Saturday, August 31, 2019

Hannibal and the Carthaginian Empire Essay

Hannibal was great and famous Carthaginian general. He is remembered for his great strategic skills on the battle field and as a great military chief. Born in late 247 BC, was the oldest son of Hamilcar Barca. In 237 BC, Hamilcar took his nine year old son, Hannibal, to the altar of a Carthaginian god and made him pledge eternal hatred to the Romans. Then Hannibal and his father left for Spain. The headquarters of Carthaginian power in Spain was the city of New Carthage. Hannibal saw immediately his father’s techniques for war . When Hamilcar perished in the battle of 230 BC, his son-in-law, Hasdrubal, became the military leader plus the political leader and continued Carthage’s pressure in Spain. In 226 BC Hasdrubal signed an agreement with the Romans. The agreement stated that neither army could cross the Ebro River in the northern Spain . When Hasdrubal was murdered in 221 BC, the Carthaginians collectively elected twenty-six-year-old Hannibal to be the leader in Carthaginian government and commandant of the army in Spain. After Hamilcar’s death Hannibal became an excellent military leader. â€Å"Under [Hannibal’s] control the Carthaginians made large territorial advances†¦Ã¢â‚¬  (I-cias). He learned quickly how to be a leader and with the support of his brothers he was able to succeed through his battles. Hannibal was crossing the Alps and was able to receive rations for a couple days. â€Å"On the third day he captured a Gallic town and provided the army from its stores with rations for two or three days† (Alps). He wanted the best for his army, but had little support from Carthage. Despite the number of men falling from the army due to natural disasters he managed to recruit others. â€Å"Even if many fell from his army during this march because of snowstorms, landslides, and attacks from hostile local tribes, he managed to recruit new personnel along the route. † His strategy was to respond quickly to these natural disasters and it helped him. Hannibal earned his success by enduring hardships with his recruits and reinforcements. Hannibal experienced many challenges including battle delays little amount of military equipment and a small number of reinforcements from home. Other military leaders knew he would not be able to handle a delay due to the lack of preparation he took for each battle. â€Å"He [Fabius, Roman Military Leader] believed that Hannibal lacked the equipment for a prolonged siege and that a delay in the battle would seriously reduce the Carthaginian food supply†. Rome believed that delays would end in the conquering of Hannibal because of the lack of necessities there was little he could do. Hannibal began to suffer during his career due to the lack of food. â€Å"Zama was the only defeat. Hannibal suffered in his military career† . After his defeat his enemies began to discover his weakness. Hannibal was running out of everything during the Battle of Cannae and his help refused to aid him. â€Å"Hannibal needed reinforcements, which the Carthaginian government refused to furnish, and he also lacked siege weapons† . Hannibal’s restrictions could have given him success, had he been willing to bargain with another force greater then his own. Hannibal was the instrument of his own undoing. Hannibal was set on being the conqueror and set on some one else’s defeat, which lead him to his own. His enemy, Rome, was the center of his downfall. He would never settle and there was no satisfaction between them. â€Å"†¦In 218, he clashed with the Roman army. The Romans claimed that this was a break of an existing treaty between Rome and Carthage and demanded Hannibal surrendered to them†¦the Second Punic War started† (I-cias). If Hannibal conquered Romans he would never be able to rule over. â€Å"According to legend, Hamilcar had made the young Hannibal swear on a sacred altar that he would remain an enemy of Rome for life† . Hannibal had made a promise to his father, therefore intending to go on with nothing. â€Å"The loss of the second city of Italy cost Hannibal the allegiance of many of his Italian allies and put an end to his hopes of further replenishing his army from their ranks† . Hannibal had lost it all. His hope had been limited at this point. Hannibal both succeeded and failed. He never won the hearts of the people; therefore he was never able to truly be victorious. Hannibal married a Spanish princess and conquered the surrounding land and took hostages from the adjacent tribes to assure their loyalty to him without crossing the Ebro River, except for the city of Saguntum, an ally of Rome. When Saguntum began trouble between Carthage and Rome in 219 BC, Hannibal invaded the city. This began the Second Punic War . After hearing the declaration of war Hannibal immediately starts off towards Rome. The problem was he had to go by land since Rome controlled the seas. Hannibal began a long and hazardous expedition across the Pyrenees and the Alps in August of 218, with battle elephants walking at the front of his army . In the spring of 218 BC, Hannibal handed over command of the Spanish armies to his brother Hasdrubal. He then led his troops north toward the Pyrenees Mountains and began one of the most famous journeys in history . Hannibal’s army included Libyans and Numidians from North Africa, Iberians and Celtiberians from Spain, and Gauls from Spain, France, and Italy. There were thirty-five thousand foot soldiers, twelve thousand horsemen, and fifty war elephants. Hannibal used the elephants to break infantry lines and to create fear and disorder. The elephants also frightened horses, so they were able to disrupt the enemy’s cavalry . In the Pyrenees, Hannibal encountered resistance from local tribes. He lost a lot of his men to fighting, and some of the mercenaries went home because they were scared of the long journey. With all this, Hannibal continued to move as quickly as possible, but bad luck fell into Hannibal’s lap as early snows and landslides kill many of his men and almost all of his war elephants . He enters Italy with only twenty-six thousand men and five or six war elephants in September 218. Hannibal and his troops spent the winter in Po Valley. In the spring of 217 BC When news of Hannibal’s army reached Rome, the Gauls of northern Italy revolted. They joined Hannibal in fighting the Romans. Now Hannibal had a sufficient army of infantry and cavalry. The Romans had plans to attack Carthage and New Carthage, but they had to be delayed because of the rebelling tribes in Italy and the approach of Hannibal. So the Romans sent troops under the command of Publius Cornelius Scipio, to stop Hannibal at Massilia . Massilia is on the French coast where the Rhone River runs into the Mediterranean Sea. The Rhone is a wide river with a swift current, so it was a great obstacle to Hannibal. Scipio’s troops set up camp by the sea, thinking that Hannibal would reach Massilia in the near future. But he did not realize how fast Hannibal was moving his troops . When Scipio received news of Hannibal, it was too late. Hannibal had moved his entire army across the Rhone, fifty miles north of Massilia . Although Hannibal’s army had been reduced to twenty-six thousand infantry, nine thousand horses, and five or six elephants, it was a great accomplishment to get across the Rhone. To transport the elephants, the men built rafts . When the Alps came into view, Hannibal allowed his army a few days to rest, because he knew that his army had doubts about crossing the Alps. Never before had elephants crossed the Alps. The army did not reach the Alps until late in the year, and many troops and horses were killed. Some troops who came from warmer climates died from the cold. Some troops died of hunger because food was short to come by. Others died in fights with mountain tribes. Some of the mountain tribes rolled big stones down the mountains and caused men and animals to fall from the narrow mountain passage .

Friday, August 30, 2019

Employee Involvement Essay

Why is a greater degree of involvement in employees’ personal lives inevitable in many international HRM activities? Explain using relevant illustrations. When an international assignment is not completed, necessitating a replacement of the expatriate, the cost of the failure to the organization are both direct and indirect. The direct costs include salary, training costs, travel and relocation expenses. The indirect costs could be loss of market share, poor relationship with the hosts. This is quite costly for an organization and therefore careful selection would be determined by the expatriate success rate in completing their assignments. Expatriate failure is primarily caused by error in selection. Historically, the selection of expatriates has been based on interpersonal factors of expatriates. For instance, Clarke and Hammer, (1995), found that interpersonal skills assist in the cultural adjustment of the expatriate and his or her family In the domestic setting the Human Resource department’s involvement with the employee’s family is limited. Most expatriate selection decisions are made informally because expatriate jobs require much more than the right skills. When an organization sends its employees to some other country, it takes over the responsibilities besides the basic functions of human resource management. They do not deal merely with the selection of the best employees for work in foreign countries but also have to be aware of the needs of the family that will accompany the employee to the new cultural environment. A lot of people taking on international assignments are unsuccessful since their spouses or families cannot adjust to their new surroundings. Hence it is necessary to organize training in the foreign language for the employee and his/her family. Also important is to organize everything necessary for the journey including visas. It is also important to prepare the residence in the new surrounding as well as to assure health services and enrolment into schools for the children of the employees. It is also important to find out if the spouse is working and whether they will be able to get a working permit in the new environment Particularly, as more and more spouses are working and children may not wish to leave their friends and other family behind, Aanne Harzing explains there are some companies that include spouses in the selection process, although this may be seen as a barrier to personal freedoms, to have the company so involved in the personal affairs of a given family. It may prove that preparing the family as well as the expartriate employee will reduce expatriate failure. Expatriate failure is the early recall of an expartriate from an assignment. In selection therefore, firstly is to ensure technical ability which is, does the candidate possess the required skills and managerial capabilities required to fill this position. For example, Hixon found that the expatriate selection was based on technical ability and willingness to reside abroad. Another factor is cross cultural suitability, will the candidate be able to function in the new environment, how adaptable is a person, does he have the requisite language ability, a positive attitude and emotional stability. There also may be family considerations, such as does the spouse and children see this assignment as positive experience. Another family experience is whether or not the spouse is working; the chances are quite high that the spouse will not be able to obtain a work permit in the assigned country. Owing to the above observations, the human resource department needs to ensure that the selection process is faultless by not concentrating only on the skills competencies but in the understanding that most failures on the expatriate assignments are actually related to the employees inability to adjust in the new environment and family factors. So when selecting, over and above the skills competencies requirement, it will be necessary to get involved in the personal life of the potential expatriate. This involvement will help the human resource department to access information including emotional stability, willingness to relocate, stability of the expatriates marriage, whether the spouse is willing to relocate, whether the spouse is working or studying and whether the children see relocation as good experience. If the children are school going.. The above information will be useful in planning the relocation process of the expatriate which will involve organizing appropriate travelling arrangement and getting adequate residence for post departure training and counseling when and if needed. It will also be important to get personal information on the spouse, on whether she’s working and if she would be willing to relocate even when at times it is not easy to get a working permit in the new country. Also whether the spouse may want to enroll for further studies. In the event of the spouse wishing to work then it will be the responsibility of the human resource department to get them a working permit and or enroll them in college. If the spouse has children, this information is important to the human resource department as they will need to enroll the children to schools albeit carefully since some learning institutions accreditation may not be recognized in the home country. If this is not carefully addressed it can have devastating effect on repatriation since the children will have to repeat classes and therefore loosing valuable time. This personal involvement goes as far as need to know the size of the employees family. This will assist in getting the right size of residence for the family. Again the human resource department will need to organize for health care and all aspects and all aspects of the organization package provided for the assignment. Expatriates and their families need time to become familiar with the new environment and to become comfortable living there. When they arrive, the newness of the experience is exciting. A few months later, when they have had more experience with the culture, expatriates might begin to feel frustrated and confudsed as they try to make sense of their new living situation. This feeling is’ culture shock’. At this point counseling services are necessary and the same should be availed by the human resource department. As expatriates get comfortable and understand more about the culture, usually six months after arrival, the culture shock will wear off, and they will experience a more normal feeling (Adler, 1997).

Thursday, August 29, 2019

Juicy Couture Advertising Analysis.

Typical high fashion advertisements consist of a beautiful female model, wearing the most expensive clothing, looking classy and elegant. Somewhere there is usually a toned gorgeous man looking at her in awe, also wearing incredibly fashionable clothing. These ads, however effective on the minds of the masses, are not the same approach the infamous Juicy Couture brand takes. Bought by all types of women, from mothers to teenage girls, everyone wants to be part of the Juicy phenomenon. Juicy Couture’s image isn’t the stereotypical wealthy, high fashion kind of depiction.They show a more mainstream glamour and luxurious wealth. Their bedazzled track suits and terrier crowned logo shows their abnormal high end fashion. However, the brand is still very fabulous and expensive being â€Å"Made in Glamorous USA† (â€Å"JuicyDeals†). The advertisements of Juicy Couture try to show this same kind of image. The usual Juicy advertisements are displays of a picturesqu e suspended girl universe, by reflecting a modern, girlish, avant-garde display with a whimsical kind of spirit (Brown et al). Interesting and bizarre, they never fail to catch the eyes of women and girls of every age and race.Juicy couture has a different and outrageous kind of style that never fails to tap into the needs and desires of girls all over. According to their ads, with Juicy couture women can be prominent, can dominate, and can definitely get anything they want. In 2009, Juicy ran an ad campaign titled â€Å"Do the Dont’s. † Each ad depicted models breaking the rules, being rebellious, and going against what is expected by society. One of the ads shows a women dressed in business-like attire, pale skin, and hair done up in a boy-like style. She is leaning against a man dressed in complete contrast to her.He’s tan and dressed in a more feminine fashion with long shaggy hair, a tulle skirt, and carrying a purse. He stands causally like a female with h is hip cocked out to the side. In the background you see a pink mansion like house, with beautiful plants and magnificent windows. Above them it says â€Å"Do the Dont’s. † Below that in light blue, the phrase â€Å"You can always get what you want† is written in messy-like handwriting. The items being advertised is everything from clothes, purses, jewelry, and perfumes. The purse and the fur coat, the socks, and the black dress are all Juicy Couture.Below their feet is the unmistakable â€Å"Juicy Couture† logo. In big, bold, fancy lettering, outlined in white. The overall name for the campaign is a striking small simple phrase that catches the eyes and can hook audiences in. On the ad it’s in black block lettering, at the top of the picture in a small type of font. To say do what is unexpected of you is something Juicy already does however, for this campaign, they are saying if girls want to be a part of this fun, superficial, girly, unrealistic world, you have to be different. When the line first came out it was different kind of high fashion that no one had seen before.They then incorporated that into their whole theme of their ads by showing a more unrealistic view of the wealthy with a forward-thinking view of fashion The house is a girly fantasy, being that it is pink, but it also shows how the pair are probably rich, and the rest of the house is just as wonderfully exotic as the two in front of them. It’s like they are a part of this beautiful world that only a few are able to see and to be like those in the picture it is necessary to be just as unrealistic as them. â€Å"You can always get what you want† is the main concept of the advertisement.In a bright blue color and it look as if it was hastily written on top with a paint brush, it is the first thing to notice. The phrase is big, bright, and takes up most of the page making it truly stand out. The two phrases correspond with each other. If you â₠¬Å"do the dont’s† â€Å"you can always get what you want. † Or â€Å"you can always get what you want† by doing the â€Å"dont’s. † The phrase implies that with juicy couture you can get whatever you want. The models in the background give the message even more of a meaning with how they look. They give off the air that they truly can and do have whatever they want.It is even written like the person who wrote it, didn’t care about what people think. Who wouldn’t want to have everything? Jib Fowles in an article wrote about how advertising use different types of appeals in advertising. Fowles says as a â€Å"need for dominance† and a â€Å"need for prominence† is one of the ways that advertisers pull people in. This advertisement feeds the desire for women â€Å"enjoy prestige and high social status† (65). Women aspire to control and want to be admired. These appeals are shown in just the catchphrase of the a dvertisement, never mind the photo behind them.Although the writing may be the first thing seen behind it is an abstract photo Juicy is famous for. The female model is in control, and strongly dominates the photo. Her direct gaze toward the camera is confrontational showing she is unafraid of power, her smirk saying she already knows she’s got it all. She stands in a firm yet casual pose showing she’s comfortable with her status, even though to some people it could be unsettling. She’s happy and at ease with her life and wouldn’t change a thing. These aspects make her more of a conformist which is opposite of what a women in fashion should look like.She causally has her arm on his shoulder further showing her dominance. He is like her pet, or maybe her play toy (Brown et al). She is prime example as to what Fowles says about prominence and dominance. This model obviously shows both with her strong contrast to her male counterpart emphasizes this fact even more. Dressed casually like a girl the male model’s chest is bare showing to the audience that he’s not trying to be a girl but he’s not afraid feminine side (Brown et al). They differences between our very strange couple also leads into the â€Å"Do the Dont’s† aspect of the campaign.A man dressing like a woman is definitely going against the grain. In most advertisements men are shown as the strong leader of the person who dominates, but here it is quite clear that he couldn’t care less about being in control or anything. He is perfectly happy with his life and how he is dresses. This isn’t what is expected of a man today, not in the least. The point of the ad is to sell the viewer not a single commodity but to convince the consumer that wearing their clothing will lead them to a new lifestyle (Fowles 62).The ads instruct them to do whatever it takes to get the glamorous life they want, doing the â€Å"dont’s† and â⠂¬Å"making a mess. † However, it also emphasizes the fact that Juicy Couture is â€Å"Doing the dont’s† with their actually clothing line. With outlandish fashion rules they are trying to get audiences to remember fashion doesn’t have rules, and Juicy took that idea to the next level with their own set of rules. Women don’t have to listen to the conventional rules about life or about what they wear. The ad plays on feminine desires to be better looking than everyone else, to be different and in control.It’s an effective ad campaign, using certain techniques’ to make it fun and smart, and has a message that women all over the world are willing to listen to. Work Cited Brown, AnnaLisse, Perry Esing , and Talia Tiffany . Do the Dont's Juicy Couture  n. pag. academic. reed. edu. Web. 3 Oct 2012. Fowles, Jib. â€Å"Advertising's Fifteen Appeals. †Ã‚  Common Culture. Ed. Micheal Petracca and Ed. Madeliene Sorpure. Seventh Edition. N ew Jersay : Pearson, 2012. 54-72. Print. â€Å"Juicy Couture History and Information. †Ã‚  JuicyDeals. Juicy Couture Deals, 2009. Web. Web. 3 Oct. 2012. ;http://juicycouturedeals. com/juicy-couture-history-and-information/;.

Wednesday, August 28, 2019

Presentation Essentials DB Week 3 Essay Example | Topics and Well Written Essays - 250 words

Presentation Essentials DB Week 3 - Essay Example XXII). The best way to overcome fear of public speaking is deep breathing as it will help in regaining control over emotions (Brooks, 2012, p.126). During class presentations, I always had a fear that I would say something that will make people laugh at me and I will feel inferior, and the laughter will become a moment of embarrassment for me. Due to this I used to avoid those courses and those teachers who used to give preference to presentations in class over other course work. Due to my fear of public speaking, I used to stammer a lot and the entire class used to laugh and make fun of me. Once my teacher came to me and told me that I should stop fearing the public while speaking and this would solve my issue of fear of public speaking. She said that all I had to do was to take a deep breath and wait for a few seconds, and soon I would start feeling calm and would deliver my speech

Tuesday, August 27, 2019

Investment Bubble Personal Statement Example | Topics and Well Written Essays - 2000 words

Investment Bubble - Personal Statement Example Virtually, a spiral sets in with more investment coming through causing more escalation in price of the said asset. Within few months price soars beyond imagination of all and the level of rationality. Even at this level, buying keeps supporting the price. Those who were not the part of this boom feel like having missed the bus and decide to plunge into it with all available resources. Soon, price reaches to a level, which cannot be justified by any of the known established investment theories even after discounting all future cash flow streams in a most optimistic scenario. Such a level of price cannot be sustained for a long period of time and discerning speculators start unloading at the peak of the heat. Price starts falling quickly and gullible retail investors who are in thousands cannot fathom that ‘bubble has burst indeed’ and hold on to their investment causing them insurmountable loss in the asset wiping their most of the capital. It will be worth exploring and to live some of the investment bubbles in a different class of assets across the world before identifying the key issues involved with an investment bubble versus a long term investment. Japanese Stock Market Bubble It will be interesting to track the movement of Nikkei 225 between the period of 1983 and 1991to understand how did the stock market burst eventually. The index which was hovering Source:http://www.chartsrus.com/chart.php?image=http://www.sharelynx.com/chartstemp/free/chartind1CRU.php?ticker=^N225 around 8,300 in 1983 peaked to more than 38,000 in December 1989. The boom period continued for almost 6 years giving a stupendous rise to the stock price. For many, it was a great period of investment giving them return of 500% or more. However, the bubble burst after that and index came down crashing to nearly half at 19,000 within a year. It plunged further down to 14,000 by third quarter of 1993. The most tragic part is that the exactly after 20 years Nikkei touched the sa me level of 8,300 that is where it started off in 1983. It was a complete reversal and complete washout of investment. (Japan Nikkei 225 2011) Investment Bubble versus Long Term Investment Above incident raises several issues worth contemplating. A common understanding among investors is that the investment always rises with time and with the expansion of economy, but here a totally different phenomenon has surfaced. Anyone who invested in Japanese stock market in 1983 and stayed with the investment until 2003 virtually had no return on his or her investment though it may be termed as a long term investment without resorting to any speculative activity. Investor is back to square one. This certainly defies the theory that a long term investment always pays. Japan has certainly progressed between 1983 and 2003 that is evident from the GDP figures. In 1983, Japan’s GDP was $10,987.22 (Japan GDP - per Capita 2011) in terms of purchasing power parity point of view which grew to $ 33,884.84 in the same terms. It is true that the bubble has burst but how to justify the same valuation even after 20 years. This indicates that the rise and fall of the investment is not always linked to the time and economic expansion in general. It is a quantum of the money chasing targeted asset plays a pivotal role in the appreciation of an asset. Bubble in Precious Metal In another class of asset namely Gold, the situation is again not much different. During economic or

Monday, August 26, 2019

Corporate Finance Research Paper Example | Topics and Well Written Essays - 1250 words

Corporate Finance - Research Paper Example Total numbers of shares are taken as follows: = Year end $ value / $10 of face value Working: = Total Earnings/ No. of shares = 441,000 / 31,800 = 13.86 approximately $14 Earnings per share = $ 14 Considering a 50% payout ratio, the dividend would be $7 The reasonable estimate of the 50% of the shares therefore would be: = 31800 x 50% = 15900 Estimate = 15900 x 86.95 Total Best Estimate = $ 1,382,505 Q#2 Market Structure and trading conditions The total market of the Polishing and other allied products are over $4.5Billion. The market is largely fragmented with many small to medium players serving different niches of their target market. Essentially, the market is distributed into three distinct categories based on product classification. Carlton falls under the category of Chemical suppliers supplying chemicals to independent distributors who then sell to the end users. The fragmentation of the market is also due to low barriers to entry due to low cost of production involved. Since, the market is typically divided into two broader classes of chemical supplies and cleaning machinery therefore the overall cost of producing is low. This is also reflected from the fact that the gross margin of Carlton is 44% suggesting that the cost of producing the finished goods is relatively low. However, net margin within this industry is relatively low mainly due to high marketing costs involved. It has been the industry practice that distributors once acquired are hard to replaced therefore it require higher resources and persuasion to list a distributor serving the competitors. Most of the costs, therefore, are incurred in marketing overheads therefore the overall net margins are low in industry as most... The fragmentation of the market is also due to low barriers to entry due to low cost of production involved. Since, the market is typically divided into two broader classes of chemical supplies and cleaning machinery therefore the overall cost of producing is low. This is also reflected from the fact that the gross margin of Carlton is 44% suggesting that the cost of producing the finished goods is relatively low. However, net margin within this industry is relatively low mainly due to high marketing costs involved. It has been the industry practice that distributors once acquired are hard to replaced therefore it require higher resources and persuasion to list a distributor serving the competitors. Most of the costs, therefore, are incurred in marketing overheads therefore the overall net margins are low in industry as most of the key players have negative growth rates in terms of their net income. Overall the market is competitive with no clear market leadership however; different players serve their target markets with moderate success due to long established business and consumer relationships strengthened due to delivering high end services. Historically, Co has profitable with consistent growth rates achieved in both revenue as well as profitability.

Corporate Governance Lab Report Example | Topics and Well Written Essays - 3250 words

Corporate Governance - Lab Report Example Capital flow seems directed towards the companies, which practice fair and transparent ways of governing their organisations. With the changing global business scenario the need of understanding and effective practise of fair and technologically advance corporate governance has also increased. ICAEW (2002) has explained corporate governance in a very effective and comprehensive manner as " Corporate governance is commonly referred to as a system by which organisations are directed and controlled. It is the process by which company objectives are established, achieved and monitored. Corporate governance is concerned with the relationships and responsibilities between the board, management, shareholders and other relevant stakeholders within a legal and regulatory framework." The discussion about corporate governance in Enron is based on the hypothesis that it was not the failure of governance mechanisms, which lead, to the collapse of Enron but the perversion of the governance model, which caused the disaster. Essentially, the basic issue was not fraud detection by the auditors but the alleged act of in concealment which done the damage. Nevertheless, there is still no conclusive empirical evidence in the literature about whether and how governance mechanisms influence the performance and the value of the firms; and, about how governance mechanisms interact (in a complementary or substitute way) (Bohern and Odegaard, 2003). Discussion: There has historically been a considerable difference between U.S. and U.K. owned corporations in their management and organisation. U.S. corporations have typically been more centralised, more professionally managed and [have had] more formalised bureaucracy. They have generally been seen as more aggressive and results-oriented. U.K. corporations placed more emphasis on relationships rather than formal controls, and appeared "amateurish" compared to their U.S. counterparts. Recent years have seen a considerable convergence of U.K. management styles with those of the U.S. Many of the largest British multinationals, such as GlaxoSmithKline and BP, have merged with or acquired large U.S. firms, and almost all leading U.K. companies derive substantial proportions of their revenues from the U.S. The differences in management style and culture have become far more nuance. Large British multinationals probably remain more international and cosmopolitan in their outlooks than their U.S. counterparts, slower to act and less inclined to adopt the latest management fads, and less ruthless in dealing with failure and under-performance. However, there is vast industry and firm differences. Both UK and US GAAP require purchase consideration relating to a business combination to be allocated to the net assets acquired at their fair value on the date of acquisition. Intangible assets: Under UK GAAP fair values are assigned to identifiable intangible assets only if the identifiable intangibles are capable of being disposed of or settled separately, without disposing of a business of the entity. Under US GAAP, identifiable assets

Sunday, August 25, 2019

Students Should Not Be Given Handicaps Essay Example | Topics and Well Written Essays - 250 words

Students Should Not Be Given Handicaps - Essay Example Teachers are obliged by training and a set curriculum to ensure learners at each stage grasp specific skills. As such, though fast learners may grasp such skills with little efforts, it is upon the instructor to use their training in ensuring the slow learners catch up to the required level of learning, while at the same time encouraging fast learners. In other words, the teacher would not limit the fast learners to the level of slow learners and at the same time may not alter the learning guide beyond the demands of the learning level. This implies that teachers may not limit the abilities of the fast learners but should try to lift slow learners to the minimum level of competency based on their level of learning. The basic principle is that teachers have to promote justice equally for all learners and treat the learners and their needs with justice (Koutselini, Trigo-Santos, and Verkest, 4). Therefore, instead of using handicaps, strong learners are at liberty to proceed at their pace of learning without pulling them to the level of the slow learners, as a teacher helps the weak learners to achieve the minimum requirements as per their learning levels.  

Saturday, August 24, 2019

DSS (Information-Technology) Essay Example | Topics and Well Written Essays - 1750 words

DSS (Information-Technology) - Essay Example DSS is usually designed as an interactive tool which receives input from the user end to compile, assist and guide in the decision making process. The reliability and accuracy of the DSS have been proved in various occasions (Shortliffe, 1987). This present research work deals with various applications of DSS in medical informatics. There is a growing interest in adopting decision support systems in health care. The application of information technology can improve the process quality by automation and minimizing errors drastically. It can rectify the problems associated with the existing technologies. A study was conducted to evaluate the impact of CDSS on the prescription costs (S.Troy McMullin et al 2004). The CDSS provides clinicians with adequate recommendations for the prescription process. The promotional activities of pharmaceutical companies influence the physicians in the drug prescription. They culminate in prescription of inappropriate drugs with high cost. These kinds of consequences can be overcome by the utilization of the automated systems since they provide guidelines based on preset facts and literature providing a cost effective solution. The CDSS WELLINX is one such example for this. The developed system guides the clinicians to choose a specific diagnosis and displays prescription relating to the condition. It works effectively in the decision making process cost effectively. DSS have been widely used and has also shown significant results in the patient outcomes. Studies carried out by shows CDSS improves quality of healthcare by providing accurate and timely diagnostic information. Once a system is derived taking into consideration all the requirements including the knowledge base it will prove good in the decision making process. Minimizing errors It was reported in a survey the prescribers had an error rate of 1.5%, a quarter of which may lead to serious effects (Dean B, 2002). Computerized systems for medicine or decision support system evolved as a result of repeated encountered errors; the UK and US government reformed the medical policy by depending on the information technological support and applications to minimize these errors. DSS improving decision quality In a study conducted (Vitali Sintchenko et al, 2004) on the impact of computerized decision support systems (CBSS) on antibiotic prescribing decisions, it was found CBSS improved the decision quality significantly. They graded the clinical impact score based on adoption rate and decision effectiveness and it was revealed from their work that DSS along with the microbiology report showed a high clinical impact score than the electronic guideline and electronic medical reports. Treatment guidelines Madhukar H. Trived et al, 2004 in his work describes the outlines the present use of computerized systems for implementing treatment guidelines and early use of a computerized decision support system for treating depression. It was found that the physicians'

Friday, August 23, 2019

DB 4 Management and Leadership Research Paper Example | Topics and Well Written Essays - 250 words - 1

DB 4 Management and Leadership - Research Paper Example In the case of an internet retailer that involves a lot of inventive technology, and organizational flexibility, I would draw on the mission of the organization, as this would allow me work with what to expect in the future, and what the employees must strive to portray in the long run. Working on the mission statement allows the organization function outside the existing boundaries, and instill more creativity among the employees. I will also be very positive and inspiring to my employees, as this is the only way that the cycle of goals, objectives and strategies will be complete (Cawsey, Deszca & Ingols, 2011: 121). Working with the sub-units in the retail organization would allow me devise a change process. Cawsey, Deszca & Ingols (2011: 121) argue that working with sub-sections allows for generation of emotional vigor, commitment, and clear direction of the ideal future of the internet retailer. Since an entry and consistency in the internet retail market requires that the change agents- leaders- dream big, I will endeavor to come up with exciting, concise and challenging visions. In this case, I will have energized and mobilized employees to undertake initiatives that will lead to the internet retailer one of the best shops in existence (Cawsey, Deszca & Ingols, 2011: 121). My mission statement will be, ‘†¦by offering quality services, we motivate and encourage our employees to continually offer the best to our clients...’ With this, I will have created a dream on the ideal future of the organization; thus, dictate the same shape of ideas to the attainment of the organization’s aims and objectives. Vision, therefore, is the basis of a stronger, better and a unique organization (Cawsey, Deszca & Ingols, 2011: 121).A change leader must always come up with a vision and a team that will be useful in the implementation of the

Thursday, August 22, 2019

History of Internet Essay Example for Free

History of Internet Essay The term ‘Internet’ was coined on October 24, 1995. However the origin of the internet and related concepts are much older. The present day Internet is the revolutionized face of the nascent day communication system and is the most successful examples of benefits of sustained investment and commitment to information infrastructure (Leiner et al. , 2003). The unprecedented integration of collaboration, dissemination embarked by a series of gradual changes that the society has undergone with respect to the communication and connectivity needs. As described by Kristula (1997), it was in 1957 that the USA formed ARPA (Advanced Research Projects Agency) within the DoD (Department of Defence) to establish US lead in science and technology applicable to the military. Until 1960’s, the computers operated almost exclusively in batch mode, where programs were punched on stacks of cards and assembled into batches for the data to be fed in the local computer center. The need for the time sharing system had already set the stage for research and development work to make the time sharing possible on the computer systems. In an article, Hauben (1995), stated that the time sharing system led the foundation for the Interactive Computing, where the user could communicate and respond to the computers responses in a way that batch processing did not allow. Both Robert Taylor and Larry Roberts, future successors of Licklider as director of ARPAs IPTO (Information Processing Techniques Office), pinpoint Licklider as the originator of the vision which set ARPAs priorities and goals and basically drove ARPA to help develop the concept and practice of networking computers. Licklider has been described as the father of modern day network, having laid the seeds of the Intergalactic network, the initial prototype of the Internet today. The vision of the interconnection and interaction of diverse communities guided the creation of the original ARPANET. The APRANET pioneered important breakthroughs in computer networking technology and the ability to collaborate and use dispersed resources (Winston, 1998). In 1962, Paul Baran, a RAND research worker introduced the concept of ‘Packet Switching’, while working towards the need of the U.  S. government to take command and control of any kind of nuclear attack. Packet switching was crucial to realization of computer networks and described breaking down of data into ’message blocks’ known as packets / datagrams, which were labeled to indicate the origin and the destination. Baran’s scheme was aided by telephone exchange methodology being used by information theory. The data was now sent in discrete packages around a network to achieve the same result – a more even flow of data through the entire network. The same concept also developed by British computer pioneer Donald Watt known as Davies’s Pilot Ace. Baran’s Distributive Adaptive Message Blockswitching became Watt Davies’s ‘Packet Switching’. The first host connected to the ARPANET was the SDS Sigma-7 on Sept. 2, 1969 at the UCLA (University of California in Los Angeles) site. It began passing bits to other sites at SRI (SDS-940 at Stanford Research Institute), UCSB (IBM 360/75 at University of California Santa Barbara), and Utah (Dec PDP-10 at the University of Utah). This was the first physical network and was wired together via 50 Kbps circuits. ARPANET at this stage used NCP (Network Control Protocol). By 1973, development began on TCP/IP (Transmission Control Protocol / Internet Protocol) and then in 1974, the term ‘Internet’ was used in a paper on TCP/IP. The development of Ethernet, in 1976, supported high speed movement of data using coaxial cables and led the foundation for the LAN (Local Area Network). Packet satellite project, SATNET, went live connecting the US with Europe. Around the same time, UUCP (Unix –to-Unix Co Py) was being developed by ATT Bell Labs. The need to link together those in Unix Community triggered the development of the Usenet in 1979. Using homemade auto dial modems and the UUCP, the Unix shell and the find command (that were being distributed with the Unix OS), Bellovin, wrote some simple shell scripts to have the computers automatically call each other up and search for changes in the date stamps of the files. The Usenet was primarily organized around News net and was called as the ‘Poor Man’s ARPANET’, since joining ARPANET needed political connections was costly too. Woodbury, a Usenet pioneer from Duke University, described how News allowed all interested persons to read the discussion, and to (relatively) easily inject a comment and to make sure that all participants saw it. However, owing to the slow speed, the coding language was soon changed to ‘C’, thus becoming the first released version of Usenet in C programming popularly known as A News. By 1983, TCP/IP replaced NCP entirely and the DNS (Domain Name System) was created so that the packets could be directed to a domain name where it would be translated by the server database into the corresponding IP number. Links began to be created between the ARPANET and the Usenet as a result of which the number of sites on the Usenet grew. New T1 lines were laid by NSF (National Science Foundation). The Usenet took an unexpected explosion, from 2 articles per day posted on 3 sites in 1979, to 1800 articles per day posted at 11000 sites by 1988. By 1990, the T3 lines (45 Kbps capacity) replaced the T1 lines and the NSFNET formed the new backbone replacing the ARPANET. The beginning of 1992 marked the establishment of a chartered Internet Society and the development of the World Wide Web. The first graphical user interface, named ‘Mosaic for X,’ was developed on the World Wide Web. By 1994, the Commercialization of the Internet emerged in the form of the first ATM (Asynchronous Transmission Mode) was installed on the NSFNET. The free access of the NSFNET was blocked and fee was imposed on domains. This describes the series of events that shaped the history for the past two decades, ever since Internet came into existence. The Internet technology is continuously changing to accommodate the needs of yet another generation of underlying network technology. Hoping that the process of evolution will manage itself, we look forward to a new paradigm of Internet Services.

Wednesday, August 21, 2019

Studying abroad Essay Example for Free

Studying abroad Essay Being a constituent of the academe, it is really a must for me to pursue more for the sake of advancing and developing my knowledge and abilities. For a very long time, I have always held this philosophy: knowledge must not be confined in the corners of a room. This statement always pushes me to go and explore everything that could help me understand everything in this world. I would not just sit down, listen to what my teacher says, take down notes, read books, take exams and do projects. For me, those would not suffice my craving for knowledge. And that is noteworthy because as a student, as an advocate of education, it is necessary not to become so in tuned with theoretical means of inputting knowledge. As how the wise Confucius said, directly experiencing things would give more knowledge that is far more reliable than those that are gained by simply hearing or seeing them. In this regard, I want to pursue a study abroad. I want to know things other than those things that I already have knowledge of. I want to understand why people in Spain are different from people in my country. I want to be able to distinguish the uniqueness that separates them from other races across the world. And such exploration would really help me improve my knowledge about Spain and other things that are not that comprehensible if I would just be in my country. I would be able to appreciate more the diversity of cultures, religions, and traditions by being situated in a place that I am not yet oriented with. This endeavor would really teach me many things that in return I could share with my future students (as I plan to become a teacher someday). I always believe that a credible teacher teaches his students things that he had already proven to be true or things that he is really certain of. This scholarship is truly necessary for my studies and future undertakings. I am hoping that you would be able to understand my purpose regarding this matter.

Tuesday, August 20, 2019

Overview Of Cooling System Engineering Essay

Overview Of Cooling System Engineering Essay In order to reducing fuel consumption and meet the emission standards, many improvements has been made. The examples of the improvements are combustion strategies, fuel injection system, exhaust emission and fuel quality[1]. There are four possible sources of atmospheric pollution from the automobile. Without emission controls, a carburetor and fuel tank emits vapors, the crankcase emits blowby gases and the tailpipe emits exhaust gases that contain pollutants. The main regulated pollutant in engine exhaust are nitrogen oxides (NOx), carbon monoxide (CO), unburned hydrocarbon (HC) and smoke[2]. These air pollutants are harmful to human beings as well as plants and animals. The law now requires automotive manufacturers to install emission controls. Car that gives off excessive amount of air pollutants may not be allowed on the streets someday. Stronger laws limiting automotive air pollution and mandatory inspection and maintenance has been proposed. These laws are part of the government policy that cars must contribute as little as possible to the problem of air pollution. Each car already have three major systems for controlling pollutants from these sources that is positive crankcase ventilation (PVC), evaporative emission control and exhaust emission control. But in this study we want to focus more on engine cooling system and its effects to the emission reduction, fuel consumption and engine performance. Now, we will through about the components of engine cooling system and its functions. Engine cooling system is a system that responsible for cooling the engine by releasing heat through the cooling fins so that the carà ¢Ã¢â€š ¬Ã¢â€ž ¢s engine is not too hot or not too cold. This system helps to bring the engine up at to normal operating temperatures as quickly as possible and maintain the operating temperature for efficient function of the car engine. It is very important to keep the engine at its most operating temperature at all speeds and operating conditions. Burning fuel in the engine produces heat. Some of the heat must be taken away before it damages the engine parts. This is one of the jobs that performed by the cooling system. If the engine temperature is too low, fuel consumption will rise and if the temperature is too hot for too long, the engine will overheat. 1.2 TYPES OF COOLING SYSTEM There are two types of car cooling system which is the air cooling system and liquid cooling system. Air cooling system is a system that uses air as a cooling agent. It is commonly used in single cylinder engines such as motorcycles while liquid cooling system is known as the radiator system. It a system that uses liquid as a cooling agent and is used in a multi-cylinder engine such as cars and trucks. Radiator is the crucial components in the car cooling system. It ensures the engine is not overheating. Figure 1.1 : Cooling System Components [12] 1.3 COMPONENTS OF COOLING SYSTEM 1.3.1 WATER JACKET For operation of the cooling systems, it uses five basic parts or components to do the job in controlling the engine temperature that is water jackets, water pump, thermostat, radiator and fan. Water jackets are open spaces between the cylinder walls and the outside shell of the block and head. Coolant from the water pump flows first through the block water jackets. Then, the coolant flows up through the cylinder head water jackets and back to the radiator. 1.3.2 WATER PUMP Water pump usually known as impeller pumps. It is attached to the front of the engine and are driven by a belt from crankshaft pulley. The pump circulates as much as 28 390 L of coolant an hour. As the impeller rotates, the curved blades draw coolant from the bottom of the radiator. It forces the coolant from the pump outlet to the water jackets. The impeller shaft is supported on sealed bearings which never need lubrication. The seals prevent the coolant from leaking past the bearings. 1.3.3 RADIATOR Radiator is a heat exchanger that removes heat from engine coolant that passing through it. The heat transfer from the hot coolant to the cooler outside air. It has three main parts that is radiator core, inlet and outlet tanks. The core consists of set of tubes and set of fins that attached to the tubes. Figure 1.2 : Coolant Flow Inside Engine Cooling System [12]C:UsersFaisal Mamat.FaisalMamat-PCDesktopCapture.PNG 1.3.4 THERMOSTAT For thermostat, it is a heat operated valve that regulates the coolant temperatures. It does this by controlling the coolant flow from the engine to the radiator. The thermostat is in the coolant passage between the cylinder head and the radiator. The valve in thermostat stay open and close as coolant temperature changes. As long as the coolant temperature is below the thermostat set point, the thermostat remains closed. Once the temperature arrives at the set point, the thermostat starts to open, sending heated coolant through the radiator. The radiator then cools the heated engine coolant and the water pump forces the coolant back through the engine. The passage to the radiator is closed when the engine is cold so the engine can warms up more quickly. Engine heat stays in the engine instead of being carried to the radiator. Figure 1.3 : Closed Position of Thermostat [12] Figure 1.4 : Open Position of Thermostat [12] 1.3.5 ELECTRIC FAN An electric fan is turned on by thermostatic switch only when needed. For example, it turns on when the coolant temperature reach 93 °C and turn off back the fan if the coolant drops below this temperature. But on vehicles with air conditioning, turning on the air conditioner bypass the thermostatic switch. The fans run all the time when air conditioner is on. The fan is controlled by electronic control module (ECM) in many vehicles with an electronic engine control system. 1.4 PROPERTIES OF COOLANT 1.4.1 TAP WATER Tap water is potable water supplied to a tap inside the household or workplace. The application of technologies involved in providing clean water to homes, businesses and public buildings is a major subfield of sanitary engineering. Specific chemical compounds are often added to tap water during the treatment process to adjust the pH or remove contaminants, as well as chlorine to kill biological toxins. The use of tap water adversely affect the car cooling system. Tap water contains magnesium and calcium ions that will form the yellow precipitate (rust) when the water becomes hot. The yellow precipitate will be attached to the car engine after long time period and this will reduce the absorption of heat from the engine. If this rust become denser, it can interfere the passage of cooling liquid in the car cooling system. 1.4.2 ETHYLENE GLYCOL (EG) Ethylene glycol is an organic compound widely used as an automotive antifreeze and a precursor to polymers. In its pure form, it is an odorless, colorless, syrupy, sweet-tasting liquid. Ethylene glycol is toxic, and ingestion can result in death. Ethylene glycol is produced from ethylene via the intermediate ethylene oxide. The major use of ethylene glycol is as a medium for convective heat transfer. For example, automobiles and liquid cooled computers. Pure ethylene glycol has a specific heat capacity about one half that of water. So, while providing freeze protection and an increased boiling point, ethylene glycol lowers the specific heat capacity of water mixtures relative to pure water. A 50/50 mix by mass has a specific heat capacity of about 0.75 BTU/lb F, thus requiring increased flow rates in same system comparisons with water. 1.5 FUEL Gasoline is a transparent, petroleum derived liquid that is used primarily as a fuel in internal combustion engines. It consists mostly of organic compounds obtained by the fractional distillation of petroleum, enhanced with a variety of additives. Some gasoline also contain ethanol as an alternative fuel. A good gasoline quality should have : Proper volatility, which determines how easily the gasoline vaporizes. Resistance to spark knock or detonation. Oxidation inhibitors, which prevent formation of gum in the fuel system. Antirust agents, which prevent rusting of metal parts in the fuel system. Detergents, which keep help keep the carburetor or fuel injectors clean. Dye for identification, such as red eye which gives leaded gasoline a rust or orange colour. 1.5.1 VOLATILITY Volatility is the ease with which a gasoline vaporizes. Gasoline must vaporize quickly after it is mixed with air in the throttle body or intake manifold. Otherwise, drops of liquid gasoline enter the cylinder walls. This increases wear of the cylinder walls, pistons and rings. Gasoline that does not vaporize will not burn. It leaves the cylinder in the exhaust gas and pollutes the air. This wastes gasoline and reduces fuel economy. Volatility determines how quickly a gasoline can vaporizes. A high volatility gasoline can vaporizes quickly while a low volatility gasoline vaporizes slowly. Gasoline must have the right volatility for the climate in which it is used. 1.5.2 ANTIKNOCK QUALITY Antiknock is known as octane rating. It measure the gasoline ability to resist knock during combustion. The higher the octane rating, the greater the engines resistance to knock. The knocking in your engine occurs when the air fuel mixture detonates prematurely. Since it is the gasoline vapor that ignites, the air fuel mixture must be correct to burn smoothly. Some of the problems associated with knock are overheating of engine parts such as valves, pistons and spark plugs. 1.6 EMISSION Then we will go for the explanation about the combustion in the engine and how it resulting emission. Automotive fuels such as gasoline are made mostly of two elements that hydrogen and carbon. They have chemical symbols H and C. This type of fuel is hydrocarbon (HC). During complete combustion in the engine, these two elements unite with other element, the gas oxygen. Oxygen, usually in the form of free oxygen (O2), makes up about 20 percent of the earth atmosphere. This is the air that we breathe. During combustion process, each atom of oxygen will unites with two hydrogen atoms. Each carbon atom unites with two oxygen atoms. Oxygen uniting with hydrogen produces water (H2O). Carbon uniting with oxygen produces gas carbon dioxide (CO2). During combustion, the burning of air fuel mixture in the engine cylinder may reach 2200oC or higher. This high temperature produces pressure in the engine that makes it run and produces power. With perfect combustion, all the hydrogen and carbon in gasoline would unite with the oxygen. The exhaust would contain only harmless H2O and CO2. But combustion is not perfect in the engine. Some of the gasoline (HC) does not burn. Also, some of it only partly burns. This produces carbon monoxide (CO). This lack of oxygen prevents the formation of carbon dioxide. The unburned gasoline and partly burned gasoline (CO) exit from the engine through the tailpipe. Once in the air, it will cause atmospheric pollution. Another group of atmospheric pollutants th e engine is nitrogen oxide (NOx). About 80 percent of the atmosphere is gas nitrogen (N). High temperatures in the combustion chamber cause some of the nitrogen and oxygen to unite and form nitrogen oxide (NOx). 1.7 PROBLEM STATEMENT Nowadays the rate of fuel consumption currently going on throughout the world is quite alarming. Fuel consumption and emission rates are off the chart. This will give negative impact to the environment and increase the pollution rate. Basically the power to move a motor vehicle comes from the burning of air fuel mixture in an engine. Air pollutants from vehicles comes from the products of this combustion process. With perfect combustion process, the emission would be water (H2O) and carbon dioxide (CO2). Both of these are harmless gases. But combustion is not perfect in an engine. Some of the gasoline (HC) does not burn and some of it only partly burns. This produces carbon monoxide (CO) and nitrogen oxide (NOx). Both of these gases are air pollutants and breathing polluted air is very bad for human and animals. Then the demand for low cost car from customer that has good performance with low fuel consumption and emission also increase. Usually car that has good performance will have high fuel consumption and emission rate. In order to solve these problems, the study about engine cooling system and its effects towards engine performance, fuel consumption and emission reduction will be conducted. Two types of liquid cooling such as tap water and ethylene glycol will be used and its temperature will be checked in order to investigate the influenced to these 3 outputs. 1.8 OBJECTIVES OF THE RESEARCH To study the effect of engine cooling system and its components to the engine performance, fuel consumption and emission. To investigate the influence of percentage of ethylene glycol in the coolant and coolant temperature set point to the engine performance, fuel usage and emission rate. 1.9 SCOPE OF THE RESEARCH The scope of this researched is mainly about the variations percentage of coolant (ethylene glycol) mixed with water and its temperature effects towards engine performance, fuel consumption and emission. The percentage that will be used for ethylene glycol are 30%, 50% and 70%. For every percentage, the coolant temperature set point will be controlled using two kind of thermostat with temperature set point 80oC and 100oC. The increasing temperature in cylinder block by increasing the coolant temperature results in fuel savings and emission reduction. Boiling Point Ethylene Glycol solution (% by volume) 0 10 20 30 40 50 60 70 80 90 100 Temperature F 212 214 216 220 220 225 232 245 260 288 386 C 100 101.1 102.2 104.4 104.4 107.2 111.1 118 127 142 197 Table 1.1 : Boiling Point of Ethylene Glycol Solutions [13] Car model that will be used is Perodua Kancil 660cc (4 stroke and 3 cylinder). Then for the fuel, petrol RON 95 will be used. Three test will be conducted in investigate the engine performance, fuel consumption and emission rate. The test for engine performance is dynamometer test. A dynamometer is a device that is used for measuring force, moment of force (torque), and power. For example, the power produced by an engine, motor or other rotating prime mover can be calculated by simultaneously measuring torque and rotational speed (RPM). For the fuel consumption, we will conducted a fuel test by using a new tank provided by automotive lab. Unit to measure the fuel test is in liter/km. To measuring the emission rate, gas analyzer is used and the measurement unit is in concentration of gas which is parts per million (ppm). 1.10 SIGNIFICANT OF THE RESEARCH This study will give better understanding and exposure about the operation in the engine cooling system and how it will effects the engine performance, fuel consumption and emission. Reducing the fuel expenses by car users as the rate of fuel consumption reduced. The expected output to reducing the emission will result in increased the air quality that is harmful to humans. It also will lead in reducing the air pollution rate and provide more safer environment for people. The low cost car with good performance and low on fuel and emission rate also will be develop. 2.0 LITERATURE REVIEW 2.1 COOLING SYSTEM OPERATION A huge amount of heat is generated in the internal combustion engines. It is created when the air fuel mixture is ignited inside the combustion chamber. The explosion that occur will causes the piston to be forced down inside the cylinder, levering the connecting rods and turning the crankshaft. The temperatures of the metal parts around the cylinder can exceed 2500oC. To prevent the components such as engine oil, cylinder walls, pistons, and valves from overheating, it is necessary to effectively dispose the heat. Approximately 30% of heat in the combustion process is lost into the atmosphere through the exhaust system, 35% is converted into power to drive the vehicle and the remaining 35% lost as heat through the cylinder walls [9]. Water pump is attached at the front of the engine and driven by a belt from crankshaft pulley. The impeller rotates and the curved blades draw liquid cooling from the bottom of the radiator and force it to flow through pump outlets and water jackets. The liquid cooling will flow through passageways in the engine block and cylinder head. Temperature in the combustion chamber can around 2500oC, so cooling around this area is critical to prevent overheat. The areas around exhaust valve are especially crucial and almost all space inside the cylinder head around the valve that is not needed for structure filled with coolant. But when the engine is still cold, thermostat still close and the liquid cooling is circulated back to the engine. By closing the passage through radiator when engine is cold, the engine warms up more quickly. Engine heat stays in the engine instead of being carried to the radiator. This shortens warms up time, wastes less fuel and reduces exhaust emissions [3]. After engine already heat up, the thermostat keeps the engine running at a higher temperature than it would without a thermostat. The higher operating temperature improves engines efficiency and reduces exhaust emissions [3]. 2.1.1 EFFECT OF RADIATOR A radiator usually known as heat exchanger. The hot coolant that flows through it will transfer the heat by the air blown through the aluminium fins by fan. Nowadays modern cars use aluminium radiators. It usually made by brazing thin aluminium fins to flattened aluminium tubes. Flow of the coolant is from inlet to the outlet through many tubes that mounted in parallel arrangement. These fins will conduct the heat from the coolant inside the tubes and transfer it through the air that flowing through the radiator.[1] A type of fin is inserted into the tube called turbulator. Its function is to increases the turbulence of the fluid flowing through the tubes. If the flowing of the fluid through the tubes is smooth, only the fluid that touching the tubes would be cool directly. The amount of heat transferred from the fluid to the tubes depends on the difference in the temperature between the tube and the fluid touching it. Therefore, less heat will be transferred if the fluid that is in contact with the tube cools down quickly. To prevent that, turbulence is created inside the tube and all of fluid mixes together. Keeping the temperature of the fluid touching the tubes up so that more heat can be extracted and all of the fluid inside the tube is used effectively. 2.1.2 EFFECT OF RADIATOR FAN The function of radiator fan is to draw the air towards the radiator and helps to cool the hot coolant that flowing through the tubes. It usually has four or more blades that spin rapidly to provide sufficient air to that would cool the engine. The fan will be mounted between the radiator and the engine so that the air can easily flowing through the radiator. There are also additional fan in front of the radiator in some cars in order to draw more cool air to the engine especially when vehicle is not moving fast enough, very little cool air reaches the radiator and the engine is not cooled properly. 2.1.3 EFFECT OF PRESSURE CAP The radiator cap or also known as pressure cap actually increases the boiling point of your coolant by about 25oC. The cap is a pressure release valve and usually is set to 15 psi. When the coolant is placed under pressure, its boiling point will increase. As the engine running, the cooling system will be heated up and increase the pressure. The only place where the pressure can escape is at the pressure cap. Therefore, the setting of the spring on the cap determines the maximum pressure in the cooling system. If the pressure reaches 15 psi, it will push the valve open and allowing the coolant to escape from the cooling system. The flowing of the coolant is from overflow tube to into the bottom of the overflow tank. This kind of arrangement will keep air out of the system. After the radiator is already cools back down, a vacuum is created in the cooling system that pulls open another spring loaded valve while sucking the water back in from the bottom of the overflow tank to replace the water that was expelled. 2.1.4 EFFECT OF WATER PUMP Water pumps are impeller pumps. They attached to the front of the engine and driven by a belt from the crankshaft pulley. As the impeller rotates, the curved blades draw coolant from the bottom of the radiator[3]. The water pump only thrust to drive the circular flow of the coolant within the engine cooling system, so the inlet is the point of lowest pressure in the system and the exit point is the highest pressure. The pressure drops sharply at the inlet/outlet of the water pump during the operational of the water engines and this pressure drop will vary in proportion to the rotational speed. Water pumps in engines are prone to cavitation and air bubbles are likely to permeate in to antifreeze and will severely reducing the performance, reliability and service life of the engines[6]. Cavitation means the cavities or bubbles are forming in the liquid that have been are pumping. These cavities form at the low pressure or suction side of the pump. For the well design engine cooling sys tem, cavitation is less likely to take occur as the temperature of the coolant declines. But when the cavitation temperature is reached, the pressure of the water pumps drops abruptly and all the cooling system loses its functionality. 2.1.5 EFFECT OF THERMOSTAT The main function of the thermostat is to allow the engine to heat up quickly and keep it at its efficient temperature. It control this by regulating the amount of water that goes through the radiator. The coolant in the cooling system starts to initiate by picking up heat at the water jackets. In the coolant circuit, the pressure gradient exist and causing the hot coolant flows out from the engine to the radiator or to coolant bypass passage [2]. Once the temperatures of the coolant rises to 80oC, the thermostat starts to open. Different thermostat open at different temperatures and allowing fluid to flow through the radiator. The secret of the thermostat lies in the small cylinder located on the engine side of the device. Actually this cylinder is filled with wax that starts to melt at temperatures 80oC (depends on the thermostat). Then, a rod that is connected to the valve press into this wax. As the wax melts. It will expands and pushing the rod out of the cylinder and opening th e valve. 2.2 EFFECT OF COOLANT Coolant is the mixture of antifreeze and water in the cooling system. The commonly used antifreeze is Ethylene Glycol. This coolant will circulate through the cooling system. It will remove the waste heat from the engine and delivers the heat through the radiator hose to the radiator. It is not recommended to use only water as a liquid cooling because it would freeze if the temperature drop below 0oC. This would stop the circulation and the engine would overheat. As the water would expand 9% as it freezes, it would crack the cylinder block and head, split the radiator [3]. By controlling the engine cooling system in a flexible way as compare to the conventional cooling system, it will improve the fuel consumption rate of spark ignition (SI) engines [11]. It is known from the cold start research that the coolant and inlet charge temperature are key parameters to reduce pollutant emissions and guarantee smooth engine operation. Cold start experiment were performed with coolant temperatures of 15oC and 80oC. In the steady state operation reached after the start, the piston surface temperature was respectively 110oC and 150oC. The HC emissions were 25% lower and the NOx emissions 7% higher with the higher coolant temperature. It seems to indicate that there is an influence of the coolant temperature on the emissions through the cylinder wall temperatures [5]. In the search for greater fuel economy and reduced emission output, the engine cooling system is being targeted for further improvements to engine performance through its effects on engine frictional losses. Fuel economy improvements from the changes to the engine cooling system are derived mainly from reduced engine frictional losses with increased oil temperature by raising the engine operating temperature indirectly through the step increase in the coolant temperature. Hydrocarbon (HC) and carbon monoxide (CO) output are also shown to decrease with the increase in operating temperature [7]. There are also suggestion that higher cylinder block temperatures will reduce the frictional losses with the piston and ring pack and will lead to reducing fuel consumption [10]. But the increasing of operating temperature has a negative effect on nitrogen oxide (NOx) output as the formation of NOx in the combustion chamber can be highly sensitive to temperature changes [7]. There are some previous works in the engine cooling area focuses on to the fuel economy benefit to IC engines through the reduction engine frictional losses by raising the coolant temperature. As the coolant temperature increases, the cylinder block wall temperaturs also increases and will result in reducing the HC emissions [11]. It concentrates mainly on gasoline engines where oil temperature is relatively lower and the tailpipe emissions are HC and CO. Fuel efficiency improvements about 10% are achieved in part load conditions by raising coolant temperature [7]. METHODOLOGY 3.1 INTRODUCTION In this chapter, we will discuss about the procedures and entire activities to carry out in this whole project. The flow chart below will describe the steps that should be followed during this project. Basically there are 3 test that will be conducted that is dynamometer test, fuel test and emission test. 3.2 FLOW CHART Part Selection Select the type of liquid cooling and thermostat that will be used. Preparation and Setup Select the type of liquid cooling and thermostat that will be used. Run the experiment The experiment will be conducted to the conventional and modified cooling system. Emission Test Fuel Test Dynamometer Test Data Analysis TYPES OF METHODS 3.3.1 DYNAMOMETER TEST Dynamometer is actually a device use to measuring force, moment of force (torque) and power produced by an engine or motor. We can see the example from the power produced by an engine, motor or other rotating prime mover can be calculated by simultaneously measuring torque and rotational speed (RPM). Nowadays dyno test become more easier to operate with the advance of the modern computer and produce more accurate results. A dyno that paired with the computer will display the power rating of a given machine as a figure below. C:UsersFaisal Mamat.FaisalMamat-PCDesktopdynamometer-test-2.1-800800.jpg Figure 3.1 : Example Graph of Dynamometer Test Actually dyno test is used for various applications but the most common one is automobile testing. Automobile manufacturers will measure the performance of a car or truck in order to market its power. Sports car will modified their vehicles with aftermarket parts in order to achieve higher power output and then run the dyno test to evaluate their modifications. Dyno tests can be run in a couple of different ways which is chassis and engine dyno. When running a chassis dyno test, the vehicle to be tested is driven onto the dyno platform that simulates resistance through the use of automated wheels. For an engine dyno test, the engine to be tested is mounted to the dyno device. These different methods produce different measurements such as brake horse power and torque from a chassis dyno and flywheel horse power and torque from an engine dyno. Power is often lost through the drive train of a vehicle so the brake measurement will typically less than the flywheel measurement. The model that will be used for dynamometer testing is Dynapack 3000. The components of Dynapack 3000 consists of computer, sensors hub adaptors controller and power absorption units. This test is a bit from other dyno test because of the elimination of the tire to roller interface on a conventional roller dyno. It eliminates this variable by using a hub adaptor that provides a direct coupling to our power absorption units. There will be no tire slip, no rolling resistance and no chance of the vehicle coming off from the dyno at high speeds. For the theory of operation. Firstly the hubs of the vehicle are directly attached to hydraulic pumps. A variable load can be applied with all of the potential holding power that hydraulic possess. Figure below show that the wheels are removed from the vehicle and the variable fit hub adaptors are bolted to the vehicle axle. The hub adaptor is then directly attached to a hydraulic absorption unit. C:UsersFaisal Mamat.FaisalMamat-PCDesktopdyno and gas analyser2t1nkVS-bVa9gQb37zp6LeNyhqyOJc4TfM-fDuqeDVw.jpgC:UsersFaisal Mamat.FaisalMamat-PCDesktopdyno and gas analyservIQiOZd6MQEKChUSE_EjDet0c_3AZX3Ykc63jQJyo1g.jpg Figure 3.2 : Hub adaptor bolted to vehicle Figure 3.3 : Monitor of Dynapack 3000 3.3.2 FUEL TEST For the fuel test, a new fuel tank is used to replace with the existing tank. The problem with the existing tank is the fuel consumption cannot be measured correctly. The new fuel tank will be connected using the hose from the fuel pump to the series of injectors at cylinder head. Gasoline or RON 95 will used in this fuel test. The example for the new fuel tank is shown in figure below and the fuel pump is already attached on top of it. C:UsersFaisal Mamat.FaisalMamat-PCDesktopdyno and gas analyser8EYHfSB7JGJ_i1gO_0dpJCrDuHDVK9bGh1xnPJzzuSQ.jpg Figure 3.4 : The new fuel tank The test will be conducted according to the gears and revolution per minutes (RPM) that already been set. It is done to control the speed of the engine to get the accurate result of the fuel consumption without affected by the changing of gear on each test. The RPM and gears can be referred in the table below. Gear RPM Distance (km) 1 3000 2 3000 3 3000 4 4000 Table 3.1 : RPM for each of the gear 3.3.3 EMISSION TEST Hydrocarbon (HC), carbon monoxide (CO) and nitrogen oxide (NOx) are measured in parts per million (ppm). For this emission test, the device that will be used is the gas analyzer 95/3. The gun of this device will be placed into the tailpipe to measure the exhaust rate. The data will be taken during the various RPM that already been set up which is 2000 rpm, 3000 rpm and 4000 rpm. The result of this test will be recorded in this device. C:UsersFaisal Mamat.FaisalMamat-PCDesktopdyno and gas analyservKBx3J-b1dLfHTA3MeaWYgo8LcKrPxDuaprQ5PBq-VY.jpg Figure 3.5 : Gas Analyzer 95/3 PROJECT SCHEDULE

The Positive Impact of Being a Disciple of Jesus Essays -- Papers

Being a Disciple of Jesus and Its Effect on a Person's Life Depending on who you are and where you come from, "good effect" can have a number of meanings. Some people can say that a "good effect" is taking heed of God's message to love one another, and showing kindness in little ways, or a "good effect" can mean deciding to give up your life to devote it to poor people or the sick, or by becoming a priest. However "good effect" can mean deciding to change your life from sinful ways, like drinking too much, taking drugs, or being a child abuser, and following God, and repenting for what you have done. Also, some people think that being rich and famous, and having lots of possessions is "good," or simply being thankful for having your family near you. Some people think that being a follower of Christ gives you something to believe in and someone to use as a role model, to mould their behaviour on. This would have a good effect because they would be spreading the word of God and also, they would be helping people, by ...

Monday, August 19, 2019

Metamorphosis Essay -- English Literature

Metamorphosis In the short story, Metamorphosis, the narrator describes Gregor’s new life as an insect. He then goes on to describe Gregor’s sister, Grete, with a reflection of Gregor’s opinion in the description. Kafka employs a number of stylistic devices including descriptive imagery, metaphors, and symbolism in the passage to describe the situation. While these devices on their own just provide a more complex method of painting the situation, the way they are assembled in the passage serves to depict a comparison of power between Gregor and Grete. The creation of such a multifaceted evaluation further increases the reader’s sympathy towards Gregor’s situation. Firstly, Gregor is characterized with many literary descriptors. â€Å"Sense of freedom† is the first occurrence of relevant descriptive imagery. The freedom is what he used to posses before the metamorphosis, however he no longer has liberty outside his room. That is where the second image of â€Å"looking out† the window comes into play. The looking out symbolizes Gregor’s reflection on the liberties he used to posses when he could leave his room, and of the outdoors, there by limiting his experiences. This is supported with the imagery of his vision weakening. The imagery reflects a tone of pessimism, in that Gregor is loosing hope for a recovery. All the imagery serves to sympathies with Gregor because his situation is depicted as bleak. The symbol of Gregor’s knowledge is his vision, which is the primary medium for humans gain knowledge. With his sight diminishing, he is no longer able to discover as much as would be able to normally and even starting to disbelieve his previous knowledge. This is mentioned when he said that if he had not known ... ...nd blended indistinguishably into each other. His quick witted sister only needed to observe twice that the armchair stood by the window; after that, whenever she had tidied the room, she always pushed the chair back to the same place at the window and even left the inner casements open. If he could have spoken to her and thanked her for all she had to do for him, he could have more her ministrations better; as it was, they oppressed him. She certainly tried to make light as possible of whatever was disagreeable in her task, and as time went on he succeeded, of course, more and more, but time bought more enlightenment to Gregor too. The very way she came in distressed him. Hardly was she in the room when she rushed to the window, without even taking time to shut the door, carefully as she was usually to shield the sight of Gregor’s room from the others.

Sunday, August 18, 2019

A Midsummer Night’s Dream by Shakespeare Essay -- othello, lago puck

Shakespeare has a way of creating his characters so the audience can relate to them in a way. In his villains we see the negative characteristics that are in ourselves and others around us; things that often define the â€Å"natural man† such as greed or jealousy. With the entire terrible and treacherous thing that Shakespeare makes his villains do, he always manages to make them human in a way. As if he is meaning to display that no matter how twisted a person can be, they are still a person. In Shakespeare’s plays Othello, Hamlet, and A Midsummer Night’s Dream, the villains share the characteristics of greed, clever and conniving ways, and recklessness; however, they all bring their own features to the table. The first of the villains is Puck from A Midsummer Night’s Dream; he is clever, reckless, and very mischievous, these characteristics tend to get him into trouble. Sometimes referred to as Robin or Robing Goodfellow, Puck is a trickster by nature and loves to play pranks on others, by this, he and Bottom actually progress the three central stories of the play. Puck is introduced first and creates drama in the lovers’ story by messing up who loves whom. Puck also turns Bottoms head into an ass and makes Titania fall in love with him so he might bring the Indian boy/slave for Oberon, the fairy king. Puck introduces himself in Act two, Scene one by saying, â€Å" I am that merry wanderer of the night./I jest to Oberon and make him smile/When I a fat and bean-fed horse beguile,/Neighing in likeness of a filly foal:/And sometime lurk I in a gossip's bowl,/In very likeness of a roasted crab,/And when she drinks, against her lips I bob/And on her wither'd dewlap pour the al e./The wisest aunt, telling the saddest tale,/Sometime for three-f... ...e Moor is arrested, transported from Cyprus to Venice, and tortured, but refuses to admit his guilt. He is condemned to exile; Desdemona's relatives eventually execute him. The ensign escapes any prosecution in Desdemona's death, but engages in other crimes and dies after being tortured.† (Bevington, David and Kate) Although Iago, King Claudius, and Puck are the work of pure imagination, Shakespeare teaches us something very important about whom we are as a being. Human nature is back stabbing, conniving, greedy, and jealous; all those things that you can say are bad when looking at another, but can justify in yourself. One tends to validate their wrong doing as necessary or not as bad as something that another has done. Shakespeare is playing a game with his audience through his villains. By showing their faults, he, in turn, makes us see the faults in ourselves.

Saturday, August 17, 2019

Psychological Theories

Psychological Theory Psych525 Psychological Theory This paper examines how a person’s cultural ethnocentric perspective causes them to react to a person from another culture based on the behavior/social cognitive theory. For the purposes of description, this presentation will explore both Irish and Japanese ethnocentric perspectives and how they relate to one another using the behavior/social cognitive theory. Ethnocentricity Before continuing on to describe Irish and Japanese cultural interaction, there needs to be clear understanding of what is meant by ethnocentric perspectives. According to Segall, Dasen, Berry, & Poortinga (1999) an ethnocentric perspective is the belief that a person’s culture is the center of all. The other part of an ethnocentric perspective is that it promotes postive feelings of self while creating negative thought patterns about others (Segall et al, 1999). Behavior/Social Cognitive Theory This theory was built upon the theory that behavior is a learned response primarily learned through social environment (Cervone & Pervin, 2010). Social-cognitive theorists also believe that a person’s cognitive functions allow for growth beyond the initial environmental contributors (Cervone & Pervin, 2010). A person’s culture represents their primary social environment and therefore is the predominant contributor to their personality development. This cultural awareness, or ethnocentric perspective, provides a framework of thought that affects a person’s future development. Behavior Cognitive theory presents points such as; avoiding conflicting stimuli and attempting to meet equilibrium state by means of using their cognitive elements. Cognitive elements are elements such as; values, beliefs, knowledge, and attitudes (Awa & Nwuche, 2010). The social aspect of this theory delineates the thoughts that evaluation of such experiences occur in context with uses past experiences. In addition, the social aspect of the theory helps to explain how as social beings we work as â€Å"information processing machines† (Landau et al, 2010). By the use of this combination of theories, we are able to explain and evaluate in a deeper way two very distinctive cultures. The Irish and the Japanese cultures are two cultures so deeply rooted, their culture serves as a means for further understanding cultural dynamics. Irish Ethnocentric Perspective Ireland’s culture is wrapped around its loss of freedom and loss of self after colonization by England (Howard, 2009). Ireland is a predominately Catholic nation while the colonizing English were Protestant causing considerable tensions towards England (Howard, 2009). The Irish view their nation as one of culture and peace in comparison with England’s militarism (Howard, 2009). The colonization by England, as with many other nations, resulted in a loss of language (Howard, 2009). A movement that picked up speed during the 1970’s allowed Ireland to regain its language (Pinter, 2010). The Irish also view themselves as Celtic, a subset of â€Å"white† (Chan, 2006). This racial identity was important because the English viewed them as something less evolved or refined (Chan, 2006). Irish pride is seen in the fight to regain their religion, their language and their national identity and independence from the English (Pinter, 2010). Japanese Even though it could be argued that ethnocentric bias mostly affects those countries that are diversely populated, Japan can be an exception. Japan is known typically to be composed of a homogeneous population. Japanese culture is known to isolate themselves politically and socially from outsiders. â€Å"Gaijin† is a term usually used in Japan to describe outsiders or an out-group. Prior to the 1860’s, the Tokugawa Shoguns adopted a policy enforcing the seclusion of their people. This policy restricted the contact between the Japanese society and people from the outside (Neuliep et al, 2001). A century has passed by, and most of the Japanese culture still maintains that seclusion mentality towards out-groups. The Japanese culture is an example of how even the most developed county can posses such ethnocentric biases. The Japanese culture is not willing to assimilate out-groups into their society. This perception goes as far as to treating Koreans who were raised in Japan, and speak the Japanese language as â€Å"Gaijin† or outsiders. The Koreans raised in Japan must undergo the discrimination and the prejudice (Neuliep et al, 2001). Conclusion References Awa, H. O. , & Nwuche, C. A. (2010). Cognitive Consistency in Purchase Behaviour: Theoretical & Empirical Analyses. International Journal of Psychological Studies, 2(1), 44-54. Retrieved from EBSCOhost. Cervone, D. , & Pervin, L. A. (2010). Personality: Theory and research (11th ed. ). Hoboken, NJ: Wiley. Chan, S. (2006). ‘Kiss My Royal Irish Ass. ‘ Contesting identity: Visual culture, gender, whiteness and diaspora. Journal of Gender Studies, 15(1), 1-17. doi:10. 1080/09589230500486850 Howard, B. (2009). In Sunlight and in Shadow. Sewanee Review, 117(4), 665. Retrieved from EBSCOhost. Maclaran, P. , & Stevens, L. (2009). Magners man: Irish cider, representations of masculinity and the ‘Burning Celtic Soul. ’. Irish Marketing Review, 20(2), 77-88. Retrieved from EBSCOhost. Neuliep, J. W. , Chaudoir, M. , & McCroskey, J. C. (2001). A Cross-Cultural Comparison of Ethnocentrism Among Japanese and United States College Students. Communication Research Reports, 18(2), 137-146. Retrieved from EBSCOhost. Pinter, M. (2010). English or Irish? Cultural nationalist ideology in late 19th century Ireland. Bulletin of the Transilvania University of Brasov, Series IV: Philology & Cultural Studies, 3(52), 233-242. Retrieved from EBSCOhost. Segall, M. H. , Dasen, P. R. , Berry, J. W. , & Poortinga, Y. H. (1999). Human behavior in global perspective: An introduction to cross-cultural psychology (2nd ed. ). Needham Heights, MA: Allyn & Bacon/Pearson. Smyth, G. (2004). Ireland unplugged: the roots of Irish folk/trad. (Con)Fusion. Irish Studies Review, 12(1), 87-97. Retrieved from EBSCOhost. Sturgeon, S. (2006). Maria Edgeworth, William Carleton, and the Battle for the Spirit of Ireland. Irish Studies Review, 14(4), 431-445. doi:10. 1080/09670880600984400

Friday, August 16, 2019

Ifc Survey Report in Ghana

IFC Survey Reports Expansion of Ghana’s Leasing Market WEBWIRE – Thursday, August 30, 2007 IFC, a member of the World Bank Group, today released the findings of its second annual survey of Ghana’s leasing market. The results show that the number of new leases issued in the country grew from 311 in 2005 to 536 at the end of 2006 – an increase of 72 percent. The total lease portfolio represented by gross lease receivables by the sector also increased by over 73 percent from $29. million in 2005 to $51. 3 million in 2006. The report notes a significant increase in the number of leasing providers, from seven in 2005 to 12 in 2007, with many banking institutions entering the sector. The Leasing in Ghana 2007 report represents the most comprehensive survey of Ghana’s leasing market to date. It highlights major developments in the leasing industry in 2006 and makes recommendations for further improvements in the policy, regulatory, and tax environments tha t govern the sector. The report was compiled by the SECO IFC Leasing Program, a project that seeks to enhance the role of leasing as an alternative financing mechanism for businesses in Ghana. Launching the report, Taba Cookey, SECO IFC Leasing Program Manager, said, â€Å"IFC is committed to supporting efforts that deepen Ghana’s financial sector and expand access to finance for the private sector. The 2007 survey provides strong evidence that the leasing sector is playing an increasingly important role in financing the needs of private businesses in Ghana. Philippe Sas, Economic Advisor at SECO, said, â€Å"Leasing is important, because it benefits mostly small and medium enterprises that generally cannot access financing from banking institutions. It makes it easier for these businesses to acquire capital equipment even when they lack the credit history or sufficient collateral to access traditional forms of financing. † Speaking at the launch, Dela Selormey, Head of Banking Supervision at the Bank of Ghana, commended the development of the leasing sector and outlined various efforts by the bank to support further growth of the financial sector. Worldwide, leasing has demonstrated the ability to increase investment in capital equipment. Leasing plays an important role in economic development. For example, it is reported that every 8 to 9 percent growth in leasing activities leads to a corresponding 1 percent average growth in a country’s GDP. In developed countries, leasing is used to finance about one-third of private investments.

Thursday, August 15, 2019

Personal Development: Time Management Essay

Effective Time Management is a valuable resource. Those who learn to value it go much ahead in life. On the other hand, the people who take time for granted often end up losing much. Prioritizing well is the key to time management and proper management of time can improve the quality of your life, almost dramatically. These are some of the benefits of Effective Time Management: Allows You To Be In Control Everyone keeps harping about how life is beyond their control. While certain things really are, it is still possible to take command of most of the things in life with much ease. Reduces Stress & Frustration Effective Time management is the most valuable resource and yet, the most undervalued. It needs to be acknowledged that a paucity of time for finishing tasks makes you feel stressed out and frustrated and the spill-over effect is to be seen in every aspect of your life. Saves Quality Time Managing time also helps you in saving precious time, which you can utilize in pursuing your hobbies or spending quality time with your family. Boosts Confidence And A Sense Of Achievement Completing tasks within a set time period boosts your confidence and self belief, as your life seems to be under your control. REVIEW TIME-MANAGEMENT SKILLS TO ACHIEVE ORGANASATIONAL AND PERSONAL OBJECTIVES. Time management skills to achieve organisational and personal objective are: MAKE USE OF DOWN TIME by Using walking, driving, showering, or otherwise â€Å"dead† times to plan. Think about what your goals are for that day or the next. Again, REWARD YOURSELF Whenever you accomplish something, especially the important things, make sure to take the time to reward yourself. Also AVOID PROCRASTINATION AT ALL COST When trying to be more productive and trying to save time, procrastination should be avoided like nothing else. APPROPRIATE TOOLS TO CONDUCT A TIME MANAGEMENT ANALYSIS Activity logs are the key component to any sort of time management. Record your time spent on tasks and spot what areas that need improvement. Prioritization is the next critical ingredient to time management success; it’s what lets you know what you should be spending the most time and effort on. Another crucial part to add to your time management tools is the enforcement of setting goals for you and your team. SECTION 2: SKILLS AUDIT EXPLAIN THE IMPORTANCE OF CONTINUAL SELF DEVELOPMENT Continual self Development are activities that improve self-knowledge and identity, develop talents and potential, build human capital and employability, enhance quality of life and contribute to the realisation of dreams and aspirations. This encourages one be the complete entity, it allows an open frame of mind and encourages positivity. The importance of continual self development are: It helps you understand yourself better It assist you in creating your goals and life purpose It guides you in managing and spending your time effectively It enhances your ability to handle stress, adversity and change It supports you in managing your finances more wisely It teaches you to build better relationship with people It allows you to live a balanced lifestyle It provides an opportunity to take care of your health. USE APPROPRIATE METHOS TO ASSESS SKILLS AND COMPETENCIES AGAINST ORGANISATION AND PERSONAL OBJECTIVES. 1. Thinking critically and making judgments: Present a case for an interest group, prepare a committee briefing paper for a specific meeting 2. Solving problems and developing plans : Identifying problems, analyzing data, reviewing and applying information 3. Performing procedures and demonstrating techniques: By following protocols, carrying out instructions, observing real or simulated professional practice 4. Managing and developing oneself : working co-operatively, learning independently, being self directed, manage time, manage task 6. Demonstrating knowledge and understanding: By relating and interrelating, recognizing and identifying. MAKE SUGGESTIONS FOR FILLING IDENTIFIED SKILLS GAPS Know your organization â€Å"Many companies these days are taking on the ‘lean philosophy’ to cut expenses,†. individuals study the organization, and look for the positions that will likely take on greater responsibilities if and when positions are cut. Know where your company is going â€Å"Employees should look at future goals that are outlined in company-wide annual goal-setting meetings,†. By reviewing these goals, it’s easy for employees to uncover other educational frameworks that will meet these goals. Focus on customer service Employees should dig into their customer base to uncover any customer service improvement ideas that can be brought to the superiors. Find a mentor Connecting with a professional mentor or becoming active in relevant professional organizations can help employees learn more about the trends within their industry. SECTION 3: PERSONAL DEVELOPMENT PLAN PRODUCE A PERSONAL DEVELOPMENT PLAN AGAINST S.M.A.R.T OBJECTIVES Personal Development Plan is a continuous process of targeted reflection and self-improvement – identifying your current and future needs, and working out how you can meet them. It also includes activities that improve awareness and identity, develop talents and potential, build human capital and facilitate employability, enhance quality of life and contribute to the realization of dreams and aspirations. Producing a personal development plan against S.M.A.R.T objectives by: Improving self-awareness, improving self-knowledge, improving or learning new skills, becoming a self-leader, building or renewing identity/self-esteem, developing strengths or talents, improving wealth, spiritual development, identifying or improving potential, building employability or human capital, enhancing lifestyle or the quality of life, fulfilling aspirations, initiating a life enterprise or personal autonomy PLAN RESOURCES NEEDED TO IMPLEMENT THE PERSONAL DEVELOPMENT PLAN Questionnaires; Semester planners; Details of your meetings with your personal tutor; Academic and/or personal problems you may have encountered; Your academic targets; Personal records of your progress in course units; Exam results and other achievements; Your career goals. SECTION 4: IMPLEMENTING A PERSONAL DEVELOPMENT PLAN DESCRIBE THE IMPORTANCE OF MONITORING A PERSONAL DEVELOPMENT PLAN The importance of monitoring a personal development plan is to ensure that activities are kept within the parameters of the agreed strategic aims and objectives; Also to ensure that activities are consistent with personal vision, mission and values; and keep under review internal and external changes which may require changes to the personal’s strategy or affect their ability to achieve their objectives. It also helps in monitoring one’s progress, it helps in evaluating personal performance. USE APPROPRIATE TECHNIQUES TO REVIEW THE AIMS AND OBJECTIVE OF PERSONAL DEVELOPMENT PLAN. Solicit Feedback Regularly: Perception is reality. Seek to understand how people perceive you. You may not be achieving the impact you expected in leading or working with others. You cannot adjust your approach without the benefit of feedback that can inform you in terms of how your intentions were received by others. Be proactive in finding out what people think about you and your style of interacting and your approach. Be open to and appreciative of the feedback you receive, not defensive. Reflect on Performance: Some successful people are gregarious and extroverted while others are reserved and introverted. But all successful people know how to spend time alone being reflective and thoughtful about recent performance and behaviour. Always take ample time at the conclusion of major elements of work to reflect on the quality of what you produced and the effectiveness of your work with others. The key to reflecting on performance is remaining balanced in your self-assessment. Be self -critical: understand what you could have done better and learn from these mistakes. Know Your Strengths  and Weaknesses: As you collect feedback and reflections, come to understand your personal strengths and weaknesses. Know that everyone has both. Successful people build success from their strengths while they limit the negative impact of their weaknesses. UPDATE THE AIMS AND OBJECTIVES OF A PERSONAL DEVELOPMENT PLAN To develop the ability to make choices, set goals and take action. Develop a rational opinion and explain the reasoning behind it. Seek solutions/alternative options Listen and observe Be aware of disadvantage and changing needs – old age/ illness/ disability Develop positive relationships with a variety of people Share responsibility for group tasks Anticipate and counter negative reaction and rationale Resolve conflicts Make choices and decisions Set goals, plan, organise, promote, implement, evaluate. Recognized their own worth Demonstrate assertiveness, to enable active citizenship, at home, at school and in the community. REFLECTIVE LEARNING STATEMENT The main theme of this unit which is PERSONAL DEVELOPMENT have a significant impact in my work role and has helped me to realised the talent and competency in me. It allows me to be in control of my time, managing it effectively and utilizing it to the fullest. It also boost my confidence and sense of achievement with self belief as my life seems to be under my control. It assist me in setting adequate goals for myself and avoid procrastination at all cost The belief that I can achieve and be successful in whatsoever am doing is my strength at the start and end of this unit While time interval and access to books from the library serve as a weakness.