance profit levels were impacted through bad debt, credit card arrears and household insurance claims. Tescos position as a price leader in UK markets can lead to reduced profit margins in order to retain the key price points on must have commercial items. Grocer outlets are not set up to operate as specialist retailers in specific areas of product which can be capitalised on by other smaller bespoke retailers. Although international business is growing and it is expected to contribute greater amounts to Tescos profit over the next few years. The company is still highly dependent on the UK market. (3) Opportunities The development of Tesco Direct through online and catalogue shopping will grow the use of technology, providing the launch pad for larger non food based products with moderate to high margin returns and less focus on sales and margin per foot return to space. Further international growth. (4) Threats Increasing foreign exchange exposure with international growth. Rising raw material costs from both food and non food items will impact profit margins overall. Continuous price wars between other retailers e.g ASDA, Sainsbury and WM Morrisons. (Source:businessteacher.org.uk) P.T.O (Please turn over) PESTLE ANALYSIS OF TESCO PLC TABLE( for explanation of PESTLE, please see Appendix F) P E S T L E A N A L Y S I S O F T E S C O P L C Political Tescos organic growth internationally into countries in Europe, Asia and America means it is influenced by the political conditions of these countries. Tesco is subject to a wide variety of regulations in the different countries in which it operates because of the diverse nature of its business. Tesco may be impacted by regulatory changes in key areas such as planning laws, trading hours, and tax rules as well as by scrutiny by the competition authorities. Tesco is influenced in the UK by employment legislations such as the minimum wage requirement Economical Economic factors and the state of the economy affects Tesco, because these influence the business environment of operation, business expectation of investors and the consumption level of Tescos customers which all translate into the levels of demand, supply, and pricing of Tescos goods and services. The economic factors have been seen to have caused the decrease in profit growth rates being experienced by Tesco. Tesco has responded to these issues by ensuring that its product variation strategy is upheld in all their stores. i.e having the same product with varying quality and price for the different target markets in the same store. Socio-Cultural Factors Tesco considers the diversity of its customers in terms of culture and tries to meet their varied expectation by having most food and non food items that are required. This strategy is obvious with aisle for world foods, clothes etc. Benefits from cultural diversity and globalization are also evident in staffing of their stores. Technological Technology as a major driver of efficient resource utilization which has allowed Tesco staff to be more efficient at their jobs with the use of a wide variety of scanners for their sales at their tills and for stock/inventory management. A new invention are self service machines where customers can scan and pay for their shopping, this innovation has also lead to a reduction in staff cost. Legal In the UK, the Financial Services Authority (FSA) which is the regulator of all providers of financial services requires Tesco Personal Finance to be able to meet its sterling obligations without recourse to the wholesale markets for a period of at least five business days. To meet regulatory requirements a diversified portfolio of high quality liquid and marketable assets is maintained. Cash flow commitments and marketable asset holdings are measured and managed on a daily basis Environmental Tesco has been able to manage its environmental impact by adopting a number strategies, some of which are; an energy saving initiative lead, to opening of environmental store in a quest for zero-carbon, carbon labelling of products, green club card initiative which encourages customers to recycle. 4.2 Analysis of Corporate Governance Risk An analysis of the Directors report on corporate governance clearly defines the Directors roles and goals for Tesco Plc, as its main aim is to generate shareholder value and safeguard their long-term interests. Tesco, follows the Combined Code on Corporate Governance, especially Section 1, as defined by the Financial Services Authority (FSA), on compliance of the Code throughout the year. The Executive Board , complied with the Code, with the exception of the provision that at least half the Board, excluding the Chairman, should comprise Non-Executive Directors determined by the Board to be independent. This was as a result of the resignation of Carolyn McCall and E. Mervyn Davies as Non-executive Directors due to conflicts of interest. Tesco appointed Laurie McIlwee as the new Group Finance Director, and Jacqueline Tammenoms Bakker and Patrick Cescau and Ken Hanna as Non-executive Directors, thus becoming fully compliant again with the code. Laurie McIlwee has been with Tesco for ni ne years and has a very strong track record in both finance and operations. In his most recent role as Distribution Director Laurie was responsible for transforming the whole network a tremendous achievement, which reflects careful management succession planning at Tesco. The structure of the Board and the integrity of the individual Directors ensure that no single individual or group dominates the decision making process. All Directors have to submit themselves for re-election at least every three years if they wish to continue serving and are considered by the Board to be eligible. The Non-executive Directors bring a wide range of skills and experience, as well as independent judgement on strategy, risk and performance to the Company. The Board has set out a clear Schedule of Matters Reserved for Board Decision in order to ensure its overall control of the Groups affairs. These include the approval of: à ¢Ã¢â€š ¬Ã‚ ¢ the Companys strategic and operating plans; à ¢Ã¢â€š ¬Ã‚ ¢ annual and interim financial statements; à ¢Ã¢â€š ¬Ã‚ ¢ major acquisitions and disposals; à ¢Ã¢â€š ¬Ã‚ ¢ authority levels for expenditure; à ¢Ã¢â€š ¬Ã‚ ¢ treasury policies; à ¢Ã¢â€š ¬Ã‚ ¢ risk management and internal control systems; à ¢Ã¢â€š ¬Ã‚ ¢ group governance policies; and à ¢Ã¢â€š ¬Ã‚ ¢ succession planning for senior executives P.T.O Additional Corporate Governance Role- Table Audit, Remuneration and Nominations Committees The Board governs through a number of statutory Board Committees the Audit, Remuneration and Nominations Committees to which certain responsibilities and duties are delegated. These Committees are properly authorised under the constitution of the Company to take decisions and act on behalf of the Board within the parameters laid down by the Board. The Board is kept fully informed of the work of these Committees and any issues requiring resolution are referred to the full Board as appropriate. A summary of the operations of these Committees is set out. The performance of the Board is a fundamental component of the Groups success. The Board regularly reviews its own performance. Relations with stakeholders Tesco maintains a close relationship with all its stakeholders including customers, staff, suppliers, investors, non-governmental organisations and others, to ensure that its long-term strategy is sustainable. These include corporate social responsibility targets towards- Environment Community Suppliers and Ethical trading Customers Choice Health People and Key Performance Indicators (KPIs)of the Steering Wheel. Internal controls The Board is responsible for the Companys system of internal control and for reviewing the effectiveness of such a system. Tesco has a Group-wide process for clearly establishing the risks and responsibilities assigned to each level of management and the controls which are required to be operated and monitored. Both the internal and external audit, PricewaterhouseCoopers LLP, contribute towards maintaining effective internal financial control systems. Whistleblowing Policy The Group operates a whistleblowing policy and has a confidential Protector Line service accessible to concerned employees where they can report, anonymously if necessary, on issues of malpractice within the business. These issues include unethical behaviour such as fraud, dishonesty and any practices that endanger their staff, customers or the environment. Complaints made are treated as confidential and are investigated. Where appropriate, matters will be escalated to the Director of Group Security for further action. Management At Tesco, trading is tracked on a daily and weekly basis, financial performance is reviewed weekly and monthly, and the Steering Wheel is reviewed quarterly. Steering Wheels are operated in business units across the Group, and reports are prepared of performance against target KPI s on a quarterly basis enabling management to measure performance. Shareholder engagement Tesco is committed to maintaining a good dialogue with shareholders through proactively organising meetings and presentations as well as responding to a wide range of enquiries. During the year, the Chairman, Chief Executive and Finance Director meet with most of the leading shareholders to discuss issues relating to the board, strategy and governance matters, as well as new developments within the business. In addition to this the Company Secretarys office, Investor Relations and other teams within the business engage with shareholders on a regular basis, and on a wide range of issues. Directors remuneration Disclosure Tesco is already a large and profitable company. A 10% increase in Company value equates to some  £3bn in additional shareholder value, equivalent to a FTSE 50 organisation. Continuing to grow and expand profitability from such a high base is challenging but forms the core of Tescos strategy, and its supporting processes including executive remuneration. The result for 2008/9 included improvement on most of the underlying performance measures relating to productivity and growth. More than two-thirds of total remuneration (excluding pension) is linked to performance. Long-term performance is rewarded through delivery of shares and short term performance through a combination of cash and compulsory deferred shares. The Remuneration Committee believes that the majority of total remuneration should be performance-related and delivered largely in shares to closely align the interests of shareholders and Executive Directors. When setting the remuneration of Executive Directors, the Commi ttee considers the Groups performance on environmental, social and governance (ESG) matters. Specific ESG performance targets are applied to certain elements of the remuneration structure, in order to reinforce positive and responsible behaviour by senior management. (Source for all Corp Governance notes: AR2009) Tesco Board of Directors- Table Name Job Title Board Name Job Title Sir Terry Leahy CEO Executive Board Jacqueline Tammenoms Bakker Non-Executive Director Richard Brasher Commercial and Trading Director Executive Board Rodney Chase Deputy Chairman and Senior Non-Executive Philip Clarke International and IT Director Executive Board Charles Allen CBE Non-Executive Director Andrew Higginson Finance and Strategy Director Executive Board E. Mervyn Davies Non-Executive Director David Potts Retail and Logistics Director Executive Board Dr. Harold Einsmann Non-Executive Director Laurie McIlwee Group Finance Director Executive Board Ken Hydon Non-Executive Director Lucy Neville-Rolfe Corporate Legal Affairs Director Executive Board Graham Pimlott Non-Executive Director Tim Mason Marketing, Ecommerce, Property and Republic of Ireland Director Executive Board Patrick Cescau Non-executive Director David Reid Chairman Non Executive Board Karen Cook Non-executive Director (Source-AR 2009) 4.3 Analysis of Tescos Financial Risk For the financial analysis of Tesco, traditional ratio analysis (For Definition and Explanation of Ratio Analysis please refer Appendix C) has been used Profitability Liquidity Financial Gearing Investor and Efficiency ratios. PROFITABILITY Ratio 2009 2008 2007 Return on Equity (ROE) 16.66% 17.89% 17.96% Return on Capital Employed (ROCE) 6.96% 9.25% 10.67% Net Profit Margin 3.98% 4.5% 4.45% The analysis of the Return on Equity shows that the return slightly fell in 2008 to 17.89% from 17.96% in 2007, it further decreased in 2009 to 16.66%. Further investigation of this shows that though the retained earnings in 2008 of  £6,871m is an increase from 2007 level of  £5,693m, the management of Tesco was prudent in the use of available resources, due to the recent GFC. Return on Capital Employed reveals a consistent and steady decline in this rate of return from 10.67% in 2007 to 9.25% in 2008 and 6.96% in 2009. This trend was primarily due to a consistent rise in the current assets of Tesco: it rose in 2007 from  £4,576m to  £6300m in 2008, then in 2009 to  £14,045m. The Net Profit Margin remained almost the same, from 2007 with 4.45% to 4.5% in 2008, but decreased in 2009 to 3.98% for each pound of sales. This can be attributed to the recession, where people tend to spend less and save more. LIQUIDITY Ratio 2009 2008 2007 Current Ratio 0.76 0.58 0.56 Quick Ratio 0.61 0.35 0.32 The Current ratio shows a consistent growth from 0.56 in 2007 to 0.58 in 2008 and then highest of 0.76 due to a 127.15% growth of current assets in 2009, this shows a continuous improvement in Tescos liquidity. Even though a good growth is observed the ratio is a reflection that Tesco is highly exposed to its liabilities. This ratio also shows an increased tendency of liquidity problems since it current assets cannot cover its current liabilities. The Quick ratio is similar to that of the current ratio, with much lower ratios of 0.32 in 2007 to 0.35 in 2008 and highest ratio of 0.61 in 2009. These results also show increasing liquidity as well as a poor coverage of current liabilities by the quick assets. Cashflow Analysis Tescos Free Cashflow Cashflow detail 2009  £In millions 2008  £In millions Cashflow from Operating activities 4978 4099 Net cash used in investing activities 5974 2954 Dividends paid 883 792 Interest paid 562 410 Tax paid 456 346 Free Cashflow -2897 -403 Cashflow Ratios 2009 2008 2007 Cash Return on Sales 9.16% 8.66% 8.28% Cash Debt Coverage 19.39% 25.22% 25.82% Cash-Flow Coverage 63.21% 91.04% 94.66% On analysis of Tescos free cash flow), it dropped significantly from 2007 to 2009, it is in negative of - £199m in 2007, increasing to - £403m, and sharply increasing to - £2897m respectively.. The increase in dividend payout accounts for  £91m (between 2008 to 2009) and explains a small portion of the drop . But the total drop in the cash flow from 2008 to 2009 is a sharp - £3300m. The analysis of Cash Return on Sales determines that from 2007 to 2009 it has increased by 8.3%, to 8.66% and then to 9.16% respectively. Tescos cash return on sales in 2009 of 9.16% is higher than its Net Profit margin of 3.98% in 2009, which is a good sign. The Cash Debt Coverage also shows that Tescos cash position worsened from 2007 to 2009 (i.e) the cash to debt coverage was 25.82%, 25.22% and 19.39% respectively. One of the reasons is that Tescos long-term debt increased between 2007 to 2009 by  £8934m. The CashFlow Coverage shows that the cash generated by Tesco from its operations, to meet its obligations, decreased from 94.66% in 2007, to 91.04% in 2008 , to 63.21% in 2009. To cover the rest of its cash needs, Tesco had to use cash on hand at the beginning of the year, to make up the cash shortfall. P.T.O FINANCIAL GEARING LEVERAGE Analysis Ratio 2009 2008 2007 Interest Cover ratio 6.71 times 11.16 times 12.26 times Debt to shareholders equity 2.54 times 1.53 times 1.35 times Debt to Capital 55.86% 40.36% 35.03% The Interest Cover ratio shows a decline from 12.26 times in 2007 to 11.16 times in 2008 and the lowest ratio of 6.71 times in 2009. The Analysis of the finance cost shows the drop in 2009 was primarily due to an 87.75% increase in non-current liabilities which lead to a 91.2% increase in finance cost. Debt to shareholders equity, shows the usage of creditors by Tesco for every  £1 from investors, increased from 2007 to 2009, by  £1.35,  £1.53 to  £2.54 times respectively. This reflects that the dependence of Tesco on money raised by borrowing has sharply increased in 2009, from 2007 compared to its usage of money raised by selling shares to investors. This also reflects that in 2009, Tesco had a high amount of debt at 2.54, which means it will have to pay higher interest rates to finance its capital activities. Tescos Debt to Capital increased from 35.03% in 2007, to 40.36% in 2008 and rose to 55.86% in 2009, which is very high, and indicates an increasing cost of operating, as it tries to meet its obligations of paying higher interest rates. P.T.O INVESTOR RATIOS Ratio 2009 2008 2007 Dividend Payout Ratio 26.8% 24.4% 21.6% Earnings per Share (EPS) 27.50p 26.95p 23.84p Price/Earnings (P/E) Ratio 16.30 times 16.73 times 18.91 times The analysis of Dividend Payout Ratio shows the payout ratio has been increasing from 21.6% in 2007 to 24.4% in 2008 and 26.8% in 2009. Earnings per Share shows that it is increasing year to year, with EPS in 2007 of 23.84p, in 2008 of 26.95p and 2009 of 27.50p, with the largest increase between 2007 and 2008. The profit for the year in 2008 was higher than in 2007and there was also a reduction of shares in issue from 7,947m to 7,863m in the same year. The analysis of the Price/Earnings shows a continuously declining P/E ratio, with 18.91 times in 2007, 16.73 times in 2008, and 16.30 times in 2009, probably due to a decreasing growth rates in profits- 12.16% growth in 2008 and 1.69% growth in 2009. P.T.O EFFICIENCY Ratios Ratio 2009 In days 2008 In days 2007 In days Inventory Turnover Period (ITP) 19.44 days 20.31 days 17.89 days Trade Receivables Period (TRP) 12.08 days 10.12 days 9.24 days The analysis of the Inventory Turnover Period shows an increase from 17.89 days in 2007 to 20.31 days in 2008 and fell to 19.44 days in 2009. The Trade Receivables Period shows a consistent increase in the TRP: in 2007 9.24 days to 10.12 days in 2008 and a higher increase to 12.08 days in 2009. This could be due to stiff competition in the retail industry and increased credit sales demands of customers. Please note- For Analysis of Financial Risk of Hilton Food, please refer to Appendix B. 5. Justification of assumptions made and techniques used: 5.1 Justification of assumptions made: -Table a) It is assumed that Tesco will takeover Hilton Food and fund its acquisition by the potential issue of long -term bonds. This assumption is taken to conduct this particular credit risk analysis. b) Tesco Financial Year (FY) ended on Feb 28, 2009, and Hilton Food FY ended on 31 December 2008, so despite the accounting year differences, we have maintained that all accounting conditions still remain the same for the sake of comparative study. c) Tesco is one of the biggest retailers in the world with a diversified business, and the assumed acquisition is due to Hilton Food (HF) being a customer of Tesco in the real world, where HF supplies packed meat to Tesco stores across UK and Europe. So this acquisition, would make economic sense to Tescos business expansion, by supplying packed-meat under its own brand name, and economies of scale. P.T.O 5.2 Justification of techniques used: -Table a) We have only conducted Business Risk and Corporate Governance Risk Analysis for Tesco, and not for Hilton Food (HF), as with the future acquisition HF would either be a subsidiary or merge with Tescos entity, and come under Tescos management. Therefore, it would be Tescos Business and Corporate Governance risk which would influence Hilton Food. b) We have analyzed both Tescos and HFs Financial Risk, because when an investor would look at Tescos long-term bond issue, he would like to know about the business and financial risk of both Tesco and HF. c) Financial Risk Analysis (FRA) of Tesco has been done for 2007, 2008 and 2009 and FRA has been done for HF only for 2009, because we have presumed after the acquisition, HF would be a part of Tescos business, so only current2009 FRA is done for HF. d) We have not designated any credit rating like AA, BB etc. according to SP, Fitch or Moodys, because, they use sophisticated credit risk models, and calculations for default and recovery rates, and credit scoring system, Our analysis is based on studying the Business, Corporate Governance and Financial Risk by simpler analytical tools. 6. Rationale Behind Recommendation- Highlights Table a) The analysis of Tesco Plc, reveals that the company has shown good profitability and revenue growth, with good sales growth even in difficult times (GFC). Tesco as a business has revealed further expansion plans across different countries. The SWOT Analysis of Tesco reveals that Tesco, is following a sound business model.

The Scarlet Letter :: essays research papers

The Scarlet Letter According to the New England Primer, a basic textbook used during Puritan times, in Adam’s fall, â€Å"we sinned all†. This quote very much applies to Nathaniel Hawthorne’s characters in The Scarlet Letter. The main characters, Hester Prynne, Arthur Dimmesdale, Roger Chillingworth, and the Puritan society represented by the townspeople, all sinned. This story is a study of the effects of sin on the hearts and minds of Hester, Dimmesdale, and Chillingworth. Sin strengthens Hester, humanizes Dimmesdale, and turns Chillingworth into a demon. Hester Prynne's sin was adultery. This sin was regarded very seriously by the Puritans, and was often punished by death. Hester’s punishment was to endure a public shaming on a scaffold for three hours and wear a scarlet letter â€Å"A† on her chest for the rest of her life in the town. Although Hawthorne does not pardon Hester’s sin, he takes it less serious than those of Dimmesdale and Chillingworth. Hester’s sin was a sin of passion. This sin was openly acknowledged as she wore the â€Å"A† on her chest. She did not deliberately mean to commit her sin or mean to hurt others. Hester’s sin is that her passions and love were of more importance to her than the Puritan moral code. This is shown when she says to Dimmesdale, â€Å"What we did had a consecration of its own. We felt it so! We said so to each other!†(Hawthorn pg. 48) Hester fully acknowledged her guilt and displayed it with pride to the world. This was obvious by the way she displayed the scarlet letter. It was elaborately designed as if to show Hester was proud. Hester is indeed a sinner, adultery is no light matter, even today. On the other hand, her sin has brought her not evil, but good. Her charity to the poor, her comfort to the broken-hearted, he unquestionable presence in times of trouble are all direct results of her quest for repentance. Her salvation also lies in the truth. She tells Dimmesdale of Chillingworth’s real identity, keeping it a secret before, to aid in her salvation. Her pursuit in telling the truth is evident in the lines, In all things else, I have striven to be true! Truth was the one virtue which I might have held fast, and did hold fast, through all extremity save when thy good--the life--they fame--were put in question! But a lie is never good, even though death threaten the other side! Even though Hester’s sin is the one the book is titled after and centered around, it is not nearly the worst sin committed.

The Smoke Signals Forgiveness Essay -- Sherman Alexie Films Movies Med

The Smoke Signals Forgiveness Smoke Signals, written by Sherman Alexie and directed by Chris Eyre, begins on July 4, 1976 on the Coeur d’ Alene Reservation. Arnold Joseph (Gary Farmer), drunk while celebrating the "independence", lit off a firework and set the Builds-the-Fire residence on fire, killing the parents of Thomas Builds-the Fire. Many people were already asleep in the house when the fire started, so no one saw Arnold’s mistake, which he kept a secret from the whole reservation. Both Thomas Builds-the-Fire (Evan Adams) and Victor Joseph (Adam Beach), Arnold’s son, were saved from the burning house. Arnold ran to catch Thomas in his arms after Thomas was thrown from a window. Victor and Thomas grew up together. After the fire, Thomas was raised by his grandmother (Monique Mojica). Victor was raised by his father Arnold and his mother Arlene (Tantoo Cardinal) in a family that was falling apart. After the fire, Arnold turned to alcohol to bury the guilt of accidentally killing the Builds-the-Fire parents by burning down their house by accident. Arnold’s drinking was out of hand. Arnold’s alcohol ended up causing him to abuse his family. He hit both Arlene and Victor. Arlene was also a drinker, but she realized that their drinking became a problem and told Arnold to stop drinking. Refusing the order, Arnold chose to leave his wife and son and move to Phoenix, AZ. For the next ten years, no one was to hear from him ever again. Growing up, Victor and Thomas didn’t get a long so well. Thomas was often annoying and Victor just wanted to be left alone. Thomas often talked of Arnold and Victor never wanted to talk about his deserted father. The last thing that Victor wanted to do was talk about the father that bailed on... ...nts. The film moved in chronological order, so it naturally showed the different stages that Victor faced while dealing with his problems caused by his father. Seeing the sequence of events in this film could cause some of us to notice how similar situations in our lives relate to this. It is this issue of forgiveness that is the most valuable from this film. The viewer can benefit from this by being able to notice how Victor got through his problems. If the viewer has problems of his or her own that are similar to this, then maybe the viewer can apply the film’s lessons to his or her life. The issue of forgiveness is the main point, but there are other great lessons and morals such as the importance of friendship, the danger of alcoholism, handling family conflicts, etc. Not to mention, there is a lot to be learned about Native American culture from this film.

Economic Policy in Downtown Development :: essays research papers fc

  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  When the Heer’s Tower closed down in the 1960's, the downtown area of Springfield, MO. lost a major economic and entertaining element. Since then, Springfield has been planning and working to get back a lot of the status that it once had. The city government had to bring attractions and business in the form of new business’s to spur development to accommodate the 151,580 citizens that reside in the small city. Mayor Tom Carlson and City Manager Tom Finnie have been heading the projects with the help of large developing firms such as the UDA or Urban District Alliance, and hope that projects such as the redevelopment of Heer’s Tower, SMSU’s Innovation center, and College Station will add not only attractions for the mass of people flooding into Springfield each year, but also bring in hundreds of new jobs to boost the economy and help support a growing society. Over the next couple of pages an analysis of the current and future projects, as well as the non-quantitative benefits and effects on the surrounding community will be looked at to further explain why the project is on the community’s agenda.   Ã‚  Ã‚  Ã‚  Ã‚  Tom Carlson calls the development of the downtown area, the â€Å"Center City.† â€Å"It will be a city within a city.† Not to long ago though Springfield was in a slump, after the huge factories of Zenith and GE went out of business, the only other major factory was Kraft. During the 1950's, These companies employed thousands of workers and once they were out of the picture the economy started to level out. The opportunity to have the Center City, started in the 1980's when sub-divisions around Springfield and surrounding towns, such as Nixa and Ozark, started booming. Since then, developer’s such as John Q. Hammons and new faces like Vaughn Post have sparked projects that have created a substantial buzz across the state. The developers took the idea of a new downtown and ran with it, using tax advantages such as state and historic tax credits, property tax abatement, gap financing and loans up to $40,000 to make facade improvements. Also, a low- interest loan program, using Community Development Block Grant Funds, has provided help for many business people. Since 1997, about $125 million has been invested in Center City.   Ã‚  Ã‚  Ã‚  Ã‚  All of these tax breaks and policies have led to some astonishing developments in employment and economic gains.

Civil Disobedience Of Henry David Thoreau History Essay

My subject is about Henry David Thoreau ‘s ‘ method of civil noncompliance. I ‘m traveling to explicate how it influenced Mohandas K. Gandhi and Martin Luther King Jr. and why they chose to look up to Thoreau. Besides I ‘m traveling to discourse the significance of non-violent opposition. Civil Disobedience is a manner that people should non allow authoritiess to overturn and that people have a responsibility to avoid the authorities to do them agents of unfairness. Thoreau did civil noncompliance because of bondage and the Mexican-War, Thoreau was a life long emancipationist he believed that authorities was more harmful than helpful. The authorities in Throreau eyes was non merely a small corupt or unfair but the authorities is a chief agent of corruptness and unfairness, he believed that the same people who appauld soldiers for declining to contend an unfair war are non themselves willing to decline to fund the authorities that started the war. One dark Thoreau was arrested because he refused to pay the revenue enhancement he was opposed he believed paying revenue enhancements was an alibi to spread out America ‘s slaveholding district, the constabulary statioin he was in offered to pay the revenue enhancement for Thoreau be he refused. So he was forced to pass the dark in gaol, he would hold spent more clip in gaol but person I his household paid for his bond. The dark he spent in gaol was a n inpiration to compose â€Å" Resitance to Civil Government. † Henry David Thoreau influenced many public figures like Mohandas K. Gandhi, Martin Luther King Jr. , President John F. Kennedy, Supreme Court Justice William O. Douglas and Russian writer Leo Tolstoy, Besides artisits and writers including Edward Abbey, Willa Cather, Marcel Proust, William Butler Yeats, Sinclair Lewis, Taylor 2 Ernest Hemingway, Upton Sinclair, E. B. White, Lewis Mumford, Frank Lloyd Wright, Alexander Posey and Gustav Stickley and many other people.Mohandas K. Gandhi was the leader of India ‘s battle for independency from British regulations besides he is considered the male parent of his state. Gandhi worked for the rights of Indians populating under the racialist and inhibitory authorities of South Africa. After acquiring leading of the Indian National Congress in 1921he led countrywide campiagns to take down poorness get mores adult females rights build spiritual cultural cordiality and increase economic autonomy. Gandhi believed that force does n't work out anything it merely makes the job bigger. During the early 1900 ‘s he established a magazine called the Indian Opinion he talked about the Indians battle and hungriness for freedom bu the authorities contiued to handle them severely by doing them transport designation cards every where they go, so gandhi gather a protest a nd named it satyagrapha which means force contained in truth and love or non-violent opposition British repression of Indian civil rights increased after WWI the success of nonviolent opposition stunned the British but that success came with a monetary value of force and major reverses In 1920 Gandhi made run non cooperation to liberate India from British regulation during that run many Indians were imprisoned. That same twelvemonth Gandhi was bought to test and was found guilty of motivating noncompliance to British Torahs. He lief accepted the gaol clip that was given to him, while in gaol the nonviolent opposition motion had came to a halt. At 62 Gandhi led a 200 stat mi March that was 24 yearss long and received universe broad attending. Gandhi urged his followings to do there ain salt he knew it was illegal but still wanted a opportunity. Taylor 3 When the Indians began fabricating their ain salt the started acquiring constabulary ferociousness and a whole batch of apprehension. Gandhi had made a program to bust the authoritiess ‘ salt mine but he was arrested right before it was scheduled and his followings fell threw with his program. The foray had much bloodshed and force but it made the motion into a turning point in which British authorities realized that they could non halt civil noncompliance. For a decennary Gandhi struggled for independency and it eventually came in 1947. A twelvemonth subsequently Mohandas K. Gandhi was assassinated by Nathuram Godse he though Gandhi had weakened India by befriending the Muslims. Another individual Henry David Thoreau and Mohandas Gandhi influenced by their civil noncompliance Acts of the Apostless was Dr. Martin Luther King Jr. ; King was the leader of the African American civil rights motion. He led the 1955 Montgomery Bus Boycott and besides took portion in establishing the Southern Christian Leadership Conference he besides became the first president of that association. In 1964 he was the youngest individual to have the Nobel Peace Prize for seting an terminal to racial segregation and racial favoritism he got it because he used Thoreau method of civil noncompliance and nonviolent opposition. In April 1963 he caught the attending of the state because of his passive and passive resistance beliefs. He was taking a run in Birmingham, Alabama to set a halt to racial segregation at tiffin counters and hiring patterns, while King and his followings were on a March toward the metropolis hall of Birmingham the constabulary turned fire hosieries and arrested all the marchers and Dr. King was arrested every bit good. While functioning clip in gaol Dr. King wrote missive called â€Å" Letter from Birmingham City Jail † . Taylor 4 In the missive he explained that â€Å" You express a great trade of anxiousness over our willingness to interrupt Torahs. † He was mentioning that to the white people in that quotation mark, reasonably much of his missive was for the white crowd. Besides in his missive he quoted that â€Å" there are two types of Torahs they are merely and unfair Torahs † , I would hold with Saint Augustine that an unfair jurisprudence is no jurisprudence at all. Now what is the difference between the two? â€Å" How does one determine when a jurisprudence is merely or unfair? A jurisprudence is a manmade codification that squares with the moral jurisprudence or the jurisprudence of God. An unfair jurisprudence is a codification that is out of harmoniousness with the moral lawaˆÂ ¦ † An unfair jurisprudence in King ‘s eyes was â€Å" a codification inflicted upon a minority which the minority had no portion in ordaining or making because they did non hold the unhinde red right to vote. † He was stating that who is Alabama to put up the segregation Torahs democratically elected? â€Å" Throughout the State of Alabama all types of conniving methods are used to forestall Negroes from going registered electors and there a rhenium some counties without a individual Negro registered to vote despite the fact that the Negro constitutes a bulk of the population. Can any jurisprudence set up in such a province be considered democratically structured? † The ground for King composing the missive was a response to eight white reverends that argued that the conflict against racial segregation should be handled in tribunal non in the streets. King responded by stating â€Å" making nonviolent actions such as his that he stated in his missive true civil rights would ne'er be achieved † . He said that â€Å" non merely was civil noncompliance justified in the face of unfair Torahs, but that one has a moral duty to disobey unfair Torahs † . Taylor 5 Henry David Thoreau believed in simplifying one ‘s life. He expressed his ego through power and duty of an person to find right from incorrect. Thoreau encouraged his followings express their individualism each in their ain manner. One of Thoreau ‘s celebrated quotation marks was â€Å" I went to the forests because I wished to populate intentionally, to look merely the indispensable facts of life, and see if I could non larn what it had to learn, and non, when I came to decease, detect that I had non lived. † That was one of Henry Thoreau ‘s celebrated quotation marks refering to civil noncompliance. Ralph Waldo Emerson played a large portion on Henry Thoreau ‘s civil noncompliance motion ; Emerson was the individual that told Thoreau to ever maintain a diary around him. Ralph Emerson started the American Transcendentalism motion and that motivated Thoreau against society besides he lived in a forest exterior of Boston for several old ages Emerson and Thoreau were both emancipationists. Henry Thoreau was a misunderstood individual and people merely did understand what he was seeking to make he was non out to ache anybody he merely thought it was incorrect for a individual to take part in something that they did non hold on. Here are some of Thoreau ‘s celebrated quotation marks that may hold influenced today ‘s militants is â€Å" A wide border of leisure is every bit beautiful in a adult male ‘s life as in a book. Haste makes waste, no lupus erythematosus in life than in housekeeping. Keep the clip, detect the hours of the existence, non autos. † Another is â€Å" A genuinely good book Teachs me better than to read it. I must shortly put it down, and commence life on its intimation. What I began by reading it, I must complete by moving. And the one last good quotation mark I found was: Taylor 6 â€Å" I HEARTILY ACCEPT the slogan, that authorities is best which governs least, but, to talk practically and as a citizen, unlike those who themselves no authorities work forces, I ask for non at one time no authorities but at one time a better Government. The mass of work forces serve the province therefore non as chiefly but as machines with their organic structures. They are the standing ground forces, and the reserves, prison guards, constables. In most instances there is no free exercising whatever of the judgement or of the moral sense ; but they out themselves on a degree with wood and Earth and rocks ; and wooden work forces can possibly be manufactured that will function the intent as good. Such bid no more regard than work forces of straw or a ball of soil. They have the same kind of worth merely as Equus caballuss and Canis familiariss. How does it go a adult male to act toward this American authorities today? I answer, that he can non without shame be associated with it. I can non for an instant recognize that political organisation as my authorities which is slave ‘s authorities besides. † In today ‘s society there are a few people practising nonviolent opposition but there are a few instances non-violent opposition militants like there were 23 non-violent peace militants desiring to set an terminal to the war of U.S. in Afghanistan they were being dragged and pushed off from the White House Gatess by Secret Service officers. The militants made up a National Campaign for non-violent opposition and they had written a missive to President Obama to bespeak a meeting to discourse their sentiments on the war. The significance of Nonviolent Resistance is a signifier embodied societal alteration that actively and persistently challenges violent and unfair conditions, constructions or policies through non-injurious agencies. There was one more major nonviolent opposition act it was the 1989 Velvet Revolution in Czechoslovakia it was considered to be the most of import Taylor 7 nonviolent Revolutions of 1989. Non-cooperation is another manner of non-violent Acts of the Apostless. The point of non-cooperation is to set a halt to an industry, political system, or an economic procedure, the Acts of the Apostless of non-cooperation: boycotts, civil noncompliance, labour work stoppages and revenue enhancement refusal. In decision non-violent opposition is the manner to travel if you want to acquire something work out it may take along clip to carry through the end but one twenty-four hours after all the boycotting, work stoppages, revenue enhancement refusal, etc. you will likely acquire your manner. That ‘s what Henry David Thoreau, Mohandas K. Gandhi, and Martin Luther King did ; they kept on contending ( non physically ) until they got their end accomplished. All three of those work forces have went down in history today merely because they use non-violent opposition, now and yearss people tend to contend back utilizing force because they are impatient or have n't learned about non-violent opposition. That ‘s what the United States should hold done alternatively of being in this war for along clip and truly non carry throughing anything because what ‘s the existent ground we are over there and is to arms of mass devastation, Osama Ben Ladin and we have non been successful of h appening none of the two. It would hold been easier if they use non-violent opposition. Non-violent opposition can be helpful and non helpful, like in today ‘s society it is non to many people out at that place today that pattern non-violent opposition daily like they did back, chiefly because of the new coevals and new engineering we have. In today ‘s society we should hold more people like Thoreau, Gandhi and King because we would acquire a batch more complete if we pattern non-violent opposition like they did. Non-violent opposition is really powerful and people do non recognize that it can acquire you whatever you want faster than being violent will. Taylor 8 Dr. Martin Luther King rule of non violent opposition was â€Å" the guiding visible radiation of understanding or delivering good for all work forces. † That rule right there says a batch and if people took the clip today and went and look at non-violent opposition they may get down utilizing it alternatively of assailing violently. Plants Citied: www.spaceandmotion.com/Philosophy-Henry-David-Thoreau.htm www.thoreau.eserver.org/civil.html