Sunday, December 29, 2019

Similarities between Martin Luther Kings Letter from...

Even the most cursory analysis of Letter From Birmingham Jail by Martin Luther King, Jr. and A Modest Proposal by Jonathan Swift reveals glaring differences between the two essays. Surprisingly, a side-by-side comparison also yields many similarities between the two works. The most obvious similarity between the two essays is the overarching theme of the subject matter. In both essays, the writers address deeply-entrenched social injustices. For example, in Letter From Birmingham Jail, King, in his highly-impassioned and evocative style, submits a powerful essay that addresses racial segregation in the American South during the 1950s and 1960s. In his letter, King mentions that the brutal history of the American Negros†¦show more content†¦In spite of the radical differences between Swifts and Kings literary devices and the forthrightness of their solutions to socially-unjust laws and practices, there remain many similarities between the two essays that need to be explored further. King made several references to Christian Biblical stories, especially from the Gospels, in Letter From Birmingham Jail. Kings letter takes on a religious, almost-grandiose proportion with King likening his quest for racial equality to a Christian mission: I am in Birmingham because injustice is here. Just as the eighth-century prophets left their little villages...I too am compelled to carry the gospel of freedom beyond my particular hometown (1). While Swift certainly does not adopt the persona of a religious man in A Modest Proposal, his essay also contains religious elements, albeit comments made in an underhanded jest. Swift makes a few jibes at Roman Catholicism, stating that, if his proposal were implemented, a collateral benefit would be that, due to the higher reproduction rate of Roman Catholics in Ireland, the kingdom would be made a better place by lessening the number of Papists LAST NAME 4 among us. Swift extends such condescension to

Saturday, December 21, 2019

Positive Communication and Its Effect on Interpersonal...

Abstract This paper provides information about what positive communication is and the effect it has on interpersonal relationships. Positive Communication and Its Effect on Interpersonal Relationships The more effectively people communicate with their significant other, the more satisfying and successful their relationship will be. Most people will agree that in order to have a successful relationship it requires positive and effective communication. What is positive communication? Bill Mansell, President of MindPerk Inc. states that â€Å"positive relationships can mean the difference between success or failure in our business, family and personal life. And, communication is the key to these relationships.† Mansell shares ten steps†¦show more content†¦Negotiation means sometimes bending to meet your partner half way, coming to a happy medium, or agreeing to disagree. Not every conflict will have a resolution primarily because both partners come from different backgrounds, cultures and families. Through positive communication a couple should be able to agree to disagree when not able to negotiate. Sometimes couples encounter differences in decisions in which compromise is not possible. Rosenblatt and Rieks define compromise as, â€Å"a settlement in which each side gives up some demands or makes concessions.† â€Å"In couple relationships one partner’s self-interests may conflict with the interests of the other. Some times, conflict may be resolved through concessions at the expense of one’s own immediate self-interests for the interest of the partner or relationship, but then the concession may be made with the expectation that the partner will make comparable concessions in the future.† (Rosenblatt amp; Rieks, 2009). Remember that your relationship is a two way street and therefore, your communication should be as well. You cannot have an effective relationship if your motto is, â€Å"my way or the highway.† Finally, positive communication includes honesty. We should not only be honest to and about one another, but to and about ourselves. Even though we think the truth may hurt ourShow MoreRelatedInterpersonal Communication And The Workplace946 Words   |  4 PagesInterpersonal communication in the workplace is developed positively or negatively on the individual relationships we have combined with our human behaviors and human actions within each of those relationships. 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Adolescents begin to acquire life-long interpersonal relationshipsRead MoreThe Importance of Interpersonal Communication1186 Words   |  5 Pages------------------------------------------------- The Impact of Interpersonal Communication for Startup Business in TANRI ABENG UNIVERSITY ------------------------------------------------- English for Academic Purpose Naimy Zam Zam / Corporate Communication / 13.013 Abstract This research proposal contains the analysis about interpersonal communication in startup business The Impact of Interpersonal Communication in Startup Businesses Introduction These days, there are so many startupRead MoreWhat Makes An Athlete Successful? Essay1360 Words   |  6 Pagesof is the communication that the athlete has been surrounded by while playing their game. Interpersonal communication in sport plays a large role in the success of an athlete, and the impact of it starts as soon as we get involved in sport. For some of us that involvement begins when we are toddlers, and for others it may come later in life. The interpersonal relationships athletes develop through sport are coach to player, parent to player, and player to player. Within these relationships are factorsRead MoreImportance of Interpersonal Communication Skills in Healthcare Professions1558 Words   |  7 PagesImportance of Interpersonal Communication sills in Healthcare Professions Interpersonal communication is a fundamental element to any healthcare interaction. First, second and third person communication skills are primary aspects of an interaction, encompassing both verbal and non-verbal communication skills. It will be argued that rapport building and questioning are vital interpersonal skills in a healthcare context and possessing the ability to ensue a positive relationship between a healthcare

Friday, December 13, 2019

Capital Budgeting Panasonic Manufacturing Malaysia Berhad Synopsis Accounting Essay Example For Students

Capital Budgeting Panasonic Manufacturing Malaysia Berhad Synopsis Accounting Essay Panasonic Manufacturing Malaysia Berhad is engaged in the industry and sale of electrical place contraptions, batteries and related constituents. The Company chiefly operates in Malaysia, Japan, Asia/Middle East and others. The Company holds a 40 % equity involvement in its associated company, Panasonic Malaysia Sdn. Bhd, a company incorporated in Malaysia. The chief activities of the associated company consist of the gross revenues of consumer electronic merchandises, place contraptions, batteries, office mechanization, undertaking systems and room air-conditioners under the trade name name, Panasonic. In the late 2011, the production in Panasonic works in Thailand was suspended due to deluge catastrophe experienced. Minimizing the hazard, the board member reassigning 40 % of production line from Panasonic Manufacturing Co. Ltd ( Thailand ) to Panasonic Manufacturing Malaysia Sdn. Bhd. Production of certain constituent will be shifted to Malaysia. Due to increasing of production capacity, Panasonic Manufacturing Malaysia Sdn. Bhd urged to put a set of machine for production. Outline1 Introduction2 Company BACKROUND3 Issue4 Question5 Solution:6 Depreciation ( Straight line method )7 A8 A9 A10 A11 A12 A13 A14 A15 Cash Flow DWDAE Co. , Ltd. :16 A17 A18 A19 A20 A21 A22 A23 A24 A25 A26 A27 A28 A29 A30 A31 A32 A33 A34 A35 A36 A37 A38 A39 A40 A41 A42 A43 A44 A45 A46 A47 A48 A49 A50 A51 A52 A53 A54 A55 A56 A57 A58 A59 Interest Paid60 Income Tax61 Present Value of Net hard currency flow62 Net Present Value ( NPV ) :63 A64 A65 A66 A67 Payback Time period:68 A69 A70 A71 A72 A73 Discounted Payback Period:74 A75 A76 A77 A78 A79 Profitability Index80 A81 A82 A83 A84 Depreciation ( Straight line method ) for WCHCME CO. , LTD.85 A86 A87 A88 A89 A90 A91 A92 A93 Cash Flow WCHCME Co. , Ltd.94 A95 A96 A97 A98 A99 A100 A101 A102 A103 A104 A105 A106 A107 A108 A109 A110 A111 A112 A113 A114 A115 A116 A117 A118 A119 A120 A121 A122 A123 A124 A125 A126 A127 A128 A129 A130 A131 A132 A133 Interest Paid134 Income Tax135 Present Value of Net hard currency flow136 Net Present Value ( N PV ) :137 A138 A139 A140 A141 Payback Time period:142 A143 A144 A145 A146 A147 Discounted Payback Period:148 A149 A150 A151 A152 Profitability Index153 A154 A155 A156 A157 By all this affair, we conclude to take WCHCME CO. , LTD.. For the most match undertaking choosen. Introduction Natural catastrophe is one of unpredictable factors which affect company benefit and even company s sustainability. Most of natural catastrophes contributed some intervention in production lines of merchandises in a works, for case inundation that often occur in Thailand. It is making some jobs that drive the companies which located in the afloat country into immense losingss in every facets of concern. Panasonic Corporation is one of the companies which have suffered from this natural catastrophe. The issue and the fact that inundation is the dominant jeopardy in Thailand, with 1.5 events per twelvemonth is being concerned as serious issue to be addressed shortly by Panasonic Corporation as parent company in order to minimise the Panasonic planetary loss in the hereafter. It is accordingly will allow Panasonic keep its leading in electronics merchandises. The Board Directors come up with the thought which is reassigning the 40 % production capacity from Panasonic Manufacturing ( Thailand ) Co. , Ltd to Panasonic Manufacturing Malaysia Bhd. This new scheme is aimed to minimise the hazard of the company from the future natural catastrophe, because Malaysia is comparatively low hazard in term of natural catastrophe if compared to Thailand. Some harm on production machines and equipments in Panasonic Manufacturing ( Thailand ) Co. , Ltd as the consequence of inundation, authorities s supporting, state s good substructure and first-class quality of its human resource may act upon the determination of taking Panasonic Manufacturing Malaysia Bhd. by Panasonic Board Directors. Extra production capacity in Panasonic Manufacturing Malaysia Bhd. will take the several direction and the Board of Directors into no option except buying new machines and equipments which accordingly bare the company s capital. Therefore, some units be aftering are established to gauge the investing s demands and hazards in order to ease the board managers to bring forth a low-risk determination. Company BACKROUND In the late 1920s Matsushita Electrical Industrial Co. Ltd. was founded by Konosuke Matsushita, nowadays its called Panasonic. Panasonic is a Nipponese flag transnational electronics corporation headquartered in Kadoma, Osaka Japan. Panasonic has grown as elephantine electronic corporation alongside Sony, Toshiba and Canon. In add-on electronic, Panasonic offer non-electronic merchandises and services every bit good, such as place redevelopment and building technology. Panasonic is the universe s 5th largest telecasting maker and semiconducting material seller. The well-known recognized trade name Panasonic has a long narrative behind the popular family name and the scope of extended consumer durable goodss that carry its label stands its maker, the foundation of the trade name s success, Panasonic Manufacturing Malaysia Berhad PMMA. In Malaysia Panasonic has a long-standing presence for more than 30 old ages since it was established in 1976. Through out the old ages Panasonic has observed a Swift or advancement from its low start as a manufacturer of dry cell battery to Malaysian giant maker taking in electronic contraptions. Soon, Panasonic trade name name has emerged as one of the most welcome and sure trade name name for electrical and place contraption chosen by most Malayan families. At Panasonic, it industry, operate and present maintain a series of merchandise scope with globally competitory theoretical accounts under the Panasonic trade name name to the market, integrating new characteristics, enhanced capableness and improved quality, and every bit of import, with our first-class after-sales-services. Panasonic Malaysia Manufacturing Berhad-PMMA, was listed in KLSE on 14 December 1966. Nowadays Panasonic Malaysia Manufacturing Berhad holding RM 60,7 million paid up capital and RM 701 million turnover, and 1030 figure of employee. And the company mission to lend Malayan growing We dedicated ourselves to the development of the state and to the development of our industry. In our enterprises, we hope to better the quality of life around us. Profit entirely will non be our chief end: we will besides seek for ways to profit society ( PMMA Annual Report, 2011 ) For the 2nd back-to-back twelvemonth, the Company achieved double-digit growing in its gross and for the fiscal twelvemonth ended 31 March 2011, the Company achieved gross of RM761.4 million an addition of RM81.6 million from the old fiscal twelvemonth s gross of RM679.8 million. The higher gross stemmed chiefly from the higher export gross revenues to the Middle East part and the full impact on the transportation of industry and gross revenues of certain nutrient processor and drinker theoretical accounts from Japan to Malaysia in the fiscal twelvemonth under reappraisal. The leading gross revenues public presentation coupled with the execution of cost decrease steps, improved operational efficiencies, higher involvement income and foreign exchange addition enabled the Company to accomplish a singular combined net income before revenue enhancement of RM101.8 million for the twelvemonth ended 31 March 2011. This represents an admirable addition of 28 % or RM22.5 million against the old twelvemonth s combined net income before revenue enhancement of RM79.3 million. The Company s portion of its associated company s post-tax net income was RM8.4 million ( 2010: RM 6.8 million ) Panasonic Malaysia Sdn Bhd posted amalgamate gross of RM1.7 billion for the fiscal twelvemonth ended 31 March 2011 ; an betterment of 7.3 % compared with the old fiscal twelvemonth. The pre-tax and post-tax net incomes from its group operations were RM30.4 million ( 2010: RM23.0 million ) and RM21.1 million ( 2010: RM17.0 million ) severally With the pronounced betterment in public presentation, the Board of Directors is pleased to urge a concluding dividend of 35 cent per portion and a particular dividend of 95 cent per ordinary portion, less 25 % income revenue enhancement. This brings a entire dividend of 145 cent ( 2010: 120 cent ) per portion for the fiscal twelvemonth ended 31 March 2011. This sum represents an addition of 20.8 % from the last fiscal twelvemonth. The Board believes that the systematically high dividend payment twelvemonth after twelvemonth has garnered much involvement amongst the investing community on the portions of the Company. The portion monetary value of the Company has been lifting steadily during the fiscal twelvemonth under reappraisal shutting at RM21.50 on 31 March 2011. This rise in portion monetary value gives an impressive capital grasp to medium and long-run investors. Panasonic had unrelentingly attained a series of fabricating invention accomplishments and productiveness betterments, amongst others: Re-layout of assembly lines to increase production capacity for higher gross revenues demand. Enhancement of assorted procedures to better the end product capacity and to cut down CO2 emanation. Invention of mould plating engineering which resulted in lower care cost and better quality. Review of in-house plastic parts injection rhythm clip which resulted in large nest eggs. Application of new engineering on top of the bing know-how. Besides fabrication invention, the Company besides focused on merchandise invention on new characteristics, capableness and quality. In this context, the applied scientists from the Company s Product Development and Engineering Department had managed to develop 179 new theoretical accounts of assorted merchandises this twelvemonth. In order to better further in merchandise development, merchandise designs and degree of client satisfaction, the employees had visited the Panasonic client service subdivisions and service centres to listen to the voice of clients straight. This coaction had brought a batch of common benefits to all concerns, and enabled the squads to develop and present more competitory merchandises via client feedback. As a responsible maker, the Company undergoes regular audit to guarantee assorted quality criterions are adhered to. In the twelvemonth under reappraisal, the hearers from Panasonic Corporation, Japan Headquarter carried out rigorous audit on the Company s proficient and quality system to guarantee that it is in line with the Quality Policy of Japan Headquarters and we are pleased to inform that they were satisfied with the Company s quality systems. In recognizing that the sustainability and prosperity of the Company is extremely dependent on its employees, the Company introduced a new assessment system with bipartisan communicating, flexible working hours and offered particular inducement for employees who get cognition in adjustment, completing and injection accomplishments, Appropriate actions were besides taken to turn to concerns raised by employees via the Employee Opinion Survey. The Company will go on to keep optimal verve of the full administration by placing high possible staff and supply equal development for them to presume higher place. Hiking to Understanding EssayNet Present Value ( NPV ) Payback Period Discounted Payback Period Internal rate of return ( IRR ) and Profitability Index ( PI ) 2. Compare your consequence above an advice the board of managers of the company which of the two undertaking machine to set about. Your advice should explicate why you regard your pick as the best undertaking. Decision Solution: Pick the information to pull the hard currency flow: DWDAE CO. , LTD. WCHCME CO. , LTD. aˆ? The purchase monetary value 40 000 55 000 aˆ? Age economical machine 5 twelvemonth 5 twelvemonth aˆ? Labor costs / twelvemonth 12,000 14,000 aˆ? Cost of installing of machinery 10,000 12,000 aˆ? Care costs: First twelvemonth 4500 8800 The addition per twelvemonth 550 850 aˆ? residuary value engine ( twelvemonth 4 ) 8,000 10,000 aˆ? Receipt of hard currency: The first twelvemonth 45 000 60 000 The addition per twelvemonth 5,000 7,500 aˆ? Income revenue enhancement 30 % 30 % Depreciation ( Straight line method ) Year 0: 40,000 Year 1: ( 8,000 ) Depreciation Year 2: ( 8,000 ) Depreciation Year 3: ( 8,000 ) Depreciation Year 4: ( 8,000 ) Depreciation Balance: 8,000 ( Book Value ) RM 8,000 ( Book Value ) = RM 8,000 ( Price of machinery sold in twelvemonth 4 or Market Value ) Note = if the company may sell the machine above the monetary value value, so the net income from the sale will be capable to revenue enhancement ( Cash escape ) , but if the machine is sold below the monetary value book value, the company will acquire revenue enhancement freedom ( hard currency influx ) Undertaking DWDAE CO. , LTD A A A A Year 1 2 3 4 Depreciation of Machine/year ( 40,000/5 ) 8000 A A A A Value of machine-year 4 ( book value ) 40,000 32,000 24,000 16,000 8,000 Monetary value machinery sold in twelvemonth 4 8,000 Cash Flow DWDAE Co. , Ltd. : Undertaking DWDAE CO. , LTD A A A A Year 1 2 3 4 A A A A A A Cash Flow-Out ( RM ) A A A A A The Purchase monetary value ( Initial Outlay ) 40,000 A A A A labour Cost per twelvemonth A 12,000 12,000 12,000 12,000 Cost of installing machinery 10,000 A A A A Care Cost A 4,500 5,050 5,600 6,150 Interest paid A 2800 2400 2000 2000 Entire Cash Out Flow 50,000 19,300 19,450 19,600 20,150 A A Cash In Flow ( RM ) A A A A A Receipt of Cash A 45,000 50,000 55,000 60,000 Residual value of engine ( twelvemonth 4 ) A A A A 8,000 Entire Cash In Flow 45000 50000 55000 68000 Surplus/Deficit ( Cash in Flow- Cash escape ) -50,000 25,700 30,550 35,400 47,850 Income Tax ( 30 % ) A -7710 -9165 -10620 -14355 Taxs of the gross revenues of machine A A A A Cash Flow cyberspace ( Surplus- Income revenue enhancement ) -50,000 17,990 21,385 24,780 33,495 Interest Paid So, involvement rate of 7 % the first twelvemonth, 6 % the 2nd twelvemonth and 5 % for the 3rd and 4th old ages. Interest Paid = Interest rate per twelvemonth X purchase monetary value ( Initial Outlay ) 1st twelvemonth: 7 % x 40,000 = 2,800 2nd twelvemonth: 6 % x 40,000 = 2,400 3rd twelvemonth: 5 % x 40,000 = 2,000 4th twelvemonth: 5 % x 40,000 = 2,000 Income Tax Income revenue enhancement = per centum of income revenue enhancement ten ( Surplus Per twelvemonth ) 1st twelvemonth: 30 % x 25,700 = RM 7,710 2nd twelvemonth: 30 % x 30,550 = RM 9,165 3rd twelvemonth: 30 % x 35,400 = RM 10,620 4th twelvemonth: 30 % x 47,850 = RM 14,355 Present Value of Net hard currency flow After we get the Net hard currency flow, next we will seek for present value of each hard currency flow each twelvemonth to the present. 33,495 24,780 21,385 17,990 50,000 1st twelvemonth PV = Initial Outlay = 17,990 = 16,062.50 2nd twelvemonth PV = Initial Outlay = 21,385 = 17,047.99 3rd twelvemonth PV = Initial Outlay = 24,780 = 17,637.99 4th twelvemonth PV = Initial Outlay = 33,495 = 21,286.68 Net Present Value ( NPV ) : Undertaking DWDAE CO. , LTD A A A A Year 1 2 3 4 Net Cash Flow ( Surplus-tax ) -50,000 17,990 21,385 24,780 33,495 Present value of Net Cash Flow ( RM ) -50,000 16,062.50 17,047.99 17,637.91 21,286.68 = -50,000 + 16,062.50 + 17,047.99 + 17,637.91 + 21,286.68 = RM 22, 035 Payback Time period: Undertaking DWDAE CO. , LTD A A A A Year 1 2 3 4 Net Cash Flow ( Surplus-tax ) -50,000 17,990 21,385 24,780 33,495 Payback Period -50,000 -32,010 -10,625 14,155 A In Payback period It must be looked at the normal net hard currency flow 1st twelvemonth: -50,000 + 17,990 = -32,010 2nd twelvemonth: -32,010 + 21,385 = -10,625 3rd twelvemonth: -10, 625 + 24,780 = 14,155 ( Between twelvemonth 2 and twelvemonth 3 ) Payback period = 2 + 10,625 = 2, 6024 twelvemonth 24,780 So its 2,6024 twelvemonth Discounted Payback Period: Undertaking DWDAE CO. , LTD A A A A Year 1 2 3 4 Present value of Net Cash Flow ( RM ) -50,000 16,062.50 17,047.99 17,637.91 21,286.68 Discounted Payback Period -50,000 -33,938 -16,890 748 A In Discounted Payback period It must be looked at the Present Value of Net hard currency flow 1st twelvemonth: -50,000 + 16,062.50 = -33,938 2nd twelvemonth: -33,938 + 17,047.99 = -16,8890 3rd twelvemonth: -16,890 + 17,637.91 = 748 ( Between twelvemonth 2 and twelvemonth 3 ) Discounted Payback period = 2 + 16,890 = 2, 9576 twelvemonth 17,637.91 So its 2,9576 twelvemonth Internal Rate of Return ( IRR ) -501.1449 30 % ten 12 % 22,035 30 % Ten = -501.1449 0 X 12 % 0 22,035 30 % ten = ( ten 12 % ) A- 0.02274 0.3 ten = 0.02274 x 0.002729 0.3 + 0.002729 = 0.02274 ten + ten 0.302729 = 1.02274 ten X = 0.2959 X = 29.59 % Profitability Index Undertaking DWDAE CO. , LTD A A A A Year 1 2 3 4 Present value of Net Cash Flow ( RM ) -50,000 16,062.50 17,047.99 17,637.91 21,286.68 Profitability index: 16,062.50 + 17,047.99 + 17,637.91 + 21,286.68 = 1.4407 50,000 Depreciation ( Straight line method ) for WCHCME CO. , LTD. Year 0: 55,000 Year 1: ( 11,000 ) Depreciation Year 2: ( 11,000 ) Depreciation Year 3: ( 11,000 ) Depreciation Year 4: ( 11,000 ) Depreciation Balance: 11,000 ( Book Value ) RM 11,000 ( Book Value ) a†° RM 10,000 ( Price of machinery sold in twelvemonth 4 or Market Value ) Tax charged/ Tax exempt from gross revenues machine = ( 10,000 11,000 ) A- 30 % = -1,000 A- 30 % = 300 ( Cash influx ) Note = if the company may sell the machine above the monetary value value, so the net income from the sale will be capable to revenue enhancement ( Cash escape ) , but if the machine is sold below the monetary value book value, the company will acquire revenue enhancement freedom ( hard currency influx ) Undertaking WCHCME CO. , LTD A A A A Year 1 2 3 4 Depreciation of Machine/year 11000 A A A A Value of machine-year 4 ( book value ) 55,000 44,000 33,000 22,000 11,000 Monetary value machinery sold in twelvemonth 4 10,000 Cash Flow WCHCME Co. , Ltd. Undertaking WCHCME Co. , Ltd A A A A Year 1 2 3 4 A A Cash Flow-Out ( RM ) A A A A A The Purchase monetary value ( Initial Outlay ) 55,000 A A A A Labor Cost per twelvemonth A 14,000 14,000 14,000 14,000 Cost of installing machinery 12,000 A A A A Care Cost A 8,800 9,650 10,500 11,350 Interest paid A 3850 3300 2750 2750 Entire Cash Flow-Out 67,000 26,650 26,950 27,250 28,100 A A Cash Flow In ( RM ) A A A A A Receipt of Cash A 60,000 67,500 75,000 82,500 Residual value of engine ( twelvemonth 4 ) A A A A 10,000 Entire Cash Flow -In 60000 67500 75000 92500 Surplus/Deficit ( RM ) -67,000 33,350 40,550 47,750 64,400 income Tax ( 30 % ) A -10005 -12165 -14325 -19320 Taxs of the gross revenues of machine A A A A 300 Cash Flow cyberspace ( Surplus-tax ) -67,000 23,345 28,385 33,425 45,380 Interest Paid So, involvement rate of 7 % the first twelvemonth, 6 % the 2nd twelvemonth and 5 % for the 3rd and 4th old ages. Interest Paid = Interest rate per twelvemonth X purchase monetary value ( Initial Outlay ) 1st twelvemonth: 7 % x 55,000 = 3,850 2nd twelvemonth: 6 % x 55,000 = 3,300 3rd twelvemonth: 5 % x 55,000 = 2,750 4th twelvemonth: 5 % x 55,000 = 2,750 Income Tax Income revenue enhancement = per centum of income revenue enhancement A- ( Surplus Per twelvemonth ) 1st twelvemonth: 30 % x 33,350 = RM 10,005 2nd twelvemonth: 30 % x 40,550 = RM 12,165 3rd twelvemonth: 30 % x 47,750 = RM 14,325 4th twelvemonth: 30 % x 64,400 = RM 19,320 Present Value of Net hard currency flow After we get the Net hard currency flow, next we will seek for present value of each hard currency flow each twelvemonth to the present. 45,380 33,425 28,385 23,345 67,000 1st twelvemonth PV = Initial Outlay = 23,345 = 20,478.07 2nd twelvemonth PV = Initial Outlay = 28,385 = 21,841.34 3rd twelvemonth PV = Initial Outlay = 33,425 = 22,560.92 4th twelvemonth PV = Initial Outlay = 45,380 = 26,868.60 Net Present Value ( NPV ) : Undertaking DWDAE CO. , LTD A A A A Year 1 2 3 4 Net Cash Flow ( Surplus-tax ) -67,000 23,345 28,385 33,425 45,380 Present value of Cash Flow ( RM ) -67,000 20,478.07 21,841.34 22,560.92 26,868.6 = -67,000 + 20,478.07 + 21,841.34 + 22,560.92 + 26,868.60 = RM 24,749 Payback Time period: Undertaking DWDAE CO. , LTD A A A A Year 1 2 3 4 Cash Flow cyberspace ( Surplus-tax ) -67,000 23,345 28,385 33,425 45,380 Payback Period -67,000 -43,655 -15,270 18,155 A In Payback period It must be looked at the normal net hard currency flow 1st twelvemonth: -67,000 + 23,345 = -43,655 2nd twelvemonth: -43,655 + 28,385 = -15,270 3rd twelvemonth: -15, 270 + 33,425 = 18,155 ( Between twelvemonth 2 and twelvemonth 3 ) Payback period = 2 + -15270 = 2, 6768 twelvemonth 33,425 So its 2,6768 twelvemonth Discounted Payback Period: Undertaking DWDAE CO. , LTD A A A A Year 1 2 3 4 Present value of Cash Flow ( RM ) -67,000 20,478.07 21,841.34 22,560.92 26,868.6 Discounted Payback Period -67,000 -46,522 -24,681 -2,120 24,749 In Discounted Payback period It must be looked at the Present Value of Net hard currency flow 1st twelvemonth: -67,000 + 20,478.07 = -46,522 2nd twelvemonth: -46,522 + 21,841 = 24,681 3rd twelvemonth: -24,681 + 22,560.92 = -2,120 4th twelvemonth: -2,210 + 26,868.6 = 24,749 ( Between twelvemonth 3 and twelvemonth 4 ) Discounted Payback period = 3 + -2,120 = 3.0789 twelvemonth 26,868.60 So its 3.0789 twelvemonth Internal Rate of Return ( IRR ) -1,144 ( 30 % as rate in calculate PV ) 30 % ten 14 % 24,749 30 % Ten = -1,144 0 X 14 % 0 24,749 30 % ten = ( ten 14 % ) A- 0,00004622 0.3 ten = 0,00004622 x 0.000006471 0.3 + 0.000006471 = 0.00004622 ten + ten 0.300006471 = 1.00004622 ten X = 0.29986 IRR = 29.98 % Profitability Index Undertaking DWDAE CO. , LTD A A A A Year 1 2 3 4 Present value of Cash Flow ( RM ) -67,000 20478.07 21841.34 22560.92 26868.6 Profitability Index = PV of hard currency flows subsequent to intial investing Initial Investing Profitability index: 20,478.07 + 21,841.34 + 22,560.92 + 26,868.60 = 1.3694 67000 2. Project DWDAE Co. , Ltd WCHCME Co. , Ltd IRR 29.59 % 29.98 % Net nowadays value ( NPV ) 22,035 24,749 Payback period 2.6024 twelvemonth 2.6768 twelvemonth Discounted payback period 2.9576 twelvemonth 3.0789 twelvemonth Profitability index 1.4407 1.3694 Project WCHCME CO. , LTD. has more NPV comparison to project DWDAE Co. , Ltd. , even though it has a bit longer payback period. Since NPV method is preferred comparison to Payback period, we can reason that undertaking WCHCME Co. , Ltd is better than DWDAE Co. , Ltd. Of the rivals to NPV, IRR must be ranked above both payback and profitableness index. In fact, IRR ever reaches the same determination as NPV in the normal instance where the initial escapes of an independent investing undertaking are merely followed by a series of influxs. Based on the computation that we already done. We can reason that: WCHCME CO. , LTD. have more somewhat higher IRR and NPV than DWDAE CO. , LTD.. However, the payback period and discounted payback period in WCHCME CO. , LTD. have a greater clip line to payback their initial spending. Interestingly, profitableness index of DWDAE CO. , LTD. have greater value than WCHCME CO. , LTD.. Since this is a reciprocally sole undertakings, the profitableness index suffers from the graduated table job, which sometime besides suffered by IRR ( but in this instance IRR is non suffered ) . Although WCHCME CO. , LTD. holding greater cost than DWDAE CO. , LTD. , it besides provides a greater gross and increased in sum of gross. By all this affair, we conclude to take WCHCME CO. , LTD.. For the most match undertaking choosen.

Thursday, December 5, 2019

Legal Aspects of International Trade and Enterprise Allegheny Technol

Question: Discuss about theLegal Aspects of International Trade and Enterprisefor Allegheny Technologies. Answer: Treibacher Industries, A.G. v. Allegheny Technologies, Inc Issue Relate to the case An Austrian seller entered into a series of contract with a buyer who is located in Alabama, (US) to purchase a chemical compound as a consignment. The contract has mentioned the specified amount of quantity to be delivered. As per the contract the buyer purchased the entire amount which was delivered by the supplier. However the buyer denied returning the unused compound to the supplier. The buyer denied on the two terms of the contract which states that it will not take any additional delivery of compound will not pay for the unused compound. Meanwhile the buyer found a seller who was selling the compound at a very low price. Later the seller filed suit against the party to recover the loss which was caused during the contract (CISG, 2016). In the above mentioned issues there was a dispute in between the parties regarding the term consignment. The buyer argued that no sale has occurred until the goods are consumed by them. Whereas the buyer argued that the buyer has an obligation to pay for the delivered item (Ferrari, 2008). Applicable International Law United Nations Convention on Contracts for the International Sale of Goods (Vienna, 1980) (CISG) The purpose of the law is to provide a fair platform while making an international contract. CISG safeguards both the parties while making commercial exchange of goods. The formation of contract of sale is the backbone for development. Hence it is necessary to adopt a universal law to safeguard the interest of the multi-parties to the contract (Treibacher Industries, A.G. v. Allegheny Technologies, 2006). The adoption of the CISG helps in providing a modern, uniform legislation on international platform when the goods are sold across the border. The law provides a balance in between the interest of both the parties to the contract. It mitigate the scope of the private applicable law and provides a common medium to avoid the problems which are caused while formation of the contract. It governs the international sales of goods between the private parties excluding the sale of services and consumers. It applies to those parties who are living in two different countries. This act provides a common procedure regarding the breach of contract (Burnett and Bath, 2009). The aggrieved party needs the support in claiming the damages due to breach of contract between the parties. It is essential that the written contract should be formed in between the parties while making international contracts (Honnold, and Flechtner, 2009). The act applies only to the international transactions and avoids the applicability of the private international law. The contracts which do not fall under the scope of the CISG are regulated by the domestic law (Folsom ET al.2013). As a Plaintiff Treibacher has 6 complaints against TDY which are: Firstly there was a breach of contract as per the United Nations Convention On Contracts For The International Sale Of Goods, Secondly there was an anticipatory breach of contract in between the parties under the same law, Thirdly there was a breach of contract by the party under the Alabama law where the plaintiff was operating its business, there was a claim against the party under the Alabama law regarding , money owned and unjust enrichment, the plaintiff has a conversion claim as mentioned in the Alabama law. Lastly there was a misrepresentation by Treibacher regarding acceptance and payment for the goods (Leisinger, 2007). In the given case law the buyer misinterpreted the definition of the term consignment where the delivery term was mentioned in both the contract (DiMatteo, 2014). The plaintiff appealed on the ground of finding clear error in factual information which are false as per the article9 (2) which states that parties are bound by the term customary usage of the goods. It depends on the term which was defined by the contract as per the relation confined by the law. The defendant cannot deny on the fact that he has not consumed the goods which doesnt create any obligation on the party to pay the amount mentioned in the contract. It is obligatory on his part to mitigate the damages caused in the contract (Ferrari, 2011). Secondly, Article 9(2) has mentioned that the parties are considered to form a contract until and unless it is made applicable in the contract which is directly related with the International trade. The article is concerned with the terms and conditions to be considered while forming the contract. The plaintiff can argue in the court on the ground of the redemption given in the article which is regarding his support. In case of international trade the UNICTRAL law is applicable between the parties to bind the contractual relationship in case of any dispute which may occur in future date (August, Mayer and Bixby,2013). CISG governs the conduct of the party is essential while defining the relationship of the party with others. A statue should be interpreted in the manner it gives the relevant effect to the definition. The defendant tried to misinterpret the statue to give a false meaning to the article. Whereas article 8 of the CISG governs the conduct of the party is essential while defining the relationship in between the parties. The intention of the buyer was to breach the contract without informing the seller which was again an ultra vires act. Article8 (3) deals with the customary behavior in between the parties is essential to define the terms and conditions between the parties. Moreover the article protects the interest of the plaintiff while claiming the loss caused due to breach of contract. The plaintiff can argue on the ground that the from the period of 1993 and 2000 a series of contract were signed in between the parties TDY has kept the material which was received by the Treibacher as separate consignment book. Every time when the material is withdrawn from t he books it was mentioned in the consignment books and the invoice was sent to seller. At the last of the month TDY pays for the complete amount of goods which are withdrawn from the lot. This defines the customary usage an action between the parties for the period of 7 years. I the course of business in between the parties the conduct has defined the relationship in between the parties which specifies the dealing in between the parties has necessarily created the customary relationship which cannot be breached on the terms misinterpreting the term consignment. The parties course of dealing define the In the case law of Cf. Gonzalez v. McNary it was stated by the court that the meaning of statue should be constructed to give effect to the provision of the law so that it does not become inoperative and insignificant. In the given case law the defendant tried to defeat the statue which is necessarily too serve his mean purpose. It gives power to the Article (3) and 9(1) to highlight the customary dealing while dealing in regular course (Andersen and Zeller, 2010). In the case law of Newell v. Prudential Ins. Co the CISG has defined the contractual relationship in between the parties by defining the course of dealing in between them. There was no clear error in the formation of the contract in between the parties. The plaintiff has sufficient sources to appeal in the court of law. The court has defined the de novo relationship in between the parties while dealing with the various terms and conditions (Oceana, 2008). In the given case law of Bunge Corp. v. Freeport Marine Repair, Inc. it was stated by the court in the support of the plaintiff that the defendant has a duty to mitigate the damages which are caused during t he occurrence of the loss. This case has played a significant role in claiming the losses which the plaintiff has faced due to the breach of contract. Here the intention of the defendant caused a breach of contract which brings him under the obligation to pay the loss caused to the plaintiff. It was clear that he purposefully waived the clauses which were mentioned in the contract, to buy the goods from the other buyer at a low cost. The plaintiff have ample of evidences to proof in the court that the defendant has intentionally waived the context of the clause which was carried in between them since seven years. In the case if the contract term s are not mentioned clearly in the contract than the customary usage is treated as the contractual term. Both the companies were dealing with each other which make it clear that the purpose of the contract is related with the customs which are formed during the enforcement of contract. The meaning of consignment is under the preview that the actual sale has occurred in between the parties (Gillette and Walt, 2015). It is obligatory at the part of the defendant to pay the delivery charges to the plaintiff. The general principal of UNICIRAL is to mitigate the damages which are caused while making a contract in between the two parties. Summary of the Case Law The case law arise due to the contract which was executed in November and December of the year 2000, where Treibacher Industries, AG ("Treibacher"), an Austrian vendor of hard metal powders, settled to trade particular amount of tantalum carbide ("TaC"), a hard metal powder, to TDY Industries, Inc. ("TDY") for delivery to "consignment." After receiving a particular amount of the powder the defendant refused to take the delivery of the balanced goods. In a letter to the company it stated that it has no further obligation to buy or to pay (Meiners et al.2011). The defendant has purchased an amount of TAC from another vendor at a very low price. Hereby the plaintiff filed a case against the defendant to seek the damages which were caused due to breach of contract. Here the district court gave the decision rule under the United Nations convention on contracts for the international sale of good. Here the court has emphasized on the customary usage in between the parties as the parties were dealing with each other from a very long time. Further the court passed a judgment against TDY, which provides a compensatory benefit to Treibacher for $ 5,327,042.85 including the interest (Goode, ET al.2007) After the appeal made by TDY, the final court passed a judgment reviewing the decision of the district court. The court has stated that the district court has properly evaluated the contract under the CISG as per the dealings in between the parties. The meaning of the consignment was clearly mentioned in the contract which establishes the relationship in between both the parties to the contract. Here the c court affirmed the decision passed by the district court on the ground of CISG (Glinas, 2016). Conclusion It is clearly mentioned in the CISG regarding the contractual relationship in between the parties while entering into a contract across the border. In this case it was established by the court that if the terms of the contract are not clear than the customary usage in between the parties will be used in future dealings. The district court didnt commit any mistake while charging damages on the defendant. It is mentioned in the act that it is the responsibility of the defendant to mitigate the losses which are caused during the contract. In this particular case it was clear that the intention of TDY was to waive the payment for the goods they have consumed. It creates an obligation over the party to follow the guidelines which are mentioned in the act. The meaning of consignment should not be misinterpreted for the benefit of oneself. Under the international contract it is obligatory to follow the customary relationship in between the parties. Here the parties were dealing with each ot her for a period of 7 year in that case it is necessary to read the case law as per the law which is mentioned. References Andersen, C. and Zeller, B. (2010).Practitioner's Guide to the CISG. Juris Publishing, Inc. August, R., Mayer, D. and Bixby, M. (2013). International Business Law. Pearson EducationBurnett,R. and Bath,V.(2009). Law of International Business in Australasia. Federation Press DiMatteo,L.(2014). International Sales Law: A Global Challenge. Cambridge University Press Ferrari, F. (2008). The CISG and its Impact on National Legal Systems. Walter de Gruyter Ferrari, F. (2011). Contracts for the International Sale of Goods: Applicability and Applications of the 1980 United Nations Convention.Martinus Nijhoff Publishers Folsom, R. et al. (2013). Principles of International Business Transactions, 3rd (Concise Hornbook Series). West Academic Glinas, F.2016. Trade Usages and Implied Terms in the Age of Arbitration. Oxford University Press Gillette, C. and Walt, S. (2015). Sales Law, Domestic and International Concepts and Insights. West Academic Goode, R. et al. (2007). Transnational Commercial Law: Text, Cases and Materials. OUP Oxford Honnold,J. and Flechtner,H.(2009). Uniform Law for International Sales Under the 1980 United Nations Convention.Kluwer Law International Leisinger, B. (2007). Fundamental Breach Considering Non-conformity of the Goods. sellier. European law publ. Meiners, R. et al.(2011). The Legal Environment of Business. Cengage Learning Oceana, (2008). American International Law Cases: Fourth series Volume 7 of American International Law Cases: Fourth Series, 2006-. Oceana Treibacher Industries, A.G. v. Allegheny Technologies, (2006). (Online). Available at: https://www.unilex.info/case.cfm?pid=1do=caseid=1136step=FullText (Accessed on: 07/10/16) United Nations Convention on Contracts for the International Sale of Goods (Vienna, 1980) (CISG),(2016).(Online). Available at: https://www.uncitral.org/uncitral/en/uncitral_texts/sale_goods/1980CISG.html (Accessed on: 07/10/16)

Sunday, November 24, 2019

Water Scorpions, Family Nepidae

Water Scorpions, Family Nepidae Water scorpions arent scorpions at all, of course, but their front legs do bear a passing resemblance to scorpion pedipalps. The family name, Nepidae, derives from the Latin nepa, meaning scorpion or crab. You dont need to worry about being stung by a water scorpion – it has no stinger. Description Water scorpions vary in shape within the family. Some, like those in the genus Ranatra, are long and slender. These are often described as looking like aquatic walkingsticks. Others, such as those in the genus Nepa, have large, oval bodies, and look like smaller versions of giant water bugs. Water scorpions breathe by means of a caudal respiratory tube formed from two long cerci that extend to the waters surface. So regardless of the body shape, you can recognize a water scorpion by this long tail. Inclusive of these respiratory filaments, water scorpions range in size from 1-4 inches long. Water scorpions capture prey with their raptorial front legs. As in all true bugs, they have piercing, sucking mouthparts, hidden by a rostrum that folds under the head (much like you see in assassin bugs or plant bugs). The water scorpions head is narrow, with large side-facing eyes. Although they do have antennae, its difficult to see them, as theyre quite small and located beneath the eyes. Adult water scorpions do have developed wings, which overlap when at rest, but dont often fly. Nymphs look much like adult water scorpions, though smaller, of course. The respiratory tube of the nymph is considerably shorter than in the adult, particularly in early stages of molting. Each water scorpion egg bears two horns, which are actually spiracles that extend to the waters surface and provides oxygen to the developing embryo. Classification Kingdom – AnimaliaPhylum – ArthropodaClass – InsectaOrder – HemipteraFamily - Nepidae Diet Water scorpions ambush their prey, which includes other aquatic insects, small crustaceans, tadpoles, and even small fish. The water scorpion grasps vegetation with its second and third pairs of legs, just below the waters surface. It sits and waits for a potential meal to swim by, at which point it straightens out its hind legs, pushes itself forward, and grasps the animal tightly with its front legs. The water scorpion pierces its prey with its beak or rostrum, injecting it with digestive enzymes, and then sucks up the meal. Life Cycle Water scorpions, like other true bugs, undergo simple or incomplete metamorphosis with just three life stages: egg, nymph, and adult. Typically, the mated female attaches her eggs to aquatic vegetation in the spring. The nymphs emerge in early summer and undergo five molts before reaching adulthood. Special Adaptations and Behaviors The water scorpion breathes surface air but does so in an unusual way. Tiny water-repellent hairs under the forewing trap a bubble of air against the abdomen. The caudal filaments also bear these tiny hairs, which repel water and hold air between the paired cerci. This allows oxygen to flow from the waters surface to the air bubble, as long as the breathing tube is not submerged. Because the water scorpion breathes air from the surface, it prefers to stay in shallow waters. Water scorpions regulate their depth using three pairs of special sensors on their bellies. Sometimes referred to as false spiracles, these oval sensors are attached to air sacs, which are in turn connected to nerves. Any SCUBA diver can tell you that an air sac will be compressed as you dive deeper, thanks to the forces of water pressure which are amplified at depth. As the water scorpion dives, the air sacs become distorted under pressure, and nerve signals send this information to the insects brain. The water scorpion can then correct its course if it inadvertently dives too deep. Range and Distribution Water scorpions can be found in slow moving streams or ponds throughout the world, particularly in warmer regions. Globally, scientists have described 270 species of water scorpions. Just a dozen species inhabit the U.S. and Canada, most of which belong to the genus Ranatra. Sources Borror and DeLongs Introduction to the Study of Insects, 7th edition, by Charles A. Triplehorn and Norman F. Johnson.Lecture notes, Entomology for Teachers course, Dr. Art Evans, Virginia Commonwealth University.Water Scorpions, Northern State University. Accessed February 19, 2013.Water Bugs and Water Scorpions, Fact Sheet, Queensland Museum. Accessed online February 19, 2013.Family Nepidae - Water scorpions, BugGuide.Net. Accessed February 19, 2013.Guide to Aquatic Insects and Crustaceans, Izaak Walton League of America.

Thursday, November 21, 2019

Strategic Planning Essay Example | Topics and Well Written Essays - 1500 words

Strategic Planning - Essay Example The company or venture is then responsible for devising strategies in order to implement these goals and fulfill these processes. Strategies include marketing, finances, management, administration, and other areas of business. Pre-planning and market research is essential in the planning process as slight imperfections or the onslaught of unforeseen events may cause a business plan to fail. Businesses devising strategies must consider the strategies of competitors and must mould their strategies in comparison to the competition. They must also plan for emergencies or unforeseen events that may affect their business strategy. Each business or venture is different and has various purposes for existence. Some organizations are nonprofit organizations which focus on community and social welfare instead of economical prosperity. Some ventures are service oriented will others are focused upon selling or manufacturing a product (Bryson, 1988, pp.73-74). A particular type of business that is prevalent in society today is the event management business, which focuses upon providing a service to people who want to organize an event which can range from a birthday party, to an exhibition, or a wedding. Some event management companies focus upon certain areas of specialty such as weddings or concerts while others may focus on business oriented events such as exhibitions or opening days. However, event management companies must engage in very precise and well structured strategic management processes in order to make their business successful, as the main focus of their business is based upon planning itself (Averrett and Swamidass, 1989, pp. 656-657). An event management company based in the United Kingdom is Penguins Event Production and Logistics. The company is located on the London outskirts in Windsor, Berkshire and is focused upon providing its customers with solutions to all their event management needs. The company seeks to not only provide customers with management services to handle their events but also provides a wide variety of extensive services such as audio visual services, logistics, and communication solutions for their customers. It has strategically positioned itself as a multi-tiered company in the service sector who can cater to multiple event management needs instead of only catering to one target market. The company aims to cater to the corporate management sector and provide solutions to all management needs and/or services. While it has strategically positioned itself as an event management company catering to the corporate sector, it targets several niche groups of customers pertaining to their individual needs whether they are audio visual aids, communication solutions, or management for events. The company focuses on the core services mentioned above but also claims to cater to other solutions upon request. As the company has been in the field for a long time, they claim to be able to cater to every need that a customer ma y have and offers the professional help of project managers to coordinate the tasks and activities related to corporate events. The company seeks to enable a customer to manage his time, skills, and resources, effectively in order to make his/her events

Wednesday, November 20, 2019

Third Journal Essay Example | Topics and Well Written Essays - 500 words

Third Journal - Essay Example beginning to end; rather it involves several core procedures that must be monitored and engaged with in order for an effective result to be effected. For instance, we learned that initiation, planning, monitoring and controlling and closing were all core processes that were involved in effective project management. Interestingly, we also learned that effective project management could not defined by the nuts and bolts of leadership or management; instead, the PowerPoint slides revealed the need to step away from the daily grind of ceaseless meeting notes, appointments, and email; as a function of stepping back and seeing the big picture of what is being worked on and how the best result could be achieved. Likewise, a similar learning contributor that took place during this section of the course is with regard to the benefit of learning project management in the hands on application of project management that was presented within the assignment. Ultimately, the students were able to e ffectively engage project management in terms of the way in which workflow should be defined and which tasks should be given priority first. Another essential elements of the understanding that was created was with respect to the fact that not only with the project manager need the input and agreement of stakeholders beneath him/her, he/she would also need the engagement, resources, and understanding of executive above him/her. With this in mind, the project manager is not being in determinant of any project. Instead, he/she is ultimately responsible for reporting the project and gaining further traction on it based upon the input of higher executives. Finally, the information that was presented within this particular unit was contingent upon â€Å"bringing it all together†. Within such an understanding, useful resources with respect to project management were delivered and the student was able to have a broad overview of the way in which different determinants that have been

Monday, November 18, 2019

Matrix for diverse learners Essay Example | Topics and Well Written Essays - 1000 words

Matrix for diverse learners - Essay Example 1. Childrens USA Wall Map (Available at http://www.maps.com/): This well designed map combines geography with state by state information in both pictures and words. What is best about its design is that some pictures may be familiar to the student and some may not. This prompts the children to ask questions of each other and the teacher or parent about them. All of the items are numbered so that you can look up the unfamiliar objects and then go to other resources to find out even more information. For instance if you look towards Memphis you see some strange man with big hair and a red suit singing into a microphone, when you look him up you are introduced to Elvis Presley. All the pictures are cartoon-like and humorous to attract more interest and attention, also adding to the creative nature of the map. The map is best for Early Childhood, as it is informative and entertaining, hearing impaired since it is completely visual, and gifted as it is full of knowledge presented in a very creative fashion. The pictorial representations are also appropriate for the multicultural student. The only flaw that keeps it from being useful in all categories is that it is rather crowded with information and may seem daunting to the learning disabled and certainly to the limited sight children who would surely have difficulty discerning the smaller features. It also may by too busy and distracting for those with Behavior Challenges like Attention Deficit Disorder and the like. There may be too many follow up questions asked to make it a worthwhile map for those children. In fact this company also produces a World Map that is even more crowded and condensed and would be even more inappropriate for these three categories. 2. Eyewitness Dinosaur (Produced by Dorling Kindersley / DK 1997): This Video has cross applicability to all of the seven categories. It describes in simple language, narrated by Martin

Friday, November 15, 2019

Netflix Marketing Plan and SWOT Analysis

Netflix Marketing Plan and SWOT Analysis Brand or Company Description   Netflix is subscription service on the internet that offers a variety of TV shows and movies. Netflix is a forerunner in the internet delivery of TV shows and movies, launching its streaming service in 2007. Since this time, the company has developed a wide variety of internet-connected devices and has licensed increasing amounts of content that enable consumers to enjoy their favorite TV shows and movies no matter where they are at because they can access this content on their TVs, computers or mobile devices. As a result of these efforts, Netflix has experienced growing consumer acceptance of and interest in the delivery of TV shows and movies directly over the Internet (Netflix, 2018). Core Products or Services   Subscribers can watch unlimited TV shows and movies instantly. Content can be streamed over the Internet to their TVs, computers and mobile devices and, in the United States, subscribers can also receive standard definition DVDs, as well as Blu-ray discs, delivered  directly to their homes. Netflix markets its service through various channels, including online advertising, broad-based media, such as television and radio, as well as various strategic partnerships. In addition to various marketing strategies, the company offers free-trial memberships to new and rejoining members. According to Netflix, rejoining members are an important source of subscriber additions (Netflix, 2018). A Brief History   Netflix is an American entertainment company founded by Reed Hastings and Marc Randolph  on August 29, 1997, in Scotts Valley, California. The company expanded into film in 2016 as well as television production and online distribution. The company is headquartered in Los Gatos, California. As of January 2016, Netflix is operating in over 190 countries and has greatly expanded the production of both film and television series. Netflix released an estimated 126 original series or films in 2016, more than any other network or cable channel. As of January 2018, Netflix had 117.58 million paying subscribers worldwide, including 54.75 million in the United States (Netflix, 2018). Key current competitors   The market for entertainment video is competitive and changes rapidly. Competitors  have the ability to launch new businesses at relatively low costs. Many consumers maintain subscriptions to multiple entertainment video providers at once and can easily shift from one provider to another. Netflix competitors include multichannel video programming distributors with free TV everywhere and video-on-demand content including cable providers, such as Time Warner and Comcast. Direct broadcast satellite providers, such as DIRECTV and EchoStar, as well as telecommunication providers such as AT&T and Verizon, are also key competitors for Netflix. Internet movie and TV content providers, such as Apple’s iTunes, Amazon.com, Hulu.com and Google’s YouTube are also sources of competition.  DVD rental outlets such as Blockbuster and Red-box also are also included in the list of key competitors that Netflix faces (Netflix, 2018).  Ã‚   SWOT Analysis   SWOT Analysis: Strengths   1.  Brand Name   After ten years, Netflix has become the sole brand name for online streaming content with a share price increase of over 6000% since 2007 (Bradshaw  & Bond, 2017). Often consumers are much more likely to go with a brand name they know and trust than an off-brand that may or may not be a better value for their money. This is one way Netflix can capitalize and grow their business. Being the known familiar service provider puts them at a greater advantage of not only keeping their customers but attaining new ones. 2.  Large customer base Through serving 190 countries, Netflix has access to over 100 million subscribers. This strength gives the company bargaining power when in talks with studios to secure exclusive content (Bradshaw  & Bond, 2017).  The popularity and convenience of Netflix is one of its greatest strengths. This makes them able to accommodate and appeal to a very large customer base and has the ability to further expand and develop in more areas, including partnerships and expansions in various areas and with various companies in a variety of countries. Growth will likely continue as the company goes forward and continues to expand. Customers are opting for the convenience of consuming entertainment online and Netflix continues to expand internationally. 3.Original content Through careful acquisitions, Netflix have secured numerous original shows that have appealed to audiences. In 2017, two Netflix shows are so popular they have pushed subscribers from 83m to over 100m in one quarter (Bradshaw & Bond, 2017). The House of Cards was a game changer for Netflix. All episodes of the first season of the show were released at the same time, and the response of the critics was overwhelmingly positive. The House of Cards not only attracted many new users but also proved that the key to their customers’ loyalty is a unique and abundant content library. The company continues to working on adding new shows such as 30 kids’ shows, ten new feature films, 12 documentaries, and ten stand-up comedy specials (Netflix, 2018). SWOT Analysis: Weaknesses   1.  Cost of original content While its original content creates a competitive advantage for the company, the cost continues to grow  in order to  support this content. In 2017, it is expected for Netflix to invest $2.5 billion  solely on securing original content rights.  To keep prices competitively low, Netflix  will need  to find a balance between maintaining good relationships with the distributors and aggressively negotiating content licensing costs with them. This type of dependence can result in a vulnerability that could prove to be very costly (Bradshaw, 2017). 2.  Lack of rights to original content   Unlike many traditional television studios, Netflix does not own most of their original programming. Due to this, rights usually expire after a year and the original content can be shown on rival services (Bradshaw, 2017). This is an area that serves as a potential weakness especially related to retaining customers and keeping costs low. 3.  Environmental cost   Netflix has been ranked poorly in terms of environmental awareness. This has given them bad publicity for the company as rival competitors such as Amazon and Facebook use over 40% renewable energy with their services (Lewis, 2016). SWOT Analysis: Threats   1.  Increased competition Facebook is the latest to try and take on traditional media by launching its own original content. Amazon, Hulu, HBO, and YouTube are all competing for audiences to subscribe to their platforms. For Netflix, this will continue to develop as more companies seek to buy the latest original content exclusively for their platform (Bradshaw, 2017). 2.  Digital Piracy For more than 30 content providers, including Netflix, piracy has led to 5.4 billion  downloads of media content in 2016 alone. This threatens Netflixs business model and ability to fund content in the future (Opam, 2017). The ability for viewers to get the same content basically for free is a huge potential threat for Netflixs bottom line and ability to continue to dominate the market. SWOT Analysis: Opportunities   1.  Expansion into China Difficulties with licensing has left Netflix unable to enter China through traditional means. The company must find a joint-venture to capitalize on the 500 million  Chinese users who currently stream media content (Russell, 2017). 2.  Partnerships in Europe   To meet new European laws, Netflix can partner with the BBC and Canal Plus to gain access to a wealth of native-language European content and grow customers in local markets (Murgia & Bond, 2017). 3.  Growth of technology With the growth of streaming content, Netflix must continue to come up with new ways to allow customers to access their content and provide further competitive advantages. A growing market for content is foreign-language programming. Partnerships with local-language content will help Netflix to be able to be a rival for local streaming services and help them to be a leader among this (Mintel, 2016). Marketing Plan Focus   Based on my SWOT analysis, I believe there is an opportunity to expand internationally by partnering with telecommunications companies such as Samsung to make the application readily available for customers on their devices in overseas markets. For this marketing plan, I’ve come up with an idea to incorporate the Netflix application into Android devices. This would target a particular demographic, and could help to begin to solve the issues Netflix faces internationally. The app would have early childhood development movies and songs that would help little children and as well the already existing list of unending movie for all ages. Segmentation Approach   For this marketing plan, I’ve opted for a straightforward demographic approach to segmenting the market given my desire to target a specific age group. I considered a behavioral approach based on past purchase history as captured via use of the McDonald’s app. However, the app was only introduced in late 2015 and age is not captured in the registration process (unless a social media log ­in is used). Furthermore, I don’t want to limit my audience to just existing customers. Given the broad appeal of the McDonald’s concept and its national footprint, I did not feel geographic targeting or formal psychographic targeting was needed. Target Definition   My target for the Netflix K is families with young children and adolescents ranging from the age of 2 to 12 years old. An interest in learning and technology would allow for further media targeting. Positioning Statement   Netflix K A time for parents to have quality moments with their children while watching them learn, grow and excel academically in the privacy and comfort of home. Marketing Mix Discussion   Marketing Mix: Product This marketing plan is centered around education and the benefit of families coming together and sharing quality moments with the thrill of old favorites and new exciting learning opportunities. The core idea is to use advertisement to create awareness in between episodes and popups advertisement when the application is not in use or in between episodes when in use.   With the already exiting approach of having it available to Android devices it would help market itself by being readily available Marketing Mix: Price   Netflix strategy would be to retain its already existing customer base by offering 10% discounts on yearly subscriptions and 15% discount to customers that have been a Netflix member for more than 3 years. Included in the price new series would be offered at a 50% off rate compared to its competitors such as Hulu.com and Amazon Prime in order to be able to win and secure future customers. This is characterized as skimming as they are trying to take business from their competitors by offering the same service at a reduced rate. Marketing Mix: Promotion   In addition to the promotional pricing deal discussed above, there would be an opportunity to redeem a promotion code to save money on a family night out package based on local available retailers. This would be a way for Netflix to partner with local companies in order to help them gain acceptance internationally. Marketing Mix: Place   I would make use of a dedicated Netflix K microsite where customers could go to learn more about the promotion and app and to have the possibility to win promotion codes and save additional money on family nights out as well as the possibility of earning months free towards their Netflix subscription. This would also encourage additional downloads of the Netflix K app and promotion of a larger and growing customer base. Potential Success Metrics   Customer Satisfaction Knowing if people are actually satisfied with the service or product is very important.   Customer satisfaction can be a helpful metric in guiding a marketing campaign. Getting feedback directly from customer is an easy way to measure satisfaction. One way to do this would be to add a standard Google consumer survey to the app or site for free. With a few simple questions, you can find if  your customers are satisfied with the app or site, what they dont like about the app or site, and whether or not they will continue using the app. User Engagement   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Tracking visits and signups is important, but focusing on how much time a user spends on your website or app is important as well. This has the ability to provide a realistic view and can base future success around this consideration. Progress It is always important to keep moving forward and having a forward momentum. If a company is making strong progress on a day to day basis, then it will likely be creating new opportunities and growing the business overall. This will allow the company to accomplish its overall goal and keep them on track. International Considerations   Netflix faces the challenge of being able to make their international segment profitable. Netflix will need to invest in local content and better streaming quality over low bandwidth connections in order to attract subscribers. Netflix will have to expand this base quickly in order to be able to recover the associated costs. Netflix will also have to consider the competition of other providers such as Amazon and YouTube who are also looking to capture this segment of the market. Another challenge Netflix faces related to international markets such as India, is lower internet penetration and existing connections with low bandwidth. These factors limit its target consumers in these countries to the small section of the population that have access to high speed internet. Viewing preferences is another consideration that will have to be addressed as these differ from country to country and even between different regions of the same country. In order to attract subscribers, Netflix needs to have a broad content library catering to the preferences of the diverse audience (Bradshaw & Bond, 2017). Conclusion   The Netflix K marketing plan should be approved for funding because it has the opportunity to generate a great deal of business and success in entering many foreign markets not previously entered in. Associating Netflix with current technology such as Samsung and then appealing to a customer base of families with children has the possibility of building a strong business base in this target population and areas abroad. This will also help build affinity and rapport with local businesses in foreign destinations helping Netflix to become a top international company not just a top American company. References Bradshaw, T. (2017) Netflix boosted as viewers outside the US tune in.  Financial Times.  Retrieved from   https://www.ft.com/content/e8c742f2-6b34-11e7-b9c7-15af748b60d0. Bradshaw, T., and Bond, S. (2017). Netflix looks to become worlds entertainer as it hits   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   milestone.  Financial Times.  Retrieved from   https://www.ft.com/content/06b55bb8-6d0c-11e7-bfeb-33fe0c5b7eaa. Lewis, D. (2016). Will the internet of things sacrifice or save the environment?  Guardian   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Business.  Retrieved from https://www.theguardian.com/sustainable-business/2016/dec/12/will-the-internet-of-  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   things-sacrifice-or-save-the-environment. Mintel, J.  (2016). Music and Video Streaming-UK-April 2016.  Mintel Academic.  Retrieved   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   from  http://academic.mintel.com/display/770307/. Murgia, M., and Bond, D. (2017). Netflix seeks European crown in local content push.  Financial   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Times.  Retrieved from https://www.ft.com/content/c286c25e-04d5-11e7-aa5b-6bb07f5c8e12. Netflix Inc. business description. (2018).  CSIMarket.com.  Retrieved   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   from  https://csimarket.com/stocks/NFLX-Business-Description.html. Opam, K. (2017). HBO, Netflix, other Hollywood companies join forces to fight piracy.  The Verge.  Retreived from  https://www.theverge.com/2017/6/13/15791688/hbo-netflix-hollywood-ace-fight-piracy. Russell, J. (2017). Netflix enters China via licensing deal with top video streaming service iQiyi.  Tech Crunch.  Retrieved from  https://techcrunch.com/2017/04/25/netflix-china-iqiyi/.

Wednesday, November 13, 2019

Jamaican Patois Essay -- essays papers

Jamaican Patois Jamaican Patois, otherwise known as Patwa, Afro. Jamaican, just plain Jamaican or, Creole, is a language that has been until quite recently referred to as"ungrammatical English."(Adams, 199 1, p . I 1) Creole languages are actually not unique to Jamaica, they are found on every continent although their speakers often do not realize what they are. The rest of the terms refer strictly to Jamaican Creole. Creoles are languages that usually form as the result of some human upheaval which makes it impossible for people to use their own languages to communicate. What people often refer to as the 'bad' or 'broken-English' of Jamaica are actually local Creoles that usually come about through a situation of partial language learning (Sebba 1, 1996, p.50-1.) The technical definition of the term Creole means-, a language which comes into being through contact between two or more languages. The most important part about this definition is that a new language comes about which was not there before, yet it has some characteristics of the original language(s) and also has some characteristics of its own. The Creole of Jamaica and the Caribbean is referred to as an 'English-lexicon' and this language came about when African slaves were forced into a situation where English, or at least a very reduced form of English, was the only common means of communication. The slave traders and owners spoke English while the slaves spoke a variety of African languages and the slaves had to assimilate by learning English which explains why much of the vocabulary is English in origin. Although there is much English vocabulary, many words were also adopted from African languages when no equivalent English word could be found such as, wo... ... 16. 6."Irie Time."Irie Time Website. On-line. Internet. Available WWW: http//www. owlnet. rice. edu/-don/index 1. html 7. Marley, Bob, Redemption Song, Uprising, 1980. 8. Nicholas, Tracy. Rastafari.- A Way of Life. Chicago: Research Associates School Times Publication, 1996. 9. Pryce, Jean T."Similarities Between the Debates on Ebonics and Jamaican."Journal of Black Psychology, 23 (August 1997): 238-241. 10. Seeba, Mark."How do you spell Patwa."Critical Quarterly 38 (1996): 50-63). 11. Seeba, Mark."London Jamaican: Language systems in interaction."Language 72 (1996): 426-427. 12. Sheridan, Maureen."The Beat Goes On: Dub Poets Explore Patois Of The People."Billboard 10 April 1993: 1, 73, 75. 13. Snider, Alfred, C. (Dr. Tuna,) Feb. 25, 1998. Rhetoric of Reggae Speech 214 Class. 14. Snider, Alfred C. E-mail to Speech 214 class. 28 Jan. 1998.

Sunday, November 10, 2019

Description of the educational system in Egypt

The intent of this chapter is to give the reader a general position of the context in which the survey is conducted. The chapter will travel, from planetary to specific, by giving a general description of the educational system in Egypt runing from its doctrine, structuring and finance to curriculum planning, design and development. Emphasis will be given to English linguistic communication instruction ; its purposes, and manner of development. A farther point about higher instruction: current state of affairs and national reform is highlighted. Finally, EFL teacher developing programme, the function of CDELT in accomplishing national ends are brought into focal point for its importance to the whole intent of the probe.2.1 Country profileThe Arab Republic of Egypt lies in the north eastern portion of Africa and Sinai Peninsula in the western portion of Asia. It is about one million square kilometers in size. The population of Egypt was estimated in 2008 as 75,175,062 harmonizing to t he Central Agency for Public Mobilisation and Statistics in Egypt. ( Said & A ; Mourad, 2008 ) .2.2 The nature and doctrine of instruction in EgyptEgypt ‘s instruction system is the largest in the Mena part and among the largest systems in the universe. As of 1999-2000, the system reported an registration of about 16 million, of which 7 million are in primary instruction, 4 million in preparative instruction, 3 million in secondary instruction, and over 1.8 million in third instruction. The system besides employs the largest figure of civil retainers in Egypt about 3.8 million employees ( The World Bank, 2007 ) . Some negative features of the Egyptian educational system include what Hargreaves ( 1997 ) termed â€Å" a additive consolidative merger † ; instructors with low degrees both in the cognition of the capable affair and in teaching method ; a mismatch between course of studies and curricula drawn at the cardinal national degree and the existent instruction larning state of affairs ; ritualisation, and mechanistic acquisition and learning methods. Other negative characteristics include: examination-driven direction, politicisation, bureaucratism that hinders the accomplishment of indispensable marks behind schooling, limited resources, centralization, and mal-distribution of educational services amongst the province parts ( Jarrar & A ; Massialas, 1992 ) . Many of the defects of the educational system, and so its failure to convey about effectual long-run reform, have been due to its being extremely centralised, in malice of efforts at decentralization. The system is really hierarchal, with the Ministry of Higher Education ( MOE ) at the top of the pyramid. The system is based on senior status instead than virtue. Due to its extremely centralised and bureaucratic nature, the educational system defines and predetermines what is to be taught, how it is to be taught, the functions of instructors and scholars, every bit good as the intended results of the educational procedure. Given this character, the Egyptian educational system is about imperviable to influences and enterprises from instructors, parents and scholars ( Gahin, 2001 ) . Egyptian instruction has been portrayed. harmonizing to ( Hargreaves, 1997 ) as â€Å" undemocratic † , â€Å" teacher-centred ‘ , â€Å" autocratic † ‘ and â€Å" extremely competitory † . Students ‘ greatest concern is to hive away and keep information so that when it is needed, they pour it out in the test which is held to prove their grounds of larning. Their exam tonss are the exclusive standards for pupils ‘ success.2.3 Higher Education System in EgyptEgypt has a really extended higher instruction system. About 30 % of all Egyptians in the relevant age group go to university. However, merely half of them alumnus. The Ministry of Higher Education supervises the third degree of instruction. There are a figure of universities providing to pupils in diverse Fieldss. In the current instruction system, there are 17 public universities, 51 public non-university establishments, 16 private universities and 89 private higher establishments. T he higher instruction cohort is expected to increase by close to 6 per centum ( 60,000 ) pupils per annum through 2009. ( Higher Education in Egypt: Reappraisals of National Policies for Education, 2010 ) In 1990, a statute law was passed to supply greater liberty to the universities. But still the instruction substructure, equipment and human resources are non in topographic point to provide to the lifting higher instruction pupils. But at that place has non been a similar addition in passing on bettering the higher instruction system in footings of debut of new plans and engineerings. Both at national degree ( inspection systems, scrutinies ) and at local degree ( school degree pupil appraisals ) steps of the success of instruction schemes and the public presentation of the system are weak. ( Ginsburb & A ; Megahed, 2009 ) Although higher instruction was founded much earlier in Egypt before it appeared in Europe ( Metcalfe, 2008 ) , The Government of Egypt recognizes that there are still existent challenges to be faced in the sector, foremost amongst which are the demand to significantly better sector administration and efficiency, increase institutional liberty, significantly better the quality and relevancy of higher instruction plans, and maintain coverage at bing degrees. Recent Government actions to construct political consensus on issues critical to reform hold created a clime that is mature for alteration. The Ministry of Higher Education ( MOHE ) acts as a title-holder for reform. The Minister, appointed in 1997, rapidly established a commission for the reform of higher instruction known as the Higher Education Enhancement Programme ( HEEP ) Committee which drew in a broad scope of stakeholders including industrialists and Parliamentarians. A National Conference on higher instruction reform was held in February 2000, and a Declaration for action emanating from the Conference was endorsed by the President and the Prime Minister. The Declaration identified 25 specific reform enterprises. Due to the dynamic nature of the reform scheme, which entails reconsidering precedences for each period, a Strategic Planning Unit ( SPU ) was established for the MOHE to guarantee the sustainability of planning and undertaking monitoring during the three stages and for future 1s. A Students ‘ Activity Project ( SAP ) was besides initiated as portion of plan accreditation similar to scientific research and station alumnus surveies.2.3.1 Egyptian universities:Universities in Egypt are by and large either state-funded or in private funded. Education in Egypt is free by jurisprudence, nevertheless there are really little fees paid for registration. Public establishments, with few exclusions are by and large overcrowded with a pupil organic structure of several 1000s. Private universities are either Egyptian or foreign, and normally have a much smaller pupil organic structure and with a much higher tuition rates.2.3.1.1 Public UniversitiesPublic universities are under authorities d isposal. Public Higher instruction is free in Egypt, and Egyptian pupils merely pay enrollment fees. International pupils pay full tuition with fees that reach up to ? 1,500 a twelvemonth. In 2004, the Egyptian authorities announced its program to make new public universities from dividing multi-branch universities ( Cairo University, Menoufia HYPERLINK â€Å" hypertext transfer protocol: //en.wikipedia.org/wiki/Tanta_University † University ) . This should let the enlargement of these much neglected smaller rural subdivisions and supply infinite for the increasing figure of pupils. There is besides al Azhar University, considered the best university for the survey of faith and scientific discipline.2.3.1.2 Private UniversitiesBefore 1993, merely two private foreign establishments were established decennaries ago. The American University in Cairo, founded in 1919 and the Arab Academy for Science and Technology ( AAST ) . Under a new jurisprudence in 1993, Egyptian private universities were established get downing from 1996. These new universities are accredited from the Egyptian Supreme Council of Universities every 3 old ages, in add-on to accreditation from fo reign educational organic structures in Europe. ( Herrera, 2007 )2.3.2 AdmissionAdmission to public universities and establishments operates through a centralised office, Admission Office of Egyptian Universities. This office receives applications after the consequences from the General Secondary Education Certificate are announced in any of its offices or online. The application day of the months are announced every twelvemonth but normally take topographic point every August. The application is both discipline-based and university-based. Students are asked to make full the admittances application that naming their picks of their coveted subject and university in a descending order of precedence. Students with higher tonss have a better opportunity of procuring a topographic point for themselves in their school of pick. While lower-scoring pupil may â€Å" acquire stuck † in a school or train different from that they desired, which might take them to seek admittance in private universities where competition for topographic points is less ferocious. Admission to private universities is different and is similar to universe broad registration processs.2.3.3 Course of studyIn universities, general or private, course of study are left to lectors and professors to make up one's mind the doctrine, guidelines, and even stuffs that they think pupils should larn. By and large talking, the course of study is centralised plenty to incarnate political and classless rules presented in free instruction and guaranting that all students have entree to the same programme of survey. It aims to raise criterions, guarantee that all pupils attain the aims at each degree, and to make the conditions for increased school and instructor answerability.2.4 English linguistic communication instruction in EgyptEnglish has long been given a particular position in Egypt, whether â€Å" a necessary immorality during the British business † or â€Å" a practical vehicle for educational, economic andaˆÂ ¦ societal mobility ( Schaub, 2000, p. 235 ) † . the chief aims set for ELT are to develop the ability to utilize English for communicating ; to further favorable attitudes towards larning in general and towards appropriate foreign civilizations in peculiar ; to develop an consciousness of the nature of linguistic communication and linguistic communi cation acquisition and hence, achieve cross-cultural consciousness ; to assist pupils ‘ womb-to-tomb acquisition every bit good as develop self-independence and to advance collaborative as a measure towards conveying up citizens who appreciate teamwork ( Schaub, 2000 ) . These are what is stated as the theoretical purposes of instruction. However, As far as the EFL schoolroom is concerned, it is non different from any other school topic, since it is a portion of the whole system. The state of affairs might conceivably be worse, due to the particular nature of the English linguistic communication learning in Egypt. The dominant form in the bulk of schoolrooms is that of an active instructors and inactive scholars. The instructor is the exclusive authorization to make up one's mind â€Å" what † and â€Å" haw † in the instruction and acquisition procedure, based on the cognition spelled out by the stakeholders. In footings of quality, the instruction and acquisition of EFL is characterised by instructors ‘ low proficiency in the mark linguistic communication. Teachers ‘ chief involvement and purpose is to acquire their pupils to go through their tests. Students ‘ Markss in such tests are the grounds of instructors ‘ success along with their governments in accomplishing the purposes of the MOE. That is why it is non surprising to happen a parallel system of instruction called â€Å" private tuition † taking at enabling pupils to go through the test and acquire high Markss. This private and Markss oriented tuition has long been fought by the authorities, which tries difficult to take serious and terrible steps against it. However, these attempts have been in vain up to now. Besides, a big per centum of primary and preparative school instructors are non-specialists ( 41 % ) ( Ibrahim, 2008 ) . In add-on, rating techniques do non get by with the development in acq uisition and learning methodological analysis techniques, and are rather far from the existent appraisal of pupils ‘ public presentation.2.5 Teacher preparation Reform Programme:Egypt has no deficit of instructors, so if anything Egypt has a excess of instructors, with some of 800,000 instructors presently believed to be in the state. ( Abdel-WAHAB, January 2008 ) ( Crookes, 2003 ) concludes that autochthonal Egyptian instructors, though non needfully utilizing activities or schoolroom interaction forms thought most desirable by Second Language Acquistion theoreticians, likely acquire better than foreign teachers ; but that the big category contexts that were new to the Egyptian instruction system ( through non unusual around the universe ) were a challenge met by the visitants. However the techniques used by visitants to pull off theses challenges, Holliday suggests, would be improbable to hold positive long-run effects because they did non construct on autochthonal forms and penchants. ( Holliday, 1996 ) concludes that † merely a new, rationalized-yet traditional- attack, could be to the full effectual in theaˆÂ ¦.culture of Egyptian university big classesaˆÂ ¦.. Exceptions apart, merely local lectors would be able to the full to accomplish this, because it would necessitate a rationalized edifice and re-allocation [ of thoughts and resources ] on an bing traditional footing ( p.100 ) Well aware of the challenges, the authorities is now looking for new ways of making things and has emarked on a big graduated table reform programme of public instruction to give single instituttions greater liberty and engagement to the private sector to assist increase capacity and better criterions. ( The Report: Egypt 2009, 2009 ) The major accomplishments of the Higher Education Enhancement Programme ( HEEP ) have been integrated into the national Education strategic program for the period 2008-2012, which aims to deconcentrate the national the national school construction, present school-based reform and better human resources through professional development programmes. The increased accent on instructor preparation within the model of the National Education Strategic Plan is considered one of the most of import facets of the reform programme.2.6 EFL prospective instructors preparation programme at Menoufia University:Since the focal point in this survey is centred on prospective EFL instructors ‘ perceptual experiences of microteaching, it will be utile to supply an overview of Menoufia university, Faculty of instruction and their readying programme in the school of instruction.2.6.1 Menoufia University: Historical backgroundAn Egyptian Public University founded in 19 76, is located chiefly in Shibin EL Kom, a metropolis in Delta and the capital of the Monufia Governorate. There is besides a subdivision in 1 † Sadat City, founded in 2006. It contains modules: of Education, Agriculture, Arts, Computers and Information, Commerce, Law, and Medicine. Both undergraduate and post-graduate instruction is offered.2.6.2 Menoufia university mission, general intents and strategic aimsMenoufia university ‘s mission is lending to construct the academic and moral construction of people, and developing both the local and national societies by supplying the specialised cognition and accomplishments peculiarly those that are related to the rural and new industrial communities through high quality educational, research, and social services that can assist the university to accomplish a competitory advantage at the national, regional, and international degrees. The general intents of the University represent the cardinal indexs of success of the achieve ment of the University ‘s mission. Seven general intents are identified for Menoufiya University. Each of the old general intents has a figure of strategic aims that reflect them. ( see appendix 1 )2.6.3 Faculty of Education, Menoufia UniversityThe module of Education was foremost established in 1971, affiliated to Ain Shams University. In 1975, it became attached to Tanta University. The module so became attached to Minoufiya University at its initiation in 1976. It contains sections of Educational Psychology. Curricula and Teaching Methods, and Education Fundamentals. Its Bachelors grades are offered in combination with one of the sections in the module of Humanistic disciplines or the Faculty of Science.2.6.4 school of Education English section readying classs:Theoretically, EFL instructors is prepared in the module of instruction through two complementary sets of classs. The first set of classs is chiefly linguistic communication proficiency classs ( capable affair cogniti on like English literature, interlingual rendition, grammar, phonetics, and linguistics ) , and the 2nd set is pedagogical classs ( the instruction proficiency ) , including classs like foundations of instruction ; comparative instruction ; educational psychological science ; along with the learning practicum that aims to fix pupil instructors for the prospective occupation. The practicum is jointly carried out and supervised by the MOE inspectors and instructors along with the staff of modules of instruction.Bettering Pre service teacher developing programmes:The national board for professional instruction criterions ( NBPTS ) identified five features of high-quality instructor: Teachers are committed to pupils and their acquisition. Teachers know the topic they teach and how to learn those topics to pupils. Teachers are responsible for pull offing and supervising pupil acquisition. Teachers think consistently about their pattern and learn from experience. Teachers are members of larning communities. Demand for teacher readying plans at establishments of higher instruction and through a go oning procedure of development and research, the centre for the development of English Language Teaching ( CDELT ) supported by the Integrated English Language Program ( IELP- II ) have integrated information about instructional rules to develop Egyptian criterions for instructors graduating from pre-service English instructor instruction plans ( STEP ) . Through the professional instruction plan, campaigners are expected to run into the criterions at progressively complex degrees. Campaigners are assessed at each degree to show public presentation. The subjects of building cognition, developing pattern, and furthering relationships provide the foundation for each of the criterions. These criterions, which are grouped into five chief spheres schoolroom direction, linguistic communication, direction, appraisal, and professionalism, organize the anchor of our instructor instruction plans. The STEPS undertaking is a countrywide enterprise under the protections of the Center for the Development of English Language Teaching ( CDELT ) in coaction with the Program Planning and Monitoring Unit ( PPMU ) . It is sponsored by the Integrated English Language Project II ( IELP-II ) . Its purpose is to put criterions for instructors of English at pre-service degree. The STEPS undertaking force consists of representatives from 12 Faculties of Education from nine universities and from the Ministry of Education of the Arab Republic of Egypt. The Task Force has drafted a set of criterions in five spheres depicting what freshly qualified instructors from our Faculties of Education should cognize and be able to make.The Role of CDELT to better Clinical supervising during Practicum:Harmonizing to ( Bowers & A ; Gaies, 1997 ) , Five rules underline the clinical supervivsion of CDELT classs. These are: There should be a balance between. theory and pattern, between the †educational † and the † preparation † maps. The feasibleness of proposals for alteration in instructor public presentation should be judged against the existent restraints of the learning context. The personal sensitiveness indispensable to effectual counciling and preparation is best developed within the security of a system or † paradigm † of counselor-teacher interaction. Observation should be systematic and focused, with rating based on grounds available to the instructor. Reding should steer the instructor toward specific, mensurable, and moderate alterations in behaviour. Examination of theses rules offers an indicant of the scheme of the CDELT attack to supervisor readying. The CDELT offers a full-time class of 24 hebdomads. It includes 20 hebdomad class work in four blocks of 5 hebdomads each, and one 4-week block of practical experience, in the center of five blocks. During the first two blocks, along with classs related to linguistic communication betterment, there are talks and seminars in debut to linguistics, theories of English linguistic communication instruction, and learning methods. Theses satisfy the demand to set up perceptual experiences of what linguistic communication is, what instruction is, and alternate attacks to the instruction of English. Over the diploma class as a whole, we aim to integrate into supervisor readying the five indispensable purposes of instructor instruction identified by, which among them guarantee theoretical grasp and practical application: principle, experience, observation, test and integrating.2.7 DecisionThe purpose of this chapter has been to supply the layout of the Egyptian educational system so as to give the reader an overview about the context in which this survey is connected, clarifying why this survey is of import for Egyptian instruction in general and linguistic communication instruction in Egypt in peculiar. Furthermore, the chapter reveals the alterations and fortunes that have been underway for about two decennaries now. These alterations are represented by proposing and planing new attacks, rules and weaponries for the general instruction, and in peculiar, for EFL acquisition and instruction. The undermentioned chapter is chiefly devoted to reexamining the literature related to EFl instructor readying programme and the function of microteaching in bettering their instruction public presentation.Abdel-WAHAB, A. ( January 2008 ) . Modeling Students ‘ Purpose to Adopt E-learning: A Case From Egypt. Turkish Online Journal of Distance Education-TOJDE, 9, 157-167.Arbors, R. , & A ; Gaies, S. ( Eds. ) . ( 1997 ) . Clinical supervising of linguistic communication instruction: the supervising as trainer and pedagogue Cambridge university imperativeness.Crookes, G. ( Ed. ) . ( 2003 ) . A practicum in TESOL: Professional Development through Teaching Practice: Cambridge University Press.Ginsburb, M. , & A ; Megahed, N. ( Eds. ) . ( 2009 ) . Comparative Positions on Teachers, Teaching and Professionalism Springer.Hargreaves, E. ( 1997 ) . The sheepskin disease in Egypt: Learning, instruction and the monster of the secondary departure certification. . Appraisal in Education, 4, 1 61-167.Herrera, L. ( Ed. ) . ( 2007 ) . Higher Education in the Arab World: Springer.Higher Education in Egypt: Reappraisals of National Policies for Education. ( 2010 ) . ) .Holliday, A. ( Ed. ) . ( 1996 ) . Large-and small-class civilizations in Egyptian university schoolrooms: a cultural justification for course of study alteration. : Cambrigde University imperativeness.Ibrahim, H. ( 2008 ) . The strategic reading procedures of Egyptian EFL scholars. Exeter University.Metcalfe, A. ( Ed. ) . ( 2008 ) . Speculating Research Policy: A Model for Higher Education: Springer.The Report: Egypt 2009. ( 2009 ) . ) : Oxford concern group.Said, M. , & A ; Mourad, M. ( Eds. ) . ( 2008 ) . Egypt. Baston: Baston College Center for International Higher Education.Schaub, M. ( 2000 ) . English in the Arab Republic of Egypt. World Englishes, 19 ( 2 ) , 225-238.Appendix 1 Menoufia University mission, purposes and Strategic AimsPurposeStrategic aims1A alumnus who is compatible with the modern-day cha llenges Bettering the quality of the educational procedure harmonizing to the both the local and international criterions. Associating theA educationA withA theA issuesA of bothA societyA andA localA environment. Effective leading of pupils. Bettering the wellness and societal attention of the pupils. Increasing the competitory capablenesss of the alumnuss in the labour market.2An first-class staff member. Accurate choice of the instruction and back uping staff members. Sustainability of the integrated development of the instruction and back uping staff members. Effective motive of the instruction and back uping staff members. Continuous public presentation assessment of the instruction and back uping staff members. Advanced systems for advancing the instruction and supportingA staff members.3Advanced academic research to be oriented by the intents of the national comprehensive development programs. Constructing an advanced academic base for the scientific research. Associating the scientific research with the issues of the comprehensive development programs at the national degree.4Promoting values and ideal rules. Developing and intensifying the belongingness to Egypt. Constructing the positive personality. Guaranting the values and committedness. Guaranting and esteeming the university ‘s values and traditions.5Civilized society and developing environment. Directing and utilizing the scientific research to function the development demands of the environment. Freedom of sentiment and protection of rational belongings. Bettering the quality of life. Developing consciousness of the cultural heritage. Developing the sense of beauty and encouraging creativeness. Developing the environmental consciousness. Promoting the behaviours that are compatible with the society development.6Distinguished position of the University in the development procedure of the instruction system. Distinguishing the university from others al both the local and international degrees. Bettering the society ‘s trust and convection of the university ‘s roleA and accomplishments. Triping the university ‘s parts in the local and internationalA academic motion. More effectual function of the university in the current development systems of the higher instruction and scientific research.7Effective administrative system. Bettering the organisation of the university ‘s councils and commissions. Bettering the university ‘s organisational and occupation constructions. Computerizing both the administrative and fiscal systems. Bettering the forming facets of the university ‘s fiscal and private concern units. Bettering the choice procedure of the non-academic leaders and the administrative staff. Continuous development of abilities and accomplishments of administrative staff. Effective motive of the administrative staff. Effective public presentation assessment and controlling of the administrative system.