McBride Financial Services Essay Example | Topics and Well Written Essays - 2000 words

McBride Financial Services - Essay Example In short, the problems of the firm are integral since the management organ of the firm has adopted customs that are not in line with the international standards of corporate governance. The firm is experiencing many challenges at the start up stage since it is a private and small firm. Unlike many brokerage firms, the management of the institution has a limited experience in the brokerage industry, and this can result to a downfall of the industry. The chief executive officer is one of the key challenges to the achievement of the firm since he is the owner of the firm and, as a result, there will be a tendency of putting his own interests first. McBride being the chief executive officer and the chairman of the board will have a significant influence on the decision made by the board of directors as well as the management team (Fayol, 1949). This is because being the head of the two organs he can refuse a decision that is not favourable to his own interest. Commercial analysts have cr iticized the organization for its inability to comply with the rules of investment and borrowing funds from beltway investment. Beltway investment on the other hand, emphasizes that; all the firms that seek any assistance from it must comply with all the requirements of investment, failure to which the application of the assistance will be null and void. The management of McBride investment is willing to obey and follow all the requirements of Beltway Investments. The management strategy of beltway investment seems to have some doubtful professional standards though McBride seriously opposes the perception. Beltway investment grants firm the freedom to manage on their own style. It emphasizes on the universal standards of corporate governance, and any equity based compensation plans in line with the achievement of the firm’s objectives. There should be no any form of discrimination. Even though McBride is seeking to fully comply with beltway investment he insists that his dec ision on the directors and the management

Leadership Personal Issues and the Rules of Law Assignment - 1

Leadership Personal Issues and the Rules of Law - Assignment Example The inclusion of educational requirements and training in the American law enforcement docket has revolutionized the entire practice.  Several laws have been enacted to facilitate smooth functionality and implementation of the transformation policies in the American law enforcement system. Presently, the law enforcement in America is perceived as a professional and not just a mere occupation. The education system has been restructured to facilitate training of police officers into various capacities. An analysis of the recruitment process of the police officers depicts that college graduates are being recruited to work in the police force (Duignan, 2012). From this observation, it can be deduced that the police force has been revolutionized as far as education is concerned. However, some critics despise the act of recruiting college graduates in the police force. Their argument is that the street recruits are better in the field than the college graduates. In essence, they complain that college graduates are good in paperwork but poor in the practical field. It is imperative to note that dealing with criminals requires the police officers to be knowledgeable to make the process of tracking down offenders. In this regard, the benefits of recruiting police officers with college degrees cannot be ignored. There are some basic terms in law enforcement that are sometimes challenging for the common citizen to understand. Some of these terms are arrest, seizure, and searches that many be warranted or unwarranted. It is usually significant to understand these terms to avoid being caught on the wrong side of the law. Research has shown that many people have found themselves on the extreme side of the law due to ignorance of the various terms used in law enforcement (Hall, 2012). An arrest can be described the practice, by law enforcement officers, of depriving an individual liberty to facilitate investigations or to prevent crime and presenting the arrested

Abnormality - deviating from what is normal Essay Example for Free

Abnormality deviating from what is normal Essay The meaning of abnormality is deviating from what is normal, this sounds simple enough, but what do we classify as being normal. Statistical infrequency is one approach of trying to define normal and abnormality by using statics to identify certain behaviors within a population and does this correctly, but it does not however identify which behaviors within a population need treatment (undesirable). For example trait anxiety, someone with high trait anxiety would be advise to have some sort of treatment, however someone with low trait anxiety is hardly clinical abnormality and could be desirable. So there would be seen to be a glitch in this definition of abnormality, as it does not define how behaviors maybe seen as desirable or undesirable. Furthermore against this definition of abnormality is that the statics only relate to one source of population and does not apply to any other age groups or cultures. Two more attempts of defining abnormality are the Failure to Function Adequately theory and also the Deviation From Social Norms. Failure to Function Adequately basically means unable to perform a normal state of every day living, and it is the social groups them selves that contribute to determine what is a normal state of living, and if an individual is unable to function adequately, that would suggest that they have a abnormal behavior. Rosenhan Seligman (1989) suggested seven concepts of abnormal behavior, that by then selves would not suggest someone is abnormally but if one or two of the behaviors did occur then the individual would be seen as being abnormal. The seven concepts of behavior that Rosenhan Seligman came up with was: Suffering-This is a key feature to abnormality but yet almost all normal individuals endure suffering, for example losing a loved one. Maladativeness- This behavior prevents the individual of making major life goals, for example creating a good relationship with another or unable to work efficiently. Vividness and unconventionality of behavior- This behavior is aimed at when an individual behaves differently in situations to those surrounding them. Unpredictability and loss of control- Abnormal individuals behavior is often uncontrollable. Observer discomfort-This is even the observer fells uncomfortable with another individuals behavior. This concept of behavior may differ between other cultures. Violation of moral and ideal standards-this behavior concerns the established moral standards within a population, but the majority of people may fail to maintain those standards.

History of Googles Development

History of Googles Development 1.1.0 HISTORY OF GOOGLE Google began in January 1996, as a research project by Larry Page, who was soon joined by Sergey Brin, when they were both PhD students at Stanford University in California. They hypothesized that a search engine that analyzed the relationships between websites would produce better ranking of results than existing techniques, which ranked results according to the number of times the search term appeared on a page. Their search engine was originally nicknamed BackRub because the system checked backlinks to estimate the importance of a site. A small search engine called Rankdex was already exploring a similar strategy. Convinced that the pages with the most links to them from other highly relevant web pages must be the most relevant pages associated with the search, Page and Brin tested their thesis as part of their studies, and laid the foundation for their search engine. Originally, the search engine used the Stanford University website with the domain google.stanford.edu. The domain google.com was registered on 15 September 1997, and the company was incorporated as Google Inc. on 4 September 1998 at a friends garage in Menlo Park, California. The total initial investment raised for the new company amounted to almost $1.1 million, including a $100,000 check by Andy Bechtolsheim, one of the founders of Sun Microsystems. Both Brin and Page had been against using advertising pop-ups in a search engine, or an advertising funded search engines model, and they wrote a research paper in 1998 on the topic while still students. However, they soon changed their minds and early on allowed simple text ads. In March 1999, the company moved into offices in Palo Alto, home to several other noted Silicon Valley technology startups. After quickly outgrowing two other sites, the company leased a complex of buildings in Mountain View, California at 1600 Amphitheatre Parkway from Silicon Graphics (SGI) in 2003. The company has remained at this location ever since, and the complex has since come to be known as the googolplex (a play on the word googolplex). In 2006, Google bought the property from SGI for $319 million. 1.1.1 Name of Google The name Google originated from a misspelling of the word googol, which refers to 10100, the number represented by a 1 followed by one hundred zeros. Having found its way increasingly into everyday language, the verb google was added to the Merriam Webster Collegiate Dictionary and the Oxford English Dictionary in 2006, meaning to use the Google search engine to obtain information on the Internet. 1.1.2 Growth of Google While the primary business interest is in the web content arena, Google has begun experimenting with other markets, such as radio and print publications. On 17 January 2006, Google announced the purchase of a radio advertising company dMarc, which provides an automated system that allows companies to advertise on the radio. This will allow Google to combine two niche advertising media-the Internet and radio-with Googles ability to laser-focus on the tastes of consumers. Google has also begun an experiment in selling advertisements from its advertisers in offline newspapers and magazines, with select advertisements in the Chicago Sun-Times. They have been filling unsold space in the newspaper that would have normally been used for in-house advertisements. 1.2.0 GOOGLE PRODUCTS AND SERVICES Google product development philosophy involves rapid and continuous innovation, with frequent releases of early-stage products that they then iterate and improve. Google often make products available early in their development stages by posting them on Google Labs, at test locations online or directly on Google.com. If their users find a product useful, they promote it to beta status for additional testing. Once they are satisfied that a product is of high quality and utility, they remove the beta label and make it a core Google product. Their main products and services are described below. 1.2.1 Google.com Search and Personalization They are focused on building products and services on the Google web sites that benefit their users and let them find relevant information quickly and easily. These products and services include: Google Web Search, In addition to providing easy access to billions of Web pages, they have integrated special features into Google Web Search to help people find exactly what they are looking for on the web. Google Image Search, Google Image Search is a searchable index of images found across the web. To extend the usefulness of Google Image Search, Google offers advanced features, such as searching by image size, format and coloration and restricting searches to specific web sites or domains. Google Video, Google Video lets users upload, find, view and share video content worldwide. iGoogle and Personalized Search, iGoogle connects users to the information that is most useful and important to them in an easy-to-use and customizable format. Users add gadgets and themes created by Google and developers to create a powerful and personalized homepage and arrange the content the way they want. 1.2.2 Application Information created by a single user becomes much more valuable when shared and combined with information from other people or places. Therefore their strategy for products Google develop in this space is simple: develop tools for their users to create, share and communicate any information generated by the user, thus making the information more useful and manageable. Examples of products Google have developed with this strategy in mind include: Google Docs, Google Docs allows their users to create, view and edit documents, spreadsheets, and presentations from anywhere using a browser. These documents are useful to their users as they are accessible anywhere internet access is available, manageable as they are stored within their servers and automatically backed up, and shareable in that they allow real time editing with co-workers and friends over the internet. Gmail, Gmail is Googles free webmail service that comes with built-in Google search technology to allow searching of emails and over seven gigabytes of storage, allowing users to keep their important messages, files and pictures. Google serve small text ads that are relevant to the messages in Gmail. Orkut, Orkut enables users to search and connect to other users through networks of trusted friends. Users can create a profile, personal mailboxes, post photos and join or manage online communities. Google Sites, Google Sites allows users to easily create, update and publish content online without technical expertise, with control over who can see and update the site. Google Sites supports a variety of information such as videos, calendars, presentations, spreadsheets, discussions and texts. YouTube, YouTube is an online community that lets users worldwide uploads, share, watch, rate, and comment on videos, from user generated, niche professional, to premium videos. YouTube is also a video platform providing general purpose video resources to the web community. YouTube videos are embedded in blogs, social networks and web applications, and YouTube programming interfaces are utilized by many registered developers to create third-party products and services. In addition, YouTube offers a range of video and interactive formats for advertisers to reach their intended audience. 1.2.3 Client Google Toolbar, Google Toolbar is a free application that adds a Google search box to web browsers (Internet Explorer and Firefox) and improves user web experience through features such as a pop-up blocker that blocks pop-up advertising, an autofill feature that completes web forms with information saved on a users computer, and customizable buttons that let users search their favorite web sites and stay updated on their favorite feeds. Google Chrome, Google Chrome is an open-source browser that combines a minimal design with technologies to make the web faster, safer, and easier to navigate. Google Desktop, Google Desktop lets people perform a full-text search on the contents of their own computer, including email, files, instant messenger chats and web browser history. Users can view web pages they have visited even when they are not online. Google Desktop also includes a customizable Sidebar that includes modules for weather, stock tickers and news. 1.2.4 Google GEO-Maps, Earth and Local Google Earth, Google Earth lets users see and explore the world and beyond from their desktop. Users can fly virtually to a specific location and learn about that area through detailed satellite and aerial images, 3D topography, street maps and millions of data points describing the location of businesses, schools, parks and other points of interest around the globe. Google Earth includes Sky, an astronomical imagery library with images of over 100 million stars and 200 million galaxies, and Ocean, with a detailed bathymetric map of the earths ocean floors. Google Maps, Google Maps helps people navigate map information. Users can look up addresses, search for businesses, and get point-to-point driving directions-all plotted on an interactive street map or on satellite imagery. Google Maps includes Street View, 360-degree street-level imagery available in several regions around the world, and Google Transit, which provides up-to-date information on local transit options in many cities. 1.3.0 GOOGLE FINANCIAL STATUS TO DATE The first funding for Google as a company was secured in August 1998 in the form of a $100,000 USD contribution from Andy Bechtolsheim, co-founder of Sun Microsystems, given to a corporation which did not yet exist. On June 7, 1999, a round of equity funding totaling $25 million was announced; the major investors being rival venture capital firms Kleiner Perkins Caufield Byers and Sequoia Capital. In October 2003, while discussing a possible initial public offering of shares (IPO), Microsoft approached the company about a possible partnership or merger. However, no such deal ever materialized. In January 2004, Google announced the hiring of Morgan Stanley and Goldman Sachs Group to arrange an IPO. The IPO was projected to raise as much as $4 billion. On April 29, 2004, Google made an S-1 form SEC filing for an IPO to raise as much as $2,718,281,828. In May 2004, Google officially cut Goldman Sachs from the IPO, leaving Morgan Stanley and Credit Suisse First Boston as the joint underwriters. They chose the unconventional way of allocating the initial offering through an auction (specifically, a Dutch auction), so that anyone would be able to participate in the offering. The smallest required account balances at most authorized online brokers that are allowed to participate in an IPO, however, are around $100,000. In the run-up to the IPO the company was forced to slash the price and size of the offering, but the process did not run into any technical difficulties or result in any significant legal challenges. The initial offering of shares was sold for $85 per share. The public valued it at $100.34 at the close of the first day of trading, which saw 22,351,900 shares change hands. Googles initial public offering took place on August 19, 2004. A total of 19,605,052 shares were offered at a price of $85 per share. The sale raised US$1.67 billion, and gave Google a market capitalization of more than $23 billion. The vast majority of Googles 271 million shares remained under Googles control. Many of Googles employees became instant paper millionaires. Yahoo!, a competitor of Google, also benefited from the IPO because it owns 2.7 million shares of Google. Googles revenue growth rate has been slowing, but for the first time since it went public, the companys quarter-to-quarter revenue declined. The company, as is customary, reported results that most business only dreams of, recession or not. Its net income grew 8 percent to $1.42 billion and its revenue, excluding commissions paid to advertising partners, grew 10 percent to $4.07 billion. It generated free cash flow of $2 billion for the quarter, the vast majority of it derived from money advertisers pay Google when people click on ads next to search results. But everything is most definitely not coming up roses. Googles revenue, after ascending steadily quarter after quarter, peaked in the fourth quarter and declined 3 percent in the first quarter. Googles business is still relatively strong, and its been hit by the recession less than many in the tech world, but its been hit nonetheless. 1.4.0 CULTURE AND EMPLOYEES Google take great pride in their company culture and embrace it as one of their fundamental strengths. Their culture encourages the iteration of ideas to address complex technical challenges. In addition, Google embrace individual thinking and creativity. As an example, Google encourage their engineers to devote as much as 20% of their time to work on independent projects. Many of their significant new products have come from these independent projects, including Google News, AdSense for content and Orkut. Google began as a technology company and have evolved into a software, technology, internet, advertising and media company all rolled into one. Google take technology innovation very seriously. Google compete aggressively for talent, and its people drive their innovation, technology development and operations. Google strive to hire the best computer scientists and engineers to help us solve very significant challenges across systems design, artificial intelligence, machine learning, data mining, networking, software engineering, testing, distributed systems, cluster design and other areas. Google work hard to provide an environment where these talented people can have fulfilling jobs and produce technological innovations that have a positive effect on the world through daily use by millions of people. Google have assembled what Google believe is a highly talented group of employees. Despite their rapid growth, Google constantly seek to maintain a small-company feel that promotes interaction and the exchange of ideas among employees. Google try to minimize corporate hierarchy to facilitate meaningful communication among employees at all levels and across departments. Google believe that considering multiple viewpoints is critical to developing effective solutions, and Google attempt to build consensus in making decisions. While teamwork is one of their core values, Google also significantly reward individual accomplishments that contribute to their overall success. As Google grow, Google expect to continue to provide compensation structures that are more similar to those offered by start-ups than established companies. Google focus on very significant rewards for individuals and teams that build amazing things that provide significant value to us, their advertisers and their users. At December 31, 2008, Google had 20,222 employees, consisting of 7,254 in research and development, 8,002 in sales and marketing, 3,109 in general and administrative and 1,857 in operations. All of Googles employees are also equity holders, with significant collective employee ownership. As a result, many employees are highly motivated to make the company more successful. 1.5.0 GOOGLE BUSINESS MODEL As with its technology, Google has chosen to ignore conventional wisdom in designing its business. The company started with seed money from angel investors and brought together two competing venture capital firms to fund its first equity round. While the dotcom boom exploded around it and competitors spent millions on marketing campaigns to build brand, Google focused instead on quietly building a better search engine. The word quickly spread from one satisfied user to another. With superior search technology and a high volume of traffic at its Google.com site, Googles managers identified two initial opportunities for generating revenue: Advertising Search services 1.5.1 Google grows and business blooms Over time, these two business lines evolved into complementary networks. Google AdWords advertisers create ads to drive qualified traffic to their sites and generate leads. Google publishing partners deliver those ads targeted to relevant search results powered by Google AdSense. With AdSense, the publisher shares in the revenue generated when readers click on the ads. For sites wishing to have more control over their intranet or site searches, Google developed the Google Search Appliance, a scalable and secure appliance that delivers accurate search results across any number of documents. Google continues to think about ways in which technology can improve upon existing ways of doing business. New areas are explored, ideas prototyped and budding services nurtured to make them more useful to advertisers and publishers. However, no matter how distant Googles business model grows from its origins, the root remains providing useful and relevant information to those who are the most important part of the ecosystem the millions of individuals around the world who rely on Google search to provide the answers they are seeking. 1.5.2 Google AdWords for Advertisers Google designed AdWords for advertisers who want to reach a qualified audience as efficiently as possible. Advertisers select their own target keywords and only pay when customers click on their ads. Its easy to create ad text and manage online advertising accounts with no large upfront payment required. All thats needed is five minutes and a credit card. The ads appear across Googles growing roster of partners, including thousands of sites from America Online to the Washington Post, and are targeted to relevant search and content pages. Googles experienced sales and service team optimize campaigns for our larger advertisers. Our staff of AdWords experts work with advertisers to select the appropriate keywords and generate the matching creative, then carefully monitor the campaign to improve its performance over time by winnowing keywords and rewriting copy based on what is most effective. Theres no limit to the number of keywords that an advertiser can select and each keyword can be matched with a different creative execution. Recent advertisers include Amazon, Cisco Systems and Staples. Google provides all of its advertisers with a full complement of reporting services to enable fine tuning of campaigns and real-time intelligence about which components are performing best. Advertisers can further increase efficiencies by targeting their campaigns to specific geographies or languages. 1.5.3 Google AdSense and advertisers Google believes relevant advertising can be as useful as search results or other forms of content. And that advertising can enhance the experience for visitors to a publishers website, while helping publishers recover some of their investment in creating content of value. Google AdSenseâ„ ¢ combines Google Search technology with our base of keyword advertisers to deliver ads that precisely target search results or the content on a sites pages, no matter how specialized the subject matter. Advertisers, publishers, and information seekers all profit as a result. Signing up for AdSense is easy it only takes a few minutes to apply. And our sales team helps customize the program for sites receiving more than 20 million page views a month. AdSense serves relevant ads on content pages search result and content pages as well as dormant domain pages. Google Search Services enable publishers to provide Google web search on their own pages results that can be used to generate revenue with the AdSense for Search program The Google Search Appliance, a scalable and secure device that provides Google quality search across an individual website or intranet. Google Wireless Services deliver Google search results via PDAs, wireless phones and other mobile devices powered by many of the worlds leading wireless service providers. .1.0 GOOGLE GLOBAL MARKET SHARE Not only does Google continue to dominate the global search market, its also growing faster than any of its competitors, according to data from comScore. The audience measurement firm estimates that Google sites notched up a total of 76.7 billion searches during the month of July 2009, an increase of 58 percent over July 2008. Googles search product therefore continues to govern the global search landscape, accounting for over 67 percent of all queries worldwide, comScore suggests. In comparison, Yahoo and Microsoft which agreed to a ten-year search partnership in July attracted a joint total of 12.2 billion queries through their search services, which represents just 10.7 percent of queries globally. Microsofts product did, however, experience substantial year-on-year growth of 41 percent. 2.2.0 GOOGLE KEY TECHNOLOGIES Google web search technology uses a combination of techniques to determine the importance of a web page independent of a particular search query and to determine the relevance of that page to a particular search query. 2.2.1 PageRank Technology PageRank reflects our view of the importance of web pages by considering more than 500 million variables and 2 billion terms. Pages that we believe are important pages receive a higher PageRank and are more likely to appear at the top of the search results. PageRank also considers the importance of each page that casts a vote, as votes from some pages are considered to have greater value, thus giving the linked page greater value. We have always taken a pragmatic approach to help improve search quality and create useful products, and our technology uses the collective intelligence of the web to determine a pages importance. 2.2.2 Hypertext-Matching Analysis Our search engine also analyzes page content. However, instead of simply scanning for page-based text (which can be manipulated by site publishers through meta-tags), our technology analyzes the full content of a page and factors in fonts, subdivisions and the precise location of each word. We also analyze the content of neighboring web pages to ensure the results returned are the most relevant to a users query. Our innovations dont stop at the desktop. To give people access to the information they need, whenever and wherever they need it, we continue to develop new mobile applications and services that are more accessible and customizable. And were partnering with industry-leading carriers and device manufacturers to deliver these innovative services globally. Were working with many of these industry leaders through the Open Handset Alliance to develop Android, the first complete, open, and free mobile platform, which will offer people a less expensive and better mobile experience. 2.2.3 Life of a Google Query The life span of a Google query normally lasts less than half a second, yet involves a number of different steps that must be completed before results can be delivered to a person seeking information. 2.2.4 Infrastructure Google provides their products and services using their homegrown software and hardware infrastructure, which provides substantial computing resources at low cost. Google currently use a combination of off-the-shelf and custom software running on clusters of commodity computers. Their considerable investment in developing this infrastructure has produced several benefits. This infrastructure simplifies the storage and processing of large amounts of data, eases the deployment and operation of large-scale global products and services, and automates much of the administration of large-scale clusters of computers. Although most of this infrastructure is not directly visible to their users, Google believe it is important for providing a high-quality user experience. It enables significant improvements in the relevance of their search and advertising results by allowing us to apply superior search and retrieval algorithms that are computationally intensive. Google believe the infrastructur e also shortens their product development cycle and lets us pursue innovation more cost effectively. 2.3.0 QUALITY OF PERSONNEL Google is among the most successful Internet-based businesses and companies since the booming dotcoms years in late 1990s and remains to be a leader to date. The success of the Google is rooted on its outstanding organisational practices and core competencies. Googles formula of success is not only its competent technology but also its aggressive ability to come-up with both innovative and profit-oriented projects. Innovation is very critical among the members of its workforce since it operates in global environment.Managing global environment requires managers the ability to manage change through innovation and creativity. The innovative capability of Google combined with integrated process and a supportive culture creates sustainable competitive advantage. Among the considered high-leverage innovators, Google excels in ideation with overall adeptness and competence across all four stages of the innovation value chain. For example, (2007) describes Google as search engine leader tha t creates new-fangled ideas with intense speed or what they call the 70-20-10 Rule where the staff particularly engineers are encouraged to use 70 percent of their working time on central business functions, 20 percent on related business functions, and 10 percent on areas entirely of their own choice. Larger organisations like Google, in contrast to small ones are faster in adoption of innovations because of greater access to resources and need for strategic planning. Due to the stiff competition among Internet companies, the encouragement of innovation and creativity is inherent to Google. Innovation as a ground for doing business in the 21st century will be the consistent tugging force that the organisation must either strive to adopt or suffer the consequences of being left behind by competitors. The Googlers (employees) are motivated to contribute their suggestions, ideas, or anything that pertains to potential profit-gaining activities through various means like meetings, intr anet, and other forms of communication. In product development, they emphasise on the feasibility and user-friendliness of relevant ideas. The feasibility is supported by Googles aim of coming-up with something original and financially viable whereas the idea of user-friendliness works toward potential users. Through innovations, Google has expanded its services and features. Google today is no longer a search engine company but a web computing applications company. The upscale ability of Google is among its critical success factors that make it a sustainable competitive company in its specified industry. On the aspect of HRM, Google has a distinct recruitment procedure that is bounded on the increased importance on valued intelligence and brainpower more than experience. (2003) identified recruiting as part of the overall management function of staffing. Conversely, (2004) emphasised that staffing requires both the process of attracting and selecting potential personnel with exceptional capabilities and competencies to fill-in the company position available at hand. Recruiting potential Googlers are based on academic proficiency and human intelligence. The diversity of skills and qualities of applicants is recognised because Google management believes that it can contribute on its progression. There are also unique advertising techniques in job postings, effective referral system, and campus recruitment. Generally, Google upholds the key HRM functions namely; attracting a quality workforce, developing a quality workforce, and maintaining a quality workforce. 2.4.0 GOOGLE CAPITAL BASE REVENUE STREAM Googles stock fell decidedly below the psychologically significant mark of $300 per share at one point. The stock has fallen 60% overall from its high near $720 and sits near its 2004-2005 prices. Despite this, Google remains a global leader in search, internet advertising, and has its finger on the pulse of innovative web services. Googles earnings powerand Googles search share remain intact in the long. Does that mean the shares necessarily imply a great risk-reward tradeoff now? For perspective, lets take a look at Googles performance and its stock performance over a similar period. Overall, Googles stock grew at a 93% CAGR from its IPO in 2004 until 2007. Even including the precipitous drop in 2008, the stock has grown at a 30% CAGR. Since 2003, Google has grown its revenue at a 72.6% CAGR and its net income at a 109.1% CAGR. Roughly normalizing to the 2004-2008 time period, Googles revenue and net income have grown at 62% and 80% CAGR, respectively. Its clear that Googles stock grew relatively in line with its net income, in fact, even at its peak Googles stock growth never outpaced its net income growth rate thus implying that wild multiple expansion was not responsible for investor returns over the last five years. Unfortunately, with the changing economic outlook, the market seems to be pre-emptively punishing Google for slowing growth. If the current share price holds, the implication is that the Company will not grow net income from 2008 levels for another three years assuming that a stocks return (30% CAGR) trends towards the long term growth rate of a company. This return scenario seems compelling for a long term investor, but given that we remain dependent on growth for our returns as opposed to any fundamental valuation. Its hard to ascertain whether or not the stock current price represents a reasonable entry point. Now, let us try to look at the overall strengths and weaknesses of Googles market, technology, personnel and capital base and revenue stream. 2.5.0 Googles Strengths Google Already number one search engine has established a brand name, in which its users trust. Its dependable, reliable and fast. Google needs very little end user marketing as the name itself is getting word by mouth publicity. Google has a simple interface and it gives comprehensive results without confusing its users. Google has low operation cost as it uses low cost UNIX web servers for indexing millions of web pages across internet. Google has hired PhDs who are continuously working hard in order to enhance search algorithms and make searching faster, efficient and relevant. Google provides an interface to 177 languages to make it comfortable to search for its users in different countries. Google uses state of the art search technology to index pages regularly in order to give most updated results to its users. Google also weights the votes and ranks web pages with its PageRank technology to give its user access to most important pages first. Google is not biased towards advertisers. It clearly separates relevant advertisements and actual results by giving Sponsored Links tag to sponsored results when user searches to get information with some keyword. Moreover, it also ranks sponsored links to keep most relevant sponsored links on the top. Google offers localized search called search by location where users can get results showing vendors, products and services nearby their areas. Google also has a range of innovative additional services like Images, Groups, Directory, and News

Waste Water Management in the Philippines :: essays research papers

I. INTRODUCTION   Ã‚  Ã‚  Ã‚  Ã‚  This report aims to discuss and to enrich the reader’s knowledge on the proper desludging and disposal of waste accumulated from septic tanks. The information gathered here is vital as it provides a culture of awareness to everyone on how wastewater is disposed of. Wastewater comes from everywhere; from our residences to our workplaces, even public places. Filipinos as we are, have been known to be hygienic yet we know little of what happens when our used water is flushed to the drain until it’s carried off to treatment plants. It is imperative that we, as citizens, must have an idea on how the whole process works and how beneficial/ detrimental it is to the people and to our environment.   Ã‚  Ã‚  Ã‚  Ã‚  Before we continue with this paper, we must define some of the important terms used in this report. A Septic Tank is a watertight container which receives the discharge of a plumbing system. It was designed and constructed to separate solids from the liquid; digest the organic matter and allow the liquid waste to discharge in a storm drain. It is used to provide a storage place so as to give opportunity for the bacteria to reduce all solids to liquid form, and to provide a breeding place to increase the number of bacteria to accelerate the decomposition of solids. Desludging is the process of removing or vacuuming the septic tank content. The septic tank content or Septage, is the combination of scum (masss that floats on the tank surface), sludge (solids that settled on the bottom) and liquid pumped out from a filled-up septic tank. II. BACKGROUND OF THE STUDY (REVIEW OF RELATED LITERATURE)   Ã‚  Ã‚  Ã‚  Ã‚  In August 1997, the Ayala-led Manila Water Company took over the East Zone of Metro Manila from the government-owned Metropolitan Waterworks and Sewerage System through a 25-year concession agreement, while the Lopez-led Maynilad Water Services took over the West Zone. According to some studies before this study was made, about 76 percent of the water supply for Metro Manila comes from the Angat Reservoir, with the rest of the supply coming from the Ipo and La Mesa Watersheds and from groundwater. The Ipo and La Mesa Watersheds contribute about 14 percent and seven percent of the total supply, respectively, while only about three percent comes from groundwater. Only three percent of the East Zone is connected to the sewerage system, which also is connected to the treatment plant.

Julius Caesar: Brutus Vs. Cassius Essay -- essays research papers

Contrasting Characters In Shakespeare’s The Tragedy of Julius Caesar, Brutus and Cassius are contrasting characters. They differ in the way they perceive Antony as a threat to the assassination plot, their dominance in personality, and their moral fiber. In Julius Caesar, Brutus is the more naà ¯ve, dominant and noble character, while Cassius is the more perceptive, submissive, and manipulative person. Brutus and Cassius are very different in the way they perceive Antony. Brutus is very trusting and naà ¯ve when he judges Antony. When the subject of killing Antony comes up among the conspirators, Brutus underestimates how dangerous Antony could be and says, â€Å"For Antony is but a limb of Caesar†(2.1.178). This statement means Brutus does not think it is necessary to kill Antony and he thinks that without Caesar, Antony is worthless. Another incident where Brutus misjudges Antony is when he allows Antony to speak at Caesar’s funeral. Brutus trusts that Antony will not say anything bad about the conspirators or him: â€Å"What Antony shall speak I will protest/ He speaks by leave and by permission, / And that we are contented Caesar shall/ Have all true rites and lawful ceremonies. / It shall advantage us more than do us wrong†(3.1.263-268). Brutus actually thinks that by letting Antony speak, the conspirators and he will have a better situation for themselve s because it will make their plot seem honorable. Cassius, on the other hand, is a very perceptive person; he sees how dangerous Antony can be. He notices that Antony is clever and that he might not be trustworthy. When Brutus suggests that they shouldn’t kill Antony, Cassius says if Antony outlives Caesar, â€Å"[They] shall find of [Mark Antony]/ a shrewd contriver† (2.1.170-171). When Brutus gives Antony the right to speak at Caesar’s funeral, Cassius pulls Brutus aside and says, †You know not what you do. Do/ not consent/ That Antony speak in [Caesar’s] funeral. / Know you how much the people may be moved/ by that which [Antony] will utter†(3.1.255-259)? Cassius sees that Antony is a powerful speaker and that if Antony speaks the people will side with him. This shows that Cassius has a much better idea of how dangerous Antony is. Although Cassius is correct on how dangerous Antony really is, Brutus’ ideas are used because Brutus is the more dominant character. In the play Cassius is the more passive character and ... ...proves Cassius is jealous and fears that Caesar will get to become king. He initiates an assassination plot and persuades Brutus to help him. After Cassius comments on how noble Brutus is, he talks about seducing Brutus into allying with him. To show that he says, â€Å"Therefore it is meet/ That noble minds keep ever with their likes; / For who so firm that cannot be seduced†(1.2.322-324). The word seduced itself means that Cassius is planning to trick Brutus into helping him. Again, Cassius shows his mischievous nature when he says how he is going to write false letters to Brutus and throw them in his window: â€Å"In several hands in at his windows throw, / As if they came from several citizens, / Writings, all tending to the great opinion that Rome holds of his name†¦Ã¢â‚¬  (1.2.227-230). This shows that Cassius is clever but not trustworthy. These examples prove that Brutus and Cassius differ between being noble and honorable, or conniving and mischievous. Brutus and Cassius have different ways of perceiving people, different personalities, and different values. They contradict each other in these three important ways, but together they play an important part in Shakespeare’s Julius Caesar.

Ethical Actions Worksheet Essay

†¢ Was there anything in either the University of Phoenix Student Code of Conduct or the Student Code of Academic Integrity that surprised you? If so, what was it? Why were you surprised? If not, why not? After reading the University of Phoenix Student Code of Conduct, like expected, I did not find any of the information contained within to be surprising. Like in any professional and sometimes even public settings, I expected nothing less from the University of Phoenix’ own Code of Conduct. The University of Phoenix Code of Conduct reflects that of many of the abovementioned settings in order to ensure an environment where when followed; the rules help ensure a positive learning and work environment where each and every individual can focus only on the tasks at hand, leaving behind any personal issues derived from unprofessionalism. †¢ What did you learn about the behaviors considered important for an ethical learner or student in the University of Phoenix learning community? I learned that in order to ensure a more positive learning environment, it is important for students who are enrolled at the University of Phoenix to always take into consideration whether or not their actions may be found offensive by other students. One must always keep in mind that what may not be found to be offensive by one individual, may offend another individual regardless of the similarities between the two. This is due to the various backgrounds and personal beliefs of students enrolled at the University of Phoenix. For example, one person of a particular racial background may find humor in a racial joke while another person of the same racial background may find the same joke to be offensive. †¢ Why are the Student Code of Conduct and Student Code of Academic Integrity important to you and the University of Phoenix learning community? The University of Phoenix Code of Conduct is important in order to achieve an environment where students can focus only on their main academic goals. The Code of Conduct minimizes distraction brought on to students when they are in an environment where their attention is focused on issues not of an academic nature. The University of Phoenix Student Code of Academic Integrity ensures that all students take advantage of the opportunity to learn new things, which in turn will be rewarding to each individual’s future. Academic Integrity ensures a safe and peaceful learning environment where students can focus on the studying.