Analysis Of The Movie Sioux Falls - 1135 Words

When asked, most people could probably say what the scariest moment of their life was. Maybe it was the time they went skydiving, or maybe it was when they were almost hit by a car, but mine is when I had to drive in Sioux Falls for the first time. That seems silly, right? Driving isn’t scary. Maybe driving in itself isn’t scary, but driving in Sioux Falls definitely is. Sioux Falls is a ginormous city. The city is always bustling with cars and people trying to get to work, or an appointment, or who knows where else. I’d never thought of Sioux Falls as a scary place, until I started driving, and when I did, it was the scariest place I could imagine. I dreaded the thought of driving in Sioux Falls immensely, and the idea was like a nightmare. Sadly, my worst nightmare eventually came true. In the summer of 2013, my mother decided that I should take Drivers Ed. I was apprehensive at first because I hadn’t had much experience driving and I wasn’t quite comfortable with it yet. Nonetheless, I went to the classes and all was fine, until we had to drive in Sioux Falls. By that point, I had some experience driving and I was even fairly decent at it. However, I had never driven in Sioux Falls and I was anxious of hitting another car, turning when I wasn’t supposed to, or any number of situations that could go horribly wrong. That day, I dreaded going to Drivers Ed because I was absolutely terrified of driving in Sioux Falls. My mom dropped me off at the school, which was where I metShow MoreRelated Dances With Wolves Analysis Essays2123 Words   |  9 PagesWith Wolves Analysis The movie Dances With Wolves was produced in 1990 and directed by Kevin Costner who starred as the main character. Dances with Wolves tells us the story of a white man who gets acquainted with the Sioux, who learns to love and respect them as valuable people with a culture and who discovers how wrong white peoples preconceived ideas about Native Americans are. A sense of adventure and drama is the feeling Dances with Wolves gives us. With this movie, CostnerRead MoreAirheads Business Analysis Essay34215 Words   |  137 PagesStrategic Analysis Project Airheads Trampoline Arena 26th July 2012 Table of contents Executive Summary 7 EXTERNAL ANALYSIS Introduction 9 Family Entertainment Center Industry 9 Market Size 9 Sales Growth 10 Stages of Industry Life Cycle 11 Trend 12 Key Competitors 12 Pest Analysis 13 Exhibit 1: Factors of the PEST Analysis 14 Political and Legal Factors 14 Economic Factors 16

Essay Urban Planning - 1050 Words

In the twentieth century, the world witnessed significant changes and an increase in the citys population. Today more than half of global inhabitants live in cities or towns (Clarke, 1980), and most of the modern cities around the world have similar economic structure and social interests (Sassen, 2001). The observer to these cities will notice the common characteristics are much more than differences (Clark, 1996). Many recent studies recognize this phenomenon. One of the important studies that examines and analyses this phenomenon was carried out by Clark (1996). In his book Urban World / Global City, he presents an analytical comprehensive overview of the world as global city. He attributes this phenomenon to economic†¦show more content†¦As a result, many Europeans and North Americans moved to these cities carrying with them their trade knowledge, experience, innovations and technologies, but also their western values and ideas. Career opportunities provided by these companies and city life style lured people in rural areas to move to the city (Clark, 1996). The population growth and the new economic and industrial changes in these cities entails a momentous alteration to the existing built environment to acquire the next stage demands. In addition, there is a need for deregulation and the formation of regimes that facilitate the free circulation of capital, goods, informati on and services (Sassen, 1996). It is not surprising that the characteristics of these modifications are similar to the citys characteristics where these innovation and technologies originated and developed (Clarck, 1996). However, the new changes caused distraction in the traditional city structure, new western quarters take place along the traditional communities and social problems emerged (Isswai, 2001). Furthermore, the findings of Costa and Nobel study (1986) are consistent with Isawa findings. They emphasise that the rapid changes in the traditional Arabic cities and the changes in the population composition had a significant influence on the city form and social order. Blake and Lawless (1980) state that One ofShow MoreRelatedUrban Planning And The Urban Development1216 Words   |  5 PagesIntroduction Urban planning can be referred to as regional planning. It involves a scheme of expert, and political processes focused on the development of the natural environment into a built environment. Urban planning involves developing new land use patterns, good use of environmental resources such as water and construction of infrastructures such as buildings, roads, railways, ports and communication networks. 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In the context of urban planning in which there are various factors involved such as housing accessibility and affordability, sustainability, outside influence, transportation and other public services, equity can become even blurrier. Historically, urban planning came about as a way in which towns and cities could plan for natural disasters and naturally occurring events. One such example is the Netherlands inRead MoreUrban Planning Models1712 Words   |  7 Pagesthey are not feasible, and perpetuates a dogma about the effects of the built environment. Similar to urban planners of the past new urbanist believe in their own expertise. June Thomas writes about the failures of different urban planning models to include justice but still believes in their intentions and role in building the best community. Thomas (2005) writes, about the tenacity of urban planners. She states, in spite of false steps and inadequate tools, in spite of political turmoil andRead MoreUrban Planning Critical Issues On Urban Development951 Words   |  4 PagesReflection Assignment: Urban Planning Critical Issues A critical aspect of urban development concerns paying attention to effective planning and the frameworks that guide fashionable expansion of cities. One of the primary reasons to consider promoting the suitability of cities is the effects of the increased construction to the environment. There necessitate an understanding that upgrading of the town facilities promotes a sustainable existence. The current paper is a reflection assignment onRead MoreUrban Planning History Essay1662 Words   |  7 PagesThere have been many significant movements throughout urban planning history which have influenced the way that planning theory is shaped and thought. Combined Modernist and Neoliberal planning theories have influenced the erection of a vast amount of planning project that have left an imprint on the way that urban planning is practiced today. In this paper, I will begin by describing the components of modernist and neoliberal planning practices. Then, I will outline a brief history o f the projectRead MoreThe Increasing Need for Urban Planning952 Words   |  4 PagesIntroduction Quantitative urban studies are becoming increasingly important for planners knowing that in the year 2015 more than half the global population will be residing in cities [1]. Suitable urban planning ought to be a top priority for future development but unfortunately sound planning has not taken place especially in many African cities as heavy rural-urban migration continues to cause cities to expand at uncontrollable rates [2]. As a consequence, the urban population in Africa is increasingRead MoreThe Conceptual Design Phase Of Urban Planning Process Essay1544 Words   |  7 Pagesapproach into the conceptual design phase of urban planning process, to propose a Parameterized Conceptual Design Phase, which consists of three main stages: Analysis, Synthesis, and Evaluation. The developed associative algorithm within the proposed phase represents a computational approach that translates a site’s settings into local attractors for defining urban fabric and generating geometric va riations. These variations offer flexibilities to the urban fabric, and provide the designer with explorationsRead More Overcrowding and Urban Planning in Victorian London Essay2512 Words   |  11 Pagesto its population increase and the urban sprawl caused by influx of so many people. There were nearly 4 million inhabitants of the Great City at the height of the Victorian age. 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Rup vs Scrum Free Essays

Major differences between RUP and SCRUM Rup and Scrum both provide guidance on software development teams in an iterative way. An obvious difference among the aforementioned methodologies is that in RUP the first thing that the development team investigates is if the project worth investing. They estimate the costs, possible profits and define the Business Case, which is re-examined during projects lifecycle. We will write a custom essay sample on Rup vs Scrum or any similar topic only for you Order Now Scrum assumes that from the time the customer wants this product, then it should be done. It focus mostly on how to organize the development and achieve the best possible quality. We can still make an absolutely perfect product regarding its features, its internal quality and architecture, but if there is no room for it in the market it has no business value. Furthermore, it is pretty clear that Scrum is mainly focused on day-to-day tasks in contrast with RUP which approach the project as a whole from the beginning. Scrum uses a backlog where all the desirable features are gathered after several discussions and brainstorming with the Product Owner. This procedure happens before every Sprint and defines the next Spring backlog. Scrum is mostly concerned with team management and a little bit with requirements. Hence, there is no longterm project scope and estimations for project duration and costs are difficult. Scrum does not say much about releases or a project as a whole. Its main concern are the current and the next Sprints. On the other hand, RUP methodology has a clear formal definition of scope and major project deadlines are associated with specific dates. In RUP the project lifecycle is divided into 4 main phases. These are the Inception, elaboration, Construction and Transition phase. Requirements are pre-defined in contrast with Scrum, however they are called Vision. Despite the fact that the so called Vision, requests definition of requirements, RUP remains fully aware of their evolving nature and can adjust them anytime. Because all of the above statements, RUP’s documentation is heavy compared to Scrums. One more difference between the two methodologies is that project features are prioritized in Scrum according to Products Owner and Scrums team judgment. Ergo, the planning is mainly based in this prioritization. In contrast, iteration planning in RUP is also based on risk in addition to priority. Lastly, the formal profile of RUP make it suitable for really big projects which are tight on deadlines. On the other hand Scrum is more suitable for small and medium sized projects , although it can be applied on larger projects as well. The formalistic nature of RUP refers to the developers as â€Å"workers† in its manifesto. Scrums manifesto refers to them as team members and promotes a more team oriented environment. We could say that RUP is more bureaucratic and SCRUM is more democratic. How to cite Rup vs Scrum, Papers

Kid A by Radiohead free essay sample

I may not know the full details of my life or anything, but one thing’s definitely for sure: I’ve listened to one heck of a lot of music over the years. Pop. Rock. Rap. Hip-hop. Country. Electronica. Jazz. Classical, even. But out of all the albums I’ve listened to (and sometimes had to suffer through), not one of them has yet simultaneously perplexed and intrigued me as much as Radiohead’s fourth album, Kid A. OK, I won’t lie here: when I first listened to this album, I really didn’t like it. After I had gotten used to (and thoroughly enjoyed) both their earlier guitar-heavy post-grunge sound and their recent exercises in warm electronic rhythms, hearing this band that I had learned to love over the years take their music in a completely different direction really caught me off-guard. I had already been expecting something slightly different than the average Radiohead album (if one much use such terms), but this album took it so far out that I was completely overwhelmed. We will write a custom essay sample on Kid A by Radiohead or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page However, there was something in the album’s unorthodox textures that prompted me to give it a second listen, this time fully equipped with headphones, as I had first listened to it via portable speakers that I got for Christmas. After that, all my first impressions about this album completely fell away from me as my ears eagerly discovered a brand-new sound they simply never been able to achieve before. First off, the music itself. A complete far cry from other albums by the band, it fuses innovative electronic beats with murky voices and offbeat instrumentations that use just about every instrument in the book (and then some) to create a surreal, trippy atmosphere. In short, it’s like nothing you’ve ever heard before. While that may sound like (and is) something that’s completely off-limits for casual listeners (only the sad acoustic â€Å"How To Disappear Completely† vaguely winks at their earlier years), there’s a lot here to reward brave, thinking teens not afraid to plunge headfirst into unknown musical territory: the punchy â€Å"Idioteque†, the wistful â€Å"Everything In Its Right Place†, the dreamy title track, the (seemingly) desperate â€Å"Morning Bell†, the pounding â€Å"Optimistic†, the depressing closer â€Å"Motion Picture Soundtrack†. Then there’s the lyrics. Cryptic to the point where th ey make previous Radiohead releases seem about as simple as The Beatles’ shallow debut, they make absolutely no sense about half the time. When they do make sense, however, they range from gloomy (â€Å"I’m not here/this isn’t happening†), reflective (â€Å"You’re living in a fantasy†), extremely dark (â€Å"See you in the next life†) to just plain morbid (â€Å"Cut the kids in half†). Again, as all that may imply, this is most definitely not the album for those looking for something lighthearted and cheery to play in the car or to dance to at a friend’s party. However, that alone makes this album a marvel. By so starkly dividing itself from all of today’s boring, lifeless radio-friendly hits, Radiohead has truly created an artistic masterpiece that will be remembered through many years to come. After all, who says being different is a bad thing?

Berkshire Partners Bidding For Carter Essay Example

Berkshire Partners Bidding For Carter Paper Berkshire Partners, which h had extensive experience investing in the retail and manufacturing sectors, was initial ally drawn to o Carters because of the strong brand name night of the senior the co many had developed during d its 136 -year history y, as well ass for the street man augment team m. (See Exhibit 1 for a profile of Berkshire. ) TO o investigate the t option off a potential LOBO, Berkshire assembled d a five-member beer team, to b be led by managing directors Ross Joy ones and Bra Adele Bloom and senior associate Mice hall Occasion. (See Exhibit bit 2 for biographical sketches. The tea am would have eve less than eight weeks to o move thro ugh all the stages of a Goldman Cashled auction -?from initial research and due diligence to valuation and bid strategy. In addition to running the auction and thereby serve ins as Carters agent, Go Olden Caches (GAS) would d be offering g staple-on financing. Under this arrangement, the he winning b bidder would d have the pop option to final once the deal the wrought a prep packaged capital structure proposed by Goldman Cash. L Carters ca arties was of mounded in 18 865 in Amended, Massage hugest. Over the course o of 136 years in the highly y competitive apparel industry, the company became the largest branded d manufacturer Of toddler and baby apparel in thee United Estates and also a leading make Kerr of young ACH Aldens clothing. Divide ding its mark et into five segments-?Ia eyeteeth (i. E. , n newborn), baby sleepwear, baby play wear, young g childrens sleepwear, ND young childrens play. N. wear-?the com many sough HTH to outfit children for the first six yea ears of life, fro mom birth to buy In the early 199 ass, the company found itself struggling g. We will write a custom essay sample on Berkshire Partners Bidding For Carter specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Berkshire Partners Bidding For Carter specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Berkshire Partners Bidding For Carter specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Owned at the time by in insurance com many Mute al Benefit Life and Wesley y Capital Corp.. , Carters h had developed unprofitable blew product line ones in swimwear and UN underwear, and d many of its more decorative features (zippers, cue UT bows, etc. ) were not well w received by b consumers. In 1 992, thee company installed a new w management NT team led by y CEO Frederick J. Row an, with the intention of steering it back to its core niche off soft, comfortable 1 Moor gang Stanley had recently made a similar offering to the eventual b buyer of Dresser Equipment Grog pup-?underwriting SSL . Billion in debt financing after leading the he auction. While staple-on financing was not a typical practice, , it was becoming nag more common professor or Malcolm Baker and a Research Associate James Quinn, Global Research G Group, prepared this case. HOBS cases rare developed solely as the basis Orr class discussion. Cases are not intended to serve as endorsements, e so urges of primary dat a, or illustrations of effective or ineffective management. Copyright get 0 2005, 2008, 2011 President and Fellows of Harvard College. To rod deer copies or request permission to reproduce materials, call 1800-5457685, write Harvard Business School Publishing, Boston n, MA 02163, or go to http://www. H hobs. Harvard. Due. No part of this pub publication m or by any mean may be reproduced, stored in a retrieval system, used in a SP broadsheet, or transmitted in any form ins-?electronic, mechanical, hotfoot opining, recording or o otherwise-?with hoot the permission n of Harvard Busing news School. This document is authorized for use only by Skylark Fang ([emailprotected] Com). Copying or posting is an infringement of copyright. Please contact [emailprotected] Org or 800-988-0886 for additional copies. 205-058 Berkshire Partners: Bidding for Carters clothing. 2 Rowan arrived with 39 years of experience in the industry, most recently running the Bassett-Walker and Lee Jeans division of IF Corporation. Many members of his executive team were also former managers with IF Corporation. With a strategy of simplifying Carters products, Rowan and his team returned to producing what they called high-volume, basic apparel. Product design remained relatively consistent from year to year: About two-thirds of the apparel was carried forward from season to season with the same fabric and construction, varying Only through color and artistic layout. Rowan and his team also focused on improving the capabilities of their supply chain while exploring offshore sourcing options. Throughout the compass history, it had relied on domestic manufacturing to produce its clothing. Bu t amidst an increasingly global environment in which more and more U. S. Impasses were outsourcing production abroad, Rowan sought cost improvements and manufacturing flexibility through manufacturing abroad. In 1 992, Carters closed two of its domestic sewing plants and made plans to close six additional sewing plants and its main textile mill. Central America and Mexico soon became the companys first international production sites. By 1996, with operating and financial performance beginning to turn around, Carters was acquired in a leveraged buyout by Investor S. A. , the Bahrain-based firm est. known for its investments in Gucci Group, Asks Inc. And Tiffany Co. Investor (see Exhibit 3 for profile) paid approximately $208 million. This included $56. 1 million in senior debt and $90 million in subordinated debt. The purchase was consistent with the firms philosophy of injecting patient capital into North American and European companies; this simply involved waiting for the busines s to improve before selling it or taking it public. At the time of the Investor LOBO, Carters was doing business with over 400 wholesale accounts, including department stores, national chains, and epically stores. It had also established a major domestic presence with its outlet stores: The company operated roughly 150 retail outlet stores across the country. Consumers could purchase Carters merchandise through these outlets stores at a deep discount, with the outlet stores offering new products, holdovers from excess inventory, as well as assorted Carters brand accessories and licensed products. Beginning in 2000, Carters launched a new brand called Tykes. A departure from its two mainstay brands, Carters and Carters Classics, the Tykes brand was aimed at the discount channel. Its introduction coincided with a series of conversations with executives from Target, an emerging general merchandise retailer. Target was interested in expanding the stores offerings in baby and childrens lifestyle clothing. With the assurance that Carters could keep its shelves automatically replenished, the companies struck a long-term deal in which the Tykes brand was made immediately available at all 972 Target stores across the country. By the summer of 2001, Rowan seemed to have Carters on a path of operational and financial SUccess. From 1992 to 2000, the company increased venue at a compound annual growth rate of 9. %, with earnings before income, taxes, depreciation, and amortization (EBITDA) increasing 22. 1%. (See Exhibit 4 for selected financial. ) Analysts attributed much of the comma NYSE growth to improved brand recognition, a lower cost structure, expansion into the discount channel, and the movement of some manufacturing operations offshore-?while recognizing Inves tor as an able and willing partner in managing the growth. 2 Chris Rough, Investment Bank Buys Morrows William Carter Co. , The Atlanta Journal-Constitution, November 1, 1996. ([emailprotected] Com). Copying or posting is an infringement of copyright. Please contact [emailprotected] Org or Up for Sale In mid-2000, having watched over the growth of its investment in Carters, Investor decided it was time to sell its stake in the company. Investor typically looked at a range of exit options, but at the time the initial public offering (PIP) market was at a near standstill. In Joneses view: Investor might have been able to take this company public in 2001. But they were at the end of a five-year period, and they wanted liquidity. So to sit there, take another year or two to work their way out of a public stock was not something they wanted. He added: Theyve [Investor] got a network of investors that fund them, but if you dont have good returns coming out to keep talking about, it makes it harder to raise money. So in the normal course they were looking to generate a win through the sale of Carters. Amidst rumors that a handful of potential strategic buyers had passed on the deal, including apparel companies Jones Apparel and SSH Gosh Bogs, Investor initiated an auction among financial buyers. Christopher OBrien, a ember of Investors management committee, added: The nature of this companys business is that it is not particularly related to economic swings. We thought it was a company that financial buyers would find attractive in this marketplace. 3 Berkshire Partners Berkshire Partners was founded in the mid-sass by five individuals committed to creating a private equity firm based on successful relationships, hard work, analysis, and the open decision making of all individuals. 4 By 2001 , the firm comprised roughly 10 managing directors, 4 principals, 12 investment staff (associate level), and 2 advising directors. In a given year, the firm reviewed some 1,200 potential deals, with the intention of whittling the pool down to five to six closed deals. Jones estimated the number of times per year the firm completed full due diligence and submitted a final bid at about 12: Our batting average is pretty good-?we tend to go all the way on things we think we have pretty good odds of winning. So were not making a run at 40 things and getting five. Were doing it on 10-15, and we might get almost there on another handful. For each deal under serious consideration, Berkshire formed a deal team comprising our to five people. A managing director served as lead partner for each team. A team would typically contain an additional managing director, a principal, and one or two investment staff. According to Jones, As a firm, our work is very inclusive and collaborative in our efforts to uncover all the key information. While the deal team took responsibility for making a recommendation and then doing due diligence and bringing back an investment package, ultimate investment decisions rested with the firm as a whole. In analyzing a potential deal, Berkshire relied largely on its internal staff to array out the analysis and would use a Pain and McKinney to help us answer or flush out a couple of issues that we just dont have the resources to do. Beyond that, the firm relied on leading Boston law firms to carry out due diligence on contracts, leases, patents, and trademarks. Ernst Young (EY) handled the firms accounting due diligence, which principally involved looking at quality of earnings. According to Occasion, getting the capital structure right was an art, not a science. He added: There are a lot of factors that go into determining the right financing structure. To st art, theres arches price-?dollars needed to ultimately buy the company. And, of course, there are your 3 Kelly Holman, Berkshire Buys William Carter Co. The Daily Deal, July 17, 2001. 4 Berkshire Partners Web site, Our partnership, http://www. Breathlessness. Com/l_o_partnership. SHTML, accessed December 1, 2004. 3 returns. Obviously, if I hold purchase price steady, and increase my leverage, my equity returns will increase, and so on. Berkshire managers believed the equity portion of the capital structure at the time needed to be at least 25% in order to achieve the desired ratings outcome and demonstrate to the lending ease that Berkshire Was making a serious commitment. At the time, investment banks were willing to lend at a rate of roughly four to five times EBITDA, with the multiple determined largely by market conditions. Occasion continued, This is coupled with the challenge of asking yourself: Is this the appropriate amount of leverage for a business of this type; what do the ratings look like; how difficult will it be to get the financing completed; and what does that mean in terms of your total financing costs? These are all the variables that you play with to try to figure out the optimal capital structure for the business. After taking an equity position in a private business, Berkshire saw its role as supporting management in a variety of ways, including a) helping to prioritize key objectives, b) reviewing organizational design, c) helping to build the bench of key managers, and d) even leading the integration process in the event of a subsequent acquisition. Jones added: would say that weve done a lot of work over the last several years to be more thoughtful about how to address opportunities for companies up front and align strategically with management. So in thinking about how we add value, it is important to look t the work we do in due diligence not only as critical to making a smart investment decision, but also a critical foundation to operate from during the life of the investment. At any given time, Berkshire held a portfolio of roughly 25 investments. About half of these businesses required very little of Berkshires management attention-?the firm was on top of these businesses and fully expected to exit them in due course. About one-quarter of the businesses required a moderate level of attention, and another one- quarter required Berkshire to be very focused on them. Businesses earning the largest amount of attention did so because its the early stages, or we could still have a meaningful impact and theyre very important to our firms success. Berkshires typical exit strategy was sale of the company, rather than an PIP, by a ratio of about four to one. The firms conditions for exiting via an PIP were threefold: 1) a strong brand, 2) strong growth potential, and 3) a dramatic need for capital. Unlike many other private equity firms that often used an PIP to close out their ownership stake, Berkshire was more likely to initiate an PIP in the middle of its ownership with the intention f staying involved with the management and helping the company to grow. In many cases, a follow-on offer would ensue. Berkshires Bid for Carters When Berkshire Partners received an invitation to participate in the auction for Carters, the investment team was initially optimistic about a potential match between the two organizations. The firm had developed a focus on building strong, growth-oriented companies in conjunction with strong, equity-incanted management teams. 5 Berkshire viewed Carters not simply as an apparel company in the retail space, but more as a consumer products company. According to Jones, Carters being a really Strong brand that could be leveraged across multiple channels was something that we found very appealing, and in general find appealing. 5 Berkshire Partners Web site, Press Releases, http:// www. Irrationalness. Com/5_1 _ 17_press. SHTML, accessed September 1, 2004. 4 ([emailprotected] Com). Copying or posting is an infringement Of copyright Please contact [emailprotected] Org or Initial Meeting On the first Tuesday of May, Berkshires five-member team traveled to New York to meet with Carters management. The Carter team included the CEO, resident of marketing, executive vice president of operations, executive vice president of global sourcing, and SCOFF. The meeting provided an opportunity for the respective managers to get to know one another, to discuss the ground rules for the auction, and to begin a dialogue about the future growth strategy for Carters. To a person, the Berkshire executives were very impressed with the Carter team, acknowledging their experience, commitment, and confidence in their five-year plan. (See Exhibit 5 for four elements of growth strategy. ) The initial meeting also opened lines of communication between Berkshire ND Goldman Cash, which Carters had engaged to run the auction process. In the early weeks of May, Berkshires team had a number of discussions with Goldman Cash. The deal was being shown to a limited number of financial buyers (more than 2, less than 10), and not all potential buyers would be given the opportunity Berkshire had been given to meet with the management team prior to submitting a preliminary bid. In addition to running the auction, Goldman Cash was providing staple-on financing for the deal, although the buyers were not limited to the Goldman financing Truckee and could choose to submit a bid that would be financed by other sources. (See Exhibit 6 for proposed capital structure. Members of the Berkshire team acknowledged that a staple-on financing structure, if not actually compared against competing offers in the market, could create a conflict Of interest for an investment bank. A banks dual role of auctioneer and financier, if unchecked, could pressure a buyer to accept inferior financing terms in order to win the bid. Occasion stated: Th ere were a lot of tensions inherent in the new staple-on structure. The investment banks ere concerned externally about how it would affect their reputations, and the private equity guys werent that excited about it. They felt it limited their ability to get an edge in the bidding process by bringing more creative financing to deals. What the staple-on did provide, however, was generally a more expedited financing process. Nevertheless, the Berkshire team came away from the meeting in New York eager to look carefully into the deal. In the ensuing days, Goldman furnished Berkshire with a summary of financial projections put together by Carters management (see Exhibits AAA, b, and c). GAS also indicated that the process required potential buyers to submit equity bids of at least $130 million to be considered.

Magnesium oxide Essays

Magnesium oxide Essays Magnesium oxide Paper Magnesium oxide Paper I cant have only 1 point connecting to zero to make a line of best fit because it would not be a very reliable line. Analysis The type of graph I have is as straight line in a positive correlation. The results are directly proportional which means as the mass of magnesium goes up, the mass of magnesium oxide goes up. The ratio is a constant ratio would always stay the same as long as the magnesium ribbon gets a constant supply of the same amount of oxygen every time throughout the whole experiment. This is because there are more magnesium atoms for oxygen to join with. The formula for working out the slope is: My equation was: This shows that the magnesium oxide which I have produces is Mg3O2 because 1. 44 (gradient of Mg3O2) is the closest match to my gradient, 1. 5. You cant use anything like half an atom so magnesium would lose 2 electrons and give them to oxygen and because they would become ions the structure of the molecule would be an ionic bond in a giant lattice. I used the points 0. 00 because it would be the easiest to deal with. The gradient links directly to the increase in product because it shows a positive correlation continuously. Evaluation The things that prevented or could have prevented our results from being reliable and accurate are these: * Lifting the Lid from the crucible How this affected our results is that while lifting the lid some smoke would be released into the air and that smoke is magnesium oxide and because there is magnesium oxide being released into the air that means there would be a reduction in mass which also means that we would get the wrong result for a particular length. Why we had to lift the lid was so that we could check if the reaction stopped and to let oxygen in so that the reaction could continue well. How I could make sure that this does not happen is by tilting the lid enough so that I can see if the reaction has finished and I would only tilt it for a second so that very, very little smoke get released. * Layer of Magnesium Oxide on the crucible The effect if this is that it would increase the mass of magnesium oxide we record because there is extra magnesium oxide that was not cleaned off. This would cause our results to be unreliable because it would almost be like we have made a product without anything is apparently (according to scientists) impossible. How I could prevent this from happening is by making sure that I clean the crucible so that any if any magnesium oxide was left in the crucible it would be removed. Or we could just use a new crucible. * Other formulas for magnesium oxide There uncountable numbers of possible formulas, so out of all the possible formulas there are there is a low chance that the formula that my data shows it could be may not be it, so this makes my conclusion unreliable. How we could improve our accuracy for this is by taking more records of other formulas and their gradients. * Unstable balance This would have an impact on my results accuracy and reliability because the balance kept on changing due to vibration from tables being hit and by wobbling the table which cause the balance to be unstable for quite some time. Why this is affecting our results is because we cannot be sure if the readings we have recorded are reliable because we recorded them while the balance was unstable. A way in which we could avoid this from having an effect on our results could be by isolating the room during the time we take in the results so that there would be minimal vibrations travelling through the table and floor. * Distance between the crucible and the flame from the Bunsen burner How this can alter my results accuracy is by creating less magnesium oxide because if the distance between the two are to long then there would be less heat reaching the crucible but this would only impact our results if the distance between the two was different each time because for each tests the impact of the affect would be the same. Cutting magnesium ribbons in right lengths inaccurately This would affect my reliability by giving me incorrect readings for each mass because when recording the mass I would be recording a result which would be completely of scale if the lengths were cut very accurately. How I could prevent this from happening is by using a ruler, stretching out the ribbon and cutting the ribbon with appropriate and accurate equipment e. g. scissors. E=MC2 This comes into effect in my experiment because before measuring the crucible we needed to wait for the crucible to cool down otherwise the heat would cause an increase in mass. So we would wait for the crucible to cool down before weighing it as energy is mass and mass is energy regardless of form of energy according to the theory behind E=MC2. If I dont wait for the crucible to cool down then my result would appear that the magnesium oxide as been formed from a higher mass of magnesium. Not just oxygen reacting with oxygen In the atmosphere there is not only oxygen, oxygen is only 21% of the atmosphere, 78% is nitrogen so what would also be made is magnesium nitrate. This would mean that some of my results could be unreliable because I dont know exactly how much nitrogen oxide has really been made in there is also nitrogen attached to magnesium. What I would do is remove the nitrogen by adding water. This would then create magnesium hydroxide and what I would do to change it to magnesium oxide is by heating it. I would not say that my results are very reliable because of the formula that I have create was Mg3O2 but logically it should be MgO because the correct ratio would 24:16 in mass terms and in the terms of the number of atoms from each element joining up against each other should be 1:1 and this is only because magnesium would lose 2 electrons to get a full shell and the oxygen would gain 2 electrons to get a full shell to make an ionic bond in a giant lattice. Another reason why I would say that my results are quite unreliable is because there were a lot of problems which caused the test to be quite unfair which was the lack of oxygen so what we did was we lifted the lid several times to get some oxygen in, but by doing that it lets some magnesium oxide out which would cause an accidental decrease in mass. But when looking at my graph and ignoring the gradient being 1.5 all my points on the graph are either or very close to the line of best fit and the average points dont scatter and the error bars are mainly small which indicates that my results are accurate, theyre just not very reliable because I did not get the formula MgO. I am confident that my results are accurate but Im not confident enough to believe that my results are reliable because when looking at the logical ratio it should be 24:16 but mine is 72:32 in atomic mass terms. Which does not really make much sense because naturally an atom would want a full shell but in this case only 4 out 5 atoms in the molecule are getting full shells, so I would believe that my results are very unreliable and when looking at what possible formulas there are, there really are loads which means that the formula which I have is very unlikely to be true, in fact many different formulas could have been made during just one test for one length. The method which I have used was quite accurate because of the equipment which we have used. One very accurate equipment which I used was the digital balance (0. 01g) and that was very accurate because it was able to measure the small changes in mass. The Bunsen burner was also good to use because it gave a constant supply of heat at roughly the same temperature throughout the experiment. The pipe-clay triangle made your results accurate because it made sure that the crucible was placed securely on the tripod and it also made sure no heat was blocked for the crucible. A method such as waiting for there to be no change in mass was an accurate method because it was easy to see if there was no change in mass. Overall, my whole experiment is not very reliable my results are very accurate, according to my graph. Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Patterns of Behaviour section.

Get a Life...and a Career Essay Example | Topics and Well Written Essays - 500 words

Get a Life...and a Career - Essay Example Career planning is an important stage in life of every high school student, and it usually starts from setting development goals and self assessment. Speaking about myself, my possible future career is teaching in college or university. As "education is the most powerful weapon which you can use to change the world" (Dunkan), I would like to make my own contribution to giving the knowledge and skills to other people, who will use them to create their own lives and careers. Besides, the profession coincides with my personal characteristics, as I like to get acquainted with other people, communicate with them, be with them, be aware of what is happening in the world, ask and answer the questions. In addition, I like to look for new materials, read interesting books and learn news on different topics, which is important, if I want to write my PhD dissertation and keep my lectures up-to-date with the changes in the world. I understand that to become a good professor, I need to work hard and spend a lot of time, before I gain experience and knowledge to teach. However, the time spent for preparations will pay off in future. And there is a place for further development in the career, as I may become engaged in research work, take part in conferences, exchange programs, trainings, write and publish books. My future goals and plans are the following. During the first 10 years I will be working hard on finishing a college, taking part in students exchange programs, entering a post-graduate course, writing a dissertation, starting my research work, establishing contacts with other researchers in my field of knowledge, and starting to work. In 20 years I see myself as an Associate Professor of a University, teaching several courses to students. I take part in different conferences, publish articles, and cooperate with foreign professors and researchers. This is also the time, when I want to settle down