Saturday, August 31, 2019

Pfizer Inc/Warmer-Lambert Co. Essay

Pfizer is one of the leading pharmaceutical companies in United States. Its headquarters are in New York City and it is the owner of the drug Lipitar, an atorvastatin which is used to lower cholesterol in the blood.   The company produces a big range of other precuts.   Pfizer acquired Warmer-Lambert in 2000.   The two had been the leading companies in the research based pharmaceuticals.   In 1999 Pfizer had been named the fastest growing pharmaceutical company in its industry. Warmer-Lambert had been the Second (http://www.pfizer.com/home/). Warner-Lambert also deals with pharmaceuticals.   The company has grown through acquisition which started in 1962 when it acquired American Chide Company which produced gums and mints. American Chide Company was the owner of the Adams brand which was well known around the world. The merger between Pfizer and Warmer-Lambert was as a result of observation of the market trends in the industry and in the global economy.   The global market has been characterized by slow growth.   The market was not expanding at the same rate as it has before.   It seemed as if it was experiencing a slack in growth.   Thus for the companies to continue operating profitability there was need to capture a bigger share of the market and reduce competition. Because the market was not expanding at a good rate expansion of the companies’ operations could only be possible through taking over a bigger share of the existing market.   This called for greater and more effective efforts in competition (Mercola J. 2000). One way to gain competitive advantage is through cost cutting and concerted efforts. Merging the two fastest growing companies in the industry could effectively achieve this. Both companies were strong players in the market and combining power gave them a force that could enable them acquires additional share of the market from the other competitors.   Merging also could enable the companies make concerted efforts in marketing and other ventures hence saving on cost.   Cost reduction will help the companies gain competitive advantage in the market (http://www.secinfo.com/dsVsj.599.htm#1stPage). Expiration of a number of key patents was another major trend in the market.   Both of the companies are research based and had been holding patents which had been key to their operations.   Expiry of these patents meant the companies were loosing their hold in the market.   Many other competitors were due to come in the market.   Ã‚  Entry of additional competitors could inflate costs and m ay lead to reduction of profits.   Merging could help the companies to cut on this cost increase and compete more effectively in the market. Research and development costs were increasing at a higher rate.   The significance of research and development was gaining new heights in the modern business environment.   Because of the high competition and the rapidly changing business conditions the need for new innovations in operations and products has increased. More efforts and investment in research and development have been necessitated. These together with other factors have led to significance increase in Research and development costs. Both Pfizer and Warmer-Lambert are research based and merging them will enable them collaborate in Research and hence reduce cost effectively. Through their combined efforts the companies will be able to do more effective research. The role of e-commerce in business is changing significantly with many more business transactions being carried out though e-commerce. There is increased used of technology both in research and in doing business.   The way business is conducted have greatly been affected by e-commerce.   Thus, the companies had to change so as to utilize the effects of e-commerce for their benefits in the long run. (http://www,secifo.com/dsvsj/599.htm) There are several factors that motivated Pfizer Inc. to merge with Warmer-Lambert Co. Each of the companies had its motivational factors by generally both companies need to stabilize them product portfolio and reduce the dependence on some few key products. (http://www.secifo.com/dsvsj.599.htm).   Another motivating factor was the increased need of increasing their rate of growth.   Other factors that motivated the merger included increased in revenue, better research and development (R&D) and more cost cutting. Terms of transaction Pfizer paid a premium of 34% to Warmer-Lambert in the merger that resulted to Pfizer and Warmer-Lambert combining to form the largest pharmaceutical company in the world at that time. Shareholders of Warmer-Lambert got 2.75 shares of Pfizer common stock for each share of common stock held in Warmer-Lambert.   The Warmer-Lambert shares were valued at $98.31 per one unit by the closing prices of October 1999 against $ 35.75 per one unit of Pfizer shares by the closing price of February 4, 2000. This represented a premium of 34% (http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=/www/story/06-19-2000/0001246843) The company expected to have combined annual revenue of approximately $28 billion. The company expects a 13% growth on compounded annual revenue and 25% growth in earnings (The Birmingham Post).   The expected market capitalization is more than $230 billions.   After the merger 61% of the new company will be held by the Pfizer shareholders while the remaining 39% will be held by the Warmer-Lambert shareholders (http://www.pfizer.ca/english/newsroom/press%20releases/default.asp?s=1&year=2000&releaseID=29). The valuation of the target firm can be done as: calculation of the future value of the company FV = PV (1+2)n From this we can be able to calculate the valuation of the target company using DPV = FY / (1+a) n Where FV = Future value DV = Present value I = opportunity cost N = no of years FV = $ 90 billion x (1+0.01) 1 90 x 1.01 $ 90.9 billions. After getting the future value, the discounted present value can be calculated as 90.9 billions / (1+14%) 1 14% is got by adding the growth rate representing the opportunity cost and the risk factor which we assume to be 1% 90.9 / (1.0 + 0.14)1 (90.9 / 1.14) 79.74 billions. In the valuation there are several assumption made. One of the assumptions is that the risk factor is equivalent to one percent.   The other assumption is that the opportunity cost is Warmer-Lambert merging with Pfizer is equivalent to the growth rate expected.   Thus the assumed discount rate is expected to be 14% that is, combining the opportunity cost and the risk factor.   Another assumption made I s that the future value is calculated after only one year thus making the period n to be equal to 1. There are several risks that come with making the above assumptions. If the actual risk factor of the market is different from the assumed risk factor of one percent then the outcome of the valuation will not be accurate. This is risk as it may give a wrong impression of the effect of a decision, for example the decision of Warmer-Lambert to merge with Pfizer   Ã‚  Ã‚  Ã‚  Ã‚   Another risk is inherent because of the assumption that the opportunity cost is equal to the growth rate expected.   In the real business environment this may results that are not accurate.   This may lead to making a decision based on wrong information.   This may consequently lead to difficulties in the company or loss to the owners of the company. Pfizer mission have been to emerge as the leader in the pharmaceutical industry by the stunt of the new millennium. The company had aimed at becoming the most valued company to all its stakeholders who included patients, doctors, insurers, investors and business partners.   To achieve this, the company is committed to offering services of value to the stakeholders (Huff, A. Huff J. and Barr P; 2000). To ensure that Pfizer remained of value to the stakeholder the company was committed to innovation so as to provide products of value to its customers.   The company realized that innovation was what could enable tit to continue being relevant to needs of its customers in the long run.   As the customer needs were changing the company had to keep innovating to enable it to satisfy the needs of these customers. Pfizer in this regard was committed to continued Research and development productivity.   Much effort and finances were invested in research and development so as to produce more relevant products in the market. Pfizer strategy of success in the market was sustaining growth of existing products and expanding the range of products through innovations.   This innovation was facilitated by increasing productivity of research and development (http://findarticles.com/p/articles/mi_m0EIN/is_1999_Feb_1/ai_53672006 ). Pfizer’s acquisition of Warmer-Lambert was a major and useful step in the Company’s strategy toward attainment of its mission (http://goliath.ecnext.com/coms2/gi_0199-5212317/Pfizer-Driving-Performance-Through-Growth.html).. Acquisition of Warmer-Lambert by Pfizer was aimed at encouraging Business development. There are many benefits that this merger could help Pfizer to achieve. These benefits all worked for Pfizer in its quest to create the most valued pharmaceutical company to all its stakeholders. Acquisition of Warmer-Lambert helped Pfizer to get access to patent that Warmer-Lambert held.   Warmer-Lambert held some patents and so upon the merge the two companies could benefit from the patents.   Considering that the market condition was characterized by expiry of key patents meaning each of the company’s advantage of holding patents was slowly decreasing.   Thus, combining gave the two companies a great advantage as the new company could hold more patents (http://www.referenceforbusiness.com/biography/M-R/McKinnell-Henry-A-Jr-1943.html). Pfizer acquisition could also lead to the company getting access to new and racial technologies in the other firm.   Each of the company was developed in its own way and had technological capabilities that were unique to its operations.   This technology was in the form of processes and platforms which facilitated production and innovation. Combining these unique capabilities from two companies gave the resultants much power and benefits which could be denied from utilization of these technologies.   Access to both technologies by one company gave it synergy thus compounding the benefits to be derived from the technologies.   This synergetic combination of technology could help Pfizer advance its strategy of producing new lines of products through innovation.   This technology could also help the company to sustain growth of its existing products (Aitkin M. and Baskaran S. 2000) As technology is a major component to research and development, access to new technology could boost Pfizer’s efforts in research and development.   This boost in research and development could help the company to significantly reduce the cost of innovation.   Consequently, reduction in cost of innovation could lead to reduction of the overall cost and so boost profits of the company.   Reduction in costs could also help the company reduce the prices it charged for the product.   Reduction in the prices could lead to increase in sales as well as increasing the access of the products by greater number of customers.   An increased access of the precuts by many more customers will help to serve their need by the company and thus meeting the main aim of the company that is making it the most valued company to various stakeholders. The acquisition by Pfizer helped the company to expand its products line.   Acquiring Warner-Lambert made Pfizer the company with the broadest portfolio in the industry.   The company had products in various categories which included women health, central nervous system disorders as well as in many other categories. This was in line with the company’s aim of achieving a broad range of product instead of relying on a narrow range of products. The acquisition of Warmer-Lambert also gave Pfizer a big number of new products.   I had eight products in the year of acquisition which brought in more than $1 billion in sales in that year.   This was a great achievement for Pfizer, a company that was committed to increasing the contribution of innovation and research and development productivity. The achievement gave the company a boost toward attaining its overall aim. Combining the research operations of Pfizer and those of Warmer-Lambert produced the largest Research and development budget in the pharmaceutical industry. The new company had a budget of $4.78 billion set aside for research and development.   The scientific staff of the company was more than twelve thousand. This showed the commitment to innovation and increased Research and development productivity (http://www.forbes.com/feeds/ap/2008/01/23/ap4565943.html). Acquisition of Warmer-Lambert gives Pfizer much regard in the world and makes it the most productive in sales and marketing in the industry. This increases the reputation of the company among the stakeholders.   The company also acquires some of brands which are highly regarded in the world.   These brands Include Schick and Zaritac 75 http://hosted.ap.org/dynamic/external/ibd.morningstar.com/quicktake/standard/client/shell/AP707.html?ticker=PFE&valid=NO&MP=FP&pageidx=1&pageitemidx=2   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Combination of Pfizer and Warner-Lambert the two fastest growing companies in the world in the pharmaceutical industry produces a large organizational with great might. This enables the new company to have strong presence in major international market. Because of its power, the organization will be able to conquer new markets and compete effectively (http://news.bbc.co.uk/1/hi/business/633782.stm). Test of merger performance. a) The target, Warner-Lambert Company had a market capitalization of $60 billions in 1999. The acquirer, Pfizer had a market capitalization of $148.074 billions in that year (Financial Times 1999) After the merger between Pfizer and Warner-Lambert the new company had a market capitalization of $263,996 millions in 2001 (Financial times 10th May 2001). Before the merger Pfizer and Warner-Lambert had a total market of capitalization of $208.074 billions in 1999. After Pfizer acquired Warner-Lambert their total market capitalization was 263.99 billions in May 2001. This was a major increase in only one year after the merger.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The increase in the market capitalization after the acquisition signifies that it was beneficial. The merger was value enhancing in the short run for the investors who held shares in the company (Pryor F. 2001) b) After the merger of Pfizer Inc with Warner-Lambert Company the market reacted favorably to the new company. The combined market share increased from 7.8 percent to 8.2 percent after the merger (Http://www.referenceforbusiness.com/biography/M-R/McKinnel-Henry-A-Jr-1943.htm/). The total Revenue of the company in the subsequent year increased by 11 percent to $29 billion and the income rose by 10.9 percent to $7.8 billions as compared to year 2000 performance.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   On February 1 the market price for Pfizer stock was $32.12 by closing. After the acquisition of Warner-Lambert the share prices rose steadily to a close of $48.00 in 1st June 2000. This indicates that in the short run the market was favoring the merger between the two companies (Http://investing.businessweek.com/research/stocks/snapshot/historical.asp?symbol=DFE)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Generally the market reacted favorably to the merger in the short run. The market prices rose, the revenue and income rose as well as market capitalization. c) Performance of the merger by return to shareholders.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The merger between Pfizer and Warner-Lambert indicated good performance in the short run. The two giant companies merged to form one very powerful company. The good performance was reflected in the market prices of the new company shares as well as in the market share revenue and earnings. The returns to shareholders also increased in the year that followed the merger.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In 2001 a year after the merger the earnings of Pfizer grew considerably to reach 1-22 per share (http://www.thestreet.com/tech/adamfeuerstein/10005524.html)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In 2002 the earnings per share was $1.46 Revenue was $32.29413. This indicated a positive growth. It showed that the merger between the two giants was paying off for the second year consequently.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In 2003 the earnings fell to 0.54 indicating a negative growth. Revenue was $44.73614. This showed a slump in the benefit that had been derived from the merger in the previous year. Though the performance of Pfizer improved the years that followed the performance of 2003 were so discouraging and brought fear that the merger may not bring as much benefits as it had been expected earlier.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In general the performance of the merger was positive to returns to the shareholders. It worked to improve the wealth of the shareholders by increasing the earnings per share and market capitalization. This was possible as the company was able to cut on cost, increase market share and consequently increase Revenue. http://www.pfizer.com/files/annualreport/2004/financial/financial2004.pdf.) Evaluation and prognosis of merger between Pfizer and Warner-Lambert. a) M&A effects on Pfizer’s long term position in its product market areas. There had been both positive and negative effects experienced as a result of the merger between Pfizer and Warner-Lambert.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The short run was characterized by very encouraging positive results. These results showed that the company was achieving its goal of becoming the most valued pharmaceutical company to all its stakeholders. The positive effects were evident in the performance of the company. Immediately after the merger with Warner-Lambert, the stock prices shot up, the revenue soared and earnings increased. The market capitalization increased significantly. All the indicators showed that the company was headed for excellence in all aspects in the industry. It was able to increase its market share to a bigger percentage than the combined market share of the companies before the merger.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   However, in the long run Pfizer performance does not reflect the earlier exhibited positive growth. There had been a slack in the trend of growth that had been observed in the short run after the merger with Warner-Lambert. The merger between the two giant companies which had been declared the first and second fastest growing companies in the pharmaceutical industry was aimed at creating one giant company with great power to foster increase growth and development. The goal was to establish strong international presence in all major markets in the industry. Merging with Warner-Lambert made the new company the biggest in the industry with a huge budget of Research and development (Knack R. 2000).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Glaxo merged with Smith Kline to form GlaxoSmithkline a company that was bigger than Pfizer after acquiring Warner-Lambert. Thus the leadership role that Pfizer wanted to have was overtaken. The competitive advantage that had accrued to Pfizer as the largest company in the industry with ability to carry out costly researches and conquer new markets as well as release many new markets, diminished. Though Pfizer tried to fight further by putting more efforts through other acquisition it never gave much impact. Pfizer acquired Pharmacia but the impact was not as big as when it acquired Warner-Lambert (Ramrattan L. and Szenberg M. 2006).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The performance of Pfizer has not been as was expected considering its performance in the short run shortly after the merger. The stock prices had risen to $46 but this is not the case now. The stock prices have been decreasing steadily from $46 in June 2000 to $22.33 as of Friday February 2008. This shows that, instead of improving the company is facing some difficulties in operation (http://investing.businessweek.com/research/stocks/snapshort/historical/asp?symbol=PFE). The company’s performance has been below the industry’s performance since 2005 to present.   The performance is also below the S&P 500 index or performance of the pharmaceutical industry. (http://www.thestreet.com/tech/adamfeuerstein/10005524.html). Homer Pfizer has struggled to restructure its operations and remain relevant in the market. This restructure was in various operations of the company and even in the leadership. The chief executive officer was changed (http://www.referenceforbusiness.com/biography/M-R/McKinnell-Henry-A-Jr-1943.html).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The declining performance of Pfizer had been characterized by loss of some share of the market thus reducing the size of the market it had captured in 2000 after the merger. Pfizer, after much restructuring and leadership of a new CEO, have managed to remain one of the biggest in the industry with a market capitalization of $152,510 millions. The leading company in this industry is Johnson & Johnson which have a market capitalization of $180,004 millions. Pfizer is the second and Glaxo Smithkline PLC is the third with a market capitalization of $132,384 million (http://hosted.ap.org/dynamic/external/ibd.morningstar.com/quicktake/standard/client/shell/AP707.html?ticker=PFE&valid=NO&MP=FP&pageidx=1&pageitemidx=2).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Generally, the merger of Pfizer and Warner-Lambert helped Pfizer to gain some crucial benefits that helped the company to establish itself better in the market place. The population, Research and development muscle and acquisition of significant patents were major boosts for Pfizer. By acquiring Warner-Lambert, Pfizer got 100% ownership of the Lipitar patent which was one of the major products that have contributed to Pfizer good performance. However this have been in the short run and for the company to establish a firm long lasting position in its product market will require adoption of another strategy which will produce more long term benefits (Cerami C. 2000). b) Major changes to strategic decisions and directions to improve performance and prospects. There are some various changes that the Pfizer Inc can undertake so as to improve its performance in the short run and in the long run. Technology use. Pfizer can adopt a more purposeful use of technology to improve its performance. Technology is a powerful business tool which can be very useful in turning performance of a company round. Technology can be used in research, production of products, management and administration and in marketing (Du Boff R. 2000). In the modern world online commerce is rife and the companies utilize this opportunity for marketing its products to more areas of the world. The company should adapt a technology strategy which should be aimed at establishing new products, managing operations, establishing new markets and increasing competitive advantage ion the already established markets. Technology can improve operations of the company by better using the technology to manage information and communication in the company as well as establishing controls in the work. These are the aspects of the company that will help it to cut on administration costs as well as achieve more efficiency and hence increasing customer satisfaction. Customer satisfaction will in turn lead to improved sales and profitability of the company (Beltran L. 2000). Technology can also achieve a lot in production. Adapting high technology may be expensive at cost but the benefit derived will be major and long lasting. Besides that, good technology will lead to improved efficiency in production which will consequently lead to reduction in cost and improvement in quality of the products (Carey D and Ogden D. 2004). Explore new market Instead of depending on the already established market, Pfizer should put more effort in market research so as to determine other potential markets for its products. Earlier entry will give the company an upper hand than its competitors in the new market. Technology can be used to help in assessing the potential of these markets and also in identifying their specific needs so as to develop the products required for that market. This will enable the company to continue being relevant to more people of the world and thus further its effort of being the most valued pharmaceutical company to all the people of the world.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Other efforts should be put to explore all potential markets so as to ensure all feasible opportunities available are utilized for the benefit of the company. The company should keep on evaluating its market and the industry. The market conditions in the modern world are characterized by rapid and more unpredictable changes and thus for a company to survive the instability that comes with unpredictable markets a lot of efforts have to be put in market scanning and evaluation of the industry. Consequently if a company want to be the leader in its industry a lot more have to be done. The company besides scanning the market has to put up a strategy that will help it to manage change effectively as well as project the market with a bigger degree of certainty and accuracy. The company should always be ahead of others and so should apply proactive measures instead of waiting to react to issues. Product range. The company should not rely on a few main products for its success in business. The company has a big range of products which should be marketed well so as to establish themselves better in the market and thus earn the company much revenue. Most of the products of the company can do better if more efforts can be used to market the products. The company should make up a marketing strategy aimed at conducting intensive marketing of all products. This will help the company to increase revenue got form all products instead of relying on revenue from a few products. Marketing can be done by utilizing emerging aspects of the market conditions. An example of such aspects includes electronic commerce. Pfizer can put up a strategy of conducting intensive online marketing and then conduct sales through electronic commerce. Pfizer should also try to market its image to European and American authorities as this will give it more easier job when it comes to lobbying for certification of new products. These measures will help the company avert problems that it had faced in the past due to delay in approval of some of its new products (Dubois W. 2003). Quick approval of products will help the company to start benefiting from its investment in the product as early as possible. Early approval of a prod7uct will also help to reduce the opportunity cost that comes up with such delays Acquisition Pfizer should reconsider its strategy of acquisition so as to gain dominance in the market. Though acquisition brings a lot of benefits, there are equally big costs involved from experience the benefits are not very long term so Pfizer should examine new strategies instead of being invested through acquisition can be invested in research of a potential market. Reference: Aitkin M Baskaran S.  Ã‚   Lamarre E.   Silber M. Waters S. A License to Cure. The McKinsey Quarterly, 2000. Associated press. Market performance. Retrieved on February 15, 2008 from http://hosted.ap.org/dynamic/external/ibd.morningstar.com/quicktake/standard/client/shell/AP707.html?ticker=PFE&valid=NO&MP=FP&pageidx=1&pageitemidx=2 BBC. Drug giants merge. Retrieved on February 15, 2008 from http://news.bbc.co.uk/1/hi/business/633782.stm Beltran L. (2000). Earnings Growth Redefined. Black Enterprise, Vol. 30, July 2000 Business wire. Warner-Lambert announces Goodes to retire.   Retrieved on February 15, 2008 from http://findarticles.com/p/articles/mi_m0EIN/is_1999_Feb_1/ai_53672006 Businessweek. Earnings. Retrieved on February 15, 2008 from http://investing.businessweek.com/research/stocks/earnings/earnings.asp?symbol=PFE Carey D. Ogden D. (2004). The Human Side of M & A: How CEOs Leverage the Most Important Asset in Deal Making. Oxford University Press. Cerami C. Is Bigger Really Better? Insight on the News, Vol. 16, March 6, 2000. Du Boff R.(2000) Herman E. Mergers, Concentration, and the Erosion of Democracy Monthly Review, Vol. 53, May 2000. Dubois W. (2003). Drug Research, the Extraterritorial Application of FDA Regulations, and the Need for International Cooperation. Vanderbilt Journal of Transnational Law, Vol. 36, 2003. Financial times May 10, 2001. Special reports. Retrieved on February 15, 2008 from Forbes.com. Pfizer 4Q profit falls but beat view. Retrieved on February 15, 2008 from http://www.forbes.com/feeds/ap/2008/01/23/ap4565943.html FTC Grants Final Clearance for Pfizer/Warner-Lambert Merger, Transaction Completed Today. Retrieved on February 15, 2008 from http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=/www/story/06-19-2000/0001246843 Goliath. Driving performance through growth. Retrieved on February 15, 2008 from http://goliath.ecnext.com/coms2/gi_0199-5212317/Pfizer-Driving-Performance-Through-Growth.html http://specials.ft.com/ft500/may2001/FT36H8Z8KMC.html http://www.pfizer.com/files/annualreport/2004/financial/financial2004.pdf http://www.pfizer.com/home/ http://www.referenceforbusiness.com/biography/M-R/McKinnell-Henry-A-Jr-1943.html Huff, A. Huff J. and Barr P; (2000). When Firms Change Direction. Oxford University Press, 2000. Knack R. Pfizer Fords a River. Planning, Vol. 66, June 2000 Mercola J. (2000). Pfizer to buy Warner-Lambert for $90 billion. Retrieved on February 15, 2008 from http://www.mercola.com/2000/feb/13/pfizer_warner_lambert.htm Pfizer. Annual reports 2004. Retrieved on February 15, 2008 from Pfizer. Pfizer and Warner agree to merger. Retrieved on February 15, 2008 from http://www.pfizer.ca/english/newsroom/press%20releases/default.asp?s=1&year=2000&releaseID=29 Pfizer. Retrieved on February 15, 2008 from Pryor F. (2001). Dimensions of the Worldwide Merger Boom. Journal of Economic Issues, Vol. 35, 2001. Ramrattan L. Szenberg M. (2006) Global Competition and the United States Pharmaceutical Industry. American Economist, Vol. 50. Referenceforbusiness.com. McKinnell-Henry. Retrieved on February 15, 2008 from Securities and Exchange Council. Facing our future together. Retrieved on February 15, 2008 from http://www.secinfo.com/dsVsj.599.htm#1stPage The Birmingham Post (England). Pfizer Looks to Global Leadership after Pounds 57bn Takeover of Warner-Lambert. February 8, 2000 The street.com. Pfizer keeps its outlook on positive side. Retrieved on February 15, 2008 from http://www.thestreet.com/tech/adamfeuerstein/10005524.html

Friday, August 30, 2019

Analyse and present research information

The Yoga is perhaps one of the most usable devices on the market. It has a great keyboard, track pad, and touchstones, and can be used in multiple positions. Yoga combines the productivity of an Ultra-book with the touch experience of a tablet, taking full advantage of the Windows 8 functionality. The screen flips a full 360 degrees into four modes that make it easy to create, share, or consume content. Combine those with its long battery life, and the Yoga provides ultimate versatility.The Leno Yoga comes at a wholesale price of $550 and is sold at a current market rice of $699, which gives a profitability of $1 50 per piece sold. It is a definite hit with consumers due to its unique design and diverse usability. Bose Sounding Mini Bluetooth Speaker: Enjoy your music on the go, everywhere you go. The [email  protected] Mini Bluetooth speaker delivers full, natural sound from an ultra-compact speaker that fits in the palm of your hand. It connects wirelessly to your smartened, tabl et or other Bluetooth device, so you can listen to your music, videos or games anytime, anywhere.Just grab it and go. Features Advanced audio performance delivers full-range listening experience The most impact mobile speaker from Bose easily goes where you go Wirelessly connects to your Bluetooth device Rechargeable battery plays up to 7 hours USB port allows for software update to ensure ongoing Bluetooth device compatibility Soft covers are available separately in blue, green or orange The speaker comes with charging cradle and power cord and accessory covers are available separately The speakers come at a wholesale price of $1 50 and the current market price is $200.Though the profitability is not much but the speakers are highly in demand and sellable very fast. Astor Pro 2: Astor Prep is one of the newest laptop external batteries, which provide 1 dependable external charger. Dependable because it does not only give exact status, but also super powered with a built-in high cap acity of mamma. Product Features Slim and comfortable in a small pouch. Fashionable feature that fits any occasion and rugged for daily use. Lightweight. Its only two pounds when shipped.With a built in lithium polymer battery: Ensures longer laptop battery life up to 8 hours or more. This external battery is equipped with two outputs for greater function. Impressive LED lights to display battery status and percentage: Astor Prep LED lights are consistent, clear, and accurate all the time. They update not only the ‘in and out' details, but they also provide the laptop battery life's percentage. With this, the user won't find it hard when to stop and connect this battery to your starving laptop. Aluminum body in a stylish packaging.Golden Messenger offers a Guaranteed Minimum Delivery Time (GMT): their deliveries, whether as-needs or scheduled, are on time or it's free. If you need same day delivery, they are the business courier service to call. Messenger can help you tit your day-to-day business delivery and run-around needs in the Melbourne CAB and metropolitan area. They provide ad-hoc courier deliveries (Standard, Express and Priority), logistics solutions, banking (including pick-up and banking of cheeses) and mail runs.They can utilize a light Van, taxi truck, half-tone or one-tone van or tray to carry out permanent runs or contract transport. Golden Messenger also offers country and interstate parcel and mail courier services, whether your freight is a full or less-than-full truckload. They will manage all your intrastate and interstate rainspout needs, including carton delivery. Golden Messenger is a professional team of couriers with a focus on communication, operating 24 hours and 7 days to transport your deliveries on time.

Thursday, August 29, 2019

Generations Essay Example | Topics and Well Written Essays - 500 words

Generations - Essay Example Growing up in this present era is undoubtedly a challenge for me and my colleagues. As we are embittered by our own disappointments and struggles, we are also being plagued by the challenges presented by our immediate environment. In the political aspect, we become a part of the rapidly integrating political systems due to the pressures of globalization. As nations realize the gains earned from opening up their economies to trade and investment, countries delimited by geographical boundaries are fast developing into a single global village. This is further aided by rapid technological advancement brought about by the popularity of virtual reality and internet technology. These further eliminate borders among political entities and promote the integration of nations. The formation of free trade zones and blocs often posts challenges in life of a youth like me. The easy access to other nations exposes everyone to the threats of terrorism. The 9-11 attack serves as a grim reminder of how these political issues shatter the dreams of some youth like me to live in security. It has been a challenge for us youths to be vigilant and be involved in political issues. It opened my eyes to my role in safeguarding this nation by helping in the thrust against terrorism.

Wednesday, August 28, 2019

Research Methodology Essay Example | Topics and Well Written Essays - 2000 words - 1

Research Methodology - Essay Example be their findings of the differences of the structure of affirmative action policies of the United States in comparison to those being implemented in India in terms of basis, approaches, government, legal impetus and coverage. The study provides interesting insights into the differences in employee’s perceptions of AAPs in India and the United States. These differences highlight both the positive and negative attitudes that people have about AAPs in the two countries. Employers should be aware of this issue and justify employment decisions based on the competencies of the selected candidates and stress that merit is not compromised. Further, the content and structure of diversity training and education programs cannot be superimposed without consideration of country and cultural differences. The authors of the research came up with the title â€Å"The tale of two cultures: Attitudes towards affirmative action in the United States and India†. The title is informative and it indicates the focus of the study. It allows the reader to easily interpret the content of the study. The following are the noted characteristics of the title of the research. The title is the subject matter of the study. The locale of the study, the population involved, and the period when the data were gathered were all omitted on the title but were indicated on the description of participants on page 164 bullets 2.3 of the research. It was broad enough to include all aspects of the subject matter studied or to be studied. Hence, the title indicated what the readers should expect to find inside the thesis report. The title was brief and concise as possible.The authors avoided using the terms â€Å"An Analysis of,† â€Å"A Study of,† â€Å"An Investigation of,† and the like. This is important since all these things are understood to have been done or to be done when a research is conducted. The abstract is found on the first page of the research. It has the findings which provide the summary of

Tuesday, August 27, 2019

Environmental radiation survey Essay Example | Topics and Well Written Essays - 250 words

Environmental radiation survey - Essay Example It is paramount for the user to wear protective gears owing to the health hazards that radiations cause. When taking measurements, it is significant for the user to adjust the device accordingly so as to have the reading in desired units. In addition, the user needs to turn on the alarm component that activates the auditory and indicating lamp whenever the set-point is exceeded. The alarm system will be operated by an acknowledgement switch that can also serve to adjust the rating that further widens the range. This precaution will prevent exceeding of the range where the maximum reading will not be the correct one. After taking these precautions, the user should make the reading and record the same accordingly. After making the required reading, the user should disengage the device from all presetting done on it. This is a precautionary exercise that will make it easier for a consecutive user to work with the device. Being a lab apparatus or industrial equipment, the device requires proper handling and storage. If the device will not be used in the near future, it is advisable to remove the

Monday, August 26, 2019

DQ 4 Secondary Research Essay Example | Topics and Well Written Essays - 500 words

DQ 4 Secondary Research - Essay Example Misleading - Secondary data is often misleading for the researcher as it is that this data had been collected for another purpose. It is merely the interpretation of primary data. The researcher should look from this point of view to understand the difference. Non-updated - Secondary data is collected from old sources. Therefore there sources may not be applicable for current needs. The researcher should check the date and time of publishing to find if the research still applicable or not. Difference in units of measurement - A researcher may mistakenly use the secondary research in his/her own units of measurement without realizing that they were in different units. The researcher should convert the units into the ones that he/she requires. Accuracy - The quality of secondary data depends on who had collected the data and how it was collected. The researcher has to be sure of the accuracy of the data before using it. Therefore the researcher should use renowned sources only to maintain the accuracy of the research. Costly - If secondary data is taken from corporate libraries or archives, the researcher would have to spend hefty sums to gain access to such libraries and archives. Non-paid websites and other sources can be used however authenticity and reliability must also be checked for. UWB is trying to launch a new product and for that purpose it hired a

Sunday, August 25, 2019

Data Collection2 Essay Example | Topics and Well Written Essays - 1000 words

Data Collection2 - Essay Example ministration and bush family members such as the former first lady, Barbara Bush, Olberman has named a host of Republican senators and numerous Conservatives and pro-Bush reporters and media personalities, such as Ann Coulter, Bill O’Reilly, Sean Hannity and Rush Limbaugh. He has, furthermore, repeatedly included Fox New Channel, which he dubs, Fox Nothing Channel and Fox Noise Channel, in his worst person of the world list, as well as conservative pro-Bush preachers, such as Pat Robertson. The above-stated, which was concluded after thorough review of Countdown transcripts at MSNBC, is indicative of an overt bias against the Bush Administration, Republicans and neoconservatives. Further solidifying this claim of bias is that rarely, if ever, is a Democrat included in that list, unless they have voted in support of the Iraq War, or who have expressed any type of support for Bush’s policies, such as Hilary Clinton. The fact that the number of Republicans, Conservatives and Bush Administration members included in the Worst Person in the World spot overwhelms the number of Democrats and Iraq war opponents included, may reflect bias but it does not reflect the extent of the bias involved. Bias is best determined through quotes: 1. Anne Coulter (Conservative, Pro-War Activist, Republican, Bush supporter); When awarding Coulter the Worst Person in the World Award just last week, for having called John Edwards feminine, Olberman said: â€Å"Calling John Edwards that name, I mean, Annie, just because you’re more mannish looking, hell, you’re more mannish looking than every man on the planet† (Olberman, 2007, â€Å"Ann Coulter†). What should be emphasised about this quote is that it descends into personal and subjective attacks; it is not an objective and critical response to Coulter’s statements, or her political position but, an attack upon her own person. In so doing, Olberman does not just reveal his own personal bias but, seems to suggest that

Saturday, August 24, 2019

MUSIC DISCCUSION MORALITY PLAYS THEN AND NOW Term Paper

MUSIC DISCCUSION MORALITY PLAYS THEN AND NOW - Term Paper Example It resulted to the death of the Groom and Leonardo, the Bride’s Lover, who killed each other. Another play is the Tooth of Crime written by Harold Pinter in 1972. It features a ritual battle-to-the-death between what seems to be rock stars but in reality could be professional hit menor cowboys. Modern-day morality stories are still popular with movie-goers and as entertainment for today’s society. For me, they are still popular because of the moral lessons they convey. As human beings, we normally want to learn from the stories we read and movies we watch. Besides, we can recommend the younger generations to watch such plays as long as they are morally-guided. Another reason is that morality stories are usually based on true-to-life situations so we can really learn from them. Although there may be fictional characterizations, still the lessons are not as different as in everyday

Chinese new year Essay Example | Topics and Well Written Essays - 500 words

Chinese new year - Essay Example An analytical explanation of the Chinese New Year festivities establishes the validity of this statement. The Chinese New Year is lunar, commencing on the first day of the new year containing a new moon and concluding fourteen days later with the Latern festival. Years rotate in accordance with both a 12-year cycle of animal zodiacs and a 10-year cycle of heavenly stems, in addition to bi-annual rotating stems. The animal zodiacs are comprised of the rat, ox, tiger, rabbit, dragon, snake, horse, sheep, monkey, rooster, dog and pig. The elements consist of Wood, Fire, Earth, Metal and Water and the heavenly stems are ying and yang. This means that depending on the date, the new year assumed the name of an animal, a particular element and is categorized as ying or yang. Within the context of Chinese culture and religious belief, the nature of a year determines one's fortunes, depending on whether or not it is in harmony with one's birth year (Ki, 2005). As earlier noted, the Chinese new year unfolds over a fourteen day period, calculated by some as fifteen since preparations commence on the day before.

Friday, August 23, 2019

Does the internet strengthen social connections Essay

Does the internet strengthen social connections - Essay Example The sources that were used for the analysis of the two sides of the debate came from both scholarly sources from Google Scholar, and from popular media sources like blogs and articles from the world wide web. May introverts feel that they can better express themselves online and are therefore more likely to form relationships in such a setting, and this is because they feel much safer, more comfortable and more confident online (Burke, Kraut & Marlowe, 2011). Moreover, online contact naturally brings about like-minded souls who share particular interests in this world of hyperpluralism, ideological diversity and widening social diversity (Stern & Adams, 2010). The Internet, with its bonding and bridging abilities, also fosters ways to build new relationships by somehow removing or reducing particular barriers like those of geographical in nature. Furthermore, by focusing only on like-minded group members and without considering other irrelevant differences, the Internet can bypass several cultural and social differences (Stern & Adams, 2010). Another advantage of the Internet when it comes to strengthening social ties is that it can link those who are interested in the same type of volunteer activities as well as the organizations that take charge of such activities. Moreover, the Internet can actually foster volunteer and community participation because it performs well its role in â€Å"supplementing real-life community gatherings† (Stern & Adams, 2010). Social interactions on the Internet have also been found to be correlated with satisfaction with school life as well as one’s degree of self-esteem. In short, the authors have concluded that the use of Facebook may actually overcome barriers faced by students who are known to have low satisfaction as well as low self-esteem (Ellison, Steinfield & Lampe, 2007). Moreover, another way by which the use of the Internet can foster and

Thursday, August 22, 2019

Identity theft IQ test Essay Example for Free

Identity theft IQ test Essay The website, www. privacy. org, featured two tests namely â€Å"Identity Theft IQ Test† and â€Å"Workplace Identity Theft IQ Test,† wherein people can more or less determine whether or not that they are at risk of unknowingly divulging their identities through identification cards and allowing shady characters to use them. In â€Å"Identity Theft IQ Test,† I was asked to answer questions pertaining to how much and how often I revealed or brought out things that are prone to identity theft such as my Social Security number and insurance card among others. I was also asked if my identification numbers are the same in all my identification cards. I got a 50 on the test which means that I am moderately prone to identity theft. In the â€Å"Workplace Identity Theft IQ Test†the questions basically pertained to what businesses can do to protect the identity of its employees since almost all employers require several identification requirements before hiring prospective employees. I got 10 out of 20 which means I am again moderately at risk to identity theft. Basically, to protect myself and prevent criminals from using my identity to commit fraud, I have to avoid bringing with me identification cards, such as Social Security cards, that can give a lot of information about myself unless I really need them. Moreover, I can also protect myself from identity theft in the place where I am employed if I make sure that the company or corporation I am working can safely secure my personal records and files. If not, I should be the one to suggest measures that can prevent identity theft to my superiors. Finally, in third test, â€Å"MailFrontier’s Phishing IQ Test,† I was tasked to assess the legitimacy of 10 email samples commonly that people commonly receive from their subscriptions or banks, such as account verification and providing of identification, among others. I got a 10 out of 10 which basically means I do not easily believe emails that ask me to give information about myself.

Wednesday, August 21, 2019

Policy of Sport Development

Policy of Sport Development In this essay the writer is going to attempt to explore the policy of sport development and physical activities. The writer is going to discuss the policy in depth, why the policy was made, what was its aim and which social problems did it address. The writer is also going to discuss how the government implemented this policy and if the policy was successful or not. In discussing the policy the writer is also going to look at the different groups of the community that are affected and how they responded to the policy. The writer will conclude by looking at how the policy has had an impact on peoples lives both the negative and positive impact. In attempting to define social policy one can not come up with one precise definition as social policy is a broad and diverse subject. According to (Spicker, P. 1995) it is the study of social service and the welfare state. The main social services include social security, housing, education, health and personal social services. The wikipedia states that social policy is the guidelines for changing maintenance or creation of living conditions that are conducive to human welfare. Social policies are as a result of government intervention in human affairs. They do not just merge up but they come about to address a social problem. Every policy has an ideological origin, aim, nature and an effect. When the labour gorvenment came into power it adopted a policy on physical activity and sport development. In April 2001 the Government published its strategy for the development of sport over the next decade (Governments plans for sport 2001). The ideological origins of the policy of sport development and physical activities included the following to improve quality of life, improve health of the nation, tackle health inequalities, promote equality, reduce crime, provide opportunity of life long learning, neighborhood renewal and social integration. The aim was to bring Britain together and also set a national strategy for neighborhood renewal. According to the article from the office of the deputy minister on neighborhood renewal unit (Renewal.net 2008) it defined neighborhood renewal as about reversing the spiral decline, working from the grassroots to deliver economic prosperity ,jobs, safer communities, education, physical activities and better health. Sport would contribute to neighborhood renewal and make a difference in crime, employment, and education. This was to be achieved by providing access to all individuals to quality sport, play, physical activity opportunity promoting individual development (East Riding Council 2008). The Council of Europe defines sport as â€Å"All forms of physical activity which, through casual or organised participation, aim at expressing or improving physical fitness and well-being, forming social relationships, or obtaining results in competition at all levels† Sport is defined broadly, embracing both formal and informal activities undertaken for leisure, health and social benefit including recreational activities such as walking and cycling. Participation in appropriate sport and physical activity provides social, health and economic benefits for individuals, communities and the country as a whole. At the heart of the sport development and physical activities was social inclusion(sport development 2001). This was to promote equality and fairness in the society and remove any form of discrimination which may include age, race, gender, ability and need. Other reasons that may result people being excluded from the society may include unemployment, poor skills, low income, poor housing, crime, bad health or family breakdown. According to the report by (Renewal.net 2008) people living in disadvantage areas, older people, people from ethnic minorities and people with disabilities were not obtaining the full social health and economic benefits from participation in sport and physical activities. Therefore Sport development was to deal with the opportunities available for people to progress to their potential in sport, from taking part for fun and health to competition and also encompasses the provision of opportunities for addressing the social issues of the day through participation in sport. The policy in sport development and physical activities aimed at addressing number social problems which included crime, health, education and social exclusion. Sport would encourage community safety. (Collins et al 1999) suggested that â€Å"sport might contribute to combat crime particularly youth and juvenile criminal behaviors.† Sport could also help youth offenders, in that they can work with officers who will assist in helping them to gain qualifications and mentor them and use sport to prevent them in anti social behaviors. Sports and physical activities prevent or control risky behaviors among young people for example tobacco or other substance abuse, unhealthy diets or violence (WHO 2003). Providing sport for young people also helps to prevent boredom and helps to teach values and morals, teamwork, respect for others and have a common goal. Sports also help in both physical and mental health. An article from the East Riding Yorkshire Council cited that â€Å"absence from work cost United Kingdom business over eleven billion pounds per annum. Sports and physical activities increase employability and help contribute to the economic vitality of the community. They also help reduce the risk of prada Willis, obesity, coronary heart disease and even diabetes. Sports can also help in therapy and can reduce stress and depression. According to (Bourchard et al, 1994) benefits of sports and physical activities also include reduction in mobility and mortality from disease of several body systems. Establishment of healthful patterns of exercise, positive attitude and adaptive mechanism for coping with stress are likely to yield continued future benefits (Conger, 1987). In addition to that they help improve the sense of well being, self esteem and confidence. Many sporting activities can also be used for rehabilitation, therapeutic and recreation for people with disabilities helping them develop positive mental attitudes (Kumbhare D, Basmajian J 2000) Another aim of this policy was social inclusion; people in the community integrate together helping them to develop a sense community identity. Being involved in sports would make people with the similar interest work together and have a better understanding of one another. Sports and physical activities also help to break social barriers. People from different backgrounds, cultures and ethnicities are able to work together as a team and have a common goal. Every member of the community can participate as they have fair access of the resources. Sports and physical activities have a positive impact on the elderly and those with disabilities as they strengthen bones and help build and maintain healthy muscle joints for people with chronic disabling conditions improve stamina (WHO 2003) The policy also aimed at providing training, employment and improve skill within the sector itself thus enhancing individuals prospects for obtaining employment. Involving people with voluntary and paid sport and physical activity leadership and coaching can help some to gain qualifications and future employment, within or outside of the sports sector. A report from the (East Riding Yorkshire Council 2008) stated that the provision of sport business and services and the manufacturer of sport goods and equipment make a significant contribution to the employment and gross value (9.8 billion pounds). To implement this policy the government divided into the following groups sport in education and sport in the community. The government placed a special emphasis on school sport this is because taking part in school sport helped young people to develop a sporting talent, improved health, team work skills and self discipline. The school sport coordinator programme stated that every pupil was entitled to 2 hours of high quality of physical education and sport in a week within and beyond the curriculum(PE, School Sport And Club Links PESSCL strategy 2002(DFES) . The government introduced different programmes to help development in children and these included the Department of Children, Schools and Families (DFES),The Childrens Act 2004, and Every Child Matters 2004 and the sure start which was to help deliver the best in life for every child by bringing together early education, health and family support. There are also organization which are to mainly support childrens sport and one of them is Tames sport development which works in partnership with over 66 primary schools and its main purpose is to provide quality sporting experience within the schools. In the community one of the primary aim was to improve accessibility of sports to everyone. The main aim was to promote equality, resulting them targerting groups like the ethnic minorities, disabled, women and the elderly. Thus by incorporating the Disability Act 1995 or the Race relations (amendment) Act 2000. In the community local authorities were going to play a central role in delivering sport in the community. Older people should at least engage in moderate intensity sport a day or active recreation three or more days a week (sports playing its part 2005 sport England). The Ashton renewal sport officer aims to provide community access for young people with little or no cost. The policy of sport development and physical activities has already had an impact on the society as a whole. According to Jacquie Smith mp parliamentary under secretary of state of school standards, in 2002 the government had established eighty four specialist sport colleges in fifty nine local education authorities and 159 school sport co- coordinators had started working with teachers and parents to provide more for people in competing sports. A research done by the British market research bureau stated that children are most popular out of hours activity was participating in sports. Some of the positive effects of sport development and physical activities include helped people develop interpersonal skills, has helped combat adolescence depression and helped reduce childhood obesity 6% of childhood obesity .The sport development and physical activities policy has been successful to a greater extent. People in different communities are engaged in local community sport sessions and eventually becoming members of sport clubs. It has also made people aware of healthy lifestyles and also has promoted increased knowledge and understanding of physical activities. Another positive effect of this policy is that a lot of young people are now participating or are involved in sport or physical activities. The Tames sport development scheme engages 7000 young people into school sport and physical education and the after school clubs within a school year attract a total of about 5000 young people from all cultures and backgrounds. In Devon secondary schools are involved in different multi sport events one of them is the pentathlon challenge were over 400 students take part in different sports. The Norfolk county has adopted a vision for physical activity which is â€Å"to make sport and physical activity an everyday part of everybodys life in a Norfolk and one of its goals to promote the value of sport and physical activity improving quality of life for all. In Norfolk schools are able to access the resources for support in sport and physical development. Greater Manchester youth games have over 400 young people participating and has also produced Paralympics competitors. Several councils have now adopted a positive approach towards sports for their communities. An example is the East Riding Yorkshire Council that believes in working with people to promote physical and mental well being. In conclusion Nelson Mandela once said â€Å"Sport can create hope where there was once only despair. It breaks down racial barriers. It laughs in the face of discrimination. Sports speak to people in a language that they can understand.† References: Alcock, P 2003, Social policy in Britain. 2nd edition. Palgrave. Macmillan. Bourchard, C. Sherphard, RJ Stephens, T, 1994, Physical activity, fitness and health international proceedings and consensus statement and campaign. IL. Human kinetics publishers. Conger, J.J 1987. Behavioral medicine and health psychology in a changing world. Conger J, Galambos N, 1997, Adolescence and youth 5th edition, longman. East Riding of Yorkshire Council(2008) leisure sport and physical activity policy. http://www.eastriding.gov.uk [accessed on the 28/5/08] Kumbhare D, Basmajian J, Decision making and outcomes in sports rehabilitation. Renewal.Net 2008, Sport and physical activivity. http://www.renewal.net, [accessed on the 29/5/08] Spicker, P 1995, Social Policy .Themes and Approaches ,London, Prentice Hall. Sport development 2001, Government policy and sport. http://www.sportdevelopment.org.uk. [accessed on the 28/5/08] http://www.bmj.com/cgi/content/full/.308/6942/1500 http://www.neighbourhood.gov.uk

Tuesday, August 20, 2019

Business Report Al Ain Dairy Farm Marketing Essay

Business Report Al Ain Dairy Farm Marketing Essay Al Ain Dairy, first established dairy farm in United Arab Emirates is a leading producer of dairy products. Al Ain Dairy began its business in 1981 and with time it now has three cattle farms with more than 3,000 head of milking steers and one camel farm with more than 200 dairy animals. With significant investment in dairy production technology, packaging machines and testing equipments, Al Ain Dairy farms were able to achieve hazard analysis and critical control point (HACCP) certification in 2009 (an ISO 22000:2005 certificate) which means they can supply products to the UAE and export the same for the international market. Al Ain Dairy aim is to be the preferred choice of dairy and poultry products of households in UAE. Dairy have range of beverages and dairy products such as fruit yoghurts, Benecol yoghurts, coffee drinks, drinking yoghurt, potted cheese, crà ¨me caramel, custards, fruit desserts and cream for his customers. The dairy also provides variety in milk from normal to flavors like strawberry, banana and chocolate. The company also supplies fresh fruit juice in six flavors produced from fresh juice concentrate. With the increased demand of camel dairy products since early 2008, company has also involved himself in production and supply of camel milk and camel milk ice cream. Retail Presence of Al Ain Diary Products According to a recent study by the Department of Economic Development (DED) UHT juices and UHT milk as products that have great potential for export. In line with this, Al Ain Dairy, the first established dairy farm in the UAE and a leading producer of dairy products, has become one of the few dairy farms in the region to fully depend on its own herds of cows after it has launched a project, among its many activities, to minimize importing and boost local cow breeding with aims to increase milk production and further strengthen its leading position in the highly competitive market. Al Ain has more than 3000 milk producing cows and 2500 young stocks that are supplying the raw milk products to various outlets in country. According to one of the press report in UAE, in Q1 of 2009, the company saw an 18% increase in sales campared to the same period in 2008. In January 2010, the company have increased its total output by 23% compared to the same period in 2009. Al Ain Diary has its own retail chain of stores named Farm Fresh. Best of Al Ain Dairy and Al Ain Poultry products which have be known to be of high quality, healthy and fresh and specially their nutritious products such as Camel Milk, Max Calcium, Benecol, Optimil, Slim are available in all farm fresh outlets. Eng. Abdullah Al Darmaki, CEO, Al Ain Dairy, said: Our aim is to promote our Retail Concept and Exclusivity by introducing Convenience Shopping for our customers. According to one of the press realease in UAE, The dairy and fruit juices industry is expanding at a rate of 10% annually and currently meets 56% of the demand in the UAE, Despite of the current 26 operating cattle farms in the country which contain 15,000 cows producing 167,000 tonnes of fresh milk annually, the local markets needs are still being covered by imported products. Highlighting the huge demand for dairy products in the UAE, the local market faces an essential need to expand according to recent studies which have further recommended that dairy industry should research and develop new and differentiated products designed to meet specific needs and tastes of the local consumers as imports do not completely satisfy the demand. Commenting on this subject, Eng. Abdullah Al Darmaki, CEO, Al Ain Dairy, said: The decision to grow our own cattle has been derived from Al Ain Dairys vision to be recognized as the preferred choice of dairy products for all customers and to become a self-sufficient plant that provides a 100% locally manufactured products Current level of maturity of the companys supply chain of its beverage products The objective of every supply chain should be to maximize the overall value generated. The value of as supply chain generates is the difference between what the final product is worth to the customer and the costs the supply chain incures in filling the customers request.(Chopra, Meindl 2006) The diary currently have 26 operating cattle farms in the country which contain 15,000 cows producing 167,000 tones of milk annually. It is important that fresh and safe milk should be reach to consumer. For this Al Ain Diary farms have eight step critical procedure name cold chain to supply of milk from cow to consumer The cold chain procedure ensures the supply of fresh and safe milk to consumer. Firstly the cows are milked under hygienic conditions, then the raw milk output is examined by technicians at the processing plant to ensures that the milk is of the required quality and standards. The milk is then stored in silos at a constant temperature of +4 °C before starting pasteurisation. The milk is then goes under pasteurisation and homogenisation. Before storing milk from diary to sales depots it is packaged or formulated into other dairy products Al Ain Dairy has its own fleet of vechicles which is fitted with cooling units to ensure that milk should be reach to reatilers at required temperature. Al Ain Dairy salesmen coordinate with retailers regulary to monitor the temperature of cold storage units used to display products. The cold chain process ultimately gives assurance to consumer that they are purchasing the freshest milk that has been produced, stored and distributed under the most hygienic and controlled conditions possible, said Al Darmaki. Objectives Zero stock-outs Stock out is when business run out of stock; and zero stock out is when this condition never occurs. But it does not mean that business to hold too much buffer stock. It is to ensure that a business has exactly the correct amount of stock at any one time. On-time delivery of orders On time delivery is to measure the efficiency of supply chain which in turn measures the amount of finished product or service delivered to customer on time and in required quantity. It helps determine how efficiently we are meeting our customers or agreed deadlines Operational Decision And Analysis Company takes decision on the basis of individual customer needs. The aim of supply chain operations is to fulfill customers needs in the best possible way. There are six key elements to a supply chain: Production Supply Inventory Location Transportation, and Information Company needs to take decision at all these levels to achieve the objectives of zero stock out and on time delivery. Production Our aim is to meet customer demand and satisfaction for this company need to work on capacity, quality and volume of products. We need to focus on what are customers requirements and the market demands to take strategic decisions for production. On the other hand, operational decisions will focus on scheduling workloads, maintenance of equipment and meeting immediate market demands. Supply While keeping the quality high company needs to determine what facilities they are able to produce. Company can also go for outsourcing if required, but company should be careful to select the same. Inventory It is a critical issue in effective supply chain management. Operational inventory decisions should ensure the optimal levels of stock at each location. Company need to focus on how much product should be in storage and need to balance the same to meet market demands as market demands fluctuate. Location Decision regarding location should consider that facilities should be located near to consumer. Production plant should be close to raw material; and distribution and stocking facilities should be placed to prime location to the dedicated market Transportation Transportation encompassed 30% of the cost of product, so using correct transport mode is critical decision. Here company has its own fleet of vehicles to ensure smooth delivery of products under hygienic and controlled conditions. Information In todays competitive world astounding paper work and discordant computer system are unacceptable. Decision should be taken to obtain information from the point of end use. Need to have good coordination throughout the whole supply chain. For this network of computer and internet should be used to streamline the flow of information. Some software can also be used over LAN for account management and communication. Al Ain Dairy Farms provide technical expertise, team facilitation, leadership, and direction in deciding how you will meet the challenge. According to one the press realease in UAE, Al Ain Dairy has expanded its quality control system at local farms and processing plant through the establishment of two new technologies; a Food Lab System and Somatic Cell Counter. The voluntary testing equipment, which is adopted to ensure that all the companys dairy products meet international quality standards in accordance with the companys recent ISO certification. According to Mr. Abdullah Saif Al Darmaki, CEO of Al Ain Dairy, the continued growth of the UAE dairy industry will depend on the ability of large-scale producers to maintain international health standards as operations become more complex and geographically fragmented. The farms supplied raw milk must also go through additional screening procedures at the laboratory, using a Swedish-made Somatic Cell Counter. Somatic cells are white blood cells secreted by the cow and are one of the key indicators of whether raw milk is suitable for refinement. While this screening is a common test at dairy farms, few companies also implement the practice at their processing facilities. Recently Al Ain Dairy, has increased its juices product line by introducing two new juice flavours, guava and pineapple, to complement its existing range of six fruit juice products. Commenting on the introduction of the new flavours, Abdullah Saif Saeed Al Darmaki, CEO of Al Ain Dairy said: Growing our consumer base has been an important goal for us. With increasing demand in the market, we wanted to reinvest a significant portion of our profits in expanding our product lines and raising our production capacity. So far we are happy with the results. The company have also installed a High Efficiency Particulate Air Filter (HEPA) to filter the facilitys air and ensure a sterile working environment. According to one company report, better efficiencies and cost saving plans during a year also encouraged the growth of gross operating profits by almost 23%.

Monday, August 19, 2019

Great Grey Owls Essay -- essays research papers fc

Great Gray Owls   Ã‚  Ã‚  Ã‚  Ã‚  I learned many interesting things by reading this article on great grey owls. I really had no knowledge of this species before I began, but I now have a certain respect for them because of the familiarity I have gained. One interesting aspect of these owls is their hunting methods.   Ã‚  Ã‚  Ã‚  Ã‚  The great gray owl is a very aggressive hunter when it finds its prey. â€Å"These owls don’t just pounce, the plunge† (Warren, p.78). First, they locate their prey with the help of their large facial disk that funnels sound to their ears. Then, they tuck their extremely sharp hooked-shaped claws under their chin and torpedo headfirst towards the ground to snatch their next meal. In winter, when there is snow on the ground, the owl plunges into the snow. After a successful dive, it wiggles out from below the surface of the snow and takes its food to a safe spot to eat. These owls are so powerful when they hunt, they can shatter snow crust thick enough to hold a 180 pound person. I don’t think they will be losing too many meals with that kind of force. This hunting technique these owls use gives them a great advantage over other birds in the winter, because others must go to a place where the snow is not so thick. Great gray owls eat a variety of rodents in the lower 48 states, but stick to mostly voles in Canada and Alaska. These small rodents make up 80-90% of their diet. In the winter, adult gray owls can assume up to one-th...

Sunday, August 18, 2019

Eternal Life Essays -- Essays Papers

Eternal Life 1 Is there life after death? In Kate Chopin’s â€Å"The Story of an Hour,† Mrs. Mallard â€Å"is drinking the elixir of life through her open window.† It is possible that this very elixir provides Mrs. Mallard with her freedom through eternal life. Through Chopin’s use of characterization, conflict, and symbols, the author reveals the theme that like Mrs. Mallard, some people can achieve freedom through eternal life. [Does "eternal life" here mean life after death, or, as in "Dr. Heidegger's Experiment," life without death? The basic problem with this essay is that it overlooks the primary point of the story -- Louise glimpses freedom as a result of the death of her husband, and then loses that freedom with the realization that he is still alive. It is a story of "an hour" because Louise has only an hour of freedom. Although the writer of this essay makes a valiant attempt to support the thesis, there really is not enough religious (or moral) symbol ism, etc. to support it.] 2 Chopin’s physical and emotional characterization of Louise suggests the woman is experiencing a spiritual encounter that includes the possibility of eternal life. Early in the story, Chopin uses characterization to describe Mrs. Mallard’s physical condition, noting that she has â€Å"heart trouble† (12); this description foreshadows her death, [i.e. not eternal life] which will take place later in the store [story]. [Isn't it also symbolic?] The author illustrates that Mrs. Mallard is physically exhausted by writing that when she hears the news of her husband’s supposed death, she sinks into a â€Å"comfortable, roomy armchair . . . quite motionless with her head thrown back† (12). Chopin goes on to write that Louise experiences â€Å"physical exhaustion that haunted her body and seemed to reach into her a soul† (12), which allows the reader to see that something is taking place within her both physically and emotionally. [This paragr aph demosntrates that "something is taking place," but not that it relates to eternal life.] 3 The author also describes Mrs. Mallard as feeling â€Å"young, with a fair, calm face, whose lines bespoke repression and even a certain strength† (12)-- the strength of God. [What suggests that it is the strength of God, and not just a personal strength of her own?] From the statement â€Å"now her bosom rose and fell tumultuously† (12), the reader can sens... ...new freedom?] Her â€Å"moment of illumination† (the true light) signifies her soul is now saved. She even breathes a â€Å"quick prayer† (13), which is symbolic of her quest for a divine intervention and repentance[.] (s[S]he is totally and completely engulfed with the presence of God). [No, what was she praying for? A long (not eternal) life.] One of Mrs. Mallard’s last actions is to rise (resurrection action) â€Å"at length and [open] the door† (the gateway to her salvation). In addition, the author provides the reader with the words â€Å"joy that kills† (13), the joy is symbolic of her freedom and â€Å"that kills† is symbolic of her eternal life. [CS -1] [Why would "that kills" be symbolic of "eternal life"?] These words provide the reader with an understanding that a human being must experience death to receive eternal life. Louise has found her freedom through eternal life. 9 Louise’s figurative elixir of life is the foreshadowing [?] that Chopin uses in the story to express Louise’s freedom through eternal life. In regards to past readings, Nathaniel Hawthorne’s Dr. Heidegger’s Experiment, [Title] the elixir is both literally and symbolically a recipe for immortality or eternal life.

consumer behavior Essay -- essays research papers

Conceptualizing Involvement The plethora of consumer behavior and social psychological literature on involvement suggests considerable interest in this construct. There has not, however, been a common conceptual or methodological framework to its examination in either literature (Laaksonen, 1994; Jain and Srinivasen, 1990; Rothschild, 1984; Zaichkowsky, 1985; Traylor and Joseph, 1984). Three main perspectives of involvement are evident in extant literature; product-centered, subject-centered and response centered orientations (Finn, 1983). The product-centered perspective defines involvement as the perceived importance of the product to the consumer, i.e. whether the product is trivial and, therefore, unimportant, or serious and thus important. The subject-centered view maintains that consumers differ in terms of involvement-type variables. Three sub-groupings of subject-centered definitions have been postulated. They include interest/importance, relevancy (goals/consequences) and commitment (ego involvement). In this perspective, involvement has been defined as either the level of interest the consumer has in a product category or how important it is to her; the level a consumer is involved with a product in so far as it is related to some achievable end or concerns information that will directly impact on them; and, the level of commitment the consumer exhibits with respect to her position on an issue (Greenwald and Leavitt, 1984; Rothschild, 1984; Simon, 1967). The final alternative perspective views involvement as response-centered. This view holds that involvement is the active participation in information processing (Engel and Blackwell, 1982; Bettman, 1979). Despite the many and varied definitions of consumer involvement that have emerged in the literature, two common ideas emerge: first, involvement is a multi-dimensional construct (McQuarrie and Munson, 1986; Laurent and Kapferer, 1985), and, second, it is a motivational force which can help explain various behavioral outcomes, (for example, number and type of choice criteria, extensiveness of information search, length of decision-making process, variety seeking, and brand switching). The multi-dimensional aspect of involvement has been demonstrated by various researchers who suggest that the dimensions include: normative involvement - the importance of product class to values, emotions, and ... ...rable groups to take control of their reproductive health. To improve public health, social marketing focuses on changing prevailing attitudes and behaviors at all levels. In order to do this, people must believe that they are at risk. They must feel confident they have the power to change their own behavior, and new behavior must be compatible with prevailing cultural norms. In addition, health providers and retailers must often be convinced that the products and services being promoted are needed, safe and socially acceptable. Increased health impact. Social marketing is considered one of the most effective types of public health interventions because it offers measurable results. The ultimate goal of social marketing is social impact. In the area of public health, this translates into reduced risky or unhealthy behaviors that can in turn have an impact on the spread of diseases, chronic malnutrition or uncontrolled birth rates. Social marketing impact is often measured in terms of CYP (contraceptive years of protection), reduced prevalence of diseases such as sexually transmitted infections, malaria and food-borne diarrhea, or increased number of patients at network clinics.

Saturday, August 17, 2019

Aed 201 Appendix a

Axia College Material Appendix A Final Project Overview and Timeline Final Project Overview Currently, many teachers and paraprofessionals are required to create a professional portfolio as part of their pre-service education. Use Appendix A to help you create a Professional Development Plan, which is a component that can be added to your professional portfolio. In a 2,100- to 2,500-word paper composed in Microsoft © Word, include answers to the following questions: * What are your goals in the next five years? In the next 10 or more years? * What steps are necessary to get you to your goals? What obstacles can you foresee and how will you overcome them? * What is one principle from the INTASC Principles Web site (http://cte. jhu. edu/pds/resources/intasc_principles. htm) that you feel you need to improve the most in order to be effective in the education profession? What existing professional development program(s) could you pursue to address the need to improve in this area? What professional development programs can you enroll in to help you prepare to meet the diverse needs of today's learners? * How will you evaluate your progress? What will help keep you motivated toward achieving those goals? * What professional organizations will you join? Why? What do you expect to gain from membership in these organizations? * What techniques will you use to help you develop leadership skills? Final Project Timeline You should budget your time wisely and work on your project throughout the course. As outlined below, some CheckPoints, assignments, and exercises in the course are designed to assist you in creating your final project. If you complete your course activities and use the feedback provided by your instructor, you will be on the right track to complete your project successfully. * Suggested in Week One: Read Appendix A. Consider how current reforms will affect your 5- and 10-year goals. Review the INTASC Principles at http://cte. jhu. edu/pds/resources/intasc_principles. htm Suggested in Week Two: Make note of anything you’ve come across while interviewing a teaching professional that could be an area of improvement for yourself before or during your first year in the classroom. * Suggested in Week Four: Begin searching for professional educator organizations and/or programs that interest you. * Suggested in Week Five: Begin outlining and writing your final project. * Suggested in Week Eight: Complete and proofread a rough draft of your final project. * Due in Week Nine: Submit your final project.

Friday, August 16, 2019

Leading a Virtual Team Essay

Johnson had just completed her first month as manager for succesful company that provides a variety of web-based services and solutions. Last week, she was informed that she would be the new leader of a team that included 10 individuals. To her surprise, not only were these team members diverse in terms of their functional training and expertise, but they also represented a variety of culture backgrounds and only three were located in her office building. She quickly learned that 7 of 10 individuals actually worked from their home countries that included Japan, China, Mexico, Australia, Germany, Colombia, and Egypt. Up until this point, this â€Å"virtual team† collaborated on projects by using a variety of communication tools, including instant e-mail messaging, telephone calls, videoconferencing, document sharing, and occasional meetings at head quaters. After reviewing some of the past meeting notes and communication transcripts among the group members, Johnson realized that many of the team members had very different communication styles and levels of proficiency in English. The team’s new assignment was an important one. The 10 members needed to develop and roll out a new product within the six weeks. This was in direct response to a new product just by a major competitor. To complicate matters, a six-week product development cycle was unheard of; until this point, the company’s turnaround time for a new product offering was approximately three months. The company had no choice. If they did not counter the competitive threat immediately, then the company risked losing some key customers and market share. Johnson researched the past performance of her newly inherited virtual team. Although the overall quality of past decisions was quite high, the team seemed to take several months to make those decisions. This was a potential problem for Johnson. Time was no longer a luxury. She has to figure out a way to encourage the team to move faster without comprising quality. Through a combination of analyzing past team meeting notes and transcripts and speaking one-on-one with team members, she started to accumulate some facts that might be useful in solving the decision-making speed issue. First, Johnson discovered that the Japanese and Chinese team members did not participate much in the videoconferences or telephone conference call, but rather preferred written communication in the form of faxes and e-mail. In contrast, the Australian and Mexican team members seemed to thrive on telephone calls and face-to-face meetings. Second, there appeared to be some infighting among the three members of the group that were domiciled at headquaters. Most of the past arguments seemed to be about the group’s goals and mission. Each had a very different idea in mind in terms of what the group needed to accomplish. The comments in written communications didn’t get personal, but there were definitely heated debates about what objectives the group should be focusing on. The third potential obstacle to faster the decision making had to do with sporadic use of face-to-face meetings. To her surprise, Johnson discovered that such meetings rarely occured and that there was no attempt to bring the group together when it was first formed last year. Johnson expected that the team would have met and perhaps engaged in some team building exercise to build trust and rapport among team members. This was not the case. In addition, the team did not receive any form of decision making or group conflict resolution training. Johnson sat back in her office and thought about the problem at hand. She needed to develop and launch a new product within six weeks. In order to produce a high-quality product, each of the 10 virtual team members had to contribute their knowledge and effort in a cooperative and timely manner.

Thursday, August 15, 2019

A Study on the Barriers of Women in IT and Banking in the UK, And Their Perceptions on Glass Ceiling

The following is an exploratory research based on the issue of women facing barriers to promotion and growth in the information technology and the banking sectors of the UK economy. The research highlights the various issues faced by women managers and employees in these segments and how the concept of discrimination still exist despite anti discriminatory laws for the workplace.Moreover the concept of the glass ceiling is also observed, as to how it limits the growth of women in the information technology, banking and financial sectors in the region of United Kingdom. While the research is comprehensive in nature, it is limited in terms of its results only to the United Kingdom.Literature Review â€Å"While, statistically, figures show an increase in women's representation in the Science, Engineering and Technology domain, academic research is yet to explore in greater depth both the reasons for women's continuing under-representation at senior levels and their work experiences.â⠂¬  (Wilson-Kovacs, Ryan & Haslam, 2006) Equality between women and men in the workplace is a hot topic all around the world.However UK has been facing issues operating to glass ceiling and women’s barriers in the workplace more than their counterparts in America. Glass ceiling is the term used to describe a scenario where equally qualified and participating men are seen to be promoted and receiving a higher salary and benefits than their female counter parts at the same position.The glass ceiling is based on the attitude bias of the community and the people employed in the workplace that creates barriers for women and minority groups to achieve positions of leadership.â€Å"In August 2006 Forbes reported that 70% of women and 57% of men believe an invisible barrier — a glass ceiling — prevents women from getting ahead in business, according to a study of 1,200 executives in eight countries, including the U.S., Australia, Austria and the Philippines were the f indings of a study conducted by Accenture.† (‘Women Still Face Glass Ceiling’, 2008)With the changing times and melding cultures, women of all ethnicities and diverse regions that are present in the UK are seeking positions of employment in professional services. This combined with the fact that they have gained extensive education in specializing fields has enabled them to enter the labor market as highly skilled professionals.However despite the investment in their careers the women are not able to achieve positions that their counterparts are achieving in a specific time frame along with the same qualifications and experience. Specific to the legal, financial and baking related firms, the transition of a female employee into a partner is sex biases, undertaken mostly under pressure or durance on part of the board.The females as a result are also plagued by problems pertaining to maintaining a falsified image and living up to expectation of the men. â€Å"the p resence of a self-managed career advancement process necessitating a proactive approach to demonstrating individual contribution; and the need to ‘fit’ a prevailing model of success within the firm which is a masculine model and is more problematic for women.† (Kumra, & Vinnicombe, 2008)Aside from this the discrepancies for jobs and the barriers into employment in the UK are more prominent for ethnic women as compared to the white women. This is mostly because of the fact that the employers have a higher degree of discrimination for the way the ethnic women dress in the workplace.Moreover while asking an applicant about their plans for establishing a life, getting married and having children are considered discriminatory by the British Law, these questions are still persistently an repeatedly been asked off black, and Asian women seeking employment in the UK.â€Å"Research by the Equal Opportunities Commission (EOC) has revealed that Pakistani and Bangladeshi wom en aged under 35 are between three and four times more likely to be unemployed than their white counterparts, while black Caribbean females are twice as likely to be out of work.† (‘Ethnic minority women face employment barriers’, 2005)

Wednesday, August 14, 2019

The increase in electoral support for the Nazi Party in the years 1928-33

To what extent was the increase in electoral support for the Nazi Party in the years 1928-33 the result of effective propaganda and electioneering? The years 1928 to 1933 were very significant for the Nazi Party and their leader, Adolf Hitler. After the attempted Munich Putsch, the Nazi Party had well and truly entered the political spotlight of German politics and had successfully re-established itself after Hitler was released from prison in 1924. Following on from being so heavily in the public eye, the Nazi Party had a rise in support due to increased awareness of the party, but 1928 marked a steep increase in this.There are many factors that contributed to this increase in electoral support for the Nazi Party from 1928-1933, but it was largely due to effective propaganda and electioneering. Nazi propaganda was under leadership of Joseph Goebbels, who was able to identify the concerns of all sectors within the German population and use this to create a remarkable propaganda schem e. An example of this is where workers were addressed with posters depicting endless queues of unemployed people, suggesting that Hitler would be able to abolish unemployment – a miracle that was readily accepted by this group.As well as targeting specific groups, Goebbels was able to manipulate a variety of propaganda techniques, from using posters to nursery rhymes to the radio. The Nazi Party presented an image that appealed to everyone through their use of propaganda. It is because of propaganda that they were able to convince the public of their ability to transform the country to one ridden with debts, political instability and embarrassment to a global superpower that was successful in every aspect. Even now, Nazi propaganda is still viewed as a remarkable achievement for the Nazi Party and is undoubtedly one of the main reasons why Nazi support increased from 1928-1933.Electioneering is the other main reason for the increase in electoral support. In terms of Nazi poli cy itself, although it was controversial, Hitler was careful to be very careful about certain points – especially regarding religion. The 25 Point Programme of the Party depicted that it â€Å"represents the point of view of positive Christianity†, whereas in reality the Nazi Party stood for the complete opposite. With the majority of Germans being Christian (2/3 of these were Catholic and 1/3 Protestant), the Nazi’s could not afford to alienate the Church and risk repelling the majority of the electorate.Throughout their electioneering, the Nazi’s used the SA to intimidate the opposition and sometimes even carry out such violent attacks that political figures, especially Communist politicians, were unable to continue their own electioneering. This allowed the Nazi party to reduce their opposition and allowed them to manipulate the public further using their effective propaganda. As the Nazi Party organised propaganda rallies to build up electoral support , they also organised members to attend the rallies disguised as potential voters. This gave the impression that the party was extremely popular and therefore encouraged voters that might otherwise vote for another larger party to support the Nazi’s instead.These propaganda rallies were used to persuaded all of Germany to vote for Hitler and his party because Hitler was able to constantly travel around the country using an airplane. This electioneering meant that he was able to directly address potential supports and use propaganda to convince them to vote Nazi. It could be claimed that Hitler himself contributed largely to the electoral success of the Nazi Party. Many women found Hitler aesthetically attractive and emphasis was placed on his bright blue eyes and his friendly nature towards children. Men found Hitler as a man to admire – he was charismatic and some newspapers even labelled him ‘Hitler the Superman’.Above all, Hitler was a brilliant auditor and had the ability to captivate audiences that was unmatched by no other politician and delivered speeches with such power that it was hard not to be swept in by his manipulative and misleading words. However, it could not be said that Hitler himself contributed to the increase in electoral support to a larger extent than propaganda and electioneering. Another factor that could be argued to have resulted in the increase in electoral support is the very climate of Germany during that time.Following on from the failure of war in 1918, Germany was stampeded with crises after crises. In economic terms, the funding of the war had resulted in inflation and forced Germany to borrow loans from the USA in order to pay the  £6600 million in reparations. This meant that when America suffered from the Wall Street Crash, Germany was hit by Depression in 1926. Living standards plummeted and Germany was on the verge of a civil war. Consequently, the German people looked towards extremist parti es to provide them with the revolutionary change needed to return Germany to a least a partial stability.Again, whilst this was a big factor in increase of Nazi support, the situation in Germany was balancing out, especially as the effects of hyperinflation were weakening by 1925. Therefore, the hardships that Germany faced during this period cannot be accountable for the increase in the Nazi Party’s electoral success compared to the propaganda and electoral success that was constant throughout 1928-1933. In conclusion, the increase in electoral support for the Nazi Party in the years 1928-33 was the result of effective propaganda and electioneering to a far extent. A variety of factors contributed to this increase, including Hitler’s personality and the downfall of Germany during the post-war years.However, the strongest factors were persistently the Nazi’s propaganda campaign that was led by Goebbels and their electioneering methods. Through this, they were ab le to specifically target groups within the electorate and develop the Nazi image itself which drew support from voters and caused the German people to trust them to restore Germany’s former status.

Tuesday, August 13, 2019

Against Capital Punishment Research Paper Example | Topics and Well Written Essays - 1250 words

Against Capital Punishment - Research Paper Example The whole purpose of criminal justice system is to rehabilitate criminals but capital punishment defeats this very purpose. Killing a criminal means that state believes there is no chance a criminal can improve. Capital punishment therefore should not be permissible because it is not found to be effective, can result in killing of an innocent person and defeats the concept of rehabilitation. Studies have proved that crime rate does not decrease as a result of administration of capital punishment. A comparison between two states of similar culture and crime rate has shown that execution does not deter crime (Zimring, Fagan, & Johnson 2009). This comparison was made between two states, one with capital punishment law and other without it. This clearly shows that killing a person does not produce the widely argued ‘deterrence’ effect. Killing a person cannot decrease crime rate and therefore the main argument that is made in favor of capital punishment is rejected. There are many other motivators of crimes therefore death punishment alone cannot reduce crime rates significantly. A criminal is not thinking rationally when he or she commits a crime therefore it is impossible to stop criminal behavior just by the threat of capital punishment. The argument of deterrence can also work if capital punishment is prohibited. A lifelong sentence in prison can also deter a criminal so there is no need for capital punishment. Sometimes capital punishment is not justified for certain types of criminals. For example serial killers and serial rappers should be forced to live all their life in confinement. This should be more appropriate for them as killing them at once will only end their life but lifelong confinement will hurt them daily. The concept of retribution, therefore, can also be well served by abolishing capital punishment. Research has also suggested that bad prison conditions