Sunday, December 29, 2019

Genetic Engineering - Genetics and the Future of Medicine...

Genetics and the Future of Medicine Around the world and all through time that man-kind has walked the earth, medicines have been used to cure a variety of diseases and disorders. The field of medicine has made astonishing advancements from the times of Voo Doo and â€Å"medicines† simply being successful due to the placebo effect, to the current studies of medicine that physically cure. Today’s pharmaceutical industry is said to be â€Å"one size fits all†, in the belief that one kind of medication for a certain problem, is the right medicine for everyone. This idea could be part of the distant past. Using genetics, a certain kind of medicine could be prescribed so that there are no gene inducing side effects, and to receive the best†¦show more content†¦Genetics is helping to answer questions about why some drugs work better on certain people, and why others suffer tragic side effects. The Journal of the American Medical Association published a study in 1998 estimating that 2.2 mill ion people had negative effects from prescription drugs, and of the 2.2 million, roughly 106,000 died. According to Dale Pfost, the president and CEO of the Princeton Orchid Biosciences, the pharmaceutical industry withholds a major secret. Pfost claims that the industry spends more money on curing people who have bad reactions to drugs, as opposed to developing drugs that will not have the side effects. Within the next five years, tests that find what kind of individuals will have a harmful reaction will be used to develop new drugs. Eventually, as technology expands, scientists will have enough knowledge about genes to be able to cure genetic disorders. The idea of solving this puzzle sounds pleasant, however, with every action there is an equal and opposite reaction, meaning that along with the perks of fixing genetic diseases, problems will follow behind. This is discussed thoroughly in the article titled â€Å"Shaping Priorities in Genetic Medicine,† written by Phil ip Boyle. Though there are many advantages to the use of genetics in medicine, some people have the belief that the cure is worse than the disease. Stemming off from the positive side of genetic curing are ideas and possibilities that would harm people ratherShow MoreRelatedDustin Peacher . Engl 1302.C09. Professor Mccovery. April985 Words   |  4 Pagesof Genetic Engineering and it s Ethics How far would you go to save human lives and to progress society for those in need? The benefits of genetic engineering have shown to outweigh the ethical and environmental consequences associated within the field. Genetic Engineering has shown to provide major benefits in the field of medicine and agriculture but is faced with extreme criticism and backlash, specifically on the basis of ethics. To understand the modern concept over field of the Genetic EngineeringRead MoreHuman Genetic Engineering : Ethical Or Not?1117 Words   |  5 PagesKendal Gower Professor Fountain English 101 17 September 2014 Human Genetic Engineering: Ethical or Not? If man could prevent his child from having Tay Sachs Disease, Cystic Fibrosis, Down Syndrome and other life threatening genetic disorders, should he be able to? Using human genetic engineering, scientists have developed the skills and techniques to do just this. Human genetic engineering, however, is fairly new in the science world and many questions and unresolved problems still remain. ThisRead MoreGenetic Research Is Destroying Humanity1260 Words   |  6 PagesIs genetic research the breakthrough to improving our lives, or the beginning of the end of humanity as we know it? This has been the debate since the mid-nineteenth century when the science of genetics as well as humanities’ desire to use this science to their advantage, began. Since that time genetic research has resulted in advancements in science and medicine, but yet the controversy remains. Many believe that the act of genetic research is improving lives’, while others think the exact oppositeRead More Essay about Applications of Gene Modification869 Words   |  4 Pagesleave people upset and not ready for change. One of the most prevalent examples of a controversial science is genetic engineering. The modification of genes is becoming a popular application in science, but some people aren’t ready. Genetic engineering will play a big part in the scientific world in the next few years. Most people don’t think this is a good thing, but the use of genetic modification can increase the worlds standard of living by letting scientists dictate how everyday things can beRead MoreGenetic Engineering Is The Making Of New Genetic Material Of An Organism From Pre Made Material1119 Words   |  5 PagesPeter Miller Mrs. Knetter IB Biology February 23rd 2016 Genetic engineering is the making of new genetic material of an organism from pre-made material. Generically, it uses ancient practises of selecting a certain organism to breed and hybridize. Genetic engineering is done by involving the manipulating the DNA. Restriction enzymes are used produced by different species of bacteria. Vectors are important in the DNA manipulation which carry fragments of DNA from organism to organism calledRead MoreEssay about Genetic Engineering1028 Words   |  5 PagesGenetic Engineering When we envision our future, we usually imagine a future free of disease and physical sickness, but have you ever wondered how a disease-free society will be accomplished? In the twenty-first century our world will be a very different place because of genetic manipulation and engineering. There are many pros and cons to this debate, but it is undeniable that the effects from the new revelations in the field of genetics are far-reaching and deep impacting. Genetic engineeringRead MoreThe Golden Age Of Computing1440 Words   |  6 Pagesthe computer revolution, the genetic revolution hopes to do for life what computing did for information. We are near being able to manipulate organisms for any number of reasons. Whether it be for medicine or agriculture, the technology we have will change the way we interact with the natural world. Over the years, genetic engineering continued to prove itself beneficial in the fields of medicine, manufacturing, and agriculture. These benefits range from curing genetic diseases to increased farmingRead MoreGenetic Engineering : Designer Babies1687 Words   |  7 Pages Background History Genetic engineering is the modification of the genes to be able to change the characteristics of the person. â€Å"Designer babies† is when the parents choose the genetic information of the child, while in embryo. The genetic engineering will occur hand in hand with in vitro fertilization. For â€Å"designer babies† to actually be created, the parents need a donor with the genes the parents want inserted in their child. Whereas, genetic therapy is the changing of the person’s genes afterRead MoreGenetic Engineering : A New Technology1311 Words   |  6 PagesGenetic Engineering Genetic engineering is a new technology that is not utilized to its full potential. Often called modern biotechnology, genetic engineering can bring humanity into a better medical and agricultural age. Genetic engineering is an important scientific breakthrough because by altering DNA, scientists can improve food, create organs for transplant, and prevent certain diseases and birth defects. The field of genetic engineering has developed very quickly due to the greater understandingRead MoreThe Benefits of Genetic Engineering Essay1108 Words   |  5 Pages The engineering of deoxyribonucleic acid (DNA) is entirely new, yet genetics, as a field of science, has fascinated mankind for over 2,000 years. Man has always tried to bend nature around his will through selective breeding and other forms of practical genetics. Today, scientists have a greater understanding of genetics and its role in living organisms. Unfortunately, some people are trying to stop further studies in genetics, but the research being conducted today will serve to better mankind

Saturday, December 21, 2019

Health Risks Of The United States Essay - 1102 Words

While many of the health risks that besiege Americans are fought by creating a vaccination or an antibiotic that can be administered to all who are infected, one of the greatest health risks facing America’s nation today is sadly an epidemic, not just of a physical nature but often times also with behavioral origins, and whose eradication has been one of the most difficult our nation faces. Obesity in the United States has increased with alarming rates over the last few decades, which has impacted our nation on several levels, including the financial burden from the continuing rise in healthcare costs and the diminishing quality of life – as well as the diminishing quantity of life – that many Americans face as obesity is comorbidly linked to a number of debilitating health conditions. According to data obtained from the website for the Centers for Disease Control and Prevention (CDC), the CDC and other federal and state agencies have labored diligently on se veral fronts to reduce our country’s obesity problem, and the latest statistics indicate that certain populations are benefitting from their campaigns. The CDC’s fact sheet on obesity reports that in 1998 the medical costs associated with obesity cost Americans were estimated to be at least $78.5 billion annually; that figure nearly doubled in ten years to $147 billion annually in 2008. The fact sheet also cites that in 1998 18.3% of the overall adult population was reported as being obese; in 2008 that numberShow MoreRelatedHealth Risks Of The United States1524 Words   |  7 PagesAccording to the US Department of Health and Human Services unhealthy eating and physical inactivity are the leading causes of death in the United States. Every year, 300,000 to 600,000 deaths result from unhealthy eating and inactivity (CSPI). Health risk behaviors are the main contributors to the nation’s rising premature death rate in the last twenty-five years. Heath related di seases have begun to span across several generations and is no longer limited to adults. The rise in obesity and malnutritionRead MoreEffects Of Alcohol On The Health Risks Of The United States2237 Words   |  9 PagesIn the United States alone, 40 million adults are addicted to cigarettes (â€Å"Current Cigarette Smoking Among Adults in the United States†), 14 million are dependent on alcohol (â€Å"Drug Addiction Statistics – Alcoholism Statistics and Data Sources†), and 219 million people are overweight or obese (â€Å"Overweight and Obesity Statistics†). Worldwide, these statistics triple, double, and nonuple respectively. However, at least in the United States, cigarettes and alcohol are both regulated by age, so the numbersRead MoreRacial Skepticism Is The Idea That Race, As A Biological1394 Words   |  6 Pagesforms, the U.S. Office of Management and Budget, and the Federal Drug Administration (FDA). In â€Å"When Socially Determined Categorie s Make Biological Realties: Understanding Black/White Health Disparities in the U.S.,† Jonathan Michael Kaplan disagrees with racial skepticism. He argues that racial groups, in the United States, have important biological distinctions from each other in such a way that race can be classified as a biological phenomenon. Kaplan reasons that the social implications of race, likeRead MoreChildhood Obesity Among Hispanic Children1729 Words   |  7 Pagesdecade (U.S. Department of Health and Human Services, 2011). Although the rise in obesity cuts across all of age groups, both genders, and all cultural and racial groups; statistics have demonstrated that Hispanic children are more likely to become obese than White or Black children in the United States. According to the United States Department of Agriculture (2011), childhood obesity is more prevalent among Hispanic children than in other ethnic groups, and the United States problem has been steadilyRead MoreHypertension : Risk Factor For Cardiovascular Disease1560 Words   |  7 PagesHypertension: Risk Factor for Cardiovascular Disease Valerie Murguia #54531222 PH 1 Summer Session II 2016 Second Year Dr. Zuzana Bic I. Public Health Problem Hypertension, also known as high blood pressure, has become a major risk factor for several types of heart disease across the globe. In the United States alone, nearly 70 million adults have been diagnosed with this condition [1]. Hypertension is a condition in which arterial walls experience extremeRead MoreMedical Marijuana Essay969 Words   |  4 Pages[October 20, 2012] Medicinal Marijuana use in the United States Although many individuals find medical marijuana illegal, and unnecessary, it is a natural herb used to help symptoms caused by chronic illnesses. Over three million Americans use medical marijuana. Medical marijuana is the most widely used drug used to treat chronic illnesses in seventeen states. The use of medical marijuana has been a controversial issue here in the United States. Although, there are healthcare professionals thatRead MoreChildhood Obesity Essay1717 Words   |  7 Pagesprimary contributors of childhood obesity based on statistics, obesity risks, and government plans that show childhood obesity is a dangerous rising problem in the United States. Statistics demonstrate childhood obesity is a rising problem in the United States. â€Å"A major example is that there is a prevalence of obesity of children aged to 6 to 11 increases from 6.5% in 1980 to 19.6% in 2009† (CDC Division of Adolescent and School Health). Not only is the percentage of obese children increasing but thereRead MoreAir Pollution1499 Words   |  6 Pagesmany fail to realize the threat that air pollution emissions pose to human health. As humans continue to buy gasoline for the excessive amount of cars that are driven on a daily basis, create waste from factories, using coal and biomass fuels to power their daily lives, they will continue to put their own health at risk. China, a developing country, continues to emit tons of indoor and outdoor air pollution. The United States, a developed country, continues to emit tons of outdoor air pollution. BothRead MoreOklahoma State Department Of Health1233 Words   |  5 Pagesare the third worst in the natio n, only being beat by Alabama and Mississippi. (Americas Health Rankings, Oklahoma State Data, 2014) In 2013, Oklahoma had a total of 9,703 deaths from cardiovascular disease. Heart disease accounts for 29.6% of all deaths in Oklahoma. Overall, out of every 100,000 people who die in Oklahoma, 252 of those people died from cardiovascular disease. (Oklahoma State Department of Health, â€Å"Vital Statistics†,2013) In comparison, in 2009, the latest year recorded, CaliforniaRead MoreU.s. Healthcare Systems Of The United States1185 Words   |  5 PagesU.S. Healthcare Systems The United States has a broad history of diversity and challenges that no other country has faced. One of those challenges has been providing healthcare for its citizens. Healthcare in the United States started out with many religious groups that wanted to help those in need. This form of care for the people of this country has grown to a healthcare system that accounts for 3.2 trillion dollars of the nation’s gross domestic products (CMS (2016). This staggering number has

Friday, December 13, 2019

Unknown Free Essays

Life is an experience that comes along with failure. Have you ever had the feeling like you haven’t done your best at something or the feeling that you’re disappointing the people you care about most? Well Eve had that feeling multiple times especially in middle school. In middle school Eve experience lots of failure; failure with friendships, relationships, and rejection. We will write a custom essay sample on Unknown or any similar topic only for you Order Now Failure to me is being unhappy with yourself and not doing what you believe in. My 8th grade year in middle school was a earning experience that came along with lots of failure. The beginning of 8th grade was the easiest part of middle school because there was no drama and less friends. As time went by I gained more friends and more pressure was put on my shoulders. I learned a lot about friendships and the meaning of them. Losing the friends that meant the most to me is one of my failures and something that was challenging. Friendships from the past have a huge impact on the friendships that Eve made today. In middle school I was always open to meeting new people and starting new reined friendships with anyone but now I realize that I can’t do that without getting to know the person first. During my years in high school Eve been more selective with how I choose my friends. Eve learned that in order to trust someone in full and to consider them a good friend, I would have to get to know that person first. Throughout my high school experience Eve gained many friends and learned to trust them. Whenever I had a problem, I would turn to them for advice. Their advice always helped me through my problems and anything else I needed. Throughout my experience in high school and middle school, Eve learned a lot about friendship and values. Eve been making better decisions for myself and how I have been choosing my friends. How I chose my friends will help me in college because Eve had experience with good friends and bad friends. My experience with friends at school is teaching me so much about life. Middle school and high school has helped me with better decision making when choosing friends. I will use this decision making in college to help me build new friendships. How to cite Unknown, Papers Unknown Free Essays B. Sc. (H) Computer Science 3-YEAR FULL TIME PROGRAMME RULES, REGULATIONS AND COURSES CONTENTS DEPARTMENT OF COMPUTER SCIENCE FACULTY OF MATHEMATICAL SCIENCES UNIVERSITY OF DELHI DELHI – 110007 2010 Semester Systems at the undergraduate level Course of Study: B. We will write a custom essay sample on Unknown or any similar topic only for you Order Now Sc. (H) Computer Semester – I CSHT-101 Programming Fundamentals CSHT-102 Discrete Structures Digital Electronics Calculus and Matrices CSHT-203 Data Structures Semester – II CSHT-204 computer Systems Architecture English Calculus and Geometry using C++ Semeser – III CSHT-305 Algorithms CSHT-306 Systems Programmin g CSHT-307 File Structures and Database Basic Probability and Statistics Semester – IV CSHT-408 Operating Systems CSHT-409 Data Communica tion and Computer CSHT-410 Software Engineering Real Analysis / Differential Equations Semester – V CSHT-511 Theory of Computations CSHT-512 Microproces sors CSHT-513 Internet Technologie s Optimization I/ Real Analysis/To be decided by the student Semeser – VI CSHT-614 Computer Graphics CSHT-615 Information Security CSHT-616 Electives Statistical Methodology/ DE/To be decided by the student Electives: 1. Software Testing 2. Artificial Intelligence 3. Network Programming and Administration 4. Data Mining 5. Combinatorial Optimizations Proposed Structure and Syllabi for B. Sc. (H) Computer Science – July 2010 Semester I Coding Title L–T–P Credits Total Marks 100 Pre-requisites CSHT-101 Programming Fundamentals using C++ Discrete Structures Digital Electronics Calculus and Matrices Software Lab based on 101 Lab based on Digital Electronics 5 – 0-0 5 – CSHT-102 ** ** CSHP-101 5 – 0-0 5 100 – 0-0-8 4 100 Semester II Coding Title L–T–P Credits Total Marks 100 100 Pre-requisites CSHT-203 CSHT-204 ** ** CSHP-202 CSHP-203 Data Structures Computer Systems Architecture EL – II (Language) Calculus and Geometry Software Lab based on 203 Lab based on 204 5 – 0-0 5 –0-0 5 5 101 0-0-8 0-0-4 4 2 100 50 Semester III Coding Title L–T–P Credits Total Marks 100 100 Pre-requisites CSHT-305 CSHT-306 Algorithms Systems Programming 5-0-0 5 – 0 -0 5 5 101,203 101, 203 CSHT-307 ** CSHP-304 CSHP-305 CSHP- 306 Database Systems Basic Statistics and Probability Software Lab based on 305 Software Lab based on 306 Software Lab based on 307 5–0-0 5 100 101, 203 0-0-4 0-0-4 0-0-4 2 2 2 50 50 50 Semester IV Coding Title L–T–P Credits Total Marks 100 100 Pre-requisites CSHT-408 CSHT-409 Operating Systems Data Communication and Computer Networks Software Engineering Real Analysis/ Differential Equations Software Lab based on 408 Software Lab based on 409 Software Lab based on 410 5 – 0-0 5 – 0-0 5 5 101, 203 CSHT-410 ** 5 – 0-0 5 100 101, 203 – CSHP-407 CSHP-408 CSHP-409 0-0-4 0-0-4 0-0-4 2 2 2 50 50 50 Semester V Coding Title L–T–P Credits Total Marks 100 100 100 Pre-requisites CSHT-511 CSHT-512 CSHT-513 ** CSHP-510 Theory of Computations Microprocessors Internet Technologies Optimization I/Real Analysis/* Software Lab based on 512 5 – 0– 0 5–0-0 5–0-0 5 5 5 01 204 409 0-0-4 2 50 CSHP-511 Lab based on 513 0-0-4 2 50 Semester VI Coding Title L–T–P Credits Total Marks 100 100 100 Pre-requisites CSHT-614 CSHT-615 CSHT-616 ** Computer Graphics Information Security Elective Differential Equations/ Statistical Methodology/* Software Lab based on 614 Softwar e Lab based on 615 Software Lab based on 616 5-0-0 5-0-0 5-0-0 5 5 5 – CSHP-612 CSHP-613 CSHP-614 0-0-4 0-0-4 0-0-4 2 2 2 50 50 50 †¢ To be decided by the student from any discipline * * Will be finalized after the syllabi by the respective departments (Electronics / Mathematics / Statistics / English) are made. CSHT-101 Programming Fundamentals (60 Lectures) Basic Computer Organization: Functional Units, basic I/O devices and storage devices; Representation of integers, real (fixed and floating point), characters (ASCII and Unicode); Basic operations of a programming environment. Problem Solving Approaches: Notion of an algorithm, problem solving using top-down design and decomposition into sub-problems, stepwise methodology of developing an algorithm, methodology of developing an algorithmic solution from a mathematical specification of the problem, use of recursion for problems with inductive characterization. Programming using C++: basic data types; constants and variables, arithmetic and logical expressions, assignment; input-output interface; control structures in conditionals, loops; procedural abstractions; strings and arrays; command line arguments; file handling; error handling. Introduction to the object-oriented programming paradigms; data abstraction and encapsulation — objects and classes; inheritance; polymorphism; Recommended Books: 1. B. A. Forouzan and R. F. Gilberg, Computer Science, A structured Approach using C++, Cengage Learning, 2004. 2. R. G. Dromey, How to solve it by Computer, Pearson Education 1982 3. E. Balaguruswamy, Object Oriented Programming with C++ , 4th Edition, Tata McGraw Hill 1997 4. G. J. Bronson, A First Book of C++ From Here to There, 3rd Edition, Cengage Learning 2005. 5. G. Seed, An Introduction to Object-Oriented Programming in C++, with applications in Computer Graphics Springer 2nd Edition 2001. CSHT 102 Discrete Structures (60 Lectures) Introduction: Sets – finite and Infinite sets, uncountably Infinite Sets; functions, relations, Properties of Binary Relations, Closure, Partial Ordering Relations; counting – Pigeonhole Principle, Permutation and Combination; Mathematical Induction, Principle of Inclusion and Exclusion. Growth of Functions: Asymptotic Notations, Summation formulas and properties, Bounding Summations, approximation by Integrals Recurrences: Recurrence Relations, generating functions, Linear Recurrence Relations with constant coefficients and their solution, Substitution Method, Recurrence Trees, Master Theorem Graph Theory: Basic Terminology, Models and Types, multigraphs and weighted graphs, Graph Representaion, Graph Isomorphism, Connectivity, Euler and Hamiltonian Paths and Circuits, Planar Graphs, Graph Coloring, Trees, Basic Terminology and properties of Trees, Introduction to Spanning Trees Prepositional Logic: Logical Connectives, Well-formed Formulas, Tautologies, Equivalences, Inference Theory Recommended Books: 1. C. L. Liu Mahopatra, Elements of Discrete mathematics, 2nd Sub Edition 1985, Tata McGraw Hill 2. Rosen, Discrete Mathematics and Its Applications, Sixth Edition 2006 3. T. H. Coremen, C. E. Leiserson, R. L. Rivest, Introduction to algorithms, Prentice Hall on Ind ia (3rd edition 2009) 4. M. O. Albertson and J. P. Hutchinson, Discrete Mathematics with Algorithms 1988 Johnwiley Publication 5. J. L. Hein, Discrete Structures, Logic, and Computability, Jones and Bartlett Publishers, 3rd Edition, 2009 6. D. J. Hunter, Essentials of Discrete Mathematics, Jones and Bartlett Publishers, 2008 Digital Electronics In consultation with Department of Electronics) Number System and Codes: Decimal, Binary, Hexadecimal, Octal, BCD, Conversions, Complements (1’s and 2’s), Signed and Unsigned numbers, Addition and Substraction, Multiplication Gray and Hamming Codes Logic Gates and Boolean Algebra: Truth Tables, OR, AND, NOT, EXOR, Universal (NOR and NAND) Gates, Boolean Theorems, DeMorgan’s Theorems. Combinational Logic Analysis and Design: Standard representation of logic functions (SOP and POS), Minimization Techniques(Karnaugh Map Method: 4,5 variables). Multiplexers(2:1,4:1)) and Demultiplexers (1:2,4:1), Adder (half and full) and the ir use as substractor, Encoder (8-line-to-3-line) and Decoder (3-line-to-8-line) , Code Converters( Binary to BCD and vice versa). Sequential logic design: Latch, Flip flop, S-R FF , J-K FF, T and D type FFs, Clocked FFs, Registers, Counters (ripple, synchronous and asynchronous, ring, modulus), State Table, State Diagrams and Sequential Machines. A/D and D/A Converters: Successive Approximation ADC, R/2R Ladder DAC. Memories: General Memory Operation, ROM, RAM (Static and Dynamic), PROM, EPROM, EEPROM, EAROM. Suggested Books: 1. Digital Electronics, Principles and Applications, R. L. Tokheim, Tata McGraw-Hill. 2. Digital Principles, R. L. Tokheim, Schaum’s Outline Series, Tata McGraw-Hill. 3. Digital Systems, Principles and Applications, R. J. Tocci and N. S. Widner, Pearson Education Asia. 4. Digital Principles and Applications, A. P. Malvino and D. Leach, Tata McGraw Hill. 5. Digital Design, M. M. Mano, Pearson Education Asia. 6. Digital Fundamentals, T. L. Floyd, Pearson Education Asia. 7. Solved Problems in Digital Electronics, S. P. Bali, Sigma Series, Tata McGraw-Hill. 8. Digital Electronics, W. H. Gothmann, Prentice Hall of India. 9. Modern Digital Electronics, R. P. Jain, Tata McGraw-Hill. CSHT 203 Data Structures (60 Lectures) Introduction: Abstract Data Types, Arrays- Single and Multidimensional arrays, Sparse matrices. Linear structures: Stacks, Queues (linear as well as circular implementation), singly-, doubly-, and circularly- linked lists — Operations and applications. Recursion: Problem solving using recursion, run time stack in recursion, tail recursion, and its removal. Searching techniques: Linear search, Binary search and their efficiency, Skip Lists, Hashing. Tree Structures: Trees, Binary Trees, Complete Binary trees and almost complete Binary trees, binary search trees, Insertion, Deletion, Tree traversal algorithms, Threaded trees (recursive as well as Non recursive), applications of trees. Multiway trees – B-Trees and introduction to B+ Trees. Recommended Books: 1. A. Drozdek, Data Structures and algorithm in C++, 3rd Edition, Course Technology 2004. 2. Data Structures using C and C++, Tannenbaum, 2nd edition ** 1995 3. Data Structures and Algorithms in C++. Publication John Wiley 2003 4. S. Sahni, Data Structures, Algorithms and applications in C++, Publication Silicon Press 2004 5. B. R. Preiss, Data structures and algorithms with object oriented design patterns in C++, John Wiley and sons, 1998. CSHT 204 Computer System Architecture (60 Lectures) Basic Computer Organization and Design: Computer registers, bus system, instruction set, timing and control, instruction cycle, memory reference, input-output and interrupt, Interconnection Structures, Bus Interconnection design of basic computer. Central Processing Unit: Register organization, arithmetic and logical micro-operations, stack organization, micro programmed control. Instruction formats, addressing modes, instruction codes, machine language, assembly language, input output programming, RISC, CISC architectures, pipelining and parallel architecture. Memory Organization: Cache memory, Associative memory, mapping. Input-output Organization: Input / Output: External Devices, I/O Modules, Programmed I/O, Interrupt-Driven I/O, Direct Memory Access, I/O Channels Recommended Books: 1. M. Mano, Computer System Architecture, Prentice Hall of India Third edition / Pearson Education 1992. 2. A. J. Dos Reis, Assembly language and computer architecture using C++ and JAVA, Course Technology, 2004. 3. W. Stallings, Computer Organization and Architecture Desiguing for Performance 8th Edition 2009, Prentice Hall of India. CSHT 305 Algorithms (60 Lectures) Introduction: Basic Design and Analysis techniques of Algorithms, Correctness of Algorithm. Algorithm Design Techniques: Iterative techniques, Divide and Conquer, Dynamic Programming, Greedy Algorithms. Sorting and Searching Techniques: Elementary sorting techniques – Bubble Sort, Insertion Sort, Merge Sort, Advanced Sorting techniques – Heap Sort, Quick Sort, Sorting in Linear Time Bucket Sort, Radix Sort and Count Sort, Searching Techniques, Medians Order Statistics, complexity analysis; Lower Bounding Techniques: Decision Trees Balanced Trees – Red-Black Trees Advanced Analysis Technique: Amortized analysis Graphs: Graph Algorithms – Breadth First Search, Depth First Search and its Applications, Minimum Spanning Trees. String Processing: String Matching, KMP Technique Recommended Books: 1. T. H. Cormen, Charles E. Leiserson, Ronald L. Rivest, Clifford Stein Introduction to Algorithms, PHI, 3rd Edition 2009 2. Sarabasse A. V. Gelder Computer Algorithm – Introduction to Design and Analysis, Publisher – Pearson 3rd Edition 1999 CSHT 306 Systems Programming (60 Lectures) Introduction: Introduction to Systems Software and machine architecture. Assemblers: Example of an assembly language, programming in assembly language, assembler features and functions, Load and Go assembler, One-pass and two pass assemblers, Macros and macro processors. Compilers: Compiler functions and features, phases of compilation, optimization. Loaders and Linkers: Basic Loader functions and features, Relocation, Program Linking, static and dynamic linking. Recommended Books: 1. A. J. Dos Reis, Assembly language and computer architecture using C++ and JAVA, Course Technology, 2004 2. D. M. Dhamdhere Systems Programming and Operating Systems, Tata McGraw-Hill Publishing Company, Ltd; Second Revised Edition 1996 3. L. Beck, D. Manjula, System Software, An Introduction to Systems Programming, Pearson, 3rd Edition 1996. 4. S. Chattopadhyay, Systems Software, PHI 2007. CSHT 307 Database Systems (60 Lectures) Introduction: Characteristics of database approach, data models, database system architecture and data independence. Entity Relationship(ER) Modeling: Entity types, relationships, constraints. Relation data model: Relational model concepts, relational constraints, relational algebra, SQL queries, programming using embedded SQL. Database design: mapping ER model to relational database, functional dependencies, normal forms. Transaction Processing: ACID properties, concurrency control, recovery. Web based databases: XML documents and databases. Books Recommended: 1. R. Elmasri, S. B. Navathe, Fundamentals of Database Systems 6th Edition, Pearson Education 2010. 2. R. Ramakrishanan, J. Gehrke, Database Management Systems 3rd Edition, McGraw-Hill 2002. 3. A. Silberschatz, H. F. Korth, S. Sudarshan, Database System Concepts 6th Edition, McGraw Hill 2010. CSHT 408 Operating Systems (60 Lectures) Introduction: Basic OS functions, resource abstraction, types of operating systems – multiprogramming systems, batch systems , time sharing systems; operating systems for personal computers workstations, process control real time systems. Operating System Organization: processor and user modes, kernels, system calls and system programs. Process Management: System view of the process and resources, process abstraction, process hierarchy, threads, threading issues, thread libraries; Process Scheduling, non-pre-emptive and pre-emptive scheduling algorithms; concurrent and processes, critical section, semaphores, methods for inter-process communication; deadlocks. Memory Management: Physical and virtual address space; memory allocation strategies -fixed and variable partitions, paging, segmentation, virtual memory File and I/O Management: Directory structure, file operations, file allocation methods, device management. Protection and Security: Policy mechanism, authentication, internal access authorization. Recommended Books: 1. A Silberschatz, P. B. Galvin, G. Gagne, Operating Systems Concepts, 8th Edition, John Wiley Publications 2008. 2. A. S. Tanenbaum, Modern Operating Systems, 3rd Edition, Pearson Education 2007. 3. G. Nutt, Operating Systems: A Modern Perspective, 2nd Edition Pearson Education 1997. 4. W. Stallings, Operating Systems, Internals Design Principles 2008 5th Edition, Prentice Hall of India. 5. M. Milenkovic, Operating Systems- Concepts and design, Tata McGraw Hill 1992. CSHT 409 Data Communication and Computer Networks (60 Lectures) Introduction to Computer Networks: Network definition; network topologies; network classifications; network protocol; layered network architecture; overview of OSI reference model; overview of TCP/IP protocol suite. Data Communication Fundamentals and Techniques: Analog and digital signal; data-rate limits; digital to digital line encoding schemes; pulse code modulation; parallel and serial transmission; digital to analog modulation-; multiplexing techniques- FDM, TDM; transmission media. Networks Switching Techniques and Access mechanisms: Circuit switching; packet switching- connectionless datagram switching, connection-oriented virtual circuit switching; dial-up modems; digital subscriber line; cable TV for data transfer. Data Link Layer Functions and Protocol: Error detection and error correction techniques; data-link control- framing and flow control; error recovery protocols- stop and wait ARQ, goback-n ARQ; Point to Point Protocol on Internet. Multiple Access Protocol and Networks: CSMA/CD protocols; Ethernet LANS; connecting LAN and back-bone networks- repeaters, hubs, switches, bridges, router and gateways; Networks Layer Functions and Protocols: routing; routing algorithms; network layer protocol of Internet- IP protocol, Internet control protocols. Transport Layer Functions and Protocols: Transport services- error and flow control, Connection establishment and release- three way handshake; Overview of Application layer protocol: Overview of DNS protocol; overview of WWW HTTP protocol. Recommended Books: 1. B. A. Forouzan: Data Communications and Networking, Fourth edition, THM Publishing Company Ltd 2007. 2. A. S. Tanenbaum: Computer Networks, Fourth edition, PHI Pvt. Ltd 2002. CSHT 410 Software Engineering (60 Lectures) Introduction: The Evolving Role of Software, Software Characteristics, Changing Nature of Software, Software Engineering as a Layered Technology, Software Process Framework, Framework and Umbrella Activities, Process Models, Capability Maturity Model Integration (CMMI). Requirement Analysis: Software Requirement Analysis, Initiating Requirement Engineering Process, Requirement Analysis and Modeling Techniques, Flow Oriented Modeling, Need for SRS, Characteristics and Components of SRS. Software Project Management: Estimation in Project Planning Process, Project Scheduling. Risk Management: Software Risks, Risk Identification, Risk Projection and Risk Refinement, RMMM Plan. Quality Management: Quality Concepts, Software Quality Assurance, Software Reviews, Metrics for Process and Projects. Design Engineering: Design Concepts, Architectural Design Elements, Software Architecture, Data Design at the Architectural Level and Component Level, Mapping of Data Flow into Software Architecture, Modeling Component Level Design. Testing Strategies Tactics: Software Testing Fundamentals, Strategic Approach to Software Testing, Test Strategies for Conventional Software, Validation Testing, System Testing, BlackBox Testing, White-Box Testing and their type, Basis Path Testing. Recommended Books: 1. R. S. Pressman, Software Engineering: A Practitioner’s Approach (7th Edition), McGrawHill, 2009. 2. P. Jalote, An Integrated Approach to Software Engineering (2nd Edition), Narosa Publishing House, 2003. 3. K. K. Aggarwal and Y. Singh, Software Engineering (revised 2nd Edition), New Age International Publishers, 2008. 4. I. Sommerville, Software Engineering (8th edition), Addison Wesle, 2006. 5. D. Bell, Software Engineering for Students (4th Edition), Addison-Wesley, 2005. 6. R. Mall, Fundamentals of Software Engineering (2nd Edition), Prentice-Hall of India, 2004. CSHT 511 Theory of Computation (60 Lectures) Languages: Alphabets, string, language, Basic Operations on language, Concatenation, Kleene Star Finite Automata and Regular Languages: Regular Expressions, Transition Graphs, Deterministics and non-deterministic finite automata, NFA to DFA Conversion, Regular languages and their relationship with finite automata, Pumping lemma and closure properties of regular languages. Context free languages: Context free grammars, parse trees, ambiguities in grammars and languages, Pushdown automata (Deterministic and Non-deterministic), Pumping Lemma, Properties of context free languages, normal forms. Turing Macines and Models of Computations: RAM, Turing Machine as a model of computation, Universal Turing Machine, Language acceptability, decidability, halting problem, Recursively enumerable and recursive languages, unsolvability problems. Recommended Books: 1. Daniel I. A. Cohen, Introduction to computer theory – John Wiley (1996 2nd Edition). 2. Lewis Papadimitriou, Elements of the theory of computation – II Edition PHI 1997. 3. Hoperoft, Aho, Ullman, Introduction to Automata theory, Language Computation –3rd Edition 2006, Pearson Education. 4. P. Linz, An Introduction to Formal Language and Automata 4th edition Publication Jones Bartlett 2006 CSHT 512 Microprocessors (60 Lectures) Microprocessor architecture: Internal architecture, system bus architecture, memory and I/O interfaces. Microprocessor programming: Register Organization, instruction formats, assembly language programming. Interfacing: Memory address decoding, cache memory and cache controllers, I/O interface, keyboard, display, timer, interrupt controller, DMA controller, video controllers, communication interfaces. Recommended Books: 1. Barry B. Brey : The Intel Microprocessors : Architecture, Programming and Interfacing. Pearson Education, Sixth Edition. 2. Walter A Triebel, Avtar Singh; The 8088 and 8086 Microprocessors Programming, Interfacing, Software, Hardware, and Applications. PHI, Fourth Edition 2005. CSHT 513 Internet Technologies (60 Lectures) JavaScript: Data types, operators, functions, control structures, events and event handling. Java: Use of Objects, Array and ArrayList class , Designing classes, Inheritance, Input/Output, Exception Handling. JDBC: JDBC Fundamentals, Establishing Connectivity and working with connection interface, Working with statements, Creating and Executing SQL Statements, Working with Result Set Objects. JSP: Introduction to JavaServer Pages, HTTP and Servlet Basics, The Problem with Servlets, The Anatomy of a JSP Page, JSP Processing, JSP Application Design with MVC, Setting Up the JSP Environment, Implicit JSP Objects, Conditional Processing, Displaying Values, Using an expression to Set an Attribute, Declaring Variables and Methods, Error Handling and Debugging, Sharing Data Between JSP Pages, Requests, and Users, Database Access. Java Beans: Java Beans Fundamentals, JAR files, Introspection, Developing a simple Bean, Connecting to DB Recommended Books: 1. Web Enabled Commercial Application Development Using Html, Dhtml,javascript, Perl Cgi By Ivan Bayross, BPB Publications, 2009. 2. BIG Java Cay Horstmann, Wiley Publication , 3rd Edition. , 2009 3. Java 7 ,The Complete Reference, Herbert Schildt, 8th Edition, 2009. 4. The Complete Reference J2EE, TMH, Jim Keogh, 2002. 5. Java Server Pages, Hans Bergsten, Third Edition, O’Reilly Media December 2003. CSHT 614 Computer Graphics (60 Lectures) Introduction to Graphics systems, Basic elements of Computer graphics, Applications of computer graphics. Graphics Hardware: Architecture of Raster and Random scan display devices, input/output devices. Fundamental Techniques in Graphics: Raster scan line, circle and ellipse drawing, thick primitives, Polygon filling, line and polygon clipping algorithms, 2D and 3D Geometric Transformations, 2D and 3D Viewing Transformations (Projections- Parallel and Perspective), Vanishing points. Geometric Modeling: Representing curves Surfaces. Visible Surface determination: Hidden surface elimination. Surface rendering: Illumination and shading models. Basic color models and Computer Animation. Books Recommended: 1. J. D. Foley, A. Van Dan, Feiner, Hughes Computer Graphics Principles Practice 2nd edition Publication Addison Wesley 1990. 2. D. Hearn, Baker: Computer Graphics, Prentice Hall of India 2008. 3. D. F. Rogers Procedural Elements for Computer Graphics, McGraw Hill 1997. 4. D. F. Rogers, Adams Mathematical Elements for Computer Graphics, McGraw Hill 2nd edition 1989. CSHT 615 Information Security (60 Lectures) Introduction: Security, Attacks, Computer Criminals, Security Services, Security Mechanisms. Cryptography: Substitution ciphers, Transpositions Cipher, Confusion, diffusion, Symmetric, Asymmetric Encryption. DES Modes of DES. ,Uses of Encryption. ,Hash function,key exchange, digital signatures,Digital Certificates. Program Security: Secure programs,Non malicious Program errors, Malicious codes virus,trap doors,salami attacks, covert channels,Control against program Threats. Protection in OS: Memory and Address Protection, Access control, File Protection, User Authentication. Database Security: Requirements, Reliability, Integrity, Sensitive data, Inference, Multilevel Security. Security in Networks: Threats in Networks s Networks security Controls, detection systems, Secure e-mails firewalls, Intusion Administrating Security: Security Planning, Risk Analysis, Organisational Security Policy, Physical Security. Ethical issues in Security: Protecting Programs and data. Information and law. Recommended Books: 1. C. P. Pfleeger, S. L. Pfleeger; Security in Computing, Prentice Hall of India, 2006 2. W. Stallings ; Network Security Essentials: Applications and Standards, 4/E, 2010 CSHT 616 (i) Foundations of Software Testing Fundamentals of testing: Need for testing, process, The psychology of testing General testing principles, Fundamental test Testing throughout the software life cycle: Software development models, Test levels (Unit, Integration, System Acceptance testing), Test types (functional, non-functional, regression testing), Maintenance testing Static techniques: Static techniques and the test process, Review process (types of review, roles and responsibilities), Test design techniques: The Test Development Process, Categories of test design techniques, Specification-based or black-box techniques (Equivalence partitioning, Boundary value analysis, Decision table testing, State transition testing, Use case testing), Structure-based or white-box techniques (Statement testing and coverage, Decision testing and coverage, other structure-based techniques), Experience-based techniques, Choosing test techniques Test management: Test organization (test leader, tester), Test planning and estimation ( Test planning, Test planning activities, Exit criteria, Test estimation, Test approaches), Test progress monitoring and control (Test progress monitoring, test reporting, test control), Configuration management, Risk and testing (Project risks, Product risks), Incident management Web Application Testing Foundation: Basic test planning and testing methods for web applications, Introduction to gray-box testing and its application to testing web applications, Outline knowledge, methods and tools for testing web applications, Introduction to web testing tools and sources, Introduction to research tools on the Net. Tool support for testing: Types of test tool, Test tool classification, Tool support for management of testing and tests, static testing, test specification, test execution and logging, performance and monitoring, specific application areas, using other tools, Effective use of tools: potential benefits and risks Recommended Books: 1. 2. 3. 4. 5. Boris Beizer, â€Å"Software Testing Techniques†, Van Nostrand Reinhold Louise Tamres, â€Å"Software Testing†, Pearson Education Paul Jogerson, â€Å"Software Testing† CRC Press Roger R Pressman, â€Å"Software Engineering – A Practitioner’s approach† Mc Graw Hill Testing Applications on the Web, 2nd Edition by Nguyen, Michael Hackett, and Bob Johnson (Wiley, 2003 CSHT 616 (ii) ARTIFICIAL INTELLIGENCE Introduction: (60 Lectures) Introduction to Artificial Intelligence, Background and Applications, Turing Test and Rational Agent approaches to AI, Introduction to Intelligent Agents, their structure, be havior and environment. Problem Solving and Searching Techniques: Problem Characteristics, Production Systems, Control Strategies, Breadth First Search, Depth First Search, Hill climbing and its Variations, Heuristics Search Techniques: Best First Search, A* algorithm, Constraint Satisfaction Problem, Means-End Analysis, Introduction to Game Playing, Min-Max and Alpha-Beta pruning algorithms. Knowledge Representation: Introduction to First Order Predicate Logic, Resolution Principle, Unification, Semantic Nets, Conceptual Dependencies, Frames, and Scripts, Production Rules, Conceptual Graphs. Programming in Logic (PROLOG). Dealing with Uncertainty and Inconsistencies: Truth Maintenance System, Default Reasoning, Probabilistic Reasoning, Bayesian Probabilistic Inference, Possible World Representations. Understanding Natural Languages: Parsing Techniques, Context-Free and Transformational Grammars, Recursive and Augmented Transition Nets. BOOKS RECOMMENDED: 1. 2. DAN. W. Patterson, Introduction to A. I and Expert Systems – PHI, 2007. Russell Norvig, Artificial Intelligence-A Modern Approach, LPE, Pearson Prentice Hall, 2nd edition, 2005. Rich Knight, Artificial Intelligence – Tata McGraw Hill, 2nd edition, 1991. W. F. Clocksin and Mellish, Programming in PROLOG, Narosa Publishing House, 3rd edition, 2001. 5. Ivan Bratko, Prolog Programming for Artificial Intelligence, Addison-Wesley, Pearson Education, 3rd edition, 2000. 3. 4. CSHT 616 (iii) Network Programming and Administration Transport Layer Protocols: TCP, UDP, SCTP protocol. Socket Programming: Socket Introduction; TCP Sockets; TCP Client/Server Example ; signal handling; I/O multiplexing using sockets; Socket Options; UDP Sockets; UDP client server example; Address lookup using sockets. Network Applications: Remote logging; Email; WWWW and HTTP. LAN administration: Linux and TCP/IP networking: Network Management and Debugging. Books recommended: 1. W. Richard Stevens, Bill Fenner, Andrew M. Rudoff, Unix Network Programming, The sockets Networking API, Vol. 1, 3rd Edition, PHI. 2. B. A. Forouzan: Data Communications and Networking, Fourth edition, THM Publishing Company Ltd. 3. Nemeth Synder Hein, Linux Administration Handbook, Pearson Education, 2nd Edition 4. R. Stevens, Unix Network Programming, PHI 2nd Edition CSHT 616 (iv) Data Mining Overview: Predictive and descriptive data mining techniques, supervised and unsupervised learning techniques, process of knowledge discovery in databases, pre-processing methods Data Mining Techniques: Association Rule Mining, classification and regression techniques, clustering, Scalability and data management issues in data mining algorithms, measures of interestingness Books Recommended: 1. Introduction to Data Mining, Pang-Ning Tan, Michael Steinbach, Vipin Kumar, Pearson Education. 2. Data Mining: A Tutorial Based Primer, Richard Roiger, Michael Geatz, Information; Pearson Education 2003. 3. Introduction to Data Mining with Case Studies, G. K. Gupta, PHI,2006. 4. Insight Into Data Mining: Theory And Practice, Soman K P,Diwakar Shyam, Ajay V, PHI, 2006 CSHT 616 (v) Combinatorial Optimization Introduction: Optimization problems, neighborhoods, local and global optima, convex sets and functions, simplex method, degeneracy; duality and dual algorithm, computational considerations for the simplex and dual simplex algorithms-Dantzig-Wolfe algorithms. Integer Linear Programming: Cutting plane algorithms, branch and bound technique. Graph Algorithms: Primal-Dual algorithm and its application to shortest path, Math-flow problems Dijkstra’s algorithm, Max-flow problem, matching problem, bipartite matching algorithm, non-bipartite matching algorithms. Books recommended: 1. C. H. Papadimitriou and K. Steiglitz, Combinatorial Optimization: Algorithms and complexity, Prentice-Hall of India, 2006 2. K. Lange, Optimization, Springer, 2004 3. Mokhtar S. Bazaraa, John J. Jarvis and Hanif D. Sherali, Linear Programming and Network Flows, John Wiley Sons, 2004 4. H. A. Taha, Operations Research: An Introduction (8th Edition), Prentice Hall, 2006 How to cite Unknown, Papers

Thursday, December 5, 2019

Report On Adidas Payment Bonus And Compensation Accounting Essay Example For Students

Report On Adidas Payment Bonus And Compensation Accounting Essay In bend, the variable compensation system of Adidas includes a short-run Performance Bonus and a payment constituent which will be paid out harmonizing their fulfillment of the Long-run Incentive Plan 2009/2011 . This LTIP 2009/2011 is measured over a period of three old ages which shall reflect a long-run inducement consequence. By implementing this measuring the supervisory board complies with proviso 4.2.3 ( GCGC, 2010 ) where the board has to procure that the variable compensation elements are by and large based on a multi-year appraisal. The Performance Bonus is related to the short-run corporate development. Thereby, at the beginning of each fiscal twelvemonth the supervisory board determines the corporate-related every bit good as the single public presentation standards and besides defines the expressed marks. At the terminal of the fiscal twelvemonth each executive board member gets a concrete sum of fillip payments harmonizing to his several mark accomplishment. However, the LTIP Bonus is paid matching to the long-run public presentation of the direction. In making so, the undermentioned public presentation standards set by the supervisory board are decisive: addition of the net income, decrease of net debt, growing in gross and addition in portion monetary value. At the terminal of this tree-year period the grade of mark accomplishment over this clip scope will be calculated and the matching payout of this fillip is made. This process fulfils the recommendation in footings of index-based compensation elements r elated to the company success ( Article 4.2.3 GCGC, 2010 ) . Additionally, Adidas states in his Compensation Report 2010 that they try to plan the variable wage a manner that the inducements for the person to accomplish sustainable marks set under the LTIP significantly outweigh the inducements to concentrate merely on short-run ends allowing the Performance Bonus . This attack meets the demand of the German Corporate Governance Code saying the compensation elements must non allure the direction to take unreasonable hazards ( article 4.2.3 ) and the compensation construction has to be related to a sustainable corporate development. However, Adidas does non use a direction portion option program which could besides be an instrument to convey the direction squad in line with the long-run involvements of the company proprietors and therefore, back up the sustainable value of the house. Finally, the wage constituents for each of the four executive board members are particularized in the Compensation Report. The entire compensation is split in the non-performance related constituents, one-year fixed salary and other benefits, and in the payments granted by the Performance Bonus plan and by the LTIP Bonus 2009/2011. By this means Adidas complies with the needed compensation revelation declared in article 4.2.4 ( GCGC, 2010 ) . The Compensation Report besides makes statements about pension committednesss and committednesss to executive board members upon premature and regular terminal of term of office. In making so, Adidas besides meets the demands of article 4.2.4 by unwraping due payments divided into a fixed and variable constituent for each member. Furthermore, Adidas complies with the German Corporate Governance Code as they established the recommended rupture payment caps in instance of a premature terminal of term of office or if the service contract of the president is terminated due to a alteration of control ( Article 4.2.3 GCGC, 2010 ) . As the German Corporate Governance requires the Annual General Meeting has the undertaking to make up ones mind about the compensation of the supervisory board members of Adidas. Harmonizing to its website Adidas complies with the wide guideline that the wage shall be in relation to size of the company and the duty and range of activities the person is entrusted with. Harmonizing to these standards the members receive a fixed wage. Furthermore, the persons who to boot are a president or a member of a commission get still an excess fixed payment. These attacks meet wholly the commissariats and recommendations stated in article 5.4.6 GCGC. In instance a member is in several commissions he merely gets the payment of the commission which provides the highest compensation. A variable wage constituent is non implemented. However, the German Corporate Governance Code recommends besides the fixed payment a performance-related payment for the supervisory board members which should besides be based on the long-run success of the company ( Article 5.4.6 ) . Additionally, the Compensation Report makes a statement about the other benefits granted to the supervisory board members which is recommended in article 5.4.6 GCGC. Adidas maintains a loss and liability insurance for all its executive board and supervisory board members ( D A ; O Insurance ) . This shall protect the person in the event of a corporate loss occurred caused by his Acts of the Apostless or skips. However, the revised German Corporate Governance Code prescribes a deductible in such a instance and since this release Adidas complies with this statutory proviso. Article 3.8 GCGC requires a deductible which histories for 10 % of the harm within one twelvemonth up to a upper limit of one and a half times the fixed one-year payment . Supervisory board The supervisory board of Adidas consists of 12 members. Six of these members are elected by the Annual General Meeting and the other half is elected by the employees. This attack and ratio of stockholder and employee representatives is in conformity with the German Co-Determination Act and in this manner, Adidas besides complies with the German Corporate Governance Code which prescribes that in companies holding more than 2000 employees in Germany the supervisory board has to be composed half of employee representatives. Harmonizing to the revelations on the companyA?s web site the nucleus maps of the Supervisory Board include the assignment and dismissal of Executive Board members, the supervising and consultancy of the Executive Board, the blessing of the fiscal statements every bit good as the mandate of of import operative planning and corporate determinations which reflect the duties described in article 5.1.1 GCGC. Sexual Harassment EssayMediation Committee: The co-determined four members Mediation Committee has the undertaking to work out a proposal for the supervisory board in footings of the assignment or dismissal of an executive board member in instance the required two-third bulk is non achieved in a preceded declaration. Nomination Committee: The Nomination Committee consists of three members and this is the lone commission which is entirely comprised of stockholder representatives as recommended in article 5.3.3 GCGC. This attack is in conformity with the recommendations of the German Corporate Governance Code. In instance of upcoming supervisory board elections the commission is responsible for suggesting to the supervisory board suited campaigners for recommendation to the shareholdersA? meeting for election. In making so, the commission takes different facets into history: an appropriate proportion of adult females, required expert and industry cognition and experience with accounting rules and internal control systems. To beef up the diverseness consequence the campaigners should besides hold long-standing international working experiences. Additionally, the published Supervisory Board Report 2010 which is a portion of the Annual Report 2010 indicates that the supervisory board examined the efficiency of its activities in the past twelvemonth including the coaction with the executive board based on elaborate questionnaires. Besides a self-assessment by the members of the supervisory board the external adviser who was called in did non happen any concerns in footings of efficiency and struggles of involvement. In making so, Adidas complies with article 5.6 GCGC which recommends a regular efficiency scrutiny of the supervisory board activities. By this rating of an external adviser that there is no struggles of involvement the members of the supervisory board can be considered as independent harmonizing to article 5.4.2 GCGC. The executive board of Adidas consists of four members of whom each executive is responsible for a major concern unit within the company. In making so, the duties are clear distributed in the countries: Overall Leadership ( CEO ) , Global Operations ( COO ) , Finance ( CFO ) and Global Brands ( CMO ) . Additional, there is a Business Allotment Plan for the Executive Board which regulations the undertakings of each member more in item. In this manner Adidas fulfills article 4.2.1 which says that the direction squad shall be comprised of several members and have a Chairman or Spokesman. Additionally, the article recommends by-laws apportioning the responsibilities among the single members. The composing of the direction squad promotes the cultural diverseness and the international construction of the company as two out of four have foreign beginnings, viz. America and New Zealand, and furthermore, all of the members have an international occupational background. However, the executive board comprises merely work forces. The CEO of Adidas has three extra authorizations. But he is member of the supervisory board of a football nine and the biggest insurance company in Germany every bit good as the most of import air hose company in Germany so there should be no struggles of involvements in footings of these authorizations. At the same the German Corporate Governance Code besides recommends that executives of listed companies shall non take more than three extra supervisory board mandates besides their existent undertaking Furthermore, the supervisory board passes the Rules of Procedure for the Executive Board which makes statements how the executives shall transport out the corporationA?s concern. These bylaws cover the behavior of concern, the ChairmanA?s duties and the process in footings of meetings and declarations. By implementing the regulations of process the company complies with article 4.2.1 GCGC which recommends established bylaws puting the needed bulk for direction board declarations. Furthermore, there are paragraphs about struggles of involvement, describing duties, out of bounds activities and concern dealing necessitating the blessing of the supervisory board. In general, these regulations of process include suited commissariats to procure good corporate administration board in such a instance. Another statement describes the demand for all executives to unwrap struggles of involvements to the supervisory board and to the other executive members without hold. This demand precisely ref lects the recommendation in article 4.3.4 GCGC discoursing about the revelation of struggles of involvement. Besides general facets are discussed such as the executive board shall guarantee appropriate hazard direction and hazard commanding which meet the demands of article 4.1.4 GCGC or the CEO shall on a regular basis confer with with the Chairman of the supervisory board on scheme, concern development and hazard direction Harmonizing to the Supervisory Board Report 2010 the executive board met its responsibility to inform the supervisory board comprehensively on a regular footing in footings of the concern policy, all relevant facets of concern planning, the current class of the concern, the fiscal place and the profitableness of the company. Furthermore, all major determinations and concern dealing were discussed with the supervisory board.

Thursday, November 28, 2019

Mere Christanity Essays - Social Philosophy, Political Philosophy

Mere Christanity C.S. Lewis begins his book, ?Mere Christianity?, by introducing the Law of Right and Wrong or the Laws of Nature. This, however, arises a question. What is the Law of Nature? The Law of Nature is the known difference between right and wrong. That is, mans distinction between what is right and what is wrong. ?This law was called the Law of Nature because people thought that everyone knew it and did not need to be taught it?(18). Lewis relates the law to how we treat others. We treat others the way we want to be treated and if they treat us poorly in return we become agitated and annoyed with them. He states that we become a society of excuses when something goes wrong. He goes on to say that we want to behave in a certain way when in reality we do the opposite of what is right or what is wrong. We are humans and humans have primal instincts. We are all capable of using our instincts to do right or wrong. Lewis uses an example of a drowning man to prove this point. When one sees a man in trouble two desires or instincts kick into play, to save the man or ignore him because the situation at hand could endanger you. However, there in another impulse that says help the man. With this comes a conflict of instincts. Do you run and forget about it or do you jump in and help. Most people will help even if the situation is going to endanger their life. This is just one way of seeing moral law. The right in a situation will mostly always prevail over the wrong. ?Men ought to be unselfish, ought to be fair. Not that men are selfish, nor that they like being unselfish, but they ought to be?(30). We are creatures of habit and logic. Lewis believes that the moral law is not taught to us rather known by us instinctively. He also believes that the law is real. The law is our behaviors in life via good or bad. Lewis states, ?there is something above and beyond the ordinary facts of men's behavior?(30). This opens Lewis to believe that the natural law is both alive and active in mans life today. Lewis goes on to say that the law must be something above mans behavior. He begins to relate this to the creation of the world. He takes into count the materialistic theory of creation, that is that matter has always existed and creation of man happened out of nowhere. The other view is the religious view. This view states, ?what is behind the universe is more like a mind then it is anything else we know?(32). Man wants to know who or what created the universe and if there is a force directing it let alone them. Lewis wants humanity to reconsider because he feels that man is on the wrong road. He tries to prove this theory by looking at the present condition our world is in today. He feels that people believe in God but only as the Supreme Being behind the law. Lewis believes that God is good and like all good God can be hard and even dangerous. He believes that only a person can forgive and their good can be reacted to in many different ways. We ultimately can interpret the outcome as good or bad. Good to our benefit and bad to no ones prevail. Lewis also believes that Christianity will not make sense to anyone until they realize that the Moral Law is real and the power that governs it is also real. To make Christianity make sense we must stop abusing the power and breaking the law. Lewis starts off Book II by discussing his ideas on God and the major divisions of belief in God. He believes that God is beyond all good and evil and that He is righteous and all mighty. To say that God is beyond all that is good and evil is called Pantheism. Pantheists believe that God is the universe and if the universe didn't exist neither would God. This differs from the Christian view that God created the universe.

Sunday, November 24, 2019

Democracy in Germany essays

Democracy in Germany essays Why did so many Germans vote for anti-democratic parties after 1929? Many Germans voted for anti-democratic parties after 1929 due to the effects of the Versailles Treaty, the development and implementation of the German Democratic Constitution, and the growing number of elites opposing the democracy government. The economic instability caused by the depression, and the increasing support for the NAZI party, also had detrimental effects on the democratic government. The effects of the Versailles Treaty on the German population, was a contributing factor which led to the collapse of the Weimar Republic. The Treaty of Versailles was signed on the 28 June 1919. The German government and people expected that the treaty would be established and based on the fourteen points written by President Wilson of the United States in January 1918. Yet when the terms were given to the German government, it was clear that the treaty was not a peace of reconciliation but one of German punishment. Clause 231, which was one of the many terms within the treaty, condemned Germany for causing the war. The German people rejected this, as they believed that they were fighting a defensive war. The treaty also forced Germany to reduce their army to 100 000 personnel. It was also prohibited from producing offensive weapons. Germany was no longer allowed to have an airforce or own any submarines. The navy was also forced to reduce its size to six small battleships an d six cruisers. The territorial losses due to the Versailles Treaty, was the most detrimental hardship Germany was forced to face. Germanys land was reduced by 13% and all of their colonies were confiscated. Alsace-Lorraine was returned to France and Sudetenland was given to the new state of Czechoslovakia. The German city of Danzig was placed under the control of the League of Nations, and because of French fears of another German attack, the Rhineland wa...

Thursday, November 21, 2019

Solar Energy Research Paper Example | Topics and Well Written Essays - 1250 words

Solar Energy - Research Paper Example ss of the lost radiation, the solar energy that reaches the surface of the Earth is 10,000 times the energy used by the people (Solar energy in McGraw-Hill Concise Encyclopedia of Science and Technology, 2004). The radiation which is scattered when it collides with gas molecules is termed diffuse radiation, whereas the portion that directly reaches the Earth’s surface is termed direct radiation. Clouds play an important role in the scattering of radiation and hence reduce direct radiation by 80 – 90%. Global radiation is defined as the total radiation, including the diffuse and direct radiation that reaches the Earth’s surface (Solar energy in McGraw-Hill Concise Encyclopedia of Science and Technology, 2004). Extensive research is being carried on the utilization of solar energy; and the chief aim is to develop technology and discover efficient ways to capture the low-density solar energy, and convert it to a form that would be useful. In addition, forms of energy, such as wind energy, biomass energy, hydro power and thermal energy that derive from solar energy, promise to generate clean forms of energy. At present, with the sole exception of hydropower, none of these forms of energy are being employed to any significant extent (Solar energy in McGraw-Hill Concise Encyclopedia of Science and Technology, 2004). Sources of energy that do not get exhausted and can be replenished are known as renewable sources of energy. Most of the renewable energy systems that are in use rely either directly or indirectly on solar energy. The direct sources include tapping the heat and light of the sun, whereas the indirect sources are wave power, hydroelectric power, and wind turbines (Renewable energy in Illustrated Dictionary of Science, Andromeda, 1988). With growing awareness, regarding the ill effects and the limitations of fossil fuels, which will eventually be totally consumed, there is a sustained effort to change over to a more eco – friendly economy that is

Wednesday, November 20, 2019

International Education Personal Statement Example | Topics and Well Written Essays - 500 words

International Education - Personal Statement Example As an educator, I would like to be a part of this movement of educational globalization and I am banking on the Institute of Education to significantly assist me through enlightenment and empowerment so that I may be able to take on the challenges of international education. Through the Educational Doctoral program at the Institute of Education, I hope to achieve professional development in three areas: First, with the Institute's strength in academic discipline and through the guidance of my mentors, I will be able to sharpen my professional ability for critical analysis, broaden my knowledge on educational theories in the fast changing international education arena, hone my academic leadership skills and build effective strategies to respond to challenges, issues and concerns of institutes, educators, students, and their families. Second, with research support from the Institute of Education, I would like to create a cooperative educational model that synergistically supports educational institutes and international students with specific application on the Elpis Project. I have witnessed tremendous growth in the international educational market especially, in the numbers of students joining exchange student programs.

Monday, November 18, 2019

Globalization and the New World Order Assignment

Globalization and the New World Order - Assignment Example This has encouraged entrepreneurs to venture into business opportunities. Compared to the 50s, many economies have grown exponentially. For example, China has been a notable economy rising fast (OECD International Trade Statistics, 2010). The reason behind China’s rocketing economy is its investments in foreign direct investments (FDI). China has continued to make investments in other countries and is currently the leading country in terms of revenue from the foreign direct investments. So has globalization created a new world order? An individual needs to have the meaning of ‘new world order’ to answer the question. New world order generally refers to change in the global trend. New world order summarizes the numerous explanations of common human behavior across the entire world. Globalization has made it possible for people all across the world to communicate and share with each other (James, 2009). The fact that, majority of the people worldwide are affected by globalization, directly or indirectly, make globalization a trend setter or a common factor in the world. Hence to state that globalization has created a new world order makes complete sense. Globalization affects every economy in the world regardless of the economics’ strength and stability. Big economies have invested in other smaller economy. Developing nations have strengthened their economies due to the revenue gotten from international trade. The new world order has also improved on the living standards and lifestyles in the developing countries (James, 2009). One of the fundamental economic factor that globalization, or the new world order, has had a major influence is the creation or jobs. Ranging from countries based investments to multinational corporations; the job opportunities have life easy for ‘the worker’. Question 2; Globalization is Dead? Globalization can be the cultural, economic or social interaction between two or more people from different origins. To date, people travel globally as tourists to other counties. The major attraction in tourism is culture. People love to explore cultures in form of art like; music, paintings, dancing and publications (Norris, 2009). The mode of dressing has made the fashion industry boom to become a multi-billion industry. Artistic ideas continue to be exchanged all over the world. Due to the high levels of technology, one does not need to leave his motherland to experience this cultural interaction. One can simply access the internet and other sources of information media that are available to them. Economically, businesses still strive to find new markets. Both large scaled, and small scaled, businesses have and continue to be created due to the endless interaction of people. Investors from foreign countries invest in a country; hence, improving the individual’s lives. Ideas also borrowed from other countries also become successful ventures. Globalization continues to create bu siness and trade opportunities that help in develop any economy or the livelihood of any person (Keith, 2006). Socially globalization has made changes in the way of life. Some social occasions like sporting events promote the interaction of people from different origin. Olympics have over the years been a prominent sporting event that attracts athletes from all over the world. In some European and Latin countries, street festivals attract millions of tourists. Among the many globalization elements, socially, religion is the most spread among the world population. People have and continue to change their religious belief (Elliott, 2009). This is as a result of the infinite interaction of pe

Friday, November 15, 2019

Ultra Wideband (UWB) Innovation

Ultra Wideband (UWB) Innovation Dynamic UWB is another fascinating innovation for remote correspondences. It can supplant generally bearer based radio transmission by heartbeat based transmission utilizing ultra wide band recurrence yet at a low vitality. A vital part of examination in this space is to discover a heartbeat with an ideal shape, whose force unearthly thickness regards and best fits emanation restriction cover forced by FCC. In this venture we audit regular utilized Gaussian beats and its subordinates and the impact of shape variable, discovering an ideal particular worth for every subordinate. Next, we inquiry to acquire conceivable better heartbeat shapes as straight blends of Gaussian subsidiaries. More established studies allude for one situation to the same shape component for all subsidiaries and in other case to higher variable for first subsidiary and littler shape elements for ensuing subordinates. Our new thought is to utilize Gaussian subordinates, each with its particular ideal shape Variable and to utilize an experimentation calculation to acquire a straight blend beat with better execution. Overview of UWB innovation Ultra wideband (UWB) innovation is right now being examined as a promising answer for transfer speed, expense, power utilization, and physical size prerequisites of the cutting edge short range remote correspondences frameworks. As a rule, it is characterized as any remote transmission conspire in which the fragmentary data transfer capacity is more noteworthy than 0.25 or the data transmission (as characterized by the -10 dB focuses) possesses 1500 MHz or a greater amount of the range. The fragmentary transmission capacity is characterized as B_f=2 (f_h-f_l)/(f_h+f_l ) †¦ ( 1.1) Where f_haref_lare the upper and lower -10 dB emanation purposes of the sign range, separately. The inside recurrence of the transmission is characterized as the normal of the upper and bring down 10 dB focuses, i.e. à £Ã¢â€š ¬-(fà £Ã¢â€š ¬-_h+f_l)/2. Not at all like ordinary remote correspondences frameworks, UWB frameworks transmit data utilizing tight time-span (regularly a couple of several picoseconds to a couple of nanoseconds) heartbeats that spread the vitality from close DC to a couple giga hertz without utilizing a recurrence transporter. On February 14, 2002, the Federal Communications Commission (FCC) determined that the UWB frameworks must work with their -10 dB data transfer capacity inside of the recurrence [3.1-10.6] GHz for indoor correspondences and their -20 dB transmission capacity inside of the [3.1-10.6] GHz range for outside interchanges. The wide range permits gadgets to get high information rate. The FCC likewise forced strict show power limitations on UWB. The transmitted force range thickness (PSD) is restricted to -41dBm/MHz taking after the regulation, UWB gadgets can make utilization of a to a great degree wide recurrence band (7.5 gigahertz) while not emanating a lot of vitality. Consequently, obstruction with existing remote gadgets can be minimized. The low vitality thickness in range additionally gets a Low Probability of Detection (LPD) trademark, which is noteworthy for both military and business applications. Since UWB is a bearer less strategy, the framework unpredictability and expense will be extraordinarily lessened. UWB frameworks can be made about all-computerized, with neg ligible RF or microwave hardware. This element dodges impedance with existing administrations, while completely using the accessible range. With the attributes of wide transmission capacity, low power, minimal effort, and high information rates at constrained extent, UWB is a promising possibility for future short range remote interchanges. A brief history of UWB Ultra wideband (UWB) radio is the current rebirth of an exceptionally old sort of Communication. The primary cross-Atlantic remote transmission by Guglielmo Marconi utilized flash attachment transmitters that can be considered as motivation based UWB transmission. The cutting edge period in UWB began in the mid 1960s from work in time space electromagnetic to depict the transient conduct of a certain class  of microwave systems through their trademark drive reaction. The developments in UWB improvement are the appearance of the testing oscilloscope by  both Tektronix and Hewlett-Packard in the mid 1960s and the achievement of systems for sub-nanosecond beat era, that is, giving suitable close estimations to a motivation excitation, the drive reaction of microwave systems could be specifically watched and measured. In 1972, Ross at Sperry Rand Corporation designed a delicate baseband beat recipient that replaces the inspecting oscilloscope which prompted the initially licensed out line of a UWB correspondences framework. In the meantime, broad examination was led in the previous Soviet Union. In the mid 1970s the essential outlines for UWB frameworks got to be accessible. Both radar and correspondence frameworks could be built by fundamental parts, for example, heartbeat train generators, heartbeat train modulators, exchanging heartbeat train generators, identification beneficiaries and wideband recieving wires. The primary ground-infiltrating radar in light of UWB was popularized in 1974 by Morey at the Geophysical Survey Systems Corporation. Through the 1980s, this innovation was alluded to as baseband, bearer free or drive radio. The expression ultra wideband was not utilized until 1989 by the U.S. Division of Defense. From that point forward, with the progression in equipment outline, UWB innovation has been utilized as a part of numerous applications, for example, correspondences, and altimetry. Inside of the scholastic connection, Professor Scholtz and his gathering in the University of Southern California spearheaded UWB examinations since the mid 1990s. In1993, Scholtz distributed a historic point paper that exhibited a numerous entrance procedure for UWB correspondence frameworks. This strategy apportions every client a novel spreading code that decides particular examples in time when the client is permitted to transmit. This permits UWB to backing not just radar and point To point correspondences, additionally remote systems. Being a promisingi possibility for remote systems, more iresearchers started to examine on UWB in the late 1990s and mid 2000s. These studies incorporate heartbeat shape outline, various access plans, channel imodel investigation, radio wire reaction portrayal, and transmitter and ireceiver plan in UWB frameworks. In the meantime, there has been a quick iexpansion of the quantity of organizations and government offices included in iUWB, which incorporate Multispectral Solutions, Time Domain, Aether Wire, and iFantasma Networks. These organizations and the FCC, National iTelecommunications and Information Administration (NTIA), Federal Aviation Administration (FAA), and Defense iAdvanced Research Projects Agency (DARPA), have spent numerous years iinvestigating the impact of UWB emanations on existing inarrowband frameworks. UWB favorable circumstances There are a few favorable circumstances in UWB itechnology contrasted with customary remote advances. The 802.15.3 physical layer paradigm irequires outlines to accomplish 110 Mb/s for a collector at a separation of 10m iand 200Mb/sat 4 m, with choices for showing marketability to higher rates of up ito 480 Mb/s at separations under 4 m. The rule for the high information rate is ibased on the Shannon channel limit Hypothesis, iwhich is given by C=W-log_2 (1+SNR) ..†¦ .(1.2) where C is most extreme channel limit, W is channel transmission capacity, and SNR is signal  to clamor power proportion in Gaussian Channel. Shannons mathematical statement shows that channel limit becomes directly with the transmission capacity. However, it obliges exponential increments in energy to accomplish the same result if the transmission capacity and clamor level is altered. Those achievable rates for UWB and two other short-extend remote systems administration advances strikingly the 802.11a in the Unlicensed National Information Infrastructure (UNII) radio band (5 GHz) which is isolated into three sub-groups, and Bluetooth in the 2.4 GHz modern, exploratory and medical(ISM) radio groups are demonstrated. We can see that UWB gives much higher potential connection rates than alternate remote advancements at shorter separations (ordinarily less than10m). The photo demonstrates that UWB innovation is most suitable for short-go (under 10m) applications. Long range adaptability can be served by WLAN applications for correspondence connection plan, two measurements are much of the time utilized; to be specific, trans mission capacity effectiveness, which is measured in b/s/Hz and spatial limit, which is given by b/s/m2 that catches the accumulated information power in time and space. As indicated by the accompanying illustration we can plainly see the upsides of UWB over different advancements. The 2.4 GHz Industrial, Scientific, and Medical (ISM) band contains 80 MHz of usable range which infers that three 22 MHz IEEE 802.11b frameworks can work on a non-meddling premise. Every framework can give a top rate of 11 Mb/s to accomplish an aggregate accumulated pace of 33 Mb/s. For a working scope of 100 m, this yields a spatial limit of give or take 1 Kb/s/m2. Bluetooth in its low-control mode can achieve 10 m go and can accomplish a crest rate of 1 Mb/s. Studies have demonstrated that Pretty nearly ten Bluetooth groups can work all the while inside of this reach with negligible corruption. This yields a total pace of 10 Mb/s and a spatial Limit of Approximately 30 Kb/s/m2. UWB frameworks are intended for 110Mb/s at 10 m range with four assembled bunches, which yields a spatial limit of around 1.3 Mb/s/m2. Consequently, the information power UWB can conceivably backing is a few requests of extent bigger than those of the current WLANs/WPANs. In this way, UWB speaks to a tradeoff between lower phantom effectiveness for expanded force proficiency to accomplish a given rate/reach working point with constrained transmitting force. In conventional UWB frameworks, the expansive data transfer capacity was accomplished by utilizing extremely slender time-term baseband beats

Wednesday, November 13, 2019

The Cognitive Revolution and Scientific Study of Psychology Essay

The cognitive revolution in psychology was a period during the 1950’s and 1960’s which involved radical changes to two major concepts in psychology which are consciousness and causality. It was also a period that saw to the abolishment of traditional science values of dichotomy and the worship of atomisation in science, replacing reductive micro deterministic views of personhood with holistic top-down view (Overskeid, 2008) The aim of this essay is to give an account of what constitutes the cognitive revolution, and also assess the contributions that the cognitive revolution has made to the scientific study of psychology. The cognitive revolution represents a diametric turn around in the century’s old treatment of mind and consciousness in science, such as the contents of conscious experience, whose subjective qualities were being discarded as mere causal epiphenomena (Sperry 1993). This paradigm shift brought with it alternative beliefs about the ultimate nature of things thereby bringing forth new answers to some of humanities deepest questions. The key assumption of cognitivism is that people have different mental states each of which can lead to a different response. The manipulation of these different states can be described in terms of algorithms all of which has become the defining paradigm of psychology (Sperry 1993) One major contribution that cognitivism had on the study of psychology as a science came in the form of psychological theories. It returned the conditioning theory as well as comparative psychology back to a position where they recognized the there were a number of qualitative differences between the psychological processing of humans and animal (Greenwood, 1999). This is as a result of the empirical prob... ...an Psychology. American psychologist, 47(2), 308-318 Robins R.W, Gosling S.D & Craik R.H (1999) An Empirical Analysis of Trends in Psychology. American psychologists, 54,(2), 117-128 Vosniadou S. (1996) TOWARDS A REVISED COGNITIVE PSYCHOLOGY FOR NEW ADVANCES IN LEARNING AND INSTRUCTION. Learning and instruction,6( 2), 95-109. Sperry R. (1993) The Impact and Promise of the Cognitive Revolution. American Psychologist 48 (8) 878-885 Overskeid, Geir. (2008, January 1). They should have thought about the consequences: the crisis of cognitivism and a second chance for behavior analysis The Free Library. (2008). Retrieved January 01, 2011 from http://www.thefreelibrary.com/They should have thought about the consequences: the crisis of...-a0175445637 Newell, A., Shaw, J. C., & Simon, H. (1958). Elements of a theory of problem solving. Psychological Review, 84, 231–259.

Sunday, November 10, 2019

Financial Analysis of Hershey and Tootsie Roll Essay

Introduction Tootsie Roll and Hershey are two similar companies with a similar product offering, but they operate on entirely different scales. In an effort to determine the better investment of the two companies we will utilize multiple financial analysis ratios to gauge the health of the respective companies in terms of liquidity (the ability to pay short-term liabilities and respond to opportunities), solvency (the long-term viability of the company) and profitability (the efficiency at which the can turn it’s resources into profits). However, the snapshot picture of health that a single years worth of financial statements provide is not enough. Below we have offered a horizontal analysis of the respective companies to show the change in their health from 2012 to 2013 and analyzed the two companies against each other to show why we recommend Hershey as the better investment. Liquidity and Solvency Current Ratio The current ratio is defined as the current assets divided by the current liabilities for a given period. This ratio is important because it helps measure a company’s ability to pay their current liabilities with their current assets. This shows helps determine the liquidity of the companies and their ability to respond to market opportunities. Tootsie Roll has a current ratio of 3.25 in 2012 and 3.99 in 2013(an 18.5 percent increase). Hershey, on the other hand, has a current ratio of 1.44 and 1.77 (also an 18.5 percent increase) respectively. Both companies have increased year over year. As the current ratio shows, the Tootsie maintains a healthier ratio, but both have improved at the same rate. Debt to Asset Ratio This is a comparison of the debt-to-total asset ratio; also known as the leverage ratio, of both companies. This ratio is a good measure of solvency as it shows the percentage of assets that are financed with debt. Tootsie Roll has a ratio of 23 percent for both years while Hershey has a ratio of 78 percent and 70 percent respective to 2012 and 2013. Generally, this number should not be too high. While Hershey’s numbers are higher than Tootsie Roll’s, Hershey’s numbers have improved over the year. Furthermore, we believe Tootsie Roll may actually be under-leveraged since, â€Å"Having a healthy amount of debt can actually enhance a company’s profitability, in terms of the shareholders’ investment† (Harrison, Horngren, Thomas, 2013). As will be seen from the following ratios on profitability, Hershey is more efficiently turning their assets into profits, suggesting a better use of the healthy leverage shown in the debt to asset ratio. Profitability Gross Profit Rate A major factor for investors will always be the profitability of a company. One of the fundamental ratios to utilize when measuring the ability of a company to create a profit is the gross profit ratio, which is important for internal use as well as external use. For example: â€Å"Gross profit percentage is markup stated as a percentage of sales†. (Harrison Jr., Horngen, Tomas, 2013) This ratio will identify how much gross profit is being generated by every dollar the company generates though sales. Investors will always want to carefully keep track of the gross profit ratio in order to identify a downturn or an upturn in profits. Furthermore, The Hershey Company had a higher increase in gross profit ratio than Tootsie Roll Industries. The Hershey Company managed to increase the profit ratio from 43 percent in the year 2012 to 48 percent in the year 2013. This shows that The Hershey Company managed to increase their profit ratio by 11.5 percent from previous year. Tootsie Roll, on the other hand, also improved year over year, but only by 5.5 percent to reach a gross profit rate of 35 percent in 2013. It is important to note that the minimum increase in gross profit for every dollar of sales can make a huge difference in profits. For example: â€Å"an upturn by a small percentage can mean millions of dollars in additional profits†. (Harrison Jr., Horngen, Tomas, 2013) Even though the cost of goods sold consumes $0.52 of each sale, The Hershey Company managed to generate a  profit of $0.48 for each dollar of sales. Profit Margin Ratio The profit margin ratio demonstrates the ability of a company to increase the percentage of net income earned for every dollar of sales. For example: â€Å"this ratio shows the percentage of each sales dollar earned as net income†. (Harrison Jr., Horngen, Tomas, 2013) The Hershey Company was able to increase the profit margin ratio from 10 percent in 2012 to 11 percent in 2013. The increase in profit margin from the previous year 2012 shows that the performance of the company is increasing which means that revenue is increasing or expenses are decreasing. Furthermore, The Hershey Company is managing their performance efficiently and this is directly reflected in profit margin ratio. Return on Assets The return on assets (ROA) ratio helps measure how profitable a company is in relation to its total assets. In the case of Tootsie Roll, the company had an ROA of .06 in 2012 and an ROA of .07 in 2013. This is an increase of close to 16.7 percent year over year. Hershey, on the other hand had an ROA of .14 in 2012 and .16 in 2013. Hershey’s rising ROA is comparable at 14.3 percent. With change 16.7 percent and 14.3 percent being so similar, we favor Hershey’s ROA at the higher rate of .16 in 2013 as opposed to Tootsie Roll’s relatively meager .07 ROA. Payout Ratio The payout ratio will help make the final case of Hershey as the better investment of the comparable companies. The payout ratio measures the proportion of earnings that are paid to investors and shareholders. Because dividends are so important to the investment opportunity, this is an important ratio when looking at a company for investment income. In 2012 Tootsie Roll had a high payout ratio of 1.01 percent where Hershey’s was 52 percent in comparison. However, in 2013 Tootsie Roll’s payout ratio dropped a huge, 77 percent to 23 a percent ratio. Hershey’s payout ratio also dropped, but only 7.6 percent to 48 a percent ratio. Not only is 48 percent a better current number than Tootsie Roll’s .23, but as a long-term investment Hershey shows much more stability. Therefore Hershey continues to stand out as the stronger investment opportunity. Conclusion Determining the better of two companies to invest in is risky business and involves many factors outside of the numbers provided on financial statements. However, we have seen that by looking at the liquidity, solvency and profitability of the companies against each other an over time, we can gain valuable insights as to how well the respective companies are performing in the current environment and how well they are positioned to take advantage of rising opportunities and threats. Our analysis of Tootsie Roll and Hershey show that while Tootsie Roll has safer numbers in respect to liquidity and solvency, Hershey is clearly more efficiently using both it’s assets and liabilities to turn higher profits and pass that money on to it’s investors. Therefore, The Hershey Company is the clear choice to invest with. Bibliography Harrison, W. T. (2013). Financial Accounting, VitalSource for DeVry University, (9th ed.). Pearson Learning Solutions. Hershey. (2013). SEC Annual Report. SEC. Hershey: The Hershey Company. Tootsie Roll Industries. (2013). SEC Filing 10-K 2013. Chicago: Tootsie Roll.

Friday, November 8, 2019

How to Use the French Word Du Tout

How to Use the French Word Du Tout The French word du tout, which is pronounced, du too, means (not) at all. It has a normal register. Usage The French expression du tout emphasizes a negative word, most commonly the negative adverb pas. When used with pas, du tout can be placed either right after it or else at the end of the sentence; the latter is a bit more forceful. Je naime pas du tout courir. / Je naime pas courir du tout. I dont like running at all.Il na pas du tout changà ©. / Il na pas changà © du tout. He hasnt changed at all.Elle na pas du tout didà ©es. / Elle na pas didà ©es du tout. She doesnt have any ideas at all. In response to a question, du tout can be used on its own or with pas to mean not/none at all. Veux-tu aller au cinà ©Ã‚  ? -Du tout. / Pas du tout. Do you want to go to the movies? -Not at all.Tu nas pas dargent  ? -Du tout. / Pas du tout. You dont have any money? -None at all. Du tout can also be used with other negative words: Il na rien fait du tout ce matin. He did nothing at all / He did absolutely nothing this morning.Personne du tout nà ©tait la plage. There was no one at all / There was absolutely no one at the beach.  Il ny a plus du tout de cafà ©. Theres no coffee left at all.Elle est partie sans pleurer du tout. She left without crying at all.

Wednesday, November 6, 2019

Something’s Not Right (A Poem)

Something’s Not Right (A Poem) Something's Not Right I just stopped by to say good night Before going to bed, When suddenly I saw something so shocking It puzzled my head I covered my eyes Not my mother and my sister lying nude in the bed I quickly ran off and tried to forget what I had seen But not now I see it in my dreams Till this I cant sleep without my light Someone please help me Something's Not Right Something's Not Right It appears I play video games too much And I don't know why Mother tells me to turn them off And I do, no that's a lie I can put them down And sadly it's affecting my grades I'm not a dumb jock I'll do something great with my life But as of today I'm the worlds Greatest PS2 player Something's Not Right Something's Not Right I've got a secret I need to keep It's why I run off into the night Sadly I'm in love with someone mother doesn't like She never gives him a chance I guess she doesn't remember when she was a teen Young love can be so intoxicating And at times mother is just mean She ha tes where he lives And she hates his color, and age He's the first guy I ever meet to both love and be friend me And she hates that too But most of all its his name she hates, I think it's beautiful and I love him to death Is that wrong? His name is Hennessey Something's Not RightSomething's Wrong

Monday, November 4, 2019

Introduction to inllectual property Coursework Example | Topics and Well Written Essays - 1500 words

Introduction to inllectual property - Coursework Example ments of the patent is that it contains a clear description of the invention, so that people skilled in the field of engineering may be allowed to apply it. By law the patent is issued in the name of its actual inventor. However a joint inventor is allowed to contribute and conceive some elements as mentioned in the claims. Any technician or any other individual who worked under the guidance of the inventor is not considered to be the joint inventor, unless or until they have made any individual contribution. Patents can also be used as a negotiating tools for the cross licensing agreements that may at times include certain trade secrets. Copyright is used to keep the publishers and other entities from using the each other books without making payments. The basic concept indicates the fact that some spark of originality and creativity must be present for the protection of copyright. The concept of copyright is based on the fact that only the expression of functions or ideas is protected not the idea itself. It is certain that the idea of spreadsheet cannot be copyrighted; however some particular screen choices can be. Copyright gives long term protection to the publisher in comparison to the patent. The term covers the whole life of the author plus 50 years more. Decompiling codes is often used for in order to discover the working of software products. The information gained in this case should be abstracted before it is even applied. The clean room technique is an approach used for insulating an idea rather than expressing it. However if some new work is created by the author with reference to his previous copyrighted material, then such material is classified as derivative work. This derivative work is not considered original but it is considered to be the part of the copyrighted material. Trademarks are considered to be the logos, regular patterns or the stylized patterns used by the businesses and entrepreneurs as a shorthand identity to represent their