Blaxicans and Other Reinvented Americans Essay

In â€Å"Blaxicans† and Other Reinvented Americans,† Richard Rodriguez calls attention to that America has become a spot that is completely populated by migrants from around the globe. He states that its absolutely impossible to dole out race names to residents since everybody can be different races. As indicated by Rodriguez, Americans make names (e. g. Hispanic) in a crazy endeavor to characterize individuals in the least complex structure; an arrangement bound to fizzle. Rodriguez proceeds by portraying his concept of â€Å"ethnicity,† which is eventually founded in transit individuals act and the things they esteem. The article portrays the manner by which all races are entwined inside the nation, and inside the world. The possibility of â€Å"diversity† is likewise referenced in the article while talking about the subject of interracial relationships. Rodriguez proceeds to depict the bogus â€Å"Hispanic† classification quite a bit of this nation has fallen into. Eventually, Rodriguez clarifies that â€Å"Hispanic† is a term utilized distinctly in America for colonization purposes. Hispanic is a bogus thought in light of the fact that after going to Latin America, one would experience dark Hispanics, white Hispanics, etc.and that is authentic. By 2003, Hispanics turned into the biggest minority on the planet (whatever that implies). Rodriguez proceeds to share his perspectives on absorption: â€Å"ASSIMILATION HAPPENS. † Assimilation is the demonstration of individuals of various foundations seeing themselves as a piece of a bigger national family. This article recognizes the huge swath of racial prospects inside the world. Rodriguez closes the article by saying he, a man of Mexican plunge, is Chinese since he appreciates Chinese culture, and that is the means by which ethnicity ought to be chosen. Jargon * immensely: adv: awkwardly (randomly, franticly, confusedly) * mythic: adj: pretend (celebrated, nonexistent, folkloric) * skin: n: covering (epicarp, frame, husk) * previously mentioned: adj: past; precede (point of reference, previous, earlier) * demythologizing: v: reconsider a subject or text * mulatto: n: an individual of blended white and dark parentage Rhetorical Strategies * Anecdote: â€Å"On his meeting appear, Bill Moyers once solicited me how I thought from myself. As an American? Or then again Hispanic? I addressed that I am Chinese, and that is on the grounds that I live in a Chinese city and in light of the fact that I need to be Chinese. † (passage 19) * Paradox: â€Å"I come to you as Chinese. Except if you comprehend that I am Chinese, at that point you have not comprehended anything I have said. † (section 25) * Imagery: â€Å"My eye has taken on that palette, has come to incline toward lime green and rose reds and all the developments o this Chinese Mediterranean. † (passage 19).

Benefits of Solar-Powered Water Heaters

Advantages of Solar-Powered Water Heaters Dear EarthTalk: I heard that utilizing a sun based controlled water warmer in my home would decrease my CO2 outflows fundamentally. Is this valid? Also, what are the expenses? Anthony Gerst, Wapello, IA Regular Water Heaters Use Energy As indicated by mechanical architects at the University of Wisconsin’s Solar Energy Laboratory, a normal four-man family unit with an electric water warmer needs around 6,400 kilowatt long periods of power every year to warm their water. Accepting the power is created by an ordinary force plant with a proficiency of around 30 percent, it implies that the normal electric water radiator is answerable for around eight tons of carbon dioxide (CO2) every year, which is practically twofold that discharged by a run of the mill current car. A similar group of four utilizing either a gaseous petrol or oil-terminated water warmer will contribute around two tons of CO2 emissions yearly in warming their water. Furthermore, as we probably am aware, carbon dioxide is the principle ozone depleting substance answerable for environmental change. Traditional Water Heaters Pollute Astonishing as it might appear, experts accept that the yearly all out CO2 created by private water warmers all through North America is generally equivalent to that delivered by the entirety of the vehicles and light trucks driving around the mainland. Another perspective on is: If half of all family units utilized sun oriented water warmers, the decrease in CO2 emissions would be equivalent to multiplying the eco-friendliness everything being equal. Sunlight based Water Heaters Gaining Popularity Having half of all families utilize sun oriented water warmers probably won't be such a difficult task. As indicated by the Environmental and Energy Study Institute (EESI), there are 1.5 million sun powered water warmers as of now being used in U.S. homes and organizations. Sun oriented water radiator frameworks can work in any atmosphere and EESI gauges that 40 percent of all U.S. homes have adequate access to daylight with the end goal that 29 million extra sun based water radiators could be introduced at this moment. Sun based Water Heaters: The Economical Choice Another extraordinary motivation to change to a sunlight based water radiator is monetary. As indicated by the EESI, private sunlight based water radiator frameworks cost somewhere in the range of $1,500 and $3,500, contrasted with $150 to $450 for electric and gas warmers. With reserve funds in power or flammable gas, sunlight based water radiators pay for themselves inside four to eight years. What's more, sunlight based water warmers last somewhere in the range of 15 and 40 yearsthe same as ordinary systemsso after that underlying compensation period is up, zero vitality cost basically implies having free heated water for a considerable length of time to come. What’s more, in the U.S. government offers property holders charge credits of up to 30 percent of the expense of introducing a sun powered water radiator. The credit isn't accessible for pool or hot tub radiators, and the framework must be confirmed by the Solar Rating and Certification Corporation. What to Know Before You Install a Solar Water Heater As per the U.S. Division of Energy’s â€Å"Consumer’s Guide to Renewable Energy and Energy Efficiency,† zoning and construction regulations identifying with the establishment of sunlight based water warmers for the most part live at the neighborhood level, so purchasers ought to make certain to inquire about the norms for their own networks and recruit an ensured installer acquainted with nearby necessities. Property holders be careful: Most districts require a structure license for the establishment of a sun based heated water tank onto a current house. For Canadians hoping to get into sun oriented water warming, the Canadian Solar Industries Association keeps up a rundown of confirmed sunlight based water warmer installers, and Natural Resources Canada makes its useful booklet, â€Å"Solar Water Heating Systems: A Buyer’s Guide,† accessible as a free download on their site. EarthTalk is a customary element of E/The Environmental Magazine. Chosen EarthTalk sections are republished on About Environmental Issues by consent of the editors of E. Altered by Frederic Beaudry.

GreenGeeks Review 2020 Is Eco Web Hosting Your Best Option

GreenGeeks Review 2020 Is Eco Web Hosting Your Best Option .elementor-19992 .elementor-element.elementor-element-19992{text-align:center}Last Updated on January 30, 2020 Disclosure As an independent review site, we get compensated if you purchase through the referral links or coupon codes on this page â€" at no additional cost to you. Dismiss alert Table of Contents Is there a GreenGeeks voucher available?GreenGeeks hosting review: plans and pricingGreenGeeks shared hostingGreenGeeks cloud hostingGreenGeeks WordPress hostingGreenGeeks VPS hostingGreenGeeks dedicated hostingGreenGeeks reseller hostingIs GreenGeeks hosting good?GreenGeeks review of pros and consOur GreenGeeks reviews conclusionIs there a GreenGeeks voucher available?I know some of you are just here for the special offer GreenGeeks voucher, you can apply it by clicking this link, or you can read more on our GreenGeeks coupon code page to find out why we support this hosting company. Click here to apply GreenGeeks voucher GreenGeeks hosting review: plans and pricingAre you ready to get your hands dirty â€" in an environmentally friendly way? It’s time we delve into exactly what you get with GreenGeeks’s hosting plans.GreenGeeks shared hostingThere are three different shared hosting plans for you to choose from over at our green-loving friends, with GreenGeeks prices starting at: Join the FREE TrainingDo You Want To Learn How To Build 6 Figures Authority Sites?Join This Free Training To...Finally have a proven method to finding profitable nichesGet access to a foolproof keyword research methodLearn how to outsource quality contentLearn how to build white hat links to your site without headaches Lite $2.95/moPro $5.95/moPremium $11.95/moNow, the company labels the Lite package as the best value, but that’s based on the level of discount you receive if you pay for three years up front. The above monthly costs are exactly that â€" the monthly equivalent of paying for three years. If you were to pay monthly:Lite $9.95/moPro $14.95/moPremium $24.95 /moSome big differences there, so it’s definitely worth paying for an extended period straight off the bat. But what do you actually get for your money, because that’s the most important thing. There are a plethora of features you get for the Lite package, which is ideally suited for small starter blogs and sites: At the time of publishing this review, GreenGeeks doesn’t offer cloud hosting as an option. This is disappointing since I know many of you like that slight enhancement on shared hosting and more flexibility. Perhaps we’ll see this added in the future? The problem could be that cloud hosting doesn’t fall into the company’s green ethos.If you did want to go for something more comprehensive than the Ecosite Lite package, the more expensive plans give you:Greater RAM and processing power on the server.Improved load speeds through the PowerCacher technology.Greater number of emails you can send per hour.GreenGeeks VPS hostingVirtual private server hosting is a goo d blend of shared hosting and dedicated hosting. You have your own dedicated virtual space on a shared server. The upshot is that you don’t share resources with anyone else â€" you get exactly what you pay for. With GreenGeeks, the price plans for VPS hosting are:1GB RAM: $5/mo2GB RAM: $10/mo4GB RAM: $20/mo8GB RAM: $40/mo16GB RAM: $80/moBasing the plan on RAM is a good idea, since RAM will determine the instant speeds of your site(s). Bear in mind that all you’re paying for is server space here, not a full-management hosting plan. So, in addition to the RAM, you need to look out for hard drive memory, processors and bandwidth: RAM SSD Memory Bandwidth Processor Cores1 GB25 GB SSD1 TB12 GB50 GB SSD2 TB14 GB100 GB4 TB28 GB150 GB5 TB416 GB200 GB8 TB6GreenGeeks uses Intel E5 Xeon processors, which are known to be some of the best currently available, as well as a 1GB/sec network. If you’re unsure if you need this kind of power or need to upgrade or downgrade at any time, you just need to get in touch with customer services and they’ll help you out.No matter which of the plans you go for, GreenGeeks guarantees a 99.9% uptime, which, in my experience, has been even better at 99.95% average uptime. There’s nothing significant to sing and dance about here with the VPS hosting, apart from that the customer service department is known to be super helpful, which hasn’t always been the case. Management of your server space is simple thanks to the management portal and simple access to start and stop controls, including full root access.GreenGeeks dedicated hostingI would’ve liked GreenGeeks to be more forthcoming for exactly what’s on offer for their dedicated hosting plans â€" for example, do they offer fully managed and part-managed deals?What they do suggest you do is contact their sales team, who will talk you through exactly what it is you need. They’ll then be able to tailor your server to your direct requirements. This is actually a nice touch and shows that they want to form more of a business relationship with their dedicated hosting customers. What it doesn’t help is giving you guys lots of info for this GreenGeeks review.We do have some basic information on the different price plans for dedicated hosting:Entry Server $169/moStandard Server $269/moElite Server $319/moPro Server $439/moI’m unsure if these costs are for a 1, 2 or 3-year up-front payment or just the regular monthly subscription package. All of the plans will provide you with 5 x IP addresses and progressively more powerful hardware, though: Plan Processor RAM Hard DriveEntryIntel Atom 330 Dual Core2 GB DDR31x 500 GB SATAStandardXeon E3-1220 3.1GHz4 GB DDR32x 500 GB SATAEliteXeon E3-1230 3.2GHz w/HT8 GB DDR32x 500 GB SATAProXeon E5-2620 2.0GHz w/HT16 GB DDR32x 500 GB SATAI could be more impressed with the hardware here, especially for the higher price plans. No SSD and the same memory as the Standard server, as examples. Even so, GreenGeeks strikes me as a host that’s more aligned to the smaller companies and casual bloggers rather than superusers looking for dedicated hosting companies.GreenGeeks reseller hostingIf you’re an entrepreneur and are looking at reseller hosting, I have all the info you need here in the GreenGeeks web hosting review. They claim to offer wholesale pricing for all their reseller price plans, which is somewhat of a misnomer since you can’t get reseller hosting at the retail prices they state. No matter if you pay for each month or for a year in advance, the price plans are:Reseller 10 $19.95/moReseller 20 $34.95/moReseller 30 $44.95/moReseller 40 $54.95/moReseller 50 $59.95/moYou may have guessed that the higher the package, the more hosting you can do. For example, the Reseller 10 offers you 10 cPanel accounts and Reseller 50 nets you 50 cPanel accounts. Note that all accounts get their own resources, so there’s no hidden shared hosting going on. On top of this, all plans grant you access to the fo llowing:Unlimited SSD storage and bandwidth.Access to GreenGeeks resources â€" no third parties involved.WHMCS licenses.I love the whcms GreenGeeks license that’s included â€" this makes the client billing process so much easier and it integrates really well. You’ll find that some reseller hosts will force you to pay for this at an extra cost, which doesn’t make sense.The unlimited storage and bandwidth is a massive box tick for me since you shouldn’t be penalized for something out of your control. This combines well with the high-tech RAID-10, PHP7 and caching hardware that’s included across all price plans.Again, 300% green credits are on offer with reseller hosting, which is an awesome USP for these guys. Sure, you may find better pricing elsewhere, but you get a lot for your money with GreenGeeks.Is GreenGeeks hosting good?Yes, GreenGeeks hosting is good. Out of all the providers I’ve reviewed, GreenGeeks comes out as excellent, whether you want your WordPress site h osted, are happy with entry-level shared hosting or are looking for some more power through VPS or dedicated hosting. All at competitive prices!GreenGeeks review of pros and consIf you need a refined version of the advantages and disadvantages of GreenGeeks, then check out the points below. No single hosting provider is going to appeal to everyone, so I do feel that the pros outweigh the cons: GreenGeeks Pros GreenGeeks ConsHigh average uptime â€" 99.95%No cloud hostingFast loading times â€" 493msLack of information on dedicated hostingUnlimited bandwidthEco-friendlyMuch improved customer supportCompetitive pricingFree SSL certificates30-day money-back guaranteesGreenGeeks complaints and praiseThe main GreenGeeks complaints seem to revolve around a lack of communication through the customer service department. While I do concur with this, I’ve found that the company has made amends and there was some miscommunication involved. For example, the client required web design services, which GreenGeeks doesn’t provide.BBB.org review GreenGeeksYelp.co.uk reviewerOur GreenGeeks reviews conclusionIt’s easy to glance over the price plans that GreenGeeks offers in favor of the eco-friendly aspect. Sure, the company has currently captured that corner of the market, but it’s useless in going green if the pricing and services on offer don’t add up. Luckily, GreenGeeks holds up its end of the bargain in terms of reliability and comprehensive hosting plans.I couldn’t rank GreenGeeks hosting any higher than 3rd out of my top 10 best hosting services since it doesn’t offer cloud hosting. But, the excellent uptime and page load speeds are impressive, no matter if the hosting plans aren’t the cheapest on the market. See GreenGeeks pricing Our GreenGeeks review overall rating 4.7/5 Click to apply GreenGeeks voucher

The Formation of Jane Austens Marriage Concept and the...

THE FORMATION OF JANE AUSTEN S MARRIAGE CONCEPT AND THE REFLECTION IN PRIDE AND PREJUDICE by Nie Zuyuan December,2010 College of Technology,Xiaogan University Abstract â€Å"It is a true universally acknowledged,that a single man in possession of a good fortune,must be in want of a wife.†Almost two centuries later,the deep impression on readers left by the opening sentence of Pride and Prejudice has not decreased because of their changing literary taste.As the author of Pride and Prejudice,Jane Austen was one of the famous realistic writers in English literature in the nineteenth century.Pride and Prejudice is Austen’s representative work.During the forty-two years of her short life and a merry one,Austen wrote six full-length†¦show more content†¦But not all people can make their dream come true. Sometimes, our dream and hope just like a bubble disappear in the wind and just leave disappointment in our heart. What should we choose between love and money when we can’t choose these two things at the same time?And which style of marriage is a more perfect one? Jane Austen as a novel writer who lived more than tw o hundred years ago thought about these questions. Jane wrote many novels. Her novels always praised as a classical works about love and marriage, especially the novel of Pride and Prejudice. And Jane also won her highest reputation through Pride and Prejudice. The original version of the novel was written in 1796-1797 under the title â€Å"First Impressions†, and was in the form of an exchange of letters. The story of Pride and Prejudice took place in the time of the Regency in Britain. At that time, Britain was at the period of transition from the earlier stage of Capitalism to Capitalist Industrialization. In the countryside, the aristocratic family still held great power and right that country squires were likely to fawn upon them. However, as the development of Capitalism and the expand of the rank of rich people, the distinction between social strata was becoming smaller and smaller, while money was getting more and more important in people’s mind about social va lue. This story shows the ordinary lives, feelings of the ordinary people. They were linked up in a harmonious order under the author s

Definition of Nursing - 1191 Words

Nurses have been described as â€Å"lacking professional commitment and motivation, low in risk taking and change-making, having a ‘blue-collar mentality,’ being cautious and conservative, and suffering from lack of cohesiveness and collegiality† (Cohen, 1981; Eisenstein, 1982; Hughs, 1982; Hull, 1982; Kalisch Kalisch, 1977; Kerr, 1982; Lowery-Palmer, 1982; Muff, 1982; Weiss Remen, 1983 as cited in Chandler, 1986, p.1). With this definition of what a nurse has been professed as, there is a fundamental responsibility to redefine and understand the purpose and characterization of today’s nurse. Without a true clarity, respect and cohesiveness of peers and community cannot be stipulated. Gastmans (1998) states, â€Å"For nurses (both as†¦show more content†¦Commitment is one of the single most important values in becoming successful. Personal expectations are set high. It is crucial that expectations be elevated even higher when anticipated acc omplishment draws near. Excuses cannot be accepted. Professional values Personal core values merge into professional values. They drive perceptions and views of people and how they should be treated. This will impact how nurses treat patients day to day. Honesty and integrity are essential in the nursing profession. Honesty expresses both self-respect and respect for others. Integrity requires the right choice to be made for the greater good of others, setting aside any personal gain or agenda. A poor attitude directly affects others, including patients, and so in every circumstance it is necessary to carry an attitude of compassion. Professional nurses recognize that every day their job might be emotionally, physically and mentally taxing. They accept that as an affiliate of the nursing profession they are expected to think clear, act fast and work hard. Recognizing that they are a part of this profession by choice, and fully understanding the standards of the job, they will always try to uphold the prestige, honor and morale of the nursing prof ession. Nurses recognize the value of commitment. They are committed to superior performance in patient care, practicing with integrity, creating and fostering a medical home for eachShow MoreRelatedDefinition And Philosophy Of Nursing882 Words   |  4 PagesConcepts Of Nursing: Nursing is in the Eye Of the Beholder Nationally, nursing has become one of the most flourishing and outstanding occupations in the medical field. Years ago, nurses were discriminated by people because they provided care for ill individuals, which was against social law. The term nursing has been generalized to helping others who are sick. However, nursing is more than an oversimplified definition. 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Of these, Henderson’s Definition of Nursing became influential as Virginia Henderson brought it to the forefront in her 1955 Textbook of the Principles and Practice of Nursing (Abrams, 2007, p. 382). Per Renece Waller-Wise (2013), Henderson’s Definition of Nursing is â€Å"primarily helping people (sick or well) in the performance of those activities contributing to health, or itsRead MoreDefinition Of Nursing And Professional Value Essay959 Words   |  4 PagesDefinition of Nursing Nursing is a profession where nurses obtain and maintain professional certification if available in the area of expertise (American Nurses Association (ANA) Nursing, 2010, P-132). They work as leader as matter of protection, promotion, and optimization of health and abilities. The nurse maintain compassionate and caring relationship with person and colleagous( ANA, Nursing, 2010). The purpose of this paper is to define the personal definition of nursing and professional valueRead MoreMy Personal Definition Of Nursing1925 Words   |  8 PagesIf a person would ask me to define nursing, I don’t think I would be able to provide a complete explanation. I find it so abstract and too difficult to explain especially if the person questioning is not a colleague. It is so ironic, considering that I have been studying and experiencing nursing for more than seven years in two different countries. It was never a significant issue for me until this course has triggered me to think abo ut it more closely. The focus of this paper is for me to beRead MoreDefinition And Scope Of Nursing Burnout1819 Words   |  8 PagesDefinition Scope Hill (2015) identified burnout as â€Å" a prolonged response to chronic emotional and interpersonal stressors on the job† (p. 522). Kelly, Runge, and Spencer (2015) then further break down compassion fatigue as a combination of both burnout and secondary traumatic stress, where secondary traumatic stress is being referred to as the result of anxiety, pressure and an overall negative feeling of having to care of patients who have gone through a traumatic episode. Hunsaker et al., (2014)Read MoreMy Personal Definition of Nursing Essay958 Words   |  4 PagesI wanted to make others feel the way she made me feel. My personal definition of nursing is encompassed within that one nurse. A nurse should be loving, compassionate, dependable, competent, empathic, responsible, joyful and comforting (just to name a few). A nurse not only cares for the physical aspect of the patient but the mind and spirit as well. I believe a nurse should promote physical and emotional well-being. 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Professionalism therefore can be defined as individuals expected to display competent and skillful behavior in alignment with their profession. We as nurses are not different. We uphold the responsibility and the value of our work, dedicate our beliefs and our behaviorsRead MoreNursing Ethical Values and Definitions2306 Words   |  10 PagesThis essay will consider ethics in nursing, discuss values and morals and how dignity and respect in patient care is influenced; considering the importance of reflection and the implications it has on effective practice from the perspective of a student nurse. The scenario â€Å"Call Me Joe† provided by Nursing and Midwifery Council (NMC) (2010a) highlights concerning issues and bad practice that are happening in modern day nursing practice, and using the Driscoll and Teh (2001) reflective model: What

The Mayan Civilization An Advanced Society, Rich And...

The Mayan civilization was an advanced society, rich and full extraordinary architecture with a prodigious complexity of patterns and variety of expressions, that flourished in Mesoamerica. They were skilled architects and engineers, building phenomenal cities out of primarily limestone that still remains standing a thousand years after their civilization. Greatness and Magnificence was the signature of all Mayan cities, from their inception period and continued until the desertion of all the city states by the beginning of the ninth century. The Mayans built pyramids, temples, palaces, walls, residences and more. The limestone structures, faced with lime stucco, were the trademark of ancient Mayan architecture. Mayan buildings were often ornamented with intricate stone carved friezes, roof combs, stucco statues, and paint. Unlike other Mesoamerican cultures, the Mayans were never a one big empire governed by a single leader in a single place. The Mayan civilization was created by groups of smaller, independent city-states who governed the direct area and had nothing to do with other cities that were a great distance away. Some of the more significant Mayan city-states were Tikal, Chichà ©n Itzà ¡, Dos Pilas, Calakmul, Caracol, Palenque, and Uxmal. Even though every Mayan city is different, these city-states traded with each other quite frequently, so cultural exchange was common. Therefore, there are regional differences in architecture, almost all buildings were constructedShow MoreRelatedThe Birth of Civilization18947 Words   |  76 Pages1 The Birth of Civilization Mohenjo-Daro Figure. Scholars believe this limestone statue from about 2500 B.C.E. depicts a king or a priest from Mohenjo-Daro in the Indus valley in present-day Pakistan. Does this figure seem to emphasize the features of a particular person or the attributes of a particular role? Hear the Audio for Chapter 1 at www.myhistorylab.com CRAIMC01_xxxii-031hr2.qxp 2/17/11 3:22 PM Page xxxii EARLY HUMANS AND THEIR CULTURE page 1 WHY IS â€Å"culture† considered a definingRead MorePropaganda by Edward L Bernays34079 Words   |  137 Pageselement in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of. This is a logical result of the way in which our democratic society is organized. Vast numbers of human beings must cooperate in this manner if they are to live together as a smoothly functioning society. Our invisible governorsRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesLandscape Sam Wineburg, Historical Thinking and Other Unnatural Acts: Charting the Future of Teaching the Past Sharon Hartman Strom, Political Woman: Florence Luscomb and the Legacy of Radical Reform Michael Adas, ed., Agricultural and Pastoral Societies in Ancient and Classical History Jack Metzgar, Striking Steel: Solidarity Remembered Janis Appier, Policing Women: The Sexual Politics of Law Enforcement and the LAPD Allen Hunter, ed., Rethinking the Cold War Eric Foner, ed., The New American

Creating a sense of community free essay sample

Introduction Organizations, leaders and employees often need to be commended on a job well done and celebrate it with some exceptional time off from work. This is a positive step for the organization because it not only shows appreciation for those individuals who come to work every day to make sure that their organization achieve all of its goals, but illustrates the organizations appreciation for it valuable staff and employees. This can be done by simply honoring most federal and calendar year holidays throughout the year, company holidays including time off for birthdays and banquet celebrations as well. In addition, on a dismal note, sometimes an organization may have to honor its employees and staff for tragic circumstances that may occur throughout the year. Celebrating the community is key for an organization in terms of keeping their employees motivated and excited about giving their best effort on each task at hand. Kouzes Posner mentions that celebrations serve as important a purpose in the long-term of an organization as does the daily performance of tasks ( Kouzes Posner, p.310, 2013). Celebrating the community serves as a medicine that brings an organizations and its employees together in each prospective shared values and commitments. Overview of community building practices Kouzes Posner states that In acknowledging the community (†common unity†) that individuals share with each other, a sense of team spirit is created among leaders who build and maintain the social support that is required for individuals to thrive and excel during tough times ( Kouzes   Posner, p.310, 2013). Organizations must have in place an supportive structure that will support the employees and enhance their opportunities for appreciation for their hard work. Communities that have a strong commitment for connecting celebrations, community and commitment will set themselves far above average organizations. An outstanding leader who has made the vow to help renew those employees’ commitments will be headed in a positive direction. This approach will serve as a motivational and retention tool for the leaders and organization. Organizations should commit themselves on building fun activities and socials that are fitted for those employees, it’s a celebration of appreciation and respect. Celebrating those outstanding deeds that each employee exemplified should not be kept in house. The good news should be shared with the community, the public. Kouzes Posner suggest that private rewards do little to set an example for the organization ( Kouzes Posner, p.313, 2013). However, having the opportunity to share someone’s story of success is worth celebrating and it will also highlight the individual and the organization in a positive manner. Organizations that connect celebration, community and commitment for the long haul will undoubtedly be successful. Organizations that ensure that their employees understand that they are part of the big picture know that shared values, destiny and victories are important to securing a sense of community. Leaders should make sure that all employees have the opportunity to play a functional role in the celebrations and the framework that support the organizations values. Celebrations can come in all forms such as cyclical celebrations, celebrations of triumph, personal transitions, workplace altruism, events and ritual for comfort and letting go. Not every celebration is upbeat and enjoyable. There are times when a employee may have a sick family member or even suffered a loss of a loved one. Author Colleen Young mentioneds that in ttoday’s organization, the fledgling, but active, community continues to grow, providing peer-to-peer support and information for a very specific point in the health continuum, namely for people living with life-threatening disease, for friends and family who care about and for them, and for people dealing with grief and loss (Young, C. 2013). Different cultures There are many different cultures all around the world that handle  their employees differently. Individuals take time to celebrate their prospective cultures that have a particular meaning for them. Leaders that do not implement group interactions or celebrations could lack the reinforcement of a common purpose for different cultures. The organization have to get involved in each culture collaboration. The cultures in communities are many, such as the Chinese community which is the largest and the fastest growing group among Asian and Pacific Islander populations. It also has many different dialects that a leader and organization must understand. Furthermore, there’s the African American Community and the Central American Community. The African American Community has a group history of oppression and survival also affects the way it is organized. The networks and organizations that form to protect the rights of their members influence the way in which members of the group organize for self-help. It is important for an organization to know about their history and celebrated it accordingly. Lastly, there is the Central Americans who fled from poverty and oppression in their countries to seek a more secure and better life in a new place here in the United States. Challenges that leaders face in respecting the cultural differences Some of the challenges that a leader may encounter are not knowing the unknown and how to deal with tension among the groups when resources are limited. Another challenging situation that will likely to confront the leader is struggling with immigrants whose culture, institution and tradition are not readily familiar to most mainstream groups. Some of those cultures may not have community groups with leaders. Therefore, there is no organization or guidance. Culture typically refers to a set of symbols, rituals, values, and beliefs that make one group different from another. Culture is learned and shared with people who live or lived in the same social environment for a long time. Provide best practices for overcoming these challenges There are several best practices that can help the leader to overcome those cultural challenges. Kouzes Posner discusses that Reflection and Action can help when social interactions required to uphold individuals or groups to a high standard. People are asked to go beyond their comfort zone, so as a leader you should set the example by getting personally involved in the celebrations of varies cultures ( Kouzes Posner, p.329, 2013). Some other  best practices may include Plan a celebration today, reinforce core values in your celebrations. A leader need to start the celebration right now and don’t procrastinate. Understanding those cultures now will make for a better transition of understanding. Lastly, a leader should understand the cultures values and what they aspire to realize ( Kouzes Posner, p.331, 2013). Being innovative and obtaining values and loyalty are key factors that will enable a leader to be successful in dealing with multiple cultures. SDLP I will implement my understanding of connecting celebration, community and commitment to my professional career. I have a clearer picture of how to bond and recognize those employees who work hard and treat them like an individual should be treated. I will go a step further in implementing a framework that will celebrate the key values of my staff when they go the extra mile to achieve their goals. My commitment to them will highlight and reward them not just internally, but publically as well. I know that this will be a motivation tool that can help shape the future of me as a leader and my organization. I will document my newly found knowledge of celebrating a community in my SDLP.

Aristotles Theory of Morality

Aristotles Theory of Morality Free Online Research Papers Aristotle (384 BC – March 7, 322 BC) was an ancient Greek philosopher, who studied with Plato and taught Alexander the Great. Aristotle believed the task of ethics was to find the highest and best good in human life. All human activities aim at some higher end that we consider good. For example, we study to get good grades, then to be posted to a university, and so on. Most activities are a means to a higher end. The highest human good, then, is that activity that is an end in itself, which Aristotle believes is happiness. Not simply pleasure or any kinds of subjective state, for these are all temporary. When we aim at happiness, we do so for its own sake, not because happiness helps us realize some other end. The happiness Aristotle envisions is a human being â€Å"living well† and â€Å"flourishing†, which carries connotations of success and fulfillment. Happiness depends on living in accordance with appropriate virtues. Virtue is a disposition rather than an activity. That is, a virtuous person is naturally disposed to behave in the right ways for the right reasons, and to feel pleasure in behaving rightly. Once someone has a virtuous moral character, he will naturally be disposed to do the right things, thus making virtuous and morally correct actions. To Aristotle, ethics is not a list of dos and don’ts, nor is it merely a matter of fulfilling your duty (Kantian), not is it merely achieving the best consequences possible with your actions (the utilitarians). Aristotle believed virtue was a mean state between the vices of excess and deficiency, in the case of any particular passion or emotion. For example, the virtuous mean of courage stands between the vices of rashness and cowardice, which represent excess and deficiency respectively. Aristotle lists the following as moral virtues: courage, temperance (moderation), liberality (moderation in giving and taking money), magnificence (correctly dealing with great wealth or power), pride (claiming what is due to you), gentleness (moderation with respect to anger), agreeableness, truthfulness, wittiness and justice.1 However not every action or passion has a mean, as some are wrong no matter what the situation, such as theft, murder, arson. It is not possible to be right with regard to these actions, one must always be wrong. The Aristotelian ethics is advantageous in the sense that they are generally easy to apply, and are more accurate in reality. For example, being virtuous is the most important goal of a human being’s life. Also, it is easy to follow the theory of ‘vices of excess and deficiency’ and apply it in real life. Aristotle assumes the ability of the virtuous person to recognize the best course of action, and a person’s pursuit of eudaimonia (happiness), rightly conceived, will result in virtuous conduct. However, there are some weaknesses in the theory. Aristotle states that living according to virtues is often not enough to guarantee a happy life. Another prerequisite (in addition to virtuous behaviour) is good fortune which brings one the goods necessary, but not sufficient, for a happy life. Another prerequisite for a happy life is health, which is also desired for its own sake. For Aristotle even the most virtuous of men can be denied happiness through the whims of fortune. As a consequence, one cannot be sure of achieving happiness until one’s life is fully played out. It can also be inferred that living a good life does not only require behaving virtuously, but also requires some strokes of good fortune or even luck. This can be perceived to be a weakness, or inconsistency in the theory, as Aristotle firmly advocates that virtue alone brings happiness. However he also acknowledges the weakness in the theory. I feel that his theory on ethics is one of the best ones we can follow as it is thorough in almost all aspects, and also strives for the best good for the human being (achieving eudaimonia). The ‘Golden Mean’ Theory is also highly accurate in real life, albeit the few exceptions which are always wrong (e.g. theft). It is a highly efficient guide to pursuing the best moral character possible. Sources: 1 â€Å"Aristotle lists the following as moral virtues: courage, temperance (moderation), liberality (moderation in giving and taking money), magnificence (correctly dealing with great wealth or power), pride (claiming what is due to you), gentleness (moderation with respect to anger), agreeableness, truthfulness, wittiness and justice.† Adapted from http://en.wikipedia.org/wiki/Nicomachean_Ethics Research Papers on Aristotle’s Theory of MoralityComparison: Letter from Birmingham and CritoCapital PunishmentArguments for Physician-Assisted Suicide (PAS)Effects of Television Violence on ChildrenHonest Iagos Truth through DeceptionThe Effects of Illegal ImmigrationAnalysis Of A Cosmetics AdvertisementRelationship between Media Coverage and Social andLifes What IfsAssess the importance of Nationalism 1815-1850 Europe

Lord of the Flies compared to Famous Philosophers essays

Lord of the Flies compared to Famous Philosophers essays Lord of the Flies compared to Famous Philosophers A plane full of military boys crashes into the ocean. The boys struggle for safety and are soon stranded on a deserted island. They elect a leader and all is well until controversy arises. The group splits and two types of governments are formed. Many things about Lord of the Flies can be compared to several different philosophers throughout history. Aristotle, a Greek philosopher born in 384 BC, believed that slavery is a piece of life property and it is a natural institution. In Lord of the Flies, Jack treated the people on his side like they were slaves. Jack even whipped one little boy for doing something wrong. Ralph said to the twins, who had joined Jacks side, Youve got to stand up to him, or youll just be another one of his slaves. Nicolo Machiavelli, a 15th century Italian philosopher, focused on a monarch government and believed in a dictatorship. When Jack separated from Ralph, he went on to create a dictatorship. He was the leader and people had to follow him. Before too long, he didnt hardly have to do any work, because of all the people that he had corrupted into doing all the work for him. Thomas Hobbs was a 16th century man from England. In his book, Leviathan, he wrote that man is selfish and will battle for power. In one scene Jack had the twins say, The chief has spoken to convey that he has the pow er and he is the boss. John Locke, a 17th century British Philosopher, believed in protecting the rights of people, just like Ralph wanted to do with Piggys glasses and the safety knife that were both eventually taken. Also, he felt that everyone had the right to speak their mind. Ralph and the other boys came from a military school, where they probably couldnt speak there mind like they would have liked, so giving the boys the right to speak whenever they held the conch shell, gav...

Why Online Education Is Bad Research Paper Example | Topics and Well Written Essays - 2750 words

Why Online Education Is Bad - Research Paper Example The advent of computers along with internet has attracted so many people to web-based schools otherwise known as e-Learning or virtual learning or online education. VLE is simply called Online Education in this research paper. Usually, there are seven main reasons why students particularly value online education and supported Home Education as a serious alternative to attending physical schools and colleges: Worldwide residents / expatriates wanting a British-style education, but not satisfied with local provision, or living too remote for the desired schooling; Disability or health issues - either of the student, or a close family member; Confidence issues, perhaps associated with: Bullying in a mainstream school; High achievers and independent learners, perhaps with less common learning styles; School "refusers"; Philosophical, social or religious principles. To further confirm some of the findings, presented in this paper the researcher had ventured to do his own survey and found out a similar negative feedback about Online Education. Indeed, the greater majority, 75% showed dissatisfaction for the online instructors. 63.16 % believed in the importance of social interaction as a major part of education. Of those who took online education, 72.7 % believed that their chances for employment will be worse if they base it only on their eLearning courses. The survey of the researcher therefore affirms the information, that Online Education is bad for those who plan to apply for employment soon after finishing a degree in college.

Chinese Popular Culture Essay Example | Topics and Well Written Essays - 1500 words

Chinese Popular Culture - Essay Example This has lead to the turn of events among the citizens of the country whereby the workers have been laid off from their duties in various state owned companies. The presence of unemployment in the People’s Republic of China has led brought about the growth of personal challenges for unemployed workers and human resource policy challenges for the government. The unemployed population must find a way to cope up with the sudden change of their livelihood by searching for a similar means of making a living. In this paper, will focus on how college graduates deal with unemployment and how crime and corruption, along with social stability and mobility play a role in the PRC today. Furthermore, a detailed explanation of how unemployment creates serious problems with access to housing, education, and basic social services in the People’s Republic of China (Latham, 1-35). The employment situation in China for new college and university graduates seems to be unusual compared to t he present working group. The presence of the graduate unemployment crisis in China portrays the possibility of the wasteful investment of scarce resources. This is due to the factor that plenty of capital has been invested in educating unemployed graduates, which could or else have been invested in job-creating productive programs in the country. The presence of a large population of unemployed graduates makes the job market be very competitive. Furthermore, the graduates are also to be blamed in this issue because they always have negative expectations under the pressure of seeking jobs. According, to surveys done by various research houses in the People’s Republic of China most of the graduating students prefer to get an employment contract first, then they would later reflect on pursuing a new job position which is what they really desire to be employed for an average of two years. This assumption by the graduating students makes it possible for the emergency of the under employment and high turnover in the job market. In addition to this, the students will have lower levels of job satisfaction, job involvement, work commitment, and internal work motivation. Therefore, these issues will also bring the issue to the employers at the long run (Sato, 40-45). The People’s Republic of China seems to be experiencing the extreme increase of college graduates has outpaced the structural transition and rashly shifted the labor supply from semi-skilled manufacturing workers to more knowledge- intensive service professionals. This makes it the main reason for experts in the field and various scholars to emphasize that China requires extensive vocational training and industry engineering skills, which will help the country in solving its need for having manufacturing workers. Recently, a debate has emerged that economists say that the current situation of unemployment in China seems to portray that the country is running out of surplus labor. The presence of the unemployment population among the youth is a very complex social problem whereby it must be solved urgently. In the People’s Republic of China, the youthful population is termed to be highly educated because most of the youth are graduates. According to the nature of the economic status of the People’s Republic of China, the graduates are unwilling to choice factory work whereby they opt to compete for office-based positions. It is evident that graduates are four

Porters Five Analysis: Advantages and Disadvantages

Porters Five Analysis: Advantages and Disadvantages Usefulness of the strategic models Why are models commonly used in strategic management what model are, provides, usefulness, strategy making, Strategy Johnson et al. (2005, p. 9): Strategy is the direction and scope of an organisation over the long term which achieve advantage in a changing environment through its configuration of resources and competences with the aim of fulfilling stakeholder expectation. Uvod Strategic decisions are long term decision based on scope of companys activities made in order to obtain advantage over competition. Johnson et al (2005, p. 10) says that such decision have certain characteristics. They are complex in nature, are made in condition of uncertainty. These decisions have impact on operation decisions. They require integrated approach from managers to deal with strategic problems. Strategic decisions which are made without previous analysis but as some kind of individual notions or wishful thinking are consider to be vulnerable issue. Identifying the root of strategic analysis is difficult. It does not provide us with prescription of what strategy to implement. Companys strategic decisions are too complex for programming. Thus, author says that helping to understand issues is the aim of strategic analysis not to give answers. Model is the framework for recognizing, understanding and categorising factors applicable to strategic decisions (Grant, 2008, p. 27). Models were developed in order to solve usual problems and challenges in business. The general advantage of model is that they smooth differences between abstraction and real practise. They pose a new way of seeing a particular situation and resolving this situation. The common use of the model can be explained by their characteristic. They are projected to solve exact problems and increase efficiency. On the other hand no model can secure that by their implication solving the problem will be hundred percents successful. They are just framework which gives understanding and options for making right decision and diminish uncertainties (Assen et al, 2009). Theories, analytical tools were not made in order to replace inventiveness or experience. Their significance lies in managing discussion, processing information and opinions and supporting communication and agreements. Managers are more confident and effective in reacting on new circumstances and issues as they use models (Grant, 2008, p. 27). There are many models in strategic management which were developed on different bases in order to solve different needs. Every model focuses on various factors some are made to look at eternal surrounding of businesses as industry and market. Some models analyse inner capabilities or structure of organisation. Company chooses the models according its specific needs and what problem wants to solve. If the organisation wants to analyse its external environment it can use PESTE analysis. Industry analysis enables managers to understand how external issues influence companys performance and operations. When managers want to look better on companys product range in order to take right step to the future it can use the Boston Matrix for it. This model helps company in situation as decision making about investments to products portfolio. It guides the company what steps to take if the product is in particular stage e.g. if it star company should keep it and invest to its promotion (Keler-Si lver, 1997, p. 40). In the case of core competencies model it is advised that company should switch from portfolio planning and evaluation of individual businesses to exploring the collective capacity the whole company has. The model encourages company to stop doing activities which are not its core competencies. The confirmatory activities can be e.g. outsourced. By using this model an organisation can identify and improve the cross-company competencies. Thus it can bring new opportunities for success in the market (Keler-Silver, 1997, p. 50). Scenario planning is strategy model based on exposing various possibilities which might happen in the future. Thus it represents a context in which managers can make decisions. As they can see a scope of possibilities they are better informed and decision are more likely to be successful. The scenario planning is mostly used for understanding the dynamics of environment, identifying new openings, evaluating strategic alternatives and for taking long-term decisions. Managers can discover and consider the unsure aspects of future (Assen et al, 2009). One of the models which consider the root of competitive advantage in business is the Kays distinctive capabilities model. The model presents resource-based theory and sees a company as set of asses and capabilities. The model helps to identify distinctive capabilities which are the core of companys success. This model provides a useful tool when company make decision about redefining its strategy. It is used to widen awareness of the sources which made company competitive and to sustain these sources (Assen et al, 2009, p. 30). On the other hand Kare-Silver (1997) argues that the competitive environment has changed and the models are insufficient and shortcoming todays management. He says most of them are too theoretical, superficial and confusing and they are not enough helpful in todays environment. Further he gives the seventh criteria according to which models should be developed to meet current needs. The criteria are reflecting the business realities, starting with customers, rooted and immersed in market understanding, practical, specific, encouraging a long-term view and measurable. Author adds that it is crucial for organisation in current changing conditions to rediscover and redefine its strategy. Organisation needs to know direction in which to go and relying on strategy model is not a response. In conclusion we can say that decision making process is very challenging and requires complex view. Model provide useful tool for simplifying and mainly for making it more effective. However they do not ensure the real effect will be same. Description of Porters Five Forces Model of Competitive Strategy Formulating competitive strategy necessarily needs to analyse the company within its environment. The model is based on analysis of companys external environment. However the relevant environment is wide, the model is focus on organisations surrounding as industry in which it operates. Industry structure has powerful impact on competitive direction thus it is inevitable to analyse it. Five basic competitive forces determine the competition in an industry. The strength of the forces is to drive profit in industry in way of long term return on invested capital (Porter, 1980 p.3, 4). Next Porter says: The goal of competitive strategy for a business unit in an industry is to find a position where it can best defend itself against these competitive forces or can influence them in its flavour. Johnson et al. (2005, p. 78) refer to five forces as sources of competition which evaluate the attractiveness of industry. Authors give several points which company should take into account when using this model. When organisation has varied activities the framework needs to be used at the level of strategic business unit as for each of unit can be the impact of forces different. Next, it is inevitable to understand relations between five forces as well as macro-environment factors. As forces are not separate changes within one force influence other forces. It is a dynamic process of shifting source of competition. According to Luffman et al. (1996) the power of Industry competitor is consider to be the most important force of the model. Industry is in permanent change as every firm wants to success and it looks for opportunities to achieve it. Obviously, not all decisions lead to getting advantages some remain failure. There are many issues which influence the competition between companies as size of the company, industry structure and concentration, product differentiation and variety of rivals. Competitive rivalry is also determined by numbers and qualities of competitors. In situation of many companies in the industry which sell nearly equal product, the firm has a low level of power. Conversely if companys product is unique, it is an enormous strength (Kilde, 2005). Buyer power poses the rate of influences of costumer on pushing price down. The size or number and concentration of buyers are the most significant determinants of buyer power. Other factors include the level of information or differentiation of competitors (Karagianno et al, 2005). There are situation in which buyer power tent to grow as a low switching cost for buyer to move to another seller, when the product is not differentiated or product failure to perform its primary function. In case of trading with small number of strong buyers they tend to dictate conditions to sellers (Luffman et al, 1996). The extent to which supplier drive price up, is reflected in Supplier power. The numbers of input suppliers, product specificity or switching cost determine supplier strength. When company has few suppliers or choice of suppliers is narrow, the supplier power is high. Question here is how easy company can change its suppliers. Grant (2005, p. 83) says that suppliers of raw materials or components are mostly small companies so their bargaining power is low while suppliers of commodities enhance their power through cartelization. Same it is with labour union. If there is a high percentage of a unionised employee within an industry their supplier power is high and companys profitability is lowered. Substitutes are alternatives of product so they decrease demand for product. According to the value they give to consumer their power can be higher or lover. Johnson et al. (2005, p. 78) indicate these forms of substitution; product-for-product substitution, substitution of need when new product or service make previous unneeded and generic substitution means that product competes among others for consumer income to be spent on it. It reduces companys power when its product can be easily substituted. An attractive industry tempts other companies to enter. Threat of new entry represents the capability of new companies to enter and be able to compete in industry. The process of entering is easier for new companies and consequently it becomes a greater threat for existing companies when there are no economies of scale, industry is not capital intensive, access to distribution channels is open or there is a little protection of technology. On the other hand when there are strong barriers existing companies can keep their position. Difference between new entrants and substitutes is that new entrants when successfully enter industry will offer nearly same product. Thus, it is a bigger threat to company (Luffman et al, 1996). Thompson et al (2007, p.54) describe the way of using the model for identifying the essence and strength of competitive pressures within an industry. They divided it into three steps. The first step is to recognise particular competitive strengths related to every force from the model. Secondly, evaluation of the pressures takes place. It is essential to find out how strong they are i.e. strong, moderate, and weak. The last step is to decide the contribution of strengths on achieving profits. Evaluation of strengths and weaknesses of the model Porter (2008, p.80) says this importance of the model: Understanding the competitive forces and their underlying causes reveals the roots of an industrys current profitability while providing a framework for anticipating and influencing competition over time. He adds that effective strategic positioning can not be made without knowing industry structures. To avoid a subjective position for evaluation of the model we look at other authors views. The most significant strength of Michael Porter Five Forces model is that it remains best known and commonly used model in strategic management even after twenty years of it introduction. The simplicity is also consider to be a strength of the Five Forces model as it is easy to use and provides understandable way of market forces analysis (Kare-Silver, 1997, p. 46). According to Brandenburger (2002), the Porters Five Forces model remains to affect the scope of business strategy both in the education field and also in practise of organisations. He emphasises that the model is certainly the most known and used from competitive strategies. The reason is that it provides an obvious picture of important activities of firms. The model describes all movements from suppliers of resources through company to consumer. The role of company is stressed as it is the unit where value is created. On the other hand, suppliers and customers are consider to be necessary in such chain. The model provides useful information for three issues of companys planning, according to Recklies (2001). Firstly, it enables to determine the attractiveness of an industry. Consequently the model helps to make decision about entering or leaving industry. Further, its usefulness lies in comparison the impact of the competitive forces on the organization with the impact on rivals. Secondly, when company knows about the power and intensity of models forces it is able to come up with possibilities for improving its competitive position e.g. differentiation, strategic partnership. Thirdly, the author says that the model with combination with PESTE analysis which influences changes in the industries, the Five Forces model can indicates the trends within the industry. Hill and Jones (2007, p. 66) also talk about importance of microenvironment. Forces in the model are not constant because they are determined by wider macro-environment as economic, politic, social and technological forces. These have evident impact on the model forces and consecutively on the whole industry. The role of macro environment is important but it is the subject of the PESTE analysis and we will not discuss it closer. According Lynch (2000, p.131) the model presents effective way of analysing the environment and it is recommended to use it as the firs step of company strategy development. He points out its real relevance as results are presented in logical and structured way. Hill and Jones (2001, p.97) see the model as very useful as it can be used to analyse character of competition within industry and for recognising opportunities and threats. Opportunities and treats represent the external part of SWOT analysis so we can see the clear connection of Five Forces model with another model. Another advantage of the model is that it looks on organization and industry through a wide range of aspects which are included in the models five forces. Thus, it is systematic approach for analysing the current situation of business and plan strategy (Oliva, 2002). For better picture of the model and to underline its strengths we look at an example of bank sector and examine the impact of launching the Internet banking in Five Forces model context (Siaw, Yu, 2004). In the terms of threat of entry force, the Internet banking enables small banks to enter the industry. Scale benefits are removed and network of branch is less important as there is direct access to customer in more suitable way. Bargaining power of buyers increases as they have more choices. Switching cost decrease because product has become more undifferentiated and standardised. As far as rivalry is concern, the differences between banks are smoothed as size of a bank is less important. Further providing services through the Internet is cheaper than using traditional distribution channels. Internet banking increased supplier power. Banks acted as supplier before. Now they pose intermediaries which enables access to range of products and delivery channels. Switching costs are high for bank if it is dealing with big customers. Such analysis helps manager to understand how the Internet influences five competitive forces. Existing banks using the analysis periodically can evaluate changes within the industry. Potential entrants can assess if the enter into industry will be profitable for them. Overall the analysis is useful in competitive strategy formulating (Siaw, Yu, 2004). Besides numbers of advantages the model is subject of many critiques. According Grant (2002, p. 89), the theoretical bases of the Porters Five Forces model are the most criticised by economists. Furthermore doubtful theoretical foundation, there are limitations because of static character of the model. Industry structures are considered to be stable and determinate by external forces. Grant (2002, p. 89) says that: Industry structure drives intensity of competition, which in returns determines the level of industry profitability. Therefore industry structures cannot remain unchanged in dynamic process of competition. Another issue which Grant points out is missing empirical evidence of importance of industry environment for company profitability. Faulkner and Campbell (2003, p. 249) also criticise static character of the Five Forces model saying that industry structures are continuously changing because of competition between firms and strategies adoped by companies within the indust ry. Static character of the model is also pointed out by Lynch (2000, p. 131), he says that forces are constantly changing and the moves could be more rapid than the model explain. Next critic which Lynch expresses is about the buyer power. The model assumes that this aspect is as equal as others factors while he argues that buyers should be got greater importance. According to the model, the environment is viewed as a threat to a company however some organisations see co-operation with others, especially with suppliers, very beneficial. Faulkner and Campbell (2003, p. 249) express their view to this question, too. They criticise Porters view on rivalry and competition between companies to be more essential than possible interaction as joint ventures or alliances. Lynch also questions the fact if it is sufficient for company to create its corporate strategy just after applying the Five Forces model. Further critics of model presented by Lynch consider its ignorance of human aspect o f strategy. The model overlooks features as country cultures or management skills. The presumption that companys own interests are primary might not be correct for some charitable and government institutions. Hill and Jones (2001, p. 97) reveal two weaknesses of the five forces model. The first is, as the other authors say, about its static character however they enhance their critique to disregarding the role of innovation. Innovations represent driven force of competition within the industry. As any company comes up with new product, technology or process it can gain great competitive advantage and earn profit. Another function of innovation lies in converting industry competition. As the production costs could be cut down due to e.g. new technologies, the barriers to entering the industry are removed and small companies can also access the competition. They provide example of the steel industry where after introducing technology as electric arc furnaces, the characteristic oligop oly industry became more price competitive and fragmented industry and smaller companies can also compete. Porter (2008, p.86) does not see innovation itself as a strong factor which can make industry profitable. He argues that often industries with low technology, high switching costs or price intensive buyers are more profitably than attractive software or information technologies ones. Because the model is static, all changes, which arise in the industry, cannot be recorded. Hill and Jones (2007, p. 66) conclude: The Five Forces model is of limited value because it represents no more than snapshots of a constantly changing situation. Thus, managers must constantly repeat industry analysis and pay attention to changes in the forces of competition. As far as the second critic is consider, same as Grant (2002, p. 89), Hill and Jones (2001, p. 97) talk about overrating the role of industry. Industry is given too much importance as the determinant of organisation profit while the differences between individual companies are neglected. Companies profit within industry varies and it has been detected that only 10% to 20% of differences is explained by industry structure. Consequently, we can say that companys own capacity and resources are more significant for profitability than industry in which it operates. None of company will be successful just because it is in the at tractive industry. Companys strategic resources as intangible assets, brand name are critical for analysis and strategy making (Crook at all, 2003). Other authors who agree that the Porters model is completely focus on external environment rather than internal resources of a company are Faulkner and Campbell (2003, p. 249). They criticise Porters view on outside environment as a root of firms success. Their another critique consider the application of industry analysis to individual company. This might not be as successful as first thought. In spite of critics authors admit that the Porters model of industry analysis stays as one of the most significant model of strategic management even though it has been introduced twenty years ago. Further shortcoming of the Porters model is that it was meant for industrial companies g.e. Coca-Cola, Ford Motors or Dell, not for knowledge based firms in field of advertising, consulting or legal. Manager of these companies bear some risk by using this tool and it is recommended to alter the model according to needs of such firms (Sheehan, 2005). Recklies in her article Porters 5 Forces (2001) indicates various criticisms. Besides acknowledgement that the model is static and it does not take into account co-operation between companies, the author gives also other critiques. As the model supposes perfect market, it has limited application in more regulated industries. The model fits the best to analyse simple market structures. In the case of complex industries with numbers of interrelations it is very complicated to analyse all five forces. On the other hand the author alerts that too narrow look on one segment in such industry can cause oversight of important factors. She concludes, as well as others authors, that the Five Forces model present a tool for managers to view the current situation of the industry in easy and understandable way and it is a good beginning for additional analysis. Recklies in her another article (2001) says that one of the reason for critics are todays changed economic circumstances. The model is found on the situation in the eighties. Cyclical developments, steady market structures and strong competition are typical for this time. Nowadays, technologies, the Internet and e-business application are seen in all industries and it transforms industry structures. This is the reason why the model cannot be used to explicate today dynamic changes and she adds: It is not advisable, if not to say impossible, to develop strategy solely on basis of Porters model. Downes realised the same trend and in the article Beyond Porter (1997) he introduces three new forces digitalization, globalization and deregulation as current issues which influence businesses. The new forces are seen in business activities as they are moving from physical world to computerised networks. According to Downes new strategic framework and analytical tools are essential to apply. Digitalization enables firms to gain access to greatly more information than before on the other hand it pose the treat of unfamiliar and unpredictable competition. Due to Globalization even local companies are able to become global as logistic and communication improved. Deregulation also opens up new possibility for company e.g. restructuring, more open international market. More others authors argue that the model should be extended about another force. They have various views on what it should be. Hill and Jones (2007, p. 57) see the sixth force as complementors. Complements are considered to be determinant of demand for products thus having a satisfactory supplier affects companys profit. Attractive complementary products create value and opportunity for company within an industry. On the other hand inefficient complementors pose threat and they are cause of slow industry development and low profitability. Also Grant (2005, p. 103) see complementors as significant impact on companies competitiveness and refer to them as to the sixth force. In the case of close complements of products, products have low value separately as consumer wants the whole. Question is how the value is divided between producers. The most common the supplier with stronger market position who is able to lower the value of other complements, gets much of profits. Karen-Silver (1997, p. 46) argues while current competitive environment calls for new forces to be consider, the original core i.e. five forces stays the most powerful. Porter (2008, p. 86) agrees that there are other important issue within an industry but he refers to them as to factors not forces. He presents factors like industry growth rate, technology and innovation, Government, complementary products and services. In addition he says: It is especially important to avoid the common pitfall of mistaking certain visible attributes of an industry for its underlying structure. In summary, Michael Porters models do not have the influence they used to have any more. New economic laws came up and other drivers stared to transform markets. Nevertheless, that does not mean that Porters theories became invalid. All we have to do is to apply them with the knowledge of their limitations in mind and to use them as a part of a larger framework of management tools, techniques and theories. This approach, however, is advisable for the application of every business model brand-new or old, from Porter or from somebody else, and in every economy Bibliography Assen, M., Berg, G., Pietersma, P., (2009) Key Management Models: The 60+ models every manager needs to know. Essex: Pearson Education, UK 2nd ed. Brandenburger, A., (2002) Crook, T.R., Ketchen, D.J., Snow, C.C., (2003) Competitive Edge: A Strategic Mnagement Model, .pp. 44-53 Downes, L., (1997) Beyond Porter, The Context Magazine. Available at: http://www.contextmag.com/setFrameRedirect.asp?src=/current/archive.asp Faulkner, D., Campbell, A., (2003) The Oxford Handbook of Strategy: Strategy overview and competitive strategy. Oxford (New York): Oxford University Press, USA, pp. 248-250 Grant M, R., (2002) Contemporary Strategy Analysis: concepts, techniques, application. Oxford: Blackwell Publishers, UK, pp. 89 Grant (2005) p. 83 Hill, C.W.L, Jones, G.R., (2007) Strategic Management: An Integrated Approach. 7th ed. Boston: Houghton Mifflin, USA pp. 46-67 Hill, C.W.L, Jones, G.R., (2001) Strategic Management: An Integrated Approach. 5th ed. Boston: Houghton Mifflin, USA pp. 97-98 Johnson, G., Scholes, K., Whittington, R., (2005) Exploring Corporate Strategy: Text and cases. 7th ed. Essex: Pearson Education, UK Kare-Silver, M., (1997) Strategy in Crisis: Why business urgently needs a completely new approach. London: Macmillan Press, UK pp.45-47 Karragiannopoulos, Luffman, G., Lea, E., Sanderson, S., Kenny, B., (1996) Strategic Management: An Analytical Introduction. Oxford: Blackwell Publishers UK, pp. 48-55 Lynch, R., (2000) Corporate Strategy. 2nd ed. Essex: Pearson Education, UK, pp. 124-132 Oliva, A.R., (2002) A Framework for Success, Marketing Management jan/feb. pp.39 42 Porter, M., (2008) the Five Competitive Forces that Shape Strategy, Harvard Business Review. Recklies, D. (2001) Porter 5 forces, Recklies Management Project GmbH, Available at: http://www.techba.com/training/course2/LinkedDocuments/Porters%205f.pdf Recklies, D. (2001) Beyond Porter ACritique of the Critique of Porter, Recklies Management Project GmbH, Available at: http://www.themanager.org/Strategy/BeyondPorter.htm Sheehan, N.T., (2005) Why old tools wont work in the new knowledge economy, .. . 26 (4), pp. 53 60 Available at: Siaw, Yu Thompson The Introduction and History of Dabur Nepal Pvt Ltd: The Introduction and History of Dabur Nepal Pvt Ltd: Dr. S.K. Burman set up Dabur in 1884 to produce and dispense Ayurvedic medicines reaching out to a wide mass of people who had no access to proper treatment. Dr. S.K. Burmans commitment and ceaseless efforts resulted in the company growing from a fledgling medicine manufacturing in a small Calcutta house, to household name that at once evokes trust and reliability. There are many stores in different region and country. As a reflection of its constant efforts at achieving superior quality standards, Dabur became the first Ayurvedic products company to get ISO 9002 certification. Reinforcing its commitment to nature and its conservation, Dabur Nepal, a subsidiary of Dabur India, has set up fully automated greenhouses in Nepal. This scientific landmark helps to produce saplings of rare medicinal plants that are under threat of extinction due to ecological degradation. There are various product manufactured by this company in Nepal. Daburs Health care range brings for you a wide selection of Ayurvedic and natural products that offer complete care for varying individual needs. Our product are derived from the time-tested heritage of Ayurveda and backed by the most modern scientific test and trials that ensure no failing quality and safety in anything you pick. The guiding force behind Daburs growth and success has been the wealth of nature and its limitless capacity to support life. And we have constantly taken care to preserve and protect this natural bounty with this overall vision of and to eco-sustenance, expand Daburs resource and production base, Dabur Nepal Private Limited was set up as an independent Group company in 1992. This new company, set amidst the verdant greens and towering mountains of the Himalayan kingdom of Nepal, has established a unique bond of technology and preservation. 2. Introduction to Financial Ratio: A financial ratio is a relative magnitude of two selected numerical values taken from an enterprises financial statements. Often used in accounting there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization. Ratio may be expressed as a decimal value, such as 0.10 or given as an equivalent percent value such as 30%. Some ratio is usually quoted as percentages. Different ratio measures different thing Liquidity ratios measure the availability of cash to pay debt. Active ratios measures how quickly a firm converts non cash assets to cash assets. Debt ratios measure the firms ability to repay long-term debt. Profitability ratios measure the firms use of its assets and control of its expenses to generate an acceptable rate of return. Liquid Ratios: Liquidity reflects the ability of a company to meet its short-term obligations using assets that are most readily converted into cash. Assets that may be converted into cash in a short period of time are referred to as liquid assets; they are listed in financial statement as current assets. Current assets are used to satisfy short-term obligations, or current liabilities. The amount by which current assets exceed current liabilities is referred to as the net working capital. Current Ratio: It is used to calculate that how many short term assets a company has to meet its short term obligations. Current ratio= current assets / current liabilities a) 1.6:1 for year 2005 b) 1.8:1 for year 2004 As we know that higher the ratio better the company has more liquid assets to meet its short term liabilities. There were sufficient amounts of assets available to meet short term liabilities in the year 2005 which was 1.6:1 so there were 1.6 current assets available to meet its short term liabilities and in the year 2004 the ratio was increased to 1.8:1 which was much better than in the year 2005. So the company had good financial status in the year 2004 than in the year 2005. Acid Test Ratio: The acid test ratio is also known as the liquid or quick ratio. The idea behind this ratio is that stocks are sometimes a problem because they can be difficult to sell or use. Acid Test Ratio: Current assets- closing stock/ current liabilities 0.8:1 for year 2005 1.1:1 for year 2004 As we know that higher the acid ratio, is comparatively better. So the acid test ratio in 2005 was not sufficient to meet its current liabilities but the ratio was about 1.1:1 in the year 2004 which was sufficient to meet its liabilities and hence the liquid ratio in year 2004 was much better than 2005. 2.2. Profitability Ratios: profitability ratio compares components of income with sales. They gives us an idea of what makes up a companys income and are usually expressed as a portion of each unit of sales. Primary Ratio Return on Capital Employed: It is used in finance as a measure of the returns that a company is realising from its capital employed. It is commonly used as a reassure for comparing the performance between businesses and for assessing whether a business generates enough returns to pay for its cost of capital. ROCE compares earning with capital invested in the company. ROCE= [PBIT/ Capital Employed]*100% a)14.58% for year 2005 b) 18.79% for year 2004 This shows that ROCE in the year 2004 has more profit gained than in the year 2005. Return on Total Assets (ROTA): A ratio that measures a companys profit before interest and taxes (PBIT) against its total net assets. The ratio is considered an indicator of how effectively a company is using its assets to generate earning before contractual obligations must be paid. Return on Total Assets (ROTA) = PBIT/ Total Assets a)0.097 for year 2005 b) 0.14 for year 2004 The rate of return on total assets was better in the year 2004 in comparison with the ratio 0.097 in the year 2005 because there was more profit before interest and tax with total assets. Secondary Ratio: Gross Profit Margin: this ratio is the percentage of sales left after subtracting the cost of goods sold from net sales. It measures the percentage of sales remaining available to pay the overhead expenses of the company. Gross profit margin=Gross profit/ Net sales a) 22.1% for year 2005 b) 23.9% for year 2004 It was seen form the above data that the gross profit margin in the year 2004 was better than in the year 2005 so the company had better profit margin in the year 2004. Net Profit Margin: This ratio is the percentage of sales dollars left after subtracting the cost if goods sold and all expenses, except income taxes. It provides a good opportunity to compare your companys return on sales with the performance of other companies in your industry. It is calculated before income taxes because tax rates and tax liabilities vary from company to company for a wide variety of reasons. Net profit margin: Net profit Before Tax/ Net sales 4.7% for year 2005 6.5% for year 2004 The ratio measure average profit on sales. The percentage net profit to sales for Dabur Nepal Pvt. Ltd was 6.5% in 2004 and 4.7% in 2005 which mean that each Rs1 sales made an average profit of 6.5 Rs in 2004 and 4.7 Rs in 2005. This shows the Net Profit margin was better in the year 2004. Assets Turnover: It is used to calculate revenue generated per amount of long term capital invested in the business. It is used to see how effectively the long term assets are being utilized to generate the revenue. It is given by Assets Turnover= Turnover/ Capital Employed 3.87 times for 2005 3.68 times for 2004 We see the result of 3.68 times for 2004 this means that turnover is 3.68 times bigger than total assets. For the year 2005, it was even higher at 3.87 times. So the total asset turnover ratio was better in 2005 than in 2004. Activity Ratio Inventory Turnover: Inventory turnover is a measure of the number of times is sold or used in a time period such as a year. The equation for inventory turnover is equals the cost of goods sold divided by the average inventory, inventory turnover is also known as an inventory turns, stock turns, turns. A lower turnover ratio defines overstocking a company and a higher turnover ratio indicates inadequate inventory level or less in business. A lower turnover of inventory is somehow beneficial for a production company like Dabur Nepal Pvt. Ltd. Inventory Turnover=cost of goods sold/ average Inventory a)3.51 for year 2005 b) 7.65 for year 2004 Unit inventory turnover is better for the company, which excludes the over stocking and under stocking/ deficiency. It can be possible when cost of goods sold and turnover inventory are equal. As the year 2005 shows 3.51 times turnover inventories which were better because less amount of stock was there in this year but in the year 2004 the inventory turnover was more which was 7.65. As form definition we know less the turnover ratio better the profit gain by the company. So the companys financial status was better in 2005. Debtors Turnover: It indicates the velocity of debt collection of a firm. In simple words it indicates the number of times average debtors are turned over during a year. Debtors Turnover= [Debtors/ Sales]*365 The two basic components of accounts receivable turnover ratio are net credit annual sales and average trade debtors. The trade debtors for the purpose of this ratio include the amount of Trade debtors Bill Receivables. The average receivables are found by adding the opening receivables and closing balance of receivable and dividing the total by two. a)20.50 days for year 2005 b) 22.17 days for year 2004 Accounts receivable turnover ratio or debtors turnover ratio indicates the number of times the debtors are turned over a year. The higher the value of debtors turnover the more efficient is the management of debtors. In the year The debtors turnover was 22.17 days in the year 2004 in comparison with this there was 20.50 days in the year 2005 so, the company took less days to collect its debt in the year 2005 than in the year 2004. As a result the company had better financial state in 2005. Conclusion: The turnover of the company has increased by 4.69% over the previous year. The net profit after tax has reduced by 2.28% over the previous year due to lower contribution margin. During the year company has invested Rs 24.65 crore on account of fixed assets. Out of which, major amount is spent towards installing a new packing machine in juice plant in flex pack and increasing cold store capacity. It has deposited off its fixed assets amounting Rs 4.51 crore during the year. Hence as a whole Dabur Nepal Pvt. Ltd has well financial status in year 2004 but all the ratios were affected by the political instability of politic in Nepal as well as by other effect of the company. References: http://www.dabur.com/EN/Investors1/Annual_reports/2004-05/Dabur-Nepal-fina-05.pdf http://www.bized.co.uk/compfact/ratios/ Course Work Managing Financial Principles and Techniques Level 7 Advanced Professional Diploma in Management Studies Submitted to: Course Tutor/ Assessor Muhammad Atif Majeed Submitted by: Kabindra Simkhada Id: 201093 London College of Business Information Technology Contents Net present Value 1 Pay Back Period 1 Internal Rate of Return 1 Post completion Audit 1 Methods of finance available for company A 2 Scatter diagram 3 Advantage of Scatter Diagram 4 Disadvantage of Scatter Diagram 4 Appendix 5 Forecasting total cost Net present value: Both incoming and outgoing of a time series of cash flows is defined as the sum of the present values of the initial investment. The NPV is similar to PV of future cash flows minus the purchase price. This is a central tool for discounted cash flow analysis and is a standard method for using the time value of money to appraise long term project. It is used for capital budgeting, economics, finance and accounting. It measures the excess or shortfall of cash flows. The net present value of the company A is $76,990. this means in an initial investment of $260,000 in a project for 5 years of period the profit gain in the project is $76,990. Pay Back Period In capital budgeting refers to the period of time required for the return on an investment to repay the sum of the original investment is payback period. The time value of money is not taken in account. It measures how long something takes to pay for itself. This term is also widely used in other types of investment areas, often with respect to energy efficiency technologies, maintenance, upgrades, or other change. Payback period is a tool of analysis is often used because it is easy to apply and easy to understand for mist individuals. It is useful for comparing similar investment. According to the project A we earn or get back our initial investment in 3 years 6 month of period and after that period all the money gained is profit. Internal Rate of Return (IRR) It is also called discount cash flow rate of return or simply the rate of return. The internal rate of return on an investment or project is the annualized effective compounded return rate of discount rate that makes the net present value of all cash flow form a particular investment equal to zero. It is commonly used to evaluate the desirability of investment or projects. The higher a projects IRR the more desirable it is to undertake the project. Assuming all other factors are equal among the various projects, the project with the higher IRR would probably be considered the best and undertaken first. At the discount rate of 7.10% the NPV of project is equal to 0. Post Completion Audit Post completion audit is a key example of an internal audit. In this process technical details are discussed briefly. The purpose of post-auditing is to examine how well or badly a project has performed after it has been implemented. This process may be taken at any stage after a project has been started and need not wait until after the project has been completed. It is important for the project to perform post completion audit. Following are the benefit of post completion audit. Improved quality of decision making: after feedback and suggesting changes that need to be made to the process of decision making Improved realism of project appraisals: this is to attempt to prevent biasing upward of cash flow in proposals. Identification of key variables: This after the event knowledge can help to identify what the actual key variables were compared with the ones that were thought to be the case before implementation More frequent project termination: although firms are often unwilling to stop unsuccessfully projects, it may be the logical thing to do. Performing post audit actually gives the information to make that decision. Following things are checked in post completion audit. Check whether the required quality has been achieved. The efficiency of the solution during operation compared with the agreed performance and standards. The actual cost of the project compared with the budgeted expenditure and the reasons for over or under expenditure identified The time taken to develop the solution compared with the targeted date for completion and reasons for a variance identified The effectiveness of any problems encountered and the effectiveness of the solutions generated to deal with them. If the project objectives have been stated in terms of learning outcomes, the extent to which these have been achieved would also be investigated. The audit would lead to the production of a report to the management, structured around the above points. Post completion is one of the important part of the project with the help of which we can verify whether the project meet the requirements, whether the project is completed or not. This is the basic requirements of the project now a days. Methods of finance available for company A Public limited Company is the company which gives services to the public. This company is non profitable organisation whose goal is to provide better and efficient services to the customer or public. A plc is a company that is able to offer its shares to the public which means it share its profit and public also take part or public are also the owner of the company. For long term sustain of the company finance are those that are needed over a longer period of time generally over a year. This company should give services to the public for long time. The methods of finance available for this company are as follows Shares: Shares relate to companies set up as plc. If a company want to expand the business then they can sell shares to the general public. This means any one can buy the shares in the business. Venture capital: Venture capital is becoming an increasingly source of finance for growing companies. Venture capitals are on the lookout for companies with potential. They are prepared to offer capital to help the business grow. In return the venture capital gets some say in the running of the company as well as a share in the profit made. Bank loan: as with short term finance, banks are an important source of longer term finance. Banks may lend sums over long period of time possibly up to 25 years or even more in some cases. The loans have a rate of interest attached to them. Using bank loan might be relatively easy but the cost of servicing the loan can be high. If interest rates rise then it can add to a business costs and this has to be taken into account in the planning stage before the loan is taken out. Government grant: some of the company get funds from the government. This could be medical sector, security sector etc which get its most of the funds from the government. Retained profit Owners Capital: some people are in a fortunate position of having some money which they can use to help set up their business. The money may be the result of savings, money left to them by a relative in a will or money received as the result of a redundancy payment. This is not enough sums to finance the business fully but will be one of the contributions to the overall finance of the business. Selling assets: By selling the assets like property, machine, equipment, other companies or even logos. In some cases it may be appropriate for a business to sell off some of these assets to finance other projects. Lottery funding: in UK the National Lottery might be a possible source of funds for some types of business. These businesses will mostly be charities or charitable trusts. The company that are not for profit business so any surplus they make is put back into the business to help develop and improve it. Scatter diagram A scatter diagram or scatter graph is a type of mathematical diagram using Cartesian coordinates to display values for two variable for a set of data. The data is displayed as a collection of points, each having the value of on variable determining the position on the horizontal axis and the value of the other variable determining the vertical axis. This kind of graph is called scatter diagram. This diagram mostly used for the experimental purpose. Different data collected from the experiment is plotted in the graph. If data exist that is systematically incremented or decremented by other, it is called the control parameter or independent variable and is customarily plotted along the horizontal axis. The measured or dependent variable is customarily plotted along the vertical axis. If no dependent variable exists, either type of variable can be plotted on both axis and a scatter plot will illustrate only the degree of correlation between tow variables. A scatter plot can suggest various kinds of correlation between variables with a certain confidence interval. Correlations may be positive, negative, of null. If the pattern of dots slopes form lover left to upper right, it suggests a positive correlation between the variables being studied. If the pattern of dot slopes form lower left to upper right. It suggests a negative correlation. A line of best fit can be drawn in order to study the correlation between the variable. An equation for the correlation between the variable can be determined by established best fit procedures. For a linear correlation, the best fit procedure is known as linear regression and is guaranteed to generate a correct solution for arbitrary relationships. The scatter diagram is one of the basic tools of quality control. Benefits of scatter plot are as follows The diagram shows the relationship between two variables where one variable is drawn at horizontal axis and other is plotted at vertical axis. This scatter plot is best method to illustrate the non linear pattern. This is the best method used for finding results in experiment. Disadvantages of scatter plot It is difficult to find exact value of the variables. To get the exact value we need more experimental values because of which this method is time consuming. It is difficult to get accurate result from more scattered data.