Siemens Teamcenter

Executive Summary Efficiency is of critical importance in business operation. It is only through efficient operations that a business organization assures profits and value for customers money. In the course of trying to look for means of making work easier through improving working efficiency, many companies have found project management tools very useful.Advertising We will write a custom report sample on Siemens Teamcenter specifically for you for only $16.05 $11/page Learn More These tools are intended to provide organizations with improved working efficiencies while maximizing production and business output. Project management tools also help towards bringing to manageable levels the overall cost of producing goods and services. One such project management tool that is becoming popular is the Teamcenter. Teamcenter is a software program hosted by Siemens that has proved very helpful when it comes to improving business performance. This report presen ts findings from a research carried out on the teamcenter as a new technology that improves business operational efficiency. The research focused on and thus the report highlights the strength and weakness of the teamcenter as a tool. Consequently, the report further looks into ways of dealing with the outlined weakness inherent in the teamcenter. In equal measure, the report highlights how the strengths of the teamcenter can be accentuated to accord an organization maximum benefit. From the research done, the teamcenter has not fared badly and in fact, it has gained enormous popularity with many clients. The ability of the program to help people working on the same project to collaborate is among the reason why Teamcenter has gained such support from many clients. The other quality popularizing the software is the potentiality of the program to integrate with other programs from other companies. Given the program’s compatibility with programs developed by other companies, it has proved to be very cost effective. Above all else, the critical attribute of the software is its ability to improve the working efficiency, which in turn improves business performance. This capacity has attracted many businesspersons to using the program. Those who have tried it greatly appreciate and many acclaim it as the perfect solution to business operations streamlining. Introduction Of late, the world has turned its attention to information and communication technology as a way of helping improve the working conditions and at the same time making work simpler. With the increasing interest in simplifying and integrating the business operations across the world, project management tools have come in handy for many business organizations. These tools are intended to provide organizations with improved working efficiencies, maximize productions and business productivity as well as bringing to manageable level the overall cost of producing goods and services.Advertising L ooking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Programs such as Microsoft projects Prowork Flow and Siemens Teamwork are some of the various programs that business organizations are using to improve their business operations. Different IT tools have different features and capacity. However, although the programs are different in the way they handle operations, the result is that they all organizations towards being able to achieve better results. Teamcenter is reputed for making work easier and consequently achieving better results in the organizations that deploy it. There are many ways in which teamcenter impacts on business operations. The most critical ones are as follows:- Individual and Team Productivity: Do More in Less Time Regardless of where an individual is operating from in the world, Teamcenter will always assist you to perform job in a better way (CIMdata, 2010).. With Teamcenter 8, which ac tually is the second most important release of the combined Teamcenter platform, one can access information speedily in the context he or she require it. Teamcenter equally offers live incorporation with Microsoft office, together with word, PowerPoint and access (CIMdata, 2010). It has been noted that this release of Teamcenter is an invention of many years of research as well as continuous improvements made to the Teamcenter Product Lifecycle Management (PLM) software (CIMdata, 2010). Application Productivity: Make the most of End-to-End PLM As discussed on CIMdata (2010), Teamcenter 8 comprises of hundreds of new features and assortments. Consequently, with Teamcenter 8, an individual is able to initiate new solutions for content and document administration. Teamcenter turns on the right submission when you require it (CIMdata, 2010). This capacity results from the Teamcenter’s incorporated structural design, which makes it ideal to drive any company’s application e fficiency. IT Based Advantage Teamcenter is project management tool that one can easily customize to suit organizational needs (CIMdata, 2010). This tool is useful for organizations that work on internet business platforms. It provides ways through which one can consolidated different internet sites into one manageable platform. Many improvements have been done to Teamcenter and thus making its usage a memorable experience among those who may happen to work on or with it (Cable, 2009). The current release by Teamcenter according to Cable (2009), just entails what many companies may appreciate, in recognition of enabling them meet the ever-increasing demand for efficiency and simplification of task in business operations. The improved efficiency should as well be understood to largely translate into reduced operation costs. With regard to Teamcenter 8, Cable (2009) notes that being the second most important release of the unified Teamcenter, the program has been a result of many year s of research.Advertising We will write a custom report sample on Siemens Teamcenter specifically for you for only $16.05 $11/page Learn More Many clients in the process have made a move from the older to the newer versions of Teamcenter. As per research done by Cable (2009), it was discovered that most clients were contended with smooth transition from the older to the newer version. The company was equally found to be using high quality technology in all their releases, an attribute that made its products such appealing. According to Europa Science (2011), Teamcenter products such as Express Version 5.3 contentedly combine with Microsoft products as well as Adobe acrobat Software. This proves that the Teamcenter can equally be used together with products from other companies that they may work together and hence reduce the extra cost incurred in purchasing different equipments. Currently Siemens PLM has released Teamcenter mobility, which is a mobile connection tool for use with products from other companies; for example, the tool enables use with products such as the Apple iPod (CIMdata, 2010). The tool is available promptly at no cost and in paid version, with the free version having more features but permitting admission only to a section Teamcenter installation hosted by Siemens (CIMdata, 2010). This release has made Siemens appear to lead the way in showing how much can be attained with production lifecycle management technology (Newton, 2011). Newton (2011), shows that Teamcenter Mobility has many revolutionary features and thus by using Teamcenter, clients are able to augment efficiency and cut down on cost. Gourlay (2009) explains some main features of Teamcenter and highlights how it incorporate with other accessible programs used for the same rationale of improving work effectiveness. Gourlay (2009) goes further to provide a designation for Teamcenter noting that it’s a production lifecycle management (PLM) soft ware that has been developed to permit better performance. The use of this software according to the author will lead to great reduction in operation costs because effectiveness in operation will be emphasized. Levine (2009), on the other hand, comes up with another definition of Teamcenter, where he describe it as a management device that can be functional in any assortment of work circumstances to realize improved output from a team of collaborators. The author further notes that managers too can make use of this tool to ease business processes as well as improving the level of competence and efficiency. Being a powerful tool, the software can be used by anyone who may wish to have all business connected information in one place and thus considered suitable for big and well-established business.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The release of Teamcenter 2007 heralded development of some key features that were not initially included in the previous versions (Siemens, 2008). Other key design functionalities highlighted by Siemens include, preparation for necessities as well as for the implementation of development management assignment. SlideShare (2011) highlights the main features of Teamcenter that can assist to make better the aspect of collaboration. This is owing to the fact that Teamcenter can be used to give assurance of better collaboration amongst team members working on the same project. There is also the mention of how Teamcenter as a program can be used together with other available software for improved efficiency and better output. World chief Mechanical seals experts AESSEAL have honored a contract to Majenta PLM the foremost Siemens Industry software business associate in Europe (TenLinks, 2011). The contract is intended to make available and put into practice multi –site license of t he Siemens Teamcenter product lifecycle management (TenLinks, 2011). Ultimately, Teamcenter will be used to run all product-connected information across all AESSEAL sites around the globe. AESSEAL membership agrees that there is no better project cycle management tool than Teamcenter. They had already implemented other systems but having learnt about Teamcenter, they concede that it offers a more comprehensive platform, which best supports global business operations (TenLinks, 2011). This management system is intended to reduce the cost of operating business. AESSEAL established Teamcenter as the best management system, which had the capability of enabling AESSEAL to unite and integrate product information and business development within a combined IT environment that is accessible to all, no matter where they are actually situated within the AESSEAL community (TenLinks, 2011). Among the reimbursements that AESSEAL anticipates achieving from the execution of Teamcenter are reduced p roduct developments and enhanced cost control. The objects are achievable through superior and easier admittance to state-of-the-art product information and through rationalized product development and business progression (TenLinks, 2011). Information Analysis From the above information, some conclusive analysis of the finding can be carried out. It is without doubt that Teamcenter has had quite a success in delivering what was expected. From the original goal of cutting the operation cost to improving the business performance, the program has been quite successful. Similarly, the program has attracted quite a lot of interest from managers of well-established business organization and ordinary persons. This is because the program has been found to fulfill the need of each particular client that intended to acquire the services of the program. The managers for example can obtain business related information from one place while using the Teamcenter; while a common person can as well integrate the program with Apple I pad and correspondingly enjoy the services he wishes to get. Another inference that can be derived from the research findings is that Siemens uses high quality technology to come up with the program. This is attributed to the fact that the program comfortably integrates with other programs made by different companies but which likewise perform the same task. Such programs are the Microsoft work, prowork flow, among others (Microsoft Corporation, 2010). This clearly gives the impression that the program is quite effective in cutting down the operation cost as this act of integrating with other programs simply implies that one will not be required to have an extra equipment to enjoy the same service. On the other hand, there are still some improvements that the company is required to come up with in order to cut a big share of the market. These improvements may not be instantaneous but may in the end be of much assistance to the company. Through ext ensive research this improvements are very possible to achieve. Recommendations From the report information provided above there are a number of recommendations that one can propose to the management of Siemens. First, Siemens as a company needs to creatively generate ways of taking advantage of the high demand of Teamcenter in order to boost it revenue through increased sales of the program to the people. Creative marketing to the product could help make it accessible and demanded by more individual across the globe. Therefore, it is recommendable that teamcenter is marketed in order to increase its demand and ultimately raise the revenue of the company. Finally, the program is supposed to be made using the state –of –art technology, which will make it more compatible with many other programs from other companies and in the process increase its demand and consequently its revenue potential. Conclusion This report presents findings on Teamcenter, which is project manag ement software. Like many other project management tools, Teamcenter helps simplify business operations. Additionally, the software by simplifying operations thus improving efficiently, it helps towards cutting down the cost of operations. From findings presented in this report, it is obvious that Teamcenter has had success in the market. Reference List Cable, J. (2009). Teamcenter 8 Aims to Drive PLM Productivity. New York: Penton Media, Inc. Retrieved from http://www.industryweek.com/articles/teamcenter_8_aims_to_drive_plm_produc tivity_19589.aspx?ShowAll=1SectionID=4. CIMdata. (2010). Teamcenter â€Å"Unified†: Siemens PLM Software’s Next Generation PLM Platform – A New White Paper from CIMdata. Michigan: CIMdata, Inc. Retrieved from: http://www.cimdata.com/news_events/press_release.html?press_release_ID=6 Europa Science. (2011). Teamcenter Express V5.3. UK: Europa Science. Retrieved from: http://www.scientific- computing.com/products/product_details.php?pr oduct_id=945. Gourlay, J. (2009). Siemens PLM Launches Teamcenter 8, Tecnomatix 9, Joins IBM in Offering PLM Solution. New Hampshire: Desktop Engineering. Retrieved from http://www.deskeng.com/articles/aaarnm.htm. Levine, R. R. (2009) Review of Siemens Teamcenter. New York: Bright Hub Inc. Retrieved from: http://www.brighthub.com/office/project- management/reviews/15495.aspx. Microsoft Corporation. (2010). High Availability Options for Siemens Teamcenter on SQL Server. Redmond, WA USA: Microsoft Corporation. Retrieved from: http://download.microsoft.com/download/6/D/A/6DAFDB58-8198- 49F3-B44F 67036C436567/High%20Availability%20Options%20for%20TeamCenter%20with %20SQL%20Server.pdf. Newton, R. (2011). Siemens PLM launches Teamcenter Mobility for iPad. Vancouver: Graphics peak. Retrieved from : http://gfxspeak.com/2011/04/05/siemens-plm-launches-teamcenter-mobility-for- ipad/. Siemens. (2008). Teamcenter Review by Desktop Engineering Lauds â€Å"Bulletproof PLM†. Plano, New Yor k: Siemens PLM Software. Retrieved from: http://www.imakenews.com/ugscorp/e_article001068745.cfm?x=b11,0,w. SlideShare. (2011). Siemens Teamcenter Express software – Presentation Transcript. Detroit: SlideShare Inc. Retrieved from: http://www.slideshare.net/guest8371da27d/siemens-teamcenter-express. TenLinks. (2011). Majenta Gets Siemens Teamcenter to UK’s AESSEAL. Novato, CA: TenLinks, Inc. Retrieved from: http://www.tenlinks.com/news/PR/MajentaPLM/040411_AESSEAL.htm. This report on Siemens Teamcenter was written and submitted by user Frankenstein'sMonster to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

HuckFinn essays

HuckFinn essays The Adventures of Huckleberry Finn Mark Twain 1. In the novel, The Adventures of Huckleberry Finn, Huck Finn was the main character. The story was told through his eyes, and most of the events that took place happened around him. But some of these events would not have happened without other main characters as well, like Jim, Tom Sawyer, the King, or the Duke. Hucks personality at the start of the novel had changed gradually throughout the novel and until the end. At first, Miss Watson tried to make him pray for things but Huck did not believe in praying because it brought him bad luck. Later in the novel, Huck tries to pray for forgiveness and wants to erase his sin for stealing a nigger. After he prays, he feels he can pray openly now and will not sin anymore (CH. 31). Huck was also superstitious and believed that everything that went wrong was because of certain things he did, like the snake in Jims blanket. And everything was blamed on the bad luck Huck and Jim had. Huck also be came kind, especially after the quarrel with his father, pap. He learned that in order to get along with people (like the king and duke), you have to let them have their way, and Huck did. Jim, at first, was looked upon as just an ordinary nigger. But Huck and Tom soon realized that he was very smart and had helped Huck through most of his adventures. But as a nigger, Jim was looked up to as a hero to other niggers. For instance, Huck tells the reader when niggers from all over the country came to see Jim and hear of his heroic stories and every nigger wanted to be like Jim. Jim was also very superstitious, especially in chapter eight when Jim talks about all of his superstitions, like counting the things for dinner and telling the bees that their owner had just died. All of this supposedly brought bad luck. Tom Sawyer was also a very influential character to the story. He was the one who came up with all the solutions for things, which eventua...

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Popular culture-Respond to questions - Essay Example As land continuously became scarce, the American frontier concept evolved the great land expanse to the frontiers such as ocean and space exploration, which were less tangible. Shames asserts that had the supply of more carried on indefinitely, expansion would could be a goal in itself. This would give rise to a value system founded on bulk rather than quality of life. Therefore, the American situation today is based on the fact that there is less to be had (Shames et al 93). According to Shames, there are connections between the history of the American frontier and consumer behaviour. The connection stems from the American culture of wanting more, which is not easily satisfied, which is synonymous to the frontier history. In this sense, the â€Å"more is better† notion that emerged during the frontier era has not changed and is still evident in consumer behaviour. He further points out that the sense of quality among American consumers has lagged behind that of scale. Therefore, both the American consumer and the frontier history are not quite about the quality of what one gets but rather, quantity. In the frontier history, people were more concerned about the acreage of land they would acquire and not its quality. In a similar manner, the modern consumer behaviour focuses more on how much the consumer can get rather than the quality of what they are purchasing (Shames et al 94). Retailers make use of spatial organisation design to affect consumers’ buying habits and their behavior. Depending on how stores use their space to arrange merchandise, they can determine how easily consumers can locate what they are shopping for. The idea of displaying the latest designs of clothes on the right hand side of the entrance to American shops was informed by the notion that people tend to walk the way they drive. On the same note, that is why fast-food outlets are

Examining Perfectly Competitive And Monopoly And Oligopoly

Examining Perfectly Competitive And Monopoly And Oligopoly For the cause of enlarging our knowledge of Economics, we did this assignment. There are three main parts in it. They are Perfectly competitive, Monopoly and Oligopoly, which are really important in Economics. But not simple to learn in Economics study. The questions need us to draw graphs and use calculations for them. These questions would help us have a better understanding of them. Finding: 1.A number of markets are developing on the Internet. One of those market is eBay. Check out eBay at www.eBay.com and explain whether you believe that the eBay Internet auction market is perfectly competitive. Be sure to explain which of the six conditions of a perfectly competitive market are met and how. A: eBay is an online auction Website. Consumers use the Internet to research the goods they desire, then they look for bargains of the same products on eBay. If the products are available, a bid is entered and the winner of the auction eventually pays with her credit card. In addition to regular mail, vendors also use express-mail service to send the purchases to buyers if they choose that option. eBay is different from Amazon.com, another popular e-commerce Website, in that prices on eBay are set by the negotiation between bidders and sellers, whereas Amazon.coms prices are mostly determined by sellers. It is likely to Taobao, which is a well-known shopping website in China. ( http://baike.baidu.com/view/7777.html?wtp=tt, 2010) I believe that the eBay Internet auction market is perfectly competitive. Because it possess these four characteristics: There must be many and sellers in the market, none of whom is large enough to influence price. eBay have kinds of sellers to satisfied distinct demands in goods of consumers. No big firms control small firms. There is freedom of entry to and exit from the industry. Firms must be able to establish themselves in the industry easily and quickly. eBay sellers can entry and exit the business depend on their wishes. Buyers and sellers posses perfect knowledge of prices. They know the market and price well. They gain lots of information about that. All firms produce a homogeneous product. For example, there are many sellers in eBay have the same product, you can choose one base on service or else.  ¼Ã‹â€ Marcouse, 2008) Perfect competition requires that the following six conditions be fulfilled. In such a market, prices would normally move instantaneously to economic equilibrium. Atomicity An atomistic market have small producers and consumers on a given market, so that its actions have no important impact on others. Firms are price takers, which means that the market decide the price that they must choose. Homogeneity Goods and services can substitute perfectly, so all firms sell the same product. There is no difference. Perfect and complete information All firms and consumers understand the prices decide by the whole firms. Equal access All firms have entryed to production technology. If they wanted, they could free to entry or leave. Individual buyers and sellers act independently The market cannot have scope for buyers or sellers get together to have a overall view about the market price. (http://www.statemaster.com/encyclopedia/Perfect-competition#Requirements, 2010) Draw marginal revenue ¼Ã…’marginal cost and average total cost curves for a typical perfectly competitive firm and indicate the profit-maximising level of output and total profit or loss for that firm. Is the firm in long-run equilibrium? Why or why not? Figure1 This is a typical perfectly competitive firm firm graph. It is loss. Figure 2 Yes. It is long-run equilibrium. Because there is a point that LRAC line, ATC line, MC line and MR line intersect. The United States Federal Communications Commission (FCC) regulates interstate and international communications, including merger activity within industry. Go to the FCC website at www.fcc.gov and search communication companies and answer the following questions: What reasons do consumers and producers have for opposing the merger? What reasons do consumers and producers have for supporting the merger? Does the theory of a monopolist discussed in class and the textbook support the reasons stated in your answers to a and b? A: a). 1.A monopolist charges a higher price and produces less output than a perfectly competitive firm. 2.Consumers have less choice, because one product only be produced bu one firm. 3.High barriers to entry means other firms cannot enter the market. 4.Governments can earn heavily tax through monopolies. 5.Governments can nationalise the monopoly (make it public) and therefore can keep prices too high. 6.Government can decline entry barriers (which is not good for the monopolistic firm). 7.The economy may suffer as less consumer spending may happen because of high prices charged by monopolistic firms. 8.Exploitation of consumer price discrimination 9.Potential for inefficiency complacency over controls on production 10.costs because there is no competition 11.May lack motivation and innovation because there is no competition To sum up, these 11 disadvantages of monopoly. Consumers and producers have for opposing the merger for their own profit. (Marcouse, 2008) b). 1.A monopoly may produce at a lower cost than a competitive industry. This is due to economies of scale, which a monopoly is able to exploit more than a competitive firm, as the monopoly is the sole provider of that good. The ability to set prices at a higher level in order to gain an abnormal profit. However, monopolistic firms are not simply able to charge a price they deem fit for the product, since it is constrained by its demand curve. A higher price will result in a fall in demand, and that may subsequently lead to a fall in revenue (depending on elasticity). The majority of monopolies are belonging to government, so tax will be higher. It can give more money to perfect public goods. Consumers may like price discrimination as it could be in their favour. There can be more control and stability in an industry if a monopoly is present. If it is a natural monopoly, it would be suitable an necessary. Encourages spending on RD which may create better products. Some products and services are not likely to be produced without some guarantee of monopoly protection. Economies of scale can be gained consumer may benefit from a lower cost In conclusion, consumers and producers supporting it, because of these several advantages. c). In general, I think monopolist discussed in class and textbook support the reasons stated in my answers to a. Because from a and b we can know disadvantages of monopoly are greater than advantages. It harms consumers through charging a higher price and producing a lower quantity than would be the case in a perfectly competitive situation.And a monopolist is inefficient because resources are under distributed to the production of its product. ( Smith, 2010 ¼Ã¢â‚¬ ° Draw demand, marginal revenue, marginal cost and average total cost curves for a typical monopolistic firm and indicate the profit-maximising level of output and total profit or loss for that firm. Is the firm in long-run equilibrium? Why or why not? How does the profit-maximising position differ from that of a perfectly competitive firm? A: This is a typical monolistic graph. It is a loss. Monopolist can make a profit in the long-run. If the position of a monopolists demand and cost curves give it a profit and nothing disturbs these curves, it can make a profit in long-run. But there is no need to distinguish between the short run and long run for a monopolist. - a monopolist can make a profit in the short run and long run. - it can make a loss in the short run and long run.  ¼Ã‹â€ Smith, 2010 ¼Ã¢â‚¬ ° From these two graphs we can see, the Demand and Marginal cost curves of the monopolist are downward sloping. In perfect competition they are horizontal. But the maximizes profits point are the same, when MC=MR.(graphs from Smiths PPT, 2010) Oligopoly The organization of the Petroleum Exporting Countries (OPEC) is an international cartel. Go to its home page at www.opec.org to answer the following questions: What are OPECs objectives of OPFC? How does it meet those objectives? What countries are members of OPEC? What percentage of world oil production comes from these nations? In what way is OPEC a cartel? What significant oil-exporting countries are not members? What has OPEC done to limit the effect of nonmember production on its own pricing decisions? A:a)1.In accordance with its Statute, the mission of the Organization of the Petroleum Exporting Countries (OPEC) is to coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry.OPECs objective is to co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers; an efficient, economic and regular supply of petroleum to consuming nations; and a fair return on capital to those investing in the industry. In a word, OPEC organization is assorting with members oil policy, and unify them. Then decide to use the most suitable way to protect their own or personally benefit. (http://www.opec.org/opec_web/en/about_us/23.htm, http://www.opec.org/opec_web/en/about_us/24.htm, http://baike.baidu.com/view/24477.htm?fr=ala0_1, 2010) (1)The member countries delegates of OPEC in the OPEC meeting seek unity of oil policy. And contribute to prosper the oil market. These countries aim at the international situation and marketing trends of oil. They have a discussion and analysis to decide the increasing rate of economics. And also control the demand and supply of oil. (http://baike.baidu.com/view/24477.htm?fr=ala0_1, 2010) b) 1. Angola, Algeria, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, Venezuela and the United Arab Emirates. OPEC nations still have 2/3 of the worlds oil reserves. In April 2009, 33.3% of the worlds oil production, affording them lots of controlling in the global market. The next largest group of producers, members of the OECD and the Post-Soviet states produced only 23.8% and 14.8%, respectively, of the worlds total oil production.Since 2009, OPEC has ordered a production ceiling of 24.84 million barrels per day. At the end of 2008, OPEC had twice reduced the output quota by a total of 4.2 million barrels to 24.8 million barrels per day. In 1996, the members countries have 76.6% of oil, 69.7% in 2007. (http://en.wikipedia.org/wiki/OPEC, http://www.hxen.com/englishnews/world/2010-03-18/103865.html, http://www.qqkqw.com/html/cyclopedia/ziyuanzhanlve/ziyuanxingshi/2010/02/23/152105199.html, 2010) Definition:1Cartel is a group of firms formally agreeing to control the price and output of a product.(Smith ,2010) In some markets, producing firms or producing countries band together, usually to restrict supply; this allows them to raise prices and increase their profits or revenues; the best known cartel is OPEC which restricts the supply of oil onto world world markets. OPEC countries, with less than half of current world output but with most of the worlds oil reserves, manipulate the price of oil by restricting supply. Overall, these evidence proves that OPEC did act as a cartel.(Marcouse, http://en.wikipedia.org/wiki/OPEC#Economics,2010) c). 1. The oil-exporting countries which are not memebers also produced great amount. For example, Russia have the second oil produced in barrels per day, just less than Saudi Arabia, 9,810,000 bbl a day in 2009. United States are the third, 8,514,00 bbl a day in 2008. China is the fourth, which is 3,795,000 per day in 2008. ( https://www.cia.gov/liabrary/publications/the-world-factbook/rankorder/2173rank.html, 2008) 2.OPEC cannot control the international oil market. Draw demand,marginal revenue, marginal cost and average total cost curves for a typical oligopolistic firm and indicate the profit-maximising level of output and total profit or loss for that firm. Explain why prices are stable or sticky in this model. What are the characteristics of oligopoly? This is a typical oligopolistic firm. The graph shows total profit. A: 1.No incentive for price increases; Total Revenue will fall No incentive for price decreases; Total Revenue will fall 2.Mutual interdependence is a main characteristic of oligopoly and it may cause prices to be sticky. The market price incline to remain stable, or rigid, at the kink in the demand curve. 3.To maximize profits, oligopolistic firms operate where MR = MC. Because of the kinked demand curve, there is a range of MC curves which equal MR at the same price: price rigidity.( Smith, 2010) 1.Industry dominated by small number of large firms, but many firms may make up the industry; mutual interdependence among the large firms High barriers to entry Products could be highly differentiated each large firm producing a branded product Non-price competition(e.g 4 Ps) Price stability within the market-kinked demand curve Knowledge of market is not perfect,but there is potential for collusion among firms ( Smith, 2010)

Source of the Legend of Dracula Essay -- Legends

Dracula Reconsidered Background: The legend of Dracula is a renowned tale told all over the world. Created by Irish writer, Bram Stoker, the story was inspired by the Romanian ruler, Vlad Dracul. The story teller was a Caucasian 49-year-old male. He was born and raised in Bucharest, Romania and was quite familiar with the past history of and current events in the country. He identified with the Romanian orthodox religion. The Story: â€Å"Everyone knows the story of Dracula. [Walks around the table, moves his hands as he speaks.] He has been depicted in novels, movies, and paintings. In Romania, this story is told from generation to generation and it had become an integral part of our culture. However, not many people know the true origins of Dracula. [Pauses, tone changes, has a displeased look on his face, moves toward a chair and sits down.] This legend angers me since it is a figment of popular culture and gives a bad name to our Romanian society. It is unfair, and its main purpose is to promote the tourism of our nation. It was created by an Irish man. [Pauses, thinks.] I think he was Irish. I can’t recall his name right now. Nevertheless, this man was quite misinformed and he just created this legend out of thin air. He was obsessed with phantoms, castles, and the supernatural. [Points up to the ceiling and gazes outside towards the sky.] He transformed the reality of Vlad Tepes into a silly legend. Let me give you a history of Vlad Tepes, in order for you to understand the background behind the story. In the 1400s, Romania was split into three provinces, Wallachia, Transylvania, and Moldova. [Puts three fingers in the air.] Vlad was born in a castle in Sighisoara in Transylvania. He be... ...The teller used his hands a lot to subtly express his inner emotions. He also tried to show the actions of a vampire attack, but it wasn’t very effective, since there were no props and I had to use my imagination to understand. The storyteller performance embodied his annoyance with the myth’s mischaracterization, in his view, of Vlad Dracul, which shows the social implication of the story. The ability to believe easily without questioning the circumstances is a negative characteristic of our culture. Works Cited Leblanc, Benjamin H. â€Å"Vlad Dracula: An Intriguing Figure in the Fifteenth Century.† Journal of the Dark. 13 Oct. 2004 http://members.aol.com/johnfranc/drac05.htm. Porter, Ray. â€Å"The Historical Dracula.† 13 Oct. 2004. http://www.eskimo.com/~mwirkk/castle/vlad/vladhist.html. Vamp Club. 13 Oct. 2004. http://www.vampclub.com/index.htm.

Comparison of Odysseus and Helen as Liars

Comparison of Odysseus and Athena as liars Deception, or the act of deceiving or defrauding, is a prominent theme in the Odyssey. Though inherently dishonest, deception can be used to gain information and knowledge. Different characters (and people) use it different ways. This essay will establish that, whereas Odysseus uses deception to help him progress from Nobody back to Odysseus, king of Ithaca, Athena does so to keep her identity secret when she disguises herself. Odysseus ensures his security and protects his identity while deceiving Polyphemus, thus displaying his true cleverness.Odysseus tells Polyphemus that â€Å"Nobody is his name,† (9,365) he uses this clever deception so the other Cyclopes do not go after him after he escapes. Also, if Polyphemos knew who Odysseus really was then Polyphemos would've treated him differently. Odysseus wouldn't had received the hospitality that he did. By being his witty self, Polyphemos stated â€Å"I will eat you last† beca use he liked his cleverness which was actually his decievence. Odysseus is in sense a nobody, no one cared if he was king of Ithaca. This was his lowest point as he started to lie more in order to reconstruct his identity.In order to restore his identity, he had to continue with his lies, with that he began his Cretan lies. These Cretan lies deceived Athena, Eumaois, and Penelope. Odysseus used his first Cretan lie to Athena, who was disguised as a Shepard boy, †¦Ã¢â‚¬ ¦.. He takes pains to establish a sound character: â€Å"I have come here/with these gods that you see but leaving as much again to my children. † (13,258) †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Later on he used his second Cretan lie to Eumaios, the swine herd, to gain information of what is happening at his home.He established a sympathetic character: son of a rich man and his concubine, the legitimate heirs gave him only a small portion of estate. He then condemned liars†¦.. The immediate reason is that Odysseus i s cold, and he's hinting for Eumaios to give him some more cover–which Eumaios does. It's also believe to be a test, although Eumaios has already demonstrated the kind of person he is by sharing his meager necessities with this ragged stranger and by the concern he has shown for his master's family in his determination not to let anyone arouse false hopes that will just be dashed.In particular, remember that just a page or so earlier, he has firmly forbidden the stranger to tell Penelope that he knows Odysseus is on his way home, because he has seen many other wayfarers tell her the same thing and be rewarded with a new tunic and cloak, and then leave her to be disappointed all over again. But when the stranger tells the story of how Odysseus conned another soldier out of his cloak so that the stranger could use it, Eumaios tells him that he will receive a new tunic and cloak soon, and then piles other covers over him in the meantime.Perhaps that anecdote rings so true as som ething Odysseus would have done that Eumaios is now convinced that the stranger does at least KNOW Odysseus. His third Cretan lie was to Penelope to see if she was still true to him. He pretended to be the brother of idomeneus, grandson of late king Minos. He gave a first name Aethon, and told Penelope about Odysseus, everything she wanted to hear. He told her a lengthy description of his â€Å"homeland† Crete†¦Ã¢â‚¬ ¦.. Similarly to Odysseus, Athena disguises herself as a mentes†¦.And disguises herself as a mentor†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ This essay established that both Odysseus and Athena decieved in similar ways, to gain information. A†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ The many acts of deception found in The Odyssey often are used to show a character's cleverness or to show the importance placed on cleverness. Cleverness is one of the qualities that make Athena want to aid Odysseus throughout his trials. Cleverness is one of the qualities that is to inspire Odysseus to wa nt Penlope.Cleverness is what makes Penlope of value and is what makes Odysseus a hero. Deception in the Odyssey is always about appearances: Circe appears beautiful and benevolent, but is actually malicious. The men are made to appear as animals, but are actually still men in spirit and mind. Odysseus’s disguise as a beggar is much like Athene’s former disguise as a mortal; by dressing below their stations, these two are able to test the integrity of those they deceive.

Hitlers Failed Coup - The Beer Hall Putsch

Hitlers Failed Coup - The Beer Hall Putsch Ten years before Adolf Hitler came to power in Germany, he tried to take power by force during the Beer Hall Putsch. On the night of November 8, 1923, Hitler and some of his Nazi confederates stormed into a Munich beer hall and attempted to force the triumvirate, the three men that governed Bavaria, to join him in a national revolution. The men of the triumvirate initially agreed since they were being held at gunpoint, but then denounced the coup as soon as they were allowed to leave. Hitler was arrested three days later and, after a short trial, was sentenced to five years in prison, where he wrote his infamous book, Mein Kampf. A Little Background In the fall of 1922, the Germans asked the Allies for a moratorium on the reparations payments that they were required to pay according to the Versailles Treaty (from World War I). The French government refused the request and then occupied the Ruhr, the integral industrial area of Germany when the Germans defaulted on their payments. The French occupation of German land united the German people to act. So the French would not benefit from the land they occupied, German workers in the area staged a general strike. The German government supported the strike by giving workers financial support. During this time, inflation had increased exponentially within Germany and created a growing concern over the Weimar Republics capability to govern Germany. In August 1923, Gustav Stresemann became Chancellor of Germany. Only a month after taking office, he ordered the end of the general strike in the Ruhr and decided to pay reparations to France. Rightfully believing that there would be anger and revolts within Germany to his announcement, Stresemann had President Ebert declare a state of emergency. The Bavarian government was unhappy with Stresemanns capitulation and declared its own state of emergency on the same day as Stresemanns announcement, September 26. Bavaria was then ruled by a triumvirate which consisted of Generalkommissar Gustav von Kahr, General Otto von Lossow (commander of the army in Bavaria), and Colonel Hans Ritter von Seisser (commander of the state police). Though the triumvirate had ignored and even defied several orders that were directly from Berlin, by the end of October 1923 it seemed that the triumvirate was losing heart. They had wanted to protest, but not if it were to destroy them. Adolf Hitler believed it was time to take action. The Plan It is still debated who actually came up with the plan to kidnap the triumvirate some say Alfred Rosenberg, some say Max Erwin von Scheubner-Richter, while still others say Hitler himself. The original plan was to capture the triumvirate on the German Memorial Day (Totengedenktag) on November 4, 1923. Kahr, Lossow, and Seisser would be on a stand, taking the salute from the troops during a parade. The plan was to arrive on the street before the troops arrived, shut off the street by setting up machine guns, and then get the triumvirate to join Hitler in the revolution. The plan was foiled when it was discovered (the day of the parade) that the parade street was well protected by police. They needed another plan. This time, they were going to march into Munich and seize its strategic points on November 11, 1923 (the anniversary of the armistice). However, this plan was scrapped when Hitler heard about Kahrs meeting. Kahr called a meeting of approximately three thousand government officials on November 8 at the Buergerbrukeller (a beer hall) in Munich. Since the entire triumvirate would be there, Hitler could force them at gunpoint to join him. The Putsch Around eight oclock in the evening, Hitler arrived at the Buergerbrukeller in a red Mercedes-Benz accompanied by Rosenberg, Ulrich Graf (Hitlers bodyguard), and  Anton Drexler. The meeting had already started and Kahr was speaking. Sometime between 8:30 and 8:45 p.m., Hitler heard the sound of trucks. As Hitler burst into the crowded beer hall, his armed storm troopers surrounded the hall and set up a machine gun in the entrance. To grab everyones attention, Hitler jumped onto a table and fired one or two shots into the ceiling. With some help, Hitler then forced his way to the platform. The National Revolution has begun! Hitler shouted. Hitler continued with a few exaggerations and lies stating that there were six hundred armed men surrounding the beer hall, the Bavarian and the national governments had been taken over, the barracks of the army and police were occupied, and that they were already marching under the swastika flag. Hitler then ordered Kahr, Lossow, and Seisser to accompany him into a side private room.  What exactly went on in that room is sketchy. It is believed that Hitler waved his revolver at the triumvirate and then told each of them what their positions would be within his new government. They didnt answer him. Hitler even threatened to shoot them and then himself. To prove his point, Hitler held the revolver to his own head. During this time, Scheubner-Richter had taken the Mercedes to fetch  General Erich Ludendorff,  who had not been privy to the plan. Hitler left the private room and again took the podium. In his speech, he insinuated that Kahr, Lossow, and Seisser had already agreed to join. The crowd cheered. By this time, Ludendorff had arrived. Though he was upset that he had not been informed and that he was not to be the leader of the new government, he went to talk to the triumvirate anyway. The triumvirate then hesitantly agreed to join because of the great esteem they held for Ludendorff. Each one then went onto the platform and made a short speech. Everything seemed to be going smoothly, so Hitler left the beer hall for a short time to personally deal with a clash between his armed men, leaving Ludendorff in charge. The Downfall When Hitler came back to the beer hall, he found that all three of the triumvirate had left. Each one was quickly denouncing the affiliation that they made at gunpoint and was working to put down the putsch. Without the support of the triumvirate, Hitlers plan had failed. He knew he did not have enough armed men to compete against an entire army. Ludendorff came up with a plan. He and Hitler would lead a column of storm troopers into the center of Munich and thus would take control of the city. Ludendorff was confident that no one in the army would fire upon the legendary general (himself). Desperate for a solution, Hitler agreed to the plan. Around eleven oclock in the morning on November 9, approximately 3,000 stormtroopers followed Hitler and Ludendorff on their way to the center of Munich. They met up with a group of police who let them pass after having been given an ultimatum by Hermann Goering that if they were not allowed to pass, hostages would be shot. Then the column arrived at the narrow Residenzstrasse. At the other end of the street, a large group of police waited. Hitler was in the front with his left arm linked with the right arm of Scheubner-Richter. Graf shouted to the police to inform them that Ludendorff was present. Then a shot rang out. No one is sure which side fired the first shot. Scheubner-Richter was one of the first to be hit. Mortally wounded and with his arm linked with Hitler, Hitler went down too. The fall dislocated Hitlers shoulder. Some say that Hitler thought he had been hit. The shooting lasted approximately 60 seconds. Ludendorff kept walking. As everyone else fell to the ground or sought cover, Ludendorff defiantly marched straight ahead. He and his adjutant, Major Streck, marched right through the line of police. He was very angry that no one had followed him. He was later arrested by the police. Goering had been wounded in the groin. After some initial first aid, he was spirited off and smuggled into Austria. Rudolf Hess also  fled to Austria. Roehm surrendered. Hitler, though not really wounded, was one of the first to leave. He crawled and then ran to an awaiting car. He was taken to the home of the Hanfstaengls where he was hysterical and depressed. He had fled while his comrades lay wounded and dying in the street. Two days later, Hitler was arrested. According to different reports, between 14 and 16 Nazis and three policemen died during the Putsch. Sources Fest, Joachim.  Hitler. New York: Vintage Books, 1974.Payne, Robert.  The Life and Death of Adolf Hitler. New York: Praeger Publishers, 1973.Shirer, William L.  The Rise and Fall of the Third Reich: A History of Nazi Germany. New York: Simon Schuster Inc., 1990.

How Did America Win the Revolutionary War Essay Example

How Did America Win the Revolutionary War Essay Example How Did America Win the Revolutionary War Essay How Did America Win the Revolutionary War Essay The American Revolution: The Upset of the Eighteenth Century Part A How did it go on that 13 settlements on the periphery of civilisation. as it were with possibly half a million males of contending age. without military resources without leaders. without even a national authorities. a national ground forces. a national hoarded wealth. brought the mightiest of European powers to its articulatio genuss. and wrung from it concessions beyond the greed of vanquishers? This drumhead explains the attitude of most English and. so. many settlers of the 1770s. Still. The American Rebels won the war. Listed below are six factors frequently cited to explicate the American triumph. Use your text edition ( pgs. 66-70 ) and notes to mention at least one spot of grounds to back up each of these indicants of hope for the settlers. Be certain to EXPLAIN each reply! ! ! ( 12 points ) 1. British governmental and personal concerns with things other than the war attempt 2. A belief that the colonial cause of freedom and independency could transport them to victory 3. British errors in the war 4. Effective American leading 5. Natural and geographic advantages of the Americans 6. The Gallic end of retaliation against Britain Part B Think about the factors that explain the American triumph in the American Revolution. Put the six possible grounds for the colonial triumph in order of importance. ( 1 being the most of import and 6 being the least of import ) . For each one. you must explicate WHY you think that factor is of import. ( 6 points )

Experimental economics summary paper Essay Example | Topics and Well Written Essays - 500 words - 1

Experimental economics summary paper - Essay Example Main Findings The article specifically showed that reciprocity is achieved when trust has been developed through personal and social interaction. This was identified in the experiment using the concept of investment game. The belief that self-interest can substantially explain how an individual may behave from an economic standpoint was challenged and proved to be insufficient to give explanation in understanding human behavior in the economic context (Berg, Dickhaut, & McCabe 137). The concept of trust and reciprocity was found to be dominating in the investment game which implies that individuals try to develop relationship and are willing to give up self-interested motives. The whole point of this is that an individual wants to continue harmonious relationship and aim for stability in order to be treated with fairness and equality in the long run. Another important justification and which could also stand as another important result is the inclusion of social norm as the basis of decision of an individual to go for trust and reciprocity (Berg, Dickhaut, & McCabe 132).

FaceBook And Romantic Relationships Essay Example | Topics and Well Written Essays - 1000 words

FaceBook And Romantic Relationships - Essay Example A recent debate over a local radio station caught my attention when the discussion revolved around a woman who felt cheated and silly over a love affair that started over the face book and hardly lasted two months before she invited the lover (man) into her place of residence. She only learnt that after engaging in romance that the man left her, no more communication while she could easily identify that the man was now hooked up in another romantic relationship over the social media. The phone calls that were made into the studio in contribution to the motion surprised me the more on how many people fall into the trap of exposing their romantic lives over the social media and only to fall prey to such ‘romantic stalking’ persons whose intention is only to have personal gratification and nothing of a long lasting relationship. This therefore gave me the challenge to research deeper into the long lasting effects that Face book, among many other social media has to persons especially concerning romantic relationships. This paper hence intends to evaluate the impacts of face book to personal lives and how such negative effects can be dealt with the ever-increasing need to have face book for ease of communication and keeping circles of friends. Justification Social media has been acknowledged in the past for the positives it brought about in people’s lives especially in matters of communication and sharing of information. It was highly accepted that face book in particular has attracted very many people who find it cheap and convenient manner to keep circles of friends when compared to the means that were in use previously such as through mails, print and digital media as well as through telephone services. Face book was credited of communicating with millions of friends worldwide through just the click of the mouse at once convenience. Equally, receiving feedback from face book is such an easy task as compared to the other communication ways hen ce the ease of adoption (Vitak, Ellison and Steinfield, 2011). Nevertheless, despite such numerous advantages in use of face book, the social plat form has continuously faced critiques because of the increasing negatives that are stemming from the same. For instance, the increasing exposure of personal information through posting personal profiles online increasingly put people into threats such as security and such. People are increasing becoming targets of cyber crime due to the personal information that one shares on the platform. One emerging trend is the use of face book to establish and maintain romantic relationships. Technology has been blamed on failing to conceal personal sensitive information and as such exposing such an individual to high risks. Therefore, this study would be timely in that it would look into detail the impact of face book on personal lives with special attention to romantic relationships and evaluate probable solutions to such shortcomings (Flynn, nd; R aalte et al, nd). Literature review There are various studies that have been done in regard to the revolution that face book and such social platforms have brought in people’s lives. This section therefore looks into some different studies that have been done in the past and establish their contributions to the study topic under analysis. Utz and Beukeboom sought to understand the effect of social media into romantic relationships concerning happiness and jealousy. They pointed out that social network sites expose too much of individual romantic relationship information which has both positive attributes (happiness) as well as negative attributes (jealousy) associated with it. The emotional traits associated