Human Resource Managers in a Multinational Company Essay

1. ‘To what extent are human resource managers in a multinational company restricted by cultural and institutional factors in implementing policies and practices across their subsidiaries? Discuss your answer giving examples.’ In the face of globalization, organisations struggle to develop the human resource management strategy (HRMS) between global integration and local differentiation. This is regarded as a critical concern for multinational enterprises (MNEs) since they suffer from cultural and institutional differences to integrate HRM practices and shape HRM activities to operate abroad. Regarding that, each cultural and institutional factors are developed over its history with unique insight into managing the organisation, the appropriate HRM practice would vary. The differentiation in national culture and institution call the different management practices that need to be concerned significantly especially for multinational companies’ managers. Researchers highlight the congruence between these factors and HR practice for higher organsational performance. When the HRM practice fits with the basic value shared by employees, the job satisfaction, employee motivation and commitment will be attained. This comes with the implication that cultural and institutional factors are pivotal in shaping the decisions and policies of managers of organisations. In this essay, it will explain what is the institutional and cultural factor with theoretical approach. After that it will suggest implications of institutional and cultural perspective for International Human Resource Management to answer how these factors influence in implementing management policies and practices. According to Hofstede (1991), Culture refers to the â€Å"shared sets of beliefs, values and norms† that is programmed into an actor’s mind. It is regarded as the psychological ‘software’ and sets of informal rule, while institution is more ‘hardware’ of modified and negotiated legal systems that actors follow. The institutionalism emphasises the legitimacy, which organsations struggle to acquiring and maintaining in relation to the environment. One of the new institutionalist theories, the ‘Variety of capitalism’, treats the corporation as a relationships network that locates organisation in its  stakeholders with employees and with competitors. The approach highlights the importance of institutional complementarities that argue the success of an organisation depending on the capability to coordinate effectively. The theory draws two types of political and economic structures across nations. One is the liberal market economic orientation (LME) and the other is the coordinated market economic orientation (CME). Companies in some North-Western European countries including Germany and Switzerland with CMEs tend to have highly structured arrangements in labour market that form strong trade union. Banks in these countries are highly coordinated with firms and have long-term capital. In contrast, there are loose hire and fire labour market regulations and dispersed international investors in the U.K and U.S.A where classified as LMEs. The source of finance in these countries is the stock market, with the clear difference. The figure1 demonstrates that corporations in these different types of systems do not operate in the same market. Figure 1. Institutions across sub-spheres of the political economy Source: Hall and Soskice, (2001) It shows the positions of OCED countries that describe institutional character in the financial and labour market. The higher development in a stock market implies higher dependency on market coordination with emphasis on financial criteria, whereas a higher degree of protection for employees is likely to rely more on non-market criteria. The flexible labour market in LMEs is suitable to easy access to stock market capital. Due to the competitive market conditions, firms in LME markets highly emphasise the financial performance rather than long-term strategies. Nervous investors such as those from the hedge fund tend to hesitate to investing in companies with long-term and uncertain employee training that ties capital in workers’ skills. Conversely, long-term employment arrangement and long-term capital remain in the essence of CMEs. The institutional considerations lead to different types of organisational behavior and investment patterns that shape different HRM policies and practices. Firms in LMEs emphasise short-term competition that likely treat  employees as disposable resources. Employees’ performances are appraised individually with a financial incentive system so managers are empowered to control HRM with considerable autonomy. Investments in employee training and development are classified as ‘overhead.’ `In contrast, HRM polices in CMEs regard employees as valuable assets for sustaining a competitive advantage thus tend to make a greater effort in investments in product innovation and employee development encouraging employment stability. In the system, the higher degrees of job security and work force commitment are derived, since its employment regulation and laws are protected from strong trade union and government. Moreover, different business systems across nations also significantly impact HRM issues. The issues including working hours, scheme of performance appraisal and job contract are highly influenced by local institutional arrangement. The MNCs in Japan prioritize work organisation, which contains quality oriented and flexible practice, and their HR practices are adopted to be suitable with this approach. Likewise, German MNCs, where short run financial ratio is not a greater concern, rely more on long term strategies that highly regulate the hours of work and worker participation. In this regard, the ability of MNCs to fit various institutional arrangements with the local environment is essential to have an advantage in global operations. The evidence from the survey conducted by Guest and Hoque (1996) show that MNCs in Germany do not implement their ‘best practices’ into subsidiaries in the U.K. such as long-term employment plans, union perception and employee training. Another crucial factor managers from MNCs should consider for effective HRM is culture. It is assumed as ‘the major source of differentiation’ in managerial behavior among different nations. One of the most widely cited approaches to culture, Hofstede’s study (1980), classifies four cultural dimensions based on the survey data from 116,000 IBM employees. The study suggests possible origin and consequence for managerial behavior in different dimension contexts. Power distance reflects the dependent relationship between superior and subordinate. Companies in high power distance subordinate have high dependence to superior with greater reverence through the hierarchical structure. Uncertainty avoidance measures different degrees of preparation for future risk and ambiguity. In risk adverse  organisations, rule making and bureaucracy are placed to deal with possibilities of risk and members prefer to behave what they are expected. Individualism versus collectivism dimension reveals the different level of desire to feeling that they belong with a group. At last, masculinity versus femininity dimension presents different values that masculine and feminine society prefer differently. Highly masculine societies have a higher tendency to be competitive since high earning and challenging careers are important values for employees. In societies with femininity tendencies, values related to satisfaction, security and cooperation are emphasised. The study highlights the importance of culture to coordinate different managerial behavior for international businesses. Another cross-cultural approach, Hall’s study (1976) classifies cultures into low and high context cultures, each with distinct demands and preferences. The culture characterizes the nature of human relationship, communication and authority. For example, the line of distinction between high and low context cultural communication has been particularly documented. According to Hall and Hall (1990), in high context communication, speakers tend to utilize relative indirect style of communication. On the other hand, in low context communication, speakers often employ more or less direct communication style. Clearly, these communication dimensions area is an overlap of the individualism-collectivism from Hofstede’s study. Collectivist societies often concern about minimizing the chances of hurting other parties. These groups emphasise the value conformity and traditions. It is for this reason that they prefer to use high context communication. The team members of collectivists often prefer communicating directly with their leaders. They are often concerned about avoiding responses that are negative, a move that is aimed at maintaining harmony. Any form of communication is aimed at fostering interpersonal communication. The tendency is reversed in individualist societies where each member pays more attention to personal goals and interests. The different communication styles and human relationships naturally relate to the different preferences of organisational structure that shape the HRM practices and policies. The culture influences multiple aspects of HRM, thus it is likely to be  effective when HR practice and policy fit with the culture. In regard to recruitment, collectivistic cultures prefer network based recruitment method like employee referrals. The method is supposed to enhance employee commitment and loyalty that strengthens the social network. Since collectivism highlights cooperation rather than individual achievement, it more considers candidates’ ascribed statuses more than personal skills and knowledge. Conversely, employers in an individualistic organisation select candidates based on necessary abilities through highly structured methods such as bureaucratic interviews. Similarly, the organisation with high uncertainty avoidance index prefers open recruitment with the use of more structured selection method as it is highly correlated with formalisation. In terms of performance appraisal, individualised appraisal and rewards are highly correlated with individualism and lower degree of uncertainty avoidance. Regarding that various reward practices based on individual performance would result in uncertainty it is less likely to emerge in risk adverse society. The incentive scheme may also not be needed in high power distance cultures since subordinates are more likely to be motivated by superiors’ direction. The merit-based selection and promotion, which consider individual performance and contribution to the organisation is related to individualism and low level of power distance. It is opposed to the value from collectivism and femininity that emphasise group harmony and cooperation. In conclusion, institution and culture significantly influence in managerial behavior. It is needed to take institutional and cultural factors into consideration in shaping and adopting management policies and practices. Cultural and institutional factors are so varied that they integrate all the factors oriented towards social and ethical responsibilities, which is a major focus for contemporary organisations. Cultural values demands that decision and policies that managers make reflect the interests of the society, including those of the institutions. Since the inappropriate management concept may trigger misunderstanding and conflict among subsidiaries it is vital for effective management. Clearly, Institutional and cultural researches contribute to analysing and understanding various manifestations of HR across a border. However, managers should take careful  consideration before implementing specific HR practices or policies to prevent overly deterministic connection from the theoretical context. In order to achieve successful performance, MNCs have to adjust and moderate management practice in accordance with the local environment. The differences in a business system, local environment and culture between home and host countries are the significant determinants for both evolutions. References: [1] Aycan, Z. (2005), ‘The interplay between cultural and institutional/structural contingencies in human resource management practices’, International Journal of Human Resource Management, 16(7), pp. 1083-1119. [2] Earley, P.C. (1994), ‘Self or group? Cultural effects of training on self-efficacy and Performance’, Administrative Science Quarterly, 39(1), pp. 89-117. [3] Gomez-Mejia, L.Y & Welbourne, T. (1991), ‘Compensation strategies in a global context’, Human Resource Planning, 14. pp. 29-42 [4] Guest. D. & Hoque, K. (1996) ‘National Ownership and HR Practices in UK Greenfield Sites’, Human Resource Management Journal, 6(4), pp. 50-74. [5] Hall, E.T. (1976), Beyond culture, New York: Anchor Books [6] Hall, E.T. & Hall, M.R. (1990) ‘Understanding Cultural Differences’, Yarmouth, MA: Intercultural Press. [7] Hall, P.A. & Soskice, D. (2001) ‘An introduction to varieties of capitalism’ in Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, Oxford: Oxford University Press [8] Hofstede, G. (1980), Culture’s Consequences: International Differences in Work-related Values, California: Sage Publications [9] Hofstede, G. (1991), Cultures and Organizations: Software of the Mind, Berkshire: McGraw-Hill [10] Tsui, A.S., Nifadkar, S.S. & Ou, A.Y. (2007) ‘Cross-national, cross-cultural organizational behaviour research: Advances, gaps and recommendations’, Journal of Management, 33 (3), pp. 426–478. ——————————————– [ 1 ]. Earley, P.C. (1994), ‘Self or group? Cultural effects of training on self-efficacy and Performance’, Administrative Science Quarterly, 39(1), 89-117 [ 2 ]. Hall, P.A. & Soskice, D. (2001) ‘An introduction to varieties of capitalism’ in Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, Oxford: Oxford University Press, Page 1. [ 3 ]. Hall, P.A. & Soskice, D. (2001) ‘An introduction to varieties of capitalism’ in Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, Oxford: Oxford University Press, Page 4. [ 4 ]. Tsui, A.S., Nifadkar, S.S. & Ou, A.Y. (2007) ‘Cross-national, cross-cultural organizational behavior research: Advances, gaps and recommendations’, Journal of Management, 33 (3), pp. 426–478. [ 5 ]. Aycan, Z. (2005), ‘The interplay between cultural and institutional/structural contingencies in human resource management practices’, Internationa l Journal of Human Resource Management, 16(7), pp. 1083-1119. [ 6 ]. Gomez-Mejia, L.Y & Welbourne, T. (1991), ‘Compensation strategies in a global context’, Human Resource Planning, 14. pp. 29-42

Operations management case study Essay

Introduction Some of the most essential factors that can be used in the management of customers include order winning and order qualifying factors. Notably, these factors are very essential in ensuring that businesses carry out their activities in the most efficient ways. It is quite imperative for various organisations to understand the distinct aspects related to order winning and order qualifying factors in order to ascertain progress in meeting organisational goals and objectives. Admittedly, order winning aspects are the things that can directly be attributed to the success of a business. On the other hand, order qualifying factors are those that are considered as factors responsible for average level of highly competitive performance that can be accepted among customers. This section seeks to discuss the order winning factors and how they can be applied in small car business. Order winning factors include strategies that are used by companies in enabling internal operational aspects in orde r to create competitive advantage and achieve market success. In fact, order winning factors have to involve a combination and co-ordination of marketing and operation based activities. In fact, operation managers are the ones who are often responsible for ensuring that order winning and order qualifying aspects are introduced in order to enable orders win and acquire a larger market share in a specific market. For the case of small cars, it is quite important for marketers to ensure that they identify the demands by customers and work towards meeting their demands. An order winning factor would give the customers the reasons why they should purchase the cars and ensure that they get the value for their money. For a small car, the order winning factors would be elements such as performance, effectiveness of the design, availability, attractiveness, price, among other factors. In order to ensure that the customers purchase a product such as a small car, the marketers have to ensure that the factors are in line with the customer’s needs and wants. As  a matter of fact, the small cars have to be designed in a manner that would give customer value attributes to the customer and satisfy their needs. For instance, a small expensive car might be bought as a result of the prestige that comes with owning such a car. As a result, the customer’s social class might also be a great factor that makes a small car to be the winning order for them. The design process qualifying factors products have to meet the minimum standards in order to make the customers purchase the product. Process design diagram In the company Action Response, there are a number of wastes that have been identifies to be affecting the operations of the charity firm. Notably, there are a number of protocols that have to be followed in the company hence making the process of activities in the organisation to be longer than usual. One of the major factors that lead to wastage with ARAPU processes include wait time. In as much as the company receives overwhelming number of applications per day, it is quite critical for the company to ensure that wait time is reduced so as to provide adequate time for other activities such as processing of funds and creation of more opportunities to the company’s clients. The time spent waiting for the company’s response should be significantly reduced so as to ensure that the company works within the available time frame to take care of all its operations. Another factor that wastes time in a number of organisations is the processes. The use of a standard form in application of aid by either the potential aid recipients or their intermediary charities has made the application process take much longer than expected. As a result, there is wastage of resources in printing of forms that could rather be filled online using log in details given to every potential recipient and their intermediaries. With an IT system that is well-equipped, the company can work towards ensuring that it achieves its goals faster than normal through its IT experts. Sending applications through posts and fax takes longer time and makes the company handle bulky papers that could otherwise be turned into other uses. By employing several staff members with different roles, the company is overspending on labour. Alternatively, the company could employ qualified technology experts so that all the activities such as coding, filling, and data entry are done at a central place. In order to save time and avoid wastage of resources, the  company should ensure it works towards using the Deming process improvement cycle in order to achieve its goals. Evidently, using the cycle would involve the process of: Plan-under this section, the company should come up with the best plans that it can use to meet the demands of its potential aid recipients. This could be done by seeking more funds and ensuring that it carries out effective planning that would see the use of the funds done in an organised manner. The planning process would also involve coming up with goals and objectives that would be very crucial in creating efficiency within the organisation. Do- This stage involves implementation of all the ideas that ARAPU had noted in the planning stage. In fact, this is where much work lies as the company would process a number of aid applications as per the case study. Study- Under this stage, the organisation would ensure that it monitors the various outcomes that it got from the last two processes. It will also help in identification of problems and evaluation of the organisational success. Act- This step closes the cycle and mainly involves integrating any factor noticed in the entire process. The step also involves coming up with actions that could be used in ensuring adjustments are made to the goals. It might also involve reformulation of the organisational strategies so as to bring more donors on board. In order to gain the best results, the process should be repeated over and over again.

What Does it Cost to Attend Haverford College?

Figuring out how much college costs is trickier than one might think. While running a simple search on a college’s list price is a good jumping off point, it doesn’t actually paint an accurate picture of the price most families will end up paying for at any given college. In fact, few attendees end up paying the majority of a college’s list price, let alone the full amount. So, what you want to look at instead is net cost: what do most families pay out of pocket, loans included? Net cost also takes into account federal/state/local government aid, institutional financial aid, and merit scholarships, subtracting these from the total amount. But how do these numbers look for Haverford, a small liberal arts college in Haverford, Pennsylvania? If you’re looking for a better sense of how the list price and net cost compare to the actual price tag on Haverford, read on! Because Haverford is a private college, it offers the same list price—or cost of tuition, housing, and accommodations combined—regardless of whether a student is in-state or out-of-state. While that means hailing from Pennsylvania won’t cut you a break on the bottom line, it is one less factor to have to consider. So, what is Haverford’s list price and who pays it? From 2016 to 2017, Haverford published a steep $69,387 as its full price. However, this price generally only applies to families with an income exceeding $175,000 per year. If your family is not in the category described above, it is highly unlikely that you’ll end up paying the list price. In this case, the most important factor in your child’s price tag is going to be financial aid. This is reflected in a college’s average net price, or the list price minus the average financial aid award. In the case of Haverford, the average net price of students receiving financial aid is $57,979. While this is already a narrower estimate of price, the average net price is still not entirely accurate. To give you a better idea of what price to expect, we’ve broken the average net price down by income bracket. *Haverford actually offers more aid on average to students in the $48-75k range than in the $30-48K range. Unfortunately, Haverford does not offer merit aid to students without demonstrated financial need. Haverford is a very small, selective school, so attendees should not expect to receive merit awards when granted admission. Given the rarity of merit awards, Haverford ranks 939th in a pool of over 1,000 schools we ranked for merit aid generosity. Paying for college can be a confusing and challenging road to navigate. We help families understand how to maximize financial aid and calculate the return on their college investment. If you feel that scholarships and financial aid will not be enough to meet your student’s price tag, another popular option for college students is to take out loans. In fact, 64% of Haverford students decide to take out loans for an average federal credit of $2,557 per undergraduate. Haverford, Pennsylvania, ranking as one of Pennsylvania’s top 10 small cities, is by all accounts a wonderful suburb in which to go to college. That being said, this location comes at a price. Haverford’s cost of living index almost double that of Pennsylvania or the U.S. as a whole at 192.6. The bulk of this can be credited to the area’s housing prices, which get an individual index of 386.7, 4.5 times higher than Pennsylvania’s average. As an example, a one-bedroom rental off-campus can run about $1,300 or more, although most students opt to stay on campus for all four years. While students should not bank on making more than minimum wage, Haverford’s average wage may help to offset some of the cost of living. With a mean hourly wage of $23.44, Haverford exceeds Pennsylvania’s $7.25 minimum wage by a long shot. Ultimately, going to college is an investment in your child’s future. In the case of Haverford College, this investment tends to pay off, a prospect that mitigates the relatively higher rates. 90% of Haverford undergraduate will graduate the college within six years, as compared to a national average of 60%. Ten years down the line, salary prospects are a projected $60,700, $10,000 higher than the national average. If you’re still looking for ways to save on your child’s education, you may want to look into scholarships. Scholarships come in a range of sizes, from covering the price of a few textbooks to handling the full cost of tuition. They are also offered for a variety of topics and with applications that vary widely in difficulty. Some tend to be very competitive, so we recommend having your student apply to as many as possible to bolster their chances. It is also important to familiarize yourself with Haverford’s policy on outside aid. For example, it may be used to offset the external funding component of financial aid. To read more about Haverford’s unique policies, read their page on outside aid . Are you looking for more personal financial aid advice? The Applications Program specializes in helping families through the process of college admissions, including what they can expect to pay for college and how to meet this price tag. Call today or read more about our program here .

Conduct a literature review of studies to analyse the basis of human Assignment

Conduct a literature review of studies to analyse the basis of human sexual orientation - Assignment Example ave given sufficient explanations to the prevailing male and female characteristics, people still need to be made aware of their particular sexual orientation and how this information can enhance their functioning in life (Weiss, 2007; Weiner, 2004). Sexual orientation can be defined as the lasting personality that enables people to incline to their feelings of romance or sexual appeal to other people of the matching sex, gender, or both (Scherer, 2013; Hopkin, 2004). The romantic or sexual feelings that are subsumed by these people can be classified as being heterosexual, homosexual or bisexual (Biegel, 2010). However, it is important to understand that there are people who do not experience sexual feelings or attractions to people of the opposite sex, these people are said to be asexual. The above-listed categories, including asexual orientation, are part of the wider concept relating to sexual identity in human beings. In reference to APA, sexual orientation can be described as an individual’s judgment of his identity, which is determined by the attractions, other related behaviors as well as being a member in a group of people that share similar attractions. This is a different term that is said to overlap largely with the concept of sexual orientation. An individual that is said to identify himself as being bisexual distinguishes himself from another person simply by the fact that he had made a choice. For instance, a person that is bisexual may have preference for certain sex in place of another and go ahead to fulfill his â€Å"desire,† in this case, the main determining factor in sexual preference is the element of choice. Scientists, in their numerous researches, have failed to give any conclusive evidence about why and how one exhibits certain sexual orientations compared to another. However, several theories that have been grounded on biological research reports explain that sexual orientation is largely influenced by genetic factors. At the

How much volatility is the Saudi Arabian petrochemical industry Dissertation

How much volatility is the Saudi Arabian petrochemical industry exposed to - Dissertation Example Comparison between markets Returns and Stock Returns of Advanced Petrochemical Company 40 4.1.2 Alujain Corporation 40 Chart 2. Comparison between Market Returns and Stock Returns of Alujain Petrochemicals 41 4.1.3 Methanol Chemicals Limited 41 Chart 3. Comparison between Market Returns and Stock Returns of Methanol Chemical Company 42 4.1.4 Nama Chemicals Company 43 Chart 4. Comparison between Stock Returns of Nama Chemicals Company and Market Returns 43 4.1.5 National Industrialization Company 44 Chart 5. Comparison between Stock Returns of National Industrialization Company and Market Returns 44 4.1.6 National Petrochemical Company 45 Chart 6. Comparison between Stock Returns of National Petrochemical Company and Market Returns 45 4.1.7 Rabigh Refining and Petrochemicals Company 46 Chart 7. Comparison between Stock Returns of Rabigh Refining and Petrochemical Company and Market Returns 46 4.1.8 Sahara Petrochemicals 47 Chart 8. Comparison between Market Returns and Stock Return of Sahara Petrochemical Company 48 4.1.9 Saudi Arabia Fertilizers Company 48 Chart 9. Comparison between Market Returns and Stock Return of Saudi Arabia Fertilizers Company 49 4.1.10 Saudi Basic Industries Corporation 49 Chart 10. Comparison between Market Returns and Stock Return of Saudi Basic Industries Corporation 50 4.1.11 Saudi Industrial Investment Group 50 Chart 11. Comparison between Market Returns and Stock Return of Saudi Industrial Investment Group 51 4.1.12 Saudi International Petrochemical Company 52 Chart 12. Comparison between Market Returns and Stock Return of Saudi International Petrochemical Company 52 4.1.13 Saudi Kayan Petrochemical Company 53 Chart 13. Comparison between Market Returns and Stock Return of Saudi Kayan Petrochemical Company 53 4.1.14 Arabian... Saudi Arabia is intrinsically dependent upon petroleum and petrochemical industry for its revenues and income. The nation’s huge oil reserves have assisted it in getting developed as one of the largest producers and exporters of petroleum and petrochemical goods. Precisely, the nation accounts for 20 percent of global petroleum reserves in the world and exports US$ 157.41 billion worth of the fuel. Importance of the sector behind the development of the nation could be well perceived from the fact that it contributes around 75 percent to government budget, 45 percent to the GDP and constitutes of 90 percent of Saudi Arabia’s export earnings (Organisation of the Petroleum Exporting Countries, 2009). This high degree of dependence of Saudi Arabia upon its oil reserves bore fruit to the nation during the Arab-Israeli war of 1973 which increased oil prices to a peak thus facilitating the process in which Saudi Arabia became one of the fastest growing economies in the world ( U.S. Department of State, 2011). Such instances had been common for Saudi Arabia as it had been for other oil producing nations in the world. However, oil prices are susceptible to high degrees of fluctuations, which is the reason why it is important to assess the extent of volatility that the industry is exposed to.

Humanitarian Assistance in War Zones Research Paper

Humanitarian Assistance in War Zones - Research Paper Example As the essay stresses the humanitarian aid agencies are primarily concerned with developmental efforts focused on uplifting the displaced civilians, and helping in preventing the further spread of the conflict, in a bid to protect the loss / damage to the general public. Humanitarian aid, thus aims to rehabilitate the displaced in war torn regions, through provision of basic facilities.This paper highlights that the term developmental assistance refers to the assistance provided by international agencies or NGOs in re-constructing a nation’s infrastructure and/ or economy, which is destroyed due to war or similar internal conflicts. The basic purpose is to ensure that the nation is able to sustain its stability – both political as well as economic, despite war, and prevent it from retracting towards poverty and state of chaos. These agencies are primarily concerned with providing assistance related to governance, transporting basic supplies such as food and water to cri ses zones, and providing assistance in restructuring the economy, among others.   The international aid agencies strive to eliminate or reduce the factors contributing to creating political, social or economic rift, take active measures in blocking economic stagnation, prevent illicit trade which may facilitate further violence such as drug dealing, illicit trade in diamonds, arms and ammunitions etc., increasing employment opportunities, and reducing / eliminating economic incentives to fight.

How has Robot Technology improved emergency response and will this Research Paper

How has Robot Technology improved emergency response and will this technology impacts the future of search and rescue - Research Paper Example This paper will describe how robot technology has improved emergency response capabilities and how this technology will influence the future of emergency management, as well as search and rescue operations. In the modern world there is an imminent need for humanitarian operations ranging from small disasters to humanitarian tragedies. Some of these emergencies can be classified as natural disasters while others are human made or human induced. The typical emergency situation can also be a combination of any three of the elements listed above. In such situations, the general approach is to utilise search and rescue (SAR) teams and systems. It has to be kept in mind that the budgets being spent on emergency relief efforts especially for search and rescue efforts is increasing manifold every year. For example, the International Committee for the Red Cross (ICRC) spent some 958.7 million Swiss Francs in the year 2005 while it registered a 16% increase in its overall budget since 2000. This is comparable to the Medecins Sans Frontieres (MSF) who saw a budgetary increase of 13% between the years 2000 and 2004 (Ko & Lau, 2009). With these budgetary increases it must also be seen that most sea rch and rescue efforts feature human beings trying to resolve situations that may be out of their control. With the rapid advances in technology especially robotics, it is ironic that most search and rescue operations still feature dogs on leashes guiding human handlers to save lives. The very nature of emergency response is precarious to say the least. The advances in technology have been unable to feature heavily in these scenarios except for the isolated use of positioning systems, communication systems and camera mounted probing systems. The dangerous nature of these operations requires scapegoats that can tread not only further but also faster into emergency areas. It has been suggested that the

Connection paper Essay Example | Topics and Well Written Essays - 1000 words

Connection paper - Essay Example For King, his imprisonment became the very reason why he wrote his letter while Thoreau’s imprisonment in a way influenced his perceptions and understanding as well as his courage to express his arguments in his article. The two are principled men who did their best to stand on what they believed in even in the midst of chaos. They both present their discourse on the basis of reason, using quotations from the Bible and well-respected men; seek to be understood, appealing to sense and sensibility of the people concerned who are politicians, Whites, Blacks, and Clergymen as well as discuss just laws, unjust laws, eternal and natural laws. Firstly, the aforementioned freedom fighters reflect in their written works of their influence from the Bible. As a clergyman, it was natural for King to mention God and the Bible but he emphasized how men should work with God to accomplish His purposes here on earth. Despite his co-clergymen’s discourse that the social issues King is fi ghting for are issues that the gospel has no real concern for, he argues that â€Å"human progress comes through the tireless efforts of men willing to be co-workers with God†. ... Such quotations show how Thoreau uses information from the Bible to reflect on the circumstances he is facing. To make their arguments even stronger, the two authors named and quoted other philosophers such as Socrates, St. Augustine, Martin Buber, Confucius and Paley. King claims that he does not seek to go against government while Thoreau stands on the other side of the balance and they both are expressed the reason for their actions. King debated that he and his colleagues have brought their concern to the people in authority for it to be resolved. However, their pleas for equality and just treatment have been disregarded so that they had to resort to taking action. He presented how they have acted with all the discretion in accordance to the circumstances in Birmingham and explained how they finally have to â€Å"create constructive, nonviolent tension which is necessary for growth†. Similarly, Thoreau accounts that he is not a man who is violent in expressing himself but, he â€Å"quietly declares war with the State†, speaking about his reactions to the demands for him to pay â€Å"a certain sum toward the support of a clergyman†. Using the quotations and philosophers mentioned above, the two writers presented their reasonable actions. They effectively explained the principles on which they stand on and tried to persuade their audience using intellectual arguments instead of the violence that they have been perceived to hold. King and Thoreau believe in the existence of unjust laws. King defines and contrasts just and unjust laws to make clear his understanding of the subject. He quotes St. Augustine saying â€Å"an unjust law is no

Study Guide History Questions Essay Example | Topics and Well Written Essays - 1750 words

Study Guide History Questions - Essay Example The paper "Study Guide History Questions" presents a set of study guide questions regarding different periods of world history such as World War I and World War II and the Chinese Qing dynasty. Total war is a conflict characterized by military targeting civilian resources and infrastructure, food blockades, as well as a military draft for men and production of materials. During the Great War, the central powers comprised of Austria-Hungary, Germany, Ottoman Empire, and Bulgaria. During the Great War, the defensive techniques included the use of barbed wire and trenches while the offensive power were machine guns, flamethrowers, mustard gas, submarines, tanks, and aircraft (zeppelins, planes). Therefore, the primary demands and messages conveyed by nations’ propaganda posters in the Great War were "Women of Britain say GO!", "The empire needs men!", "Canada’s new army needs men like you", "I want you for U.S. Army", "Who is absent? Is it you?". Also, the pro-war messages could be found in George M. Cohan’s song â€Å"Over There†. The song is calling upon the young and energetic members of the society (male) to take up arms and fight the enemy. It also emphasizes the cultural perception of masculinity as the protector of the community. During the Great War, the government control mechanisms were required such as buy war bonds (propaganda posters), the military draft, government control of private industries, munitions factory workers needed, rationing, anti-sedition legislation.

Marriot and Body Shop Aims and Objectives Essay Example for Free

Marriot and Body Shop Aims and Objectives Essay introduction Marriot is an international brand however the purpose of this controlled assessment, they will be my local business known as London Heathrow Marriott-LHM. Marriott is currently a private limited company (PLC) and has two other private investors as owners of the company. The Marriott hotel was founded in 1993 and is located in Harlington, Hayes. Currently its labour turnover for the month of September (2010) is an increase of 10.1%. Marriott acquires approximately 133,000 employee’s world wide and between 8,000-9,000 employees in the UK. My other local business is The Body shop. The Body Shop is an international business Definition of Aims The long-term goals a business wants to achieve. Goals that a business wants to achieve to be successful. Explain what aims are Definition of objectives The specific steps taken by a business to achieve a goal Objectives have to S.M.A.R.T, this stands for: * Specific * Measurable * Achievable * Realistic * Time Marriott’s aims * Guest Satisfaction Superiority * Marriott Profitability Owner Return on Investment * Associate Satisfaction Marriott’s objectives * GSS (Customer Target) 75% (satisfied with overall service) * Sales turnover of  £20m per annum * Labour turnover less than or equal to 25% Summarising Marriott’s aims and objectives Marriot have set themselves three aims that they hope to achieve. These three aims vary from making a profit on their investment to guest and employee satisfaction. Marriott’s first aim and objective focuses on customer satisfaction. They are going to meet this goal by being customer focused and meeting customer needs. To achieve this they will do everything in their power to keep their customers happy to give recommendations to other people and for them to keep coming back to their hotel. They need to deliver the â€Å"wow factor† by providing the best quality of service. They intend to meet this aim by encouraging their guests to complete a â€Å"Guest Satisfaction Survey†. To achieve their aim they need 75% of their customers to be satisfied. The management team reviews all these surveys to find out what they need to improve on to make the hotel and make it the best in the industry. They also focus on associate satisfaction which focuses on the employees. They are striving for labour turnover less than or equal to 25% therefore Marriott hope not to lose more than 1 in 4 of their employees. They aim to make employees satisfied by ensuring their staff is happy. They will achieve this aim by motivating their staff and rewarding them with staff benefits for example LHM offer â€Å"Valuable room rate, food and beverage, and retail discounts at global Marriott locations.† This gives the employees the feeling that Marriott cares about them. Also the amount of pay that is offered by Marriott is higher than most equivalent jobs. This makes the employees want to stay as they know that there is a very slim chance that they will find this amount of pay anywhere else, or they may not get the same amount of bonuses-motivating them to do better- The want the communication between the staff and Marriott management to be strong as this gives the employees the sense that they are involved within the business. Their third aim and objective focuses on Income and money made. Marriott want to make a profit and have a sales turnover of  £20m per annum. By doing this they will be able to maintain share prices and reward shareholders with dividends. Furthermore they will be able to do this by increasing sales revenue for this hotel. This has been set out by the management senior Marriott personnel in the US. The will achieve this by providing the best quality of service. body shopAims * Leading business in the beauty industry * Fair trade * Protect human rights – customers and staff * Protect the Environment and planet body shop objectives * Continue to grow by maximizing sales * All our suppliers have signed the Code of conduct supporting ethical, fair trade program. * Improving working conditions for body shop employees and protecting their Human rights * Every product packaging is made from 100% recycled materials Summary of the body shop aims and objectives

The Importance of Commodity Derivatives

The Importance of Commodity Derivatives Equity Commodity Investment â€Å"A COMPARATIVE STUDY BETWEEN EQUITY COMMODITY INVESTMENT OPTION† ABSTRACT India, a commodity based economy where two-third of the one billion population depends on agricultural commodities, surprisingly has an under developed commodity market. Unlike the physical market, futures markets trades in commodity are largely used as risk management (hedging) mechanism on either physical commodity itself or open positions in commodity stock. For instance, a jeweller can hedge his inventory against perceived short-term downturn in gold prices by going short in the future markets. The study aims to know how of the commodities market and how the commodities traded on the exchange. The idea is to understand the importance of commodity derivatives and learn about the market from Indian point of view. In fact it was one of the most vibrant markets till early 70s. Its development and growth was shunted due to numerous restrictions earlier. Now, with most of these restrictions being removed, there is tremendous potential for growth of this market in the country. ACKNOWLEDGEMENT SYNOPSIS FOR THESIS DESIRED AREA Investments Commodity Market in India TITLE OF THE THESIS Comparative Study between Equity Commodity Investment Options† PROBLEM DEFINITION / HYPOTHESIS / RESEARCH OBJECTIVE To have a comparative study between two major Investments options Equity Commodity on the basis of their returns. To study simple properties of commodity futures as an asset class and analyze the hedging properties To understand the possible returns by investing in Commodity Futures when the Commodity Spot Prices are falling and comparing them with those in Stocks and Bonds. INTRODUCTION / LITERATURE TO THE AREA OF RESEARCH In the Capital Markets of the world, preferably in India, Stock is considered as the first option of investment. But, as we all know that there are many other options available with the people to invest / park their hard earned in some of these options are Derivative Market, Mutual Funds, NSC, KVPS, Insurance, FD, Savings A/c’s obviously less considered is the Commodity Market. In the above mentioned options there are some options that do not have the risk factor in it thus they give less return, while others having risk gives more return to the investor. One does not know that the Investments in Commodities will also yield almost the same returns as compared with the Stock, having the same amount of risk involved. SCOPE This research would throw light on the mentioned objectives make people aware of Commodity Futures as an Investment option – which is at its growing stage. RESEARCH METHODOLOGY Primary Data Collection Guidance from the External Guide. Guidance from the Internal Guide. Help from Faculties. Commodities Dealers. Commodities Players (Investors). Secondary Data Collection Web sites Journals Magazines (Financial) Newspapers Research Papers on the same topic Reports of Experts â€Å"Investment is a term with different closely-related meanings in business, finance and economics, related to saving or deferring consumption. An asset is usually purchased, or in a similar way a deposit is made in a bank, in hopes of getting a future return or interest from the same. Literally, investment means the action of putting something somewhere else In finance, investment can be referred to as buying securities or other monetary assets in the money markets or capital markets, or in fairly liquid real assets, such as gold, real estate etc. Valuation is the method for finding the true value of an asset. Different financial investments include shares, bonds and other equity investments. These financial assets are then expected to provide income/ positive future cash streams, and may increase or decrease in its value giving the investor capital gains or losses. Trading in contingent claims or derivative securities do not necessarily have future positive cash flows, and so are not considered assets, or securities or investments. Nevertheless, since their cash flows are closely related to or it is derived from cash flow of specific securities, they are often treated as investments. Banks, mutual funds, pension funds, insurance companies, collective investment schemes, and investment clubs can be used to make investments indirectly. An intermediary generally makes an investment using money from many individuals, each of whom receives a claim on the intermediary, though their legal and procedural details differ. LITERATURE REVIEW The capital market (securities markets) is the market for securities, where the companies and the government can raise funds for long term. Stock market and the bond market form part of capital market. Financial regulators, such as the RBI and SEBI, keep a watch on the capital markets in their respective countries to ensure that investors are protected against any fraud. The capital markets consist of the primary market, where the company floats new securities to investors, and the secondary market, where existing securities are traded. STRUCTURE OF CAPITAL MARKET Primary Market Secondary Market Derivative Market Commodity Market International Market IPO Public Issue) Right Issue Private Placement Sale purchase of existing share debenture Mutual fund Option Future Call Option Put Option Gold Silver Material Etc. NYSE Composite NASDAQ Composite Dow Jones I.A. S4P 500 NIKKEI – 225 NSE BSE Dealing in MCX dealing in STRUCTURE OF SECURITY MARKET Primary Market Secondary Market Derivative Market Commodity Market International Market IPO Public Issue) Right Issue Private Placement Sale purchase of existing share debenture Mutual fund Option Future Call Option Put Option Gold Silver Material Etc. NYSE Composite NASDAQ Composite Dow Jones I.A. S4P 500 NIKKEI – 225 NSE BSE Dealing in MCX dealing in A) Primary Market: It is that part of the capital markets that deals with the issuance of new securities. Companies, governments or public sector institutions can obtain funds through the issue of a new stock or bond which is called initial public offering (IPO). This is typically done through a syndication of securities dealers which in return earn a commission that is built into the price of the security offering. B) Secondary Market: The secondary market is the market for trading of securities that have already been issued in the market. Aftermarket is known as the market that exists in a new security just after the new issue. Investors and speculators can easily trade on the exchange once a newly issued stock is listed on a stock exchange, as market makers make bids and offers in the new stock. C) Derivative Market: Derivative Market Future Market Option Market Future Contract Say – One month – Two month – Three month Call Option Put Option Premium will change at the time of buying No Risk Premium will change at the time of sells No Risk Future Contracts: The future contracts are the future contracts or bids for some specific period like one month, two months and three months, accepted from investor in capital market which is put. Option Market :- The option market is the place where trading is for call and put or buy and sell and only the premium is charged for all call and put trading. D) Commodity Market: Commodity trading might sound like a strange term, but simply put, commodities are items like, wheat, corn, gold and silver, and Cattle and Pork Bellies, and Crude Oil and it has emerged as an important player in the way that people invest in and speculate. INVESTMENT ALTERNATIVES INVESTMENT Financial Assets Real Estate Marketable Financial Assets. Non-marketable Financial Assets Treasury Bills C.D. C.P. Repo Govt. Fixed Insurance bond Govt. Securities Debenture Shares Mutual Fund Equity Pref NSS Bank Deposit Post Office KVP NSC Company Deposit EPF/PPF LIC Gold Silver Previous objects Painting /Art Land / Building Machinery/Equipment etc MARKETABLE FINANCIAL ASSETS Equity or Preference shares Govt/PSU/Pvt/other bonds Mutual Funds Shares (Equity and Preference Share): If you have equity shares of a company, you have an ownership stake in that company. This essentially means that you have a residual interest in income and wealth of the company. Equity shares are classified into the following broad categories Blue chip shares Growth shares Income shares Cyclical shares Speculative shares Bonds: Bonds or debentures represent long-term debt instruments where issuer of a bond promises to pay a stipulated stream of cash flow. Bonds may be classified into the following categories Government securities. Savings bonds Government agency securities. PSU bonds Debentures of private sector companies Preference shares Money Market Instruments:- Money market instruments are debt instruments which have a maturity of less than one year at the time of issue. The important money market instruments are: Treasury bills Commercial paper Certificates of deposit Mutual Funds: A Mutual Fund is a trust that collects the savings of a number of investors, and invest in capital market instruments such as shares, debentures and other securities who share a common financial goal. Unit holders share the income earned through these investments and the capital appreciation in proportion to the number of units owned by them. Mutual Fund offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost and thus is the most suitable investment for the common man. NON-MARKETABLE FINANCIAL ASSETS: A good portion of financial assets is represented by non-marketable financial assets. These can be classified into the following broad categories. Bank deposits Post office deposits Company deposits Provident fund deposits/EPF LIC NSC NSS KVP Life Insurance: Life insurance can also be considered as an investment as insurance premiums represent the sacrifice, and the assured sum represents the benefit. The important types of insurance policies in India are : Endowment assurance policy Money back policy Whole life policy Term assurance policy REAL ESTATES AND OTHERS Real Estate: Residential house is the most important asset in the portfolio for the bulk of the investors. More affluent investors are likely to be interested in the following types of real estate, in addition to a residential house Agricultural land Semi – urban land Commercial property Precious Object: Precious objects are items that are highly valuable in monetary terms. Some important precious objects are ; Gold and silver Precious stones Art objects Financial Derivatives: A financial derivative is an instrument whose value is derived, from the value of an underlying asset be it a real asset, such as gold wheat or oil, or a financial asset, such as a stock, stock index, bond or foreign currency. Forwards Contracts A forward contract, as it occurs in both forward and futures markets, always involves a contract initiated at one time; Performance in accordance with the terms of the contract occurs at one time; Performance in accordance with the terms of the contract occurs at a subsequent time. Further, the type of forward contracting to be considered here always involves an exchange of one asset for another and the price at which the exchange occurs is set at the time of the preliminary contracting. Actual payment and delivery of the good occur afterwards. Futures Contracts A futures contract is highly standardized forward contract with closely specified contract terms and it calls for the exchange of some good at a future date for cash, with the payment for the good to occur at that future date like all forward contracts. The buyer of a futures contract undertakes to receive delivery of the good and pay for it while the seller of a futures promises to deliver the good and take delivery of payment. The price of the good is determined at the initial time of contracting. Option Option contracts grant the right but not the compulsion to buy in the case of a call or sell, in the case of a put a specified quantity of an asset at a predetermined price on or before a specified future date option contract would expire if it is not in the best interest of the option owner to exercise. Swaps Swaps normally trade in the OTC market but there is monitoring of this market segment. Swaps are agreement between two parties to exchange cash flows in the future according to a approved formula and In case of popular interest rate swap, one party agrees to pay a series of set cash flows in exchange for a sequence of variable cost. When compared to global derivatives markets Indian derivative markets are still in the emerging stage. Indian derivatives markets share in the world derivatives market’s value and volumes are very small. But with the starting of trading in different financial and commodities segment, Indian markets are growing very fast. Indian markets are operating with high efficiency and on parity with international standards. The major exchanges and the derivative products traded in India: 1. Bombay Stock Exchange (BSE) 2. National Stock Exchange OF India Ltd (NSE) 3. National Commodity Derivatives Exchange Limited (NCDEX) 4. Multi Commodity Exchange of India Ltd (MCX) 5. National Multi Commodity Exchange of India Ltd (NMCE) INVESTMENT ATTRIBUTES For evaluating an investment values, the following attributes are relevant. Rate of return Risk Safety Profitability Purchasing power risk Maturity Marketability Tax shelter Convenience Rate of Return: The rate of return on an investment for a period (which is usually a period of one year) is defined as follows: Rate of return = Annual income + (Ending price – Beginning price) Beginning price To illustrate, consider the following information about a certain equity share. Price at the beginning of the year: Rs. 80.00 Dividend paid in the year: Rs. 4.00 Price at the end of the year: Rs. 87.00 The rate of return of this share is calculated as follows: 4.00 + (87.0-80.00) = 13.75 percent 80.00 Yield In general, yield is  the yearly rate of return  for any investment and is expressed as a percentage, With stocks, yield can refer to the rate of income generated from  a stock in the form of regular dividends and is often represented in percentage form, calculated as the annual dividend payments divided by the stocks current share price. Investors can use yield to measure the performance of their investments and  compare it to the yield on other investments or securities. Generally, higher risk securities offer higher expected yields as compensation for the additional risk incurred through ownership of the security. Investors looking to make income or cash flow streams from equity investments commonly look for stocks  that shell out high dividend yields, in other words, stocks that give a relatively large amount of annual cash dividends for a relatively low share price. Annual income (interest or dividends) divided by the current price of the security. This measure looks at the current price of  a bond instead of its face value and represents the return an investor would expect if  he/ she  purchased the bond and held it for a year. This measure is not an accurate reflection of the actual return that  an investor  will receive in all cases  because bond and stock  prices are continuously changing due to market factors. Capital Appreciation: It’s the rise in the market price of an asset. Capital appreciation is one of two major ways for investors to profit from an investment in a company. The other is through dividend income. Risk The risk of investment may be classified in following ways Type of Risk Internal Rate of Return Risk Market risk Inflation Risk Default Risk Business Risk Financial Risk Management Risk Liquidity Risk The rate of return from investments like equity shares, real estate, and gold can vary rather widely. The risk of investment refers to the variability of its rate of return: How much do individual outcomes deviate form the expected value? A simple measure of dispersion is the range of values, which is simply the difference between the highest and the lowest values. Other measures commonly used in finance are as follows: Variance :This is the mean of the squares of deviations of individual returns around their average values Standard deviation:This is the square root of variance Beta :This reflects how volatile the return from an investment is, in response to market swings. Risk = Actual Return – Expected Returns Condition: If, Actual Return = Expected Return = Risk Free Investment If, Actual Return > or Low Variance (Low Risk) High Variance (High Risk) Expected Return Marketability: An investment is highly marketable or liquid if: (a) it can be transacted quickly: (b) the transaction cost is low; and (c) the price change between two successive transactions is negligible. The liquidity of a market may be judged in terms of its depth, breadth, and resilience. Depth refers to the existence of buy as well as sell orders around the current market price. Breadth implies the presence of such orders in substantial volume. Resilience means that new orders emerge in response to price changes. Generally, equity shares of large, well – established companies enjoy high marketability and equity shares of small companies in their formative years have low marketability. High marketability is a desirable characteristic and low marketability is an undesirable one. How does one evaluate the marketability of an investment like a provident fund deposit which is non-marketable by its very nature? In such a case, the relevant questions of ask is: can withdrawals be made or loans be taken against the deposit? Such as investment may be regarded as highly marketable if any of the following conditions are satisfied: A substantial portion of the accumulated balance can be withdrawn without significant penalty; A loan (representing a significant portion of the accumulated balance) can be raised at a rate of interest that is only slightly higher than the rate of interest earned on the investment itself. Tax Shelter: Some investments provide tax benefits; others do not. Tax benefits are of the following three kinds. Initial Tax Benefit; An initial tax benefit refers to the tax relief enjoyed at the time of making the investment. For example, when you make a deposit in a Public Provident Fund Account, you get a tax benefit under Section 80 C of the Income Tax Act. Continuing Tax Benefit: A continuing tax benefits represent the tax shield associated with the periodic returns form the investment. For example, dividend income and income from certain other sources are tax – exempts, upto a certain limit, in the hands of the recipient. Terminal Tax Benefits; A terminal tax benefit refers to relief from taxation when an investment is realized or liquidated. For example, a withdrawal from a Public Provident Fund Account is not subject to tax. Convenience: Convenience broadly refers to the ease with which the investment can be made and looked after. Put differently, the questions that we ask to judge convenience are: Can the investment be made readily? Can the investment be looked after easily? The degree of convenience associated with investments varies widely. At one end of the spectrum is the deposit in a savings bank account that can be made readily and that does not require any maintenance effort. At the other end of the spectrum is the purchase of a property that may involved a lot of procedural and legal hassles at the time of acquisitions and a great deal of maintenance effort subsequently. A COMPARATIVE STATEMENT OF VARIOUS INVESTMENTS ALTERNATIVES A summary evaluation of these investment avenues in terms of key investment attributes is given in Exhibit below. It must be emphasized that within each investment category individual assets display some variations. Exhibit: Summary Evaluation of Various Investment Avenues Return Current yield Capital appreciation Risk Marketability / Liquidity Tax shelter Convenience Equity Shares Low High High Fairly high High High Non – convertible Debentures High Negligible Low Average Nil High Equity Schemes Low High High High High Very high Debt Schemes Moderate Low Low High No tax on dividends Very high Bank deposits Moderate Nil Negligible High Nil Very high Public provident fund Nil Moderate Nil Average Section 80 C benefit Very high Residential Moderate Moderate Negligible Low High Fair Gold and Silver Nil Moderate Average Average Nil Average INVESTMENT VERSUS SPECULATION While it is difficult to draw the line of distinction between investment and speculation, it is possible to broadly distinguish the characteristics of an investor from those of a speculator as follows. Investor Speculator Planning horizon An investor has a relatively longer planning horizon. His holding period is usually at least one year. A speculator has a very short planning horizon. His holding may be a few days to a few months. Risk disposition An investor is normally not willing to assume more than moderate risk. Rarely does he knowingly assume high risk. A speculator is ordinarily willing to assume high risk. Return expectation

The Unavoidable Industrial Revolution :: essays research papers

From 1750-1830 the Industrial Revolution changed the society and when the society changes so do the individuals. In the Industrial Revolution many farmers would fence / close up their land and get machines to do the work for them. That causing many farm-workers to loose their job and move to the cities and to work in factories. It did have many negative and positive effects on the society. But I think the Industrial Revolution would have happened sooner or later anyway. The positive effects that it had were that the world became more modern and some people really did benefit from it. Many farm owners earned more money this way. And they didn’t need to use child labor in the fields anymore. The most important thing it accomplished is that the women had the opportunity to work in places other then the house and to get paid for it. But on the other hand it did have many negative effects too. Many of the factories were very dangerous and they paid very poorly. Because the family didn’t get enough money for living with only the parents working many children had to work too. The children got only 1/10 of the money what a grown man earned. The work was hard and the conditions were very dangerous and the children got hurt often. The children had to work long hours about 8-12 or even sometimes 15 hours a day. Because they didn’t get enough money to buy food they became very sick and tired and that caused many accidents to happen. This all could be changed by making child labor illegal. Because children aren’t supposed to be working in dangerous factories. They should be in school or just be kids. Another thing they should change is the working The Unavoidable Industrial Revolution :: essays research papers From 1750-1830 the Industrial Revolution changed the society and when the society changes so do the individuals. In the Industrial Revolution many farmers would fence / close up their land and get machines to do the work for them. That causing many farm-workers to loose their job and move to the cities and to work in factories. It did have many negative and positive effects on the society. But I think the Industrial Revolution would have happened sooner or later anyway. The positive effects that it had were that the world became more modern and some people really did benefit from it. Many farm owners earned more money this way. And they didn’t need to use child labor in the fields anymore. The most important thing it accomplished is that the women had the opportunity to work in places other then the house and to get paid for it. But on the other hand it did have many negative effects too. Many of the factories were very dangerous and they paid very poorly. Because the family didn’t get enough money for living with only the parents working many children had to work too. The children got only 1/10 of the money what a grown man earned. The work was hard and the conditions were very dangerous and the children got hurt often. The children had to work long hours about 8-12 or even sometimes 15 hours a day. Because they didn’t get enough money to buy food they became very sick and tired and that caused many accidents to happen. This all could be changed by making child labor illegal. Because children aren’t supposed to be working in dangerous factories. They should be in school or just be kids. Another thing they should change is the working

Wedding Speech †Best Man -- Wedding Toasts Roasts Speeches

Wedding Speeches – Best Man Good Afternoon Ladies and Gentlemen, Boys and Girls, for those who don’t know me my name is Alan and unfortunately for you, today, I am Rob’s Best Man. To begin with I would like to thank the Bridesmaids Jess and Emma, I am sure you will all agree they both look lovely and have done a grand job today, well done ladies. And I’d like to thank the Ushers, Rowan and Lloyd for their splendid work, nice one lads. Last but not least I’d like to thank you all on behalf of the Bride and Groom for being here and sharing this special day. It is customary for the Best Man to drag up some embarrassing stories from the Grooms past and to carry out a character assassination†¦. But out of respect for Rob on this big day I’m afraid I’m not going to. I’m not going to mention the time he streaked down the road wearing just his slippers and a tank-top, unfortunatel...

Madness and Insanity in Shakespeares Hamlet - Hamlet, the Melancholy

Hamlet, the Melancholy Hero  Ã‚     Ã‚  Ã‚   The reader/viewer finds in Shakespeare’s tragedy Hamlet that the protagonist is a melancholy type; this quality remains with him from beginning to end of the tragedy. And this melancholy hero will be the subject-matter of this essay.    Harry Levin explains in the General Introduction to The Riverside Shakespeare how the dramatist employs imagery in the play to enhance the melancholic dimension of the hero:    The sphere of Shakespeare’s images is so vast and rich in itself that it has been investigated and charted for clues to his personal temperament. But though we can follow up associations of thought through his image-clusters, these are subordinated to his controlling purposes as a playwright. The imagery fulfills a structural and a thematic function, linking together a train of ideas or projecting a scheme of values. It enhances the strain of melancholy in Hamlet by dwelling on sickness and decay. . . (14).    The depressing aspect of the initial imagery of the drama is described by Marchette Chute in â€Å"The Story Told in Hamlet†:    The story opens in the cold and dark of a winter night in Denmark, while the guard is being changed on the battlements of the royal castle of Elsinore. For two nights in succession, just as the bell strikes the hour of one, a ghost has appeared on the battlements, a figure dressed in complete armor and with a face like that of the dead king of Denmark, Hamlet’s father (35).    Horatio and Marcellus exit the ghost-ridden ramparts of Elsinore intending to enlist the aid of Hamlet. The prince is dejected by the â€Å"o’erhasty marriage† of his mother to his uncle less than two months after the funeral of Hamlet’s father. There is ... ...999. Rpt. from Introduction to Hamlet, Prince of Denmark. Ed. Philip Edwards. N. P.: Cambridge University P., 1985.    Levin, Harry. General Introduction. The Riverside Shakespeare. Ed. G. Blakemore Evans. Boston: Houghton Mifflin Co., 1974.    Mack, Maynard. â€Å"The World of Hamlet.† Yale Review. vol. 41 (1952) p. 502-23. Rpt. in Shakespeare: Modern Essays in Criticism. Rev. ed. Ed. Leonard F. Dean. New York: Oxford University P., 1967.    Rosenberg, Marvin. â€Å"Laertes: An Impulsive but Earnest Young Aristocrat.† Readings on Hamlet. Ed. Don Nardo. San Diego: Greenhaven Press, 1999. Rpt. from The Masks of Hamlet. Newark, NJ: Univ. of Delaware P., 1992.    Shakespeare, William. The Tragedy of Hamlet, Prince of Denmark. Massachusetts Institute of Technology. 1995. http://www.chemicool.com/Shakespeare/hamlet/full.html No line nos.         

Thermodynamics Lab

Mark powers Period 2 C physics March 17 Thermodynamics lab I. The purpose of this experiment is to keep a certain amount of water as hot as possible for as long as possible. We also get to use whatever materials we want as long as our product is or is smaller than 20cm. II. For my project I used Styrofoam, tinfoil, insulation, silicone, and a cork. I used the Styrofoam as a box to put the can in and the Styrofoam also acts as a thermal insulation. I used the tin foil because it serves as an insulator and keeps the radiant heat inside the box.Next I used insulation, which does what its name is, it keeps whatever inside of it insulated or prevents convection. I used silicone to block off the holes from the Styrofoam to make a good box for the heat to stay in. finally I used a cork on the top of my can to have the smallest hole for the heat to escape it. III. For this experiment I used Styrofoam, tinfoil, insulation, silicone, and a cork. I also need a thermometer to measure the change in temperature of the water during the course of the experiment.IV. First I cut out Styrofoam to the appropriate lengths and made sure it wasn’t over the 20 cm limit. I then covered the Styrofoam with tin foil and sealed off all the cracks on the inside with silicone. After that I put insulation on the whole inside of the box with enough room to put the can in on the inside. I finally added a cork on the top of the can to make the smallest opening so that the heat had little room to escape to conclude my project. Time| Temperature (C °)| 0 minutes| | 20 minutes| |V. Data VI. 1. I think the most important type of the 3 types of energy transfer that we had to minimize was convection because convection is heat transfer via heating surrounding fluid and then the fluid moves. 2. The sun doesn’t heat us through convection or conduction because for heat to heat through conduction it need to be touching it and we don’t touch the sun, and for conduction is heat transfe r via heating surrounding fluid and then the fluid moves but us humans are solids, not liquids. . Mammals that live in cold climates and cold water insulate themselves with their fur and being cold blooded. The mammals that don’t live in water use their fur as an insulator to keep their warm air inside them and keep the cold air outside, and the cold-water mammals usually are cold blooded so that their temperature doesn’t really change with the cold conditions that they are around all the time. VII. Thermodynamics Lab Abstract: This report will show the acquired understanding of the refrigeration cycle by using first and second laws of thermodynamics. In order to analyze this system several assumptions where made such like an isentropic process at the compressor an isenthalpic expansion in the throttling valve. Diagrams will be provided to depict these thermodynamic processes in addition to computing the heat transferred to the system and the work input to the compressor. Table of Contents Abstract †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Table List †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4 Descriptions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 5 Theory†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Calculation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 8 Discussion. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 11 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 15 Appendix†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 16 Objectives:The Refrigeration lab was conducted to gain a better understanding of the refrigeration cycle, Carnot cycle and to compare the ideal cycle. Also, determent the heat transfers by using the mass and energy balance. Introduction: The term â€Å"refrigeration† may be defined as the process of removing heat from a substance under controlled conditions. It also include s the process of reducing and maintaining the temperature of a body below the general temperature of its surroundings. In other words, the refrigeration means a continued extraction of heat from a body whose temperature is already below temperature of its surroundings.In this lab 1,1,1,2-Tetrafluoroethane (R-134a) was used as refrigerant. Since energy cannot be destroyed according to first law of thermodynamics. In a refrigerator, heat is virtually pumped from a lower temperature to a higher temperature. According to Clausius Statement of Second Law of Thermodynamics states that heat will not pass cold to hotter region without the aid of an external agency. Thus, process can only be performed with the aid of some external work. It is thus obvious that supply of power is regularly required to drive a refrigerator.Theoretically, a refrigerator is a reversed heat engine or a heat pump which pumps heat from a cold body and delivers it to a hot body. The substance, which works in a pump to extract heat from a cold body and to deliver it to a hot body, is known as refrigerant. Description of Refrigeration cycle description: Most commonly used refrigeration/heat pump cycle and involves the same four processes as a heat engine cycle but in the reverse order (i. e. evaporation – compression – condensation – expansion/throttling).Figure 1 gives a schematic representation of the four essential mechanical components in this cycle. Heat out 3 2 Condenser Throttle Work in Valve Evaporator Compressor 4 1 Heat in Figure 1: Refrigeration Cycle components Compressor: The compressor in a refrigeration system is essentially a pump. It is used to pump heat uphill from the cold side to the hot side of the system Condenser: The condenser or cooler consists of coils of pipe in which the high pressure and temperature vapour refrigerant is cooled and condensed.Expansion valve: As the high-pressure high temperature liquid refrigerant passes the throttling valve seat ing, its pressure and temperature drop to that of the evaporator. The drop in temperature is changed liquid phase to a mixture of low-pressure and temperature liquid and vapour enter the evaporator without any change in enthalpy Evaporator: The purpose of the evaporator is to remove unwanted heat from the product, via the liquid refrigerant 3 2 4 1 Superheating Sub-cooling Critical Point Liquid Pressure Enthalpy 3 2 4 1 Superheating Sub-cooling Critical PointLiquid Pressure Enthalpy Figure 2: Refrigeration cycle on pressure – enthalpy diagram. In cycle the refrigerant vapour is compressed to a higher temperature and pressure (12). The compressed vapour is then condensed isobarically which results in heat rejection to the surroundings (23). The next step is the adiabatic throttling of the refrigerant to the low temperature and pressure (34). The final step is where the refrigerant is evaporated at low temperature and pressure, which results in the absorption of heat from its s urroundings (41). Theory /Analysis:Figure 3 According to first law of thermodynamics energy (heat, work), cannot destroyed but energy changing from one form to another. ?H+? Ke+? Pe=? Q+? W (1) (Balmer, 2011) Where H=enthalpy, K=kinetic energy, P= potential energy, Q= heat and W= work. In order to simplify the calculation for the energy balance, the following assumptions were made: – Kinetic and potential energy changes are negligible throughout the system So, ?H=? Q+? W – In a constant pressure for the condenser (work=0). The heat transfer of the condenser is the heat loss, in other words Q2-3 and is given by:Q2-3= m(h3-h2) – In a constant pressure for evaporator (work=0), he heat gain by the evaporator is equal to Q1-4 and is given by: Q4-1= m(h1-h4) – The work done by the compressor is the same as the work in the cycle and is given by: Q1-2= (h2-h1) – The power drawn by the compressor defined by the following equation: Power= Voltage ? Current ? Power Factor – Coefficient of performance is defined as: COP=Q4-1? Q2-3? -Q4-1 (2) (Balmer, 2011) -The heat transfer water can be calculated from the water flow rates and temperature changes using the following formula where Cp is specific heat capacity:Q= mCp ? T – Convective heat transfer occurs between the air and the refrigerant and this is can be calculated using the following: Qconv= hA (T? -TS) (3) (Balmer, 2011) Where to (h) is convective heat transfer coefficient =25, A= area Sample Calculations: mr=76mlmin ? 1L1000ml? 1m31000ml? 1 min60s= 0. 001505kgs mw, cond=11. 7Lhr? 1m31000L? 1 hr3600s =0. 00322kgs mw, evap=27. 5Lhr ? 1m31000L ? 1hr3600s=0. 00764kgs Q23, cond= 0. 001505kgs ? 83-300kJkg? 1000=-324. 5w Q14, evap= 0. 001505kgs? 260-83kJkg? 1000=266. w Qab, cond=0. 00322kgs? 4. 2kJkg. K ? 34. 9-16. 2K? 1000=253w Qcd, evap=0. 00764kgs? 4. 2kJkg. K ? 8. 4-16. 2K? 1000=-250. 2w W12 =-0. 001505kgs? 300-260kJkg? 1000= -60. 13w COPc=260-83kJkg300-260kJkg=4. 425 P electric compressor=228. 2V ? 0. 79A? 0. 75=135W Results: Heat transfer refrigerant| Heat transfer water| Q2-3 (W)| -326. 54| Q2-3(W)| 253. 07| Q3-4| 0| Q1-4 (W)| -250. 25| Q4-1 (W)| 266. 34| W1-2| -60. 129| COP| 4. 425| Area (m^2)| 0. 162| Q convective 2-3(w)| 87. 062| Q connective 4-1(w)| -41. 904| conv HTC of air (m^2*k)| 25| Total energy balance (w)| -12. 20984307|Carnot Refrigeration Cycle between to two pressure: Figure 4 A reversed Carnot cycle is shown on p-h diagrams in Figures respectively. The processes of the cycle are as follows: The refrigerant is compressed isentropically as shown by the curve 1-2 and 3-4 on p-h diagrams. During this process the T2 temperature of refrigerant decrees from. We know that during isentropic compression, no heat is absorbed or rejected. The refrigerant is now (compressed/ evaporated) isobarically (P2 = P3) and (P4=P3) as shown by the p-h. We know that the heat rejected in 2 to 3 and heat absorbed from 4 to 1.Result: Carnot cycle| kj/kg| h1| 278| h2| 300| h3| 118| h4| 83| COP| 8. 86| Ideal cycle: Fgure 5 A reversed ideal cycle is shown on p-h diagrams in Figures respectively. The processes of the cycle are as follows: Ideal cycle| h1| 250| h2| 275| h3| 100| h4| 100| COP| 6| The refrigerant is compressed isentropically as shown by the curve 1-2 . in the exit of the condenser the refrigerant is in a saturated liquid in curve 3-4 on p-h diagrams. After that refrigerant exit the evaporator in saturated vapour. In a isobarically process 4-1 as shown by the p-h Result:Discussion: It was seen in the refrigeration cycle; Carnot cycle and the Ideal cycle there are different coefficients of performance on refrigerant. If we look at COP formula the low heat is divided by the work in in this case where the refrigerant entered the compressor could significantly hinder the performance of this component by change (superheating). Also the refrigerant leaving the condenser will effect the COP (sup-cooling) . If we compare Carnot cycle to the actual cycle, in Carnot refrigerant super- heating has increased, which will increase the COP.In the other hand, in Ideal cycle the sub-cooling has decreased which the sub-cooling decrease the liquid during expansion to saturated liquid-vapour and increases the refrigerating performance, but by decreases the sub-heating in the evaporator exit from vapour to saturated vapour. Which in this case the COP decreased but it will be higher that the actual cycle. The heat transfer occur in the basic refrigeration cycle, by calculate the energy balance in the cycle. The sum of the energy will not be even close to zero and this violates the first law of thermodynamics.So, there is heat lost in the cycle according to the second law of thermodynamics, heat always flows from a material at a high temperature to a material at a low temperature. For heat to transfer there has to be a temperature difference between the two materials. This heat can be calculated by Convection is the transfer o f heat from one place to a different location by circulating it with a fan or natural movement. Figure 6:Temperature vs. distance condenser Figure 7: Temperature vs. distance evaporator In figure 6 and 7 shows the heat exchange, in figure 6 the cold-water flow co-current with the hot refrigerant.With both entering the same end. This application will be useful to if we want a limited outlet temperature. It’s also useful to drop more quickly temperature because the large difference in the temperature. Where in figure 7 the hot-water flow countercurrent with the cold refrigerant the temperature is achievable by the cold stream can never exceed that of the hot steam. (Ulrich, 2004) Conclusion: This experiment was carried out in order to observe the properties and functions of a refrigeration cycle. With the properties of the refrigerantR134a at all the stages of the refrigeration cycle known, the heat transfer at the condenser and evaporator were calculated. The heat absorbed by the system (evaporator) was determined to be 16 w. The heat given off by the condenser was calculated to being -73. 46 w. The work done by the compressor was also calculated to being -60. 19 W. With this, the refrigeration performance of the cycle was calculated and was equal to 4. 42. Works Cited Balmer, R. T. (2011). Modren Engineering Themodynamics. Burlington, MA, USA: Acadimic Press. Richard M Felder, Ronald W. Rousseau. (2005). Elementary Preincipeles of Chemical Processes (Third ed. . Raleigh, NC: John Wiley & Sons, Inc. Ulrich, G. D. (2004). Chemical Engineering Process Design and Economics. Durham, New Hampshire, USA: Process Publishing. Appendix: | bar| temp C| l/hr| kg/s| h (kj/kg)| Tatm| 18|   |   |   |   | High P| 9. 1|   |   |   |   | Low P| 3. 25| 3. 25|   |   |   | T2|   | 62. 1|   |   | 300| T3|   | 22. 7|   |   | 83| T1|   | 11. 7|   |   | 260| T4|   | 4|   |   |   | Water Tin|   | 16. 2|   |   |   | Water Con d T out|   | 34. 9|   |   |   | Water Evap T out|   | 8. 4|   |   |   | Ref Flow rate|   |   | 76| 0. 0015048|   | Water Con flow rate|   |   | 11. 6| 0. 003222222|   | Water evap flow rate|   |   | 27. 5| 0. 007638889|   | Voltage|   |

Blood Promise Chapter Fourteen

The encounter with Denis left me even more confused than before. It was a shocking illustration of Mark's warning, an omen of what I too might become if I wasn't careful. I wasn't really the same as Denis, was I? I wasn't aimlessly seeking danger. I was seeking danger†¦ well, for a reason. I had to fulfill the promise I'd made to find Dimitri. Maybe it was suicidal and I was only deluding myself into thinking it was noble. Viktoria left me little opportunity to ruminate. Later that evening, as the family was settling down in the living room after way too much food, she glibly asked Olena, â€Å"Can I go over to Marina's? She's having a party before we go back to school.† Wow. It looked like Abe and the Alchemists weren't the only ones keeping secrets around here. I glanced between Olena and Viktoria's faces, curious as to how this would play out. Olena and Yeva were both knitting, but Yeva didn't look up. Viktoria had spoken in English. Olena's face turned thoughtful. â€Å"You have to leave early tomorrow to go back to school.† â€Å"I know. But I can sleep on the bus. Everyone else will be there tonight.† â€Å"? ®Everyone else' isn't a convincing argument,† scoffed Olena. â€Å"They'll all be tired tomorrow too,† replied Viktoria, grinning. â€Å"You'll miss your last night with Rose.† â€Å"I'll hang out with her after I get back.† â€Å"Great. And stay up even later.† â€Å"Not that late. I'll be back by two.† â€Å"Absolutely not. You'll be back by midnight.† Olena returned to her knitting. But that had been permission if I'd ever heard it. Viktoria looked at the clock. It was almost eight thirty. Her face told me she wasn't happy about the curfew, but she apparently decided to take what she could get. Karolina gave us an odd look as we left the room but remained silent. Sonya and Paul, engrossed in TV, barely noticed our departure. I had to find out what was going on. â€Å"Okay,† I said once we were heading upstairs, â€Å"what gives? I thought you weren't going to Marina's.† Viktoria grinned and beckoned me into her bedroom. I'd recently learned her bedroom used to be Dimitri's, and every time I was in here, I had to resist the urge to go bury myself in the bed, even though I knew the sheets had been washed countless times since those days. Somehow, I could imagine them smelling like Dimitri and feeling warm as though we were both lying there together. â€Å"I'm not.† Viktoria began rifling through her closet and pulled out a short, sleeveless red dress with lace around the straps. The fabric was stretchy -the kind that looked like it'd show everything. I was shocked when she began putting it on. It was pretty trashy. â€Å"Is this a joke?† Nope. Viktoria took off her shirt and jeans and pulled the dress on. She had no trouble with it, but it was every bit as clingy as it had appeared. She wasn't as filled out as I was on top, but in a dress like that, it didn't matter. â€Å"Okay,† I said, catching on at last. â€Å"What's his name?† â€Å"Rolan,† she said. â€Å"Oh, Rose. He's amazing. And this is the last night I'll get to see him before school.† I didn't know whether to feel happy for her or sad for Nikolai. This Rolan guy must have been the reason she couldn't give Nikolai the time of day. She was totally in love with someone else. Still, that dress†¦ â€Å"You must really like him,† I observed dryly. Her eyes widened. â€Å"Do you want to meet him?† â€Å"Er, well, I don't want to interfere with your date†¦Ã¢â‚¬  â€Å"You won't. Just stop by and say hi, okay?† It felt pretty intrusive, yet at the same time†¦ well, I was kind of curious about a guy who could get her to leave the house in that kind of outfit, particularly when she started applying really heavy makeup: extra-dark eyeliner and bright red lipstick. So I agreed to meet Rolan, and we left the house as quietly as we could. Despite wearing a coat over her dress, Viktoria still didn't want to run into her mother. We headed downtown, following a few twists and turns until we ended up behind what looked like an ordinary warehouse in an abandoned part of town. All was quiet, but a tall, tough-looking dhampir stood by a door leading into the building, his arms crossed in front of him. Viktoria brought us to a halt nearby, saying we had to wait there. A minute later, a group of Moroi men of mixed ages wandered up, chatting and laughing. The dhampir gave them a once-over and then opened the door for them. Light and music spilled out until the door shut-and all went silent again. â€Å"So this is Baia's secret dhampir world,† I murmured. She didn't hear me because suddenly, her face lit up. â€Å"There he is!† She pointed to two approaching guys. Both were Moroi. Well, who knew? Viktoria's secret boyfriend wasn't a dhampir. I guessed that wasn't too shocking, really, though the way she'd dressed tonight still bothered me. She gave him a fierce hug and introduced us. His friend was named Sergey, and he smiled politely before hurrying inside where he was apparently meeting a girl too. I had to give Viktoria credit: Rolan was hot. His hair was dark auburn, soft and wavy. The green of his eyes reminded me-painfully-of Adrian's. And when he smiled at Viktoria, it was dazzling. The look on her face was exactly like Nikolai's whenever he was around her. Rolan took a hold of Viktoria's hands and brought them to his lips, kissing each one. Those green, green eyes gazed at hers, and he murmured something I couldn't hear. She blushed and replied in Russian. I didn't need any translation to know the content was sexy and flirty. Still smiling, he glanced over at me, and although she'd introduced us, it was like he was noticing me for the first time-and was interested. â€Å"You're new here, aren't you?† he asked. Viktoria wrapped her arms around him and rested her head on his chest. â€Å"Rose is visiting. She's a friend of the family.† â€Å"Ah,† he said. â€Å"Now I remember hearing about you. I had no idea such a fierce Strigoi killer would be so beautiful.† â€Å"It's part of the job description,† I said dryly. â€Å"Will you be returning to school with Viktoria?† he asked. â€Å"No. I'll be staying here a little longer.† I still had no clue, though, if â€Å"a little longer† was one hour or one year. â€Å"Hmm,† he said thoughtfully. He looked back down at Viktoria and pressed a kiss to her hair, running his fingers along her throat. His next words were to her. â€Å"I'm glad you were able to come here before you left. I don't know how I'll get by with you so far away.† She beamed. â€Å"There was no way I could leave without seeing you one more time†¦Ã¢â‚¬  She trailed off, too overcome with emotion, and as he leaned down, hand still on her throat, I thought for an awful moment that they were going to start making out then and there. Fortunately, the appearance of an approaching dhampir girl interrupted them. Viktoria broke from Rolan and embraced the other girl. They apparently hadn't seen each other in a while and chatted rapidly in Russian, ignoring Rolan and me. Free of her for a moment, he leaned toward me. â€Å"Once Viktoria has returned to school, you'll be all alone here. Maybe I could show you around then?† â€Å"Thanks, but I've already seen everything.† He kept that big smile on. â€Å"Of course. Well, then, perhaps we could simply get together and†¦ talk?† I couldn't believe it. This guy had had his hands all over Viktoria thirty seconds ago and was now trying to score plans with me the instant she left town. I was disgusted and had to restrain myself from doing something stupid. â€Å"Sorry, but I don't think I'll be around long enough.† I got the impression that women didn't refuse him very often. He frowned and started to protest, but Viktoria returned and wrapped herself around him again. He studied me for several more puzzled seconds and then shifted his attention to her, smiling and turning on the charm. She ate it all up, and while the two tried to include me in their conversation, it was clear they were totally absorbed in each other. Rolan might be interested in me, but for now, she was an easier target-and one that wouldn't be available much longer. I felt that disgust roil up in me again. The longer we stood out there, the more I realized what was going on. All the people going inside were Moroi guys or dhampir girls. And the girls were all dressed like Viktoria. This was a blood whore den. Suddenly, Baia's secret dhampir world held no appeal. I hated it. I wanted nothing more than to get out of here. No, wait. I wanted nothing more than to get out of here and drag Viktoria away, even kicking and screaming. Rolan was sleazy, no question, and I didn't want her anywhere near him. Yet it soon became clear they weren't going to stand out in the alley all night. They wanted to go inside and do God only knew what. â€Å"Viktoria,† I said, trying to be reasonable, â€Å"are you sure you don't want to come back home and hang out? I mean, I won't get to see you tomorrow.† She hesitated, then shook her head. â€Å"I won't get to see Rolan either. But I promise I'll come see you as soon as I get home later. We'll stay up all night. Mom won't care.† I didn't know what other protests to make. Rolan's impatience, now that I'd refused him, was starting to show. He wanted to go inside. I wondered what was there†¦ a dance floor? Bedrooms? I probably could have gone with them to see for myself, despite being underdressed-or, well, overdressed as far as amounts of clothing went. Yet I couldn't bring myself to do it. All my life, I'd been taught about blood whores and why their lifestyle was wrong. I didn't know if Viktoria was becoming one-and I hoped she wasn't-but there was no way I could set foot in there. It was a matter of principle. I watched them go with a heavy heart, wondering what I'd just let my friend walk into. Seeing her in that ultra-tight dress, plastered all over him, suddenly made me reevaluate everything. How much of this peaceful life in Baia was a sham? Was Viktoria-the girl who'd called me a sister really not the person I thought she was? Confused, I turned away to head back home-And almost walked into Abe. Again. â€Å"What the hell?† I exclaimed. He wore a tuxedo tonight, complete with tails and a silvery silk scarf. â€Å"Are you stalking me?† Stupid question. Of course he was. I hoped his formal wear meant he wouldn't be dragging me off this evening. His guardians were equally well dressed. Idly, I wondered if a place like this had something to do with his illegal business dealings. Was he trafficking blood whores? Like some kind of pimp? Unlikely, seeing as most of these girls didn't require much urging. Abe gave me that annoying knowing smile of his. â€Å"I see your friend is off to an interesting night. I had no idea Viktoria had such lovely legs. Now everyone knows, thanks to that dress.† I clenched my fists and leaned toward him. â€Å"Don't you dare talk about her like that, old man.† â€Å"I'm not saying anything that isn't obvious to everybody else. It'll certainly be obvious to young Rolan soon.† â€Å"You don't know anything about them!† Yet I didn't believe my own words, not after seeing them walk off together. Abe, I could tell, knew what I was thinking. â€Å"These girls all say it won't happen to them. But it always does. It's what'll happen to you if you stay.† â€Å"Oh, here we are,† I said mockingly. â€Å"I knew a threat had to be coming. The part where you order me again to leave the country or else bad, bad things will happen.† He gestured toward the door, where more Moroi and dhampirs were going. â€Å"I don't even need to make anything bad happen. You'll do it on your own by staying here. You'll waste your life away, running errands for Olena Belikova. Potlucks will become the most exciting thing in your world.† â€Å"They're good people,† I growled. â€Å"Don't mock them.† â€Å"Oh, I'm not denying that.† He straightened his silk scarf. â€Å"They are good people. But they aren't your people. This is a fantasy. You're deluding yourself.† He was all sternness now. â€Å"Your grief has sent you here. Your man was ripped away from you, and you've ripped yourself away from your old friends. You're trying to make up for it by convincing yourself that this is your family, that this is your home. They're not. This isn't.† â€Å"I could make this my home.† I still wasn't sure of that, but my stubborn nature made me want to contradict him. â€Å"You aren't meant for Baia,† he said, dark eyes blazing. â€Å"You're meant for better things. You need to go back home, back to your school and the Dragomir princess.† â€Å"How the hell do you know about her? Who are you? When are you going to tell me who you work for? What do you want with me?† I had a feeling I was on the verge of hysterics. Hearing him refer to Lissa snapped something inside of me. â€Å"I'm merely an observer who can tell you're wasting your time here. This is no life for you, Rose. Your life is back in the States. They say you were on track to be a great guardian. Do you know what an honor it is to be assigned to the last Dragomir? You could spend your life in elite, powerful circles. The reputation you've already gained will raise you in status and regard. You have a stunning career ahead of you, and it's not too late to go back to it. Not yet.† â€Å"Who are you to talk about how I should live my life? I've heard that your hands are bloody-Zmey. You're not exactly a good role model. What is it you're involved in, anyway?† â€Å"My own affairs. And it's exactly because of the life I lead that you should listen to me when I say abandon this path and go back home.† His words were urgent and authoritative, and I couldn't believe he had the audacity to talk to me like that. â€Å"That's not my life anymore,† I said icily. He gave a harsh laugh and gestured around us once more. â€Å"What, and this is? You want to go off and be a blood whore like your friend in there?† â€Å"Don't call her that!† I shouted. â€Å"I don't care if you've got bodyguards or not. I will hurt you, old man, if you say anything else about Viktoria.† He didn't flinch at my explosion. â€Å"That was harsh, I admit. She's not a blood whore. Not yet. But she's one step away from it. As I said, it always happens in the end. Even if you aren't used by someone like Rolan Kislyak-and believe me, he will use her, just like he did her sister-you'll still end up alone with a baby you're way too young for.† â€Å"Her†¦ wait.† I froze. â€Å"Are you saying he's the guy who got Sonya pregnant? Why would Viktoria be involved with him after he did that and left her sister?† â€Å"Because she doesn't know. Sonya doesn't talk about it, and Mr. Kislyak thinks it's a game, getting two sisters into bed. Too bad for him that Karolina's smarter than the others or he could have had them all. Who knows?† He gave me a sardonic smile. â€Å"Maybe he'll consider you part of the family enough to go after you next.† â€Å"Like hell. I'd never get involved with anyone like that. I'm never going to be involved with anyone again. Not after Dimitri.† Abe's sternness gave way to momentary amusement. â€Å"Oh, Rose. You are young. You've barely lived. Everyone thinks their first love is the only one they'll ever have.† This guy was really pissing me off, but I gained enough control to decide I wasn't going to punch him. At least, I didn't think so. I backed up a little, toward the building. â€Å"I'm not going to play your game here. And you can tell whoever you're working for that I'm not playing theirs either and that I'm not going back.† One way or another, whether it was to hunt Dimitri or live with his family, I was staying in Russia. â€Å"You're going to have to box me up and ship me there.† Not that I wanted to give Abe any ideas. I suspected he could do it if he wanted. Damn it. Who was behind this? Who would want to find me badly enough to send this guy after me? Weirder still, whoever it was was someone who cared enough about me to attempt reason. If Abe had actually wanted to abduct me, he already would have. He could have done it the night he brought me to Baia. All he would have had to do was keep driving to the nearest airport. I eventually needed to figure this out, but first I needed to get away from Abe. I backed up further. â€Å"I'm leaving, and you can't stop me. And don't spy on me anymore. This ends now.† Abe studied me for several seconds, his dark eyes narrowed thoughtfully. I could practically see the wheels of plots and world domination spinning in his head. At last he said, so quietly I could hardly hear him, â€Å"It won't end with them, though.† â€Å"Who?† He pointed at the door. â€Å"Viktoria and Rolan.† â€Å"What are you getting at?† â€Å"You know what I'm getting at. She thinks she's in love with him. He knows she'll be back in school tomorrow. Tonight's his last chance with her, and he won't waste it. There are lots of bedrooms in there. They're probably in one right now.† I tried to control my breathing. â€Å"Then I'll go tell her mother.† â€Å"It'll be too late. She'd never find them in time, and tomorrow, Viktoria will be on her way to school-and he'll have no interest anymore. What can her mother do after the fact? Ground her?† I was getting angry, largely because I had a feeling he was right. â€Å"Fine. Then I'll drag her off myself.† â€Å"That'll never happen. She wants to do this. She won't leave with you. Even if she did, she'd just find him again.† I eyed him. â€Å"Enough. You're obviously hinting at something, so just get on with it.† He smiled, apparently pleased at my astuteness-or maybe my bluntness. â€Å"If you want to save her, you've got to go through him. Through Rolan.† I scoffed. â€Å"Not likely. The only way he'd leave her alone is if I offered to take her place.† And hey, friendship only went so far. â€Å"Not if I talk to him.† â€Å"What are you going to do, give him a talk on morality and sway him with reason?† â€Å"Oh, I'll sway him, all right. But believe me, I won't do it with reason-well, at least not the kind you're thinking of. If I tell him to leave her alone, he'll leave her alone. For good.† I stepped backward without realizing it and hit the wall. Abe looked scary as hell. Zmey. I didn't doubt his words at all. He could get Rolan to leave Viktoria alone. In fact, he probably wouldn't even use his dhampirs. Abe could deliver enough terror-and probably a good punch-to make it happen. â€Å"Why would you do that for me?† I asked. â€Å"As a sign of good faith. Promise to leave Baia, and I'll deal with him.† His eyes gleamed. Both of us could feel the net closing around me. â€Å"That's your tactic now? You're offering me a trade? My leaving isn't really worth you scaring some Moroi asshole.† The net grew tighter. â€Å"Isn't it, Rose?† Frantically, I thought about what to do. Some part of me thought Viktoria was free to make her own choices, to love whom she wanted†¦ but I knew for a fact that Rolan didn't love her. She was a conquest for him, as shown by his willingness to go after me-and Sonya, apparently. What would happen to Viktoria? Would she become like the rest of the women here? Would she be the next Belikov to have a baby? Even if she had no intentions of becoming a guardian, this wasn't the right path for her. Karolina had declined to join the guardians and now lived a respectable life with her kids and a job that-if not exciting-was steady and allowed her to keep her dignity. I couldn't let Viktoria turn down a road that could ruin the rest of her life. I couldn't let that happen to Dimitri's sister. Dimitri†¦ I knew him. I knew his protective nature. He would never let anything happen to those he cared about. I hated the thought of that blood whore den, but I still would have run in to get her-because that was what Dimitri would have done. But I didn't know if I'd find her there in time. I knew, however, that Abe could-and that he could keep Rolan away forever. And so, I spoke without fully understanding the consequences of my words. â€Å"I'll leave Baia.†