Evaluating Functions With Graphs

Business Plan For A Business - 2550 Words

Activities 1. Review current menu in terms of business focus 2. Get staff feedback 3. Get customer feedback 4. Point out restaurant goals and business 5. Write menu redesigning proposal 6. Get restaurant owners approval 7. Initiate stake holder support 8. Get stake holders approval and contribution 9. Redesign new menu 10. Trail with restaurant stake holders 11. Modify the trail menu 12. Mass print the modified RESOURCES 1. Restaurant business plan, current menu, current and historical sales report. 2. Staff survey form relating to customer service 3. Customer survey form relating to staff service 4. Restaurant business form financial budget 5. Microsoft word power point and excel 6. Completed menu redesigning proposal 7. Noticeboard†¦show more content†¦Budget level START DATE END DATE 03/06/2014 13/06/2014 11/06/2014 13/06/2014 09/06/2014 12/06/2014 02/07/2014 16/07/2014 02/05/2014 11/5/2014 18/07/2014 31/7/2014 22/07/2014 30/07/2014 02/08/2014 16/08/2014 18/08/2014 30/08/2014 02/09/2014 16/09/2014 18/09/2014 31/09/2014 02/10/2014 10/10/2014 The project stakeholders: -Restaurant manager -Restaurant director -Restaurant directors -Restaurant suppliers -Restaurant staffs -Accountants -A TO -Printing organization -Restaurant clients Establishing appropriate systems: All levels of restaurant staffs are inspired and launched to give their inputs also proposals to plan the new menu to draw in and hold more clients presently and later on. They include: . Support: attorneys, gourmet expert, sous culinary specialist are all spurred to give their assessments as far as the appearance, cancellation and expansion of new things on the current menu, they have given numerous inventive and innovative thoughts for the commitment of new menu. . Business Plan For A Business - 2550 Words Activities 1. Review current menu in terms of business focus 2. Get staff feedback 3. Get customer feedback 4. Point out restaurant goals and business 5. Write menu redesigning proposal 6. Get restaurant owners approval 7. Initiate stake holder support 8. Get stake holders approval and contribution 9. Redesign new menu 10. Trail with restaurant stake holders 11. Modify the trail menu 12. Mass print the modified RESOURCES 1. Restaurant business plan, current menu, current and historical sales report. 2. Staff survey form relating to customer service 3. Customer survey form relating to staff service 4. Restaurant business form financial budget 5. Microsoft word power point and excel 6. Completed menu redesigning proposal 7. Noticeboard email and internet 8. Noticeboard internet intranet survey forms 9. Microsoft, word excel and power point software’s 10. Newly designed menu 11. Newly designed stake holder opinion 12. modified COMPLAINCE 1. Meet with company profit margins 2. Simply standard answers to choose from time saving 3. Simplified standard answers to timing saving 4. Ensure business UST and taxation. 5. Includes benefits of current and future menus cost benefit analaysis 6. Included project frame and budget level 7. Set a deadline for final conformation and support approval 8. Set a deadline for final comments and collection 9. Comply with organisation business development 10. Loyal customers and other stake holders 11. Comply with budget level organisationShow MoreRelatedBusiness Plan For A Business1223 Words   |  5 Pagesyour own business is to prepare a business plan. A business plan is a written document describing your business future. It tells potential investors and customers what your goals are for the company and how you plan to achieve that. You will need to define your business, products and services, operating procedures and the route your company intends to take to achieve the goals that are set forth. This information summarizes the sense of your business in a single document. Business plans are inherentlyRead MoreBusiness Plan For A Business998 Words   |  4 PagesIntroduction Prior to initiating a business, it is necessary for the management and the people involved to make sure that a proper business plan is set out in order to understand the needs of the business. In addition to this, it should also be made sure that the market is properly analysed and all the competitors are studied before taking any step related to the new business. Every business has different needs and is initiated in a different scenario. The business plan under evaluation in this paperRead MoreBusiness Plan For A Business1276 Words   |  6 PagesA business plan is sometimes ignored by some people, but I think it is important to develop a good business plan. I think this should be an interesting topic to discuss about. Yesterday, I receive a phone call from a new client asking for help to build a business plan for his new business. My role in this part as a business consultant is to not blindly do the work for my client but asking them questions to generate information about his i deas, and level of involvement to better help him build hisRead MoreBusiness Plan For A Business840 Words   |  4 Pagesâ€Å"Business plans are statement of a business goals, reason they are attainable and plans on meeting it’ (FoxBuisness, 2013). A business plan maps the course and gives a detail plan on how these goals are achievable. It is also important to establish a solid business plan for funding. 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A business plan not only lends your business a sense of credibility, but also helps you to cover all your bases, increasing your chances of success. Although writing a business plan can be a lengthy, intimidating project, it is not necessarily difficult. Here is an overview of how to write a successful business plan. What to Include in Your Business Plan Your businessRead MoreBusiness Plan For A Business1546 Words   |  7 Pagesenterprise, especially a business, usually with considerable initiative or risk†. They are usually characterized as people with greatly valued self-reliance, with high optimism and people who who strive for distinction through excellence. I am interested in starting my own basketball business and becoming an entrepreneur. In order to start a business I need a business plan. From research, I have learned that my business plan needs to have an executive summary, identification of my business, financial recordsRead MoreBusiness Plan For A Business1221 Words   |  5 PagesBusiness plans are documents used for planning out specific details about your business. They can range in size from a simple few sentences to more than 100 pages with formal sections, a table of contents and a title page. According to Entrepreneur Magazine, typical business plans average 15 to 20 pages. Comprehensive business plans ha ve three sections business concept, marketplace and financial and these are broken down into seven components that include the overview or summary of the plan, a descriptionRead MoreBusiness Plan For A Business2550 Words   |  11 PagesActivities 1. Review current menu in terms of business focus 2. Get staff feedback 3. Get customer feedback 4. Point out restaurant goals and business 5. Write menu redesigning proposal 6. Get restaurant owners approval 7. Initiate stake holder support 8. Get stake holders approval and contribution 9. Redesign new menu 10. Trail with restaurant stake holders 11. Modify the trail menu 12. Mass print the modified RESOURCES 1. Restaurant business plan, current menu, current and historical sales reportRead MoreBusiness Plan For A Business1866 Words   |  8 Pages Business Plan Buiness model in theory and practice according to Wikipedia is used for a broad range of informal and forma l descriptions to represent the core aspects of a business, including the purposes of that business, its process, target customers, of ferings, strategies , infrastructure, organizational structures, trading practice, and operational processes and policies . Below, we would look at two kinds of business model (franchise and tradition al business) , their pros and cons, o r their

Case Study of Corporate Finance Largest Company

Question: Describe about the Case Study of Corporate Finance for Largest Company. Answer: BHP Billiton Limited BHP Billiton, a multinational by nature, is also Australias one of the largest company and it can also be said that BHP Billiton is the worlds largest among the mining companies in relation to its profit generation and value wise. Its global headquarters are in Melbourne, Australia. The company was incorporated in 2001 by the process of merger of two companies Anglo-Dutch Billiton plc and Australian Broken Hill Propriety Company Limited or BHP. The company was listed on various important stock exchanges of the world like Australian Securities Exchange (ASX), London Stock Exchange (FTSE) for BHP Billiton plc. It is also listed with Japan Stock Exchange, New York Stock Exchange for both BHP Billiton Ltd and BHP Billiton Plc (Bhpbilliton, 2016). The businesses spread over 25 different countries and 30 locations with varied interests and almost 42,000 employees are there. The business visa-vis countries or locations are as-- North America USAOil Gas (3 sites), Coal. CanadaPotash Potash headquarters. South America ChileCopper (2 Sites) Copper Headquarters. ColombiaCoal, Nickel. PeruCopper. BrazilIron ore. TrinidadOil Gas. Europe LondonCorporate Office. K.Oil Gas. Africa AlgeriaOil Gas. South AfricaFerro Alloys Steel, Titanium, Aluminium Smelters. MozambiqueAluminium Smelters. Asia SingaporeMarketing Headquarters. MalaysiaGlobal Processing CentreCorporate Office. PakistanOil Gas The companys growth is still in the line as expected in the areas of Copper, Oil Gas, and Iron Ore. But the disaster at the Brazil operations has placed the company in a very tight situation. The Brazil disaster got politically framed and legal entangles have made the company bit sluggish there (Yeomans, 2016). The Standards and Poor downgraded the BHP credit to A from A+ due to Brazil disaster. The weakness due to Brazil disaster is shown up in the share prices also which had fallen substantially. The accurate role of the CFO is to present accurate and timely financial information to the management and to the stakeholders. The role of the managers are not limited, on the basis of the report the future course of action will be acknowledged. The controlling and the management of creditors, employees and other stakeholders are the primary responsibility (BHP Billiton, 2016). The treasury duty of the management is to ensure that he will decide about the probable option available to the company regarding investment and the investment opportunities. The consideration of liquidity and timeliness is the main area of the treasury responsibility. Financial Management and CFOs Role The Finances of any business needs to be managed in a very professional manner so that the financial health of the company is well lived and profit generation and working capital employed and its assets are used in a very professional and systematic manner. The process depends and varies from company to company and its size and type. The basics of all finance are to have accounting and auditing to know the exact financial position of the business and its growth plan and progress. To do this in better manner bigger companies employ very high knowledgeable and qualified and experienced professional accountants to manage the finances of the company with great caution and care. Such accountants may Chartered Accountants, may be MBAFinance, Cost and Management Accountant and so on as it all depends on the choice of the management concerned and business type where what type of person is required. The main motto is to create e better safeguarding policy for financial management and fund allocation (Investopedia Staff, 2016). The position thus calls CFO or Chief Financial Officer. The main duties of the CFO are of different types although financial management are the main area. In the perspective of BHP Billiton Limited CFOs role should as stated below. The CFOs are mainly responsible for the past and future financial situation of the company. The most efficient and the effective policy of the company are to ensure economic forecasting and modelling and the responsibility rests on the CFO regarding policy making. The role of CFO is complex one and the occasionally it is seen that CFOs need to scratch surface to get the thinks done and or put them in order (Managementhelp, 2016). The other responsibilities of CEO include planning, operation, financial information and risk management (Accountingtools, 2016). Planning and that part comprises of following; The planning for the future direction of the company The financial and the tax strategies are to be developed The capital requirement and the budgeting factors is also part of planning The development of the performance measure of the company Operations include; The participation in the decision making body including shareholders meeting Management of third party transactions Oversee the international business and operations Oversee the employee benefit plan and the operational benefit plan (TRAMMELL, 2014). Companys performance and Liabilities including Cash flow for BHP Billiton The Cash or fund flow management is the most important element to prepare a forecast planning and budgeting without which any big operations cannot perform in the best possible manner. Thus fund flow will help to make proper allocation of the fund available and also to arrange and rearrange of fresh funds from different sources available and to create new sources for more funds so that at any given point of time this new source can be used to make new financial acquisitions or to handle exigencies which are unforeseen (Anderson, 2016). The Liabilities are also risky areas to be handled in such a manner that it does not become a burden on the company at any point of time and also due this the profit will be affected. The legal, taxation part including statutory compliances is the area where unforeseen things can take place hence a policy must be formulated to guard such areas. The main operation of the company is concentrated for five types of areas of interests. They areCoal, Potash, Petroleum, Copper, and Iron Ore (BHP Billiton, 2016). The growth is in the fields of Coal by producing almost 45 Metric tonne in 2015.The oil extraction generated almost 260 million barrels of oil and almost 1.9 million tonnes of copper, and as well 238 metric tonne of iron ore. Financial Relationships, Capital Sourcing, Department management: The CFO is responsible to maintain a departmental control on all its members and employees so that the functional part is at par as policy guidelines stated. The objective of the control should be to see that every one responsible for their job is doing so in right manner and also in time so that any financial data or report required by the Board or the higher management can be easily met and achieved to show that the departments are doing right jobs. All such departments should also be subject to regular audits both internally and externally to find any mistakes are lying anywhere which is not visible but can be located on audit. The CFO is responsible to arrange this audit and preparation of various reports and financial statements for auditors and the management to take vital decisions (Agrawal et al., 2016). The CFO needs to have a good relation with all suppliers, debtors, creditors, bankers, Auditors and shareholders so that all these stakeholders have full faith in the business and its Board and management. Hence the CFO is the bridge actor between the Board higher management and all other stakeholders as well as all other employees of different departments related to finance, accounts, taxation, statutory compliances or government liaison, purchase, sales, marketing, advertising and publicity, budgeting and forecasting, production, packaging, logistics, distribution and most important the inventory or stock department (BIERY, 2015). CFO is the only person needs to in contact with all departmental heads so that actual fund requirement by each and every department is placed into the budgeting and forecasting and planning can be made to arrange for more funds. Banks and lenders are to be placed in confidence of CFO to get more funds easily and to make banks agree to allow more overdrafts for emergency fund requirement as well from the debtors (Investopedia Staff, 2016). Profit Margin Enhancement The profit is the most important of all things people think about a business. It is the primary duty of the CFO is to increase the margin of profit. For this he needs to introspect all areas of functioning and report to management where he sees risk is there and company will be at loss by taking such risks. He also highlights the grey areas where immediate rectifications are required to save company from losses from any particular operations. For this CFO needs to study each and every cost centre reports on weekly, fortnightly , monthly, quarterly, half yearly and yearly basis very seriously and also make variance analysis on such reports (BHP Billiton, 2016). B: Efficient-market hypothesis It is a well known debate among the investors whether the market is efficient and it reflects all the information made available to the participants of the market. According to the theory efficient market hypothesis (EMH) all stocks are perfectly priced because of inherent investment properties and the information available to all market participants. At the first glance several flaws to the concept or the theory can be found. The efficient market hypothesis perceives all available information in the same manner. There are numerous methods and values that are used to valuing the stocks. One investor generally looks for undervalued market opportunities and another looks for the valuation of the stocks on the basis of growth. At the same point of time two different investor values stocks at different fair market value (Team, 2016). According to the other assessment no single investor can attain greater profitability compared to the other investor who has invested in the same fund. According to EMH both investors will gain identical return out of two stocks. According to EMH no single investor has clear advantage over another and there would be no change of return. According to the third assessment of market, EMH observes that no investor ever be able to beat the market and average annual return would be achieved by the investors and by the funds. There are several examples of the investors who have constantly beaten the market. Therefore the EMH theory is not all correct to reflect the human wisdom and intellect (Bergen, 2016). There are some of the evidences which somewhat supports the theory. It is quite common occurrence in the market is negative news. It happens that native news is not followed by the drop of prices but a no correction and it is followed by the surge in price. All investors start saying that market already priced in or discounted the bad news. If EMH is considered essentially to be correct, the no investors can beat the market. Investors performance does not always follow the hypothesis. This is a theory that has some relevance to the operation of the market. The intuition of human mind and the efficiency of humans are not the same, the pricing strategy adopted by the investors and the fund managers are not same. The interpretation of publically available information is also not the same. Unless the theory acknowledges human intelligence, where it is used the most cannot be correct 100% (Maverick, 2015). Most of the economists describe that market has no memory. Therefore the fund managers wait for the managers when the market would become inefficient. This simply means that if the markets were truly efficient then the investors would not have been able to beat the market and constantly achieve superiorratesofreturn. According to two branches of EMH, weak and semi strong theories price in the market is not fairly adjusted and market at times becomes inefficient when investors beat the market and achieve the higher rate of return (Hu, 2014). References: Accountingtools, 2016. Chief Financial Officer (CFO) Job Description. [Online] www.accountingtools.com Available at: https://www.accountingtools.com/job-description-cfo [Accessed 13 September 2016]. Agrawal, A., Goldie, J. Huyett, B., 2016. Todays CFO: Which profile best suits your company? [Online] www.mckinsey.com Available at: https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/todays-cfo-which-profile-best-suits-your-company [Accessed 13 September 2016]. Anderson, C., 2016. What Are the Top Ten CFO Responsibilities? [Online] www.bizmanualz.com Available at: https://www.bizmanualz.com/be-a-better-boss/what-are-the-top-ten-cfo-responsibilities.html [Accessed 13 September 2016]. Bergen, J.V., 2016. Efficient Market Hypothesis: Is The Stock Market Efficient? [Online] www.investopedia.com Available at: https://www.investopedia.com/articles/basics/04/022004.asp [Accessed 13 September 2016]. BHP Billiton, 2016. BHP Billiton Announces Simplified Operating Model To Accelerate Productivity and Value Creation. [Online] www.bhpbilliton.com Available at: https://www.bhpbilliton.com/investors/news/bhp-billiton-announces-simplified-operating-model [Accessed 13 September 2016]. BHP Billiton, 2016. OUr Company. [Online] www.bhpbilliton.com Available at: https://www.bhpbilliton.com/aboutus/ourcompany [Accessed 13 September 2016]. Bhpbilliton, 2016. Board of Directors. [Online] www.bhpbilliton.com Available at: https://www.bhpbilliton.com/aboutus/leadership [Accessed 13 September 2016]. BIERY, M.E., 2015. 4 Key Functions of a Chief Financial Officer. [Online] www.entrepreneur.com Available at: https://www.entrepreneur.com/article/242001 [Accessed 13 September 2016]. Hu, D., 2014. because not all information is factored into the market. [Online] www.coursehero.com Available at: https://www.coursehero.com/file/9913393/1112/ [Accessed 13 September 2016]. Investopedia Staff, 2016. What does a Chief Financial Officer (CFO) do? [Online] www.investopedia.com Available at: https://www.investopedia.com/ask/answers/04/042204.asp [Accessed 13 September 2016]. Managementhelp, 2016. Roles and Responsibilities of Chief Executive Officer of a Corporation. [Online] managementhelp.org Available at: https://managementhelp.org/chiefexecutives/job-description.htm [Accessed 13 September 2016]. Maverick, J.B., 2015. Has the Efficient Market Hypothesis been proven correct or incorrect? [Online] www.investopedia.com Available at: https://www.investopedia.com/ask/answers/032015/has-efficient-market-hypothesis-been-proven-correct-or-incorrect.asp [Accessed 13 September 2016]. Team, T., 2016. Efficient Market Hypothesis Doesnt Always Work. [Online] www.nasdaq.com Available at: https://www.nasdaq.com/article/efficient-market-hypothesis-doesnt-always-work-cm118007 [Accessed 13 September 2016]. TRAMMELL, J., 2014. Lead From the Top: 5 Core Responsibilities of a CEO. [Online] www.entrepreneur.com Available at: https://www.entrepreneur.com/article/233354 [Accessed 13 September 2016]. Yeomans, J., 2016. Mining giant BHP Billiton stumbles to worst-ever loss. [Online] www.telegraph.co.uk Available at: https://www.telegraph.co.uk/business/2016/08/16/mining-giant-bhp-billiton-stumbles-to-73bn-loss/ [Accessed 13 September 2016].

Tobacco Industry Essays - Summer, Tobacco, Habits, Smoking

Tobacco Industry Since my presentation was on Microsoft, I am going to try to analyze the Tobacco industry presentation. The Tobacco industry is an industry where they make tobacco products, then distribute it to stores, which then sell them to the consumer. Some tobacco manufactures are Camel, Marlboro (lights or reds? you choose), and Newport. Many people like to smoke cigarettes so they usually are the ones that purchase the tobacco. Because many people smoke tobacco, the Tobacco industry makes millions of profit off people who smoke. Tobacco has proven to cause cancer and other diseases. Tobacco is addicting, so many consumers have trouble quitting. Tobacco therefore, causes death. One way of marketing this deadly product is Advertising. Although advertising is very expensive, that expense will eventually be covered by future profits and more. Advertising targets all ages. Who ever can get their hands on cigarettes will be the consumer for a very long time. But isn't there an 18-age limit on people who can buy cigarettes? Yes, but then why are there so many teens hooked on cigarettes. Obviously there is no control over that too. Even thought the box is labeled and causes lung cancer and death, and is also addicting, people want to suet these tabacco companies. People want the government to regulate the sale of these cigarettes because too many minors are buying these cigarettes. This means that these minors will become hooked at an early age and then die sooner from the cigarettes. People also accuse some Tobacco companies of advertising to teenagers for example Joe Camel targets young adolescents. The Joe Camel dresses in baggie cool clothing, and hangs out with the crowd playing pool and smoking cigarettes called Camel. Another way the Tobacco tries to make their profit is by advertising in stores near schools and colleges where young people will stroll in during break time. Come on, business is business. You got make the profit. The Tobacco industry knows and everyone knows this product kills, its right on the package: This product is hazardous to your health? in other words, this product will turn your lungs black, cause birth defects, and will murder you, be careful. Well the company warns and the consumer chooses. The tobacco industry advertises to gain sales. It is the thing to do when you have a business. You want a toque, just go and buy. . But this product is only made to smoke or chew, not to clean the floor. Yeah we have the right to choose to smoke or not smoke but do children have the knowledge to choose between health and being cool with your friends? Maybe after their hooked and their lungs are black. The Industry is not helping when they advertise to teenagers. Labeling and warning about the dangers of the product is a must. And as adults, we make our own decisions. We choose whither we want to become addicted and later die at an early age. Young people do not. These people are still immature and do not think of long-term consequences. Regulating advertising is a must for kids minds and health. It will reduce the wants and coolness of smoking or chewing tobacco. The government should step in and control the situation at retail stores so that is harder for kids to get their hands on tobacco. For us adults, we are intelligent enough to know what can kill us. Business

Biography of Gabriel García Márquez

Biography of Gabriel Garcà ­a Mrquez Gabriel Garcà ­a Mrquez (1927–2014) was a Colombian writer, associated with the Magical Realism genre of narrative fiction and credited with reinvigorating Latin American writing. He won the Nobel prize for literature in 1982, for a body of work that included novels such as 100 Years of Solitude and Love in the Time of Cholera.  Ã‚   Fast Facts: Gabriel Garcà ­a Mrquez Full Name: Gabriel Josà © de la Concordia Garcà ­a MrquezAlso Known As: GaboBorn: March 6, 1927, in Aracataca, ColombiaDied: April 17, 2014, in Mexico City, MexicoSpouse: Mercedes Barcha Pardo, m. 1958Children: Rodrigo, b. 1959 and Gonzalo, b. 1962  Best-known Works: 100 Years of Solitude, Chronicle of a Death Foretold, Love in the Time of CholeraKey Accomplishments:  Nobel Prize for Literature, 1982, leading writer of magical realismQuote: Reality is also the myths of the common people. I realized that reality isnt just the police that kill people, but also everything that forms part of the life of the common people. Magical realism is a type of narrative fiction which blends a realistic picture of ordinary life with fantastic elements. Ghosts walk among us, say its practitioners: Garcà ­a Mrquez wrote of these elements with a wry sense of humor, and an honest and unmistakable prose style.  Ã‚   Early Years   Gabriel Josà © de la Concordia Garcà ­a Mrquez (known as Gabo) was born on March 6, 1927, in the town of Aracataca, Colombia near the Caribbean coast. He was the eldest of 12 children; his father was a postal clerk, telegraph operator and itinerant pharmacist, and when Garcà ­a Mrquez was 8, his parents moved away so his father could find a job. Garcà ­a Mrquez was left to be raised in a large ramshackle house by his maternal grandparents. His grandfather Nicolas Mrquez Mejia was a liberal activist and a colonel during Columbias Thousand Days War; his grandmother believed in magic and filled her grandsons head with superstitions and folk tales, dancing ghosts and spirits.   In an interview published in The Atlantic in 1973, Garcà ­a Mrquez said he had always been a writer. Certainly, all of the elements of his youth were interwoven into Garcà ­a Mrquezs fiction, a blend of history and mystery and politics that Mexican poet Pablo Neruda compared to Cervantess Don Quixote. Writing Career Garcà ­a Mrquez was educated at a Jesuit college and in 1946, began studying for the law at the National University of Bogota. When the editor of the liberal magazine El Espectador wrote an opinion piece stating that Colombia had no talented young writers, Garcà ­a Mrquez sent him a selection of short stories, which the editor published as Eyes of a Blue Dog.   A brief burst of success was interrupted by the assassination of Colombias president Jorge Eliecer Gaitan. In the following chaos, Garcà ­a Mrquez left to become a journalist and investigative reporter in the Caribbean region, a role he would never give up. Exile from Colombia In 1954, Garcà ­a Mrquez broke a news story about a sailor who survived the shipwreck of a Columbian Navy destroyer. Although the wreck had been attributed to a storm, the sailor reported that badly stowed illegal contraband from the US came loose and knocked eight of the crew overboard. The resulting scandal led to Garcà ­a Mrquezs exile to Europe, where he continued writing short stories and news and magazine reports. In 1955, his first novel, Leafstorm (La Hojarasca) was published: it had been written seven years earlier but he could not find a publisher until then.   Marriage and Family Garcà ­a Mrquez married Mercedes Barcha Pardo in 1958, and they had two children: Rodrigo, born 1959, now a television and film director in the U.S., and Gonzalo, born in Mexico City in 1962, now a graphic designer.   One Hundred Years of Solitude (1967)   Garcà ­a Mrquez got the idea for his most famous work while he was driving from Mexico City to Acapulco. To get it written, he holed up for 18 months, while his family went into debt $12,000, but at the end, he had 1,300 pages of manuscript. The first Spanish edition sold out in a week, and over the next 30 years, it sold more than 25 million copies and has been translated into more than 30 languages.   The plot is set in Macondo, a town based on his own hometown of Aracataca, and its saga follows five generations of descendants of Josà © Arcadio Buendà ­a and his wife Ursula, and the city they founded. Josà © Arcadio Buendà ­a is based on Garcà ­a Mrquezs own grandfather. Events in the story include a plague of insomnia, ghosts that grow old, a priest who levitates when he drinks hot chocolate, a woman who ascends into heaven while doing the laundry, and a rain which lasts four years, 11 weeks and two days.   In a 1970 review of the English language version, Robert Keily of The New York Times said it was a novel so filled with humor, rich detail and startling distortion that is brings to mind the best of [William] Faulkner and Gà ¼nter Grass.   Political Activism   Garcà ­a Mrquez was an exile from Colombia for most of his adult life, mostly self-imposed, as a result of his anger and frustration over the violence that was taking over his country. He was a lifelong socialist, and a friend of Fidel Castros: he wrote for La Prensa in Havana, and always maintained personal ties with the communist party in Colombia, even though he never joined as a member. A Venezuelan newspaper sent him behind the Iron Curtain to the Balkan States, and he discovered that far from an ideal Communist life, the Eastern European people lived in terror.   He was repeatedly denied tourist visas to the United States because of his leftist leanings but was criticized by activists at home for not totally committing to communism. His first visit to the U.S. was the result of an invitation by President Bill Clinton to Marthas Vineyard. Later Novels   In 1975, the dictator Augustin Pinochet came to power in Chile, and Garcà ­a Mrquez swore he would never write another novel until Pinochet was gone. Pinochet was to remain in power a grueling 17 years, and by 1981, Garcà ­a Mrquez realized that he was allowing Pinochet to censor him.   Chronicle of a Death Foretold was published in 1981, the retelling of a horrific murder of one of his childhood friends. The protagonist, a merry and peaceful, and openhearted son of a wealthy merchant, is hacked to death; the whole town knows in advance and cant (or wont) prevent it, even though the town doesnt really think hes guilty of the crime hes been accused of: a plague of inability to act. In 1986, Love in the Time of Cholera was published, a romantic narrative of two star-crossed lovers who meet but dont connect again for over 50 years. Cholera in the title refers to both the disease and anger taken to the extreme of warfare. Thomas Pynchon, reviewing the book in the New York Times, extolled the swing and translucency of writing, its slang and its classicism, the lyrical stretches and those end-of-sentence zingers.   Death and Legacy   In 1999, Gabriel Garcà ­a Mrquez was diagnosed with lymphoma, but continued to write until 2004, when reviews of Memories of My Melancholy Whores were mixed- it was banned in Iran. After that, he slowly sank into dementia, dying in Mexico City on April 17, 2014.   In addition to his unforgettable prose works, Garcà ­a Mrquez brought world attention to the Latin American literary scene, set up an International Film School near Havana, and a school of journalism on the Caribbean coast.   Notable Publications   1947: Eyes of a Blue Dog  1955: Leafstorm, a family are  mourners at the burial of a doctor whose secret past make the entire town want to humiliate the corpse1958: No One Writes to the Colonel, a retired army officer begins an apparently futile attempt to get his military pension1962: In Evil Hour, set during the La Violencia, a violent period in Colombia during the late 1940s and early 1950s1967: One Hundred Years of Solitude  1970: The Story of a Shipwrecked Sailor,a compilation of shipwreck scandal articles1975: Autumn of the Patriarch, a dictator rules for two centuries, an indictment of all the dictators plaguing Latin America  Ã‚  1981: Chronicle of a Death Foretold  Ã‚  1986: Love in the Time of Cholera  1989: The General in the Labyrinth, account of the last years of the revolutionary hero Simon Bolivar1994: Love and Other Demons, an entire coastal town slips into communal madness1996: News of a Kidnapping, nonfiction report on the Colombian Medellin drug cartel2 004: Memories of My Melancholy Whores, story of a 90-year-old journalists affair with a 14-year-old prostitute Sources Del Barco, Mandalit. Writer Gabriel Garcia Marquez, Who Gave Voice to Latin America, Dies. National Public Radio April 17, 2014. Print.Fetters, Ashley. The Origins of Gabriel Garcia Marquezs Magic Realism. The Atlantic April 17 2014. Print.Kandell, Jonathan. Gabriel Garcà ­a Mrquez, Conjurer of Literary Magic, Dies at 87. The New York Times April 17, 2014. Print.Kennedy, William. The Yellow Trolley Car in Barcelona, and Other Visions. The Atlantic January 1973. Print.Kiely, Robert. Memory and Prophecy, Illusion and Reality Are Mixed and Made to Look the Same. The New York March 8, 1970. Print.TimesPynchon, Thomas. The Hearts Eternal Vow. The New York Times 1988: April 10. Print.Vargas Llosa, Mario. Garcà ­a Mrquez: Historia De Un Deicidio. Barcelona-Caracas: Monte Avila Editores, 1971. Print.

Global Supply Chain Managment Essay Example | Topics and Well Written Essays - 1000 words

Global Supply Chain Managment - Essay Example However, Vivek argued that the degree of diversification is the measure for the size of benefits likely to be achieved by the shareholders. Susan believes that small benefit is achieved by the shareholder involved in the diversified project; therefore such investors are poorly inclined towards IPO of such diversified firms. Ronald is firm that the reduction in the likelihood of an IPO is linked with the increase in the degree of diversification, therefore IPO is mainly preferred by such investors who are strange to diversified companies, and as such investors have the potential to make profit from diversification of their portfolios. Atul is his article has claimed that the firm is likely to go public if the stakeholders are diversified, and possess equal shares. The deposit-insurance hypothesis is based on the assumption that the 'acquirers would be willing to pay more for riskier, more profitable organizations whose returns are highly correlated with the acquirer's returns'. As per Vivek, the managerial-interest hypothesis is constant and consistent, and has no relationship with purchase price and exposed risk; therefore the risk management is avoidable from supply chain perspective. Both the articles have agreed that upon the fact that the supply chain management shall be protective of share holder's stake, and the wealth of the shareholder can be increased through alliances that diversify earnings. The earnings diversification hypothesis is based on the fact that higher levels of cash flow for the same level of total risk can be achieved through acquiring banks i.e. seek earnings diversification, 'the reductions in business risk are offset by increases in financial risk'. Catherine is of the opinion that acquisition of firms can offset the reduction in equity value, which can be achieved through issuance of additional debt; such measures diminish the probability level of bankruptcy to the previous level, there have been strong evidence that leverage i s increased as a result of alliances and acquisitions between the non-financial firms. It has been observed that banks acquired by bank holding companies have reduced their capital ratios after acquisitions, and reduction has been incorporated at significant level, 'the increased leverage increases the tax shield due to debt and, hence, after-tax net cash flow'. Ronald informed that the acquired banks reduce their holdings of low-risk securities to a greater level, and also improve their holdings of loans, this correspondingly increase the earnings. Analysis of the common grounds and variances between the two articles Atul has referred to the Research and Development success story for the technological companies, 'R&D Credit supports technological innovations through which the creation and the perseverance of the qualitative standards of living has been possible. It has been realized that 'many positive economic benefits are driven and motivated by performance of research and development, including increased revenue streams to U.S. companies', which is further responsible for the enhancement of the company's ability to 'recruit employees, purchase capital goods, pay dividends to shareholders and contribute to a strong country tax base'. Vivek has supported the argument and has further validated that the loans which appear in the balance

Any company of the ones in the Quesation paper Case Study

Any company of the ones in the Quesation paper - Case Study Example Key elements of IBM's web strength are listed below: 1) IBM has highly reliable web infrastructure used to host its website and is available 24X7. 2) It has adopted its own web services platform known as Websphere for hosting its web services. 3) Back-end is hosted on its robust server infrastructure consisting of IBM mainframes. 4) The website is intuitive and easy to use, without complicated English or too much of technical words - IBM's site is one of the simplest to read and understand. 5) The web services are country-specific covering all services for a given country. This is a huge competitive advantage because IBM operates out of more than 170 countries! 6) The 'support and services' part of its website is designed very well - it is simple and easy to use. 7) It's e-commerce facilities are built on its own CommercePOINT platform - The platform details are shown below: Picture 2 - Source: wolrath.com 8) It has solid partner services in the form of 'IBM Partnerworld' - All partner business facilities are available as part of this website. 9) It has a very robust data warehouse and business intelligence back-end to interpret web requests and serve the relevant information. Competitive Advantages of web services The key elements that make IBM stand out apart from its competitors such as HP, Accenture and others are as follows: a) The Websphere web services platform has become very popular and it is even used by competitors today for packaging and use web application services. b) Its back-end mainframes are very robust and are built with the longest duration of research and development within the market. c) Its country-specific services are completely localized to individual countries and this has proven very useful for marketing and sales targeted at...It is therefore chosen as the subject of this business analysis. The analysis is divided into three parts as follows: d) IBM is a big supporter of open source development. It has built a separate web facility called 'DeveloperWorks' to help software and IT professionals. This is hugely popular and is seen as an advantage over competitors. e) The PartnerWorld web portal for its developers is used very well by its several partners. IBM has been a strong partnering company right from the beginning and this strength has come over to its web services for the partners as well. IBM has been a company of radical change all through its decades of existence. The Organization is traditionally known to be very conservative and formal in its management style - but surprisingly, it has made very strong and firm moves repeatedly to meet changing market conditions and demands. Major changes are discussed below: i. The turning point in IBM's history was when the company decided to enter the field of digital computers (manufacturing) in the early 1950's.