Tuesday, December 31, 2019

W3 Quiz Solutions Essay - 668 Words

BUSN 5200 Quiz for week 3 Note: In the questions below, the correct answer is identified with an asterisk 1. (See Exhibit 2-2 on page 58 in your BUSN 5200 Custom text Version 2) Assume Main Street Store’s Net Sales in 2010 were $1,000,000 and it’s Net Income in 2010 was $17,000. Thus, between 2010 and 2011 Main Street Store’s net sales increased 20%. During the same period what percentage did net income increase? a. 5.6% From Exhibit 2-2 on page 58: b. 17.0% 2010 net income: $17,000 2011 net income: $18,000 c. 5.9% * Change: $ 1,000 Percent change = $1,000 / $17,000 = .0588, or 5.9% d. 94.4% 2. (See Exhibit 2-2 on page 58 in your BUSN 5200 Custom text Version 2) In 2011 Main Street Store’s†¦show more content†¦a. Buying equipment $(40,000) b. Paying off debt no pay down of debt in 2011 c. Increasing inventory * $(170,000) See Exhibit 2-4 on page 62 d. Paying dividends * $(5,000) 7. (See Exhibit 2-4 on page 62 in your BUSN 5200 Custom text Version 2) What happened to Main Street Store’s Cash Account in 2011? a. It increased * From Exhibit 2-4 on page 62: Increase in cash during 2011 = $34,000 b. It decreased c. It stayed the same d. You can’t tell without further information 8. Which of the following is true about McDonalds Corporation? a. Between 2010 and 2011 total revenue increased by a higher percentage than net income. * 2010 2011 Change Percent Change McDonalds Total Revenue $24,074.6 $27,006.0 $2,931.4 .1218, or 12.18% McDonalds Net Income $4,946.3 $5,503.1 $556.8 .1126, or 11.26% http://www.sec.gov/Archives/edgar/data/63908/000119312511046701/d10k.htm#toc37660_19 Scroll down to page 28 b. Between 2010 and 2011 total revenue increased by a lower percentage than net income. c. McDonalds’ sales decreased between 2010 and 2011. d. McDonalds’ net income decreased between 2010 and 2011. 9. McDonalds’ net worth (in millions) at the end of 2011 was: a. $16.6 b. $0 c. $14,390.2 * See http://www.sec.gov/Archives/edgar/data/63908/000119312511046701/d10k.htm#toc37660_19 Scroll down to page 29 d. 32,989.9 10. Which of the following isShow MoreRelatedEssay on Midterm Questions6765 Words   |  28 Pagespast decisions related to budget or employee benefits were made by the managers involved True 10. List, in order, the steps to include in a rationale Step 1-title 2-identify the problem globally 3-narrow the problem 4-state a proposed solution 5-state what can be gained from the program 6-state why the program will be successful 7-provide references 11. In order for resources and support to flow into health promotion programming Decision makers need to see values from the program Read MoreInternational Financial Accounting155754 Words   |  624 PagesLearning Media Ltd BPP House, Aldine Place London W12 8AA www.bpp.com/learningmedia Printed in Great Britain We are grateful to the Association of Chartered Certified Accountants for permission to reproduce past examination questions. The suggested solutions in the exam answer bank have been prepared by BPP Learning Media Ltd, unless where otherwise stated. All our rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any meansRead MorePepsi Supply Chain13753 Words   |  56 Pages Supply Chain Management Adel Abou Heneidy 143 Symbols in logistics network Supply Chain Management Adel Abou Heneidy 144 Network Design Tools: Major Components †¢ Mapping – Mapping allows you to visualize your supply chain and solutions – Mapping the solutions allows you to better understand different scenarios – Color coding, sizing, and utilization indicators allow for further analysis †¢ Data – Data specifies the costs of your supply chain – The baseline cost data should match your accountingRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesPoint/Counterpoint Player–Owner Disputes Are Unnecessary 471 Questions for Review 472 Experiential Exercise A Negotiation Role-Play 472 Ethical Dilemma The Lowball Applicant 473 Case Incident 1 Choosing Your Battles 473 Case Incident 2 Mediation: Master Solution to Employment Disputes? 474 S A L 15 Foundations of Organization Structure 479 What Is Organizational Structure? 480 Work Specialization 480 †¢ Departmentalization 482 †¢ Chain of Command 483 †¢ Span of Control 484 †¢ Centralization

Monday, December 23, 2019

The French Revolution, A Tale Of Terror And Hope For Our...

Antonio Florez His -131 L. Parker 04/29/16 The French Revolution The topic that I will be writing about is the French Revolution and how it affected France as a nation. The book that I read was The French Revolution, A tale of Terror and Hope for Our Times, by Harold Behr. This book gave a very large and broad overview of what transpired during the French Revolution, which occurred during the years of 1789-1799. Though the book covered a lot of material that happened throughout those years, I will be covering the main topics, such as what were the events leading up to the revolution, how the revolution affected the people of France, how the revolution affected the country as a whole, how the revolution affected the world, and whether or not the revolution in the end helped or was more detrimental to the country. All of the topics will be covered from my point of view and how I interpreted the author, there is another point of views on the revolution but this will be from what I felt the book meant to me. The events leading up to the French Revolution were many things, but the biggest and most recognized by historians is the fact that the French government was bankrupt due to funding the American Revolution. This lead for the king, King Louis XVI to raise taxes just like any country would. The only problem with what he did, was he was not taxing everyone. He was just taxing the poor, the people with the least amount of money. This left more wealth for the clergy and theShow MoreRelatedPolitical Elements in A Tale of Two Cities by Charles Dickens1228 Words   |  5 PagesA Tale of Two Cities has many political elements in it, as the novel discusses the different monarchies in France and England. 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Then it takes a turn for the worse and leaves our characters in a disarray, tormented, confusedRead MoreEssay on Critical Circumstances of the Vietnam War1607 Words   |  7 Pagesfailure to demolish the Vietnamese Communist Government . It should be noted that many years before America was directly involved with the war, Vietnam, Cambodia and Laos were under French colonial rule where the Viá »â€¡t Minh (the communist nationalist independence coalition) spent many years fighting for freedom from the French. In 1959 the Geneva Conference permitted the foremost powers to come to an agreement on Indochina which would temporarily divide Vietnam at the 17th parallel. Going forward, theRead MoreSacrifice in A Tale of Two Cities written by Charles Dickens1778 Words   |  8 Pagesto be Charles Darnay, and he perishes when he gets executed by the guillotine. By sacrificing himself, Sydney allows Charles and Lucie the opportunity of escaping the terror during the French Revolution. The story in which these events take place is called A Tale of Two Cities, written by Charles Dickens. The central idea of A Tale Of Two Cities is that sacrifice is exemplified by the heroic power that the character demonstrates by surrendering his or her own life or a possession, that of which resultsRead MoreGeorge Orwells Animal Farm Essay examples2468 Words   |  10 PagesTask 1 Part A: A satire to some, but a slanderous novella to us: George Orwell’s Animal Farm uses a plethora of satirical techniques to mock our glorious authoritarian regimes. Throughout the sequence of events, the animals live under ridiculous commandments, such as not wearing clothing or sleeping on beds. They are each rightfully voided until one modified version remains: â€Å"ALL ANIMALS ARE EQUAL / BUT SOME ANIMALS ARE MORE EQUAL THAN OTHERS† (Orwell, Animal 133). The trimmings of freedom, althoughRead MoreThe Slave Ship And Impression Sunrise Two Masterpieces Of Art History1815 Words   |  8 Pagesinterpretation of colors in addition to motion. They may be intricate works that can be both identified as the face of artistic techniques; The Slave Ship is widely seen as a Romantic portrait becoming an outstanding illustration for the Sublime revolution, while on the other hand, Impression Sunrise is the earliest portrait recognized in the Impressionist age. Both styles are revolutionary artworks with approaches that a majority of individuals had never examined before. Although the artworks compriseR ead MoreEssays on Vehicular Pollution3726 Words   |  15 Pagesintellectual/artistic movement has had comparable variety, reach, and staying power since the end of the Middle Ages. Beginning in Germany and England in the 1770s, by the 1820s it had swept through Europe, conquering at last even its most stubborn foe, the French. It traveled quickly to the Western Hemisphere, and in its musical form has triumphed around the globe, so that from London to Boston to Mexico City to Tokyo to Vladivostok to Oslo, the most popular orchestral music in the world is that of the romanticRead MoreTale of Two Cities4458 Words   |  18 Pagess Tale of Two Cities – Study Guide Questions 2008 Use these over the course of your reading. They are very helpful if you use them!! Book I: Recalled to Life Book I, Chapter 1: The Period 1. What is the chronological setting of this opening chapter? What clues enable us to determine The Period? 2. How does Dickens indicate the severity of social conditions in both France and England? 3. Who is the king with a large jaw and a queen with a plain face? 4. How does DickensRead MoreEssays on Vehicular Pollution3733 Words   |  15 Pagesintellectual/artistic movement has had comparable variety, reach, and staying power since the end of the Middle Ages. Beginning in Germany and England in the 1770s, by the 1820s it had swept through Europe, conquering at last even its most stubborn foe, the French. It traveled quickly to the Western Hemisphere, and in its musical form has triumphed around the globe, so that from London to Boston to Mexico City to Tokyo to Vladivostok to Oslo, the most popular orchestral music in the world is that of the romanticRead MoreWilliam Wordsworth: A study of his poetry and its reflection of Romanticism Who is William Wordsworth? Why is he called a Romantic poet? How does his poetry reflect Romanticism?5604 Words   |  23 Pagespoetry of the Lyrical Ballads is light and carefree in tone and ambiance while that of the Sonnets is somber and reflective. This is because Wordsworth suffers a period of political disillusionment with the defeat of the French Revolution which is heavily reflected in his poetry of the time. It follows naturally that if the subject matter and ambiance are affected by Wordsworths life then so would the themes and images of the poems. For these reasons, the poems have been separated into three distinct

Sunday, December 15, 2019

What is an Interest Group Free Essays

An interest group (also referred to as advocacy groups) is an organization organized by a special set of people with specific skills to lobby for or against a specific interest to benefit their cause. They usually lobby for one or more shared concerns to manipulate public policy and opinion especially in the U. S. We will write a custom essay sample on What is an Interest Group? or any similar topic only for you Order Now Congress to benefit their cause, supporters, or one segment of society. They include a vast array of organizations such as: charitable organizations, civil right groups, corporations, professional and trade organizations, etc. Their main goal is to publicly or discreetly promoting and creating an advantage for its cause. Different types of Interest Groups There are a variety of interest groups such as business/trade organization, agricultural groups, professional groups, labor groups, promote causes groups, promote the welfare groups, religious groups and last but definitely not leads public interest groups. A business/trade organization is created by merchants, business personal’s or owner’s and commercial organizations to represent both small and large business groups. An ideal example of these groups are the U. S. Chamber of Commerce, American Bankers Association, National Association of Manufacturers or N. A. M. (www. srvhs. org. Aug 26th, 2012). The sole objective of an agricultural group is to sort and look after the interest of farmers and farming policy. They represent a variety of farmers in the agricultural sector in the work force who specialize in diary, grain, fruit, livestock etc. Anything pertaining to farming and their specialized products. Arguable the most known agricu ltural groups are the National Farmers Union, The National Grange, and the National Farmers Bureau. Professional groups are classified as occupations that require extensive training through a certificate or higher education such as education, medicine and law. They are created to promote and protect their member’s occupational interests and safety. Examples include The American Medical Association or AMA, The American Bar Associate (ABA) , and The National Education Association (NEA). One of the well known interest groups is labor unions. It is an organization of workers who share the same type of jobs or work in the same industry. (www. srvhs. org. Aug 26th, 2012). They press the government to formulate policies that will be beneficial to their members. The largest and most well known labor union is the AFL-CIO (The American Federation of Labor Congress of Industrial Organizations). Organized labor unions usually advocate with one voice on issues ranging from welfare to Social Security, employment and wages, etc. Promote causes groups are a large number of groups that either promote or advocate against a specific their members demand to be voiced upon. Examples include and not excluding the American Civil Liberties Union (ACLU), The National Right-to-Life Committee, the National Wildlife Federation (NWF), Planned Parent and the National Rifle Association (NRA). Promote the welfare groups are defined as interest groups seeking promote interest of a certain segment of the population and its welfare like minority groups. They include the American Legion, Vetarens of Foreign Wars, American Association of Retired Persons (AARP), National Association for the Advancement of Colored People (NAACP). Religious groups are interest that try to persuade policy in the favor of religious matters. Examples include the National Council of Churches, the Christian Coalition, the National Catholic Welfare Council, the American Jewish Congress, and the Anti-Defamation League. How to cite What is an Interest Group?, Papers

Saturday, December 7, 2019

Customer Experience Model Retail Brand and Positive

Question: Discuss about the Customer Experience Model for Social Environment, Retail Brand and Positive? Answer: The background of this case study is based on the Home Depot, China an US based home decorating company that was facing the problem in China. The issue of the company was related to the international business as well as change in the environment of the business that was not an uncommon matter in the industry. In this context, the company has faced the different culture due to different demographics in China (Pinterest, 2016). The company had a strong background in the USA before going to China. It had its presence in many countries as well as in the home country. In the meantime, the company had grown since 1978 as the home dcor and the home developer for the American citizens. The companys operation was been scheduled as presenting it towards the contracting business for the retail business. The service of the company was termed as the highly valuable for the customers. The home decorating division is known as Expo design center. The company is specialized in decorating the home as well as furnishing with suitable illuminating designs (Bhasin, 2016). Therefore, the companys trading division has contributed much to the business of furnishing the personal home and the online business of serving the customers in many domains. The company can provide the customers outdoor as well as indoor furniture. The furniture made of wood as well as organic fiber. The company has the business of film production materials as well as power tools for the retail segment. The company had faced the problems regarding the international expansion like China as the culture of the Chinese people was different. The main problem was to encompass the local people in the business who can understand the local issues and related sentiments of the customers (Burkitt, 2016). The assembling line of the furniture and other decorative products was necessary for the company as the Chinese people liked to pay for serving their needs and demands. Home Depot had tried to shake up its strategy by opening niche product and service based stores in China for getting more revenue from the Chinese people in this segments (Feng, 2014). Analysis The major problem faced by the company is to sustain its business in China where the culture of the people is different. It started its venture in the country by acquiring the local home improvement retailer The Home Way. It was the acquisition of the twelve stores spread over the six cities in the country. The recent move of shutting down majority of the stores in the country has made the companys presence in the limelight of the Chinese media. The companys policy of assembling the furniture by the customers was not appreciated by the Chinese people as they liked to pay to the people who worked for them. In this context, it was also found that the demand of the Chinese consumers regarding the products was different as well as the specialty of the goods for selling to the Chinese people (Breazeale Lueg, 2011). In this regard, the projection of the business did not look good for the company in China as their strategy of running the business did not work out since opening. The same pr oblem has been happened for other retailers as they could not find the feasible option for the cultural differences in China. Ikea had the support to its customers by providing labors for assembling the furniture. The condition of sustaining the business of retail products in the country has been demoralized with the low labor rate in the country. Thereby, the assembled or non-assembled furniture could not be feasible for the company as the culture of the country was different (R. Dhanya Dr. S. Ramachandran, 2011). The cost of the labor was too low in China. In this regard, the information from the case study showed that the labor charge in the country was too low, especially in the suburban and small city area. Further, the big cities like Beijing and Shenzhen had the access of high pool of labors in numbers who work at low cost. Therefore, the strategy of Ikea to provide the service from the labors was successful in China as the Chinese people like to hire them to work with their service of labors for assembling the furniture ("Retail Brand Building Through Promotional Communication: A Study That Focuses on Category Killers Promotional Flyers", 2011). Another problem was seen for the foreign companies in China to react quickly according to the needs of the market and the market. The climate of Chinese retail industry was much complex compare to other countries. In this context, we have seen that the Chinese retail companies do not hold their inventory for many days (Narteh Kuada, 2014). The foreign do not follow the instinct of the local retailers. They had the tendency of making huge inventory for the products they want to sell in the market. Competition in the retail market of China is too tight for the foreign companies due to price differentiation from the local retailers. The Chinese sales persons are hired for the local players to sell their products who know the local culture and add value in their selling technique. However, the foreign people were hired by the foreign companies for retail sales jobs in the Chinese markets. This was a major flaw in selecting the market representatives in retail segment by the foreign retailers in China (Liu, 2009). The trend of the sales of retail market in this country by the Chinese companies was seen to be sluggish due to lack of knowledge of the local markets and the local culture of the customers. In this regard, the product mix marketing of the Chinese retailers are based on the brand based. The consumers could see and observed all the products of the same brand at one place. However, the foreign retailers, especially the American retailers displayed the products of the diffe rent brands category wise at the same place (Nadiri, 2011). The presentation of the events of the selling retail products in China differs by their traditional culture of retailing by the foreign companies. Different taste of the consumers in the country is also a factor for the foreign practitioner in retail segment. The taste of Chinese people did not match with that of the American people as they do not think to pay attention towards the local cuisines much. However, the Chinese people were very exact about their culture and taste regarding their fashion, decoration, food habits and buying habits (Liu Pearson, 2010). This was developed due to their different culture and ethnicity in society with traditional familiarity towards the social interaction among each other. The recent closure of the stores of Home Depot would make the loss of assets as well as the value of the company. The closure would cost the company in reducing its book value of the shares by 10 cents per share for the parent US arm while there would be much complication in balance sheet due to impairment of goodwill and severance charges for closing the foreign units. In this way, the value of the brand would be deployed due to losing the business of the associates of the company (Sun Ma, 2009). The number would be almost 850 who would be paid the severance package due to their loss of closing the seven stores throughout the country. The issues would be addressed in the share price of the company as the earnings per share will be affected too. The old employees in the closed stores would be retained in the specialty stores of Shenzhen and sourcing office of Shanghai. Alternatives There are many alternatives are possible for the foreign retailers in China. The current context had delivered the information of the changes in the country due to social and cultural difference in the country (Yu Zhang, 2011). Thereby, some of the strategies to run the retail operation of Home Depot can be used to control the current situation and develop the same in the country. The main alternative strategies are as follows: The selection of the salesman in the Chinese stores must be changed for the company as they need to recruit the local people to understand the values and sentiment of the local consumers. The pay and rewards must be in competitive way for the sales department so that maximum output can be achieved from them (Yu Ramanathan, 2012). In this way, the company can achieve the higher sales in their furniture and decorative paints in Chinese market. The cost regarding opening the owned stores may not be feasible for Home Depot as the cost associated with own stores are always high. The management may think about changing the model of business in China by opening the Franchise mode of business in selected cities where the competition is higher from the local retailers. In this way, they can reduce the price of the products and may take place in the competitive market in their products ranges. The company must hire the local labors to fix their furniture and other goods for the customers. This strategy will maintain the taste of the Chinese customers of paying the workers for their activities as well. Further, in this case, Home Depot can acquire the taste of the customers by providing them their requirements. Market research is very important for the customers as they need to rethink before making any move and investment in the foreign market. Home Depot must conduct thorough market research for the different province of the country as the culture and taste of the different provinces are different in China. It may reduce the sunk cost of the company for future expansion in the country. Selection of decision criteria The decision criteria for the alternatives would be based on the alternative strategies selected for the company. In this regard, the management of the company has to select the key decision criteria for making all the changes as followed: Competition with the rivals and especially with the local retailers is the main decision variables in this case to be considered by home Depot. Thereby, the answer of the question of being competitive in the local market with the alternatives must be evaluated. The reaction of alternative in view of financial risk of the company Home Depot must evaluate the financial risk of the alternative strategies. We had the clear evidence of making loss in Chinese segment for Home Depot. Therefore, the management must make decision on basis of the financial feasibility and investment risk associated with the strategies. How far the management may control the operation in franchisee mode? That is the major question in decision criteria. The franchise operation may reduce the control of providing the service and the quality of the products of Home Depot. Analyzing and evaluating the alternatives The decision criteria from the above section can be seen and the alternatives can be assessed individually for evaluating the appropriateness of the alternative strategies. Recruitment of local salesman The issue of understanding the local culture and taste of Chinese people is the main concern here. Therefore, recruiting the local sales person in the stores may provide the company an edge of projecting the taste of the local community to increase its sales. The analysis of this alternatives in basis of the decision variable 1, we can see that competition in the market can be won by Home Depot in this due course. The competition in the market is not only present because of competitors low priced model of business, but also the competition is present due to stay with the culture and the taste of the consumers in Chinese market. The financial risk associated with the alternative is initially risky proposition for Home Depot as the local people has to be recruited as well as they have to be trained for understanding the system of the company. However, the cost of rewards and the salary will be varied on basis of the performance from the selected sales person in the stores. However, the risk increases gradually due to better performance from the sales person in the stores and increase of sales. The commission based payments increases the risk of paying more rewards; hence the low profit may be increased. The management control in the franchise based model can be increased by recruiting the local people. However, the experience of Home Depot in the country for acquiring the local people may enhance the risk associated with the crocodile. Local people can be employed; but not in the top position of the firm. Employing the local at managerial level people may reduce the risk associated with bankruptcy. Cost associated with the new stores in the country The new stores in China cannot influence the taste of the local people by anyway. The alternative of flexible and convenience of the store location may provide the customers an edge of finding Home Depot store. However, it is not the feasible option for the company to become competitive in the market as there are numerous retail stores of the same products in the local area. Opening the new stores in different locations may have financial risk as the management has to find out the feasibility of making the investment decision. In the meantime, the investment for the new stores in the new location may not be feasible as the company has suffered huge loss in the country since inception. The new stores will provide the company entire control to the management to operate the store. Management may not have the entire operational control over the franchise opened stores in the area. The products and the service from Home Depot can be supplied and sold to the local customers through the new stores in a new place. Usage of local labors The local labors may add the feature in the companys profile for serving the customers. The service of providing the customers of do-it-by-me can be provided with special charges as well as a nominal rate of profit also can be made from this new arm of service. This proposition can help the company to reach the local customers taste and the needs. The financial risk associated with hiring the local labors for providing the customers service for the goods as well as assembling the item lines. The risk associated with hiring the labor will make the funds at risk for Home Depot due to initial payment to the labors. Further, the risk of paying wages to the fixed labors while there will not be any orders. Hiring the new labors in the company for serving the customers better may not provide the entire control over the operation to the management. The process of hiring if direct then the management may have the entire control over the activities of the labors. The service to the customers can be provided as per the requirement of the business. The outsourcing of the labor may reduce the financial risk associated with the direct labor charge. However, the management may not have any control over the service provided with the hired labors to the customers for assembling the furniture. Market research The market research of setting up the business may be found important in this business. The competitiveness and surviving in the market for Home Depot is possible through conducting market research in the local area. It may provide the company long-term competitive advantage whereas the demand of the products from the local customers can be understood by the management. The financial risk associated with the project is null as the cost associated with the project of researching the market is not recoverable from the direct point of view. It is a sunk cost, which cannot be redeemed from the operation of Home Depot. Therefore, the risk associated with the investment cannot be measured by any means. The management may not have any control over the market research. The research must be conducted in such a way so that the true and the neutral information is reflected in the results from the research regarding the feasible option of conducting the business. The control over the market survey by the management is not desirable as they may influence the result of the market survey. Selection of the preferred alternatives The selection of the alternative solution to the recent issues faced by Home Depot may as followed: The analysis of the alternative market solution and the internal change in the company showed that the usage of the local labors in the business of serving the Chinese customers is the best solution to Home Depot. The company may find it feasible due to its simplistic nature, low cost and abundance of the resources. The labor service in the business may provide the sustainability and remove the present problems in the operation and the business may provide the profitability. Developing the action plan The Home Depot is recommended to run the Chinese market using the local labor serving policy where the customers will be served through companys own labor for fitting and providing the after sales service. However, the local sales personnel are also required for improving the revenue for the business. Hiring the local labors in contract: The cost of hiring 1 labor = RMB1000 / month Required labor for each store = 12 Open stores in numbers = 7 in present Therefore, monthly expenses for retaining labors = RMB 1000 * 12 * 7 = RMB 84000 Annual expenses for paying the labor will be RMB 1008000 The expenses related to train the local labors about the products and service including their responsibilities will need extensive training and induction program The expenses towards training the labors are considered to be RMB 200 per week. Total expenses towards training will be RMB 200 * 2 * 84 = RMB 33600 Hiring of sales person Salary = RMB 1200 / month Numbers required = 6 per store Total expenses for salary per month = RMB 6* 1200 * 7 = RMB 50400 Commission paid per month per sales person = RMB 2000 (average per person) Therefore, commission expenses = RMB 84000 Total salary per month = RMB (84000+50400) * 12 = RMB 1612800 Growth The sales for year 1: RMB 15000000 Expenses due to salary and wages = RMB 1612800 COGS 40% of total revenue = RMB 6000000 Operating profit = RMB 7387200 Therefore, the actions taken to revive the business in positive way is feasible from the estimated operating profit of the business in China. References Andajani, E., Hadiwidjojo, D., Rahayu, M., ., D. (2014). Customer Experience Model: Social Environment, Retail Brand and Positive WOM.RBM,2(1), 25. https://dx.doi.org/10.5296/rbm.v2i1.5823 Bhasin, K. (2016).Why IKEA Took China By Storm, While Home Depot Failed Miserably.Business Insider. Retrieved 23 February 2016, from https://www.businessinsider.com/ikea-home-depot-china-failed-2012-9?IR=T Breazeale, M., Lueg, J. (2011). Retail shopping typology of American teens.Journal Of Business Research,64(6), 565-571. https://dx.doi.org/10.1016/j.jbusres.2010.06.007 Burkitt, L. (2016).Home Depot Learns Chinese Prefer 'Do-It-for-Me'.WSJ. Retrieved 23 February 2016, from https://www.wsj.com/articles/SB10000872396390444433504577651072911154602 Chaney, I., Gamble, J. (2008). Retail store ownership influences on Chinese consumers.International Business Review,17(2), 170-183. https://dx.doi.org/10.1016/j.ibusrev.2008.02.008 Feng, J. (2014).Whats Up with U.S. Big-Box Retailers in China? The Cases of The Home Depot and Best Buy | China Research Center.China Research Center. Retrieved 23 February 2016, from https://www.chinacenter.net/2014/china_currents/12-2/whats-up-with-u-s-big-box-retailers-in-china-the-cases-of-the-home-depot-and-best-buy/ Liu, X. (2009). Research on the Issue of the Distribution of Household Electrical Appliance Retail Chain Enterprises in China.IJBM,3(5). https://dx.doi.org/10.5539/ijbm.v3n5p74 Liu, Y., Pearson, C. (2010). The Determining Factors of Western Australia's (WA) Foreign Investment in China.Global Business Review,12(1), 1-20. https://dx.doi.org/10.1177/097215091001200101 Mathew, S. (2012). Adoption of business intelligence systems in Indian fashion retail.IJBIS,9(3), 261. https://dx.doi.org/10.1504/ijbis.2012.045718 Nadiri, H. (2011). Customers zone of tolerance for retail stores.Serv Bus,5(2), 113-137. https://dx.doi.org/10.1007/s11628-011-0105-y Narteh, B., Kuada, J. (2014). Customer Satisfaction with Retail Banking Services in Ghana.Thunderbird International Business Review,56(4), 353-371. https://dx.doi.org/10.1002/tie.21626 Pinterest,. (2016).Home Depot Learns Chinese Prefer 'Do-It-for-Me'. Retrieved 23 February 2016, from https://uk.pinterest.com/pin/456341374716443423/ Dhanya, R., Dr. S. 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Friday, November 29, 2019

Willa Cather Essays - Willa Cather, Edith Lewis, My Ntonia

Willa Cather There are few female authors that have had an impact on literature as great as that of Willa Cather. Not only was she an exquisite author, but she broke through into writing during a time when few female authors were successful. Her life, which was directly influential to her writing, was of a simple nature. However, she was able to over come a drab, mundane life, and turn her experiences into stories that would be enjoyed by many generations. Willa Siebert Cather was born in her maternal grandmother's home in 1873 in the western region of Virginia (Robinson). Cather's name was originally Willela (after her father's younger sister who died as a child), but the family always called her "Willie." They did this because as a child Willa altered her name in the family Bible and insisted that she was named after her uncle William Sibert Boak (Woodress). In the spring of 1883, when Willa was nine, the Cathers moved to a farm near Red Cloud, Nebraska. Cather described her thoughts of this land to an interviewer. She said, "As we drove further and further out into the country , I felt a good deal as we had come to the end of everything." (Cather quoted in Woodress). They came to Nebraska by train because the journey by wagon would have been long and tiring. Cather's first home in the state of Nebraska was with her Grandfather. (Robinson). "Its most characteristic feature which she described faithfully in My Antonia was a basement kitchen and dining room." (Robinson) However, a year later the Cather's left the farm to live in the town of Red Cloud, so the children could attend school. Red Cloud was a town of 2,500 people. The people of Red Cloud played an important part in the life and work of Willa Cather. There were many people in the town who inspired her and "she sought interesting adults wherever she could find them." (Woodress). Two of Red Cloud's doctors became friends with Willa, and sometimes let her come along on their calls. Cather also medically experimented on animals with a set of medical instruments, this upset and disgusted some of the citizens of Red Cloud. (Robinson). In high school Willa Cather had greatest ambition was to become a doctor, a profession in which few women excelled. Cather graduated from high-school in June of 1890, at the age of sixteen (Woodress). She was the only student of the three who graduated who intended to pursue college. She would enter the University of Nebraska at Lincoln the following September (Robinson). Cather was also inspired by the actors and actresses who came to perform at the town's Opera House. The children of Red Cloud would put on their own shows where Willa seemed to be an adequate actress, but she always played a boy (Robinson). This was a great surprise because at the time, many women did not perform. Rather younger boys would play the female roles in a play. She expressed a vast dislike for skirts and dresses (Woodress) and later when she attended the University of Nebraska she continued to dress in a boyish manner (Daiches). She wore suspenders, starched shirts and insisted while in college to continue trying out for the male roles in college theater (Woodress). Cather went to Lincoln with the intent of studying science. She was very interested in botany, astronomy and chemistry (Woodress). However, the event that changed her heart toward writing occurred in March of 1891. A professor of Cather's assigned an essay to be written, and the professor was so impressed with Cather's work that without telling her, he sent it to the Journal, the towns paper. He also sent it to a literary magazine for students called The Hesperian (Robinson). Cather opened the Sunday paper to find her essay in print and from that time on she forgot about medicine and concentrated on writing (Woodress). Throughout her college years Cather continued to write for the Journal and took any chance to earn money writing for the paper. Even if that meant putting aside her school work to do it. In the two years she wrote for the Journal she produced over 300 pieces, many of which were essays (Woodress). Cather became the Journal's drama critic and she quickly made a name for herself. "Her work showed a maturity and poise not expected in so young a critic, and her knowledge of drama and literature, continental and classic, as well as English was extensive" (Robinson). During her last

Monday, November 25, 2019

Mister and Master

Mister and Master Mister and Master Mister and Master By Mark Nichol Yes, mister and master are related, the one originally being a variant of the other. They, and a number of compounds and some associated terms, all derive from the Latin verb magistrare, which means â€Å"subjugate.† Master, which entered the English language from the Old French verb maistrier, came to also mean â€Å"learn all about,† â€Å"become adept at,† or â€Å"overcome.† (It also applies to creating something from which copies will be made.) The Latin noun magister, meaning â€Å"chief† or â€Å"teacher,† led to the use of the word- again, its spelling influenced by the Old French form- to mean â€Å"one in authority.† It now pertains to someone who is or was an exemplar of an artistic or scientific field; a ruler, owner, or employer; a victor or one who has control; a male teacher or an expert artisan or worker; one who has earned a master’s degree; or a commander of a merchant vessel or, formerly, a specialist in navigation aboard a naval sailing ship (see Captain vs. Master). It also refers to devices or mechanisms that control others, or to an original from which copies can be made. Finally, it is a title of respect, though little used today. As an adjective, master means â€Å"excellent† or â€Å"skilled,† or â€Å"dominant† or â€Å"predominant,† or pertains to objects from which others are copied. The adjectives masterful and masterly mean â€Å"indicative of a master,† though some writers prefer to make a distinction between them so that the former is reserved for the sense of â€Å"domineering,† but in prevailing usage they are interchangeable. The adverbial form of the former is masterfully, and masterly also functions as an adverb. The condition of being a master (in the sense of being in control) is mastery. Compound words in which master is the first element (and in which the word’s function is adjectival) include mastermind, meaning â€Å"creative or intellectual organizer† (the word, which at times has a criminal connotation, is also used as a verb in all senses); masterpiece and masterwork, which both describe a crowning creative achievement; and masterstroke, which refers to a clever or otherwise impressive effort or performance. Compounds in which master is the second element (and in which the word functions as a noun) are more common; among them are headmaster (â€Å"head teacher†), postmaster (â€Å"head of a post office†), and taskmaster (â€Å"overbearing boss†). A grandmaster is someone who has achieved the highest level of skill in chess, though in fiction the term also applies to experts in other pursuits, such as martial arts, and as an open compound it pertains to a leadership role in Freemasonry or in a chivalric order. Another compound that has developed additional senses is ringmaster; originally, it referred to the master of ceremonies- abbreviated MC, and emcee is an alternative spelling- who introduces circus performers as they enter the ring. Later, by extension, it acquired the sense of anyone who manages or orchestrates a performance or presentation. Words that retain the middle syllable of the Latin term include magistrate, meaning â€Å"judge,† and the adjectival magisterial, which (like its variant, magistral) pertains to the legal context but also has the neutral sense of â€Å"authoritative† and the pejorative connotation of â€Å"overbearing.† (The similar-sounding majesty is distantly related, from magnus, meaning â€Å"strong.†) Other words derived from magistrare include maestro, from the Italian word for master, referring to music conductors, directors, or composers, and â€Å"maà ®tre d’,† a truncation of maà ®tre d’hà ´tel, meaning â€Å"master of the house† and referring to a restaurant host, as well as mistral, which describes a cold Mediterranean wind. Mister developed as a variation on the use of master as a title, and, like the original, which it superseded in popular use as society became more egalitarian, it has faded from use. (Mister has also been used as a term of direct address when a man’s name is not known to the speaker.) The female equivalent is mistress, which has served as a title of deference, a designation for a governess or teacher, or a euphemism for â€Å"lover†; the dominant sense now is â€Å"female lover of a married man.† (Such social titles and their variations and connotations will be detailed in a later post.) Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:7 English Grammar Rules You Should Know75 Idioms and Expressions That Include â€Å"Break†Writing Styles (with Examples)

Friday, November 22, 2019

Gardasil Critique Essay Example | Topics and Well Written Essays - 500 words

Gardasil Critique - Essay Example But is Gardasil all that it is cracked up to be After all, even when vaccinated, there is still a 30% incidence of cervical cancer. Not to mention, it has been reported that the vaccine will not protect against or treat infections in women who have already had infections with HPV -16, -18, -6, and/or -11. FDA Administrator Dr. Andrew von Eschenbach said the vaccine will have "a dramatic effect" on the health of women around the world. This vaccine is supposed to have a lot of side effects as well. Few incidents in the past have raised few concerns regarding this vaccine. As of 22 May 2007, 7 Victorian schoolgirls from Sacred Heart Girls' College were briefly hospitalized after receiving an injection of the Gardasil vaccine and were taken to the Monash Medical Centre. One was temporarily paralysed. Health authorities do not believe that these are directly related to the vaccine. Talking about major concerns, the first concern is that Gardasil may result in an increased number of cases of a cancer precursor among patients who are already infected by one of the four targeted HPV types when they're given the vaccine; and whose immune systems haven't eliminated the virus from their bodies, the AP reported. Secondly, any advantage provided by the vaccine in protecting against the four targeted HPV types could be offset by infection by the numerous other HPV types that aren't affected by the

Wednesday, November 20, 2019

In what way might The Verb to Kill by Luisa Valenzuela be a political Essay

In what way might The Verb to Kill by Luisa Valenzuela be a political allegory - Essay Example It demonstrates how politicians get riches from the poor people, give empty promises and will always come back ‘with a different story for the poor to give them the votes. The verb to kill therefore demonstrates the capitalism of our politicians who are for selfish gains at the expenses of the lives of the electorates. â€Å"The verb to Kill† is a metaphor for the dehumanizing nature of the politicians. In this story, the poor girls who are also the narrators are eaten away or consumed by the daily lifestyle of the old man who is the protagonist. In this perspective, the writer of this article demonstrated how the individuals are â€Å"consumed† by the powerful politicians and leaders. The concept of consumption has been used in this story as a metaphor or allegory in the store to represent the high level of exploitation that these individuals are experiencing. When the writer of this article portrays the girls as being eaten by the daily life of the old man, the writer of this article outlines the kind of activities of the old man that are not beneficial to the young girls. This is unfortunate despite the fact that the young girls play an important role in the story and are very kind towards the man. The main narrator in â€Å"the verb to kill† asserts that their neighbor, the old man is a â€Å"degenerate murderer† and hence is fascinated by the kind of life style that they perceive this old man is leading. They also assert that the old man may not just be a rapist but also someone who eats â€Å"that last breath† (Valenzuela). In this perspective, the narrator claims here that the actions of the old man and his daily activities consume them. In this text, the idea of consumption has been used severally in the text from the beginning through to the end. The idea of consumption here therefore represents the nature of the old man and the notion of destruction and absorption of the girls by the old man neighbor. This is a llegory for the nature of some politicians who play politics just for their own benefits even if it means overlooking the morals and the norms of the society. It also represents the immoral nature of the politicians and the political game in general which demands for the politicians to leave different lives and compromise their morality at the expense of the society and those whom there are close to. The narrators have also demonstrated the fear for the idea of the old man rather than his reality. The idea of consumption and the presentation of the man as vampire are two causes of worry for the poor girls. This is a phenomenon that is common across the worlds’ politicians and their subjects. In politics people do not win because of what they are but because what the ideas they present to the people. The ideas that politicians often presents to the electorate as well as their past deed play an important role in their success. The electorates are often afraid of the idea and no t the person. This explains why the narrators fear this man’s idea and not his reality as their neighbor and an old man. The action of by the girls also demonstrates how they do not care about the old animals though they complain about the old man because of the nature of vampire. In this story, it is observable that there are three levels of individuals in the society. The top most individuals represented by the old man, the middle represented by the

Monday, November 18, 2019

Managerial Leadership Essay Example | Topics and Well Written Essays - 3750 words

Managerial Leadership - Essay Example In the development of a proper individual authentic journey report, there are several different tools of enquiry that can effectively be used. In writing this paper, an auto ethnographical approach has been utilized. Autoethnography provides the user with a basic platform whereby the writer is the main subject of the general enquiry and as such, the tool will prove to be invaluable in the writing of this paper. Authentic Leadership Report Introduction Background of the Report As the age of materialism gradually grids to a halt, the entire concept behind the authenticity of leadership has in recent times been receiving significant amounts of general attention as more and more people continue in the search for what exactly makes people happy and provides meaning especially to their work lives. People are nowadays seeking to try and establish more meaning in their everyday lives. The general concept of â€Å"meaning† and â€Å"authenticity† can be deemed as appearing to be almost the same. However, it due to the efforts of the major philosophical movement that is commonly referred to as existentialism that has consistently been carefully studying the concept of authenticity over a time-period spanning many centuries that we are now able to better understand what exactly is authenticity in addition to developing an exact connection as regards to its relationship to the general concept of meaning. By taking the time to conduct this authentic leadership report on my own person, I hope to be able to further develop my own capabilities as an authentic leader by carefully establishing all my authentic leadership qualities as well as working hard to ensure that I improve on those qualities that I note to be impeding my growth as an authentic leader in today’s modern society. I believe that as an authentic leader, I will be more able to work towards changing the general society’s common misconception that most leaders and especially those who a re in high positions within government and some of the large private corporations are invariably inauthentic. Report Aims and Objectives The prime aim of going through this journey of writing this authentic journey report was to try and establish what exactly were the main highlights of my life that invariably served to help me in my growth as an authentic leader in addition to playing a key role in defining my authentic leadership footprints. The world is steadily recovering from the recent global economic recession that was seen to affect many countries around the world. Although some of the country’s have successfully managed to rebuild their shattered economies, some countries in Europe such as Spain and Greece as still struggling with the effects of these recession a factor that has caused them to try and

Saturday, November 16, 2019

Tuition Fees In England

Tuition Fees In England English universities are well-known throughout the world for their excellence. Yet, in less than twenty years, Higher Education was reformed. Before 1988, Local Education Authorities was in charge of Higher Education, its funding, its functioning, and of students grants of its area. The adoption of the 1988 Education Act under Margaret Thatchers government marked the beginning of long series of reforms. The last to date made the headline news because of the students manifestations which followed from the bill. Indeed from 1998 to nowadays, the issue deals with the tuition fees a fee paid for instruction its legitimacy and its price. This issue is largely controversial even within the Labour party. Why such shift for prestigious Higher Education system? How the Higher Education was reformed? Why did students manifestations follow from the bill? To figure it out, we are going to focus at first on the creation of a new system in order to then analyse the rising of tuitions fees and the students protest and finally we are going to analyse the new students hardships. The creation of a new system a cost sharing system 1998 : Turning point 1998 marked a turning point in the history of English education the Local Education Authorities no longer covered the student scholar fees (ten years before, in 1988) and the students were then involved in the payment of fees for their study. Indeed, in 1996 the government commissioned a report on the funding of the Higher Education that is to say, how Higher Education should develop to meet the needs of the UK over the next 20 years. The National Committee of Inquiry into Higher Education was chaired by Sir Ronald Dearing Chancellor of the University of Nottingham. The report was published in 1997 and it stated that more than  £2 billion would be needed to adapt the Higher Education to the new demands (increasing numbers of students) and needs. The solution proposed was made up with a hundred recommendations. The most important one was the participation of the student on the payment of their own study. The report praised the introduction of the means-tested tuition fees based on familys income. The 1998 Teaching and Higher Education Act was the governmental response to this report. It was enacted under Tony Blairs government. It introduced the means tested tuition fees as follows: Student whose family income was inferior to  £23,000 per year would not pay tuition fees. Student whose family income was situated between  £23,000 and  £35,000 would pay a percentage fees in function of their means. The tuition fees would be  £1,000 per academic year. By setting this mean testing system, 1/3 of students would not have to pay tuition fees. Yet, the maintenance grants (grants to help students with the living costs) would be replaced by maintenance loans. Students would begin to pay off their loans when they would work and earn at least  £10,000 per year. It met little active opposition from students. But this act created debate within the Labour party itself, some members of the party were strict opponent to the end of the Free Higher Education. Reason of introduction of tuition fees But why did the government need to implement such a system? The major reason was the lack of funding in Higher Education. In less than 20 years the Higher Education shifted from an elite system to a mass system. Indeed, the number of students going to university rose from 6% to around 33% between 1962 and 1996. So, universities have to adapt their infrastructures, equipment, and by consequence they needed money. Moreover, the aim of the government was to make it more accessible for all students from all backgrounds with the introduction of mean testing tuition fees. Creation of top up fees In 2004 another measure would be adopted by the Labour Party. Despite the former act which created the tuition fees up to  £1,000, Tony Blairs government concluded that the funding of Higher Education was not enough. In this sense, the Labour Party proposed another act in 2004, The Higher Education Act. It enabled universities to set their own tuition fees depending on their own needs of funding: it was called top up fees. It could go up to  £3,000 per academic year. These tuition fees could be pay at the end of the degree, it would take the form of a loan student would pay off this loan when he would have a job and earn more than  £15,000 per year. The debt would be written off after 25 years. Another feature was the reintroduction of the maintenance grants in order to help the poorest students (yet students could win private bursaries through the universities competitive). The main objections of the opponents were the expensive fees which created pressure upon students, and they estimated the variable fees as the form of privatisation of Higher Education. Those measures were a first step to higher education reform. The government was going to take further measures in the forthcoming years. Tuition fees rising and students protest The investigation By November 2009, Gordon Browns government launched a new investigation on Higher Education; it would be a review on fees and university funding. It was chaired by Lord Browne of Madingley and composed of some Vice-Chancellor of Universities such as David Eastwood and Julia King. The Independent Review of The Higher Education Funding and Finance was published on October 2010. It established few principles such as more investment for Higher Education, fair access to all, affordable payments, same treatment for part-time students as full-time students, and underlined that no one should have to pay loans until they start to work. In order to respect those principles, the major proposals were the following ones: Universities could charge any fees it seemed necessary, there would be no cap the up-front fees were removed and replaced by tuition fees loans No means testing maintenance loans and additional financial support for poorest families (under  £60,000) which would be paid back only when the graduate would have an income of at least  £21,000 per year. If the graduates work stops whatever the reason the repayment stops. The debts would be written off after 30 years. The government proposal Meanwhile, the government passed from a labour government to a coalition one with the election of David Cameron as Prime Minister and Nick Clegg as Deputy Prime Minister in May 2010. The government proposal to the Browne Report responded on November 2010 and it included several features. The main one was the rejection of the Brownes proposal to remove the tuition fees cap, and government proposed to cap the tuition fees to  £9,000 per year. As for loans, government aligned itself with the Browne recommendations by declaring that students would begin to pay off once they would earn between  £15,000 and  £21,000. The MPs had to vote if they agreed or not on this proposal by December. The new elected Liberal Democrat had been pledged to the National Union of Students to not increase the tuition fees before being elected. Once the report was published, Nick Clegg, leader of Liberal Democrats, claimed that the Browne Report could be fair and sustainable. While the coalition government allowed the Liberal Democrats to abstain the vote on this issue, Nick Clegg wrote to his MPs I am painfully aware of the pledge we all made to voters on tuition fees ahead of the general election. Departing from that pledge will be one of the most difficult decisions of my political career. He was going to break his pledge. This bill sparked off some waves of demonstrations throughout the entire country. Students riots On November, 10th, students began to demonstrate against the government bill, and showed their anger towards the expensive rate of fees. It was organized by the National Union of Students (NUS) and the University and College Union (UCU) prior to the government vote in order to convince MPs to not vote in favour of the bill. Those demonstrations took place in several cities such as Cambridge, Manchester, Liverpool, Leeds etcà ¢Ã¢â€š ¬Ã‚ ¦ but the most important one set up in London. The march in London was composed of more than 50,000 persons, but was overshadowed by violence. Indeed, the demonstration turned into a violent riot when some demonstrators began to attack the headquarters of the Conservative Party breaking some windows and burning some Nick Cleggs and David Camerons effigies on the roof of the building. David Cameron answered to the media that he would not change his mind on this bill and denounced the extreme violence of this riot. Another march was organized on November 2010, 24th by the National Campaign Against Fees and Cuts (NCAFC). Taking into consideration the event of November, 10th the Metropolitan Police deployed more than 1,000 policemen throughout London. This time, this protest turned into a violent clash between policemen and protesters. On December, 9th, date of the governmental vote, another protest happened in Trafalgar Square. More than clashes between policemen and rioters, this time some protestors attacked a Royal car transporting Prince Charles and the Duchess of Cornwall. The couple was not injured by the attack. To understand why this protest turned into a violent riot, one has to understand the impact of such a measure on students lifestyle. New students hardships Students indebted All those changes in less than 20 years largely impacted students lifestyle. The tuitions fees are extremely expensive, and could be a curb on students choice to go or not at university. Students have to choose between being in debt or to abandon the idea of studying. This is an important feature to take into account especially for the poorest students. According to The push universities guide (a British organisation which informs students on higher education), the average student debts could hit  £53,000 for the students starting their course in 2012. For those who started courses in 2011, it was estimated at  £26,100. The largest students indebted are the Londoners. It is easily understandable considering the expensive cost of living in the city. For example, a student who wants to pass a degree will have to pay  £27,000 just to have access to universities (if the university charges  £9,000), then will be in debt of more than  £28,000 (the inflation has to be taken into account). If the graduate begins to work and has an income of  £19,000, it is estimated that the student will pay off during 30 years before the debt would be written off. So, the student would have paid back around 67% of his debt. If the graduate has an income of  £25,000, he will pay off his debt during 18 years. The internal government figures reveal that only one quarter of students will be able to pay off their debt. Therefore, the majority of indebted student will never be able to pay off their loans. If the estimation turns to be accurate, it would underline a huge issue in the created system (millions of pounds would be lost) as well as the inefficiency of the measure taken. Several difficulties Students have to cope with others difficulties such as the need for a job. The number of full-time students with jobs rose by 54% in the last 10 years stated the Trades Union Congress in 2006. Most of students have to take part time jobs in order to survive because their families cannot afford the cost of the student life and because the maintenance loans do not offer enough money. 61 % of the students who have a part time job come from family with poor background. The average hours of a part time job for a student are 14 hours per week. Such an amount of hours have clearly an impact on their studies: they often miss classes, lectures, which lead to poorer attainments than the others students. Furthermore, those students have less leisure time, less social life than the other students. This phenomenon is not very different from France but the majority of students do not have the financial pressure of beginning their life with such an amount of loans. Moreover, by creating such a financial pressure, the students choice about his job would depend on this income (in order to be able to repay his debt and to afford a high standard of living). Some jobs might be abandoned by the graduates because of their salaries, and could create a new societal problem. Another feature is that students could not give up after a year to reorientate towards another course of study an academic year can cost up to  £9,000 to choose a wrong course of study can be very expensive. To sum up, Higher Education underwent some mains shifts by the last decades, and the end is not yet in sight. Tuitions fees are still a burning issue. Indeed the reforms come into force only this year, in September 2012, that is the reason why we cannot analyse yet the real impact on the society and also there are only estimations. But some shortcomings already appear such as the inefficiency of the Student Loan system, which could lead to another social problem: if the majority of students would not be able to pay off their debts, who would reimburse it? Moreover, after the breaking pledge of Nick Clegg on the rising of tuition fees he recognized and apologized publicly in the media only on September 2012 the deputy prime minister went down in the opinion polls. Sources http://www.timeshighereducation.co.uk/story.asp?storycode=409011 http://www.guardian.co.uk/education/2010/nov/10/student-protest-fees-violent http://en.wikipedia.org/wiki/Tuition_fees_in_the_United_Kingdom http://www.independent.co.uk/news/uk/politics/only-a-quarter-of-all-graduates-will-pay-off-loans-2158168.html http://news.bbc.co.uk/2/hi/uk_news/education/5302082.stm http://www.3s4.org.uk/drivers/changing-student-lifestyle http://www.guardian.co.uk/education/2004/jan/27/tuitionfees.students http://www.telegraph.co.uk/education/educationnews/8057871/Grants-loans-and-tuition-fees-a-timeline-of-how-university-funding-has-evolved.html http://www.ifs.org.uk/wps/wp1004.pdf http://www.bbc.co.uk/news/education-11954333 http://www.guardian.co.uk/education/2010/nov/24/student-school-pupils-protests-walkout http://www.bbc.co.uk/news/education-11877034

Wednesday, November 13, 2019

Occupational Stress and Health Essay example -- Business Management St

Occupational Stress and Health Introduction In recent years, occupational stress and health have gained considerable importance to people in all forms life. Keeping in mind, the excessive work load, amount of time spent at work and the recent changes that are affecting the nature of work, it is not surprising that work stress today is increasing (Szymanski, 1999). Stress can be caused due to a number of reasons and in many ways and those things are known as stressors which may vary from person to person. According to the United States National Institute of Occupational Safety and Health (1999), job stress can be defined as the harmful physical and emotional responses that occur when the requirements of the job do not match the capabilities, resources, or needs of the worker. It can also lead to poor health and even injury. http://www.ilo.org/public/english/protection/safework/stress/whatis.htm People should be made more aware about the symptoms of stress and try to precautionary measures before it affect their lives. Stress at work can affect people both mentally and physically. Excessively high levels of stress need to be controlled in order to avoid these health related problems. A number of things can be done by employees and employers to prevent workplace stress. Also, there are a number of stress management techniques that can be used by people to ensure that they lead a stress free life. Job related stressors should be identified and dealt with so that an organisation and its employees can operate efficiently and effectively. Identifying stressors at work The list of potential stressors is limitless. There may be times when these are actually of use to us, creating simply a pressure s... ...herwise, when unplanned things happen, it’ll cause you just as much stress as trying to work without a plan. References & Bibliography International labour organisation – safe work program http://www.ilo.org/public/english/protection/safework/stress/whatis.htm Kendall, E., Murphee, P., O’Neill, V. & Bursnall, S. (2000). A report to the workers’ compensation and rehabilitation commission (Western Australia).Occupational Stress: Factors that contribute to its occurrence and effective management. Centre for Human services (Griffith University). http://www.workcover.wa.gov.au National Institute for Occupational Safety and Health (NIOSH) http://www.cdc.gov/niosh/stresswk.html Szymanski, E. M. (1999). Disability, job stress, the changing nature of careers, and the career resilience portfolio. Rehabilitation Counselling Bulletin. 42, pp 279-284.

Monday, November 11, 2019

Alice Munro the Found Boat Essay

At the end of Bell Street, McKay Street, Mayo Street, there was the Flood. It was the Wawanash River, which every spring overflowed its banks. Some springs, say one in every five, it covered the roads on that side of town and washed over the fields, creating a shallow choppy take. Light reflected off the water made every- thing bright and cold, as it is in a lakeside town, and woke or revived in people certain vague hopes of disaster. Mostly during the late afternoon and early evening, there were people straggling out to took at it, and discuss whether it was still rising, and whether this time it might invade the town. In general, those under fifteen and over sixty-five were most certain that it would. Eva and Carol rode out on their bicycles. They left the road-it was the end of Mayo Street, past any houses- and rode right into a field, over a wire fence entirely flattened by the weight of the winter’s snow. They coasted a little way before the long grass stopped them, then left their bicycles lying down and went to the water. ‘We have to find a log and ride on it,† Eva said. ‘Jesus, we’ll freeze our legs off. ‘Jesus, we’ll freeze our legs off’ said one of the boys who were there too at the water’s edge. He spoke in a sour whine, the way boys imitated girls although it was nothing like the way girls talked. These boys-there were three of them- were all in the same class as Eva and Carol at school and were known to them by name (their names being Frank, Bud and Clayton), but Eva and Carol, who had seen and recognized them from the road, had not spoken to them or looked at them or, even yet, given any sign of knowing they were there. The boys seemed to be trying to make a raft, from lumber they had salvaged from the water. Eva and Carol took off their shoes and socks and waded in. The water was so cold it sent pain up their legs, like blue electric sparks shooting through their veins, but they went on, putting their skirts high, tight behind and bunched so they could hold them in front. ‘Look at the fat-assed ducks in wading. ‘ ‘Fat-assed f****. † Eva and Carol, of course, gave no sign of hearing this. They laid hold of a log and climbed on, taking a couple of boards floating in the water for addles. There were always things floating around in the Flood-branches, fence-rails, logs, road signs, old lumber; sometimes boilers, washtubs, pots and pans, or even a car seat or stuffed chair, as if somewhere the Flood had got into a dump. They paddled away from shore, heading out into the cold take. The water was perfectly clear, they could see the brown grass swimming along the bottom. Suppose it was the sea, thought Eva. She thought of drowned cities and countries. Atlantis. Suppose they were riding in a Viking boat-Viking boats on the Atlantic were more frail and narrow than this log on the Flood-and they had miles of clear sea beneath them, then a spired city, intact as a jewel irretrievable on the ocean floor. This is a Viking boat,† she said. ‘I am the carving on the front. † She stuck her chest out and stretched her neck, trying to make a curve, and she made a face, putting out her tongue. Then she turned and for the first time took notice of the boys. ‘Hey, you sucks! † she yelled at them. ‘You’d be scared to come out here, this water is ten feet deep! â€Å"Liar,’ they answered without interest, and she was. They steered the log around a row of trees, avoiding floating barbed wire, and got into a little bay created by a natural hollow of the land. Where the bay was now, there would be a pond full of frogs later in the spring, and by the middle of summer there would be no water visible at all, just a low tangle of reeds and bushes, green, to show that mud was still wet around their roots. Larger bushes, willows, grew around the steep bank of this pond and were still partly out of the water. Eva and Carol let the log ride in. They saw a place where something was caught. It was a boat, or part of one. An old rowboat with most of one side ripped out, the board that had been the seat just dangling. It was pushed up among the branches, lying on what would have been its side, if it had a side, the prow caught high. Their idea came to them without consultation, at the same time: ‘You guys! Hey, you guys! † ‘We found you a boat! † â€Å"Stop building your stupid raft and come and took at the boat! ‘ What surprised them in the first place was that the boys really did come, scrambling overland, half running, half sliding down the bank, wanting to see. ‘Hey, where? ‘ ‘Where is it, I don’t see no boat. â€Å" What surprised them in the second place was that when the boys did actually see what boat was meant, this old flood-smashed wreck held up in the branches, they did not understand that they had been footed, that a joke had been played on them. They did not show a moment’s disappointment, but seemed as pleased at the discovery as if the boat had been whole and new. They were already barefoot, because they had been wading in the water to get lumber, and they waded in here without a stop, surrounding the boat and appraising it and paying no attention even of an insulting kind to Eva and Carol who bobbed up and down on their log. Eva and Carol had to call to them. ‘How do you think you’re going to get it off.? ‘ â€Å"It won’t float anyway. ‘ ‘What makes you think it will float? ‘ ‘It’ll sink. Glub-blub-blub, you’ll all be drownded. † The boys did not answer, because they were too busy walking around the boat, pulling at it in a testing way to see how it could be got off with the least possible damage. Frank, who was the most literate, talkative and inept of the three, began referring to the boat as she, an affectation which Eva and Carol acknowledged with fish-mouths of contempt. ‘She’s caught two places. You got to be careful not to tear a hole in her bottom. She’s heavier than you’d think. ‘ It was Clayton who climbed up and freed the boat, and Bud, a tall fat boy, who got the weight of it on his back to turn it into the water so that they could half float, half carry it to shore. All this took some time. Eva and Carol abandoned their log and waded out of the water. They walked overland to get their shoes and socks and bicycles. They did not need to come back this way but they came. They stood at the top of the hill, leaning on their bicycles. They did not go on home, but they did not sit down and frankly watch, either. They stood more or less facing each other, but glancing down at the water and at the boys struggling with the boat, as if they had just halted for a moment out of curiosity, and staying longer than they intended, to see what came of this unpromising project. About nine o’clock, or when it was nearly dark-dark to people inside the houses, but not quite dark outside-they all returned to town, going along Mayo Street in a sort of procession. Frank and Bud and Clayton came carrying the boat, upside-down, and Eva and Carol walked behind, wheeling their bicycles. The boys’ heads were almost hidden in the darkness of the overturned boat, with its smell of soaked wood, cold swampy water. The girls could took ahead and see the street lights in their tin reflectors, a necklace of lights climbing Mayo Street, reaching all the way up to the standpipe. They turned onto Burns Street heading for Clayton’s house, the nearest house belonging to any of them. nis was not the way home for Eva or for Carol either, but they followed along. The boys were perhaps too busy carrying the boat to tell them to go away. Some younger children were still out playing, playing hopscotch on the sidewalk though they could hardly see. At this time of year the bare sidewalk was still such a novelty and delight. These children cleared out of the way and watched the boat 90 by with unwilling respect; they shouted questions after it, wanting to know where it came from and what was going to be done with it. No one answered them. Eva and Carol as well as the boys refused to answer or even took at them. The five of them entered Clayton’s yard. ‘Me boys shifted weight, as if they were going to put the boat down. You better take it round to the back where nobody can see it,’ Carol said. That was the first thing any of them had said since they came into town. The boys said nothing but went on, following a mud path between Clayton’s house and a leaning board fence. They let the boat down in the back yard. â€Å"It’s a stolen boat, you know,† said Eva, mainly for the effect. ‘It must’ve belonged to somebody. You stole it. † ‘You was the ones who stole it then,† Bud said, short of breath. ‘It was you seen it first. † -It was you took it. † ‘It was all of us then. If one of us gets in trouble then all of us does. ‘Are you going to tell anybody on them? † said Carol as she and Eva rode home, along the streets which were dark between the lights now and potholed from winter. â€Å"It’s up to you. I won’t if you won’t. † â€Å"I won’t if you won’t† They rode in silence, relinquishing something, but not discontented. The board fence in Clayton’s back yard had every so often a post which sup, ported it, or tried to, and it was on these posts that Eva and Carol spent several evenings sitting, jauntily but not very comfortably. Or else they just leaned against the fence while the boys worked on the boat. During the first couple of evenings neighborhood children attracted by the sound of hammering tried to get into the yard to see what was going on, but Eva and Carol blocked their way. â€Å"Who said you could come in here? † ‘Just us can come in this yard. † These evenings were getting longer, the air milder. Skipping was starting on the sidewalks. Further along the street there was a row of hard maples that had been tapped. Children drank the sap as fast as it could drip into the buckets. The old man and woman who owned the trees, and who hoped to make syrup, came running out of the house making noises as if they were trying to scare away crows. Finally, every spring, the old man would come out on his porch and fire his shot- gun into the air, and then the thieving would stop. None of those working on the boat bothered about stealing sap, though all had done so last year. The lumber to repair the boat was picked up here and there, along back lanes. At this time of year things were lying around-old boards and branches, sodden mitts, spoons Hung out with the dishwater, lids of pudding pots that had been set in the snow to cool, all the debris that can sift through and survive winter. The tools came from Clayton’s cellar-left over, presumably, from the time when his father was alive- and though they had nobody to advise them the boys seemed to figure out more or less the manner in which boats are built, or rebuilt. Frank was the one who showed up with diagrams from books and Popular Mechanics magazines. Clayton looked at these diagrams and listened to Frank read the instructions and then went ahead and decided in his own way what was to be done. Bud was best at sawing. Eva and Carol watched everything from the fence and offered criticism and thought up names. Me names for the boat that they thought of were: Water Lily, Sea Horse, Flood Queen, and Caro-Eve, after them because they had found it. The boys did not say which, if any, of these names they found satisfactory. The boat had to be tarred. Clayton heated up a pot of tar on the kitchen stove and brought it out and painted slowly, his thorough way, sitting astride the overturned boat. The other boys were sawing a board to make a new seat. As Clayton worked, the tar cooled and thickened so that finally he could not move the brush any more. He turned to Eva and held out the pot and said, ‘You ran go in and heat this on the stove. ‘ Eva took the pot and went up the back steps. The kitchen seemed black after outside, but it must be light enough to see in, because there was Clayton’s mother standing at the ironing board, ironing. She did that for a living, took in wash and ironing. ‘Please may I put the tar pot on the stove? † said Eva, who had been brought up to talk politely to parents, even wash-and-iron ladies, and who for some reason especially wanted to make a good impression on Clayton’s mother. You’ll have to poke up the fire then,’ said Clayton’s mother, as if she doubted whether Eva would know how to do that. But Eva could see now, and she picked up the lid with the stove-lifter, and took the poker and poked up a flame. She stirred the tar as it softened. She felt privileged. Then and later. Before she went to sleep a picture of Clayton came to her mind; she saw him sitting astride the boat, tar painting, with such concentration, delicacy, absorption. She thought of him speaking to her, out of his isolation, in such an ordinary peaceful taking-for- granted voice. On the twenty-fourth of May, a school holiday in the middle of the week, the boat was carried out of town, a long way now, off the road over fields and fences that had been repaired, to where the river flowed between its normal banks. Eva and Carol, as well as the boys, took turns carrying it. It was launched in the water from a cow-trampled spot between willow bushes that were fresh out in leaf. The boys went first. They yelled with triumph when the boat did float, when it rode amazingly down the river current. The boat was painted black, and green inside, with yellow seats, and a strip of yellow all the way around the outside. There was no name on it, after all. The boys could not imagine that it needed any name to keep it separate from the other boats in the world. Eva and Carol ran along the bank, carrying bags full of peanut butter-and- jam sandwiches, pickles, bananas, chocolate cake, potato chips, graham crackers stuck together with corn syrup and five bottles of pop to be cooled in the river water. The bottles bumped against their legs. They yelled for a turn. ‘If they don’t let us they’re bastards,† Carol said, and they yelled together, ‘We found it! We found it! The boys did not answer, but after a while they brought the boat in, and Carol and Eva came crashing, panting down the bank. ‘Does it leak? ‘ ‘It don’t leak yet. † ‘We forgot a bailing can,’ waited Carol, but nevertheless she got in, with Eva, and Frank pushed them off, crying, ‘Here’s to a Watery Grave! ‘ And the thing about being in a boat was that it was not solidly bobbing, like a log, but was cupped in the water, so that riding in it was not like being on some- thing in the water, but like being in the water itself. Soon they were ll going out in the boat in mixed-up turns, two boys and a girt, two girls and a boy, a girl and a boy, until things were so confused it was impossible to tell whose turn came next, and nobody cared anyway. They went down the river -those who weren’t riding, running along the bank to keep up. They passed under two bridges, one iron, one cement. Once they saw a big carp just resting, it seemed to smile at them, in the bridge-shaded water. They did not know how far they had gone on the river, but things had changed- the water had got shallower, and the land flatter. Across an open field they saw a building that looked like a house, abandoned. They dragged the boat up on the bank and tied it and set out across the field. ‘That’s the old station,’ Frank said. ‘That’s Pedder Station. ‘ The others had heard this name but he was the one who knew, because his father was the station agent in town. He said that this was a station on a branch line that had been tom up, and that there had been a sawmill here, but a long time ago. Inside the station it was dark, cool. All the windows were broken. Glass lay in shards and in fairly big pieces on the door. They walked around finding the larger pieces of glass and tramping on them, smashing them, it was like cracking ice on puddles. Some partitions were still in place, you could see where the ticket window had been. There was a bench lying on its side. People had been here, it looked as if people came here all the time, though it was so far from anywhere. Beer bottles and pop bottles were lying around, also cigarette packages, gum and candy wrappers, the paper from a loaf of bread. The walls were covered with dim and fresh pencil and chalk writings and carved with knives.

Saturday, November 9, 2019

Catalase Lab Report

Investigating the effect of different environmental factors on the reaction of liver and hydrogen peroxide Table of Contents 1 Design3 1. 1 Variables3 1. 2 Safety and Environment3 2 Data Collection and Analysis3 2. 1 Collected Raw Data3 2. 2 Qualitative data5 2. 3 Processed Data5 2. 4 Graph on test tube 25 2. 5 Graph on test tube 36 2. 6 Errors6 3. Conclusion and Evaluation6 3. 1. Conclusion6 3. 2. Evaluation7 3. 2. 1. Random Errors7 3. 2. 2. Systematic Errors7 3. 3. Improvements7 Design Look to sheet titled: ‘Investigating the action of the enzyme catalase' 1 1. 1 Variables The independent variables are the acids used, the dependant variables the height of the bubbles formed and the control variables the test tubes used. 2 1. 2 Safety and Environment The safety and environmental precautions for this lab are quite strict. Wear safety goggles and a lab coat to avoid getting any acid on your person, and dispose of the acids in a sink with plenty of water. Collect the used liver samples and dispose of accordingly. 2 Data Collection and Analysis 1 2. 1 Collected Raw Data |Test tube |Height of bubbles (cm) | | | | |pH | | |30s | 30s |60s |90s |120s |150s |180s |210s |240s |270s |300s | |1 |0 |0 |0 |0 |0 |0 |0 |0 |0 |0 | |2 |12,9 |13 |14,1 |13,3 |11,7 |10,4 |9,3 |6,7 |5,5 |5 | |3 |14,2 |10,8 |8,4 |6,9 |5,5 |7,5 |3,3 |3 |2,8 |2,7 | |4 |1,9 |1,9 |1,8 |1,4 |1,3 |1,3 |0,4 |0,2 |0,1 |0,1 | |5 |0,2 |0,2 |0,2 |0,1 |0,1 |0,1 |0,1 |0,1 |0,1 |0,1 | |6 |0,5 |0,6 |0,9 |1 |1,4 |1,6 |1,8 |2 |1,3 |1,4 | | 2 2. 4 Graph on test tube 2 3 4 2. 5 Graph on test tube 3 As can be seen from the two above graphs, test tube 3, which had the exact same conditions as test tueb 2 except for the surface area of the liver, had a much more vigourous reaction, due to the increased surface area of the crushed liver. 2. 6 Errors The only piece of equipment that is to be considered in error calculations is the ruler used which had an uncertainty of approx. Â ±0,2 cm. 3. Conclusion and Evaluation 3. 1. Conclusion The experiment was meant to create an artificial catalase reaction between the enzymes in the liver sample and hydrogen peroxide. The sample in test tube 2 reacted with the hydrogen peroxide and produced oxygen bubbles at a somewhat steady pace, while the sample in test tube 3 reacted vigorously at first and then slowed down as most of the enzyme had been used up. 3. 2. Evaluation 3. 2. 1. Random Errors The liver was quite hard to get into perfect ? cm3 cubes, as it tended to get squished when the knife was pressed down, making the sample larger lengthwise, but smaller height-wise. Also when the reaction was very rigorous, the oxygen bubbles sometimes lifted the liver out of the hydrogen peroxide, causing it to stop reacting with the hydrogen peroxide. While not a major issue, sometimes the time at which the results were checked were not exactly at the designated 30 second intervals, due to many things going on at once. 3. 2. 2. Systematic Errors The ruler we were using was quite old and dirty, with some of the finer millimeter markings rubbed off or obscured, leading to readings that were not as accurate as they could have been. The molarity of the chemicals used can also be put into question. 3. 3. Improvements The liver could be frozen or in some other way petrified to make the cutting easier and more precise. The liver should be checked constantly and adjusted back down with a glass rod if necessary. Enough time should be allocated to ensure that the experiment can be done in a calm and orderly fashion to avoid any oversights in the time taking. Clean and clear rulers should be used to measure the bubbles. The molarity of the chemicals should be checked with titration or some other form of double checking the molarity.

Thursday, November 7, 2019

Turman Show Essay essays

Turman Show Essay essays Paradise Lost : The Truman Show Cristof's creation and the Garden of Eden parallel on many accounts and throughout both the simalarities and difference became quite clear . The two worlds had many elements of utopian thought which makes both worlds perfect . Furthermore , that element , utopianism , would make anyone want to leave because through reality Throughout "The Truman Show ," and The Garden of Eden there were many elements that had simlarities between the two worlds of utopia . In the Truman Show and The Garden of Eden we saw that there was no violence , no crime, no hatred , no destruction . An example of how The Truman Show had no elements of crime , hatred or violence was whenever something bad happend , it was all an act that seconds later was cleaned up . For example , when Truman went to see what was beyond there was traffic . Second later in the same place , there was none . In the Garden of Eden , the reason for no violence , destruction and hatred was simply because that there was only Adam and Eve . Adam and Ever were alone , no one to influence them .... so they thought . Another example of similarities was how Seanhaven was the perfect living environment . Seahaven had everything that anyone that doesn't know about the outside world would want such as : places to go to let out frustrations , places to enjoy themselves but more importantly they made believe that it was reality . The Garden of Eden has many of the same environmental facts as Seahaven such as the fact that everything that Adam and Eve needed they received simply because everything was provided . Adam and Eve needed nothing more then to kill or take what they needed from the society which in every way was perfect . The final part that had many similar elements between "The Truman Show ," and The Garden of Eden was the fact that both Seahaven and The Garden of Ede...

Monday, November 4, 2019

Managing Human Resources Coursework Example | Topics and Well Written Essays - 2500 words

Managing Human Resources - Coursework Example man resource management has changed its role from primarily administrative to a more influencing and facilitating position with an aim of adopting a commercial approach to HRM. Human Resources Management is business today is the hardest duty of a manager as coordination of capabilities of humans is central to the business’s achievement of the set goals. However, HR manager is faced with challenges as humans are constantly in conflict with their psychology, assumptions, aspirations and attitudes. HRM involves activities such as development strategies, employee training, coordination of employee benefits, performance management and recruiting and hiring employees (Tichy, Fombrum and Devanna, 1982). Although both human resource management and personal management are concepts involved with management of human labor in an organization, there are notable differences between the two concepts. Personal management is a traditional style while HRM is the new and modern version. Personal management is more inclined to focus on labor relations, employee welfare and personnel administration as opposed to motivation and sustainability and acquisition and development of human resources. During the 1990s when the concept of HRM took root in organizations, the two concepts were interchangeably used to mean the same things. However, social and economic development in the structure of organizations since 1990s have seen the evolution of HRM in order to cope with the needs of the ever changing business environment. Key areas of distinction between HRM and personal management can be examined in relation to leadership and management roles, contract of employment, job design and pay policy and the nature of relations. HRM has been described as a concept that takes two different forms; hard and soft HRM. The soft model is concerned with the humans and their self-direction with a view of emphasizing centrally on self- regulating behavior, trust and commitment. On the other hand, the

Saturday, November 2, 2019

Multiple Regression Essay Example | Topics and Well Written Essays - 1500 words

Multiple Regression - Essay Example We use a State-wide data set that includes a record of property crimes rates (CRIMES) as well as a record on per capita income (PINCOME), school dropout rates (DROPOUT), precipitation amounts (PRECIP), percentage of public aid recipients (PUBAID), population density (DENSITY), public aid for families with kids in terms of dollars received (KIDS), percentage of unemployed workers (UNEMPLOY), percentage of population living in urban areas. The methodology that we use is that of multiple regression analysis to obtain the magnitude and signs of the coefficients and t and F-tests obtain whether the respective coefficients are significant, individually, or jointly. The regression equation we estimate is the following: (1) Results In this section we present the results of the analysis. Table 1 presents the results of the estimation of equation (1). Table 1: Results of simple OLS regression, all variables included Before interpreting the coefficients we look at the individual and joint signi ficances of the estimated coefficients. From the upper right hand panel we find that F(8, 41) = 11.43 and prob>F =0.000. Recall that the null hypothesis of the f-test is that all coefficients are jointly zero. From the computed statistic and the associated p-value we reject the null hypothesis. Thus, at least one of the parameters is non-zero. Now, from the lower panel in table 1 looking at the 3rd column (t-values) and the 4th column (p values) we can identify which coefficients are significantly different from zero. The null hypothesis of the t-test is that the coefficient in question is equal to zero while the alternative hypothesis is that it is non-zero. Recall that the 5% critical value for the two-sided t-test is 1.96. Looking at the elements from column 3 and 4, we find that only the variables DROPOUT, DENSITY and and URBAN are associated with coefficients that are statistically significantly different from zero. We fail to find evidence in the data that suggests that the nu ll hypothesis is false for the rest of the coefficients as well as the intercept. The upper right hand corner also presents the R-squared and the adjusted R-squared values which show that the fit is decent (anything greater than 50% on these scales is considered decent). In table 2 below, we take a look at whether our results may have been affected by the presence of multi-collnearity. The t-tests of significance showed that there were two significant coefficients and this was further confirmed by the f-test. If multicollinearity is present to any worrisome degree, typically, although the f-test rejects the null, we fail to identify any statistically significant coefficients in the t-test. Thus, there is little evidence of multi-collinearity. Additionally, we also look at the VIFs in table 2 below. Observe that the mean VIF is only 2.46 and the VIF for PINCOME is a bit large (although significantly smaller than 10, the standard indicator of severe and worrisome multicollinearity). T able 2: Testing for presence of multi-colinearity, VIFs Now, we rerun the regression incorporating only the significant variables in the specification. The model is specified as follows: The results of this regression are presented in table 3. Table 3: Results of OLS estimation including only the significant variables Observe first from the table above that the signs and the significances of the included variables remain the same. That is