Teaching New Skills And Methods Essay - 1356 Words

It is the training that is planned and structured and that takes place mainly at the normal workstation of the trainee and where managers and trainers spend significant time with trainee to teach a set of skills that have been specified in advance. On the –job –training includes mentoring and coaching, learning by doing, shadowing and job rotation, e-learning, and apprenticeship. Mentoring and coaching: mentoring is when an experienced employee takes charge of the training and development of a new employee. The mentor acts as an adviser and protector to the trainee. Coaching in another hand is when a manager takes an active role in guiding another manager. The coach gives guidance through direction, advice, criticism, and suggestion in an attempt to aid growth of the employee. Learning by doing: this is aver popular way of teaching new skills and methods to employees. Learning by doing often happens under the supervision as part of a training or induction orientation process, and is closely associated with the practical experience of carrying out a task. Shadowing and job rotation: shadowing aims to give trainee managers a feel for organization by providing experience of working in different department, whilst the job rotation or switching roles help relieve boredom and thereby raise important because it fits the HRM team working and empowerment. E-Learning: is an informational and learning exchange environment to facilitate learning for employees whenever they need it,Show MoreRelatedTeaching Styles Of The Nurse Educators856 Words   |  4 PagesComparison of Teaching Styles The nurse educators are faced with the challenge of adapting their teaching styles to accommodate a new generation of learners. 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America s Elder Population Is Living Longer - 936 Words

America s elder population is living longer. Current data trends show that 46.2 million people living in America are age 65 and older (Millennials Outnumber Baby Boomers ,2015). Research shows the life expectancy of the average American woman is 81.2 years of age. Although advancements in medicine continue to evolve there remains one condition which impedes the quality of life for this growing population. Dementia, an Alzheimer s related condition which hinders the quality of life for 3.2 million woman in the United States (Latest Alzheimer s Facts,2013). To date, there are no effective treatments available to cure dementia, however efforts are being made to alleviate aggression, depression and sleep disturbances associated with the disease. Current treatment options for the symptoms of dementia often leave those affected with serious side effects. 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Australia does have some major problems with their politics and elder care. Mitch is nineteen years old and lives with both his parents and grandmother. Mitch lives in Gold Coast, Queensland, which is , â€Å"the second largest city† in Australia (Stephens). The area Mitch comes from is an urban area that has a lot

Differences Between Full Cost Method and Successful Effort Method In Oil and Gas Accounting free essay sample

An accounting system used by companies that incur exploration costs for oil and natural gas that does not differentiate between operating expenses associated with successful and unsuccessful exploration projects. Regardless of the outcome, successful and unsuccessful operation expenses are capitalized. Under Full Cost Method, all property acquisition, exploration and development costs, even dry hole costs, are capitalized as oil and gas properties. These costs are amortized using a unit-of-production method based on volumes produced and remaining proved reserves. The net unamortized capitalized costs of oil and gas properties less related deferred income tax MAY NOT exceed a ceiling consisting primarily of a computed present value of projected future cash flows, after income taxes, from the proved reserves. Under this method, the Company capitalizes all acquisition, exploration and development costs for the purpose of finding oil and gas reserves, including salaries, benefits and other internal costs directly attributable to these finding activities. Although some of these costs will ultimately result in no additional reserves, we expect the benefits of successful wells to more than offset the costs of any unsuccessful ones. the full cost (FC) method, allows all operating expenses relating to locating new oil and gas reserves, regardless of the outcome, to be capitalized. In addition, gains or losses on the sale or other disposition of oil and gas properties are not recognized unless the gain or loss would significantly alter the relationship between capitalized costs and proved reserves of oil and natural gas attributable to a country. As a result, we believe that the full-cost method of accounting better reflects the true economics of exploring. The Successful effort Method The successful efforts (SE) method allows a company to capitalize only those expenses associated with successfully locating new oil and natural gas reserves. For unsuccessful (or dry hole) results, the associated operating costs are immediately charged against revenues for that period. . Successful Effort Method Only the cost of successful efforts is capitalized. Cost of exploratory dry holes, geological and geophysical (GG) costs in general, delay rentals, and other property carrying costs are expensed. The net unamortized capitalized costs are amortized on unit-of-production method, whereby property acquisition costs are amortized over proved reserves and property development costs are amortized over proved development reserves. The basic concept underlying the successful efforts method of accounting for oil and gas exploration and production activities is based on a direct cause-and-effect relationship. The successful effort method follows the premise that an enterprise is to capitalize only those costs it incurs that directly result in an asset that has future benefit measured in terms of future cash flows. Like many other oil and gas companies, the Company has chosen to follow the successful efforts method. It is believed that this method is preferable, as many oil Companies focus on exploration activities wherein there is risk associated with future success and as such earnings are best represented by attachment to the drilling operations of such Companies. Costs of successful wells, development dry holes and leases containing productive reserves are capitalized and amortized on a unit-of-production basis over the life of the related reserves. Other exploration costs, including geological and geophysical expenses applicable to undeveloped leasehold, leasehold expiration costs and delay rentals are expensed as incurred. In accordance with accounting under successful efforts method of accounting, oil Companies review proved oil and gas properties for indications of impairment whenever events or circumstances indicate that the carrying value of its oil and gas properties may not be recoverable. When it is determined that an oil and gas property’s estimated future net cash flows will not be sufficient to recover its carrying amount, an impairment charge must be recorded to reduce the carrying amount of the asset to its estimated fair value. This may occur if a field contains lower than anticipated reserves or if commodity prices fall below a level that significantly effects anticipated future cash flows on the field. Differences Between The Successful Effort Method And The Full Cost Method. Below are some of the differences between The Successful Effort Method and The Full Cost Method. By contrast, the successful efforts accounting method only capitalizes expenses related to successful ventures. 2. Under the successful-efforts method, costs such as geological and geophysical (GG), exploratory dry holes and delay rentals are expensed as incurred, where under the full-cost method these types of charges would be capitalized to their respective full-cost pool. In the measurement of impairment of oil and gas properties, the successful-efforts method of accounting follows the guidance provided in Statement of Financial Accounting Standards (SFAS) No. â€Å"Accounting for the Impairment or Disposal of Long-Lived Assets,† where the first measurement for impairment is to compare the net book value of the related asset to its undiscounted future cash flows using commodity prices consistent with management expectations. Under the full-cost method, the net book value (full-cost pool) is compared to the future net cash flows discounted at 10 percent using commodity prices in effect on the last day of the reporting period (ceiling limitation). If the full-cost pool is in excess of the ceiling limitation, the excess amount is charged through income. 3. According to the view behind the SE method, the ultimate objective of an oil and gas company is to produce the oil or natural gas from reserves it locates and develops so that only those costs relating to successful efforts should be capitalized. Conversely, because there is no change in productive assets with unsuccessful results, costs incurred with that effort should be expensed. On the other hand, the view represented by the FC method holds that, in general, the dominant activity of an oil and gas company is simply the exploration and development of oil and gas reserves. Therefore, all costs incurred in pursuit of that activity should first be capitalized and then written off over the course of a full operating cycle. 4. In Statement of Financial Accounting Standard (SFAS) 19, the FASB requires that oil and gas companies use the SE method, while the SEC allows companies to use the FC method. These two governing bodies have yet to find the ideological common ground needed to establish a single accounting approach. 5. Initially, net income for both an SE and FC company is impacted by the periodic charges for DDA and production expenses, but net income for the SE company is further impacted by exploration costs that may have been incurred for that period. Thus, when identical operational results are assumed, an oil and gas company following the SE method can be expected to report lower near-term periodic net income than its FC counterpart. As with the income statement, when identical operational outcomes are assumed, for a company following the FC method of accounting near-term results (shown in the cash flows from operations (CFO) portion of the statement of cash flows), will be superior to those for a company following the SE method. CFO is basically net income with non-cash charges like DDA added back so, despite a relatively lower charge for DDA, CFO for an SE company will reflect the net income impact from expenses relating to unsuccessful exploration efforts. Similarities Between The Successful Effort Method And The Full Cost Method Below are some of the similarities between The Successful Effort Method and The Full Cost Method: 1. The two methods represent conflicting views in the industry about how oil and natural gas companies can most transparently report their earnings. 2. Exploration costs capitalized under either method are recorded on the balance sheet as part of long-term assets. This is because like the lathes, presses and other machinery used by a manufacturing concern, oil and natural gas reserves are considered productive assets for an oil and gas company; Generally Accepted Accounting Principles (GAAP) require that the costs to acquire those assets be charged against revenues as the assets are used. 3. Each view insists that the associated accounting method best achieves transparency relative to an oil and gas companys accounting of its earnings and cash flows. 4. When there are no new reserves  being added, reported net income under longer term SE and FC, each companys CFOs will be the same. This is because adding back the non-cash charge for DDA effectively negates the relatively larger impact to net income under the FC method of accounting. 5. Regardless of the method it chooses to follow, an oil and gas company engaged in the exploration, development and production of new oil or natural gas reserves will incur costs that are identified as belonging to one of four categories: i. ) Acquisition Costs  Acquisition costs are incurred in the course of acquiring the rights to explore, develop and produce oil or natural gas. They include expenses relating to either purchase or lease the right to extract the oil and gas from a property not owned by the company. Also included in acquisition costs are any lease bonus payments paid to the property owner along with legal expenses, and title search, broker and recording costs. Under both SE and FC accounting methods acquisition costs are capitalized. Typical of exploration, costs are charges relating to the collection and analysis of geophysical and seismic data involved in the initial examination of a targeted area and later used in the decision of whether to drill at that location. Other costs include those associated with drilling a well, which are further considered as being intangible or tangible. Intangible costs in general are those incurred to ready the site prior to the installation of the drilling equipment whereas tangible drilling costs are those incurred to install and operate that equipment. All intangible costs will be charged to the income statement as part of that periods operating expenses for a company following the SE method. All tangible drilling costs associated with the successful discovery of new reserves will be capitalized while those incurred in an unsuccessful effort are also added to operating expenses for that period. For an oil and gas company following the FC method, all exploration costs, including both tangible and intangible drilling costs, are capitalized by being added to the balance sheet as part of long-term assets. Development costs involve the preparation of discovered reserves for production such as those incurred in the construction or improvement of roads to access the well site, with additional drilling or well completion work, and with installing other needed infrastructure to extract (e. g. , pumps), gather (pipelines) and store (tanks) the oil or natural gas from the reserves. Both SE and FC methods allow for the capitalization of all development costs. iv. ) Production Costs The costs incurred in extracting oil or natural gas from the reserves are considered production costs. Typical of these costs are wages for workers and electricity for operating well pumps. Production costs are considered part of periodic operating expenses and are charged directly to the income statement under both accounting methods. Conclusion When investing in companies involved in the exploration and development of oil and natural gas reserves, company analysis should include recognizing which accounting method a company follows. The differences between the two methods and their impact on near- and long-term net income and cash flow should prove helpful when comparing individual companies past results and future expectations.

Symbolism in Compass and Torch free essay sample

This story uses powerful symbols to reveal deep meanings within the relationship between the father and son, such as the title, ‘Compass and Torch’. The compasses in this story represent guidance in their relationship. By forgetting them, this shows that they both have no sense of direction, therefore are lost. The torch (which they both remember) uses the symbolism of light to show that they both hope to find their relationship, shown in the line, ‘two torches are for lighting a bigger space in the wilderness, for lighting it together. Two torches are for father and son to back each other up. ’ Yet later on in the story, the man’s actions show that he gives up this hope. The symbolism of the opening line is clear as we realise what this trip is revealing about their relationship. ‘The road ends with a gate,’ You see here that the writer is suggesting this trip will lead to an epiphany for the father, in particular as he realises that opening this ‘gate’ is simply too much for him. We will write a custom essay sample on Symbolism in Compass and Torch or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The gate represents the much needed turning point in their relationship that he will not cross- he cannot bear the pain of his son. This is seen at the end, in Line 171, ‘the man gently takes away the torch’, suggesting that he has given up, taking away the only hope the child had left. The setting beyond the gate continues the suggestion of pain and old wounds, ‘bleached bruised age-old spills of purple It implies that moving forward with their fragile relationship will be painful, and we are introduced to an omniscient narrator that reveals their feelings. ‘Watching Dad. Watching what Dad is. Drinking it in: the essence of Dadness. ’ The writer makes us focus on this moment of the boy watching his father, which leads us to question why he is so desperate to take in ‘the essence’ – can it be because his dad seems almost like a stranger, because of his prolonged absences, and the boy feels the need to remind himself of his father? The omniscient narrator shows the son more pained than we would ever expect a child to be, which affects the reader deeply as you consider the amount of damage that can be done to a child through mere gestures. The reader feels empathy toward the desperate child and despairing father, as we read on and watch their relationship fall into disrepair.

Restaurant Meal Analysis Essay Example

Restaurant Meal Analysis Essay Example Restaurant Meal Analysis Essay Restaurant Meal Analysis Essay Restaurant Meal Analysis Name: School: Course/Number: Lecturer: Date: Restaurant Meal Analysis Currently people have become increasingly aware that eating healthy is positively correlated to good health and have since been careful about what they eat. It is therefore left to the restaurants to provide food that meets these healthy requirements to satisfy customer demands. McDonalds is one of the leading fast food restaurants in America, which has changed its menu to offer healthier meals to its customer. In this paper, we analyze one of McDonalds’ meals in detail and give a brief overview of the whole menu. This paper will focus on the grilled Ranch Snack Wrap from this restaurant in terms of the meals nutritional values as well as ingredients. The ingredients and their nutritional content for the grilled Ranch Snack Wrap are as follows: First, the meal contains new grilled chicken fillet that has up to 45 calories, those from fats being 5 with none of the fats being saturated or Trans fats. The new grilled chicken contains no carbohydrates, no dietary fiber and zero sugar (mcdonalds.com, 2011). Additionally, it contains 30 (mg) cholesterol, 10 (g) 8 (IU) of vitamin A, 1 (mg) of vitamin C, 2(gm) of calcium and 0.5 (gm) of iron. The second ingredient is flour tortilla that contains 150 calories, 40 calories from fat and total fat of 4(g). It does not contain any Trans fats, cholesterol or vitamin C and A. It also contains, saturated fats of 1.5(g), 330 (mg) of sodium, 22 (g) of carbohydrates, 1 (g) of dietary fiber, 1 gram of sugar, 4 (g) of proteins, 30 (mg) of calcium and 1.5 (mg) of iron. The third ingredient is shredded cheddar/ jack cheese that contains 40 calories, 25 calories from fat, and total fat of 3 (g) (mcdonald s.com, 2011). It contains no Trans fats, no dietary fiber, no sugars, no vitamin C and no iron. It also contains 2 grams of saturated sugars, 10 milligrams of cholesterol, 75 milligrams of sodium, 1 gram of carbohydrates, 2 grams of carbohydrates, 100 (IU) of vitamin A, and 70 milligrams of calcium. The fourth ingredient is shredded lettuce that contains none of the above-mentioned nutrients in the three ingredients. The fifth ingredient is new premium ranch sauce that contains 40 calories, 35 calories from fat, and 4 grams total of fat. It does not contain Trans fat, any dietary fiber, sugars, proteins, vitamin c and iron. Additional nutrient contents are 0.5 grams of saturated fats, 5 milligrams of cholesterol, 85 milligrams of sodium, 1 gram of carbohydrates, 30 (IU) of vitamin A, and 6 milligrams of calcium (mcdonalds.com, 2011). The total nutritional values of the whole meal are 270 calories (110 calories coming from fats), 12 grams of total fats, 4 grams of saturated fats, zero trans fats, 45 milligrams of cholesterol, 70 milligrams of sodium, 25 grams of carbohydrates, I gram of dietary fiber, 2 gram of sugars, 16 grams of protein, 140 (IU) of vitamin A, 1 milligram of vitamin C, 110 milligrams of calcium, and 2 milligrams of iron. This is presented in a table format at the end of the paper (mcdonalds.com, 2011). The contents of each of the five ingredients are as follows. First, the new grilled chicken fillet contains chicken breast fillet and a rib meat, seasoned with rice starch, sugar, yeast, onion powder, maltodextrin, paprika and sunflower oil among others. It is prepared with hydrogenated cottonseed liquid margarine and salt among others. Flour tortilla contains enriched flour, hydrogenated soybean oil and little sugars among others. It also contains wheat. Shredded cheddar/ jack cheese has cheddar cheeses, pasteurized milk, salt, and potato starch. The new premium ranch sauce contains soybean oil, butter milk, distilled vinegar and in general contains milk, egg, soy and wheat (mcdonalds.com, 2011). This meal could be considered healthy depending on the nutritional needs of the individual since different people taking different activities will have different nutritional needs. Generally, the meal may be considered healthy since it contains proteins, calories, vitamins, sugars, fats, and carbohydrates as well as minerals such as calcium and iron. These nutrients should come from foods such as meat for proteins, vegetables for vitamins, fats, starch or carbohydrates and minerals from salts. However, the meal contains many nutrients that are not natural and have added sugars, fats and oils. Moreover, they are not in the right proportions. This is one of the fast meals McDonalds have improved to make its menu healthy to meet this demand. However, the meal cannot be considered healthy as it lacks some important nutrients such as dietary fiber that are highly needed by the body. It also contains sodium that does not come from natural foods but from additives and refined salts. There are many meals served in McDonalds that are closely related to this meal and others that are even more nutritious, such as the salads served with main meals. Some of the menu items at McDonalds are chicken nuggets, snack wraps – such as the one just analyzed – burgers, sandwiches, grilled and crispy bacon, chicken, and beef. More include Big Mac bun, mayonnaise dressing, McRib bun that contains wheat and soy and French fries. Some of the breakfast menu items are egg muffin, sausage muffin and more. All the meals are closely related containing the same nutrients, lacking dietary fiber and other important nutritional needs for a healthy diet (mcdonalds.com, 2011). Most of the contents have hydrogenated oils, additives and sweeteners such as high fructose corn syrup that is rich in fats. The bigger portion of the nutrients are fats and calories that add weight if consumed over a long time. In addition, most of the meals are cooked by frying where the hydrogenated fat s are heated to high temperatures. Such fats may clog the blood vessels, which can be a serious health problem. Generally, the food from this fast food restaurant is not healthy and over-consumption may lead to other unwanted health conditions such as obesity. McDonalds is the world’s leading fast food restaurant. Majority of its customers prefer buying to eat out rather than cooking at home. The restaurant offers take-out meals. Many people find having meals at McDonalds quite convenient, as they are not involved in the time it takes to cook. This way, they can save time for other activities they may want to fulfill. When people are used to this kind of lifestyle, they are not fully aware of what the meal served contains in terms of nutritional content as method of cooking does make a difference. By providing ready to eat fast foods, McDonalds may be discouraging people from maintaining a healthy diet. Some people need specific meals to keep a healthy diet, which they may find hard to do. Moreover, McDonalds fast meals are tasty and very alluring causing people resort to them on a regular basis. The meal discussed above is considered healthy, but most of the other meals might not be as healthy and may cause weight gain if consumed daily. Most of the meals that are made at McDonalds as already seen to contain relatively high fat and calories that could lead to weight gain for many people as well as other health complications. Most people forget that fast foods are not supposed to be relied on for a long time or regularly as they do not provide all the nutritional value needed in the body. However, they have added salads as side meals to their main meals to make them healthier, but this does not mean that people will stop eating the other delicious but unhealthy foods. Another problem caused by the restaurant is the frequent dinner programs where customers are offered rewards for eating at the restaurant to encourage them to frequent the restaurant. This keeps customers coming back due to the offers they get from the restaurant and incentives such as soft drinks that are rich in refined sugars, contributing to the unhealthy eating. Moreover, most of the foods in this restaurant are high in hydrogenated oils that are not healthy and continue to cause weight gain. Food from McDonald’s is very tasty and delicious but it cannot be considered healthy as most of the nutrients are lacking or are not in the right proportion. From the analysis, it can be concluded that the major nutrient in this restaurant is carbohydrates, sugars and fats that are not natural as they come from refined ingredients. caloriesCalories from fatTotal fatsSaturated fatTrans fatsCholesterolsodiumcarbohydratesDietary fibersugarsproteinVitamin AVitamin Ccalciumiron (g)(g)(g)(mg)(g)(g)(g)(g)(g)(IU)(IU)(mg)(mg)New Grilled Chicken Fillet45 5 0.5 0 0 30 200 0 0 0 10 8 1 2 0.5Flour Tortilla140 40 4 1.5 0 0 330 22 1 1 4 0 0 30 1.5Shredded Cheddar/Jack Cheese40 25 3 2 0 10 75 1 0 0 2 100 0 70 0Shredded Lettuce0 0 0 0 0 0 0 0 0 0 0 0 0 0 0New Premium Ranch Sauce40 35 4 0.5 0 5 85 1 0 0 0 30 0 6 0Total27011012404570025121614011102 (mcdonalds.com, 2011). Reference mcdonalds.com. (2011). Ranch Snack Wrap (Grilled). Retrieved from mcdonalds.com/us/en/food/full_menu/snacks_and_sides/ranch_snack_wrap_grill.html

Why is Act I scene V of Romeo and Juliet an effective piece of drama Essays

Why is Act I scene V of Romeo and Juliet an effective piece of drama Essays Why is Act I scene V of Romeo and Juliet an effective piece of drama Essay Why is Act I scene V of Romeo and Juliet an effective piece of drama Essay Shakespeares Romeo and Juliet is about Romeo from the Montague family and Juliet from the Capulet family who meet and fall in love. But the problem is, their families are feuding. They tragically die because of their love for each other and then their families make up.I will be analysing Act I scene V of Romeo and Juliet and showing how it is an effective piece of drama, by showing the Dramatic effects, the Themes, and the Plot Development.In Shakespeares time, the audience was live, and there were no special effects in places like the Globe theatre (Shakespeares plays were written to be performed there), so the actors (or players) had to work hard in portraying their characters and scenes.Dramatic effects that could be created were through changes of mood and pace from section to section, and the behaviour of actors, with the emphasis of words, gesture, and movement. In Romeo And Juliet, Dramatic irony was used a lot, as the audience know that the end is trag ic because of the prologue, but the characters do not know.The characters speech in Act 1 scene 5 shows the contrast of characters; with those who speak in prose are lowborn, servants, and those who speak in blank verse or rhyme are noble, higher, main characters. For example, Wheres Potpan, that he helps not to take away? He shift a trencher! He scrape a trencher! In comparison, Tybalt speaks in rhyme; Now, by the stock and honour of my kin, To strike him dead I hold it not a sin The only exception would be a comedic character speaking in prose, but this does not apply in this scene. The use of contrast and similarity between the old and young, aggressive and sensitive, and noble and lowborn reveals their characters in more depth.There are three main themes included in this play. One theme is Hatred. In Act I Scene V this includes the anger of Capulet towards Tybalt when Tybalt tells Capulet of Romeo at the party. He shall be endurd. What, Goodman boy! I say he shall. Go to. He use s short, snappy sentences, imperatives, to show his anger towards Tybalt. Tybalt shows hatred towards Romeo, as shown here; Fetch me my rapier, boy. What, dares the slave Come hither, coverd with an antic face, To flee and scorn at our solemnity? Tybalt uses sibilance so he sounds spiteful. Tybalt has thoughts of revenge towards Romeo, and says, I will withdraw, but this intrusion shall, Now seeming sweet, convert to bittrest gall. The hatred shown here affects the rest of the play because without this hatred, later in the play, Romeo would have not killed Tybalt, not got sent to Mantua, and the tragedy of Romeo and Juliets death would have not happened.The theme of Love is portrayed when Romeo sees Juliet for the first time. O, She doth teach the torches to burn bright! It seems she hangs upon the cheek of night He uses rhyming couplets and portrays Juliet as light, and beautiful compared to everything else. When Romeo and Juliet speak to each other for the first time, they are spe aking in a sonnet, mirroring each others words. They are literally in a world of their own, as they are separate from all the other characters on stage, and the audience is focused on them, even though there is still a party in the background. Romeo and Juliet are having the same amount of lines and important words, such as hands or lips, which shows their mutual feeling, and their true and pure love is shown by their sensitive behaviour and their speaking of hands and lips. To some this may seem flirtatious, but there is religious imagery included, such as; And palm to palm is holy palmers kiss. Juliet is speaking here of the pilgrims that touch the hands of the saints statues in church, and how significant they are, relating them to a kiss. She is literally telling Romeo that he may either touch her hand or kiss her, which makes their love for each other more pure and innocent.The last theme is Fate. Romeo seems to hint a foreboding sense of unease; Ay, so I fear, to more is my un rest. And Juliet speaks of love and death; My grave is like to be my wedding bed. These are premonitions, as what they speak of actually happens later in the play. They also show dramatic irony, as the audience already know what will happen in the end from the prologue.The plot shows cultural traditions and setting of the time, with the family honour of the people of Verona. Tybalt is insulted by Romeos presence at the party, and is honourable to his family. Uncle, this is a Montague, our foe; A villain, that is hither come in spite, To scorn at our solemnity this night his aggression shows that he is an violent and reckless character.At Capulets party, they are to introduce Juliet to Paris, but Juliet does not fall in love with Paris, but with Romeo instead. The party also shows that Capulet has a large house with many servants and a large, full table of food and drink available for anyone who would like to take advantage of this. Come, lets away, the strangers are all gone. This t ells us that he would invite strangers into his house so they would enjoy themselves. This shows his status as quite high for that time, because people of that time were known for their kindness and generosity.The development of the plot shows the characters relationships and motivations grow. More action is introduced, and the audience become tense from the storyline. This scene is very significant towards the rest of the play, and is a significant piece of drama in that way, as the whole production of Romeo and Juliet is a very significant piece of drama itself.

The sudden economic crises of Dubai, a result of their own doing A Essay

The sudden economic crises of Dubai, a result of their own doing A critical perspective within the Michael Porter's diamond model for international businesses - Essay Example However with global recession hitting the world in 2008 all investments came to a halt. The market became bearish and infrastructure projects came to a halt. Dubai was adversely affected because the property prices during normal times were sky high but dropped immensely during recession. It was felt by analysts that Dubai was like a pack of cards and its fall was inevitable. It was regarded as a monument of greed and vanity. It is in this context that the report is prepared and it analyzes how the own doing of Dubai led to the crisis. The crisis is analyzed using Porter’s Diamond model and it has been found that Dubai largely depended on foreigners to avail its services. The domestic demand from locals was not very high. Porter has identified domestic demand as an important factor for a firm’s competitive advantage. This was Dubai’s weakness. As far as labor factors are considered there are not many local labors available in Dubai. Dubai depends on laborers from other countries which is a setback for Dubai. Moreover lack of education is also an important factor which Dubai needs to work upon in order to be competitive in future. The United Arab Emirates is divided into seven city states which has their own governments, own budgets, own legal structure and so on. Dubai has developed at a very fast pace but in the last decade it has increased it spending massively in major infra structure projects in order to develop real estate and to attract tourists. The Dubai problem started when Dubai World which is the state owned company having a liability of $60 billion, announced its bail out plans (Spencer, 2009). The uncertainty regarding Dubai sent down shivers across the globe. It led to more than $14 billion being wiped out of the British banks. Although the total debt of Dubai was around $80 billion, the uncertainty had a rippling effect all across the globe (Hosking & Robertson, 2009). The report tries to find out the main causes