Gaz de France Essay Example | Topics and Well Written Essays - 1000 words

Gaz de France - Essay Example The interest rate also plays an important role. The prevalent interest of FF against USD will influence FF-USD forward exchange rate. The government budget also plays a role in the exchange market; a deficit in the budget increases foreign currency demand. Among listed parameters; account balance, foreign exchange reserves and government budget are considered as the core parameters. the period from 1980 to the 1st quarter of 1986. Both account balance, and foreign reserves decreased during years from 1980 to 1982. It would depreciate FF against USD, which is also confirmed by the increase in the deficit of the government budget. During the years from 1982 through 1985, an increase in the current account and foreign reserves were observed; however, the budget deficit during the same time kept increasing. This trend would further depreciate the French Franc. Budget deficit considerably decreased in the 1st quarter of 1986 with respect to 1985; this will appreciate the Franc. A combined analysis of trend of account balance, foreign reserve and budget deficit explains that depreciation rate will be substantial during the years from 1980 through 1984, which will slow down in 1985 demonstrating further appreciation of FF in the subsequent year with respect to the previous years. The exchange rate between two currencies is influenced by various parameters. This assignment has selected three parameters; current account, foreign exchange reserves and government budget. The set forth above section presented a forecast of the behavior of the FF-USD exchange rate. The attached graph displays the movement of the real exchange rate for years from 1980 to the 1st quarter of 1986, which confirms the forecasted behavior. The FF depreciated from 1980 to 1982 because all three parameters; budget, balance and reserve show decrease in values from 1980 through 1982. The current balance and reserves showed an in increase from 1982 to 1985, but the budget deficit showed

Critical Evaluation Essay Example | Topics and Well Written Essays - 2000 words - 1

Critical Evaluation - Essay Example McCullin has always depicted the unemployed, the impoverished and the downtrodden. NGC director and CEO Marc Mayer reported to have said, "McCullins photographs belong in an art gallery because they consistently bring clarity and compositional grace to their compelling subject matter. These pictures are both hard to look at and hard not to" (Mallet para 2). However, his recent encounter of Syria has not been displayed in the gallery, as Sobey Curatorial Assistant Katherine Stauble writes, "Likely (these images) were not meant to hang on a gallery wall, but rather, to communicate information, to reveal truths and to mobilize action. Now that McCullin has escaped the battlefield and for the past twenty years has been focusing his lens on landscape and still life, one might expect the artist moniker to sit more comfortably with him" (para 5). According to McCullin, "Photography for me is not looking, it’s feeling. If you can’t feel what you’re looking at, then you’re never going to get others to feel anything when they look at your pictures" (para 2). This is what has been the most predominant feature of McCullins photography as shown in Figure. 1. There has been embedded in his pictures "the feelings of people" rather than focusing on the other artistic values (figure 1). He, through his images, has tried to get the sympathetic feelings for the affected people. By capturing a childs picture, he is making use of emotions and feelings of people to get attention. As Susan Sontag writes in her book, Regarding the Pain of Others (2003), that sufferings and emotions sell more than any other factors (Sontag). The most effective and credible advantage of McCullins work (as shown in Figure. 2) would be his unbiased reporting. He not only showed images of the public dying and their sorrows, but he also showed the sorrows of the free Syrian army (Figure 2). "Im just a carrier pigeon that brings the message back home" (para 18), says McCullin. Thus, effectively,

Comparison Between Manufacturing Company and Service Company

Comparison Between Manufacturing Company and Service Company I am going to analyze and discuses on behalf of manufacturing industry (ALKEM LABORATORIES) and service company (WALMART) on the basis of different operations and functions. ALKEM LABORATORIES is INDIA based pharmaceuticals manufacturing company which formulate different types of medicines. it is rated the No 2nd company in the overall antibacterial segment, No.1st in cephalosporin formulation and No.3rd in over all Indian market. Alkem laboratories operates different operations like process design (arranging the stores layout to give smooth and effective flow of customers), product design (designing stylist products that can be flat packed efficiently), job design (making sure that all staff can contribute to the companys success), supply design (locating stores of an appropriate size in the most effective place), etc during manufacturing process as well as other operations. Alkem has many customers in domestic markets (India) and international market (Kenya, Nigeria, south Africa, Sri Lanka, Vietnam, Mongolia, Malaysia, Myanmar, Cambodia, Yemen, America, Eurasia, etc.) TRANSFORMATION / MANUFACTURING PROCESSES As per the consideration of TABLET MANUFACTURING process fig.1 shows the basic block diagram of tablet TRANSFORMATION PROCESS FLOW CHART. VISUAL INSPECTION METAL DETECTION SECONDARY PACKING MATERIAL SECONDARY PACKING TRANSFER TO FINISING GOODS STORE GRANULATION 12 COMPRESSION BLISTER OR STRIP PACKING PRIMARY PACKING MATERIAL COATING IF APPLICABLE RM RECEIPT TRANSFER TO MFG AREA Fig. 1 transformation or manufacturing process flow diagram. Granulation is a process by raw materials are mixing as per the required for tablet specification. Granulation take more time in tablet manufacturing process so we can say that this is internal part of bottleneck process. After granulation, compression perform to give specific required shape desired size of tablets. After finish compression process tablets goes to coating area where reduce mask the unpleasant test and odour. Visual inspection machines are used for finding damaged core or coated tablets. The last but not least process is packaging and it divide into two ways i.e. primary packaging with blister and secondary packaging with strip. After completion all these process finishing tablets transfer to finishing goods store as per inventory management. WALMART Wal-Mart is largest retailer service company in the world, headquarter in USA. The first Wal-mart store was opened by Sam Walton in 19961 in Bentonville, Arkansas. Wal-mart adopt different process management during operation like capacity management (coping with fluctuation in demand) , inventory (avoiding running out of products from sale) management, supply chain management (arranging for delivery of products to stores) etc. Wal-mart has worldwide customers. Wal-mart lays lots of values on different emphasis, example associate opportunity, sustainability, responsible sourcing, make large communities. Fig 2 : Wal-mart format Reference:- http://www.walmart.com/cp/All-Departments/121828 Accenture consulting (for fig 2,3,4) Figure3:-wal-mart operating diagram DIVISON WISE SALES Fig4:- Wal-mart Supply Chain complexities COMPARE BETWEEN ALKEM LABORATORIES AND WAL-MART ON THE BASIS OF COMPETITIVE PRIORITIES CORPORATE STRATEGY Comparison on the basis of COMPETITIVE PRIORITIES COMPETITIVE PRIORITIES ALKEM LEBORETORIES WAL-MART COST; High cost No No Low cost Yes Yes QUALITY; Top quality yes No Consistent quality Yes Yes TIME; Delivery speed No No On time delivery Yes Yes FLEXIBILITY; customization Yes No Variety Yes Yes Volume flexibility Yes No Competitive priorities is a factors that can deliver cost, quality, time, flexibility, etc. that define satisfy by internal and external customer requirements. It also has ability to maintain existing as well as new customer demand. ( Krajewski, page no.30) The Similarity between ALKEM laboratories and Wal-mart on the basis of competitive priorities are; Low cost Consistent quality On time delivery variety ALKEM laboratories and WAL-MART has low cost, because ALKEM has its own industry to formulate many types of raw materials (granules). which is very near to product manufacturing unit and other reason that many customer in the market. Apart from this causes they have own biogas plant which produce half electricity of the total consumption. WAL-MART also has low cost priority because today market facing with too competition so they need to maintain customers and loyalty and it can only happen with provide low cost product without affecting quality. One reason for low cost is their world impact i.e. world no.1 supplier as supermarket services. Consistence quality is all about expectations of the external customers specification on the consistent basis. ALKEM laboratories provide consistence quality because they have separate quality and control department to assure about quality. So that they always keep the defect free quality parameters due to update production process after every steps of manufacturing process. WAL-MART also carry consistent quality performance for that achieve customers loyalty. It provide defect less product in the selves they cannot compromise with customers faith. WAL-MAET always monitor consistently of defectively product and manufacturing date and its expiry date. On time delivery is also an essential similarity of both company ALKEM and WAL-MART. In pharmaceutical company like ALKEM has on time delivery because it products has limited period of time, and protect market reputation so that it carry on time delivery to avoid product waste and customer unsatisfaction. Same condition is apply in WAL-MART because they also tend to fulfil all satisfaction of customers and their demand by product. ALKEM laboratories provides different types of medicines (different types of tablets, injections, dry powder syrups, liquid syrups, etc ) as per the customer requirements and demand. ALKEM laboratories has cephalosporin formulation group and antibacterial segment group that is unique variety in Indian market. WAL-MART also provides large range of variety with different brands with different products as per all types of customers considerations regarding cost, variations etc. The dissimilarity between ALKEM laboratories and Wal-mart on the basis of competitive priorities are; Top quality Customization Volume flexibility ALKEM laboratories provide top quality because ALKEM formulate cephalosporin formulation product which has high customer interaction and involvement. Customer interaction all about unique product like cephalosporin and antibacterial medicine that are only provide by ALKEM laboratories in Indian market with desired quantity, durability, hardness, etc. ALKEM product has more demanding by customers so its also one of reason to make top quality product company. ALKEM try to satisfy each and every customer with their desirable medicine (with effective and quick action without any sidefect ). Their competitive priority is a customisation. They formulate medicine depend upon the age like children (0 11 years), teenagers (12 17 years), adults (18 32 years) etc. because every does of medicine is defend by parameters quantity of quality depend on age. Medicine also characterise by design shape and test which also depend on age, for example children likes sweets medicine with small size of tablets, etc. ALKEM laboratories has large volume flexibility because they are able to expand product manufacturing capacity as per customer demand. The volume flexibility basically carry depend on demand and requirement. Comparison on the basis of CORPORATE STRATEGY Corporate strategy is a strategy which provides positions itself in its global, economic, political and social environment. In other words corporate strategy gives positioning of a corporation and the business. Corporate strategy consists with Environmental scanning, Developing core competencies ( workforce, facilities, market and financial, systems and technology ), developing core processes and global strategy. (reference:- lecture slides notes OM book by Robert Johnston 5th edition; page no 92 ) CORPORATE STRATEGY ALKEM LEBORETORIES WAL-MART Cost leadership Yes Yes Product leadership Yes No Customer intimacy Yes Yes Cost leadership ALKEM laboratories and WAL-MART both caries cost leadership. ALKEM lab use cost leadership to increase maximum share. As I discussed in above, ALKEM deliver low cost product with high quality product because they have own generate raw materials by fully automated system so they also minimize labour cost. WAL-MART has worldwide branches with no.1 position in their field so certainly market share also increase by cost leadership technique. WAL-MART has gained maximum share price in USA market by the using cot effective technique as compare with other competitors. It has variety of items with variety of price so it able to satisfy customers with effective less cost. (reference by OM book page 47) Product leadership ALKEM laboratories is a product leadership company because they are providing effective unique quality of medicine in the market by considering each different types of customers need. So cost also differ from variation in but ALKEM never compromise its quality with cost. WAL-MART does not caries product leadership because it only concentrate on how to minimize cost of the product to stand up in the service market with customer satisfaction. (reference by OM book 8th page 47) Customer intimacy ALKEM laboratories as well as WAL-MART both has customer intimacy because they both have technique to understand and maintain existing and new customers requirements. WAL-MART use measuring card so that they are able to know customer interest. ALKEM lab also use measuring chart for that measure customer interaction, this can measure yearly or half yearly. So by this technique both companies are able to find customer intimacy. PART B Critically analyze Capacity planning Capacity planning which define excess level of output in operation, process, facility etc. of any organization. Information is very much acceptable to build a successful capacity plan or decisions for an organization. Now, here I am going to critically describe timing and sizing expansions as wait-and-see strategy; Timing and sizing expansion consists with expansion strategy and wait-and-see strategy. The expansion strategy which involves large infrequent jumps in capacity that is predictable. Wait-and-see strategy which involves smaller prediction or short term prediction. This type of capacity planning is preferred by many of organization but not in all organization. wait-and-see strategy cannot be applicable in pharmaceutical (ALKEM laboratories) company, because during manufacturing medicine get expire date. so if company predict more or less during manufacturing and it cannot be sale after manufacturing than company get loss. Therefore pharmaceutical (ALKEM) company always aware about this condition and formulate product that are demanded by other parties. (reference by notes OM book Krajewski 8th ed Nigel slack 5th ed, page no 320) Inventory management Inventory is nothing but it is stock of an organization where goods or finished goods are stored . Generally types of inventory depend on different organization because it change time to time as per demand requirement, but in general there are five types of inventory. Name them buffer or safety inventory, cycle inventory, decoupling inventory, anticipation inventory, and pipeline inventory. Managing inventory is big challenge for every organization because excess inventory gives less profits but less inventory gives more profits. Now, here I am going to critically describe cycle inventory and ABC control inventory; cycle inventory: Cycle inventory is for a product that having consistent demand or supply in market. We can also say that cycle inventory is a time bond inventory which supply demand at a specified time while product available in market or not. Example weekly, monthly, etc. organization specially retailers like wal-mart to have safety stock, and avoid the use of cycle inventory to protect themselves from running out of stock of products in excess demand or any discontinuity in supply chain. That will affect the trust and reliability factor that they have with their customer`s. ALKEM laboratories also avoid cycle inventory because its demand not at a consistent level at all time by supplier or customer. For example in one week customer demand for 10 thousand tablets strips but in next week or any other week customer demand for 2 thousand tablets strips. So variation in demand cannot fulfill by the use of cycle inventory. (reference by notes OM book Krajewski 8th ed Nigel slack 5th ed, page no 396 ) Supply chain Supply chain is a network that connect firms core process it may be internal or external, like raw materials delivery from warehouse to manufacturing unit, customer and supplier relationship, etc. It provide to achieve competitive priorities. Supply chain gives the information about bottleneck process and try to minimize this concept. It also providing lower operating cost and reduce inventory. The main aim of supply chain is to meet the end customer requirements and satisfaction. Supply chain may also define as, the tier of organizations their facilities, functions, activities that are involved in producing and delivering a product or service. Now, here I am going to critically describe outsourcing; Outsourcing is a way of process by which a organization takes the services of other company or firm and pays them for their services or materials. This can be only happen when two firms has same kinds of product manufacturing. AKKEM laboratories Pharmaceutical cannot use or prefer outsourcing because it will affect the quality parameters and if the quality parameters are not matched by even very small size, the results might be very big disasters. Medicine should be more perfection because it related with our life so ALKEM pharmaceutical company never want to be compromise with customer life. For example ALKEM company has 1.000% perfection products and other one pharmaceutical company has 1.001% perfection products. So ALKEM company never want be compromise with 0.001% less perfection. (reference by notes OM book Krajewski 8th edition, page no 47) Performance Measure Performance measurement is a activity that measure whole performance of process operation. This performance objective consists with quality, speed, dependability, flexibility and financial these all are measure by composite with customer satisfaction, overall service operation level. Performance measure also concern with constraint management like inventory, throughput, operating expense and utilization of all process. By using some techniques we can find performance measurement such as Performance matrix Six sigma technique Balance score card (Kaplan and Norton) Balance score card represent whole business strategic positions. It measure past financial conditions of an organizations. The balance scorecard measurement taken with the help of Kaplan and Norton. Balance scorecard provide important information about organization strategic so, that easy to measure performance of an organization. The only benefits of this process measurement is to give performance result in a single report. fig 5. Measure used in the balanced scorecard In financial performance, it performe past measurement of profits, shereholder interest, capital market structure, etc. this gives idea to make target plane for future market. In internal process perfprmance, it measure efficiency of manufacturing production speed, employee perfomance, etc. In Learning and growth performance, it measure and try to implement technological affect, innovative work, new product development, etc. In customer performance, it tend to evaluate customer feedback, customer rate of satisfaction, etc. Now, here I am going to critically describe about Balance score card; The balance score card does not show any future aspects. It only gives the past financial aspects or can measure financial aspects along with the past financial performances. It does not indicate what problems will come or occurs in future and does not provide any solutions for those problem. Balance scorecard not acceptable by ALKEM laboratories firms because it gives past financial measurement which is not quite good to make future plane . By the use of balance score card organization or company are not able to evaluate adequate future value through investment in customers, suppliers, employees, process, technology and innovation. So this performance measurement are also not accepted by ALKEM laboratories. (Reference:- notes Operations management, by Robert Johnston page no 613) Total quality management (TQM) Total quality management is a key of success of any organization or industry. In other words Total Quality Management is a way by which any organization or industry can get more quality and assurance with the help of three main principle that are Customer satisfaction, Employee involvement, and continuous improvement. Customer satisfaction is very much important because, it is a path to that any organization can achieve high level of loyalty and product demand. This satisfaction is achieved by specification of product, values, durability, support, and mental attraction. Employee involvement is a second success key for organization or industry. In this step every employee contribute his full potential work to develop cultural change i.e. time to time modification in production, technology, new innovation, etc in every sector and build a strong team to take effective decision. Quality at source is main that describe inspect defected product and after solve and proceed it in process, where it created. Continuous improvement is an improvement that indicate performance increment which can be more and smaller. Continuous improvement is also known as Kaizen which is Japanese words. Every organizations aim is to build image in market by attractive product launch so modification is very much important with innovative machine technology by this continuous improvement organization get accelerative benefits in less time. Now, here I am going to critically describe about Quality at source; TQM is applicable for more firm but not all firm. In the case of pharmaceutical company quality at source which is part of TQM is not accepted by pharmacy company because Quality at source say that, at every step should need to provide required quality parameters without inspectors for rechecking the quality but when the matter of life death as in considerable in ALKEM pharmaceutical firm this cannot be apply. So this part of Total quality management cannot apply in ALKEM laboratories, because it necessary to make sure at every step the exact quality maintained to avoid any disaster. (reference by notes OM book Krajewski 8th ed Nigel slack 5th ed, page no 563 ) PART C Evaluating mix I have chosen wait-and-see, cycle inventory, outsourcing, balance scorecard, and quality at source in part B so behalf of these topic, Now here, I am going to evaluate its impact on ALKEM laboratories firm on the basis of Competitiveness, Innovation and Sustainability. Competitiveness It provide services and product that full fill the criteria of quality, services standards with acceptable profits. ALKEM pharmaceutical laboratories cannot prefer wait-and-see strategy because by expanding its production, it may result in over production and the product has limited self life and due to this the chances of expiring before consumption increase. So it loss the product and investment. In the cycle inventory concept, ALKEM can loss its competitiveness because in case of fluctuation in demand from market, they will not able to withstand and hence will causes customer unsatisfaction, delivery time failure and loss the customer loyalty. Outsourcing is another factor which should be avoided because it causes product quality variation but in case of ALKEM laboratories i.e. quality oriented firm, where quality is first goal. So they cannot compromise quality with cost. Balance scorecard also a part of competitiveness loss because it does not indicate future financial performance, customer target etc due to having past measurement ability. Similarly ALKEM laboratories cannot recommend qualit y at source technique because increasing the chance of quality decrease. Innovation It is idea that transfer economical cost and satisfy specific requirement. Innovation is essential, it has to be used. Innovation has great impact on wait-and-see strategy because when higher production is required in short time than innovation and technology are the key points to be used together and improved to achieve the goals by increasing machine/ process efficiency. ALKEM laboratories should not used cycle inventory, but should innovate new process which are cost effective and productive for achieving customer satisfaction and market share. In term of outsourcing company cannot develop their ability in technology and innovation field with their product because in this term company develop their product with collaborate company. So ALKEM laboratories should not use outsourcing operation that might affect in quality as well as increase in cost and result will, loss customer faith. Balance scorecard gives the measurement of past financial performance, so that ALKEM laboratories should not use this technique that affect high financial, customer and proce ss development target. New era and innovation technique use to achieve improvement and high performance and their set target. Quality at source should not use in ALKEM laboratories, here innovation play vital role that means company should inspect the protect after every process steps to find out any problems and can hence become able to innovate new process of resourcing and making sure they are not happening again. Sustainability It is way of Ability to maintain an activity or process over the long term. Sustainability is main key to identify product durability, strength, etc. it growth is depend on natural condition or resources. Now in sustainability condition ALKEM pharmaceutical laboratories should need to prefer wait-and-see strategy, because it gives predictable production, so it is a way of continuous improvement or growth that affect the economy growth during natural disaster or unwanted natural condition, but apart from environment condition wait-and-see strategy should not be applicable in ALKEM laboratories. In the cycle inventory concept, ALKEM can loss its sustainability because in case natural disaster they will not able to maintain their customer demand so that result will causes like customer unsatisfaction, delivery time failure and loss the customer loyalty. Outsourcing is another one which should need to be avoided by ALKEM laboratories because they have limited time period of product and also it causes product quality variation so that it loss durability and stren gth over a long time period. Balance scorecard also a part of sustainability loss because it does not indicate future financial growth, customer target etc that indicate how sustain in market environment so ALKEM should not be use this concept. Similarly ALKEM laboratories should not recommend quality at source technique because increasing the chance of quality decrease that are not suitable for durability condition. CONCLUSION Thus, I have studied and evaluate different operation technique use in an organisation to make and maintain effective operation. I have also analyse all different operation which is not applicable / suitable for all type of company or organisation. So after this study, I have analysed that without operation management technique, organization cannot stay in challenging market. Indeed operation management is the effective weapon. SUMMARY The aim of this task is to elaborate different concept, approach and important of management operations, which are apply or may be apply in two different organization. The description contain, Comparison on the basis of competitive priorities i.e. cost, quality, delivery speed, volume, variety, etc. and corporate strategy i.e. customer relationship, product development, service modification, order maintain, etc. Apart from comparison this description also elaborate different theoretical concept and its evaluation and impact such as capacity planning, inventory management, supply chain, performance measurement, and total quality management. evaluation impact description based on new era and environment.

The Ballad Essay -- Literature History

This essay is about the Ballad, contrasting how the ballad went from an oral tradition to the ballad form known today. The Ballad can be any narrative song, but in technical terms a ballad is a specific literary form. The word ballad comes from the Latin and Italian word â€Å"ballare,† meaning â€Å"to dance†. Collins, (1985). The second word translation of â€Å"ballade† comes from the French language and means "dancing song". Oxford, (1995). Therefore a ballad is a song that tells a story, and was originally a musical accompaniment to a dance. Ballads are very old and were handed down orally through generation to generation before they began to be written down. Because of this, most of the surviving ballads have been greatly adapted as they were passed around. However, traditional ballads do share some features. The ballad is a narrative poem of popular origin usually very long, epic in style. The language is simple and is not sentimental. The poem can be about a relationship or an experience, good, bad, triumphant, or tragic, set to music. Hubbell (1923). Ch 235. Furthermore the structure and tone is made up of verses of four lines, with a rhyming pattern, repartition is often found in the ballad, entire stanzas can be repeated, like a chorus, or a repeated with certain words changed. The verse form, sometimes called the "ballad metre†. A question and answer can be built into the stanza and there is a lot of dialogue, with the action often described in the first person. Two characters can talk to one another in alternating lines or stanzas. Hubbell, (1923).ch,235. The core structure for a ballad is a quatrain, written with either a-b-c-b, or a-b-a-b rhyme scheme. "a" stands for one line ending, "b" for another, and "c" for another s... .... 3rd Ed. The Norton Anthology of Poetry. W.W. Norton & company Ltd. London. Bell, R. Ed. (1996). Ancient Poems, Ballads and Songs of the Peasantry of England 1550-1867. http://WWW.Gutenberg.org/ebooks/649. Accessed on 26/12/10 Eddy, S. Ed. (2009). Lyrical Ballads York advanced notes. York Press London. Hubbell, J.B. (1923). An introduction to poetry. The Macmillan company Ltd, London Attained on the kindle HTTP://www.amazon.co.uk/an introduction to poetry. Accessed on the 19/12/10. Mcleod, T. P. Hanks. Eds (1985). Collins Concise English Dictionary. Guild Publishing, London. Palmer, R. (1979). A Ballad History of England from 1588 to present day. The Anchor Press Ltd, Tiptree. Phythian, B.A. (1978). Considering Poetry An Approach to Criticism. Hodder & Stoughton Educational. Sevenoaks. Randall, D. Ed. (1971). The Black Poets. Bantam Books. New York.

Tangible Property Rights

Week Five Team Assignment: Tangible Property Rights Jo Darling, Mark Plenty, Chantile Smith, Chante Strickland LAW/531 April 15, 2013 David Cheatham, J. D. Week Five Team Assignment: Tangible Property Rights Tangible property is property that is seen and touched outside of fixtures (University of Phoenix, 2010). † Tangible property includes physically defined property such as goods, animals, minerals â€Å"(University of Phoenix 2010). The laws in the United States of America provides property owner rights of protection of their assets (University of Phoenix, 2010).In essence, any organization has an implied right to safeguard tangible property from damage or thief, and this is an organizational responsibility. Therefore, a comprehensive strategy by managers must assess the risks associated with doing business in their industry. This is never more apparent than in automotive retailing, tangible property on location can valuate to millions of dollars. Obviously, a coalition tha t includes a financier, attorney, accountant, and insurance agent would identify areas of concern and present remedies related to the full scope of the business.The common aspect of procuring a strong property and casualty insurance policy is mandated, and regulated. This is the most basic protection management can institute. Moreover, other meticulous methods designed to protect tangible property must be addressed. This composition will confront three issues tantamount for managers to consider, for the success of protecting its tangible property at an automotive store. Tangible Property Protection Plan Tangible property protection requires six perspectives that managers should consider when formulating a plan to protect its tangible property.Broom  (2008) indicates that the areas pertinent to a comprehensive plan are as follows: operations; reputation; regulation; legal; liquidity; and human element. The focus of this submission will discuss inventory, equipment and information. Automotive Inventory The vehicles on a car lot are considered to be the store’s most important tangible property. This inventory can be appraised to be upwards of millions of dollars relative to the size of the inventory. Management would do well to fence off the property to deter theft and vandalism. Of the $17 billion lost by victims of property crime in the United States in 2003, over $8. 6 billion (roughly 51 per cent) was the result of auto theft (FBI) 2004,† (â€Å"The key to auto theft,† 2006, p. 2). Furthermore car stereos, antennas and other accessories are subject to damage or theft if left unprotected (â€Å"The key to auto theft,†Ã‚  2006). Another aspect in this area is controlling access to the keys of the vehicles on the property. It is important to have a system that requires every sales and service person to log use.This means that activity for demonstration rides, merchandising the lot as well as maintenance and repairs need documentation . Many car thieves have obtained illegally, access to keys on the property. â€Å"They related stories about stealing keys from lock boxes that were attached to vehicles’ windows at car dealerships† (â€Å"The key to auto theft,† 2006, p. 919). Automobile Dealership Equipment Managers at a car dealership will find implementing a comprehensive maintenance program on equipment could increase efficiency and productivity.The prime area of consideration if it has one, is the service department. Broome (2008) relates possessing equipment that is state of the art, well maintained or in some cases replaced will reward the organization by increasing performance and reducing down time while enhancing the bottom line. Service will counter sluggish sales and leasing and provide stability when economic conditions cause older vehicles to be in use longer. Moreover, management should establish maintenance schedules on mechanical equipment and require a systematic system for pl acement of all tools.Detailed oral and written reports and firsthand observation should reveal the true value of the service department’s stock in trade. This should prompt managers to follow through and make decisions in a timely fashion for equipment replacement. Protecting Tangible Information Important tangible property at an automobile dealership also consist of copies of financial information, customer contract, and credit information. These records include both manual and electronic data, and management must provide a haven for storage.Therefore a safe located on the property fire and water resistant could preserve documents. On the other hand, provisions could also be made for storage of records away from the property. Electronic files on the local area network should have back up protection in the event of system failure (Broome, 2008). Conclusion Tangible property rights is the foundation granted by law that facilitates asset protection. Management has a duty to tak e initiatives that recognizes risk factors. The next step is to devise plans to mitigate the risk.However, a plan is only a good device unless executed (Broome, 2008). References Broome, J. T. (2008, September). Six steps to lower risk. Playthings, 106(8), 1-16. Chapter 4 reserve reading Cheeseman, H. R. (2010). Personal property and bailment [University of Phoenix Custom Edition eBook]. : Pearson education. Retrieved from University of Phoenix, LAW/531 website. Criminal, B. J. (2006, March). The key to auto theft. Advance Access Publication, 46(), 917-934. http://bjc. oxfordjournals. org. ezproxy. apollolibrary. com/content/46/5/917. full. pdf+html

The Boston Photographs

The Boston Photographs In â€Å"The Boston Photographs† by Nora Ephron, Ephron used most of the time writing about the reactions of the many readers all over the nation and world whom were shocked by the pictures that were published in their local newspapers. She should have used most of the time writing about the day when the incident happened. By doing this, it would have affected people a lot more than seeing the bad of it.In telling the facts, Ephron only provides factual information such as whom took the picture, what the picture is about, what type of camera he used, and what a variety of newspapers all over the nation did with the pictures. Ephron dedicates a large amount of writing telling the reactions to the photographs by first expressing her own reaction to the pictures and then in detail the reactions of readers and publishers whom published the set of pictures in their newspapers.Ephron gives a small amount of writing to editors and their defense of the photograp hs. Ephron only explains how several editors wrote columns defending the pictures. For Ephron’s own analysis she dedicates a very large part to explaining her analysis of the pictures and the people reactions of the publishing of the pictures and her views on the treatment of publishing such pictures for the general public. Ephron explains how the phone calls, letters, and Seib’s own reaction, were occasioned by one factor, which was the death of a woman.She explains how everyone’s reaction to the picture would have been different if the caption said that the women didn’t die or the child was killed instead because the picture would always be the same, but everyone’s reaction would be different. In the end Ephron explains how newspaper editors are afraid to publish such pictures such as the Boston pictures because they fear the reaction of the people and so they continue censoring such pictures.In my opinion, Ephron stabilities these numerous perce ptions in not such a good style of writing because she doesn’t provide an equal amount of words for each perspective and what needs to be addressed by each point of view and the importance of each view. I think if she spent more time giving equal opportunity to each perspective so that there is a balance in information that is being presented by each viewpoint then her essay would be a whole lot stronger and I would think that it would be less opinionated.In reading this essay I kind of wanted to know more about the people’s reaction as well as how numerous editors defended the photographs and the outcomes of those editors defending the publishing of those photos. For example, when the author say’s â€Å"The photographs are indeed sensational. They are pictures of death in action, of that split second when luck runs out, and it is impossible to look at them without feeling their extraordinary impact and remembering, in an almost subconscious way, the morbid fan tasy of falling, falling, off a building, falling to one’s death† (Ephron 657).This quote proves that the author uses her opinions rather other people opinions. Also, by using her opinions, her form of writing is not strong. If she used other people’s thoughts with her beliefs, then her writing would be strong enough to back up the information she is trying to present. I disagree with the author, because she doesn’t use vivid examples throughout the story. She should have written more about the special incident that happened and how everyone felt about it.Instead, she wrote who took the picture, what the picture is about, what type of camera the person used, and what did all the newspaper company’s all over the nation did with the pictures. For example, when the author says â€Å"The pictures were taken by Stanley Forman, thirty, of the Boston Herald American. He used a motor-driven Nikon F set at 1/250, f 5. 6-8. Because of the motor, the camera c an click off three frames a second† (Ephron 657). The author should have not put this information in the story, because is it unnecessary in the story, and does not belong in the story.The article makes me think about the incident that happened to the world trade center on 9/11, because it reminds me of people that had to go through the whole attack and how they felt about it. It is similar to The Boston Photographs, because the photos where published in the newspaper. After the 9/11 attack, seeing the photos on the front page, people went insane just as in The Boston Photographs. Works cited Ephron, Nora. â€Å"The Boston Photographs. † â€Å"The Norton Reader: An Anthology of Nonfiction. New York: W. W. Norton & Co, 2012.