Marine and Lacustrine Soil Types free essay sample

The origins of soil deposits on the earth’s crust can reveal significant findings in the chemical and mechanical characteristics of the soils themselves. It is important to uncover such origins to find how and where such deposits may have formed over tens of thousands of years ago.Marine and Lacustrine deposits are two soil types that are commonly encountered during soil exploration, both of which are primarily traced back to either glacial o r more broadly, alluvial origins (Hunt 2005 ). They are somewhat alike in there fine sedimentary composition and similarly can be prone to presenting engineers with problematic conditions such as h igh secondary consolidation characteristics and subsidence, potential acid sulfate soils and quick clay landslides (Das 2007). The occurrences of marine soils are found in offshore and coastal plain deposits.It is important to note however the time scale of which marine deposition has occurred, such soils have become exposed from residing sea levels, glacial withdrawal (isostasy) and continental/tectonic plate shifts, meaning previous offshore deposits from past glaciation periods, h ave risen and are now exposed to human activity and land use. We will write a custom essay sample on Marine and Lacustrine Soil Types or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The origin of marine soils can be traced back to glacial or alluvial transportation from land runoff through river outlets (Hunt 2005). Marine deposition also occurs due to aeolian transportation through wind relocation of fine grained sediments.One of the most iconic and well documented occurred in Rissa, Norway 1978, where a small excavation caused the disturbance and displacement of up to 5-6 million cubic meters of gently sloping farm and coastal land. The cause was due to the mechanical properties of the marine clay b eing altered after the soil was remolded, or in the case of Rissa, d isturbed by a shallow excavation. The changes in the ground conditions caused the collapse of the soil structure, p roducing an almost complete loss of shear strength , allowing the soil to form a liquid mass.

Free Essays on Walt Disney

As Walt entered his mid-60s, he didn't seem to be slowing down. In fact, he appeared to be speeding up. He decided to create four exhibits for the 1964 World's Fair in New York. Why? So that he could experiment with new ideas particularly Audio-Animatronics while using other people's money. The Mr. Lincoln attraction he developed for the State of Illinois was one of the hits of the fair, and allowed him to take Audio-Animatronics a giant step forward. His other exhibits done for General Electric, Pepsi-Cola, and Ford were also hits at the fair. Meanwhile, he was working on other plans for the future: a ski resort called Mineral King was to be built near the Sequoia National Park. He considered a tourist site that might be called Walt Disney's Boyhood Home in Marceline, and even bought up properties there. Neither Mineral King nor Walt's Boyhood Home actually came into being. But his plans for a new kind of university were more successful. Declared Walt, "A completely new approach to training in the arts is needed. That's the principal thing I hope to leave when I move on to greener pastures. If I can help provide a place to develop the talent of the future, I think I will have accomplished something." He certainly did. Dubbed CalArts, an amalgamation of the Chouinard Art Institute and the Los Angeles Conservatory of Music, it would educate students in all facets of the arts dance, music, drama, visual arts, and film. CalArts opened in 1961 and has been growing ever since. But though Walt was excited about all of these efforts, their scope paled in comparison to the so-called Florida Project a gigantic effort set for an area twice the size of Manhattan Island in the middle of Florida. The Chouinard Art Institute, merged with the Los Angeles Conservatory of Music, became CalArts Walt points to the sheer scale of his vast "Florida Project" Of course the Florida Project would include a theme park lik... Free Essays on Walt Disney Free Essays on Walt Disney As Walt entered his mid-60s, he didn't seem to be slowing down. In fact, he appeared to be speeding up. He decided to create four exhibits for the 1964 World's Fair in New York. Why? So that he could experiment with new ideas particularly Audio-Animatronics while using other people's money. The Mr. Lincoln attraction he developed for the State of Illinois was one of the hits of the fair, and allowed him to take Audio-Animatronics a giant step forward. His other exhibits done for General Electric, Pepsi-Cola, and Ford were also hits at the fair. Meanwhile, he was working on other plans for the future: a ski resort called Mineral King was to be built near the Sequoia National Park. He considered a tourist site that might be called Walt Disney's Boyhood Home in Marceline, and even bought up properties there. Neither Mineral King nor Walt's Boyhood Home actually came into being. But his plans for a new kind of university were more successful. Declared Walt, "A completely new approach to training in the arts is needed. That's the principal thing I hope to leave when I move on to greener pastures. If I can help provide a place to develop the talent of the future, I think I will have accomplished something." He certainly did. Dubbed CalArts, an amalgamation of the Chouinard Art Institute and the Los Angeles Conservatory of Music, it would educate students in all facets of the arts dance, music, drama, visual arts, and film. CalArts opened in 1961 and has been growing ever since. But though Walt was excited about all of these efforts, their scope paled in comparison to the so-called Florida Project a gigantic effort set for an area twice the size of Manhattan Island in the middle of Florida. The Chouinard Art Institute, merged with the Los Angeles Conservatory of Music, became CalArts Walt points to the sheer scale of his vast "Florida Project" Of course the Florida Project would include a theme park lik... Free Essays on Walt Disney -BIOGRAPHY During a 43-year Hollywood career, which spanned the development of the motion picture medium as a modern American art, Walter Elias Disney, a modern Aesop, established himself and his product as a genuine part of Americana. David Low, the late British political cartoonist, called Disney "the most significant figure in graphic arts since Leonardo DaVinci." A pioneer and innovator, and the possessor of one of the most fertile imaginations the world has ever known, Walt Disney, along with members of his staff, received more than 950 honors and citations from every nation in the world, including 48 Academy Awards and 7 Emmys in his lifetime. Walt Disney's personal awards included honorary degrees from Harvard, Yale, the University of Southern California and UCLA; the Presidential Medal of Freedom; France's Legion of Honor and Officer d'Academie decorations; Thailand's Order of the Crown; Brazil's Order of the Southern Cross; Mexico's Order of the Aztec Eagle; and the Showman of the Worl d Award from the National Association of Theatre Owners. The creator of Mickey Mouse and founder of Disneyland and Walt Disney World was born in Chicago, Illinois, on December 5, 1901. His father, Elias Disney, was an Irish-Canadian. His mother, Flora Call Disney, was of German-American descent. Walt was one of five children, four boys and a girl. Raised on a farm near Marceline, Missouri, Walt became interested in drawing at an early age, selling his first sketches to neighbors when he was only seven years old. At McKinley High School in Chicago, Disney divided his attention between drawing and photography, contributing both to the school paper. At night he attended the Academy of Fine Arts. During the fall of 1918, Disney attempted to enlist for military service. Rejected because he was only 16 years of age, Walt joined the Red Cross and was sent overseas, where he spent a year driving an ambulance and chauffeuring Red Cross official...

Carol Ann Duffy

Carol Ann Duffy Carroll An Duffy writes a poem that reveals human behavior and the uneasy aspects of humanity. I write these three poems, Salome, before you and steal. Through these poems, I dig into the content of the revelation and the content of the revelation. All three poems have multiple themes. In Salome, the theme is revenge, which also has strong sexual elements. The main point of text before you become me is a sexual element, but things between mother and daughter are very uneasy. Compare Carol Ann Duffy 's Valentine' s Day and Andrew Marvell with this mission 's niece and compare Carol Ann Duffy' s Lovers with Andrew Marvell 's To Coy Mistress. Valentine's Day written in this poem is the 20th century and speakers use onion as a metaphor for expressing her love. The poetry of giving his niece in the 17th century tells the poet that he is trying to persuade his lover to sleep with him. - The poetry of Andrew Marvel and John Donne is the era of beautiful poetry. In particular , the two poets, Andrew Marvell and John Donne, wrote a poem by Carpediem full of vivid images and metaphysical meditation. Everyone tells the message live for the present. This information can be clearly seen in Marvell and Donne's flea poem To the coy Mistress. Through clever metaphor and tools these poems are not only symbolic but also have physical features. This contemporary Victorian poetry can also be compared with the Shakespearean sonnet and another contemporary Carroll Andhafi poem. Ann Hathaway plays a loving wife and an adventurous woman at Anne Hathaway's poet Anne Hathaway. Duffy 's way of demonstrating this is by her choosing the type of structure used in that poem. She became a rhyming crowd that could be thought of as resembling Shakespeare's Sonnet style, using a modified sonnet. After all, this couple almost imitates the style used in Shakespeare's sonnet. Because they always use rhyming couplets and end up in dramatic rhyming couplets. Anne Hathaway was a wife of Shakespeare, so this sonnet style was being considered in her poem. Finally, using this rhyming phrase highlights the focus of her and his beloved poetry. Carol Ann Duffy Carol Ann Duffy Carol Ann Duffy was born in Glasgow on 23rd. In December 1965, she was widely acclaimed as a leading British lady poet. She studied philosophy at the University of Liverpool. Her mother is Mary Blake in Ireland. Her father is Frank Duffy. She has four younger brothers. She studied at St. Augustine 's Roman Catholic elementary school in Stafford from 1962 to 1967 and then went to Saint Joseph's monastery Stafford School. Her teacher, June Scriven, was inspired by poetry. She decided to be a poet at the age of 14. Compare Carol Ann Duffy 's Valentine' s Day and Andrew Marvell with this mission 's niece and compare Carol Ann Duffy' s Lovers with Andrew Marvell 's To Coy Mistress. Valentine's Day written in this poem is the 20th century and speakers use onion as a metaphor for expressing her love. The poetry of giving his niece in the 17th century tells the poet that he is trying to persuade his lover to sleep with him. Valentine's Day by Carol Ann Duffy is very different from other romance poems. Because I expect to read something more romantic than writing onions. This contemporary Victorian poetry can also be compared with the Shakespearean sonnet and another contemporary Carroll Andhafi poem. Ann Hathaway plays a loving wife and an adventurous woman at Anne Hathaway's poet Anne Hathaway. Duffy's method to demonstrate this is by her choosing the type of structure used in poetry. She became a rhyming crowd that could be thought of as resembling Shakespeare's Sonnet style, using a modified sonnet. After all, this couple almost imitates the style used in Shakespeare's sonnet. Because they always use rhyming couplets and end up with dramatic rhyming tuplets. Anne Hathaway was a wife of Shakespeare, so this sonnet style was being considered in her poem. Finally, using this rhyming phrase highlights the focus of her and his beloved poetry. I decided to write a psychological report on Medusa in Carol Ann Duffy's poem The Wife of the World. I am very int erested in psychology so I decided to give a psychological report. I think that the style of poetry by Carol Ann Duffy is written in such a way that everyone who reads them wants to know what the idea of ​​that character is. Carol Ann Duffy traditionizes characters like Medusa to the bad guy and shows why they are close to the victim to the reader. But she did not really explain why the reader should explain. Therefore, I chose to write a psychological report about Medusa. I chose to modernize the original story to clearly show the symbolic meaning of the poem.

Che guevara Movie Review Example | Topics and Well Written Essays - 250 words

Che guevara - Movie Review Example He only relates to what his eyes seen as clearly depicted by his reactions to their host, the wife to Aberto friend at Necochea. The scene therefore becomes quite clear that this is a duo, embarking on an adventurous trip at the expense of their academics. The movie depicts the two (Ernesto and friend) as trickery and rebellious through the way they defraud people of shelter, transport and food. The unfolding of the film however depicts the two in fun and adventure unlike through whatever the narration actually portrays of the duo; stowaways, bandits and hooligans. The events of the film reveal gradual change of Guevara through the garment of civilization and the ties of cultural norms. The movie clearly depicts the ‘needy’ aspect throughout their adventures and which ultimately served to transform their character. Their encounters and diary depicts their perception of social injustices as well as inequality as people struggle in poverty while others enjoy affluence. It also depicts some change through the live of Guevara who stands to see through hope; future dreams in starting up a hospital to help the poverty stricken community. A revolutionary episode set in through the intention of the two to setting up revolutionary movements to empower poor people against exploitation by those in power. The movie then sets a close at the airport where in acknowledgement of the change that had happened within them over the trip, the duo parts ways (Carte

Central Bank of Japan Essay Example | Topics and Well Written Essays - 1500 words

Central Bank of Japan - Essay Example On the contrary, deflation is marked by an aggregation of supplies, but demand does not. Barring this blemish, the explanations on deflation, its character, causes and effect are worthy of praise, considering its simplicity and subtle reasoning. Considering the background situation, the papers' comparison of the Japanese deflation and the Great Depression of US and the identification of the similarities is commendable. Backing it up with comparative data would have given more credibility to the argument. The sections in the paper present a logical organization of the content to be described. Naturally, the introduction is followed by the description of the intended area of study, the primary tools of correction, their effect in countering deflation, and finally, the conclusion transgress in a clear and coherent way. The construction of the sentences and presentation of facts affects the clarity of thought, spoiling the understanding of the intended message. To cite an example, page three, second paragraph, first sentence states, "The money supply and money velocity did not decrease, however it did not immediately increase to make up for the shocks in the good and services market". Of course, the statement is true, but it could have been presented better. Say, the sentence could have been in this way, "Though the monetary supply and velocity was adequately maintained, it did not react immediately and increase to make up for the shocks in the goods and services market". It would have also made the next sentence more meaningful and continuous. This accentuates the easy understanding of the complex nature of the subject. 4. Do the paragraphs present Ideas clearly with one topic sentence per paragraph and all sentences supporting that topics sentence The paper is presented into paragraphs with clear and concrete ideas and the topical statement clearly complimented by the other sentences in the paragraph. There are quite a few repetitions amongst paragraphs due to ambiguous construction of sentences. 5. Evaluate the stapling, the typing and other physical attributes relative to a serious, professional effort by a bright graduate of a prestigious university. The physical attributes of the paper with respect to shaping and typing are good. However, the formatting could have been better like, say in the third page, the title of the third part along hangs at the bottom and so does the fourth in the fifth page. It could have been moved to the next page. The headings too are missing. Similarly, acronyms without abbreviation could have been avoided (e.g., WWI could have been written as World War II). More importantly, use of a professional way of expression could well do more good. Use of phrases like "the central bank was gambling" and redundant use of "they" might be avoided to prevent the tag of a casual and

How to Deliver a Good Speech Essay Example for Free

How to Deliver a Good Speech Essay Good afternoon ladies and gentlemen, I hope everyone is enjoying this very special day so far. It’s been an emotional day, †¦Ã¢â‚¬ ¦..even the cake is in tiers. I would like to start by thanking the lovely bridesmaid †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. I’m sure you will agree she has carried out her role superbly; I would also like to thank the ushers†¦Ã¢â‚¬ ¦ for at least turning up sober. If we could all raise our glasses to the bridesmaid! I would like you to turn your attention now to the bride Cathy who im sure you will all agree looks one in a million today as opposed to Alan who looks like he was won in a raffle. For those of you who don’t know me, my name is John and I’m Alan’s best mate. What can you say about a man who came from humble beginnings, a man who is now quickly rising to the very top of his profession based solely on intelligence, grit and the willpower to push on where others have fallen. A man who is beginning to distinguish himself at the very highest level amongst his peers, and where none can say a bad word against him? But enough about me, what I`m really here for this afternoon is to talk about Alan. As the best man I decided it was only right that I take this huge responsibility seriously, so I have spent long sleepless nights searching the internet and reading books and now understand my duties to be; To ensure that the groom arrives on time, sober, and looking good Well 2 out of 3 isn’t bad. After all I’m best man, not a plastic surgeon! In one of the books I read there was a list of things I should and should not say in my speachhere goes; Well failing that I have some words of advice on marriage for you here Alan: Someone once said that marriage is a 50/50 partnership, but anyone who believes that clearly knows nothing about women or fractions! To help the course of true love run smoothly never forget those three very important words you must say every day. you’re right dear. I have been asked by Alan and Cathy to thank you all for coming and the gifts that you have so generously donated. I must say I struggled to decide what to get, I wanted to give Alan something he genuinely needed, but it’s such a struggle to figure out how to wrap a bath! Alan and Cathy have also asked me to thank the staff at the Liner hotel for helping them with their special day, I’m sure you will agree that it has been lovely. I have known Alan now for a long time and I will honestly say that he has never looked happier. Alan and I met at work in Hardacres, I know a few of the lads are around today and don’t worry I’ll keep all my embarrassing stories focused on Alan, like the time he fell face first in to the grave or the time he and I’ll never forget the time he bent over the hearse and we all heard this Rip right in front on the mourners.big split right down the middle of his kecksOh wait no forget that last story!! So to wrap this up, I’d just like to say that marriage is not about finding someone you can live with, it’s about finding someone you can’t live without. It has been a great honour to serve as Alan’s best man today and I’m pleased that he has finally admitted who is the better man! Ladies and gentlemen, thanks for not falling asleep and it gives me immense pleasure, to invite you all to be upstanding and raise your glasses in a toast to Alan and Cathy, we wish them well for the future, and may they enjoy a long and happy marriage.

Standardization in the 1920s Essay -- Mass Culture

The 1920s became known as an era memorable for being a time when new products, new ways of marketing and advertising, and standardization gave the country new ways to interact, enjoy themselves, and introduce them to new products. Although very common today, standardization of mass culture like magazines, radio, movies, music, and sports were exciting new innovations to the people of this time. Not only did they distract from the monotony and stresses of work but they created celebrities that people aspired to be like. Similar to businesses standardizing in making and advertising consumers goods, the practice of mass-producing culture standardized and sped up in the 1920s. Radio became a national obsession. What started out as only a few independent stations soon evolved into huge networks and sponsored programming became popular. Movies during this time became accepted by all social classes with the expansion from rowdy nickelodeons to uptown theaters. With audiences nearing 80 million people a week, the corporate giants Metro-Goldwyn-Mayer, Warner Brothers, and Columbia made the ...

Coors key business strategies or “six planks” Essay

1/Link the Coors vision statement to Coors key business strategies or â€Å"six planks†. Are there any gaps? Post1:According to Coors Vision Statement, the vison can be come up with four fundamentals: (1)improving quality, (2)improving service, (3)boosting profitability, and (4)developing employee skills. And then to link with â€Å"six planks†so that to drive these fundamentals in the future. 1/baseline growth: we will profitably grow key brands and key markets – (3)boosting profitability 2/incremental growth: we will selectively invest to grow high potential markets, channels, demographics, and brands – (3)boosting profitability 3/product quality: we will continuously elevate consumer perceived quality by improving taste, freshness, package integrity, and package appearance at point of purchase – (1)improving quality 4/distributor service: we will significantly enhance distributor service as measured by improved freshness, less damage, increased o n-time arrivals, and accurate order fill at a lower cost to Coors – (1)improving service 5/productivity gains: we will continuously lower total company costs per barrel so Coors can balance improved profitability, investments to grow volume, market share, and revenues, and funding for the resources needed to drive long-term productivity and success – (1)improving quality, (2)improving service, (3)boosting profitability, (4)employee skills 6/people: we will continuously improve our business performance through engaging and developing our people – (4)employee skills I agree that analyze from macroscopic perspective, the strategies seem to match the visions here, which i sum up above. Each one corresponds to one or more of the fundamentals. However, I believe the gaps occur within the four fundamentals from the vision statement and the â€Å"six planks†due to their broad description and focus. In particular, the last one people mentioned in the â€Å"six planks†which does not cover the development of employee skills overall. Post 2:If the analysis of Coors Vison Statement as follows: at first, it shows two aspects 1) Tradition and history: has a proud history of visionary leadership, quality products and dedicated people; 2) Human, financial and physical: to bring great tasting beer, great brands and superior service to the distributors, retailers and consumers and to be a valued neighbor in the  communities. Then, it focuses on the 4 fundamentals: a) improving quality, b)improving service, c) boosting profitability, and d) developing employee skills. Corresponding to the â€Å"six planks†, we can find out: Basline Growth – boosting profitability Incremental Growth – boosting profitability Product Quality – improving quality Distributor Service – improving quality and service Productivity Gains – – boosting profitability People – employee skills Personally, from the aspect of financial management, Coors’ general business strategies seem to focus a bit more on financial measures than other aspect of the business such as how to become a valued neighbor in the communities. Post3: 回å ¤ Ã¢â‚¬â€œ I like your description way that combine the Vison Statement and â€Å"six planks†correspondently, making the comparison much clearer. So it inspired me to do it with the same way. Post4ï ¼Å¡ Another way to compare Coors vision statement and the business strategies is that we should understand what is the different between them. The Vision of a company is the way that it views its products, its markets, its customers and itself. The Vision answers the simple question â€Å"Why are we here?†. The Vision is a goal. It is not the same as a strategy; business strategy tells you how a company is going to achieve (or maintain) its Vision. The strategy is a plan, the tactics are how the plan will be executed and the Vision is the end-result. Post5: Additional explanation of the last one in â€Å"six planks†, in order to develope employee skills referred in Coors Vision Statement, we can not only improve our business performance through engaging but also, building up salaries rate regulation, developing training system and Providing opportunities for increased responsibility and career advancement 2/Link the Coors Operations and Technology (O&T) department vision statement to the O&T strategies or â€Å"supply chain guiding principles†. Are there any gaps? We can divide Coors Coors Operations and Technology (O&T) department vision  statement into 4 parts:1/process, 2/quality and innovation,3/information and technology, 4/learning and exercises a tenacious approach, and then compare each of one with the O&T strategies as following. 1/Well-defined and understandable processed is required to design, safely produce, and deliver greater tasting beer at its freshest, with superior packaging beer with superior packaging and competitive cost. (1) Simplify and stabilize the process (2) Balance and optimize the overall process 2/By the quality and innovation we employ in all enables Coors to be more competitive and notable. (3)Relentlessly purse continuous improvement (5) People doing the work are critical to lasting improvement (9) Know your customers’ expectations 3/Using accurate information and appropriate technology improve organization’s performance. (6)Short cycle time + reliability = flexibility (12)What gets measured gets done 4/By learning and exercising a tenacious approach, we can eliminate and reduce cost. (2)Eliminate non-value added time and waste (7)Find and fix the root cause (8)Know your costs (10)Make decisions where work is performed With above analysis, Coors O&T department vision statement is pretty much aligned with the its strategies. However, Inventory is a liability, not an asset – The vision statement doesn’t really capture the importance of this concept. Coors should stress the importance of getting inventory out the door and giving special attention to its inventory that sees the most demand from its customers. + è ¡ ¥Ã¥â€¦â€¦: Depending on the Operations and Technology (O&T) department of Coors’business strategy, the 4th one â€Å"Inventory is a liability, not an asset†doubtfully matches with the vision statement. From the stand of the O&T department, it may state that there exists risk when the inventory transfers into merchandises, so at this time, it is kind of reasonable to say that Inventory is a liability, not an asset. Another explanation of the business strategy from the O&T department listed â€Å"Inventory is a liability,  not an asset†is that the purpose of this department is to eliminate the cost of the production and then to increase the profit. Therefore, it kind of make sense to say the inventory is a liability instead of an asset. 3/Provide possible explanations for the performance gaps identified by Coors benchmarking analysis. From Table1 Benchmarking Analysis, it shows clearly that there are three gaps existing: Manufacturing cost per barrel; S,g & A cost per barrel; Net profit per barrel. With the general analysis, the domestic market share of A/B is more than twice that of Miller and more than four times that of Coors. A/B has the advantage in the beer industry as the price leader and has the power of setting the selling price. And Coors has the least attractive results out of the three major beer companies (Anheuser-Busch, Miller, and Coors). The manufacturing cost per barrel is the highest for Coors at $55.00. Anheuser-Busch on the other hand had the lowest at $48.00. The S, G & A cost per barrel was also the highest for Coors at $29.00 and Miller had the lowest at $27.00, which was only $0.50 better than Anheuser-Busch. Therefore, Coors can only make higher profit by cutting costs so that it can be the envy its two competitors. Besides, it can obtain more profits by building its key premium brands in key markets and strengthening its distributor network, with improved supply chain management. (1)The main reason on the gap in the manufacturing cost is because Coors often could not meet its goal to load beer product directly off the production line into waiting railroad cars. This disrupts the production plan and therefore contributes the increase of labor cost.Given Coors lack of production locations, one glaring reason for the gap in profitability is the distance of delivery required under Coors current supply chain. With only 3 domestic production locations and 21 satellite redistribution centers coors will have significantly longer than the 500 mile minimum production to distribution site A/B has established with 13 domestic production plants. (2) The main reason on the gap in the S,G&A cost is due to the distribution deficiency. Compare to the other two competitors, on average, Coors has had to ship its beer eight to nine times further than its competitors. Also, Coors only has a maximum warehouse capacity in Golden, Colorado of 600,000 cases of beer which is equivalent to one 8-hour production shift. Thus, Coors has had to load per week about 1,500 beer  trucks from 68 truck docks and about 400 railroad cars from 22 rail docks.† This distribution deficiency problem causes the variance of sales costs. To sum up, due to both the highest cost of manufacturing cost per barrel and S,G&A Cost per barrel of Coors among the other two competitors, the application of the balanced scorecard seems to the preferable one for Coors. For BSC tries to minimize information overload by providing a limited number of measures that focus on key business processes by level of management. That will help efficiently contribute S,G&A expe ndsure and eliminate these SG&A gaps. 4/Answer the frequently asked questions (FAQ’s) already raised by employees about the Coors BSC project. Which FAQ’s were critical to Coors successful implementation of its BSC over the last decade? First of all, allocating these fifteen questions into five parts will be more easily to understand. The first part is about some related questions of the balanced scoredcard: 1.Will the balanced scorecard be linked to any incentive plans? Yes, the project strategy was to implement a performance measure process that focused on continuous improvement, rewarded reasonable risk taking and learning to advance performance, and enable employees to understand the opportunity and reward for working productively. 2. What if a measure does not drive the correct behavior after implementation? What process will be used to evolve the scorecard? How will my input be heard? The BSC provides a basis for management to improve the company and align the directives to meet both short and long te rm goals. The employees are encouraged to participate in the dialogue surrounding the measurements and speak to their managers about any suggestions or opportunities they see for the Balanced Scorecard. 8. Will the balance scorecard be used to compare the performance of the three U.S. plants? Since each plant is different, how can we be expected to use the same scorecard? Yes. While each plant may be different, all three plants have the same goals. The balanced scorecard will highlight and evaluate how the company can work together to improve and achieve those goals. 10. There may be some important measures excluded from this scorecard. If so, will they eventually be added to the scorecard? Yes. The scorecard will be adapted to business needs and requirements. It will updated to include the relevant measures as required. 11. Will there be a throughput measure on the  scorecard? I cannot affect the number of barrels coming through my plant. That is determined by sales and scheduling that shifts production between my plants. The scorecard will include only those measurements that will help management evaluate the achievement of Coors’ vision and strategy. The purpose of the scorecard is to simplify information, not overload management with information that are not exactly necessary. 13.How often will the scorecard be updated? Non-monetary measures are reported more frequently than monetary measures. Balanced report cards can be updated as often as daily and as infrequent as annually. It depends on the level of the measurement. 14.Will the scorecard be used as a club? No. The scorecard is used to highlight improvements to the company and to be used to strategize how to continue improvements. The intention is not to use this to punish employees The second part refers to the question about load schedule and distributor. 3. Won’t the measures reduce our ability to be flexible with our distributors and make last minute changes for them? No, the balance scorecard includes non-monetary measures such as machine downtime, percentage of capacity used, and deviations from schedule. Part of the Coors vision and strategy is to allow its employees the freedom to continuously improve these measures, and be rewarded for doing so. 4. Why is the window on the Load Schedule Performance measure so tight? What difference does it make if we get a load out within plus or minus two hours? If we get it out the day it is scheduled, won’t the load arrive at the distributor as planned? The window is measured so tight to reduce production bottlenecks. Also, since Coors’ delivery trucks and rail cars have to travel such a distance, they need to be loaded within two hours of their scheduled time to ensure on time delivery. This will increase profitability, customer satisfaction, and the sense of teamwork among Coors’ employees. The third part can be regarded as the measure change: 5.We already have plant measurements that are working. Why would we want to  change them? The traditional, cost-based performance measures are outdated and are no longer an effective means of measuring performance. For example, direct labor variances were becoming less important due to the highly automated nature of the beer production lines. 7. Why would you base Production Stability, Load Schedule Performance, and Load Item Accuracy on the initial weekly schedule? The schedule changes constantly. Why measure me against a weekly schedule that has changed as a result of something I had no control over? Teamwork is critical to the success of Coors. All employees should be engaged whenever it is possible to ensure that the other goals and objectives of the company can be met. Again, production and demand should be homogeneous. The fourth part is about the production of Coors: 6. The Production Stability Measure does not incent the production lines to run ahead. Doesn’t it make sense to allow us to run ahead on major brands as a cushion for those times when we have problems? So what should we do when we are more than an hour ahead, shut the line down? With the viewpoint that inventory is a liability, we do not want to be running ahead as this increases our inventory on hand that is not moving out the door quickly. We do not want our inventory overflowing our limited warehousing space. By not running over, we can keep our storage costs down and increase profitability. The fifth part is about people who play a part in a measure: 12.How can you hold me responsible for a measure when I am not the only one who can affect it? Coors’ vision statement outlines the sense of teamwork that the company values. Every employee is working together for the same goals. No one person will be held responsible for a measurement. Also, the balanced scorecard is to incent improvement, not punish. 15.Who will put together this scorecard? Ken Rider and employees from supply chain management are responsible for putting together this scorecard. However, input from every employee is valued. In my opinion, the 1,3,4 questions are critical to to Coors successful implementation of its BSC over the last decade. 5/Considering the prior gap and benchmarking analyses, design specific performance measures with benchmarked targets (where feasible) and with reporting frequency to  create an operational and acceptable BSC for Coors. Which performance measures were critical to Coors successful implementation of its BSC over the last decade? Based on the Balanced Scorecard path an organization first must first know and understand: 1/The company’s mission statement 2/The company’s strategic plan/vision 3/ (1)the financial status of the organization (Financial Perspective) (2)How the organization is currently structured and operating (Internal Business Process) (3)The level of expertise of their employees (Learning & Growth) (4)Customer satisfaction level (Customer Perspective) For this case study, I have come up the following performance measures of BSC for Coors: 1) Improve productivity, Long-Term shareholder Value, Grow Revenue (Financial Perspective) 2) Satisfy Customer Needs, Gain Market Share, Improve reputation (Customer Perspective) 3) Manage operations, Product leadership (Internal Business Process) 4) Personnel development, Employee attitudes (Learning & Growth) I think the performance measures under Customer Perspective were critical to Coors successful implementation of its BSC. If customers are not satisfied, they will eventually find other suppliers that will meet their needs. Poor performance from this perspective is thus a leading indicator of future decline, even though the current financial picture may look good. The concept of having a balanced scorecard essentially discusses a management control system as a means of gathering and using information to aid and coordinate planning and control decisions throughout an organization. It is usually designed around the concept of the balanced scorecard, with financial and nonfinancial information in each of the four perspectives of the scorecard. These four perspectives are financial, customer, internal business process, and learning-growth. There are four perspectives and information from the case to create performance measures of a balanced scorecard: Financial perspective 1) Manufacturing cost – decrease cost per barrel $2, from $55 to $53 2) S, G & A cost – decrease cost per barrel $2, from $29 to $27 3) Net profit – increase net profit per barrel $2, from $4 to $6 Customer perspective 1) Customer satisfaction – Coors should strive to meet and exceed customer expectations 2) Repeat purchases – Coors should also focus on retaining customers and respecting their input as repeat customers Internal Business Process perspective 1) Load Schedule – improve load time by 40%, from 60% to 100% 2) Load Item Accuracy – improve item accuracy by 5%, from 95% to 100% 3) Production Stability – improve production at planned time by 50%, from 50% to 100% Learning and Growth perspective 1) Employee training – Coors can improve employee performance by continued training and learning opportunities 2) Decentralization – Coors can improve performance by giving employees more freedom to make decisions, especially when quick thinking is needed in a changing environment 6/Perform an economic value added (EVA) analysis to assess its potential as a BSC financial performance measure for Coors. Should EVA become part of Coors BSC? EVA= Net Operating Income (After taxes)- (Capital Invested* Weighted Average Cost of Capital) EVA= Net Operating Income (before taxes) * (1- Tax Rate)- (Capital Invested * Weighted Average Cost of Capital) Based on the given number: (1)EVA = EBIT (1-tax rate) – (Cost of Capital*WACC) EVA = 105(1-.44) – ((900+45+65+30) x 10%) EVA = 58.8 – (1040 x 10%) EVA = 58.8-104 EVA = (45.2 million) (2)Net operating profit – (Cost of capital*capital investment) (105 – (900*10%) = 105 – 90 = $15 million. But i can not make sure wich one is the right one. EVA= after tax operating income-[weighted average cost of capital*(total assets-current liabilities)] $82,543,440-[10%*($1,412,083,000-$359,146,000)] =$82,543,440-(10%*1,052,937,000) =$82,543,440-$105,293,700 =$22,750,260 EVA should be include as part of the BSC. $58,800,000-[10%*($1,400,000,000-$170,000,000)] =$58,800,000-(10%*$1,230,000,000) =$58,800,000-$123,000,000 =($64,200,000) 7/With all the industry changes, especially the recent mergers and acquisitions (M&As) involving Coors, what were lessons learned for Coors BSC project over the last decade? Strengths Molson-Coors benefits from their large market share in the beer industry in North America. Molson Coors is an innovative company, first by surviving prohibition in the US, when their product was deemed illegal; they began to bottle water to keep the company going. 1/Strong Financial Position 2/Alliances with NFL and NASCAR 3/Successful joint ventures 4/Growth in foreign markets 5/Strong brand image Weaknesses 1/Lower market share in the U.K 2/They rely on only a few popular brand names, which expose the company to vulnerability when sales and economic regions fluctuate. 3/They have dependencies on raw materials. 4/Don’t appeal to class of people with a lower- disposable income. 5/They rely considerably on a small number of suppliers to obtain their packaging. 6/Molson-Coors relies on 70% of its U.S. sales from Coors Light. Threats 1/Top competitors include: Anheuser- Busch & Heineken 2/Any significant increase in raw materials prices will negatively affect their margins. 3/Any significant decrease in the ability to obtain their raw materials will also affect their margins. 4/Perceptions that beer is not as healthy as other alcoholic beverages like wine. 5/Economic recession in the US increases the sales of beer at first, but as the recession continues over a longer period of time, it may cause sales to decrease ST Strategies 1: Use market share and alliances in North America to promote company. NASCAR and NFL are only big in the US, not other markets, so have to be smart in how they promote and market their products, but can use those sports to their advantage! 2: Expanding into other markets along with diversification of their brand, will help reduce the risk of sales in challenging financial times in the US. 3: Use company`s strong financial position, along with strong market share percentage and alliances to create a stronger/ potentially healthier brand image. WT Strategies 1: Coors`s low market share in other markets will suffer as a result of a recession. Expand into foreign markets! 2: Dependency on suppliers, will be influenced even more if there are any changes in raw material prices or during recession periods. The Balanced Scorecard is the preferable one fo Coors to implement. Over the last ten years Coors has not grown, instead they have held at 10% of the market even though they merged with another company during this time. However, the complexity of their distribution channels has required better management which the Balanced Scorecard did assist with. By tracking the production and shipping performance there were improvements. However, based on no growth within the sales/market share perhaps more focus needed to be placed in this area. In order to grow successfully they need to focus not just on costs but generating the sales to grow.

Analyse the Purchasing Power Parity Theory and Discuss Its Applicability

Question: â€Å"Analyse the purchasing power parity theory and discuss its applicability† In this essay I will analyze the theory of Purchasing Power Parity and discuss its applicability. I will begin by explaining the basic concepts of PPP. In order to get a deeper understanding of the theory I will also briefly touch on topics such as the Law of One Price, the Big Mac index and similar subjects related to the Purchasing Power Parity theory. Furthermore the PPP theory will be put in to practice and its applicability will be discussed and evaluated using real life examples. It is necessary to understand the functions of the PPP theory before giving a definition to it. The purchasing power parity theory is a measurement that is being used within the economy to compare the currencies of different countries and to see if their currencies are under or over valuated. It is also commonly used as a measurement to compare the living standard between two countries. The Purchasing Power Parity theory is developed on the basis of the law of one price (LOP). The law states that once converted to a common currency, the same good should sell for the same price in different countries. (Kalinda Mkenda, 2001) To give an example of this lets neglect all the factors such as taxes, tariffs and transportations costs. The law of one price can then be explained with the following formula: e = PSWE/PUK where e equals the nominal exchange rate and P price. If I buy a bike in Sweden for 1000:- this means the same bike should, in theory cost ?100 to buy in UK which gives us a nominal exchange rate of 10. If a bike would sell for any price higher in UK, there would be a clear advantage for consumers to go to Sweden to buy bikes (remember that factors such as travelling costs are neglected in this example). Also, it would be beneficial for traders to go to Sweden and buy bikes and sell them in UK for a profit, also called arbitrage. However, this kind of activity would slowly drive prices higher in Sweden and lower in UK and in the end resulting in market equilibrium based on the theory of supply and demand (Mankiw & Taylor, 2006). This leads us to the Purchasing Power Parity theory which states that price differences between countries in the long run is not sustainable because the market will drive the prices to equilibrium and that â€Å"a currency must have the same purchasing power in all countries† (Mankiw & Taylor, 2006 p. 650). â€Å"Purchasing Power Parities (PPPs) are currency conversion rates that both convert to a common currency and equalise the purchasing power of different currencies. In other words, they eliminate the differences in price levels between countries in the process of conversion. (OECD, 2010) The PPP can be expressed in either absolute or relative terms. The absolute theory on measuring exchange rates is the one mentioned above and is the theory this paper will mainly focus on. The other version, relative, is based on price movements. (Ong, 2003) It states that the inflation rate between two countries must be the same if the exchange rate is going to stay the same. That is, if the inflation in one country X is higher than the country Y, its exchange rate will depreciate against country Y exchange rate based on the following formula: % e = % Inflationx -% Inflationy here e is the change in exchange rate. As stated above, the absolute PPP theory is mainly used as a tool of measuring how a currency is valuated and whether it’s under or over valuated. One very popular way to do this is using the Big Mac index (See appendix A) put together by The Economist. The Big Mac index is an index of how much a Big Mac costs in different countries. With this index we can compare the predicted exchange rate with the actual exchange rate to how a country’s currency is valued. When we compare the PPP we use a basket of goods which is identical in the comparing countries, in this case our basket is a Big Mac. When doing this we can predict an exchange rate based on the Law of one Price and PPP. When comparing the predicted exchange rate with the nominal exchange rate and this illustrates whether a currency is over or under valuated. Looking at the Big Mac index (See appendix B) we can see that Norway’s currency is over valuated by almost 90% against the American dollar. This implies that in the long run the Norwegian Krone is expected to depreciate against the US dollar using the PPP theory. PPP is also being used for comparing different living standards in different countries. If you for example use the GDP per capita you don’t quite get an accurate overview of the standards as factors such as living costs and pricing varies between the countries. By eliminating the price differences in two countries and compare the raw price differences we get a clear overview of a country’s living standard. Looking at the data in table 1 (See appendix C), we can see that the difference of GDP per capita between Sweden and UK is about ~8500 units, however, by comparing the GDP per capita based on PPP per capita we discover a much smaller difference (~1000 units. This suggest that the actual living standard of these two countries are quite similar, something that does not show when comparing GDP per capita which is why using PPP is a better method than using GDP per capita when measuring welfare as it takes into account differences in prices and purchasing power. (International Monetary Fund, 2009) By developing root unit tests that account for both structura l change and maintaining a long-run mean or trends Papell and Prodan (2006) argues that there is additional evidence that PPP is valid in the long run. However data shows that there can be substantial and long periods of time with deviation from PPP exchange rate for either the relative or the absolute versions. (Pakko and Pollard, 2003) We can describe these variations with a few main explanations, starting off with the assumptions we had to make while explaining the law of one price: taxes, tariffs and transportations costs, but also adding a few points such as differentiated goods, pricing to market and non-traded goods. Marrewijk et al , 2006), (Pakko and Pollard, 2003), (Moffat, 2010) One simple reason why the law of one price and PPP fails is that exchange rates are influenced by many other different factors than just pricing. The existence of trade barriers and costs is one. Any variable that will increase the price in another country such as shipping costs or taxes will neglect the arbitrage opportunity and affect the exchange rates related to the PPP theory. Other important factors to consider are that when explaining the law of one price we use a basket of identical goods, in real life however, very few goods are the same and people in different countries consume different goods. Also, some goods cannot be traded across borders; real estate, haircuts and carwashes are examples of these, also called non-tradable goods. While a piece of property can be traded, its location cannot be changed, thus, prices of property can vary widely between different locations and we can expect this to account for deviations from PPP. When calculating the PPP we also require the markets to be perfectly competitive. If a market is not perfectly competitive some firms may have more control than others and may use this as an opportunity for price discrimination and regulate the price for an identical good differently depending on the customer (Economist, 2010b) which will also cause the PPP to deviate from its expected value. As we can see by this, the purchasing power parity is a useful theory to use for measuring a country’s expected currency and living standard in the long run as it consider factors that are left out when using data such as GDP per capita or CPI, this way you get a much better perspective of the actual values. The theory has been excessively tested in empirical studies with mixed results ( Mac Donald, 1993), (Abuaf, N and Jorion, P, 1990), (Papell and Prodan, 2006), (Patel, 1990). Studies show that in the short-term there can be substantial deviations from the expected PPP and exchange rates related to the previously discussed factors, which makes it limited for predicting exchange rates in the near future. However, this argument illustrates that this theory holds true in the long run when calculating currencies and long term equilibrium.

Free Essays on Separatins Of Our Country

Separations of our Country These articles, to me, discuss the problems of slavery and war in the early 1860†s. Slavery and war were major issues in these days that caused many problems. After reading both the Gettysburg Address and the Letter to His Son that dealt with the feelings on our world years ago fro, Abraham Lincoln and Robert E. Lee, I feel that their point of views are both similar and yet much different, in dealing with these two topics. Abraham Lincoln, our American President at the time wrote The Gettysburg Address. The address helped people to realize what was happening to our country. Lincoln’s speech was very powerful, honorable, and sympathetic at the same time. Lincoln says, â€Å"It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus for so nobly advanced† (Adventures in Literature pg. 367). He spoke so simply but was still able to set his feelings on freedom across. Robert E. Lee on the other hand, wrote a Letter to His Son, which discussed his views on how he felt with this separation within are nation. Lee is concerned with freedom in the country as a whole but more in his home state of Virginia. For example at the end of his letter, he says â€Å"if the union is dissolved, and the government disrupted, I shall return to my native state and shine the miseries of my people, and save in defense, will draw my sword on none† (Adventures in Literature pg. 370). In my opinion, Lee’s letter was not as much concerned with the country as a whole. In conclusion The Gettysburg Address and the Letter to His Son are very much alike. In each article, both Lincoln and Lee are against this separation between union and confederation. They both are very concerned with the issue and are fighting for a change. I think that they both wrote what they did to express their feelings and to try and get the people of the country to come together and cha... Free Essays on Separatins Of Our Country Free Essays on Separatins Of Our Country Separations of our Country These articles, to me, discuss the problems of slavery and war in the early 1860†s. Slavery and war were major issues in these days that caused many problems. After reading both the Gettysburg Address and the Letter to His Son that dealt with the feelings on our world years ago fro, Abraham Lincoln and Robert E. Lee, I feel that their point of views are both similar and yet much different, in dealing with these two topics. Abraham Lincoln, our American President at the time wrote The Gettysburg Address. The address helped people to realize what was happening to our country. Lincoln’s speech was very powerful, honorable, and sympathetic at the same time. Lincoln says, â€Å"It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus for so nobly advanced† (Adventures in Literature pg. 367). He spoke so simply but was still able to set his feelings on freedom across. Robert E. Lee on the other hand, wrote a Letter to His Son, which discussed his views on how he felt with this separation within are nation. Lee is concerned with freedom in the country as a whole but more in his home state of Virginia. For example at the end of his letter, he says â€Å"if the union is dissolved, and the government disrupted, I shall return to my native state and shine the miseries of my people, and save in defense, will draw my sword on none† (Adventures in Literature pg. 370). In my opinion, Lee’s letter was not as much concerned with the country as a whole. In conclusion The Gettysburg Address and the Letter to His Son are very much alike. In each article, both Lincoln and Lee are against this separation between union and confederation. They both are very concerned with the issue and are fighting for a change. I think that they both wrote what they did to express their feelings and to try and get the people of the country to come together and cha...

Genetically Modified Foods Research Paper Example | Topics and Well Written Essays - 500 words

Genetically Modified Foods - Research Paper Example However, despite the perceived benefits of reengineering foods, debates have ensued on the safety of genetically modified foods with critics arguing that such food could pose health risks to human beings. This essay expounds on genetically modified foods. Researchers have identified that people’s choice of consuming such foods is influenced by attitudes, pragmatic considerations, and personal circumstances. Although some people desist from GM products with no facts, researchers have identified that the foodstuffs may have some negative effects. The effects touch on environmental hazards, human health risks, and economic consequences. For instance, some of the genetically modified crops have caused damage to other organisms. Genetically modified foods may also cause allergy to some people that may be fatal (Forman, 2010). There have been cases of allergy development in children across Europe and the United States to foods such as peanuts. The process of establishing GM foods and the eventual presentation to the market has been long with substantial use of resources. Researchers and consumer advocates have claimed that this may lead to unbearable seed prices. Genetically modified foods have numerous advantages. For example, genetically modified foods are resistant to cold and plants, such as tobacco, strawberries, and potato have been modified to be resistant to frost by the introduction of the antifreeze gene. The antifreeze genes enable plants withstand the low temperatures, thus allowing crop production to take place throughout the year (Edwards, 2010). Nutritional improvement is another positive aspect of genetically modified foods. The genetic modification of foods is appropriate because food like rice, which is a common diet in most countries could be modified genetically and supply the essential nutrients that will enable individuals feed on a balanced diet. This will also aid in

Sexual Harassment Case Analyzes Essay Example | Topics and Well Written Essays - 750 words

Sexual Harassment Case Analyzes - Essay Example An analysis of the internal and external environmental factors over time to isolate causal factors suggests that the Human Resource Department failed to rightly augment its position to the Equal Employment Opportunity Commission on Winthrop's sexual harassment charges. If the letter from the company Vice President of Human Resources to EEOC had substantially provided the details of the specific termination and charges, including the specifics of the sexual harassment against Jim Hudson, company's policy on sexual harassment, the statement from Mary Harper Jones concerning the events, etc., the present problem would not have arisen. Another significant cause for the recent problem is that the company failed to effectively convince the EEOC on the Company's handling of Winthrop's termination. In another consideration of the problem, it is also clear that the Company's position on the issue could have more emphatically presented before the commission which would also alleviate the curre nt issue. As the company has concluded that some form of 'injury' has been suffered by the claimant, its position on the matter can well be justified. As the company has strong evidence for the sexual harassment complaint by Jim Hudson, its stand on the current sexual harassment charges by Bill Winthrop on Jones firmer before the commission. ... bility insurance covers the financial cost of a sexual harassment claim, it can't repair the damage to employee morale, or compensate for the public embarrassment and ridicule a company may suffer." (Understanding Sexual Harassment) Therefore, the company needed to be more vigilant and careful in handling the sexual harassment proceedings by Winthrop. Step 3: Alternative Solutions The prime alternative solution to the issue is to provide an apt reply to the request for additional information from EEOC to standard valve & gauge. This can be best done by providing the statement from Mary Harper Jones concerning the events, the company's policy on sexual harassment, the company's policy on discipline and discharge, the personnel files of the two parties concerned, and other specifics required in the the request for additional information by EEOC. The company also can make a further investigation on any complaints reports to the management by the Charging Party about being sexually harassed. Another possible alternative solution to the Department is to make more extensive and detailed investigations on the sexual harassment attack on Jones by Winthrop and submit the conclusions of the enquiry to the commission. Step 4: Select the Best Alternative. The best solution to the present problem is that the Human Resource Department of the company adopts an ever-stronger position on the sexual harassment charges by Jones on Winthrop, substantiating the position by affirming the company's policy on sexual harassment, the company's policy on discipline and discharge etc and by providing more convincing evidences of the sexual harassment by Winthrop. As the company is facing a fresh and counter charge of sexual harassment by Winthrop, which has never been reported before, the