Activity Based Costing vs.Traditional Approach (Sober Plc) Essay

Activity Based Costing vs.Traditional Approach (Sober Plc) - Essay Example Financial information forms the basis for much of the decision-making for organizations, and the need for more accurate information continues to grow. Ignorance of the manufacturing realities may put an organization at risk of losing its competitive edge, which inevitably results in loss of profitability and crippling losses. Traditional volume based costing techniques present numerous challenges to organizations, especially in the modern manufacturing environments, where the overhead costs continue to rise. In addition, introduction of new technological advancements in the production processes invalidates traditional cost allocation mechanisms and articulates the need for organizations to switch to new and more market aware costing systems. This paper discusses traditional versus activity based costing with regard to a case on a global motorcycle company currently in a managerial stalemate over the most appropriate costing method. Introduction Traditional costing techniques can be h ighly misleading in their estimation costs of particular products, markets, or organization activities. Traditional approach to allocation of overheads is blind to the factors that drive costs, which are known as cost centres in activity based costing (Luehfing, 2005). ... Background to the Case The senior management staff at Sober Limited engages in a heated ideological standoff because of different viewpoints regarding the appropriate accounting policy for the company. The finance manager proposes adoption of a new costing system, which is activity based costing (ABC), and highlights the fact that the method can prove that the production of one of the company’s primary products, Fireball motorcycle, is no longer profitable, and in fact eats into the company’s profits from other segments. The chairman, critical of activity based costing and favourably predisposed towards traditional costing methodology, expresses his confidence in existing costing methodology, which shows that the production of Fireball is still a viable and profitable option. In addition, the chair claims that the use of activity based costing will only result in unnecessary cost overruns for the company. Analysis of labour hours and ABC in the context of Sober Public L imited Company Sober uses traditional volume based absorption costing to allocate overheads. The company allocates overheads according to the number of labour hours, although sweeping technological changes have put serious credibility as to the relevance of the use of labour hours to allocate costs. The company has had to reduce the size of the workforce due to the introduction of new manufacturing technology. New and more fitting cost drivers than labour hours are now available, and they include deliveries to retailers, set-up costs, and purchase orders. The company seriously considering and questioning the appropriateness of traditional cost allocation methods for overheads in the fundamentally altered manufacturing and market environments. The company sells the motorcycles globally, and the

Predictiveness and the Level of Processing Research Paper - 1

Predictiveness and the Level of Processing - Research Paper Example M, 27 September 2008). Memory does a very important job which is to remember and the same has some vital subdivisions such as attention, encoding, rehearsal and retrieval. It is believed that the durability of the memory depends on the functions of the depth of processing. Going by this statement it is believed that the deeper the functions of various processes which go on in human mind, sharper the memory. "Older adults typically experience two main types of difficulty with their memory; the first is memory for names, and the second is memory for details of occurrences. The difficulty with names sometimes generalizes to infrequently used words and to names of objects, but is most evident in names of people. The second difficulty shows itself in forgetting where a possession was left, in the source of newly acquired information, and in ''telling the same tale (at least!) twice'' (Koriat, Ben-Zur, &Sheffer, 1988). It is extremely important to know about the process of remembering because it is closely related to Predictiveness. In this regards the above information is very handy. "While information-processing models of human memory have been concerned largely with structural aspects of the system, there is a growing tendency for theorists to focus, rather, on the processes involved in learning and remembering." (Craik, Fergus I. M, 27 September 2008). So there is importance given to the process involved in learning and remembering these days, Predictiveness and the process of remembering go hand in hand, the rest of the paper will explain the same with the help of apt examples. Method An experiment will clear all the doubts related to this topic and the result of the experiment will provide an in-depth analysis on how Predictiveness effects the level of Processing. There are 132 students who are participating in an experiment to determine how Predictiveness affects the level of Processing. Of these 132 students no of female students are 82 with the mean age of 19.8, so the mean age goes to show that the experiment is conducted on young students to get the exact results. The experiment showed a Power-point presentation to the students, the presentation consisted of 40 sentences of which 20 were composed of Predictive sentences and the other 20 were Non- predictive sentences. These 40 sentences shown to the students did not have the last word, in other words the last word each sentence was intentionally left blank. The organizers of the experiment probed the students to think of the missing word. After sometime all the forty sentences were shown with the last word f or 2 seconds each. After the experiment the students were asked to take a recognition test and the test consisted of 80 different items. Of these 80 items 20 were Predictive were and 20 were Non- predictive words, the rest 40 were fillers, these fillers were included to get to know the result better. The result of this experiment is on the next page and the ambiguities regarding this topic will be settled after looking at the results. Results The

Reasons for Abolishing the Trade Embargo with Cuba Essay Example for Free

Reasons for Abolishing the Trade Embargo with Cuba Essay Cuban and U.S. relations have been on the rocks for the last 50 odd years. What follows is some background information on what has caused the rift between the two countries. It is a brief history of the American backed Batista that allowed U.S. interests to flourish in Cuba, juxtaposed against the rebel leader Castro that came afterward and the lasting effects that that has had with the relationship between Cuba and the United States and the resulting embargo that sprung from the wake. After the brief history, there is a dissection of the problems and consequences that this embargo has had on the U.S. and policy suggestion to help mitigate and repair relations. Background Cuba became an independent state in 1902. From that time until 1956, with the communist revolution, Cuba has seen countless vies for power through revolution and seen other conflicts as well. For the purposes of this paper, however, focus will remain on Fulgencio Batista, his ties with the U.S.A., and Fidel Castro after that fact. Fulgencio Batista’s rule in Cuba is a sordid one. He was first elected as President of Cuba in 1933. During this period he can be seen in a generally good light, having an efficient government that instituted such legislation as the 1940 Constitution of Cuba. He left to the United States after retiring in 1944, and from that time until 1 952 Cuba descended into corruption. He returned to power from 1952-1959, which was a bloodless coup d’à ©tat, deposing the current President in what was seen as a welcome change. This time around he would be seen as a dictator himself, revoking the Constitution and embezzling large sums of money . The United States backed Batista’s rule, and recognized him as the leader. With regards to the U.S.’s economic interests in Cuba at the time, Kennedy said this: â€Å"In a manner certain to antagonize the Cuban people, we used the influence of our Government to advance the interests of and increase the profits of the private American companies, which dominated the islands economy. At the beginning of 1959 United States companies owned about 40 percent of the Cuban sugar lands almost all the cattle ranches 90 percent of the mines and mineral concessions 80 percent of the utilities and practically all the oil industry and supplied two-thirds of Cubas imports.† This shows how heavily invested in the economy of Cuba the United States were at the time. The sheer amount of American ownership, coupled with the disparity in income between classes in Cuba, goes to show where the feelings of corruption came from, which set the stage for Fidel Castro’s revolution in 1959. Since the American backed former Cuban government had been overthrown with Fidel now in charge, it would stand to reason that the United States didn’t back the new Cuban regime, and with Fidel pushing most of the blame of Cuban problems on United State’s shoulders, he wasn’t too fond of the United States government. He nationalized all of Cuba’s industries, and started implementing a Communist regime in place of the former corrupt Capitalist system. Russia ever looking for an edge on American, during the Cold War, swooped in with aid and support, and in return asked for their allegiance, and to place Russian missile bases on Cuban soil. America not wishing to see Russian military a mere 90 miles away, stepped in to blockade Cuba, resulting in the well known â€Å"Cuban Missile Crisis†. The missile crisis resulted in a trade embargo against the Cuban nation, and more importantly against the Castro administration. This didn’t affect Cuba much at the time, as they were receiving aid from the Soviets, but after the Soviet Union fell in the 1990’s that aid stopped coming. The American embargo stayed, however, resulting in a hole, where goods normally would be, but no longer were coming. Cubans called this period in time â€Å"perà ­odo econà ³mico especial† or the special economic period . As of late, the U.S.A. has loosened the embargo a bit, allowing travel there for people with Cuban family, but Cuba remains the only country that the American government forbids its citizens to visit. Statement of Problem The embargo on Cuba is a relic of the Cold War and it’s time to put it behind us. It’s unpopular among American citizens, and detrimental to Cuban citizens. There’s a huge untapped market for American goods there that could be a nice injection into the American economy. The resulting influx money might seek to raise Cuba’s middle class, and in turn undermine Castro. The lack of a democracy and human rights violations are a valid concern, but it is hypocritical to do business with some communist regimes, and human rights violators, and not others. Russia, China, and Venezuela are all important partners in trade for the United States of America; they are also violating many human rights. We imported $34.6 billion worth of goods from Russia, $310.9 billion from China, and $28.9 billion from Venezuela all in 2011 alone . To name one instance that happened in Russia: â€Å"in June 2011 Baskhanov helped organize a small, peaceful, anti-torture rally in Grozny, the Chechen capital. Police dispersed the demonstration, detained Baskhanov and his colleague, and threatened them with reprisals if they persevered in efforts to hold police accountable.† This represents a blatant disregard of freedom to assemble, which is in the U.S.’s first amendment. China represses the internet for its people, not to mention the atrocities done to the Tibetans. It is arguably the worst modern state in regards to human rights. Venezuela is perhaps the best comparison to the situation in Cuba, however. Hugo Chavez, leader of Venezuela, is a critic of the capitalist system, and an advocate of communism. He nationalized industry similar to Castro. He puts down sedition the same way, and their violations of human rights are much the same, but yet we trade with Venezuela. The only substantive difference is that Hugo Chavez had the fortune of taking power after the fall of the Soviet Union. Since we have already set a precedence of trading with non-democratic governments, we can look to the benefit of opening up trade with Cuba. The United States is in the throes of a recession and should be constantly on the lookout for new markets for their products. A 2009 study found that doing away with all restrictions dealing with the export of agricultural goods would have resulted in a gain of $26-$74 million in dairy products alone . Plus the irony of a capitalist country selling goods to a communist country has to be worth something. Losing the embargo because you trade with other communist nations, and because you can earn lots of money might appeal to the realists out there, but it would look abhorrent to any idealists. Undercutting human rights to make a quick buck can seem pretty sleazy. For those people it is worth noting that the U.N. has voted on ending the embargo for 21 straight years , with the United States and Israel the only naysayers. Policy Recommendation In order to foster trade with Cuba it would be important to repeal all past policies that inhibit the ability for U.S. trade, which would in effect eliminate the embargo all together. To protect American interests in the area, and back at home, we would need to implement new policy that focuses on the protection of U.S. companies seeking trade with Cuba, and a repair of our relations over there. There will need to be mediation from outside sources, perhaps the U.N. could step in, that way both parties would be getting the best of possible outcome. The policies that would need to be repealed, for example, would be the Cuban Democracy Act and the Helms-Burton Act. The Cuban Democracy Act reinforced sanctions brought up from the original embargo, stating that the U.S. would continue the embargo as a way to force the adoption of democratic principles onto Cuba. This obviously hasn’t been working, as Fidel and Raul Castro have been in power since 1959. It comes off as an excuse to retain the embargo on ideological levels in light of almost no support on the global level. Both these acts reinforce the embargo and were signed in the 1990’s. They come off as a power play, in that for trade to resume between the two countries, Cuba would have to concede its current government in favor of a democratically elected one, which is pretty unrealistic as long Castro is alive. To concede the decision to the U.N. would put good faith in global politics, and would influence other countries to do the same with interstate conflicts. It would help mend the negative light that other countries look at us in, and we might be able to leverage putting such a decision in their hands for good faith in other dealings. Especially with such underwhelming support from the global community for the embargo over the past 20 years it would help us appear humble and avoid the warmongering persona many countries see us to have. To continue with the economic discussion, when Cuba nationalized all of its industry throughout the 60’s American business men that had been operating in the area lost all of the capital that they held on the island. These holdings are estimated at a worth of over $6 billion . These holdings are in the hands of American citizens, not necessarily the U.S. government. It would be wise to recoup as much of that as possible, and if the Cuban government has an interest in trading with Americans it is somewhat feasible that a recoupment would be possible, if not for that amount, at least a portion of it. If the Cubans refused that payment pressure from the U.N. could help persuade them to do so. If the U.N. deemed the acquisition of those funds superfluous, it would then be in our best interest to agree. There’s definitely an argument against them owing us that money as we owned the majority of their economy in a corrupt system, also it having happened over 50 years ago (1/5 of the time the U.S.A. has been a country, for a frame of reference). It’s obvious you can’t just change policy like this overnight, as there are some issues that need to be ironed out at levels that aren’t just about economics and trade. We retain four Cuban nationals under charges of spying, and Cuba is holding American Alan Gross. With America’s â€Å"don’t negotiate with terrorists† attitude it’s not surprising we haven’t allowed the trading of prisoners with a country that we have sanctions against but it would be in both countries interest to allow the trade. It comes off as petty to not allow Alan Gross back into the country in exchange for some Cuban nationals. By allowing the exchange of prisoners it would be a show of good faith by both countries. Conclusion Looking at the problem objectively, it can be seen that the embargo has sprung up from the United States worry at a communist regime so close to its own borders, which was justified at the time in the throes of the Cold War and the Cuban Missile Crisis. Although Cuba hasn’t been much a friend in the past, the embargo is an overall detriment for everyone involved and doesn’t even succeed at what it, in theory, sets out to do. It has no support on the national level, and even less support on the global scale. Furthermore it doesn’t make fiscal sense to exclude potential markets whilst in the middle of a recession. A policy that helps foster peace and economic gain for so little loss could easily be implemented benefitting all involved. It’s an anachronism from a time long past, and a hegemonic power such as the U.S. should never foster animosity between countries that are so close to their borders, that is what is the most prevalent danger: having such an enemy not 90 miles away from American coastlines. Works Cited Encyclopà ¦dia Britannica Online. Fulgencio Batista . http://www.britannica.com/EBchecked/topic/56027/Fulgencio-Batista (accessed December 05, 2012). Human Rights Watch. World Report 2011. 2011. http://www.hrw.org/world-report-2011/ (accessed December 5, 2012). Kennedy, John. Remarks of Senator John F. Kennedy at Democratic Dinner, Cincinnati, Ohio (October 6, 1960). Poblete, Jason. U.S. Claims Against Cuba, Buyer Beware. August 4, 2008. http://jasonpoblete.com/2008/08/04/us-claims-against-cuba-buyer-beware/ (accessed December 6, 2012). United Nations General Assembly. November 13, 2012. http://www.un.org/News/Press/docs/2012/ga11311.doc.htm (accessed December 05, 2012). United States Census. U.S. Trade in Goods by Country. 2011. http://www.census.gov/foreign-trade/balance/ (accessed December 05, 2012). Wood, Roberta. Senators confident on votes to lift Cuba travel ban. July 14, 2010. http://www.peoplesworld.org/senators-confident-on-votes-to-lift-cuba-travel-ban/ (accessed December 05, 2012).

Philosophy of Samsung

Philosophy of Samsung Question 1 Samsung is a popular name in almost every household across the world. Samsung group products range from phones to washing machine. Emerging in the 1928 as a food exporter in Korea, shipping seafoods to China (Nytimes.com, 2013). Prior to becoming Samsung Electronics, between 1950 and 1960, Samsung got into business like textiles and manufacturing (Kovach, 2013). Business of textiles and manufacturing proved to be successful to Samsung because their profits had soared by 20-folds (Fundinguniverse.com, 2002). During the late 60s, Samsung group became Samsung Electronics, mainly responsible for manufacturing television. It made its first black and white television in 1970. Parallel to producing electronic goods such as television, Samsung became a part of many service businesses including insurance, department store and security. Samsungs founder Lee Byung-Chull was charged with corruption during the 1960s, which is when Samsung tasted its bitter time period. However the charges dropped as it was proved to be a result of fabrication (Fundinguniverse.com, 2002). Nevertheless, after the release of Lee, due to the start of electronics sale, Samsung continued to witness growth between 1970 and 1980. In the year of 1980, Samsung had bought a well-known telecommunication company known as Hanguk Jeonja Tongsin (Kovach, 2013). As a result, Samsung started the production of telephone, fax machines and switchboards. Despite Samsungs founders death, Samsung maintained its core values and approaches. Its standards could allow for continual expansion (Mathew, 2012). It invested money in research to develop new technology which brought Samsung a good outcome. It is evident in 1992 when Samsung became the only brand name to produce memory chips. Huge profits were made during 1995 when Samsung build Liquid Crystal Display screen (Lim and Park, 2012). Samsungs mass electronics production did not leave it behind in other industries it had invested in. Its construction division was able to conduct big projects like the Burj Khalifa and the Petronas Tower (Kovach, 2013). Recently Samsung surfaced in media reports for all the wrong reasons. These included, the vice-chairman of Samsung, Lee Jae-Yong arrested and Samsung Galaxy Note 7 catching on fire. According to Appendix 1, it is evident that an influential chaebol like Samsung are deeply connected and have ties with government. Opposing the Chaebol system is opposing government which got Lee facing charges of bribery and corruption. Furthermore, it is important to understand that company like Samsung are grounded by the Korean values and the Chaebols do not necessarily accept westernised method of working. Lees western education gave him the vision to change the way this Chaebol functions but as his friend quoted he still operates in a very much Koreanised economic, political and business environment, indicating that the government is not willing to sacrifice the years of traditions and culture that the Chaebols were founded upon (Martin and Cheng, 2017). In short, Samsungs philosophy is described as Inspired by humans, creating the future (Design.samsung.com, 2014). This implies Samsung values the ideas spawned by people and believes that it is essential for us to construct the future in terms of building new technology and revolutionising the way technology plays its role in the society. It also mentions about sustainable values which Samsung promotes, not only to its employees but also to the wide community to build designs and use technology that is compatible with the environment (Design.samsung.com, 2014). Samsungs aim also includes to bring joy and meaning to our lives, focusing on developing the technology that empowers us (Design.samsung.com, 2014). Samsung stands by its three goals which are: balance of reasoning and feeling, simplicity with resonance and meaningful innovation. Keeping into account with its history and understanding its goals for the future, it is valid to conclude that Samsungs approach to future is to inte grate technology in our lives to move forward into the future. Question 2 Chaebol is a style that emerged in the early sixties in South Korea. It is a style started by a conglomerate of businesses that were formed through various strategies introduced by the government, in order to build the Korean economy post war (Stephen, n.d.). The centralised ownership of business like the Chaebol, is leading the Korean economy ever since its creation. Parallel to western style, the organisation/s is owned by the founders family, where the professionals manage and owner earns the credits of both owning and managing the organisation. Chaebol implemented policies that promoted manufacturing industries and exporting of goods which were in synchronisation with the world economic trend, therefore stabilising Korean economic growth and development (Murillo and Sung, 2013). Central leadership to work towards national development and cultural emphasis on acceptance of authority are key features of Korean society which Chaebol implemented into its work management. This as a result made Chaebol grow towards success. Samsung and LG are examples of prominent chaebols known today. Organisation culture is the way members of the particular organisation behave with each other as a result of shared values, beliefs and assumption (Robbins and Coulter, 2012). This is particularly important to highlight when discussing Chaebols organisational culture. Koreas Chaebol is known for its distinguishing management style. Some of its many key features include: self-made founders, management by clan and tight ties with the government (Yoo and Lee, 1987). The management style of Chaebol is that of top-down management. The owners or founders have large influence in the management of Chaebol. Chaebols are largely influenced by the Korean values which sustain Chaebols success (Economist.com, 2017). Its rise in the 1960s meant that the working style was similar to that of colonial Japanese Zaibatsu, however the Korean Chaebols management stick to Confucians tradition, which Korean society is significantly based on. The Confucian tradition promotes the necessity and strength in fa milial relations. Hence the owners are regarded as the father-figure while the employees maintain their sense of belonging through brotherhood (Rhyu, 2017). Confucian culture is not only embedded within the firms but also forms the basis for the management of powerful ties between Chaebol and the government (Rhyu, 2017). The time period of 1960 was also a factor that gave Chaebols a unique characteristic. Conflict during that time had a huge impact on shaping management practices upheld by the rising Chaebols. In order to establish strong relation between the employee and the company, Chaebols used military disciplines which meant new employee had to undergo training. Training included the learning the firms principles in order to uphold the organisations culture (Economist.com, 2017). Question 3 Due to recent incidents of Samsung phone overheating and catching on flames, Samsung witnessed a huge market share decline. The Korean company had to recall all the Galaxy Note 7 that was sold. It had to recall close to 3 million phones costing Samsung more than $5billion. However the replacement phones also caused overheating. This not only affected the companys market share and position but hit the companys reputation (Hollister, 2016). Shares plummeted so much that it was cut by $17 billion from its market. This left Samsung frantically searching for the reason behind the phones defect. The drop in market value was 8% which was recorded the highest since 2008 (Lee, Kim and Kim, 2016). These phones caught on fire due to battery defects. The battery defects was a result of design flaw. The phone design was not compatible with the battery that was supposed to be fit into the phone. Research reveals that the thin sheets of plastic separating the positive and negative sides had slightl y touched at the edges due to stress hence created a puncture point. This point became least resistant to electric flow and caused the phone to eventually overheat to the point of bursting into flames. Phone industries continue to use lithium batteries despite the risk but lithium battery was not the reason for Samsung Galaxy Note 7 to catch on fire (Tibken and Cheng, 2017). According to Gartner, the worldwide sale of smartphones had increased by 7%. Samsung was No. 1 in Global Smartphone ranking, however after the Galaxy Note 7 incident, during the fourth quarter of 2016, Apple took the No. 1 spot, pushing Samsung to the 2nd position on the Chart (Miller, 2017). Samsung suffered a blow due to the Galaxy Note 7, so it is imperative to be successful with the next new device it introduces to regain its momentum in the market (Titcomb, 2016). Question 4 Every organisation represents and stand by the values that it was founded upon. Similarly, Samsung also represents the values it set when it was founded. It has also set goals which allows the organisation to work towards. Samsung, to be a leading smartphone producer, has taken years of shaping the way the organisation works and made improvements where required such as adopting western ethics and code of conduct. Recently, the Samsung Galaxy Note 7 has caused severe damage and loss to Samsung (Titcomb, 2016). Although its ranking on the global smartphone has fallen from the first to second, the monetary loss and the blow to its reputation was great (Titcomb, 2016). Samsungs incident with Galaxy Note 7 is not reflection of its standards because as mentioned above, there has been events in history of Samsung that caused Samsung loss, both in money and reputation but it is because of its standards it has risen out the troubles. In the incident with the Galaxy Note 7, Samsung has display ed the fact that the company shows quick response to any defects with its products. Samsung acted swiftly when it was notified about its products catching fire (Tibken and Cheng, 2017). Hence in terms of the way the organisation responds is something that should continue not be changed. However, as CEO, it would be necessary to change the testing process prior to launching any product. For Samsung, it just not about just good ideas and new designs, it should be the implementation of that good idea. For example, smartphone producers like Samsung and Apple have been using lithium battery for all their technologies so far but it is vital for them to test it and understand whether the new technology that they have designed is compatible with the battery (Tibken and Cheng, 2017). As CEO, after the Galaxy Note incident, it is essential that Samsung moves forward with technology but keeping into account whether the new technology is compatible with the parts that are not new. As CEO, the workforce should look the way it is but since there are many factors affect work environment, it is essential to take them into consideration. For example, it is understandable that parts of any products are manufactured all around the world, however it is difficult to trace back especially when the product has a defect like how it happened with the Galaxy Note 7 (Mack, 2012). Due to this incident, I would implement a change in the workforce. I would want the testing department to rigorously test components designed and also test after the components that have returned from the foreign country that has built it. Such thorough testing is important in order to not only maintain the reputation of the organisation but also stand firm with the organisations goal to deliver quality products and service. Samsung organisation follows the Korean values which it is founded upon. These values have enabled it to work smoothly within Korea but expand worldwide (Rhyu, 2017). The types of employees that would be hired are the ones that uphold the organisations values. Employees who contributing to make Samsung meet its goals are the sort of employees that would be hired. Employees should be aware of the culture that the organisation is founded upon and must integrate with the organisation. Bibliography Design.samsung.com. (2014). SAMSUNG DESIGN PHILOSOPHY. [online] Available at: http://design.samsung.com/global/contents/samsung_philosophy/ [Accessed 14 Mar. 2017]. Economist.com. (2017). Corporate culture in South Korea Loosening their ties. [online] Available at: http://www.economist.com/news/business/21679214-punishing-work-culture-gradually-being-relaxed-loosening-their-ties [Accessed 13 Mar. 2017]. Fundinguniverse.com. (2002). History of Samsung Electronics Co., Ltd. FundingUniverse. [online] Available at: http://www.fundinguniverse.com/company-histories/samsung-electronics-co-ltd-history/ [Accessed 15 Mar. 2017]. Hollister, S. (2016). Heres why Samsung Note 7 phones are catching fire. [online] CNET. Available at: https://www.cnet.com/au/news/why-is-samsung-galaxy-note-7-exploding-overheating/ [Accessed 14 Mar. 2017]. Kovach, S. (2013). How Samsung Went From A Dried Fish Exporter To One Of The Top Names In Tech. [online] Business Insider Australia. Available at: https://www.businessinsider.com.au/history-of-samsung-2013-2?r=USIR=T#samsung-was-founded-by-byung-chull-lee-in-1938-in-taegu-korea-the-company-started-as-a-food-exporter-in-korea-and-shipped-items-like-dried-fish-and-flour-to-china-1 [Accessed 13 Mar. 2017]. Lee, Y., Kim, H. and Kim, S. (2016). Samsung Market Value Plummets $17 Billion on Note 7 Sales Halt. [online] Bloomberg.com. Available at: https://www.bloomberg.com/news/articles/2016-10-10/samsung-crisis-raises-prospect-note-7-could-head-to-scrapheap [Accessed 13 Mar. 2017]. Lim, B. and Park, K. (2012). The Success Story of Samsung Electronics: How It All Began | Samsung Official Blog: Samsung Village. [online] Samsung Official Blog: Samsung Village. Available at: http://www.samsungvillage.com/blog/2012/06/01/samsungblog-the-success-story-of-samsung-electronics-how-it-all-began/ [Accessed 15 Mar. 2017]. Mack, E. (2012). Are any smartphones not made in China?. [online] CNET. Available at: https://www.cnet.com/au/news/are-any-smartphones-not-made-in-china/ [Accessed 15 Mar. 2017]. Martin, T., Cheng, J., (2017) Samsung heir Lee Jae-yong spiral to bottom Wall Street Journal in The Australian URL: http://www.theaustralian.com.au/business/wall-street-journal/samsung-heir-leejaeyong-spiral-to-bottom/news-story/f39e503332b7cb1b8b5db302c2ac7c67 (accessed 22/2/17). Mathew, A. (2012). Samsung Story History, Founder, Founded, CEO | Conglomerate Companies | SuccessStory. [online] Successstory.com. Available at: https://successstory.com/companies/samsung-group [Accessed 15 Mar. 2017]. Miller, C. (2017). Latest Gartner data shows Apple edge out Samsung in market share during Q4 2016. [online] 9to5Mac. Available at: https://9to5mac.com/2017/02/15/samsung-loses-market-share-to-apple-in-q4-2016/ [Accessed 12 Mar. 2017]. Murillo, D. and Sung, Y. (2013). Understanding Korean Capitalism: Chaebols and their Corporate Governance. ESADEgeo-CENTRE FOR GLOBAL ECONOMY AND GEOPOLITICS. [online] Available at: http://Understanding Korean Capitalism: Chaebols and their Corporate Governance [Accessed 16 Mar. 2017]. Nytimes.com. (2013). From Fish Trader to Smartphone Maker. [online] Available at: http://www.nytimes.com/interactive/2013/12/15/technology/samsung-timeline.html?_r=1 [Accessed 15 Mar. 2017]. Rhyu, S. (2017). Confucianist Culture and Institutional Change: the Growth and Reform of the Korean Chaebols |. [online] Georgetown Journal of International Affairs. Available at: http://journal.georgetown.edu/confucianist-culture-and-institutional-change-the-growth-and-reform-of-the-korean-chaebols/ [Accessed 13 Mar. 2017]. Robbins, S. and Coulter, M. (2012). Management. 11th ed. New York: Pearson Education. Stephen, K. (n.d.). Chaebol Structure. Hanyang University. [online] Available at: https://www.google.com.au/url?sa=trct=jq=esrc=ssource=webcd=4ved=0ahUKEwjFlMbb7fPSAhVO42MKHUg_DbQQFggsMAMurl=http%3A%2F%2Fwww.kasba.or.kr%2Fezboard%2Fdownload.php%3Fmode%3Ddown%26UID%3D115%26idx%3D1%26BID%3Dboard09%26GID%3Droot%26sysop%3D%26fm%3D%26BType%3D%26ListMax%3Dusg=AFQjCNG7C_C-7QU9U9MdlNEgCoeKRM5Gzwbvm=bv.150729734,d.cGccad=rja [Accessed 15 Mar. 2017]. Tibken, S. and Cheng, R. (2017). Samsung answers burning Note 7 questions, vows better batteries. [online] CNET. Available at: https://www.cnet.com/news/samsung-answers-burning-note-7-questions-vows-better-batteries/ [Accessed 12 Mar. 2017]. Titcomb, J. (2016). Samsung and Apples grip on smartphone market slips to less than one in three sales. [online] The Telegraph. Available at: http://www.telegraph.co.uk/technology/2016/11/17/samsung-and-apples-grip-on-smartphone-market-slips-to-less-than/ [Accessed 14 Mar. 2017]. 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Physics of the Golf Drive Essay -- physics sport sports golf

This paper examines the physics involved in driving a golf ball off the tee. The objective of a drive is to achieve the greatest distance while leaving the golf ball in the middle of the fairway. Several factors will be considered in achieving the longest, and most accurate drive. The factors include calculating the velocity of the golf ball after the club and ball collide, the mass of the club head, launch angle, the shape of the club face, and finding the optimal golf ball. Intuition tells us that the larger the velocity of the club head at impact with the golf ball, the larger the velocity of the golf ball after the impact. To calculate the velocity of the golf ball we need to consider the relationship between the velocity of the club head to the velocity of the golf ball. If the collision between club head and ball were elastic we would be able to use Conservation of Mechanical Energy and Conservation of Momentum to determine final velocities of club head and ball after collision, but the golf ball undergoes some deformation at time of impact, thus some energy is lost. A simple test of bouncing a golf ball on a solid surface shows that the golf ball does not return to it's initial height. The elasticity of a ball (e) is equal to the proportion of the velocity before collision to the velocity after collision. If the collision was elastic, e = 1. If the collision was perfectly inelastic, e = 0. The value of e is between 0.70 and 0.80. In order for there to be a collision the initial velocity of the club head must be greater than the initial velocity of the golf ball. Also for there to be separation, the final velocity of the golf ball must be greater than the final velocity of the club head. Thus the eq... ...ar Application to Golf.† The Physics of Sports. By Angelo Armenti, Jr. New York: AIP Press, 1992. 71-76. 2 Daish, C. B. The Physics of Ball Games. London: English Universities Press, 1972. 3 Kim, Kevin. Shut Up and Play. 23 Nov. 2002 . 4 MacDonald, William M., and Stephen Hanzely. â€Å"The Physics of the Drive in Golf.† American Journal of Physics 59.3 (1991): â€Å"213-218†. 5 Penner, A. Raymond. â€Å"The Physics of Golf: The Convex Face of a Driver.† American Journal of Physics 69.10 (2001): â€Å"1073-1081†. 6 - - -. â€Å"The Physics of Golf: The Optimum Loft of a Driver.† American Journal of Physics 69.5 (2001): â€Å"563-568†. 7 Serway, Raymond A., Robert J. Beichner, and John W. Jewett, Jr. Physics for Scientists and Engineers. 5th ed. Philadelphia: Saunders College Publishing, 2000.

Capitol Punishment Essay :: essays research papers

An often-heated debate is that of capitol punishment. This is tricky subject though since so many people have troubles deciding for themselves where to draw the line with their morals. Some people say that killing in any form is absolutely wrong. Some people agree that killing is wrong, however, if one person kills another it is what they deserve. Both views are quite respectable. The Old Testament does in fact say â€Å"an eye for an eye.† Thus, the punishment should fit the crime. If a person sees fit to take another person’s life away from them, theirs should also be revoked. People that act and kill like animals should be treaded the same way, and put to sleep like dogs that are vicious. The death penalty does not apply to people. People have hearts and souls and emotion. This penalty only applies to heartless, savage animals. A quote from a famous song is â€Å"a boy who kills has no heart, a boy who kills can not love†¦Ã¢â‚¬  Thus, anyone who has neither heart nor the capability of love should be put to death because they are no use to society. Also, this is only a punishment for those who have murdered. These convicts, though the do not deserve it, are killed in the most humane way possible. They are killed by lethal injection. In the past ten years nearly five hundred men have been executed in the United States. All these were puni shment for murder. The American policy on executions is far more civilized that some other countries, in which death is the punishment for drunk driving or use of illegal drugs. Firing squads, gas chambers, and hangings are pretty much never used any more, however electrocution is still used solely in two states. Those two states do not even give the option of lethal injection. Families often call for the death penalty because their sibling/child had no right to die. Since this person took their life, the family should have the right to lawfully take the murder’s life. However, life in prison is not enough, because they have an opportunity to leave on parole, and the thought of these murderous monsters being released into society again horrifies these families, thus they call for execution. On the other side of the spectrum, killing is immoral and wrong in every way shape or form. How does your point get across not to kill if violence is the solution to your problems?

Our Daily Life Essay

I have encountered so many things in life; all of them seem to be related to me. In this reflection that you’ll see is all my experience in life that is changing every day. I know I’m not a perfect person but I will share this to you (all readers) to reflect it, not just me or the person beside you. I have this persons in my mind that I want to share, first of is my cousin in my father side; his name is Nunoy â€Å"Nuno† Lapasaran. He has this kind of sickness that he will bring to himself to the future, he is a Special Child. Every day I’m at his house also my father’s house, all day I’m always playing with my other cousin. I recognized his movements every time I go there, he always wearing girl’s clothes for short he is a she. He always flirts on every guy that passes by, even our cousins there. He can also fight other if he’s in danger. This is my observation to his condition; although he is got that sickness, he adopts slowly, it is good news for us. And we are family we protect each other wherever you are, whatever you are and we never broke our bonds to each other. My next subject but the same topic is also my cousin in my mother’s side; his name is Joriz Rosimo. This little guy is really hard to play with because he always pounding us with his fist and always spitting like an ordinary special child will do. To tell you the truth I got carried away with emotion and I just spank his butt, of course he cried out loud and my Tita heard it, and I got rebuked by my Tita and my mother about what I did. For that I just endure all the punches that he will throw at me. I learned many things from it and got to used it in my life right now. To endure all the big problems that will come at me and solved it with my family. I’m not alone in this life, there my family caring, loving us every day. And this is my last reflection to myself. I realize that Every Child is Special, just love them don’t hate them, care for them not to abuse their sickness, teach them, learn from them. I hope that I delivered this reflection very well and to God be the Glory.