Thursday, September 3, 2020

Famine in Africa Free Essays

string(49) government assumes an increasingly urgent job in famine. Help All You Want Imagine a little African family in Zimbabwe, a little child’s mother and father till the ground however because of further yearning are too frail to even consider evening stand up, not to mention go out into the fields and work. This has begun a whole chain response in the network. Since the child’s mother and father can't go out into the field and gather food, another family goes hungry, and afterward one more and again, proceeding on a way spiraling downwards. We will compose a custom article test on Starvation in Africa or on the other hand any comparable subject just for you Request Now Presently envision this equivalent family, yet a steady government has been set up in Zimbabwe, the child’s mother and father are both all around took care of in light of the fact that the food dissemination associations are very much supported, your folks go out into the fields and collect the yields, making another chain response however with a positive winding. This is a case of how food circulation assumes a significant job on starvation and furthermore how stable governments influence the food dissemination in Africa. Most examinations on the starvation plague all through Africa express that HIV/AIDS assumes a significant job in starvation; this can be ascribed to absence of social insurance in the mainland which can be set up if governments were built up. Stable governments may likewise assume a job in battling agitator or fear monger like gatherings that take food from the individuals and submit mass decimation. Stable governments additionally may control food circulation to families out of luck and furthermore manage the measure of food that is appropriated, making the segments reasonable, contingent upon the size of the family. A few people accept that by basically tossing cash into the economy of Africa or by essentially providing food to the individuals of Africa will turn it all around. In spite of the fact that this may enable, it to won't totally fix the issue. This is because of the way that the cash will run out and the food will be spent in a short time. The recognizable offenders of dry spell and bungle of national procedures are ensnared; in any case, this emergency is particular from ordinary dry spell instigated food deficiencies as for those helpless against starvation, and the course of impoverishment and recuperation. It is suggested that these new viewpoints to the food emergency can be ascribed to a great extent to the HIV/AIDS pandemic in the district. This data is given to us in the article, â€Å"New Variant Famine: AIDS and Food Crisis in Southern Africa† by Alex De Waal and Alan Whiteside. â€Å"Millions Facing Drought and Famine all through Africa† by Barry Mason, reports that guide offices show that numerous territories in Africa are as of now confronting dry spell and danger of starvation (Mason 1). In East Africa, around 11 million individuals are enduring a dry season that is the most exceedingly terrible in 10 years and will imply that food help is desperately required throughout the following a half year. The nations influenced stretch from the Horn of Africa all through Malawi, Zambia and Mozambique (Mason 1). This article is a case of those individuals on the planet that accept this is the primary concern fixing the starvation pandemic. â€Å"Famine Mortality: A Case Study of Darfur, Sudan,† by Alex De Waal presents the outcomes and investigation of an overview of mortality embraced in the towns of the Darfur Region of Sudan in 1986. It represents various significant parts of starvation mortality, and gives the main premise on which to evaluate starvation mortality for this locale (De Waal 1). In 1983, the gather fizzled in Northern Darfur, and in 1984, it fizzled in both northern and southern Darfur. Absence of field likewise prompted the passings of about a large portion of the domesticated animals in the district (De Waal 1). Medicinal services in Africa assumes a significant job in the starvation scourge moving through pieces of the landmass. Absence of a steady government can be accused on absence of medicinal services. Social insurance assumes such a significant job in the starvation pandemic, because of the way that exploration has demonstrated that HIV/AIDS debilitates and slaughters the ranchers that would plant, deal with, and gather the harvests that would give food to the networks. As indicated by certain reports, the African starvation is an away from of the effect of HIV/AIDS. The death toll and human services costs are customarily connected with the infection. In excess of 14 million individuals are currently in danger of starvation in numerous nations all through the mainland. These overwhelmingly rural social orders are doing combating genuine AIDS pestilences, with in excess of 5 million grown-ups as of now living with HIV/AIDS in these nations. Out of an all out grown-up populace of around 26 million, the HIV/AIDS pandemic is a tremendous benefactor. Jungle fever and different illnesses that can be immunized against are additionally not dealt with and assume a significant job in starvation, this is a result of the nonappearance of medical clinics or specialists. No different irresistible illness, especially in sub-Saharan Africa, perpetrates an all the more crushing monetary cost, keeping entire populaces caught in destitution. This human services issue could be dealt with if there were an administration present, however since there is no legislature, or the legislature isn't truly steady, the pandemics proceed and the individuals of Africa keep on becoming ill amazing, to item food, the starvation pestilence just deteriorates. In different zones, not only that of the human services issue, is a contributing variable in the starvation pandemic. News gives an account of the mainland of Africa likewise express that there are many dissident gatherings in specific zones that are murdering the individuals in certain districts and furthermore taking what little food the individuals have. Spreading dread all through the individuals makes them work less, or at times not in the slightest degree. The mass destruction of the laborers is additionally adding to the absence of food in the most hard hit regions. With an increasingly steady government, these gatherings could be debilitated if not crushed out and out, consoling the work power and furthermore making an ascent in the size of the workforce. This is the explanation an increasingly steady government assumes a progressively vital job in starvation. You read Starvation in Africa in classification Paper models In â€Å"Blame Policy, Not Nature,† by Ann Gibbons, just a single district of the world despite everything experiences across the board starvation. This locale is Africa. Why would that be?. All things considered, numerous helpless nations including India and China, have fought off starvation in ongoing decades, despite the fact that starvation was basic there before in the century (Gibbons 1). The tried and true way of thinking holds that the appropriate response is a mix of dry spells, deforestation, and war. The dry spell some portion of this hypothesis is the thing that I am certain first rings a bell with us all, it’s Africa. The deforestation some portion of this hypothesis is brought about by the regularly developing populace and requirement for more land to make urban areas. Keep going on the rundown of three in this hypothesis is war (Gibbons 1). War is a piece of the prevalent attitude that there is a requirement for a steady government in Africa; the wars in Africa are not between nations yet between rebels battling for control of certain regions. These renegade gatherings exist in light of the fact that either the legislature in the zone is excessively feeble, or there is no administration set up here (Gibbons 1). Numerous administrations that have attempted to ascend starting from the earliest stage their own have quite recently been obliterated and overwhelmed by the renegade gatherings. Without outside assistance from encompassing nations in Africa, which isn't likely considering they have their own concern to manage, or help from different nations over the world, for instance the United States, these little governments attempting to stand up will simply keep on being invaded and demolished, further crushing the nearby networks and declining the starvation plague. Simply one more explanation stable government is gravely required all through Africa. On the medicinal services and dissident gatherings, maybe the most elevated contributing component in the starvation scourge going on in Africa is food dissemination. Since food appropriation is the most noteworthy contributing element in the starvation pestilence, the legislature has a colossal job around there. A steady government would be, and is completely pivotal to the controlled circulation of food to the individuals. Not exclusively could a steady government control the measure of food circulated, however it could likewise settle on savvy choices on the measure of food given to every family, contingent upon size and need of food by those individuals. Food dissemination impacts the African social orders quickly, yet without the best possible financing important to keep the circulation programs running, it is only an act of futility. By building up stable governments, the dissemination projects would have better financing and have the option to proceed with the floods of food into the networks. There are numerous hypotheses and sentiments coasting around out there on how starvation in Africa can be diminished. Numerous examinations show that a fundamental factor in diminishing the starvation in Africa start with a steady government, one that can build up a working medicinal services framework that will reduce the impact HIV/AIDS has in the networks. Governments that can end the renegade gatherings and cause the individuals to feel safe to go into the fields. At last, an administration that can set up very much supported food circulation with equivalent conveyance of food, just to give the networks of Africa that kick off they have to get back on the correct way. These are nevertheless a couple of the reasons that starvation in Africa can be decreased, beginning with the foundation of increasingly stable governments all through the mainland. As indicated by the article, â€Å"Famine in Africa: Causes, Responses and Prevention† by David Colman, most starvations over the most recent 25 years have been in Africa. The vast majority on the planet, in this manner, keep consideration exclusively to it, with a specific accentuation on Ethiopia and Sudan. The article by Colman embarks to build comprehension of starvation, give broad experimental proof on all parts of reasons for starvation, family unit reactions to it, advertise conduct in the midst of starvation, and strategy activities, and to evaluate starvation preventi

Tuesday, August 25, 2020

GREAT EXPECTATION BY CHARLES DICKENS Essay Example | Topics and Well Written Essays - 2000 words

Extraordinary EXPECTATION BY CHARLES DICKENS - Essay Example The story is composed during Victorian period and gives an accentuation on a feeling of social obligation, family bolster relationship and sentiment of regard and respect to one another. This is a changing period for Great Britain. This is viewed as the hour of dilatation worldwide and turning out to be solid and ground-breaking nation. With the changing of economy and specialized improvement individuals modify without anyone else and change their perspective and impression of world all in all and writing especially (Hughes, 3-5). Victorian writing is coordinated on a mass peruser and concentrated on high measure of individuals who are going to understand either novel. That is the reason, it might be recommended that Dickens chooses uncover on the issues which are important for the general public and for each compassionate actually. Additionally, he gives an answer for change the finish of the story to a positive one. This may be accomplished for perusers to leave an alluring result and acceptable impact from the book. As nineteenth century was difficult time for British residents Dickens needs to acquire a positive note their lives. The focal figure of the novel is Philip Pirrip likewise called Pip, and Charles Dickens leaves a piece of his experience and sentiments in this character. He was a vagrant, â€Å"a dull, clumsy, working boy† (Dickens, 59) who do value his life and viewed as despondent. His training and development is the arrangement of his sister, Mrs. Georgiana Maria Gargery who is â€Å"not an attractive woman† (Dickens, 26), however her character is a hundred times more awful than her viewpoint. She howls, bothers, trounce her better half and little Pip. This woman has a little fiend somewhere inside in her heart and he is vile and vomited. In any case, Pip is procured kind and touchy character along with the genuine and unadulterated soul. One day this kid is confronted with an opportunity for splendid future in

Saturday, August 22, 2020

Economics Commentary Macroeconomics Essay

Regions of Syllabus your critique identifies with: Section 4: Macroeconomics Having encountered constriction from Q4 08 to Q2 09, the Canadian economy became 5% in the final quarter of 2009, beating anticipated figures. This development was accelerated by purchaser and government spending, just as a developing lodging market. There was additionally development recorded in sends out, with areas, for example, the car, vitality and mechanical considering into this. Notwithstanding, financial analysts caution that for this development to proceed, issues, for example, joblessness and inconsistent total interest must be tended to. Monetary measures, which means choices made by the focal overseeing body concerning tax collection and government spending, have just been taken by the Canadian government, as the financial boost bundle. This bundle has in it $12B in framework burning through, $7.8B intended to animate development firms, $8.3 B for aptitudes preparing and retraining, and a few expense credits extending from the home improvement ($1350/family) to brought down EI and personal duty rates. Monetary strategy by and large frets about making states of full business, value solidness and genuine GDP development. Full business, or a financial state where every single qualified individuals who need to work can discover work at the predominant pay rate, is significant in accomplishing a condition of most extreme efficiency in the economy. The present joblessness rate is 8.2%, over the by and large acknowledged normal pace of joblessness. It has anyway fallen fundamentally, with an increase of 159,000 new openings since June 2009. This might be credited the diminishing in auxiliary joblessness, a found in Fig 1 through a move from AD (l) to AD1 (l). There bungle in abilities offered by Canadian specialists and those requested by firms has diminished on the graph, maybe through preparing programs. Then again, an expansion in total interest, brought about by an expansion in the extra cash of families may have additionally caused the expansion popular for work as firms extended or rehired laid off faculty. Cost soundness is additionally significant for long haul financial development, on the grounds that widespread swelling, which means a consistent and delayed increment in the value level, is known to have a few antagonistic impacts. These incorporate the additional expenses brought about by flimsy asset expenses, and cash losing its job as a mode of significant worth. As the legislature infuses more improvements into the economy, the danger of interest pull expansion develops. In this manner total interest would rise; as a result of development in the cash flexibly, the cost level would increment, as depicted by the short run condition of trade, M=P. This expansion in the cash gracefully is given by the Bank of Canada, and included as the Extraordinary Financing Framework in the legislatures activity plan. To maintain a strategic distance from the previously mentioned swelling, the Bank of Canada has a few instruments available to its. Raising the measure of save prerequisite is an intriguing contractionary decision, so is raising the rebate rate charged to significant banks. These two together act to lessen the best inflationary obstruction, that is popular sentiment. Along these lines, as appeared in Fig2, an expansion in the loan cost brings about a diminishing in shopper interest for cash. This diminishing popular would be helpful in controlling swelling once recuperation had happened. In any case, in the present, the Bank of Canada is probably going to fret about gradually expanding the cash flexibly, and keeping a stable for the time being rate. It is obscure whether the upgrade bundle is the reason for the bounce back in the Canadian economy, this may have been brought about by advertise powers. Also, the retraining programs are probably not going to have just diminished auxiliary joblessness, as one of their significant issues is the timeframe expected to finish such a course. These supposed delays are risky in light of the fact that once the retrained people advances over into the work advertise, 3-4 years may have passed, very nearly a full pattern of specific economies. As expressed in the article, the Canadian recuperation itself doesn't remain on stable ground, particularly so given that a noteworthy piece of the EU is vigorously owing debtors and America no yet out of its own downturn, significant, as 80% of Canadian imports are predetermined there. Regardless of whether the measures taken by the administration as for invigorating the Canadian economy over the long haul will be effective is not yet clear. Be that as it may, the normal white collar class resident in all probability has encountered the advantages of measures running from charge credits and decreases to financing coordinated to the business they work in.

Visual Analysis

Visual Analysis of Mediated Images Though a visual might be dissected from multiple points of view, generally a show has been built up to investigation under Six significant ways of thinking. 1. The individual point of view manages a passionate abstract conclusion. ‘What do I think about the picture’. It’s the main reaction or first idea that enters your thoughts on survey the image. It bears individual inclination and preferences. 2. The recorded point of view assists with deciding the significance of the work dependent on the timeframe that it was made in. ‘When was this created?What was the social arrangement at that timeframe? 3. The specialized viewpoint attempts to draw a connection b/w the medium and the message. ‘What medium has been utilized to make the message? How has the maker communicated through the medium picked. 4. The moral point of view takes a gander at the good and moral duties of the craftsman. ‘What are the ethical obligatio ns of the maker? Is his depiction of the picture moral? 5. The social point of view relates the images utilized in the picture to the general public. ‘What images has the maker used?What is the message passed on by them? 6. The basic viewpoint is a sound end that the watcher draws from the picture. It is an individual response however liberated from predisposition and preference. ‘What have I finished up after fundamentally dissecting the image? How various was my first sentiment from the second? Point of Critical examination: A maker of messages must have a comprehension of the way of life of the crowd and use images that are intelligible by them. It enables a watcher to comprehend, decipher and acknowledge workmanship. Rundown all the Objects and ElementsOne must notification all the items and components in the image and draw a qualification between the most significant and the less significant. The situations of components gives a feeling of development inside the image henceforth the situating of items must be noted. Focus, left, right, top and base. Shadows and lighting recommend what part is in center and give a feeling of profundity. The area helps in understanding of the message. One must classify the reason as news, craftsmanship, individual, or some other. The List †¢ 4 young ladies †¢ Water †¢ Old structure †¢ Small young men †¢ Road The Composition Placement of Objects Foreground: Girls in focus †¢ Background: Water + Kids (left) playing †¢ Background: Brightly lit Building on the privilege †¢ Background: High differentiation/Darker structure behind the young men The young ladies in the middle are the subject of the image. The water out of sight is by all accounts originating from a close by hose funnel or fire hydrant. The young ladies appear to be soaked in water. One can see little young men despite everything playing in the water out of sight. Study obvious signs Shadows and lighting †¢Illuminated expanding on right hand side †¢Light source is before the young ladies at an edge above them †¢Building behind the young men is in obscure regionThe light and shadow proposes its little after 15:00 hours. It sets the disposition of summer and energetic guilty pleasure of children by soaking themselves. There is a feeling of blamelessness. Study visual cues†¦ Color †¢Objective-view of shading and its qualities †¢Comparative-relationship of shading with objects, occasions, feelings †¢Subjective-Every extraordinary shading has various relationship in various societies and social orders. †¢The young ladies dim composition. †¢The light shades worn proposes summer season. †¢The dim shades recommends old and shanty town. Structure The triangle state of the young ladies is a powerful shape. ts base gives a feeling of dependability. They are additionally in a gathering and appear to be an entire unit. The structures give a feeling of tranquility and structure the base for the young ladies that appear before it. ‘Eight' profundity Cues Many authentic visual writings give a solid sentiment of profundity in spite of the way that they are painted on level surfaces that come up short on any profundity. In attempting to portray profundity, there are a few limitations on the procedures that a craftsman can utilize. In the first place, most visual writings, similar to works of art, drawings, representations, and photos, are two-dimensional.There is no real profundity in the fine art so one must comprehend, at any rate naturally, what data is in the condition that permit us to see profundity. These wellsprings of data are ordinarily called profundity or separation prompts. A result of the two-dimensional nature of painting and pictures is that we lose all the profundity data that originates from the way that we have two eyes. These binocular, or two-eye, profundity signs require genuine profundity and in this mann er we won't examine them in setting with regular visual writings. For instance, there is the binocular profundity sign called disparity.Disparity emerges from the way that our two eyes have a somewhat unique perspective on the world. To permit you to see difference requires either genuine profundity or two pictures created as though from various positions like our eyes. The craftsman, in attempting to paint or draw, is, accordingly, constrained to profundity signs that (a) need close to one eye to work, and (b) don't require a moving world. Luckily there are an assortment of such profundity signals, a subset of monocular prompts called pictorial signals by certain creators (Goldstein, 1989). 1. Intervention 2. Space 3. Size 4. Shading 5. Lighting 6. Textural inclination 7. Time 8.Perspective 1. Mediation The primary profundity sign to be examined here is intervention which is the fractional hindering of a progressively removed item by a closer article. Note how the structure is hind ered by the young ladies. Indeed, in the event that you notice the child behind the young ladies on your privilege is in part hindering the structure as well. Be that as it may, the young ladies land up blocking him as well. In this manner making a dream concerning what is out of sight and what is in the front. It is the intervention, cover, that makes the feeling of profundity emerge. Typically the impression of profundity brought about by mediation alone isn't very strong.Notice the frontal area figures of two young ladies with in part blocked figures of other two taking a piggy ride, which are largely that are significant for our current purposes. Here relative size and even relative stature assume little job in providing the profundity request of the different figures (all the figures are generally a similar level and same size). Shadowing assumes a significant job in giving every one of the figures their feeling of three-dimensionality, however to tell who is in what position c omparative with another, the guideline prompt is intervention. 2. Space is the casing wherein a picture is located.With a characteristic scene, the space relies upon the fact that you are so near the subject. Remaining in an open field gives the sentiment of a lot of room and upgrades the sentiment of profundity. In the event that an article is near the eyes, profundity discernment is restricted. Separation is identified with space and aides in our view of profundity. There is a great deal of room behind the young ladies proposing they are a long way from the structures. The water is out of sight and the wet young ladies recommend they had been in the water already. 3. Size can help make the dream of the profundity discernment if the watcher knows about the object’s genuine size.A kind sized stream seen from a separation is a little winged creature measured item. In the event that somebody has no clue what the large streams are, at that point the watcher doesn't respond to th is profundity signal. In like manner, in this photo we can figure normal size (both stature and size) and normal size of two celebrated structure in the setting we become mindful of the profundity (both as far as space and separation) between the young ladies (closer view) and the structure (foundation). Size, subsequently, is firmly identified with our capacity to decide an object’s separation. Separation is identified with space and aides in our impression of profundity. Size likewise is identified with scale and mental attention.Without knowing an object’s size, we need to see it close to an object of realized size so as to decide its size. 4. Shading Correct translation of shading, and particularly lighting signals, permits the spectator to decide the state of items, and hence their course of action in space. The shade of far off items is additionally moved towards the blue finish of the range. (e. g. far off mountains. ) Painters, remarkably Cezanne, utilize †Å"warm† shades (red, yellow and orange) to present highlights towards the watcher, and â€Å"cool† ones (blue, violet, and blue-green) to demonstrate the piece of a structure that bends from the image plane.High balance pictures with extraordinary contrasts among light and dull tones appear to be nearer than objects with increasingly nonpartisan tones shading. 5. Lighting The specific shape and depiction of the shadows alters relying upon the course of the light. There are sure broad standards about shadows. In the first place, in a spot with just one wellspring of light, e. g. outside, the shadows from all the items in the region all go a similar way. As a culmination of this standard, it is unquestionably valid for every single regular light, and for most counterfeit lights, that the light originates from above to some degree.We don't normally encounter getting enlightened from the floor. Second, for a strong item standing up the side of the article in shadow is the s ide away from the light yet for an opening in the ground, the shadow is as an afterthought close to the light. Shadow can assume an amazing job in characterizing structure by giving the item a three-dimensional feel as in the title to this page. Likewise, craftsmen can exploit shadow to characterize structure by featuring how various bits of an article are at various profundities and herefore the item closer to the light will cast a shadow on the more far off item. Shadow can assume a more extensive job in characterizing profundity between objects since objects that are in shadow must be more remote from the light than objects that are not in shadow. Contrasts in light powers can impart profundity. Deliberately created lighting configuration gives subject’s partition from foundation. In the event that b

Friday, August 21, 2020

Surgical Site Infection Following Operative -Myassignmenthelp.Com

Question: Talk About The Surgical Site Infection Following Operative? Answer Introducation The principal understanding issue is laparotomy twisted consideration for Mr. Subside as the patient has as of late experienced the surgery for the resection of the recto-sigmoid tumor in the stomach area. The patient has a stoma and a huge dressing over the injury. This is the primary goal since there are odds of wound disease if legitimate consideration isn't taken that may prompt further entanglements for the patient. Hazard factors incorporate broken skin, balance of body liquid and nearness of contaminants and pathogens notwithstanding obtrusive system. Contamination at the would site would defer the injury recuperating time and the attractive recuperation would not be accomplished (Lewis et al., 2014). The second patient issue is that Mr. Subside is overweight and has a stationary way of life. At 62 years old years he weighs 84 kgs. He is a resigned truck driver and has insignificant brain science action all the time. Moreover, he is a customary smoker and consumer. The patient is experiencing imbalanced nourishment: more than body prerequisites that is admission of food abundance than the metabolic needs. Stoutness is the reason for various wellbeing inconveniences that meddle with the recuperation procedure of a patient post medical procedure. The patient has been experiencing hypertension for a long time. The patient needs to have a solid sustenance utilization so as to accomplish expedient recuperation post medical procedure (Landsberg et al., 2013). The third patient issue is inadequate patient instruction. Mrs. Jones has mentioned to be instructed on the surgery the patient had experienced. This mirrors she has insufficitn information on the ramifications of the medical procedure and the consecuitive consideration that must be given. Initially, it is the privilege of the patient relative to pick up data from the social insurance proficient about the surgery that the patient has experienced. What's more, instructing the family memebrs about medical procedure would lessen the odds of entanglements and bolster the recuperation procedure (Kuhns, 2017). Nursing conclusion (from NANDA-I) Objective Nursing mediations Basis Assessment/ anticipated result Hazard for disease To dispose of the odds of disease at the injury site and advance total recuperation Disease control and aseptic strategies are to be clung to Audit of research center examinations are required for odds of efficient diseases Complete dressing under aspectic strategies and utilization of legitimate dressing materials for the procedure Assessment of the skin for indications of contamination and disturbance ID of indications of scratching and tingling Anti-microbials may be applied as shown ID of an arrangement for debridement if there should arise an occurrence of necrotic tissue is available Train persistent about skin appraisal and how to screen for signs and indications of disease Instruments for forestalling disease at medical procedure site Expanded check of WBC shows a progressing disease that could be because of contamination at the injury site (Nettina et al., 2013) Odds of getting tainted are high at the hour of wound dressing Disturbance of skin uprightness close or at the medical procedure site are significant wellsprings of inection. Cutting to shaving with care is required for forestalling scratches and scraped areas in the skin Tingling and scratching lighten odds of disease (Ovaska et al., 2013) Suspected contamination can be dealt with Mending isn't fitting if there is necrotic tissue Early distinguishing proof and intercession forestalls extreme entanglements ( Zaccagnini White, 2015) Maintainence of aseptic and safe condition Nonappearance of disease or inconveniences at the medical procedure site Imbalanced nourishment: more than body prerequisites To advance utilitarian and good dieting designs according to body prerequisite Do and survey the day by day food admission Investigation and conversation of feelings of the patient related with eating Detailing of eating plan with commitment of the patient. Information on the patients subtleties and healthful needs is essential. The inclinations of the patient is to be known The noteworthiness of expending a sound eating regimen is to be underscored onto Techniques are to be created to manage pigging out Assurance of the current action level of the patient and plan an activity program Improvement of a craving decrease plan in a joint effort with the patient Make a sheltered and relieving condition at supper time Distinguishes the examples of eating based on which dietary program can be sketched out Brings up contrast between eating because of body needs and enthusiastic needs An arrangement that is sketched out keeping the inclinations of the patient into thought is increasingly fruitful Adjusted eating regimen prompts metabolic adjusts and decreases odds of migraine, weariness and shortcoming that are regular after medical procedure ( Ceccarelli et al., 2017) The patient is feeling remorseful about voraciously consuming food would not do it further Activities would help in weight reduction and increment vitality, upgrade body working and advance by and large prosperity Indications of completion to be perceived Fitting condition while eating advances great dietary patterns (Chism, 2015) Proper eating practices Quiet training To instruct patient and his relative about the ramifications of laparotomy Clarify about the technique of laparotomy and the patient advantage drawn from it Lead one-on-one meeting with Mrs. Jones to impart the subtleties of the medical procedure A casual domain is to be made for this reason Correspondence should be clear and straightforward and language must be that for a layman Potential complexities of laparotomy to be educated, for example, discharge and gut blockages The patient to be exhorted rest The patient to be encouraged self-care techniques including anticipation of blockage Dressing methods to be instructed to Mrs. Jones Mrs. Jones to be urged to persuade the patient to stop smoking and drinking through giving instruction on end methodologies Advise the patient and relative about what the medical procedure as about Correspondence on a one-on-one procedure is helpful in conferring training Casual condition encourages tolerant training Persistent ready to associate with what is being imparted to him Early location of intricacies and resulting intercessions diminish the odds of further antagonistic occasions Satisfactory rest demonstrates expedient patient recuperation Obstruction expands the odds of post-careful entanglements (Potter et al., 2017) She would be liable for thinking about the patient once he is released from the medical clinic Smoking and drinking discontinuance would advance generally speaking wellbeing (Kleinpell, 2013) Mr. what's more, Mrs. Jones all around educated about the surgery and the suggestions References Ceccarelli, L., Franceschi, M., Bertani, L., Nieri, C., de Bortoli, N., Mumolo, G., ... Buccianti, P. (2017). P538 Can enteral polymeric eating regimen change the post-careful result in Crohn's sickness patients? A pilot study.Journal of Crohn's and Colitis,11(suppl_1), S353-S354. Chism, L. A. (2015).The specialist of nursing practice. Jones Bartlett Publishers. Kleinpell, R. M. (2013).Outcome appraisal in cutting edge work on nursing. Springer Publishing Company. Kuhns, K. (2017). NU02. 02 Preoperative Thoracic Surgery Patient Education Program Development.Journal of Thoracic Oncology,12(1), S198-S199. Landsberg, L., Aronne, L. J., Beilin, L. J., Burke, V., Igel, L. I., Lloyd?Jones, D., Sowers, J. (2013). Obesity?related hypertension: Pathogenesis, cardiovascular hazard, and treatmentA position paper of The Obesity Society and the American Society of Hypertension.Obesity,21(1), 8-24. Lewis, L. S., Convery, P. A., Bolac, C. S., Valea, F. A., Lowery, W. J., Havrilesky, L. J. (2014). Cost of care utilizing prophylactic negative weight twisted vacuum on shut laparotomy incisions.Gynecologic oncology,132(3), 684-689. Nettina, S. M., Msn, A. B., Nettina, S. M. (2013).Lippincott manual of nursing practice. Lippincott Williams the executives. Ovaska, M. T., Mkinen, T. J., Madanat, R., Huotari, K., Vahlberg, T., Hirvensalo, E., Lindahl, J. (2013). Hazard factors for profound careful site contamination following employable treatment of lower leg fractures.JBJS,95(4), 348-353. Potter, P. A., Hall, A. M., Perry, A. G., Potter, P. A., Potter, P. A., Stockert, P. A. (2017).Fundamentals of Nursing; C [edited By] Patricia A. Potter, RN,. Mosby Elsevier. Zaccagnini, M., White, K. (2015).The specialist of nursing practice basics. Jones Bartlett Learning.

Monday, August 3, 2020

The POWER of a Mechanical Engineering

The POWER of a Mechanical Engineering In 2011, MIT Mechanical Engineering students went through MISTI to design a control system for a YF03 robot atKawasaki Heavy Industries in Japan; research the potential of shale gas as an energy source at Iberdrola in Spain; conduct experimental investigations of rheological substances at RWTH Aachen University in Germany; and develop engineering projects to improve life in impoverished communities at Tecnologico de Monterrey in Mexico (to name a select few). In fact, a total of 80 MechE students went overseas last summer to expand their skills in foreign companies, universities and labs. Christopher Love Graduate student MIT-Italy Program 2008, 2009 2011 Internship: ENEL, Pisa This experience connected me to relatives in Italy and formed long-lasting friendships. I hope to travel often to Italy and perhaps return for an extended period of work. I have continued in the energy sector as a MITEI and NSF doctoral fellow researching durable nanoengineered surfaces for improved power-plant efficiency. The project:I designed a hybrid solar-geothermal power plant for the western U.S.; this project led to a future publication at the World Geothermal Congress, 2010. The host: Enel is the largest power company in Italy and second largest in Europe. It operates around the world and has invested heavily in renewable energy. The city:Pisa is small like Boston but has the similar feeling of a college town. The main attraction is the Leaning Tower. The residents are warm and friendly, and the food is delicious! Alan XU Class of 2013 MIT-France Program 2011 Internship: lectrict de France, Clamart While I probably wont return to the same campus, EDFs enormous network helped me find other promising projects. Working abroad has certainly opened the rest of the world for future employment. The French 3 year Ph.D thesis/internship program is also a strong candidate for higher education and experience. The project: Designing a Steam Generator test bench using mechanical and vibrational knowledge from MIT, eventually leading to a better SG understanding and life expectancy. The host: Largest energy company in the world, mainly using nuclear power plants. It is unique to be involved in something as important, guarded, and rare in the US as a nuclear power plant. The city:Clamart is all business, but adjacent Paris is anything but. Like New York, there is always something to see and do. From Paris, the TGV can also take you to the rest of France in 2-3 hours. Chris Benson Graduate student MIT-Italy Program 2011 Internship: ENEL, Pisa Before I did MISTI, I saw the rest of the world simply as a place to travel to on vacation. Now I see Italy as a place where I could potentially live and work. I plan to keep learning to speak the Italian language and cook Italian food. The project: I researched and analyzed the current state of the art in wind turbine technologies to provide a basis for evaluating future turbine acquisitions. This involved traveling around Italy visiting wind farms and meeting with turbine manufacturers. The host: ENEL is the main power producer in Italy, I worked for the green power division that is installing renewable energy sources all over the country. The city:Pisa is an amazing place to live, it is rather small but incredibly beautiful. It is inexpensive and has a good sized airport if you want to travel on the weekends.

Sunday, June 21, 2020

Rhetorical Analysis I Have A Dream Speech  - Free Essay Example

Rhetorical Analysis I Have A Dream Speech   On August 28th, 1963, Martin Luther King Jr. gave out a speech to the people that was called I Have A Dream. Kings speech was one to remember during the Civil Rights Movement. The speech has gone down as one of the most significant in history and is a great example for many other orators and politicians today. Kings speech is still recognized as a form of change to this day. One of his great skills was the ability to create a great bond with his audience. He had a dream to change the way the world looks at each other, he started off his speech with I am happy to join with you today, thus is Kings way of greeting his audience and beginning to make a connection. King balances the rhetorical appeals by showing his knowledge in his emotion, his timing towards wanting a change for our nation, and his logic of how life could be better.   Martin Luther King Jr. was a man of his word, you would never see him say he was going to do something and not follow through. King changed the way that the world looks at each other today, thanks to him racism has been downgraded majorly. The video of his speech starts off with a song that repeats the words We shall overcome (Martin Luther King Jr.). This video starting off with this song already put a thought of emotion for hope and belief in your mind. King wanted to make a change that Abraham Lincoln tried to change when he was president. He makes a connection with the nation by understanding their lives that he has heard, and making sure that he tries his best to follow through with all demands that his people request of him. All of this has an emotion that hits to home for certain types of races. Martin Luther King Jr. was a man of kind words and faith, never looked down on people that have looked down on him. Kings timing throughout the whole speech is one that most people would call perfect. He states in his speech 5 score years ago a great American in whose symbolic shadow we stand today signed the emancipation proclamation (Martin Luther King Jr). Giving his speech exactly 5 years after the legend Abraham Lincoln gave his speech to try and stop slavery shows you that it takes time for change, but change will happen with hope and time. King saw that he needed to make a change for his nation, during this time he saw that people needed to change the way their mind sets where. He says The negro still is not free, one hundred years later life of the negro is still sadly This shows some emotion of sadness, but it also shows you how during that time how people felt just because they were discriminated by others with hatred. During this time there was a lot of depression that broke souls and familys around the world. Martin Luther King Jr. logic about the Civil Rights Movement is a way that many people have thought of before, but never took it a upon themselves to make a change. King talks in his speech about slavery he states Black men as well as white men would be guaranteed the unalienable rights of life liberty and the pursuit of hippieness. It is obvious that today has defaulted on this promissory note insofar as her citizens (Martin Luther King Jr.). In this part of his speech he is stating that we were promised to be treated fair and equal as one, and that still years later we as the people have to fight to be treated the same as others, and we have to fight to be treated as equal.   Martin Luther King Jr. was a man of his word when it came to making the people around him happy. He finished off creating a change that Abraham Lincoln tried to do many years ago. He showed people that its okay to feel for another race, and that you can get things done with a little bit of time and effort, and lastly that no matter what Martin Luther King Jr. will stay known for what he has finished and started for the world and many people down the line of history will always remember the man the truly finished and ended slavery for everyone. The I Have A Dream speech was one of his speeches that made a memory on the earth and will be cherished for a life time.

Saturday, May 23, 2020

Niels Bohr and the Manhattan Project

Danish physicist, Niels Bohr won the 1922 Nobel Prize in Physics in recognition of his work on the structure of atoms and quantum mechanics. He was part of the group of scientists that invented the atomic bomb as part of the Manhattan Project. He worked on the Manhattan Project under the assumed name of Nicholas Baker for security reasons. Model of Atomic Structure Niels Bohr published his model of atomic structure in 1913. His theory was the first to present: that electrons traveled in orbits around the atoms nucleusthat the chemical properties of the element was largely determined by the number of electrons in the outer orbitsthat an electron could drop from a higher-energy orbit to a lower one, emitting a photon (light quantum) of discrete energy Niels Bohr model of atomic structure became the basis for all future quantum theories. Werner Heisenberg and Niels Bohr In 1941, German scientist Werner Heisenberg made a secret and dangerous trip to Denmark to visit his former mentor, physicist Niels Bohr. The two friends had once worked together to split the atom until World War II divided them. Werner Heisenberg worked on a German project to develop atomic weapons, while Niels Bohr worked on the Manhattan Project to create the first atomic bomb. Biography 1885 - 1962 Niels Bohr was born in Copenhagen, Denmark, on October 7, 1885. His father was Christian Bohr, Professor of Physiology at Copenhagen University, and his mother was Ellen Bohr. Niels Bohr Education In 1903, he entered Copenhagen University to study physics. He received his Masters degree in Physics in 1909 and his Doctors degree in 1911. While still a student he was awarded a gold medal from the Danish Academy of Sciences and Letters, for his experimental and theoretical investigation of the surface tension by means of oscillating fluid jets. Professional Work Awards As a post-doctoral student, Niels Bohr worked under J. J. Thomson at Trinity College, Cambridge and studied under Ernest Rutherford at the University of Manchester, England. Inspired by Rutherfords theories of atomic structure, Bohr published his revolutionary model of atomic structure in 1913. In 1916, Niels Bohr became a professor of physics at the University of Copenhagen. In 1920, he was named director of the Institute of Theoretical Physics at the University. In 1922, he was awarded the Nobel Prize in Physics ​for recognition of his work on the structure of atoms and quantum mechanics. In 1926, Bohr became a Fellow of the Royal Society of London and received the Royal Society Copley Medal in 1938. The Manhattan Project During World War II, Niels Bohr fled Copenhagen to escape Nazis prosecution under Hitler. He traveled to Los Alamos, New Mexico to work as a consultant for the Manhattan Project. After the war, he returned to Denmark. He became an advocate for the peaceful use of nuclear power.

Monday, May 18, 2020

Biography of John Dewey

Biography of John Dewey John Dewey is the American philosopher who can be seen as the leader of the pragmatism school of thought. This pragmatism school of thought is in essence the naturalistic view that knowledge surfaces when a human being actively adjusts to his surroundings instead of observing the world in a static, inactive manner (Internet Encyclopedia of Philosophy). His philosophy is focused on stretching the mind in an active manner and experience. Dewey himself is evidence for the experiences, he has used theories of â€Å"modern biology, psychology, physics, and the historical sciences† (Hook, 2008, p.3). His influence from these theories and on these theories is so crucial, that it is said that John Dewey’s ideas and persona have been part of shaping intellectual America (Hook, 2008, p.4). Every person and his thoughts are shaped by his environment and that is no different for this philosopher. John Dewey was born on the 20th of October, 1859 (Hook, 2008, p.10). The place of birth of John was Burlington, Vermont in which he was raised in a homogenous, almost classless New England community with rarely any outliers or extremities. It was in that peaceful and yet liberal environment that his ideas on justice and equality were ingrained on him. But it was in Michigan and Chicago that he began to develop his ideas which were brought to final fruition in the cosmopolitan city of New York (Hook, 2008, p.5). His Michigan and Chicago period were marked by difficulties in the sense that it was a hard life to live back then. It was a period in which thinking, good thinking, could make a great difference. It was at the University of Chicago that John could reap the ideas he had and there he created his pattern of thoughts that would make up his philosophy. When John was a student, the context of studying and university were ingrained with religion and theology (Hook, 2008, p.11). However, John based his pattern of thoughts on psychological foundations and focused it on education and learning which had the implication that â€Å"genuine learning can only be achieved by doing† (Hook, 2008, p.8). With his ideas Dewey changed how the American education system was viewed and assessed. He transformed the framework of thought of the education system and became a famous person because of it. After graduating from the University of Chicago, Dewey gave lessons at a school in Pennsylvania while he himself continued to educate himself further in philosophy. He continued his studies in 1882 at Johns Hopkins University and did his dissertation on the â€Å"Psychology of Kant (Hook, 2008, p.12,13). Influences on Dewey were Hegel (Hook, 2008, p.15). In the cosmopolitan city of New York, he could elaborate his ideas further because the city with its financial and industrial influence and the presence of every social culture and subculture was like a laboratory for him (Hook, 2008, p.8). His ideas were very influential and over time were used in most disciplines such as economics, art, psychology and education but also fellow philosophers, scientists and peers. His ideas became not only famous in the US but worldwide and he was proud to be an American. He was unique as a philosopher in the international arena because most of the philosophers were not known outside of their own borders, John Dewey was and he was revered as well. Because his thoughts were revolutionary for the education system, he received requests from educators and education systems from all over the world (Hook, 2008, p.10). However, his persona remains somewhat hidden because he rarely spoke or wrote about himself. His interest was always outward oriented, not inward or regarding himself. He loved books and the ones who read them (Hook, 2008, p. 18). He worked until he died in 1952. References Hook, S. (2008). John Dewey, An Intellectual Portrait. Cosimo Publications, New York. Internet Encyclopedia of Philosophy, A Peer-Reviewed Academic Resource. Retrieved March, 19, 2012 from http://www.iep.utm.edu/dewey/

Monday, May 11, 2020

The Story Of An Hour By Kate Chopin - 980 Words

The loss of a loved one should bring about an overwhelming feeling of loneliness and depression. In The Story of an Hour, written by Kate Chopin in 1894, the protagonist, Louise Mallard, has to deal with the apparent death of her husband Brently. Brently Mallard is suspected to have died in an accident near a railroad, but the information about his death is false. Due to the lack of technology, his family is misinformed about him and the story follows Louise Mallard in her final moments. After thinking about her future without Brently, Louise is startled by his reappearance and the shock causes her to die of heart disease. Her death is foreshadowed earlier in the story when the author characterizes Louise as â€Å"afflicted with a heart trouble† (Chopin). One would infer that when a couple reaches the highest stage of a relationship (marriage) that their connection and bond has become too powerful to be questioned. Although in some instances this theory may be true, one can ne ver be too sure about the emotions and feelings of others even if marriage is a binding factor. Kate Chopin uses symbols and characterization within The Story of an Hour to demonstrate the uncertainty in relationships. Symbols in The Story of an Hour bring meaning and understand to the enriched short story. Louise locked herself in her room after the news of her husband and as she look out the window â€Å"she could see....the tops of trees that were all aquiver with the new spring life.† (Chopin). The new springShow MoreRelatedThe Story Of An Hour By Kate Chopin1241 Words   |  5 Pagesâ€Å"The Story of an Hour† by Kate Chopin is a wonderful short story bursting with many peculiar twists and turns. Written in 1894, the author tells a tale of a woman who learns of her husband’s death, but comes to find pleasure in it. Many of the elements Kate Chopin writes about in this story symbolize something more than just the surface meaning. Through this short story, t old in less than one thousand one hundred words, Kate Chopin illustrates a deeper meaning of Mrs. Mallard’s marriage with herRead MoreThe Story Of An Hour By Kate Chopin855 Words   |  4 PagesThe Story of an Hour In the â€Å"Story of an Hour† by Kate Chopin, is about pleasure of freedom and the oppression of marriage. Just like in Kate Chopin’s story, inside most marriages, even the ones that seem to be the happiest, one can be oppressed. Even though, one might seem to be happy deep inside they miss the pleasure of freedom and living life to the fullest. Just like, in this story Mrs. Mallard feels trapped and when she hears about her husband’s death she first feels distraught, but ultimatelyRead MoreThe Story Of An Hour By Kate Chopin1457 Words   |  6 PagesEmotions and Death Everyone who reads a story will interpret things slightly different than the person who reads it before or after him or her. This idea plays out with most every story, book, song, and movie. These interpretations create conflict and allow people to discuss different ideas and opinions. Without this conflict of thought there is no one devoting time to debate the true meaning of a text. Kate Chopin’s â€Å"The Story of an Hour† tells about a woman who is informed of her husbands deathRead MoreThe Story Of An Hour By Kate Chopin987 Words   |  4 PagesIn Kate Chopin’s short story, â€Å"The Story of an Hour† reader’s see a potentially long story put into a few pages filled with rising action, climax and even death. In the beginning of the story, character Louise Mallard, who has a heart condition, is told of the death of her husband by her sister and one of her husband’s friends. Afterwards Mrs. Mallard is filled with emptiness and then joy of freedom. This joy of freedom is actually what consequently leads to her death in the end when she discoversRead MoreThe Story Of An Hour By Kate Chopin1061 Words   |  5 PagesThroughout the short story, â€Å"The Story of an Hour†, readers are introduced to characters whose lives change drastically in the course of this writing. Through Kate Chopin’s story we can identify many different themes and examples of symbolism in her writing. Chopin’s choice of themes in this writing are no surprise due to the time frame of which this story was written. Chopin often wrote stories with of women’s rights, and is noted as one of America’s first open feminists. As this story of an ill, helplessRead MoreThe Story Of An Hour By Kate Chopin972 Words   |  4 Pagesâ€Å"The Story of an Hour† by Kate Chopin expresses Ms. Mallard’s feelings towards her husband’s death in an appalling train accident. Due to her bad heart, her sister Josep hine had to be the bearer of bad news and approach his death gently to her. According to the quote, â€Å" But now there was a dull stare in her eyes, whose gaze was fixed away off yonder on one of those patches of blue sky. It was not a glance of reflection, but rather indicated a suspension of intelligent thought†, it lets us know thatRead MoreThe Story Of An Hour By Kate Chopin998 Words   |  4 Pagesâ€Å"The story of an hour† by Kate Chopin was a story that was ironical yet profoundly deep. As a student I have been asked to read â€Å"a story of an hour† many times, and every time I’m surprised by how I enjoy it. People can read thousands of stories in their life times and only a handful will every stand out to them, stories that can draw out an emotion or spark a thought are the ones that will standout more. For me and â€Å"a story of an hour† the thought of freedom is what draws me the most as a teenageRead MoreThe Story Of An Hour By Kat e Chopin1542 Words   |  7 PagesIn the short story, â€Å"Story of an Hour†, Kate Chopin writes about a woman with heart trouble, Mrs. Mallard, who, in finding out about the death of her husband, Mr. Mallard, experiences some initial feelings of sadness which quickly transition into the exhilarating discovery of the idea of a newfound freedom lying in front of her. When it is later revealed that her husband is not actually dead, she realizes she will not get to taste that freedom. The devastation kills her. What Mrs. Mallard goes throughRead MoreThe Story of an Hour by Kate Chopin596 Words   |  2 PagesIn â€Å"The Story of an Hour,† Kate Chopin focuses on the idea of freedom throughout the story. Mrs. Mallard is a lonely wife who suffers from heart trouble. She is told by her sister Josephine and her husband’s friend Richards that her husband has passed away in a train accident. She locks herself in a room expecting to be devastated, but instead feels freedom. Later, she exits her room and her husband walks through the door, causing her to die of a heart attack. Chopin uses this story to demonstrateRead MoreThe Story Of An Hour By Kate Chopin886 Words   |  4 Pages In Kate Chopin â€Å"The Story of an Hour†, the reader is presented with the theme of prohibited independence. In Kate Chopin â€Å"The Storm†, the scenery in this story builds the perfect atmosphere for an adulterous affair. The importance of these stories is to understand the era they occurred. Kate Chopin wrote stories with exceptional openness about sexual desires. In â€Å"The Storm†, a short story written by Kate Chopin in a time when women were expected to act a certain way and sexual cravings was considered

Wednesday, May 6, 2020

H.H. Holmes - 3086 Words

Running head: SERIAL KILLER H. H. HOLMES H. H. Holmes Valerie Jones Theories of Criminal Behavior September 23, 2012 Phillip Neely Abstract The United States first known serial killer was named H. H. Holmes. H. H. Holmes would later be said to be an alias created by Herman Webster Mudgett who was a doctor. It was said that Herman as a child had a privileged childhood. As a young child Holmes appeared to be remarkably intellectual. According to Holmes’s personality traits; there were†¦show more content†¦After marrying Myrta, Holmes filed for divorce from Clara; but that divorce would never be finalized. In January 1894 while in Denver, Colorado, Holmes was still married to Clara and Myrta would marry again to Georgiana Yoke. It was during his time in Chicago; Holmes started to grow even more shady and criminal. Holmes took a job in a drugstore, which he later bought and promised to let the current store owner live in after her husband died. When her husband died however, she simply disappeared people began to question where she was. Holmes lied and told people she went to California she liked it so much that she decided to stay there. These people actually would turn out to be his first victims in his long murder spree, and it is unknown how and when he murdered them. Not long after this Holmes would purchase several acres across from the drugstore and would build what would later be known as his Murder Castle (which is where it is believed that he hid the bodies of Dr. E.S. Holton and his wife). Holmes now centered on 63d Street and transferred his activities to the district of Chicago; it was here he would achieve fame. Once in Chicago Holmes would drive out a proprietress. Holmes worked in a drugstore. Across the street from the drugstore he would begin to build an extremely large building 50 ft. wide and hundred and 150 ft. long this was a gigantic and obnoxious building. The place was more than three stories high and had a colossalShow MoreRelatedJack the Ripper and H.H. Holmes1279 Words   |  5 Pagesmurderer, H.H. Holmes, but not just any connection. By looking at The Dev il in the White City, we can see that there are things about murderer H.H. Holmes that are very similar to Jack the Ripper. This could mean that we finally have an answer to the mystery: who was Jack the Ripper? Let us begin with Holmes. Holmes lived in Chicago and owned a pharmacy. He had medical training and loved money and women (Larson 36-37). He was able to smooth talk and gave people a sense of happiness. Holmes could convinceRead MoreAnalysis Of The Confession Of Dr. H.h. Holmes1205 Words   |  5 Pagesthe fact that I was a murderer, no more than the poet can help the inspiration to sing.† This quote was in the confession of Dr. H.H. Holmes when he was caught in 1896. These words are very chilling due to the fact that this man is believed to had killed up to 200 people and not only thinks that he couldn’t help himself but in some ways compares himself to an artist. Holmes’ gruesome murders still inspire ideas in modern day society, such as T.V. shows like American Horror Story. It could be arguedRead MoreH.H. Holmes. After The Industrial Revolution Fabricated1593 Words   |  7 PagesH.H. Holmes After the Industrial Revolution fabricated society for nineteenth century America, many families were moving to the cities for new opportunities. Immigrants found a niche in society and life was beginning to flourish and build the nation into what it’s citizens know it as today. However, while most of the country was settling down, a man by the name of Herman Webster Mudgett, otherwise known as HH Holmes, had a different approximation of why he should move to the city. HH Holmes wasRead MoreErik Larson s The White City, And H.h. Holmes s World s Fair Hotel Essay1760 Words   |  8 Pagesaround the country, especially in terms of the form and function of architecture. Perfect examples of a differing culture can be found in Erik Larson’s Devil in the White City. Through the description of building of Daniel Burnham’s White City, and H.H. Holmes’s World’s Fair Hotel, it can be inferred that both projects had different goals and very clearly repre sented the differences of a new period in American History. Holmes’s Hotel represented an older, darker, and more violent Chicago, while Burnham’sRead MoreIs America s First Serial Killer Essay908 Words   |  4 PagesConsidered America’s first serial killer, H.H. Holmes demised a plan like no other to torture and kill woman in the early 1890’s in Chicago, Illinois (H.H. Holmes, 2004). Masquerading as a charismatic prominent businessman, and caring doctor, H.H. Holmes was a true monster (H.H. Holmes, 2004). Known later as the â€Å"torture doctor† or the â€Å"monster of 63rd street†, he methodically planned, attacked, and controlled his victims till the very end (H.H. Holmes, 2004). Born Herman Webster Mudgett on MayRead MoreDr. H. H. Holmes: Americas First Serial Killer Essay1527 Words   |  7 Pagescan help the inspiration to sing – I was born with the Evil One standing as my sponsor beside the bed where I was ushered in the world, and he has been with me since† (Troy, Taylor). This statement was a quoted confession from Dr. H. H. Holmes himself in 1896. Holmes was the first major serial killer in America, even though he came after many others in his time. Thomas Neil Cream, the Austin Axe Murderer, the Bloody Benders, and Jack the Ripper came before him. His name was originally Herman WebsterRead MoreSerial Killer And Serial Killers Essay1171 Words   |  5 Pageskiller who is well known in American history is H.H Holmes, as well as the infamous Bloody Benders. H.H Holmes is one of Americas first known serial killer during the 1893 Columbian Exposition. He was known as Dr. Henry Howard Holmes. Holmes was born Herman Webster Mudgett on May 16, 1861, in Gilmanton, New Hampshire. He was born into a wealthy family, it is said that H.H Holmes at an early age appeared to be unusually intelligent. As a kid H.H Holmes was bullied and it is said that he was scaredRead MoreAmerica s First Serial Killer1347 Words   |  6 PagesH.H. Holmes, born in 1861 as Herman Webster Mudgett, was an extremely notable con man, fraud and murderer. More popularly known as America’s first serial killer, Holmes had a vast and varying criminal record. For instance, his criminal record ranged from forging checks and life insurance claims, to killing off entire families in his â€Å"murder† hotel. The one most identifiable pattern to his offenses resides in his economic struggle. As seen in a documentary directed by John Borowski, most of the individua lsRead MoreHolmes : Americas First Serial Killer1139 Words   |  5 Pages According Florida Gulf Coast University Serial Killer Database, there has been 2,625 serial killers so far in the United States, the most of any country in the world. However, this trend all started out with H.H. Holmes: America’s first serial killer. H.H. Holmes was born in New Hampshire as Herman Webster Mudgett in 1861. He was extremely bright in school and excelled beyond the other kids in his class. Because of this, he was bullied a lot by his jealous schoolmates. One incident stands out amongRead MoreThe City Of Chicago, A New City Block And Towering Three Stories Above Englewood1472 Words   |  6 Pageswould come to know. It was 1886 when H.H. Holmes, who was formally known as Herman Webster Mudgett came to the city of Chicago. Throughout his lifetime Holmes had several other aliases that he used to elude numerous creditors and former acquaintances he feared would step forward with accusations of fraud, poisoning and murder, so deciding he would change his identity now going by Henry Howard Holmes. But, to the rest of the world he would forever become H.H. Holmes, torcher doctor, monster of 63rd street

Starting a Business Musical Instrument Dealership Free Essays

string(97) " of importing instruments of various brand had became a lucrative opportunity for entrepreneurs\." The Opportunity Music has power to attract almost all the people. In a country like Bangladesh historically people have practiced music for a long time. That implies that musical industry can get only bigger and bigger in the future which should increase the demand of the musical instruments. We will write a custom essay sample on Starting a Business: Musical Instrument Dealership or any similar topic only for you Order Now And with only a few competitors the opportunity in musical instrument dealership and selling musical instrument can be really huge. In our research we have observed that now day’s people are very brand conscious. Keeping that in mind we are introducing ESP Guitar for the first time in Bangladesh which is a very much renowned brand in the whole world. It is a Japanese brand who makes electronic guitars and basses. It is a very popular brand in many countries right now. ESP is well known for their stylist guitars and basses. Many popular rock and metal bands are using ESP recently and we believe it will be very popular in our country as well because there are number of rock and metal bands in our country now. We are introducing this new brand because according to our analysis it will give us a competitive advantage over our competitors and it will also differentiate our company from all the major players of the industry. Apart from launching ESP in Bangladesh we are also offering installment system which should attract more students who are the main target customers of our company. With the help of the technical and management team of EBS we are also offering free servicing of the musical instruments. Overall we can say that the opportunity in the music industry is huge. We believe we can capitalize this for our benefit. We intend to do that by our creative idea and meeting all the customers’ needs. Products and Services Tune and Play will sell new and used musical instruments and accessories. Our primary items will be electric and acoustic guitars, amplifiers and electronic keyboards, drams and some local instruments like harmonium, tobla and flute. In addition we will have a full service, on-site repair and customization department (band instruments, guitars and electronics). Tune and Play will offer several name brand instruments such as: †¢ Electric and acoustic guitars by ESP. †¢ Bass Guitar †¢ Keyboards †¢ Pianos †¢ Drums †¢ Amps †¢ Mixer †¢ Microphone †¢ Processor †¢ Sound-Card †¢ Foot-Pedal †¢ Violin †¢ Saxophone A very well stocked accessory department to support the above items. In addition to complete repair services for  our products, we will emphasize upgrades and customization items to develop other income streams our competitors have not considered. When carrying a brand name item conflicts with giving the customer the best all-around value, we will always pursue the product that best suits o ur client’s interest. Marketing Analysis Target Market Our main target customers are musicians who are ready to pay anything for their desired instrument. However within that musician customer,  there are  different segments, ranging from professionals, to semi-professionals, to hobbyists and novices. We intend to target musical novices, hobbyists, and semi-professionals. These groups  include the largest percentage of musicians,  with the greatest amount of disposable income. These  market segments  can generally be approached with the same marketing techniques, and can be very loyal when treated properly. We are also targeting the students of those schools where ‘Music’ is offered as a mandatory course to them. Moreover there are many music school are present at Dhaka, and the numbers are in rise. Reasons for Buying our Product We are the only store in Dhaka who will offer ESP brand instruments for which musicians have a high demand. We will also offer the novice to semi-professional musician, the convenience of a wide selection, unique offers, experienced and reliable staff, and an educationally-focused community center; all in one location Again most musicians need support and service. The instruments that we sell can be difficult or impossible for end users to service. Potential clients tend to seek stores that can fulfill these services through word of mouth referrals or by using direct shopping experiences. These musicians come back time after time if they feel they are getting a fair deal. Therefore, we will ensure enough numbers of technicians for them always, so that they can find solution of their instrument’s problems any time. We will also provide one year warranty for the brand items. Analysis of Marketing Data: To know about the customer preferences and needs towards musical instrument, we conducted a market survey. After successfully completing the survey analysis, we had a more clear idea of what a potential buyer or musician desires from a music store. For our survey, we targeted people whose who are above 15 years old. We found that 53% people prefer rock music, 27% people prefer heavy metal and rest of the people like classical and pop music. 47% people like to buy Guitars from a music store, 27% 1ike to buy Keyboards, 13% like to buy Drums and others prefer to buy some local instruments like Harmonium, Flute etc. We found that people want both cash and installment payment available in the store. We found out, almost 40% people usually buy instruments for their learning purpose, 35% people buy because they are in band, and rest of the people buy by following their favorite artist. 80% people want lifetime free servicing if the instrument is not broken and rest of the people prefer stores should give year-end sales with 10%-15% discount. For people, Dhanmondi, Panthapath and Uttara as the most convenient place fir shopping. Industry Analysis Since the inception of Bangladesh, basic musical instruments were being manufactured by some local manufacturer. The department was being run by some minor players and import for marketing for international brands didn’t exist at all. The market of musical instrument grew massively during late 70s and early 80s when many artists bands were emerging. Demand of many international instruments like guitar, drums started to increase along with those regional instruments. From that time the need of importing instruments of various brand had became a lucrative opportunity for entrepreneurs. You read "Starting a Business: Musical Instrument Dealership" in category "Papers" Further, with the technological advancement and immensely growing demand, more and more instrument seller were becoming available but there was not enough legal and economic support to install any authorized dealership or franchising for the provision of brand demand. Though 40 years back from now Melody Co. , one of the musical instrument dealers, started their business in Old Town of Dhaka during the Pakistan era, they were just a dealer of regional instruments like harmonium, Tablas etc. Industry situation: Although enough growth has taken place in the musical instrument sector but most of it can be attributed to the random brand growth. Similarly Value Added Services have grown but are still a drop in the bucket. Now that the competition has been introduced in the instrument sector some very positive impact have been observed on the growth of the sector in a short span of time which is expected to continue to grow for at least next couple of years. Key Success Factors: †¢ Potentiality of music industry: As the music scenario in Bangladesh is improving and getting the touch of western influence, people are also getting interested in western instruments like electric guitars, drums etc. Emerging brand consciousness: Now days, musicians and artists are being more conscious about the brand. They now prefer brand over cost, as brand represent their image, style and quality. †¢ Globalization: Due to globalization the market in Bangladesh is also getting the attention of the rest of the world. MNC’s from different side of the world also want to access this new market before any of their competitors. So int ernational instruments brands will eagerly enter this market to diversify their risk. †¢ Economic stability: Though being a developing country, economic condition in Bangladesh is now days pretty much stable. So the buying power of Bangladeshi people is also healthy enough for these instrument businesses. Trends: Technological: Technologically Bangladesh is about a couple of years back dated from the developed countries. As a result of that technological advancement in musical instrument is not that significant for last few years. Due to lack of proper knowledge and equipments there is no authorized manufacturing sector for instruments, except those handmade instruments. Political: Politically Bangladesh is a very unstable country. But this specific business has no connection with politics at all. But considering the international DFI or Franchising, political assessment is necessary. Due to political corruptions and instability, Bangladesh is sometimes favorable or unfavorable country for MNCs depending on the situation. Considering the political aspect, this instrument business does not have much to care about. Societal: As this is related with culture and art, societal influence has tremendous impact over our business. Most societies of Bangladesh are conservative and they are attached with traditional Bangladeshi culture. These influence traditional Bangladeshi musical instruments like Harmonium, Tablas etc. But guitars drums are more likely considered as western influence which is sometimes considered as a negative aspect by them. So to certain extent societal factors drive the industry. Assessment of Industry: By considering the five forces of an industry, we can assess our musical instrument industry from five different sides. Bargaining Power of Supplier: In this specific business sector, suppliers have enough power to dominate over instrument dealership business in country like ours. Because of the economic sloth advancement, the suppliers (the brands) do not usually that much care about authorizing dealership in our country. †¢ Also the brands that are more popular in Bangladesh will have a higher demand, any musical store will want to be a licensed dealer of them. †¢ Cost of selecting and switching suppliers is quite high. All these factors determine the supplier’s dominance o ver the industry. Bargaining Power of Buyers: †¢ Presence of a few numbers of stores and dealers. †¢ Cost of buying brand products from abroad is quite high and heavily taxable. These factors determine the buyer’s low power over the industry. Threat of new Entrant: †¢ High opportunity of profitable venture. †¢ The market is not saturated yet. †¢ Low burden of government rules and regulations So, the threats from new entrants are high in this industry. Threats of Substitute: †¢ Substitute products are limited and weak. †¢ Substitute products like other recreational products are not completely substitutable. So, threat of substitute products is quite low even do not exist at all. Rivalry among Competitors: †¢ A very few established stores and dealers are present. Most of the other stores are discrete and unstable, which usually sell those regional instruments like Harmoniums, Tablas. †¢ The cost of production is quite high. †¢ Products are rated at fixed price. †¢ Switching between products is costly. So rivalry among the existing competitors is moderate. It is not extreme because of less switching power of customers and fixed price, and also not much less because of the low number of dealers. Competition Analysis After doing some research we have come with some direct, indirect and also some future competitors of our music store. major ones are identified. 1. Existing huge music stores : In Dhaka city, there are 4-5 huge music stores which are OMNI, World music, Golden music and Music melody. They all have an approximate monthly sale of 10-15 lacs. Among our main competitor OMNI is our main concern. OMNI is the dealer of YAMAHA guitars and Pearl drums, which cost them a huge amount. Their initial investment was 2-3 crore, they business is mainly equity based, they didn’t take any loan because OMNI music store is a part of the huge business group. They reached their break even 4. 5 years. Demand for their music instrument is stable but on some special occasions their sales increase like on valentines day, pahela baishakh, independence day etc. Key success factor are commitment, honesty, right price quality and loyal customer. The other huge music stores mentioned earlier like golden music, music melody, world music whose business share is almost similar. They have a monthly sale of 10-12 lacs. They also bought many different brands that differentiate their music store. Music melody produce some local instruments but in a small scale. [pic] Competitors Position based on Sales 1. Existing small music stores: There are some small competitors in this market. They mainly get their product from the big competitors because investment costs need a huge amount of money to bring instruments. They also sale regionally produced instruments like harmonium, bahala etc. This kind of stores is also our concern because some of them may have the potential to grow as a huge competitor. 2. Future opening of music store: Music appeals everyone in the world. Music industry in Bangladesh is growing at a steady rate. Because now days Nokia, Benson hedges etc are coming up with competition to bring out the talents from our country. This gives even small time musicians grow in confidence to buy some heavy instruments. Also music TV programs in all channels and music schools are establishing in Dhaka this also demand music instruments. So as demand for music instruments are growing, the more there will be openings of music store. Competitive advantage: In order to sustain and expand in this competitive marketplace we will take effective decision and implement them. Our store is providing the product of ESP. We will provide brand uniqueness. Also we will offer some after sale service to our customers who will buy expensive instruments costing more than 50,000tk. We are also providing some different service like: an exchange offer of your instrument with similar instrument but this would not be similar for everyone like we will check the instrument first that decide whether it will be profitable to exchange so that after repairing we can sell it again a good price also sometimes we may require some money with the instrument depending on the product. We will also repair different instruments in our store with a minimum charge of starting tk. 1000. Also we will provide customers with the service of customizing the instruments like color requirements, putting a tattoo or art, band logo on their guitar or other instruments charging differently depending on instrument. These services make our stores different from others. Marketing Plan Pricing Policy: For pricing, we divided our products in two segments. For ESP brand items, we are going to follow cost based pricing policy and for other products, we are going to follow competitor based pricing policy. These pricing strategies will help us sustain in the market, as well as make profit. Cost Based Pricing Policy: In this policy, we would consider all our expenses. These include transportation cost, utility cost, rental cost, promotional cost, storage cost etc. Once we find out all our expenses, we would divide it by the number of instruments kept in our store. This will give us expense per unit. After that, we would add the cost of the instrument itself with the expenses per unit. Then we will add 30% profit margin. An example is shown below: Selling price = Total Cost / ((100-margin) / 100) If Total Cost of a guitar is TK 70,000, then by applying this formula, we get: Selling price = 70, 000 / ((100 – 30) / 100) = TK 100,000 Competitor based pricing policy: This is a method where we will use prices of the competing products as a benchmark instead of considering own costs or the customer demand. This will be applicable for products that my competitors are offering as well. For example guitar accessories, amps, keyboard, piano, drums etc. The reason for selecting this strategy is because it would be really difficult to survive in price wars with my competitors. They have more experience and they are also in this business for a longer time. As a result they have already covered a lot of their investment. This means they can offer products at a lower price than us. Place: Our store will be located in Panthopath, Dhaka. It will be situated near Bashundhara City. Reasons for selecting this place are as follows: -some of my competitors are located here. This means customers will prefer this place, since they have many options. since our store will be outside Bashundhara City, we can operate at a comparatively lower rent. -Panthopath is lucrative place for conducting business. -as there is sufficient transportation facility, people can easily visit our store. -Since there are some jamming pads located near our store, people are likely to pay us a visit. After some years, we are planning to expand our business to some other locations. One of our priorities will be Uttara. This is because looking at the current market scenario, there are no musical stores in Uttara till now. Product: Our main focus is ESP guitars because ESP guitars are unique and are preferred by a lot of the younger generation. They like its exceptional designs. Some of the designs available are X-shaped, V-shaped etc. Besides that, the sound of ESP guitars is good for both riffs and lead guitar. For other guitars, it is tough to match the price of ESP, providing the same quality. Promotion Strategy Our  critical marketing program will be the grand opening, so we will place our initial advertising to give the greatest coverage. Our specific goal for the event is to create a big buzz for the local music community has ever seen regarding a new store. We will target our desired customer base using radio, newspapers, hand leaflet, banners and word of mouth. At present, radio is the easiest way to reach musicians for the simple reason that the love of music is what drives us to become musicians. Newsprint reaches a large portion of the public, letting them see what  we have to  offer before making a trip to the store. Large billboard and banners in different areas and hand leaflets are also very useful way to inform the people about our promotional activities. We will also have regular advertisement in different youth oriented magazines. Another promotional plan is to telecast our advertisements in different area based local cable channels. This is also a useful tool to inform people in economic way. Word of mouth is the one area we really hope to see develop, as a personal endorsement by a customer is worth more to us than what any advertisement can achieve. Distribution: We will follow the following strategies: 1. Direct purchases from manufacturers – generally the best price, but higher minimum orders. 2. Purchases from national distributors – large selections, good prices. 3. Purchases from regional distributors – small selection, average pricing. Management team We believe an efficient management team can increase the productivity of company. And a productive workforce can be an asset for a company and it can provide the company with a competitive advantage over the major players of the industry. We have started this business on the basis of partnership rules and regulation. There are seven partners and we all are the students of North South University. We know each other for a long period of time and we believe with our co operative effort we can make this company a very successful one. As we all are partners of the company and have contributed equally to the initial investment so all of us will be included in the decision making process. But for instant decision making we have prepared an organ gram. |Chairman |M. Riaz Mahmud | |CFO |M. Nahian Morshed | |Board of Directors |M. Faizur Rahman | |Board of Directors |Mustafa Waki Chodhury | |Board of Directors |Mohona Khan | |Board of Directors |M. Shahriar Firoz | |Board of Directors |Rizon Minhazur Rahman | We are hiring 5 sales executives, who will run our store. Our requirement is H. S. C. passed, fluent in English and have basic computer literacy knowledge. We will hire persons who are with good interpersonal skill and can convince the customers easily to buy instrument and behave well with the customer so that they remain loyal and happy with our service. Delivering Process Our business is an import oriented business. So, we’ll have to wholly depend on shipping for the delivery process and also container trucks will also be involved to deliver the instruments as the port is situated in Chittagong and we’ll have to transport the items to Dhaka. Customers will have the responsibility to transport their bought product to their favored destination. For payment to the parent company we will follow the Letter Of Credit (LC) system. In this system, we will get affiliated with an international bank which have subsidiary in Bangladesh. The international bank will have to be selected as the parent company might have trust issues and the international renowned bank will help us gain reliability. As soon as we receive the products, we will issue an LC. As our chosen company ESP is an established brand worldwide, they will take responsibility for the shipments. We had to get a license of ESP to get their permission of selling their product. The licensing took a great toll of our investment as we had to pay BDT. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ to ESP. According to the license, we need to achieve some requirements which are their benchmarks. †¢ We had to show projected sales and their requirement was to achieve an average of BDT. 50 lakh mark yearly within 5 years. †¢ We had to show them our work on balance sheet, income statement and break even analysis as they were looking into our business’ feasibility. †¢ Also they checked the location of the store to find out if enough demand will be generated from the â€Å"place† factor of four P’s. We reached an agreement that we will to train our servicing employees according to their training methods to create the same environment and to comply with their customer service. †¢ We also had to show them an overview of the demand of their brand ESP in Bangladesh. Financial Projections Income Statement Our income statement is initiated with finding out the sales of first month and it is utterly based on our surveys. We first found out the total market value in terms of BDT. We went through our surveys and found out the competitors’ yearly sales and the total represents the presumable market size. As we are in the initiation stage we are assuming to get a hold of no more than three percent (3%) of the market size. We did a sales forecast for every month. For starters, we assumed a growth rate of 0. 5 percent for the first three months which gradually increased to 1 percent and later we ended the first year with a growth rate of 2% in the last three months. The increasing growth rate will be as a consequence of our extensive marketing policies. The first year’s growth rate being only 12. 65% percent, we had to incur losses in every month. The econd year, the yearly growth rate we have assumed will be 12. 68% owing to the steady growth rate every month. And third year we expect a growth rate of 16% approximately. For our cost of goods sold, we presumed forty percent (40%) of our sales and we counted our sales discount to be 2. 5%. Another variable cost is sales commission of one percent (1%) of sales which is categorized as selling expenses. Fixed costs include both selli ng and administrative expenses. Selling expenses include store salaries of BDT. 20,000 per month, rent of BDT. 50,000 per month, advertising expenses of BDT. 5,000 per month, utility of BDT. 5,000 per month and depreciation expenses of BDT. 250 per month. The administrative fixed costs consist of salaries which is monthly BDT. 10,000, utility monthly 2,000, insurance monthly BDT. 2,000 and depreciation expenses of BDT. 200 per month. We expect to reach the break even in 6. 62 years and we have shown income statements for 10 years just for getting an idea of the net income in following years. Sensitivity: We have shown sensitivity analysis changing the sales revenue by five percent in both directions. For worst case scenario with 5% downfall in sales, our net loss in first year will rise by more than BDT. 70,000. In the most likely case, we also incur a loss of BDT. 105,000 approximately and best case scenarios with 5% sales increment, net profit will be almost BDT. 33,000. For 2nd year, most likely case scenario will produce a profit of BDT. 342,566 and worst case scenario will produce profit of BDT. 155,858. But, the best case scenario will generate less net income than most likely case because of tax rules. The 3rd year most likely case will see us earn a net income of BDT. 04,398. We have also assumed the worst case and best cases and if that happens we will have net income of BDT 508,314 and BDT 700,483 respectively. Cash-Flow Statement Cash flow statement is the way of constructing the cash inflows and outflows according to type of activities such as operating, investing and financing activities. It gives us the idea about if the company will be profitable over the years by generating sufficient cash and if it will be able to pay off its debt. We have done cash flow statements for 8 years and those will be included in the appendices. For our cash flows, we followed direct method starting with the operating activities which includes inflow from sales revenue and outflows from different expenses like cash paid to suppliers, salaries expenses, rent expenses, sales commission, advertising expenses etc. in investing activities, outflows includes BDT. 10,000,000 of purchasing of assets, other investment of BDT. 1,000,000 and purchasing of contract of rent BDT. 1,000,000 and there are no inflows. Financing activities has inflows form loan and owners investment worth BDT. 8,000,000 and BDT. 7,000,000 respectively. Cash outflows from financing includes loan payment of BDT. 171,438 per month. The payment of installment continues till year 7 when we paid off our debt. Our total cash flow will be negative till year 4, first quarter and since then its uprising. But we maintained a cash balance from the beginning generated from loan which will see us through these periods. From first year, our cash balance is reduced to BDT. 2,004,607 from BDT. 2,910,411 which is the starting balance of the first month. Second year it is reduce to BDT. 1,398,301 and by the end of year three the cash balance will be BDT. 20,853. Sensitivity: The sensitivity analysis of every year attached to appendices will show how much the expected cash flows can differ when we consider worst possible and best possible cases. The first year’s best case is likely to reduce the outflows by about BDT. 120,000 but the worst scenario will increase outflows by about BDT. 117,000. the second and third years’ sensitivity anal ysis shows the same effect reducing or increasing the cash outflows in best and worst cases respectively. Balance Sheet Our balance sheet shows how much the venture capitalist can depend on our business. In the balance sheet we tried to figure out the total asset each year as the first objective of a business is to maximize the value of its assets. We also showed if the assets matched the liabilities. Our total assets included cash, inventories, receivables, other current assets categorized as current assets and long term assets consists of non current assets, accumulated depreciation etc. Current liabilities are payables, short term debt and others while non current liabilities are long term debt and others and these two makes up the liabilities part. Equity has only common equity invested by the owners. For most of these items, we tried to maintain a specific percentage of sales such as for inventories, we maintained 20. 69% of sales, 40. 14% of sales as short term debt etc because we know these items are vulnerable to the change of sales and move in the same direction. Our first year’s total assets are BDT. 17,350,008 while the next two years it went down to BDT. 16,912,962 and BDT. 16,623,039. This can be associated with the increment in negative cash flows or increase in outflows. But it’s uprising from then as we expect it to rise as high as BDT. 5,481,609 in eight years. A significant change occurs in year seven as we reach break even; our total assets rises from about 20 million to above 24. 5 million. This is because of the rise in cash balance that year after recuperating the total investment. Sensitivity: By changing the sales by 5% positively and negatively, we found out the best and worst case scenarios which can contribute to the change of our total assets. Again, as we are looking to maximize the value of our assets, we have to be conscious about what the best and worst situations can do to our business. For the first two years, the worst case scenario doesn’t do much damage as the reductions in total assets are by about BDT. 50,000 from the most likely scenarios; BDT. 17,292,408 in first year and BDT. 16,846,620 in second year. While the best case scenarios in the first two years see our total assets to rise to BDT. 17,407,482 and BDT. 16,979,158. The third year the change about BDT. 75,000 in both cases as the best case scenario puts our total assets to BDT. 16,698,871 and the worst case to BDT. 16,547,041. For al these time, the increases and decreases in total assets are backed by the retained earnings portion of owner’s equity. Breakeven: |Pay Back | | | | | | | |Initial Investment | -15,000,000. 00 | | |Year 1 | 1,061,866. 91 | -13,938,133. 09 | |Year 2 | 1,450,954. 8 | -12,487,178. 20 | |Year 3 | 1,739,046. 20 | -10,748,132. 00 | |Year 4 | 2,119,043. 11 | -8,629,088. 89 | |Year 5 | 2,667,444. 37 | -5,961,644. 52 | |Year 6 | 3,328,314. 32 | -2,633,330. 20 | |Year 7 | 4,203,767. 76 | ,570,437. 55 | |Year 8 | 4,366,613. 47 | 5,937,051. 02 | | | | | | | 11,517. 17 | | | |228. 6438216 | | | |0. 26421429 | | |Pay back in years |6. 626421429 | | Exit Strategy: Our ongoing business is Musical instrument dealership. Our exit strategy is a mixture of liquidation and our own strategy. First we will liquidate some percentage of our assets. We are planning to sell those underperforming assets at a lower price and we will also invest some additional capital to establish a diversified service line. This will be actually a recording studio as we are planning to seize the opportunity created by lack of recording studio in Bangladesh. We are planning to open a recording studio which will contribute to the uprising music scenario in Bangladesh. Due to lack of quality music studios, we believe our exit plan from musical instrument dealership to recording studio will shift our position from decay to a growing stage in company life cycle. It will be our long term plan because we do not want to loose the face value of the product. Initial Investment: Rent (4 months)= Tk. 200,000 Equipments (Estimated Average per unit) Electric Guitar(5*30,000) |150,000 | |Bass Guitar(5*30,000) |150,000 | |Acoustic Guitar(20*3000) |60,000 | |Piano(2*100,000) |200,000 | |Keyboard(10*20,000) |200,000 | |Drums(5*30,000) |150,000 | |Mixer(3*50,000) |150,000 | |Microphone(5*10,000) 50,000 | |Processor(5*20,000) |100,000 | |Accessories(Strings, Cables, Tuners etc) |90,0000 | |Other Equipments |100, 000 | |Total |1,400,000 | Estimated Initial Marketing Cost=300,000 Furniture=100,000 Reserve For Cash Requirements=3,000,000 Dealership Cost=10,000,000 Total Initial Investment=15,000,000 Conclusion We have worked on this business plan for the last three months and gathered all the related information about the music industry. After analyzing all the data we have came up with the idea investing in this business can be really challenging but profitable. If we can survive through the initial trouble we can diversify our business by investing in different regions of Bangladesh. In the era of communication people are very fond of the creative ideas and we believe our business is creative and unique enough to attract the potential customers. Reference: www. google. com www. yahoo. com acct. tamu. edu/smith/acctwebs. htm Haque, Akkas Ashif (2008) ‘Three taxes of Bangladesh’ How to cite Starting a Business: Musical Instrument Dealership, Papers