Friday, September 6, 2019

Measuring the acceleration due to gravity in the lab Essay Example for Free

Measuring the acceleration due to gravity in the lab Essay The distance between the ceiling and the floor (h) was measured. A rubber was then dropped from the ceiling and the time taken for it to hit the ground was recorded. Results Attempt Time Taken (sec) 1 0. 47 2 0. 45 3 0. 71 4 0. 55 5 0. 5 6 0. 71 7 0. 4 8 0. 46 9 0. 58 10 0. 56 Average Time = Sum of all times Number of Times = (0. 47+0. 45+0. 71+0. 55+0. 5+0. 71+0. 4+0. 46+0. 58+0. 56) 10 = 5. 85 10 = 0. 59 sec (to 2 dp) H = height of the drop T = time taken Acceleration due to gravity = 2H T2 =2(2. 59) 0. 592 = 5. 18 0. 3481 = 14. 88 m/s2 (to 2 dp) Evaluation The results circled in the table are anomalous. There was a wide range of results, from 0. 4 to 0. 71. This spread of results indicates that the data may be inaccurate. Although the experiment was repeated nine times, different results were found at nearly every attempt. This could be due to the timing methods used. A stop clock held by a person was used to measure the time the rubber took to hit the ground. As a humans reaction times are not perfect, the button could have been pressed long after the rubber had touched the ground. Also, the timekeeper could have pressed the button too early; at the time he expected the rubber to fall in order to try and get a more accurate time. As the area used was not a vacuum, air resistance would have affected the results. The shape of the rubber dropped was a pyramid, so air resistance would be different dependant on the side upon which it was dropped. These reasons explain why some of the results were anomalous. I do not believe that the procedure was accurate enough to measure the acceleration due to gravity in the lab. The timing apparatus was too imprecise and the air resistance due to the lack of a vacuum meant that the data was not as exact as was needed. A more suitable set of timing equipment would have been to replace the stop clock with a light-gate and data-logger. A light gate would be positioned at the top of the drop, with one at the bottom. The computer would then calculate the time taken much more accurately. The air resistance could not be helped, as a vacuum would be highly impractical and unnecessary for our purposes. However, if it were possible, the experiment should have been performed in a complete vacuum. If a perfectly spherical object were used then the air resistance wouldnt be different no matter how it was dropped. The experiment should be repeated in exactly the same fashion as before, but with the changes outlined above implemented. This would give more accurate results. It should then be repeated in the same way as this, but with a denser object of the same dimensions. This would show that the acceleration was due to gravity and not the mass of the object. One more experiment should be undertaken with the same stipulations but an increased dropping height. This would show that the acceleration is the same no matter how high the object is dropped from.

Thursday, September 5, 2019

Effects of Shared ATM Networks on Efficiency -Turkish Banks

Effects of Shared ATM Networks on Efficiency -Turkish Banks The effects of shared ATM networks on the efficiency of Turkish banks H. Evren Damar This study investigates whether forming shared ATM networks has yielded positive benefits for banks in Turkey by increasing their productive efficiency. The performance of the banking sectors of developing countries has recently become a topic of interest in the literature. Most of this attention has been focused on the impact of financial liberalization on the performance efficiency of banks in a variety of countries. An aspect of financial liberalization that has not been addressed in this literature is the impact of new technology adoption and sharing that usually accompanies the liberalization and opening up of the banking sector. The usage of technologies such as Automated Teller Machines (ATMs) in developing countries has increased significantly during the past 15 years or so. Although the theory behind the benefits associated with the adoption and sharing of such technologies is well-understood, empirical studies that look at the actual realization of these benefits are relatively few. The goals of this study are to investigate whether ATM sharing has benefited Turkish banks by increasing their productive efficiency and to contribute to the literature on bank efficiency in developing countries through focusing on aspects of bank behaviour that have yet to be fully examined. The ideas behind ATM sharing and its benefits are based on the development of shared ATM networks in the USA during the 1970s and 1980s. In broad terms, there are two opposing effects associated with shared ATM networks. The benefits of ATM sharing are called ‘network’ and ‘economies of scale’ effects (Prager, 1999). Network effects suggest that the value customers attach to ATM services offered by a bank goes up as the size of the ATM network increases. In other words, the addition of a new bank or a new ATM to the network increases the attractiveness of all banks within the network to their customers. This is an important issue because it allows for banks to capture more business without having to increase the size of their branch or ATM networks. For example Vesala (2000) finds that after the start of ATM sharing in Western Europe, banks have opened fewer new branches and deployed fewer new ATMs. Economies of scale imply that the cost per transaction at an ATM declines as the number of transactions increases. Each ATM location has a variable cost and a fixed cost associated with it. Although variable costs (film, paper, etc.) are directly proportional to the number of transactions conducted at the particular ATM, fixed costs (such as the cost of purchasing or leasing the ATMs) decline as the number transactions increase (Saloner and Shepard, 1995). Therefore, by increasing the number of transactions, a shared ATM network can turn an unprofitable ATM into a profitable one. On the other hand, the presence of shared-ATM networks has also been shown to have negative effects on participating banks. These effects arise because ATM sharing reduces the level of product differentiation between banks and allows depositors to switch banks without incurring high costs. In their study of ATM network compatibility, Matutes and Padilla (1994) refer to this as the ‘substitution effect’ and show that its presence can be an impediment to achieving full ATM compatibility within the banking sector. In simple terms, whether a bank can benefit from a shared-ATM network will depend on which one of the effects described above dominates. If the network and economies of scale effects dominate, then the bank will be able to offer a more convenient product, collect more deposits and potentially increase profits. On the other hand, if the substitution effect dominates, then ATM sharing may result in a loss of depositors and profits. This problem can easily be framed within the concept of productive efficiency of banks. If ATMs are considered an input in the ‘production’ of deposits, then the presence of any benefits from ATM sharing would be reflected in the efficiency scores of banks. If indeed the network and economies of scale effects dominate, then banks that are engaged in ATM sharing will have relatively higher efficiency scores. On the other hand, if the substitution effect dominates, this would result in lower productive efficiency. Evolution of shared ATM networks in Turkey Similar to other developing countries, ATM technology was introduced in Turkey during the late 1980s. As the level of competition in the banking sector increased in the 1990s, there was a widespread increase in ATM usage. By 1995, there were 5000 ATM locations in Turkey and this number doubled by the end of 1999 (Isik and Hassan, 2002). By this date 27 out of 62 deposit collecting institutions had adopted ATM technology and another seven had issued ATM cards to their customers, although these banks themselves did not own or operate their own ATMs. The first shared ATM network in Turkey (referred to as the ‘Pamukbank-YKB Network’) was formed in 1993, and was soon followed by a shared ATM arrangement between four banks, named ‘Golden Points’. Unlike the USA, shared ATM networks in Turkey did not start as regional networks between local competitors. Since Turkey is significantly smaller than the USA, most banks operate in all major cities and some rural provinces. Therefore, the Turkish shared ATM networks started from a ‘national’ and not a ‘regional’ network stage. By 1999, ATM sharing had become a widespread phenomenon, with three more banks joining the Golden Points network and 16 smaller banks forming another network in 1998, named ‘Common Points.’ However, three of the five biggest banks in Turkey continued to operate proprietary networks. Variables: ATM transactions Total deposits Total loans Fees and commissions no. of ATMs no. of shared NW ATMs no. of branches no. of employees Interest on deposit Operating expenses Conclusion (READ IT AGAIN) This study has looked at the evolution of shared ATM networks in Turkey and has attempted to see whether banks have been able to realize net positive network and scale effects through ATM sharing. The main finding of this study is that participation in shared ATM networks has failed to increase the efficiency of small and medium size banks. The fact that most of these banks tend to share their ATMs with each other (and not with big banks) can be an important factor in their relatively lower efficiency scores. The lack of significant positive benefits for many medium and small banks fits the conclusions reached by Matutes and Padilla (1994). Their results suggest that ATM compatibility is easier and more effective if shared-ATM networks are formed by banks that operate in separate locations because of regulatory reasons or due to geographical factors. On the other hand if banks that compete for deposits within a market decide to share their ATMs, this may decrease the level of product differentiation between these banks, causing the sharing arrangement to become costly and ineffective. Similarly, Holden and El-Bannany’s (2004) conclusion that there was no relationship between ATM sharing and bank profitability in the UK may be due to the fact that banks in their sample are not differentiated according to size and geographic concentration. The findings of this study also support Carbo et al. (2003), who argue that technology adoption and sharing do not always yield cost savings for small banks. The results discussed above take this finding one step further by arguing that such technology adoption by small banks can turn into costly idle capacity. For the case of Turkey, there is ample evidence of such idle capacity. For example, Table 5 shows that many medium size banks exhibit DRS. It is likely that some of this excess capacity is caused by ATMs that are deployed in urban areas, but infrequently used by depositors. A similar observation has been made by the Banks Association of Turkey, which has concluded that ‘some ATMs operated by banks are located too close to each other and this is a waste of resources.’ They suggested that banks should try ‘to increase the sharing of existing ATMs before deploying new ones’. One possible solution to this problem of low efficiency among small and medium banks would be for these banks to form sharing arrangements with bigger banks. This would allow them to truly expand the services they can offer and gain an advantage over their competitors. Recently, strides have been made towards such arrangements, with one small and one medium bank from the Common Points network signing an ATM sharing agreement with the Pamukbank-YKB network in early 2003. However, it is also possible that big banks would not be eager to allow smaller banks to join their shared ATM networks, as this would make it harder for bigger banks to differentiate themselves. Similar worries have been echoed by big banks in Turkey, who have stated that ‘the possible effect of increased sharing on the banks with extensive branch and ATM networks is an important issue’. Another possibility has been put forward by Carbo et al. (2003), who argue that the lack of uniform benefits from technology-sharing arrangements should promote consolidation in the banking sector. In the context of the Turkish banking sector, the consolidation argument would suggest that the large number of small and medium banks that offer similar products can be consolidated into a few big banks that would be able to offer differentiated products and compete with other banks. One of the consequences of the 1999–2001 banking crisis in Turkey has been a government-encouraged wave of consolidation, the efficiency impact of which remains to be seen. Other than being the first study to look at the effects of ATM sharing on productive efficiency, the period covered in the analysis is also significant. The period 2000–2003 corresponds to one of the worst banking crises in Turkish history and the beginning of the best planned and executed rehabilitation program of the banking sector. Although the number of branches and depository institutions decreased significantly between 2000– 2003, the growth rate of ATMs has remained high and positive. This may suggest that banks and regulatory authorities do not consider the build-up of ATMs as a serious overcapacity issue. This study, however, makes a point of caution that more ATM sharing does not automatically mean efficiency gains for banks. On the contrary, an increase in ATM sharing solely within the urban markets will be likely to increase the costs of banks without generating any additional benefits to their customers. Although ATMs are still significantly cheaper than branches, operating and sharing unproductive ATMs can possibly contribute to another build-up of overcapacity. The only two options for preventing this potential problem are either further consolidation of the banking sector or a carefully planned restructuring of the existing sharing arrangements.

Wednesday, September 4, 2019

Clinical Computer Standards of Student Restorative Clinic

Clinical Computer Standards of Student Restorative Clinic Audit to assess the clinical computer standards of the student restorative clinic in the University of Manchester dental hospital Introduction: The use of computers in clinics is a useful tool for clinicians, however it can create challenges for their users with regards to cross infection control and patient data protection. The GDC (General Dental Council) and CMFT (Central Manchester Foundation Trust) have set standards for cross infection control and handling patient data. These standards were used to assess the clinical computer use on the ground floor restorative clinic in the University of Manchester dental hospital. Method: Clinical computers were assessed and data collected over the period of two weeks on Mondays, Wednesdays and Fridays. The computers were assessed using a data collection sheet. Results were compiled and analysed. Results: 89% of computers met the standards for data protection, 57% of the computers met the standards for cross infection control. Conclusion: The results show that standards for cross infection control for the computers on the clinic were particularly poor. They also showed that standards for data protection are not being met by some users of computers in the clinic. Action plan: Students and staff on the student restorative clinic should be made aware of results and recommendations should be implemented. A repeat audit should be undertaken in 12 months to monitor any improvement. Background The use of clinical computers in the dental hospital has a significant role in patient care. With the introduction of software to handle patient notes being introduced in September 2014 this is even more relevant than ever before. Now that students use the computers to record all their clinical notes, there is a larger amount of patient data being stored on them and the computers are being used much more frequently. Whilst the use of computers for clinical purposes can be a useful tool for clinicians, it also poses new challenges to those using them. Personal information of patients should be protected at all times and this means storing records securely where they will not be seen by other patients, unauthorised healthcare staff or members of the public (GDC, 2005) . Appropriate cross infection control should also be maintained when using computers on clinic. Cross infection control precautions are necessary to ensure the safety of patients and healthcare personnel (NHS, 2010). Therefore staff and students need to be aware of the proper procedures to follow when using the computers as part of their clinical practices. The clinical computers on the ground floor restorative clinics are situated within the clinical bays and are accessible to students and staff during and after treatment. Access to these computers is restricted through a password log-in providing they have been logged out of. Many of these computers have patient data freely accessible once the computers have been logged into. Currently there is no specific instruction to students to log out of the machines after use. The computers on the clinic use a conventional keyboard and mouse to operate. This creates a potential problem for cross infection as the computers are often used during treatment of patients. Aims and objectives The aim of this audit is to ensure that CMFT and GDC standards for cross infection control and patient confidentiality are adhered to in the dental hospital ground floor clinic with respect to clinical computer use. The objective of this audit is to assess the quality of cross infection control procedures and patient confidentiality with regards to clinical computer use and to devise implementations which can be made to improve practices and meet the standards set. Standards In order to assess the use of the clinical computers within the restorative clinic I have used policies and standards set by the CMFT and GDC Nationally. The CMFT have policies on cross infection and patient data protection available here: http://www.cmft.nhs.uk/your-trust/freedom-of-information/our-policies-and-procedures The policy document ‘Records Management: NHS Code of Practice’ outlines that equipment used to store records should provide storage that is safe and secure from unauthorised access and which meets health and safety regulations. The NHS policy document ‘standard infection control precautions’ provides guidance for the proper cross infection control procedures for care equipment available: http://www.nhsprofessionals.nhs.uk/download/comms/cg1_nhsp_standard_infection_control_precautions_v3.pdf The General dental council also has set standards for all dental professionals to follow and has a document available which outlines the need for patient confidentiality and the responsibility of dental professionals to maintain it. http://www.gdc-uk.org/Dentalprofessionals/Standards/Documents/PatientConfidentiality[1].pdf All students and staff using clinical computers should meet these standards. Method The audit was carried out retrospectively. A total of 45 Computers on the ground floor restorative clinic were assessed on Monday, Wednesday and Friday afternoon for 2 weeks. Computers were assessed using a data collection sheet (appendix 1). Data from the collection sheet was compiled and analysed. The data collection sheet gathered information for the following categories: Cross infection control Computer hardware which must be touched for use i.e. Keyboards and mice were checked for appropriate barrier guard protection and cross infection control procedures. Computer keyboards must have barrier protection as appropriate cross infection control cannot be achieved by wiping with disinfectant due to the structure of the keyboards being used. The mice which are used can be wiped and so students were asked if they had wiped the mouse after use. Students were also asked if they had wiped the plastic cover of the keyboards. Keyboards which did not have barrier protection and those which did and were not wiped were deemed to not meet the standards of the CMFT. Mice which were not wiped with disinfectant were also deemed to not meet the standards of the CMFT. Data protection Computers were assessed to see if the users had logged off after use. Computers were also assessed to see if there was personally identifiable patient data accessible without restriction. Any computers with unrestricted patient data were deemed to not meet the standards set by the GDC and CMFT. Results The results from the collection sheet from all 6 days were compiled to give an average over the two weeks which were converted into percentages represented in the graphs below. Cross Infection Control This graph shows the percentage of the computers which had a plastic barrier guard protection over the keyboard at the end of the sessions. From the data collected an average of 24% of computers in the ground floor restorative clinic had no barrier protection during the clinical sessions. Of the computers which had barrier protection I asked the students from these bays if they had wiped the plastic barrier guard with disinfectant, the results are shown below. The graph shows that on average over the two weeks 18% of the keyboards with barrier protection were not wiped with disinfectant at the end of the clinical session. All of the mice for the clinical computers in ground floor restorative have no barrier protection and so students were asked if they had wiped the mice at the end of the session, the results of which are shown below. The data collected showed that on average over the two weeks 21% of students had not wiped down the mice with disinfectant after using them. Computers which did not have barrier protection for the keyboard and those which did but were not wiped as well as those with mice that weren’t wiped were considered to have inappropriate cross infection control. The total results represented as a percentage in the chart below. The data collected showed that in total 43% of computers being used in the ground floor restorative clinic were not meeting CMFT standards for cross infection control. Data Protection This graph shows the percentage of computers which were logged out of at the end of the clinical sessions over the two weeks. The data collected shows that 52% of computers on ground floor restorative were not logged out of at the end of the session creating a potential data protection issue. Computers were also assessed to see if any personally identifiable patient data was freely accessible without restriction, results shown as a percentage in the graph below. The data collected showed that 11% of the computers on ground floor restorative clinic had personally identifiable patient data freely accessible without restriction and thus these computers were deemed to be unsecure in terms of patient data protection. Therefore these computers do not meet the standards set by the CMFT and GDC for patient confidentiality. Conclusion Using the guidelines set by the CMFT and GDC I have assessed the clinical computer standards of the ground floor restorative clinic with regards to cross infection control and data protection of patients. The results show that only 57% of computers in the ground floor restorative clinic meet the standards of cross infection control. This was mostly due to barrier guards on keyboards not being used but it was also the case that students were not using disinfectant wipes on both the keyboards and mice. 89% of the computers meet the standards for data protection. The remaining 11% was a result of patient data being accessible directly from logged in machines thus the information was not secured. The results show that there is significant improvement to be made in the practices of staff and students using the computers on clinic to better protect patient confidentiality and wellbeing. Therefore action should be taken and recommendations implemented to improve the clinical computer standa rds of the clinic. Recommendations and action plan The results of this audit should be discussed with students who use the ground floor restorative clinic. It would also be useful to discuss the results with clinical tutors and other healthcare staff on clinic who oversee work done by students and who also sometimes use the computers. The clinical induction period for students at the start of the year would be an appropriate time to give specific instruction to students regarding clinical computer use. The instruction should highlight the correct cross infection control procedures for the computers including mandatory use of a barrier guard for keyboards and use of disinfectant wiped for both the keyboard barrier and mice. This could be included with other cross infection control inductions such as hand washing and usage of the clinical units. Instruction should also be given to students to log out of machines after use. If 100% of student implement this recommendation then data protection issues regarding the clinical computers would be largely resolved. The audit should be repeated in 12 months’ time to investigate any if any improvements have been made following implementation of recommendations. This allows time for the yearly clinical induction for students to have taken place. References GDC 2005. General Dental Council. Standards Guidance. Principals of patient confidentiality. Available: http://www.gdc-uk.org/Dentalprofessionals/Standards/Documents/PatientConfidentiality[1].pdf NHS 2010. NHS Professionals. Standard infection control precautions. Available: http://www.nhsprofessionals.nhs.uk/download/comms/cg1_nhsp_standard_infection_control_precautions_v3.pdf Appendix 1 1

Police Moonlight Essay -- Ethical Issus, Conflict of Interest

A global problem Police moonlighting is not just a problem in the United States. Moonlighting is severally restricted or prohibited in Australia, England and Japan. It however is fairly common in one form or another in Canada and the USA (Bayley 1996). Under Russian law, police are permitted to engage in only very limited outside employment. Under the Law of the Militia, permitted occupations are limited to those connected to teaching, research and the arts. One study of officers in Russia found that 49% of the over two thousand surveyed stated that they engaged in some type of outside work in their off hours. Eighteen percent also reported engaging in other work during their on-duty hours. Nearly all officers were engaging in work that is prohibited by the Law of the Militia. Most were working in some form of private security while off-duty. Almost half were working in transportation services off-duty and approximately 30 percent were working in retail/wholesale. Slightly under half reported working as private security during the hours in which they were employed as police officers. Low wages were described as the primary reason for taking additional employment. There was an average 72 percent increase in officer's monthly income as a result of their additional employment (Wilson, et al. 2008). Slovenia forbids police officers from moonlighting in functions that overlap with those of police such as for private security companies or private detectives. Though illegal moonlighting was not observed by Sotlar and MeÃ… ¡ko, they suspect that it is occurring as it does in other countries with similarly restrictive policies (Sotlar & MeÃ… ¡ko 2009). Similarly in Brazil, Police moonlighting is prohibited by law, though it commonly occur... ...and public safety Moonlighting can prove to be a serious threat to officer safety. With fewer resources and increased fatigue, officers may be at greater risk for serious injury. Many officers are killed while moonlighting as private security (AIMS 1991). According to Brazil military statistics, the majority of military police killed in Brazil, were killed while moonlighting (Macaulay 2007). About nine percent of officers killed in the past decade in the USA were killed while off-duty. Though the report does not specify the officer's function beyond their status as off-duty, based upon the reported circumstance of the officer's death, thirty five cases could conceivable have occurred while moonlighting (FBI 2011). A search of the The Officer Down Memorial Page finds 61 deaths over the past few decades that occurred while the officer was moonlighting (ODMP 2011). Police Moonlight Essay -- Ethical Issus, Conflict of Interest A global problem Police moonlighting is not just a problem in the United States. Moonlighting is severally restricted or prohibited in Australia, England and Japan. It however is fairly common in one form or another in Canada and the USA (Bayley 1996). Under Russian law, police are permitted to engage in only very limited outside employment. Under the Law of the Militia, permitted occupations are limited to those connected to teaching, research and the arts. One study of officers in Russia found that 49% of the over two thousand surveyed stated that they engaged in some type of outside work in their off hours. Eighteen percent also reported engaging in other work during their on-duty hours. Nearly all officers were engaging in work that is prohibited by the Law of the Militia. Most were working in some form of private security while off-duty. Almost half were working in transportation services off-duty and approximately 30 percent were working in retail/wholesale. Slightly under half reported working as private security during the hours in which they were employed as police officers. Low wages were described as the primary reason for taking additional employment. There was an average 72 percent increase in officer's monthly income as a result of their additional employment (Wilson, et al. 2008). Slovenia forbids police officers from moonlighting in functions that overlap with those of police such as for private security companies or private detectives. Though illegal moonlighting was not observed by Sotlar and MeÃ… ¡ko, they suspect that it is occurring as it does in other countries with similarly restrictive policies (Sotlar & MeÃ… ¡ko 2009). Similarly in Brazil, Police moonlighting is prohibited by law, though it commonly occur... ...and public safety Moonlighting can prove to be a serious threat to officer safety. With fewer resources and increased fatigue, officers may be at greater risk for serious injury. Many officers are killed while moonlighting as private security (AIMS 1991). According to Brazil military statistics, the majority of military police killed in Brazil, were killed while moonlighting (Macaulay 2007). About nine percent of officers killed in the past decade in the USA were killed while off-duty. Though the report does not specify the officer's function beyond their status as off-duty, based upon the reported circumstance of the officer's death, thirty five cases could conceivable have occurred while moonlighting (FBI 2011). A search of the The Officer Down Memorial Page finds 61 deaths over the past few decades that occurred while the officer was moonlighting (ODMP 2011).

Tuesday, September 3, 2019

Friar Lawrence Caused the Deaths of Romeo and Juliet Essay -- Romeo a

‘Romeo and Juliet’ The play ‘Romeo and Juliet’, by William Shakespeare is a tragedy which tells of the tragic deaths of the two lovers, Romeo and Juliet. In Verona there were two families the Montague and the Capulet’s who had an old argument. Their children Romeo and Juliet fall in love and because of their families old arguments can never be together. Because of Romeo ‘s killing of Tybalt, Romeo is banished and through series of misunderstanding Romeo and Juliet take there lives at the end of the play. In this essay I am going to consider which characters are to be blame for the tragic deaths of Romeo and Juliet. There are many characters who could be said to have some responsibility for the deaths of the two main characters, but in my opinion, Romeo himself, Friar Lawrence and the Nurse are the most responsible for the deaths of Romeo and Juliet. Before I go on to discuss the character that who is to blame for the deaths of Romeo and Juliet, I will consider what the word blame means; the word blame means ‘responsibility for a fault or wrong.’ Romeo the youngest son of the Lord and Lady Montague was in fact a major influence on the events leading up to the deaths of himself and his wife Juliet. He acted too hastily throughout the play. He shouldn’t have asked Juliet to marry him so suddenly, and he should have thought more carefully before rushing back to Verona after hearing of Juliet’s death. He also acted violently and without thinking when he killed Tybalt. In the beginning of the play, he was deeply in love with Rosaline. He was acting like he will never love any other person in his life and when Benvolio... ...essage to Romeo. ‘I’ll sent a friar with speed to Mantua, with my letter to thy lord. It shows that it was Friar Lawrence’s responsibility to get the plan to Romeo and he acted as an irresponsible by just sending only one letter and not thinking that this letter will reach to Mantua or not. In conclusion I think the most responsible is Friar Lawrence because he made a risky plan which led to the deaths of the two lovers. The second character that I think is the most to blame for the deaths of Romeo and Juliet is Romeo himself, because he was too quick to fall in love, he was in love first with Rosaline then Juliet. He was making decision without thinking and too quick to act. The third character I think the Nurse, because she carried Romeo and Juliet’s messages and helped the two lovers to get married secretly.

Monday, September 2, 2019

Behavior change health

I have been working on achieving my ideal weight this semester by losing 5 lbs in 5 weeks. I have modified my behavior and I am now able to keep from doing unhealthy activities such as eating fatty food. My goals did not change and I was able to achieve them. 2. I have completed my goals and am now prepared to move to creating new SMART goals.3. Yes, I was able to reach my goal of losing 5 lbs within 4 weeks. The short terms goals that I set for myself made the entire task more manageable. I used the short term goals in a checklist fashion which made accomplishing the overall goal more convenient to do.4. I relied on my friends for assistance and chose not to seek formal groups and organizations to participate in. My friends were very encouraging and they were there for me throughout the project. 5. As I promised my self, I have bought two outfits since the start of the project, one for every two pounds that I lost.I contemplated on buying another for the last pound but thought again st it because it would lower my standards. 6. I cannot really say that there were any major obstacles. The project went along smoothly and I was highly motivated by both my support and reward systems to accomplish my tasks.I do not think that there is anything to be done differently. 7. I believe that I have already achieved my goal for this project and would opt to have new goals. These goals are to maintain my current body weight, improve my health, and build my body. 8.To achieve my new goals, I have set up SMART goals that include working out in the gym five times a week, compiling healthy recipes which I will cook exclusively to be able to avoid unhealthy food, and abstaining from eating any fatty food during functions, meetings, and parties. I will monitor these goals in a two-month period and provide a summary evaluation at the end of the period.

Sunday, September 1, 2019

Introduction To Top Glove Corporation Berhad Essay

Top Glove Corporation was Started In 1991 In the Beginning Top Glove Company had just 1 Factory 3 Production lines and 100 Staff, but Now it Has Become the Most Successful and Largest Rubber Glove manufacture resulting in 25 factories which they had just 1 one when they started and now has 470 Production lines and a capacity to produce 41.1 Billion Gloves per Annum. Top Glove Corporation has more than 10 Branches Not In Malaysia but has also Spread In China and Thailand The Main Activities of Top Glove are Investment holdings and provision of Management services. Top Glove are one of the largest latex gloves, nitrile, surgical, household, Cleanroom,Vinyl and more types of glove Producer and meets High Quality Products and meets the Increasing expectations of the International Top Glove Corporation was Listed 2nd In Malaysian Bourse and within a year It was promoted to the Capital city of Malaysia Kuala Lumpur Stock Exchange (Bursa Saham) . It consists Shareholder fund worth 1.28Billion with an annual turnover which is almost 2.31Billion as at financial year ended 31 August 2012.Tan Sri Lim the Founder of Top Glove Achievements has A Huge Credit for Company’s Success Not Only Tan sri Lim But the Highly Committed and Motivation of Board of Directors Together with 11000 Strong Work Force. Customers are the Important Factor for Top Glove Company their motive is to Provide High Quality Products with affordable cost and To Provide them the best customer service. The Company is looking forward To Invest IN R&D IT and Automation to make sure to Improve The Quality and Production Efficiency. Looking At the Future Top Glove’s Objective is to Capture 30% of the Global Market share by 2015, (Top Glove, 2013) (EMIS, 2013) 1.1 TOP GLOVE CORPORATION VISION AND MISSION â€Å"We Strive to be the World’s Leading Manufacture with Excellent Quality Glove Products and Service enrich and Protect Human Lives† CORPORATE MISSION: â€Å"To Be World Class Glove Manufacturer by providing top Quality products with Excellent services through continuous Improvements and Innovation† (Top Glove, 2013) 1.2 KEY EXECUTIVES Wee Chai Lim Chairman Kim Meow LeeManaging Director Cheong Guan LimExecutive Director Siew Bee TongExecutive Director Arshad Bin AyubIndependent Non-Executive Director (Company) 1.3 CHAIRMAN LIM WEE CHAI PROFILE: (Top Glove Corporation Berhad, 2012) Lim Wee chai is a Malaysian citizen aged 54; He was graduated in Bachelor of Science degree in physics from University Malaya and completed his master degree in business administration Sul Ross State University in Texas, United States. Lim wee chai was appointed as a chairman at top glove corporation on 4th September 2000. Top glove Corporation Berhad was started with only 3 production lines under the Chairman lim wee chai Leadership and visions top glove have become world’s largest rubber glove producers and has captured 25% of the world market share. The company now has more than 23 factories and 457 production lines in Malaysia and on the other counties which are china and Thailand. The Production capacity is to produce 40 billion pieces of gloves per annum, over thousands of customer’s demand in more than 185 Countries. He has received 10 awards for his achievements success and contribution towards the Glove Industry (Top Glove Corporation Berhad, 2012) 2.0 INTRODUCTION TO HARTALEGA HOLDINGS BERHAD (Hartalega, 2013) Hartalega Berhad Manufacture and sell latex and Nitrile gloves.The company’s latex and Nitrile gloves consists of examination and Surgical, Laboratory, Clean room gloves, atomic power plant etc.It also deals in retail and wholesale of gloves, Property leasing research and development of automation systems. Hartalega was established in 1988 with the vision to produce gloves to protect the important thing which is Life, Hartalega Used to be  One line operation in the beginning but now it is one of the most largest Company with 53 Production lines, and a capability to produce 12 Billion gloves Per Year. Since the Start, Hartalega every single operation is been dedicated to Tradition of Excellence, they are delivering the best quality through state of the art equipment, high quality system and dedicated workers their products are high recognized all over the world Hartalega Success is Because of their loyal customers and Consistent improvements in quality of products, reliable service with efficiency by the culture of open and honest approach to business. Hartalega has Huge Market all over the world which are in North America, Europe, Asia, Australia Malaysia Hartalega is the company which has produced a lot types of products compare of it’s competitors and they are first one who has produced it which are Polymer Coated Powder-Free Examination Gloves, Low Protein Latex Examination Gloves, Robotic glove stripping system which helps to strip gloves off from the production lines, first one to produce high-stress relaxation NBR Examination and Surgical gloves, first industry to use oil Palm Empty fruit bunches as biomass fuel to produce heat for production process and Many More products which had produce 1st the Industry. Hartalega has earned a lot of Awards Because of their hard work, dedication and motivation. (Hartalega, 2013) (Businessweek, 2013) 2.1 BOARD OF DIRECTORS 1. Kuan Kam HonExecutive Chairman and Managing Director 2. Chuah Phaik SimIndependent Non-Executive Director 3. Dato Mohamed ZakIndependent Non-Executive Director 4. Kuan Mun KengNon-Independent Executive Director 5. Kuan Mun LeongNon-Independent Executive Director 6. Liew Ben PohNon-Independent Non-Executive Director (Haralega, 2012) (Hartalega Holding Berhad, 2012) 2.2 HARTALEGA CHAIRMAN PROFILE: (Hartalega Holding Berhad, 2012) Kuan Kam Hon aged 65, Is the Executive chairman and Managing Director at  Hartalega, he was appointed on May 7, 2007. Kuan Kam Hon is responsible for all business strategic plannings and whole operations in the group including research and development, He started his Career in the construction company named kuan Yuen & Sons Company which was a well-known construction company in 1970’s, in 1981 he formed Hartalega Sdn Bhd Under his leadership Hartalega has now become a reputable producers of latex gloves in the industry in Malaysia and is public listed in bursa Malaysia. He has created a set of Management with Higher standards and encourages creativity and innovation to produce highly-skilled personnel. (Hartalega Holding Berhad, 2012) 3.0 RUBBER GLOVE INDSUTRY ANALYSIS The rubber demand has been increased rapidly high after the H1N1 Pandemic in 2010. Rubber glove industry is going to witness Lower demand as there is no Huge Disease found in Humans, Plants or Animals since last year, Rubber Glove Industry totally depends on its usage on medical sector, Industry has been facing recession time to time. Malaysia is the largest Producer and exporter of Rubber gloves at present, Malaysian industry of rubber gloves has high Demand all over the world, Top Producers of Rubber gloves are, Top Glove, Supermax, Kossan rubber industry and Hartalega. Malaysian Industry exports to the US, Europe, Latin America, China and India, Us is the largest Importer of Rubber Gloves as their expenditure on Health Care has gone high as percentage of GDP Since 2000. UK and European Countries are following the same trend of using more hygienic products. And is expected for other countries as well Demand for Rubber gloves Have Increased in Countries like India, China and Brazil in the recent years as they are more concerned to their healthcare and wants to use hygienic Products, Demand for lower-end powdered latex gloves is high in developing countries who are more cost conscious which is cheaper than powder-free latex and nitrile gloves, The Developed countries such as US and Europe prefer to use Powder-free latex and Nitrile gloves. (Koncept Analysis, 2012) 4.0 FUTURE OUTLOOK OF RUBBER GLOVE INDUSTRIES 4.1 HIGH DEMAND OF GLOVES: Rubber Glove Industry will be having long term  demand for their products from the highly developed Countries. Emerging economies may possibly drive high future demand as their population is increasing, they are more aware of the importance of hygienic products in medical sectors as will be having high demand of High quality of Healthcare products and services. Health Care Expenditures is increasing for most developed Countries, which has increased demand for gloves, which may affect increase in cost but still can be manageable. Gas and Labor cost are expected to be increase In 2013, but no sure if that can make a huge impact of Glove market (lee, 2012) 4.2 STABLE MARKET SHARE, CAPACITY TO INCREASE: Top 4 Glove Producers may not become M &A Targets. Kossan Rubber industry may have a chance of being such a target if we pick among the four Largest Producers. The Rubber Glove Companies are increasing their production capacity to remain in the competition. Annual Capacity growth is expected to be about 18% or 14.2BN pieces in 2013 (lee, 2012) 4.3 RISKS INVOVLED IN RUBBER GLOVE INDUSTRIES: Rubber Glove Industries can face various kinds of risks which are as follows: 1. Competitors in this Industry have aggressively expended their capacity plans this can result in an oversupply 2. Sharp instability in latex costs and foreign currencies resulting in near term margin squeeze 3. Political Risk, domestic and regional, Glove manufactures source 50% of their raw material from Thailand. Risk is low production of NR latex and lower supply at glove manufacturers 4. Infrastructural bottle necks and Labor Shortages : Supply of Malaysia’s Natural Gas is reached its maximum point to the Glove industries and new allocations are expected to come, any delay in new allocation will become a huge problem for Glove Industries for that they have to use alternative fuel for production with higher cost (Michelle Foong, 2012) 5.0 FINANCIAL ANALYSIS 5.1 FINANCIAL ANALYSIS FOR TOP GLOVE CORPORATION BERHARD 5.3 PROFITABLITY: Profitability ratios shows that profit earning capacity of a business for the sake of clear understanding profitability ratios classified into two categories general profitability ratios and overall profitability ratios, The gross profit margin ratio (or gross margin ratio) provides clues to the company’s pricing, cost structure and production efficiency. A low profit margin ratio indicates that low amount of earnings, required to pay fixed costs and profits are generated from revenues. (Thukaram, 2007). Top Glove Corporation gross profit margin has been increased as compare with the profit ratio in 2011 and 2012, 2011 it was 11.44% in 2012 its 16.63 same goes for net profit margin, but with less expenses. Top glove Corporation profit earning capacity has been increased impressively Profitability 2012 2011 Gross profit margin Net profit Margin Expenses margin 16,63 – 9,87 = 6.76% 11,44 – 6,57 = 4.87% 5.4 LIQUIDITY: Liquidity ratios provides information on the time structure of debt and the firm’s ability to meet its short term obligation Current ratio is balance-sheet financial performance measure of company liquidity. Current ratio indicates a company’s ability to meet short-term debt obligations. The current ratio measures whether or not a firm has enough resources to pay its debts over the next 12 months. Quick ratio is viewed as a sign of a company’s financial strength or weakness; it gives information about a company’s short term liquidity. The ratio tells creditors how much of the company’s short term debt can be met by selling all the company’s liquid assets at very short notice. (Emilio Colombo, 2006).Liquidity ratios shows ability of the company to pay back its debts which top glove has improved  from 3.12:1 to 2.95:1 in 2012 LIQUIDITY 2012 2011 Current ratio Quick Ratio 5.5 EFFICIENCY: Efficiency ratios measure how efficiently a firm uses its resources. The average collection period shows the average number of days it takes your business to collect payment for sales to customers on credit, The accounts payable turnover ratio shows how quickly your business pays its bills and how often payables turn over during the year. Trends in the accounts payable turnover ratio demonstrates how your business handles its outgoing payments and can help you assess the cash situation of your business. This efficiency ratios shows that top glove fixed asset turnover has been increased from 2.9 in 2011 to 2.93% in 2012 debtors collection time has also slight more efficient compared to 2011 it was 47 days in 2012 it is 46 days meanwhile creditor payment is facing more delays compared to previous year which was 39days in 2011 turn into 44days in 2012 (Emilio Colombo, 2006) EFFICIENCY 2012 2011 Fixed asset turnover Debtors collection Creditor payment Stock Turnover 5.6 CAPITAL STRUCTURE: Capital Structure is a mix of a company’s long term debt, specific short-term debt, and common equity and preferred equity. The capital Structure is how a  firm finances its overall operations and growth by using different sources of funds. The interest coverage ratio indicates the extent of which earnings are available to meet interest payments. A interest cover ratio means less earnings are available to meet interest payments and that the business is more vulnerable to increases in interest rates. Capital Structure 2012 2011 Interest Cover Gearing ratio INVESTORS: Financial ratios are used to analyze company performance, Return of equities investors is much greater than that applied to debentures may be because this investment class have a huge risk, and ordinary shareholder are the best group of investors for an organizations. The Price earning ratio for an organization is used to compare the financial position of a company compare to other organizations, this means the better financial position of a company is according to PE Ratios the lower risks is for its investors and shareholders. Organizations which want to expand their dividends will seek to over a large amount of their earnings; whereas organizations which have high cash holdings are able to pay higher dividends if they wish to, the relation between dividends and earnings are calculated by dividend cover (Woods, 1999). Investors 2012 RM’000 2011 RM’000 ROCE ROE EPS 0,3277 0,1829 Earning Yield Dividend Payout Dividend Retention 1 – 0,478 = 0,52 1 – 0,59 = 0,41 6.0 FINANCIAL ANALYSIS FOR HARTALEGA HOLDINGS BERHAD 6.1 PROFITABLITY: These figures shows that Hartalega’s gross profit margin was 37.15% In 2011and it is Decreased in 2012 to 31.85%, Net profit margin is also decreased in 27.9% 2012 which was 33.4% in 2011 it tell that company is underperforming compared to last year’s performance. But expenses are decreased from 4.75% to 3.95% Profitability 2012 2011 Gross profit Net Profit Margin Expenses Margin 31,85 – 27,9 = 3.95% 37,15 – 32.4 = 4.75% 6.2 LIQUIDITY: This Table shows Liquidity of Hartalega Company their ability to pay their debts is Increased compared to 2011 which was 3.63:1 Now increased to 4.42:1 in current ratio. If we measure that in quick ratio it also shows an Increase from 2.81:1 to 3:28 Liquidity 2012 2011 Current Ratio Quick Ratio 6.3 EFFICIENCY: This table shows The Figures how Efficiently hartalega corporation is using their resources in 2011 their fixed asset turnover was 2.11 which is increased to 2.45% it tells us that and debtors collection period is decreased from 50 days to 46 days so they are collecting their debts earlier compared to previous year and creditor period in also decreased from 45 days to 35 days they are able to pay back their Creditors earlier than 2011 and stock turnover is also increased from 51 days to 56 days. This table tells us that hartalega is using their resources very efficiently Efficiency 2012 2011 Fixed asset turnover Debtors collection period Creditor payment Stock turnover 6.4 CAPITAL STRUCTURE: Capital Structure 2012 2011 Interest Cover Gearing Ratio INVESTORS: Investors 2012 2011 ROCE ROE EPS 0,2765 pence 0,2618 pence Earning Yield Dividend Payout Dividend Retention 1 – 0,43 = 0,57 1 – 0,29 = 0,71 7.0 RECOMMENDATIONS AND CONCLUSIONS Rubber Glove industry has huge demand in market and in future it will be demanded even more Developed Countries and developing countries are very concerned to use Hygenic products in their medical sectors and so their medical care expenditures will be increasing the demand for Gloves will also be increasing. As For Under developed Countries If there is a hope for them to Increase their Economy and they will also be concerned to use hygienic products like other Developed Countries demand for the Rubber Gloves will go even higher. Malaysia has dominated the Rubber Glove Industry and Is the King of rubber gloves. Top Rubber and latex gloves manufacturing companies are In Malaysia So there is a lot more competition with in Malaysia on this Business and all the companies are trying to improve their   capacity top Glove Manufacturing companies In Malaysia are Top Glove and Hartalega which are performing extremely well in this business and their products are demanding all over the world. Malaysian Organizations are the largest world exports of rubber gloves industry where as other countries like Thailand have no Competition with Malaysian Industries the Biggest Strength of Malaysian industries are their labor production each worker in the rubber glove industry are three times more productive than Thailand and Indonesian workers. So there is Nothing to worry about at the moment that some Country Might take over their Market. There are few things Which has to be considered are political relations with other countries, Thailand supplies 50% of Raw Material to make gloves to Malaysia. Any Political Issue can cause a lot of problems to the Rubber Glove manufactures. Bibliography Businessweek, 2013. http://investing.businessweek.com. [Online] Available at: http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=HART:MK [Accessed 7 July 2013]. Emilio Colombo, L.S., 2006. Contribution to economics. In M.B. Werner A Muller, ed. Financial Market Imperfections and Corporate Decisions. New york: Physica-Verlag. p.174. EMIS, 2013. http://www.securities.com. [Online] Available at: http://www.securities.com/Public/company-profile/MY/Top_Glove_Corporation_Bhd_en_1663501.html [Accessed 7 July 2013]. Haralega, 2012. Unlocking Potential. Annual Report. Kuala Lumpur: Haralega Holdings Berhad. Hartalega Holding Berhad, 2012. Unlocking Potential. Annual report. Kuala Lumpur: Hartalega Holdings Hartalega Holdings. Hartalega, 2013. Hartalega.com. [Online] Available at: http://hartalega.com.my. [Accessed 7 July 2013]. Koncept Analysis, 2012. http://www.researchandmarkets.com/reports/2097332/global_rubber_gloves_market_an_analysis_2012. [Online] Koncept An alsysis Available at: http://www.researchandmarkets.com/reports/2097332/global_rubber_gloves_market_an_analysis_2012 [Accessed 8 July 2013]. lee, J., 2012. Malaysia Equity. Investment research daily, 1, p.23. Michelle Foong, 2012. Rubber Gloves Gloving the world. Research. Global Market Research Companies. Thukaram, R.M., 2007. Management Accounting. In Management Accounting. 1st ed. New Delhi: New Age International(P) Limited Publishers. p.588. Top Glove