Tuesday, December 17, 2019
Women in Nazi Germany - 1548 Words
The women in Nazi Germany had a very specific role set up for them. The specifications of their job consisted of revolving around their house duties, their husbands and their children. Most of the income in the family would come from the husband, while back at home, the women would tidy up and keep everything in place. The encouragement of marrying at a young age, and getting a proper family dates back to 1933, from when Hitler first rose to power, and the Law for the Encouragement of Marriage was introduced. This law specified that all newly married couples would get a government loan of 1000 marks which was about 9 months average income. This loan was not to be simply paid back. The birth of one child meant that 25% of the loan did notâ⬠¦show more contentâ⬠¦The medals varied from bronze to gold, eligible mothers who have raised eight or more children have been awarded with gold. This sort of recognition would praise the women of Germany and would celebrate all of their acc omplishments which they were destined to do. In 1933, Magda Gobbles declared: German women were excluded from three professions: the army, as elsewhere in the world; the government; and the judiciary. If a German girl must choose between marriage or a career, she will always be encouraged to marry, because that is what is best for a womanâ⬠. Even if nazi ideology has worked smoothly in Germany, this would restrict the women in various ways, preventing them from becoming who they desire to be. As to many restrictions profession wise, the women in Germany were also prohibited of many other items, such as the use of make up. In 1933, meetings of NSBO (National Sozialistischer Betriebs Obman, the womens section of the German Workers Front) proclaimed that women who were ââ¬Å"painted and powdered were forbidden at all meetings of the NSBO. Women who smoked in public ââ¬â in hotels, cafà ©s, in the street and so on ââ¬â will be excluded from NSBOâ⬠. Sexuality was banned unless it was for reproductiveShow MoreRelatedThe Role of Women and Children in Nazi Germany 1498 Words à |à 6 PagesAdolf Hitler In 1933, Germany became the living hell for a lot people in Germany. They were persecuted for their color and religion by a well known man named Adolf Hitler and his devoted followers. Hitler changed the way people saw life and felt about it because of the hate he got after his horrible experience in World War I. He believed that they lost because German people had become weak and pathetic, He basically thought and said that they lost because of the Jewishs or any other race that wasRead MoreThe Role of Women in Nazi Germany Essay747 Words à |à 3 PagesThe Role of Women in Nazi Germany ââ¬ËThe role of women in Nazi Germany?ââ¬â¢ what is it? 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Women were utilized by the Nazi Party in ensuring the survival and ââ¬Ëproductionââ¬â¢ of the future generations of Germany, and maintaining the ideal and traditional version of the Aryan mother and wife. There was also a lot of pressure directed towards artists and writers. Who in the eyes of the Nazi party, were meant to conform to art forms such as neoclassicism and traditionalRead MoreIb History Essay: Nazi Ideology1180 Words à |à 5 PagesStrength and Weaknesses from the impact of Nazi ideology on Germany | | Jean-Vincent Mewald | 3/March/2012 | | Nazi ideology had a massive impact on the German people in the years from 1933-39. All aspects of the Germans where influenced by the Nazi ideology (culturally, socially and economical). Nazi ideology affected mostly the younger generation of Germans, as it was easier to manipulate them through school and youth groups. In addition, Nazi leaders thought it was of great importanceRead MoreThe National Socialist Party And The Downfall Of The Conquering Nazi Regime910 Words à |à 4 PagesNational Socialist Partyââ¬â¢s rise to power to the downfall of the conquering Nazi regime, the ideology of a racially and biologically superior Germany was a large motivating force for the actions taken by the regimeââ¬â¢s leaders and its people. National Socialist supporters saw the fictitious Aryan race as the pure, master race of Germany, while minority races and religions, namely Jews, as well as any subculture that did not follow Nazi ideology or social norms, were deemed as inferior sub-hu mans. DespiteRead MoreTaking a Look at the Weimar Republic955 Words à |à 4 PagesThe Weimar Republic existed in Germany between 1918 and 1933 (The Weimar Republic). The new Weimar Constitution of 1919 gave German women suffrage as well as access to educational initiatives like sexual hygiene and birth control (Pine, 199). Women got the chance to join political parties, trade unions, and immerse themselves in political life (Frevert, 175). The Weimar Republic wanted to give German women a chance at political success so they created the Ausschuss fà ¼r die Vorbereitung von FrauenRead MoreSuccess/ Failure of Nazi Policies on Women1439 Words à |à 6 PagesNazi Policies on women The 1933 Law for the Encouragement of Marriage (newly married couples given loan of 1000 marks - for each child produced they got to keep 250 marks and did not have to repay.) These loans were for ââ¬Å"vouchers for furniture and other household goods, provided, of course, that the women gave up work on marriage and devoted herself to motherhoodâ⬠Women who had over eight children were given the Motherhood Cross (handed out on Hitlers mothers birthday) Abortion outlawed and contraceptivesRead MoreHitler s Influence On The Nazi Party1440 Words à |à 6 Pagesto the Nazi state. The power and intelligence of the Nazi Party from 1933 to 1939 would forever change Germany and its way of life. Hitler was determined to influence the youth to support the Nazi movement and all the ethics and ideas that the party stood for. He was aware that it was crucial to encourage children and teenagers to be involved in order for the Nazi party to maintain their power for years to come. The Hitler-Jugend (Hitler Youth) was considered vital and became the sole Nazi youth
Monday, December 9, 2019
Investors and Contractors Assests and Procurement
Question: Describe about the Investors and Contractors for Assests and Procurement. Answer: 1. The major investment in mining company can be in the infrastructure assets and procurement of mining sites. The investment requirement in the infrastructure assets by the mining companies is huge and they need heavy machinery to be able to mine the ores and minerals present in the mining site. Also the company has to forecast the quantity of different machinery, cutting tools and machines to transport the minerals extracted from the sites to plants where they can be refined and converted to usable products. There are many companies which help in providing the financing for providing the necessary infrastructure. Also huge investments are required while bidding for the mining projects. The mining companies can earn a huge amount of money from the potential mining sites and hence invests in procurement of mining sites. Also there are firms which invest in sites and make them ready for mining and then these sites are sold to the mining company. This helps in reduction of risk of the mining companies and also makes it easier for them to start the project. (Chew, 2012) Lastly, mining companies invests in human capital and the training is provided to each employee working on the site and provides safety equipment to them. 2. The most important activities carried out from CFOs office are: Decision making: The CFO of a company helps in managing the financial risk of the company. The CFOs office decides the various investments of the company in various projects and funds. It is responsible for finalizing a project based on the return and risk involved it. The CFOs office is also in charge of the capital structure the company has and has to take decisions regarding the change in capital structure by increasing or decreasing the equity and leveraging on the debt to equity ratio to maximize the returns for the company. The CFO must also have valid reasons while making changes in the structure and should be able to justify the changes when subjected to scrutiny by the shareholders of the company. Assessment of the company: The CFOs office is responsible for the assessing the performance of the company based on the performance in the last year and taking necessary steps to achieve its goals. They take inputs from various departments and then combine the entire data to produce reports and help CEO in assessment of the company. They also translate the financial metrics into understandable format for the shareholders. CFOs office need to take care that no wrong or incorrect information is passed to the shareholders which can affect the prices of the shares of the company. Planning and forecasting: The CFOs office is also responsible for the planning and forecasting the future production of the company and helps each department in setting their goals and targets. They need to consider the low performing assets and find ways to improve its efficiency. If the CFO finds an asset to be non performing and will not be of any use to the company in near future, he can also dispose them off. The CFO uses scenario analysis and forecasting models to plan for different situations and remove all the contingencies from the same. The CFO is responsible for planning the long term sustainable growth for the company. (Biery, 2015) Thus the role of CFO is very important in setting the goals and objectives for the company. 3. While managing the funds of a public listed company, the managers should consider the impact their decisions will have on the investment made by the shareholders. The managers need to be more careful while dealing with funds of a public listed company as the money is not owned by them but the people and it is their responsibility to provide value to the investment made by the public. If the company takes care of its customers and is able to deal with the specifications required by them in time at appropriate cost then the company can make loyal customers which can provide more business to the company and earn more profits for the shareholders. Also while taking a decision, the manager of public listed company should take in to account the value their decision is going to add to the shareholders and if their decisions are going to impact the stakeholders. They should inform all the decision taken by them to the shareholders and try to add benefit to the shareholder and stakeholder at large. 4. Antipodes Mineral resources (AMR) is not only accountable to the owners of the firm but also to all the stakeholders involved with the company which includes customers, suppliers, employees and shareholders. AMR should take in to consideration all the stakeholders before taking any decision and the decision should be such that it is favorable to all of them. The company should generate profits for the owners of the company but it should also treat its employees with care as it is because of the continuous effort by the employees the company has been able to generate the profit. The company should treat its suppliers with care as it can provide competitive advantage over the competitors and the supplier will ensure that the company will have all the necessary supplies in time and at the best possible price and this can be beneficial for both of them. If the company takes care of its customers and is able to deal with the specifications required by them in time at appropriate cost then the company can make loyal customers which can provide more business to the company and earn more profits for the shareholders. Also the mining company should take care that the pollution created by the company does not affect the people living in those areas. Thus, Antipodes Mineral resources is not only accountable to the owners but to all the people affected by it. (Jensen, 2001) a. The cash flow on the project is given below Year Cash flow 0 -3000000 1 700000 2 700000 3 700000 4 700000 5 -1300000 6 700000 7 700000 8 700000 9 700000 10 900000 We need to find the NPV (Net present value) of the project. Net present value is defined as the present value of the future cash flow. It is obtained by discounting the future cash flow to present. It is given by NPV = Thus NPV = 136462.99 Thus NPV of the project is positive. So the company can go ahead with the project. C. Payback period is the time after which the revenue generated is equal to the investment. Thus in this case, payback period is in between 7 and 8 years. Pay back period = 7 + (100000/700000) = 7.14 years. (Investopedia, 2011) Discounted Payback period is the time after which the present value revenue generated is equal to the investment made. Year Cash flow Present Value Cumulative Value 0 -3000000 -3000000 -3000000 1 700000 636363.6364 -2363636 2 700000 578512.3967 -1785124 3 700000 525920.3606 -1259204 4 700000 478109.4188 -781094 5 -1300000 -807197.72 -1588292 6 700000 395131.751 -1193160 7 700000 359210.6828 -833949 8 700000 326555.1661 -507394 9 700000 296868.3329 -210526 10 900000 346988.9605 136463 Thus in this case, Discounted Payback period = 9 + (210526/ 346998.96) = 9.606 years The discounted pay back period is very high and the investors would prefer to invest in a project where the discounted pay back period is lower and could consider other options. References Chew, A. (2012). Investing in mining related infrastructure - what investors and contractors should know. Retrieved on September 16, 2016 from https://www.corrs.com.au/thinking/insights/investing-in-mining-related-infrastructure-what-investors-contractors-should-know/ Jensen, M. (2001). Value maximization, stakeholder theory, and the corporate objective function. Retrieved on September 16, 2016 from https://onlinelibrary.wiley.com/doi/10.1111/j.1745-6622.2001.tb00434.x/full Investopedia. (2011). Net Present Value NPV. Retrieved on September 16, 2016 from https://www.investopedia.com/terms/n/npv.asp Investopedia. (2011). Payback Period. Retrieved on September 16, 2016 from https://www.investopedia.com/terms/p/paybackperiod.asp Biery, M. E. (2015). 4 Key Functions of a Chief Financial Officer. Retrieved September 7, 2016 from https://www.entrepreneur.com/article/242001
Sunday, December 1, 2019
Quality Assurance and Mr. Khan free essay sample
Introduction This paper is prepared based on a case study of garments industry. Mr. Khan started a garments industry. After running for 5 years, he reached at the breakeven point that is no profit and no loss. At the same time, he faced some problems regarding the sustainability of the garments. Here we tried to identify the problems that faced by Mr. Khan based on the on going garment sectorsââ¬â¢ condition of Bangladesh. According to us, he did not face any budget problem but he faced performance problem and time problem. After identifying the problems, we tried to give some recommendations regarding the sustainability of his garments industry which are discussed here. 18 Flowchart of problems: 18 Problems identification: 18 The problems we have identified so far, are of mainly three types. The problems are as follows: 1. Performance problems: 1. 1 Poor communication Mr. Khan has poor communication with employees, customers(foreign local) and suppliers appears for several reasons lack of skills or lack of understanding of the importance of strong communication, employees dont get information in a timely manner, employees are given too much information that isnt relevant etc. We will write a custom essay sample on Quality Assurance and Mr. Khan or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 1. 2 Poor infrastructural design Now a days, the most garments has poor transportation and communication system and building structure, entrance and exit system is bad in case of fire and other accident. 1. Low product quality Sewing defects, Color defects, Sizing defects and Garment defects are quality related problems faced by Mr. Khan which make the product quality low. It creates very bad impression and results in loss of business and reputation. 1. 4 Lack of management policy Todayââ¬â¢s garments sector has huge problem with management like- lack of proper instruction, , lack of proper training, workers dissatisfaction with their facilities and payment. 1. 5 Lack of research Although a garment is a thrust sector, lack of proper research and development work remains a major inadequacy for long. The garments do not research about product, buyers and their competitors. 1. 6 Export import barriers 18 Garments are facing export and import barriers. In exporting, garments facing high duty and cota problems. In importing, garments are facing port and customs problems. 1. 7 Limited Export Market Mr. Khan is highly concentrated in two major markets- EU and USA. concentration in a few markets is risky. 1. 8 Excessive labor union Labor union raises their voice for wage increases, set working hours, bonus, on time payment and safety conditions. and productivity. 1. 9 Low productivity of workers The labor productivity of Mr. Khan is much lower. The majority of the workers come from slum dwellers with little or no education. This is one of the reasons of low productivity. Lack of training, motivation and low labor cost are also responsible for lower productivity. 1. 10 Failed to apply TQM (Total quality management) Mr. khan has failed to apply TQM (total Quality Management) in his production process. 1. 11 Lack of high technology Lack of standard machinery results in poor quality and defected garment products. In most of the factories there is theft cases of parts of machines and these are replaced with low quality parts to keep the machine operational. . 12 Limited knowledge in international marketing information Mr. Khan has limited access to current market intelligence and international trade information. Foreign buying houses have been dominating the marketing part of the business. But if these buying houses shift their bases to other countries, Bangladeshi exporters may face serious problems in findi ng their ultimate buyers. For that reason they strike which reflects on profit Limited exported in Germany, UK, France, Netherland, Italy and Canada. The high 18 1. 3 Inefficiency in port management The Chittagong Port is the most important entry and exit point for trade and commerce of the country. It is one of the most inefficient and corrupt ports which seriously hamper the competitiveness of Bangladeshi garment in the world market. The corruptions are- Frequent work stoppage by different service providers, transport workers, Excessive dock labor unionism, Politicization of Collective Bargaining Agents, Direct involvement of powerful local politicians, elite and musclemen, illegal gratification practices. 1. 14 High competition Mr. Khan is facing high competition for other local garments industries and efficient producers like Hong Kong, China, India, Thailand, and Sri Lanka, Vietnam and Caribbean countries. 2. Time problems: 2. 1 Global Recession The garment exporters are suffering badly due to the ongoing global economic crisis. For the worldwide recession, Mr. Khan is realizing low unit value from the overseas market and paying higher unit value for importing raw materials. 2. 2 Lack of resource when needed Resource like electricity, gas and water are not adequate. The raw materials are not also available in our country. Mr. Khan depended on others countries for outsourcing of raw materials which charged higher prices and increased the production cost. 2. 3 Lead time The buyers want the product within a limited time with a best possible price that Mr. khan could not meet up. 3. Money Problems: 18 3. 1 Fluctuation of international prices International price fluctuate heavily. As a result, cost of raw materials increases which ultimately increase the total price. 3. 2 High corporate tax rate In garments industry has to pay high tax on their production as well as VAT. 1. Performance problems: 18 Performance problems and solutions Effective Communication Wonderful nfrastructural design Poor infrastructural design Poor communication Low product quality Improving product quality Effective management policies Lack of management policy Conduct more research Lack of research Effective export import system Export import barriers Limited Export Market Markets exploration Mutual understanding Labor union Low product ivity of workers Increasing productivity of workers Effective use of TQM F ile toa p T M a d p ly Q (T ta q a mn g mn o l u lity a a e e t) Lack of high technology Limited knowledge in international marketing information Use of high technology Buying agent Ensuring efficient management of ports Inefficiency in port management Increasing Competitiveness High competition Recommendation of performance problem: 18 For the performance problems showing above, we are giving the following suggestions: 1. 1 Effective Communication Clearly communication appears to be the key to project success. Effective communication skills can create a more positive outcome. Stay focused on the present employeeââ¬â¢s feelings, understanding one another bring solution to communication problem. Effective communication goes both ways- thinking and listening. At first Mr. Khan has to listen what employees and suppliers are saying, customers or buyers want. Donââ¬â¢t interrupt and get defensive. Just hear them and reflect back what theyââ¬â¢re saying so they know they are heard. Then Mr. Khan will understand them better and theyââ¬â¢ll be more willing to listen to him. Foreign Buyer Local raw material Suppliers Manufacturer (Mr. Khan) Figure of Business Structure Foreign raw material Suppliers Try to see from the view point of employees, customer sand suppliers. Communicate directly with customer and suppliers. Mr. Khan Director Director Line Agent Line Agent Line Agent Line Agent Line Agent Line Agent Figure of Team Communication 18 As messages are passed up or down through the layers of the organization, they pass through a number of different people who can add, take from, qualify or totally twist the original message. Mr. Khan has to begin communication with the directors who receive instruction directly from him. They are then asked to share this information with their group of front line agents. One way to make sure the directives or communication that directors pass down actually get to the front-lines the way he intended is to randomly conduct ââ¬Å"round tableâ⬠discussions. Pull 3-5 front line agents in for a discussion that is very informal and ask specific questions to get a feel for the messages Mr. Khan has passed down and to make sure the director is doing their job. To overcome fear Mr. Khan must work to develop trust among the employees. Trust develops when Mr. Khan will do what he says he is going to do and by doing his part to help the team succeed. Mr. Khan has to build trust and not violate the confidentiality of the employees who are openly and honestly sharing. Again, the key to honest feedback is to create a trustworthy relationship that employees believe will not come back to hurt them later. . 2 Wonderful infrastructural design To remove this problem Mr. Khan should establish in such type of area where transportation system is well. Mr. Khanââ¬â¢s garment should have large entrance and exit way and alternative way to exit in any kind accidents. For fire accident Mr. Khanââ¬â¢s garment should have enough fire distinguisher. If the garment has large entrance and exit and enough fire distinguisher then every employee will feel safe and will do their job with full attention. Governments can also impose some rule regulation on garments building stricter. 1. Improving product quality Before entering into international market, garment exporters have to carefully frame out the quality standards. There are a number of factors on which quality fitness of garment industry is based on such as performance, reliability, durability, visual and perceived quality of the garment. 18 The broad quality parameters (ISO 9000 series) have to follow for maintaining the export quality. Quality has to be taken care by Mr. Khan, because excuses are not entertained in international market for negligence for low quality garment products. So, Mr. Khan has to produce high quality product, use latest design and technological know- how. Apart from superior quality of the garment, its pricing, packaging, delivery, etc has to be also taken care of. Quality needs to be defined in terms of a particular frame work of cost. So, Mr. Khan needs to follow focus strategy. It means Mr. Khan has to focus on cost and quality at a time. Mr. Khan should know to negotiate a premium price after quality assurance is done. The garment shown in the catalogue should match with the final garment delivered and the garment quality should match the samples shown during taking the orders. It is important to perform according to the promises given to the buyer. Because in international market, quality reassurance is required at every point. Proper documentation and high standard labels on the garment are also important aspects as these things also create good impression. Quality is ultimately a question of customer satisfaction. Good Quality increases the value of a product or service, establishes brand name, and builds up good reputation, which in turn results into consumer satisfaction, high sales and foreign exchange. The perceived quality of a garment is the result of a number of aspects, hich together help achieve the desired level of satisfaction for the local customers and foreign buyers. Therefore quality control in terms of garment, pre-sales service, posts -sales service, delivery, pricing, etc are essentials. 1. 4 Effective management policies 18 For overcome this type of problem Mr. Khan should hire higher educated persons by providing high salary. Because they have the ability to give proper instruction to their workers like- what the buyers want, what quality of work he expect, how the work should do etc. Secondly, the workers are uneducated. For that they can not adopt with the new technology. For such kind of problem Mr. Khan needed educated workers so that they can easily adopt with new technology. On the other hand it is easy to provide higher training to the educated workers. Mr. Khan should setting a minimum wages and salary level and pays the salary and wages on time. And workers should give large space so that they can move easily. It will make the employee more motivated to their work and more devoted to the management policies. 1. 5 Conduct more research Research is needed for every company to sustain in the market. Mr. han should conduct more research also because of changing of time and demand of customers and buyers. The Mr. khan can hire research people to forecast the demand and quality of product. To forecast the buyers demand the research people can talk with the customers and buyers what kind of product and which quality of product they want. The Mr. khan should research about his competitors and their s trategy also. It can possible by observing the competitors very carefully. 1. 6 Effective export import system The governments increase the facility for exporting garments product with a low export duty and should give high dock facility. For cota system government should negotiate with that countries imposes cota on our garments product and can do an exchange deed with those countries. As the garments industry has a big contribution in our economy and we earn a huge amount of foreign currency so government should give extra emphasize on garments raw material by reducing customs formalities. 1. 7 Markets exploration 18 Efforts should be made to develop new markets, at least in large Asian countries such as Japan, China and India. This may help Mr. Khan to sustain his garments growth in the increasingly competitive global market. 1. 8 Mutual understanding Mutual understandings remove the labor union problem. While taking a break from the discussion is sometimes a good idea, always come back to it. If come up to the situation with a constructive attitude, mutual respect, and a willingness to see the otherââ¬â¢s point of view or at least find a solution, then Mr. Khan will be able to make progress toward the goal of a resolution to the conflict. Instead of trying to ââ¬Ëwinââ¬â¢ the argument, look for solutions that meet everybodyââ¬â¢s needs. Either through compromise or a new solution that gives both what they want most, this focus is much more effective than one person getting what they want at the otherââ¬â¢s expense. 1. 9 Increasing productivity of workers Operations are more efficient when employees perform just one task or only certain aspects of a task in order for that job to be conducted at its highest level. Continuous efforts should be exerted to reduce the cost of doing business by increasing productivity. To enhance the productivity of labor, intensive training, worker satisfaction and proper motivation is essential. So, Mr. Khan has to provide on the job training for increase skill of production. He also has to meet the workers demand to satisfy them. Then the worker should be self motivated. Better working conditions with reasonable pay may improve the situation to attract mid to upper-mid level well-educated citizens of the society, which may help improve the productivity of labor significantly. 1. 10 Effective use of TQM Total Quality Management is a management concept . The basis of TQM is to reduce the errors produced during the manufacturing or service process, increase customer satisfaction, streamline supply chain management, aim for modernization of 8 equipment and ensure workers have the highest level of training. Mr. khan should use TQM not only achieve the objectives set out in its policy and strategy, but also, and equally importantly, sustain and build quality. Mr. khan should use TQM focuses on encouraging a continuous flow of incremental improvements from the bottom of the organizations hierarchy. It will make production smooth, increase production quality as well as management quality. 1. 11 Use of high technology Mr. Khan has to provide flawless machineries to achieve better output. Mr. Khan instead of going harsh against the workers must try to find out the real causes of low quality products and time wastage factors if they really want to bring qualitative changes in their products. 1. 12. Buying agent Mr. Khan should use a buying agent who can do all sort of job on behalf of the company and this will be very much handy, once company has enough experience doing foreign trade then it can do all the procedures itself. 1. 13 Ensuring efficient management of ports â⬠¢ â⬠¢ â⬠¢ â⬠¢ Operate the port for 24 hours a day Stop all toll collections that takes place at the entry and as well as within the port. Encourage the establishment of more off dock container freight stations (cfs) (both for exported and imported containers) Permit private sector to take over some of the functions of handling containers. This will reduce the space pressure on the port and minimize delays in handling raw materials. â⬠¢ Simplify the administration of vessels entering the port and reduce the number of forms to be completed from 40 (now) to 7 (as in most ports). 18 â⬠¢ Activate the proposed Asian Development Bank loan project and modernize Chittagong Port. The approach of the loan is to allow privatization of some port operations â⬠¢ â⬠¢ â⬠¢ Revise the antiquated Shipping Act, procure more equipment, and construct the proposed new container port Banning all kinds of strikes within it Special export processing zones have been set up to ensure smooth functioning of factories for export processing. 1. 14 Increasing Competitiveness For increasing competitiveness Mr. Khan has to keep the cost of production lower than that of competitors, bring continuous innovation in technology, offering high quality product at reasonable and take different promotional activates . Time problems Time problems and solutions Global Recession Overcoming global recession Make Resource available Lack of resource when needed Lead time Manage lead time soundly 18 Recommendation of time problem: For the time problems showing above, we are giving the following suggestions: 2. 1 Overcoming global recession The BGMEA must look into it thoroughly and start thinking from now on without wasting time regarding how to tackle the situation and keep our products export on track which accounts for our foreign exchange. 2. 2 Make Resource vailable In garments factory electricity, gas and water are the most important. For this, Mr. Khan should make own bio-gas plant and own electricity plant for their garments and also can use big jars for sustain water. Government should also adequately distribute these. Mr. khan should store sufficient amount of raw material in warehouse to make the supply of raw material smooth and easy when needed. Mr. khan should also find out alternative way to sourcing raw material to buy raw 18 material in low cost when others price is high. Company should keep in mind the following factors to select a supplier whether to home or abroad: â⬠¢ â⬠¢ â⬠¢ â⬠¢ â⬠¢ â⬠¢ Purchase price Technological capacity Distribution costs Reliability regarding just-in-time deliveries Service by the raw materials producer Quick response 2. 3 Manage lead time soundly Lead time is one of the main competitive factors among companies. The ability to deliver quickly influences export, sales and thereby revenue. It normally includes all activities from start to end. Lead time begins with the first receipt of a customer order and ends with customer receipt of the product or service. Mr. han should always make available raw material, use high technology, skillful workers and management team to finish the total process properly and meet the lead time. Customer lead time = [{Information lead time} + {Order lead time}] Total lead time = [{Information lead time} + {(manufacturing lead time) + (shipping time for import fabrics) + (S hipping time for export final product)} Mr. khan should reduce time in the following processes: 18 The proposed structure is: 3. Money problems Money problems and solutions Fluctuation of international prices Adopt with international prices High corporate tax rate Negotiation for reduce tax rate 8 Recommendation of money problem: For the money problems showing above, we are giving the following suggestions: 3. 1 Adopt with international prices When product price will fall in international market, then he should produce fewer products and minimize the import. If in this moment he produces more products and maximizes import, then for fluctuation in international market his product price will be fall. For this reason, he can not success his business and sustain will be impossible. To overcome this problem he should produce and import minimize product. Price Demand Production 3. 2 Negotiation for reduce tax rate 18 When any business organization firstly starts a business, then government do not charge any tax on that business for first five years. After five years government charge high corporate tax. To overcome high corporate tax rate Mr. Khan should maximize the profit because from profit government do not charge any tax. He can maximize the profit to develop his product quality. Conclusion Mr. Khan should continue the project for sustain his business and earn profit. We think he will overcome all of his problems if he follows our suggested way. 18 Appendix The own part done by each group members are given in the next page with name and id. 18
Tuesday, November 26, 2019
Battle of Fort Washington in the American Revolution
Battle of Fort Washington in the American Revolution The Battle of Fort Washington was fought on November 16, 1776, during the American Revolution (1775-1783). Having defeated the British at the Siege of Boston in March 1776, General George Washington moved his army south to New York City. Laying out defenses for the city in conjunction with Brigadier General Nathanael Greene and Colonel Henry Knox, he selected a site on the north end of Manhattan for a fort. Located near the highest point on the island, work began on Fort Washington under the guidance of Colonel Rufus Putnam. Constructed of earth, the fort lacked a surrounding ditch as American forces did not have sufficient powder for blasting out the rocky soil around the site. A five-sided structure with bastions, Fort Washington, along with Fort Lee on the opposite bank of the Hudson, was intended to command the river and prevent British warships from moving north. To further defend the fort, three lines of defenses were laid out to the south. While the first two were completed, construction on the third lagged. Supporting works and batteries were constructed on Jeffreys Hook, Laurel Hill, and on a hill overlooking Spuyten Duyvil Creek to the north. Work continued as Washingtons army was defeated at the Battle of Long Island in late August. American Commanders Colonel Robert Magaw3,000 men British Commanders General William HoweGeneral Wilhelm von Kynphausen8,000 men To Hold or Retreat Landing on Manhattan in September, British forces compelled Washington to abandon New York City and retreat north. Occupying a strong position, he won a victory at Harlem Heights on September 16. Unwilling to directly attack the American lines, General William Howe elected to move his army north to Throgs Neck and then on to Pells Point. With the British in his rear, Washington crossed over from Manhattan with the bulk of his army lest it be trapped on the island. Clashing with Howe at White Plains on October 28, he was again forced to fall back. Halting at Dobbs Ferry, Washington elected to split his army with Major General Charles Lee remaining on the east bank of the Hudson and Major General William Heath directed to take men to the Hudson Highlands. Washington then moved with 2,000 men to Fort Lee. Due to its isolated position in Manhattan, he wished to evacuate Colonel Robert Magaws 3,000-man garrison at Fort Washington but was convinced to retain the fort by Greene and Putnam. Returning to Manhattan, Howe began making plans to assault the fort. On November 15, he dispatched Lieutenant Colonel James Patterson with a message demanding Magaws surrender. The British Plan To take the fort, Howe intended to strike from three directions while feinting from a fourth. While General Wilhelm von Kynphausens Hessians were to attack from the north, Lord Hugh Percy was to advance from the south with a mixed force of British and Hessian troops. These movements would be supported by Major General Lord Charles Cornwallis and Brigadier General Edward Mathew attacking across the Harlem River from the northeast. The feint would come from the east, where the 42nd Regiment of Foot (Highlanders) would cross the Harlem River behind the American lines. The Attack Begins Pushing forward on November 16, Knyphausens men were ferried across during the night. Their advance had to be stopped as Mathews men were delayed due to the tide. Opening fire on the American lines with artillery, the Hessians were supported by the frigate HMS Pearl (32 guns) which worked to silence the American guns. To the south, Percys artillery also joined the fray. Around noon, the Hessian advanced resumed as Mathew and Cornwallis men landed to the east under heavy fire. While the British secured a foothold on Laurel Hill, Colonel Johann Ralls Hessians took the hill by Spuyten Duyvil Creek. Having gained a position on Manhattan, the Hessians pushed south towards Fort Washington. Their advance was soon halted by heavy fire from Lieutenant Colonel Moses Rawlings Maryland and Virginia Rifle Regiment. To the south, Percy approached the first American line which was held by Lieutenant Colonel Lambert Cadwaladers men. Halting, he awaited a sign that the 42nd had landed before pushing forward. As the 42nd came ashore, Cadwalader began sending men to oppose it. Hearing the musket fire, Percy attacked and soon began to overwhelm the defenders. The American Collapse Having crossed to view the fighting, Washington, Greene, and Brigadier General Hugh Mercer elected to return to Fort Lee. Under pressure on two fronts, Cadwaladers men soon were forced to abandon the second line of defenses and began retreating to Fort Washington. To the north, Rawlings men were gradually pushed back by the Hessians before being overrun after hand-to-hand fighting. With the situation rapidly deteriorating, Washington dispatched Captain John Gooch with a message requesting Magaw to hold out until nightfall. He hoped that the garrison could be evacuated after dark. As Howes forces tightened the noose around Fort Washington, Knyphausen had Rall demand Magaws surrender. Sending an officer to treat with Cadwalader, Rall gave Magaw thirty minutes to surrender the fort. While Magaw discussed the situation with his officers, Gooch arrived with Washingtons message. Though Magaw attempted to stall, he was forced to capitulate and the American flag was lowered at 4:00 PM. Unwilling to be taken a prisoner, Gooch jumped over the forts wall and tumbled down to the shore. He was able to locate a boat and escaped to Fort Lee. The Aftermath In taking Fort Washington, Howe suffered 84 killed and 374 wounded. American losses numbered 59 killed, 96 wounded, and 2,838 captured. Of those soldiers taken prisoner, only around 800 survived their captivity to be exchanged the following year. Three days after the fall of Fort Washington, American troops were forced to abandon Fort Lee. Retreating across New Jersey, the remains of Washingtons army finally halted after crossing the Delaware River. Regrouping, he attacked across the river on December 26 and defeated Rall at Trenton. This victory was followed up on January 3, 1777, when American troops won the Battle of Princeton.
Saturday, November 23, 2019
Daily Fuel How quiet leadership makes a louder impact
Daily Fuel How quiet leadership makes a louder impact The desire for power is a common one, but once you obtain it, the real test begins. Both the public and private sectors are full of leaders more focused on their own personal brand than the impact they are making. Former Bush Administration official and Detroit Regional Chamber CEO Sandy Baruah explains what separates the best leaders from the show horses, but his message can apply to even the smallest of jobs. [Source: Daily Fuel]
Thursday, November 21, 2019
Inflation returns to Euro zone Essay Example | Topics and Well Written Essays - 500 words
Inflation returns to Euro zone - Essay Example One of the main indicators of the inflation pressure is the producer prices. The reason is that unless these prices are absorbed by retailers using profit margins which then translate to consumer prices. Thus, other the bond buying program that had been introduced by European Central Bank in March, other measures undertaken to boost the economy of Euro zone is cutting down main interest rate and the deposit rate. However, it is still too early to stay in the comfort zone about this issue. It is still early to indicate the trajectory of the future policy since inflation will continue depending on the prices of oil. This is considering the weak euro area growth. Firstly, the dynamics of the oil prices continue to drive much of the inflation in 2015 mostly in the short term. In addition, despite the rise in Mayââ¬â¢s core inflation, more of the general momentum of inflation is likely to remain muted against an overall of still domestic demand of the euro area together with the capac ity in the labor market. Considering that most of the policy maker (Morris 1) spent most of 2014 fearing the worsening of deflation, then the worry is that if the prices are entrenched, then the consumers and other businesses are likely to delay their purchases. Thus, there are unlikely dips into the level of deflation with oil prices diluting the risks of deflation. The overall weakness of the euro and the improved economic activity of the euro zone are other important factors in diluting the risk of deflation.
Tuesday, November 19, 2019
How its made Essay Example | Topics and Well Written Essays - 1000 words
How its made - Essay Example 23-29, 2005). Sandpaper first came out in the 13th century, invented by the Chinese when strong and tough materials of that age, such as shell pieces, seeds, and sand adhered to parchment rolls through natural gum obtained from the trees. In those days, people also made use of natural rough surfaces such as fish skin with scales to achieve results similar to that of sandpaper. However, the first invention, which looked much more like todayââ¬â¢s sandpaper came out as glass paper, formed through pieces of glass and sand combined together on paper. By 1716, coated paper came forward in Paris, but the original invention of sandpaper goes back into 1834 in United States by Isaac Fischer, Jr., ofà Springfield, Vermont. Its grade further improved when it took over another property of also being waterproof in 1916, changing from sandpaper to Wetrodry, which helped improve the grade quality without acting as a seal upon automotive paint refinishing. The most peculiar use of sandpaper is its application as a musical instrument by Leroy Anderson in his famousà Sandpaper Ballet (Capotosto, pp. 73, 1991). Sandpaper, no matter with its name specifically refers to surface of paper and sand, in reality denies the presence of both the materials, but is completely made of other organic or synthetic minerals and adhesives. There are many materials other than the simple usage of sand and paper, in the development of this multi functioning piece of paper, which give it its unique qualities. Most significantly, the abrading materials, which give it the aggressive wiping ability comes through the combination of many materials. These include flint, garnet (for wood work), emery (substance used for cleaning metal surfaces), aluminum oxide (giving the paper its metal oxide property), silicon carbide (only used in very fine grits),
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