Last Mile Problem free essay sample

In any case, these alternatives expect workers to put resources into extra resources, for example, stockpiling and security, which a great many people in the district can't manage. A low family salary powers 80% of individuals in La Paz to utilize open transportation as indicated by Swisscontact Bolivia (Pâ ¤gina, 2013). Moreover, the size and topography of the locale makes it significantly all the more testing and bothersome to walk. Therefore, accessible substitutes may not tackle the locales requirement for a viable mass transportation framework that can mitigate the last-mile issue. The constrained choices in the transportation business influence the customers legitimately. Private minivan drivers have been consistently forcing cost increment with an unfilled guarantee of overhauling their administrations, leaving suburbanites with higher admissions and an unremarkable help, best case scenario. The neighborhood governments have attempted to stop the value climbs, however the drivers have consistently figured out how to kill the legislatures political force through strikes that as often as possible carry the area to an end. We will compose a custom paper test on Last Mile Problem or on the other hand any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page By and large, suburbanites from La Paz spend on normal 40% of their family pay in transportation as indicated by the administrations transport framework online networking webpage. Starting today, open transportation in the territory is given by the administration and the private part. This last is possessed by people whom much of the time buy an utilized imported vehicle to move workers at moderately high admissions. The business has been for all intents and purposes self-controlled as of not long ago, yet this self-guideline was pointed distinctly at keeping up reasonable rivalries among drivers. Whats more regrettable, since the specialist co-ops are additionally the controllers, they ignored many key segments of the transportation framework: the nature of the administration; the productivity and viability of the framework; and the reasonable reatment of clients. As for suburbanites, changing starting with one supplier then onto the next one has little effect while changing to another sort of transportation As a counseling organization situated in the United States however working in a creating country, we know that innovativeness is significant in handling such a test. The remainder of the paper will clarify our procedure in attempting to take care of the last-mile issue in the locale. To start with, we will talk about how we used Mind Mapping to additionally comprehend the last-mile issue. Second, we will expound on how we utilized the Morphological Constrained Connections technique to build up a progression of inventive choices to take care of the current issue. Thus, we assessed the arrangements considering our customers electorate needs and will offer what we accept is the best arrangement. All things considered, we know about potential issues that may emerge which we recognize in our paper, trailed by where we see the venture going. Sick. Instrument 1: Mind-Mapping The principal apparatus we used was mind-mapping: the way toward building a graph to outwardly plot data or thoughts. Psyche maps give a visual portrayal to conceptualize a focal thought with interfacing parts of related points. It starts with a solitary word or proclamation in the focal point of the board, paper, or any composed material. Next, words, classifications, or ideas that are related with the inside thought are included. Everything is identified with the middle and stems outward prompting subcategories and various associations. This instrument empowers gatherings to see the issue plainly and conceptualize related subjects or arrangements. It encourages investigation, making associations, demonstrating manners of thinking, reviewing data, arranging, and sorting out. We started with this device so we could completely build up our understanding f the issue and investigate arrangements that as of now exist around the world. We each invested energy exploring articles and arrangements that various urban areas and nations have used to tackle the last mile issue. We let the issue and arrangements hatch for a few days and afterward met for a gathering meeting to mind map what we found. In our gathering, we laid the last mile issue down as our inside. From that point we thought of our various classifications that made a wide comprehension of our concern. These classifications were: who, what, where, reasons/why, and supporting articles/models. We at that point made subcategories: clients needs associated with who the difficult impacts and issues with current arrangements associated with the models. The initial step was spreading out what the last mile issue is. Albeit open travel, for example, trains, cable cars, transports, and transports exist in urban and rural regions, goals are frequently farther away from the stations than strolling separation. This frequently makes open travel frameworks inadequate. We set down thoughts at the forefront of our thoughts map about what this issue incorporates. For instance: individuals cannot return home or to work from the transport or train, no street get to, no stopping, slopes hard to walk or bicycle, there re absence of options, older or kids cannot walk significant distances, and so on. Next, we mapped out who needs to manage this every day issue: individuals who can't bear the cost of vehicles, low-pay families, understudies, suburbanites, laborers, drivers, and governments. This at that point prompted our subcategory of the clients needs: time, cash, vitality, access, and comfort. Where the last mile exists was another classification. We conceptualized thoughts, for example, spread out populaces, urban regions, huge urban areas, remote towns, and rugged locales. Reasons why this issue is happening was additionally tended to: nstable governments, absence of city arranging, absence of cash, geology, spread out urban areas, absence of motivating forces, swarmed urban areas, shaky populace, absence of configuration thinking, endeavored arrangements and the issues for why many have been fruitless. A couple of instances of endeavored arrangements included: Brazil has constructed a transport quick travel (BRT); Columbia has the biggest system of bicycle paths; little city vehicles have been fabricated, skyrails, and electric bicycles charged by sunlight based force.

Effect Size Assignment Example | Topics and Well Written Essays - 1000 words

Impact Size - Assignment Example Mediator is the variable that affects the interrelationship between the two factors which have a zero request relationship. For another situation a significance of the arbiter factors must be seen and it has been known by the scientists that the middle person factors have been believed to be following the models that are given by the analysts (Briggs, 2006). One of the models understands that meddles between the reaction just as the upgrade that a living being has. This model has been believed to speak to the total detailing of the intercession speculations that has been perceived by the sociologies analysts. In the general terms it has been said that the arbiter can be characterized as a variable when the connection between the indicator and the model is characterized and is set up in an explanatory way. The outside occasions when accept a significance of the mental essentialness just than the significance of the middle people is to be figured it out. For this situation the arbiter model can be spoken to by the accompanying graphs. The middle person variable can be spoken to by the way outline and this model has been believed to expect the three variable frameworks where there are two fundamental causal ways that join the variable, the way quantifies the immediate effect of the aberrant variable and this additionally gauges the effect of the go between (Baron, and Kenny, 1986, 1180). The variable for this situation has been believed to work as the go between when the particular arrangement of attributes are being trailed by the variable and these are comprehensive of the varieties that may be seen in the autonomous variable and these are the progressions that have been believed to inform the progressions that are identified with the go between. Likewise the varieties that occur in the arbiters inform the adjustments in the variable (Hayes, and Preacher, 2008, p. 880). Impact size Quality of the connection between the two factors can be estimated by the impact size. Here it tends to be said that the impact size is the exploration on a numeric scale. It is the impact size that can be useful in making the measures if the yielding between the two factors is genuine or if the concession is a direct result of the change that has happened in the different factor that have caused the adjustments in the qualities (Klein, Fan, and Preacher, 2006, p. 100). It has been seen that if there should be an occurrence of the theories testing the impact size, the example size just as the basic criticalness levels are the ones that have been given a significance and these are the ones that have been leveled with one another in speculations testing. A significance of the impact size has been resolved on account of the Meta investigation and for this situation it has been seen that the impact size is the one that mulls over the various examinations and it has been seen that for this situation the various examinations are joined together into the single examinations (Briggs, 2006). It has been said that with the end goal of the Meta examination the sort of impact size being utilized is the one that is in connection with the whole of the considerable number of looks into being thought about.

Operations Management Definition, Principles, Activities, Trends

Operations Management Definition, Principles, Activities, Trends Since all companies have operations, i.e. certain ways to create an optimal output from various input sources, whether it be manufacturing physical products or offering services, it is good to be familiar with the basics of managing these operations. Especially as mastering these basics can directly support your business goals. © Shutterstock.com | garagestockIn this article, we will introduce you to a historical background and the current concept of operation management, its guiding principles, and the everyday activities that are the responsibility of an operation manager. We will also give you an outlook on some of the recent trends that have an impact on this discipline.WHAT IS OPERATIONS MANAGEMENT?Operations management involves planning, organizing, and supervising processes, and make necessary improvements for higher profitability. The adjustments in the everyday operations have to support the company’s strategic goals, so they are preceded by deep analysis and measurement of the current processes.Historical backgroundOperations management was previously called production management, clearly showing its origins in manufacturing. Historically, it all began with the division of production, starting as early as the times of ancient craftsmen, but spreading more widely only by adding the concept of in terchangeability of parts in the eighteenth century, ultimately sparking the industrial revolution.Still, it was not until Henry Ford took a twist on manufacturing with his famous assembly line concept, otherwise known as “bring work to men,” that the management of production for improving productivity became a hot topic. From the 1950’s and 1960’s, it formed a separate discipline, besides bringing other concepts, such as Taylorism, production planning, or inventory control, to life.As the economies in the developed world were gradually shifting to be service-based, all the corporate functions, including product management, started to integrate them. The service side also began its approach by applying product management principles to the planning and organizing of processes, to the point where it made more sense to call it operations management.Multidisciplinary natureOperations management is now a multidisciplinary functional area in a company, along with finance and marke ting. It makes sure the materials and labor, or any other input, is used in the most effective and efficient way possible within an organization thus maximizing the output.Operations management requires being familiar with a wide range of disciplines. It incorporates general management, factory- and equipment maintenance management by tradition. The operations manager has to know about the common strategic policies, basic material planning, manufacturing and production systems, and their analysis. Production and cost control principles are also of importance. And last, but not least, it has to be someone’s who is able to navigate industrial labor relations.Interested in a deep dive into operations maangement? Read the following slides.[slideshare id=2084168doc=operationsmanagement-919slidespresentation-090928145353-phpapp01w=640h=330]Required skillsThe skills required to perform such work are as diverse as the function itself. The most important skills are:Organizational abilitie s. Organizing processes in an organization requires a set of skills from planning and prioritizing through execution to monitoring. These abilities together help the manager achieve productivity and efficiency.Analytic capabilities/understanding of process. The capability to understand processes in your area often includes a broad understanding of other functions, too. An attention to detail is often helpful to go deeper in the analysis.Coordination of processes. Once processes are analyzed and understood, they can be optimized for maximum efficiency. Quick decision-making is a real advantage here, as well as a clear focus problem-solving.People skills. Flaws in the interactions with employees or member of senior management can seriously harm productivity, so an operation manager has to have people skills to properly navigate the fine lines with their colleagues. Furthermore, clear communication of the tasks and goals serves as great motivation and to give a purpose for everyone.Cre ativity. Again, problem-solving skills are essential for a creative approach if things don’t go in the right direction. When they do, creativity helps find new ways to improve corporate performance.Tech-savviness. In order to understand and design processes in a time when operations are getting increasingly technology-dependent, affinity for technology is a skill that can’t be underestimated. Operations managers have to be familiar with the most common technologies used in their industries, and have an even deeper understanding of the specific operation technology at their organizations.THE MAJOR PRINCIPLES OF OPERATIONS MANAGEMENTSome of the fundamentals of the everyday work in operations management worth expanding a little more. Below you will find two major approaches that are important to understand the driving forces behind the decisions about planning, designing and organizing processes.They are both embracing the idea of focusing on the delivery: supporting the organizati on to deliver better results, by an optimized input of materials, equipment, technology, and human resources.The ten principles of OM by Randall SchaefferRandall Schaeffer is an experienced manufacturing and operations management professional, an industrial philosopher, and regular speaker at conferences organized by APICS, the leading US association of supply chain and operations management. He presented his list of 10 principles of operations management at an APICS conference in 2007, saying the violation of these principles had caused the struggle US manufacturing companies were experiencing.Reality. Operations management should focus on the problem, instead of the techniques, because no tool in itself would present a universal solution.Organization. Processes in manufacturing are interconnected. All elements have to be predictable and consistent, in order to achieve a similar outcome in profits.Fundamentals. The Pareto rule is also applicable to operations: 80% of success comes from a strict adherence to precisely maintaining records and disciplines, and only 20% comes from applying new techniques to the processes.Accountability. Managers are expected to set the rules and the metrics, and define responsibilities of their subordinates, as well as regularly check if the goals are met. Only this way would the workers put in the necessary efforts.Variance. Variance of processes has to be encouraged, because if managed well, they can be sources of creativity.Causality. Problems are symptoms: effects of underlying causes. Unless the causes are attacked, the same problems will appear again.Managed passion. The passion of employees can be a major driver of company growth, and it can be instilled by the managers if not coming naturally.Humility. Instead of a costly trial and error process, managers should acknowledge their limitations, “get help, and move on.”Success. What is considered success will change over time, but always consider the interest of the cust omer. In order to keep them, all the other principles have to be revised occasionally.Change. There will always be new theories and solutions, so you should not stick to one or the other, but embrace the change, and manage for stability in the long term.The 16 principles of operations management by Dr. Richard SchonbergerDr. Richard J. Schonberger, renowned researcher of American manufacturing and author of the book “World Class Manufacturing: The Next Decade,” has become widely known in operations management by his set of 16 customer-focused principles.Team up with customers. Know what they buy and use, and organize product families accordingly.Continual, rapid improvement. Aim for non-stop improvement to always deliver the best quality, aim for a quicker response to customer demand, and always offer maximum flexibility. Thus, it gives more value, in a more flexible way.Unified purpose. Involve frontline employees in strategic discussions to make sure they understand the purpos e of their work and have their say in what to change.Know the competition. Know their customers, their best practices, and their competitive edges.Focus. Allow no variations that the customers don’t buy or demand.Organize resources. Set priorities in organizing resources in a way the operations are close to the customer rate of use or demand.Invest in HR. Offer cross-training options, job rotation, and improvements in work safety and health. Also offer more rewards and recognitions.Maintain equipment. Always think of improvement of current assets first, instead of a new purchase.Simple “best” equipment. Keep the equipment as simple and flexible as possible, at a reasonable cost.Minimize human error. Improve the equipment and keep frontline workers accountable.Cut times. Shorten product path to customer by making processes and delivery faster.Cut setup. Be prepared to support different processes and get all information and tools ready for on-demand production.Pull system. Impro ve the workflow and cut the waste by producing on demand.Total quality control. Use only the best materials, processes, and partners.Fix causes. Focus on controlling the root causes that really affect cost and performance.Visibility management. Promote corporate achievements, let the market know about your improvements in competence or productivity.THE ACTIVITIES OF OPERATIONS MANAGEMENTThere are three major groups of activities performed by operations management, deriving from its planning or designing, organizing, and supervising functions. All activities involve considering assets, costs, and human resources, and are preceded by a thorough analysis of processes.DesignBefore planning processes or designing products, operations management should be busy analyzing the market to test the demands. If it delivers promising results, e.g. a niche to target or a new product or service to develop, you can start planning.In most cases, planning involves designing a new product, from the ini tial concept to the actual launch, with several testing phases involved. During planning, you will have to consider both technical and business requirements.Sometimes the processes need to be updated: designing a new supply chain or other logistics processes. If your product is a service, process design aims for a variety of requirements and customer contact levels.Again in other cases, it’s about a new facility: your company decides to expand its operations, and you will have to decide on the location of the facility, its capacity, and its layout.Plans should always support the business objectives: they are in focus when considering the costs and finding the best matching quality and capacity, or calculating inventory and human labor needs.Therefore, it is important to set proper measures in the planning phase, to know if the actual performance meets them, or there is need for adjustments. Capacity is one of these measures, as is product quality, or delivery times. The initial fi gures are usually estimates based on the market analysis conducted beforehand.One thing operation managers should be good at is critical path analysis. Learn more about that in the following video. Management/OrganizationSo you have a facility for production, your product design is ready, and so is the way it will be produced: with what material and human resources, at what costs, with what workflow.This is a solid starting base for maximizing the efficiency of your operations. Still, you will need constant and competent management to correct the accidental mistakes in planning, to adjust production to changing costs or regulations, and keep them efficient on many levels.The operations manager selects and schedules the processes for an optimal result and does the same with materials for an ideal quality and capacity. Organizing the maintenance of the equipment is also part of the quality management activities. Furthermore, the inventory and the whole supply chain has to be managed i n order to produce more efficiently.As in all management functions, the management of human resources is an essential activity. In operations management, the planning of actual employment levels can have a great impact on whether an organization can operate effectively.ImproveThere is always room to improve when it comes to the processes used, the quality and capacity achieved, or as far as the level of inventory and human resources are concerned.A great deal of operations management’s tasks, therefore, comes from these needs, and this is where long-term planning steps in. But remember, changes made according to these plans are only as good as the improvement they bring in business terms.A better way to forecast demand gets you closer to an improvement of processes, as savings on costs and delivery times occur. The quality of a product will be higher if you have Total Quality Control established and assess the operational risks correctly. Inventory control accounts for a better us e of supplies. With Just-In-Time manufacturing, the capacity issues can be solved. Collaboration is a common go-to strategy that you can use to improve the effectiveness of your human resources.As a general advice, you can always consider adding some technology in the mix. The best way to do that is to develop a technology plan: identify where the company is now, in which areas it would need a boost, what relevant technologies are available, and which ones are feasible to implement.RECENT TRENDS IN OPERATIONS MANAGEMENTThe ever-shrinking product lifecycles, the new trends on the labor market, the environmental concerns, and the digitalization of the processes require innovative approaches to operations management. Some of the trends that have a significant impact on the discipline today are:Business Process Reengineering (BPR)It’s a radical approach to designing core processes: take everything that you used before, discard it, and then start again from scratch. With Business Proce ss Reengineering, you can foster innovation and improve any selected measures dramatically. If you want to do it well, focus on how you can add more value to the customer.[slideshare id=31441243doc=businessprocessreengineering-2-140220101636-phpapp02w=640h=330]Lean and agile manufacturingEstablished by the Toyota Corporation, the term lean manufacturing has become a mainstream trend in the industry, and it is used interchangeable with Just-In-Time production. The concept behind is a constant improvement of processes in order to reduce waste and inventory, and maximize the output of high-quality, low-cost products and services.A new twist on this concept is agile, or otherwise known as “the new lean.” It has its origins in software development but now is used by various industries. The reason it came to life was the growing complexity of processes, and it is characterized by product development done in small increments and super-fast decision-making. These together ensure the nec essary flexibility and interactivity, proven remedies for unpredictable changes in market demand.Six SigmaImproving processes using a data-driven approach is an innovation of Motorola from mid-1980. It’s still among the trends of impact because it is a quality-improvement and cost-reducing method that focuses on customer satisfaction.The method is based on the Six Sigma measure, which is achieved if only 3.4 defects are found in a million of output. This way, production efficiency can be nearly 100%. When presented with a problem, the Six Sigma approach uses a five-step method called DMAIC, an acronym of define, measure, analyze, improve and control.Reconfigurable manufacturing system (RMS)Another possible method for reacting to quick changes in the market is RMS, a production system that can be used with different functionalities within a product family. With an RMS, you can make adjustments in production cost-effectively.Employee involvementA recent trend that impacts the human resources management activities in operations is the increasing involvement of employees in the planning processes. Listening to the opinions of the workers often brings up fresh ideas, a different perspective on what problems should be solved and how to make the operations more effective.SustainabilityDue to the ever constraining environmental regulations, businesses must operate under pressure to reduce their harmful impact while still being able to grow. The issues, since affecting all levels of operations, need the insights of operations management on what are the options to meet these new expectations.Many times, principles applied for efficiency coincide with sustainable operations management principles, like organizing resources or cut times and waste.Behavioral operations managementThis trending research area studies the impact of human behavior, especially non-rational decision-making, on the discipline. Because of its complexity, operations management is a field prone to f requent deviances in problem-solving.There is a solid interest to understand the most important factors that influence manager’s decisions, as well as to make efficient problem-solving methods more widely available. With such a toolbox, managers can make more rational decisions and improve the overall efficiency of the operations.

Teen Pregnancy and Childbearing - Free Essay Example

Sample details Pages: 3 Words: 1045 Downloads: 10 Date added: 2019/03/22 Category Society Essay Level High school Tags: Teenage Pregnancy Essay Did you like this example? Did you know that 3 in 10 teenage girls in the United States get pregnant at least once before they turn 20 years old, and about 25 percent of teen moms have a second child within 24 months of their first baby (11 Facts About Teen Pregnancy)? The United States has the highest rate of teenage pregnancies compared to other countries. There are many educational resources to people of all ages, and getting contraceptives with absolutely no questions. If all of this is available, then why are 20 percent per 1,000 females getting pregnant in the United States under the age of 19 (Trends in Teen Pregnancy and Childbearing)?. Don’t waste time! Our writers will create an original "Teen Pregnancy and Childbearing" essay for you Create order According to Health and Human Services, in 2016, there were 20.3 percent births for every 1,000 females ages 15 to 19, or 209,809 babies born to females in this age group (Trends in Teen Pregnancy and Childbearing). Teens aged from 15 to 19 years old account for 5.3 percent of all births in 2016. In 1991 teenage pregnancy was at a record high of 61.8 percent (Trends in Teen Pregnancy and Childbearing). Health and Human Services also stated that, in 2016, 17 percent, one in six, of births to 15 to 19-year olds were to females who already have had one or more births. Teen birth rates are very different across the region of the United States. Health and Human Services also state that, rates were the highest in the states across the southern party of the country (Trends in Teen Pregnancy and Childbearing). In Ohio alone, the teen birth rate in 2016 was 21.8 percent per 1,000 females between the ages of 15 and 19 (Trends in Teen Pregnancy and Childbearing). All of the teen pregnancy rates include pregnancies that end in a live birth, abortion, and also miscarriages. Teen pregnancy rate has declined tremendously since 1990. In 1990, teen pregnancy was at 117.6 percent per 1,000 females between the ages 15 to 19 (Trends in Teen Pregnancy and Childbearing). According to Health and Human Services, about 77 percent of teen pregnancies are unplanned. In 2013, a majority of pregnancies to females ages 15 to 19 in the United States, ended in a live birth; 15 percent ended in a miscarriage; and 25 percent ended in abortion. The rate for teen pregnancy in the United States, in 2008 was at 40.2 percent per 1,000 females between the ages of 15 and 19, (Trends in Teen Pregnancy and Childbearing), and I was one of those females. I was 15 years old when I became pregnant. Just like the statistics, it wasnt planned. Even though I was taught sexual education during my freshman year, it was not too long after my freshman year in high school that I became pregnant. I was not on any type of birth control, and the boy did not use a condom. So, there was no contraceptive used to avoid pregnancy or even a sexual transmitted disease. Lucky me, I didnt get any type of sexual transmitted disease, but not everyone gets that lucky. My parents never had the talk with me about sex or what could happen if I was to have sex. During the summer of my sophomore year, I ended up talking my mom into letting me go to London Academy, which is a homeschooling program through London. While all my friends were going to school and enjoying their high school years, I was at home, pregnant, and doing my homework through London Academy. When my friends go shopping or go to the movies, they quit asking me eventually. Since I wasnt attending high school in person, I was slowly losing my friends one by one, because I rarely saw them anymore. Even though teen pregnancy rates have gone down a bit since then, I think it is a big deal to teach kids and teens about different ways to reduce teen pregnancy. There are many of different ways to prevent teenage pregnancy. The first and number one method that is 100 percent effective is sexual abstinence. This is the one and only method that guarantees no risk of pregnancy and protects both teens from getting any sexual transmitted disease. Another way to avoid teenage pregnancy is to have sex education and HIV education taught in 7th grade and again in 9th grade. As of November 1, 2018, only 24 states and the District of Columbia mandate sex education; 22 of the 24 states and the District of Columbia mandate both sex education and HIV education; and 2 of the 24 states only mandate sex education (Sex and HIV Education). One more way to avoid teenage pregnancy is birth control. There are many different types of birth controls for females. There is the implant, which is placed by a health care provider and lasts up to 3 years. With the implant, the females chances of getting pregnant are less than 1 out of 100 women (Preventing Teen Pregnancy ). Another birth control method is the IUD, which is also placed by a health care provider. The copper IUD lasts up to 10 years and the Progestin IUD lasts 3 to 5 years. The chances of getting pregnant with the IUD is less than 1 out of 100 females (Preventing Teen Pregnancy). Next, is the birth control pill. With the birth control pill, youre supposed to take it at the same time each day. The females chances of getting pregnant on the pill are 9 out of 100 females (Preventing Teen Pregnancy). There is one birth control for the male, and that is a condom. With a condom to be 100 percent effective, the male has to use it correctly every time during sex. The chances of the female getting pregnant with the condom birth control are 18 out of 100 women (Preventing Teen Pregnancy). Condoms should always be used along with the preferred birth control to protect against sexually transmitted diseases (Preventing Teen Pregnancy). Overall, the teenage pregnancy rate has dropped majorly since 1991, and even though the pregnancy rate in the United States, in 2016, was at 20.3 percent per 1,000 females between the ages of 15-19, we need to get that rate to drop even lower. There are many different types of birth controls to prevent teenage pregnancy, but the number one method to avoid pregnancy and avoid HIV and STDs is abstinence. Also, all middle schools, since kids are starting things young now these days, need to have a sex HIV education class. It also wouldnt hurt to have the sex HIV education class again in high school, to refresh the students brains. In conclusion, the teenage pregnancy rate needs to drop more, and we will get it there!

A Raisin in the Sun Money is Only an Object Essay

Does money control todays society? The Younger family is an African American family in Chicago in the 1950s. The family lives in a small and ratty one window apartment. They are an â€Å"average† family who receives the proceeds from a $10,000 life insurance policy from the death of Walter Lee Sr. Everyone in the family has their own idea of what they want to do with the money, if it was up to one of them. The authors story setting is in the apartment surrounded by various conflicts, conversations and actions of the characters. The story line is only a couple of days, but in that time the author is able to show how poverty can have a negative effect on the Younger family. Hansberry uses Walter Jr’s character to display one way that†¦show more content†¦Walter does not feel like he is the man of the house so Mama and Walter sit down and discuss it. She tells him, †¦Ã¢â‚¬ I paid the man thirty-five hundred dollars down on the house. That leaves sixty-five hundred dollars. Monday morning I want you to take this money and take three thousand dollars and put it in a savings account for Beneatha’s medical schooling. The rest you put in a checking account-with your name on it. And from now on it is for you to look after. For you to decideâ€Å"(42). Walter focused solely on the money and this caused him to think that all the money is his and he can go and do as he pleases. He was obviously disappointed when Mama did not give him any of the money initially but when she entrusted him with the remaining $6,500 it brought about a sense of pride and responsibility that had long eluded him. It was almost a renewing moment for Walter as his family life changed for the better since he was now acting as the man of the house. Hansberry lays out her thoughts in various manners through the family members. She demonstrates that having money and a desire to be in business does not mean you’re a business person. One night the family neighbor, Mrs. Johnson, comes over to chat with the family, she asks about everyone and what is going on with each family member. She continues talking about the family moving and states,â€Å"†¦ Lord-I bet this time next month y’all’s names will have been in the papersShow MoreRelatedresearch paper to raisin in the sun3138 Words   |  13 Pagesgirls are walk together as sisters and brothers.† Martin Luther King Jr. In the play â€Å"A Raisin In A Sun† by Lorraine Hansberry is essentially about dreams, including the American Dream. The play takes place around the 1950’s in Chicago’s south side, when segregation was still around. In this play you meet a cast of people with dreams of a better life that compares the novel A Raisin in the Sun with Martin Luther Kings speech I Have a Dream. It Analyzes the similar themes found in playRead More The American Dream in Lorraine Hansberrys A Raisin in the Sun and Arthur Millers Death of a Salesman 2744 Words   |  11 Pagesbe rich. A Raisin in the Sun, written by Lorraine Hansberry, and Death of a Salesman, written by Arthur Miller, both address the American Dream. Both plays discuss the desire for wealth and how the desire may lead to one’s downfall. However, each play is very different in addressing issues such as race and feminism. A Raisin in the Sun and Death of a Salesman have the same major theme of the American Dream, but address other issues differently along the way. A Raisin in the Sun is about an AfricanRead MoreCompare And Contrast A Raisin In The Sun And Lena Younger1072 Words   |  5 Pagesdifferent than the ones of a white male, however both will be equally proud of their achievements when one reaches their outcome. The American Dream can be portrayed as being able to succeed at what you want, and while both Lena Younger, Mama, in A Raisin in the Sun and Jay Gatsby in The Great Gatsby, both had similar dreams of achieving love, Lena Younger achieves her dream by providing for her family , Gatsby’s approach on reaching his dream of through improving his wealth did not succeed. Lena YoungerRead MoreThe Great Playwright s Life Story2415 Words   |  10 Pages19, 1930. Although born during a time of hardship introduced by the Great Depression, Hansberry grew up rather comfortably in a middle-class African-American family from the Southside of Chicago (â€Å"Lorraine†). Her father, Carl Augustus Hansberry, not only established Lake Street Bank, one of the first Chicago banks to solicit black patronage, but also established himself as a successful real-estate businessman (Jacobus, â€Å"Lorraine† 1223). Despite the middle-class status, the family experienced racialRead MoreThe Roles Of Sexism And Dreams1377 Words   |  6 Pagesof the protagonists of the play, makes this sexist comment towards his sister, Beneatha, and her desire to become a doctor. Walter belittles Beneatha’s dream by implying that women are only fit for supporting roles just like their mother, Mama Lena. Debuted on Broadway in 1959, the dramatic work, A Raisin in the S un, is composed by Lorraine Hansberry, who depicts the issues of sexism and dreams. Considering these themes, how can we explore the presence of dreams as well as the ideology of sexism thatRead MoreMale Vs Female : Playwrights Of The 1950 S2361 Words   |  10 Pageswith how much money one has and being his family’s sole provider. When Walter’s father died his mother received $10,000 in life insurance payments. She takes a portion of the money and uses it to purchase a house in a well-established suburban white neighborhood. In terms of the remaining money, Walter wanted to invest in a liquor store. After much persuading, Mama finally gives in and gives Walter the rest of the money. When the investment goes belly up Walter loses all the money. His attempt toRead MoreHow Money Plays A Big Role1956 Words   |  8 PagesHow Money Plays a Big Role The Play, A Raisin in the Sun, written by Lorraine Hansberry, is a story about an African American family, the Youngers, who live in an awfully, small sized, ghetto apartment in Chicago. The Youngers include, Lena the mother aka Mrs. Younger, Walter her son, Beneatha her daughter, as well as Ruth her daughter in law and Travis her grandson. The Youngers, essentially, establish a decent perspective of how money, poverty, and racism all play a role in society as well asRead MoreIs The Lengths Of Our Fingers Are So?1478 Words   |  6 Pagescertain objects. Comparable are our lives against it since we also encounter endless struggles as well as contentment all tended to stabilize our lives which counteracts extreme exposure to any one of the situations. But what if we begin to shatter this stability in the greed to only gain the better of the two? Well, we commence to fight our fates and develop conflicts in our own paths without acceptance towards miscellaneous situations. The same i s portrayed in the play, A Raisin in the Sun, whereRead More Comparing the American Dream in Millers Death of a Salesman and Hansberrys A Raisin in the Sun3400 Words   |  14 PagesComparing the Destructive American Dream in Millers Death of a Salesman and Hansberrys A Raisin in the Sun America is a land of dreamers. From the time of the Spanish conquistadors coming in search of gold and everlasting youth, there has been a mystique about the land to which Amerigo Vespucci gave his name. To the Puritans who settled its northeast, it was to be the site of their â€Å"city upon a hill† (Winthrop 2). They gave their home the name New England, to signify their hope for aRead MoreThe symbolism of the plant in A Raisin in the Sun1893 Words   |  8 PagesThe symbolism of the plant in A Raisin in the Sun One might ask how the scientific facts of the functional purpose of a plant would connect to a literary piece, especially the well-known play, A Raisin in the Sun, written by Lorraine Hansberry. The plant in the text symbolizes the foundation for the family, honest hope, and Mamas dreams. Symbolism is not a definition of an item, but represents something specific other than itself. Much like Mamas plant, it represents many meaningful ideas with

American Superconductor Case Free Essays

American Superconductor offer electric power infra structure from its generation to distribution. AMSC is the leader in alternate energy. The company has two main business units: AMSC power systems and AMSC Superconductors. We will write a custom essay sample on American Superconductor Case or any similar topic only for you Order Now AMSC Superconductors American Superconductor has spent nearly 18 years as public limited company developing transmission wires of high quality in order to generate and deliver power. The Company has been posting continuous losses and mostly dwindling on cash. It has however posted recently its first ever profit for the quarter ended 31st March 2009 by earning a profit of $1. 3 million or 3 cents per share. (MSN Money) Debt Verses Equity Financing Equity and debt financing both have their advantages and disadvantages explaining why most big companies select an optimal capital structure which is a mix of debt and equity. Theoretically having a higher ratio of debt in the capital structure maximizes the return on equity. The interest payments on debt are tax deductible and usually the cost of debt is much lower than the cost of equity. With debt financing a company pays a fixed interest payment irrespective of the amount of profit or growth it has achieved i. e. it does not have to share its profits with its creditors. For a profitable company requiring extra capital, â€Å"debt financing† is the best option because with debt financing it does not have to share its profits or the ownership of the business with others. Equity injection however results in further dilution of earnings and management control. With the above argument one may feel that debt financing is the best option. Debt financing is a good option as long as the company has huge profits and liquid assets to support it. For a business that is facing losses, debt payments can be a huge burden in the form of interest payments. The creditors will have to be paid while the stockholders on the other hand will not get any dividends since the company is only making a loss. We can therefore say that equity financing puts less of a burden on a company’s financials when profitability is depleting or business is posting a loss. Higher equity percentage in the capital structure impacts the financial ratios of the company positively. Restructuring to 100% Equity It all started after the 2003 black out which occurred due to the over load of power grids and American Superconductors stocks surged by nearly 42% as an expectation that the quality wires manufactured by American Superconductors could be used to relieve congestion on the power grids. The company took this situation as an opportunity and the managers and board of directors decided to forgo debt financing of $50 million and adopt an equity financing strategy. The company raised $51. 1 million by selling shares which helped strengthen the balance sheet and enhanced the liquidity condition of the company. American Superconductors however continued making losses, but conversion of capital structure to 100% equity allowed the company to reduce its interest expense significantly. Since higher leverages magnifies return on equity of a profitable business but also maximizes the loss by putting additional pressure on the profit and loss account of a company. AMSC after converting to 100% equity capital structure saved millions of dollars every year in terms of interest expense. Recently AMSC has posted its first profit since the capital restructuring in 2003. If AMSC had not converted to equity financing it would have had a major problem financing its cash needs and credit worthiness would have gotten worse. The Debt to Equity ratio would have increased and debt would have gotten more and more expensive for the company thus increasing the interest expense of the company and it may have never became profitable. Long term debt continues to be zero whereas the number of outstanding shares can be seen increasing from 19. 7 million shares to 41. 5 million shares. Conclusion American Superconductor being a technology company had to face many challenges such as failed projects, higher cost of business and ever changing environment. Board of Directors in my opinion took a very good decision by not using long term debt in their capital structure. AMSC has been a subject of criticism but it has finally posted a profit and if it stays profitable they might want to rethink their optimal capital structure. How to cite American Superconductor Case, Papers

Online Hotel Reservation free essay sample

-According to Mrs. Michelle Amir,co-fouder and CEO,says:,†I am proud to say that by the third quarter 2008 we will have succeeded in our goal to become a global hotel booking agency. During three consecutive years our company results have shown a tremendous annual increase of much more than 100 %. Over 2007 we boasted gross sales of over 36 million. We expect to reach 75 million in hotel reservation in 2008. The first quarter in 20087 looks promising. With over 13 million gross sales we start the year ahead of budget. We achieved this with a mere three destinations. Therefore,with so many more destinations,we expect our results to continue to increase significantly. We also expect many more repeat visitors and actual bookers due to the added cities. † -Callista Hospitality is a reservations and management system for motels, lodges and small to mid-sized hotels. It incorporates powerful, easy-to-use features which are normally available only in high-end, expensive reservations software systems. We will write a custom essay sample on Online Hotel Reservation or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Electronic reservations, easy checkin/out, automatic management of online reservations and all changes in room availability, integrated and automatic guest call logging and allocation with user-defined margins per call type, multiple accounts per guest room, automatic confirmation emailing, user-defined in-house charge allocation, on/off peak calendar, complete guest history, integrated guest billing and automatic scheduled reporting for management, statistical analysis, financial analysis and operations and much more are all available in this innovative, inexpensive, easy-to-use system. A fully automated checkin wizard makes checkin fast and efficient even for the most novice user. The online hotel reservation is the only growing section between the different methods of reservation. The 40% of rooms in cities were reserved online in 2009 and this rate is increasing because there is more and more online reservation system. Online reservation systems are very useful because the traveller can compare prices, can see the other travellers opinions and ratings from the hotels and their services. In this way it is easier for the client to choose the right hotel. It saves time and money for travellers.