College Education Is Essential In Todays Society :: essays research papers

School Education is Essential In Today's Society      In the present society an advanced degree is a basic piece of seeking after a vocation. While in school an individual can decide his qualities and shortcomings in whatever way he chooses to take throughout everyday life. An advanced degree is likewise the initial phase in acting naturally adequate and living without anyone else. School life moreover allows an individual to communicate his brilliant and inventive capacities and to supplement the abilities that he learned in secondary school. City University will give me an extraordinary chance to accomplish these objectives and to arrive at another level in my insightful investigations.      In my life I intend to seek after a profession in the aviation field. To get a work in this field one needs an advanced degree and City University fits the bill. Its educational plan and achieved educators will allow me to accomplish my objective. Every one of the free schools of the college framework is profoundly specific and specific to its own field of preparing. This will help candidates like me focus on my particular profession way. I have visited the college grounds twice and each time I have been intrigued by the commitment of the personnel to guarantee that the understudy's instructive needs are met and outperformed. I see that the college is worried about the instructive prosperity of its understudies. This is exemplified by the inexhaustible coaching openings that the college offers. Not exclusively is the staff excellent, City University has amazing innovation.      City University is on the forefront of innovation which is irreplaceable in the aviation field. The EOS processing condition is a foundation for building an extension to what's to come. This framework will give me numerous chances to utilize its assets to strengthen my abilities while seeking after my occupation. Approaching a great many PCs everywhere throughout the world, with the data I need readily available will drive me to a more elevated level of scholarly fitness. The massive number of PC bunches accessible at the college empowers an understudy to arm himself with the information expected to help him

JP Morgan Chase Financial Analysis Report - Click to Get Solution

Question: Talk about aboutt he Financial Analysis of JP Morgan Chase and Co. Answer: Presentation: JP Morgan Chase Company is the holding organization and it works under the Chase and Morgan marks and is one of the main monetary establishment foundations on the planet. It is perhaps the most seasoned foundation, which goes back to 1799. It is the biggest bank in the United States, is universes 6th bank regarding estimation of net resources, and has net resources of worth $ 2.4 trillion The Company made a record as far as net gain of $ 24.4 million on income of $ 96.9 million (JPMorgan Chase Co 2016). The organization has workers of more than 235000 and has a large number of clients running from private ventures to the main corporate customers and to the legislature. The organization has been fit for building the key customer establishment over the long haul. The fulfillment of the client and their steadfastness toward this speculation banking organization is most elevated in the business. There was a lofty ascent in the consumer loyalty since 2010. The organization has made a wond erful measure of interest in arrangement of Anti tax evasion. The organization has conveyed a record result throughout the previous not many years. The fortified authority position and the kept up establishment helped in picking up the piece of the overall industry. The organization kept on conveying the incentive to the investor and the book estimation of the offer is on the ever ascend since 2004, however some vulnerability and administrative and lawful expense has prompted lower cost procuring lower than that of contenders. The organization is proceeding to construct the business by putting resources into innovation, item and foundation and by expanding the branches everywhere throughout the world. The organization is equipped for dealing with the dangers so it can make due in any situation through administration of the dangers and procedures of testing the pressure. The organization means to turn into a drawn out financial specialist (Burnell 2013). Conversation: Effect of key choices made by the senior administration on the monetary wellbeing of the organization The senior administration of the JP Morgan Chase Co has been hopeful about the development of the organization and the vital choices made by them have a potential for development. At the point when the contenders are chopping down the interest in deals, venture banks and exchanging, however the JP Morgan is putting resources into the equivalent and this is on the grounds that as on the worldwide level the requirement for exchanging is expanding. In spite of the greater expense, the organization is making reasonable benefits. As the customers now a days needs the administrations in a more extensive manner in all the class of advantages and it has the size of the benefits. The organization is making interest in deals, exchanging is in innovation, this would help in getting to the exchange a more secure, quicker and less expensive way, and it can change in accordance with the refreshed guidelines. Additionally putting resources into such thing would assist with teaching the individuals about the economy, organization, protections, this would thus make it simpler for the corporate to auction their protections, and this would cause them to investigate, contribute and develop (Cheng et al. 2013). The choice of making nonstop interest in E exchanging has made the organization to be the first in conveying the FX exchanging Investment FX business has empower them to process the exchange of a normal of about 500000 every day and this has pushed them to develop as the pioneer in the market. The piece of the pie of the money value has gone straight up from 70% to 97% in the range of two years. The senior administration additionally presented a vital over the counter subsidiaries. Preparing the exchange through this specific stage has prompted the half decrease in the expense per exchange the time length of four years and the volume of the portfolio has expanded by 30%. Derivate notional worth $ 2.2 trillion is chosen an everyday schedule through this stage. This has prompted a more prominent effectiveness in activities, which go about as a driver to bring down the expenses and at last the money surge, and this makes upbeat clients. JP Morgan Chase Co is proceeding with its business of home loan and it is a result of the brand, which imagines that it is equipped for building the quality and home loan business that are not unpredictable and it helps in building the drawn out relationship with the clients looking for contract. The planning the item set to 13 from 37 and sensational decreases of starts of government lodging organization and this specific technique has served t o dispossession stock by over 80% (Lee et al. 2015). The avoidance of the organization structure the matter of dispossession has decreased the expense and challenges. The situation of more grounded nearby monetary standards and feeble interest from outside would make a delay the development rate thus in the significant markets, the organization remained generally less overweight and this was for Japan. Then again, the organization underweight to UK values will in general have bizarre outside introduction. Despite the fact that it can't be totally said that the US economy would be sound and would succeed and it isn't influenced by the world yet the development would remain solid. This technique of the executives has had the option to offer the budgetary expressions great as the vast majority of the procedures have prompted cost decrease and expanded speculation and development. Likewise the methodology of the organization in loaning against the great type of security and they did 10 billion sort of this loaning and they could without much of a stretch deal with the dangers (Tien et al. 2013). Assessing the budgetary exhibition of the organization utilizing various strategies The money related execution of the organization is assessed with different instruments and utilization of strategy. Here, the investigating of the information is to be finished utilizing the proportion examination and vertical examination. Different proportions give a profound understanding to the outcasts with respect to the money related execution. The correlation is made to one of the contenders and here the organization to be thought about is Wells Fargo Co and it is one of the contenders of JP Morgan. Different proportions are utilized in breaking down the budgetary exhibition: Profit for resources is acquired by isolating the net gain of the organization by the estimation of benefits. The arrival on resource proportion for JP Morgan for the three back to back years keeps on rising and it was 1.039 in the year 2015 when contrasted with .845 and .74 in the year 2014 and 2013. The proportion expanded and this shows the organization has been productive in using its advantage for create procuring. The proportions for Wells are very high when contrasted with JP Morgan, however the proportion has diminished throughout the years from 1.43 in the year 2013 to 1.28 in the year 2015 (JP Morgan Chase Co, 2015). It isn't acceptable sign, as the organization isn't effectively using its present resources. Nonetheless, the proportion is high in contrast with JP Morgan (JPMorgan Chase Co 2016). Diagram 1:Return on resources proportion (Source: Created by Author) The proportion is expanding for both the organizations however the proportion for JP Morgan is very not as much as Wells and Fargo for the continuous three years. Profit for value shows to the financial specialists of the organization that whether their venture is overseen productively overseen by the organization and how their assets is used and how much return it has had the option to create for the investors. This proportion is determined by utilizing the accompanying recipe: ROE= Net pay/Shareholders value The arrival on value for JP Morgan is expanding throughout the years and it has expanded to .094 in the year 2015 from .0846 in the year 2013. The proportion for Wells has diminished in the year 2015 however was pretty much stable in the earlier years. It is .118 in the year 2015 thought about to.125 in the year 2014 and .128 in the year 2013 (JPMorgan Chase Co 2016). Diagram 2: return on value proportion Source :( made by creator) In any case, when the arrival is thought about between the organizations, Wels can give better yield to their speculators than JP Morgan. Current proportion helps in estimating whether the organization can meet the present moment or long haul commitments with the assistance of utilizing its present resources. Current proportion is acquired utilizing the recipe: CR= current resources/current liabilities The present proportion of JP Morgan for the year 2015 and 2014 is 2.029 and 2.475 separately and it is 1.829 in the year 2013. Be that as it may, the proportion has diminished in the present year yet at the same time it is mutiple, so it is viewed as suitable and the business doesn't have any long standing duty. Then again for the Wells , the proportion for the year 2015 stands at 1.69 and it is 1.85 for the year 2014 and 1.9424 for the year 2013. The present proportion is falling throughout the years and it is attractive and is in the range. It demonstrates that the organization is proficient in utilizing the present resources. Chart 3: current proportion Source: made by creator At the point when it is contrasted with JP Morgan, the proportion is at better situation for Wells and JP Morgan has higher proportion, which shows that the organization liquidity is protected, however it may have issue of long haul stock. Proficiency proportions show how much the bank is paying on the working costs and shows how proficient bank is transforming its assets into income. The lower the proportion the better it is for bank. In the event that the proportion is high it would show that the income is diminishing or cost is expanding. It is acquired by utilizing the accompanying recipe: Proficiency proportion = Expenses/income The proficiency proportion of JP Morgan for the year 2015 is .6308 when contrasted with .6422 in the year 2014 and it is .729 in the year 2013. It very well may be seen that the effectiveness proportion has gone down for JP Morgan. The proportion has diminished throughout the year and it is a decent sign. Similar proportions for Wells Fargo Co for the year 2015 and 2014 is .580 and .5813 individually and it is .5829 for the year 2013, so it very well may be seen that the proportion for Wells is steady for the three back to back year. In any case, when the proportions are contrasted and the JP Morgan, the proportion is very low. So it is said that the effectiveness of the Wells and Fargo Co is better than that of JP Morgan (DeAngelo and Stulz 2015). Effici

Where did my Summer Go

Where did my Summer Go So much has happened this summer. I mentioned in my last post, They Call Me Yankee, that I was spending my summer in Houston, Texas working for a tubular products company, TMK IPSCO. What I did not mention is that they chose me â€" the inexperienced and very young intern â€" to travel to South Korea for two weeks to work on a project. In the words of one of the trading company folks â€" “They chose an intern!?!? Which crazy person let that happen!? I am absolutely honored to have had the opportunity to go on that trip, and to help make connections and friendships with some of the coolest people in the world. And it did happen for a reason. I was chosen to help make those connections, and gain valuable experience. A lot of crazy people approved the trip. Before I left for Korea, my friend Eric A. UH’15 and I explored Texas. We spent the weekend in Galveston, which is the Island south of Houston. We went to Moody Gardens and gawked (okay, I gawked) at the penguins, and then to Pleasure Pier where we challenged ourselves to get full use of our all-access passes and ride every single ride, no matter what the age limit was. (Yay frog hopping! The kid next to me was cheering, the kid next to Eric was crying.) The Tuesday after that weekend, I was off to South Korea business class! It was so classy!! It is company policy for most companies (I think) to provide business class tickets for employees who are going on company business trips over four hours or internationally.  I was really excited to enjoy my first non-economy flight. They gave us socks! And slippers and like six meals and the seats had a million positions!! And our stewardess knew our names! On the flight to Incheon International Airport in Seoul, South Korea, I sat next to a guy named Tim who was enlisted in the Air Force, and he was just as excited to be in business class as I was. We talked for a really long time about engineering and South Korea and MIT and all sorts of other things, and it was really enjoyable talking to him. At the end, he even stuck with me to make sure I was on the right track, even though I was traveling with one of the directors from work. He was a good guy. Thanks, Tim. Once we got to Seoul, I got really confused. Everything was in Korean, but thankfully I was traveling with a native Korean. Well, Sang’s Canadian now. But he grew up and went to university in South Korea, so he knew what everyone was saying and was very excited to see his family and friends. That night, we got to the beautiful guesthouse for the customers of the company we were visiting. It was gorgeous, and the rooms had a fantastic view of the water. The unfortunate part was that the guesthouse was located in a small steel town about an hour away from the main city, Seoul, So there wasn’t much to do around there, except for gazing at the view and watching Adventure Time in Korean. We did business-y stuff all week, but I didn’t know anyone in South Korea, so I didn’t have any plans for the weekend while Sang had his weekend all set up with family and old friends. Sang did not want to leave me alone in the rural area where we were staying, so he set me up to stay at the Ritz Carlton in Seoul for the weekend. It was a beautiful hotel located on Gangnam Street, like in the song! Fun fact: Psy went to school at Berkeley College in Boston! Sang also set me up with different female engineers from the company we were visiting. On Saturday, Hyunju and her boyfriend, Carl, took me around Seoul to visit Gyeongbokgund, Insadong and a whole lot of other awesome places. Hyunju was really awesome she volunteered to take me around the weekend after her vacation! On Sunday, my friend Charlotte and her boyfriend adopted me. Charlotte and I quickly bonded Friday afternoon on our drive to Seoul due to our common interests including dogs, Marvel movies and penguins. I love penguins! Charlotte said that she went to Australia and saw tons of penguins there! Now I really want to go to Australia. That day, we went to the IFC mall and grabbed some pizza and traditional Korean pastries to go, and then sat by the edge of the Han River that flows through Seoul to eat our lunch. In South Korea, Gorgonzola pizza is very popular, and it is almost always dipped in honey. It is really yummy. After lunch, we went to 63city, which is a really tall building with the worlds highest altitude art museum. It reminded me of the Prudential Center, except with Andy Warhal paintings instead of a restaurant. Sadly, it was very foggy out, so my pictures werent that great, but it was still very pretty! After a quick stop in Hongdae to drink some grape-flavored Makgeolli (Amazing sweet rice wine. I miss it so much.), we all went to the US army base near/in Seoul to see where Charlottes boyfriend lives and works. It was really cool. I bought Starbucks just to spend American money. I was a little homesick, and visiting the base made me feel a lot better. After our adventures, Charlotte and I said goodbye to her boyfriend and started our drive back to the guesthouse in that smaller town south of Seoul. There was another week of work, and then it was the weekend. My boss was supposed to fly in on Wednesday, but he missed his flight and ended up flying in on Thursday. He joined us for dinner that night, and then headed back out to Seoul with us Friday afternoon. Sang set us up at a restaurant in Gangnam after we checked into the Ritz Carlton, where we had more Makgeolli. The best part about my second stay at the hotel was my room upgrade. This summer, my roommate and I were place in a Marriott Residence Inn while we worked at TMK IPSCO’s RD Center. It was really nice, and since we stayed so many nights, my roommate and I split the Marriott rewards points in half. Staying at the Ritz Carlton also gives Marriott rewards points. So my first weekend there, I reached Marriott Gold status.  The second weekend, I got a premium room upgrade! There was a beautiful view from the windows, and the room was amazing. I was even more grateful to have the opportunity to share my story and advice with the father of a potential MIT student. On my flight back to Texas from Korea, I sat next to yet another Air Force guy, Brian, except that he was no longer enlisted after over twenty years of service. His daughter, Serena, is a musical savant and an academic genius, and her father was very proud of all her accomplishments. We talked for a long time about how I got to MIT and what it is like, and in the end I gave him my contact information so that he or his daughter could contact me with any questions. I hope they do, it was really fun talking to him. I got back to Houston at around 9pm Central Standard Time, very confused because of the time difference. 9pm in Texas is 11am the next day in South Korea, I think. I’m still confused from it. My boss told me to take the next day off, but I was afraid to do that because the interns all had presentations on Tuesday to give to upper management of the company, including the president and chairman of TMK IPSCO. I was really excited because the chairman went to MIT undergraduate, and I really wanted my presentation to be awesome. The next week passed by in a blur, though. I was jet lagged for some time, unable to function at others. I practiced my presentation with the other RD interns, and we prepared ourselves for the arrival of all the other interns from the many TMK IPSCO locations around the country for the final presentations. Bo M. ’16, who was in my 3.022 lab group last semester, flew in from one of our plants in Ambridge, Pennsylvania with three other interns, and there were seventeen of us in total. We hung out Saturday night, watching Lucy and Spring Breakers and eventually Harry Potter. Sunday afternoon, we all went to a soccer game to watch the Dynamo’s play Washington DC. The Dynamo’s won in the last few minutes it was my first soccer game, and a great one! Monday morning, we all woke up early for a day of practice presentations. I stayed calm and tried my best to give a good presentation, using everything I learned from UPOP’s team training camp and more. Tuesday was the big day we gave our presentations in the afternoon and the upper management was very excited to hear about our projects. Bo’s presentation was particularly awesome. The next morning, most people flew back to their locations to close up their internships, but Bo didn’t have a flight until the afternoon so I brought him to the RD center for a tour. Bo and I missed the intern orientation at the beginning of the summer because it was during our finals week at MIT, so he never got a chance to see the RD center or meet the people there. I was happy that I got to show him around the labs that I’ve spent so much time getting to know and enjoy. The traveling and presentation and everything really caught up to me that Wednesday, after I said goodbye to Bo. I passed out in the afternoon, and I couldn’t get out of bed Thursday morning for work. Thankfully, my boss was very understanding, and I got myself together to go in early on Friday for my last day. And it was sad, because I don’t know if I am going back next year or maybe in January for IAP, or when I will see these people again. The internship was for such a short period of time, but the people I met were so incredible and I really am going to miss them. My boss gave me some honest advice, and I closed off and passed on all my projects. And here I am on a plane. I haven’t been back to New York since March, and I’m really excited to see my dog and my family and friends. And I am passing through airport after airport, excited for whatever happens next.

The Quality Of The American Government - 1394 Words

Bailey Kelso Professor Garvin POLS 101 9 August 2015 The Quality of the American Government Ever since the government was put in place in America, two fundamental questions have emerged distinctly: how should the government rule its followers? Moreover, what should the government do? America gained independence in 1776 after Richard Henry Lee moved a motion in the Continental Congress requiring Britain to grant the country its independence. The motion was approved on July, 2nd the same year. Thomas Jefferson wrote the declaration of independence, which justified a revolution. Today, historians study and interpret the declaration as a philosophy (Matzke, 14). Framers of the American Constitution wrote conflict into the constitution†¦show more content†¦On the other hand, when John Kerry claims that tax cuts are only meant to benefit the rich, â€Å"objective onlookers† such as Lakoff, it states that he is positioning himself as an opportunistic liberal, fishing for votes (Iyengar, 2005). The following discussion reveals how framers of the 1787 American Constitution intentionally wrote conflict into the constitution, and how it has affected the performance of public office holders in America today. Focus will be placed on the factors that necessitated the development of the current being of the constitution, and why conflict defines the actions of leaders today. Over the years, political scientists have expressed their disapproval of American elections. They have openly stated that presidential elections do not matter. The reason being, is that they believe the outcome of elections is a result of forces outside of the campaigner’s influence. For example, the state of the economy, partisan loyalties, and normative, communicative, and symbolic roles are all disconnected from the influence of the campaigner. The latter mentioned aspects (anthropological), according to political scientists, receive little attention from scholars, but their impacts are very substantial. They restore confidence in governing institutions, result in an upsurge in mutual feelings, and give the citizenry hope of a better governing body after elections

Introducing Good Research Paper

Introducing Good Research Paper Additional copying material right on the internet might result in situations of plagiarism, which are totally prohibited in the majority of institutions. In order to decide on which methodology it is dependent on the research issue. The usage of existing data may also act as a technique of information collection though its accuracy will be contingent on the experience of the researcher using it. The usage of experiments as a process of information collection is expensive also time intensive and therefore it can't be effectively be as method of information collection in Corporate Social Responsibility. What Good Research Paper Is - and What it Is Not Bear in mind that if you analyze your paper, your primary task is to make certain your audience understands the big points without a lot of difficulty. As a way to compose a compelling research paper, you should go all out from the beginning. The very first page needs to have a header together with page numbers, aligned at the upper right corner of the webpage. These pages give you a few questions to answer, then enable you to push a button to acquire an individual works-cited entry. The One Thing to Do for Good Research Paper Making a research project is not a simple task. The main aim of a research paper is to encourage an unaffiliated thinking process in students. Pick a college research paper topic that you're acquainted with or like research on. Research paper research is a procedure that's going up the alleys. The topic also needs to be the one which provides the students sufficient to write on. The great thing about our service is that you may download Agriculture Research Paper examples at no cost. A couple are still students. Consequently, it's important for students to learn about the practice regardless of the opinions that you may have towards it. Thus, students aren't able to compose a fantastic research paper. Some students simply don't have sufficient knowledge for a definite job. There are a few useful tips which might help get you started to acquire good expert research paper writers. Folks are ready to supply you with all types of help regarding your research paper topics. There's several essays completed by them. The body of the essay can be broken into various sub-topics that are related to the principal topic. Finest college research paper topics are the ones which are original. The student may give the specifics of the topics to the firm. Finding good sources for your thesis is difficult but it is quite essential if you would like to turn in a superior research paper. Papers need results that arrive in the correct order, contribute to your general narrative, and are accompanied by easy-to-understand figures that could stand independently. Good Research Paper Secrets The essay writing must be carried out in a well-planned and structured method. In academic writing, it's called an outline. If writing is critical for you while you read, you can begin with an outline draft first where you mention the main points. It's also wise to define the subject in the introduction so the reader can get a concept of what it is that they will be reading. You can also attempt using writing software that may generate the outline for you based on ideas that you may give. If you're well versed with the topic writing an excellent research paper is going to be a cake walk for you. You shouldn't be publishing for the interest of publishing, but should be publishing as you need to fix important difficulties and encourage more followers to address that issue together. If you are conversant with jupyter notebooks then understanding kaggle kernels won't be a troublesome job. Although, it's research-driven work. however, it isn't research it's management of research efforts Generally, research is evaluated on the grounds of it practical fruits as opposed to intellectual strength. At present, there's no simple approach to report academic misconduct or obtain good evidence on it, which I think is quite needed. The most important value is they give you freedom in the way you code. In the world today, as a student, you're predicted to live a nd take breath academics, in order stay current with the speed of climbing competition.

Recommendation Letter Free Essays

POLYTECHNIC UNIVERSITY OF  THE PHILIPPINES COLLEGE OF BUSINESS DEPARTMENT OF OFFICE ADMINISTRATION STA  MESA,  MANILA ————————————————- E-mail:  cb@pup. edu. ph (Trunkline) 716-7832 to 45 loc. We will write a custom essay sample on Recommendation Letter or any similar topic only for you Order Now 267/324 PUP VISION Towards a Total University PUP MISSION The PUP mission in the 21st  Century is to comprehensive global education and community service to its students, Filipino and foreigners alike. It shall offer high-quality undergraduates and graduate programs that are responsive to changing student needs, enabling them to lead productive and meaningful lives. PUP shall its traditional mission expressed on its founding philosophy and at the same time propose changes that will adapt this mission to the context of a global society. CB GOALS Revitalizing the curriculum to be attuned to industry for national significance and global competitiveness in order to attain quality and excellent in the academe is today’s thrust of our University. It is for this reason that the College of Business curricular offerings must be redefine in the light of the fast emerging developments taking place both domestically and international. The opportunities and challenges hastened by the globalization, the thrust of the national government towards producing highly competitive graduates as well as the enormous changes in business themes, technologies, practices, and laws are the compelling reasons in re-examining the relevance and adequacy of CB’s curriculum in the 21stcentury. CB OFFICIAL Dean Leopoldo Francisco T. Bragas Dean Prof. Merla G. Villanueva Chairperson Department of Marketing Management Prof. Francisco C. Cular Chairperson Department of Management and Entrepreneurship Prof. Elizabeth T. Santos Chairperson Department of Advertising and Public Relations Prof. Dolores J. Alcantara Chairperson Department of Office Administration November 26 ,2012 Atty. Pioquinta E. Quindara Chief, Personnel Division Department of Local Government Dear Atty. Quindara: Our University has been implementing a training program to provide our students with actual office experiences in order to supplement our classroom instructions. The training is a curriculum requirement in our course subject, Legal Procedures with Practicum and Laboratory. May we request your permission to allow our student,  Manirela B. Francisco to undergo on-the-job training in your office. She will report at least two to three times a week 8:00am-5:00pm until the minimum requirement of 200 hours has been fully accomplished. Kindly sign and return to us the training memorandum she will present to you. We shall appreciate your assistance in providing the necessary experiences in secretaryship. Very truly yours, Prof. Vicenta P. Sumague Training Coordinator Noted by: Dean Leopoldo Francisco T. Bragas College Dean POLYTECHNIC UNIVERSITY OF  THE PHILIPPINES COLLEGE OF BUSINESS DEPARTMENT OF OFFICE ADMINISTRATION STA  MESA,  MANILA ————————————————- E-mail:  cb@pup. edu. ph (Trunkline) 716-7832 to 45 loc. 267/324 PUP VISION Towards a Total University PUP MISSION The PUP mission in the 21st  Century is to comprehensive global education and community service to its students, Filipino and foreigners alike. It shall offer high-quality undergraduates and graduate programs that are responsive to changing student needs, enabling them to lead productive and meaningful lives. PUP shall its traditional mission expressed on its founding philosophy and at the same time propose changes that will adapt this mission to the context of a global society. CB GOALS Revitalizing the curriculum to be attuned to industry for national significance and global competitiveness in order to attain quality and excellent in the academe is today’s thrust of our University. It is for this reason that the College of Business curricular offerings must be redefine in the light of the fast emerging developments taking place both domestically and international. The opportunities and challenges hastened by the globalization, the thrust of the national government towards producing highly competitive graduates as well as the enormous changes in business themes, technologies, practices, and laws are the compelling reasons in re-examining the relevance and adequacy of CB’s curriculum in the 21stcentury. CB OFFICIAL Dean Leopoldo Francisco T. Bragas Dean Prof. Merla G. Villanueva Chairperson Department of Marketing Management Prof. Francisco C. Cular Chairperson Department of Management and Entrepreneurship Prof. Elizabeth T. Santos Chairperson Department of Advertising and Public Relations Prof. Dolores J. Alcantara Chairperson Department of Office Administration November 26 ,2012 Atty. Jesus B. Doque IV Chief, Legal Services Department of Local Government Dear Atty. Doque: Our University has been implementing a training program to provide our students with actual office experiences in order to supplement our classroom instructions. The training is a curriculum requirement in our course subject, Legal Procedures with Practicum and Laboratory. May we request your permission to allow our student,  Manirela B. Francisco to undergo on-the-job training in your office. She will report at least two to three times a week 8:00am-5:00pm until the minimum requirement of 200 hours has been fully accomplished. Kindly sign and return to us the training memorandum she will present to you. We shall appreciate your assistance in providing the necessary experiences in secretaryship. Very truly yours, Prof. Vicenta P. Sumague Training Coordinator Noted by: Dean Leopoldo Francisco T. Bragas College Dean How to cite Recommendation Letter, Essay examples

Kodak Company SWOT Analysis

Introduction Kodak Company was founded by George Eastman 133 years ago. It replaced the glass photographic plates with a roll of film that was simple to use. The Kodak Company was guided by principles of mass invention at a low price, quality, continuous innovations, thorough marketing and global supply (Rupert, 2011).Advertising We will write a custom essay sample on Kodak Company SWOT Analysis specifically for you for only $16.05 $11/page Learn More Eastman worked hard towards firm establishment of the company by coming up with the operation strategies and business guiding principle which was, â€Å"nothing is more important than the value of our name and the quality it stands for† (Gavetti, Henderson Giorgi, 2005). This was a strong pillar which Kodak Company has been standing on and has seen its success through marketing of quality products. By 1963, Kodak company had became the industry standard and by 1981, it had invented other products su ch as cameras, medical imaging and graphical arts which made the profits to rise to US$10bn in 1981 (Gavetti, Henderson Giorgi, 2005). Kodak operates in three segments; digital and film imaging segment which provides customer oriented traditional and digital products as well as photographic services, health segment which provides analogue products such as chemicals, processing equipments, medical films and digital products. Graphic communication segment manufactures inkjet printers, document scanners and digital image systems. All the products were aimed at the commercial print market (Gavetti, Henderson Giorgi, 2005). This paper will assess what went wrong in the Kodak company that led to it’s under performance to appoint of filing for bankruptcy protection. The evaluation will concentrate on the Kodak case study based on article â€Å"Kodak falls in the creative destruction of digital† (Rupert, 2011). The paper will give an analysis of what affected the Kodak Compa ny by considering the political, economic, social and technological factors. The paper will conduct the SWOT analysis so as to determine the current state of the company as well as the opportunities that the company can venture into in order to expand both locally and internationally.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More What went wrong? For years Kodak Company had dominated in photography industry but it has not managed to stay at the top due to the current market trends. It failed to invent its own innovations of digital cameras which are dominating in the market today. Kodak stocks have continued to fall for the last ten years by 95% and it has continued to be listed low as it shares traded at $47 (Gavetti, Henderson Giorgi, 2005). The company has experienced losses for the last three years with the latest been $222 million in the third quarter of 2011. It failed to invest in digital market and instead focused on traditional film and clinical supplies. It also ventured into printers where it ranks fifth among the major suppliers with a 2.6% market share. Kodak was the first company to invent digital camera but it failed to invent in its innovations which made it to succumb to the digital revolution. This made its products lack market and was overtaken by other companies. Kodak failed in innovating digital cameras and assumed that people would continue to print photos (Gavetti, Henderson Giorgi, 2005). Kodak Company failed in its strategic planning when it failed to research on the current market opportunities and customers’ needs. Instead it reinvented in manufacturing of printers in order to â€Å"capitalise on its reputation as the best company for film printing†. This was due to lack of creativity and flexibility of its executives to move with the current market demand. They feared that the digital cameras would overtake their main pro duct that is, chemicals. This has left the company with no option but to file for bankruptcy protection. Today Kodak’s company assets are worth $5.1bn while its debts totals are $6.8bn thus the company is already operating at a loss.Advertising We will write a custom essay sample on Kodak Company SWOT Analysis specifically for you for only $16.05 $11/page Learn More The Kodak competitors invested in the digital cameras and even advanced in technology such that Kodak’s digital cameras were as not as good as for competitors. This made the company lose its reputation as the best one in the photography industry (Gavetti, Henderson Giorgi, 2005). Though Kodak had enough staff, it failed to invest and uphold technology thus it is to be blamed for its own down fall. It was â€Å"unable to adopt transition into the 21st century† because it was caught up in storms of technology, economic and social change. Today, people have resulted to use of cell phones in taking photos and videos. Many mobile phones have a 5-megapixel resolution which has dominated the market by becoming the key factor in customers’ decision making. The society has changed from using photos for personal memories to photo sharing through social networking (Guardian, 2011). PESTEL Analysis Political Kodak was impacted by some political issues concerning the organisational change. The US copyright law has put in place strict rules that hinder photo printing and their sales. The law states that all photo businesses should not print or release digital images without a copyright release. This has hindered the Kodak Company which specialises in photography more than digital images from thriving because images taken by amateur photographers may not have their professional images in print. This affects Kodak which embarked on photo printing to maintain its reputation (Gavetti, Henderson Giorgi, 2005). Economic Kodak has faced increased competition d ue to an increase in the number of substitute products Such as smart phones and Iphones. Other factors that determine competition level include the presence of global distribution system, prices charged on various products and facilities and any other innovation that may come into the industry. Over the years, the photo and image industry has been undergoing a considerable change. This has been due to increase in competition internationally and the change toward global supply sequence. The end users play a major task in terms of choice of suppliers and in decision making of products which is changing from being operational to being strategic (Tan Tiong, 2005).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More For instance, increasing demand for digital cameras caused a decline in traditional film camera sales in 2002. Also photo prints made out of traditional films reduced by 700,000. Digital camera sales dominated the market due to its declined prices which made it more affordable for the consumers. This resulted in high demand for digital cameras thus Kodak had no market for its products. The world is under recession out of the financial crisis which hit it at the end of 2007 (Campbell Craig, 2005). This affected most industries especially those who were not stable financially for example, Kodak since the more economically developed a nation can be, the more helpful it is in making the industry to achieve its objectives behind attaining direct marketing (Tan Tiong, 2005) Social change Lifestyle trends and consumer preferences affect the business’s performance. For instance, men have been shown to purchase digital cameras more than women. To ensure that all customers are satisf ied, the company has to provide extraordinary services that match with the society demands (Neild Carysforth, 2004). Consumers are using digital cameras to send images to electronic mail for social net working and thus Kodak Company should have moved with the social trend. This ensures that it is able to retain its customers and attract new ones. Kodak failed to move with the society change from traditional photos which were used for personal memories to digital images used for social networking. Kodak retained the tradition of printing photos while society has changed to storing digitally taken images on-screen viewing. The demographic composition changes with time and so the industry has to keep on revising its strategies to ensure that all customers are satisfied. For instance, the increased number of youths and teenagers are for digital cameras which the Kodak failed to invest in. This makes the company miss the rising market for digital cameras thus low revenues in return (Gri ffin, 2011). Technology The world is adopting technology in its processes of doing things. There is development of computers in different sectors of business (Campbell Craig, 2005). Imaging industry has not been left behind as it has come up with digital cameras. Kodak was the first to innovate the first digital camera but they failed to invent it because they feared it would not thrive. Technology is a critical aspect of the business environment for the industry. Use of internet has led to high demand for digital cameras. All the electronic companies are developing their own technologies with advance means for attracting global customers. This has posed a great competitive pressure on the electronic retail market and same on the retail companies such as Kodak (Gavetti, Henderson Giorgi, 2005). Internet has contributed greatly in making cameras communication devices as many people are using phones that have cameras. Technology development in cameras brought about increase in opera tional costs as it requires highly skilled staff for production of equipments and marketing. Kodak felt threatened with development of digital technologies because of its core chemical processing business. Kodak failed to venture into digital cameras and this has contributed greatly to its down fall (Gavetti, Henderson Giorgi, 2005). Environmental Environmental factors have also affected the performance of the Kodak Company. This is because the company has been affected by the green issues due to its production of chemicals that are a hazard to the environment. This has affected construction of digital products by the Kodak Company (Gavetti, Henderson Giorgi, 2005). Legal Joint-ventures have helped in the attempt to minimise its exposure in being a multinational company to the influences of national legal environments (Campbell Craig, 2005). SWOT  Analysis Strengths, weaknesses, opportunities and threats of Kodak Company. Strengths. Kodak Company had a strong foundation as it was the first company to invent digital cameras so it would be easy to invest in its own innovation (Campbell Craig, 2005). Kodak has a strong brand name and good reputation among customers for it has been in the market for long (Gavetti, Henderson Giorgi, 2005). It’s well known for quality products thus with innovation of digital cameras it can succeed (Gavetti, Henderson Giorgi, 2005). weaknesses Low profit margins due to lack of innovation in the current market trends of digital cameras which have led to Kodak making losses (Gavetti, Henderson Giorgi, 2005). Lack of a well thought future market strategy. Though they did invent the first digital camera, they failed to take risk and invent in it and instead have ventured to chemical processing (Guardian, 2011). The company is already bankrupt because its debts exceed its revenue so no banks can offer loans (Guardian 2011). Opportunities. Emerging international markets due to rise in leisure activities tha t require digital cameras such as holidays and social net working (Greiner, 1998) Increased economy development as demonstrated by rise in per capital income. This has led to many people willing to own a digital camera (Pahl Richter, 2009). Increasing technology advancements that still require research and innovation. Kodak can take advantage and invent more advanced digital cameras (Pahl Richter, 2009). Increased industrial development whereby imaging has become an important aspect in communication thus increasing market opportunities (Fine, 2009). Threats. Industry rivalries whereby companies disagree on the quality standards of products and services (Pahl Richter, 2009). Effects of economic recession of 2007(Pahl Richter, 2009). There is stiff competition in imaging industry thus Kodak must keep up to the market trend for example, entry of Fuji Company (Gavetti, Henderson Giorgi, 2005). Strong government regulations (Fine, 2009). Emergence of substitute products such a s smart phones (Fine, 2009). Conclusion Kodak Company had dominated in photography industry but it has not managed to stay at the top due to the current market trends. It failed to invent its own innovations of digital cameras which have dominated in the market today. This was caused by poor strategic planning for future market opportunities and poor management. Kodak Company also experienced storms of technology advancement in the industry because many companies developed superior digital cameras that made the Kodak digital cameras loss market. Political environment also contributed to the down fall of Kodak as it emphasised on regulations of printing images. Kodak failed to embrace the digital technology as society trends changed to digital images and social networking. Reference List Campbell, David J. Craig, Tom, 2005. Organisations and the business environment. Butterworth-Heinemann, UK, p 130-140. Fine G, 2009.The SWOT Analysis: Using Your Strength to Overcome Weaknesses , Using Opportunities to Overcome Threats. CreatSpace, New York, p163-185. Gavetti, G., Henderson, R. Giorgi, S, 2005. Kodak and the Digital Revolution (A), Harvard Business School, HBS Press, UK, p 222-228. Graetz, F. et al, 2002. Managing Organisational Change, John Wiley, UK, p 156-170. Greiner, L.E, 1998. Evolution and Revolution as Organisations Grow. Harvard Business Review, UK, p188-193. Griffin R, 2011. Fundamentals of management. Cengage Learning, London, p 233-38. (Rupert N, 2011).Kodak falls in the ‘creative destruction of the digital age’. Retrieved from www.guardian.co.uk. Neild, C Carysforth, C, 2004. BTEC First Business. Heineman, UK, p 74-89. Pahl, N Richter, A, 2009. SWOT Analysis- Idea, Methodology and a Practical Approach. Grin Verlag. London, p 106-130. Tan, V. Tiong, N.T, 2005. Change Management in Times of Economics Uncertainty, Singapore Management Review, First Half Vol. 27 Issue 1, p 88-103. This essay on Kodak Company SWOT Analysis was written and submitted by user Raegan Z. to help you with your own studies. 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