Tuesday, December 24, 2019

Descartes Argument of God - 1540 Words

God Does Not Necessarily Have to Exist In Descartes’ Meditations, he makes the strong claim that God must exist. I will first explain what Descartes’s argument for God’s existence is, and then I will attempt to support the argument that God does not need to necessarily exist through objections and replies. Premise 1: â€Å"We have an idea of God as an infinite and perfect being.† First, Descartes believes that there are properties that are inherently perfect. For example, being good is a perfection while being bad is an imperfection. A perfect being has all the perfections as properties. We have an idea of such a being as God. Premise 2: â€Å"Our minds are not infinite.† To begin this argument, Descartes entertains the idea that he cannot†¦show more content†¦Many depictions of God is a perfect human being, and it is not uncommon for one to imagine what a perfect person would possess. The thought is then transformed in an idea of a being whose properties are perfect in every wa y. This way, the imperfect human would have something to strive for. So the idea of God is simply a collection of ideas, who does not have an infinite amount of objective reality. Therefore, since the objective reality of God is not infinite, humans could have been the creators of the idea, granted that an effect must have as much reality as its cause. Here, Descartes might entertain the idea that God could be a creation of humans, and therefore he does not necessarily have to exist. So God does not exist, but we can agree that God is the idea of a perfect being. Existence, however, is a perfection. But God now lacks a perfection by non-existence. The perfect being now lacks a perfection. The perfect being is imperfect. Therefore, the argument is a contradiction and God must exist. With this indirect argument, I would like to challenge the premise that existence is a perfection. Descartes grants the idea that God does not necessarily need to exist, and he even says that God does not exist. So, my objection here is that a thing cannot possess a property or characteristic if it does not exist. Essentially, to have something, one must need to exist in the first place. In other words, the prerequisite for perfection is toShow MoreRelatedDescartes Argument For God s Existence Of God Essay1103 Words   |  5 Pagespaper, I offer a reconstruction of Descartes argument for God’s existence in the Third Meditation. Descartes tries to prove the existence of God with an argument that proceeds from the clear and distinct idea of an infinite being to the existence of himself. He believes that his clear and distinct idea of an infinite being with infinite â€Å"objective reality† leads to the occurrence of the â€Å"Special Causal Principle†. I will sta rt by discussing and analyzing Descartes clear and distinct idea of an infiniteRead MoreDescartes Ontological Argument For The Existence Of God1302 Words   |  6 PagesShields Word Count: 10/30/2014 Descartes’ Ontological Argument for the Existence of God The Ontological Argument for the existence of God is an a priori argument that aims to demonstrate that God’s real-world existence follows necessarily from the concept of God. In Meditation V of Discourse on Methods and Meditations on First Philosophy, Descartes presents his version of the Ontological Argument for the existence of God. In this essay, I will argue that this argument fails because necessary existenceRead MoreDescartes Second Argument For The Existence Of God1642 Words   |  7 PagesPaper: Descartes’ Second Argument for the Existence of God As with almost all of Descartes inquiries the roots of his second argument for the existence of God begin with his desire to build a foundation of knowledge that he can clearly and distinctly perceive. At the beginning of the third meditation Descartes once again recollects the things that he knows with certainty. The problem arises when he attempts to clearly and distinctly understand truths of arithmetic and geometry. Descartes has enoughRead MoreDescartes Argument for the Existence of God Essay1167 Words   |  5 Pages Descartes employs what is known as an ontological argument to prove the existence of God. Saint Anselm who lived during the 11th century first formulated this type of argument. Since then it has proved popular with many philosophers including Rene` Descartes. Even though ontological arguments have lost popularity with modern philosophers there has been some recent attempts to revive them. Descartes formulation is regarded as being one of the best because it is straight forward and relativelyRead MoreDescartes s Argument On The Existence Of God1834 Words   |  8 PagesIn A Discourse on the Method, Descartes attempted to prove the existence of God in a priori manner. He did not trust his own senses when trying to prove the existence of God and therefore he relied on the ontological argument. By making the same assumption made by Anselm, which was that an ontological argument assumes that existence is a predicate of God, Descartes is able to conclude that ‘God exists’ is true by definition because the subject ‘God’, who already contains all perfections, alreadyRead More Renà © Descartes Argument on the Existence of God Essay1528 Words   |  7 PagesRenà © Descartes Argument on the Existence of God The problem with Renà © Descartes argument about the existence of God has to do with his rationalist deductive reasoning. Descartes deduces that truth about the existence of God lies within his idea of a perfect God and Gods essence (as a perfect being who must exist in order to be perfect). A rationalist philosopher, Descartes discounts human knowledge as a product of our sensory data (our senses) but supports the epistemological stance thatRead MoreComparing Aquinas And Descartes Arguments For The Existence Of God766 Words   |  4 PagesAquinas and Descartes both have arguments for the existence of God, with some similarities and a multitude of differences. Descartes presents two major premises in his argument with his degrees of reality principle and his casual adequacy principle. It is possible for Descartes to be influenced by Aquinas, but the arguments for the same thing differ greatly that even if any inspiration Descartes could have pulled from Aquinas work is minimal, to say the least. Comparing Aquinas and Descartes they bothRead MoreEssay about The Existence of God: the Arguments of Locke and Descartes965 Words   |  4 Pages Descartes believes that Gods existence is clear and distinct. God exists because the thought of God is derived from a completely clear and distinct idea from within his being (which he concedes is a thinking being). Having come from distinct thoughts, the idea of God can therefore never be considered a falsity. From this very distinct idea of God comes everything else that one grasps distinctly and clearly. He states, From the fact that I cannot think of God not existing, it followsRead MoreDescartes Meditation Iii1297 Words   |  6 PagesPhilosophy Descartes tries to prove the existence of God in the third meditation. He does this by coming up with several premises that eventually add up to a solid argument. First, I will explain why Descartes ask the question, does god exist? And why does Descartes think he needs such and argument at this point in the text. Secondly, I will explain, in detail, the arguments that Descartes makes and how he comes to the conclusion that God does exist. Next, I will debate some of Descartes premisesRead MoreDescartes Meditations On First Philosophy1712 Words   |  7 PagesDescartes’ Meditations on First Philosophy (1641) contains six Meditations. In the first two of these Descartes addresses doubt and certainty. By the end of the second Meditation Descartes establishes the possibility of certainty by concluding that he is a â€Å"thinking thing† and that this is beyond doubt. Having established the possibility of certainty, Descartes attempts to prove the existence of God. The argument he presents in the Third Meditation for the existence of God has been nicknamed the

Monday, December 16, 2019

Internship Report on Ptcl Free Essays

string(71) " its own unique business processes to meet requirement and challenges\." INTERNSHIP REPROT On FI-CO_ERP in [pic] ERP-Accounts Finance Submitted By Faisal Rasheed Internship Report on PTCL Purpose Of Internship The purpose of this internship is to understand how the practical work is performed in a computer based ERP solution. In addition, to practically learn concepts which have been learned theoretically in education and to develop the understanding of the function performed by ERP Accounts and Finance. Scope of Internship In six weeks training span, it is difficult to understand every work flow of each Sub sections of Accounts Finance department because of its huge volume of work. We will write a custom essay sample on Internship Report on Ptcl or any similar topic only for you Order Now The main focus was in the FICO module including General Ledger, creation of vendors, Customers, issuance/Receiving of advance, parking of invoices, posting and payment/receipt of invoices and cheque printing, Addition in Defaulters, Bad debts Provisions, Adjustment of Provision, and Recovery from Defaulter. Constitution and ownership, Mission, Vision Core Values Pakistan Telecommunication Company Limited (PTCL) Pakistan Telecommunication Company Limited (â€Å"the holding Company†) was incorporated in Pakistan on December 31, 1995 and commenced business on January 01, 1996. The Company is listed on Karachi, Lahore and Islamabad stock exchanges. The Company was established to undertake the telecommunication business formerly carried on by Pakistan Telecommunication Corporation (PTC). The business was transferred to the Company on January 01, 1996 under the Pakistan Telecommunication (Re-organization) Act, 1996 at which date the Company took over all the properties, rights, assets, obligations and liabilities of PTC except those transferred to National Telecommunication Corporation (NTC), Frequency Allocation Board (FAB), Pakistan Telecommunication Authority (PTA) and Pakistan Telecommunication Employees Trust (PTET). The registered office of the Company is situated at PTCL Headquarters, G-8/4, Islamabad. As a consequence of PTCL’s privatization during 2006, 26 % of its shares were acquired by Etisalat International Pakistan LLC, based in the UAE. Pak Telecom Mobile Limited (PTML) PTML was incorporated in Pakistan on July 18, 1998, as a public limited company, to provide cellular mobile telephony services in Pakistan. PTML commenced its commercial operations on January 29, 2001, under the brand name of Ufone . It is a wholly owned subsidiary of PTCL. The registered office of PTML is situated at F-7 Markaz, Islamabad. Maskatiya Communications (Private) Limited (MAXCOM) On March 01, 2010 the holding Company acquired 100 % shares of MAXCOM. MAXCOM has been voluntarily wound up, effective June 01, 2011 based on a special resolution passed by the members of MAXCOM. The net assets of MAXCOM have been transferred to PTCL at a book value amounting to Rs 68,382 thousand and the goodwill related to acquisition of MAXCOM has been written off during the year. PTCL Corporate Vision To be the leading ICT service provider in the region by achieving customers’ satisfaction and maximizing shareholders’ value. PTCL Mission To achieve our vision by having: †¢ An organizational environment that fosters †¢ professionalism, motivation and quality. †¢ An environment that is cost effective and quality †¢ conscious. †¢ Services that are based on the most optimum †¢ technology. †¢ â€Å"Quality† and â€Å"Time† conscious customer services. †¢ Sustained gr owth in earnings and profitability. PTCL Core Values †¢ Professional Integrity †¢ Customer Satisfaction †¢ Teamwork †¢ Company Loyalty Organizational Structure Accounts Finance Department Related to ERP Only Under the President C. E. O, total 9 department head Including seven S. E. V. P’s, C. T. O and C. I. O are working each one is responsible for formulating planning strategies at corporate level with the support of their Teams. Each S. E. V. P has more than one E. V. P’s and their teams. Under S. E. V. P Finance– C. F. O, three E. V. P’s are working related to Revenue Accounts Revenue Assurance, Financial Planning Treasury Management, Accounts Services. Under the E. V. P- Accounts Services, total two General Managers including G. M Accounts Taxation Financial Reporting, G. M ERP Finance Assets Management are working. Each G. M has at least one Senior Manager or Manager or both. Each S. M or Manager has at least one Financial Analyst or Assistant Manager. Internees are reportable to Assistant Manager or Financial Analyst. ERP and Its Functionality ERP (enterprise resource planning) is an industry term for the broad set of activities that helps a business manage the important parts of its business. The information made available through an ERP system provides visibility for key performance indicators (KPIs) required for meeting corporate objectives. ERP software applications can be used to manage product planning, parts purchasing, inventories, interacting with suppliers, providing customer service, and tracking orders. ERP can also include application modules for the finance and human resources aspects of a business. Typically, an ERP system uses or is integrated with a relational database system. [pic] SAP – ERP Solution and its Functional Support [pic] SAP (System Application Product) R/3 is a 3 tier Real time data processing system developed by SAP AG, a German software company. The R/3 system, which is also known as ERP (Enterprise Resource Planning) System, is a tightly integrated collection of applications designed to handle the entire data processing for many different types and sizes of organizations. Within R/3 is a run time environment and a set of application programs written in ABAP/4 programming language, which are highly customizable and scalable. SAP R/3 system has a three-tier client/server architecture. The classic configuration of an R/3 system contains three software layers, as given in the below picture. [pic] †¢ Presentation layer The PC-based GUI interface that is used by the end-user community. †¢ Application layer The SAP application servers that service requests for data and manage the interface to the presentation layer. †¢ Database layer The actual DBMS that communicates with the application servers to fulfill their requests for data. SAP allows the IT supported processing of a multitude of tasks, accruing in a typical company or bank. SAP ERP is differing from R/3 mainly because it is based on SAP NetWeaver: core components can be implemented in ABAP and in Java and new functional areas are mostly no longer created as part of the previous ERP system, with closely interconnected constituents, but as self-contained components or even systems. SAP in PTCL Every company has its own unique business processes to meet requirement and challenges. You read "Internship Report on Ptcl" in category "Essay examples" That is why PTCL uses the SAP. SAP is standard project system it is divided into three servers. 1. Development Server 100 300 2. Quality Assurance Server 600 790 3. Production. Server 800 In the development Server 100 new developments are made by SEMINES/ PTCL Development Team with help on business functional Team leads, technical coding is done in this server through SPRO ABAP Language. The ERP staff consolidates the issues of users and solves them as per requirements. ERP Team Test the development made in development Server 300. Development server data, after testing the codlings and commands, is readily available for transferring to quality server. In the SAP the quality assurance is made for learning and testing. The QAS(Quality Assurance Server) 600 or 790 is used for the trainings purposes and to familiarize the user with the system. After testing the data, based on real scenarios, in quality Server the data is ready for transferring in production from where the users use it live. Production Server 800 is the main and live part of System Application Product on which all the financial and non financial records are kept on real time basis. FICO( Financial Controlling) Module Includes the Following FI (Financial):- †¢ General Ledger accounting †¢ Accounts payable Accounts receivable †¢ Asset accounting †¢ Travel Management CO (Controlling):- †¢ Cost element accounting †¢ Cost center accounting †¢ Internal orders †¢ Profit center accounting †¢ Profitability analysis Following Pictures will help you in understanding the SP ERP FICO Module and the related departments head functions of any organization. Process Flow: Payments FR: Signatory Authority and Responsibility for Payment Drawing and Disbursement Office (DDO) i. e S. M of each region who is responsible for all nature of payment recoveries related to employees, supplier and contractor as per policies and contracts made by this department. Financial Reporting DDOs in regions recognize the financial transactions in whole month and the 3 working day of the next month are given to each department so that they can make sure the closing of last month is completed. Accounts section in the head quarter downloads all data related to each month from the main server prepares an unregistered trail balance for the same, and then forward it to the SM nominal ledger for finalizes the records hence the financial information with any error can be rectified immediately so that Financial Statements can made on timely basis. Monthly accounts, Quarterly, Half yearly Yearly accounts are maintained and compared with the last year. Some estimates and provisions at year end are taken to the annual report. PTCL follow financial year from July to June Whereas ETISALAT follow calendar year as Financial Year. ERP SAP Assignment I was given internship with GM ERP-Finance whereas I had worked with Manager ERP-Finance and Financial Analyst D. B I. S. They taught me many concept of SYSTEM APPLICTION PRODUCT (SAP) – FICO, I am very thankful to both of them. Following are the major activities performed by Financial Analyst in Accounts Payable; a part of FICO Module in SAP. Vendor Master Record: †¢ Create/Change/ Display/ Block or Unblock Vendor Master Data (T CODE FK01, FK02, FK03,FK05): Type FK01 in command Line and press enter; here you will be asked for the fields of vendors to be filled like Company Code, Vendor Group, Title Mr. Mrs. M/S etc, Name, street address, Postal Code, Telephone, VAT Reg No, Vendor Bank Details, Sort Key, Payment Terms, and Payment Method. For the display use FK02 and if any changes in any field of vendor required use FK03. If you want to block or unblock any Vendor use FK05. See below how to do the above task manually means without using TCODES, by using SAP Menu. †¢ Parking of vender invoice (TCODE FV60, F-63) Credit Memo(TCODE FV65): Parking saves the data in the form of batches, here the entry is saved but without updating the related ledge. Posting is required for updating GL Balances. You can park invoices or credit memos which mean that you enter the invoice data or credit memo data in the system and save it in a document, but the system does not post this invoice initially. You can change a parked document as often as you wish, for example, by adding or correcting data. The changes are logged. When you have finished changing the document, you can post the parked document. Only when you post an invoice or credit memo, does the system carry out the normal account movements and make the necessary updates. Why we Need of Parking? Document Parking by One Accounts Payable Clerk An employee is interrupted when entering an invoice. He or she can park the document and continue processing it later on. This saves him or her having to enter the data twice. OR An employee wants to clarify certain issues before posting an invoice. He or she can park the document and continue processing it later on. This saves him or her having to enter the data twice. The process flow is organized in such a way that one employee parks invoices without checking them. Another employee then performs invoice verification and posts the parked documents, possibly after changing them. OR The process flow is organized in such a way that one employee saves invoices as complete for posting, this means that the balance is zero and no more changes are necessary. Another employee then approves these invoice documents, if they are subject to release. †¢ Posting of vender invoice/ Credit Memo or Changing in Parked Invoice (for TCODE See Picture): If you are directly posting an invoice/ credit memo then choose Document Entry 1st highlighted menu, otherwise to post the parked documents choose Parked document. Any changes in the post or parked document shall be dealt from the 2nd highlighted menu. †¢ Outgoing Payment or Down Payment or Print Cheques (for TCODE See Picture): Outgoing Payment means payment against the booked invoice which is dealt with the 1st highlighted menu. On the other hand, Down Payment means the Payment before the Invoice creation which is dealt through 2nd highlighted menu and the clearing of the same will also be dealt from this menu. In the both transaction you Debit the Vendor Account and Credit the Bank. Only difference is the Special GL indicator â€Å"a† which is used for down payment. As per PTCL / PTML policy no advance has been given to any Vendor without PO (approved) so this field is mandatory. Another interesting thing, payments are made by the Cheques (see highlighted 2nd 3rd menu). To print Cheques following steps are required. When a vendor invoice is parked document containing 25000xxx is generated. Next step is to post the invoice by a senior manager (as signatory authority) which generates document no. 26000xxx. Now Cheque is available for printing. Time barred Cheque is a type represents those Cheques which are not presented within six months, these will be reversed by the S. M. †¢ REPORTING: Display Balances, Display/Change Line Items, Clearing except Down Payment (for TCODE See Picture): From highlighted menu you can view the balances or you can change any line item or you can clear invoices, reversals, credit memos, outgoing Payment. However, Down payment partial clearing should be done from the down payment menu as mentioned in the previous page TCODE F-54. Clearing a vendor document means nothing is outstanding for the document; the document is completed in all respect. [pic] SAP Include many modules which are integrated with each other in such a way that output of one module can be used as input for another or the same module. The following Landscape Picture represents the all SAP modules functionality its practical application. Almost all of the modules are purchased by PTCL and working. Other Task other than ERP SAP SM Data Base Account coordinates with different integrated modules of system SAP i. e. FI, CO, HCM MM. SM Data Base Account is directly reportable to the GM Accounts for any problem regarding working in SAP and also reportable to gm ERP Finance regarding FICO Role assignment. Following are the some responsibilities of Financial Analyst Data Base Account on which I have worked. Account Payable (Create, Block, And Unblock Vender) Non PO Based Vendors are created in SAP by a financial analyst Accounts database. From time to time these vendors are blocked due to some reasons e. g. Vendor regularly not in use, block for payment or block for business. However, whenever any blocked vendor is needed it can be activated/ unblocked. Account Receiveable (Create, block, and unblock customer) Customers are also created in the account data base department. These customers can be blocked, unblock at any time as per the requirement of the user. Fico Role Assignment New employee is assigned to work on SAP FICO Module; user role assignment for quality server 90 is made by financial analyst Accounts database. This form includes the TCODES he or she is going to use on SAP. GM ERP Finance, SM Accounts Database, GM ERP Teams, and new user must sign Role Assignment Document. After this step, ERP team creates new user on QAS (Quality Assurance Server). Once the user is familiar with the TCODES and its working on Quality he or she can apply for the Production Server 800 which is also dealt from this office. Liaison with Finance, Accounts and ERP An interesting task which is also performed here is to convey the problem of the FICO end users to the ERP Team on timely basis so that solution can be immediately available for the user who can then work efficiently. Other Tasks To make each month a report of the users who are using TCODES which are not assigned any more to them and with the help of ERP Team withdraw these roles from their users as per authority matrix. To make sure all the GL, Vendor, Customers, Commitment items are also available in QAS 790 if compared with Production Server 800. MS Outlook is also used all over the departments and is becoming very powerful tool to convey massages on timely basis. This office receives emails for Vendors and Customers creation, blocking and unblocking. Special Terms used in SAP: I had gone through many TCODES in SAP which were the part of FICO; it is not difficult to grip on SAP in this 6 weeks training if you are familiar with these terminologies given below you can easily understand how SAP works. Commitment Item: These account numbers are basically used for the allocation of budgets. Relationship of CI to GL is one to many which means One CI can cover more than one GL. e. g. there are so many Maintenance GL, however only one commitment item for these GL’s can be choose for budget allocation. Sort Key: It indicates the layout rule for the Allocation field in the document line item. Assignment Field: Assignment Field is a part of Line Item Display. The system notes the line items that have been posted to each customer account. You can display the line items on the line item display screen. You can specify the sort sequence of the line items by entering a key in the Sort key field in the account master record. This key specifies how the Assignment field is to be filled in the line items that are posted to the customer account. When you call up the line item display, the system sorts the line items according to the contents of this field. You can change the sort sequence in the line item display. e. g. 002 is the sort key when you make Customer or Vendor for NON PO BASED in PTCL company code 1100. 002 sort key is configured to display the document number with fiscal year as assignment field. Special GL Indicator: For all line items in customer or vendor accounts which are updated to an alternative reconciliation account in the general ledger, the special G/L indicator determines which account is to be selected e. g. â€Å"A† is used for down payment of Vendors; â€Å"M† is used for defaulters of Accounts Receivable. Account Type: Key that specifies the accounting area to which an account belongs like asset accounts, customer accounts, vendor accounts, G/L accounts etc. The account type is required in addition to the account number in order to identify an account, since the same account number can be used for each account type . e. g. â€Å"K† for Vendors, â€Å"D† for Customer Document Type: It classifies the accounting documents. It is stored in the document header. Attributes that control the entry of the document, or which are themselves noted in the document, are defined for each document type. Like â€Å"KA† is a vendor document. Posting key specifies the nature of account (e. g. GL account, Customer account, Vendor account etc. ) and controls the debit / credit indicator of the amount e. g. â€Å"40† is used for GL Debit â€Å"50† is used for GL credits Stimulation: means overview of accounting document after: o Execution of all Substitutions o Execution of all validations o Creation of automatically created line Items Profit Center: A profit center is a management-oriented organizational unit used for internal controlling purposes. Dividing your company up into profit centers allows you to analyze areas of responsibility and to delegate responsibility to decentralized units, thus treating them as â€Å"companies within the company†. Cost Center: An organizational unit within a controlling area that represents a defined location of cost incurrence. Its a part of a company seen as a separate area of responsibility, location or cost-accounting entity. Place at which costs occur. Company Code: The company code is an organizational unit within financial accounting, e. g. 1100 for PTCL 1300 for UFONE (PTML). Account Group: The Account Group to which your vendor/ Customer/ Employee will belongs to. Control key in the Bank Details: Represent nature of account (i. e. Current a/c, Saving a/c, etc. ) Withholding Tax Type: This indicator is used to classify the different types of withholding tax eg. â€Å"Z2† is used payment for supply of Goods; â€Å"Z3† is used for contractors; â€Å"Z4† is used for payment of services W/tax Code: Codes determine is the various percentage rates for the withholding tax type. Liable: If you set this indicator, you tell the system that the vendor is subject to withholding tax for this withholding tax type. If the involved party vendor or employee is exempted from withholding tax so provide details of exemption. e. g. 3. 5%, 6% etc Reference Document Number: The reference document number can contain the document number of the business partner, but a different entry can also be made. The reference document number can be used as search criteria for document display/change. Period: Account transaction figures are updated per period within the fiscal year . A maximum of 16 periods can be updated. You define how a fiscal year is divided into periods per company code e. g. period means March and 1 period means July. Document Header Text: This text contains explanations or notes which apply to the document as a whole, that is, not only for certain line items. Findings and Recommendations in Processes †¢ In PTCL there is a room for improvement. Besides, this is one of the best organization w. r. t. its environment, culture and SOP’s. †¢ In my opinion, meetings with the lower st aff should also be done at least once in a month in a friendly manner. Managers, Senior Managers, General Manager should ask their working problems in their respective epartment and should also ask for the solutions. †¢ E mail in PTCL taken the place of meetings. In my point of view, email of an officer should be considered as authentic proof for getting required authorization for any task. †¢ Coordination and Communication between departments are excellent. †¢ One department must support another department irrespective of their own interest. Organization Interest must be the first priority while working. †¢ I believe that Job rotations should be done to improve skills of employees in all related departments. I found employees are very loyal and dedicated towards their assigned work. †¢ Extracurricular activities arrange by PTCL like Painting Exhibition is another good and relaxing activity for employees and their families. In my opinion, such occasion must be held at least once a year. SPECIAL THANKS I am indebted and thankful to the PTCL which gave me a chance to learn about the business processes of accounts and finance wing and also thankful to the staff especially to the Manager ERP Finance and Financial Analyst D. B I. S under whom I was attached with. They are all professional and cooperative and guided me that how to work in a professional environment. [pic][pic][pic] ———————– S. E. V. P Finance/ CFO President / Vice President E. V. P Account Services G. M Accounts G. M ERP Finance S. M Accounts D. B I. S Financial Analyst ERP Accounts Financial Analyst D. B I. S Manager ERP Finance Accounts ———————– 21 How to cite Internship Report on Ptcl, Essay examples

Sunday, December 8, 2019

Financing Of the Disney Project Samples †MyAssignmenthelp.com

Questions: 1.What sources of funds are there that Disney can use for the expansion? 2.What are the costs associated with getting capital for the expansion? Answers: 1.The sources of funds that Disney can use for its expansion are discussed below;- Equity Financing Equity ?nancing is the best source of fund for Disney for its expansion. In equity financing Disney will need to exchange a portion of its ownership of business for the financial investment in the business. The ownership stake resulting from an equity investment allows the investor share in the Disneys pro?ts. Equity involves a permanent investment in the company and is not repaid by the Disney at a later date Preference shares Disney can also issue preference shares for funding its expansion. Preference shares issued by Disney will have a fixed percentage ofdividendwhich is paid to the ordinary shareholders. If Disney issues ordinary shares then preference dividend will be paid only if sufficient distributable profits are available, however if Disney issues 'cumulative' preference shares then right to an unpaid dividend will be carried forward by Disney to later years. The arrears of dividend on cumulative preference shares must be paid by Disney before it pays any dividend to the ordinary shareholders.(Philips, 2014) Debentures Another source of fund available to Disney is Debenture. Debentureis a certificate of acceptance of loans which is given under the Disney's stamp and it will carry an undertaking that the debenture holder will get a fixed return (fixed on the basis of interest rates) and the principal amount whenever the debenture matures. It is issued for a long periods of time. Debentures can be freely transferrable by the debenture holder. Debenture holders will have no voting rights and the interest given to them by Disney is a charge against profit.(2014, ANZ) Bank loan Another source of fund for Disney is borrowing from Bank. Disney can borrowfrom bank on short term, medium term or long term as per its requirement. Disney will have to pay interest on such borrowing. This interest may be fixed or variable. Disney if takes a long term loan then it will be required to security or collateral for the loan.(hall, 2012) Leasing Disney can also fund its expansion by leasing. A lease is an agreement between two parties, the "lessor" and the "lessee". The lessor owns a capital asset, but allows the lessee to use it. The lessee makes payments under the terms of the lease to the lessor, for a specified period of time. Leasing is, therefore, a form of rental. Leased assets have usually been plant and machinery, cars and commercial vehicles, but might also be computers and office equipment. There are two basic forms of lease: "operating leases" and "finance leases".(Business, 2015) 2. Weighted Average Cost of Capital(WACC) is the arithmetic average (mean) capital cost, where the contribution of each capital source is weighted by the proportion of total funding it provides. WACC is usually expressed as an annual percentage. Cost of Borrowingsimply refers to the total amount paid by a debtor to secure a loan anduse funds, including financing costs,account maintenance, loan origination,and other loan-related expenses. A cost of borrowing sum will most likely be expressed in currency units such as dollars, pounds, euro, or yen. Cost of Debtis the overall average rate an organizationpays on all its debts,typically consisting primarilyof bonds and bank loans. Cost of debt is expressed as an annual percentage. Cost of Equity(COE) is a part of a company's capital structure. COEmeasuresthe returnsdemanded bystock marketinvestors who will bear the risks of ownership. COE is usually expressed as an annual percentage.(Wyka, 2014) Cost of Fundsrefers to the interest cost that financial institutions pay for the use of money, usually expressed as an annual percentage. Hence it could be said that these above sources could help the project Disney to get the required resources that it would be needed to finance the entire project of the company as a whole. The sources highlighted here consists of the major sources that are available in the case of the finance of the various projects that are being used to growth of the company and help the company to expand in the current scenario and arrange the funds without any distress.(UELAND, 2011) Bibliography 2014, A. R. (n.d.). ANZ. 1-1. Business, B. (2015). banks. 1-1. hall, A. (2012). 5 Ways of Funding A Business: How To Get Your Piece Of The Pie. Forbes , 1-2. Philips, R. (2014). Antisense Therapeutics. Answer , 1-1. UELAND, S. (2011). 13 Crowdfunding Websites to Fund Your Business. Practical Ecommerce , 1-1. Wyka, S. (2014). Biomass Project Financing Solutions in Today's Difficult Capital Markets. Biomass , 1-1.

Saturday, November 30, 2019

West Marine Case free essay sample

Once West Marine can determine their root cause for error in their supply chain, corrections can be made. Decision Criteria Analysis of alternatives Perhaps the easiest approach to the acquisition of BoatU. S. is to leave BoatU. S. ’s current demand and forecast planning untouched and separate from West Marine’s planning processes. This would be inexpensive and non-disruptive to the current corporate culture. The drawbacks, however, could be a slow steady decline in profitability and reliability of the BoatU. S. brand, hence the reason for the acquisition in the first place. However, management can use the testament of various metrics in the Supply Chain at West Marine since the EB Marine acquisition, and implement a SOP and CPFR system into the BoatU. S. brand line. The benefits to implementing such a comprehensive SOP and CPFR plan are clear in the literature such improved customer satisfaction, increased in-stock percentages (2-8%), and inventory reductions of 10-40%. We will write a custom essay sample on West Marine Case or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page (Lapide) These benefits will be a crucial help to the BoatU. S. brand and better align them with their competitive competencies. Which includes catering to a more sophisticated boater who highly values customer service. Improving in-stock percentages will solve a current problem in BoatU. S. ’s stores with high volume/high margin items missing from stores; perhaps adding to customer service as well. (p. 21) Also, the reduction in inventory will contribute to relieving the dilapidated distribution center in Maryland. Giving management time to evaluate the need for a new better planned warehouse, or renovate the current one for more efficient operations. Recommendations and Justification of Decision Our team proposes West Marine’s management proceed with the acquisition of BoatU. S. and immediately devise and implement a strong Sales and Operations Planning strategy to strengthen the internal demand planning and forecasting within BoatU. S. To accomplish this, top management must take a top-down as well as a bottom-up approach with clear financial performance goals. First, comprehensive information systems must be installed to collect accurate point-of-sale and warehouse data and report it in a way managers can make decisions. Here are my thoughts. While the adoption of the CPFR has shown improvement in supply chain issues, they need to incorporate a SOP program to shape the demand and improve forecasting and planning. Having recently adopted the CPFR standards, are they up to implementing another big endeavor such as this? I think they should take on the acquisition of Boat US as a pilot program. Not only should they adopt the current CPFR standards that have shown improvements, but they should also begin the top down and bottom up planning efforts as described in the SOP literature. As I mentioned in an email, the case narrative doesn’t mention any in-depth planning from the top- level management. They do state that product clusters have people responsible for setting prices and determining margins independently. Also, West Marine’s performance measures are pretty much all financed based, that is they are focused on ROI, EPS and so on. By focusing on the collaboration with the suppliers, they are addressing concerns such as stock outs and delivery times, but how are these translating in to the overall company goals?

Tuesday, November 26, 2019

Literary Analysis of A Portrait of the Artist as a Young Man essays

Literary Analysis of A Portrait of the Artist as a Young Man essays A Portrait of the Artist as a Young Man is an extraordinary story about Stephen Dedalus and how he is effected by the Catholic religion. Stephen grows up with his nationality and faith playing a gigantic role in his life. His community has many religious expectations that he learns to live by. Eventually, Stephen decides that that is not what he wants out of life. He eventually gives all of it up to pursue his dream of being a writer. While Stephen is young, his Irish nationality and Catholic faith heavily influence him. At Clongowes Wood College, he attended a strict Catholic boarding school. In the beginning Stephen is lonely and homesick while attending the school, but as time goes by, he finds friendship among the other boys. While at school, he is a devout Christian. He had to undress and then kneel and say his own prayers and be in bed before the gas was lowered so that he might not go to hell when he died (Joyce 30). He would pray like this because the Catholic faith made him feel like a sinner and Stephen did not want to go to hell. Stephen planned to end up in heaven when he died. Stephens first sexual experience takes place with a Dublin prostitute. He had only wanted to be held by her. His lips would not kiss her. With a sudden movement she bowed his head and joined her lips to his and he read the meaning of her movements in her frank uplifted eyes (Joyce 109). He then lost all strength and surrendered to her kiss. This began to make him feel guilty and shameful. He then tries to reconcile his physical desires with the stern Catholic morality of his surroundings. During a period of time, he completely ignores his religious upbringing, throwing himself with debauched abandon into a variety of sins. Some of these sins include masturbation, gluttony, and more visits to prostitutes. Eventually he goes on a three-day religious retreat, Stephen hears a trio of fiery sermons about sin, ju...

Friday, November 22, 2019

Buddhism and Vegetarianism

Buddhism and Vegetarianism All Buddhists are vegetarians, right? Well, no. Some Buddhists are vegetarians, but some are not. Attitudes about vegetarianism vary from sect to sect as well as from individual to individual. If you are wondering whether you must commit to being a vegetarian to become a Buddhist, the answer is, maybe, but possibly not. It is unlikely the historical Buddha was a vegetarian. In the earliest recording of his teachings, the Tripitaka, the Buddha did not categorically forbid his disciples to eat meat. In fact, if meat were put into a monks alms bowl, the monk was supposed to eat it. Monks were to gratefully receive and consume all food they were given, including meat. Exceptions There was an exception to the meat for alms rule, however. If monks knew or suspected that an animal had been slaughtered specifically to feed monks, they were to refuse to take the meat. On the other hand, leftover meat from an animal slaughtered to feed a lay family was acceptable. The Buddha also listed certain types of meat that were not to be eaten. This included horse, elephant, dog, snake, tiger, leopard, and bear. Because only some meat was specifically forbidden, we can infer that eating other meat was permissible. Vegetarianism and the First Precept The First Precept of Buddhism is do not kill. The Buddha told his followers not to kill, participate in killing, or cause to have any living thing killed. To eat meat, some argue, is taking part in killing by proxy. In response, it is argued that if an animal were already dead and not slaughtered specifically to feed oneself, then it is not quite the same thing as killing the animal oneself. This seems to be how the historical Buddha understood eating meat. However, the historical Buddha and the monks and nuns who followed him were homeless wanderers who lived on the alms they received. Buddhists did not begin to build monasteries and other permanent communities until some time after the Buddha died. Monastic Buddhists do not live on alms alone but also on food grown by, donated to, or purchased by monks. It is hard to argue that meat provided to an entire monastic community did not come from an animal specifically slaughtered on behalf of that community. Thus, many sects of Mahayana Buddhism, in particular, began to emphasize vegetarianism. Some of the Mahayana Sutras, such as the Lankavatara, provide decidedly vegetarian teachings. Buddhism and Vegetarianism Today Today, attitudes toward vegetarianism vary from sect to sect and even within sects. On the whole, Theravada Buddhists do not kill animals themselves but consider vegetarianism to be a personal choice. The Vajrayana schools, which include Tibetan and Japanese Shingon Buddhism, encourage vegetarianism but do not consider it to be absolutely necessary to Buddhist practice. Mahayana schools are more often vegetarian, but even within many Mahayana sects, there is a  diversity of practice. In keeping with the original rules, some Buddhists might not purchase meat for themselves, or choose a live lobster out of the tank and have it boiled, but might eat a meat dish offered them at a friends dinner party. The Middle Way Buddhism discourages fanatical perfectionism. The Buddha taught his followers to find a middle way between extreme practices and opinions. For this reason, Buddhists who do practice vegetarianism are discouraged from becoming fanatically attached to it. A Buddhist practices metta, which is loving kindness to all beings without selfish attachment. Buddhist refrain from eating meat out of loving kindness for living animals, not because there is something unwholesome or corrupt about an animals body. In other words, the meat itself is not the point, and under some circumstances, compassion might cause a Buddhist to break the rules. For example, lets say you visit your elderly grandmother, whom you have not seen for a long time. You arrive at her home and find that she has cooked what had been your favorite dish when you were a child- stuffed pork chops. She doesnt do much cooking anymore  because her elderly body doesnt move around the kitchen so well. But it is the dearest wish of her heart to give you something special and watch you dig into those stuffed pork chops the way you used to. She has been looking forward to this for weeks. I say that if you hesitate to eat those pork chops for even a second, you are no Buddhist. The Business of Suffering When I was a girl growing up in rural Missouri, livestock grazed in open meadows and chickens wandered and scratched outside hen houses. That was a long time ago. You still see free-ranging livestock on small farms, but big factory farms can be cruel places for animals. Breeding sows live most of their lives in cages so small they cannot turn around. Egg-laying hens kept in battery cages cannot spread their wings. These practices make the vegetarian question more critical. As Buddhists, we should consider if products we purchase were made with suffering. This includes human suffering as well as animal suffering. If your vegan faux-leather shoes were made by exploited laborers working under inhumane conditions, you might as well have bought leather. Live Mindfully The fact is, to live is to kill. It cannot be avoided. Fruits and vegetables come from living organisms, and farming them requires killing insects, rodents, and other animal life. The electricity and heat for our homes may come from facilities that harm the environment. Dont even think about the cars we drive. We are all entangled in a web of killing and destruction, and as long as we live we cannot be completely free of it. As Buddhists, our role is not to mindlessly follow rules written in books, but to be mindful of the harm we do and do as little of it as possible.

Thursday, November 21, 2019

KSAs Essay Example | Topics and Well Written Essays - 1000 words

KSAs - Essay Example In order to produce an accurate report within the assigned deadline, it became necessary for me to combine all of the sources of information and create one sole source for the student data, which would permit easy access of the data to the Director. The final outcome: By developing a more organized system of data maintenance, it simplified the process of analyzing and summarizing information for the report, which in turn decreased the amount of time needed to compile and complete the report by the assigned submission deadline. The increased time also ensured the accuracy of the report. At the University of Maryland in the Student Support Services office, I was the first point of contact for both students and parents interested in the Summer Transitional Program. This program is designed to assist first generation/low-income students in making the transition from high school to college through the completion of a six-week intensive academic course load. Students who were invited to apply to the program were those students who were denied fall admission by the university’s Undergraduate Admissions office. Following the release of the early decision letters by the admissions office, I immediately began fielding telephone calls and receiving visits by students, parents, teachers and high school counselors inquiring about the program application process, requirements, costs and other questions and concerns. I assisted these potential students by communicating the necessary information verbally on the telephone or in person, and/or in writing through the forms of a letter, or email. At the University of Maryland, the spring semester is a very busy time for the Student Support Services office. In addition to assisting the current students in the program, the office is also in the midst of accepting applications and formulating the first-year student cohort for the upcoming

Tuesday, November 19, 2019

Strategy case analyses Assignment Example | Topics and Well Written Essays - 2000 words

Strategy case analyses - Assignment Example According to the European Commission, & Statistical Office of the European Communities (2007), in recent years, tourism has become the largest and most progressive industry with international revenues generated in tourism in 2011 reaching about 1.030 billion dollars. The market share of new destinations-former transitional, underdeveloped and developing countries have been on the rise. Their market share has increased from 30 percent in the 80’s to 47 percent in 2011 and was estimated to reach 57% by the end of 2013 (p 23). In many countries, tourism is the preferred option for economic and social development and it is, therefore, included in their political and developmental strategies. An example is Kenya, where tourism is the core of the economy after agriculture. Tourism is an unpredictable industry influence by a number of factors. Events like economic recession, natural disasters, terrorism acts, weather conditions and government policies significantly affect this industry. These determine where and how people spend their holidays. For example, an increase in the frequency of terror attacks and bombing may cause governments to issue travel advisories and alerts to its people not to visit the affected areas. This industry relies on advertisement and promotional tactics employed by the travel companies, governments and airlines. For example, in the UK, the Tourist Information Center (TIC) located all over the country serves the purpose of promoting and marketing tourism to local and international tourists. The key players in this industry in the UK include travel agents and tour operators like Thomas Cook and low cost airlines like Jet2, Easy Jet, Monarch and Ryaniar. Companies identify and implement a strategic plan by matching its capabilities with the demands of its environment in this process. It analyzes the initiatives and measures undertaken by top management in a company regarding resources and performance in

Saturday, November 16, 2019

Motorcycle and financial services Essay Example for Free

Motorcycle and financial services Essay Abstract The strength of Harley-Davidsons brand and dominant market position give the firm a wide moat, in our opinion. However, weaker consumer spending and tight credit markets are presenting the firm with some significant near-term challenges. In addition, we believe the firm must carefully broaden the appeal of its brand to secure its long-term success. Harley-Davidson is a cult brand that resonates around the world. There are more than 1 million members of the Harley Owners Group, and every year several hundred thousand Harley fans attend biking events at Daytona, Fla. , and Sturgis, S. D. Its no wonder that over 50% of Harleys revenues are generated from repeat sales and these sales are at premium prices to other motorcycle brands. In addition, with almost a 50% share of the U. S. market, Harley also achieves economies of scale greater than most of its competitors. A Harley is not just a bike it is an investment. brand loyalty, its economies of scale, and its network of mostly exclusive dealers have created significant barriers to entry, and as a result, Harley has achieved historical operating margins of over 20% and returns on invested capital of over 40%, excluding the financial services segment. JIT Principles JIT is an operational strategy which helps in making inventory levels lean. An organisation which goes for synchronous manufacturing incorporates JIT to have lower inventory levels. Synchronous manufacturing encompasses techniques of JIT to achieve the target. Organisations which have implemented JIT and are using synchronous manufacturing have a very lean system. It has minimum wastage and the highest possible quality. These organisations are cost effective and generally have higher margins than their competitors. This results in higher level of efficiency in the organisation and a better work environment. BPI helps in management of inventory and related operations. It is very important that organisation understand the importance of new methods and reengineer their processes in line with the requirements. The minimum level of inventory which is required as WIP is determined by the organization and then control efforts are put in so that there is always the minimum level available and it would never cross the maximum level. This is done because one cannot hold high levels of inventory because it comes at a very high cost and is an occupational and can be a operation hazard. The strength of Harley-Davidsons brand and dominant market position give the firm a wide moat, in our opinion. However, weaker consumer spending and tight credit markets are presenting the firm with some significant challenges and we believe the firm must carefully expand the appeal of its brand to secure its long term success. Harley-Davidson is a cult brand that resonates around the world. There are more than 1 million members of the Harley Owners Group, and every year several hundred thousand Harley fans attend biking events at Daytona, Fla. , and Sturgis, S. D. Its no wonder that over 50% of Harleys revenues are generated from repeat sales and these sales are at premium prices to other motorcycle brands. In addition, with almost a 50% share of the U. S. market, Harley also achieves economies of scale greater than most of its competitors. The intensity of the firms brand loyalty, its economies of scale, and its network of mostly exclusive dealers have created significant barriers to entry, and as a result, Harley has achieved historical operating margins of over 20% and returns on invested capital of over 40%, excluding the financial services segment. Despite its strong brand, sagging consumer spending on high-ticket items is likely to continue to depress volumes in the near term, and we expect the economic downturn to prolong the period of failing sales through 2010/11. The firm has already cut production in an attempt to trim costs in line with faling demand. in addition, just over half of Harleys motorcycle revenues are derived from retail sales made on credit. We think that the lack of available funds on the wholesale markets and the shrinking of the number of qualifying customers will make it difficult for the companys financial services division to continue to support retail sales by providing credit to customers. Harley must address some long-term challenges. The firm has been focused on a narrow demographic group (around 89% of customers are male) and the median age of Harleys customers has been on a long-term upward trend. We believe that the firm must find ways to broaden the appeal of its brand without alienating its core customer base. Harley has grown in recent years in the international market , and revenues generated abroad have risen to 25% of total revenues in 2007 from 19% in 2004. Although the firm has recently introduced a performance motorcycle for the European market, I think that it may find it difficult to deliver customized products for overseas markets while supporting its brand franchise. Risk Harleys revenues could be severely hurt by a further weakening of the global economy and increased reductions in consumer spending on high-ticket discretionary items, and the firm may not be able to securitize its receivables if the asset-backed security market is slow to recover. Harleys sales are focused on a thin demographic segment: 35- to 54-year-old males. In our opinion, the firm must broaden its appeal in order to secure its long-term profitability, but any missteps in marketing its products to other demographic segments could damage the brand. Harley-Davidsons brand resonates around the world, and it has particular strength in its key target market of 35- to 54-year-olds. Â  Historically, Harley has generated free cash flow at around 15% of revenues, allowing the firm to develop a strong track record of returning cash to shareholders through dividends and stock repurchases. Â  Through the downturn, Harleys management has been careful to maintain spending on research and development and marketing, important steps in maintaining the strength of the brand, in our opinion. The firm has worked successfully with its network of dealers to significantly reduce dealer inventory over the last 12 months. Â  Harleys core demographic, the baby boomer generation, is aging, and thats likely to reduce demand for Harleys products in the future. In order to mitigate the negative impact on revenues, the firm must improve its penetration in other segments. * Harley is likely to continue to face some severe short-term head winds, with anemic consumer spending likely to hurt revenues through 2010. The large inventory of used Harley motorcycles is likely to contribute to Harleys near-term challenges, as a greater number of under-pressure consumers may opt for a cheaper used model in the secondary market. Â  The turmoil in the credit markets is likely to raise the cost of the short-term capital required to fund HDFS. Â  Despite raising the retail rate on its loans, I expect the operating margins of HDFS to come under severe pressure through 2009. HDFS may also find it difficult to raise financing for retail credit in the wholesale markets. This could restrict the number of loans the firm can make to customers and thwart the firms attempts to support retail sales volumes. Inventory Management in Harley Davidson Growth: Historically, the strong spending power of the baby boomers, Harleys core demographic, has been favourable for the motorbike manufacturer. As the baby boomers age, however, I expect slowing domestic revenue growth to be only partially mitigated by international expansion. Profile: Harley-Davidson is the worlds leading manufacturer of heavyweight motorcycles, parts, and accessories. It sells the Softail, Sportster, Dyna, Touring, and VRSC models under the Harley-Davidson name, and it also manufactures the Buell brand. Harley-Davidson Financial Services provides wholesale financing to dealers and retail financing and insurance brokerage services to customers. Strategy: Harley leverages its strong brand to sell a broad range of motorcycling-related products. The firm is attempting to broaden its appeal to more demographic groups by expanding its product line-up. It is also focused on international expansion, and it has introduced a new performance-based bike in an attempt to increase its share in overseas markets. Management: I think the quality of corporate governance at Harley-Davidson is above average. I applaud the firm for splitting the chairman and CEO roles between two individuals, although I am concerned that the relationship between the two individuals serving in these roles may weaken the chairmans ability to provide independent oversight. CEO James Ziemers career at Harley blossomed under the leadership of former CEO and current Chairman Jeffrey L. Bluestein. In addition, although nine of the firms 12 directors meet the NYSE definition of independent, a total of six of them have served on the board for over a decade, and I believe that their long-term relationships with management, together with some related-party transactions, may further compromise their independence. Having said that, the Harley-Davidson board does contain a solid range of legal, accounting, and executive experience. Management compensation is skewed to long-term incentive components, and I think that this aligns the interests of the management team with those of shareholders. The firm has a strong track record of returning cash to shareholders, both through dividend disbursements and share buyback programs. Harley Reports Lower 3Q Earnings I am leaving our fair value estimate for Harley-Davidson in place following the release of third-quarter earnings, which were in line with our expectations. Revenue fell 8% year over year, to $1. 42 billion, as the economic downturn hurt retail sales volume, which declined 14%. The bright spot was international sales, but only a small part of the 11. 3% rise in international revenues was attributable to volume increases; most of the increase was caused by favourable currency movements. At Harley-Davidson Financial Services, the customer finance division, third-quarter earnings fell 28% from the same period last year, to $35. 6 million, because of lower securitization income and the write-down of some finance receivables held for sale. I was pleased to note that the firm is being proactive in securing alternative sources of funding for the finance division, in the event that it cannot raise funds in the unsecured debt market. However, we expect that Harleys funding requirements would be met comfortably by its bank credit facility, if required. Supply side Economic Scenario Given the continued macroeconomic deterioration and tightness in credit markets, I am raising our fair value uncertainty rating for Harley-Davidson. The companys growth has decelerated during the last three years, and year-over-year shipments were down 15% last quarter. In addition, we see significant downside risks to the contribution from Harley-Davidson Financial Services. Last quarter, financial services income was down 43% because of a $20 million reduction in securitization gains. Financial income was also affected by a $6 million write-down in retained securitization interests. Since that time credit markets have seized up, and its likely the firm will report increasing charge-offs on consumer loans in the coming quarters. Summary Business process reengineering is very critical for companies and industries which survive on innovation. Sometimes there are cases when old processes in the company are dying and their is a pressing need to rejuvenate then. This process of is known as business process reengineering. A company that does not innovate dies out in the market. Old operations over time die down and new process needs to be rebuilt into the system. This is where the concept of business processes engineering is very critical. The objective of the paper is to critically evaluate symptoms which suggests organisation to go for business process reengineering then come up with one of those symptoms and write a detailed analysis of it. References: http://www. emeraldinsight. com. / Gao, F, Li, M. Clarke, S. (2008). Knowledge, management, and knowledge management in business operations. Nonaka, I. (2005). Knowledge Management: Critical Perspectives on Business and Management. Taylor Francis. Tait, A Richardson, K. A. (2010). Complexity and Knowledge Management Understanding the Role of Knowledge in the Management of Social Networks. IAP Goldman, A. (n. d. ). Eliminating Bottlenecks. Retrieved 28th March, 2011, from http://www. gaebler. com (n. d. ). Retrieved Mar 27th, 2011, from Customer Relationship MAnagement: http://www. customerthink.com (n. d. ). Retrieved Mar 27th, 2011, from More is not value Proposition: http://sinekpartners. typepad. com Auction site. (n. d. ). Retrieved MAr 27th, 2011, from Harley Davidson Value: http://harleyauctionsite. com Harley Davidson USA. (2011, MAr 27). Retrieved Mar 17, 2011, from Harley Davidson: http://www. harley-davidson. com Impact Factory. (2010, Feb 2nd). Retrieved mar 27th, 2011, from http://www. impactfactory. com http://www. h-dsn. com/genbus/links. jsp Management Research Review. (2000) Johan Van Nimwegen, Brian H. Kleiner, Volume 23 issue 7/8.

Thursday, November 14, 2019

Comparison of Platos The Last Days of Socrates and Hesses Siddhartha

Comparison of Plato's The Last Days of Socrates and Hesse's Siddhartha       The Last Days of Socrates and Siddhartha are sources that reveal information about religious or philosophical ideas in the cultures that they focus on. While vast differences exist between the Greek and Indian values that shape their philosophies, they make similar assumptions as they attempt to make sense of the world. Understanding the dichotomous relationship of the soul and the body is integral to grasping the similarities and differences between the classical Greek and Indian paths because the way in which these concepts are understood defines the very nature of truth.    Socrates, the main character in The Last Days of Socrates, and Siddhartha, the central figure in Siddhartha, are both portrayed as learned men searching for truth. The author of The Last Days of Socrates, Plato, conceived the document as a representation of Socrates' method of inquiry. Although it is a primary source from the period (429-347 B.C.E.), the reader must consider that The Last Days of Socrates is a re-creation of events that may have happened, not a verbatim account. Siddhartha is a secondary source that explains an Indian philosophical journey through the perspective of a twentieth century German author. Thus, one must consider the author's bias towards his subject and remember that the ideas presented are one scholar's interpretation of the legend. By attempting to compare and contrast both sources' approaches to truth, one can make some observations about the way Greek and Indian cultures view truth; keeping in mind that the sources each merely represent one account of the historical events and ideas.    Intrinsic to Siddhartha and Socrates' searche... ...th. By becoming aware of the separation of the soul and the body, the indestructible and immortal nature of the soul, and the impossibility of the soul understanding truth while bound to the body, one can begin to understand how this dichotomy has shaped Indian and ancient Greek philosophy.    Works Cited Baumer, Franz.   Hermann Hesse.   New York: Frederick Ungar Publishing Co., 1970. Field, G.W.   Hermann Hesse.   Boston: Twayne Publishers, 1970. Hesse, Herman. Siddhartha. Dover Publications, 1998. Plato, The Last Days of Socrates.   Trans. Hugh Tredennick and Harold Tarrant.   London: Penguin, 1993. Welch, Carolyn Roberts.   Cliff's Notes on Hesse's Steppenwolf and Siddhartha. Lincoln: Cliff's Notes Inc., 1973. Ziolkowski, Theodore.   The Novels of Hermann Hesse: A Study in Theme and Structure. Princeton: Princeton University Press, 1965.

Monday, November 11, 2019

The Rattler

Eva Wambura 8/29/12 Period 2 The Rattler Rough Draft In the passage â€Å"The Rattler† the writer uses details about the man, details about the snake, and details about the setting to lead the reader to feel sympathy for both the man and snake. The detail that shows sympathy for the man is when he’s out for a walk and he unexpectedly comes across the snake. The man’s first instinct was to â€Å"let him go on his way† and he would go on his. This shows that the man wasn’t really aggressive and really did not want to hurt the snake. The man then goes on to decide if he should kill the snake or not.But he â€Å"reflected that there were children, dogs, horses at ranch, as well as men and women† and his â€Å"duty, plainly, was to kill the snake. † His indecision leads you to have more sympathy for the man because he came on to his decision only because he thought it was his duty and if it wasn’t for that he would have let the snake go. Even after killing the snake the man didn’t â€Å"cut off the rattles for a trophy† and imagined seeing the snake â€Å"as he might have let him go, sinuous and self-respecting† showing that he felt guilty of taking the life of the snake.The details of the snake show more sympathy for it than for the man. When the man first comes upon the snake the â€Å"head wasn’t not drawn back to strike† and â€Å"was not even rattling yet, much less coiled. † This was a sign that the snake wasn’t going to attack the man but was merely watching to see what the man was going to do. When the man got his hoe to attack the snake with it â€Å"shot into a dense bush†. The snake’s action shows his nonviolent behavior by defending itself another way then just attacking the man. Then the snake â€Å"shook his fair but furious signal, quite sportingly†.It’s warning the man that if he continued further he has no choice but t o attack. But soon the man â€Å"hacked about, soon dragged him out of it with his back broken. † The details of the setting show sympathy for both the man and the snake. The man was just having his â€Å"first pleasant moment for a walk after long blazing hours† and thinking he was the â€Å"only thing abroad† encountered the snake and thinks that it’s endangering his people. In sympathy for the snake the man is the one who stepped into the snake’s habitat. The man not only trespassed but also ended up killing the snake in its own home.When the man and snake crossed paths the â€Å"light was thinning† and â€Å"the scrub’s dry savory odors were sweet on the cooler air†. The beauty of the setting makes you think that the snake was on its own walk through the desert. Even though man killed the snake for the good of others you can’t help but feel sympathy for both characters due to the details of the setting, the man, and the snake. The man doesn’t want to kill and doesn’t take satisfaction in taking life but goes on instead and kills the snake because of his duty even though the snake was minding its own business and wasn’t bothering anyone.

Saturday, November 9, 2019

Environmental Studies Essays – Environmental Management Systems

Will Environmental Management Systems and associates Environmental Reporting enterprises aid the construct ofSustainable Development in application?The International Organization forStandardization ( ISO ) is a federation of non-governmental organisations ( NGOs ) created to lucubrate and better international criterions. The ISO initiallycreated general direction criterions ( the ISO 9000 Series ) for organizationsand industries that acknowledged the value of a systematic attack tomanagement. However, as economic growing and the environment have frequently been inconflict with one and other ( and industries today face many political, socialand economic force per unit areas to better their environmental public presentation – Gale, 1996 ) the ISO further developed the 14000 Series, which applied the same managementsystem as the 9000 Series to companies ‘ environmental issues ( The LexingtonGroup, 2005: 5 ) . The rules behind the ISO 14000 Series apply to any organisation, public or private, whose activities, merchandises or services interact straight or indirectly with the environment ( The Lexington Group, 2005 ) . The ISO 14000 Series rapidly becametheenvironmental policy criterion for companies to follow, and since its constitution in 1996 1000s of organisations have adopted the Environmental Management Systems ( EMSs ) . EMSs are used in the public and private spheres, at all graduated tables, from national to local authorities, and from big multi-national corporations to little in private owned concerns. This essay will discourse if, and towhat extent, EMSs ( and specifically the Environmental Reporting subordinate ) will help the construct of sustainable development in application. This essay isstructured as follows: foremost, it discusses the most of import of the ISO 14000standards, the EMS ; 2nd, it considers another ISO 14000 constituent, Environmental Reporting ; 3rd, it analyses and considers the variables andapplication of sustainable development ; 4th, it turns to a few instance studiesto exemplify how EMSs work in pattern ; and eventually, it draws some conclusionsabout how effectual these criterions are in helping the construct of sustainabledevelopment. Environmental Management Systems As discussed in the Introduction, the ISO 14000 Series was developed to use the ISO ‘s widely recognizedmanagement systems to a company ‘s environmental issues ( The Lexington Group,2005 ) . The EMS, or ISO standard 14001, rapidly became the internationallyrecognized model for environmental direction, measuring, rating andauditing ( GreenBiz, 2005: 1 ) . To name a few illustrations, the duties ofthe EMS include: making a elaborate environmental policy for an organisation, analyzing the environmental impact of its merchandises, activities and services, set uping environmental aims, helping the organisation in meetingits legal and regulative demands, supplying preparation to employees, andoverseeing the company ‘s auditing process. The EMS meets international criterions, but is tailored to specific operations, leting companies to command the environmental impact of their activities, merchandises, and services ( GreenBiz, 2005: 1 ) . Though an organisation could, ofcourse, set up these really guidelines and parametric quantities themselves, companiesoften find that ISO 14001 adherencehelps to run into the ever-increasingenvironmental criterions and concerns of the planetary market place ( GreenBiz,2005:1 ) . Other likely benefits for a company efficaciously implementing an EMSare legion and include, among others: . a more effectual and systematic attack to pull offing itsinteractions with the environment ( The Lexington Group, 2005 ) ; . bettering cost-effectiveness ( by salvaging the money and staff timenecessary to pull off environmental personal businesss independently – The Lexington Group,2005, every bit good as by bettering efficiency and in bend cut downing the costs ofenergy, stuffs, all right and punishments – Morrow and Rondinelli, 2002:162 ) ; . leting companies to convey their environmental policies moreeffectively to neighboring communities and other stakeholders ( The LexingtonGroup, 2005 ) ; . and bettering their image and pulling clients through theestablishment of a strong image of corporate duty ( Morrow andRondinelli, 2002: 163 ) . All of these benefits, of class, increase the likeliness that companies will assist lend to sustainabledevelopment. However, the cost and benefits of an EMS ( and in bend, theprobability that the EMS will play a function in sustainable development ) fluctuateconsiderably depending on a scope of standards. These might include: the type oforganization, its bingeco-efficiency, the organisation ‘s possible environmental impacts or hazards, the extent towhich a company antecedently implemented facets of environmental sustainability, and the premium placed on sustainability by the organisation ‘s stakeholders andcustomers ( The Lexington Group, 2005 ) . Whilst this subdivision has outlined EMSs and their possible beneifts, the undermentioned subdivision will discourse Environmental Reporting, its association and influence on EMS, and its part to the sustainable development of organisations. Environmental Coverage Corporate coverage is an essentialcomponent of concern direction. It is defined as the voluntary publicpresentation of information about an organisation ‘s non-financial public presentation -environmental, societal and economic – over a specified period, normally afinancial twelvemonth ( Department of Environment and Heritage, 2005: 1 ) . These can bemade public in a assortment of ways, including as a stand-alone papers, on a companywebsite, or as a constituent of an Annual Report ( Department of Environment andHeritage, 2005 ) . An Environmental Report is a cardinal constituent of the ISO 14000 Series, and an indispensable measure to increasing transparence and, as a consequence, answerability in a company ‘s environmental patterns ( Department of Environment and Heritage, 2005 ) . The pattern of Environmental Reporting is going more common because of force per unit area from stakeholders, every bit good as a general public demand for increased openness on environmental issues ( Kolk, 1999 ) . Further, some states have now begun to enforce legal duties on houses to bring forth Environmental Reports ( Kolk, 1999 ) . A Corporate Environmental Report ( CER ) is, in kernel, a agencies to leaving a company ‘s environmental performance.Arguably, the most of import map of the CER is to let the organizationto evaluate its observation of the environmental policies, ends and objectivesset out in its EMS ( United Nations Environment Programme, 2005 ) . It is alsoused to: exhibit a company ‘s EMS and corporate duty ; show tokey stakeholders, every bit good as to clients, that it is following with theirdemands ; assist a company path its ain advancement and place internal strengthand failings ( United Nations Environment Programme, 2005 ) ; and measure itscurrent public presentation and put farther hereafter ends. The general social demand for increased transparence on environmental issues, and in bend environmental coverage, is exemplified by the fact that the most complete studies are published by industries with hapless or controversial public images, i.e. , the chemical or lumber industries ( Davis-Walling and Batterman, 1997 ) . In so long as there is objectivityand honestness, environmental coverage can be conducted either internally orexternally ( Rice, 2005 ) . Undeniably, for environmental coverage to beworthwhile, it must be believable, and there is increasing force per unit area from twospecific waies to verify environmental studies: foremost, there is asignificant move from environmental statements and purposes to quantified, comparable, verifiable, and even verified information ( Kolk, 1999: 225 ) ; andsecond, the demand of independent, third-party confirmation andcertification as an about expected component of every worthwhile attempt ( Rice, 2005: 1 ) . Though Environmental Reporting hasa large function to play in helping the long-run sustainability of an organisation, it is however a procedure plagued with jobs. Research seems to indicatethat environmental coverage is typically lacking and non of a standard tosatisfy the information demands of assorted categories of study readers ( Deegan andRankin, 1999 ) . An independent survey of the environmental studies of the Fortune50 houses found that none provided information that was sufficient forcomprehensive or comparative analyses of environmental public presentation ( Davis-Walling and Batterman, 1997: 1432 ) . Research suggests that one of thebiggest jobs is that a company can get down its environmental reportingwhenever it wants, and that this frequently leads to dissatisfactory consequences. Environmental Reporting, so, typically comes before the EMS, and could therefore merely act as a statement ofobjectives, and non the researched and analysed study on the achievement ofenvironmental aims under an EMS that it ‘s meant to be. To be practicaland effective ( and non merely a statement of environmental policies ) environmental coverage should truly be developed farther along theimplementation of the ISO 14000 Series. Additionally, it should be a continuousprocess, and referred back to once more and once more in an effort to consolidate theEMS and efficaciously analyze the companies ‘ advancement. This chronology supports the ISOspecification that organisations seekuninterruptedbetterment: bycontinually describing, as opposed to supplying a one-off initial study, organisations can repeatedly measure and accommodate their EMS. In kernel, it isimportant to underscore that the CER is a agency to environmental betterment andgreater answerability, non an terminal in itself ( United Nations EnvironmentProgramme, 2005: 1 ) . Consideration of the variables and application of Sustainable Development The term ‘Sustainable Development'was foremost used in 1987 inOur Common Future, besides known as theBrundtland Report of the United Nations ‘ Commission on Environment andDevelopment ( WCED ) . The definition offered by the Brundtland Report is stillthe most normally used today, and describes Sustainable Development merely, andarguably mistily, as development that meets the demands of the present withoutcompromising the ability of future coevalss to run into their demands ( WCED, 1987:43 ) . Sustainability is frequently regarded as the ‘buzz-word ‘ of development policy in the 21stCentury. Indeed, as The Economist competently stated: No 1 in their right head is against ‘sustainable development ‘ . Everyone thinks it would be terrific if there were less poorness, less pollution, less disease, less war, less corruptness ( 2002 ) . As an umbrella-term, its WCED definition has been instrumental in making a consensus, but less helpful in making and sketching a model for its accomplishment. Presently, there are in the part of 70 different definitions for Sustainable Development, and each allows organisations to construe the term in whatever manner they see fit. For that ground, EMS and Environmental Reporting are particularly of import for giving public and private administrations likewise, from a national to a local degree, the standardized model necessary non merely for showing their committedness to the pattern of sustainability, but for doing progress towards its existent accomplishment. As mentioned in the Introduction, economic growing and the environment are frequently regarded as being at odds, andthe ISO 14000 Standards are peculiarly of import for assisting organizationsand industry to make their coveted degree of sustainability, and to incorporatethe environment into their general model. Determining an EMS is anorganization ‘s first, and most critical measure in set uping what itsenvironmental facets are, and how it is traveling to cover with them. That said, any organisation can develop an EMS, and though it is an of import startingpoint, it proves small about an organisation ‘s sustainability in and ofitself. Environmental Reporting is hence indispensable non merely to move as the company ‘s ain environmental audit, but to show to stakeholders and society that they are so carry oning themselves in a sustainable mode. Furthermore, accomplishing sustainability is a complicated and long-run ( if non lasting ) procedure ; Environmental Reporting allows a company non merely to measure its achievements, but besides the chance to re-evaluate its mark. The undermentioned subdivision outlines some instance surveies of how organisations have used EMS and Environmental Reporting to minimise their environmental impact. Case Studies This subdivision will show a fewcase surveies to exemplify the value of EMSs and Environmental Reporting. Eachcase survey has been selected to demo scope in the pertinence of thestandards every bit good as to show their usage in both the populace and privatesectors. Solid Waste Management Division, Department of Public Works. Berkeley, California, USA. Description The Solid Waste Management Divisionis Berkeley ‘s municipal waste aggregation and disposal installation. It collectsplant dust, garbage and recycling from about 40,000 residential andcommercial belongingss, every bit good as runing a transportation station, anoil-recycling terminal, and a slump and buy-back recycling Centre. The SolidWaste Management System decided to implement an EMS ( affecting approximately 25 per centum of their 102 employees ) for a assortment of grounds, including: improving thefacility ‘s environmental public presentation, every bit good as employees participation inthis betterment ; doing the peculiar division consistent with the City'soverall environmental rules ; the EMS ‘ value as a marketing/publicrelations tool ; the decrease of costs ; and eventually, an increased competitiveadvantage. Decisions Through implementing an EMS, theSolid Waste Management Division was able to jointly find whatenvironmental impacts the installation had, or might hold in the hereafter. These werethen ranked and ends set to decrease the environmental impact of the facility.These included: extinguishing 98 per cent of dust atoms, cut downing theelectricity used by 250Kwh yearly, bettering the control of hazardousmaterials brought into the site by 75 per cent, adding three mailings per yearto enhance consumer engagement in recycling aggregation, cut downing waterconsumption by 25 per cent, and cut downing figure of pickups scheduled to reducefuel ingestion and emanations. Some of the direct benefits andcontributions to Sustainable Development have been: a decrease in airpollution for the full City of Berkeley ; deriving regard and bettercooperation from the Department of Public Works, including budget alterations ; andconsultation by other City of Berkeley Departments and other Solid Wastepractices all over the United States. Additionally, carry oning an EnvironmentalReport to find the effects of the EMS allowed the installation non merely to hum betterments that it had already made, but to analyze them and put newtargets such as: revising the occupation descriptions, rerouting to cut down the numberof stat mis covered each twenty-four hours, and implementing a new dust suppression system. Beacon Council, Nottinghamshire County Council, United Kingdom. Description One facet of the Beacon Council'sEnvironmental Reporting System is a to the full computerised monitoring andtargeting ( M & A ; T ) system for measuring public presentation at all 600 of theirbuildings. Datas from all public-service corporation suppliers ( including electricity, gas, coal, oil, biomass, and H2O ) are recorded in the specializer system. These are thenmonitored and benchmarked against national public presentation, and make the abilityto instigate disciplinary action to better public presentation. Decisions As reported by the Beacon Council, the M & A ; T system carries out the undermentioned maps: sets energy marks andmonitors public presentation ; sets energy budgets and controls expenditure ; validatesand verifies measures and recovers overcharges ; and proctors and reduces CO2emissions. The continual coverage of the M & A ; T system has been critical in itsconstant monitoring and improving of the Beacon Council ‘s environmentalsustainability. Gillepsie Decals, Inc. Wilsonville, Oregon, USA. Description Gillepsie Decals, Inc. is a40-employee screen-printing company in Oregon. To develop an EMS, the companytook the undermentioned stairss: foremost, it developed its environmental policy ; 2nd, it identified the company ‘s environmental facets and so ranked them in orderof importance ; and 3rd, it set out environmental ends and developed programsto achieve them. Decisions The company made a figure ofimprovements and took important stairss towards accomplishing environmentalsustainability. Two notable illustrations are: one, they reduced the sum ofwaste ink by developing criterions for ink commixture, and a computing machine record ofcolours and mixes for repetition occupations ; and two, they reduced their H2O use by requestinginformation from other companies on their H2O recycling systems, bypurchasing bottled imbibing H2O for employees ( and thereby bettering employeespirits ) ; and by put ining low-flush lavatory theoretical accounts. Gillespie ‘s have stated their committedness to uninterrupted environmental betterment, and have decided to develop other environmental facets in the hereafter. It is ill-defined whether Gillespie ‘s carried out Environmental Reporting, but it is evident that this procedure would be utile for both corroborating the environmental betterments already made, and finding what remains to be done to accomplish the coveted degree of sustainability. Decision EMS and Environmental Reportingwill so assistance in the construct of Sustainable Development in application. TheCase Studies in the old subdivision demonstrated some of the positive resultsof an organisation ‘s execution of an EMS. All three illustrations illustratedhow an EMS, and Environmental Reporting, contribute to the improvedenvironmental public presentation of the establishments in inquiry. The Gillespie CaseStudy was a really small-scale illustration of EMS that demonstrated how the systemcould work even for a little company. Furthermore, the first two instance surveies surely are a presentation of how the EMS and Environmental Reporting can lend to more than merely their establishments environmental public presentation. In the Berkeley illustration, it showed non merely how an EMS can lend to Sustainable Development for the individual establishment, but besides how this affects the metropolis as a whole, and can act upon similar establishments nation- ( or even world- ) broad. The Beacon Council Case Study is a utile illustration of how EMS can do non merely environmental sense, but fiscal sense as good. The first two illustrations besides servedto exemplify what a critical constituent Environmental Reporting truly is. Theyvalidated Rice ‘s line of concluding that for an EMS to be effectual, theEnvironmental Reporting non merely has to happen, but occur continuously.Environmental Reporting demands to be pushed farther down the time-line of theISO 14000 Series, and be something that occurs after the EMS has beenimplemented ( so it acts non merely as a statement of aims but as an actualreport ) , and on a continual footing because sustainability it non a one-off andsimple accomplishment. The Gillespie illustration is hence a utile illustration of how EMS can be effectual, but without consistent re-evaluation and uninterrupted coverage, the first set of alterations are improbable to be followed by another set. If this is the instance, an organisation ‘s environmental public presentation will at best remain dead, but more likely diminution, alternatively of continuously bettering. This will surely non help the construct of Sustainable Development in application. EMS and Environmental Reporting arenot, nevertheless, the Panacea for Sustainable Development. Reviews of thestandards that are proffered merely because they do non vouch SustainableDevelopment are contrary, and hazard throwing out the babe with the bathwater, or rejecting the indispensable with the unessential. EMS and EnvironmentalReporting are instead two individual parts of a possible solution with an infinitenumber of constituents. They should be seen, and valued, as such. Plants Cited Berkeley, City of ( 2005 )Solid Waste Management Division, Department of Public WorksCase Study, available from Eco-efficiency is the primary manner in which concerns can lend to theconcept of sustainable developmentThe vision of eco-efficiency is merely toproduce more from less. Reducing waste and pollution, and utilizing fewer energyand natural stuffs is evidently good for the environment. It is alsoself-evidently good for concern because it cuts companies ‘ costs, excerptsfrom the Bulleting of the World Business Council for Sustainable Development ( The Lexington Group, 2005: 6 ) .

Thursday, November 7, 2019

The Sign of Four Essay Example

The Sign of Four Essay Example The Sign of Four Paper The Sign of Four Paper The opening lines suggest that Holmes is a drug addict, alternating between morphine and cocaine, displayed when Watson asks:What is it today? I asked, morphine or cocaine? The drugs have physically taken their toll on Holmes, his white fingers take the needle before injecting the drug in to his sinewy forearm. Watson clearly objects to Holmes use of drugs, but is reluctant to protest, despite his knowledge of the dangers of drugs. Holmes accepts Watsons medical opinion, possibly because he is an army surgeon, however this is one of the rare times where Holmes acknowledges what Watson has to say. Watson is in awe of Holmes, he admires his great powers and repeatedly describes Holmes in an admirable fashion. Holmes can not stand being without work, and he takes drugs to pass the time, because he is restless. His mind rebels at stagnation. Holmes has an inflated opinion of himself, as he describes himself as superior over the police force, and that when Gregson, or Lestrade, or Athelney Jones are out of their depths which is their normal state, the matter is laid before me.  Holmes tends to show no emotion throughout the novel, the first time he shows this is in his critiscism of Watsons work you have attempted to tinge it with romantiscism. He says detection ought to be treated in an unemotional manner. Watson however, displays emotion frequently and it often hampers him in his work, but the romance was there he replies to Holmes critiscism. Watson looks up to Holmes almost like an older brother, and writes A Study in Scarlet specifically to please (him). Watson is irritated by (Holmes) egotism. His egotism surfaces again when he speaks of his French detective colleague. Watson describes the way the Frenchman speaks as a pupil to his master. Holmes is very knowledgable. He has several monographs, and he uses his knowledge to help him in his detection. Holmes takes the smallest details in to account or has Watson puts it an extraordinary genius for minutiae. Holmes uses his observations to deduce his answer, often assuming the most logical explanation, but not expecting an entirely accurate answer. Morstan seems confident from the way Watson describes her, she has a firm step. She possibly had a wealthy upbringing, but has recently come in to financial trouble. She is dressed in perfect taste but her clothes suggested they were created with limited means. Her lip (trembles) as she meets with Holmes, showing she is nervous.  Holmes delights at the prospect of a challenge, he rubbed his hands and his eyes glistened, for it means he has something to tax his mind with. He takes note of everything, opening his notebook. Marston must have been deeply saddened choking sob, and she can recall every detail, such as the exact day of the disappearance third of December 1878. It appears that many people seek guidance from Homles, examples include the Frenchman, Watson, Marston and later Athelney Jones. Watson must feel affection for her, as he gives her a admirable description in the opening paragraph, and that he replied ferverently to her question. He confirms this by calling her an attractive woman after her departure. Holmes is indifferent to this, prompting Watson to call him inhuman sometimes, rearding his lack of emotion. Holmes tells Watson not to allow your judgement to be biased by personal qualities. Holmes appears to be more upbeat when his mind his taxed. Holmes speaks to Watson as a pupil. He asks him questions that he already knows the answer to. Holmes is almost a mentor to Watson. At the end of the paragraph, Watson tries to convert to Holmes pattern of thinking by calling Marston a unit.  Holmes suffers from severe mood swings, a mood which alternated with fits of the blackest depression this is probably caused by his drugs. Watson seems to do a lot for Holmes, he poured out (tea) for him, but Holmes does not seem to do much in reply, concerning house keeping. When it comes to detective matters, Watson never disagrees with Holmes, ever. Holmes is very confident in his ability, which links in with his egotism. However, he takes no chances, and took his revolver with him.  Marston must have been close to Papa as she has a pet name for him. Watson describes a very gloomy scene outside, the mud coloured clouds drooped sadly. While Marston and Watson are slightly affected by emotion, Holmes rises superior over something as petty as emotion. Watson and Marston seem like excited children compared to the unflappable Homles.  Watson has clearly been used to a wealthy lifestyle, he shows this in the scornful way he describes the third rate house. Holmes shows this same first classness about him when he describes the area as not very fashionable. Watson is very distrustful towards the bald headed man as he gives a very negative description of him and his home. The home is described as sordid and common. Thaddeus lives with quite luxurious and Oriental furnishings such as a hookah. Watson has become very defensive for Marstons sake, which could be taken as sign of his affection for her. Thaddeus seems to be a trusting man towards his close companions, but he opposes the police or rough crowds. He describes Bartholomew as more superior to him. He must also have had a very wealthy upbring as he speaks of having to pay a large sum to hush it up. Major Sholto seems to have been greedy and more concerned of damaging his reputation than anything else, even at the expense of his friend. While Thaddeus seems very apologetic, and in giving the pearls to Marston he attempts to apologise, Bartholomew appears to have inherited his fathers greediness, and was reluctant to give over the pearls. Thaddeus seems to be in awe of his brother, who used Holmes-like methods to find the treasure. Thaddeus seems to be able to rise above the temptation of the treasure, whilst the others, apart from Holmes, seem entranced by the thought.