Personal financial planning report for Ms Lucy Hargreaves Essay

Personal financial planning report for Ms Lucy Hargreaves - Essay Example The report further plans to develop and implement an appropriate action plan so that all objectives are achieved at most optimum utilisation and allocation of scarce resources. Considering the fact that the system is composed of both systematic and unsystematic risks and also that the future is uncertain, it will be logical to make some important assumptions in the report so that the outcomes appear more realistic. The report is sub-divided into separate sections highlighting specific aspects related to financial plan. For your convenience, all calculations are included and confined to the Appendices section of this report to maintain clarity of presentation. The report begins with a summary of your priorities and objectives, followed by an outline of your probable attitude towards risk. Then the report makes an assessment of your current financial situation based on the objectives and assumptions and finally the report concludes with recommendations on how you will be able to achiev e your goals. 2) Goals & Objectives 2.1) Immediate Objectives The most apparent immediate objectives are as follows: Protection of your current investments Prioritise financial security for yourself and your family considering the fact that your brother is currently unemployed and lives with your parents Prepare a coherent investment plan for investments in OEIC as the stocks are not performing well currently Protect the capital invested by investing in less risky assets as you have low appetite for risk You are concerned that you might end up paying higher taxes to authorities on your savings and investments and hence you need proper tax planning 2.2) Long-term Goals To save towards a deposit scheme on flat at some time in the near future You are also interested to join a pension scheme so as to achieve financial security even after your retirement (Age UK, 2013) Both your parents are teachers and are planning to retire in 5 years implying that investment in a pension scheme is mus t for future financial security (Standard Life, 2013) Your father has minor health issues but it would be safe to plan proper health insurance scheme in advance so that during situations of emergencies your family is protected Tax savings from incomes and investments In order to achieve the above mentioned objectives, it is important that the report considers aspects of personal retirement planning, risk management, education funding, mortgage planning, and tax planning. It is also important to remember that financial risk arise from debt obligations and hence a part of saving s and investments must also be channelled towards payment of existing liabilities or debts (like use of credit cards and unsecured debts). 3) Current Scenario Analysis On our first appointment I came to know about the fact that you have already purchased Gilt securities worth ?1,500, shortly after your graduation. The primary reason that you have invested in this type of asset class is that you consider Gilts as less risky investment. It was also given that a couple of years ago you purchased OEIC

The Role Of Franchising Tourism Essay

The Role Of Franchising Tourism Essay What is a franchise according to the American heritage dictionary franchising means using one that is granted to use a business model in a certain area for a fee. Well it does not matter how the transaction or agreements are done whether it includes license, joint venture, consulting and supply agreement, and dealership when these terms are included in the contract, its a franchise (Grueneberg Solish, 2010). Legally franchising is viewed as contractual arrangement between the two legally independent parties where the franchisee pays the franchisor for the right to sell the franchisors product or the right to use his trademarks in a given location for a specified time period (Francine  Lafontaine Kathryn  L.  Shaw, 1999). As franchising sector is growing at rapid pace franchisor should look for expansion in international market as the home market specifically developed countries like us Canada, Europe is becoming saturated. It is vital import for a firm to have a strategic pla n to successfully establish in global economy (Richard John, 2004). The global franchising prospect seems great as said by Hoffman and Preble (1993) after their global survey of global franchise association around the world. The survey came out true as according to the United States census bureau revels that in US total franchise business accounted for 1.3 trillion and total work force of 59 million the report also showed that Limited-service restaurants, sometimes called fast food restaurants, had the highest number of franchise establishments with paid employees (124,898), followed by gas stations with convenience stores (33,991), and full-service restaurants (30,130). Thus the data revels franchise in hospitality industry is observing massive growth (U.S.CensusBureau, 2010). The massive upward growth in information and technology and simple long distance travel has made the world a small and well interconnected. Organizations should and are taking advantage of these developments and trends to pursue a global expansion. As the global market around the world are opening up and the market in developed countries are at the point of saturation companies are trying to tap into these newly opened markets for example China with one quarter of world population and high number of mid income group is considered as most under-retailed country in the world (Richard John, 2004). The concept of franchise is flexible and basically suits service sector. Given that franchise relation are influenced to an extent to which the system can be transfer and sustain in local market in terms of product acceptance, local support and service (John, 1999). Thus due to consistent economic importance of franchise we can find lots of research and literature to help us understand the concept. Franchising is a major expansion strategy for hospitality firms into a global market, especially hotels and restaurants to name a few Marriotts, Hyatt, Hilton Accor, IHG, McDonalds, KFC are a very few examples. In global markets franchising add value to the chain by enhancing and understanding the local values culture and customs. Franchising is one of the two main types of operations of which the other one owning. Franchising provides restaurants and hotels with stable franchising revenue through royalties and fees regularly according to the agreement and the time frame of the period (Koh, Lee, Boo, 2009). Unlike most other service sectors, the hotel industry is generally capital-intensive and its logistics and supply chain can be as complex and difficult to manage as those in manufacturing operations. Thus for hospitality related organization, this can be a huge complication to an equity-based expansion model in various markets, particularly in the international market. Thus, it r aises the issue of the importance of the internationalization process through franchising as a non-equity-based expansion strategy(Alon, Ni, Wang, 2012). But as a matter of fact franchising in international market delivers a scope for rapid expansion and global presence and hotels do have potential to overcome the hurdles like cultural, linguistic, technical, legal, and employment problems commonly associated with franchising internationally. Hotel industry in particular is different among another service franchisee as it requires big financial investment to establish facilities to start the business. To give a rough idea the total investment required by Choice Hotels International ranges from $2.3 to 14.6 million, InterContinental Hotels Group (IHG) $2-20 million, Motel 6, $1.9-2.3 million, and Hilton 53.4-90.1 million due to such huge capital requirement makes acquiring and setup a franchise hotel a complex process (Alon et al., 2012). Franchising in Australia originated in a significant way in the early 1970s under the influence of the franchised US fast food systems KFC, Pizza Hut, McDonalds which commenced operations here at the time. Increased intensity in business competition during the 1970s and early 1980s resulted in the failure of many small and medium sized businesses and encouraged growth in franchising. Franchising continued to grow at an accelerated rate during the 1980s. This was attributed to an increase in interest from the financial and public sectors (Frazer, 2000). Over the last two decades franchising in Australia saw a rapid growth and has developed into a highly significant and dynamic business activity The Australian franchise sector with 71000 units and 1,100 business format contributes AUD $ 61 billion to Australian economy in year 2007 thus these sector is of vital important top Australian economy (Scott, Lorelle, Jeff, 2010). Comparing the franchising sector in Australia and New Zealand is not new for years there has been a friendly rival among the two countries for title of most franchised country in the world. When the survey carried out New Zealand was more franchised than Australia with 450 franchise system and around 24000 franchise system which was 17% higher than Australia on per individual basis (Lord, 2011). Franchising in New Zealand is not taken seriously enough compared to other business due to lack of legislation and treating franchise as just a business deal. The franchise sector is substantially larger than many people realize, says Graham Billings, GM of the Franchise Association of New Zealand (FANZ). Current estimates suggest turnover of between $15 billion and $20 billion, representing between eight percent and ten percent of GDP (Moore, 2009). Taking into consideration the various hotel franchises across New Zealand and Australia gives a clear picture about the franchise investments in the market. Australia has the following well Known International hotel franchise: Swissotel * Hilton Accor * Radisson Four Seasons * Best western Hotel Sheraton * Marriott IHG * Shangri- La Hyatt * Starwoods * Choice hotels (expedia.com, 2012). These are the some of the many brands which have presence in Australian market when compared to the brands present in New Zealand which are: *IHG *Accor *Marriot *Hilton (expedia.com, 2012). Thus when compared the hotel franchise sector in both the countries Australia definitely has much mature market for franchising then New Zealand as many big hotel organization are yet to tap the New Zealand market like Hyatt, four-season, Shangri-La, Starwoods. To get a better picture of comparison between role of franchising in hotel industry in Australia and New Zealand lets compare two cities in both the countries. Instead of comparing between the cities like Sydney and Auckland will not give fair information as Sydney is far bigger Metro than Auckland. Hence we will compare the role of franchising between Auckland and Brisbane as they are equal in many aspects and also they are known as sister cities. With parks and botany gardens and population, urban area and economy almost similar to each other helps to compare the role of franchising easier and comparable to each other. Thus when searching for hotels on www.expeidia.com for hotels in Brisbane there are 145 hotels listed on web site the result for hotels in Auckland are 149, the search result shows the hospitality sector are very similar in both the cities. But when we see the ratio of number of five star category hotels the difference is more than double as Auckland has around 20 five star hotels as compared Brisbane has only 7. After comparing the brands owned by franchise as mentioned above the number shows a slight difference of Auckland having more number(9) of franchised hotels as compared to Brisbane(7). Hence if we consider the various factors like Number of visitors, density of the hospitality market and economy franchise sector in New Zealand is much denser and bigger than compared to Australia. This shows despite size and regulatory environment franchising has much in common on both the sides. Also when consider the basic hospitality franchising and various local franchised restaurants franchising in New Zealand has much denser network of franchising. It also concludes that the franchising process is market-sensitive and as a result market characteristics play an important role in affecting franchising operations. These factors may include, among others, the market segment, the degree of control, either by the hotel industry sector or by government policy, the risks and costs of entry, and similarities of cultural norms and business. In addition, other situational factors which that affect how hotel franchising is carried out in a market such as Australia and New Zealand which ar e mature and stable in both the countries, the level of technology infrastructure development in the market, and the overall economic and financial conditions in the financial market of Australia and New Zealand (Alon et al., 2012).

Largesse :: Essays Papers

Largesse The idea of chivalry encompasses the virtues of truth, honor, courage, kindness, loyalty, and valor. Combining this and many other benevolent traits make the ideal knight. Being a knight means something more than just armor, weaponry, and a good horse. It is about a code. This code of a knight is what sets him apart from the rest of the world, defining him and the beliefs he alone stands for. A knight is bounded by honor and valor usually to his king, his country, and his god. In a sense, a knight is the ideal man in all aspects, physically and mentally, and as part of his characteristics exists this thing called largesse. Largesse in simple terms is generosity, the liberality of giving. Now, this did not merely mean giving money to the poor or to the church. Largesse encompasses a larger spectrum, in a sense, that makes him better able to walk the line between mercy and cold justice. One can say at one end of the spectrum is the lavish giving to the need of his vassals and allies, and at the other end is the giving to his king and country. At any means, great honor can be won by the open-handed noble who sees no gluttony, but pure generosity to those among him. From Leon Gautier's Chivalry, one finds chivalry defined by prowess, loyalty, generosity, judgment, courtesy, and honor. Included with this is the 10 commandments, particularly the IX commandment--thou shalt be generous, and give largesse to everyone. For instance, in the Poem of the Cid, Rodrigo Diaz of Bivar is exiled by his King Alfonso. Along the Cid's journey, he conquers many places and acquires vast wealth. Not only does he give amply to his men but also to the King Alfonso who banishes him. The Cid places the needs of others above his own, being charitable to others and giving to those in need, including his enemy. "Those who joined him into exile have all grown rich. The renowned Campeador gave them all, in Valencia, houses and fiefs with which they are satisfied; they all have tasted of the Cid's generosity. Those who joined him later are content also." This clearly exemplifies the true nature of chivalry and what it is to be a knight.

The Prevalence of Teenage Suicides Nowadays

During the teen years, adolescents go through many different changes. These changes cause many teens to feel as though they are the only ones that have these feelings and that no one can help them. The teen that develops these types of mentality generally has little help from friends and family to overcome the feelings that could possibly lead to suicide. Suicide is when someone tries to kill himself or herself. Teen suicide is based on the same idea, but it is for people that are teenagers. About 5,000 teenagers kill themselves every year. That makes teen suicide the third leading cause of death for teenagers next to accidents and crime. The thought of killing oneself as a solution for problems at school is common for grade school and college kids. On the grade school side, 9% think of suicide, 2% seriously consider suicide, and 1-% attempts it. On the college side, the numbers multiply by five times. A whopping 43% think about it, 15% seriously consider it, and 5% attempt it (1). The actual number of suicides is higher than the estimated one because they are not classified as suicides. They are classified as accidents or victims of crime. A car that crashed into a tree could be called an accident, but if the car was working perfectly and the driver was not under the influence of drugs or alcohol it would be called a suicide. Young males are five times more likely to commit suicide than young females. Females are more unsuccessful when committing suicide because they are more apt to ingest drugs or cut their wrists. Doctors still have time to save them. On the other hand, boys more commonly hang themselves or jump off tall buildings. The use of firearms in teen suicides is about the same for both sexes. By the time that doctors get to them, they're dead. It has been found that there are more white teenagers than black teenagers who kill themselves; and that teenagers in the western area of the United States are more likely to be suicidal because more people own firearms in the West (2). Teens are in a transitional period between childhood and adulthood, and this can lead to confusion and anxiety at times. Teens with an adequate support network of friends, family, religious affiliation, peer groups, or extracurricular activities may have an outlet to deal with their everyday frustrations. Teens without an adequate support network, however, may feel disconnected and isolated from their family and peer group. It's these teens who are at increased risk for suicide if they are unable to deal with their problems. Sheslow further emphasizes the importance of a support network for teens who have suffered physical or sexual abuse and those who have very poor relationships with their parents. Doctors at the American Psychiatric Association (APA) say that teens considering suicide often face problems that are out of their control -divorce, alcoholism of a family member, or exposure to domestic violence, for example. A family history of depression or suicide is another significant risk factor. Since depressive illnesses may have a genetic component, some teens may be predisposed to suffer major depression. Feelings of helplessness and worthlessness may accompany the depression. Feelings of inadequacy and worthlessness are major risk factors for suicide. A teen, for example, who experiences repeated failures at school, who is overwhelmed by violence at home, who is isolated from peers, or who faces the social stigma of homosexuality alone is likely to experience such feelings. â€Å"If he sees himself as inadequate and worthless and he believes the future is unchangeable, these are clear warning signs of possible trouble,† says Dr. Sheslow (3). Sometimes teens will attempt to numb the pain of those feelings with alcohol or drugs. Substance abuse is a major risk factor for suicide, says the APA, along with the expression of violent feelings (4). There are about five signs for suicide. The first one is depression. They may be depressed about getting an â€Å"F† on their math test or have had a death in the family. The second sign is talking about suicide. They may say things like â€Å"I'm want to kill myself,† or â€Å"You won't have to worry about me much longer.† The third sign is giving some of their most prized possessions away or writing out their will. Some people give away their favorite clothes, stereo systems, or even their cars. The fourth sign is that they start taking extremely dangerous risks. They may go rowing without a life preserver, try to fix electrical appliances by themselves, stop wearing their seat belt, and go driving while they are drunk. The fifth sign for suicide is being unexplainable cheerful or happy. By this time they probably have made up their minds about suicide (5). Anyone can be a victim of teen suicide. It could be the all-star of the football team, the girl who has the cutest guy in school, or the hyper-accelerated really smart kid down the street. Everyone has stress and everyone has to deal with it, but not everyone deals with stress the same way. For example one-person may play a sport to release and relieve their tensions, but another may start being depressed and being self-destructive. As you may see there are many different things involved when talking to teens about suicide. Some of these things involved need to be looked are items such as social stature of the adolescent, if there is apparent substance abuse, and how the child is performing in school. If an adolescent ever contemplates suicide the parent or guardian should immediately seek help. Contrary to popular belief, people who talk about suicide are likely to follow through. Pay attention to phrases such as, â€Å"It's no use, I'd be better off dead.† Also be suspicious if a child who has been very depressed suddenly becomes cheerful or hopeful. This intense mood swing may indicate that he believes suicide will be a solution to all his problems.

Travelling Abroad Is a Waste of Money

TRAVELLING ABROAD IS A WASTE OF MONEY I strongly disagree that travelling abroad is a waste of money because we can learn history of civilizations, we can learn cultures of different peoples and we can witness the greatness of Allah. Firstly, in Surah Al- Ankabut: 20, Allah says : â€Å" Travel the earth then see how He makes the first creation, then Allah creates the latter creations†¦ † What this verse indicates is the disappearance of one nation to give place to another. For instance, the nation of the Pharaohs has been replaced by modern Egypt.Other nations which have disappeared include the people of Ad and Thamud in the Middle-East. Through travelling we can learn the history and witness the remains of these civilizations. Secondly, we can learn the cultures of different peoples around the world. In Surah Ruum: 22, Allah says : â€Å" And of His signs is the creation of the heavens and the earth and the diversity of your tongues and colours.. †. Hence, if we travel from China across to Europe, we will see peoples of different looks, colours, sizes, cultures, languages, and ways of living.They include Chinese, Japanese, Indians, Persians, Arabs, and Europeans. All look different from one another, speak different languages, and practise different cultures. Finally, in Surah Ibrahim : 32, Allah says : â€Å" Allah†¦ made ships subservient to you to run their course in the sea by His command ,and He has made the rivers subservient to you. † This verse tells us that Allah provides the facilities for mankind to travel( by sea or river ). In so doing one can appreciate the creations and greatness of Allah.For instance, sailing in the seas will give us the opportunity to see sharks, beautiful islands, and the huge waves. Sailing in the rivers will give us the opportunity to see the numerous floras and faunas, rapids, and waterfalls. Although travelling abroad does cost a lot of money, inconvenience and sometimes have to face some di fficulty, in my opinion, travelling abroad is not a waste of money because of the benefits we can get from it. [336 words]

Critical scholarship Essays

Critical scholarship Essays Critical scholarship Essay Critical scholarship Essay the plants of Schwartz and Wellhausen ) did Johannine beginning unfavorable judgment seem to be on a firmer methodological foundation. With the debut of an aporia as grounds of a literary seam, the changeless drum-beat of critical scholarship was that John 14:31d is the proto-typical aporia and that it clearly belongs next to 18:1. Yet, to happen a manner to do these texts neighbours once more has been the thorny issue for scholarship. Throughout the 20th century the solution offered to the instance of the magnus reus has taken four basic signifiers ( with a dizzying array of substitutions ) . In wide classs, the text has been seen as a converse, interpolated, taken, or authored text. In several fluctuations, John 14:31 originally followed on the heels of 18:1. Spitta and Wendt considered it the heterotaxy of an Ur-Gospel, and Bultmann at mid-century, saw a assortment of beginnings, but in general, the best account for the magnus reus was heterotaxy on the evidences of manner. M. Lattke was possibly the last to hold defended this position in 1974. In general, most observers today regard the position as indefensible, because the shamble of the deck seldom leads to general understanding beyond the posteriority of 14:3 1. Many today see 14:31 as grounds of an interpolated text. The inside informations of this proposed insertion are greatly varied. Some believe that it is the work of a foreign manus inserted into the step ining sweep by the revivalist. Others regard the insertion to be one or more discourses written by the revivalist and later added by either a reviser or the writer himself. Others ( like Wellhausen ) considered the add-on to be wholly foreign and held that it must hold been added by a reviser. At any rate, once more the premise is that 14:31 belongs next to 18:1 in the unimproved discourse. Dettwiler s Relecture Theory A speculation that is quickly deriving land on the continent and traveling into North America is Dettwiler s relecture theory. Here the premise is that instead than merely any interpolation or even a 2nd bill of exchange of the farewell discourse, much of the step ining sweep of text between 14:31 vitamin D and 18:1 is really an enlargement and re-application of 13:1-14:31. This reading and enlargement for a new epoch is non an effort to warrant the interpolation but to explicate the consensus already reached. The text is inserted to run into the demands of a ulterior coevals of the Johannine community. Again, the over curving templet is that the magnus reus creates such an crying aporia that it can merely be solved by proposing editing. The consequences of the structural probe leave the exegete with somewhat of a riddle. If the text is an emended mosaic, it has been wonderfully done. The reviser has chosen stuff from disparate contexts ( perchance of the same genre ) and wedded them in such a manner as to bring forth a consistent macro-structure that across the first two units of the text neer leaves the bid construction built-in in exhortative discourse and in the 3rd efficaciously reviews and passages to the high priestly prayer. Furthermore, the reviser may hold incorporated some synoptic traditional stuff ( 15:1-11 ) but has done so in a manner as non to go against the bid construction of the text and at the same time has marked it as the extremum of the text without a viing subdivision besides therefore marked. In this column chef-doeuvre, the reviser has besides efficaciously produced a text that is coherent in non merely organic ties but componential ties as good. In short, the text is wonderfully edited. But herein lays the riddle: this attractively and masterfully edited text has a glaring defect. A defect so crying, so obvious, that it is seized upon by beginning critics as the archetypal illustration that proves the farewell discourse and the Gospel are the consequences of multiple custodies. But, how could this fake pas be the consequence of an editor of such fantastic ability? What compounds the job is that it could hold been so easy solved before it of all time started. All the reviser needed to make was do his interpolation fifth part of a poetry earlier. This is such an easy and reasonable solution to the job that a reasonably skilled editor could hold seen it, but the reviser of the farewell discourse did non. Brodie sums it up nicely in his most recent commentary. He states, In discoursing the perplexing Arise, allow us travel ( 14:31 ) the first thing that needs to be said is that the column hypothesis is non satisfactory. Not that the redacting thought is inherently unattractive ; there is, in fact, an huge credibleness to the general thought of an editor who, given hard stuff, makes the best of it. But this general thought does non suit the instance ; the stuff ( in 14:3 1 ) is non hard. In fact, one could barely conceive of an easier column undertaking than traveling Arise, allow us go†¦ to the terminal of fellow. 17 But any editor who felt free to infix three chapters is improbable to hold had scruples about traveling half a poetry. In fact, it would non been have been necessary to travel Arise and allow us travel If, as is sometimes said, it instantly preceded the history of Jesus traveling out ( 18:1 ) , so, peculiarly since there were no chapter divisions at the clip, all the editor had to make was take the right topographic point for the insertion-in other words before Arise, allow us travel The logic of the column hypothesis leads to the thought that in some unusual manner the editor was both careful and bungling, free and scrupulous. Therefore, it is a hypothesis which lacks internal coherency. This lack of internal coherence is displayed in the literature by the proliferation of theories that attempt, in one manner or another, to put the magnus reus next to 18:1. The truth is, if history can be our usher that the proliferation of theories will go on. Older theories will be tweaked ; and callings will be built upon new and inventive attacks to the farewell discourse. At the bosom of this province of personal businesss is the interaction of three premises. First, that an aporia in the Fourth Gospel is, foremost and first, grounds of a literary seam ; 2nd, that it fits better next to 18:1 ; and therefore, 3rd, the magnus reus is the proto-typical aporia. However, these premises are far from proven. An Aporia Must Indicate A Literary Seam The usage of aporias in the word picture of beginnings has been the trademark of Old Testament higher unfavorable judgment for about two hundred old ages. The contention is that a non-sequitur or a unsmooth passage is by definition grounds of the amalgamation of beginnings by a reviser. This is, of class, a reductionistic ( if non simplistic ) attack that assumes merely one valid reply to a trouble. Yet, this is now so self-evident in higher critical circles that the philosophical underpinning for it is merely assumed as fact. Wellhausen neer explained why an aporia must be a literary seam. In fact, it is non until Otto Eissfeldt that Pentateuchal unfavorable judgment s standards of separation are clearly delineated. Schwartz, who coined the term aporia in relation to the Gospel of John, neer defends its usage ( or even defines its significance ) in the now-famous series of articles. Bacon besides made this premise when he remarked that the indicants point to what a geologist might name a fault in he literary strata, and, as the critic good knows, it is these faults which reveal the literary history of a papers ( accent added ) . Therefore, by 1894, Bacon sees no demand to support the deduction of a literary mistake, but merely cites its self-evident standing among critics. All this is to state that the current reading of aporias as, by and big, bespeaking literary seams is an old premise that is non, and has neer been, a proved rule but an premise. That is non to state that at that place have non been efforts to make so in the literature. One brief effort at demoing verifiable standards for beginning separation is the monograph by David M. Carr. Carr s treatment is, in many ways, a breath of fresh air from source-critical circles. He is careful and cautious in his claims and clearly recognizes the troubles in defining between a seam caused by a reviser or by an writer. Carr attempts to demo recoverable beginnings from ancient plants like the Diatesseron, the Gilgamesh heroic poem, comparings in Jeremiah from the LXX and the Masoretic Text, et Al. Carr makes the instance that repeat is a cardinal signal in beginning separation. However, he does non do a conclusive statement for know aparting between a redactional component and an auctorial device. For illustration, he cites the usage of resumptive repetition as grounds of a literary seam. However, he readily acknowledges that To be certain, writers can themselves utilize such resumptive repeat to restart the train of idea after their ain digression Carr concludes that terminological and ideological indexs must besides be present. However, even in his treatment of these devices he concludes that there is ever the opportunity the writer consciously altered the nomenclature to hold a certain consequence However, it is dubious that a certain Reconstruction of the examples like the Diatesseron could be executed without anterior cognition of the beginnings. So so, while the illustrations of emended texts that are produced may demo certain traits, these traits are non sole to redact ed texts. Another job is the nature of the redacted texts. The Diatesseron was an wholly new genre of literature: the Gospel harmoniousness. It is an improper measure to compare its redaction to the type proposed for the Pentateuch ( or the Fourth Gospel ) . In the same vena, some of Carr s Old Testament examples sum to text-critical enquiries instead than the weaving of beginnings to bring forth a new text. The lone similar illustration could be the Gilgamesh heroic poem, but it excessively has its jobs. In other words, the illustrations so far cited by Carr do non look to be comparings of similar redactional procedures. But, even so, there remains no lingual point that needfully points to a literary seam that could non hold been produced by an writer. An aporia, so, as grounds of a literary seam is still an premise. A revealing indictment of this premise comes instead unwittingly from an improbable beginning: the antecedently cited work by Otto Eissfeldt. He states, Alternatively of these [ traditional ] divisions, we must at any rate for the older content of Gen. to Josh. , and likely besides for that from Judg. to Sam. and into Kings, think in footings of strata. Merely so can we acquire a image of the literary beginnings which were used in their undertaking by the compilers or more properly revisers of the older basic stuff †¦ So, so, the separation of beginnings is impossible unless one begins with the premise of strata. Then, upon this premise, literary beds are delineated instead than clear, undeniable grounds that can merely be explained in footings of strata. Eissfeldt s observation is stating in that without the premise, the grounds does non oblige one to presume literary strata. It sounds really much like a theory in hunt of back uping grounds. But does the grounds support it? Many would reply negatively. In fact, among Pentateuchal beginning critics the now-traditional JEDP theory still holds sway to a grade, but today, due to the assortment and deepness of the statements against it, it must be smartly defended. Wenham characterizes the temper of scholarship as looking for a fresh and converting paradigm. Therefore Johannine beginning critics who defend the usage of an aporia as grounds of a literary seam on the footing of success in Pentateuchal unfavorable judgment do so at the hazard of being out of measure with the current province of the job. So, so, what does a Johannine aporia prove? In fact, small or nil solid. Carson notes that in utilizing Ross s graduated table of grounds ( conclusive, persuasive, implicative, impersonal, and irrelevant ) , aporias constitute no more than impersonal grounds. Carson goes on to propose that aporias should non be seen as cut-and-dry grounds for a literary seam for two grounds. First, an aporia may merely be an accident. He refrains from placing an inadvertent aporia in the Fourth Gospel. However, his point is that they are non unnatural phenomena, but built-in in composing. Most authors have, in fact, produced many of them without the benefit of faulting a 3rd party. Thus, an aporia is every bit likely created by an writer as an editor. In fact, the instance could be made that it is less likely in the instance of an editor who would be looking really carefully at the text. The following footing for cautiousness is that an aporia may be generated by some factor other than the gawky interpolation of a beginning. This 2nd ground for avoiding the designation of an aporia as a literary seam is likely the most weighty. The literary seam is merely one option for placing the ground for an aporia. There may, in fact, be many plausible grounds for an aporia. Sometimes the designation of an aporia is merely exaggerated. Is a poetic beginning to the Gospel so unlikely that the prologue could non be original? Do the enumeration of marks and their expiration needfully bespeak a literary seam? At 7:3-5 does the demand of Jesus brothers that he travel to Judea to execute marks truly indicate a trouble? True, he had already been in Jerusalem and performed marks ( see, e.g. , 5:1-9 ) , but should we truly name this an aporia when any figure of accounts can be offered ( including the writer s purpose to demo that Jesus brothers did non follow his motions and made the n atural adequate premise that the Messiah should make marks in Jerusalem ) ? These and many other alleged aporias do non look excessively implicative of a existent job, much less a literary seam. The step of turbulency or clumsiness appears to be modem western criterions. Could it be that merely these modem esthesias perceive the above-named aporias? One must state that if the Gospel is edited, the editor ( s ) of the Gospel saw no sufficient ground to presume that the text was dreadfully inconsistent. If he or they did non believe so, why are we at strivings to presume that an original author would hold operated under different premises? Would they non both operate under the same literary conventions? Consider Whybray s reaction to a similar phenomenon in Pentateuchal unfavorable judgment. In depicting a defect in the current Documentary Hypotheses of the Pentateuch, he states, If the paperss postulated by the hypothesis possessed some sort of integrity and consistency-and it is this which is held to give them plausibility-then the revisers were the individual who wantonly destroyed that integrity and consistency-and once more, the hypothesis depends on believing that th ey did. But this is simply to bear down the revisers with mistakes of logic and sensitiveness of which the advocates of the Documentary Hypothesis are at such strivings to shrive the writers of the paperss. If the revisers were unconcerned about these things, it is hard to understand on what grounds the advocates of the hypothesis maintain that the writers of the paperss were concerned about them. It seems more logical to reason that ancient Israelite thoughts of consistence were different from those of modern western adult male: that the Israelites were in fact to a big extent indifferent to what we should name incompatibilities. Weisse, Evangeliumfrage, 116. Buttmann, John, 459. Lattke, Einheit im Wort, 131-246. See, e.g. , Fortna, Predecessor, 151. See, e.g. , Barrett, John, 454-55. See, e.g. , Wellhausen, Erweiterungen and Anderungen, 8 and Schnackenburg, John, 3:89-90 Dettwiler, Gegenwart, 51-52. Brodie, John, 437. Note besides Robert Kysar s review of Fortna. He states, It is this inquiry [ gawky redacting ] which most earnestly plagues Fortna s admirable attending to the aporias of the text as the key to the solution of the literary mystifier of the book. How can one believe, on the one manus, that the revivalist was an sharp plenty theologian to feel the failings of his marks Gospel and subtly rectify them and yet, on the other manus, was such an inferior editor that he left glowering defects in the simple readability of his papers? Until that contradiction can be resolved, it seems that the value of the contextual standards will be earnestly impaired ( Robert Kysar, The Fourth Evangelist and His Evangel: An Examination of Contemporary Scholarship [ Minneapolis: Augsburg, 1975 ] , 36 ) . For an English interlingual rendition of the German 3rd edition, see Otto Eissfeldt, The Old Testament: An Introduction, trans. Peter R. Ackroyd ( New York: Harper A ; Row, 1965 ) , 182-88. Bacon, Displacement, 66. David M. Carr, Reading the Fractures of Genesis: Historical and Literary Approachs ( Louisville: Westminster, 1996 ) , 23-40. Carr is to be commended for trying to set the word picture of beginnings on empirical evidences. However, the trouble of such a proposal is shown in that his major grounds for empirical grounds comes from a individual beginning. See Jeffrey H. Tigay, ed. , Empirical Models for Biblical Criticism ( Philadelphia: University of Pennsylvania Press, 1985 ) . This has frequently been brought into Johannine beginning separations as good. See Urban C. von Wahlde, The Earliest Version of John s Gospel: Recovering the Gospel of Signs ( Wilmington, DE: Michael Glazier, 1989 ) , 27. Carr, Reading the Fractures, 26. Ibid. , 32. See, e.g. , Carr s major work cited in this subdivision, Emanuel Tov, The Literary History of the Book of Jeremiah in Light of its Textual History, in Empirical Models, 211-37. It seems that the type of editing offered by the book of Jeremiah is an extended alteration and non the same originative nuptials that is under consideration for the Pentateuch and Johannine surveies. See Jeffrey H. Tigay, The Development of the Gilgamesh Epic ( Philadelphia: University of Pennsylvania Press, 1982 ) . For brief responses californium. W. G. Lambert, reappraisal of The Evolution of the Gilgamesh Epic, by Jeffrey H. Tigay in Journal of Biblical Literature 104 ( 1985 ) : 115-17 ; but particularly see Joan Goodnick Westenholz, reappraisal of The Evolution of the Gilgamesh Epic, by Jeffrey H. Tigay in Journal of the American Oriental Society 104 ( 1984 ) : 370-72. Eissfeldt, Old Testament, 135-36. The Documentary Hypothesis as expressed by Wellhausen came under onslaught from its really beginning, but particularly in recent old ages. In Wellhausen s clip the authoritative rebuttals were by William Henry Green and James Orr. See William Henry Green, The Higher Criticism of the Pentateuch ( New York: Scribners, 1895 ; reissue, Grand Rapids: Baker, 1978 ) . See besides James On, The Problem of the Old Testament Considered with Reference to Recent Criticism ( New York: Scribners, 1906 ) . In more recent old ages several have expressed terrible unfavorable judgments against the cogency of the hypothesis. See, e.g. , Umberto Cassuto, The Documentary Hypothesis and the Composition of the Pentateuch, trans. Israel Abrahams ( Jerusalem: Magnes, 1941 ; reissue, Jerusalem: Magnes, 1961 ) ; Rolf Rendtorff, The Problem of the Process of Transmission in the Pentateuch, trans. John J. Scullion, Journal for the Study of the Old Testament Supplement Series 89 ( Sheffield: Sheffield Academic Press, 1990 ) ; R. N. Whybray, The Making of the Pentateuch: A Methodological Study, Journal for the Study of the Old Testament Supplement 53 ( Sheffield: Sheffield Academic Press, 1987 ) ; R. Norman Whybray, Introduction to the Pentateuch ( Grand Rapids: Eerdmans, 1995 ) , 12-27 ; Gleason L. Archer, Jr. , A Survey of Old Testament Introduction, rpm. and exp. erectile dysfunction. ( Chicago: Moody, 1994 ) . For a recent survey of Pentateuchal beginning unfavorable judgment see Gordon J. Wenham, Chew overing the Pentateuch: The Search for a New Paradigm, in The Face of Old Testament Studies: A Survey of Contemporary Approaches, erectile dysfunction. David W. Baker and Bill T. Arnold ( Grand Rapids: Baker, 1999 ) : 116-44. David M. Carr, Controversy and Convergence in Recent Studies of the Formation of the Pentateuch, Interpretation 23 ( 1997 ) : 22. Wenham, Chew overing the Pentateuch, 119. Cf. R. N. Whybray s statement, despite the huge sum of scholarly work which has been published particularly during the past century refering the writing, day of the month, and history of composing of the Pentateuch, these are fundamentally side issues. The existent involvement for readers of the Bible does non lie here. If it did, the present coevals of readers would see merely defeat. For although it may be true that recent bookmans have succeeded in exposing many of the mistakes of earlier critics, it must be admitted that every bit far as assured consequences are concerned we are no nearer to certainty than when critical survey of the Pentateuch began ( Whybray, Introduction to the Pentateuch, 12 ) . See, e.g. , von Wahlde s justification of his methodological analysis. He does non warrant the usage of an aporia beyond its usage in Pentateuchal unfavorable judgment. He states, The success of Pentateuchal analysis indicates that such standards will supply a solid footing for analysis of the marks besides ( von Wahlde, Earliest Version, 28 ) . J. M. Ross, The Use of Evidence in New Testament Studies, Theology 79 ( 1976 ) : 216-17. D. A. Carson, Current Source Criticism of the Fourth Gospel: Some Methodological Questions, Journal of Biblical Literature 97 ( 1978 ) : 428. Ibid. , 424. The likely event that the elusive 7th mark in John s Gospel is the Temple cleaning of 2:14-17 could make some aporias for those who see an original beginning that has been reordered. For those who see this pericope as a Johannine mark see Beasley-Murray, John, 42 ; Carson, John, 181 ; Dodd, Interpretation, 300-303 ; Ridderbos, John, 121.

The Earth Has 3 Trillion Trees

The Earth Has 3 Trillion Trees The calculations are in and a recent study has revealed some rather shocking results regarding the number of trees on the planet. According to researchers at Yale University, there are 3 trillion trees on Earth at any given moment. Thats 3,000,000,000,000. Whew! Its 7.5 times more trees than previously thought! And that adds up to roughly 422 trees for every person on the planet. Pretty good, right? Unfortunately, researchers also estimate that it is only half the number of trees that were on the planet before humans came along. So just how did they come up with those numbers? A team of international researchers from 15 countries used  satellite imagery, tree surveys, and supercomputer technologies to map tree populations around the world - down the square kilometer. The results are the most comprehensive count of the worlds trees that has ever been undertaken. You can check out all of the data over at the journal Nature. The study was inspired by the global youth organization Plant for the Planet- a group that aims to plant trees around the world to reduce the effects of climate change. They asked researchers at Yale for the estimated global population of trees. At the time, researchers thought there were about 400 billion trees on the planet- thats 61 trees per person.   But researchers knew that this was just a ballpark guess as it used satellite imagery and forest area estimates but it did not incorporate any hard data from the ground.  Thomas Crowther, a postdoctoral fellow at the Yale School of Forestry and Environmental Studies and lead author of the study, put together a team that studied tree populations using not only satellites but also  tree-density information through national forest inventories and tree counts that had been verified at the ground level. Through their inventories, researchers were also able to confirm that the largest forest areas in the world are in the tropics. Roughly 43 percent of the worlds trees can be found in this area. The locations with the highest densities of trees were  the sub-arctic regions of Russia, Scandinavia and North America. Researchers hope that this inventory- and the new data regarding the number of trees in the world- will result in improved information about the role and importance of the worlds trees- particularly when it comes to biodiversity and carbon storage. But they also think that it serves as a warning about the effects that human populations have already had on the worlds trees.  Deforestation, habitat loss, and poor forest-management practices result in the loss of over 15 billion trees each year, according to the study. This affects not only the number of trees on the planet, but also the diversity. The study noted that tree density and diversity drops drastically as the number of humans on the planet increases. Natural factors such as drought, flooding, and insect infestations also play a role in the loss of forest density and diversity. Weve nearly halved the number of trees on the planet, and weve seen the impacts on climate and human health as a result, Crowther said in a statement released by Yale. This study highlights how much more effort is needed if we are to restore healthy forests worldwide. Source Ehrenberg, Rachel. Global count reaches 3 trillion trees. Nature, September 2, 2015.

Derrick, From Gothic King to Cranes and Oil Rigs

Derrick, From Gothic King to Cranes and Oil Rigs Derrick, From Gothic King to Cranes and Oil Rigs Derrick, From Gothic King to Cranes and Oil Rigs By Maeve Maddox The family name Derrick derives from the personal name commonly spelled Derek, which is a shortening of the Germanic name Theodoric, â€Å"ruler of the people.† Theodoric the Great (454-526), king of the Ostrogoths and eventual de facto ruler of Italy, probably inspired a great many European namesakes. Numerous versions of the name exist, including Darrick, Derrik, Diederick, Diederik, Dieter, and Dirk. The name existed in England as Deoric and Deodric during Anglo-Saxon times, but fell out of favor during the medieval period. It was reintroduced into the British Isles from the Low Countries in the 15th century. One bearer of the name was Thomas Derrick, an Englishman who lived during the reign of Elizabeth I. Convicted of rape and sentenced to death, Derrick was pardoned by the second Earl of Essex on condition that he serve as hangman at Tyburn, the principal execution location for criminals, traitors and religious dissenters. Derrick is said to have executed more than 3,000 people. Ironically, his pardoner, the Earl of Essex, was one of them, although not at Tyburn. Because of his noble blood, Essex was beheaded on Tower Green in the Tower of London, the last person, by the way, to be executed there. Perhaps because most of his experience was with hangings at Tyburn, Derrick had to swing the axe three times before finishing the job on the earl. Such was Derrick’s professional fame that his name became generic for hangman. His name survives as a common noun in modern English, but with a different meaning. When Thomas Derrick took up his duties at Tyburn, hangings were carried out with a rope passed over a beam. He modernized the process by adding a topping lift and pulleys to the beam to make it easier to lift and lower the condemned person. The new device was soon known as a Derrick. The word for a device invented to make it easier to lift and lower bodies has come to mean â€Å"a contrivance for hoisting or moving heavy weights.† The following examples illustrate the Elizabethan hangman’s legacy in modern usage: As we left Woodall’s place, old oil derricks stretched up from platforms on the water around the Highway 42 bridge.   Derricks  at other ports for the use of sea-going ships were completed or partially completed when stopped by the armistice. Cranes and  derricks  that are located at a  shipbuilding/shipyard  facility and are shore-based (e.g., shop cranes, yard cranes) do not require certification. Derricks  and masts  are vital structural fixtures to a drilling operation.   Construction derricks prick the  skyline  of every city. The common noun derrick is an eponym. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:100 Exquisite Adjectives16 Misquoted QuotationsRite, Write, Right, Wright

Healthy food on the go chain companies at start up level Research Proposal

Healthy food on the go chain companies at start up level - Research Proposal Example Although the customer lost the case, it entailed negative publicity about MacDonald’s image causing serious damage that took time and huge amounts to repair. For some time, the company experienced drop in sales. In the past, fast food chains and restaurants continue to add healthier supplements to their recipes with success and sometimes with big misses. MacDonald’s for instance, flopped with its introduction of low-fat beef burger dubbed the McLean. Pizza on the other hand, failed with the addition of lower-fat pizza toppings in the Hut. Success started emerging with new entrants in the food industry such as EAT and Burger King started grilling chicken with much success. The company labeled the grilled chicken, BK Broiler now referred to as Tendergrill. People find it challenging to shop for healthy foods produced responsibly. Sometimes the labels are confusing and the lists of ingredients are complex with few directions on government regulations. It is challenging to people to identify true foods for families because the environment provides a tricky situation in most cases. Some fast food chains and restaurants take the initiative to provide reliably healthy foods that give priority to the health of their clients, the environment that they produce foods in, and producers. This is a family-owned coffee-roasting fast food located in the Pacific Northwest. The fast food offers sustainably and fairly produced foods and drinks to customers. The products benefit the consumers, the environment, as well as to the suppliers, a position taken by farmers. The company operates on the mission of supporting social equity and environmental sustainability using organic, trade, and shade-grown coffee. The health of the products offered by Grounds for Change restaurant is certified organic (Pinto, 2010, p. 42). Food materials come from farmers emphasizing on using

Buddhism Research Paper Example | Topics and Well Written Essays - 750 words

Buddhism - Research Paper Example Buddhism Buddhism is a common religion that originated in northern India but is practiced throughout the world, making it the fourth largest religion. Though the exact date of its founding is unknown, many scholars believe that Buddhism was formed during the fifth century.Narrowing down the exact date is made difficult due to the fact that most people do not know when Buddhism officially began. Its beginning might have been when Siddhartha Gautama, the founder of Buddhism who would later become known as Buddha, first began his journey to Enlightenment, or after he became enlightened and journeyed through India to share his teachings. Regardless of when Buddhism found its origin, it has become a way of life and a philosophy that has helped many people to grow in their spirituality. Considered less of a religion and more of a philosophy or spiritual path, Buddhism sets out to provide people with guidelines on how to live a happy, peaceful, and moralistic life. Even followers of other r eligious traditions can utilize the teachings of Buddhism to strengthen their primary beliefs and improve their lives. The main tenets of this tranquil tradition that are incorporated into daily life are found in two doctrines: the Four Noble Truths and the Eightfold Path. The Four Noble Truths are the foundation of Buddhism and state that life is suffering; suffering is caused by desire; suffering can be brought to an end; and the Eightfold Path is the path to follow to bring about the end of suffering. The Eightfold Path, as previously stated, is followed with the intention of bringing an end to suffering, but these eight concepts can be followed in any life or religious practice to promote happiness. Right View requires the follower to learn to see reality as it is, without illusions or wishes of how they want their life to look. Right Intention means to act morally and ethically for the good of everyone. Right Speech involves not being deceitful, not speaking maliciously or with the intention of hurting someone, but to focus on speaking only words of kindness and compassion. Right Action and Right Livelihood promote abstaining from harming sentient beings, which also means to avoid becoming involved in activities that may cause harm to others, such as working in meat production or manufacturing weapons. Right Effort means to relinquish unwholesome qualities and habits, and to develop wholesome qualities. Right Mindfulness is to be in contemplation of the present moment, which can be aided by Right Concentration, or the practice of meditation. Since Buddhism promotes the importance of all life, from a human to a tree to an ant, a concept like euthanasia is one that is looked down upon. Even though euthanasia is a voluntary procedure done for the sake of a suffering individual, it requires taking a life. Willingly or not, Buddhism finds value in each life and considers it bad karma for the individual taking the life and the individual willingly live giving u p their life (Knott, 2000). On the other hand, something like an organ transplant would be considered in an opposite light. A person who has already died would be receiving good karma by allowing their organs to save the life of another. However, an organ transplant as a result of euthanasia would be a complex scenario, one that would be open to many interpretations from many seasoned Buddhist practitioners. Outside of the Four Noble Truths and the Eightfold Path, the beliefs of Buddhism are minimal, though may increase depending on which branch of Buddhism is being observed. The only other two tenets that are adhered by all Buddhism branches concern life and death. Reincarnation is a primary belief in Buddhism, so life does not necessarily have a beginning or and end, but â€Å"is a continuum with do discernible starting point. Birth and death are like a revolving door through which an individual passes again and again (Keown, 2009).† A new life beings when another life dies ; when another life dies, in lieu of an afterlife, it becomes reborn as another life. This cycle

Diversity Essay Example | Topics and Well Written Essays - 750 words - 1

Diversity - Essay Example Cultural competence affirms the individual worth and facilitates in the protection of individual dignity. This process entails certain policies, practices and attitudes that increase the quality of services received by individual (Meidl & Meidl, 2011). Accordingly, all learning institutions must encourage and respect diversity in their learning policies and practices. Mary Beth Klotz (2006) asserts defines a culturally competent school as the one that honors, values and respects diversity in both teaching and learning in order to make the learning meaning and relevant to students with different cultural backgrounds (Marx & Byrnes, 2012). Ethnic diversity Students who experience negative stereotypes tend to have low self-esteem thus struggling with their academic work. Cultural differences affect language processing, social status and perceptual abilities. For instance, African-Americans of all grades experience negative schooling environment. Accordingly, White students account for 5 6 percent of students while African Americans account for 15 percent. English language learners of Latino ethnic background experience the highest dropouts. The rate of school dropout among White students is only 5.2 percent while compared with a high of 17.6 percent among Latinos and 9.3 percent among African American students (Marx & Byrnes, 2012). Teachers modify their approach to teaching depending on the varying perceptions and expectations of the students (Marx & Byrnes, 2012). The teachers must foster positive engagement through encouraging self-esteem in order to promote active participation of all students in the classroom. For students with English language difficulties, the teachers must respect the native language of the child. A cooperative learning strategy will address ethnic diversity through role-playing and encouraging students to work as a group (Marx & Byrnes, 2012). Accordingly, teachers can bridge the ethnic differences through positively talking about the diff erences and persuading the students to refrain from ethnic stereotyping (Marx & Byrnes, 2012). Intellectual challenge like learning disability Students with learning disabilities have low academic outcomes. Accordingly, this category of students has trouble in learning due to low perceptual skills and motor skills (Novak & Bartelheim, 2012). However, numerous pedagogical strategies accommodate students with learning disabilities. The teacher must be aware of the level of learning disability and implement a individual education plan that accommodates the learning needs of the student (Novak & Bartelheim, 2012). One of the strategies entails providing an outline of the course content and enough opportunities for the student to practice. The teacher can also use teamwork and encourage the students to play different roles within the learning group (Novak & Bartelheim, 2012). Culturally relevant pedagogy Teaching and learning in a culturally diverse classroom requires the understanding a nd respect of the cultures (Novak & Bartelheim, 2012). Cultural stereotypes and privileges disadvantage some students thus teachers must build alliances across the cultures in order to eradicate discrimination in learning. The teacher can incorporate issues dealing with ethnic background and culture in order to enable the students appreciate and respect the unique cultural differences (Thurlow, 2005).

Read the article first, then answer the question Essay

Read the article first, then answer the question - Essay Example The exercise facilitates people to overcome their problems and look at the brighter side of the things, resulting in higher productivity at workplace. Human behavior is intrinsically linked to socio-psychological wellbeing of individuals which is reflected in their interaction with other within the defined social fabric or environment. Thus, understanding of human traits and their behavioral pattern greatly equips organizational leadership to ensure improved performance outcome at the workplace. Levinson (2002) believes that psycho-analytical tools help to understand the hidden dynamics of human relationships, especially within work environment that is mainly described by organizational culture, social defenses, motivation, leadership imperatives etc. Effective communication would help to promote understanding of conflicting issues and situations so that they can be resolved easily. Hence, organizational leadership must constantly promote greater communication amongst the workers and create environment for building constructive relationship based on mutual respect and understanding of cross cultural values. Sharma, S and Chatterjee, D. ‘Cos Are Keenly Listening to ‘Happiness Coach’’. Economic Times, 16 July, 2010. http://articles.economictimes.indiatimes.com/2010-07-16/news/27574395_1_happiness-management-guru-spiritual-teacher 27 Jan.

Problem Solving Case Study Example | Topics and Well Written Essays - 250 words - 3

Problem Solving - Case Study Example The short term liquidity of ACLU improves with time and that is a good indicator for the company. The return on assets of the company shows the ability of the company to increase profits as a result of the productivity accruing from the net assets. The measure will show the productivity of the company. The productivity of the company will affect the ability of the company to increase profits and, hence, the financial position of the company. The company mainly relies on donations as opposed to loans. That means that it will have no financial obligation to external firms or financial institutions (Finkler 2010). If I were a fund raising manager, I would mainly focus on the current members as opposed to new members. If a person wants to make donations and would want to know the amount of money that will be put in the major activities of the company, I would advise on the use of efficiency ratios. All the chapters were audited because the final report was given by the company. The financial statements are not free of error because auditing is an exercise that involves sampling and that could be subject to some approximation error. The donation of land and buildings should be treated differently as capital items and they should be capitalizing in the recording of their receipt. If wish sued LIFO method, the net assets would have increased as opposed to the use of FIFO. The service that qualifies as a program service is management and general services. The decrease in net assets could be as a result of the losses from the stock market because the investments have been incorporated as part of assets of the company. Wish does not include any provisions for a law suit because they have not indicated such an instance. The overall assessment of the finances of wish shows that the company is doing well but has the potential of doing much

Climate change effects Essay Example | Topics and Well Written Essays - 2500 words

Climate change effects - Essay Example P.S. Two of the studies have been carried out and findings under such are communicated this is done to give deep insight in to the relationship of ocean and atmosphere and how such interactions affectsin light of the questions given below Ocean circulation often called oceanography is a system of movement of the surface water between the oceans, caused by the wind, temperature or the salinity. (Science Dictionary) An ocean covers almost more than two thirds of our clear blue planet. The waters move in the global circulation system, driven by a subtle density difference and transporting then huge amounts of heat. The ocean circulation is therefore an active and highly non-linear player in this global climate game. Increasingly there is the clear evidence implicates that ocean circulation in abrupt and the dramatic climate shifts, such as uncertain temperature changes in Greenland on the order of the 5–10  °C and massive surges of the icebergs into North Atlantic Ocean — events that have occurred more often during the last glacial cycle. Oceans and our atmosphere constantly interact with one another, especially in transferring the energy; for instance, evaporation from warmer oceans removes the latent heat from atmosphere as it introduces water vapor, and the condensation of this vapor at height releases latent heat. Additionally, the surface winds drive the oceanic currents, moving warmer water pole-wards and cold water equator-wards. Since conditions in atmosphere changes much more rapidly than in oceanic, the atmosphere and oceans change continuously, in response to one another. Ocean-atmosphere oscillations are the ocean-atmosphere interaction responses which switch suddenly from one of the phases to another. Currently, the five major ocean atmosphere oscillations have been recognized: the Pacific Decadal, the El Nià ±o-Southern, the North Atlantic, the Arctic, and the Antarctic Polar Wave. Each of such

Problem Solving Case Study Example | Topics and Well Written Essays - 250 words - 3

Problem Solving - Case Study Example The short term liquidity of ACLU improves with time and that is a good indicator for the company. The return on assets of the company shows the ability of the company to increase profits as a result of the productivity accruing from the net assets. The measure will show the productivity of the company. The productivity of the company will affect the ability of the company to increase profits and, hence, the financial position of the company. The company mainly relies on donations as opposed to loans. That means that it will have no financial obligation to external firms or financial institutions (Finkler 2010). If I were a fund raising manager, I would mainly focus on the current members as opposed to new members. If a person wants to make donations and would want to know the amount of money that will be put in the major activities of the company, I would advise on the use of efficiency ratios. All the chapters were audited because the final report was given by the company. The financial statements are not free of error because auditing is an exercise that involves sampling and that could be subject to some approximation error. The donation of land and buildings should be treated differently as capital items and they should be capitalizing in the recording of their receipt. If wish sued LIFO method, the net assets would have increased as opposed to the use of FIFO. The service that qualifies as a program service is management and general services. The decrease in net assets could be as a result of the losses from the stock market because the investments have been incorporated as part of assets of the company. Wish does not include any provisions for a law suit because they have not indicated such an instance. The overall assessment of the finances of wish shows that the company is doing well but has the potential of doing much

Family of saltimbaques by Piablo Picasso and Dance hall Bellevue by Essay

Family of saltimbaques by Piablo Picasso and Dance hall Bellevue by Enerst Ludwig - Essay Example The essay "Family of saltimbaques by Piablo Picasso and Dance hall Bellevue by Enerst Ludwig" compares two paintings that were painted between the years 1900 and 1950. This includes family of saltimbaques by Piablo Picasso and Dance hall Bellevue by Enerst Ludwig. Determining the difference between a good and bad art might be quite difficult. It is essential for anyone who is interested to understand or compare different forms of arts to carefully analyze the painting first before coming into conclusion or judging that are drawing is good or bad. Aesthetic is derived from a Greek word meaning perception. It was first used by a Greek philosopher who described the theory of beauty. From this we can say that it later come to refer to an artistic work with good taste and artistry in general. When a painting is said to have esthetic value’ even if it is not sold expensively, it has value as a work of art. In the first painting, Family of Saltrtimbaque, it can be said that Picasso P ablo’s Artistry has aesthetic value because of the good taste that can be seen from the picture. To begin in painter has used a desert as the background to the painting making it quite attractive. This can easily draw ones attention who will yearn to continue exploring the picture more and more. Also the people in the picture are dressed in colorful cloths making the panting attractive to anyone who views it at first site. On the other hand, the second picture, Dance hall Bellevue by Enerst Ludwig, can also be said to have Aesthetic.

Vodafone Analysis: Marketing Mix, SWOT and PESTLE

Vodafone Analysis: Marketing Mix, SWOT and PESTLE OBJECTIVES OF THE BRAND AUDITING To know the these days market scenario of Vodafone Cellular Services w.r.t. not only the Indian, on the other share extremely for the field wide Cellular Services. To know the Marketing-Mix of the Vodafone Services. To find elsewhere the customer response for the Vodafone Services. BACKGROUND OF THE CELLULAR Utility INDUSTRY In November of 2006, India reached 100 million GSM subscribers. This places it at 3rd, persist China and Russia, in national subscribers to GSM. All told, there are 140 million cellular subscribers in India. With a total population of 1.1 billion, this system that 12.7% of the population uses cell phones. Compare this to China, with 449 million subscribers and a population of 1.3 billion, with 34.5% saturation. Both countries have cellular concentrations in their major cities, with some spotty coverage in outskirt villages. If you contemplate at this graphic, youll see that the major cities of Delhi, Mumbai, Kolkata, and Chennai cause up about 20.7% of cellular usage. Not only does the native land have margin for growth, on the other artisan the governments rationale is to have 500 million subscribers by 2010. GSM will provide the course of action for this duration as will expansion of companies enjoy Texas Instruments. With that in meaning, finding an entrance into the Indian cellul ar market can be difficult. So, many of the companies have operations in other countries and are not a pure play. Hutchison Telecom Int Ltd (HTX) is a multinational society based in Hong Kong, whose Indian manner, Hutchison Essar, has an impressive 25% market knowledge in Delhi, Mumbai, Kolkata, and Chennai. They extremely have an impressive presence in the smaller cities and more rural areas of India. Their business in India is just a parcel of the puzzle, as Hutchison Telecom has operations in a number of Asian markets. HTX isnt the meaning to enter into this market, as they are looking to sell off the Hutchison Essar division, for 14 billion USD. Maxis Communications BHD [5051.KU], U.S. private-equity kingdom Texas Pacific Quota [TPG.XX], Vodafone Plenty PLC (VOD), Indias Reliance Communications Ltd. [532712.BY], and Indias Essar Quota are among those interested in buying the native land. Whoever buys this division will ease from the strong market presence, GMS capability and duration practicable. A kingdom with a mini footprint in the cellular market is Mahanagar Ring Nigam Ltd (MTE), which trades in ADRs on the NYSE. Unfortunately, they have a petty market presence (2.3 million subscribers) and offer cellular servicing only in Delhi and Mumbai. Land-line call services bring in the majority of their revenue. Revenue from mobile services only brought in 10% of their revenue in the persist fiscal year. Between March and November, their cellular subscribers have grown 21%. The cellular market in India stands to facilitate their duty and if they can increase the scope of their internet services, the credible of that market will extremely facilitate them. COMPETITIVE Subject OF CELLULAR SERVICES IN INDIA Airtel is ranked number one in terms of building brand equity. Vodafone is ranked second in maintaining reliability, knowledge, esteem. The brisk competitor of Vodafone is Airtel followed by Sense, Tata, Reliance and BSNL. Brand equity can be managed by stressing on brand loyalty, creating brand responses .i.e. how customers respond to the brand marketing career, focusing on the customers personal impression and probation, by increasing brand quality .i.e. services that are been provided by Vodafone ,brand credibility .i.e. the kingdom should have a beneficial reputation in the minds of the customers. Airtel is in a superior way than Vodafone in terms of Brand Reputation bill. Vodafone is having highest Brand equity valuation in the Indian Cellular Services Industries. Airtel This kingdom was established in 1995 by Sunil Mittal as a Universal Limited Gathering, Airtel is the largest telecom overhaul provider in Indian telecom sector. With market capitalization of over Rs. 1,360 billion, Airtel has 31% of total market knowledge of GSM servicing providers. Providing GSM services in all the 23 circles, Airtel was the first private player in telecom sector to connect all states of India. Extremely, Airtel is the first mobile overhaul provider to introduce the generation prepaid services and electronic recharge systems. After establishing itself in the domestic market, Airtel is these days spreading its wings in US by providing its mobile overhaul under the reputation call home to the NRIs. Having achieved huge success in mobile services- postpaid and prepaid- Airtel has at once entered fixed-line telephony providing broadband services in 92 cities across India. The society has an optical fiber network of 35,016 km and a customer mould of 35,440,406 GSM mobile and 1,819,083 broadband subscribers. About Vodafone The society was formed in 1984 as a subsidiary of Racal Electronics. By 1991, it was a separate class, known by its present reputation, and with its first controlled overseas development in Malta. A combination of acquisitions and partnerships with other networks has made Vodafone the worlds largest mobile telecommunications society, with equity interests in 26 countries across five continents and partnerships in another 14. Vodafone is teaching itself quickly to have a deeply ingrained customer understanding in line to cause it nimble while developing the scale, scope, and potency of a large multinational. The focus on customer understanding and segmentation knowledge is highly salient to insure that Vodafone doesnt get sluggish and is able to deliver on customer needs rapidly. Vodafone is the worlds largest mobile telecommunications community, employing over 65,000 staff and with over 130 million customers. The business operates in 25countries worldwide across 5 continents 40 partn er network with200 million customer worldwide. Vodafone is a public limited convention with listings on the London and Virgin York stock exchanges. Global recognition of the Vodafone brand is growing as the gathering rolls elsewhere its identity into modern markets. On the other share, it retains limited names and imagery in markets where this is authentic to maintaining the trust of customers. To relieve promote its image worldwide, Vodafone uses leading sports stars from high profile global sports, including David Beckham and Michael Schumacher. Basically our objectives were to find elsewhere the behaviors of the consumers towards the Quality of the product. After the cost of the product. After the acceptable presentation of the product which includes the utility. If the consumer is after or comes for particular product and why, either by rationale of of effective advertisement on the media enjoy television or info papers or other means of advertisement. Vodafone Essar in India is a subsidiary of Vodafone quota commenced transaction in 1994 when its predecessor Hutchison telecom acquired cellular licenses for Mumbai. These days it has operations in 16 circles covering Indias mobile customer mould with 34.1 million customers. Vodafone Essar under hutch brand has named the most respected telecom society best mobile servicing in native land. They are most effective creative advertiser of the year. Vodafone has partner with Essar plenty as its principal joint venture partner for Indian market. Vodafone launched there brand across in India on 21st September 2007 Essar plenty has diversified Office Kingdom with governance in manufacturing as well as utility sector. Steel Force Potency Indication Shipping logistics Constructions Mission Statement We will be the communications leader in an increasingly connected area Vodafone Quota Plc is the worlds influential mobile telecommunications kingdom, with a significant presence in Europe, the Middle East, Africa, Asia Pacific and the United States through the Companys subsidiary undertakings, joint ventures, associated undertakings and investments. The Groups mobile subsidiaries manipulate under the brand term Vodafone. In the United States the Groups associated undertaking operates as Verizon Wireless. During the persist two financial years, the Quota has extremely entered into arrangements with network operators in countries where the Parcel does not hold an equity stake. Under the terms of these Partner Network Agreements, the Quota and its partner networks co-operate in the development and marketing of global services under dual brand logos. At 31 December 2008, based on the registered customers of mobile telecommunications ventures in which it had ownership interests at that h our, the Plenty had 289 million customers, excluding paging customers, calculated on a proportionate target in accordance with the Companys percentage polity in these ventures. The Companys ordinary shares are listed on the London Stock Interchange and the Companys American Depositary Shares (ADSs) are listed on the Virgin York Stock Interchange. The Gathering had a total market capitalization of on all sides of  £74 billion at 31 December 2008. Vodafone Portion Plc is a regular limited society incorporated in England under registered number 1833679. Its registered office is Vodafone Habitat, The Connection, Newbury, and Berkshire, RG14 2FN, England. Vodafone is the worlds largest provider of voice and string letter services to consumers and enterprise customers. The society employs about 66,000 community on all sides of the existence. The native land headquarter is situated in Berkshire, UK. Vodafone operates through single reportable business segment: servicing of communications services and products. At the speck of March 2007, the native land had 206 million customers worldwide. (Vodafone, 2007) VODAFONES STRATEGIC OBJECTIVES Revenue stimulation and cost reduction in Europe Innovate and deliver on our customers total memo needs Deliver strong activity in emerging markets Actively manage our portfolio to maximize returns Align capital structure and shareholder returns policy to strategy Key issues and problems Key issues and problems for Vodafone insert how the kingdom manages to coordinate its growth and to maintain its competitive servicing in the dramatically changing market area of the dynamic telecommunication sector. BRAND ELEMENTS OF VODAFONE VODAFONES BRAND MANTRA Vodafones internal brand mantra is simple and memorable. It stands for Prize, Reliability and Innovation. It is referred to throughout all business activities across the existence. BRAND Bill BRAND PERSONALITY OF VODAFONE A series of virgin corporate values and four desired brand personality traits for Vodafone were identified: Energetic Passionate Proactive Expert To instill the contemporary brand personality traits within the attitudes of employees at Vodafone, NKD chose a teaching pathway that involved hands-on experiential learning using a range of sensory techniques. At each learning interval, employees were immersed in a friendly, themed existence which exuded the virgin Vodafone brand personality. NKD focused on three core programmers to reinforce the modern kingdom branding. A series of live events called Winning Together was used to inspire the companys 400 retail employees and equip them with world-class sales skills. This has by target of become the induction program for all modern retail employees. All shop managers and limited area managers attended a two-day session called Salient Together, which provided leadership and governance skills designed to be applied back in the workplace. Staying Together was a live subject of key community processes, transforming them where necessary to reflect the modern retail promise, brand person ality and society culture. VODAFONES PERSONALITY CAMPAIGN Strengths Influential Consistent Integrated Weaknesses Not own able Not sustainable Vodafones brand essence is: Red: For the prize and spirit. Rock Solid: dependable and empathetic Restless: always challenging to improve and career funny. COMPETITIVE Utility The competitive utility of Vodafone Services was that, that it is equally strong as Mobil ink on the other share at an affordable bill. This function possesses some kind of uniqueness which the other brand does not possess. Which differences to promote Not all brand differences are salient or worth-while not every difference makes skilled differences are primary or worth-while not every difference practise a beneficial differentiator. Each difference has the feasible to draw up society costs as well as customer benefits .therefore; the kingdom must carefully appropriate the ways in which it will distinguish itself from competitors. A difference is valuation establishing to the extents that it satisfies the later criteria: Affordable: Our services are a unique in many aspects; one of them is the valuation. We have offered our comment services at low cost than the other services. We are able to do this by target of of the virgin technology, equipments, and accessories. The contemporary techniques relieve us to minimize the valuation in the tea production. Influential: The difference delivers a highly valued facilitate to target buyer. Superior: The difference is superior to other ways that customers might receive the same facilitate. Communicable: The difference is communicable and visible to buyers. Preemptive: Competitors cannot easily draw up the difference. Profitable: The product must provide a authentic advice to consumer. With a large market knowledge in Indias major cities and presence elsewhere of the cities, they will be able to capitalize on Indias cell call expansion. Hutchison has said that it will not select anything less than 14 billion and assorted think that the offers are creeping closer to 20 billion. Vodafone is a major player in this acquisition, on the other artisan they have some hurdles to overcome. Vodafone has levy forward a non-binding offer of 16.5 billion, on the other share Essar has a chance to match this, and with the backing of Reliance Communications, the ante could come close to 20 billion. Essar Groups these days 33% stake in the society gives them salient influence if Vodafone were to try to practise changes to the society post-acquisition. If Vodafone does really get Hutchison Essar, the knowledge valuation might drop pending the final purchase cost. I would wait and examine the outcome of this before making a move on Vodafone. If its shares drop when the offer is announ ced, I would pick them up. The street meaning Vodafone spent extremely all the more when it acquired Turkeys Telsim Mobil Telekomunikasyon, on the other share Vodafone quickly turned that native land on all sides of and it is in a all the more in a superior system position. Facing cellular saturation in the European market, Vodafone has found acceptable activity credible in emerging markets and acquiring Hutchison Essar would only strengthen its office as Indias cellular market begins to explode. VODAFONES MARKETING MIX -4PS A longer reputation marketing strategy is underpinned by careful planning and a successful marketing mix. The marketing mix is a combination of many features that can be represented by the four Ps. Product features and benefits of a skilled or utility Place where the acceptable or servicing can be bought Valuation the valuation of a acceptable or utility Promotion how customers are made aware of a skilled or overhaul. Product A product with many different features provides customers with opportunities to chat, play games, dispatch and appropriate pictures, moderate ring tones, select string about travel and sporting events, hire billing string and soon impression video clips and dispatch video messages. Vodafone live! Provides on-the-move string services. Place Vodafone UK operates over 300 of its own stores. It extremely sells through independent retailers e.g. Machine ring Warehouse. Customers are able to examine and practice products they are considering buying. Community are on labourer to ensure customers needs are matched with the correct product and to explain the different options available. Bill Vodafone wants to practise its services accessible to as assorted community as practicable: from the young, through apprentices and high powered business executives, to the more mature users. It offers various pricing structures to suit different customer groups. Monthly reward plans are available as well as prepay options. Call users can top up their telephone on dossier. Vodafone UK gives NECTAR reward points for every  £1 spent on calls, subject messages, picture messages and phone tones. Promotion Vodafone works with icons such as David Beckham to communicate its brand values. Above the list Advertising on TV, on billboards, in magazines and in other media outlets reaches large audiences and spreads the brand image and the comment extremely effectively. This is known as above the borderline promotion. Below the dossier Stores have special offers, promotions and speck of sale posters to attract those inside the stores to purchase. Vodafones stores, its products and its staff all project the brand image. Vodafone actively develops skilled regular relations by sending press releases to national newspapers and magazines to explain contemporary products and ideas. BRAND AND CUSTOMER COMMUNICATIONS Among all the Brand most powerful brands ranking is Ranked 9th globally. Vodafone has continued to focus on delivering a superior, consistent and differentiated customer participation through its brand and communications activities. A virgin Marketing Framework has been developed and implemented across the office, which includes a contemporary vision of expanding the Groups category from mobile only to total communications to be the communications leader in an increasingly connected existence. Brand and customer participation continues to implement Vodafones promise of helping customers cause the most of their interval. The brand utility has extremely developed a methodology to develop competitive limited market brand positioning, with limited brand positioning projects these days implemented in 12 markets. To enable the consistent practice of the Vodafone brand, a fix of guidelines has been developed in areas such as advertising, retail, online and merchandising, all including naked truth on how to cause the brand duty across every touch speck. By rationale of June 2006, eight markets have implemented the global retail base. In September 2007, Vodafone welcomed India with the Hutch is these days Vodafone campaign. The migration from Hutch to Vodafone was one of the fastest and most comprehensive brand transitions in the novel of the Plenty, with 400,000 multi brand outlets, over 350 Vodafone stores, over 1,000 petty stores, over 35 mobile stores and over 3,000 touch points reframed in two months, with 60% completed within 48 hours of the regulate. Vodafone regularly conducts Brand Health Tracking, which is designed to measure the brand performance against a number of key metrics and practise insights to facilitate the polity of the Vodafone brand across all Vodafone branded operating companies. This tracking has been in place by rationale of 2002 and provides continuous historical list against key metrics in all 19 Vodafone branded operating markets. Each operating society manages a interpret that complies with the standards and methodology fix by Vodafone Plenty Insights. An external accredited and inde pendent market trial aggregation provides global coordination of the methodology, reporting and subject. As a result of these activities the Vodafone brand is these days ranked number 11 in the Brand Top 100 global brands record, recently published in The Financial Times, with an estimated bill attributable to the brand of  £18.7 billion. For the 2008 financial year, Vodafone brand preference among its own users reached 81.9%, up 2.0 percentage points on the previous financial year, and a performance level that is 1.0 percentage speck higher than its closest competitors. In addition, the brand control among non-users of the brand has increased in the 2008 financial year to 33.5%, 1.8 percentage points above its market knowledge. STP Controversy Segmentation Mode Generation Overhaul usage Area of customer Duration of overhaul Geographical poser Targeting Vodafone is adopting a multi segment approach. They are offering a series of differentiated products to their respective market. Habitat calling cards for the family of those professionals who used to business abroad. Rs. 10 recharge for mini users. Cheap SMS facilities for youth. Facilities for circle users. Positioning -Where you go network follows you. Hutch as a brand always tried to connect with consumers in simple honest authentic transaction, while Vodafone is more young fun brand. So consumers will scrutinize a shift reflecting a more vibrant brand. The pug actor Irfan Khan will be retained for the brand promotion. They are talking about the exclusively of the network services they are offering to customers. Stores Mass media coverage Innovative distribution to reach customer Exclusive shops Hubs spoke Associate distributor Customer function Shop call centers Vans Relieve desk BRAND POSITIONING OF VODAFONE IN 1997-98 Brand Positioning of Vodafone currently VODAFONES POSITIONING OPPORTUNITY Differentiate the market using two vastness: service and consumer mindset. Telstra, as the traditional market leader, was perceived to have an audience comprising a conservative and older mindset. Its communications reinforced this perception. Optus with a servicing focus was increasingly becoming a conservative son of Telstra. BRAND EQUITY Probation OF VODAFONE Vodafone stands 9th position among all over the worlds brands in the terms of brand valuation. Points of Parity and Points of Difference of Vodafone Airtel Points of Parity Both the brands have same pricing strategies. Both the brands have same market segmentation. Points of Difference Target customers of Vodafone are middle troop citizens whereas Airtel targets the elite and up market aggregation citizens. Airtel positions itself as a lifestyle brand whereas Vodafone positions itself as habitual mans brand. SWOT Subject OF VODAFONE Strengths Diversified geographical portfolio with strong mobile telecommunications operations in Europe, the Middle East, Africa, Asia Pacific and to some amplitude the US Network infrastructure Influential presence in emerging markets such as India Weaknesses Slender focus of coercion of mobile on climate. Negative reimburse on assets (ROA) under perform key competitors liking ATT, BT Portion, Deutsche Telecom US business not nearly as strong as European/rest of the existence operations 80% of its duty is generated in Europe (see below for explanation) Opportunities Improve accessibility to wide range of customers Focus on cost reductions improving returns Majority stake in Hutchison Essar in India Probation and development of modern mobile technologies Threats Highly competitive market All the more lags extreme major competitors in the US Besides high penetration rates in key European markets European Union rule on cross-border cell telephone usage by customers Airtel is the biggest threat in India, it has maximum market participation in India. Meet the rising expectations of the brand loyal customers. PEST Examination Its an controversy of native land at broad macro level examines the kingdom under heading of political,  economic, social technological factors. Political- governmental legal issues affecting how gathering operates Edict Infrastructure Banning of telephone in trustworthy circumstances Health issues Economical Factors influencing the purchasing force of customer companies publish of capital. Valuation of 3G licenses Reward of telephone duration driven down. Worldwide recession. Third existence countries. Social Demographic cultural aspects of existence witch influence customer needs market bigness. Health subject. Demographic social trends. Picture phones. Mobile Etiquette. Saturation site. Technological Modernization innovativeness over a hour of generation influential to contemporary contemporary  technology. The cellular services has been started modern technologies enjoy following- 3G UMTS (2.5G) GPRS/WAP SMS/MMS The VRIO Framework Reward Rarity Imitability Aggregation Competitive implications Network infrastructure Yes No No Yes Competitive parity Diversified revenue base Yes Yes No Yes Temporary competitive utility Salient market position Yes Yes Yes Yes Sustained competitive function Network infrastructure One of Vodafones key technologies and wealth is the strong network infrastructure that supports its operations. To be able to provide mobile services, a strong network infrastructure is fundamental for the society. Vodafone operates 2G networks, through GSM networks, in all its mobile operating subsidiaries, offering its customers services such as voice, subject messaging and basic string services. All the networks application GPRS or 2.5G as well, which enables wireless access with mobile devices to list networks prize the internet. Vodafone extremely controls 3G networks offering its customers mobile broadband record access services allowing list download speeds of up to 384 kilobits per second. 2006 launched High Rapidity Downlink Packet Access (HSDPA) technology shortens download times significantly with record transmission speeds of up to 3.6 megabits per second and makes the usage of mobile broadband services all the more more skilled for the customers. HSDPA is enabled in the existing 3G network with after software updates. (Vodafone, 2007) The strong network infrastructure is a primary resource and enables the native land to respond to the growing customer needs with high quality services these days and in the ultimate. This salient resource is not a rarity in the wireless telecommunication industry and therefore it cannot be costly for the competitors to imitate. Many of the worlds large mobile operators have the same access to the same technology as Vodafone and a governance over massive networks. Vodafone is extremely well organized to exploit the all-inclusive competitive practicable of the network infrastructure by providing the employees a productive and safe working nature with good-looking performance based incentives. This resource is an organizational compel and generates a competitive parity. Diversified revenue mould By acquisitions, stakes in companies, and partner networks Vodafone has strategically expanded its presence to consider the whole existence. The native land has equity interests in 25 countries. Vodafones partner network arrangements extend to a further 38 countries. (Vodafone, 2007) Vodafone has significant mobile operations in countries such as Germany, Italy, Spain, UK, E gypt, Kenya, South Africa, Australia and Contemporary Zealand. In 2007 the largest geographic region was Germany with a contribution of 17.1% to the total revenue, followed by UK 16.3%, Spain 14.1%, Italy 13.5%, and other Europe 13.5%. Arcor and Pacific contributed 9%, Middle East, Africa and Asia 8.2%, and Eastern Europe the rest 9% of the revenues. (Datamonitor, 2007) Vodafones global reach and geographically diversified revenue base is a leading resource for the native land. This primary resource helps the kingdom to compensate its risks and losses. As diversified as Vodafones revenue replica is it is a rarity within the wireless telecommunication industry. Vodafones strategy is to actively plain their portfolio by investing into markets that offer a strong limited position. With strict financial investment criteria Vodafone maximizes its and its shareholders returns. (Vodafone, 2007) Vodafones competitors would not face a bill disadvantage in trying to imitate this resource. It is more about the strategy that a society implements than about the financial resources. Vodafone is well organized to exploit the plentiful competitive feasible of this leading and infrequent resource. The Boards argument is to generate trustworthy that the companys employees are aware of Vodafones strategic goals and mutual obligations. This resource is an organizational vigour and distinctive potency and generates a temporary competitive utility. Influential market position Vodafone is the worlds primary mobile telecommunications society. Vodafone operates in Europe, the Middle East, Africa, Asia Pacific and the US by subsidiary undertakings, associated undertakings and investments. In countries with significant operations Vodafones market shares are impressive; Germany 36%, Italy 33%, Spain 31%, UK 26%, South Africa 58%, US 25%, Egypt 48%, and Australia 18%. (Dossier monitor, 2007) A strong market share with the market leader position is an extremely influential and meagre resource which improves the companys brand image and gives it a solid foundation to enter contemporary credible markets. This resource is imperfectly imitable and the competitors would face a cost disadvantage in obtaining or developing it. Vodafones market leader position is based on the liking and effort of the companys employees. The society is well organized to plain effectively its employees to reach their all-inclusive practicable and benefiting themselves and the native land. This resource is an organizational coercion and sustainable distinctive potency and generates a sustained competitive overhaul. Porter Five Forces Of Vodafone Rivalry The threat of rivalry in this business is impacted by the low number of big firms in the market. There are a sporadic numbers of large firms worldwide that competes for the market share; this lowers the threat of rivalry. The firms that are in the profession on the other artisan are besides competitive and by rationale of of a relative slow market activity in this industry the firms fight over the market shares that are elsewhere there and that increase the threat. There is extremely a low level of switching costs to