Friday, November 15, 2019
Franklin Delano Roosevelt and His Leadership Essay -- American History
Franklin Delano Roosevelt and His Leadership On a rainy day in March 1933, a country watched eagerly as Franklin Delano Roosevelt swore in as the thirty-second president of the United States. At this time, the United States was hurting badly from a depression, soon called the Great Depression, and yearning out for a new leader who would help them. Roosevelt, also known as FDR, proved to the country that he was the right guy for the job with some of the most famous words ever said; "the only thing we have to fear is fear itself" (Franklin). Everyone in the U.S. stood behind Roosevelt through the Great Depression and even through World War II and until his death. Roosevelt proved to the nation that he was a courageous and brave leader that would help the country out, no matter what the consequence, even his own death. The rise of this great leader was not an easy one, despite being born into a wealthy family. Born on January 30th, 1882, FDR was the only child in his family, so his parents gave him tons of attention, making FDR's childhood very happy (Grapes 13). FDR was tutored through his early education from private tutors and even his parents, who traveled quit a bit. When Roosevelt was fourteen, his mother and father sent him to a boarding school for the wealthy called Groton School in Groton, Massachusetts (Schuman 16). After attending boarding school, Roosevelt went to Harvard where he became active in many school activities and charities, even becoming editor-in-chief of Crimson, Harvard's school newspaper (Grapes 14). After graduating from Harvard, FDR went on to hold many important political offices, including state senator of New York, assistant secretary of the Navy, governor of New York, and finally be... ...eassuring them, making them feel secure with his chats. Franklin D. Roosevelt was one of the greatest leaders the U.S. has ever had as the President because of the way he fulfilled everyone's universal needs. FDR had a sensitive leadership style which helped him talk with the people and let them know what was going on with the country, making them feel secure and giving them the clarity and certainty of the future. When the nation was attacked and chaos broke out, FDR was there with his courage and determination to not let anything hurt the U.S., fulfilling the need for authority. Roosevelt also united the nation through tough times with his weekly chats and his powerful speeches. Through it all, FDR is my favorite leader in the history of the U.S. because he overcame the impossible and comforted a nation through some of the toughest events in our history.
Tuesday, November 12, 2019
Kohler Terminal Value
Both approaches (used to come up with the value of the Kohler Company) are greatly impacted by the assumptions made by both the company and the dissenting shareholders. The use of the Market approach has shown that the value of the company varies greatly depending on the comparable companies. If Masco (which is the largest comparable company) is included, the value goes to nearly $3.7 B and excluding it causes the value to go down to $1.2 B. Moreover, depending of the discount for lack of liquidity and control, the value of the company could decrease considerably. Then, in the market approach there are two variables that affect the value of the company; comparable peers and the discount for lack of liquidity and control. In the Free Cash Flow (FCF) approach, the two variables that makes the value diverge is the Beta and the discount (liquidity and control) used. In this specific scenario the Beta impacts the WACC considerably due to the high weight of the cost of equity. For example, a difference of 4 points in the WACC raises the value of the company more than 150% [Table 7]. It is interesting to see that in order to arrive at Kohlerââ¬â¢s initial valuation of $58K per share; a 65% discount is needed in both valuation approaches. Also, Mascoââ¬â¢s exclusion is required under the Market approach while the high Beta is required under the FCC approach. The factor created by the division of standard deviations of industry peers and the deviations from different markets increases or decreases Beta considerably. (More details about this factor are discussed later in the paper.) Conversely, according to the dissenting shareholders, in order to arrive at $273K per share a 0 % discount and the inclusion of Masco and low Beta is needed. In the settlement, Kohler may use two simple methods to resolve the claim. The first would be a Weight Adjusted Value method, which consists of taking the weighted average of the proposed settlement values times the confidence level. The second method is to calculate the book value of the company using the formula (Assets- Liabilities)/ # of shares (Intangibles are not excluded). The results of these two methods indicate that The Kohler Company should be indifferent between going to trial and settling for $120K per share. Finally, the suggested settlement price should be adjusted to reflect the possibility of an increased tax liability Kohler may have with the IRS. Using a weighted average, the new settlement price is around $150K per share. Company Overview Kohler is a recognized international manufacturer of plumbing products, home furnishings, generators and engines. It also owns and operates hospitality and real estate Businesses. Kohler has been a private company, predominantly owned by the Kohler family since its founding in 1887. Market Approach Because Kohler is privately held the market value needs to be ascertained by the implied value determined by using a multiples approach based on the trading value of Kohlerââ¬â¢s comparable industry peers. Table 1 shows the relevant multiples for Kohlerââ¬â¢s peer group. Depending on what multiples are used to value Kohler the estimation varies considerably. Table 2 demonstrates the range of these values. If Masco, with itââ¬â¢s generally high multiples, is excluded from the analysis the valuation would be roughly $1.2B. On the other extreme if Kohlerââ¬â¢s value is based on Mascoââ¬â¢s benchmark, the value leaps to nearly $3.7B. A strict average of the peer group would yield a value of $1.6B. Our best guess of value is closer to $2B based on the peer average being averaged with Mascoââ¬â¢s profitability multiples as we feel that the fundamentals of Kohler and Masco are closely matched. These estimates do not include any discounts for the lack of liquidity or control that the shares are characterized by. Table 3 shows the value per share given a $2B market value and various discounts applied. à Based on the market multiples approach it appears that Kohler takes a much more conservative approach to not only valuation but to the discounts that should be applied to the stock given his relative illiquidity and lack of controlling stake in the enterprise. From their prospective the value is the historically modest dividend and the long range growth of the business. Given their approximation of a share price of $54,000 that would suggest they excluded Masco as an outlier if they used a multiples approach and they used a discount of nearly 65% on the value of the shares to address their limitations noted previously. This would yield a value of roughly $58,000 per share. The dissenting Kohler shareholders, many of whom acquired shares for north of $100,000 each, have a vested interest in a much more generous approach to the value of Kohlerââ¬â¢s shares. It appears they could be talking one of two approaches in arriving to their $273,000 value per share. The first is that they could also assume a market value of roughly $2B for Kohler, and not acknowledge any need to discount the shares. This would yield an estimate of $274,100 per share. The other approach could be that this estimate was derived from the multiples values using Masco as a fellow industry leader with higher margin products and strong differentiation and acknowledging the need to discount the share value for lack of liquidity and control. Based on the Masco benchmark and a 25% discount the value would be roughly $279,000 per share. Free Cash Flow Approach Kohlerââ¬â¢s Free Cash Flow (FCF) model is developed using the Non-Cash Working Capital Approach, a correlated Beta and an EBITA that excludes both interest income and expense. The Non-Cash Working Capital is used because of the consistency each year in Kohlerââ¬â¢s forecasted working capital. [Table 4] Secondly, in order to make the FCF model more accurate, a correlation between the company financials and its main competitors is used. Table 5 displays this correlation. The correlation is then multiplied by a factor which is defined by the division of the standard deviation of Kohlerââ¬â¢s competitor and the standard deviation of the market (US Equity Market). Lastly, an average of each of these factors is performed and the Kohlerââ¬â¢s Beta is found. [Table 5] The Beta in this case significantly affects the Weight Average Cost of Capital (WACC) since the weight of Kohlerââ¬â¢s cost of equity is about 82% and the remaining 18 % tied to the cost of debt [Table 6]. The calculated WACC using this beta is 14.19%. If Beta is calculated using a different standard deviation, other than the US Equity Market, the results will vary drastically. For example, using a standard deviation of a highly correlated distribution of stocks that includes 3 kitchen & bath companies and 3 engine & generator companies, the Beta will decrease from 2.67 to 1.52. Then, the new WACC would be 10.40%[Table 5]. Just this difference in Beta would make the per share value of the stock go from $164K to $251K with 0 discount (due to the lack of control and liquidity), and from $ 57K to $ 88K with 65 % discount [Table 7]. Kohler is most likely using a relatively high WACC and high discount to come up with a $58K value per share. As it is shown in Table 8, using a WACC of 14.19% and a discount of 65% for liquidity and control of the stock arrives at $57K per share. On the other hand, the dissenting Kohler shareholders have probably used a much more generous approach to the value of Kohlerââ¬â¢s shares. It appears they could be using a WACC close to 10% and not discount (liquidity and/or control) or a WACC of 8% and 30% discount to arrive at their $273,000 value per share.
Sunday, November 10, 2019
Emily Martin: The Egg and the Sperm Essay
It is human nature to place confidence into science because it is heavily researched and perceived as the truth. However, Emily Martin shows that the female role in the reproductive process is not thoroughly depicted. Martin said, ââ¬Å"part of my goal in writing this article is to shine a bright light on the gender stereotypes hidden within the scientific language of biology. â⬠This article demonstrates how the female role in the reproductive cycle is just as insistent, if not more, as the maleââ¬â¢s role. Emily Martin proposes that science defines women as having a non-active and less significant role in the reproductive process. The role in which women play in the cycle of life is depicted through science as far more passive function than that of the male. The egg is seen as passive. It does not move and is transported along the fallopian tube. In contrast, sperm are seen as active. They deliver their genes to the egg and development starts. Martin quotes Gerald Schatten and Helen Schatten in that the egg acts as a Sleeping Beauty, ââ¬Å"a dormant bride awaiting her mateââ¬â¢s magic kiss, which instills spirit that brings her to lifeâ⬠, while the sperm is on a ââ¬Å"missionâ⬠to ââ¬Å"move through the female genital tract in quest of the ovum. However, through recent research, scientist concluded that the egg performs several functions and is quite active itself in the reproductive process. Before this research it was thought that sperm were powerful penetrators capable of thrusting itself through the inner vestments of the egg. After much research, scientists in biophysics labs at Johns Hopkins University determined that the propelling force of the sperm is very weak, and that only through the adhesive molecules on the egg and sperm do the two stick. The zona acts as a ââ¬Å"sperm catcherâ⬠and has to ââ¬Å"capture and tetherâ⬠the sperm before it can penetrate. But the most active and interesting roll the egg plays is that it ââ¬Å"serves as a sophisticated biological security system that screens incoming sperm, selects only those compatible with fertilization and development, prepares sperm for fusion with the egg and later protects the resulting embryo from polyspermy. â⬠Here the egg plays three vital roles in the developmental process of the embryo. It chooses which sperm is well-suited, sets up the fertilization process, and protects the sperm through the whole process. The author was effective in providing textual examples of the scientific language that wrongly represents the female role in the reproductive cycle. She quotes medical textbooks as referring to the menstrual cycle as ââ¬Å"â⬠debrisâ⬠of the uterine lining, the result of necrosis, or death of tissue. â⬠Martin goes on to counter this quote with an example of the positive language used to describe the sperm in saying, ââ¬Å"Whereas the female sheds only a single gamete each month, the seminiferous tubules produce hundreds of millions of sperm each day. Both quotes provide strong examples of the scientific language used. Quoting such language not only provides the audience with examples to better prove her point, but that because this information is coming from a medical textbook provides the reader with confidence in the cited source. One way in which this scientific discrepancy can be improved is by teaching it at a young age. This could be done by implementing a new curriculum in sexual educational classes in public schools. It is important that the new curriculum use different language and metaphors to deter from the stereotypical view of the reproduction process. This may at least curb the sexual bias of this subject to future generations. This article reveals how scientific language can create misconceptions about the truth about the sperm and the egg. Martin cautions us about metaphors in science. While many of us believe science to be undoubtedly true, bias can be lurking.
Friday, November 8, 2019
Why does Harper Lee choose to tell the story from scouts viewpoint Essays
Why does Harper Lee choose to tell the story from scouts viewpoint Essays Why does Harper Lee choose to tell the story from scouts viewpoint Paper Why does Harper Lee choose to tell the story from scouts viewpoint Paper Essay Topic: Left To Tell Literature Harper Lee chooses to tell the story from scouts viewpoint because it allows the readers to see Scout mature and grow as the narrator and as a person. During the novel Scout learns many things and as we are viewing the events from her viewpoint we are able to see this more clearly. As Scout has grown up and changed, she can now see how things really were, and she can now begin to understand what happened. She can now see and understand the prejudice that was shown to Tom Robinson, Walter Cunningham, Miss Maudie and even herself. In the Novel Atticus teaches Jem and Scout to be polite, caring kids. He taught them to have great sense of love for their neighbour and told them things that would help them get on in life. Scout was very lucky to have someone to guide her along the way. Although she was faced with the real world, she had lots of people who would willingly explain to her and guide her. Because Harper Lee tells the novel from Scouts perspective we are able to see this more clearly. Also we are able to see Scout mature during the book. She goes from a six-year-old child with little understanding of the real world to a ten year old who has been taught a lot of important lessons at a young age. She had to learn, very quickly, that life would not always be easy and fun this is shown well by having an grown old Scout narrate the novel. In the novel She learns many things that when she was a child she couldnt understand but now that she is older she can understand such as Station when she was younger she didnt really understand the class system as she just thought of everyone as equals. The author, Harper Lee, picked an interesting person to narrate the story. The fact that Harper Lee chose Scout to narrate the story had some advantages and some disadvantages as the story progressed. When Harper Lee uses Scout as the first person, she opens the readers eyes to the way that children think and act. Scout also offers a fair opinion of the affairs of Maycomb, and doesnt dwell on adult matters which would make it boring for the reader. However there are also Some disadvantages of picking Scout for the first person viewpoint, even though she was smart, she didnt really understand what all the fuss was about as she was too young to understand everything that was going on around her. In my opinion Harper Lee the author did an excellent job of making the story easy to understand by using Scout as the narrator. In my opinion by Choosing to tell the story from a childs point of view, it was easier to read between the lines and find the real meaning of what was being said. This was because if Scout didnt understand she could ask someone whereas if the story had been narrated by an adult this would not have been possible. Its when you know youre licked before you begin but you begin anyway and you see it through no matter what. You rarely win, but sometimes you do. Mrs. Dubose won, all ninety-eight pounds of her. According to her views, she died beholden to nothing and nobody. She was the bravest person I ever knew. This above paragraph speaks about what scout feels the meaning of courage is. There were many people who showed different kinds of courage in the story and even though scout sometimes didnt realise the reader was made aware. Atticus was probably one of the bravest people in the story even though scout and Jem didnt seem to think so. He stood up for a black man who was going against a white man in court. A lot of people disagreed with him, and some went so far as to spit in his face however he carried on against all odds. In the novel Boo Radley was also brave. He risked his own life to save two children that he barely knew. He also faced so much gossip and persecution because of his home life and the way he chose to live. He could have come out any time he wanted to but he didnt, and because he didnt, he suffered for it. Te fact that Boo Radley saved the lives of the children even though he didnt like to go out shows that he has courage and because this is sown through Scouts perspective his courage is shown more. We then begin to hear about how Tom Robinson, a black man, has been accused of raping Mayella Ewell, a white woman, and how everyone is saying that Atticus defends Negroes. The plot then goes on to explain about the trial and what happens afterwards, but we dont hear about Boo Radley until Halloween. When the kids are attacked, that is when the two plots combine. Boo Radley fights Mr. Ewell and carries Jem home. Scout figures out what happens and realizes who he is. Their game of Making Boo Radley Come Out has finally succeeded the fact that the above is all written from Scouts point of view makes it more effective. Also when Harper Lee wrote the book, she made the entire book like a flashback. She began the story as a reminiscence about her brothers broken arm. By making the entire story a flashback, she could add funny stories and still keeping the story line. . When Lee uses foreshadowing to tell what is going to come, she makes you wonder what is going to happen next. Irony is one of the biggest elements in this story. An ironic moment is when the children spend an entire summer trying to get Boo outside, and when he does come out (of his own accord), its to save them. Irony is important to the story because the theme of the book is ironic in itself. In the novel the childrens relation to Atticus starts out as a child-father relationship. But as the story progresses, they begin to see what a great man he is. They realized that by defending Tom Robinson, he was doing something that no other man would do, not for the glory, but because it was the right thing to do. The children and Boos relationship is probably the most interesting one in the book and is shown well from scouts perspective. It goes from an obsession to an unconditional love. When Boo saves the childrens lives, he proves that he is not scary as they had first thought. They realize that Boo was the one giving them little trinkets in the tree, and they realize that he was the one who folded Jems pants and left them on the fence. Boo cared for the children, even though he barely knew them. He showed an unconditional love that most adults would not show. He was so kind that he risked his life for the children, and that is why Scout grows to understand and care for him because he is the opposite to what they thought he was. I think that Harper lee chose to write the novel from scouts perspective because it gave the reader an added insight into the story and the events of Maycomb. It was good to write it in such a way because even though scout was young she was unusually clever and easily able to grasp what was going on around her and she always acted with the best intentions and didnt care about social class, she was a tomboy in Maycomb which would have been very unusual. Also by writing in this way the story became easier to understand and perhaps more interesting as scout was used as the narrator. Also because of this we can quickly realizes when reading To Kill a Mockingbird that Scout is who she is because of the way Atticus has raised her. While most girls in Scouts position would be wearing dresses and learning manners, Scout, thanks to Atticuss hands-off parenting style, wears overalls and learns to climb trees with Jem and Dill. She does not always grasp social workings this is shown when she tells her teacher that one of her fellow students is too poor to pay her back for lunch, and human behaviour often confuses her, when one of her teachers criticizes Hitlers prejudice against Jews while indulging in her own prejudice against blacks she cant understand it. Atticuss protection of Scout from social pressure has made her forthright and well meaning.
Tuesday, November 5, 2019
Henri Becquerel and the Discovery of Radioactivity
Henri Becquerel and the Discovery of Radioactivity Antoine Henri Becquerel (born December 15, 1852 in Paris, France), known as Henri Becquerel, was a French physicist who discovered radioactivity, a process in which an atomic nucleus emits particles because it is unstable. He won the 1903 Nobel Prize in Physics with Pierre and Marie Curie, the latter of whom was Becquerelââ¬â¢s graduate student. The SI unit for radioactivity called the becquerel (or Bq), which measures the amount of ionizing radiation that is released when an atom experiences radioactive decay, is also named after Becquerel. Early Life and Career Becquerel was born December 15, 1852, in Paris, France, to Alexandre-Edmond Becquerel and Aurelie Quenard. At an early age, Becquerel attended the preparatory school Lycà ©e Louis-le-Grand, located in Paris. In 1872, Becquerel began attending the Ãâ°cole Polytechnique and in 1874 the Ãâ°cole des Ponts et Chaussà ©es (Bridges and Highways School), where he studied civil engineering. In 1877, Becquerel became an engineer for the government in the Department of Bridges and Highways, where he was promoted to engineer-in-chief in 1894.à At the same time, Becquerel continued his education and held a number of academic positions. In 1876, he became an assistant teacher at the Ãâ°cole Polytechnique, later becoming the schoolââ¬â¢s chair of physics in 1895. In 1878, Becquerel became an assistant naturalist at the Musà ©um dââ¬â¢Histoire Naturelle, and later became the professor of applied physics at the Musà ©um in 1892, after his fatherââ¬â¢s death. Becquerel was the third in his family to succeed this position. Becquerel received his doctorate from the Facultà © des Sciences de Paris with a thesis on plane-polarized light- the effect utilized in Polaroid sunglasses, in which light of only one direction is made to pass through a material- and the absorption of light by crystals. Discovering Radiation Becquerel was interested in phosphorescence; the effect utilized in glow-in-the-dark stars, in which light is emitted from a material when exposed to electromagnetic radiation, which persists as a glow even after the radiation is removed. Following Wilhelm Rà ¶ntgenââ¬â¢s discovery of X-rays in 1895, Becquerel wanted to see whether there was a connection between this invisible radiation and phosphorescence. Becquerelââ¬â¢s father had also been a physicist and from his work, Becquerel knew that uranium generates phosphorescence. On February 24, 1896, Becquerel presented work at a conference showing that a uranium-based crystal could emit radiation after being exposed to sunlight. He had placed the crystals on a photographic plate that had been wrapped in thick black paper so that only radiation that could penetrate through the paper would be visible on the plate. After developing the plate, Becquerel saw a shadow of the crystal, indicating that he had generated radiation like X-rays, which could penetrate through the human body. This experiment formed the basis of Henri Becquerelââ¬â¢s discovery of spontaneous radiation, which occurred by accident. Becquerel had planned to confirm his previous results with similar experiments exposing his samples to sunlight. However, that week in February, the sky above Paris was cloudy, and Becquerel stopped his experiment early, leaving his samples in a drawer as he waited for a sunny day. Becquerel did not have time before his next conference on March 2 and decided to develop the photographic plates anyway, even though his samples had received little sunlight. To his surprise, he found that he still saw the image of the uranium-based crystal on the plate. He presented these results on March 2 and continued to present results on his findings. He tested other fluorescent materials, but they did not produce similar results, indicating that this radiation was particular to uranium. He assumed that this radiation was different from X-rays and termed it ââ¬Å"Becquerel radiation.â⬠Becquerelââ¬â¢s findings would lead to Marie and Pierre Curieââ¬â¢s discovery of other substances like polonium and radium, which emitted similar radiation, albeit even more strongly than uranium. The couple coined the term ââ¬Å"radioactivityâ⬠to describe the phenomenon. Becquerel won half of the 1903 Nobel Prize in Physics for his discovery of spontaneous radioactivity, sharing the prize with the Curies. Family and Personal Life In 1877, Becquerel married Lucie Zoà © Marie Jamin, the daughter of another French physicist. However, she died the following year while giving birth to the coupleââ¬â¢s son, Jean Becquerel. In 1890, he married Louise Dà ©sirà ©e Lorieux. Becquerel came from a lineage of distinguished scientists, and his family contributed greatly to the French scientific community over four generations. His father is credited with discovering the photovoltaic effect- a phenomenon, important for the operation of solar cells, wherein a material produces electrical current and voltage when exposed to light. His grandfather Antoine Cà ©sar Becquerel was a well-regarded scientist in the area of electrochemistry, a field important for developing batteries that studies the relationships between electricity and chemical reactions. Becquerelââ¬â¢s son, Jean Becquerel, also made strides in studying crystals, particularly their magnetic and optical properties. Honors and Awards For his scientific work, Becquerel earned several awards throughout his lifetime, including the Rumford Medal in 1900 and the Nobel Prize in Physics in 1903, which he shared with Marie and Pierre Curie. Several discoveries have also been named after Becquerel, including a crater called ââ¬Å"Becquerelâ⬠both on the moon and Mars and a mineral called ââ¬Å"Becquereliteâ⬠which contains a high percentage of uranium by weight. The SI unit for radioactivity, which measures the amount of ionizing radiation that is released when an atom experiences radioactive decay, is also named after Becquerel: its called the becquerel (or Bq). Death and Legacy Becquerel died from a heart attack on August 25, 1908, in Le Croisic, France. He was 55 years old. Today, Becquerel is remembered for discovering radioactivity, a process by which an unstable nucleus emits particles. Although radioactivity can be harmful to humans, it has many applications around the world, including the sterilization of food and medical instruments and the generation of electricity. Sources Allisy, A. ââ¬Å"Henri Becquerel: The Discovery of Radioactivity.â⬠Radiation Protection Dosimetry, vol. 68, no. 1/2, 1 Nov. 1996, pp. 3ââ¬â10.Badash, Lawrence. ââ¬Å"Henri Becquerel.â⬠Encyclopà ¦dia Britannica, Encyclopà ¦dia Britannica, Inc., 21 Aug. 2018, www.britannica.com/biography/Henri-Becquerel.ââ¬Å"Becquerel (Bq).â⬠United States Nuclear Regulatory Commission - Protecting People and the Environment, www.nrc.gov/reading-rm/basic-ref/glossary/becquerel-bq.html.ââ¬Å"Henri Becquerel ââ¬â Biographical.â⬠The Nobel Prize, www.nobelprize.org/prizes/physics/1903/becquerel/biographical/.Sekiya, Masaru, and Michio Yamasaki. ââ¬Å"Antoine Henri Becquerel (1852ââ¬â1908): A Scientist Who Endeavored to Discover Natural Radioactivity.â⬠Radiological Physics and Technology, vol. 8, no. 1, 16 Oct. 2014, pp. 1ââ¬â3., doi:10.1007/s12194-014-0292-z.ââ¬Å"Uses of Radioactivity/Radiation.â⬠NDT Resource Center; www.nde-ed.org/EducationResou rces/HighSchool/Radiography/usesradioactivity.htm
Sunday, November 3, 2019
Elements of Products in Business and Services Context Assignment
Elements of Products in Business and Services Context - Assignment Example In some instances, the cuisines are similar but excellent cooking style by Nutter that brings out the uniqueness in each. In addition, Nutter is innovative and observes trendy and finest local produce for his classic French recipes. From local and external suppliers, Nutterââ¬â¢s restaurants use supplies to serve vegetarian meals, gourmet, business lunch, Sunday lunch, afternoon tea, desserts and lunchtime meals. Incorporation of different customers includes businesses, individuals, families, vegetarians, children, and persons of all ages generate a wide client base for the food products. For instance, many across all ages enjoy the food from Nutterââ¬â¢s Restaurant like chips and Fish in the United Kingdom, and offering the best value for customers consistently makes them return for more. Coupled to the restaurants excellent tasting menu is the brand of a renowned UK chef and the two aspects influence customer loyalty hence profitability. Like other hotels and restaurants in the United Kingdom, Nutterââ¬â¢s restaurant seeks to understand its customer and in the best way possible, satisfy their food needs better compared to its competitors. The restaurant then uses target marketing to identify the diverse needs of customers in the UK hotel industry and delivers unique cuisines for such needs. According to the Nutters Restaurant (2014, p. n.p), Nutterââ¬â¢s also offers customers with leading and innovative modern cuisine and both locally and internationally. The international market comes because of Nutterââ¬â¢s demonstrations of cooking expertise in New Zealand, United States of America, Australia, and New Zealand. The restaurant is also keen on psychographic segmentation that involves activities like business events, meetings, interests, and other values. Nutterââ¬â¢s understand that different people have different preferences when it comes to food. As a result, the company is quick to offer food products that embrace buyer perception, motivation, and beliefs and attitudes.à Ã
Friday, November 1, 2019
Human Capital Concept Worksheet Case Study Example | Topics and Well Written Essays - 1250 words
Human Capital Concept Worksheet - Case Study Example InterClean is acquiring EnviroTech and a number of their workers. This will permit them to expand their internal and outside labor markets the length of with breach the entrance for new workers to be hired into the business. 1. Dreher, G. & Dougherty, T., (2001). Human Resource Strategy. The McGraw-Hill Companies, Retrieved November 23, 2006, from University of Phoenix, rEsource, MBA/530-Human Capital Development. http://ecampus.phoenix.edu/secure/resource/resource.asp David Spencer announced the gaining of EnviroTech, which is one of the main home competitor in the corporate advertise. 60 workers from EnviroTech determination are compound with InterClean workers (Scenario, 2006). Integrating recruitment practices with strategy is a basic technique for prospector firms. InterClean is a main player inside the sanitation scene, future productivity will pivot on satisfying the customers' up-and-coming need for future solution replica (Scenario, 2006). The plan of the corporation is to give the customers with far above the ground excellence foodstuffs. If we analyze then we come to know that HRM implications are a lot of. ... Applications of Organizational Behavior To Management David Spencer announced the gaining of EnviroTech, which is one of the main home competitor in the corporate advertise. 60 workers from EnviroTech determination are compound with InterClean workers (Scenario, 2006). Integrating recruitment practices with strategy is a basic technique for prospector firms. InterClean is a main player inside the sanitation scene, future productivity will pivot on satisfying the customers' up-and-coming need for future solution replica (Scenario, 2006). The plan of the corporation is to give the customers with far above the ground excellence foodstuffs. 1. Scenario, (2006). InterClean, Inc. Retrieved November 22, 2006, from University of Phoenix HRM Implications If we analyze then we come to know that HRM implications are a lot of. The need for alter and the dream for the new corporation must be methodically communicate. Compensation, reimbursement, and preparation systems must be included and deploy in a way that will add to new managerial objectives (HRM strategy, 2001). Communication is the main key in any modify. Factors and matters connected with effective strategy expansion in human resources. Company official to HR staff, Training and growth budget is tight. The novel hires have to need negligible compass reading. Train managers to put into practice the changes. The HR policies be supposed to be updated to bring into line with the new course of the association (scenario, 2006). Compliance will be a main issue that must be addressed. The sales employees need to be cultured on fulfillment issues (Scenario, 2006). Training and employees growth is a main issue within Human Resources. "Computerized ability
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