New Global Patterns

For each term, person, or place listed at the beginning of the section, write a sentence explaining its significance.French Indochina – the name given to the colonies in Southeast Asia that were under French control. Significant of European imperialism in Asia and the pressure that was placed on it by Western and European powers.Mongkut – the king of Siam who by studying modern science, mathematics, and language was able to uphold his country and keep it from European rule and pushed Siam into a period of modernization.Spanish-American War – a struggle between the United States and Spain over the independence of Cuba.Was significant in the US’s ability to win and take control of Cuba.Liliuokalani – the queen of Hawaii had attempted to resist foreign influences but did not succeed as the United States overpowered her. Led to the imperialism of all Pacific islands by European powers.2. Reading Strategy: Identify Causes and Effects-How did industrializ ed powers divide up Southeast Asia and the Pacific, and how did the colonized peoples react?Powers such as the Dutch, British, and French were able to use the rivalries between local communities of Southeast Asia to their advantage by using new technologies and armies to conquer new colonies.In the Pacific the United States, Germany, and Britain had extraterritorial rights in Samoa and had a triple protectorate in action. Even after leaders of the former independent countries that became colonized tried to fight off foreign influence, the Western powers were always able to gain control of all except Siam. People of the colonies had pushed hard to resist the imperialist force and in the end after colonization, they adopted the ideals of the powers that controlled them by means of modernization. 3. Summarize – What steps did Siam take to preserve its independence? King Mongkut had studied foreign languages and on modern sciences and mathematics. He gained much knowledge and didn’t underestimate the power of the Europeans and took smarter approaches to resisting imperialism. He heavily negotiated with the Western powers by forming unequal treaties, much like the ones the Western powers had been using to take advantage of others. Mongkut was successful and was able to keep Siam out of the clutches of imperialism and soon after with the aid of his son Chulalongkorn was able to start a modernization movement to strengthen the country. Draw Conclusions – Why were Filipino rebels disappointed when the United States took control of the Philippines?During the Spanish-American War, the Philippines was able declare independence from Spain and decided to fight alongside the US to help in the effort. Rebels were disappointed because they had expected the US would acknowledge their independence after helping them defeat Spain. Instead, the US offered to buy Spain’s control of the Philippines for $20 million and the US was able to imperialize the Philippines which outrages rebels.4. Synthesize Information – How did Hawaii become part of the United States?The US had been part of the triple protectorate between the US, Germany, and Britain. The US exclusively had pushed for power in Hawaii and the American planters were able to overthrow Liliuokalani and her efforts to halt Western influence and supporters of annexation convinced the US that if they did not act for power in Hawaii, other countries would s oon interfere. This convinced the US to lock in its power in Hawaii.6. Make Comparisons- Compare the partition of Southeast Asia to the partition of Africa. How was it similar? How was it different?I see the partition of Asia and Africa similarly in the sense that both means of imperialism were the same. The powers used the same tactics to partitions colonies in both areas. They used unequal treaties, used a country’s weakness to their advantage such as local conflicts, used new technologies and armies as a means of conquering, and made the same modernization changes to society such as education, politics, transportation, economy, societal, etc.The main difference I seemed to remember was that the reason for imperializing these two parts of the eastern world was for Africa, the main idea was always based on social Darwinism and there seemed to be less multiple protectorates in Africa than in Asia. Also the struggle for Africa was mainly for resource benefits as opposed to Sou theast Asia where concern of resource supply wasn’t discussed in the section.

The Bombing of Hiroshima and Nagasaki

Anton Ermakov Period 4 US History Essay The Bombing of Hiroshima and Nagasaki On August 6th, 1945, the United States dropped an atomic bomb on Hiroshima, Japan, and then, three days later, dropped another bomb on Nagasaki. Since both bombs were dropped, there has been controversy over this important event. Some people feel strongly that the United States was justified in the decision to drop the bombs, whereas many other people believe that it was not necessary to bomb Japan at that point in the war.Write a five-paragraph essay in which you state your opinion on this difficult issue and then explain, describe, and support your point of view with examples and details. The atomic bombings of the Japanese cities of Hiroshima and Nagasaki occupy an important place among the most controversial events in the history of humanity. Even though almost seventy years passes since these events, their morality and justification are still questioned extensively by both scholars and ordinary people. In my opinion, the bombings were a grim necessity, which gave the US an opportunity to avoid heavy casualties and conclude the war triumphantly. In this essay, I am going to explain my views and provide arguments in favor of my point of view. Personally, I believe that using the deadliest weapon ever created by a man played a crucial role in crushing the Japanese morale and battle spirit. At the end of World War II, the Japanese society was heavily militarized and fanatically devoted to serving Emperor Hirohito, who was viewed as a living god by his subjects.Therefore, the entire country of Japan lived by the warrior code of bushido, ready to fight for the defense of their mainland. Despite this fatalistic readiness for a final fight, the Japanese were not ready for experiencing the terror of nuclear warfare. The tragic events at Hiroshima and Nagasaki forced the Japanese nation to abandon their will to fight to death, causing the Japanese government to agree with the American terms of surrender. Second of all, I believe that the bombings actually helped save tens of housands of lives from both sides of the conflict by helping the US military to bypass the need for a massive invasion of the Japanese mainland. Before the completion of the Manhattan Project, the military planned to mount an invasion from the newly-captured islands of Iwo Jima and Okinawa. Considering the scale of the defensive preparations conducted by the Japanese government leads to me to believe that a conventional invasion of Japan would result in a massive number of American casualties. The operation of this magnitude would also be extremely harmful for the civilian population of Japan.These reasons make me believe that the unfortunate eradication of the two Japanese cities was a lesser evil. Finally the atomic bombings provided the United States with an opportunity to establish its position as a new superpower, demonstrating its military might to the prospective rival superpower of the USS R. Even though demonstrating the capabilities of a weapon of such destructive power on the civilian population is definitely immoral, it was the best way to showcase the atomic bomb, which eventually became an important asset in keeping the Soviet aggression in check.By using nuclear weapons in combat, the US managed to get an upper hand in an early arms race with the Soviet Union and maintain that position until the testing of the first Soviet nuclear bomb in 1949. In conclusion, I would like to say that, even though the bombing raids on Hiroshima and Nagasaki resulted in tens of thousands of civilian deaths, they were instrumental in overcoming the stubborn resistance of the Japanese government, bringing the war to an end, and saving a far greater number of lives in other Japanese cities. Beyond all doubt, these events are tragic, but they should not be perceived as a horrible and unnecessary atrocity.

Informative Analysis Essay

The purpose of an informative briefing is to enhance the audience’s knowledge about a specific topic in which the speaker is an expert. The goal of the presenter is to present clear-cut information in an interesting yet enlightening manner. The purpose of my speech was to enhance the audience’s awareness of what marijuana is, as well as to dispel many myths that exist around it that emanate from the fact that it is an illegal substance, causing often untrue information to be spread. The ultimate goal of my presentation was to leave the audience with a better understanding of what the plant actually is and how it may be of use to society. Introducing a topic during a presentation is one of, if not the, most difficult part of any speech. If the speaker does not draw the audience’s attention immediately, then they are, in effect, lost for the duration of the speech. I believe that my introduction was relatively effective because it introduced my topic in a way that most members of the class can most likely relate to. By asking the audience if they recognized the rolling paper, they were forced to focus on me as well as my question, which then introduced a relatively controversial topic. In doing so, I should have captured the attention of the audience. In reviewing my performance, however, it was clearly evident how nervous I was which hindered the eloquence of the introduction, making it less effective than I had planned and ultimately hoped for; it was, nonetheless, still effective in capturing the audience. As with any other presentation, the body of the speech followed the introduction. The body was organized in a manner that would logically suit the presentation. First, there was a brief description of what marijuana really is, which was actually quite important based on the purpose of the speech. Marijuana is most often referred to by one of the multitudes of street names that it has acquired and the purpose of the speech was to enhance the knowledge of the audience by presenting facts, not street information. Following the description was a point counter-point narrative of many of the myths surrounding marijuana usage and the truth behind those  myths. Next, I spoke about many of the federal studies that have occurred whose findings differ greatly with much of the propagandized information that is presented to the general population. The third major topic area that I covered was the potential that marijuana has for the business and financial world, as well as the repercussions tha t would ensue if marijuana was actually made into a legal plant and turned into an industry. Each of the major points was supported by numerous documented facts. In defining what marijuana is, I used the Common Sense for Drug Policy Foundations definition as well as other information that the site provided that enhanced the understanding of the defining characteristics of marijuana. After this, I spoke about the many studies that have occurred, such as the Schaffer Study conducted under the Nixon Administration, which I obtained information about from a book authored by Raymond Schaffer, the man who lead the study (the book was titled A Signal of Misunderstanding). I found that many of the other studies provided statistics that further enhanced the information provided in my speech because it described the ineffective nature of current policing policies as well as introduced the final portion of my presentation, which was the business aspects involved in the marijuana debate. The information provided by the national commission on marijuana and drug abuse was valuable in supporting my statement that there are business repercussions that could emanate from the use of marijuana. First, I stated how many users there are in the United States, followed by the extent of the crimes committed. Then, using information from an Associated press article entitled UN Estimates Drug Business Equal To 8% of World Trade, I described how the business world would most likely benefit from the legal use of marijuana. The basis of any conclusion is to tie up the presentation and basically re-cap what was presented. My conclusion was not as effective as I had hoped. My goal was to create a clincher, a final thought provoking, or at least interesting, point that would regain the audiences attention if it had been lost during the presentation. In attempting to do so, I was not  effective in summarizing the major points, nor was the clincher too effective. It seemed as if I was struggling to come up with an adequate clincher, which could have been avoided with more practice of the conclusion. Because I did not have a speech prepared, my eye contact was relatively effective in viewing the audience. Realistically, I should have looked up at the audience more, and for more sustained periods of time, but the lack of a composed speech forced me to look at the audience throughout the presentation. My vocal variation during the speech was sub-par. It was clearly evident that I was nervous throughout the speech and the voice was a reflection of my anxiety. In practicing the speech, I had used various intonations to emphasize certain points, but during my presentation I was, for the most part, speaking in a monotone. There were points where I did alter my vocal tone, but it was not frequent or effective enough. The speed and enunciation of the speech were adequate, but the volume of my voice and the general variation of tone in general could have been improved upon. Because I did not have any physical examples and no podium was set up, body movement was not necessarily appropriate. If we had been encouraged to walk around the front of the room or if there was a large physical example, then movement would have been appropriate. However, under the given circumstances and time restrictions, body movement was, personally, minimal because it was not overly necessary in the presentation of the information. As many of the other class members discovered, it was difficult to involve the class in the discussion. Few, if any, members of the class actively participated in any presentation, even if solely by asking questions. I believe that most of the class members have been confronted with my topic at some point or another during their lives, so even at an unspoken level most of my classmates must have at least related to the presentation. Again, my class is not overly participatory in any nature, so it is difficult to rate the amount of audience participation because, in general, the class does not participate unless there isn’t an alternative. Informative speeches are an effective method of enhancing an audiences knowledge of a given topic. They are purposeful and necessary, especially in  the upbeat modern world that requires quick and effective transference of information from one individual to another. Through the use of these speeches, a large amount of information can be provided to a room full of individuals in a relatively short amount of time. The information provided can then be used or applied immediately following the presentation. The goal of my informative speech was to enhance the audience’s knowledge about what marijuana really is, and how it can be used today to augment the way of life of our growing economy.

What were the major historical causes for the successive waves of Essay

What were the major historical causes for the successive waves of Greek colonization In what ways did Greek colonies impact Greek political institutions and cultural values - Essay Example Moreover, years of military expertise and familiarity with defending the Greek Speaking world from a host of foreign threats came to integrate deeply within an understanding of Greece and its role throughout the region. As can be seen from the situation that is been described, there was not merely one or two factors that encourage to Greece to colonize and otherwise invade the surrounding regions. Instead, a litany of factors coalesced and encouraged the nascent state, as a direct result of its exposure, trade, and subsequent military conquest, that colonization would be an effective means through which a greater level of wealth and regional influence could be exhibited. After the conquest of the first wave of Greek colonization, it became clear that a level of administrative authority, unlike what existed within the Greek states, must be exerted as a means of ensuring that a level of separatism and possible/potential rebellion was not exhibited. Due to the fact that the individuals who were colonized were inherently â€Å"non-Greek† the colonies could not be expected to be administered willingly in the same way that free men within the Greek city states existed. As such, a new form of administration and one that promoted a level of Greek culture, identification, and governance was established within these newly conquered realms. Although it was not a primary interest of the Greek colonizers to instill a level of cultural respect, the institutions and governance structure that was established effectively created a level of Greek culture and respect for it within the institutions that have thus far been described. As with any empire throughout the course of history, the growth and diversity of colonies created a situation in which Greece was forced to expend a great deal of energy, time, and money as a means of administering and ensuring that these colonies continue

Bombing of Dresden in WWII Essay Example | Topics and Well Written Essays - 2500 words

Bombing of Dresden in WWII - Essay Example It also, in the long run at least, exposed the fact that the Allied forces culminated WWII using the very tactics that they had once condemned. An analysis of whether the bombing of Dresden was "justified" needs to start with an examination of whether the whole concept of "area bombing" was justified. Area bombing was first suggested by Charles Portal, of the British Air Staff, in 1941. The destruction of whole cities was thought to be an effective manner of quickly breaking civilian morale. Among cities that had been attacked since 1942 included Bremen, Frankfurt and Cologne. One method to effectively destroy large cities was the dropping of bombs filled with highly flammable materials such as magnesium, phosphorus and petroleum jelly - the so-called incendiary bomb. The area would catch fire, hot air rose rapidly and colder air form outside created gale force winds that would literally suck people into the flames. The justification for such tactics, both in general, and in particular with Dresden, was based upon a kind of moral relativism in which a country involved in a Total War against an implacable enemy would adopt any tactics necessary in order to win. The same 'morality' was involved in the decision to bomb Hiroshima and Nagasaki in Japan with Atomic weapons. Within the general milieu of WWII the bombing of Dresden was no different from any of these other firebombing campaigns. The military justification for the bombing was formulated as early as January, 1945 in the following memo: Dresden, the seventh largest city in Germany and not much smaller than Manchester, is also far the largest unbombed built-up the enemy has got. In the midst of winter with refugees pouring westwards and troops to be rested, roofs are at a premium. The intentions of the attack are to hit the enemy where he will feel it most, behind an already partially collapsed front, to prevent the use of the city in the way of further advance, and incidentally to show the Russians when they arrive what Bomber Command can do. (Royal, 1945) A close reading of this memo is revealing. The opening sentence seems to be trying to provide a reason for the bombing through stressing the fact that Dresden is not much smaller than Manchester, and that it is one of the last German cities that had not been bombed. As a city it represents a place that, the memo admits "refugees" are flocking towards as they fled the rapidly advancing Russians. The fact that soldiers may be going there too seems almost an afterthought. The triptych of reasons for the coming bombing seems almost light-hearted in the manner in which it moves from one motivation to another. The last one, that the bombing will show the Russians what the combined British and US air forces are capable of (as if they didn't already know) seems utterly callous, and makes Dresden merely a pawn in one of the precursors to the coming Cold War. This memo seems to be searching for a motivation rather than providing a balanced analysis of whether Dresden should be bombed or not. As such, it would seem to suggest that the actual people who undertook the bombing, the RAF, had little justification themselves. In his autobiography, written after WWII was over, Arthur Harris provided both a specific and general explanation for the bomb

Determinants of plasma retinol and beta-carotene levels Statistics Project

Determinants of plasma retinol and beta-carotene levels - Statistics Project Example The property of mean that included magnitude and rank of all data in a set informed the application. Non-parametric test for comparison of median of plasma beta-carotene confirms significance of the difference and establishes reliability. The test analyses the same hypothesis, narrowed down to the following hypothesis, based on median. The graphs show a similar distribution, based on skewedness, and suggest a relationship between the two variables. The suggested relationship is, further, positive because of the symmetry. Correlation analysis results, however, undermines possible relationship as shown in the following table. The table confirms insignificance of the possible relationship between the two variables (p= 0.205> 0.005, F= 1.612). The t-test result for the regression coefficient also shows the results, based on table 6. The results identify a significant relationship between plasma beta-carotene and vitamin use, a significant relationship between plasma retinol and age and sex, but no significant relationship exist between plasma retinol and plasma

Strategic Corporate Finance Workshop Research Paper

Strategic Corporate Finance Workshop - Research Paper Example A shareholder may not find investment in the company as an attractive option taking into consideration the time value of money. Thus, profit maximisation does not provide any assurance with regard to the timing and risk associated with the cash flow either. It can be concluded that profit maximisation does not help in improving the value placed on the company by the shareholders. It is needless to say that it is the funds from the shareholder that mainly supports the operations of a company and shortage in such funds could affect the survival of the company in the long run. Therefore, profit maximisation should not be the ultimate goal of a financial manager. Just like profit maximisation, sales maximisation would not bear an impact on the market value of the company. Sales maximisation does not even assure profit maximisation, leave alone enhancing the company's value. Sometimes, the cost involved in maximising the sales may even cancel out the benefit derived from it. In today's world, it is extremely important for every company to be socially responsible. Social responsibility includes maximising benefits to the employees and the society at large. In the long run, socially responsible actions taken by a company would also benefit the shareholders indirectly. However, social responsibility cannot be viewed as the main purpose of running a company. The company cannot put its social responsibility ahead of its own survival. Therefore, maximisation of benefit to employees and local community would not be the main goal of a financial manager. (d) Maximisation of shareholder wealth - Shareholders are the actual owners of a company. Shareholders investment is crucial for the survival of the company. The shareholders choose to invest in the company that can give highest returns on the investment made. Therefore maximisation of shareholder wealth should be the main goal of a financial manager. The financial manager should ensure that the resources are allocated in such a way that it results in maximisation of shareholders wealth. Answer 2:- (a) Net Present Value (NPV): Conversion of uncertain cash flow to certain cash flow Year Uncertain Cash Flow() Certain Cash Flow () (Uncertain CF x 0.75) 1 103,750 77,812 2 113,750 85,312 3 123,750 92,812 4 133,750 100,312 5 123,750 92,812 6 105,750 79,312 7 103,750 77,812 8 98,750 74,062 Computation of Net Present Value (NPV): [NPV = Present Value of Cash Inflow - Present Value of Cash Outflow] Year Certain Cash Flow () Discount Factor* Present Value of C

The Emperor's New Clothes Essay Example | Topics and Well Written Essays - 1000 words

The Emperor's New Clothes - Essay Example (Wullschlager) The author altered the story line and changed the theme to courtly pride and intellectual vanity. (Wullschlager) Andersen lived in a time when the bourgeoisie was a class of its own. Many believe that Andersen had chosen to change the storyline and the ending of the Spanish story to make fun of the bourgeoisie and their snobbishness and hypocrisy. The satirical attempt was obvious in how Andersen described the king as someone who â€Å"wanted to be always well dressed† and â€Å"spend (sic) all his money in order to obtain† his clothes (Andersen), not caring for anyone else. Intellectual vanity was not only limited to the bourgeoisie class, however, as the old sensible minister, courtier and other officials who worked for the emperor lied to the latter about what they saw since they also did not want to be called stupid. In fact, Andersen writes â€Å"Everyone in town...were anxious to see how bad or stupid their neighbours were.† (Andersen) By mak ing the foolish emperor decide to parade his nude fat body proudly under the invisible new wardrobe because he did not want to admit his stupidity, Anderson effectively showed how much people valued their pride. The need to keep face was also evident at the end of story when, after realizing the truth, the emperor said he must bear the humiliation till the end. Also, the element of irony is present because the swindlers’ cloth which is supposed to be seen only by superior people actually made the emperor and everyone else around him who praised the new wardrobe stupid. James Finn Garner’s retelling of Andersen’s The Emperor’s New Clothes is a â€Å"politically correct version† with the author making fun of how people are trying not to be insulting, sometimes to a fault. Garner stuck to most of the storyline but changed the ending and consequently, changed the moral lesson of the fairy tale as well. Using modern language, Garner described the empero r, his kingdom and the people around him as nicely as politically correct advocates would not be expected to. Examples of such would be the tailor, who deceived the king, being decorum-impaired. The emperor was a â€Å"wisdom-challenged tyrant† who felt good about the idea of an empire that made him look good, like a â€Å"trophy wife†. (Garner) Although most of the storyline remained the same and the story was still about vanity, the author used the language of today to describe the situation, characters and feelings of the people in the story. The empire was supposed to be of people who were non-alcoholics, non-smokers and listened to country music among others. (Garner) The irony in the story is still shown in how Garner made the seemingly astute leader who believed that males were superior look inferior when he himself could not admit to the truth as to the existence of his new wardrobe. As with Andersen, Garner describes the new emperor’s body as â€Å"an ugly mass of puffy white flesh† and yet the emperor â€Å"saw this too, but pretended that he could see the beautiful, politically correct robes.† Again, Garner pokes fun at how some people already see the truth but still want to appear politically correct and say nice things to avoid being insulting. The alternate ending Garner did was to make the crowd decide on joining the nude emperor by undressing and declaring a â€Å"clothing optional† day from thereon. With this, Garner presents the issue of nudity with a thumbs-up

Arts and Heritage Marketing Essay Example | Topics and Well Written Essays - 1500 words

Arts and Heritage Marketing - Essay Example Located at the pulsating heart of London, the Tate Britain happens to be an art gallery exhibiting some of the finest collections of British artifacts and paintings. The main gallery, which is a part of the Tate gallery network in Britain, houses several channels that oversee the branding of contemporary art with music. Works of some of the most notable poets, artists and musicians of the present generation, including William Blake, Sonia Boyce, Damien Hirst, Cornelia Parker, Mark Dion, Tracey Emin, Bruce Nauman, and Jeffrey Lewis, are showcased at the gallery. Antique English art and global contemporary art have been put on display in the Gallery with due importance attached to their careful preservation (Tate Britain n. d.). The first segment of this report is going to provide a SWOT analysis of the internal strengths and weaknesses of the Tate Britain, followed by a close scrutiny of the outside scopes of further development and possible difficulties in functional integrity. The analysis will be made to key out a few target markets to which the products of the Gallery may be sold. The second part of the report will document the marketing action plan by incorporating the basic marketing strategies and relating them to the outcomes of the SWOT analysis. Recommendations for improvement will be made keeping in mind the budgetary constraints of marketing. The idea of value-based branding may be looked into for drawing out a prospective marketing strategy for the Tate Gallery. As an art and heritage museum that has been serving the interest of a very select group of art collectors and lovers for a long time, the Tate Gallery essentially has a unique selling proposition only in terms of the intrinsic values of its collections. The concept of cross-cultural branding comes in contention as well as this art house has in its repertoire not just the indigenous British artifacts, but also many works of art from other cultures around Europe. In a

Capstone Project Scenario Solution Essay Example | Topics and Well Written Essays - 1750 words

Capstone Project Scenario Solution - Essay Example This paper will discuss from the point of view of an administrator, who intends to start a mobile MRI scan service and also analyzes its opportunities, challenges etc. Normally, if there is a quite a good concentration of human population, the risk of humans getting physical injury and abnormalities will always be there. If the population is higher, the risk element will also rise, and the risk will translate into actual cases of persons getting injured and having abnormalities. As there will be the need to diagnose this injured, the opportunity of using MRI will also get optimized. The administrator’s management of the orthopaedic surgery practice would have given him/her enough work experience, which would, gave him/her a clear and confident vision of the scope of MRI service. And this vision can be easily used to turn the challenge into opportunity. â€Å"Vision gives you the impulse to make the picture your own† (Collier). That is, as an administrator of an orthopaedic surgery practice, he/she may know the importance of the MRI scan, for the treatment of majority of the orthopaedic cases. As orthopedics is the specialized branch of medicine, which deals with ‘internal’ bones, tissues, muscles and nerves, MRI will be of great use. Internal is the key word because no orthopaedic specialist could pinpoint an injury or any abnormality just from viewing the external body. So in that case, only scientific equipment like MRI scans will be the viable option. â€Å"MRI†¦is a non-invasive method used to render images of the inside of an object. It is primarily used in medical imaging to demonstrate pathological or other physiological alterations of living tissues.† (wikipedia.com). And that MRI will be put to great use, if the MRI services become portable. That is, when one gets injured in the any part of limbs (upper and the lower included) or in any other important bones, one cannot move with comfort. They need to be brought to the orthopaedic

Advantages and disadvantges of the genetically modified crops Essay

Advantages and disadvantges of the genetically modified crops - Essay Example For instance genetic engineers can extract a gene that causes drought resistance then insert it into another plant. The genetically modified plant now possesses the trait of resisting drought that is a trait of the first plant. This practice can be applied even for genes from non-plant organisms (Bijaya, 2013). A noteworthy point is that even though this practice can be applied on plants and animals, it is more commonly used on plants rather than animals. One advantage of GMOs is that they grow more rapidly than traditional organisms. Conventionally, traditional crops can only be grown during the season and only in the climate that is conducive for the growth of that plant; genetically modified crops on the other hand can be grown out of season and even in unfavourable climate. Despite the cost of genetically modified seeds being higher, the overall cost of production is marginally lower than that of traditional crops (Bijaya, 2013). Another advantage of genetically modified crops is that they are more nutritious than traditional foods according to Kantor  (2013). This is because there is no limit to the kind of manipulation that engineering can do. Swiss scientists are said to have created a strain of rice that contains high amount of vitamin A (Health Research Funding, 2013); this could go a long way intohelping eradicate blindness in third world countries caused by vitamin A deficiency. Most also agree that genetically modified foods taste better and do not rot as quickly as traditional foods (Health Research Funding, 2013). Some properties of traditional crops is that in their natural state, they contain allergens and can, therefore, not be consumed by people allergic to them. With genetically modifying these plants, these properties can be removed (Bijaya, 2013). Genetically modified plants are more resistant to pests; farmers can, therefore, use less amounts of pesticides; most people prefer crops grown with

Pizza USA Term Paper Essay Example for Free

Pizza USA Term Paper Essay Abstract This case involves Pizza USA, a small independent chain restaurant operation that offers both dine-in and carry-out services for customers that has received feedback for a potential change that will require the implementation of design process to add services. Currently, customers have indicated that they are pleased with the food offered by the restaurant but they would increase pizza purchases if a delivery service was available. This dilemma ties into two separate issues. First, in order to remain competitive within the industry, customer wants and preferences need to be heard. After all, if you cannot please your customer base, you will lose them. Secondly, the changes required must be done in a manner that combines data gathering and analysis and implementation of a plan that best suites this particular type of business in order to maximize success. Customer service has been a recurring theme in many discussions regarding business operations and management in recent weeks. The prevailing thought is that in order for your business to grow and be successful, you must identify what your customers want and find a way to deliver it. This paper will analyze and discuss how process design can be implemented to assist this business to achieve its goals. Within the process design analysis and discussion, several factors will be reviewed to include: identification of what customer satisfaction means to the business and how we can identify the things that are most valuable to customers, the potential net yield of achieving a high level of customer satisfaction and efficiency, and the characteristic of developing an efficient pizza delivery (from stove to door) system. The paper will also assess creation of market â€Å"advantages† to not only maintain but grow the customer base. Pizza USA: An Exercise in Translating Customer Requirements into Process Design In the last five years leading up to 2012, the Pizza Restaurants industry has experienced the results of a downturn in economy. Restaurants have been directly affected by changing market conditions such as changes in intense competition, decreasing consumer spending and an increase in overall health consciousness (Kalnins, A., Mayer, K. , 2004). However, despite such overwhelming odds and challenges, businesses were able to overcome economic hard times by reinventing themselves through creative marketing and adjusting their menu’s to adapt to customers preferences (Kelso, 2012). This allowed the industry to recover effectively and consumer spending and market growth returned in 2010. As more consumers returned to the restaurants, overall demand increased. The U. S. Pizza industry averages about 410 million pizzas per year (Kelso, 2012). In 2012 alone, pizza sales are expected to reach an incredible $36. 1 billion in revenue which is a 3. 8 percent increase from the previous year (Kelso, 2012). This growth is expected to continue at a rate of 2. 9 percent per year through 2017. Based on gathered data, 97 percent of U. S. consumers have ordered food from a pizza restaurant or establishment within the past 12 months (Kelso, 2012). No matter how you look at it, pizza consumption is on the rise and creates an exceptional opportunity for success in this industry. According to Gregory Badishkanian, a CITI Analyst, the big three of the pizza industry: Pizza Hut, Domino’s, and Papa Johns are currently in position to increase market share. (Bloomberg, 2012). Although the big three comprise of 30% of the total pizza market, the remaining 70% comprise largely of other large chains with less market coverage and of course the smaller independent chains (Kelso, 2012). While the larger chains are improving profits independent chains are struggling to stay afloat amidst the fierce competition among the larger more established companies such as the big three (Kelso, 2012). Understanding this dilemma, it would be most prudent for any independent restaurant operator to maximize operations by insuring that internal process design enables not only efficient productivity but generates a process that is customer friendly and focused on customer’s needs and preferences (Kalnins, A. , Mayer, K. , 2004). This would be critical in the business’ ability to survive in such a monopolistic type market. Successful operation within a smaller independent chain restaurant faces challenges that may not be as apparent to a larger and more established national chains. Pizza USA is a small chain operation that currently provides two services: dine-in and carry-out options. Customers have commented that if delivery services were added to the restaurant offerings, they would potentially buy more pizzas (Jacobs Chase, 2011). Based on this information, it is apparent that the owner needs to assess his business operations and consider a process design that would include adding this service to current operations. The addition of delivery services would potentially require additional capital to finance changes and may involve the hiring of additional staff. However, revenue increases as a result of the added service would off-set the costs associated with these additions. Near and long-term implications would include survivability within such a competitive market. As a customer, the primary focus of my satisfaction with this type of business relates primarily to efficiency and the level of customer service provided. If delivery service was provided, the two areas that would be most prevalent in my mind would be the delivery time and the state of the pizza once received. Far too often, I’ve received delivered food that was warm and in some cases cold. Needless to say, I never contacted that restaurant again. The thing that would create a unique experience would be the restaurant’s ability to not only deliver within an exceptional time period but also to provide a pizza that is piping hot as it would be while dining in. Another aspect would be an incentive to order delivery by way of discounting or some type of rewards service. These are experiences that have not been typical in my experience with pizza deliveries. Method. The perceived situational analysis are as follows: Strengths-Due to the smaller nature of the business, It could potentially create a more personal experience for the customers thus increasing customer satisfaction; Weaknesses-As a smaller business entity, they have less resources and limited options in implementing changes to meet customer demands. Also, the business would be less tolerant of negative impacts that may result from changes compared to larger established chains with additional resources available; Opportunities-A stronger customer relationship tends to allow more flexibility due to stronger loyalty among satisfied customers. Loyal customers are willing to wait changes out rather than making an initial determination and moving on to another business; Threats-The primary threats are of course the larger and more established chains such as the big three. Again, due to resourcing issues, these smaller and independent operations have less flexibility and opportunity if changes become less than desirable. The primary causes and effects are business survivability and customer satisfaction. Although these two areas are mentioned separately, they are in fact one. If changes are not made to meet customer needs and preferences, the business risks losing clientele and eventual closure. The term customer loyalty has been described as a process of capturing how well an organization is performing in three critical market measures: customer retention, share of wallet, and price sensitivity relative to competitors (Jacobs Chase, 2011). Studies have shown that customer loyalty relates directly to business success and survivability. There exists a major distinction between product design from the user’s standpoint from what may have been intended by the manufacturer (Jacobs Chase, 2011). The main difference deals primarily with the intended versus perceived usefulness of a given product. In short, if the customer’s input is not considered, product or process design could potentially be a major waste of time on the from end of the planning cycle with even a worse outcome once in the market. Table-1 below indicates quick-serve satisfaction rates among the top companies in the market to include the big three (Verma, R. , Thompson, G. , 1999). As you can see, each of the larger chains has high overall scores in customer satisfaction. Albeit, this is only one of many areas that could potentially be assessed. The independent chains can learn something from this data. The large chains didn’t survive the market and become who they are today without success in this particular area (Verma, R. , Thompson, G. , 1999). Table-1 Although the case situation described is consistent with most other business operations, â€Å"what can be done to be more profitable? † it is unique in itself due the detail andlevel of changes discussed. There are probably 100 areas that could be looked at that deals with efficiency and customer satisfaction. However, for the purpose of this paper we will only analyze the above mentioned areas. If assessing profitability and customer satisfaction is an everyday occurrence, which is the case in most businesses, then this case could most certainly be considered as a preexisting situation. However, this paper has little to do with assessing a documented loss in profits or revenue streams so the evolution is unknown at best. There are many course concepts that can be applied to understand this situation. However the two most prevalent areas of operations philosophy that comes to mind are: Chapter 3-Product and Service Design and Chapter 5-Process Analysis. Quality Function Deployment (QFD) in chapter 3 discusses the process of getting the customer’s â€Å"voice† involved in design specifications (Jacobs Chase, 2011). This concept and application relates to any and all industries and organizations. It is directly related a process of studying and listening to customers to improve upon a product or service (Jacobs Chase, 2011). Measuring Process Performance in Chapter 5 primarily deals with how well a particular process is performing. This is accomplished by assessing many different types of metrics such as: productivity, efficiency, flow time, throughput, and value added time to name a few (Jacobs Chase, 2011). In order to adequately analyze whether your operation is running efficiently, a system of measurement is required to assess the performance. Results/Discussion The problem of addressing the customers’ needs and preferences are easily solved. Immediately implement planning to accommodate your customers’ request for the added feature of delivery service. Consider the most efficient manner of transition to minimize disruption to current business operations while planning the change. Insure that additional feedback is solicited and gathered from customers to re-validate the need to add the additional service and proceed with design process reviews and analysis to achieve goals. This satisfies the earlier discussion regarding identification of what the customer really wants and prefers. The task of developing and implementing the plan is what is the most difficult. Recommend that the owner begins with data gathering methods such as GAP Analysis. This method is used to assess the business’ performance relative to the expectations of its customers (Jacobs Chase, 2011). An additional form of Gap Analysis includes the benchmarking of certain industry standards and measures the business ‘performance against established standards within the industry (Jacobs Chase, 2011). Questions to be asked would be: What are other smaller independent chains offering? Is delivery service a value added service or just a waste of money? What are the industry standards in regards to delivery times and what is considered acceptable to customers? Do have the resources to provide that type of service or will it require additional equipment, supplies, vehicles and staff? This will allow the owner to see where his restaurant is versus where he wants to be. Moreover, this would be an ideal tool to gather additional information from Customers to obtain additional feedback. It can be accomplished in many ways such as through paper or email mailers and in store surveys. The method selected would primarily depend on the owner’s available resources and preferences and of course size of targeted population. The follow-on recommendation is to conduct a cost impact and payoff analysis using a decision tree or what some would call a consequence diagram. This process allows the planner to map out several alternatives with different end results to assess risk (Jacobs Chase, 2011). In essence it is a risk matrix. When planning or considering restaurant equipment purchases or even additional staff hires, this process could be beneficial in assessing the risks involved with each decision (Jacobs Chase, 2011). Table-2 is a representation of a typical decision tree used to make informed decisions. As you can see, it is a process of identifying the problem (or situation) and working through several COA’s to determine what works best for you. Table-2 Implementation is the next step. I would recommend the utilization of responsibility charts to organize and manage tasks. Again, this particular tool is a type of matrix that lists all the projects and tasks to be completed while identifying certain responsible parties or stakeholders (Jacobs Chase, 2011). In such a small business environment, it would probably be most beneficial for the owner to get all staff involved with the design process to obtain full buy-in.this can be accomplished through the use of this tool. Of all the steps involved with planning and execution, this is probably the most labor intensive due to the potential resourcing required. After plans are implemented, the owner needs to assess the customer reactions to the added service. Anticipating a given response and getting the actual response are sometimes two different things. Again, the same process used during the Gap Analysis can be used to capture post-implementation feedback from customers (Jacobs Chase, 2011). The bottom line is that as a small business, you more reliant on customer loyalty than larger chains and operations. As a result, you must pay attention to any feedback received regarding your products and services, In this case we’re talking about pizzas but it applies in many other situations and industries as well. Once the feedback id obtained develop a smart and affordable plan and implement the plan. Once you have transitioned fully into your new plan, solicit additional feedback from customers to see how things are going. You may find other areas of your business operations that require attention. Customer feedback has to be a part of your daily operations. Without it, your business is at serious risk. References Kalnins, A. , Mayer, K. , (Dec 2004), Franchising, ownership, and experience: A study of pizza restaurant survival. Management Science Journal, Vol. 50 Issue 12, p1716-1728, 13p, 3 Charts. doi: 10. 1287/mnsc. 1040. 0220 Kohli, A. , Gupta, M. , (Apr 2010), Improving operations strategy: Application of TOC principles in a small business. Journal of Business Economics Research, Vol. 8 Issue 4, p37-45, 9p Verma, R. , Thompson, G. , (1999), Managing service operations based on customer preferences. International Journal of Operations and Production Management. Vol. 19 Issue 9/10, p891-908, 18p, 6 Charts Jacobs, F. R. , Chase, R. B. (2011), Operations and supply chain management. (13th ed. ), New York, NY: McGraw-Hill/Irwin Kelso, A. , (Sep 2012), Survey: U. S. pizza market tops $40 billion, pizzamarketplace. com, Retrieved: 1 Mar 2013 http://www. pizzamarketplace. com/article/200667/Survey-U-S-pizza-market-tops-40-billion AP News, (Sep 2012), Analyst: Big pizza chains could take bigger slice, Bloomberg Business Week News, Retrieved: 1 Mar 2013 http://www. businessweek. com/ap/2012-09-18/analyst-big-pizza-chains-could-take-bigger-slice.

Merger between Air India and Indian Airlines

Merger between Air India and Indian Airlines INDIAN AIRLINES The erstwhile Indian Airlines Limited or currently known as Indian, was Indias first state owned domestic airline. Indian Airlines was set up under the aegis of federal Union Ministry of Civil Aviation and based in New Delhi. Its main bases were the international airports in Chennai, Mumbai, Kolkata and New Delhi. It has now been merged with Air India for corporate purposes, though for now, continues to issue its own tickets. .Indian Airlines came into being with the enactment of the Air Corporations Act, 1953. It was renamed Indian on December 7, 2005. Indian Airlines started its operations from 1st August, 1953, with a fleet of 99 aircraft and was the outcome of the merger of seven former independent airlines, namely Deccan Airways, Airways-India, Bharat Airways, Himalayan Aviation, Kalinga Air Lines, Indian National Airways and Air Services of India. The year 1964 saw the Indian Airlines moving into the jet era with the introduction of Caravelle aircraft into its fleet followed by Boeing 737-200 in the early 1970. Along with its wholly owned subsidiary Alliance Air, it flies a fleet of 70 aircraft including Airbus A300, Airbus A320, Airbus A319, Boeing 737, Dornier Do-228, ATR-4, Airbus A319, A320 A321. Along with Indian cities, it flies to many foreign destinations which include Kuwait, Singapore, Oman, UAE, Qatar, Bahrain, Thailand, Singapore, Malaysia, and Myanmar besides Pakistan, Afghanistan, Nep al, Bangladesh, Sri Lanka and Maldives. Indian Airlines Flight free run over the Indian skies ended with the entry of private carriers after the liberalization of the Indian economy in the early 1990s when many private airlines like Jet Airways, Air Sahara, East-West Airlines and ModiLuft entered the fray. The entry of low-cost airlines like Air Deccan, Kingfisher Airlines and Spice Jet has revolutionized the Indian aviation scenario. Indian has been a pioneer in the aviation scene in India. It was the first airline in India to introduce the wide-bodied A300 aircraft on the domestic network, the fly-by-wire A320, walk in flights and easy fares. It flies to 76 destinations 58 within India and 18 abroad. It has a total employee strength of around 19,300 employees along with Alliance Air and carries over 7.5 million passengers annually, along with Alliance Air. The main base of the Indian airlines are Chatrapati Shivaji International Airport, Mumbai; Indira Gandhi International Airport, Delhi; Netaji Subhash Chandra Bose International Airport, Kolkata; Chennai International Airport, Chenna i. After being granted permission from the Government of India, on 15 July 2007, Indian Airlines and Air India merged and started to operate as a single entity. Post-merger the new airline will be renamed as Air India. This new airline is also a member of the Star Alliance, the largest airline alliance. The government allowed the formation of a few new limited service airlines in the 1970s: Air Works India, Huns Air, and Golden sun Aviation. None of them had long life spans. Around 1979, IAC dropped the word Corporation from its name. Britains Financial Times described Indian Airlines as the worlds third largest domestic carrier in the mid-1980s. With business growing at better than ten percent a year, it was increasing its capacity as part of a plan to merge Indian Airlines with Air-India, the states international carrier, two leading young industrialists were appointed to chair the boards of the two companies in autumn 1986. Neither these plans nor the new chairmen lasted very long. In 1987, Indian Airlines carried 10 million passengers and earned a profit of Rs630 million ($48 million). However, the quality of its service was facing criticism, to be heightened by the coming entry of new carriers into the market. Amalgamation of Air India Limited and Indian Airlines Limited with National Aviation Company of India Limited The Government of India, on 1 March 2007, approved the merger of Air India and Indian Airlines. Consequent to the above, a new Company viz National Aviation Company of India Limited (NACIL) was incorporated under the Companies Act, 1956 on 30 March 2007 with its Registered Office at Airlines House, 113 Gurudwara Rakabganj Road, New Delhi. The Certificate to Commence Business was obtained on 14 May 2007. SCHEME OF AMALGAMATION UNDER SECTIONS 391-394 OF THE COMPANIES ACT 1956 For the amalgamation of AIR INDIA Ltd. (Transferor No 1 Company) and INDIAN AIRLINES Ltd. (Transferor No 2 Company) with NATIONAL AVIATION COMPANY of India ltd. (Transferee Company) whereas, National Aviation Company of India Limited (the Transferee Company) is a Company incorporated under the Companies Act 1956, having its registered office at Airlines House, 113 Gurudwara Rakabganj Road, New Delhi 110 001. National Aviation Company of India Limited is a Government Company within the meaning of Section 617 of the Companies Act, 1956 and is under the administrative control of the Ministry of Civil Aviation. National Aviation Company of India Limited has been established as a Government Company to be engaged in the business as an airline for providing air transport and allied services. This Scheme proposes the amalgamation of AI and IA in the Transferee Company, which would result in consolidation of the business of all in one entity (i.e. National Aviation Company of India Limited, the Transferee Company). (a) The Scheme proposes to amalgamate each of the Transferor Companies (viz AI and IA ) with the Transferee Company (viz. National Aviation Company of India Limited). SHARE CAPITAL 2.1.1 As per the latest audited accounts on March 31, 2006 the capital structure of the Transferor Companies is as under: A. Transferor Company No 1 AIR INDIA AUTHORIZED SHARE CAPITAL AMOUNT 42, 56, 36,820 Equity Shares of Rs. 10 each Rs. 425, 66, 38,200/- 74, 36,318 Redeemable Preference Shares Rs. 100 each Rs. 74, 36, 31,800/- Total Rs. 500, 00, 00,000/- ISSUED, SUBSCRIBED PAID-UP SHARE CAPITAL AMOUNT 15, 38, 36,427 Equity shares of Rs. 10 each fully paid Rs. 153, 83, 64,270/- As on April 1, 2007 the Authorized Capital, the Issued, Subscribed and Paid up Share Capital of AI remains the same. B. Transferor Company No 2 INDIAN AIRLINES AUTHORIZED SHARE CAPITAL AMOUNT 94, 99, 58,200 Equity Shares of Rs. 10 each Rs. 949, 95, 82,000/- 50, 04,180 Redeemable Preference Shares Rs.100 each Rs. 50, 04, 18,000/- Total Rs. 1000, 00, 00,000/- ISSUED, SUBSCRIBED PAID-UP SHARE CAPITAL AMOUNT 43, 21, 36,489 Equity shares of Rs. 10 each fully paid Rs. 432, 13, 64,890/- As on April 1, 2007 the Authorized Capital, the Issued Subscribed and Paid up Share Capital of IA remains the same As on April 1, 2007 the capital structure of the Transferee Company is as under: Transferee Company National Aviation Company of India Limited (NACIL) AUTHORIZED SHARE CAPITAL AMOUNT 50,000 Equity Shares of Rs. 10 each Rs. 5, 00,000/- ISSUED, SUBSCRIBED PAID-UP SHARE CAPITAL AMOUNT 50,000 Equity Shares of Rs. 10 each Rs. 5, 00,000/- Transfer of Assets With effect from the Appointed Date and upon the Scheme becoming effective, the Transferor Companies shall be transferred to and be vested in and/or be deemed to have been transferred to and be vested in and managed by the Transferee Company, as a going concern, without any further deed or act, together with all its properties, assets, rights, benefits and interest therein, subject to existing charges thereon in favor of banks and financial institutions or otherwise, as the case may be and as may be modified by them, subject to the provisions of this Scheme, in accordance with Sections 391-394 of the Act and all other applicable provisions of law, if any. Without prejudice to Clause 3.1 above in respect of such of the assets of the Transferor Companies as are movable in nature or intangible property or are otherwise capable of transfer by manual delivery or by endorsement and delivery including plant, aircraft, machinery and equipments, the same shall be so transferred or shall be deemed to be so transferred to the Transferee Company and shall upon such transfer become the property and an integral part of the Transferee Company. In respect of such of the said assets other than those referred hereinabove, the same shall, without any further act, instrument or deed, be vested in and/ or be deemed to be vested in the Transferee Company in accordance with the provisions of Section 394 of the Act. Transfer of Liabilities (a) With effect from the Appointed Date and upon the Scheme becoming effective, all debts, liabilities, duties and obligations, secured or unsecured, and whether or not provided for in the books of accounts of the Transferor Companies, whether disclosed or undisclosed in the balance sheet, shall be the debts, liabilities, duties and obligations of the Transferee Company and the Transferee Company undertakes to meet, discharge and satisfy the same. (b) Where any of the liabilities and obligations attributed to the Transferor Companies on the Appointed Date has been discharged by the Transferor Companies after the Appointed Date and prior to the Effective Date, such discharge shall be deemed to have been for and on behalf of the Transferee Company. All loans raised and used and liabilities incurred by the Transferor Companies after the Appointed Date but before the Effective Date for operations of the Transferor Companies shall be loans and liabilities of the Transferee Company. Any guarantee/letter of comfort/commitment letter given by the Government or any agency or bank in favor of the Transferor Companies with regard to any loan or lease finance shall continue to be operative in relation to the Transferee Company Contracts, Deeds, Approvals, Exemptions etc (a) With effect from the Appointed Date and upon the Scheme becoming effective, all contracts, deeds, bonds, agreements, schemes arrangements, insurance policies, indemnities, guarantees and other instruments of whatsoever nature in relation to the Transferor Companies, or to the benefit of which the Transferor Companies may be eligible, and which are subsisting or having effect immediately before the Effective Date, shall be in full force and effect on or against or in favor of the Transferee Company and may be enforced as fully and effectually as if, instead of the Transferor Companies, the Transferee Company had been a party or beneficiary or oblige thereto. (b) With effect from the Appointed Date and upon the Scheme becoming effective, all rights and licenses relating to trademarks, know-how, technical know-how, trade names, descriptions, trading style, franchises, labels, label designs, logos, emblems, and items of such nature, color schemes, utility models, holograms, bar codes, designs, patents, copyrights, privileges and any rights, title or interest in intellectual property rights in relation to the Transferor Companies to which the Transferor Companies are a party or to the benefit of which the Transferor Companies may be entitled /eligible shall be in full force and effect on, or against, or in favor of, the Transferee Company as the case may be, and may be enforced as fully and effectually as if, instead of the Transferor Companies, the Transferee Company had been a party or beneficiary or oblige thereto. (c)The Transferee Company shall be entitled to the benefit of all insurance policies which have been issued in respect of the Transferor Companies and the name of the Transferee Company shall be substituted as Insured in the policies as if the Transferee Company was initially a party (d) With effect from the Appointed Date and upon the Scheme becoming effective the Transferee Company shall replace the Transferor Companies in the respective Air Services Agreements as the designated carrier of India. With effect from the Appointed Date and upon the Scheme becoming effective, all permits including operating permits, quotas, rights, entitlements, licenses including those relating to tenancies, time slots (including those at foreign airports trademarks, patents, copy rights, privileges, powers, facilities of every kind and description of whatsoever nature in relation to the Transferor Companies, including specifically ,licenses and permits for operating as airlines and carriers of passengers, cargo and mail ,and all rights relating thereto to the benefit of which the Transferor Companies may be eligible and which are subsisting or having effect immediately before the Effective Date, shall be and remain in full force and effect in favor of or against the Transferee Company, and may be enforced fully and effectually as if, instead of the Transferor Companies, the Transferee Company had been a beneficiary or oblige thereto. With effect from the Appointed Date and upon the Scheme becoming effective, any statutory licenses, permissions, approvals, exemption schemes, or consents required to carry on operations in the Transferor Companies, respectively, shall stand vested in or transferred to the Transferee Company without any further act or deed, and shall be appropriately mutated by the statutory authorities concerned therewith in favor of the Transferee Company. The benefit of all statutory and regulatory permissions, licenses, environmental approvals and consents including the statutory licenses, permissions or approvals or consents required to carry on the operations of the Transferor Companies shall vest in and become available to the Transferee Company pursuant to the Scheme. The Transferee Company, at any time after the Scheme becoming effective in accordance with the provisions hereof, if so required under any law or otherwise, will execute deeds of confirmation or other writings or arrangements with any party to any contract or arrangement in relation to the Transferor Companies to which the Transferor Companies are a party in order to give formal effect to the above provisions. The Transferee Company shall, under the provisions of this Scheme, be deemed to be authorized to execute any such writings on behalf of the Transferor Companies and to carry out or perform all such formalities or compliances, referred to above, on behalf of the Transferor Companies. Reasons of Merger Merger of the Transferor Companies with the Transferee Company, along with a comprehensive transformation program, is imperative to improve competitiveness. It will provide an opportunity to leverage combined assets and capital better and build a stronger sustainable business. Specifically, the merger will Create the largest airline in India and comparable to other airlines in Asia. The merger between the two state-run carriers will see the beginning of the process of consolidation in the Indian aviation space the fastest growing in the world followed by China, Indonesia and Thailand. Provide an Integrated international/ domestic footprint which will significantly enhance customer proposition and allow easy entry into one of the three global airline alliances, mostly Star Alliance with global consortium of 21 airlines. Enable optimal utilization of existing resources through improvement in load factors and yields on commonly serviced routes as well as deploy freed up aircraft capacity on alternate routes. The merger had created a mega company with combined revenue of Rs 150 billion ($3.7billion) and an estimated fleet size of 150. It had a diverse mix of aircraft for short and long haul resulting in better fleet utilization. Provide an opportunity to fully leverage strong assets, capabilities and infrastructure. Provide an opportunity to leverage skilled and experienced manpower available with both  the Transferor Companies to the optimum potential. Provide a larger and growth oriented company for the people and the same shall be in  larger public interest. Potential to launch high growth profitability businesses (Ground Handling Services,  Maintenance Repair and Overhaul etc.) Provide maximum flexibility to achieve financial and capital restructuring through  revaluation of assets. Provide an increased thrust and focus on airline support businesses. Economies of scale enabled routes rationalization and elimination of route duplication. This resulted in a saving of Rs1.86 billion, ($0.04 billion) and the new airlines will be offering more competitive fares, flying seven different types of aircraft and thus being more versatile and utilizing assets like real estate, human resources and aircraft better. However the merger had also brought close to $10 billion (Rs 440 billion) of debt. The new entity was in a better position to bargain while buying fuel, spares and other materials. There were also major operational benefits as between the two they occupied a large number of parking bays and hangers, facilities which were usually in acute short supply, at several large airports in the country. This worked out to be a major advantage to plan new flights at most convenient times. Traffic rights The protectionism enjoyed by the national carriers with regard to the traffic right entitlements is likely to continue even after the merger. This will ensure that the merged Airlines will have enough scope for continued expansion, necessitated due to their combined fleet strength. The protectionism on traffic rights have another angle, which is aimed at ensuring higher intrinsic value , since the Government is likely to divest certain percentage of its holding in the near future. Revenue synergies will be driven by integration of the complementary networks of the Transferor Companies. Cost and capital productivity synergies will be driven by opportunities for leveraging economies of scale and opportunities for rationalizing overlapping facilities and infrastructure. In addition to these synergies, the amalgamation will also provide an opportunity to initiate a comprehensive transformation program to improve the overall competitiveness of the merged airline i.e. the Transferee Company. This, while improving the financial position would help position and equip the merged entity to better face the current and future challenges arising out of intense competition and declining industry profitability. In furtherance of the aforesaid, this Scheme of amalgamation provides for the transfer and vesting of all the undertakings, properties, assets and liabilities of each of the Transferor Companies to and in the Transferee Company. Post-Merger Scenario -Revenue performance of NACIL (Source: Magic Carpet Official Magazine of AIR INDIA) Integration is incomplete Accenture, the consultant that inked the blueprint of Air India-Indian merger in 2006, had advised the Centre to integrate 748 officials up to the level of deputy general manager (DGM) within nine months of the Cabinet clearance, to ensure that the merger pays off. Twenty-five months later, NACIL has been able to integrate 44 officials up to the level of executive director (ED), according to two board members of NACIL. Hit by recession NACIL, like other air carriers, is hit hard by the slowdown crimping passenger and cargo traffic. Air passenger traffic fell for the seventh month in a row by 11 per cent year-on-year in January 2009. In that month, NACILs load factor, the number of tickets sold in proportion to the total number of available seats, was the lowest (domestically) at 60.2 per cent. The core cost drivers including line maintenance, ground handling, terminal services, flight operations/ dispatches and ticket sales should have been merged first for synergies to translate into actual benefits. NACILs employee-to-aircraft ratio, a gauge of efficiency, is the highest among its peers at 222:1 (the global average is 150:1), resulting in a surplus employee strength of almost 10,000. The wage bill of the merged company, which was 23 per cent of total expenditure at the time of incorporation, is expected to rise sharply due to a grade re-alignment. Fleet Expansion NACILs fleet expansion seems out of sync with the times, as most airlines are actually rounding their fleet and cancelling orders for new planes. While other Indian airlines have withdrawn over a third of their aircraft orders slated for delivery in 2009, NACIL plans to induct 30 aircraft in this fiscal and another 45 by March-end 2012. This means NACIL would face a wall of debt going forward. A NACIL board member informed that the companys total debt in the medium term is estimated at Rs 79,000 crore. It will need Rs 44,000 crore for plane purchases. It has Rs 22,000 crore in long term loans and another Rs 13,000 crore as working capital loans, he said. Mutual Distrust and strong unions The distrust between the two sides of Air India and Indian Airlines is almost palpable. For sure, many jobs will become redundant when functions are unified. Many of those appointed are from Indian Airlines, fuelling resentment among Air India employees. Integration has become a tightrope walk for the management. Strong opposition from unions against managements cost- cutting decisions through their salaries have led to strikes by the employees/ Increased Competition The flux at the top has led to delays in decision-making at a time when demand for air travel has dropped around 8-10% over the last year and competition has heated up in the sector. The national carriers domestic market share has been under pressure ever since budget carriers and new private airlines took wing. Air Indias domestic market share dropped from 19.8% in August 2007, when the merger took place, to 13.9% in January 2008 before rising to 17.2% in February 2009. Lower load factor Though the overall operating performance has been steady, Air India passenger load factor of 63.2%, which was the companys record, lags the industry average of 75% in 2006-07.The load factor difference is even greater when compared to other low fares carriers such as Air Deccan. The companys load factor is decreasing year by year, in 2005- 06 load factor is 66.2% which is more than present load factor. Air India load factor is likely to be low because of the much higher frequency operated on each route. Lower load factor could decrease the companys margins. Conclusion The merger of Air India and Indian is the most significant recent development for Indias aviation sector. Managed correctly, the combined entity has huge potential as the largest airline in one of the worlds largest and fastest growing economies. Global alliances will be attracted by its extensive network in an untapped part of the world (and indeed Star Alliance is due to vote on Air Indias membership later this week). However, the complexity of overseeing a merger taking place against such a challenging environment cannot be overstated, albeit there was no other option. Ultimately, Air India will need to be privatized over the next 3-5 years to introduce commercial disciplines. A partial IPO, scheduled for 2008/09 would be the first step, although the value that can be achieved will be highly dependent on the results from the integration process over the next 12-18 months. A Heavily debt-laden ledger will not make that process easy, unless profitability is strong. Introducing a strategic partner would ideally precede this first step, but would probably follow. Yet an Indian partner might raise competition concerns, and an overseas partner would require changes in the regulations which currently prohibit foreign airlines from holding a stake in Indian carriers. If Air India can successfully navigate through the next couple of years, it has the potential to become a major Asian airline, but 2008 will be critical.

Tag-derived Simple Sequence Repeat Markers of Olive

Tag-derived Simple Sequence Repeat Markers of Olive Identification and functional annotation of expressed sequence Tag-Derived Simple Sequence Repeat Markers of olive (Olea europaea) Olive tree (Olea europaea L.) is one of the most important oil producing crops in world, the genetic identification of several genotypes by using molecular markers is the first step in breeding programs. A large number of Olea europaea expressed sequence tags (ESTs) 11,215 were done from the NCBI database and used to search for microsatellites. Our result Explained that 8295 SSRs were present and its percentage of occurrence which about 77.6%,11.84%,8.62%,0.84%,0.77% and 0.29% for Mononucleotide, trinucleotide, dinucleotide, hexanucleotide, pentanucleotide and tetranucleotide respectively. The appearance of the AAG/CTT repeat was highly percentage in trinucleotide and percentage of AG/CT was highly in dinucleotide repeats. By using flanking region of SSRs repeat we designed 1,801 EST-SSR primer pairs. The result obtained from Functional annotation of olive EST sequences containing SSRs indicated that 81% of these sequence having homology with known proteins, while 1.55% was homologou s to hypothetical or unknown proteins and the 17.37% sequences did not possess homology with any known proteins. Gene Ontology and Kyoto Encyclopedia of Genes and Genomes (KEGG) annotation revealed that EST containing SSRs were implicated in diverse biological process include cellular and metabolic process, while in molecular function includes catalytic activity, binding and enzyme regulator activity. A total of 93 different pathways were significant matches in the KEGG database, which divided onto Carbohydrate metabolism such as glycolysis/gluconeogenesis pathway and the Energy metabolism such as Carbon fixation in photosynthetic organism pathway, also this included 11 different pathways from Lipid metabolism such as Fatty acid biosynthesis pathway. We isolate a genomic DNA from 9 olive cultivars and tested with 25 random selected primer pairs for amplification and polymorphism detection. All tested primers, exhibited successfully amplified and detected polymorphism. Olive tree (Olea europaea L.) is one of the most superannuated and important long lived fruit species in Mediterranean [1], its diploid species (2n = 2x = 46), and the genome size range between 2.90 pg/2C and 3.07 pg/2C, with 1C = 1,400 1,500 Mbp [2]. Olea europaea is one of the first domesticated crops from Oleaceae family, and it cultivated for table olives and edible oil [3], a long history of olive cultivation in the Middle East was descriptions by archaeology and botanists [4]. The olive cultivars are high of number that more than 1200 cultivars [5], also the accessions are available in a large numbers in olive producing countries, that occurrence a problems for germplasm preservation and it management [6]. The genetic identification and characterizing of several genotypes by using molecular markers is the first step in breeding programs [7], and by increased rate of mutation in microsatellites repeats that show a highly level of length polymorphism [8]. With the improvement and increasing of DNA sequencing technology, sequencing of expressed gene are used to obtain a large collection of EST which are isolated from a specific tissue and stage on organism [3]. Recent EST-SSR studies have reported that the EST is uses a source of SSRs and that reveal highly polymorphism [9]. EST sequences Available in public database and by using bioinformatics tools can determine and development of SSR markers in that EST sequences [10]. In olive that can be allow to development of new functional marker and use it in molecular breeding [11]. Also it can use as useful tools for gene and marker discovery, gene mapping and functional comparative studies. EST-SSRs recently reported in several plant species, such as Musa [12], Finger Millet [13], Jatropha Curcas [14], Pineapple [15], Celery [16], Lettuce [17], Barley [18], Radish [19], Citrus [20], Watermelon [21], Sugarcane [22], grapes [23], Cereal species [24] and bread wheat [25]. A large number of EST sequences in olive are available on database it can be a useful resource to develop gene based markers. The aim of this study was to use bioinformatics tools to develop and identify a new genic marker EST-SSR in Olive, to compare the frequency and distribution of different repeat types in genic sequences. Also determine the localization of these primers in different pathways in plant, to use it as tools to differences between the olive cultivars. The Source of Sequence, screening and primer designing of microsatellites. EST database used a source of olive EST sequences from NCBI (http://www.ncbi.nlm.nih.gov). A total of 11,215 ESTs sequences of Olea europaea are available and used in this study. Identification of SSRs by using the perl script MISA (MIcroSAtellite identification tool; http://pgrc.ipk-gatersleben.de/misa/).The criteria used to determine SSR repeat were: mononucleotide ≠¥ 10, dinucleotide ≠¥ 6, trinucleotide, tetranucleotide, pentanucleotide, and hexanucleotide ≠¥ 5, and the maximal number of bases interrupting two SSRs in a compound microsatellite are 100 bp. The flanking region of SSR motifs used to design SSR primers by using primer3_core [26]. The parameters used were: optimum length of primer 20 nucleotides, optimum annealing temperature (Tm) of 58 °C, expected amplified products size of 100-500 bp and optimum G/C content 50 %. Validation of designed primer For primer validation, we designed 25 EST-SSR primers and test these primers on 9 olive cultivars. Total genomic DNA was extracted from olive leaves using Plant Genomic DNA Kit (QiGen). PCR amplification was conducted in 25  µ l reactions containing 50 ng of template DNA, 2.5 mM MgCl2, 5  µ l 5X PCR buffer, 0.5 mM each primer, 0.5 U Taq DNA polymerase, and 2.5 mM dNTPs. The PCR cycling profile was 94 °C for 5 min, 35 cycles at 94 °C for 45 s, the optimum annealing temperature for each primer pair shown on (Table S1) for 50 s, 72 °C for 45 s, and a final extension at 72 °C for 10 min. The quality of the PCR product was checked by mixing it with an equal volume of loading buffer and then visualizing the band on a 1.5% agarose gel in TBE buffer at 100 W for 120 min. Identification of EST-SSRs Putative Function annotation The putative function annotation of EST sequences contains SSR performed by used Blast2go program [27] to BLAST against a reference database. Also blast2go program are containing many features such as Gene Ontology (GO), Enzyme Commission (EC), and KEGG annotation. Distribution of various repeat type in olive Our result referred to 4,088 EST sequences about 36.45% from 11,215 of Olea europaea EST sequences as containing 8,295 various motif SSRs that Due to the EST sequences maybe contain more than one SSR motif (Table 1), and this number based on the criteria we used it to identify SSR motifs in the EST sequence. The investigation of different types of SSR repeats in our result showed that the highest percentage of appearance mononucleotide repeats were 77.64%, followed by trinucleotide 11.84%, dinucleotide 8.62%, hexanucleotide 0.84%, pentanucleotide 0.77% and tetranucleotide 0.29% (Fig. 1). The higher abundant of trinucleotide in coding regions were consistent with the previous studies in eukaryotic genomes [28, 31]. In mononucleotide A/T repeats 88.8% were higher than the G/C 11.2% motifs, and these results were proportionate with SSRs analysis of chloroplast SSRs on Olea species [29] and with SSRs analysis of major cereal organelle genome [28]. GA motifs were representing 55% from dinucleotide motifs in olive EST sequences. According to previously studies from foxtail millet [31], barley, maize, rice, sorghum and wheat [30], GA motifs were the most abundant motifs in these crops. AG/CT and GA/TC motifs were the most frequent respectively and CG motifs the lowest frequencies were found in olive, this case reported in the distribution of microsatellites on three different plant families that Brassicaceae, Solanaceae and Poaceae [32]. Dinucleotide motif can represent to multiple codons that depending on the reading frame and can translate into different amino acids such as, AG/CT motif can represent AGA, GAG, CUC and UCU codons in mRNA and translate into the amino acids Glu, Arg, Leu and Ala respe ctively, Ala and Leu were present in protein at higher frequencies, hence the higher incidence of GA, CT motifs in the EST sequences [33]. This could be one of the reasons why GA, CT motifs are present at such highly appearance in EST collections [34], dinucleotide repeats that located on coding regions are more sensitive to any change such as any addition or deletion because that causes a frame shifts and will give different amino acids [35]. As for trinucleotide TCT, TTC were the most common repeat motif in olive EST (Table 2), While AAG/CTT motifs were the most common in chloroplast of Olea species SSRs [29], however, in other crops such as barley, maize, rice, sorghum and wheat CCG or AAC were the most common trinucleotide repeat [30]. Our results revealed that tetranucleotide motifs AATC, CTTT are the most common; however the most common in Olea species SSRs chloroplast were AAAG, CTTT [29]. Pentanucleotide and hexanucleotide AAAAT and GAAAAA respectively are the most common repeat motif in our results while [29] found AATCC was the most common on pentanucleotide in Olea species SSRs chloroplast and hexanucleotide was not found. Design and validate of EST-SSR In this study, we designed 1,801 PCR primer pairs from the 8295 SSR motifs of Olea europaea EST, The designed primers were referred as Oe-ESSR_xxxx, where Oe-ESSR referred to Olea europaea EST SSR, xxxx was referred the number of EST-SSR from 1-1801 and that different of the previously SSR primers designed from chloroplast sequences of Olea species [29]. This primers were listed in the (Table S1), and provide with all information related it such as Primer name, GenInfo Identifier gi number of EST sequence, Repeat type, Repeat Sequence, Length of Repeat, Repeat start on sequence, Repeat end on sequence, Forward and Reveres Primer, Tm ( °C), Length of Primer (bp), product Length (bp), sequence of EST, Sequence Description, gene ontology, Enzyme code and Enzyme Name. We use a sample of 25 primers randomly from these 1,801 EST-SSR primers to validate it by using a genomic DNA isolated from 9 olive cultivars. All tested primers, exhibited successfully amplified and detected polymorphism (Fig. 2). Putative Function annotation of EST-SSRs The putative function annotation of the EST sequences containing SSR performed by used Blast2go program [27]. According to the Blast2go result, 81% from EST sequence as homology with known proteins, while hypothetical or unknown proteins were 1.55%, and 17.37% of this EST sequences did not homology with any known proteins. The gene ontology of olive EST sequences containing SSRs using Blast2GO revealed that in the biological processes, the highly appearance of SSR were involved in cellular processes, metabolic, response to stimulus, biological regulation and developmental process, while Signaling, rhythmic processes and growth had the lowest SSR contents among these EST. The molecular function category includes catalytic activity and binding, while cell membrane and organelle were assigned in the cellular component category (Fig. 3). The Similar results were found on functional annotation of the citrus and date palm EST sequences containing SSRs [20, 36]. Our results agreement with t he similar results obtained in [20] which suggested that genes were involved in protein metabolism and biosynthesis were well conserved in plants. Functional classification by KEGG pathway analyses The KEGG Pathway analysis is useful tool to understand the molecular interaction and biological functions [37]. Our study exhibited a total of 93 different pathways include 253 enzymes target by 381 EST-SSR primers were significant matches in the KEGG database (Table S2), this data can Visualization by using circos software [38] (fig. 4). The higher occurrence of SSR on pathways indicated a good potential for using these molecular markers to targeting the enzyme related to the trait subjected in our study. This EST sequences contain SSR were categorized into metabolism, as well as its subcategories, including lipid metabolism (Table 3), carbohydrate metabolism, energy metabolism, amino acid metabolism, nucleotide metabolism and metabolism of cofactors and vitamins. In details, the mapping result can further investigated against the glycolysis/gluconeogenesis (Fig. 5), Oxidative phosphorylation (Fig. 6) and Fatty acid degradation (Fig. 7) pathways as an example of Carbohydrate metabolism, Energy metabolism and Lipid metabolism respectively. Conclusion SSR markers are very important because it is co-dominant, highly polymorphic and can generate from functional regions of the genome. EST-SSR technique have the potential to generate phenotypically linked functional markers and a useful tool can use on genetic diversity, marker assisted selection and genome mapping in olive. This study exhibited the functional categorization of olive EST sequences containing SSR revealed that these ESTs representing in genes with cellular component, biological process and molecular function. This EST-SSR primers also providing with useful information to understand the biological functions and genes interactions according to the localization of this primers in different pathways related to possible phenotypic differences between the olive cultivars. References Gaby E, Mbanjo N, Tchoumbougnang F, Mouelle AS, Oben JE, Nyine M, et al. Development of expressed sequence tags-simple sequence repeats ( EST-SSRs ) for Musa and their applicability in authentication of a Musa breeding population. Afr J Biotechnol. 2012;11(71):13546–59. Naga BLRI, Mangamoori LN, Subramanyam S. Identification and characterization of EST-SSRs in finger millet (Eleusine coracana (L.) Gaertn.). J Crop Sci Biotechnol. 2012;15(10):9–16. Wen M, Wang H, Xia Z, Zou M, Lu C, Wang W. 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Using Language to Describe Allegorical Figures Essay -- John Milton Ed

Using Language to Describe Allegorical Figures Milton and Spenser are both describing awful situations in their relative poems, Milton concentrating on an empty existence, filled with gloom and despair; in fact the very description is of gloom and despair, whilst Milton is describing an encounter with the gates of hell itself, and indeed two terrible creatures, causing an atmosphere of pure and utter evil flocculated with horror. Milton's language suggests ultimate evil, words that over centuries have been distorted to lessen their original dramatic meaning. We casually use words like "terrible," when describing the weather. In Milton's poem, words like "terrible" exist; to talk about unimaginable terror filled situations. When Milton uses the phrase "terrible as hell," he is saying it is so terrible; it is beyond any humans' comprehension. To create horror, Milton uses dark words to build up evil imagery, e.g. "fierce as ten furies, terrible as hell." Using these extreme adjectives consecutively, it is as if we can picture the beast growing as the description continues. Another thing that helps illustrate the mental picture of the scene is the introduction of shadow and darkness: "Black it stood as night." This darkness also adds to Milton's description of the shapeless blob-like figure. Shapeless blob does not do Milton's description justice. It is a dark, evil figure, both striding and gliding towards you, almost as if it has no fixed shape and thus could envelop you entirely. The uncertainty regarding whether it is gas like shadow or gooey substance also increases the fear, the unknown, and the unimaginable. Milton uses many evil comparisons and similes, so, should the adjectives fail to gi... ...egard to the man, Spenser tries to emphasize everything about him is low status. In Spenser's mind, the man is dirty, in the extreme sense of the word. Spenser portrays this when he says "low sitting on the ground" This also shows Spenser associates this figure with being low, soulless bound to the ground forever. He has "greesie locks," which is "long growen an unbound"; which put together means the man is extremely filthy and unhygienic, as he has not washed, cleaned or groomed himself. Spenser ends describing a dead person, bringing new filth and hopeless despair into the atmosphere. The "drearie coarse," which was "all wallowed in his own yet luke-warme blood," the thought of the "rusty," knife, is also disgusting, because the rust would cause a heavy infection should the victim recover causing even more suffering; no chance for recovery, despair.

Religion and its Impact on the Life of Man of Today :: Religion

Religion and its impact on the life of the man of today Jamalpour believes, It is very difficult to define the religion, each group of people have a specific definition and beliefs about that. But people believe that religion makes a better life and makes the world a better place to live. With the help of religion people will respect to the costumes and traditions, nobody will be disappointed, the life has a meaning. So many kinds of religions until today have found, but it?s impossible to say which one is helpful or has a positive impact on man. From the beginning of life there was a power that keeps human away from darkness, this power in all societies and cultures effect the life of that community, the beliefs that there are always wars between light and darkness, the stories about God and evil, cause people to accept the orders that were brought by some messengers that called religion. Some say that religion cause man to believe in a super power that control their lives and the world, every thing, every action is under the control of this power, who knows what is this power? The next group, who think religion cause people to believe in myth and superstition, are against the religion and religious thoughts. They consider religion as an obstacle to human?s development, as a limitation for free life. Even some of them don?t believe in God, they consider the world as a machine which works according to special rules, they say every thing in this world is mortal, there is no life after death, so they try to seize the days in this world and experience all the pleasures. More than that is mentioned here, there are groups or better to say countries that although they don?t believe in religion, but use it in order to reach to their benefits, the play with people, they deceive people with wrong beliefs, different governments in different eras, killed, destroyed, and punished innocent people just because they don?t heed to their religions.

Earning a college Degree Worth it Essay

Colleges across the United of America are filled with students willing to obtain college degrees. Students usually work hard to earn their college degrees beside the high cost of tuition; they are committed to their education and make extreme sacrifices. But is earning college degrees worth the effort? For many, earning college degrees are opportunities for a life changing situations, employment security, and a great sense of self accomplishment. College degrees are the shortest path to life changing situations for individuals who earn them. For example, individuals with college degrees are more likely to find jobs in accordance with their fields of studies. In addition, their jobs are often less physical and more cerebral. In the workplace, they are usually treated with fairness, and their wages increase steadily. Finally, people with college degrees can enjoy the privilege of job flexibility. To illustrate, those who majors in computer or business might work in the comfort of their homes as software developer, business analyst which jobs allow them flexible scheduling with great wages to combine with family plans. For example, they have more time for cruising, enjoying family getaway weekends, and even biking in rural town. In addition to, experiencing life changing situations, individuals with college degrees have greater chances of employment security. To illustrate, during recession they are less likely to be laid off for several reasons. First of all, they are great assets to companies that will do mostly whatever is necessary to keep them. Next, when individuals with college degrees are searching for employment, they usually do not have to wait long to be recruited by companies mostly because they are skillful and talented. Finally, individuals with college degrees in the workplace are less likely to be fired because they are contractual. They are generally hired on a salary basis with full advantages such as, health insurance and 41k. Most people with college degrees enjoy relative peace and security related to their employment. Finally, people who go to college or university to obtain college degrees of any kind ,experience great sense of self –accomplishment that will reflect on themselves. First, they are proud of themselves for what they have accomplished or overcome to be where they are. Secondly, people with college degrees are treated with respect on their job and that respect follow them even in their homes. Their social status might change totally in a way that they couldn’t imagine four to five years before. When management want to give promotion, people with college degrees are the first ones to enjoy those promotions mostly because they are well prepared. Individuals with college degrees have opportunities to invest in real state, buy fancy cars, and even invest in stock market. Individuals with college degrees can see a brighter future for themselves and families. It is obvious that college degrees bring pride, self-esteem, appreciation, and feelings of well-being for individuals who earn them. To conclude, along with many others, life changing situations, employment security, and a great sense of self-accomplishment are the direct consequences of earning a college education. Naturally, some might argue that college degrees do not worth all the sacrifices. It is widely known that education is a mean to empower individuals to become active participants in the transformation of their society. Every one of us has a role to play to better our life and society. People need to be prepared and get themselves a good education which is the key for a successful life. Indeed, college degrees do worth the effort, sacrifices, and the cost.