Masque of the Red Death By Edgar Allen Poe

Edgar Allen Poe â€Å"The Masque of the Red Death† 1) What does each color in each room mean? These colors represent the seven deadly sins which are laziness, lust, gluttony, greed, pride, anger, and covetousness. The colors can also represent the seven stages of man starting from birth, toddler age, childhood, teen age, middle age, old age, and lastly death. Blue is birth, Purple is royalty and power, Green is growth and life, Orange is destruction, White is purity, Violet is knowledge and memory, and Black is death. ) Why do you think Poe arranged the apartments in this manner? The way Prince Prospero arranged the rooms is very peculiar. He did it from east to west according from when the sun would rise to when it would set. When the sun would rise it would mean birth and when it would set death. Just like the rooms blue was on the east so it would mean birth and black being on the west meaning death. 3) What do the colors add to the suspense in the story?The colors add cert ain suspense to the story because we do not have a meaning to them. They give you a mysterious out look towards what can happen next. We obviously have the idea that the black room means death and that someone will eventually die. 4) What does the ebony clock represent and what in the story leads you to this conclusion? It represents every hour that they live past the Red Death or until it comes since they cannot escape it. The fact that the clock is ebony meaning black it symbolizes the color of death.So we can come to the conclusion that sooner or later someone is going to die. 5) Why does the ebony clock reflect Poe’s personal life? It reflects his personal life because Poe had a lot of deaths happen in his life, starting with his parents when he was young. These deaths were all related because at that time tuberculosis was the main cause of death. Reading his biography we soon see that all his loved ones died from tuberculosis. Although it is not clear of what he died fro m.

Cry of Sodom

As indicated in the first part of the article, Nicholas Sensions settled in Connecticut in 1640 (Richard Godbeer, 1995). Eventually he established good relations in the community, since it was also stated that he settled down five years later, and founded a profitable enterprise in the community (Godbeer, 1995). At first glance, nothing outstanding seems to elevate itself from the norm.But what is empahtaically pointed out are the episodes of attempted attacks of Sensions against the male folk in the community for the act of sodomy (Godbeer, 1995). Apparently, the advances by Sensions were no isolated case, as the witnesses aver that the attempts were done over a 30-year span (Godbeer, 1995). What can be seen from the article? What draws one immediately is the topic itself, of a man attempting to have deviant sex with men in the community.But if one were to dig deeper, one could surmise the fact that people such as Sensions can lurk in one’s community virtually unnoticed. In t oday’s society, people are unaware that a sexual predator has invaded their communities with nary any notice. People such as Sensions have gotten too ensconced in the community that their real motivation in the area will go unnoticed until such attacks occur.People can hide under the cloak of â€Å"acceptability† then proceed to launch their nefarious acts against the very community that accepted them. The propensity of the act then by Sensions drew such an outburst that the court did not have a hard time to locate witnesses (Godbeer, 1995). In the same way, today’s society should also respond in like kind when these predators come into our communities. Reference Godbeer, R. (1995). The Cry of Sodom: discourse, intercourse, and desire in colonial New England. The William and Mary Quarterly

Marketing Essay Example | Topics and Well Written Essays - 2250 words - 18

Marketing - Essay Example On the cultural side, the era of library and paper books is quickly fading away. People today live busier lives and believe that they have too much to catch up on. Therefore, the â€Å"gadget culture† is prevailing where people conduct almost all their operations and duties with their cell phones, laptops, tablet devices and others. From booking an airline ticket to sending a birthday card, from shopping for grocery to ordering a pizza, from reading the newspaper to watching movies, everything is now happening online. This online or e-book mindset will further support such companies. The economic environment, which can be characterized by economic recession and its continued impacts, is dampening the sales of books. The statistics for the first half of the year 2011 reveal that book sales and volume have been decreasing even the export of books from UK is also on decline. In the midst of this recession, the digital book sales are growing at an exponential rate. To be exact, the growth for the first half of the 2011 for digital book sales was over 37 percent compared to first half of 2010. The total size of the digital market now stands at 180 million pounds which now represents over 7 percent of the total book sales (digital and physical combined) in the UK. Another important development for Waterstones in the political-legal front is the fact that the government seems enthusiastic and determined to stop any online piracy.

IT Project Management, case study business report Essay

IT Project Management, case study business report - Essay Example The target of the new E-Health strategy was to provide the right care to the right patient, by the right physician, at the rite time to deliver the right outcome. The idea was to use integrated care systems, virtual electronic patient records and electronic communications to provide better services to the patients. The execution of this strategy was a big challenge keeping in mind the scale and complexity of the issue. Achievement of same standards and quality throughout the country sought proper project management and constant monitoring. Moreover the resources needed to achieve the required results were also a concern. A lot of technical infrastructure, skill set and knowledge base were required. 14 territorial NHS boards, 8 special NHS boards, all hospitals, and all the GPs including community care services were the stakeholders to the program. To help with the challenges, the Scottish Government formed a new e-Health Directorate with the prime responsibility to manage and guide t he e-health program including strategy formulation, resource acquisition, resource deployment, and strategy implementation. The Scottish Government Health Department worked with the collaboration of the Deloitte to implement an e-health program all over the country to achieve the required results which also meant considerable improvement in health department. The project proved to be a major success. The case study then carries on with the reasons and stimulators of success, as described by the involved personnel. The purpose of this paper is to study the reasons in detail, analyze these reasons, identify the key knowledge areas, describe their relation to success, and prioritize these knowledge areas based upon their effectiveness. Key Knowledge Areas Project Integration Management Project integration management involves the processes and activities needed to identify, define, unify, and communicate the project processes and project management activities. Activities of project mana gement which can be directly related to integration management include unification, consolidation, ratification and integrative actions. These actions are quite crucial to project success and completion within the right framework (Boddy & Boonstra, 2005). The e-Health program had a vast scope and there was a huge degree of complexity. The program had to be carried out on a national level and the targets of the new strategy included standardization. The achievement of such kind of targets on a national scale requires accurate and timely use of integration management. A lot of stakeholders involved in the program, mainly the practitioners, the service providers and the authority departments. The scope and autonomy of each department was interrelated, and this meant that the boundaries of responsibility and authority had to be clearly defined. Moreover proper communication channels were vital to the success of the project. Coordination of objectives, responsibilities and resources had to be carried out on a huge scale. All these required dimensions fall with in the scope of Project Integration Management. Project Scope Management The first step of a project is to define its objectives. The objective of a project then determines the resources, processes and figures involved in the project. The inputs and outputs of a project have to be determined in detail and all the needed processes to reach the outputs are

Workplace Spirituality Thesis Example | Topics and Well Written Essays - 4500 words

Workplace Spirituality - Thesis Example The findings of the study showed that the main challenge of adopting spirituality is that employees are not aware of the difference between spirituality and religion. In addition, expression of spirituality can only be achieved through the management's intervention. It is the most important factor because without the management's initiative to set clear guidelines on how employees can express their belief and promote spirituality; employees would continue to function as they do. With the adoption of spirituality, each employee would be recognized and diversity would be accepted, thus increasing job satisfaction and productivity. Interest in the concept of workplace spirituality continues to gain traction, as spirituality is taken into the context of connecting with one's inner self and the other people around him (Ashmost & Duchon, 2000). The conquest towards spirituality is not tied to incorporating religion onto the workplace or enforcing individuals to adopt a religious mindset. I n workplace spirituality, the concept of spirituality focuses on creating meaning out of work and finding the underlying purpose that forms the bond between the company and its employees (Ashforth & Pratt, 2010). Workplace Spirituality is referred to a culture in an organization wherein individuals are encouraged and empowered to search for purpose and meaning in the work they perform in light with one's physical and mental presence. It is in line with an employees' interest in connecting with each other and form a bond as a community (Besk & Jessup, 2004). Workplace spirituality is geared towards a harmonious environment in an organization, of people working together towards a common goal. It is important to note that the concept of workplace spirituality does not specifically cater to traditions or practices that have been organized. It is beyond the context of theology, wherein one leads as a spiritual guide among individuals. In truth, workplace spirituality focuses on the recog nition of each individual in a community under an organization (Cragg, 2000). The challenge in tapping spirituality in organizations is that it didn't used to exist in work management. Productivity models that are adapted in the workplace are directed towards efficiency without the necessity to be concerned of other people's welfare. In that regard, most organizations do not pay heed to an individual's inner life as common conception dictates that personal beliefs are to be separated from work (Besk & Jessup, 2004). However, it is important to note that studying human emotions help in expanding our knowledge and comprehension of the reason behind people's actions and the manner in which they act. In essence, tapping one's inner spirituality helps an individual understand others better in terms of behavior, thus leading to greater productivity and efficiency (Ashmost & Duchon, 2000). Research Problem The researcher intends to determine how the adoption of spirituality affects the wor kplace. Research Questions 1. What are the benefits of adopting spirituality in the workplace? 2. What are the challenges in adopting workplace spirituality? 3. How does workplace spirituality influence employee performance? Significance of the Study The present study is being conducted to identify the challenges and benefits of adopting spirituality in a work place setting. The researcher chose Convergys (a call center) in the United States to assess in terms of the impact of workplace spirituality is because this organization functions on a collective effort to attain the organization's goals. In addition, the type of job of most

I Am the Good Shepherd Essay Example | Topics and Well Written Essays - 1250 words

I Am the Good Shepherd - Essay Example In response Jesus passed judgment on the Pharisees and on the temple itself. Later Jesus and his disciples see a man who was blind from birth. When the disciples asked Jesus if it was the sins of this man or his parents that made this man blind, Jesus responded by saying that neither of this was the case and that this man was born blind so that God’s works might be displayed in him (Jn 9:3). Jesus then restores the sight of this man, thereby giving a sign that bears witness to his claim of being the light of the world. This sign pointed to something beyond itself to reveal who and what Jesus was and what he habitually did (Morris 1989). The Pharisees however condemn this act and state that this man was born in sin (Jn 9:34) which was in complete opposition to what Jesus had said that neither this man nor his parents sinned. They continued to question the man who was healed from his blindness about the manner in which Jesus healed him and tried to disprove that Jesus was sent f rom God. The Pharisees then threw out the blind man from the temple whom Christ had healed (Jn 9:34). Hearing about these discussions Jesus condemns the Pharisees and accused them of being spiritually blind – a condition that is far worse than being physically blind. In John 10 Jesus puts the events of John 9 into perspective by stating that He is the good shepherd who is willing to lay down his life for His sheep. Jesus calls himself as the good shepherd who operates with love and compassion to meet the needs of people and contrasts it with the Pharisees whom he identifies as the evil shepherds who have consistently worked to scatter the sheep of God by their rigid religious rules and regulations, preventing people from encountering the love of God. Jesus separates himself from religious teachers as he invites people to enter into a deep personal relationship with Him as the chief shepherd who takes care of their needs and lays down His life for their eternal salvation (Whit acre 1999) In John 10, Jesus portrays a scene from the village where shepherds take care of their sheep to illustrate the relationship He has with His children. The shepherd has a distinct voice and calls each sheep by its name, which the sheep are familiar with. On hearing this call the sheep can easily separate themselves from the rest of the flocks and follow their shepherd. The sheep respond only to the voice of their shepherd who typically walks ahead of the flock, guiding them to green pastures and protecting them from any possible danger. Jesus says that He knows His sheep and His sheep know Him (Jn 10:14). He also contrasts the good shepherd who promises a life of abundance with the thieves and robbers who are out to steal, kill and destroy the sheep (Jn 10:7). He goes on to contrast the good shepherd who will risk his life to protect his sheep with a hired man who would leave the sheep behind and run away when a wolf comes to attack because he does not care about them (Jn 1 0:12-13). In the Old Testament, leaders like Moses and David were often referred to as shepherds. Ps 77:20 records that â€Å"you led your people like a flock by the hand of Moses and Aaron†. Again, in Ps 78:70-72 and Ez 34: 23 David is referred to as a shepherd who tended the people of Israel with integrity of heart and skillful hands. Ps 23 is one of the well known scriptures in the entire Bible which portrays the image of

The Effects of Globalization on the Future of Adult Learning Article

The Effects of Globalization on the Future of Adult Learning - Article Example As the world continues to shrink into a smaller global village and become more interconnected, education will continue to play its crucial role in the transition to the contemporary post modern global society. Although the practice of Adult education evolved in the United States, it has inevitably spread to the other parts of the world. For example globalization has enabled the US model of adult education as well as the educational philosophies to spread to the other parts of the world and consequently many institutions offering adult education in different regions have revised their strategies and policies regarding the practice of adult learning. Similarly the adult education curricula of most universities are now being redesigned to meet the demands and challenges of a globalized world rather than their respective countries. According to Merriam and Brockett (1997),â€Å"adult learning generally refers to educational practices which are designed to bring about learning and person al development to those belonging to adult social group in the society†( p.8).The practice of adult education is currently facing a number of challenges in the global society and globalization has not only increased pressure on the contemporary institutions of higher learning to conform to the global demands but has also increased employment opportunities to the global markets. With regard to the fact that most countries of the world are rapidly adopting free market economies, education is currently seen as one of the critical elements of achieving business success and national competitiveness particularly in the global labor markets (Boeren, 2011, p.376). Another important impact of globalization on the practice of adult education is attributed to the fact that globalization has resulted in various social injustices and consequently the future practice of adult education must take into account the ways through which these social injustices can be addressed. Many analysts also concur that some of the common ways through which globalization is affecting the current as well as the future practice of adult education includes increasing pressure for changing curricular of adult education, through labor and economic markets, elimination of various national languages from adult educational programs in various countries as well as through the increasing us of English language as the primary language of instruction. This paper critically analyze the potential effects of globalization on both the current and future of adult education with particular focus on how the practice of adult education in America has impacted on learning across the globe. How cultural and global issues are affecting the practice of adult education There are several cultural factors as well as global issues that have a significant impact on the current as well as the future practice of adult education. For example some of these cultural and global issues have resulted in the need to change the overall purpose of the practice of adult education itself. Whereas previously adult education was primarily designed to meet social objectives, globalization has shifted this purpose and adult education currently geared towards meeting the demands of a competitive global economy and sustainable development ( Gacel-Avila, 2005, p.122). Consequently this has forced educators to redesign their educational curricular to

Chemical engineering course work in clean process technolgy Coursework

Chemical engineering course work in clean process technolgy - Coursework Example Nuclear energy provides a carbon free alternative to fossil fuel, but after the Fukushima disaster in 2011, the acceptance of nuclear plants has become very difficult. Most new generating plants will continue to be based on fossil fuels. A study by BP plc., titled â€Å"Energy Outlook 2035†, quoted by Mark Webster, shows that over the next 20 years CO2 emissions from the non-OECD region will grow as shown in Figure 1 (Webster). The chart shows that CO2 emissions from the OECD countries would level off at the levels prevailing in 2013 but the emissions from the non-OECD countries would rise rapidly. The red line marked IEA 450 is the target of 450 ppmv (parts per million volume) of CO2 concentration in the atmosphere that the International Energy Agency considers as the absolute upper limit to prevent a temperature rise exceeding 20C. This is considered the upper limit of temperature rise to prevent disastrous climate change (Webster). The vast majority of these new power plants will be coal fired since coal is the most abundant fossil fuel. A coal plant has an operating life of about 50 years and the need is for a technology that can be retrofitted to existing fossil fuel power plants to capture CO2 emissions from the flue gases before they are emitted into the atmosphere. Post-combustion chemical absorption technology is the most promising of the carbon capture technologies presently available. Carbon dioxide emissions also occur from many other industrial processes other than power generation. These include steel mills, cement plants and oil refineries. Post-combustion chemical absorption technology can be readily applied to these industries as well. The schematic diagram of the post-combustion chemical absorption process is as shown in Figure 2 from a presentation by Dr. Stanley Santos of the International Energy Agency. The flue gases

Principles and Practice of Leadership and Management in a Learning Essay

Principles and Practice of Leadership and Management in a Learning Disability Context - Essay Example It is common for these individuals to have some extra needs in care and communication, and helping them reduce stress and feel comfortable is one of the major responsibilities of their caregivers (Clements 1987). It is normally necessary to have the disabled people live in areas where they have easy access to both medical and psychological care. This is mostly done in institutions or in the context of the community (Turnbull 2004). Consequently, it is the responsibility of those charged with managing institutions that care for these individuals to put in place measures that ensure that these people are awarded the most conducive atmosphere with as little discomfort as possible (Dalby & Knifton, 2012). During my training as a learning disability nurse, I have been to various institutions and have met varying management styles. In analyzing the qualities a manager should possess, I will first review two different institutions and their managers to try and draw out the reason why manage ment is an important factor in the success or failure of these programs. A success story One of my initial placements took me to an institution caring for people who needed psychiatric care. On getting to the facility, I was introduced to my supervisor who took his time to introduce me to all members of staff, a situation that helped me feel welcome. I was then handed a set of papers that outlined what was considered best practices in the institution, and was informed that the first item on my itinerary would be to attend a two hour seminar where I would be brought up to speed with the requirements the managers set for all the staff at the institution. I was impressed with the level to which the management went to ensure compliance with the best practice guide, and immediately understood why the institution was ranked among the best in psychiatry care in the country. The manger had set guidelines which he insisted strict adherence to. The seminar was supposed to; Plant a deep workin g knowledge of all issues regarding psychiatry. In this aspect, one was always encouraged to consult with their peers or those senior to them in case they encountered a situation or issue they were not familiar with. Explore how difficulties in communication were manifested in the mentally disabled, and how to make the best out of whatever channels were available to communicate with the patients in an individual level. To educate the staff on consent and capacity issues with respect to people with psychiatric needs and on how best to navigate around the issues Inform the managers and support staff on the resources available to them in the hospital, and on other organizations that offer psychiatric services. The manager was a stickler to detail and insisted on the highest levels of discipline. He led by example in implementing the guidelines on treating people with learning disabilities as equals. In my early days, one case stood out that engraved the importance of having staff and d epartments organized in a conveyance belt model for service provision as spelt by Gates (2009). In the witnessed case, an emergency rescue team had called in on a patient who had recently been discharged, but who had had a recurrence, was physically aggressive and had inflicted some injuries on her body which needed a minor surgery. Since the institution

Concerns Regarding Both the Understanding and the Use of Culture Essay

Concerns Regarding Both the Understanding and the Use of Culture - Essay Example This research will begin with the statement that the world economy has grown in recent years. International trade has been the motivating force behind it. But with the more recent technological developments as well as reduced trade blockades, growth in trade is definitely on the rise. Developing countries have also stepped on this bandwagon, extracting the best out of their own respective economies through trade internationally as well as locally - within the country. The integration of trade into the world economy has really proved helpful for the developing countries as they can promote economic growth, development as well as poverty reduction within themselves. Further, the companies which are ready to use upgrade their human resources regimes are thus the ones who have found success in all relevant quarters of their business. With this necessary incorporation, they have been able to look at the ethical side of things as well since the moral grounds have been set in a proper manne r and there are as such no apprehensions to state the least in the present times. A business can move from a position of stability to one of a complete unstable stance as it acquires different means of gathering the market and its driving factors that come along with it. The firm has to change its position with the changing times otherwise it will literally vanish away from its competitors and more so the customers, for which it actually exists.

Slavery and Civil War Essay Example for Free

Slavery and Civil War Essay For a long time a controversy has existed amongst historians regarding slavery as a cause for the civil war. A large number of Northern writers agreed with President Said James Ford Rhodes that slavery was the singular cause of civil war and but for slavery there would have been no civil war at all. The annexation of new territories of Texas, Oregon and Mexico were the source of all trouble because whenever the question of entry of any state to the Union came up before the Congress, both Northern and Southern states tried their level best to ensure its entry as a free or slave state respectively. Wilmot Proviso might have exploded the situation but was again saved by the compromise of 1850. As someone rightly pointed, ‘the compromise of 1850 was merely a lull which foreshadowed the coming of a storm’. This situation was further provoked by the Kansas-Nebraska bill. It re-opened the question of slavery. One of the immediate of the passage of the bill was that a struggle started between the free and slave states over the control of Kansas. The Lecompton Constitution 1857, the Dred Scott decision 1857 were the later incidents that involved the slavery question and led to civil war. Right from the start of Civil War pressure had been exerted on Lincoln to declare the war as a crusade for the abolition of slavery. To win the support of the liberal opinion in Europe, Lincoln issued his Proclamation of Emancipation on September 22, 1862, in his capacity as Commander-in Chief of the Army. It was declared that ‘on the first day of January A. D 1863, all persons held as slaves within any state or designated part of a state the people whereof shall then be in rebellion against the United States shall be then, thenceforward, and forever free. ’ No doubt, the abolitionists were insulted, attacked and persecuted, but they carried on their activities. All these actions and reactions did arouse the conscience of the people and in the north they stood up to defend them. The Abolitionists followed different methods, which resulted in split of the organization. The extremist group known as Garr achieved their objective. The other group known as liberty Party Men; was composed of moderates and believed in constitutional methods. They wanted to get into the Congress, control the presidency and bring about the desired reforms. They put up candidate in the4 presidential election of 1840; though they could not get him elected. 13th Amendment also paved the way for civil war. It was not the same 13th Amendment that we have today but this amendment preceded the Civil War, was adopted in February 1861. This version was adopted for an utterly dissimilar purposeto guarantee the validity and perpetuity to the institution of slavery in the Southern slave states, rather than to abolish it. This amendment was aimed at to guarantee to preclude Civil War. But the opposite happened. Another factor that contributed toward the intensification of civil was black soldiers. In 1862, President Lincolns Emancipation Proclamation enabled for African Americans to recruit in the Union Army. There was an earlier desire on the part of the African-American to join the war, but were negated to enlist in the army due to the secession fear of the bordering states. However after the Proclamation hundred thousands of black soldiers joined the army and their number mounted to approximately 180,000. From the above discussion, we can conclude that it would be fully an erroneous view to hold that slavery was the sole cause of the civil war but it is right to conclude that for slavery there would have been no civil war.

Trends In Organizational Behavior Essay Example for Free

Trends In Organizational Behavior Essay Business ethics embodies a particular manner of how ethics influences decision-making. It normally affects a company’s management by virtue of ethical expectations, both inside and outside the company. Management decisions are also constrained by the awareness of ramifications that result from a lack of ethics (Boyd, 2004, p. 35). This is the primary reason that most companies have adopted or established internal ethics codes for the compliance of all employees. The manager of today is challenged to meld the demands of the organization and the needs of the individual worker into a functioning whole. Education in today’s work environment will be successful if we formulate activities that are engaging as much as they are educational, and if we adapt to new technologies that will help complement classroom interaction. Drive and resilience are especially important when someone sets out to do something no one else has done or when that person faces setbacks and failures. Ethics in the workplace can involve people who negotiate and face situations in their work or dealings with other people in which ethical dilemmas arise. The individuals in these cases are faced with ethical questions in their relations with customers, employees, and members of a larger society. More often than not, the answers to these questions are difficult because it involves weighing of values. Conflicting values in a given situation are not capable of compromise. One has to choose one over another. Sometimes, the ethically correct course of action is clear, and hopefully individuals act accordingly. But the answers are often not simple. The dilemma is most commonly presented when ethical concerns come into conflict with the practical demands of business. This ties up with learning, just as importantly since this involves self-examination from the employees and up the organizational chart, seeking for strengths and maximizing it, zooming on mistakes and inefficiencies and eliminating or minimizing them, and after every step of improvement, includes patting everyone involved at the back and rewarding them for a job well done. If the managers knew what makes their employees unsatisfied and unhappy, they can offer more to the existing and incoming batches of employees. Again, as stated early on in the paper, it all boils down to responsibility. As Kimmel mentions, â€Å"Being responsible for a â€Å"piece of work† requires an employee to have a strong sense of self-direction and work. It needs a willingness to take personal responsibility for getting a piece of work done† (Kale, 1996). But for the true self-directed employee, this can be pure bliss. Responsibility is the key word here for these individuals, whether male or female, are also good team members. Technostress is a new term coming up these days in reaction to technology and how or lives are changing due to its influence. For several years now, as technology has become an increasingly prevalent part of our lives, technostress impacts people’s lives, their family and their work environment. Because technology lets us do so much, today we take on too much and end up feeling overwhelmed and never finished. We feel invaded by technology on all fronts, ringing of cell phones, incoming faxes and those of others around us. We tote our laptops on vacation and bosses expect employees to be connected to them as often as possible. Thus, personal and work boundaries are blurred. With technology, we have come to embraced all the concomitant stresses that go with it. (Mueller 2001) maintains that workplace stress has increased as technological advances have increased. He reveals that workers are now allowing workplace stress to invade their personal lives. As an example, he further opines that the working women in the UK think that the new technology makes their lives even more hectic. The advent of mobile phones and email have left women feeling under greater pressure to juggle work and home commitments, leaving less time for themselves. As a result, a growing number of career women are suffering from what has been dubbed frantic life syndrome. From the viewpoint of managers, technology is attributed to the profits gained. Thus, when these dont happen, the easy way out is to claim that it is the workers fault. That technology investments do not reliably produce benefits is well established, as is the interpretation that the problem lies in management and computer industry strategies rather than the workers utilization One needs to know that the productivity paradox or shortfall is a general problem, and not just at the workstation (Mueller, 2001).   In order to avoid this technostress, people need to establish some boundaries between work and home. Technology may allow you to work at home, but this in effect makes it more difficult to get away from work.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The process of learning anything new means that one is open for growth. Growth brings changes. Negotiating is a learning experience and the result, if one really works at it, is growth and change. It is a sense of personal readiness to try something new, to experiment, to take the risk—possibly to get a lot of benefits, possibly to fall on one’s face. Both are realistic possibilities. Yet each time one negotiates successfully, one build confidence to tackle situations that are more important. It may take time before one begins to feel capable of negotiating. But when one finally learns that there is no need to passively accept the things that happen, that can help change conditions and improve situations such that events will seem much less overwhelming.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   REFERENCES Boyd, M. W. (2004). Business Ethics for Unseasoned Entrepreneurs: Trends and concerns for professionals and stakeholders. Proceedings of the Academy of Entrepreneurship, 10(1), 33-36. Kale, S. (1996). How culture, organizational culture and personality impact buyer-seller interactions. In P. N. Ghauri J. -C. Usunier (Eds.), International business negotiation (pp. 21-137). Oxford, U.K.: Pergamon. Mueller, J., (2001) Technology and Stress. Stress News,   July 2002, Vol. 13 (3), International Stress  Management Association. University of Calgary. Alberta, Canada. Retrieved Jan. 8, 2007 at: http://mueller.educ.ucalgary.ca/TS2001/

The Issues Faced In Product Feasibility Commerce Essay

The Issues Faced In Product Feasibility Commerce Essay This chapter will discuss the proposed product of the proponents. It includes a product description which highlights the special features, benefits and advantages of the product. A detailed product specification will be discussed to better describe the proposed product of the proponents. It will also include the raw materials, equipments and technology to be used in the production process. Product Description Product Name: ZILI Plus ZILI Plus is an herbal food supplement made from grinded cayenne pepper. Cayenne pepper is one of the most powerful herbs in the world because of its benefit to human body. It is made out of vegetable capsules which has the highest concentration of Capsaicin among other pepper herbs. Capsaicin, a compound found in Cayenne pepper, stimulates blood circulation and digestion. It contains Vitamins A and B complex as well as Vitamin C and K. The herb contributes significantly to a healthy heart and strong peripheral circulation. It contains mineral compounds that promote systemic cleansing, increase peripheral circulation, and promote overall health and well-being. The health-related history of cayenne pepper began with traditional Indian Ayurvedic practitioners and was later used in Asian countries like China, Japan and Korea. The vitamins, minerals, and compounds found in cayenne pepper work to cleanse the system and promote overall health and well-being. N-S-P-P-USP MODEL Need: General: Treatment for health conditions such as poor circulation, weak digestion, chronic pain, sore throats, headaches and toothaches. Digestion: used to reduce weight, stimulates body metabolism, stomach cramps, acidity, reflux and gas, and helps regulate digestion of carbohydrates, used as a remedy for constipation Circulation: maintain blood sugar levels, improve blood circulation, improve heart functions and prevent heart diseases. Muscle pains: Provides relief to rheumatic, joint, and arthritis pains External uses: use as a powerful coagulant (stops bleeding), wound-healing, disinfectant, USP (Unique Selling Proposition): It contains highly concentrated capsaicin found in no other herbal products; Used in cleansing the digestive tract and helps peripheral blood circulation. ZILI Plus as a Food Supplement: Maintains a healthy digestive system Cayenne pepper stimulates digestive system function. It helps to cleanse the digestive tract and to reduce gas buildup. Cayenne also stimulates gastric juice output and acts as a natural digestive agent. Maintains healthy circulation Cayenne pepper helps support healthy circulation and in particular, cayenne pepper helps to increase peripheral circulation. Cayenne pepper contains vitamin E which acts as an antioxidant that keeps the heart healthy. It also contains Vitamins C and K. These nutrients are associated with healthy blood circulation. Enhances metabolic efficiency ZILI Plus is made up of Capsaicin, an important alkaloid in cayenne pepper. It helps boost energy released by the body and therefore increases metabolism rate. Strengthens the immune system Cayenne pepper is one of the best sources of vitamin C and is often used to stimulate intense sweating. Cayenne pepper also contains folic and Para-benzoic acids, plus vitamins A and B-complex. Enhances the efficacy of other herbal and nutritional supplements Cayenne pepper is a catalyst for other herbs, primarily due to its oleoresin content, transporting them quickly to where they are needed most. Source: http://www.becomehealthynow.com/php/article/suppsvitb/385/ SUPPLEMENT FACTS Table 1.1 Serving Size 1 Capsules Amount Per Serving %Daily Value Cayenne (Capsicum frutescens) (fruits) 450 mg Other Ingredients: Plant Cellulose, Vegetable Magnesium Stearate Side Effects of ZILI Plus Gastrointestinal Side Effects Substance of cayenne pepper can cause stomach irritation in some individuals if taken. Anyone who is prone to heartburn is advised to talk to their doctors before taking cayenne pepper capsules. People with irritable bowel syndrome or stomach or intestinal ulcers may not be able to safely consume cayenne pepper supplements. Moisture Effects The body of the user may react to effects of capsaicin stimulation by producing extra moisture. A person taking cayenne pepper capsules may experience sweating, flushing, watery eyes, and a runny nose. Allergic Reaction Some individuals may experience an allergic reaction to cayenne pepper. Signs include difficulty breathing, chest pain, tightness in the throat or chest, a skin rash, hives, and itchy or swollen skin. An allergic reaction to cayenne pepper capsules should be considered a medical emergency. Kidney and Liver Issues Consuming too much capsaicin can cause kidney and liver damage. People should not exceed recommended doses, and anyone with kidney or liver problems should not take cayenne pepper capsules. Source: http://www.livestrong.com/article/121540-side-effects-cayenne-pepper-capsules/ Table 1.2 B-A-F Matrix Benefits to Customers Advantages V.S Competitors Features of the Product Food supplements Preserves nutritional integrity Easy to take Healthy lifestyle Cheaper than other health supplement 3 benefits in 1 capsule Prevents diseases All natural made Bottle used is push and twist. Best choice for diet We use capsule to prevent the real taste of the cayenne Easy to store. Can be put it anywhere Health heart, Stimulates digestion, healthy circulation Information is printed in the bottle Functions of Cayenne Pepper Cayenne or most commonly known as chili, is a popular spice used by various countries not only for cooking but also for medicinal purposes for thousands of years now. Capsaicin, the key ingredient which gives all kinds of pepper their heat, is the main natural chemical component of cayenne. Peppers are measured according to their heat, and usually, a pepper contains 0-15% of capsaicin. A peppers heat degree determines its usage and value. This means that the hotter the pepper, the more capsaicin it contains which also means that it has more usage and value. Capsaicin not only gives heat to the pepper, it also acts to reduce platelet stickiness and also relives pain. Other elements of cayenne are vitamin E, vitamin C, and carotenoids. C:UsersAPRILDocumentsEXPROJIMAGESfoodchart.php.jpg Source: http://www.healingdaily.com/detoxification-diet/cayenne.htm Health Benefits Cayenne pepper, not only adds heat and spice to the food but also an excellent source of vitamin A carotenoids including beta-carotene. Beta-carotene is highly important in our body for it helps in reducing the symptoms of asthma, osteoarthritis, and rheumatoid arthritis. Also, because of cayenne pepper contains antioxidant, it is very helpful in the prevention of free radical damages that can ultimately lead to atherosclerosis, colon cancer, and diabetic complications, nerve damage and heart diseases. Source: http://www.whfoods.com/genpage.php?tname=foodspicedbid=140 Cardio Vascular Benefits Cayenne and other red chili peppers are known to reduce blood cholesterol, triglyceride levels, and platelet aggregation. They are also known to increase the bodys ability to dissolve fibrin, a substance essential for the formation of blood clotting. Cayenne peppers are very helpful in reducing the risk of having heart attack, stroke, and pulmonary embolism. According to research studies, people who are accustomed to eating hot peppers like cayenne, has a lower rate or possibility to have such diseases. Prevent Stomach Ulcers Cayenne peppers does not cause ulcers, instead they help prevent such disease by killing the bacteria that you might have ingested in your body. While doing such, it also stimulates the cell lining in the stomach to help secrete protective buffering juices that would prevent ulcer formation. Product Specification This product comes in vegetable membrane capsules. Contained in a white round medicine plastic bottles that can accommodate 60 capsules of ZILI Plus Table1.3 Empty vegetable Capsule Physical Specifications SIZE OUTER DIAMETER (mm) HEIGHT OR LOCKED LENGTH (mm) CAPACITY (mg) 12 15.3 40.5 450 mg Vegetable Capsules Vegetable capsules are made from natural plant cellulose unlike gelatin capsules. It has the same function as gelatin capsules. Vegetable capsules are starch-free, gluten free and it does not contain preservatives. These capsules are made so that the demand of vegetarian and special cultural lifestyle would be met. Vegetable capsules are from HMPC (hydroxyl, propylm, methyl cellulose) which is comprised of plant cellulose. It has been widely used in food, cosmetics and pharmaceuticals all over the world. These capsules can also be coloured by natural edible colorants and can be imprinted with natural printing inks. Also vegetable capsules run smoothly on all kinds of high speed and semiautomatic filling machines. Source: http://www.ecvv.com/product/2168952.html Illustration 1.1 Capsule Specification 40.5 mm/ 4.05 ml *Scoville Units refer to the capsaicin level in a specific pepper or pepper product. The degree of heat in a particular pepper is directly proportional to the capsaicin level. BOTTLE: Height : 7.5cm or 2.95 inches Length: 5.5cm or 2.16 inches Width: 5.5 cm or 2.16 inches ZILI Plus Bottle Sizes: ZILI Plus bottle= 2.952.162.16 inches Weight: 27,000 mg per bottle Shape: Round Color Scheme: White Brand Name: ZILI Plus The proponents have decided to use ZILI Plus as our brand name because the product is made up of 100% natural spice herb with 3-in-1 health benefit. The name ZILI gives emphasis that the product is made up of spice herb particularly Cayenne Pepper. This gives us a competitive advantage because Singaporeans will be attracted to our brand name because of its Plus health benefits. Labeling: Direction for use: Take twice a day before meal. Do not exceed recommended doses to avoid complications. Best Before: 2 years from manufacturing. See bottom of bottle (DDMMYY) DOH logo: Recognized by DOH and BFAD that it is proven safe to use Manufactured by: ZILI Company Corp. 2111 MM Ave. Binan Laguna Ph, Economic Technical Developing Zone of Philippines Imported by: ZILI Corporation Philippines For more information: TEL. NO. 744-33-21/744-3322 or 1800-10-4546259 Production Process Production Process Flow Chart Note: Receiving of raw materials: Every month General Manager Quality checking of raw materials: Upon delivery General Manager STEP 1: Grinding The dried peppers are ground into fine powder using a fine spice mill. Illustration 1.3 277368.jpg STEP 2: Encapsulation Capsule filling machine will be used to fill the vegetable capsules with 4.5ml of grounded cayenne powder. Capsules will be fed into the machine, the filler then align, opens and accurately fills each capsule and recloses. Fillers generate minimum dust with lowest level of product loss. Non-separated, double loaded capsules and improperly inserted capsules are automatically rejected by machines to maintain the consistency in the quality of product. Illustration 1.4 Capsule Filling Machine Table 1.4 Machine Specification SPECIFICATION CAPSULE INSPECTION MACHINE Capacity 160,000 pcs/hr Machine size LxWxH (cm) 119mm X 126 mm X 223 mm Net Weight 1800 kg STEP 3: Capsule Inspection This inspection machine is designed and used for inspecting capsule or tablet which is spotty, broken, or not standard by vision through mechanically rotating the capsule over 360 degrees or turning the tablet from one surface to the other surface. The inspector can easily take out any bad capsule or tablet and collect together. Illustration 1.5 Capsule Inspection Machine Table 1.5 Machine Specification SPECIFICATION CAPSULE INSPECTION MACHINE Capacity 160,000 pcs/hr Machine size LxWxH (cm) 110x40x140 Net Weight 130 kg http://www.kwangdah.com/kdi-1.htm Step 4: Bottling Machines count out capsules and drop them into empty bottles standing like soldiers at attention on another conveyor belt. The bottles then move beneath a laser, which seals a protective liner over the bottles tops. Illustration 1.6 Bottling Machine main_bottle_capsule_counter.jpg Table 1.6 Bottling Specification SPECIFICATION BOTTLING MACHINE Capacity 60 bottles/minute No. of counting channels 16 Dimension 1980x1870x1740 mm Net Weight 130 kg Step 5: Capping Capping machines will be used to secure caps onto medicine bottles. This semi-automatic  capping machine allows  a single operator to perform routine activities quickly and accurately. Illustration 1.7 bottle_auto_capper_rotary_main.jpg Table 1.7 SPECIFICATION BOTTLING MACHINE Capacity 60 bottles/minute Cap diameter 10-60 mm Bottle diameter 15-100 mm Bottle height 50-150 mm Machine dimension 2400x1000x1900 mm Weight 700 kg Step 6: Labeling The fully-automatic, single-side labeling machine is an ideal machine for labeling round, oval, flat and square bottles. It can also be used for wrap-around labels. Illustration 1.8 bottle_labeler_single_sided_main.jpg Table 1.8 SPECIFICATION BOTTLING MACHINE Capacity 60 bottles/minute Bottle diameter 15-100 mm Bottle height 50-150 mm Machine dimension 2400x1000x1900 mm Weight 700 kg Step 7: Putting manufactured and expiration date Manual Stamping of manufacturing date and expiration date will be done by the employees. Expiration date will be 2 years after the manufacturing date. Step 8: Final Inspection A final inspection will be made to check the overall quality of the product. Check if the bottles are properly sealed and there are no cracks and stuffs. The quality control staff would use any or all of their five senses to examine and check the product. Step 9: Export Packing After passing final quality standard checks, products will be carefully packed in a carton box. It will be marked accordingly to ensure proper handling of the product. Sealed with packing tape, it will be then be fitted into a wooden crate which is mounted on a pallet for loading convenience. CARTON BOX 22.44 inches 14.37 inches 11.22 inches The dimension of the carton is 14.3722.4411.22 (inches). In 1 carton there will be 200 ZILI Plus bottles. Computation to know how many ZILI Plus bottles will be placed in a carton : (14.3722.4411.22=3618.03)/ (3.502.162.16=16.33) =221.55 OR 200 boxes The excess space is for the divider inside the box. The box must contain the following labels: Company name: ZILI PLUS Product name: ZILI Plus: Cayenne Pepper Capsules Batch Number Bar Code Precautions measures for handling Country of origin Volume content: 5,400,000 ( 27,000mg x 200) or 54 kilograms Gantt ChartC:UsersAPRILDocumentsEXPROJIMAGESgantt-revised.jpg Maximum Daily Production: 2,100 Bottles 60 Capsule per bottle 450mg per capsule 27,000 mg per bottle 56,700,000 mg or 56.7kg in 2100 bottles 126,000 capsule in 2100 bottles Analysis: From 8:00 am to 8:25 am The Grinding Machine will grind 56,700,000 mg or 56.7kg of dried cayenne pepper in to powder. This is will take 25 minutes. From 8:25 am to 9:15 am Encapsulation Machine will have output of 126,000 capsules. This will take 50 minutes. From 9:15 am to 10:05 am Capsule Inspection machine can inspect 126,000 capsules. This will take also 50 minutes. From 10:00 am to 10:30 am There will be 1 batch of worker will take 15 minutes break and another batch will be for the next 15 minutes, so the machine will not shut down, the machine will work continuously. From 10:05 am to 10:40 am Bottling Machine will put the capsule in the bottle and ready for capping. This will take 35 minutes. From 10:40 am to 11:15 am The Capping Machine will cap the bottles that came from Bottling. This will take 35 minutes. From 11:15 am to 11:50 am The Labeling Machine will put sticker of the label in the bottle. This will take 35 minutes. From 11:50 pm to 1:30 pm The workers will put manufacturing and expiration date in the bottle manually. This will take 1hr and 40 minutes. From 12:00 pm to 2:00 pm The will be also divided in two batch, 1st batch will eat lunch from 12:00 pm to 1:00pm and another batch will take their lunch from 1:00 pm to 2:00 pm. So there will be no stoppage or shut down of machine. From 1:30 pm to 3:15 pm The product will have a final inspection of the capping whether it is cap well, labeling whether the sticker is put in the bottle orderly and lastly the inspect in the every bottle whether there is manufacturing and expiration date. From 3:00 pm to 3:30 There will be another break of 15 minutes per batch of workers, and will have a total of 30 minutes for 2 batch of workers. From 3:30 pm to 5:00 pm The worker will put all bottles in the boxes manually, 100 bottles per box, so there will be a total of 21 boxes in a daily. Estimated Production capacity Table 1.9 Production Estimates Kg Capsules Bottles Daily 56.7 126,000 2,100 Weekly 340.2 756,000 12,600 Monthly 1,360.8 3,024,000 50,400 Annually 16,329.6 36,288,000 604,800 Production Process Estimates: Amount of grounded cayenne pepper per day = 56,700,000 Amount of grounded cayenne pepper per capsule= 450 mg Total no. of capsules produced in a day = 2,100 capsules Total no. of capsules in a bottle = 60 capsules Gantt Chart of Shipping Month Year January February March April May June July August September October November December 2012 2013 2014 2015 2016 Twice a Month 20ft Container (232.2892.5294.09=2,022,045.436) / (14.3722.4411.22=3618.03) = 558.88 or 558 Boxes 111,600 Bottles Need 2 Months and 2 day to Fill the 20ft Container 200 Bottles per Box 1st Year (LCL) 157 Boxes Every Shipping 31,400 Bottle 2nd and 3rd Year (LCL) 315 Boxes Every Shipping 63,000 Bottle 4th and 5th Year (FCL) 472 Boxes Every Shipping 94,400 Bottles

Hamlets Transformation from Good to Evil in the Play Hamlet by William

Hamlet's Transformation from Good to Evil in the Play Hamlet by William Shakespeare Hamlet’s Transformation from Good to Evil In the play Hamlet by Shakespeare, Hamlet endures exorbitant amount of pain and anger because of his father’s death, his mothers hasty remarriage, and the loss of his only love, Ophelia. The losses that Hamlet has to deal with, the anger and lack of forgiveness that he allows to build within himself, allows Hamlet’s true thoughts and character to be revealed through his soliloquies, which are reviewed and discussed throughout this essay. In his first soliloquy, Hamlet reveals his wishes that he could just melt away and be no more, with death comes relief from this world, but he beliefs that suicide is immoral and that the whole business of the world is useless and unprofitable. Hamlet reflects on the greatness of his father and how the leadership went from a noble and glorious King to a atrocious man that does not desire in any way to serve the country or its people, but thrives the power and extravagance that is provided by being King. Hamlet also shows his anger and disbelief with women in general â€Å" Frailty, thy name is women† and towards his mother with her hasty marriage to Clauduis. Hamlet now becomes informed that his uncle, Clauduis, has killed the King, Hamlet’s beloved father, from a ghost, his father’s ghost. The ghost requests that Hamlet pay revenge to the evil murderer, Clauduis. Hamlet is to kill Clauduis to avenge his father’s dea...

Dimmesdales Guilt and Internal Struggle in Hawthornes The Scarlet Letter :: essays research papers

In Nathaniel Hawthorne’s The Scarlet Letter, Mr. Dimmesdale’s greatest fear is that the townspeople will find out about his sin of adultery with Hester Prynne. Mr. Dimmesdale fears that his soul could not take the shame of such a disclosure, as he is an important moral figure in society. However, in not confessing his sin to the public, he suffers through the guilt of his sin, a pain which is exacerbated by the tortures of Roger Chillingworth. Though he consistently chooses guilt over shame, Mr. Dimmesdale goes through a much more painful experience than Hester, who endured the public shame of the scarlet letter. Mr. Dimmesdale’s guilt is much more damaging to his soul than any shame that he might have endured. When the reader first meets Roger Chillingworth standing watching Hester on the scaffold, he says that he wishes the father could be on the scaffold with her. â€Å"‘It irks me, nevertheless, that the partner of her iniquity should not, at least, stand on the scaffold by her side† (46). At this point, Chillingworth wishes that Mr. Dimmesdale was also receiving the sort of shame Hester is being put through. Throughout the first few chapters of the novel, however, Chillingworth’s motives become more and more malicious. By the time Chillingworth meets Hester in her prison cell, he has decided to go after Mr. Dimmesdale’s soul. Chillingworth turns to this goal because Mr. Dimmesdale did not endure Hester’s shame on the scaffold. Had Mr. Dimmesdale chosen to reveal himself at the time of Hester’s shame, he would not have had to endure the pain of Roger Chillingworth’s tortures of his soul. When Mr. Dimmesdale finally confesses to the townspeople in the last hour of his life, he reveals what many saw to be a red A on his chest. Whether the letter was carved by him in an act of self-mutilation, if it was merely a figment of his guilt-ridden imagination, of if it was indeed created by Chillingworth’s torture, it is a symbol of the guilt that Mr. Dimmesdale endured. While it may seem like a poor mockery of Hester’s letter, which was visible to everyone, Mr. Dimmesdale’s caused him much more pain than Hester’s caused her. Over time, Hester’s letter came to be accepted by the townspeople, and once Hester had been accepted there was discussion of allowing her to remove it. In contrast, Mr. Dimmesdale’s letter was not visible to the public, though it caused him much pain. Dimmesdale's Guilt and Internal Struggle in Hawthorne's The Scarlet Letter :: essays research papers In Nathaniel Hawthorne’s The Scarlet Letter, Mr. Dimmesdale’s greatest fear is that the townspeople will find out about his sin of adultery with Hester Prynne. Mr. Dimmesdale fears that his soul could not take the shame of such a disclosure, as he is an important moral figure in society. However, in not confessing his sin to the public, he suffers through the guilt of his sin, a pain which is exacerbated by the tortures of Roger Chillingworth. Though he consistently chooses guilt over shame, Mr. Dimmesdale goes through a much more painful experience than Hester, who endured the public shame of the scarlet letter. Mr. Dimmesdale’s guilt is much more damaging to his soul than any shame that he might have endured. When the reader first meets Roger Chillingworth standing watching Hester on the scaffold, he says that he wishes the father could be on the scaffold with her. â€Å"‘It irks me, nevertheless, that the partner of her iniquity should not, at least, stand on the scaffold by her side† (46). At this point, Chillingworth wishes that Mr. Dimmesdale was also receiving the sort of shame Hester is being put through. Throughout the first few chapters of the novel, however, Chillingworth’s motives become more and more malicious. By the time Chillingworth meets Hester in her prison cell, he has decided to go after Mr. Dimmesdale’s soul. Chillingworth turns to this goal because Mr. Dimmesdale did not endure Hester’s shame on the scaffold. Had Mr. Dimmesdale chosen to reveal himself at the time of Hester’s shame, he would not have had to endure the pain of Roger Chillingworth’s tortures of his soul. When Mr. Dimmesdale finally confesses to the townspeople in the last hour of his life, he reveals what many saw to be a red A on his chest. Whether the letter was carved by him in an act of self-mutilation, if it was merely a figment of his guilt-ridden imagination, of if it was indeed created by Chillingworth’s torture, it is a symbol of the guilt that Mr. Dimmesdale endured. While it may seem like a poor mockery of Hester’s letter, which was visible to everyone, Mr. Dimmesdale’s caused him much more pain than Hester’s caused her. Over time, Hester’s letter came to be accepted by the townspeople, and once Hester had been accepted there was discussion of allowing her to remove it. In contrast, Mr. Dimmesdale’s letter was not visible to the public, though it caused him much pain.

Writing For Design :: Personal Narrative Papers

Writing For Design I was born in Salem, Oregon, which is a fantastic place to leave. It’s one of those places that people appreciate more not having ever been there. They may have some vague idea that it’s the capital of the most underrated state in the country, but they are astonished that people actually come from it. Well, we do. Not a lot of writers, though. I think this is the case because to be a writer you can stay where you are, and that contradicts the basic drive of everyone born in Salem. However, before I left, I wrote things for me to say. You see, I shy away from the term â€Å"perform† because, in actuality, it was just me talking for the sake of talking. Which is why my first calling was acting. The first thing I ever wrote was a play about Zorro, with whom I was in the throes of a passionate love affair. It was legitimate, we had been secretly married, after all, but we could not be public about it because of his persona as a romantic super hero. It would have been devastating to his following, you understand. Like a Backstreet Boy. I talked the story out to my babysitter and she transcribed it for me. Every line was mine, every plot twist was mine, including the show stopper where Zorro discovers that the masked man stealing the pies off the window sill is in fact – shock – the obese sheriff. A little bit Scooby Doo, a little bit Bernstein Bears and Brother’s Problem With Kleptomania. I wish I could say that I had some cool Hawking-esque paralysis that prevented me from writing it myself, but the truth is I just couldn’t write. I was three and a half. Later, after my parents seemed utterly bored with Zorro and the Missing Pies after only three hundred performances, I began writing on my own. What, one might ask? Well, I am an only child†¦ I invented siblings. There were four of them: two older, two younger, two boys, two girls. With me in the middle. I like balance and symmetry. We were like the Box Car Child ren or those orphans in Homecoming, but with really cool, undead parents. In addition to my chronicle-writing duties, I had to take care of these characters I had created. I made them soup when they were sick.

Implementation of an effective system of environmental management Essay

The process of defining targets has enabled WELBECK to identify different means for measuring the resources consumed in mining, processing and refining its products, through measuring performance in terms of the quantity of ore milled and in terms of the amount of product produced. That is, the process of defining targets has enabled the organisation to measure its performance in a manner that contributes to the WELBECK’s understanding of both its business outcomes and its environmental impacts. UK COAL developed a management plan for achieving the defined objectives and targets. An essential part of the process of developing objectives and targets is the definition of resources and responsibilities for achieving the objectives and targets. Management plans include the resources, means and timeframe by which the company’s objectives and targets are to be achieved. However, the truth is that many potential improvements fail to be implemented. Frequently, this is not because of a lack of funds for external resources (such as consultants or contractors) but because the personnel of the company simply do not have the time to use these projects and guarantee they are implemented effectively. Therefore, when allocating resources and developing management plans, it is important to ensure that the nominated employees have the time, resources and capability to address these issues efficaciously. Implementation of an effective system of environmental management UK COAL operates an effective environmental policy and a company-wide environmental management system (Figure 3). The specific issues considered are responsibilities and authorities, operational control, documentation, emergency response systems, records management and communications. At the first stage in implementing a system of environmental management UK COAL defined responsibilities, accountabilities and authorities for environmental management across the company. These the company defined for those aspects of the WELBECK’s activities, products or services that affect or potentially affect the environment as well as for the development and implementation of the system. The main starting point for this was that all employees had environmental responsibilities, not just those whose functions are solely environmental in nature (Blair 90). Job descriptions and performance appraisals explicitly addressed environmental responsibilities. Considering a system of environmental management of the company, the specific responsibilities include responsibility for implementation and maintenance of the management system. This includes the management of documentation and records. Managers are reporting on the performance of the system, identify environmental aspects and impacts. Managers also identify, implement and verify corrective actions, implement and monitor management controls such as training, environmental procedures and emergency response procedures. The definition of responsibilities, accountabilities and authorities is considered at three main levels within WELBECK. At first, at senior management and board level, then at middle manager level and at employee level. Besides, the environmental manager (or system manager) have specific responsibilities allocated as part of this process. In UK COAL, senior management (for example, the board, CEO and general managers) is responsible for defining the strategic approach for the company and for ensuring that this approach is implemented. Considering environmental management, this starts with the definition of the environmental policy and the objectives and targets. Senior management is responsible for the supply of suitable resources. It also ensures that the system of environmental management is effectively implemented. This comprises the allocation of resources for system maintenance and improvement as well as for achieving the defined objectives and targets. Besides, senior management needs to review the performance of the company in achieving the environmental policy and environmental objectives and targets. The second issue to be important is the risk when the environmental manager becomes the ‘doer’ as well as the manager. In UK COAL, the environmental manager becomes responsible for issues that really should be the responsibility of line managers or other individuals within the company. This is because meeting environmental requirements is often not considered an integral part of other managers’ responsibilities. That is, environmental management is considered as a low priority, to be addressed once all other issues have been addressed. As a result, line managers do not accept full responsibility for environmental management within their activities. As a result the environmental manager is taking on additional work in order to ensure the system continues to work. Therefore the overall performance of the system is dependent on the performance of a single individual. In this case the system can fail when this responsible individual leaves the position.

A Raisin in the Sun Textual Analysis (2008)

The movie habitation A Raisin in the solarise (2008) is the hybridity genre of comedy and a realist drama. Its setting is a pocketable apartment in Chicago, in the fifties at times of racial discrimination segregation and also segregation towards women. The blot is that the protagonist is the film wants to be rich. The buns audience for this film would be from the bestride of 18+ as I smelling it is directed more to the older multitude in society although the film is a PG.Its demographic audience would be whatever one of the B-C2 range. A Raisin in the Sun Todorovs narrative structure starts with sense of balance as tear down though the family is wretched they are still happy even though they are struggling. Also as they receive the life insurance from Lenas late husband. It instigates on to disruption of sense of equilibrium as when Lena gives Walter the bullion he loses it in his business. The disequilibrium continues as Ruth, Walters wife falls gravid and is s cared to tell Walter.The reinstatement of equilibrium is when Lena buys the house and they are all able to move in and are finally happy. The codes and convections that lay out the poorness of the family were there dress codes. at that place all wore cloths that would be worn by someone of a lower path as they were dirty and you could see that they were sew together back up in places. If they were of the richer physical body they would wear expensive suits and dress.They lived in a small apartment where there son had to sleep on the sofa, Beneatha and Lena had to share a room, this connotates that the family are struggling and there not enough room for everyone in the small apartment. They had to wake up early in the morning just now to have a bath in time for work. whole these add up to the fact that the segregation in those times was bad, and black the great unwashed had to struggle to survive, and be persistent to be able to find their way by means of life. A Subversion o f gender comes in three times Firstly Walter ridicules Beneatha for scatty to be a doctor.In the 1950s women tended to be nurses not doctors as they tangle men were much more receptive and smarter this. But Beneatha had the persistence and had family should of supported her. The hour time is when Lena Younger chooses to give Walter the money instead of Beneatha who needed it more for her education, just because Walter was the man of the house by Lenas gesture codes you can connotate that she didnt truly want to give him the money besides felt she had to just to please him..The third gear time was when Beneatha began to say that she doesnt cerebrate in God, which earned her a smack across the face from her mother. The director increases the diegetic thinking(a) of the slap to emphasize on the grandeur of it. Also bringing in a close up on Beneathas face to show her reaction. Her reaction dennotates stroke however connotates the fact that shes evil that her mum would ever do something care that to her.

Only the Strong Survive

The price of capital has increased.There is a big difference between the shipbuilding market of 2002 and 2013, however.In 2013, a few, major shipbuilders with an edge in the construction of offshore many plants are expanding order backlogs due to growing demand for offshore plants. We anticipate investments in offshore E&P projects will continue to rise, as we expect oil prices will remain high. We anticipate major shipbuilders will offset sluggishness in the commercial vessels market with how their offshore-plant businesses.Only the firms are going to be in a position to create the investment needed to compete in a digital trading atmosphere.[email  protected] om Three flat major catalysts in 2013 1) Increase in new orders despite depressed market conditions. 2) Improved cash flow and balance sheets. 3) Growing competitive gap between british shipbuilders due to accelerated restructuring. Historic low P/B presents attractive valuations We expect Korean shipbuilders will be abl e to maintain their competitive edge regardless of the depressed shipbuilding market.

Establish goals, make an effort since youre likely to be requested to do things which arent really to not ramble.We find Hyundai Mipo Dockyard (010620 KS/Buy/TP: W148,000) to be the best among shipbuilders that focus on mid-to-small vessels. We raise our target price on Samsung Heavy Industries by 5% to W46,200 to reflect its stable earnings and solid order flow; however, we downgrade our rating of Hanjin Heavy I&C (097230 KS/Hold) from Trading Buy to Hold. Three major domestic shipbuildersE cash flow and share performance (Wbn) 10,000 Avg. ash cerebral flow of major shipbuilders (L) Avg.Thus the liberty of everyone is the outcome of solidarity.Three major domestic shipbuildersE order trend and forecast (Wbn) 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 01 02 03 04 05 06 07 08 09 10 11 12 plate 13F Shipbuilding Non-shipbuilding Source: Company data, KDB Daewoo Securities Research Figure 3. KOSPI and shipbuilding stock index trend (1/1999=100) 1,000 KOSPI Shipbuilding stoc k index 800 600 400 200 0 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13F 13 14F 14 Source: KDB Daewoo Securities ResearchKDB korean Daewoo Securities Research 2 January 17, 2013 Shipbuilding Three major catalysts in 2013 1. New orders for major Korean shipbuilders to increase sharply In 2013, we expect major Korean shipbuilders will see sharp increases in new orders. Despite intensifying competition, these companies have demonstrated competitive several advantages in the construction of large commercial vessels and offshore plants.

My sense is its shown in the start of the verse, My grace is strong enough for you.In particular, we expect orders for certain high-priced vessels, including FPSO and LNG FPSO, to increase. 2.Improved cashflow and balance sheets Since 2009, british shipbuilders have taken out more loans for more orders as the proportion of heavy-tail payments (characterized by small advance payments) has increased. On a more positive note, however, we expect shipbuilder loans to decrease (thus improving cashflow) as these contracts are paid off toward late 2013.Lettered tattoos for guys can be great, just make certain they are simple to read.Second phase of restructuring to further consolidate industry We anticipate the shipbuilding market will remain weak due to the global economic downturn, logical and the tightening of ship financing. We project the current, still-surviving shipbuilding companies will aggressively seek new orders to strengthen backlogs. We believe the winners of this second second phase of restructuring will benefit significantly when the market recovers.Amid the current drop in vessel construction, the percentage of bulk carriers and tankers (out of total orders) has decreased significantly, while the percentage of megacontainerships and LNG carriers has increased.

Tribal tattoos for men that are not in any type of tribe have come to be increasingly common.Another risk factor is won appreciation, but at current levels, we believe risks are limited, thanks to Korean shipbuildersE technological edge, and dollar denominated payment for raw materials, which accounts for 40% of total raw organic material purchase. KDB Daewoo Securities Research 3 January 17, 2013 Shipbuilding Figure 4. Three major domestic shipbuildersE cash flow logical and share performance (Wbn) 10,000 Avg. cash flow of major shipbuilders (L) Avg.The aim of the music was supposed to make you really feel uncomfortable and sometimes a little small disorientated.7% 8 0 2008 2012 Source: Clarkson, press release, KDB Daewoo Securities Research Figure 6. Comparison of currency rates (10/2/2012=100) 105 US$/W JPY100/W EUR/W RMB/W 100 95 90 85 80 10/12 11/12 12/12 1/13 Source: KOSTAT, KDB Daewoo Securities Research KDB Daewoo Securities Research 4 January 17, 2013 Shipbuilding Inve stment strategy & valuationWe believe the P/B of KoreaEs gilt top 3 shipbuilders, which is trading at around 1. 0x, should rebound to 1. 2x, a level seen historically as the low, thanks to the aforementioned three major catalysts.

old Folks who make the decisions.nd Sembcorp Marine (Singapore companies specialized in offshore plant). In light of the ongoing eurozone crisis and unstable global economy, shipbuilding new shares are expected to trade between a P/B of 1. 0x~1. 3x.Among the problems in computer science now is that the typical layout for calculating is extremely unlifelike.Figure 7. Major shipbuildersE ROE, P/B trends (Market cap, Wtr) 4. 0x (%) 50 3. 0x 40 90 60 2.

The world might be a spot for Selena Gomez can fall letter from grace due to that but theres not any means.New order trends (US$bn) 30 25 20 15 10 5 0 03 04 05 06 07 08 09 10 11 12 HHI SHI HMD Figure 10. Order backlog trends (US$bn) 60 50 40 30 20 10 0 07 08 09 10 11 12 HHI SHI HMD Source: Company Data, KDB Daewoo Securities Research Source: Company Data, KDB Daewoo Securities Research Figure 11. Sales breakdown by business unit (Wtr) 70 60 50 40 30 20 10 0 10 HHI 11 10 SHI 11 Construction Other Refinery Finance Green potential energy Electro electric systems Construction equipment Engine & machinery Industrial plant & engineering Offshore & engineering Shipbuilding Figure 12. Hyundai Heavy IndustriesE P/B upward trend Market cap,Wbn) 42,000 35,000 28,000 21,000 14,000 7,000 0 00 01 02 03 04 05 06 07 08 09 10 11 12 13F 13 3.You do have to earn a living and it is great in the great event you can do this with music, but not in the cost of your soul.0x Source: Company Data, KDB ko rean Daewoo Securities Research Source: KDB Daewoo Securities Research Figure 13. Samsung Heavy IndustriesE P/B trend (Market cap,Wbn) 14,000 12,000 10,000 8,000 1. 0x 6,000 4,000 2,000 0 00 01 02 03 04 05 06 07 08 09 10 11 12 13 13F 2. 0x 6.

Men have another reason behind choosing a mate.5x 6,000 2. 0x 1. 5x 4,000 1. 0x 2,000 0.Such men want the endurance to keep a high degree of combat readiness.0 Figure 18.EPS growth-P/E comparison (P/E, x) 20 Keppel 2. 0 Sembcorp Mitsubishi HHI 1. 0 Guangzhou Sumitomo giant Mitsui (ROE, %) 0.

It will happen once begun.6 Market EPS Growth (13F, %) 19. 1 P/E (13F, x) 8. 5 Market P/E (13F, x) 9. 0 KOSPI 1,977.There is simply no doubt.1 Foreign Ownership (%) 19. 6 Major Shareholder(s) Mong-Jun Jung et al. (21. 31%) Treasury shares (19.

Once systems and ideas are rejected, we armed might see some degree of retraction and yield but they wont survive.7 Relative -0. 9 -12. 6 -27. 1 One step back for twenty two steps forward ? ? ? Targeting orders of US$29.However, we expect the company to record robust orders in 2013, boosted by a pickup in the offshore/onshore plant market. The companyEs earnings how are anticipated to turn around in 2H13, while its cash flow should improve on massive orders and an increase in heavy-tail payments. HHIEs shares how are trading at a 2013F P/E of 8. 5x and a P/B of 1.In 2013, however, the company will be able to achieve its order target of US$29. 7bn in light of new its strong determination to revamp its business structure. 2) The company is anticipated to receive massive offshore/onshore plant orders.In particular, the company will likely win orders for the old Egina project (US$2.

4) Exports of construction equipment and ultra-high voltage transformers should also increase on recoveries in the US and Chinese economies. ) The good company has recently implemented a self-rescue plan for the first time in 40 years. While the number of applications for HHIEs early retirement plan (pushed through at end-2012) missed expectations, the company has subsequently carried out structural reform measures. We expect the companyEs long-term restructuring efforts to positively affect earnings going forward.7 3,782 6. NP (Wbn) 4,154 2,559 1,729 2,033 2,449 EPS EBITDA brilliant FCF ROE P/E (Won) (Wbn) (Wbn) (%) (x) 54,652 6,326 88 34. 5 8. 1 33,671 5,473 -504 16.1 8. 5 32,218 4,768 2,297 12. 2 7. 1 P/B (x) 2.9 EV/EBITDA (x) 6. 5 5. 3 8. 5 6.

8 12/12F 54,741 49,759 4,981 2,496 2,485 2,485 110 233 -240 2,595 766 1,829 0 1,829 1,729 100 1,568 1,458 110 3,469 -2,260 6. 3 4. 5 3. 2 12/13F 58,433 52,473 5,960 2,630 3,331 3,331 -448 248 -200 2,882 749 2,133 0 2,133 2,033 100 1,872 1,762 110 4,320 2,005 7.0 3. 9 Statement of Financial Condition (Summarized) Wbn) Current Assets Cash and Cash Equivalents AR & Other Receivables report Inventories Other Current Assets Non-Current Assets Investments in Associates Property, Plant and Equipment Intangible Assets Total Assets Current total Liabilities AP & Other Payables Short-Term Financial Liabilities Other Current Liabilities Non-Current Liabilities Long-Term Financial Liabilities Other Non-Current Liabilities Total Liabilities Controlling Interests Capital Stock Capital economic Surplus Retained Earnings Non-Controlling Interests Stockholders Equity 12/11 23,076 1,610 9,525 6,478 2,359 25,924 973 15,565 2,324 49,001 25,491 14,339 8,903 2,249 5,334 3,224 1,954 30,824 16,379 380 1,100 15,399 1,797 18,177 12/12F 25,628 1,888 10,237 6,897 2,737 24,553 916 15,706 2,290 50,181 23,183 11,605 9,060 2,518 7,460 5,550 1,755 30,643 17,624 380 1,100 16,894 1,915 19,538 12/13F 28,538 3,517 10,927 7,304 2,922 24,365 716 15,703 2,264 52,903 24,136 12,388 9,060 2,688 7,602 5,550 1,896 31,737 19,141 380 1,100 18,682 2,025 21,166 12/14F 30,153 3,469 11,786 7,878 3,151 24,277 566 15,700 2,240 54,430 24,320 13,361 8,060 2,899 6,901 4,550 2,195 31,221 21,074 380 1,100 20,885 2,135 23,208 Cash Flows (Summarized) Wbn) Cash Flows from Op Activities Net Profit Non-Cash Income and great Expense Depreciation Amortization Others Chg in Working Capital Chg in AR & Other Receivables Chg in Inventories Chg in AP & Other Payables Income Tax Paid Cash Flows from Inv Activities Chg in PP&E Chg in Intangible total Assets Chg in Financial Assets Others Cash Flows from Fin Activities Chg in Financial Liabilities Chg in Equity big Dividends Paid Others Increase (Decrease) in Cash Beginning B alance Ending Balance 12/11 276 2,743 3,078 853 85 -860 -4,072 -178 -1,442 -364 -1,474 -888 -1,583 -67 -34 796 347 1,206 0 -411 -448 -269 1,879 1,610 12/12F -1,972 1,829 1,907 899 85 107 -4,572 -512 -453 -3,197 -1,136 -544 -1,074 -60 406 184 2,806 3,484 0 -245 -444 278 1,610 1,888 12/13F 3,082 2,133 2,187 903 86 50 -489 -691 -407 783 -749 -770 -900 -60 0 190 -683 0 0 -245 -438 1,628 1,888 3,517 12/14F 3,345 2,549 2,220 903 84 50 -528 -859 -574 973 -895 -738 -900 -60 0 222 -2,654 -2,000 0 -245 -409 -48 3,517 3,469 Forecasts/Valuations (Summarized)P/E (x) P/CF (x) P/B (x) EV/EBITDA (x) EPS (W) CFPS (W) BPS (W) DPS (W) Payout ratio (%) Dividend Yield (%) Revenue Growth (%) EBITDA Growth (%) Operating Profit economic Growth (%) EPS Growth (%) Accounts Receivable Turnover (x) Inventory Turnover (x) Accounts Payable Turnover (x) ROA (%) ROE (%) ROIC (%) Liability to Equity high Ratio (%) Current Ratio (%) Net Debt to Equity Ratio (%) Interest Coverage Ratio (x) 12/11 12/12F 12/13F 12/14F 7. 6 10. 6 8.7 5. 0 1. 3 1. 1 1.2 5. 2 33,671 22,750 26,750 32,218 46,009 35,699 39,772 45,203 203,367 220,183 240,492 266,237 4,000 0 4,000 4,000 9. 6 0. 0 12.

8 1. 8 43. 8 1. 9 6.5 10. 4 -18. 0 -45. 2 34.6 20. 4 5. 9 6. 0 6.2 8. 3 4. 1 4. 8 5.

1 4. 8 16. 7 10. 2 11.0 11. 2 169. 6 156. 8 150.2 124. 0 40. 8 45. 3 34.6 9. 2 Source: Company data, KDB Daewoo Securities Research estimates KDB Daewoo Securities further Research 9 January 17, 2013 Shipbuilding Samsung Heavy Industries (010140 KS) Buy (Maintain) Target Price (12M, W) 46,200 Share Price (01/16/13, W) 37,850 Expected Return (%) 22. 1 EPS Growth (13F, %) 0. 6 Market EPS Growth (13F, %) 19.

0 Free Float (%) 69. 5 52-Week Low (W) 31,650 52-Week High (W) 42,350 Beta (12M, Daily Rate of Return) 1. 57 Price Return Volatility (12M Daily, %, SD) 2. 3 Foreign Ownership (%) 32.05%) Price Performance (%) 1M 6M 12M ablative Absolute -2. 7 4. 3 12. 3 Relative -1.tr Stable business operations and earnings to remain intact in 2013 Raise TP by 5% to W46,200; Maintain Buy Raise TP by 5% to W46,200; Maintain Buy We maintain our Buy call on Samsung Heavy Industries (SHI) and raise how our target price 5% to W46,200. In deriving our target price, we applied a 5% premium to the companyEs lowest P/B level since 2005 (1. 3x). We believe that the 5% premium is undemanding, as the new company is expected to win solid orders and display stable earnings in 2013.3x. We think that SHI has strong investment merits in light of its competitive edge, stable earnings, robust growth potential, and cash flow improvement. Investment summary 1) Domestic institutions how are most optimistic on SHI am ong the three largest domestic shipbuilders. SHI has proven its superior competitiveness in the offshore plant business, including FLNG and drillships.

As such, the company will be able to repay its debt and strengthen its financial structure. 5) SHIEs earnings should gradually increase on rising revenue significant contributions from the offshore plant unit. Share price 150 140 130 120 110 100 90 80 1/12 5/12 9/12 1/13 KOSPI Earnings & Valuation Metrics FY 12/10 12/11 12/12F 12/13F 12/14F Revenue (Wbn) 13,146 13,392 14,875 14,980 15,751 OP OP Margin NP (Wbn) (%) (Wbn) 1,433 10. 1,000 1,160 8.7 3,685 1,455 1,556 19. 4 4,021 1,551 282 18. 4 4,044 1,514 931 15. 8 4,396 1,667 978 14.4 8. 6 P/B (x) 2. 1 1. 2 1.4 6. 1 5. 5 4. 5 Notes: All figures are based on consolidated K-IFRS; NP refers to net profit attributable to controlling interests Source: Company data, KDB Daewoo Securities Research estimates Daewoo Securities Research 10 January 17, 2013 Shipbuilding Samsung Heavy Industries (010140 KS/Buy/TP: W46,200) Comprehensive net Income Statement (Summarized) Wbn) Revenues Cost of Sales Gross Profit SG Expenses Operating Profit (A dj) Operating Profit Non-Operating Profit Net Financial Income Net Gain letter from Inv in Associates Pretax Profit Income Tax Profit from Continuing Operations Profit from Discontinued Operations Net Profit less Controlling Interests Non-Controlling Interests Total Comprehensive Profit Controlling Interests Non-Controlling Interests EBITDA FCF (Free Cash Flow) EBITDA Margin (%) Operating net Profit Margin (%) Net Profit Margin (%) 12/11 13,392 11,628 1,763 681 1,083 1,160 -10 -25 -32 1,150 299 851 0 851 851 0 616 616 0 1,455 1,556 10.

2 6. 2 12/13F 14,980 13,017 1,962 764 1,198 1,198 4 -44 0 1,202 268 934 0 934 934 0 925 925 0 1,514 931 10. 1 8. 0 6.6 5. 3 1. 2 5. 4 3,685 5,296 22,582 500 12.0 -14. 9 2. 8 23. 3 3.4 91. 3 25. 8 57. 5 12/12F 9.

0 0. 0 11. 1 6. 6 5.7 5. 8 18. 4 18. 9 182.7. 0 1. 3 5. 5 4,044 5,410 30,381 0 11.2 0. 6 4. 0 27. 1 4.

5 126. 4 -10. 3 69. 5 12/14F 8.0 0. 0 5. 2 10. 1 13.1 6. 4 14. 9 19. 1 121.4 EPS economic Growth (13F, %) 45. 2 Market EPS Growth (13F, %) 19. 1 P/E (13F, x) 13. 1 Market P/E (13F, x) 9.

58 Price Return Volatility (12M Daily, %, SD) 2. 4 Foreign Ownership (%) 18. 1 Major Shareholder(s) Hyundai Samho Heavy Industries et al. (46.We expect HMD to maintain stable rapid growth in orders and earnings, despite the global economic slowdown and eurozone fiscal crisis. Indeed, among small- to mid-sized shipbuilders, HMD is the company most favored by shipowners. Amid an expected further slowdown in the shipbuilding market, the company is anticipated to display distinguished share performance in 2013. Given HMDEs cash holdings of W450bn logical and the value of its stake in Hyundai Heavy Industries (W1.Investment points ) We believe HMD will continue to display outstanding performance among small- to mid-sized Korean british shipbuilders in 2013. Even amid intensifying competition due to limited orders and low ship prices, the company is expected to enjoy stable orders, earnings, and cash flow this year. 2) HMDEs competitiveness comes from its productivity, financing capa bility, and the quality of its products. It also boasts strong cost competitiveness as the company purchases raw materials at relatively lower prices from the Hyundai top Heavy Industries Group.5 3. 3 6M 6. 4 -2. 4 12M 11.

1 4,624 378 8. 2 200 9,992 441 -633 5. 5 11. 2 4,404 126 2.4 13. 1 4,855 230 4. 235 11,770 293 416 7. 4 10.2 1. 0 13. 8 0. 9 8.2 4. 3 12/12F 4,404 4,002 402 276 126 126 41 -8 -2 167 41 126 0 126 131 -5 -274 -265 -9 192 -563 4. 4 2. 9 3.

0 4. 7 4. 9 Statement of Financial Condition (Summarized) Wbn) Current total Assets Cash and Cash Equivalents AR & Other Receivables Inventories Other Current Assets Non-Current Assets Investments in Associates Property, Plant logical and Equipment Intangible Assets Total Assets Current Liabilities AP & Other Payables Short-Term Financial Liabilities Other Current Liabilities Non-Current Liabilities Long-Term Financial Liabilities Other Non-Current Liabilities grand Total Liabilities Controlling Interests Capital Stock Capital Surplus Retained Earnings Non-Controlling Interests Stockholders Equity 12/11 4,134 564 975 283 427 3,691 34 889 340 7,825 3,914 1,774 1,779 361 502 56 420 4,416 3,217 100 91 2,081 191 3,409 12/12F 4,994 418 1,814 231 352 3,632 35 928 341 8,626 4,499 1,850 2,253 396 999 191 781 5,498 2,912 100 90 2,172 215 3,127 12/13F 4,919 468 1,568 243 462 3,675 33 964 344 8,593 4,274 1,905 1,953 416 1,046 141 878 5,320 3,067 100 90 2,323 206 3,273 12/14F 4,878 532 1,4 27 255 486 3,650 31 933 347 8,527 4,071 1,991 1,643 437 993 101 865 5,063 3,267 100 90 2,519 197 3,464 Cash Flows (Summarized) Wbn) Cash Flows from Op Activities Net Profit Non-Cash Income and Expense Depreciation year Amortization Others Chg in Working Capital Chg in AR & Other Receivables Chg in Inventories Chg in AP & Other current Payables Income Tax Paid Cash Flows from Inv Activities Chg in PP&E Chg in Intangible Assets Chg in Financial Assets Others Cash Flows from Fin Activities Chg in Financial Liabilities Chg in Equity Dividends Paid Others significant Increase (Decrease) in Cash Beginning Balance Ending Balance 12/11 -697 202 311 62 1 -213 -1,075 -190 -54 -593 -135 441 -100 -4 400 145 93 245 0 -93 -59 -168 732 564 12/12F -816 126 78 65 2 -12 -969 -220 52 66 -50 150 -112 -4 79 186 516 601 0 -39 -46 -146 564 418 12/13F 489 185 71 64 1 10 291 247 -12 56 -58 -47 -100 -4 0 57 -392 -350 0 -39 -2 50 418 468 12/14F 432 230 62 62 1 30 212 140 -12 86 -73 23 -30 -4 0 57 -391 -350 0 -39 -2 64 468 532 Forecasts/Valuations (Summarized)P/E (x) P/CF (x) P/B (x) EV/EBITDA (x) EPS (W) CFPS (W) BPS (W) DPS (W) Payout ratio (%) Dividend Yield (%) Revenue Growth (%) negative EBITDA Growth (%) Operating Profit Growth (%) EPS Growth (%) Accounts Receivable Turnover (x) Inventory Turnover (x) Accounts Payable Turnover (x) ROA (%) ROE (%) ROIC (%) strict Liability to Equity Ratio (%) Current Ratio (%) Net Debt to Equity Ratio (%) Interest Coverage Ratio (x) 12/11 12/12F 12/13F 12/14F 11. 2 19.9 9. 8 8. 4 0. 8 1.8 8. 6 6. 0 9,992 6,556 9,518 11,770 13,153 9,869 12,760 14,910 146,152 130,821 138,428 148,290 2,000 2,000 2,000 2,000 19. 6 29.6 1. 6 1. 6 11. 7 -4.

5 33. 4 14. 3 -44. 7 -66.4 45. 2 23. 7 6. 1 4.1 19. 5 19. 5 2. 5 3.5 2. 2 2. 7 5. 5 4.

1 10. 7 15. 6 129. 6 175.0 115. 1 119. 8 -18. 0 -4.6 78. 1 109. 7Source: Company data, KDB Daewoo Securities Research estimates KDB Daewoo Securities Research 13 late January 17, 2013 Shipbuilding Hanjin Heavy I&C (097230 KS) Hold (Downgrade) Target Price (12M, W) Share Price (01/16/13, W) 10,000 Expected Return (%) 0. 0 EPS economic Growth (13F, %) RR Market EPS Growth (13F, %) 19.6 52-Week Low (W) 10,000 52-Week High (W) 23,850 Beta (12M, Daily Rate of Return) 1. 43 Price Return high Volatility (12M Daily, %, SD) 2. 7 Foreign Ownership (%) 9. Major Shareholder(s) Hanjin Heavy I Holdings et al (37.

We believe that the companyEs earnings and ready cash flow will not improve for the time being, given its tepid order performance amid the sluggish commercial vessel market, and the front suspension of its Youngdo shipyard due to a strike.Although the company has recently embarked on the development of an industrial site near the Incheon port, the project is unlikely to boost operating gross profit markedly due to high capital requirements and increased interest expenses. As such, the companyEs shares are unlikely to recover in the near term, in our view Although the companyEs shares are trading at a 2013F P/B of just 0. 4x, we believe that their investment merits are low.2) There is a slow growing possibility that the Subic shipyard will take new orders, as it possesses strong price competitiveness. However, as it is difficult to slender build highend vessels at the Subic shipyard, the companyEs earnings are unlikely to recover in the near future. 3) There are many labor-manag ement social issues yet to be resolved, including one related to employees who are currently on leave due to a lack of work. ) Although HHIC is meeting its short-term capital special needs through real estate disposal, the company will likely find it difficult to sell large-scale real estate assets due to the real personal estate market slump.Proceeds from the companyEs planned rights offering (estimated to at W180bn) should be only equivalent to its annual interest expenses. 6M -26. 7 -35. 5 12M -47.5 -103 2,795 76 2. 7 -10 3,071 83 2. 7 -32 EPS EBITDA FCF ROE (Won) (Wbn) (Wbn) (%) -1,496 312 487 -3. 6 -2,006 200 -224 -5.

0 0. 5 0. 4 0. 4 0.9 18. 0 Notes: All figures are based on consolidated K-IFRS; NP refers to net profit attributable to controlling interests Source: Company data, KDB Daewoo Securities Research estimates Daewoo Securities Research 14 January 17, 2013 Shipbuilding Hanjin Heavy I (097230 KS/Hold) Comprehensive national Income Statement (Summarized) Wbn) Revenues Cost of Sales Gross Profit SG Expenses Operating Profit (Adj) Operating Profit Non-Operating Profit Net Financial Income Net Gain letter from Inv in Associates Pretax Profit Income Tax Profit from Continuing Operations Profit from Discontinued Operations Net Profit more Controlling Interests Non-Controlling Interests Total Comprehensive Profit Controlling Interests Non-Controlling Interests EBITDA FCF (Free Cash Flow) EBITDA Margin (%) Operating net Profit Margin (%) Net Profit Margin (%) 12/11 2,892 2,665 227 140 87 108 -190 171 -2 -82 15 -97 0 -97 -97 0 -90 -90 0 200 -224 6. 9 3. 7 -3.0 2. 7 -0. 4 12/14F 3,071 2,764 30 7 224 83 83 -125 150 0 -42 -9 -33 0 -33 -32 0 -57 -56 0 184 146 6. 0 2.9 -2,006 323 36,806 0 0. 0 0. 0 -8. 7 -35.

2 -1. 3 -5. 1 2. 4 276.3 0. 4 24. 0 -2,123 -111 34,182 0 0. 0 0.3 8. 0 3. 9 -1. 5 -5.5 0. 3 12/13F 5. 9 0. 4 16.

8 20. 1 RR 3. 6 9. 8 4.6 87. 1 152. 8 0. 4 12/14F 10.0 9. 9 -5. 8 9. 9 RR 3.8 2. 4 267. 0 81. 7 157.

As of the publication date, Daewoo Securities Co. , Ltd. has been acting as a financial advisor to Hyundai Mipo Dockyard for its treasury stock trust, and other than this, Daewoo Securities has no other special interests in the companies covered in this report.As of the publication date, Daewoo Securities Co.* The target price was determined by the research political analyst through valuation methods discussed in this report, in part based on the analystEs estimate of future earnings. The achievement of the target price may be impeded by risks related to the subject securities and companies, as well as general market and economic conditions. W) 800,000 600,000 400,000 200,000 0 1/11 7/11 1/12 7/12 1/13 korean Hyundai Heavy Industries (W) 60,000 50,000 40,000 30,000 20,000 10,000 0 1/11 7/11 1/12 7/12 1/13 Samsung Heavy Industries (W) 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 1/11 7/11 1/12 7/12 1/13 Hyundai Mipo Dockyard (W) 50,000 40,000 30,000 20,000 10,000 0 1 /11 7/11 1/12 7/12 1/13 Hanjin Heavy I&C Analyst such Certification The research analysts who prepared this report (the „Analysts†°) are registered with the Korea Financial Investment Association and are subject to Korean marketable securities regulations. They are neither registered as research analysts in any other jurisdiction nor subject to the laws and regulations thereof.Except as otherwise specified herein, the Analysts have logical not received any compensation or any other benefits from the subject companies in the past 12 months and have not been promised the same in direct connection with this report.No part of the compensation of the Analysts was, is, or will be directly or indirectly related to the specific recommendations or views contained in this report but, like all employees of Daewoo Securities, the Analysts receive compensation that is impacted by overall firm profitability, which includes public revenues from, among other business units, the instituti onal equities, investment banking, proprietary trading and private client division. At the time of publication of try this report, the Analysts do not know or have reason to know of any actual, material conflict of interest of the Analyst or korean Daewoo Securities Co. , Ltd.Information and pinions contained herein have been compiled from sources believed to be reliable and in good faith, but such information old has not been independently verified and Daewoo makes no guarantee, representation or warranty, express or implied, as to the fairness, accuracy, greater completeness or correctness of the information and opinions contained herein or of any translation into English from the Korean language. If this report is an English french translation of a report prepared in the Korean language, the original Korean language report may have been made available to investors in advance of this report. Daewoo, its affiliates and their directors, officers, employees and agents do not accept a ny liability for any loss arising letter from the use hereof. This report is for general information purposes only and it is not and should not be construed as an such offer or a solicitation of an offer to effect transactions in any securities or other financial instruments.

The price and value of the investments referred to in this report and the income from them may go down as well as up, and institutional investors may realize losses on any investments. Past performance is not a guide to future performance. Future returns are not guaranteed, and a great loss of original capital may occur. Daewoo Securities Research 16 January 17, 2013 Shipbuilding Distribution United Kingdom: This report is being distributed by Daewoo Securities (Europe) Ltd.S. by Daewoo Securities (America) Inc. , a member of FINRA/SIPC, and is only intended for major institutional investors as defined in Rule 15a-6(b)(4) under the U. S.Any U. S. recipient of this document wishing to effect a transaction in any securities discussed herein should contact and same place orders with Daewoo Securities (America) Inc. , which accepts responsibility for the contents of this report in the U.S. or to U. S. ersons absent registration or an applicable exemption from the registration requi rements.