See instructions Essay Example | Topics and Well Written Essays - 250 words - 2

See instructions - Essay Example This mostly occurs to most electronic products such as DVD players, refrigerators and LCDs. Again, the new product should have better attributes than the previous one for it to sell. In triability, we include products such as shampoo and lotion while with observation are products like clothes and shoes. The product life cycle in marketing is used in order to determine changes in marketing solutions. In the maturity stage, sales are normally reduced due to competition of the same products. This is the second last stage in the product life cycle. The following three categories of product should therefore be reinvented: Product pricing, product distribution and promotions. Effective marketing emphasizes on these categories due to reasons such as; customer satisfaction when it comes low prices of purchasing these products ( pride & feral 2008). Prices set for these products should not be too high such that the customers can not afford or even too low. Besides, distribution of the products ensures that they reach the target customers in a timely manner. Product promotion is also essential in marketing because this strategy promotes more sales and encourages more customers in to the purchasing

Enginering Science Essay Example | Topics and Well Written Essays - 1000 words

Enginering Science - Essay Example A. Shear Diagram: B. Moment Diagram: C. Maximum Bending Moment = 80 kN.m 2. A simply supported beam of length 10M has a concentrated load of 30kN 3m from the left hand end and another concentrated load of 50kN 3m from the right hand end. P1 a. Draw the shear force diagram. b. Draw the bending moment diagram c. Determine the maximum bending moment in the beam. d. Determine the maximum shear force. A. Shear Diagram: B. Moment Diagram: C. Maximum Bending Moment = 132 kN.m D. Maximum Shear Force = 44 kN 3. The maximum bending moment a beam can sustain is 175 x 10 6 Nmm. If the maximum stress in tension or compression is 165 N/mm2 suggest an appropriate section beam from the table in the appendix P2 Given: M = 175 x 10 6 Nmm f = 165 N/mm2 Solution: Section Modulus, Z = M / f Z = 175 x 10 6 / 165 = 1060606.061 mm3 = 1060.61 cm3 The lightest section with Z > 1060.61 is the I beam 406 x 178 with Z = 1186 cm3 4. A steel column is required to support a load with a slenderness ratio of less than 100. If the column is fixed at both ends and is 3m long, suggest a suitable section from the table in the appendix. P2 Effective length factor, k = 0.5 for fixed columns L = 300 cm Since kL/r

Importance of Customer Service in Hospitality

Importance of Customer Service in Hospitality Exceptional Service Quality in the Hospitality Industry: It’s Role in Good and Bad Times Abstract Customer satisfaction is widely acknowledged to be causal in driving repeat and new business of hospitality enterprises and is considered to be integral to their success. With the delivery of service quality being vital to customer satisfaction, hospitality enterprises make great efforts to maintain, improve and distinguish their service quality through the adoption of corporate strategies and operational policies and procedures. Recent years have seen enormous expansion in the hospitality industry and the introduction of sophisticated technology, not just in areas of computerisation and Internet, but also through the use of various applications that aim to increase the comfort, convenience and safety of guests. With competition in the industry having become intense and advances in technology having become available across the spectrum of hospitality organisations, delivery of exceptional service quality is considered crucial for achievement of competitive advantage. Again whilst the last two decades have been a period of growth for the industry, current global developments, namely the astonishing increase in prices of oil, worldwide inflation in food and commodity prices, the banking crisis, the credit squeeze, and the impending recession in the United States indicate the onset of very difficult times for the hospitality business. The spectre of lower occupancy, lesser rates, and higher costs stares the industry in its face and the prospect of an industry shakeout, accompanied by the closure of inefficient units and the survival of the fittest is imminent. Whilst such situations could possibly entail cost cutting exercises by industry members, along with reduction in services offered to guests, providing of exceptional service quality may well be vital to maintenance and improvement of competitive advantage and be the key to riding out difficult times. This dissertation investigates the phenomenon of customer service, its importance in the success of hospitality organisations, and its role during periods of economic downturn. Table of Contents Introduction A. Overview Achievement of customer satisfaction is widely accepted by business leaders and academics to be the most significant criterion for shaping the quality of products or services that are deliverable to customers, both through the actual product or service, and the corresponding service.[1] With the intensely competitive nature of the modern customer-centric business environment ensuring the elimination of businesses that dissatisfy their clients with their products/services, customer satisfaction is vital not just for corporate growth, and profitability, but for the very survival of today’s corporations.[2] Customer satisfaction, which is greatly dependent upon the quality of the customer service provided, is recognised to be critical to business success, primarily because of its role in driving future sales from both new and existing customers. Numerous studies have corroborated the theory that it costs five times the amount of time, money, and resources to attract new customers as it does to retain existing clients.[3] Losing existing clients very clearly is among the worst things that can happen to business firms. Customer satisfaction is also accepted to be one of the cheapest and most effective ways of promoting goods and services; with no form of advertising being as effective as word-of-mouth publicity and actual customer endorsements. Satisfaction strengthens affirmative feelings toward the product or service and leads to a superior probability of repurchase; dissatisfaction on the other hand leads to downbeat perceptions and reduces the probability of repeat purchases.[4] â€Å"Or as others put it: if consumers are satisfied with a product or brand, they will be more likely to continue to purchase and use it and to tell others of their favourable experience with it if they are dissatisfied, they will be more likely to switch brands and complain to manufacturers, retailers, and other consumers about the product.†[5] Achieving high levels of customer satisfaction poses intense business challenges because of the ambiguity embedded in the concept as well as because of its abstract nature. With the actual manifestation of the level of satisfaction varying both between individuals, and between products and services, satisfaction levels depend upon a range psychological and physical variables that evidence positive correlation with behaviours indicative of satisfaction, like repeat purchase and recommendation rate.[6] Such levels of satisfaction can also depend on other options available to customers and on the qualities of other products or services against which the organisation’s products or services can be compared.[7] Despite the very broad range of parameters involved in its assessment and determination, customer satisfaction is overly dependent upon, related to, and driven by customer service. â€Å"Substantial empirical and theoretical evidence in the literature suggests that there is a direct link between service quality and behavioural intentions (Bitner, 1990; Bolton and Drew, 1991a). Among the various behavioural intentions, considerable emphasis has been placed on the impact of service quality in determining repeat purchase and customer loyalty (Jones and Farquhar, 2003). As pointed out by Bolton (1998), service quality influences a customer’s subsequent behaviour, intentions and preferences. When a customer chooses a provider that provides service quality that meets or exceeds his or her expectations, he or she is more likely to choose the same provider again. Besides, Cronin and Taylor (1994)† also found that service quality has a significant effect on repurchase intentions. [8] The delivery of quality service is expected to be a major challenge that is likely to confront hospitality managers in the immediate future and will be vital for achieving success in the intensely competitive modern day global markets.[9] Hospitality service experiences are overly complex because they range from the exceedingly trivial to the extremely vital.[10] They differ to a great extent in their character and may be straightforward or multifaceted, standard or bespoke, low or high technology, distant or responsive, little or highly skilled, or recurrent or infrequent.[11] They can furthermore concern the execution of obligatory utilitarian actions or can involve grand and highly-strung hospitality events.Hospitality encounters, as distinct from material products or pure services, consist of a fusion of products and services, and satisfaction, (in such situations), represents the sum total of satisfactions with the individual traits of all the products and services that make up the experience.[12] B. Elaboration of Problem The last few decades have witnessed enormous growth in the hospitality industry. Driven by a range of technological, social, economic, and political developments like the tremendous advances achieved in communication technology, the ever-increasing use of the internet, the breakdown of the Soviet Union, the formation of the European Union, the crumbling of travel barriers, economic liberalisation across countries, the proliferation of budget airlines, cheaper travel, and the opening of numerous new travel and tourism destinations, the hospitality industry has expanded like never before and that too across the world. New hotels, new restaurants, new resorts and new spas have mushroomed in near and distant locations to provide people with numerous hospitality options. Whilst the industry has been buffeted by events like the September 11 bombings, the London Tube explosions, and the SARS and Bird Flu epidemics, the steadily increasing economic affluence in the western countries, as also in the countries in Southeast Asia and the Pacific Rim, in the last two decades, has ensured that such setbacks were overcome and the hospitality sector remained vibrant and prosperous. Such a period of inexhaustible growth now appears to be coming to an end. With oil prices having neared USD 140 per barrel and currently hovering at around USD 125, the days of cheap air travel appear to be irrevocably over. Whilst local and international airlines had started ringing alarm bells when the price of oil crossed USD 70 per barrel last year, the events of the last few months have shaken up the whole airline and travel and tourism industry, cast doubts on the survival of several airlines, and led to the cancellation of thousands of airline bookings and hotel reservations. Apart from the price of oil, the disastrous denouement to the risky home mortgage policies adopted by major international banks, followed by thousands of home loan bankruptcies, billions of dollars in banking industry losses and a credit squeeze on business and personal lending have also contributed to the onset of a recession in the USA. The deepening recession in the United States, the biggest global consumer of goods and services, accompanied by cut downs in jobs and mortgage bankruptcies, is bringing in a global economic downturn that is expected to bring extremely difficult times for the hospitality industry, not just in the United States but also in the UK and in other countries. â€Å"More than one in three hospitality businesses in the UK are feeling less confident about economic prospects over the next 12 months than they do now, according to research launched by American Express. The survey also found that overall confidence has decreased in the last 12 months, with only 29% feeling more confident about the economic environment, down from 38% in 2007. Among hoteliers the number feeling confident has dropped to 34% from 41% a year ago. In comparison for restaurateurs the figure is only 24%, a fall of 10%. For pubs the picture is similar with only 20% stating that they feel more confident about the economic prospects facing their businesses over the next year than they do today.†[13] Whilst the probability of a shakeout in the industry seems to be imminent many veterans in the business appear confident of riding it out on the strength of enhanced customer service and total customer experience. â€Å"Kathryn Pretzel-Shiels, Head of Hotels and Restaurants at American Express explains: ‘Like any other the hospitality sector is not immune to prevailing economic conditions, so it comes as no surprise that Britains hospitality industry feels more circumspect about business prospects than it did last year. The economy is forcing the agenda to a certain extent but the industry is fighting back. There are still opportunities to make money by providing a quality product and memorable service, as consumers are still willing to dine out and are doing it more than ever before.’†[14] A hotel chain like the Ritz Carlton, (the winner of two Baldridge quality awards and a byword in the area of service quality), which has weathered several economic downturns and has yet grown from strength to strength over the years, provides an outstanding example of the importance of exceptional service quality. â€Å"The Ritz-Carlton is well-known for providing consistent service throughout all of its properties. The company began its commitment to quality in 1983 with such simple touches as fresh flowers throughout its hotels, white ties and aprons, and gourmet cuisine. It also established its Gold Standards for customer service—which include its credo, motto, employee promise, three steps of service, and the 12 service values—leading the company to repeatedly outperform its competition, increase customer loyalty (the average guest spends $250,000 at a Ritz over his lifetime), and win the Malcolm Baldridge National Quality Award twice†[15] Whilst the Ritz Carlton is of course the most well known example of a customer-centric and service quality oriented organisation in the hospitality industry, a number of other establishments like the Four Seasons, the Mandarin Oriental, The Marriott and the Red Carnation provide brilliant examples of how focus on exceptional customer service can increase the competitive advantage of organisations and ensure performance, business and profitability during the worst of times. On the flip side, whilst most business managers are aware of the need to maintain if not improve quality during economic downturns, the actual picture on the ground becomes significantly different in many establishments; where quality programmes are cut down or even abandoned; very often at the cost of quality. â€Å"When economic troubles loom, weve found the usual knee-jerk reaction is to sacrifice programs associated with quality and the customer experience training, quality assurance and mystery shopping programs, guest research, etc.†[16] C. Determination of Objective With the price of oil showing no sign of rebating to previously unimaginable levels of 80-90 US dollars per barrel and the global economy caught in a cleft stick; of severe inflation in prices of food as well as commodities like steel and cement on one side and an impending and long-lasting recession in the United States on the other, all indications point to difficult economic times and squeezes on travelling, holidays, discretionary spending, hotel accommodation and restaurant visits. One of the most important routes to achieving competitive advantage in such difficult and worrying situations is through enhancement of customer service quality to superior levels and improvement of hospitality experiences of customers, not only when compared to previous experiences in the same establishment, but also in comparison with that available elsewhere. Whilst the truth behind this theory is widely accepted and beyond doubt, embattled organisations, challenged by dropping revenue figures, higher costs and lesser margins, frequently adopt the opposite route, taking action to reduce and even abandon quality improvement programmes and actions in order to effect organisational economies and cost savings. This study aims to examine the components of customer service with special emphasis on the hospitality industry and the ways and means in which it can be enhanced in times of economic downturn to increase the competitive advantage of organisations. 2. Literature Review A. Service Quality The key objective of organisational and marketing strategies of business firms in today’s intensely competitive and fast changing business environment is to make profits and further organisational growth. Customer satisfaction, quality and retention have become global management imperatives that are important for all organisations. With the maturing of different industry sectors high quality service has increasingly become an important tool in business success. The hospitality industry and its various components, mainly different types of hotels and restaurants, are certainly not exempt from the challenges of increased competition or rising consumer expectations of quality. Researchers have defined service quality in different ways â€Å"There are many researchers who have defined service quality in different ways. For instance, Bitner, Booms and Mohr define service quality as ‘the consumer’s overall impression of the relative inferiority / superiority of the organisation and its services’. While other researchers view service quality as a form of attitude representing a long-run overall evaluation, Parasuraman, Zeithaml and Berry defined service quality as ‘a function of the differences between expectation and performance along the quality dimensions’. This has appeared to be consistent with Roest and Pieters’ definition that service quality is a relativistic and cognitive discrepancy between experience-based norms and performances concerning service benefits.†[17] Other researchers have conceptualised customer satisfaction as â€Å"an individual’s feeling of pleasure or disappointment resulting from comparing a product’s perceived performance (or outcome) in relation to his or her expectations.†[18] Conceptualisations of satisfaction are of two main types, i.e. transaction-specific satisfaction and cumulative satisfaction, transaction specific satisfaction being the customer’s evaluation of his or her experience and reactions to a particular service encounter and cumulative satisfaction being the customer’s overall evaluation of the consumption experience to date [19] The satisfaction level of a service encounter arises from differences between the expectations of customers and the actual experience from the provided services, the perceptions of service encounters being vital factors in creating long-term loyalty, customer satisfaction and quality awareness.[20] Whilst the Nordic conceptualisation of service quality was developed in the mid 1980s by Gronroos and emphasised the role of technical and functional quality on service encounters, Parasuraman, Zeithaml and Berry developed a new model of service quality, called the SERVQUAL model in 1988.[21] The SERVQUAL model has five dimensions, reliability, responsiveness, empathy, assurances, and tangibles, which together form a basis to measure, quantify, and assess the service experience and to determine the ways in which the viewed and expected service would influence the perceived service quality. Reliability is the ability to perform the promised services dependably and accurately. Responsiveness is the willingness to help customers and provide prompt service. Assurance is the knowledge and courtesy of employees as well as their ability to convey trust and confidence. Empathy is the provision of caring, individualised attention to customers. Tangibles are the appearance of physical facilities, equipment, personnel and communication materials.[22] The SERVQUAL model views service quality to be the gap between the expectations of customers (E) and their perceptions of the performance (P) of the service providers. â€Å"According to Parasuraman et al. (1985), service quality should be measured by subtracting customers perception scores from customer expectation scores (Q = P  ± E). The greater the positive score represents the greater the positive amount of service quality or vice versa.†[23] Whilst the model has been the subject of criticism, mainly because of its inadequacy in quantifying and thus in measuring expectations of service from customers, it has nevertheless been used as the basis for investigation by other researchers who have developed modified versions of the model. Despite the essentially theoretical nature of the models discussed above most quality conscious organisations take actions across a wide front of organisational activities to follow their underlying principles and take actions for minimisation of negative customer perceptions and strengthening of positive hospitality experiences. â€Å"Companies that achieve high levels of customer satisfaction display a zeal for superior service from the very top of the organization chart. This dedication constitutes the foundation of customer-centricity. Without the values and culture that leaders inspire, none of the other principles can be effective for long. Customer-centric values and culture inform the hiring process and animate the systems of training and rewards. Instilling values of this sort may be the ultimate test of leadership. Leaders of customer-centric companies clearly articulate what kind of organisational culture they want and consistently sell employeeson its key principles, leaving no doubt about the significance that members of senior management attach to customer-centricity. More important than communications, however, is the leaders’ willingness to take action when the primacy of high-quality service is challenged.[24] B. Routes to Achievement of Exceptional Service Quality The relationship between quality of service and successful hospitality establishments is frequently noticed but rarely recognised as a causal relationship. Reppa and Hersh (2007) report that interviews with 40 executives of truly successful companies operating in intensely competitive environments during a study by Booz Allen suggest that these organisations are distinguished by superb levels of service, which very often are viewed not just as being integral to the organisations but also as their important differentiators. Most such companies consciously route their organisations towards customer-centric behaviour and constant enhancement of service quality. Companies known for high levels of customer satisfaction exhibit an enthusiasm for providing better service from the very summit of the organisation.[25] This commitment makes up the basis of customer-centricity. Corporate strategies that are exclusive of the principles and mores of their leaders cannot really be effectual for long. Customer-centric values and traditions drive the recruitment processes of such companies, provide vitality to training, motivation and reward systems; experts state that building value systems of this type can well prove to be the definitive criterion of leadership. Leaders of such businesses are eloquent about their requirements of organisational culture and leave no doubt about the importance they attach to service quality.[26] Whilst most organisations by and large follow their own strategies for achieving of exceptional service quality, certain principles, policies, and strategies are important for the continued success of all hospitality organisations. i. Human Resource Policies Whilst strong HR policies are accepted to be utmost importance for achievement of high levels of service quality, especially so in the hospitality industry where interaction between organisational employees and guests occur at various points, actual HR practices leave much to be desired in many establishments, and much of the hospitality industry, especially in the middle level and economy level hotels and restaurant segments, is characterised by low wages, part-time workers and high turnover.[27] This is especially true of the London budget hotel and restaurant segment, which is peopled by workers from East Europe and Asia, many of whom are paid low wages, have essentially temporary jobs, and are weak in communicating in English. Staff turnover in many hospitality establishments is often as high as 100 %.[28] Hotels Chains like the Marriott, the Four Seasons, and the Ritz Carlton, on the other hand, are obsessed with issues concerning employee selection, training, remuneration, and retention, believing and very rightly so, that the quality of service is predominantly dependent upon employee calibre. [29]Such organisations populate their establishments with superior staff who are specifically chosen for their natural predispositions for caring for people. The Marriott recruitment philosophy of â€Å"get (ting) it right, first time† conceals a complex and well thought out strategy of recruiting people with great care in order to provide for near perfect fits. Again most such establishments pay as much attention to training, motivating and developing employees as they do to selecting and recruiting them.[30] â€Å"Ritz-Carlton uses a process that may set the standard for methodical rigor. It evaluates each applicant using scientific, behaviour-based assessment tools developed by the human resources consulting firm Talent+, tools derived from statistical analysis of top performers’ behavioural characteristics in each job category. Potential hires are tested both for cultural fit and for traits associated with customer service excellence, including what Ritz calls an innate ‘passion to serve.’ Says John Timmerman, vice president for quality and program management: ‘The smile has to come naturally.’† [31] The interview process furthermore requires candidates to spend time with hotel staff whilst they operate on their regular functions, giving prospective employees a practical picture of the rigours and responsibilities involved in the job and the opportunity to withdraw in case of any apprehensions or misgivings. With in-house company research indicating that wrongly recruited employees could cost the organisation many times their annual salary, the Ritz tries out initiatives like these to minimise attrition. The company’s staff turnover, which is less than 15 % of the industry average, adds, both to stability and to profitability. [32] ii. Essential Areas of Focus Whilst service quality is integral to customer satisfaction, its delivery, in the hospitality industry and elsewhere, is essentially multifaceted and subjective, and thus far more challenging than product quality. The issue has become more complex because of the fact that whilst hospitality clients have until now been satisfied with basic and fundamentally simple products and services, the technological advances of recent years have introduced new dimensions of comfort and convenience that have come to be regarded as part of high quality service.[33] Despite a plethora of innovative products, services and technologies now available in hotels, people still share a basic set of requirements critical to their experience. The top five factors that drive loyalty across all industry segments are (a) value for price, (b) room cleanliness, (c) employees â€Å"can do† attitude, (d) friendliness of the front desk staff, and (e) comfortable bed and furniture. [34] These factors play key roles in the provisioning of service quality and all successful hotels are fanatical about issues like guest comfort, cleanliness, and housekeeping. At the Mandarin Oriental, which won the highest ranking for Housekeeping in the Market Metrix Hospitality Index ranking for 2006, Barsky and Nash state that customers expressed their appreciation on various facets of housekeeping services like twice a day turndown of sheets and carefully chosen flowers. iii. Technological Advances and Service Quality Recent times have seen incredible progress in technical knowledge, expertise, and know-how, and their use in across almost all areas of human action. Hardware technology, software development and the expansion of the World Wide Web have provided new facets to the hospitality sector. Technological development has led to improvement in efficiencies, reduction of expenses, heightening of customer satisfaction, expansion of revenues, and increase in competitive advantage of members of the hospitality industry. The emergence and the progressive adoption of the Internet by millions of individuals across the world has opened up new dimensions in human connectivity and influenced the actions of all business sectors. â€Å"The Internet, as a collection of interconnected computer networks, provides free exchanging of information. Over 400 millions of computers on more

stop spanking: save the children Essay examples -- essays research pap

Spanking has been used for many years and it must come to an end. Also known as corporal punishment, spanking is most often used as a form of discipline. Although it is said to have some benefits, the negative consequences far outweigh the good. According to Dr. Wilson and Dr. Lyon, â€Å"physical punishment delivered in anger with the intent to cause pain is unacceptable and dangerous to the health and well being of the child.†( Guidance for Effective Discipline, online) It is important for spanking to stop because it is ineffective, causes more problems and because there are other options to consider. While many parents are still spanking their children when they are being naughty, they do not stop to consider how effective this method is. Is this method really working? A question Dr. Phil McGraw asks is: what does a child learn by being hit?(Three Questions to Ask Before Spanking, online) The answer to this question is different for every child, but in many instances you are telling your child that violence is acceptable and that it is an okay way to react when you’re mad .(Three Questions to Ask Before Spanking, online) Although commonly used throughout households with children, not much can be said for spanking’s long term success. To begin with, the only way to maintain the original effect of spanking, is to increase the force with which it is delivered. This can quickly escalate into abuse. (Guidance for Effective Discipline, online) Using spanking as a method can turn into a quick fix whenever the child misbehaves, rather than using other rational techniques fo r each scenario. Finally, positive reinforcement and other discipline techniques are more difficult to implement when spanking has been used as a primary method of discipline. (Guidance for Effective Discipline, online) As might be expected, the lack of effectiveness also leads to negative consequences and more problems.   Ã‚  Ã‚  Ã‚  Ã‚  Continued use of spanking can lead to some harmful effects and long lasting negative lessons. It is common knowledge that children learn from what they are taught. What lessons would the like our child to learn from spanking? According to L.D. Eron, â€Å"spanking models aggressive behavior as a solution to conflict and has been associated with the increased aggression in preschool and school children.† (Guidance for Effective Discipline, online) The c... ...ful. Spanking must stop, because no child should die at the hands of their parents. Works Cited Cohen P. â€Å"How can generative theories of effective punishment be tested?† Pediatrics 1996; 98:834-836 Graziano AM, â€Å"Subabusive Violence in Child Rearing in Middle-class American Families.† Pediatrics 1996; 98:845-848 Eron Ld â€Å"Research and public policy†. Pediatrics 1996; 98:821-823 McGraw, Phil M.D. â€Å"Age-Appropriate Discipline Techniques†[Online].Available http://www.drphil.com/advice/advice_landing.jhtml?section=Parenting (accessed July 4, 2005) McGraw, Phil M.D. â€Å"Spanking Research†[Online].Available http://www.drphil.com/advice/advice_landing.jhtml?section=Parenting (accessed July 4, 2005) McGraw, Phil M.D. â€Å"Three Questions to Ask Before Spanking†[Online].Available http://www.drphil.com/advice/advice_landing.jhtml?section=Parenting (accessed July 4, 2005) Strauss Murray PhD et al. â€Å"Spanking by Parents and Subsequent Antisocial Behavior of Children.† Archives of Pediatrics & Adolescents Medicine 1997 Wilson DR, Lyman RD â€Å"Time-out in the treatment of childhood behaviour problems: implementation and research issues† Child Family Behaviour Therapy 1982; 4: 5-20

Justin Anson Distillery, Inc Essay

Justin Anson Distillery, Inc. is a company that produces quality whiskey and distributes their product throughout America. The company has recently has been trying to expand and increase their production. In order to increase their production they need to obtain more barrels in which they can age their whiskey for the necessary 4 years. This is going to incur the company many more costs in their production and also increase their inventory levels. It is now the firm’s dilemma how to report these new costs so their financial statements are accurate but also reflect the growth they are attempting. It is also important that the companies financial statements reflect will upon the company so they can obtain new loans from the bank to fund their growth. Question Analysis Assuming Anson decided to charge barrel costs (but not warehousing and aging costs) to inventory, what 2012 income statement and balance sheet items would change, and what would the new amounts be? (Assume no change in work-in-process inventory) Charging barrel costs to inventory would increase the operating income on the income statement and increase the amount of assets on the balance sheet. Both of these values would increase or decrease by the amount of the cost of the barrels, which in 2012 was $4,366. This would increase current assets from $21,813 to $26,179, and the operating income would increase to $6,883. If Anson’s suggestion of including all warehousing and aging costs in inventory were accepted, how would the 2012 financial statements be affected? (Assume no change in work-in-process inventory.) The 2012 financial statements would look drastically different if this were the case. Originally the costs charged to cost of goods sold was much greater in 2012 because the extra barrel costs were charged to this account. If they were charged to inventory instead of the cost of goods sold, the company will show a much greater profit. It will also lead to a build of inventory though and the assets of the company will increase dramatically and that will show up in the financials on the balance sheet. In your opinion, what costs should be included in Anson’s inventory when preparing financial statements to be submitted to Valley National Bank? The first thing that the company should do is checking the ethics of any accounting changes they are planning on making. If it is found that charging these costs to inventory could cause their statements to not meet standards then the changes cannot even be considered. However, if it is acceptable, it would be in the company’s best interest to charge only barrel costs to inventory. This would allow them to still control their inventory levels by allowing them to control how many barrels they want to purchase. Also, the financial statements will still show operating profits because the cost of barrels not being used as a part of sales wont show up in the costs of goods sold section of the income statement. By including this cost in inventory the company can still report favorable numbers and control their inventory in order to minimize the negative effects of inventory build-up that could hurt their financials in the future.

Cheque Truncation

IBM Business Consulting Services Indian Cheque Truncation Initiative Key challenges for Indian Banks Ravi Trivedy IBM Business Consulting Services deeper deeper  © Copyright IBM Corporation 2003 IBM Business Consulting Services The Indian Cheque Scenario – an IBM Point-of-View Cheque volumes will continue to increase for the next 5-7 years – All parties involved have strong reasons to continue to promote check usage Banks – significant revenue flows are tied to the use of checks Slow consumer adoption of electronic payments – cheques are free + Perception of safetyMerchants, Corporates, Governments, and Non Banking Financial Institutions – due to lack of cheap, convenient alternatives and because many accounts payable and receivable systems are designed around checks.  © Copyright IBM Corporation 2003 IBM Business Consulting Services Image based processing of cheques in India present several challenges – which all add up to the cost for t he banking industry Geographical spread & volumes impact speed of physical movement of paper (specially inter-city) Multiple languages & scripts Multiple handling due to current processes in ranches – high rejects in an imaging process Legal & Regulatory issues Lack of Centralized Banking systems in many banks to enable STP Potential for fraud/counterfeit cheques increases  © Copyright IBM Corporation 2003 IBM Business Consulting Services The Truncation initiative will have a major impact on Payment Operations – some key recommendations Indian Model – Truncation at presenting Bank Big Bang approach – mandatory cutover for ALL Branches Each Bank to decide it’s own model – Truncation at Branch or Service Branch or Outsourced Recommendations for Banks Understand volumes, current operationsDevelop strategy & optimized operations architecture in a truncation environment Define new processes (focus on mitigating operational risk) Re-define clear ing operations & organization  © Copyright IBM Corporation 2003 IBM Business Consulting Services RBI’s Working Committee on Cheque Truncation has recommended truncation at the presenting bank itself, to maximize efficiency PRESENTING BANK Big Branches DRAWEE BANK Core Core Banking Banking System System Branch Capture Data and Image One Pass readers for MICR Data, Greyscale & Bitonal Images Front & Back UID assignedAt Teller/Behind Teller Real-time/Batch Intra-Branch Intra-Branch Cheque Clearing Cheque Clearing Clearing House System House System House IMAGE & MICR ARCHIVAL PKI enabled CLEARING CLEARING CLEARING HOUSE HOUSE SYSTEM SYSTEM SYSTEM IMAGE & MICR ARCHIVAL 3 Months + 8 Years Browser based access to images for Banks & Customers Images, MICR,UID2 Clearing House Interface Clearing House Interface Service Branch Service Branch Or Or Or Outsourced Service Center Outsourced Service Center Outsourced Small Branches Images, MICR,UID MIS MIS Signature Signature Verification Verification CustomerCustomer Statements Statements IMAGE & MICR ARCHIVAL  © Copyright IBM Corporation 2003 IBM Business Consulting Services Reduced costs, improved customer service and increased flexibility will drive each Bank’s imaging decision Value realization will differ from Bank to Bank New offers of value to customers Reduced costs from re-engineered check exchange practices REALIZED VALUE Reduced costs via productivity enhancements and fraud reduction Near-term customer service enhancement 2005 2006 2007 TIME 2008 2009 2010  © Copyright IBM Corporation 2003 IBM Business Consulting ServicesWith RTGS and Cheque truncation, Banks will potentially lose a large income leverage The truncation initiative will re-define business models Loss of float Additional cost of infrastructure & Operations Recommendation for Banks Develop a fee based product strategy to offset losses – from customers, from secondary banks†¦. differentiated service models Re-engineer Ca sh Management services for Corporates Create an optimized cost model for Operations – build and operate OR outsource? Utilize the opportunity to image inter-branch cheques to improve customer service & reduce paper process costs Copyright IBM Corporation 2003 IBM Business Consulting Services Technology choices and implementation models will create differentiation in services and operational costs†¦ Each Bank’s defined operating model is directly related to it’s technology choices, implementation options and costs At each Branch vs. at a service Branch Smaller cities in a region? Remote Branches? Certification of Operations is a must! Recommendations for Banks Analysis of current and expected cheque volume patterns should drive future model Optimize model with a mix and match – inhouse + outsourceSelect Open Architectures to enable backwards integration Security, BCP and Operations Management are CRITICAL  © Copyright IBM Corporation 2003 IBM Busine ss Consulting Services Cheque Processing and IBM – A summary view Over 90% of the 40B US cheques issued yearly are processed with IBM Solutions â€Å"VIEWPOINTE† – Bank of America, JPMChase & IBM Joint Venture for Cheque Processing Centers +1 Billion new items stored monthly +5. 1 Million image retrievals daily Storage space occupies 2. 8 PB of data In India, the Reserve Bank uses IBM Solutions for its high speed clearing operationsIBM manages Cheque clearing/processing Operations in over 12 countries Partnering with BCSIS for Cheque solutions for Banks in India Complete end-to-end CHS functionality (Applications, Infrastructure, Integration, Operations Management, Outsourcing Service Centers) Totally compliant with RBI directives, PKI security enabled Based on Open Standards – enables easy integration to Core Systems  © Copyright IBM Corporation 2003 IBM Business Consulting Services IBM uses its structured methodology to enable Banks to maximize their RoI from a Cheque imaging initiative 1 1 Create the VisionCreate the Vision 4 4 Review Bank Operations / Delivery strategy Review / Establish Bank Payments Strategy Obtain Stakeholder commitment 2 2 Develop Business case Develop Business case for Check applications // for Check applications image enablement image enablement Cost effectiveness vs. Business needs Time to market & competitive pressures Identify Applications Systems, Storage & Network Architectures 5 5 Create Implementation Plan Create Implementation Plan Application & integration priorities Rational steps Business Process & Organization Reengineering Coincidence with industry initiativesApplications Setup & Test Applications Setup & Test Setup, configure and Customise applications Integrate with Core Systems, PKI Infrastructure Integrated and User Testing Develop Training program & materials Develop Operations model & timelines Develop infrastructure cost model Develop Operational cost model Develop products & revenue plan 3 3 Develop Infrastructure Plan Develop Infrastructure Plan 6 6 Manage Implementation Manage Implementation Program Management – Process, Change Implement connectivity Establish Organization – Process, IT Training Implement & Test Security for Certification Copyright IBM Corporation 2003 IBM Business Consulting Services Summary – Maximize your opportunities from the Cheque Truncation initiative Well prepared Banks will benefit greatly from the Cheque truncation initiative New Opportunities Improve Customer Services New Product Offerings Product Differentiation Cross-selling Revenue Higher Efficiency Fraud Savings Productivity savings Operational cost reduction Reduction in call volumes & follow-up  © Copyright IBM Corporation 2003 IBM Business Consulting Services Thank You ravi. [email  protected] ibm. com deeper deeper  © Copyright IBM Corporation 2003

The Impact of Humans on the Biological Diversity of Natural Ecosystems Essays

The Impact of Humans on the Biological Diversity of Natural Ecosystems Essays The Impact of Humans on the Biological Diversity of Natural Ecosystems Essay The Impact of Humans on the Biological Diversity of Natural Ecosystems Essay The Impact of Humans on the Biological Diversity of Natural Ecosystems Introduction Since humans have come into existence they have always been a cause of change of whatever natural areas they inhabit along with the living organisms of those natural areas. The different types of organisms such as plants, animals, and microorganisms that inhabit these areas are known as biological diversity or biodiversity. (USEPA 2010 ) Biological diversity can be affected by many different things, climate change, and area being two specific things. Humans fit into a strange niche of biological diversity. While we have a part of biodiversity and in ecosystems, the human race has spread much farther than any other breed or type of organism except for bacteria. (Diaz 2006) Humans have spread into so many other ecosystems that are not meant to be inhabited by humans and through technology, industrialization, and evolutionary changes have changed these natural ecosystems. As the population size of the human race increases the biological diversity of natural ecosystems seems to decrease. Humans have made an effect on several types of different systems aquatic, forest, and landscape conservations, changing permanently the biodiversity of these natural ecosystems in some form or fashion. White 2 Deforestation Deforestation is one major issue that has been caused by human population growth. Deforestation is the loss of forest due to the act of trees being overcut. This becomes such a big issue due to a problem known as soil erosion that occurs when deforestation happens. Soil erosion is the loss of the protective top layers of soil which take away from the ability of the soil to soak up and hold water. Stock and Rochen 2000) Beyond hurting the air quality that humans need soil erosion and deforestation becomes an issue that affects humans especially when it comes to agriculture. To have successful agricultural profit soil that has water holding properties is necessary. To yield a useful crop the top layers of soil are necessary which when deforestation is used to clear farm land are lost which keeps farmers from producing a good crop. Deforestation also causes many homes for different organisms to be lost endangerment and in extreme cases because the organisms natural habitat and food sources have been lost, extinction. Extinction becomes more likely when the majority of deforestation occurs in tropical regions for agriculture, paper from the trees, or industrialization these regions have numerous undiscovered organisms plant, animal, and microorganisms. Biological diversity and human welfare becomes compromised due to the ever extending reach and spread of the human population. Erosion Erosion by definition is the wearing down of something by grinding away, such as the wear on the Earth due to wind and water. Erosion is a naturally occurring process but yet still dangerous and aided by humans and the spreading population of humans, wearing away at the Earth, there is lost biological diversity of different plants and animals, because, the natural White 3 ecosystem and habitat has been eroded away. When erosion happens plants are lost and a lot the times made to be extinct. Which slowly but surely causes there to be a less diverse population of different plant species. And when plants disappear the animals will to in search of food causing a geographic migration of different animal populations and species. Rivers have been channelized to facilitate boat traffic, prevent flooding, and allow farming along their banks† (Audesirk 2008). As humans take from the environment we remove key nutrients and sediments from rivers and land, helping along the erosion process. Aquatic Systems As humans water is a necessary part of our diet in order to live. While we spread throughout the globe not on ly do we tamper with the balance of biodiversity of land ecosystems we also tamper with the biodiversity of aquatic systems too. As the populations of humans grow industrialization grows too, and is it known many companies do not dispose of the byproducts and waste of their companies properly; so waste, such as chemicals and other trash and debris are tossed into rivers. Eventually all rivers lead and empty out into oceans which means said chemicals are dumped into the ocean. These chemicals, waste, and debris float freely into the human population water supply and into the animals of aquatic systems water supply and habitats. These animals are exposed to the companies’ byproducts and they affect the life span, and habitat quality of the animals. Yet again human population growth can cause extinction of species, populations, communities, etc. due to the lack of regard or concern of how the biodiversity of natural ecosystems affects all species in the long run. White 4 Landscape Conservation Though humans have made a huge impact on the biodiversity of many and most ecosystems; it is recognized that for as much damage has been caused there should be some type of effort to improve and try to restore the biodiversity in some ecosystems. So was created the National Landscape Conservation System in 1969 ( CSA 2009). The mission of this system is to â€Å"conserve, protect, and restore these nationally significant landscapes that have outstanding cultural, ecological, and scientific values for the benefit of current and future generations†. (CSA 2009 ) However this system of land conservation is solely interested can only benefit Western/American land. The goal is to protect the USA’s most prized beautiful lands from being lost to the human populations’ impact on biological diversity of ecosystems. Though this system makes a good effort on protecting Western lands, there is still the matter of all the lands and waters around the world that could use protecting and preserving from humans in order for future generations to receive the full benefits that can be offered from the different ecosystems. Discussion A well educated member of society should have an understanding of this issue in order to understand the affect humans are having on our planets. As biological diversity decreases throughout the worlds natural ecosystems resources that could help the human population are continuously lost on a daily basis. Biological diversity can be related to agriculture that is highly affected when biodiversity is lost. And what the government does with land and regulations put White 5 on certain lands and waters. Biodiversity and the lack there of are major social issues that can relate back to all humans. Because as we decrease biodiversity with the spread of our population we affect our living standards as well, and those of many animals and other organisms. Science an provide all of the background information, statistics, and experimentation in the world but science cannot fix the decreasing of biodiversity when the problem is the spread of the human population into other ecosystems. Science cannot â€Å"cure† or fix population growth. While science can make one more aware it cannot fix the actual situation. Conclusion Humans hav e a major impact on the biological diversity of natural ecosystems and as time has gone on, the issue has become more apparent and prominent. Biological diversity is important in regards to humans because without it valuable information, beneficial plants and animals are lost. When erosion and deforestation occur animals and plants lose their natural habitats and are forced to migrate and some species become extinct. Erosion and deforestation also make land useless for agriculture meaning that the land after being cleared yields no purpose or goods for the human population. The aquatic systems suffer when humans show no regard to the fact that other creatures most coincide with the human population. Though companies have gotten better with what is done with their waste more is still able to be done to prevent a further decrease of biological diversity. Humans recognize now as the Earth loses more and more biological diverse ecosystems that something must be done to at least attempt to preserve the different plants, animals, and microorganisms that live in different biologically diverse natural White 6 ecosystems. Thus the National Landscape Conservation System and several other organizations were created in hopes of bringing awareness to the growing issue of the loss of biodiversity throughout the planet. Human population has a major impact on biological diversity in natural resources. Though the population tries to prevent any more damage from being done the fact is that humans have had a major negative impact on the biodiversity of natural ecosystems through the spread of the population, industrialization and negligence for the surrounding area shared by humans with other ecosystems. White 7 United States Environmental Protection Agency. Ecosystems and Biodiversity . Washington, DC: United States Government, 2010. Web. 10 Nov 2010. epa. gov/climatechange/effects/eco. html Stock, Jocelyn, and Andy Rochen. The Choice: Dooms Day or Arbor Day. Deforestation. University of Michigan, 01/21/2000. Web. 10 Nov 2010. umich. edu/~gs265/society/deforestation. htm Audesirk, Teresa, Audesirk, Gerald, and Byers, Bruce E. Biology Life on Earth. Eighth Edition. Upper Saddle River. Prentice Hall. 2008. Print. Diaz, Sandra. Why is Biodiversity Essential for Human Life?. Sep. 2006: n. pag. Web. 10 Nov 2010. http://news. softpedia. com/news/Why-Is-Biodiversity-Essential-for-Human-Life-34980. shtml The National Landscape Conservation System. The Conservation System Alliance. N. p. , January 29 2009. Web. 10 Nov 2010. conservationsystem. org/conservationsystem

Factors led to American Revolution Essays - Free Essays, Term Papers

Factors led to American Revolution Essays - Free Essays, Term Papers 11/19/2015 HIST 131-007 Dr. Adeyinka Banwo Factors led to American Revolution The connection between Britain and the English colonies was that of the ruling of the colonies by the king of Britain, King George III and his parliament. The kings ruling was very unfavorable for the colonists because of his tyrannical dictatorship and unjustly taxations. The thought of an island ruling an entire continent thousands of miles away with poor communication and lack of supervision of the colonies by the king, did not work in favor of the colonies nor for Britain. Three contributing factors for the outbreak of the American Revolution were the kings taxes and neglect of the 13 colonies. King George III and his decisions were one of the major causes that had the English colonists fumed with anger towards Britain and this eventually led to the American Revolution. King Georges Taxes The first reason of the American Revolution was the colonists outrage over taxation which led to a tax revolt launched by people who were tired of the burden of paying unfair taxes. In 1754, the British fought the French for the final of four wars which were the French and Indian War. It was a fight to see who would rule in North America, and it was won by the British. Despite their victory, the British were deep into debt, and they taxed the colonies to raise their budget. In 1765, the Quartering Act and the Stamp Tax brought uproar from the colonists. The Quartering Act forced the colonists to house and feed British Soldiers with no additional money given to them. Many of the colonists didn't have the money to feed the soldiers, so it caused them to go into debt which affected the financial side of the communities because they were so poor. After the Quartering Act, the British brought on the Stamp Tax that was the first direct tax on the colonists. A group known as the Sons of Liberty was formed and they led a boycott against the British taxing claiming that there should be "no taxation without representation". The tax changed the economics of the colonies, causing them to lose money rapidly, but the boycott came back in retaliation against the British. Because the British were no longer getting money from the colonists to pay off their debt, their finances were suffering, triggering the repeal of the tax. In 1767, British Parliament passed Townsend Acts on the colonists tea, paper, paint, lead, glass, and many other items that were used daily and the colonists were against this taxing. The purpose of the Townsend Acts was to help pay the cost of government in America. The problem for many American colonists was that the colonies were not consulted about the new taxes, as they had no representation in Parliament. The colonists did not have any voting rights to the taxes, so to avoid pay the taxes, the colonists boycotted British goods, and the event led to the Boston Tea Party and other boycotts. Neglect of the 13 Colonies and First Continental Congress The next reason of the American Revolution was the neglect of the 13 colonies from the Britain King George. King George took away their rights to self-government in America and the colonists were treated unfairly in comparison to the British people. Because of the kings refusal to abide by the laws, it made it easier for the colonists to rebel against the king and the Parliament. The colonists were not offered the same rights and privileges as the English citizens in Britain. The English citizens from Britain were offered appropriate taxation, benefits of trial by jury, control over private homes as in where a soldier could not barge in to sleep and much more. The pamphleteer and journalist Thomas Paine published his pamphlet Common Sense that became a success in large part. It acknowledged the constitutional context of the dispute between Britain and the colonies, crushed that perspective because as long as Americans remained within it, it would imprison them and prevent them from taking the independence. Therefore, Paine destroyed the importance of the British constitutional system as a guarantor of liberty and as consistent with reason and human needs. Addition, he transformed the argument

Word choice betrays your personality - Emphasis

Word choice betrays your personality Word choice betrays your personality Whatever online persona you may have chosen to adopt in your blog, your deepest personality traits may be given away by your choice of words, a new study has found. The specific words bloggers use relate to which of the big five personality factors dominates in that person. These factors are: openness, conscientiousness, extroversion, agreeableness, and neuroticism. For the highly neurotic, the most commonly used words were: awful, though, lazy, worse and depressing; while with wild-child extroverts, bar, other, drinks, restaurant and dancing kept cropping up. Agreeable people happily repeated wonderful, together, visiting, morning and spring, while the conscientious made sure to reiterate completed, adventure, stupid, boring and adventures. For open types, folk, humans, of, poet and art appeared most often. The research project run by Tal Yarkoni, a psychology and neuroscience postdoctoral fellow at the University of Colorado at Boulder is one of the largest conducted examining the connection between writing and personality. Thanks to bloggers typically prodigious outpourings, Yarkoni had around 115,000 words from each of the 700 or so participants. This larger-than-usual sample meant that the research could go beyond broad topics focused on, and look at particular words that recur. The results suggest we cant completely separate our online and offline selves, however much you might want to maintain a particular facade of yourself. And this is hardly surprising, says Yarkoni: Our personalities dont dramatically change just because weve turned on our computers. Still, at the very least, its probably best to try to keep work and business blogging separate, no matter how lazy, awful and depressing you may find your boss.

Metacognitive Strategies in Solving Mathematical Problems Article

Metacognitive Strategies in Solving Mathematical Problems - Article Example The research study has applied multiple regression analysis to evaluate the predictive ability of the identified variables so as to tabulate the performance for the routine and non-routine calculus problems. The study has significantly found that problem solving skill is acquired through practice and utilization of thinking strategies which is the corner stone on which advanced mathematical ideas, particularly calculus is built upon. The study has also revealed that there are six meaningful predictive factors for calculus related to performance in problem solving. The variable of Strategy is the major projection followed by Accommodation, Self-efficacy, Definition, Exploration and Execution. Nevertheless, the variables with the highest practical importance are Accommodation and Self-Efficacy. With these findings, educators will be able to clinically evaluate a person's ability to regulate, monitor and control his/her own cognitive processes. Instructional strategies can be developed for individuals having difficulty with the learning environment. The purpose of this study is to develop an instrument to adequately identify metacognitive strategies utilized by individuals' in the processes of solving mathematical problems. A cognitive process whether it is regular or irregular, conscious ... This is based on the hypothesis that a problem solver needs to be aware of the current activity regarding the overall goal along with the strategies used to attain that goal. It is well established that successful students possess powerful strategies for dealing with problems in order to arrive at novel solutions. Background Information on the Problem The metacognitive awareness merges itself by adjusting and recognizing the expansive bank of multiple metacognitive experiences. This has been previously described by Flavell (1976) as being a conscious cognitive or affective experience that accompanies our actions by dispensing to an intellectual enterprise. Thus, metacognition involves the "active monitoring and consequent regulation and orchestration" of cognitive course in order to achieve cognitive goals (Flavell 1976:p. 252). Review of Literature Kluwe (1982) has expanded on Flavell's theory of metacognition by shedding new light on the previously established empirical concept. He has identified two general attributes common to thinking procedures which are known as 'metacognitive'. Both attributes identified by Kluwe have to do with the person who exercises metacognitive thinking. The first postulates that "the thinking subject has some knowledge about his own thinking and that of other persons," while the second professes that "the thinking subject may monitor and regulate the course of his own thinking, i.e., may act as the causal agent of his own thinking" (1982, p. 202).Drawing from that, all processes seek to adapt and regulate a multitude of solutions actively. Research Question(s) Statement of the Problem Creation of Essential Question The concept of metacognition and thinking practices was first echoed by Rickard (1995) and

Consumer Financial Protection Bureau Essay Example | Topics and Well Written Essays - 2000 words

Consumer Financial Protection Bureau - Essay Example It will illustrate the historical supposition of the Bureau creation, its main duties and responsibilities, the purpose for the Bureau, and the analysis of its operation. First, it is worth saying that a new consumer financial protection agency, the Consumer Financial Protection Bureau, was created to protect Americans’ personal finance transactions. It may seem that the creation of Bureau was a result of Congresss effort to reorganize the industry of banking thus preventing the possible economic crises in the future. In the article â€Å"Consumer agency will clarify financial products costs, terms† the interviewer and the advocate for creating the agency Elizabeth Warren, a Harvard law professor and chairwoman of the Congressional Oversight Panel, explained that the new Bureau would give a chance  to American families   to obtain financial security. First published in 2007 in the Democracy Journal, the idea of creating the new bureau described a feisty â€Å"Financial Product Safety Commission† whose agents would be known further to the Americans as firefighters (DePillis, 2011). The creation of the Bureau was called to rule governing consumer financial services and products that included mortgages and credit cards; it was also called to make loan terms and costs more transparent for the Americans. The agency would made credit cards and mortgages easy to follow, avoiding the fine print blurring of risk and cost. The agency was called to make the market more competitive; however, it was not aimed to facilitate the consumers in their purchase responsibilities and to make decisions on money (Mantell, 2010). Elizabeth Warren did not call the agency a â€Å"nanny†, but the force that will allow the market work again and will bring the transparency. In certain period, such transparency will allow penalty fees and charges to go down and credit products to become cheaper. The agency will measure the risk in the financial system, however, it will not ensure

Business problem analysis Assignment Example | Topics and Well Written Essays - 250 words

Business problem analysis - Assignment Example An effective business plan should take factor in its calculations the costs, revenue, and flow of cash on a regular basis. This is used to calculate the business’s profitability or discover incidents of loss. Such a plan can be used to project future expenditure plans and guide managers’ decisions about such decisions. The task of understanding such accounting techniques should not be left solely to accountants as managers’ knowledge is critical. Information on the business plans can be presented on a number of models in excel such as charts, graphs, tables, and other presentational formatting. These are further divided into sub-models such as frequency distributions, cumulative frequency distributions, scatter grams and time series distributions. Such presentations provide the selling points for one’s ideas, therefore, they have to be accurate and self-explanatory and simple to understand. The mode of presentation depends on the audience and channel of presentation to be used. Business planning is a strategy that all managers need to learn. Basic accounting techniques are a requirement for all managers and they cannot afford to leave all the accounting to the accountants. Business planning is crucial for a business’s survival and sustenance as it elaborates the business’s future, making vivid aspects that have great impact on the business such as unforeseeable

Winslow Homer Research Paper Example | Topics and Well Written Essays - 750 words

Winslow Homer - Research Paper Example (Downes, 2006) In this painting After the Hurricane, 1899, Winslow Homer tries to convey the idea in his painting (After the Hurricane, 1899) that a man is laid to stand against nature. During the early civilizations, when men had just started evolving, the painting relates that era to the modern World. Imagine a World with no technology and communication, the humans would have to rely on nature and that is what this painting depicts. The excellent technique adopted by Wilson Homer in doing such a great masterpiece painting is empathetic. He used human psychology to drive human mind on what happens after a man is competing against nature. As you can see that the man in the painting (After the Hurricane, 1899) is washed off on the shore of a beach after a hurricane. The man in the painting is helpless yet he has to find the courage to stand again and survive not for what he has lost but for what his future holds. You see life of a person doesn’t stop after losing a loved one. He still has to find the courage to survive and the nature will be its provider. The purpose it serves is of cherishing family. No one knows the point till they are alive so why not spend time with loved ones. In the painting (After The Hurricane, 1899) the man washed off on the shore might have lost his family, his loved one, anyone and now they are gone forever. Similarly, in this era, people are so busy within their lives to progress that they often forget to value the people that helped them. In the painting, hurricane is used as a metaphor where death can strike at any time to anyone and just like the man is washed off on the shore of a beach in the painting, the modern human will be mourning the loss in real life. His another masterpiece The Gulf Stream,1899 is influenced by the tale of a man from British Army who got robbed by pirates and sailed on a boat alone on the sea to reach the coast. The man later dies due to his

Guest Worker Program Essay Example | Topics and Well Written Essays - 2000 words

Guest Worker Program - Essay Example It contains no stipulations for either a new temporary worker program or citizenship (Espo, 2006). The proposed Senate legislation allocates additional funds to better enhance border security, provides for a ‘guest worker’ program and gives an estimated 10 million immigrants amnesty by putting those who are currently in the country illegally on the fast track to citizenship. Sen. Jeff Sessions, R-Ala. was skeptical about the legislation saying, â€Å"This bill will not secure our borders† (Kiely, 2006). The complaint regarding the guest worker program is that it is, in effect, amnesty. It has been estimated that the added cost to the federal government will be in excess of $15 billion per year when the present illegal aliens, working legally in the U.S., put a drain on the health care then when they eventually become citizens, will begin collecting welfare benefits. The highly debated immigration bill, endorsed by both the Senate and the Bush administration, would have added greatly to this number because it will encourage a new surge of low skilled workers through its guest worker program. Traditionally, immigrants to the U.S. were less likely than those born in America to collect welfare. This historic arrangement has radically changed over the past three decades. Today, immigrant families are at least 50 percent more likely to receive federal benefits than those born in this country. Additionally, immigrants are more likely to adapt their lives to rely on the welfare system and studies have shown the longer immi ­grants stay in the U.S., the more likely they are to be on welfare. To further aggravate the situation, when an illegal immigrant becomes a citizen, he can legally bring his parents who also have the right to become citi ­zens. The estimated long-term cost of overall federal benefits could exceed $50 billion per year for the parents of the 10 million beneficiaries of

The Difference between Slaves and Servants Essay

The Difference between Slaves and Servants - Essay Example When it comes to putting servants to work, the nature of the work depends on the master being â€Å"merciful or cruel†. When the master shows mercy the work given to servants is light and they are well taken care of in terms of the food given to them and their lodgings. Under a cruel master, however, â€Å"servants have very wearisome and miserable lives6†. Upon arrival, many servants do not even know how to make their cabins and are at the mercy of the other servants who may choose to help them or not. Thus fresh arrivals may have to spend a few nights under the open sky before they can make their own lodgings. Their daily work schedule begins with work at 6 in the morning, a break at 11 and then back to work at 1. They will work again until six in the evening and then go back home. Living in places which provide little cover, they are exposed to the elements such as â€Å"the cold of the night†. Their situation leads Ligon to say, â€Å"Truly, I have seen such cruelty there done to servants, as I did not think one Christian could have done to another†. However, this does not make the life of the slave a bowl of cherries since they too faced cruelty and were apt to fight for their freedoms. The servants, however, decided to rebel against their masters in a bloody plot to kill the masters and overthrow the ruling of the island. Unluckily for the servants, the plot was discovered and the leaders of the plot were put to death. This method of resistance is certainly a result of the cruel treatment given to the servants. The slaves, however, seem to be more accepting of their lot in life and since they are treated somewhat better than the servants, are more apt to show their resistance in more subtle ways. They may even express their feelings with music or by looking towards the â€Å"heaven for revenge†.

Guest Worker Program Essay Example | Topics and Well Written Essays - 2000 words

Guest Worker Program - Essay Example It contains no stipulations for either a new temporary worker program or citizenship (Espo, 2006). The proposed Senate legislation allocates additional funds to better enhance border security, provides for a ‘guest worker’ program and gives an estimated 10 million immigrants amnesty by putting those who are currently in the country illegally on the fast track to citizenship. Sen. Jeff Sessions, R-Ala. was skeptical about the legislation saying, â€Å"This bill will not secure our borders† (Kiely, 2006). The complaint regarding the guest worker program is that it is, in effect, amnesty. It has been estimated that the added cost to the federal government will be in excess of $15 billion per year when the present illegal aliens, working legally in the U.S., put a drain on the health care then when they eventually become citizens, will begin collecting welfare benefits. The highly debated immigration bill, endorsed by both the Senate and the Bush administration, would have added greatly to this number because it will encourage a new surge of low skilled workers through its guest worker program. Traditionally, immigrants to the U.S. were less likely than those born in America to collect welfare. This historic arrangement has radically changed over the past three decades. Today, immigrant families are at least 50 percent more likely to receive federal benefits than those born in this country. Additionally, immigrants are more likely to adapt their lives to rely on the welfare system and studies have shown the longer immi ­grants stay in the U.S., the more likely they are to be on welfare. To further aggravate the situation, when an illegal immigrant becomes a citizen, he can legally bring his parents who also have the right to become citi ­zens. The estimated long-term cost of overall federal benefits could exceed $50 billion per year for the parents of the 10 million beneficiaries of

Domestic Manners Essay Example for Free

Domestic Manners Essay A very interesting and attention-grabbing book â€Å"Domestic Manners of the Americans† by Fanny Trollope can not leave even one indifferent. It reveals new and unexpected facts and startling specifics of American nature that gives a new glance over American people. Though this is not-to-the-minute book it may be found rather relevant today. It may be read for unlimited times and every time it for sure to gave some new ideas about American character and temperament, it offers better understanding and suggests reasonable explanation to deeds and behavior of American nation. Many subjects and events from American life are touched upon in numerous chapters of this book, mocking main traits of inhabitants of the United States. Sometimes with ridiculous seriousness author describes occurrences and things she fad the chance to experience or see. For example I’d like to touch upon the chapter 20, where the author focused her attention on the state of Washington. Not even the minute fact out of the reach of the satiric eye of writer, nevertheless everything described was described with much dignity. First of all the author tries to disperse reader’s attention depicting the brilliancy of nature and luminosity of American cities. But as for their inhabitants she is not so admirable, the writer see them as real gentlemen (for too few ladies are in the streets) occupied by strolling and looking well. â€Å"Instead of drays you see handsome carriages; and instead of the busy bustling hustle of men, shuffling on to a sale of dry goods or prime broad stuffs, you see very well-dressed personages lounging leisurely up and down Pennsylvania Avenue†. And at first, it is nothing to do with accusation. â€Å"The total absence of all sights, sounds, or smells of commerce, adds greatly to the charm†. But their favorite recreation of all these gentleman (â€Å"†¦ who must be presumed to be the elite of the entire body of citizens, both in respect to talent and education, it cannot fail to make Washington a more agreeable abode than any other city in the Union†), this amusement is gambling, that is really carried to a very considerable extent, however here as elsewhere within the country it is kept exceptionally out of sight. In spite any failings on good American people we can witness the fertility of their mind and the patent office is a curious record of it. But unfortunately about one in a thousand inventions had been really brought into use. â€Å"The purity of the American character, formed and founded on the purity of the American government, was made evident by the display of all the offerings of esteem and regard which had been presented by various sovereigns to the different American ministers who had been sent to their courts†. Well, every nation has to possess anything to be proud of. And along with this proud the writer points that not once heard the statements which represent Americans as â€Å"treacherous and false almost beyond belief in their intercourse with the unhappy Indians†. Though we do not have enough evidence for such declarations but it is â€Å"impossible for any mind of common honesty not to be revolted by the contradictions in their principles and practice†. A little bit confirmation to the last statement we may find in author’s words â€Å"Americans stand against the governments of Europe, because they favor the powerful and oppress the weak. At the same time getting forget about their attitude to the Indians. American people are fighters for universe freedom and democracy, you may hear it discussed in every drawing-room, roared out in taverns and even from the pulpit, â€Å"listen to it, and then look at them at home; you will see them with one hand hoisting the cap of liberty, and with the other flogging their slaves†. Again we may trace the inconsistency of their nature â€Å"you will see them one hour lecturing their mob on the indefeasible rights of man, and the next driving from their homes the children of the soil, whom they have bound themselves to protect by the most solemn treaties†. More useful and couching facts the author received visiting American debates. â€Å"The privilege of attending these debates would be more valuable could the speakers be better heard from the gallery†. It was mortifying to see marvelous hall â€Å"fitted up in so stately and sumptuous a manner† that was filled with men who were sitting in the most inappropriate manner, a large majority of them with their hats on, and nearly all of them were spitting to an excess that decorum and decency forbids one to describe it. Though there were still left few among the crowd that were distinguished by not wearing their hats and â€Å"by sitting on their chairs like other human beings, without throwing their legs above their heads†. Orators’ eloquence extremely amused the writer and was admitted to be the hoarse like and it required literacy. In fact â€Å"if America, in her vastness, her immense natural resources, and her remote grandeur, would be less Imitative, she would be infinitely more picturesque†. The lack of decorum wasn’t very uncommon with American ladies. It wasn’t very abnormal at Washington for a lady to take the arm of a gentleman, who was neither her husband, her father, nor her brother. All this freedoms so unusual for any decent society seem to disdain restraints of civilized world. For example visiting American theatre the author saw â€Å"one man in the pit was seized with a violent fit of vomiting, which appeared not in the least to annoy or surprise his neighbors†. What to say about strict manners in the street. One more curious and somehow annoying universal habit of chewing tobacco of almost all male population of this country gives this remarkable peculiarity to the American countenance. As a result we perceive for how veiled and obscure the nature of a nation can be. We may also claim that numerous appalling and sometimes even shocking traits are still can be vividly marked out while speaking with modern American people. It’s amazing how much in common true Americans have with their described ancestors. The little lesson from all this that one can not judge a foreigner at once, it would be better to throw a glance at the history of his nation.

Case Study Of River Severn At Caersws Environmental Sciences Essay

Case Study Of River Severn At Caersws Environmental Sciences Essay River is freshwater providing natural resources for food, recreation, energy, transportation, irrigation and drinking. However, the quality and quantity of river water have been limited due to climate change and other pollutions from sewage and food waste or farm effluent in the whole world. Moreover, other river issues which results from hydraulic principles of river have occurred frequently since the ancient civilizations in many countries, such as erosion and floods. This can not only cause destruction of life including fauna, flora and human, but also damage property like roads and bridges especially in urban areas and destroy farmlands in rural areas. Therefore, various types of techniques and practical schemes have been discovered and utilized in managing and restoring river in order to create sustainable (complex) ecosystems and protect human health and other vegetations. Take the United Kingdom for example, the largest river-River Severn, which is approximately 354 kilometres length from source that locate in the Plynlimon Mountains in West Wales to the sea (Witts, 2011), flows through several countries such as Shropshire and also has a large number of tributary rivers, which can be illustrated in Figure 1. BBC News (2011) states that it has various types of pollution and needs major restoration to comply with new European Union Legislation. However, the attractiveness of river restoration in recent years is normally following the damage of the point source of water pollution. Thus, diffuse pollution of the proposal river will be focused in the upper stretch of River Severn at Caersws and the related restoration will be introduced in the following sections. The main objective of this project is to critical analyze the potential pollution or issues of a stretch of River Severn at Caersws and to discuss the effects of restoration on local ecosystems and economy. Moreover, the several types of restoration schemes and techniques will be analysed including stream bank stabilization, enhancing riparian buffers by adding trees and natural grasses and other additional techniques. In additional, the changed hydraulics will also be explained and analyzed before restoration and afterward in this paper. Figure 1. Map of River Severn image map of the river Severn (Source: Mandy Barrow, 2011a) 2. Description of River Severn at Caersws 2.1 Site Description of the River Caersws is a small village in the upper valley of the River Severn, which can be illustrated in Figure 2 and Figure 3 (National Grid Reference SO 033 917). At Caersws the River Severn has a catchment area of 375 km2 and bankfull discharge is approximately 70 m3/sec (Williams and Rhodes, 1982). The main rock type of the proposal area is resistant rock and the bed is formed in coarse alluvial deposits (gravel and cobbles) having a mean grain size of 40mm (Haslam 1978; Williams and Rhodes, 1982). According to measurement in Figure 3, the average width of the proposal stretch of river below Caersws is around 20 metres and the length is approximately 4.2 kilometres. The aimed stretch of the river is surrounded by a large scale of farmland and green land with some trees. Figure 2. Map of the Location of River Severn at Caersws image: map (Source: Mandy Barrow, 2011b) Figure 3. The Google Map of the River Meander near the Victorian Workhouse in Caersws make-Meanders-near victorian workhouse in Caersus-google map.jpg Note: Red star shows the location of Caersws; Blue lines are boundaries of restoration; Red arrow line is the direction of the flow (Source: Google Map, 2011) 2.2 Why Restore River? It also can be seen that many meanders have been formed around Caersws as the river is flowing across low land where the water flows slower than other areas and the main erosion tends to be horizontal (sideways) which is different from the vertical erosion in mountains. As a consequence, the river has cut through a loop and an ox-bow lake has been formed in a long time period, which shows in Figure 4. As can be seen in the figure, a large number of sands are formed and the old river bed has charged, which results in the loss of local ecosystems and vegetations. For example, the uprooted trees and branches and sediments have been eroded by the force of water especially when the river is fall. To some extent, it will affect biodiversity of species, blockage of river which also related to floods and water turbidity. Furthermore, fertilizer, feaces of sheep and other chemicals from farming can be washed out into river, which can affect water quality whether in local area or downstream. On the other hand, there are some instability problems of channelization in the stretch of river as showed in Diagram 1, which results in expensive maintenance for controlling sediment and erosion in a long term. As for the principles of river management, natural development of river is more sustainable rather than control; thus, a less expensive and sustainable scheme with monitoring programme can be accepted for river restoration to achieve effective transport sediment and avoid erosion if the net value of aggradations or degradation of the river will reach nearly zero (Soar and Thorne, 2001). To sum up, it is better to restore the river bank and manage surrounding areas in sustainable methods in order to avoid potential issues of river and enhance the biodiversity of local ecosystems. Figure 4. An Example of Ox-bow Lake image: casersws (Source: Mandy Barrow, 2011c) Diagram 1. The Current Description of the River Severn at Caersws tu-1.jpg (Source: Hand Drawing by Chai, 2011) 2.3 Analysis of formation of Ox-bow Lake and Hydraulics of the River As hydraulic theory states that energy may be constant along the streamline for an ideal fluid (i.e. viscous of frictional effects are insignificant), which means the large number of energy can be created when the water dash on the river bank as the velocity of flow is zero (Chadwick, Morfett and Borthwick, 2004). Thus, hydraulic action can break down the rocks, remove and drag rocks from the bed and banks of the river by the force of the running water, especially in the extreme rainfall period because of unstable flows of great water force. Moreover, in this large stream the plants become more wispy and are confined to the sides. Based on these theories, Ox-bow Lake has been formed as the speed of river flows is faster on the outside of meander causing erosion and is slower on the inside of the meander resulting in deposition (Diagram 2). The part of the meander has been cut off and changed to Ox-bow Lake, such as point A in Diagram 1. Although other areas of the river are not forme d Ox-bow Lake at moment, they have eroded and deposited of the sites, which means the change of river channel and potential pollutions may be found in the future. This is also a reason why we need to restore the river bank and improve local ecosystem as well. Diagram 2. The Formation of Ox-bow Lake and Erosion of Meander draw1.jpgdraw2.jpgdraw3.jpg http://www.geographyhigh.connectfree.co.uk/s3riversgeoghigh26g.gif (Source: Mandy Barrow, 2011d; Geograph High, 2011) 3. Critical Analysis of River Restoration Downs (2001) mentioned that river restoration is an important activity of river management in Europe to enhance aquatic and riparian habitat, improve water quality and quantity, and facilitate human use. The River Severn at Caersws, which is a good case in point, needs to be restored because of erosion and deposition of the site. The main objective of restoration engineer includes: i) Dredging sediment in the river bank and improving the aesthetic quality of stream; ii) Protecting the bank-lines from erosion; iii) Maintaining the current level of river bank and flow regime; iv) Enhancing diversity of vegetation and sustainable of local ecosystem. The variety of schemes and techniques can be used in different point of the river in Diagram 2 to minimize aggradation or degradation and mitigate tendency of the meandering river, including regular meander path of similar meander bends, rock vortex weirs at meander crossings, riprap (stone) around bendways, and various vegetation around river bank. In the following section, the detailed planning of restoration will be explained (Diagram 3 4) and the impacts of river restoration on economy, local ecosystem and visual aspect will also be analysed. 3.1 The Restoration Plan and Hydraulic Analysis It is not necessary to change the main shape and structure of the river; however, it is possible to restore the river bank at the similar conditions in different parts such as meander bends and width. According to Diagram 1, the area A, B, and C should be focused on in the restoration as the major erosion and deposition are occurring in these areas. During the first stage, the general mechanical dredging can be used to remove damaged trees and other blockages in the river and remove hard rock and rocky materials from deposition sites to erosion sites in A, B, and C to create similar river width as possible as we can. The flow picture shows the potential mechanics used during dredging process in the development. Diagram 3. The Plan of River Restoration in A, B, and C Diagram 3.jpg (Source: Hand Drawing by Chai, 2011) Diagram 4. The Plan of River Restoration in D and E Diagram 4.jpg (Source: Hand Drawing by Chai, 2011) Secondary, a large number of soil that is suitable for grass and othe vegetation growth should be filled in the derdged site achieving the same level of surrounding fields. Then, the derdged rock should be binded together with large size of rock using meshes, which are like Gabions and placed and filled on the sites of cut banks as rock-lined embankments showed in Figure 5. Before restoration a large number of warer force washed out soil and sand from the river bank and then form the steep slop with ÃŽÂ ± (Diagram 5). However, the slop with ÃŽÂ ² (Diagram 5) will become more gently after resotration, which result in that the force of running water can be mitigated and reject bank erosion and lateral shift of planform of the river. Additionallly, Chadwick, Morfett and Borthwick (2004) stated that spiral vortex around the outside of the bend causes an asymmetrical flow pattern which tends to erode material from the region near the outside of the bend and deposit it near the insid e (Figure 6). Thus, stone riffles (vortex weirs) will be placed at meander crossings in the river to maintain the grade and to decrease meander wavelength showed in Figure 6. Consequently, both Rip-rap and weirs may not only change the wavelength of flow and the bed slop, but also maintain the stability of channel cross sections. To some extent, the landform and flow regime of the river may not be changed in a long term peroid after restoration, such as 50 years later. Figure 5. The Rip Rap of the River Restoration imagesCANNFEL4.jpgimagesCAL178I3.jpg (Source:Google Picture, 2011) Diagram 5. The Bed Slop Before and After Restoration à ¥Ã¢â‚¬ ºÃ‚ ¾7.jpgà ¥Ã¢â‚¬ ºÃ‚ ¾5.jpg (Source: Hand Drawing by Chai, 2011) Figure 6. Current Pattern of the River Figure.jpg (Source: Chadwick, Morfett and Borthwick, 2004 Page 529) Moreover, willow spiling and faggots should be ultilised to control erosion in D and E and also to stabilise wide and shallow point bars as they are generally suitable for light erosion and may not withstand stronger forces (Environment Agency, 2010). However, the hyrdaulic will also be changed after restoration and the principle of the hydraulic change is similar to the change of that from strech A to C. According to Figure 7, the wood stick can break up the water force and wave prior to scouring of the river bank and damage the force of backwater. Faggots are normaally installed underwater to limite degradation and spiling can be applied on steep and vertical banks (Figure 7); in addition, the materials of both techniques can be sourced locally or imported to site. Take some practices in the UK for example, willow faggots and spiling have bee successfully applied sperately in the River Cam and River Skerne. Figure 7. Schematic Diagram of a Bank Protected Using Willow Faggots and Spiling http://evidence.environment-agency.gov.uk/FCERM/Libraries/SC060065_Images/4d3dc743-0a76-474b-880f-a372e4daebb4_8.sflb.ashxhttp://evidence.environment-agency.gov.uk/FCERM/Libraries/SC060065_Images/4d3dc743-0a76-474b-880f-a372e4daebb4_9.sflb.ashx (Source: Environment Agency, 2010). Furthermore, coir fibre products (Aquatic Planting), which support the growth and development of plants that physically secure the bank or shoreline (Ponds UK, 2011a), have been provided in some tree-lined areas to stabilise eroding banks. It means that the rolls can sperate and break the water force directly to the river bank in order to protect trees and further problems of the river such as blockage. Because the river is located in the low farm land and resistant rock area, verious rooted plants and other species can be established whether formed as rolls or not, including water-lilies, Canadian waterweed and water starwort, potamogeton natans, mosses, sparganium erectum, and Rorippa nasturtium-aquaticum agg (Haslam and Wolseley, 1981; Haslam, 1978; Readers Digest, 1985). The coir fibre rolls are 3 metres long and normally six plants per metre (18 plants per roll) (Ponds UK, 2011a), which is illustrated in Figure 8. At the last, fences which was damaged by water force might be rep laced arround the river bank in order to keep animals (sources of pollution) far away from water body. Figure 8. The Photo of Coir Fibre Rolls http://www.pondsuk.com/wp-content/uploads/coir-rolls-and-nicospan.jpg (Source: Ponds UK, 2011a) In conclusion, verious types of techniques have been ultilised for river restoration to control erosion and deposition and improve biodiversity, such as derdging, rip-rap, vortex weirs, willow spiling and faggots, coir fibre rolls and fencing. Dredging which is the first stage of the restoration, can maintain the similar width of river bank in most parts in order to keep velocity of river flow. Rip-rap and vortex weirs can change the slop of the river bed, the length of the water waves and stability of channel cross sections to reject bank erosion and lateral shift of planform. Other options are sustaianble methods not only to cove large areas of erosion quickly but also to install aquatic vegetation where none currently exists. As a result, the hydraulics of the river after restoration will be changed and also become more stable and sutiable for renatural river. 3.2 Economy Analysis of Project IEPA (1998) stated that mechanical dredging is less expensive than hydraulic dredging in small project and usually cost from  £5 to  £20 per cubic yard including disposal. In the project, dredging is mainly utilized to move rock from the site to other site and it is hard to calculate the actual volume of dredging because of missing data; thus, the potential total cost of dredging cannot be assumed. Although there is no available cost of transporting rock from other regions, the cost effective and cheapest rock will be accepted. Ponds UK (2011b) mention that gabions (Rip-rap) are economic and well established tools for the construction of river walls revetments for river restoration project. As can be seen in Diagram 4, about 680 metres willow spiling will be placed in the river bank. It may cost  £115 per metre which is cheaper than other complex and mixed spiling (River Restoration Centre, 2011a). According to calculation, the total cost of spiling is around  £78,200. Moreover, 600 metres faggots, which are formed from local materials, will be installed in D (Diagram 4). Therfore, it is not easy to calculate the particular cost during restoration; on the other hand, the cost might be cheaper than spiling and also can be limited and saved in the operation phase. The cost of coir fibre rolls is approximately  £130 per metre (River Restoration Centre, 2011b), and 720 metres of rolls will be planted in the tree-lined bank. Thus, the total cost of the rolls is  £93,600 which is more expensive than other methods. In summary, coir fibre rolls, willow spiling and derdging are more expensive in all techniques, but the cost Rip-rap and willow faggots is sitting in the middle level and others such as fences and weirs are the cost effective options for restoration project. 3.3 The Impacts of Restoration on Local Ecosystem It is truely that every development or restraotion of river has negative and possitive impacts on environmental and social aspects whether in short or long terms. Restoration may take place in the sourrounding fields and can disturbance some normal activivties of animals and farmers, which may give occurison to pulic attention especially focused on the adverse impacts such as using private land during planning and construction processes. Therefore, the feedback of local farmers and related organizations should be collected before designing river restroation. During re-construction phase, mechancial derdging can cause adverse impacts on aquatic ecosystem as potential toxic chemicals and other contamination may be released from the bottom sediments into water body. Furthermore, it also increase water turbidity in short time period; to some extent, the change of water turbidity can affect aquatic species metabolism and interfere with spawning and water quality for ultilization especiall y in downstream regions (New World Encyclopedia, 2008). Although restroation has some adverse impacts on aquatic ecosystem and water turbidity, it is not means that restoration has no possitive impacts on local environment and water body. On one hand, restoration of the River Severn in Caersws aims to control erosion and deposition to recreate more sustainable, stable and natural river in a long term. On the other hand, it also has some benefits for local ecosystem; for example, willow spiling and faggots and coir fiber rolls can bring biological, ecological and engineering concepts together by using natural materials and growing vegetation to stabilise the river structure and flow regime and maintain natural ecosystem in the site. Moreover, a number of native wetland plants used in these techniques can make a varied physcial adaptated conditions for invertebrates, fish and wildlife in the river. It means the biodiversity of local vegetation and habitats will increase after restoration and water quality will also be improved as potential chemical pollution from frams and erosion ot the river bank can be controlled, which results in safety ultilisation of water for fauna, flora, and human. In a word, river restoration may control erosion and deposition and improve the hydraulics of river and water quality and also create a susatianble and natural river with great visual view in long terms (Diagram 3 4). 4. Conclusion The clean-up of the River Severn at Caersws illustrated why and how the river restored as natural source of water and how affect local ecosystem in the site. The more likely cause of restoration is the river erosion and deposition with continuous wavelength and water force, which will affect water turbidity and pollution in the local site and downstream. Moreover, the goals of restoration projects are often ecological in nature combined with analysis of hydrology and geomorphology of the channel. The variety types of techniques have been introduced during restoration processes, such as mechanical dredging, Rip-rap, vortex weirs, willow spiling and faggots, coir fibre rolls and fences. In a short term, restoration of the River Severn has some negative impacts on local aquatic ecosystem and water quality; for example, dredging can bring potential toxic condition and turbid water for aquatic species. However, the restoration is a sustainable activity of river management in Caersws to en hance aquatic and riparian habitat, improve water quality and hydraulics of flow regime, and control erosion and deposition of the river bank especially in long term periods. The width of river bank, wavelength, water force of damaging river bed and other flow regime will be changed after restoration programme. In conclusion, the restoration of River Severn in Caersws within suggested techniques is an effective method to redevelop the river become stable and natural in terms of social, economic and environmental aspects.