DOMMINO PIZZA MARKETING STRATEGY Coursework Example | Topics and Well Written Essays - 3750 words

DOMMINO PIZZA MARKETING STRATEGY - Coursework Example The paper tells that in recent decades, there has been need to improve the safety of food supply in Europe and other countries in the west and Domino company has not been left out. The laws governing public food safety have been reviewed and firms at various levels of the supply chain have come up with means of improving safety of food supply. As a result, there has been an improved standard of food safety rules at national, regional and international levels. A number of regulations have been put in place such as standards regarding the nature of the final product, the techniques of production in the food supply chain and the legal compliance of the supply chain. At the multinational level, there have been proposals on how the standards of food supply can be improved by the domino company or corrected in areas of weakness. Some of the issues that have been discussed include improvement of infrastructure, facilities and techniques of production, modes of processing as well as modes of quality assurance. There has been a great deal of competition in the pizza industry from pizza huts, papa john’s who are also distributors of pizza in different regions. This has reduced the profits in the business and has reduced the number of customers that are available for this company to deal with. Most of these customers have been shifting from one company to another and Domino Company has had a great deal of losses emanating from the high costs of operation and production visa reduced market share. There are other markets which are yet to be explored like those of china which are yet to be explored. ... As a result, there has been an improved standard of food safety rules at national, regional and international levels. A number of regulations have been put in place such as standards regarding the nature of the final product, the techniques of production in the food supply chain and the legal compliance of the supply chain. At the multinational level, there have been proposals on how the standards of food supply can be improved by the domino company or corrected in areas of weakness. Some of the issues that have been discussed include improvement of infrastructure, facilities and techniques of production, modes of processing as well as modes of quality assurance. STATEMENT OF THE PROBLEM There has been a great deal of competition in the pizza industry from pizza huts, papa john’s who are also distributors of pizza in different regions (Blythman, 2005). This has reduced the profits in the business and has reduced the number of customers that are available for this company to de al with. Most of these customers have been shifting from one company to another and Domino Company has had a great deal of losses emanating from the high costs of operation and production visa reduced market share. There are other markets which are yet to be explored like those of china which are yet to be explored. Te problem has been that the Chinese require places they can take pizzas while relaxing like in restaurants (Baldwin, 2009). This is not in line with what the company has been used to and therefore has to try and deal with that before the other companies establish themselves in such places. The company is developing marketing strategies that will ensure that this is dealt with including opening new businesses

Accounting Cycle Research Paper Example | Topics and Well Written Essays - 750 words

Accounting Cycle - Research Paper Example An organization that depends on the accounting cycle to create outputs that are needed to evaluate the financial performance of an organization is the Security and Exchange Commission (SEC). The SEC mandates that public corporation release financial statements at least once a year. The amount of time that it takes to complete the accounting cycle is typically one year. Due to SEC regulations publicly traded companies have to compress their accounting cycles in order to release quarterly financial statements. The primary players that are involved in the preparation of financial statements are the employees that belong to the accounting department. The collective efforts of all accountants of a corporation allows the accounting cycle to run smoothly and serve its purpose of enabling companies to compile financial statements that show the financial performance of a corporation. Some of the users of the financial information formed by the accounting cycle include: lenders, employees, business partners, and shareholders. The person or job position that is responsible for the completion of the accounting cycle is the controller. The controller is considered the top accounting position in any organization. The controller is responsible for the preparation of the different steps that lead to the release of financial statements. Another important executive position that closely monitors the work of the accounting department is the chief executive officer (CEO). The CEO is responsible for the ent ire performance of an organization. They must comply with the demands of different stakeholders groups. A few decades ago the accounting cycle was created manually with the use of traditional accountings books such as the general journal and the ledgers. Accountants would manually keep track of the system through these two mechanisms and other tools to create an accounting information system. Nowadays technological advances have made the job of accountants much

M & a of China Automobile Industry Essay Example for Free

M a of China Automobile Industry Essay The Researches on Overseas Mergers and Acquisitions of China Automobile Industry in Post-Crisis Period? ZHU Qin School of Economics, Zhejiang Gongshang University, P. R. China, 310018 [emailprotected] com Abstract: Since the 2008 financial crisis, the overseas mergers and acquisitions (MA) of China automobile industry have become a topic the worlds automobile market most concerns about. This paper views that the rapid growth of the domestic automobile market, the adjustments in overseas auto industry and much support from government’s policies provide a good background and favorable conditions to overseas MA of China automobile industry. It also points out that although Chinas state-owned enterprises are still the main body of overseas mergers and acquisitions of China auto industry, private enterprises are playing an increasingly important role. Through studying specific cases, the paper proposes countermeasures concerning overseas mergers and acquisitions of China automobile industry in post-crisis period. Keywords: Post-crisis period, the automobile industry, overseas mergers and acquisitions 1 Introduction The rapid growth of China’s economy since the reform and opening, the explosive increase of automobile industry in recent years and government’s supporting policies on the automobile industry altogether offer new opportunities and conditions to overseas MA of China automobile industry. At present, China has become the largest automobile producer in the global. In 2009, the top ten automobile manufacturing countries were: China (13791000), Japan (7. 935 million), United States (5. 697 million), Germany (5. 206 million ), Korea (3. 513 million), Brazil (3. 183 million), India (2. 628 million), Spain (2. 17 million), France (1.935 million), Mexico (1. 561 million). Large-scale production capacity endows China auto companies with a base to expand overseas. Following the 2008 financial crisis, the global economic downturn has had the international Automotive Group faced with overcapacity problem; meanwhile, the global credit shortage has brought great pressure to the survival and development of the automobile business. Funding gaps emerged in many international auto giants. After the financial crisis, the asset value of many foreign enterprises is seriously underestimated, which gives a good chance for Chinese enterprises to take a shot. Through overseas MA access to the dreaming international auto brands, the core technology and international marketing channels can be acquired at low costs. At the same time, Chinese auto companies have sufficient capital reserves at the present stage, and with the strong support from the government and national financial institutions, there is a potential for them to become competitive buyers for part of the international Automotive Groups quality assets. It is worth mentioning that related departments in the Chinese government treat the auto industry as a pillar industry of national economy, giving it much positive policy support. The automotive industry restructuring and rejuvenation program, promulgated in 2009 increased efforts to support the automobile industry. First, the program states that â€Å"it is required to promote the restructuring of the automotive industry, to support MA of large-scale automobile enterprise groups, to expand the scale of major auto parts enterprises through MA. Previously, the major auto companies were not willing to conduct cross-regional restructuring because of too many barriers. The automotive industry restructuring and rejuvenation program can effectively solve this kind of concerns. In related detailed ? [Sustentation Fund]: National Science Fund of China (70703030) , Zhejiang Province Science Fund (Y6080222), Humanity and Social Science Fund of Chinese Ministry of Education (07JA790083, 09YJC790240) 43 M D FORUM regulations, associated guidelines are made which involve the acquirer and acquiree, such as the source of acquisition financing, tax issues that may arise in acquisition, the asset disposal of acquired companies and employee relocation and other problems prone to cause disputes or already existing barriers. At the same time, it will lift the standard of admitting foreign asset and acquiring related domestic enterprises to (protectively) enhance the competitiveness of domestic auto companies. In addition, in March 16, 2009, the Ministry of Commerce issued procedures for the administration of foreign investment to further reform foreign investment management system, promote the facilitation of foreign investment, support Chinese enterprises to go out and participate more in international economic cooperation and competition. These help to raise strong and positive support for overseas M A of China automobile industry. 2 The Main Body of Overseas MA of China Automobile Industry Before 2008, although there were many cases of overseas MA in China automobile industry, such as SAIC’s acquisition of Ssang Yong in 2004, Nanjing Auto ’s acquisition of Rover in 2005 and so on, the overall impact and scale were still limited and attention from the domestic and international was not intense enough. From 2006 to 2008, the scale of MA Chinas major automobile companies has been further reduced, with the total number of only 7. It only covered 19% of the total number of Chinese car companies’ various overseas investment. Other overseas investment approaches were: 21 cases of joint ventures or strategic alliances, accounting for 57%, 8 cases of factory founding directly, accounting for 22%, and 1 case of technology transfer. But after 2008, when the world auto market is still full of financial cold haze, the Chinese auto companies went against the trend. A number of enterprises joined with foreign auto brands in carrying out cross-border marriage. In this short year, both the vehicle industry or parts manufacturers lunched many acquisitions either far-reaching or with extremely high degree of concern. Beijing Automobile Works acquired Saab, Geely acquired Volvo, Beijing West Industry’s acquisition of the U. S. Delphi, Geely DSI bought Australian automatic transmission companies, to name just a few. Overall, in the current automobile industry, China’s M A main body is evolving towards a diversed boom. China’s automobile companies participating in overseas M A are no longer confined to state-owned ones. Due to their growing strength and government’s supportive policies, private enterprises have become the new force, injecting new vigor and vitality into the overseas MA of China automobile industry. However, state-owned enterprises are still the most important main body in cross-border M A activities [7]. In this M A wave, the Beijing Automotive, as one of the state-owned enterprises, successfully finished the acquisition of the Swedish brand Saab in December 2009. State-owned enterprises have an advantage of large scale, but often there is a serious deficiency in the governance, a general lack of motivation of in the management. A majority of state-owned operators have an incomplete momentum for cross-border M A. The private enterprise, with their natural clear property rights, fewer policy constraints, and a flexible structure and mechanism are playing an increasingly important role in the wave of automotive MA. Thanks to less intervention from the government and following less protection compared with the state-owned enterprises, private enterprises possess stronger self-awareness, risk awareness and a sense of competition. Increasingly powerful private enterprise group is supposed to become an important force in the cross-border M A in the future [15]. In this MA wave, the most distinctive representative of private enterprises is China Geely Group. As a leader of Chinas private auto enterprise, in March 2010, it successfully reached an agreement with General Motors, purchasing 100% of the shares of GMs Volvo. 3 A Study of Overseas M A Cases in China Automobile Industry 44 M D FORUM 3. 1 Overseas M A cases of automobile enterprises In the choice of overseas M A targets, China’s auto enterprises prefer developed regions like Europe and the United States, especially concentrating on world’s top 10 auto-producing countries besides China such as the United States, France and other places. The vehicle industry in these areas has long history, with many powerful brands, more developed economy, higher living standard and stronger consumer ability. In the choice of specific targets, Chinese enterprises are in favor of those enterprises that are of highly well-known brands, a long history, as well as advanced technology and experienced management. However, during this financial crisis, a serious setback in operating performance led some of these companies or brands to great losses or even near-collapse. Geely’s acquisition of Volvo and Beijing Auto’s of Saab is representative ones. They are very typical in this MA wave starting after the financial crisis. 3. 1. 1 Beijing auto’s acquisition of Saab On December 28, 2009, Beijing Automotive Holdings formally announced the acquisition of relevant intellectual property rights of Saab cars at a cost of 200 million U. S. dollars. By then, Beijing Automotive has gotten the core data of the complete research, production, marketing, quality control system. This international transaction is the first successful case for a domestic automobile enterprise to carry out the acquisition of foreign advanced and complete vehicle power technology since 2009. As one of a few Chinas Automotive Groups who not yet have their own brands, Beijing Automotive is very urgent on owning its own brand-related technology. So the successful marriage with the Saab is of great significance for Beijing Automotive to speed up the process of independent R D and internationalization. 3. 1. 2 Geely’s acquisition of Volvo On December 23, 2009, Ford Motor Company released a statement of reaching a framework agreement to sell its Volvo to Geely. In March 28, 2010, Geely signed a definitive stock purchase agreement with Ford to buy 100% of the shares of Volvo Car at a cost of 1. 8 billion U. S. dollars and then signed a definitive agreement concerning related assets [32]. This saliva battles full of troubles ended with Geely tenaciously achieving its dream of snake swallows elephant. It is a spur for other domestic auto enterprises, also a major step for Geely towards the international market Simultaneously it helps the Volvo brand to further open the Chinese market,. However, it is not easy for Geely to digest Volvo. Whether it is because of the picky European Union, or high operating costs for brand, or cultural integration, especially the integration and management of Volvo’s distributors, factories and suppliers scattering over more than 100 countries and 2,400 regions. There are a series of huge problems. 3. 2 Overseas M A cases of automobile parts enterprises After the financial crisis, overseas auto parts enterprises were faced with greater difficulties than full-vehicle enterprises. Bankruptcy and MA happened frequently. Influenced by this round of auto industry structure adjustment, the integration of parts suppliers intensified, and M A wave aimed at supplier groups resurged. Foreign well-known auto parts enterprises like Australian transmission company DSI, Delphi in the United States and so on occupy pivotal positions in the auto parts industry, and even have a significant impact on the development of the full-vehicle market. Direct purchase of foreign auto parts enterprises is local suppliers’ one way of gaining access to core technology. After the current financial crisis, the MA cases of auto parts enterprises are quite frequent and also larger and more far-reaching than that of before the crisis. Such as Geely’s acquisition of the Australian transmission company DSI, Beijing West Industry’s acquisition of U. S. Delphi, WanXiang Groups acquisition of the U. S. DS automobile steering shaft and so on. 3. 2. 1 Beijing West Industry’s acquisition of Delphi On March 31, 2009, Delphi formally agreed to sell its global businesses of braking and suspension to Beijing West Industry. Beijing West was prepared to pay 90 million U. S. dollars in cash to acquire Delphi’s related machinery and equipment, intellectual property and real estate, including its businesses of braking and suspension in eight plants, five technology centers and 14 technical support and customer 45 M D FORUM service centers which locate worldwide. 3. 2. 2 Geely’s acquisition of DSI. On March 27, 2009 in New South Wales State’s Government Building, the signing ceremony of Geely acquiring Australian Automatic Transmission Company was held. According to a statement from Li Shufu, the Chairman of Geely Group, Geely conducts a wholly-owned acquisition of DSI for it values DSI’s complete designing and manufacturing capabilities accumulated over 80 years. DSI Automatic Transmission Company is an automatic transmission specialist centralizing research and development, manufacturing, and sales altogether. What is more, it is one of the only two global automatic transmission companies that are independent from all automotive vehicle companies. 4 Countermeasures and Suggestions for Overseas M A of China Automobile Industry 4. 1 The selection of objects for overseas M A First of all, when making overseas M A, Chinese auto enterprises need to be careful of those M A targets who already have no competitive advantage within the industry, and just to sell companies to reject the burden. Therefore, they should be especially cautious in the choice of Objects for overseas M A and take various factors into consideration. Second, while doing overseas MA, Chinese auto enterprises can not just focus on targets of low purchase price, but on the potential value of the enterprises after the acquisition. Therefore, the Chinese auto enterprises ought to choose targets that are consistent and coordinated with their own strategic objectives, and can complement their own businesses to achieve synergies; to choose overseas assets with low cost but are able to produce better results through the integration. Finally, in assessing M A targets, priority should be given to smaller yet high quality objects in accordance with their requirements. M A are to be done for many times, at small amount and with steady integration. 4. 2 A careful and scientific implementation of overseas M A After enterprises have determined the strategic premise of overseas M A consistent with their own development requirements, they need to compare the key links in tactic and carry on related initiatives. First, in M A planning session, to establish a more comprehensive overseas assessment system; to do a comprehensive and quantitative research with regard to the status of the host country market, national policies and regulations, competition pattern, the main risks; to do further accurate assessment of the target companys technology, independent intellectual property rights, operation status and potential value, weighing the risks and opportunities. Second, after selecting the target of M A, a comprehensive understanding of the business-related technology, the details of intellectual property rights should be gained, and the specific items and amounts of M A be finalized. To maximize benefits at the lowest cost by conducting effective negotiations. Third, after the transaction is completed, to assess comprehensively the differences of both managements in management philosophy, and the differences of staff in culture, values, benefits, remuneration and so on. To orderly propel the process of integration in achieving M A objects. 4. 3 The implementation of the strategic resource reserves in overseas M A To obtain opportunities of overseas MA, auto industry are required to carry out resource reserves in four aspects. First, human resources reserves. The Chinese auto enterprises should consciously reserve all kinds of overseas M A professionals as soon as possible. Second, M A experience reserves. By continually accumulating experience through practices, enterprises can learn more about related laws and regulations, operating procedures, and precautions to reduce risks, and then improve the success rate. Third, M A financial reserves. To fight for access to financial support from the government or large financial institutions. To ensure enough amount of money while minimizing financial costs. 46 M D FORUM 5 Conclusion During post-crisis period, the China automobile industry is facing an unprecedented good opportunity in overseas MA. With the support of concerning policies, the China auto industry is adopting an active global strategy. Through the integration of global auto industry resources, the international competitiveness force of China auto industry is enhanced in a great degree. In the process of overseas MA, the China auto industry needs to actively carry out relevant strategic resource reserves, scientifically select acquisition targets, and carefully as well as scientifically implement specific overseas M A strategy. Author in brief: Zhu Qin, PHD, Associate Professor, School of Economics, Zhejiang Gongshang University Email: [emailprotected] com. References [1]. Stefano Rossiand Paolo Volpin. Cross-Country Determinants of Mergers and Acquisitions [M]. London Business School, 2002 [2]. Guo Jianhua. The global automotive industry changing situation report [R]. Beijing: Equality in Automobile Research Institute, 2009(in Chinese) [3]. RolandBerger Strategy Consultants. Chinas auto industry development, in the current financial crisis the opportunities and challenges [R], 2009 (in Chinese) [4]. State Council Development Research Center of Industrial Economics Research Department, Society of Automotive Engineers of China, Volkswagen Group. China Automotive Industry Development Report [M]. Beijing: Social Sciences Academic Press, 2009. 7 (in Chinese) 47

Production of PR-protein 1 in Mangroves Leaves | Experiment

Production of PR-protein 1 in Mangroves Leaves | Experiment 1. Abstract One important trait of a plant is its ability to form natural barriers that keep harmful microorganisms away. For instance, mangrove leaves may produce a hormone called salicylic acid to inhibit the growth of fungal pathogens. Such a hormone may induce an antimicrobial substance known as Pathogenesis Related (PR) proteins. A lot of Pathogenesis related protein researches have been done with tobacco and tomatoes leaves. In this study, the aim of the experiment is to determine whether mangroves leaves induce the PR-protein 1. The mangrove leaves are treated with salicylic acid and are left for 7 days in order for leaves to induce proteins. The leaves extraction procedure is carried out by the reference procedure Verlag Paul Parey (1980) and Thierry Niderman (1995). The PR-protein 1 in the leaf extraction solution can be identified by using the SDS-PAGE technique, which the SDS detergent is sticking to the protein during denaturing of the protein and electrophoresis gel can separate the different PR protein family based on their molecular size. The molecular weight of protein bands can be categorized by using reference protein and the molecular weight of PR-protein is known as 14-17 kilo daltons. Acknowledgement Initially the gratitude I would like to extend to my supervisor and foremost, Mark Duxbury is of highest praise for his accomplishments in helping me to succeed in our field of study. Through-out my research project there has been a lot of work that i have strived to excel into a project worthy of my subject teachings, the questions that I have asked of him, he has never neglected to reply to in good time. Collectively with all the staff in the AUT laboratory, I would like to thank for providing all the equipment and chemical supplies and gear that have been used through-out the year in my research project. 2. Introduction There are approximately 70 different types of mangrove species in the world. Some countries have a variety of mangrove species, however New Zealand has only one species which is called Avicennia marina or Mana, it belongs to the Verbenaceae family that is a cosmopolitan species which is widely distributed along tropical and subtropical coastlines. Mangroves have been growing in New Zealand for more than 19 million years. Most mangroves tend to grow in warmer climates, which influences the diversity and size of growth in the tropics. Therefore, mangroves do not tend to survive in colder climates, and this is why all the mangroves in New Zealand are likely to grow in Northland because it is warmer there. They grow larger in warmer temperatures,so the optimum growth of mangroves in New Zealand is experienced within 60 centimetres of the tide line, and flourish mostly around placid waters with shelving along the shoreline, in and around harbours and estuaries. Otherwise alternative condi tions, harsh and rough water waves, can dislodge their roots as well as upset the silt that settles, which they require to grow. They can tolerate salt water even if submerged completely. This tolerance is not permanent, they need to be uncovered for half of either tide. 2-1. Importance of mangroves It is important to know about mangroves in New Zealand, what their role is in erosion control and what they support. Mangroves have wide a diversity in their roles of food webs and the support they have for animals and plants in their environment. There are four different reasons why the mangroves are important in New Zealand. Productivity of mangroves The productivity of Mangroves is measurable with close analysis of their reproductive parts, twigs and leaves, this measurement determines the organic matter of the plant, its energy and its ability to contribute environment. Food source The distribution of fresh organic matter is localised, the most important attribute of mangroves in New Zealand, is the dependence the environment has on them. They supports the greater habitat around the nearby harbours and estuaries. Reference to this process is called the food web, when the distribution feeds a range of animals like crabs that digest nutrients from mangrove and return these nutrients into the food web. Support for other plants Different varieties grow in different environments, in tropical environments, this supports low density growth on sandy shores and seagrass beds in between trees, and can form new beds with the upper edges of these mangroves from the edge of the forests. It is clear that these enviroments do not support the same growth as in New Zealand. Support for animals Mangrove beds are located in harsh conditions so the range of dependency on this plant life is limited, reasons being; decomposition of sediment, oxygen starvation, muddy flats and tidal exposure. The variety of animals that feed off mangroves are somewhat small but they include worms, mud crabs, shellfish, mud snails and whelks although terrestrial animals (spiders and insects) are also at home around mangroves. The range of inhabitants also varies with the location and nature of the sediment. 2-2 Defence mechanisms of plant Explanation of the first and second defence mechanisms of plant will follow, in the first defence mechanism the invasion of pathogens is protected by a physical barrier, in the plants developed cell wall, and is composed of cellulose, pectin and lignin etc. The second defence mechanism is different by the use of the plants chemical defence, by alkaloids, saponins and phenols. This process is a constitutive expression of the plants secondary metabolite. The reaction of the defence mechanism involves turning a cascade of genes to produce a plant-pathogen interaction. Production of reactive oxygen species, through cell wall defence and through other group proteins such as PR (pathogenesis-related). 3. Literature review Many of the PR proteins are diverse in their families, so that they are found in a lot of types of plants such as, 33 in Tobacco, 20 in sugar beets also in spinach. Classification of PR proteins that induce pathological and related states (Van Loon 1985), are a classification of family, through relationships of cellular form, amino acid sequences and biological activity, further families are identified as tobacco and tomatoes with classifying PR proteins. Sequence Homology is the term for the families of PR proteins, but are not defined only by this but also by migration, the specific reaction with antisera, biological activity also determines PR and resistance to interactions. Characters of cDNAs that reveal PR genes are seen in the systematic resistance in plants against pathogens, and incompatible hosts house bacteria, fungi and viruses, elicitors of PR genes derive molecules from pathogens. These proteins are found in different plant types, although healthy plants suffocate the c haracteristics of PR, multi gene families have the most PR proteins and are proven to inhibit the growth of fungi. Interestingly the use of large groups of PR genes can be characterised and used to sustain healthier responses to biotic and abiotic stress, to the betterment of transduction mechanisms and the measure of stress signals to return greater defence for enhanced engineering of crop plants. Necrotic lesions in plants, can be a result of the resistance produced by the PR. 3-1. Variation of infectious PR has been identified in the infected tissue of unhealthy plants, as well as in healthy plants, e.g Tomato plants are known to display seven PR's when they are in good health. Varieties of the plants also support PR proteins, in fact PR proteins are usually only present after stress, unlike flowers, pollens, stigma and seeds. Associated stress induced by pathogens is the dominant group PR-1 and is used as a signal for SAR. The research that has produced our current knowledge of PR-1 was undertaken in 1970, limited antifungal activity suggests it is a defence mechanism but the action it takes, and the relationship with other proteins is a new subject. 4. Pathogenesis-related (PR) proteins PR proteins induced in a pathological environment allow the role of the proteins defence in the plant, that is the result of a reaction to infection to produce the PR. Antimicrobial proteins attack molecules in the cell wall that are bacterial or fungal. Host plants see the interaction of pathogens that are labelled as hypersensitive reactions, that are the proteins produced in the event of a pathogen attack there are 17 types discovered (Van Loon,2001) 4-1. PR-1 protein family. PR protein typically has 160 amino acids in length, although it is not clearly studied in biochemical properties, the most abundant group in the PR-protein family is PR-1 because of its high sensitivity to infection, it induces a very high level, between 1 and 2 percent of the protein in the leaf. There is a molecular marker of the expression of PR-1 that indicates the plants defence response, this particular protein is most studied in tobacco. Picture 1. Families of PR proteins The picture 1 showed different types of the PR-protein family and different PR-families that have different molecular sizes. The first family is the PR protein 1 and it has a molecular size of 15 to 17 kDa. The biochemical properties of the PR-1 family is not clearly established, so those stated are unknown. However, it is known that the PR-1 family is the most abundant group of proteins, which induce very high levels of PR Protein when infected (approximately 1 to 2 % of the total leaf protein). They are typically 160 amino acids in length and exist as an acid or base dependent on their functional grouping (Punja, Z. 2004). 4-2. Acidic Pathogenesis Related -1 Proteins Tomatoes, barley, maize, parsley, as well as other plants of the Graminae, Solanaceae, Chenopodiaceae and Amaranthiceae families have detected acidic pathogenesis related -1 proteins. The high resistance to proteolysis is adapted to the extracellular environment, and the protein in the plant is soluble in acidic buffers with low molecular weights. The protein P14 isoforms have been found in barley, and tomatoes which have a similar protein to tobacco, that respond to different polyclonal antibodies, unlike acidic PR-1 genes that do not target vacuolar peptide sequences form PR-1 has 138 amino acids that synthesize a higher molecular weight that contains N-terminal amino acids that produce K15da mature protein. 4-3. Basic Pathogenesis Related -1 Proteins Basic Pathogenesis Related -1 protein contains 30 amino acids in the hydrophobic N-terminal region of 30 amino acids, this is a signal peptide that is the translocation of endoplasmic reticulum the C-terminal peptide also contains the vacuolar targeting signals, for example in tobacco leaf PR-1 proteins are localised in extracellular space responding to TMV infection. The 17KDA are two basic isoforms, and PR-1 has an isoelectric point of 10.5 and 11.0, the exception between the similarities of PR-1 basic and PR-1 acidic is one amino acid sequence and are identified in maize, celery and other cereals. 5. Salicylic acid The benzoic acid derivative is Salicylic acid (SA), an important phytohormone is involved in the regulation of the plants defense mechanism. The important role that Salicylic acid fills in plant defence for the protection from pathogen attack, recently was proven to be necessary for SAR. Salicylic acid has a role that is observed in the plants defence mechanism was similar to the medication of aspirin in observation, the acid induced resistance to the mosaic virus in tobacco. The accumulation of PR proteins increased in resistance, and assumed as markers of the defence response. Biosynthesis has elucidated in the pathway of salicylic acid and has synthesized from benzoic acid into cinnamic acid, and this reaction catalyzes a function of cytochrome P450 monoxygenase. Salicylic acid is an essential compound in the signal pathways accompanied by an induced excess of acidic pathogens- related protein genes. The production of pathogenesis-related proteins is the role Salicylic acid holds in the resistance to pathogens. 6. SDS PAGE(Sodium dodecyl sulfate Polyacrylamide gel electrophoresis). SDS is anionic detergent consisting of 12 carbon tail attached to sulphate group, which has a negative charge. It also disrupts the non-covalent bond particularly protein and denatures the molecule. The protein can be denatured at certain temperature and lose their shape. At that stage, SDS can stick to the denatured protein due to similar shape and charge ratio as protein. PAGE separates the macromolecule based on their electrophoresis mobility. Smaller polypeptides travel faster and quickly through pores, while large polypeptides travel slower. The polypeptides have similar charge to mass ratio which is dependent only on molecular weight. Factors in Business Cash Budgeting: With Examples Factors in Business Cash Budgeting: With Examples Contents (Jump to) Task One (p3d) XYZ Traders Cash Budget Task Two (p3abc) Alpha Manufacturing Budgets Task Three (p4abc) Beales Manufacturing – Variances Task Four (p2ab) Beales Manufacturing – Standard Cost Bibliography XYZ Traders Cash Budget Introduction In this report Part A presents a cash budget for XYZ Traders for the six month period from December 2008 to May 2009. Part B comments on the cash flow forecast and outlines the benefits of improved cash flow for the Company and recommends management consider a cash flow improvement program. Part A – Cash Flow Budget December 2008 – May 2009 Table 1 Table 1 shows the cash flow budget based on the following criteria: Cash balance as at 1 December 2008 totals  £2,600 Furniture units sold at  £100 each Furniture units purchased for  £60 each Customer collections on the basis of 50% in month of sale and the balance the following month Purchases paid for in the month following delivery Fixed expenses are  £4,000 per month Loan repayment of  £10,000 due in April 2009 Stock units carried over from October into November 2008 unknown Part B – Budget Cash Flow Commentary The cash flow budget/forecast for the next six months: is cash positive for each of the six months under review will generate sufficient cash for the  £10,000 loan repayment on schedule in April 2009 will allow supplier payment on time one month after receipt of goods has a lowest cash balance of  £1,200 at the end of April following the loan repayment in the same month Recommendation – Cash Flow Improvement Program The cash flow budget indicates that XYZ can continue trading for the next six months without recourse to additional funding. However improving cash-flow can have a number of benefits including: reducing the equity required to finance the business reducing loans and interest payments required for working capital releasing funds for expansion and/or new business activities providing funds for profit distribution to the owners/shareholders We recommend management plan and implement a coordinated program to improve cash-flow. Specific areas for consideration are: minimise inventory by introducing a â€Å"just-in-time† (JIT) arrangement where suppliers orders are placed at the time of customer purchase for receipt a day or two before delivery to the customer eliminate inventory (except for show-room stock) by arranging for suppliers to deliver direct to customers under XYZ Traders instructions and identity negotiate extended payment terms with the suppliers, say, three months credit encourage customers to pay the full purchase price on order placement offer sales on credit with a reputable finance company increase sales volumes with well designed and executed advertising and customer incentive programs reduce overheads and expenses with a cost-reduction program Alfa Manufacturing – Budget Report Introduction This report recommends Alfa Manufacturing introduce a budgetary control system. Section A outlines the purpose and benefits of budgets and Section B describes two possible budget formats, incremental and zero based budgeting and examines the advantages and disadvantages of each method. Section A – Budgets, Purposes and Benefits The primary purpose for introducing a budgeting system is to provide the Company with a powerful tool for planning and monitoring business performance. It improves productive effectiveness and enhances coordination between the various arms of management to achieve the overall Company aims. Budgets represent the primary means of communicating agreed-upon objectives throughout the organization. A budget is a formal written statement of the Companies plans for a specified time period. The principle element of a budget is to plan and predict future income and expenditure against a time-scale, usually on a monthly basis covering a calendar or accounting year. Actual income and expenditure is recorded as it occurs and monitored on a regular basis against the plan or budget. The differences between planned and actual results are monitored, reported and the variances analysed and explained. In summary, the benefits of a budget are that: Management must develop a comprehensive plan for the future. Key objectives are agreed for monitoring and performance evaluation. Potential problems are identified well in advance. Coordination of activities within the business is facilitated. Management is more aware of the Companies overall operations. Each level of management participates in the planning, preparation and monitoring of financial activity. The budget must have the complete support of top management and is an important tool for measuring and evaluating managerial performance. Contemporary budgeting has been defined as a system wherein managers are provided with the flexibility to utilize resources as required, in return for their commitment to achieve certain performance results (Deloitte Touche Tohmatsu, 2008). Section B – Budgeting Systems This section contrasts and compares two basic budgeting methodologies currently in use in industry today, Incremental Budgeting and Zero Based Budgeting. Incremental Budgeting (IB) is the traditional approach to budgeting which relies on historical information and the previous years budget as a basis for the preparing the input and data for the following year’s budget. For example, let’s say last year’s sales budget was for 1000 units at  £500, giving sales revenue of  £500,000. For next year’s budget the market for the product is anticipated to improve by 10% giving unit sales at 1100 thus giving budget sales revenue of  £550,000. Similarly costs would be based on last years budget, modified by projected inflationary factors. Anticipated raw material price increases and labour rates are used in the cost of production and increases in say, rent and utilities would reflect in overheads. Managers will prepare their individual budgets based on a series of pre-determined criteria and assumptions which are normally provided by top management, finance and accounts. The advantages of IB are that it is: relatively easy to implement easy to understand and appreciate less time-consuming to prepare than ZBB a â€Å"top down† approach with the same basic assumptions for all The disadvantages of IB are that it: assumes that the budget methodology and cost structure is correct encourages expectations of inflationary increases predicts sales will reflect the market without competitive analysis encourages departments to spend all of their allocated budget Zero Based Budgeting (ZBB) is an approach to budgeting that starts from the premise that no costs or activities should be factored into the plans for the coming budget period, just because they figured in the costs or activities for the current or previous periods. Rather, everything that is to be included in the budget must be considered and justified. (Chartered Institute for Public Finance and Accounting, 2006). Another definition is the use of budgets which start from a present base of zero and regard all future expenditure as being on new items rather than a continuation of existing ones. In practice this means that a budget has to be justified in full for each year of operation (Steven A. Finkler, 2003). In implementing this process each manager must critically examine his own activities and operations and build his budget from scratch. The advantages of ZBB are that it: questions accepted beliefs focuses on value for money links budgets and objectives involves managers leading to better communication and consensus can lead to better resource allocation is an adaptive approach in changing circumstances The disadvantages of ZBB are that it: is time-consuming and adds to the effort involved in budgeting can be difficult to identify suitable performance measures can be seen as threatening–careful people management is required is about costs and resources of options ignoring current practice can be difficult to comprehend and execute by managers with little financial knowledge and skills Recommendation Since Alpha Manufacturing has no previous experience of budgetary control it is recommended that an Incremental Budgeting program is introduced initially. The budget can be prepared using historical data with guidelines and assumptions provided to each manager by the Finance Department. Beales Manufacturing plc:  Flexible Budgeting Introduction This report examines the budget and actual results for October. It flexes the budget to actual output, provides a variance analysis and identifies possible causes for each negative variance. Managerial accountability for each variance is suggested and possible remedial actions for the unfavourable variances identified. The benefits of using flexible budgets are explained and it is recommended that this technique be introduced as a feature of Beales’ regular budget reviews. Variance Analysis and Explanations Table1 shows the results of the budget and actual output for October, flexed to actual output with each variance examined for possible causes, accountabilities and suggested remedial actions. Benefits of Flexible Budgeting Static budgets have the disadvantage of providing a single specific predicted volume of output. In reality, it very unlikely that the actual output exactly matches the budget. Thus any comparison of actual output to budget suffers from the problem that some of the variances, particularly for variable costs such as labour and materials, will be as a direct result of the differences in the volume of output. Flexible budgets provide an after the facts device to tell what it should have cost for the volume level actually attained (Steven A. Finkler 2003) They are a useful tool for analysing the effects of variations in volume of output against the original budget. Dennis Caplan (2006) suggests that â€Å"the motivation for the flexible budget is to compare apples to apples. If the factory actually produced 10,000 units, then management should compare actual factory costs for 10,000 units to what the factory should have spent to make 10,000 units, not to what the factory should have spent to make 9,000 units or 11,000 units or any other production level.† Recommendation For Beales Manufacturing to make the best use of the budgeting process it is recommended that flexible budgets are prepared each month. Variance analysis as demonstrated above will assist management to implement contingency plans to correct any unfavorable trends and enhance profitability. Beales Manufacturing plc:  Standard Costing Introduction This section defines and describes the principles of Standard Costing. It is an accounting technique which provides a powerful tool for management to analyze business performance and plan improvements. An example of a standard cost is derived from the October budget and the use of variance analysis to identify problem areas and possible remedial actions. Definition Standard costing involves the development of a product or service cost using estimates of both the resources consumed and the prices of those resources. The standard cost may then be increased by an estimated profit margin to produce a standard selling price. These estimates of cost and revenue then provide a foundation for further planning and control (Barrie Mitchinson 2000) Illustration The best way to illustrate the benefits of standard costing is to use the October budget data to arrive at an example of a Standard Cost. This cost can then be compared with the actual unit cost for October and the variances analysed as shown in Table 3 below. Standard Unit Cost vs. Actual (October) From this analysis specific product cost information can be derived. For example, although raw material costs per meter were below standard cost, more material than standard was required to complete the production schedule. Why was that? The manager responsible for production will be able to use the information to investigate the unfavourable variance. Possibly scrap rates were excessive so improved quality control could help reduce or eliminate the problem. Raw material costs were also above standard which will alert the purchasing manager to an overrun of purchasing costs which may require action. Recommendation We recommend that Beales consider the introduction of Standard Costing to provide management with a powerful tool to improve efficiency, productivity and product profitability. Bibliography Deloitte Touche Tohmatsu, 2008, Budgeting Budget Controls  http://www.deloitte.com Chartered Institute for Public Finance and Accounting, 2006, Zero Based Budgeting Briefing Paper, http://www.cipfa.org.uk Steven A. Finkler, 2003, p158, Finance Accounting for Nonfinancial Managers, CCH Tax and Accounting Steven A. Finkler, 2003, p162, Finance Accounting for Nonfinancial Managers, CCH Tax and Accounting Dennis Caplan, 2006, Management Accounting: Concepts and Techniques, OSU College of Business, http://classes.bus.oregonstate.edu Barrie Mitchinson, 2000, Standard Costing and Fixed and Flexed Budgets, Association of Chartered Certified Accountants, http://www.accaglobal.com

Greece Essay -- Ancient Greece Essays

Greece Greece was founded in 3000 B.C. Greece is located in Southern Europe, bordering the Aegean Sea, Ionian Sea, and the Mediterranean Sea, between Turkey and Albania. Greece’s area can be compared to the size of the state of Alabama. Between 3500 and 3000 B.C., society was becoming more complex. Villages built during this time were becoming larger. However, the population increased at a slow rate. During the second millennium B.C. two Greek civilizations evolved - the Minoan in Crete and the Mycenaean on the mainland. Sometime around 1349 B.C., the Mycenaean peoples conquered the island of Crete, and the Minoan civilization basically stopped evolving. Archeologists and historians discovered that Minoans first wrote in the Greek language and the Mycenaean’s first spoke it. There was a time called the â€Å"Dark Age†. It was from approximately 1099 B.C. to 800 B.C. This is the time when things seemed to fall apart. An example is when a revolution occurs. In this case, peasants rebelled against the military rulers. It is believed that the Mycenaean’s were very strong in their armed forces, and that probably caused their own destruction. Things became unruly. People were just trying to survive. They lived in smaller communities and farmed for themselves. The population growth slowed down to probably its lowest levels. Sometime around 800’s B.C., things began to change again. Things were starting to get better. Renaissance is another word for re-birth. That is what was happening to this country. Between 750 and 500 B.C., the Greeks had founded colonies in many parts of the Mediterranean Basin and the Black Sea. The ports of Argos and Corinth, on the eastern side of the country, grew very fast and trade with the Near East began to grow. Metals were traded with the Near East and Italy. Because things were going good and the population rose, we all know, having more people means needing more food to eat and more land to expand on. This meant more explorers were needed to settle more areas and the expansion of Greece was underway. In the eighth century B.C., (799 to 700 B.C.), the concept of â€Å"polis† began to develop with the rich people to replace the poor people. The tyrants were often related to the rich people. The success of the tyrants created a new rule. That rule was that you don’t have to be born a prince or princess to rule a territory. After abo... ...thousands died because of no food. In all more than 500,000 people lost their lives. During the Civil War that followed, 80,000 more died. The national economy went down the drain. With a lot of help from the United States, things started to turn around for the better. During the 1960s the military took control of the government. The people began feeling like they were losing their freedom. Military leaders and politicians decided to â€Å"clean house†. They agreed that the way to do that was with a new constitution and a vote of the people to get rid of the monarchy. Instead a president was given considerable powers and they were not abused. In the 1970s through the 1980s democracy was finally in place. The European Union began its presence in the 1990s. Many of the European Union’s richer countries worried about Greece’s poorer status. But all of the many countries, including the United States, are richer because of their contact with Greece and its rich history. One of the most recent events was the 2004 Olympic Games in Athens. Over 11,000 athletes, from around the world, came together to compete in many different sporting events. It was a huge success and fun to watch on TV.

Timeline 1945-1964 :: essays research papers

1945 Ho Chi Minh and his People's Congress create the National Liberation Committee of Vietnam to form a provisional government following the surrender of Japan to Allied forces and Japan transfers all power to Ho's Vietminh. President Roosevelt dies Making good on his threat to unleash "...a rain of ruin the like of which has never been seen on earth...," President Harry Truman authorizes the dropping of two atomic bombs on Japan -- one on Hiroshima on August 6, and a second on Nagasaki on August 9. The Japanese surrender. Ho Declares Independence of Vietnam. British Forces Land in Saigon, Return Authority to French.1946 France recognizes Vietnam as a "free state" within the French Union. French troops replace Chinese in the North. Negotiations Between French and Vietminh Breakdown. Indochina War begins. 1947 Vietminh move north of Hanoi. Marshall Plan announced. French General Etienne Valluy attempts, and fails, to wipe out the Vietminh in one stroke. 1949 Bao Dai and President Vincent Auriol of France sign the Elysee Agreement. As part of the agreement the French pledge to assist in the building of a national anti-Communist army. NATO formed. Volkswagen introduced in US. 1950 Chinese and Soviets offer Weapons to Vietminh. Record heist in Brink's robbery. When Communist forces from North Korea invade the Republic of South Korea on June 25, President Truman appeals to the United Nations to take action. The UN quickly brands North Korea the aggressor, and Truman follows up by sending US air and naval support to Korea immediately thereafter. The United States sends $15 million dollars in military aid to the French for the war in Indochina. Included in the aid package is a military mission and military advisors. 1951 Ho Chi Minh creates Workers' Party. Truman dismisses General Douglas MacArthur . Worst floods in US History inundate Kansas and Missouri. 1953 France grants Laos full independence. Rosenbergs executed for Espionage. Vietminh forces push into Laos. 1954 A force of 40,000 heavily armed Vietminh lay siege to the French garrison at Dienbienphu. Using Chinese artillery to shell the airstrip, the Vietminh make it impossible for French supplies to arrive by air. It soon becomes clear that the French have met their match. Supreme Court rules on Brown v. Board of Education. Responding to the defeat of the French by the Vietminh at Dienbienphu, President Eisenhower outlines the Domino Theory: "You have a row of dominoes set up.

Social Tension of the 1920s and Nativists

Christopher Nieves The social tension of the 1920s was to a large extent due to backlash from Nativists and the KKK towards immigrants. With the immigrant surge threatening jobs and tainting the white Anglo-Saxon society, the idea of nativism began to proliferate through the minds of native born Americans. Social conflicts often came to violent ends by the hands of members of the â€Å"Ku Klux Klan†, they too had a nativist mindset however they focused primarily on African Americans but harbored hatred towards anyone who is not of Anglo-Saxon descent.These two movements made for a dangerous society, and made matters even more difficult for penniless immigrants trying to survive. Starting up around 1890 but plateauing in the 1920s nativists and labor unions fought for immigration restriction. In 1921, an emergency immigration act was passed which established a quota system that decimated the amount of immigrants granted access to the States. America had never before seen such a surge of immigrants before, over 25million people over the course of thirty years, and this was the first time that Italians, Poles, Jews and Slavs had come to America in mass.Nativists worked to do anything they could to belay immigrant progress in society, and with the economic prosperity of the twenties they realigned their beliefs behind religious and racial nativism. Following the First World War, nativists throughout the twenties focused their attention of Catholics, Jews, and southeastern Europeans. These people were different than the immigrants that had come before in that they had much more difficulty assimilating with the language barrier and even in appearance. Difficulty communicating made getting a job and education much more difficult and for Hasidic Jews stood out with their distinct religious garb.When the migrants from England and Ireland and the like came over they could communicate much easier with Americans which significantly helped them out. Well over half of the American population before the immigrant surge could trace their lineage to either the British Isles or to Germany, these people also tended to be fair-skinned and Protestant. The racial concern of the anti-immigration movement was closely linked the eugenics movement that was gaining popularity in the twenties. Nativists grew more concerned with the racial purity of the United States, uch groups as the Ku Klux Klan were able to flourish as a result of this movement. The rebirth of the KKK or the second Klan was strongly due to the anti-immigrant attitude of America in the twenties, as it had basically died out after the civil war. They also tended to view the darker-skinned, Catholic or Jewish new immigrants as â€Å"inferior† and lacking the Anglo-Saxon temperament required to maintain a free society. Furthermore these â€Å"threats to society† lacked work ethic, self-discipline and could not be trusted not to throw their votes away to machine politics which wer e largely successful during this time period.The film The Birth of a Nation was released in 1915 glorified the KKK, and although its director didn’t intend to, the film helped gain the Klan popularity. At first the Klan like it always had focused on intimidating blacks, however focus turned towards Catholics, Jews and foreigners. The Klan devoted itself to purging American life basically of anyone not a white Anglo-Saxon, proving their devotion by lynching impure, foreign people and burning crosses.To say this hate was group engaged in â€Å"social conflicts† is an understatement. The economic prosperity of the â€Å"roaring twenties† overshadowed its escalating social tension. Although America was colonized by immigrants, the â€Å"nativist† movement worked to throttle immigration and ostracize migrants viewing them as impure and inferior. The hypocrisy of the entire movement is incredible. Extremist groups like the KKK took racism to a new level resorti ng to medieval tactics like lynching and cross burning.