Saturday, January 25, 2020

Dell Corporation SWOT Analysis

Dell Corporation SWOT Analysis SWOT Analysis Dell Computer Corporation was founded by Michael Saul Dell in 1984 with their simple premise as the basic foundation that personal computers could be built and sold directly to customers and by doing this, Dell could address their specific needs and provide the best computing solutions that meet those customers needs. (Cuizon G., 5 March 2009) Basically, Dell is using Direct Method which provides two advantages: 1. reducing marketing and sales cost by eliminating markups of distributors and retailers and 2. building to order reduced inventory costs and risks of retaining inventories. (Cuizon G., 5 March 2009) Dells Direct Model is the main reason why Dell has achieved its high status in business today. This tactical model enables Dell to interact with customers directly providing them with fast, reasonably-priced and friendly means of production and distribution. (Cuizon G., 5 March 2009) (S)trengths Dell is one of the largest technological corporations (PC maker) in the world that develops, manufacture, sell and support personal computer, laptops and other computer peripherals. (Mba tutorials, 22 December 2009) Dell is ranked at number 38 on the Fortune 500 in 2010. Fortune also ranks it as the Number 5 most admired company in computer industry. Dell has large acquisitions and mergers. For example acquisition of Perot Systems in 2009 and Alienware in 2006.  (Mbalectures, 20 October 2010) Besides that, The Dell brand is one of the best known and renowned computer brands in the World. (Marketing Teacher, 2010) Dell has experienced management and leadership. For example Michael Dell who is presently the computer industrys longest-tenured (CEO) chief executive officer. Dell is also a highly inventive company in its industry and has very strong E-commerce and supply chain management. Dell is the biggest firm in the Austin and second biggest non-oil corporation in Texas and fifth la rgest in Texas by revenue. (Mbalectures, 20 October 2010) As we know, Dell is using Direct Model which contributed the success to Dell by enabling the company to offer direct relationships with customers such as corporate and institutional customers. Their strategic method also provides other forms of products and services such as internet and telephone purchasing, customized computer systems; phone and online technical support and next-day, on-site product service. (Cuizon G., 5 March 2009) Now, in a market that is ever changing, competitors are challenging Dell with new and unique products in an effort to overcome the superiority of the Direct Model. (Docstoc, 2010) This extensive choice of products and services is absolutely one of Dells strengths to compete with its competitors. (Cuizon G., 5 March 2009) The growth and development of laptop computers is a primary area in which Dell can work for continued success, despite the threats posed by its competitors. (Docstoc, 2010) Clearly, many of the Dells strengths come as results of the Direct Model. The model itself could be considered one of the companys greatest assets. However, a few specific advantages are gained from through the Direct Model relative to the laptop market. (Docstoc, 2010) First of all, the Direct Model allows the consumers to fully customize their laptops. The market is becoming more educated, now more than ever individuals want a product that can target their specific needs. In the case of laptops, this means that customers want more choices in terms of both performance and profitability. (Docstoc, 2010) By understanding customers needs and preferences is important strength of the company, Dell has cut out the retail seller and sells directly to the customers with no use of a middle man. Dell has made it possible for all customers to have the chance to fully customize their product. (Docstoc, 2010) In term of capture data on its loyal consumers, Dell is using information technology and Customer Relationship Management (CRM) approaches. Thus, a customer could selects a generic PC model, and then adds items and upgrades until the PC is kitted out to the customers own specification. Components are made by suppliers, never by Dell. (Oppapers, 2010) In addition to this customization, the Direct Model benefits the customers with fast delivery of products. This allows customers to place their order, and receive their customized computer often within days. Both these advantages are the greatest assets in targeting the home-user market segment. (Docstoc, 2010) Besides the fast delivery, Dell also offer their customers the ability to track their delivery. (Quality Assurance Solutions, ND) Customers can keep track of their delivery by contacting customer services which is based in India. The finished goods are then dropped off with the customer by courier. Dell has total command of its supply chain. (Oppapers, 2010) Dell also has an advantage in their inventory turnover time, and in their well established relationship with their suppliers. (Docstoc, 2010) These just-in-time (JIT) producing approach creates huge cost savings by minimize the costs, which Dell can pass on to its customers. (Mbalectures, 20 October 2010) As a result, Dell produces the products which is customized, low-priced and deliver to the customers door within days. (Docstoc, 2010) Dell has differentiated itself from competitors by providing potent systems to the customers at competitive prices. (Mbalectures, 20 October 2010) By low assembly costs by using relatively cheap labour(Oppapers, 2010), low manufacturing costs(Quality Assurance Solutions, ND), and also boasts the industrys most efficient procurement, manufacturing, and distribution system allow Dell to offer the customers powerful systems at competitive prices. (Cuizon G., 5 March 2009) Besides that, Dell has strong customer base too. Dell is targeting the business executive category by approximately two-third of Dells sales is generated from government agencies, large corporations and educational institutions. (Mbalectures, 20 October 2010) In other words, Dell has already created long-term relationship with large companies, and this provides most of their business. These companies, in turn, pass the relationship on through their employees, providing them with Dell products. (Docstoc, 2010) (W)eaknesses The significant weaknesses of Dell is fail to attract the market of college student segment. (Docstoc, 2010) Dells sales revenue from educational institutions such as colleges only average of 5% in total. Due to much focuses on business customers, it affected its ability to form relationships with educational institutions. (Cuizon G., 5 March 2009) And, as many students purchase their PCs through their school, Dell is clearly not in a position to take advantage of the college market. (Docstoc, 2010) Dealing with huge amount of supplies of products and components from many different countries can causes Dell some embarrassment when products are recalled. (Oppapers, 2010) For example, great troubles in quality, manufacturing and services.  (Mbalectures, 20 October 2010) Dell. In 2004 Dell had to recall 4.4 million laptop adapters because of a fear that they could overheat, causing electric shocks or fires. (Oppapers, 2010) Another weakness of Dell is there is no diversification and the company is only focusing on the PCs business. (Mbalectures, 20 October 2010)  Dell is a computer maker, not a computer manufacturer. (Oppapers, 2010) In other words, they build computers, not develop them. (Quality Assurance Solutions, ND) Dell buys from a group of concentrated hi-tech component producers. Whilst this is a great advantage in terms of business processes, allowing Dell to focus on marketing and logistics, the company is reliant on a number of large suppliers, and to an extent is locked in for periods of time. For example, due to the lack of large suppliers in the World, Dell unable to switch supply. (Oppapers, 2010) In term of home users, Dell have the serious problem on its direct method and customization approach. (Cuizon G., 5 March 2009) First, customers cannot go to retailers, try a few different products, and walk home with a computer all in a single trip because of Dell does not use distribution channels. (Docstoc, 2010) The very differentiates thing if Dell from its competitors, customization also creates a problem in that customers just cant buy Dell as simply as other brands. It is because each product is custom-built according to their specifications and this might take days to finish. (Cuizon G., 5 March 2009) And due to this, many computer buyers are wary of a product that they cannot personally examine it before purchasing. In addition, some of the anxious buyers would have no patient to wait for their products to deliver for a number of days. (Docstoc, 2010) Moreover, Dell also has weakness on its technology. (Mbalectures, 20 October 2010) It   have no proprietary technology to offer the market , Dell is currently using the technology which are shared by the other major competitors. (Mba tutorials, 22 December 2009) Besides that, it changes its technology at very fast rate. (Mbalectures, 20 October 2010) (O)pportunities Personal computers are becoming a necessity nowadays. Demand for laptops is also growing much faster than desktop computers. As a matter of fact, demand for laptop has overtaken the demand for desktops. This is create a great opportunity for Dell to grow in all other segments. (Cuizon G., 5 March 2009) Besides that, the trend toward more educated buyers also provide great opportunity for Dell by increasing the number of second-time buyers. (Docstoc, 2010) Second-time buyers would most likely avail of Dells custom-built computers because as they have purchased computers in the past know what they want, so do their need to experiment or use some additional computer features. (Cuizon G., 5 March 2009) Here, Dell makes use of the Direct Model which can provide the framework for customers to make truly personalized computers in a relatively hassle-free environment. (Docstoc, 2010) Furthermore, improvement in technology will help Dell to introduce efficient-manufacturing systems which will decrease the production cost. (Mbalectures, 20 October 2010) For example, increased communication and technological integration, such as Internet create good opportunity for Dell because all the customers can now go to visit Dells website to place their order or to get information. Since Dell does not have retail stores, the online stores would surely make up for its absence. It is not only benefits to Dell, but all the customers. It gives the customers convenience to shop online than to actually drive and do purchase at a physical store. (Cuizon G., 5 March 2009) Another opportunity for Dell would be maintain the excellent lead that was taken by the founder of Dell, Michael Dell will be challenging. (Quality Assurance Solutions, ND)Kevin Rollins replaced Michael Dell in 2004 as Dells Chief Executive Officer. Dell remained the companys Chairman. Despite founder Dells massive success, new blood and a change in management thinking could lead the company into a new and more profitable time. Dell was born in 1965, and founded Dell in 1984 with $1000 whilst studying at the University of Texas. He became the youngest Fortune 500 CEO in 1992, and will be a tough act to follow. (Marketing Teacher, 2010) Diversification in related and unrelated business, such as softwares, broadband, security devices, and PC software are some of the rapid growing segments in Dell company. (Mbalectures, 20 October 2010) Besides, innovation makes Dell to introduce many new products to its range which includes printers, toners, LCD televisions and other non-computing goods in order to respond to the rapid changing industry. Thus, Dell is competing against iPod and other consumer electronics brands. (Marketing Teacher, 2010) Furthermore, sustaining low-cost leadership is also an important opportunity for Dell. (Mbalectures, 20 October 2010) Dell is branding and selling low-cost, low-price computers to PC retailers throughout the world in order to open other avenues of branding opportunities. (Quality Assurance Solutions, ND)The PCs are unbranded and should not be recognised as being Dell when the consumer makes a purchase. Rebranding and rebadging for retailers, although a departure for Dell, gives the company new market segments to attack with the associated marketing costs. (Marketing Teacher, 2010) Thus, Dell has opportunity to sell computer directly to retailers. (Mba tutorials, 22 December 2009) (T)hreats The single biggest problem of Dell is the competitive rivalry that exists in the PC market globally. (Marketing Teacher, 2010) Dell is facing strong competition in the industry, such as IBM and Intel to sustain its market share. (Mbalectures, 20 October 2010) As with all profitable brands, retaliation from competitors and new entrants to the market pose potential threats. As we know, Dell sources from Far Eastern nations because of the low labor costs, but there is nothing stopping competitors to follow what Dell is doing, such as sourcing the same or similar components from the same or similar suppliers. Remember, Dell is a PC maker, not a PC manufacturer. (Marketing Teacher, 2010) In a volatile market such as personal computers, threats abound. Computers change in a constant sometime daily basis. New software, new hardware and computer accessories are introduced at a lightning speed. Thus, the innovation is essential for Dell by always looking out for new things or introducing new computer systems to the market. The threat to become outmoded is a pulsating reality in computer industry. Not only that, companies are also facing the challenge to produce products that are high in quality but low in price. (Cuizon G., 5 March 2009) Therefore, one of the biggest external threats to Dell is the increasingly lower prices for products amount their competitors (Quality Assurance Solutions, ND) and make the price difference among brands is getting smaller. Although Dells Direct Model attracts customers because it saves cost, other companies are also able to offer their products at low costs which could threaten Dells price-conscious growing customer base. Since the prices of the brands are identical, price difference is no longer an issue for a customer. Therefore, they would choose other brands rather than waiting for the delivery of Dells customized computers. (Cuizon G., 5 March 2009) Due to the growth rate of the computer industry is slowing down, Dell which has the biggest share of the market has also slows down the demand of its products. If the demand slows down, the competition will become stiffer in the process. Dell has to work doubly hard to differentiate itself from its substitutes, such as Ipad which introduced by Apple Corporation in order to continue holding a significant market share. (Cuizon G., 5 March 2009) Technological advancement is a double-edge sword. It provides an opportunity but at the same time a threat for Dell because advancement in technology outmoded the manufacturing facilities as well as the company. (Mbalectures, 20 October 2010) Low-cost leadership strategy is no longer an issue to computer companies therefore it is important for computer companies to stand out from the rest of competitors. Therefore, in order to compete with others, Dell has to always keep up with its technological advancements. (Cuizon G., 5 March 2009) Besides that, due to being global in its marketing and operations, Dell is exposed to fluctuations in the World currency markets. Although it is a very lean organization, orders do have to be placed some time ahead due to their company size or value. (Marketing Teacher, 2010) Changes in exchange rates could make the companys global business exposed to potential losses in certain parts of its supply chain. (Quality Assurance Solutions, ND)

Friday, January 17, 2020

Nova Scotia Ethic Assignment

Being short means that the firms sell more shares than are available in the new issue and the rim has some fire power in the after-market, meaning more liquidity. Mr.. Berry was earning millions of dollars for the bank in 2004, it was seeking outside legal opinions on the ramifications of renegotiating his contract to stop paying him so much. Cumming is willing to testify that senior executives at Scotia had divulged the bank's desire to catch Berry in â€Å"something like a securities violation so Scotia could use it against him,† to either severely reduce his compensation package or fire him.The bank claimed that Berry had hidden his behavior and that his education and training was such that e should have known his â€Å"misconduct breached fundamental terms of his employment with Scotia, and was just cause for his termination. † Colon (berry's lawyer) cited the passage in COMIC that exempts the distribution of any previously uninsured securities from being entered on the exchange. Williams responded by saying, â€Å"The advice we received from counsel-?†. Scotia lawyer interrupted, preventing Williams from finishing her sentence, explaining that what she was about to say was protected by solicitor-client privilege.But the fact that Williams, herself a lawyer, had sought a legal opinion on Berry's reads begged a crucial question: if the head of compliance didn't know whether or not what Berry was doing was improper, how could they expect him to understand? An industry that's almost entirely self-regulated, Berry's case raises questions about how this monitoring is carried out. The history of Citibank and David Berry The Bank of Nova Scotia, commonly referred to as Citibank, welcomed its first customers in Halifax, Nova Scotia in 1832. Citibank continued to expand its branches across Canada, into the U. S. ND overseas from the 1 9th century and onwards. In 1 999, Citibank's Corporate Banking business and Scotia Capital Markets were integra ted to form Scotia Capital. Citibank now serves to some 21 million customers in more than 55 countries across the world. One of the main factors for the growth and success of Citibank is that it fosters a committed team that lives their shared values and works together to provide customers with expert advice, insights and financial solutions . Citibank clearly puts great emphasis on hiring the best candidates suitable for their jobs. One individual who stood out the most was David Berry.Berry first worked at Ernst & Young after finding out that the firm loud pay for his MBA tuition if he committed to work for them for a few years. He had left Ernst & Young after receiving his MBA and chartered accountant license to join Scotia Capital in 1995. Berry Was presented the opportunity to work at Citibank through his father's friend, Gordon Cheeseburger, who was the chairman of Scotia Capital Markets at the time. Berry started out as a research associate and had later moved to the Sales an d Trading department In the span of two years, he made his way up the ladder to eventually dominate Scotia Capital's preferred desk.Berry became a to commodity as other banks wanted him to leave Citibank and join them, which led to Citibank offering Berry a direct-driven deal in which he kept a certain percentage of the profits he made for the bank. He was the only trader who received a direct-drive deal as all the other traders were compensated on an annual bonus. This direct-drive deal percentage was increased a few times as Citibank aimed to keep Berry at the bank. In 2003, it was stated that he had earned $15 million for himself , earning almost double of the CEO of Citibank.Through his performance he developed any privileges, and his domination of the industry made Berry extremely powerful. Shortly after his rise to success, he was dismissed from Citibank then known as Scotia Capital. What is the ethical case here? The ethical case here was that Citibank had fired Berry for sup posedly engaging In inappropriate trading practices, specifically, selling newly issued preferred shares to clients without printing the trades biblically on the stock exchange. However, Berry claimed that it was perfectly fine to refrain from printing the trades on the stock exchange. **There were two issues involving Cecilia Williams that we've mixed up. . Cecilia Williams questioned him about the trade regarding Balconied and Great West Life. She determined that he was wrong to do this and was going to forward the tapes to MRS.. But Berry had played the tapes to Scotia head of trading, Mark Evader, and he said that this was fine and that every trader (including him) did this. As Williams was getting ready to send the report to MRS., Berry was allowed to attach a narrative to the report explaining his actions. He told Williams that he was going to state that Evader said that what he did was common practice.Williams reacted in shock and said â€Å"What? Our dead trader does this? † After this, there was no talk of the tapes going to RSI. This had nothing to do with the preferred shares. 2. The second issue is in regards to the preferred shares and whether or not they should have been printed on the stock exchange. RSI did their routine trade audit of Scotia, and it was during this that they discovered the preferred shares issue. Celiac Williams wasn't sure if there practices were allowed, and Berry suggested getting opinion from another compliance expert Linda Frets who stated that he had done nothing wrong etc etc†¦. His is the main issue, and the reason he to fired for – not the Balconied and Great West Life trade. Http://www. Tortellini. Com/informer/random-situ if-informer/2008/06/01 / traders-revenge/4/ This had all started once Berry started to make millions for the firm and for himself, outpacing the earnings of top executives. Mr.. Berry had bought some shares in the Balconied mining company from a client and, in turn, sold the same client shares in Great West Life. Berry had not printed the trades on the exchange because the preferred shares were new issues (I. E. They were being offered to potential investors for the first time).Berry justified his actions because it was understood in the firm that new issues were exempt from being printed on the exchanged. However, his actions were wrong in the eyes of Cecilia Williams, the head of Scotia Capital's compliance department. Williams had discussed to Berry that she was going to send the tape communication between Berry and his client to the Market Regulation Services. The market regulation service had started its routine scheduled trade desk review at Citibank. Berry went on to get another opinion from his own counsel from a compliance expert, Linda Frets.Frets ad advised that because the new issue shares in question had been sold from Berry's inventory before being listed on an exchange, they did not constitute improper off-market transactions and thus were no t in violation of Universal Market Integrity Rules (EMIR). Even if they had been, Berry did not understand why Citibank hadn't alerted him to this issue long before now. He had never been secretive about how he operated. And, as far as Berry was concerned, there was no harm to his clients by trading this way. A few weeks later, Berry was asked to meet with Scotia Capital's deputy chairman along with head Of institutional equities.Berry was notified that he was being suspended for the time being because Citibank was undergoing its own investigation relating to the preferred shares issue. Mr.. Berry filed a SSL 00 million claim focusing on constructive and wrongful dismissal. In return, Citibank filed a counterclaim along with a statement of defense. Ethical Issue in the Case and ethical behavior practices transgressed: One of the issues raised in the case is professionalism. The Commission found a violation and failure of the firm's upper management to act in public interest in favor of their own. Mr..Berry was allowed to book trades which were entered on the liquidity of the preferred stocks. These trades made money for Scotia, and the more money he made for the bank the more capital he was allocated and the bigger the inventory he could carry and the more money he made as compensation. Even though this is not illegal, integrity of the capital markets was threatened by these actions. Also, the lack of supervision from the management has led to a conflict of interest. Their actions could have had serious and lasting effects on the integrity of capital markets and public trust resulting from a lack of supervision in Scotia Capital.What is the Ethical Issue? The main issue in this case was whether printing the trades of the newly issued preferred shares on the stock exchange constituted unethical trading practices. Furthermore, if the practices were not deemed a violation of JIM by compliance expert Frets (and unsure by Scotia own Cecilia Williams), did Citibank act ethically in still pursuing their own investigation and terminating his contract? An identification of the key people involved, and their positions in the company Below is a list of the key people involved: 1 Cecilia Williams (head of Scotia Capital's compliance department) 2.Linda Frets (External compliance expert) . Jim Mountain (Mr.. Berry's boss at Scotia Capital Brian Porter, Scotia Capital's deputy chairman 4. 5. Rick Hugh (Citibank CEO) 6. Marc Mannequin (Berry's assistant) David Wilson (then vice-chairman of the Bank of Nova Scotia, and chairman 7. And CEO of Scotia Capital) 8. Andrew Cumming, who, until 2002, was Berry's direct supervisor. Cumming swore an affidavit in support of Berry's lawsuit, claiming that he saw nothing wrong with how Berry was ticketing new issue shares. 9.Mark Evader, Scotia head of trading People who have suffered David Berry David suffered as he had been out of a job for a long time, and thus has offered financially and occupationally. Although he had received many job offers, they were all contingent on the outcome of the case. His reputation has been damaged as this stigma will always stick to him. Furthermore, his absence from the industry for a significant period of time may have damaged his efficiency as a trader as he would have lost many clients and relationships, as well as the power he previously possessed.If he were to return to the industry, it would be near impossible to continue where he left off. In addition, David has further suffered financially as he has had to spend money n funding his case against Scotia. Citibank It is reported that the preferred desk has suffered without him since he was dismissed. Scotia has also had to spend a lot of money in the case against Berry. David Berry's Clients David Beers clients have most likely suffered as well. If Berry, using his expertise was generating millions in income for himself, it's clear that his clients were earning great profits on their investments as well .Although his clients can find another advisor, it is not likely that they will find one with the expertise and skill of David Berry David Berry's Family His family has also suffered because he has not worked ever since the termination from Citibank. This must have cost the family as their standard of living must've lowered with the great loss in income. They were living very lavish lifestyles with Berry's income. List of ethical behavior practices that were transgressed 1. Professionalism a. Knowledge of the law d. Misconduct 2. Integrity of Capital Markets a.Material Nonpublic Information (not completely sure) 4. Duties to the Employers B. Additional Compensation Arrangements (Don't know if this fits) C. Responsibility of the Supervisor Description of Events, Penalties or Convictions that followed David Berry was terminated in June, 2005 from Citibank. He was alleged of committing security regulatory violations. He was accused of violating uniform market integrity rules. Berry wen t into a big legal battle to prove that he did not do anything wrong. Information was released to the media that higher management of Citibank were looking for opinions from alai. O,'errs to change Berry's contract and keep him from leaving for a competitor prior to his accusation and termination from Scotia Capital. Eight years, later all allegations against Berry were dismissed by the IIRC. David Berry has a $100 million class action law suit against his former employer for constructive and wrongful dismissal. What should have happened to prevent improper action, and Resulting changes in corporate practices: We believe that the issue was in the company incompetence to provide adequate and effective supervision programs, and procedures for the employees to abide.Lack of supervision from Jim Mountain, as a manager towards the employees, and poor corporate culture has resulted in a failure of employee's ethics. A stricter procedural rules and more effective management control should have been imposed and fulfilled. No changes to laws or regulations were performed. The circumstances Of his dismissal for allegedly breaching trading rules and the regulator's investigation of his conduct while working at Citibank. For good measure, the bank's statement added: â€Å"[Berry's] misconduct breached fundamental terms of his employment with Scotia and was just cause for termination.He violated the trust and responsibility that accompanied his poss. Zion. † http://business functionalist. Com/2013/02/after-allegations- against-former-top-Citibank-trader-dismissed-its-now-Mann-a-Mann/ IIRC had brought two sets of allegations against Mr.. Berry claiming that he violated uniform market integrity rules during the distribution of new securities. The panel noted that after obtaining commitments from clients to buy shares in a new issue, some of the sales went through syndication while others went through Mr..Berry's inventory account. Because no commission was charged on all of these new-issue sales, some clients knew that the shares didn't come from syndication. And what more the trade occurred when the expression of interest was made -? even though the trade confirmations didn't show the usual new issue trailer. Everyone concerned understood that they were trading a new issue,† noted the panel, adding that prior to Mr.. Berry being terminated â€Å"his employer had no written syndication process policies or procedures. † In each of the two prior years to Mr..Berry's dismissal, he had earned $15- million, when CEO Rick Hugh made an average of $8-million and few on the Street would dream of making as much. Mr.. Berry, who is currently suing Citibank for constructive and wrongful dismissal Documents obtained by the Financial post suggest that, about six months before his termination under the cloud of the now-dismissed allegations, the ann. was seeking outside legal opinions on the ramifications of renegotiating his contract to stop payi ng him so much. The documents also said Mr..Berry could be fired â€Å"in the event of any of a regulatory breach, trading losses, or a violation of the bank's code of conduct. † http:// business. functionalist. Com/2013/02/21/after-allegations-against-former-top Citibank-trader-dismissed-its-now-Mann-a-Mann/ http:// business. functionalist. Com/2013/01/1 5/IIRC-chaw urges-against-David-berry- dismissed/ However, things turned sour after Citibank created a new contract limiting compensation up to $1 0 million unless stated by management. Berry had not signed this new contract in April 2005.In May 2005, a regulatory precursor to the IIRC issued a warning letter to Mr.. Berry. By the end of June 2005, Berry had been terminated with his group having chalked up about $43-million in net income. One year later Mr.. Berry filed a $1 00-million claim alleging constructive and wrongful dismissal. In turn, the bank has filed a statement of defense and counterclaim. Was Citibank trying to save themselves to the possible illegal trading activity conducted by Mr.. Berry, or was it the top executives' jealousy the main driver for Berry's firing?

Thursday, January 9, 2020

The Effects Of Global Warming On The Environment And Heath...

Global warming has taken a significant toll on the environment and heath of human and animals. The use of non-renewable fossil fuels such as natural gas, coal, crude oil, tar sands and oil shales are finite resources on the planet and will one day run out because they are regularly used. Subsequent pressure and heating while being buried consisting of organic matter and dead plant over millions of years are what created these fossil fuels. Burning fossil fuels form greenhouse gases from carbon dioxide, acid rain from sulfur dioxide, and photochemical pollution from nitrous oxides. The use of renewable energy is cleaner and safer for the environment and promotes investments. Some examples of renewable energy are Solar, Wind, and Hydro. Renewable energy is any energy that does not intake limited resources of the Earth and can be conveniently and instantly restored. Renewable energy is cleaner and safer for the environment. The majority of electricity comes from fossil fuels like natu ral gas, coal, and oil but they come with significant and harmful consequences. Most of the global warming emissions existence originates from these fossil fuels. Our pollution comes from toxic chemicals releasing into the air and water causing a problem of the public health. According to the Union of Concerned Scientist, power generation is a leading cause of air pollution and the single largest source of United States global warming emissions. Coal is the worst offender, a dirty energy sourceShow MoreRelatedGlobal Warming And Its Effects1029 Words   |  5 PagesGlobal Warming Generally, our common understandings about Global Warming would be that the weather or the temperature’s changing; for example, we physically feel the winter is getting warmer or the spring seems comes earlier this year. However, the effect of the Global Warming is way greater than our physical feelings. As the dictionary’s definition, â€Å"An increase in the average temperature of the Earth s atmosphere, especially a sustained increase great enough to cause changes in the globalRead MorePreventing Global Warming Essay1219 Words   |  5 PagesGlobal Warming Global warming is a grave issue that is affecting not only the United States, but the whole world as well. Various international strategies need to be implemented so that these issues can be tackled. If taken seriously, the issue of global warming can not only be overcome, it can be prevented as well. Global warming is an event that will affect many people and animals all over the world. Humans will be affected the most due to global warming because of things like temperatureRead MoreEnvironmental Global Health : A Social Science Point Of View1492 Words   |  6 Pages Environmental global health analyzes the nature and build of the environmental by researching the effects of human and their interactions with the environment while creating ways to reduce environmental risk factors. Singer and Erickson define environmental risk factors as: â€Å"specific ways that environment features and events threaten human health† (Singer, Erickson 2013: 114). Environmental Global Health effects everyone from a state, community, organizational, interpersonal, and individual levelRead More Human Impact On The Environment857 Words   |  4 PagesThe Human Impact On The Environment Contents Page Title 2 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Contents 3†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Loss Of Habitat 5†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..Human Activities 7†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Solutions Loss of Habitat The amount of land available for animals and plants is reduced by Man’s land use, mainly activities such as quarrying, building, farming and dumping waste. Quarrying is a major threat to plants which grow specifically in rocky Read MoreMeat Consumption2308 Words   |  10 PagesMost Americans are aware of global warming, cancer, heart disease and the fact that the earth’s supply of good water is diminishing. In an effort to conserve our planet people drive hybrid cars, recycle, and use low energy light bulbs and appliances, which is great. However, most Americans are unaware and uninformed about how meat effects global warming, our health, and how much of our planet’s water and resources meat production consumes. Meat contributes to global warming, increases risk for cancerRead MoreThe Importance of Biodiversity1521 Words   |  7 Pagesthis includes diversity within species, between species and of ecosystems’ (Hambler, C., 2004, 11). Within planet earth today Biodiversity forms the foundation for the vast array of ecosystem services that critically contribute to human well being. It is as important in human managed ecosystems as well as natural ecosystems (Hambler, C., 2004, 15). To begin to understand Biodiversity it must be considered on three different levels. Firstly there is species diversity, this includes bacteria and protistsRead MoreEssay on Nuclear Energy1490 Words   |  6 Pagesto more energy consumption. Furthermore, America Petroleum Institute (1995) estimates that in next 20 years the world might run out of petroleum resources. Though renewable sources of energy are reliable but their output greatly depends on the environment. For example, cloudy days have no solar gain, hence no solar energy production. Quiet days mean no wind blows to drive wind turbines. Dams are primarily for flood control, so hydroelectricity production varies as dam water levels fluctuate. Read MoreEssay on An Exploration of Vegetarianism2215 Words   |  9 Pagesbehind the existence of this trend, its effects on our general society and the practicing population, and finally, the future of vegetarianism. For the purpose of this paper vegetarianism is described as a plant-based diet (fruits, vegetables, etc), though the most important factor being the total exclusion of meat, not including fish for most practitioners. While numerous sub-levels of this lifestyle exist, including veganism (abstaining from the use of all animal products) and semi-vegetarianism (aRead MoreEnvironment Studies8323 Words   |  34 PagesCHAPTER NO: 01 1. Define the importance of Environmental Studies. Answer: Environment is derived from the French word Environ which means to encircle or surround. ENVIRONMENT is sum total of water, air, and land, inter-relationships among themselves and also with the human beings, other living organisms and property. The above definition given in Environment Act, 1986 clearly indicates that environment includes all the physical and biological surroundings and their interactions. ENVIRONMENTALRead MoreSustainable Construction4261 Words   |  18 PagesTable  of  Contents Task  1  (P1)  Ã¢â‚¬â€¹ Six  features  of  the  natural  environment  that  suffer  as  a  result  of  bad  practice†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦.  Ã¢â‚¬â€¹ 3     Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬â€¹ Task  2  (P2)​   4​   Ã¢â‚¬â€¹ different  forms  of  global  pollution  arising  from  construction  projects​ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....5     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬â€¹ Task  3  (P3)  Ã¢â‚¬â€¹ 4  different  forms  of  global  pollution  arising  from  construction  projects....,,,,,,,,,,,,,,,,.​   7     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬â€¹ Task  4  (M1)  Ã¢â‚¬â€¹ potential  environmental  impact  of  a  proposed  on  the  natural  environment.​ ........10     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬â€¹ Task  5  (D1)  Ã¢â‚¬â€¹

Wednesday, January 1, 2020

the plot of Dr. Faustus. - 2865 Words

Doctor HYPERLINK http//www.gradesaver.com/character.htmlcharacter25913 Faustus, a talented German scholar at Wittenburg, rails against the limits of human knowledge. He has learned everything he can learn, or so he thinks, from the conventional academic disciplines. All of these things have left him unsatisfied, so now he turns to magic. A Good Angle and an Evil Angel arrive, representing Faustus choice between Christian conscience and the path to damnation. The former advises him to leave off this pursuit of magic, and the latter tempts him. From two fellow scholars, HYPERLINK http//www.gradesaver.com/character.htmlcharacter25921 Valdes and HYPERLINK http//www.gradesaver.com/character.htmlcharacter25923 Cornelius, Faustus learns the†¦show more content†¦They all have been swindled or hurt by Faustus magic. They go off to the court of the Duke to settle scores with Faustus. Faustus entertains the Duke and Duchess with petty illusions, before Robin the Clown and his band o f ruffians arrives. Faustus toys with them, besting them with magic, to the delight of the Duke and Duchess. Faustus twenty-four years are running out. Wagner tells the audience that he thinks Faustus prepares for death. He has made his will, leaving all to Wagner. But even as death approaches, Faustus spends his days feasting and drinking with the other students. For the delight of his fellow scholars, Faustus summons a spirit to take the shape of Helen of Troy. Later, an Old Man enters, warning Faustus to repent. Faustus opts for pleasure instead, and asks Mephostophilis to bring Helen of Troy to him, to be his love and comfort during these last days. Mephostophilis readily agrees. Later, Faustus tells his scholar friends that he is damned, and that his power came at the price of his soul. Concerned, the Scholars exit, leaving Faustus to meet his fate. As the hour approaches, Mephostophilis taunts Faustus. Faustus blames Mephostophilis for his damnation, and the devil proudly take s credit for it. The Good and Evil Angel arrive, and the Good Angel abandons Faustus. The gates of Hell open. The Evil Angel taunts Faustus, naming theShow MoreRelatedDr.Faustus as a Tragedy Relevant to All Times1186 Words   |  5 Pagesaction or plot that is serious and significant. These plays involve a main character that is a normal human being with his share of good and bad characteristics. The protagonist is socially active, intelligent and a learned man. A tragic play entails both verbal and dramatic irony. Dr. Faustus was perhaps the most well written tragedy of its times and happens to remain so till date. Christopher Marlowe is the founder and the originator of the mature English tragedy. Written in 1586, Dr. Faustus is a partRead MoreDr. Faustus As Morality Play1443 Words   |  6 Pageswhether Dr. Faustus is a morality play or tragedy, two aspects must be considered. Firstly, it must be decided whether Dr. Faustus is a morality play or not. In an attempt to categorize the play, the play s form, content and subject matter will be discussed. There is alternative argument that states the play is in fact a tragedy. Secondly, does this supposed morality play have a moral? In order to answer this question, the tone of certain parts of the play will be analyzed. To determine if Dr. FaustusRead MoreDr. Faustus as an Allegory897 Words   |  4 PagesApril 9th 2013 Allegorical Findings in Dr. Faustus by Christopher Marlowe The Tragical History of the Life and Death of Doctor Faustus, or in simpler terms Dr. Faustus, by Christopher Marlowe is said to be based on the German legend of Faust, in which a man sells his soul to the devil for hierarchy and knowledge. No Elizabethan play outside the Shakespeare canon has raised more controversy than Marlowe’s tale of Dr. Faustus. Although there is no agreement concerning the nature of the text andRead MoreWilliam Shakespeare s The Play Everyman 1275 Words   |  6 Pagesof life. Similarly, we can also see the shadow of a philosophical trace in Christopher Marlowe’s play, Doctor Faustus. The play personifies good and evil. The devil will fight for the soul of human beings, while our soul remain indecisive. Soon after, high lights appeared in the instance when the soul makes a decision. Even though both works are excellent, but I fell that Dr. Faustus made a bigger impact on me. Although both work revolved around death, sins, and judgment of G od when He triesRead MoreThe Function Of The Tragic Greek Chorus1295 Words   |  6 PagesWeiner, 205). Aristotle goes on to say that â€Å"[the Chorus] should be a part of the whole enterprise and share in the action† (205). The more the Chorus is integrated into the play, the more it becomes more of a character. Christopher Marlowe’s Doctor Faustus, Shakespeare’s Romeo and Juliet as well as his Macbeth’s witches all serve as a tool for play progression and representation of theme; by identifying these points, the Chorus becomes an actor in its own right. In Shakespeare’s Romeo and Juliet,Read MoreDr Faustus as a Tragic Hero4240 Words   |  17 PagesDoctor Faustus as a tragic hero Doctor Faustus is the most famous play of Christopher Marlowe and this play alone has perhaps made that his name will be mortal in the history of English literature and English drama. This play shows that he was of high skilled as a playwright and he could write very good drama. It is a tragedy of Doctor Faustus that is the main point of this play. Before moving on further, we should discuss about the definition of a tragic hero. A tragic hero is obviously a heroRead MoreRole of Religion in Dr. Faust Essay976 Words   |  4 PagesRole of Religion in Dr. Faust Dr. Faust is a legend from the sixteenth century that tells the tale of a man that sells his sole to the devil for non-human powers. This legend is influenced by the time that it was written. During the sixteenth century religion had a large role on the society. It had affected everything from Government to everyday life for people. This story was set in the area of Europe. Which had a heavily religious influence. The Faust legend employs the notion of black magicRead More Supernatural in Shakespeare’s The Tempest And Marlowe’s The Tragical History of Dr. Faustus3393 Words   |  14 PagesHistory of D. Faustus The supernatural forces are at once alike and distinct in Shakespeare’s The Tempest and in Marlowe’s The Tragical History of D. Faustus. The supernatural is kind to Prospero and his daughter Miranda in The Tempest, while the devils in Dr Faustus eagerly wait for the day that Faustus would join them in Hell. In both plays, the supernatural provides recurrent waves of sounds and feelings, lending special atmospheric qualities to The Tempest and Dr Faustus. The supernaturalRead More Choruses – what is the importance of these speeches in Dr. Faustus?1338 Words   |  6 PagesChoruses – what is the importance of these speeches in Dr. Faustus? The essential function of the chorus speeches are as a commentary, an omnipotent voice which observes Faustus’s actions, clarifies his character and by foreseeing his change in fortunes, heightens the anticipation of the audience. Also, rather like dressing Mephastoples in a Friar costume, the chorus speeches are a practical device used by Marlowe to communicate aspects of the play which are simply impossible to performRead MoreEssay on The Story of Doctor Faustus1606 Words   |  7 PagesThe Story of Doctor Faustus The story of Doctor Faustus is a familiar myth, in which the main character sells his soul , makes a deal with the devil, for something he speciously holds more valuable. There are many versions of this story in our culture, and it would take quite a time to make note of them all. Most people will have seen or heard one of the various stories in the for of a book, play, movie, or television show. The original story of Doctor Faustus, as created by Christopher Marlow