Friday, March 13, 2020
Computer Aided Design essays
Computer Aided Design essays An overview of Computer Aided Design (CAD). The aim of CAD is to apply computers to both the modeling and communication of designs. There have been two different approaches - which are often used together - namely: at a basic level, to use computers to automate or assist in such tasks as the production of drawings or diagrams and the generation of lists of parts in a design; at a more advanced level, to provide new techniques which give the designer enhanced facilities to assist in the design process. The bulk of the development in CAD (computer aided design) has been in modeling the form of products (i.e. in providing techniques to assist in the representation of form using conventional drawings or new modeling techniques) or in systems to assist in the production of diagrams and the subsequent evaluation of designs represented by these diagrams. The driving force behind the provision of computer assistance for conventional modeling techniques has been the desire to improve the productivity of the designer by the automation of the more repetitive and tedious aspects of design, and also to improve the precision of the design models. New techniques have been developed in an attempt to overcome perceived limitations in conventional practice - particularly in dealing with complexity - for example in the complexity of form of some designs such as automobile bodies, or the intricacy of structure of products such as integrated circuits. Computer-aided design should therefore enable the designer to tackle a task more quickly and accurately, or in a way that could not be achieved by other means. Computer-aided design should involve the development of a central design description on which all applications in design and manufacture should feed. This implies that computer-based techniques for the analysis and simulation of the design, a nd for the generation of manufacturing instr ...
Tuesday, February 25, 2020
Dividend policy at Linear technology Case Study
Dividend policy at Linear technology - Case Study Example The paper tells that Linear technology has used all four types of dividend distributions. The company has used stock splits four times since its initial public offer (IPO) in 1993, 1996, 1999 and 2000, each of which has been 2 for 1 split. The company has also had share purchases every year since 1993 and every year thereafter except in 2000. Most of these share repurchases were done in 2002 and 2003. The dividend policy that Linear Technology chooses at a particular point in time will depend on a number of factors. These factors include the signal it wants to send to its shareholders, the need for funds to invest in new projects, the type of shareholders that the firm has, and the amount of cash the firm has at its disposal. The method of dividend payment should also depend on the tax implications. Linear Technology does not appear to be investing in any new projects. The figures also indicate that research and development expenses have declined since it reached its peak in 2001. Th is signifies that the company has to a certain extent run out of ideas. It is therefore sending the wrong signal to its shareholders who may believe that the companyââ¬â¢s growth prospects are good. The only technology company that showed signs of consistent growth over the period has been Microsoft. Linear seems to be totally focused on satisfying shareholders in terms of dividend payouts and maintaining a positive cash flow. There is no mention of any new projects or initiatives to grow the business. If Linear Technology wants to grow it could obtain a loan easily because the company does not currently have any debts. Furthermore, interest on corporate debt is tax exempt and the interest rate on AAA rated corporate debt has fallen every year since 1995. This may help to increase the value of the company and also increase the returns on shareholders funds. An advantage of using debt to fund growth is that interest paid on loans is allowable as a deduction for tax purposes while a dividend is not. Funding Requirements Linear technology desires to have sufficient cash flows so that the company can withstand any financial crisis. The company however, has the capacity to obtain debt. Linear technology manages it payroll expenses by issuing stock options to compensate employees. Therefore, when the company does well employees receive a higher profit share and so the company is able to maintain a positive cash flow as well as pay out dividends on a quarterly basis. Available Resources The company has a significant amount of cash available and this can be backed up with its capacity to borrow. Linear currently has over $1.5m in cash and short term investments. This may not however, be sufficient to finance a major project but would become useful in the companyââ¬â¢s bid to obtain a loan as it would provide a cushion in the event that the company is not able to pay interest expenses out of regular earnings. Costs and Benefits of Retaining Excess Funds Retaining excess funds can result in agency costs. Managers may be tempted to pay themselves excessively. It is more likely that they may not exercise care in the use of such funds since the pressures that normally arise from having limited funds do not exist. This lead to a waste of funds that could have been used to pay dividends. The benefits of retaining
Sunday, February 9, 2020
Skills and Competitiveness Essay Example | Topics and Well Written Essays - 4250 words
Skills and Competitiveness - Essay Example Advancement in technology has placed an even greater demand for skills. This is because the rate of technical change leads to higher levels of uncertainty for organizations which results in greater demand for problem solving skillsà (Streeck, 1989). Countries such as the U.K are facing pressure from emerging countries such as India and China owing to their high growth rates and supply of high skills. Also, the demand for a highly skilled workforce has increased in the midst of intense global competition which has forced companies the developed nations to engage in ââ¬Ëdiversified quality productionââ¬â¢ (Streeck, 1989). à On the contrary, critical studies have downplayed the importance of skills in securing innovation. In fact, the recent trend towards innovation may require ââ¬Å"de-skillingâ⬠or reduction in the content of skills (Toner, 2011). According to these authors, the reliance on skill development through training has been reduced. This is attributed mostly to developments in the labor market such as self-employment and casualisation which require non-standard nature of workà (Toner, 2011). Furthermore, labor migration and labor mobility have further increased the power of workers and have reduced the incentives for firms to invest in developing skills of workers. Furthermore, the increased female participation in labor also acts as disincentive to train female employees with skills that they know will no longer benefit the organization once the females quit work (owing to family responsibilities or maternity leaves).
Thursday, January 30, 2020
Code of Conduct Essay Example for Free
Code of Conduct Essay Public office is a public trust. It is the policy of the State to promote a high standard of ethics in public service. Public officials and employees shall at all times be accountable to the people and shall discharge their duties with utmost responsibility, integrity, competence, and loyalty, act with patriotism and justice, lead modest lives, and uphold public interest over personal interest. RULE I NORMS OF BEHAVIOR Section 1. Norms of Conduct/Behavior of NBI Officials and Employees. 1. NBI officials and employees shall always uphold public interest over and above personal interest. All government resources and powers of their respective offices must be employed and used efficiently, effectively, honestly and economically, particularly to avoid wastage in public funds and revenues. 2. NBI officials and employees shall perform and discharge their duties with the highest degree of excellence, professionalism, intelligence and skill. They shall enter public service with utmost devotion and dedication to duty. They shall endeavor to discourage wrong perceptions of their roles as dispensers or peddlers of undue patronage. 3. NBI officials and employees shall remain true to the people at all times. They must act with justness and sincerity and shall not discriminate against anyone, especially the poor and the underprivileged. They shall, at all times, respect the rights of others and shall refrain from doing acts contrary to law, good morals, good customs, public policy, public order, public safety and public interest. They shall not dispense or extend undue favors on account of their office to their relatives, whether by consanguinity or affinity, except with respect to appointments of such relatives to positions considered strictly confidential or as members of their personal staff whose terms are coterminous with theirs. 4. NBI officials and employees shall provide service to everyone without discrimination and regardless of party or religious affiliation or preference. 5. NBI officials and employees shall extend prompt, courteous, and adequate service to the public. Unless otherwise provided by law or when required by the public interest, NBI officials and employees shall provide information of their policies and procedures in clear and understandable language, conduct public consultations and hearings whenever appropriate, encourage suggestions, simplify and systematize policies, rules and procedures, avoid red tape and develop an understanding and appreciation of the socio-economic conditions prevailing in the country, especially in the depressed rural and urban areas. 6. NBI officials and employees shall, at all times, be loyal to the Republic and to the Filipino people, promote the use of locally produced goods, resources and technology and encourage appreciation and pride of country and people. They shall endeavor to maintain and defend Philippine sovereignty against foreign intrusion. 7. NBI officials and employees shall, at all times, uphold the Constitution and commit themselves to the democratic way of life and values and maintain the principle of public trust and accountability. 8. NBI officials and employees and their families shall lead modest lives appropriate to their positions and income. They shall not indulge in extravagant or ostentatious display of wealth in any form. In addition to Section 1, NBI Agents/Special Investigators are also duty-bound to: 1. Safeguard lives and property; and protect the innocent against deception, the weak against oppression or intimidation, and the peaceful against violence or disorder. 2. Respect the Constitutional rights of all persons to liberty, equality and justice. 3. Keep their private lives unsullied as an example to all. 4. Maintain courageous calm in the face of danger, scorn or ridicule. 5. Develop self-restraint. 6. Be constantly mindful of the welfare of others. 7. Be honest in thought and in deed, in both their personal and official lives. 8. Keep secret what they hear or see of a confidential nature or that is confided to them in their official capacities, unless revelation is necessary in the performance of their duty. 9. Keep personal feelings, prejudices, animosities or friendships from influencing their decisions. 10. Enforce the law courteously and appropriately without fear or favor, malice or ill will, without employing unnecessary force or violence, and without accepting gratuities. 11. Be exemplary by obeying the laws of the land. 12. Never use unnecessary force or violence. 13. Recognize their badge of office as a symbol of public faith and accept it as a public trust, to be held so long as they are true to the ethics of the law enforcement service. 3Public office is a public trust. It is the policy of the State to promote a high standard of ethics in public service. Public officials and employees shall at all times be accountable to the people and shall discharge their duties with utmost responsibility, integrity, competence, and loyalty, act with patriotism and justice, lead modest lives, and uphold public interest over personal interest. RULE I NORMS OF BEHAVIOR Section 1. Norms of Conduct/Behavior of NBI Officials and Employees. 1. NBI officials and employees shall always uphold public interest over and above personal interest. All government resources and powers of their respective offices must be employed and used efficiently, effectively, honestly and economically, particularly to avoid wastage in public funds and revenues. 2. NBI officials and employees shall perform and discharge their duties with the highest degree of excellence, professionalism, intelligence and skill. They shall enter public service with utmost devotion and dedication to duty. They shall endeavor to discourage wrong perceptions of their roles as dispensers or peddlers of undue patronage. 3. NBI officials and employees shall remain true to the people at all times. They must act with justness and sincerity and shall not discriminate against anyone, especially the poor and the underprivileged. They shall, at all times, respect the rights of others and shall refrain from doing acts contrary to law, good morals, good customs, public policy, public order, public safety and public interest. They shall not dispense or extend undue favors on account of their office to their relatives, whether by consanguinity or affinity, except with respect to appointments of such relatives to positions considered strictly confidential or as members of their personal staff whose terms are coterminous with theirs. 4. NBI officials and employees shall provide service to everyone without discrimination and regardless of party or religious affiliation or preference. 5. NBI officials and employees shall extend prompt, courteous, and adequate service to the public. Unless otherwise provided by law or when required by the public interest, NBI officials and employees shall provide information of their policies and procedures in clear and understandable language, conduct public consultations and hearings whenever appropriate, encourage suggestions, simplify and systematize policies, rules and procedures, avoid red tape and develop an understanding and appreciation of the socio-economic conditions prevailing in the country, especially in the depressed rural and urban areas. 6. NBI officials and employees shall, at all times, be loyal to the Republic and to the Filipino people, promote the use of locally produced goods, resources and technology and encourage appreciation and pride of country and people. They shall endeavor to maintain and defend Philippine sovereignty against foreign intrusion. 7. NBI officials and employees shall, at all times, uphold the Constitution and commit themselves to the democratic way of life and values and maintain the principle of public trust and accountability. 8. NBI officials and employees and their families shall lead modest lives appropriate to their positions and income. They shall not indulge in extravagant or ostentatious display of wealth in any form. Section 2. Norms of Conduct/Behavior of NBI Operatives. In addition to Section 1, NBI Agents/Special Investigators are also duty-bound to: 1. Safeguard lives and property; and protect the innocent against deception, the weak against oppression or intimidation, and the peaceful against violence or disorder. 2. Respect the Constitutional rights of all persons to liberty, equality and justice. 3. Keep their private lives unsullied as an example to all. 4. Maintain courageous calm in the face of danger, scorn or ridicule. 5. Develop self-restraint. 6. Be constantly mindful of the welfare of others. 7. Be honest in thought and in deed, in both their personal and official lives. 8. Keep secret what they hear or see of a confidential nature or that is confided to them in their official capacities, unless revelation is necessary in the performance of their duty. 9. Keep personal feelings, prejudices, animosities or friendships from influencing their decisions. 10. Enforce the law courteously and appropriately without fear or favor, malice or ill will, without employing unnecessary force or violence, and without accepting gratuities. 11. Be exemplary by obeying the laws of the land. 12. Never use unnecessary force or violence. 13. Recognize their badge of office as a symbol of public faith and accept it as a public trust, to be held so long as they are true to the ethics of the law enforcement service. 3
Wednesday, January 22, 2020
Business :: essays research papers
ââ¬Å"Website Comparison for Bankingâ⬠There is a big difference in nice-looking websites and websites designed to market business effectively. The many similarities and differences when viewing websites help end users determine who to conduct business with. Some of these include the look and feel of each website, the user friendly options, the navigation and accessibility when searching for a particular category or business. In this paper, we have compared and analyzed three different banking websites Washington Mutual, Compass Bank and Bank of America in an effort to summarize their effectiveness and to determine which website in our opinion would draw consumer interests. Washington Mutual à à à à à When evaluating Washington Mutualââ¬â¢s website, there was one feature that stood out more than the websites for Compass Bank and Bank of America; their advertisement for Free Online Banking. This is centrally located on the web page because it is in a bright color and is toward the top of the page which is eye catching to the viewer (WAMU, 2005). Many people today choose to do banking on-line to not only save money on checks and stamps, but it is also less time-consuming. By offering this service for free, Washington Mutual has more chances to gain new customers than other banks, which may currently charge for on-line banking. For those existing customers, the login screen to obtain account information is fairly accessible. It is located on the top right hand corner of the web page and also gives the chance for the user to inquire on the password in case they have forgotten it (WAMU, 2005). à à à à à Even though Washington Mutual does have a couple of features that stand out in comparison to the other two banks, we believe that their website could be more user friendly if there was not so much information crowded together which makes it harder to read. They do have access to pertinent information for those trying to locate specific information such as home loans or location information, but it does not stand out and it is not eye catching for the end user. This may deter someone from opening an account with Washington Mutual simply because of the setup of the web page. Pictures and icons are very important for websites because they can catch the viewerââ¬â¢s attention and it also makes their browsing experience a better one. People want to access their bank information or any other banking needs as fast as possible.
Monday, January 13, 2020
Impact of Government Policies Essay
Using material from Item 2B and elsewhere, assess sociological views of the impact of government policies and laws on family life (24 marks) Social policies are laws made by the state to bring a change to society. As stated in item 2B different political policies have different ideologies and agendas that they will try and reinforce through the family. One example of a social policy is The Family Act Law in 1996 which is a part of John Majors ââ¬ËBack to Basics Campaignââ¬â¢ and this introduced a one year waiting period before a couple could file for divorce. It was implemented to encourage and reinforce the nuclear family and give couples a chance to work on their relationships and not choose the easy way out. This policy was to favour New Right as they believe that divorce undermines the traditional nuclear family. In their view, divorce creates more welfare dependent lone parent families, 90% of all lone parent families are matriarchal families and prevents boys from growing up properly, without the male role model they need to be successful for the future. As stated in 2B the New Right argue that the benefit system undermines traditional nuclear family by encouraging lone parents through divorce. Postmodernists would totally disagree with New Right thinkers and argue that this policy creates less family diversity and stops the creation of new family types such as lone parent families and reconstituted families. As stated in Item 2B, feminists argue that social policies assume that the ideal family s the nuclear family, and this policy favours this sort of family. Feminists would argue that most divorces are made by women, seven out of ten of all divorces. And so feminists would think that by keeping women in a relationship for a year, this would be oppressing them to stay in an unhappy and maybe abusive relationship. This policy would reinforce the ideology that Ansley says women are ââ¬Ëthe takers of shitââ¬â¢. Marxists would disprove this policy as it serves the needs of capitalism, maintaining the nuclear family. It is also very expensive so it doesnââ¬â¢t give the chance to some of the working class to file for divorce which leads to more empty shell marriages and keeps the two in an unhappy relationship. This policy has the impact of encouraging the nuclear family by giving the couple time to resolve their disputes in hope of them agreeing to stay together. However Lister (1996) suggests these policies are ââ¬Ëan orgyà of lone parent bashingââ¬â¢, by removing the likelihood of a lone parent family, which is disliked by conservatives and New Right. Another policy introduced by Harold Wilson in 1967 was the Abortion Act. This allowed abortion to be performed on the approval of two medical practitioners, unless termination is immediately necessary to save a life. This policy was implemented by Labour and made contraception widely available, provided with women more choice in regards to their fertility, and allows them to pursue a career before having children. This policy was to control the size of the population, and reducing the size of the family encouraging child centered families and allowing parents to use their resources and more attention on these few children. New Right would disagree with this policy as they believe itââ¬â¢s reinforcing this ideology that women donââ¬â¢t have to start a family, it discourages the traditional nuclear family. Functionalists would also disagree as reproduction is a function of the family, it is not meant to be manipulated with and it discourages the traditional nuclear family in orde r for society to function correctly. However postmodernists would agree with this policy as it favours diversity and different family types such as cohabiting couples and single person households. Feminists would also agree with this policy as it gives women a chance to decide what they want to do with their bodies and gives them a a chance to focus on their career, before having children by choice. Marxists would agree as the nuclear family serves the needs of capitalism and with the use of abortion, there will be less families. This policy contrasts with the government policy in Romania in the 1980s where the former communist government attempted to increase the birth rate by putting restrictions on contraception and abortion, setting up fertility centres, making divorce more difficult to obtain and forcing childless couples to pay an extra 5% income tax. This was set up to increase the population and therefore increase the size families in Romania. In China, there was a one child policy to reduce population size and discouraged couples from having more than one child. According to Adrian Wilson (1985) the policy is supervised by workplace family planning committees, women must seek permission to try and become to try to become pregnant, and there is a waiting list and a quota for each factory. Couples who comply with the policy get extraà benefits such as free health care and higher tax allowances, An only child will also get priority in education and housing in later life. Couples who break the agreement must repay their allowances and pay a fine. Women are also faced the pressure to undergo sterilization after their first child. This encourages people to have one child and therefore affects family life by controlling family size through this policy. Another social policy is Working Family Tax Credit introduced by labour government and improves the conditions of the underclass. It is a state benefit made to families that work and have low income. It was implemented to provide a system of support to help families tackle child poverty and make work pay. The policy tops up the wages of parents moving from benefits to low paid work. It was a system of support for families by reducing the amount of tax they have to pay. It removes children out of poverty and allows more opportunity within the family for children, for example education because with more wealth the child will not experience material deprivation and will gain more cultural capital, consequently improving their educational prospects and more opportunities later in life. New Right would agree with this policy as it encourages people to have the traditional nuclear families by benefiting from it, functionalists favour this as the nuclear family serves the functions for society to run successfully. Feminists would dislike this policy as itââ¬â¢s encouraging women to stay in the traditional nuclear family as they can benefit from it, this causes women to stay in an unhappy relationship where they may be vulnerable to domestic violence. Marxists would also dislike this policy as the family is serving the needs of capitalism, further allowing the bourgeoisie to exploit its workers through the family. A final example of a social policy is Sure Start which was implemented by the Labour Government and aimed at giving every child the best start at life which offers a broad range of services including family health, early years care and education and improved well being programmes to children aged 4 and under. It was set up to end child poverty, reduce social exclusion and save money by creating well behaved youngsters who would be less likely to get involved in crime. It also brings benefits to health, education and familyà life and encourages parents to be better parents , gives single parents opportunities. A study published in December 2010, compared 5 year olds in sure start areas with their contemporaries in non sure start areas and found that there were fewer obese children in the areas where the programme had run. Parents felt there were many benefits, they said children were well behaved and healthier. New Right despise this social policy as it encourages more single parent families, knowing they will get help from sure start and undermines the traditional nuclear family. Functionalists would agree with New Right as it encourages more single parent families, undermines the traditional nuclear family and therefore the functions cant be performed through the family. Feminists would favour this policy as it lets women escape the oppression from the family, knowing lone parent families will get help from Sure Start. There are 12 and a half hours of free nursery available for children and this can encourage people to spend less time with their children so New Right and Functionalists would disagree as parents are supposed to socialize their children. Marxists would also disagree as it creates more flexible hours for parents to work, therefore serving the needs of capitalism. In conclusion, the impacts of government policies and laws can have massive effects on family life and differences in family types.
Sunday, January 5, 2020
Immigration Is A Biggest Issue Today - 1949 Words
In our lives there are lots of difficulties it makes us think to change to get better at life each day. Some of us can defend the problems toward the end they can settle. However, there are many problems we cannot solve because it is huge than our capacity. It makes everyone of us manage it by different courses by relocating starting with one nation then onto the next searching for another life. Immigrants are people who move to other countries in order to find themselves and live in peace. For many people, there are many motives for immigration such as freedom, education, life difficulty, war, poverty, economic opportunities, better jobs, natural disasters and political asylum. We can divide the immigrants into two reasons for immigrating; one the reason is leave in order to survive and the others attract to a new way of life. Immigration is a biggest issue today in the world; people move to specific places around the world like the United States, Canada, The United Kingdom, and som e countries in Europe. Even though they do not speak the language, all of them have the same dreams. Immigrants are very active and they work hard to accomplish their goal because this is a chance to begin their new life in a new country and to make sure that their goals have reached and make their communities proud of their achievements. It is fair for these immigrants to seek the citizenship of the country they are living in, so that they can be treated equally as the citizens that are born inShow MoreRelatedThe Issue Of Illegal Immigration1623 Words à |à 7 Pagesillegal immigration. The primary question that is asked is, ââ¬Å"How will you deport and limit the number of illegal immigrants in the United States?â⬠This question got me thinking, If I were in their position what would I say in response? The following essay will illustrate the ideas on illegal immigration. Facts Immigration has always been a problem ever since we put a border between the United States and Mexico. In the beginning it really was not as big of an issue that it is today. Today more thatRead MoreIllegal Immigration And Its Effects On The United States1327 Words à |à 6 PagesChris Boyd Professor Green September 17th, 2015 English 1A Illegal Immigration and its Effects on the United States One of the biggest issues facing the United States is the issue of illegal immigration. Recently, this topic has been heavily discussed in the presidential debates thanks to candidate Donald Trump, but exactly what is illegal immigration and how is it effecting us as citizens of the US? There are many aspects to this issue ranging from an economic standpoint to a moral standpoint so itRead MoreThe Growth Of Federal Debt And Deficit Essay1653 Words à |à 7 Pagesthe same has created a lot of anger throughout the country. 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The legal and moral issues within these countries like Syria, Mexico, Germany, Ireland and other countries concerning immigration have been debated and continue to be debated through the political views within the government each and every day. Individuals within the political realm who believe that it is morally wrong for a country to deny immigration status argue that immigration promotes democracy, egalitarianism and libertarianism but on the otherRead MorePersuasive Essay About Immigration1216 Words à |à 5 Pages Immigration is one the biggest issues people can deal with now a days. Hundreds of thousands of people legally and illegally enter the United States. Those immigrants come from all around the world leaving everything behind hoping to find better life. A lot of people think that the United States of America is the best place to go to. Immigrants mostly migrate from their home country because of the wars that destroyed their homes and the lack of right they have. They come to search for protectionRead MoreArgumentative Synthesis Of The Simpsons, South Park, And Social Satire871 Words à |à 4 PagesSatire The question of immigration had been one of Americaââ¬â¢s biggest issues since the 1500s. Mass immigration began in the late 1600s and became uncontrollable for the native population to control. In fact, many began to move west where opportunity existed. After the ratification of the Constitution in 1789, the question of immigration died down until the Irish and German immigration wave in the mid-19th century. Today, immigration is no longer a major issue, but illegal immigration is. All through theRead MoreIllegal Immigration Speech Essay765 Words à |à 4 Pagescontroversies about illegal immigration Today, I would like to inform you about the serious problems illegal immigration could cause. First, by giving you all the facts, and by explaining how illegal immigration, if continued, will affect our lives. Transition: Iââ¬â¢ll start by telling you about some illegal immigration facts and its history. Body 1 Americans have always been realistic about illegal immigration, but if it continues at the rate it is, we will be in trouble. a The biggest issue is the fact thatRead MoreThe Issue Of Illegal Immigration1420 Words à |à 6 PagesOne of the most controversial issues in politics today is that of illegal immigration. ââ¬Å"Immigration has been a constant source of economic vitality and demographic dynamism throughout our nationââ¬â¢s history.â⬠(CAP Immigration Team, 2014) There are thousands of immigrants that arrive in the United States each year. Over the years, illegal immigration has been growing despite policies made to prevent this growth. In my opinion, immigration will continue to be a social issue that is fiercely debated during
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