Comparison between Japanese and Canadian Central Bank Policies Essay

The current paper is an examination of the national bank arrangements in the nations of Japan and Canada. The paper takes into assessment Bank of Japan and Bank of Canada and investigates the grounds on which similitudes and contrasts, assuming any, can be noted. This investigation is an examination between the focal banks’ arrangements of both the nations. The structure of the paper reviews the financial arrangement of both the nations at that point promotes with singular examination just to bring a significant correlation at the subsequent last area. The paper examines discoveries in the end segment and makes suggestions for future approach making and improvement. 2-Overview This area diagrams the past, present of the two banks in the concerned nations. This is in the endeavor of making a base of the later areas that would manage explicit strategy issues of the two banks. 2.1-Japanese Banking System Today Japanese financial framework discovers its fundamental roots in the aftermaths of World War II is as yet proceeding to develop support for the money related and modern associations of the nation. Since the time World War II, Japanese financial framework has experienced various changes and adjustments in corporate conduct just as in the molding of monetary and administrative approaches. The period that can be supposed to be the brilliant time for the advancement of the Japanese financial framework is respected to be from the mid 1950s to the mid 1970s. This was when Japanese firms were developing quickly and required money related sponsorship and financial evaluation to hold strong on the corporate grounds. In any case, from the 1970s, a few changes were experienced by this financial framework and that strong position was shaken. Of the significant reasons, global worldview change in budgetary exchanges, corporate conduct concerning speculation of assets both inward and outer, (firms began giving protections instead of acquiring from banks) and other such reasons can be supposed to be the foundations for the shaking of such a solid financial framework as was in Japan once particular up to the mid 1970s. Up to the current day, in the Japanese money related framework, bank advances despite everything have the prevailing spot as the outer financing hotspot for the corporate part which is non-monetary †until 1986 the borrowings done from private establishments were recorded to be in excess of 70%. Other such normal administrations as issuance of bonds, customer checking, cost observing for various administrations, etc are likewise seen as by and by in the Japanese financial framework. Thusly, there is significantly more that is should have been inspected in this country’s banking framework that makes it prominent on the universal skyline (Aoki, Patrick, and Sheard, pp. 1-15, 1994). 2.2 †Canadian Banking System The focal financial arrangement of Canada is likewise with its normal issues and challenges and up to right now, these difficulties have been increasing for various components. For instance, no place in history overall population was such a great amount of cognizant about the insidious joblessness and is presently indicating a hyper demeanor which essentially put the legislature and its money related organizations in advance to the analysis. In that capacity, the difficulties are to make such budgetary arrangements as can help defy these difficulties and move over them. Despite the fact that the national bank of Canada went through an extensive stretch of changes, state the downturn time of the 1930s and later, Neufeld (1958) takes note of that â€Å"The protected alterations experienced by the Bank of Canada were not as extraordinary as those of some more seasoned focal banks† (p. 4). There are imperative purposes behind this perception. For example, starting in the market, the bank was supported by the administration prompting a steady position. Notwithstanding, political mediations and the bank’s duties to cook for the requirements or requests of the ideological group government kept on existing. The bank experienced war emergency, budgetary insecurity, and social weights like joblessness, up and down its introduction to the world turning into a grown-up from a juvenile youth. At present the Bank is in a progressively good situation to fill for the needs of the administration and play out its diverse purposes as to money related exercises alongside the difficulties. A portion of the difficulties that the bank looked during its solidness periods were â€Å"serious remote trade outpourings and marvelous capital inflows† (212). The three zones, back in the steadiness stage, i.e., security showcase, stock trades, and outside trade markets, have been carefully settled by the bank to make a positive image of the general financial circumstance of the nation. Directly, the Bank holds an essential situation in the dynamic procedure of these three regions. Today, as a fruitful bank, the master supposition about this bank is that it has managed in the hour of trouble more with method which was adaptable than conservatism (213). The financial arrangement of Canada is in a steady procedure of up degree for better yield; one such example is the utilization of geographic data frameworks (GIS) innovation â€Å"for a wide scope of applications† (Macdonald, 2001, p. 419). Subsequently, it is critical to have a profound assessment of the approaches and practices of this bank so that the insider’s view can help other people structure such a framework in some other nation. 3-Policies of the Bank of Japan There are various approach gives that should be returned to however for the restricted space of the paper, just a couple of major are examined. As a matter of first importance, strategies of the Bank of Japan (BOJ) have been key to critics’ consideration because of various reasons however the most significant is that it is one of the three G-3 national banks that have been evaluated in the previous decades. The unique highlights of BOJ are various. The most clear, be that as it may, is its position on collapse. In spite of the fact that BOJ had to take â€Å"a exceptionally utilized position† in nearby money related condition, it has faced no challenge to battle the test. In addition, it may have been workable for the bank to surrender to various difficulties that were made by emptying, in any case, the bank kept on making due with various strategies and measures (Cargill, 2005, p. 311). BOJ’s way to deal with fiscal approach is down to earth. The general focal point of this money related arrangement is to keep up strength in cost and energize financial turn of events. To meet these closures, the Bank screens such territories as trade rates, the totals of cash, the lists of customer and discount rates, development of the GDP, creation occurring in the business, on-going financing cost in the market, costs of benefits, and various different components. It is additionally remarkable that in the elements of the Bank, universal arrangement affiliation and coordination can likewise assume a job in the Bank’s local strategy making. It is imperative to take note of that all through its reality the BOJ has never come to remain as no-nonsense monetarist. Rather than this, the Bank has been rewarding the approach creation of cash increasingly like a type of craftsmanship. There are various strategies by which the Bank lets its arrangements become open. The usage of approaches additionally takes various structures, for example, â€Å"discount window† guides other money related foundations through credits and so forth. (Mill operator, 1996, pp. 1-47). By the late 1980s, BOJ held its situation as positive according to the pundits because of various arrangement making issues since WWII. Up to then the bank had experienced various surprisingly temperamental occasions adapting up to such difficulties as industrialization and foundation of it. At that point significant attributes of BOJ were its promise to value security and positive results that came out of its approaches. The most significant point is that since its foundation, its legitimate position didn't experience a change. At that point it was the main bank evaluated as the most needy of all the national banks on the planet. Subsequently the outstanding component is its keeping value soundness as opposed to being a needy bank. It likewise negated the broadly acclaimed see that the more autonomous a national bank, the more value steadiness would be expanded (Cargill, 2005, p. 311).  May 1989 is the period called the depressed spot strategy time of BOJ which proceeded during that time 2004. Here the bank expanded the pace of rebate in various advances that included generally low pace of 2.5 percent to 6.0 in the primary phase of 1991. It was harshly a response against the advantage expansion of the 1980s. In any case, the sharp downturn and lessening resource rate supported the bank to move for simplicity of strategy in 1991 and the call and rebate rates boiled down to 0.05 percent by the mid 1995. Until it acquired the first â€Å"0 pace of interest† strategy in 1999, the bank continued bringing down call rate markdown. It was attracted to a nearby in 2000. It returned to zero rate strategy again in 2000 and proceeded onward to a measurable moseying down of strategy in 2001 on the grounds that declining economy cautioned the specialists; in addition, it expected to receive an alternate system of activity for momentary rates on intrigue which must be on a very basic level zero (Cargill, 2005, p. 311). Albeit universally, it is the notoriety of the Bank of Japan that it has been moving too continuously as far as the development of money related approach, financial strategies, and settling the issues present to it, there are significant regions where this analysis gets void. For instance, Japan is regularly contrasted and the USA without considering the way that previous confronted a large number of a greater number of issues than the last mentioned. Furthermore, there are such occasions as Japan’s more tight monetary approach in 1996 that has a lot to dispose of this analysis (Browne, 2001, p. 3). 4-Policies of the Bank of Canada The Bank of Canada (BOC) is regularly scrutinized for impacting the degree of value, employments, and the advancement of its country’s economy. In any case,

Risk Assessment for Auto Fishing Group - MyAssignmenthelp.com

Question: Talk about theRisk Assessment for Auto Fishing Group. Answer: Presentation The Information security danger or hazard evaluation is a constant just as an on-going system of finding, forestalling and amending data security challenges. The hazard assessment or appraisal is a constituent part, or strategy for the hazard the executives technique intended to outfit the suitable planes of security for the data strategies. The Information danger assessment is a piece of viable security rehearses and is required by pretty much every association to construct the associations data wellbeing strategies. Data Security Management Hazard Assessment Subjective and Quantitative Risk Assessment Assessing the relative peril for each shortcoming is capable by methods for a technique named as hazard evaluation. As showed by regular and however a genuine perspective, the information security organization of Auto-Angling Group must start with a quantitative risk assessment. Such an examination works fine on a fundamental level, yet it barely works for all intents and purposes (Bernard, 2015). The standard requirements, lack of protection organization, and emotional danger assessment can unite to give a viable choice. Quantitative examination plays out the asset valuation with genuine qualities or checks which may be difficult to dole out specific characteristics so the Auto-angling Group could use emotional evaluations as opposed to using scales and specific appraisals. The emotional risk assessment influenced assessment is that it sorts out the perils and recognizes the zones for brief change in keeping an eye on the vulnerabilities (Management of Information, 2017). The downside of the emotional or subjective examination is that the subjective evaluation doesn't give specific quantifiable estimations of the size of the security impacts, in this manner, bringing in a cash sparing preferred position assessment of any recommended controls troublesome. Then again, the quantitative impact assessment is that it gives an estimation of the impacts' degree, which can be used as a piece of the cash sparing preferred position examination of proposed controls inside the Auto-angling Group. The bother is th at, dependent upon the numerical degrees used to communicate the estimation, the significance of the quantitative impact assessment may be foggy, requiring the result to be deciphered in an abstract manner (Bucur-Marcu, 2013). Hazard Controlling Techniques for hazard control which Auto-angling Group must apply Auto-angling Group must decide controls and secures to lessen the peril displayed by each threat or shortcoming match with an immediate or high danger level as recognized in the Risk Determination Form (Wangen, 2017). While perceiving a control and a defend, the Auto-angling Group must consider: Data Security area of the Auto-angling Group, for example, the board, specialized and operational offices must be guaranteed with the data security strategies and the arrangement and basic parameters essential for the use of insurances in the association's condition (Risk Management: Controlling Risk, 2017). Regardless of whether the costs or the expense of the safeguard is comparable with its diminishment in risk. Auto-angling Group must pick one of the five essential strategies to control the risks Barrier: Applying shields that crash or reduce the remaining uncontrolled danger. Transference: Shifting perils to various extents and furthermore to outside substances. Alleviation: Reduce the abuse of information assets which cause powerlessness or shortcoming. Acknowledgment: Understanding the results of leaving a peril uncontrolled and a while later genuinely perceiving the risk and its outstanding parts without an undertaking at control. End: Removing just as proceeding with the data obligation from the Auto-angling Groups working condition (Risk Management: Controlling Risk, 2017). Hazard Appetite Before Auto-angling Group can or should proceed, they have to appreciate whether the current degree of protections or controls perceived close to the completion of the peril examination plan to achieve a degree of danger organization that it can recognize. The proportion of the danger that the rest of the parts after each current control are completed is extra or lingering hazard (Tregear, 2012). The Auto-angling Group may very well accomplish that point in the risk organization handle process that they review the documented extra peril, fundamentally state, Indeed, our firm can without a doubt live with that, just as after that record everything for the future threat organization study cycle. The KPMG approach to manage portraying danger hunger incorporates the comprehension of the Auto-fishings key goals, describing peril profiles for every genuine current various leveled activity and furthermore for the future essential game plan, portraying a danger edge for each profile, in conc lusion, announcing the conventional risk craving announcement (Risk Management: Controlling Risk, 2017). Rules and Techniques for Risk Control The senior organization, and the mission owners of Auto-Angling Group, knowing the potential dangers and recommended controls, may pose a few inquiries from itself, for example, when just as under what conditions would it be prudent for them to make a move? When would it be advisable for them to can realize these controls to direct the dangers in the data security and guarantee the information of the Auto-Angling Group? This strategy is moreover clarified in the going with reliable rules, which give bearings on exercises to direct dangers from deliberate threats: At the point, when a hazard or weakness exists in an essential data asset of the Auto-angling Group, the affiliation must complete the security controls or shields to reduce the likelihood of the hazard or defenselessness being abused (Saleh, Refai and Mashhour, 2011). At the point, when the aggressor's potential pickup is more conspicuous than the costs of the ambush Auto-angling Group, at that point they should apply confirmations to manufacture the aggressors cost and reduce the attacker's pickup by using the specific and managerial controls. At the point, when the potential disaster is huge, the Auto-angling Group must apply plan norms, auxiliary blueprint, and concentrated and non-specialized protections to bind the level of data ambush, along these lines the association can clearly decrease the potential for the data misfortune (Risk Management: Controlling Risk, 2017). Documentation The System Documentation Phase gives a portrayal of the structure and the data it handles, as preparing assets used to fulfill the Auto-angling Group business missions. This stage develops a structure for coming about the hazard assessment stages. The structure owner gives the system recognizing verification, including the system portrayal, business limit and assets (Management of Information, 2017). The ISO 27000 course of action fuses a standard for the execution of legitimate Risk Management. The 27005 records or report joins distinctive hazard the board strategies: Hazard Assessment Hazard Acceptance Hazard Treatment End This investigation reasons that the productive hazard the board plan or program absolutely relies upon the more elevated level organization's devotion, the total support and the help of the association's IT gathering. The capacity of the hazard assessment gathering, which clearly have the aptitude to apply the danger examination strategy to a specific site and structure and give monetarily adroit shields that address the issues of the Auto-Angling Group. It has been contemplated that the interest and attention to people from the customer gathering, must follow techniques just as go along the completed controls to shield the data of Auto-Angling Group; and a persistent appraisal and assessment of their IT-related strategic. References Bernard, R. (2015). Data Lifecycle Security Risk Assessment: A device for shutting security gaps.Computers Security, 26(1), pp.26-30. Bucur-Marcu, H. (2013). The Institutionalization of Security Risk Assessment.Connections: The Quarterly Journal, pp.118-124. The executives of Information. (2017). . Hazard Management: Controlling Risk. (2017). . Saleh, Z., Refai, H. also, Mashhour, A. (2011). Proposed Framework for Security Risk Assessment.Journal of Information Security, 02(02), pp.85-90. Shamala, P., Ahmad, R. also, Yusoff, M. (2013). A calculated system of data structure for data security chance appraisal (ISRA).Journal of Information Security and Applications, 18(1), pp.45-52. Tregear, J. (2012). Hazard Assessment.Information Security Technical Report, 6(3), pp.19-27. Wangen, G. (2017). Data Security Risk Assessment: A Method Comparison.Computer, 50(4), pp.52-61.

First-Year Retreats at SIPA COLUMBIA UNIVERSITY - SIPA Admissions Blog

First-Year Retreats at SIPA COLUMBIA UNIVERSITY - SIPA Admissions Blog The following post is credited to second-year student Sawako Sonoyama. ________________________ First-Year Retreats at SIPA Not sure what your concentration should be? It may be confusing to know which concentration is right for you during the application stage. However, there will be plenty of opportunities for you to learn about all of the different concentrations at the beginning of your first semester before you have to decide. One perfect way to explore if a concentration is right for you is to go on a Retreat. Every year during the first month of the Fall semester, almost all of the Concentrations, Specializations, and Specific Degree Programs will offer a Retreat for first-year students. There are so many retreats to choose from! In one weekend, a SIPA first-year must decide between the International Finance and Economic Policy (IFEP) retreat , the United Nations Study Program (UNSP) retreat, or the Energy and Environment Retreat. These retreats have many objectives: to convince those who are uncertain about their path, to make new friends amongst those who are interested, to introduce the faculty and advisors involved, and to create your family at SIPA. It is true that your concentration becomes somewhat of your family during your 2-year life at SIPA and I was able to find this family through my concentration retreat.   As an Economic and Political Development (EPD) student, going to the EPD retreat last year was one of the best decisions I made. Looking back, I made the majority of my SIPA friends this weekend at the EPD retreat. We still laugh about the inside jokes and the corky activities we shared from that weekend. (Can’t tell you what we did exactly, don’t want to ruin the surprise!) EPD Retreat 2009 Recently I had the pleasure of going on the EPD retreat again as a second year. I was chosen to help organize the retreat by creating community building activities, facilitating discussions, and answering a lot of “first-year” questions.  I was pleasantly surprised that I actually could give some advice, considering just a year ago I was lost and clueless about what courses, concentrations, etc.  It is quite incredible how much we learned in one short year and also scary that we will be graduating next spring. Overall, it was nostalgic and wonderful to return back to where we started as EPD students just a year ago. I am happy to have made a lot of first-year friends while reconnecting with my 2nd year EPD friends. From what we could observe, the first-years seem to have had a great time and successfully created their family as well. I hope that they loved the EPD retreat as much as I did,  and encourage all future SIPA students to go on at least one retreat when they arrive to SIPA. EPD Retreat 2010â€"2nd years

Essay Information Management - 1148 Words

Information Management Johannessen and Olsen (2010) noted â€Å"with this economic landscape, knowledge itself became a factor of production—specifically, knowledge related to identifying and exploiting new ways to establish temporary competitive advantage† (p. 502). Their observation reflects that under today’s business environment, the ability to optimize information is a significant factor that enables such companies to succeed their businesses. However, the use of information is more important than just limited in business practices, also for everyone living and other professional arenas (Badke, 2009; Turusheva, 2009). Educational institutions in which are responsible for teaching students to ingrain knowledge that uses for achieving†¦show more content†¦The customer centric strategy also affected such companies to shift themselves from close to open in the form of connect and develop with the external stakeholders for creating values to their products and services (Chesb rough, 2003, as cited in Johannessen Olsen, 2010). The connect and develop model change such companies in these areas of doing business, such as individualized immediate feedback, a new organizational logic, and new cooperation structure that influence by information (Johannessen Olsen, 2010). The three areas affected by the use of external information stated previously affect such a company to make change responding to the new strategy (Johannessen Olsen, 2010). For instance, to perform individualized immediate feedback, a company needs employees who have abilities to analyze and evaluate feedback information. Employees as a frontline in the business operation whose roles are receiving, delivering, and responding feedbacks to both internal and external stakeholders, such as managers, management teams, customers, suppliers, and so on. The management teams would use feedback information from the frontline to make changes as organizational logic appropriately to the business model (Johannessen Olsen, 2010). The Role of Educational Institutions in Responding to Changes Russell (2009) noted today’s students â€Å"struggle with critically andShow MoreRelatedManagement Information Systems in Restaurants1216 Words   |  5 PagesIntroduction Restaurants are built of complex systems for buying, storing, preparing and selling food. The well-being of a restaurant depends on its management information systems, which coordinate everything from scheduling personnel to customer service. Restaurant management systems can help to create an ambiance. Restaurant management information systems should make a restaurant more profitable as well as a better place for customers to eat. The manager must be able to determine prices andRead MoreThe American Health Information Management Association1383 Words   |  6 PagesThe American Health Information Management Association (AHIMA) is a recognized, respected association of health information management (HIM) professionals worldwide. Founded in 1928, AHIMA has become a respected authority for professional education and training in the effective management of health data and medical records needed to deliver quality healthcare to the public. Throughout AHIMA’s history back to 1928, the American College of Surgeons established the Association of Record LibrariansRead MoreManagement Information Systems5690 Words   |  23 PagesManagement Information Systems MANAGING THE DIGITAL FIRM Chapter 1 Managing the Digital Firm Kenneth C. Laudon Jane P. Laudon 9th edition PEARSON Prentice Hall 2006 www.prenhall.com/laudon Chapter 1 Managing the Digital Firm Objectives: After reading this chapter, you will be able to: 1. Explain why information systems are so important today for business and management. 2. Evaluate the role of informationRead MoreSecurity Information And Event Management1496 Words   |  6 Pagesheavily on the management of information across their organization – from customer records to critical corporate financial data. Without high-tech measures to protect all enterprise data from security threats, the businesses’ processes, regulatory compliance efforts, and even financial security can be at risk. The security information and event management (SIEM) market is defined by the customer s need to analyze security event data in real time for internal and external threat management, and to collectRead More Management Information System Essay805 Words   |  4 Pagesdevelopment, management, and use of information technology tools to help people perform all tasks related to information processing and management. In the above definition you can find the three key resources-information, information technology, and people. You will also find various functions that you as a knowledge worker must undertake to ensure that your origination maximizes its advantages. It doesnt matter if you are preparing to work in the area of finance, human resource management, logisticsRead MoreThe Importance Of A Management Information System1276 Words   |  6 Pages A management information system is a computerized method of improving the efficiency of the daily activities of businesses as well as improving the decision-making process. A management information system can show the status of a business’ conditions and whether or not these conditions are improving or not. The decision-making process can only be effective if the information is updated regularly by those with authority to access this information. There are very few management information systemsRead MoreManagement Information Systems2648 Words   |  11 Pagesreduce their operating costs and become more efficient. In doing an analysis of the General Motors using Porter s Competitive Model these influences become clear and opportunities for the company to reduce costs and increase efficiency using information systems becomes obvious. Porter s Competitive Model is a model used to describe the interaction of external influences; specifically threats and opportunities that affect an organizations strategy and ability to compete [Laudon Laudon, 2005Read MoreManagement Information Systems1953 Words   |  8 PagesConcept Note on Management Information System / INFORMATION SHARING SYSTEM I. Background Information systems are both technical and social in nature. Managers must understand the relationship between the technical components of an information system and the structure, functions and work culture of. Builders of information systems should consider management objectives and decision-making as well as the impact these systems will have on the well being of the people and society. In this chapterRead MoreManagement Information Systems ( Mis )1172 Words   |  5 Pagesuniversities with average GRE scores Management Information Systems (MIS) has become a rapidly sought-after specialization in the past few decades. But the roots, of this specialization, are definitely not that new. Let s say, even Chitragupta, the god of scribes, was practicing MIS while keeping track of the deeds of humans, you know, for purposes of creating a database for good and bad karma. So, as you might have guessed already, MIS has to do with managing information. Without good practices of record-keepingRead MoreManagement Information Systems and Health Care Information Systems708 Words   |  3 PagesManagement Information Systems and Health Care Information Systems Many of people do not know what Management Information Systems and Health Care Information Systems do or the well paying jobs that that are in that field range. Other people know a very slim amount about them but do not understand why someone would want to major in these fields. This research will help you become more familiar with what they are, what they do, and the career choices they bring along, and how this field is very

Greed Caused the American Civil War Essay - 2303 Words

Of the seven deadly sins, the one that has plagued the United States the most throughout its history is greed.. Greed -- i.e., the excessive desire to possess wealth or goods with the intention of keeping it for oneself. – can be seen in 1614, when Thomas Hunt sailed to Spain from his expedition in America with a ship packed with Patuxet Indians, bound to be sold into slavery. It can also be seen in 1773 as a major factor of the Boston Tea Party, where King George III was yearning for more control over colonial governments and hungry for the revenue from it. Greed can also be seen in 1830 during the Indian removal act, where President Andrew Jackson (backed by many other white Americans) signed a law that forced the five†¦show more content†¦President Jefferson Davis elaborated on this definition of states rights in his first address to the Confederate Congress when he said: â€Å"We protest solemnly in the face of mankind, that we desire peace at any sacrifice, save that of honor. In independence we seek no conquest, no aggrandizement, no concession of any kind from the states with which we have lately been confederated. All we ask is to be let alone – that those who never held power over us shall not now attempt our subjugation by arms. This we will, we must resist to the direst extremity. The moment that this pretension is abandoned, the sword will drop from our grasp, and we shall be ready to enter into treaties of amnesty and commerce that cannot but be mutually beneficial. So long as this pretension is maintained, with a firm reliance on that Divine Power which covers with its protection the just cause, we must continue to struggle for our inherent right to freedom, independence, and self government.† In this quote, Jefferson Davis outlines why the South believed that states’ rights served as the primary justification for the Civil War. He essentially says that southern states will gain independence by any means necessary, whether it be through peaceful means or bloodshed. These are fighting words, and in a literal sense, the Southern states’ swords are drawn and once they secede and gain states’ rights their â€Å"sword[s] will drop from [their] grasp[s]† (Jefferson Davis, First Confederate CongressShow MoreRelatedThe Decline Of The American Civil War938 Words   |  4 Pageshistory. The eastern half of America was in a great war that sparked the beginning of a rebellious overtaking of the entire country. The American Civil War was a major past time that has always underlined the late 1800’s with much death and ultimately the defeat of the South by the North. During this time, the western part of America was still inhabited by many native Indi an tribes that had lived in peace for many of years. After the civil war, expansion westward became the principal goal in theRead MoreTaking a Look at the American Civil War896 Words   |  4 PagesMany events during the mid-1700-1800s provoked the civil war because of the contradicting ideas between the northern states and the southern states. The conflict between the north and south that led to the civil war includes economic, social, and political events. At the meantime, slavery arose as a huge debate between the pro-slavery and anti-slavery faction. Fierce debates had sparked between the north and south states because of the southern states’ agrarian based economy. The geography in theRead MoreThe American Civil War : The Bloodiest And Most Gruesome War4070 Words   |  17 PagesIntroduction By all estimation, the American Civil War was considered to be the bloodiest and most gruesome war in American history. There are more US casualties involved in the American Civil War than US casualties in World War I II, Korean, and Vietnam War combined. Historians have discussed possible causes that led to the greatest separation among the American people. It is important to recognize the true causes behind this separation so that history does not repeat itself. It is importantRead MoreProtests That Were Heard Around The World Protests867 Words   |  4 PagesStates was vastly completed, an intensifying sense of greed began to take over the minds of governing officials, as it did in other modernizing countries. Wars began to dismiss civil and humanitarian explanations, and instead were focused on factors such as territorial expansion and possible resource prosperity. These factors were often held close to officials while the general population relied on misconceptions that we re created by media. The war that took place in Vietnam was certainly no exceptionRead MoreHis Chains Are Gone : Jim s Been Set Free?950 Words   |  4 PagesSet Free? The latter part of the nineteenth century saw civil war and the end of slavery in the United States. The post-Reconstruction years have been romanticized and popularized in the literary world and a nostalgic obsession followed those years of mayhem and political turmoil. The Adventures of Huckleberry Finn by Mark Twain is one novel that has continued to make its literary mark, always controversial, to the curiosity of pre-civil war years of slavery in the South. Huckleberry Finn is anRead MoreBlack No More By George Schuyler797 Words   |  4 Pages Shortly after the civil war the fourteenth amendment was passed which granted citizenship to all individuals born or naturalized in America; this group included slaves both former and current. However, individuals of African American appearance would be treated like aliens in their own country for years to come. In the eighteen eighties Jim Crow Laws were passed that segregated Black individuals and often subjected them to humiliating conditions. These conditions exasperate and trouble all of theRead MoreIndustrialization after the Civil War1164 Words   |  5 PagesIndustrialization after the Civil War Industrialization during the 1860’s through the 1900’s caused many problems globally. Industrialization changed a lot in the US for Americans because it made it easier for citizens to do labor work, expanded capital for businesses and opened up many job opportunities for people. Although this was beneficial to the Americans it caused other problems to escalate, and caused many people to flee into the cities, as well as caused a differentiation between the richRead MoreA Working Polish Man Named Jurgis Rudkus1199 Words   |  5 Pagessocietal influences. -Thesis: Upton SInclair applied aspects of the Civil War in his novel with his views on the treatment of humanity through the use of symbolism, and the presentation of the conflict and resolution. Body Paragraphs Paragraph 1: 1P: The symbolism presented in the novel brings upon the relation of the oppression experienced by the immigrant workers and African American slaves laboring on farms during the Civil War era. E: â€Å"In these chutes the stream of animals was continuously, pressingRead MoreThe American Revolution And The Civil War1567 Words   |  7 Pages In the eyes of most, the American Revolution was a momentous event that shaped not only what would now be the America we know today but the whole world as well. However, this event had ramifications that affected the history of America for many years to come. In fact, many of those same ramifications led to what we know as the American Civil War. While it may be difficult to distinguish whether or not the Civil War was an inevitable consequence of the American Revolution due to lack of correlatingRead MoreThe Gilded Age : A Powerhouse Rose From The Ashes Of The Civil War871 Words   |  4 PagesProgressives in the Gilded Age The Gilded Age: A powerhouse rose from the ashes of the Civil War. From the Civil War until about 1896, the Gilded Age was born. The United States was going through an era of governmental, fiscal and societal restructuring. Gilded Age got its name because Mark Twain seen as a period where everything seemed to be well on the surface but beneath was a scheme of political dishonesty and self-indulgence. Around this time, the affluent upper class was created due to the

Most Difficult Thing I Ever Learned to Do Free Essays

â€Å"the most difficult thing I ever learned to do† Most pepole have learned many things to do and some of the learning is the hardest of the others . For me ,The most difficult thing I ever learned to do in is how to live as an immigrant . Most of all,The lack of English proficiency was a barrier to a better life. We will write a custom essay sample on Most Difficult Thing I Ever Learned to Do or any similar topic only for you Order Now When I came to the United States ,I couldn’t find any word to express my self in English. Learning english was not easy for me especially when you want to learn academic English as third language . However ,my friends said â€Å"If you do feel that English is not easy don’t worry you are not the only one â€Å". I know that who I am not the only onehas this problem. I don’t give up, I’ll try to do my best as good as possible. The second reason why moving to the United States was so hard to me,living to a different country has opened my eyes to many cultural differences. I was not sure If american society would accept me or if any one could ever talk to me. Iran has a very different cultural background in the ways of seeing things,traditions,and interpreting the world . I often felt torn between the U. S. culture and culture of mine. It took time to overcome these problems and communicate effectively across cultures. Another reason ,Since I lived with my parents I had never experience living alone . As an independent person , I have a lot of things to handle them such as working and money mangment . I can’t imagine how could I organize all of these by myself . Probably, living independently can brings to be more responsiblility,but for me it was one of the hardest things I hade to leran in the U. S. The Last reason things were difficult for me , I had to control my emotions . When I migrated to another country ,I began a new life without support and attention of my family . I became far away from Enviroment which was full of sweet bitter memories and this fact got me depressed. After several month,I found some way to control my emotions and to make myself happy . Now , I think living in U. S. is the hardest thing i learned to but definetly It taught me â€Å"the past is past , live now† and I can it do if I want to do. How to cite Most Difficult Thing I Ever Learned to Do, Essay examples

LIvoria Sandwiches free essay sample

Livoria Sandwiches Inc. provides exceptional quality sandwiches at a great price. Livoria has been able to maintain profitability since inception and has continued to grow its business and revenues. Recent unforeseen external events have caused significant cash flow issues and shook the family business. Livoria is hoping to see annual net income of $1. 1 million by 2015. This report will provide alternatives and the pros and cons of initiating these alternatives. A recommendation of one of the alternatives as well as an implementation plan will be provided to assist in obtaining the goal, maintaining profitable and alleviating the cash flow issue. Current Situation Livoria is facing an unforeseen legal obligation that impacts its current earnings and cash flows. Livoria however is in a good position to take advantage of a growing demand and changing customer demographic in the City of Dawkins. Exhibit 1, SWOT analysis, further describes the current situation at Livoria. Key Success factor – High quality unique product and faithful customer base Financial Assessment The current financial situation does not look great. We will write a custom essay sample on LIvoria Sandwiches or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page However if the onetime extraordinary allowance for a legal action is removed, Livoria shines. Livoria would have achieved a profit margin of 24% in 2012; this is the best in the industry. Livoria obtains the highest contribution margin at 53% as well as best sales growth at 5. 4%. (Appendix B Livoria Sandwiches Inc) Looking forward we see that our demand is coming in very strong, too strong in fact for our current capacity. Pro-forma financial statements have been generated showing what our realistic potential is for the next 3 years in Exhibit 3. Current capacity constraints will decrease production on our lowest Contribution margin items, meat ball and veal. With this happening we will not meet our 1. 1 million net income goal by 2015 The key stakeholders (Paul, Sam) have varied opinions on how to proceed and the following recommendations are developed with the stakeholder’s opinions and objectives in mind. Preferences Franchise – Paul Enhance menu – Sam Net income of 1. 1 million – Paul Sam Maintain Control (not franchise) – Sam Not to borrow money from bank– Paul Sam Alternative # 1 Franchise Exhibit 2 Pros Increase Market share and create brand awareness Create additional cash flow and contribution for owners as seen in Exhibit 3 We may be able to meet demand by franchising additional shops Less stress on the Livoria Brothers allows for time to focus on additional business options Will meet the $1. 1 Million goal Cons Loss of control Loss of family environment New owners may produce inferior product With lack of control Livoria may lose quarterly health audits and damage reputation Difficult to implement The alternative will help obtain the main goal, however it is not recommended because it does not fit well with mission and vision of Livoria. It’s a quick fix however it can and will have a long term negative impact Alternative #2 Expand the Menu – Exhibit 4 Pros Increase revenues As we once again decrease the production of our lowest CM per unit items now (veal, chicken and meatball) we will be able to meet the demand of the higher CM vegetarian options We will achieve our 1. 1million target Expand target market attract new customers Generate an additional $191K in cash flow by end of year 3 Capitalize on the shifting desires of the industry Creates growth Cons May lose current faithful customers because of lack of meat sandwich production Will need to train employees on new sandwiches Advertisement costs With the small stores we may not have the space to produce additional sandwich types This alternative will allow the brothers to obtain their goal and is in line with the company corporate values, mission and vision. Alternative #3- Increase Current Menu item Prices Exhibit 5 Pros With the growing household income, it is feasible to increase prices Additional net income and cash flow are generated Net income of $1. 1 million by 2015 will be obtained Simple implementation Faithfull customers will be willing to pay for consistent quality No loss of quality Cons Some customers may be lost Loss of market share Forecasted demand is based on current prices, this could be far different if price increase is included Doesn’t consider the changing tastes of the customers Growth will not be seen Although this is a very good alternative, it is not recommended for Livoria. Reason is, the current demand forecast could be different with price increase. The risk is too high and doesn’t create growth. Recommendation The best option for Livoria at this time is to expand its menu into the vegetarian options. Not only is this the best way to prepare for the future but it will also meet all of the preferences of the stakeholders while aligning with the corporate objectives, mission and vision of the company. The $1. 1 million goal will also be met by the end of 2013. No constraints will be broken. Implementation In order for Livoria to be successful in implementing the menu expansion, it must first contact its suppliers and ensure they can meet the change and increase in veggie demand. Next training and logistics must be arranged in house to adapt to the change in menu options. Quality must be maintained and no short cuts can be made. With the financial analysis provided in Exhibit 4 we see that in order to meet the new demand we must remove other menu items, and limit the production of other menu items (highlighted). A schedule needs to be in place to ensure we are within our time constraints, as at this moment, no new staff can be recruited. Next an advertising campaign is recommended to ensure that the potential vegetarian clients are informed of our new offerings, $20,000 per year in ad expenses has been budgeted. Conclusion With a swift implementation the Livoria brothers can meet their goals without losing focus on the corporate objective and passion that started this business. The future is very bright and Livoria can expect to bounce back as long as we keep an eye on the ever changing demands of the market. Exhibit 1 SWOT Analysis Strengths Faithful Customers High quality Low cost (CM) Location (Zone 1) Restaurant Layout Market share Low employee turnover Fresh Weakness Limited menu Niche target market (sandwiches only, non veggie) Small stores / limited staffing Current Cash flow Tax accountant Opportunities Expand menu to meet local demand Growing market Affordable Vegetable supplier for veggie menu Growing household income can allow for increased prices Very few Sandwich food in Zone 1 Threats Limited suppliers Legal insurance coverage Quarterly Health audits Start up fast food chains Exhibit 2 Franchise Exhibit 3 con’d Exhibit 4 – Expand the Menu Exhibit 4 Con’d Exhibit 5 – Increase Prices