Tuesday, December 31, 2019
Chord vs. Cord How to Choose the Right Word
The words chord and cord are homophones: They sound alike but have different meanings. Theyre among the word pairs in English that are commonly confused, and their spellings have even flip-flopped throughout the centuries. For our purposes in this millennium, though, a chord with an h is a simultaneous playing of notes or a math term, and a cord is a rope or cableââ¬âamong other meanings. How to Use Chord The noun chord is a musical term and refers to three or more notes sounded together (some musicians might argue for two notes sounded together also being labeled a chord). People play a chord progression, and hard rock guitarists string together some power chords in their riffs. It can be used as a gerund (nouns formed from verbs), referring to the playing of chords, as in Her transposed chording sounded lovely. It can also be used as a verb, meaning to harmonize, as in Your plan chords with [works well with] our overall system. The word comes from the Greek term khordÃâ, which originally referred to the catgut strings on an instrument. Chord also refers to an emotion or disposition (to strike a chord). In mathematics, a chord is a line that joins two points on a curve or circle. It originally came from the Latin term chorda. How to Use Cord The noun cord refers to a rope or a bond, an insulated electrical cable, or an anatomical structure (e.g., vocal cords or umbilical cord). A cord of wood is a rectangular pile of wood 4 feet wide, 4 feet high, and 8 feet long. (Originally it was a quantity that could be tied with a cord.) It can also be used as a verb meaning to stack wood in a cord or to tie something with a cord, though not all dictionaries have usage of this word as a verb. Examples Here are some examples that show the words differences in meaning: One of the most iconic and instantly recognizable chords in rock n roll is the opening to the Beatles song, A Hard Days Night.The candidates policy on health care struck a chord with voters. It especially resonated with middle-class moms.Her chording sounded sublime.Her current activities chord with the companys mission.The singer took lessons to learn how to perform professionally and not strain his vocal cords.Has anyone seen my phone chargers cord?He corded that wood.She corded the roman shade after she finished sewing it. How to Remember the Difference If you need a trick to remember the difference between the two words, think of the fact that musical chords are played in harmony, and both of these words contain the letter h. A cord is a rope, and both cord and rope have only four letters. Practice A wireless mouse operates without a _____ by transmitting radio frequency signals.Jackson sat down at the grand piano and played a major _____. Answers A wireless mouse operates without aà cordà by transmitting radio frequency signals.Jackson sat down at the grand piano and played a majorà chord. Sources Chord. English Oxford Living Dictionaries. Oxford University Press.Chord. Marriam Webster, Merriam Webster.Cord. English Oxford Living Dictionaries. Oxford University Press.Cord vs. Chord: Whatââ¬â¢s the Difference? Writing Explained.Strike a Chord. Cambridge Dictionary.
Monday, December 23, 2019
Essay on Trisomy 2 A Gift or a Curse - 878 Words
More often than not, children diagnosed with Down syndrome get viewed as lesser of a human being than an average person. Why is that? Is it because of their looks or IQ? Is appearing different really all that different? By taking a look into what Down syndrome is, how it affects them and those around them, and how it can be treated will prove they have the potential to do more than an average person. To completely understand the concept of Down syndrome, one must understand what it is. Down syndrome, the leading factor of cognitive impairment, is a genetic disorder where three chromosomes 21 are inherited. In other words, a person with a disorder of Down syndrome receives an extra set of chromosome 21. Studies have shown, about 95%, onâ⬠¦show more contentâ⬠¦Due to the lack of development, people who are experiencing this disorder may have multiple health concerns such as leukemia, a heart defect, and gastrointestinal problems (Med net). How can one know if they will conceive a child with trisomy 21? As it was stated earlier, the Down syndrome disorder is genetic, but, in truth, the risk of conceiving a Down syndrome child increases with age. Studies have been conducted about the risk a pregnant woman having a child with trisomy 21. At twenty-five years old, one out of 1,250 people conceive a child with trisomy 21; whereas, in twenty years the chances of conceiving a child with trisomy 21 is one out of thirty. After conceiving a child who has been diagnosed with Down syndrome, the parents automatically increases the chance by one percent of conceiving another child with Down syndrome (Med net). People who are diagnosed with Down syndrome often get misjudged by stereotypes. In reality, they are more capable of performing to their full potential (Wurst). Adults who are suffering from trisomy 21 live a semi-independent lifestyle. They contribute to the community and give more input than anyone else (Med net). Due to a lot of employerââ¬â¢s inability to h ire people who have Down syndrome the people with this disorder who want to work tend to have a better work ethic. Since they have this disability, they acquire
Sunday, December 15, 2019
Case Study of Bg Group Free Essays
A. METHODOLOGIES: 1. The Weighted Average Cost of Capital (WACC) Approach: This method offers a wide range of advantages. We will write a custom essay sample on Case Study of Bg Group or any similar topic only for you Order Now For instance, the Capital Assets Pricing Model (CAPM) is employed in the calculation of the Cost of Equity. Thus, the discounted rate of 7. 58 percent used in figure 1. 12 Appendix is likely to be precise. The total value of the firm is $4. 73 billion. Nonetheless, in view of the probabilities of forecasting errors in the estimation of cash flows, the degree of precision does not guarantee an accurate result. Another drawback of the approach would be the failure to allow for the impacts of real options available to management on future cash flows. Hence, this method is considered as an alternative for crosschecking. The assumptions are the dividends grow constantly in perpetuity at 3 percent and the debt ratio is also constant at 28. 1 percent. For further analysis, please refer to item 2a and 3c in the Appraisal. 2. The EBIT Multiples Approach: Under this methodology, the debt-equity ratio was not required. Thus, the value of the firm is approximately $4. 3 billion after liquidity discount was taken into account. This yields an insignificantly different result compared to the result under the WACC method. However, since the average EBIT multiples strongly depend on the comparable companies in the industry, reliable information is less likely to be available in practice. Therefore, another approach is employed. 3. Adjusted Present Value (APV) Approach: The APV method is more complicated t han two methods mentioned earlier inasmuch as it takes account of unlevered value of the firm and the interest tax shield. Recent complexity of the method notwithstanding, APV provides management with an explicit valuation of interest tax shield and an assumption of constant debt-equity ratio is unnecessary. According to figure 1. 10, the total value of the firm before synergies is $5. 02 billion. Nonetheless, this method ignores the costs of financial distress, which might lead to an overvaluation of the firm with a significantly high debt ratio. 4. Conclusion: Under different methods employed above, the range of difference appears to be immaterial. Thus, the value of the firm before synergies is expected to be approximately $4. 89 billion on average. For the purpose of consistency, APV method is selected for further analysis of the value of the firm both before and after synergies. B. FINANCIAL ANALYSIS: 1. Free Cash Flows (FCFs) Valuation: The present value of the cash flows is calculated based on the WACC rate and it is estimated at $1. 28 billion. The rate is used by reason of the assumption of different components, for instance cost of equity and cost of debt. For further information of the assumption, please refer to the Appraisal. . Terminal Values and Long-term Growth: The terminal value before synergies is $3. 45 billion whereas this amount after synergies is $8. 36 billion. In details, the synergies revenues and the backhaul synergies savings are the major contributors to the significant difference. Additionally, the terminal value represents the market value of free cash flows from AirThread Connections at all future dates. This, thereby, lends the analyst the plausibility to believe that the discounted rate is equal to the WACC rate of 7. 58 percent. Lastly, to be conservative, that is, in the worst scenario, the figure of growth rate obtained in the Appraisal is around 3. 0 percent. 3. Non-operating Investment in Equity Affiliates: This amount of $1. 72 billion is equal to Equity in Earnings of Affiliates times the historic P/E multiple for the industry at 19. 1. These investments are valued under the market multiple approach because a thorough due diligence is not possible to be conducted. 4. Value of Operating Assets: This value is equivalent to the present value of the target company on a going concern basis. It is estimated at $5. 02 billion before the synergies and at $10. 38 billion after the synergies. However, since the value of non-operating assets is not taken into account, the total value of the target company is not fully reflected. 5. Enterprise Value: The Enterprise value is equal to the sum of the value of operating assets and the value of nonoperating assets. i. Before Synergies: In this case, the synergies related business revenues and the backhaul synergies savings are not considered. The FCFs ppear to be more immaterial accordingly. It, therefore, leads to a lower Intermediate Term Value of $1. 57 billion and a lower Enterprise Value of $6. 74 billion. ii. After Synergies: With the effect of synergies, the FCFs and, thus, the Enterprise Value of $12. 1 billion appear to be more material. Importantly, the significant difference is contributed by the cost-saving efficiency in backhaul costs and the network utilization. Thus, more advantages would occur. Firstly, administrati ve expenses such as auditing fees are reduced. Secondly, the market share will, in essence, increase and monopoly gains due to large regional client bases from the target company could be expected. The company will be able to set a higher price and to increase a sheer volume of sales. Also, the company will gain more reputation and the cost of capital will be lower accordingly. Lastly, due to its new size, the company will have more bargain power and the relationships with banking entities will be better. Consequently, the cost of borrowing tends to decrease. How to cite Case Study of Bg Group, Free Case study samples
Saturday, December 7, 2019
Managing Strategic Resources & Operations Guan Hin Coffee Singapore
Question: Discuss about the Managing Strategic Resources Operations for Guan Hin Coffee Singapor. Answer: Introduction Guan Hin Coffee Singapore is one of the best companies in the country for manufacturing coffee powder. In the present study, the company is chosen to understand the day-to day operations along with the supply chain management. Guan Hin Coffee is a small company with limited presence in entire Singapore. However, the company is taking the special steps that are required to enhance the operations and supply chain management. This would help the company to increase customer base and satisfaction (Kolk, 2013). Finally, the steps would lead to ultimate shareholders satisfaction. Day-to-day operations The everyday operations of the company include checking few of the essential operations. These are the basic strategies, which the company uses to generate better revenue and to increase their customers. The initial duty in the operations is to manage customers transactions. This is ensured through proper and effective customer interaction everyday to meet the customers desire (Talbot, 2015). In order to foster, the growth of the coffee business Guan Hin Coffee looks after every customer engagement precisely to meet their expectations. The next initiative taken by Guan Hin Coffee is to maintain their everyday quality. The company ensures this with the help of TQM that is total quality management. The employees of the company take the step to make the environment friendly. This includes managing the daily requirements like meeting the customers with a friendly and chatty mood (Parthanadee Buddhakulsomsiri, 2014). The coffee company has been one of the best in creating an operation where visitors or customers can have a tour to know about the details. The manger and the administrators make a note of the production and the inventory management on everyday basis. This helps the organisation to track the supply. Profit maximization is done with the help of different ranges of products that would suit the needs of the customers (Bendoly, van Wezel Bachrach, 2015). Operations of the company also include the day to- day vigilance of understanding the wants of the coffee lover (Kolk, 2013). Guan Hin Coffee being one of the major coffee manufacturers assures premium quality of coffee production. In case of the management process the company, make use of few managerial concepts that assures the increase in coffee production. Operating performance, quality management, productivity, social management and environmental performance includes all the essential activities of the company (Horvat, Antic Jeremic, 2015). Operating performance- One of the key parts of the operating performance of the company is to understand the line between the demand and supply. The company takes care of the supply as per the demand. This helps in maintaining the balance of the inventory management (Panusa et al., 2013). This is an everyday process that is looked after by the company authorities on daily basis. This also helps in maintaining the fresh quality of the products. Quality management- The management of quality is one of the basic duties that are channeled by the authorities and the employees. This is done with the help of few steps like customer focus, commitment, culture and control. The merits of TQM include making the company a well-known name in the industry along with an integrated teamwork (Alusa Kariuki, 2015). Total quality management is one of the effective methods that would help in meeting the specific customer needs. Productivity- In case of production the company ensures that hygiene is maintained on daily basis. Productivity is ensured with the help of sustained management commitment (Pagell Shevchenko, 2014). Guan Hin Coffee maintains production with the retention of value improvement. This is one of the necessary steps for the company for bench marking. Social management- Guan Hin Coffee takes the necessary step for managing the social management. The company publishes the important information of the social media that helps customers to receive the important information. They use social advertisement to attract new customers and shareholders. Sites like Facebook help the company to interact with the valuable and potential customers. The interaction on the social media creates the interest of the shareholders like the customers (Beske, Land Seuring, 2014). Social management is helpful in letting customers know about special offers of ranges that the company can manufacture. Regular interaction with the shareholders through social media is one of the necessities to foster business prospects (Pagell Shevchenko, 2014). Environmental performance- This is one of the basic case that can change the daily endeavour of the company to improve their CSR activities. The company must take care that the production is through the right measures without any material that can hamper the environment or earth (Katsikopoulos Gigerenzer, 2013). This would be beneficial for the maintaining the picture of Guan Hin Coffee at the same time taking the sustainable measures effectively. Supply chain management Supply chain management of the coffee production includes meeting few of the basic steps that is helpful in maintaining the quality of production. The initial step of the coffee production includes the cultivation of green coffee. This agricultural phase is effective in initiating the process of coffee production (Karjalainen Moxham, 2013). The next step in the supply chain process is the roasted coffee production. This phase is followed by processing phase and finally the distribution phase. The distribution or the transportation helps in reaching the coffee to the company. Guan Hin Coffee takes care of the above steps religiously. The employees and the authorities put the entire process under surveillance so that consumers receive the best coffee powder (Parthanadee Buddhakulsomsiri, 2014). In the agricultural phase or the initial stage, few sub sections are taken care of the company as part of effective supply chain management. Typology or plantation is largely a decisive factor in the quality of coffee beans (Kolk, 2013). Guan Hin Coffee takes the step to harvest the coffee with the use of proper sorting and cleaning. The sorting of the coffee beans help the company to meet particular demands of the customers (Dabbene, Gay Tortia, 2014). It is also notes that the company takes special care while packaging the product. This helps in ensuring that the flavor and the hygiene of the coffee powder are maintained throughout until consumption (Alusa Kariuki, 2015). The company gives a tour to the interested customers to let them know about the entire supply chain process and the positive measures that they take to ensure selling. Guan Hin Coffee mostly sale their product to the local customers that help them to maintain the coffee culture that Singapore is trying to retain over the years. However, the packaging of the company is through aluminum cans and papers that maintain the taste even for the local people. In between, the coffee production and the consumption process Guan Hin Coffee need to look after some other steps. This includes maintain healthy relationship with the government and to trade as per the law (Beske, Land Seuring, 2014). Apart from this, the company needs to maintain positive relationship with the shareholders like dealers. In case of exportation of the coffee powder, the organisation has to look after lawful trade that is would help in enhancing the face value of the company (Horvat, Antic Jeremic, 2015). Guan Hin Coffee always tries to maintain long-term relationships with its shareholders. Hence, quality management plays a pivotal role that increases the chance of retail business (Katsikopoulos Gigerenzer, 2013). They are trying to meet international customers to build international buying-selling relationships. They also took their business to the large supermarkets, small independent retailers and hotels. There is a constant effort that is taken by Guan Hin Coffee to make customers appreciate the effort of premium coffee. Time and ingredients are the most important thing. The company can must look into aspects like logistics, demand management, procurement and preferential pricing. These are parts of supply chain management, which would help the company grow in near future with better customer retention prospects. Conclusion In the above regard, it might be concluded that the operations and the supply chain management of the company has been effective. However, the company is a small concern and it should take every interest and aspect to make it larger. This would help in a process that is well coordinated and integrated. Guan Hin Coffee is a manufacturing company. The organisation can think of opening its own chain of coffee bars and cafeterias like the Starbucks. This would help the company sell its own product along with better revenue generation. Apart from this, the company must also take further steps to make the retail selling international. Apart from selling the coffee powder, the company can make a range of products like premium gifts that would help in increasing the customer base. In the present scenario, the company is located at one place of Singapore. It can take further steps to have more presence around the country. The relationship with local markets would be fostered through such move . Guan Hin Coffee is one of the coffee producing companies that must enter into the competitive sphere to introduce premium range of coffee experience. Reference Alusa, K., Kariuki, A. (2015). Human resource management practices, employee outcome and performance of Coffee Research Foundation, Kenya. Bendoly, E., van Wezel, W., Bachrach, D. G. (2015).The handbook of behavioral operations management: Social and psychological dynamics in production and service settings. Oxford University Press. Beske, P., Land, A., Seuring, S. (2014). Sustainable supply chain management practices and dynamic capabilities in the food industry: A critical analysis of the literature.International Journal of Production Economics,152, 131-143. Dabbene, F., Gay, P., Tortia, C. (2014). Traceability issues in food supply chain management: A review.Biosystems Engineering,120, 65-80. Horvat, A., Antic, S., Jeremic, V. (2015). A New Perspective on Quality Characteristics Determining Supply Chain Management of Coffee Production.Engineering Economics,26(3), 239-244. Karjalainen, K., Moxham, C. (2013). Focus on Fairtrade: Propositions for integrating Fairtrade and supply chain management research.Journal of business ethics,116(2), 267-282. Katsikopoulos, K. V., Gigerenzer, G. (2013). Behavioral operations management: A blind spot and a research program.Journal of Supply Chain Management,49(1), 3-7. Kolk, A. (2013). Mainstreaming sustainable coffee.Sustainable Development,21(5), 324-337. Pagell, M., Shevchenko, A. (2014). Why research in sustainable supply chain management should have no future.Journal of Supply Chain Management,50(1), 44-55. Panusa, A., Zuorro, A., Lavecchia, R., Marrosu, G., Petrucci, R. (2013). Recovery of natural antioxidants from spent coffee grounds.Journal of agricultural and food chemistry,61(17), 4162-4168. Parthanadee, P., Buddhakulsomsiri, J. (2014). Production efficiency improvement in batch production system using value stream mapping and simulation: a case study of the roasted and ground coffee industry.Production Planning Control,25(5), 425-446. Talbot, J. (2015). Information, finance, and the new international inequality: the case of coffee.journal of world-systems research,8(2), 215-250.
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