Essay about Allen Lane - 1045 Words

Opportunity Evaluation Allen Lane’s decision to acquire Plas-Tek Industries (PTI) is intriguing since the business appears to be a good match with Lane’s work experience and interest. As a manufacturer, PTI has been able to create large margins and high cash flow under Harry Elson’s leadership. However, significant risks are prevalent in acquiring PTI. First, more one-third of PTI’s sales originated from five companies and it is uncertain that without Harry Elson’s personal efforts if their patronage will continue. Secondly, the bank valuation of PTI ($600K) appears inflated as the bank’s valuation is notably more than PTI’s book value ($292K), calculated with an inflated price/earnings multiple for a company with no proprietary†¦show more content†¦Management PTI had been entirely dependent on Harry Elson to manage all strategic, financial, operational and marketing decisions. However, Lane’s Lane experience in managing finances, managing operations, leading teams and making strategic decisions in the manufacturing industry are the necessary hands-on skills to lead PTI after Elson’s death. However, it is questionable if Lane has either the necessary motivation or support team to operate PTI. Having Dan Ray as a partner may be helpful due to Ray’s operations experience, but it is unclear how motivated Ray is in operating PTI. Lane will also need to rebuild existing customer relationships lost due to Elson’s death as well as build new relationships with new customers, which will take significant time and resources to accomplish. However, since this a nonunion company, Lane has the flexibility to make the necessary adjustments in personnel to fulfill the necessary strategic business needs as they occur. Risks Two main risks need to be considered with this acquisition. The first risk is the contingent liabilities arising from Elson’s compensation and accumulated earnings from PTI’s interest-earning assets. Lane should provide the bank information on the accountant’s opinion on these contingent liabilities as rationale the bank’s valuation needs to discount them from their asking price. The second risk is theShow MoreRelatedRoad Construction Accidents Causes Accidents1160 Words   |  5 Pagesthe leading vehicle, failing to slow down, and incorrect lane changes First, one way road construction causes accidents by failure to slow down when entering work zones. Work zones on the road put construction workers and drivers at risk. Neighborhood repaving, bridge repairs, and road repairs have the number of accidents on the rise. Motorist have to maneuver around construction workers, barrels, signs, and deal with lane changes. Keeping all these factors in mind, many drivers areRead MoreThe Beat Generation By Allen Ginsberg1124 Words   |  5 Pagesof others through their own thoughts and views. The most influential figures during the Beat Generation where Allen Ginsberg, Gary Snyder, Jack Kerouac, and William Burroughs. And although their bold, expressive poetry led to great fame, this generation of poets gained a new fan base of critics who thought their work was just a way to seek attention and was not seen as serious art. Allen Ginsberg, born 1926 in Newark, New Jersey, unknowingly found himself creating a new generation of people whenRead MoreThe Beltway Was A Series Of Random Murders That Had Occurred Around The Hearts Of Thousands3437 Words   |  14 PagesDepartment and was led by Chief Charles Moose with additional help from other government services such as the FBI. The identities of these two men were discovered due to clues that were purposely left behind by the perpetrators. Their names were John Allen Muhammad and Lee Boyd Malvo. During this time in history, these two names were known to strike fear in people’s hearts and make people think twice about going outside and continuing their regular day-to-day activities. In the end, both of Malvo andRead MoreEssay on Allen Case1085 Words   |  5 Pages1: Opportunity Evaluation: a: How good is it? While not been in the distribution area, Plas-Tek has characteristics that fit Allen Lane skills and objectives. Plas- Tek has gross margins in excess of 40% for a nonproprietary product. It was giving half a million a year, from a Business with a million dollars in sales. It is a gold mine. b: What is the potential (market size, growth rate, potential: company’s competitive advantage? Market Size: Plas-Tek has over 26 year in the Business. LetsRead MoreWomen During The Vietnam War1294 Words   |  6 Pagesnurses, intelligent officers, and some even had the rank of lieutenants. Whether the women had equal rank or higher; all men respected them. Even women who were not on frontline died while overseas in Vietnam. (First Lieutenant Sharon Ann Lane) Training for 2LT Lane began on 5 May 1968 at Fort Sam Houston, Texas. She graduated on 14 June 1968, and just three days later reported for duty at the Army’s Fitzsimons General Hospital in Denver, Colorado. Her first assignment was with three tuberculosisRead MoreThe Emergence of Appalachian Stereotypes in 19th Century Literature and Illustration1884 Words   |  8 PagesWhen James Lane Allen, who was a teacher in Lexington KY for twelve years, decided to change careers in 1885, traveled to New York to become a writer, while there he was told to â€Å"find a definite field and explore it for literacy materials.† (McNeal, 59) Deciding to return to Kentucky, Allen began publishing his works in magazines in 1886, his work primarily focusing on Kentucky as two distinct regions, the civilized Bluegrass Region and the rough Cumberland Mountains. In James Lane Allen’s ThroughRead MoreWhy School Should Be Searched1047 Words   |  5 Pagessustained a superficial wound. Student witnesses identified the shooter as Thomas T. J. Lane III, a 17-year-old juvenile. Thomas T. J. Lane III used a .22 caliber handgun. At an initial court hearing, the prosecutor revealed that he admitted to shooting 10 rounds of ammunition from the gun during the shooting, which began in the school cafeteria at approximately 7:30 a.m., shortly after school began. Although Lane told police that he did not know the victims and that they were chosen randomly, witnessesRead MoreThe Agreement Between Allen And Barry1352 Words   |  6 Pagesname of your lecturer; Ms Patricia Lane (c) Your name and/or student number; Mohamad Kammoun (d) The total number of words used: 1325 words (e) Contact telephone number; 0403053619 The agreement between Allen and Barry. After Barry rejected the exercise of the option, their agreement could arguably now be classed as an agreement to agree about the acceptance of a third party if it met the conditions laid by Barry. The agreement between Allen and Cate. To determine the bindingRead MoreThe On The New York Times983 Words   |  4 PagesS. U.S. T.J. Lane, Killer in School Shooting, Is Caught After Prison Escape in Ohio By ASHLEY SOUTHALLSEPT. 11, 2014 Continue reading the main storyShare This Page Share Tweet Email More Save A 19-year-old Ohio man serving life in prison for killing three students in a high school cafeteria in 2012 briefly escaped from prison on Thursday, the authorities said. The man, T. J. Lane, who was serving three life sentences for the murders, escaped with two other inmates from the Allen Oakwood CorrectionalRead MoreStrategic Planning : Study And Planning : Strategic Planning1297 Words   |  6 PagesBaird recently completed an intensive twelve-week construction management program through the Office of Professional Development at North Carolina State University. â€Æ' STRATEGIC PRIORITIES/KEY WORK ITEM UPDATES Church Street Park Staff Lead: Jerry Allen/Mike Wright Staff has met with the lighting manufacturer and electrical contractor to review specifications for the installation of the lighting system. Engineered drawings are being finalized for submittal with the contract documents. Staff also met

Income Inequality - 861 Words

Income inequality has been a major issue in American history. There are many different factors that contribute to inequality. These include education, wealth, discrimination, ability, and monopoly power. Education and wealth have a big impact on income inequality. Education and wealth go hand in hand when talking about income inequality. When a family is more wealthy, they can afford a better education. One article from ACE states that â€Å"currently in America, getting a postsecondary degree—in particular a bachelor’s degree—generally results in higher incomes, greater job choice, satisfaction, and security, as well as other outcomes considered good for our society, such as voting and community service.† This is important because if†¦show more content†¦A sad fact that needs to be considered when looking at this is from an article that Kellogg Insight put out. It states, â€Å"black job seekers are offered—and accept—less compensation than white job seekers. In fact, racial discrimination among employers could account for at least a third of the raw wage gap between black and white workers.† This shows how discriminatio n impacts income inequality. Finally, workers abilities and monopoly power also have an impact on income inequality. Ability also creates income inequality. When someone is more able to do a job, they will get that job more easily than someone who is not capable of doing a job. This being said, someone who is only able to work a construction job will not be able to be a cancer researcher. The two jobs will have a different income connected to them. The cancer researcher will make more than the construction worker when it is broken down. This causes an income inequality because not all jobs pay the same amount. The average annual pay for a construction worker is anywhere between $21,139 according to PayScale. The average annual income for a cancer researcher is $61,662 according to PayScale. That is approximately $40,000 difference between the two. Monopolies also play a major role in income inequality. For one, it makes it harder for small business owners to make it. These small business owners don’t have the opportunity to have a business becauseShow MoreRelatedThe Inequality Of Income Inequality Essay2206 Words   |  9 Pagesâ€Æ' Abstract: One of the social issues concerning power, status, and class in American society today is income inequality. The income gap between the social classes has increased drastically throughout the last few decades, creating a significant gap between the wealthy and the poor. This gap has become so large that the middle class has nearly diminished, creating a social class comprised of the rich and the poor. The significant gap between the two social classes is unhealthy for the economy becauseRead MoreThe Inequality Of Income Inequality1229 Words   |  5 PagesIncome Inequality Income inequality has been a major concern around the world, and it mainly links to how economic metrics are distributed among individuals in a country. Economists generally categorise these metrics in wealth, income and consumption. Wilkinson and Picket (2009) showed in their studies that inequality has drawbacks that lead to social problems. This is because income inequality and wealth concentration can hinder or delay long term growth. In 2011, International Monetary Fund economistsRead MoreIncome Inequality3032 Words   |  13 PagesIncome inequality Name Date Abstract In any given population, there is a difference between what people within the population earn. The uneven distribution of income in any given population is income inequality. In order for there to be income, there has to be several sources of income. These sources of income may be combinational or independent per person receiving the income. Income may result from wages, rent, bank account interests, salaries or even profits made in business transactionsRead MoreInequality And Inequality Of Income Distribution988 Words   |  4 PagesInequality of Income Distribution in the United States Today, the average income of the richest 10% is 14 times that of the poorest 10% in the United States. Famous economist Milton Friedman argues that this inequality gap would eventually spur people to work harder and boost productivity. Others, who are not that optimistic, argue that the income inequality leads to a growing level of inequality of opportunity. For that reason, six in 10 Americans now say that only a few people at the top have anRead MoreEssay about income inequality33928 Words   |  136 PagesProfessor Douglas English 1-A 26 May 2013 Works Cited Dobelstein, Andrew W. Moral Authority, Ideology, And The Future Of American Social Welfare. [N.p.]: Westview Press, 1999. eBook Collection (EBSCOhost). Web. 15 May 2013. Frank, Robert. â€Å"Income inequality: Too Big to Ignore†. Graff, Gerald, Cathy Birkenstein, and Russel Durst. They Say, I Say: The Moves That Matter in Academic Writing : With Readings. New York: Norton, 2012. 432-447 Print. Murray, Harry. Deniable Degradation: The Finger-ImagingRead MoreIncome Inequality And Poverty989 Words   |  4 Pages â€Å"Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people† - Robert Higgs. When people think of income inequality they picture poverty and people not having basic necessities. However income inequality is not just a connection to the poor. Income inequality is stronglyRead MoreThe Problem With Income Inequality992 Words   |  4 Pagesbecause of the income inequality I assure to all those looking for the dream, inequality has always been there and we should not allow anything to stop us from achieving what we want. Like many working Americans, I never took the time to think about how income inequality affected us and how immense it has become. The problem with income inequality is its rapid increase, and the lack of effort to close that gap between the rich and the poor. According to Robert Franks in â€Å"Income Inequality: Too Big toRead MoreThe Issue Of Income Inequality Essay1496 Words   |  6 Pagesdeeply divisive issues in the United States is the question of income inequality: whether it exists and whether we are obliged to address it. The â€Å"American Dream† ideology which permeates most aspects of our daily life, influences an automatic response to income inequality to be that those at the bottom are not working hard enough and that those at the top have earned their wealth through hard work. These perceptions of poverty and inequality limit productive conversation that can lead to meaningful changeRead MoreThe Ambiguity Of Income Inequality1143 Words   |  5 PagesThe A mbiguity of Income Inequality Pundits say that income inequality has been one of the greatest downturns of our country’s growth and development, however a puzzle exists where economics and politics meet that does not make the solution to income inequality easy to find. Political leaders, economists, and bankers all agree that policies have appealed more to the interests of the governing class than those of the ordinary people. The comments surrounding this topic mostly stem from the strongRead MoreIncome Inequality And The Distribution Of Wealth And Income1705 Words   |  7 PagesIncome Inequality Income inequality is the extent to which income is distributed unevenly in a country, it measures by what extent is the distribution of income within a country deviating from perfect equality. It is an important measure to determine the fairness in a country and the social outcome in a country such as the level of corruption, crime rate and poverty. Countries make use of the Lorenz curve to help show the graphical representation of the distribution of wealth and income. â€Å"Income

Kindness Positive Psychology and Old Lady Free Essays

Doing kindness to a perfectly stranger?.. how would I feel? well, I felt a sense of fullfiment and satisfaction. We will write a custom essay sample on Kindness: Positive Psychology and Old Lady or any similar topic only for you Order Now I was with my mother and sister the day when we visited a trade fair in La trinidad, the sun was high,twas’12pm, we were of course famished but we decided to quench first our thirst, we ordered halo halo from one of the stalls there. We joined a table where two girls were quitely enjoying their halo halo.. suddenly an old lady approached them, I overheard the old lady telling them that she was hungry,.. he old lady just stood there completely stoned, as in she was just standing in front of them while the two girls ignored her and continued whatever conversation that they were having maybe waiting for something,,,i thought those two girls were heartless, the woman was just like their mom already, so what I did was, I went to buy her pansit. The seller asked me if the old lady was disturbing us, I said no that it was completely fine, that she was just hungry that’s all. I then gave the pansit to the lola, she ate, then left.. no thank you or anything.. Though I heard no thank you from that lola, I felt happy anyway, knowing that the pansit filled her stomach and that maybe she is grateful somewhere in her heart. My point is, helping someone may it be for little things or for big, it will somehow give you a sense of worth for your existense†¦ that YOU EXIST FOR A PURPOSE!!! FGeXIST FJJEXEXIST FOR A PURPOSE! 🙂 How to cite Kindness: Positive Psychology and Old Lady, Papers

Music Unit Text Essay Example For Students

Music Unit Text Essay Please complete the following questions. It is important that you use full sentences and present the questions and answers when you submit your work. Submit the work as a file attachment. This means you complete all work in a word processing document (e. G. , Microsoft Word) and attach the file using the dropped tool. Use tennis 2 Text Questions dreamboats. The answers to the Review Critical Thinking questions are worth points. Review Questions What is popular music What theme does pop music typically use in the lyrics Describe one pop song that sees this theme. Why is this theme such a popular one What is disco What are the characteristics of this music What was the British Invasion Which famous group was a part of this movement What impact did the group have on pop music What is a boy band What are some characteristics of a boy band Critical Thinking Questions Some of the music in the sass was used to protest social and political issues. Is music still used as a form of protest Why or why not One of the changes in the music industry urine the twentieth century was the increasing centralization of music. Has music become too commercial Why or why not Do you think that artists are creating music for money or for other reasons today How has technology impacted pop music Describe at least three technological changes that impacted and shaped pop music today or in the past. Pop music has often been seen as youth music. Why do you think pop music appeals to younger individuals How has the industry promoted this idea What is one popular pop artist or group (from today or from the past) Why does his person/groups music fit into the pop genre Why do you think the person/group was successful with their music Discussion Questions Please post questions and answers on the UNIT TWO discussion boards.