Sunday, December 29, 2019
Joe Louis Essay - 725 Words
Joe Louis Joe Louis was born in Alabama on May 13, 1914. He was the son of an Alabama sharecropper, the great grandson of a slave, and the great great grandson of a white slave owner. Joe Louis moved to Detroit as a youngster with his mother. He was the first African American ever to achieve lasting fame and star status in the 20th Century. He did so with boxing, he would capture the hearts of millions of Americans, both white and black. This was a time when blacks were being discriminated against, the military was segregated, blacks were not allowed to play Major League Baseball. When he started boxing early in the 1930s hero worship was not achievable in any professional sports, there were none that were ableâ⬠¦show more contentâ⬠¦Louis war-time patriotism in a racially divided country made him a symbol of national unity and purpose. Twice he donated his winnings to the military relief funds. He advertised himself even more tot he American Public when he said the U.S. would win World War 2 because were on Gods side. In front of 70,000 screaming fans at Yankee Stadium, Louis pulverized the Aryan figurehead, knocking him to the floor 3 times. Two years of waiting ended in a quick 124 second knockout of Scheming Due to that fight, Louis had crossed the line from champion to idol as Americans of all color and race celebrated frantically. In 1942 he would join the U.S. Army, during the hard times of World War 2. During this time he fought close to 100 exhibitions before some 2 million servicemen. After the war, he knocked out Billy Conn again, and won three other fights, including two with Jersey Joe Walcott, before abdicating his title, and retiring. However, because he needed money to pay back taxes, he returned to boxing. After not fighting for two years, he lost a one sided-decision to his successor as champ, Ezzard Charles, in 1950. He then retired for good when Rocky Marciano knocked him out in the eighth round in 1951. Louis boxing career earned him close to 5 million dollars, but most of his money was lost due to his extreme generosity. The IRS,Show MoreRelatedA Lesson Before Dying By Ernest Gaines869 Words à |à 4 Pagesother people. The book, A Lesson Before Dying, takes place in Louisiana and is about an innocent Black man convicted and sent to the electric chair. In the story there are real people t hat Ernest Gaines alludes to. Ernest Gaines makes an allusion to Joe Louis and Jackie Robinson. Beside these two, Mamie Till also stepped up and was audacious. They were all fearless and gave hope to many other people because of what they were doing. These heroes took a stand against society and changed the world for everyoneRead MoreMuhammad Ali : The Greatest Boxer859 Words à |à 4 Pagesname for themselves. Within the last twenty years, we witnessed greats such as Floyd Mayweather, Jr., Manny Pacquiao, and Mike Tyson. However, before their time you have individuals that open the doors of opportunity in boxing. Those boxers are Joe Louis, Joe Frazier, George Foreman, and the most popular, Muhammad Ali. Though each man has left their own mark in boxing history, Aliââ¬â¢s story transcends the ring. Besides the great records that Muhammad Ali set as a boxer, he also made headlines for hisRead MorePenn State Scandal - Human Behavior Essay3507 Words à |à 15 PagesSanduskyââ¬â ¢s inappropriate behavior with young boys. It also tainted a highly revered university and led to the firing of its college coach along with other university top officials. This case study will analyze how according to former FBI director Louis Freehââ¬â¢s report the most ââ¬Å"powerful men at Penn State failed to take any steps for 14 years to protect the children Sandusky victimizedâ⬠and ââ¬Å"never demonstrated, through actions or words, any concern for the safety and well-being of Sanduskyââ¬â¢s victimsâ⬠Read MoreThe Legacy Of Penn State1169 Words à |à 5 Pagesyears from 1994 to 2009. Although there were earlier incidents that were discredited and due to statute of limitations, Sandusky eluded those charges. According to a NY Times article and newly released court documents Penn State head football coach Joe Paterno was aware of Sanduskyââ¬â¢s actions and abuse as early as 1976. Unlike how Paterno claimed in trial that he was informed of Sanduskyââ¬â¢s action by assistant coach Mike McQueary in 2001, when McQueary walked in on Sandusky having sexual relations withRead MoreEssay The Effect of Media Bias in America1093 W ords à |à 5 Pageseverything I saw on the election was tainted in favor of the Democrats. On November the Third, 2008, MSNBC claims not to be bias on The Mark Reardon Show St Louis KMOX 1120 AM Radio. Contessa Brewer of MSNBC said ââ¬Å"No were not bias, Thatââ¬â¢s crazy- thatââ¬â¢s crazy talkâ⬠According to Brewer, MSNBC has a program hosted by former Republican Congressman Joe Scarborough, and that absolves the network of having a ââ¬Å"liberal/Biasâ⬠label attached. It makes me think why would one network say we have an ex-republicanRead MoreSandusky Scandal Essay5270 Words à |à 22 Pagesschool officials that contributed to covering up the Sandusky scandal were: Penn State athletic director Tim Curley, senior vice president for finance and business including overseeing the university police Gary Schultz, Penn State football coach, Joe Paterno and university president, Graham Spanier. All four of the elite university officials became informed of Sanduskyâ⠬â¢s sexual misconduct by a graduate assistant Mike McQueary who later became assistant coach to Paterno (Chappell, 2012). After Sanduskyââ¬â¢sRead MoreLouis Armstrong Essay850 Words à |à 4 PagesLouis Armstrong Louis Armstrong was born in New Orleans, Louisiana on August 4, 1901 to Mayanne and William Armstrong. His father abandoned his family during Louis infancy. Louis spent the first years of his life with his grandmother, Josephine Armstrong. After age five, Louis moved back with his mother and his sister, Mama Lucy. The family was forced to live in stark poverty. Louis got into some trouble when he was just 12 years old and was placed in the Waifs Home for Boys. It wasRead MoreImportance of Louis Armstrong1568 Words à |à 7 PagesLouis Armstrong Louis Armstrong was the greatest of all Jazz musicians. Armstrong defined what it was to play Jazz. His amazing technical abilities, the joy and spontaneity, and amazingly quick, inventive musical mind still dominate Jazz to this day. Only Charlie Parker comes close to having as much influence on the history of Jazz as Louis Armstrong did. Like almost all early Jazz musicians, Louis was from New Orleans. He was from a very poor family and was sent to reform school when he was twelveRead MoreLouis Armstrong : The Greatest Jazz Artist1087 Words à |à 5 PagesLouis ââ¬Å"Satchmoâ⬠Armstrong One of the greatest in Jazz music history Louis Armstrong, a man of many talents and skills his occupation ranging from singer, film star, soloist, comedian, bandleader, and most importantly a jazz trumpeter with his thrilling performances; being recognized as one of the greatest jazz artist in history. Louis Armstrong is considered one of the most influential jazz artists capturing the peopleââ¬â¢s attention with his ââ¬Å"daring trumpet style and vocalsâ⬠. Developing his skillsRead MoreLouis Contributions Of The Jazz Music Scene993 Words à |à 4 Pages-Musical Style Louis made many contributions to the evolution of jazz as he learned and adapted his style. His use of harmonies and improvisation was before his time and he helped shape the whole genre as it was evolving. His technique with his trumpet playing and how the sound played off of the other instruments was unparalleled at the time. His contributions and techniques play a large part in changing jazz music from a folksy sound to more of the swing sound we attribute to the genre today. Armstrong
Saturday, December 21, 2019
Exotic Smokes Marketing Strategy Proposal - 1330 Words
Exotic Smokes: Marketing Strategy Proposal TRIAAD Research Group is a full-service marketing research company who has recently acquired a new client, Exotic Smokes Cigarette Company. This company has asked for a proposal conducting an in-depth study of consumer behavior to analyze the market for their new flavored cigarettes, using fruit and candy flavors. The marketing strategy must attract 18 to 25-year-old customers. Exotic Smokes Cigarette Company has allotted a $25 million advertising budget for the product. The purpose of this proposal is to identify successful marketing strategies for flavored cigarette. Schedule The research group is recommending 3-6 months to gather and interpret information concerning the consumer-productâ⬠¦show more contentâ⬠¦12). There are ethical considerations that must be considered when marketing flavored cigarettes. Conflicts present include the known harmful effects of cigarette smoking on oneââ¬â¢s health and the use of flavoring agents in cigarettes. To ensure the impact of smoking cigarettes is continuously communicated, all packaging must include the labeling of known side effects. At minimum, the inclusion of the Surgeon Generalââ¬â¢s warning is recommended. This warning currently notes ââ¬Å"smoking causes lung cancer, heart disease, emphysema, and may complicate pregnancyâ⬠(Healthcare Packaging, 2010). Furthermore, information found on the Flavored Tobacco Product Fact Sheet on the U.S. Food and Drug Administration (FDA) website states that flavored tobacco products are not safe and ââ¬Å"these products, containing flavors like vanilla, orange, chocolate, cherry and coffee, are especially attractive to youth. They are widely considered to be ââ¬Å"starterâ⬠products, establishing smoking habits that can lead to a lifetime of addictionâ⬠(para. 1, 2011). Additionally, a ban implemented in 2009 made it illegal to sale all flavors outside of menthol (Harris, 2009, para. 2). For this reason, it is recommended that flavoring agents be limited to the use of mentholShow MoreRelatedHookah Bar Business Plan5172 Words à |à 21 PagesCowboy HookahTM Business Proposal Executive Summary Cowboy Hookah is a hookah bar concept that will be located in Laramie, WY to serve as an alternative place for customers to relax and enjoy a cultural experience. The focus will be to bring in students from the University of Wyoming and community members as well as young professionals in the area. The bar will be located in downtown Laramie and be managed by a team of four owners. TheRead MoreStrategic Marketing Management337596 Words à |à 1351 PagesStrategic Marketing Management Dedication This book is dedicated to the authorsââ¬â¢ wives ââ¬â Gillian and Rosie ââ¬â and to Ben Gilligan for their support while it was being written. Acknowledgements Our thanks go to Janice Nunn for all the effort that she put in to the preparation of the manuscript. Strategic Marketing Management Planning, implementation and control Third edition Richard M.S. Wilson Emeritus Professor of Business Administration The Business School Loughborough University Read MoreCase Studies67624 Words à |à 271 Pagesand the restructuring of the oil refining industry C-44 Compaq in crisis C-67 Gillette and the menââ¬â¢s wet-shaving market C-76 Incat Tasmaniaââ¬â¢s race for international success: Blue Riband strategies C-95 Kiwi Travel International Airlines Ltd C-105 CASE 8 Beefing up the beefless Mac: McDonaldââ¬â¢s expansion strategies in India: C-120 CASE 9 Nucor Corporation and the US steel industry C-128 CASE 10 Pacific Dunlop: Caught on the half volley C-157 CASE 11 Philip Morris C-173 CASE 12 Pisces GroupRead MoreMonsanto: Better Living Through Genetic Engineering96204 Words à |à 385 Pagesabout attitude ââ¬â make it a real exercise. You have a set of historical facts; use a rigorous system to work out what strategies should be followed. All the cases are about real companies, and one of the entertaining bits of the analysis process is to compare what you have said they should do with what they really have done. So, it is best not to check the Internet to see current strategies until you have completed your analysis. What follows is one analytical system, a fairly tight one that you may wantRead MoreFundamentals of Hrm263904 Words à |à 1056 PagesRobbins San Diego State University San Diego, CA Tenth Edition Contributor Susan L. Verhulst Des Moines Area Community College Ankeny, IA John Wiley Sons, Inc. 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The passage of the last four years, and particularly this year, has seen more solid progress in establishingRead MoreOperational Risk Management50825 Words à |à 204 Pagescalled for a separation of Leesonââ¬â¢s functions which, however, the management knowingly did not implement. In the course of massive losses in Japanese share prices and the Nikkei index due to the Kobe earthquake in January 1995, Leesonââ¬â¢s sham hedging strategy no longer worked and SIMEX issued a further margin call for which Barings London promptly provided funds to Leeson without any further inquiries. But subsequently, SIMEX ordered audits to be performed at BFSââ¬â¢s and Leeson was exposed. This case causedRead MoreStephen P. Robbins Timothy A. 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Yesterday you drove several hours into the area and parked in the main parking lot. Then you hiked six hours to your present campsite. The three of you carried all your food, water, sleeping bags, and tentsRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words à |à 656 Pagesof the southern provinces of Guangdong and Fujian over the entire period from the 1840s to the 1930s. The specific villages of emigration may have shifted, but the basic regions remained the same as migration became a multigenerational economic strategy for many families. Mass Chinese migration to Manchuria started later, but Shandong and Hebei supplied almost the entire stream. The most dramatic example of differences between European and other migrations can be seen in the long-term demographic
Friday, December 13, 2019
Design of Fuzzy Controller Free Essays
Design of fuzzy controller for two tank interacting system Mohamed sabith KT Second year M. tech Dept of Electrical Engineering NIT Calicut Calicut, India sabithkt@gmail. com Dr. We will write a custom essay sample on Design of Fuzzy Controller or any similar topic only for you Order Now Abraham T Mathew Professor, Dept of Electrical Engineering NIT Calicut Calicut, India atm@nitc. ac. in Abstractââ¬âThe control of liquid level in tanks and flow between tanks is a basic problem in the process Industries. Vital industries such as Petro-chemical industries, Paper making industries, Water treatment industries have the coupled tanks processes. The level of fluid in the tanks and interaction between tanks must be controlled. The aim of the project is to model the the coupled two tank liquid level system and to design a fuzzy controller. For coupled tank systems with non linear and complex characteristics classical PID is difficult to achieve the desired response. Fuzzy logic control is a classic method by which dynamic performance and strong robustness is guaranteed. The project compares the performance of the two tank system with classical PID and fuzzy logic control. Index Termsââ¬âPID, fuzzy logic, steady state Introduction through two separate pumps whose output is throttled using a control valve. Separate disturbance are made to both the tanks using hand valves. The two tanks are connected by means of hand valve, so the level of tank 1 will affect the tank 2 and vice versa. So this is a highly non linear system. Flow transmitters and pressure transmitters are there which give indication of flow and level respectively in a scale of 4-20 mA. The input from this sensors are taken to a computer which is process by a software in which controller is implemented which will give necessary control signal to throttle the control valve to get the necessary level. A Coupled tanks process is found in the many industries. Generally, The TITO processes have the problems to control their systems because of the existence of interactions between input and output variables. Many control methods such as 2DOF PID [1], Auto tuning PID [2], CDM [3] and Decoupling [4] have been applied to coupled tanks processes for solving their problems. This paper presents control of two tank interacting system with the help of classical PID and Fuzzy control. The paper is organized as follows. The next section gives details about Coupled-tank process. Section 3 explains about modeling of two tank interacting system. Section 4 explains PID based control. Section 5 explains an implementation of Fuzzy Controller for coupled tank process. Section 6 shows experiment process and results. Finally, conclusions are given in section 7. COUPLED TANK SYSTEM MODELLING OF A TWO TANK INTERACTING SYSTEM Consider the coupled tank, two-input two-output process . The target is to control level of two tanks by the inlet water flow from two pumps P1and P2. The process inputs are flow rate of two pumps u1(t)and u2(t) which is throttled using control valves. The nonlinear plant equations can be obtained by mass balance equation The overall material balance on the cylindrical tank is: Rate of mass accumulation in the system = rate of mass entering in the system- rate of mass leaving the system There for the dynamics of the tank system can be written as The coupled tank apparatus is shown in the Figure 1. 1. The apparatus is a model consisting of a pump, two cylindrical tanks made of plexiglas, two control valves, and two level transmitters . The two tanks are installed in a manner as shown in the fig 2. 1The water input to both the tank is provided 1 1 = ? 1 ? 1 ? 2 ? ? 1 + ? ( 2 ? ? 2 ? (2 ? ? 1( ) 2 2 = ? 2 ? 2 ? 2 ? ? 2 + ? ( 2 ? ? ( 1 ? 2 ? ? 2 Where A is the cross section area of tank 1 and tank 2, a is the cross section area of outlet hole of tank 1and tank 2 and cross section area of jointed pipe between tank 1 and tank 2 , ? 1 is the valve ratio at the outlet of tank 1, ? 2 is the valve ratio at the outlet of tank 2, ? x is the valve ratio between tank 1 and tank 2. k1,k2 are the gain of the pump. The above equations can be converted to transfer function form and a transfer matrix of the form is obtained. ?1( ) 11( ) 12( ) = ? 2( ) 21( ) 22( ) 1( ) 2( ) nteraction between processes, the control design needs the decoupling controllers to minimize the cross coupling effects Because of the interaction between processes, the control design needs the decoupling controllers to minimize the cross coupling effects The decoupling controllers consist of two decouplers d12 and d21 . The purpose of using decouple is to decouple the multivariable system. This can be done by choosing the following transfer function. D21=-G21/G2 2 D12=-G12/G11 SIMULINK SIMULATION OF COUPLED TANK SYSTEM WITH PID CONTROL AND DECOUPLERS The modeled coupled tank system was simulated using simulink . G11 represent the dynamics of the tank 1 ,similarly G22 represent the dynamics of tank2. G12 represent the effect of level of tank 2 on tank1,and G21 represent the effect of level of tank 1 on tank 2. Due to high interaction between the tanks ,its difficult to control with ordinary PID. So as to avoid the interaction Decouplers were introduced. The advantage with the decoupler is that separate PID controllers can be designed for individual loops. Two individual PID controllers were designed for the two loops and tuning of the controllers were also performed. Tank 1 is subjected to a setpoint input of 15cm at time of 30 seconds and it is having an setpoint of 5cm. Similarly Tank 2 is subjected to a setpoint input of 25cm at time of 50 seconds and it is having an initial setpoint of 10. The response of the simulated system is shown in fig below,both the level of tank 1 and tank 2 follows the setpoint with small peak overshoot. Where h1, h2 are the liquid level in two tanks and u1,u2 are the input into the two tank . Where transfer matrix Gij(s)has the value as following G11(s)= 1 + 2 + 2 1 + +2 1 2 1 1 1 2 + +( + + ) 1 2 1 2 1 2 G22(s)= 2 + 1 + 1 1 + 2 +2 1 2 1 1 1 2 + +( + + ) 1 2 1 2 1 2 2 1 1 + 2 +2 1 2 1 1 1 2 + +( + + ) 1 2 1 2 1 G12(S)= G21(S)= 1 1 1 + 2 +2 1 2 1 1 1 2 + +( + + ) 1 2 1 2 1 2 Design of Decouplers The theoretically modeled system was simulated using simulink as shown in fig. below . G11(s) represents the tank 1 and G22(s) represents the tank 2. The effect of tank 1 on tank 2 is given by G21(s) and the effect of tank 2 on tank 1 is given by G12(s). This coupled tank system is having high interaction and it also exhibits non linear characterstics. Because of the The input variable error(e) is shown below,for all these inputs five membership functions are used. The five membership functions are NB,N,Z,P,PB. Fuzzy controller The traditional control, which includes the classical feedback control , has encountered many difficulties in its applications. The design and analysis of traditional control systems are based on their precise mathematical models, which are usually very difficult to achieve owing to the complexity, nonlinearity, time varying and incomplete characteristics of the existing practical systems. One of the most effective ways to solve the problem is to use the technique of intelligent control system, or hybrid methodology of the traditional and ntelligent control techniques. The output variable is shown below As i have 2 inputs with 5 membership functions,I used 25 rules(IF THEN ). The surface of the rulebase is as shown below The above fig shows how a fuzzy controller is implemented . The Fuzzy controller takes two input and have one output, error and rate of change of error are given as input to the fuzzy controller . depending on the input the fuzzy controller produces required control action. For all input and output triangular membership functions are used. The input rate of change of error(de) is shown below The two tank system with fuzzy controller is subjected to an input,the first tank is set to a initial level of 5cm then it is subjected to a step change of 15 cm at 25 seconds,for the second tank it is set to a initial level of 10 cm and final level of 20 cm. With fuzzy controller the outputs obtained is as shown below [1] Suparoek Kangwanrat1, Vittaya Tipsuwannaporn ? Design of PI Controller Using MRAC Techniques for Coupled-Tanks Process? International Conference on Control, Automation and Systems 2010 Oct. 7-30, 2010 in KINTEX, Gyeonggido, Korea [2] V. R. Ravi , T. Thyagarajan ? Application of Adaptive Control Technique to Interacting Non Linear Systemsâ⬠IEEE Transactions On Systems, Man, And Cyberneticsââ¬âPart B: Cybernetics, 33( ), 2003, 514ââ¬â521 [3] [3] Dr. S. AbrahamLincon, P. Selvakumar ? Design of PI Controller using Characteristic Ratio As signment Method for Coupled Tank SISO Process? International Journal of Computer Applications (0975 ââ¬â 8887) Volume 25ââ¬â No. 9, July 2011 [4] Li LIANG ? The application of fuzzy PID controller in coupled-tank liquid-level control system? IEEE Transactions on Industrial Informatics, vol. 6, no. 1, pp. 25-35, 2010 [5] Jutarut Chaorai-ngern, Arjin Numsomran, Taweepol Suesut, Thanit Trisuwannawat and Vittaya Tipsuwanporn ?PID Controller Design using Characteristic Ratio Assignment Method for Coupled-Tank Process.? Proceedings of the 2005 International Conference on Computational Intelligence for Modelling, Control and Automation CONCLUSION The output obtained for fuzzy controller doesnot show peak overshoot as in th case of a PID controller ,the problem observed with fuzzy controller is that small oscillations will be prescent at steady state REFERENCES How to cite Design of Fuzzy Controller, Essay examples
Thursday, December 5, 2019
In my fathers house Essay Example For Students
In my fathers house Essay Maria and Oscie In the book In My Fathers House, written by Ann Rinaldi, thereare two main characters whose names are Maria and Oscie. These twogirls are sisters that live in a house that is being divided by the civil war. Their stepfather (Will McLean) is from the north and is known as aYankee in the south. Most southerners disagree with his beliefs onslavery, but nevertheless, he is still a respected town leader on the schoolboard and is head of the volunteer fire department. Maria, fifteen and more a southern belle, tries to get along with people and stays out oftrouble with Will. Oscie, who is a year younger, often tries to get thebetter part of Will. Oscie and Maria vary in many obvious ways. One of these ways isthat Oscie is more independent and can be more self sustained. Mariaon the other hand is a southern belle who is heavily dependent on herfamily for all sorts of different needs. Maria is able to accept realitymore than Oscie, is more mature and can handle being beaten in anargument, but Oscie can not accept losing and is always trying to bestpeople around her and herself. An example of this is how Oscie isalways arguing with Will. She even asked her tutor, will you teach meto best Will McLean?Although Maria and Oscie are very different they do have a fewthings in common. They both have an odd attraction to military men. This is shown in their choice of guys. They also both share the sameparents. Sarah who is dead now, also has Dr. John and Mama asparents. Both Oscie and Maria are in love with the south and dontwant to part with most of its ways when they move. It is amazing how Ann Rinaldi is able to work so much of thesealmost completely different people into this novel. At the same time sheworks a lot of history into this story that is very captivating once youget into it. Although that Will McLean is a Yankee , I think it will bethese two girls that really divide the family on the war between theNorth and the South.
Thursday, November 28, 2019
A Critical Review of Yahoo! Corporate Governance Essays
A Critical Review of Yahoo! Corporate Governance Essays A Critical Review of Yahoo! Corporate Governance Paper A Critical Review of Yahoo! Corporate Governance Paper A recommendation is then given followed by a conclusion to the analysis. L. Introduction Corporate governance has come along way since the 1 9th century. What was once an elite fraternity based on little more than cronyism and family connections has now taken on a new shape, resulting from greed and deceitful corporate breakdowns of iconic companies in the first part of the 21 SST century. If the 19th century was the century of the entrepreneur; and the 20th century was the century of management; then the 21 SST century is the century of corporate governance. This paper seeks to review the governance in a publicly listed company whose equines performance has been criticized publicly and to report about its governance protocols and practices. A brief description of the company in question followed by the criteria for the review of governance will be presented. Then, a critical review of their existing practices will be forwarded. Finally a list or recommendations will conclude the review. The goal is to shed light on boardroom practices and to better understand past events so to prevent them from reoccurring. 2. Background Yahoo! S a SIS based multinational Internet company headquartered in Californians silicon valley. It is widely known for its Web portal, search engine, Yahoo! Mail, advertising, online mapping, social media and a myriad of other services, including popular acquisitions such as Alabama, flicker and Tumble. Yahoo! Was founded in 1 994 and was once one of the most popular sites in the US. However, in recent years, its been plagued by poor governance. Between 2009- 2012, the board had dismissed 5 Chief Executive Officers, indicating a history of CEO problems with dire need of stability at the top. The current CEQ Marimbas Mayer has been in place since 201 2 and has also been heavily criticized; however, her leadership has changed the dynamic and ultra of the company, resulting in a tripling of the stock price and acquisitions worth over $1 billion. (Geol. 2014) The next section will explore the criteria for the review of governance. 3. Criteria for review In light of on-going setbacks at Yahoo! , the following criteria have been identified, including a discussion on their importance and why it is appropriate to use them. Yahoo! As a section addressing my criteria in their Corporate Governance Guidelines and nothing appears out of place, in other words, the guidelines are concise and appropriate, according to the textbook. (Trickier 2012) 3. Board membership criteria Although this may seem basic at first glance, it is not. Boards operate differently company to company. In theory, an active board oversees the formation of strategy in shareholder favor, they develop incentives fo r the CEO and other managers to tackle whilst also working toward the agreed upon strategic objectives. The board also critiques the performance of management against such objectives throughout the year and also formally once annually. It is important for boards to run smoothly, as outlined above so to monitor the business, stay abreast with changes in the marketplace so to be in a session to act quickly when required. There is always work to be done by board and committee members, (independent or external) law also requires regular reporting and shareholders require updates. This is an appropriate way to operate because if a board becomes passive, the effects will trickle down and a change in company culture will ensue. To avoid this, and to follow best practice, boards and committees are voted in by shareholders and reviewed annually by the chairman. 3. 2 Selection of the Chief Executive Officer Selection of the Chief Executive of the company is reserved for an active road committee (often independent) who is nominated to do the legwork in the nomination process. The idea is that the nomination committee, headed by its own chairman accept suitable referrals and vet said referrals (and leads) based on the board requirements. Best practice suggests that by the time a nomination is put forth to the chairman, the audit committee has already approved the candidates background and confirmed that no known conflict of interest exists. Not only is it important that each board member be given a specific task or project, its also important to have clear guidelines in place to undertake one f the most important board obligations. Chief Executives are typically not identified easily or hired quickly and the search itself is often expensive. For this reason, shortcuts cannot be made or left up to assumption. It is appropriate for a board to have nomination guidelines in place for top-level positions before exploring the market even begins and well before candidate engagement. By having such guidelines approved and published, it lessens the possibility of oversight by committee members who may feel pressured to tick all the boxes before a formal nomination can be presented, with a genuine seal of approval. . 3 Independence of the Board As a result of the breakdown in governance of iconic companies such as Enron and Arthur Anderson, governments from each country have been forced to take action to preserve the rights of shareholders and employees. An example of this can be found in the US, UK and Australia who operate as a unitary board, unlike Europe, which operate on a two tier board consisting of the executive board and the supervisory board. By law, the unitary board must include independent directors (INDEED) and committees. The paradox of the unitary board is the greater a directors independence, the less he/she is keel to know about the company. The more the INDEED knows about the company, the greater his/her potential contribution, the less his/her perceived independence. According to the textbook, an independent board is one that is capable of performing under the direction and leadership of a non-executive chairman or lead director so no to fall prey on initiatives from management or internal directors. (Trickier 201 2) Independent directors have periodic meetings of independent directors to evaluate management against the strategic goals. They follow strict rules to keep a fair, unbiased balance between the board ND management. This is important because it demonstrates greater transparency to the shareholders and to the SEC, SOX and other government regulators. A lack of transparency was a pattern followed by every board of companies that have since been found guilty in criminal court. It is appropriate to adopt an INDEED board not only to satisfy laws but also to demonstrate that action has been taken to ensure that the board as a whole is fair, that board members come from diverse backgrounds with unique areas of expertise, including industries. Independent Directors are equally accountable to the chairman of the board, hat they are offering is another a new way to view challenges faced by the company and offering the best solutions. . Critical review of Yahoo! Governance Yahoo! Has experienced tumultuous board movement over years, considering that the company is only 20 years old. Many past board members have held their seats for only one year. As of this day, there have been thirteen past board directors which suggests a critical lack of congruence within the business. There are currently ten board directors, including Mayer, CEO. Each director boasts a diverse set of skills and experience from companies that align with Yahoo! , which is ideal and half appear to be independent, also a good thing. It has been acknowledged however, that half the board were replaced following Mayors induction in what is reported to be a buyout. Its been reported that those she bought out would have become made her new post difficult as they likely would have clashed at some point and that it would likely be due to character first and strategy direction, second. (Yarrow 2013) According to Yahoo! Corporate governance guidelines, The Nominating and Corporate Governance Committee shall be responsible for assessing the appropriate balance of criteria required of Board members. It is true that a board will often nominate new members with the induction of a new CEO; however, it is reported that Mayer handpicked this board to support her. (Swisher 2014) If this is the case, then it brings up many concerns and questions. The textbook identifies nine concepts and principles for corporate governance. (Trickier 2012) In the case of board selection, believe the following principles sing out: judgment, and accountability. The execution Of best judgment is expected in any nomination. The boards decisions should e made for the greater good of the company, rather than to promote personal agendas. Records show that although Mayer may have nominated half her board, the shareholders and existing board directors have approved it. In other words, they appear to have gone through due process as stated in the company guidelines. One would hope that the current board will prove not to be yes-men and that they will be supportive yet unbiased and even critical as required as cronyism has lead many a company down slippery slopes. The concept of accountability suggests that directors are answerable for their actions and decisions. Mayer must have already known that as one of the first changes she initiated at Yahoo! Was a weekly meeting that everyone was invited to attend to have their questions answered based on recent decisions, changes in the business and write ups in the press. Employees submitted questions online and the first 5 questions with 50 votes would be addressed. Mayer even allowed employees to submit anonymously, which naturally invited in the tougher questions. From an outside perspective, this was a genius move on her part and showed that she was being transparent and penny willing to put herself on the line. This next topic goes without saying that Yahoo! Has been hit hard by the mismanagement of their Chief Executive Officers in recent years. As stated above, the selection of the CEO is a critical task of the board and its committees. Yahoo! Has terminated four Chief Executives in three years. Mayer took the reins in 2012 following Scott Thompson resume embellishment that was made public only four months into his tenure. Each of the two interim Chief Executives had been deemed unsuitable to take the role on permanently. This is an example of poor governance; the situation tit Thompson may have gone away more rapidly had Yahoo! Not already terminated the 3 Chief Executives before him. This is also a problem of succession planning as 2 of the interim Chief Executives were internal. On the other hand, how might a company be prepared to nominate two internal Chief Executive candidates who are ready for the role in such a short space of time? Chief Executives are not interchangeable. It is believed that Yahoo! Did the best with what they had to work with, it just wasnt enough. To make matters worse, at the time of the Thompson revelation, the chair of he nomination committee, Patti Hart (who approved Thompson) was also found to have an embellishment on her resume. This is was an embarrassment for Yahoo! As the filing had already gone to the SEC to which the board was accountable. The concepts that stand out in this instance are: honesty, meaning not misleading and of strong morality and integrity, mean inning of high moral value and professionalism; such principles are expected by a board of a ($billion) company. One article describes the dilemma well. Should we be focused more on education or on ethics? Enders 201 2) As an outsider, I believe ethics weigh stronger than education; especially as top executives receive ongoing, relevant training and development. In Thompson case, he resume claimed a computer science degree from the asss which would have added little value to the company. Makes one wonder if it was really worth the risk. Oversights do happen, yet this particular one had been following him around since the early asss. Based on the updated company nomination guidelines, such mistake will likely never happen again as better, more appropriate checks and balances have been set in place. The final topic is around independence. As outlined above, a unitary board just have independent directors and committees to ensure that decisions are made in the best interest of the company. At the time of Thompson and Harts tenure, the only thing that makes sense is that the board became too comfortable and exercised gross oversight and incompetence. The trouble here was that the board didnt question the independent committees findings. Independence is important, though so is due process. (Labeled Sillies 2003) The audit committee was not involved and the chairman at the time was known for not rocking the boat. Brenner 2014) The results were crippling for the company. The concepts that require discussion and analysis are: responsibility, having clearly defined roles and reputation, an estimation of having done something well. Although each board member looked adequate on paper, there were many gaps that could have been avoided if the directors had been diverse enough or willing t o take a stand to ensure that all the boxes have been ticked. It seems that each was relying on the other to do the right thing and each accepted the general consensus without further query. This proved damaging to the reputation of the entire board and some lost their appointments as a result. On a positive note, Yahoo! Now have a new guideline in place to ensure that three committees review and approve a nomination before it goes to the board for further review. This is consistent with best practice for unitary boards. 5. Recommendation Mayer has been CEO for a little more than two years. Since then, she has driven more than 30 acquisitions worth more than $1 billion; she has also initiated a monthly bell curve review of all staff which determines merit for bonuses and in some cases, termination. Stock price has tripled under her tenure. Her decisions are not always popular, yet shes doing what few before her were able to. Therefore, its recommended that the board continue to give her money for acquisitions and also for RD to make Yahoo! Known for its products, not just its acquisitions. Mayer has been heavily criticized in the press for making decision based on feeling. Not all her decisions have worked out well, yet she has not yet created a pattern of poor decisions making. I recommend that she remain CEO for another two years to bring her strategy to fruition. That way, shareholders will continue to reap the rewards of the tock price whilst Mayer continues to harness energies toward customer experience, which is where her expertise lies. 6. Conclusion The past several years have been tough for the company. The good news is that Yahoo! Appears to be turning things around for the better. It was a big risk for the board to hire a green CEO. Her successful track record at Google as well as her industry contacts and networking skills will prove invaluable. Meyers gender, age and rapid ascent into executive management have earned her a national celebrity status.
Sunday, November 24, 2019
Analysis of the sonnet Essay Example
Analysis of the sonnet Essay Example Analysis of the sonnet Essay Analysis of the sonnet Essay The name Belinda is written in italics in order to draw the readers attention, she is a virgin and would certainly have drawn the attention of men. The pre noun modifier fragrant steams is erotic and sensual, it could also make reference to coffee which was rare and well enjoyed in the sixteenth century. The phrase thousand sprites repair in line eleven is used to mock the style of the epic as the spirits try to interfere with the knights actions. The repetition of thousand in line twelve reinforces the idea that Belinda has spirits and Gods protecting her and the alliteration blown back is a deliberate device used to enhance the humorous tone of the poem. The diamond in her ear creates a sense of luxury and a pure, rich aura around Belinda. Tripling and the repetition of three of the word thrice in lines fourteen and fifteen are important as they build up the scene in order to create more humour and to further show the scene in a trivial light. Belinda s purity is reinforced in line seventeen with as the nosegay (flowers) in her breast reclined referring to her virginity with flowers on her breast. The knights thoughts of desire become impure in lines eighteen to twenty two and in line nineteen the knight realises that Belinda is not as pure as she is believed to be with the pre-modifier lover lurking at her heart emphasising this. The verbs confused and retired suggest that the Gods are abandoning Belinda and are unable to protect her because she is impure. The space left between lines twenty two and twenty three symbolise the Gods leaving. Rape of the lock by Alexander Pope The poem Rape of the lock by Alexander pope is a mock-heroic narrative poem with a humorous indictment of the vanities and idleness of the eighteenth century high society. The poem is written in an elevated, sarcastic tone in which every element of the scene conjures up some image from epic tradition or the classical world view. The poem is written in rhyming couplets and iambic pentameter. Its influence came from a ludicrous quarrel between two families caused by Lord Petre who cut a lock from Miss Arabella Fermor s hair. Pope tried to place this act of sexual harassment in a trivial light through the use of sarcastic, comical tone. The poem begins with a command for human action to mischief mortals bend their will the focus is largely impersonal and the use of an exclamative instruments of ill! in line two emphasises the sarcastic and humorous tone of the poem. The premodifier tempting grace at the end of line three creates an erotic atmosphere as Clarissa draws weapon from her shining case , she has found a weapon for her peer. Line five begins with the conjunction so enforcing the idea of gossip and chattering as Clarissa and her peer conjure up a plan. The nouns knight and spear and the verb fight tells the audience that something serious is about to happen. The verb assist and the noun knight both contribute to creating a sexual and erotic atmosphere. Line sevens use of the verbs reverence and extends emphasises to the audience how serious the knight is about fighting and the pre noun modifier little engine mocks the lock of hair off, with a caesura exaggerating the scene and allowing the audience to pause and realise what is happening. The modifier fatal also over-exaggerates the scene. Line twenty eight is enclosed within brackets, it is supposed to make the scene more tragic but creates a comical effect. The final line of the poem uses the repetition of for ever to emphasise the knights excitement over getting his trophy, a lock of hair! The poem uses a lot of alliteration which is deliberately used to mock the style of the epic. The scissors are referred to with many different names such as spear , weapon , forfex and sheers for an intellectual and mockery purpose. The poem uses elision to support the rhythm and rhyming couplets illustrate the humorous aspect of the poem. The poem is a fable with a moral, a message to modern women not to be so vein.
Thursday, November 21, 2019
Strategic management Essay Example | Topics and Well Written Essays - 1750 words
Strategic management - Essay Example Income has increased especially in the higher social classes. Due to this, the luxury good market has witnessed a rapid global expansion. In 2009, the luxury market recorded an incredible expansion that amounts to $229 billion (Choo and Yoon 81). Louis Vuitton Malletier, commonly known as Louis Vuitton (LV), is a fashion house based in France and founded by Louis Vuitton. It is the leading luxury brand in the world. It belongs to LVMH Group which possesses a portfolio of more than sixty prestigious brands. The Group works in various sectors such as fashion and leather, wines and spirit, cosmetics and perfumes, watches and jewellery and other selective retail segments (LVMH, ââ¬Å"LVMH GROUPâ⬠). Louis Vuitton originally started its business as a trunk maker and gradually became the legend by creating innovative bags, luggage and accessories that were practical, elegant and redefined the art of travel (LVMH, ââ¬Å"Fashion & Leather Goodsâ⬠). ... In this context the group aims to fulfil the following mission that is reflected through the five priorities defined by the fundamental values shared by the group stakeholders (LVMH, ââ¬Å"Group Mission and Valuesâ⬠). Innovative and Creative The company grows and nurtures its creative resources. The secret behind their long-term success is deeply rooted in the amalgamation of technological innovation and artistic creation. Creation has been its main motto and will remain so forever (LVMH, ââ¬Å"Group Mission and Valuesâ⬠). Product Excellence The company pays careful attention towards their products to ensure that the products are created with utter perfection. They denote perfection and aristocracy in the traditional craftsmanship. Each and every item that the customer buys and uses, speaks about the tradition of the brand and all products aim towards impeccable quality (LVMH, ââ¬Å"Group Mission and Valuesâ⬠). Passionate Determination The company enjoys an extraord inary reputation. This reputation would not have been sustained if it were not supported by exceptional quality of their products and creative superiority. Without this aura Louis Vuitton would not have been Louis Vuitton. The company established a rigorous control over every smaller detail of the product in order to retain their brand image (LVMH, ââ¬Å"Group Mission and Valuesâ⬠). Act As a Tycoon Louis Vuitton follows a decentralized organizational structure that nurtures creativity, productivity and efficiency. This type of organizational structure provides a high level of motivation and dynamics to the employees. It always encourages initiative taken by the individuals, and also offers real
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