San Francisco Bart strike Essay Example | Topics and Well Written Essays - 250 words

San Francisco Bart strike - Essay Example to Reuters, the previous strike and â€Å"The July work stoppage caused between $73 million and $100 million a day in lost productivity for riders, said Rufus Jeffris, spokesman for the Bay Area Council, which studies the local economy.†(October 20, 2013)This is awesome. The present strike within a period of three months has disrupted the economy of San Francisco from all ends. Technological advancement and internet revolution have caused genuine problems for the workers and when advanced technology procedures are introduced, there is the distinct possibility of labor strength being curtailed and a stoppage to new recruitment. The promotional avenues for the existing staff are affected. All these factors lead to discontentment. For example, when computers were introduced in the Banking system, with one computer capable of doing the job of at least ten assistants, it affected job prospects for educated youngsters. But that cannot be the reason for strikes, as technological advancement is the national goal and it is not possible to stop it to please one section of the people To end such a fiasco, highly responsible leadership that will be able to communicate with the mammoth membership of workers effectively is needed. Trade union is a responsive organization. If the organization is not there, where is the union? Similarly if the health and economy of the organization is affected, in the long run it will affect the worker’s interests also. The State and the Federal authorities need to pay serious attention to this so save the people from precarious situations on account of such strikes. . Political interference in the union (some of the political leaders occupy top positions in the trade union hierarchy) matters is the root cause of most of the

Ambition Essay Example for Free

Ambition Essay You should be familiar with the proverb â€Å"Hitch your wagon to a star. † The logic behind this proverb is simple. If you do not aspire for something great, you will not strive for the goal set consequently leading a life of regrets. Living a life of regrets determines a path less than desirable when you can follow the road of greater choice and be ambitious and go forth to lead a fulfilling and rewarding life. An ambition is an eager desire for honor, superiority, power, and the attainment of something set as a goal, accomplishment, or achievement. Ambition comes from the Middle English word â€Å"ambicioun,† meaning and excessive desire for power, money, or wealth. Ambition is something that you, no matter your age or cultural background, have inside of them. Ambition can be a driving force for success, or in some cases a road to failure. Through ambitious undertakings you can set goals and find yourself using your God-given talents. You too can have a dream! My ambition or goal in life is becoming a doctor. Since I was a young girl watching my Mom working at the hospital I have dreamed of wearing that white coat and the stethoscope. My earliest memories include the stories from my mother with regard to caring for patients. You can believe that one day you will be able to see me look into my patient’s eyes and be able to know exactly how to diagnose and mend that person’s ailment. The road to making my dream a reality will not be easy, nor can you expect your dreams to be easy. Each one of you will have many great college classes, labs, examinations, and sleepless nights ahead in the years to come. But, in the end you will know it is worth all the hard work and sacrifice and you will be able to stand proud knowing that it was your ambition that allowed you to achieve success! In choosing medical school you would have to do well on the MCAT (Medical College Admission Test) and hearing that that examination is brutal makes me want to achieve success even more! Well my journey has begun here in Colorado and with God’s grace making good grades will allow me to be accepted into a medical program that will require ambition and drive. Specializing in Neonatology will require me to ocus each day using ambition to proceed forward in my career. Neonatology is the medical specialty of taking care of newborn babies, sick babies, and premature babies. You can also use ambition to move forward with your goals you may have set forth. This is my ambition making me believe that with hard work and determination you can achieve! Helen Keller rightly echoes these sentiments when she says â€Å"Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, Ambition inspired, and success achieved. †

History KFC Holdings MBhd First

History KFC Holdings MBhd First After a successful restructuring exercise, KFCH has emerged as a strong player in the Malaysian corporate world with a high reputation for excellent products, efficient friendly service and financial strength. Indeed, KFCH is the only KFC restaurant operator in the world whose Western Quick Service Restaurant market share is greater than that of McDonalds. KFCH is part of QSR Brands Bhd (QSR Brands) .QSR brands is a leading and fully-integrated quick-service restaurant enterprise and the local franchisee and operator of the KFC and Pizza Hut restaurants. QSR Brands is a subsidiary of Kulim (Malaysia) Berhad which conglomerated focusing mainly on palm oil operations, oleochemicals, biodiesel production and quick service restaurants. Besides that, Kulim (Malaysia) Berhad is under Johor Corporation as well. The first KFC restaurant in Malaysia was opened on Jalan Tunku Abdul Rahman in 1973. The Company was operating 475 restaurants across Malaysia, 77 stores in Singapore, 9 restaurants in Brunei and 72 restaurants in India as of December 31, 2009,. The Company had a total of 43 RasaMas restaurants in Malaysia and Brunei and 35 Kedai Ayamas stores across Malaysia in 2009. On December 15, 2009, the Company had acquired the entire issued and paid-up capital of Rasamas Terminal Larkin Sdn Bhd and Rasamas Melaka Sdn Bhd. When KFC Holdings (M) Bhd is going successful in fast food industry, it now is more concern toward to charity and community program. In year 1995, KFCH initially launched a Projek Penyayang but now already become a part of Tabung Penyayang. There are more than 66 charitable homes and institutions get the benefit from their fund around Malaysia. In that year, the company also implemented a special programme that each home will be given a meal treat of the finger licking good fried chicken every quarter of the year. The Tabung Penyayang which launched in year 1997 helped a lot of orphans, disabled, homeless and needy children around Malaysia. They get fund from the companys revenue from the collection of 10 cents from the sale every of Chicky Meals Tabung Penyayang KFC Collection Box as an extension to the Tabung Penyayang KFC programme in August 1999. Collection boxes are placed at all KFC restaurants so that customers can contribute and be part of this charitable effort. Tabung Penya yang has helped strengthen even more our relationship with the Malaysian public in the charity program. Financial Performance of KFC Holdings (M) Bhd According to the RHB Research Institute Sdn Bhd on 23 June 2010 of Corporate Highlight about the share split, bonus and warrant issue information, the major shareholder is QSR Venture with holding 50.30% share. The second major shareholder is Lembaga Tabung Hasil with 24.80% while Airsaig Asean Fund also holds 6.9% of share. The share price of KFC (3492) in KLSE is RM10.50 and the volume is 294,000 in last update on 13 August 2010 at time17:10:13. KFC Holdings gained RM167 million and make the profit of RM320, 000 until 30th September 2009. There have a rise of 6% in fast food restaurants profit if compare to previous years profit. The KFC Company reported revenues of RM2, 179.79 million during the fiscal year ended December 2008, and an increase of 25.97% over 2007. The operating profit of the company was RM 175.02 million during the fiscal year 2008, an increase of 8.08% over 2007. The net profit of the company was RM 118.54 million during the fiscal year 2008, an increase of 13.68% over year 2007. The total asset either current asset or non- current asset are increasing from year 2008 to 2009. For the equity part, the retain earning of company increasing RM40, 513 to year 2009. The company still keeps it as reserve for emergency use. The short term loan had been decrease RM20, 000 from year 2008 to 2009. It is a good sign to reduce of borrow loan. But the total equity and liabilities increase from RM603, 539 in year 2008 to RM626, 232 in year 2009. There is an increase of RM22, 873 within one year. KFC Holdings (Malaysia) Bhd. has announced that the company will give a final dividend of RM 0.16 less 25% Malaysian income tax per share for the year ended 31 December 2009. The dividend paid on 27 May 2010.   In next year , the KFC Holdings Malaysia Bhd plans to invest RM 45 million to expand at least 20 new outlets in 2011 .Of the 20 outlets nationwide, 12 outlets will be under the drive-thru concept. In this year, KFC also will launch a new menu- Hot Spicy menu in Kuala Lumpur in coming 3 August. The company was expecting has about increase 10 % sales On the new Hot Spicy Shrimp menu, the company was expecting to drive its during the promotion period from 3 August to 30 September 2010. Besides that, KFC Holding wishes to expand the sausage capacity as it Port Klang plant to double digits sales growth at the end of year 2010 from the currently 500 tonnes to 1000 tonnes. Task 1 KFC Holdings (M) BHD has expanded their business aggressively in these few years. There are lots of new branches being set up in Malaysia. Therefore, the management team also exposed to several new challenges in managing or maintaining their profit level. After viewing the information about the company, we found out that the company has well utilized its labor force, machinery, and managerial skill in expanding their business. There is no doubt that they have implemented their plan very well in managing the company because it is easily for us to see that their outlets have been built up in a very fast rate. However, we also found out that there is an unfavorable issue that has occurred in the company which is, the profit of the company is declining slightly in the last few years. This reduction in the net profit is a big deal that the company should pay more attention in solving it in order to place the company in a well situation. But, what is the main reason that caused a company w ith a very nice performance and a well management team to encounter with such problem? Since the management team of KFC Holdings (M) BHD is well managing, they should have an increasing net profit instead of a decreasing net profit throughout the years. However, after a deep consideration on this unfavorable matter, we have concluded that the company should reduce its cost in order to shift away from this situation and thus, increase their profitability. So, we should primarily focus on the cost issue to help the company to overcome this problem. So, we suggest the company to invest in a new asset which can eventually help the company to save their cost. Since the cash flow of the KFC is tighten up by its cash flow, a high-tech machine likes ice cream maker, which require a large amount of fund for the initial investment is definitely not suitable for the company. We should create a product that can help the company to save up their cost and which will not become a burden for the company. After a discussion, we suggest that the new asset that the company should invest in is a new design of sauces container which can be a replacement for the bottle of sauces that the company is currently used. As we know, the KFC Holdings (M) BHD normally served the customers with two kinds of chili sauces and tomato sauce. So, what is the problem with their sauces? Normally, they will serve the customer with their sauces, either chili sauce or tomato sauce in the original bottle of their supplier. Apart from the problem of cost, as the compan y serves the sauces in the form of bottle, it will actually bring a lot of inconveniences to the company. It is because each bottle of sauces requires the firm to leave out a space to keep the sauces in a safety place which will cause the firm to spend a portion of fund to acquire a store. The money that the company used in maintains the condition of store will increase the cost of the company indirectly. So, back to the main reason of our problem, the bottle that the supplier used in filling up the sauces actually will cost the company more due to its high cost in producing it. As we know, the purpose that the supplier use a glass bottle to fill in the sauces is to longer the expired date of their product. However, it will also increase the cost of firm to acquire such product because the material, which is the glass bottle that being used by the firm to produce it is very high. So, we suggest the company to invest in a new design of sauce container which can eliminate the use of the glass bottle in their retail shops. They can actually save a lot of money from using the well-designed container. The design of the container of the sauces allowed the firm to fill up the sauce in it without using any bottles, which can eventually reduce the cost of the firm. We will design the container in a very creative shape and it will require the customers to squeeze on the plastic form container in order to get the sauces. It will not only save the cost but also increase the customers favorable over this new product. Furthermore, the cost to invest in this new asset will not be very high because it is being created in the high quality plastic form. However, we will require a steel stand to support three of the sauces plastic containers. Although the container is in the plastic form, but each of the containers can fill in about ____ml of sauces which require a stable stand to support its heavy weights. Not forget to mention again, the company will serve the customers with three kinds of sauces which mean there will have three containers being supported by the steel stand. Well, we also know that the cost of obtaining a stand that is made up by steel is not that cheap. However, it will also help the company to save a lot of cost in a long term view. Besides that as the container can be refill for many times, the company can require the supplier to provide the sauces in a plastic form which can eventually eliminate the higher cost of obtaining it in a glass bottle form. Moreover, by obtaining the sauces in plastic form from the supplier, the staff can refill it into the new designed sauce containers easily. Frankly, the cost of obtaining the sauces which is packaging in plastic is definitely lower than the cost to obtain the sauce which is packaging in a bottle. Well, we know that the supplier of the sauce, LIFE brand sauce is a _____ with the company which has already provided the sauce to KFC in a lower price. However, the reduction in the cost of packaging the sauce will then reduce the cost for KFC to obtain the sauce. The KFC Holdings (M) BHD can still get the sauces from its supplier in a rate that is far lower than before. Besides that, with the creativity in the design of the container, the company can actually attract more customers into it indirectly. We have confidence that the creative design of the container will attract the attention of customer, especially kids. This is one of the ways to increase the sales and to ensure that the customers will consume in KFC again. Furthermore, we can see that the stolen case can be happened easily if the company served the sauce in a bo ttle because the customers can get it easily without noticing by the workers. Customers who have the incentive in stealing it will find that it is not hard to be done if the sauces are being served in a glass bottle because they can just put it in their hand bag after dining in the retail shop. So, the stolen cases can be prevented if the company served the sauces in the well design container because the customers do not have a container to fill in the sauces. Thereby, increase the profitability of the company. Replacement Asset Installed cost per outlet Cost of new asset (380+10950) 11,330 Installation cost 100 Total installed cost 11,430 After tax from sale of old asset 27,375 Change in net working capital Current asset 39,570.53 Current liabilities 3,867.37 Total changes 35,703.16 Initial investment 19,758.16 Installed cost per 475 outlets Cost of new asset (11,330 x 475) 5,381,750 Installation cost 47,500 Total installed cost (11,430 x 475) 5,429,250 After tax from sale of old asset (27,375 x 475) 13,003,125 Change in net working capital Current asset 18,796,000 Current liabilities 1,837,000 Total changes 16,959,000 Initial investment 9,385,125 Analysis of Replacement Asset The price for a bottle of sauces either chili sauce or tomato sauce will be RM2.50. We assume that a KFC outlet will used up ten bottles per day which cost RM75 (3 x RM2.50 x 10). Therefore, it will cost RM27375 per annually for the company to acquire the sauces from the supplier. For 475 outlets in Malaysia, it cost up RM13003125. However, by replacing the bottle with sauces container it will only cost the firm with the total amount of RM11430 per year which means RM5429250 for 475 outlets. From the RM11430, it consists of RM380 of three containers for sauces, RM10950 for the sauces which is packaging in a more cost efficiency way, and the RM100 of the installation cost for the containers. Assuming a package of sauce will cost the firm RM3 and the firm will consume ten packages per day for a year. Based on the annual report of KFC Holdings (M) BHD, the changes in net working capital is RM16959. With the entire figure above, we can generate the initial investment of RM 19758.16 per o utlet and RM 9,385,125 for 475 outlets. Operating Cash Flow (Present) 2010 2011 2012 Revenue 77635000 85710000 88801300 Expenses 3327300+13003125 16757925 16900425 (16330425) 61304575 68952075 71900875 (Proposed) 2010 2011 2012 Revenue 77635000 85710000 88801300 Expenses 8756550 9184050 9326550 68878450 76525950 79474750 With present asset 2010 2011 2012 Revenue 77635000 85710000 88801300 Expenses 16330425 16757925 16900425 EBIT 61304575 68952075 71900875 Taxes (40%) 24521830 27580830 28760350 NOPAT 36782745 41371245 43140525 Operating cash inflow 36782745 41371245 43140525 With proposed asset 2010 2011 2012 Revenue 77635000 85710000 88801300 Expenses 8756550 9184050 9326550 EBIT 68878450 76525950 79474750 Taxes (40%) 27551380 30610380 31789900 NOPAT 41327070 45915570 47684850 Operating cash inflow 41327070 45915570 47684850 Initial investment RM 9,385,125 Cost of capital 11 % Cash flow Year 1 RM7573875 Year 2 RM7621375 Year 3 RM7621375 NPV RM 9196548.45 IRR 61.87 % Cost of debt 50% from retained earning ( RM4700000) 50% lending from bank (RM 9,385,125 4700000) RM 4685125 Cost of retained earnings 30%, weighted 0.50 Cost of debt, 61.81% (similar with IRR), weighted 0.50 WACC = (cost of retained earnings x weighted) + (cost of debt x weighted) = ( 30% x 0.50) = (61.81% x 0.50) = 15% + 30.91% = 45.91% IRR > WACC, accept the asset 61. 81% > 45.91% Financial leverage Total dividend to shareholders : RM32715000 Total dividend to common stockholders : RM23793000 Total dividend to preferred stockholders : RM8922000 Number of shareholder: 178,275,000 Income statement Of Leverage (RM000) sales revenue 77,365 Less: cost of good sold Gross Profit 77,365 Plus: Other income 35,598 Less: operating expenses 33,273 Earnings before interest and taxes (EBIT) 79,690 Less:Interest Net profit before taxes 79,690 Less: Financial cost 1,805 Profit before tax 77,885 Less:Taxes 4,669 Net profit after taxes 73,216 Less: Preferred stock dividends 8,922 Earnings available for common stockholders 64,294 Earnings per share (EPS) 32. 43 Income statement Of Leverage (RM000) sales revenue 77,365 Less: cost of good sold Gross Profit 77,365 Plus: Other income 35,598 Less: operating expenses 33,273 Earnings before interest and taxes (EBIT) 79,690 Less:Interest Net profit before taxes 79,690 Less: Financial cost 6,490.125 Profit before tax 73,199.875 Less:Taxes 4,388.333 Net profit after taxes 68,811.542 Less: Preferred stock dividends 8,922.000 Earnings available for common stockholders 59,889.542 Earnings per share (EPS) 33. 59 Task 2 Merging Benefit of merging Dutch Lady  Milk Industries Berhad is the company that we choose to merge together with KFC Holdings (M) Berhad. The reasons that we want to merge this two companies together are because this merger will provide a lot of benefits to both of the companies. However, we will discuss about the type of mergers that we used in merging this two companies together first. As what we know, there are four types of mergers which are horizontal merger, vertical merger, congeneric merger and conglomerate merger. After a deep consideration about the condition of these two companies, we have suggested both of the companies to merge through vertical merger. So, what does a vertical merger means? It is a merger in which a firm acquires a supplier or a customer. It is normally happened between two companies that producing different goods and services for one specified finished product. Since the Dutch Lady  Milk Industries Berhad is a company that mainly produces natural and nutritious products tha t people are pursuing nowadays. So, we hope that the merger between these two companies can bring out a new product that is primarily focus on the health of the people. So, we will discuss the product that these two companies will produce in more details after the successful of the merger between them. Firstly, KFC Holdings (M) Berhad which is a fast food restaurant will acquire the natural and nutritious products such as milks or yogurts from Dutch Lady  Milk Industries Berhad . After that, it will introduce a new combo set which comes together with the healthy products that is provided by Dutch Lady  Milk Industries Berhad. This idea comes out from our minds because we know that people are showing their great concerns on the problem of healthy nowadays. Normally people will think that having fast food will affect our healthy and adults will inhibit their children from eating fast food as a result. This effect will definitely affect the sales of KFC Holdings (M) Berhad indirectly. So, we must discuss a method to solve this problem upside down. After configuring the factor that caused this problem to arise, which is the peoples mind set of fast food will bring negative effect to our health, we have also come out with a well solution. The solution is that we will acquire the healthy products from Dutch Lady  Milk Industries Berhad and combine with the products of KFC Holdings (M) Berhad which can reflect a good image that the combo set is something good to our health. Furthermore, we have think of two kind of new combo sets after the merger which one is mainly focus on adults and another set is focus on kids. Firstly, we will acquire the package milks from the Dutch Lady  Milk Industries Berhad and combine it with the kid meals. Apart from that, we will acquire the milks not only in one flavor but in three different flavors which are original, strawberry and chocolate. It is because we know that the kids nowadays might have different demands on the drink choices. Some of them might show preferences over strawberry flavor and some others might show their preferences on chocolate. So, it is good to have more choices for them to choose in order to prevent any unwanted consequences. As what we know, milks are the best nutrition that everyone needs to maintain their health. So, the parents might not be so aggressive in inhibiting their children from eating the fast foods if we combine it with milks. Then, the sales in KFC Holdings (M) Berhad will boo st up greatly as a result too. Besides that, we will also combine the three flavors of milks with the normal sets in KFC Holdings (M) Berhad. However, we will also provide the yoghurts as a dessert in the combo set. There are so many flavors of yoghurts that are provided by Dutch Lady  Milk Industries Berhad such as aloe Vera, blackberry, strawberry or mix fruits. Yogurts has provided a lot of benefits to people such as preventing yeast infection, strengthening immune system, enhancing digest system and relieving ulcers. Furthermore, people are showing their great concerns on their weight nowadays, especially girl. So, having a yogurt right after their meals can enhance their digestion system which can help them to maintain their weight and health indirectly. So, we have confident that this combination of normal set with yogurt will bring out a good response from the customers. Well, we will discuss in details about the benefits that come along with the vertical merger between this two companies. The benefits from the merger are: Increased managerial skill or technology Increased the competitiveness in the market Growth or diversification Synergy 1. Increased managerial skill or technology A proper merger can enhance the performance of the company when a target company can provide the managerial personnel or technical expertise needed by the acquire company in expanding their business. Sometimes, a firm might fail to participate in a great opportunity in expanding their business due to the deficiencies in certain areas of management or an absence of needed product or production technology. As in our suggestion, the Dutch Lady  Milk Industries Berhad will provide some healthy products such as milks and yogurts to the KFC Holdings (M) Berhad which will then produce a nice healthy image to the public. Besides that, the merger of two companies can improves their ability in research and development as both of them can spend a huge amount of money in such process. This will eventually improve the quality of products for the customers and increase the profit for both companies. Both of the companies can actually cooperate in carrying out a research in how to enhance the qua lity of foods that are expected by the customers. After the merger, they can carry out the research together at a cost far more lowly than other individual company. This is the benefit for a merged company as they can keep improving their products and gain sales from it. Furthermore, by acquiring the managerial skills from both of the companies, they can actually share their opinions or suggestion on how to improve the quality of products and boost up the sales indirectly. Normally, different people will have a different view on something, thus, both of the companies can gain different suggestions and think of a best way to deal with the problem. Thereby, the problem that faces by the company can be solved faster and easier. There is no doubt that a merged company will have a better managerial personnel or technical expertise in managing the company. 2. Increased the competitiveness in the market We can easily see that a merged company can increase their competitiveness in the market when compare to their competitor. It is because that the merged company can gain the asset, skill, technology of the target market which will increase their potential in gaining benefit over their competitor. Besides that, their market value will also increase significantly as a result. As in our example, the KFC Holdings (M) Berhad can gain benefit from the healthy image which is being created by the Dutch Lady  Milk Industries Berhad. People will change their mind concept towards the fast food due to the healthy image of those natural and nutritious products provided by the Dutch Lady  Milk Industries Berhad. Furthermore, Dutch Lady  Milk Industries Berhad can also gain the benefit of the increasing in their sales. Apart from that, they can provide customers with a wide range of services by merging. Nowadays, people are looking for a company that can provide them better services just like what the KFC Holdings (M) Berhad do, such as provide them a product which exceeds what they expected the company can provide. Therefore, the merge company can gain advantages over other company which will help them to hold existing customers and attract new customers into their company. 3. Growth and diversification A proper merge between two companies can help both of them to fulfill a desire rapid growth in size or market share or diversification in the range of their products. Normally, a company will need to pay its supplier the cost to acquire the materials such as the cost of materials or any other extra charges that being charged by the supplier in processing the transaction. Sometimes, the cost for acquiring the materials can be a big burden for the company as it will reduce the revenue of the company. In our example, after the merged, the KFC Holdings (M) Berhad is free to get the products at the base cost and does not have to pay any extra charges to the Dutch Lady  Milk Industries Berhad who is currently looking to make a profit from the sale. This allows the company to have less money tied up in production of a good and will increase their revenue. Besides that, the money that being saved up from the cost of material can actually use by the company in expanding their business or ac quiring another asset that is useful to the operation of the company. The company should use the money that is saved from the materials wisely in order to achieve the target of the company which is fulfilling a desire growth. Moreover, the merged company can actually fulfill the target if they invest the money in a profitable investment or use it to extend or expand its product line. By doing so, they can actually experience a rapid growth in their sales and increase the total revenue and net income. Besides that, the growth of the business after merging might remove or scare a potential competitor off. Therefore, the merged company can sustain in that industry with its powerful strength in the future. 4. Synergy The synergy can be considered as the economies of scale that results from the merged companys lower overhead. The economies of scale achieved from lowering the combined overhead increase the earning of the merged company to a level greater than the sum of the earning of each of the independent company. So, what does economies of scale means? An economy of scale is a common thing that applies to most of the company in the market. All of the companies will try their best to strive for economies of scale which is, the average cost incurred in manufacturing a product can be reduced if the company requires a large investment and output. So, when two companies are being merged together, the total output increases can benefit them through economies of scale. When raw materials are purchased in large amount or quantities, the merged company can actually get a huge discount on their purchase. As in our example, after the merger, the KFC Holdings (M) Berhad will acquire the products such as mi lks and yoghurt from the Dutch Lady  Milk Industries Berhad and comes out with a new combo set. The product demanded from KFC Holdings (M) Berhad can actually increase the sales of the Dutch Lady  Milk Industries Berhad. Therefore, they need to produce the milks and yoghurt in an even large quantity than before in order to produce sufficient quantities that are required by the KFC Holdings (M) Berhad. So, have to get more raw materials in processing the products and they will experience the benefit gained from the economies of scale in the end. Lastly, actually both of the merged company can gain benefit from such merger because the KFC Holdings (M) Berhad can acquire the products at a cost that is far lower than original and the Dutch Lady  Milk Industries Berhad can experience a significant increase in their sales. It has shown that a proper merger will benefits both company and increase their profitability.

Proposal for Improved Raw Material Tracking Program :: Business Manufacturing

Business requirements Tracking Raw Material and Work in Process: To maintain a maximum, efficient level of raw material as well as lowest costs for production is essential for the production department. o A system which can estimate and track the optimum level of raw material reduces the cost for production procedure, o It must be able to monitor the storage level of raw material and communicate with the public demand for drugs as well. o The system should also provide a shared database between ECOLI and its suppliers, to shorten the time of ordering and delivery raw material. o Since some of the raw materials are intermediate goods buy from suppliers, the system must have a capacity which can monitor the production procedures and materials suppliers use, to avoid suppliers to charge a higher price. o The system should have a historical disease database. Since lots of important chemical materials are extracted from fossil fuel, the company needs to store extra fuel in order to handle disastrous diseases (SARS, bird flu, etc.) base on past historical trends. This storage strategy can also get rid of the risk of price increasing. o Chemical raw material has very strict requirements on surrounding environment. Thus, the system must be able to sort chemical raw material by their characters (temperature, smell, chemical property), to reduce the probability of chemical inter-pollution since they have very strict requirements on surrounding environment. o The system should records all information of raw material, including the name, purchase date, opened date and expire date, to lower the turn over rate and the unnecessary waste of raw material. o The system should have a function to monitor water quality. Drugs produced with non-sterile water is defective, and must be destroyed because they may already been polluted. Suppliers Selection Suppliers should be carefully selected based on the qualities and prices of the raw material as well as their reputation. o An information system should list all contracted suppliers and their business scopes. If one of supplier couldn ¡Ã‚ ¦t deliver the raw material on time due to unexpected reasons, the company can contact alternative supplier quickly, and the whole production process won ¡Ã‚ ¦t be delayed. o The system should records all business transactions between ECOLI and its suppliers. Suppliers who had unethical records (using expensive materials to earn profit) cannot be used again. Quality Control o In order to shorten the inspection time on outputs, the system should be able to instantly summarize the inspection results of the testing sample and keep the quality controllers informed of the most updated quality of outputs.

Myth and Thomas Jefferson Essay

Essay: Topic: Compare and Contrast â€Å"Thomas Jefferson’s first inaugural address† (Chapter 15 in Readings in United States History) and â€Å"Hope and Heritage: Myth and Thomas Jefferson†, (Chapter 14 in Readings in United States History) â€Å"Do you want to know who you are? Don’t ask. Act! Action will delineate and define you.† (By Thomas Jefferson). Thomas Jefferson, who was born on April 13 1743 and died on July 4 1826, was the son of a wealthy uneducated planter from Western Virginia. He was the first to go to College in his family and he attended the College of William and Mary. He was dreaming about a society where men would be judged by what they have accomplished and by their taste .He was the third president of the United States of America (From 1801 to 1809) and also the first United States Secretary of State (From 1790 to 1793 ).He was much more: founder of the University of Virginia. Philosopher, cofounder of the oldest political party in the nation, coauthor of the Declaration of Independence. In this essay, we are going to compare and contrast â€Å"Thomas Jefferson’s first inaugural address† (Chapter 15 in Readings in United States History) and â€Å"Hope and Heritage: Myth and Thomas Jefferson†, (Chapter 14 in Readings in United States History). In his book â€Å"The Jefferson image in the American Mind (1960), the writer Merrill Peterson is basically showing how American’s people see Thomas Jefferson. They have always seen him as a particular man, a symbol for the United States of America .Therefore, many people took their time to find out something wrong about that man. The man who started criticizing him as probably the writer Leonard Levy’s in his Book â€Å"Jefferson and Civil Liberties: The Darker Side†. In Chapter 14 â€Å"Hope and Heritage: Myth and Thomas Jefferson†, Gordon Wood really talks about Jefferson’s personal life. Thomas Jefferson is described as someone who had passion for partisan persecution, someone who didn’t care about the civil liberties,  someone who thought he was morally perfect and used to judge people around him. In the chapter, they are comparing him to his friend James Madison. Thomas Jefferson wasn’t thinking about the country like Madison when he was taking decisions. While taking his decisions, he was mostly concerned about what his French friends would think of it than the needs of the American population. The main portion of Jefferson’s life, was his fight to abolish slavery. As it is written in this chapter, Thomas Jefferson hated slavery. He worked really hard to eradicate it in New Western territories. But apparently, he was never able to set all his slaves free. Many recent historians claimed that Jefferson’s acting toward Black people was very disgusting, revolting. Especially for someone who claimed that he wanted to eradicate slavery. During his life, he wanted to make sure that the eradication of slavery will be accompanied by the deportation of Back people of the country. For him, Black people living in a white’s man America was totally unbearable. He was â€Å"Racist†. In his mind, Black men were extremely inferior to White Not only in Body but also in mind. People were surprised to see hear him talk about freedom and control Black slaves at the same time. Most people started to think that he was a hypocrite. In 1802, James Callender, a political pamphleteer and journalist pointed the fat that Tomas Jefferson maintained Sally Hemings a Black Slave as a mistress and fathered her with various children. This was barely believable because everybody knew him as a man who always suppressed his passions. In addition to that, Thomas Jefferson was a man of the eighteenth century, an intelligent man, conventional, and enlightened. But he also had his own weaknesses. Jefferson was fully part of the Enlightenment in the United States of America. His desire to know everything and his open-minded character put him on the top of the American Enlightenment. Unlike in Chapter 14 (Hope and Heritage: Myth and Thomas Jefferson), Chapter 15 (First Inaugural Address, 1801) is basically Thomas Jefferson’s speech which marks the abolition of one of the worst period in the United States of America. The First Inaugural Address of Thomas Jefferson is lionizing the most important election in the history as Thomas Jefferson was succeeding to John Adams as president. During 1790s, some divisions were created between the Federalists (Hamilton and Adams) and the Republicans (Jefferson and Madison) due to the opposition to Hamilton’s financial policies and polemics over foreign policy. Thomas Jefferson was  the first President to take office in the new capital city of Washington. In his speech, Thomas Jefferson says â€Å"Every difference of opinion is not a difference of principle. We have called by different names brethren of the same principle. We are all Republicans, we are all Federalists.† He is basically telling his Fellow-Citizens that even though there are some differences, both Federalists and Republicans are serving the same constitution and following the same principles. What is different is the way each of them interprets and apply it. He is calling for Union. Jefferson wants a government when no one will injure another; where each citizen will work. In his partisanship, the First Inaugural of Jefferson mingles the American past of Washington and some heroes into his different principles .By making his party’s victory a victory for all the country, the speech sets the standard for inaugural addresses. In Conclusion, we were ask to compare and contrast â€Å"Thomas Jefferson’s Inaugural Address† (Chapter 15 in Readings of the United States History) and â€Å"Hope and Heritage: Myth and Thomas Jefferson† (Chapter 14 in Readings of the United States History).We can undoubtedly say that Thomas Jefferson was a great Leader. It is therefore all the more important to see and distinguish where he had success and also where he failed. Whenever something is great, people will always try to find out the Bad in it and that’s what happened to Thomas Jefferson. But it doesn’t change anything to what he has accomplished for the United States of America. Till today, no other figure in the American history as reached that standard.

Timber Harvesting Methods That Encourage Forest Regeneration

Timber Harvesting Methods That Encourage Forest Regeneration A major portion of the practice of forestry silvicultural systems is timber harvesting methods designed to ensure successful and succeeding forest stands for the future. Without the application of these methods of reforestation, there would only be random tree stocking of both preferred and non-preferred species leading to major shortages of wood and trees demanded by the consumer. Nature, when left alone, uses its time-consuming natural process of reforestation and is appropriate in many situations. On the other hand, foresters may need to manage for a forests best use when forest owners and managers need reliable income and other necessities in an appropriate time frame. Many of the accepted forest regeneration concepts were first introduced to North America by German forestry professors during the late 19th Century. Germany had practiced these forest reproduction schemes for centuries and one of the earliest books on the subject was written by German forestry pioneer Heinrich Cotta during the late 17th century. These western European educated foresters were first to define the profession of forestry and became overseers of the training of foresters who managed large forest tracts owned by kings, aristocrats, and the ruling classes. These imported tree reproduction systems have continually evolved and developed into what are now used today. They are separated into classifications and used throughout the world where the practice of forestry and forest management is necessary to encourage sustainable forests. These classifications are conducted in logical sequence and the steps lead to healthy, well-stocked forests for future generations. The Classification of Tree Reproduction Methods Although there are innumerable combinations, for simplification we will list the six general reproduction methods listed by silviculturist D.M. Smith in his book, The Practice of Silviculture. Smiths book has been studied by foresters for decades and used as a proven, practical and widely accepted guide at the point where a timber harvest is necessary and where natural or artificial regeneration is the desired replacement. These methods have traditionally been called high-forest methods which produce stands originating from a remaining natural (using a high or aerial) seed source. The clear-cutting method is one exception where artificial planting, vegetative regeneration or seeding is necessary when the cut area limits complete reproductive tree seeding. Methods to Use When Even-Aged Management Is Preferred The Clearcutting Method - When cutting all trees and removing the entire stand that lays bare the ground, you have a clearcut. A clearing of all trees should be considered when residual trees are starting to lose economic value, when biologic over maturity leads to decadent stands, when the purity of a stand is compromised by cull and lower value trees, when the coppice method of regeneration is used (see below) or when disease and insect invasions threaten the loss of a stand. Clearcuts can be regenerated either by natural or by artificial means. To use a natural regeneration method means you must have an available seed source of a desired species in the area and a site/soil condition advantageous to seed germination. If and when these natural conditions are not available, artificial regeneration via nursery seedling plantings or prepared seed dispersal must be used. The Seed-tree Method - This method is simply what it suggests. Upon removing most of the mature timber, a small number of seed trees are left singly or in small groups to establish the next even-aged forest. In effect, you are not dependent on trees outside the cutting area but must be concerned about the trees you do leave as the seed source. The leave trees should be healthy and able to survive high winds, produce viable seeds prolifically and enough trees should be left to do the job. The Shelterwood Method - A shelterwood condition is left when a stand has had a series of cuttings over the period between establishment and harvest, often called the rotation period. These harvests and thinnings occur over a relatively short portion of the rotation by which the establishment of even-aged reproduction is encouraged under a partial shelter of seed trees. There are two objectives of a shelterwood cut - making ground space available by cutting trees of lowering value and using trees increasing in value as a seed source and for seedling protection as these trees continue to financially mature. You are maintaining the best trees to grow while cutting trees with a lower value for new understory seedling space. Obviously, this is not a good method where there will be only intolerant (light-loving tree species) tree seeds available to regenerate. The sequence of this particular method should be ordered by first making a preparatory cutting which prepares and stimulates seed trees for reproduction, then a seed tree cutting to further open vacant growing space for seeding; then a removal cutting which frees the established seedlings. Methods to Use When Uneven-Aged Management Is Preferred The Selection Method - The selection harvest method is the removal of mature timber, usually the oldest or largest trees, either as single scattered individuals or in small groups. Under this concept, the removal of these trees should never allow a stand to revert back to an even-age. Theoretically, this style of cutting can be repeated indefinitely with adequate wood harvest volumes. This selection method has the widest variety of interpretations of any cutting method. Many conflicting objectives (timber management, watershed and wildlife enhancement, recreation) must be considered and managed differently under this scheme. Foresters know they are getting it right when at least three well-defined age classes are maintained. Age classes are groups of similar aged trees ranging from sapling-sized trees to intermediate sized trees to trees approaching harvest. The Coppice-forest or Sprout Method -Â  The coppice method produces tree stands that originate mostly from vegetative regeneration. It can also be described as low forest regeneration in the form of sprouts or layered branches as opposed to the above examples of high forest seed regeneration. Many hardwood tree species and only a very few coniferous trees have the ability to sprout from roots and stumps. This method is limited to these woody plant types. Sprouting tree species respond immediately when cut and sprout with exceptional vigor and growth. They outpace seedling growth by far, especially when cutting is made during the dormant period but may suffer from frost damage if cut during the late growing season. A clear-cut is often the best cutting method.