Saturday, August 31, 2019

Baderman Island Expansion

Several methods of expanding a company exist. The Baderman Island resort is looking into different options to expand their operations. This paper will explore the subject of the three main options; acquiring another organization in the same industry, going public through an Initial Public Offering (IPO), and merging with another organization. Additionally, it will provide analysis of the strengths, weaknesses, opportunities, and threats (SWOT) of each option. Finally, it will provide a recommendation regarding which would be the best option for Baderman Island Resort to use to expand its operations. Acquisition Baderman Island Resort may expand its operations by acquiring Atlantis Resorts to increase growth and market share. Baderman Island would have to purchase Atlantis Resorts stock or assets. This expansion strategy has strengths, weaknesses, opportunities, and threats. The strengths of an acquisition include the potential to acquire more revenue to lead to yet more growth. Other strengths include financial leverage, lower cost of operations, and increased market share. The weaknesses of acquiring Atlantis resorts include the high cost of acquisition, intangible costs, legal expenses, and possible devaluation of the organization. Opportunities created by the acquisition include the additional resources provided by the Atlantis. Expanded productivity also results from a successful acquisition. Threats also exist in an acquisition strategy. Management of the two companies often struggle over who will run the organizations and its departments. An acquisition also creates higher employee turnover because of employees unhappy with the new organization. This in turn creates hiring costs. IPO Offering To expand their resort operation, Baderman Island may explore various financial opportunities to achieve their strategic goal. The first option available is to issue an IPO. An IPO is a distribution of public stock to the open market for the first time (Keown, Martin, Petty, & Scott, Jr, 2005). Baderman Island would sell new shares to the public to generate the appropriate capital needed to meet their operational/financial goals. An IPO offering could finance the expansion plans for Baderman Island, but they must review both strengths and weaknesses that exist before making a clear decision. By selling shares in the organization, they can use the newly generated funds for research and development for the organization, to pay off an existing debt, or to bring public awareness to the organization, all of which are strengths gained from the IPO offering. By issuing an IPO and obtaining outside investors, it will force the organization to become financially transparent to their investors. Additional disclosures will need to be provided, and the organization will be forced to follow rules and regulations established by The Security and Exchange Act of 1934 and commit to periodic financial reporting (Keown, 2005). They must make this information available to investors, employees, and competitors. This additional work and required open disclosure of confidential information might be viewed as a weakness or intrusion to organizational privacy. Baderman Island management must look at the opportunities for each of the options for growth. Pursuing an IPO will provide the influx of money needed for expansion, a higher industry profile, and a greater opportunity for stock investors. The pursuit of an IPO has various results that could threaten Baderman Island’s organizational and financial goals. By issuing public stock, Baderman Island will have to comply with stringent reporting to the SEC that may reveal important company information to the competitors. Last, the addition of stockholders will restrict certain control of major managerial decisions. Merger A merger is yet another avenue Baderman Island has at its disposal to expand its business. Mergers create a number of strengths, weaknesses, opportunities, and threats. A SWOT analysis of using a merger to expand operations follows. A strength from performing a merger is the ability to acquire a company’s unused debt. â€Å"Some firms simply do not exhaust their debt capacity. If a firm with unused debt capacity is acquired, the new management can then increase debt financing, and reap the tax benefits associated with the increased leverage† (Keown, 2005, pp. 23-4). Another strength is enabling Baderman Island to remove an ineffective management strategy or team. Baderman Island has the option to decide who stays with the merged company, and who is out the door. Often times, a weak management leading team is the problem the organization has not evaluated for its mediocre success. â€Å"The merger of two firms can result in an increase in market or monopoly power. Although this can result in increased wealth, it may also be illegal. The Clayton Act, as amended by the Celler-Kefauver Amendment of 1950, makes any merger illegal that results in a monopoly or substantially reduces competition. The Justice Department and the Federal Trade Commission monitor all mergers to ensure that they do not result in a reduction of competition† (Keown, 2005, pp. 23-4). Weaknesses of a merger for Baderman Island are the many distractions that rise to the surface. Employees may show concern with the future of his or her employment, rather than concentrating on the job-at-hand, thus causing lower production and quality control. Baderman Island is vulnerable to losing customers during the merger. Consumers may question whether or not the previous company will conduct business in the same way in which he or she has become accustomed. Some opportunities for Baderman Island would be to reach customers where it may not have previously. New markets, cash, revenue, and capital are available to Baderman Island to complete its expansion. Finally, threats in an acquisition mainly take the form of other competition. Multiple resorts exist and are always on the lookout for new competition and what they are doing. Baderman Island must stay vigilant with maintaining a sound management team, to steer clear of a larger resort organization trying to merge with it. Recommendation The suggested option for Baderman Island Resort to take at this point is to merge with a larger chain of resorts. According to the several blogs available on the resort’s site, there is room to upgrade in virtually every aspect of the resort including service, amenities, and reservations. Upgrading these systems seems to be a necessity. Merging with a large resort would not only bring financial stability, but also the management skills present in such large chains would alleviate many of the issues found in the resort. Conclusion This paper explored the three main options for the Baderman Island Resort to expand; acquiring another organization in the same industry, going public through an Initial Public Offering (IPO), and merging with another organization. Additionally, it provided analysis of the strengths, weaknesses, opportunities, and threats (SWOT) of each option. Finally, it provided a recommendation regarding which would be the best option for Baderman Island Resort to use to expand its operations.

Friday, August 30, 2019

Apush 1790s Essay

Vital domestic and foreign events have occurred in the 1790s and were both what helped shape American politics. There were domestic affairs such as the Whiskey Treaty, establishment of the first bank of the United States, Alien and Sedition Acts, and discussion of narrow and broad views of the constitution. Foreign events include the XYZ Affair, Jay’s Treaty, and Pickney’s Treaty. There were two political parties that were shaped by these and many other affairs: Federalists and Republicans. The Federalists who supported Hamilton who wanted a strong centralized government, high taxes, and a national bank to find financial stability in the country. The Republicans were supporters of Jefferson who wanted to limit federal power, not create a national bank because of which they had a narrow interpretation of the Constitution. Hamilton, the Federalist, tried to repay the debt the U. S. had owed. This caused tension between the North and South creating the two parties: Federalist and Republican. A domestic affair , the Whiskey Tax was promoted by Hamilton which the tax money was used to pay off debts the U.  S. had owed. The establishment of the First Bank of the United States was what helped create the thoughts of Federalists of creating a financially stable nation. Though opposed by Jefferson saying that it would only benefit merchants and investors and hurt the rest of the country, it was established anyway. The Alien and Sedition Acts were used by Federalists to get rid of whatever Republican enemies they had from France. The Acts made it harder for one to become a citizen, creating a stronger Federalist Party. It also allowed the President to deport anyone of suspicion of making false writings about the government. This was later ruled as unconstitutional by Jefferson and repealed. The Federalist Party was shaped by domestic affairs into becoming a party that cared a lot about the country’s financial position. The foreign affairs for example the XYZ Affair, almost led to war between the United States and France. The United States had sent Federal diplomats to negotiate with the French, but was asked for compensation to make agreements. The U. S. didn’t compensate any money and later came back to negotiate under serious conditions. This Federal victory had led to the Alien and Sedition Acts. Jay’s Treaty was opposed by the Republicans because of the negotiations made with Great Britain for trading purposes. These commercial reasons were thought by the Republicans that there would be a ruling elite group of merchants and investors and a large group of the poor remaining population. More and more wanting of financial stability of the country Is what led to the Pickney treaty that allowed the U. S. to use the Mississippi River trading route granted by Spain. The Republican Party was weak in forming their party because of the power it had in compare to the Federalists. The creation of the Federalists and Republicans were what Washington wished to avoid, but inevitably were created. The domestic and foreign affairs containing from the Whiskey Tax to the Pickney Treaty were used by Federalists to increase their party’s strength and to fix the nation’s debt. The Republicans, though still unmanageable to receive any favors in the Federal government, still benefitted from events like the Alien and Sedition Acts which were to be later used against the Federalists as unconstitutional to help win Jefferson’s presidency. The 1790s was an important time period in creating the first two opposing political parties.

Thursday, August 29, 2019

A Language Killer Essay Example for Free

A Language Killer Essay ? It is undeniable that English language is a powerful language. It is spoken in most part of the world especially in developed countries for instance the United States, Great Britain, and Canada. This is an inescapable process of globalization, the process of extending social relations across world-space. Globalization leads to the commonness of English in several fields such as science, technology, economy, politic etc. The result of this is English dominating the world and disregarding minority languages. That is why English language is often named as â€Å"a killer language† that wipes out smaller languages and their cultures by exclusive use. The phenomenon of the exclusive use of English is caused by the attitude of a person or a community toward English. This attitude cannot be directly observed, it can be seen from the expression of positive or negative feeling toward it. This attitude may enable a language to grow and prosper or to decay and die. In this case, while English as a global language is growing, other minority languages are dying. The prominent reason for English dominating the world is positive feeling of speakers toward it which reflects in degree of importance, elegance, and social status. For instance in the degree of importance, English holds an important role in education, technology, politic and economy. The speakers of it feel that it is important to be able to speak and understand English because a wide range of information is provided in English. Beside there is a common believe in countries where English is spoken as a second or foreign language that knowing English makes people clever, to speak English is all we needed, when someone speaks English we think he is educated, when someone speaks English it creates a good impression for him, speaking English helps to get a job, people who speak English have more friends, people would like to be considered as a speaker of English, if they have children they want them to speak English, and they feel sorry for people who cannot speak English. I myself also feel the same ways. Those kinds of feeling lead English become a dominating language on earth. The consequence of this attitude is English as international language will spread widely. English becomes such a need which is required to be fulfilled in today’s life. Everyone has to be able to understand English, both orally and written. While this is happening, on the other parts of the world there are some less powerful languages which are trying to survive or even dead. Regarding to this phenomenon, UNESCO classifies languages as follows: When the number of people speaking a language is actively growing, it is considered healthy. When children are no longer taught a language, it is considered endangered. When a language is spoken by only a handful of elderly people, it is considered moribund. When no one at all speaks a language as a first language, it is considered extinct. It is so sad to know that from thousands of languages on earth; almost half of people of the world speak one of six dominant languages, English, Mandarin Chinese, Hindustani, Spanish, Russian, and Arabic. The other small languages are left behind. It is very important to preserve languages in terms of protecting any cultures. If it not, the world will become monotonous. Even if English language is very influential, we should maintain our identity, our nationality, that we have our own language that we can be proud of. Language will just die if the people will obviously no longer use it, but preserving it is one way of showing to the whole world how united we are as a nation because language is a keystone of culture. A Language Killer. (2016, Oct 03).

Wednesday, August 28, 2019

Review a song called Wagon Wheel Essay Example | Topics and Well Written Essays - 250 words

Review a song called Wagon Wheel - Essay Example The singer has employed the use scuffling drums to complement the signature rip-off melody. Guitars have also been used as part of the instrument. Darius Rucker also made good use of Lady Antebellum. This was extremely important as she offered the supportive lyrics on the track and facilitated to seal it out. Overall, it is however noted that the song is not original and distinguishing. A person would easily be tempted to think that the song is similar to the â€Å"Brown Eyed Girl† by Van Morrison or â€Å"The joker† by Steve Miller Band. The singer has therefore unfortunately failed to distinguish his song which would have been a good starting point in order to capture a wide market base. Listeners would have enjoyed more if the song did not sound too familiar to them. The singer should have tried to differentiate it from the original recording that was done was Old Crow Medicine Show. Nonetheless, I think the song has a healthy commercial potential especially in bars and other alcoholic joints. This is because the singer has kept it loud and flashy, just like it ought to be. It is definitely going to sound like a success in its radio sustainability as the singer has tried to use some broadcaster tone. Lastly, the song has an excellent and familiar arrangement of sections (Guz, 2013). This makes it easy for the listener to be more comfortable with

Tuesday, August 27, 2019

Nonverbal communication in romantic relationships - literature review Essay

Nonverbal communication in romantic relationships - literature review - Essay Example What individuals do is also reliable indicator of internal feelings. Four studies comprise this literature review. â€Å"Nonverbal Immediacy Behaviors and Liking in Marital Relationships† (Hinkle, 1999) measured the frequency of positive nonverbal behaviors in married couples and found a strong correlation with the subjects’ reported liking for one another. â€Å"Relational Messages Associated with Nonverbal Involvement, Pleasantness, and Expressiveness in Romantic Couples† (Le Poire, Duggan, Shepard & Burgoon, 2002) focused on vocal involvement, showing that partners perceived intimacy based on tone. The results of â€Å"Patterns of Matching and Initiation: Touch Behavior and Touch Avoidance across Romantic Relationship Stages† (Guerrero & Anderson, 1994) indicated sex differences in the initiation of touch, with men choosing the dominant role of initiation early in the relationship and women becoming the initiators after marriage. â€Å"Adult Attachment Style and Nonverbal Closeness in Dating Couples† (Tucker & An ders, 1998) reported that secure attachment style resulted in more positive touching. Although it may seem obvious that nonverbal communication—in general, a subconscious act—should correlate with relational satisfaction, researchers may take nothing for granted. Thus, the Hinkle study cited research that reported relationships have a greater success if the partners like one another. They also defined nonverbal immediacy as â€Å"behaviors such as touching, smiling, and making eye contact with another person† (Hinkle, 1999) and hypothesized that the more immediacy behaviors displayed by an individual, the more their partner liked them. The focus of their research was related to the duration of the relationship. They found that correlation remained constant, but that liking behaviors were strongest in the first year of the marriage and after the twenty-fourth year (Hinkle, 1999). Guerrero and Anderson began with a

Monday, August 26, 2019

Cost Estimation Practice in Construction Companies Research Proposal

Cost Estimation Practice in Construction Companies - Research Proposal Example These costs will be collected from a variety of existing real construction companies. There is inherent risk involved in all construction companies and the rate of bankruptcy in construction industry is relatively higher than in any other type of business endeavor. For any construction company to succeed or fail, the role played by quality estimation and results reliability cannot be underestimated. The final project will therefore give a description of the estimating as well as the tendering process. This process is divided into various stages that begin with acquisition of tender documents and ends with the tender submission. This project will significantly make use of computerized calculations due to the complexity of a number of formulations involved. Furthermore, this will help in data condensation and minimal use of paper work to reduce on time, human error and financial costs. Lack of proper cost estimation in construction industry is probably one of the most contentious business issues in Kuwait than in many other countries in the world. This is putting into consideration that this sector supports a very large portion of the Kuwaiti economy being among the largest industries in Kuwait, and its negligence therefore would result into a major drawback in the country’s economic growth. Provision of coherent and cogent cost estimation is vital since the larger an industry gets, the more likely chances are that cost fatalities will be incurred. This project will give a description of the estimation process within the construction companies in Kuwait and the associated problems, beginning with acquisition of tendering documents to the actual submission of the tender. It will also give and explain some examples of indirect as well as direct estimation problems. Â  

Court Administrator and his Problems in Organization Problems Essay - 1

Court Administrator and his Problems in Organization Problems - Essay Example Thus, I would suggest that there be a secret balloting to identify the decisions of the judges on certain matters then, a decision can be reached. One way to improve the communication throughout the organization is first identifying what type of communication does the organization need and prefer. There should also be activities that would be able to help the employees to release their stress. There are several activities that can be done, like, sports events. There can also be a welcome party for the incoming judge and a farewell for the outgoing. This can promote camaraderie among employees. I can solicit suggestions and ideas from Judge Cortez on what she thinks regarding the disputes among the employees. These are valuable insights that might be able to provide the court administrator with an initiative on how to solve the problems. For Judge Cortez’ successor, these proposals can be made so that s/he would be able to start or continue the reconciliation efforts among the offices of the court. 1. In a general way, discuss both the merits and difficulties posed by this case management approach. Relate your response to the general advantages and disadvantages of both the individual and the master calendar systems. One of the greatest advantages of the individual calendar system is that it is easier to pin down delay. One can easily match up to judges’ dockets to find out what are the developments of the cases, whether it is moving or not. On the other hand, the master calendar systems’ highlight is that judges who specialize in a specific phase of the proceedings can be allowed to handle such. Although both systems also carry disadvantages like for the individual calendar system the speed of the disposition of cases depends on the judges. For the master calendar system, the disadvantage lies in the lack of the way to see where the delay is.  

Sunday, August 25, 2019

A series suggestion of principles and strategies that could be Essay

A series suggestion of principles and strategies that could be employed to create more urban ecovillages and sustainable urban n - Essay Example The explosion of technologies of the 1700s caused by the unbridled combustion of fossil fuels and a greater than seven fold increase in human numbers has put at risk the very basis of the earth’s social and institutional resiliencies. The beginnings of the perception of the changing natural environment and its repercussions were felt in the early 19th century itself when Henry David Thoreau (1854) published his book Walden. The movement to preserve the environment started in the 1960s in the form of the Green Anarchist movements. Murray Bookchin also in the 1960s put forward the social issues effecting the environment at the time and went on to coin the term social ecology in 1974. His belief was that all environmental problems were rooted in deep- seated social problems. Ecovillage Concept and Sustainability Over the years that followed ecology and conservation gained momentum as the period of industrialisation and economic development in terms of productivity and cost- benef it ratios grew. Urban areas expanded exponentially with little or no concern for the ecological quotient. Concern for the environment brought interest in the study on environmental mapping along with the growing realization that the parameters that determine the quantity of industrial productivity and economics don’t add up to an increased happiness quotient or quality of life for humans and the biodiversity. The realisation that the environment was reaching appoint of no return gave way to the ethos of sustainable development and a quest to achieve sustainability through judicious use of resources. The advent of the ecovillage concept or the sustainable neighbourhood initiative was one such effort to mitigate and arrest the loss of habitat and to take nature as a component in the economics and ecology of human living. Hildur and Ross Jackson the pioneers in this field, set up the Gaia Trust In 1987. Their 20 years experience in cohousing gave a head start to the Danish ecovi llage network. The ecovillage concept continued without any set definition or principles until 1991 when The Gaia Trust entrusted Diane and Robert Gilman to identify and report on the best ecovillages. The report Ecovillages and Sustainable Communities carried the definition of an ecovillage as stated by Gilman as â€Å"a human scale, full-featured settlement, in which human activities are harmlessly integrated into the natural world, in a way that is supportive of healthy human development and can be successfully continued into the indefinite future.† In 1993 Gaia Trust also took the initiative to form the Danish Ecovillage Network and in 1995 at the fall conference of the Gaia Trust at Findhorn Where 400 people from ecovillages from across the world participated the Global Ecovillage Network (GEN) was launched. This global ecovillage concept has now come to transcend the urban-rural dichotomy and is fast becoming the post industrial way of organizing society at the grassroo ts level. Principles Successful neighbourhood initiatives are being based on certain universal principles of sustainability, self reliance and social integrity. These are broadly classified into four components- the social, ecological, economical and spiritual/cultural components. Hildur Jackson (1998) on the other hand visualized the elements in an ecovillage in the form of 4 dimensions-earth, air, fire and water. In each she placed another set of 4 categories of determinants that would

Saturday, August 24, 2019

Why are modern political parties almost always catch-all in character Essay

Why are modern political parties almost always catch-all in character - Essay Example However, in the recent times this code of ethics and beliefs has been bypassed so many times in so many nations by such a large number of political parties that a new phrase had to be developed; catch-all political parties. However, it was believed that the catch-all party’s principles posed risks against democracy.1 In today’s day and age, almost all political parties fall in this category. What has caused this profound change in the working of the political lots, this is analyzed below. Historically political parties have generally shown strict adherence to their code of ethics and beliefs, henceforth referred to as Ideology. The political histories of some of the world’s greatest democracies such as the United States of America, the United Kingdom, Canada and Australia are replete with struggles in the name of political ideologies which would make the modern political actors seem novice. Take for instance the battle fought for slavery on America’s political grounds, in the decade prior to the US Civil war (1861-65). There was nothing greater in the minds of the northern republican politicians than the goal of abolition, while the southern democrats were willing to pay any price to defend their right to retaining slavery, as they had (mis)believed was embodied in their glorious constitution. The will to struggle for an ideology was strong enough for them to risk losing half their country. Despite all this, it was the ideology of ‘equal human rig hts’, so much propounded by the northern republicans that finally emerged victorious. It has been more than one and a half century since those events have passed and a lot has changed since then. Especially a great change has been witnessed in the character of the political parties. In the modern era have been born the catch-all political parties; parties that have expanded their appeal base so far and wide that their voters do not necessarily share their ideologies. The birth of