Auditing Reflection - 1208 Words

INTRODUCTION This report consists of 5 reflections related to auditing standards and each case was extracted from internet sources. The purpose of this report is to reflect and understand each case. REFLECTIONS First reflection is on China sky case for its non-compliances with SGX. Next is the case on corporate governance where new rules were proposed to improve risk management and risk control. Third will be the extracted information of executives’ compensation in Australian companies. Then, the forth reflection is talking about the famous McKesson Robbins scandal. Lastly, it was a reflection on China Shenghuo Pharmaceutical Holdings,Inc, a trade receivables fraud was detected by Cohen Milstein.†¦show more content†¦Hence, auditors will reduce reliance on substantive tests of transactions and account balances. 5 REFLECTION 4 a) The McKesson Robbins scandal was one of the famous financial frauds of the 20th century. In 1925, the company McKesson Robbins was taken over by Philip Musica in 1925 whose assumed name F. Donald Coster, to conceal his criminal record and true identity. He used his bootlegging profits from his another company Adelphi Pharmaceutical Manufacturing, to buy over McKesson Robbins and he was successful in expanding the company. With 2 brothers in-charge of McKesson Robbins shipping department and assistant treasurer, and the other brother placed outside the company, they have generated bogus sales documentation. Despite the success, the bogus sales were then discovered by its treasurer. The Securities and Exchange Commission opened an investigation and Musica committed suicide before he was arrested. b) The company had a fictitious asset of 19milion, which consists of inventories, accounts receivable, and cash. This was largely due: i) Inadequate procedures in performing bank reconciliation of significant accounts like inventories. ii) Management override of controls iii) There was little or no segregation of duties within a significant account. iv) Ineffective designed internal control over the preparation of financial statements being audited. v) Those charged with governance was unable toShow MoreRelatedThe Sarbanes Oxley Act ( Sox )1526 Words   |  7 PagesUniversity â€Æ' Introduction The Sarbanes-Oxley Act (SOX) of 2002 was implemented to deter fraudulent activities amongst companies by monitoring and auditing financial activities as well as set up internal controls to aid in the safeguard of company funds and investor’s interest. SOX also regulates the non-audit tax services (NATS) that can be performed by an auditing firm. SOX was passed by Congress in 2002 in an attempt to address the unethical behaviors of corporate firms such as Enron, WorldCom, SunbeamRead MoreAuditors And The International Financial Reporting Standards1703 Words   |  7 Pagesof the financial statements. Audit controversy leads to waste of time, increase in agency cost and interferes with the firms public image. Therefore, it’s in the best interest of the shareholders to defend the name of the firm by addressing the auditing controversy in the firm. In addition, it’s in the best interest of shareholders for the company to resolve its disputes quickly, inexpensively with reduced risk so that the firm can do better in the future. Alternative dispute resolving mechanismsRead MoreJob Description Of An Accounting System885 Words   |  4 PagesSystems Auditor examines accounting records and management systems to assess their efficiency and determine whether they are working as expected or not. The role of an Accounting Systems Auditor entails meeting auditees to cultivate a good set-up for auditing and to help them understand business processes. They collect information and documents from staff and clients and research on how to implement the best systems for the company. They also research and document the efficiency of risk management systemsRead MoreIntern At The Largest Cpa Firm1550 Words   |  7 PagesAlicia Sowinski Internship Reflection This past summer, I had the opportunity to intern at the largest CPA firm in Buffalo, Freed Maxick, CPAs. It was an intense six-week program that exposed me to a variety of work in departments such as tax, audit, EAS, consulting, and healthcare. At Freed Maxick, they wanted the internship to parallel the experience their first-year staff accountants have. We were treated as full-time employees as we had our own cubicles, worked forty-hour weeks, and wereRead MoreCommunication For The Field Of Accounting1122 Words   |  5 Pagesimportant role in accounting, which unfortunately is forgotten about. Graduates from colleges, who are seeking employment from accounting firms, only focus on understanding the technical skills of accounting. An entry level job for these graduates is auditing. Auditors analyze financial statements of a company and then provide solutions to the company’s financial issues. In order to successfully communicate in the field of accounting, auditors must be proficient in oral and written skills. In an articleRead MoreAudit Report On The Accounting Position Of An Area That Is Complex And Requires Auditor Judgment761 Words   |  4 Pages financial reporting also affects material misstatement. In essence the severity of deficiencies identified in internal control also infers material flaw which applies to materiality which has a direct reflection on provisional and annual financial statement. Additionally, while providing auditing services auditors are required to place emphasis on detecting dificiencies thus, in order to efficiently report internal control deficiencies, auditors are required to exercise judgment (Newton, PersellinRead MoreA Day in the Life of Brent Dorsey Essay799 Words   |  4 Pagestime Pro: â€Å"Eating time† will mean a lot of extra â€Å"off-line† work for Brent, but he will come in under budget and he may be as a true asset to the company. Con: â€Å"Eating time† will create inaccurate and tighter budgets in the future and a poor reflection of the actual cost of doing an audit. This may result in poor decisions at higher levels of management, especially if management is unaware of the time being eaten. * Do the job diligently but do it right and record how long it takes regardlessRead MoreHow Does Internal Auditing Maintain Its Independence and Objectivity2190 Words   |  9 PagesTable of Contents I. Introduction II. The purpose of internal auditing III. Profession guidance on independence and objectivity IV. Consulting services: a challenge to audit independence? V. Independence vs. Objectivity VI. Conclusion VII. Bibliography I. Introduction ‘The internal auditor occupies a unique position he or she is employed by the management but is also expected to review the conduct of management which can create significant tension since the internal auditors independenceRead MoreAuditors Concern on Business Risks1901 Words   |  8 Pagesdrawn preferably from non-executive directors, which provides an invaluable independent liaison between the Board and auditors, thus strengthening auditor’s position and improving communication. 2.0 Definitions 2.1 Auditee Is the course of auditing refers to all executives directors under chief executive officer who have been entrusted by the owners to run the entity on their behalf. They are responsible for day to day operationof the entity and infant they are the ones who are being auditedRead MoreBig Data Has Changed Our Lives3483 Words   |  14 Pagesfar more strongly as compared to any other thing. Therefore the important question is what does the actual auditing look like in this big data world? The answer to this question is very simple but different indeed. The quantity of data available to companies and as per the production, replacement of the paper trails with the records of IT and cloud storage is affecting the process of auditing but on the same side, big data is bringing them all together at the same time. This is the reason why today

Should Mobile Phones Be Allowed in Schools Free Essays

Children should be allowed to use their mobile phones in class because they can serve as ‘learning aids’, a study claims today. Academics are calling on schools to rethink bans on phone handsets after trials suggested that functions such as calculators, stopwatches and email can be ‘educational’. However, the call is certain to infuriate many teachers and parents, who will be concerned that pupils will be unable to resist the temptation to put the devices to less productive uses, such as cyber-bullying or cheating in tests. We will write a custom essay sample on Should Mobile Phones Be Allowed in Schools or any similar topic only for you Order Now During a nine-month experiment involving classes aged 14 to 16, pupils either used their own mobiles in lessons or the new generation of ‘ smartphones’ which allow internet connection. They were used to create short films, set homework reminders, record a teacher reading a poem and time experiments with the phones’ stopwatches. The smartphones also allowed pupils to access revision websites, log into the school email system, or transfer electronic files between school and home. The study by researchers at Nottingham University involved 331 pupils in schools in Cambridgeshire, West Berkshire and Nottingham. ‘At the start of the study, even pupils were often surprised at the thought that mobile phones could be used for learning,’ Dr Elizabeth Hartnell-Young will tell the annual conference of the British Educational Research Association in Edinburgh later today. ‘After their hands-on experience, almost all pupils said they had enjoyed the project and felt more motivated. One teacher told researchers that students like mobiles and they know how to use them. ‘Using this technology gives them more freedom to express themselves without needing to be constantly supervised,’ the teacher said. However, the report admits that some teachers think greater use of mobile phones in schools could prove problematic. Increased temptation to steal phones belonging to the school was one worry. ‘I thought, well, four of these smartphonesâ₠¬ ¦ How to cite Should Mobile Phones Be Allowed in Schools, Essay examples Should Mobile Phones Be Allowed in Schools Free Essays Mobile phones are extremely helpful after school when you’re travelling home. Your parent/ guardian can contact you regarding family matters and also after school if you have to walk your parent can phone you to make sure you’re secure. Likewise Mobile phones also provide safety and protection in times of need. We will write a custom essay sample on Should Mobile Phones Be Allowed in Schools or any similar topic only for you Order Now If for example you are in danger of some sort you can phone someone quickly and inconspicuously. In addition if the child goes missing the police can track the mobile and parents can check in on the Childs location. Also mobiles can help if there is an emergency; your parents can phone you direct instead of phoning the office which would take longer. This would be more effective because your parent can tell you exactly what’s going on instead of having a message passed to you. If for example your Gran was ill in hospital your mum or dad etc. could phone or text you updates through out the day. Mobiles also brings families together –They don’t seem to have much time to spend together anymore due to overtime and after-school activities, having the ability to communicate with any one of your family member helps bringing families together. Similarly if you forget something important like homework or your lunch you can contact your parent /guardian and they can drop it off. This would help when you have an important essay, for example, due but you forgot it at home. This would help make sure that all your homework is on time and would help teachers when they have to mark homework. Likewise if you are unwell in school, you can phone your parent to let them know. This would be helpful because your parent would be able to pick you up or can tell you what to do. Moreover mobile phones could save money because they could be used as calculators and can be used to record/ write notes. This would save a lot of money on paper which would make the school more eco friendly and money could be used on other equipment instead of just calculators which can be found on all phones, although teachers would have to supervise and trust pupils not to stray from the task. Another benefit would be that pupils can record important dates in their phone to help with important deadlines and exams. A final reason is that mobiles could be used for a wide range of educational purposes, including creating short movies, setting homework reminders, recording a teacher reading a poem and timing science experiments. Mobiles which can connect to the internet, also allowed pupils to access revision websites, log into the school email system, or transfer electronic files between school and home. Experts have claimed that using a mobile gains children’s confidence because the technology is familiar to them. How to cite Should Mobile Phones Be Allowed in Schools, Essay examples

Business Development Strategy to Fly High-Free-Samples for Students

Question: Discuss about the Business Development Strategy to Fly High. Answer: Introduction: The paper aims to study the operations of international projects taking the competitive market of airlines manufacturing as the background. The case study, which forms the substratum, mentions three companies, which give direction to the study. Murasaki Aircraft Corporation (MAC) with its strong shareholder base of MNCs like Toyota and already in the regional jet industry is seeking to enter international aircraft market. The CEO of the company wants to find out strategies to enter international market following the style of irbus and Boeing but wants to avoid their flaws. This intention of the CEO forms the basis of the sections, which make up the study. The section deals with the brief study of Airbus and Boeing, their ambitious aircraft building projects and their flaws in managing those projects. The next section elaborates these flaws to out lessons, which Murasaki must learn from the mistakes of Airbus and Boeing. The final section consists of recommendations for the airlines c ompany based on these learnings. The recommendations unlike the learning section go beyond the flaws of the two aircraft-manufacturing giants namely, Airbus and Boeing. The section also covers aspects like marketing and international expansion, which Murasaki can adopt to strengthen its operations. Project Management Cycle of A380 aircraft and Boeings 787 Dreamliner and outcome: The strategic management of A380 aircraft shows that the French airline manufacturing company Airbus uses advanced methodology to control the airline manufacturing operations. Airbus controls project management cycle at every stage including initiating the manufacturing projects worth millions of dollars, planning of manufacturing operations, execution. The efficient project management procedure spans over the areas like monitoring and control but does not include closing of these projects.A380 manufacturing project was one of the most ambitious projects and the company chose to partner with German airline manufacturing company Hamburg to ensure successful execution of the project. However, the consortium of the French and German was not as successful due to conflict between them. There were several flaws due to lack of cooperation among the management of Airbus and Hamburg. Hamburg designed advanced software for the use of the aircrafts but the same was not compatible with the older versions, which were already in use by the French airline company. This prevented smooth flow of project related between the two companies. The outcome of the lack of communication and collaboration between Airbus and Hamburg resulted prevention of installation of parts into the bodies of the airbuses. This ultimately led to halting of production of the ambitious A380 aircraft and Airbus suffered a loss of over $6 billion. The final outcome of Airbus to manage the A380 project was that the company had to postpone the delivery of the aircrafts to its esteemed client Singapore Airlines by two years (company.airbus.com, 2017). Boeings 787 Dreamliner is one of the ambitious projects taken by the American airline manufacturer Boeing Commercial Airplanes. Dreamliner 787 was the first plane with a fuselage having a composite barrel in the place of old-fashioned aluminium sheets used by the existing aircrafts during that time. The makers, Boeing Commercial spent a huge amount amount of money to money to manufacture the airplane and collaborated with international partners like NASA Ames Research Center. The company in order to ensure to accurately execute the project entered into subcontracting with Mitsubishi heavy industries of Japan and Korea Aerospace Industries of South Korea. The project execution of Dreamline 787 cost an estimated Boeing $ 32 billion (Boeing.com. 2017). The cost of purchase to obtain the expensive components exceeded the cost of purchase of its assembly facilities. The airways as result started suffering heavy loss on each aircrafts it manufactured. JPMorgan Chase estimated that BOEING s uffered a loss of $45 million per aircraft. The aircraft manufacturer started incurring heavy losses on each of its delivery of its airbuses to its clients. The outcome of the losses resulted in high operating costs of manufacturing aircrafts for Boeing and the company was forced to cut its operations and production costs to make up the losses. Another significant factor that led to tremendous loss to the ambitious project of Boeing 787 was the increasing competition from Airbus 380. The outcome of the excessive cost of production was that the company started to increase the production of Boeing 787 and sell them in the market to make the loss up. The company aims to add a hundred aircrafts to its current fleet by the end of 2017 (Airbus-dscomm.com. 2017). Lessons learnt from these two airline makers: Murasaki Aircraft Corporation (MAC) wants to enter the manufacture of medium sized passenger carrier market. The management of the company must take the following lesson from the flaws committed by big players like Boeing and Airbus and and their outcomes: Lesson 1: The project management history of manufacture of Airbus 380 and Boeing 787 has important lessons Murasaki Aircraft Corporation (MAC) can learn. Airbus in order to manage, plan and execute its ambitious aircraft project opted for partnership strategy. The partnership strategy the company chose to manufacture Airbus 380 was consortium with Hamburg of Germany. This strategy was apparently very promising and profitable for both Airbus and Hamburg. However, the lack of communication and collaboration between the apex management bodies of the two companies led to application of faulty technology. Airbus used the old version of software while Hamburg used newer version of the same software (Airbus.com. 2017). However, the two versions did not prove compatible which resulted in hindrance in further advancement of the project management of building Airbus. Murasaki Aircraft Corporation while manufacturing medium sized passenger jet should be careful while choosing the mode of management of it s ambitious project. The case study shows that MAC has stake owners like Mitsubishi Corporation and Toyota Motor Corporation. The management of the company would take prudent decisions if it enters into partnership with its stakeholders. The stakeholders Mitsubishi and Toyota are stakeholders of MAC. As a result, give more support to the latter, if they enter into partnerships. This is because they as stakeholders would want MAC to operate more successfully in order to gain more capital maximisation. MAC can enter into partnerships with external organisations to make medium size aircrafts only after it gain considerable penetration in the competitive market of international aircraft manufacturing. The first Murasaki Aircraft Corporation can learn from the management faults of Airbus is that; it must first gain competitive advantage in the international aircraft manufacturing market. This will entitle the company to gain equal position and say in the partnership (Kerzner 2013). Lesson 2: The history of Airbus reveals that the management bodies of Airbus and its partner suffered from flaws like lack of communication and collaboration. They kept on blaming each others strategies, which ultimately led to various defects. The conflict of interest caused huge gap in the flow of communication. This conflict blocked sharing of knowledge and technology between the two partners. Since, modern aircraft is largely dependent on flow of knowledge and technology, this blockage jeopardised installing advanced on the aircrafts. This led to Airbus delaying its delivery of aircrafts to its customer Singapore by two years, which caused losses worth millions. The lesson MAX can learn from this mistake is that while management of aircraft manufacturing project with third party firms, the management should maintain strong communication with the management of the partner (Schwalbe 2015). This would lead to smooth flow of information and technology between the two partners. The management o f manufacturing project should take place under close supervision of the two partners. This would lead to reduction of wastage, more accurate and dynamic decision-making and cost management that would allow both the companies to gain cost efficiency in production of aircraft. Lesson 3: The third lesson Murasaki should learn while manufacturing airplane manufacturing project is that it must manage costs very effectively. The history of Boeing 787 shows that the manufacturing company of the aircraft, Boeing Commercial Airplanes did not keep sufficient control over the budget and the expenses. The company invested a huge amount of money towards subcontracting and testing the aircraft. The company started incurring losses on delivery of the aircrafts, which were several times the projected profits. Murasaki being a new company in commercial airplane manufacturing market should not invest excessive cost on testing and promoting the aircrafts. The company should instead choose economic ways of manufacturing aircrafts by keeping the cost of production low and making low cost flights. The company can launch on manufacturing ambitious aircrafts only after it succeeds in earning profits and gaining commanding position in the international market (Fleming and Koppelman 2016). Lesson 4: The fourth lesson that Murasaki can learn is that it should make strategies to counteract challenges from the competitors during the project execution stage. The history f production of Boeing shows that the company had to cut the sale price, which inhibited the company from earning profit from sale of expensive Boeing aircrafts. Murasaki should enter the market by producing low priced aircrafts. This will enable the costs of production to be lowered in order to save expenditure. Again, in order to gain stronger competitive advantage in the market must be able to lower the prices. This strategy would prevent the company from incurring losses due to reduction of sale price to be more competitive (Shenhar et al., 2016). Recommendations in strategies to MAC: Murasaki has four lessons to learn from Airbus and Being. First, it must be careful while choosing the mode of project management operations to produce middle range aircrafts like entering into partnerships with external firms other than the shareholders like Mitsubishi and Toyota. Second, the management of MCA should maintain strong communications with the partnership firm(s) and control over the aircraft-manufacturing project. The third lesson is that Murasaki should not invest excessive amount of capital into operations and manufacture of aircrafts in the initial stage. The fourth lesson is that the company should enter the aircraft market with low priced aircrafts. The following recommendations can be made in the light of these four lessons to Lissane regarding business expansion of Muraki sans the mistakes of Boeing and Airbus: Making marketing a part of the project management strategy: A study of the history of Airbus and Boeing project management procedure and flaws bears no mention about marketing of the airbuses during their manufacture. Murasaki should combine marketing with its airplane-manufacturing plan. This will allow the company in multiple ways. First, marketing the aircraft nationally and internationally would create huge market which help the company attract customers. As a result, the company can earn more profit by offering its new products to the clients. Secondly, earning huge revenue would help the company to distribute its expenditure over this huge body of revenue. As a result, it would able to lower its sale price and gain economies of scale. These two strategies would help Mursaki to earn high competitive position in the market. Continue production of regional jets and international standard aircrafts: Murasaki should continue production of its traditional product, regional jets and the international standard aircrafts to compete with Airbus and Boeing simultaneously. Production and sale of regional jet would generate continuous revenue. The company can generate this revenue towards strengthening of manufacture of the international style jet crafts. Secondly, the company is already in production of jet and has customers in the local market. This customer base can provide Murasaki with references in international airlines companies, which can help it to secure orders for Airbus style international aircraft more easily. As a result, it would be able to charge higher prices for the aircrafts and earn higher profits. Thus the company can secure high competitive position in the national and international market. Expansion into the developed and emerging markets: Murasaki must expand into both the developed and emerging markets to gain competitive advantage in the competitive international market. Airbus and Boeing serves clients from both western markets like British Airways and eastern markets like India and China. This will enable the airline to gain dominance in both eastern and western markets. References: Ahmed, S. and Zlate, A., 2014. Capital flows to emerging market economies: A brave new world?.Journal of International Money and Finance,48, pp.221-248. Ahmed, S. and Zlate, A., 2014. Capital flows to emerging market economies: A brave new world?.Journal of International Money and Finance,48, pp.221-248. Airbus.com. (2017).Cite a Website - Cite This For Me. [online] Available at: https://www.airbus.com/content/dam/corporate-topics/publications/backgrounders/Airbus_Global_Market_Forecast_2017-2036_Growing_Horizons_full_book.pdf [Accessed 5 Nov. 2017]. Airbus-dscomm.com. (2017).Airbus DS Communications (formerly Cassidian Communications), The leading provider of mission critical communications and response technology for public safety business continuity and homeland defense. [online] Available at: https://airbus-dscomm.com/services/project-management.php [Accessed 5 Nov. 2017]. Boeing.com. (2017).Boeing: Airline Strategies and Business Models. [online] Available at: https://www.boeing.com/commercial/market/long-term-market/airline-strategies-and-business-models/ [Accessed 5 Nov. 2017]. Brenes, E.R., Montoya, D. and Ciravegna, L., 2014. Differentiation strategies in emerging markets: The case of Latin American agribusinesses.Journal of Business Research,67(5), pp.847-855. Denning, S. 2013. What went wrong at boeing.Strategy Leadership.41(3): 36-41. Elahi, E., Sheikhzadeh, M. and Lamba, N. 2014. An Integrated Outsourcing Framework: Analyzing Boeing's Outsourcing Program for Dreamliner (B787).Knowledge and Process Management.21(1): 1328 Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project Management Institute. Hinterhuber, A. and Liozu, S.M., 2014. Is innovation in pricing your next source of competitive advantage?.Business Horizons,57(3), pp.413-423. irbusgroup. (2017).Job Search. [online] Available at: https://company.airbus.com/careers/jobs-and-applications/search-for-vacancies~jobid=001A4B0A914A1EE7ABE74DF4D9218E01~.html [Accessed 5 Nov. 2017]. Kerzner, H., 2013.Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Laszlo, C. and Zhexembayeva, N., 2017.Embedded sustainability: The next big competitive advantage. Routledge. Leach, L.P., 2014.Critical chain project management. Artech House. MarketLine Case Study. 2012.Boeing Case Study. The 787 Dreamliner. Accessed 22 February, 2016. Rivoli, P., 2014.The travels of a t-shirt in the global economy: An economist examines the markets, power, and politics of world trade. New preface and epilogue with updates on economic issues and main characters. John Wiley Sons. Schwalbe, K., 2015.Information technology project management. Cengage Learning. Shenhar, A. J., Holzmann, V., Melamed, B. and Zhao, Y. 2016. The Challenge of Innovation in Highly Complex Projects: What Can We Learn from Boeing's Dreamliner Experience?.Project Management Journal.47(2): 6278. Shenhar, A.J., Holzmann, V., Melamed, B. and Zhao, Y., 2016. The Challenge of Innovation in Highly Complex Projects: What Can We Learn from Boeing's Dreamliner Experience?.Project Management Journal,47(2), pp.62-78. Suri, R., 2016.It's about time: the competitive advantage of quick response manufacturing. CRC Press.

Activity 1.1.4 Digging With Deere Essays - Equipment,

Activity 1.1.4 Digging With Deere Purpose The number of people in production agriculture has decreased significantly over the past 250 years. This has happened due to new advances in science and technology. Many of those scientific advances have been in the area of agricultural mechanics. Agriculture has kept up with growing demands of its products by people using the engineering design process to construct machines and structures that are more productive. Designing and constructing new machines using the engineering design process provides thousands of career opportunities. People use the engineering design process to research, design, build, and test new machines, structures, and processes to increase agricultural production. The first step in the process is identifying the problem. Then engineers set requirements for solving the problem so they know when the problem is solved. Next, they build a prototype to test and compare to the requirements. If the prototype meets the requirements, they have solved the problem. This process is continual as people who use the machine identify new problems that demand new solutions. John Deere capitalized on many of the steps necessary to design, modify, and adapt his machine to the ever-changing demands in agriculture. Follow along the path of John Deere to see how he identified a problem and used the engineering process to solve it. Materials Per student: Pencil Agriscience Notebook Procedure Read the following biography on John Deere, an entrepreneur in agricultural mechanics. After reading the biography of John Deere, use Table 1 on Activity 1.1.4 Student Worksheet to record evidence of how John Deere used the engineering design process to design a more efficient plow. In 1836, facing depressed business conditions in Vermont and with a young family to care for, John Deere traveled to Grand Detour, Illinois, to make a fresh start. Resourceful and hardworking, his skills as a blacksmith were immediately in demand. The farmers on the prairie struggled to turn heavy clay soil with cast iron plows designed for light, sandy soil of New England. The days in the field were difficult because they had to interrupt their work to clean the sticky prairie soil off their cast-iron plows. John Deere was convinced a plow that was highly polished and properly shaped could clean itself as it cut furrows. One day, a broken steel sawmill blade gave him an idea. Deere made a moldboard out of the broken blade using his blacksmith skills. The moldboard is the curved metal blade that digs, cuts, and turns over the soil. While the original plow could only do a fraction of the work farmers can tackle with modern tillage equipment, it was high-tech at the time. John Deere shaped his plow blade differently than others. Deere put a great deal of thought into the shape and curve of his moldboard. Its contours would determine how well the plow turned over the soil. Production increased slowly at first, but Deere kept busy. He did a lot of work away from his forge. He tested his products and changed his designs based on suggestions from customers. By 1849, he was producing 2000 plows a year. Deere did not change the basic design until 1875 when he introduced the company's first riding plow. There were other riding plows on the market, but Deere's two-wheeled sulky soon became one of the most popular. Deere introduced the company's first three-wheeled plow in the mid 1880's. By the early 1890s, Deere was offering walking and riding plows in single-bottom to six-bottom gang versions. Since it took four or six horses to pull the two-bottom version, the six-bottom plow would need power that was available only with a steam tractor. Now, 175 years later, the company that grew out of the success of this innovative plow continues to manufacture advanced equipment to help those who work with the land to accomplish their tasks more efficiently and faster. Adapted from: Deere Company. (2015) John Deere's plow. Retrieved from http://www.deere.com/en_US/corporate/our_company/about_us/history/john_deere_plow/john_deere_plow.page? Conclusion How did John Deere use the engineering design process to improve his product? Why did John Deere need to change the design of his plow continually? What impact did John Deere's plow have on agricultural production? What other machines in agriculture have improved production? How could John Deere measure the efficiency of one of his prototypes to determine it was an improved product? Activity 1.1.4 Student Worksheet

Strontium Facts (Atomic Number 38 or Sr)

Strontium Facts (Atomic Number 38 or Sr) Strontium is a yellowish-white alkaline earth metal with atomic number 38 and element symbol Sr. The element is known for producing red flames in fireworks and emergency flares and for its radioactive isotope that is found in nuclear fallout. Here is a collection of strontium element facts. Fast Facts: Strontium Element Name: StrontiumElement Symbol: SrAtomic Number: 38Appearance: Silvery-white metal that oxidizes to pale yellowGroup: Group 2 (Alkaline Earth Metal)Period: Period 5Atomic Weight: 87.62Electron Configuration: [Kr] 5s2Discovery: A. Crawford 1790 (Scotland); Davey isolated strontium by electrolysis in 1808Word Origin: Strontian, a town in Scotland Strontium  Basic Facts There are 20 known isotopes of strontium, 4 stable and 16 unstable. Natural strontium is a mixture of the 4 stable isotopes. Properties: Strontium is softer than calcium and decomposes more vigorously in water. Finely divided strontium metal ignites spontaneously in air. Strontium is a silvery metal, but it rapidly oxidizes to a yellowish color. Because of its propensity for oxidation and ignition, strontium is typically stored under kerosene. Strontium salts color flames crimson and are used in fireworks and flares. Uses: Strontium-90 is used in Systems for Nuclear Auxilliary Power (SNAP) devices. Strontium is used in producing glass for color television picture tubes. It is also used to produce ferrite magnets and to refine zinc. Strontium titanate is very soft but has an extremely high refractive index and an optical dispersion greater than that of diamond. Element Classification: Alkaline earth metal Biological Role: Radiolarian protozoa belonging to the group Acantharea make their skeletons of strontium sulfate. In vertebrates, strontium replaces a small amount of calcium in skeletons. In humans, absorbed strontium is primarily deposited in bones. In adults, the element only attaches to bone surfaces, while it can replace calcium in growing bones of children, potentially leading to growth problems. Strontium ranelate can increase bone density and reduce the incidence of fractures, but it also increases the risk of cardiovascular problems. Topically applied strontium inhibits sensory irritation. It is used in some toothpastes to reduce sensitivity. While stable strontium isotopes present no significant health threat, the radioisotope strontium-90 is considered dangerous. Like the stable isotopes, it is absorbed into bones. However, it undergoes beta-minus decay and thus poses a radiation hazard. Strontium Physical Data Density (g/cc): 2.54Melting Point (K): 1042Boiling Point (K): 1657Appearance: Silvery, malleable metalAtomic Radius (pm): 215Atomic Volume (cc/mol): 33.7Covalent Radius (pm): 191Ionic Radius: 112 (2e)Specific Heat (20 °C J/g mol): 0.301Fusion Heat (kJ/mol): 9.20Evaporation Heat (kJ/mol): 144Pauling Negativity Number: 0.95First Ionizing Energy (kJ/mol): 549.0Oxidation States: 2Lattice Structure: Face-Centered Cubic Sources Greenwood, Norman N.; Earnshaw, Alan (1997). Chemistry of the Elements (2nd ed.). Butterworth-Heinemann. ISBN 0-08-037941-9.Lide, D. R., ed. (2005). CRC Handbook of Chemistry and Physics (86th ed.). Boca Raton (FL): CRC Press. ISBN 0-8493-0486-5.Weast, Robert (1984). CRC, Handbook of Chemistry and Physics. Boca Raton, Florida: Chemical Rubber Company Publishing. pp. E110. ISBN 0-8493-0464-4.

Definition of Family Research Paper Example | Topics and Well Written Essays - 500 words

Definition of Family - Research Paper Example Lastly, he acknowledged adoptive parents and homosexual partners with or without children as a family. The definitions given have a lot in common. All the respondents recognize that a family must have parents and their children. Respondent A, for example, identified a father, mother, and children as the core members of the family. Similar sentiments were given by respondents B and C who viewed the union of parents and children as the family. Another similarity in their definitions was the concept of people with shared interests coming together to form a family. It is common to hear religious groups refer themselves as families because the members aim to worship and do things that please their creator. Apart from respondent A, the other two did not echo the idea of relatives as part of the family. Although the extended family comprises of relatives, the two respondents chose to omit them in their definitions. Respondent C said homosexual partners also qualify to be a family. The other respondents had no idea of gay and lesbian families.I define family as the basic social group that comprises of parents and their children or people with shared values and dwell in the same place. According to Eggenberger et al. (2006), a family is a significant social unit that acts as the foundation of society and its cultures. The journal supports my definition because a family is the basis of a community. Family networks help connect different people to form a society with shared values.

Career Development Case Study Example | Topics and Well Written Essays - 2000 words

Career Development - Case Study Example Analysis of the Actions of Madeleine Lagarde and Her Mentor 6 2.2. Analysis of the Actions of Eric Wong and His Mentor 7 3.0. Ways to Make Mentorship More Different 8 Bibliography 9 1.0. BCG’s Career Development and Mentorship Processes: Strengths and Weakness Boston Consulting Group is considered as the ideal place for strategy consulting as an organisation. The main objective of the organisation is to attract, develop and retain the best of the candidates in the organisation. The career development process for the professionals and mentorship program in the organisation is the best. The strengths and weaknesses of these processes are discussed in the below paragraphs. 1.1. Strength of the Career Development and Mentorship Process The career development in BCG is quite remarkable. There is a good scope for career building in the organisation, ranging from associates to officers. The associates and consultants in the firm are primarily focused on the organisational module. The project leader handles various projects in the organisation. The managers have the responsibility to handle both the project and the clients of the organisation as both are termed essential for the success of the business. The officers of BCG give much emphasis on clients and the success of the organisation. ... The incoming consultants are assigned a Career Development Consultant (CDC) advisor, as they provide guidance to the clients in their project work and help them in their success. They also provide positive and/or negative feedback to the incumbents for their improvement. Therefore, the employees can grow skills by the opportunities from staffing. Consequently, the employees need to be proactive in building their skills. The training is also conducted for the professionals for qualitative and administrative purpose. The formal training helps the employees to improve their social skills, networking skills and becoming more familiar with the working environment of BCG. With an overall point of view, the on-job training is quite productive for the professionals. The BCG officers are assigned as informal mentors for incoming consultants and CDC advisors are the formal mentors. The mentors, who are selected for the incumbents, assist them to deal with several issues and stimulate their ski lls. There is no structured time for the mentors to talk to the consultants. From the first month of their joining up to 24th month, mentors discuss and try to explore various problems that may arise with the consultants in their work and workplace. 1.2. Weaknesses of Career Development and Mentorship Process BCG gives primary focus on handling the clients rather than the growth of the people. The promotion in the organisation is decided by the senior persons depending on the skills of the professionals and not by their time period in the job. Thus, biasness is most likely to arise in the workplace. There is a criterion of voluntary exit for the professionals during their on-job training period due to poor