Dell Business Information Strategy

Dell Business Information Strategy XECUTIVE SUMMARY The business information strategy helps a business in identifying ways and means of sharing information across the organization and across all the departments of the organization. This report highlights the business information strategy at Dell, a well known computer manufacturing company. The industry has been led by the major players like IBM, Compaq, Intel, Lenovo, HP, Apple, Microsoft, Dell, Sony, Samsung, LG, etc. The top two manufacturers of computers apart from Dell are Apple and Microsoft and they pose a stiff competition to Dell and the market is led by the top two to three manufacturers. After comparing the financial performance of Dell, IBM and Apple Inc, it can be said that the level of operations of Dell is much lower as compared to Apple Inc and IBM. Some of the recommendations made to the companies in the manufacturing industry are as follows Focus on quality of products, adopting innovative manufacturing processes, improved customer support, competitive pricing, improved supply chain, etc. The strategy for Dell would be to adopt an innovative manufacturing process thereby helping it to stay competitive by bringing in a change and by manufacturing technologically advanced products. This technological change will have an impact on almost all the aspects of Dells business, like management, information needs, business locations, staffing requirements, employee training, etc. INTRODUCTION The strategy in a business organization plays a key role, be it a business strategy, marketing strategy, HR Strategy, or business information strategy. The business needs information at all levels and the success of the business can be directly attributed to the level of information that can be accessed by the employees of any business. A business should strive hard to provide information to the employees, as it is likely to improve the performance of the business as a whole. The business information strategy helps a business in identifying ways and means of sharing information across the organization and across all the departments of the organization. This report highlights the business information strategy at Dell, a well known computer manufacturing company. INDUSTRY SECTOR ANALYSIS Computer manufacturing industries differs somewhat from other manufacturing industries in the way of production and mostly workers make up a relatively very small proportion of the workforce. Computer manufacturing industry is considered as most innovative industry. With the moving trend, improving technology and increase in technological innovation, this industry creates its own identity and drives much of the industrys production. This industry is also considered as a place for technological as well as innovative advancements. This is the only manufacturing industry which requires maximum number of engineers, technicians, and many other technical assistants who can take the research and development work further. In addition to manufacturing, it also requires promotion of products manufactured by the different segments of the industry that requires more eligible marketing as well as sales executives or workers. U.S companies in this industry manufacture as well as assemble the compo nents manufactured in foreign countries, in order to take advantage of lower cost of production and regulatory and favorable environments. Most of the electronic products include different intermediate components that are needed to be purchased from various manufacturers. So these companies that produce intermediaries and goods mostly locate themselves nearby to industry so that the companies can receive their intermediate products in very less time in order to lower down their inventory costs. Most the computer manufacturing companies in this industry are very large and many are relatively small. The computer manufacturing industry has also had its share of impacts of the recent financial crisis. The computer manufacturing industry was also going through a transformational crisis. The sales of the major players have decreased considerable and the profits have also declined. In fact, some of the manufacturers have incurred losses from their operations during the crisis. Moreover, the industry has been very competitive in the recent past with more and more medium level manufacturers entering the global markets. The low cost computers manufactured by the Indian and Chinese manufacturers have increased the level of competition in the industry. There have been various influences on the computer manufacturing industry over the last few years or so. The influences were due to the increase in the number of computer manufacturers, use of latest technologies, rapid decrease in the cost of manufacturing mainly due to the outsourcing of components manufacturing ton countries like India a nd China. Overall, it can be said that there are various challenges faced by the computer manufacturing industry and it is likely that the future is going to more challenging for the manufacturers, as they compete hard in order to attract and retain the market share. Market Leaders The Computer manufacturing industry has experienced an increase in the number of computer manufacturers over the last five years or so. But the industry at large has been led by the major players like IBM, Compaq, Intel, Lenovo, HP, Apple, Microsoft, Dell, Sony, Samsung, LG, etc. The top two manufacturers of computers apart from Dell are Apple and Microsoft and they pose a stiff competition to Dell and the market is led by the top two to three manufacturers. In spite of the top manufacturers holding larger shares in the market, the market is wide open for all the other manufacturers. So, the open market makes it all more important for the manufacturers to adopt effective strategies in order to achieve competitive advantage and sustain the competitive advantage with a view to increase the sales revenues, profits, market share, and also to increase the wealth on the investors. The competition in the industry has been very stiff and thus it made the computer manufacturers to increase their product line and also to adopt innovative manufacturing processes to come up with latest and innovative products. The computer manufacturing industry or market leaders have also adopted innovative strategies to stay competitive and increase the market share, thereby leading to the organizational success. The important point to remember here is that Dell is also one of the market leaders in the computer manufacturing industry and it also poses stiff competition to the other competitors in the industry. Comparative Performance of Competitors The comparative performance of some of the major computer manufacturing industry leaders gives us an insight into the level of competition that exists among the top competitors and also the position of Dell in the overall computer manufacturing industry. The revenues of Dell for the year 2009 were $61.101 Billion and its operating income was $3.190 Billion, whereas its Net Income was $2.478 billion. The Net income, Operating Income and also the revenues have all shown an increase as compared to the year 2008, which shows that there has been an improvement in the performance of Dell over the last one year or so. The revenues of IBM for the year 2009 were $95.757 Billion and its operating income was $17.012 Billion, whereas its Net Income was $13.425 billion. The Net income, Operating Income have increased and the revenues have shown a decrease as compared to the year 2008, which shows that there has been an improvement in the performance of Dell over the last one year or so with respect to the profitability, but it has lost some part of its market share, as compared to its performance during the year 2008. The revenues of Apple Inc for the year 2009 were $42.91 Billion and its operating income was $11.74 Billion, whereas its Net Income was $8.24 billion. The Net income, Operating Income and also the revenues have all shown an increase as compared to the year 2008, which shows that there has been an improvement in the performance of Apple Inc, over the last one year or so. Revenues ($ bn) Operating Income ($ bn) Net Income ($ bn) Dell 61.1 3.19 2.48 Apple Inc 42.91 11.74 8.24 IBM 95.76 17.01 13.4 The above table shows the financial performance of Dell, Apple Inc and IBM. The above graph shows the financial performance of Dell, Apple Inc and IBM. After comparing the financial performance of Dell, IBM and Apple Inc, it can be said that the level of operations of Dell is much lower as compared to Apple Inc and IBM. So, it suggests that Dell has to adopt innovative strategies in its operations at all levels in order to compete with its competitors. The positive that goes with Dell is that it has been improving its performance and the rate of growth is much better than some of the other industry leaders. Current Technology used in the Computer Manufacturing Industry In the past, the computers used to be so big, even bigger than the refrigerators, but now-a- days, the computers are as small as a PDA, which can fit into a palm of human beings. So, this has been possible mainly due to the advanced technology and continuous advancements of technology that has been adopted in the computer manufacturing industry. The latest technology has reduced the size of the computers, hard disks, etc, without comprising on the quality, in fact with better quality and durability for the customers. These computer manufacturing companies have their own research and development departments, so as to continuously look for new ways of manufacturing the computers. The technology plays a key role in the success of any product and computers are no different. The better technology helps the manufacturers in manufacturing latest computers. The technology used by the computers has been so much helpful for the people. The technology used in computer manufacturing has been helpful in other industries as well. These latest technologies made it possible to use computer in almost all the aspects of human life. Future Technology that can be used in the Computer Manufacturing Industry The future of the technology and the advancements in the technology looks to be more effective, as there is a lot of scope for improvement and advancements in the technology. The future technology can make it possible to produce much smaller computers with better features, and better performance, as compared to the performance of the computers manufactured today. With the advancements in technology, almost anything is possible. The things that look impossible today are becoming possible and a reality tomorrow. So, with the advanced technology anything is possible. The technology is surely going to play a key role in the computer manufacturing industry. If one company adopts a latest technology then the other competitors must adopt it or come up with something innovative on their own, otherwise, they will lag behind and may not be able to compete in the industry. So, the continuous changes in the technology keep the computer manufacturers on their toes, to make quick decisions and adopt effective and innovative strategies to produce high quality computers, mostly a low costs. (Buzzel, 1987). Recommendations for the companies in the Computer Manufacturing Industry based on the Sector Analysis to stay competitive in the industry Innovative Manufacturing Processes The companies in the computer manufacturing industry needs to stay competitive and they can do so, by adopting innovative manufacturing processes. The old and out dated manufacturing processes are not going to help the companies in staying competitive. With a view to achieve competitive advantage, most of the companies are adopting innovative strategies. The competitive advantage once achieved needs to be sustained in order to stay competitive. The competitive advantage can be achieved and sustained by adopting innovative manufacturing processes. (Parker, 1989). Focus on the Quality The companies should always look to improve the quality of the products at all times. The low quality products will not be helpful in staying competitive for long. In order to attractive in the market and also stay competitive, a computer manufacturer needs to focus on the quality of the products regardless of the internal issues. A low quality product will survive for long in the market. (Swan, et.al, 1976). Improved Customer Support The customer support and after sale service by the companies can be helpful in staying competitive. If the questions of the customers are not answered properly, then it is likely that the customer will be attracted by other companies with better customer service. So, in order to stay competitive, the companies should look to improve their customer support service. (Gale, 1992). Competitive Pricing Gone are the days, when the manufacturers were the price makers, now-a-days, in fact, the customers are the price makers. In other words, the customers look for the prices from various manufacturers and finally purchase a product from the manufacturer with the most economical price, so if a manufacturers pricing is not competitive, then the manufacturer will not stay competitive. So, the companies should price their products competitively. (Gale, 1992). Improved Supply chain for Quick Delivery The supply chain often helps a company in staying competitive in almost all the industries and the computer manufacturing industry is no exception. The effective supply chain ensures quick and efficient delivery of products to the customers, whereas, an ineffective supply chain is the main reason for the failure of any company to stay competitive. Thus, an improved supply chain can help a company stay competitive in the market. (Parker, 1989). BACKGROUND OF DELL The company selected is Dell and it deals with the manufacturing of computers and its components, and it comes under the computer manufacturing industry. Computer manufacturing companies are mostly considered as electronic manufacturing companies and these companies produces products like computers, its peripherals, equipments related to communications, and many more products similar to these products. These products can be used at many places like offices, schools, industries, colleges, as well as homes. These products are also used for military as well as government establishments. In addition to all this different computer peripherals or different components are built in into many industry products. Dell has been a well known manufacturer of Computers, mainly Desktops, Laptops, Notebooks, and PDA. Dell has emerged as one of the largest manufacturers of computers. Dell competes with the industry leaders and with the best in the industry. Dell grew as a computer manufacturing company in the year 1980s and 1990s, and it also became the largest computer manufacturer at one point of time. Dells core business was to sell Desktops, Laptops and Servers, etc. Dell also sells some other electronics products, which it acquires from its suppliers around the world and sell them under the brand name of Dell. The operations of Dell have increased significantly over the last few years and have been competing with the best in the business. CURRENT SITUATION ANALYSIS The current situation analysis of Dell helps us to analyze the situation and also the various factors that affect the operations of Dell. Following are the components of situation analysis. Customers Dell serves a wide range of customers ranging from individuals, small business to large multinational companies. Dell also supplies computers and other devices to the government organizations in various countries. Its customers are spread all across the world, making it a truly global company. The global customers of Dell also points out the presence of Dell, which all across the world. So, it is satisfying a large base of customers and thus there is lot of scope for increasing the customer base of Dell Costs The costs of any company play a key role in the profitability and success of any company. Higher costs lead to low income or losses in some cases, so it is always better to reduce the cost of manufacturing and also the other indirect costs. Dell manufactures most of the products on its own and it also acquires some of the products from suppliers around the world, with a view to reduce costs. This helps it in pricing its products competitively, thereby helping it to stay competitive in the market. Competitors Some of the competitors of Dell are well known companies around the world. The competitors of Dell include Microsoft, IBM, Apple Inc, HCL, HP, Sony, LG, Samsung, etc. These competitors are well known companies with a wide range of products and a wide base of customers, which also helps them to mark their presence all over the world. The competition is very stiff in the computer manufacturing industry, with the presence of these popular global brands. STRATEGY FOR DELL The strategy for Dell would be to adopt an innovative manufacturing process thereby helping it to stay competitive by bringing in a change and by manufacturing technologically advanced products. Change Required Dell needs to bring about a major change in the size of its desktops and laptops. Dell can manufacture sleek laptops like Apple, Inc, and thus would be able to compete with Apple Inc. It would also give Dell an advantage over its competitors. Moreover, it gives Dell an opportunity to increase its market share by serving a new base of customers with its sleek products. This can be achieved only by adopting a technology like Apple Inc, or even a better technology than Apple Inc. Impact on Management This change is likely to impact the management at Dell. The impact of the technological change would require dell to bring about a change in the way the management at Dell operates. There may be a need to include a new of level of management or to remove an existing level of management positions based on the requirements. With a change in the organisation with regards to the structure or the technological changes, the management also needs to change, as per the requirements. So, it can be said that the change in the products to be manufactured, is likely to bring about a change in management. Thus, it can be said that there is an impact of this change on the management. Impact on Business Location Dell might need to start its manufacturing units to manufacture sleek products, or else it can use the existing manufacturing facilities to manufacture such products. With a change in the computer manufacturing technology, Dell has to expand its operations by starting manufacturing units in new business locations. Dell might need to change it business from location to another considering its impact on the operations. Most of the manufacturing companies are starting their manufacturing units in countries like India and China, so Dell might consider India and China, as a proposed location to start its manufacturing units to manufacture sleek laptops, and small sized desktops. Impact on Information needs of management The management needs an upgraded information system, so as to provide an accurate and updated information at all levels, as and when required, (Malhotra, 2008). The information needs of the management at Dell are also likely to change, with a change in the technology and operations of Dell. So, depending upon the information needs, the information system should also be upgraded, so that it provides required information to the management at all levels, which could ultimately help in achievement of the objectives of Dell. Impact on Staffing Plan As discussed earlier, Dell might need to hire additional people to manage its new processes of manufacturing sleek laptops. The staffing plan is also likely to change with a proposed change in the technology. Some employees might need to be transferred from one position to another, and some others might be needed to be hired, depending upon requirement. The proposed technological change at Dell is also likely to impact the staffing plan at Dell; therefore, a new staffing plan has to be developed, considering its operations. Impact on Training Dell also needs to provide adequate training and education to its employees with a view to upgrade their skills and improve the productivity and efficiency. The training and development of employee should be given highest priority, as the highly developed employees enhance the productivity and performance of the organisation as a whole. With a technological change, there will impact on the training provided at Dell. There are likely to be new training programs, to suit the needs of the new business development i.e. incorporating the proposed technological change. CONCLUSION Finally, it can be concluded by stating that the business information strategy plays a key role in the success of an organization. It also plays an important role, when an organization intends to bring about any change in its operations, because, a major change is possible only with the free flow of information. Dell can manufacture sleek laptops, by bringing about a technological change and also a change in its manufacturing process. The impacts of such a change can be seen on the current management, business locations, information needs of management, staffing, training, etc. The strategic level of management needs to adopt innovative strategies to achieve the objectives of Dell. The strategic management plays an important role in the success of any organisation, so the key policy changes or developments take place at the strategic level of management. The tactical level of management needs to follow the policies developed by strategic level. Finally, the operational level is responsible for implementing the policies and achieving the final objectives.

Plato and Aristotle Theory of State Comparison

Plato and Aristotle Theory of State Comparison Compare and contrast Plato’s and Aristotle’s accounts of the ideal ‘polis’ or state. Introduction Plato (student of Socrates) and Aristotle (student of Plato); two of the most persuasive rationalists of the splendid time of Greek era; Plato and Aristotle have colossally helped political rationale, aside distinctive domains. This essay will evaluate two diverse methodologies whilst discussing the reasons of comprehension, disagreement and epistemology itself; as regards the cures on the ideal state by both these Socratic academics. A State or polis is more than a legislature that is clear, governments change, but a state perseveres. A state is the method for guideline over a characterized or sovereign domain. It is made up by an official, an administration, courts and different foundations. (https://www.globalpolicy.org/nations-a-states/what-is-a-state.html). Plato was the first Greek scholar to attempt a watchful, deliberate investigation on systematic analysis in political thought. This essay will furthermore examine Socrates impact on Plato. It then takes a gander at Platos the Republic, and considers his model of a perfect constitution. It then concludes with a talk of Aristotles mind boggling and modern examination of political constitutions (Plato to Nato page 18) The ideal state The Ideal simply implies to an origination of something in its total flawlessness (perfection) Thusly, an immaculate state must be an express that is concentrated around a consummated standard. (http://www.oxforddictionaries.com/definition/english/ideal). A State is more than a legislature; that is clear. Governments change, however states persevere. A state is the method for guideline over a characterized or sovereign domain. It is made up by an official, an administration, courts and different foundations. (https://www.globalpolicy.org/nations-a-states/what-is-a-state.html). In their agreement and dis-agreement both Plato and Aristotle recommended what the idealised states should be based upon and how they ought to be. For Plato and Aristotle, the end of the state is good; as value (Justice) is the premises for the ideal state. Rulers= wisdom+ rational, Soldiers= Courage+ spirited, Artisans= Temperance+ Appetitive. The Ideal state ruled by the philosopher was made conceivable through an extravagant and thorough plan of instruction. The hypothesis of philosopher ruler was the linchpin of Plato’s Ideal state. It was gotten from the conviction that the scholar had the knowledge, judgment and training to lead. Decision like any other undertakings required abilities and capabilities. And its point was the general prosperity of all. A good ruler was one who saved the lives of his subjects, as well as changed them as people. A Philosopher is an ideal person to rule, for he wouldnt be enthused about getting wealth for amplification toward oneself. Socrates characterized a philosopher as one who cherished astuteness, had a passion for learning and was dependably and enthusiastic to learn. Furthermore Socrates emphasised on philosophers being individuals who cherished the truth. (A HISTORY OF POLITICAL THOUGHT : PLATO TO MARX, By SUBRATA MUKHERJEE, SUSHILA RAMASWAMY) A philosopher by his grasp of the idea of good was best qualified to rule, implying that knowledge could be obtained only by a select few who had the leisure and the material comforts. Plato shared the general Greek perception of that leisure was essential for the pursuit of wisdom. A philosopher would be able to administer Justice and Act for the good of the community. He would have a good character, a calm disposition and a strong mind. He would have the qualities of a ruler namely truthfulness high mind-ness, discipline and courage. Plato imparted the general Greek impression of that leisure was key for the quest for wisdom. Philosophers would have the capacity to control Justice and Act for the benefit of the community; would have a decent character, a cool manner and a solid personality. A Philosophers would also have characteristics of a ruler to be specific truthfulness high personality ness, order and boldness. (A HISTORY OF POLITICAL THOUGHT: PLATO TO MARX, By SUBRATA MUKHERJEE, SUSHILA RAMASWAMY Socrates analysed the genesis of states and urban communities, and called attention to that they emerged out of two reasons. The primary was common need and the second the distinctions in aptitudes of people was not independent and depend ended on others for subsistence. Plato made two imperative focuses. The principal was that each individual was a useful unit, allotted a specific errand with obvious commitments and privileges, which one was required to perform determinedly and carefully. It likewise underlined the way that nobody was destined to render a particular capacity. Secondly society was imagined as an issue, precise entire, in light of the distinguishment of individual gifts and contributions. . (A HISTORY OF POLITICAL THOUGHT: PLATO TO MARX, By SUBRATA MUKHERJEE, SUSHILA RAMASWAMY Education for Plato was intended to make the best possible environment for the sustaining and advancement of the human soul. In the Republic Plato dedicated more prominent space and attention to group of wives than to property. Since he was dismayed by the optional position ladies held inside the family, restricted to perform house hold errands. The dispassionate plan was focused around the premises that ladies and men were indistinguishable in regular enrichments and workforces. Having illustrated the points of interest of the Ideal state Plato inspected four different sorts of regimes. Timocracy- adoration for triumph and respect, aspiration and enthusiasm in war and cash making, Oligarchy- a state led by the affluent few, people giving more thoughtfulness regarding riches and cash making and less to uprightness, Democracy- was portrayed by permit, inefficiency, rudeness, turmoil and the majority rule man effortlessness more essentialness to his longings and hungers, no request or limitations and Tyranny- is described by the absence of sympathy toward ones subjects and a longing to get each of the one wishes. Each of these regimes had a comparing kind of individual. The inevitable destiny of every single regime was oppression. Despite the fact that Plato portrayed how regimes declined into oppression, he didnt clarify how they could recuperate from oppression. (Democracy As the Political Empowerment of the People: The Betrayal of an Ideal edited by Majid Behrouzi) The impact of Plato on Aristotle was significant and pervasive, Aristotle imparted to Plato on many different perspectives articulated in the Republic, to be specific the hierarchy of individual inclination, Justice as an issue or request among parts, and the certainty of social classes. Yet he likewise separated from his teacher many different ways, specifically on the Ideal state, the measurement of morals and the reasons for revolution. Aristotles standards of the golden mean, support of mixed constitutions, confidence in the white collar class (middle class) lead as being best for guaranteeing a steady and persevering government, and the need of property to guarantee independence and satisfy the sense of possessiveness in the person. Aristotle was censorious of the plan of the Ideal state that Plato illustrated in the Republic. He fought that Platos accentuation on solidarity rather than concordance inside a state, would just prompt extreme regimentation and the suspension of the state as a political affiliation. (. (Democracy As the Political Empowerment of the People: The Betrayal of an Ideal edited by Majid Behrouzi) Aristotle does not by any means concur with Platos evaluation of regimes in the Republic. His Politics is to a great extent a rejoinder of the contentions made in the Republic. Aristotle characterizes three different regimes Kingship, Aristocracy and Polity. These regimes have degenerate of regimes relating. Tyranny, Oligarchy and Democracy. Kingship for Aristotle it is the most wanted regime however because of its capacity to rapidly transform into oppression it is not the best conceivable regime. Kingship is basic, it is the principle by one individual who is best. In the Kingship there is stand out citizen and that is the King himself. This can be contrasted in some way with Platos dialog of the Philosopher King, despite the fact that the King in such an regime require not so much be a Philosopher however not a Tyrant either. Aristocracy is characterised as the same regime for both Plato and Aristotle, the principle by the prudent. Polity is characterised by Aristotle as a mix between Oligarchy and Democracy. Depending upon the rulers it can either be all the more intensely oligarchic or all the more vigorously Democratic. The distinction between the two being that an Oligarchic Polity would be led by a couple of chosen well off people, while the Democratic Polity would be ruled by the individuals. This regime is the thing that Aristotle calls the best conceivable regime on the grounds that it includes the standard by the ordinary class. The ordinary class frequently makes up the above all occupants in a city and in this way the administration which takes into consideration them to be subjects considers the most support in the operation of the city. (. (A HISTORY OF POLITICAL THOUGHT: PLATO TO MARX, By SUBRATA MUKHERJEE, SUSHILA RAMASWAMY) Platos political thought has been compressed as the tenet of the best man – the savant ruler who alone knows the perfect benchmarks for the state. Additionally, governing is an expertise; as the best man must be prepared to run the show. Decision is additionally a perfect. Aristotles decision belief system has been abridged as the guideline of the best laws – a decently requested constitution which involves great legislation. For him, albeit decision is an aptitude and a perfect also; it is likewise a science (despite the fact that Aristotle comprehends governmental issues as a regulating or prescriptive train as opposed to as an absolutely observational or spellbinding request). Plato proposes the abolishment of the family in his socialism, as he says the guardian and the auxiliaries might have no wife of their own, yet in as something to be shared. Kids ought to be differentiated from their guardians during childbirth and raised by the state. Subsequently, there will be more solidarity and less disharmonies. Aristotle differs and maintained that the family is the bedrock of the state and crucial society secured as per the law of nature to give mans every day needs. He scorned socialism, in his words everybody is slanted to disregard something which he anticipates that an alternate will satisfy; as in families numerous chaperons are frequently less helpful than a couple. Democracy- A legislature in which the individuals as entire or a piece of the individuals have sovereign force (regularly through chosen delegates.) (ref:Political Thinkers, David Boucher and Paul Kelly) (Democracy)Majority rules system is considered to be the best accomplishment form of government in aged Athens. It is the only form of government considered to be holding substantial political structures. It can be by large seen to be upheld in today’s society. â€Å"The 2011 Arab Spring activism in Egypt and Tunisia enlivened Syrian dissidents to take to the avenues in shows against Assads regime. Syrians voiced their misery with the stagnant political procedure and were advocates for democratic reformations†. (http://abcnews.go.com/Politics/syrian-civil-war/story?id=20112311) Platos democracy- In Greek Democracy is Demos Kratos; Demos signifying individuals and kratos signifying guideline joined together to mean ruled by the people (ref: A reader by R.Blaug and J.Schwarzmontel 2000) , majority rules system was an arrangement of government wherein the individuals chose their rulers; on account of Athens, it was, pretty much, a direct democracy rule system, where all male nationals voted in a gathering and chose by dominant part administer (chosen authorities were picked by assignments, e.g. Council, Committee, president, magistrates, courts etc) Both Plato and Aristotle saw majority rule government (Democracy) as the most noticeably awful manifestation of government. For Plato, majority rules system was the most exceedingly bad of all legitimate governments and the best of all untamed ones. (The republic Plato). Aristotle’s main criticism of democracy was that there was no one type of democracy, rather they were multiple. The reason behind these mul tiple democracies for Aristotle was due to a wide difference between citizens, e.g. there were crafts men, labourers, farmers etc. All these formed a different combination of the institution that made them democratic. (The politics Aristotle) Plato and Aristotle recommended that the perfect state be little in size, keeping in mind the end goal to achieve flawlessness simpler. The Greek state (Athens) was generally little. Additionally, it happened that the entire of Greece was partitioned into little city states, of which each one had their independent government and decision framework. In spite of the fact that, Plato and Aristotle concede to the idea of a perfect state, in any case they differ on deeper issues. Plato characterized the way of things in hypothetical terms through mysticism, rather than genuine terms (phenomena and ideal). Hence by looking to the higher structures he meant to clarify the capacity of existing information and understandings in the quest for unquestionably reality. However Aristotle was more concerned with the genuine physical gimmicks of nature, generally natural Sciences. Through their diverse methodologies in regards to the way of man, both Plato and Aristotle tried to clarify the relation ship between the individual and society, besides the necessity of government to maintain request and security. Platos perfect city-state, which he alludes to in his dialog in the Republic as the kallipolis, and Aristotles idea of the perfect relationship between the social request and government in a real city state are differentiating not with respect to the end and reason which they looked to satisfy the telos; yet rather over the proposed path in which they tried to meet that telos. . ( ref:HUTCHINSON, D. S. â€Å"Ethics† in The Cambridge Companion to Aristotle. ed) use the uws library eletrone to reference )

Epic Heroes Essay examples -- Hero Roland Siegfried Balian

Heroes may fall, but they are never forgotten. An epic is an enlightening story with its true purpose to portray a historical person or event. Epics centralize on concepts such as loyalty and valor, which were important to those of medieval times. Epics were not recorded for a long time after they actually occurred. An epic hero is an individual with phenomenal finesse and extraordinary abilities. They represented a culture's highest standards or values. A heroic flaw is usually the triumphant downfall of a hero. Most heroes are depicted to have a heroic flaw which shows their mortality or ephemerality, meaning they do not live forever or just a brief amount of time. Epic Heroes are thrust into greatness upon their birth, but it is up to them to fulfill their destiny. Roland was truly a brave and valiant knight. In the section read it begins as Roland, his best friend Oliver, and the rest of the French rear guard face the immense Saracen army. Roland is consistent and pretentious, many knights and warriors fought for honor and dignity. Roland although courageous and dari...

Physics of Car Racing Essay -- physics sport sports racecar car race r

This paper is a look at the physics behind car racing. We look look at how we can use physics to select tires, how physics can help predict how much traction we will have, how physics helps modern cars get there extreme speed, how physics lets us predict the power of an engine, and how physics can even help the driver find the quickest way around the track. Tires are the most important part of race or any car for that mater. (Physics of Racing) After all they are the only thing that is contact with the ground! Tires work by having a high coefficient of friction. Some slicks have a friction coefficient grater then 1! (Physics of Racing) Typical normal street tires have coefficient of about .5 to .6 . In physics we learned that friction was equal to mew times the normal force. Since race cars are typical much lighter then normal cars, they use tricks to increase the downward force on the tires. Some drag tires run really low pressure, other drag cars tune the car to lift the front wheels to put all the weight on the rear tires. Indy cars use a wing to generate down force, and ventures to suck the car to the ground. (How to Make Your Car Handle) Take a look at a good example of a slick and a normal street tire. The little holes on the slick are to check how much slick is left on the tire, since tires tend to ware on the edges faster. The gaps in the normal tires allow the tire to transfer water away from the tire, so the tire can make contact with the road. Goodyear makes a slick that is grooved for racing in the rain, but only crazy (Indy, F1) people do that! The circle of traction is a important racing concept with applications from physics. From newtons equation f=ma we know that the more force we apply to an o... ...turn, so you will end up off the track between points a and b. Because of this, many racing teams use a program called rars. (Physics of Racing) It has many popular tracks, and different styles of racing, and cars. It shows how the cars take the tracks, and has little lines for the apex. This can help the driver find the line. Refrences All Physics equations are quoted from: Physics for Scientices and Engineers 5th Edition Serway and Beichner Harcourt, Fort Worth 2000 Going Faster! Mastering the Art of Race Driving The Skip Barber Racing School Bentley Publishing, Cambridge 1997 How to Make Your Car Handle Puhn, Fred HPBooks, New York 1981 Chassis Engineering Adams, Herb HPBooks, New York, 1996 The Physics of Racing Beckman, Brian http://www.miata.net/sport/Physics/ 2002 Auto Math Handbook Lawlor, John HPBooks, New York, 1992

George Dawes Greens The Juror: Annie :: essays research papers

George Dawes Green's The Juror: Annie I have sustained some of the most appalling trials of this century. Over me I have felt distress, bleakness, sorrow. However none of them were as smashing as Annie's. Have you ever heard about Annie? Oh yes Annie Laird, one of the most kind jurors I have ever met. In George Dawes Greens The Juror, He sumarized the events and, thoroughly explained the pain and anguish Annie had to go through. The woe in which her life revolved after mentioning those lousy words  ¨I need a little excitement in my life  ¨1, well, if Annie needed to add a touch of excitement to her life she should have tried Disneyland not jury duty. What I am about to air is what happened in our little run with the mob. Truly that has a bit of foul humor because I can't run. If you keep on reading you will understand the risks of serving for jury duty  ¨Who will protect you? ¨2 Before I met her, Annie was an unadorned artiste who had just transferred out of Manhattan and into the country. To a small cottage by a lake. Her child, Oliver, who loved to ride his bike, moved in as well. I have to say that when I met Annie for the first time it was as Juror N ° 224. She was a sparkling maid. Who would have thought a rotten soul such as the teacher would try to harm her? I confess that her recoil in the following days impressed me. This time the trial was against Louie Boffano. He was the head of the mob. He and his right hand The Teacher were as bad as they come. The case was the murders of Salvadore Riggio and his grandson. Mr. Boffano was being accused of ordering them. By this time Annie and I already knew the teacher, but we acknowledged him as Zach Lyde. He had a very piquant approach toward Annie; he bought three of her artworks for twelve thousand dollars each. Nevertheless, how were we to imagine that he was part of the mob? By the time that night had come, Zach Lyde was having dinner at Annie's house. Oliver stayed at a friend's house; Juliet's house. Then came those frightful words from the teacher  ¨Annie, listen to me now, you're in danger and your son is in danger ¨3 After this, disaster struck Annie's life. From this moment on Annie would feel disquietude and distress. Her house was bugged, her friend's house was bugged, and she could not tell anyone.

All Calculations Used to Arrive at Solutions Essay

1. Community Hospital has annual net patient revenues of $150 million. At the present time, payments received by the hospital are not deposited for six days on average. The hospital is exploring a lockbox arrangement that promises to cut the six days to one day. If these funds released by the lockbox arrangement can be invested at 8 percent, what will the annual savings be? Assume the bank fee will be $2,000 per month. 2. St. Luke’s Convalescent Center has $200,000 in surplus funds that it wishes to invest in marketable securities. If transaction costs to buy and sell the securities are $2,200 and the securities will be held for three months, what required annual yield must be earned before the investment makes economic sense? 3. Your firm is considering the following three alternative bank loans for $1,000,000: a) 10 percent loan paid at year end with no compensating balance b) 9 percent loan paid at year end with a 20 percent compensating balance c) 6 percent loan that is discounted with a 20 percent compensating balance requirement Assume that you would normally not carry any bank balance that would meet the 20 percent compensating balance requirement. What is the rate of annual interest on each loan? 4. An important source of temporary cash is trade credit, which does not actually bring in cash, but instead slows its outflow. Vendors often provide discounts for early payment. What is the formula to determine the effective interest rate if the discount is not utilized? 1. Community Hospital has annual net patient revenues of $150 million. At the present time, payments received by the hospital are not deposited for six days on average. The hospital is exploring a lockbox arrangement that promises to cut the six days to one day. If these funds released by the lockbox arrangement can be invested at 8 percent, what will the annual savings be? Assume the bank fee will be $2,000 per month. Annual net patient revenue = $150 million Lockbox arrangement will earn interest for 5 days (As payment received by the hospital are not deposited for 6 days. Lock box arrangement will cut the 6 days to 1 day). Interest rate = 8% Bank fee = $2,000 per month So, interest earned = $150 million *(5/365)*8% = $164,384 Annual bank fee = $2000*12 = $24,000 Hence, annual savings = $164,384 – $24,000 = $140,384 2. St. Luke’s Convalescent Center has $200,000 in surplus funds that it wishes to invest in marketable securities. If transaction costs to buy and sell the securities are $2,200 and the securities will be held for three months, what required annual yield must be earned before the investment makes economic sense? Surplus fund = $200,000 Transaction cost = $2,200 Holding period = 3 months So, yield should be minimum $2,200. Let minimum required annual yield = r% So, $200,000*(3/12)*r% = $2,200 50,000*r% = 2,200 r% = 2,200/50,000 = 4.40% Thus, minimum required annual yield = 4.40% 3. Your firm is considering the following three alternative bank loans for $1,000,000: Assume that you would normally not carry any bank balance that would meet the 20 percent compensating balance requirement. What is the rate of annual interest on each loan? a) 10 percent loan paid at year end with no compensating balance Annual interest rate = 10% b) 9 percent loan paid at year end with a 20 percent compensating balance Annual interest rate = 9%/(1-20%) = 11.25% c) 6 percent loan that is discounted with a 20 percent compensating balance requirement Annual interest rate = 6%/[(1-6%)*(1-20%)] = 7.98% 4. An important source of temporary cash is trade credit, which does not actually bring in cash, but instead slows its outflow. Vendors often provide discounts for early payment. What is the formula to determine the effective interest rate if the discount is not utilized? Effective interest rate if discount is not utilized = [Discount %/(1-Discount %)] x (360/(Full allowed payment days – Discount days)) Example: Let credit term is 2/10, n/30 Then effective interest rate if discount is not utilized = 2%/(1-2%)*(360/(30-10)) = 36.73%

Gender Issues in Sri Lanka Essay

Gender issues In general, when considering third world countries, most would say that they have some very similar characteristics. Third world countries are often thought of as places that are impoverished, have significantly high birthrates, are economically dependent on advanced countries, and have not evolved socially in regards to equal rights issues. Although many of these characteristics do apply to Sri Lanka, the latter has definitely evoked some discussion on the topic of gender issues in underdeveloped countries. Issues such as decision making in the household, educated women and their role in society, and attitudes towards women in employment will be discussed. As stated earlier, most would agree that from a distant perspective Sri Lanka would seem to be socially underdeveloped in regards to equal rights. One way that this misconception is debunked is by looking at the roles of male and female in the household. There are many variables to take into consideration when looking at roles of family members and who has the balance of power; for instance, if the wife is working or not could be considered at both ends of the scale. If she is working than her husband may feel that because she is making a financial contribution she has more of a right to make important economic decisions that may effect the family. On the other hand he may feel as though her being away from the children is a detriment to their upbringing, and in turn is placing a burden upon the family leaving the wife with few domestic decisions. Another variable that has to be considered is if the residence is with the husband’s family or if it is with the wife’s family. In this case one would assume that whichever house was being resided in would have the balance of the say towards family decisions. The last variable that will be considered is that of marital duration. Does a longer marriage necessarily mean that the financial and domestic decisions of the household will become split evenly between the husband and wife? The answers to these questions were the focus of a study conducted by Anju Malhotra and Mark Mather in 1992. The study showed that when the wives were working, regardless of whether or not they shared their wages or kept them, they had an increase say on financial matters. However, the domestic decisions were not nearly as great, especially if the wages earned by the wife were kept for herself (Malhotra et al. 1997: 620). When looking at the balance of power in regards to household arrangement, the study found that the wife had almost no say on financial matters when living at the husband’s parents house but did have some say on domestic issues. The opposite it true for when the family resided at the wife’s parents house. The wife typically had a significant say on financial and domestic matters with the latter outweighing the two (Malhotra et al. 1997: 620). As far as marital duration is concerned, it seems as though as the family grows together there is somewhat of a role reversal. The husband becomes more concerned with domestic matters and the wife takes some responsibility for the financial decisions (Malhotra et al. 1997:620). These findings led my research group to believe that the people of Sri Lanka are generally very similar to those of western societies in regards to household decisions. Education is not something we think about when speaking about developing countries, many assume that it is just not an option for underprivileged people. Although that is the unfortunate truth that effects many third world countries, it does seem that Sri Lanka is on its way to recovering itself. For many years the gender gap between male and female scholars needed to be decreased. In the early 1980’s the percentage of the total amount of people with university degrees that were women was barely above 40%. A more alarming fact might be that the percentage with post-graduate degrees was barely above 25% (Ahooja-Patel K. 1979: 217). The majority of women pursuing a degree usually did so in the fine arts category or the education and teacher training fields, many staying away from disciplines such as business or engineering. Although these numbers may seem staggering Sri Lanka has shown some promise in terms of social welfare. Programs are now in place to encourage female education and to decrease the inequalities women face today. In the early 1990’s the gender gap between literate males and females was only a 5% difference (Malhotra et al. 1997: 602). Many believe that the more westernized Sri Lanka becomes the more independent the thoughts and wills of women will expand, creating a country of little inequality. Women in the work force today in western society face many barriers; this is after years of trying to refine the social economic status of women. In Sri Lanka, because of its poor economy, employers may have actual complaints that may affect the profitability of their business. In general in Sri Lanka, men are usually preferred over women as employees. Some employers complain that because of the possibility of the need for time off to bear children that it may disrupt the flow of the work force. Many men could feel as though women were being treated with undeserved favoritism, which could cause conflict. Others feel that the financial burden of having to install proper facilities to accommodate women could create too much of a loss that they would not be able to overcome it. The topic of most discussions seems to revolve around the Maternity Amendment Act of 1978, which states that women workers are entitled to six weeks maternity leave with pay. It also states that they are allowed two nursing breaks of one hour each or two breaks of one half hour each when a day care center is available (Ahooja-Patel K. 1979: 219). Women cannot, under the law, be fired for any reason that stems from them being pregnant. An unfortunate fact that is slowly being eradicated is that many women are just not qualified for the jobs that are available in Sri Lanka. Because of the gender gap in education and training that has plagued Sri Lanka for years this trend will surely continue until the inequality has subsided. In many ways Sri Lanka has come very far in terms of gender equality when discussing kinship and education. However, women’s economic situation has shown to be less favourable. The people of Sri Lanka acknowledge that women have a place in the work force but financially cannot accommodate them. Until the economic growth of Sri Lanka can develop further, people will continue to have the ‘survival of the fittest’ kind of attitude, which will continue to alienate and repress the women or Sri Lanka.