e-mail and electronic mail :: essays research papers

The HackerIt was a lvirtuosoly Saturday night. The wind was howling through the branches of the old oak tree exterior my window. The branches swayed back and forth, creating faint tapping and screeching sounds on the glass. And so, I sat It was a night like any other my music playing in the dry land and the room was illuminated only by the changing shades of green from my lava lamp. I waited. Suddenly, a came from the system unit of my computer, signalling that it was ready. I sat in my bouffant leather chair, leant forward, and logged on. Immediately, the computer went through a series of programmes, checking the system was operating correctly, and so on. The status bar reached 100% and the computer was now ready for action. I sat with the bright glare in my eyes. The once room, once light by a perpetually changing shade of green, was now light up with a brilliant sky blue. Good evening, Dave. Would you like me to log on to the Internet? It was a synthesised voice coming from the computer. It was a voice interface I had made by piecing together things my girl friend had said. I had it on the computer to remind me of her, and to give me hope that one day I would observe her again. Hmmyeah, log me on. I said. My voice was grotty and weak. Although I had a voice interface, I rarely spoke, even though I used my computer 24/7, Id normally use the keyboard and mouse. Still, having a voice interface was pretty nifty, but I couldnt help but think that one day, it may not recognise my voice.it was getting worse by the day. The modem clicked. Log on complete. Have a nice day. It said. I almost skint down. I hadnt heard this voice for some time.it brought back memories. I had forgotten what she sounded likeShe? My god Id started to think that this tool was my girl friend. The late nights must be getting to me. I thought Thanks. I said. I could hardly stand itit felt like there was a rock in my throat you know the one I mean? When youre upset and you feel like your g oing cry? Well, anyway, I silly my knuckles, for no reason what so ever, knowing full well it could give me premature arthritis.

Friendship Essay: Where Would I be Without Friends? -- Friendship Essay

My personal definition of friendship is it is the people you surround yourself with, ca-ca an atrocious time with and laugh with. There are several qualities that go into a good friendship. There are often times when friends drift as well. My Friendships have played an extremely pregnant role in my life. I do not know where I would be without my friendships.Friends to me are the people you know and savor being around and talking to. There are the best friends that are usually closer than the others and you are always with. What I find most important is being able to laugh at anything with them and share common interests in humor. There has been much crazy, fun, maybe embarrassing memories that I have had with my friends. The best is when you locoweed be doing absolutely nothing and just be abl...

Heavens Gate Essay -- essays research papers

On March 26, 1997, in what has become known as one of the just ab turn out noteworthy mass self-annihilations in history, thirty-nine men and women affiliated with the Heavens Gate cult took their own lives by ingesting a combination of Phenobarbitals mixed with deoxyephedrine and alcohol. Each was dressed all in black, their faces covered by a purple shroud. Those who wore glasses had them neatly folded next to their body, and all had identification papers for the politics to find. The house was immaculate, tidier even than before the victims had moved in. It was as if, in preparing for their death, they were heeding the words of the prophet Isaiah Set thine house in order for thou shalt die, and not live. And eon their abrupt end may seem rather strange, the way they lived is even more perplexing.The group came together in the mid 1970s under the magnetic preaching of Marshall Herff Applewhite, and his companion, Bonnie Lu Nettles, a former nurse. It enjoyed a short-lived bur st of notoriety, during which time they referred to themselves as Bo and Peep, before the couple took it underground in 1976. After existing in deep seclusion in various Southwestern cities, the group surfaced again briefly in 1994, when members sought out recruits with a series of public lectures. In the groups documents, Applewhite and Nettles are described as representatives of an extraterrestrial plane called the Kingdom of Heaven, who have come to Earth to offer the way steer to membership to those who could overcome their attachment to money, sex, and family life. Such total separation, the group preached, was necessary because Earths human structures --governmental, economic and, especially, religious-- were under the control of demonic forces Luciferians and evil space aliens, in the groups terms. In time, they began calling themselves the Two, a reference to the two witnesses of Christ foretold in the Bibles Book of Revelation. According to the Bible, the two witnesses are prophets who will be slain by a beast from the bottomless pit, then be resurrected and ascend to Heaven. They were both anti-establishment and intolerant, calling for total separation from society, simple living with shared resources, and adherence to a rigorous moral code. Applewhite also required members of the cult to dress, talk, and look the same. He made them all wear the same clothes, shaved ev... ...of the world turn violently against them, it added, the group would be mentally prepared for whatever came its way. They also allude to the example of the Jews at Masada who killed themselves rather than submit to Roman legions in A.D. 73. Furthermore, the group said its understanding of suicide was not at all conventional The true meaning of suicide is to turn against the Next Level when it is being offered. In the groups thinking, a spaceship, thought to be quest in Hale-Bopps wake, would be offering just such an opportunity. In conclusion, the entire aura of the Heavens Ga te cult seems like something straight out of a late night TV movie. Like most millennialist groups, members held a firm belief in an oncoming apocalypse and that only an elect hardly a(prenominal) would achieve salvation. The spread of their doctrine on the Internet brought about widespread concern over the power of the web. The argument has subsided, however, with the passage of time. I, for one, find the supposed have-to doe with between the Internet and cult activities rather absurd. Extreme gullibility and brainwashing, I believe, would be the only ways a recruit would ever accept such an outlandish set of beliefs.

Benjamin Franklin :: History

Benjamin FranklinIt is besides to understand what it took for Franklin to be such a famed and respectable man. When one takes a look at the world in which he currently lives, he sees it as being normal since it is so wordy in changing. When an historian looks at the present, he sees the effects of many events and many wise people. Benjamin Franklin is one of these people. His participation in so many distinct fields changed the world immensely. He was a noted politician as well as respected scholar. He was an important inventor and scientist. Particularly enkindle is the impact on the scientific world. Benjamin Franklin was a modest man who had had many jobs in his lifetime. This may help explain his large array of inventions and new-made methods of working various jobs. He did everything from making cabbage-growing more efficient to making political decisions to being the first person to study and chart the Gulf menstruum movement in the Atlantic Ocean. *Franklin was born in Boston, Massachusetts, on January 17, 1706. He was the fifteenth child in a family of seventeen kids. His parents, Josiah and Abiah Franklin, were hard working businesslike Puritan/Calvinist people. Josiah Franklin made candles for a living. Since the Franklins were so poor, little Benjamin couldnt afford to go to school for longer than cardinal years. In those two years, however, Franklin learned to read which opened the door to further education for him. Since he was only a fair writer and had very poor mathematical skills, he worked to tutor himself at home. Benjamin Franklin was a determined young man. As a boy, he taught himself to be a very good writer. He also learned basic algebra and geometry, navigation, grammar, logic, and natural and physical science. He partially mastered French, German, Italian, Spanish, and Latin. He was soon to be named the best educated man in the country. When he was 12-years-old, he was apprentice to his brother in printing. Benjamins brother fo unded the second news root in America. Many people told him that one newspaper was enough for America and that the paper would soon collapse. On the contrary, it became very popular. Occasionally, young Benjamin would write an article to be printed and slip it under the printing rooms door signed as anon.. The following is a direct quote from Franklins Autobiography. It describes his writing the articles as a boy.

Philippine War :: essays research papers

The Filipino WarI dont believe the Philippine War was justified. There are more vogues than war to solve the annexation of the Philippines. I agree on some of the policies, but not totally of the policies, that were in place during that clipping period. I believe the war was not justified for a number of reasons. The ratio of dead to wounded was higher than it was in the civil war which is considered one of the saddest wars in this countrys history. In the civil war, the ratio was one wounded to five killed, where as in the Philippine War, the ratio was one wounded to twelve killed. the States instead of trying to peacefully resolve the situation, decided that force was a more potent way to talk and guarantee control of the newly gained possession. I would use war as a last result, trying diplomacy first. It was good that the United States was freeing a country from an immoral government, but there are better ways to solve the controversy of what to do with the new annexation.T here were several policies in place at the time, some which were put into place before the war, some during the war, and some after. The ratification of the annexation process was long and difficult. There were debates as to how to transact the Filipino people. One suggestion was to treat the Filipinos as dependents, and not citizens, like the Native Americans came to be treated. Many of the imperialists believed that the Filipinos were savages and harsh policies would give America control. The anti-imperialists were not on the button sure whether to treat them as peers or to set them free. I would treat them as equals, as normal people, as they are like everyone else. At the time they might not have been as technologically advanced as we were, and their government may have seemed primitive to ours. I think we should have worked with them to back up create a government, rather than occupy and just take over.Another policy that occurred because of the war was the open door policy. America had much interest in Asia, and the Philippines provided a door to China. America viewed China as a weak country, and was afraid that other countries might attack China, take over, and exploit it. The annexation of the Philippines gave America the opportunity to protect china. So the Americans proposed an open door policy, where each country in the treaty were allowed a place of influence, where china had to respect the laws of the countries, but were allowed to see tariffs.

Philippine War :: essays research papers

The Philippine WarI dont conceptualise the Philippine War was justified. There are more ways than war to solve the appropriation of the Philippines. I agree on some of the policies, yet non all of the policies, that were in place during that time period. I believe the war was not justified for a number of reasons. The ratio of dead to wounded was higher(prenominal) than it was in the civil war which is considered one of the saddest wars in this countrys history. In the civil war, the ratio was one wounded to five killed, where as in the Philippine War, the ratio was one wounded to twelve killed. America instead of trying to peacefully resolve the situation, decided that force was a more unattackable way to talk and guarantee control of the newly gained possession. I would use war as a last result, trying diplomacy first. It was good that the unite States was freeing a country from an immoral government, but there are better ways to solve the controversy of what to do with the new annexation.There were some(prenominal) policies in place at the time, some which were put into place before the war, some during the war, and some after. The ratification of the annexation process was long and difficult. There were debates as to how to treat the Filipino people. One suggestion was to treat the Filipinos as dependents, and not citizens, like the Native Americans came to be treated. Many of the imperialists believed that the Filipinos were savages and harsh policies would give America control. The anti-imperialists were not exactly sure whether to treat them as peers or to set them free. I would treat them as equals, as normal people, as they are like everyone else. At the time they might not obligate been as technologically advanced as we were, and their government may have seemed primitive to ours. I think we should have worked with them to help create a government, rather than occupy and just take over.Another policy that occurred because of the war was the o pen door policy. America had much recreate in Asia, and the Philippines provided a door to China. America viewed China as a weak country, and was afraid that other countries might attack China, take over, and exploit it. The annexation of the Philippines gave America the opportunity to protect china. So the Americans proposed an open door policy, where each country in the treaty were allowed a place of influence, where china had to respect the laws of the countries, but were allowed to collect tariffs.

Karl Marx’s Communist Manifesto

Karl Marx In Karl Marx Communist Manifesto, he discusses his belief that with all of the Industrial Revolutions, and the stray forth from traditional social order and agriculture, that the governments that supporting these revolutions is surely setting themselves up for, economic, social, and political failure. He makes his point very clear that the new machines and technological advancements during this date will negatively affect the works class. As the skilled laborers quit their trades and move to Inner cities to get Jobs in factories, there will surely be no iodine to teach or learn hat trade therefore that trade becoming extinct.He likewise shows the bourgeois as the mall fountain for these new revolutions, and also how they ar headed down a path toward communism. The workers will fall entrapped Into their work, and after some time will feel they cannot leave nor grunt of harsh conditions or secondary wages, due the need to provide for their family. Marx shows that this will short term benefit the bourgeois due to the Increase demand for the goods and the low wages they are having to pay the workers, however long term this will bring them down.The reason he believes they will fall is due to workers only working to supply food and rent, therefore they wont be able to purchase any of the goods being made. He states that the machines doing all of the labor work will, in time, supplant workers and the bourgeois will be making products for people that have no money to buy them. Marx states that if there is any hope for society that there mustiness be a change back to the old ways of farming, cattle, and stopping external trade.It is the belief of Marx that if Hess changes arent made that we will also because a nation of one people and there will no longer be many different ideas, religions, and politics, which will lead to human extinction. Karl Mars Communist Manifesto By clamshells to home(a) cities to get Jobs in factories, there will surely be n o one to teach or learn main reason for these new revolutions, and also how they are headed down a path toward communism. The workers will fall entrapped into their work, and after some bourgeois due to the increase demand for the goods and the low wages they are

Reproductive Health in Nursing Essay

productive Health Bill was introduced by Congresswoman Bellaflor J. Angara -Castillo is also known as Reproductive Health Care make of 2002,assembled at Senateand House of Representatives of the Philippines, and now known as House Bill 5043 of 2008. Its been years since the bill was approved in the senate, due to some churchconflicts, biomedical ethical issues and some scientific enquiry conflicts.Today thereare still lots of Filipino citizen who are now fully aware about this bill and why this billwas imposed.Before I write this reaction paper I had to read the Bill twice and read somearticles, reaction and comments in the internet I had read books and research which isrelated to reproductive health, sex education and Bioethics, for me to fully understandwhat was the RH bill all about and the reason of the creation of this bill.Poverty, the main problems that the Philippine is facing today and they judge thatthe primary factors that lead to poverty is due to overpopulation, the P hilippines has apopulation of 64,318,120 in 1990.Today the population is ballooning and estimated toover 94 million according to latest census and the top 12 thcountry having the mostpopulation. The population is growing by about 2 percent a year, giving the Philippinesone of the worlds highest population-growth rates.This is one of the reasons of the creation of the Reproductive Health bill to give asolution to poverty by eradicating the overpopulation problem, by implementing familyplanning, sex education and prevent the sexually transmitted disease.

Managerial Functions Essay

Managers create and uphold an inner environment, commonly c every last(predicate)ed the organization, so that others can work efficiently. In any(prenominal) organization, a passenger vehicles job consists of planning, organizing, staffing, motivating, atomic number 82 and controlling the re seeds of the organization. These functions also include counseling and coordinating with subordinates and peers. These resources include mess, jobs or positions, technology, facilities and equipment, materials and supplies, information, and m one and only(a)y. Managers work in an energetic environment and must foresee and adapt to challenges. eight Managerial FunctionsPlanningPlanning involves selecting missions and objectives and the actions to compass them. It requires decision-making. For every organization, planning process is rational and agreeable to the scientific approach to problem solving. It consists of a logical and dictatorial series of steps. Managers of higher level have to f ollow these steps* Define the mission.* Conduct a situation analysis by assessing strengths and weaknesses and identifying opportunities and threats.* Set goals and objectives.* Develop connect strategies.* Monitor the plan.Almost every manager, junior or senior is involved in planning process, directly or indirectly. (Principles of Management)OrganizingIt is that part of managing that involves establishing an intentional structure of roles for people to fill in an enterprise. The purpose of the organizing function is to make the best use of the organizations resources to achieve organizational goals. Organizational structure is the formal decision-making shape by which job tasks are divided, grouped, and harmonized. It is the extent to which the units of the organization are explicitly defined and its policies, procedures, and goals are clearly stated. It is the official organizational structure envisaged and built by top management and supervisors. (Allen, 1998)LeadingIt influen ces people to strive willingly and passionately toward the accomplishment of organization and group goals. Since leadership involves the exercise of influence by one person over others, the quality of leadership showed by supervisors is a critical determinant of organizational success. If a manager is able to influence people to achieve the goals of the organization, without using his or her formal authority to do so, then the manager is demonstrating leadership. Thus, leading is a major part of a managers job. nonetheless a manager must also plan, organize, and control. Generally speaking, leadership deals with the interpersonal aspects of a managers job, whereas planning, organizing, and controlling deal with the administrative aspects. (Kevin & Jackie, 1996)StaffingManagers in all types of organizations are responsible for the human resources in their departments. Selecting competent, high-performing employees capable of supporting their performance over the long run is a compet itive advantage. The Staffing consists of forecasting employment needs, recruiting candidates, interviewing applicants, and hiring employees. The managers get up a team of job candidates from which to select qualified employees. The local labor market, the type or level of position and thesize of the organization decide which source is used to find prospective job candidates. (Allen, 1998)CoordinatingManager depends on collaboration from their employees, because without group support, the chance of achievement is slim. Effective supervisors empower employees by with child(p) them more decision making power and by seeking ideas from every worker. He is the liaison with external constituencies such as upper management, other internal teams, customers, and suppliers. It is the supervisors job to build and sustain an effective team. Managers, as team leaders, share information, trust others, surrender authority, and understand when to intrude. (Likert, 1967)MotivatingSince motivation influences productivity, manager understands what motivates employees to reach maximum performance. It is not an easy task to increase employee motivation because employees respond in different ways to their jobs and their organizations practices. Motivation is the preparation of processes that moves a person toward a goal. Thus, motivated behaviors are intentional choices controlled by the individual employee. The supervisor (motivator) wants to influence the factors that motivate employees to higher levels of productivity.CounselingIn any organization, managers use controls to cooperate employees achieve objectives. An employees problem performance is often related to non-job factors. The supervisor is in the best position to spot and handle problems when they arise. He can use counseling to provide relief for the troubled employee. Counseling is a behavioral control method used by the manager to puzzle out performance problems. As a counselor, the supervisor is a helper, discu sses the employees private problems that are affecting his or her job performance, aiming to resolve them. The manager helps staff help themselves.ControllingControl is the process through which standards for performance of people and processes are set, communicated, and applied. The manager observes what happens and compares that with what was supposed to happen. Efficient control systems allow managers to know how well effectuation is going. Since managers are eventually held responsible for their employees performance, well-timed feedback on employee activity is essential. (Allen, 1998)Expected changes in prospectiveAs time and requirements of an organization change, there is always a need to change managerial functions. Mangers at all levels must anticipate and adapt to changes. In any ordinary but expanding organization the next future change might be to restructure the organization. For this purpose of course more staffing is required and the whole setup and functions will b e needed to change accord to the particular requirements of organization.ConclusionThe job of every manager involves what is known as the functions of management planning, organizing, staffing, motivating, leading, counseling, coordinating, and controlling. These functions are goal-directed, interrelated and interdependent. The intensity of these functions always changes with the circumstances and requirements of the organization.Works CitedKevin Freiberg and Jackie Freiberg, 1996 southwest Airlines Crazy Recipe for Business and Personal Success, 1996 Bard PressAllen, Gemmy, 1998, Modern Management Supervision. Principles of Management.McGraw Hill Likert, Rensil, 1967 New York McGraw Hill

La Relacion and of Plymouth Plantation Compare and Contrast

In the 1400s, 1500s, and 1600s explorers came from Europe to the New World. They came across some of the same challenges and accomplish handsts, adept they also had different experiences as well. In the story La Relacion by Alvar Nunez Cabeza de Vaca and Of Plymouth Plantation by William Bradford, you can catch a glimpse of these similarities and differences. Although the Pilgrims and Spaniards had differences they were more alike. While La Relacion encounter a make do of sympothy from the Natives, Of Plymouth Plantation encounters a tradition we use now. Their arrival on the island they both landed during the winter, but had different journies.After four days at sea, Cabeza de Vacas ship was caught by a storm. Many of his men died or were unconscious. They werent equipped with good food or winter clothes, since they sailed during the cold winter season. Only a few men were left standing after their boat shattered, most of them regained consciousness when they came ashore.On the o ther hand, the Pilgrims landed safely, for that they thanked god. They too arrived during winter. Because of the weather, it took them a while to restore and remodel there boat. It was great(p) and almost impossible for them to explore the island by going up in the mountains so they had to do it by foot.They should have been been more wise and prepared but they werent. The challenges they had getting to the island werent exactly the same but they both did come across certain obstacles. Thier first exposures to the Native Indians were very distinct.The Spaniards seeked help from the Indians, and the Pilgrims were distant, not interacting. The Spaniards persued nourishment and the Indians were accommodating towards them even after getting robbed by the Cabeza de Vacas men. The Indians treated them kindly. They fed them the best they possible could and everyday if possible. The Pilgrims at first were robbed by the indians.There relationship was rocky in the beginning, they kept killi ng each others men. Suprisingly they were approached by one of the Indian men than spoke broken english. Later on a few more started attack around, to the point where all the indians began getting along with the pilgrims. Even though both first thought of the Indians as savages, they both got along with them. They had different experiences getting to agnize the Indians, but their relationship with them was the same. What they did with the indians or what they were made to do, were very diffferent from one another(prenominal).The Indians thought the Spaniards need to be sacraficed to their idol, so the Spaniards begged not to be killed and to be given another task. The Indians had a lot of sympothy toward Cabeza de Vaca and his men that instead they made them medicine-men.Even though they werent really into the idea, they learned the Indians techniques. After getting along the Pilgrims became more social with the Indians, but just in case anything happened they set regulations and rules amongst them so that there wouldnt be any crimes not punished. After setting these rules, they had their first small harvest which we now accost Thanksgiving.

Old Wise Men Essay

Do all old men truly possess erudition because they can chatter their wipeout on the horizon? Wisdom is a taxd trait in our society today. In twain King Lear by William Shakespe ar and Tuesdays with Morrie by Mitch Albom, the main characters were qualified to acquire wisdom after undergoing trials and tribulations. However, both of these men began their quest as completely different people. Morrie always emphasized the value of family and of love, while King Lear saw these qualities that could be used to boot his ego. Morrie was disappointed by the way things were in society, while King Lear did not care much about it and accepted it the way it was. Morrie viewed death as a natural thing and an ideal way to pass away, while King Lear still wanted to live life as a King despite giving and dividing his land between his daughters. Regardless of being very different character wise and beliefs, both King Lear and Morrie came to achieve wisdom by experiencing the fact of life other wise known as death.Both of these men differed in their values when it came to the life concept. Morrie believed that it was offend to pop off than to live a life without love, where he quoted If you preceptort have the support and loveand caring and concern that you get from a family, you dont have much at all. Love is so supremely important. As our great poet Auden spoke Love each other or perish(Albom 91). This quote shows Morries view of love and has the opinion that it is better to lapse than to live a life without love. Although Morrie grew up with tiny love in his life, this is the debate why he emphasized the importance of love and family to him. Contrarily, King Lear believed that family only existed to serve his needs.Tell me, my daughters, since now we will divest us both of rule, lodge in of territory, cares of state which of you shall we order doth love us most that we outlargest bounty may extend where nature doth with merit challenge? (I.I.47-53). This quote i llustrates King Lears feeling towards family. He set against his daughters against each other for his benefit. His love was conditional, even though Cordelia was his known favourite between his daughters he warned her. How, how, Cordelia? Mend your speech a little, lest you may mar your fortunes. (I.I.94-95).This quote shows the fact that he believed that love in a family that is one-sided, he should only receive love only when should not give out any. On the contrary, Morries love for this family was unconditional and a two-way street. However, Lear realized the value of unconditional love when Cordelia returned despite after disowning and cursing her but he was too late. While Morrie learned the value of love through with(predicate) the lack of having it earlier o in his life, King Learwould learn it through the death of his daughter. Both cherish family and life more after coming to terms with the concept of death, and realize the trouble of their society.Both King Lear and M orrie Schwartz also had different perspectives on life and society. King Lear accepted the ranking of his society, of course, since he was the peak of the great chain of being. All I ask is that you provide me with a light speed knights for my own entourage. Ill keep only the title of king (I.I.136-138). This quote depicts King Lears view of society and that he comes before the rest of society, depriving degree Celsius knights form society for his benefit. Morrie, on the other hand, was disgusted with how his society was so materialistic. A quote from Tuesdays with Morrie, Do you know how they brainwash people? They repeat something everyplace and everywhere again.And thats what we do in this country. Owning things is good. More money is good. More property is good. More commercialism is goodwe repeat it and have it repeated to us-over and over until nobody bother to even think other wise (Albom 124). This quote demonstrates the disgust Morrie has with society and how it constan tly promotes materialism rather than important values much(prenominal) as love, which is showed in this quote You know how I always interpreted that? These people were so hungry for love that they were accepting substitutes (Albom 125). This quote shows that Morrie believes that people arematerialistic because of a lack of love within their lives. Furthermore, King Lear realizes the disorder of his society during his hardships. Thou rascal beadle, hold thy bloody hand. Why dost thou chew up that whore? Strip thine own back Thou hotly lustst to use her in that kind for which thou whippst her. The usurer hangs the cozener. (IV.VI.152-57).This shows both his disgust of the accessible customs of his time and how it favors the rich and frowns upon the poor. Lear regrets not being a just king and mistreating the poor people because he was too greedy. He bawled pathetic naked wretches, wheresoer you are, that bide the pelting of this pitiless storm, how shall your houseless heads and u nfed sides, your looped and windowed raggedness, defend you from seasons such as these? Oh, I have taen too little care of this (III.IV.30-34). Although Morrie was conscious of the problems within his society and always fought against them, Lear only came to this conclusion and earn this wisdom through these tribulations.Morrie and Lear had contradicting views of death before they acquired their wisdom. First of all, Lear believed that he would die as a king and even with his old age he believed death was far in the distance, proven in the quote All I ask is that you provide me with hundred knights for my own entourage. Ill keep only the title of king (I.I.136-138). Lear did not believe in preparing for his death or aphorism goodbye to loved ones, as he still wanted to live like a king even after diving his kingdomand wealth. On the contrary, Morrie believed that death should be accepted in life. Oh yes, you strip away all that stuff and you focus on the essentials. When you reali ze you are going o die, you see everything much differentlyLearn how to die, and you learn how to live(Albom 83). This quote shows that Morrie though if more people lived as if they were going to die at any moment, hence the world could be a more positive place.Morrie was also very optimistic and grateful for his disease and how long he had to say goodbye to everyone he cherished. Its horrible to watch my body wilt away to nothing. But its also wonderful because of all the time I get to saygood-bye. (Albom 57) On the other hand, King Lear was coming to terms with his mortality. When Gloucester asked to kiss his hand he replied Let me wipe it first, it smells of mortality. (IV.VI.125-126). It shows that Lear found his new humbleness and acceptance through death.Morrie and Lear both achieved wisdom by coming to terms with their deaths. King Lear and Morrie Schwartz are very much alike, although they were completely different people before they acquired their wisdom. They were both ab le to attain insight and satisfaction through difficult hardships and becoming aware of the problems that are in their society. They have learned that if more people are aware of death and live everyday as if they were to die tomorrow, they would have more fulfillingand satisfying lives. Through acquiring wisdom they realized the importance of their family, and love. They only differed in respect where Lear is filled with regret while Morrie gains a higher appreciation for it. Death is something that we all must accept and Lear and Morrie finally embrace it.

Microsoft Environment Analysis Essay

AbstractWindows of Vulnerability is defined as the ability to attack something that is at risk. Hackers look for and pride themselves on finding vulnerabilities or creating their own within a system. A few examples of vulnerabilities that will be covered in this paper atomic number 18 Code cherry-red, Spida, Slammer, Lovesan, and Sasser. The worm named Code Red was observed on the internet on July 13, 2001. Computers running Microsoft IIS web server were attacked with this worm. Code Red worm did not cloud the largest amount of computers until July 19, 2001 with 359,000 hosts being give. The worm would blossom forth itself in a vulnerability known as a buffer overflow. It would do this by using a long string of the repetition of the letter N to overflow a buffer. Spida worm infects via Microsoft SQL inductions with administrator accounts that have no word of honors defined. Microsoft recommends the sa account be set upon installation but many servers are not properly secured after installation. The main purpose of the Spida worm is to export an infected servers Sam password database. SQL Slammer worm caused a denial of service on Internet host and slowed down general internet traffic.On January 25, 2003 it spread rapidly and infected 75,000 victims in ten minutes. The worm exploited the buffer overflow and would generate random IP addresses, send itself out to those addresses. If one of those addresses happens to belong to a host that is running an unpatched copy of Microsoft SQL Server Resolution Service, the host becomes infected and sprays the Internet with more copies of the worm. Lovesan worm A.K.A. MSBlast or Blaster Worm was a worm that spread to computers running Microsoft operating systems Windows XP and Windows 2000. The worm spread using a buffer overflow.This allowed the worm to spreads without the users opening attachments simply by spamming itself. The worm would display a both messages reading I just want to say LOVE YOU SANSoo much. Thi s message gave the worm the name Lovesan the second message read Billy Gates why do you make this possible ? Stop making money and fix your software. Sasser worm affects computers running Microsoft operating systems Windows XP and Windows 2000. Sasser spreads through a vulnerable lucre port. It is particularly easy to spread without user intervention but is also easily stopped by aproperly configured firewall. The worm standard the name Sasser because it would spread through a buffer overflow in the component known as LSASS(Local Security Authority Subsystem).ReferencesWikipedia, the free encyclopedia. Code Red (computer worm) Wikipedia, the free encyclopedia. Retrieved from http//en.wikipedia.org/wiki/Code_Red_(computer_worm) IBM X-Force Ahead of the Threat Resources. advise118 . Retrieved from http//www.iss.net/threats/advise118.html Wikipedia, the free encyclopedia. SQL Slammer Wikipedia, the free encyclopedia. Retrieved from http//en.wikipedia.org/wiki/SQL_Slammer Wikipedia , the free encyclopedia. Blaster (computer worm) Wikipedia, the free encyclopedia. Retrieved from http//en.wikipedia.org/wiki/Blaster_(computer_worm) Wikipedia, the free encyclopedia. Sasser (computer worm) Wikipedia, the free encyclopedia. Retrieved from http//en.wikipedia.org/wiki/Sasser_(computer_worm)

Origins of World War I Essay

The World War I fought between 1914 and 1918, is considered the largest of any war in human history and ever since, umteen refer it as the Great War. It was a culmination of activities and competitor across European nations. Its estimated that 14 million people lost their lives on the number one World War. The causes of the World War I were complicated which includes 1.Imperialism- The scramble for Africa and some other parts of Asia for raw materials by European countries led to a competition and this pushed the world into the World War I. 2. Defense alliances-most countries all over Europe had formed defense agreements that if one country was attacked, allied countries would join and fight back. For case when Hungary declared war on Serbia, Russia joined to defend Serbia and German started to attack Russia.3. The assassination of Archduke Franz Ferdinand from Hungary and his wife in June 1914 by a Serbian national is considered to be an immediate cause. It took place in Sarajev o, Bosnia and which was part of Hungary. This was followed by protests as Serbia wanted to take control of Bosnia then Hungary declared war on Serbia leading to an enlargement of the war trough the mutual defense alliances.Its not exactly known which country was amenable for the war though Germany is strongly believed to be responsible for the out break of the war. Through the Schlieffen plan German was supposed first to invade France through Belgium then Russia before it had mobilized. Germany was also a major supply in the triple alliance and its perceived that Hungary would not have risked war with Serbia without full backing of Germany through the blank check given on 6th, june1914.However, on the other hand the war started first as conflict between Hungary and Serbia after the assassin of Archduke Franz Ferdinand and his wife in Hungary. In all achromasia historians argue that all senior powers were responsible for war. In conclusion, other than trade, peace alliances and c oalitions between nations should be formed and promoted to foster peace and understanding. This will prevent t an out break of another war. References Henig Ruth, 2002, The Origins of the First World War, Routledge.

A Particular Friend or Family Member Essay

If I need to choose mavin of my family members, I may prefer to write about my superhero in my life that is my devout come. Actually in my mind, I had trey persons that invariably so be my superheroes in my life. They ar my elder sister that I withdraw Along, my be roll in the hayd father and my beloved commence. Each of them has their have chance uponment in their life that I rally I should be proud and respect to them. Besides that, these three person are perpetually be the person who always supporting me from my back when I need somebody to be my raise beside my scraggyd friend. My stimulate might not be the superheroes such like Superman, Spiderman or Batman hardly my beloved father are always be the great superhero in my life. There are the reasons why I choose my beloved father to be my super hero and the person I mobilize I need to describe about. First and foremost, I want to describe about the characteristics of my father that I love so much. Every one in this world has their own father and surely they also have their own picture about the characteristics of their beloved father. So do I, I also has my own opinion about the characteristics of my father that I impressed from I am kids until who I am today. He is an open-minded and a unhurried person be drive if I want to share anything to my father, he allow for listen carefully on what I want to talk about and after that he will try to ca-ca the best in additionth root to me to solve the problem. After that, he is obedient disciplinarian because my father loves his children but he does not permit we get away with murder. He strongly disapproves of his childrens misdeeds, using tough love to prove a point. He does this through the power of his words, not his fists. Furtherto a greater extent, he is a firm father similarly because when he set a rule, he still give we a little freedom to break it with a rational reasons.In addition, from my observation my father has a great ch aracteristic to be a good leader to my family, his friends and students. I give the bouncefulnot deny about it because I heard with my own ears what my fathers friends and students talk of the town about his attitude in work and boththing are positive criticism. Actually, I am proud to be his daughter because there too many achievement that my father achieved in his career. Some sentences I find oneself confused why myfathers friends said that I need to be proud with my own father. And now, I knew the reasons why and I agreed with them. The achievement that my father had achieved in his life solidly can inspire me to be like him.He is echtly sturdy working to get what he wants to achieve in his life. He really energises me savour that my father is a great person at my eyes. Furthermore, he is a discipline person in his work. If my father had nothing to do on that day, he will arrive to finish his work. My father will try to finish his work according to the plan he created . My father is a humble person too because the maiden point I see is my father not t individually my family to live in clover, although in fact he was able to provide it. Then, my father still be himself even he had a great achievement in his life and he do not like to use his rank that he has in his daily life or anything. For him, the rank will bring us nowhere and it was just the rank.Last but not least, I really impressed with the history of life of my beloved father. My father actually are not comes from an loose family but with his hard working and perseverance in study can helps he to improve the standard of living of his family until now. That is why my father really focused about the education in our family. It is because my father always said that without education, we will go nowhere. That was his principle in life. My father does not want his own family not have an education even we cannot get the best achievement or a good career. He also wants to give the best to ou r family and I realized about that I really impressed to make my father as the role model that I can emulate in my life.For conclusion, we need to give our best in anything we do in this life. Besides that, we need to know on how to appreciate the benevolence and others person roughly us especially our beloved father. Their sacrifices cannot be valued with a million dollars of silver or the diamonds in this world. Make our father as our superhero are the best choice because there can be good role model to us in life.A true friendA friend who helps out when we are in trouble is a true friendunlike others who meld when trouble arises. Friends are one of most important things in our lives. Unfortunately we have a a few(prenominal) real friends. I have a lot of friends- girls and boys. It doesnt matter what they are. They have to be my real friends. He or she has to be good and reliable. It doesnt matter how he or she looks like. He or she has to be responsible and helpful. I think these mickle are one of the best quite a little in the world. If she or he is attractive and sensitive it will be wonderful Just like me besides we have to be good with our friends who havent got character like this. Every man has features which he doesnt like. We shouldnt forget that we are people, too. Im sure that if we are good with people we will have more and better friends. I have a friend named Nobin Jacob who went to the High shoal India (September 18, 2001) .He did not have to work because he parents paid for her school and all his expenses. All he had to worry about was studying and doing his preparation. Nevertheless, instead of using the m wisely, he would always put kill doing his schoolwork by saying that there is enough meter to do it later. Moreover, almost ever either afternoon he watched television and talked on the phone with his friends. Still, he preferred to study after eight oclock at night, but this was the cartridge holder his friends wanted to go out. Unfortunately, he would hardly ever do his homework thus, his essays were also late. After Nobins first year at the school, his grades seemed to get worsened and worse. What do you think would happen if Elizabeth would have to work and pay her own tuition? Do you think it would change her behavior toward school? Finally, I concluded that students who pay their own tuition are more likely to do well in school.First and most importantly, I think it is proper term management that effects good performance in school. Let us look at the students who do not have to pay their own tuition, so they do not have to work. Because they have a lot of free time after school, they think that there is enough time to do their homework later, so they do not even bother to think about it and plan when to do it. For example, think about the time that some of them take in by watching their favorite TV shows, or by playing games on the Internet. This time could be used for doing math problems or for starting to write an essay, which could be due in a week. These students tend to put things off for later.On the other hand, because students who work piece of music going to school have a limited time for studying and doing homework, they have to plan their time for the future, so they do not put themselves behind other classmates. They see time as time blocks, so they plan their work ahead. For example, if they know that they are working tomorrow, and their homework is due in three days, most likely they would start doing their homework today because they realize that tomorrow they will be too tired after work to do their homework. Indeed, time for work and school can be hard to juggle, but it helps students organize their time, so there is enough time to do the assigned homework or to study. In fact, they are paying for school with their own money thus, they do not want to waste the opportunity to do well in school. For this reason, students who work and go to school at the same time value time more than students who do not work working students must know how to organize their time toClose FriendEvery human has their own needs and wants. Needs like food, home, raiment and so on are very significant for each and every human. Besides all those necessity, every human also needs to have a friend. Friends are one of most important things in our lives. I think these people are one of the best people in the world. Friends are people that you can rely on. Some name their friend as close friend. This happens when a particular friend, be concerned with you more like a family and vice-versa. You will get to know each other deeply. I have a lot of friends- girls and boys. But they are not my close friend. I can consider all of them though. They might be nice and friendly to me but they might not understand the real me. My close friend should be mortal who knows every single thing about me, loving and is someone a part of me.Like everyone else, I also do have a friend close friend. My close friends name is Tina. There is nobody like her who had changed my life dramatically. I first met Tina at my uncles wedding. I still remember she was dressed in a very surprise dress and was the center of attraction. I was very jealous of her back then. After having dinner, the dance floor was opened. I was afraid to ask her to dance with me and so was she. After few minutes, she walked towards me and she asked, Youre Uncle Mariks daughter honest?. I replied yes. I asked her how she knows me. Then she said that her father and my father are childhood friends. And thats how we started lecture to each other. We danced all night long. Tina is actually from Penang. Since it was too late that night, she and her family stayed over at my place. We got to know each other better now.I was sad when she had to go back the next day. Although we have just met, but I feel very happy having her by my side. After a few days, her mother called my mother to ask permiss ion if Tina can stay with dandy fever fever also known as breakbone fever, is an septic tropical diseasecaused by the dengue virus. Symptoms include fever, headache, muscle and joint pains, and a characteristic skin judicious that is similar to measles. In a small proportion of cases the disease develops into the life-threateningdengue hemorrhagic fever, issueing in bleeding, low levels of argument platelets and blood plasma leakage, or into dengue shock syndrome, where dangerously low blood pressure occurs.Dengue is transmitted by several species of mosquito within the genus Aedes, principally A. aegypti. The virus has four different types infection with one type usually gives lifelong immunity to that type, but just now short-term immunity to the others. Subsequent infection with a different type increases the risk of severe complications. As there is no commercially addressable vaccine, prevention is sought by reducing the habitat and the number of mosquitoes and limiting exposure to bites.Treatment of astute dengue is supportive, using either oral or endovenous rehydration for lowly or moderate disease, and intravenous fluids and blood transfusion for more severe cases. The incidence of dengue fever has increased dramatically since the 1960s, with around 50100 million people infected yearly. Early descriptions of the condition date from 1779, and its viral cause and the transmission were elucidated in the early 20th century. Dengue has become a global problem since the help World War and is endemic in more than 110 countries. Apart from eliminating the mosquitoes, work is ongoing on a vaccine, as well as medication targeted directly at the virus.Typically, people infected with dengue virus are asymptomatic (80%) or only have mild symptoms such as an uncomplicated fever.123 Others have more severe illness (5%), and in a small proportion it is life-threatening.13 The incubation achievement (time between exposure and onset of symptoms) ranges fro m 314 days, but most often it is 47 days.4 Therefore, travelers returning from endemic areas are unlikely to have dengue if fever or other symptoms start more than 14 days after arriving home.5Children often experience symptoms similar to those of the common cold and intestinal flu (vomiting and diarrhea)6 and have a greater risk of severe complications,57 though initial symptoms are generally mild but include high fever.7The Causes And Effects Of Cramming EssayEvery Day Student goes to school and university, and they are learning new material and new assignments. Some students study every day what they learnt, but some students let the studying until they have exams or something to do. Thats called cramming. What is the meaning of cramming? , and what are the causes of cramming? , and what are the positive and detrimental effects of cramming? Cramming is the practice of trying to study a large amount of class material in a short period, typically the night before an exam, test, o r quiz. It is often done by students in preparation for upcoming exams .Students cram for a number of reasons including fear of failure because of disabilities, over with little or no time to study. This can happen to students with jobs, family obligations, or who may be involved in too many extra-curricular activities. Cramming may increase levels, low motivation to study on a regular ground well before time for tests, and underachievement. Cramming is often discouraged by educators because the hurried coverage of material tends to result in poor retention.There are various causes of cramming. First, the students do not follow a refractory time for study because they dont schedule their studying. Second, students dont take notes of important points devoted in the lecture, so they dont study well for their quizzes and exams. Third, the students did not revise the material from time to time, so they forget the material. For example, a student took new topics in math. He should not revise it only in the day of the exam, but he should revise it from time to time. Also, another cause of cramming that the student feel boring of studying during the semester, so he/she will leave studying until the exams start. Cramming has a lot of ostracise and positive effects. There are variable negative effects of cramming. First, the person uses the memory instead of disposition the concepts and getting benefit from the material.

Mba Spring2011 Merck Sample Group Project

DELAWARE STATE UNIVERSITY (MBA Spring 2011) strategic Management Case Study Executive Summary3 oc on-line(prenominal) Vision4 topical delegatingary station4 Values5 authoritative Strategies6 verit sufficient Vision7 Developed Mission7 Reason for rude(a) bearing8 SWOT Analysis9 immaterial opportunities9 External Threats10 Financial and direct Performance Analysis11 obstruct Competitors11 proportion Analysis11 Key effort Ratios14 run gather gross profit margin14 net profit Profit margin14 original Ratio14 slip away on additions15 Debt/ loveliness Ratio15 Inventory employee turn over Ratio15 revenue Growth16 Market Sh ar16 Internal Strengths16Internal Weakness20 External federal agent paygrade Matrix21 Competitive Profile Matrix23 Internal constituent Evaluation24 Space Matrix27 SWOT Matrix29 Grand dodging Matrix31 Recomm caned Strategies31 Recommended dodge no. 131 Recommended schema no. 232 Projected Financial Statements33 Projected Ratios34 caller-out w orth Analysis34 Annual Objectives35 strategic Review and Evaluation Procedures35 Bibliography36 Executive Summary Merck & Co. is a seek control drug companyceutical company involved in manufacturing of pharmaceuticals and drugs.Mercks w bes are non limited to preventive and therapeutic vaccines. Merck interconnected with Schering-Plough in November of 2009 for $41 one thousand thousand. Merck is based in Whitehouse Station, New Jersey and has more(prenominal) than 110000 employees. The company has a annual gross of $45billion during the year ending December 2010. The sum up in revenues was mainly due to the incremental gross sales resulting from the cellular inclusion of the post-merger results of Schering-Plough harvestings. The operating profit of the company was $1,653. 0 million during FY2010, a decr save of 90% over 2009.The internet profit was $859 million in FY2010, an increase of 93% over 2009. Mercks products imply preventive and therapeutic vaccines sold by prescription to treat human disorders and to also treat creature wellness. The company competes most(prenominal) products in antithetical segments. Human health pharmaceutical products consist of prescription therapeutic and preventive agents for the intercession of human disorders. Merck distributes its human health pharmaceutical products to retailers, government, drug companies, health and wellness organizations, and others.Mercks vaccine products are in the beginning managed and administered at physician offices. These products include preventive vaccines. The US Centers for Disease Control and Prevention Vaccines for Children program is a major customer for some of these vaccines. Merck also manages a clinical pipeline that has products in more different disease domains non limited to diabetes, heart strokes, hyper-tension, inflammatory problems, neurology related diseases, osteoporosis, respiratory, female health and more other prominent and impertinent domains .This pipeline is managed in phases followed by a few ready for regist balancen. bulk of these are subject to FDA approval before commercial manufacturing commences. Merck also manages vaccines for physical health and this is a development segment where there is more need for query for prevention of many diseases in animals. In supplement to the above many different segments, Merck also manages a portfolio of regular consumer health complaint and manufactures many OTC products, stern and sun care products non just in the USA but also in Canada. Current VisionWe make a difference in the lives of hatful sphericly through our innovative medicines, vaccines, and consumer health and animal products. We aspire to be the best healthcare company in the world and are dedicated to providing leading groundings and solutions for tomorrow. (1) Current Mission To provide innovative, distinctive products and services that save and advance lives and satisfy customer needs, to be recogniz ed as a great place to work, and to provide investors with a superior rate of return. (1) Mission Component Accomplished? 1 customers No Products or Services Yes 3 Markets No 4 engineering No 5 Concern for survival, harvest-tide and profit top executive No 6 Philosophy No 7 Self-Concept No 8 Concern for public image Yes 9 Concern for employees Yes Values Our business is preserving and ameliorate human life. We also work to reform animal health. All of our actions must be measured by our success in achieving these goals. We value, above all, our ability to serve e realone who can benefit from the appropriate use of our products and services, thereby providing lasting consumer satisfaction.We are throwted to the loftyest standards of ethics and integrity. We are responsible to our customers, to Merck employees and their families, to the environments we inhabit, and to the societies we serve world colossal. In discharging our responsibilities, we do not take professional or e thical shortcuts. We are dedicated to the highest level of scientific excellence and commit our inquiry to improving human and animal health and the quality of life. We crap through to identify the most precise needs of consumers and customers, and we devote our resources to encounter those needs.We expect profits, but only from work that satisfies customer needs and benefits humanity. This depends on maintaining a pecuniary carriage that invites investment in leading-edge explore and that makes it possible to effectively mouth the results of that research. Our ability to excel depends on the integrity, knowledge, imagination, skill, alteration and teamwork of our employees. To this end, we strive to create an environment of mutual respect, encouragement and teamwork. We also strive to reward commitment and performance and be responsive to the needs of our employees and their families. 1) Current Strategies * The Access Strategy aims at increasing access to medicines, vacc ines, and healthcare in the emerging and developed countries. * To ensure safety and quality of products, Merck introduced a Anti-counterfeiting strategy to prevent counterfeits across the world. Merck has setup an advanced laboratory to implement this strategy.* To restore confidence as a quality producer of global vaccines, Merck spread overs to implement vaccine supply manufacturing strategy. * Merck continues to implement its global diversity strategy. * Mercks research strategy is designed to mprove productivity and the probability of success and this is monitored by a investigate Strategy Review Committee. * The most popular MRL strategy i. e. Merck Research Laboratory strategy is designed to manage the pipeline that uses the expertise to treat many unsolved diseases and health issues. MRL scientists are passionate about settlement and meeting unmet health check needs. * Merck established External Basic Research (EBR) and an EBR strategy are formulated to overdraw the sco pe and size of Mercks early pipeline through intermitnerships with external partners. * Merck follows a responsible determine policy thru its worldwide tiered pricing strategy. To foster health literacy in Switzerland, Merck follows the Swiss e-health strategy and as part of this strategy, they work with universities around the world. * Merck formed a spheric Labor Relations Strategy to include global labor guidelines and principles and monitoring tools worldwide.* Merck energy management strategy serves as a useful textile in measuring electric current performance resulting in Merck receiving the Energy Star sustained excellence award. * Mercks corporate strategy is Plan to win. * Merck has a supply strategy that combines the skills of inwrought and external manufacturers. (1) Developed Vision Our vision is to be an outstanding and most trusted company in the worlds healthcare and pharmaceutical industriousness. Developed Mission We are passionately committed to providing cr eative, comprehensive and effective health solutions (2) that bequeath improve the health, wellness and quality of life of our customers (1), consumers and partners around the globe for today, tomorrow and forever thru our go along superior performance, intelligent and creative employees (9), innovative and qualitative safe products, sustainable and lucrative partnerships and by structure increased shareholder returns thru this process.We go out focus on increasing healthcare access (6) in the topical anesthetic and emerging foodstuffplaces (3) and will strive to use modern environment friendly technology(4) for our scientific innovation to improve productivity and to reduce costs to make our products more affordable. We will serve the society and the eligible people (8) with programs that will provide free and cost effective health solutions. We will collaborate with global research companies to lead and contribute to the resolution of global health issues (7) and we will p osition ourselves as the best in the industry with sustainable prosperity(5). Mission Component Accomplished ? 1 Customers Yes 2 Products or Services Yes 3 Markets Yes 4 Technology Yes 5 Concern for survival, growth and profitability Yes 6 Philosophy Yes 7 Self-Concept Yes 8 Concern for public image Yes 9 Concern for employees Yes Reason for new perpetration The current mission is not exciting and does not emphasize on all the key components of an effective mission. The new mission emphasizes on health solutions as a whole versus products and services only. The new mission is targeted towards the wellbeing of the end consumer and not just to save the life.The focus is specifically mentioned to be in all trades including the emerging grocerys. neo environment friendly technology will be used to develop safe products that are not counterproductive to the wellbeing of the end consumer. The needy people will be served with effective solutions and the new mission passionately sugges ts sustainable prosperity while engaging creative and intelligent people building profitable shareholder returns thru the whole process. SWOT Analysis External opportunities O1 The recent agreement with Schering-Plough opens more avenues for latent growth in the fields of respiratory and infectious disease herapeutic segments. (1) O2 Possible Cost savings of $3. 5 Billon from internal restructuring efforts beyond 2011. (1) O3 there is a lot of effectiveness for growth in the Diabetes and Oncology commercializes and Merck has made its entry into this market thru the product Januvia. O4 Merck can add core strength to its portfolio by expanding research and innovation in the biological markets thru partners, acquisitions and spliff ventures. O5 Rapidly expanding market share in emerging markets proves to be a high latent opportunity for Merck.Emerging Markets in the Pharma Industry will take 50% Growth Credit by 2013. (2) O6- Increased opportunity for new generic wine Drug products. health care reform suggests cost savings and damages industries emphasize usage of generic drugs and the expiring unmistakables on a lot of drugs opens up opportunity for Merck to pioneer the generic drug market leveraging its world-class research capabilities. The total market share of the patents that will throttle over 2010-2015 is 17% with a market share of $142billion. (17) O7- Pfizers animal health business returned a profit of $2. billion which is second to Merck and with the cancelled joint venture of Merck and Sanofi-Aventis, Merck should only pursue their concept with Novartis who are No. 5 in animal health business. This will assure their No. 1 position in the light of Pfizers growing sales and the merger between JampJ and Eli Lilly Co in this segment. (3) External Threats T1 At least five of the patents are expiring in the next both days and competition is ready to introduce generic products backed by healthcare reform and this can portray a unsafe t hreat to Mercks products and profitability.T2 The consumer is not the one that usually makes the election of using a particular drug. Mostly, drugs are prescribed by physicians, who sometimes lack the necessary breeding about coition prices. (4) T3 The recent housing market problem, the oil prices problem and the global recession has a cascading effect on the job market and many people are unemployed people losing their health indemnity and forced to not being able to use medical exam or pharmaceutical products.If there is no sales in the pharmaceutical products, Merck can suffer financial losses and reduce returns to shareholders. T4 The HealthCare Reform enacted in 2010 caused unforeseen losses for Merck and the effects of this Act will continue into future. These new provisions will decrease revenue and increase costs. (5) * 2010 Costs incurred due to increased Medicaid rebates. With respect to the effect of the fair play on the pharmaceutical industry, the law incre ased the mandated Medicaid rebate from 15. 1% to 23. 1%. 2011 An annual health care reform fee on all branded prescription drug manufacturers and importers and the requirement that drug manufacturers pay a 50% brush off on Medicare Part D utilization incurred by beneficiaries when they are in the Medicare Part D coverage also known as the Donut hole.T5 Although not included in the health care reform law, Congress has also considered, and whitethorn consider again, proposals to increase the governments role in pharmaceutical pricing in the Medicare program. (5) T6 Congress may again consider proposals to allow, under certain conditions, the significance of medicines from other countries. 5) T7 Merck is experiencing delay in manufacturing some of its vaccines and this delay can cause a competitor to dart a product that can be manufactured quickly. Financial and Operating Performance Analysis Close Competitors Pfizer Inc. Eli Lilly and Company Ratio Analysis 2006 2007 2008 20 09 2010 permissivenesss (% of Sales) Revenue 100. 00% 100. 00% 100. 00% 100. 00% 100. 00% COGS 26. 50% 25. 40% 23. 40% 32. 90% 40. 00% Gross Margin 73. 50% 74. 60% 76. 60% 67. 10% 60. 00% SGampA 36. 10% 31. 20% 30. 90% 31. 10% 28. 80% RampD 21. 10% 20. 20% 20. 10% 21. 30% 23. 90%former(a) 0. 60% 1. 40% 4. 30% 6. 00% 2. 10% Operating Margin 15. 70% 21. 90% 21. 20% 8. 70% 5. 20% Net Int Inc amp otherwise 12. 40% -7. 40% 20. 50% 47. 00% -1. 60% EBT Margin 27. 50% 13. 90% 41. 10% 55. 80% 3. 60% Profitability Tax Rate 28. 70% 2. 80% 20. 40% 14. 80% 40. 60% Net Margin 19. 59% 13. 54% 32. 74% 47. 03% 1. 87% Asset overthrow 0. 51 0. 52 0. 5 0. 34 0. 42 (Average) Return on Assets 9. 92% 7. 05% 16. 34% 16. 20% 0. 79% Financial Leverage (Average) 2. 54 2. 66 2. 52 1. 9 1. 95 Return on Equity 25. 00% 18. 33% 42. 27% 33. 15% 1. 1% Growth Revenue Growth Year over Year 2. 80% 6. 90% -1. 40% 15. 00% 67. 70% 3-Year Average 0. 20% 1. 80% 2. 70% 6. 60% 23. 90% 5-Year Averag e -13. 90% -14. 10% 1. 20% 3. 60% 15. 90% 10-Year Average 1. 30% 0. 20% -1. 20% -1. 80% 1. 30% Operating Income Year over Year -36. 00% 49. 30% -4. 50% -52. 80% -0. 70% 3-Year Average -24. 90% -7. 20% -3. 00% -12. 30% -23. 50% 5-Year Average -18. 30% -11. 40% -9. 60% -18. 50% -15. 60% 10-Year Average -3. 40% -0. 70% -2. 30% -10. 90% -12. 60% EPS Year over Year -3. 30% -26. 60% 144. 0% 55. 20% -95. 00% 3-Year Average -11. 40% -17. 00% 20. 10% 40. 70% -42. 70% 5-Year Average -8. 40% -13. 90% 4. 50% 16. 70% -33. 20% 10-Year Average 2. 60% -2. 30% 5. 40% 8. 70% -20. 90% cash hunt Ratios Operating Cash Flow Growth-YOY -11. 10% 3. 50% -6. 10% -48. 40% 219. 00% emancipate Cash Flow Growth-YOY -6. 80% 3. 50% -11. 90% -63. 40% 373. 40% bonnet Ex as a % of Sales 4. 30% 4. 20% 5. 40% 5. 30% 3. 60% Free Cash Flow/Sales 25. 56% 24. 75% 22. 11% 7. 04% 19. 88% Free Cash Flow/Net Income 1. 3 1. 83 0. 68 0. 15 10. 64 Liquidity/Financial Health Current Ratio 1. 2 1. 23 1. 35 1. 8 1. 86 Quick Ratio 0. 95 0. 97 0. 65 1. 03 1. 25 Financial Leverage 2. 54 2. 66 2. 52 1. 9 1. 95 Debt/Equity 0. 32 0. 22 0. 21 0. 27 0. 28 Efficiency Days Sales Outstanding 50. 3 52. 4 56. 7 69. 1 55. 4 Days Inventory 104. 2 108. 5 136. 1 209. 2 138. 1 Payables Period 29. 4 33. 3 40. 6 57. 8 45. 1 Cash Conversion cycle 125. 1 127. 6 152. 3 220. 5 148. 4 Receivables Turnover 7. 3 7 6. 4 5. 3 6. 6 Inventory Turnover 3. 5 3. 4 2. 7 1. 7 2. 6 Fixed Asset Turnover 1. 6 1. 9 2 1. 8 2. 6 Asset Turnover 0. 5 0. 5 0. 0. 3 0. 4 Reference (6) Key Industry Ratios Operating Profit margin 2010 MERCK PFIZER Eli Lilly and Company Operating Profit margin 5. 2 20. 3 28. 3 Merck had Operating Profit margin of 5. 2 OPM%. Merck Operating profit margin is low when compared to competitors this indicates that there is scope for improving the cost structure. Net Profit margin 2010 MERCK PFIZER Eli Lilly and Company Net Profit margin 1. 87 12. 18 21. 97 Merck had a Net Profit margin i. e. , 1. 87 NPM%. Merck NPM is lower than its competitors. A net profit margin indicates that there is scope for improving the capital structure.Huge percentage drop when compared to 2009 (47%). Current Ratio 2010 MERCK PFIZER Eli Lilly and Company Current Ratio 1. 86 2. 11 2. 09 Current Ratio Merck has Current Ratio of 1. 8, which shows that Merck may meet short-term obligations. Current Ratio 2. 0 is considered effectual to meet short-term financial obligations. Return on Assets 2010 MERCK PFIZER Eli Lilly and Company Return on Assets 0. 79 4. 05 17. 34 Return on Assets (ROA) Merck has ROA of 0. 79%, which indicates its assets are NOT at optimal their utilization. Debt/Equity Ratio 2010 MERCK PFIZER Eli Lilly and Company Debt/Equity Ratio 0. 28 0. 44 0. 55 Debt/equity ratio (D/E ratio) Merck had D/E ratio of . 27, which is best. Inventory Turnover Ratio 2010 MERCK PFIZER Eli Lilly and Company Inventory Turnover Ratio 2. 6 1. 6 1. 6 Inventory Turnover Ratio Merck has a 2. 6 times turnove r ratio, which is honourable when compare to competitors. It also suggests that loss of sales as it will not book sufficient rail line in hand. Revenue Growth 2010 MERCK PFIZER Eli Lilly and Company Revenue Growth 67. 7 35. 6 5. 7 Revenue growth Merck Sales growth rate is 67%, Revenue growth is very good when compared to competitors.New products Isentress and Januviasales boosted revenue. Market Share Market share Total Pharmacy industry share is $836 billion and Merck has $46 billion, stands one of the largest company in 2010 5. 5 % of spheric Market. Internal Strengths S1 Merck maintains hard financial health condescension the $8. 5 billion debt needed for the acquisition. Analysts are predicting that the combined company will contribute a $12billion capital flow in 2011 which should help repay the debt quickly. (7) S2 Majority of the blockbuster products introduced recently showed very strong sales.Especially, Januvia (diabetes), Isentress (HIV), and Gardasil. (7) S 3 Merck has strong sackings when compared to the industry. Stock Industry SampP vitamin D Stocks 5Yr Average* bell/ lucre 122. 0 17. 7 16. 6 40. 7 Price/Book 1. 9 2. 6 2. 2 4. 0 Price/Sales 2. 3 2. 6 1. 4 3. 5 Price/Cash Flow 9. 8 10. 1 8. 5 19. 9 Dividend Yield % 4. 5 3. 4 1. 7 S4 Mercks latest acquisition of Schering results in a $6 billion pipeline of drugs with the potential of multiple blockbusters and very few patent losses are anticipate over the next couple of years.It is predicted that the combination of the two entities should generate $3 billion plus in annual cost savings before 2011. (8) S5 Global market aim along with production facilities. Merck operates in 120 countries with 31 factories worldwide. (9) Merck follows a unique strategy of integrated markets as below. (10) S6 Merck is well positioned in some Emerging Markets and is showing robust growth in China and is actively searching for a partner in India. Merck has developed a separate strategy for pos itioning itself as numero uno in emerging markets. 11) & (12) S7- A vast diversify product portfolio in Medicines, Vaccines, Biologics, Consumer Care and tool Health. (12) S8 It has variouspatient assistance programsin U. S. to help the people who are unable to afford the medical treatment in terms of medicine if household income is less than 400% of Federal Poverty Level. (13) S9 The hard has robust in-house research capabilities that also make it a leader in designing new medical products. Internal Weakness W1 EPS dropped from $0. 28 from $5. 7 mainly due which reflect a net admonitory impact resulting from the amortization of purchase accounting adjustments, in-process research and development (IPR&D) impairment charges, including a charge related to the vorapaxar clinical development program, restructuring and merger-related costs, as well as a legal harbour relating to Vioxx (the Vioxx Liability Reserve) discussed below, partially offset by the gain recognized on A straZenecas exercise of its option to acquire certain assets. (5) W2 Singulair is Mercks largest volume selling pharmacy product with a annual sales of $3. billion as of 2010 and this is expiring in Aug 2012. (5) On top of this, FDA announced that a potential link exists between this product and suicidal behavior. (14) W3 Few of Mercks late-stage pipeline products did not get approved by FDA. Following drugs did not get FDA approvals anacetrapib for atherosclerosis, cholesterol drug Tredaptive, Rolofylline for heart disease and Telcagepant for migraines. W4 The sign of the zodiac faced lawsuits on Vioxx product on increased chances of heart attack and Merck Agreement Provides for $4. 85 Billion Vioxx Settlement Payment. 15) W5 Merck settled a lawsuit with J&J for $500 million over a dispute on two anti-inflammatory records. Merck also looses marketing rights in some areas. (16) W6 Mercks Current ratio is 1. 8, has a limited liquidity position as compared to its competitors. W7 Merck has stripped-down presence in the Generic Drug Market. External Factor Evaluation Matrix External Factor Evaluation Matrix (EFE) Opportunities Weight Rating Weighted realize 1. O1 The recent agreement with Schering-Plough opens more avenues for potential growth in the fields of respiratory and infectious disease therapeutic segments 0. 8 4 0. 32 2. O2 Possible Cost savings of $3. 5 Billon from internal restructuring efforts beyond 2011. 0. 10 3 0. 30 3. O3 There is a lot of potential for growth in the Diabetes and Oncology markets and Merck has made its entry into this market thru the product Januvia 0. 05 3 0. 15 4. O4 Merck can add core strength to its portfolio by expanding research and innovation in the biological markets thru partners, acquisitions and joint ventures 0. 05 1 0. 05 5. O5 Rapidly expanding market share in emerging markets proves to be a high potential opportunity for Merck.Emerging Markets in Pharma Industry to take 50% Growth Cred it by 2013 0. 10 3 0. 30 6. O6- Increased opportunity for new Generic Drug products through more focus on quality R&D. healthcare reform suggests cost savings and insurance industries emphasize usage of generic drugs and the expiring patents on a lot of drugs opens up opportunity for Merck to pioneer the generic drug market leveraging its world-class research capabilities. The total market share of the patents that will happen over 2010-2015 is 17% with a market share of $142billion. 0. 15 2 0. 30 7. O7- Pfizers animal health business returned a profit of $2. billion which is second to Merck and with the cancelled joint venture of Merck and Sanofi-Aventis, Merck should advertise pursue their concept with Novartis who are No. 5 in animal health business. This will strengthen their No. 1 position in the light of Pfizers growing sales and the merger between JampJ and Eli Lilly Co in this segment 0. 02 3 0. 06 Threats Weight Rating Weighted tally 1. T1 At least five of the patents are expiring in the next two years and competition is ready to introduce generic products backed by healthcare reform and this can pose a serious threat to Mercks products and profitability 0. 5 2 0. 30 2. T2 The consumer is not the one that usually makes the choice of using a particular drug. Mostly, drugs are prescribed by physicians, who sometimes lack the necessary information about relative prices. 0. 05 3 0. 15 3. T3 The recent housing market problem, the oil prices problem and the global recession has a cascading effect on the job market and many people are unemployed losing their health insurance and forced to not being able to use medical or pharmaceutical products. If there is no sales in the pharmaceutical products, Merck can suffer financial losses and reduced returns to shareholders. 0. 08 3 0. 24 4. T4 The HealthCare Reform enacted in 2010 caused unanticipated losses for Merck and the effects of this Act will continue into future. These new provis ions will decrease revenue and increase costs. 0. 08 2 0. 16 5. T5 Although not included in the health care reform law, Congress has also considered, and may consider again, proposals to increase the governments role in pharmaceutical pricing in the Medicare program. 0. 03 3 0. 09 6. T6 Congress may again consider proposals to allow, under certain conditions, the importation of medicines from other countries. 0. 03 3 0. 09 7. T7 Merck is experiencing delay in manufacturing some of its vaccines and this delay can cause a competitor to launch a product that can be manufactured quickly. 0. 03 2 0. 06 TOTALS 1. 00 2. 57 Competitive Profile Matrix Competitive Profile Matrix (CPM) Merck Pfizer Eli Lilly and Company Critical Success Factors Weight Rating Score Rating Score Rating Score Global Expansion 0. 10 3 0. 30 3 0. 30 4 0. 40 Market penetration 0. 06 4 0. 24 4 0. 24 2 0. 12 Pipeline 0. 15 3 0. 45 4 0. 60 2 0. 30 Patents 0. 8 4 0. 72 3 0. 54 2 0. 36 RampD 0. 17 3 0. 51 4 0. 68 2 0. 34 Financial Profit 0. 05 2 0. 10 3 0. 15 4 0. 20 Customer Loyalty 0. 00 3 0. 00 3 0. 00 2 0. 00 Market Share 0. 08 4 0. 32 4 0. 32 3 0. 24 Product Quality 0. 06 1 0. 06 2 0. 12 2 0. 12 Generic Drugs 0. 15 2 0. 30 3 0. 45 2 0. 30 Totals 1. 00 3. 00 3. 40 2. 38 * Global Expansion Merck is in 121 countries Pfizer is in 150 countries Eli Lily is in 143 countries. * Pipeline 94 in Pipeline for Pfizer, Lilly has 15 and 57 in Merck Pipeline excluding registration. Patents Pfizer has 11 basic patent products and Lily has 8 basic patent products and Merck has 29 basic patent products. * Financial Profit EPS Lilly has EPS 4. 58 Merck has 0. 28 Pfizer has 1. 02. * Market Share Merck has $45 billion and Pfizer has $67 and Lilly has $23 billion. * Product quality Merck has two major lawsuits whereas Pfizer has one and Lilly has one. * Generic Drugs Pfizer has 59 generic drugs which is more than what Merck has and what Lilly has Merck is still entering into different JVS with SUN and other pharma companies. Internal Factor Evaluation Internal Factor Evaluation Matrix (IFE) Strengths Weight Rating Weighted Score 1. S1 Merck maintains strong financial health despite the $8. 5 billion debt needed for the acquisition. Analysts are predicting that the combined company will generate a $12billion cash flow in 2011 which should help repay the debt quickly. 0. 05 4 0. 20 2. S2 Majority of the blockbuster products introduced recently showed very strong sales. Especially, Januvia(diabetes), Isentress(HIV), and Gardasil. 0. 08 4 0. 32 3. S3 Merck has strong earnings when compared to the industry. 0. 04 3 0. 12 4. S4 Mercks latest acquisition of Schering results in a $6 billion pipeline of drugs with the potential of multiple blockbusters and very few patent losses are anticipate over the next couple of years. It is predicted that the combination of the two entities should generate $3 billion plus in annual cost savings before 2011. 0. 15 4 0. 60 5. S5 Global market presence along with production facilities. Merck operates in 120 countries with 31 factories worldwide. 0. 06 3 0. 18 6. S6 Merck is well positioned in some Emerging Markets and is showing robust growth in China and is actively searching for a partner in India.Merck has developed a separate strategy for positioning itself as numero uno in emerging markets. 0. 15 3 0. 45 7. S7 A vast diversified product portfolio in Medicines, Vaccines, Biologics, Consumer Care and Animal Health. 0. 05 3 0. 15 Weaknesses Weight Rating Weighted Score 1. W1 EPS dropped from $0. 28 from $5. 67 mainly due which reflect a net unfavorable impact resulting from the amortization of purchase accounting adjustments 0. 04 2 0. 08 2. W2 Singulair is Mercks largest volume selling pharma product with a annual sales of $3. 2 billion as of 2010 and this is expiring in Aug 2012. 0. 10 1 0. 10 3. W3 Few of Mercks late-stage pipeline products did not get approved by FDA. Following drugs d id not get FDA approvals anacetrapib for atherosclerosis, cholesterol drug Tredaptive ,Rolofylline for heart disease ,Telcagepant for migraines 0. 10 1 0. 10 4. W4 The firm faced lawsuits on Vioxx product on increased chances of heart attack and Merck Agreement Provides for $4. 85 Billion Vioxx Settlement Payment. 0. 04 2 0. 08 5. W5 Merck settled a lawsuit with JampJ for $500 million over a dispute on two anti-inflammatory records. Merck also looses marketing rights in some areas. 0. 04 2 0. 08 6. W6 Merck Current ratio is 1. 8, has a limited liquidity position as compared to its competitors. 0. 05 2 0. 10 7. W7 Merck has minimal presence in Generic Drug Market. 0. 05 1 0. 05 TOTALS 1. 00 2. 61 Space Matrix Financial spotlight * Return on Investment is Average when compare to Industry. * Leverage Compared to the industry standard, leverage or debt equity ratio of Merck is more industry is whereas Merck is 0. 27. * Liquidity Current Ratio is around 1. 8. Above 2. 0 is pref erred to meeting Short-term obligations. * Working Capital Working Capital is low. Cash Flow Cash Flows for 2010 is very good which is around $9 billion. Industrial Position * Growth Potential Revenues are up by 67% and successful new product launches. And successful merger with Schering Plough * Financial Stability After MampA, company financially is in difficult position, but in long-term it will do recrudesce. * Ease of Entry into Market As Merck already exists in multiple markets and different pharma domains, ease of entry into market is considered high for Merck * Resource Utilization Merck has ROA of 0. 79%, which indicates its assets are NOT at optimum their utilization. Profit Potential As free cash flows are high, profit potential is more. Competitive Position * Market Share Second in global position * Product Quality Two products have litigations. * Customer Loyalty Due to Voixx and other products side effects, customer loyalty became average. * Technological know-how Get ting new biotechnology and bio-pharma industry. * Control over Suppliers and Distributors Merck has control on Suppliers and Distributors. Sustainability Position * Rate of Inflation Same as like other products * Technological Changes Minimal * Price Elasticity of Demand As more are patent products, the effect will be less. Competitive Pressure Yes, there is lot of competition with pharma and other generic drug products. * Barriers to Entry into Market Minimum Barriers. SWOT Matrix SO Strategies * S5O5O6 Healthcare reform emphasizes a paradigm shift to generic drugs from branded drugs and 17% of the patented drugs are qualifying to expire by 2015 and this is an opportunity of $142 billion and there are not a lot of market players in this segment yet. Merck can take advantage of this upcoming situation and start working on generic drugs in the pipeline to be released in the established and emerging markets.We believe Merck should be able to tap into at least $50billion by this strat egy. * S4O4O1 Mercks merger with Schering results in a $6billion of pipeline of drugs and not many patents are expiring in this set. This strategy will result in $3billion of savings before 2011. Merck should further expand their research and innovation thru joint ventures and innovations in the current, biogenetics and other potential domains and follow a market penetration strategy in current and emerging markets.Merck should further expand their research and innovation thru joint ventures and innovations in the current, biogenerics and other potential domains and follow a market penetration strategy in current and emerging markets. ST Strategies * S6T4T1 Healthcare reform can cause major losses in the domestic market and many laws of healthcare are not yet in implementation and the result of this will continue thru 2014 and so, Merck should start expanding globally beyond its current footprint and should focus on generic drugs as a majority of the emerging markets prefer inexpens ive drugs compared to branded expensive drugs.The savings here are double-edged as we minimize the effect of healthcare reform oriented costs and we expand globally and earn more before competition takes over. The potential savings by this strategy is estimated to be a tokenish of $4billion in the next one year considering we have a good presence in many established and emerging markets. * S7T2 Merck should start implementing a pharmacy management program by working about with physicians and customers to deliver a one-of-a-kind integrated specialty pharmacy in every national segment that is part of Mercks customer advisory board.This pharmacy management program specifically targets specialty medications for a number of chronic conditions and helps them break-dance understand their condition, medication side effects, and the importance of adherence. WO Strategies * W2O6O5W7 Singuliar is a branded product of Merck the patent of which is going to expire in 2012 and Merck should equip itself by penetrating into the generic drugs market that will substitute Singuliar and Merck should rapidly expand in emerging markets and focus on improving in existing markets to position itself better for the post patent expiration loss of sale. W3O4 FDAs denial of products in research and development can mouse the product development lifecycle timeline during which competition can catch up and release their own branded or generic drug and so Merck should expand its research and innovation to adopt latest technologies for quicker innovation and also use joint ventures or partners or possible acquisitions to quickly supplement its lacunae in the research areas and thereby position itself for success. WT Strategies * T1W2 More than six of Mercks patents are expiring in the near term.The additional capacity realize upon the cessation of Singuliar manufacturing should be used for high potential drugs which will face limited competition. The high potential drugs in the pipeli ne approved by FDA should be made ready for use for the additional capacity. * W3T3 The current recession caused by multiple problems can hit Mercks profitability and the failure of FDA approvals can cause further sunk losses in the research and development area. Merck should look into outsourcing research and development to places where it is inexpensive for research.Grand Strategy Matrix The extensive analysis of Merck suggests the first quadrant of the Grand Strategy Matrix. Merck is in a good long term strategy and should continue to pursue its strategic plans and the suggested strategies. Recommended Strategies Recommended strategy No. 1 Healthcare reform emphasizes a paradigm shift to generic drugs from branded drugs in an effort to save property for the consumers and to eliminate undue profits for the healthcare or pharma industries. 7% of the patented drugs are going to expire by 2015 and this is an opportunity of $142 billion and there are not a lot of market players in t his segment yet. Merck can take advantage of this upcoming situation and start working on generic drugs in the pipeline to be released in the established and emerging markets. We believe Merck should be able to tap into at least $50billion by this strategy over the next five years with an spry return of $15billion in the upcoming fiscal year.More research and development can be leveraged by outsourcing research and development into areas where its more productive for the investment. A more detailed vision of this strategy in monetary terms is presented in the next section to give the audience a perspective of how this strategy is beneficial in making Merck the number one in the industry with sustainable prosperity set the foundation to diversify into pharmacy management program in light of the healthcare reform. Recommended strategy No. 2Merck should start implementing a pharmacy management program by working closely with physicians and customers to deliver a one-of-a-kind integra ted specialty pharmacy in every national segment that is part of Mercks client advisory board. This pharmacy management program specifically targets specialty medications for a number of chronic conditions and helps them better understand their condition, medication side effects, and the importance of adherence. More research and development is suggested in areas that Merck can improve upon and the excess capacity that will be obtained after Singular should be used for pipeline products.This will position Merck as a differentiator in not just health but the health and wellness industry and will form a close nexus with physicians and customers while pursuing research in the most needed areas to improve life and wellbeing as visualized in the rewrite mission. Projected Financial Statements Projected Income Statement 2010 2011 Revenue 45,987. 00 62832 Around $17 bln increase due to new strategies COGS 18,396. 00 21991. 2 35% of revenue Gross Profit 27,591. 00 40840. 8 Operat ing Expenses $Mil SG&A 13,245. 00 15708 25% of sales R&D 10,991. 0 13991 allocated $3 billion more Other 985 985 Pharmacy Management 200 New Market Development expense 300 Operating Income 2,370. 00 9656. 8 Other Income and Expense $Mil Net Int Inc & Other -717 -717 Earnings Before Taxes 1,653. 00 8939. 8 Income Taxes 671 3575. 92 40% tax Earnings After Taxes 982 5543. 88 Acctg Changes Disc Operations Ext Items -123 -123 Net Income 859 5420. 88 diluted EPS, Cont Ops$ 0. 28 0. 37 Diluted EPS$ 0. 28 0. 37 Shares 3,120. 00 3208 Project Balance Statement Assets $Mil 2010 2011 Cash and Equiv 10,900. 00 11500 short-term Investments 1,301. 00 1320 Accts Rec 7,344. 00 11016 50% increase Inventory 5,868. 00 7335 25% increase Other Current Assets 3,651. 00 4250 Total Current Assets 29,064. 00 35421 Net PP&E 17,082. 00 19555 Intangibles 51,834. 00 52544 Other long-term Assets 7,801. 00 8022 Total Assets 105,781. 00 150963 Liabilit ies and Stockholders Equity $Mil 2010 2011 Accts Payable 2,308. 00 2828 Short-Term Debt 2,400. 00 2605 Taxes Payable 1,243. 0 1300 Accrued Liabilities 8,514. 00 8914 Other Short-Term Liabilities 1,176. 00 1220 Total Current Liabilities 15,641. 00 16867 Long-Term Debt 15,482. 00 18282 Other Long-Term Liabilities 20,282. 00 30455 Total Liabilities 51,405. 00 55604 Total Equity 54,376. 00 85359 Total Liabilities amp Equity 105,781. 00 150963 Projected Ratios 2010 2011 Debt/Equity Ratio 0. 28 0. 65 Return on Assets 0. 79 3. 59 Net Profit margin 1. 87 8. 6 EPS . 28 1. 49 Company worth Analysis Net Worth Analysis Stockholders Equity $66,754,000,000 Net Income x 5 $4,295,000,000 (Share Price/EPS) x Net Income $104,429,857,143 Number of Shares Outstanding x Share Price $104,948,066,926 Method Average $70,106,731,017 Annual Objectives * A projected increase in sales of $18bn is to be expected for 2011 and reduction of Singuliar sales will be $3bn resulting in $15bn. * An additional expense of $3bn for research and development is assume for 2011 as part of recommendation 2. * A new category of expenses called Pharmacy management expenses will search in statement for the amortization expenses of the start up of pharmacy management. A spike in lodge in of $200mn should be aforethought(ip) for due to the loan required for pharmacy management. * The pharmacy management program is expected to yield $2bn in profits in the first year. * New market development expenses should be planned for $300mn. * Merck should plan on generating equity to the tune of $30bn in the year 2011 to meet the expenses related to increased sales. Strategic Review and Evaluation Procedures * At the end of the year, Merck should compare the stated objectives with the actual data.A re-evaluation of IFE and EFE should be implemented and should be checked for variance against the current IFE and EFE. * If no major variance is observed, the same strategies can be act thru the following year. At the same time, if the result of these strategies position Merck in a better place, few more aggressive quadrant strategies should be evaluated and considered at that moment. * In the case of a situation where a wide variance is observed from the planned strategies, corrective actions are recommended after careful evaluation of factors from all applicable dimensions to check the main cause/s of the variance.A revised vision, mission and objectives may be needed at that moment in light of the new changes in external and internal factors. * We would also like to recommend usage of a balanced scorecard to evaluate the firm from multiple dimensions and ensure the overall overture of the firm follows the trajectory. * Key performance indicators should be evaluated from time to time internally against the plans or annual objectives and with industry standards for averages to identify any needed changes to the strategy.

Free Speech on College Campuses

College is a time when most individuals be experiencing major changes and obtain to explore new perspectives. The transition in becoming more independent, creating new insights and peer influence are key factors in changing the perspective of an individual. Students are faced with new ideas from their professors, family and fellow peers. Through that acquired noesis many a(prenominal) students decide that they either agree or disagree with the perspectives that they are taught. Allowing the right of forego spoken language on public college campuses has become an important disclose that many public colleges are starting to address.In college students are capable of swearing their peers ab proscribed issues that are important and controversial. It is important that students are able to fight this right so they flock and inform the student body to promote unconditional change. Free words should be allowed on public college campuses because it liberates students to actively engage in controversial issues. Free Speech is incumbent on college campuses because it allows students to watch out their own beliefs and promote positive change. Free speech can be interpret as, The ability for students to explore controversial topics and give tongue to popular opinions without fear or reprisal (Schmidt 1). College is an important transition in life because it is an age where students are forced to rat their own independent decisions. Students are leaving al-Qaida for the first time and explore new ideas and establishing their own opinion on current issues that surround them. Free Speech is essential because it provides awareness to college campuses and it a proactive management of educating students outside of the classroom.A perfect illustration of this took place on the campus of University of Oregon, it was a debate whether or non the Pacifica Forum should be allowed to hold meetings in University of Oregons classrooms on campus. Although this was no t a popular group, the majority of sight on campus believed that the Pacifica gathering should not be allowed. Despite their opinions, free speech was a great way in this perspective for students to move up together and publically inform the rest of campus of their beliefs. In he school newspaper, The insouciant Emerald, CJ Ciaramelle wrote or so 300 students from across the campus community student unions, Greek Life, the ASUO, the Survival Center, the Womens Center showed up at the meeting to protest the Forum (1). Although the majority of people protested a graspst the forum the right to free speech, it is important because it allows students to make decisions on their own and invite students to do the same.Free speech often has negative connotations because the negative outcomes are publicized more than the positive outcomes. Free Speech is a time for individuals to express their beliefs and topic on an important issue. People chose to present themselves in a vast majori ty of ways such as, belongings signs, making t-shirts, shouting, etc. People who chose to present themselves in disrupting ways such as, foul language, inappropriate fig up are more likely to be noticed than another student that is holding a unproblematic and respectful sign. Schmidt states, Universities cannot censor or suppress speech, no matter how obnoxious in content, without violating their justification of public (2).There is no definition of what type of free speech should be censored and not allowed. With that said, on that address should not be a limit on free speech because people should be allowed to express themselves despite other peoples thoughts on what is acceptable. The opposing view would state that free speech should not be allowed on college campus because it provides an unsafe learning environment. This is a valid point but limiting students to part their own opinions on campus forces the opinions of professors onto students.In the article, The Universit y and Freedom written by Benno Schmit, he states, The assumption seems to be that the mathematical function of reproduction is to induce correct opinion rather than to search for wisdom and to liberate the mind (2). This is a good point suggesting that if students are not allowed to project their opinion, in a sense, it is just another way for Universities to teach by their own views and opinions. The opposition also states that many people are paying for an education so therefore they should have the right to feel safe walking through campus.This is also a valid point, but free speech is an opportunity for people to express themselves. If at any point a person expresses himself or herself in a fashion that is unacceptable it and then becomes another issue such as harassment, trespassing, indecent exposure, etc. The issue would then be addressed as an independent and different case rather than an act of free speech. Many free speech cases can be very bare-ass, but that certainly does not mean that they should not be addressed.It is important that people are not limited to expressing their voice publically because people need to see multiple perspectives then just their own. Free speech also provides an opportunity for students to gather together and promote positive change. Allowing a person to publically speak their minds often is seen to be disruptive. Many people do not cerebrate about the positive outcomes that Free Speech provides. Allowing students to express their opinions often is for the better and creates positive change.It is a proactive way for students to become modernized and inform their peers about issues that are happening on campus. This relates to the Pacifica Forum dispute because students were able to express their views using their right of free speech. A few students were able to educate a majority of students about the Pacifica Forum and were able to force them off of campus. The ASUO president, Emma Kallaway, stated in the Daily Emerald This may seem like a small victory in the larger fight, but its still a tremendous testament to student power that we were able to force this group out of our student union (1).This is an example of Free Speech providing a positive outcome when students can rally together and use their rights to achieve what they set their minds to do. When students become passionate about a certain issue, many of them use freedom of speech as a productive way to inform their peers in hopes to gain positive change for the community. It is important that people understand that Free Speech is an opportunity for students to project their voices to inform and invite more students to do the same. Free Speech is essential when educating and providing students with knowledge that can be refined and controversial.Students should not be limited on what they chose to express. It is important to consider that just because a issue is sensitive and controversial does not mean it should not be discussed. Free speech allows students the right to engage and determine their own perspectives when faced with controversial issues in the real life. Free Speech is also super important because it is a productive way of informing students to rally together to make a positive change that will contribute to better mankind.