ZZZZ Best company Assignment Example | Topics and Well Written Essays - 1000 words

ZZZZ Best company - Assignment Example ZZZZ Best company The industry attracts various kinds of people. They can be young old, poor or rich. The entry requirements such as the license are easily attained. Some of the challenges that most of the players face in this industry include client’s complaints, payment of vendors and delay of payment. In his tender years around age 12, he was introduced into the industry of carpet cleaning, by his mother. After working for sometime, he formed his company the ZZZZ Best and began operations, at the age of 16 years. He used his entrepreneurial skills and smart minds to expand the company’s capital base. Minkow had an outstanding personality, which he later applies in creating a series of network, which helps his business to thrive into a fictitious multimillionaire empire within a short period. Mr. Minkow operated his company with a lot of caution in his bid to hide the fictitious business. For instance, he hires an accountant for a year in order to subdue an audit trail. This incident is seen when Mr. Greenspan, is resigned from his work, without proper procedures. The young entrepreneur Mr. Barry Minkow as the chief executive officer formed this company in 1982. It operated privately until 1986, when it went public. The company carried out operations in carpet cleaning until such time when Mr. Minkow realized difficulties in raising capital for the business. Minkow used the Company to get loans from financial institutions, which believed the financial values presented to them.

The California Gold Rush Essay Example | Topics and Well Written Essays - 2000 words

The California Gold Rush - Essay Example On January 24, 1848, Marshall was testing the mill wheel. As usual, the water running over it carried some sand and light gravel. But this time Marshall saw something sparkling in the sand. He picked out some small, odd-shaped beads of yellow metal. (p. 6) As the beads were tested and turned out to be gold, Sutter and Marshall tried to keep the discovery quiet for fear that the plan of an agricultural empire would be ruined when people start pouring to mine. Word gradually spread about the discovery until a San Francisco newspaper run a series of stories declaring the discovery of gold – at first as news fillers and later as headlines which naturally fuelled the furor. Sam Brannan owned this newspaper called the California Star. According to Judy Monroe (2002) at first, he did not believe the news about gold either but soon he became convinced and that on April 1, 1848, he ran six pages of articles about how easy it was to find and collect California gold. (p. 16) The news then spread like wildfire and thousands flocked to California from the West in that same year alone. While people came to California in droves, their bulk came only from the neighboring states such as Tennessee. It was after the farewell speech of the then President James Polk that finally launched the California Gold Rush. In a calm explanation of the situation in California, Polk validated the future of those who already came and those multitudes who will go to find the riches in California. His exact words were: The accounts of the abundance of gold in that territory are of such an extraordinary character as would scarcely command belief were they not corroborated by the authentic reports of officers in the public service who have visited the mineral district and derived facts which they detail from personal observation†¦ The explorations already made warrant the belief that the supply is very large and that gold is found at various places in an extensive district

Principles of Building Structure Essay Example | Topics and Well Written Essays - 2000 words

Principles of Building Structure - Essay Example When the beam has sufficient supported against any form of buckling, a failure of the beam is experienced. This results in the generation of the maximum material yield at one point of the maximum moment (Brett 1989). Hence, the applied loads have the potential of ensuring that the beam reaches its plastic moment capacity. This beam is regarded as laterally supported beam and the yield stress governs the design strength. When beams bend on a major axis, they tend to develop a stronger stiffness and strength. Thus, such beams become vulnerable to failure that results from lateral torsional buckling before they acquire their in-plane capacity of the plastic moment, which will brace them against lateral twisting and deflection. These types of beams are regarded as laterally supported beams. Beams bending strength design is governed by yielding and supported against buckling. A laterally braced section of a beam has a bending strength, which is the plastic moment Mp. Inelastic deformation is expected at the service load when the shape factor of the beam is large. However, for shape factors that exceed 1.5, 1.5My limit is applied at the factor load in order to control the inelastic deformation of the various sections of the beam. Such a provision is not expected to limit the plastic moment for the hybrid section when the yield stress is considered to be less than the expected flange yield stress. However, web yielding is not associated with any significant inelastic deformations. When the inertia moment about the axis of bending is less or equal to the out of plane inertia moment, lateral-torsional buckling never develops. Therefore, for shapes, which are bent within the minor axis and those that have lz = ly, lateral-torsional buckling limit state does not apply. Such shapes include circles and squares. Lateral buckling of a beam does not occur when the compression of the flange is adequate and the flexural

Bibliography Essay Example | Topics and Well Written Essays - 750 words

Bibliography - Essay Example Investors who are risk-averse and are searching for a recognized periodic payment arrangement usually prefer to invest in bonds. On the other hand, investors who wish to risk more than is the case with bondholders, and are seeking to be included as joint partners in a corporation. Investors who are risk-averse and are searching for a recognized periodic payment arrangement usually prefer to invest in bonds. On the other hand, investors who wish to risk more than is the case with bondholders, and are seeking to be included as joint partners in a corporation. The source describes one disadvantage in investing in stocks being that they do not necessarily guarantee returns. Bonds, however, guarantee returns (Kristof, 17). The source also states that there are greater prospects of high returns with stocks, even though there is also the likelihood of losing money. Compare and contrast the advantages and disadvantages of each? Milevsky, Moshe. Are You a Stock or a Bond?: Identify Your Own H uman Capital for a Secure Financial Future, Updated and Revised. New York: FT Press, 2012. The source describes stocks and bonds as being types of investment that give people the chance to invest their money in a specific business establishments in the hope of accruing handsome profits in future. Though both of these have a number of similarities, they also differ considerably in many ways. Both of these financial tools, in general, allow an individual to be able to invest in private or public companies, in the hope of being a future beneficiary through accrued profits. Stocks, which define the ownership shares in a corporation, are often the most favored by short time investor. One disadvantage in investing in stocks is that they do not necessarily guarantee returns. Bonds, however, guarantee returns. Therefore, there are greater prospects of high returns with stocks, even though there is also the likelihood of losing money. The source asserts that stocks are descriptive of a busin ess’s shares (Milevsky, 84). When a shareholder uses his own money to buy stocks from the company, he is actually acquiring ownership of the business. When the business realizes any profit, a percentage of it is given to the shareholders. In the matter of bonds, when a person invests in them, he is actually lending money to the business in question with the expectation that the firm will reimburse the bonds' amount along with a pre-determined interest rate on a definite time period. According to the source, business establishments may need to raise capital in such ways in order to expand into different localities or new ventures. They also raise capital in order to fund their businesses. Usually, it is the developing businesses that favor issuing stocks to get the necessary finances as this facilitates their growth while helping them to avoid accumulating more debt. The larger corporations are more likely to prefer acquiring capital by availing bonds without giving the chance of ownership to additional shareholders. The Risks involved in making investments in stocks and bonds Bernstein, William. The Ages of the Investor: A Critical Look at Life-cycle Investing. New York: CreateSpace Independent Publishing Platform, 2012. The source states that for the most part, making such investments in a company always has different risks for the shareholder; but can also deliver handsome profits (Bernstein,

Effects of Better Food, Education, and Technology Essay

Effects of Better Food, Education, and Technology - Essay Example According to the paper  with the spread of obesity, and several kinds of chronic and fatal diseases, and increase in the number of young patients, health and safety of people has become one of the prime objectives and determinants of the success of a government. Better food is not only likely to bring a decrease in the number and spread of diseases, but also bring a revolutionary change in the way people interact with one another, their energy level, their extent of physical activity, their efficiency at work, their ability to tackle issues both at workplace and elsewhere, and their ability to play a constructive role in the society. Critics may say that better food may result in a spread of obesity.From this study it is clear that education is the fundamental building block of the society. Better education will change people’s behavior for the better, reduce racism, increase employment rate, and cause social evils like poverty and violence to recede. An individual's suscept ibility to heart disease is reduced by 2.16 percentage points with four years of additional education. Research suggests that more educated Americans have lived longer as compared to less educated Americans. Critics may say that better education does not reduce unemployment as the number of jobs is limited anyway. This is wrong. There are many jobs available but unoccupied just because of skills’ shortage.  Better technology in school causes numerous positive effects on the quality of education.  ... Education is the fundamental building block of the society. Better education will change people’s behavior for the better, reduce racism, increase employment rate, and cause social evils like poverty and violence to recede. An individual's susceptibility to heart disease is reduced by 2.16 percentage points with four years of additional education (Picker, 2012). Research suggests that more educated Americans have lived longer as compared to less educated Americans (Cooney, 2008). Critics may say that better education does not reduce unemployment as the number of jobs is limited anyway. This is wrong. There are many jobs available but unoccupied just because of skills’ shortage. Better technology in school causes numerous positive effects on the quality of education. There has been a rapid increase in the use of technology in schools over the decades. Today, technology is the most fundamental element that makes the contemporary educational system unique and better as com pared to the old educational system. Effects of better technology in school include but are not limited to high participation level of the students, increased interest of students in studies, development of technological skills and expertise in the students, raised self-esteem of the students, improved ability of the students to grasp the core concepts and use them to contribute to the creation of more knowledge, enhanced ability of teachers to deliver more in lesser time, improved time management of the teachers, increased trust and confidence of the parents of students in the school, and consequently, increased profitability of the school’s business, and finally improved ranking of the

Sylvias Bar Essay Example | Topics and Well Written Essays - 1250 words

Sylvias Bar - Essay Example It did good business, attracting high volume of customers and earning sizable profits from its beginning in the late 1980s till the mid-2000s. From the late of 2000s, its profits started to decline, as the flow of customers reduced to abysmal levels, even close the bar for few days of the week. The response from the customers dwindled because of Sylvia’s long-standing strategies of offering products and services at high cost, playing outdated music and also due to the advent of more modern bars in the neighbourhood. This report will focus on the Sylvia’s Bar and will discuss its current situation or problems, coming up with recommendations for it to manage those problems. Cost and menu High cost in the sense, Sylvia’s was established as a high class wine and cocktail bar, aimed at the customers, who constitute the top end of the market. Because of this focus on a particular target segment, the price of the drinks and the food was on the higher side. Although Sylv ia’s Bar wanted to focus more on these high segment, who are able to pay the high prices. In the fact, with this pricing restrict its customer base. Due to these high pricing, other segments of the wide prospective customer base look for other options that the bar has to throw ingredients by the reduction of the customers, and this was validated by Sylvia’s waitress, Kate. â€Å"We throw too much food away, I’m not sure that the customers in town are looking for this kind of fancy stuff†. ... (Piron 2000). (Vickers and Renand 2003). So, by setting price on the basis of industry standards, and equal or less than its competitors, Sylvia’s Bar can expand its customer segment. Even while bringing in more customers, care should be taken not to compromise on the quality. Staffing The insistence of using only classically trained cocktail bar staff, who have completed a course in bar work at South Birmingham College, negatively impacts the finances of the Sylvia’s Bar. As these particular staff demand payment, which are double the ones paid to the casual bar workers, Sylvia has to allocate a sizable financial resources for the salary of these staffs, which further eats into their income. As the customers do not particularly insist on qualified employees from a particular academic institution and may not even know that fact, it is not compulsory for Sylvia’s Bar to recruit only them. Instead, they can recruit skilled and enterprising casual employees and impor tantly train them according to the job needs. (Mattila 1999). Training programs may not cost sizably, and on the other hand, the trained casual labourers can be paid only half of the salary paid to the other set of employees, thus saving crucial finances for the firm. (Kerfoot, Davies & Ward 2003). Sylvia’s bar also faced certain employee centric problems. Firstly, the employees had to wear a particular set of uniforms, and that according to certain employees was also very outdated. Barman Paul, 32 had this to say about it, â€Å"These uniforms are so dated and formal. I feel like I’m working in a church not a bar!† Importantly, this outdated feel of the uniforms would also negatively reflect among the customers, who might want to see employees clad in

Critical Thinking and Ethics Essay Example | Topics and Well Written Essays - 250 words

Critical Thinking and Ethics - Essay Example This is because the outlook is essential to critical reasoning does not occur or may be poor quality. On the other hand, ethical reasoning equips learners and professionals the knowledge and skills to apply appropriate theories and sculpt in a better ethical framework. Moreover, ethical reasoning help individuals in verdict and resolution making skills assess the result and query inconsistence pushing for rectification (Benner, Hughes & Sutphen, 2008). Critical thinking directly relates to the ethical reasoning; this is because in many professional carriers judgment are sampled in relation to the kind of thinking employed. This takes the lead in achieving to provide quality services to avoid harm. In this regard, critical thinking in the field of medicine can be influenced by information and understanding, employing strategies such as part of learning to categorize the issues and occasion, and holistically manufacture the resource in practice (Benner, Hughes & Sutphen, 2008). For instance, some doctors and police force in the china are deviating from the rules and principles governing critical thinking and ethical reasoning. The police execute the prisoners as their constitution states. However, a few doctors are employed carry the transplant of organs of the executed prison, which are sold. In addition, the doctors completely ignore the principles of ethical reasoning which emphasis on protecting the concepts of wrong and bad (Benner, Hughes & Sutphen, 2008). In addition, Dr. Chan in the surgical department of a restricted military hospital in the Southern China explains how they extract the kidneys. They cut a section of the bone from the lower leg, and the extracted organs are placed in a special liquid, which maintain their freshness before they are taken to kidney patient (Benner, Hughes & Sutphen, 2008). Performing this act is deviating from the moral principles of critical thinking and ethical