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Sunday, October 6, 2019

The Legal Perspective based on the film inside job Essay

The Legal Perspective based on the film inside job - Essay Example One legal aspect that was clearly brought out in the movie is the issue of fiduciary duty. Fiduciary duty is a legal obligation that one party, in this case, referred to as the fiduciary, act solely on another party’s called, the principal, interests. In the Inside Job, the representatives of Goldman Sachs violated this fiduciary duty by selling collateralized debt obligations (CDOs) that were of doubted quality to their clients (Ferguson and Beck, 2010). The selling of these collateralized debt obligations to client meant that the financial institutions dealing with them was transferring the repayment risks to investors and other clients who purchased them. According to Ferguson and Beck (2010), the financial institutions dealing with these collateral debts obligations won’t be affected in case the collateral debts obligation market collapsed. The borrowers’ credit worthiness did not mean a thing to the financial institutions that lend out collateral debt obligations. Since the investment banks knew of the impending risks in dealing with the collateral debt obligations, they had to part with hundreds of millions to credit rating firms such as Fitch, Moody’s and S&P in order for them to give the credits triple-A credit ratings. However, these rating firms when confronted about their rating, they said that those were only opinions and no one was to rely on them. From these strategies of selling risky collateral debt obligations during the financial downturn, some financial institutions ended up gaining and making millions from these situations. These include the Morgan Stanley and the Goldman Sachs. Fiduciary duties from the above issues in the Inside Job have been breached. The fiduciary duties involve different elements. These include first acting in utmost good faith. The second element is to put the client’s interests first in all actions. The next element was to put all material and

Friday, October 4, 2019

Engine performance and Efficiensy Coursework Example | Topics and Well Written Essays - 1250 words

Engine performance and Efficiensy - Coursework Example Momentum drag is the negative thrust (force) opposing the jet thrust or motion through air, it is also referred to as the ram drag. It is a product of the incoming air (flow rate) and the velocity via which it is fed to the jet engine. It is normally denoted as Ti or To. Mathematically, it is the difference between the gross and net thrust (Momentum drag = Gross thrust – Net thrust) (Farokhi 290). It is computed as (Gunston 187): Momentum drag is the opposition the aircraft experiences as it surges through the air. to the engine, it may be referred to as the ‘friction’ experienced by the engine as it propels the aircraft forwards. Net thrust is the resultant aerodynamic force that causes propulsion of an aircraft in air, which is represented by the summation nozzle thrust and momentum of motion. It is a result of the propulsion system, engine, overcoming momentum drag. It is thus the difference between the gross thrust and the momentum drag on the engine of an aircraft (Net thrust = Gross thrust – Maximum drag) (El-Sayed 125). It is usually denoted by T and is calculated as follows: The aircraft thrust is influenced by the airflow into the engine. A change in the rate of airflow triggers a resultant thrust alteration. In the case of net thrust, the increase in the aircrafts speed results to an increase for air fed into the engine, resulting to a higher output (Cumpsty 193). With static thrust, the environmental factors tend to determine the ability of the craft to engage in motion. With static thrust, the air speed is kept constant and is not affected by the crafts motion thus differing from the net thrust. b) Calculate the net thrust of a turbo jet flying at 150 M/S with an air mass flow of 50 Kg/S and a jet stream velocity of 300 M/S with a chocked nozzle. The residual gas pressure in the jet stream is 45 KPa gauge, the nozzle area is 0.2M2. It is evident from the derived

Thursday, October 3, 2019

Police Ethics Essay Example for Free

Police Ethics Essay All professions operate within a certain broad framework of code of ethics. These are rules that govern the conduct of a particular group of professionals, the conduct amongst themselves and most importantly with the rest of the society. Some of these codes of ethics may be legally enforceable and their violation may lead to criminal proceedings instituted against the violator. Contravening of the code of ethics may also lead to an individual’s name being struck off the professionals’ list like in the case of auditors, engineers and accountants amongst others.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The police force has its own distinct code of ethics both implied and express. It is these ethics that regulate the conduct of all law enforcement officers in their day to day running of their duties. These ethics may be unique to one state or universal as they are a product of social and political environment. The United Nations has its own framework of ethics within which the police or law enforcement officers are supposed to operate. These are ethics that have been fine tuned and can be universally applied (United Nations, 1989).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Police is a broad term used to denote all officers mandated to enforce the law, officers that can make arrests as well as detain a suspect.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   It is agreeable that police officers are charged with the delicate duty of maintaining law and order. In the course of maintaining such order, they are bound to come across various challenges and impediments that may make them compromise their legal duties. Police exist in an environment filled with suspicion and hostility and with the powers they possess; they are likely to intimidate the rest of the citizens. They also have discretionary powers as it is not possible to spell out and dictate in the law how a certain issue is to be handled. They are expected to make split decision over who is innocent and who needs to be questioned (Hirst, M.J., 1990).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   To carry out these duties, they are governed by professional ethics that guide them when carrying out their duties. In the process of carrying out these duties, police officers are expected to uphold and protect the human rights of the civilians and suspects. This is in conformity to both the national and international law. Their duty is to safeguard the interests of the public and assist public officials in the execution of their duties. These duties and responsibilities should be carried out in line with the laid procedures. Objectivity and fairness are two key ideals that should be upheld and personal interests should not conflict the efficiency in carrying out of such responsibilities.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Key to police ethics is the issue of discrimination. Police officers and other law enforcement officers are expected to carry out their duties indiscriminately. They are guided by the law and it should not be applied selectively. Gender, race, social and political status, creed or ethnic background should not be used as a basis to accord somebody harsh or preferential treatment. Almost all professions are expected to uphold confidentiality in their interactions with the public. Police officers too are not expected to reveal private details not unless it has been established that publicizing such details will help in the line of duty, for example in apprehending a suspect. The procedures and operations of the police officers should remain within the forces precincts as the release of such information can lead to jeopardizing of important missions. Every police officer is hence bound to confidentiality. No data regarding the police should be released to another party without proper authorization (Miller, S. et al, 1997.)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Police officers are expected to use reasonable force in carrying out their duties. This however does not extend to malicious damage to property, unwarranted harassment of the pubic and any other measures that are not within the precincts of what is unavoidable in the line of duty. The force applied should not go beyond what is necessary and reasonable in carrying out such kind of an activity. The police ethics are against the subjection of suspected criminals to brutality that is outside the stipulations of the law.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Hierarchy in the police force is legally and ethically emphasized. Orders and commands in the force always take downward route. As long as the orders given are lawful and do not contravene the ethics, an officer is under obligation carry them out. The superiors on the other hand are expected to have full responsibility of the actions of their juniors in regard to the instruction that they have issued. Codes of ethics also do not allow police officers to accept gifts that are attached to their work, in case of such an offer; they are expected to notify their superiors.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   It is also against police ethics for officers to carry out investigations into issues that they have personal connections with unless such involvement is not likely to have a bearing on the investigations.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Objectivity is to be upheld at all times. As far as suspects are concerned, police ethics require the officers to treat suspects humanely in the knowledge that they are innocent until proven guilty. There should also be enough grounds to necessitate the arrests of such suspects (Bracey, D.H, 1992).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Like in any other profession, personal feelings and prejudices are bound to get into the way of efficiency and professionalism. Law enforcement officers sometimes find themselves in ethical dilemmas.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There are four classifications of dilemmas; among these discretion and loyalty are the most common. Police are allowed discretionary authority in their line of duty. These are powers to choose the most appropriate decision to make in a specific case. This is where personal intuition comes at play and in many cases lead to selective application of the law. A policeman is supposed to chose who to charge with a certain crime and who to leave. In making such a decision, personal preferences and prejudices may impede on the process of making of the right judgment as required by law. This is a very common dilemma (Blalock, J., 1992.).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Blacks and Hispanic community have been complaining of harassment by the police. The crime rates in the United States are that these two communities have a high prevalence rate in crime, with such a notion in the back of a policeman mind; an officer is bound to have a clouded judgment in his view of any person from these communities. With his or her discretionary authority, a police officer is more likely to arrest a black in the midst of whites in case of a fracas more than he would to a white who is amongst blacks.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Personal interests are also likely to stand in the way of executing proper judgments. This is complicated by the temptation to take bribes. It is against police ethics and also against the law for police officers to solicit or accept a bribe. References Hirst, M.J., 1990. Setting the Standards for Policing: Meeting Community Expectations, London, Association of Chief Police Officers. United Nations, 1989. United Nations Code of Conduct for Law Enforcement Officials, New York Miller, Seumas, Blackler, John, Alexandra, Andrew, 1997. Police Ethics, Sydney: Allen Unwin.. Blalock, J., 1992. Mismanagement and Corruption. Police Studies 15(4). Bracey, D.H, 1992. Police Corruption and Community Relations: Community Policing. Police Studies 15(4).

The History Of Harley Davidson Marketing Essay

The History Of Harley Davidson Marketing Essay Harley-Davidson  (formerly HD), often shortened  H-D  or  Harley, is an American  motorcycle maker. Founded in  Milwaukee, Wisconsin, during the first decade of the 20th century, it was one of two major American motorcycle manufacturers to survive the  Great Depression.   The company sells heavyweight (over 750cc) motorcycles designed for cruise on the  highway. Harley-Davidson is a reliable brand name  which keeps active events,functions a museum. Harley-Davidson logo accounts for almost 5% of the brand companys net revenue. In 1901,Mr.  William S. Harley, was the founder of this plans for a small engine with a design of 7.07  cubic inches (116 cc) and four-inch (102  mm) flywheels.The prototype of the new loop-frame Harley-Davidson was assembled in a 10  ÃƒÆ'-  15  ft (3.0  ÃƒÆ'-  4.6  m) shed in the Davidson family backyard. Most of the major parts, however, were made elsewhere, including some probably made-up at the West Milwaukee rail shops where oldest brother William A. Davidson was then  tool room  foreman. In 1906, Harley and the Davidson brothers built their first factory in Chestnut Street. still this location name Harley-Davidsons corporate headquarters  today. Harley davidson first manufacturing plant was a 40  ÃƒÆ'-  60  ft (12  ÃƒÆ'-  18  m) single-story wooden construction. this plant was produced aprox 50 motorcycles that year. In 1907, William S. Harley graduated from the  University of Wisconsin-Madison  with a degree of  mechanical engineering and the same year additional factory expansion came with a second floor and later with facings and editing of Milwaukee pale yellow brick. With the new services and stuff production increased to 150 motorcycles in 1907.They also began selling their motorcycles to police departments to others departments around this time, a market that always been important to them ever since. Harley davidson which was produced in 1905 n 1906 they all were in single cylinder with 26.84 cubic inches ( 440cc ) engines.in feb 1907 they manufactured V-Twin engine with 45 degrees and was displayed at the chicago Automobile showroom. between 1907 n 1910 a very few v twin model were built as well as shown and advertised.Harley davidson first V-Twins model displaced in 1907 and 1910 was 53.68  cubic inches (880 cc) and produced about 7  horsepower (5.2 kW). This gave about double the power of the first singles. Top speed was about 60  mph (100 km/h). and the company Production jumped from 450 motorcycles in 1908 to 1,149 machines in 1909. In 1911,some 150 motorcycles company had already been built in united stated so harley davidson improved V-Twin model was introduced for the market. The new V Twin engine had advance operated intake valves, as opposed to the automatic intake valves used on previous V-Twins that opened by engine vacuum. having displacement of 49.48  cubic inches (811 cc), the 1911 V-Twin was smaller than earlier twins, but gave better performance and good result. After 1913 the majority of bikes produced by Harley-Davidson would be V-Twin models. By 1913, Harley davidson improved there market so they demolished and constructed the yellow brick on the site a new 5-story structure of resistant concrete and red brick had been built for the new site.In spite of the competition with other brands, Harley-Davidson was the one who already pulling ahead of  Indians  and would dominate motorcycle racing after 1914. the manufactured that year swelled to 16,284 machines. Golden time period for the Harley-Davidson was in the 1920 become the largest motorcycle manufacturer in the world. and the dealer of the HD motorcycles were sold by dealers in 67 countries. Production was about nearly 28,189 machines. In 1921,Otto Walker who riddent harley davidson, he was the first motorcycle ridder ever to win a race at an average speed of over 100  mph (160 km/h). During the 1920s, several changing put in place for the race, such as a new 74 cubic inch (1200 cc) V-Twin, introduced in 1922, and as well the Teardrop gas tank in 1925. A front brake was added in 1928. In the late summer of 1929, Harley-Davidson introduced V twin flathead with 45  cubic inches (737 cc) to compete with the Indian 101 Scout  and the  Excelsior Super X.  This was belong to D model, produced from 1929 to 1931.  Riders of Indian motorcycles irreverently referred to this model as the three canister Harley because the generator was upright and parallel to the front cylinder.  The 2.745  in (69.7 mm) bore and 3.8125  in (96.8 mm) stroke would continue in most versions of the 750 engine; exceptions include the XA and the XR750. (Ref. by Harley-Davidson eNotes.com Reference ). The Great Depression After the introduction of their 45 cubic inch model  Great Depression  began a few months. Harley-Davidsons sales plummeted from 21,000 in 1929 to 3,703 in 1933. Despite those dismal numbers, Harley-Davidson proudly unveiled its lineup for 1934, which included a Art Deco Styling with flatthead. In order to survive the remainder of the Depression, the brand company manufactured industrial powerplants based on their motorcycle engines for the best output. They also designed and built a three-wheeled delivery vehicle called the  Servi-Car, which was based in production until 1973. Claims of stock Price Manipulation In late 1990s the golden time periods of the harley davidson was on the peak demand and early first decade of the 21st century, Harley-Davidson took a look on a program of expanding their dealerships throughout the 67 countries. At the mean time, its present dealers had waiting for the lists that extended up to a year for some of the most popular models. Harley-Davidson, like the auto manufacturers or the producers,they records the sale when it is deliverd to the dealer not when a consumer buys their product. Therefore, it is quite possible for the manufacturer to inflate sales numbers by requiring dealers to accept more inventory than desired in a practice called channel filling.This news led to a dramatic decline in the stock price when demad softened following the unique 2003 model year. Financial crisis In 2009 According to  Interbrand, the value of the Harley-Davidson fell by 43% to $4.34 billion. the company profits droped in 2009 in two quarters and which fall in value is believed to be connected to the 66% .  On April 29, 2010, Harley-Davidson explore alternate u.s site to achieve that they must cut the amount of $54million in modern cost from the production. The statement came in the wake of a massive company-wide reformation, which began in early 2009 and involved the closing of two factories, one distribution center, and the planned removal of nearly 25% of its total workforce (around 3,500 employees). (Ref by ridley choppers vs harley davidson Google Search) Softail Harleys strong value of tradition was based on these big-twin motorcycles. With the rear-wheel suspension hidden under the transmission, they are visually similar to the hardtail  choppers  popular in the 1960s and 1970s, as well as from their own earlier history. Harley davidson kept the tradition and made few amendments like, they offerd Softail models with Springer front ends and Heritage styling that integrate design cues from throughout their history. Dyna Dyna motorcycles feature age -old styling and big-twin engines. They can be distinguished from the Softail by the traditional coil-over delay that bonds the swingarm to the frame and from the Sportster by their larger engines. On these models, the program also houses the engines oil tank. In 2006, Harley-Davidson introduced their five best Dyna models: Super Glide, Super Glide Custom, Street Bob, Low Rider, and Wide Glide. In 2008, the Dyna Fat Bob was introduced the unique Dyna line-up featuring violent styling, featuring a new 2-1-2 tire out, having twin headlamps, a 180  mm rear tire and a 130  mm front exhaust. The Dyna family uses the 88 cubic inch twin cam from 99-06. From 2007-and on the dislodgment was increased to 96 cubic inches. This was the result of the factory increasing the hit to 4 3/8 inches. Sportster In 1957, the Sportster is the longest-running model family in the Harley-Davidson brand. They were prepared as racing motorcycles, and were popular on dirt and flat-track race courses through the 1960s and 1970s. Smaller and lighter than the older Harley models, contemporary Sportsters make use of 883  cc or 1,200  cc Evolution engines and though often modified, remain similar in appearance to their racing ancestors. In 2003 model year, the engine on the Sportster was rigidly attached to the frame. The 2004 Sportster taken a new frame featuring a rubber-mounted engine. Due to these ammendments these bike become heavier and reduced the available lean angle, it decreased the amount of vibration transmitted to the frame and the rider.  Just because of the rubber mounted engine it provides a significantly smoother ride for rider and passenger, for the longer trips. In the year 2007 , Harley-Davidson celebrated its 50th anniversary of the Sportster and introduced a limited edition called XL50, of which only 2000 were distributed for sale purpose among the dealers. Each motorcycle was individually camed in one of two colors, Mirage Pearl Orange or Vivid Black. In 2007, a new category having electronic fuel injection was introduced to the Sportster , and the Nightster model was introduced in mid-year. In 2009, Harley-Davidson added the Iron 883 to the Sportster line, the newest in the Dark Custom series. Environmental record According to the  Environmental Protection Agency  conducted emissions-certification and representative emissions test in Ann Arbor, Michigan, in 2005. Harley-Davidson produced an environmental warranty. The warranty ensures each owner that the vehicle is structured and built free of any defects in materials and workmanship that would cause the vehicle to not meet EPA standards.  In 2005, the EPA and the  Pennsylvania Department of Environmental Protection(PADEP) confirmed Harley-Davidson to be the first corporation to willingly enroll in the  One Clean-Up Program. This program is structured for the clean-up of the affected soil and groundwater at the former York Naval Ordnance Plant. The program is backed by the state and local government along with participating organizations and corporations. Harley-Davidson culture Harley-Davidson motorcycles have long been associated with the sub-cultures of the: Biker Motorcycle club Outlaw motorcycle clubs, bikers, one per centers Origin of Hog nickname In 1920, a team of farm boys, including  Ray Weishaar, who became known as the hog boys, continuously won races. The group had a live  hog  as their mascot. The HOG BOYS made the Harley towin the races and make a victory lap.  In 1983, the Motor Company introduced a club for owners of its product taking advantage of the long-standing nickname by turning hog into the acronym HOG., for Harley Owners Group. Harley-Davidson attempted to  trademark  hog, but lost a case against an independent Harley-Davidson organisation, The Hog Farm of West Seneca, NY,  in 1999 when the  appellate panel  ruled that hog had become a  generic term  for large motorcycles and was therefore unprotect able as a trademark. On August 15, 2006, Harley-Davidson Inc. had its NYSE ticker symbol changed from HDI to HOG. COMPETITORS OF HARLEY DAVIDSON American Iron Horse Choppers A new firm has been introduced in the market i.e. American Iron Horse Choppers. They have a custom bike shop that dealt with various brands of choppers. They are a dealer for APC, Ironworks,  Iron Horse, and Swift. They also do repairs on other brands. There are a couple of Big Dog choppers along with many  Iron Horse bikes. Out of all the bikes we worked with I consider Iron Horse and Big Dog to be some of the best out there nevertheless they are not better than Harley Davidson. I loved dealing with Iron Horse as they really provide a lot of proper maintenance documentation. One thing that I think is the biggest problem with custom choppers is the wiring. Iron Horse went the extra mile and in my opinion did a great job making  proper wiring harnesses for their bikes. If a bike came out of the crate with any chrome or paint issues they were real quick to send new parts to correct the problem.   Big Dog also does a good job as far as warranty stuff and they have designed a new primary set-up that allows you to replace the starter without having to take the primary apart. IIRC both bikes run SS engines. They make some really good material and usually dont give much problems.   As far as aftermarket parts both bikes use standard Softail forward control mounts so just about any aftermarket Softail forward control setup will fit. The tripple trees are also standard Harley stuff so any handlebar setup will fit. They look great but to me they are not fun. I like bikes that you can lean in to a corner with. But the super wide tires on the choppers will just laugh at you if you try to take a corner faster then a car. Theyre great in a straight line but I hated making turns with them as it didnt take much before you were scraping the street with a part of the bike. So I cant help you much in that category. (Ref. by American IronHorse vs. Big Dog (Choppers only) Yahoo! Answers) West Coast Choppers West Coast Choppers motorcycles are known as  old school.  WCC bikes have been known as more exposed down when contrasted with decades-long established chopper builders like  Arlen Ness, that is, a bike having, not much there but engine, what the law requires, and something to hold on.  In spite of this information, a WCC product is the use of  9 mm  and  .44 Magnum  shell casings  as purely non-functional art, adorning the fuel or oil filler caps or top of the motorcycles handlebar risers. The presence of this 20th Century gun ammunition is intended to evoke Jesse G. James distant ancestor,  old west  outlaw  and  fighter Jesse James.  A tough brand tie between the chopper-riding biker and old west outlaws is a mainstay of biker culture, established by the biker worlds Norman Rockwell,  and its painter  David Mann. The bikers cross logo, a version of the  Iron Cross  or the  Maltese Cross, is also typical of a WCC bike, though that symbol is nea rly everywhere in Kustom Kulture  in any case. The old firm label of WCC bike labels fits loosely as well, moreover in recent years as WCC has moved away from the traditional  Harley-Davidson  chopper, seen by James as too ordinary, and enhanced the style to grooms its look. Specific ammendments include  Lambretta  scooters,  Honda 305 Scramblers, and  Schwinn Black Phantombicycles. Labels used by West Coast Choppers have been designed to make it professional look firm Atkins Parker Creative, who carefully observed the colours and motifs dear to old firm bikers, such as Vietnam war squadron patches. This is crafted to remanufactured for mass consumption the odd, imperfect shapes of old hand-painted bike art in order to gratify the customers keen sense of authenticity. (Ref by american iron horse choppers Google Search ) SWOT Analysis of Harley-Davidson This case is an analysis of the strengths, weaknesses, opportunities and threats for Harley-Davidson. Name recognition Harley-Davidson is possibly the most recognizable name in the motorcycle industry, anywhere in the world. This is possibly because of the typical, rough crash (sounds like potato-potato-potato) which made its bikes famous. Or perhaps its because the name Harley-Davidson is the core of the motorcycle industry, and the Harley-Davidson is the motorcycle that almost every rider aspires to own. Whatever the case, HDI enjoys brand name acknowledgment that other companies strive to obtain, yet fail to achieve. History Harley-Davidson has a long history, beginning in 1909, with the introduction of the V-Twin engine. Harley-Davidson motorcycles were in high demand during World War I, and HDI was one of only two motorcycle companies to survive the Great Depression of the 1930s. The military used Harleys during WWII, and law enforcement agencies around the country either have used or are currently using Harley-Davidson motorcycles as a tool for their Police Officers, Sheriffs Deputies and Highway Patrol Troopers enforce the laws of this great nation. Today most of the youngsters have a passion to buy and keep Harleys as an antique. These bikes have grown in popularity around the globe because of their reliability and durability. World Wrestling Entertainment Super Star Undertaker also used to enter the wrestling arena on a Harley Davidson bike. Harley-Davidson Performance Analysis There are many ways to test the output of the company, some more famous than others. According to Barney text ,the accounting method is the most useful and famous way of measuring a firms output (Barney, 2002). Some of the reasons for the popularity could include the fact that accounting measures of output are publicly their on many firms and they can make a great deal of material related to the firms operations. Other methods of the frims output analysis consist of firm survival and the multiple stakeholder approach.   The first method we will check is the accounting method. Through this accounting method we will take a look on specific ratios and their possible impact on the companys output. The specific ratios we will analyse contains the return on total assets, return on equity, gross profit margin, earnings per share, price earnings ratio, debt to assets, debt to equity, accounts receivable turnover, total asset turnover, fixed asset turnover, and average collection period. I will explain each ratio in complete detail, and why I have included it in this check, when I give the results of each specific ratio calculation. The return on total assets is an overall measure of prosperity which measures the total success of management in generating profits according to its ratios. This ratio shows the amount of net income generated by each dollar invested in these assets. The higher the firm returns on total assets, the better. The return on total assets of Harley davidson was 14.04% for 2001, 14.27% for 2000. These percentages are up and shows an upward trend, this shows strong output in this area for the previous two years.   Return on equity (ROE) showsthe profitability from the stockholders perspective. The ROE is a step to check the return earned on the common stockholders investment in the firm. Generally, the higher this return, the better off the stockholders are. Harley Davidsons return on Harley Davidson Case Analysis In 2007, Harley Davidson was the worlds most profitable motorcycle company.    They had just released great earnings and committed to achieve earnings per share growth of 11-17% for each of the next three years.    Their CEO of 37 years, James Ziemer, knew this would be an extremely difficult task seeing Harleys domestic market share recently top off at just under 50%.    The domestic market was where Harleys achieved the most growth over the past 20 years and with it leveling off, where was Harley going to get the 11-17% was the million dollar question. Harley Davidson has built a brand that is more than just the spread eagle on a load rumbling motorcycle, but for those who purchase a Harley they are purchasing a lifestyle, an experience, or piece of American culture if you will.    Due to this differentiating factor Harley has been able to charge a premium for its products and still be successful against its lower priced competition.    Harley built upon this lifestyle when it created the Harley Owners Group (HOG).    Harley would promote shows, rallies and rides through HOG in the US and even in other countries. This helped to build its coveted image into more of an exclusive club.          In the 1990s, Harley Davidson saw tremendous growth and looked for resolutions to its one problem of balancing production with its soaring demand.    In 1996, Harley announced Plan 2003.    Plan 2003 was a huge undertaking to increase its production capacity, introduce several new models and increase international expansion.    At the end of this planned expansionary period, Harleys sales had grown tenfold over just 23 years.    However in 2007, domestic demand was starting to slip, as several economical factors weighed on the American consumer, making it more difficult to buy luxury products. In 2007, Harley Davidson finds itself in a battle with heavyweight contenders with deep pockets and a lot of engineering resources.    Harley lacks the Harley Davidson Strategic Analysis William Harley and Arthur Davidson wanted to take a look of riding bicycles in 1901.    After joining of the Arthur brothers, Walter and William in their firm, they came up with the new idea of making a motor and a bicycle together.    Many engine ammendments were made before the satsfaction of the builders.    In 1903, they manufactured the first Harley-Davidson motorcycle and they produced three that year.    Harley built its first building in 1907 on Juneau Avenue in Milwaukee.    That same year, they manufactured 150 motorcycles.    As they were used for rebuilt purposes, they were also came in the useage of military .    They fullfill the military useage in border skirmishes and the government called for 20,000 bikes to be shipped overseas.    During the war, other companies also tried to challenge the market of Harley, but Harley remained the largest.    The depression had an unfavorable effect on Harley as it did with most firms, but they overcome on that iss ue and the crisis and celebrated its fiftieth year in 1953 as the sole survivor in the bikes industry.   Harley attract public in 1965, but was bought by thirteen heavy Harley-Davidson executives in 1981.    It was returned to public useage in 1986 by calling two million shares of common stock.    It was accepted by the New York Stock exchange in 1987 and has been there ever since. 2. A firm with the history of Harley-Davidson has few defects and threats, but a SWOT analysis can help them turn them into favorable conditions and strengths. Strengths- Customer satisfaction is the first strength of Harleys business.    Once a person bought a Harley, it seems as they trapped in the entire Harley business.    Once they bought a Harley, they usually never buy another brand of motorcycle. Once a person purchases a bike, the jacket, bandanas, etc. become a must.    Opportunity for Harley is that the economy is at a place where people will go out and buys a motorcycle for recreational purposes.    (Ref by Harley-Davidson eNotes.com Reference).

Wednesday, October 2, 2019

Frankenstein: Victor :: essays research papers

Frankenstein: Victor   Ã‚  Ã‚  Ã‚  Ã‚  Victor Frankenstein has always been fascinated by nature. By the time he was in his late teens he was at a school of science. This school sparked his obsession with recreating human life. This was not an easy task because of the minuteness of the organs, etc, which forced him to design an oversized human, about eight feet tall. After many unhealthy months of labor, he finally achieved his goal. The hideous creature sat up and grinned at Victor. Victor fled immediately. When he returned to his chamber he was happy to not find the monster. Two years passed and he got a letter from his father telling him his youngest brother, William, had been murdered. He began his miserable trip back home. On the way home he saw a giant beast running from a barn. He realized this was his creation and he was the murderer. An innocent woman (framed by the Monster) and a great friend of Elizabeth (Victor's cousin and future wife), was executed for the murder. This devastated the family (especially Victor, who accused himself). He set of to put an end to this creation. Victor finally met up with his monster in the mountains near a glacier. Here he listened to the monster's story. How he studied and grew to love this family living in a cottage. He wanted so immensely to be a part of their love and smiles. He learned their language and how to write (by listening to them teach an Arabian relative). After a very long time he walked into the cottage when only the blind old man was there and tried to befriend him. He was very persuasive until the children and the woman returned. The boy attacked the Monster. He could have killed the boy, but, out of love, ran. The family soon moved leaving the Monster so incredibly depressed and heart-broken that he suddenly hated the human kind. But, most of all, he hated his creator for making in the first place. He set out to Geneva, where he know Victor lived. He was almost there when he found a little boy. He thought he could make friends with him (because of his young, unprejudiced mind) until he discovered he was the son of his hated creator. He murdered him, and took the boy's locket and put it in the pocket of the soon-to-be-executed woman sleeping in a barn. At the conclusion of his story he persuaded Frankenstein to create a female for him. In the middle of Victor's progress of making the female he stopped,

Illegal Street Racing Essay -- essays research papers fc

One of the fastest growing sports in the world is racing. Racing in general can consist of many different types such as: Drag Racing, NASCAR, Indy, Motor Cross, Truck Rally. The topic of racing that I am chose was street racing. Street racing originated from drag racing on the quarter-mile strip. The concept of drag racing is when two racers in different cars would line up at a white line, and in the middle of the two cars would be a light post, called the Christmas tree for its red, yellow and green bulbs. The tree does what a stoplight does, except backwards, it starts from red, then to yellow, then to green. On the quarter-mile strip, when the light hits green, the two racers are supposed to try to go as fast as they can before the end of the quarter-mile, which would then set off a electronic board showing their electronic times (E.T.) and their speeds. As the sport of street racing began to boom around the early ‘90s, people couldn’t really afford to go to a legal track and race their cars, because of the price that it cost and the rules that they had. So there was a street track that was created on Terminal Island, called the Brotherhood Raceway. The Brotherhood Raceway or Brotherhood for short was basically a quarter-mile drag strip that was put down on a closed off street, where street racers could go and find out their quarter-mile times and speeds for the price of nothing. This was a quarter-mile drag strip to keep racers off of normal streets and highways. Around time of the mid-90s, the Brotherhood was then closed down, forcing street racers to take their racing to another legalized track, or to the streets and highways. People say that street racing is bad, illegal and dangerous to everyone. There is another side which thinks that street racing is ok, and safe. All street racers know that street racing is illegal and can be dangerous, but in their minds they will think they won’t hurt people around them but accidents do happen. When it comes to racing on streets, racers an open or deserted street and line two cars up, and basically race off of the line and see who stays ahead of the other person, this set-up is basically like racing on a drag strip, just without lights and tech and safety people around. There is a person that acts like the lighting tree, who stands in the middle, and is called the â€Å"flagger.† This person puts his/her arms up, ... ...he track. That is why my opinion stands that they should re-open the Brotherhood Raceway, so racers can go and be safe while doing what they do. Street racing is a dangerous sport, but it’s a life and love that people have and are not willing to give up. I believe that as long as racers do what they can to keep street racing, that it should be legal. It all racers do their part in trying to keep it safe and not dangerous, then I think the government or city or whoever, should give street racers respect and allow them a place to have fun and do what they do best. Works Cited Atwood, Kathy. â€Å"Red Flag For The Racing Crowd.† Hearld Net. 2 January 2002. 13   Ã‚  Ã‚  Ã‚  Ã‚  April 2002 . Brown, John, Adam Jensen, Pat Silla, David Wong. â€Å"Streetracing: On The Inside.† 14 April   Ã‚  Ã‚  Ã‚  Ã‚  2002   Ã‚  Ã‚  Ã‚  Ã‚  . Fontana, Aaron M. â€Å"The Fast and the Furious.† Entertainment Today. 10 April   Ã‚  Ã‚  Ã‚  Ã‚  2002 .

Tuesday, October 1, 2019

Elegy for my father’s father&quot Essay

What is the true meaning of family? A support system. A unit that guides you through life. People that always have your best interest at heart. They are and will always be there for you. You are yourself around them and they never expect you to hold back. Joy and sorrow. Laughs and tears. All elements shared with family. This is not the case in all situations as seen in the poem elegy for my father’s father. Elegy for my father’s father is one stanza poem of sorrow and sadness. A poem written by a man who hardly knew his grandfather. Thus the title elegy for my father’s father which brings out the detached mood. The persona begins by telling the reader how they all knew this man died knowing he was emotionally detached from all those around him. He was an introvert and kept to himself. ‘O for all the tall tower broken memorial denied’ a sentence showing the little they had to remember him by. There were no marks of him and there was very little to him. ‘And the unchanging cairn that pipes could set ablaze An aaronsrod and blossom. ‘ There was no tombstone and instead Just a pile of stones on top of his grave. I believe this shows the little respect they had for him. They are not alone as nature also refuses to be one with him. No flower grows by his graveside. He is alone just like he was in real life. ‘They stood by his graveside from his bitter veins born And mourned him in their own fashion. ‘ The persona again describes his grandfather as a bitter angry man. The reader begins to get the immensity of anger that the persona has for his grandfather. The situation was so serious that his family did not know how to mourn him. There was no unity when they were mourning him and they as a result they all did it in their own ways. ‘A chain of sods in a day he could slice and build high as the head of a man And a flowering cherry tree On his walking shoulder held under the lion sun’ the persona finally gives an unexpected positive remark about this man. They honor his strength and endurance seen in his youth. He did intense amount of work and was able to accomplish it in the harshest of conditions. He was a ‘workaholic’. This could have been a way to ensure people kept off. The persona however jumps back into the negative comments. When he was old he had nothing to do except sit in his curved chair all day the kitchen fire. Perhaps a sense of pity for him. His family watched him waste time he could have made so much out of. He was quiet and observant. He scrutinized every detail but he kept all his observations to himself. He confined his feelings and wisdom. He was very mysterious. A lot of imagery is used in the lines describing this. The last eleven lines of the poem are all imagery. They show how the old man never spoke in times of joy. ‘This heart had never spoken in song or bridal bed’ He was shockingly also distant to his wife. A person who he should have at least been able to trust and express himself to. He was unable to reveal himself on his honeymoon. This shows how great his separation from all those around him was. The poem is of a mixed tone as there is an element of sorrow but at the same time there is celebration of life and reminiscing of the old man’s youthful days. The poet uses descriptive words that carry out the task of giving vivid illustration to the reader. The poem however does not have a flow as has no rhythm regularity. The poem is cyclic as the reader is taken through the old man’s life. The theme of family and its great impact on one’s life is seen throughout the poem.