Writing comparison essays
Topics For Term Paper In Political Science
Wednesday, August 26, 2020
Tess of the dââ¬â¢Urberville :: Literary Analysis, Thomas Hardy
Thomas Hardyââ¬â¢s Tess of the dââ¬â¢Urbervilles is an analysis on Victorian culture. Be that as it may, the major, all inclusive thought it reprimands is the presence of genuine affection. Through the connections Tess has been in, just as the time in which Hardy lived in, it has become clear that there will consistently be a blemish with sentiment. In the first place, Hardy composed pragmatist works of writing. So as to escape the ââ¬Å"fantasyâ⬠of Romantic works authenticity was a reaction in which the genuine social attributes of life were represented. This is obvious in Tess of the dââ¬â¢Urbervilles as Tess is portrayed as admitting to the state of our planet, ââ¬Å"a scourged oneâ⬠(40). By conceding life and Earth to be a rotting one, Hardy has indicated that things could be better, a significant point of view of other social scholars of his day. Be that as it may, just as being an author, Hardy was an artist and a prestigious one at that also. In his sonnet ââ¬Å"Between Us Nowâ⬠Hardy again shows attributes of a pragmatist essayist: ââ¬Å"Let there be truth finally/Even if despairâ⬠(lines 7, 8) implying that he will be acceptant of both reality and its outcomes. Thusly, Hardy is totally equipped for portraying social issues, and does as such in Tess. Presently, the primary significant relationship Tess is in is with Alec dââ¬â¢Urberville in which she is oppressed to abuse. One of the most clear instances of the way Alec treats Tess in the nursery, where he takes care of her strawberries while she was ââ¬Å"in a slight distressâ⬠and even smokes before her, despite the fact that she asserts that she minds ââ¬Å"not at allâ⬠(52). Presently the more clear model, the strawberry misuse, implies the assault which comes later on in the novel. She is compelled to expend the strawberry in spite of the fact that she would prefer ââ¬Å"take it in [her] own handâ⬠(52), clearly indicating refusal at an unpolished state, notwithstanding this Alec brazenly smoked around her, which isn't just ill bred yet perilous to her wellbeing. The ââ¬Å"narcotic hazeâ⬠(52), which pervaded the rooms Alec and Tess were in, acted like puzzling amnesiac billows of death. They constrained perceivability as well as stifled Tess and h armed her in the long run later on. This is likewise corresponding to her assault in that the harm done by Alec was imperceptible for quite a while in the two cases. Later on in the novel, Alec is without further ado changed over into a sincere Christian however is ââ¬Å"temptedâ⬠by Tess, whom he calls a ââ¬Å"dear condemned witch of Babylonâ⬠(377).
Saturday, August 22, 2020
Wisdom Sits In Places Essays - Native American Tribes In Arizona
Intelligence Sits In Places There is a profound connection between the earth and Western Apache individuals. The bonds between the two are solid to such an extent that it is inserted in their way of life and history. Keith Basso, creator of Wisdom Sits in Places developed this hypothesis and did as such by disclosing himself into Western Apaches life. He went through fifteen years with the Apache individuals considering their relationship with the earth, explicitly focusing on Place-names. At the point when Basso initially started to work with the Apache individuals, one of his Apache companions instructed him to become familiar with the names, since they held an exceptional importance with the network. (Cruikshank 1990: 54) Place-names are exceptional names given to a particular area where an occasion occurred that was huge in history and pivotal in forming ethics and convictions. Using place-names, nature turned into an encouraging instrument for Apache individuals. Red Lake, the modest community where I grew up, is an Ojibwa place-name. The territory goes back 9000 yeas prior when the Stone Age people groups previously occupied the district that is currently known as northwestern Ontario. These aboriginals were indigenous individuals acquainted with the properties of the encompassing plants and wild creatures. They lived along the conduits and approached their condition with deference and praised its bounties through their otherworldliness. (Site #1) As per Ojibwa legend, a huge number of years back, two trackers went over an enormous moose remaining close to an excellent clear blue lake. The Hunters thought the moose was a shrewd soul named Matchee Manitou and they attempted to execute it. One of the trackers shot the creature with a bolt simply injuring it. The great and magnificent creature got away by plunging into the water and vanishing until the end of time. A huge pool of blood hued the water red, concealing the once lovely blue lake. An animal so gigantic was gone forever. The trackers named the lake Misque Sakigon importance Color of Blood Lake. A long time later it got known as Red Lake. (Site #1) At the point when I heard this story, 12 years prior, it originated from the mouth of my dads old buddy, an Ojibwa man, named Henry Meekis. I despite everything recall everybody sitting before him while he recounted to the story. His energy for the story penetrated the room and we were completely enamored by it. The significance of spot name study lies in the light it sheds on the social history and legacy of the indigenous individuals. Many spot names in are drawn from Indigenous dialects, for example, Apache Cree, Ojibwa and so forth. Inquiring about spot names of Indigenous root requires a comprehension of Indigenous standards of naming spots, of the use of names to geographic regions, and for each name the chronicled conditions that have occurred there. Basso came to understand this would all be able to turn out to be trying because of language obstructions, he composes, I predicted that my inability to articulate the obstinate Apache place name would be deciphered by him as an absence of regard. What's more, never had I presumed that utilizing an Apache place-name may be heard by the individuals who utilized them as rehashing verbatimactually quotingthe discourse of the early precursors. (Basso 1999: 10) Basso depicts place-names as a widespread instrument of the verifiable creative mind and in certain social orders, if not the incredible lion's share, it is without a doubt among the essential of all. (5) The Apache individuals partner places with occasions that have occurred ever. Basso portrays a considerable lot of these spot names in his book and every one of the accounts tells a story of history and profound quality regarding nature. I discovered it very intriguing that no dates were connected to the tales. I accept this is on the grounds that time allotments detract from the importance of the story. Old stories, as it were, become less significant in light of the fact that we consider them old and out-dated. The Apache individuals provided submits names in request to educate individuals regarding there past, just as to show regard for the land in which they lived on for such huge numbers of years. Charles Henry, Bassos companions and Apache witness, portrays his precursors naming procedure, this spot may enable us to endure. In the event that we settle this nation we should have the option to talk about this place and recall it obviously and
Friday, August 21, 2020
Top 10 Netflix Series to Binge Watch
Top 10 Netflix Series to Binge Watch Here are 10 Netflix series that you need to binge watch Here are 10 Netflix series that you need to binge watch Remember the days when you would explore your cable guide and think, âwow, thereâs literally nothing on TVâ¦â Well, thanks to technology (and Netflix), this isnât really the case anymore. Like other streaming services, Netflix (the OG of movie and television streaming) offers thousands of options for your viewing pleasure. As a student, Netflix is the best and worst case scenario! For time management, itâs not awesome â" but, for binge-watching with friends, it is a dream come true. With so many options, choosing a new series can be rather difficult. To help make your decision easier, here are 10 Netflix series to binge watch. 1. Stranger Things Thereâs a reason this show became an overnight sensation. With a supernatural storyline, this sci-fi tale covers all the basics: humour, romance, horror, action ⦠we just canât get enough! Season 2 airs in October 2018 so itâs the perfect time to catch up. 2. Unbreakable Kimmy Schmidt If youâre looking for a quirky comedy, Unbreakable Kimmy Schmidt is a great option. With a fully grown adult woman experiencing the real world after spending yearsâ captive in a bunker, this satirical comedy will keep you thinking, âare you fudging kidding me?â 3. GLOW GLOW stands for the Gorgeous Ladies of Wrestling, and this show is anything but glamourous. From the makers of Orange is the New Black (another Netflix classic) this show allows you to gain a real sense of the characterâs experiences and how theyâve come to be. 4. Flaked This show is completely underrated. With very short seasons, itâs quick to get through but keeps you completely enthralled the entire time. Is Chip misunderstood or just a real piece of work? Thatâs for you to decide. 5. Friends From College The characters from this hot new series are just a complete mess, but this is what makes this show a must-watch. Are these people even friends or do they actually all hate each other? With the poor choices they make, youâll be glad youâre not a part of this crew. 6. Ozark If you are a Jason Bateman fan, you need to watch Ozark. This dramatic series is full of suspense, drama, and crime. Working for a drug lord and uprooting his family (including his cheating spouse) to launder more money in a desperate attempt to stay alive, this series will keep you on the edge of your seat. 7. Riverdale Betty, Veronica, Jughead, and of course the beloved Archie are at the core of this new series which takes a modern twist on those classic Archie comic books. With a murder being the core focus of this series, characters will go through love, heartbreak, and betrayal, all while finding themselves. 8. Master of None Featuring comedian Aziz Ansari, this series is 2 seasons in and a total crowd-pleaser. The weird part about this series is that there isnât really a main focus to the show as a whole â" itâs just about a guy named Dev and how heâs navigating life, love, and a career. 9. Love This show is funny, relatable, and full of love â" and heartbreak, frustration, screaming matches⦠you know, usual stuff that happens in relationships. PSA: This show is absolutely addictive and will have you anxiously awaiting season 3 in no time. 10. Atypical This dramatic comedy is new to Netflix but is one that will likely become the next big hit. Itâs about a dysfunctional family that deals with the triumphs and tribulations of dating, education, and autism. As a student, taking time for yourself to kick back and relax is important, and these Netflix shows are sure to help make that easy. Did you accidentally binge-watch a full series this week and forget about a paper you have due tomorrow? No problem! Contact us for a free quote and let us lend a hand. References: Voorhis, G. V. (2016, May 25). Everything You Always Wondered About Netflix But They Refuse To Tell You. Retrieved August 21, 2017, from 3932999 Top 10 Netflix Series to Binge Watch Here are 10 Netflix series that you need to binge watch Here are 10 Netflix series that you need to binge watch Remember the days when you would explore your cable guide and think, âwow, thereâs literally nothing on TVâ¦â Well, thanks to technology (and Netflix), this isnât really the case anymore. Like other streaming services, Netflix (the OG of movie and television streaming) offers thousands of options for your viewing pleasure. As a student, Netflix is the best and worst case scenario! For time management, itâs not awesome â" but, for binge-watching with friends, it is a dream come true. With so many options, choosing a new series can be rather difficult. To help make your decision easier, here are 10 Netflix series to binge watch. 1. Stranger Things Thereâs a reason this show became an overnight sensation. With a supernatural storyline, this sci-fi tale covers all the basics: humour, romance, horror, action ⦠we just canât get enough! Season 2 airs in October 2018 so itâs the perfect time to catch up. 2. Unbreakable Kimmy Schmidt If youâre looking for a quirky comedy, Unbreakable Kimmy Schmidt is a great option. With a fully grown adult woman experiencing the real world after spending yearsâ captive in a bunker, this satirical comedy will keep you thinking, âare you fudging kidding me?â 3. GLOW GLOW stands for the Gorgeous Ladies of Wrestling, and this show is anything but glamourous. From the makers of Orange is the New Black (another Netflix classic) this show allows you to gain a real sense of the characterâs experiences and how theyâve come to be. 4. Flaked This show is completely underrated. With very short seasons, itâs quick to get through but keeps you completely enthralled the entire time. Is Chip misunderstood or just a real piece of work? Thatâs for you to decide. 5. Friends From College The characters from this hot new series are just a complete mess, but this is what makes this show a must-watch. Are these people even friends or do they actually all hate each other? With the poor choices they make, youâll be glad youâre not a part of this crew. 6. Ozark If you are a Jason Bateman fan, you need to watch Ozark. This dramatic series is full of suspense, drama, and crime. Working for a drug lord and uprooting his family (including his cheating spouse) to launder more money in a desperate attempt to stay alive, this series will keep you on the edge of your seat. 7. Riverdale Betty, Veronica, Jughead, and of course the beloved Archie are at the core of this new series which takes a modern twist on those classic Archie comic books. With a murder being the core focus of this series, characters will go through love, heartbreak, and betrayal, all while finding themselves. 8. Master of None Featuring comedian Aziz Ansari, this series is 2 seasons in and a total crowd-pleaser. The weird part about this series is that there isnât really a main focus to the show as a whole â" itâs just about a guy named Dev and how heâs navigating life, love, and a career. 9. Love This show is funny, relatable, and full of love â" and heartbreak, frustration, screaming matches⦠you know, usual stuff that happens in relationships. PSA: This show is absolutely addictive and will have you anxiously awaiting season 3 in no time. 10. Atypical This dramatic comedy is new to Netflix but is one that will likely become the next big hit. Itâs about a dysfunctional family that deals with the triumphs and tribulations of dating, education, and autism. As a student, taking time for yourself to kick back and relax is important, and these Netflix shows are sure to help make that easy. Did you accidentally binge-watch a full series this week and forget about a paper you have due tomorrow? No problem! Contact us for a free quote and let us lend a hand. References: Voorhis, G. V. (2016, May 25). Everything You Always Wondered About Netflix But They Refuse To Tell You. Retrieved August 21, 2017, from 3932999
Sunday, May 24, 2020
Telepresence is Finally Coming of Age Free Essay Example, 1000 words
Such an approach would better not just the outcome of an organization, but the welfare of its workers too. c. Secondary importance is the organizationââ¬â¢s ecological footprint. Evading essential travelling would be advantageous the environment. Flights will be the best method for this paper. Airplanes make up just 3.5% of the globeââ¬â¢s greenhouse gas emanations. At the same time, the number of people taking flights is rising by between 5 and 5% yearly (Shein 2010). Appling telepresence solutions for an organization can save an organization a significant amount of money if certain limitations like current travel rates are considered. The organization would first have to deal with some open costs, but these expenses are insignificant in comparison to the intangible merits of the aforementioned data. Question 2 There are many advantages for using telepresence in organizations. At the same time, there are certainly a number of measurable and non-measurable drawbacks to using the same innovations (Shein 2010). The most significant potential disadvantage to telepresence is losing the merits of physical communication. Organizations do not simply organize meetings between their employees and clients in remote locations, but for interpersonal communication with employees from another office too. We will write a custom essay sample on Telepresence is Finally Coming of Age or any topic specifically for you Only $17.96 $11.86/pageorder now Prior to the planned meetings, it is likely that the visitor will dine with coworkers, spend leisure time with them after work, and interact in the course of the day. This kind of interaction is referred to as ââ¬Å"outside hierarchyâ⬠and enables members of an organization to debate ideas easily (Shein 2010). These debates are crucial for organizational innovation as these easy dialogues can result in new projects. Another major disadvantage is complacency. Complacency occurs mostly because of telepresence. Since it is much simpler to have meetings with dissociated respondents, motive and tasks could be delayed for other meetings equally easily. By employees travelling to distance meetings, they get devoted to achieving the goal of these meetings (Shein 2010). Given that these problems could be handled effortlessly by following meeting protocols and excellent practices, this disadvantage does take place easily. As a result, this demerit affec ts output and disdains the expense of the telepresence meeting. This permanent meeting can be undervalued in contrast to temporary cost benefits, as defined by Amaraââ¬â¢s law (Shein 2010). Clearly, the abilities of the technology might form a realistic experience and question whether the experience contrasts in value to real human communication.
Wednesday, May 13, 2020
Should Animals Be Treated Right - 1767 Words
Year after year you see commercials and you see other things that will show you that animals are abused and that they need to be treated right and that they don t need to be harmed. While there is no thank you or any type of recall of what those animals go through before they come out looking so pretty and brand new. No one knows the struggle of pulling animals out of a rut and how much veterinarians do to turn those animals lives around and what they have to go through that other people don t even want to think of. Many of the people in society see animals as just another thing taking up space, then there are people that love animals, and then there are people that will fight for animals and most of those are the ones that you take your animal to for a check up. Veterinarians are the saviors and providers that we need for the little people in our lives, the skills needed, history, the animals, treatments, and different types of jobs. with all of that in thought you can see what they go through and what kind of qualification they have to make those doggies on the commercials look so pretty. Animals have been around for almost as long as life has been on this planet, with evolution and with survival of the fittest, those are the reasons for the animals we have now. But when we started needing food that is when it became relevant for us to start making it easier than hunting so we started trapping and farming. Then with farming came the reason for us to have defects orShow MoreRelatedThe Issue Of Human Beings1346 Words à |à 6 Pageshave their own rights. That means that all other beings, the marginal cases, are not granted that same privilege and are treated unequal. The marginal cases are essentially outcast from the moral community. 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A person would think that if they were to be innocently killed that they would want to be treated with respect and dignityRead MoreProtection Over Animals : Animal Abuse1510 Words à |à 7 PagesProtection Over Animals We should understand that animals have feelings and have a brain even though they do not have the same physical appearance as we do. I believe people that are caught committing the acts of abuse, the consequences of breaking the animal laws should be strongly enforced. In reality Iââ¬â¢m sure that I am not the only person who would love nothing than to help our loving animals to live a full and happy life. The reason for my paper is to reach out to people on how important animals are, justRead MoreAnimals Like Us By Jonathan Safran Foer1744 Words à |à 7 Pagesrelationship with non-human animals. This relationship has always benefitted the needs of humans, with little consideration for animalsââ¬â¢ needs. Some animals are tortured for entertainment, some are butchered for food and others are taken from their habitat and family, and forced to be pets for humans. These are all examples of the ways humans have exploited animals for their own satisfaction. Hal Herzogââ¬â¢s ess ay ââ¬Å"Animals Like Usâ⬠describes the complicated relationship that humans and animals have, and how difficultRead MoreAnimal Rights And The Right Action1305 Words à |à 6 Pages Billions of animals are killed by human beings each year. Most of these animals live in filthy, unfavorable conditions and undergo painful procedures before being slaughtered for food or other purposes. The way that these animals are treated would never be considered ethical when applied to humans, even though animals and humans have much in common. Humans should not kill or harm animals purposefully, just as they should not purposefully harm other humans. Based on the theory of utilitarianism-Read MoreShould Animals Be Treated Humanely?898 Words à |à 4 Pagestopic of animal rights, most of us will readily agree that animals should have the right to be treated fairly. Where as this agreement usually ends, however, is on the question of should animals be aloud rights. Whereas some are convinced that animals should have rights because of the cruel tests with cosmetics, others maintain that we should be aloud to do these tests on animals because some tests help people find cures and treatments for diseases. I agree that animals should be treated fairly, aRead MoreThe Horror that is Animal Testing 970 Words à |à 4 Pages When you go to your local pharmacy and pick up medicine, do you know what animals have gone through to get it on the shelves? It is something weââ¬â¢ll never have to imagine going through, so why should animals? Animal testing is not necessary. Animals simply donââ¬â¢t have a choice if they want to be experimentd on. What makes me angry, is there are alternative methods to testing, so animals donââ¬â¢t need to suffer. Animals have to endure terrible pain, fear, and loneliness, which is cruel and mean onRead MoreAnimal Testing Is Bad1374 Words à |à 6 PagesAGAINST ANIMAL TESTING! The question is not, Can they reason? nor, Can they talk? but rather, Can they suffer?à Did you know that over a hundred million animals get injured or die due to animal testing? But when you think about is it actually legal? So the thing is it doesnââ¬â¢t matter what we think because there are people who want themselves to live a better life then the animals and they do experimentation on the animals just so humans can live a better life. AndRead MoreThe Moral Equality Of Animals Vs Humans1428 Words à |à 6 PagesThe Moral Equality of Animals vs Humans The discretion between animal versus human equality has been a controversial subject for many years. Philosophers and activists have pushed this matter into debate among the general society in our culture. What exactly is moral equality for animals? Some say it is equal rights to animals, and others say it is equal consideration of the animal. To understand the scope of equality based on rights, one must unfold the determination of a right in itself. Carl Cohen
Wednesday, May 6, 2020
Dra Fast Ferment Free Essays
__________________________________________ MSING014 ââ¬â MSING014B ââ¬â MSINM014 DECISION RISK ANALYSIS ââ¬â 2011/2012 FINAL EXAM __________________________________________ The examination will last for TWO (2) hours. The exam is open book. You are allowed to use the course pack, class handouts and any other materials that relate to the course. We will write a custom essay sample on Dra Fast Ferment or any similar topic only for you Order Now You are not allowed to access the internet, or e-mail. The examination paper consists of 10 questions: You should answer ALL of the questions. Make explicit any assumptions underlying your answers, interpret your esults and justify your answers, conclusions and recommendations. But keep your answers short and to the point. In grading, importance will be attached to the clarity and conciseness of your answers. Good luck! DECISION RISK ANALYSIS: EXAM FastFerment FastFerment is a start-up venture started by UCL scientists and engineers. The firm has discovered an enzyme which accelerates the evolution of the mold Aspergillus Orgzae, which is used for making traditional rice-based alcoholic drinks (rice wines) in East Asia such as Sake or Makgeolli. W hen this powder is included in the production of the rice wines, the production lead time is shortened from 10 days to 3 days without affecting the taste or quality of the wine, as it accelerates the fermentation of the rice. Thus, the powder can substantially increase the production capacity for the rice-wine manufacturers and provide them with a competitive advantage. Recently, FastFerment has perfected the technology of genetically engineering and mass producing this accelerating enzyme and storing it in a powder form. They are currently formulating strategies to commercialize the powder by selling the powder to manufacturers. Currently, they estimate there are 156 rice wine manufacturers, but this could be as less as 140, as existing firms may no longer be active, and as many as 190, as there are recent new entrants to the market as the rice wines have become popular in recent years. Because the powder is new, they expect only a few early adopters would be interested in the product. The y expect between 5~10% of the firms to be their potential buyers, with no specific percentage being greater than the other. The price they would charge for 1 kg of the powder would depend on the cost of manufacturing the powder as well as the value it delivers to each manufacturer. After conducting initial market research, they expect an average manufacturer to be willing to pay as high as ? 950/kg, but as low as ? 400/kg depending on the initial negotiations. They expect the selling price to be ? 550/kg. Moreover, it is uncertain how much quantity each manufacturer would want to buy, which will depend on their current production capacity, but they are estimating anywhere between 100kg to 400kg per firm. The founders agree that they would need to hire professional sales people with the necessary knowledge of the science of the powder to help them sell to each manufacturer. They do not know how many will join, but they have made an offer to 6, and expect between 4 and 6 to join FastFerment, with each number being equally likely. The annual wage will be given in terms of salary (no commission), and it is expected to be ? 50,000, but it is negotiable between ? 45,000 and ? 75,000 depending on their qualifications and experience. FastFerment is also examining the cost associated with production. While they have perfected the technology to manufacture the powder, they currently do not have the manufacturing plant set up to accommodate the potential demand. Initial estimates show that the fixed cost associated with setting up a manufacturing plant is at least ? 300,000 and at most ? 600,000, with ? 500,000 being the most likely. The variable cost for producing 1kg of the powder is expected to be ? 200/kg, but this is also variable by 10% in either direction. Lowest Rice wine manufacturers 140 adopters (%) 5. 0% price/kg 400 Quantity of purchase (kg) 100 salesforce 4 Salary (? ) 45,000 Fixed cost of production (? 300,000 Variable cost per 1kg (? ) 180 ââ¬âTABLE 1ââ¬â Likely 156 -550 ââ¬â50,000 500,000 200 MSING014 ââ¬â MSING014B ââ¬â MSINM014 highest 190 10. 0% 950 400 6 75,000 600,000 220 DECISION RISK ANALYSIS: EXAM The objective of FastFerment is to maximize the annual profit, but it is unclear whether the firm would be profitable based on the numbers. Q uestion 1. Scenario Analysis Start @Risk for Excel and open the Excel spreadsheet ââ¬Å"FastFerment. â⬠Perform a scenario analysis for this venture, and determine the best-case and worst-case scenarios (do not use @Risk for this, just plug the numbers in the model and observe the results). What are your conclusions? The scenario analysis below shows that there is significant uncertainty in the profitability of this venture. The worst-case scenario shows a loss of ? 924,000, whereas the best-case scenario shows a potential profit of ? 5,372,000. So there is a substantial downside, but also a huge upside. AT this point, therefore, it is not recommended to make any decision, as it is yet unclear how the risks will affect th profitability of this venture. Rice wine manufacturers early adopters (%) price/kg Quantity of purchase (kg) salesforce Salary (? ) Fixed cost of production (? ) Variable cost per 1kg (? ) Annual profit (? ) Worst Case Scenario Best Case Scenario 140 190 5. 0% 10. 0% 400 950 100 400 6 4 75,000 45,000 600,000 300,000 220 180 -924,000 5,372,000 Question 2. Sensitivity Analysis Which is the biggest risk, (a) the variable cost/kg (b) the price/kg or (c) the % of early adopters? How did you determine this? Again, do not yet use @Risk. Setting as the base case 7. 5% for %-adopters, 250 to quantity of purchase, 5 as the number of salesforce, and the rest of the parameters to the most likely case, and we examine the potential impact of these three parameters. The price/kg is the biggest risk, with a potential impact of ? 1,608,750 when varied from 400 to 950 (-? 165,000 versus ? 1,443,750). The %-early adopters is the second biggest risk with a potential impact of ? 682,500 when varied from 5% to 10% (-? 67,500 versus ? 615,000). The variable cost/kg is the lowest risk with a potential impact of ? 117,000 when varied from 180 to 220 (? 215,250 versus ? 332,250). MSING014 ââ¬â MSING014B ââ¬â MSINM014 DECISION RISK ANALYSIS: EXAM Question 3. Simulation Analysis ââ¬â Distributions To perform a simulation analysis, we need to identify an appropriate distribution to model each of the risk factors. Determine an appropriate distribution and their parameters for each of the risk factors. Triangular distributions (with the lowest, likely and highest estimates as parameters) would work well for all risks except % of early adopters and quantity of purchase, which should be uniform (with the lowest and highest estimates as the parameters), and salesforce, which should be discrete with equal probability of 0. 33 to each three cases {4,5,6}. Question 4. Simulation Analysis ââ¬â Average Using @Risk, perform a simulation analysis, and determine the average profit for this venture. How high and low could the profit potentially be? Compare these results with the scenario analysis results. After performing 5000 iterations, the average profit is approximately ? 570,000. This means that if we were to run this business for many years, we would have an average annual profit of around ? 570,000 per year (provided the conditions do no change over time). MSING014 ââ¬â MSING014B ââ¬â MSINM014 DECISION RISK ANALYSIS: EXAM Question 5. Simulation Analysis ââ¬â VaR What is the likelihood that the profit is positive? What is the probability that the profit is ? 1. 5M or more? W hat is the Value-at-Risk (VaR)? There is about 80% chance of making a profit, and about 10% chance of making a profit that is ? 1. 5M or more. The VaR at 5% is around -? 300,000. Question 6. Simulation Analysis ââ¬â Tornado Diagram Examine the tornado diagram. What can you conclude? Suppose that increasing the number of sales people and their salaries increase the quantity of powder that each manufacturer buys. Would this be a good investment? The tornado diagram shows that the quantity of purchase and the price/kg are the biggest risk factors. The risks related to the cost of production of the powder or the number of salesforce and salary are actually not that significant. Increasing the salesforce and the salary in return for increase in the quantity of purchase therefore seems to be a good investment. MSING014 ââ¬â MSING014B ââ¬â MSINM014 DECISION RISK ANALYSIS: EXAM Five Grains is one of the leading manufacturers of rice wines. The CEO of Five Grains, a UCL alumnus, has learned about FastFermentââ¬â¢s powder through his personal networks, and immediately recognized the potential opportunity the powder can represent. According to Five Grainsââ¬â¢ recent internal consumer trend study, the demand for various specialty rice wines (using different variety of rice), which is currently negligible due to nonproduction, is expected to rise in the next several years. In particular, for the current year, they conjecture that with 50% the demand will be large (translating into a potential profit of ? 4. 5M), and with 50% it will be small (translating into a potential profit of ? . 5M). Although other firms are looking into producing the specialty rice wines, it is difficult for them to quickly do so as it requires building additional capacity, as most firms do not want to produce the specialty rice wines at the expense of sacrificing the traditional rice wine production. However, with access to the powder, firms can immediately free up their production capacity to mass produce the specialty rice-wines and capture its potential demand. Five Grains also recognized that the competitors also eventually receive information and gain access to the FastFermentââ¬â¢s powder. If this happens, Five Grains will have to share the demand with its competitors. Based on intuition, the CEO believes that there is 70% chance that more than 1 competing manufacturers will eventually adopt the powder and dive into the specialty rice-wine market. In such case, Five Grains will only capture 20% of the demand and hence earn 20% of the potential profit. On the other hand, there is a 20% chance that one competitor adopts the powder, in which case they will be able to capture 50% of the demand and hence earn 50% of the potential profit. He believes that there is only 10% chance that nobody else will MSING014 ââ¬â MSING014B ââ¬â MSINM014 DECISION RISK ANALYSIS: EXAM enter the market during the year, in which case they can capture 80% of the demand and 80% of the potential profit. To maximize their knowledge of the powder, Five Grains is currently negotiating a deal with FastFerment to ask for a 1-year exclusivity agreement. If the deal can be made, then Five Grains will be the only manufacturer with the access to the powder and be certain to capture 80% of demand (80% of profit). Question 7. Decision Analysis ââ¬â What to do? The meeting takes place and FastFerment asks Five Grains for ? 1. 5M for the 1-year exclusivity deal. Using a decision tree, find out whether or not Five Grains should agree to buy the 1-year exclusivity deal at ? 1. 5M. I would recommend Five Grains to not buy the one year exclusivity deal for ? 1. 5M, as the expected profit associated with not buying the deal (? 0. 8M) is greater than that with the deal (? 0. 5M). MSING014 ââ¬â MSING014B ââ¬â MSINM014 DECISION RISK ANALYSIS: EXAM Question 8. Decision Analysis ââ¬â Value? What is the maximum amount that Five Grains should pay for the 1-year exclusivity deal? The maximum amount that Five Grains should pay for the deal is ? 1. 2M, as it is the price when the expected profits are the same when buying and not buying. Question 9. Decision Analysis ââ¬â Risk/Sensitivity Examine the risk profile for Five Grains with and without the 1-year exclusivity deal at ? 1. 5M. If the demand turns out to be large, what is the (expected) profit with and without the 1 -year exclusivity deal? What if the demand turns out to be small? How does the value of 1-year exclusivity deal change with respect to the probability that the demand is large? If the demand turns out to be large, then with the 1-year exclusivity deal, Five Grains will earn ? 2. 1M, whereas without it they will earn ? 1. 44M on average with the risk of earning less than ? 1M. However, if the demand turns out to be small, then Five Grains will lose ? 1. 1M, whereas without it they will earn ? 0. 16M. Thus, while there is higher upside with the 1-year exclusivity deal, it also represents a greater downside risk. MSING014 ââ¬â MSING014B ââ¬â MSINM014 DECISION RISK ANALYSIS: EXAM When the probability that the demand is high increases by 1%, there is a ? 12,800 increase in the expected profit. MSING014 ââ¬â MSING014B ââ¬â MSINM014 DECISION RISK ANALYSIS: EXAM Question 10. Decision Analysis ââ¬â A year later The deal for the 1-year exclusivity had been signed for ? 1M, and the demand for the specialty rice wines had turned out to be high. After a new study, Five Grains now projects that the demand for the variety wine will be large with probability 90% (translating into a potential profit of ? 9M), and small with probability 10% (translating into a profit of ? 1M). Moreover, the CEO feels that there is a 95% chance that more than one competitor will adopt the powder, which would allow them to earn 20% of the potential profit, and there is a 5% chance that only 1 firm will adopt , which would allow them to earn 50% of the potential profit. He believes that there is 0% that no firm adopts the powder this year, unless Five Grain brokers a 1-year exclusivity deal again with FastFerment, in which case they will earn 80% of the potential profit. (i) W hat is the value of 1-year exclusivity for this year for Five Grains? Call this VFG. Five Grains contacts FastFerment and offers to pay (0. * VFG) for a 1-year exclusivity deal, citing the fact that it represents a steep increase from the ? 1M paid in the previous year. (ii) From FastFermentââ¬â¢s point of view, they believe that the adoption rate of the powder has now increased and expects between 50~60% of the manufacturers to become their potential buyers. Taking the rest of the parameters from th e previous year as a conservative estimate of the current year (change all the parameters in Table 1, except the % -adopters), what is the minimum amount that FastFerment should demand from Five Grains this year for the 1-year exclusivity deal? Run the simulation analysis using @Risk and find the expected profit with the high adoption rate. W ill the deal go through? From the Decision Tree, we find that the value is approximately ? 4. 8M. MSING014 ââ¬â MSING014B ââ¬â MSINM014 DECISION RISK ANALYSIS: EXAM We find that with the adoption rate between 50~60%, the expected profit is around ? 8. 9M, and there is 10% chance that FastFerment will make ? 15M or more. The deal wonââ¬â¢t go through this time as the 1-year exclusivity deal would need to be prohibitively expensive for Five Grains. MSING014 ââ¬â MSING014B ââ¬â MSINM014 How to cite Dra Fast Ferment, Essay examples
Tuesday, May 5, 2020
Protecting Policy Space Agreements
Question: Discuss about the Protecting Policy Space Agreements Management. Answer: Introduction The health policies in food claims will help take decisions and plans in order to reduce the risk for a disease which is affected by total diet and lifestyle pattern use of the individual food. It will require the proper advertising and labeling of the food to prevent the etiology and the progression of the food associated chronic diseases. With the help of leadership of WHO policy statement, they will able to provide the most effective approach in the public health services. The first policy of the Public Health Association of Australia resolves by undertaking the following actions management. They are well established to advocate the people by promoting the equitable food claims. They try to reduce the risks in food by marking the claims of the food. They make the anticipation of marking the best quality food and try to influence the behavior of the consumers in order to make them aware of the usefulness and the bad affects of the food that they are consuming. The main weakness of this policy is that it currently does not provide guidance as to the roles of the claims of food in provision (Sallis, Owen, and Fisher 2015). They also do not encourage the education regarding the public health nutrition issues. Public also debate the food labels and the standard of the foods they refer. Thus most of the regulations are not well funded. The main strength of this policy is that the outcome of the policy will be further monitored and evaluated by The Food and N utrition Special Group. The information will be well updated on the basis of the health claims and health impacts. They will also try to permit the warning labels that link the individual foods that are associated with the disease outcome. The second policy is related to the statement of WHO that addresses the food claim policies will follow the global strategy diet and physical activity policy. The strategies here are based on the available research on the food that is associated with the major cause of the non-communicable diseases. The strategies are based on the politics factors. They will enforce the role of the government which is crucial in achieving in any change of the public health (Knai, et al 2015). WHO public health strategies mainly target the governments of the country to encourage and build structures to address the problems associated with the aspects of diet, nutrition, and physical activity. They will also encourage the respective ministers to imply laws based on the food claims. The governments are required to label the nutritional values with respect to the codex guidelines on Nutritional labeling. The consumer's interest in health will grow, WHO thus adopts a national and political based policy st atement to increase the attention of the consumers. As mentioned in the health claim statement, such a statement must not be misled. One of the major weaknesses of the statement is that it does not encourage the research to be carried on improving the health policies A policy which is similar with the PHAA is the Public health and nutrition policy which is related to the Australian liberal. The document of the policy mamagement suggests that the food manifestation in quality is the most important in maintaining the health safety (Perkins et al 2015). The issue that is addressed with this policy is that there is a global market which is controlled by the small number of companies that delivers cheap food to the country. Most of the foods that are sold lack the nutritional values and have lead to the leading cause of the consequences like diabetes, coronary heart disease, and other food-related diseases. This policy will help argue and approach the public health nutrition in food through the medium of public health promotion. This policy will aim to address wider issues of who controls the food supply. They will thus fulfill the quality control and quality assurance of the food that is consumed (Brownson et al 2017). Since the developed world is experiencing the nutrition based diseases like obesity and type 2 diabetes. All of these are mainly associated with the diet, food, and lifestyle., The nutrition transition is related to the urbanization. There is food globalization that will include the free trade liberalization. It also possesses the cultural and ideological aspects. In Australia, most of the adults and children are being affected by the poor nutrition diets. This policy will kill the emergence of the food deserts. It will label the best quality nutritious food and that too must reach all the people. It can reach all the people by making use of the policy that will provide affordable food. The neo-liberal policy of Australia will help the globalization of the nutritious food in the competitive international world. This policy will help in fiddling and fix the ingredients of the processed foods. Thus health claims will require a draft of the new legislation that will be regulating the fo od industry. These are the major strengths of the policy (Zipf et al 2013). However, the weaknesses as stated includes that it has no provision for research on the quality of food. It does not seek any social infrastructure that will be conducive to healthy decisions about food. The differences in the policies with regards to the influential forces, principles and strategies It is known that PHAA provides a forum of discussion for the public health in Australia. It tries to influence the behavioral aspects of the people which is mostly required in the implication of any policy. The influencing strategy that they follow is the publication of the reports like the preliminary assessment report and other journals they publish will influence and change the behavior towards the food they consume. The journals and reports will be giving the regulations on labeling foods and all the health related claims. The global strategy adopted by WHO that influences the people is by providing a very strong claim of the foods. To increase the interest and trap the attention of the consumers they follow a very comprehensive strategy based on Codex guidelines of the nutritional labeling. They promote the health related messages by ensuring the safety and the nutritional values and needs of the food. The government is encouraged to facilitate the adoption of the agricultural policies with the national food policies. They very well state the sustainability of the claim of the nutritional values of the foods that the person will be consuming. They also encourage for the promotion of the food products. Thus with their statements, they have also increased the interest of some governments to take active steps in increasing the health claims (Watts et al 2015). For public health and nutrition policy, they make promotions and ensure people of the growing risk with the wrong consumption of food and diet. They also highlight the leading cause of the globalization diseases lies Type 2 diabetes and enforce the governments to make promotions on the right nutrition food that is to be used (Bombak 2014.). They also claim for the sale of high quality food. This will capture the attention of the people (Tulchinsky and Varavikova 2014). Relationship between the political ideology, social determinants and strategies in each public health policies The main political ideology followed by the Public health Association of Australia is that it is a government policy management that will provide the roles and the education to promote public health. PHAA is not free of equity. It has been found that PHAA does not reach or followed by all the sections of people. It has been found that the Aboriginal and the islanders are mostly deprived. WHO provides a global strategy for the health policies, however, the government in many cases may be following the social determinant rules and might not develop plans that will reach equally to people. In the neoliberal policy of Australia, Public health and nutrition policy very rarely it abides the rules of equity (Brownson et al 2017). They follow a politically neutral intervention in the policy analysis. They rely on the implicit linear model of political ideology in the policy outcome for the health benefit. Conclusion The policy statements will be adopted in such a way that it will have a huge outcome on the change in the consumers behavior. The success of the policies is measured with the magnitude of the indicators like change. They will impact through the changes in awareness, knowledge, and skills. They must not only impact any individual only but also the entire community capacity. Thus the policy will improve and prevent the diseases due to food. References Bombak, A., 2014. Obesity, health at every size, and public health policy.American Journal of Public Health (ajph). Brownson, R.C., Baker, E.A., Deshpande, A.D. and Gillespie, K.N., 2017.Evidence-based public health. Oxford University Press. Knai, C., Petticrew, M., Durand, M.A., Eastmure, E., James, L., Mehrotra, A., Scott, C. and Mays, N., 2015. Has a publicprivate partnership resulted in action on healthier diets in England? An analysis of the Public Health Responsibility Deal food pledges.Food Policy,54, pp.1-10. Perkins, G.D., Jacobs, I.G., Nadkarni, V.M., Berg, R.A., Bhanji, F., Biarent, D., Bossaert, L.L., Brett, S.J., Chamberlain, D., de Caen, A.R. and Deakin, C.D., 2015. Cardiac arrest and cardiopulmonary resuscitation outcome reports: update of the utstein resuscitation registry templates for out-of-hospital cardiac arrest: a statement for healthcare professionals from a task force of the International Liaison Committee on Resuscitation (American Heart Association, European Resuscitation Council, Australian and New Zealand Council on Resuscitation, Heart and Stroke Foundation of Canada, InterAmerican Heart Foundation, Resuscitation Council of Southern Africa ....Resuscitation,96, pp.328-340. Sallis, J.F., Owen, N. and Fisher, E., 2015. Ecological models of health behavior.Health behavior: theory, research, and practice. 5th ed. San Francisco: Jossey-Bass, pp.43-64. Thow, A.M. and McGrady, B., 2014. Protecting policy space for public health nutrition in an era of international investment agreements.Bulletin of the World Health Organization,92(2), pp.139-145. Tulchinsky, T.H. and Varavikova, E.A., 2014.The new public health. Academic Press. Watts, N., Adger, W.N., Agnolucci, P., Blackstock, J., Byass, P., Cai, W., Chaytor, S., Colbourn, T., Collins, M., Cooper, A. and Cox, P.M., 2015. Health and climate change: policy responses to protect public health.The Lancet,386(10006), pp.1861-1914. Zipf, G., Chiappa, M., Porter, K.S., Ostchega, Y., Lewis, B.G. and Dostal, J., 2013. Health and nutrition examination survey plan and operations, 1999-2010.
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