Getting a Degree in the Business Administration Personal Statement

Getting a Degree in the Business Administration - Personal Statement Example A person has to work hard and dedicate her/himself towards the program. When I look at my self, I see that I am a hard working person and also have an attitude towards finance. In fact, I have been towards accounting, finance, and administration since the beginning. I completed my bachelors in Accounting in 1998, and masters in Public Administration in 2002. With regard to my working capabilities and experience, currently, I am disabled and physically unable to work full time due to my illness. Before my illness, I was a mid-level governmental financial and budget senior program manager. Although I am not able to work full time at the moment, I still volunteer at Orange County Government’s Neighborhood Centers for Families. These centers provide social services to lower income areas. I work in the organization as a volunteer by helping families establish family budgets. With regard to my future plan, I would like to return back to work as a full-time regular employee within a couple of years. In the future, I would like to utilize the competencies and expertise I learned in the business classes, especially in finance and organizational behavior to make the most of the growing relationship between the government and the non-profitable private organizations. After completing my degree, I would like to work as a part-time Adjunct Professor at a local university or college. As a part-time professor, I believe that I can focus on my true desire for teaching and research in a selected area in the field of finance. Doing research in minority finance is one of my dreams. I want to do research in this as I see that there is an ongoing belief in the African-American population that funding for African-American run non-profit companies and it cannot be found especially for upstart companies.  Ã‚  

Tucker the Man and His Dream Essay Example | Topics and Well Written Essays - 1250 words

Tucker the Man and His Dream - Essay Example According to the essay "Tucker the Man and His Dream" findings the movie indicates the fact that the several units were made. Mr. Tucker’s idea failed severally on various occasion deterring his dream and opportunity. The fire occasion when the idea was deemed to fail is when the three largest car companies in Detroit wanted to squash Tucker. The biggest failure of this great idea and opportunity is when Tucker realized that he is no longer the owner of the company. Tucker’s naivety had cost him an opportunity of owning a car company that was meant to transform the world. Tucker did not read the terms of the contract when Benington came on board. This failure if avoided could have saved Tucker’s qualms and misfortunes in the future. A holistic team is very crucial for the success of any project. To some extent the team that was involved in the making process of this car is holistic. Tucker was a charismatic leader with the intensive prowess of the corporate arena . Abe Karatz was a key individual that would make sure that Tucker’s idea is achieved by ensuring it gets the right finance needed. Benington was the next person on the team that would manage the company though he had a point it was him that contribute to the abolishment of Tucker’s ownership in the company. The other key individual in the team was Alex, an automotive engineer he was chosen because of his exceptional skills in the automotive sector. Financing is a very fundamental issue that can determine whether a project will fail or succeed.

Optimization of Macromolecular Crowded Culture Dissertation

Optimization of Macromolecular Crowded Culture - Dissertation Example These cells handle the synthesis of the extracellular matrix as well as collagen. The cells will redifferentiate into two states namely, the activated state and the less active state. The resultant less active cell plays a role in the metabolism of the tissues and its maintenance. Despite the cells own ability to replicate, therapies on the cell have grown to produce various substitutes not only for the skin.Also, for the lungs, and blood vessels through an extracellular matrix of their tissue.There was interference with the structure when initial attempts were made to use seeded scaffold cells on collagen. That was due to the remodeling of the tissue, and its functioning. These limitations greatly contributed to the establishment of a mechanism for cell recreation that is independent of the structure. These methods are either self-assembly or scaffold-free tissue engineering. The previous uses a cell to cell contact to come up with a contiguous cell sheet fabrication. Also, ECM is e ndogenously produced through this process. Â  There are various clinical and preclinical methods that have already been commercialized especially due to extremely long duration needed for cultures of ex vivo (Dityatev, 2010). As a result, there have been many trials made to achieve tissue-engineering of varied tissues, cartilage, bones, liver and other organs. Among these, some of the most successful constructs of tissue engineering include bladder, airway, and the artificial skin. The process of having completely functional constructs is however faced with the challenge of increasing complexity in the nature of tissues. Â  The proposal uses a new approach called macromolecular crowding to create similar issues as the products of ECM.

Benefits of IFRS Essay Example for Free

Benefits of IFRS Essay IFRS will enable US bank to compete globally; more than one hundred countries in the world are already using IFRS. This is because more than sixty percent of investors in US operate foreign stocks with foreign banks and other companies which use IFRS. Therefore, if US bank fail to switch to IFRS, transparency and comparability will reduce for US issuers and investors (Silver, 2009). Furthermore, US exchanges such as the NYSE have been gradually losing their position as the place where worldwide companies list their shares. This being the case, the US bank has been affected since foreign investors now prefer investing their wealth in other banks where the accounting standards are not as strict is in the US. To avoid losing investment opportunities and lagging behind the current developments in the field of accounting, US bank does have to switch to IFRS. Comparing the annual report of Rabobank with that of Wells Fargo bank shows how IFRS reduces financial reporting into smaller and less complicated documents. The 2009 annual report of Rabobank were complied in a 61 (Rabobank, 2010) pages document while that of Wells Fargo were documented in 196 pages (Wells Fargo, 2010). This implies that IFRS summarizes financial reporting more than thrice of the GAAP accounting standards. It is also evident from the annual reports of the two banks that IFRS provides more comprehensive historical information regarding the performance of the bank over the past five years(the case of Rabobank) while GAAP only gives the present and previous year’s figures. This makes IFRS more effective since the stakeholders, management and investors can be able to track the financial position of the bank at a glance so that which is very important for future palming (IASCF, 2009). Adopting IFRS will make reporting for most banks in US easier since it will reduce the complexities of comparing financial statements from different subsidiaries across the globe. It will also facilitate internal consistency and streamline all operations, auditing, reporting standards, training and company standards (Articles Base, 2009). For instance, Rabobank applies IFRS on its financial reporting. This has greatly improved the efficiency of the bank since it operates in more than forty countries around the world. Following the bank’s annual reports since 2004, the total net profit calculated using IFRS was higher by 15 million Euros as compared to the same when calculated with GAAP (Rabobank Nederland, 2005). This difference was majorly due to the benefits of reclassifications of interest income under IFRS. This is because under the IFRS accounting standards, several interests are no longer consolidated and this results to lesser third-party interests (Rabobank Nederland, 2005) Disincentives of adopting IFRS IFRS accounting standards are less detailed as compared to GAAP; GAAP is more complex and based on rules while IFRS is based on principles. Adoption of IFRS will reduce the quality of financial reporting because most of the rules applied for GAAP have been let-out in IFRS—while IFRS principles fit in a single two-inch thick book, GAAP standards fit in a nine-inch thick book—this indicates that the details and reporting requirements of IFRS are fewer and compressed (IASCF, 2009). Adoption of IFRS implies that banks will incur additional costs: training staff on IFRS standards and also initial conversion costs which will be paid to advisors and auditors (Articles Base, 2009). Considering the format of the annual reports of the two banks, it is evident that IFRS eliminates many items from the annual report and presents only the consolidated financial position of the bank. Information eliminated from Rabobank’s 2009 financial reports include the vision, mission and goals of the organization, financial reviews, the report from independent registered public accounting firm and reports on stock performances; however this information is provided in Wells Fargo 2009 annual report.

Use Of Timber In Projects Construction Essay

Use Of Timber In Projects Construction Essay The informal interviews revealed some additional factors, not discussed in the literature review, which may have helped to shape the position of timber within the marketplace in the UK. These factors were included in the formal questionnaire and are discussed below. Time to complete timber construction projects Discussion with timber engineers revealed that the time taken to build on site with timber is longer than typical steel structures. Though we would not wish to suggest that careful engineering of steel structures is any less important, it must be accepted that the steel construction in the UK has a very well established track record for single storey non domestic use. Steel sheds for commercial and industrial use are ubiquitous the length and breadth of the UK and, by association, the engineering and site skills which produced them must be very well established in the UK construction industry. How long history of steel construction manifests itself in a construction project can be quite subtle. The bolt length in steel is 30mm but timber can be 300mm so tolerance to fit them on site is far narrower with timber. Timber engineer, Peter Steer remarked that to get the bolt into its fixing can be highly problematic and can cause delay for inexperienced fabricators. Such delay simply wouldnt happen for steel fabrication as the skill involved in fitting a 30m bolt is commonplace compared to a 300mm bolt. There are very many more steel fabricators with the skills to deliver the former but far fewer timber site specialists who can comfortably deliver the latter. So the tendency is for delay on site. It is difficult to compare timber projects with an exact match for a steel frame project but timber structural engineer Frank Werling said that engineered timber structures can require 3 weeks to engineer versus 1 week for steel. Price differential between steel and engineered timber sections Nick Milestone, MD of B K Timber Structures said that the rising price of steel during the period 2000-2008 saw the price of engineered timber draw closer to comparable steel sections. This gave greater price competitiveness to timber suppliers and the use of timber gradually became more widespread in the UK. The word gradually must be emphasised there because long span timber structures were still quite rare until very recently when supermarkets and their architects led the way in demanding timber for these low rise, long span timber structures. Even though steel prices were climbing rapidly there was such a weight of expertise, of established supply chains and comfort of architects and clients in steel structures that steel retained its hegemony in the market. However since 2008 steel has crashed from circa 1400euro to 1000euro a tonne. This has coincided with a drop in the value of the pound relative to the euro. (European Central Bank statistics www.ecb.europa.eu/stats) The result is that, although the disparity between steel and Glulam sections had narrowed to approximately 10% in 2008, it is now over 40%. However demand at BK timber structures hasnt fallen while the price differential has widened during the past 2 years. This may be because there are other drivers such as the high aesthetic of Glulam beams and the sustainability of using timber structures that are keeping timber buoyant in the marketplace. Supply of engineered timber for large framed structures Tim Reynolds of BRE explained that UK timber eg Sitka spruce has a strength grade of C16. That grown in the drier EU countries is C24 or better. Glulam requires at least C24 timber. Therefore, here in the UK we must accept a situation where our own forests cannot produce timber of adequate strength grades. Either the timber is imported from other countries for UK factories to produce the Glulam, or Glulam sections are bought ready made from factories overseas. If the former situation were to take place then a company would need to find enormous start-up costs to procure the right machinery and train the workforce necessary to begin producing large Glulam sections. This would need to take place against a growing but still relatively minor market share for engineered timber frame construction in the UK. Furthermore, this hypothetical new UK Glulam factory would still be competing against established European competitors who have developed their expertise and can use locally sourced timber. In fact, often the large forestry and sawmilling companies in EU nations have sufficient scale and turnover to be able to afford the capital investment necessary to develop their own Glulam manufactories. This could not realistically take place in the UK where, not only do our forests produce insuffici ently strong softwood for Glulam manufacture, but the forestry industry is diffuse. Small UK forestry firms with modest turnover are content to sell their lumber for fence posts and other lower grade uses. They would be unlikely to find the capital necessary to establish their own Glulam manufactories. Where timber buildings, such as grid-shell structures, can be built with lower strength UK grown timber there has traditionally been a problem with the supply from the UK forestry industry, according to Peter Wilson of the centre for Timber Engineering at Napier University. The Scottish enterprise centre identified this as a key barrier to development of UK forestry into higher value added markets. It came to the conclusion that the barrier to using UK grown timber was a lack of qualified engineers who understood the potential of the material. For this reason the centre for timber engineering was set up. Peter Wilson says there has been a significant improvement in the skill base in the UK but there is still no culture of building with timber in the UK. Also, here the forestry sector is fragmented and, apart from isolated examples such as the magnificent Savills Grid-shell building, earns its living at the bottom of the value chain with fence posts and pallet manufacture. Due to this fragmented and low earning forestry sector there is little capital to invest in plant and sawmill machinery. By contrast, Scandinavian, Austrian and German forestry companies are large economic concerns with the capital to set up Glulam manufactories where start-up costs can be 20 million euro or more, almost as a secondary concern. No UK timber company or forestry company would be able to set up such a facility. This is likely to remain a structural reason why high strength structural engineered timber must be imported into the UK. This may have implications for surety of supply and cost differentials due to exchange rates. UK traditional procurement methods According to survey respondents the UK has, to some extent, lagged behind mainland Europe in the adoption of Project Management procurement methods, or Novated design and build, where a site structural engineer can be part of the design team at an early stage. There are fewer architects experienced and skilled enough in designing the connection details of large span timber structures in the UK due to the relative scarcity of such projects. By contrast architects who can design and work with steel connections in relative comfort are far more common and all stages of the design process for steel structures are so well established in the UK that the plans are efficiently realised on site by the steel fabricators. The relative lack of recent project experience from UK architects with timber means that the involvement of a site structural engineer is of great importance. The connection details can be complex and often need to be prefabricated to specific design tolerances before they can be assembled on site. A traditional procurement process would tend to leave these connection details until later in the process when there is a pressing and critical need for erection of the structure on site. As the site engineers in this traditional process will be unlikely to have been involved in the design team then there will be inevitable delay as they attempt to interpret the plans of the design engineer. At this point, the costs incurred by the site fabricators are higher as they are devoting more resources into carrying out plans that they have not been involved in. This lack of communication or cohesion in the design of the engineering element of the building can have cost implications and act as a d isincentive to design timber structures. If we look at the example of the Savill building at Windsor great park Green Oak Carpentrys Site Manager, Steve Corbett, said there were genuinely no real problems with the construction, which he attributed to the architect commissioning Buro Happold and Green Oak Carpentry early in the design phase so that engineering issues were addressed as part of the design from the start. Mark Feely, a chartered architectural technologist, who worked on a recent RICS award submitted design for an ASDA timber store in Oldham told me that his client pushed for a sustainable green store and Finn Forest UK Ltd were employed before the architect. It was a design and build contract so it was unusual to go straight for a technical supplier without competitive tender. Mark explained that sometimes this unusual sequence of procurement happens when a contractor is persuasive with a client and can demonstrate a technical mastery of a structure that suits their needs. This possibly lends weight to an argument that both clients and architects lack the experience of working with these timber structures and are looking for technical leadership from contractors who, as we have discussed, are few in UK construction. This ASDA store was also deemed to be time critical as there was a clear marketing strategy to keep pace with Tesco who had recently procured a timber framed store buildin g. Fire risk, perception of risk and insurance implications Suppliers of timber structural products said that they faced a perception from clients that their building insurance would be higher due to a perceived high risk of fire. Discussions with fire engineers at insurance companies have suggested that there is no price difference fixed for timber structures and it depends on the overall building design and detailing. Skills and training in design and assembly of timber structures There are fewer carpentries in the UK than in other EU countries where there is a tradition and a demand for timber building in non domestic settings. For timber contractors such as BK structures, the demand for their services can outstrip their capacity and as there are few competing companies the order books become full and projects may struggle to find contractors without booking well in advance of the project. This would also suggest that the price of carpentry is kept buoyant by a relative lack of competition. At the Napier school for Timber engineering there has been a recent surge in applicants for courses in timber engineering to Eurocode 5 on 31st March 2010. The courses were oversubscribed and, while this represents a positive demand from qualified timber engineers for developing their skills, there will be an inevitable lag effect. Engineers will need to familiarise themselves with EC5 and to become proficient with putting the new code into practise. Dr Julie Bregulla of the BRE told me that this is quite a significant barrier for the UK timber industry and stems from the almost cottage-industry nature of the sector. In other countries the timber sector has more resources to employ people to lobby and negotiate to have the code structured in a way that suits their industry. Analysis of structured questionnaire The table on (page) shows the full data set from the respondents to the questionnaire. The statements listed were put forward to a range of leading figures from all parts of the supply chain in timber construction. Suppliers, clients, timber engineers, architects and academic research professionals were asked to rank these statements from 0 to 10 with 0 at the end of the continuum where there was profound disagreement and 10 at the end where there was strongest agreement. This data is expressed in the chart below, where the bars represent the highest, lowest and mean ranking for each question.

Essay examples --

II. DIELECTRIC LOADED EXPONENTIALLY TAPERED SLOT ANTENNA DESIGN The ETS antenna is also known as flared notch antenna, is among one of the most promising antenna satisfying all requirements described in the technical challenges [11]. It is fundamentally a planar traveling wave antenna with end fire radiation. This antenna is the preferred candidate for Mm Wave applications due to its wide bandwidth, low cross polarization and highly directive patterns. A major advantage of this antenna type is that the wide bandwidth and maximum gain can be achieved using exponentially tapered profiles with dielectric loading [12]. The proposed dielectric scheme provides an interesting alternative. This antenna is integrated by using a single substrate. It is easy to fabricate and the structure is compact [13]. To eliminate the higher order modes in the waveguide, the thickness of the substrate is restricted. The loaded dielectric slab in front of the antenna can be considered as a dielectric guiding structure excited by the exponential flare resulting in a wider beamwidth and maximum gain. The compa...

TBL approach

Three stages could be involved in this cycle of continuous improvement, which tend to build on each others over time. These are Compliance: Many enterprises will decide to adopt the TUB approach in order to simply comply with the buyers' expectations or local regulations, with aim of retaining their â€Å"license to operate† in the face of buyers' demands or government inspections.Efficiency: With time or sometimes in parallel with the pressures to comply enterprises will come under pressure to improve performance and they will use this pressure, handled through a TUB approach, as a driver for cost savings, productivity improvements and quality enhancements focusing on process efficiency and resource utilization. This option offers a mix of cost saving and productivity improvements.Differentiation: Later on the enterprises involved for sometime In the TUB process thought of using the TUB approach strategically, aiming at strengthening their competitive position by moving them from being â€Å"price takers† to being â€Å"price setters† Criteria for selection of industries: The enterprises are Seems (Small and Medium scale Enterprises) Significant direct or indirect exporter The existence of at least some management capacity and the availability of an information system Significant level of Interests shown by person within the enterprise with a track record of leadership or Innovation and the authority(CEO/ Chairman/Plant manager) to sustain an Initiative such as TUB In the face of competing pressures A clear potential for Improvement Likelihood of effect arising from changes at the selected enterprise Basic stages of any sustained TUB process: The basic stages of any sustained TUB process Includes Enrolment:Being prepared for to â€Å"sign up† for the program In the beginning Application: Being prepared to commit company's resources especially staff time to Investigating company's performance Implementation: Being prepared to Invest resources In Implementing options arising from the TUB process Maintenance: Being prepared to sustain over the long term, the Minimal gains made as a result of Implementing Improved options CONTINUOUS IMPROVEMENT By businesswoman Later on the enterprises involved for sometime in the TUB process thought of information system Significant level of interests shown by person within the enterprise with a track record of leadership or innovation and the authority(CEO/ Chairman/Plant manager) to sustain an initiative such as TUB in the face of competing pressures A clear potential for improvement The basic stages of any sustained TUB process includes Enrolment: Being prepared for to â€Å"sign up† for the program in the beginning Application: investigating company's performance Implementation: Being prepared to invest resources in implementing options arising from the TUB Being prepared to sustain over the long term, the initial gains made as a result of implementing improved options