Formation of a Company Under Companies Act, 1956 Essay

A company is an association of both individual and natural persond incorporated under the existing law of a country. in ters of the companies act,1956 it is defined as: â€Å"a company means a company formed and registered under this act or any existing Company†sec 3(1). procedure for formation: ahy seven or more persons or where the company to be formed is a private company,any two or more persons associated for any lawful purpose may by subscribing their names to a memorandum of association and otherwise complying with the requirements of the companies act,1956 in respect of registration,form an incorporated companywith or without limited liability.(sec12) The following ingredients are required for the formation of a company: 1.promoters of the company 2.lawful objective for which they associate themselves. 3.promoters must subscribe their names to the memorandum of the company 4.promoters must comply with the requirements of the companies act,1956in respect of registration which is as follows: a.declaration of compliance in Form1as prescribed in Companies(central Governments)general Rules and Forms1956 executed by any one of the following persons: advocte of a high court or a supreme court,attorney or a pleader entitled to sppear before a high court,a company secretary or a chartered ccountant in whole time practice. b.a stamped and signed copy of memorandum and articles of association. c.notice of situation of registered office in form18 d.formno.32containing particulars of a person th act as managing/wholetime director of the company. e.particulars in favour of one of the subscribers to the memorandum duly executed on a non judicial stamp paper of the requisite value. f. any agreement which the company proposes to enter into with any person g.original true copy of the Registrar of Companies letter intimating about the availability of name. 5.minimum paid up capital must be one lakh rupees for a private company and rupees five lakh for a public limited company. A private ltd company can immediately commence its business after a Certificate of registration is issued by the Registrat after due verification of the documents and on payment of the prescribed fee as specified in ScheduleX., apublic company having a share capital can commence its operations after getting the Certificate of Commencement of business from the registrar.

Choosing and Describing Applications and Hardware Essay

Hardware is any piece of computer equipment which can be physically touched. All hardware can then be split into four major categories: o Input o Output o Processor o Storage Some examples of hardware are: o Mouse – Input device o Keyboard – Input device o Monitor – Output device o Tower – Processing/Storage device o Printer – Output device o Scanner – Input Device Software is a coded program which can only be used while the computer is running. It is a non-physical thing which cannot be physically touched. Without the software, a computer would be useless. Some examples of software are: o Microsoft Word o Microsoft Excel o Pain Shop Pro o Microsoft Access o PhotoFiltre HARDWARE: 2. Input Devices The types of input devices available to me were: Input devices Advantages Disadvantages Keyboard – Allows the entry of number, letters and punctuation by the user pressing keys corresponding to each symbol. o A wide range of different symbols can be produced o It is quick and easy to do it you can touch-type o It is simple to learn how to use one o Speciallist keyboards can allow more detailed and comfortable typing o Most computers have one attached as default o Inputting data can be a very tedious process, especially if the user is not a touch-typer o Errors can easily be made by accident by the user’s hand/fingers slipping o It cannot be used to easily access menus and change settings of the software Mouse – A standard pointing device which allows the cursor to move by moving the physical object. A ball is placed in the base of the mouse, and it’s movements are proportionate to the movement of the cursor. It also has two buttons on it to press on-screen buttons. o It comes as standard with most desktop computers (not laptops) so no additional cost is incurred o It is very simple for the user to learn how to use one, which means the majority of users can use them o They are normally attached by a wire to the computer, so the mouse needs to be near the computer o A flat space is needed to use it properly o It is not compatible to use with all types of hardware e.g. notebook or palmtop computers Digital Camera – This is a device which allows the user to take photographs of scenes. It works by a array of light sensors, and when a picture is taken the colours are converted to digital signals by these sensors. These picture can then be transferred to a computer when necessary, and they can also be printed. They come is a variety of resolutions. o Pictures can be taken, and then deleted immediately if they are not liked/needed o No film is needed, and it contains RAM which is good because it allows pictures to be taken off the camera, and more pictures can be put on again in the RAM o Editing the images is very easy and quick o Images are easily transported from one piece of software to another o They are becoming more and more easy to buy in shops (commercial) o The cameras are more expensive than normal ones, and the price is normally proportionate to the resolution, which means good quality cameras are extremely expensive o Memory is expensive, so images often have to be compressed to allow a suitable number of pictures to be stored, the pictures are normally very large (e.g. 3KB) Or only a few pictures can be taken if they are not compressed Scanner – A scanner copies text or pictures which are placed inside the lid. It works by shining a beam of light onto the paper you are copying and the light is then changed into a digital image. This device comes in lots of different resolutions and the pictures can the be stored onto the computer and special software can modify the picture to make different effects. There are two types of scanner: flatbed scanner and handheld scanner. o They can be very accurate because they normally have a very high resolution, far higher than digital cameras o Any of the images produced can be put onto the computer and enhanced to make different formats of picture and to produce different effects of the picture o It is one of the only ways to get a detailed picture of a piece of paper onto a computer o Images are normally very large and tend to take up a lot of space, which either means they have to be compressed to allow more pictures to be stored or only a few images can be stored o The quality of the final image is normally dependent on the quality of the original piece of paper, which has some limitations o Some scanners can be large and take up a lot of space o A flat area is needed for a flatbed scanner which may not always be available It is important that data is entered correctly because accuracy is extremely important. If telephone numbers are entered incorrectly, this would mean that customers would be unable to contact the organisation if needed. This could be detrimental to the number of enquiries it would receive. This could be harmful to the amount of profit gained by the organisation, which could have been easily prevented if this human error was picked up earlier. It also makes the organisation become sloppy and unprofessional if problems like this are not spotted, and if work is not proof read before it goes to print. I could check that the data has been correctly entered by proof reading everything several times, and getting an unconnected person to read it through to spot any errors. This would prevent any misunderstandings and confusion. I could also use the ‘Spelling and Grammar Checker’ which is on most of the Microsoft programmes, which could pick up lots of mistakes. But this does not pick up missed letters or missed words which would cause even more confusion. This can again be resolved by proof reading. The choice of data entry method can affect speed and accuracy because typing is normally a very slow and tedious process which takes up a lot of time. This method of entry means that it is also easy to make a typing error, which not always be picked up upon, which is inaccurate. If a microphone was used, alongside a voice recognition programme, it would be a much quicker and efficient method of entering data. But this software is expensive to purchase but once up and running, it is easy to use for most people. 3. Output Devices The types of output devices available to me were: Output devices Advantages Disadvantages Monitor – This is the most common piece of equipment for displaying information, and the picture is made of pixels, and the resolution is dependent on how dense the pixels are. Typically they are of 17inch size, but some are larger, and more expensive! o They normally come default with a standard computer o They are very reliable o It allows to user to know what they are doing o It can display text and graphics all at the same time, in complicated layers o Flat screens do not take up excessive amounts of space o New screens are normally light and they do not reflect a lot of sunlight because of the specially designed screens o It is not a permanent copy, if items are not saved they will be lost when the computer is switched off o The screens are normally made of glass so they can be fragile and reflect a lot of light which can make the screen hard to read o They are not suitable for users with visual problems o The screen is only a certain size, which limits the amount of information that is able to be shown at one time Laser Printer – Their function is to put ink onto paper, so that a hardcopy of the document can be produced. It works by fusing powdered ink onto paper. o They can produce a very large quantity of prints in a very short amount of time e.g. 10 – 20 ppm sot hey are very efficient o The quality of the printouts are very good, with a high resolution e.g. 600 – 1200 dpi o The device is almost silent when running and when printing, which is good because it means it doesn’t disrupt work o Even though the toner cartridges are expensive, they last a very long time which means the running costs are relatively low o The printers nearly always have a high start-up cost, especially the colour ones o The hardware used is very complex and they are hard to repair if they break, which can be costly o They are very bulky and take up a lot of space which means not everyone would be able to have them o Only certain sizes of paper can be used in them, which can cause problems Inkjet Printer – Its function is to put ink onto paper, so that a hardcopy of the document can be produced. It works by letting ink flow out of a nozzle onto the paper. o They are cheap to buy and run, which means they are suitable for most householders and small offices o They have a relatively good resolution, which means their prints are of a good quality e.g. 300 dpi o They are quiet so they don’t cause a nuisance to workers o They are not as bulky or heavy as Laser Printers which makes them easier to store and use o They are slower compared to Laser Printers, which means they are not necessarily suitable for bigger offices, colour prints can take up to 30 seconds per page o The general cost of the cartridges is more than those of the Laser Printers o Cartridges also need to be replaced much more frequently than Laser Printers o The ink takes a few minutes to dry and it can easily be smudged if the wet ink is touched o Cartridges can easily dry out if left for a long period of time The similarities and differences between these are 4. Hardware used (for input and output) The hardware I used to make my system included In the computers that I used, they all had a 40GB Hard Drive which means that the computer can store 40GB worth of programs and games for it to function properly. The Hard Drive stores all the computer’s information and protects it all when the computer has been turned off. The computers also had Pentium 4 Processors in them, which are microprocessors, which allows a much higher bandwidth than on computers with the old Pentium 3 Processors. It also has 256MB RAM, which allows the computer to do all the necessary tasks needed, when the computer is turned on. All these components are more than are actually needed, but they just allow the user have an easier time while carrying out tasks on the computer. 5. Reasons for choosing this hardware. I decided to choose this hardware because it was the only option available to me in school. But the 6. Alternative hardware. I could have chosen different hardware to use: Hardware Advantages Disadvantages Suitability for my problem Track Ball – This is similar to a normal mouse but instead of moving the object to make the pointer on the screen move, your fingertips move the ball which is on top of the object. It also has two buttons on it so buttons on screen can be clicked. It is normally used with CAD. It is an input device. * It uses up very little space when being used, because the actual object just stays in one place and does not move around like a mouse does * They are useful for computers that have limited spaces as the ball can be built into the keyboard * The user has to learn how to use it which can be difficult if they are used to a normal mouse * They do not come standard with a computer and have to be bought separately at an extra cost It would be very suitable to use when doing my project because once the user is used to using it, the process would be much quicker. It would also be useful because it is small and can carried around to be plugged into various computers at different locations. Graphic Tablet – This is a flat pad which is placed on the worktop and a special pen is used to write on it. This allows much more accurate/detailed pictures to be produced on the computer compared to a mouse. Designers normally use this hardware and it is a input device. * It is an easy way to input hand-drawn pictures into the computer without using a scanner * It is easy to use, just like writing on paper * Letter/word recognition software can be installed to make a easier method of inputting text * They can be expensive to buy * It is harder to click on menu buttons than with a regular mouse * The pictures they produce will normally be a â€Å".jpg† file which can be hard to edit once on the computer This wouldn’t be very suitable because there is no need for detailed pictures top be put on the computer that can’t be created via another method. It would also be too expensive for me to buy personally so it would have to be provided by a second party. Speakers – These are a type of hardware which is used to listen to sounds and music. They either come within the computer (internal) or they can be placed next to the computer and attached with wires (external). * Everyone can hear the sounds, so it is especially good for making and presenting presentations. * If special software is used, text can be converted into sound which is especially helpful for sight-impaired users. * Headphones can normally be attached * External customers can end up being very expensive * Space is needed next to the computer for external speakers to sit * The speakers could disturb other people working This piece of hardware would be helpful to use because it would have allowed me to add sounds to my presentation which I could hear in the making of it. SOFTWARE: 7. Software used The software I used to create my system was: Software Advantages Disadvantages Microsoft PowerPoint – This is normally used to make basic presentations, and animations and sounds can be added to make the presentation more effective. This was used to make my main presentation. * The program comes with the standard package of Microsoft Office, so no extra charge is incurred to purchase it * Most people are familiar with the program * The controls on the program are relatively easy to use, so many people can use them * The program does not have very good graphic settings, so normally another program had to be used to manipulate pictures etc * Illiterate users may find it hard to use * It is easy to make mistakes when producing presentations PhotoFiltre – This is a complex graphics package, which is used to make and manipulate pictures, and is often used to create logos etc. I used this program to produce my logo for the Health Centre. * The controls on the program are very easy to use * Pictures can be manipulated easily, as to improve the effect of the graphic * This is not a default program of the Microsoft package, so an extra charge is incurred for the user to purchase it * Many users are not familiar with the program, so they may have to learn to use it or they may turn to an easier program 8. Alternative solutions. Software Advantages Disadvantages Suitability for my problem PaintShopPro – This is another graphics program and could be used instead of PhotoFiltre. It could be used to create my logo. * This program is more well known than PhotoFiltre, so more people would be able to use it * There is more advanced versions available which allow more complex manipulation to take place * This is more expensive than PhotoFiltre, and can often cost hundreds of pounds * It is hard to use unless you have been trained in using it This would be very suitable for my problem as it does the same job, just in a more efficient and quick way- because the controls are a lot more complex. But this program was not available in school.

Ap Compare Essay Essay Example for Free

Ap Compare Essay Essay AP Compare Essay During the 1450- 1800s, both the Spanish Empire and the Ottoman Empire were becoming powerful. Spain found the Americas while the Ottomans took over Constantinople. Both contained land which allowed Spain to focus on raw materials while the Ottoman Empire focused on expansion. Spain found the Americas which allowed Spain to find raw materials and help increase their economy. The Spanish was able to dominate other Empires because they found the Americas. On the other hand, the Ottoman Empire started to expand across the region because they were able to take over Constantinople. This allowed the Ottoman Empire to become one of the world powers. As soon as Spain found the Americas, they focused on grabbing raw materials because it would allow them to dominate the world economy. This also allowed Spain to become richer and powerful. However, as soon as the Ottoman Empire gained control over Constantinople, the Ottoman Empire knew they were able to expand their Empire because the Empire gained a lot of power which other countries were afraid of. Spain’s empire building process was focusing on a merchant empire because they wanted to dominate the economy; however, the Ottoman Empire’s building process as focusing on strengthening their military force. The Spanish lacked value as they focused on going to the Americas for almost everything like raw materials and natural resources. The Ottoman Empire government was corrupted which forced their military to maintain the Empire. Between the 1450- 1800s, both the Spanish and Ottoman were becoming the world’s powerful empire Spain and the Ottoman focused on different ideas, as Spain focused on merchant as Ottoman focused on strengthening military and expansion. Ap Compare Essay. (2018, Nov 02).

Marketing Property Case Study Example | Topics and Well Written Essays - 2500 words

Marketing Property - Case Study Example Thereby earning a commission calculated on an agreed percentage of the final sale price, usually around 6% to 10%. As an estate agent I've been dealing in the property market for the past six months. A few weeks ago, I had canvassed throughout the area I had been given allocated when I had joined the estate agency. I had a special advert flyer printed with all the details of our estate agency's functions, our methods and ethics involved in selling properties and informing the public to contact me as soon as they have a property they would like to sell, because our agency has a fast sale rate, we are efficient, well presentable, professional and our clients investment and future would sit securely in the palm of our hands. We will attain the maximum sale price for our sellers. We always keep ethical obligations towards our sellers, buyers and any other parties involved in the sale, to ensure they are content with the entire agreement and all its processes. I had been contacted by new sellers who were in need to sell their property rather urgently. They were relocating to Europe and amid beginning a new business venture they were in desperate need of their profits earned from the sale to fund a property they had already signed for on a sale clause stating they had to sell their property within one month, or else it will be passed onto another interested party. Marketing Property 3 Without delay, I collected all the necessary documentation I needed to gather all the listing details of their property. A package of documents comprising of: (i) Company Portfolio including all recent major sales performed by our estate agency and myself, the strong ethics our firm stand by, awards our firm have received in the past and any other new developments or mergers our firm may have in the near future and possible factors such as the economic stability, ever changing exchange rate and political situations that may affect the prospective clients property investment value. (ii) A Sole Mandate, so I would hopefully be able to secure my new clients to our firm in a binding contract that will stand strongly and securely so we can be the 'sole' estate agency firm to be able to sell their property and not accidentally landing in any commission disputes with other agencies over any miscommunications. That is why we always push for a sole mandate and if we don't receive one and we can only attain an open mandate, we always inform our clients of every investor we show the property to, to remove any possible miscommunications. (iii) A Comparitive Market Analysis is very important to present to my clients. I'll pack my camera and laptop, so I can access the internet whilst my clients and I are discussing their properties details such as the fixtures, movable items, immovable items, immovable items they wish to add into the sale agreement that they would like to take that item with them, any special servitudes, or outbuildings that may belong to their property and

Stress test Essay Example | Topics and Well Written Essays - 250 words

Stress test - Essay Example The result of the test shows that my home distress is at 56 percent while my work is at 63 percent with social life coming least at 26 percent. Therefore, according to the results of this tress test, my social life is poor; hence, there are needs to change or improve on it. In other words, there are many activities that I often engage with that interferes with my social wellbeing. There are numerous signs of stress ranging from cognitive, emotional, physical, to behavioral. Physical stress usually leads me to aches and pains to different parts of the body including chest as well as dizziness and rapid heartbeats (Olpin and Hesson, 2013). The behavioral stress usually leads to me to behaviors changes including eating habits, duration of sleep and procrastination or and neglect of responsibilities. On the other hand, cognitive stress may lead me to memory problems, anxiety, poor judgment, and being negative while emotional stress usually leads me to change in mood, short or irritable t emper depressed, and feeling overwhelmed. My personal way of controlling or handing stress is to hang out with friends and stop thinking of scenarios that have led to such stress.   Nonetheless, I usually ensure that if they are generated by mistakes and problems; the same must be worked on to a solution to avoid repeat of the same (Olpin and Hesson, 2013). †¢Ã‚  This activity is good in determining the what areas in life that contribute much my stress; however, the validity and accuracy in its application remain a challenge.

System Analysis and Design course Term Paper Example | Topics and Well Written Essays - 250 words

System Analysis and Design course - Term Paper Example For example, a reader can comprehend words even when each letter of the word is scrambled. This process is referred to as typoglycemia. This demonstrates that as long as the first and last letters are present, people are able to read the words. Therefore, words are often read as whole and not in parts. As such, system analysis looks and focuses on the bigger picture. Moreover, I should recognize myself as complete as a differentiated whole. To model my life professionally as a system analyst, I will employ the waterfall model. This is because the waterfall model is easy to follow and stick to. Primarily, the model is a sequential one. Each stage has to be fully completed before moving to the next stage. Problems have to be tackled at each stage before moving forward. Consequently, there is no progress if the problem at one stage cannot be addressed. Therefore, I will model my life professionally as a system analyst by adopting a sequential analysis method. The model will enhance professionalism as it is unidirectional. Additionally, there is a linear representation of the life cycle. In addition to this, milestones in my personal life are seen and comprehended

The Principle Characteristics of the British Constitution Research Paper

The Principle Characteristics of the British Constitution - Research Paper Example Conversely, the question still exists – why do we not turn Conventions into rules of law, or codify them? Some have been codifying, such as Parliament Act 1911 and, the Statute of Westminster 1931, which states that the British government will not interfere with the affairs of other nations. However, a good answer is that there would be a huge shift in power in favor of the courts to the judiciary. During the Re Amendment of the Constitution of Canada 1982, another question arose – if the courts recognize conventions, does that mean they turn into laws? The courts made it very clear that they do not. Some cases have touched on the question of whether conventions can crystallize into law. This question was answered in the case of Manuel v Attorney-General [1983] and the suggestion, in this case, was that the convention that Westminster would not enact legislation for a dominion except at its request and with its consent had crystallized into law so that actual consent ha d to be established. The action had been brought by Aboriginal chiefs seeking a declaration that the Canada Act 1982 was ultra vires, as the consent of the Aboriginal people did not exist. Section 4 of the Statute of Westminster 1931 did not enact the convention but incorporated it in a modified form. Under the constitution of the U.K., all actions of government are undertaken in the name of the Crown. Any account of the prerogative is an account of power. The prerogative today represents one of the most intriguing aspects of the unwritten constitution. In focusing on one particular convention, the Royal Prerogative, it may become clearer why Constitutional Conventions of the U.K. should be codified.

Management (wider environment) Essay Example | Topics and Well Written Essays - 3000 words

Management (wider environment) - Essay Example e therefore being pressurised to consider the welfare of the communities within the environs of their operations particularly among the economically and physically challenged communities as part of their corporate social responsibility (CSR) initiatives. Among the developing countries, TNCs are looked upon as the critical stimulus for growth with far more essential impact than local governments often mired in corruption and mismanagement. The Britannica Concise Encyclopaedia defines globalisation as ‘the process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world (Britannica.com, 2009). The Bankingdictionary.com describes it in financial terms as the ‘interdependence of buyers and sellers of financial instruments in financial centres around the world.’ The Small Business Encyclopedia however gives it a broader meaning, describing it as ‘the process by which the economies of countries around the world become increasingly integrated over time. This integration occurs as technological advances expedite the trade of goods and services, the flow of capital, and the migration of people across international borders.’ (Bhagwati, 2004) According to a World Bank definition, Corporate Social Responsibility (CSR), ‘is the commitment of businesses to behave ethically and to contribute to sustainable economic development by working with all relevant stakeholders to improve their lives in ways that are good for business, the sustainable development agenda, and society at large’ (World Bank, 2001). Marks & Spencer (M&S) is a UK based retailer with 895 stores in over forty countries though only a third overseas. Its main product lines include garments, foodstuff, household goods, hospitality, furniture, apparatus, beauty, banking and energy products (Marks & Spencer, 2009). Although it has in recent years virtually stabilized, it had turbulent times in the 1970s to late 1990s when it

Leda and the Swan on the painting photos Essay Example | Topics and Well Written Essays - 250 words

Leda and the Swan on the painting photos - Essay Example The essay "Leda and the Swan on the painting photos" explores he symbols of Leda and the Swan in the context of Painting Photos. Conversely, in a work of art or sculpture, we do not encounter impressionable representations for different senses, but with a real visual illustration. The artist that from the experience of Swan and Leda would depict the view of wings that are spread out will not depict at all: He would hide from view what we wanted to see with all our heart. The traditional explanation comprises in staging the bodies immediately before their entwining. However, such is not an attractive solution in the example of Leda and the swan: we exactly had the aim of witnessing the dealings after the incident. Moreover, to paint an image that would be the basis of troubles. First, there is the nervousness between the imposing form of Zeus and the modest figure of the swan in which in he is distorted. Predominantly, because the miniature bird has also to mount the enormous feminine body. Prior to the mind’s eye, we unobtrusively acclimatize the form of the swan, as according to previously Ovid cited verses. Nevertheless, when the view is graphically portrayed there in front of our very eyes, the inconsistency sandwiched between the forceful Zeus and the modest form of the swan is captured by the eyes vision. The depiction of loving couples has constantly been a setback in the plastic arts. In the apparent motive, those of a pair linking the most attractive fronts are concealed from sight.

The first act in Hobsons Choic Essay Example for Free

The first act in Hobsons Choic Essay Willies speech tells the reader that Will is now a successful businessman and that he is able to control his own business. The playwright shows us this change by making the character use more complex speeches. In the fourth act, Willies responses towards Hobson a much more lengthy than they were and they is not the same as his limited, one word answers in the first act. This shows the reader that he has become more confident to talk to people in a class higher than his own, and he has a larger vocabulary and he is much more fluent. He tells Hobson how he expects his business to go on into St.Annes square in the future. In act four, the reader also finds out how much Willie has changed from the way he talks to Hobson about the new name of the boot shop. Willie tells Hobson that the name of the shop shall be, William Mossop, late Hobson. Maggie does not agree and Hobson realises that Willie is trying to take over the whole business. At this point, Hobson says, Just wait a bit. I want to know if Im taking this in alright. Im to be given a half-share in my own business on condition I take no part in running it. Is that what you said? Willie replies, Thats it, as if to imply that Hobson is not to have any part in the business. This portrays Willies confidence in speaking to people like Hobson and shows the reader how much his attitude has changed. In act four, Willie is much more fluent with his words and his new vocabulary suggests that he has been educated well by Maggie. He talks about things in a more serious manner. He does not speak in a comical way, or use any phrases that would make him look dim-witted. Also, the way in which he controls his business in Oldfield Road suggests his education has improved dramatically. Maggies education and influence on Will have had a positive effect on him. Unlike the first act, he is now clear about his ambitions and his future. This is shown by his attitude towards his business and the way he handles Hobsons offer of partnership. At the end of act four, Maggie and Will show their love towards each other. In the first act Will Mossop is a reluctant player in Maggies game plan. By the end of act four, he loves her and can appreciate what she has done for him. The last phrase in act four, shows that Will Mossop still hasnt completely grown out of his comical attitude, by saying, Well, By gum! This ends the play. In contrast to the early scenes, I chose to show Willie Mossop as a confident, successful businessman. Firstly, I used a different costume and I wore a three-piece suit with a top hat under my arm. Secondly, when I spoke to Mr Hobson I was fluent and I looked him in the eye. In this act, I changed my timorous attitude to a confident attitude. I proved this by having my shoulders back and being in a closer space. I even deliberately placed Maggie behind me on stage, to show that I was now the person in charge.

Standard Form Of Contract With Quantities Construction Essay

Standard Form Of Contract With Quantities Construction Essay This report will outline the full range of roles and responsibilities within the JCT 2005 Standard Form of Contract with Quantities (SBC/Q) for the project of Oasis Leisure Complex. This project is at the request of the employer the Gallagher Brothers, Duck Construction (UK) Ltd have been successful in winning the contract to complete the building works. For this project the contract to be used is the JCT 2005 Standard Form of Contract with Quantities (SBC/Q). With this type of contract being selected there are certain roles and responsibilities that each party involved in the contract must observe. The key personnel involved in a contract of this type are as follows:- Roles Within Project (Standard Building Contract: Ed 2 Construction Contracts: Ed 4) Employer Client The client is the employer for the project; this can be a single person, a partnership or a large scale company. The client is the role which issues the project requirements and provides the funding for the building works to go ahead. The client must select a principle contractor or a representative who is skilled in this type of contract to ensure the contract and project are carried out correctly. Professionals Principle Contractor/Project Manager/Representative The principle contractor will work on behalf of the employer to carry out all the major elements of the building project and the contractual procedures. The principle contractor will be in contact with all of the key personnel within the project liaising and instructing all of the external companies brought in to carry all of the building and design related work. As can be seen on the diagram below (Standard Building Contract: Ed 2 ) the principle contractor will have to liaise with multiple parties throughout the whole of the projects duration ensuring all the employers requirements are carried out. Architect An Architect must also be employed in most projects, this can be done by the employer prior to appointing a principle contractor or they can be selected by the principle contractor when the project is underway. The architects role is to work with the client and the principle contractor to come up with an overall design from the requirements laid down by the employer. They will ensure that the building is functional and achievable and will provide all the drawings for the complete project with exact measurements and details for construction. The architect will also work with designers and technologists to complete the drawings for the project to take shape. They are responsible for any changes that need to be made from the existing drawings. The roles of these specialists are:- Technologist The technologist will ensure the structure and design ideas from the architect are feasible. They will specify materials and structural design for the contracted builders to follow Designer The designer will specialise in fit out and interior area design and functionality. They will specify finishes and qualities of areas throughout the building project. Quantity Surveyor The role of the quantity surveyor is to provide measurement and costing from the architects drawings. The QS will carry out this task to get an accurate cost model for the project from the drawings they are supplied with to give to the employer as a projected quote for completion of the building. The QS will work throughout the project adjusting the costing and final accounts as the job progresses if any changes or variations occur. Management Main Contractor Person in Charge (PIC)/Site Manager The role of the PIC/Site Manager is to be permanently on site to supervise the building works. They are usually specified by the principle contractor to act upon the role of the principle contractor via an onsite basis. The PIC/Site Manager is responsible for all building works taking place onsite; they are also responsible for all direction and specification given by any inspectors or Clerk of Works. Clerk of Works The Clerk of Works is employed by the client to work with the Architect in an onsite inspector role. The Clerk of Works responsibility is to ensure that all the design elements of the architects plans are being carried out and are being done to the correct specifications from the employer. Contractor The role of the contractor is to work on behalf of the principle contractor to appoint each of the specialist trades needed to build the project; these specialists are known as sub-contractors. The contractor will source builders, glazers, plumbers etc to carry out each of the individual tasks that will need to be carried out to complete the final structure. The contractor will also liaise with suppliers to ensure that correct materials are ordered, the best prices are paid and that all materials are delivered to site at the right times. They ensure that the Sub-contractors are aware of the work that is required of them and coordinating all the elements taking place on the site at specific times of the construction process. Works Contractors Sub contractors This role consists of the builders, plumbers, glazers etc employed by the contractor. They are specialists in each of their individual trades and will be responsible for the actual construction and works that take place on site. Suppliers This role consists of taking orders and supplying materials on site that are required by the sub-contractors. Specific suppliers are normally stipulated in the contract and they will provide all of the required materials for the project for an agreed amount. Materials that they will supply can consist of sand for brickwork, block work, hardcore etc. Problems Conflicts (Construction Contracts: Ed 4) Many of the individual roles that have been outlined above will have never worked in collaboration with each other on a personal basis as well as the client potentially being inexperienced in the contract and construction process. With so many different roles having to come together and work efficiently over a large scale project inevitably problems will occur as the plans take shape. These issues are common with most projects and if managed correctly can be easily overcome, the use of a JCT contract will aid in solving the problems that occur and build a strong and reliable team. Some of the common problems and conflicts are as follows: Large-scale Project Team The size and scale of man power and people involved even within the smallest of construction projects is very difficult to manage without problems. With so many different trades and specialisations coming together on one project communication and understanding is key. Many different professionals will no doubt be spread out across the country and will have to work together efficiently to ensure the project takes place, is to the correct specifications and on time. The timing of each trade or skill taking place must be streamlined in order to minimise the problems that may occur. Communication must be focused on at all times as this is the easiest solution to the problems that occur with large scale teams. Professional Pride Due to most people and trades involved with the project never working with each other on a single construction project pride and ignorance can play a huge role in conflicts occurring. Each individual is responsible for their part of the project and will face charges or sanctions if they do not carry out their role properly. Because of this some trades or individuals will feel that they are at a higher worth than other members of the project and that other roles are inferior. This attitude should be avoided at all costs, the principle contractor should ensure that all roles are working well together and take relative steps to counter any problems occurring or remedy any existing problems by liaising with the personnel involved. Task/Timescale Overlaps Almost all projects will have a timescale associated with them. Most projects will be meticulously planned so that all building and consultation works take place as efficiently and smoothly as possible. Each stage will be in line with all of the other tasks to ensure that no conflict occurs. Unfortunately task/timescale overlaps are also inevitable, damage limitations or contingencies should be thought through to ensure projects do not fall too far behind. The best way to counter this problem is to have someone meticulously monitor and adjust a semi-flexible timescale plan which is developed as the project takes place, this will ensure that the problem planned components can be changed quickly without too much disruption. As shown above all the roles and responsibilities are outlined in the JCT contract, this helps to minimize the problems that can occur on a construction project. The JCT does this by clearly outlining each persons role and responsibility with in the whole of the construction project, it ensures that each person is fully aware of what is expected of them and if problems do occur the contract outlines can be used to source and remedy the problem immediately and efficiently.

I Lost My fiancé, Best friend, and Soul-mate :: Personal Narrative Writing

I Lost My fiancà ©, Best friend, and Soul-mate Sometimes the worst bonds of confinement are the invisible ones. It is not always physical chains that keep one prisoner. The strongest force of imprisonment I have ever felt was not to another human or a concrete cell of any type, but to an emotion. One of the most powerful emotions God has given to us is Grief. Grief can entangle a human being in her suffocating web in an instant. Then she takes days, months, years, even decades to fully release her grip on the soul. Last April I began to feel the painful vise of Grief take hold of me like I never imagined. I have been grieving for a lost relationship for well over a year. Seventeen months ago I lost my fiancà ©, best friend, and soul-mate. We had been dating for three years. During this time we had been through some very challenging trials. The biggest one being his decision to join the United States Marine Corp. Over the course of his last deployment (which lasted 7 months) he was involved in some very intense training and covert missions. Upon his return he was a changed man. I no longer knew the cold, heartless, angry person who returned from the Middle East. The loving and caring man whom I desired to be my husband was nowhere to be found. His training in the Marines had stripped away all aspects of his personality. The only things left were the anger, rage and meanness that made him such an outstanding Marine to begin with. Somehow he had lost the power to turn these emotions on and off. The relationship had to be abandoned for my own safety. I experienced overwhelming feelings of sadness and loneliness. I had previously read about Grief, specifically, Elizabeth Kubler Ross and the five stages of grief associated with any type of loss. I can now tell you from experience that reading about denial, anger, bargaining, depression and finally acceptance is far different from actually living through these extremely powerful emotions. I can honestly say I felt these stages full-throttle. It is much more than a proces s of gently gliding from one into the next. More like bouncing in between them and sometimes lingering in one feeling for an extended period of time.

Escape from Vietnam :: Personal Narrative

Escape from Vietnam The other night I had a dream. I dreamed of a boy whom I had known a long time ago, but since then he had disappeared completely from my life. In my dream, I saw him sitting beside my bed and talking to me. He told me about the trip that he had taken with his parents, his two older brothers, and his sister when he was seven years old. He told me how his parents had been victimized by a man who knew about his parents’ desperate attempt to flee from Vietnam, so he took advantage of them. â€Å"Wake up, wake up, son. We must leave now.† He opened his eyes and looked outside; it was still very dark and rainy. â€Å"Where are we going, Mom?† he asked while crawling out of bed sleepily. When they left the house for the train station, it was only four o’ clock in the morning, and the boy thought that his family was going to visit their grandparents whom he had not seen for ten years. The next morning, they arrived in Nha Trang, a coastal city in Central Vietnam, where his father told him that they would stay for a while before going to the next destination. They went to live in the house of an acquaintance near the fish market. Every day they would stay inside the house and would go out only when it was absolutely necessary, especially the kids who now had to learn how to be quiet. They learned how to walk tip-toe and to talk by finger pointing; few sounds were made. Every sound was kept to the minimum so the neighbors and the secret police woul d not be aware that there were new people in town. Around midnight on the fourth day, the boy and his family members awakened again. This time they went with the family of the house's owner to a bus station where they took the bus going northward. The boy was very happy because he was free at last to play as a normal child again. On the way, everybody was fascinated and hypnotized by the scenery along the road, especially the kids because it was the first time they had left the cosmopolitan city for the countryside.

Analysis of Lust, by Susan Minot Essay -- Lust Essays

"They turn casually to look at you, distracted, and get a mild distracted surprise, you're gone. Their blank look tells you that the girl they were fucking is not there anymore. You seem to have disappeared.(pg.263)" In Minot's story Lust you are play by play given the sequential events of a fifteen year old girls sex life. As portrayed by her thoughts after sex in this passage the girl is overly casual about the act of sex and years ahead of her time in her awareness of her actions. Minot's unique way of revealing to the reader the wild excursions done by this young promiscuous adolescent proves that she devalues the sacred act of sex. Furthermore, the manner in which the author illustrates to the reader these acts symbolizes the likeness of a list. Whether it's a list of things to do on the weekend or perhaps items of groceries which need to be picked up, her lust for each one of the boys in the story is about as well thought out and meaningful as each item which has carelessl y and spontaneously been thrown on to a sheet of paper as is done in making a list. This symbolistic writing style is used to show how meaningless these relationships were but the deeper meaning of why she acted the way she did is revealed throughout the story. Minot cleverly displayed these catalysts in between the listings of her relationships. One of the main factors of this was the neglect of her parents. It was not stated directly but the fact that her parents did not know what was g...

Pygmalion Essay

Het verhaal draait om professor Henry Higgins, een deskundige op het gebied van fonetiek en het eenvoudige Cockney sprekende bloemenverkoopstertje Eliza Doolittle. Higgins gaat een weddenschap aan met zijn vriend kolonel Pickering dat hij erin zal slagen om Eliza in korte tijd niet alleen perfect Engels te leren maar haar ook de gangbare etiquette in de hogere kringen eigen te maken. Hij slaagt uiteindelijk in zijn opzet, maar tijdens het proces is Eliza zodanig geemancipeerd geraakt, dat zij aangeeft niet langer afhankelijk te zijn van Higgins en haar eigen weg te kunnen gaan. Pygmalion is a 1912 play by George Bernard Shaw, named after a Greek mythological character. Professor of phonetics Henry Higgins makes a bet that he can train a bedraggled Cockney flower girl, Eliza Doolittle, to pass for a duchess at an ambassador’s garden party by teaching her to assume a veneer of gentility, the most important element of which, he believes, is impeccable speech. The play is a sharp lampoon of the rigid British class system of the day and a commentary on women’s independence. In ancient Greek mythology, Pygmalion fell in love with one of his sculptures that came to life and was a popular subject for Victorian era English playwrights, including one of Shaw’s influences, W. S. Gilbert, who wrote a successful play based on the story in 1871, called Pygmalion and Galatea. Shaw also would have been familiar with the burlesque version, Galatea, or Pygmalion Reversed. Shaw’s play has been adapted numerous times, most notably as the musical My Fair Lady and the film of that name. Plot Shaw was conscious of the difficulties involved in staging a complete representation of the play. Acknowledging in a â€Å"Note for technicians† that such a thing would only be possible â€Å"on the cinema screen or on stages furnished with exceptionally elaborate machinery†, he marked some scenes as candidates for omission if necessary. Of these, a short scene at the end of Act One in which Eliza goes home, and a scene in Act Two in which Eliza is unwilling to undress for her bath, are not described here. The others are the scene at the Embassy Ball in Act Three and the scene with Eliza and Freddy in Act Four. Neither the Gutenberg edition referenced throughout this page nor the Wikisource text linked below contain these sequences. Act One[edit] ‘Portico of Saint Paul’s Church (not Wren’s Cathedral but Inigo Jones Church in Covent Garden vegetable market)’ – 11. 15p. m. A group of people are sheltering from the rain. Among them are the Eynsford-Hills, superficial social climbers eking out a living in â€Å"genteel poverty†, consisting initially of Mrs. Sanford-Hill and her daughter Clara. Clara’s brother Freddy enters having earlier been dispatched to secure them a cab (which they can ill-afford), but being rather timid and faint-hearted he has failed to do so. As he goes off once again to find a cab, he bumps into a flower girl, Eliza. Her flowers drop into the mud of Covent Garden, the flowers she needs to survive in her poverty-stricken world. Shortly they are joined by a gentleman, Colonel Pickering. While Eliza tries to sell flowers to the Colonel, a bystander informs her that a man is writing down everything she says. The man is Henry Higgins, a professor of phonetics. Eliza worries that Higgins is a police officer and will not calm down until Higgins introduces himself. It soon becomes apparent that he and Colonel Pickering have a shared interest in phonetics; indeed, Pickering has come from India to meet Higgins, and Higgins was planning to go to India to meet Pickering. Higgins tells Pickering that he could pass off the flower girl as a duchess merely by teaching her to speak properly. These words of bravado spark an interest in Eliza, who would love to make changes in her life and become more mannerly, even though, to her, it only means working in a flower shop. At the end of the act, Freddy returns after finding a taxi, only to find that his mother and sister have gone and left him with the cab. The streetwise Eliza takes the cab from him, using the money that Higgins tossed to her, leaving him on his own. Act Two[edit] Higgins’ – Next Day. As Higgins demonstrates his phonetics to Pickering, the housekeeper, Mrs. Pearce, tells him that a young girl wants to see him. Eliza has shown up, because she wishes to talk like a lady in a flower shop. She then tells Higgins that she will pay for lessons. He shows no interest in her, but she reminds him of his boast the previous day. Higgins claimed that he could pass her for a duchess. Pickering makes a bet with him on his claim, and says that he will pay for her lessons if Higgins succeeds. She is sent off to have a bath. Mrs. Pearce tells Higgins that he must behave himself in the young girl’s presence. He must stop swearing, and improve his table manners. He is at a loss to understand why she should find fault with him. Then Alfred Doolittle, Eliza’s father, appears with the sole purpose of getting money out of Higgins. He has no interest in his daughter in a paternal way. He sees himself as a member of the undeserving poor, and means to go on being undeserving. He has an eccentric view of life, brought about by a lack of education and an intelligent brain. He is also aggressive, and when Eliza, on her return, sticks her tongue out at him, he goes to hit her, but is prevented by Pickering. The scene ends with Higgins telling Pickering that they really have got a difficult job on their hands. Act Three[edit] Mrs. Higgins’ drawing room. Higgins bursts in and tells his mother he has picked up a â€Å"common flower girl† whom he has been teaching. Mrs. Higgins is not very impressed with her son’s attempts to win her approval because it is her ‘at home’ day and she is entertaining visitors. The visitors are the Eynsford-Hills. Higgins is rude to them on their arrival. Eliza enters and soon falls into talking about the weather and her family. Whilst she is now able to speak in beautifully modulated tones, the substance of what she says remains unchanged from the gutter. She confides her suspicions that her aunt was killed by relatives, and mentions that gin had been â€Å"mother’s milk† to this aunt, and that Eliza’s own father was always more cheerful after a good amount of gin. Higgins passes off her remarks as â€Å"the new small talk†, and Freddy is enraptured. When she is leaving, he asks her if she is going to walk across the park, to which she replies, â€Å"Walk? Not bloody likely! (This is the most famous line from the play, and, for many years after the play’s debut, use of the word ‘bloody’ was known as a pygmalion; Mrs. Campbell was considered to have risked her career by speaking the line on stage. [7]) After she and the Eynsford-Hills leave, Henry asks for his mother’s opinion. S he says the girl is not presentable and is very concerned about what will happen to her, but neither Higgins nor Pickering understand her thoughts of Eliza’s future, and leave feeling confident and excited about how Eliza will get on. This leaves Mrs. Higgins feeling exasperated, and exclaiming, â€Å"Men! Men!! Men!!! † Act Four[edit] Higgins’ home – The time is midnight, and Higgins, Pickering, and Eliza have returned from the ball. A tired Eliza sits unnoticed, brooding and silent, while Pickering congratulates Higgins on winning the bet. Higgins scoffs and declares the evening a â€Å"silly tomfoolery†, thanking God it’s over and saying that he had been sick of the whole thing for the last two months. Still barely acknowledging Eliza beyond asking her to leave a note for Mrs. Pearce regarding coffee, the two retire to bed. Higgins returns to the room, looking for his slippers, and Eliza throws them at him. Higgins is taken aback, and is at first completely unable to understand Eliza’s preoccupation, which aside from being ignored after her triumph is the question of what she is to do now. When Higgins does understand he makes light of it, saying she could get married, but Eliza interprets this as selling herself like a prostitute. â€Å"We were above that at the corner of Tottenham Court Road. † Finally she returns her jewellery to Higgins, including the ring he had given her, which he throws into the fireplace with a violence that scares Eliza. Furious with himself for losing his temper, he damns Mrs. Pearce, the coffee and then Eliza, and finally himself, for â€Å"lavishing† his knowledge and his â€Å"regard and intimacy† on a â€Å"heartless guttersnipe†, and retires in great dudgeon. Eliza roots around in the fireplace and retrieves the ring. Act Five[edit] Mrs. Higgins’ drawing room, the next morning. Higgins and Pickering, perturbed by the discovery that Eliza has walked out on them, call on Mrs. Higgins to phone the police. Higgins is particularly distracted, since Eliza had assumed the responsibility of maintaining his diary and keeping track of his possessions, which causes Mrs. Higgins to decry their calling the police as though Eliza were â€Å"a lost umbrella†. Doolittle is announced; he emerges dressed in splendid wedding attire and is furious with Higgins, who after their previous encounter had been so taken with Doolittle’s unorthodox ethics that he had recommended him as the â€Å"most original moralist in England† to a rich American founding Moral Reform Societies; the American had subsequently left Doolittle a pension worth three thousand pounds a year, as a consequence of which Doolittle feels intimidated into joining the middle class and marrying his missus. Mrs. Higgins observes that this at least settles the problem of who shall provide for Eliza, to which Higgins objects — after all, he paid Doolittle five pounds for her. Mrs. Higgins informs her son that Eliza is upstairs, and explains the circumstances of her arrival, alluding to how marginalised and overlooked Eliza felt the previous night. Higgins is unable to appreciate this, and sulks when told that he must behave if Eliza is to join them. Doolittle is asked to wait outside. Eliza enters, at ease and self-possessed. Higgins blusters but Eliza isn’t shaken and speaks exclusively to Pickering. Throwing Higgins’ previous insults back at him (â€Å"Oh, I’m only a squashed cabbage leaf†), Eliza remarks that it was only by Pickering’s example that she learned to be a lady, which renders Higgins speechless. Eliza goes on to say that she has completely left behind the flower girl she was, and that she couldn’t utter any of her old sounds if she tried — at which point Doolittle emerges from the balcony, causing Eliza to relapse totally into her gutter speech. Higgins is jubilant, jumping up and crowing over her. Doolittle explains his predicament and asks if Eliza will come to his wedding. Pickering and Mrs. Higgins also agree to go, and leave with Doolittle with Eliza to follow. The scene ends with another confrontation between Higgins and Eliza. Higgins asks if Eliza is satisfied with the revenge she has wrought thus far and if she will now come back, but she refuses. Higgins defends himself from Eliza’s earlier accusation by arguing that he treats everyone the same, so she shouldn’t feel singled out. Eliza replies that she just wants a little kindness, and that since he will never stoop to show her this, she will not come back, but will marry Freddy. Higgins scolds her for such low ambitions: he has made her â€Å"a consort for a king. † When she threatens to teach phonetics and offer herself as an assistant to Nepommuck, Higgins again loses his temper and promises to wring her neck if she does so. Eliza realises that this last threat strikes Higgins at the very core and that it gives her power over him; Higgins, for his part, is delighted to see a spark of fight in Eliza rather than her erstwhile fretting and worrying. He remarks â€Å"I like you like this†, and calls her a â€Å"pillar of strength†. Mrs. Higgins returns and she and Eliza depart for the wedding. As they leave Higgins incorrigibly gives Eliza a number of errands to run, as though their recent conversation had not taken place. Eliza disdainfully explains why they are unnecessary, and wonders what Higgins is going to do without her. Higgins laughs to himself at the idea of Eliza marrying Freddy as the play ends. Ending[edit] Pygmalion was the most broadly appealing of all Shaw’s plays. But popular audiences, looking for pleasant entertainment with big stars in a West End venue, wanted a â€Å"happy ending† for the characters they liked so well, as did some critics. [8] During the 1914 run, to Shaw’s exasperation but not to his surprise, Tree sought to sweeten Shaw’s ending to please himself and his record houses. [9] Shaw returned for the 100th performance and watched Higgins, standing at the window, toss a bouquet down to Eliza. â€Å"My ending makes money, you ought to be grateful,† protested Tree. â€Å"Your ending is damnable; you ought to be shot. [10][11] Shaw remained sufficiently irritated to add a postscript essay, â€Å"‘What Happened Afterwards,†[12] to the 1916 print edition for inclusion with subsequent editions, in which he explained precisely why it was impossible for the story to end with Higgins and Eliza getting married. He continued to protect the play’s and Eliza’s integrity by protecting the last scene. For at least some performances during the 1920 revival, Shaw adjusted the ending in a way that underscored the Shavian message. In an undated note to Mrs.  Campbell he wrote, When Eliza emancipates herself — when Galatea comes to life — she must not relapse. She must retain her pride and triumph to the end. When Higgins takes your arm on ‘consort battleship’ you must instantly throw him off with implacable pride; and this is the note until the final ‘Buy them yourself. ‘ He will go out on the balcony to watch your departure; come back triumphantly into the room; exclaim ‘Galatea! ‘ (meaning that the statue has come to life at last); and — curtain. Thus he gets the last word; and you get it too. 13] (This ending is not included in any print version of the play. ) Shaw fought uphill against such a reversal of fortune for Eliza all the way to 1938. He sent the film’s harried producer, Gabriel Pascal, a concluding sequence which he felt offered a fair compromise: a romantically-set farewell scene between Higgins and Eliza, then Freddy and Eliza happy in their greengrocery/flower shop. Only at the sneak preview did he learn that Pascal had shot the â€Å"I washed my face and hands† conclusion, to reassure audiences that Shaw’s Galatea wouldn’t really come to life, after all.

Tobacco Industry Analytic

The barriers to entry in the tobacco industry are initially low and it is easy for small local and regional companies to enter into the market, but the barriers to enter the market nationally are very high. The economies at scale in manufacturing, distribution costs, and marketing at the national level make it very difficult for start-up companies to enter into the national market. There are substantial costs in raising the capital needed to build manufacturing facilities that can mass-produce tobacco products at the national level. Also, the costs of packaging goods such as cigarettes, at a mass level can generate high costs. Brand identity can also pose a barrier to entry for new entrants. Advertising restrictions imposed on electronic media by the U. S. government make it hard for any new entrant to gain brand awareness and also make it difficult for current top players in the market to increase their brand awareness. While many companies once relied on brand incentives in order to increase customer loyalty, they agreed to no longer use these incentives in the Master Settlement Agreement (MSA) in 1998. Also with many already established brands such as Altria’s Marlboro Cigarettes brand already have a huge stake in the market place. They have generated a lot of brand loyalty and awareness making it difficult for a new company to generate enough brand awareness to enter the market. Suppliers In the tobacco industry farmers supply the tobacco to dealers and manufacturers. Many of the tobacco farmers in the U. S. are located in the Southeastern states such as North Carolina, South Carolina, Georgia, and Florida. Farmers usually sell their tobacco at public auctions to the highest bidders. A federal program that started with the Agricultural Adjustment Act of 1933 once protected tobacco farmer’s prices. The tobacco growers were guaranteed minimum prices in exchange for limiting their production through allotments and quotas. U. S. grown tobacco is generally more expensive than non-U. S. grown tobacco because of the U. S. governments price-support system. Then in 2004 the government allowed for buyouts of the quotas, thus eliminating the price support system. However, in recent news many tobacco farmers are protesting for the entire buyout of their quotas and equipment. They say that the U. S. tobacco growing industry is on the verge of disappearing and they blame the high taxes on cigarettes and cheap tobacco imports. Thus illustrating that the farmers have little bargaining power due to the government interaction. Buyers Buyers in the tobacco industry are greatly affected by the economy and the level of their disposable income. Whenever a buyer’s disposable income declines, they are more likely to purchase cheaper brands of tobacco, and if a buyer’s disposable income increases, then they are more likely to buy more expensive brands. Buyer power was displayed in 1993 whenever Phillip Morris USA Inc. slashed their prices on leading brands such as Marlboro by 20% to raise their share of the market, thus leading many other leading companies to also reduce the prices of their popular brands. After many companies lowered their prices, discount cigarette brands saw a drop in their percentage of the market. However, in 2003 premium cigarette brands raised prices, then allowing discount cigarette brands to gain more of a share in the market, but the discount brands share in the market has been declining ever since. Consumers in the United States are now increasingly becoming more concerned with health issues. Consumer health awareness has hurt the market for tobacco sellers and has also led to the increase for government regulation. Many companies are now going international to focus on the increasing demand for tobacco products abroad. They are focusing on developing countries where the population is increasing much faster than in the United States and many of these countries have less government regulation, which can help with advertising and prices. Countries that have less taxation on tobacco sales can lead to higher revenues and sales of tobacco products because the costs involved are less. Industry Competitors/Intensity of Rivalry Within the tobacco industry there are three main competitors that control 90% of the domestic market. These three main players are: Altria Group, Inc. (Domestically known as Phillip Morris USA); Reynolds American; and Carolina Group. Phillip Morris USA, the United State’s largest tobacco company since 1983, controlled 50. 3% of the market share in the year 2006. Phillip Morris USA’s leading brand Marlboro had a 40. 5% share of the market in 2006; thus, displaying the importance of brand identity in the tobacco industry. Phillip Morris USA also offers different brands such as their premium brands Virginia Slims and Parliament, while also targeting the discount market with its brand Basic. The United States second largest tobacco company is Reynolds American, which offers premium brands such as Kool, Winston, Salem, and Camel; and two different discount brands, Doral and Capri. Reynolds American controlled 29. % of the market in 2006 and is also the second largest moist smokeless tobacco producer in the United States. The third largest company in the United State is Carolina Group with their premium menthol brand cigarette Newport that controlled 9. 7% of the market in 2006. For the cigarette industry unit volumes have declined and the price of cigarettes has increased,thus creating higher net revenue for companies. Many companies are u sing cost efficient strategies and are merging to help gain profits in the industry. For example, R. J. Reynolds and Brown & Williamson Tobacco merged and now have a higher share of the market. Tobacco consumption declined a lot from 1994 to 2004 and the decline has started to slow down in the past couple of years, the growth rate is still not what it once was. [pic] Figure 1 : Market share holders in 2006 Rivalry in the menthol sector of the tobacco industry has been a strong focus of the leading companies in recent years. Menthol cigarettes offer a chance for domestic growth opportunities and premium pricing in the tobacco industry. Carolina Group controls this sector with its leading brand Newport, while Reynolds American offers two brands, Kool and Salem, which have been in the market for a long time. With the potential growth in the menthol sector, the leading tobacco company Marlboro introduced their menthol brand with strong promotions to compete with already existing brands. Other potential areas of domestic growth in the tobacco industry include cigars, which are on the rise again; and snuff or smokeless, which is one the rise due to smoking restrictions in public places. By using the Porter’s Five Forces Framework I was able to discuss the five basic competitive forces within the tobacco industry. The level of difficulty for new entrants; the lack of bargaining power of suppliers; the bargaining power of buyers between different brands; the high level of potential substitutes; and the competition rivalry, as well as domestic growth areas; were all analyzed within the tobacco industry using the Porter’s Five Forces Framework. Dominant forces such as government regulation and health awareness influence change in the tobacco industry. The potential impact that theses forces could play on the tobacco industry could be harsh if companies don’t adjust and change with them. Strengths: Altria and R. J. Reynolds both display much strength within the tobacco industry. Both companies display high levels of brand identity and brand awareness with many different well-known brands. Altria has dominant control of the market with their diversified Marlboro brands of cigarettes that dominate the market, contributing a 40. 5% share in the market. R. J. Reynolds also has many well-known diversified brands such as Kool, Winston, Salem, and Camel that help to control 29. 8% of the market. Both companies can use their strong brand awareness to build customer value with existing and new products. B oth companies are aligned with their mission statements to provide for their customers and maintain levels of responsibility and integrity for their operations. Altria, for instance offers a wide array of information concerning health issues, tobacco laws, cigarette ingredients, and youth smoking prevention on their website. While R. J. Reynolds offers information to the public on legal and regulatory issues, maintaining responsible marketing, and also health issues related to their products that consumers can access on their website. Also, both companies produce mass amounts of tobacco products and in order to be the top two producers in the United State they must both have strong manufacturing infrastructures. Weaknesses: Both companies face the weakness of selling dangerous products to consumers. Tobacco products obviously involve a great deal of health risks and consumers have been made well aware of the risks involved in tobacco use. Both companies face liability issues and litigation for the sale of such a dangerous product, which can cost the companies a lot of money. These companies must place a great deal of concentration on defending themselves in numerous lawsuits that come about frequently due to the health liability issues. Recent cases involving the â€Å"light† cigarettes have been brought against Altria, these cigarettes have lighter amounts of nicotine and tar but still can be just as harmful as regular cigarettes. Also a lot of blame for such high health care costs in the United States is placed on these companies as well. Another weakness that Altria and R. J. Reynolds suffer from is their dependencies to rely solely on the sale of tobacco products in order for them to remain such profitable companies in the market place. Sales from 2000 to 2005 declined at around an average rate of 4% a year and a decline of about 1% in 2006. If sales continue to decline every year, this could lead to substantial effects on profits. With the cigarette consumption declining, companies such as Altria and R. J. Reynolds have began to look towards international markets with growth opportunities. With so much concentration on tobacco sales both companies also have the weakness of being so heavily invested in the success of the tobacco industry. These companies could face a great deal of losses if the tobacco industry keeps declining. Opportunities: Both Altria and R. J. Reynolds have the opportunity to expand the ir companies internationally to target new customers in areas that provide potential for growth in sales. With the help of countries with rising personal incomes, high per capita cigarette consumption, and less government regulation in foreign countries Altria is taking action to expand their horizons abroad. An article from Wall Street Journal by Vanessa O’Connell describes how Altria is using spin off, Phillip Morris International to focus on international markets such as Pakistan, where smoking consumption is up 42% since 2001; Ukraine, where smoking consumption is up 36%; and Argentina, where smoking consumption is up 18%. She also explains how China offers 50 million more tobacco buyers than in the United States, thus showing that China offers great potential market opportunities. R. J. Reynolds is also focusing on the global market with creation of R. J. Reynolds Global Products. R. J. Reynolds is participating in joint ventures in European countries and Japan, collaborating with other companies to produce American-like brand cigarettes in foreign markets. They have also been establishing a business presence in Puerto Rico and the Caribbean and are supplying cigarettes to the U. S. military outlets and U. S. Duty Free sectors. R. J. Reynolds also manufactures cigarettes to be sold by other companies in foreign countries. Both companies are taking advantage of the potential growth in international markets. Another opportunity that both companies are focusing on is the opportunities of marketing new tobacco products to consumers. With more consumers looking for alternatives to smoking Altria has been f ocusing on developing its smokeless tobacco product line. With snuff being providing potential growth in the market, Altria is exploring the moist snuff or chew market as well as a new product called Snus. Altria is currently test marketing its Marlboro Snus products and its Marlboro moist smokeless tobacco in certain areas of the United States. They are also using the strong brand identity of Marlboro to help their new products enter into the market. R. J. Reynolds is also developing new products that have potential market opportunities. Reynolds is developing new exotic brands of Camel cigarettes and also trying to capitalize on smokeless tobacco opportunities with their brand of Camel Snus. Both brands are using their already existent brand awareness to help romote new products in the market. Threats: Companies in the tobacco industry such as Altria and R. J. Reynolds have a negative public perception because of providing such dangerous products and must deal with this perception accordingly in order to remain in the market. With the threat of being seen so negatively in the public eye companies must provide support in educating consumers about the dangerous health risks involved wi th smoking. Government regulation also poses a threat to both companies. In the 1998, the Master Settlement Agreement between tobacco companies and the government came to an agreement that tobacco companies would have to pay $250 billion over a 25 year span to help reimburse healthcare systems for to higher costs due to many patients with tobacco use related illnesses. The threat of government regulation poses high cost threats dealing with litigation and taxes. Both companies have been affected by the high taxes placed on the sale of tobacco products, thus causing them to have to raise prices, which could have a negative effect on sales. Also the threat of changes in the legal atmosphere pose a problem on companies. As new laws are adopted both companies must adapt to stay profitable, such as the new public smoking laws that threatens both these companies that rely on cigarette sales. The threat of Altria’s and R. J. Reynolds’ consumer base growing old and dying off from tobacco related illness and America’s new focus on healthy living styles display how these companies are affected by the benefits of substitutes for smoking and quitting smoking. There has also been a huge decline in the number of smokers in the United State over the past 40 years, which has cut the consumer base in half. With the number of smokers in the domestic market declining both companies also face the threat of marketing restrictions in the United States. Tobacco products cannot easily be marketed to consumer in the United States, which threatens the growth of tobacco products. Both Altria and R. J. Reynolds are aware of the threats that they face and that can explain why they are developing new products and moving towards international markets. The SWOT Analysis displayed how strengths such as brand identity have played a huge role in the success of both Altria and R. J. Reynolds. Altria leads the market with its well-known brand Marlboro and is taking on opportunities with new products and international markets. While R. J. Reynolds has a smaller share in the market they are also trying to grow by focusing on the same opportunities. Both companies also face many of the same weaknesses and threats, that being in the tobacco industry pose, such as government regulation and health awareness. They are taking action to deal with them by exploring new opportunities.

“Chemistry” written by Graham Swift Essay

In the opening of the story, Graham Swift uses descritptive writing to give us a striking image of the pond, where he went with his grandfather and mother, â€Å"The pond in our park was circular, exposed, perhaps fifty yards across. When the wind blew, the little waves travelled across it and slapped the paved edges like a minature sea.† This helps the reader gain a more precise image in their head of the park where the narrator is, and it also helps make the story more interesting to read. The opening of the story is also parallel to the end. The narrator in the story, goes back to the pond at the end of the story, and again gives us good imagery description of it, â€Å"Dead willow leaves floated on it†. I found this interesting, because it makes the story cyclical, and may be a reminder of the journey of growing up and of the acceptance ‘ â€Å"You must accept it – you can’t get it back† ‘. It also convinces us to believe that the na rrator went back to the park, for wishful thinking – hoping that his grandfather would return and not wanting to left go of the past. When I first began reading the story, I believed that it was a female narrator. One of the reasonings for this is because it said, â€Å"My grandmother died suddenly†¦ all I know is that I must have had her looks.† However, we are later informed that the narrator is a ten year old boy. We aware of this because his mother calls him her â€Å"little man† and she also says, ‘ â€Å"He’s only ten, what can he know?† ‘. I find this extremely interesting in the story, because he appears to be extremely mature, intelligent and formal. Although he is only ten years old, he uses complex words and sentences such as â€Å"fundamentals of chemistry†, â€Å"haunches† and â€Å"reconciled them in mutual grief†. However, he is cold blooded as he rarely describes how he is feeling and has never mentioned about being upset when his father and grandmother died. This is an unusual perspective to use as he is so young, yet faced with traumatizing experiences, but I believe that the author has done this to highlight his innocent and because he will have few prejudices. This means he will tell the story how it is, without changing it to suit what he believes or his own opinions. An example of this, is when his father comes to see him. Although I believe that it is a dream, the narrator is convinced that his father came to see him – â€Å"That night father came to the bedroom. I knew it was him†. At the beginning of the story, I find it interesting, that the author describes the boat journey, over the pond towards grandfather as â€Å"trouble free†. Then, all of a sudden the boat sinks. I believe that the author purposely makes the boat sink when Ralph is immediately introduced to the story, â€Å"Then one day – it must have been soon after mother met Ralph – we watched the boat†¦ become deeper and deeper in the water.† This contrasts greatly with the boat journey on the pond before the boy’s mother met Ralph, and poses questions in the readers mind that Ralph is going to stop the boy’s and grandfathers â€Å"trouble free† life. I believe that this is interesting because he is indirectly warning the readers that Ralph is going to make things worse, which is symbolic of the sinking boat. An example of Ralph making things worse later in the story, is during meal times. This is because since Ralph’s appearance, the narrator’s mother would cook the things that only Ralph liked and forget to produce meals that grandfather was of. Thus resulting in arguments at meal times, when grandfather was sent out to his shed. Although the story is quite dull and morbid, the author uses humour, when the boy says, â€Å"I wondered how Grandmother could be at the bottom of the Irish Sea and at the same time what Father was doing there†. Again, this highlights his innocence and although it is humerous we are not laughing with him, but at his ignorance. In the story, there are many time shifts. Numerous times the narrator goes back in time, to update and tell the reader of a previous event, such as the relationships between his mother and grandfather before Ralph came along, and explaining why his mother and him came to live with his grandfather . This may be significant in the story because he preferred things in the past, compared to now. I find the relationship between the narrators mother and grandfather interesting. â€Å"He refused to leave the house in which my grandmother had lived, and my parents refused to leave theirs†, tells us that they are both arrogant and selfish and will not give in to their stubborness for one another. The narrator tells us that his mother is also hypocritical towards her father, â€Å"no matter how neglectful and even hurtful she might be to Grandfather herself, she wouldn’t have forgiven someone else’s hurting him†. Also, she tries to punish her father by isolating him from them (as he was â€Å"runing their meals†) by saying â€Å"do you want to take yours out to your shed?!† When he dies, her mother shows no remorse and â€Å"did not cry†. The narrator tells us that, it was as though she had â€Å"this look of relief, as if she had recovered from an illness†. The narrator does not say this, but we assume that the illness was her father. The boy believes that his mother is in love with Ralph, and would choose him over her father, â€Å"If Ralph hurts Grandfather it means I’m right – he doesn’t really care about mother at all; but if mother is cruel to Grandfather it means she really loves Ralph†. However, he also says â€Å"She looked trapped and helpless†, when Ralph and his mother were cuddling, which puts questions in our mind about their relationship and if she is truly happy. Within the story there are many hidden messages and meanings. There are many questions that remained unanswered too. An example of this is when the boy’s father came to visit him during the night. He says to him, ‘ â€Å"It was her. She made a hole in the bottom of the boat, not big enough to notice, so it would sink – so you and Grandfather would watch it sink. The boat sank – like my plane† ‘. The questions that this poses in my mind are: Did the boy’s mother kill her father? Did she kill the boys Grandfather? Is he looking for someone to blame? Did she purposely sink his boat? I think it is ironic that his father â€Å"visited† him, on the night that his Grandfather had died. I believe the author did this purposely to add more mystery and confusion to the story. Another example which raises hints and questions to the reader is the cherry laurel bushes that were growing in their garden. He says, â€Å"Only the cherry-laurel bushes were partly denuded – for some reason Grandfather had been picking their leaves.† Further on in the story, when the boy goes out to the shed, he begins questioning his Grandfather about the chemicals he had. ‘ â€Å"Laurel water. Prussic acid.† He smiled. â€Å"Not for drinking.† ‘ The smile may indicate to the reader that he is smiling to the boy through innocence; telling him to politely and informaly not to drink it, or he his smiling to himself, asthough he has something planned. Again, this poses more questions in my mind but it contradicts my believing that the boys mother killed the boys Grandfather, and because of this it adds more unanswered questions. Also in the story, I find interesting that the official verdict was â€Å"suicide by swallowing prussic acid†, which is an argument for his Grandafther commiting suicide (as he had some prussic acid in his shed), yet the boy is extremely cynical and believes his mother murdered her father. † But all of the other things that should have been explained – or confessed – she never did explain†, and â€Å"I wanted to tell them – about how suicide can be murder† indicate this to us. His mother says to the boy, ‘ â€Å"†¦he wouldn’t have lived much longer anyway† ‘ which may inform the reader that she is trying to justify her actions (murder). Throughout the story is the theme of chemistry and how things are â€Å"changed – not made†. His Grandfather’s job, before retirement, was gold-plating and now, in the shed in the garden, he carries out many experiments, â€Å"I don’t think Grandfather practised chemistry for any particular reason†.The chemistry Grandfather experiments with and changes is a metaphor of what is happening in the home, ‘ â€Å"People change too, don’t they?† ‘ His Grandfather replies with â€Å"They change. But the element’s don’t change.† This is telling the reader, that although people/elements can change and become something else, underneath it all they are still made of the same as they were before.

English Home Reading Project

Todd Bowden is a boy who wants to be a detective when he gets older. He has been doing good in school and in his free time he runs background checks on people he sees. His neighbor Mr. Dussander was one of the people he did this too. He found out that he was using a fake name and was once referred to as the blood fiend of patin the only true thing about his life was that he was very old. When Todd confronts him about it he realizes that this secret is bigger than he thought. Todd soon starts to wonder about why he was called blood fiend so he started to ask some questions about it. When Dussander refuses, Todd black-males him into giving the stories. Todd starting to let his grades drop and when his first high school report card comes home he tries to change his grades with ink remover. He does this several times thought the novella. As the story's get more and more graphic Todd begins to come almost psychopathic. He starts to make Dussander wear these awful Nazi suits and recite saying that he used to say during the war. Dussander starts to have nightmares about the war and find a gruesome way to cope with the stress. Because he used to work in one of the crematoriums, Dussander starts to find stray cats and put them in his kitchen oven. He would soon become worse and â€Å"rescue† dogs from a shelter to burn. ( worst part of book. too many details. ) As Todd grades drop further his guidance counselor try's to set up a meeting between him and his parents. Todd black-males Dussander into pretending that he is his grandfather and proceeds with the meeting without his real parents. Todd is told that if he gets another flunk card that he will have to repeat this grade . One night after having listened too so many of the horrible stories he has a nightmare. These dreams persist for weeks and eventually Todd comes up with a plan to kill dussander. When nightmares continue to get worse Todd stabs a homeless man to death and realizes that murder helps with his stress and the dreams start to go away . he continues to commit murder whenever the dreams get too bad. Dussander starts too do the same as Todd and buries his victims in his basement. towards the end of the story the guidance counselor meets Todd's real grandfather and starts too talk about the meeting they had and when the grandfather dident remember the conversation he puts the pieces together. CLIMAX chapter 17. his is the climax of the story because at this point the entire story changes. Dussander had a heart attack and this leads to new situations that completely change the story. The resolution of this story is that todd bowden is questrioned by the police. After this he goes to a secret spto on the highway. Gets a gun, and goes on a rampage. Only to end in his own death. I t hink this was a great ending to the story. If fit perfect with all the little details that were put into the book. It all fits together at the end. Characterization Todd Bowden: Main character of the book. He is shown as decieving and mean. Througout the novella todd tricks and manipulated people into doing things that could help himself and hurt others. He is important to the story because without him nothing would have happened and it wouldent be a good book. Arthur Denker AKA Mr. Dussander: main character. Shown as a nice man but forceful when need be and his past shows him as a monster. He is important to the story because he feeds all of todds rage to him and is an antagonist to the story. Todds personality chapter 6. this shows Todds evil side and proves just how much of a monster he can be to put an old man throug this rough time again. Todd is not the kind of person I would like to be friends with. He is a lieing kid who is extremly mean. And throughout the book he is seen by his peers as a loser. Conflict One main conflict in this story is when Todds grades start too fall. He constantly changes them to deceive his parents and when he is confronted by his guidance counselor about it he decides to lie about his situation in hopes to fix it. Todd has Dussander go to the school and talk to the counselor instead of his parent to â€Å" sweep the problem under the rug†. This fixes one of his problems but makes life much more difficult in the rest of the story. I can relate to some of todds problems like falling grades sometimes and feeling like your stuck in a place that your know wont lead anywhere good. But as for the rest of his problems like where to bury his victims I cannot say that I have any experience in. Theme one main theme of this novella is deception and black-male can only get you so far, because when the time comes for the truth it will only bring you down. This is shown when todds grandfather meets the counselor and realizes that todd lied to his parents about his grades and the whole situation unfolds.

EFFECTIVE TRAINING METHODS FOR LEADERSHIP AND MANAGEMENT Essay

EFFECTIVE TRAINING METHODS FOR LEADERSHIP AND MANAGEMENT - Essay Example rms of knowledge and learning with the help of such concepts as â€Å"learning organisation†, â€Å"intellectual capital†, â€Å"people-centred approach† or â€Å"knowledge based management†. Cakar and Bititci (2001) perfectly summarise this trend in the following statement: â€Å"1980s were all about automation. In the manufacturing industry FMS, FAS, Robots, AGVS etc. were commonplace. The 1990s have been about people, this is evident in the development of†¦ concepts throughout the 90s focusing on delegation, involvement, ownership cross functional teamwork, self managed works teams and so on†¦ The needs of modern business emphasize the role and importance of people and knowledge† (p.2). The ideas of Peter Drucker (1994), whom was the first to use term ‘knowledge worker’, and other theorists and practitioners working in the same direction became popular in 1980s when investments in human resources were increasingly justified as being more cost-efficient than investments in machines. Strong and effective leadership is a critically important aspect of modern human resource management practices and organisation’s functioning. Defining what makes a great leader is not a simple task. Leadership is an exceptionally complex phenomenon and the amount of literature covering various aspects of leading and managing people highlights this complexity. Despite huge amount of books and articles dedicated to the issue, there is still a great deal of ambiguity surrounding the true meaning of effective leadership in contemporary organizational environment. In psychology the phenomenon of leadership has traditionally been associated with in-group dynamics of social interactions. In any group, regardless of its size, members differ in their degree of social influence over one another: â€Å"†¦ the person who exerts the most influence on the rest of the group thus affecting group beliefs and behaviour is usually addressed as leader† (Hollander, 1985: 14). Although this

Reaction paper on Romantic love conceptualized as an attachment Essay

Reaction paper on Romantic love conceptualized as an attachment process by Hazan, C., & Shaver, P. (1987) - Essay Example It also explores the likelihood that infant attachment styles impact on the adults’ romantic styles. In order to tests the theories, the authors had a â€Å"love quiz† printed in a local newspaper and gathered the first 620 replies they received and used this as the sample size for the first part of the study. After tabulating and analyzing the results, a second study was undertaken to address the limitations of the first study. This time a questionnaire was given to a sample of108 undergraduates who were enrolled in the course â€Å"Understanding the Human Conflict† (Hazan & Shaver, 1987). Additional topics were included in the survey such as items concerning relationships with other people and measures of loneliness. The results of the study reveal that attachment styles in infancy are the same as those in adulthood. Furthermore, it also showed that individuals in the three attachment categories differ too in their love experiences. Another major finding of the study is that â€Å"people with different attachment orientations entertain different beliefs about the course of romantic love, the availability and trustworthiness of love partners and their own love-worthiness† (Hazan & Shaver, 1987). Lastly, the study disclosed that the level of loneliness varies among those in the different attachment styles. One is not totally convinced that the newspaper survey done in Study 1 is a reliable method in this type of study. One thinks that personal interviews would obtain more accurate results. Newspaper quizzes are usually not answered seriously by its respondents since there is no pressure on them to answer truthfully. It is quite difficult to identify who among the respondents fall under the specific attachment style. Furthermore, limiting the sample size to the first 620 respondents might not be a fair representative of the group that needs to be

Non-financial risk management for Police Force Dissertation

Non-financial risk management for Police Force - Dissertation Example Thus, risk management as a process â€Å"that can be used to identify potential risks and liabilities that could result in some kind of loss for both public and private sector organizations† (Cukier et al. 2009: p.1) should be understood as an integral part of police accountability. Risk management helps to provide more effective governance and internal control, to reduce insurance and other costs, to ensure a safer working environment. Although the risk management issues are increasingly emerging in agendas of police agencies, Cukier et al. (2009), consider that today risk management in the police services remains a relatively new discipline; different police agencies implement processes and tools in significantly different ways, they even use different terminology and vocabularies for the same things. This document presents a proposal for a piece of research which is aimed to analyse existing methods, procedures and processes of non-financial risk management in the police fo rce agencies; to identify best practices; and to develop and implement such risk management framework for a police force to become the best police force in the world. We hope that our study will play a significant role in improvement of the management and functioning of police force agencies and will make a contribution in positive changes in the system of the world security at a whole. 2. Background Risk is generally understood as â€Å"the chance of something happening that will have an impact on objectives† (OMBC 2007: p. 5) or â€Å"a condition, trend or event that may adversely impact the achievement of Service or Unit objectives† (Cukier et al. 2009: p.7). The impact may be both positive (when it brings an opportunity or a good chance) and negative (when it brings a hazard or a threat). So risk is always characterised by three major elements: an event, which can happen in relation to an object; a consequence of this event; and the impact, which this consequence h as on the object. When a risk is being assessed, it is also important to take into consideration the likelihood of the event. In business, risk management (i.e. recognising, identifying and assessing of risks) is considered as an essential positive aspect of a corporate culture. It helps managers to realise supposed risks and to consider them in performing day-to-day tasks, ensuring that either opportunities will be captured and used (in a case of a positive impact) or threats will be mitigated and eliminated (in a case of a negative impact). Archbold (2005) adds that risk management implies the protection of physical, human and financial assets. From the perspective of employees, risk management ensures safer working environment and improved conditions of work. Risk management can be generally defined as â€Å"a systematic, cyclical process to set the best course of action, under uncertainty, by identifying, assessing, mitigating, monitoring and communicating risk† (Cukier e t al. 2009: p.7). Many police force professionals and experts agree that today risk management is crucial for police agencies. As the work and role of police officers differ from other professions, mission of risk management in