Resistance of a Wire †Triple Science Essay

I also will be measuring the wire using a meter ruler and will be keeping the temperature down by keeping the power pack level at 2volts. Apparatus 1. 1 Metre Ruler 2. 1 Power Pack 3. Sellotape 4. Variable Resistor 5. Ammeter 6. Voltmeter 7. Constantan wire Method I connected my circuit together as shown in the diagram above. I attached the wire to the meter ruler using pins. As I carried on doing the experiment I adjusted some of the wires to make sure everything was correct and in place. Steps: 1. Adjust one metre length of constantan wire onto the metre ruler, and added the pins. 2. Adjust and connect all the wires together 3. Turning on the power pack. The voltage and current are then read off the ammeter and voltmeter 4. The power supply then turned off, and the crocodile clip moved to the next position I counted the seconds of how long the power pack was on for to test for the investigation, my partner then read the results, and wrote it down, while I moved the clip to the next position. I double checked my results, making sure I was close to the true value, so I had no outliers. Results. When doing my experiment on the different lengths of the wire, I double checked everything, to ensure that everything was correct, and there was no in-corrections. I recorded my results in the table below: Length (cm) Voltage (V) Current (I) Resistance (a ¦) Voltage (V) Current (I) Resistance (a ¦) Voltage (V) Current (I) Resistance (a ¦) 1I saw that I had no outliers. I then calculated the means of the voltage, current and then from that calculated the resistance (V/I). R1 R2 R3 Mean Range From the tests and my graph, I acknowledged that the longer the wire, the larger the resistance. My graph gives a positive correlation. When I doubled the length of the wire, the resistance also doubled, for example, when the wire was 10cm, the resistance was 0. 15 (a ¦), When the wire is 20cm, the resistance was 0. 31cm. Therefore, the fact that the resistance increases with the length, I have gathered that the longer the piece of the wire, the further the electrons have to travel, which means there are more ions for the electrons to bump into, so when the length of the wire doubles, the more ions there are for the electrons to bump into, which makes the resistance increase. As the length increases, the resistance of the current increases because the current has further to go through in the wire, thus it has to go past more stationary atoms, which cause more collisions, and therefore there is more resistance. However, I believe that my results are reasonably reliable, because i repeated my experiment twice, and i double checked my calculations for the mean. My line on the graph, were mainly on the best line of fit. Fair Test To ensure that my tests and results were fair, I had to keep variable the same. The variables that I had to keep the same where the temperature of the wire, due to the face that the wire gained more thermal energy as the ions began to vibrate (This would sometimes become a problem when the wire was ‘10cm’, because the wire was not as long.) However it seemed to be fine, which was expected because I chose ‘constantan’, which is proven to have a very low temperature increase. Another factor that I had to keep the same is the material of the wire because depending on the material, each material conducts different amounts of heat, which would affect the resistance. Reliability To make sure that my readings were all reliable, I had to double check and repeat my experiment again, so that I could spot any errors in my results. Using the wide range of lengths from 10cm to 1 metre allowed me to get a good range of results so that I could make a good conclusion. Accuracy To make sure that my test was accurate, I had to control the various procedures of the tests. One way in which I did this, was to measure the length of the constantan. The reason why I did this is to make sure that all my tests were accurate, and that my results would be close to the true value, or at least reliable. Safety To make sure that all the tests are done safely, the power pack settings will be under 5 volts, so that the constantan wire will not get too hot and burn. If I did not take this safety measure into consideration then it could damage and affect the experiment, and give un-reliable results. Also all bags and outdoor clothing will be away from the experiment, in case any heat causes any accidents. Evaluation At the start of the investigation, I don’t believe that I started off to well, as I was behind the rest of my peers, because my partner and I was a bit confused. However, when I understood what I was doing, I soon caught up, and was off to a flying start. The length investigations went very smoothly. I did find that sometimes, it was quite difficult to be accurate with whether the tip of the crocodile clip was exactly on the measurement I wanted, because it would make around etc. One way I could have made sure that I was doing this accurately, was to make sure I pinpointed, If I had ensured this, I would have got more accurate readings, and much more precise measurements. Copper Atoms Electrons 3rd Test 2nd Test 1st Test Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Electricity and Magnetism section.

Memory

Three participants ages 19, 19, and 20 were asked to listen to three lists of words whose contents ranged from low to high association. The low-association list was defined by words that had no particular relation to each other. Conversely, the high-association list was characterized by words that had very close relationships with each other, whereas the in-between list of medium association contained words among which loose relationships existed. Each list contained ten words. The three lists were read to each participant in a slow and systematic way, leaving an interval of approximately one second between the calling of each word. Each participant was then given a minute to write down as many words as they could recall. The average number of words remembered from the low-association list was three (3), which represents a low level of recall for short term memory. This is consistent with the idea that the brain employs a short-term memory system that is able to hold limited information, and this can be done for only a short time without the aid of semantic prompters (Brown et al., 1985). The group of words on the low-association list contained almost no semantic prompters, as these words belonged to no specific category that could have been called up in the schema of the persons involved in the experiment.    As a result, the first few words called in each list allowed the participants no leeway to use schema as a mnemonic device for recalling them. Relying therefore only on short-term memory, the participants were able only to remember a small portion of the words. It is also important to note that those which were remembered were the ones located near the end of the list. This indicates that the effort to remember those later words nullified any earlier efforts made at memorization, and consequently removed the earlier words from the participants’ short-term memory. The second list of words containing a limited number of related words (medium association) showed a recall level for the participants of approximately six (6) words. The final two words on the list were recalled by two of the participants, and the other recalled the last word. However, the few words on the list that were related were universally recalled by the participants. The experiment apparently enabled them to make connections among the related words and to further connect them to a category in their schemata. This occurrence points to the tendency of the mind to categorize the information it receives, and the long-term memory of these participants appears to have been activated by associating the related words to their appropriate category. This categorization is most likely the factor that aided the short term memory of the participants, allowing them to recall a greater percentage of the words (almost twice as many) than they were able to recall from the first list. The third list contained words that were all highly related to each other. The experiment demonstrated even more the extent to which semantic categorization has the ability to aid short-term memory. The participants remembered an average of approximately nine (9) words on the list. This represents a vast increase over the previous two tries. This part of the experiment indicates the participants appeal to their long term memory as an aid in memorizing the contents of this list. For instance, despite the fact that the words on the low-association list were familiar words, their ability to remember them was compromised by the fact that they had no method of selecting them from all the other things that reside in their memories. Conversely, the fact that the words from the third experiment were all members of a particular category allowed these participants to use the taxonomic feature of long-term memory to aid recall in this memory experiment (Brown et al., 1985). The parallel trend of increased remembrance alongside increased association therefore underlines the importance of schema in the enhancement of memory. Reference Brown, A. S., S. L. Whiteman, R. J. Cattoi & C. K. Bradley. (1985). â€Å"Associative strength level   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   and retrieval inhibition in semantic memory.† The American Journal of Psychology.    98(3):   421-432.   

Boeing Bond Analysis

Boeing Bond Analysis Presented to Dr. —– Prepared by Filipe Ferro October 9, 2012 Table of Contents Boeing Company3 Bond Issue3 Unsystematic Risk4 Principal Repayment4 Debt to Invested Capital4 Debt to Equity4 Current & Quick Ratios5 Interest Repayment5 Times Interest Earned5 Credit Position6 Competitor Analysis6 General Dynamics6 Northrop Grumman7 Systematic Risk7 Market Responsiveness7 Duration8 Modified Duration9 Accuracy of Rating9 Interest Rate Expectations9 Summary10 Appendix11 Descriptive Statistics11 Regression Analysis11 Duration & Modified Duration12References13 Boeing Company Boeing is a manufacturer of aircrafts and national defense equipment making it a member of the Aerospace & Defense industry. It was founded in Seattle, Washington on July 15, 1916. It is headquartered in Chicago, Illinois, USA. Commercial aircraft include the 737, 747, 777, and very recently, the 787. Military products consist of high-dexterity and stealthy aircraft such as a the A-10 Th underbolt II and highly-efficient and powerful satellites such as the Boeing 601. 1 Its biggest competitors are Northrop Grumman, General Dynamics, and Airbus.According to Morningstar, Boeing employed 171,700 people and revenue reached $69 billion in 2012. 2 Bond Issue The bond I have chosen to analyze is a debenture with a maturity date of August 15, 2021. Morningstar shows this bond issue consists of 400 million $1,000 par value bonds with 398 of them outstanding. The bond is a semi-annual fixed coupon bond with an annual rate of 8. 75%. The accrual start date was August 15, 1991. The original life of the bond was 30 years and the remaining life as of October 2012 is a little over 8 years and 10 months.This bond issue is non-callable, non-putable, non-convertible, and it is not subject to Rule 144A. These bonds are currently selling at 135. 20% of par value as of September 29, 2012, making their price $1,352. Standard & Poor’s NetAdvantage rates this issue as an A. Its curr ent yield ratio is 6. 47. I have always been enthusiastic about airplanes. My first experiences in flight were in Boeing aircrafts. I also chose this bond issue because of Boeing’s large size, reputation, and financial security.Selecting a debenture is risky and requires strong financial security since the only security backing it is the issuing company’s credit rating. With a current yield of 6. 47 resulting from the relatively high coupon rate of 8. 75%, this is a great bond for a fixed income (coupon pays $87. 50 annually). Unsystematic Risk Principal Repayment Debt to Invested Capital In recent years, Boeing’s debt to capital ratios have been 42% for 2007, 112. 9% for 2008, 85. 2% for 2009, 80. 6% for 2010, and 74. 0% for the end of 2011. Boeing’s total debt to invested capital ratio is 65. 3% (as of June 2012)3. Standard & Poor’s calculates this as (total debt)/(total equity + total debt), 2,466,000+8,735,0005,892,000+11,201,000. This means th at debt makes up about 65% of all invested capital. Boeing still has 35% of capital that is not tied to debt. This is good compared to the last few years. This ratio is on a downward trend. Debt to Equity Boeing’s total debt to equity ratio is 1. 51 (as of June 2012) 3, meaning that for every $1 in equity there is $1. 51 of debt. This is calculated as 8,735,0005,804,000 on the balance sheet.According to Standard & Poor’s Industry Survey, Boeing’s debt to equity ratio at the end of 2011 was 2. 85. The Aerospace & Defense industry average from 1981 to 2011 was 0. 90. 4 The industry survey states that Boeing’s high debt to equity ratio is due to its â€Å"financial arms† since it has a large financing department. It is also probably due to its new model plane, the 787 Dreamliner, which requires a relatively expensive manufacturing processes – unibody parts made up of composite carbon fiber materials – and advanced electronics and sensors . These higher costs require raising more capital than the average model plane.While debt has priority over equity in being repaid, debentures are at the bottom of the list, which is why this high ratio may be a concern for holders of Boeing’s bond issues. If bankruptcy occurs, debentures will be the last of debt holders to get paid. Although it is not exactly good to have this somewhat high ratio, knowing that Boeing has a brand new and appealing aircraft reassures that positive future cash flows will cover this financial leverage. S&P’s NetAdvantage highlights the potential sales to emerging airlines from China and airlines with old worn out planes in the U. S. and Europe.S&P’s industry survey states â€Å"China, India, the Middle East, Eastern Europe, and Latin America, will drive growth in global air travel and demand for new aircraft. †4 The market for aircraft purchases looks like it will grow in the coming years, thus Boeing will have greater oppor tunities for sales. Current & Quick Ratios The current assets to current liabilities ratio was 1. 22 for the 4th quarter of 2011, which means every $1 in current liabilities is covered by $1. 22 in current assets. Boeing has enough current assets to pay off all its current liabilities if it needed to do so. The current ratio has been 0. for 2007, 0. 8 for 2008, 1. 1 for 2009, and 1. 1 for 2010. The current ratio has been on an upward trend since 2008 which would imply added financial security in forecasts. But the current ratio assumes that a company’s current assets are highly liquid. This might not be the case with Boeing, whose inventory is made up of large and expensive aircraft and is not as highly traded as smaller inventory such as food in a grocery store. The quick-ratio would be more accurate for Boeing, which is 0. 39. Boeing – using only its instantly liquid assets – would not be able to pay off all of its short-term liabilities if it was required to. Interest Repayment Times Interest Earned As of December 31, 2011, Boeing had a net income of $4 billion and an interest expense of $498 million. Its times interest earned for the year of 2011 was 4,011+498498=9. 05. From 2006 to 2010, times interest earned has been 4. 72, 21. 7, 6. 12, 4. 94, and 7. 42 respectively. From these figures, it seems that Boeing’s TIE ratio has been on an upward trend since the 2009 ratio of 4. 94. The most recent ratio of 9. 05 suggests that Boeing is capable of paying its interest expense since its profit is over 9 times greater than its interest expense. Credit PositionAccording to Mergent Online, Boeing has never had a bankruptcy proceeding of any type (chapter 11 restructuring, etc), which implies that it has never defaulted on any of its debts. Mergent also states Boeing â€Å"had $4,600,000,000 available under credit line agreements†5. Considering Boeing already has $12,371,000,000 in long-term debt, $4,600,000,000 is still considerab le amount. Boeing is still within reasonably comfortable limits within its credit line usage. In addition, Standard & Poor’s Bond Guides shows that it has rated this issue of Boeing’s bonds in the A range for the last 4 years.Overall, Boeing seems to have good character. Many of Boeing’s bond issues have been rated as A+ over the last 4 years. Competitor Analysis General Dynamics General Dynamics currently has 2 outstanding bond issues, both rated A by Standard & Poor’s. Its debt to invested capital ratio in the 4th quarter of 2011 was 22. 6% compared to 74% for Boeing6. General Dynamics’ assets are tied to a much lower amount of debt than Boeing. The current ratio for General Dynamics is 1. 4 as of 2011 while Boeing’s was 1. 2. In addition to its low debt to capital ratio, its debt to equity ratio is also low at 3,930,00013,232,000=0. 0. Boeing’s debt to equity ratio is a little higher at 1. 51. With a higher debt to equity ratio, Bo eing’s leverage is slightly larger. Boeing’s bond issue may have a little more risk of being subordinated by other bonds. A low debt to equity ratio reflects a financial healthy company because it means that it needs a relatively small amount of financial leverage. Times interest earned for the year of 2011 was 2,252+155155=15. 53. Again, this makes General Dynamics’ bonds less risky. In contrast, Boeing has more liquidity in its stock at an average trading volume of 4,344,230.General Dynamics’ average trading volume is only 1,642,0007 which means General Dynamics’ ratios are subject to more volatility. With a higher trading volume and a new, cutting edge plane, this may offset Boeing’s higher risk compared to General Dynamics. Northrop Grumman The current ratio as of the 4th quarter of 2011 for Northrop Grumman was 1. 4. Its debt to equity ratio was 3,948,00010,715,000=0. 37. Times interest earned was 2,086+221221=10. 44. 8 Like General Dyn amics, Northrop Grumman’s ratios also suggest lower unsystematic risk compared to Boeing.Although the bonds may also be more volatile because just like General Dynamics, Northrop Grumman has a much lower average trading volume (at 1,533,070) than Boeing does. Systematic Risk Market Responsiveness Date| YTM-Boeing| YTM-Avg. A Rated Market| Mar-08| 5. 28%| 6. 24%| Jun-08| 6. 09%| 6. 43%| Sep-08| 6. 01%| 6. 55%| Dec-08| 7. 16%| 6. 70%| Mar-09| 6. 50%| 6. 66%| Jun-09| 5. 92%| 6. 39%| Sep-09| 4. 96%| 5. 56%| Dec-09| 4. 69%| 5. 77%| Mar-10| 5. 13%| 5. 80%| Jun-10| 4. 69%| 5. 44%| Sep-10| 3. 67%| 5. 01%| Dec-10| 3. 89%| 5. 52%| Mar-11| 4. 56%| 5. 52%| Jun-11| 3. 93%| 5. 26%| Sep-11| 3. 66%| 4. 54%| Dec-11| 3. 0%| 4. 40%| Mar-12| 3. 32%| 4. 51%| Jun-12| 2. 63%| 4. 14%| Sep-12| 2. 56%| –. –| Below is a list of Boeing’s yields to maturity and the AA-rated bond market yields to maturity according to the S&P Bond Guide: Yield to maturity has been on a downward trend since December 2008 for both Boeing and the rest of the AA-rated bond market. It seems like the YTMs for Boeing and the rest of the market move together. The null hypothesis for this situation would be that the market movement has no correlation to Boeing’s movement in YTMs; therefore the slope would be 0 for a linear regression of the scatter plot below.The alternative hypothesis is that the market does have some influence. The null hypothesis can be tested with some calculations. The test statistic is calculated by taking the value of the beta 0. 96 and dividing it by the standard error of 0. 11132, we get 8. 62. Using the test statistic and a level of significance of 10%, the corresponding P-Value is 0. 0000000007. Anything to the left of the 10% level of significance is a rejection of the null hypothesis. The P-Value is well below the level of significance of 10% and therefore the null hypothesis should be rejected.This means that the population coefficient of determinati on is not equal to 0 according to our sample of 18 periods. The sample yields a coefficient of determination of 0. 91. Boeing’s movement in YTM can be explained by a movement in market YTM 91% of the time. Boeing’s YTMs have a strong positive correlation with the market’s YTMs and makes its bond issues just slightly less volatile to movements in the market. Duration This bond issue has a par value of $1,000 and a coupon payment of 8. 75% semi-annually. The coupon payment is $87. 50 and the latest rate for the AA bond class, according to the Wall Street Journal, is 1. 3%9 as of October 2, 2012. The present value of this bond is $1,569. 44. The weighted present value of this bond is $11,157. 82. The current duration for this bond issue is 7. 11 years. It will take a little over 7 years for this bond to cover the initial investment. Modified Duration The modified current duration is calculated as the current duration divided by 1 + (bond class interest rate). In th is case it is 7. 111+0. 0183=6. 98. This means that for every 1% increase in market interest rates, this bond issue will go down 6. 98% in value. Accuracy of RatingStandard & Poor’s definition for an A rating is defined as a â€Å"strong capacity to meet financial commitments, but somewhat susceptible to adverse economic conditions and changes in circumstances. With a beta of 0. 63 and a current duration of 6. 98%, it seems like the rating of A is accurate according to the â€Å"somewhat susceptible to adverse economic conditions† part of the definition. For the â€Å"strong capacity to meet financial commitments†, I also feel like this fits Boeing since it has a times interest earned ratio of 9. 05 and a current ratio of 1. 22. Interest Rate ExpectationsAccording to the Federal Reserve Board press release of September 13, 2012, the announced quantitative easing program will keep bond prices high and interest rates low, at least for the short-term (next year). Also, the economy has expanded somewhat in recent months, but still at a lower than expected rate10. This suggests that interest rates will remain mostly unchanged since there is not a lot of spending. The Washington Post’s front-page article on October 2, 2012, stated that Americans â€Å"do not want to take any risks with their money – even as the government is encouraging risk-taking†11.According to the Fisher Effect, when expected inflation rises, interest rates will rise12. With low inflation expectations, we can expect a continuation of low interest rates. Instead of trending they will be â€Å"ranging†. As of October 2, 2012, a 10-year Treasury bond had a yield of 1. 64% while AA-Rated bonds had a yield of 1. 83%. The spread is 0. 19. The present value of a single bond from this issue is $1,569. 44. With interest rates rising only 10 basis points by the end of this year and with a modified duration of 6. 98, the present value will drop by 0. 698%. $1,569. 44(1 – 0. 00698) = $1,558. 9. The estimated yield to maturity for Boeing one year from now with a 20 basis point increase is YTM-BA = -3. 2949 + 1. 4426(4. 34) + 0. 001 = 2. 97% for Boeing, up from 2. 63%. 4. 34% is 20 basis points above the last market YTM data point of 4. 14%. This small rise in interest rates means Boeing’s bond issue is going to drop slightly in price. Summary I would definitely buy this bond despite some of its shortcomings. Boeing may be heavily leveraged at the moment, but it still has other ratios that show its financial health, such as market capitalization, the debt to equity ratio of 1. 1 and the current ratio of 1. 22. Additionally, Boeing’s new model airplane, the 787 Dreamliner, is a positive prospect for future financial health. According to Mergent’s records, Boeing has never defaulted on its loans before and with 96 years of history I wouldn’t expect a default any time soon. Appendix Descriptive Statistics YTM-BA%|   | YTM-A%|   | |   |   |   | Mean| 4. 755| Mean| 5. 58| Standard Error| 0. 291509762| Standard Error| 0. 193077925| Median| 4. 69| Median| 5. 54| Mode| 4. 69| Mode| 5. 52| Standard Deviation| 1. 236771176| Standard Deviation| 0. 19160259| Sample Variance| 1. 529602941| Sample Variance| 0. 671023529| Kurtosis| -0. 700358347| Kurtosis| -1. 043305373| Skewness| 0. 246024371| Skewness| -0. 261513425| Range| 4. 53| Range| 2. 56| Minimum| 2. 63| Minimum| 4. 14| Maximum| 7. 16| Maximum| 6. 7| Sum| 85. 59| Sum| 100. 44| Count| 18| Count| 18| Regression Analysis Duration & Modified Duration References 1Boeing. (1995). A-10 Thunderbolt II. Retrieved 2012 05-October from http://www. boeing. com/defense-space/support/maintenance/a10/index. html 2Morningstar. (2012, September 28). Boeing Co BA. (N.Dihora, Editor) Retrieved September 29, 2012, from Morningstar: http://www. morningstar. com 3Standard&Poor's. (2012, October 02). Boeing. Retrieved October 02, 2012, from Standard ;Poor's NetAdvantage: http://www. netadvantage. standardandpoors. com 4Tortoriello, R. (2012 26-July). Industry Surveys: Aerospace & Defense. Retrieved 2012 05-October from Standard&Poor's: http://www. netadvantage. standardandpoors. com. proxymu. wrlc. org/NASApp/NetAdvantage/showIndustrySurveyPDF. do? loadIndSurFromMenu=pdf 5Mergent Online. (2011, December 31). Boeing Co. (The) (NYS:BA): Long Term Debt.Retrieved October 1, 2012, from Mergent Online : www. new. mergentonline. com. proxymu. wrlc. org/companydetail. php? pagetype=longtermdebt;compnumber=1048 6Standard;Poor's. (2011, 12 31). Genl Dynamics. Retrieved 10 02, 2012, from NetAdvantage: http://www. netadvantage. standardandpoors. com. proxymu. wrlc. org/NASApp/NetAdvantage/cp/companyFinancials. do 7Yahoo! (2012, October 03). General Dynamics (GD). Retrieved October 03, 2012, from Yahoo! Finance: http://www. finance. yahoo. com/q? s=GD 8Yahoo! (2012, October 03). Northrop Grumman Corportation (NOC). Retrieved October 03, 2 012, from

Comparing Human Resource Management in Multinational Companies in Hong Literature review

Comparing Human Resource Management in Multinational Companies in Hong Kong, and HRM in Hong Kong Local Companies - Literature review Example Their study was carried out to cover how local managers and professionals are managed in Western companies under joint ventures with local industries. Their study was able to cover 65 Chinese-Western joint ventures and they were able to establish that various Western human resources management have been implemented in China (Bjorkman and Lu, 1999). However, these companies were not able to completely implement human resources practices from their home country to their Chinese company. In other words, the local culture seems to play a huge part in the human resource management practices in Chinese companies. Sparrow and Hiltrop (1994) discuss that for Western companies, the assessment of performance are usually based on annual interviews between the individual and his or her superior, sometimes with the HR managers taking some part in the assessment process. For Chinese companies, individual employees usually take yearly self-assessment activities with the opinions of colleagues, subo rdinates, and superiors often considered in the evaluation process. One-on-one interviews as discussed by (Easterby-Smith, et.al., 1995) are not usual practices. Easterby-Smith, et.al., (1995) also point out that an imposing and personal approach to employee evaluation is avoided as much as possible for these Chinese companies. For MNCs operating in China, their HR practices are often influenced significantly, especially in relation to their local employees. The expectation for most local employees is for the application of their local culture in HR management and for multinational corporations (MNCs) the concessions would be an easier transition for them to make (Easterby-Smith, et.al., 1995). Child (1995) also discusses the focus given to individual performance and educational attainment predicting career development for Chinese firms. Moreover, favourable personal relations and the right political attitude seem to play also a strong role in the human resources management in Hong Kong firms. Favourable personal relations are part of the cornerstone of the Chinese culture which is also part of the socialist principles of management (Child, 1995). Wages have traditionally been managed by government bodies and age was often considered one of the most crucial predictors of employees’ earnings in government enterprises. In the 1990s, age became the more important determinant for earnings. More advanced education and training was also considered an important determinant for pay levels (Child, 1995). MNCs operated under these conditions and eventually influenced the determinants of pay levels in Asian companies. However, there are still differences in the management of these elements for local companies and MNCs in China because there is still resistance to the implementation of reform in the system, especially in relation to group incentive processes (Easterby-Smith, et.al., 1995). Bjorkman and Lu (1999) also emphasize that Western and Chinese models in HRM are different in various respects. For modern Western conceptualization of HRM, they consider employees as important resources which must be effectively managed. They consider the importance of systematic recruitment as well as training and development of human resources. They also consider personal involvement and participation in organizations as important

How can we combine Homeric texts and archeology to learn more about Essay

How can we combine Homeric texts and archeology to learn more about elite behaviour in Greek Society What are the difficulties - Essay Example What they help archaeologies in achieving are the clues of the things they need to study. They provide a road map on what to explore and the direction to take in the study of these ancient remains. Among the clues that have been provided before are the study and the investigation of the ancient Greek world in the tradition of Schieman digging at Troy with the hand of Iliad. To enhance the understanding of the past human activities, archeologists often utilize classical texts in conjunction with archeology to understand past way of the Greek world. The study of the past is also instrumental as it helps archeologist in understanding the contemporary way of life in relation to the origin of human activities. This paper focuses on how classical text in conjunction with archeology helps in the understanding of the ancient and the elite behavior of the Greek society as well as the probable problems that are likely to be faced in the study of past and present human activities. ... He wanted that that entire he does to come out to be beautiful (Kardaras 2011). The narrative rivets this thought by explaining how Walt was dying for excellence. He always wanted the best products and always did awesome jobs. Through the narrative, it is also beautiful to learn that Walt’s craziness and obsession with aretes, excellence pushes him into the production of the purest meth (Ross, & Hook, 2006). During the moments of war, archeologists through the script and text analysis discovers that during the moment of greatness and war, Homeric heroes displayed the strength and the might of aretes during the war. In search of recognition and honor, Walt took his good time in the meth lab to come up with exceptional and the most refined weapons. The second value held by the Homeric that inspires Walt is Kleos: that is, the urge to personal glory and might. In other words, the Greeks wanted to be known for something. In this case the subject wanted to be known for arete. Throu ghout the story, it is evident that the major motive that drives one to work is the desire to achieve something significant. The Greek education and culture have been dominated by the pursuit of excellence and the urge to greatness: personal glory. The Homer’s and Illiad are paeans and pursuant of arete. These very urges and desires still dominate the contemporary Greek way of life. A noble and apos aretes in Homer, is indicated by the acuity of his prowess in war and the excellence of his weapon manufacturing. In athletics, he is seen as a person who is peaceful and admirable (Sissa, & Detienne 2000). Both of these occasions, war time and moments of peace are all of immense value in show casing the

Poem Essay Example | Topics and Well Written Essays - 250 words - 5

Poem - Essay Example rtant to pronounce different words with different loudness to create necessary rhythm, and it is also possible only after reading a poem for several times. My pronunciation was rather good and developed while articulation requires more and more practice. I was not able to change the pitch, rate, and volume as fast as I needed and that is why the sense of some phrases was not clear. It is important to reread and listen to a poem for at least five times because each time adds to a meaning some special sense and finally it gives general picture of the poem. Reading the poem for the second time I indicated all the pauses, tried to speed intonation where it was necessary and tried to change the pitch and the tones of separate words. Some of the words were pronounced in a low voice some almost in whisper. My strength of vocal delivery is that I have rather good pronunciation of all the sounds while my weakness is inability to change capture I mind pronunciation, articulation, and deep understanding of the text because I switch concentration from to the other. That is why it is best to learn poems by

Natural Gas Boiler Plant Essay Example | Topics and Well Written Essays - 750 words

Natural Gas Boiler Plant - Essay Example Stack gas analysis sought to find the composition of the stack gas, proportion of excess air, the average capacity of stack gas heat, composition of fuel, inlet and outlet temperatures and air to fuel ratio. A gas combustion analyzer was used to achieve this objective together with computation of various equations as follows. A bomb calorimeter could be defined as a device for measuring energy which combusts a specified amount of fuel in excessive air, comparing it to a baseline fuel which is of known calorific value. This would be achieved by measuring the change in temperature after a settling time in a given quantity of water. From this, the fuel calorific value would be computed from the ratio difference between the maximum and minimum temperatures. Determining the overall efficiency of the natural gas boiler called for arranging the collected information numerically. Efficiency was first determined using the input vs. output method. In this method, the energy input into the boiler (making use of fuel mass flow rate and calorific value) and that output from the boiler (making use of steam and feed water enthalpies and steam mass flow rate) would be compared. This method yields equation (ii). Alternatively, the efficiency of the boiler could be determined through the heat loss method. This has two major components: the first employs stack gas heat capacity together with the input and output temperatures; while the second uses the heat lost through radiation and convection. Equation (iii) represents this method. After weighing the fuel, it would be placed inside a crucible. This would then be dipped into an oxygen-filled bomb under a pressure of about 35 atmospheres. This bomb would then be placed into a container with predetermined amount of water. This container would then be placed inside a jacket. The impellor on the lid of the jacket ensures that heat is evenly distributed throughout the water while the thermometer