Saturday, August 22, 2020

Management of Information Technology Facilities Management

Question: Examine about the Management of Information Technology for Facilities Management. Answer: Presentation The significant point of this specific diary is to record the exercises just as the advancement dependent on the culmination of this particular task. So as to achieve the point of this diary, the exploration exercises that are the exercises to be actualized in HSC would be recognized just as shown in this diary. Then again, the date of the examination conversation or the action would be indicated with the assistance of this diary. Additionally, the sites visited regarding gathering data and different references got to would likewise be referenced. Finally, the time term of the movement would likewise be referenced in this diary. Research Activity This exploration is contained a few exercises of IT administration the board in HSC. the IT tea of HSC needs to discover the significance of ITSM for the organization so as to have a powerful procedures set up for overseeing IT administrations. The significant activity of the IT group of HSC is the discussion of the necessities of business into the arrangements of innovation. Then again, the group needs to proceed with the appropriation of ITIL with the procedures from the period of the administration methodology. The group would likewise examine the advantage of the usage of the administration technique. Likewise, the administration configuration procedures would be distinguished by the IT branch of HSC. They would likewise suggest the administration configuration forms with the most noteworthy need for HSC. The IT group of would be cautious about the focal points just as the drawbacks of the ISO/IEC 20000 accreditation. Date, Timeline and sites visited for the Activities The exercises would be actualized from the long stretch of July in 2016 onwards. There are a few sites those can be compelling for the IT branch of association as far as developing the whole research. The sites with the data ITSM, ITIL just as the ISO/IEC 20000 affirmation would be successful for the association. In particular, the entirety of the exercises to lead the whole research, a particular sum time would be required for the association. The examination can be proceeded for a half year. End The diary has for the most part given an outline of the exercises those are to be inquired about; the course of events to finish the exercises just as the sites from which the information sources would be assembled. From the whole conversation made in this diary, it has been certain that the examination with the exercises must be little yet minimal so the result of this exploration can be commendable for the association. Official Summary This specific report is for the most part intended to exhibit the exercises to execute ITSM in HSC by receiving ITIL. It intended to actualize the significance of ITSM for HSC to have viable procedures for dealing with the administrations or its activities. Then again, the administration methodologies of the ITIL have likewise been executed those are gainful for the IT activity the executives of HSC. What's more, the administration configuration forms have been exhibited in this report just as the high need has been set among the procedures of the administration plan. Besides, the advantages just as the downsides of the ISO/IEC 20000 affirmation for HSC have likewise been actualized and outlined in this report. Letter of Transmittal The Chairman Mr. Do Hung Viet Ho Chi Minh Securities Corporation (HSC) Vietnam Regarded Sir, This report examines the execution of ITSM in HSC, the administration procedures of the ITIL, the administration configuration forms and the advantages just as the downsides of the ISO/IEC 20000 accreditation. A short history organization foundation has likewise been exhibited in this report. It is likewise finished up with having overall population perspectives and suggestions. Yours Sincerely, Anh Diep Head of IT Presentation Data Technology Service Management alludes to the whole exercises which is for the most part coordinated by the strategies, organized just as sorted out in the supporting techniques and procedures those are performed by an organization or the piece of an organization for controlling, working, conveying and arranging IT administrations (Barafort, Di Renzo and Merlan 2012). Then again, Information Technology Infrastructure Library is set of IT administration the executives rehearses that point on its arrangement administrations with the business prerequisites (Foster and Kesselman 2013). Nonetheless, ITIL supports the International Service Management Standard or ISO/IEC 2000 for the IT administration the executives (Cox 2013). This report is for the most part planned to examine just as exhibit the basic consciousness of the Information Technology Service Management significance just as the necessity for the organizations for guaranteeing that compelling procedures are set up for dealin g with the IT frameworks noteworthy administration. This report has additionally meant to exhibit the consciousness of the commitment just as the idea of the Information Technology Infrastructure Library just as ISO/IEC 20000 as far as giving the systems of good practices for the Information Technology Service Management. Aside from that, another major and critical point of this specific report is to show the possibility just as the limit with regards to assessing just as grasping the related jobs and duties, exercises and destinations for empowering the powerful improvement, the executives just as arranging of its procedures administrations. What's more, this report on the ITSM, has likewise centered for applying the worldwide standard for the Information Technology Service Management to the contextual analysis of HSCs ITIL reception in their IT activities by consolidating the constant improvement of administration, administration activity, administration change, administration con figuration just as the administration methodology of IT. Organization Background Ho Chi Minh Securities Corporation (HSC) is the honor winning just as the main expert protections financier just as value firm in Vietnam which is one of the quickest creating economies of Asia (Anon 2016). This association for the most part conveys a far reaching rundown of the monetary administrations for the institutional just as private customers offering proficient guidance of venture sponsored by trusted just as strong research (Anon 2016). It has set up for HSC an excellent reputation to associate organizations to financial specialists and making long haul associations. Significance of ITSM at HSC Data Technology Service Management has actualized the nearness of ITSM acknowledged in both of the enormous and gigantic activities those are of worldwide measured and he developing and medium ventures too (Iden and Eikebrokk 2014). Every one of them have felt the need just as significance of it and furthermore have pursued for receiving ITSM into its usefulness (Fitzsimmons and Fitzsimmons 2013). Notwithstanding, the issue is in the way that not a large portion of these organizations comprehend the real significance of ITSM. A large number of the endeavors have quite recently executed the Service Desk that isn't the ITSMs genuine significance (Davenport 2013). Data Technology Service Management is shown in Information Technology Infrastructure Library as the help just as conveyance of Information Technology benefits those are reasonable to the necessities of the matter of an organization (Ali, Soomro and Brohi 2013). In the event of Ho Chi Minh Securities Corporation, this associati on is an honor winning just as the main expert protections value and business endeavor in Vietnam that is one of the quickest creating economies in Asia (Schwalbe 2015). Hence, the Information Technology branch of this association underpins a large portion of the pivotal just as basic administrations of the business inside the undertaking and as such the organization was watching out for the rules of Comprehensive Service Management that HSC can receive. In this way, the association has a few exclusive standards from the Information Technology branch of HSC (Nurfaizah, Utami and Arief 2015). As a division, accordingly, HSC needed to be guaranteed that, the association was sure the venture could offer a steady stage that was prepared for any sort of projection before the business took up any large difficulties (Chauhan, Raman and Singh 2013). The matter of HSC specifically was expecting for entering the subordinates showcase sooner rather than later that would require the organization for giving a considerably progressively powerful foundation of exchanging (Hesson, Soomro and Geray 2012). The association additionally needed for guaranteeing the way that they have dealt with the progress just as easily the resulting remaining task at hand. HSC has felt it was the most significant just as down to earth direction that the association could use by assessing the system ITIL (Dahlstrom, Walker and Dziuban 2013). There are a few assistance angles because of which the association has arranged this specific system. These are as per the following, Specialized Services Information Technology Service Management centers around the administrations those are identified with the innovation in a particular region of innovation. A few perfect models would be the Windows Administration administrations, Data base administrations just as the system administrations (Fitzsimmons and Fitzsimmons 2013). Hierarchical Services ITSM likewise centers into the job in a particular organization or in a particular organization (Davenport 2013). For an occurrence, the Operation Support Services just as the Sales Support Services are the significant and critical instances of this specific part of ITSM. Application Services ITSM likewise centers around the specific business use of the end client (Schwalbe 2015). Subsequently, the perfect and fitting models would be the Enterprise Resource Planning Services just as Email administrations. The significant significances of ITSM with regards to HSC are as per the following, Extraordinary association between the IT needs just as business Generally, t

Friday, August 21, 2020

The Best Common App Essay Prompt To Write TKG

The Best Common App Essay Prompt To Write The Common App essay prompts for the 2018-2019 college application season are out!!!  If you’re not as excited as we are, we understand. While college application season is something we look forward to every year, it’s something most students will only deal with once. The plus side of this is that college applications can be very stressful (but we can help with that). The downside is that it means that every little decision can feel like something absolutely enormous. You only have one chance (unless you transfer), so it’s easy to become crippled by indecision.The Common App essay prompt is one of the biggest culprits when it comes to tripping kids up. It’s THE essay. The only essay that every college will see; that is the cornerstone of your application, and that is one of only a handful of opportunities to show a school who you really are. So, of course, the people over at the Common App come up with 7 different prompts for you to choose from. Because that’s nice to do to you. But it’s ok because we’re going to help you wade through the pile of prompts to pick the one that is right for you.Just so you aren’t holding your breath, there really is only one prompt you should choose regardless of who you are as an applicant. That said, we want you to know why not just the what. So below we’ve listed the prompts, along with the pros and cons associated with each one. If you’d rather just get to the point, scroll down to the bottom of the list!The Prompts1. Some students have a background, identity, interest, or talent that is so meaningful they believe their application would be incomplete without it. If this sounds like you, then please share your story.Pros: The goal of your essay is to show a piece of yourself that the admissions officers will not see otherwise. Often, your background or identity is a huge part of this.Cons: Writing an essay solely about your identity can risk a loss of storyline, scene, and narrative. The essay should not be an autobiography, and this essay prompt invites a slide into a timeline of your life.2. The lessons we take from obstacles we encounter can be fundamental to later success. Recount a time when you faced a challenge, setback, or failure. How did it affect you, and what did you learn from the experience?Pros: A challenge or failure can be an awesome way of framing an essay because it shows fallibility.Cons: Picking this question is can sometimes be inviting a ‘woe is me!’ narrative that makes you seem like either a crybaby or totally un-self-aware. Writing about failure is awesome, but dwelling on failure can be depressing and unflattering.3. Reflect on a time when you questioned or challenged a belief or idea. What prompted your thinking? What was the outcome?Pros: Challenging the system is great!Cons: This question can lead students towards writing about a big issue, rather than zooming in on the small things that are more universal, but also more personal. No one likes a teena ger on a soapbox, so ranting about confronting big ideas is dangerous.4. Describe a problem you've solved or a problem you'd like to solve. It can be an intellectual challenge, a research query, an ethical dilemma - anything that is of personal importance, no matter the scale. Explain its significance to you and what steps you took or could be taken to identify a solution.Pros: Framing your essay around a moment, like a precise challenge or research experience, can be a great strategy.Cons: This is another place where narrative can be lost in the weeds of explanations, and an essay without narrative is boring.5. Discuss an accomplishment, event, or realization that sparked a period of personal growth and a new understanding of yourself or others.Pros: You’re awesome! We want colleges to know that!Cons: Bragging is a really really bad idea, and this prompt is like a big waving flag that says “BRAG!” all over it. You also risk repeating information that should be going in the ac tivities section of the common app.  6. Describe a topic, idea, or concept you find so engaging that it makes you lose all track of time. Why does it captivate you? What or who do you turn to when you want to learn more?Pros: This question is all about passion, and colleges want students that are passionate.Cons: If you’ve read our blog posts on Common App essays (or have just been paying attention while reading this one), we are all about narrative. This prompt is great for showing enthusiasm, but it also invites a nerd rant instead of a story.7. Share an essay on any topic of your choice. It can be one you've already written, one that responds to a different prompt, or one of your own design.DING, DING, DING - You have a winner!!! Well, sort of. #7 is your prompt, but we like to edit it a bit. You will not submit an essay you have already written. You could have written the most brilliant essay of all time, but you are not using a pre-written essay. Your essay needs to be well-w ritten, but that's the first step. It absolutely needs to show a part of yourself. This needs to be a unique piece of work.  If it’s about showing a part of yourself, why can’t you pick one of the prompts (1-6) that specifically ask you to show a piece of yourself? WELL, there are two reasons:The prompts are cramped, and you shouldn’t be. Your essay needs to be focused, but you also need room to be creative in form and structure.The prompts include clear questions that you need to answer in your essay. On the surface, this seems helpful, but it actually adds a whole new challenge on top of writing a great essay about yourself â€"you have to answer the question(s) to the tee.So what do you do? Use this prompt:“7 (revised). Share an essay on any topic of your choice. It can not be one you've already written.”Now that you have your prompt, what do you write about?YOU. You can write about a failure, you can write about a challenge, you can write about something you are complet ely obsessed with, or you can write about a tiny moment that showed you something greater. We like the last option best. You can write about anything, as long as the centerpiece of the story is you. Look for soft skills and traits you have. Think about why your friends call you when they have a problem. Dissect your morning routine for idiosyncrasies.  Wondering where to start? Check out some of our posts on essay writing, then contact us. We’re pros at this!How to Start a College Admissions EssayHow to Write a Good College Admissions Essay About YourselfHow to Write a Standout College Admissions Essay

Monday, May 25, 2020

Issues in Philippine Cinema - 5002 Words

1. What is your assessment of the state of media research in the Philippines? Choose a particular form of mass media and identify three (3) major issues and concerns besetting it. To what extent has research been made on such issues and concerns? Cite concrete cases to prove your point. The Philippine film industry, considered by many critics, producers, directors, movie workers, is either slowly but surely dying or is already dead. Notice the use of the term Philippine film industry instead of Philippine cinema. This is such for the main reason that the people who deem filmmaking in the Philippines dead, qualify their assumption based on box-office returns and the profit their movies make. Hence it is more apt to use the term film†¦show more content†¦Price of Pirated DVDs (Php) 2001 343,945,225 999 0 2002 286,243,403 850 450 2003 393,642,659 750 150 2004 286,056,735 500 80 Table 1 Rahmans major research findings on the economic damage caused by pirated DVDs to the film industry were anchored on the above table. The sharpest decline experienced by the film industry was between 2001 and 2002 with the boom and existence of DVD piracy that started in 2002. It can be deduced that the most likely decline in the income of movies was caused by the popularization of pirated DVDs that equaled the quality of legitimate ones. The introductory price for pirated DVDs were at it s highest at Php. 450 a piece, though expensive compared to current prices in Quiapo, it was still relatively cheap during 2002 compared to the pricey Php. 999 of an original version. Come 2002 to 2003, income for the film industry grew, original DVDs were also sold at cheaper prices but so was the pirated ones. Nevertheless, Rahman et al attributed this increase in income to the appointment of Ramon Ravilla Jr. as the chairperson of the Videogram Regulatiry Board, a government agency assigned to co mbat piracy. The researchers added that Revilla was considered to be hard-working and serious by his fellow-workers and news reports support these claims. Finally income for the film industry declined once more from 2003 to 2004 and at the same time the price of pirated DVDs was at its lowest being 6 times cheaper than legitimate copies. At the sameShow MoreRelatedPhilippine Independent film as a Medium for Political and Social issues5632 Words   |  23 Pagesï » ¿ PHILIPPINE INDEPENDENT FILM AS A MEDIUM FOR POLITICAL AND SOCIAL ISSUES AS PERCEIVED BY MSEUF PROFESSORS AND STUDENTS An Undergraduate Thesis Presented to the Faculty of the College of Arts and Sciences Manuel S. Enverga University Foundation Lucena City In Partial Fulfillment of the Requirements for the Degree of Bachelor of Science in Mass Communication by: LEANDRA L. JARDELEZA CHAPTER I THE PROBLEM: ITS BACKGROUND AND RATIONALE Background of the Study Since today is a fast changingRead MoreAnalysis Of The Film La Vida De Jose Rizal 2089 Words   |  9 Pages Edward Gross, one of the two American filmmakers, came up with another Rizal Movie entitled, â€Å"Noli me Tangere,† (Del Mundo, 1994). This movie, like that of â€Å"La Vida de Jose Rizal† were made and shown in the Philippines, using portable projectors in a circus tent (Avila, 2009). Hence, cinema began and continued to secure its position as the art and entertainment form with the broadest mass appeal and the biggest influence on popular culture (Deocampo, 2003). 1 Meanwhile, Jose Nepomuceno, a FilipinoRead MoreLevel of Awareness on Philippine Independent Films3186 Words   |  13 PagesLEVEL OF AWARENESS ON SELECTED PHILIPPINE INDEPENDENT FILMS OF AB COMMUNICATION STUDENTS In partial fulfilment of the the subject Thesis Writing CHAPTER 1 Rationale Movies have been an important part of everyday experience for more than a century. Most people already know a great deal about it. But majority of viewers appreciate those on the mainstreams without giving prior notice to the existence of independent films. The chances for an indie film to elicit at least a semblance of ‘mainstreamRead MoreThe Third Party Syndrome in the Philippine Cinema: Psychoanalysis’ Perspective2329 Words   |  10 PagesThe Third Party Syndrome in the Philippine Cinema: Psychoanalysis’ Perspective â€Å"Kaya kabit ang tawag sa kanila kasi daig pa nila ang epoxy kung kumabit. Kaya querida kasi mga kiri. Kaya mistress kasi nakaka-stress.† -Jaclyn Jose, A Secret Affair (2012) No Other Woman. The Mistess. A Secret Affair. These films are just a few of the recent offerings of ABS-CBN Star Cinema, one of the leading production houses in the country. Aside from all being acclaimed films, these three all revolve aroundRead MoreFrom Extravagant Movie Theatres to Lowly Bomba Houses: Investigating the Degeneration of City Spaces Along Claro M. Recto Avenue, Manila10891 Words   |  44 PagesTitle: From extravagant movie theaters to lowly bomba houses: Investigating the degeneration of city spaces along Claro M. Recto Avenue, Manila There is a lack of understanding about the overall process of degeneration of city spaces in the Philippine setting, specifically along Claro M. Recto Avenue, Manila. This study addresses this concern by suggesting a functionalist approach, using the theories of Durkheim and Merton, in analyzing the negative consequences and implications of massive urbanizationRead MoreThe Rise Of The Melodrama1714 Words   |  7 Pagesclarification on it displays dramatic scenes or behavior of real life. Another key aspect that made melodrama more famous is its dealing with emotional conflict. Furthermore, much of the movies in this genre revolve around sexual relationships and family issues. Moreover, most of the films in this genre have been considered feminine in their context that majority of writers in this platform are females and often enjoyed by women. Some of the modern age movies that have fallen into this bracket include theRead MoreMass Media Effects on People2404 Words   |  10 PagesDEVC 202 TMA No. 2 Maria Victoria Cruz 4 August 2011 1 Maria Victoria Cruz Table of Contents Introduction Background 3 Survey Parameters 4 Survey Findings †¢ †¢ †¢ †¢ Most Influential Form of Media Top Mass Media in the Philippines (Positive and Negative Effects) Top Mass Media in Singapore (Positive and Negative Effects) Rate of Mass Media Effect 5-13 Survey Information 14-15 Survey Questionnaire (Appendix I) 16 References 17 2 Maria Victoria Cruz Mass Media Effects on People IntroductionRead MoreLily Monteverde1248 Words   |  5 Pagesshe said when she was able to save enough, she bought two popcorn machines which she installed at Cherry Foodarama in Mandaluyong and at Podmon Theater in Sta. Cruz,  Manila. Soon she was able to save P7,000 and with that she bought the rights to re-issue a  Hollywood  movie grossed her half a million pesos. With that money, she and her husband flew to the  US  and Europe to scout for other movies to show in  Manila. Her budget was just for one person, but her husband thought she was just dieting. SheIRead MoreMedia s Portrayal Of The Black Age Of Media Essay1393 Words   |  6 Pagesmyths and stereotypes. Studies have found that media create and spread images of the society (DeFleur and DeFleur). Social representation as myths or reality has woven into the fabric of society mainly through mass media such as the television and cinema. Willie (1979) explains that significance of race in understanding economic predicament is greatly emphasized as compared to economic class factors in America. Historical facts about race and economic relationship represent it as complex interactionRead MoreModifying the Story Summer Solstice Through the Screenplay Tatarin4949 Words   |  20 Pagesseries (2009 – present) took the cinemas by storm by bringing out the mystical and fictional characters to life in the big screen. We are also familiar with the works of Roald Dahl (Charlie and the Chocolate Factory, Matilda, Charlotte’s Web among others), and the fairy tales of Disney enterprise. The stories of Snow White, Cinderella, Rapunzel, Alice in Wonderland and other princesses could be traced to the ancient folklore of European countries. In the Philippines, the trend is also rampant. Lualhati

Thursday, May 14, 2020

Meaning of Hima in Japanese

Hima is a Japanese word meaning time or leisure. Learn more about its pronunciation and usage in the Japanese language below. Pronunciation Listen to this audio file to hear how hima is pronounced. Meaning time; time to spare; leisure; free time; a leave (of absence) Japanese Characters 暇 㠁 ²Ã£  ¾ Example Translation Heres an example of how hima is used in a sentence: Isogashikute, shinbun o yomu hima mo nai. Ã¥ ¿â„¢Ã£ â€"㠁 Ã£  ¦Ã£â‚¬ Ã¦â€" °Ã¨ Å¾Ã£â€šâ€™Ã¨ ª ­Ã£â€šâ‚¬Ã¦Å¡â€¡Ã£â€šâ€šÃ£  ªÃ£ â€žÃ£â‚¬â€š In English: I am too busy to read a newspaper.

Wednesday, May 6, 2020

Walt Disney s Theme Park - 1440 Words

July 17, 1955, marked the grand opening of Walt Disney’s first major theme park opening. Since 1955, Walt Disney’s idea of a theme park has adapted to more than just a carnival. Currently there are six Disney theme parks worldwide. The United States holds two theme parks, Disneyland Park in California and Walt Disney World in Orlando, Florida. China also holds two theme parks, Hong Kong Disneyland, and Disneyland Shanghai. While, Japan and Paris only hold one theme park, Tokyo Disneyland and Disneyland Paris. Each new Disney park strives to be unique, create fun attractions and serve cuisine that appeal to the citizens of its location but remain consistently classic. Disneyland Anaheim is divided into eight themed lands; Main Street†¦show more content†¦Regular tickets are one hundred and seven dollars. Value ticket prices are ninety-nine dollars and peak ticket prices are one hundred and nineteen dollars. Surprisingly, regular ticket prices at Disney World are cheaper than Disneyland ticket prices by three dollars. Disneyland Hong Kong has seven themed lands. Similarly to Disneyland Anaheim, Adventureland, Tomorrowland, Fantasyland and Main Street USA are all feature themed lands at Disneyland Hong Kong. In contrast Grizzly Gulch, Mystic point and Toy Story Land are newly created lands. Dumbo the Flying Elephant and Sleeping Beauty’s castle are classic attractions. However, Slinky Dog Spin and RC Racer are new attractions that still remain consistent with the theme of other Walt Disney parks. Significantly lower than both Disneyland Anaheim and Disney World, Disneyland Hong Kong has twenty-four restaurants. Another notable difference is the style of cuisine which is primarily Chinese or Asian. Also, ticket pricing varies by age. General admission tickets for ages twelve to sixty-four are five hundred and eighty-nine Hong Kong dollars. General admission tickets for children ages three to eleven tickets are four hundred and nineteen Hong Kong dollars. While ticket prices for senior’s ages sixty-five and over are one hundred Hong Kong dollars. It might be worthy to note that senior ticket pricesShow MoreRelatedWalt Disney Company : The World s Greatest Theme Parks1244 Words   |  5 PagesThe Walt Disney Company was founded by Walter Elias Disney in 1923. Its headquarters is located in Burbank, CA. Walt Disney is one of the best-known companies in entertainment. Most people like to believe that Disney is a company that just has some of the world’s greatest theme parks as well as cartoon and family related films with lovable characters for the whole family to enjoy. However in the last several years they have been changing some of their ways to accommodate diffe rent forms of entertainmentRead MoreWalt Disney : The World s First Theme Park1044 Words   |  5 PagesWalt Disney became an icon in the United Sates through his accomplishments and innovations. He is known for his variety of movies, theme parks, and institutions. Disney was the first to invent a carton in full color. Also, he opened the world’s first theme park. Disney was a very talented person and made many accomplishments. Disney grew up on his uncle’s farm in Missouri with his mother, father, and four siblings. Being the son of a stern religious fundamentalist, his childhood was far from easyRead MoreWalt Disney World s Theme Parks Have Changed Their Pricing Strategy1567 Words   |  7 Pages Walt Disney World’s theme parks have recently changed their pricing strategy to demand-based pricing (Barnes, 2016). Demand-based pricing is when consumer demand or perceived value is used to set the price of the service or good (Boundless, 2017). Demand-based pricing is well-known for being used in the hotel and airline industry. It was not until early 2016 when Disney decided to make the switch to this as well (Sampson, 2016). Ticket prices now cost up to 20% more during holidays and weekendsRead MoreDisney Theme Park1135 Words   |  5 PagesQ-1) What do you think motivated Disney to set up parks abroad, and what might be the pros and cons from the standpoint of the Walt Disney Company? Ans: The Walt Disney Company also known simply as Disney is the largest media and entertainment conglomerate in the world. Founded on October 16, 1923 by brothers Walt Disney and Roy Disney as the Disney Brothers Cartoon Studio, the company was reincorporated as Walt Disney Productions in 1929.An early and well-known cartoon creation of the companyRead MoreWalt Disney : The Man Behind The Mouse1011 Words   |  5 Pages 29 May 2016 Walt Disney â€Å"The man behind the mouse† The influential person that I have chosen to write about is Walt Disney. Walt Disney is the most influential person that has ever existed. Walt Disney is important because of the way he impacted the world. Some of the reason Walt Disney is influential is because of his perseverance and his ability to dream big. Walt Disney’s legacy will live on for ever. Doing the impossible is one of the things that makes Walt so influential. ThroughoutRead MoreWalt Disney s Corporate Strategy988 Words   |  4 PagesWhat is the Walt Disney Company s corporate strategy? (20 pts) †¢ â€Å"The Happiest Place on Earth†! Walt Disney’s corporate strategy focuses a lot on the family. They want to achieve family focuses content with the uses of technology to create an experience that will be the most memorable. Another key point of their strategy is to widen their reach of families on a more international scale. Being better than the competition has placed Walt Disney in the forefront. Media networks, theme parks, studio entertainmentRead MoreGeneral Definitions. Before Going Into The Background Of1504 Words   |  7 PagesDefinitions Before going into the background of the Walt Disney Company and its theme parks, it is necessary to define some terms that are used throughout the paper. These terms are defined as the researcher understands them as a former cast member of the Walt Disney Company. The first term that needs to be defined is â€Å"guest†. Instead of calling people who visit their theme parks customers, the Walt Disney Company refers to visitors of their theme parks as guests. This is to keep up with the show andRead MoreWalt Disney : The Influential Person That Has Ever Existed738 Words   |  3 Pages Period:7 Walt Disney The influential person that I have chosen to write about is Walt Disney. Walt Disney is the most influential person that has ever existed. Walt Disney is influential because of the way he impacted the world. Some of the reason Walt Disney is influential is because of his perseverance and his ability to dream big. Walt Disney’s legacy will live on for ever. Doing the impossible Doing the impossible is one of the things that makes Walt so influential. ThroughoutRead MoreCasey Blackwell. Spc 1608. Professor Workman. 7 February1234 Words   |  5 PagesWorkman 7 February 2017 Walt Disney Introduction I. Open With Impact A. A creative person famously stated â€Å"It all started with a mouse.† You may be thinking that you know who this mouse is, but not too fast. Yes, it is Mickey Mouse, but who was the brilliant man that created this happy little creature? II. Thesis Statement A. Walt Disney has made a significant impact to the entertainment industry with his cartoons, movies, and theme parks. III. Connect With Audience A. Walt Disney created an empire thatRead MoreDisneyland Paris ( Formerly Euro Disney )1291 Words   |  6 PagesEuro Disney) While Tokyo Disneyland is considered a great success, the Walt Disney Company’s next international theme park venture, Euro Disney, is quite the opposite. In the 1980’s with the great success of Tokyo Disneyland, TWDC entertained the idea of building another international theme park. The Walt Disney Company knew they wanted to build a park in Europe but needed to find a place where they could build their own reality free from the sights and sounds of the real world. The Walt Disney Company

Tuesday, May 5, 2020

Socially Useful Productive Activity free essay sample

Even my NGO (Deepalaya) had apprehensions as to how much we will be able to contribute in such a short time span. But after going through the whole exercise I can say that this course will surely be one of the highlights of my two year PGDM. SUPA helped me create a bond with Deepalaya that will definitely last a lifetime. I always wanted an NGO that is involved in education, so Deepalaya was perfect choice. Not only had it made me sensitive towards people who are underprivileged it also gave me a sense of pride of being a part of a worthy cause.It was an eye-opener to see that so many things that we take for granted are a distant dream for the majority in our country. If my work changes the life of even one child I would consider these 22 days being worth every single second. So I take this opportunity to specially thank Prof. We will write a custom essay sample on Socially Useful Productive Activity or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page J. Philip, President XIME and Prof. S. D. Tyagaraj, Dean XIME for coming up with such an innovative and socially responsible course. I am surprised that XIME is the only management institute that offers such a course, after all it’s not just the corporate’ that require efficient management.In a country like ours where there is extreme inequality in the society it becomes absolutely imperative that people like us come forward and contribute in our own little way. Today management professionals are venturing into social welfare, I hope this XIME initiative gives a boost to this trend and that many more institute’ follow suit. When I pass out of XIME one and a half years from now and look back at the two years I spent here, I would rate SUPA above all the other courses that I studied. At this point I have to acknowledge a few people who made my involvement with Deepalaya fruitful; Mr. The answer came pretty quickly, it was ‘Education’. Education is the only cause that I could see myself joining because I consider it to be the difference between success and failure. In our country literacy rate is just 66%, which is way below what we are achieving for. I am not just talking about formal education but also professional as well as vocational education. These high levels of illiteracy create a workforce that is unskilled and is unable to achieve its maximum potential. It is the reason why education has been the focus of our government, with ‘Right to Education’ being a big step.Education gives you a platform from which you build a career for yourself and become a responsible citizen. ‘Money is a current asset but education is a fixed one that gives dividends in the long run’. So finding an NGO with its roots deep into education was my primary focus. Once I decided on the cause, I started searching for an NGO in Delhi/NCR which serves the cause that is close to my heart. I have been lucky to be born in a family that could afford my education. So I was looking for an organization that helps in educating people who are not so lucky.Our course outlines that we have to get in touch with that other part of society. Deepalaya fit the bill perfectly as its primary focus was on education, especially child education. Every person you educate is a small effort in making a ‘self reliant’ society, which is Deepalaya’s motto. My own background check confirmed the credibility of the NGO so I didn’t think twice about sending an application. I am glad that it was accepted and I got a chance to make good friends and contribute to the society in my own personal way. SUPA Report: Denny Thomas Page 4 About Deepalaya Vision

Wednesday, April 8, 2020

Lowes Case Study free essay sample

Lowe’s Company has been in business for over 60 years. The company is the second largest home improvement retailer in the world and employs more than 215,000 employees. The company’s home base is Mooresville, North Carolina. Standard Poor ranks Lowe’s as #48 . Presently, Lowe’s stock, which is identified on the New York Stock Exchange as LOW, is selling for right under $20 a share. This price has been consistent and is comparable to their biggest competitor Home Depot, Inc whose stock has remained steady at $23. Lowe’s, and other home improvement businesses, serve three types of customers; the Do-It-Yourself customer that is the individual who completes their own projects and installations. The Do-It-For-Me customer, who purchase supplies then hire third parties to complete the installation or project. Finally, there are the professional customers who are the remodeler, general contractor, repairman, small business owner and tradesmen. The slowdown of the market has affected all types if customers in the home improvement markets. We will write a custom essay sample on Lowes Case Study or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The home improvement market takes in approximately $755 billion annually. However, with the softening of the housing market, unseasonable drought and flooding, and last year’s variable mortgage interest rate hikes the industry has taken some hits. Although mortgage rates are decreasing, high gas prices has caused a recession and overall sales has decreased. California and Florida, which bring in a large portion of sales, experienced the biggest declines in home prices and the most pronounced slowdown in housing turnover. With that said, Lowe’s company was still able to report $48. 3 billion in net sales. An analysis of the financial statements and financial prospects of Lowe’s Company was performed on the last two years (2007 and 2008). Financial statements which include the balance, income and cash flow statements for Lowe’s Company and Home Depot, Inc. were obtained to perform the financial analysis to see if Lowe’s is a worthy investment. When comparing Lowe’s against Home Depot, their most closely matched competitor, Lowe’s comes ahead in long term debt to equity ratio with 34. 6% whereas Home Depot has a negative outlook on long term debt with debt accounting for 64. % of total liabilities. This and other factors are defined more closely in the financial statement analysis. According to Fortune 500, Lowe’s is still closing the gap with competitor Home Depot, whose dissatisfied customers were defecting. A Company subsidiary, Lowe’s HIW, Inc. , is a defendant in a lawsuit, for allegedly failing to pay overtime wages pursuant to the requirements of the California Labor Code. Though this lawsuit has been filed since 2001, and is in the early stages of class action proceedings, the Company has not estimated the range of loss that may arise from this claim. II. Industry Summary Lowe’s Company is identified under the Standard Industrial Classification code 5211. SIC 5211 is Lumber and other Building Material industry. This industry is engaged in selling lumber and building materials. Hardware is one of the most important items sold. Lumber and building companies that do not sell to the public are classified as Wholesale Trade, Industry Group 503. Lowe’s closest competitor is Home Depot, Inc. Home Depot is the worlds largest home improvement retailer and the second largest retailer in the United States (U. S. ), based on Net Sales for the fiscal year ended February 3, 2008. Home Depot is ranked #22 by the SP. Their home base is in Atlanta Georgia. Home Depot had 2,234 stores at the end of 2007 with plans to open 87 new stores in 2008. Home Depot has over 284 stores overseas to include 165 stores in Canada and 12 stores in China. In 2007 Home Depot sold HD Supply, the company received net proceeds of $8. 3 billion and recognized a loss of $4 million Home Depot also signed a $1. 0 billion guaranteed senior secured loan of HD Supply. Also, in connection with the sale, they purchased a 12. % equity interest in the newly formed HD Supply for $325 million . HD Supply serves customers in the Infrastructure Energy market which includes services in building and maintaining water systems, oil refineries and petrochemical plants, and for the generation, transmission and distribution of electrical power. Home Depot identified HD on their Consolidated Statement of Earning for discontinued operations. In 2007, Home Depot showed $431 million in profits from HD Supply. Since the selling of HD Supply the Company acquired Ohio Water Waste Supply, Inc. and Geosynthetics, Inc. These acquisitions operated were under HD Supply and were included in the disposition. The aggregate purchase price for acquisitions in fiscal 2007, 2006 and 2005 was $25 million, $4. 5 billion and $2. 6 billion, respectively, including $3. 5 billion for Hughes Supply in fiscal 2006. The home improvement retailer was hit with a double whammy last year: a housing market downturn and customer service problems that have plagued the company for years. Also on the companys to-do list: preventing patrons from fleeing to competitor Lowes, which has been chipping away at HDs lead. In-store makeovers were a start, and the company also has been seeking skilled workers to replace inexperienced part-timers whod previously been hired to help cut costs. As stated earlier, the home improvement industry takes in $755 billion annually. However, due to the softening of the housing market and declining home sales, companies in this industry has had to change their focus to continue to entice customers. A busy real estate market and rising house values encourage buyers, sellers and existing homeowners to invest more in their home. This has prompted advertisements and promotions by both Lowe’s and Home Depot to get their customers to concentrate on improving the home they have. Lowe’s Company shows a family getting keys made, with the slogan, â€Å"At heart we’re still a neighborhood store,† this is their attempt to concentrate on the big and small offerings. Home Depot’s approach to getting customers in the store has been its newest paint line. Both stores has launched aggressive campaigns on do-it-yourself projects, and selling of patio furniture in an attempt to turn backyards into an extension of the home. This has been a major change for the two competitors, since 2000, both have doubled the number of stores they have. However, with existing home sales falling 2. 2% from November to December, and sales were down 23. 4% from the year before. With the problems from Fannie and Freddie Mac and the scandals in the banking industries the housing market will continue to remain soft. This may play into the favor of home industries market. SP is still optimistic about a mild, but long, recession. Their web site stated the housing market started showing signs of life in June. Some improvements to the economy were due to the stimulus checks being received earlier than expected and spent more quickly than expected. This also boosted the economy. In the first quarter of 2008, Lowe’s sales were down -1. 3% from the same time last year, however net sales were $12 billion dollars . This indicates Lowe’s in on track to have a successful year, with the current home mortgage markets. Home Depot did not fare as well with sales reported for the first quarter at $17. 9 billion but were down 3. 4%. Home Depot also had to take steps back and reevaluate their rationale to ontinue opening up new stores. According to the CEO, Frank Blake, stores not expected to meet targeted returns were taken out of the pipeline. And, ‘By not building them, well free up approximately $1 billion in cash over the next three years to invest in maintenance, merchandising resets and other areas within our existing stores. On a comparable level and based from Lowe’s and Home Depot’s 2007 financial report Table 11 illustrates the bulk of the products sold by both stores. Lowe’s has an advantage in sales in Plumbing, electrical, kitchen, hardware and seasonal items. Home Depot has the advantage in sales in building materials, lumber, millwork, paint and flooring. Both companies’ give back to the community. Lowe’s recently gave the lake Norman Student Athlete Association a secured $25,000 grant to improve fields for the youth recreation leagues . Home Depot just closed the second quarter of their Housing Impact grant program. The Housing Impact Grants is designed to assist nonprofit organizations whose project involves affordable housing built responsibly in a timely manner. III. Financial Statement Analysis Table 1, is Lowe’s Company’s Consolidated Balance Statement. Cash and cash equivalents decreased for 2007 by . 4%. Cash and cash equivalents include cash on hand, demand deposits and short-term investments with three months or less maturity. Payments from financial institutions for payment by credit card and debit card transactions process within two business days and are classified as cash and cash equivalents. This is significant because $1. 7 billion were received in credit/debit payments in 2007. Home Depot’s accounts receivable was $1. 2 billion for 2007 . Property increased . 9% in 2007; this was due to the 153 stores that were opened and the equipment to go along with it. In June 2007, the Company entered into an Amended and Restated Credit Agreement (Amended Facility) which modified the previous loan agreement and extending the maturity date to June 2012. This provided up to $1. 75 billion that could be borrowed at 5. 41%. As of February1, 2008, there was $1. 0 billion outstanding under the commercial paper program. In September 2007, the Company issued $1. 3 billion of unsecured senior notes which breaks down into $550 million maturing in September 2012, $250 million maturing in September 2017 and $500 million maturing in September 2037. During 2007, the Company repurchased 76. 4 million shares at a total cost of $2. 3 billion (of which $1. 9 billion was recorded as a reduction in retained earnings , after capital in excess of par value was depleted). As of February 1, 2008, the total remaining authorization under the share repurchase program was $2. 2 billion. Table 2, illustrates the Consolidated Statement of Earnings for Lowe’s Company. Overall, sales increased 2. 9% to $48. 3 billion in 2007 . There were minor variances to net sales for overall percentage between 2007 and 2007. There was just a -0. 8% decrease in Net earnings than in 2006. Areas that showed the biggest variance in percentages were selling, general and administrative expenses at 1% increase in 2007 and store opening cost which just increased by . 3%. Pretax earnings were the most significant with 1. 4% decrease in 2007. Opening the 153 stores in 2007 accounted for most of the increase in sales. There was an overall decline in store sales by 5. 1%. The categories that performed above our average comparable store sales change included rough plumbing, lawn landscape products, hardware, paint, lighting, nursery, fashion plumbing and appliances . For 2007, the gross margin was 34. 4% represented a 12-basis-point increase over 2006. This leverage was partially offset by de-leverage of13 basis points in transportation costs primarily attributable to rising fuel costs. Store opening costs included payroll and supply costs prior to store opening as well as grand opening advertising costs that totaled $141 million in 2007, which was less than the $146 million in 2006. Table 3, identifies the Company’s cash flow statement for the last two years. Throughout the cash flow statements there are variances. Accounts payable has the largest individual variance with an 11. % decrease. However, the annual report states the company entered into a customer managed service agreement which will provide an accounts payable tracking system. This gives the suppliers the ability to finance payment obligations from the Company with designated third-party financial institutions. The Company’s goal with this endeavor is to enter into ‘arrangement is to capture overall supply chain savings, in the form of pricing, payment terms or vendor funding, created by facilitating suppliers’ ability to finance payment obligations at more favorable discount rates, while providing them ith greater working capital flexibility. . As of February 1, 2008, the Company had placed $77 million of payment obligations on the accounts payable tracking system, and participating suppliers had financed $48 million of those payment obligations to participating financial institutions. During 2007, the Company repurchased 76. 4 million shares at a total cost of $2. 3 billion (of which $1. 9 billion was recorded as a reduction in retained earnings, after capital in excess of par value was depleted) . As a result there was a 537% increase in repurchase of common stock between 2006 and 2007. IV. Cost of Capital Table 6 has the formula that was used to come up with the Weighted Average Cost of Capital for 2006. Cost of Debt: According to Lowe’s annual report, their income tax rate for 2007 was 37. 7% and 37. 9% in 2006 . The decrease in the effective tax rate was due to increased federal tax credits associated with Welfare to Work and Work Opportunity Tax Credit programs. Lowe’s long term debt totaled $5. 5 billion in 2007 and $4. 3 billion in 2006. The overall cost of debt for Lowe’s in 2006 was 14. 4%. Cost of preferred stock: The Company has 5. 0 million ($5 par value) authorized shares of preferred stock, none of which have been issued. Cost of common stock: Authorized shares of common stock were 5. 6 billion ($. 50 par value) at February 1, 2008 and February 2, 2007. Dividend per shares for 2006 were $. 18 and total market value was $29. 97 per Lowe’s Company 2007 annual report page 48 under dollars per share (Weighted average shares, assuming dilutions). Common stock for 2006 was . 6%. Weighted Average cost of capital for 2006 was 7. 5%. This answer came from dividing the cost of debt and cost of stock by 2 to calculate the WACC since preferred stock was not issued. Table 7 illustrates the New cost of Capital. Weighted Average cost of capital for 2007 was calculated using the same references mentioned for computing the WACC of 2006. The Cost of Debt for 2007 was computed by using 38% tax and $5. 5B for long term debt. The cost of debt for 2007 was 11. 3. The cost of common stock was computed by taking DPS and dividing it by 31. 98 which was the market value for 2007. It computed to . %. The weighted average cost of capital for 2007 was 6. 1%. V. Capital Structure and Dividend Policy For Fiscal Year 2007, Lowe’s capital structure was made up of 47. 9% debt and 52. 1% common stock. Table 1 show the breakdown based on the information provided by the Company’s annual report. This is actually a 4. 5% increase in liabilities since the previous year. The Company has not issued its 5. 0 million shares of preferred stock. During February 2, 2007 and February 1, 2008, 5. 6 billion shares of common stock were authorized ($. 50 par value). The board of directors has authorized up to $2 and $3 billion in share repurchases for the next two years. Shares purchased under the share repurchase program are retired and returned to authorized and unissued status. During 2007, the Company repurchased 76. 4 million shares at a total cost of $2. 3 billion (of which $1. 9 billion was recorded as a reduction in retained earnings, after capital in excess of par value was depleted).. This is reflected on Table 1 with a -6. 3% variation. On May 30, of this year Lowes provided notice through The Bank of New York Trust Company, N.A. , as trustee, to the holders of its outstanding convertible notes issued in February 2001 and its outstanding senior convertible notes issued in October 2001, of its election to redeem all outstanding convertible notes and senior convertible notes. Lowes has approximately $579 million aggregate principal amount of senior convertible notes outstanding and approximately $20 million aggregate principal amount of convertible notes outstanding. Lowe’s planned to redeem all senior convertible notes issued in October 2001 outstanding on June 30, 2008 at $875. 3 per note. VI. Stock Recommendations Compared to stock prices in June of 2007, which were an average price of $33. 03, stocks have taken a major dive by 60%. Reuters and yahoo finance recommends to hold on to your stock. The recommendation is the same for Home Depot who has experienced almost the exact fall in the stock. Table 14, which is provided by yahoo. finance illustrates the last 6 months of 2008. On the graph it is obvious that the company’s reaction to the stock market is exactly the same for this industry. If you do not have Lowe’s stock, I suggest monitoring it. Reuters has already projected the recession to worsen. Once the price drops lower I suggest buying it. I don’t recommend buying Home Depot stock at this time however. Their total liability is 60% in debt . If the recession takes a turn for the worst, Home Depot may experience problems with meeting their long term debt obligations. And, they may have problems receiving payments due to their high rate of account receivables. Lowe’s is a stock to watch and a Company that will be around.