Thursday, October 31, 2019

Critical Analysis of Primary Sources Essay Example | Topics and Well Written Essays - 1000 words

Critical Analysis of Primary Sources - Essay Example The High Imperial Commissioner is almost envious of the fact that, England is always on the verge of development from its history to present. Major arguments of Zexu’s letter to the Queen of England However, the High Imperial Commissioner is not happy with the fact that, it is through trade that opium has penetrated to China, and affected a great percentage of its populace. In fact, Zexu (pp.3) complains that England is much more concerned with profits and not the harm that results from the sale of such harmful products. Worse still, the emperor did not stop at considering the woes by the Chancellor but was quick to brush him away. The High Imperial Commissioner of China complains that his country has dedicated a lot of energy to alienating use of opium in their country. In the letter to the Queen, Zexu (pp.4) complains that it is not fair that the country prohibits opium use in their country but is of interest to sell the same drug to other countries, China inclusive of them. The fact that England is well conversant with the harms of opium makes it extremely difficult for the Chancellor to comprehend. In his argument, it would be interpreted that the Chancellor would want England to reciprocate the efforts made by China to export useful goods to humankind. All the exports have been indicated to be of use to the country, unlike what England has been exporting. This, Zexu (pp.4), quotes to be inclusive of agricultural produce, Chinaware, amongst others. The fact that, England uses the imports from China to make as much as possible, results to the Chancellor’s need to ban their exports to England, as well as ban the markets for sale of Opium in the country. From an analysis of the major arguments portrayed by the Chancellor of China, it is valid to argue that that British government is out to manipulate other purposes of benefit to their own country in terms of acquisition of profits from ‘unfair’ commerce. Opium war is yet to undergo n umerous processes prior to complete abolition since it is only cultivated in suburbs that not only need to survive, but are not concerned with how much impact opium has on human life (Zexu, pp.5). The queen must take to her concern the ban on opium through complete uprooting these plants in all areas that are seen to flourish the business. Palmerston’s letter to the Chinese Ministers- Major arguments In his dispatch, British State Secretary of Foreign Affairs, Palmerston (pp.7) aims at responding to the China’s emperor complains on the pains inflicted on China by Britain. In the message, he aims at portraying the idea that the British government has already made a move to react on the case by sending a troop to apologize on behalf of the disturbing comments made by some of the British officials in the course of duty in the area. This move can arguably been indicated to improve the relations between China and Britain. This majored on the need by the British government t o maintain the good relationship that the two countries have enjoyed for a long period of time. The Chinese government had no issues on the Britons living in the country, but it dawned on the Chinese government that the Britons were taking advantage of the good will by the Chinese, through taking part in trade, and then shift the profits to its own country. With no treaty

Tuesday, October 29, 2019

Banking institutions in the U.S Essay Example | Topics and Well Written Essays - 250 words

Banking institutions in the U.S - Essay Example Banking institutions in the U.S need to hold the reserves that are the same as a portion of a number of the liabilities of banks that is owed to clients, this is popularly referred to as fractional reserve. This enables the banks to invest heavily from these funds collected from the depositors. This would reduce arising problems such as a bank run where several bank clients withdraw their savings and forcing the banks to go an extra mile of seeking an extra aid from outside. Banks must keep their Federal Reserve accounts to be in a position of lending their funds to another bank in case the need arises. The monetary policy needs to put all the measures in place to ensure that the lending banks do not overcharge each other when lending these funds. Also, the federal reserve banks should it keep itself updated with the general character as well as the extent of loans and investments of the member banks with the aim of determining whether a utilization is made of bank credit for the trading of securities, commodities or real estate. The Federal Reserve should improve its role in the nation’s retail including wholesale systems of payments, provision of diverse financial services among the various depository institutions. Retail payments mostly involve few dollar amounts reserved for individuals and the small enterprises while wholesale payments involve huge dollar amounts that involve big corporate clients and financial institutions.

Sunday, October 27, 2019

Household Appliance Engineering Report: Standing Fan

Household Appliance Engineering Report: Standing Fan Household appliances  Engineering report Making of stand fan. Due date:24/03/2017 The introduction This report explores and examines the history and evolution of the stand fan detailing how they work and the materials used. The purpose of the report is to illustrate the functions and special features as well as to provide information about the social, environmental, sustainability and cultural connection that rose due to development and use of the stand fan. As the time progressed, technologies have drastically changed, the use of polymers and smaller sized powerful motors have allowed the stand fan to be lighter as well as improved performance and lowered the manufacturing cost when compared to heavy metals and bigger motors used in the past. a stand fan is a common household appliance used for cooling an area it is basically a traditional fan set on an adjustable pole which is attached to a base, it also contains at least 3 wind speed range. The earliest model of fans appeared during the 1800s it was basically a bipolar motor attached to a six-leaf shaped flat brass blades. These early fans were either a unique, or an expensive appliance, used in large offices or wealthy homes. The decade of 1910-1920 brought major changes. Around 1910, electric fans were being made for residential use, they had six wings and ran on slower speed and the cages were now made with steel due to lack of brass as well as the blades were rounded in shape and shrank from diameter of 8 down to 5. Description A stand fan is a common household appliance they are much more effective and popular than other table fans as it can be adjusted to move up and down as well as its head oscillates till 180 degree or remain steady pointing at one direction. A stand fan is just like a normal table fan but its set on an extendable pole which is attached to a base. It has three speed settings and an on off button usually named as 0. This type of fans is usually placed at a corner of the room or in an advantageous location to achieve greater cooling experience. 2.1 How it works Stand/pedestal fan works with the help of an electric motor. A motor consists of coil of wire wrapped around a metal center and when electricity is passed through this, it produces rotational motion and a hub/cap connects the motor with the metallic/plastic blade which circulates the air around, these blades are shaped on an angle which helps to carry air from one point to another. The control box contains four switches three to control speed and one to turn the fan on or off. The extendable pole can be used to increase or decrease the height of the fan. 2.2 Assembly Slide the 2-off base cross sections together. Remove the screws from the center of the base cross section, and then fasten the fan pillar in position. Now unscrew and remove the plastic retainer that locks the two support sections together slide over and fit the plastic base cover. Set the height of the extension pole and then lock into position with the plastic screwed retainer. Set the motor and switch control section over the extension pole and secure into position with the locking screw. Remove shaft protecting cover and unscrew guard retaining nut/hub/cap anti-clockwise and remove. Take the rear-guard section and slide it over the threaded screw on the fan body (make sure, the handle on the guard is facing upwards). Screw on the plastic nut/hub/cap to secure the rear guard in place. Push the blade on to the motor shaft until it reaches the stop. Screw on the blade retaining cap/hub/nut in a clockwise direction to secure the blade in position. Hook the front guard on to the rear-guard section at the top. Secure the two guard sections together with the clips around the edges. The screw and nut at the bottom of the grille MUST be fitted. Components Guard (rear and front grill) it is a metal netting used to protect fan blades from any physical contact this protects the fan from any damage as well as the user. Motor it is the heart of the fan as it converts the applied electrical energy into mechanical output energy. Blade these are the paddle shaped objects connected to the motor which spins and creates airflow Hub/cap it is a device which connects the fan blade with the motor. Extension pole this is the component that makes stand fan special, it allows the user to adjust the height of the fan according to their preference. Head support frame this component gives the stand fan its feature of tilting its head up or down. Switch box/ control box this is the component which contains the electric circuit and switches which controls the speed of the fan as well as turn it on or off. Component Material made from blades Polymer/aluminum Rear and back grill steel Extendable pole Polypropylene polymer/ metal Screws Metal (carbon steel/stainless steel) and plastic 3.1 Materials materials component Why it is used? Polymer/plastic -blades -Screws -Hub/nut/cap -switch -it is used because plastic would be more safer and cheaper than metals as well as it will decrease the weight of the fan. Metal (carbon steel/stainless steel) -extension pole -screw -guard (front and back grill) -it is used to make the product more durable Advantages and disadvantages 4.1 Advantage They are very easy to assemble also put them away when you are not using it as you can separate the components easily. You can move them around the house easily and put them in an advantageous location. Due to its extendable pole, you can adjust its height according to your preference. It is cheap and you can assemble it yourself. Theyre lightweight and can provide cool air over large area. They can be easily cleaned. 4.2 disadvantage Theyve less safety for children as they might stick their finger inside the grill. Cooling range is smaller. theres too much noise when the fan runs in higher speed. Impact on society This household appliance had a great impact on the society and peoples life. As before the invention of pedestal/stand fan there was only mechanical fans which required people to apply energy physically to cool the temperature or circulate air. When pedestal/stand, fan was invented it made peoples life way easier. During the early stage of the invention these fans were only used in big offices or wealthy homes but when refrigerated air was used in commercial buildings the fan makers focused more towards residential use. Then these types of fans started to appear at everyones home. The invention of pedestal/stand fan made life of the people more easier as they were cheaper and easy to assemble as well as it didnt need much maintainance. Conclusion The making of the stand fan and different materials used in the stand fan has been explored in this report. Pedestal/stand fan is usually made of polymers and metals like stainless steel, aluminum. They are more advantageous than other table or ceiling fans due to its extendable pole which allows the user to increase and decrease its height according to their preference and also because its cheaper than ceiling fans as well as it is easy to assemble.

Friday, October 25, 2019

Essay --

Tracing back the history of accounting scandals, major corporate scandals not only hurt the economy but also crush investor confidence on investing in company. Majority of corporate scandal are create by greedy CEOs â€Å"cooking the books† to meet the number that they expected. In this case, Richard Scrushy is one of the greedy CEOs. This is a case of a falling American dream. Richard Scrushy, was a self-made son of the new South, a former teenage parent who hauled himself up from a menial job to become an emperor of the new economy. Health South Corporation is the United States’ largest inpatient rehabilitative hospital. Health South provide the service of rehabilitative care to patient recovering from all kind of conditions. It all started in 1984, the company is used to known as Amcare Inc. at the decade of 1990, Health South Corporation expanded in tremendous speed. At the year of 2003, Health South has expended to two thousand facilities in not only every state in United States but also United Kingdom, Canada, Australia, Puerto Rico, and Saudi Arabia. The company has recorded almost four and half billion U.S dollars in revenue, which dominated the entire rehabilitation care industry. Health South Corporation seems like a dream. Unfortunately, Health South Corporation’s accounting issue started to surface in the end of 2002. Richard Scrushy sold seventy- five million worth of stock a few days before the corporation announced a huge loss to the public. Since that event, the U.S. Securities and Exchange Commission started to investigate whether Richard Scrushy was involved in insider trading. March 20, 2003, Richard Scrushy, the former chief executive officer of HeathSouth Corporation, was charged by the Securities and Exchang... ... you are involved in cheating, your tolerance of unethical behavior will increase. Ethical is one the fundamental virtue for all business student. If business students are not well train for maintaining ethical judgment, the scandals they might create will damage investors’ confidence on investing corporation, which damage nation’s economy as a whole(Works Cited). In conclusion, all officers who are responsible for the Health South Corporation scandal is convicted and pay their penalty. Although Scrushy was not convicted the first trail, but the prosecutor tried their best and successfully bring justice on the Health South scandal. Ethical is one the fundamental virtue for all business student. All business student should be well train to maintain ethical judgment and prepare to have the courage to deny all kind of unethical situations and scandals(Works Cited).

Thursday, October 24, 2019

Bombardier Transportation & the Adtranz Acquisition Essay

Bombardier had evolved from its humble beginnings as a snowmobile manufacturer based in Joseph-Arman an Bombardier’s garage to a global business in which it’s once core recreational products were over shadowed, on a revenue basis at least, by its offerings in transportation, aerospace, and capital. In every segment in which the company operated it was either number 1 or 2 globally. This was not the case for the Transportation group (BT) in Europe, where in 2001 it sat in fourth place behind Alstom, Siemens and Adtranz (AT). However, the AT acquisition presented the opportunity to vault BT to the forefront of the industry. At a price tag of US$715 million (23% of AT’s 2000 revenue) AT was a bargain and an opportunity worth considering for several reasons: Revenue Growth : Unlike all other Bombardier businesses, BT’s revenue was counter-cyclical so growth in the sector would provide better balance to its overall revenue (Figure C1 in Appendix C).With the addition of AT, BT’s annual rail-related revenue could grow to US$7.6 billion in 2001 (up from US$2.2 billion in 2000) with a backlog of US$14.5 billion. 1 While BT was a low margin business it was a cash generator that helped to finance other Bombardier businesses. Geographic Expansion : AT had a presence in a broader range of European markets and the region was viewed as the center of technological development. Asia and South America utilized European engineering and practices so AT provided BT better access to future markets. Completion of Product Portfolio : BT lacked propulsion system and train controls competence. This had been mitigated by outsourcing to competitors and suppliers; however it was a competitive weakness as was exemplified by AT’s exclusion from a key deal in the UK in 2000. AT excelled in these areas, and provided immediate cost synergies and long term strategic strength. Naturally the acquisition was not without its downside. There were many aspects of the deal that warranted consideration: Acquisition Size: While BT had a successfully track record of acquisitions it had never integrated a company of AT’s size. Based on 2000 figures, AT had nearly 40% more employees, just under 50%more in sales, and operated in 60 locales. The differing company structures were also of concern. Financial Performance: AT posted net losses going back 4 years in spite of restructurings. Even at a bargain purchase price, an unsuccessful integration could threaten BT’s income and cash flow. Due Diligence: AT was understandably reticent to let a competitor gain full access to its â€Å"books† should the deal not complete, so BT’s diligence process was not comprehensive. Furthermore BT’s European management had not participated in the deal; only amplifying the potential risks. Customer Loss: The acquisition could trigger the loss of customers or new contracts. Additionally, AT had earned a reputation for poor production and servicing that competitors could exploit. A comprehensive plan would be required to realize the projected synergies, tackle the above noted concerns, and – should the deal clear – anticipate and address regulator stipulations.

Wednesday, October 23, 2019

Emotion Management

Managing emotion is not easy for me. I find that all to often I allow my emotions to get the best of me and I definitely have a hard time focusing that emotion in a productive manner. I feel as though I do not understand well just exactly what my emotions are until it’s too late. I may have just been slightly frustrated over a small issue, but now I’m completely consumed with anger because I couldn’t resolve a small conflict. Goleman (2001) states, â€Å"having Social Awareness or skill at managing relationship does not guarantee we have mastered the additional learning required to handle a customer adeptly or to resolve a conflict-just that we have the potential to become skilled at these competencies. † This is where I find myself in life. I have the ability to become skilled at many emotional competencies, I just haven’t learned how to yet. Socially speaking I deal very with impulse control and am very effective at resolving conflict. Personally speaking I am just the opposite. I would do very well to learn and practice, what Goleman calls, The Self-Management Cluster. The cluster involves focusing on and managing internal states, controlling impulses, and acknowledging resources. The pursuit of happiness is a driving force in a human’s daily decision making. We choose who, what, where, why and how based on our imagination of the future and how it will treat our future selves. In attempting to create this state happiness I often find myself just the opposite. I like to think that I’m pretty good at shooting myself straight and not over or under predicting the outcomes of my future, however I must agree with Gilbert’s (2006) view that â€Å"Our imaginations aren’t particularly imaginative. Our imaginations are really bad at telling us how we will think when the future finally comes. † If I could live in the ideal world that my simple brain can conjure up I would be wealthy, be situated in the exact job that I know was created just for me, and live with a wife who just adores me. As it stands I only live with that that wife, my imagination thought up the other bits. Sitting here now reading the last line I think I just reinforced the idea that my imagination definitely lacks imagination, The idea of this paper is to consider prescribed readings from Goleman and Gilbert and write a health and wellness prescription for myself. There is one excerpt from Goleman’s book that speaks to me. There is growing evidence that fundamental ethical stances in life stem from underlying emotional capacities. For one, impulse is the medium of emotion; the seed of all impulse is a feeling bursting to express itself in action. Those who are at the mercy of impulse—who lack self-control—suffer a moral deficiency: The ability to control impulse is the base of will and character. By the same token, the root of altruism lies in EMPATHY, the ability to read emotions in others; lacking a sense of another's need or despair, there is no caring. And if there are any two moral stances that our times call for, they are precisely these, self-restraint and compassion† (Goleman, 1995). I believe my prescription from this excerpt is to focus on practicing self-control. I am very good at loving my wife, but I am awful at being a partner. I choose to do what makes me happy in the moment, like exercising or reading a book, rather than spending quality time together. I’m very compulsive to my own wants. I need to look at what the needs of our relationship are and then weigh in how my needs may be affected and make decisions based on all the information gathered. Currently I am very compassionate, caring, giving person. I believe that I am very healthy and have a fair amount of emotional intelligence (EI). I listen well and ask for clarification of what I’ve heard rather than assuming what I heard. I fight fair. I create boundaries and try my best to listen to what my body is tells me. I believe the authors would agree with these statements. I believe they would want me to focus more on self-control and developing more compassion for my personal relationships. I believe I do a good job at finding happy. I try to keep day-to-day life simple and do the little things with big rewards. My prescription for myself is to seek out understanding for my lack of personal impulse control and focus on relationship building activities at home. Achieving a level of balance and control of daily challenges is essential to overall health and happiness. Barringer and Orbuch (2013) quote Marilu Henner explaining â€Å"Being in control of your life and having realistic expectations about your day-to-day challenges are the keys to stress management, which is perhaps the most important ingredient to living a happy, healthy and rewarding life. †