Online Shopping vs Traditional Shopping Essay

Shopping always has been associated with long, dragging lines, parking issues, and the hassle of driving around from store to store until we finally find what we need; but not anymore. Online shopping has given people the freedom to shop at home wearing only their pajamas and still get what they want. Although this might seem like the answer to prayers of many people, online shopping has its flaws as does traditional shopping. To facilitate this decision we have to see if online shopping can measure up to the purchasing power of traditional shopping. To do this we need to weigh both methods to see how they compare to one another. Online and traditional shopping offer choices to shoppers; knowing the risks and benefits of both alternatives is necessary for them to make a smart decision. Online Shopping: When it comes to online shopping the idea of shopping in the comfort of your own home is very appealing to most people. You also have the choice of browsing different sites to find what you need instead of wasting gas and time driving around different stores. Also, many people dread standing in long lines especially during the holiday season. Online shopping offers a retreat from these situations. Another good thing about online shopping is that things are easy to find online. You just type whatever it is your looking for on a search engine and you will get many suggestions of sites on the item. And perhaps the best feature of all is the price reduction offered by the online option. The reason for this is because taxes seem to be lower or nonexistent on some products in some states when shopping online. Online shopping also prevents consumers from walking around with a big wad of money that can be easily lost or stolen. The flaws of online shopping usually come between the reliability of the websites, the risk of identity theft, and the risk of credit card fraud committed by computer hackers. There is also a risk of running into a website that can infect your computer with various kinds of viruses. Reading online reviews about certain websites can sometimes help in this matter. Quality is sometimes an issue with online shopping because you don’t physically see or try out the product before you make the purchase. That is  a huge turn off for most people because research has shown that motor skills are very important when it comes to activities such as shopping and people just plain and simple want to see and test out what they are purchasing. For example, ladies want to test out the new perfumes but cannot do that through the computer. Sometimes there are certain items people like to try out and physically see what it looks like on them, but obviously they can’t do that online. Another disadvantage to online shopping is the fact that you have to wait to receive your item. So, if you are in a rush then you are out of luck. This probably means that grocery shopping online is not a good idea. Method of payment is another risk by itself. Usually credit cards are the preferred method but sometime you can use PayPal. But, it is risky to use credit cards online because you don’t know who is looking at your information. With that being said, it is probably a good idea to make sure you are using a good anti-virus program before going on a shopping spree online. Traditional Shopping: In traditional shopping you simply get in your car, drive to your favorite store (possibly with a friend with you) and buy what you want. It is an opportunity to socialize as well as having the excitement of being in a store with millions of products which you can see and try before you purchase. This method allows you to get the item right now without having to worry about the product being lost in the mail. Also, if you don’t like something or if something doesn’t fit you can just simply take it back to the store and get a refund or your money back instantly rather than waiting for the postal service. Conventional shopping has a certain vibe or electricity to it which is hard to experience from a computer. Traditional shopping sounds great; however it does have its issues. Some of the problems with traditional shopping include gas money spent driving around to different stores looking for what you want. Sometimes what we are looking for might be available in a store in a different state. And that makes it pretty impractical to obtain that item which leaves us to basically wait until it comes to our favorite store. Also, trying to find parking at big department stores and malls can be very troublesome. Some  people simply forget where they parked. Some people accidently lock the car keys in the car, or sometimes we have to deal with traffic jams that cause unnecessary stress. It is just the overall consumption of time and energy that most people find difficult. You will also experience a phenomenon known as shopping rage which is more common during the holidays. People get tired and frustrated during the holidays and let their frustration out on other people when shopping. It is very uncomfortable in those situations especially if you have your kids w ith you at the store while shopping. This is something you won’t have to deal with when you are safe at home on your computer. The online shopping industry is growing more and more and there is good reason to believe that this growth will continue. One major factor to this prediction is that people are in fact saving money online because of the vast availability of items and because of the competition this creates among online stores. Despite its advantages, online shopping is still a relatively new concept for most people and because of this online shopping will fall behind the traditional shopping market, at least for now. It is a personal preference when it comes to choosing the two different shopping methods. Just like anything else they have their pros and they have their cons. Just remember to shop the way you feel comfortable and you will automatically become a smart and knowledgeable shopper. Happy shopping!!!

A Synopsis of the Movie I Not Stupid Too

FIRST PAPER REQUIREMENT Movie Analysis Prepared by: LEONILA C. MIRANDA 2011-79515 Title:I NOT STUPID TOO Director:Jack Neo Producer:Chan Pui Yin Seah Saw Yam Writer:Jack Neo Casts:Shawn Lee (Tom Yeo) [pic] Ashley Leong (Jerry Yeo) Joshua Ang (Chengcai Lim) Jack Neo (Mr. Yeo) Xiang Yun (Mrs. Yeo) Huang Yiliang (Mr. Lim) Studio:Media Corp Raintree Pictures Distributor:United International Pictures Release date:26 January 2006 Running time:124 minutes Country:SingaporeLanguage:English, Mandarin, Hokkien |I NOT | |STUPID | |TOO | | | | | |SUMMARY OF THE STORY |I Not Stupid too is a satirical comedy film focused on the theme of problems in educational system, generation gap, upshots of media and abusive use of technology as a form of escapism, juvenile delinquency and other related social issues. Throughout the film, you will tend to reflect with some scenarios which you will find tremendously familiar with our country’s pertinent issues which make it appears that we are not alon e with these pandemic diseases that inflict our contemporary society.It was written and directed by Jack Neo who is widely known for his films which he used to present annotations with the intention of addressing serious issues that matters and presenting it in a humorous and youthful perspective. â€Å"When was the last time someone praised you? When was the last time you praised someone? † – These are the questions posed at the beginning of the film which made me contemplate on myself for a while and somehow gave me a glimpse of what the movie is all about.The film is narrated and seen through the eyes of the eight year old Jerry Yeo; presenting the lives, struggles and adventures of him and his brother Tom Yeo and their friend Chengcai Lim. Jerry enjoys performing arts, while Tom excels in technological aspects and a talented writer and blogger. They come from a well heeled family with busy parents. On the other hand, Chengcai is physically active and an adept fight er. Unlike his friends, he comes from a working class background and was raised by his widowed ex-convict father.The story started with Tom, receiving a trophy for being a champion blogger. But instead of being proud of his son, Mrs. Yeo confronted him, saying that writing nonsense is not awesome. As Jerry narrated, â€Å"Grown-ups think that, by telling us a lot, they are communicating. Actually, they are running their own shows. † – their parents keep on blubbering too much and don’t care about their children’s feelings as long as they are able to say their pieces. At school, Jerry was chosen as the lead narrator for their school play and encouraged by his teacher to get his parents to attend.But he falters because he knows that his parents are very busy and view performances as just a waste of money and time. Aside from this, he got bullied by his classmates who made her kiss a girl and fallaciously made him believe that he might impregnate her as what they’ve seen from the television. This made him anxious and tried to ask from adults around him on how do babies come about but none of them bother and open enough to tell him the truth. Confuse of what to do, he bought pineapples for her based from what he heard that eating this will cause miscarriage.As a result, the girl was brought in the school clinic and their parents were then called. Because of this, Jerry’s parents had an argument which then resulted to what he termed as â€Å"cold war. † On Father’s day, Tom gave Mr. Yeo a razor, while Jerry gave him a drawing illustrating how he views his father absence because of being too busy with his work. Both gifts were not appreciated. During dinner, Tom’s cell phone rang and his parents reprimanded him when he got the call. But after several minutes, their cell phones rang and left the table to answer it, leaving their children eating on their own. And when Mr.Yeo lose his important files in his laptop which he will use for a business presentation at work, Tom managed to fix it before going to school. He then delivered it to his father hoping that he’ll be praised because of what he did. But instead of thanking him, Mr. Yeo scolded him for touching his things and not being in school. Mr. Lim on the other hand, loves Chengcai very much and doesn’t want him to end up loser like him who once thought of being a good fighter but broke his leg that’s why he don’t want his son to develop his fighting skills. He has gone to great lengths to ensure that his son will turn to be good and responsible.Alas, he doesn’t communicate well with his son and disciplined him by using physical violence and throwing verbal abuses at him. After their previous fight, he accidentally tore Chengcai’s bag when he tried to pull it. So, keeping in mind of his friend’s advice about how he should show his love to his son, he bought him a cheap bag and hesi tantly gave it. Chengcai refused to accept it especially when his father failed to explain the bag’s worth and value for giving it to him. Apart from their parents, Tom and Chengcai have also problems with their teacher, Mr. Fu, who often regard them as â€Å"rotten apples. He teaches them Chinese and even bought dictionaries for them to understand his lesson aside from giving remedial classes. But he doesn’t really connect with his students through his teaching strategies and frequently focus or attack his students’ flaws and weaknesses. During a spot check of cellular phones, Tom was caught possessing a pornographic VCD. As Mr. Fu tried to confiscate it, the students passed it on each other until he was able to get it. Chengcai made an impertinent remark which provoked his teacher to hurt him and eventually leads to an exchange that intensified physical fight.Consequently, their parents were called. They begged to the principal to forgive their children and e ven tried to bribe her with various offers. But the principal remained firm as what she believes, â€Å"Rules are rules! I have to go according to the law! † And so, Chengcai was expelled, while Tom received a public caning. After few days, video of the incident was uploaded and watched in the internet which then began to appear in the newspapers and television. The public caning and teacher’s violent action towards the students was questioned.The principal stood by the school rules, policies and corporal punishments which she believes and emphasized that caning is not just about pain, but the shame that the students will feel and will then made them afraid of doing it again. After the incident that led to various school controversies, Mr. Fu submitted a resignation letter which then refused by the principal and faculty to accept. Conversely, Tom and Chengcai got recruited by a street gang. Mr. Lim again talked to the principal to plea for his son but the latter remain ed firm in her decision. Thus, with the help of his friend, Mr.Lim tried to look for other schools in the country but none of them agreed to accept his son. On the other side, Mr. Yeo set a dinner with Tom to spend time with him and tried to somehow make a connection through uttering his son’s generation lingo and giving him a 3G phone. But just the same, he didn’t also win his son’s heart and respect. As part of their initiation, Tom and Chengcai were forced to steal by their senior gang members. However, they were caught by conmen who pretended to be police detectives and demanded them to pay $2000 within their given days or be arrested and jailed.Jerry on the other hand, stole a big amount of money which then found out by his parents. Mr. Yeo enraged and caned him but got embarrassed when Jerry told him the reason behind his action. He explained that he tried to save money and resorted to stealing just to earn $500 to buy an hour of his father’s time s o they will be able to attend in his school presentation. This made Mr. and Mrs. Yeo depressed and blamed their selves because of what their children has gone through as a result of their failures and shortcomings as parents.Moreover, this also brought them to reading Tom’s blogs which he uses as his outlet to vent all his hurts, frustrations and disappointments set off by his parents and teacher who always misunderstands and misjudges him. One of his blogs contains, â€Å"My mom? She oppresses me. Everything I do is never enough for her. When I was in secondary one, I took a wrong bus and got lost. I was terrified. I called Dad from a public phone. He said he was too busy to talk. It’s scary to be lost. I got home after night fall. Mom lashed at me without asking. Slowly, I came to realize that my house is just a place where I sleep.This family seems to have it all. Actually, it feels so empty. † Through these, Mr. & Mrs. Yeo came to realize how unappreciated a nd emptied their children feel as well as their deep disappointments about them. Incapable of raising the money asked from them by the conmen and being scared of being jailed, Tom and Chengcai opted to rob an old woman of her necklace. But as they ran off, they slowly realized that what they did was wrong. Being remorseful by their action, they decided to return the necklace. After learning about what they did, the people around attacked and chased them.Tom bumped into several bystanders and dropped his cell phone. Mr. Yeo was accidentally dialed and made him saw what was happening to his son. He then left his work presentation and went to the scene together with his family. He pleads the old woman to forgive his son and explained their realizations about how he came up with it as a result of their mistakes as parents. Fortunately, the old woman listened and understood what their family was going through and told the police that she just made a prank call. On the other side, Chengca i who was also chased, slammed into gangsters and got beaten up.Mr. Lim, who happens to be on the same area saw him and tried to help and protect his son. Unfortunately, he was accidentally pushed down the stairs and got critically injured. He was then rushed to the hospital, suffering from a serious head trauma. Mr. Lim’s friend told Chengcai about his father’s struggles and efforts just to save money for his studies, look for other school that will let him in and somehow fix their relationship. She than added, â€Å"He’s willing to give up his life for you. Your Dad loved you too much. But, he didn’t know how to show his love. †Being hammered by his conscience and realizing his faults as a son, he decided to go back to school and took the risk of begging the principal to accept him again. On his last agony, Mr. Lim requested to see the school principal. He openly voiced out his failures as a father and how he grew up in a violent environment wher e no one ever cared for him which in the long run caused him being naive on how to show and give love to others. Moreover, he told Chengcai to pursue his talent for fighting and how much he loves him. Sighting this, the principal’s heart melted and allowed Chengcai to return to school and gave him chance to prove his worth.Chengcai developed and enhanced his talent with the school’s support and became an internationally recognized martial artist. Meanwhile, Mr. and Mrs. Yeo finally understood their children and managed to build up their communication and relationship with their children. They joyfully and proudly watched Jerry’s school concert and showed their full support to their talented son. The film ended with Jerry’s narration on how each of them found the key to win everyone’s heart by giving more encouragements and compliments. His last remarks avowed, â€Å"We learned that appreciation is a powerful force.This powerful force may result to the simplest words that you say or an action, or a simple expression. You never know, what you have changed. † |I NOT | |STUPID | |TOO | | | |conflicting / inconsistent beliefs, practices, views, principles, | |and/or philosophies that fall under the discourses on educational | |goals / contents and manner of teaching |The film tackled various areas – from bad parenting, up to juvenile delinquency, misuse of technology, effects of media and most especially, the problems encountered in the educational system. It provides us tough questions and paints a grim portrait of the increasingly problems and troubles of today’s youth in the society. The key point that Jack Neo tries to set forth in this motion picture is the generation gap, communication barriers and the irony in how acts of love and care by children, parents and educators wind up peeving each other.The love manifested by parents to children, children to parents and educators to students are undeniable a nd evidently viewed in the story but often disregarded by the receiving faction. These sentiments are actually true not only to Singapore, where the film was based, but also to the majority of fast paced countries – even in the developing countries similar to the Philippines. Parents’ failure to set off and build good relationship and communication with their children also of giving attention and appreciation is irrefutably the main reason of the problems facing our youths today.The movie clearly depicts how children feel muffled by their environment and often feels pressured by the adults who don’t bother to listen, instead, frequently criticized, judged and labeled them as hopeless and doomed to failure. And with parents who are way too busy to be involved in their children’s lives, but are disgusted if they don’t live up to their expectations, those youths are left with no one else to turn to – especially if they don’t even have or feel the support system from school, particularly their teachers, being their surrogate parents.In our country, being known and true to our values of having close family ties, the school plays a big role in developing our youths. Conflicting and inconsistent beliefs, practices, views, principles, and philosophies that fall under the discourses on educational goals and contents as well as manner of teaching are very apparent in the film. These has been one of the focal points that the movie wants to discuss and give consideration – the underlying problems both in the objective and subjective areas of the educational system.In the film, the lead character’s school is beset with incensed teachers who are extremely dedicated in their work, yet, exceedingly inadequate in imparting knowledge and learning. Jerry’s teacher for instance, she was not able to explain her answer in a proper way when asked by his student about where babies come from. She used other words in stead of the true terminologies in the process of reproduction in explaining. This just added confusion to the child and did not help him in dealing with the situation he was going through.He did not get any clarification to what he’s been curious at or help in solving his problem both in his family and teachers. Mr. Fu, on the other hand, characterized a Chinese teacher who can’t establish connection to his students. He developed this certain barrier between him and his students making it harder for him to establish a good teacher-student relationship. He uses a teacher-centered approach as his way of teaching. Yes, this approach focuses in the student achievements but teachers are driven to meet accountability standards and often sacrifice the ndividual needs of students just to be firm and guarantee that they will be able to meet those standards. More so, this environment only places the control of learning to the hands of the teacher where he makes connections by u sing his expertise in content knowledge. The effort to get to know his students, processing the learning, and identifying their needs are only secondary. Mr. Fu set this atmosphere of a traditional classroom where the student’s interaction is basically just responding to teacher-directed questions and lesson flow.He rarely gives chance to his students for them to construct their own learning. Mr. Fu has high hopes and expectations to his students. So to enhance their Chinese language skills, he bought dictionaries for each of them to be used in his class. But on the contrary, it didn’t serve its purpose because it was also written in Chinese characters, so the students were not able to understand its content. When he was called by the school principal about it, he was advised to somehow translate the Chinese words that he’s teaching and use in English sentences or examples so that the students will able to understand it.Aside from this, he was reminded to think forward and reflect why his students don’t show interest and fail in his subject. Because of not taking his student’s needs into consideration, he was not able to use appropriate materials and teaching strategies. As a result, he was not able to attain his learning objectives and reach his expectations from them. Apart from these, he also failed to teach and inculcate values to his students. As I quoted from his argument with Chengcai, the student told him, â€Å"If we were rotten apples, as our teacher, wouldn’t you be responsible? We often say that teachers should be a role model to his students. Mr. Fu frequently makes violent comments and utterances towards his students which made them hate him and lessen their respect to him. Instead of giving them praises and encouragements so as to develop their confidence and self-esteem, he keeps on criticizing and nagging them, pointing out their flaws and mistakes. Mr. Fu came also to the extent of hurting one of his students when the latter provoked him with harsh comments. He was questioned on as to what degree teachers should do to impose discipline to their students.This brings us to the issue of corporal punishment which was also supported by the school principal in the film. After the incident between Chengcai, Tom and Mr. Fu, she immediately decided to expel one of the students and give public caning as sanction to the other. As I’ve seen, the incident did not go through proper and deep investigation, considering that it involves a serious offense. The student’s sides and rights were not given attention. Then even right after she was able to watch the video containing the incident, she still stood to his decision.She even uttered that corporal punishment, particularly the public caning, does not only involves pain, but also the shame that the students will feel. And because of this, the child and other students will be reminded not to do offenses like those. The school prin cipal depicted a common characteristic of officials who relies on the typical phrase, â€Å"according to the law,† to avoid responsibility, thorough analyzation of the situations or problems at hand and giving of common sense solutions. Furthermore, the school principal was also questioned of not speaking in Chinese, while Mr.Fu was pushing his students to become excellent in that language. The film somehow wants to imply the importance of learning and using their own language. At least, the principal managed to explain why she has poor skills in speaking Chinese and that she’s willing to learn and improve. Aside from these, I also observed that the teachers don’t communicate with the parents in various matters about the student. For instance, Jerry’s teacher did not make it a pint to at least help the child in reminding and encouraging the student to make his parents attend the concert.Knowing that she always reminds Jerry about the concert tickers for h is parents, she should have thought that there’s a problem and she could make a way to communicate them, explain the importance of the performance to their child and encourage them to come. On the other side, Mr. Fu was not also able to communicate especially to those students who he observed to have difficulties and failing in his class. In this event, he could make an inquiry to the parents if the child has personal problems which hinder him n participating in the class or somehow suggest how he could help with the parents to work out on the child’s improvement. |I NOT | |STUPID | |TOO | |STRENGTHS AND WEAKNESSES OF CONFLICTING POSITIONS | |REQUISITES OF SUCCESSFUL | |TEACHING INSIDE AND OUTSIDE THE SCHOOL SITUATION | Education is not the filling of a pail but the lighting of a fire. † ~ William Butler Yeats. † Formal education aims to cultivate the intellect, develop reasoning, inculcate moral and sound judgment, develop values and spirituality, and as sist individuals towards attaining full potential growth. All individuals can be taught, it’s how the teachers teach them. When we teach, we do not just teach the content, we teach students the content. Effective teaching involves organizing the learning objectives, assessments and instructional activities focusing on the student’s overall development.There are two contrasting viewpoints on how to properly instruct children in the classroom. In teacher-centered approach, the role of the teacher is to dispense knowledge and student’s role is to listen and memorize. While in student-centered or constructivist approach, the children are more in control of their learning. Is a teacher simply the dispenser of information or a facilitator of learning? Both approaches works best if we will blend it together. With these, teachers can promote higher order thinking skills and develop students holistically.If teachers will apply both of these methods, they will be able to achieve their learning objectives with the help of providing proper teaching strategies, techniques and materials. Moreover, teacher-student communication should also be developed because it will lead to good learning relationship and improvement. Making connection with the students will greatly help the teachers in identifying their individual and specific needs so as to be able to supply and provide appropriate teaching methods and approaches.Through this, educators will not only develop the child’s intellect but also inculcate values which will then complete their totality as a person. Student’s rights as learners and as person should be recognized and take into consideration. Using reinforcements will help in motivating and encouraging them to focus and develop interest in their studies. More so, they should be given proper guidance and counseling to help them in mental, emotional, social and spiritual adjustments and development as they go through the path towards becoming a productive and worthy individual.There’s an idiom that says, â€Å"the exception proves the rule. † This implies that the presence of an exemption applying to a specific case establishes that a general rule existed and that there’s always an exemption to the rule. Even if we have this rules like giving corporal punishment, as what the film showed, school officials should consider the specific consequences that it may resulted. Children cannot only be taught by scolding and hurting them. There are various ways that educators can do to impose and develop discipline among students.As part of the academe, we should be sensitive enough in molding the future generation. We should make decisions not only from the basis of the rules or laws but also taking into concern the responsible, moral and fair judgments, foreseeing its consequences and outcomes especially when our children’s future is at hand. An effective teaching and educational objective sho uld include the following ABCD approach: Audience, Behavior, Condition and Degree. The main focus of teaching is the audience which includes the learners.Identifying their needs and skills are the key of knowing what kind of methods or techniques that teachers can apply. Next is the behavior which involves the three learning domains – cognitive, affective and psychomotor. It should focus on developing student’s behavior in understanding, value clarification and performance. Meanwhile, condition connotes the learning environment and atmosphere that the teacher imposed which may motivate and encourage students to learn and improve oneself. Lastly, the degree which suggests the rocess of evaluating the student’s outcome and standard or criterion for judging the academic and behavioral performance of the learners. Teaching students is not an easy job to do. It should not end in the classroom. Teachers are considered as one of the most important agents of constructiv e change in society. With the proper knowledge, understanding, techniques, strategies and experiences in handling learners, we can be able to mold the hearts and minds of the youth who will become the future leaders and citizens of the country.

BristolMyers Squibb Company Essay Research Paper Joseph

Bristol-Myers Squibb Company Essay, Research Paper Joseph Esposito Intermediate Accounting II Dr. Ahmed Goma Bristol-Myers Squibb Company# 8220 ; A Critical Analysis to Disclosure in Financial Reporting # 8221 ; Bristol-Myers mission is to be the preeminent planetary diversified wellness and personal attention Company. Bristol-Myers seeks to accomplish success in the planetary market place. Product- Bristol-Myers is a shaper of many utile merchandises that people use and may depend on today. There merchandises range from Pharmaceutical ( $ 8,672 million ) , consumer medical specialties ( $ 4,278 million ) , Clairol a good known hair attention system ( $ 1,160 million ) , Matrix ( $ 306 million ) , Mead Johnson nutritionary ( $ 1,789 million ) , Convatec ( $ 726 million ) , and Zimmer ( $ 1,134 ) . Some of Bristol-Myers more good known Pharmaceuticals are Taxol which is a anticancer agent that Bristol-Myers Squibb has made one of its top research and development precedences worldwide and Pravachol received FDA labeling as the universe # 8217 ; s first lipid take downing drug to forestall first bosom onslaughts. Some of Bristol-Myers well-known world-wide consumer merchandises are Ban ( deodourant ) , Nuprin, Bufferin and Excedrin ( concern alleviation drugs ) merely celebrated its thirtieth twelvemonth. Clairol is known as one of he most widely used hair attention merchandises around the universe. Matrix a subordinate of Bristol-Myers makes merchandises such as Vavoom and Biolace hair attention merchandises. Mead Johnson Nutritional another one of Bristol-Myers really successful subordinates trades with vitamins and pamper expressions such as well-known favourites like Enfamil which is said to be every bit close to breast milk. Convatec which deals with lesion, skin attention and chronic attention merchandises. Finally, Zimmer is a shaper of surgical attention devices. Industry- Bristol-Myers Squibb Company is in one of the most competitory industries in the universe. In the last 10 old ages pharmaceutical merchandises have become progressively of import. With such diseases such as Aids and Cancer blighting our society, companies such as Bristol-Myers have to take a lead function in contending these deathly diseases. Bristol-Myers is known as one of the leaders against malignant neoplastic disease. In January of 1991 Bristol-Myers was chosen by the National Career Institute ( NCI ) to go a commercial developer of Paclitaxol, now Taxol, which is the discovery intervention against Ovarian and chest malignant neoplastic disease. Taxol comes from a rare species of yew tree found in the U.S. Pacific Northwest. Fabrication of the substance International Relations and Security Network # 8217 ; t easy due to the 50-step procedure taken to pull out it. Bristol-Myers made Taxol its figure one Research and Development precedence. Bristol-Myers leads worldwide in Cancer research and prides itself on it. Market- Bristol-Myers Squibb Company # 8217 ; s market International Relations and Security Network # 8217 ; t merely the U.S. Its market extends all over the universe, from Europe, Asia and South America. One of Bristol-Myers biggest market is Eastern Europe. A Magyar company named Pharmavit develops one of Eastern Europe # 8217 ; s most popular vitamins called Plusssz. Plusssz has achieved 97 per centum name acknowledgment in Hungary. Fifty per centum of the people have used the merchandise while 24 per centum usage it on a regular basis. The Plusssz line has become so successful that Mead Johnson, Bristol-Myers planetary nutritionary concern, is test selling Plusssz for launch in the Philippines and many other parts of the universe. Plusssz has established Bristol-Myers as an instant participant in Hungary, a market that is among the most competitory in all of Eastern Europe. Similarities and Differences- There are many similarities and differences between Bristol-Myers Annual Reports, Form 10K and 10Q Reports. The one-year studies for Bristol-Myers are really colourful and elaborate. However the Form 10K and 10Q studies are non colourful but merely Fiscal Statements. The one-year study is designed for the stockholder and informs any would be purchaser. Whereas the Form10K and 10Q studies are in apparent black and white and function the intent of informing none merely the Securities and Exchange Commission ( SEC ) . It is non sent out to stockholders or would be stockholders so it isn # 8217 ; t as brassy and calendered as the one-year study. The Form 10K study has many studies inside. The 10K first begins with an debut merely as the one-year study does with a description of Bristol-Myers. It than goes into item about its merchandises much like the one-year study, nevertheless with no images or colour which the one-year study uses to its advantage. Howev er the 10K study doesn # 8217 ; t explicate in item about the merchandises. It gives a short description whereas the one-year study goes into full item about all its merchandises. After merchandises the 10K goes into item about its Domestic and Foreign operations. It starts speaking about belongingss and some of Bristol-Myers legal proceedings. The one-year study besides talks about its judicial proceeding # 8217 ; s but it hides it manner in the dorsum of the study. Largely everything from growing to success is talked about in the one-year study. After judicial proceeding # 8217 ; s the 10K goes into more about the Executive Officers, there names and ages to their place on the board. The Form 10K study is a study that is published by the financial twelvemonth while the Form 10Q study is published quarterly and the one-year study is done every twelvemonth. The Form 10K study uses a five-year fiscal sum-up. The Form 10Q studies about the company in quarters, while the one-year study summarizes the twelvemonth. In 1994, Note 1 of the Accounting rules negotiations about the Basis of Consolidation. Which merely explains that the fiscal statements have Bristol-Myers and all of its subordinates. Cash and Cash Equivalents which is the hard currency on hard currency equivalents that mature in three months or less at the clip of purchase, recorded at cost, which approximates market. Time Deposits and Marketable Securities are available for sale and are recorded at just value, which approximates cost. Inventory rating are by and large stated at mean cost, non in surplus of market. Property and Depreciation- outgos for extra reclamations and improvement # 8217 ; s are capitalized at cost, while depreciation is computed utilizing the straight-line method. The extra to be over the net assets received prior to October 31, 1970is being amortized on a straight-line footing over periods non transcending 40 old ages. The net incomes per portion are computed utilizing the weighted-average figure of portion s outstanding during the twelvemonth. Note 1 Accounting Principles is the same enemy 1995 and 1996. In 1994 Note 2 they talk about Particular Charge, which explains the judicial proceeding # 8217 ; s of the company for that twelvemonth. It is the same for 1995. In 1996 Note 2 they talk about all of there acquisitions for the twelvemonth alternatively of the judicial proceeding # 8217 ; s from the old twelvemonth cause a colony was made in 1995. For 1994 and 1995 they talk about acquisitions in Note 3. For Note 4 in 1994 and 1995 they talk about the restructuring programs for the twelvemonth. In 1994 and 1995 they explain foreign currency passage and in 1996 it is included under note 4. In 1994 and 1995 note 6 explains other income and disbursals and in 1996 they talk about there stock lists. In 1994 and 1995 note 7 contains information on proviso for income revenue enhancements, net incomes before income revenue enhancements, nevertheless in 1996 belongings, works and equipment in note 7. In 1994 and 1995 stock lists is explained for note 8, but in 1996 short-run adoption and long-run debt is the high spot for note 8. In 1994 and 1995 note 9 contains the belongings, works and equipment information, but 1996 shareholders equity is in note 9. Accrued disbursals and other liabilities are given in 1994 and 1995 for note 10, but in 1996 they talk about the fiscal instruments. In 1994 and 1995 note 11 goes on about the short term adoption and long term debt and in 1996 note 11 negotiations a small about rentals. Financial Instrument is headlined in note 12 for 1994 and 1995, nevertheless 1996goes into the section information. In 1994 and 1996 retirement benefits are e xplained in note 13, but in 1995 shareholders equity is the pick here. In 1994 and 1996 note 14 contains postretirement benefits plans other than pension, and in 1995 rental is the topic. In 1994 shareholders equity is brought up and 1995 postretirement benefits and plans other than pensions are talked about in item while in 1996 the eventualities of the litigation’s are brought up and there consequences. In 1994 note 17 contains the section information foe the companies merchandises are reported. In 1995 eventualities is the topic of the consequences of their litigation’s through the twelvemonth. And in 1994 eventualities is the concluding note 18. Note 9- Stockholders # 8217 ; Equity: On December 3,1996, Bristol-Myers Squibb board of managers authorized a two-for-one split of it common stock effectual February of 1997. The board besides recommended an amendment be considered for blessing at the one-year meeting of shareholders to increase the figure of authorised portions of common stock from 1.5 billion to 2.25 billion portions. Each of the companies preferred portions are exchangeable to 8.48 portions of common stock and is callable at the companies option. The decrease in 1996, 1995, and 1994 were a consequence due to the transition in common stock. The dividends per common stock for 1996 was $ 1.50, 1995 it was $ 1.48 and in 1994 it was $ 1.46. Stock Compensation Plans: The company allows officers, managers and cardinal employees to buy company # 8217 ; s stock at no less than 100 % of the market monetary value on the day of the month the option is granted. Options by and large become exercisable at installments of 25 % per twelvemonth and have a upper limit of 10 old ages. The program besides provides granting of stock grasp rights where the grantee may give up exercisable options and receive common stock or hard currency measured by the extra market monetary value of the common stock over the exercising monetary value. This program besides guarantees certain executives allowing of performance-based stock options. Under the TeamShare Stock Option Plan, all full clip employees, excepting cardinal executives that meet certain old ages of service demands are granted these options to buy the company # 8217 ; s common stock on the day of the month of the market monetary value. The company authorized 30,000,000 for issue under this program. As of December 31,1996, 20,250,800 options were granted under the program with 400 options granted to eligible employers. These options become exercisable on the 3rd anniversary day of the month. The company applies the Accounting Principles Board sentiment No.25, Accounting for Stock issued to Employees, in accounting for its programs. If the compensation cost for the companies other stock option programs been determined based on the just value at the grant day of the month consistent with the metrology prescribed under Statement of Financial Accounting Standards No. 123, Accounting for Stock-Based Compensation, The companies net income and net incomes per port ion would hold been reduced by $ 55 million or $ .05 per portion in 1996 and $ 35 million or $ .03 per portion in 1995. The just value of options granted in 1996 and 1995 were $ 8.51 per portion and $ 6.47 per portion utilizing the Black-Scholes option-pricing. At December 31, 1996, 104,976,640 portions of common stock was reserved for issue to the stock programs options of the preferable stock. For each outstanding portion the company gives one Right. The Right becomes exercisable if the individual or group acquires good involvement of 15 % or more, of the companies common stock. Each Right entitles the individual to purchase one one-thousandth of a portion of a series of preferable stock at the exercising monetary value of $ 200. The Right expires on December 18,1997. Each Right entitles its holder to get portions have a value twice the Right # 8217 ; s exert monetary value. The company than can deliver the Rights at $ .01 per Right at any clip until the 15th twenty-four hours after the proclamation that a 15 % place has been acquired. Note 1 Accounting Policies: Note 1 Accounting Policies are the same in all three old ages: Footing of Consolidation The amalgamate fiscal statements include the histories of Bristol-Myers Squibb Company and all of its subordinates. Cash and Cash Equivalents Cash and hard currency equivalents chiefly include securities with a adulthood of three months or less at the clip of purchase, recorded at cost, which approximates the market. Time Deposits and Market Securities Time sedimentations and marketable securities are available for sale and are recorded at just value, which approximates cost. Inventory Evaluation Inventories are by and large stated at mean cost, non in surplus of market. Capital Assets and Depreciation Outgos for add-ons, reclamations and improvement # 8217 ; s are capitalized at cost. Depreciation is by and large computed by the straight-line method based on the estimated utile lives of the related assets. Excess of cost over Net Tangible Assetss The surplus of cost over net tangibles assets receives in concern acquisitions is being amortized on a straight-line footing over periods non transcending 40 old ages. Net incomes Per Share Net incomes per common portion are computed utilizing the leaden mean figure of portions outstanding during the twelvemonth. The consequence of portions issuable under stock programs is non important. Bristol-Myers recorded a $ 310 million restructuring charge, $ 198 after revenue enhancements, in the 4th one-fourth of 1995. The restructuring had to make with the consolidation of workss, and installations related to employees expirations. The charge consisted of employee related costs of $ 190 million, $ 100 million of assets write-downs and $ 20 million of other related disbursals. Note 10 Fiscal Instruments: Bristol-Myers enter a foreign exchange option and send on the contracts to pull off its exposure to its currency fluctuations. Bristol-Myers has been exposed to foreign currency assets and liabilities, which totaled $ 1,640 million, $ 1,385 million and $ 1,117 million at December 31, 1996, 1995 and 1994. The chief currency it is in is Deutsche Markss, Gallic francs, Italian lira and Nipponese hankering. The company mitigates the currency and its consequence through 3rd party borrowers and foreign exchange forward contracts. Foreign exchange option contract normally expire within the twelvemonth and are used to fudge intercompany cargos happening during the twelvemonth. Additions are recognized in the same period as the weasel-worded minutess. Some foreign exchange forwards are used to minimise exposure to fluctuating exchange rates. Additions or losingss are recognized as weasel-worded minutess. The sums of the companies contracts at December 31, 1996, 1995 and 1994 were $ 1,331 million, $ 1,377 and $ 1,120 million. The company does non fear for any inauspicious consequence on its financials ensuing from its engagement in this. At December 31,1996, 1995, and 1994 the transporting value of all fiscal instruments, both short-run and long-run, equal the just value. Decision I found Bristol-Myers to be a really interesting company. They have a wide scope of merchandises and they are known around the universe. Whether it is in the United States or every bit far as Europe and Asia. They lead the universe in malignant neoplastic disease research, but at that place research and development goes beyond merely contending malignant neoplastic disease. They have managed to dunk at that place manus in every market in the universe. Whether it is malignant neoplastic disease research to basic nutritionary demands to hair merchandise. Everything that we might utilize and take for granted might hold been produced by Bristol-Myers or one of there subordinates. Bristol-Myers genuinely has an border in what of all time they do. Strong competition though given from there rivals like Merck and Johnson A ; Johnson will assist Bristol-Myers acquire in front. Merely with this type of competition will companies win and will the people who need there valuable medical specialt y.

Mastering Time Management Essay Example | Topics and Well Written Essays - 750 words - 1

Mastering Time Management - Essay Example How an individual allocates time for different activities depends upon his level of education and understanding of life. As a manager one must first know how to manage oneself and only then can one manage an organization or a subordinate. One has to identify what is important in life and spend more time on that. If one knows of the hectic week ahead, decisions and planning in advance helps (Green & Skinner, 2005). Prioritizing work reveals that some work could be delegated or were not really important. It can help to avoid stress that reduces efficiency. Stress also leads to high absenteeism and labor turnover, all of which can be measured in terms of money. Time management can help to avoid missing deadlines which hampers customer relations, affects the image and competitiveness of the firm. it helps to develop cognitive skills. It enables a person to be more organized, assertive, he is able to prioritize work and achieve targets. The whole environment is less stressful and results in better health conditions of the employees. In the field of nursing time was a condition that structured the planning, accomplishment and result of nurses’ work (Bowers, Lauring & Jacobson, 2000). Their main source of job dissatisfaction was too little time. Limited time makes it difficult to complete the required work and it is difficult to spend time with residents. Timing is important even in political campaigns and decisions. It can mar the campaigns if some events in the nations erupt just during that period. Timing makes or breaks the situation; timing influences the victory or loss as in the case of Rudy Giulani who faced bad news from the drug indictment of his South Carolina chairman to criticism for skipping meetings of the Iraq Study Group (MSNBC, 2007). The timing could not have been worse as the string of events came just as national polls showed him ahead of his rivals. People want to ‘manage stress’. Managing

Superannuation Assignment Example | Topics and Well Written Essays - 1000 words

Superannuation - Assignment Example Adam can use this option to increase his superannuation with $90,000 more dollars so as to make the total amount of his superannuation funds to be $540,000. This option is only allowed for persons who are below fifty five years of age and Adam is eligible as he is fifty three years old. Employers are required to contribute 9.5% of their workers earnings to their superannuation funds. Adam’s is earning $35,000 and thus his employer is required to pay $3,325 towards Adam’ superannuation fund. The Low Income Superannuation Contribution refund is applicable to Adam because he earns less than $37,000. This scheme is applicable to people who whose superannuation contribution is made by their employers and those that earn less thus $37,000. Adam meet these two requirements thus he is eligible for the scheme. The amount in dollars that will actually be invested in Adam’s superannuation fund is $3,325. This is because the Low Income Superannuation Contribution refund is a refund of the concessional tax levied on employer’s contribution. Thus considering this scheme, the total amount of employer’s contribution will be invested in Adam’s superannuation fund. Benjamin should consider making personal contributions of $180,000 to his superannuation fund. Then if he is employed his employer will pay for his contributions where he will be eligible for the Low Income Superannuation refund thus the total employer’s contribution will be invested in his fund. The requirements in a SMSF investments strategy are; considering business risks, the investment must give adequate gains to the fund members, the investments must be diversified sufficiently, the needs, employment and income needs of the members must be met by the investment and finally the fund has to be able to sustain the investment as well as pay member benefits. The considerations that have to be made while making an SMSF investment are majorly

Case Study Example | Topics and Well Written Essays - 500 words - 14

Case Study Example It is mainly written from the perspective of the business and the compulsions and challenges that they have to meet in order to survive and compete within the highly volatile market. Looking from the health care perspective, the articles become highly relevant as they tend to focus on influencing the decision making process of the end users. Healthcare imperatives have increasing become hugely important for the customers. In the age of advancing technology, the customer has become more empowered with informed choices on the subject. The internet facilitates not only research but also the medication. Berndt says that anticipating needs of the customers and help developing customized report that meet the specific healthcare needs of the customer can give distinct boost to influence customer’s decision making processes. While the availability of treatment is available on the net, the Online Analytical Processing or OLAP offers customized reports on specific topic based on his unique needs rather than trend. Thus, customers are better equipped with information that suits his healthcare needs vis-Ã  -vis detail information about illness, medication, specialists based on geographical location etc. Veccia’s article is a wake-up call for businesses to evolve new ways of identifying customers’ changing preferences and helping them meet. In the current times, speed, differentiation and scalability have become extremely critical inputs which the traditional marketing research cannot meet. Hence, competitors’ offering, attributes associated with product and research that correlates these attributes to the requirements of customers become important factors. She suggests that forced choice technique greatly helps to identify the characteristics that are preferred and speeds up the process of new product development or value addition to the product. This applies to the healthcare products also. Indeed, Berndt’s proposal for preparing customized

Contemporary management issues Essay Example | Topics and Well Written Essays - 2500 words

Contemporary management issues - Essay Example In addition, the rapidly altering conjugal as well as worldwide environment augmented the call for associations in addition to their managers to uncover fresh ways to take action in order to uphold plus boost their performance. One of these novel strategies has been the increasing use of worldwide outsourcing of information technology, services, as well as manufacturing works to countries abroad in order to trim down the working costs that have shown the way to the loss of millions of jobs within the United States along with the panorama of additional major job losses. Also, to amplify their worldwide competitiveness, there has been increasing pressure on managers to put together new-fangled information technology into each and every one of the features of organizations processes to perk up the elements of efficiency as well as client receptiveness. As a final point, the growing multiplicity of the worldwide workforce has made it very important for managers to appreciate how with why public diverges, so that they can efficiently administer in addition to harvesting the remuneration of diversity. The responsibilities that managers have got to carry out professionally as well as successfully have become more compound and demanding than ever before.( George , 2007) The Challenges for Management in a Global Environment For the reason that the world has been varying more speedily than ever before, the managers along with other employees all the way through an association have got to achieve at higher as well as senior levels. Within the last 20 years, antagonism among associations contending nationally (inside the same country) as well as internationally (within countries overseas) has augmented noticeably. The increase of international organizations, organizations that function as well as struggle within more than one country, have put stern pressure on many other associations to progress their performance as well as to recognize better ways To use their resources. The accomplishment of the German chemical companies Schering in addition to Hoechst, Italian furniture producer Natuzzi, Korean electronics companies Samsung and LG, Brazilian plane maker Embraer, in addition to Europe's Airbus Industries are laying pressure on association within other countries to hoist their echelon of performance to contend productively with these international companies. Even in the not-for-profit sector, international antagonism is provocative change. Schools, universities, police forces, in addition to government agencies are re-examining their processes because of looking at the way things are done in other countries. For example, many curriculum and teaching changes in the United States have resulted from the study of methods that Japanese and European school systems use. Similarly, European and Asian hospital systems have learned much from the U.S. system-which may be the most effective, though not the most efficient, in the world. Today, managers who make no attempt to learn and adapt to adjustments within the international environment find themselves respond rather than innovating, and their organizations often become uncompetitive and fail.53

Management Information and Communication System Essay - 2

Management Information and Communication System - Essay Example The accounting applications of the ES are the most significant merits of an ES in that there is integration of cost, profit, and revenue information of sales that are presentable through granular way (Shang and Seddon, n.y, p.1-3). The ES entails Enterprise Resource Planning that has significant impact on the manufacturing process. Additionally, the management is able to make better plans in the organization via the consolidated picture of inventory, sales, and receivables presented by the ES. The adoption of the ES results to a reduced inventory cost due to the incorporation of SCM, CRM and ERP concepts that aid in better planning, follow-up and forecasting of requirements. The ES considerably enhance improved interdepartmental communication and better employee performance because of proper sharing of information across all departments of an organization. The ES also serves as a barrier to the entry of redundant data and processes throughout the system as all systems are integrated in an organization. However, the Enterprise systems entail a lot of challenges and demerits. Disadvantages of Enterprise Systems There are problems associated with delivering flexibility that emanate from the ES manufacturing companies being forced to respond to fast changes in customer requirements and technology which subsequently leads to huge demands on the flexibility of supply chain systems. In addition, ES suffers software complexity issues. This is due to the increased configuration complexity where the hardware, operating system, database and storage, and applications are hard to operate. Another disadvantage attributes to the difficult in optimal servicing of the installed equipment base and the challenge... The researcher of the essay "Management Information and Communication System" description of enterprise systems. Also the researcher mentions their advantages and disadvantages. In the end the researcher describes supply chain management systems. Enterprise systems (ES) are large scale application-software packages that entail enterprise resource planning (ERP) software, customer relationship management (CRM) packages, and supply chain management (SCM) packages from vendors like Oracle, PeopleSoft, and SAP. Subject to their application, Enterprise Systems can significantly change the way an organization functions. Indeed, there are variant business advantages and disadvantages of the adoption of Enterprise systems in an organization setup. In conclusion, the author finds that enterprise systems have fundamental impact on the management of any organization. They are involved in organizational functions, processes, reporting, data analysis and information flows. Though they are more te chnical and costly, the benefits of enterprise systems supersede the demerits of enterprise systems upon adoption in an organization. On the other hand, supply-chain management systems draw a huge significance in the business environment. They relate to coordinate planning, production, and logistics with suppliers. Their application in the business generates numerous benefits to the reference business. However, Supply chain management systems do not apply universally in different businesses.

History of Municipal Solid Waste (MSW) Research Paper

History of Municipal Solid Waste (MSW) - Research Paper Example Introduction Open dumps and landfills have been used over the years as a place for waste disposal. Open dumps were used back in 1950’s and 1960’s. However, they unhygienic and had a lot of negative impact to the environment. Therefore, most of them were illegally created. Later, in 1970’s early landfills were created to cover the dump sites so as to reduce it impact to the environment. However, this early landfills lack proper equipments and designs that enabled the waste to be disposed off properly. This brought more research and modern landfills were created. These landfills are well deigned, planned and monitored thus improving waste disposal method. Further, these landfills also act as sources of energy and revenue to municipalities. 1. Open dumps are abandoned piles of garbage, household appliances, bags of yard waste, used tires and demolition debris such as shingles, lumber, asbestos and pipes in large quantities. There are commonly found in backyard, fore sts, abandoned swimming pools and buildings. Generally, open dumps are created when making building foundations (Binder et al, 2007). Open dumps are usually not permitted thus illegal. Often, if open dumps are allowed they tend to grow very large. 1a There are many problems associated with open dumps as it possesses safety, health and environmental threats. These environmental threats include; air pollution: open dumps has garbage’s of from different source which react to produce toxic gases. These toxic gases are inhaled by humans and animals around the area thereby causing respiratory diseases. Open dumps also cause water contamination in rivers, streams, lakes and even ground water. This leads to drinking water contamination thus resulting to water scarcity as water is a scare resource. Furthermore, open dumps cause a lot of damage to the natural ecosystem that is the plants and wildlife habitats. They cause soil contamination, which does not work well with the plants and animals. Evidently, local communities near open dumps have high prevalence of diseases such as malaria because open dumps carry disease carrying mosquitoes, rodents and flies. Moreover, open dumps cause a loss of aesthetic value of a location. Due to the many types of garbage in the open dump it makes the area unattractive, smelly and unbearable environment. Lastly, open dumps cause fire and explosion which in turn cause severe damage to the environment. These also decrease the quality of life of residents and local community living around it. 2 Early landfills were constructed without much technology and designing put to it. They were constructed in the 1970’s, to control the problem of odors as a result of sanitary landfills. They mainly entailed installing cover system in formal dumpsites to deal with the problem of windblown refuse and often fires caused by the open dump sites. These early 1970’s landfills were constructed without leachate and liners collection sys tems (Reno, 2008). Lack of leachate collection system becomes one of the major problems associated with these landfills. 3 Leachate is the liquid that comes from dew and rain, and natural moisture penetrates through waste. It moves through the waste dissolving salts, picking up organic components and leaching heavy metals. Furthermore, landfill leachate has an organic strength greater than 20 to 100 times that of raw sewage. Consequently, this makes it a potentially potent polluter of groundwater and soil.