Construction Law Assignment Example | Topics and Well Written Essays - 2500 words - 3

Construction Law - Assignment Example There are many requirements for the formation of a company in London, as guided by rules and regulations. The formation of the company will start off from the formulation of a unique company name, as regulated by London authorities. There will be a search of the Company House’s register to ensure that the formulated company name does not exist in the register or be closely similar to another company’s name (Gregory, 2014). The company name must not contain misleading words or expressions and must not suggest any connection with the government or other authorities in West London. This will ensure that there is no infringement of copyright and intellectual property rights, as well as adherence to the provisions by the Company House. Before registering the company’s name, there will be a consultation or check with the trade mark register to ensure that it can be registered as a trade mark. There will be development of a business name, as formulated from the register ed company name to facilitate easier conducting of business activities. The formulation of the company name, trade mark and business will result from extensive consultations and agreement amongst all the associates, in the form of consensus where every associate will provide suggestions to each of the three (Gregory, 2014). On the other hand, the registration of the company will be followed by the development of a unique company address as required by the Company House, HM Revenue and Customs, and other concerned authorities, as well as an address for clients. The company address will be a physical address registered in London, which is the planned company’s location. This will ease the management of corporation tax and the accessibility of the company in the Company House’s register. Each of the associates will become a director and shareholder of

The Glass Menagerie by Tennessee Williams Research Paper

The Glass Menagerie by Tennessee Williams - Research Paper Example The Wingfield family is torn apart due to the failings of its breadwinner – Mr. Wingfield. The play has garnered critical acclaim both as a work of written word as well as an enacted play. The further adaptation of this play into a movie is a testament to its enduring essence. But many critics believe that the play is best experienced through theatre performances. Consequently, many production houses have performed it time and over during the last seventy odd years. The intricate design of the plot and superlative performances from star casts of previous productions is now part of legend. Laurette Taylor’s performance as Amanda Wingfield is now acknowledged by many veterans as the best of the century. Just as the powerful script and excellent acting contributes to the success of the play, so does the direction, visualization, music, sound effects and other technical features. The rest of this essay will present the ideal approach to each of these facets to the play, so that the end product would capture all the definitive qualities behind the play’s resounding success. There are a few things to remember while choosing the cast for the play. The character of Amanda is central to the play and it should be assigned to someone who can portray the rugged southern belle image. She should be a strident and bold personality to fit with the description of someone who drove her husband away. The accent too should be spot on to reflect the southern mindset and sensibility. The actor playing Tom Wingfield should reflect the dreamy nature of his character, because he has to deliver the dialogues and monologues equally efficiently. The final speech by Tom in the final act of the play is especially crucial to the overall effectiveness of the play, for this passage is one of the most poetic, intensive and poignant in the entire play. The virginal daughter Laura Wingfield is someone whose dreams are as fragile as the animals in her precious glass collection. The actor for this role should thus play with sensitivity and a restrained sense of quiet tragedy. The chall enge in shaping the character of Tom is to bring to life the idea that the viewer is watching Tom turn his memories, his pain and guilt, into a work of art. To this extent it could be said that author Tennessee Williams was attempting to create a non-realistic theatre, using the literary devices and technical production tools available to him in the 1940s. Hence, modern productions of the play can incorporate some changes, without actually losing the essence of the narrative. For example, rather than a typewriter, Tom's means of turning the stuff of his life into art can be through a video camera. It can always be with him, even when he's disengaged from the action or sets the camera down momentarily. The other characters are seen from Tom's viewpoint, and the projections of what he sees come to represent the layers of his memory. By removing the burden of realism, one is able to hear the play anew. Coming to the scenic design, the director should ask ‘To what degree do we wan t to follow Williams's copious stage directions about lights, clothes, projections and so on?’ The fact that walls and furniture don't seem to be that useful for actors, makes the director look for less literal ways of solving the world of the play – in other words, capturing its essence without total adherence to author’s original and preferred mise-en-scenes. Lighting design for the play can also be challenging at times. For

Transforming Into a Transformational Leader Dissertation

Transforming Into a Transformational Leader - Dissertation Example One charismatic man, who worked as a mechanic during that time recently traced my brother-in-law as he now owns a multi million dollar company in Africa that is involved in large scale car repair. My brother-in-law inspired a worker but built a leader at the end of it all. I instantly wanted and still want to be just like him, a transformational leader. Transformational leadership is a leadership style that focuses on ensuring change that is revolutionary to an organisation by being committed to the vision of the organisation. Transformational leaders ensure this by redefining employees’ objectives, goals, visions and missions. These leaders renew their subordinates’ commitments and restructure their strategies towards attaining goals by stimulating each other and inspiring their followers to become leaders as leaders grow into moral aides (Sullivan and Decker, 2005). Over the years, I have learnt that emotional intelligence is a prerequisite to any transformational lea der. All the transformational leaders have a high level of emotional intelligence as it is what gives them the ability to accurately perceive and express emotion. Emotional intelligence is what gives transformational leaders the ability to access and generate thought feelings, to understand emotional knowledge and their ability to regulate emotions and ensure intellectual growth. Emotional intelligence incorporates the moral capacity of a leader (Bass, 1990) I would like to mature into the president of my current organisation, Blue Cross Blue Shield. To attain this position I have been cultivating my emotional intelligence where by my self awareness, motivation, self regulation, empathy and social skills. This means that for me to become an excellent transformational leader, I have to develop a high degree of understanding in what I am feeling, what it means and their potential positive or negative repercussions. Emotional intelligence will also support me in attaining measurable re sults when I become the president of Blue Cross Blue Shield. Since I got my job at Blue Cross Blue Shield, my major job description has been to train new and permanent employees to bring out the best in them and upgrading them to my organisation’s assets. I would like to grow further into a leader that put extra influence on employees by expanding the horizons in terms of goals. This would be done by elevating their confidence to perform and deliver more than what their expectations dictate (Conger and Kanungo, 1994). Naturally I am a charismatic fellow who arouses admiration. This is a strong quality that will provide intellectual stimulation, inspire and motivate my employees through the treating them with consideration individually. With expression of this behaviour the, by the time I graduate into the President of Blue Cross Blue Shield I would easily inspire my employees to attain their full maximum potential and display high levels of performance. I also have strong tec hnical skills and intellectual capabilities which would help me guiding employees in technical work. My remarkable high degree of self awareness and emotional intelligence helps me in detecting my strongest and weakest points. This can help in regulation my leadership abilities (Lussier and Achua, 2004). Like my brother-in-law, I have high determination and vision however my weakness lies here because I have not learnt how to use it evaluate my employees

Discourse with an Atheist Who Beleives That Gos Does Not Exist Essay

Discourse with an Atheist Who Beleives That Gos Does Not Exist - Essay Example For instance, evolution does not explain the forces that combined the hydrogen and oxygen molecules and dust particles to form the primordial cell. Likewise, the causes and reacting elements that triggered the Big Bang or the star’s withdrawal of elements from the sun, as is alleged in the Star-Tidal theory are not cogently identified in non-creationist theories. Even non-creationist theories have to take a leap of faith in investigating the origin of life forms (Mongrain, 2011, 205). Contrary to the above, no one can repudiate the fact that the world, the universe and life forms are too complex to have been brought about by random chance. The intricate network of the blood vessels in mammals (especially man), the universal order and man’s linguistic capabilities, are just some of the indicators of an intelligent Being who must have designed the universe. Had the Star-Tidal or the Big Bang incident brought the universe and life forms into existence, chances for this str iking order would be zero (1/?). Logically, if God exists, then His interactions with His creation will be inevitable, and the vestiges of these interactions may also be notable. Still, these requirements are consistent with the Biblical notion of God’s existence. Particularly, there are indicators of the universal or the Noahic flood, just as the Bible alleges that the flood took place around 4,300 BC. For instance, the multiple sources and traditions of the worldwide deluge as is seen in the Epic of Gilgamesh, the Rig Veda and Ovid’s Metamorphosis and the Chinese’s Book of Knowledge, among others provide the Noahic flood with multiple attestations. Particularly, there are over 240 literature and traditions which mention the worldwide flood. The slight disparities among the accounts do not really discount the plausibility of a universal flood having taken place. Instead, the numerous accounts corroborate it. 2) A case for Jesus' claim to be God and for His resu rrection That Jesus claimed to be God is directly settled in many references. Some of these references include: Matthew 12:6-8 (He refers to Himself as the Initiator of the Sabbath); Mark 2:1, 2, 10 (He forgives sins); Matthew 7:21-23 (He is the ultimate Judge who can render eternal damnation); Mathew 14:33 and John 9:38 (He accepts worship). Conversely, Christ’s claim to be God is expressly seen in the instance where He takes up God’s name and therefore equating Himself with God, in John 8:23-4. In Exodus 3:12-14, God reveals Himself to Moses, with the name I AM. In His discourse with the Pharisees and the rest of the Jews, Jesus does not only claim to have preceded Abraham, but also takes on the name; I AM (Williams, 2010, 27). In Mark 2:1, 2 and 10, before healing a paralytic, Jesus speaks of having forgiven the young man’s sins. The Scribes and those gathered there charged (rightly) in their hearts that only God had the power to forgive sins. To validate His claim of having the power to forgive sins, Jesus heals the paralytic. The crux of the matter herein is that while it is easy for any one to claim to have the power to forgive sins, He healed the paralytic as proof to His ability to forgive sins. Logically, a man’s words just before his death are usually taken seriously, especially when the actor or speaker is aware that he is on the brink of death. At this instance, an individual weighs his words and deeds carefully because of the knowledge of the irreversible nature of death and the eternal state that

Benefits of Integrating Fossil and Molecular Data Essay - 6

Benefits of Integrating Fossil and Molecular Data - Essay Example As explained by Neil Shubin, the occurrence of hiccups is as a result of the brain generating some electrical signals. Amphibian brains generate similar hiccups because they helped them to maintain a steady opening of their gills. Since we are products of evolution, our brains still generate similar hiccups. Recent research indicates that the level of obesity incidences is on the rise. This is as a result of the change in lifestyles and eating habits among individuals. On a closer look, Neil Shubin claims that the genes of our bodies were made to adapt to the rather active life of hunting and gathering as opposed to the relaxed modern living. Moreover, Shubin states that the evolution of the voice box has left many people vulnerable to breathing and swallowing problems. This is an indication that cells of living organisms are not fully adapted to their environment hence they are still evolving. In the analysis of the molecular structures, Shubin found out that somebody parts resemble d those of the early life forms. For example, the fins of early amphibians showed the clear resemblance to those of the human hands. Also, a fossil of a fish’s back-born indicated a resemblance to that of a human being. Neil Shubin further explained that our body cells function like bacteria and also our heads are organized in a similar manner to those of the jawless fish. This is a clear indication that human beings actually evolved from fish. Using the integration of fossil and molecular data, Shubin has been able to criticize the religious beliefs of the existence of a supreme being. Due to evolution, about 300 genes designed for the smell in human beings has been rendered useless. This prompted him to question the idea of the perfection of a Supreme Being claiming that if God is in existence, why would he create about 300 useless genes? Therefore, in the book ‘Your inner fish’,

Dyscalculia Essay Example | Topics and Well Written Essays - 750 words

Dyscalculia - Essay Example Some researchers declared that it is a biological trouble related to brain, some believe that emotional problems are contributing to this disorder; some psychologists declared it, a result of overall low intelligence of children and some say mathematical anxiety is causing this problem. Hence there are a lot of views regarding dyscalculia. A lot of researches have been made to identify the reason causing dyscalculia, yet it is not clear what actually is making it difficult for the children to understand mathematics. Whatsoever is causing dyscalculia; the methods to resolve this problem must be defined and implemented in schools for such children. A person needs to identify whether the problem exists or not before solving it. The first step in helping such children is to examine if the child is having dyscalculia or is it just because of lack of attention and interest. Three methods are defined to diagnose dyscalculia. However one out of those three techniques is considered effective. Two of them evaluate the tendency of a child of solving mathematical problems. These techniques diagnose dyscalculia by considering the errors made by the child and the time taken by the child to solve basic mathematical sums. While solving mathematical problems, a child may be influenced by the environment and other changes. The techniques to diagnose dyscalculia must not be a normal mathematics test as a child may be weak mentally i.e. he may have low aptitude level. The child may be distracted due to some other activity and errors may occur due to some misunderstanding and less power to learn and fathom questions easily. Therefore, the most effective technique is considered to be 'The dyscalculia Screener', which is developed by Butterworth, 2003. This screener is designed to diagnose dyscalculia among the children between the ages of 6 to 14. There are certain mathematical skills that human beings adopt automatically from the nature. For example, a person may easily identify that a set of data contains a numeric value, 6 is less than 7 and counting (2 comes after 1). Dyscalculia is basically designed to carry out if the child is lacking inherent numerical knowledge. This software program is designed with three different groups. The first group is named as dot enumeration, second is called as number comparison and third is arithmetic achievement. The screener shows the weaknesses of a child in the natural human mathematics skills. If a child is performing at a low level in dot enumeration and number comparison and has medium performance in arithmetic then he has dyscalculia. In contrast, if he's perf orming at a high level in dot enumeration and number comparison but performing badly in arithmetic test, he's just bad at arithmetic know-how. Despite of the importance of this screener, it is not considered to be the most successful idea. The price offered to schools is higher than the budget of schools which rely on funds. On the other hand, some schools do not take note of its usefulness and hence despite of having enough finance they do not purchase this helpful and efficient tool. People having dyscalculia are also affected socially because we need

Financial management Essay Example for Free

Financial management Essay Q1. What are the goals of financial management? Ans. Financial management means maximization of economic welfare of its shareholders. Maximization of economic welfare means maximization of wealth of its shareholders. Shareholder’s wealth maximization is reflected in the market value of the firm’s shares. Experts believe that, the goal of financial management is attained when it maximizes the market value of shares. There are two versions of the goals of financial management of the firm- Profit Maximization and Wealth Maximization. Profit maximization Profit maximization is based on the cardinal rule of efficiency. Its goal is to maximize the returns with the best output and price levels. A firm’s performance is evaluated in terms of profitability. Profit maximization is the traditional and narrow approach, which aims at maximizing the profit of the concern. Allocation of resources and investor’s perception of the company’s performance can be traced to the goal of profit maximization. Wealth maximization The term wealth means shareholder’s wealth or the wealth of the persons those who are involved in the business concern. Wealth maximization is those who are involved in the business concern. Wealth maximization is also known as value maximization or net present worth maximization. This objective is an universally accepted concept in the field of business. Wealth maximization is possible only when the company pursues policies that would increase the market value of shares of the company. It has been accepted by the finance managers as it overcomes the limitations of profit maximization. The following arguments are in support of the superiority of wealth maximization over profit maximization: * Wealth maximization is based on the concept of cash flows. Cash flows are a reality and not based on any subjective interpretation. On the other hand, profit maximization is based on any subjective interpretation. On the other hand, profit maximization is based on accounting profit and it also contains many subjective elements. * Wealth maximization considers time value of money. Time value of money translates cash flow occurring at different periods into a comparable value at zero period. In this process, the quality of cash flow is considered critical in all decisions as it incorporates the risk associated with the cash flow stream. It finally crystallizes into the rate of return that will motivate investors to part with their hard earned savings. Maximizing the wealth of the shareholders means net present value of the decisions implemented. Q2. Explain the factors affecting Financial Plan. Ans. To help your organization succeed, you should develop a plan that needs to be followed. This applies to starting the company, developing new product, creating a new department or any undertaking that affects the company’s future. There are several factors that affect planning in an organization. To create an efficient plan, you need to understand the factors involved in the planning process. Organizational planning is affected by many factors: Priorities In most companies, the priority is generating revenue, and this priority can sometimes interfere with the planning process of any project. When you start the planning process for any project, you need to assign each of the issues facing the company a priority rating. That priority rating will determine what issues will sidetrack you from the planning of your project, and which issues can wait until the process is complete. Company Resources Having an idea and developing a plan for your company can help your company to grow and succeed, but if the company does not have the resources to make the plan come together, it can stall progress. One of the first steps to any planning process should be an evaluation of the resources necessary to complete the project, compared to the resources the company has available. Some of the resources to consider are finances, personnel, space requirements, access to materials and vendor relationships. Forecasting A company constantly should be forecasting to help prepare for changes in the marketplace. Forecasting sales revenues, materials costs, personnel costs and overhead costs can help a company plan for upcoming projects. Without accurate forecasting, it can be difficult to tell if the plan has any chance of success, if the company has the capabilities to pull off the plan and if the plan will help to strengthen the company’s standing within the industry. For example, if your forecasting for the cost of goods has changed due to a sudden increase in material costs, then that can affect elements of your product roll-out plan, including projected profit and the long-term commitment you might need to make to a supplier to try to get the lowest price possible. Contingency Planning To successfully plan, an organization needs to have a contingency plan in place. If the company has decided to pursue a new product line, there needs to be a part of the plan that addresses the possibility that the product line will fail. Q3. Explain the time value of money. Ans. Money has time value. A rupee today is more valuable than a year hence. It is on this concept â€Å"the time value of money† is based. The recognition of the time value of money and risk is extremely vital in financial decision making. Most financial decisions such as the purchase of assets or procurement of funds, affect the firm’s cash flows in different time periods. For example, if a fixed asset is purchased, it will require an immediate cash outlay and will generate cash flows during many future periods. Similarly if the firm borrows funds from a bank or from any other source, it receives cash and commits an obligation to pay interest and repay principal in future periods. The firm may also raise funds by issuing equity shares. The firm’s cash balance will increase at the time shares are issued, but as the firm pays dividends in future, the outflow of cash will occur. Sound decision-making requires that the cash flows which a firm is expected to give up over period should be logically comparable. In fact, the absolute cash flows which differ in timing and risk are not directly comparable. Cash flows become logically comparable when they are appropriately adjusted for their differences in timing and risk. The recognition of the time value of money and risk is extremely vital in financial decision-making. If the timing and risk of cash flows is not considered, the firm may make decisions which may allow it to miss its objective of maximizing the owner’s welfare. The welfare of owners would be maximized when Net Present Value is created from making a financial decision. It is thus, time value concept which is important for financial decisions. Thus, we conclude that time value of money is central to the concept of finance. It recognizes that the value of money is different at different points a of time. Since money can be put to productive use, its value is different depending upon when it is received or paid. In simpler terms, the value of a certain amount of money today is more valuable than its value tomorrow. It is not because of the uncertainty involved with time but purely on account of timing. The difference in the value of money today and tomorrow is referred as time value of money. Q6. What are the assumptions of MM approach? Ans. Modigliani Millar approach, popularly known as the MM approach is similar to the Net operating income approach. The MM approach favors the Net operating income approach and agrees with the fact that the cost of capital is independent of the degree of leverage and at any mix of debt-equity proportions. The significance of this MM approach is that it provides operational or behavioral justification for constant cost of capital at any degree of leverage. Whereas, the net operating income approach does not provide operational justification for independence of the companys cost of capital. Basic Propositions of MM approach: 1. At any degree of leverage, the companys overall cost of capital (ko) and the Value of the firm (V) remains constant. This means that it is independent of the capital structure. The total value can be obtained by capitalizing the operating earnings stream that is expected in future, discounted at an appropriate discount rate suitable for the risk undertaken. 2. The cost of capital (ke) equals the capitalization rate of a pure equity stream and a premium for financial risk. This is equal to the difference between the pure equity capitalization rate and ki times the debt-equity ratio. 3. The minimum cut-off rate for the purpose of capital investments is fully independent of the way in which a project is financed. Assumptions of MM approach: 1. Capital markets are perfect. 2. All investors have the same expectation of the companys net operating income for the purpose of evaluating the value of the firm. 3. Within similar operating environments, the business risk is equal among all firms. 4. 100% dividend payout ratio. 5. An assumption of no taxes was there earlier, which has been removed. Limitations of MM hypothesis: 1. Investors would find the personal leverage inconvenient. 2. The risk perception of corporate and personal leverage may be different. 3. Arbitrage process cannot be smooth due the institutional restrictions. 4. Arbitrage process would also be affected by the transaction costs. 5. The corporate leverage and personal leverage are not perfect substitutes. 6. Corporate taxes do exist. However, the assumption of no taxes has been removed later.