Sunday, September 15, 2019

Golflogix Case Study Essay

Analysis: Market numbers suggest a much larger market of golfers as opposed to that of the golf courses. Units sold to target market differs with the target market in the case of golf courses because 60 units per golf course are sold. However, with various segmentation techniques, it can be concluded that the golfers who would buy the Distance-only or Complete System, would be those who measured their performance by measuring their handicap, thus forming the first target market within the golfers. Discouragingly, this was only 20% of the golfers. Also, the golfer market would further be divided by 4. Since a game usually consists of 4 players, only one of them would need the device, regular players may share the cost. Although the distance-only system is easy to get up and running, when sold directly to the golfers, the golfers would themselves need to outfit their green on the golf course. This would take away from the key value proposition to the golf courses that is ‘pace of play†™. Golf courses may need to charge an initial amount to the new customers (golfers) to take into account time spent in setting up the distance-only system. Also with the technical setup requirements of the Complete-System, it would be almost impossible for a golfer to do it himself. Also, with the golf-course channel, it will be easier to lock-in the golfers. The real benefit of the â€Å"Complete System† would be realizable to the end-user (golfers) when they see improvements in their game with their regular use of the system. Thus, locking the golf courses in who will push to throw in the system to the golfers per round would make its value proposition realizable. Sales to golf courses involve a three year lease, thus a guaranteed three year revenue stream and also the equipment can be reused elsewhere. If Golflogix goes with both channels, one may end up cannibalizing the other.  If devices are sold directly to golfers, golf-courses may not see any value in buying them, since their revenue in turn on the rent of the devices would not be guaranteed. Similarly, golfers would not buy the system if they knew golf-courses already provided it with a nominal fee. It is also noted that 80% of golfers played on public courses, which required a daily green fee. This was promising for the public golf courses channel, since with a per round fees, golf courses would make up for the cost of the golf logix systems much faster. Within the golf-courses, it would be beneficial to begin with the public courses. Surveys performed by the GolfLogix team, had compelling results. 80% of the golfers reported that they would regularly use the system if it were available on the courses they played. Also, 70% reported that they would be willing to pay $1-$3 per round. Appendix A is an income statement (with certain assumptions) that at the end lists the operating income per revenue stream. We see that with the retail channel, we lose one revenue stream. Up-selling to a Complete-system becomes easier with golf-courses. And although even the sum of the revenues through golf-courses is lesser than the revenue for Distance-only for golfers, two key points need to be kept in mind: 1) The equipment with the golf-courses channel is reusable, and thus costs incurred in the next three years will be lesser, and 2) # of units sold to golfers may reduce by 4, since the game is played in groups of 4. (# of unit numbers is derived from the market numbers above. A 1% penetration is assumed in the first three years ) Appendix A Golfers Golf courses Income Statement Distance Only Complete System Distance Only Complete System Revenue per unit $ 300 $ – $ 54,000 $ 72,000 # of units 267,000 $ – 170 170 Total revenue $ 80,100,000 $ – $ 9,180,000 $ 12,240,000 Cost of Goods Sold per unit $ 200 $ – $ 12,000 $ 17,000 # of units 267,000 170 170 Total cost $ 53,400,000 $ – $ 2,040,000 $ 2,890,000 Gross Margin $ 26,700,000 $ – $ 7,140,000 $ 9,350,000 Operating Expenses $ 2,700,000 $ – $ 2,700,000 $ 3,000,000 Setup Expenses $ – $ – $ 85,000 $ 340,000 Operating Income $ 24,000,000 $ – $ 4,355,000 $ 6,010,000

Saturday, September 14, 2019

Disadvantages of a Limited Company Essay

Cost – Some people will have you believe that a Limited Company is expensive to set-up. Not so! Our Company Formation packages start from as little as FREE! And include many related services and products that would cost you highly elsewhere. Complex Accounts – There are more complex and restrictive rules governing the accounts and bookkeeping of Limited Companies than sole traders (for example). The Company is expected to produce years accounts incorporating a double entry format, balance sheets and other notes. With the (generally) larger nature of a Limited Companies business this can be a time consuming and costly undertaking. The Company Warehouses accountancy service is custom made to ease the burden on Limited Companies. Our low-cost, competitively priced service will take hold of the accounting reigns and allow you to remain free to concentrate on the running of the business. Restricted Capital Raising – For Private Limited Companies, there is a restriction on the raising of capital via sale of shares. As mentioned, PLCs can gain further funding by the sale of shares, but this ability is lost to Private Limited Companies whose shares are restricted. Dilution of Powers – Due to the nature of Public Limited Companies, sometimes disputes will arise between Directors and Shareholders as their ideas of what is best for the company vary. Sale of shares to increase company funds will further dilute the management, as more and more people have a say in how the company is run. There is also a risk (since Companies can buy shares) that a takeover might occur this way. As you can easily see, the advantages of a Limited Company, far outweigh the disadvantages. So if you are looking to set-up a company, why not let www.TheCompanyWarehouse.co.uk help you? Our expert team have been helping entrepreneurs from all over the Country form successful businesses for years. Our Company Formation Services are the lowest priced around and as you can see from the table below we provide a wealth of extras included to help you on your way to success.

Friday, September 13, 2019

Arthur Millers Death of a Salesman (cited) Essay Example for Free

Arthur Miller’s Death of a Salesman (cited) Essay Marriage (796) , Death (671) , Arthur Miller (560) , Sales (458) , Death of a Salesman (121) , Willy Loman (98) , Henrik Ibsen (84) , A Doll's House (53) , Krogstad (43) , Nora Helmer (19) company About StudyMoose Contact Careers Help Center Donate a Paper Legal Terms & Conditions Privacy Policy Complaints Willy and Nora: Tragic Heroes or Home-wreckers? No one has a perfect life. Despite what Aaron Spelling and his friends in the media might project to society today, no one’s life is perfect. Everyone has conflicts that they must face sooner or later. The ways in which people deal with these conflicts can be just as varied as the people themselves. Some procrastinate and ignore their problems as long as they can, while others attack problems to get them out of the way as soon as possible. The Lowman and Helmer families have a number of problems that they deal with in different ways, which proves their similarities and differences. Both Willy Loman, the protagonist of Arthur Miller’s Death of a Salesman and Nora Helmer, protagonist of Henrik Ibsen’s A Doll’s House experience an epiphany where they realize that they were not the person the thought they were: while Willy’s catharsis brings about his death, Nora’s brings her to a new life; hers. Both character’s flaws bring about their departure from their respective families as well. They are both overly concerned with the appearances they and their families present to society: as a result they both project false images to others. From their appearance, both seem to be involved in stable marriages and appear to be going places. Willy’s job as a traveling salesman seems stable (although we never know what it is he sells) when he tells his family that he â€Å"knocked ’em cold in Providence, slaughtered ’em in Boston† (Miller 1228). It is not until Willy’s wife, Linda tells us that he â€Å"drives 700 miles and when he gets there, no one knows him any more, no one welcomes him† (Miller 1241). If that’s not enough to convince readers of his failure on the job, the fact that he gets fired after working for the same company for 36 years cements his incompetency in the business world to readers. While Nora does not work in the business world, (few woman, if any did over 120 years ago) her failure to take care of her responsibilities becomes quite evident as well. When the play opens and Nora enters with a Christmas tree and presents for the children, she gives off the impression of a good mother trying hard to prepare a great Christmas for her family. Upon further analysis we see that Nora’s duties, in general, are restricted to caring for the children, doing housework, and working on her needlepoint. Nora cannot complete these duties even with the full-time help of Anne Marie, a housekeeper who cleans up after Nora just as much as the children. When Nora and Kristine are having a discussion towards  the start of the play, Nora informs her friend that, â€Å"I’m so happy and relieved [with my marriage]. I must say its lovely to have plenty of money and not have to worry. Isn’t it?† (Ibsen 1119). The rosy picture she painted of her family and marriage are in stark contrast to the â€Å"stranger of a man† (Ibsen 1168) she refers to her husband as. We realize that she had not been living her life at all; rath er the life that her husband wanted her to live. While both Willy and Nora succeed in giving of the appearance of being competent, efficient and helpful family members who contribute to the well being of their respective families, they prove otherwise as the plays progress. While the two plays take place nearly 100 years apart, are set on different continents and each have completely different family members, both engage in lies and deceit that hurt their families; after which each protagonist leaves their family. Not only does Willy lie about his performance on the job, he lies about his â€Å"faulty car† as well. He tells his family that the Studebaker keeps malfunctioning when in reality we find out through Linda that he has been deliberately trying to kill himself. The biggest way in which Loman deceives his family is by cheating on his wife while away for work in Boston. When his eldest son discovers his father’s unfaithfulness, he loses all trust for his father, and Biff’s life pretty much goes downhill from there. Willy Loman’s lies, deceit, unfaithfulness have resulted in huge problems for his family. Nora also starts trouble in her household through lies and deceit. Nora’s crime of forgery is not even a crime in her mind; she does not realize that the law does not take into account people’s motivations behind their actions. While she knows that Krogstad has been associated with shady law practices, she does not realize that his crime was on the same level, if not less illegal than the one that she has committed. When Tourvald opens the letter and finds out about her crime, he goes ballistic, and cannot believe that his own wife could be capable of such a crime. This is ultimately the reason / situation that helps Nora realize that she must leave her family in order to begin to live her own life. But Nora even lies about the little things in life such as the eating of macaroons (Ibsen 1126). Her husband forbade her from eating them on account that they will rot her teeth, and when she is seen eating them in her house, she says that they are a gift from Kristine, which is a lie. Both Willy and Nora’s lies and deceitfulness frustrate their families to the  point where each protagonist much leave their family; although Willy’s departure is his death, Nora’s is the start of her real life. Both main characters also use an escape mechanism to leave reality when they realize that their lives are on the wrong path. When Loman starts to realize that his pride and joy in life, Bi ff, â€Å"is a lazy bum† (Miller 1218) he begins to talk to himself (Miller 1221). These mental lapses bring Loman to a happier place and time, when his kids were young and innocent and he thought that the best part of his life lay still ahead. This acts almost as a defense mechanism against the pains of reality for Willy. In the final scene, after Biff tells his father that he is â€Å"a dime a dozen† and that the Loman name really doesn’t mean much, Willy engages in the ultimate escape mechanism; suicide. Although it may appear on the surface to be a selfish and coldhearted move to spite his family, he actually did it so that his family may live a better life with money he thinks they will receive from his life insurance policy. When faced with the harsh pains of reality, Nora also uses defense / escape mechanisms to ignore the problems at hand first, then to conquer them in the end. She believes that she has done nothing wrong, and that if what she has done is illegal, that her good intentions will nullify the illegality of her forgery. When Krogstad informs her otherwise, tells her the possible repercussions of her act, and ultimately gives her an ultimatum, this is her first touch of reality outside of the doll’s house that she lives in. To cope with the harshness outside of t his doll’s house, she immediately retreats back inside and attempts to distract herself with Christmas decorations (Ibsen 1133). She uses the tree and presents to distract her from her problems, and tells the nursemaid Anne Marie that she’s too busy to play with her kids who want to see her because she must try to distance her mind from the subject at hand. Here she is only making the problem worse by not dealing with it. When she finally realizes that her â€Å"main duty [is] to [her]self† (Ibsen 1166), and that she has been living life according to what her father and husband have wanted rather than what she has wanted, Nora’s epiphany is complete. She knows that the only possible solution that can work for her is to leave right away. Willy and Nora both escape their problems first by drifting away with mental distractions, then when they fully realize their problems, they both must physically leave their families. For Willy this means death, for Nora, the  start of (a new) life. Willy and Nora share a fatal flaw: they try to make others happy before making themselves happy. All that Willy ever wanted in life was to be â€Å"well-liked† and for his sons to follow in his footsteps. Their lives focused too much on fulfilling others rather than themselves, and in the end this flaw led to their departure from each of their respective families. When Charley asks Willie â€Å"when the hell are you ever going to grow up?† and Biff declares that â€Å"we never told the truth in this house for 10 minutes† (Miller 1280) we realize that Willy will never grow up and that he must leave his family because he will never grow up and that nearly his whole life has been a farce. Similarly, when Nora tells her husband that the only way he (and her) can only change if Tourvald has â€Å"his doll taken away† (Ibsen 1168) we realize that Nora’s life too has been a farce and that she must leave in order to begin her own life. We will write a custom sample essay on Arthur Miller’s Death of a Salesman (cited) specifically for you We have essays on the following topics that may be of interest to you

Watching Erin Brockvich in Feminist viewpoint Essay

Watching Erin Brockvich in Feminist viewpoint - Essay Example The film Erin Brockovich is a moving, true story about a woman who overcomes hardships, including gender discrimination, to investigate a large corporate lawsuit. Her battle to present the case in the â€Å"man’s world† of a law firm is seen as an excellent step in the direction of feminism and empowered women. However, Erin Brockovich does not follow the guidelines of true feminism. In the film Brockovich displays an unfair advantage over her male counterparts that not only give her an upper-edge but also contradict the true meaning of feminism and gender equality. The best example in the film is Brockovich’s admittance into the county water board. The scene begins with Brockovich getting out of her car and walking toward the building. The shot cuts to the clerk inside who is frantically fixing his hair and straightening his clothes. He has an immediate attraction to Brockovich and her suggestive clothing. Brockovich enters the building, flashes a dazzling smile and begins to flirt and chat with the beaming clerk. She also makes a few comments that suggest she’s just a dumb girl who does not know or care at all about public records. Her hidden agenda is to gain access to public water records that might contain information on contaminated water. Ed Masry warned her that these records can be easily â€Å"lost† if the wrong people start asking for them. Her plan is to charm the clerk into letting her search the records alone. Most people would not be permitted full, unassisted access to a public records office.

Thursday, September 12, 2019

Experience when you have been the victim of the poison of Essay

Experience when you have been the victim of the poison of irresponsible power in your lifetime - Essay Example I remember many instances when he used his power to push people around or to make them do whatever he wanted them to do. As an intern, I was in the unfortunate position of being a workhorse. My boss particularly made sure that I was over worked at all times. I even had to perform some duties that were not mine so that my boss would not get angry and start calling me names. I remember one day I was late for work by five minutes. I had had to sit in traffic for close to three hours before I could get to work. The moment I entered the office, my boss came storming in, and started calling me names. I did not understand why he was in such a bad mood and yet I was only five minutes late. He did not give me a chance to explain myself, instead he went on and on about how lazy and irresponsible I was for neglecting my work. The truth is that I had no pending work for the day and I did not see why my boss had to react the way he did. In any case, I had always come to work early, in most cases, earlier than most of the other employees. That was the only day I was late, and he did not even give me a chance to exp lain myself. I thought that he was being unfair, but I feared him so much, there was nothing I could do to make him understand. In another instance, my boss came to work station and started shouting at me for no apparent reason. He complained that my work was poor and yet he had never companied before. The previous day, my immediate supervisor had commended a report I had done. Therefore, I was surprised that my boss found my work to be unsatisfactory. I had come to notice that it was his habit to pick on one of the junior stuff and berate them for small mistakes or accuse them of things that they had not done. To me, this was a form of bullying and what made it so bad was the fact that it was coming from the boss himself. In my view, it seems that he had no tolerance for other people and that is why he treated

Wednesday, September 11, 2019

Exception to the Right to Refuse Treatment Essay

Exception to the Right to Refuse Treatment - Essay Example This paper shall consider the exception to this right, more particularly in instances of emergencies when the patient poses a danger to himself or to others. It shall demonstrate how a health practitioner might justify a violation of the moral rule to treat a patient. It shall explain how such justification is determined and what the ethical implications are of such actions taken by the health professional. This paper is being undertaken with the hope of establishing a comprehensive and scholarly understanding of the subject matter, as well as its specific circumstances and applicability to patient situations and circumstances. Discussion The right to refuse treatment is not an absolute right. It may be restricted in emergency cases when the patient poses a danger to himself and others. This may often be seen among psychiatric or mentally ill patients and among suicidal patients who may enter stages of mental incapacity where they pose a danger to the public and to themselves (Kavale r and Spiegel, 2003). In these instances, the welfare of the public supersedes the right of the patient to refuse treatment. ... Normally, an incompetent person may not be considered capable of caring for himself and of providing for his needs; however, he may also be competent enough to understand the risks which some forms of treatment may pose on his health. In effect, although he is incompetent in some respects, he is still competent in some other purposes (Jeste and Friedman, 2006). It is therefore important to establish an incompetent person’s capacity to make treatment decisions before he can be allowed to refuse treatment. In most US states, the medical profession has recognized and acknowledged the fact that competent, but involuntarily committed individuals have the right to refuse treatment. The courts have even acknowledged the fact that mentally ill prisoners have the right and freedom to refuse unwanted antipsychotic drugs (Jeste and Friedman, 2006). Many states are still however very much divided on the issue of imposing procedural processes to protect such right. Some states have utilize d the decision-maker model which basically allows the medical professional to make the informal assessments of the patient’s competence (Jeste and Friedman, 2006). Others however, require the conduct of a formal hearing before a judge or other decision-makers. In these states, mental disorder and involuntary commitment are not sufficient elements to a determination of incompetence in making medical decisions (Jeste and Friedman, 2006). In which case, before a medical treatment is to be imposed on the patient, the judge must establish that the patient is not mentally capable of making treatment decisions, in other words, he cannot weigh the risks,

Tuesday, September 10, 2019

Operations Management Issues and Proposed Solutions Term Paper

Operations Management Issues and Proposed Solutions - Term Paper Example The illustrated non-communication and cooperation by the networks and applications team is a recipe for disaster. This is in terms of failures in coordination of vital information on the performance of new products off the production line. There is an increased need to have more integration within work domains because of the high technical content of the subject that is interlinked and interconnected through IT (Brocke 198). A failure by one department translates to a failure by the whole production team because all departments are dependent on one another for success. This requires proper process monitoring and management to ensure comprehensive process management by basing these decisions on calculations of economic effects (Brocke 282). This should be done in an interactive manner ensuring that not only are the employees involved, but also the managers and stakeholders are involved to guarantee harmony in attitude towards the company’s goals. Perspective. The proper and eff ective use and application of IT in operations management is faced with numerous challenges that if not addressed sufficiently lead to erosion of quality operations. This is a concern that has been voiced by quality assurance departments within and without the company. This is because the effect of the breakdown in communication has been reflected in the quality of service and products produced from the two above mentioned departments. The nature of CAG Inc.’s business operations require excellent logistical support to ensure their services and products are efficiently delivered to their customers. Process management in the company is dependent upon the success of its IT in terms of application and utilization. Evaluation of the company’s communication capabilities and their... This essay stresses that changing the organizational structure of the company especially in production from vertical integration to horizontal integration will create both new opportunities and challenges for the company. In the context of this paper, changing from a vertical structural group to horizontal integration will work towards improving communication barriers within the organization. Horizontal organization empowers employee to make their own decisions and collaboration occur seamlessly. This paper makes a conclusion that advances in information technology have created more complexity and with it increased complications in defining costs and risks. CAG claims to be a technology company which employs high calibre and a technically skilled workforce. One of the proposed strategies is to consider building the system monitoring product in house with resources from both Information systems and technology groups. In order to proceed in this direction, the management needs to understand specific business processes and take into account strategic goals, external partners, and required systems support—all of which deserve thorough investigation. They also need to evaluate common business factors—such as project and business validation—before choosing the right solution approach. There are some inherent advantages to develop in house product like leveraging skilled workforce internal to the company as they tend to be cheaper due to IT department being a su nk cost.