Diversity in our law agencies Essay Example | Topics and Well Written Essays - 1250 words

Diversity in our law agencies - Essay Example However, the gender bias that exists in police department begins right at the hiring stage where applicants are required to perform a Physical Abilities test where they have to scale a 6 foot wall and other physical acts that call for strength in the upper body, where women are weeded out. Moreover, the smaller number of women police officers creates an environment that predisposes towards sexual harassment and discrimination at the workplace. Women are subjected to sexual innuendos and unwanted advances from their superiors and find it difficult to help female victims of domestic violence in the environment of male bias that exists in the police force. Since most police officers work in teams with one â€Å"rookie† officer assigned to work with an older, more experienced officer, the mentor-student approach sometimes tends to create personal conflicts and instances of sexual harassment. The tough nature of the job itself is exacerbated by personal tensions that creep up betwe en a female rookie and a tough, male officer-mentor. In an occupation that has been a traditionally male dominated bastion, there also exists an unspoken â€Å"brotherhood† that tends to promote and favor male officers over females, based upon the false perception that women are inherently weaker and incapable of the harsh realities of police work.(Shusta et al, 1995). The existence of the stereotypes about the physical or psychological characteristics makes it even harder for women to break into the tough world of policing. The common perception is that women are less effective on the field and are better relegated to purely administrative positions within the department. While one standard is applied to assess the ability and skill of men for higher positions within the department, a different standard is applied for women, often requiring them to

The Issue of Masculinity in Short Stories Literature review

The Issue of Masculinity in Short Stories - Literature review Example As the paper outlines,  the issue of masculinity is a major subject in the three short stories. John Berger’s story ways of seeing tries to explain how women and men are viewed and perceived differently by society. During Berger’s time, the way women and men were represented culturally had extensive influence on their mutual perception, self, and conduct. In my view, the way Berger portrays the men and women is a true reflection of how they are viewed in the contemporary society where there is widespread gender discrimination, oppression of women by dominant men and objectification of women. As Berger aptly puts it, "men act – women appear"(72), men are judged by what they do or their action while women are always judged by their appearance. However, in contrast to the common notion that women are mere objects, they can be a source of inspiration as portrayed in â€Å"The Life You Save May Be Your Own† by Flannery O’Connor’s. Lucynell Crate r Offers Tom Shiftlet a chance to attain Grace. He had no friends, had been wandering but in the long run, Lucynell assists him to get a chance to work hard, get a household, live a quiet life and have an opportunity of watching the beautiful sunset. Although O’Connor’s story shows that women can influence men’s life, it is evident that sometimes men do not appreciate the assistance offered as proven by Shiftlet’s opinion on his marriage as he states, "that was just something a woman in an office did, nothing but paperwork and blood tests†(28). Although he had negative views of the marriage presided by a woman, it can be concluded that he was ultimately married legally to Lucynell’s daughter. My analysis of Tall Tales from the Mekong Delta by Kate Braverman show that society views women as people who can be influenced easily by men to engage in immorality. Braverman states, â€Å"The thrill of motorcycle rides and diamonds offered by Lenny h ad a great influence on her substance abuse†.

The Life and Influences of Albert Einstein Essay Example for Free

The Life and Influences of Albert Einstein Essay Sometimes in history, ironically, the greatest contributions to society come from the most inconceivable places. Undoubtedly, Albert Einstein contributed not only innovative thought to his time, but also aided in revolutionizing science especially in physics. His efforts, however, would not have been expected by historians if only his childhood was examined. Einstein was born March 14, 1879 to Herman and Pauline Einstein. Albert was the first child born to this young, Jewish couple. After a year, the couple moved to Munich where Einstein would spend the remainder of his childhood (Schulmann, par. 1). Like many children during this time, Einsteins childhood was a normal one, except that to his familys irritation, he learnt to speak at a late age (Schulmann, par. 1). His childhood was fortunate in that he was able to receive a high quality of education. By the age of five he was enrolled in a private school and by six he was receiving a full scale education at Petersschule, a Catholic school in Munich (Schulmann, par. 1). Einstein never shined in school and when attempting to apply to ETH, a school in Zurich, he was turned down because his exam results were insufficient (Schulmann, par. 2). Therefore, Einstein followed the advice of his rector and attended the Kantonsschule in the town of Aarau in order to improve his knowledge (Schulmann, par. 2). The remainder of Einsteins early life was marked by disappointment in that he was rejected from various schools and jobs. In between jobs, Einstein tutored in mathematics and physics and out of this grew Akademie Olympia, an organization devoted to scientific and philosophical questions (Schulmann, par. 3). This organization may have been the major origin for Einsteins transformation from average student to genius (Schulmann, par.3). It is important to understand that Einsteins innovations and theorys came at a time when science and technology was booming. Scientific revolutions were occurring with uncanny frequency in the disciplines of biology, invention, and chemistry due to the devotion of numerous, professional scientists. Charles Darwin, in 1859, wrote Origin of Species a philosophical breakthrough in biology in the theory of evolution. In 1879, the same year as Einsteins birth, Thomas Edison invented the light bulb. Finally, in 1908, Ernest Rutherford received a Nobel Prize for his earlier work on illustrating the atomic nucleus (Scientific Timeline). However, Einsteins innovative theology and contributions to science in quantum mechanics, the relationship between mass and energy, and the principle of equivalence may have advanced science further than anyone. Albert Einstein didnt invent anything. He didnt discover a new planet or star. He didnt produce something faster, bigger, or better (Wishinsky p. 1). He did however, see the world in a new way. He asked new questions about light, energy, space, time, mass, and gravity. He formulated new answers. He made scientists rethink their old theories and see new possibilities (Wishinsky p. 1). Einstein conducted many studies. A few of them are quantum mechanics, the relationship between mass and energy, and the principle of equivalence. Quantum mechanics is defined in Albert Einstein: the Rebel behind Relativity, by Jake Goldberg, as a theory of matter that describes the behavior of subatomic particles based on the idea that they have properties of both waves and particles. A man by the name of Planck researched this idea before Einstein. But, Einstein elaborated more on the idea that energy is emitted and absorbed by objects in tiny chunks called quanta (Goldberg p. 38). In Einsteins first paper that he wrote, he agreed with Plancks ideas (Goldberg p. 38). Einstein said that light is actually made up of quanta whose energy content, or size, depends on the frequency of the light. When the light on the metal was made more intense, the metal was bombarded by more quanta of the same size, none of which had the push to knock out electrons any faster. But when the frequency of the light was increased, bigger quanta were created that could knock out electrons at higher speeds (Goldberg p. 38). Even though, Einstein agreed with Planck, he did surpass him in the end because he was suggesting not only that energy is emitted and absorbed in tiny bundles, but that the light waves themselves are made up of energy bundles (Goldberg p. 39). Another study Einstein performed was the relationship between mass and energy. He discovered that the two are equivalent (Swisher p. 41). However, in the past, scientists had thought energy and mass were separate and had developed separate laws for each. With this new perspective, Einstein reasoned that if a body, a mass of something, gave off energy, then the size of the mass would diminish, according to the amount of energy given off (Swisher p. 43). He thought that this idea would hold true for all forms of energy: heat, light, or electricity. To make a formula, he used E to symbolize energy and again he used c, the constant of light. His formula E/c^2 calculates the amount of energy given off Einstein realized that the reverse is also true, that all mass is equivalent to energy. With this discovery, he was able to calculate the actual amount of conversion with the equation E=mc^2 (Swisher p. 43). A different study he did was discovering the principle of equivalence. He found out that the force of gravity was equivalent to the force produced by acceleration. (Parker p. 19). According to Einstein, there are two way to measure mass. One is the force by which gravity pulls on it the familiar weight here on Earth. The other is the force needed to make it accelerate (Parker p. 19). These two ways are known today as gravitational mass and inertial mass. Einstein reasoned that the mass of a large object such as the Sun would attract the energy in something weightless like light (Parker p. 19). Albert Einstein has been one of the few scientists to totally change mans view of the world (The New Book of Knowledge pg. 104). His face stares out from posters, mugs, and magazine ads-a somber, time-worn face beneath a wild mane of silvery hair. Hes a cartoonists dream-the model for the brilliant but dreamy professor, wrapped in complex thoughts, oblivious to the everyday world. (Heinrichs pg. 4) During the first half of this century Einstein set forth a number of theories about the physical world. These theories dealt with everything from the inside of an atom to the farthest regions of the universe. (The New Book of Knowledge pg. 104) Einsteins theories were created to prove that elements such as gravity, energy, matter, light, space, and time are all related to one another (The New Book of Knowledge pg. 104). Einstein worked out his theories in the laboratory of his mind. He had to use the most advanced kinds of mathematics to describe his ideas. These theories were so unusual and complicated the very few scientists could understand them at first. (The New Book of Knowledge pg. 104) After years of tests, experiments, and observations on Albert Einsteins theories, they were proven to be accurate (The New Book of Knowledge pg. 104). The theories not only explained what was already known, but they allowed scientists to predict what would happen. (The New Book of Knowledge pg. 104) One of the scientists efforts dealt with quantum mechanics. It aggravated Einstein that he could not figure out why light sometimes behaves like a particle and sometimes like a wave. Other scientists devised some answers to the particle-wave question and moved ahead to develop the field of quantum mechanics. One of the basic ideas was the uncertainty principle-the idea that one could never predict when an atom would release a quantum of light. Einstein could never accept this. I cannot believe that God would choose to play dice with the Universe, was his now-famous comment (Heinrichs pg. 29). As the years pass, scientists have used quantum mechanics to invent many advanced inventions (Heinrichs pg. 29). Einstein for instance had shown that light could be amplified. Further research in quantum mechanics produced the laser, a name that stands for light amplification by stimulated emission of radiation. Now lasers have thousands of practical uses in medicine and industry (Heinrichs pg. 29). Another one of Albert Einsteins most famous efforts is the popular equation of E=mc^2 (Heinrichs pg. 6). This equation means that energy equals mass times the speed of light squared. Basically, it explains that physical material can be transformed into energy. This principle led to the splitting of the atom, which ushered in the nuclear age. (Heinrichs pg. 6). This effort especially had a huge affect on the world. This discovery led to the makings of nuclear weapons, the atomic bomb, during World War II. On the other hand, Einsteins most well-known effort, that has probably had the biggest affect on science and the world, is his theory of relativity (Heinrichs pg. 6). Its the notion that space and time are not firm, fixed, and unchanging, but relative-swelling and shrinking with ones point of view. (Heinrichs pg. 6) There have been two different theories of relativity. Both have had big influences on science (Parker pg. 26). Special relativity was accepted in a few years. It was in the mainstream of scientific events, and it answered questions that scientists were asking. And it had many uses in the main areas of research being carried out at that time, such as nuclear physics and quantum mechanics. (Parker pg. 26). Also, it is an everyday tool for physicists working on the makeup of matter and the forces that bind it together. (Parker pg. 26). Einstein continued research for laws of the universe until the end (Freeman, pg. 106). It will be many years before all his ideas can be followed through. But like Copernicus and Isaac Newton, he forced men to re-examine their world. Directly or indirectly, Einstein has already influenced many areas of the modern world-science, art, philosophy. (Freeman, pg. 106) Albert Einstein has become a popular figure throughout the years, even though only few people understand his works (Heinrichs pg. 4). His discoveries opened the door to the development of television, lasers, transistors, computer chips, nuclear power, and space exploration. (Heinrichs pg. 4) Also, Albert Einstein encouraged many people to exercise their imagination. Imagination, he once said, is more important than knowledge, knowledge is limited. Imagination encircles the world. (Heinrichs pg. 5) Thanks to Einstein, science fiction took off in fantastic new directions. His theories paved the way for what-if? scenarios about time travel, time warps, black holes, and voyages to distant galaxies. (Heinrichs pg. 5) Einstein was one of our greatest geniuses, period according to Bran Ferren the cochairman and chief creative officer of Applied Minds in his statement in the September 2004 Discover, this declaration is extremely clairvoyant in its praise for Einstein; but, even geniuses make statements and errors that can send waves of controversy through the discipline. Einstein was not immune to making errors or falsifying research as was most noted in his attempts to prove a paralyzed universe. According to Karen Hunt of Discover In 1916 Einstein what he considered a glitch in his new theory of general relativity (Wright 2004, 50). Instead of attempting to revise his newly presented theory he allowed pride to taint his new findings. To account for these new findings Einstein So he invented a fudge factor, called lambda, that could function mathematically to hold the universe at a standstill (Wright 2004, 50). Einstein himself admitted that lambda was a fudge factor when he said in regards to the constant was not justified by our actual knowledge of gravitation (Wright 2004, 50). Albert Einstein is often attributed to quantum mechanics and few realize the science made more steps in his attempts to disprove it. In the 1920s quantum mechanics became the rage, and it advanced by leaps and bounds, thanks in large part to Einsteins persistent efforts to discredit it (Wright 2004, 53) As the theory progressed one would assume Einstein would begin to support the theory he indirectly helped prove, but Einstein was never one to follow the normal. He was quoted as saying The more success quantum theory enjoys, the sillier it looks (Wright 2004, 53). Einstein never gave his acceptance of the quantum theory but finally shifted focus to other things such as the unified theory. Although Einstein made many mistakes and even falsified data it was but to prove that he was human. Even in his errors he often made many discoveries and spurred on further research and investigation. In his opposition he would often be the primary contributor to the discovery as in the quantum theory. Even when Einstein was wrong, in many ways he was still right and scientist today still envy his ingenious mistakes Most scientist would give their eyeteeth to make even one of Einsteins mistake (Wright 2004, 50) according to theoretical physicist Fred Goldhaber. Who could possibly be such a mortal scientist yet possess the gift to be inspiring in his errors and revolutionary in his theories. Truly Albert Einstein was a remarkable scientist whose contributions to the scientific world continue to revolutionize the way we think. Einstein, although not a renowned inventor, has influenced many modern day inventions including: smoke detectors, x-rays, GPS, roads, computer monitors, fiber optic cable, and many pharmaceuticals just to name a few (Bodanis 2004, 32). His theory of relativity stretched much farther then just the scientific realm according to Walter Isaacson when he wrote Einsteins theory of relativity not only reshaped physics, it also jangled the underpinnings of society (Isaacon 2004, 14). Albert Einstein contributed so much to the scientific realms but he has influenced our society with his image being associated with the term genius and his name being forever engraved into history. His examples of abstract thinking, unmovable resolve, learning from mistakes, and his desire for knowledge produce a near perfect formula for a revolutionary. References Bodanis, David. Tinker, Thinker, Inventor of the Modern World. Discover Sept. 2004: 32-35. Goldberg, Jake. Albert Einstein. Danbury, Connecticut: Franklin Watts, 1996. Isaacson, Walter. No Mere Genius. Discover Sept. 2004: 12-14.

Coca-Cola Amatil Limited Management

Coca-Cola Amatil Limited Management Introduction The soft drink manufacturing industry is one of the largest industries around the globe. In Australia, it is one of the greatest revenue generators, estimated at $4bn as of 2016 according to the ibisworld.com 2016 report (IBISWorld.com, 2016 P. 1). The major players in the industry in Australia are Coca-Cola Amatil Limited and Asahi Holdings. The aim of this paper is to analyze and evaluate the performance of Coca-Cola Amatil Limited by first looking at the overview of the company itself. Overview of the Company Management and directors of the company The management of Coca-Cola Amatil Limited comprises of the Board of Directors and the group leadership team. The Chief Executive Officer, officially known as the group managing director, Ms. Alison Watkins (CCA, P.1) is both on the board of directors and the leadership team. The board of directors comprises of the Chairman, Mr. David Gonski, and the CEO (CCA, P. 1). The Chairman is a non-executive director. The other non-executive directors include the following: Ilana Atlas, Non-Executive Director (Independent) John Borghetti, Non-Executive Director (Independent) Anthony (Tony) Froggatt, Non-Executive Director (Independent) Martin Jansen, Non-Executive Director Mark Johnson, Non-Executive Director (Independent) Wal King, AO Non-Executive Director (Independent) David Meiklejohn, AM Non-Executive Director (Independent) Catherine Brenner, Non-Executive Director Paul OSullivan, Non-Executive Director (Independent) Krishnakumar Thirumalai, Non-Executive Director (Nominee of TCCC) (CCM, 2016) The management team consists of the Group managing director, Ms. Alison Watkins, and the following: Mr. Reg Weine, Managing Director SPC Mr. Barry OConnell, Managing Director, Australian Beverages Mr. Kadir Gunduz, Managing Director, Indonesia PNG Mr. Shane Richardson, Managing Director, Alcohol Coffee Mr. Chris Litchfield, Managing Director, New Zealand Fiji Ms. Libbi Wilson, Group Human Resources Director Ms. Betty Iyanoff, Group General Counsel Ms. Katie Newton-John, Joint Company Secretary Mr. James Lane, Sales Director Ms. Liz McNamara, Group Head of Public Affairs and Communications Mr. Simon Edgar, Director Marketing, and Strategy Mr. Chris Sullivan, Chief Procurement Officer Mr. Warwick Hutton, Chief Information Officer Mr. Andrew Wilson, General Manager-Strategy, Planning Innovation Mr. Davis Akers, Head of Investor Relations Ms. Kate Mason, Chief Transformation Officer (ibisworld.com, 2016) Major shareholders (holding at least 5% of shares) Coca-Cola Amatil Limited is a public limited company in Australia (IBISWorld.com, 2016 P. 1).   According to IBISWorld.com, (2016), the major shareholders are the following: Coca-Cola Holdings Ltd of the United States of America, with a percentage shareholding of 29.21 HSBC Custody Nominees Limited (Australia) with a share of 18.65% JP Morgan Nominees Australia Limited with 10.05% shareholding National Nominees Limited (Australia) with 8.54% shareholding Citicorp Nominees Pty Limited with 5.93% shareholding. Compensation of Directors and Top Executives The company has a remuneration committee that is responsible for setting out the remuneration of all employees. The committee has set favourable compensation incentive plans that are performance based; a key management who performs better is likely to earn more on top of the fixed remuneration. According to the CCA Annual Report (2015, P. 62), the compensation of key management personnel was as follows; A.M. Watkins, the Group Managing Director, had a fixed compensation which included Salary and leaves entitlements amounting to $2,263,266, non-monetary benefits of $450, superannuation of base salary of $19,046 and another amount of $7,720. The manager was also able to take at-risk performance related compensation which amounted to $1,564,500 (Coca-Cola Amatil Annual Report, 2015, P. 62). The Group Chief Financial Officer, Mr. M.J. Robert had a fixed salary of $1,810,083 and non-monetary benefits of $258. He also received a superannuation of base salary amounting to $9,654 (CCA Annual Report, 2015, P. 62). He was also entitled to at-risk performance-related compensation of $267,027 (CCA Annual Report, 2015, P. 62). The Group Human Resources Director, E.C Wilson, was entitled to a fixed salary of $620,987 and non-monetary benefits of $36,562 (CCA Annual Report, 2015, P. 62). The Managing Director of Indonesia PNG was entitled to a fixed salary of $719,674 and non-monetary benefits of $432,970, and a risk allowance of $ 371, 626 (CCA Annual Report, 2015, P. 62). The managing director of New Zealand and Fiji was entitled to a fixed salary of $341, 440 and non-monetary benefits of $5,254 with risk allowance of $316,269 (CCA Annual Report, 2015, P. 62). The managing director of Australian Beverages, on the other hand, was entitled to a fixed salary of $939,462 and non-monetary benefits of $118,222 with a risk allowance of $491,447 (CCA Annual Report, 2015, P. 62). Key performance Indicators (accounting and market) Coca-Cola Amatil Limited, being the largest company in the Asia Pacific in the soft drinks industry, has several key performance indicators which serve as the basis for its business decisions. According to ibisworld.com (2016), the Accounting Key Performance Indicators include: The Return on Revenue percentage Percentage Return on Shareholders Funds Percentage Return on Assets Percentage Profit Margin The Revenue per Employee The Net Profit after Tax (NPAT) per Employee The percentage Effective Tax Rate The Percentage Gearing The Interest Cover The Current Ratio The Dividends paid per Share The Marketing Key Performance Indicators are: The percentage change of Total Revenue Growth The percentage change in Sales Revenue Growth The Percentage change in Total Assets The percentage change in the Net Profit After Tax The percentage change in Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) The percentage change in Shareholders Funds Evaluation of the performance of Coca-Cola Amatil Limited Coca-Cola Amatil Limited is one of the major players in the Soft Drink Manufacturing Industry in Australia. The industrys retail market has been hit by changing customer preferences of soft drink which has led to a significant drop in revenue. However, the growth in popularity of energy and sports drinks has spearheaded the growth of the industry. According to IBISWorld.com (2016), the industry revenue has been projected to increase at an annual rate of 2.4% for the next five years through 2015-2016. In Australia, the company is ranked position 72 in the top 2000 companies. The primary source of income of the company is from the manufacture of beverage and tobacco in the Australia industry. According to ibisworld.com (2016), Coca-Cola Amatil Limited is reported to have generated total revenue of $5.253 billion in the year ending 2016. The company operates in two groups namely: Non-Alcoholic beverages, and Alcoholic, Food, and Services. Under the Non-Alcoholic Beverage segment, the company manufactures and distributes the Coca-Cola licensed products in five Asia Pacific countries which are Australia, New Zealand, Fiji, Papua New Guinea and Indonesia (IBISWorld.com, 2016). For the purpose of evaluation, the report will cover the various segments in which Coca-Cola Amatil Limited operates. Spirit Manufacturing in Australia In 2007, CCA started to venture into the alcoholic beverage market after signing a 10 year deal with Beam Global Spirits and Wines Inc and executing it as a joint venture with SABMiller (IBISWorld.com, 2016). As of 2016, the number of companies in the industry is 71 with a turnover growth rate of 1.31 and a size of $1.7831 billion (IBISWorld.com, 2016). Coca-Cola Amatil Limited has an estimated market share of 15.3% in this industry (IBISWorld.com, 2016). Over the past five years, from 2012 to 2017, CCAs alcoholic segment has been performing well despite a reduced consumption which has slowed growth rate. According to IBISWorld.com (2016), CCAs revenue in this industry is expected to increase at an annual rate of 3.3% through December 2017. The primary competitors are Diageo Australia Limited and Asahi Holdings (Australia) Pty Limited. Diageo and Asahi Holdings have market shares of 23.6% and 12.3% respectively, implying that Diageo is the market leader followed by CCA. Fruit and Vegetable Processing in Australia The company ventures in the fruit and vegetable processing through its subsidiary company called SPC Ardmona (IBISWorld.com, 2016). The subsidiary processes a broad range of fruits and vegetable products for sale in various retail stores. The companys performance in this segment has been hampered by cheap imports from South Africa and Italy (IBISWorld.com, 2016). There has also been a competition between the major supermarkets such as Woolworths and Coles, which has also led to the reduction in prices of the products. The industry size is estimated to be $5.8864 billion with a turnover growth rate of 0.29. CCA has a market share of 5.7%. Other players in the Industry are Simplot Australia Pty Limited and Heinz Watties Pty Limited with market shares of 8.1% and 6.6% respectively (IBISWorld.com, 2016). Coca-Cola Amatil has been struggling to cope with the competition over the past five years. Generally, it has been underperforming due to oversupply from cheap imports. Extreme weather has also affected the company since it has reduced fresh produce.   In 2013, the total revenue was 319.8, up from 317.2 in 2012. There was also an increase in 2014, but the revenue decreased in 2015 which was recorded to be 319.6 down from 328.1 in 2014. The revenue in 2016 rose to 332.4. Soft Drink Manufacturing Coca-Cola Amatil boasts being the largest soft drink manufacturer in Australia with a market share of 53.8% (ibisworld.com, 2016).   Its rival, Asahi Holdings Pty Limited has a market share of 24.9%. Historically, the performance of CCA has been strong. However, high competition and shift of customers preference of soft drinks due to health concerns have significantly affected the revenue.   Despite being the market leader in the industry, CCA has been underperforming over the last five years. The companys revenue has been falling due to pressures from competitors and marketing costs. According to IBISWorld report (2016), the revenue increased between 2011 and 2012. From 2012 to 2016, the profits have sharply decreased. Overall Company Performance In overall, CCA has been performing relatively well considering the fact that its main business segment has the highest market share in Australia. Sales Revenue According to Saunders Cornett (2014), sales revenue refers to the net income from the sales of goods or services after all the costs have been subtracted. Over the last five years, CCA has been recording an unstable growth in sales revenue. As at December 2012, the sales revenue was $5,097,400. This was followed by a drop in 2013 which recorded sales revenue of $5,036,400, a growth rate of -1.2%. In 2014, the sales revenue grew at a rate of -1.9% to $4,942,800. This was the lowest figure in the span of five years. In 2015, CCA did a lot to achieve high sales revenue of %5,093,600,000 which is equivalent to a growth rate of 3.1%. In 2016, the sales revenue changed positively at a rate of 1.1% to record a figure of $5,150,800,000 (ibisworld.com, 2016). Although the sales growth rate seems to be staggering, the average growth of sales revenue from 2011 to 2016 is 1.4%. Total Revenue Saunders Cornett (2014) define total revenue as the income of a company from all sources, including the sales revenue, in a given period. The figure includes the sales revenue and revenue from other sources. Just like the sales revenue, CCA has had unstable total revenue since 2012. The company recorded $5.175 billion of total revenue in 2012 (ibisworld.com, 2016). In 2013, the total revenue dropped by 1.1% to record $5.1199 billion (ibisworld.com, 2016). In the following year, a further decline in total revenue was also realized, at a staggering figure of $5.0341 billion, which was a drop by 1.7% (ibisworld.com, 2016).   In 2015, CCAs total revenue increased at a rate of 3% to become $5.1869 billion by the end of the year (ibisworld.com, 2016). By the end of 2016, the total revenue was recorded as $5.2532 billion, which was an increase of 1.3% from the previous year. On average, the percentage change in growth rate since 2011 is 1.5%, implying that the company is on the righ t track. However, comparing to the average growth rate in the industry which was 2.36% in 2016, the company has been underperforming. Net Profit after Tax (NPAT) Net Profit after Tax (NPAT) is the amount of money a company earns after all its expenses (Saunders Cornett, 2014). Coca-Cola Amatil Limited has been hit by fluctuations in profits, and its profits have generally been decreasing sharply from 2012 to date. In 2012, the net profit after tax was $457.8 million. This was followed by a sharp decrease in 2013, which was $79.9 million, which is a percentage decrease of 82.5% (ibisworld.com, 2016). In 2014, the profits increased more than twice and reached $272.1 million, which is 240.6% growth. The profits grew further by 44.6% in 2015 but, as of 2016 December, the profit was $246.1 million as opposed to $393.4 million in 2015, which was a decrease of 37.4% (ibisworld.com, 2016). On average, CCA has not been doing well regarding profits. Its average change in NPAT is -16.1%. As of December 2016, the industry average NPAT was 4.99%, implying that CCA has been performing poorly. Return on Revenue (ROR) To understand the profitability of CCA, it is essential to look at the change in ROR. In 2012, the change in ROR was 8.9% (ibisworld.com, 2016). In 2013, 2014, 2015 and 2016, the ROR was 1.6%, 5.4%, 7.6% and 4.7% respectively (IBISWorld.com, 2016). This implies that the company was more profitable in 2012 and 2015 compared to the rest of the years. Return on Assets (ROA) The ROA measures the profitability of a company in relation to its assets. CCA has been doing well since it has been recording a positive ROA since 2012. Coca-Cola Amatil Limited management team can be said to be efficient in utilizing assets to generate revenue. From 2012 to 2016, the Return on Assets is 6.8%, 1.2%, 4.5%, 5.9%, and 3.8% respectively. The average ROA in the industry as at 2016 was 1.9% compared to CCAs 3.8% (IBISWorld.com, 2016). The company has, therefore, been performing well in the industry. Question 2 Robert Alba just won the state lottery. He has been given the option of receiving either  $62.9 million today or $5 million a year for the next 35 years, with the first payment paid  today. Discuss the process that Robert should use to determine which payment option he  prefers. Ignore all taxes and assume that Jesse will live for at least 40 more years Solution To determine the best option, we need to determine the present value the Annuity due of for the given cash flows since the payment in the second option is going to be made at the beginning of the period. Present value or the discounted value refers to the current worth of the given amount of money or the stream of cash flow that is going to be received in future at a particular rate of return (Brealey, Myers, Allen, and Mohanty, 2012). The present value is usually less than the future value due to the time value of money characteristic, which states that money will always earn an interest; therefore, a dollar today is more than a dollar tomorrow. The formula is as follow; (Brealey, Myers, Allen, and Mohanty, 2012) Where C=the cash given per period i = rate of interest n= the number of payments In this case, the present value of $62.9 million today is $62.9 million. Robert Alba should determine the present value of the cumulative cash flows of $5 million per year for 35 years.   The best option would be that with the highest present value. Using the formula above, the present value for option B will be as follow; Assuming a uniform interest rate of 10%, $53.04 million is less than $62.9 million; therefore, Robert Alba should choose option A, i.e. to receive the payment of $62.9 million now. List References Brealey, R.A., Myers, S.C., Allen, F. and Mohanty, P., 2012. Principles of corporate finance. Tata McGraw-Hill Education. CCA Annual Report, 2015. Real Possibilities Real Progress-2015 Annual Report. Accessed on https://www.ccamatil.com/-/media/Cca/Corporate/Files/Annual-Reports/2015/CCA166-CCA-Annual-Report-2015-WEB_final.ashx CCA, n.d. Coca-Cola Amatil Limited. Accessed on https://www.ccamatil.com IBISWorld.com, 2016. IBISWorld Company Premium Report: Coca-Cola Amatil Limited. Balance Date: 2016 Saunders, A. and Cornett, M.M., 2014. Financial institutions management. McGraw-Hill Education.

Jourody Journey of Homers Odyssey, Joyces Ulysses and Walcotts Omer

The Journey of Homer's Odyssey, Joyce's Ulysses and Walcott's Omeros      Ã‚   This essay explores how the theme of the journey, pervasive in Homer's Odyssey, find expression in James Joyce's Ulysses (1922) and Derrick Walcott's Omeros (1990), epics written in very different historical periods.   Common to all three epics is a plot structure that involves a protagonist who longs for home but who must first endure a life-altering change before he returns. The theme of the "journey" provokes an image of both a natural and spiritual quest occurring simultaneously, both significantly viable because each passage contributes equally to the manifestation of the maturing male identity.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Homer's Odyssey, captures the essence of the "journey", a word signifying the movement from one place to another, by juxtaposing Odysseus's palpable journey against his spiritual one. Odysseus attempts to navigate at sea the ships and crew from Troy to Ithaca while a number of nymphs and demons make obstacles that impede his success. Both visible and invisible, the journeys produce a change in Odysseus that ensure his maturity into manhood before he returns to his wife, Penelope, in Ithaca.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Odysseus's journey begins at home where a summons to war prompts him to leave Ithaca for Troy. Odysseus and Penelope have a newborn son they name Telemachus. The war lasts ten years. Ending when Odysseus leaves a belly full of soldiers in a wooden horse at the beach before the enemy's compound. Thinking it a gift from the Greeks, the Trojan's roll it in and before dawn, a final siege occurs that ends the war. Smug and accomplished about the downfall, Odysseus sets sail for Ithaca. War inflicts Odysseus with a primordial disposition, and ... ...ort van he names the "Comet." Philoctete, a native African-Caribbean nurses a festering wound on his shin caught by a rusty anchor while timbering. A journey in a metaphor that denotes the survival and recovery of the African-Caribbean culture, spirit and mind after colonialism.          Works Cited Campbell, Joseph. Mythic Worlds, Modern Words: On the Art of James Joyce. New York: Harper Collins, 1993. Mamner, Robert D. Epic of the Dispossessed: Derek Walcott's Omeros. Columbia: University of Missouri Press, 1997. Hexter, Ralph. A Guide to The Odyssey: A Commentary on the English Translation of Robert Fitzgerald. New York: Random House, 1993. Homer. The Odyssey. Trans. Robert Fitzgerald. New York: Random House, 1990. Joyce, James. Ulysses. New York: Random House, 1986. Walcott, Derek. Omeros. New York: Harper Collins, 1990.    Jourody Journey of Homer's Odyssey, Joyce's Ulysses and Walcott's Omer The Journey of Homer's Odyssey, Joyce's Ulysses and Walcott's Omeros      Ã‚   This essay explores how the theme of the journey, pervasive in Homer's Odyssey, find expression in James Joyce's Ulysses (1922) and Derrick Walcott's Omeros (1990), epics written in very different historical periods.   Common to all three epics is a plot structure that involves a protagonist who longs for home but who must first endure a life-altering change before he returns. The theme of the "journey" provokes an image of both a natural and spiritual quest occurring simultaneously, both significantly viable because each passage contributes equally to the manifestation of the maturing male identity.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Homer's Odyssey, captures the essence of the "journey", a word signifying the movement from one place to another, by juxtaposing Odysseus's palpable journey against his spiritual one. Odysseus attempts to navigate at sea the ships and crew from Troy to Ithaca while a number of nymphs and demons make obstacles that impede his success. Both visible and invisible, the journeys produce a change in Odysseus that ensure his maturity into manhood before he returns to his wife, Penelope, in Ithaca.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Odysseus's journey begins at home where a summons to war prompts him to leave Ithaca for Troy. Odysseus and Penelope have a newborn son they name Telemachus. The war lasts ten years. Ending when Odysseus leaves a belly full of soldiers in a wooden horse at the beach before the enemy's compound. Thinking it a gift from the Greeks, the Trojan's roll it in and before dawn, a final siege occurs that ends the war. Smug and accomplished about the downfall, Odysseus sets sail for Ithaca. War inflicts Odysseus with a primordial disposition, and ... ...ort van he names the "Comet." Philoctete, a native African-Caribbean nurses a festering wound on his shin caught by a rusty anchor while timbering. A journey in a metaphor that denotes the survival and recovery of the African-Caribbean culture, spirit and mind after colonialism.          Works Cited Campbell, Joseph. Mythic Worlds, Modern Words: On the Art of James Joyce. New York: Harper Collins, 1993. Mamner, Robert D. Epic of the Dispossessed: Derek Walcott's Omeros. Columbia: University of Missouri Press, 1997. Hexter, Ralph. A Guide to The Odyssey: A Commentary on the English Translation of Robert Fitzgerald. New York: Random House, 1993. Homer. The Odyssey. Trans. Robert Fitzgerald. New York: Random House, 1990. Joyce, James. Ulysses. New York: Random House, 1986. Walcott, Derek. Omeros. New York: Harper Collins, 1990.   

Desire of Escape :: Essays Paper

Desire of Escape In Dubliners, James Joyce tells short stories of individuals struggling with life, in the city of Dublin. â€Å"It is a long road that has no turning† (Irish Proverb). Many individuals fight the battle and continue on the road. However, some give up and get left behind. Those who continue to fight the battle, often deal with constant struggle and suffering. A reoccurring theme, in which Joyce places strong emphasis on, is the constant struggle of fulfilling responsibilities. These responsibilities include; work, family and social expectations. Joyce writes about these themes because characters often feel trapped and yearn to escape from these responsibilities. In â€Å"The Little Cloud†, â€Å"Counterparts†, and â€Å"The Dead† characters are often trapped in unhappy living situations, often leading to a desire of escape from reality and daily responsibilities. In Dubliners, characters feel trapped in work related issues, which ultimatly results in unhappiness. In the story â€Å"Counterparts†, Farrington is unhappy with his job. Working as a copy clerk, does not provide Farrington with proper satisfaction. The mistreatment he receives from his boss, makes his job worse. Mr. Alleyne screams, â€Å"you have always some excuse or another for shirking work. Let me tell you that if that contract is not copied before this evening I’ll lay the matter before Mr. Crosbie... Do you hear me now?† (83). Farringtons boss is strict and demeaning. Feelings of worthlessness are quite evident. One might argue that Farrington abuses alcohol as a way to escape his work responsibilities. He does this by engaging in constant stops at the pub during his work day. â€Å"It’s alright Mr. Shelley, said the man, pointing with his finger to indicate the objective of his journey† (84). A similar type of entrapment in work, is also evident in the story, â€Å"A Little Cloud†. Chandler strives to be as successful as his old time friend, Gallagher. He constantly compares his job to that of Gallagher. Feelings of worthlessness take over, causing Chandler to be unhappy, contemplating ways to escape his reality. Chandler wishes he could be as successful as Ignatius Gallaher. He states, â€Å" There was always a certain... something in Ignatius Gallaher that impressed you in spite of yourself† (67). Constantly comparing his job, to that of Gallaher, Chandler becomes more depressed.

Innovation and Reliance

Managing is the term which is connected with the way to handle things and innovation is the term which reflects meaning as thinking new ideas for development. Philip E. Reassured and Cabal Z. Quad(2014) said that solving problems and challenges of enterprises and people with new Ideas Is Innovation. Joe Tied and John Absent (De. 4) also mentioned Innovation as the driven ability of a person to connect things together and take advantage of the opportunity available. Innovations in a business are not only for solving problems, it has a broad sector.Innovation can be related to product innovation, process innovation, position innovation or the innovation related to paradigm. These 4 innovation types are known as ops of innovation. ops Model: John Peasant and Joe Tied have developed this ops model and also given the way to study (2009, p. 1 5) has defined these as: Product innovation: Product innovation is the innovation related to product and service which makes influence on people and market. Process innovation: Process innovation is the innovation related to the way and process how products and services are created or delivered.Position innovation: Position innovation is the term which defines the modification in perception of a company's work sector, e. G. Microsoft is heading to change its work position to Mobile First and Cloud First from Product and services company. Paradigm innovation: Paradigm innovation is related with the mental perceptions of companies or organizations towards people. How companies analyze people need and wants. Innovation is the part of life. Each of us is capable to do innovation but what type of innovation we are looking for. It depends on the need, mentality, ability, wants and direction given by circumstances.There are many of examples of innovation we have seen in our life. Internet being a part of our life, nobody thought that a person can talk to someone face to face even he is thousands of kilometers far. It is a great innovat ion. There are many of examples like this. Microsoft, Apple, Google, TTS, Amazon and a lot more are examples of the companies which are well known of their innovative ideas. Today I am going to talk about the company named ‘Reliance'. Reliance is the company which is working in field of communication, energy, Textiles, infrastructure, petrochemical etc.Paradigm Position Product Process Reliance is the company founded by Mr.. Diarrhea H. Mambas (1932-2002) in INDIA with an idea of Textiles business in late seventies. But it did not stop on the sector of textiles. With the help of its team, Reliance started to make new innovative ideas and irked on strategy to cover energy products which were the base of development, even now too and of course will be in future as well. They worked in polyester, fiber intermediates, plastics, petrochemicals, petroleum refining and oil and gas.With the help of this strategy, now Reliance is the largest private sector company of INDIA under the gu idance of its chairman Mr.. Muses Mambas. Reliance website shows what innovative works it has done in years and how it has been one of the most innovative companies. Things which are impressive are as: Reliance had done impossible task. Jamaican, a city in INDIA was a barren land, Agriculture was not Seibel there but Reliance teams' hard work and dedication made it possible and now mangoes grown in that area are famous. It's the innovation which is admirable path of win from lose and mistakes.The example of it is Jangler's craft centre, which was made after capturing the mistakes done by employees in Reliance. Now it's the world's largest craft centre and it has already trained 1, 50,000 workmen and still going on. Using Waste as resources, seems amazing? Yes, Reliance is No. L Company of polyester production in world and with the waste of that production it has setup a new business of filling and stuffing. That is the innovation. Business week (2014) has marked Reliance logistic pr ivate limited as integrated logistic services provider.Reliance offers transport of near about every product liquid, gases, solid products. IQ-We have already seen Reliance as innovative company with strengths like stability, Broad vision, Quick processing, Ability and of course success rate. Actually Reliance has the power to challenge the topmost companies in the world. It is in communication, Energy, Production, Sales, construction and a lot more. Its strengths are: Stability: Reliance's biggest strength is its stability. It's developing with a stable rate from decades. Broad vision: By its broad vision, it has acquired a big part of world's market.Now Reliance is a global company. Grabbing opportunity: Reliance has the capability to grab the opportunity with new market strategies and product. Weakness:- Investment Limitations: Reliance has a lot of funds and its financially stable but for long term investments in compare to its competitors, it is lacking behind a little bit. To overcome this gap, company should find some new investors. At present, company is collecting most its funds through shares and public funds. Reliance can tie-up with other companies to work in different sectors for more investments and profits.Q-l don't see a lot of gaps in company's success but one the major gap where company has to work is to create new easier processes or adapt those new processes which are already been adapted by others. It is very important to walk with or ahead of world for getting success. Conclusion: It is clear; Reliance is one of those innovative companies which are making big impact on the way how people think about innovation. Company need to continue this success rate. For it, company should find omen more possibilities, might be in sports field or entertainment field like movies, T.V. Serials etc. Company's future depends on its stability and ability to think new ideas. Reliance is already working on new ideas continuously and also getting success in i t. Company has to continue this success rate. In my view, Reliance is on its Top-gear of success, it Just needs to do cover the gaps of renewal of products and adopt new technologies. With a very experienced and energetic staff, I believe company will do its best in future and will be one of the top companies in the world. References: Philip E. Reassured & Cabal Z.