Saturday, August 17, 2019
Classic Drucker Book Report
Classic Drucker Book Report Recently, I had the pleasure of reading ââ¬Å"Classic Druckerâ⬠. The book contains 15 articles from Peter Drucker that were printed in the ââ¬Å"Harvard Business Reviewâ⬠. I chose a few takeaways with an explanation on why I chose them and how they can apply to your career. 1. ââ¬Å"Whenever you make a key decision, write it down. â⬠Next to it, write down what you expect the end result will be. â⬠As you compile these decisions, review each on after an extended period of time.You will be surprised of your results and over time you may get increasingly accurate on your expected results. 2. ââ¬Å"Mathematicians are born, but everyone can learn trigonometry. â⬠Some people are just naturally more intelligent than others but at the same time, we can learn some of the components of what they know, and know those components just as much as they can. 3. ââ¬Å"Manners enable two people to work together whether they like each other or not. â⬠The words ââ¬Å"pleaseâ⬠and ââ¬Å"thanksâ⬠go a long way in the business world. I even go as far as saying thanks when someone gives me a new assignment.At times they seem surprised but to be genuinely appreciative will show commitment to the team. 4. ââ¬Å"Too many people work in ways that are not their ways, and that almost guarantees nonperformanceâ⬠. Your peers may have work habits that are not the same as yours but that doesn't make them non productive. Productivity revolves around results, not one's arrival time, or the fact that a person prefers to wear headphones while they work. 5. ââ¬Å"To be effective in an organization, a person's values must be compatible with the organization's valuesâ⬠.I interpreted this to mean, I am going to be much more successful if my values are aligned with my companies. Doing so will ensure that I am committed and passionate about my work, which has a better chance of leading to success. I wouldn't feel co mfortable working for a company that practiced in lying and cheating to achieve its objectives. 6. ââ¬Å"It is incumbent on the people who work with them (bosses) to observer them, to find out how they work, and to adapt themselves to what makes their bosses more effectiveâ⬠.It has always been a goal of mine to keep all of my work off my bossââ¬â¢s plate, and to take responsibility for everything involving the products that I work on. The entire product might not be my responsibility but the more I can take on, the more my boss can be strategic. 7. ââ¬Å"The theory of business becomes ââ¬Å"culture. â⬠But culture is no substitute for discipline, and the theory of the business is a disciplineâ⬠. A company with a good culture that you are comfortable with might not necessarily relate to results.Culture doesn't necessarily meet deadlines. Tasks and rules seem to have a better chance of meeting guidelines than ââ¬Å"family businessâ⬠. 8. ââ¬Å"All events but the truly unique require a generic solutionâ⬠. I think of how the Product Development Process that has recently been applied to all of the products where I work and how every single one fits in at some phase of that process. The products had a problem being completed. Now we see the end with the implementation of a generic process. 9. Temps are a good way to avoid rules and regulations for employers.A highly trained temp can do the job without the corporate commitment and the need to adhere to hiring/firing HR standards that apply to every day employees. The employees are also easily manageable since many of them are already managed by their agencies. 10. ââ¬Å"Leadership knows something someone else doesn'tâ⬠. This is the most important takeaway for me. Some people think leadership means type-a personality or being stern, but knowledge truly is power. Knowing something someone else doesn't puts you in the front, with an opportunity to teach and display, some functions o f what many people consider leaders.
Friday, August 16, 2019
Is Consumer Society a Divided Society? Essay
A consumer society is a society where people often buy new goods that they do not need (buy goods that are not necessary) and in which places a high value on owning many things (a high value placed on consumption of those goods). This essay will outline how social division is created through consumption and the consequences of consuming. It will first outline what Zygmunt Bauman calls the seduced and the repressed and how people are divided in our society based on these terms. It will then show evidence to support these claims by looking at the study of retail parks by Peter Jackson. Finally this essay will outline the two big supermarket (two different market) powers, namely, the zero-sum power and the positive-sum power and give evidence to support this by outlining the big supermarkets such as Tesco being the main one and how these two powers being looked at by showing two sides of an argument. (use the evidence gathered on big chain supermarket Tesco in the UK to support these tw o oppositional concepts by looking at the both sides of the argument) Not everyone is able to consume equally, firstly we will look at the seduced and the repressed. They are two divided (divisions in a) consumer society. According to a social scientist Zygmunt Bauman (1988), people in contemporary western society can be broadly divided into two groups. The seduced what Bauman calls, are the people who can afford to consume to a greater degree than others. An example of the seduced are the people who have a secure job with a really good income, them having to consume greater than others gives them a social membership with a positive identity. However the seduced not only include with (with not needed) people who have enough money to buy goods and services, but also the ones who are seen by the consumer society as valued members, both by other consumers and by those who have something to sell to a lucrative market. They are the employed, older people with good pensions and savings, those who are able to achieve their aspiration such as talent, good looks, or a particular skill that is valued and financially rewarded within the society. So in Bauman term the seduced are also those who are in a position to be admitted to a membership in a society because in the eyes of others they are able to consume affectively. This also creates pressure to conform because not doing so could easily lead to a social exclusion and a devalued identity. (not using your own words, too much direct quoting) Examples of the repressed are in Bauman terms, the repressed are the ones who are excluded from this consumer society or who are pushed to its margins. They are the unemployed, low paid, insecure or temporary working, recently arrived migrants or those often who are not in a position to participate to (in) the consumer society. Clearly this shows that income has a lot to do with these divisions and shows that whether a person belongs to one of the categories of the seduced or the repressed. (Hetherington, 2009, p. 25) In evidence to Baumanââ¬â¢s argument is an example of Peter Jackson, a geographer who has carried out a study of retail parks in the mid 1990ââ¬â¢s in north London to try to offer an explanation of why these sites were becoming popular, he and his team of researchers asked customers why do they like shopping in these type of sites, (new sentence?) what they found in their studies, are that customers who shop in malls is because not only do (do this not only because) these shopping malls provide a vast range of goods but also the positive view of them being safe, it is convenient for them and a modern place to go shopping with their families. As the streets were seen as a place of crime, disorder and unclean, the view of the street did not look as welcoming and safe like the shopping mall did. The risks seen in this are the social exclusion. The ones who are poor and old may find themselves excluded because they have difficulty to shop there as they do not have access to a car to get to these sites because these sites are miles away or the money they can spend when they get there. Likewise the success of these sites has an effect on the other fewer sites that provide cheap consumer goods. Then these shops cannot compete with the large retail parks so they go out of business. By looking at his studies it shows (one sees) the effect of consumption and the division that is created (in a society through inclusion and exclusion). We, as consumers, divide ourselves from the society, sometimes without even realizing it and what leads us to these divisions are the large supermarkets. Large Supermarkets play a big role in dividing the society we live in. There are two sides of an argument of how large supermarkets are (described?) in terms of power (what supermarkets do or can do with their power). They are (There are or There can be either a) the zero-sum power and (or) the positive-sum power. An example of zero-sum power is thinking of it as a game where there are only losers and winners or where one gains and the other loses. What supermarkets have been doing is that they provide cheap goods for the consumers and a lot of choices therefore making the small businesses looked at (seen), as losers in zero-sum power term and the large supermarkets (seen) as winners due to the fact that most of the money has gone to them because we as the consumers are lead (led or attracted) there by the (the not needed) cheap goods and a lot of amount of choices they provide us (provide us with or provide for us). So the result are small Independent stores are been put out of business. But the pro-supermarkets lobby donââ¬â¢t (does not) see it as that, they see it as a positive-sum power where there are only winners and no losers the best way to describe this is where all parties benefit to some extent for instance by having a large supermarkets gives the consumer a lot of choices so donââ¬â¢t have to waste their time looking for what they need elsewhere and also they provide a lot of job opportunities for the local un employed (Allen, 2009, p. 66) Tesco being in the lead since 1995, it has slowly increased its market share to around one-third of all groceries shops in the UK. As for Sainsburyââ¬â¢s local or Tesco Express, small independent stores find it difficult to compete. Due to the dominance of the big supermarkets small independent stores are been (being) put out of business or to put it in a social science term: a zero-sum power is being used. The end result is the high street stripped of diversity and life as the big four limit the possible range and type of shops available. The Federation of small businesses points out that, since 2000, some 7000 local grocery stores have been lost, with independents closing at the rate of 2000 a year, whereas, over the same period, Tesco, Sainsburyââ¬â¢s, Asda and Morrisons have doubled the number of stores that they operate (Federation of small businesses, 2006). The anti-supermarkets campaigners they (they not needed) argue that this retail power to consume their (is what gives consumers a) little choice over where people (they) can shop, or only choice the shoppers have are Tesco or Asda, Sainsburyââ¬â¢s or Morrisons (Allen, 2009 p. 72) But big supermarkets see it as a positive-sum power they donââ¬â¢t (try to use full form i.e. do not) just offer a lot of job opportunities for the local unemployed but also work for places like Bangladesh. Since the mid 1990ââ¬â¢s, the garment industry in Bangladesh has grown rapidly, with some 2.5 million people working in the thousands of factories. These factories represent a path out of poverty and according to Martin Wolf (2004), an economic journalist on the financial times (Financial Times), the last thing a country like this would want is for the big retailers to stop sourcing their labour from them. (Allen, 2009 p. 91) This essay has outlined how division is created through consumption and looked at two sides of the argument. It first described the two division used by Bauman the repressed and the seduced then provided Peter Jacksonââ¬â¢s study of the retail park as evidence. Then finally this essay outlined the powers of the supermarkets the zero-sum power and the positive sum power then in evidence showed two sides of an argument of how the big four supermarkets are looked at (use their power). So overall the way people consume and how big retailers influence consumers in terms of power divides our society. (a bit too short?)
Thursday, August 15, 2019
Riordan Manufacturing Recommendations
History of Riordan Manufacturing Riordan Manufacturer is a global producer of plastics. They operate in four locations, three in the United States and one plant in the Peopleââ¬â¢s Republic of China. Riordanââ¬â¢s United Statesââ¬â¢ plastic products include beverage containers produced in Atlanta, Georgia and custom plastic parts in Pontiac, Michigan. The Hangzhou, China plant produces plastic fan parts and corporate headquarters is in San Jose, California, (Apollo Group, 2006).Riordan Manufacturing is looking to update their Sales and Marketing Department with the newest and latest software recommendations. The following is a summary of the history, current set up of the department and a recommendation of the upgrade. Riordan is attempting to consolidate customer information to deliver more to the customer. Riordan Manufacturing has a combined sales and marketing system, which include many databases, paper files, and microfiche. The sales and marketing systems are obsolete based on todayââ¬â¢s standards of integrated information management.The information available to consolidate into a CRM includes Sales history; Previous marketing research files, marketing plans, and design awards; Sales records; Production files; Statements of profit and loss by item and group; Marketing budget, activities in marketing communications and expenditures marketing research. Marketing Research, Marketing Plans, and Design Awards The marketing department wants to build a database of past knowledge. Plans and results from past research studies stored in the marketing department.In the lobby, a showcase displaying the various design awards earned by the marketing department. The company is looking at the possibility to hire a student part-time to scan the documents. The Riordan has 20 major customers, including government contracts, and 12 minor customers. Using a variety of tools, each member of the sales team maintains customer records. The various types of record kee ping is paper and pencil, Act software, a hybrid. The firm is evaluating a new integrated CSM system to help the new selling team that will soon be in operation.The goal for the marketing budget is to reach the $50 million revenue mark. This is a collaboration effort by Dr. Riordan and the executive team, which incorporates input of line managers closest to the day-to-day operations. The two objectives that Riordan hoped to achieved is increasing sales force promotions to increase sales to existing customers, price discounts, and customer user group services and, implementing public relations, trade shows, brand development, and sales force promotions to expand sales to new customers. Recommendations for Sales and MarketingIt is recommended that Riordan update or upgrade the current system to a more user friendly, up-to-date, and efficient system that will allow an effective process of keeping historical, sales and marketing records for future planning. To assist the Marketing and S ales departments in keeping up with the daily intake of information a list of the following software could be implemented: * Oracle ââ¬â Sells applications that leverage Oracle's database technology to provide CRM systems * SAP ââ¬â CRM application part of SAP Business Suite * Microsoft ââ¬â Microsoft Dynamics CRM.A modular system, which can purchase different components based on specific needs. Expands into an Enterprise Resource Planning (ERP) system (Microsoft, 2010). * Sage ââ¬â SalesLogix CRM done by a popular accounting systems producer (Sage, 2010). * SalesForce CRM ââ¬â A software as a service/Cloud computing-based system. (Apollo Group, 2003, 2004, 2006) Human Resources Information SystemsRiordanââ¬â¢s HRIS system was set up in 1992, part of the financial systems that keep track of employee information, rate of pay, exemptions, date of hire, seniority based on date of hire, which is difficult and different than the hire date, managerââ¬â¢s name, de partment information, and non-exempt vacation time. Managers submit a form for changes to the employee information and then entered by the payroll clerk into the system. Microsoft Excel is used to keep records on training and development. Recruiters maintain information for each open position within Riordan.All resumes are filed in a central location and Excel is used to track application status. A third-party manages the Workerââ¬â¢s compensation and keeps records at that location, not Riordan. Each manager keeps employee information for that department, which there is no central location for keeping these files. Managers are responsible for tracking all FMLA absences and any ADA recommendations. Excel spreadsheets are used for the compensation manager for job analyses, surveys on salary and compensation decisions on individuals.Specialists in the employee relation department keep track of complaints, harassment complaints, grievances, and all other employee relation information and, are then filed and locked in the employee relation department. Recommendations for Human Resources Information Systems Riordan has a diverse set of needs spread over four locations, one of which is an international factory that is located in China. This will require the HCM software to be flexible to handle different culture and regulatory environments.Also the system will have to be able to capture information form a diverse set of archival media. This is not limited to digital information but vast amounts of paper files will need to be integrated into the system. System that are complex will have specialized technical skills to deploy, customize, and maintain its operations. As well as experts to provide training for our personal. Ultimately careful consideration must be given to the existing processes and the final results of the project.Because HCRM service are going to be provided company wide careful consideration as to the capabilities of the program to adapt to differe nt culture mores and holidays is a must Also, the services that are provided to employees need to be available in the local languages of the countries that they reside. To accomplish this provider of the software must be fluent in both countries of operation. They should also have an established presence in both countries to provide service in and by local professionals.Riordan has a long history of data for its operations many of the records are stored in paper files and legacy office products that are rapidly nearing their production life. As such in order to pull historical data for strategic planning the system will need to collect data form a wide range of active and archival sources. Providers who have a long history will often have experience with these both with their own products and that of their competitors. As a manufacturing company of plastic parts and bottles there is a fair chance that the company will not have the skills required for such an undertaking.So the provi der must be established in the market to have spawned a large pool of expert professionals that have used its solution. This will help in negotiating service and training contracts. Therefore, we recommend that we open negotiations with a few of the larger information technologies companies that provide these services. To that end we would suggest IBM as a well known systems integrator with extensive Business Intensiveness Product lines with offices in both countries (IBM, 2010). Second, is SAP this company has a well known product line and is also an international company (SAP, 2010).Others that may be of interest are Oracle and Microsoft. Research and Development Riordan manufacturing research and development department tests new products, evaluates new chemicals, polymers, and dyes used in the manufacturing process. The research and development is currently working on the production of a pyramid bottle project and a CardiCare Valve proof-of-concept. Only a small amount of raw mat erials and components needed to build proof-of-concept models with new product development.Because the research and development department deals with small amounts of raw materials orders are shipped by truck and received at the main entrance. Logistics The operations and logistics systems at Riordan is a company quickly moving from a small research company working in polymers to a company that manufactures and distributes polymer products nationally and internationally. Whereas Riordanââ¬â¢s past operations and logistics systems have served them in the past, there is evidence that it is time to upgrades these systems.The current procedures for inventory operations consist of raw materials received by the area supervisor, physically comparing shipping documents to a scheduled orders receiving report, unloading the material, handing the log to the receiving clerk. The inventory clerk must manually enter the information to the system. During the manufacturing process, the inventory clerk enters the information of raw materials into the system to track the inventory. Recommendations for Operations and Logistics A recommendation that Riordan could implement in to their operations and logistic system would be from Operations Concepts, Inc.The Warehouse Management System/Transportation Management System. Logistics System provides an assessment of detailed logistics operations, study of logistic processes, detailed functional specification development, solicit system vendors, system demonstration, proposal, and presentation reviews. OCI also assists in vendor selection, exporting and clean up of data, development of host interface, configuration and detailed design rules application, project management software, and training and post Go-Live support.OCI assists with a detailed review of operations, activities, processes, data coverage of various functional areas including inspection, receiving, put away, picking, replenishment, shipping, transfers, and inventory m anagement. OCI Project Management Services support clients in implementing and improving changes in environmental workplace. OCI professional handle various environments within a workplace such as union, non-union, government, military, regulated industries, and bioscience industries.The operation and logistics systems at Riordan must be upgraded to ensure consistent customer service across all manufacturing plants in the United States and China. A review of the existing operation and logistic system currently deployed at Riordan require a software system and vendor that will automate most of the current processes and provide expertise. By implementing the recommended operation and logistic system, Riordan will be able to meet its customerââ¬â¢s expectations, delivery, and time schedules. Riordan Legal IssuesThe potential legal issues that Riordan Manufacturing management needs to be aware of are the implications on design, manufacturing, the supply chain, and distribution of the ir product. Another potential legal issue that Riordan Manufacturing needs to be aware of is ethical issues in the workplace. Riordan Manufacturing is a global business its management needs to consider the wide ranges of issues, including acceptable working conditions, minimum wage levels, product safety issues, and environmental protection.Riordan Manufacturing should consider developing a legal strategies plan, which is a fundamental part of a business formation and strategic operation (Nickels W. G. , McHugh J. M. , McHugh, S. M. , 2005). Incorporating legal planning into the business planning process would allow them to plan strategies for operations to minimize risks arising from legal and regulatory sources (Nickels W. G. , McHugh J. M. , McHugh, S. M. , 2005). Ultimately, the additional planning would protect their organization better.Potential legal issues for Riordan Manufacturing can include a multiple of subjects because of Riordan's position as a manufacturer and researc h and developer of plastics with sites in various states as well as China. These issues can cover the basic areas like wrongful lawsuits, to tax laws as well and human resources issues. However, other areas not normally thought of require looking at and this is why the Riordan legal team needs to be vigilant in keeping up-to-date in a multiple of areas. One of the major areas of legal issues that Riordan must invest in is that of patents.Patenting Riordan's property is imperative because not only does it protect Riordan's property ââ¬Å"from making, using, selling or even importing an invention for a period of 20 years from the filing date of the first patent applicationâ⬠(Gilcrest, 2008, Patent Strategies in Times of Economic Downturn, para. 3 ), but it protects income that can be made by license income royalties. However, the process of patenting an innovation of Riordan can be time-consuming as well as costly, and with this, Riordan's legal team needs to be well up-to-date in patent laws.With a manufacturer partner in China and items sold in both countries, it will be important for the legal team to be up-to-date in the patent laws in both countries. Another area that Riordan's legal team must be up-to-date is that of the changing laws throughout the country and the individual states. California for instance is introducing a new bill that would ban non-compostable and non-recyclable food service packaging; this includes plastic containers for beverages. Riordan's legal team needs to be aware of the changing laws in any state and country Riordan is to do business in and make sure the companyââ¬â¢s products ill continue to be compliant. Recommendations for Riordan Legal Issues Riordan Manufacturingââ¬â¢s legal matters are the responsibility of Lowell Bradford, Chief Legal Counsel. Mr. Bradford uses his knowledge and experience, or the advice from attorneys at Litteral and Finkel to answer legal questions from department heads. The law firm of Lit teral and Finkel is on a monthly retainer to ensure prompt responses to legal questions. Each month, Riordan pays legal fees and excess charges against the retainer fee.Litteral and Finkel have an international network of offices providing legal services in all areas of the law for Riordan. Aquiring offices internationally, they can provide immediate legal services anywhere in the world. Riordan Board of Directors is responsible for governing and managing the business affairs of Riordan for the benefit of its shareholders. Board members must be knowledgeable about the industry, have financial experience, be available to participate, and be able to serve at the level of a Board member of Riordan.The Board is responsible for selecting new members recommended by the Nomination Committee. The Chief Executive Officer (CEO) and the Chairman of the Board go through an election process by the Board. Riordan's operations and size determines the membership of the Board. Board performance is d etermined by using a self-assessment with the assistance of the Nominating Committee. The Nominating Committee an auditing committee presents performance and effectiveness of the Board activities. A Board member may resign or be removed when there is a conflict of interest.Based on the best interest of the company, the Board may accept or reject the resignation request. Board members must attend at least three quarters of annual Board meetings and should report their absences to the Board Secretary. The Chairman of the Board establishes the agenda based on the requests of other Board members or the CEO. The board secretary will distribute agenda items, reports, presentation, and information three days before the Board meeting. The Board is required to have a minimum three committees for the life of the Company. The committees are Executive, Auditing, and Nominating.The Board can create new committees and select committee members based on the recommendation of the Chairman of the Boa rd and with the approval of the Board. The frequency of committee meetings, duration, and agenda will be the responsibility of the Committee Chairman. The Board is responsible for operations and financial activities. Riordan Board of Directors designates the authority to operate the company through its designated senior managers. If it is in the best interest of the Company and its shareholders, the Board has the right to remove senior management (Riordan Mfg.Legal ââ¬â Overview, 2003, 2004, 2006). References Apollo Group, I, (2003, 2004, 2006).University of Phoenix Business Material. Retrieved April 5, 2010, from Riordan Manufacturing: https://ecampus. phoenix. edu/secure/aapd/cist/vop/Business/Riordan/RioMfgHome002. htm University of Phoenix. (2010). Riordan Manufacturing Inc. [Computer Software]. Retrieved from University of Phoenix, Simulation, BSA502 website. SAP (2010) SAP Worldwide Sites.Retrieved May 11, 2010 from http://www. sap. com/contactsap/countries/index. px IBM ( 2010)New Intelligence, Why data mattersââ¬âand what you can do with it Retrieved Ma7 11, 2010 from: http://www. ibm. com/smarterplanet/us/en/business_analytics/ideas/index. html? sa_campaign=message/leaf1/corp/smarterplanet/intelligence Apollo Group, . (2008).
Crossing Brooklyn Ferry Essay
Ferry is considered one of the greatest lyrical poems of all time. In Crossing Brooklyn Ferry, Walt Whitman uses connotative diction, prying questions, and critical reader engagement to convey a feeling of connection and unity of people through time. By using these certain rhetoric strategies, Whitman creates a piece of poetry that seems to be timeless. Whitman carefully chooses certain words and phrases that really highlight his intentions to connect himself and others readers throughout time. In part 2 of the poem, Walt chooses the words ââ¬Å"simpleâ⬠and ââ¬Å"compactâ⬠to describe a ââ¬Å"schemeâ⬠in which we are all ââ¬Å"disintegratedâ⬠. These words, precise and carefully chosen, attribute to the great lyricism of the poem. A scheme that is simple is a scheme that we can all live by. And a compact, simple scheme connotes togetherness. Whitman continues to say weââ¬â¢re all disintegrated, but part of the scheme. Being disintegrated could also means we are all little pieces of the same body, or scheme Another simple rhetoric strategy imposed by Whitman to convey a sense of unity between he and the reader is reader engagement. Whitman involves and engages the ready by asking the reader questions, and relating to the reader. By effectively asking questions, Whitman suggest to readers from past and future times that maybe there is not much that separates them. ââ¬Å"What is it then between us? What is the count of scores or hundreds of years between us? The use of these rhetoric strategies are just a few the devices that makes Walt Whitmanââ¬â¢s ââ¬Å"Crossing the Brooklyn Ferryâ⬠a timeless masterpiece.
Wednesday, August 14, 2019
Check List for Project Finance Essay Example for Free
Check List for Project Finance Essay 1. Brief description of every project sponsor: company history, establishment date, legal form, ownership, subsidiaries, core activities. Data on sponsorââ¬â¢s experience in the host country and in the projectââ¬â¢s industry. Explanation of how the project relates to the sponsorââ¬â¢s strategic direction/goals. 2. Annual reports of the past three years for every project sponsor. Additional requirements in the case of project finance for activities in existing plants: detailed structured data for the past three years and budgets for the next five years on revenues (including a breakdown of export versus domestic foreign currency revenues if any, for countries with non-convertible currency; revenue mix by customer, country, and product) and expenses (in detail; in the case of non-convertible currencies, these need to be grouped separately). 3. Summary of the project concerned, including name, location, purpose, organisational form, ownership, equity, security structure, status of licenses/approvals, local partners, marketing and distribution, financing. 4. Brief characterisation of the role of the host country. For projects with currencies that are not completely freely convertible: description of the measures to avoid convertibility and transfer risk (including escrow accounts). 5. Schematic representation of the contract structure and the significant existing or intended contractual relationships and security. 6.List of references of the general contractor and/or most important suppliers as far as known; list of references of comparable projects to document the proven technological feasibility and the experience in the sector and host country. 7.Information on operator/management company: Company history, ownership, core activities, list of references, documentation of relevant experience in industry and host country. 8.Independent feasibility study reporting on the projectââ¬â¢s economic and financial viability and political and environmental acceptability. Information on the level of expertise of the advisers/experts used in terms of subject area and geographic region, as it relates to the project (list of references). 9.The following information, if not already included in the feasibility study: a) Technical description, flow sheet, layout b) Detailed derivation of estimated operating costs (price and quantity details) c)Procurement situation for raw materials and supplies, including corresponding contract documents d) Description of the management, training of staff, staff costs and qualifications e) Environmental aspects, environmental impact assessment report, required environmental approvals and environmental measures, general description of location and emphasis on its specific relevant features, socio-economic and socio-cultural aspects. Also see our detailed requirements for the environmental review. f) Discussion of the amounts and appropriateness of the investment value and the risks regarding time and cost overruns. g) Timetable for construction and commissioning, milestones h) Market information on the projectââ¬â¢s products/services, including the price and volume trends for the past 5 to 10 years; competitive situation, current and future supply and demand situation; forecast, identification and geographic location of main customers; marketing and logistics strategy; description of the planned marketing activities and off-take agreements (e.g. take-or-pay agreements) i) Detailed project costs, broken down by main categories of the key construction and commissioning cost items, interest over construction period, financing of working capital j) Projected procurement of funds, including source, amount, currency, time of input k) Cash flow projection over the repayment term of the requested export-credit-insured loan (including sensitivity analysis: a realistic base scenario, an optimistic and a pessimistic scenario), explanation of how any cash deficits will be covered l) Derivation and assumptions of the cash flow projection, including basis for sales quantity and prices, operating and administrative expenses, depreciation, amortization and impairment losses, taxes, inflation, exchange rate movements, export licenses, influence of local government. Check List for Project Finance. (2016, Oct 02).
Tuesday, August 13, 2019
Response 29 Essay Example | Topics and Well Written Essays - 250 words
Response 29 - Essay Example This was a fascinating yet a weird thought since, ââ¬Å"how would that relate to the childââ¬â¢s emotional and intellectual development?â⬠(Cranny-Francis 163). I have a penchant for kids, and still also cultivating my pathway to be a school psychologist, which makes me cringe at the thought of such an idea since it sparks disillusioned outcomes of the development of technology. This is because babies require the motherly tender touch for them to develop a streak for social interrelations as well as other essential behavioral traits. The upsurge of such a technological set-up would be tantamount to prioritizing technology than the relations with our close people such as family, friends and acquaintances. Nonetheless, the article, ââ¬Å"Enhancement Technologies and the Body,â⬠by Hogle cites some affirmative prospects about the technological enhancement of body parts. The article asks, ââ¬Å"What might enhancement mean in a poor society where an artificial limb specially designed for working in rice fields or a bicycle designed to provide mobility means the difference in a personââ¬â¢s ability to make a living?â⬠(Hogle 701). The example of technological development given is an archetype of the obscurity about the outcomes of the steady progress of
Monday, August 12, 2019
Summary for chapters 3,4,5 from (The Economics of women,men,and work) Assignment
Summary for chapters 3,4,5 from (The Economics of women,men,and work) - Assignment Example In this book, Chapter Three is all about family as an economic unit where the lesson tries to throw light on the changes that occurs after the marriage in the coupleââ¬â¢s life and the changing family structure. The chapter tries to focus on the implications that these changes have on the market outcomes and new data on the allocation on the housework between the men and the women. The family is such a unit where the adult members are held responsible to make informed as well as rational decisions which will help to maximize the well being of the family. It has been frequently the case that women are more productive than men in home and men are more productive in the market. The main reason behind this is that both men and women are traditionally raised with different expectations. Moreover both the sex receives different education and training. It has also been found that women are basically discriminated in the labor market and it is because of this discrimination that the marke t earnings of the women are lowered as compared to men. The chapter tries to explain the importance of both spouses being employed in the family. If one of the spouses becomes unemployed then the earning of the other would be beneficial in these regards to cover at least the household expenses. After the marriage the complete picture changes and the change is found in the lives of the coupled family. The most affected factor is the income of the family. There is increase in the expenses of the family and men are held responsible for it. Employed women show less interest in the household work and are also characterized to be more educated then men. Allocation of time among the households and the labor market hold optimum importance in Chapter Four. In this chapter, the author tries to thoroughly review the trends in the labor supply of women and men to the market. The lesson wants to focus on the participation of
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