The Atomic Bomb Was It Nessesary Essay Example For Students

The Atomic Bomb: Was It Nessesary Essay August 6th, 1945, 70,0000 lives were ended in a matter of seconds. The United States had dropped an atomic bomb on the city of Hiroshima. Today many argue whether or not the U.S. should have taken such a drastic measure. Was it entirely necessary that we drop such a devastating weapon? To answer that first we must look at was going on in the world at the time of the conflict. The U.S. had been fighting a massive war since 1941. Moral was most likely low, and resources were at the same level as moral. Still both sides continued to fight and both were determined to win. Obviously the best thing that could have possibly happened would have been to bring the war to a quick end with a minimum of allied casualties. Harry Trumans decision to drop the atomic bomb was entirely warranted and was in the best interest of Americans and the world. Three factors should be considered to fully realize this. First, what would have happened should we have not dropped the bomb? Would WWII have ended shortly afterwards without nuclear arms-not likely. Secondly we must consider the Japanese peoples extreme dedication to their country and emperor, willing to give up their own lives without thinking to stop the enemy. Lastly the morality of nuclear bombing must be explored. We will write a custom essay on The Atomic Bomb: Was It Nessesary specifically for you for only $16.38 $13.9/page Order now While many may argue against the use of such a seemingly cruel form of attack was unnecessary, it is obvious that the atomic bomb was the only means to an end of WWII. What would have happened had the A-bomb not been used? The most obvious answer is that he war would have continued. U.S. forces therefore would have had to invade the home island of Japan. It is hard to imagine the number of additional casualties we would have incurred had a Japanese land war been necessary. Also, our forces would not only have to fend off the Japanese military, but they would also be defending themselves against the civilian peoples of Japan as well. Like the Vietnamese that would come years later, the Japanese government was equipping citizens with any kind of weapon available from guns and knives to spears. Also public support was strongly behind Truman and the allied forces. In the following quote taken from a radio address of the time Harry S. Truman explains what has happened and his motives behind the decision The world will note that the first atomic bomb was dropped on Hiroshima. We have won the race of discovery against the Germans. We have used it in order to shorten the agony of war in order to save the lives of thousands and thousands of young Americans. We shall continue to use it until we completely destroy Japans power to make war. This quote embodies the spirit of the American people of the time. The public was eager for a quick end to the war and American casualties. Also Truman threatens to utilize the A-bombs power again until we are victorious. In hindsight it is clear the correct decision was made. How can anyone be certain that Japan would have continued to fight? It is possible that they were preparing for surrender, no one can say for certain exactly what would have happened but by examining evidence of Japanese culture and warfare it is obvious that would not have been the case. At the time of WWII systematic and organized education made efficient brainwashing possible. In public schools, students were taught to die for the emperor. By late 1944, a slogan of Jusshi Reisho meaning, Sacrifice life, was taught. In addition to civilians dedication to their country, there was a group of military pilots called the Kamikaze. Kamikaze were suicide pilots. .u5e592ee9e87cb3db3535230d44382023 , .u5e592ee9e87cb3db3535230d44382023 .postImageUrl , .u5e592ee9e87cb3db3535230d44382023 .centered-text-area { min-height: 80px; position: relative; } .u5e592ee9e87cb3db3535230d44382023 , .u5e592ee9e87cb3db3535230d44382023:hover , .u5e592ee9e87cb3db3535230d44382023:visited , .u5e592ee9e87cb3db3535230d44382023:active { border:0!important; } .u5e592ee9e87cb3db3535230d44382023 .clearfix:after { content: ""; display: table; clear: both; } .u5e592ee9e87cb3db3535230d44382023 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u5e592ee9e87cb3db3535230d44382023:active , .u5e592ee9e87cb3db3535230d44382023:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u5e592ee9e87cb3db3535230d44382023 .centered-text-area { width: 100%; position: relative ; } .u5e592ee9e87cb3db3535230d44382023 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u5e592ee9e87cb3db3535230d44382023 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u5e592ee9e87cb3db3535230d44382023 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u5e592ee9e87cb3db3535230d44382023:hover .ctaButton { background-color: #34495E!important; } .u5e592ee9e87cb3db3535230d44382023 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u5e592ee9e87cb3db3535230d44382023 .u5e592ee9e87cb3db3535230d44382023-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u5e592ee9e87cb3db3535230d44382023:after { content: ""; display: block; clear: both; } READ: Reconstruction Essay They would load up an airplane and try to nose dive it into an enemy target. Think about what must be on that pilots mind. Imagine the undying love for his country. He would fight to the bitter end for his emperor. The most frightening part of this is that the entire Japanese military thought this way. The fact that the enemy is willing to die so long as you die with him is not something . The Atomic Bomb Was It Nessesary Essay Example For Students The Atomic Bomb: Was It Nessesary Essay August 6th, 1945, 70,0000 lives were ended in a matter of seconds. The United States had dropped an atomic bomb on the city of Hiroshima. Today many argue whether or not the U.S. should have taken such a drastic measure. Was it entirely necessary that we drop such a devastating weapon? To answer that first we must look at was going on in the world at the time of the conflict. The U.S. had been fighting a massive war since 1941. Moral was most likely low, and resources were at the same level as moral. Still both sides continued to fight and both were determined to win. Obviously the best thing that could have possibly happened would have been to bring the war to a quick end with a minimum of allied casualties. Harry Trumans decision to drop the atomic bomb was entirely warranted and was in the best interest of Americans and the world. Three factors should be considered to fully realize this. First, what would have happened should we have not dropped the bomb? Would WWII have ended shortly afterwards without nuclear arms-not likely. Secondly we must consider the Japanese peoples extreme dedication to their country and emperor, willing to give up their own lives without thinking to stop the enemy. Lastly the morality of nuclear bombing must be explored. We will write a custom essay on The Atomic Bomb: Was It Nessesary specifically for you for only $16.38 $13.9/page Order now While many may argue against the use of such a seemingly cruel form of attack was unnecessary, it is obvious that the atomic bomb was the only means to an end of WWII. What would have happened had the A-bomb not been used? The most obvious answer is that he war would have continued. U.S. forces therefore would have had to invade the home island of Japan. It is hard to imagine the number of additional casualties we would have incurred had a Japanese land war been necessary. Also, our forces would not only have to fend off the Japanese military, but they would also be defending themselves against the civilian peoples of Japan as well. Like the Vietnamese that would come years later, the Japanese government was equipping citizens with any kind of weapon available from guns and knives to spears. Also public support was strongly behind Truman and the allied forces. In the following quote taken from a radio address of the time Harry S. Truman explains what has happened and his motives behind the decision The world will note that the first atomic bomb was dropped on Hiroshima. We have won the race of discovery against the Germans. We have used it in order to shorten the agony of war in order to save the lives of thousands and thousands of young Americans. We shall continue to use it until we completely destroy Japans power to make war. This quote embodies the spirit of the American people of the time. The public was eager for a quick end to the war and American casualties. Also Truman threatens to utilize the A-bombs power again until we are victorious. In hindsight it is clear the correct decision was made. How can anyone be certain that Japan would have continued to fight? It is possible that they were preparing for surrender, no one can say for certain exactly what would have happened but by examining evidence of Japanese culture and warfare it is obvious that would not have been the case. At the time of WWII systematic and organized education made efficient brainwashing possible. In public schools, students were taught to die for the emperor. By late 1944, a slogan of Jusshi Reisho meaning, Sacrifice life, was taught. In addition to civilians dedication to their country, there was a group of military pilots called the Kamikaze. Kamikaze were suicide pilots. .u1f2e342666cd31a3c70bc114d6d9b410 , .u1f2e342666cd31a3c70bc114d6d9b410 .postImageUrl , .u1f2e342666cd31a3c70bc114d6d9b410 .centered-text-area { min-height: 80px; position: relative; } .u1f2e342666cd31a3c70bc114d6d9b410 , .u1f2e342666cd31a3c70bc114d6d9b410:hover , .u1f2e342666cd31a3c70bc114d6d9b410:visited , .u1f2e342666cd31a3c70bc114d6d9b410:active { border:0!important; } .u1f2e342666cd31a3c70bc114d6d9b410 .clearfix:after { content: ""; display: table; clear: both; } .u1f2e342666cd31a3c70bc114d6d9b410 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u1f2e342666cd31a3c70bc114d6d9b410:active , .u1f2e342666cd31a3c70bc114d6d9b410:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1f2e342666cd31a3c70bc114d6d9b410 .centered-text-area { width: 100%; position: relative ; } .u1f2e342666cd31a3c70bc114d6d9b410 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1f2e342666cd31a3c70bc114d6d9b410 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1f2e342666cd31a3c70bc114d6d9b410 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u1f2e342666cd31a3c70bc114d6d9b410:hover .ctaButton { background-color: #34495E!important; } .u1f2e342666cd31a3c70bc114d6d9b410 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1f2e342666cd31a3c70bc114d6d9b410 .u1f2e342666cd31a3c70bc114d6d9b410-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1f2e342666cd31a3c70bc114d6d9b410:after { content: ""; display: block; clear: both; } READ: My Experience With Writing Class Essay They would load up an airplane and try to nose dive it into an enemy target. Think about what must be on that pilots mind. Imagine the undying love for his country. He would fight to the bitter end for his emperor. The most frightening part of this is that the entire Japanese military thought this way. The fact that the enemy is willing to die so long as you die with him is not something .

Bmw’s Dream Factory Culture Essays

Bmw’s Dream Factory Culture Essays Bmw’s Dream Factory Culture Essay Bmw’s Dream Factory Culture Essay Title: BMW’s Dream Factory Culture Course: Leadership and Organizational Behavior According to studies, the new workers in a company sharpen and adjust to the culture in an easy and quick manner. This happens as the employees working in an organization have the feeling of team working in a manner of family (Lawton, n. d). BMW has this type of working culture, which can be pronounced as an entrepreneurial work culture. Another instance that helps in knowing that BMW has an entrepreneurial culture is from the fact that, workers joining the organization have the feeling of their own place in the team. They have a clear idea of the mission that has to be accomplished. This can be attained only if the employees in the organization work at the same level and understand each other. Thus, work culture that has been developed in a company allows and makes sure the employees work side by side and not in an extra professional hierarchy’s manner (BMW’s dream factory and culture, 2005). These are all the factors that together give surety that BMW has an entrepreneurial culture of work. Creating an entrepreneurial work culture includes various factors to be considered. These are treating people with respect, employee’s health, and open doors for communication and maintaining camaraderie (Murray, Poole and Jones, 2006). The case clearly states that the staff in an organization if work side by side, can bring in the quality of open door communication in an organization. The company offers best salaries to the employees along with health benefits that make sure of employees motivation being always high at the work. The case also narrates that every move that is decided in the company, is the result of organization’s informal networks that are formed in the company, along with many number of brain storming sessions. This states that employees in the organization have respect to each other while discussing ideas that are generated in their mind (BMW’s dream factory and culture, 2005). From the above discussion, it is also clear that the employees are given with the sense of being associates rather than just employees. No member of the staff is seen from the perspective of cost, but an essential factor for the company’s successful performance. The company also believes in maintaining trust with and over the employees. Thus, it is clear that BMW has associate leadership model (Sense of Purpose, n. d). This type of leadership management followed in the company helps in maintaining cordial relationship and collaboration between the management and work force of the company. The associates in the organization are realized about the responsibility that has to be shared by all, along with other qualities such as flexibility and self-organization. The main motive of the company is to maintain culture of trust that promotes cooperation and responsibility (Murray, Poole and Jones, 2006). This type of model of leadership which is followed by the company makes sure that employees themselves start believing in high performance and create flexibility in their way of working. This strategy helps in striking balance between the interest of employees and employers. BMW, at the same time, has the best payment packages in the market that makes the factor of management of labor quiet necessary which is possible with the help of this leadership model only. Associate leadership model is one of the most effective models for management of expensive labor (BMW’s dream factory and culture, 2005). BMW has made it sure that free communication takes place in the company that allows movement of idea from one place to another that further takes places of brain storming. This ensures that there are best ideas selected in the company and best cars are made in company. Employees are considered as a family and part of the company thereby making them realize their importance to the company that is shared by them (Armstrong, 2003). The case mentions that after the usage of these techniques in the company, there has been noticed around thirty-five percent of increase in the productivity and the turnover was measured about 90 percent in all the divisions that used this program. The job satisfaction in these branches also rose to ten percent. In addition, the team scores rose to 13 percent (BMW’s dream factory and culture, 2005). The company is a strict believer of creativity, which can be judged from the fact of brain storming sessions which takes place in the company before taking any decision for the company. This is one of the factors that help in bringing the feeling of cooperation among the employees further helping in building better team. On the other hand, the company also follows open door communication which clearly states that there is a free passage for ideas within the organization. This proves the efficiency that that company can attain in the near future. The mentioned two factors help organizations in not only taking decisions, but also generate voluntary idea, where number of employees come to a point with excellent monetarily and creative uccessful solution for the organization, to face the market problems (Sharing the wealth, listening to even the lowest-ranking workers, and rewarding risk have paid off big time, 2006). BMW also gives its employees a flexibility regarding the time of work and way to keep follow-ups with the task given to them. Hence, the employees feel it easy to express their individuality by the ideas, workspaces and dresses that lets the unique attribu tes show. The company believes in recognizing that, everyone has different qualities and these differences spark new ideas to emerge. The work culture and environment in the company emphasizes mainly on the communication factor between the employees themselves and with the management as well. The company builds the working place in such a way that, there is an optimum level of communication done within the line managers and best cars are produced in the market. The employees have the sense of freedom due to flexibility given to them at the work place, as they are free to work anywhere in the company at any time until the job gets completed successfully (BMW’s dream factory and culture, 2005). References BMW’s dream factory and culture (2005). Organizational Behavior. Cengage Learning: US. Pp. 522. Geoff Armstrong. (2003). BMW Group Plant Oxford’s. ICMRINDIA. retrieved on November 1 2009 from icmrindia. org/casestudies/catalogue/Operations/BMW%20Group%20Plant%20Oxford-New%20Oxford%20Way-NOW%20Program. htm Jennifer Lawton (n. d) Creating an Entrepreneurial Culture. Entrepreneurship. retrieved on October 31 2009 from entrepreneurship. org/creating-an-entrepreneurial-culture. html Peter Murray, David Poole, Grant Jones. 2006). Contemporary issues in management and organizational behavior. Thomson Learning Nelson:US. Pp. 395-396. Sense of Purpose. (n. d) Pursuing common goals. BMW. retrieved on October 31 2009 from bmw. co. za/products/automobiles/bmw_insights/sense. asp Sharing the wealth, listening to even the lowest-ranking workers, and rewarding risk have paid off big time. (2006). BMWs Dream Factory. BusinessWeek. Retrieved on October 31 2009 from busine ssweek. com/magazine/content/06_42/b4005072. htm? chan=innovati

Business Combinations Essay Example | Topics and Well Written Essays - 500 words

Business Combinations - Essay Example According to the FASB's website, this project is being deliberated due to the fact that the guidance provided in Statement 141 is believed to be inadequate or inconsistent with the conceptual framework. Therefore, the focus of this project is the issue of the existing guidance for applying the acquisition method. The primary objective of the project is to create a standard of accounting for business combinations that can be used for both domestic and global financial reporting. The goal is to establish a standard that encompasses a common set of principles and guidance that yields information useful for decision-making. Furthermore, the Boards believe a standard should improve the usability of financial information in regard to business combinations by explaining which assets and liabilities are to be recognized, by requiring that the assets obtained and the liabilities taken on are measured consistently and relevantly, and by ensuring that like events are comparably accounted for vi a a clearly defined scope of the standard. The Boards also made an assertion regarding the responsibilities of an acquirer once control of an acquiree is obtained. In addition, the recognition principle, fair value measurement principle, and disclosure principle were confirmed as the main principles for applying the acquisition method. b.

Answer the questions Essay Example | Topics and Well Written Essays - 1000 words

Answer the questions - Essay Example Operations managers make use of appropriate operations strategies to deal with the overall business strategy designed by the top management of a company. â€Å"Operational strategy begins with defining your business in terms of the present opportunity in relation to the customer and product of the business† (Wasmund 2006). The management of operational activities, which accepts inputs in order to delivers usable outputs, is called operations management (Sankaranrayanan 2011). Operations management incorporates the use of both operational efficiency and operational strategy to manage the business operations. Operational efficiency is related to the completion of tasks in an appropriate manner whereas operational strategy is the set of plans, which are developed to achieve competitive advantage in the market. A key point regarding operations strategy is that it is developed after development of the business strategy to establish a right path, which includes a sequence of decisio ns that makes a business achieve all goals and objectives effectively and efficiently. The operational activities included in the operations strategy play role of the competitive weapons, which can be used to achieve competitive advantage in the market. ... Workplace analysis refers to the evaluation of business operations and the physical environment of a workplace. Managers can analyze the workplace by identifying all sorts of risks and hazards associated with the overall workplace environment of a company. Workplace analysis provide many benefits to a company, such as, prevention of workplace accidents and employee injuries, identification of risks and steps for the elimination of those risks, creation of a safe workplace environment, and installation of safety mechanisms in the workplace. Workplace analysis is a step-based procedure, which involves four different stages. In the first stage, the management reviews the previous injury and hazard records related to the workplace. The review makes the management know the basic aspects of the workplace related accidents, which include nature of the injuries, workplace equipment, and the time at which the accidents took place. Next step is to use the reviews to identify all possible hazar ds and risks. After identification of hazards, the management evaluates the workplace equipment, employee behaviors, and workstations to know the causes of the accidents. In the last step, the management identifies all possible ways to eliminate, contain, or reduce the occurrence of workplace hazards. Devil is in the detail refers to the concept of identifying hidden elements which can cause some specific incident. â€Å"In one sense, one might say â€Å"the devil's in the details† to refer to very small but ultimately important components of a larger task† (Smith 2011). This phrase is used to explain small details of a large incident. In workplace settings, this concept is used to identify the reasons behind any specific workplace incident. Explain How Demands

Coach Incorporated Security Analysis Paper Essay Example for Free

Coach Incorporated Security Analysis Paper Essay Abstract Coach Incorporated is a company established in 1941in Manhattan. Coach is in the fashion industry and this accessories manufacturer is one of the best known brands in North America. Coach was bought out by the Sara Lee Corporation in 1985 and started being publicly traded in 2000 on the New York Stock Exchange. Coach Incorporated prides it selves off of being one of the most dependable, unique, desirable, and fashionable brands in their industry. Coach has a disadvantage with its competition, being the only one publicly traded. It does not have access to the others financial records. Coach Incorporated likes to stick to tradition, whether it is in their designs or their Executive officers. Coach has a very diverse and experienced Executive team. Coach also just started a litigation campaign in 2009 called â€Å"Operation turnlock† to try and help with the counterfeit problem. They were recently award a large sum of money from one of the lawsuits the campaign filled for online counterfeit merchandise. Coach recently just gave $2 million to the Hurricane Sandy Relief Fund to help rebuild the community where Coach got its own start. Coach’s financial records are in order and are continuing to grow steadily even through the rough economy. Coach Incorporated (Coach) is a company that designs and manufactures leather goods as well as other accessories. It was founded in a Manhattan loft in 1941 as a family-run workshop. This family used skill passed down from each generation to create a unique style that became quite desirable to consumers. (Coach est. 1941, 2010) In 1985 Coach was purchased by Sara Lee Corporation. Also, in 2000, Coach as Incorporated in the state of Maryland and listed on the New York Stock Exchange for approximately 68 million shares. Their mission statement is â€Å"Coach seeks to be the leading brand of quality lifestyle accessories offering classic, modern American styling.† In today’s world, Coach is large company that still retains high standards and craftsmanship for their leather goods. They manufacture items such as purses, suit cases, wallets, watches, accessories, shoes, jewelry, sunglasses and etc. Some of these items are manufactured through their licensing partners. Such as Estee Lauder Companies Incorporated is Coach’s fragrance licensing partner. (Reuters: Profile, coach, 2012) The Coach brand has ‘established a signature style and distinctive identity’ (Coach Est. 1941, 2010) that almost everyone can recognize, which is why their prices reflect more of the name than the quality of the items. Coach is in the fashion industry and enough people are willing to pay for the name brand of Coach to keep them in business and to keep the prices high. The market the Coach is in is the fashion market, and their customers are middle to upper class men and women. Because their prices are high the market for their items has to be to a household that has extra money to spend and even though they sell mostly women related items they do sell men’s’ as well. Their competition includes Louis Vuitton, Fendi, Gucci Incorperated, Dooney and Bourke Incorporated, Katie Spade LLC, and Michael Kors Incorporated which are all privately owned companies. (Yahoo finance, 2012) Coach operates in two different ways, direct to customers and indirect. Indirect is where Coach sells their products to other retail stores and direct to customers is selling out of their own stores. Coach has over 500 stores in the United States and Canada as of June 30, 2012. They also have over 300 locations in Japan, China, Singapore and Taiwan. They have recently acquired new locations in Malaysia and South Korea in July and August. (Coach est. 1941, 2010) Coach not only has their own retail stores, but also sells their merchandise through department stores and specialty retailer locations. With these locations, Coach is also present in Europe, Asia, and Latin America. As of 1999 Coach launched their first on-line store available to customers in the United States, Canada, and Japan. They also have informational websites in twenty other countries. In the future, Coach plans to increase international distribution and target international consumers, especially in Asia. They also plan on staying one of the most popular name brand accessory companies in North America. (Coach est. 1941, 2010) Coach also has very high standards for their brand. Coach states that â€Å"The Coach brand represents a unique synthesis of magic and logic that stands for quality, authenticity, value and a truly aspirational, distinctive American style.† (Coach est. 1941, 2010) They hold accountability to their customers. They also guarantee great service and that their customers’ needs are always met. Coach seeks long term relationships with all their costumers by treating them this way. This is one reason Coach is still around and doing well as a company even with their high prices. They are dedicated to their honesty, trust, satisfaction, and fairness to their consumers, business, and community. They strive to increase consumer and shareholder value. (Coach est. 1941, 2010) They have a small number of executive officers with only seven. First on the list is Lew Frankfort the Chairman and Chief Executive Officer. Mr. Frankfort joined the Coach company is 1979 as Vice President of New Business Development. Mr. Frankfort has appointed President of Coach in 1985 and named Chairman and CEO in 1995. When Mr. Frankfort started at Coach, Coach’s sales were about $6 million. Today Coach’s sales are $4.8 billion. He has seen many changes with this company, such as seeing it go to a publicly traded company on the New York Stock Exchange in 2000. Before joining Coach, Mr. Frankfort held positions in the public sector in New York City. He holds a Bachelor of Arts degree from Hunter College, and a MBA in Marketing from Columbia University. He also holds a spot on the Board of Overseers of Columbia’s Business School. Mr. Frankfort was recognized by Barron’s from 2005-2008 as one of 30 â€Å"Most Respected CEO’s† globally. (Coach est. 1941, 2010) Having someone that has been in the same company for 33 years now running it, says wonders about Coach. Coach is a brand that sticks to what it knows and does not change something that is working for them. Just like their products, Coach’s president is what they seek in their mission of keeping everything classic. Next, is Reed Krakoff, the President, Executive Creative Director of Coach and has been employed at Coach since December 1996. He was initially hired as the Vice President and Executive Creative Director, but advanced to his current position just two and a half years later. Mr. Krakoff has a degree in Fashion Design from Parsons School of Design. Prior to Coach, Mr. Krakoff held various positions at Anne Klein, Ralph Lauren and other design houses. In 2007 Mr. Krakoff was elected vice president of the Council of Fashion Designers of America, and in 2001and 2004 he was awarded the honor of Accessories Designer of the Year. To this day Mr. Krakoff styles and photographs the campaigns for Coach. (Coach est. 1941, 2010) Having a man like Reed Krakoff on the Coach team ensures that they will have some of the most elegant designs in the industry today. His ability to create pieces that Coach would gladly put their name on ensures him a long career at Coach. Following is Jerry Stritzke, the President and Chief Operating Officer as of March 2008. Prior to Coach he joined Best, Sharp, Sheridan, Shritzke in 1985 as a partner. In 1992 he practiced law at Stritzke Law Office. From 1993 to 1999 Mr. Stritzke was a consultant for Webb and Shirley. Lastly, Mr. Stritzke held several senior executive positions within limited Brand Incorporation, from 1999 to 2007. Jerry Stritzke has a Bachelors of Science from Oklahoma State University and a Juris Doctor from the University of Oklahoma. (Coach est. 1941, 2010) Next is Michael Tucci the President, Retail Division in North America. Mr. Tucci joined Coach in 2003 with over twenty years of experience. Before Coach, he was the Executive Vice President of Gap Incorporated and held various senior leadership positions from 1994-2002. Michael Tucci also held executive positions at R.H. Mary Corporations from 1982-1992. Mr. Tucci has a Bachelors of Arts in English from Trinity College. (Coach est. 1941, 2010) Next, is Todd Kahn the Executive Vice President, General Counsel and Secretary since he joined Coach in 2008. Prior to joining Coach Todd Kahn held multiple positions for Calypso Christian Celle, Sean John, Accessory Network, InternetCash Corporation, Salant Corporation, Fried, Frank, Harris, Shriver, and Jacobson. Mr. Todd has a Bachelors of Science from Touro College and a Juris Doctor from Boston University Law School. He also serves on the board of Directors of the Fashion Institute of Technology Educational Foundation the Fashion Delivers \Charitable Foundation Incorporated, and the National Father’s Day Committee. (Coach est. 1941, 2010) Next is Sarah Dunn the Executive Vice President, Human Recourses since 2008. Previously Ms. Dunn held several executive positions with Thomson Financial, including Executive Vice President, Human Resources and Organizational Development. Ms. Dunn is also a consulting Advisory Board member of Youth, I.N.C. She also has a Bachelors of Science Degree in Human Sciences from University College, London, U.K. and a Masters Degree in Information Science from City University, London. (Coach est. 1941, 2010) Lastly, we have Jane Nielsen the executive Vice President and Chief Financial Officer since 2011. Jane Nielsen joined Coach after working at PepsiCo, Incorporated and the Global Nutrition Group as their Senior Vice President and Chief Financial Officer since 2009. Prior to this Ms. Nielsen held senior positions in a financial role with PepsiCo, Incorporated, and Pepsi Bottling Group from 1996-2009. From 1990-1996 Ms. Nielsen worked for Marakon Associates and from 1986-1990 she worked at Credit Suisse First Boston. Ms. Nielsen has a BA in Economics from Smith College and an M.B.A. from Harvard Business School. (Coach est. 1941, 2010) Coach has recently been awarded $257 million in a lawsuit against counterfeit Coach merchandise. Coach obtained a default judgment in Illinois Federal Court against individuals and businesses that operate websites selling counterfeit Coach merchandise. The judgment granted Coach 573 internet domain names from which the counterfeit merchandise was sold from. Coach started a litigation campaign called â€Å"Operation Turnlock† in May 2009. Since then, Coach has filed lawsuits to stop counterfeit items from being sold. From these lawsuits, Coach has gain a significant amount of monetary value from them. (Chaudhuri , 2012) Coach also just donated $2 million to the Hurricane Sandy relief efforts. The gift was made to the Red Cross Disaster Relief Fund for rebuilding efforts in the Tri-State area. Coach as also made its employee matching program available, so however much its employees contribute to the American Red Cross Disaster Relief Fund or to other qualified funds, Coach will match the donation Lew Frankfort made a public address saying â€Å"Our hearts go out to the countless number of people affected by the storm.† Since Coach was established in Manhattan, they feel they need to help rebuild their community where they started. (Coach est. 1941, 2010) In 2011 Coach’s Inventory broke down to 63% handbags, 27% accessories, and 10% all other products. This is just a little change from the previous year, where the only difference is 1% moved from accessories to all other products. Currently Coach pays quarterly cash dividends of $0.225 per share. Coach’s cash flow statement shows Net Income for 2011 to be $880,800,000 and the net cash flows provided by operating activities in 2011to be $1,033,271,000. Also, the cash flow statement shows the net cash used in investing activities to be -$59,631,000 and the net cash used in financing activities to be -$875,126,000 in 2011. For the Cash and cash equivalents at end of year 2011 were $699,782,000 with the cash paid for income taxes for 2011 to be $364,493,000 and cash paid for interest for 2011 to be $1,233,000. Lastly, the cash flow statement has for 2011 is the noncash investing activity-property and equipment obligations to be $23,173,000 and $0 for the noncash financing ac tivity-mortgage debt assumed.(http://www.annualreports.com/company/2246 , 2011) Coach just reported its first quarter earnings per share in 2012 to be $0.77. Compared to the previous year, same quarter, the earnings per shares was $0.73. Their sales reported for 2012 first quarter, which ended September 29, 2012, was $1.16 billion. Compared to the previous year where Coach’s sales for the same quarter was only $1.05 billion. This is an 11% increase in sales in just one year. Coach also announced that its Board of Directors has just authorized the repurchase of up to $1.5 billion of its outstanding common stock by June 30,2015. This will make Coach’s earnings per share increase since there will be less outstanding stock. Since we now know the earning per share for Coach we can calculate the price earnings ratio. Coach’s current stock price $57.87. So, Coach’s price earnings ratio is 75.156. (Coach est. 1941, 2010) Stockholder’s equity is total assets minus total liabilities. For Coach, in 2011 the total assets are $2,635,116,000 and the total liabilities are $1,022,547,000. So, the total stockholder’s equity for the year ended July 2, 2011 is $1,612,569,000. For the total liabilities of Coach being $1,022,547,000 only $593,017,000 are current liabilities. Of the current liabilities $118,612,000 is accounts payable, $473,610,000 is accrued liabilities, and $795,000 is current portion of the long term debt. As for the rest of the liabilities $23,360,000 is long term debt and $406,170,000 is other liabilities. (Coach est. 1941, 2010) These numbers first mean that Coach is a continuously growing company that would be labeled at a value company. Which means it doesn’t grow fast, but instead it grows consistently. Also, since its assets and equities make up the majority of Coach’s finances the company appears to be in good standings. Coach is a company that has been around for over 70 years and has been traded publicly for 12 years now, and it seems to have all its finances in order and look like what you would expect for a high-end retail company. There is a bright future for Coach with its experienced executives leading the company to expand its market and try to bet out the competition. The volatility of Coach stock price is reasonable. Obviously people are willing to pay for Coach products even through hard times. Coach’s stock price continues to go up and from past records it has always steadily increased. Coach has a rich history and has been around for a long time so I do not see it crashing anytime in the near future, so I would say the stock price is valid and a good steady long term investment. References Coach est. 1941. (2010, February 3). Retrieved from http://www.coach.com/online/handbags/Home-10551-10051-en?isCollapse=true Reuters: Profile, coach inc.. (2012). Retrieved from http://www.reuters.com/finance/stocks/companyProfile?symbol=COH Yahoo finance. (2012). Retrieved from http://finance.yahoo.com/q/co?s=COH Competitors Chaudhuri , S. (2012, November 02). Coach gets $257 million, 573 domain names in counterfeiting lawsuits. Dow Jones Newswires. Retrieved from http://www.foxbusiness.com/news/2012/11/02/coach-gets-257-million-573-domain-names-in-counterfeiting-lawsuit/ http://www.annualreports.com/company/2246. (2011).

Environmental Impact of Fossil Fuels Essay -- Environment Pollution Es

Environmental Impact of Fossil Fuels Fossil fuels cause pollution, smog, and the greenhouse effect. Fossil fuels really do negatively impact our environment, especially when it comes to global warming, Although there is controversy over whether or not fossil fuels are causing the planet to warm, or whether it is warming naturally, there is significant research that supports the former hypothesis. When fossil fuels are burned, they emit different levels of carbon dioxide. The burning of fossil fuels has increased the amount of carbon dioxide in the atmosphere by a staggering twenty- five percent. It has also been implied that fossil fuels are associated with increased levels of nitrous oxide and methane, although they are not the main sources of these gasses. Carbon dioxide is a gas that traps heat in our atmosphere, and helps keep the planet at livable temperature. However, climatologists are now predicting that if the levels of carbon dioxide continue to increase, the temperature will rise and a number of different impacts can or will occur (Union). Among the many possible impacts of global warming, are more extreme weather events, rising sea levels, and the melting of glaciers. However, while researching, I stumbled upon a site that showed possible impacts, and where they would be most likely to occur. The key to the map had two different categories, â€Å"Harbingers†, and â€Å"Fingerprints†. Harbingers are â€Å"events that fores...

The Boarding House

The Boarding House is included in Dubliners, a collection of fifteen short stories by the Irish poet and novelist James Joyce, which was first published in 1914. This story of a boarding house, like the other stories in Dubliners, describes the lives of ordinary citizens of Dublin and illustrates their various qualities. There are three main characters – Mrs. Mooney, her daughter Polly and Mr. Doran. At the very beginning the author describes Mrs. Mooney, who relinquished a family traditional business – the butchery, and set up a boarding house in Hardwicke Street. There is no reference to many of her outward appearances, the author probably thinks it is not important and he leaves the picture of Mrs. Mooney to the reader's imagination. However, he is very accurate in the description of her life and personality. He treats her as a courageous, strong, self-confident and imposing woman who dismissed her aggressive and worthless husband (she got a separation from him with care of the children). All the resident young men spoke of her as The Madam. In the present emancipated world, where women are practically independent, equal to men, having their own businesses, it would be nothing unusual for a woman like that. However, the character of Mrs. Mooney was likely quite anomalous at the beginning of the twentieth century, when the story was published. It was men who greatly dominated, earned money, led businesses, while women took care of household and brought up children. Besides, divorces used to be followed just exceptionally. Despite of this, Mrs. Mooney is not faultless. She can be cunning and intriguing and she has much trouble with her two incorrigible offsprings, who are described in detail in the following paragraphs. Jack Mooney, the Madam's son, who was clerk to a commission agent in Fleet Street, had the reputation of being a hard case. He was fond of using soldiers' obscenities; usually he came home in the small hours. Mrs. Mooney's other child is her daughter, Polly. Polly was a slim girl of nineteen; she had light soft hair and a small full mouth. Her eyes, which were grey with a shade of green through them, had a habit of glancing upwards when she spoke with anyone, which made her look ike a little perverse madonna. Mrs. Mooney had first sent her daughter to be a typist in a corn-factor's office but, as a disreputable sheriff's man used to come every other day to the office, asking to be allowed to say a word to his daughter, she had taken her daughter home again and set her to do housework. It is apparent that Mrs. Mooney kept her daughter from meeting men. Unfortunately, she was not very successful, because Polly flirted with young men lodged in the boarding house. In her mother's opinion these romances were just waste of time, none of them meant business or benefits. Still one day she found that something was going on between Polly and one of the young men. She started spying on them quietly, pretending not to know anything. People in the house learnt of the affair too, so it could be a scandal. However, Mrs. Mooney still did not intervene. The story progressed on a bright Sunday morning in early summer. First of all, Mrs. Mooney interviewed Polly. Things were as she had suspected: she had been frank in her questions and Polly had been frank in her answers. Mrs. Mooney did not ask any more pointless questions. She had a great plan, according to religious rules: for every sin there must be made reparation. For her only one reparation could make up for the loss of her daughter's honour: marriage. If he married her daughter, Polly's future would be secured. She had a plenty of cogent arguments and she was sure that she would succeed that day. She knew quite a lot about Mr. Doran and his job: he had been working for thirteen years in a great Catholic wine-merchant's office and publicity of that affair would bring him the loss of his job. Then Polly visited Mr. Doran in his room, crying desperately. They retrospected the past, how they first met, how Polly cared for him, heated him food, how they used to spend the nights together. But Mr. Doran disregarded his relation to Polly. She was just a kind of entertainment for him. He disliked her thoughtless behaviour, her origin and the way of her speech. He was afraid what his family and his friends would think of her. The hysterical and intriguing Polly started to cry even more and threatened with committing suicide in case Mr. Doran left her. She was interrupted by a servant, Mary. She said that Mrs. Mooney would like to talk to Mr. Doran downstairs. He put on suitable clothes, let Mary cry on the bed and went to the Madam. On his way he met Jack Mooney and recollected the day when the violent Jack bawled at one London artiste threatening any fellow who would try that sort of a game on with his sister to put his teeth bloody well down his throat. Then we do not know what happened, there is no reference to Mrs. Mooney and Mr. Doran conversation. The following paragraphs describe just Polly's cry. And the last paragraphs of the story are quite clear: At last she heard her mother calling. She started to her feet and ran to the banisters. Polly! Polly! † â€Å"Yes, mamma? † â€Å"Come down, dear. Mr. Doran wants to speak to you. † Obviously, the scene must have continued, but nothing else is added, so the story is open-ended. The reader is probably supposed to believe that Mrs. Mooney's succeeded and forced Mr. Doran to marry Polly. Of course, there would be more options with a little imagination. Mr. Doran might have refused her suggestion, made a scene and left the boarding house. Even though, considering the conservative times and the country, Mrs. Mooney ultimately succeeded and Mr. Doran put up with marrying her daughter.