Portfolio of two banks Essay Example | Topics and Well Written Essays - 1000 words

Portfolio of two banks - Essay Example The vision of the company is to provide its customers innovative products and services. The presence of Mashreq Bank is expanding as its performance is among the highest ranking banks in the UAE. The bank is renowned all across UAE and out of every two households one individual has an account in Mashreq Bank. The company has identified the importance of customer satisfaction and creating value therefore there is a number of â€Å"Service Centers† and also one of the largest â€Å"Automated Teller Machine (ATM) network all over the country. The bank is also on the verge of globalization and has twelve offices overseas (including Europe, United States, Asia and Africa). Mashreq Bank is one of the most profitable banks in UAE. It started successfully from the first year of inception and the financial growth is strong during the last decades. The bank has witnessed its market share rising, a solid equity base, the asset base keeps on growing and the returns gathered from the Assets increments. These are the competitive advantages the bank posses and also these characteristics are the bases of the â€Å"strong Financial Position† of the Bank. The Emirates National Bank of Dubai was formed in the year 2007. It was a merger between the second and the fourth largest banks of United Arab Emirates. The biggest advantage to the bank is that it gained the name of the two most renowned banks of the region. The reason of the merger was to become a giant and provide enhanced value in corporate, retail, private, Islamic services and the investment banking across the region. ENBD is the leading group in the market (Dubai); the bank celebrated its 50th anniversary. The vision of the bank is to achieve global recognition and to provide the most effective and efficient â€Å"Financial Services† all over the globe. The bank has 215 branches and the ATM and cash deposit machines fitted across the region and overseas are 889. The bank is promoting its Islamic

Brice Family Essay Example for Free

Brice Family Essay The Brice family consisted of a family unit of five. The father Davie a lawyer, the mother Caroline, their teenage daughter Claudia, the younger daughter Laura and younger son Don. The family was referred by a psychiatrist who had been seeing Claudia, but felt the whole family needed to be in therapy. The first session was a challenge, the family agreed to go in all together only for the initial session and they were not very comfortable to begin with. The mother Caroline felt the problem that should be address was the issues their teen daughter was having and she did not believe the entire family should be there. Both the mother and daughter came in angry to the therapy session and there was a lot of tension in the room. The father was respectful and stated he was happy to be there, but his body language told the therapist he has not comfortable being there. The youngest daughter Laura seemed to be in a cheerful mood with high energy. The youngest son Don did not show up for the first session. During the session there was an argument that broke out between mother and daughter, Carolyn seems to think they are in therapy to resolve the daughter’s issues that is affecting the entire family, but she does not feel the family as a unit has a problem. Both therapists agreed that it would not be ideal to start the family session without the youngest son Don who did not show up. David and Carolyn did not seem happy with this choice and felt the longer they waited  for their daughter to get help the worst it would get. Carl explain the dynamics of the family and how important it was to have Don at the initiation of the family session, and asked the family to think if they wanted to be a part of the family they are in, and if they did to call and set up a time for the next session with Don include. Dave did not hesitate and agreed to set up an appointment then and there; he looked over at his wife and asked he if she agreed. Carolyn agreed and towards the end of the session Carl connected with Laura the youngest daughter by engaging her in dialog and asking what she thought about everything that was going on in the family. By doing this Carl was able to show the family how every member of the family has a valuable place in therapy, and it is not just about one person. Second Session The second session with the Brice family was as intense as the first one. Don the younger brother did attend the second session. He came in with a sloppy walk. Don has long blond hair and dressed in body shirt jeans and sandals. He introduced himself to Carl and seemed confident. Once the family was settle and the session started the focus of the session would always seem to try and come back to Claudia. Both parents think that Claudia is the cause of the family dysfunction and their marriage is in trouble because of her. Carl did a great job by taking the focus away from Claudia and putting it back on both parents. He was able to have them see that there were other issues that stemmed with them as a couple, and the structure of the family unit. David over working and not being a part of the family and Carolyn being over involved with her mother and her needs. Whitaker and Napier conceptualized the family’s difficulties as a whole problem. They did not see it stem form one family member. They felt the family all had some issues as individuals and as a couple for the parents that were not address when they should have been. Because the issues were set aside they resurfaced and intensified along with Claudia’s changing attitude and miss behavior. This is one of the reasons both parents seem to focus on Claudia and identified her as the main cause of the family’s problems. When using individual understanding of a family’s problem each family member is seen separate. The family is not taken in as a unit, but instead they work on the individual to be able to create harmony in the family. Each member issue are addressed  individually and worked on without the rest of the family having a part. When looked at as individual there is a targeted behavior the individual is seeing as the problem not the family unit as a whole. Carl used the systemic family approach with the Brice family, both therapist looked at the circular interaction of the family problem, the family role of each family member and how they fit in to contributing to the family dysfunction and made sure the entire family was present for the first intervention. Both therapist looked for positive contributions to the social organization of the family that they could look back on to start working with the family as one unit and not focus on one member of the family to be the problem. One of the interventions came by the simple sitting arrangement the family had. The family in the beginning of the session unconsciously sat according to the family structure and how they felt it was. By having the therapist change the seating arrangements was a symbolic change and shift in the family structure to what it should be. Systematic therapy seems to be the best time of therapy for the Brice family. In this paper I have talked about the first two sessions of the Brice family, I have included Whitaker’s and Napier’s conceptualization of the families difficulties and described ho this differs from individual understanding. I also talked about specific interventions used with the family.

The Relationship Between Geography And International Relations Politics Essay

The Relationship Between Geography And International Relations Politics Essay From this quote, it can be understood the importance of geography for regions, people, politics, economics, globalization and the study of International Relations. As a definition, it can be remarked that Geography is considered as the study of spatial patterns in the human and physical worlds. What geographers do is the examination of how human and natural characteristics are distributed across the earth, what the relationship between them is and what patterns of behavior have those interactions. As an example, it can be used in terms of nature the Hurricane Katrina, when most of the population of New Orleans started to live in other cities in United States, while the price of gasoline increased considerably. Another example would be the war in Iraq, where so many Iraqi people have dead, and much of the military force is formed by people from many places in the world. In that sense, geography points on the study of interactions and flows between places in the world, not only physically but also Human, Systematic or Thematic and Regional geographic studies are made too. Those ramifications of Geography are called as Approaches to Geography  [2]  . Starting with Physical Geography, it can be said that it is the study of the natural environment and its processes in Earths surface: how climate changes, the distribution of landscape, the behavior and location of resources, hydrographic sources, ecology, soil surfaces for development, construction or life, and interactions between them that give people the idea of how is their intervention affecting the environment where they live in. On the other hand, Human Geography studies the human relations according to their location, the way societies are when living in a specific place of the world. Due to the fact that human beings form large societies, they create physical and social environments where they transform their social structures and surrounding area where they live. These actions go towards the need of survival, and interests that people have in order to achieve general and specific goals. As branches of Human Geography, it can be mentioned Demography  [3]  , urban/rural changes, politics and economies. Talking about Systematic or Thematic Geography, it can be stated as the study of the spatial relations and its effects relating it to Human Geography. That means the interactions of human groups with climate change, industrial development, health, migrations and urban growth. Finally, Regional Geography concentrates on specific areas on Earths surface  [4]  . It includes the study of soils, vegetation, landscapes and the linkage with culture, population, economy, politics, being both physical and human characteristics shapers of a Regional Character  [5]  . This concept involves the meaning of time, because regional linkages and boundaries change constantly from the point of view of geographers and also human collectivities. In this way, Regional Geography allows to establish a two-way interaction  [6]  between region and people which is really important to understand the relationship between geography and many aspects in the international environment. One of these aspects is globalization. As it is well known, globalization is transforming the world, making cultures get mixed and spread all over it. According to John J. Wild and his colleagues  [7]  , globalization changes also the national economies and standards of living (for better or for worse). The forces that drive globalization nowadays are changing profoundly cultures and political, legal, social and economic systems. Global connections involve crossing barriers or frontiers with ideas, technology, culture, people, money, capital, and unfortunately crime and terrorism. Definitely, it is much more than the expansion of trade and investment among nations  [8]  . This definition takes people to have many debates against and supporting globalization, in terms of its influence on jobs and wages, labor and environmental regulation income inequality, national sovereignty, democracy and culture. Now that globalization has been explained, Localization is also a very important concept to remark, and the best way to do it is with an example: it is not the same case if it is examined the way of living in France, and contrasted it with the conditions of living in Malaysia, Singapore or Peru. Ways of thinking and acting in those regions are so different, even if people have similar characteristics as human beings. That is why people in different areas have their local identities clearly defined, and the new ones that arrive are considered as external, though they start later to become so popular and widely accepted. That is what is considered the Power of globalization. Another aspect that involves geography and the international environment is the human impact on natural scenarios. It refers to the impact of the human activities (industrial, scientific, demographic) in the landscape, and environment conditions that make possible life on Earth. Towards this topic are well known the efforts that governments and non governmental institutions have done in order to preserve the environment. Almost all people around the world have heard about the Kyoto Protocol in the United Nations Convention on Climate Change, and other conferences and meetings all over the world, to prevent or diminish the emissions and risks of contamination for life and human development. Regarding at this topic, it can be stood out this expression said in An inconvenient truth, the film made with the participation of Al Gore, that tries to move consciences towards global warming nowadays: à ¢Ã¢â€š ¬Ã‚ ¦Each one of us causes Global Warming, but we can change it with the products we buy, the electricity we use, our cars. We have the solution in our hands. We need determination to make them workà ¢Ã¢â€š ¬Ã‚ ¦  ¿But, there is actually a real conscience of the damage human beings have done to the Earth, or it is only a political strategy to obtain greater benefits? Now is time to speak about International Relations. As is well known, International Relations is the study of human interactions through national borders and factors that affect those interactions  [9]  . Thereby, Geography can be defined in terms of International Relations as the study of the geographical characteristics that affect directly or obliquely the international actors, such as states, civil society, NGOs and intergovernmental organizations. It has to be taken into account that the aspects mentioned before are part of International Relations as a hole, but it was absolutely necessary to define each one of them to have a clearer idea of what they are. Now, inside International Relations there are aspects as globalization, environmental issues, but also there are other ones like: regions and cultural geography, society, race, gender and ethnicity, population distribution and dynamics, politics, development and human rights. Continuing with the environmental issues, there are four important problems in the environment that concern people in the world. The first one is the impact of farming and mining. These activities have in the recent years increased soil erosion, and contamination due to the toxic wastes sluiced to land, going together with changes in species, both fauna and flora. The second problem is the ozone depletion caused by the toxic gases that people leave to the air, making the ozone hole grow more every single day. The last two ones are acid depositions  [10]  and natural hazards, such as earthquakes, hurricanes, storms, mudslides and problems in coastal zones. In terms of regions and cultural geography it is important to state the influence of language as a way of communication among people, and it is a very important factor in geographic diversity, it builds a shared identity in communities and groups of people, the same way religion and races do. In race and ethnicity, ethnic groups for example establish a common identity, recognized by themselves and by other people outside the ethnic groups according to elements as language, religion, tribe, nationality or race, and the share of a strong link between members  [11]  . Following this sequence of ideas, the next topic in the International Relations and Geography is population distribution and dynamics. How migration, population densities, distribution, poverty and wealthy affect the international environment? Demography, the branch of Human Geography that studies those effects, is in charge of analyze the social, economic, cultural and politic connotations that have this phenomena. They play an important role in the economic and social structure of a country, and also when planning the main policies and practices in the world  [12]  . The big dilemma now is to adjust population dynamics to the existent structures, or on the other hand, modify the structure of the International System to the tendencies of the demographic growth  [13]  . As population increases faster every single day, it is necessary for the International System to take into account demographic variables to create new policies in terms of migration, jobs and wages, security, going towards development strategies, especially in third world countries. This quote said by Sauvy, explains perfectly the relationship between Demography and International Relations: Demography, science that studies population, is everywhere and nowhere. Devoid of natural frontiers, it can be extended or restricted conventionally  [14]  . As Demography studies the effect of populations in International Relations, and it has to be entirely with humans, it does not have natural borders but interferes absolutely in the International System and its way of working. When talking about politics, it is necessary to call the concept of Political Geography, which is the study of the influence of political organizations or movements in the world regional geography. The main objective of Political Geography is the relationship between Population, State and Territory  [15]  . This branch of geography is structured in three levels, as follows: The State where are studied all cohesive, coercive and breakup forces in a specific territory. Over the State, international relations are located, as the study of political and geostrategic processes in the area. Finally, under the State (but not less important) is located the study of the political geography of communities inside the territory, and their relations of power between the communities and the state.  [16]   In the political ambit it is essential to mention also the importance of other organizations such as United Nations in the ways of government in regions. The term governance appears affected by the influence of those organizations as regulators or cooperators in the International System. These organizations also work as network builders that function across country borders, giving birth to a process called the stretching of politics.  [17]   The last one of the aspects related to International Relations and Geography, is Development and Human Rights. It considers the differences that erupt when analyzing some regions that have higher or lower material and personal well-being indexes, and those studies take into account for example the complex interactions of people with natural environment, the historical growth of population, the evolution of political systems, economics and Human Rights  [18]  . From that point, these phenomena can give an idea of how Human Rights in the International system have evolved into the established guidelines of Human Rights today in the world. Concluding, all aspects mentioned before link Geography with IIRR in a way that is impossible to mention IIRR without mentioning Geography, since it talks about aspects that are essential for the understanding of International System. Geography can be considered as a helpful tool since IIRR is a multidisciplinary science.

Oprah Winfrey Essays -- essays research papers

"The Oprah Winfrey Show". Her show is known to not only all over the United States, but also known to all around the world. Today she is known as the America's most famous and powerful woman. Every woman in America envies her great fortune and her intelligence. But Oprah insists that she is not special or gifted. She had overcome many hurdles and reached to the top of America's national T.V host. What makes her so popular and most loved entertainer in the United States? Oprah Winfrey, a talk show host, actress, producer and philanthropist, and business woman is the chairwoman of HARPO entertainment in Chicago. She joins the elite company of Lucille Ball and Mary Pickford, as the only woman in T.V and film to own their own production studios. Through HARPO productions, she produces and hosts America's number one popular show, "The Oprah Winfrey show". (Oprah Winfrey talk show bio 1997 p.1) Today many woman in America envies her life; her popularity, intelligence and her great fortunes. Though her success was gained from her hard work and education. She did not have any special background to be a most loved woman in America. She has overcame number of obstacles that most people have encountered in their own lives. She had to deal with poverty, sexual abuse, racism as a child, and her lifelong battle with weight. Oprah Gail Winfrey was born in Kosciusko, Mississippi on January 29, 1954. As a child, she moved to Milwaukee, Wisconsin, then moved back to Nashville. She has lived through poverty, repeated sexual abuse, and a sentence to a juvenile delinquent home. (Hyde 1997 p.57) Oprah was crowned Miss. Black Tennessee at age 19. In 1973. She left Tennessee State University and became a newscaster for WTVF in Nashville. Three years later, Oprah became a news anchor in Baltimore at an ABC station but after 9 months, she was pulled off the air because of an emotional ad-lib delivery. She eventually ended up in Chicago hosting a morning show called "AM Chicago". In less than a year, the show became number one and was expanded to one hour and re-named "The Oprah Winfrey Show". (http://pilot.msu.edu/user/bresnah2/oprahbio.htm 1997 p.1) From there, she has been an actress in the "Color Purple", "The women of Breuster place" and "There are no children here".(Oprah Winfrey)Today, "The Oprah Winfrey Show" is the highest rated talk show in T.V history, and ... ...not, though many women are hoping her to remain in the show and share her power and intelligence with them. Oprah's effect on T.V is so great that since she started to appear on the show, many similar talk shows increased dramatically. And most of these talk show hosts are very popular just like Oprah. Though I believe no one among them can influence American women just like Oprah did. REFERENCES 1. Benezra, K. (1997). Products pitch talk hosts. Media week, pp. 6.2. Dickerson, D (1997). A womans's woman. U.S News & World Report. pp.10. 3. Hyde, W.S (1991). Television and Radio Announcing. Boston:Houghton Mifflin Company. 4. Schlosser, J (1997). Oprah watch. Broadcasting & Cable. pp. 10.5. Stanley, T.L (1997). What they've got. Media week. pp. 34-35.6. http://pilot.msu.edu/user/bresnah2/oprabio.htm. (1997). Oprah Winfrey. pp1.7. http://www.datalist.idsite.com/oprah-table.html. (1997). Oprah Winfrey. pp1.8. http://www.tvtalkshows.com/oprah/bio/. (1997). Oprah Winfrey Talk Show Bio. pp1-2.

A financial Case Study of Sovereign Lodge

The Sovereign Lodge is an old, but good maintained belongings that has changed ownership several times over the old ages. It has no eating house or saloon. It is positioned as a mid-price, good quality â€Å" finish † resort Lodge. The Sovereign Lodge is unfastened during the skiing season. It opens on December 2 and closes the last twenty-four hours of March. The ski mountain it serves operates on a license from the province which allows merely 120 yearss of operation per twelvemonth. Each of the 50 suites in the east wing rents for $ 15 for individual tenancy or $ 20 for dual tenancy. The west wing of the Lodge has 30 suites, all of which have dramatic positions of the skiing inclines, the mountains, and the small town. Board in this wing rent for $ 20 and $ 25 for individual or dual tenancy, severally. The mean tenancy rate during the season is approximately 80 % ( typically, the Lodge is full on weekends and norms 50 to 60 suites occupied on hebdomad darks. ) The ratio of individual versus dual tenancy is 2:8, on norm. Operating consequences for the last financial twelvemonth are shown in Exhibit 1. Mr. Kacheck, the director of the Lodge, is concerned about the off-season months, which show losingss each month and cut down the high net incomes reported during the season. He has suggested to the proprietors, who acquired the Lodge merely at the terminal of the 2006 season, that to cut down the off-season losingss, they should hold to maintain the west wing of the Lodge runing year-round. He estimates the mean tenancy rate for the off-season to be between 20 % and 40 % for the following few old ages. Kacheck estimations that with careful attending to the off-season patronage a 40 % tenancy rate for the 30 suites during the off-season would be much more likely if the proprietors would perpetrate $ 4,000 for advertisement each twelvemonth ( $ 500 for each of 8 months ) . There is no grounds to bespeak that the 2:8 ratio of individual vs. doubles would be different during the balance of the twelvemonth or in the hereafter. Ratess, nevertheless, would hold to be drastically reduced. Present programs are to cut down them to $ 10 and $ 15 for singles and doubles. The director ‘s wage is paid over 12 months. He acts as a caretaker of the installations during the off season and besides contracts most of the fix and care work during that clip. Using the west wing would non interfere with this work, but would do an estimated extra $ 2,000 per twelvemonth for fix and care. Mrs. Kacheck is paid $ 20 a twenty-four hours for oversing the amahs and assisting with check-in. During the season, she works 7 yearss a hebdomad. The regular desk clerk and each amah are paid on a day-to-day footing at the rate of $ 24 and $ 15 severally. The paysheet revenue enhancements and other periphery benefits are about 20 % of the paysheet. Although depreciation and belongings revenue enhancements would non be affected by the determination to maintain the West flying unfastened, insurance would increase by $ 500 for the twelvemonth. During the off-season, it is estimated that Mr. and Mrs. Kacheck could manage the forepart desk without an extra individual. Mrs. Kacheck would, nevertheless, be paid for 5 yearss a hebdomad. The cleansing supplies and half of the assorted disbursals ( room supplies ) are considered a direct map of the figure of suites occupied. The other half of the assorted disbursals are fixed and would non alter with 12 month operation. Linen is rented from a supply house and the cost besides depends on the figure of suites occupied, but is twice every bit much, on norm, for dual tenancy as for individual tenancy. The public-service corporations include two points: telephone and electricity. There is no electricity disbursal with the Lodge closed. With the Lodge operating, electricity disbursal is a map of the figure of suites available to the populace. Rooms must either be heated or air-conditioned. The telephone measures for each of the four seasonal months were as follows: 80 Telephones @ $ 3.00/month $ 240 Telephone Basic Service Charge 50 $ 290 During the off-season, merely the basic service charge is paid. The monthly charge of $ 3 is applicable merely to active telephones. An extra facet of Mr. Kacheck ‘s proposal is that a covered and het swimming pool be added to the Lodge. Mr.Kacheck believes that this would increase the chance that the off-season tenancy rate would be above 30 % . Precise estimations are impossible. It is felt that although the winter tenancy rate will non be greatly affected by adding an indoor pool, finally such a pool will hold to be built to remain even with the competition. The cost of such a pool is estimated to be $ 40,000. This sum could be depreciated over 5 old ages with no salvage value ( $ 15,000 of the $ 40,000 is for a plastic bubble and the heating units, which would be used nine months of the twelvemonth ) . The lone other costs associated with the swimming pool are $ 400 per month for a lifesaver, required by jurisprudence during the busy hours, extra insurance and revenue enhancements, estimated to be $ 1,200 ; heating cost of $ 1,000 ; and a annual care cost of $ 1,800. If the pool were covered, a guard wou ld be needed for 12 months. If it is non covered, a guard would be needed merely for 3 summer months ( from 15 June to 15 September, the warmest period of the twelvemonth ) , and there would be no warming disbursal.Exhibit 1 Sovereign LodgeOperating Statement, For the Fiscal Year ended 3/31/09 Grosss $ 160,800 Expenses Wages Manager $ 15,000 Manager ‘s Wife 2,400 Desk Clerk 2,880 Maids ( four ) 7,200 $ 27,480 Payroll Taxes and Fringe Benefits 5,496 Depreciation ( 15 twelvemonth life ) 30,000 Property Taxs 4,000 Insurance 3,000 Repairs and Maintenance 17,204 Cleaning Supplies 1,920 Utilities 6,360 Linen Service 13.920 Interest on Mortgage ( 5 % involvement rate ) 21,716 Assorted Expenses 7,314 Entire Expenses 138,410 Net income before Federal Income Taxes $ 22,390 Federal Income Taxes ( 48 % ) 10,747 Net Profit $ 11,643 The six options are Opening in the summer, A with and without advertisement, for each of no pool, pool without bubble, pool with bubble.The Options are:Stay unfastened, no advertizement, and no pool. Stay unfastened, advertisement, no pool. Stay unfastened, no advertizement, and pool merely. Stay unfastened, advertisement, and pool merely. Stay unfastened, no advertizement, pool and bubble. Stay unfastened, advertisement, pool and bubble. A matrix demoing incremental fixed costs for each of the six options and classs of cost covering, fixs, insurance, Mrs. K, advertisement, the pool, the bubble, pool disbursals ( rather a few classs here ) , telephone, electricity, and amahs ( if you think necessary ) . Each figure in this matrix should be carefully explained as if to a non-finance individual.Fixed costs for the off season which is besides known as Incremental fixed cost:Manager ‘s married woman: she is paid merely 5 yearss a hebdomad hence, figure of yearss for which she is paidEntire yearss in the 8 month period = ( 365-120 ) = 245 yearss Therefore, figure of hebdomads in that period 245/7 = 35 hebdomads 35 ten 5 yearss = 175 yearss ( Mrs. Kacheck is paid merely for 5 yearss a hebdomad ) 175 ten $ 20 = $ 3500 ( sum spent on Mrs. Kacheck ‘s wage )Maid ‘s wageAt least one amah is considered in the off extremum season and the options in which advertisement is done 2 amahs are taken.Maid is paid $ 15 per twenty-four hours and for 245 yearss during the off extremum season 15 ten 245 = $ 3675 per amah Sing 1 amah for 8 months consequences in the $ 3675 While for 2 amahs, 2 x $ 3675 = $ 7350Repair and care$ 2000 for 8 months ( mentioned in the instance survey ) Additional $ 1800 for the options in which pool is considered.Utilities: ( Telephone + Electricity )Utilities expense = telephone + electricity + warming ( in alternate 5 and 6 merely ) The telephone and the electricity is the direct map of figure of suites available to the populace it is considered for 30 suites. Telephone for 1 month 290 Therefore telephone for 4 months = 290 * 4 = 1160 + 400 ( basic service charge for 8 months when all the line were closed assuming that the Lodge was closed for 8 months ) = $ 1560 Expenses on telephone for 8 months presuming that the 30 suites are available to the public = 30 x 3 = 90 + 50 ( basic service charge for east wing which is closed ) = $ 140 per month Therefore, for 8 months = 140 ten 8 = $ 1120Electricity:Hence by here we can cipher the electricity disbursal i.e. = 6360 – 1560 = $ 4800 Electricity disbursal for 80 suites for 120 yearss = 4800 Therefore electricity disbursal of per room per twenty-four hours = 4800 / ( 80*120 ) =0.5 per room per twenty-four hours Therefore for 30 suites for 245 yearss = 0.5 ten 30 ten 245 = $ 3675 And heating disbursal will be $ 1000 ( wherever pool and bubble is included i.e. in alternate 5 and 6 ) Then calculate the incremental part ( in $ ) per occupied room/day during the off-season?Incremental Contribution = Revenue – Variable disbursalStay unfastened, no advertizement, and no pool.Incremental Contribution Margin: Entire Revenue – Entire Variable Expenses =20580-3524 = 17056 17056 = 2842.66 per room 6 Suites 2842.66 = 11.60 part border per room per twenty-four hours 245 yearss Incremental Contribution Margin: Entire Revenue – Entire Variable Expenses =41,160 – 7,291 =33869 33869 = 2822.41 per room 12 Suites 2822.41 = 11.52 Contribution Margin per room per twenty-four hours 245 yearss Incremental Contribution Margin: Entire Revenue – Entire Variable Expenses =30870 – 5529 = 25341 Contribution Margin 25341 = 2815.66 per room 9 Suites 2815.66 = 11.49 Contribution Margin per room per twenty-four hours 245 yearss Variable Expenses =41,160 – 7,291 = 33,869 Contribution Margin 33869 = 2822.41 per room 12 Suites 2822.41 = 11.52 Contribution Margin per room per twenty-four hours 245 yearss Incremental Contribution Margin: Entire Revenue – Entire Variable Expenses =30,870 – 5,529 = 25,341 Contribution Margin 25341 = 2815.67 per room 9 Suites 2815.67 = 11.49 Contribution Margin per room per twenty-four hours 245 yearss Incremental Contribution Margin: Entire Revenue – Entire Variable Expenses =41,160 – 7,291 = 33,869 Contribution Margin 33869 = 2822.41 per room 12 Suites 2822.41 = 11.52 Contribution Margin per room per twenty-four hours 245 yearss Note: All the computations are for ciphering the gross is done sing the ratio of 2:8 for individual: dual as mentioned in the instance survey.Incremental Variable disbursals –Linen services:For disbursals of 4 months = 13920 ( given in the instance survey ) With regard to 80 % of 80 suites presuming the ratio of Single: dual as 2:8 Therefore linen supplies = 13920/ ( 13 individual suites x 1 + 51double suites x 2 ) = 13920/115 = 121.05 for 4 monthsTherefore linen disbursal for 1 twenty-four hours 121.05 / 120 = 1.01Therefore in 245 yearss we have 6 suites occupied in the ratio of 2:8 as individual: dual ( 4 double suites cost $ 8 and 2 individual suites cost $ 2 per twenty-four hours giving a sum of $ 10 per twenty-four hours for the linen services ) 245 x 10 = $ 2450 Similarly when the tenancy rate is dual i.e. 40 % at that clip the figure of suites alterations from 6 to 12 and sing 3 singles and 9 dual suites the linen comes $ 5145Cleaning suppliesExpenses on cleaning supplies in 4 months = 1920 No. of suites occupied in that period = 80 % of 80 = 64 suitesTherefore, cleaning supplies per room per twenty-four hours = ( 1920 ) / ( 64*120 ) = $ 0.25Hence, for 6 suites for 245 yearss = 0.25 ten 6 ten 245 = $ 368 Similarly, when the figure of suites taken is 9 for the instance of 30 % and for 12 for 40 % tenancy. Hence, for 9 suites for 245 yearss = 0.25 ten 9 ten 245 = $ 551 Hence, for 12 suites for 245 yearss = 0.25 ten 12 ten 245 = $ 735Assorted disbursal50 % of 7314 is variable i.e. 3657 for 120 yearss sing 64 suites Therefore misc. disbursal per room per twenty-four hours = 3657/ ( 64 x 120 ) = 0.48 per room per twenty-four hours Hence for 6 suites for 245 yearss = 0.48 ten 6 ten 245 = $ 706 Similarly when the tenancy rate is 30 % the figure of suites taken is 9 and when it is 40 % the figure of suites taken is 12. Hence for 6 suites for 245 yearss = 0.48 ten 9 ten 245 = $ 1058 Hence for 6 suites for 245 yearss = 0.48 ten 12 ten 245 = $ 1411 By spliting each of the six incremental fixed costs by the incremental part per unit, and comparing this figure with the figure of room/days available outside of the skiing season, you should deduce interrupt even tenancy per centums in the scope 18 % – 44 % . For each determination alternate calculate the tenancy rate necessary to interrupt even on the incremental one-year disbursals.Break even volume = Incremental fixed cost / part border per unit ( room )Stay unfastened, no advertizement, and no pool.Break Even Volume: = 14470 2842.66 =5.09Stay unfastened, advertisement, no pool.Break Even Volume: = 22145 2822.41 =7.84Stay unfastened, no advertizement, and pool merely.Break Even Volume: = 27270 2815.66 = 9.68Stay unfastened, advertisement, and pool merely.Break Even Volume: = 34945 2822.41 = 12.38Stay unfastened, no advertizement, pool and bubble.Break Even Volume: = 31270 2815.67 = 11.10Stay unfastened, advertisement, pool and bubble.Break Even Volume: = 38945 2822.41 = 13.79 The tenancy per centum comes out to be about equal to 40 % sing all the options i.e. remain unfastened, advertisement, pool and bubble. The figure of suites required to be filled is about equal to 12 out of 30. By comparing these breakeven figures with Mr Kachek ‘s outlooks ( as indicated in the text ) you should pull decisions about which of the options is the best. The recommend option on the footing of breakeven computations: Ans. The best option should be the first one i.e. merely to remain open because merely 5.5 % more tenancy is needed to run into the interruption even status which is rather less every bit compared to the other values. This determination option can besides be considered because of the gross. Mr. Kacheck besides thinks that if the advertisement is done so the tenancy per centum will be at least 40 % and by comparing the per centum of the part border to the incremental fixed cost gives the Break even volume which is good for the first option. Alternate 1: The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 5.09 % . All the computations are done sing the tenancy rate as 20 % in that determination option. To run into a status where entire gross is equal to the entire disbursal the most favourable rate of tenancy for this instance should be 14.01 % Alternate 2: The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 7.8 % . All the computations are done sing the tenancy rate as 40 % in that determination option. To run into a status where entire gross is equal to the entire disbursal the most favourable rate of tenancy for this instance should be 42.2 % Alternate 3: The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 9.68 % . All the computations are done sing the tenancy rate as 30 % in that determination option. To run into a status where entire gross is equal to the entire disbursal the most favourable rate of tenancy for this instance should be 21.4 % Alternate 4: The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 12.4 % . All the computations are done sing the tenancy rate as 40 % in that determination option. To run into a status where entire gross is equal to the entire disbursal the most favourable rate of tenancy for this instance should be 27.6 % Alternate 5: The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 11.10 % . All the computations are done sing the tenancy rate as 30 % in that determination option. To run into a status where entire gross is equal to the entire disbursal the most favourable rate of tenancy for this instance should be 19.9 % Alternate 6: The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 13.8 % . All the computations are done sing the tenancy rate as 40 % in that determination option. To run into a status where entire gross is equal to the entire disbursal the most favourable rate of tenancy for this instance should be 26.2 % 7A Using the original net income statement for the skiing season, and the best option for the non skiing season you should deduce an overall annualA net income figure for Sovereign Lodge. After analysing the income statement of the extremum season i.e. skiing season along with all the six options, the 2nd option is the best 1 in which the Lodge stay opens along with the advertizement. Note: In this option the net net income comes to be highest which is the ground to choose this option in order to transport frontward the Lodge to remain unfastened for the remainder of the off extremum season. 8 You should compose a decision which incorporates your remarks in Note 5, and your sentiment from Note 6, and any other positions about the hereafter of this Lodge in order to do a concluding recommendation to the owners.A This decision should be at least half a page long. Ans. The fiscal statements say that 2nd option in which the Lodge is to remain unfastened with the advertizement but no pool is the best option because the net net income for that option is the highest and to be more profitable is the best thing. As Mr. Kacheck ‘s outlook if the advertisement is done maintaining the Lodge unfastened, the false per centum is 40 which enables the overall gross for the twelvemonth to be the highest. The net net income for this determination option is highest amongst all i.e. $ 16819. Because there are no extra disbursals the overall gross is high and there are more net income borders. Mr. Kacheck expects that the net income border will be higher for the options in which the advertisement is done. Initially the basic status is to maintain the Lodge unfastened during the off extremum season and in that period if no extra disbursal is done so the net net income comes to be the higher as in the 2nd option. Ad can better the tenancy per centum as more people will come to cognize about the Lodge. The advertisement money can be utilized in to the web site of the Lodge so that people can happen out the information about the Lodge online.

Review of Hamlet, performed in the lowry, salford quays Essay

On Wednesday 3rd of November, the A-level drama groups from Queens Park High School went to see a version of Hamlet performed in the Salford Quays Lowry theatre. Directed by Japanese Yukio Ninagawa, he has added Japanese influences into the traditional Shakespearean tragedy. The design of the set used artistic impressionism: The barbed wire represented the conflict present within his mind. As well as this it was a useful medium to cordon certain areas of the stage. The light bulbs also representing conflict, which are regularly used in Shakespearean plays; in this case used (as with the barbed wire) to evince the conflict beginning in Hamlet’s mind. The light bulbs would alight and sway to signify a monologue, and were also a type of imagery demonstrating the mind- the light bulb is commonly used to mark an idea. The doors around the edge of stage were used to replicate the idea of an open space, and gave the stage an incredible sense of vastness. By using these doors and certain lighting, the director was able to indicate different times of day: during the scene with Hamlet and the ghost, the light gradually moved around all of the doors and successfully created the feeling of a rising sun. The costumes worn by some characters appeared unusual; the ghost king (although written to be Norwegian) wore a Samurai costume, and the entertainers wore costumes relating to the native kabuki or no theatre of Japan. Shakespeare would probably have used clowns or a similar type of act to demonstrate the murder of Hamlet’s father. The reason for this stems from the Japanese director, Ninagawa, who used his own culture to influence some aspects of the play. This was interesting when it came to the setting of the play, as it did not tie with the written adaptation which -as mentioned earlier- was supposed to be based in Norway, and there were no references to this. Other costumes were used well to represent different circles within the play- royalty and those associated were dressed in red: a royal colour. Ophelia and her family originally dressed in white, possibly symbolising purity and truth, until Polonius joins the King and Queen and also dresses in red. Horatio dresses in similar plain black clothing to Hamlet, but wore a blue scarf that could have been used to differentiate him from the royal family. The two scholars that appear at the King’s request both wear grey, high-class outfits and look very much like scholars. The final groups of people to explore are the Polish army, the leader of which wore a very modern leather coat- a mark of high status and power. The major costume changes that occur are when Gertrude asks to speak to Hamlet- at which point she wears a light blue, flowing gown, representing her purity and innocence, and the underwear worn by Ophelia, showing her in a dishevelled and unkempt state. The main sound effects occurred at the beginning of each act; rolling thunder, which accompanied the swaying lights. Music was used namely in the performance by the Kabuki theatre. During Ophelia’s madness, she vocalises some sonnets written by Shakespeare. Songs are also sung by the gravediggers, although they feature only for a short while and do not contribute much to the play as a whole. Overall, the design of the play was well thought out, and the director was able to use the space, lighting, sound and costume to create a well-devised and creative atmosphere. In comparison the setting and design of the play, the acting did not contribute in such an involving way. All characters were able to project their voices, which made the audience able to competently hear what the characters where saying. But emotion and expression were lacking in many of the characters e. g. one of the most well known lines of the play ‘dear Jochum, I knew him well’ -spoken by Hamlet- was rushed and miscued. In a similar way, the characters of the King and Gertrude were greatly over-acted. The actors who demonstrated the best character development and realism were Polonius and Horatio. During the scene where Polonius ‘forgets what he was going to say’, many members of the audience believed that he had forgotten his lines, inducing laughter and amusement; exactly the reaction that Shakespeare intended. Horatio gave an excellent performance at the end of the play, producing ‘real tears’ and a very convincing sadness at the death of his best friend Hamlet. The performances of both of these characters were consistent throughout the play. Due to the barbed wire on the stage, some of the movement seemed restricted, such as the sword fight between Hamlet and Laertes, where it appeared that they accidentally knocked the wire causing it to shake and distract the attention of the audience. The body language of each character was questionable: Gertrude and the King both had over-exaggerated arm movements, whereas Hamlet appeared not to over-use large movements such as pointing and flailing arms. Polonius had an interesting twitch in his right arm, which at first appeared to be nervousness of the actor, but on further investigation, was an intentional manoeuvre used to depict his slightly psychotic character. Ophelia created madness in her character after the death of her father by moving in a lyrical fashion, as though not really aware of her motion – a successful tactic. Directors will use the versatility of the Hamlet script to create different relationships between characters, either successfully or unsuccessfully. Ninagawa made the following choices: The relationship between Polonius and Ophelia was interesting, because although at the beginning of the play Polonius chose to treat his daughter with disdain, Ophelia was quite obviously very disturbed and depressed about his death. This was perhaps conveying the true to life concept that one will love family no matter what the situation. Another relationship including Ophelia is the intimacy between herself and her brother – without knowing the characters, the audience may have been fooled into thinking that Ophelia and Laertes are lovers, as they kiss. The kiss appears to have a romantic nature rather than the kiss the audience would expect within a family kiss. This could result in the audience being ambivalent about the relationship between Ophelia and Laertes. Ninagawa does not pursue the romantic relationship between Ophelia and Hamlet or Claudius and Gertrude, which the audience would expect to see some evidence of- at one point, the actor of Gertrude tried to embrace Claudius who pushed her away, and there was very little contact between Hamlet and Ophelia. Hamlet is an interesting character within himself, showing signs of contempt towards other characters, being indecisive and uncaring. It is within the monologues that the audience is exposed to the real Hamlet, which Ninagawa has chosen to portray as acting madness, as opposed to becoming crazed. The final relationship being considered is that of Hamlet and Gertrude. At the beginning of the play, the actors did not express sort of bond, and the first contact they appear to have is in Gertrude’s closet, where she is moderately sexually harassed by Hamlet. This could have been executed in a much more perverse way, which fortunately the director did not choose to do. The acting in this version of Hamlet leaves a lot to be desired as lines were forgotten, words were misused and the some actors seemed lacking in direction. I feel that having heard the story of Hamlet after having seen the play, there was much that I misunderstood from watching and listening to the characters. Although true to the text, some of the words were spoken without expression and misinterpretation became easy attention lapsed. Having spoken to other audience members, certain key characters became easy to listen to – despite the difficult context – and even enjoy. The set and costume was admired for the provocative nature and was a success in almost all aspects. Overall, the play captured most moments that were significant either with the use of design or the skill of the able and talented actors.