New Venture Proposition - Individual work Essay

New Venture Proposition - Individual work - Essay Example The selected name of the restaurant will be â€Å"Rene sense Dinner theatre†. The new theatre restaurant named â€Å"Rene sense Dinner theatre† is offering the area of entertainment and fine dining concept with different, tasty and innovative food recipes. While considering the food in the restaurant, the menu includes cuisine of America, France, Germany, Italy, Japan, Mexico, Spain, and the Middle East. The wide range of cuisines is also a new and different idea in the market. Moreover, when it comes to services presenting good food in a friendly environment will be a positive and strong point for the restaurant. The representation of different cultures and music within a colourful environment, which adds an entertainment factor with dinner, will amaze the customers. Customers will be allowed to choose any theme for their table and then the service for that table will be according to that theme. It will delight the customers and the experience of extreme fun and uniqueness will attract and grab the concentration of the customers towards one restaurant that is providing all entertainment activities and food at one place (Rainsford, 2000). The restaurant industry is a diverse business the reason is that there are various cuisines and cultures that restaurants offer and follow according to the needs and demands of the customers. There are various restaurants that are offering delicious and different food items. Mostly focus on the services and food quality. People around the globe like fast food items a lot, and it is a part of their daily food intake. It is the reason due to which there is majority of fast restaurants in the industry. However, for special occasions and different taste people prefer to experience uniqueness in food items within a good environment. Although there is majority of restaurants, there is no such

Nucor Corporation Case Essay Example for Free

Nucor Corporation Case Essay Summary: For more than 20 years the Nucor Corporation has been one of the leading manufacturers of steel and steel related products in the world. With their technology advancement, low debt ratio, decentralized type of organization and many more, this company still thrives to achieve better goals in their company. Aside from the positive views of the company, it also faced problems like bankruptcy. (te pakidagdagan n lng) History: Nucor traced its origins to auto manufacturer Ransom E. Olds, who founded Oldsmobile, and later, Reo Motor Cars. Through a series of transactions, the company eventually became the Nuclear Corporation of America, a company involved in the nuclear instrument and electronics business. In 1972, the firm changed its name to Nucor Corporation. By 1998, it had become America’s second-largest steel maker. Operations: Nucor related its diverse facilities in rural areas across the United States, establishing strong ties to its local communities and its work force. As a leading employer with the ability to pay top wages, it attracted hard-working, dedicated employees. These factors also allowed Nucor to select from among competing locales, siting its operations in states with tax structures that encouraged business growth and regulatory policies that favored the company’s commitment to remaining union-free. By mid-2008, Nucor operated 53 facilities throughout the United States and one in Point Lisas, Trinidad. The company also maintained operations through wholly owned subsidiaries, Harris Steel and the David J. Joseph Company (DJJ). Strategy: Nucor’s strategy focused on two major competencies: building steel manufacturing facilities economically and operating them productively. Organization Structure: Compared to the typical Fortune 500 company with 10 or more management layers, Nucor’s Structure was decentralized, with only the four management  layers illustrated below: Chairman / Vice Chairman / President Vice President / Plant General Manager Department Manager Supervisor Human Resource Policies: Employee relations at Nucor were based on four principles: 1. Management is obligated to manage Nucor in such a way that employee will have the opportunity to earn according to their productivity. 2. Employees should feel confident that if they do their jobs properly, they will have a job tomorrow. 3. Employees have the right to be treated fairly. 4. Employees must have an avenue of appeal when they believe they are being treated unfairly. Compensation: Nucor provided employees with a performance-related compensation system. All employees were covered under one of four compensation plan, each featuring incentives for meeting specific goals and targets. 1. Production Incentive Plan * employees directly involved in manufacturing were paid weekly bonuses based on actual output in relation to anticipated production tonnages produced. The bonuses were paid only for work that met the quality standards and were pegged to work group, rather than individual output. 2. Department Manager Incentive Plan * Department managers earned an annual incentive bonus based on the performance of the entire plan to which they belonged. The targeted performance criterion here was return on assets. 3. Non-Production and Non-Department Manager Incentive Plan * All employees not in the Production Incentive Plan or Department Manager Incentive Plan – including accountants, engineers, secretaries, clerks, and receptionists – received a bonus based primarily on each plant’s return on assets. It could total over 25% of an employee’s base salary. 4. Senior Officers Incentive Plan * Included all corporate executives and plant general managers. A portion of pre-tax earnings was placed into a pool that was divided among the officers. If Nucor did well, the officers’ bonuses, in the form of stock (about 60%) and cash (about 40%), could amount to several times their base salaries. If Nucor did poorly, an officer’s compensation was only base salary and, therefore, significantly below the average pay for this level of responsibility. Information Systems: Benefits: Nucor took an egalitarian approach toward employee benefits. Nucor’s benefit program also attested to the company’s commitment to education. Technology: Nucor did not have a formal RD department, a corporate engineering group, or a chief technology officer. Instead, it relied on equipment suppliers and other companies to do the RD, and they adopted the technological advancements they developed – whether in steel or iron making, or in fabrication. Teams composed of mangers, engineers, and machine operators decided what technology to adopt. Future: The company’s biggest challenge (in the future) is to continue to grow the company at 15 – 20% per year, and to keep earnings parallel with its growth. Analysis: Nucor Corporation became one of the top corporations in the steel industry because of their handwork and technology innovation. This company also sees and takes care of its employee’s needs, which in return gives them  a quality service in their work. Conclusion: Nucor, even though we can see it as a successful, almost perfect company, still faces problems like other businesses in the industry. Problem: The company has lost one-third to one-half of its market value when the stock reached its peak value (mid-2008), and has not recovered as of 2012. Recommendation: We can recommend change in the company’s technology, like getting more advance equipments in making steel and steel-related products. Or the company could make a merger to other company to utilize its resources to its maximum while keeping cost low.

Proposal for International Foods at the University Dining Services Essa

Proposal for International Foods at the University Dining Services Pedro Cabrera came to State University from Puerto Rico. He decided to be an exchange student at State because he was interested in experiencing life in the United States, and because he was excited about the excellent veterinarian program offered at State. While he loves attending college and living in the United States, there are some things that he would like to change, or rather introduce to State University. Pedro admitted that he feels homesick at times, a feeling not uncommon to new freshmen. He confessed that one of the most important things that he misses about his home is his mother's home cooking. Pedro confessed that the food that the State University dining service provides, does not offer a very wide selection of international food, especially none that are specific to Puerto Rico. Therefore, Pedro would like to propose to the State University dining service that a wider variety of international be incorporated into the daily dining menus. Comfort for international stud ents, variety and accessibility for all students, and a positive aspect of State University are some of the reasons why the introduction of international foods would be beneficial in the residence hall dining services. Pedro shyly admitted before that he feels homesick at times for foods that he eats in Puerto Rico. Like many other students, international or not, food can be a great comfort when students feel homesick. Many students who are not international students can at least relate to the kinds of foods that are found at the dinning services, even if they are not exactly the same as a home cooked meal. For international students, however, the food served at the dining ser... ...idence hall dining services. On an everyday basis, State University tries to help students adjust to college life in one way or another. The dining service would be taking a large step towards assisting international students in this matter. Not only this, the dining service would join in the campaign to educate students in something new, each and everyday, by exposing all students to new international foods. Plus, at the same time, they would be saving all students a great deal of time and money, and not to mention, keeping them excited about eating in the dining services on a daily basis! The proposed way of incorporating international foods to dining service is both simple and efficient. The introduction of new and different international foods to residence hall dining services would benefit everyone who has the pleasure of dining at Iowa State University.

Effectiveness Of Cost Sharing Mechanisms Health And Social Care Essay

The cost of health care has become an progressively outstanding issue in recent old ages. In the United States every bit good as in many European states, wellness related costs have risen significantly and have progressively constituted a larger proportion of GDP.[ 1 ]The rapid addition in health care costs has threatened to force healthcare systems in certain states to the fiscal threshold. Citizens in states with privatized systems like the United States ‘ have seen their premiums rise at rates higher than rising prices with many people going unable to afford even basic wellness insurance. In states with cosmopolitan wellness attention, costs have besides risen with much of the load being passed on to occupants in the signifier of higher revenue enhancements.[ 2 ]The recent health care argument in the United States underscores the importance of this issue. Although there was dissension as to how the job of unaffordable health care should be solved, there was a general consens us that something had to be done to lower wellness attention costs. The demand to drastically cut down health care costs and increase efficiency has led to much research and argument. Many inefficiencies exist within the system but for the intents of this paper, the chief focal point will be on over use of wellness attention services and more specifically ambulatory attention. Regardless of the type of insurance, the presence of the 3rd party remunerator has the possible to bring on over use of wellness attention services. If patients are non straight exposed to the costs of their ingestion, there is considerable inducement for them to take advantage of the system and to devour at a higher rate than they would hold otherwise. This extra ingestion is the consequence of a general phenomenon called moral jeopardy. Moral jeopardy exists when one party ‘s insularity from hazard causes it to act in mode that is inconsistent with how it would hold behaved had it been exposed to that hazard.[ 3 ]In order to battle extra ingestion and fringy use of ambu latory services, the mechanism of cost sharing through copayments is frequently used. Copayments are either a level fee or per centum of entire monetary value which the user must pay upon ingestion of services. The principle behind copayments is as follows: insurance users are by and large desensitized to the cost of their services because they incur no disbursals at the point of ingestion. This desensitisation leads to an extra ingestion of services. By doing the user wage a part of the cost at the point of ingestion, one forces the user to go sensitive to the costs of his/her ingestion therefore cut downing his/her leaning to demand and consume unneeded services.[ 4 ]The usage of copayments is rather important because by cut downing the over use of ambulatory attention, one efficaciously reduces the load born by taxpayers and premium remunerators. Cost sharing through copayments has proven effectual at cut downing over use in many cases but is its effectivity the same in all systems? Furthermore, do the economic demographics of the user population have any consequence on the efficaciousness of user payments in cut downing the use of ambulatory attention? A expression at the effects of copayments in the Medicaid system in the U.S. versus in the German Universal Healthcare system will supply great penetration into this issue. Overview of Systemic Differences Both health care and wellness insurance in the United States are provided chiefly by the private sector. The cost of health care constitutes a important part of national and single income with the United States taking the universe in money spent per individual on health care. Although the United States spends a considerable proportion of its income on health care, approximately 11 per centum of its citizens remain uninsured with an estimated 21 per centum holding less than equal coverage. The logical thinking of those who remain uninsured varies from circumstance to circumstance. Some people choose non to inscribe in an insurance program because they do non experience like they have considerable wellness hazards and experience that their income could be put to better usage. Others, who have fallen victim to fiscal strain, merely do non hold the resources to afford equal insurance or any insurance at all. The people in the latter class frequently have incomes that are merely above the threshold that would measure up them for governmental assistance, but for those who live below what has been established as the poorness line, assorted plans exist to help with wellness insurance.[ 5 ] One of the primary plans which the U.S. uses to supply wellness insurance to the hapless is the Medicaid system. Medicaid was founded in 1965 under the Social Security Act. The Medicaid plan is jointly funded by the federal and province authoritiess. Each province names its ain Medicaid plan and has the duty of puting its eligibility guidelines while the Center for Medicare and Medicaid services sets general parametric quantities with respects to support and service bringing. Poverty is seen as the chief requirement for Medicaid eligibility, but low income entirely does non measure up an person for Medicaid coverage. In fact, a considerable part of hapless person in the United States do non measure up for Medicaid. In order to measure up for Medicaid, an single must fall into either one of the Mandatory Medicaid eligibility groups or into what is defined as a flatly destitute group. The people who fall into these classs range from Supplementary Security Income receivers to medically destitute individuals with inordinate medical costs. For the intents of this paper the most of import thing to maintain in head is that the bulk of Medicaid users fall below the poorness line.[ 6 ] The universalized German health care system contrasts greatly with the privatized American system. 88 per centum of Germans are covered under their Statutory Health Insurance Plan with the other 12 per centum choosing for the private sector. The national health care program is compulsory for all salaried employees, and merely a few select groups have the option of buying premium private insurance. Premiums are set by Germany ‘s Public Ministry of Health to degrees that are determined to be economically feasible. Premiums do non take into history the wellness position of persons but alternatively are based on a per centum of wage. Because the cosmopolitan system covers the bulk of German citizens, the demographics of its users differ greatly from those of the Medicaid system. More specifically, the mean income of the typical German user is significantly higher than that of the norm Medicaid user.[ 7 ]Comparison of Two Natural ExperimentsIn order to compare the comparative effect ivity of copayments in the two systems, this paper will see informations from two natural experiments. One survey by Helms, Newhouse, and Phelps entitled â€Å" Copayments and the Demand for Healthcare: The California Medicaid Experience, † examines the consequence of the debut of copayments on Medicaid users in California. The other survey entitled â€Å" Copayments in the German Healthcare System: Does it Work? , † examines the effects of the debut of a 10 Euro copayment for the first physician visit of each one-fourth in Germany. Because of lifting wellness attention outgos, in 2004, the German authorities introduced a copayment for all those covered by Statutory Health Insurance. Those covered by private insurance programs where exempted from the copayment and therefore within the model of this experiment service as a natural control. The copayment was 10 Euros and was to be paid upon the first physicians visit of each one-fourth. Certain groups were to be exempted including those with chronic conditions and patients with well low incomes. The information collected in the survey covers 2000-2003 and 2005-2006 – the periods before and after the intercession. Harmonizing to the Data collected in the Study, the figure of doctors visits for non exempt SHI members dropped from 2.75 in 2003 to 2.5 in 2004. That figure increased to 2.6 in 2005 before falling back to 2.5 in 2006. Interestingly PHI members followed a similar tendency during this period with mean visits falling from 2.25 in 2003 to 2 in 2004 so lifting back up to 2.5 in 2005 before falling back to 2 in 2006.[ 8 ]The fluctuation in these Numberss suggests that while the copayment may hold had an initial consequence, it did small to cut down use of ambulatory services in the long term. A similar natural experiment took topographic point in California in 1972. In order to cut down use of ambulatory services, Medicaid patients were asked to pay a little out of pocket fee for certain out of infirmary services. A group of patients was exempted to function as a control. Data was collected for six quarters from July 1971 to December 1972. The sample includes 400,662 persons from the San Francisco, Tulare, and Ventura Counties. The demographics of the sample differed greatly from the general population with 100 per centum the participants being low income persons. From January 1, 1972 to the terminal of the experiment, the Californian authorities imposed a copayment of 26 per centum on the sample population. The copayment was $ 1 for the first 2 visits of each month with subsequent services being offered for free. In the copayment group, the mean figure of doctors visits per one-fourth decreased from.6772 before the imposed copayments to.6494 stand foring a 4.1 per centum lessening in use. For the control group the figure of visits dropped from.7316 to.7274. Using complex methodological analysis, the Numberss where adjusted to account for demographical and behavioural differences between the experimental and control group. After this accommodation, it was found that the existent consequence of the 1 dollar copayment was a important 8 per centum decrease in physicians visits.[ 9 ]DiscussionThe findings of these two experiments are important. While the debut of the copayment in the German system seemed to hold the initial consequence of cut downing use, in the long tally it proved futile. On the other manus cost sharing seemed to hold rather a important consequence in the Medicaid system in California. There are assorted grounds for this statistical disparity. One may be the differences in fringy public-service corporation that exist between the two populations. The Californian experiment monitored a public assistance population. Because all of the to pics were of low income the fringy public-service corporation of one dollar was rather high. Given this fact, it is rather likely that even a little sum of money played a important function in changing their behaviour. In contrast, the mean member of the German population was comparatively good off. The bulk had the agencies to take attention of life ‘s basic necessities. The fringy public-service corporation of their money was well less than those of the Medicaid users. This is likely why the infliction of copayments had really small permanent consequence on the use of ambulatory services. It is besides likely that other factors including assorted regional, societal, and cultural differences, may hold contributed to the disparity, but more research is required to asses the effects of these variables.DecisionGiven the consequences of the two experiments, it appears that the socioeconomic demographics of an insured population play a important function in the effectivity of user payments at cut downing over use of ambulatory services. Cost sharing mechanisms are rather effectual at cut downing over use in poorer populations, but loose their effectivity with more flush insured populations. While it is rather clear that a important relationship exists between the efficaciousness of cost sharing mechanisms and the income degree of insured populations more research is needed to find the full extent of this relationship.

Proficiency Level in English Communication Skills Essay

â€Å"English is without a doubt the actual universal language†. While English is not an official language in most countries, it is the language most often taught as a second language. English is most widely used in communicating around the world. The information that we* the researchers gathered about communication and English made them realized that the two terminologies must be always together. Good communication creates a good ambience and relationship between everyone in every organization most especially if it is inside a business while English is now required in every company. Language is now considered a skill, in fact, big companies, both here and abroad, are now looking for good English communication skills among potential employees, sadly, these companies are disappointed. Sad to say that even the students nowadays are not practicing effective communication; some really don’t want to practice it and some are practicing it in the most improper way in the form of the so-called â€Å"taglish†, a combination of Filipino and English words in one sentence. We* The researchers became interested with the English communication proficiency of the secondary students nowadays; those who can afford to enroll in college will be privileged to learn and be trained more with their communication skills, but what about those students who cannot afford to be upgraded in tertiary level? Of course they’ll apply for a job to make a living, but the problem is, even the few available jobs for high school graduates require good communication skills, and unfortunately, we*as the researchers have noticed, most high school students are not prepared for this kind of challenge. Some of the students are good in written communication but not that good when it comes to oral because some are shy to let others hear their English, or afraid to execute a wrong grammars or bad sentence on how or the way they talk.

Democracy in American History essays

Democracy in American History essays There are many events in United Stated history that prove democracy had worked in this country. I researched five different examples in American history where the American people got what they wanted. The five things I choose to discuss are the fight for womans voting rights, Civil rights movement, Prohibition, Education, and Gay and lesbian rights. Winning Suffrage, the right to vote, had been a focus of woman reformers since the Seneca Falls convention in 1848. Woman have tried many things though out American history to gain woman voting rights. Woman have challenged the 14th amendment and pushed for an amendment to let them vote but all this did not work until the 1900s. People like Carrie Chapmen Catt organized committees to help push for the amendment. Finally in 1919 the nineteenth amendment was ratified, after 72 years of work the woman got what they deserved. In the 1873 many people wanted prohibition which is the banning of selling alcoholic beverages. Committees like the Woman Christian Temperance Union founded in 1873 promoted prohibition. But by the mid 1920s only 20 percent of the American people supported prohibition because it increased the crime rate. So in 1933 it was repealed by the 21st amendment. Education was another issue that stirred peoples concern about the future of there children. In 1963 a presidential commission issued a report on education entitled A nation at risk. The report showed American schools scores lagged behind those of other nations schools. It also showed that an average 17 year old could not tell Russia from Florida on a map or fill out a job application. The commission recommended increasing school year , long school days , increase pay for teacher , and emphasis on math and English. Finally in 1991 President bush announced a bold new education initiative called America 2000 which stated that people can choose to send there children to privat...

How does Baz Luhrmann make his film of Romeo and Juliet exciting and relevant for a contemporary audience Essay Example

How does Baz Luhrmann make his film of Romeo and Juliet exciting and relevant for a contemporary audience Essay Example How does Baz Luhrmann make his film of Romeo and Juliet exciting and relevant for a contemporary audience Paper How does Baz Luhrmann make his film of Romeo and Juliet exciting and relevant for a contemporary audience Paper Essay Topic: Romeo and Juliet Baz Luhrmann had to encapsulate a timeless Shakespeare classic into a contemporary, snappy, interesting and engaging Hollywood blockbuster. Well, no one said it was going to be easy. But the question still remains how did he do it? Todays generation has been brought up with incredibly strong visual input through media such as television, posters, magazines and the internet. So doing justice to Shakespeare himself, while still trying to appeal to a modern audience was the first problem he would encounter. To tackle this he would have to incorporate an element that would not only relate to his target audience: teens and young adults, but would maintain the genius of Shakespeares masterpiece as well. However, Shakespeare has been thought of by many as being dreaded and boring, so Luhrmann had to overcome this first and push forward into a new realm of understanding and interest. He tried to find the things in Shakespeares work that still go on today; for example the idea of gang wars and illicit relationships. After this he substituted all the things in the original text for more updated things, guns instead of swords, cars for horses and crazy partys with drugs and transvestites instead of glittering balls. In general Luhrmann has tried modernising the whole film and using familiar images of today to give a sense of security so the people watching arent completely lost. One of the ways this was used was to have the setting in a place similar to somewhere like Miami Beach, but then changing the name to Verona Beach, the original name of the town. They have chosen this location to give an element of fun into it and lift the weight off the heavy content of the play, and since the original play was set in Italy, they mixed it in with a little Rio De Genero, giving it a Catholic slant. To make the 2 families bear a visible difference, Luhrmann dressed them in a very different style of clothes. The Montagues were dressed in easy-going Hawaiian shirts and beach like clothes, whilst the Capulets are dressed in black with cowboy boots and spurs on the end. This idea is used when the two houses fight and some western style music plays and its like a showdown. They also have pictures of Mary and Jesus on their guns which has a link to the catholic theme of the city. Luhrmanns used music to weave its way through the film so that even if you dont understand the complex language just by listening to the music and watching the screen you can get a hold on what is going on surprisingly well. He also uses special effects in the same way, so that anyone can work out the gist of whats going on. He used different camera angles to create some of the effects, for example long shots to generally set the scene for action, or to show the aftermath of something, for example at the scene of Mercutios death. At the very beginning of the film, they show the prologue as a news reporter reading it out on the news. This immediately sets the scene by showing the audience that it set in the relatively modern day. A man then repeats it while its showing some quick flashes of fights and the statues in the city and their buildings. This adds drama and properly sets the scene, as it really shows what level the fighting is at and how much each house hates each other. Looking more closely at a particular scene you can see how the special effects and music and all the elements of the film come together and make it work. The scene I chose to look at is like a turning point in the film, where the good turns bad and the true tragedy begins to unfold. At the start of the scene there is a long shot of some of the billboards near the beach. There is some dancy background music coming from a radio and the camera is darting around and pans from side to side giving the impression of someone looking around, and to establish the surroundings. Then it has a series of close-ups on peoples faces, for example people in a car driving past in bikinis and beach clothes. A beat starts then it goes to Benvolio and Mercutio walking down and play fighting with the guns and doing tricks on them. A western style of music comes on and they carry on walking down the beach. The use of guns is relevant to the society and the camera angle is rolling which gives it a strong feeling of unease, like there is something wrong. A while later the nurse arrives wearing a red outfit, which is the colour of love, so it means that love is in the air.