The Role for NATO in the Modern World Essay -- The North Atlantic Trea

The Possibility of a Role for NATO in International Relations When NATO was founded in 1949, it had a clearly defined role. It was an alliance for collective security against the USSR and the Warsaw Pact, whereby if one member state was attacked, the rest would come to her aid under article 5. Since the fall of the Soviet Union and the end of the Cold War, however, the role of NATO has become a great deal less clearly defined, since its members no longer really have any need for a defensive alliance. Indeed, operations such as those in Bosnia and Kosovo have suggested that for from being a defensive alliance, NATO may have some kind of future as an offensive alliance. There are also now doubts, however, over whether the futures of Europe and the United States are bound together as they were during the Cold War, and many European countries now pursue radically different, more pacifistic foreign policies to that of America. Many people now fell, therefore, that NATO is nothing more than an anachronistic hangover from the Cold War with no real future. Others would say, however, that organisations such as NATO and the UN are still crucial in the modern world to ensure that countries do not act unilaterally, but co-operate with allies. It is first perhaps worth considering in what way NATO's role in the modern world is changing. As has already been said, NATO may no longer really be viewed as a defensive organisation. This is not to say that it no longer has a credible role, however, and many would argue that it can be used as a useful tool in solving international problems. There are several examples of this suggestion in action. For in... ...is an alliance of such different interests will mean that it's future survival is highly dubious. As Nicholas Burns, the US Ambassador to NATO, said recently, 'the EU's push for greater military autonomy [poses] the most significant threat to NATO's future.' Thus there is still a role for NATO in the modern world, although this role has shifted from being defensive to being offensive, as above examples have shown. The question now must be, then, whether NATO can function effectively has an organisation in the coming years. Many would say that the polarising effect of America's aggressive foreign policy under George Bush and the recent expansion or the organisation Eastwards towards Russian borders will mean that NATO will cease to have a role in the future, since it is now a body which such conflicting interests.

Chapter 16-17

Week Three E16-17 Req. 1 Fido Grooming| Income Statement| Month of April| Wages| 3,900. 00| Grooming Supplies Expense| 1,625. 00| Building Rent Expense| 1,300. 00| Utilities| 325. 00| Depreciation on Equipment| 130. 00| Total Operating Expense| 7,280. 00| | | Income for April| 16,300. 00| Net Operating Income = Income – Operating ExpenseNOI= 16,300. 00 – 7280. 00NOI = 9,020. 00| | Req. 2 Unit Cost Per Service = Total Service Cost/Total Number of Services Provided UCPS = 7,280. 00 / 650 UCPS = 11. 20 Unit cost to groom one dog = $11. 20 P 16-25A Req. 1 Fido Treats|Schedule of Cost of Goods Manufactured| Year Ended December 31, 2012| Beginning Work in Process Inventory| | 13,400. 00| | Direct Materials Used:| | | | Beginning Direct Materials Inventory| -| -| | Purchases of Direct Materials (Including Freight In)| 33,000. 00| -| | Available for Use| 33,000. 00| | | Ending Direct Materials Inventory| 2,000. 00| | | Direct Materials Used| | 31,000. 00| | Direct Labor| | 22,0 00. 00| | Manufacturing Overhead:| | | | Indirect Materials| 1,700. 00| | | Indirect Labor| 800. 00| | | Depreciation – Plant and Equipment| -| | |Plant Utilities, Insurance, and Property Taxes| 1,600. 00| | | Total Manufacturing Overhead| | 4,100. 00| | Total Manufacturing Costs Incurred During the Year| | | 57,100. 00| Total Manufacturing Costs to Account For| | | 70,500. 00| Ending Work in Process Inventory| | | (2,000. 00)| Costs of Goods Manufactured| | | 68,500. 00| Req. 2 Fido Treats| Income Statement| Year Ended December 31, 2012| Sales Revenue| | 109,000. 00| Less: Sales Returns and Allowances| -| | Less: Sales Discounts| -| | | | -| Net Sales Revenue| | 109,000. 00|Cost of Goods Sold:| | | Beginning Finished Goods Inventory| -| | Cost of Goods Manufactured| 68,500. 00| | Cost of Goods Available for Sale| 68,500. 00| | Ending Finished Goods Inventory| 5,300. 00| | Cost of Goods Sold| | 82,600. 00| Gross Profit| | 26,400. 00| Operating Expense| | | Wage Expense| 5,000 . 00| | Rent Expense| 13,000. 00| | Hotline Expense| 1,400. 00| | Total Operating Expense| | 19,400. 00| Operating Income| | 7,000. 00| Net Income| | 7,000. 00| P 17-26A Req. 1 Job Cost Record| JOB NO. 423CUSTOMER NAME: Lu Technology, Co.JOB DESCRIPTION: 5,900 DVDs| DATE PROMISED 4-5| DATE STARTED 4-2| DATE COMPLETED 4-3| DATE| DIRECT MATERIALS| DIRECT LABOR| MANUFACTURING OVERHEAD ALLOCATED| | REQUISITION NO. | AMOUNT| LABOR TIME RECORD NO. | AMOUNT| DATE| RATE| AMOUNT| 4| 2| 64| 341. 00| 10| 140. 00| 4-3| 125%| Of Direct Labor Cost| 500. 00| 4| 2| 64| 675. 00| | | | | | | 4| 3| 74| 126. 00| 20| 260. 00| Overall Cost Summary| | | | | | | | | | | | | | Direct materials| 1,142. 00| | | | | | | Direct labor| 400. 00| | | | | | | Manufacturing overhead allocated| 500. 00| Totals| | 1,142. 0| | 400. 00| Total Job Cost| 2,042. 00| | Cost per DVD| 0. 35| Req. 2 Journal Entry| DATE| ACCOUNTS AND EXPLANATIONS| POST. REF. | DEBIT| CREDIT| Apr| 2| Materials Inventory: Requisition 63 Polycarbo nate Plastic| | 341. 00| | | | Accounts Payable| | | 341. 00| | | | | | | | 2| Materials Inventory: Requisition 64: Acrylic Plastic| | 675. 00| | | | Accounts Payable| | | 675. 00| | | | | | | | 3| Materials Inventory: Requisition 74: Refined Aluminum| | 126. 00| | | | Accounts Payable| | | 126. 00| | | | | | | | | Materials Inventory: Movie File| | 2,950. 00| | | Accounts Payable| | | 2,950. 00| | | | | | | Req. 3 Journal Entry| DATE| ACCOUNTS AND EXPLANATIONS| POST. REF. | DEBIT| CREDIT| Apr| 3| Finished Goods Inventory| | 5,900. 00| | | | Work In Process Inventory| | | 5,900. 00| | | | | | | | 3| Accounts Receivable| | 7,670. 00| | | | Sales Revenue| | | 7,670. 00| | | | | | | | 3| Cost of Goods Sold| | 5,900. 00| | | | Finished Goods Inventory| | | 5,900. 00| | | | | | | | | | | | | | | | | | | P 17A-11A Req. 1 Compute the number of equivalent units and the cost per equivalent unit in the Assembly Department for November. Amy Electronics| * Equivalent Units – Assembly De partment| * Month Ended November 30| * | * | * | * Step 2: Equivalent Units| * Whole Units| * Direct Materials| * Conversion Costs| * | * | * | * | * | * | * | * | * | * | * | * | * | * | * | * | Req. 1 Amy Electronics| Cost per Equivalent Unit – Assembly Department| Month Ended November 30| | * | * | | * | * | * | | * | * | * | | * | * | * | | * | * | * | | * | * | * | | * * Req. 2Assign total costs in the Assembly Department to (a) units completed and transferred to Programming during November and (b) units still in process at November 30. * Amy Electronics| * Assignment of Cost – Assembly Department| * Month Ended November 30| * | * | | | * | | | | * | * | * | * | * | * | Req. 3 Prepare a T-account for Work in process inventory—Assembly to show its activity during November, including the November 30 balance. Work in process inventory- Assembly| * | * | * | * | * | * | * | * | * | * | * | * | * | * | * | * |

Egovernance In Admission Systems Africa Education Essay

What is the quality of instruction offered in higher instruction establishments. This inquiry has been raised by everyone associated with higher instruction establishment like institutional members, parents, pupils, employees, funding organic structures and the authorities in other words ; the stakeholders of higher instruction establishments ( HEIs ) ( Bhanti et al. , 2012:16 ) . Antony ( 2005 ) cited in Bhanti et Al. ( 2011:16 ) asserts that, the stakeholders raise this inquiry with one or more involvement: pupils – for pick of establishment ; parents – for worth of personal investing in the instruction of their kids ; for authorities – answerability and policymaking ; support bureaus – for support determinations. The replies for this inquiry can be obtained from different beginnings peculiarly the sure one like regulative governments which control the quality and criterions of higher instruction system. The function of ICT in modern-day organisations including HEIs continues to spread out in range and complexness ( Garrity et al. , 1998 ) . Recently, the HEIs peculiarly regulative governments have become cognizant of the benefits of e-governance in higher instruction direction systems. In pupils admittances for illustration, HEIs are using ICT for commanding quality of admitted pupils and general quality confidence. In recent old ages, the tendency of ICT invention ( Archmann et al. , 2010 ; Batagan et al. , 2009:372 ) and the turning usage of the Internet and nomadic phones has changed the manner pupils are admitted into higher instruction establishments ( HEIs ) , switching from boring manual to a modern ways such as centralised on-line admittance systems.2.8.1 E-governance in admittance systems: WorldwideWorldwide, there is a enormous addition in the figure of colleges, institutes and universities which have raised concern on assorted facets related to the quality instruction suc h as admittance and the figure of pupils. This has led to the higher instruction regulative governments to maintain an oculus on admittance quality confidence by deploying several systems, which assist in pull offing malpractices related to admittance. Such systems include, the Universities and Colleges Admissions Service ( UCAS ) in United Kingdom ; the Joint University Programmes Admissions System ( JUPAS ) in Hong Kong ; Central Admission System ( CAS ) under Higher Education Admission Centre ( HEAC )[ 1 ]in Oman, which became the first state in the Middle East to follow electronic admittances for pupils seeking higher instruction classs[ 2 ]. Others include the Higher Education Centralized Admission System ( HECAS )[ 3 ]in Negara Brunei Darussalam ; and China ‘s University and College Admission System ( CUCAS )[ 4 ], to advert a few. Literature show that applicants to a higher instruction system come from a broad scope of backgrounds and, due to this fact, admittances policies need to turn to the devising of rather complex opinions about comparative potency within a diverse population of appliers. However, to-date in many states, each higher instruction establishment sets and implements admittances policies that are consistent with its peculiar mission ( QAAHE. 2006:5 ) . It has been insisted that, the policies and patterns for pupil admittances should be designed to procure a good lucifer between the abilities and aptitudes of the applier and the demands of the programme, therefore taking to the choice of pupils who can moderately be expected to finish their surveies successfully. Those doing admittances determinations need to know apart between appliers, to find who should be selected. This requires an exercising of judgement ; it is of import that this is underpinned by mention to transparent and justifiable s tandards ( QAAHE. 2006 ) .2.8.2 E-governance in admittance systems: AfricaDespite the fact that several states are implementing electronic admittance systems meaning among other things to control admittance malpractices in Africa, the literature portrays that there are fewer enterprises in following electronic admittances for pupils seeking higher instruction. In East Africa, for illustration, merely Tanzania is implementing to the full automated undergraduate admittances into HEIs. However, there is a similar admittance system in Nigeria, which is known as the â€Å" Joint Admissions and Matriculation Board † ( JAMB )[ 5 ]. Most of these inventions in Africa ‘s instruction sector have been supported by multi-stakeholder programmes such as the African Virtual University ( AVU ) and the World Bank to advance e-governance in HEIs.2.8.3 E-governance in admittance systems: TanzaniaTanzania is ranked 114th out of 132 states in the universe utilizing scientific discipline and engineering ( URT, 2008 ) . In East Africa, Tanzania is the first state to set up an machine-controlled admittance system in HEIs undergraduate admittances ( TCU, 2010 ) .2.8.3.1 Country OverviewTanzania is the biggest ( land country ) among the East African states ( i.e. Kenya, Uganda and Tanzania ) . It became independent from the British on 9 December 1961 and inherited an educational system from its colonial Masterss. Since independency, the Tanzania ‘s instruction system has grown quickly from a simple primary and secondary instruction to a complex instruction system including higher instruction run by both public and private sectors ( Mashalla, 2002:8 ) . Presently, the state has a population of 42,500,000 people ( IMF, 2008 )[ 6 ].2.8.3.2 Higher instruction development and enrolment tendency in TanzaniaThe history of higher instruction in Tanzania goes back to pre-independence when the state had no individual higher instruction establishment ( URT, 2008:1 ) . Tanganyik ans who had chances for higher instruction were trained at Makerere, Uganda. Within East Africa, higher instruction was last to come in Tanzania, therefore doing the state to hold smaller figure of skilled and trained human resources in the state in 1961. The former and first president of Tanganyika had observed this deficit of trained and skilled human resources and stated: â€Å" So small instruction [ had ] been provided that in December 1961 we had excessively few people with the necessary instruction makings even to adult male the disposal of authorities as it was so, much less to set about the large economic and societal development work which was indispensable. Neither was the school population in 1961 big plenty to let for any outlook that this state of affairs would be quickly corrected † ( Nyerere, 1967:4 ) . Higher instruction in Tanzania during the last century was preponderantly provided by University of Dar es Salaam ( UDSM ) . This was established as a college of the University of London in 1961 and so later it became a portion of the University of East Africa. In 1970, it became an independent University. In the 1970s UDSM was seen as â€Å" a development university † with all pupils being required to analyze development surveies and with field fond regards in many topics. The creative activity of Sokoine University of Agriculture ( SUA ) as the 2nd university in Tanzania was declarative of an consciousness of the importance of agribusiness in Tanzania ‘s development. The 1980s and early 1990s were a period of diminution for the university with registrations stagnating and passing per pupil falling dramatically. In 1994, the Institutional Transformation Programme was initiated and since so there has been a considerable addition in student Numberss. Several other third p reparation establishments have now become universities. More late, a figure of private universities have opened, chiefly run by spiritual organic structures ( Cooksey et al. , 2001 ) . Registration in third instruction during the 1990s was really limited so, with merely around 6,500 undergraduate pupils in 1998/1999 ( Cooksey et al. , 2001 ) . Since the terminal of the 1990s, registration in higher instruction has expanded quickly, although much of the enlargement has been through in private sponsored campaigners, both at the province universities and at private establishments, which have been granted university position. Admissions increased throughout the 1990s but since the 2002/3 academic twelvemonth, the authorities had put a bound on the figure of pupils that it would patronize. Until so, the figure of in private sponsored pupils had been about negligible, but since 2003, most of the enlargement in registration had been through in private sponsored campaigners ( Ishengoma 2004 ) . In recent old ages, the state has been spread outing entree in the instruction sector get downing with primary instruction through the primary instruction development programme ( MMEM ) in 2001, and the secondary instruction development programme ( MMES ) in 2004. Because of this, the state has been in attempts to spread out higher instruction in coaction with private sectors to run into the developments achieved at lower degrees ( URT, 2010 ) . To day of the month, there are more than 60 higher instruction establishments offering undergraduate grades in the state. Despite the fact that the gross registration rates ( GER ) in higher instruction have been lower side when compared to other developing states ( URT, 2010 ) ; yet the increased registration at lower degrees has resulted into monolithic force per unit area on higher instruction admittances which in bend has necessitated the constitution of the Central Admission System in the state.2.8.3.3 Constitution of CAS: A instance surveyHigher Education Institutions ( HEIs ) in Tanzania have undergone profound alterations in recent old ages. Significant enlargement of the system in order to acknowledge an increasing cohort of school departers, grownup scholars and by and large a more diverse set of pupils than in the yesteryear has been a cardinal portion of this alteration. These alterations have deductions on higher instruction service bringing, for illustration the admittance processes have become excessively complex with many challenges. During the last 10 old ages, the demand for higher instruction in Tanzania had been increasing quickly ; as a consequence, concerns over undergraduate admittance into HEIs have become an of import point of treatment for many stakeholders. Due to the current addition of HEIs and the subsequent enlargement of pupils enrolment, the admittance into these establishments has become complicated ( TCU, 2009:12 ) taking to a figure of jobs, including pupils passing money and clip in using for admittance to a figure of establishments so as to better their opportunities of being admitted ; troubles in screening out multiple admittances taking to holds in the start of the academic twelvemonth by universities ; complications in the expense of pupil loans by the Higher Education Students Loans Board ( HESLB ) every bit good as dual payments due to multiple admittances ; measure uping pupils neglecting to be admitted into universities due to incompatibilities in their applications ; universities ru nning at a lower place capacity as a consequence of superficial filling of institutional capacities caused by multiple admittances, therefore denying meriting appliers admittance chances ; and cheating by some appliers during the admittance procedure. Particular intercession was required and a cardinal admittance system was required to turn to these jobs. Therefore, in order to streamline the pupils ‘ admittance procedure, TCU in coaction with universities, NACTE and other HEIs established a new admittance system known as the Central Admission System ( CAS ) , where appliers for HEIs channel their applications centrally at TCU. Introduced in 2010, the CAS system is an electronic application theoretical account designed to cut down incommodiousness among prospective campaigners competing for topographic points in universities. The system targets to supplement the manual application system, which forced pupils to go from upcountry to Dar Es Salaam or other towns where the establishments are located in order to make full in application and admittance signifiers. It was early in 2009 when the University Computing Centre Ltd ( a company to the full owned by the University of Dar es Salaam ) was awarded a contract to develop a Central Admission System ( CAS ) to be used by all higher instruction establishments ( HEIs ) under the coordination of the Tanzania Commission for Universities ( TCU ) . The system was aimed to treat all applications for admittance into the Tanzanian HEIs will centrally through the system. The purpose of CAS is to computerise HEIs admittance procedure for higher instruction classs. Its bas ic aims are to widen their range to geographically scattered pupils, cut downing clip in activities, centralized informations handling and paperless admittance with decreased work force. Its other factors are cost film editing, operational efficiency, consistency position of informations and integrating with other establishments. Through CAS, applier has to come in merely the Index figure for ‘O ‘ degree and ‘A ‘ degree Exams, the system populates the personal inside informations and consequences from National Examination Council of Tanzania ( NACTE ) , and if the information provided lucifers so the applier can continue with selecting classs he/she is interested from all registered and take parting establishments. All degree programmes available in the pupils ‘ admittance guidebook have their minimal demand pre-configured which is used by the choice algorithm[ 7 ]. CAS ( Version I ) was developed utilizing Chisimba model. Chisimba is an unfastened beginning content direction system which is the merchandise of coaction between the 12 African universities who are members of the African Virtual Open Initiatives and Resources group. The proposal was approved on April 2009 and the first demo of the system to more than 40 representatives from HEIs was on 12th November, 2009. The demo was successful and the system execution started in the academic twelvemonth 2010/2011 to day of the month. The Tanzania Commission for Universities ( TCU ) regulates admittance of undergraduate pupils at higher instruction establishments harmonizing to their demands and Markss obtained and the admittance footings specified by the establishments. The TCU undertakings in admittance are specified as follows: Organizing all undergraduate admittances through CAS in coaction with take parting HEIs in regard of standards and admittance demands of each and every establishment harmonizing to subjects and available capacities ; Pull offing quality in admittances by guaranting that admittance guidelines are followed consequently ; Procuring admittance database of appliers and providing the Ministry of Education and Vocation Training ( MoEVT ) and other governmental be aftering organisations with the statistical informations in coaction with HEIs. Media consciousness of all academic plans for CAS take parting establishments in regard to admission operations in HEIs. Supply pupils with needed pupils Guide books about HEIs with their programmes offered and set up the enquiry service. Receiving, and treating all applications to HEIs in conformity to the submitted and approved programmes with their demands. Forming the Joint Admission Committee meeting for O.K.ing all admittances before publish the admittance consequences to appliers and the populace in general. Then administering the recognized pupils to the HEIs for senates blessings and advise the pupils, every bit good as the Institutions with the lists of the recognized appliers. Transportation, re-allocate and track withdrawn, postponed, discontinued and recognized pupils in HEIs after allotments. In Tanzania, the on-line application for undergraduate admittance is progressively deriving in popularity ( TCU, 2010 ) . Figures presented by the Tanzania Commission for Universities ( TCU, 2011 ) show that during 2010/2011 academic twelvemonth, when CAS was foremost introduced, 33,361 appliers out of 48,690 were admitted through CAS.2.9 DecisionIn general, e-governance in HEIs, peculiarly in Africa, is still in its babyhood. It has been deployed in several [ subdivisions? ] such as in e-learning, e-library, e-payments, etc. ; but in admittance still attempt is needed to do certain that massification of higher instruction in Africa goes together with quality higher instruction which can easy be controlled and monitored from the entry point, which is admission procedure. However, the execution of these attempts is confronted with many challenges heading to the e-governance execution peculiarly in the public sectors as explained in the literature. 1 ) Delete the footers and integrate the web references into the text. 2 ) You must continually demo the relevancy to your research subject of the assorted issues that you discuss. 3 ) Your literature reappraisal reads like a consultancy or direction study – there is really small critical battle with the subject ( mostly the consequence of your extended trust on official UN and other studies ) and about no grounds of battle with the relevant sociological literature. External testers will non accept this degree of battle in a PhD thesis. 4 ) Of great concern, nevertheless, is the extended plagiarism in the chapter. You have lifted big parts of the chapter, word for word, from ( acknowledged and unacknowledged ) beginnings. This is a really serious issue and may represent evidences for throw outing you from Rhodes and all other South African universities. The regulation is simple and clear: utilize your ain words when non citing from a beginning and acknowledge all beginnings when you draw on the thoughts they contain.

The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes Essay

Economics Introduction                   Adam Smith and Karl Marx are some of the few economists whose school of thoughts impacted the world’s economy through different generations. Smith argued that when individuals of a society work in self-interest, they collectively afford to acquire services and goods the society requires. This mechanism is famously known as â€Å"the invisible hand,† in Adam’s book The Wealth of Nations. Contrast with Adam’s theory, Karl Marx believes that a capitalist will take advantage of his labor forces for his own self-interest, and therefore it is better for individuals to be community oriented(Jingham & Girija, 2014).                   According to Smith, economic recession is the situation where there is a drop in the economy. Lack of employment is one of the indicators of a recession situation. Therefore, if each individual takes the initiative to generate income for self-interest, they will end up collectively averting an economic recession period.                   According to Karl Marx, greed and self-interest are not good for businesses and they are hazards in the society. Greed in business can occur when the rich business owners take advantage of their employees for their own self-interest and growth(Skousen, 2012). This amplifies the gap between the poor and the rich.                   However. Greed and self-interest can also be beneficial to any given business and society. Adam Smith’s school of thought contradicts with the moral values and ethics on greed andself-interest(Jingham & Girija, 2014). Greed will make individuals work extra hard in their distinct fields and, in the long run, these individual self-motivated interests add up to the aggregate well-being of the business. An example is an accountant, a procurement manager, the marketer, and the administrator, all working with self-interest will eventually jointly contribute greatly to the success of the business and the society.                   According to my current group, it is ethical for each member to work jointly with the rest of the members to achieve the group’s set objectives. Greed and self-interest are considered unethical for the group because it may lead to the dissolving of the group. This ethical perspective resemblesKarl Marx theory, since the aim of the group is to join us together for better achievement of our goals. References Jingham, M., & Girija, M. (2014). History of Economic Thought(Adam Smith and Karl Marx Contributions). New York: Vrinda Publications P Ltd. Skousen, M. (2012). The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes. Routledge Publishers : Chicago. Source document

Capital Budgeting Essay

This paper will give a comparison between the various preferred capital budgeting evaluation techniques in the corporate business setting. There will be a recommendation given for the Guillermo Furniture Company based on the results of one or more evaluation techniques, which in turn will help direct the financial health of the organization. Corporations are continually striving to improve the financial health of its organization and one strategic way many corporations are doing that is through capital budgeting. Capital budgeting involves choices. The choices revolve around projects that will add value to the organization. The projects can include acquiring land, purchasing a truck, or replacing old equipment. Many times, corporations are encouraged to undertake projects that will increase its profitability. The challenge is to find the appropriate evaluation method to bring the intended profitability into reality. The three preferred evaluation methods that many corporations use are net present value, internal rate of return, and payback period. Many corporations often calculate capital budgeting solutions using all three methods. However, each method often produces contradictory results. The net present value method is the most accurate valuation approach to capital budgeting issues (smallbusiness). If a corporation can discount the after tax cash flow by the weighted average cost of capital, managers can determine if the project will be profitable or not. The net present value method reveals exactly how profitable a project will be to the corporation versus the alternative methods (Chen, 2012). With the various evaluation methods, corporations can base the decisions for the future on the results of the evaluation. The net present value method takes the time value of money by discounting an investment’s future return to a present value (Chen, 2012). The thought behind the time value of money concept is that a dollar in hand today is worth more than the same dollar in the future. In capital budgeting decisions, the net present value discount is taken into consideration when the present value of the future return is compared with the present value of the cash outflows on any investment (Mason, 2011). If a corporation, such as Guillermo Furniture, is considering using the net present value method, the return on the investment would show clearly whether it is more than sufficient to increase the financial health of the corporation or not. Another preferred evaluation method is the internal rate of return. The internal rate of return is a discount rate that results from a net present value equal to zero (Mason, 2011). When the internal rate of return is higher than the weighted average cost of capital, it would be considered a profitable endeavor and thus should be pursued (Steven, 2010). A major advantage of the internal rate of return method is that it provides a benchmark for every project (Steven, 2010). This can allow a corporation to compare projects on the basis of the return on invested capital. For example, if Guillermo Furniture’s internal rate of return results higher than the cost of capital, it would be determined that the project is acceptable, and the corporation should move forward on the project. However, if the results are less than the cost of capital, the corporation should abort the project as it would hurt the financial health of the corporation. The final preferred evaluation method used by corporations is the payback period method. The payback period method reveals the amount of time it would take to recover the initial investment on a particular project (smallbusiness). Even though this method is considered preferred, it can result in disappointment for many corporations who value the results (Steven, 2010). The main reason is the results do not factor in the cash flow in its entirety from a certain project, which can skew the overall result of the return on the potential investment (Steven, 2010). When a corporation analyzes this method, it is determined that it results in a break even measure and only measures the economic life of the particular investment revolving around the payback period (Steven, 2010). This method is used mainly as a comparative measure for the net present value and the internal rate of return giving a time frame of recovering the initial investment. After considering the three preferred evaluation methods, it was determined that the net present value method would be the method of choice for the Guillermo Furniture scenario for a couple of reasons. First, the corporation cannot rely solely on the payback method because it does not take into account the entire cash flow for the project. After calculating how much time it would take to recover the initial investment, it was found that it would take more than 50 years, which is unrealistic for capital budgeting purposes. The focus shifted to the second preferred method of internal rate of return. The internal rate of return proved that the return on the investment would only yield 10%. The calculation was based on taking the total investment of $1,354,141. 21 and dividing it on the number of years the profit was expected to continue, which totaled $133,742. 20. The expected rate of return for the project had to be at least 12% for the project to be acceptable. Based on the net present value calculations and taking the required rate of return of 12%, the number of years the profit is expected to continue, which is 5, and the future annual cash flows amount of $26,748. 4, the present value of future cash flows equaled $96,422. 14. The net present value is measured by taking the investment outflow ($96,422. 14) minus the present value of future cash flows ($1,354,141. 21), which equals $1,257,719. 07. By dividing this amount by the investment outflow, the rate of return on investment yields 13%. Therefore, it would be recommended that Guillermo Furniture use the net present valu e method for this project as it would improve the financial health of the corporation.

Benefits and Challenges of Cloud Services

Cloud puting plays a great role in providing various advantages over the Smartphone applications and other technical advancements within the growing market place. This report is elaborating various benefits of cloud puting in this sector. Cloud puting for Smartphone-like devices apps development and growing in the marketplace Benefits of cloud puting over Smartphone applications Cloud puting provides various benefits to the field of mobile applications of the Smartphone (Chandramouli, Iorga & Chokhani, 2014). These applications make the operations and system functionalities easier with respect to the technical advancements as well as with respect to the user demands. Some of these advantages are elaborated in this report. These are explained as follows: Sharing of information : Previously the users needed improvised system architecture that is the hardware and software for sharing data and important information with the help of their mobile devices (El Amraoui & Sethom, 2016). In contrast with this fact, in the contemporary times, the users don’t need the plex architecture such as plex hardware and software for transferring their data and information. In spite of this, the cloud based smart phone applications made the system made these transfers easy and effective accordingly the contemporary scenario. Enhanced features and functionalities : New cloud applications are easy to operate the within the smart phones in order to maintain the effectiveness of the operations at present situation. In addition to this, enhanced features and functionalities of system provide more effectiveness to the users with respect to their demands and needs in the contemporary timing (Garg, Versteeg & Buyya, 2013). The technical feasibility and effective functional options provided through the cloud puting applications in the smart phones enhances the speed of operations as well as this ensures about the accuracy of the results collected from the cloud puting applications. Ease of access : Cloud provide various kinds of access to the users as this provides private, public and protected services to the users. All of these access patterns are easy to be operated by the users (Kovatsch, Lanter & Shelby, 2014). This accessing the process is not dependent on the place, time and other aspects related to the users applications. In addition to this, mostly the organization uses the private and protected features. Some cloud hosts provide the public access to their data in order to maintain its features. Broader reach of the users : Cloud features can be used globally that defines the effectiveness of the system architecture of the cloud puting approaches (Park & Kim, 2014). In addition to this, there is various other technical feasibility analysis that ensures about the effectiveness of the cloud puting over smart phone applications.   Cost effectiveness of the system architecture as well as the vendors : Now a days the cloud vendors are easily available and any organization or institute can utilize the cloud services within selective cost structure within their premises (Rodrà ­guez-Garcà ­a et al., 2014). Greentek is one application development organization that mainly deals with medical research and development aspects. In contrast with this fact, the organization wants to migrate their system architecture to the PaaS system of cloud system (Sunyaev & Schneider, 2013). In contrast with this fact, there are various challenges as well as various benefits involved in this migration process. These challenges and benefits are elaborated in this part of the report. These are given as follows: Quick Development and Testing : Greentek can easily cope up with the different configurations and developmental features of the system architecture. In addition to this, the deployment and development team of Greentek can easily operate multiple machines at different locations as per their demands (Willcocks & Lacity, 2016). In contrast with this fact the testing and other important development features can be tested with the help of PaaS application within the organization. Dynamic allocation : In accordance with the petitive market places, IT departments need the flexibility and operational excellence for implementing new application within the organization (Zhang, Cherkasova & Loo, 2015). Dynamic allocation provides effective testing opportunities and market analysis with the help of cloud application support. Increased focus for business and international entrepreneurship : The organizational heads are responsible for the effective decision makings and other important aspect involved within the system architecture of the Greentek. This aspect allows the organizational heads in solving various issues that helps them to focus on the international requirements of business (Zheng et al., 2013). In contrast with various kinds of benefits of PaaS applications, there are various challenges that are included within the Greentek. These challenges are elaborated as follows: Data security : Like other cloud puting applications, PaaS also involves various technical and data security related issues within the system architecture of Greentek. This aspect reduces the technical feasibility of the system architecture (Chandramouli, Iorga & Chokhani, 2014). The third party hosts involves various malicious codes and effective threats within the system architecture of the organization. Limited Flexibility : The PaaS solution cannot match with the IaaS applications or solutions within the organizational structures (El Amraoui & Sethom, 2016). The product of PaaS does not match in patibility with the SaaS products. This aspect also reduces the effectiveness of the system architecture in PaaS applications in Greentek. Customer Captivity : The customer captivity with the help of limited number of PaaS vendors is not enough to serve them better way (Garg, Versteeg & Buyya, 2013). This aspect also reduces the effectiveness of the system offerings of the PaaS. Problems of integration : There is various integration issues involved within the system architecture of the PaaS applications. This application can trigger the increase of plexity of the system. Greentek wants to implement the SaaS application in order to improvise their system architecture. In contrast with these facts, there are various challenges of SaaS applications and these are explained as follows: Security and privacy challenges : SaaS is nothing but the application of clod base and it involves various security and privacy threats within the system architecture within the technical domain of Greentek. This aspect is considered as one of the most effective challenges of Greentek. Hybrid IT infrastructure : SaaS is one of the most plex hybrid architecture that offers various plexities within the system architecture of Greentek. Once the organization bines its existing system architecture with the cloud applications then it b es more plex than the previous one (Kovatsch, Lanter & Shelby, 2014). Complex architecture : plex architecture is another disadvantage of the SaaS applications involved within the system architecture of the Greentek. In addition to this, the plex architecture involved within SaaS cloud set up makes the operations tough to be managed (Park & Kim, 2014). Lack of skills among employees :   Most of the time, the employee does not have proper skills and effective knowledge about the system architecture of Greentek (Rodrà ­guez-Garcà ­a et al., 2014). This aspect reduces the chances of managing the plex system architecture of Greentek. Access challenges : In contrast with various disadvantages of the SaaS, access challenge is another disadvantage of SaaS applications. Whenever any organization or system heads are using the tools of SaaS, access control b es a difficult challenge for them (Sunyaev & Schneider, 2013). Any traditional software offers various monitoring setting to the users in order access the information and data within the cloud. In contrast with this fact, the SaaS applications does not provide this controlling measures to the users in order to maintain the system architecture and various other functions. Time constraint : Time constraint is another technical disadvantage of the SaaS applications within the system architecture (Willcocks, & Lacity, 2016). As the plexity of the system architecture is increased due to the SaaS implementation process, time constraint makes the system architecture more inefficient in Greentek. Faulty integration : Faulty integration is another disadvantage of the SaaS application within Greentek. In addition to this, the accounting and sales data are not synced with the system architecture of SaaS application (Zhang, Cherkasova & Loo, 2015). This is known as the faulty integration of the SaaS application within any organization. Uploading of files and other aspects that are important to be connected may create issues during the transfer of files and data. This report is elaborating all the benefits of the cloud puting in the field of Smartphone applications in the present era. This assignment is considering Greentek, one application development organization that wants to implement SaaS within their organization. In contrast with this fact, various benefits and challenges are being elaborated in this assignment. Chandramouli, R., Iorga, M., & Chokhani, S. (2014). Cryptographic key management issues and challenges in cloud services. In  Secure Cloud puting  (pp. 1-30). Springer New York. El Amraoui, A., & Sethom, K. (2016, March). Cloudlet Softwarization for Pervasive Healthcare. In  Advanced Information Networking and Applications Workshops (WAINA), 2016 30th International Conference on  (pp. 628-632). IEEE. Garg, S. K., Versteeg, S., & Buyya, R. (2013). A framework for ranking of cloud puting services.  Future Generation puter Systems,  29(4), 1012-1023. Kovatsch, M., Lanter, M., & Shelby, Z. (2014, October). Californium: Scalable cloud services for the internet of things with coap. In  Internet of Things (IOT), 2014 International Conference on the  (pp. 1-6). IEEE. Park, E., & Kim, K. J. (2014). An integrated adoption model of mobile cloud services: exploration of key determinants and extension of technology acceptance model.  Telematics and Informatics,  31(3), 376-385. Rodrà ­guez-Garcà ­a, M. à ., Valencia-Garcà ­a, R., Garcà ­a-Sà ¡nchez, F., & Samper-Zapater, J. J. (2014). Ontology-based annotation and retrieval of services in the cloud.  Knowledge-Based Systems,  56, 15-25. Sunyaev, A., & Schneider, S. (2013). Cloud services certification. munications of the ACM,  56(2), 33-36. Willcocks, L. P., & Lacity, M. C. (Eds.). (2016).  The new IT outsourcing landscape: from innovation to cloud services. Springer. Zhang, Z., Cherkasova, L., & Loo, B. T. (2015). Exploiting cloud heterogeneity to optimize performance and cost of MapReduce processing.  ACM SIGMETRICS Performance Evaluation Review,  42(4), 38-50. Zheng, Z., Wu, X., Zhang, Y., Lyu, M. R., & Wang, J. (2013). QoS ranking prediction for cloud services.  IEEE transactions on parallel and distributed systems,  24(6), 1213-1222.

Capital Punishment Research Paper Example | Topics and Well Written Essays - 1250 words

Capital Punishment - Research Paper Example According to recent statistics only 58 countries actively practice capital punishment, while 96 countries have abolished it. This goes on to show the changing trends in the global arena where countries have opted to treat their prisoners in a more civilized manner instead of using inhumane ways of executing them. Capital punishment is a topic of active controversy and debate in various countries, and positions vary drastically within a single political ideology, cultural region, religion and government entities. EU member states are prohibited the use of capital punishment as stated in their Charter of Fundamental Rights. Amnesty International considers most countries abolitionist now since United Nations has taken steps to eradicate Capital Punishment. Nevertheless, it is interesting to know that more than 60% of the world’s population currently lives in countries where death penalty is used on a regular basis as a means of punishment for serious offenders. These countries in clude China, India, US and Indonesia, which are also the four most populous countries in the world. The most common way of performing capital punishment in the US is by lethal injection. Hanging, gas chamber and electric chair have become less popular as they are regarded more painful for the victim. More historical ways of executing include breaking wheel, slow slicing in China, firing squad and beheading. A very prominent way to punish people in France during the 18th century was beheading them. A special purpose â€Å"guillotine† was made in which the decapitation was made fast and easy. Thousands were beheaded in front of public gatherings to give everybody a lesson to never forget. In 2010, there were a total of 46 executions in the US, 44 by lethal injection and one each by electric chair and firing squad. Latest polls by The Gallup Organization show that 61% of Americans favored Capital Punishment in cases of murder while 35% opposed it. The opponents of death penalty opt for life in prison without parole as a better and more humane option than taking away the life of a human being. The Supreme Court of US essentially nullified the death penalty in 1972 and ordered the conversion of the death sentences of hundreds of death row inmates to life in prison. Nevertheless, a future ruling by Supreme Court in 1976 declared capital punishment to be a part of Constitution and therefore allowed states to reinstate it under certain circumstances. (Times, 2011) Hence, from 1976 to 2009 there have been roughly 1,160 executions in the US. China tops the list of most executions in one year, with nearly 1,700 executions in 2008 alone while Iran and Saudi Arabia followed by 346 and 102 executions each. United States is ranked 4th in 2008 with an estimated 37 executions. This number varies from year to year within the same range but opponents of capital punishment struggle to abolish execution from the legal proceedings of the court’s verdict. This decreasi ng trend in the execution by lethal injection can be attributed to one prominent factor that is the shortage of one of the three drugs that is used in most lethal injections. This national shortage backed by reluctant European manufacturers has created a sense of disarray among several prison authorities who have run out of doses to carry out their pending executions. This has resulted in several delays as international groups and communities continue to persuade US government to completely abolish capital punishment