ERP Story Write Up Case Study Example | Topics and Well Written Essays - 1250 words

ERP Story Write Up - Case Study Example The operations in HR like vacancy advertisement and subsequent hiring of employees, effective management of the entire supply chain, and providing transparent and timely financial reports may not be possible in such cases due to untimely passage of information. The use of Enterprise Resource Planning (ERP) software provides some solution to these problems. This is achieved if the software is installed correctly (Walgium, 1). However, the success of introducing ERP system into an organization is not obvious. Instead, the use of ERP may be associated with a series of challenges to the management as well as the employees. Some changes may be required in the system of operations of each of the sections (Walgium, 1). There is also need to have hardware and software compatibility for the applications used by different sections to be brought together. Due to such complications, an organization should thoroughly examine its worth as well the available resources before installing an ERP. Otherwise, the new technology may be worse than the traditional approach. This paper focuses on the different issues that arise when a large company decides to integrate ERP into its operations. It provides specific reference to ABS Canada, an insurance company that has three different parent organizations brought together to operate as a single entity. ABS Canada wishes to consolidate its operations in the three sections namely marketing management, human resource management, and finance management. Aux Bons Soins (ABS) has been in the insurance industry in Canada for several decades (Case study). Over the years, various developments have been seen that have significant impacts on its operations. The company has acquired two other subsidiary insurance companies in the last few years. The parent company as well as its subsidiaries has always

Communication In Job Role Essay Example for Free

Communication In Job Role Essay Review the range of groups and individuals whose communication needs must be addressed in own job role. Resident communication needs In my job role as a Deputy Manager I must ensure that I consider the different levels of communication when supporting our residents: We use the following within my work place: Picture schedule This is a form of pictures on a long strip of Velcro, which highlights what is expected of the resident thought the day. This is important to the resident because it enables the individual to see what activities they have thought out the day, it provides a structured day for the resident to identify what activities they have first then after. This provides stable communication between staff member and the residents in aid of reducing anxiety. Barriers and challenges. Barriers that and challenges may arise are: Individuals whom are using the pictures may become too complacent there for require the same product such as dairy milk chocolate bar that is presented on the picture. This can become a challenge as if diary milk factory was to shut and the products where to be no longer produced then the resident whom has the picture of the diary milk and has constantly used this picture to resemble chocolate for the last ten years may become anxious due to not having the chocolate bar resembling the correct photo. Staff members may not be consistent with using the picture schedule, when using picture schedule it is paramount that staffs are consistent when prompting picture schedule. This can become an barrier and a challenge when some staff are using the schedule and some are not. This can confuse the residents and increase anxiety when not used; this can also take the skill away from that resident as well as hinder their communication development. Staffs whom are not adequate trained in using the picture schedule could provide a potential barrier to our residents as it creates a disturbance in the routine of their daily activities in not knowing what they are going to do for the day. Social story A social story is used to simplify a form of information. This is done by having words as well as pictures to explain the information that is needed to be presented to the person. For example: This form of communication is used within our service it ensures that the individual feels included in any decisions that are made, and that they are aware of what is expected off them when they are going on an activity, any planned activities set for the future. They can also be used to explain the step by step guide of what they are to do on a daily bases. This form of communication also reduces anxiety by giving the resident a preferred communication between staff and the individual; it also gives them a clear understanding of what staff members are asking them to do. Individuals whom are creating the social stories may provide information that is too difficult for the resident to understand. They could also presume that the information given has been taken in by the resident; the challenge that may arise is that the resident will not take in the information and may become anxious due to confusion over what is being asked. Another barrier may be too much information, depending on whom you are presenting the social story to, some require bug writing and big pictures where as others may require average size font and pictures but with short and sweet information. A challenge may arise when we presume that an individual whom is using picture schedule may understand social stories, this can in effect create a barrier as it provides the resident with no information other than words and pictures. When presenting the social story, we may not be presenting the social story in the correct manner in accordance to the individual, When reading we may need to be mindful of how fast we go through the information and how many times we go read the social story to the person. Because by going over to many times may cause an issue as well as how fast we read through as some individual may take longer to cognitively understand the information, therefore we must ensure we work at the speed of the individual whom we are working with. Verbal communication Some of our residents require verbal communication, however not all residents who are verbal are able to understand all language used. Therefore they require to be communicated with simple form of vocabulary rather than jargon. This is important to be assessed and mindful because you do not want to give them information that is too difficult to understand, you want them to have simple words that they can take in and understand to avoid any confusion or anxiety. A barrier that may arise when verbally communicating to a resident is how fast and what form of words we use. Not all residents whom are vocal are able to understand long fast sentences there for we must speak to the resident in a manner that they can understand. For example if the resident understands one single word then staff will use the single word rather than a sentences, this is because by using the sentences it could potentially create a challenge as it can cause the resident to become anxious by having too much demands placed on them. I also need to be mindful of whom I am speaking to when I am communicating to individuals, for instance if I speak to a GP then I would not speak the same to the residents as my choice of words will differ massively. Therefore I must always be mindful of the way that I communicate to each individual to ensure that they understand the information that is presented as well as I understands the needs of each person. Makaton We do not have a resident who uses Makaton however if the staff did not know how to use Makaton then we would need Makaton training to enable use to communicate effectively with the resident. We would also need to ensure that we have a basic communication with that resident to ensure we meet the needs of the resident threw understanding what the residents wants and any issues the resident may have on a daily bases. Pecks Book A pecks book is used with one of our residents to identify what he wants, the  peck books provides the resident with a choice of what to eat and what activities he would like to do on a daily bases. This is helpful as it provides the team with a preferred communication style in enabling the staff to identify what activities and want he requires. We can support this by ensuring that we be consistent when using the pecks book with the residents to enable the resident to maintain the communication skill. If we do not use this form of communication then the resident will potentially forget how to use the communication book as well has not be able to communicate his needs to the staff effectively. Team communication needs Team meeting As a team a form of communication that we use are team meetings, team meetings allow staff and management to formally communicate any issues or good relating practices that are present. It is important when conducting a team meeting that all relevant information communicated is understood by all of our staff team, if there is any person who requires help then supervision may help. Other ways of helping would be to complete an information leaflet of what has been said in the meeting as well as the action plans and outcomes. Supervisions Not all staff members are able to share their opinions when in a team meeting another form of preferred communication for some is via supervisions. This enables the individual to discuss their feeling and thoughts without feeling judged by others, it also gives the employee an opportunity to discuss their opinions through their own preferred communication. It also provides managers with an effective approach on how each staff member should receive their supervision. It is paramount that when giving supervision, managers should cater their discussion around the individual. They should also ensure they be mindful of whom they are speaking to and how they approach negative and constructive feedback depending on the individual whom is undergoing the supervision. You can also support effective communication threw supervisions by getting the individual involved in completing the supervision form; you can also provide them with an outcome of the supervision enabling them to  read over and sign in their own time. Barriers and challenges Communication book Communication book can be used to log important information that is needed to be handed over, it can also be used to pass on massages to staff members whom are not on shift. We are able to provide effective communication through this book by ensuring staff read and sign what is put into the book; this can ensure that when they have signed the information then they understand what has been passed on within the book. However the only issue with the communication book is that staff may not always read the book or they may not read the information. This can be reduced by providing the communication book on hand over, shift leader to ensure all staff read and sign also you could have an extended sheet of the a4 paper highlighting the important information that staff should read and sign. We also need to be mindful how we provide the information; Information that is put into the book should be clear, understandable, literature that all staff can understand to avoid any confusion. Face to Face contact whilst on shift. Even though it can be easier to put information into a communication it is not always the best form of communication to all, why because we are all individuals. Some individuals require management to discuss any issues via face to face contact as some individuals tend to understand more when they are listening and picking up body language when talking. We can support individual threw face to face contact by asking them do they understand and if there is any other way they would like the information, you can also effective communication by ensuring the person is focused on you rather than the things going on in the environment.

Mythology: Dionysus And Semele :: essays research papers

Mythology: Dionysus And Semele   Ã‚  Ã‚  Ã‚  Ã‚  Semele was the daughter of Cadmus and Harmonia, king and queen of Thebes, and the mother of Dionysus, god of wine. Zeus fell madly in love with her and made an oath to do anything that she asked. Hera, the jealous wife of Zeus,realized Zeus was in love with Semele and tricked Semele into asking Zeus to let her see him in his majesty. Bound by an oath, Zeus appeared before the unfortunate woman in all his divine glory. (Morford-Lenardon 187) As she looked at him, she was consumed by the lightening bolts and light that radiated from him. Zeus was able to rescue her unborn child, Dionysus, and hid him in his side until it was ready to be born.   Ã‚  Ã‚  Ã‚  Ã‚  Hermes carried Dionysus to be cared for by the nymphs of Nysa-the loveliest of earth's valleys.(Hamilton 65) When Dionysus had grown up, he wandered to many far and strange places. Everywhere he went he taught men the culture of the vine and mysteries of his worship and everywhere he had been, he was accepted as a god.   Ã‚  Ã‚  Ã‚  Ã‚  Dionysus went to Thebes to establish his worship, since that was his mother's city. He was accompanied by the Maenads. Pentheus, the King of Thebes, was not happy with the behavior of this group of strangers. He ordered his soldiers to imprison the visitors, but he had no idea that Dionysus was a new god.   Ã‚  Ã‚  Ã‚  Ã‚  The soldiers tried to imprison the maidens but said that the doors unbarred themselves. Pentheus was furious. He ordered his soldiers to imprison Dionysus but the prison could not hold him. Dionysis tried to show that the wonders of this new worship of a new and great god was divine but when Pentheus only heaped insults and threats upon him, Dionysus left him to his doom.(Hamilton 71)   Ã‚  Ã‚  Ã‚  Ã‚  When Pentheus went to pursue the maidens that had escaped his prison, many Theban women joined him, and that is when Dionysis made them mad and they thought Pentheus was a wild beast and tore him apart.That is when Pentheus realized that he had fought with a god and must now pay with his life.   Ã‚  Ã‚  Ã‚  Ã‚  Some time during his wanderings, Dionysus came upon the princess of Crete, Ariadne, when she was utterly desolate, having been abandoned on the shore of the island of Naxos by the Athenian prince, Theseus, whose life she had saved. (Hamilton 67) Dionysus rescued her and later fell in love with her. When she died, Dionysus took her crown and put it among the stars.   Ã‚  Ã‚  Ã‚  Ã‚  His mother, Semele, whom he had never seen, was not forgotten.

Impact Of Insomnia On Daytime Ability To Function Essay

Insomnia pertains to a symptom that is characterized by the difficulty in falling asleep. In other cases, insomnia is also involved in not being able to sleep for the required number of hours each night. It is thus pertinent to describe insomnia as a symptom associated with poor quality or insufficiency of sleep. Several factors may trigger the symptom of insomnia in an individual, hence this condition can be considered as situational, wherein a certain incident may result in an individual’s inability to sleep. Insomnia may also be described based on its occurrence in an individual, thus resulting in intermittent or persistent forms (Davidson 109). Insomnia generally occurs with another medical condition, such as a psychiatric disease or drug abuse. The importance of treatment regimens for insomnia has been the focus of biomedical research as it has long been established that insomnia does not resolve through time. More importantly, it has been reported that insomnia can significantly affect the quality of life of an individual. In addition, insomnia can result in the further progression of a psychiatric disorder, thus putting a patient at greater risk for mental health deterioration (Davidson 112). It has also been observed that the occurrence of insomnia is positively correlated to the frequency of consultations with a physician, as additional medical disorders are caused by this sleeping symptom. Impact of insomnia on sleep As insomnia is a symptom that affects sleep, it is important to determine the causative factors that result in such condition. The most common factors that influence the occurrence of insomnia include stressful incidents in the life of an individual. Death of a loved one, as well as conflict with another individual, often results in insomnia (Davidson 110). Illness and problems with work or study can also result in a difficulty in sleeping. Environmental factors may also result in insomnia, such as that of residing in a location where there is constant noise from traffic or construction. Social conditions may also influence the occurrence of insomnia, such as that of caring for a newborn baby right after childbirth. However, it should be understood that the sleeping patterns of pregnant women after generally disturbed and thus may even be more severe after childbirth. It has been suggested that post-partum insomnia may be possibly due to the mother’s instinct of providing constant care for her child, in terms of feeding and cleaning the baby. Other social factors that result in insomnia include having an adolescent child who spends evenings outside the home and the parents worriedly stay awake until their child comes home (Davidson 110). Age has also been reported to influence the occurrence on insomnia. It has been observed that insomnia is a common symptom that afflicts women who have reached the transition stage into menopause, as this phase of their life causes much distress to them. Caring for a sick elderly individual also results in insomnia, as the caretaker vigilantly checks on an older individual throughout the night. This condition tends to be more difficult when the elderly person is also suffering from Alzheimer’s disease, which is generally characterized by straying to other places even in the late hours of the night. The caretaker thus tends to keep watch over the actions of the elderly person in order to keep him from harm. Impact of insomnia of waking functioning Circadian rhythm pertains to the cyclic patterns that an individual undertakes based on a synchronizing stimulus. Most living species synchronize their activities based on the most ominous factor, which is the light emanating from the sun. In the case of human beings, sunlight determines whether it is time to awaken or to sleep. The presence of light also influences the majority of the physiologic activities of the human body, including the time of the meals in an entire day. The circadian clock of every individual is thus set according to the standard day, wherein sunlight in present for approximately 12 hours and absence for another 12 hours. Within the evening, the human body is programmed to rest and this is mainly through sleep. The occurrence of insomnia can affect an individual’s circadian rhythm as the length or the quality of sleep is affected. An individual with insomnia may be awake at least half of the night and thus find poor coordination in his motor and mental skills during the day. Individuals who work on a shift basis are often affected by insomnia as they are generally assigned to different hours every few months (Shechter 15). Healthcare personnel, such as nurses and technologists, are usually assigned to work on the night shift for 3 months and thus their circadian rhythm is misaligned during this period. Once they return to their daytime shift, they find difficulty in falling asleep as their bodies have already adjusted to a modified circadian rhythm (Shechter 14). The same conditions also occur in other jobs that are associated with changes in shift duties, including those in the police departments and other 24-hour surveillance jobs. The perturbation in the circadian rhythm and its association to the onset of insomnia often results in the deterioration of the quality of work of an individual or a poor performance in school. In addition, an individual with insomnia usually shows poor cognitive capacity, as well as a decrease in the productivity at work. These individuals often lack the capacity to focus on their activities, resulting in accidents (Shechter 15). It is a common occurrence that drivers get into accidents due to the lack of sleep and thus their motor skills and reflex actions are not that reactive during the day. Polysomnographic features of insomnia Polysomnographic studies have shown that an individual with insomnia is generally characterized to have a short latency period during their sleep (Shechter 14). In addition, the sleep efficiency of these individuals is significantly low, resulting in the frequent and easy awakening by even simple stimuli in their immediate environment. The rapid eye movement (REM) and sigma sleep stages of individuals with insomnia are largely influenced by the circadian rhythms that are been set by their bodies and thus any change in the sleeping quality and habits may affect these sleep stages. Any disturbance in these sleep stages may result in the lack of or difficulty in sleeping. Polysomnographic investigations have also shown that the core body temperature in influenced by an individual’s circadian rhythm. Sleep is thus normally observed in the evening, when the core body temperature is significantly lower than what is usually observed during the day. Any shift in the circadian rhythm of an individual may thus result in an unexpected core body temperature, resulting in an individual’s difficulty in falling asleep. This core body temperature should be achieved approximately six hours before going to sleep, in order for an individual to achieve the normal 8 hours of sleep. For an individual who attends to a night-shift job, the usual length of sleep varies from 4 to 7 hours, which is a prime feature of insomnia. Behavior and/or therapeutic recommendations for insomnia It is possible to adapt behavioral conditioning strategies for insomnia. Individuals suffering from insomnia often spend hours or several evenings in bed but are fully awake the entire time. Their insomnia thus further worsens as their brain is conditioned to consider the bed and the bedroom as sites where one stays awake and any attempt to further induce sleep may be futile. It is thus suggested that when one feels sleepy, regardless of the time of day, one should then attempt to go to his bed in order to teach his brain that the bed is a place to sleep. It is also not helpful for an individual with insomnia to find a substitute place to sleep, such as the couch, as this will condition his mind that the couch is his sleeping niche and eventually, going back to the bedroom can even be harder to achieve. There are specific drug formulations that may also aid an individual suffering from insomnia. One of the most common medications is benzodiazepine, which binds to the gamma-aminobutyric acid receptors of the brain, which is responsible to the excitation of neural cells (Davidson 111). This binding thus results in the inhibition of the neural functions of the individual, resulting in a sleepy mode. One negative effect of benzodiazepine is that the normal stages of sleep are affected and thus may trigger unnecessary changes in the duration of each stage and possibly dependence on the drug. It is also possible that this drug may induce hypnotic effects on an individual. Non-benzodiazepine formulations are also available for the treatment of insomnia. Melatonin is another therapeutic regimen that may be administered to an individual with insomnia (Davidson 112). There is currently great debate with regards to the effectiveness of this drug, as it has mostly been applied to individuals suffering from jet lag-induced insomnia and thus this drug may not be effective for other insomnias that are caused by other factors. Antidepressants and antihistamines can also be administered to insomnia patients to alleviate their difficulty in falling asleep. Herbal concoctions have also been reported to facilitate sleep. A few of the most used herb are chamomile, kava kava and lavender, which can be supplied in tea formats. Personal reflections Insomnia is generally regarded as a simple condition that is often misunderstood and mistreated. It is important that insomnia be addressed as soon as possible because this condition often affects several systems of the human body and may thus result in the decrease in the immune capacity of an individual. Insomnia can also affect the quality of work or study of an individual and thus this negative effect should be addressed at the earliest possible time. Social interactions can also be affected by insomnia, as these individuals are often irritable and sensitive. Several accidents have also been caused by the lack of sleep and it is possible that an individual may hurt himself while working and even hurt other people, especially when they are using a motor vehicle when they suddenly lose attention or fall asleep. It is thus imperative that individuals with insomnia be educated on what to do to take control of their condition and possibly go back to their normal circadian patterns.

Financial analysis for smartphone industry

After a heat discussion, our team chose the smart phone industry for the following two reasons. Firstly, telephone is a significant communicating instrument around the world today. International Telecommunication Union predicts that the number of cell phones would exceed the number of human beings in 2014. Secondly, with the increasingly functions of smart phone, it plays a vital role in the relevant industries. The flourishing development of smart phone industry also accelerates the development of other industries such as the cell phone battery industry and cell phone game industry. . 1 Industry Analysis We are talking about smart phone industry specifically. The newly formed competitive market includes hardware manufacturing, operating systems and content. Looking back on the history, leaders of those fields have changed a lot, as Monika, Motorola and RIM have been transcended by Apple, Samsung and other brands. Apply Porter's five force analysis to smart phone industry. Starting f rom threat of entry, software faces this more because of open platforms. Floods of capitals are required for R and operation levels, thus this threat is moderately high.Substitutes like Pads, Notebook and laptops have entered the market causing the threat. Threat also comes from suppliers, fragmented supply and the difficulty of vertical integration have impeded company profiting. But the threat is low overall. Meanwhile, buyers also impact threat by various demands and higher bargaining power. All these four threats result in a high threat of rivalry. Brand and concentrated market also matter. For the industry status, in 2011, the smart phone application market was about USED 6. 7 billion which is expected to be USED 1 55 billion with CARR of almost 55% from 2011 to 2017.In addition, worldwide sales of smart phones to end users totaled 968 million units in 2013, an increase of 42. Percent from 2012. Sales of smart phones accounted for 53. 6 percent of overall mobile phone sales in 2013 which accounts for 75. 8% of the overall mobile handset revenue. 1. 3 Firm description We choose six companies in smart phone industry to do some analysis. They are Sony, Apple, Samsung, ETC, Black Berry and Monika. The firms we choose represent different level of performance in the industry. Apple and Samsung are outstanding firms with higher net income and greater profitability.MONIKA, SONY and Blackberry are firms once created brilliant achievements but suffer from ailing business in the past 3 years. ETC is a newly brought-in competitor with advanced technology in developing smart phones. The six firms experienced different types of history. Samsung struggled with poor quality and inferior products in its earlier times. Apple seemed to grow gradually since it was established. On the contrary, Blackberry and MONIKA were once outstanding in the industry. SONY (SONY Ericson) left behind when transforming from mobile phones to smart phones.ETC has a short history. Most of the f irms experienced several important mergers or acquisition in the past 5 years. Badly-performed firms shrink while well-performed ones expand their equines by proper selling plans or acquisitions. Some important events are as follows. Microsoft declared to acquire Ionians mobile business and large amounts of patent portfolios with 7. 17 billion dollars. Blackberry made an announcement that the corporation agreed to be acquired by Fairfax Financial Holdings at the price of 47 billion, though the selling plan turns out to be failed.SONY and Ericson were incorporated into Sony Mobile Communications. 2. Past performance analysis Note: Risk free rate: US. Government bond rate for 5 years Expected market return: historical industry return for 5 years 2. 1 Samsung 013 is a fancy year for Samsung, possessing the biggest market share in smart phone for 31. 5% ahead of 15. 5% for Apple. For the first sq in 2013, PEE ratio decreased from 9. 09% to 6. 99% and it rose to 7. 30% in SQ. For the cap ital structure, 93. 2% was financed by equity and bond took up 6. 7%. Stock return for 2013 is -3. 7%. Move to past areas. PIE ratio experienced biggest decrease from 1 1. 88% to 7. 04%. Stock return is waving from 2. 98% to 28. 53%. Now focus on past areas. PEE ratio as 1 1. 88% peaked in 2011 standing out from a general downward trend. Besides, the releasing of GALAXY Tab 3 and GALAXY Note 10. Drove inventory turnover ratio higher. The peak for debt to equity ratio appeared in 2011 which is 0. 1446 and the trend is downward. Stock return in 2009 is highest for 64. 42%. The cost of equity for Samsung is 27. 63% given its current beta is 1. 12.For the dividend policy, the payout ratios are 12. 3%, 9. 3%, 6. 0%, 5. 1% and 7. 11%respectively since 2009. The most recent dividend pay date is on August 26, painting out 75. 4 million USED. On July 17 2012, Samsung acquired the handset operations of CARS Pl, and invested a 4. 9% stake in the company later. It is the largest acquisition cas e for Samsung since the 1997 uncial crisis. Actually, Samsung completed 5 acquisitions in 2012 which is more frequent than before. Acquisitions progress appears in net income rising from in 2011 to and to in 2012 and 2013.Inventions also declined from 3,859,994 to 2,918,234 until 2013. Samsung sold a record 86 million smart phones in Quaff 2013 and widened its lead over Apple selling 51 million for phone 5. 2. 2 Monika In 2013, Monika had a negative PEPS, showing that Monika didn't do well in 2013. The inventory turnover was about 6. 0, lower than the industry average (about). ROE was negative. The debt/asset ratio was 72. 59%. The dividend per share was O in 2013. The stock return was 97% in 2013 and the cost of equity for Monika is 8. 66%, given its current beta is 1. 3. Looking at the past 3 years, we find Debt/Equity ratio of Monika was increasing constantly. The ROE ratio was always negative over the past three years, decreasing from 2011 to 2012 and increasing from 2012 to 201 3. The dividend per share decreased from 0. 33 in 2011 to 0. 13 in 2012, then too in 2013. The stock return increased from -55% in 2011 to -23% in 2012, then to 97% in 2013. Considering the past five years performance, we find that Monika did quite a good Job in 2009 and 010 because its PIE ratios were positive and really high.The dividend per share decreased from 0. 41 in 2009 to 0. 31 in 2010. The trend of dividend per share from 2009 to 2013 is declining. The stock return increased from 2009 to 2013 while it was negative from 2009 to 2012. As for important events, on September 3rd, 2013, Microsoft declared to acquire Ionians mobile business and a large amount of patent portfolios with 7. 17 billion dollars. The stock price of Monika soared from about 3 dollars per share to about 8 dollars per share from August 29th, 2013 to November 18th, 2013.We compare the financial performance of the third quarter and fourth quarter of 2013 and find that net income increased a lot from -91 mil lions to -millions of dollars. 2. 3 Apple In 2013, Apple had a perfect performance. The ROE (about 0. 3064) and PIE ratio (about 15. 21) are both three times higher than the industry average, Besides, the inventory turnover of Apple is about 83, Apple is already well-known for its supply chain. The company's 40. 31% of assets came from debt and 59. 69% of assets came from equity. The of PAPAL in 2013 is 0. 74, and the cost of capital for PAPAL is 22. 3 percent in 2013.In the past 3 years, the current ratio and price-earnings ratio did not change a lot, but ROE decrease sharply in 2013, and the debt/equity decreased in 2012 and increased in 2013, meaning that the company issued more stocks than bonds in 2012. The annual stock return 0. 013 in 2013, 0. Tent 2012, and 0. 243 in 2011. Looking back over 5 years, the ROE increased from 2009 to 2012 and decreased in 2013. The inventory turnover went up sharply from 2012 and went down a little in 2013, which is partially because of the phon e ass's huge success. In addition, PAPAL began giving shareholders a quarterly dividend of $2. Per share in 2012. This dividend yield is about 1. 2% higher than the industry average. Apple's business philosophy is to acquire small companies that can be easily integrated into existing company projects, so Apple did more than 60 small acquisitions in the last decades. Apple merged plenty of software makers including Sir. After the acquisition, Sir has been an intelligent personal assistant and was introduced as a feature of the phone AS. This technical innovation has been a huge success so that more than 50% profit of Apple company came from phone in 2012. 2. ETC 013 is a struggling year for ETC, we can see that most of the key ratios of the company are under the industry average, profitability measures are almost all negative, and ROE are -1. 67, indicating that ETC failed to earn enough profit to even cover its expense. The high Debt/equity ratio (1. 22) makes its stock risky. The o f ETC in 2013 is 1. 88, while the industry average is only 1. 12. High makes the cost to raise capital high too. The cost of capital for ETC is 10. 13 percent in 2013. Looking back over 3 years, we found that Itch's profit has been declining since 2011, inventory turnover declined from 12. 8 to 7. 0 due to the poor sale and management problem. The annual stock return -0. 525 in 2013, 0. 064 2012, and -0. 392 in 2011. Looking back over 5 years, it is clear that the business boomed during 2009 and 2011, and started to fall behind since then. The sale increased by about 1 11% from 2009 to 2010, but stock price has fallen by 90 percent since then. Besides, the company prescribed at least 50% of the total dividend be distributed as cash dividend, it pay dividend in July or August every year. ETC believe that acquisitions are the key to help ETC quickly grow to compete with its competitors.So ETC spent more than $700 lions on acquisition in 2010 and 2011 trying to gain market share. Major mergers include SO Graphics, Beats Electronics LLC, and etc. However, Itch's acquisition strategy didn't work well as expected. Those deals neither helped ETC to boost its brand image or to win the law suit, the sale have also been decreasing since the requested of 2011. 2. 5 Sony From 2009 to 2013, Sony had gone through a road of difficult and twists. In 2013, Sony didn't have a well performance. Its current ratio, ROE and inventory turnover ratio is under industry average.To be specific, its inventory turnover ratio is the lowest. Through its PEE ratio is strangely high, I think it mostly related to the small profit number. Looking back over 3 years, we can see most ratio, including ROE and inventory turnover ratio, had a peak in 2012. Especially ROE had a soaring from 2011 to 2012. There are four reasons. First, Sony Corp. acquired the remaining 50% stake from ELM Ericson Telethon ABA on February 15, 2012, which made mobile phone sales increased a lot. Last, the yen devalued. Lo oking back over 5 years, the current ratio and ROE had a drop until 2011.The inventory turnover ratio had a peak in 2010 while he debt-equity ratio increased until 2012. Actually, Sony had negative net income for consecutive four years. Not only it is a result of disasters such as JP Tsunami, but also it is because the yen appreciate and digital products from Japan were shocked by other goods. The stock return ratio of Sony from 2009 to 2011 has dropped from 0. 5 to -0. 47. However, it began to increase then. The ratio in 2013 is about 0. 15. It is consistent with what ROE shows. The cost of equity is 52. 72%. It is large due to the high Arm (29. 64%) and high risk (beta-?I . 2). 2. 6 Blackberry 2013 is not a pleasant year for Blackberry. The ability to generate profit is far behind its peer competitors. PEPS and ROE of the firm are -1. 23 and -6. 61% due to the negative net income. However, the current ratio highly above the industry average (about 1. 09). Stocks risk of Blackberry is low, measured in of 0. 48. Based on p, the cost of capital is 3. 70%. On account of the bad performance over the year, annual stock return in 2013 is -0. 426. Looking back to the past three-year performance, Blackberry dropped from its recent peak in 2011 to historical worst.Blackberry experienced a terrible service interrupt in Cot, 2011, which severely damaged the rim reputation and directly caused the following bad performances. Business declined sharply in 2012, with falling ROE and PEE ratio. In retrospect the performance in last five years, we could see that even under unpleasant financial crisis, Blackberry still could hold itself. PEE ratio was 17. 1 in 2009 and 10. 0 in 2012, both showing a good prospect, however, the ratio then began to decrease sharply after 2010. Annual stock return was at first positive in 2009(0. 19), but it has fallen below zero ever since. Inventory turnover is quite stable during the whole period. No dividend has been strutted during recent five years because of the disappointing performance. Most important series of restructuring events in Blackberry's history appeared in the year 2013. BlackBerry first announced to have reached a potential acquisition agreement with its biggest shareholder Fairfax Financial on Seep 23rd, after this good news, the stock price of BlackBerry shot up 0. 6 dollars. But the potential acquisition plan didn't last for a long time.In Novena, 2013 BlackBerry declared the breakdown of the selling plan. By pm Novo 4th, the stock price of BlackBerry has dropped 1. 44 dollars (18. 53%). 3. Future performance analysis . 1 Pro formal Pro formal of Cash Flow Pro formal of Balance Sheet & Income Statement Note: Erg (regression) W-M (weighted-moving-average method) Final (final forecast) We complete the pro formal by three steps. First step is to do an autoregressive analysis to forecast the data of 2014 and 201 5 through the historical data from 2009 to 2013. Then, we computed the weighted average by givi ng the weight of 0. 5, 0. 1, 0. 15, 0. 3, and 0. 4. Finally, we find some forward looking data predicted by economic forecasters on the internet and use moving weighted average method to get final data which are more efficient. What is more, if there is no forward looking data, we use weighted average on the regressive result and average result. We combined two different methods to do the forecast. Because every method has it is own drawback. For the regression method, it cannot show that the latest data, which indicates the trends more accurately, is more vital than the previous one.And the weighted average can overcome this drawback by giving the latest data more weights. But for some items like income, we think the result of regression method is more accurately. So we combined these two methods by using weighted average. 3. 2 Recommendation We divided the analysis of future performance of PAPAL into two parts: The analysis of data and the analysis of reality. Firstly, Let us focu s on the forecast data. We analyze three kinds of vital data measuring the performance of PAPAL. The first one is earnings per share (PEPS), which reflects the ability of company to generating profit.We forecast this data by regression, which is to estimate the net income and shares and do a Multivariate regression. The result is around 45. Then, there are five websites give out the PEPS estimate around 47. 9. We give them weights and get the final data of 47. . PEPS is the dollar value of earnings per each outstanding share of a company's common stock. Higher PEPS means that the company can generate more net income by each share and it can use less capital to get higher profit. Besides, the dividend may be high because of the high PEPS. The forecast data 47. In 201 5 is higher than today's data and it is reliable, because the net income and the shares are both increasing and the increasing speed of shares is slowly. So the performance of PAPAL will be better in the future. The seco nd one is PIE ratio. We use the weighted average method to get PIE in 201 5, which is 13. 2, and we also use the regression method to get it, which is 13. 44. We find that the forecast PIE ratio in Yahoo is 13. 07, which is not a high one. Theoretically speaking, a stock with low PIE ratio is a good one to investment, because the purchase cost is low.Besides, we think the value of PAPAL is underestimated now because of the high PEPS and the low PIE ratio. The price of stock will go up in the future. The third one is ROE, which shows how well PAPAL uses investment funds to earnings growth. We use the weighted average method to get ROE in 201 5, which is 36. 34%, and we also use the regression method to get it, which is 38. 6%. The average number is 37. 6%. ROE measures the rate of return on the shareholders' equity of the stock owners, which measures a firm's ability of generating profits from every unit of shareholders' equity.Generally speaking, ROES more than 10% are considered go od. Besides, the ROE of PAPAL is a reliable one, because the debt asset ratio is not high. In conclusion, we recommend that stockholders could hold Pal's stock for a long time because of the low PIE ratio and the high ROE. Performance we forecasted originates from two reality parts, one is expected increase based on past and current situations and the other is unexpected hangs including systematic and unsystematic risks align with future. The anticipated two opportunities for Apple are analyzed as following.The global market for smart phone will grow in few years based on GIG prediction and the annual sale is expected to increase from 1 billion in 2013 to 1 . Billion in 2017. Until the end of 2013, the SIS system accounted for 41. 2% and Android is 51. 9% comparatively. This intense rising user trend will amplify the market pie. The other is the cooperation with China Mobile. Above million regular customers of China Mobile will assist the sales rise for Apple. Unexpected systematic risk consists of interest rate risk and foreign currency risk. The company typically invests in highly-rated securities and changes in U.S. Interest rates affect the interest earned on the company's cash, cash equivalents and marketable securities, the fair value of those securities, as well as costs associated with hedging. In the third quarter of 2013, the company issued $17. 0 billion of long-term debt, which included $3. 0 billion of floating-rate notes. In addition, Apple is a net receiver of foreign currencies and changes in exchange rates, particularly strengthening of U. S. Lars will negatively affect its net sales and gross margins expressed as U. S. Dollars originally. Unsystematic risk involves Apple's internal specific performance.New products release like will be a main source. The attraction of next generation Apple phone is controversial and based on past dissatisfying sales of phone and pad, their growth rate nearly held constant. Some people concern its innovation w ithout Jobs but some analysts note that the bigger size for phones will eliminate advantage of Android system brands like Samsung. Charm of wearing new product which is twitch concretely is also worth anticipating ND we may get some indicts from the coming WAD held in Los Angels. Beyond this, Apple will increase repurchase of stocks and issuance of dividends.According to Sanford C. Bernstein prediction, Apple will issue BIB dollars dividends in 2015. This will increase the value of stocks held on shareholders if the PEE ratio increased after the issuance. 4. Relative Performance According to the comparison of 5 key ratios, the underperforming corporations are SONY, Blackberry, ETC and MONIKA. Most of the firm shared common problems in several aspects as lack of innovative products and inventory management, while mom have critical faults in designing strategies. Relative performance and recommendations are as follows.According to the lowest inventory turnover ratio of Sony among its industry peers, one recommendation for Sony is to turn over its inventory quickly. It can improve its supply chain, manage efficiently to product appropriately. Due to the fast update of digital products, long inventory turnover period will enlarge the risk and the cost. Besides, 3. 1% of the market share is so small compared with Samsung and Apple that its ROE can't increase smoothly. The key to increase its market share is to launch the new production. Only by creating great mobile phones like phone, can Sony rebuild its Sony Time.Similar problems appeared in Blackberry and Monika. Most of Blackberry's profitability ratios as PEE, ROE and PEPS are under industry average due to firm's negative net income. The reasons are lack of attractive application programs and disappointing new product. Apple's phone and Google's Android squeezed the market share of Blackberry smart phone. The newly launched table PC was also not satisfying with simple functions but high selling price. Blackber ry should not only depend on its good reputation in E-mail recessing system, but focus more on user's entertainment experience like fancy interface and programs.Besides, Blackberry is the only one who ignores the prospect in China. To recover from declining tendency, a competitive product is required to open its Chinese market. The negative ROE and low inventory turnover ratio indicates that MONIKA is losing money . The reason is that the product of Monika is not as popular as that of other leading companies like Apple and considered to be lack of innovation, and its Simian operating system (until 2013) is not advocated by developers. So Monika should increase funding for research and develop products that appeal the consumers.Given that the mobile phone business of Monika was acquired by Microsoft on April 5th, 2014 (the acquisition was started on September 3rd, 2013), Microsoft should learn a lesson from the failure of Monika. ETC has been struggling in China due to price competit ion and limited distribution. Many people think the wrong high-end market strategy got ETC into trouble. To get out of woods, ETC may need to forget its strategy on high-end market and consider a partnership (merger) with another smart phone company that could provide synergy.Chinese smart phone makers sell products domestically because they have weak brand awareness in other regions, but ETC has established solid brand awareness in the United States and Europe, which Chinese handset makers could capitalize on. And ETC could get resources to get through this situation and look for new chances for development. So a merger with Chinese films could be a win-win. 5. Conclusion From the perspective of companies in the smart phone industry: Considering the fast speed of development of Asia-Pacific market, each company should strive to evolve Asia-Pacific market.Moreover, the target market of the company must be effective. As for products, companies should develop the products that satisfy consumers' preference. From the perspective of investors: The smart phone industry has a great development potential, so investors have substantial investment opportunities in this industry. But investors should cautiously determine the invested companies. We recommend selecting invested companies according to their past and future financial performance, the fitness between their products and the preference f the market, the market strategies and so on.

Timeline of the Russian Revolution of 1905

Timeline of the Russian Revolution of 1905 While Russia had a revolution in 1917 (in fact two), it nearly had one in 1905. There were the same marches and vast strikes, but in 1905 the revolution was crushed in a manner that affected how things unraveled in 1917 (including a great deal of fear things would repeat and a new revolution would fail). What was the difference? World War One had not acted as a magnifying glass for problems, and the military mostly stayed loyal. January January 3-8: 120,000 workers strike in St. Petersburg; government warns against any organized marches. January 9: Bloody Sunday. 150,000 striking workers and their families march through St. Petersburg to deliver a protest to the Tsar  but are shot and ridden down on multiple occasions by the army. Reaction to the massacre spreads across neighboring regions, especially the industrial centers which experience spontaneous workers strikes. February February: The strike movement spreads down to the Caucasus. February 4: Grand-Duke Sergei Alexandrovich is killed by an SR assassin as protests grow. February 6: Notably large rural disorder, especially in Kursk. February 18: Reacting to the growing troubles, Nicholas II orders the creation of a consultative assembly to report on constitutional reform; the move is less than the revolutionaries want, but it gives them impetus. March The strike movement and unrest reaches Siberia and the Urals. April April 2: The second National Congress of Zemstvos again demands a constitutional assembly; the Union of Unions formed. May Embarrassment for the government as the Baltic Fleet is easily sunk, having spent 7 months sailing round to Japan. June June: Soldiers used against strikers in Lodz. June 18: Odessa is halted by a large strike. June 14-24: Sailors mutiny on the Battleship Potemkin. August August: Moscow holds the first Conference of the Peasants union; Nizhnii holds the First Congress of the Muslim Union, one of many groups pushing for regional - often national - autonomy. August 6: Tsar issues a manifesto on the creation of a state Duma; this plan, created by Bulygin and nicknamed the Bulygin Duma, is rejected by revolutionaries for being too weak and having a tiny electorate. August 23: Treaty of Portsmouth ends the Russo-Japanese war; Russia has been beaten by an opponent they were expected to easily defeat. September September 23: Printers strike in Moscow, the start of Russias first General Strike. October October 1905 - July 1906: The Peasant Union of the Volokolamsk District creates the independent Markovo Republic; it survives, 80 miles from Moscow, until the government crushes it in July 1906. October 6: Rail workers join the strike. October 9: As telegraph workers join the strike, Witte warns the Tsar that to save Russia he must make great reforms or impose a dictatorship. October 12: Strike action has developed into a General Strike. October 13: A council is formed to represent striking workers: the St. Petersburg Soviet of Workers Deputies; it functions as an alternative government. The Mensheviks dominate it as the Bolsheviks boycott and similar soviets are soon created in other cities. October 17: Nicholas II issues the October Manifesto, a liberal scheme proposed by Witte. It grants civil liberties, the need for Duma consent before passing laws and a widening of the Duma electorate to include all Russians; mass celebrations follow; political parties form and rebels return, but acceptance of the Manifesto pushes the liberals and socialists apart. The St. Petersburg soviet prints its first issue of the newssheet Izvestia; left and right groups clash in streetfights. October: Lvov joins the Constitutional Democrat (Kadet) party, which includes the more radical zemstvo menmen, nobles, and scholars; conservative liberals form the Octobrist Party. These are the people who have led the revolution so far. October 18: N. E. Bauman, a Bolshevik activist, is killed during a streetfight triggering a street war between the Tsar supporting right and the revolutionary left. October 19: The Council of Ministers is created, a government cabinet under Witte; leading Kadets are offered posts, but refuse. October 20: Baumans funeral is the focus of major demonstrations and violence. October 21: The General Strike is ended by the St. Petersburg Soviet. October 26-27: The Kronstadt mutiny. October 30-31: The Vladivostok Mutiny. November November 6-12: The Peasants Union holds a conference in Moscow, demanding a constituent assembly, land redistribution and political union between peasants and urban workers. November 8: The Union of Russian People is created by Dubrovin. This early fascist group aims to fight against the left and is funded by government officials. November 14: The Moscow branch of the Peasants Union is arrested by the government. November 16: Telephone/graph workers strike. November 24: Tsar introduces Provisional Rules, which at once abolish some aspects of censorship, but introduce harsher penalties for those praising criminal acts. November 26: Head of the St. Petersburg Soviet, Khrustalev-Nosar, arrested. November 27: The St. Petersburg Soviet appeals to the armed forces and elects a triumvirate to replace Nosar; it includes Trotsky. December December 3: The St. Petersburg Soviet is arrested en masse after Socialist Democrats (SD) hand out weapons. December 10-15: The Moscow Uprising, where rebels and militias try to take the city through armed struggle; it fails. No other major rebellions take place, but the Tsar and the right react: the police regime returns and the army sweeps across Russia crushing dissent. December 11: Russias urban population and workers are enfranchised by electoral changes. December: Nicholas II and his son given honorary membership of the Union of the Russian People; they accept.

The 7 Personality Traits that Can Destroy Your Career

The 7 Personality Traits that Can Destroy Your Career Of all the things you think may destroy your career, you probably didn’t expect your own personality to be one of them. But while some character traits are innate, others are under your control. It’s up to you to tend your own garden- rip out the weeds and plant seeds for stronger, better plants. Whatever you do, make sure to keep an eye out for these 7 traits, which can really put a damper on your career.1. NarcissismMost people you work with are going to be able to tell if you’re an insufferable narcissist. You have an aversion to teamwork? Your colleagues can tell. Remember: your pain, your annoyance, your moods, and your bad day are no worse or more important than anybody else’s. Try to think about others every now and then. Your career will thank you.2. Complaining After the FactYou’ve had a meeting and things have been debated and discussed thoroughly. If you didn’t speak up then, you’ve forfeited your right to speak after. If yo u don’t have the guts to voice your opinions or contribute in the meeting, then keep your complaints to yourself.3.  Ignoring Your TeamDon’t pretend that you’ve done everything yourself with each small victory. Most workplace accomplishments are not solo ventures. Thank the people that helped you score those victories. Don’t ever be the guy who says â€Å"that’s not my job.† Pitch in! And never never throw anyone under the bus.4. GossipingNobody loves a gossip. You might make a few shallow friends fairly quickly at the water cooler, but you won’t keep them, and you could get yourself in real social and professional trouble.5.  Constant ComplainingNobody likes a pessimist. Start counting the number of times you complain or say something negative in a day. If it’s more than 3, you have a problem. If it’s more than 30, you’re well on track to being the most hated dude in the office.6. CrudenessYou don’t ha ve to be Suzy Perfect, but you should try to keep a little decorum. Try not to be flatulent or curse so much that no one wants to be around you. Be a force for good in your office!7.  Excessive SarcasmBe generous and nice. If you feel the urge to be sarcastic or snide, hold it back. There is a way to be a good person and make people laugh. Try not to get your way or get a laugh at anybody else’s expense.If you have any one (or more) of these traits, it might be time to start thinking about how to prune your bad angels and start watering your good ones.