The Scientific Management And The Bureaucracy Theory Essay

This report aims to find out whether the scientific management and the bureaucracy theory are useful for modern organization and managers. There is no specific research area under the essay, as there has no enough information from one region to support the arguments listed in the report. In particular, it focuses on the effect of four principles of Taylor’s theory to modern companies. How bureaucracy and post-bureaucracy theory work in contemporary companies has been included as well. Another content of the essay is the weakness of two theories applying to today’s organization. A research aim to investigate both bureaucratic and post- bureaucratic organizational characteristics in 90 workplaces sited in mid-Sweden, both strategies create work dissatisfaction because of tasks repeatedly, firm in a poor innovation situation is a disadvantage of bureaucracy theory. Those are evidences to support arguments listed in the essay. Based on that, my opinion is Taylor and Weberâ €™s theory is relevant of contemporary organization, but modern companies need to be aware of the theory’s drawback. The first concept of this essay is the scientific management is relevant to the modern companies if the organization use the four principles of the theory properly. Taylor’s theory explains a method that using scientific techniques to describe’ one best way’ to complete a work (Robbins, Bergman, Stagg, Coulter, 2015). Using the New Zealand’s (NZ’s) contemporary business environment as an example,Show MoreRelatedBureaucracy Theory of Weber1302 Words   |  6 PagesBureaucracy theory of Weber Weber s theory of bureaucracy (1958) is one of the most popular themes of the studying of organizations. He identified the legitimate of power with authority. Power means the ability to ask people to accept the orders; Legitimation means people regard this power as legitimate so as to obey the orders. Weber identified this authority as three types: Charismatic authority, where the rule can be accepted because the leader has some outstanding personal qualityRead MoreIs the Classical Approach to Management Obsolete? Critically Discuss Your Views on This Matter.1603 Words   |  7 PagesIntroduction There have been many different approaches to management over the past few centuries; autocratic, which causes dissatisfaction for employees due to authority being in the hands of one person; paternalistic, in which the authoritative leader cares for his employees more than his profits; democratic, in which the management allows the employees to voice their opinions and laissez faire in which the management stays, for the majority, out of its employees business. These approaches areRead MoreThe Classical Public Administrative Theory1158 Words   |  5 PagesADMINISTRATIVE THEORY Most twentieth century scholars in sociology and the science of administration consider the classical public administrative theory as the early form of organizational theory and accompanied by three main types of management: scientific, administration and bureaucracy. All of these management ideas are linked to different academics. `The scientific management was developed by Frederick Winslow Taylor (1856-1915); the American engineer in his â€Å"principals of scientific management†Read MoreManagement Theories1655 Words   |  7 PagesOrganization and Management Theories Heather Lunn-Howard HCS/514 11/3/2014 Jeani Thomas In this paper I will give an overview of four areas of management theory: Scientific Management, Human relations Theory, Bureaucracy, and administrative science. Along with some background on where each theory came from. Scientific Management Frederick Taylor, with his theories of Scientific Management, helped mold our modern management styles. In the early 1900s, FrederickRead MoreRules And Regulation Of A Bureaucratic Organization Essay1614 Words   |  7 Pagesimpact on other employees, who are working together to achieve the same goals. Rules and regulations have the utmost importance in any organization. Max Weber (1864-1920), is known as the father of the bureaucratic management theory. A bureaucratic organization is the type of management, which has a hierarchical structure of command. Bureaucratic organization works using formal rules. These rules are often known as standard operating procedures (SOP). The application of these rules is strict and unavoidableRead MoreCompare and Contrast of the Classical School of Management and the Human Relations School of Management1531 Words   |  7 Pagesclassical school of management and the human relations school of management The classical or traditional approach to management was generally concerned with the structure and the activities of formal organization. The utmost importance in the achievement of an effective organization were seen to be the issues such as the establishment of a hierarchy of authority, the division of work, and the span of control. The classical management focuses on the efficiency and includes scientific, bureaucratic andRead MoreClassical and Humanist Management Theories Essay1669 Words   |  7 Pageshumanist management theories have had a major influenced on modern theories of leadership. Making effective use of appropriate models and theories critically examine whether this is actually the case.† Civilization is the product of those who came before us. The evolution of today’s modern management thinking has grown and developed since nineteenth century and flourished during twentieth. The twentieth century is just part of revolution management theory which started from classical theory, rangingRead MoreCompare and Contrast of the Classical School of Management and the Human Relations School of Management1545 Words   |  7 Pagesclassical school of management and the human relations school of management The classical or traditional approach to management was generally concerned with the structure and the activities of formal organization. The utmost importance in the achievement of an effective organization were seen to be the issues such as the establishment of a hierarchy of authority, the division of work, and the span of control. The classical management focuses on the efficiency and includes scientific, bureaucraticRead MoreWeberian Bureaucracy Essay1417 Words   |  6 Pageswe view and operate within the boundaries of public administration. Max Weber was the father of bureaucracy that eventually developed into what we now know of as public administration. Weber actually was the first one to coin the term bureaucracy and use it to define the way things at the time operated, or his ideal version of what an ideal utopian workplace would operate. In a Weberian Bureaucracy, there is a clear and rigid division of labor that clearly identifies and defines the tasks and dutiesRead MoreClassical Theory, Bureaucracy and Contingency Theories Explained1591 Words   |  7 PagesThe earliest contributors to our understanding of management theory include practising managers and social scientists. More recent theorists have tended to be academics or management consultants. The early the early theorists can be divided into two main groups- the practising managers, such as Taylor and Fayol, and the social scientists, such as Mayo and McGregor. The Classical Theories The classical management theory is a school of management thought in which theorists delved into how to find

Life Of A Child Of An Immigrant - 968 Words

Life of a child of an immigrant My parents both came to this country at a very young age. My father was 16 when he first moved to the U.S. and my mother years later moved when she was 19. I am a child of immigrants and it was hard growing up. I consider myself a Mexican American or Chicana. I grew up in the suburbs of Los Angeles and later moved to Las Vegas. As I asked my father what he had to deal when he first moved he said â€Å"people would discriminate me just because I couldn’t speak well English and because of my brown skin†. â€Å"I was only 16 and wanted to live the American dream, but it was more like hell in America†. A lot of people are discriminated every day just because they aren’t Caucasian/white Americans, but they’re still American they live here and have a living here. I lived a happy childhood in California I never had an experience with racism and discrimination, until I moved to Reno, NV for school. I went to a Donald Trump co nference to rally the event. A middle age man approached me and started shouting to me and some friends to â€Å"go back to Mexico!† I later yelled back I’m an American just like you I was born in the U.S. He kept saying vulgar words to me and started to tell me if my parents are immigrants so am I, I am an anchor baby. The term anchor baby started to get popular because of the candidate Donald Trump. The American heritage dictionary of English language definition is considered an offensive word â€Å"Used as a disparaging term for a child born toShow MoreRelatedShould Undocumented Immigrants Be Deported?1196 Words   |  5 Pagesundocumented immigrants be allowed to live in the U.S without the fear of being deported and losing their families? Undocumented immigrants who move to the U.S to help give a better life to their families should not worry about being deported. Undocumented immigrants risk their lives crossing boarders, just to give their families a better li fe. Not all undocumented are rapists, drug traffickers or any of the other things Donald Trump has said about the undocumented immigrant. Undocumented immigrant lawsRead MoreSelf-Induced Abortion Essay1171 Words   |  5 PagesAn immigrant woman regrets getting pregnant and wants to abort her child. The immigrant woman fears of being deported back to her country, so she decides to abort her own child without going to the Hospital to get a proper procedure. Immigrant women, like this one, are deciding to abort their own baby instead of leaving the procedure to medical experts. Many consequences arise when immigrant women used different types of methods to abort their child because the fear of deportation or being shun byRead MoreIllegal Immigrants And The United States Essay1594 Words   |  7 Pageslegal and illegal immigrants originate to the United States. From all around a world, individuals want to arise toward America for an improved existence for them and their families. Am erica is a freedom-oriented country, where everybody has right how to live their life in their own conditions. I myself, I remain immigrant as well. I came to U.S.A. 5 years ago. American culture remains actual diverse somewhat from other cultures. In this country, we all get the liberty to live our life. The United StatesRead MoreAre Children Of Illegal Immigrants1107 Words   |  5 PagesAre Children of Illegal Immigrants Entitled to a Public Education? Waking up in a homeland, a state or province, or a place of familiarity is a given for most kids, but what if one day, by no fault of their own, a child was to be uprooted and taken to a new world, so to speak. They are taken from all that they have known and been thrust into a new way of life for their family. The country, the culture, the language, the life style, and even the education is all new. Their family has chosen thisRead MoreChildren Born in the U.S. to Illegal Immigrants Should NOT Become American Citizens925 Words   |  4 PagesLegal Children Children born in the U.S. to illegal immigrants should not become U.S. citizens. Many pregnant immigrant women are illegally coming into the country just to have their babies. These women get free medical attention for themselves and the baby. This is costing the U.S. millions of dollars every year. It’s time to end the policy that illegal immigrant mothers can stay in the U.S. just because she has given birth to a child that is now a citizen. These mothers cross the borderRead MoreAre Children Of Illegal Immigrants1122 Words   |  5 PagesEssay Are Children of illegal immigrants entitled to a public education? Yes, as a matter of fact, they are! Their parents work for minimum wage and still pay taxes, therefor their child should be able to attend public school. How many Americans don’t work and live off the system, but yet their child still gets a public education? Most minors are placed under the care of the Department of Health and Human Services which offers education rights. After a while the child will be released into the UnitedRead MoreImmigration And Immigrants : The United States Essay1175 Words   |  5 Pages Immigration and Immigrants At this time, the United States has allowed more immigrants to enter the country than at any time in its history. Over a million legal and illegal immigrants take up residence in the United States each year. I am the immigrant, too. All the other countries people like to come here for the better lives for them and their families. America is a freedom-oriented country, where everyone likes to live. I came here 3 years ago, first, I did not like it, but it is good inRead MoreThe Immigration Of The United States Essay1641 Words   |  7 Pagesnewcomers can help America grow. There is a growing debate about immigration in the United States; some natives believe that the immigrants are adding to the country’s diverse background and providing more culture while others believe that the new coming immigrants are taking away opportunities for those already living in the United States. Despite the few beneficial changes immigrants bring to America upon entering, the negative aspects t hat affect the lives of many Americans each day, far outweigh the positivesRead MoreDifferent Perspectives Of Immigration And Discrimination1378 Words   |  6 Pages In a world filled with multiple cultural identities and differences, little is known as to why a survey of racial citizens discriminate against those of immigrant backgrounds. For instance, when an immigrant leave his/her native land to establish permanent residency abroad. As this individual begin to familiarize him/herself with this new country, a number of people who religiously consume this place, are not as open to familiarizing themselves with this person of unchained difference.Read MoreImmigrants And The United States Essay1215 Words   |  5 PagesImmigrants have been migrating to the Unites States for years. Many people in the United States have different opinions on immigrants: some are negative and some are positive. Some Americans assume that immigrants are here to destroy the United States, but immigrants are here for many purposes: to support their families, succeed in their future, or to escape violence occurring in their home countries. Many Americans think that once an immigrant has settled in the United States that he or she will

Role of Material Culture in Contemporary Graphic Design Free Essays

string(66) " set uping elements in a manner to impact the senses or emotions\." This survey explores the function of material civilization in humanistic disciplines and design category at colleges in Singapore. Normally, pupils in a modern-day in writing design category face many troubles peculiarly in synergistic creative activity of humanistic disciplines and design. Basically, this survey tends to place and analyse the advantages of utilizing material civilization in a modern-day in writing design category. We will write a custom essay sample on Role of Material Culture in Contemporary Graphic Design or any similar topic only for you Order Now Furthermore, this paper besides attempts to plan an effectual course of study that will fulfill the demands of utilizing material civilization in a modern-day in writing design category. Concurrently, in writing design schools today face ever-increasing demands in their efforts to vouch that pupils are good equipped to come in the work force and voyage a complex universe. Research indicates that material civilization can assist back up larning refering civilization and past histories, and that it is particularly utile in developing the higher-order accomplishments of critical thought, analysis, and scientific enquiry. But the mere presence of material civilization in the schoolroom does non guarantee their effectual usage when it comes in adding cogency and substance to graphic design survey. This survey explores the assorted ways material civilization can be used to better how and what pupil learn in the schoolroom peculiarly in originative design and humanistic disciplines. Furthermore, this paper pointed out the usage of material civilization as an effectual acquisition tool in analyzing past history and civilization is more likely to take topographic point when e mbedded in a broader instruction reform motion that includes betterments in instructor preparation, course of study, pupil appraisal, and a school ‘s capacity for alteration. In this survey, the research worker investigated several variables that may act upon the development and advancement of pupils in different modern-day in writing design categories at colleges of Singapore. These included perceptual experiences of job trouble, originative designing, value of art, and quality of work. The research worker believes that enabling the pupils to utilize material civilization aided by the process in in writing design will ensue in effectual acquisition and apprehension in originative design and provides quality design and art. This research will analyse and look into the function of material civilization and personal perceptual experience of the pupils in Singapore. This shall include a treatment on the positive and negative variables related to material civilization and modern-day in writing design, an analysis of public presentation of the pupils in school in relation to material civilization was besides conducted. Particularly, the research will concentrate on analyzing the function of material civilization in modern-day in writing design provided by the school instructors/administrators. Basically, the consequences of the survey will take the research worker to the development and invent an effectual course of study in humanistic disciplines and design with regard to material civilization in in writing design. Problem Statement This research worker finds the necessity for a survey that specifically tackles the effects of material civilization in modern-day in writing design at Colleges in Singapore. Specifically, this survey intends to research the important impact of this stuff to the Colleges in Singapore that are related in modern-day in writing design. It will show the public presentation of the pupils by placing failings and inefficiencies and urging solutions. Basically, the job of this survey is about conventional methodological analysis in learning which used a dry lector is truly dull and takes a batch of clip to complete a modular or course of study of each subject depending on lector capablenesss, accomplishments, handiness, temper and pupil indulgent of what their idea. That is non effectual for pupils to acquire an effectual manner to larn, there is a demand to acquire a new and effectual attack since material civilization may now touch the cultural and historical value of a certain art or design. The intent of utilizing material civilization in a modern-day in writing design category is to develop a better acquisition than conventional method in colleges but through the early opposition, it emphasized their ability to appreciate art and larn it cultural and historical value execute the complex undertakings needed in modern-day in writing design. Through material civilization pupil can develop a bond and apprehension of one ‘s traditional civilizations that motivate ocular communicating pupils to make strong cultural individuality in writing design. Furthermore, this survey will seek to reply the undermentioned questions: Can apprehension of one ‘s traditional civilizations motivate ocular communicating pupils to make strong cultural individuality in writing design? Can material civilization attention deficit disorder cogency and substance to graphic design survey? Aim This survey seeks to understand to the full how pupils ‘ consciousness of their traditional civilizations might be the factor that motivate them to research and research their civilizations as a in writing design subject. Hypothesiss This paper will work on the undermentioned hypothesis: Material civilization in in writing design category in colleges dramas important consequence to the pupils ‘ consciousness of their traditional civilizations. Material civilization in in writing design category in colleges has important consequence to the memory keeping of the pupils when it comes in analyzing traditional civilization. Since it is exciting, disputing and merriment to utilize, so it encourages pupils to analyze the material civilization once more and once more. Material civilization has important consequence to the larning betterment of the pupils since it attaches to one ‘s traditional civilization. Definition of Key Footings Graphic Design- Graphic Design is the procedure and art of uniting text and artworks and pass oning an effectual message in the design of Son, artworks, booklets, newssheets, postings, marks, and any other type of ocular communicating ( hypertext transfer protocol: //www.geemultimedia.com.au/glossary.asp ) . Material Culture- Material Culture is a term frequently used by archeologists as a non-specific manner to mention to the artefacts or other concrete things left by past civilizations. An archaeologist therefore can be described as a individual who surveies the material civilization of a past society ( www.encyclopedia.com ) . Art- Art is the procedure or merchandise of intentionally set uping elements in a manner to impact the senses or emotions. You read "Role of Material Culture in Contemporary Graphic Design" in category "Essay examples" It encompasses a diverse scope of human activities, creative activities, and manners of look, including music, literature, movie, sculpture, and pictures ( www.encyclopedia.com ) . Education- Education encompasses the instruction of specific accomplishments, and besides something less touchable but more profound: the conveyance of cognition, good judgement and wisdom. One of the cardinal ends of instruction is to leave civilization across the coevalss socialisation. ( www.encyclopedia.com ) Knowledge- Knowledge includes, but is non limited to, those descriptions, hypotheses, constructs, theories, rules and processs which to a sensible grade of certainty are either true or utile. ( www.encyclopedia.com ) School-A school is a type of educational establishment. The scope of establishments covered by the term varies from state to state. ( www.encyclopedia.com ) Reappraisal of Literature World history has witnessed the birth, development, and accomplishments of the most gifted people. These people have their distinguishable gifts and country of command – literature, political relations, humanistic disciplines, scientific discipline, and so forth. Still, much of their success can be traced back to the sort of life and personality they had. Childhood experiences, support from people around them, environmental influences and personal motives frequently determine how a talented individual makes usage of his innate abilities to go an of import figure in his chosen field of expertness. The universe of humanistic disciplines is one of the most interesting subjects of survey. This field normally includes some of the most curious people who can show their personalities through alone pictures, sculptures, and drawings. Art instruction is culturally identified as a capable country that enables pupils to utilize their imaginativeness and creativeness to bring forth pieces of graphics from a broad assortment of stuffs. This designation may besides include the survey of celebrated creative persons and their well-known graphics ( Oliver, 2010 ) . On the other manus, the cultural individuality is constructed through assorted marks and symbols that the civilization property to art instruction. Symbols include art devising stuffs ( The Culture of Education in the Visual Arts, 1999 ) . These stuffs that are attached to one ‘s civilization were known as â€Å" material civilization † . Material civilizations are going known to the instructors in modern-day in writing design because of its motivational consequence to their pupils in analyzing civilization and art. In in writing design category, art symbol with regard to stuffs are important. An illustration of art instruction symbols are the assortment of medias- both two and three dimensional that are used to exemplify capable affair. In add-on to more practical symbols of art instruction are the human-centered symbols which may include linking with creative persons and their work, both modern-day and historical ( The Culture of Education in the Visual Arts, 1999 ) . The art and trades around communities, in shops and on postings will ever be a symbol of a contemplation of art instruction ( The Culture of Education in the Visual Arts, 1999 ) . Another aspect of making a cultural individuality is to reflect on the cultural rites that are frequently associated with art instruction. The most evident rites include the assorted procedures that are employed to do art. It is of import to retrieve that such rituals/processes are influenced by the geographical location of the school territory ( Oliver, 2010 ) . Another cultural rite attributed to art instruction is the physical presentation that the art instructor must supply for pupils in order to learn them specific techniques. This presentation frequently includes safety safeguards as rites that the pupils will so purely employ to make art without aching themselves with the tools in the devising ( Oliver, 2010 ) . Other ritual distinctive to art instruction is the pattern of reviewing pupils ‘ art work, frequently done by the whole category in order to supply constructive feedback and unfavorable judgment of the finished piece of art. One concluding rite that should be imperative to an art instruction plan is category field trips to museums, galleries, and creative persons ‘ studios that connect the acquisition of art in the school to really sing art in the community ( The Culture of Education in the Visual Arts, 1999 ) . It is of import to link these cultural rites and symbols of art instruction to non merely demo how they produce a cultural individuality, but besides organize a sense of societal solidarity among pupils, instructors, and communities ( Oliver, 2010 ) . The ocular humanistic disciplines or the in writing designs are humanistic disciplines that we see. It has its ain language-the linguistic communication of feelings, emotions and thoughts without words. We could detect the universe outside and inside us through ocular humanistic disciplines. The ocular creative person through mute can pass on with us when he creates ocular work of humanistic disciplines like painting. Paintings and plants of art in general are meant to travel us, particularly in ways that words frequently ca n’t. Graphic designs inspired by stuff civilization play a major function non merely in academic intents but besides in wellness and Medicare related facet and in the community every bit good. It develops the intelligence and the overall personality of the pupils. Furthermore, in writing designs inspired by stuff civilization besides provide meaningful self-expression of all pupils. It is used in therapy processs for helping kid development. It assists in educating handicapped kids, particularly those who are unsighted and have hearing jobs. And eventually, ocular humanistic disciplines besides help in edifice communities and mural undertakings. In analyzing in writing designs inspired by material civilization, it shows that ocular humanistic disciplines and cultural individuality are related. The cultural individuality is constructed through assorted marks and symbols that the civilization property to art instruction. Methodology This subdivision of the research proposal discusses the methods to be used. This illustrates the method of research that identifies its pertinence. Likewise, the subdivision illustrates how the research was to be implemented and how to come up with relevant findings. Furthermore, this methodological analysis portion of the research underwent into several phases. In the research design, the research worker collected informations from pupils and instructors in some Colleges in Singapore that are utilizing material civilization in their in writing design category. At the clip of informations aggregation, the research worker gathered and amount upped the informations acquired from these resources. Study Puting In conformity to the end of this survey i.e. to look into the function of material civilization in modern-day in writing design, the research worker decided to carry on the probe in 10 Colleges in Singapore. Basically, in these 10 chosen schools in Singapore, a random sample of 10 pupils each will be chosen. The pupils to be included should be familiar to graphic design and material civilization. Research Design By and large talking, there are two research places, frequently call paradigms, which research workers can take from. The first is the quantitative paradigm in which research worker efforts to understand causal relationship of bing phenomena or efforts to spot the cogency of the theory in a peculiar societal context ( Creswell, 1994 ) . And since one of the intents of this survey determine the function of material civilization in modern-day in writing design, the quantitative research place is taken here because it is appropriate for the research intent. Aside from this, the 2nd attack, called the qualitative paradigm, is non chosen. Actually, as indicated in the paper of Daymon A ; Holloway ( 2002 ) , the qualitative design the research worker assumes this place and efforts to understand a peculiar societal phenomenon by utilizing the histrions ‘ frame of mention. In add-on, informations are presented non in numerical signifier but in existent words which is in contrast to the purpose of this research. There are few research schemes that frequently used for carry oning research such as study, instance survey, action research, Ethnography etc. Harmonizing to Yin ( 2003 ) , there are three conditions to be considered for taking an appropriate research scheme i.e. : The type of research inquiry The extent of control an research worker has over existent behavioral events. The grade of focal point on modern-day as opposed to historical events From the paper of Saunders, et Al. ( 2007 ) , study attack frequently uses questionnaires to roll up a big sum of informations from a ample population in a extremely economical manner. Therefore, the study attack is normally able to use a more representative sample among a monolithic population for the survey, seeking to accomplish generalisibility of the consequences. The instance survey, nevertheless, harmonizing to Denscombe ( 1998 ) , is an probe that focuses on elaborate, in-depth descriptions and analysis of one or a few administrations. This attack is usually use to research the phenomenon by in-depth informations gained in the research context. This implies that the research consequences gained by instance survey can non be generalized to a larger population due to that the probe scope is limited. By sing this restriction of instance survey attack, the research worker opted to take the study method. Population and Sampling Plan The sample size consists of pupils, who are the logical key source related closely to the issue under probe, every bit good as the instructors totaling to 10 topics. There is no ground to believe that 10 instructors is non a big adequate sample size because ultimately it is this person who works straight with the issue and instructors has the most intimate cognition of the topic. Basically, the study respondents are asked sing their perceptual experience towards material civilization and in writing designing and pupil ‘s public presentation. In kernel, Guilford A ; Fruchter ( 1973 ) argued that in taking sample sizes, the Slovin ‘s expression should be considered. Therefore, in choosing the sample size ( 100 pupils ) in this paper was identified by Slovin ‘s expression. The Slovin ( 1960 ) expression is given as: Where: e= needed mistake border ( percent demand for non-precision due to the usage of the sample as an option of the population ) . N= size of population n = size of sample Data Collection Procedures Yin ( 2004 ) provides six different beginnings of informations aggregation that is normally used in instance survey methodological analysis, which include certification, archival records, interviews, direct observation, participant observation and physical artefacts. The information aggregation method uses study and interview that is to take topographic point with the pupils and instructors, as these are the closest people working with the topic under examination here – Material civilization – and should function as the key source. In add-on, pupils are besides surveyed to understand how they feel about the usage of material civilization in their in writing design category since the instructor may supply colored information, nevertheless accessing the pupils is capable to the permission of the instructor who acts as the gatekeeper. If appraising the pupils is possible the study that pupils will make full out will be left on the instructors ‘ desk where they can make full it out and return it to a bead box in a closed envelope without a name or other placing information. The inquiries for the employees are created after a thorough reappraisal of literature. For certification that refers to secondary information about the material civilization and in writing designing, such considerations have been taken to cut down concerns as they would otherwise refer to bias or the dependability and cogency of the findings. Trusting on certification are used even if the pupils do take part since it strengthens the findings further ( Yin, 2003 ) . Documentation specifically includes public presentation studies and records, or books and journal articles discoursing material civilization and in writing design. Accessing of the instructor is traveling to take topographic point by first, directing the school an lineation of the survey and ethical content signifiers and arrange meeting, through the telephone or MSN given geographical restraints, to explicate what it is the research wishes to make and how it will profit the organisation. Ultimately, what the research worker wants to make is spot how preparation is able to increase pupils ‘ public presentation and the mechanisms that school in Singapore has in topographic point to guarantee this. Executing the above measure is utile since the gatekeepers are traveling to desire to protect the involvements of their pupils and the organisation ( Holloway A ; Walker, 1999 ) . Overall, the attack above is based on dialogue, which as research workers note, â€Å" Access is negotiated and re-negotiated throughout the research procedure † ( Gubrium, A ; Holstein, 2001, p. 301 ) . The instructor was besides assured that confidentiality à ¢â‚¬â€œ by non let go ofing information that they do non desire to be released — and namelessness – by utilizing anonym for pupils, participants and scenes — will be secured ( Daymon A ; Holloway, 2002 ) . It is non unreasonable for the instructor to take part in the survey given the stairss executed above which are suggested by research methodological analysis practicians. Finally, research inquiries are based from the literature as is suggested by research methodological analysis practicians. Datas Analysis To find the perceptual experiences of the pupil respondents refering to material civilization and in writing design, the research worker a set of guide inquiries for the interview and prepared a questionnaire. A non-threatening questionnaire in nature that can be completed within 30 proceedingss are considered. The respondents graded each statement in the survey-questionnaire utilizing a Likert graduated table with a five-response graduated table wherein respondents are given five response picks. The tantamount weights for the replies are: When the full information consumer responses have been collected, the research worker used statistics to analyze it ; and was assisted by the SPSS in coming up with the statistical analysis for this survey. For the inside informations gathered from diaries, an rating was drawn in order to place the function of material civilization to modern-day in writing design. Furthermore, this research will use the several statistics in order to find the differences between their perceptual experiences towards the impact of material civilization on pupil ‘s public presentation and art grasp. As stated above, the research worker was aided by the Statistical Package for the Social Sciences ( SPSS ) in the devising and creative activity of the statistical analysis for this survey. SPSS is one of the mainly and extensively accessible and powerful statistical package bundles that has a extended scope of statistical patterns, which permits a research worker to sum up information ( e.g. cipher standard divergences and agencies ) , identify whether there are major differences between groups ( e.g. , ANOVA A ; t-tests ) , observe relationships among variables ( e.g. multiple arrested development A ; correlativity ) and graph end product ( e.g. line graphs, saloon charts, pie chart, etc. ) ( Sauders, Lewis A ; Thornhill 2007 ) . Reasoning Remarks Significance This survey will be a important enterprise in advancing civilization consciousness among in writing design pupils. This survey will be good to future leaders. By understanding the demands of the pupils and the benefits of quality instruction, these practicians will be assured of a larger advancement public presentation. Furthermore, this research will supply recommendations on how to value pupils as they are taking a big portion in the overall public presentation of the school quality instruction. This survey would besides be of aid to those school and market scientists who are interested in happening out the societal deductions of the roar and the flop stages of the school industry. Furthermore, pedagogues can derive from this survey, as they find the connexion between how they have designed their course of study and what are the existent demands of the citizens. In that manner, they would be able to do immediate alterations, if necessary, or continued betterment of their plans, through farther surveies. Furthermore, it is hoped that this survey would assist the pupils to better acquisition and grasp accomplishment through Material civilization in Art and Design at colleges in Singapore because Material civilization has many advantages/effectiveness such as keeping and motivational factors in conformity to the tilting behaviour of pupil. Therefore, pupil can travel profoundly into each subject countries they need to larn without lector engagement because material civilization is related to the history of the humanistic disciplines they are comprehending. Furthermore, this paper introduced of import alterations in our educational system and gives a immense influence to the manner we communicate information with pupils. It would do them as an active participant in their ain acquisition procedure, alternatively of merely being inactive scholars of the educational content. Apparently, this research besides hoped can provides an chance to derive a greater apprehension of the factors that impact on the pupils ‘ experiences of material civilization in larning procedure. Finally, this survey would profit future research workers in the field of the, instruction, humanistic disciplines and design direction, concern and the societal scientific disciplines since it depicts the hereafter of the school industry and its varying effects to many sectors of society. Restrictions This survey will merely cover material civilization as portion of analyzing modern-day in writing design in humanistic disciplines and design for the college pupils in some colleges in Singapore. Basically, this paper will merely cover pupils selected from semester 1, conducted from some colleges in Singapore. As there are legion issues environing the school, this research will chiefly analyze plan development and public presentation advancement. The result of this survey will be limited merely to the informations gathered from books and diaries and from the primary informations gathered from the consequence of the questionnaire study and interview that will be conducted by the research worker. As the research was completed in a comparatively short period of clip other factors and variables are non considered. This might hold an impact on the consequences of the survey. Basically this research survey will enable the research worker to plan a quality course of study that will fulfill the demands of the pupils. How to cite Role of Material Culture in Contemporary Graphic Design, Essay examples

Fahrenheit 451 Bradburys Fears Essay Example For Students

Fahrenheit 451: Bradburys Fears Essay Fahrenheit 451: Bradburys FearsIn the book Fahrenheit 451 the author Ray Bradbury is concerned aboutmany things and I think his fears are exaggerated. In the book he writes abouta time in the future where firemen were paid to set books on fire. There aremany fears that he has that are related to this. One of his fears is people all people being unhappy because there are nobooks. In the book he not happy and he says I kept sitting there saying tomyself, Im not happy, Im not happy. Im sure if there were no books somepeople would be unhappy but not everyone as in the book and only the people wholiked books who be unhappy. Mildred was unhappy but see didnt like books. Another one of his fears his people forgetting important things becauseof having no books. Such as when Mildred forgets to tell Montag Clarisse diedand when Montag asked his wife when and where they met and Mildred replied Funny how not to remember where or when you met your husbandr wife. Peoplewould most not forget important things because off books being censored. He most fears censorship and all of his other fears are related to thisone. He fears that the government will censor books and other things. In theFahrenheit 451 books are censored because different people dont like certainbooks. I think that the government will always censor things but not because afew people dont like something. In conclusion I think Bradburys fear was exaggerated because in myopinion most of the things that happened in the book would never happen in reallife. The things that could happen probably would not have been as bad as inthe book. English

Stereotypes about Homelessness in America in Dumpster Diving by Lars Eighner Essay Example For Students

Stereotypes about Homelessness in America in Dumpster Diving by Lars Eighner Essay Stereotypes about Homelessness in America in Dumpster Diving by Lars Eighner Lars Eighners short essay, Dumpster Diving, reveals the stereotypes about homelessness in America. In order to confirm these known stereotypes about American culture, Eighner includes autobiographical accounts of the economically inferior class, as well as revealing his elitist rules that governs the life of a homeless person. According to Eighner, homeless people fall into the following categories, can scroungers, Dumpster divers, and scavengers. (Eighner, 1993). In addition, Eighners blatant demonstration of his superiority to the people he scavenges from reveals his true character of snobbery. We will write a custom essay on Stereotypes about Homelessness in America in Dumpster Diving by Lars Eighner specifically for you for only $16.38 $13.9/page Order now Although Eighner reveals that his chosen lifestyle was to live on anothers refuge, he kept in accordance with his acts of superiority and snobbishness by excluding himself from the term Dumpster Diving. Instead, he preferred to be called a scavenger because of its frankness in the term. (Eighner, 1993). Furthermore, Eighner, explains that there are rules to abide by when successfully scavenging through dumpsters, using the senses†¦knowing the dumpsters of a given area†¦. and Why was this discarded? It is the explanation of the three guidelines Eighner asserts to be superior to can scroungers (Homeless people who rummage through the dumpsters for money). The author further elaborates his snobbishness by revealing that he has tried the heinous lifestyle of can scroungers, and deduced that only a few dollars could be obtained. Moreover, Eighner states, one can extract the necessities of life from the dumpsters directly with far less effort than would be required to accumulate the equivalent of cans. (Eighner, 1993). The author stereoty. .ghner, 1993). It is the authors belief that consumers are aware of their consumption, as well as realize how wasteful they are with food in general For the students who do not fit into Eighners wasteful category, he presents a grouping of frugal consumers who, carefully wrap up even the smallest leftovers and shove it into the back of the refrigerator for six months or so before discarding it (Eighner, 1993). Through the essay, Dumpster Diving, Eighner impresses his superiority by illustrating disinterested people and their lack to complete certain tasks the author is skillful at. His disdain and impudence of students†¦ Eighners autobiographical essay not only shows the degradation homeless people indure, but his personal snobbery of those around him Works Cited Eighner, Lars. Dumpster Diving. http://www1.broward.edu/~nplakcy/docs/dumpster_diving. htm

Financial Public Relation Essay Example

Financial Public Relation Essay Example Financial Public Relation Essay Financial Public Relation Essay Financial Public Relations What is Financial PR? Simply put, communicating with the financial public is known as financial public relations. But, then, if all publics are equal in the eyes of PR, how do some publics come to gain special importance with the same PR? In fact, these special publics are quite sizeable in number and form dominant groups in the domain of financial public relations. They matter more to the organization although no PR and management can ignore any public, and effective communication with all of them is essential for the existence of the organization itself. In general, the financial public, who are of immediate concern to the organization, comprise the following: i) the registered shareholders; i) the investing community including potential shareholders with available funds for spending or saving; iii) the direct financial community consisting of banks and financial institutions, stockbrokers, and a variety of key players in the global money market, individual or institutional; iv) the financial and economic press in particular should include a large number of newspapers, trade journals other publications and the electronic media in general, who evince interest in economics and finance; and v) the audience in the market scenario comprising the business community, politician, customers, employees, and on specific occasions, the general public. Rol e of Financial PR : The role and importance of corporate and financial public relations has come for revaluation against the backdrop of intense communication activity in the financial sector. A sense of vision, objectives, values, styles and appreciation of its own role are the guiding factors for the PR in the centre stage. PR has several avenues of exposure and success to perform its role in the widening canvas of financial public relations. A few examples: i) Assist the company in achieving the corporate objectives. One of the most important considerations for any company is to look after the interests of its shareholders. (There are many companies which do not even respond to their shareholders’ enquiries. One can imagine the plight of their customer). i) Effective communication can play a crucial role in creating investor awareness. It can give a boost to the share price provided the campaign is backed by good performance thereby encouraging business development. iii) The host of communicat ion tools at the command of PR are essential to any company going public whether in the private or in the public sectors. PR communication, in good and effective form, can provide the opportunities to deliver correct messages to all those involved in the evaluation of the financial performance of a company. iv) In the overall communication activities, it would be necessary to identify the status and role of PR in the financial management of the enterprise. Here, the top management would be required to acknowledge the role PR can play in the realms of raising of capital, tackling capital resources and ensuring business development on a continuous basis. v) PR has to be adept in the management of change in the context of the challenges and opportunities of PR tools and methods in the fast changing financial services. vi) In its own professional interest of business as a whole, PR must come to full grips with business finance. In fact, many PR persons have been ruined by financial illiteracy while dealing with the financial media. The financial picture of the company should be crystal clear to PR persons and they will be expected to understand key financial statement. Primarily, any PR person involved in financial communication should possess the accountancy concepts and accounting language, and acquire the basic knowledge of important accounting terms. Some of them are: Structure of Balance Sheet and Profit Loss Account. Return on capital employed and return on shareholders’ capital. Gross Profit, net profit and taxation issues. Control of working capital and liquidity. Cost concept. Depreciation expenses. Investment and Dividend. Market Capitalization, debt and equity. Profitability index. Budgets and plans. Key strategies and operating concepts. The Press The Press will continue to play an ever- increasing role as a means of communication by companies to various categories of investors and the financial public. The press activity helps the shareholders, potential investors and analysts to maintain a record and understand the performance of the company on the financial front. Media Relations An effective media relations programme aimed at creating a suitable environment for sustained and honest relationship between the company and the media is an essential requirement for the success of any business enterprise. PR has to make a judicious selection of newspapers, journals and electronic media as also billboards, hoarding etc. towards gaining the support of the investors and for boosting the image of the company and its public issue. A checklist for the Media Plan will be helpful in achieving the objective, that is, to make the most of a media plan. REACH: How far does the projected media information provide a picture of the real situation? Available data cause more confusion than clarity. ATTENTION: Innovative steps through electronic media are restricted but instant. In press, the possibilities are endless. Both must co-exist, each with its own advantage. DURABILITY: Press advertisements have a better longevity. TV, on the other hand, might carry a lasting impression in the mind AUDIENCE: Press can attract serious reader on a sustained basis. Electronic media has the attraction of bringing newer breed of people to its fold. INFORMATION: Press can easily pack in much more detailed information which the Financial reader constantly need. TV can flash the bare essentials Which are just not enough. Press Release Press releases are a traditional method of handing out information and is a useful tool with the PR professionals. Two important factors in a financial press release are: a) The released story point of view that is, the news may have an impact on the share price of the company. Even change of guard at the helm of affairs may create a flutter in the market. b) High news value press releases have to be sensitively handled in favour of the company. ) Press releases are to be made according to the needs and available space of particular publications. For instance, specialist financial and economic journals and newspapers can easily accommodate quite a long, sizable story whereas some others will have little or moderate space. Therefore, there is need for subdividing a release into long and short hand-out s. d) A golden rule in dealing with the press is not to rush out with a press release until opposing factors have fully been taken into account. Many times it has been observed that a defensive release on an issue when the matter is under surveillance by the press just adds the proverbial fuel to the fire. However, in financial press releases, it pays to be free and frank; keep the initiative but avoid clever tricks and cheap gimmicks to impress or win over the press. Press Kit Preparing an appropriate press kit, specially in the event of a financial press conference, is of crucial importance. What should go into a press kit? Checklist for an ideal Press Kit a) A major press release is always expected at a major press meet which normally sums up the event. b) A bunch of photographs will be useful. These may include portraits of newsmaker and general, sometimes specific view of production or service operations, product photos etc. Instead of photos, or in conjunction with photos, an artist’s depictions of a physical object are effective as well. c) Brochures and biographies are useful hand-outs. Brochures, in addition to providing a succinct history of the organization, must give detailed financial particulars in which the media will find background information about the company. Biographies must pertain to achievements of the top management persons in achieving the financial goals. d) It is a good idea to provide a text or summary of the speech of the main speaker in the press kit. This simplifies the job of the media people and they appreciate it very much. The speaker has to stay quite close to the circulated text during his actual speech, otherwise, there may be confusion leading to inaccurate reporting. e) Annual Report of the Company providing balance sheet and a statement of profit and loss account of the company during the last one year. A question-answer session will be used to clarify points mentioned in the text of speech or when the journalists make reference to issues which are related to the main topic or to the functioning of the company. This is risky ground which has to be treated cautiously. Annual Report An annual report is the most essential and first-hand communication to introduce the company to the financial public as well as to financial collaborators. It is an obligation on the part of the management to present audited accounts of the company before the shareholders at the annual general meeting. The annual reports would have passed through phases of dynamic changes but the basic requirements are: i) Chairman’s speech. ii) Report of the Board of Directors. iii) Balance Sheet. iv) Profit and Loss account. v) Auditor’s Reports.

Government Contract Warranties Essay Example | Topics and Well Written Essays - 1750 words

Government Contract Warranties - Essay Example (Worthington; Goldsman, 363) The prime objective of warranty in a Government Contract are to demarcate the privileges and obligations of the contractor and the Government for defective goods and services and to promote quality functioning of the product. Normally, a warranty is required to provide a contractual right for the rectification of errors with regard to acceptance of the supplies or services by the Government. Besides, the cost of warranty should not outweigh the expected benefits to be derived out of it. It order to make it easier the pricing and enforcement of warranties, the contracting officer is required to specify in the terms and conditions of warranty the scope of privileges and obligations of the contractors; the prescribed remedies in case of violation of the condition of warranty; the duration of the warranty; time limit for notification of the discovery of defects. Besides the consistency of the warranty clauses are also to be verified. (Subpart 46.7- Warranties) It is common that the words 'warranty' and 'guarantee' are used in such contracts interchangeably. The origin of both the terms has been traced to the same concept, which indicates 'to guard'. Both the terms are similar since both indicate a bunch of obligations to be fulfilled by the provider as a component of the purchase contract, or imposed on the provider legally. Warranties have been categorized as express and implied warranties. The express warranties indicate the assurances to provide necessary after sale follow up to the product either in writing or orally. Express warranty indicates a particular statement of fact or a promise. Contrary to this the person assuring warranty-the warrantor-never expresses the implied warranties. In some type of contracts such warranties flow automatically and implied by the law. (Chapter Eight: Guard Duty-Warranties) Primarily the implied warranties are of two kinds such as implied warranty of merchantability and the implied warranty of fitness for a specific purpose. The implied warranty of merchantability indicates that while selling a product, being an esteemed seller, it is legally implied that the item is sufficient and complete for the objective for which it is obtained by way of purchase or lease. However, the implied warranty of merchantability is applicable only when the seller is in the business and dealing with the item under question. The implied warranty of fitness for a particular objective is another kind of implied warranty that indicates that any seller is assumed to assure that the products sold is suitable for the specific purpose for which it is being sold, when the buyer discloses the purpose, and the seller feels that the buyer is dependent upon him in choosing a suitable item to fit his purpose. (Chapter Eight: Guard Duty-Warranties) In case of Government Contracts the warranty terms are mostly written, so as to fall under the category of express warranty. The express warranty generally concerned with the quality of products so as to assure whether they perform the desired function or cater to the particular specifications, if they are suitable for the intended purpose for which they are obtained; the period up to which the manufacture is obliged to repair or replace the components and the relevant terms with regard to this, etc. The warranty may also deal with the ownership of goods-whether the ownership lies with the seller or transferred legally to the

Compares the treatment of a theme or the ethics of a character Essay

Compares the treatment of a theme or the ethics of a character - Essay Example Glengarry Glen Ross was welcomed by various reviewers as an â€Å"outcome of American cupidity and ethics†, as a â€Å"sharp†¦reflection of corruption†, as depicting â€Å"American religious malaise†, and as a presentation of the fact that â€Å"greed and gluttony are the steam engines that drive North American entrepreneurship† (Quinn 23). In a later cerebral view, Roundane Mathew wrote that â€Å"materialism and ravenousness form the never center of the play† and that the novel shows that â€Å"public issues† and â€Å"business transactions† control â€Å"the persona’s secretive world†. In the Lay of the Land the importance of this for ethics cannot be hyped. Having strolled for twenty-five-hundred years in a miasma of their own creation, philosophers have now been given an opportunity to achieve not only a fully reasonable understanding of good, but also a full pleasing perceptive of the things that are good. The sense of dissatisfaction that has clutched on to ethics with the god will fade away as intellect discover what character has always known, that there things sufficient to make life worth living. David Mamet’s wordsmiths, such as landed property seller Shelly Levene articulated in monosyllabic words the panic and steep poetry of their struggling lives. Levene’s anxiety (the italicized words) in the novel call attention to the hard-sell core of the salesmen’s lives as they ward off failure in the guise of loss of influence, respect, leads, sales, closings, bonuses, new deals, and even the job. As per Levene, words bring to surface the character’s fear, greed, and extreme anxiety. Levene jubilantly announces that he has sold some land, which would put him temporarily ahead in the sales contest. But his joy is ephemeral too: his colleagues tell him that the clients, to whom he sold the land, the Nyborgs, are in fact crazy and simply like talking to salesmen (Kissel 212). They

Depression in mothers Essay Example | Topics and Well Written Essays - 1250 words

Depression in mothers - Essay Example Depression among women has been known to be caused by a myriad of issues that affect the world globally and in the local communities. This is especially in the third world, where poverty is one of the leading causes of depression among mothers and women in general, unlike other factors that affect the first world and other well to do women that have all their basic needs. Poverty has led to depression amongst many women following the lack of basic needs to sustain a comfortable life, even at the lowest level of just being alive and having a meal on the table, as well as clean water to drink. This is in addition to having access, to health and medical facilities in order to cater for the overall wellbeing of women and communities in question. However, due to the sensitivity of the issue, we shall dwell more on the depression of women as they tend to shoulder the burden of poverty, especially in Africa. Studies show that African women are more likely to contract type 2 diabetes than wo men with greater economic resources or wealth only serves to show the impact of poverty on depression in African women (De Groot et al 172). The above studies approach depression in poor African women from the perspective of coming from a poor environment, where their depression is a reaction to the said environment. In addition, poverty is considered to be the strongest factor leading to depression amongst mothers with young children, especially considering their inability to provide for their young (Grant et al 1). This also includes the lack of suitable facilities, in which to live, which, in turn, leads to insecurity. The whole situation of depression revolves around the concept of poverty, especially in the third world, which covers most of the globe and Africa is a major concern followed by parts of Asia. Oxfam as an international organization works towards the wellbeing of the global society by working to eliminate overtly across the globe. As a result, it can be taken to mea n to be an institution that works towards bettering the lives of women and lowering the risks of depression among women and mothers. The Oxfam website can be considered to be substantially user friendly with the ease of use and navigation along the lines of the information it provides. With this in mind, the institution’s website provides bulk of information on its role on an international scale to improve the lives of those caught up in poverty. Considering this, Oxfam labels poverty as a condition that can be eradicated off the face of the earth and have all members of society living comfortably. The above is because; Oxfam works with vulnerable people in the face of poverty to overcome their difficulties in making ends meet in relation to food, education, development and citizens’ rights, as well as climate change, where those affected receive assistance from the organization to improve their lives substantially. The website provides information on how one can work together with Oxfam to alleviate poverty by donating to the organization for the good of the society, a means that can be viewed as a one that caters for the depressed women. This is through the collection of financial and other forms of resources that are used to put up facilities to improve their livelihoods considering their vulnerability to poverty (â€Å"Oxfam†). In the third world, especially Africa, this translates to fewer depressed women following the delivery of

Adverse Possession: Law and Effect

Adverse Possession: Law and Effect Rebecca McKittrick To adequately address the controversy between whether or not adverse possession in England/Wales and positive prescription in Scotland are similar in effect, the law in both jurisdictions must first be discussed. Only then can the effects of same can be established and compared. When a property owner fails (within a specified time frame) to evict a squatter[1] from their property their title is extinguished, as a result they cannot recover possession. This is the essence of the doctrine of adverse possession. Adverse possession is by no means a novel or modern idea. Traces of this doctrine can be found back as far as Roman law with uscapio and longi temporis praescriptio, with common law roots dating to the feudal times.[2] As with all law, it has evolved and advanced through the use of both statute and case law. Thus a doctrine permitting the acquisition of ones land by another has long since been created. Perhaps one of the most interesting aspects of this doctrine is the rationale behind it. One such notion is that there is a pragmatic expectation that any property owner will assert their title against any and all intruders.[3] The argument goes that if property owners fail to affirm their rights against the trespasser then they are not a responsible owner, thus are not entitled to own the property. This echoes the legal maxim vigilantibus ton dormientibus lex succrit the law will only assist those who remain alert, not those who sleep. Additionally the policy considerations[4], the quieting of title[5], are adhered to. Some commentators have noted that this doctrine mutates a squatters initial wrong (theft) into an eventual right (land title).[6] Thus, it must be questioned whether there is value in upholding such a doctrine, due to its somewhat controversial nature, which notably evokes a strong emotional response due to the misconception of it as little more than legal theft.[7] A s a result of avoiding the obligation of payment for land, by engaging in this more primitive acquisition of it[8], squatters are often portrayed in a negative light such that they are stealing the patch of another.[9] This highlights the inevitable debate of the validity of such a doctrine for why should a person not be free to do whatever they so please with their property, even if that means doing nothing? Nevertheless such discussion for present purposes will not be furthered. The present law on adverse possession in England was initially formalised in common law in 1962.[10] In spite of this, as noted earlier, the law has been subject to alterations and evolutions through a number of leading cases.[11] As a result, although the current law does fall within the doctrine of general limitations, the infamously flexible judge-made law must be consulted for the relevant principles. In a sense the law of adverse possession is similar to that of criminal law there are two fundamental requirements, one physical and one mental. In adverse possession there must be factual possession and animus possedendi, the latter being the more contested issue in practice. As commentators have noted, much academic and judicial ink has been spilt in trying to determine in what circumstances possession could be deemed to have taken place and when it was also adverse'.[12] In the case of McFarlane[13], Mr Justice Slade spoke about what is necessitated by the requirement of animus possedendi. Ostensibly it was noted that the squatter must possess the intention to exclude the world at large, which inevitably includes the true owner, so far as the law will allow and is reasonably practicable.[14] It should be noted that for a significant length of time, what exactly the squatter had to intend was quite unclear. It is evident from the case law that different judgments purported differi ng requirements. For example it had been held that a squatter couldnt simply intend to possess the land, this of course was a requirement but, they must also intend to exclude all others from it (including the paper owner).[15] Subsequently it was emphasised that the requisite intention was simply that the squatter intended to possess the land.[16] Thus the question arose as to whether or not intention to exclude, in addition to the intention to possess, was an aspect of the animus possidendi requirement. Recently the House of Lords clarified the matter wherein it was held that the requisite intention was simply the intention to possess.[17] The courts must consider several factors in order to establish animus possidendi. These factors go beyond simply the nature of the actions undertaken by the squatter and the evidence as to their intention. The courts must identify whether the possession was adverse, as well as whether the acts of the squatter were such that the intention to possess was unequivocal and that this intention was made clear to the world. If the courts establish that these actions were in fact equivocal, that the intention was ambiguous or simply not made plain then the claim for adverse possession will fail.[18] The squatter must be in possession of the land in a manner inconsistent with the true owner before the time period will run.[19] It has been noted that possession with consent of the paper owner will not usually give rise to adverse possession[20] and prior consent will prevent the limitation period from running[21]. Nevertheless, there are certain contestable situations that may occur in practice . The issue of implied consent[22], and whether or not there was a granting of a license[23] are just two examples of how consent can affect the outcome of the individual case. In order to substantiate a claim for adverse possession the squatter must, in satisfying the requirement of possession[24], establish a sufficient degree of physical control over the property.[25] The notion of a sufficient degree[26] evolved throughout the case law, similarly to the test to establish it. Interestingly these disputes can occur in a wide variety of circumstances. For example there have been cases indicating the possibility of adversely possessing a specific portion of a house[27]. The courts apply an objective test relating to the nature and quality of the property, seemingly however no consideration or variation will be afforded by virtue of the status of the parties to the case.[28] Evidently any possession must be open[29], actual, continuous and exclusive[30]. In applying the objective standard to exclusivity the physical enclosure of land is relevant but not determinative[31]. Generally fencing will satisfy the requirements of factual possession. However, the purpose of the fencing will be taken into account. For instance if the fencing was in place to enclose livestock, as opposed to preventing access to the property, it will not satisfy the prerequisite for a claim of adverse possession[32]. In the Adams[33]case Mr Justice Laddie delved into the nature and purpose of fencing. This discussion can be interpreted as meaning both entry and exit from the property. Notably the squatter need not maintain the fencing for the purposes of both. Nevertheless, fencing is presumably the most self-evident form of factual possession[34]. It is clear that although no variation is given in accordance with the situation of the parties, there is variance dependent upon the na ture of the property being possessed[35]. Consequently a person can be held to be in possession of property by cultivating land[36], shooting over it[37] or by simply leaving it vacant[38]. Thus it is clear the finding of adverse possession is circumstantial. As a result the main issues in practice is the determination of whether the acts undertaken are sufficient to constitute possession[39]. Additionally, in accordance with common sense, it must be noted that the acts of possession need not necessarily inconvenience the true owner[40]. To mandate such a requirement would potentially, and it is submitted most likely, result in an action being brought against the squatter much sooner. Therefore a lot, if not the vast majority, of cases of adverse possession would be prevented from ever reaching fruition. Following from this it is clear that a mere act of trespass will, notwithstanding the variance depending upon the nature of the land, be insufficient to warrant an adverse possession claim[41]. The doctrine of adverse possession gained much clarity with the Pye[42] decision in 2006. Herein Lord Browne-Wilkinson purported that reference to adverse possession should be avoided as much as possible. The rationale being that by doing so, a lot of the confusion and complication that arises would be avoided. It was submitted that in such cases there is a simple question. The court, it was asserted, need only answer whether the squatter dispossessed the true owner by being in ordinary possession of the property, without consent, for the required time period. Throughout his judgment Lord Browne-Wilkinson seemingly claimed there was an over conceptualisation of the doctrine of adverse possession. In relation to the debate as to what constitutes adverse possession, he suggested that what needs to be established is whether the possession is without the owners consent. This case adopted the approach in McFarlane[43] wherein the nature and use of the property was the key test. Thus to sa tisfy factual possession one seemingly need only have sufficient custody and control for ones own use[44]. As noted earlier, the effect of the doctrine is governed by both statute and case law. Although the precedent set out above plays an important role in the deciding of cases, new statutory changes[45] have significantly limited the scope of this doctrine. It has been suggested that this restriction is to be commended for creating a more rational and secure footing for the law.[46] The new law provides for circumstances consistent with the system of land registry wherein titles can be abandoned or registered under certain acts. The 2002 Act[47] addressed concerns regarding the ease at which an individuals property could be adversely possessed[48]. Thus with the enactment of the legislation came a significant change such that the burden shifted from the true owner[49]. Prior to this reform, the paper owner had been required to remain alert and ensure their land was not being adversely possessed. As per the 2002 Act[50] however the squatter now bears the burden such that they must have a dverse possessed the property for a minimum of ten years before making an application.[51] The true owner can, of course, protect their title by objecting to the application. This objection will render the application incomplete. If the squatters application is rendered incomplete, they need only remain in possession for a period of two years before they can re-apply. There are different options available to the true owner in the event of an application[52]. If the paper owner chooses to ignore or confirm[53] the application then the squatter will be registered as the proprietor. The 2002 Act[54] also provides for serving counter-notice[55]. This requires the registrar to operate under paragraph 5 of Schedule 6. As a result a squatter may not be registered in place of the true owner irrespective of whether they have established factual possession or not. However his is subject to three exceptions[56] which highlight not only the equitable principles intrinsic to the doctrine but als o the policy considerations upon which it is premised. Although possible to identify numerous categories within the doctrine itself[57], it is clear that the requirements of factual possession and intent are at the heart of understanding its effect. The fact the squatter must show that they had the intention to possess the land and put it to their own use, as well as proof of physical possession illuminates both the equitable and legal transfer of property rights by the creation of an added dimension. The aspects present in establishing adverse possession, as discussed earlier[58], are of utmost importance regarding the effect of this doctrine. As seen throughout the case law, in reality it is these elements which determine the outcome of the case. Thus they dictate the effect upon the individual and the disputed property. Positive Prescription: Law and Effect Positive prescription is the existing system of land acquisition under Scots law, the name given to the hybrid legal system in Scotland. There is an interesting difference in development between Scots Law and the English common law system. Scots law does not simply follow suit as so many other jurisdictions do, rather they created principles consequential to the work of French and Italian scholars, with Roman law proving particularly influential[59]. Whilst some commentators have noted the similarities between the nature of Scots law and that of other jurisdictions (namely Sri Lanka and South Africa)[60], it did in fact develop, as part of the ius commune[61], with influences from both civil and Canon law. Unsurprisingly, due to both proximity and relationship, Scots law has inevitably also been affected by the influence of common law[62]. Therefore certain similarities may be drawn. Nevertheless it must be noted that Scots law is a very unique, distinct native system wherein legislation is king. Interestingly the first of the legislation governing positive prescription, a creature of Scots law, is from the sixteenth century.[63] Similarly to adverse possession, prescription has roots in Roman law wherein it played an important role regarding property law. Here title was acquired through possession, or where an individual failed to meet the formalities which would deny such appropriation[64]. Initially the rationale was established to distinguish between prescription granting title and that preventing a claim of title against the squatter. As noted, positive prescription had many muses one of which was Canon law. Herein a great deal of importance was given to the bone fide[65] possession of the property. Positive prescription is unlike adverse possession in the sense that historically its role was one of conveyancing, not a method self-acquisition or legal theft. Initially the legislation[66] simply had the effect of restricting the right to call on a possessor to produce his full progress of titles[67]. Effectively once the period of possession [68] was completed this was seen to be confirmation of title. If the period of possession was unfulfilled, the progression of derivative titles was incomplete. Subsequently the transfer of title would have been denied. Continuous, open, peaceable possession of a registered title (which is reflective of a real right) for 10 consecutive years (devoid of judicial interruption) will result in the indicated real right and this right will be free from challenge[69]. This exemption from challenge has been subject to much debate, nevertheless the modus operandi is to ensure secure title.[70] Notably in a discussion paper the Scottish Law Commission purported that a positive system of registration of title is no substitute for positive prescription.[71] They continued, focusing on the exemption from challenge. It was noted how registration of title simply makes a void title good but is subject to challenges, whereas prescription makes title good without recourse to challenge. Although the central ideology of system of positive prescription is to serve public interest[72] it may be viewed as a means of deprivation of property. Thus positive prescription, like the doctrine of adverse possession in England and Wales, has an important role regarding property ownership. That said, in Scotland by virtue of acquisition by prescription as per the 1973 Act[73], both possession and title are required. Contrarily the doctrine of adverse possession is such that the title of the true owner is lost via limitation. The Act further provides for circumstances wherein the title is registered in the land register or the register of deeds[74], or where it is not recorded[75]. The first of these situations mandates possession for a period of ten years, whilst the second holds a requisite period of possession of twenty years. The rationale, or objective, for the registry is similar to that of the model in England. Nevertheless there is a stark difference in the length of time mandated for possession. That said, in establishing either adverse possession or positive prescription what the court looks to is very similar if not identical. A Comparative Analysis of Effect In order to adequately assess the effect of both adverse possession and positive prescription we must first look to their justifications. Commentators have often noted that adverse possession simply executes what is deemed to be a pragmatic expectation which came into existence during a time where an individual would have to forcefully assert their title against intruders[76]. However this may be seen to be quite an archaic justification, and that in modern times the only purpose of such doctrines is to provide a legal form of theft. Additionally it has been purported that the law in this area is too harsh, especially in considering the human rights implications[77]. Nonetheless, there are in fact many valid considerations in favour of such laws, which in turn highlight the effect of the doctrines. The first justification to discuss is the infamous Lockean labour- desert theory. Locke asserted that an individual has a natural entitlement to land if it is used productively. In todays world, it is increasingly clear that land is a finite resource. Thus it is difficult to argue against the notion that property ought be granted to the useful labourer as opposed to the incompetent fainà ©ant. Although the context with which Lockes theory was concerned was unowned property, it seems to present a logical justification to the doctrines at hand. As briefly alluded to in the discussion of adverse possession, one justification for such a doctrine is in relation to the quieting of title. The policy concern is the continuation of markets, as well as the desire to minimise tensions and conflicts. Courts have held that the objective of any statutes of limitation is to prevent claims from arising after unreasonable amounts of time have passed[78]. If causes of action were unlimited by time restraints it would breach the basic rules of fair procedures and justice evidence could and would become lost, and memory by its very nature deteriorates with age. It could be said that this justifications retains elements of capitalism, however it serves to protect the innocent third party who purchases property whilst also providing pragmatic benefits (such as efficiency, registration and land use)[79]. Notably other countries, for example the United States or even Brazil, cite grounds including protecting development and initiative of the individual as justification.[80] As such it is important to note that in England and Scotland by the 18th Century most land had been enclosed[81] thus the concerns were in relation to the clarification of boundaries and titles. Which perhaps surprisingly, due to the reputation of the doctrines legalising theft, are in actuality the areas within which most cases fall. Interestingly in Scotland a landowners power is seen as intrinsic to the interrelationship with cultural symbols related to the land[82]. The notion of symbols having a sociohistorical significance (with it being connected to social standing and groupings) offers a different view to the effect of the doctrines. This understanding highlights that any decision made can and will have significant social consequences for the parties involved. In common law the doctrine of adverse possession was originally premised upon customs and traditions. Thus the systems of acquisition date back to the introduction of personal property. That said, they have since become more regulated and civilised. Although some commentators argue that the doctrine became ubiquitous only after the Norman conquest, with others stating its prevalence dates simply to British feudalism[83], it is self-evident that the possession of vacant land was an intrinsic part of the global development of civilisations. Likewise title to land can be gleamed though the open, peaceable possession of land (provided there has been no judicial intervention) via the doctrine of prescription in Scotland. Whilst comparing the doctrines of adverse possession and positive prescription, differences are apparent for example the specific time periods required for possession, the consequence of enforcing the expiration date, or even simply the basis of the doctrine itself. Nevertheless, in reality the application of the rules to factual scenarios leads to results and effects of great similarity such that they are often identical. Conclusion It is clear that courts have been faced with similar issues when dealing with cases of adverse possession and positive prescription. For example, issues arise in attempting to ascertain which acts of possession should be afforded the greater weight, or in establishing exclusion. As highlighted throughout the discussion, cases of positive prescription will not necessarily be determined using the same methodology as adverse possession. Adverse possession and positive prescription were established and have developed in very different forms nevertheless the effect of each remains the same. Positive prescription relies heavily upon the legislation, consistent with the approach of its native system, whilst adverse possession although makes use of legislation[84], relies to a large extent (as per the nature of common law) on case law. At first the doctrines seem to be completely distinct, however in reality the justifications and effects are of such similarity that in practice the doctrines could be interchanged without altering the result of the cases. Notably both doctrines have, at some point at least, taken the role of a guide for the other and it is submitted this will probably continue to be the case. Having evaluated the development, rationale and effect of the laws relating to adverse prescription in England/Wales and positive prescription in Scotland it is purported that, notwithstanding the difference in method and development, the effects of both are nigh on identical. Bibliography Ackerman W Johnson S, Outlaws of the Past: A Western Perspective on Prescription and Adverse Possesion Land and Water (1996) 31 Land Water L Rev 79 Accessed December 27th 2016 Ballentine, Title by Adverse Possession (1918) 32 Harv L Rev 135 Baron M, Weeks v Kyrsa: Cultivating the Garden of Adverse Possession (2010) 62 MeLRev 289 Accessed January 15th 2017 Bordwell P, Disseisin and Adverse Possession (1923) 33 Yale LJ 1 Bouckaert B and Depooter B, Adverse Possession Title Systems (1999) Buckley NF, Pye (Oxford) Ltd v United Kingdom: Human Rights Violations in the Eye of the Beholder (2007) 12 (4) CPLJ 109 Burns F, Adverse Possession and Title-By-Registration Systems in Australia and England (2011) 35 Melb. U. L. Rev. 773 Caterina R, Concepts and Remedies in the Law of Possession (2004) 8(2) ELR 276 Chalmers J, J A Pye (Oxford) Limited v United Kingdom: Deprivation of Property Rights and Prescription (2006) 10 EdinLR 277 Accessed December 12th 2016 Chen L, Whither adverse possession in Hong Kong? A comparative and statistical study (2014) 5 Conv 413 Conway H Stannard J, The emotional paradoxes of adverse possession 64(1) NILQ 75-89 Cooke L, Land Registration: Void and Voidable Titles (2004) 8 ELR 401 Accessed Janurary 9th 2017 Cusine D, Adverse Possession of Land in Scots and English Law (1996) 45 ICLQ 667 Dixon M, Human Rights and Adverse Possession: The Final Nail (2008) 2 Conv 160 Dixon M, Modern Land Law (8th edn, Routledge 2012) Donnelly C, From possession to ownership: an analytical study of the declining role of possession in Scottish property law (2006) 4 Jur Rev 267 Douglas, Acquiring Rights To Land by Way of Prescription (2012) TC Young Blog Accessed Janurary 28th 2017 Edney J, Human Territoriality (1974) 81 Psychol Bull 959 Ellickson R Thorland C, Ancient Land Law: Mesopotamia, Egypt, Isreal (1995) 71 CKLR 321 Accessed Farran D, The Principles of Scots and English Land Law. A Historical Comparison (W. Green Son 1958) Gardiner B, Squatters Rights and Adverse Possession: A Search For Equitable Application of Property Laws (1997) 8 Ind Intl Comp L Rev 119 Accessed December 12th 2016 Gravells N, Land Law (4th edn, Thompson Reuters 2010) Gray K Gray S, Elements of Land Law (5th edn Oxford University Press 2009) Gray K Gray S, Land Law (7th edn, Oxford University Press 2011) Gretton G, Case Comment: Privat

Understanding Huntingtons Disease Essay examples -- Health Medicine

Understanding Huntington's Disease Diagnosis of Huntington's Disease Today, a blood test is available to diagnose a person displaying suspected Huntington's symptoms. The test analyzes DNA in the blood sample and counts the number of times the genetic code for the mutated Huntington's gene is repeated. Individuals with Huntington's Disease usually have 40 or more such "repeats;" those without it, 28 or fewer. If the number of repeats falls somewhere in between then more extensive neurological and diagnostic testing are called for. Tests of the patients hearing, eye movements, strength, feeling, reflexes, balance, movement and mental condition will follow. The patient may also be asked about any recent intellectual or emotional problems. A computed tomography scan, positron emission tomography or magnetic resonance imaging techniques can also be prescribed. This is a painless diagnostic procedure that produces computer generated images of the brain's internal structures. Huntington's patients often show shrinkage in two particular areas of the brain, the caudate nucleus and the putamen, and enlargement of ventricles. Lastly, the discovery of an Huntington's disease genetic marker, enabled scientists to locate the Huntington's Disease gene on chromosome 4. These discoveries led to the development of an accurate presymptomatic test for detecting the presence of the HD mutation. People without symptoms, but with a family history of Huntington's often elect to undergo this testing to gain greater certainity about their genetic status. This also enables them to make more informed decisions about their future. Pre-symptomatic testing can be performed on adults, children and even unborn fetuses in the womb, raising ethical ... ...n worsen the condition by causing stiffness and rigidity. If the patient suffers from depression, the physician may prescribe fluoxetine, sertraline hydrochloride or nortriptyline. Tranquilizers can be used to treat anxiety and lithium may be prescribed to those patients with pathological excitement or severe mood swings. Works Cited Glass, M.; Dragunow, M.; Faull, R.L.M. (2000). The pattern of neurodegeneration in Huntington's disease: a comparative study of cannabinoid, dopamine, adenosine and GABAA receptor alterations in the human basal ganglia in Huntington's disease. Neuroscience. 97:3; 505-519. Lawrence, A.D.; Sahakian, B.J.; & Robbins, T.W. (1998). Cognitive functions and corticostriatal circuits: insights from Huntington's disease. Trends in Cognitive Sciences. 2:10; 379-388. For information regarding Huntington's Disease: http://www.hda.org.uk/

Common stock Essay

A1a. During the 12% bonds review the earnings per share common stock out totaled .103. The total was not enough to maximize the shareholders return. It was observed that the interest on the bonds would put them at $72,000. The interest on bonds was very high and could have contributed to the lower total figure. The common stock shares outstanding were at $975,000; which was a very low number. Compared to all the totals the 12% option had the lowest shares issued. During the 20% bonds review they totaled the earnings per common stock share at .197. This stock option was the second highest to the chosen 50% stock option. It looks like the 20% bond option was lower due to using $120,000 in bonds and $480,000 in common stock. The 40% bond option had earnings per common stock share of .181. The ending total wasn’t too bad but it wasn’t enough to maximize the shareholders return. The company acquiring $240,00 in bonds and $360,00 in common stock played a role why the figures went good enough to increase shareholders return. The 60% bond option had earnings per common stock share at .160. The $43,200 interest on bonds could have affected the earnings total. The income before tax and the tax income was a contributing factor to lower figures and results in the net income category. A2. Competition Bikes needs to analyze their capital budgeting. Businesses should acquire investments that are going to bring in more revenue but they have to make sure for the long term the investment is worth taking on. The cash inflows and outflows have to be looked at to determine what is best for the company. The company needs to see potential during the capital budget stage. In the story line management  decided that the most reliable data for a capital budgeting analysis is to estimate the number of product sales using the U.S. pricing and cost data. It is anticipated †¨that costs will be consistent in the new Canadian location. Net present value is capital budgeting used to examine the success with of a investment or project by using the present value of cash flowing in and the present value of the cash flowing out. It is used to determine profitability. It is a tool for management to see if the investment will bring value to their company. Projects and investments should only be taken on if the total number is positive or at 0. The company had a low net present value of -26,740 and the moderate net present value of 2,243. The sales forecasting indicates a range of outcomes as indicated by a low forecast and a moderate forecast of results. The recommendation would be for Competition Bikes to not take on the Canadian investment. Based of the low and moderate numbers if they are split in half they would still be in the negative. It is suggested if the net present value is not a positive number a company should not take on the investment or project. Internal rate of return is the rate of growth projected for t he investment or project. The story line advises Competition Bikes, Inc. requires a 10% return on capital (hurdle rate) to pursue a capital investment. The internal rate of return for the low demand was 8.7% and the moderate demand cash flow was 10.1%. The higher rate of IRR the more likely the company will generate a greater return. The recommendation for internal rate of return is for the company to take on the Canadian investment. A3. Working capital consists of current assets minus the current liabilities, it is the money left over to pay for the day-to day activities to run a company. It is an indicator of how many short assets they have to be able to pay off their short-term debt. If the working capital ratio is less than 1 the company has a negative working capital. A company should always want to be in above 1 for positive results. The current assets can be monitored daily or weekly to keep a close eye on the incoming cash flow to the account. Obtaining Working Capital Competition Bikes needs to obtain working capital quickly. The storyline suggests the cost to build the manufacturing facility is expected to be $400,000. (All figures are in US$) Working capital of $200,000 will also be necessary to support the operation. These two items have been considered as  the total investment in the capital structure analysis. They need to come up with $200,000 for the expansion operation. Competition Bikes can get a line of credit from a bank to obtain working capital quickly. They will need to negotiate the terms and amount of time they will be doing with the bank for the loan. Once they receive the payments in their accounts receivables they then need to turn around and the pay the loan down. They can consider getting a business cash advance to obtain working capital. Business advance loans have a quicker turn around time to receive the funds than a traditional bank loan. Most of the time the payment options are flexible depending on the companies specific needs. Competitions Bikes can go with a business advance loan normally receive a lower rate with fixed payments. Managing Working Capital They need to re-evaluate their account receivables procedures. They are taking almost 44 days to receive payment, they need to decrease their days to right around 30 for collecting payment. They may need to consider discounting to the customers that are paying the money on time. The company needs to consider charging penalty fees for accounts they are outstanding. Managing account payables is another way to manage working capital. They need to keep a good relationship with their suppliers. When picking suppliers payment and the terms of the contract need to be the number one priority. Paying the supplier on time and keeping an open line of communication is the key to managing the accounts payable. They also need to re-evaluate how inventory is handled to properly manage their working capital. The inventory and purchasing has to be reviewed to make sure they are bringing in the correct and defect free products and keeping track of them. They need to develop the first in first out method. They need to use the inventory longer that they had the longest. They need a security plan in place to make sure the inventory is accounted for and locked in a safe facility. Lease vs. Buy Competition Bikes has to make the decision whether they will lease a facility or whether they will buy in the Canadian expansion. For the leasing option the storyline advises 5 year lease financing has been offered at 6%. No down payment is required with this option but the $200,000 working capital must  still be internally funded. The leasing company would buy the building outright and then accept five $90,000 lease payments over 5 years. A $50,000 buyout option would be included so Competition Bikes, Inc. could choose to keep the location at the end of the five-year lease. To the lease the facility it will cost $283,752 after call calculations are done. They also have the option of buying an existing facility. The storyline advised Competition Bikes, Inc. found a suitable existing facility it could buy outright for $400,000 using one of the options from the capital structure analysis. The lenders require a $50,000 down payment. The working capital requirements and down payment must be internally funded. The purchasing option totaled the company out at $399,774. If the facility is purchased they had to factor in an $18,000 operational cost. In the story is stated the depreciation on the new asset will be based on a 10-year life. The building is expected †¨to have $200,000 value at the end of the ten years. The after cash flows of 80,439 at year 9, 81,743 at year 10, 83,125 at year 11, 84,590 at year 12, and 86,143 at year 13 all factored into the after cash flow. The tax rate of 35% goal is to preserve working capital. The leasing option is going to be less money and a better option for having a positive working capital. Merger vs. Acquisition A merger is when two companies mutually agree to become one company. They will them form one completely new company. If the merger they can offer a better robust product line. With the merger they also can bring in and appeal to a wider customer base than being just one company. The potential for increased revenue is an advantage to merging two companies. A merger can bring a better research and development element to the new company. The cons of a company merger can be increased prices. If there is less competition in the market and one company having monopoly power they can make consumers pay higher prices. A company merger can also lead to job losses for staff at both companies depending on the new business needs. The storyline suggests in a merged company the Canadian Bikes, Inc. shares will be exchanged for Competition Bikes, Inc. shares on a 3:1 basis. During the merger in year 8 for available common stock for Competition Bikes will have 31,286 while Canadian Bikes will have 24 ,200. After the merger Competition Bikes will 975,000 of the shares plus 1/3 of Canadian Bikes 200,000 shares outstanding. The earnings per share before the merger was .032 and after the merger the earnings would be .053; which is a .21 increase. The merger will increase shareholder value. An acquisition is when one company buys another company by taking over most or all of it. During an acquisition one company will consume total control over the other. The parent company will acquire or absorb a second company to further their businesses goal of market domination. An acquisition will give the parent company more market power and financial increase. During an acquisition they can also run into some challenges. A company can run into difficulties integrating two different companies and having them on the same page. Acquiring another can sometime be pricy. A lot of capital has to be raised before company negotiations can begin. The story advises Competition Bikes, Inc. has the option to acquire Canadian Bikes, Inc. at an offer price 30% above the Year 8 ending share price. If Canadian Bikes is acquired Competition bikes will have to pay $286,000 to acquire Canadian Bikes. The net present value of the acquisition would be -73,862, that number came from taking 212,138 of the present value and subtracting 286,000 of the offer price Competition Bikes would have to pay Canadian Bikes in the acquisition. Based off the statistical figures the final recommendation would be for Competition Bikes to merge with Canadian Bikes rather than acquiring them. The merger had a .021 increase in earnings per share while the acquisition would have Competition Bikes at a -73,862 in net present value. Net present value needs to be a positive number for a company to consider taking on a new investment.