Debt and Leverage Ratio Essay Example

Debt and Leverage Ratio Essay I would recommend financial strategies # 2 $100 million purchase price funded by 100% debt. (This is before I did free cash flow forecast for # 9). It will provide the highest tax shield of $17. 49 million for CPP. In addition, Pinkerton has the highest value of $107. 34 million under this strategy. 7. Below is the balance sheet after CPP and Pinkerton acquisition. * CPP market value leverage ratio is 7. 46% and book value leverage is 14. 69% before acquisition. * After acquisition, with $75 million debts, the market value leverage ratio is 52. 9% and the book value leverage ratio is 64. 49%. * After acquisition, with 100 million debts, the market value leverage ratio is 69. 95% and the book value leverage ratio is 85. 14%. 8. Below is the transaction of loss equity. CPP receives $25 million from the bank but gives up $32. 58 million to the bank for the promised 45% equity after acquisition. The cost of doing equity issue is $7. 58 million. Equity Issue with $ 75 million debt| Value of Combined CPP| 147. 4| Minus Long term debt| 75| Equity| 72. 4| Minus 45% to banks| 32. 58| CPP receive| 25| Loss| 7. 58| 9. From the expected cash flow table below, CPP has extra free cash flow by financing $75 million debt compare to financing $100 million. Both strategies provide positive free cash flow for the next five years. From the Pessimistic cash flow table below, CPP has more cash flow by financing $75 million debt compare to financing $100 million. $75 million debt strategy provides positive cash flow for the next five years. On the other hand, $ 100 million debt financing will lead to negative cash flow on the fourth and fifth year. 10. * I would recommend Tom Wathen to bid on Pinkerton. The acquisition with Pinkerton will create synergy and bring incremental free cash flow to CPP. According to the valuation, the value of CPP is about $ 41. 53 million and the value after acquisition will increase to $147 million. * Initially, CPP bided $85 million but was rejected. From the valuation, Pinkerton is worth $108 million (include incremental value) at the expected value and $85 million (include incremental value) at the pessimistic value. If you take the average of $108 million and $85 million it comes to $96 million. Therefore, I would recommend Wathen to bid $96 million. We will write a custom essay sample on Debt and Leverage Ratio specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Debt and Leverage Ratio specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Debt and Leverage Ratio specifically for you FOR ONLY $16.38 $13.9/page Hire Writer This would ensure that Wathen’s bid would come in at the right price and not be lower than other bidders. * After doing the free cash flow forecast for the next five years there was negative cash flow with $100 million debt in pessimistic period. Wathen should finance $96 million with 75% in debt ($72 million) and $24 million in equity in exchange for 31 % of the equity in the new combined firm. By doing this, it will ensure no equity loss to the bank. In addition, with $72 million in debt and $24 million in equity will ensure no negative cash flow when the economy is bad (in pessimistic period).

Free Essays on Milestones In Communications

The capabilities of modern communications would utterly astound our ancestors. Did you ever stop to think that it took five months for Queen Isabella to hear of Columbus' discovery, or that it took two weeks for Europe to learn of Lincoln's assassination? We take for granted immediate news of everything that is going on in the world, but it was not always so. Modern technology and future predictions are easier to comprehend when we view them in terms of our past. What follows next is a list of what we consider some of the more significant events in the annals of communication. Our list is arbitrary and includes items chosen not only for technological innovation, but for creativity and human interest as well. The Battle of Marathon „o Pheidippides' Run For centuries, the speed of communication was, in essence, the speed of transportation. Perhaps no event so dramatizes this limitation as Pheidippides' run following the battle of Marathon in 490 BC. As told in the history books, a badly outnumbered Greek force defeated an invading Persian army on the plains of Marathon, 20 miles from Athens. Fearing that the defeated Persians would regroup and attack Athens and that the city would surrender without knowing of the victory, the Greek general dispatched his swiftest runner, Pheidippides. As he reached the city, Pheidippides stumbled, delivered his message, and fell dead of exhaustion. Paul Revere ¡Ã‚ ¦s Ride "One if by land and two if by sea" refers to lanterns hung from the North Church in Boston in 1775 to indicate the route the British were taking. The lanterns were the signal for Paul Revere to begin his famous midnight ride, perhaps the most famous communication in American history, immortalized by Henry Wadsworth Longfellow's poem. In actuality, Revere made two rides, on April 16 (to warn the patriots to move their military supplies) and again on April 18 (to tell the people to take up arms.) Few people know that Revere ... Free Essays on Milestones In Communications Free Essays on Milestones In Communications The capabilities of modern communications would utterly astound our ancestors. Did you ever stop to think that it took five months for Queen Isabella to hear of Columbus' discovery, or that it took two weeks for Europe to learn of Lincoln's assassination? We take for granted immediate news of everything that is going on in the world, but it was not always so. Modern technology and future predictions are easier to comprehend when we view them in terms of our past. What follows next is a list of what we consider some of the more significant events in the annals of communication. Our list is arbitrary and includes items chosen not only for technological innovation, but for creativity and human interest as well. The Battle of Marathon „o Pheidippides' Run For centuries, the speed of communication was, in essence, the speed of transportation. Perhaps no event so dramatizes this limitation as Pheidippides' run following the battle of Marathon in 490 BC. As told in the history books, a badly outnumbered Greek force defeated an invading Persian army on the plains of Marathon, 20 miles from Athens. Fearing that the defeated Persians would regroup and attack Athens and that the city would surrender without knowing of the victory, the Greek general dispatched his swiftest runner, Pheidippides. As he reached the city, Pheidippides stumbled, delivered his message, and fell dead of exhaustion. Paul Revere ¡Ã‚ ¦s Ride "One if by land and two if by sea" refers to lanterns hung from the North Church in Boston in 1775 to indicate the route the British were taking. The lanterns were the signal for Paul Revere to begin his famous midnight ride, perhaps the most famous communication in American history, immortalized by Henry Wadsworth Longfellow's poem. In actuality, Revere made two rides, on April 16 (to warn the patriots to move their military supplies) and again on April 18 (to tell the people to take up arms.) Few people know that Revere ...

Sustainability Marketing Essay Example | Topics and Well Written Essays - 2000 words

Sustainability Marketing - Essay Example While economic pressures govern organisational strategies, their social responsibilities have also assumed increased significance. Widespread focus and attention on the issues of corporate social responsibilities and sustainable growth aspects have shaped new governance policies and practices. Such perspectives define the role organisations can play in creating responsible economic, environmental and social well-being of the communities they impact or serve. Several studies and observations made in this context have sparked debates on whether the marketing practices today are suited to an age characterised by environmental deterioration, scarcity of resources, expanding population and growing income disparities. Recent frameworks in this context are shaping innovative marketing practices that are founded on the principles of sustainability. A number of research studies have focused on explaining and exploring the concepts of sustainable marketing. This paper provides a deeper insight into the observations and conclusions provided by these studies and how it has contributed to the evolution of the concept of sustainable marketing practices. ... ion on Environment and Development’s report sustainable development is defined as the â€Å"development that meets the needs of the present without compromising the ability of future generations to meet their own needs† (World Bank Group website, 2001). Sustainable development relates to the ability of the organisations to balance the social, economic and environmental objectives. While economic objectives refer to industrial growth, individual needs, community requirements, and services social objectives refer to community empowerment, social mobility, cultural preservation, and equality. These needs and objectives should balance the environmental needs that encompass biodiversity, natural resources, ecosystem, pollution free air and water (Vagasi, 2004). Sustainable marketing remains an ambiguous term considering the paucity of extensive research in this area. Chen et al. (2009) define sustainable marketing as â€Å"the establishment, maintenance and enhancement of c ustomer relationships in order that the objectives of the parties involved are met without compromising the ability of future generations to achieve their own objectives† (p88). The essence of this definition can be related to the principles of sustainable development that are being incorporated by organisations across all disciplines for improved social and ethical business practices. The whole concept of green marketing or sustainable marketing is based on the principle of respecting the environment and considering social benefits as a distinctive part of the goods or services being sold in the market (Kotler et al., 2010). The essence of sustainable marketing practices is visible in various stages of product development, modification of existing products, changes in the production process,

Obesity Essay Example | Topics and Well Written Essays - 250 words - 10

Obesity - Essay Example In some instances, obesity is caused by genes disorders, psychiatric illnesses, medications, or even endocrine disorders. Stern & Kazaks (2009) explains that the notion that obese people normally eat little food, but they are overweight because of a slow metabolism process in their body, is false. This is majorly because there is little evidence to support these facts. The major treatment of obesity includes exercising and dieting. Dieting involves improving the quality of food an individual takes, by reducing the consumption of food products that are full of energy (Stern & Kazaks, 2009). This includes food substances such as sugar, fats, etc. It is also recommended that an individual should consume food substances that are rich in dietary fiber. Furthermore, there is a need of taking the anti-obesity drugs, for purposes of reducing the appetite of fatty foods. If the use of dieting and exercising is not sufficient, then it is possible to treat obesity through the use of a gastric balloon or surgery. Surgery may help in reducing the volume of an individual’s stomach, or the length of their bowel. This would in turn help in reducing the nutrients that have the capability of causing obesity. Obesity is a widely researched topic in European countries and also in United States. In a research carried out by National Center for Health Statistics, there is an increase in the number of people living with obesity in United States (John Hopkins Medicine, n.d). That is, more than one hundred million people are living with

The underground world of commercial sex (Real Stories of Prostitution Essay

The underground world of commercial sex (Real Stories of Prostitution in America) - Essay Example Prostitution comes into different forms. It can be in a form of escort service, massage parlours onto the internet, or clubs like the Bunny Ranch. One thing deeply interrelated with prostitution is drug addiction. Most women sex workers depend on drug to be able to work as a prostitute or a hooker. When we talk about this topic, I must say that it is very important to pay consideration to the women and their sides of story. Sometimes we judge them directly for what they are or their profession, but not for who they really are. Some of these women, like those interviewed by Diane Sawyer, are victims of society. A lot of these girls are young who were systematically abused, who ran away from home, who need money, and are very vulnerable to promises that this so called profession can offer. But they stick to the job to live. This means that it is not in their free will that they wanted to have a job like this. They resort to drugs to forget who they are and just do the job to support th em. When they are on duty, they have to forget who they are and fulfil their customers’ fantasies, even if that means pretending to be their pretty nice little girlfriends and whatever they desire. It is just so sad that these women are more likely to get arrested than the johns who pay them.

Women In A Midsummers Night Dream English Literature Essay

Women In A Midsummers Night Dream English Literature Essay Shakespeares female characters are represented across a variety of social classes. In this essay I will explore how Shakespeare portrays women in A Midsummer Nights Dream inclusive of several female characters in this play. This allows us to examine in depth, to a very limited extent, how they were treated in society and the stereotypical roles Elizabethan society imposed upon them. I will be examining specifically the characters and portrayal of Hippolyta, Helena and Hermia and how they defy the stereotypical notion of how women were treated by men. Firstly, the most obvious aspect regarding Shakespeares portrayal of women in this play is that the female gender is commodified. Throughout the play, women are treated like objects to be sold or traded. With reference to the background of the characters Theseus and Hippolyta, Greek mythology states that when Theseus, the Duke of Athens, sailed to the land of the Amazon, the Amazons offered Theseus gifts of peace. However, Theseus kidnapped Hippolyta, the queen of the Amazonians, and forcefully made her his wife.  [1]  This resulted in the war between the Athenians and the Amazons. Theseuss action of claiming Hippolyta as a prize and a wife might show that he treats them as objects rather than human beings.  [2]  This idea is reinforced when Theseus says Hippolyta, I wooed thee with my sword, and won thy love doing thee injuries (I.i.16-17). This statement refers to how Theseus won the battle with the Amazons and in conquering the Amazons; he has conquered their queen, Hippol yta, both physically and emotionally. Hippolytas lines in this play are of relatively insignificant amount and value as compared to Theseuss. For example, in the first Act, Hippolyta only comforts Theseus by saying that Four days will quickly steep themselves in night; Four nights will quickly dream away the time (I.i.7-8) and they will have the marriage ceremony soon. In addition, Theseus appears to be making the decisions regarding everything, ranging from their marriage to Hermias marriage. This is significant as it shows that Hippolyta is subservient to Theseus as she has little say in these state events despite being seated next to Theseus. In addition, Hippolytas silence could possibly show how she is unhappy about being forced into a marriage with Theseus  [3]  as shown in the 1970s BBC production of A Midsummer Nights Dream. Hippolytas silence could also be seen as a rejection of male dominance.  [4]  However, it is also significant that Hippolyta gets is given more of a voice in the last scene after bein g married and this will be explored later. Another relationship that suggests the marginalizing of women is seen again between Egeus and Hermia. Egeus, Hermias father, has made up his mind to marry Hermia to Demetrius but Hermia refuses to do so. Egeus then brings up this complaint to Theseus, hoping Theseus is able to help him. In doing so, Egeus is shown to regard Hermia as a commodity. Egeus says that Hermia has turned her obedience, which is due to me (I.i.37) and that since she is mine, I may dispose of her (I.i.42). These 2 lines show Egeus treating Hermia as mere property  [5]  because he made her and hence Hermia ought to listen to her fathers instructions. This idea is also proven by some parents in the early 17th century such as Sir Edward Coke who whipped his daughter into marriage with a mentally unsound man.  [6]   Moreover, Theseus becomes the personification of the law in Athens as he tells Hermia to either to die the death, or to abjure for ever the society of men (I.i.65-66). According to the ancient privilege of Athens (I.i.41) a womans father has the right to decide who she should marry and she has no say in his decision. If the woman goes against the wishes of her father, she can either be put to death or to stay a virgin forever by becoming a nun. The number of different options given by both Theseus and Egeus only goes to support the fact that Renaissance women were constrained in the verbal medium and that silence was the virtue most stringently required from Renaissance women.  [7]   However, it is also through these three women that we see the female gender defying the societys treatment of women then. Hippolyta, Helena and Hermia go against the grain in their unique ways and show that despite the limitations and laws that society imposes upon them, they are able to assert themselves and show society that they have the potential to be as capable as men. Critics have said that Shakespeares portrayal of women in this manner could possibly be his own stand on how women should be treated equally as men but since he belongs to the Elizabethan era, it is still difficult to garner Shakespeares precise views on feminism and its issues solely based A Midsummer Nights Dream and even if we could, it is still problematic to judge his 16th 17th century mindset based on the definitions and criteria of twentieth century feminism.  [8]  In addition, Shakespeare is based in the Elizabethan era yet he writes about the lives and attitudes of the ancient Greeks. This suggests that interpreting Shakespeares mindset from his works is only reliable to a small extent. Hence, his representation of women only serves as an understanding to how he was unorthodox in the gender assumptions of his era. One extremely effective method of showing that women should assert having their opinions and rights recognized by men is to have the characters in A Midsummer Nights Dream either engage in a power struggle or a role reversal. The very first power struggle shown in the play exists between Egeus/Theseus and Hermia. In Act 1 Scene 1, Hermia openly defies Egeuss wishes for her to marry Demetrius instead of Lysander. Through Egeuss eyes, Hermia is seen to have a stubborn harshness (I.i.38) and she will not consent to marry with Demetrius (I.i.40). She defies Egeus despite knowing that ancient tradition grants the father power to marry his daughter off whoever he wishes to. Nonetheless, she even conspires with Lysander and agrees to his plan of leaving Athens to Lysanders widow aunt whose house is remote seven leagues (I.i. 159) and out of reach of the sharp Athenian law (I.i.162). While running away might seem like a nuanced and subtle form of defiance, it is still an affirmation of Hermi as rights and freedom as a woman to choose who she marries. In the same scene, she defies Theseus in both her tone and her language. For example, when Theseus tries to persuade Hermia to marry Demetrius by saying that Demetrius is a worthy gentleman (I.i.52) Hermia asserts, So is Lysander (I.i.53). In addition, when Theseus tells Hermia that she faces either a nunnery or death, she replies that My soul consents not to give sovereignty (I.i.82) and she would rather be a nun than having to marry Demetrius. In Hermias case, the act of women asserting themselves is almost unheard of as Shakespeare lived in a patriarchal culture in which authority and privilege is particularly invested in the hands of the patriarch of a family. This shows that women were subordinate to men.  [9]   The most obvious example of gender reversal is between Demetrius and Helena. In Act 2 Scene 1, Helena reminds the audience about this role reversal by saying, We cannot fight for love, as men may do; we should be wooed, and were not made to woo (II.i.241-242). This line refers to how, in this situation, Helena is playing the role of the male chasing after the female (Demetrius) through the woods and persuading Demetrius to love her. Although I acknowledge that Helena is forced to woo Demetrius due to her situation of unrequited love, it is not proper for a woman to behave in this manner in Ancient Greece. This role reversal between Helena and Demetrius suggests that in Ancient Greece, women were generalized as insensible and unable to make proper judgments and hence needed a male guardian.  [10]  By getting Helena to play the role of men, Shakespeare creates comic relief as the audience sees it as ridiculous and absurdly funny. In addition, some members of the audience may feel sympathetic for Helena instead. Inducing sympathy and challenging the audiences perception of women could have been Shakespeares intentions to promote equal treatment regardless of gender. Nonetheless, this seemingly comic situation still holds true to this day as we, to a small extent, still stereotype women as human beings to be wooed by men despite various organizations pushing for female equality. This may be due to our genetic makeup as human beings or cultural influences about women but we do not exactly know. The final instance of a power struggle between the genders occurs between Theseus and Hippolyta. In Act 5 Scene 1, Hippolyta voices out that she disagrees with Theseus on the events that happened to the lovers the previous night. While Theseus says that he may never believe these antique fables (V.i.2-3), Hippolyta disagrees and says that it must have been true because all their minds transfigured together (V.i.24) and it was more witnesseth than fancys images (V.i.25). Hippolytas verbal answer can be seen in two ways. Firstly, Michael Boyd, a stage director implied that Hippolyta has accepted Theseus as she gives her husband a kiss. This suggests that Hippolyta is simply discussing the whole issue about the lovers with Theseus. The darker way of looking at this is that Hippolyta is involved in struggles for power in a patriarchal society.  [11]  In doing so, Hippolyta empowers the female gender by going against how women were supposed to be submissive and agreeable to their husb ands. In conclusion, I hope this essay demonstrates Shakespeares several conscious and subconscious feminist intentions, through A Midsummer Nights Dream, in his portrayal of women as opposition to the supposed virtues of marriage.  [12]  More importantly, this paper would have suggested that A Midsummer Nights Dream may be interpreted to imply Shakespeare being a proto-feminist who understood and sympathized women who were treated unfairly.

Science Technology Company Essay -- Science Technology Company Busines

Science Technology Company Bill Watson of Science Technology Company (STC) should not discuss the current 5-year financing plan prepared by Harry Finson, the chief financial officer, at the forthcoming board meeting. The industry that STC is in has short product life cycle, rapid technology obsolescence and fast growth with increasing competition. In fact, STC’s strategy to survive the competition is to maintain leadership in ATE segment and to further compete in the large scale integrated (VLSI) circuits segment by chasing market share and spreading high R&D cost over large sales. However, the large sales growth seems to be more difficult to obtain with the newly added competition. Based on historical trend, level of competition, and other related industry figures; It is suggested that a more reasonable 12.8% annual growth projection be used. STC is losing cash flow in both its operating and investing activities; therefore projections of 30% sales growth are overly optimistic and unreliable. When STC began they only competed against a handful of companies, and although they currently hold the dominant share of the market, this increase in competition could upset future revenue. Increasing competition in the ATE segment will inevitably induce price wars, which will further deplete the profit margin of the company. If price wars were to take place, Teradyne seems to be the reasonable winner. In fact, over the last 5 years, Teradyne has amassed a tota...

Born in China Essay

I was born in China, a country that has long been known for its excellence and leadership in terms of math ability and numerical problems solving. Just like any Chinese child, I was raised surrounded by numbers and even learned to count in numerical order in Chinese and English before I learned the alphabet. In 1996, my family migrated to Hong Kong where I continued with my education. It was during this educational period that my love for numbers slowly emerged. Nobody could seem to understand, not even I, why I could not sit still in the classroom and listen to the teacher as she taught our classes but then sit very still and attentively every time the subjects leaned towards the Math and Science subjects. While I was bored during the other classes and almost falling asleep in my chair, I would come to life and be the most active participant during classroom discussions that involved numbers. By the end of my secondary school education in Hong Kong, it was pretty obvious to everyone around me that I had a very good head for Math and that this unique ability should be honed and harnessed in order to help my development as a person and member of society. I was lucky enough to have been given a chance to come to the USA in order to under take my college education. This began with my attendance at the Pasadena City College for one year and then my eventual move to East Los Angeles College. My major in both colleges has consistently been Business and Accounting. This is evident in all my grade transcripts as it shows that I performed quite remarkably in the Accounting related subjects while I struggled in the others. Somebody once asked me if I thought that Accounting was unfair because some people excelled in the subject while others did not. At first I was not sure about how to answer his question but then I realized that Accounting is not an unfair thing. The problem that most people have with accounting is that they have very short attention spans. A short attention span has no place in the accounting field because this exacting numbers crunching game requires an analytical eye and tremendous patience in order to be able to properly analyze and give attention to each and every number indicated on the spreadsheet. Accounting is not for the impatient. I will admit that Accounting is a true passion for me. I can work on any accounting scenario for hours on end and not get tired of it. I guess this is why my aunt decided to hire me to work at her dental office. She asked me to come and work for her as her accountant. I was ecstatic when she offered me the job because for me, an accounting job is a dream come true. Anybody who know show crazy I am about Accounting will attest to the fact that I can spend a whole day staring at balance sheet and comparing accounting records. Actually, one of my favorite activities at my aunts office, Garfield Dental, was to work on the forms for the insurance payments, aside from working at the front desk and doing other paperwork for the office. Indeed, numbers is the greatest passion of my life. It is the one other thing that, aside from my parents, taught me the value, patience, hard work, concentration, and discipline. Numbers was the one constant in my life that I could depend upon. Accounting problems are definite and therefore the outcome will always be the same. The solutions remain constantly unchanging. Accounting and Math are passions that are not easily shared with other people. Yet those that do share that kind of passion have a higher level of maturity and sense of discipline. Truly, these are the kinds of passions that the French philosopher Dennis Diderot was referring to when he said that â€Å" only passions, great passions, can elevate the soul to great things. † Such is my passion for Accounting and such also, is the passion for learning that I shall take with me once I am admitted as a student into USC.

The Fact-packed Email Subject

The Fact-packed Email Subject The Fact-packed Email Subject The Fact-packed Email Subject By Michael For important email messages, try to see how much content you can get into your subject line. I dont mean you should try to see how long a subject line you can write 60 or 80 characters should be the maximum. No, but sometimes you want to get your message across through the subject line alone, so the recipient can get the urgent news even before reading the whole message. For example, if youre organizing a Toastmasters meeting, try something like, Tech-Talk Toastmasters, Friday noon, Jims Restaurant. But you say, If I put too much in the subject, nobody will read the rest of the email. Then make it Fridays Toastmasters meeting agenda. What subject line do you use when cold-calling, or sending an email to someone who doesnt expect it? Use specific details that a spammer wouldnt. For example, If you want to discuss a new paint thinner with a professional painter in your rainy town of Oakhurst, use an email subject such as Better paint thinner for Oakhurst humidity. If youre contacting someone upon the recommendation of someone elses, put the recommenders name in the subject line. Even if the email is unsolicited, the details are authentic enough, and the product benefits are real enough, that your subject line may convince the painter to open the email. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Business Writing category, check our popular posts, or choose a related post below:Is She a "Lady" or a "Woman"?10 Colloquial Terms and Their MeaningsThe Uses of â€Å"The†

3 More Cases of Dangling Modifiers

3 More Cases of Dangling Modifiers 3 More Cases of Dangling Modifiers 3 More Cases of Dangling Modifiers By Mark Nichol In each of the sentences below, the subject of the main clause is not logically associated with the subordinate clause, so the former must be recast to begin with the noun or pronoun in the sentence that the latter applies to, or the sentence must be revised so that a subject that pertains to the additional information provided at the head of the sentence replaces the inapt noun or pronoun. Discussion following each example explains the unsuitably of the existing subject, and revisions demonstrate how the sentences can be repaired. 1. Broken by unresolved trauma, the apocalypse is slowly wearing her down. The person referred to, not the apocalypse, is broken by unresolved trauma, so she must be the subject of the main clause: â€Å"Broken by unresolved trauma, she is slowly being worn down by the apocalypse.† 2. As a valued customer of World Wide Wickets, we would like to extend an invitation to you to view some exclusive deals on our products. Because we is the first word that follows the subordinate clause, the erroneous implication is that the entity self-described as â€Å"we† is a valued customer of the company, so the sentence must be recast to place the entity â€Å"you† in that role; the â€Å"we† can safely be omitted: â€Å"As a valued customer of World Wide Wickets, you are cordially invited to view some exclusive deals on our products.† 3. Appearing on the cover of Time magazine in 1994, tales of his exploits on the job turned him into a local legend. This sentence implies that tales of a person’s exploits appeared on the cover of the magazine, but it was he himself who appeared on the cover, and the role of the tales in turning him into a local legend is a separate matter: â€Å"He appeared on the cover of Time magazine in 1994, and tales of his exploits on the job turned him into a local legend.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Grammar category, check our popular posts, or choose a related post below:75 Synonyms for â€Å"Angry†The Parts of a Word7 Sound Techniques for Effective Writing

Mina O'Reilly at Logan Airport's TSA Essay Example | Topics and Well Written Essays - 1000 words

Mina O'Reilly at Logan Airport's TSA - Essay Example The supervisor under whose jurisdiction the TSO was appointed was Mina O’Reilly. Mina O’Reilly has a very good track record and it is because of her supervision, that Logan airport was declared as the airport of the year. Ludo Sanchez was also a hard-working efficient TSO who not only took his responsibilities seriously but also delivered them with dedication. He had a magical effect on the checkpoint. He was also offered promotion which he denied as he wanted to work as a frontline employee. So Mina O’Reilly had strong faith in his dutifulness and had no doubt in his dedication towards his work. However, the recent security breach has questioned the past notion of Mina O’Reilly for Ludo Sanchez. The security breach took place when Ludo Sanchez made a phone call to his daughter and was telling her to complete her homework on time. The call lasted for just a few minutes, but within this few minutes a man carrying a blue hand bag passed the exit lane to the sterile terminal area without security check. Flights got delayed as the blue bag the man was carrying needed to be identified and checked, so that there is no fear of explosives or hazardous elements on plan. All these delays and confusion occurred just because one security breach for which Ludo Sanchez was responsible. Mina O’Reilly is now the responsible person to take measures against this security breach. Mina O’Reilly Steps against Security Breach of Ludo Sanchez Mina O’Reilly received the detailed feedback from Lead Transportation Security Officer (LTSO). She was the one to decide what next steps to be taken against Ludo Sanchez. Though she had the power to terminate Sanchez immediately for his negligence, but she did not wanted to do it because Sanchez had a very good past performance record, and he was a very dedicated employee of the company. O’Reilly had several options in front of her to deal with the situation, but she had to choose one among them. She can assign Sanchez’s duty to a position which requires lower security, such as the exit lane, but ironically that was the position the security breach took place, when Sanchez was distracted. The second option would be to give him a verbal warning and developing a specific performance development plan for him to improve his performance and attentiveness. Third, option would be to send him for retraining and counseling. These were the probable options that O’Reilly can refer to for deciding her ultimate steps in Sanchez’s case. O’Reilly should be combining the options that she has decided; this means that she should give a verbal warning to Sanchez for his negligence. He should be sent for retraining and counseling, so that the protocols would be explained to him ones more and counseling would stop him from getting discouraged or de-motivated through the mistake that happened because of his negligence (Buchler, 2011, p. 231-233). Model of Employ ment The model of employment of Transportation Security Administration (TSA) signifies the organizational structure of the agency. In TSA the TSO’s position was the entry level position who worked as screening units. The annual salaries of these TSOs are $25,000 to $35,000. There were approximately 760 TSOs. They are responsible for travel document checking, checking luggage through X-ray machine, metal detectors, monitoring the exit lane, tracking explosive devices, etc. For each or these duties LTSO is assigned. There are about 148 LTSO. They handle a team of TSOs. Then

What is data mining and how can it bring benefits to a business Essay

What is data mining and how can it bring benefits to a business organisation - Essay Example 2007).Data mining is incorporated for gaining in depth patterns for market intelligence from data warehouses containing massive amount of data. However, the issue that arises is not the quantity of data, as we already have massive amount of data to work with, it is the methodology that is required to learn data. Likewise, data provides all the attributes but how to utilize them for gaining benefit is another question. This is the area that is addressed by data mining, as it is used for extracting valuable information from large amount of data saved on periodic basis. Likewise, information that can be extracted may contain relationships and different patterns. For instance, a retail store may indicate that some products are more in demand in one channel of distribution, there may be two different products that are sold at the same time in a specific geographic location, some specific products are more in demand in some geographic locations and similarly, some products are more demandi ng in certain events may be associated with religious events. If we take an example of Wal-Mart, the store has found that if there is a probability of a hurricane, the demand of beet increases in that specific geographical area, therefore, stores have to stock more beers that usual in this sort of situation (Keating 2008). Employee associated with utilizing patterns of customer behavior from data mining, i.e. a financial analyst would seek facets of the store or organization that may become bankrupt, similarly, human resource managers would seek information of a successful potential employee, employees working in a credit card department would like to get information associated with credit card debts payments from potential customers and also to analyze the legitimate credit card transactions against the falsified ones, marketing department executives would like to extract information associated with product