Once More to the Lake

During his vacation White notices that although the arrival to the lake was deferent, as well as the boats which were on the lake, the lake Itself had not changed at all. The commute to the lake had changed from what E. B. White had originally experienced as a child. The trip to the lake was now a completely new experience. Originally, getting to the lake was a long, highly anticipated Journey, starting with the train station and loading luggage onto horse buggies which would take them on a ten mile trip leading to the lake. The anticipation would grow as the carriage got closer to the lake.Coming over the last hill to see the lake and other campers cheering for your arrival was full of excitement. Now, there was no train station and there was no carriage ride. The excitement had been diminished by the newer paved road which led to within one half mile of the lake. The road now was the cause of campers to pull right up to their camp and unload in a quick amount of time and without be ing detected by fellow campers. Another change which had transpired was the updates of the camp Itself. The path to the lake was not the only one that had changed through the years.Walking three tracks in the road, but two. There used to be a middle track that was made by the horses pulling the carriages of people to dinner at the restaurant. Now, the path no longer was one for horses. Also, the store's parking lot used to be dirt and gravel, but is now paved for customers driving their cars to buy â€Å"manufactured drinks† rather than the root beer and birch beer White would buy when he was a child. Change was expected by E. B. White, but the one change he did not enjoy was the motor boats cruising across the water of the lake.Their newer designs with the outboard motors were unsettling to White and disturbed the peacefulness of the lake. The older boats had an inboard motor which was a much softer, relaxing sound which aided in the relaxation of a summer vacation. Even the way the boats were operated had changed as well. The older boats were not equipped with reverse, so landing the boat at the dock required a more sense of confidence, so you didn't crash into the dock with a speedy approach. Though there were many changes, one thing had not changed and that is the lake itself.Through all the changes E. B. White still managed to grasp the feeling that time had not really passed by because the lake remained the same to him. It is the one thing that kept people returning. The smells of the lake, the activities done by people on the lake, the fish that swam in its water, the people and the people too all had remained as White once knew it. He is fishing with his son at one point and a dragonfly lands on the end of his fishing pole and he describes that moment as if no mime had passed since he went fishing with his own dad as a boy.Even the paddle boat they were fishing from was the same color and had the same details as he remembered as if it were the e xact boat he paddled in before. One of the afternoons of their week-long stay a thunderstorm came and sent everyone returning to their camp. There White watched the storm come in Just as he had before. It was a fascinating spectacle for him to see the lightning, hear the thunder, and watch the rain fall on the lake as the storm moved on. As the storm left, people would come ace out to the lake in their swimsuits to swim in the rain. Once More to the Lake During his vacation White notices that although the arrival to the lake was deferent, as well as the boats which were on the lake, the lake Itself had not changed at all. The commute to the lake had changed from what E. B. White had originally experienced as a child. The trip to the lake was now a completely new experience. Originally, getting to the lake was a long, highly anticipated Journey, starting with the train station and loading luggage onto horse buggies which would take them on a ten mile trip leading to the lake. The anticipation would grow as the carriage got closer to the lake.Coming over the last hill to see the lake and other campers cheering for your arrival was full of excitement. Now, there was no train station and there was no carriage ride. The excitement had been diminished by the newer paved road which led to within one half mile of the lake. The road now was the cause of campers to pull right up to their camp and unload in a quick amount of time and without be ing detected by fellow campers. Another change which had transpired was the updates of the camp Itself. The path to the lake was not the only one that had changed through the years.Walking three tracks in the road, but two. There used to be a middle track that was made by the horses pulling the carriages of people to dinner at the restaurant. Now, the path no longer was one for horses. Also, the store's parking lot used to be dirt and gravel, but is now paved for customers driving their cars to buy â€Å"manufactured drinks† rather than the root beer and birch beer White would buy when he was a child. Change was expected by E. B. White, but the one change he did not enjoy was the motor boats cruising across the water of the lake.Their newer designs with the outboard motors were unsettling to White and disturbed the peacefulness of the lake. The older boats had an inboard motor which was a much softer, relaxing sound which aided in the relaxation of a summer vacation. Even the way the boats were operated had changed as well. The older boats were not equipped with reverse, so landing the boat at the dock required a more sense of confidence, so you didn't crash into the dock with a speedy approach. Though there were many changes, one thing had not changed and that is the lake itself.Through all the changes E. B. White still managed to grasp the feeling that time had not really passed by because the lake remained the same to him. It is the one thing that kept people returning. The smells of the lake, the activities done by people on the lake, the fish that swam in its water, the people and the people too all had remained as White once knew it. He is fishing with his son at one point and a dragonfly lands on the end of his fishing pole and he describes that moment as if no mime had passed since he went fishing with his own dad as a boy.Even the paddle boat they were fishing from was the same color and had the same details as he remembered as if it were the e xact boat he paddled in before. One of the afternoons of their week-long stay a thunderstorm came and sent everyone returning to their camp. There White watched the storm come in Just as he had before. It was a fascinating spectacle for him to see the lightning, hear the thunder, and watch the rain fall on the lake as the storm moved on. As the storm left, people would come ace out to the lake in their swimsuits to swim in the rain.

The Rise and Fall of ABC Learning

Q1: The aspects of the business strategy of ABC Learning resulted in increased business risk for the company including: the rapid expansion of market share, over-indebt, and blinding overseas investment. Rapid expansion of market share: ABC, which at its peak had almost 2200 centres in four countries, also had a flawed strategy to handle significant and rapid growth. When A. B. C. Learning Centers listed on the stock exchange in March 2001, it was a tiny operation with a market capitalization of just $25m. But five years later that number is approaching $2. bn as the company has quickly become Australia's leading operator of childcare centers. ABC pursued acquisition after acquisition – buying up as many existing centers as they could, and expanding their appetite by establishing more and more sites off the back of increasing debt. The company's acquisitions are getting larger so there is always a risk with this strategy that they will pay too much for a business or be unable to integrate it effectively. This meant that every new ABC sign that appeared on the horizon – equated to more and more debt. Ultimately ABC could no longer sustain their rapid expansion. With a falling share price and closer examination of their books it became clear ABC’s true value was significantly lower than previously thought. Over-indebted: In 2005, in order to satisfy the expansion plan, raising capital for domestically and globally expansion was done through issuing shares to public. ABC borrowed an enormous amount of money from Australian big four banks: CBA, NAB, Westpac and ANZ). In the wake of the global financial crisis, it couldn’t refinance its huge debts, so the administrators were called in. In the end, ABC got too big for its own good, also made itself to the end. Blinding oversea investment: After becoming the dominant player in the domestic market, ABC Learning has pursued an aggressive overseas expansion. The high levels of debt and dilutive capital raisings that have been required to fund its international ambitions have not pleased investors, and doubts about the company’s ability to repeat its local achievements in the US market have weighed on the share price. As the case told, artificially create apparent shareholder value may be misleading to potential investors in the company. Q2: Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured, which are created through time and/or effort and that are identifiable as a separate asset. There are two primary forms of intangibles – legal intangibles (such as trade secrets, copyrights, patents, trademarks, and goodwill) and competitive intangibles (such as knowledge activities, collaboration activities, leverage activities, and structural activities). Legal intangibles are known under the generic term intellectual property and generate legal property rights defensible in a court of law. Competitive intangibles, whilst legally non-ownable, directly impact effectiveness, productivity, wastage, and opportunity costs within an organization – and therefore costs, revenues, customer service, satisfaction, market value, and share price. ABC Learning valuated billions of dollars worth of now discredited intangible assets that made up most of ABC’s balance sheet. It increased profits rapidly through acquisitions, and cause the underlying problem when valuated the assets it acquired. Especially given that 70 per cent of its assets were intangibles. The inherent risk associated with the valuation of the assets was enormous and should haven been a red flag,’ said Dr Ross. In other words, it means that ABC did not have a particularly strong balance sheet. The company lists total assets of $4. 5 billion – of which, more than $3 billion relate to intangible assets (which are predominantly child-care licences and a small amount of goodwill). As a result, ABC has negative net tangible assets. Q3: Principle-based: Accounting standards may take the form of general principles, relying on interpretation and judgment by the financial statement preparers before they can be implemented. Historical cost depreciation provides a better example of a principles-only standard. Whereas, Rule-based: Alternatively, standards may take the form of a series of rules, limiting the flexibility and use of judgment allowed in their implementation. Rules-based standards often provide â€Å"bright-lines† tests which can easily be avoided. As a result, representational faithfulness may be avoided and a low degree of comparability will often result. Numerous exceptions may also result. The advantage of principle-based accounting standard is potentially very flexible with those new and changing products and environments. As such, they should also require less maintenance. For this case, applying principle-based accounting standard would be more flexible with changing conditions, and the trade-off for this flexibility is that strong enforcement is needed to keep the auditors honest; the accountants should be more latitude to address unique situations, and it may reduce manipulation of the rules as it provides financial statements which reflect much closer to the firm’s actual performance. While the rule-based accounting standard may include a lack of flexibility, hence require almost continual maintenance at times. Therefore, the fundamentally change from â€Å"bright-line† rules-based accounting standards to principles-based accounting standards help prevent another ABC-like fiasco. The dangers in removing â€Å"bright-line rules† describes as follows: it is more difficult to audit relative to compliance, and concern over consistent and reliable interpretations across entities. In this case, the system may be less regulated, and to the extent that they rely on individual judgment to interpret and implement the standards, there is a danger that they can be used to manipulate financial results. Q4 Agency cost of debt refers to an increase in cost of debt when the interests of shareholders and management diverge. In this case, the relevant agency cost that lenders face may include large dividend payments that result in less money in the bank for loan repayment and new debt competes with old debt for repayment. Because the lack of symmetry information desires between the management of ABC learning and lenders, managers intended to maximize their personal wealth which may mean lenders’ welfare is not maximized. Based on the hypotheses that the higher the debt equity ratio the more likely managers are to use accounting methods that increase income, managers of ABC Learning may violate debt arrangements by manipulating equity. Moreover, the lenders are likely to face risk shifting in this case. Therefore, agency cost happens when ABC Learning engages in behaviors that benefit more than lenders. For lenders, they could minimize the agency cost in shortening debt maturity, it can reduces the agency cost of borrowing in two ways. First, the increase in equity value from increasing the risk of he firm's assets is a decreasing function of debt maturity (Barnea, Haugen, and Senbet, 1980). Second, shortening the maturity of debt reduces the likelihood that a firm will have to exercise an option to invest before outstanding debt matures (Myers, 1977). They also can set up a debt covenant to mitigate the risk, and from a lender’s perspective, not only does a covenant reduce default risk but is also mitigates the debt-equity agency cost. Often, individual stockholders as owners of a corporation do not have direct control over the agency contract, but as stockholders they do have certain rights granted to them. Q5: It seems that previous and current auditors had divergent opinions about the company. The new audit team from Ernst ; Young took a very different view from ABC’s previous auditors from Pitcher Partners in several aspects such as the treatment of revenues and earnings, the valuation of intangible assets, for example, after taking over the Pitcher Partners’ place, Ernst ; Young did not allow ABC to place the same high value on the licenses to run childcare centers as Pitcher Partners had done. Ernst ; Young disputed the Pitcher Partners work and the situation escalated to the extent that the ABC board was forced to call in another accounting firm, KPMG, for its opinion. One of the reasons for divergent opinions of auditors is the accounting policy choice, The accounting policy choice research area investigates the inter-relations among the contracts existing between various stakeholders of the firm, the associated economic incentives of the contracting parties, and the consequent accounting choices made by managers to influence the payoffs to the various contracting parties. The other reason is the degrees of concern of the company are different, in other words, the extent of knowledge for the auditors are different, Pitcher Partners did not have a deep knowledge of the Full Operational Status of the company, so they can not valuate the objective value on the childcare licenses. The recommendations of CLERP 9 to promote auditor independence as follows: Non-audit consultancy income for auditors has been limited and must be clearly disclosed. Auditors must provide their firms with a declaration that they are free from any relationship that may interfere with their independence. And the audit partner must rotate off a company’s audit after 5 years( or 7 years in the case of small or rural firms). Reference list: Accounting Policy Choice, viewed at 10/05/2010. http://www.business.uq.edu.au/display/research/Accounting+Policy+Choice Adam Schwab, ABC learning the hard way as profits  slump, 26 February 2008, viewed at 10/05/2010. http://www.crikey.com.au/2008/02/26/abc-learning-the-hard-way-as-profits-slump/ Ken L, John H, John S, Jennie R, 2009, Company accounting, 8th edition, John Wiley; Sons, Australian,p149. Jeremy Sammut ; Gaurav Sodhi, The ABC of child care policy failure, viewed at 9/05/2010. http://www.cis.org.au/executive_highlights/EH2008/eh71308.html John C. Easterwood , Palani-Rajan Kadapakkam, Agency conflicts, issue costs, and debt maturity, viewed at 10/05/2010. http://www.questia.com/googleScholar.qst;jsessionid=LnzP1BQzKTGJxN2BX6hnvcHzdJcSYW2TGPQNtZLgNtR20dwgMfgc!783601474!-129296667?docId=5000275458 Natasha Bita ; Andre Fraser, Imploding as easy as ABC, November 15, 2008, viewed at 10/05/2010. http://www.theaustralian.com.au/news/imploding-as-easy-as-abc/story-e6frgaio-1111118041306 Tim Searles, Not so easy at ABC, 3 Mar 08, viewed at 9/05/2010. http://www.intelligentinvestor.com.au/articles/A-B-C-Learning-Centres-Limited-ABS/Not-so-easy-at-ABC.cfm?articleID=391596 Understand The Difference Between Principle-based Versus Rule-based Accounting Standards, November 10th, 2006, viewed at 10/05/2010.

Comparitive Essay on Japanese and Western European Feudalism Essay

?Amir continues to try to enlarge his ego. Teasing Hassan makes him feel better about himself. Amir does not feel like he is getting the one thing he wants in his life. He wants acceptance from Baba. Baba seems to favor Hassan, so Amir must establish that he is better than Hassan constantly. Baba says that he feels like he connects with Hassan better when he was talking to Rahim Khan. This is where most of Amir’s jealousy is derived from. Baba expresses his disapproval for Amir when he says, â€Å"If I hadn’t seen the doctor pull him out of my wife with my own eyes, I’d never believe he’s my son† (Kite Runner 23). Baba also says, â€Å"There is something missing in that boy† (Kite Runner 22). The other source of tension in Amir’s life is his relationship with Baba, his hard-driving and demanding father. Desperate to win his father’s affection and respect, Amir turns to the sport of kite flying, and at the age of 12, with the assistance of Hassan, he wins the annual tournament in Kabul. Amir’s victory soon is tarnished when he witnesses a vicious assault against his friend, who raced through the streets of Kabul to retrieve the last kite, Amir had sliced from the sky, and fails to come to his aid. Amir’s cowardness is compounded by a later act of betrayal that causes Ali and Hassan to leave their home, and he now faces the nightmare, bearing the burden of his poor choices for the rest of his life. Amir was haunted with demons from his childhood for his whole life. The one demon that stuck with him the most was the fact that he stood by and watched as his best friend and servant, Hassan, was raped by a boy named Assef. Hassan and Amir had known each other since birth and, â€Å"A kinship exists between people who’ve fed from the same breast† (pg.320). Even the major fact of Russia invading Afghanistan could not get his mind off the horror that he stood by and watched happen. Even him living in America for the remainder of his life did not distract him from knowing that he was the reason his best friend was sexually abused. He is haunted until the very end of the book when he goes back to Afghanistan to face †¦ Amir is clearly an emotionally unstable person, but his resentment towards Hassan is increased because of his own haunting guilt. This guilt that seems to be terrorizing Amir is caused by his experience of watching the rape of Hassan in the alley. Amir is so guilty that he can no longer be close to Hassan. Amir says, â€Å"I’d hear Hassan shuffling around the kitchen in the morning, hear the clinking of silverware, the whistle of the teapot. I’d wait to hear the door shut and only then I would walk down to eat† (Kite Runner 87). Amir has trouble facing his guilt. Amir’s guilt shows that he knows what he did was wrong. Amir refuses to renew his friendship with Hassan. Amir knows that he has done wrong because he says, â€Å"There was a monster in the lake. It had grabbed Hassan by the ankles, dragged him to the murky bottom. I was that monster† (Kite Runner 86). Amir eventually proceeds to the point where he can no longer deal with his everlasting guilt. Hassan is a clear representation of his guilt. Amir attempts to free himself from the guilt by getting the main representation out of his house. This is why he frames Hassan of stealing his watch; although this plan ultimately backfires and causes Amir even more personal anguish, it proves that he is an unstable and resentful person. Hassan was loyal to Amir through everything because that is the personality he was born with, because he grew up with Amir and looked up to him as a brother and a friend, not because he was born a Hazara and not simply because he was Amir’s servant. Amir never asked Hassan to do anything like that for him. This accentuated Hassan’s love and loyalty for Amir out of his own free will. When discovering that Hassan was Baba’s son, everything became clear to Amir: Baba’s affections for Hassan, Hassan’s undying love for his half-brother, Amir’s sibling rivalry and jealousy of Hassan, Amir’s betrayal of Hassan his own flesh and blood. It all just hit at once. The choices made by Amir and Hassan defined who they were and who they would become; Amir allows his original thoughts about Hassan to be tainted because he is a weak person. Although Amir and Hassan carved their names into a tree, Amir’s character complicates their ability to be best friends and their bond consists of a lopsided friendship. Both people associated in a friendship must act equally towards each other and they must hold love, loyalty, and trust for each other. Hassan was the beholder of all of these strong qualities that are necessary for the â€Å"best friend† relationship. Unfortunately Amir did not possess any of these qualities, and he did not realize all of his issues until he was informed that he was Hassan’s brother Rahim Khan called Amir back to Pakistan and told him that there was indeed â€Å"a way to be good again†(192). He gives Amir the opportunity to redeem himself by asking him to save Hassan’s son, Sohrab. Amir refuses at first and attempts to come up with excuses for himself to be able to turn Rahim down with out adding to his guilt. To convince himself that he wasn’t obligated to save Sohrab, he told himself that he had to be back home with his family and his job, but again the line that Rahim said played through Amir’s head. â€Å"There’s a way to be good again. † Amir knew that this was his last chance to earn his redemption and end his guilt (226). Amir had taken his guilt out on the very people that he had betrayed and then tried to run away from it all. To forget it. He realizes this and asks himself â€Å"what had I ever done to right things† (303). As Rahim says â€Å"Redemption comes when guilt leads to good. † You can may never fully get rid of the guilt or make right what has been wronged, but it is this guilt that motivates you to try. We see in his thought process just how motivated he is by guilt. As much as he doesn’t want to help Sohrab, he is drawn by the need for redemption, and the need to remove his guilt. This line running through his head over and over again shows just how much that guilt has driven him to yearn for things to be right and for himself to be good again. We don’t get to see Amir reach his point of redemption and we don’t get to watch him be completely relieved of his heavy laden of guilt. However the ending does leave us hopeful. Although nothing has been made right it was the beginning and leaves us with hope and the assurance that Amir is on his way to finding his redemption. Amir describes Sohrab’s lopsided smile at him being like the first snowflake melting in the spring, the first bit of good that had come out of his quest (371). Just the start of his slow process to redemption. What is the worst thing you have done to a friend or family member? Have you lied to them? Stolen from them? After the dreadful deed, did they forgive you? More importantly, did you forgive yourself? Regret and redemption are very important themes in the book The Kite Runner. Having regret for something can affect your whole life, as seen with the character, Amir. Through the development of Amir and his childhood friend, Hassan, Amir has to live with his regret and hope for redemption for the rest of his life.

Mediquip Case

1) The major strength that Thaldorf possesses is that the model of the CT scanner is the latest one. It is two years in advance, so that, there would be no risk of obsolescence for a long time. Moreover, they enjoy the word-of-mouth from their current consumers, i. e. other hospitals in the similar size of LUH. However, unlike their competitors, they do not understand the market situation and decision-makers well. There are more than one person involving in the decision making process but they do not know which one possesses the most of the power. Also, their price is not competitive enough.The price range of a CT scanner is wide and Mediquip charges at the upper end which could not meet expectation of price-sensitive buyers. 2) There are altogether 3 people in the decision making process. Professor Steinborn: a nationally-known radiologist. He is the one who use the scanner so he cares the quality and functions the most. Though he shows his favor to Mediquip, Mediquip still lost the order, so it seems he does not own a great power. Dr. Rufer: a physicist. His primary concern is the patients’ safety if the scanner could meet the technical specifications that he raised. Mr.Hartman: the general director of LUH. He put price as the top priority and also the durability of machines and delivery. It seems like he possesses the greatest power in the whole decision making process since price is the very major reason of the loss of order. 3) Generally speaking, Thaldorf could have effective and positive interaction with the above-mentioned persons. Though Professor Steinborn was once shocked that the price could not be discussed, he was soon pacified and even talked about his vacation. And he even told the Sigma’s price to Thaldorf, it shows his favor to Mediquip. ) September 3 Firstly, it was told by the secretary that there were a lot of heated discussions. It implies that there might be even arguments between Hartman who concerns price and Steinborn who favors Mediquip. And obviously, Steinborn lost from the discussions. And so, Hartman just like put-off Thaldorff asking him to give a final offer but the decision was made actually unless Mediquipp could really offer a competitive low price. 5) From this case, we should understand that, sometimes, possessing the newest model may mean nothing and we have to understand our customers better.You may encounter a lot of people during the process, but the important thing is to get the most powerful decision-maker pleased and favor to your product. Only that could bring you the order. Cause sometimes even your product is the best among the competitors, your customer may not know it. Therefore, the best practice is to formulate different strategies according to different customers, like if he is price-sensitive and do not know much about the product, different models with different prices could be introduced. And the customer could just choose whatever within his budget.

Toyota Motor Corporation Essay Example | Topics and Well Written Essays - 3000 words

Toyota Motor Corporation - Essay Example Toyota started announcing recalls of 8 – 9 millions after reports of 2000 fatal accidents and 19 deaths from its defective vehicles with accelerator and brake pedal issues. By February 2010 (just before ending of fiscal year on March 31), Toyota had recalled nearly 2 million vehicles from its main markets that also reflected in Income Statement, Cash Flows and Balance Sheet. In fact, the assets and liabilities / debts section were greatly affected from that recall because sales declined and products recalled simultaneously. Toyota Corporation estimated that recall would cost, at least, $2 billion in 2010 – 2011, which may increase in near future if suppliers would increase raw-material / inputs prices followed by high labour expenditures. It is worth mentioning that Toyota's sales in North America reduced by 16% alone in February 2010 in comparison to February 2009 just after the recall. On the other hand, the competitors operational in American markets were among the a ctual beneficiaries, since ‘General Motors recorded sales increase of 15%, Ford observed a growth of 24%, Nissan recorded the growth of 15%, and   Hyundai observed a phenomenal 24% growth in USA. Indeed, the recall enabled Ford Corporation to become second largest automobile seller across North America after General Motors. The recall sabotaged Toyota’s strategic and financial position because customers started switching to other brands, which later resulted in decline in market share. This just happened when Toyota had certain plans / aspirations to benefit from improvements in global economic outlook. Without any doubt, the company in the short - run has been unable to win trust of potential customers and maximise its monetary gains because of additional repair and delivery costs to be incurred from this recall. In addition, the loss of goodwill and reputation alone could prove quite devastating for company in near future when it will launch newly developed products. For instance, potential customers and industry analysts may raise questions about safety, security and reliability of Toyota’s vehicles. In a nut shell, it is justified to argue that Toyota’s balance sheet figures (assets and liabilities) position will deteriorate in fiscal year of 2011 because of mixed consumer confi dence on Toyota’s market offerings.  

Keurig System in the Office Coffee Market Case Study

Keurig System in the Office Coffee Market - Case Study Example This type of system is attractive in the office coffee market because it allows employees to choose the flavour they want. The chosen flavour is then ready in just 30 seconds. The cups are made to fit just the Keurig system. This would allow employees to only experience the different types at the office. This also eliminated maintenance associated with traditional brewers. Employees were also no longer tempted to take supplies home. Nick Lazaris has a huge predicament involving Keurig and MTS machine manufacturing. MTS is demanding more money than originally estimated. After finishing the project, MTS has asked for an additional $180,000 in payments. This was asked for because the machine took additional funds to get finished. There are many things Nick can do in this type of situation. Nick Lazaris should hold a meeting with MTS and discuss either continuing business or take up business with another manufacturer. If MTS required additional funds, they should have contacted Nick and explained that they would not be able to release the first packaging line until additional money was received. Instead of using unethical business decisions, MTS waited until the last minute and demanded additional funds. It would be in Keurigs favour in the long run to seek out business with a different manufacturer. The business ethics presented by Keurig at the beginning of production stages can only get worse as time goes on. MTS may start to demand more money and cause additional problems in the future. Nicks strategy needs to focus on letting MTS know that there are other manufacturers out there and MTS needs Keurig, not the other way around. The focused goal for production should achieve all the objectives of allowing all companies to succeed. Fair business is important. The amount should be the original $700,000 plus any additional cost that MTS had to pay out of pocket. The vendor selection for the brewing machines must be fair.     

Identification Essay Example | Topics and Well Written Essays - 2500 words

Identification - Essay Example Politically, socialist parties in the United States began fairing very poorly in the run up to the general elections. For instance, in the year 2008, socialist candidates and their parties received less than two of the three socialist candidates. This is way below what other socialist candidates in other nations receive. In Germany for example, socialist parties gathered close to 50% of the total votes cast in each successive election since the 1970’s. There are several theories, however, that explain this phenomena in United States politics or governance. The United States has never had a feudal system. Other nations had hierarchical systems which was lead from the top by a supreme deity while at the bottom of the system lay the commoner. Such systems were discriminatory in nature since it gave too much power to the person at the top at the expense of the common man at the bottom. A good example of such a system is the United Kingdom which has always been headed by the Royal family members. Since there is no known history of such a system in the history of the United States, it would be difficult to establish one presently. Most United States citizen prefer or think that they live a modest lifestyle therefore can be categorized as living in the middle class. Even the filthy rich would like to believe this fallacy. This means that majority of United States citizens fear class systems since it would make them look different from others. They do not appreciate the fact that some of them may be superior or wealthier than others but would rather be seen as equal to one another. For instance, the head of state from one regime to another have all been seen or reported to be engaging in activities that are considered to be done by the regular person such as collecting firewood or swimming by the sea shores. Unlike other socialist nations, the United States workers were not mandated to from parties so as to be heard in the national elections. Instead, workers we re granted freedom to vote or run for office without necessarily forming a labor party. Additionally, many political parties were ready and willing to welcome any worker who had interest in running for a particular political office. This can be seen in the way presidential candidates woo workers during campaigns by visiting them at their work stations and extending a welcoming arm to anyone who would like to join the campaign as well as searching for potential votes. Absence of socialism in the United States has played greatly to its advantage. It has encouraged equality among its citizens whereby everyone is given a chance to be heard or participate in whichever economic, social or political activity he or she wishes to engage in. This means that everyone has an equal opportunity to battle on a level ground without outside interference or having unfair advantage. It has also brought the government closer to the people and therefore can easily address issues affecting the general po pulation since the government has hands on experience and is accessible to the people. 2. Die Welle It is a German film released in the year 2008 by movie director Denis Gansel. The term ‘Die Welle’ is a German word that translates to ‘The Wave’. Based on a real life story, aims to address the issue of Nazism and potential outbreaks of this group in future. The plot of the story is set in Germany in local German School which is attended by rich and very intelligent students as well as the teaching staff. It all starts when a