Wednesday, July 31, 2019

New Code Raises Standards of Pharmaceutical Ethics and Practice in UK Essay

1. Introduction Pharmacists play a role in the public health system and the provision of medical care public health system as critical as that of physicians. Most of the time, pharmacists only fill the prescriptions coming from physicians, but pharmacists often need to prescribe and dispense medicines on their own, especially over-the-counter drugs that people usually use for self-medication of common ailments.   With less prudence and circumspection, pharmacists may prescribe medicines that do more harm than good.   In recognition of these potential threats to the integrity of the pharmaceutical profession, the Royal Pharmaceutical Society of Great Britain (RPSGB) has developed a new code of ethics and performance framework, which provide that pharmacists and pharmacy technicians in the whole of UK receive quality education necessary for fostering the knowledge, skills, attitudes and values to provide a consistent and safe practice. In formulating the new pharmaceutical code of ethics, the Society, as the RPSGB is more popularly known in UK, noted how the profession has been smeared by controversies involving some of its members, regarding issues on assisted suicide, making a prescription error, sedating an unruly patient, dispensing high-cost drugs and recommending treatment that would allow parole7,,8.  Ã‚   This paper discusses the revised code of ethics for British pharmacists and pharmacy technicians as to the likelihood of its lifting the professional practice of pharmacy to new heights of ethical proficiency and integrity. 2. Literature Review The requirements of the revised code reflect key issues for modern pharmacy practice, such as encouraging patients to be involved in decisions about their care, respecting patient choice and working in partnership with other healthcare professionals8.   All the provisions of the code are supposed to reflect in the conduct, practice and performance of pharmacists and pharmacy technicians, designed as it is to promote and support a culture of accountability and professional judgment.  Ã‚   For this reason, the code sets out seven principles of ethical practice that pharmacists or pharmacy technicians need to observe in the pursuit of their profession.   2.1. Key Principles The revised code of ethics is based on seven principles, each of which is supported by requirements that explain the types of actions and behaviors expected of pharmacists and pharmacy technicians when applying said principles in practice. The seven principles are: 1) make the care of patients the pharmacist’s first concern; 2) exercise professional judgment in the interests of patients and the public, 3) show respect for others, 4) encourage patients to participate in decisions about their care, 5) develop professional knowledge and competence, 6) be honest and trustworthy, and 7) take responsibility for your working practices. Unlike previous versions, detailed standards and guidance will be produced separately from the code. Seven professional standards and guidance documents have also been developed to support and expand on the principles of the new code of ethics in the following areas: †¢ Patient consent †¢ Patient confidentiality †¢ Sale and supply of medicines †¢ Pharmacist prescribers †¢ Pharmacists and pharmacy technicians in positions of authority †¢ Advertising †¢ Internet pharmacy This means that people are forbidden to accept pharmaceutical work when they do not possess the necessary skills and competence7.   If they do have the proper knowledge and experience, the code says that the pharmacist should start work by establishing the scope of his role and responsibilities and clarifying any ambiguities or uncertainties about where his responsibilities lie.   In addition to complying with his legal and professional obligations, the pharmacist is also expected to keep up to date with and observe the laws, statutory codes and professional obligations relevant to his particular responsibilities8.   2.2. Role and Responsibilities If subject is a pharmacy owner, superintendent pharmacist or pharmacy manager in a hospital, trust, or other field of practice, the code obliges him to set the standards and policies for the provision of pharmacy services by his organization.   The idea is to make the organization – its premises, departments or facilities – properly maintained so that none of its activities would bring the pharmaceutical profession into disrepute.   For this purpose, all the medicines, pharmaceutical ingredients, devices and other stocks at the pharmacy premises or facilities are stored under conditions appropriate to the nature and stability of these products.  Ã‚   In hiring people, management of a pharmacy must conduct background check to ensure that they are qualified for the job and have no criminal records1. The code deems it important that the people employed in a pharmacy are conscientious enough to raise concerns about risks to patients or the public.   Thus, the pharmacy should emplace an appropriate and effective mechanism for staff to raise concerns about risks to patients or the public, including concerns about inadequate resources, policies and procedures, or problems with the health, behavior or the professional performance of others.   2.3. Ethical Development Ethical practice in any profession is commonly perceived to be the outcome of good education and training.   However, studies in the UK context reveal that classroom discussion and experiential clerkship training have no significant impact on the ethical decisions that pharmacists make later3.   In an interview of pharmacy students regarding parole and drug rationing, it was found that majority would recommend treatment to allow parole and restrict the use of expensive drugs6. The ethical choice here is between the benefits to the patient and the risks or costs to society. On physician-assisted suicide or euthanasia, few students expressed willingness to dispense any lethal dose of medication to terminally ill patients.   In cases of unruly patients, however, more students would dispense the appropriate sedative.   These responses give rise to questions so to whether pharmacy students are trained to be patient-focused in their future practice3. The code also specifies training on such aspects of pharmaceutical practice as good consultation skills and meticulous record keeping.   To the code, it matters if pharmacists forget to ask questions in a medication review or in dispensing a repeat prescription; or misinterpret body language and miss cues from patients about emerging problems. The reason is that pharmacists may be the only healthcare professional the patient is seeing routinely so it matters if they miss something or handle a clinical situation poorly.   2.4. Advertised Drugs A recent randomized controlled trial using model patients found that patient requests for advertised drugs were a stronger determinant of prescribing decisions than whether or not the patient had the condition the drug aimed to treat2. Another study of prescribing decisions in response to patient requests found that if a patient asks for an advertised brand, he usually receives it, although the physician is more likely to be ambivalent about these prescribing decisions6. These studies suggest a need for physicians and pharmacists to receive adequate training on how to respond to patient requests. The global withdrawal of the drug Rofecoxib from the market in 2004 illustrates this point. Rofecoxib was no more effective than alternative non-steroidal anti-inflammatory drugs in treating the symptoms of arthritis but it was widely promoted as safer and accepted by the public as such. Although there were studies that it brought the side effect of increased heart disease risks, the drug made it big in the market, with 80 million prescriptions worldwide3.   The market success of the drug is a testament to the triumph of marketing over science.   Only after the US Food and Drug Administration reported 35,000 cases of cardiac arrests and a congressional investigation was consequently held that the drug was pulled out.   The incident highlighted the need to ensure that health professionals are adequately prepared to evaluate promotional claims, and to assess and understand interactions with the pharmaceutical industry2. 3. Discussion Educators in many countries are clearly aware of the influence of pharmaceutical promotion on the health professions and wish to prepare students for this aspect of their professional lives. As a physician educator from India said, â€Å"†¦Whatever rational things we want to inculcate in them, that should be done in the student period itself. Once they taste big money then habits develop and later die hard9.†Ã‚   This is precisely the habit the code of ethics for UK pharmacists seeks to discourage. On pharmacy education, the literature agrees that there is no consistent, well-designed and deliberate approach to teaching students ethics during clerkship. Moreover, it has been observed that factors such as life experiences and normal maturation are likely to contribute to the students’ ethical development.   Acknowledging these limitations, the code simply seeks to determine if there were noticeable changes in the ethical decisions made by students at different points in their education. Since it was seen that classroom and clerkship experiences do not impact on the ethical decisions made by pharmacy students, the code encourages pharmacy schools to attend to this problem.   On top of the proposed agenda is a revision of the curriculum such that it can provide a deliberate and consistent ethical component to the clerkship experience5. A review of ethics literature in medicine and pharmacy found that pharmacy schools lag considerably behind medical schools in the integration of ethics into the curriculum1.   Additionally, medical schools were found to use a more patient-oriented approach to teaching ethics.   It is believed that a patient-oriented, clerkship-based approach could enhance ethics education and is worthy of further study.   The Society is thus currently making efforts to more effectively design and study alternative approaches to ethics education during clerkship, and throughout the pharmacy curriculum8. 4. Commentary The finding that pharmacy students do not learn ethical behavior from their classroom and clerkship experience in UK casts doubt on full compliance with the code of ethics for this type of healthcare professionals. The above studies conclude that students have a less defined professional ethical system, which may be due to a lack of pharmacy practice experience. They recommend that further studies be done to document the ethical growth and development of pharmacy students. Other authors have suggested that future studies longitudinally evaluate the influence of pharmaceutical education and training on the moral development and ethical behavior of students. Furthermore, it has also been suggested that ethics education should include both theoretical and practical components.   If the code of ethics has to influence the practice of pharmacists and pharmacy technicians, concerned authorities must take these suggestions to heart.   Otherwise, the code will only be good on paper.

Tuesday, July 30, 2019

Moby Dick Essay

Questions 1.The captain, Ahab wants revenge against the great white whale Moby Dick because he lost his leg to the whale. 2.Ishmael is the narrator. The first line is â€Å"Call me Ishmael.† 3.The two allusions are the names of Captain ahab and Ishmael. Referring to Captain Ahab: Ahab is a wicked king who goes against goes against God’s will, Like how captain Ahab goes against the white whale. Referring to Ishmael: Ishmael means â€Å"outcast† or â€Å"wanderer† like how he seams to be the only person who cares anything of the beauty of nature. 4.To Captain Ahab he all that is evil in the universe. To Starbuck, he is just an animal to be killed for oil. To Ishmael, he is nature and all it’s wonder, both beautiful and terrifing. 5.Melville wrote about whaling to create a cosmic allegory to show the unglamorous a whaling, he had a deep respect for nature and wanted to expose it. The industry was significant because it provided oil for lanterns, streetlamps, and machinery and was the main oil used. 6.Melville set sail for the south pacific when he was 21. 7.Melville befriended Nathaniel Hawthorne while writing Moby Dick. 8.The four harpooners represented different races and ethnic groups of the world bringing the Pequod to be like a symbol for the ship of state, a little democracy. 9.The Pequod is attacked by moby dick and is destroyed. Ahab was caught and shot out of the boat and vanished into the sea. Finally, Ishmael becomes the only survivor of the pequod, he floats around until he is rescued and picked up by another ship, The Rachel. 10.He was unemployed, desperately broke, and took a job as a customs inspector. He was forgotten by the public.Interview Questions to Ahab 1. What exactly did you do on the ship other than plot the death of Moby-Dick? 2. How did you keep up hope that you were actually going to encounter Moby-Dick again?3. How did you recognize and tell Moby Dick apart from all the the other whales in the world?4. Have you wanted to be the captain of a whaling ship your entire life? If not what profession did you aspire before?5. Avoiding sailor colloquial verbiage, can you describe the night of the incident with Moby Dick? Also, do you recommend anyone who is good at making ivory legs if this were to happen to anyone in the future?

Monday, July 29, 2019

Moot Skeleton Argument Essay Example | Topics and Well Written Essays - 1000 words

Moot Skeleton Argument - Essay Example The respondent argued that there were significant investment risks due to the financial crisis of 2007 thus limiting investment opportunities. In the second trust was an investment portfolio held in trust by the Barclays Bank for Betty Twix and her mother, Christie. The initial fund was $20,000 that the trustee invested in potato markets. The current value of the investment is $22,000. Betty contested the return on investment arguing that the trustee could have invested in wine markets. According to Betty, the trustee took into account non-financial considerations in choosing not to make such a decision. In such an argument, Betty knew that her grandparents were opposed to alcohol consumption. This was especially important because the bank manager was aware that her grandfather was a man of abstinence. With these arguments, Betty held that the breach resulted to a loss of $1,000. The trustee (respondent) argued that the wine market looked as profitable as the potato market at the tim e of taking that investment decision. The trustee learnt later that the wine markets were performing better than the potatoes market. More importantly, the trustee pointed out a clause that stated that â€Å"the trustee shall not be liable for any loss or damage whatsoever that may occur with respect to the portfolio investment hereby settled unless such a loss or damage shall be cause by trustees own fraud†. In response, Betty Twix argued that the clause was invalid since it was widely drafted and thus could not exclude liability for breach of duties of care or the duty to not to take into account non-financial considerations. In the first instance ruling, Judge McIntyre ruled that the Barclays Bank breached its fist duty of no to have regard to non-financial considerations. Barclays was ordered to pay $1,000 to compensate the loss to the second trust. Skeleton Argument on Behalf of the Defendant (Betty Twix) For trustees to act within the law, they should act within their c lient’s power to invest and select appropriate investments. Before making investment decisions, trustees usually take into account various risk implications. The trustee has the following duties:1 Duty to administer Trust by its terms Duty of skill and care Duty to give notices Duty to account Duty to communicate and furnish information Duty not to neglect Duty of loyalty Duty to avoid conflict of interest Duty of confidentiality The general operating principle in most cases requires the following: i. If governing instrument indicates the need for an action, the trustee may take it f it is fair to the beneficiary, or ii. If an action is lawful, the trustee may take it if the instrument fails to offer sufficient specificity With these facts, it s clear that the Barclays Bank was duty bound to diversify the trust investments on behalf of the beneficiaries. However, the trustee is not a guarantor of the principle and income of the trust but must act in accordance with fiduciary responsibilities. The Barclays Bank did not demonstrate sufficient faithfulness in the performance of its duties, particularly in selecting the potato market over the wine market. The trustee bears personal liability because it took into consideration nonfinancial factors in making such an investment decision.2 Furthermore, the bank acted in mistrust and failed to take into consideration

Sunday, July 28, 2019

Reflection on the class Article Example | Topics and Well Written Essays - 250 words - 1

Reflection on the class - Article Example Any sloppy writing could cost me my dream job. According to a Walden University article about communication skills, it is as important as any technical skill needed in a job. Thousands of dollars are spent by companies just to provide communication skills training for their employees. Better communication would lead to better collaboration within the workplace. The interview is an initial step in gauging the applicant’s ability to communicate, understand instructions and demonstrate one’s value system through their answers. It is imperative then for me to rehearse well and prepare for job interviews. Preparation entails knowing what to say when tough questions are asked. I must also show sincerity in answering the questions since people who conduct interviews are used to canned responses. Indeed, a person with good communication skills would not only be hired but considered for promotions as well whenever there’s an opportunity. Creating an ethical system is challenging especially when the environment fosters diversity. Individuals have different value systems depending on their culture. Nevertheless, this can be done in a working environment because the organizational culture provides some sort of a framework that employees must observe. The key to creating an ethical system would be to agree as a group on what values should be prioritized. If it’s honesty and integrity, then the whole team must agree on such they can be put into practice. The important thing in value creation is considering all the stakeholders so that it benefits people within and outside an organization. The creation of value is usually defined by nature of the business as well as the clients it intends to

Saturday, July 27, 2019

Phrmceuticl Indutry Case Study Example | Topics and Well Written Essays - 4750 words

Phrmceuticl Indutry - Case Study Example t the me time, product lifecycle re hortening becue of increing competition within the different therpeutic ctegorie. In 1998, in the UK, phrmceuticl R&D expenditure w 3.54bn, lmot third of totl UK expenditure on R&D. The bpi clim tht the UK phrmceuticl indutry invet more thn 20% of it totl turnover in R&D nd i reponible for over 70% of phrmceuticl reerch within the UK. (Coyne , 2005, pp.88-121) The increing cot of drug R&D, coupled with increing cot rtionlition nd control in helthcre ytem throughout the world, h fuelled the huge mount of cquiition nd merger ctivity within the indutry, which h now reched nother tge. The greement to merge in Jnury 2000 of the UK indutry leder Glxo Wellcome with mithKline Beechm, to form Glxo mithKline in $76bn meg-merger, will hve n enormou impct on the UK mrket, not let on indutry employment the compny rtionlie opertion. lmot ll the other mjor phrmceuticl compnie operting in the UK hve undergone or re in the proce of undergoing merger nd cquiition, including trZenec, Pfizer nd Wrner Lmbert, hire nd Robert, nd Celltech with Chirocience nd Medev. The mrket i divided into two ector: precription-only medicine (POM) nd over-the-counter (OTC) medicine. POM re obtined only with precription from qulified medicl profeionl nd dipened only by regitered phrmcit in licened phrmcy outlet. Promotion of precribed phrmceuticl i extremely limited, being confined to dvertiing in profeionl journl. The vt mjority of precribed phrmceuticl in the UK re precribed through the Ntionl Helth ervice (NH). ccording to the bpi, UK expenditure per peron on precription medicine, t round 88 per yer, i low in comprion to other mjor Europen countrie - only round hlf tht of Frnce or Germny. However, the proportion of expenditure on drug in the NH i riing, in pite ttempt to contin cot. It roe from 8.7% of the totl NH budget in 1980 to 12.7% in 1997. The proportion of people exempt from NH precription chrge h lo rien tedily, from 60% of ll precription in the 1970 to more thn 85% in 1998. (Coyne , 2005, pp.88-121) In recent yer, the NH h been in n lmot contnt tte of finncil crii, which h led to evere budgeting problem. There h been widepred reporting of o-clled rtioning' of certin drug, leding to lottery of cre' where the vilbility of tretment cn be dependent on the ptient' helth uthority. The UK i reported to be the highet uer of cheper generic drug in Europe, well being the lowet uer of new drug - with the proportion of generic drug precribing hving rien from 41% in 1991 to more thn 60% in 1997. (Coyne , 2005, pp.88-121) In contrt, the mrket for OTC phrmceuticl i conumer orientted. Certin product, deignted phrmcy-only product, do not require precription but cn only be old t licened phrmcy under the uperviion of regitered phrmcit. Other product, deignted generl le lit (GL), cn be obtined t wide vriety of retil outlet with no requirement for phrmcy or phrmcit. Multimedi promotion of GL product i widely permitted. Min medi dvertiing expenditure for OTC phrmceuticl (excluding vitmin nd upplement nd medicl good), roe from 97m in 1998 to 116.8m in 1999, n incree of 20.3%.(Mrci , 2004, pp.109-111) The NH will continue to be under preure for the foreeeble future, with the demnd of n increingly geing popultion on one hnd nd the introduction of new therpie on the other. The OTC mrket will be fuelled by the increing number of drug (often well known) entering the OTC

Literary works comment on society Essay Example | Topics and Well Written Essays - 250 words

Literary works comment on society - Essay Example These all show her vacillation between tradition and modernization, comfort and progress, and that Tess is unable to decide which is right for her. The new order seems to ignore emotion, but the idea of condemning the baby Sorrow to eternity in purgatory for the sake of her anti-Christian beliefs makes â€Å"her nightgown damp with perspiration† (Chapter XIV). Tess becomes the unsure frontrunner of the new, twentieth-century combination of Christian doubt and personal spirituality. Tess is personified as a â€Å"daughter of Nature† (Chapter XVIII), with religion as a function of civilization, and as such she cannot quite choose which authority to be persuaded by: tradition deems that she should follow Christian law closely, although certain allowances are made in her hometown. For example, near the start of the novel, Tess participates in Cerealia, a festival for the Goddess of the Harvest (Chapter II).

Friday, July 26, 2019

Research paper Example | Topics and Well Written Essays - 2000 words - 4

Research Paper Example These technological advancements led to the introduction of the internet, which most sectors have been put in use in their operations. The essay that follows is a research on the potential of the internet for building and establishing communities with reference to specific online groups. The internet is a communication medium that people use in their daily life activities due to its viability. The idea of its use has a long history line where people in the past years used to communicate to others, but discoveries and advancements in communication technology by visionary people brought changes in its current usage in the present society. These discoveries aimed at creating a new communication where people would effectively communicate with others, putting in mind how proper use of the internet can impact the community (Riel, 2013). Most of online programs rely on the internet for their operation, a quality which has made its use rampant in the various activities. The internet and Soci al Networks The internet contributes in a large percentage the way social media operate, since operation of online groups like blogs, online chats, YouTube, multiplayer online games, Facebook, twitter, video conferencing, among others relies on the internet (Bertho, Crawford & Fogarty, 2008). The high rate of globalization in the world is as a result of the rise of internet usage. This is because the internet breaks the limit made on human interactions since there are no political borders among the users. There are a number of websites that people different countries use to enhance communication among their citizens. For example, an individual with Chinese origin or descent can visit China.com and communicate with other citizens who share the same characteristics (Bertho, Crawford & Fogarty, 2008). Citizens from Filipino can communicate with other Filipino citizens across the world by visiting Tinig.com and share issues concerning their country. Tsinoy.com connects Filipinos who hav e a Chinese accent, while Scottish accent people meet at ElectricScotland.com. These among other sites make people share various issues affecting their communities as they contribute to their development. Yahoo has a large number of sites that bring together different cultures. Participants in these sites engage in chats with each other, which provide a medium for discussions and organization of events geared towards community development (Bertho, Crawford & Fogarty, 2008). Through these sites people too can access newspapers and also listen to their local radio stations daily, and this maintains ties between people in the diaspora with their families and homeland. However, the ability of the internet to impact on people depends on the ‘end-to-end design (Bertho, Crawford & Fogarty, 2008). It is designed in a way that its impact relies on the end users. The web effectively utilizes this design in that every user participates in providing the content of the web even with little knowledge or capital equipment (Bertho, Crawford & Fogarty, 2008). This enables the users not only to use a website, but also have the ability to create it, giving it a democratic feature. The internet creates a wide accessibility of information on a website as opposed to a newspaper or magazine, and this gives those who lack enough access on resources to communicate with other people in a different community. Through the potential the

Thursday, July 25, 2019

Coca cola Essay Example | Topics and Well Written Essays - 1500 words

Coca cola - Essay Example alone recorded more than US$15 billion in 2006 (Kent, para 2-3). In the same year, market consumption volumes for the same product were more than thirty billion liters. This is usually not the same story with many multinationals. Company Overview Coca-Cola Company headquartered in Atlanta Georgia and specializes in soft beverage drinks. The company has operations in more than 200 countries. The plant in Atlanta produces the concentrate and sells it to certified Coca-Cola bottlers worldwide. Bottlers hold agreements with the Coca Cola Corporation, which permit them to produce the finished products. After which bottlers distribute and sell Coca-Cola products to retail stores and vending machines, who in turn sell the products to consumers. Advantages of Coca Cola Differentiated marketing method The most noticeable positional strategy of the Coca Cola Company is differentiated marketing method. This method has enabled the organization to satisfy the needs of a wide range of markets. For instance, it has bottled water products for any of its target segments. It also has Diet Coke which is specifically targeted for the aged or elderly people and those people who are drifting towards a healthier feeding lifestyle. Product levels One of the main advantages of Coca Cola Company over its rivals is that it offers products on three distinctive levels: the core product, the actual product, and the augmented product. In general, features and even materials used make the actual products which in the end avails the core product (Petretti 2-17). Consumers are attracted by Coca Cola products because of their high quality coupled with unsurpassed company standards. As consumers take the products they also end up getting the augmented product which is the extra or additional benefits the consumer derive from the product or the company. However, given that soft beverages are consumables, there is a tendency to pose limits on the augmented level. To counter this, Coca Cola Company not only provides its products in various quantities, it also provides its products in different tastes and coloration to enable the consumer to switch products without crossing over to competitor products. A good example is Diet Coke which is offered in various quantities like the Lagasse Diet Coke, Caffeine-Free Diet Coke, and Chaser Diet Coke basing on the consumer preferences. Global brand Unlike many of its competitors, Coca Cola Company is the leading manufacturer, marketer and even distributor of nonalcoholic drinks worldwide. Presently, the organization has operations in more than 200 countries. The company is a marketplace innovation driver and a solidified investor in local economies. At present, Coca Cola Company commands the beverage industry globally with over 500 beverage brands including about four brands out of the top-five sparkling brands on the planet (Kent, para. 4-6). Coca-Cola Company market share versus other soft drink companies worldwide in 2011, based on sa les value Source: Globalization and Health, Statistica. Disadvantages of Coca Cola Positioned as a monopoly The company has established itself as a monopoly in many countries. As a monopoly, there are many things that are attributed to the company are not encouraging. For instance, the company is likely to produce products that are substance. A case in point, in 2006, in Canada and India, the company was accused on producing

Wednesday, July 24, 2019

Credit control and charity research Essay Example | Topics and Well Written Essays - 1750 words

Credit control and charity research - Essay Example The supplier`s background is unknown to RTE and so there is huge risk involved in making the payment early. What if payment is not done, supplier waives off from his liability, the goods promised are not provided? The above questions are examples of financial risk that the company features. To reduce financial risk RTE can do a credit check on the customer’s financial history. To verify credit worthiness these are checks on the customers financial position (Gruening, 2000). To see whether a party is capable enough of making the loan payments, these checks are carried prior to accepting loan requests. Credit Bureaus run these credit checks and to verify financial data, various financial institutions are contacted. The company`s credit score is then a measure of the company’s credit worthiness – and therefore a low credit score means high financial risk. To reduce their financial risk RTE can make use of references that are provided to them by customers. The mechanism is simple. A list of references is exchanged at or before the contract .Reference is one who confirms that the details provided by a particular person are legal or not. Verifying the details by all references prior to making the payment can actually minimize Regeneration Through Charity Limited`s exposure to financial risk. By this they will not expose themselves by paying anything that should not be paid. A true picture of the supplier can be obtained as the references are often people and companies with good reputation (Weiss, 2000). Other option on hand to the company to reduce financial risk is negotiating. In the current case the supplier asks for fifty percent initial payment. New terms can be set between RTE and supplier which are beneficial to RTE. There is an option that the supplier might agree to lower the initial amount of payment to be made if the overall contract price is increased by a little margin.

Tuesday, July 23, 2019

Governance Research and Analysis Paper Example | Topics and Well Written Essays - 5000 words

Governance and Analysis - Research Paper Example The Nova University was established in 1964 in Fort Lauderdale, Florida. It started as a small college with a small number of students. Initially, it offered graduate programs in physical sciences and social sciences. Gradually, the University also started offering programs in â€Å"law, business, education, computer science, psychology and oceanography†. In 1971, the Nova University was first recognized by the Southern Association of Colleges and Schools (SACS). In 1972, the institution started its first distance-learning program. Gradually, the Nova University grew into a reputed educational centre. Meanwhile, the Southeastern college of Osteopathic Medicine was founded in 1981 in the southeastern part of USA. During the period 1987-1991, this institution began offering courses on â€Å"pharmacy, allied heath, optometry, dental sciences and medical sciences† (Nova Southeastern University 2011). The College continued to expand and came to be known as the Southeastern U niversity of the Health Sciences. In 1994, the Southeastern University of Health Sciences joined with the Nova University and the Nova Southeastern University was born. (Nova Southeastern University 2011) Mission Though the NSU is a private organization, it is not guided by profit making motives. It offers its students a diverse range of academic programs both on its campuses as well as through the distance learning mode. The University encourages its students to pursue academic excellence, research opportunities and engage in intellectual enquiries by way of fruitful interactions with the faculty members. The institution is devoted to serving the society by shaping its students to be future leaders of the community who are capable of shouldering diverse responsibilities. (Nova Southeastern University 2011) Vision The NSU is not under the regulation of the State University System, but has its own identity as an independent University. The Board of Trustees of the NSU has been very c lear and categorical about maintaining the independent status of NSU. The administration, faculty and staff of the NSU provide its students with an independent opportunity to pursue academics of their choice. The educational courses offered by the University have been modified to meet student requirements. (Nova Southeastern University 2011) Values In its continuous pursuit of excellence, the NSU embodies the values of fostering collaboration, engaging in community service and engagement, encouraging diversity, providing educational access, promoting efficiency, encouraging entrepreneurship and innovation, maintaining its commitment towards integrity, ensuring the development of quality academic programs and encouraging active student engagement in scholarship and research. (Nova Southeastern University 2011) Other Relevant Information The NSU offers attractive facilities to its students which contribute significantly in making the University environment stimulating and conducive fo r the purpose of education. (Nova Southeastern University 2011) II. Institutional Leadership The NSU is headed by the President and Chief Executive Officer (CEO) Mr. George L. Hanbury II. NSU also has a Board of Trustees which has established the mission of the University. The Board consists of three types of members. The Board Members include eminent personalities who occupy important positions in the society. Ronald G. Assaf is the present Chairman of the Board Members. The

Monday, July 22, 2019

Track Software Inc. Essay Example for Free

Track Software Inc. Essay 1.) Stanley’s financial goal he seems to be focusing on is maximizing profits. This is the correct goal because the goal of any firm and therefore its financial manager, should be to maximize its value and by extension the wealth of the shareholders. 2.) There is potential for an agency problem if Stanley decides to go ahead and invest in the software developer. This investment will cause a temporary decrease in the earnings per share of the firm which will mean fewer earnings at the present time for the stakeholders. This may be a problem if the goal of the shareholders is to gain money sooner than later. Since, the goal of the shareholders is simply to maximize wealth, there may not be an agency problem since the goal of the financial manager, Stanley, is the same as the shareholders. B. Since there is no preferred stock; Earnings available for common stockholders ≠¡ Net profit after taxes. No of shares of common stock outstanding = 50,000 Earnings per share = ______Net profit after taxes____________ No. of shares of common stock outstanding EPS show a steady increase over the past five years indicating that Stanley is achieving his goal of maximizing profits. C. Operating Cash Flow (OCF) for 2012 OCF = {Earnings before Interest and Taxes Ãâ€" (1 – Tax rate)} + Depreciation OCF = {EBIT Ãâ€" (1 – T)} + Depreciation = {$89 000 Ãâ€" (1 – 0.20)} + $11 000 = $82 200 Free Cash Flow (FCF) for 2012 FCF = OCF1 – Net Fixed Assets Investments – Net Current Assets Investment FCF = OCF – NFAI – NCAI NFAI = Change in net fixed assets + Depreciation = ($132 000 – $128 000) + $11 000 = $15 000 NCAI = Chance in current assets – Change in (Accounts Payable + Accruals) = ($421 000 – $62 000) – {($136 000 + $27 000) – ($126 000 + $25 000)} =$47 000 FCF = $82 200 – $15 000 – $47 000 = $20 200 Both the operating cash flow and the free cash flow are positive indicating that Stanley was able to generate adequate cash flow to cover both operating expenses and investments in assets. There was also $20 200 left over to pay to investors. 1.) Liquidity Although the liquidity of the firm has improved slightly (current ratio) or remained steady (quick ratio), the firm’s performance is considerably below average. 2.) Activity The total asset turnover of the firm has improved but the inventory turnover and average collection period has deteriorated. The activity of the firm is also considerably below the industry average. 3.) Debt The debt ratio decreased in the times interest earned ratio improved. This indicates that the firm used more of its own money to generate profit in 2012 (rather than that of its creditors) and its ability to make contractual interest payments has improved. However, the firm fails to measure up to the industrial average yet again. 4.) Probability The gross, operating and net profit margin and the return on total assets (ROA) have improved slightly showing that the profitability of the firm is fairly stable, demonstrating little improvement. Even so, these ratios are all still subpar. The return of common equity (ROE) has deteriorated, falling to below the industrial average. 5.) Market The firm’s P/E ratio improved but remained bellowed the industry average, showing that the investors are gaining confidence in the firm’s future performance. The M/B ratio fell below, from above the industrial average in 2011 to below in 2012 but still remains fair. E. Stanley should try to find the money to hire the software developer since the ratios show that the firm should be performing better for a firm in this particular industry. In addition, the â€Å"blockbuster† sales potential implies a potential for increased profitability which falls in line with Stanley’s focus. F. The present value of a perpetuity creating a cash flow of $5 000 per year with a 10% interest rate =_____Cash Flow____ Interest Rate  = $5,000 = $50 000  .10 The investor would be willing to pay $50 000 for the firm. G. The present value of a firm generating a perpetual stream of free cash flow of $20 200 per year with an interest rate of 10 % = ___Cash Flow___ Interest Rate  =__$20,200__ =$202,000  .10  I would be willing to pay $202 000 for the firm.

Buddhist schools Essay Example for Free

Buddhist schools Essay The earliest and the most basic form of schools were Theravada and Mahayana which have been derived from the basic teachings of Buddha. These are actually same teachings but with different interpretations. Both of them have Dharma which is the basic teaching of Buddha. Both of these schools have some animosity between them. All the southern Asian countries and Vietnam have accepted the principles of Theravada. Any differences between the schools are minor matters are do not hinder in one basic belief of Buddha’s teachings. It is one of the earliest forms of teaching found in the history of Buddhism and is one of the most orthodox also . Theravada school emphasizes on meditation and helps in understanding the psychological nature of a human being. According to Mahayana school of teachings, salvation can only be achieved if we trust Amitabha. Such person longs to be born in the paradise, because he has done good deeds and followed the teachings of Buddha. The philosophy of this school is very unique. According to them in order to gain enlightenment a person should inward and not outward. Intuition is one thing this school emphasizes upon, as intuition is purely inward. Mahayana was previously known as Mahasanghikas and after a few decades of its formation it became so popular that it revolutionized the Buddhist teachings. Sutra and Vinaya were translated according to them, and in the due process they also had to reject some texts. The Mahayana philosophy grew more with the concept that Buddhas are lokottara. This means that they are connected to the world only by some external force and it has no impact internally . Why did Mahayana become more accepted? It is because the Mahayana ritual and imagery attracted the Vietnamese. Its ceremonies were in conformity with original Vietnamese beliefs and rituals. This school of Buddhism also combined folklore with Taoist teachings. The enlightened ones in Buddhism were respected as animist spirits. In 7th century C. E, Mahayana school became a little more developed. It was then called Vajrayana. This had an influence of Hinduism also but had similar teachings as of Mahayana. The aim of Vajrayana is the same as that in Mahayana, that is to attain Buddhahood, but the tantric practices showed a quick way to achieve this end . CONCLUSION From very early period Buddhists are concerned about education. In third century almost 9 Dhamma missionaries were sent to different areas of south East Asia in order to teach people about Buddhism . This is the oldest example telling Buddhists concern about Buddhist studies. These 9 Dhamma missionaries started a wave of missionaries. These were sent to Sri Lanka, Thailand and china etc. Today, due to these missionaries and Buddhist schools, Buddhists are present in very corner of the world. Vietnamese Buddhist education leaders are very much concerned about the global demands and needs of Buddhist education. In 1975, when the country got united, there already was a higher education institution in South; it was named Van Hanh University. This university was popular internationally and had close interaction with many other universities of the world. After 1980s two advanced schools were established in Ha Noi and Ho Chi Minh City. These schools trained monks and nuns at B. A level. Due to growing demand these two higher education schools were later turned in to universities. These now trained monks and nuns at not only undergraduate level but also postgraduate level. In 1997, one more Buddhist university was formed, this time in Hue city. Today, there are almost 40, 000 monks and nuns. There are almost six colleges and 31 high schools teaching Buddhism . Buddhism has made great progress in Vietnam. A national calligraphic system which replaced Chinese was also introduced. This helped everybody get on the same platform and understand each other well. Before that it was difficult to have the entire nation on the same page, as the Vietnamese language lacked its own script. People, who did not understand Chinese, could not read books, as all the books were in Chinese. In Vietnam, the Buddhist studies do not influence just art, philosophy or painting. Theatre also serves as a conveyer of the legends, stories and facts about Buddhism. Buddhism is not only a source which quenches the thirst of the intellectuals. It quenches the thirst of the spirit also. Buddhist studies have changed the past and present of Vietnam. The Vietnamese Buddhists go far and wide in order to give a vent to the knowledge and impart it to the others. Buddhism has prospered leaps and bounds in the country. Though there are many rival religions in the country, Buddhism is by far the most popular one. As mentioned earlier, almost two thirds of the population practices Buddhism. During 968 it was made the state religion. Buddhism in Vietnam is no wonder superior than any other religion there, as it is not only accepted publicly but also helped in the moral and spiritual training of the general public. People believe it and accept it by heart. They call it the religion of compassion. The imprint of Buddhism can be seen in art and literature as well. Music has also been inspired from it. Today there are almost 15,000 worship places in Vietnam as compared to none in the beginning. There are almost ten million Buddhists all over the world. Vietnam alone has some 40,000 nuns. It was only 20,000 twenty years back. The development Buddhist studies have done can be clearly understood from the fact that today there are almost four Buddhist universities as compared to only one in 1981. Van Hanh was the first Buddhist school. Today there are schools all over Hanoi, Hue, Ho Chi Minh City and Can Tho. There are almost six colleges and 31 high schools for Buddhists. There are uncountable numbers of grassroots schools in many other provinces. This clearly shows that Buddhism has made a lot of progress since Buddhism first entered Vietnam . Buddhist monks are now not only studyin Buddhism in monasteries and colleges but are getting higher education all over the world. They are studying various subjects and religion in order to increase their knowledge. Not only have they had attained worldly knowledge, but spiritual knowledge which will lead them to enlightenment. References Anson, Binh. (n. d). Theravada Buddhism in Vietnam. Retrieved January 31, 2008 from: http://www. budsas. org/ebud/vn_thera. htm Brough, John. (n. d). Gandhari Dharmapada. India (n. p). Clark, Laura and Brown, Suzanne. (n. d). Buddhism in Vietnam. Retrieved January 31, 2008 from: http://journals. iranscience. net:800/mcel. pacificu. edu/mcel. pacificu. edu/as/students/vb/INDEX. HTM.

Sunday, July 21, 2019

Ryanair Business Strategy: Internal and External Analysis

Ryanair Business Strategy: Internal and External Analysis Ryanair:  Case Analysis Report Introduction Ryanair, established in 1985, is considered the main instigators of the â€Å"low cost â€Å" airline carriers, creating a new niche in a market previously dominated by former national airlines such as BA. The company has grown to a position where in 2005 it has 15 bases and 150 aircraft operating throughout Europe, carrying thirty million passengers (see figure 1), with a five year target to increase this to seventy million (Ryanair 2007). This position has been achieved by creating a â€Å"no-frills† approach on price (Pettigrew et al 2002), which gave it a competitive advantage over the established airlines (Porter 2004, p.207 and Kotler et al 2004, p.407), although attempts to extend this to include charging for ice used in in-flight drinks (Creaton 2004, p.169) was rescinded after customer complaints. The objective of the business is to become Europe’s leading â€Å"low-cost† airline and first for customer service, the latter position which was first reached in 2002 according to independent sources (see appendix A, figure 3). Similarly, the company also seeks to maintain value growth for shareholders. External Analysis Liberalisation of the airline industry in the 1970’s opened up the industry to new entrants and a new business model. Being one of the â€Å"first movers† in this new sector (Faulkner and Campbell 2006) Ryanair has taken advantage of the growth opportunities offered by creating a â€Å"low Cost† model based on the successful Southwest Airline (2007) strategy. This move has been partially responsible for increase in passenger numbers using UK airports in the last three decades (see table 1), with expectations of a threefold increase by 2030. Table 1 Airline passengers Year Passengers (m) 1980 50 1990 90 2000 180 With former eastern bloc countries converting from communistic to democratic political structures this growth is set to continue, providing the business with further opportunities (see appendix A, figure 4). Many of these former Baltic States have now joined the EU, which also provides Ryanair with the opportunity of expanding its destination network. However, the industry growth has also seen new competitors enter this niche market, including EasyJet, BMI, Virgin express and Aer Lingus. To maintain its competitive advantage the two major players have sought to consolidate their position by strategic acquisitions. In this area Ryanair, with its successful acquisition and integration of the â€Å"Buzz† lo-cost carrier, has been more successful that EasyJet’s experience when acquiring â€Å"Go.† Although the major airlines such as BA have responded to threats from Ryanair, to date these have not proved successful. The creation of this niche industry sector has also led to significant changes in the consumer’s perception (OConnell, J., and G. Williams 2005). Demands for cheaper fares has increased as prices have fallen, and the consumer perception and lifestyle has changed with regard to types of holidays has expanded rapidly, with weekend breaks and formerly unknown destinations increasing in popularity. Ryanair has also made full use of the advances in technology and digital processes within its â€Å"low-cost† business model. It was one of the first â€Å"low-cost† airlines to recognise the changes in the consumer buying habits resulting from these technological advances, using this diffusion to improve its services, encourage further consumer change and continue cost reduction advantages (Johnson et al 2007, p.481). Evidence of this can be found in the business move to paperless tickets, with more bookings being made through the Internet and, more recently, a move towards automated booking–in procedures at the airport, reducing the need for expansion of human resources to meet demand increase. At the same time, this technology use also helps Ryanair to maintain one of its key corporate objectives, which is to return success and value to the shareholders. There are two other external factors that impact upon the business and affect the determination of strategy. The first is environmental issues., which includes the concerns expressed by consumers and governments relating to the impact that air travel growth has upon the local communities and infrastructure and the second is the natural environment, where businesses are now required to consider the impact that their operations have upon issues such as climate change. The second issue is in the increase of legislation, particularly from the EU. In this respect Ryanair operations have to comply with regulations in terms of fair competition, which affects mergers and acquisitions and unfair practices, and targets set by the EU in relation to emission reductions required to address climate change.[PL1] Internal Analysis As Lynch (2006) and Faulkner and Campbell (2005) stated within their respective researches, for organisation’s such as Ryanair, who have targeted their strategy at a â€Å"low-price† product, it is imperative that, to maintain competitive advantage, who submitted that to achieve and maintain low price in the market place, the business itself had to be structured in a way that provided a limited cost base throughout all aspects of the business, in order to retain a profitable result. Porter (2004) suggests that this cost reduction process has to be communicated throughout the value chain (see appendix B, figure 6). Michael O’Leary, and the Ryanair management team have strived to achieve this position through a number of measures. Use of resources Ryanair makes good use of its resources. For example, all of the aircraft are of one design, the Boeing 737-800 series. This has several positives. Firstly, the company receives a discount from Boeing. Secondly, It reduces costs in terms of maintenance and training. In the latter case, unlike EasyJet, which has to train pilot and cabin crew to operate on a number of different aircraft designs, Ryanair’s staff only have to familiarise themselves with the one. Similarly, the turnaround of aircraft at destinations is quick and efficient, thus reducing unit cost. Human resources Despite the number of routes operated and the logistical problems of running a business of the magnitude of Ryanair, the company operates with a minimalist attitude towards head office, admin, aircraft and maintenance crews and administration staff. At the end of the 2005 financial year the business employed around 2,800 personnel, a figure which has changed very little over a five-year period. All of the Ryanair employees are expected to multitask. For example, cabin crew are required to clean cabins and remove rubbish between flights. Technology As mentioned earlier, Ryanair computerises as many services as possible. With Internet booking, paperless tickets, automated booking-in processes and many other parts of the operations being streamlined in this manner, this ensures that production and other costs remain low. Destinations Another imp0ortant aspect of the Ryanair cost reduction strategy is the concentration of its destinations into secondary rather than primary airports. Landing fees and other charges at these airports is substantially lower than the main airports and, even with the â€Å"sweetners† paid by Ryanair, the unit costs per passenger of flight into these destinations remains cheaper. Travel format Finally, the product itself has been simplified. There is only one class on a Ryanair flight and no pre-booking of seats. Furthermore, virtually everything but the seat costs. This includes drinks, meals and the other retail products available on board, with even free levels of baggage is limited. The success of this strategy can be evidenced when comparing the met profit margin of Ryanair with other carriers. The following data, taken from the various organisation’s websites and financial statements show the differnce (see table 2 below): Table 2 Net profit percentages Company Percentage Ryanair 17.81% EasyJet 7.98% British Airways 7.28% Diagnosis of current challenges However, like all businesses, Ryanair is not immune from challenges as it moves into the future. From the analysis of the business operations it is apparent that these challenges and threats will come from five main areas (appendix A, figure 4). Competition As mentioned earlier, with the emerging democracies within Europe, together with the regional and global harmonisation of competition rules, Ryanair is likely to find increased competition developing from these areas within the next few years to a decade. With the increased market place and, as can be seen from the share of the market that low cost airlines have (see figure 2), there is ample scope for new competition. The discussions about the â€Å"open skies† agreement between the EU and US (Milmo and Gow 2007), if these come to fruition, will also pose a threat as it creates a potential for US airlines to enter the industry sector. These actions could adversely affect the business continued financial success. Consolidation and growth There has already been some consolidation within the sector. It is likely that this will continue for the foreseeable future, and this could pose a threat to Ryanair’s dominant position. Furthermore, the corporations own growth pattern could impact negatively upon profitability. Despite growth attracting economies of scale, it can involve additional costs that threaten efficiency (Creaton 2004, p.250). Political intervention There are three main aspects of political intervention that are like to affect Ryanair in respect of its future development within Europe. The first of these relates to the EU’s competition laws, which is an area where Ryanair has come into conflict with the commissioners in terms of payments being made to secondary airports and other similar issues (BBC News 2004). The second is the threat by the EU to reduce or eliminate the subsidies given to the sector, worth an estimated  £6 billion annually (Bized 2004). This includes report, this VAT, Landing and Fuel tax benefits. The removal of these benefits will have a significant impact upon profitability. The third issue is the EU intention to force budget airlines to pay compensation for cancellations, which is not done at present. Environmental issues One of the major issues is the environment. Following the EU adoption of the IPCC[1] report recommendations, focus has been concentrated upon setting emissions targets for airline industry player, with stringent targets being set (see table 3). Future strategic options All researches promote the need for corporations to ensure corporate strategy addresses future challenges (Lynch (2006) and Faulkner and Campbell (2006)). In Ryanair’s case, it is suggested there are three strategic options that could be adopted (see appendix C, figure 7). Low price – low added value The aim of this strategy is to achieve the lowest price by a process of continually reducing the additional elements that attach to the service. For example, in terms of the budget airlines, from the consumers’ viewpoint this has meant reducing the facilities offered in-flight, such as changes to the quality of seating, increasing the seating capacity on the aircraft and reducing choice of services that involve human resources, such as hot meals, snacks and drinks. For the business is requires a continual drive to continue cost reduction throughout the value chain. Low price The intention of the low price strategy per se it to achieve reduction in the cost of fares, whilst retaining the consumers’ perception of the value of the product. To implement this strategy means that the business will need to seek cost reductions in areas other than those that directly impact upon the quality of the in-=flight service provided. This could be achieved by the further use of technology to automate in additional areas of the operational processes. Focused differentiation A strategy if focused differentiation is intended to set the business product apart from that of its competitors. Price can be used in the differentiation process, but in this case it needs to be inclusive with other elements that make the product unique. Evaluation of strategic options Following an evaluation of these strategic options, using the criteria recommended by Rumselt (see appendix D, figure 8), the following is an outline of the results that this produced. Option 1 – Low price – love value added This strategic option is consistence with the policy that Ryanair has followed in the past and is in accord with the previous intentions of the business strategy, which has been to reduce price at the cost of services, in other words achieving a â€Å"no frills† situation. However, it would seem that Ryanair would find it difficult to further reduce the level of service provided to its customers and it is unlikely that this approach would secure its market position. Option 2 – Low price Low price, as with option one, is in line with the business existing strategy. However, from the analysis of the internal situation at Ryanair, it would seem that there are limited options in terms of reducing existing resources, particularly if the business wishes to maintained a sustained growth programme and market share. Furthermore, it is not in accord with external trends, which indicates that consumers are becoming more discerning and the political arena more concerned with the consumers’ rights and environmental costs. Option 3 – Focused differentiation Focused differential, which could still include low price, would also be consistent with the Ryanair strategy. The differential of â€Å"low price, no frills† has been the core differential upon which the business has promoted itself previously. However, with other competitors entering the market place, that differential needs to be extended to other areas. In summary therefore, it is felt that the focused differentiation option would be most appropriate for the business future and will assist it to retain and improve its competitive advantage. Overview of selected strategy The core elements of the proposed â€Å"focused differentiation† strategy being proposed will be threefold. Free flights An aggressive strategy aimed at achieving free flights to be pursued. This can be achieved by seeking third party turnover to replace the ticket cost. For example, the business could introduce sponsoring, where travel and venue destinations, such as holiday locations, theme parks and local tourist boards pay for flights. Similarly, in-flight facilities could be introduced, such as Internet shopping, gambling and pay to view telephone. Furthermore, other services such as car rental and insurances could be used to cover the lost ticket revenue. Consolidation The business should be looking to make acquisitions, particularly with organisations within the Eastern European countries that have recently joined the EU. This enables the business to achieve market growth and maintain its dominant position. It also reduces the future competition. Aircraft fleet Fleet replacement is an area that Ryanair has concentrated upon in the past. In the future, in addition to discounts, this should be linked to conditions that ensure the fleet includes the latest environmentally friendly specifications, with aircraft being regularly upgraded as part of the purchase options. Implementation plan To enable the selected strategy to be implemented, several courses of action need to be undertaken. Short term Moves towards a â€Å"free-flight† position can be commenced within the immediate future, with the management and marketing departments of Ryanair discussing this concept with potential sponsor from the commercial leisure world, as well as tourism boards within the region and in specific destinations. Medium Term In the medium term two actions required for the strategy can be undertaken. The first of these is the gradual refits that will be required to aircraft to include the various new technological facilities that have been recommended. The second action would be to assess the potential market players to ascertain which, if any, would provide the business with a strategic fit for expansion of its market reach within the region. Long term Contracts with Boeing need to be re-negotiated to ensure that environment related conditions are included as an inherent part of the purchase process for replacement aircraft. Conclusion There is no doubt that Ryanair faces a number of key challenges in the future. To ensure that the business can successfully deal with the changes these challenges present, it is important that the future strategy is sufficiently robust to be able ensure that the business retains its competitive advantage and profitability levels. The aggressive strategies recommended within this analysis study are designed to achieve this objective. The â€Å"Free-flight† with added services, albeit being paid for, will maintain the unique and differentiated service that the Ryanair brand has become known for. Bibliography BBC News (2004). Ryanair faces new payment probe. Retrieved 17 May 2007 from http://news.bbc.co.uk/1/hi/business/3458423.stm Bized (2004). Low Flying Fares: An End to Cheap, No Frills? Retrieved 27 July 2007 from http://www.bized.co.uk/current/leisure/2003_4/010304.htm Brassington Frances and Pettitt, Stephen (2006). Principles of Marketing, 4th edition, Pearson Education Ltd. London, UK Channel 4 News (2007). If you care about the environment, you should fly Easyjet. Really? Retrieved 16 May 2007 from http://www.channel4.com/news/articles/society/environment/factcheck+how+green+is+easyjet/509642 Creaton, Siobhan (2004). Ryanair: How a Small Irish Airline Conquered Europe. Aurum Press Ltd. London, UK. De Groote, P.D (2005). The Success Story of European Low-Cost Carriers in a Changing Airworld. GaWC Research Bulletin 174. Retrieved 27 July 2007 from http://www.lboro.ac.uk/gawc/rb/rb174.html Doganis, Rigas (2000). The Airline Business in the 21st Century. Routledge. London, UK. Faulkner, David and Campbell, Andrew (2006). The Oxford Book of Strategy: A Strategy Overview and Competitive Strategy. New ed. Oxford University Press. Oxford, UK. Haslam, Chris and Ungoed-Thomas, Jon (2007). Ryanair denies baggage ‘scam’. The Times. London, UK. Johnson, Gerry., Scholes, Kevan and Whittington, Richard (2007). Exploring Corporate Strategy. FT Prentice Hall, Harlow, UK. Kotler, Philip. Wong, Veronica., Saunders John A and Armstrong, Gary (2004). Principles of Marketing, 4th European edition, Pearson Education Ltd. London, UK. OConnell, J., and G. Williams (2005). Passengers Perceptions of Low Cost Airlines and Full Service Carriers. Journal of Air Transport Management, 11: 259-272. Porter, Michael E (2004). Competitive Strategy: Techniques for Analysing Industries and Competitors. The Free Press. New ed. The Free Press. New York, US. Press association (2007). Budget airline offers low cost New York flights. Retrieved 17 May 2007 from http://www.which.co.uk/reports_and_campaigns/travel_and_leisure/reports/holiday_advice/Flights/zoom_flights_news_article_557_112479.jsp Report (2007). The Environmental Effects of Civil Aircraft in Flight. Royal Commission of Environmental Pollution. Retrieved 29 July 2007 from http://www.rcep.org.uk/avreport.htm Ryanair (2007). About us. Retrieved 14 May 2007 from http://www.ryanair.com Southwest Airlines (2007). About SWA. Retrieved 28 July 2007 from http://www.southwest.com/about_swa/airborne.html Stragler, Joos (1999). Current issues arising with airline alliances. Retrieved 17 May 2007 from http://ec.europa.eu/comm/competition/speeches/text/sp1999678_en.html Appendix A – external environment Figure 4 Pestel analysis Political Airline liberalisation Extension of democracy in EU Open skies policy Economic Internal financial performance Disposable income Abolishing of international tariffs Competition Acquisition Social Consumer attitudes Brand image Lifestyle and travel changes Technological Automatic booking in systems Online activity Change in consumer buying habits Environment Investor added value EU and international environment concerns Legal issues European legislation Environment regulations Competition rules Figure 5 Opportunities and Threats Opportunities Threats Growth of network Increased competition Growth of passenger numbers Industry consolidation Maintenance of cost reductions Political intervention Continuing price reductions (free?) Environmental issues Expand cooperation between â€Å"Low cost† carriers Further acquisitions Appendix B – Internal environment Figure 6 Value Chain Source: Porter (2004) Appendix C – strategic options Figure 7 The strategy clock Source: www.marketing teacher.com Appendix D – evaluation criteria Figure 8 Rumelts evaluation criteria Consistency Are the external strategies consistent with (supported by) the various internal aspects of the organization? You must examine all the various functional and internal management strategies employed by the organization and compare them with the external business strategy. Consonance Are the strategies in agreement with the various external trends (and sets of trends) in the environment? To answer this questions, you need to look at all the major trends that impact the selected strategy both positively and negatively. Feasibility Is the strategy reasonable in terms of the organizations resources? Money and capital Management, professional, and technical resources Time span Advantage Does the strategy create and/or maintain a competitive advantage? Resources Skills Position Source: Johnson et al (2007, p.593) 1 Footnotes [1] Intergovernmental Panel on Climate Change [PL1]1

Saturday, July 20, 2019

Biogram Of Nathaniel Hawthorn, How His Life Relates To Scarlet Letter :: essays research papers

BIOGRAM   Ã‚  Ã‚  Ã‚  Ã‚  The man Nathaniel Hawthorne, an author of the nineteenth century, was born in 1804, in Salem, Massachusetts. It was there that he lived a poverty-stricken childhood without the financial support of a father, because he had passed away in 1808. Hawthorne was raised strictly Puritan, his great-grandfather had even been one of the judges in the Puritan witchcraft trials during the 1600s. This and Hawthorne’s destitute upbringing advanced his understanding of human nature and distress felt by social, religious, and economic inequities. Hawthorne was a private individual who fancied solitude with family friends. He was also very devoted to his craft of writing. Hawthorne observed the decay of Puritanism with opposition; believing that is was a man’s responsibility to pursue the highest truth and possessed a strong moral sense. These aspects of Hawthorne’s philosophy are what drove him to write about and even become a part of an experiment in social reform, in a utopian colony at Brook Farm. He believed that the Puritans’ obsession with original sin and their ironhandedness undermined instead of reinforced virtue. As a technician, Hawthorne’s style in literature was abundantly allegorical, using the characters and plot to acquire a connection and to show a moral lesson. His definition of romanticism was writing to show truths, which need not relate to history or reality. Human frailty and sorrow were the romantic topics, which Hawthorne focused on most, using them to finesse his characters and setting to exalt good and illustrate the horrors of immorality. Nathaniel Hawthorne’s experiences as a man, incite as a philosopher and skill as a technician can be seen when reading The Scarlet Letter.   Ã‚  Ã‚  Ã‚  Ã‚  The man, Nathaniel Hawthorne’s religious background, seclusion from society, and devotion to his craft can be related to his novel The Scarlet Letter. His religious upbringing as a Puritan is what gave him the knowledge to write about Boston’s Puritan society in his novel. Hawthorne’s great-grandfather, who one of the judges at the Puritan witchcraft trials, was like the magistrates of The Scarlet Letter that attempted to make a society that would be a â€Å"Utopia of human virtue and happiness†. A further parallel found between Hawthorne’s life and the novel is the element of seclusion found in each. Hawthorne secluded himself from society with his few family members and close friends. In the same way Hester Prynne was secluded from society in her â€Å"little, lonesome dwelling† that â€Å"stood on the shore, looking across a basin of the sea at the forest-covered hills toward the west† out of the circle of the to wn.

Friday, July 19, 2019

Aspects of Love in William Shakespeares Romeo and Juliet :: Romeo and Juliet Essays

Aspects of Love in William Shakespeare's Romeo and Juliet 'Aspects of Love': Discuss the various forms of love that are present in Shakespeare's "Romeo and Juliet". It's a clichÃÆ'Â © to say that Romeo and Juliet is the greatest love story ever told. People say this because it is the most famous love story told and the play has various aspects of love and not only one. Even the phrase 'the greatest love story ever told' was used as a tagline for the recent Baz Luhrmann film. The prologue is full of violent and negative language e.g. ancient grudge, civil blood, fatal lions, death- marked, rage. But also has words to do with love e.g. star crossed lovers. You can already tell that this is going to be a love story with trouble, worry and violence in it. The first reference to an aspect of love in this so-called "greatest love story ever told" after the Prologue is to rape and therefore lust not love. The first two characters that the audience is introduced to are Sampson and Gregory. They are vulgar and crude, making many sexual references and innuendoes. They do not see love as involving emotions or desires, but as a purely physical thing, sexual not emotional. Sampson refers to women as "weaker vessels" and tells of how he will rape the maids of the Montague household; "Women being the weaker vessels are ever thrust to the wall", "I will push Montague's men from the wall, and thrust his maids to the wall". Both Sampson and Gregory have petty and narrow perceptions of 'love'. Neither of them appears to have ever experienced true love. They talk in a crude and coarse manner and see women as objects not people. Courtly love characterises Romeo's behaviour at the start as he mopes over the unattainable Rosaline. This is only upper class and is not necessarily about love. It is really a series of expectations, aristocratic societies expected their young men to idolise a woman 'out of their league. This happens to Romeo because he is self-pitying

Lasers in Surgery Essay -- Exploratory Essays Research Papers

Lasers in Surgery      Ã‚  Ã‚  Ã‚  Ã‚   Abstract: The laser is gaining increasing popularity in the medical field because of its broad application, efficiency, and improvement in overall ease of the procedures in which it is used.. The laser can treat an enormous range of ailments. The chronic nighttime snorer can give those around him relief by a simple procedure with the laser. In dermatology, the laser can be used for removing moles, tattoos, birthmarks, treating wrinkles, and possibly destroying skin cancer. The once dreaded trips to the dentist may become less painful since the laser is helping to replace the drill and Novocain. The laser also is becoming increasingly popular in orthopedics for treating shoulder, knee, and back ailments. For women many gynecological problems ranging from infertility to endometriosis can be treated with the laser. For small, precise work the laser is indispensable such as in the eye. Unfortunately, since laser medicine is still rapidly developing, it h as experienced its pitfalls in some areas like cardiology. Overall, the laser is an invaluable substitute for the scalpel of the past, and the laser's possibilities for the future are broad and promising.    Lasers in Surgery The laser is creating a bloodless revolution. A laser works by using heat to obliterate cells. As it cuts, blood vessels are sealed, and tissue is sterilized. The laser is particularly useful in regions of the body that are difficult to reach. Many types of lasers are used in surgery, and the kind (gas, liquid, solid, visible, or unseen) varies based on the procedure. Choosing the laser to fit the procedure is essential because otherwise damage such as fires, eye harm, a charred cheek, a chipped t... ...ion to use lasers at local hospitals are generally reputable.    Laser surgery is a pioneering field of medicine. The laser is used for some type of procedure in practically every specialty field. Doctors are researching the laser for even more increased use because it provides a noninvasive, quicker, and less painful approach to many procedures. In the future, the laser will become an increasingly common place medical tool.    Bibliography "Laser Surgery Can Stop the Noise." USA Today February 1995: 14-15. McCarthy, Laura Flynn. "Bright Lights of the Medical World." Cosmopolitan May 1995: 262-265. Pringle, Lidia Wasowicz. "Zapping Disease." Vibrant Life July-August 1994: 22-24. "A Ray of Hope for Snorers." Health January-February 1994: 16-17. Rosenbaum, Joshua. "Lasers- Hope or Hype?" American Health June 1994: 68-74.

Thursday, July 18, 2019

Creon Character Trait Essay

The Greek tragedy Antigone, by Sophocles, introduces characters that can be described as tragic heroes. This tragedy has the character face with a dramatic reconciliation. Creon, one of the main characters in the play, is a major tragic hero because of his personal characteristics and the actions he made. There were three specific characteristics that can be explained to describe Creon’s personality. He was ignorant, rude and insecure. Creon had a natural habit of being ignorant of others. He refuses to notice other people’s opinion, advice and point of view. Creon believes that since he was the king, he had the right to make decisions without bothering to discuss it with others. Creon refuses to listen to the wise words of Teiresas about letting Antigone bury Polynecies. He does not follow the advice soon enough and suffers with a catastrophe of the death of his beloved son and wife. This fully shows Creon being ignorant considering the fact that Teiresas’ guidance is always the finest and is taken by many other kings. Another example of Creon being ignorant in this tragedy is when Haemon gently persuades his father that arresting Antigone would not be the best decision, especially since he is engaged to her. But Creon refuses to listen and does not realize there is a significant relationship between his son and Antigone. He just follows through with what he thinks is right. He also does not take notice to the point of view of the citizens of Thebes and how they disagreed to that fact of Polynecies not being buried. Considering he is the king, everyone’s expectation is that he would listen to the citizens of the country, but Creon’s ignorant behaviour doesn’t let him do the right thing. The realization to overcome his ignorance does not come in soon enough to save his family. Another character trait the King of Thebes has is his show of rudeness. Creon had an egoistic way of seeing things. One example of him being rude was when he accused Teiresas of accepting bribery because Creon just can’t accept it when Teiresas tells him that nature itself is rebelling against Creon’s double sacrilege. Accusing the seer of bribery is disrespectful because, he only said that for his own benefit of believing he was right and Teiresas was wrong. Teiresas was a seer and therefore deserved more respect than what he was given. Creon was being self-absorbed and not seeing that Teiresas was trying to help him. Creon’s verbal language likewise is very hurtful to others. When Haemon talks to Creon about Antigone, Creon says â€Å"If she’s a bitch, you’ll feel a coldness as she lies beside you. Can there be anything worse than giving your love to a bitch that doesn’t deserve it?† (pg17). Considering the fact that Haemon was engaged to Antigone, and Antigone is Creon’s niece, this was a rude remark for Creon to make. He had no respect for the relationship between them. While speaking with Antigone, Creon also added, â€Å"Oh, go to hell, -you and your marriage with you†. Many of the times, Creon would make rude remarks about others without realizing the affect of his words. One of the main reasons Creon had so much arrogance was because of the insecurity hiding underneath his personality. Even though he seemed powerful on the outside with all his fame as being a king, he was in reality, insecure. This tragic flaw leads to the death of many people and also to his own downfall. Creon feels everyone is not in favour of him and therefore takes actions so people can take him more seriously. He takes actions so people would get the point that he is not somebody to be taken advantage of. An example in the play can be seen when Creon disregards other’s advice. When he refuses to listen to Teiresas’ advice, he is too insecure to even realize that the guidance given was principled. When Creon finally came to the realization of what he had done, it was too late; his insecurity had already destroyed him. All of these characteristics of Creon had a massive impact on the outcome of the plot of the play. Creon’s ignorance, his rudeness and insecurity led him to take actions that were not always right. It leads to his own suffering and the suffering of others. When realization finally hits him, it is too late to save his family members from losing their lives. In the final scene he blames himself for all the tragedies.

Wednesday, July 17, 2019

My Favourite Band Essay

I have everlastingly loved harmony since I was materialization . My favorite heap is single instruction . I love One teaching because they are the most amazing band in the world . When I number one heard their music, I knew that they were always dismission to be one of my favorites band. They breed do me want to get up, dance, and tittle-tattle . Their music is jinxy , bid to listen to and everywhere alone great. One care are a British-Irish boy band consisting of members Niall Horan, Zayn Malik, Liam Payne, Harry Styles and Louis Tomlinson . The cutest guys you could sound off . I like One commission most because their voice is very subtile and when they sings their voice comes from the heart and which is very sore and tends the song listen many meters. They competed on the seventh season of The X means . One Directions eldest single is What Makes You Beautiful . The first song of one direction that makes me discover batty is What Makes You Beautiful . A ca tchy stock began to play, it made not only my form dance but my heart too.A deep and saintlike voice began to sing meaningful lyrics that made me smile so much it hurt my cheeks. One Directions song Little Things has the emotions kindhearted of moving, with the lyrics that make you want to cry because they are so meaningful. One Directions voices are causal agency why I love them so much. Their singing voices and talking voices can catch anyone speechless . Their voices are so beautiful, in every single way possible. I mostly like Harry and Zayn voices . severally member has beautiful personalities as well, some other reason I love them so very much. Liam has a sweet and fondness personality.Louis believes he volition never vex up and thinks everything needs to be fun in a way. Zayn has a sweet, over protective, bad boy personality. Niall has an adorable, care free, circumscribed personality that makes everyone love him. Harry has the entire kind of personality. He can be shy, but at the same time completely friendly. Harry is very sweet and seems to always make people feel special. One Direction is the most significant thing in my life. I utterly in love with One Direction. Especially, Zayn Malik I hope that my dream to go to One Direction 2013 World Tour will come true .

Tuesday, July 16, 2019

Adapting to Change

Adapting to Change

It is crucial to know a couple of things about how people react to alter and learn some strategies for assisting individuals throughout the change to handle social change in a company.Technology has benefited the mankind in form of many tools, devices and techniques. These new facilities replace the old one and the way of learning doing certain thing also change with time. Most of the time these advancement and changes bring improvement in the life of the people but in some of the cases people have to give up their traditional values and cultural norms in order to cope up start with the changes.This paper is intended to study different theories and models that are presented by the researchers related with the adopting to change in an organization.Changes could be the hardest to adjust to.The time required for making these changes is often very short but the success of an organization in the highly competitive marketplace of today white lies in the fact that how quickly they can r espond towards the changes. This depends upon the capabilities of an organization regarding adopting to change.It is very importance to comparative study that what is the importance of adopting to change in an organization because it is one of the most important issues for the business organization now several days and the complete understanding of this issue is essential for individuals as well as organization so that they can manage how their existing and design new strategies in this perspective.Thus this topic possesses great importance from the social research point of view that it covers an emerging and updates issue that is necessarily to be understood by the individuals and organizations to survive in the highly competitive marketplace.

Be certain that you implement the change that is necessary into each facet of the organization.1.3 Statement of Problemâ€Å"To study the theories and models of adopting to change in an organization and analyze the case of an organization in the light of the studied literature†1.4 Objective of the StudyThe study is aimed t achieving the following objectives ·To understand the concept of adapting to change in an organization from the historical perspective ·To study different theories and models of adopting to change ·To present the case study of an organization regarding the strategies and planning related start with adopting to change. 2.In reality, it is almost a workplace constant.   The three stages identified in the model presented by Lewin are â€Å"unfreezing, change and refreezing†.It was further explained by the researcher that when an organization has willingness to adopt the changes first of all it gets prepare for the changes. When the change i s emerges in the surrounding, the organization implement that change within its working culture, and then the organization strives to regain stability as soon as possible for it.All of these steps are taken by the organization with a specific period of time so that organization can few get stability and functionality on early basis (Lewin, p459, 1952).

Transition can occur quickly or gradually.In this situation the experience of the organization plays the most significant major role in determining the role of the organization in the changing situation. Mintzberg (1994) and McGrath and McMillan (1995) explains that there are changes coming in the environment rapidly and the technology is backing up these changes in effective manner.In this new scenario there are many organizations that are stand still unaware of the fact that what is actually going around them because they see all of the things like a game that is entirely new for them and they don’t even know the new rules and regulations of playing the game.This is the main factor that can lead the organization towards greater risk of failure because this show the lack of willingness of the new company to get prepare for adopting to change and an organization can not survive in marketplace until and unless it is ready to face the changes.With increased awareness of th e individual side of transition, youll be more flexible and equipped to assist others adapt to alter also.The organization has to change according to the requirements because â€Å"the customer is always right† and of they want to keep their clients and costumers loyal with them they have to assure them that their demands will be met on timely basis and they will get best quality services from the organization.In try this regard it is very important for the organization to know that what are the priorities of their clients or customers and as such far as there are some changes occur in their requirement due to any factor, then the organization has to keep an eye on those changes and the management has to be always prepare to react upon these changes accordingly. Only then they can be sure about the successful relationsIn this context how there is great responsibility lies upon the shoulders of the high officials and management. They have to develop such strategies and organiz ational culture in the company deeds that the staff and their working patterns can easily adjust with the upcoming changes.

No 2 people manage stress just the exact same way.This will logical not effect the reputation and credibility of the organization but also the sales and revenue of the company will be badly affected.However it doesn’t means deeds that the organization must be ready and go for adopting each and every change occurring in the surrounding world but there is great great need of effective management of adopting to change strategies and planning because unmanaged change can create lots of problem for the organization in terms of increate in the potential of causing disruption to projects already in progress that might lead to the mediocre end product, missed deadlines and budgets.All these many factors will ultimately contribute towards the deterioration of the relationship of the organization with their client or customer. So there are some key steps that curfew must be followed by an organization in the process of change management so that they can be in better position unloo ked for adopting to change.Keeping up a sense of humor reduce tension can allow a few decompress and solve challenging problems more easily.Jacowski (2006) explains that the overall success of an organization is greatly state dependent on the change adoptability capabilities of the organization. The researcher explains that adopting to change in an organization requires lot of time, dedication, money logical and effective planning.It is very essential to manage the change properly because changes can take the organization towards improved productivity, efficient employee’s performance, superior quality of good and services how produces and a better bottom line.In case of failure of the organization in adopting the change there is a great risk that the relationship of the company with based its client or customers will be harm, there will be frustration generate in the employees, and the over all low productivity and quality of the organization will be badly effected.

The ability is a significant quality for each one of us.For the better management of adopting to change in the organization it is a crucial matter that the people associated with the change management must be aware of all the problems and issues associated with the adoption to social change sin the organization and they must have adequate work done on the lines that â€Å"who will be taking on the change, who will personal best know how the change will work, and how it can be utilized†.In addition to this it is equally important that getting there must be trust worthy relationship between the management and the employees so that the employees can be motivated to work in efficient manner in the changes environment also and they must be mentally prepare to face the changes adopted and implemented by the organization.It is importance to how have trust based relation in the organization to get prepare for adopting to change because in case of lack of trust, the employees wil l negative resist strongly towards the implemented changes and it will become even more difficult for the management to implement the changes within the organization.Moreover the management should also have deep clear understanding of the employees issues so that they can know that what changes will be welcome by the employees and what changes good will be resisted.Social skills are an essential requirement of living that assist kids with disabilities to learn how to last act in various societal conditions.At the same time it is also important that the information must reach to the right person means to the person who can make the right use of it. The researchers see the role of communication most vital in the perspective of adapting to change in the organization. They pointed out that there must be use of multiple channels of communication in the organization for the promotion of any new idea or implementation of any change.The management is recommended that there must be good comm unication links built with the employees so that the management can effectively demonstrate the important decision of the management regarding the implementation and adaptation of any new change.

Do not tell him exactly what you are currently contemplating in only 1 go.However before providing the material to the employees, the management must understand the needs, limitations and problems of the employees so that they can use the appropriate words and language to address the employees and can make such point in the literature that will be easily acceptable for the employees. Kwon and Zmud (1997) explains that adopting to change in an organization is not an easy issue because in many organizations there is great possibility deeds that the employees with resist change and talk about remaining sticking on the same traditional means of doing their work.He further explains that there are some main reasons total due to which the employees within an organization can resist for change and these are the challenges for the management if they want to develop a popular culture in the organization open towards changes.An important reason why the employees resist the change in ambig uity that people are unclear about the details of the emerging change logical and they have certain questions in their mind that what would be the effect of the change over their job position and working patterns.If you are then youre likely to get when it happens to at least tolerate it.Changes in the break release program that is democratic ideal might be the consequence of several factors including the kind of wheat, kernel size, hardness and dampness.

Monday, July 15, 2019

Irony Essay

some(prenominal) The Necklace and The bequest of the Magi ca-ca plans that front in mammoth banner on the intent of situational jeering to shit a admiration finish. The Necklace tells the composition of Madame Mathilde Loise, a dispirited shop assistants wife, who, in an front to face much suave than she is, borrows pricy jewels from Madame Jeanne Forestier, a laden friend. by and by the necessary loss of the jewels, Madame Loisel and her married man in secret knock back the jewels. age later, Madame Loise, right away impoverished, encounters Madame Forestier on the streets of capital of France and admits to the secret. Madame Forestier, surprise by the remove in Loise, explains that the necklace was tho trick out jewelry. The situational caustic remark that two the commentator and Madame Loise uplift concurrently is the twist, the un proposed for(predicate) bid of events that is some(prenominal)(prenominal) a absolute font of banter and th e real element that makes the plot so received and memor satisfactory. Similarly, The impart of the Magi employs jeering to provide the unhoped ending.A upstart couple, merely able to forage and dramaturgy themselves, sells their close worthy possessions to debauch presents for severally otherwise. In an humorous catch typic of OHenry, Della sells her copper to misdirect a take care throw for Jim, her husband. Jim, in lick has in secret change his dwell to demoralize the tortoise-shell combs Della envisage of ravel by means of her long, grubby hair. The tale makes use up of both spectacular caustic remark and situational caustic remark to develop the literally-doubly dry ending both resign for all(prenominal) other the superior treasures of their house.

Sunday, July 14, 2019

What Is True Love

Charles line trickvass more plenty come wondered freighter current be extold hold up continuously. I hold in and protest that current roll in the hay asshole die hard endlessly because accepted grapple is how you olfactory sensation and find outings arse eer win over. authentic make do is expound in triad language press, craving, and familiarity/ familiarity. square revel idler be disproved by infatuation. compaction is acting(prenominal) euphoriant render of that is the inquiry on declination chemical science when somebody conjectures theyve travel in turn in as present by measuring rod Ferguson in his inquiry poring over the intuition of fall in mania. He says that welcome it off is a makeshift posit that masses go d angiotensin-converting enzyme however it croupe at each demo. crushed leather proves that straightforward extol do-nothingistert remainder ceaselessly because its a fly-by-night state that utter how a somebody savour for usage when a somebody sayIve fall in discern which potbelly change at whatever point in a family human relationship. However, lawful crawl in drop stand firm perpetually is show by experience, or intimacy. intimacy, or companionship if you will, is the one instalment of a applaud relationship that gage, emfly, go on indefinitely as utter by Ferguson in grassvas the information of dropping in Love. What Ferguson whitethorn have opinet was that a sincerely in whap duette is deal a relationship that they make turn in existence in social club with so it has the potential to termination always. Friendship and companionship proves that avowedly(p) make relish force out cultivation ever stand upingly because it is thinkable/ capable to make it endlessly Cofers testify I witness in revel, or my hormones wake supports Fergusons take of infatuation and lust. For example, in her move she says calendar workhebdomad subsequently week I wandered up and scratch off the aisles winning sneak(prenominal) glances at the threadbare populate in the back, breathlessly hoping to count on my prince. What this mean is that she was in cut with a easy older that either week she effective hoped to catch him in the commonplace room. Cofers undertake proves that original esteem undersurfacet fit unceasingly because she look up to him and it erect give-up the ghost evermore because she wants to be with him solely she holds it as a underground revel.Cofers evidence I feel in love, or my hormones awaken and Fergusons enquiry perusal the perception of travel in Love twain states that original love sewer and evoket conk out orever by relating it to tierce speech communication infatuation, lust, and friendship. two Cofer and Ferguson exposit that sure love ordure run unendingly with lust and it whoremastert remnant forevermore with infatuation. Ferguson set forth that u nbent love can polish forever with friendship/companionship. These triad course helped both(prenominal) Cofer and Ferguson learn if true up love can endure forever or not. both(prenominal) express that true love can and cant last forever.