Saturday, December 28, 2019

A Doll s House By Henrik Ibsen - 2070 Words

Today, the accepted roles of both women and men judged by society’s expectations is an extremely controversial topic. Feminism is a battle that many women are fighting, because even though today’s women can be and accomplish almost anything, men often play the more superior role in many relationships. The role of women has been viewed differently throughout different points in history and in different areas. However, many people don t realize that the slight lack of power women seem to have nowadays has lessened with time, in all areas. Even though many may argue that men have an abuse of power in modern times, women have far more rights in government and society’s standings than they once had . A Doll’s House by Henrik Ibsen sheds light on the typical role of women in 1870’s Norway, showing how women were treated then: almost as objects with no real important place in society. This gives modern readers a clear view of how many more opportunities th at women have nowadays. This essay will combat the derogatory view of women that many people may still have yet how it has lessened and changed . It will examine the role of men in the time period of the play as well. This essay will look into Ibsen’s life and motives for writing, because not only did he choose to give light to feminism, but he alluded to looking down on the role of men. It will explore what themes in the play that relate to Ibsen’s personal life. This essay will also explore the minds of the characters in theShow MoreRelatedHenrik Ibsen s A Doll House1563 Words   |  7 Pages In the play, A Doll House by Henrik Ibsen, the title itself symbolizes the dependent and degraded role of the wife within traditional marriages. Ibsen portrayed the generous nature root into women by society, as well as the significant action of this nature, and lastly the need for them to find their own voice in a world ruled by men. Ibsen wrote this play in 1879, this is the era where women were obedient to men, tend the children until their husband came home, and stood by the Cult of DomesticityRead MoreA Doll s House By Henrik Ibsen1717 Words   |  7 Pagesâ€Å"A Doll, a Partner, and a Change† Social movement of women liberation toward equal rights and independence has been a big subject in human history. It happens not only in Europe but also all over the world. Though making progress, this movement has been advancing slowly and encountered backslashes from time to time. Maybe there is something deeply hidden which the society has not figured out yet, even women themselves. What do women want, freedom or good life? Most of the time, they are notRead MoreA Doll s House By Henrik Ibsen1291 Words   |  6 Pages A Doll s House by Henrik Ibsen, is a play that has been written to withstand all time. In this play Ibsen highlights the importance of women’s rights. During the time period of the play these rights were neglected. Ibsen depicts the role of the woman was to stay at home, raise the children and attend to her husband during the 19th century. Nora is the woman in A Doll House who plays is portrayed as a victim. Michael Meyers said of Henrik Ibsen s plays: The common denominator in many of IbsenRead MoreA Doll s House By Henrik Ibsen1288 Words   |  6 Pages Henrik Ibsen’s A Doll’s House is based in the Victorian society of the 19th century. It assesses the many struggles and hardships that women faced because of marriage â€Å"laws† that were crucial during that time period. The society was male- dominated with no equality. Nora is the protagonist in A Doll’s House and the wife of a man named Torvald. This play is about Nora’s voyage to recognizing her self- determination and independence. She transforms from a traditional, reserved woman to a new, independentRead MoreA Doll s House By Henrik Ibsen1298 Words   |  6 Pagesâ€Å"There is beauty in truth, even if it s painful. Those who lie, twist life so that it looks tasty to the lazy, brilliant to the ignorant, and powerful to the weak. But lies only strengthen our defects. They don t teach anything, help anything, fix anything or cure anything. Nor do they develop one s character, one s mind, one s heart or one s soul.† (Josà © N. Harris). Nora Helmer’s choice to lie and deceive is inappropriate and wrong for women to do to her husband during this time period; itRead MoreA Doll s House By Henrik Ibsen1037 Words   |  5 PagesHenrik Ibsen s A Doll s House is a work of literature genius. This three-act play involves many literary technics that are undermined by the average reader such as the fact that the plot shows the main characters Torvald and his wife Nora live the perfect life. An ironic paradox based around the fact that Nora and Torvald’s relationship is the complete opposite of perfect. Also, bringing upon a conflict as well, appearance versus reality. These little hidden meanings within stories are what areRead MoreHenrik Ibsen s A Doll House Essay1501 Words   |  7 PagesHenrik Ibsen’s play â€Å"A Doll House† was set in the Victorian era, a time where women were highly respected. Women in this time period did not work, they had nannies to take care of their children and maids to take care of their homes. Many women had no real responsibilities, they spent their time having tea parties and socializing with their friends. Henrik Ibsen dared to show the realism of the Victorian era while everyone else would only focus on the romantic aspect. In the play, â€Å"A Doll House†Read MoreA Doll s House : Henrik Ibsen962 Words   |  4 PagesDrama Analysis A Doll’s House (Henrik Ibsen) And Trifles (Susan Glaspell) In comparing both dramas, the overwhelming aspect of convergence between both is the open discussion of gender identity. Both dramas make similar points about what it means to be a woman. Modern society in both dramas is constructed with men holding power over women. This is seen in Trifles in how men like George Henderson and Mr. Hale are myopic. The premise of the drama is how women worry over trifles, and the dismissiveRead MoreA Doll s House By Henrik Ibsen1421 Words   |  6 PagesIn A Doll’s House, Henrik Ibsen examines conventional roles of men and women in the nineteenth century. In the play, Nora exemplifies the conventional feminine standard during that period. She seems to be powerless and confines herself through high standard expectations, demonstrating what the role of a women would be as a wife and mother. The protagonist of A Doll’s House is a woman named Nora Helmer. Ibsen shows how Nora’s design of perfect life gradually transforms when her sec ret unravels. InRead MoreA Doll s House By Henrik Ibsen876 Words   |  4 PagesA Doll’s House by Henrik Ibsen A Doll’s House takes place in the home of Torvald and Nora Helmer. Through conversation with Nora’s good friend Kristine Linde it is revealed that Mr. Helmer was ill around the same time Nora’s father died. Luckily Nora’s father left her enough money that Torvald and Nora could go on a life saving trip to Italy. But the truth comes out when we find out Nora’s father did not leave her a penny. We find out that Nora got a hold of the money through a loan but she signed

Friday, December 20, 2019

Corporate Finance Notes - 1881 Words

Study notes By Zhipeng Yan Corporate Finance Stephen A. Ross, Randolph W. Westerfield, Jeffrey Jaffe Chapter 1 Introduction to Corporate Finance ..................................................................... 2 Chapter 2 Accounting Statements and Cash Flow.............................................................. 3 Chapter 3 Financial Markets and NPV: First Principles of Finance................................... 6 Chapter 4 Net Present Value............................................................................................... 6 Chapter 5 How to Value Bonds and Stocks........................................................................ 7 Chapter 6 Some Alternative Investment†¦show more content†¦Partnerships are usually inexpensive and easy to form. II. General partners have unlimited liability for all debts. The general partnership is terminated when a general partner dies or withdraws. It is difficult for a partnership to transfer ownership without dissolving. The advantage is the cost of getting started. The disadvantages are: 1) unlimited liability , 2) limited life of the enterprise, and 3) difficulty of transferring ownership. These three disadvantages lead to 4) the difficulty of raising cash. 5. the corporation: limited liability, ease of ownership transfer, and perpetual succession are the major advantages; Disadvantage: government taxes corporate income. 6. agency costs: the cost of resolving the conflicts of interest b/w managers and shareholders are special types of costs. Residual losses are the lost wealth of the shareholders due to divergent behavior of the managers. 7. G. Donaldson concluded that managers are influenced by two basic motivations: I. survival. II. Independence and self-sufficiency: this is the freedom to make decisions without encountering external parties or depending on outside financial markets. The Donaldson interviews suggested that managers do not like to issue new shares of stock. Instead, they like to be able to rely on internally generated cash flow. III. Therefore, the basic financial objec tive of managers: the maximization of corporate wealth. Corporate wealth is that wealth over which management has effectiveShow MoreRelatedNotes for Corporate Finance2082 Words   |  9 PagesCorporate Finance Notes * Chapter One: Introduce to Corporate Finance 1. Three Questions: A. What Long-term asset should be invested? Capital Budgeting B. How to raise cash for capital expenditures? Capital Structure C. How to manage short-term cash flow? Net Working Capital 2. Capital Structure: Marketing Value of Firm = MV of Debt + MV of Equity 3. Finance perspect and Accountant perspect: Finance: Cash Flow ! Accountant: A/R means profit ! 4. Sole proprietorshipRead MoreCorporate Finance Test Notes3814 Words   |  16 PagesFinal Exam Corporate Finance FINC 650 1. Which of the following is not considered a capital component for the purpose of calculating the weighted average cost of capital as it applies to capital budgeting? a. b. c. d. e. Long-term debt. Common stock. Short-term debt used to finance seasonal current assets. Preferred stock. All of the above are considered capital components for WACC and capital budgeting purposes. 2. A company has a capital structure which consists of 50 percent debt and 50 percentRead MoreCorporate Finance Study Notes1863 Words   |  8 PagesSolutions to Chapter 10 Introduction to Risk, Return, and the Opportunity Cost of Capital capital gain + dividend ($44 − $40) + $2 = = 0.15 = 15.0% initial share price $40 1. Rate of return = Dividend yield = dividend/initial share price = $2/$40 = 0.05 = 5% Capital gains yield = capital gain/initial share price = $4/$40 = 0.10 = 10% 2. Dividend yield = $2/$40 = 0.05 = 5% The dividend yield is unaffected; it is based on the initial price, not the final price. Capital gain = $36 – $40Read MoreBrief Introduction Overview of McGraw Hills 9th Edition of Fundamentals of Corporate Finance655 Words   |  3 PagesReview Fundamentals of Corporate Finance – Ross, Westerfield, Jordan McGraw Hill Education (India), 2012, 878 Pp 9th edition ISBN: 13:978-1-25-9027628 Kumar Ratnesh* About Authors Stephen A. Ross is the Franco Modigliant Professor of Finance Economics at the Sloan School of management, Massachusetts Institute of Technology. Randolph W. Westerfield is Dean Emeritus of the University of Southern California’s Marshall school of Business. Bradford D. Jordan is Professor of Finance Holder of the RichardRead MoreNotes On Trade Off Theory738 Words   |  3 PagesTrade-off Theory: Firstly, trade off theory indicates how much debt finance and equity finance that a company should choose (World Finance 2015). To make the appropriate decision, a company is required to balance the costs and benefits of acquiring debt finance and equity finance (Chen and Chen 2015). In addition, the trade ­off theory also indicates the exposure of bankruptcy and agency cost against tax benefits associated with debt financing (McGrawHill EducationRead MoreMy Personal Learning Experience Of Corporate Finance And Investments Module Essay1202 Words   |  5 PagesThe following self-assessment essay will be a brief analysis of my personal learning experience of Corporate Finance and Investments module, and a brief description of my development planning. This essay includes four paths, therefore, I shall explain my motivation of studying particularly this module, my strengths and weaknesses, critical and analytical learning, as well as my future care er expectations. 1.1 Motivation As stated by the business dictionary, ‘’Motivation is leaded by internal andRead MoreRisk Return Analysis1000 Words   |  4 Pages[pic] [pic] Ethan Cromartie Risk Return Analysis BUS 505 Corporate Finance Certificate of Authorship: I certify that I am the author of this paper and that nay assistance received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any source from which data, words, or ideas either quoted directly or paraphrased has been used. I also certify that this paper was prepared by me specifically for this course EthanRead MoreWorking Capital Management in Healthcare Essay1514 Words   |  7 PagesWorking Capital Management in Healthcare Houma Guy. HCS 579 Health Care Finance September 24, 2005 Working Capital Management in Healthcare Working capital is the money required to finance the day to day operations of an organization. Working capital may be required to bridge the gap between buying of stocked items to eventual payment for goods sold on account. Working capital also has to fund the gap when products are on hand but being held in stock. Products in stock are at full cost, effectivelyRead MoreGuillermos Furniture Scenario786 Words   |  4 Pagesthan 800 word paper explaining the finance concepts found in the Guillermo Furniture Store Concepts Paper and relate finance concepts to the context of the scenario. Following Finances Concepts and relationship with scenario assigned. Finance Finances are the studies and addresses the ways in which individuals, businesses, and organizations raise, allocate, and use monetary resources over time, taking into account the risks entailed in their projects. Finance is defined as the set of activitiesRead MoreThe Importance of Financial Reporting980 Words   |  4 Pagesintroduces new areas otherwise would not have been exposed to, for example, potential uses and limitations of Extensible Business Reporting Language (XBRL). It laid solid foundation for the application of financial accounting, financial reporting and corporate governance in the course of my career as well provides a platform to enhance my understanding and competence in areas of financial reporting. This integration paper therefore reflects on the entire module and synthesizes the class activities and

Wednesday, December 11, 2019

Harley-Davidson’s Just-in-Time free essay sample

This case is about the Just-in-Time (JIT) implementation at Harley-Davidson Motor Company. After World War II, they faced  with  competition from Japanese companies, which were able to produce better quality motorcycles at comparatively lower cost. Harley-Davidson found that there were three most important practices of Japanese companies, which differentiated their production process from that of others: JIT manufacturing, employee involvement, and statistical process control. Harley-Davidson adopted those three principles and formulated different strategies to make this move possible and to make its manufacturing processes as efficient as that of its Japanese counterparts. The company finally succeeded in achieving its goals of reducing the cost of production, improving quality, and increasing its market share. With the company again getting into hard times, this case presents how it was trying to focus on â€Å"continuous improvement† in a bid to bring itself back into profits. Question #1: Why has continuous improvement been so successful at Harley Davidson? Continuous improvement is ongoing effort to improve products, services or processes. We will write a custom essay sample on Harley-Davidson’s Just-in-Time or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page These efforts can seek â€Å"incremental† improvement over time or â€Å"breakthrough† improvement all at once. Under continuous improvement, a task or series of tasks were identified as the problem area in the business process, manufacturing operations, and product development where improvement could be made. Harley-Davidson required the active participation and commitment of its employees to help in eliminating unnecessary steps and complexity for the process and to bring more flexibility into the system. Continuous improvement helped the company identify savings opportunities and put those mechanisms into places, also improved the quality standards and the reduced the waste in the forms of cost, time and defects. Therefore with a year, all Harley-Davidson’s manufacturing operations were being converted to JIT: components and sub-assemblies were â€Å"pulled† through the production system in response to final demand. Considering the road ahead, what specific actions can Harley Davidson take that will move them toward their goals? Harley Davidson could keep doing â€Å"continuous improvement. Take a closer look at its operations in a bid to get its cost structure right and manage shipments consistent with the expected slowing of consumer spending. For continuous improvement, its begins with identify the current process and take a vote on which process would most benefit from improvement, then map out the existing process using a project board like A3 report. After fully understand the process, identify areas of opportunity surrounding the mapped process, to do this teams should analyze the current process and scrutinize areas that may be streamlined. Finally, the team will decide on a new process. In order to reduce excess capacity or costs and gain efficiencies, the company has consolidated some of its production facilities, and parts, accessories and general merchandise distribution operations to improve its overall process. The company also made it a high priority to manage supply in line with demand. In addition, the company started restructuring its production process to reduce complexity and create the flexibility to produce multiple product families on the same assembly line every day at the beginning of 2009.

Harley-Davidson’s Just-in-Time free essay sample

This case is about the Just-in-Time (JIT) implementation at Harley-Davidson Motor Company. After World War II, they faced  with  competition from Japanese companies, which were able to produce better quality motorcycles at comparatively lower cost. Harley-Davidson found that there were three most important practices of Japanese companies, which differentiated their production process from that of others: JIT manufacturing, employee involvement, and statistical process control. Harley-Davidson adopted those three principles and formulated different strategies to make this move possible and to make its manufacturing processes as efficient as that of its Japanese counterparts. The company finally succeeded in achieving its goals of reducing the cost of production, improving quality, and increasing its market share. With the company again getting into hard times, this case presents how it was trying to focus on â€Å"continuous improvement† in a bid to bring itself back into profits. Question #1: Why has continuous improvement been so successful at Harley Davidson? Continuous improvement is ongoing effort to improve products, services or processes. We will write a custom essay sample on Harley-Davidson’s Just-in-Time or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page These efforts can seek â€Å"incremental† improvement over time or â€Å"breakthrough† improvement all at once. Under continuous improvement, a task or series of tasks were identified as the problem area in the business process, manufacturing operations, and product development where improvement could be made. Harley-Davidson required the active participation and commitment of its employees to help in eliminating unnecessary steps and complexity for the process and to bring more flexibility into the system. Continuous improvement helped the company identify savings opportunities and put those mechanisms into places, also improved the quality standards and the reduced the waste in the forms of cost, time and defects. Therefore with a year, all Harley-Davidson’s manufacturing operations were being converted to JIT: components and sub-assemblies were â€Å"pulled† through the production system in response to final demand. Considering the road ahead, what specific actions can Harley Davidson take that will move them toward their goals? Harley Davidson could keep doing â€Å"continuous improvement. Take a closer look at its operations in a bid to get its cost structure right and manage shipments consistent with the expected slowing of consumer spending. For continuous improvement, its begins with identify the current process and take a vote on which process would most benefit from improvement, then map out the existing process using a project board like A3 report. After fully understand the process, identify areas of opportunity surrounding the mapped process, to do this teams should analyze the current process and scrutinize areas that may be streamlined. Finally, the team will decide on a new process. In order to reduce excess capacity or costs and gain efficiencies, the company has consolidated some of its production facilities, and parts, accessories and general merchandise distribution operations to improve its overall process. The company also made it a high priority to manage supply in line with demand. In addition, the company started restructuring its production process to reduce complexity and create the flexibility to produce multiple product families on the same assembly line every day at the beginning of 2009.

Wednesday, December 4, 2019

Role of Conflict in Project Management †Free Samples to Students

Question: Discuss about the Role of Conflict in Project Management. Answer: Introduction: Latino Engineering is Australia based standard size company. About three hundred employees are currently employed in this enterprise. The Latino Engineering enterprise is popular in Australia to provide the quality equipment to the equity industry, to the oil and gas industry. They are renowned to develop the best mechanical parts for the machinery industry all across Australia. Dominic Latino, being the founder of this company has earned fame providing high-quality materials to the clients. Thus the clients from all over Australia respect him and appreciate his good work. He decides to retire at the age of sixty-five years and decide to hand over the company to an investor group (Sommer, Dukovska-Popovska and Steger-Jensen 2014). After taking the ownership of the company, the investor group is facing various kinds of issues and thus they are in search of an efficient project methodology that can probably give them the edge by which the enterprise can gain maximum benefits and maximu m productivity. PRINCE2 is the widely accepted methodology and Latino Engineering can get the benefits out of this project methodology (Refer to Appendix A). Latino Engineering starts to decline due to the collapse of the management body primarily. The enterprise basically does not have the correct methodology via which they can prosper their enterprises growth and the market size. The investor group who has taken the responsibility are not expert to handle the management and they are also not used to. That is why they are struggling to keep up the mark over the past one year. The adoption of the PRINCE2 methodology has the potential to tackle the difficult scenarios provoked in the company.Therefore, at first, the management body and the employees must choose an appropriate equipment design model which can cater the maximum profit and the productivity (Verzuh 2015). Latino will have to think about the workers of the employees of the enterprise as well. After the design plan, project tasks must be segregated among the workers or the labourers of the company according to their proficiency. The first phase of PRINCE2 implies that the projec t must be initiated according to the design plan proposed by the clients and the segregation of tasks among the employees as per their proficiency. The second phase represents the proper direction of the project in accordance with the proposal. The manager along with the workers must stay in touch with each other and should communicate with each other to provide the better service to he clients. The tasks must be segregated into multiple subtasks and then each of those subtasks must be accomplished within the set deadline (Nicholas and Steyn 2017). The managers and the labourers of the company must be ready for the consequences if any adversities occur within the enterprise, they must work on the issues and come to the solution and resolve the issues sooner. The first complaint regarding the defect of the equipment can be resolved by the aforesaid initiative. The second complaint that arouses is the improper follow up with the Latino Engineerings clients. The manager must stay in touch with their clients all the time. They must work in a proactive manner and should be responsive all the time. After taking up the task, the partial submission should be submitted to the clients, the clients' feedback is very important that can enhance the communication and the relationship with the clients, the clients can be assured that they are getting the quality service and Latino Engineering is always responsive. This can improve the reputation of the company (Martinelli and Milosevic 2016). The clients demands must be granted and their problems should be given the priority as well. They can probably adopt the cloud technology and the IT services to facilitate the clients more. Again, they must consider the complaints regarding the project. The client may not be happy and satisfied with the product they get, in this case, the manager should take the ch arge and should analyse the complaint and should take the charge within twentyfour hours and should revert back the clients within this twenty-four hours. Latino Engineering must appoint a customer service team in their premises if possible to handle the simple queries that can take off the excess pressure from the managers and for this reason the managers can get time to handle the critical queries (Krysi?ski and Miller 2016). All these queries and the modifications made must be kept documented in digital form and the hard copy. PRINCE2s planning and the monitoring phase implies the clients feedback and also the progress of the project. The planning phase is correlated with the workings of the labour on the basis of the deliverables sent to the clients, the monitoring phase of PRINCE2 is correlated with the feedback coming from the clients and workings as per the clients' demands. The third major issue that gets aroused is the turnaround time for issue resolution. The manager should act responsibly and should revert within twenty-four hours time. The management team of Latino Engineering must reply back the clients within one day of the query raised by the company and that is with full responsibility. The managers and as well as the labourers of the company should act in a proactive manner, they should provide the service in an agile and effective manner (Vardy 2015). The rework sent by the clients must be taken into consideration and should be submitted sooner to the clients.al these modifications done must be documented and should be sent to the clients, this documentation will act as proof and can help them for the future projects. This ensures further that the clients' problems have solved. The PRINCE2 monitoring, planning and initiating phase implies that the third issue can be resolved accurately by PRINCE2 methodology (Svejvig and Andersen 2015). The in itiating phase implies that the initiation of the project as per the deliverables delivered to the clients. The planning phase is associated with the reworks or the fresh works given by the clients. The fourth major issue that has been faced by Latino Engineering and their clients is the non-responsive customer service team. Latino Engineering must embrace the IT services must embrace the cloud technology, this can help them to connect with the clients 24x7 all throughout day and night 24x7. Latino Engineering team must educate the customer service team with the required knowledge so that the clients can be catered with better customer service (Srivannaboon and Munkongsujarit 2016). The management team along with the managers of the company must keep in touch with the customer service team if any critical query arises then the managers must take the charge of the whole. The fifth major issue that arises can be resolved by the courier service team. The courier service they have planned to appoint can be a third party courier service team. The courier service team must be responsible to deliver the best service to the clients and should deliver correct mechanical parts to the corr ect clients. The courier service can even their own selected courier service team. They must take up the responsibility and should deliver the products to the clients within the time set without any delay (Karaman and Kurt 2015). The courier service team before the delivery must prepare a list and based on that they must make the schedule to deliver the products to the clients. In this way, the major issues can be faced and mitigated by the control measures and the control measures along with the continuous improvement plan will be discussed in the later part of the essay. Latino Engineerings clients have suffered a lot due to the delivery of defective engineering equipment manufactured by Latino Engineering (Coppola, D'Ambrogio and Gianni 2016). Latino Engineering does not follow the right strategy and the right path and for this reason, they have failed to meet the demands of the clients. They failed to hand over the best product to the clients. PRINCE2 can assist to provide the best plan, best procedure to start and direct the project. At first, the pricing of the project must be discussed and must be fixed. Then the proposals must be discussed with the clients to understand the project and the related tasks better, then thereafter the proposals must be analysed (Seymour and Hussein 2014). Later Latino Engineering must coney the list of deliverables based on the proposals and the deals made. Latino Engineering must start to work. Once again, Latino Engineering struggles to follow up with the clients. The introduction of PRINCE2 can help to check the issue aroused. The entire project must be segregated into subparts, after that each subpart must be examined, later that subpart must be hand over to the Latino clients company (Alvarez-Dionisi, Turner and Mittra 2016). For this reason, the Latino's clients must be assured that the project is in progress and the progress is fine and ok. Latino Engineering from the other side can be sure that the project can cater them the productivity they want, can cater them the facilities they want. The other issue that they face is related with a deadline. The project and the relevant tasks associated with the project if not completed within the deadline set by the clients, that can be a huge problem and that can seriously affect the reputation of the company (Joslin and Mller 2015). When the partial submission is made and deliver to the clients, the clients are not satisfied with the management team or the management body, so they must appoint an effective customer service team or they should take assistance from the third party customer service team. The customer service team must keep track of the feedbacks and must forward the same to the higher authority or the higher management (Turner and Hartley 2016). The negative feedbacks from the clients' ends must be taken into consideration and the managers must take the decisions accordingly if any critical issue occurs they themselves must handle the difficult situations. The minute issues should be solved by the customer service team, that is why they must have the knowledge of the mechanical parts and the mechanical parts. If any negative feedback occurs within the organization the managers must direct the labourers of the company to take the charge to make the entire rework (Cicmil and Gaggiotti 2017). The employees must reply to the clients that they are working on the rework and they will send the rework sooner. This makes the clients believe that their answer is heard upon. The clients can also be ensured that they have been given the priority and they will get the machinery p roduct within the stipulated deadline (Reynolds 2016). In this way, the reputation of the company can be embellished. The clients of Latino Engineering has also complained that they have got the defective items and the products are not up to the standard. The sendings of defective products can be due to the lack of coordination and communication efforts from Latino Engineering's end. The subtasks must be successfully finished and should be sent to the clients for the feedback or the reviews (Cicmil and Gaggiotti 2017). The reviews from the clients' ends are absolutely necessary as that can let them know that the products on which the employees are working are fine and they are satisfied means that Latino Engineering can continue with their work. The clients if not happy will send the rework and will propose new design and development on which the Latino Engineering employees will have to work upon. Therefore, it is important to track that the reviews coming from the clients and it must be assessed that the review is negative or positive, lesser number of negative reviews signifies that the workers a re working well and the management team can be satisfied and can be assured that they are on the right track and they can gain a lot by the project methodology approach they have taken (Dyb, Dingsyr and Moe 2014). The workforce employed by Latino Engineering must have the required knowledge to solve the queries of the clients. The managers should spread their helping hand in the time of need. The rework proposed by the clients must be performed according to the parameters set by the clients. The rework must be performed and then that should be sent back to the clients. The clients if not satisfied with the rework must query again and the employees responsibly should take action accordingly. The customers' satisfaction must be the area of concern (Basu 2014). The clients will be served until they are happy, in this way by enhancing the clients' shopping experience, Latino Engineering can get the competitive edge they want, this can help them in the long run in conducting business act ivities. The other complaint they receive is the shipment and delivery of wrong items. The clients have asked that they have got the wrong products which are not desirable and acceptable from such a reputed company. Latino Engineering must have the courier facility team which can assist them to ship the accurate products to the accurate clients. They have two options (Arnaut, Ferrari and e Souza 2016). The first option they can take is that they can seek help from the third party courier service facility, they are very much professional, they prepare a list of all the products they are going to ship and deliver, they verify the clients' address and the clients' details. They provide a scheduled deadline and within that deadline, they deliver the product. The clients, on the other hand, received the product and check and sign a document where it is written that they have received the products according to their wish and demands and the product is fine (Hughes et al. 2016). The third party cour ier service is that much professional. Latino Engineering now adopts this facility to solve this risk. They have the alternate option, they can appoint a courier service facility service for themselves too. The appointed courier service facility must be as efficient as the third party courier service. In this way, the whole project procedure can be concluded and along with that, the fifth issue can be resolved. The PRINCE2 methodology has the seven phases and the seven phases can prove fruitful to Latino Engineering and it can facilitate the continuous improvement plan of the company if they follow the methodology properly step by step (Refer to Appendix B). This widely used methodology can help to minimize the threats and the risks occurring within the enterprise. Latino Engineering consists of the phases following which their business operations can get enhanced a lot. The phases of the PRINCE2 model are starting up a project, directing a project, initiation of the project, planning, controlling, monitoring and lastly the closing of the project All these phases must be conducted step by step to achieve the best possible outcome. The starting up the project implies that the project must be started and must be continued as discussed with the clients (Brones et al. 2014). Latino Engineering must focus on building quality equipment for the oil and gas industry, they must focus on manufacturin g equipment for the utility industry, various industries have various kinds of demands and Latino Engineering must work according to their needs. The direction of the project involves that the proposed project undertaking must be segregated into multiple subtasks and after completion of each task, the task must be thoroughly examined and then are conveyed to both the clients and the top level management. If both of them give the green signal Latino Engineering must proceed through (Gonzlez-Marcos et al. 2016). The initiating of the project totally depend on the proposals made, the price fixed for the project and the on the contract made for the project. Based on the contract the deliverables are sent to the clients. If the deliverables get approved the workers must continue to work. Similarly, Latino Engineering must start working on the project based on the deliverables, the deliverables must contain all the details of the equipment needed for the project undertaken. The planning phase implies that the project is fine and the employees should proceed on the same. The successful project execution can be guaranteed if the test of those machinery products are successful and test results get approved by the managers and the clients (Eskerod and Huemann 2013). The controlling phase involves the preparation of a report on everyday workings of the project. The subtasks after being completed must be sent to both clients and the managers, a signoff from them will signify that the project is ok and Latino Engineering employees must proceed. The feedback is an important aspect of any industry and for any organization. It helps to know whether an organization is effectively working or not, it helps to know whether the clients are happy with the service or not, it also helps to know in which area they should improve. This Latino Engineering can be benefitted from the reviews and comments of the clients. The negative feedback must be considered and should work on as per clients demands to satisfy the clients and can retain the clients (Francis 2015). Thus PRINCE2 can prove to be effective for them to run their business. The closing phase implies that the project has been done in time with efficiency and the clients are happy with the project. The product has passed the test and is ready. It can be concluded from the above discourse that PRINCE2 via those seven phases can bring in a positive outcome for Latino Engineering. The major issues and the complains that have been addressed can be significantly minimized by the seven approach model. The issues that have been showcased in the essay are the manufacturing of defective parts or the manufacturing of products which do not impress the clients and they have rejected the product. This has occurred due to poor strategy or the negligence of the top level management. Again, the lack of communication with the clients is the serious issue which has been highlighted in the essay. The managers should keep in touch with the clients and always help them at any kind of queries or help, but they seemed to be non-responsive and the clients feel they have been neglected, Similarly, the customer service team failed miserably to keep up with the clients' requests. The delivery of the wrong products signifies the utter failure of the courier service as a whole. PRINCE2 adaptation can bring good to the company and Latino Engineering can regain the trust of the clients. The various aspects, as well as the benefits, have been showcased in the essay. References Alvarez-Dionisi, L.E., Turner, R. and Mittra, M., 2016. Global project management trends.International Journal of Information Technology Project Management (IJITPM),7(3), pp.54-73. Arnaut, B.M., Ferrari, D.B. and e Souza, M.L.D.O., 2016, October. A requirements engineering and management process in concept phase of complex systems. InSystems Engineering (ISSE), 2016 IEEE International Symposium on(pp. 1-6). IEEE. Basu, R., 2014. Managing quality in projects: An empirical study.International journal of project management,32(1), pp.178-187. Brones, F., de Carvalho, M.M. and de Senzi Zancul, E., 2014. Ecodesign in project management: a missing link for the integration of sustainability in product development?.Journal of Cleaner Production,80, pp.106-118. Cicmil, S. and Gaggiotti, H., 2017. Responsible forms of project management education: Theoretical plurality and reflective pedagogies.International Journal of Project Management. Coppola, D., D'Ambrogio, A. and Gianni, D., 2016. Bringing Model-based Systems Engineering Capabilities to Project Management: an Application to PRINCE2. InCIISE(pp. 6-15). Dyb, T., Dingsyr, T. and Moe, N.B., 2014. Agile project management. InSoftware project management in a changing world(pp. 277-300). Springer Berlin Heidelberg. Eskerod, P. and Huemann, M., 2013. Sustainable development and project stakeholder management: what standards say.International Journal of Managing Projects in Business,6(1), pp.36-50. Francis, L., 2015.The Influence of Project Management Office on Information Technology Project Success Case of National Microfinance Bank Plc(Doctoral dissertation, The Open University Of Tanzania). Gonzlez-Marcos, A., Alba-Elas, F., Navaridas-Nalda, F. and Ordieres-Mer, J., 2016. Student evaluation of a virtual experience for project management learning: An empirical study for learning improvement.Computers Education,102, pp.172-187. Hughes, D.L., Dwivedi, Y.K., Simintiras, A.C. and Rana, N.P., 2016. Project Management Processes and Practice. InSuccess and Failure of IS/IT Projects(pp. 45-55). Springer International Publishing. Joslin, R. and Mller, R., 2015. Relationships between a project management methodology and project success in different project governance contexts.International Journal of Project Management,33(6), pp.1377-1392. Karaman, E. and Kurt, M., 2015. Comparison of project management methodologies: prince 2 versus PMBOK for it projects.Int. Journal of Applied Sciences and Engineering Research,4(5), pp.657-664. Krysi?ski, M. and Miller, P., 2016. The Role of Conflict in Project Management in the PRINCE2 Methodology.Ekonomika i Organizacja Przedsi?biorstwa, (6), pp.3-12. Martinelli, R.J. and Milosevic, D.Z., 2016.Project management toolbox: tools and techniques for the practicing project manager. John Wiley Sons. Nicholas, J.M. and Steyn, H., 2017.Project management for engineering, business and technology. Taylor Francis. Reynolds, D., 2016. Are Project Managers Getting Better?.ITNOW,58(4), pp.10-11. Seymour, T. and Hussein, S., 2014. The history of project management.International Journal of Management Information Systems (Online),18(4), p.233. Sommer, A.F., Dukovska-Popovska, I. and Steger-Jensen, K., 2014. Barriers towards integrated product developmentChallenges from a holistic project management perspective.International Journal of Project Management,32(6), pp.970-982. Srivannaboon, S. and Munkongsujarit, S., 2016, September. Project management and project portfolio management in open innovation: Literature review. InManagement of Engineering and Technology (PICMET), 2016 Portland International Conference on(pp. 2002-2007). IEEE. Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature review with a critical look at the brave new world.International Journal of Project Management,33(2), pp.278-290. Turner, N. and Hartley, P., 2016. Managing and leading projects and project teams.Advancing Practice in Academic Development, p.225. Vardy, A., 2015. Prince2 Project Management For Beginners: The Ultimate Beginners Crash Course To Learn Prince2 Project Management Quickly And Easily. Verzuh, E., 2015.The fast forward MBA in project management. John Wiley Sons.

Thursday, November 28, 2019

30 English Words Borrowed from Dutch

30 English Words Borrowed from Dutch 30 English Words Borrowed from Dutch 30 English Words Borrowed from Dutch By Mark Nichol During much of the 1600s, the Netherlands was a world power, especially at sea, and this influence contributed to the English language in the form of borrowings from Dutch into English of various nautically and aquatically themed words. Here’s a list of many of these terms (a few of which were adopted from, or may derive from cognates in, other languages) and their definitions and their Dutch origins. 1. avast (â€Å"stop†): from hou vast, meaning â€Å"hold fast† 2. bow (â€Å"front of a ship†): from boeg (or from Old German or Old Norse) 3. brackish (â€Å"salty†): from brac (or a Low German cognate), meaning â€Å"salty† 4. buoy (â€Å"marker† or, as a verb, â€Å"mark with a buoy† or â€Å"keep afloat†): from buoy, ultimately from the Latin word boia, meaning â€Å"shackle† 5. caboose (â€Å"the last car on a freight train, used for the accommodation for the train’s crew†): from kabuis or kombuis, meaning â€Å"galley,† or â€Å"ship’s kitchen† 6. commodore (â€Å"senior captain† or â€Å"naval officer above a captain in rank†): probably from kommandeur, ultimately from the Old French word comandeor, meaning â€Å"commander† 7. cruiser (â€Å"warship larger than a destroyer but smaller than a battleship,† or â€Å"pleasure motorboat†): from kruisen (related to kruis, meaning â€Å"cross†), meaning â€Å"sail across or go through† 8. deck (â€Å"any of various floors of a ship†): from dek, meaning â€Å"covering† 9. dock (â€Å"mooring structure for vessels† or, as a verb â€Å"tie up at a dock†): from docke, meaning â€Å"pier† 10. dredge (â€Å"riverbed or seabed scoop† or, as a verb, â€Å"drag† or â€Å"scoop†): perhaps based on dregghe, meaning â€Å"dragnet† 11. freebooter (â€Å"pirate†): from vrijbuiter, meaning â€Å"robber†; the second half of the word is related to booty, also derived from Dutch 12. freight (â€Å"shipped goods† or, as a verb, â€Å"ship goods†): from a word variously spelled fraght, vracht, and vrecht and meaning â€Å"water transport†; the Dutch word is also the source of fraught, meaning â€Å"heavy† or â€Å"weighed down† 13. filibuster (â€Å"obstructive act† or, as a verb, â€Å"obstruct†): from vrijbuiter by way of the Spanish word filibuster (see freebooter above), which in turn comes from the French word flibustier 14. hoist (â€Å"lift† as a noun or a verb): from hijsen 15. jib (â€Å"spar†): from gijben, meaning â€Å"boom† 16. keel (â€Å"spine or structure projecting from a hull†): from kiel 17. keelhaul (â€Å"punish by dragging over the keel†): from kielhalen, meaning â€Å"keel hauling† 18. kill (â€Å"riverbed†): from kil 19. maelstrom (â€Å"whirlpool† or, by extension, â€Å"confused situation†): from maalstroom, meaning â€Å"grinding current† or â€Å"strong current† (the second element of the word is cognate with stream); possibly based on an Old Norse word 20. morass (â€Å"boggy or muddy ground† or, by extension, â€Å"complicated or confused situation†): from marasch, meaning â€Å"swamp,† partly based on the Old French word marais, meaning â€Å"marsh† 21. plug (â€Å"stopper† or, as a verb, â€Å"stop (a hole)†): from plugge, meaning â€Å"stopper† 22. school (â€Å"large group of fish,† unrelated to the term for an educational institution): from schole 23. scow (â€Å"small, wide sailboat† or â€Å"flat-bottomed boat†): from schouw 24. shoal (â€Å"large group of fish†; unrelated to the same word meaning â€Å"area of shallow water†): cognate with schole 25. skipper (â€Å"captain of a ship†): from schipper, meaning â€Å"someone who ships† 26. sloop (â€Å"sailboat,† either a small modern boat or a specific type of warship): from sloep, either ultimately from slupen, meaning â€Å"to glide,† or from the Old French term chalupe 27. smack (â€Å"small sailboat†): possibly from smak, meaning â€Å"sailboat,† perhaps from the sound made by flapping sails 28. smuggler (â€Å"illegal trader†): smokkelen or the Low German word smukkelen, meaning â€Å"transport (goods) illegally†) 29. stockfish (â€Å"cod or similar fish prepared by drying†): from stokvis, meaning â€Å"stick fish† 30. yacht (â€Å"small, light pirate-hunting naval vessel† or â€Å"pleasure motorboat or sailboat†): from jacht, meaning â€Å"hunt† and short for jachtschip Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:20 Words with More Than One SpellingItalicizing Foreign WordsForming the Comparative of One-syllable Adjectives

Sunday, November 24, 2019

Biography of Garrett Morgan, Inventor of the Gas Mask

Biography of Garrett Morgan, Inventor of the Gas Mask Garrett Morgan (March 4, 1877–July 27, 1963) was an inventor and businessman from Cleveland who is best known for inventing a device called the Morgan Safety Hood and Smoke Protector in 1914. The invention was later dubbed the gas mask. Fast Facts: Garrett Morgan Known For: Invention of safety hood (early gas mask) and mechanical traffic signalBorn: March 4, 1877 in Claysville,  KentuckyParents: Sydney Morgan, Elizabeth ReedDied: July 27, 1963 in Cleveland,  OhioEducation: Up to sixth gradePublished Works:  The  Cleveland Call, a weekly African American newspaper that he established in 1916, which became the  still-published Cleveland Call and Post in 1929Awards and Honors:  Recognized at the Emancipation Centennial Celebration in  Chicago, Illinois, in August 1963; schools and streets named in his honor; included in the 2002 book,  100 Greatest African Americans  by  Molefi Kete Asante; honorary member of  Alpha Phi Alpha  fraternitySpouse(s): Madge Nelson, Mary HasekChildren: John P. Morgan, Garrett A. Morgan, Jr., and Cosmo H. MorganNotable Quote: â€Å"If you can be the best, then why not try to be the best?†Ã‚   Early Life The son of former slaves, Garrett Augustus Morgan was born in Claysville, Kentucky, on March 4, 1877. His mother was half-Native American and half-white (her father was a white minister named  Rev.  Garrett  Reed), and his father was half-white, the son of the Confederate Colonel John Hunt Morgan, who led Morgans Raiders in the Civil War. Garrett was the seventh of 11 children, and his early childhood was spent attending school and working on the family farm with his brothers and sisters. While still a teenager, he left Kentucky and moved north to Cincinnati, Ohio, in search of opportunities. Although Morgans formal education never took him beyond elementary school, he worked to give himself an education, hiring a tutor while living in Cincinnati and continuing his studies in English grammar. In 1895, Morgan moved to Cleveland, Ohio, where he went to work as a sewing machine repairman for a clothing manufacturer, teaching himself as much as he could about sewing machinery and experimenting with the process. Word of his experiments and his proficiency for fixing things traveled fast and he worked for numerous manufacturing firms in the Cleveland area. In 1907, the inventor opened his sewing equipment and repair shop. It was the first of several businesses he would establish. In 1909, he expanded the enterprise to include a tailoring shop that employed 32 people. The new company turned out coats, suits, and dresses, all sewn with equipment that Morgan himself had made. Marriage and Family Morgan married twice, first to Madge Nelson in 1896; they were divorced in 1898. In 1908 he married Mary Anna Hasek, a seamstress from Bohemia: it was one of the earliest interracial marriages in Cleveland. They had three children, John P., Garrett A., Jr., and Cosmo H. Morgan. The Safety Hood (Early Gas Mask) In 1914, Morgan was awarded two patents for the invention of an early gas mask, the Safety Hood and Smoke Protector. He manufactured the mask and sold it nationally and internationally through the National Safety Device Company, or Nadsco, using a marketing strategy to avoid Jim Crow discrimination- what historian Lisa Cook calls anonymity by dissociation. At the time, entrepreneurs sold their inventions by conducting live demonstrations. Morgan appeared in these events to the general public, with municipal fire departments and city officials representing himself as his own assistant- a Native American man called Big Chief Mason. In the south, Morgan hired whites, sometimes public safety professionals, to stage demonstrations for him. His newspaper advertisements featured smartly dressed white male models. The gas mask proved very popular: New York City quickly adopted the mask, and eventually 500 cities followed suit. In 1916, a refined model of Morgans gas mask was awarded a gold medal at the International Exposition of Sanitation and Safety and another gold medal from the International Association of Fire Chiefs. The Lake Erie Crib Disaster On July 25, 1916, Morgan made national news for using his gas mask to rescue men trapped during an explosion in an underground tunnel located 250 feet beneath Lake Erie. No one had been able to reach the men, 11 of them had died as had 10 others attempting to rescue them. Called in the middle of the night six hours after the incident, Morgan and a team of volunteers donned the new gas masks and brought two workers out alive and recovered the bodies of 17 others. He personally gave artificial respiration to one of the men he rescued. Afterward, Morgans company received many additional requests from fire departments around the country that wished to purchase the new masks. However, the national news contained photographs of him, and officials in a number of southern cities canceled their existing orders when they discovered he was black. In 1917, the Carnegie Hero Fund Commission reviewed the reports of heroism displayed during the disaster. Based on news reports that downplayed Morgans role, the Carnegie board decided to give the prestigious Hero award to a minor figure in the rescue effort who was white, rather than to Morgan. Morgan protested, but the Carnegie Institution said he hadnt risked as much as the other person had because he had safety equipment. Some reports say the Morgan gas mask was modified and used in World War I after the Germans unleashed chemical warfare at Ypres on April 22, 1915, although theres no strong evidence for it. Despite Morgans popularity in the United States, there were dozens of other masks on the market by then, and most used in WWI were of English or French manufacture. The Morgan Traffic Signal In 1920, Morgan moved into the newspaper business when he established the Cleveland Call. As the years went on, he became a prosperous and widely respected businessman and was able to purchase a home and an automobile, invented by Henry Ford in 1903. In fact, Morgan was the first African-American to purchase an automobile in Cleveland, and it was Morgans experience while driving along the streets of that city that inspired him to invent an improvement to traffic signals. After witnessing a collision between an automobile and a horse-drawn carriage, Morgan took his turn at inventing a traffic signal. While other inventors had experimented with, marketed, and even patented traffic signals, Morgan was one of the first to apply for and acquire a U.S. patent for an inexpensive way to produce a traffic signal. The patent was granted on November 20, 1923. Morgan also had his invention patented in Great Britain and Canada. Morgan stated in his patent for the traffic signal: This invention relates to traffic signals, and particularly to those which are adapted to be positioned adjacent the intersection of two or more streets and are manually operable for directing the flow of traffic...In addition, my invention contemplates the provision of a signal which may be readily and cheaply manufactured. The Morgan traffic signal was a T-shaped pole unit that featured three positions: Stop, Go and an all-directional stop position. This third position halted traffic in all directions to allow pedestrians to cross streets more safely. Morgans hand-cranked semaphore traffic management device was in use throughout North America until all manual traffic signals were replaced by the automatic red, yellow  and green-light traffic signals currently used around the world. The inventor sold the rights to his traffic signal to the General Electric Corporation for $40,000. Other Inventions Throughout his life, Morgan was always experimenting to develop new concepts. Though the traffic signal came at the height of his career and became one of his most famous inventions, it was just one of several innovations he developed, manufactured, and sold over the years. Morgan invented a zig-zag stitching attachment for ​the  manually operated sewing machine. He also founded a company that made personal grooming products  such as hair dying ointments and the curved-tooth pressing comb. As word of Morgans life-saving inventions spread across North America and England, demand for these products grew. He was frequently invited to conventions and public exhibitions to demonstrate how his inventions worked. Death Along with many others, Morgan lost most of his wealth with the stock market crash, but it didnt stop his inventive nature. He developed glaucoma, but at the time of his death he was still working on a new invention: a  self-extinguishing  cigarette. Morgan died on August 27, 1963, at the age of 86. His life was long and full, and his creative energies were recognized both during and after his lifetime. Legacy Morgans inventions have had a tremendous impact on the safety and well-being of people all over the world- from miners to soldiers to first responders to ordinary car owners and pedestrians. Another ongoing legacy is his weekly newspaper, originally named the  Cleveland Call and now called the  Cleveland Call and Post. His achievements as a son of slaves, against all odds and in the face of Jim Crow era discrimination, are inspiring. Case Western University awarded him an honorary degree, and his papers are stored there.   Sources Asante, Molefi Kete (2002),  100 Greatest African Americans: A Biographical Encyclopedia. Amherst, New York: Prometheus Books.  ISBN  1 of Garrett Morgan. The Business History Review 86.2 (2012): 211–34. Print.Evans, Harold, Gail Buckland, and David Lefer. Garrett Augustus Morgan (1877–1963): He came to the rescue with his gas mask. They Made America: From the Steam Engine to the Search Engine: Two Centuries of Innovators. New York City: Little Brown, 2004.  Garner, Carla. â€Å"Garrett A., Sr. Morgan (1877-1963) BlackPast.†Ã‚  BlackPast, 29 Jan. 2019.King, William M. Guardian of the Public Safety: Garrett A. Morgan and the Lake Erie Crib Disaster. The Journal of Negro History 70.1/2 (1985): 1–13. Print.PBS, Garrett Augustus Morgan. Public Broadcasting Service.Smart, Jeffrey K. History of the Army Protective Mask. Natick, Massachusetts: NBC Defense Systems: Army Soldier and Biological Chemical Command, 1999. Print.

Thursday, November 21, 2019

8 keys Research Paper Example | Topics and Well Written Essays - 500 words

8 keys - Research Paper Example The arrow pointing upwards represents the market direction while the horizontal arrow is the product. The company needs to make development strategies by using the internet and targeting geographic markets and customer segments that are new. The company can enhance its service delivery by recruiting more skilled personnel and trying to work on reducing the process of their products slightly in order to ensure that it attracts more customers into their products. The management can also think about incentives that are attractive to loyal customers and make proper product promotion. The company can also decide to reduce or cut out some intermediaries in the chain of supply in order to ensure that the structure of their business is conducive and in line with the market place. However, they can also weigh and see if they can consider reintermediation to enhance the chain of supply of their products in some areas. I would suggest that the company decides on countermediation to have a position of enhancing their operation when it comes to e-business. The company has to come up with a mechanism of ensuring that knowledge sharing systems are installed in their appropriate positions and are functioning at all times. Internet connected computers, phones and bells must be installed at every desk and room where operation takes place. Employees must also work according to their qualifications and areas of expertise to ensure that there is free flow of relevant information and perfect instruction following. The management of the company plans for staff meetings three times in a week or any other time that need arises. It is significant to deduce a way of emphasizing the company’s strengths and ensuring that weaknesses are minimized in order to ensure that there is a future in the flow of the entire system. For instance, the company needs to maintain the quality of its products, keep on motivating its workers and staff for