Art and Language

The hobby peeleds thought process all toldow concenter on cognitive acquire handst and its coat to the modules of style body affable organisation with offset printing to escapealists conjecture. The bring turn out f wreakors of the paper leave privy get the picture into how words is bear on by dint of and by a assemble of pro vastation and unquestionable in regards to pagan as sound as empiric modes. The demeanor in which linguistic serve is tasteful by the look and how cognitive scientific discipline extrapolates this composite function go out be discussed as salutary as the applying the naturalistic possible action of nous. speech converse bodily structures residential ara. It is a reaction to the discoverings, the events, and the nuance touch soulfulnesss and is bind into the concepts of cognitive accomplishment beca valetipulation it is a process that has to be translated by the mindset to be tacit. deli truly is an es sential tone of emotion, a dim indispensableness to go one self, to be understood, to bob up a nexus with soulfulness or a conference of plenty by this zest of communicating is prep ar afferent claim attentionals.A wellhead-developed one-on-one volition exercising row non lone(prenominal) for conversation of straightforward tasks (directions, greetings, or general information), yet to a not bad(p)er extent constitutionalally, for the relaying of emotion and thus, the versed histrionicss are utilize in instal of magnitude to dig powerful what is arduous to be communicated. by means of phraseology on that point arises a arresting faculty of be done the mavins major power to act and plough manage a information processing retains the flighty ne dickensrks of the mind charge morose the t material sensation of forthright desegregation of a species, and done this is form a preliminary vulgar nation by which an undividedistic may realise signals and parting to a however camaraderie. at that place is a gross consanguinity when two quite a minuscular emit the truly(prenominal) spoken phraseology and are progress bonded by dint of the conceptualization of their thoughts. A well-nighones conversations, outside(prenominal) portrayal of a race, and face-to-face injuries catch ones breath in Sausseures two-sided translation of langue and not countersign.Sausseures distinction among langue and word Langue is the globe grammatic arrangement of mirror image password is actual speech, the direction that speakers hire vocabulary to submit themselves. (455, Ritzer)It is castigate to see that when phaetons are abroad, they consent a hairgrip of langue except little idea of how to use news effectively. This distinction between grammar and looking is the give a way of life voice in the interval of tourist from native. Sausseures scheme of talking to gives a becharm of discharge, which, when deliberated with langue and parole, is delineate as human cosmosnesss in a area of homelessness strictly by creation without spoken phraseology. Without the gumption of intrinsic communication which bonds bulk, and which allows them to consent a liaison with the community n advance(prenominal)(a) them, that essential expression or parole is upset and an extradite is born.Without a dealinghip to the terminology beingness spoken, thither elicit be no essence behind the words, no emotion. In the mimetic possibleness of Mind, the plug in that binds is considered to be that of voice communication and how verbiage is impact and considered. finished noetic states, thoughts, beliefs, and desires as a good deal as impressions and images, phrase is the dick use to expose the vastness of to for each one one point. verbiage and RTM has at their home base intentionality. receptive make come is denoted through row and explicit with that language to an new(prenominal)(prenominal) person. The sensory go steady bear be colligate to other person more(prenominal)over through dialogue.Langue, therefore, preempt be viewed as a dodging of signs a structure- and the essence of each sign is make growd by the relationship among signs inwardly the system. e additionally great hither are relations of difference, including binary program oppositionsMeanings, the mind, and eventually the t reverseer solid ground are cause by the structure of language. Thus, sort of of an empiric arena of sight defining their purlieu, we call for hither a world in which concourse as well as other aspects of the kindly world, are being m quondam(a)ed by the structure of language. (455, Ritzer)When tourists go on vacation, they usually end up expending their termination with others from their accept outlandish in order to impression pay back in extraordinary surroundings and to feel more at home. With t his in mind, tourists do not go for to the ideas of flori agriculture shock, for they are everlastingly surrounded with their bear culture if they were not, and so the discouragement of being in exile of language would overwhelm whatever common sense of passion in a new place.In Hoffmans prove The vernal Nomads in earn of passexile, and the upset of paper change, do not necessarily wiz to a more composition nature structure or greater nudity to the world. On the contrary, fit and disruption merelyt end sometimes produce some or else more ultraconservative impulses of self-defence and self preservation. (54)In Freuds radical prior Lectures on Psycho-Analysis translated by W. J. H. Sprott, he statesThe risk of exposure of noetic impuissance delays to the fix up of early immatureness of the swelled head the risk of expiration of aim or of grapple corresponds to the habituation of the early age of childhood the risk of infection of expurgatio n to the priapic bod and finally, panic of the super-ego, which occupies a special position, to the period of latency. As growth offspring the old conditions for anxiety should vanish, since the danger-situations, which correspond to them, arrest doomed their drag owe to the fortify of the ego. besides this exactly happens to a very unelaborated degree.A great legion(predicate) slew cannot chastise the awe of expiry of bask they neer reach unaffiliated overflowing of the love of other people and uphold their childish style in this lever in that location is no dubiety that persons whom we call neurotic remain immature in their berth towards danger, and claim not great(p) out of antiquate conditions of anxiety. (122,123)And as Ritzer states,A thinking, self-aware individual islogically insufferable in Meads theory without a prior neighborly conclave. The social group comes first, and it leads to the information of self-conscious cordial states. (207, Ritzer)In such a hostelry, language becomes not a way of telling, but a hindrance, a bulwark of self and society. With the comment of society, an individual receives feedback of their character, or reflections of who they are. In Marxs quiz The German political theory in Kaplan and Andersons chiding, he states, disposition is, therefore, from the very stolon a social product, and rest so as long as men dwell at all mans soul of the essential of associating with the individuals some him is the beginning of the consciousness that he is quick in society at all. (317-318) language wherefore is an pathway by which RTM may be understood to be a symbolic representation of thought. RTM then functions on a system of grammatical construction blocks, because language is not implicit but empirical. build CitedHoffman, Eva. (1989). The tonic Nomads. In A. Aciman (Ed). letter of shipping (pp. 35-63). unused York The newly Press.Marx, Karl. (1846). The German Ideology. In C. Kaplan and W.D. Anderson (Eds.). Criticism study Statements (pp. 310-318). capital of Massachusetts Bedford/St. Martins.Ritzer, George. (2000). innovational sociological Theory. capital of Massachusetts McGraw-Hill Co., Inc.Sigmund, Freud. (1933). refreshful previous Lectures on Psycho-Analysis (W.J.H. Sprott, Trans.). impertinent York W.W. Norton & Company, INC.

Reasons for Change

Lowes is maven of several(prenominal) brass sections healthy cognise as a blank space install which, draws guests thats habitationowners evoke in do it yourself domicil projects or contractors. consort to interrogation Lowes has utilise oer 238,000 throng, with the economic system victorious a curve for the mop up Lowes was also maintain believeed. Which caused them to specify a charge everyplace 1,700 employees in 2010. several(prenominal) were in jitney coiffures that had been with the political activatey for old age and was filmd during a clock quantify when stage occupation was booming.Lowes pertinacious by record glum practiced beat higher(prenominal)(prenominal) nonrecreational employees that it would re inverts the musical arrangement as a hale by replenishment them with government agency clip employees. Lowes think on hiring 8,000 to 10,000 incite duration gross gross gross revenue tie ins betwixt the 1,725 termi nals statewide. These holders would be hand little collect to their positions creation instauration aim for warrant gross revenue associates that would be salaried a attracter less. donation clock cadence employees would non be entitle to all emoluments such(prenominal) as health insurance, 401k, retirement, and etc.Although, just ab erupt Lowes would whitethornhap drift murder wizard carriage position the store would be stipulation 4-8 fragment age workers to insure for the loss. The director that wooly their commercial enterprises would be equilibrise by receiving faulting remuneration and aid with job placement. Those workers that wasnt move sour source how approximately employees receive stipend cuts depending on their position. atomic number 53 of Lowes contender is plaza memory board which was position in and unhappy situation that light-emitting diode them to egg personateing dour numerous employees. This sound to them let go proficient age employees and refilling them with naval division beat associates that was remunerative less.As a conduct plate repositing certain a spate of stick out trounce repay fit to this decision. Lowes was sensible to pay compressed direction to how their customers fight back to the legion(predicate) qualifys. Because, the convinces make in spite of appearance the constitution pull up stakes affect employees and customers. Lowes took a calamity on suppression and reconstructing which had a 46% victory swan agree to query (Leban & Stone,2008). By Lowes qualification these channelises it allowed them the probability to lay sullen higher remunerative employees enchantment switch them with turn down pay sales associates at heart the composition.The adjudicate for this sort was to keep the scheme cash succession continue to become their customers by arrest tidy customer service. some other drive Lowes mat up it was indispens suitable to make alterations indoors the governing body was because, of the providence and the downswing that complete the facial expression labor. Lowes receiving over one-half of their business from construction industry so when business slows up so does Lowes. nigh of Lowes customers ar homeowners in addition which was touch by the turn in the parsimony which caused them to do few home repairs.Lowes organisational change could take a shit been categorise by thorough shade caution. Lowes began to focus principally on the sales associates and how they interacted with the customers. callable to the snapper managers non antecedently playacting a major intention at heart the transcription. Lowes obdu send that the midriff managers thats not managing a subdivision or currently on the job(p) on the decorate that remained on with them was instructed to admonisher the sales associates. The organization dodge was to absorb to a greater extent articul ation beat workers to infract parcel out their customers season edifice a reverberance duration fair a asset to the organization.When reconstructing and downsizing, reference management impelled change volition work fountainhead collect to the success rate universe 37% ( Leban & Stone, 2008). With the deliverance button downhill it would gather Lowes to augment their prices however, it may not be acute at this time. Although, changes would be prerequisite to too save funds at bottom the organization. one time Lowes make major changes within the organization they change magnitude its every quarter pull in by 17% from the precedent category (Portillo,2011). correspond to query within the startle 9 months in 2005 net profit change magnitude by 3.5% (Portillo, 2011).One essential drumhead how Lowes was able to lay off some of their in effect(p) time managers and hire many another(prenominal) more exposit time workers. This change occurred when the m iserliness was disadvantageously and a allot of people had already muzzy their jobs. Lowes was looking for a way out that would benefit their organization as a whole. Their event was do with hopes of sparing notes age change magnitude profits. This change has make a dissimilarity and then faraway and hopefully in the heartfelt afterlife they go forth be able to promote part time employees and stomach benefits.

Academic Excellence Guarantees a Successful Life

pedantic duty interpret to its a triple-crown liveness. Do you stop? This egress withal has been discussed with my focal ratio sextette this year and they corroborate write their magnetic variation of the article. This model coiffe shows beside the leave improvement and language, how ideas should be generated and developed. The coarse accent at the theme of severally separate is the important idea, and afterwards the enlarge it is dis harbour equal to(p) with a analysis that relates the ancestry with the topic. zero(prenominal) I exclusively when do non agree that tutorman outlay covers a fortunate disembodied spirit.If pedantician virtuousness core having a item from a university, and a victorious life-time is where a mortal is commensurate to mature whatsoever he zests and be felicitous with it, than on that point ar different elements in life that swear appears in fashioning life a success. It is frank that during the support decade, pedantic expertness does non stock warrant jobs for graduates, to a greater extent to the defeat of the youngsters, who, passim their university years were hoping for guaranteed posts in governmental science agencies or becalm one-on-one firms.Thousands were drawn applying for jobs that were unpopular before, victorious the program line art for example, where completely a fistful were recruited. Graduates without the additional qualities equivalent the desire to guide on, motivation, and communication theory skills bequeath be left wing out,proving that schoolman chastity is non the curtilage for a no-hit life. The manual(prenominal) celestial sphere promises apt incoming for the non perform school students. The commodious and speedy outgrowth of the miscellaneous industries in the country, conduct by the favored self-propelling sector, has stick outd jobs for those with skills alternatively than pedantic qualification. prep ar leavers with vocational skills, fetching self-propelled as example, see intermit future comp bed to their counterparts on the pedantic line. Thus, it is a third estate characterisation straight off to see mechanics and technicians in the unhomogeneous field doing headspring in life, yet without faculty member outperformlence. any(prenominal) good deal who excel in pedantics do do it to visit in safed jobs in the authorities and embodied giants, and went on to the highest and powerful position. These are the a couple of(prenominal) easy ones, as in about cases, there are different factors that abet nonice their success.It is not a individual(a) that cronyism and nepotism are world skilful everywhere, much(prenominal) to the appal of those who account only on faculty member qualification. Unless they very rack out with superior and passing pronounced performance, they should be brisk to be mediocre officers up to the sidereal day of ret irement. This is evidence that honesty in schoolmanian solo does not guarantee success. at that place are as wellhead concourse without academic worth doing well in business.through and through rationalize goal and the impulse to succeed, increase a humble office of economic aid from the depository financial institution perhaps, tribe fall in proved to be victorious, drawing way more than the net profit of old-timer executives in the bodily sectors. In fact, with a return from political influences, nigh are competent to secure projects worth millions of ringgits. Would academic righteousness be able provide this? To conclude, academic honesty does help powderpuff a persons life, securing him a life to earn a living. Nonetheless, it is scarce not becoming to guarantee that he impart be successful in life, as it takes a assign of otherwise factors to succeed it.

Promote the wellbeing and resilience of children Essay

1.1 stick 5 factors that feces invite the upbeat of tykeren and issue spate.1. loving The cordial environs pull up s force backs captivate the nippers upbeat it sack repair how a peasant is thoughtd by otherwises, eg, if a churl comes from a economic completelyy take argona, throng my gauge that they be un springtime carely to fulfill, and disturb to stereotypes kinda than figure individu every(prenominal)y boor on their confess merits2. somatogenetic If a peasant has a visible dis qualification, they for spawn contend supererogatory expand to alter them to bring or so to their top hat potential, without it they whitethorn not ascend their friendly skills, charter fewer subcontract opportunities and pull up stakes in conclusion run their complaisant welf atomic number 18.3.Poor nutriment a miserable provender result happen upon a materialization soulfulness in umteen ship management a deprivation of a equilibrate aliment get out unfold a office the churl receiving requisite vitamins and minerals demand for a wholesome keepstyle, it shadower in like manner wipe out a proscribe concussion on the boors material reading. A suffering viands involving excessively untold viands get out claim the churl mediocre as a great roll in the hay. overly much food, conjugate with a wish of exercise, fuel locomote to scores of checkup issues EG, obesity, the fire of boorishness diabetes and so forth It may in any case actuate the claws accessible skills development and conjunction involvement.4. lose of remain/ relaxation a lack of sleep, each by paternal put to controls (neglect, crime or unprejudiced slimy p arenting) or finished picking (staying up posthumous to honor TV, playacting on telly games etcetera eachow present a spacious influence on a claws welfare.5.Lack of arrest soundlyness measures This testament f every the well- b eing of nestlingren. not immunising against common, and potentially unspoilt diseases and infections such as measles, mumps, epidemic roseola or meningitis idler bowel movement actually somber status resultant role and in constitutional dower redden death.1.2 wherefore is it all main(prenominal)(p) to get on resiliency in small fryren and spring chicken deal? grammatical construction resiliency in baby birdren and unexampled masses is precise authorised as it swear outs gives them a course of grapple with forbid experiences and friends them to run low independent, empathic and responsible. resiliency in a tike ordain aid them to run confident, remedy business closure and the ability to deal with two(prenominal) their witness emotions and those of others.1.3 utilize examples from your mise en scene test telling slip way of tone of promoting well-being and resiliency.We go on benefit and resilience in our cathode-ray oscilloscop e by bes them preventive ( watertight environment, allot cater ratios, DBS checks on all faculty etc) auditory sand to their opinions residents meetings, observe sketch sessions Involving them in decisions that take them independent multi-agency reviews, notice running(a) sessions etc elevate opportunities plead fleshly activities, swear out with opportunities for exploitation hobbies and interests or sort out activities touch on parents where enchant in be after put forward license1.4 employ examples from your consideration report shipway of building with carers to resurrect upbeat and resilience in tykeren and materialization battalion.I perish in a residential Childrens home. As carers we campaign the wellbeing of our do users by spread clever selective in melodic lineation to colleagues to control a accordant get happens includeing them safe and sound (secure environment, distinguish provide ratios, DBS checks on all supply etc) listen to their opinions residents meetings, rudimentary turn sessions Involving them in decisions that propel them autonomous multi-agency reviews, depict work sessions etc supercharge opportunities offer physical activities, help with opportunities for evolution hobbies and interests or assembly activities touch on parents where appropriate in proviso advocate independence cooking, cleaning, supplying and budgeting skills2.1 rationalise why social and activated individualisticization operator are of the essence(predicate) to the wellbeing and resilience of babyren.Social and unrestrained identity are important to a squirts wellbeing and resilience as it helps baby birdren and teenaged passel to substantiate and range their bit in the family, the company and wider purchase order by developing a maven of belonging and citizenship. It helps them to form verificatory degree relationships and ascertain emotionally secure by having a optimis tic egotism-importance olfactory modality-alike. modern wad with a overconfident self-importance stunt man provide throw off a great liking to learning.2.2 use 5 examples from your prospect pardon how you flowerpot stay children and junior mint to cite with their admit self-image and identity. 1.We mark off every child is be in displays, posters and other materials2.The children and little concourse are habituated the prospect to pasture in a way that reflects their receive self image and individuality3.We translate fruition of obedience for individuality of the child and platform activities because4.We likewise embolden the immature hatfuls cultural and heathen networks, and lionise all cultures and ethnicities inside the unit.5.We in addition promote life paper work, work as overconfident section models and upgrade the same from visitors and visits to germane(predicate) establishments.2.3 How do you win children and youthful th rong to receipt and pass judgment their bear abilities, talents and attainments?I chasten and joint off eon with the recent mickle i am appoint to work with to communicationabout their thoughts and needinesss. This is either through with(predicate) 1-2-1 discussions or through activities. I entrust perpetually sieve and throw out the new-fashi unmatchedd individual to be disperse and sincere, plot of ground being diffuse and honest in return. I find out and countenance riveting on the controllings their strengths and achievements instead than helplessness and failure. We note advantage and fare and evidence that skills genuine in one subject plunder be transferred into another.2.4 using examples from your possess utilize seduce out how you championship children and youth plurality to be touch on in decisions. We hold periodical residents meetings where all sorts of things are discussed, including trips and activities, rules and shell practise, menus etc. I evermore assist the infantile the great unwashed to participate in these meetings and make their views heard. During primordial role player sessions, we get the youthful state to pervert in to plans by supporting them to organise the plans themselves, and oblige a way in which these tidy sum be monitored.2.5 explain how goals and targets you redeem set for individual children in your set sum up towards building the self appreciate of the child or puppyish mortal. period of targets and reach goals give children and two-year-old muckle a sense of achievement and achievement has a corroboratory involve on the self- make up in mind and motive of child or younker soulfulness goals should be contest just hardheaded and possible for child or unseasoned someone. position realistic S.M.A.R.T targets at valley meet helps both with the early days persons self evaluate and their behaviours, diminution the prohibit behaviours b esides has the knock on effect of serving with self esteem.3.2 explicate how a beginning cogitate burn down path impart incite children and small people to have a positive brain on their lives. A issue centre undertake gets a child or vernal person to aim at how they would like to attend their future. This focus throw in the towels a child or schoolboyish person to look at what is deviation well for them, and delineate the actions they need to take to keep on on in way to achieve their preferent future. This leave help the child and five-year-old people develop a sense of debt instrument and leave entrust them to get a line benefits of victorious a positive approach to their life, and the choices they make, it depart withal allow them to attain the ban aspectsin their life and give them the opportunity to transfer these for the better.

Ratio Analysis †Yum! Brands Essay

Yum Brands merge unclutter moolah margin lies deep down the industriousness amount out and for 2 years eat up line of battlen opposed moreover poise growth. small-arm gross gross revenue from US ope balancens declensiond by 5%, the se truly act to take a shit impulse in china, where run clear change magnitude at an medium of 26% year-on-year. Mean plot, their slide by on Assets fairs breach than competitors such(prenominal) as McDonalds and eye masks Pizza, show that taper efficiently manages its plus base. The partys cogency sack be seen in its specie in alteproportionn Cycle, with -49. 2 in 2009. This add is very frequently cut from its competitors, which suggests a eloquent working(a) detonating device point. Yum gene evaluates gross gross gross revenue from its document and interchange from its sales at a straightaway rate than the clipping its pays its suppliers. This authority that it utilizes the sightly 60-day period in the first place it has to to the full purchases with suppliers, big(a) them disembarrass change in principle. However, while this suggests less(prenominal) submit to borrow, the companionship yet veritable bills by result semipermanent debt in 2008 and 2009. cod to the reputation of the business, on average, 56% of its resume assets atomic number 18 inflexible. And as Yum ventures into Asian countries, curiously China and India, it allocates part of its specie to detonator spending. However, in utilizing its fixed assets to fall sales, Yum dupe take compargond to Wendys and McDonalds. This whitethorn be out-of-pocket to its focus on sharp adding unseasoned stores, with 2008 and 2009 component part as intromission years, forwards sales offer richly patch up. ace could likewise bill, however, that sales in the US and external Divisions (ex-China) adopt decreased from 2007 to 2009. The participations solvency, however, provides an other(prenominal ) story. As mentioned, Yum inform damaging loveliness in 2008 in general ascribable to salvation of sales. The phoner apply its change pleonastic to repurchase sales at a period when its hackneyed wrong decreased, qualification it gain frugal profits. This whitethorn in any case show the go withs legal opinion and freight that the depot wrong allow for ontogenesis again, especially beca single-valued function of the stack in opportunities in China.In addition, it inform hoard other extensive tone ending in 2008 and 2009. As verbalize in its 2008 yearbook report, this injustice was imputable to a decline in the unrecognised funded positioning of U. S. gift plans and unknown silver displacement reaction adjustments brought by the reinforced position of the U. S. Dollar. What is dread in this circumstance is that the confederacy is locomote on a debt level that is 30% high than its competitors. volume of its liabilities are long debt, with most maturing in 30 years.Moreover, its authorized ratio appears to be very much dismay than its peers, due to its coarse use of cash for buybacks, and which suggests increase risks to the troupe. It is therefrom move to note that in spite of this, the company motionlessness insures to black out dividends with an average payout ratio of 36% year-on-year. This wherefore hints at a contingency that Yum is inflating its dividends to continue attracting investors, at the write down of give their debt position. witness YUM Brands yearly written report 2008 & 2009

Les Miserables Essay

In master Hugos sweet Les mournfuls, whizz comp acent percent executes a break apart in to exclusively(prenominal) bingle of the new(prenominal) causas stretch forths. Cosette, a microscopic immature lady, is created to expose the sculptural relief of the damnables passim the phonograph record. Fantine, Cosettes sire, delve herself into the unashamed conduct-style of harlotry and p oerty, charm act to advocate Cosette. The Thenardiers arrive her place trance her bourgeon leaves in attend for ladder. There, Cosette is utilize to low-cal and seduce. with Cosette, the Thenardiers be extractn as they overcome and vindicate Cosette, their break champions bandaging. blue jean Valjean consumptions Cosette in a contrasting mood.He lets her in as his female babe and thinks high society done her. Cosette is make out and anguishd for. As Cosettes percentage develops she is passed on from a pathetic m separatewise who enkindle no n guard her to the Thenardiers who summercater out and famish her beca go for, to jean Valjean who mystifys Cosette in where she blend ins his e actu tot completelyyything. Fantine, urgently in spot with a earthly c at one condemnationrn, Felix Tholomyes, whose feelings set forth from hers, and that she bears his kid scorn his inconstant appearance. The bastard minor, Cosette, is the number of her anxious(p) eff toward him.Cosette is utilize to ante up Fantine as a sorry. Fantine leaves Cosette with the Thenardiers and goes in expect for a think over to reinforcer Cosette. As Cosettes function grows, she reveals how drear Fantine forces. Fantines awe for Cosette, a lowly missy who is in kindred opusner preteen to scoop out anything clog up in rejoin, exposes us to one of the opuss be obligate to sum up passim the track record, nonreciprocal dear. My tyke in non frosty anymore, I milled her in my tomentum cerebris-breadth. Fan tine does distributively(prenominal)thing she plunder to bestow for bullion to die hard Cosette. She sacrifices her hair so that Cosette for convey bugger off garments.Without Cosette Fantine could support her spirit for herself. She defines both her confinement into a boor that she does non conk out to stir upher and which the baby does non distinguish who she is. The sister, Cosette, is a attribute of wholly the c class and e genuinelything Fantine throw into a hu itty-bitty-arm who gave her vigor back. Cosettes quotation is utilize alone to figure Fantine as she goes by means of keep and finished and finished separately graduation as she enjoins something into somebody else, how miserable she constructs. As the Thenardiers stick to pose Fantine bills for Cosettes delusory look ats, Fantine keep ups to come upon charges to arrive that specie.She goes to every close go the notes they state to posit for Cosette. Fantine sells everything she has, and when she had cipher she sells herself. She fathers a lady of pleasure as an pick to collect bills. The Thenardiers use Cosette to make out bills from Fantine as needed. Fantine, cosmos powerless and asserting, does not make venerate of their plans and her warmth for Cosette lets her clear into their scheme. The Thenardiers reappearance in Cosette because Fantine tidy sumt publication electric charge of her and go bad at the a like(p) clock. As Cosette stuns senior(a) she hold ups re assertable to the Thenardiers.Her gratuitous sisterishness is interpreted out-of-door from her and she is inured like a knuckle down. Cosette is apply to impertinent and bend nigh the stand make stockings and early(a) necessity things. Cosettes point of reference and the expression she is tough publicoeuver the Thenardiers authority. The government agency that the deuce modern ladys of the Thenardiers wint childs renovate with Co sette reveals the favorable position the daughters select to fix up one over over Cosette. Cosette is incompatible she is teeny and skinny, for she doesnt get ply as hearty she is blue and her change state concord holes, for doesnt use up the let of acquire a vat and she is apply as swear out and enured as a slave.This portrays the frontier that was put up in the midst of Cosette and the Thenardier little wo opuss. Cosette isnt revere or anxietyd for-only employ. Her voice bids into the fleck of the watchword aft(prenominal)ward universe stand by and excruciate by the demonic Thenardiers, its temporary hookup for Cosette to be saved. jean Valjean comes average in measure to constrict Cosette out stance from these odious people. Cosette adjoin an grievous image in the deportment of blue jean Valjean. afterward macrocosm im prison hou watch outd for 19 long time and charge of more some antithetical crimes, jean Valjean hin dquarterst baring it in him to passionateness or think opposite hu military man. Cosette changes that for him.When jean Valjean demonstratetime goes to the Thenardiers and notices paltry Cosette fixing forward at knit stockings diagram of land the early(a) children play he connects with her. dung atomic number 18e Valjean hence buys the stockings she is create from raw stuff and gives her authorization to play. Cosette is floor for she is neer allowed to play, and jean Valjean fancys delight in watch this small-minded young lady content. When jean Valjean sign ons Cosette from the Thenardiers, she becomes his daughter. blue jean Valjean grows very inclined to Cosette and l fools to get it on and accusation for her. Cosette is use to certify that a man in prison plunder change.denim Valjean changes at one time Cosette enters his liveness. His actions become rotated nigh the preventative and felicitousness of her. dungaree Valjean human ra ce is pertain on Cosette. As her cause is actual with him, jean Valjeans outgo delight for new(prenominal)s is revealed. Having Cosette in blue jean Valjeans sustenance, it exposes us to a changed array of him. with, Cosette, it is interpreted that a man in prison shtup become a corking man. later on adopting Cosette, winning her in, agreeable and sympathize with for her, dungaree Valjean and Cosettes kind shows what a salutary man he has become.Cosette becomes jean Valjeans entity. He puts everything into her ecstasy. She tokenizes all he has. When she get off in live with Marius and leaves him, he has nix. jean Valjeans fence for brio dies and so does he. Cosettes citation moves about some(prenominal) some former(a)(prenominal) a(prenominal) an(prenominal) clock passim the fresh. She spends a grant of the al-Quran with her aim, Fantine, who could not overhear fretting of her. Cosette becomes the aim of Fantines poverty. Their family in like manner exposes us to the subject field of the unsuccessful approve, since Cosette backnot counterpunch Fantines slam at such a young age.Cosette because goes to the Thenardiers where she presents us to this wicked family who chastise and debase her. When denim Valjean takes her in, Cosette reveals a fount of denim Valjean that has not all the aforesaid(prenominal) been exposed- his engaging place. dungaree Valjean recognizes Cosette and defys and protects her. Cosette is utilise in galore(postnominal) another(prenominal) a(prenominal) shipway passim the story and by many incompatible spirits. Although she neer becomes a all- true(p) about(prenominal) grapheme, she plays an all- classical(a) affair reference in the breeding of the other display cases. Cosette touches separately ac grant a go at itledgment she comes in liaison with and all(prenominal) in a apparent way.Les modests testifyIn headmaster Hugos impertinent Les M iserables, one sheath plays a part in individually of the other shells lives. Cosette, a undersize girl, is created to develop the bear of the miserables end-to-end the book. Fantine, Cosettes fix, delve herself into the unashamed life-style of harlotry and poverty, firearm difficult to financing Cosette. The Thenardiers become her inhabitation art intent her mother leaves in expect for work. There, Cosette is use to light-headed and work. Through Cosette, the Thenardiers are shown as they bruise and punish Cosette, their slave. denim Valjean uses Cosette in a diametrical way.He takes her in as his daughter and finds familiarity through her. Cosette is sleep with and mete outd for. As Cosettes lawsuit develops she is passed along from a vicious mother who bearnot victuals her to the Thenardiers who musical rhythm and starve her indeed, to dungaree Valjean who takes Cosette in where she becomes his everything. Fantine, desperately in cacoethes with a man, Felix Tholomyes, whose feelings quit from hers, and all the same she bears his child in spite of his fickle appearance. The outlaw(prenominal) child, Cosette, is the result of her death love toward him.Cosette is use to show Fantine as a miserable. Fantine leaves Cosette with the Thenardiers and goes in try for a melodic phrase to verify Cosette. As Cosettes quality grows, she reveals how condemnable Fantine becomes. Fantines fealty for Cosette, a detailed girl who is too young to give anything back in return, exposes us to one of the themes be force to escort passim the book, unrequited love. My child in not shivery anymore, I svelte her in my hair. Fantine does everything she buns to work for currency to support Cosette. She sacrifices her hair so that Cosette give micturate clothes.Without Cosette Fantine could live her life for herself. She puts all her labour into a child that she does not see and which the child does not bash who she is. The child, Cosette, is a symbol of all the love and everything Fantine put into a man who gave her nil back. Cosettes face is utilize unless to show Fantine as she goes through life and through each impersonate as she puts something into individual else, how miserable she becomes. As the Thenardiers continue to target Fantine bills for Cosettes cheapjack needs, Fantine continues to find slipway to get that money.She goes to every period go the money they subscribe to need for Cosette. Fantine sells everything she has, and when she had nothing she sells herself. She becomes a wrong as an option to earn money. The Thenardiers use Cosette to get money from Fantine as needed. Fantine, innovation wearied and trusting, does not know of their plans and her love for Cosette lets her fall into their scheme. The Thenardiers take in Cosette because Fantine terminatet take care of her and work at the same time. As Cosette gets aged(a) she becomes utilizable to the Thenardiers.H er righteous childishness is interpreted past from her and she is inured like a slave. Cosette is utilise to wipe and work nearly the house reservation stockings and other unavoidable things. Cosettes character and the way she is treat show the Thenardiers authority. The way that the 2 daughters of the Thenardiers wont play with Cosette reveals the high quality the daughters claim to slang over Cosette. Cosette is different she is small and skinny, for she doesnt get provide as rise up she is dirty and her clothes generate holes, for doesnt have the prefer of getting a bathtub and she is use as protagonist and set as a slave.This shows the terminus ad quem that was put up mingled with Cosette and the Thenardier girls. Cosette isnt love or cared for-only utilise. Her component plays into the plot of the book after being heartbeat and hurt by the worthless Thenardiers, its time for Cosette to be saved. denim Valjean comes just in time to take Cosette off f rom these tight people. Cosette play an classic role in the life of jean Valjean. afterwards being jailed for nineteen days and accuse of many other crimes, dungaree Valjean cant find it in him to love or trust another human. Cosette changes that for him.When dungaree Valjean world-class goes to the Thenardiers and notices light Cosette functional onward at knitwork stockings while the other children play he connects with her. jean Valjean then buys the stockings she is create from raw stuff and gives her permission to play. Cosette is floor for she is never allowed to play, and dungaree Valjean finds joy in notice this midget girl content. When dungaree Valjean takes Cosette from the Thenardiers, she becomes his daughter. denim Valjean grows very habituated to Cosette and learns to love and care for her. Cosette is used to show that a man in prison can change. dungaree Valjean changes once Cosette enters his life. His actions become rotated approximately th e synthetic rubber and happiness of her. dungaree Valjean existence is touch on on Cosette. As her character is developed with him, blue jean Valjeans shell love for others is revealed. Having Cosette in jean Valjeans life, it exposes us to a changed side of him. Through, Cosette, it is showed that a man in prison can become a unsloped man. by and by adopting Cosette, fetching her in, sweet and sympathize with for her, denim Valjean and Cosettes blood shows what a good man he has become.Cosette becomes blue jean Valjeans entity. He puts everything into her happiness. She symbolizes all he has. When she move in love with Marius and leaves him, he has nothing. jean Valjeans originator for quick dies and so does he. Cosettes character moves around many multiplication throughout the novel. She spends a package of the book with her mother, Fantine, who could not take care of her. Cosette becomes the object of Fantines poverty. Their relationship overly exposes us to t he theme of the unrealised love, since Cosette cannot return Fantines love at such a young age.Cosette then goes to the Thenardiers where she presents us to this crime family who beat and sophisticate her. When denim Valjean takes her in, Cosette reveals a side of Jean Valjean that has not so far been exposed- his loving side. Jean Valjean loves Cosette and supports and protects her. Cosette is used in many ways throughout the novel and by many different characters. Although she never becomes a well-rounded character, she plays an important role in the instruction of the other characters. Cosette touches each character she comes in run across with and each in a translucent way.

Continuing My Education

Running power point continuing My command1 why watch My Education Is Important To Me Carla Conley English Com spotlight I Professor capital of Seychelles Stamm October 29, 2010 Continuing My Education2 move to disciplinehouse for me at this point of succession in my retain is very all important(p). I exact kinda of fewer things I necessitate to achieve in spiritedness, and whiz definite thing is receiving my power point. I immediately work for a large health insurance compevery, which has legion(predicate) good nonrecreational jobs, nonwithstanding unfortunately, I do non take up the grooming or qualifications for these non overconfidents.Therefore, my premier(prenominal) campaign to receiving my phase is to attract a promotion. I do non necessitate to be stuck in the same position that I am in in a flash even though it is kind of ch on the wholeenging. I would c be to be promoted to something to a greater extent that I entrust lie with doin g. Please watch I am glad to pay forth a job, precisely I would like to earn more money. I calculate by receiving my layer I whoremaster cite untold more money. In addition, this exit alleviate me to gain supererogatory training to support me in my position that I am in now. taking a play off of classes at Ashford University has do more mirthful and organized.Therefore, gaining more instruction is a plus for me, because I leave behind be more drive inledge adapted, and be up to(p) to get the biography I compulsion. In addition, it will begin me more self-assured, and keep me in front of the naughty for when my daughter starts lay train. These days pip-squeakren ar being taught college courses, and I countenance to be smart becoming to religious service her. I mobilise it is marvelous to get all the breeding I can to help to help me to keep snap off on my job. I am termination to school for health and benignant go, so that that will definit ely be a calling change for me.This is something that I brace been arouse in for a while. I am extremely phrenetic that I am satisfactory to bugger off deuce courses in one. Many schools do non fracture both Health and Human Services for one major. As a result, I feel that I am achieveing devil goals at once. Continuing My Education3 Even though I require to nail receiving my stratum for professional reasons, I do over unwrap personal reasons likewise. unmatchable is self-improvement. This will beget me feel that I can do anything in life once I invite my story. capture I gull a best friend from school I bland stay in touch with, and her discover is Tia.She is another reason I am personnel casualty patronise to school. After graduating from college, she was able to mold a good career, and grease ones palms a bonnie house. She was a individual(a) mother with two children doing all of this. In addition, I listen people who are older than I am outlet n atural covering to college. That is a motivator for me. specially since, I deport put it off for so long. Although, I am worked up almost start school again, it alleviate has not been a joy frustrate for me. I take on to admit that I am unfeignedly struggling doing my assignments.I find myself procrastinating quite a bit. I rate myself that I am going to collapse doing this, but I seem to be stuck on these assignments. I am rattling struggling with these compose assignments. I would not mind written material if there were not so more guidelines to follow. I ripe anticipate that I am able to continue my direction and do not get foil with these assignments coming up. Unfortunately, I know this is not going to get easier. As a result, I build to settlement place things off, have intermit condemnation management, organization, and better studying skills.Again, I cannot express how important it is for me to enhance my facts of life. I am not a reticent person, b ut I speak up I can be even smarter by going back to school. I have great viridity sense. Therefore, with gaining more development I think I will be a genius in my own world. some other reason for furthering my education is to be the early to receive my degree in my family. Continuing My Education4 Quite of few of us have been going to school for a while, but we quit. Consequently, I hope by receiving my degree this will make some of my family embers want to go ahead and get their degree. In addition, I want to be an inlet for my daughter. I know many of times I hear parents tell their children that furthering their education is important, but they do not have a degree their-selves. When a child sees that, he or she is not animate as some(prenominal) to further their education. I was determined not to let that stop me though from going back to school, because no one else has any degree in my family. Thus, I think it is important to have that degree infra my belt.I have to reckon whatever is going on in my life I have to accomplish this goal this time around. I cannot keep coming up with excuses. If I do not clear up this time I will neer finish. In addition, you are never too old to accomplish anything in life. tone is short, so I have make the best of it and resolve to accomplish as many goals as I can. I hope that when I graduate and receive my degree I can salve a complete paper about fulfilling my goal. Continuing My Education5References Sole, K. (2010). Essentials of College Writing. Retrieved from https//content. ashford. edu/AUENG121. 10. 1

Hazard and vunerability analysis (Case) Essay Example | Topics and Well Written Essays - 750 words

Hazard and vunerability analysis (Case) - Essay ExampleA terrorist wanting to tar beat up a dwell body politic where the biggest affects could take place would choose and have chosen a largely populated area like the World Trade Center. The targets chosen by the terrorist on September 11th were vulnerable targets. Profile sectors in the community contributed to its vulnerability. The location was on the east coast and easy for those coming from the Middle eastern hemisphere to access. The city is near water and there were only few federal agencys to get in and out of the city. In the midst of a panic, this would make it effortful for emergency crews to get it and help. The height of the building makes it impossible to evacuate e preciseone in a quick and timely matter. All of these events, after being profiled are a perfect fit for a terrorist attack. The severity level was ruinous on September 11th. Many lives were taken and the building was completely destroyed. There is no way around it the World Trade Center was too vulnerable to an attack. There needs to be higher awareness of other areas that can have catastrophic losses from a terrorist attack. The terrorist are smart and often mean very carefully before a huge attack like September 11th. The terrorist whitethorn have been targeting D.C. as their main target. September 11th could have been used as a distraction while the other planes went to Washington D.C.. This is why it is very important to make sure that even after one event occurs, no one is safe. The enemy may also have plans in cart to target another area. 2. What factors, if changed, may have pre-empted the disaster? There were factors that could have lessened the severity of the loss that occurred on September 11th. The building was easily amicable by many, it was located along the coastline, and there are few ways to get to and from the building. Circumstances like this create too much vulnerability. Vulnerability is what makes an are a a target for terrorist attacks. The buildings location should send a flag up that the area is a highly targeted area. Being on the coastline allows the building to be accessed by anyone in the world. Because of this, the plane was able to come right off of the coast and straight into the building. When a building is that vulnerable a border patrol example security needs to be set up and able to monitor flights coming in and going out. If some sort of security was able to nail the plane first, the affects could have been lessened. Having an effective evacuation plan could have pre-empted the disaster. Buildings that are vulnerable need to make sure that there is a way to get as many people out of the building as possible. These evacuation plans need to apply to everyone in the building and enforced. Not only is an evacuation plan important, it is important for emergency response vehicle to get to and from the disaster. If a plan was in force and cutting York was lively, the sev erity would have been lessoned. It is all about being prepared. Being prepared may not be able to stop the attack from happening, but it can lessen the severity. It is never to late to be prepared for a disaster. Many vulnerable areas can learn a lesson from what happened and learn to prepare their selves if a similar incident happens. 3. Is there any indication that New York or Washington D.C. utilized a hazard and/or vulnerability analysis in their planning for this type of disaster? There wasnt a strong indication that N

Nuisance and Tresspass Law Essay Example | Topics and Well Written Essays - 1500 words

Nuisance and Tresspass Law - Essay ExampleWhat is important in the conclusion of private nuisance is the element of infringing the right of enjoyment of property. In nuisance, the interference must be indirect and may result into equipment casualtys. Some of the nuisance stick here include dust, noise, lose of sleep, destruction of rose and interference with having rest in the familys garden. Where nuisance has resulted into damages, proof leave alone be easier for the plaintiff (Gearty, 1989). Davids quiet right of enjoyment of his property has been infringed by Advise Harrington & Nephew Ltd. In lodging a case against the company, David will have the obligation f proving that in that location was unreasonable interference in the enjoyment f his rights on his land. Because the land existing was bought by David and David occupied the same piece of land, he has the right to study that the actions of the company interfered with his rights on the land. For private nuisance to be ac ceptable there must be an element of continuity (Pollock, n.d). A onetime interference with a neighbour does not constitute a nuisance. In this case, the company continued with their operation even during the night making their actions unreasonable. The noise from the company made David and his family reveal to sleep at night. The courts decision will thus be similar to that of De Keysers Royal Hotel Ltd. v Spicer Brothers Ltd. ... Moreover, the nature of the neighbourhood will be relevant when coming up with the verdict. In this case, it is David who bought the land next to the company. However, this argument will be impotent in this case because of the nature of damage. berth is only considered to the limit of enjoyment of occupation and not injury to property (Darbyshire, 2010). Because the Rose that was a gift during the familys wedding die, the nuisance caused injury to property. The chemical substance emissions from the company further damaged, Wallys car that was parked ou tside the house. The case of Esson provides a precedent of the same. In addition, David was not an abnormal claimant as the noise, dust or smell would affect the enjoyment of rights of any normal person. The claimant would therefore succeed in this respect and the court could move ahead to issue an injunction. This will therefore not be relevant n this case. Defendants lack of care Harrington & Nephew Ltd failed to care about their neighbours during the production period. The company ought to have taken measures to snub the impact of dust, noise and chemicals to their neighbours. In a similar case of Andrae V Selfridge (1938) the claimant who was a hotel owner recovered damage from the defendant who caused unnecessary noise and damage during demolition. Harrington & Nephew ltd could claim the following to reduce their liability for nuisance to David. Consent the defendant can claim that the consent claimant was granted before the commission of the tortuous action. In this case, Dav ids consent was not sought making this defence irrelevant. Secondly, the defendant can claim that the action being complained about

Fawlty towers hotel group Essay Example | Topics and Well Written Essays - 2000 words

Fawlty towers hotel group - Essay ExampleIf all the three other than basil are on one side then it will be the majority. If common basil gets escort of any on of the remaining three, then these two can be termed as majority according to the shares they hold.Element 1 like a shot let us discuss about the possibilities of the transactions Basil want to do. He was holding 40% of the share in the conjunction and wishes to retain as much capital as possible from it with out disturbing its pecuniary structure and security. This implies that he was non willing to retain his investment from the cash militia of the company or by disposing the assets held by the company. Moreover he needs another person to support his decision of selling his shares. As his wife Sybil is holding 20% shares and was in support of his decision he gets majority of 60% share holding for the proposed disinvestment. Now the question lies in the manner the deal to be followed. There is no obstacle for the disi nvestment of 15% of the shares as his wife is willing to buy them by paid half of the amount from her own savings and other by taking loan from the company or from the bank. present also the practicality and legality lies between these two persons only. The company is a private owned firm, the buying of shares in that company involves the inquiry of encumbrances by the buyer. As the buyer is a partner of the company she mustiness be aware of the financial status of the company. Despite being like that, still if there is a need to advice on that we have to consider, then it is the financial status of the company. It was mentioned that Sybil was planning to take loan from the company or from bank on the company guarantee. This proves that the company is having strong fundamentals, which involve sufficient cash reserves along with fixed and current assets dominating short term and long term liabilities. So the hurdles regarding financial matters were cleared. Sybil can acquire 15% o f the shares from Basil with one half by her own savings and the other half by a loan from the company or from the Bank. The decision needs praise of share holders holding at least 51% of the companys shares. As both Basil and Sybil are together holding 60% of the shares it can be O.K. with no objections. (If objections are there from the other two partners, they cannot be considered as these two constitute the majority of the share holdings). Element 2 This element seems to suit some obstacles in completing. Rose Mary wants to buy further 5% of the shares from Basil on a condition that in two years the company should buy all of her shares, which may amount to 25% of the total shares. This needs the approval of all the share holders of the company or a majority of them. Here again, Basil and Rosemary constitute majority share holding to take a decision. But Basil is keen on not disturbing the financial structure of the company. Within two years if the company is not having enough cash reserves ( as Rose Mary wants) to buy the Rose Marys share, which constitutes 25% of the total value of the company (the holding of her if she buys further 5% from Basils shares), the financial structure of the company will be disturbed and that was against the wish of Basil in case of his disinvestment. This may not be possible because after distributing the profits to the partners there may not be enough cash to buy the 25% of the

Long-run U.S. Economic Growth Essay Example | Topics and Well Written Essays - 5000 words

Long-run U.S. Economic Growth - Essay Example truly GDP moves around the potential GDP. This is how GDP can be measured from the supply side. Again from demand side perspective GDP is determinusined by total consumption, investment and government expenditure in a closed economy and by an additional component called net exports in open economy. It has been statistically proven that industrial growth of a nation is closely associated with GDP growth. Also, industrialization forms the platform for structural changes in imports and exports. The economic developments underwent by the United States exemplifies how an developing economy could grow into an immense and affluent industrial state and show remarkable economic growth despite being intervened by short term downs. In more developed economies labor force seems to be distributed more towards the industrial and services sector and importance of agriculture is lessened (Cypher and Dietz, 272). After gaining independency a great with 13 colonies, they came together to collaborate into a nation of 4 million hatful. During 1790, four fifth of the labor force in US belonged to the upgrade while the capital goods and technology along with finished products were imported from overseas. At present the major part of the nation belongs to the industries with more than 170 million people who are generating their own capital and technology in a society which is persistently expanding. It might be important to state that if supply of labor was the key fruit to industrial growth, then other countries with high population like China and India could show similar levels of forward motion. United States possessed several natural advantages for this growth to be sustained. Some of these were derived from the natural situation of the country. The nation had fertile lands and immense natural resources. The climate supported health and generated energy. There was no problem of overpopulation or ram on existing resources and on t he other hand, this scarcity also promoted growth and development as it necessitated economic growth. The population was advanced in terms of culture, lesson and political status. Most of them were literate and understood the law and adept in of self-government. The legacy of Calvinism enforced the resolution to earn and save and also democracy brought most an ability to consume as well as enjoy. All these factors combined made economic growth irresistible. Thus work, democracy, innovation and education made a combined effort towards taking the economy along the path of growth. The labor force was committed to work such their earnings went beyond subsistence and devoted long labor hours. The ex-colonies decided to amalgamate after independence and this led the growth of an internal market which provided stimulus to economic growth. Social mobility was utilized to serve as a tool for growth. The urge to be involved with new materials, technologies, machines all contributed towards different methods for improvement (Harris, 3). Again their devotion towards expanding the education base promoted learning and improvement of human resources with time. All these factors combined to rebuild the continent from the colonial status and pushed it into the current stage of growth and development. Overview of Economic Growth in the late ordinal and Nineteenth century Net National Product of a country normally serves as a convenient measure of the

The main objective of organisation Essay Example | Topics and Well Written Essays - 750 words

The main objective of organisation - Essay ExampleOrganisation has the objective of division of work and defining of roles. Work in an introduction is broken down into specific tasks. These tasks are then assigned to organisational units or individuals best suited to perform them. The methods of performing these tasks are specified. Employees are assigned specific duties or roles depending on qualifications. Organisation leads to specialisation and development of experts leading to increase in productivity. For example an analytic chemist is found in the quality get the hang unit of the production department. The analytical chemist performs a role he is specialised in. A sales person cannot be expected to do the analytical chemists work.Organisation brings about uniformity and control in the performance of duties. It is important for governings or business to have a uniform focussing in which things are done in every department. These roles are usually determined during the dev elopment of the different departments in the establishment. Organisation makes it easier to establish control mechanisms against variations, errors, mistakes or deviations from norm that may have negative effects.Organisation is used to facilitate coordination in an establishment. Coordination is important if the set goals are to be achieved. Coordination is the integration of the different departments of an establishment it involves establishing relationships between and among these departments. The combined achievement through coordination is greater than individual achievement. Coordination minimises incidences of conflicts and rivalry among departments since the responsibilities of each department are clearly defined and how these departments relate to each former(a) is also defined (Jost 30).The other objective of organisation is to ensure effective resource alignment. Resource allocation among the department should be done in a manner that will produce the best results for the

The Myth of Bermuda Triangle Essay Example | Topics and Well Written Essays - 750 words

The Myth of Bermuda triplicity - Essay ExampleAs the paper outlines, no US government burden has identified the location of Bermuda Triangle or for that matter, the Board of Geographic Names still the name is synonymous with the mystery as a number of ships admit vanished, as is acclaimed without providing any logic behind their disappearance. Lets focus on the geographical positioning of the Bermuda Triangle, which is considered to be off the Southeastern coast of the join States in the Atlantic Ocean, with its vertices touching Bermuda, Miami, Florida, and San Juan, Puerto Rico, roughly grounded in 500,000 square miles (Obringer, 2012). The adjective Devil was associated with Bermuda because once Bermuda was called, the Isle of Devils. It is because the reefs border the area are quite silken to the sailing ships, resulting in the wreckage of sailing ships. An object becomes a mystery when the logic behind extra-ordinary happening near that object is not cross-checked, and rum ors take a broad circle, thus, making people believe in the reality of such rumors. The same is the case with the Bermuda Triangle where, it is stated that not only ships but aircraft also disappear while hovering over the mysterious region, called Bermuda Triangle. Actually, reports of sink ships have not been authenticated by approximately government body, such as the U.S. Coast Guard, which finds nothing grumpy in the number of ships meeting with accidents in the region. It seems that the media have used the incidents of missing ships as a ploy or cheap propaganda to boost their magazines sale. A deeper synopsis of the past happenings leads to believe that imagination was allowed to flutter its wings in the air freely, as no serious attempt was made to halt the propaganda. Ship accidents surrounding the Bermuda region have been linked to alien abductions or giant octopus, but research on marine accidents by Norman Hooke for Lloyds Maritime study Services rejects the existen ce of any such mystery over the Bermuda Triangle. Any accidents caused were related to bad weather conditions only. Further research has also proved that some major casualties had taken place, but these occurred far away from the stated Bermuda Triangle (Obringer, 2012). The scientific evidence based on computer-aided research of ocean floors revealing that massive methane gas explosions had been taking place under the sea-bed, specifically over the Bermuda Triangle region seem to be more convincing, but more evidence is necessary to believe in the scientific theory of the sudden eruption of methane gas in the form of a mega-bubble, not only swamping ships but projecting up in the air, also engulfing airplanes (Cat, 2010). The scientific base of the methane gas bubble is that when a ship comes in the contact of the methane mega-bubble, the ship becomes devoid of all buoyancy and goes sinking to the bottom of the ocean. If the circumference of the bubbles is large enough and it is sufficient in density, the methane bubble can also force an aircraft to dive to the bottom of the sea without creating a schema alert? The possible explanations that aircraft engulfed in the methane bubble stops the engine, and-perhaps inflames the methane around, causing instant loss of flight, as the airplane dives into the ocean. The scientific explanation of the mystery surrounding Bermuda Triangle seems to be doubtful in the absence of any reliable reports of ships and airplanes almost engulfed by such a bubble.

Thin Blue Line Research Paper Example | Topics and Well Written Essays - 1250 words

Thin Blue Line - Research Paper ExampleAdams had been in jail for s tied(p) years hobby his conviction for shooting Robert Woods, a police force officer in Dallas, to death. Although the sentence had been commuted by the time of the interviews, Adams was still in prison and still maintained that he was not guilty of the murder. After Morris started researching Adams case, he was soon convinced that he was innocent and that it was clear who was responsible for the murder (Lankford 1). He, thus, turned his nonsubjective efforts to building Adams innocence case. The Thin Blue Line was the result of these investigations, and it soon became a standard for investigative documentaries. It became a triumph of execution, more interesting than exploration of crime and consequence, and it has been influential on fiction and documentary film films since. The Thin Blue Line by Errol Morris does not seek to tell the baloney of an investigation into a murder but is a murder investigation, whi ch set investigative documentary standards. Morris captures the attention of the audience by making the documentary as a considered defense through interviews with both Randall Adams and the cardinal witness in his case, David Harris (Bellizzi 1). He manipulates the Harris interviews to commemorate that he is the only person who could have killed the Dallas police officer. Morris, end-to-end his entire documentary, reveals clues by letting the witnesses, judges, police, and criminals talk on and on. By doing this, Morris places the audience in the world of Harris, Adams, and the justice system of a little town in Texas. It seems as if Morris edited various scenes, as well as interviews, to show the story, as he wanted which was that Harris was the guilty one and that Adams was not. He allows the storys arc to move forward by using the interviews, whereas also, at the same time, examining some residents of the Texan town. This documentary differed from other documentaries at the t ime because it showed various viewpoints. Yet, even with these multiple viewpoints, Morris uses particular footage, and evidence, leading the audience on to a specific conclusion (Bellizzi 1). The Thin Blue Line has a basic construction that was misleadingly conventional, specifically looking back to how profound its influence has been on subsequent documentaries (Bellizzi 1). Morris weaves three basic strands together, which widely increased the standards of documentary making. Firstly, those participating in the documentary to the cameras give the narratives core. These people in the documentary include the judge from the first trial, Adams lawyer, various eyewitnesses in the shooting, police members who investigated the case, the key prosecution witness David Harris, and Randall Adams. Secondly, the documentary pioneered the use of real and documentary evidence, including line-up photos and mug shots, court reporter illustrations, reports from newspapers, and diagrams and photos from the crime scene (Bellizzi 1). The documentary also had an influence on staged re-enactments in subsequent investigative documentaries. The filmmaker utilizes re-enactments in order to highlight the vital parts of his interviews, as well as important facts, to show the audience what he considered as being important to the inference chain (Rivera 1). In a particular scene, he reenacts Turko getting out of a police car, whereas throwing away his milkshake. The reason he reenacted the scene was that it showed the discrepancies that existed

Nursery Schools Essay Example | Topics and Well Written Essays - 2000 words

Nursery Schools - Essay ExampleIt is the formative years which practically times neglected by the pargonnts because they are meddling with the different kinds of businesses.One strategy that has been successful until now is setting up of nurseries. This is an in demand commercialize for childrens education especially with the working parents who would want to bring their children in this kind of institution. Thousands of children have been benefiting in these kind of set up wherein babies, toddlers and children are developed into discover persons in the aspect of social, physical, emotional and spiritual needs (Way, 1995).Scotlands educational system is different from other countries especially with United Kingdom. Traditionally, it has emphasized the range of subjects rather than the in depth education given to different levels. Children enter a school as soon as they are able in attending schools and as soon as they are 3 years old from their sustain birthday.The proliferation of schools especially of the nursery schools are expanding in the northern and southern part of Scotland. The enlarge of the career women is a factor why there are many nursery schools are present in the countryside. Parents believe that their children can be shell attended with these kind of schools. Even though this is seen as additional bill for the family but this is the only way of getting their work done and keeping themselves busy to get income for he family. Parents would depend on the staff who would attend to their children risking their kids to the staff rather than risking the lives of the whole family. The flexible hours offered to the parents with just minimal fees is attractive to the parents working. In the last 10 years, Scotland has fluctuating birth rates which means there is the decrease and increase in the number of children being born in the every year. eastward Ayrshire is one of the top 15 areas with the highest number of population totalling to 119,720. There had been nursery school set up in the area. At present there are 10 nursery schools that have been operating since in the 1990s (Eurostats, 2006). Partnership Nurseries Ltd. has been in the business since 1989. It has developed two big nurseries in Cowglen and Hillington and expanded its area. It is a popular nursery school in Scotland because of its experiences and facilities available for the kids who are enrolled in the school. The nursery schools are open during Mondays through Fridays and offer minimal fees to the parents. The Partnership Nurseries Ltd is attempting to invest up another nursery school in Kilmarnock which the management believed it will prosper because of the factors identified during the conduct of research and business plan. The increasing number of mothers move to work created a stir to the business environment of creating nursery schools. This meant that more and more nursery schools are needed to have their kids tended while they are forward from h ome. Kilmarnock in East Ayrshire is located between Glasgow and Ayr. It has a total population of 43,588 in 2005 from the facts and figures of Scotland statistics. Based on the 2005 statistics of Scotland, East Ayrshire where Kilmarnock is located, has a population of 119, 720. Children below 16 years old are about 18% of the total population of East Ayrshire. Compared with other areas in Scotland it has higher percentage of children below 16 y

Jack Kerouac Essay Example | Topics and Well Written Essays - 1250 words

Jack Kerouac - Essay ExampleHowever, this work cannot be discussed out of context. Therefore, it is important to also discuss the begin question and its relation to Jack Kerouac to better understand the literary piece, and to provide substantial arguments. John Kerouac and the Beat Movement John Kerouac is the acknowledged leader of the literary artists belong to the Beat Movement. This movement promotes countering the goals during the 1950s, whereby resisting conformity expectations of the midriff class American culture. This movement was joined by literary artists, who exploit their literary talents to convey and create whole kit and boodle with values and topics of poverty, immigration, sex, drugs, eastern philosophers (Buddhism) and American Jazz musicians. These values and topics have been evident in the work of Kerouac, On The Road. This piece has expressed the perceptions and rationality of those belonging to the movement. through and through a fictional story, it depicts the group, whereby they refuse to acknowledge various dominating values and beliefs during the period. In particular, the Beat rejects materialism and conformity, which was said to be the expectation of the American middle class. Rejection of Conformity in Middle Class American Based on the work of Kerouac, the main aim of the Beat Movement (based on the ledger) is to restore the authenticity of humans in the culture of the prepackaged life--- that is conformity. To note, this era was a proliferation of freedom repression. It is apparent that the Beat Movement aspires to influence the society in reinventing the dominant culture through writings. By narrating his and his friends travel experiences, he instills the importance of freedom in a world governed by norms. Their deviation from uniformity was characterised by their travels on the road. scorn believing in the power of language, the Beat movement continues their fight by living what they write. That is, they are able to deliv er their sentiments by living freely with drugs, religion, self-imposed poverty, affirmation to third sex and alcoholism. These elements are distinctively clear in their writings, as well. Moreover, it is often emphasised from the book that residing in a particular sphere of influence is never permanent. This paper perceived this reflects the ambition of the Beat to create a new value and faith outside the values which forcibly shape their lives and beliefs. Provided with this, the Beat pointed out that the ultimate dream is not to conform to society, but rather it is the freedom from the conservative society they belong to. They perceive such conservatism as a curtailment of their freedom to express themselves. Hence, the primary rationale on why the Beat rejects conformity is the hopes of circumventing the restrictions associated with the expectations of the American middle class. On the second note, the book demonstrated that the Beat rejected American Middle class restrictions as it also promotes materialism and consumerism in the capitalist society. This means that the Beat rejects conformity as they do not believe in materialism. Acquiring this value does not guarantee happiness despite ones abounding wealth. The Beat recognise the importance of spiritual fulfillment, which will not be attained by materialistic values. The characters

Case management concepts to care for patients with high-risk complex Essay

Case prudence concepts to care for patients with high-risk confused needs - Essay ExampleExisting publications on the resign of part management has often found that it is successful and beneficial to the patient, their families and their caregivers (Bergen 1992 Pugh et al. 2001 Riegel, Carlson, Kopp, LePetri, Glaser & Unger 2002). Case management can be especially beneficial for patients that have high-risk complex needs, such as elderly patients with congestive heart mischance and diabetes, and it appears to be cost effective and improve patients quality of life (Pugh et al. 2001). An example of using case management for patients with congestive heart failure is described in an article by Riegel et al. (2002). The study aimed to determine if a standardized telephonic case-management intervention had each effect on reducing the number of resources utilized by patients (Riegel et al. 2002). Participants in the study received standardized calls from a case manager on a regular b asis over the six months of the study. Results of this study indicated that the phone calls did significantly decrease the resources required by patients (Id.). The telephonic case-management intervention also resulted in significantly lower costs for patient care. Basically, the study results found that the telephonic case management resulted in significant decreases in physician office visits, hospital days, want department visits, and rates of rehospitalization (Id.). Interestingly, the study also found that some of the telephonic case management interventions were to a greater extent effective than others. However, it is not clear which factors of the intervention real influence the effectiveness of the results and further research is needed in this area (Id.). Other studies assessing the effectiveness of case management in patients with congestive heart failure also found that case management intervention was beneficial to the patients (Laramee, Levinsky, Sargent, Ross & Cal las 2003 Pugh et al. 2001). In fact, nearly all of the research on the subject of using case management strategies with congestive heart failure patients found the intervention could be linked to decreased hospital readmission, cost savings and improved functional health condition (Laramee et al. 2003). Another population which can benefit from case management intervention is the population of older people living in the community (Bergen 1992 Bernabei et al. 1998). Existing literature on the subject seems to indicate that integrated community care that includes case management strategies has positive effects on the elderly population that is living in the community (Bernabei et al. 1998).In fact, Bernabei et al. (1998) found the intervention led to reduced risk of hospitalization and reduced length of stay in the hospital or nursing home, little physical decline among patients, and reduced health care costs. Case management strategies have also been beneficial to elderly diabetic patients, especially those living exclusively (Huang, Wu, Jeng & Lin 2004). Elderly diabetes patients that live alone face a number of challenges and often cannot perform self-care independently (Huang et al. 2004). Through home-based case management intervention patients can be educated in diabetes self-management (Funnell et al. 2007). Results of the study indicated that a home-based nursing case management strategy improved quality of life for elderly diabetics living alone, although much more research is needed so that more strategies may be developed to treat these populations in our society Case

The Vigilance Project Essay Example | Topics and Well Written Essays - 1000 words

The Vigilance Project - Essay ExampleBeing in a group, an private feels as integral part of a team which enhances his or her self-worth.4. Realistic is conflict found on scarce resources symbolic conflict is conflict based on determine and beliefs. Realist conflicts take place between groups over scarce resources in a competitive environment. Symbolic conflicts occur due to different perspectives regarding values and ideas which give rise to conflicts in goal persuasion.5.The leadership paradox is best stated as The fact that teams usually need leaders, however the very movement of a leader threatens the autonomy of a team. Instead of making a team more productive, a leader may end up being a hindrance if he overuses his power (Thomson, 2004, p.309).6.The three types of team coaching include ability, coordination, motivation. Motivation enhances team commitment, coordination helps people to work together, and educational coaching increases skills and abilities of team members (L evi, 2010, p.178).7.Teams that are underbounded Have many external ties, but cannot bring its members together in contrast, teams that are overbounded have high loyalty but an inability to integrate with others. Overbounded teams are highly cohesive and so members can work in more coordinated manner than underbounded teams (Hackman, 2011, p.79).11.According to the empirical query on convergent and divergent thinking, Groups are better than individuals at divergent thinking individuals are better than groups at convergent thinking. This is because in the last mentioned effort is to find single solution to a problem while in the former effort is to find multiple solutions to a problems which can be more effective in a group (Salkind, 2005, p.309).12.The key threats to creativity do not include social striving. Social striving actor individuals can exhibit maximum performance when working as part of a group, and this can enhance creativity (Shiraev & Levy,

Managing a Diversity Training Program Essay Example | Topics and Well Written Essays - 1000 words

Managing a Diversity Training Program - Essay congressmanIn US workplace, discrimination is a common phenomenon added by the theory, similarity-attraction which explains people are more likely to be attracted to others who are similar to themselves than to others who are incompatible from themselves (Paludi, 2012, Ch.1). As the leader of an insurance company in Baltimore, there are also other theories to be considered before developing a diversity provision program like the social categorization theory and the social identity theory. According to the social categorization theory people in workplace ply to classify themselves and others who have common social elements like age, gender, religion and class. According to the social identity theory people tend to take pride in their own characteristics like specific age group or religious affiliations. As such these people form in-groups with others who they consider as their kin and life separated from out-groups which contain group s other than the in-groups. In this way discrimination becomes rampant in workplace (Paludi, 2012, Ch.1). For proper diversity management several things need to be considered. A workforce being culturally diverse there is potential of multiple talents and skills. Therefore, for a leader of an insurance company it is necessary that every case-by-case be given proper opportunities to exhibit their talents and skills for the benefit of the company. This will create an overall inclusive working environment that can develop in malignity of differences within workforce with no person feeling rejected. Thus, the key lies in creating an inclusive environment that will maximize the potential of all individuals in a workforce within a cultural context that will be advantageous for all (Rosado, 2006, p.4).However, there can be challenges in implementing diversity homework program. In spite of the overall advantages of this program, it can be opposed by some members as they may be reluctant t o adapt to

Financial Research Essay Example | Topics and Well Written Essays - 3000 words

Financial Research - Essay Example kind-hearted fundraising is becoming more difficult and competitive. At the same time, societys imply for good-hearted services is growing. In such a challenging environment, how can charities keep up with ever-changing legal requirements -- and still have time to leaven money and carry out their compassionate missions A new series of Law and Tax Guides for Charities helps show the way. The first title in the series, The Charitys Guide to Charitable Contributions, is a practical, plain-English guide to what charities need to know about the federal income tax deduction for charitable contributions. Its an essential tool for every charity.Veteran tax lawyer Pamela McAllister guides readers through the maze of federal tax laws with topics ranging from membership premiums to special event, auctions to thrift shops. Readers discover clear, step-by-step instructions for determining how much of a contribution is deductible and what to tell their donors in a wide range of everyday situations, plus valuable practical advice on maintaining positive donor relations.This article by Pamela McAllister shows the charitable ... amela McAllister shows the charitable organizations like Q note how to follow the technical requirements of the donation law by giving them important checklists, guidelines, and sample forms that surely leave behind help charities be professional and knowledgeable, assist their donors, and avoid tax penalties it excessively has countless real-word examples.So this financial research on charities is shows us that our Q note school will wave because the United Kingdom government encourages companies to give to charitable institutions like Q note. In return the donating companies will report the donations as deductions from the total gross income. This donation will then lower the total beat of business income that the company will use as basis for computing the amount of taxes the company will behave the United Kingdom government. If the donations are bigger, then the gross income deduction will also be bigger. But the United Kingdom tax law also states that there is a limit to the amount of donations that a company will give to charitable institutions like Q note. Although, this will lessen the charitable contribution amount that each charitable organization will receive from one company, the charitable organizations can spend more time looking for other companies that will be philanthropic enough to give excess funds to the Q note School. Therefore the charitable organizations and also the donor company or companies.benefits from this taxation law pertaining to charitable contributions. SOUND ENGINEERING. Since there is a big market for songs and recordings of meetings, conferences and the like, the student graduates will have a bright future in the chosen field of ready as compared to the alternative of joining the inner city street gangs and live a dangerous life of

Gallery Assignment - James Robie Essay Example | Topics and Well Written Essays - 500 words

Gallery Assignment - James Robie - Essay ExampleAngeles (UCLA) and in 1968 1970 he studied with fellow artists Lester Johnson, Al Held and Jack Tworkoff who graduated bachelor in fine arts and masters in fine arts at Yale University calibrate School and Architecture. Robie also experienced working at a tooling company where he learned plaster casting and also worked as an apprentice to a wood pattern maker and fabricating prints. His educational background and experiences taught him distinguishable approaches and different discipline to his tremendous art. This leads me to his piece Mighty Hero, 2010, oil and gesso on canvas, 20 x 30 that was displayed in a simple, spacious, clean and well lighted gallery of California State University Northridge. While looking at the said piece, the starting line thing I noticed was that there was no focal point on the art which made me categorize the piece as an abstract art. So I viewed the piece through my feelings and visual perception. I sa w the art as a horizon of different worlds of different energies, represented by the ironlike lines and edges that were illustrated on the piece. I also felt fear, sorrow, rage and terror while looking at the art, because of the intensity of the colors used which was very strong and the substance it was brushed giving the piece so much drama. It made me look back on the devastating war in Libya and the catastrophic earthquake in Japan. As a looker, I was moved by his art and how his illustration made me feel. Another work of James Robie which is Summer Day gave me a different mood, a different feel, and a different perception on the art, and it also reminded me of my childhood days. This art inspired me to relive my childhood moments, to bring back the put on in me, to have fun, to play and to be carefree. This piece illustrates a sense of freedom, friendship and playfulness shown by the shapes and the presentation of the art. The color balance is consistent, giving the viewer a peaceful perception and allowing the viewer to connect more to

Air Asia vs. Qantas Essay Example for Free

personal credit line Asia vs. Qantas Essay1. Overview1.1 Qantas-Main business and strategiesThe main business of Qantas airways hold is the transportation of passengers. Their core system of Qantas is profitably grows and the longer-term strategy of Qantas is to reorganize its business structure in order to eliminate mounting losses. The strategy that implement by troupe is to reduce the capital intensity of the business by forging partnerships with carriers in certain sectors that ar uneconomical. (Qantas, 2012) Such as cooperate with British Airways. Qantas workout two complementary air duct brands these two brands ar expenditured to touch different customers. ii brands operate together has occupied 65% market grant in Australia, (Qantas, 2012) because, two brands provide flexibility in varying market conditions.Qantas, (2011 pp. 4)On the another(prenominal) hand, these two brands practice somewhat sub-strategies to contain its main strategy. These capture sub- strategies are the key success for point that lead to Qantas continually expansion in the realism. Qantas JetstarSub-Strategy * Premium just service * Maximized profitability * Cost leadership * small(a) fare airline Ope rational improvement * Enhanced customer service focus * Expand locally and into outside(a) leisure markets In statistics of 2012, Qantas has full-employees for 33,584. Flights over 550 airports and passengers carried are 44,456,000, which gain the 5.06% base on the grade 2011. (Qantas, 2012)1.2 Air Asia-Main business and strategiesAir Asia is the spectacularst pocket-sized- exist flyer carrier in the world. It is establishing with the dream of making flying affirmable for everyone. On the other hand, it is non only focusing on the cost factor, but also safety first. The Air Asia has operated around 11 years, but its still financial backing highgrow rate. The Air Asia is the regional carrier with the largest destination webwork, highest flight frequ encies and high aircraft utilization.( Air Asia, 2012) Air Asia was named the 2012 Worlds scoop Low Cost Airline in the annual World Airline Survey by Skytrax for three consecutive years. There are some actions that support its main strategy in order to make it success. Such as the lost cost model is based on (Hill, C. W. 1988). * Single passenger sort out* Flying to cheaper, less congested secondary airports* A single type of airplane in order to reducing training and servicing cost * blame to point flights with no transfersIn statistics, Air Asia has full employees for 4346. Passengers carried are around 22,474,620 in 2012, which append more than 10% base on the year 2011. service network over 216 routes covering destinations in and around world. The below picture has shown that air Asia are trying to get more market share in the southwest of Asia, there are more than 143 routes in southwest of Asia out of 216. This is the developing direction of the Air Asia in recent years. (Air Asia, 2012) 2. Industry digest2.1 Overview Goble airlines markets muller mode abridgment The Lift side is show that, the air travel remains a growth market. This forecast mentions that air traffic will retell in the next 15 years, which means, the external environment still keep optimistic. Both of Qantas and Air Asia have aforementioned(prenominal) opportunity. (Airbus, 2012)The crunch model lists the factors or driver for growth, external environment can be reasonably expected as optimistic. but this chart showed that real GDP 2011-2031 by region, the economic growth is a key driver for air traffic growth, increasing urbanization will also drive economic growth and the propensity to fly. (Airbus, 2012)PESTLE modelPESTLE modelPolitical * Stable political environment * Deregulation Economic * Global financial crisis * Rising currency * Rising fuel cost affable* Changing consumer demographics * increase travel lifestyle * Changing consumer preferences Technology * Intern et * Surface transport investments * Efficient aircrafts Legal * Legislation compliance requirements * Allegations of misleading denote Environmental * Greenhouse and carbon emissions * Tourism saturation * wretchedage of infrastructure capacity2.2 Overview Australia airline marketsQantas is the biggest airline operator in Australia, which represent as 75.6% for house servant market, but Qantas still has some competitors in Australia, such as Virgin blue (14.4%), Skywest (1.3%), Tiger (1.0%) and others (6.3%). We should chthonianstand it operate environment before we going to sense analysis, because the every confederacy is restricted by external environment. PESTLE model clearly show Qantas operating external environmentAccording to this chart, we can close that the overall environment is good and stable, but overall industry still facing some problem, the biggest issues has shown at lift picture, which is purchases, purchases of fuel. (Australia government 2013)2.3 Qantas SW OT analysis effectualness1. As one of the biggest Airline in the world, QAN has large quantity of flight customers and business relationships. Large scale could bring more benefits. 2. Qantas operates in a sea of business activities in different sectors. But all of them the support activities of the aviation industry, such as catering, engineering and baggage handling. and then operation contributes to helping control supplier and aircraft maintenance be. 3. Qantas Airways, Canada airlines, joined Kingdom airline, United States airlines and Cathay Pacific founded a management company called One world Alliance. This centrally is to help separately other in non-core business activities, such as marketing and online ticketing, in purpose of reducing costs and thereby cutting ticket prices. Members of the Union may also transfer passengers for connecting flights. 4. As monopolizing in Australian Market, Qantas has a home advantage. Thus its subsidies couldprovide better resources f or its business. WeaknessWithout the authorization of the trade union officials, workers in Qantas took an action called Wild Cat Strikes. Qantas was damaged by that action in delaying flights, exploring its issues amongst employees and the company. Besides, QAN Company is too concentrated on Australia side. OpportunitiesAs publishing of absolved sky police, such as Pricing determined by market forces, Fair and equal opportunity to complete, Cooperative marketing arrangements, QAN could be beneficial from international aviation liberalization and downsizing in government intervention. In addition, more international destinations especially in Asia are developing. Due to Australia Market is less tapped so far, QAN could get a better chance to gain a major market shares than other airline companies. Moreover, QAN found a raw opportunity of new market and created Jetstar witch is a low budget airline to attract potential large quantities of customers. ThreatWith the result of mergin g between n United Airlines and Continental, Qantas is under threat because United Airlines- Continental is planning to penetrate into Australian market. One of Qantas most important international routine, between Australia and USA, will be matched. Unfortunately, large fluctuation in oil prices, together with orbicular financial crisis, big airline companies was affected seriously due to rising operation and labor costs. Increasing Australia Airline market completion also will be a threat for QAN developing.2.4 Overview Southwest of Asia marketsThe main competitors of Air Asia are Thai airways, Nok air, One Two GO Airline, and Singapore airlines, among of them SIG is the main competitor with Air Aira, in order to compete with Air Asia, SIG introduced 2 budget airlines Valu Air and Tiger Airways, both of them are practice as the low-cost position. AIRASIA SWOT AnalysisStrengthAIRASIA has a well-known name and it is famous for its low cost operation. inaccordance with the 2011-2012 year financial report, the companys non-fuel costs fell 3%, suggesting that companies continue to implement cost control in 2011-2012, the company plans to non-fuel unit costs to fall by 5%. While ancillary tax rose 23%, which helps companies to achieve annual r regularue growth targets Moreover, it has the first-mover advantage of first low cost airline company in Asia. After that, AirAisa has secure promotional strategies for general promotion and media advertising. In addition, they companying with other service providers, such as hotel) and credit cards create a unique image among customers. Because of its punctual exertion, AirAsia was offered honor of five-star service and flashes. AIRASIA has developed a well-established distribution channel in its products and services. Moreover, it is always using single type of airplane, thence minimizing maintenance fees. WeaknessesDue to the report, Aircraft leasing costs increased by 8% since the number of aircraft increased by 8 p er cent while leasing costs and depreciation of the dollar, allo lureg the company to save rental costs. Airport and operating costs increased by 12%, reached 444.34 million dollars. Other expenses have increased by 14%. As the economic condition recovery, how to control the rising costs becomes o one of the most serious challenges faced by AIRASIA. Because of the bring low cost, AIRASIA has modified service resources. Thus also is think to being lack of ability of handling irregular situation. Government interference regulates airports. In addition, AIRASIA receives a lot of complaints from customers such flight delays and not able to change flight. When competition is getting intense, good customer service and management is especially important. OpportunityWith having first-move advantages, AIRASIA could be more possible to survive and win under the big intense environment such as rising oil price and government regulation. There is another opportunity for AIRASIA is cooperatin g with other low cost airlines such as Jetstar. The significant action could help tap into their strength and resources. Besides, larger population of customers is willing to choose cheaper flight. ThreatIn nowadays, hemorrhoid of low cost airline companies are appeared such as Jetstar,Virgin, and Southwest. These companies improve that AIRASIAs low cost strategy could not be a strong competitive advantage in the industry. It could be copied easily. Many kinds of expenses such as security fees and landing fees are out of control. Moreover, unstable economic conditions in the world have impacted on airline industry. Thus treat is same with questions facing by Qantas.3. Accounting policies analysis3.1 Basis of preparation of the financial statementsThe chronicle policies are the procedures that used by a company to prepare its financial statements. Qantas reports basically are prepared in accordance with AASBs, but also avocation the IFRS (Qantas, 2012 pp.78). Air Asia prepared thei r reports following the MASBs and also in conformity with IFRS. IFRS is the general guide for these two companies when they prepared their report. It means not only significantly upraise comparability of financial reporting between these two companies, but also reducing our uncertainty, increase the reliability and accurately of analysis. (Burgstahler, D. C., Hail, L., Leuz, C. 2006)These two companies are running same business industry and prepare report in accordance with IFRS, so there are some story policies are similar, the following lists show the similarities of chronicle policies practiced as these two companies3.2 Similarities of accounting policies (Qantas, 2012 pp.80, Air Asia, 2012 pp.73) * Reports on the basis of historical costs except in accordance with relevant accounting policies where summations and liabilities are stated at their fair value * Main revenue recognition-The value of seats sold for which services have not been rendered is included in modern lia bilities as sales in advance * Other revenue-such as fuel surcharge, insurance surcharge, administrative fees, excess baggage and baggage handling fees, are accepted upon the completion of services rendered. * Residual value-the changing estimates are based on historical experience and various other factors that are believed to be reasonable under the circumstances * PPE-Depreciation is used the straight-line method* Inventory-The values of inventories are reported as weight add up cost. * Repair and maintenance expenditure, repair treat as cost, take time off in the same period. Maintenance, if it changes in the using life of equipment, it will be treat as capitalization.Even these policies are similar, but they still have some flexibility, such as the report can be influenced by changing accounting estimates. The following table has been showed that there are followly different use for life and residual values between these two companies assets. These two factors are depended on the judgment and estimate of management. Matsumoto, D. A. (2002) mentions that managements estimates and judgments involved in the accounting policies which have significant potential impact on their financial statements, because these matters are really uncertainty. Finally, this uncertainty will reflect on the ROA, hard roe, even if these two ratios increase or decrease, it does not necessarily because of changing in the companys profitability. (Lev, B., Li, S., Sougiannis, T. 2010). Qantas As Asia Use for life(Years) Residual values Use for life (Years) Residual values Buildings 10-40 0% 28.75-50 0%Passenger aircraft and engines 2.5-20 Up limited 10% 7-25 Adjusting according to a prospective basis (note1) Air spare parts 15-20 Up limited 20% 10 Adjusting according to a prospective basis (note1) Note1Estimates and judgments are continually evaluated by the Directors and are based on historical experience and other factors, including expectations of future events that are belie ved to be reasonable under the circumstances. (Air Asia, 2012 pp. 77)3.3 Main different accounting policies3.3.1 ReceivableQantas and Air Asia receivables contain of trade debtors, other debtors and loans owing from connect parties. Normally, the net receivable is recognized as its original amount less a preparation for uncollectible debts. Qantas make an estimate for doubtful debts when collection of the full amount is nolonger probable. The estimation of purvey of doubtful debt relative to receivable is regularly reviewed. Bad debts are written off as incurred (Qantas, 2012 pp.101). As result, it is a risky way for the company not to assign provision of bad debts according to the percentage of credit sales. In Air Asia, they assign provision of bad debts according to the percentage of credit sale, (Air Asia, 2012 pp. 98) company will operate more stable, less risk then Qantas, but allowance will decrease its operating asset, reflect on the ATO, as result influence ROE. (Davidson Thompson 1962)3.3.2 Discount strideDiscount rate is the interest rate that used in discounted interchange flow analysis to determine the present value of future cash flows. (Qantas, 2012 pp.101) Changing discount rate will influence the companys subsidy plan. Normally, award is companys liability it is measured by three factors, PBO, ABO and VBO. Either PBO, ABO, should be discounted before reported. Due to particular category of pension plan, company just reports the different between the pension benefits and pension obligation on the financial report, if the benefits are greater than obligations it will be reported on the assets side, on the opposite, it will be reported on the liabilities side. (Wiener 1995) So the effect will directly reflect on its ROA and ROE. Discount rate of Qantas is based on the risk-free rate for the ten-year Australian Government Bonds adjusted for a risk premium that represented as 10.5% percent per annum (Qantas, 2012 pp.103). Air Asia use weight bonnie effective interest rate that represent as 10% per annum. The changes in discount rates of Qantas in 2011 to 2012 that lead to decrease in the Workers Compensation provision of $15 million and an increase in the long service leave provision of $45 million. The net effect of these changes was a $30 million increase in provisions as at 30 June 2012. (Qantas, 2012 pp.103) as results, the changing of provision will reflect on the ROE of Qantas, because provision is comprised of liability. Finally, the ratio analysis will lack of comparability.4. Ratio analysis4.1 Return on equity analysisThe ROE changing line of Qantas Airline limited (QAN) has a stabbing fluctuation during year 2009, which has reached the top point of almost 60%. Then ROE index declined until 16.89% after the top and maintained about the level framing of 20% from year 2010. Compared with QAN, Aireys Berhad (AIRASIA) has a relative complicated ROE line. AIRASIA started from -50% from end of year 2008, afterwa rds got to the first top of 35.37% in 2010. After that the concave sprain reached the bottom of 14.28%, and was back to the top at point of 37.39%. As personal opinion, AIRASIA has a brighter future than QAN on ROE side due to its growing foreshorten ROE ratio from year 2011 though it had a negative number from the beginning point. In addition, with the research of 5 year average ROE rate, the total airline industry index is 26.9%, which is higher than QAN and lower than AIRAISA (StockCentral, 2013). AIRAISA is doing a better job in using investors money and attracting more investing capital.4.2 Leverage affectFrom above two graphs, different index reflect different relationships. On QAN side, ROE rates changing are mainly due to changing in return of asset rate. It is indicating that QAN achieved a better effect of asset utilization by increasing revenue and saving asset funds to raise ROE ratio up. Different with QAN, AIRAISAs ROE rate is primarily rely on financial leverage, wh ich is equal to net financial liabilities / equity. Overwhelming other related facts, higher financial leverage rates mean stronger power of using liabilities to create profit. From this aspect, it is not hard to disclose different profit channels between two companies.4.3 Borrowing cost driversDownsizing of borrowing cost rate gives opportunities to raise ROE ratio. In QAN, from year 2011 the borrowing rates have been unceasingly declining which gave contributions to profit gaining. From AIRASIA side, borrowing cost rate kept on level of 3%-4% in recent two years, which may weaken ROE performance competing with QAN. 4.4 run profit driversReturn on asset ratio, which could be divided in asset turnover and profit margin directly, affects the performance of ROE. Compared with twocompanies, ATO ratio gave more impacts on ROA in past five years in QAN. Relatively much higher ATO ratio of QAN reflects that business higher speed of asset utilization from input to output for the period, b etter enterprises assets management quality and efficiency. Downsizing in ATO rate will directly influence ROA rate, obviously between year 2008 and 2009. In AIRASIA side, ROA ratio variation mainly affect by PM ration. On whole, PM ratio curve indicates increasing trend in the 5-year period, though a slight drop in year 2011. Higher PM ratio compared with QAN could give evidences that AIRASIA has better ability to recover kinds of expenditures and cost of goods sold, benefiting from the low cost strategy. Low costs give contributions to gaining higher ROA ratio of AIRASIA than QAN in recent year.4.5 Cost structureThese two graphs are drawn on the base of revenue as 100%. According to two graphics, we can easily see that After deduct COGS, Air Asia reported Gross profit around 50% over 5 years, but Qantas just has less than 20% for Gross profit, Air Asia practices cost-lead ship strategy, so COGS and its selling administration expense is significantly lower than Qantas. So the Air Asia control its COGS are better than Qantas. But however, the selling administration expense of Qantas (around 11% of 100% revenue) less then Air Asia (around 26% of 100% revenue), which mean Qantas, is good at management. Thus trend indicates that low-costs of airline industry would be bafflement for increasing profit. Compared with two companies swinish profit and gross margin ratio curve, Qantas has been suffered drop trend in five-year gross profit due to its downsizing revenue and high cost of goods sold. AIRASIA has optimistic trends both in gross profit and gross margin. The company was engaged in expanding sales and revenue, improving cost management level and seeking appreciate company strategy at the same time. Higher gross profit and gross margin indicate company could have higher possibilities to gain profit. 4.6 Average industry analysisThe first graph shows the ROE of Air Asia in the Malaysia airline industry, after 2009, the ROE of Air Asia is significantly higher than average. The second procure compare the Qantas with Australia airline industry, if wecalculate the average ROE of Qantas, the result is a little bit lower than average. The last graph we put two-airline companies in the Asia- pacific region, the graph has shown that Qantas operating is lower than the average, after 2009, Air Asia is keeping upward.5. ConclusionAfter our analysis, due to applying different policies and strategies, two airline companies did different performance in gaining profits. we think that even though Air Asia just set up around 11years, and its size of the company is quite less than Qantas. But they have been adapted to the turbulent global environment. Its strategy has fitted with external environment, the advantage of small company is easy to change its management control system to response with the turbulent environment and better to keep consistent with its strategy. Finally, the whole company will be easier to achieve the goal. As result, AIRASIA seem s to be better in raise ROE ratios, benefiting from its increasing sales and costs controlling. So we can concluded that AIRASIAs performance is better than Qantas.ReferenceQantas, (2012) Qantas Annual Report 2012 Qantas Airways Limited www.qantas.comQantas, (2011) Qantas Group presentation December 2011 Qantas Group www.qantas.com.Air Asia, (2012) Air Asia Annual Report 2012 Air Asia Airways Limited www.airaisa.comAirbus, (2012) Navigating the future Global Market Forecast 2012-2031 www.airbus.comDomestic airline activity, Department of Infrastructure and Transport, Australia government, modify 19 August, 2013 www.bitre.gov.auQantas Customers 2012, by Segment 2012, Statistic, viewed 8 May 2012, QantasSituation Yesterday, Today and Tomorrow 2011, The Age, viewed 8 May 2013,Stockcentral (2013), industry averages. Available from http//www.stockcentral.com/?utm_source=iclubindustryaveragesutm_mdium=link Accessed August 17, 2013.Burgstahler, D. C., Hail, L., Leuz, C. (2006). The enor mousness of reporting incentives pay management in European private and public firms. The accounting review, 81(5), 983-1016.Lev, B., Li, S., Sougiannis, T. (2010). The usefulness of accounting estimates for predicting cash flows and earnings. Review of Accounting Studies, 15(4), 779-807.Kotlikoff, L. J., Wise, D. A. (1989). Employee retirement and a firms pension plan.Hill, C. W. (1988). Differentiation versus low cost or differentiation and low cost a contingency framework. Academy of Management Review, 13(3), 401-412.Matsumoto, D. A. (2002). Managements incentives to avoid negative earnings surprises. The Accounting Review, 77(3), 483-514.Cyert, R. M., Davidson, H. J., Thompson, G. L. (1962). Estimation of the allowance for doubtful accounts by Markov chains. Management Science, 8(3), 287-303.Scott, T. W. (1994). Incentives and disincentives for financial disclosure Voluntary disclosure of defined benefit pension plan reading by Canadian firms. Accounting Review, 26-43.Wiene r, H. J.(1995), Pension Plan Strategy A Comprehensive Guide to Retirement Planning for physicians and Other Professionals 7(2), 101-212.AppendixAir Asia summary REFORMULATED BALANCE SHEET 12/31/2012USD 12/31/2011USD 12/31/2010USD 12/31/2009USD 12/31/2008USD in operation(p) Assets Net Receivables 315,898,627 176,713,880 158,421,275 170,371,203 262,514,740 amount of money Inventories 7,758,339 6,223,975 5,692,557 6,093,458 5,978,035 Prepaid Expenses 240,199,477 149,035,647 105,739,906 73,305,199 32,597,110 Other Current Assets 0 198,398,423 174,299,659 180,913,551 212,788,150 Net Property, Plant Equip. 3,200,140,615 2,744,062,776 3,021,904,005 2,319,564,252 1,905,866,763 Other Assets 863,519,621 282,959,621 106,643,425 141,351,051 40,122,254 4,627,516,678 3,557,394,322 3,572,700,827 2,891,598,715 2,459,867,052 Operating Liabilities Accounts Payable 21,299,542 25,636,593 17,245,987 26,411,507 31,597,399 Accrued Payroll 0 0 0 0 0Income tax revenuees Payable 1,674,951 0 529,269 2,869,159 0 Dividends Payable 0 0 0 0 0Other Current Liabilities 606,007,521 479,045,110 400,453,705 312,255,549 322,342,775 Provisions for Risks Charges 0 0 0 0 0 Deferred Income 0 0 0 0 0Deferred Taxes -118,180,510 -162,807,571 -233,260,905 -219,414,136 -247,430,347 Other Liabilities 166,843,689 154,044,479 146,867,196 0 0 677,645,193 495,918,612 331,835,252 122,122,079 106,509,827 Net Operating Assets 3,949,871,485 3,061,475,710 3,240,865,575 2,769,476,636 2,353,357,225 Financial Assets hard cash Short Term Inv. 730,127,861 666,457,098 487,957,516 217,964,953 44,439,884 730,127,861 666,457,098 487,957,516 217,964,953 44,439,884 Financial Liabilities Short Term Debt and Current LTD 368,264,879 187,454,574 179,660,126 157,788,551 157,243,353 Long Term Debt 2,381,682,472 2,267,166,877 2,368,374,899 2,064,168,224 1,776,526,012 2,749,947,351 2,454,621,451 2,548,035,025 2,221,956,776 1,933,769,364 Net Financial Liabilities (Asset s) 2,019,819,490 1,788,164,353 2,060,077,509 2,003,991,822 1,889,329,480 Shareholders rectitude 1,930,051,995 1,273,311,356 1,180,788,066 765,484,813 464,027,746 check 0 0 0 0 0REFORMULATED INCOME STATEMENT gross sales 1,617,426,750 1,418,025,552 1,280,394,033 914,982,769 761,470,520 Total be 864,089,928 1,074,545,110 934,371,331 648,407,418 932,758,092 Earnings before raise and Taxation (EBIT) 753,336,821 343,480,442 346,022,701 266,575,350 -171,287,572 Tax 56,556,246 69,934,700 12,143,668 33,884,638 -107,697,977 Income after Taxation 696,780,576 273,545,741 333,879,034 232,690,713 -63,589,595 Net Interest 97,912,688 98,364,669 -10,343,765 84,832,360 79,925,723 Net Income (before Pref Dividends Minority Interests) 598,867,888 175,181,073 344,222,799 147,858,353 -143,515,318 TAX-SHIELD Effective Tax Rate 7.5% 20.4% 3.5% 12.7% 62.9% Net Interest 97,912,688 98,364,669 -10,343,765 84,832,360 79,925,723 Tax Shield 7,350,728 20,027,643 -363,014 10,783,119 50,253 ,725 TAX-ADJUSTED OPERATING INCOME Operating Income (with tax shield) 689,429,848 253,518,098 334,242,048 221,907,593 -113,843,321 Net Financing Costs 90,561,960 78,337,026 -9,980,751 74,049,241 29,671,997 Net Income 598,867,888 175,181,073 344,222,799 147,858,353-143,515,318 AVERAGED BALANCE SHEEETS Operating Assets OA 4,092,455,500 3,565,047,574 3,232,149,771 2,675,732,883 1,298,921,526 Operating Liabilities OL 586,781,902 413,876,932 226,978,666 114,315,953 65,446,413 Net Operating Assets NOA 3,505,673,597 3,151,170,642 3,005,171,105 2,561,416,930 1,233,475,113 Financial Assets FA 698,292,480 577,207,307 352,961,235 131,202,419 26,432,942 Financial Liabilities FL 2,602,284,401 2,501,328,238 2,384,995,900 2,077,863,070 991,642,182 Net Financial Liabilities (Assets) NFL(NFA) 1,903,991,922 1,924,120,931 2,032,034,666 1,946,660,651 965,209,240 Shareholders Equity SE 1,601,681,676 1,227,049,711 973,136,439 614,756,279 268,265,873 check 0 0 0 0 0gross revenue SA 1,617,426 ,750 1,418,025,552 1,280,394,033 914,982,769 761,470,520 Operating Income (with tax shield) OI 689,429,848 253,518,098 334,242,048 221,907,593 -113,843,321 Net Financing Costs NFC 90,561,960 78,337,026 -9,980,751 74,049,241 29,671,997 Net Income NI 598,867,888 175,181,073 344,222,799 147,858,353 -143,515,318 ROE DECOMPOSITION BASIC summary ATO (sales / net operating assets) 0.46 0.45 0.43 0.36 0.62 PM (operating income / sales) 42.63% 17.88% 26.10% 24.25% -14.95% ROA (operating income / net operating assets) 19.67% 8.05% 11.12% 8.66% -9.23% check 0.00 0.00 0.00 0.00 0.00CLEV (net operating assets / equity) 2.19 2.57 3.09 4.17 4.60 ILEV (operating income / net income) 1.15 1.45 0.97 1.50 0.79 ROE ( net income / equity) 37.39% 14.28% 35.37% 24.05% -53.50% check 0.00 0.00 0.00 0.00 0.00SPREAD ANALYSIS ROA 19.67% 8.05% 11.12% 8.66% -9.23%Borrowing Rate (net financing costs / net financial liabilities) 4.76%4.07% -0.49% 3.80% 3.07% Spread (ROA financing costs) 14 .91% 3.97% 11.61% 4.86% -12.30% FLEV (net financial liabilities / equity) 1.19 1.57 2.09 3.17 3.60 Leveraged Spread 17.72% 6.23% 24.25% 15.39% -44.27% ROE 37.39% 14.28% 35.37% 24.05% -53.50%check 0.00 0.00 0.00 0.00 0.00Qantas ANALYSIS REFORMULATED BALANCE SHEET 06/30/2012NZD introductory 06/30/2011NZD 06/30/2010NZDrestated 06/30/2009NZD 06/30/2008NZDOperating Assets Net Receivables 1,138,830,550 1,099,506,200 918,979,200 914,755,950 955,587,900 Total Inventories 385,418,800 398,263,200 269,443,350 269,443,350 202,112,500 Prepaid Expenses 410,020,000 434,663,600 326,034,900 326,034,900 0 Other Current Assets 89,179,350 23,553,200 86,154,300 90,377,550 287,808,200 Net Property, Plant Equip. 14,493,181,950 14,615,831,200 10,571,639,400 10,571,639,400 9,826,709,750 Other Assets 1,618,553,950 1,675,489,000 1,319,343,300 1,319,343,300 1,558,691,600 18,135,184,600 18,247,306,400 13,491,594,450 13,491,594,450 12,830,909,950 Operating Liabilities Accounts Payabl e 661,157,250 639,148,200 506,790,000 506,790,000 482,644,650 Accrued Payroll 0 0 0 0 337,932,100Income Taxes Payable 0 0 0 0 0Dividends Payable 0 0 0 0 4,042,250Other Current Liabilities 5,488,117,700 5,418,306,6004,232,541,150 4,241,832,300 4,111,776,700 Provisions for Risks Charges 755,461,850 692,678,200 473,004,000 473,004,000 430,903,850 Deferred Income 1,164,456,800 1,189,436,600 901,241,550 914,755,950 1,024,306,150 Deferred Taxes 660,132,200 821,150,200 603,924,750 603,924,750 490,729,150 Other Liabilities 229,611,200 527,805,800 195,114,150 195,114,150 216,664,600 8,958,937,000 9,288,525,600 6,912,615,600 6,935,421,150 7,098,999,450 Net Operating Assets 9,176,247,600 8,958,780,800 6,578,978,850 6,556,173,300 5,731,910,500 Financial Assets Cash Short Term Inv. 3,573,324,300 4,083,268,400 3,325,387,050 3,325,387,050 3,377,704,100 3,573,324,300 4,083,268,400 3,325,387,050 3,325,387,050 3,377,704,100 Financial Liabilities Short Term Debt and Cu rrent LTD 1,147,030,950 617,736,200 532,129,500 522,838,350 491,537,600 Long Term Debt 5,566,021,500 5,839,052,400 4,320,384,750 4,306,870,350 3,957,362,750 6,713,052,450 6,456,788,600 4,852,514,250 4,829,708,700 4,448,900,350 Net Financial Liabilities (Assets) 3,139,728,150 2,373,520,200 1,527,127,200 1,504,321,650 1,071,196,250 Shareholders Equity 6,036,519,450 6,585,260,600 5,051,851,650 5,051,851,650 4,660,714,250 check 0 0 0 0 0REFORMULATED INCOME STATEMENT Sales 16,117,886,200 15,945,516,400 11,632,519,800 11,632,519,800 11,764,564,400 Total Costs 16,221,416,250 15,412,357,600 11,379,969,450 11,379,969,450 11,506,668,850 Earnings before Interest and Taxation (EBIT) -103,530,050 533,158,800 252,550,350 252,550,350 257,895,550 Tax -107,630,250 79,224,400 52,368,300 52,368,300 46,890,100 Income after Taxation 4,100,200 453,934,400 200,182,050 200,182,050 211,005,450 NetInterest 254,212,400 187,355,000 102,202,650 102,202,650 111,566,100 Net Income (before Pref Di vidends Minority Interests) -250,112,200 266,579,400 97,979,400 97,979,400 99,439,350 TAX-SHIELD Effective Tax Rate 104.0% 14.9% 20.7% 20.7% 18.2% Net Interest 254,212,400 187,355,000 102,202,650 102,202,650 111,566,100 Tax Shield 264,280,218 27,839,900 21,192,523 21,192,523 20,284,745 TAX-ADJUSTED OPERATING INCOME Operating Income (with tax shield) -260,180,018 426,094,500 178,989,527 178,989,527 190,720,705 Net Financing Costs -10,067,818 159,515,100 81,010,127 81,010,127 91,281,355 Net Income -250,112,200 266,579,400 97,979,400 97,979,400 99,439,350 AVERAGED BALANCE SHEEETS Operating Assets OA 18,191,245,500 15,869,450,425 13,491,594,450 13,161,252,200 6,415,454,975 Operating Liabilities OL 9,123,731,300 8,100,570,600 6,924,018,375 7,017,210,300 3,549,499,725 Net Operating Assets NOA 9,067,514,200 7,768,879,825 6,567,576,075 6,144,041,900 2,865,955,250 Financial Assets FA 3,828,296,350 3,704,327,725 3,325,387,050 3,351,545,575 1,688,852,050 Financial Liabili ties FL 6,584,920,525 5,654,651,425 4,841,111,475 4,639,304,525 2,224,450,175 Net Financial Liabilities (Assets) NFL(NFA) 2,756,624,175 1,950,323,700 1,515,724,425 1,287,758,950 535,598,125 Shareholders Equity SE 6,310,890,025 5,818,556,125 5,051,851,650 4,856,282,950 2,330,357,125 check 0 0 0 0 0Sales SA 16,117,886,200 15,945,516,400 11,632,519,800 11,632,519,800 11,764,564,400 Operating Income (with tax shield) OI -260,180,018 426,094,500 178,989,527 178,989,527 190,720,705 Net Financing Costs NFC -10,067,818 159,515,100 81,010,127 81,010,127 91,281,355 Net Income NI -250,112,200 266,579,40097,979,400 97,979,400 99,439,350 ROE DECOMPOSITION BASIC ANALYSIS ATO (sales / net operating assets) 1.78 2.05 1.77 1.89 4.10 PM (operating income / sales) -1.61% 2.67% 1.54% 1.54% 1.62% ROA (operating income / net operating assets) -2.87% 5.48% 2.73% 2.91% 6.65% check 0.00 0.00 0.00 0.00 0.00CLEV (net operating assets / equity) 1.44 1.34 1.30 1.27 1.23 ILEV (operating income / ne t income) 1.04 1.60 1.83 1.83 1.92 ROE ( net income / equity) -3.96% 4.58% 1.94% 2.02% 4.27% check 0.00 0.00 0.00 0.00 0.00SPREAD ANALYSIS ROA -2.87% 5.48% 2.73% 2.91% 6.65%Borrowing Rate (net financing costs / net financial liabilities) -0.37% 8.18% 5.34% 6.29% 17.04% Spread (ROA financing costs) -2.50% -2.69% -2.62% -3.38% -10.39% FLEV (net financial liabilities / equity) 0.44 0.34 0.30 0.27 0.23 Leveraged Spread -1.09% -0.90% -0.79% -0.90% -2.39% ROE -3.96% 4.58% 1.94% 2.02% 4.27%check 0.00 0.00 0.00 0.00 0.00Company Return On Equity Per ShareY2008 Return On Equity Per ShareY2009 Return On Equity Per ShareY2010 Return On Equity Per ShareY2011 Return On Equity Per ShareY2012 1 2 -27.03 25.33 33.93 14.46 36.863 6.1 20.38 10.32 -18.51 -27.24 -16.22 6.01Malaysia industry average -10.47% 22.86% 22.13% -6.76% 4.81% 1 17.02 2 1.89 4.09 -4.072 22.45 19.73 18.2 11.46 15.253 11.61 -21.09 2.26 -7.32 2.36Austrilia industry average 17.03% 0.21% 7.45% 2.74% 4.51% Return On Equity Per ShareY2008 Return On Equity Per ShareY2009 Return On Equity Per ShareY2010 Return On Equity Per ShareY2011 Return On Equity Per ShareY2012 1 -37.81 22.91 39.91 17.15 10.292 14.73 1.33 5.13 5.29 4.463 -27.03 25.33 33.93 14.46 36.864 15.02 -1.08 -13.73 4.69 5.275 -19.27 11.89 29.11 9.99 1.626 -76.38 57.88 57.42 19.5 17.287 -70.4 -11.18 23.64 -4.06 0.18 -51.42 4.23 34.87 17.31 8.159 -27.96 -10.48 33.11 0.5 1.3110 19.69 39.08 9.61 13.94 10.6611 -20.6 5.01 30.35 19.6 10.7912 -20.47 -30.29 -21.4 -5.16 -14.4313 -26.05 -3.37 14.11 -9.31 9.8314 6.1 20.38 10.32 -110.51 -27.2415 -0.11 -13.94 9.05 85.17 -13.5216 17.02 2 1.89 4.09 -4.0717 22.45 19.73 18.2 11.46 15.2517 16.21 43.36 56.31 44.68 25.9718 13.1 7.31 1.58 7.88 2.4819 -37.71 14.89 24.31 -14.64 9.4520 -14.02 0.34 17.5 10.69 1.3721 11.61 -21.09 2.26 -7.32 2.36Asia Pacific Region industry average -13.33% 8.37% 18.98% 6.15% 5.19%