Twelve Questions regarding the YCP Company Research Paper

Twelve Questions regarding the YCP Company - Research Paper Example 2. What impression have you found of Corporate Governance of YCP Company? Corporate Governance plays the role of sight and foresight for an organization. Particularly, in the case of YCP Company the structure possessed some basic flaws in the distribution of duties and power according to the Code of Corporate Governance. The most obvious a blunder is allocation of 60% of voting equity to Kong and Watson. Furthermore, according to the detail illustrated the absence of remuneration committee and nomination committee followed by the weak structure of Board were some of the fundamental errors of the structure of Corporate Governance. 3. What is your opinion of the ownership structure in YCP, in the light of the fact co administrators Kong and Watson retain 60% of the voting equity. Can group of small shareholders make a significant contribution to the governance of the company? What about large share holders. A diverse and balanced ownership structure is the key to keep transparency and authenticity breathing in organizational management. However, the very aspect was absent in case of YCP, the imbalance of major share owner ship and voting rights is evident error. In addition, the fact that minor share holder’s were totally neglected and the other share holders with major contribution had other businesses to look after and their presence in the administration was a mere formality. The dire need of YCP that is obvious in the structure of YCP was that of rationally designed attribution of power and authority along with voting rights based on the fact that when the voting rights of controlling shareholders exceed the cash-flow rights, the incentives for asset diversion are magnified. 4. What is your opinion of the structure of the board have had before approving the construction of the private telephone network for YCP right after the company went public The expansion planned in the very short period after establishment should been backed with strong supporting strategies. In the case of YCP the segregation of management and supervision was the seemingly lacking feature. Hence, after the registration company into the stock exchange a strong structure of Corporate Governance was the essential need of time. Furthermore, evident is the fact from the description that investment in construction was an element of the chairman’s show off rather than strategical opportunity. Therefore, the strategy of expansion on the grounds of serving ego without any exit was more an evidence of Board structure rather than mismanagement. 5. What information should the board have had before approving the construction of the private telephone network for YCP. The feasibility and relevance to the vision of the company was the main area to be focused by board in the evaluation of proposal of construction. Furthermore, funding requirements, timeline, return on investment rate, cost benefit analysis, alternative plans, competitors analysis , PESTEL analysis an d an exit plan were the mandatory analysis to be investigated by the board. Hence, the most important feature to be considered was the exploration of the potential of company to support such a gigantic project along with usual business in terms of time, efforts and resources.

Funding a restuarant Essay Example | Topics and Well Written Essays - 750 words

Funding a restuarant - Essay Example It is not a great idea to live without emergency money that is to help when things start going south. Banks tend not to support and savvy investors may also forsake the business owner unless they see him/her taking most of the risk. Risks tend to be like a barrier to stop people who are not sure of the way forward from committing an offense though, those ready to risk tend to attain their goals. One of the reasonable ways to have a source of income is by looking for external investors. This includes partners, friends and family, individuals searching for an investment, or the entire above combination. It is very good to make sure that every partner that is brought in your table are those that bring with them something that the group is missing. This is so since not every new partner comes because he/she has money that the business may need, some come because of their abilities and services that they will render to the company. This may include: amazing bookkeeping abilities, culinary prowess, a considerable amount of experience, marketing skills, host experience, efficiency expertise, knowledge of local dining, and operations skills (Fields, 2007). Bringing name recognition; it is not necessary for a partner to come with money or some skills or qualities. It can be a plausible reason to have a partner on board because of his popularity. This may include a popular or celebrity chef who is to show you how to perform behind the house activities or even attract customers because of his popularity and quality of service. Too many chefs spoil the soup. It is common knowledge that the more partners one has, the harder to align them. One should deal with decision-making controversies before he/she seeks for sources of financing, opening the restaurant’s doors or talking of the business plans. If the partners cannot come to an agreement at this, there are fair chances that any agreement will be reached and probably should not pursue the business together. If

Drunk Driving Essay Example for Free

Drunk Driving Essay Driving a vehicle while under the influence of alcohol is one of the most dangerous things you can do. There is a mass of research evidence to show that driving performance and reaction times are seriously affected by alcohol. Our law in Georgia states, that it is illegal to operate a motor vehicle if your blood alcohol concentration (BAC) exceeds . 10%. Georgia observes a per se law. (Craft) If you drink and drive, you are not only a danger to yourself but also to your passenger, other road users and pedestrians. In fact, every 30 minutes, someone in this country dies in alcohol-related crash. Every 30 minutes! And last year alone more than one million people are injured in alcohol-related traffic crashes. Alcohol is a depressant that slows down body reactions and the working of the brain. Each year drunk driving is responsible for about 25% of these deaths. The risks of drinking are alcohol-related accidents and violence. The effects of alcohol are poor coordination and slurred speech, double vision, decrease of self-control loss of consciousness and death. There are legal consequences due to drinking also. The more a person drinks, the more their ability to make important decisions becomes impaired. After just one drink, a driver can lose their ability to perform the tasks necessary to drive a car. At a certain point, a driver will become illegally intoxicated and can be arrested for attempting to operate a motor vehicle. In every state on out country there is a legal limit to how much alcohol you can have in your body if you are driving. If you drink and drive you can lose your drivers license and even go to jail. Traffic crashes are the leading cause of death for teens and young adults. More than 5,000 young people die every year in car crashes and thousands more are injured. Drivers who are 16 years old are more than 20 times as likely to have a crash, as are other drivers. There are two main reasons why teens are at a higher for being in a car crash and lack of driving experience and their tendency to take risks while driving. Teens drive faster and do not control the car as well as more experienced drivers. Their judgment in traffic is often insufficient to avoid a crash. In addition, teens do most of their driving at night, which can be even more difficult. Standard drivers education classes include 30 hours of classroom teaching and 6 hours of behind-the-wheel training. This is not enough time to fully train a new driver. Teen drivers are more like to be influence by peers and other stresses and distractions. This can lead to reckless driving behaviors such as speeding, driving under the influence of drugs and alcohol, and not wearing safety belts. There is no safe amount that you can drink and still drive. Even one drink can influence your driving offences. Nowadays, drunk driving has become driving while intoxicated, driving while impaired, driving while under the influence, operating while under the influence (impaired, intoxicated, or whatever), and in many states, one can be convicted of DUI even though the police didnt even see you drive. (JMD) It is often too late by the time they seek help. They face losing their license; having embarrassing court appearances, press coverage and heavy fines. Many are just ordinary people who have a few social drinks, get behind the wheel and then get pulled over by the police. Such as Henri Paul that thought he was not too drunk to drive. However, evidence proves otherwise in this report that states, French pathologists drew five separate samples: blood from directly above the heart; also urine, eye fluid, bile and hair. These showed: a. A blood-alcohol level of about 180 milligrams per 100 mil. equivalent to eight or nine scotch whiskies, which is three times over the legal limit in France. b. A little over 20% carboxyhemoglobin, which is inhaled carbon monoxide. c. Traces of two drugs, the antidepressant Prozac and Tiapridal, a drug used to treat alcohol addiction; the Prozac taken regularly since May that year, and the Tiapridal since July. So try to manage your life so that you do not drink and drive. If you go out for a drink, try to go somewhere that you can reach either on foot or by public transportation. Think about sharing the driving on different days with a group of people so that you can take turns at driving. If you do drink even though you meant not to, and you went out with your vehicle, consider taking a taxi or take a Saferide home and leave your vehicle behind. (Saferide) This is a whole lot cheaper than getting prosecuted! Work Cites Craft, Stephen. Interview with Winde Rovira. A ttorney at Law licensed in Georgia and Alabama. 8 March 2000 Saferide. http://www. baddpage. com/saferide. html JMD. DUI Help Website (2000) all rights reserved by jmd-ent. com http://www. dui-help. com/index1. html Bartram, John. The Mysteries Surrounding Princess Dianas Death http://dianaconspiracy. homepage. com/.

Schools Should Provide Teenage Parents with Daycare Essays -- Teen Pre

As times continually change, it is inevitable that statistics will change as well. For each student that fails to graduate from high school, another statistic comes about. An American epidemic that forever seems to be looming on the horizon is the issue of teenage parenting and pregnancies. According to an article pertaining to teen pregnancies compiled from teenhelp.com, the United States has been deemed the leading nation for teenage pregnancies in the Western industrialized world. Due to this statistic, it is important to evaluate what can be done to set up teenage parents for success, as well as what can be done for children born in to young families. In an article on teenage parenting compiled by Linda Mangel, it is said that nearly seventy percent of teenage mothers do not complete their secondary education, and because of this, it becomes evident that a solution is crucial. Secondary schools would benefit from considering the implementation of daycare systems in order to increase the graduation rate for teen parents. The debate as to whether or not daycares are appropriate for high schools poses an important question: does the placing of daycare centers in secondary schools condone teenage pregnancies? In an online journal obtained from MSNBC, it is argued that high school daycare centers do not effectively convey the ins and outs of teenage parenthood, and therefore appear to condone the concept of teenage pregnancies. The reality of this counterargument, though, is that the daycare centers exist solely to provide an ideal environment for the parent and child. As long as these daycare centers are not advertised and put out in plain sight for all to see, it does not appear tha... ... Chen, Grace. "Should Public Schools Provide Teenage Parents with Daycare? - Public School Review." Profiles of USA Public Schools - Public School Review. 24 Mar. 2009. Web. 12 Feb. 2012. Mangel, Linda. "Teen Pregnancy, Discrimination, and the Dropout Rate." American Civil Liberties Union of Washington. 25 Oct. 2010. Web. 12 Feb. 2012. "School's Pregnancy Spike Stirs Day Care Debate - Health - Children's Health - Msnbc.com." Msnbc.com - Breaking News, Science and Tech News, World News, US News, Local News- Msnbc.com. 2 July 2008. Web. 29 Jan. 2012. "Teen Pregnancy Statistics - Teen Pregnancy." Teen Help - Advice for Parents and Teens. 2012. Web. 12 Feb. 2012. Zuckerbrod, Nancy. "Schools Offering Day Care Centers - USATODAY.com." News, Travel, Weather, Entertainment, Sports, Technology, U.S. & World - USATODAY.com. 25 Aug. 2007. Web. 29 Jan. 2012.

Marketing of 15 inch multimedia TV system

The 15 inch multimedia LCD TV system is a high resolution system just like the 17 inch one. The 15 inch multimedia LCD TV is capable of displaying the different features that are possessed by the 17 inch one. The main reasons why the 15 inch TV system has lagged behind in terms of sales could be attributed to its smaller size of the display screen, slightly lesser or fewer features, among other few shortcomings. Despite all these shortcomings, this TV system has the advantage of being cheaper hence it can be afforded by many people. It also has the advantage of having similar feature as those possessed by the 17 inch TV system. By looking at a spectrum of several options in an attempt to raise the sales volumes of the 15 inch TV system, one of them seems to bee more practical and achievable in the prevailing circumstances. This is serous advertising and sales promotion of this product (Don E Schultz, 1997). All seems not lost yet because the product is operating slightly above the break-even-point and therefore if a serious adverting and sales promotion is done the trend can change. Advertising is the creation of awareness of a product and appealing to the public to purchase the product. On the other hand sales promotion stands for other marketing activities other than personal selling, advertising and publicity and is intended to stimulate demand for the product i.e. consumer purchasing and dealer effectiveness. Both advertising and sales promotion are part of what is referred to as the marketing communication mix or promotion mix (http://www.onlinewbc.org/DOCS/market/adv_vs_pr.html) How it is to be done There are several approaches that should be applied in advertising. Advertising is intended to influence long term buying behavior. One way of achieving this goal is through placing adverts continually in the press media i.e. daily newspapers and magazines. Through this it is expected that the adverts will reach out to a large population in the country or the market area. The other means / way in which advertising should be done is through placing adverts in the electronic media such as radio and televisions. This is also has advantage of reaching out to a large audience. This kind of advertising should portray all the positive aspects of using the 15 inch TV system. The visual aspect is likely to create more demand in the short term and also in the long term. Other than adverts in the print and electronic media, advertising should also be done through public launches in different parts of the country or expected market coverage area. During such launches demonstrations on the operation of the TV system should be done. Advantages of using this product should be highlighted during such launches. Sales promotions should also be done. This could involve issuing coupons, free samples, refunds and rebates, premiums or gifts, contests and sweepstakes, point-of -sale displays, shows and exhibitions, among other ways.( Julian Cummins, 1997 ). When these are done properly immediate surge in sales volumes is likely to be observed. This is true because customers like â€Å"something extra† like a gift when they purchase a product, provided that it is of good quality. The product in question i.e. the 15 inch TV system has good quality and hence sales promotion can assist in boosting sales hence profits. Conclusion It is important to know that both advertising and sales promotion can be applied together as part of the promotional mix for the 15 inch TV system. The campaign for raising sales volume for this product can effectively use these two tools to achieve its targets. Personal selling should come in to support advertising by increasing the sales. References 1. Advertising and publicity available at http://www.onlinewbc.org/DOCS/market/adv_vs_pr.html assessed on Feb. 1, 2008 2. Julian Cummins, (1997). Sales Promotion: How to Create, Implement and Integrate Campaigns That Really Work. Prentice Hall 3. Don E Schultz (1997). Sales Promotion Essentials: The 10 Basic Sales Promotion Techniques†¦ and How to Use Them. Prentice Hall         

The Catcher in the Rye by J.D. Salinger - 983 Words

Catcher in the Rye Essay Throughout Catcher in the Rye there are a lot of small parts of the story where it would be linked to the book and to the text all together. J.D. Salinger created a lot of important passages that would be associated with what type of message that he was trying to convey to the audience. Salinger would develop certain characters like Phoebe through her description and actions to have a influence on Holden, thus causing him to change as a character and reveal sides of him that the audience hasn’t seen before. Phoebe really influenced Holden throughout the entire book. When he takes her to the movies Phoebe is able to differentiate and tell if Holden is taking her for a good or bad movie. Yet she does not mind if the movie is bad or good. â€Å"Youd like her...she knows its a pretty good movie† (67). Holden talks a lot about about his sister in this part. Since he is talking a lot about her it shows how important she is to Holden. By doing this i t displays how great Phoebe is. Phoebe is this super smart person and Holden likes to compare her to Alie. Through Holdens dialogue it seems that he really emphasizes on how he loved the red of hair of both Phoebe and Alie. Both of them did have red hair that Holden liked a lot and both are really young when Holden describes them. This shows that Holden likes them being young and Salinger emphasizes on how Holden loves kids because of their innocence. Holden wants to try to preserve this innocence inShow MoreRelatedThe Catcher in the Rye by J.D. Salinger637 Words   |  3 PagesThe Catcher in the Rye, by J.D Salinger, consists of many minor characters. There are more than about sixty characters in the novel in which only three of them are major characters (Holden, Allie, and Phoebe) and the rest minor. Many of these characters are just mentioned with no lasting impact on either the novel itself or Holden. Salinger uses minor characters in the Catcher in the Rye to tell the readers about Holden and his views about the world. The first minor character seen in the CatcherRead MoreThe Catcher in the Rye by J.D. Salinger654 Words   |  3 Pagesfirst questions that came to my mind when I received the first assignment notice that we would be reading The Catcher in the Rye for English class. The title is most likely the single most important word choice that the author must make. J.D. Salinger uses the title in the book to allude to more than just when Holden sees the young child singing. J.D. Salingers title, The Catcher in the Rye, alludes to the conflict Holden faces of sexuality when growing up. The first reference made to the titleRead MoreThe Catcher in the Rye by J.D. Salinger944 Words   |  4 PagesMany people have different aspects and impressions on a teenager’s life. Some say society is the problem for their misbehaviours while others say it is the child who is responsible. 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Salinger862 Words   |  3 PagesThe Catcher in the Rye a novel written by J.D. Salinger, the book starts off with Holden Caulfield, main protagonist, talks about his experience alone the weekend before he went home after getting kicked out of Pencey Prep.Holden seems to be embracing the growing up mentality yet he is frighten of adulthood he is trying to keep his innocence. Holden’s attitude toward life in general is perplexed. He pretends to be an adult by drinking heavily, yet he complains like a child. Holdens thoughts arentRead MoreThe Catcher in the Rye by J.D. Salinger1515 Words   |  7 PagesIn the novel, The Catcher in the Rye, written by J.D. Salinger, Holden Caulfield is a very complex and interesting person to take into consideration and psychoanalyze. His various traits make him a different person from the rest of the phonies in the world. Holden says, â€Å"All you do is make a lot of dough and play golf and play bridge and buy cars and drink Martinis and look like a hot-shot. How would you know you werent being a phony? The trouble is, you wouldnt.† What Holden doesn’t realizeRead MoreThe Catcher in the Rye by J.D. Salinger798 Words   |  3 PagesCatcher in the Rye Essay Anyone who has lost a beloved relative to cancer or other illnesses can understand how difficult it is to return to a normal living routine and move on with their lives without the relative. In J.D. Salinger’s novel, Holden Caulfield has to deal with the loss of his younger brother to leukemia. A few years after his younger brother, Allie, passed away, Holden finds himself being kicked out of yet another boarding school, this one being Pencey Prep in Pennsylvania. HoldenRead MoreThe Catcher in the Rye by J.D. Salinger1104 Words   |  4 Pages J.D. Salinger has written multiple novels, but his most famous is The Catcher in the Rye. Not only is this novel famous for its literary merit, it is also known as his most banned novel in certain schools. Even though this novel has been banned, J.D. Salinger’s themes and moralistic purposes serve literary worth. In The Catcher in the Rye, the reader is first introduced to Holden Caulfield, as first person narrator. He is a radically independent adolescent who tosses off judgments at ease unselfconsciouslyRead MoreThe Catcher in the Rye by J.D. Salinger507 Words   |  2 PagesJ.D Salinger is a very known american writer whose literature became very popular. His books revolved around many ideas such as his view on children. Children in many of his books have an innocence that Salinger grasps onto and makes adults corrupt. Also, he shows how children are teachers to adults but can still be foolish. Purity in children are expressed throughout many stories by Salinger. In Catcher In the Rye, Holden repeatedly expressed â€Å"Did you ask her if she still keeps all her kings inRead MoreThe Catcher in the Rye by J.D. 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Essay on Formation of the Chinese Civilization - 767 Words

Lee Bailey, Sr. His 104 Formation of Chinese Civilization The Chinese civilization was first started during the Xia (2200 BCE-1750 BCE). This it during this era that Chinese people would start to improve upon previous Civilizations. In this essay will see how China progressed throughout history to what it has become based on the their ability to learn from other civilizations and improve upon their own. Agriculture was the bases for all civilizations. They learned ways to cultivate the land and grow crops for the survival of their people. China’s most important water source for agriculture was the Yellow river. This river was very†¦show more content†¦Along with social stature came family and Patriarchy. Generally the man of the family would be the head of household. He would also be the one to perform ceremonies to honor their past ancestors. This customary honoring of the ancestor is known as Veneration. The family will have gatherings to honor past relatives and the father would be the lead patriarch. Even though males were the dominate role in the family, women would take over the household duties. Confucisiam had a large impact on China. Confucius lived 551-479 BCE. He was a great contributor to the Chinese people. He was considered an educator and a political advisor (Bentley and Zeigler p150). He never wrote down his ideas or fundamentals, but his pupils did in the Book of Analects. Confucius thought was fundamentally and morally practical. He believed in Junzi, â€Å"superior individuals† (Bentley and Ziegler p151). Since China didn’t have religion they took to Confucian values. Ren, kindness and Benevolence. Li, a sense of propriety. Xiao, Filial piety. Junzi would bring order to China. Daoism was sort of a critic to Confucius. Daoist believe in the way of nature and goingShow MoreRelatedThe Yellow River And The Chinese Nation1405 Words   |  6 PagesTibetan and Mongol cultural traditions in present day China. The Yellow River is known by all Chinese people as the â€Å"mother river† (Wu). It is also agreed upon by almost all Chinese people that it is the cradle of Chinese civilization and the spiritual home of the Chinese people (Zhou). The Yellow River is the symbol of the Chinese nation, the spirt of the Chinese people, but most importantly civilization itself. The Yellow River gets its name from the yellowish color of the water. The water isRead MoreGeography and Early Civilizations Essay917 Words   |  4 PagesGeography and Early Civilizations Geography had a tremendous impact on early civilizations, the topography of the different regions played a key role in their development and formation. 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Yes, the political accomplishments have matched their economic achievements as both the civilizations are proven adept at running capitalist economies. They were both successful in industrial development. 4. Which aspects of feudalism do you think had the greatest effect on those outcomes? Feudalism was very militaristic which might have made so many societies and civilizations in their hands. 5. If feudalism had persisted in each area, would the outcomes have been as positiveRead MoreThe Art of War Analysis1106 Words   |  5 Pagesfirst written documents that dealt with militaristic strategies and advancements. The book was written by a Chinese military leader named Sun Tzu, who commanded and analyzed his military over the Warring States Period of China. Sun Tzu produced this text in an attempt to provide future military advantages for the Chinese, but The Art of War’s ideas eventually spread to neighboring civilizations and empires. The ideas and facts expressed in Sun Tzu’s writings proved effective as military groups becameRead MoreEssay about The European Renaissance871 Words   |  4 PagesRenaissance Essay The 14th, 15th and part of 16th century was a glorious time for Europe, it was the reformation of many old ideas and the formation of many new, this was called the Renaissance. The Renaissance brought many changes to Europe, the economy was greatly boosted by of all the new explorations. The flourishing economy helped to inspire new developments in art and literature. And from that many new beliefs were formed. The European economy flourished during theRead MoreTang And Song Cultural Influences1180 Words   |  5 Pages The Tang (618-906) and Song (960-1279) dynasties were the golden ages of Chinese classical literature in general, and poetry in particular. Poets of these periods, including Li Bo, Du Fu, and Su Shi, are well known throughout East Asia and are still regarded as revered models for later generations of poets. However, Tang and Song poets clearly had different literary orientations, reflecting differences between Tang and Song societies. During the Tang period, China was open to the outsideRead MoreChinese Farmers Discovered The Terracotta Warrior931 Words   |  4 PagesIn 1974, local Chinese farmers discovered the Terracotta Warrior life sized clay sculptures. The weather was dry in 1974, and the grain was dying in the fields of Lintong County, Shaanxi Province, near Xian, China and some local farmers were trying to establish a new water well by digging at a low point in the terrain. Whilst digging they encountered the first evidence of the Terracotta Warriors. One of the local farmers Yang Zhifa quoted on the discovery â€Å"At first the digging went well. 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Topic 1: On several occasions in class, we discussed the processes of accretion and syncretism. Describe and analyze the cross-cultural influences in a Mediterranean and Indus Valley context. Your essay should provide examples of cultural (remember the components of