Report on Corporate Frauds in Bangladesh - 5564 Words

Report on Corporate Frauds amp; the Role of the auditors: Bangladesh Perspective Faculty of Business Studies University of Dhaka SUBMITTED TO Tahmina Ahmed Lecturer Accounting amp; Information Systems University of Dhaka SUBMITTED BY Group 18 Date of submission:10.11.14 Group members Name | ID | 1.Sajjad Hossain Sohan | 18022 | 2.Rubina Akther | 18048 | 3.Mohammad Saadman | 18052 | 4.Rumi Akther | 18066 | 5.Hilary Talukder | 18099 | November 5, 2014 Tahmina Ahmed Lecturer Dept. of Accounting amp; Information Systems University of Dhaka Subject: Submission of report on â€Å"Corporate fraud amp; the role of the auditor: Bangladesh Perspective† Dear Sir, We are honored†¦show more content†¦Generally, frauds relating to financial reporting involve deliberate distortion of accounting records, falsification of transactions, or misapplication of accounting principles. Regardless of how the fraud is manifested, it is typically difficult for auditors to discover since the perpetrators take steps to deliberately conceal the resulting irregularities. Given the difficulty that auditors face in detecting financial statement fraud, coupled with their increasing responsibility to detect it, there is a definite need to develop audit procedures or strategies more specifically focused on fraud detection (Knapp and Knapp, 2001; Guan, et al., 2008). Over the last two decades, there have been developments concerning fraud which some have seen as marking significant extension to audit responsibilities. The accounting profession has been jeopardized by some unprecedented crises caused by high-profile business and audit failures like WorldCom, E nron, Cendant, Sunbeam and Waste Management. In Enron debacle the criticism of Arther Anderson unearthed the fact that Auditor (Anderson) was a dominant clientin the Auditee’s (Enron) Houston office (Taylor and Todd et al. 2003). The above mentioned issues and concerns squarely lead to the question of upholding auditors’ independence and reliability to serve public interest best. In this commentary we would like to unearth the mechanism so as to formulate a roadmap to repositioning the role of auditors and accountants in an everShow MoreRelatedFinancial Crime1434 Words   |  6 Pagesas: †¢ corruption (bribery, speed money, kickbacks etc.) †¢ financial fraud (accounting, check, credit card, mortgage, insurance fraud, counterfeit notes, securities or investment fraud, computer fraud etc.) †¢ money laundering †¢ tax evasion †¢ circumvention of exchange restriction †¢ illegal cross border fund transfer or capital flight †¢ abuse of the financial system/institution etc. Financial Crime in Bangladesh Bangladesh is considered to be a safe heaven for financial crime. The relativelyRead MoreCustomer Relationship Management ( Crm ) Practices805 Words   |  4 Pages(JBL).Information added to this research paper largely based on selected Questionnaire and annual report of Janata Bank 2014. Every branch of Janata Bank boldly stands by the objective of Janata Bank to accomplish it. The objective of JBL is to become the largest commercial bank in Bangladesh by playing significant roles in the banking sector as well as, in the National economy. According to annual report of Janata Bank 2014, 7.60 percent of total deposit and 6.05 percent of total loans and advancesRead MoreHsbc Bank Report1684 Words   |  7 PagesAMERICAN INTERNATIONAL UNIVERSITY-BANGLADESH Presentation Report Group Name: Prepared For ERFAN HAQUE Faculty of Business school AMERICAN INTENATIONAL UNIVERSITY-BANGLADESH Prepared By * RABBI, MD. FAZLAY 12-20952-1 * RABI, OBAIDUL ISLAM 12-20984-1 * RINKY, ROZINA AKTER 12-20929-1 * HABIBA UMMA 12-20930-1 * CHOWDHURY, MD. RIASAT IMTIAZ 12-20934-1 * SHAWON, SHAHRAJ HOSSAIN 12-20950-1 Read MoreProtecting interest of the minority Shareholders1625 Words   |  7 Pagescom/2013/11/25/5614 In Asian countries including Bangladesh, the controlling ownership of public listed companies are dominated by some families. The problem of minority exploitation may arise when the ownership is highly concentrated in any specific group, especially family ownership. One of the consequences of this is the expropriation of minority shareholder rights. Apart from family control another limitation of principles of corporate law is the principle of majority rule, sometimes calledRead MoreBanking Sector Discipline Deficit In Bangladesh3190 Words   |  13 Pagessystem environment that can provide a high level of banking services all throughout the economy. In addition, to achieve total efficiency and competitiveness that can project a positive impact on the entire banking sector in the Bangladesh. HISTORIC VIEW OF BANKS IN BANGLADESH The country moved away from state control to a relatively market-based open economy by adopting a major stabilization, liberalization and deregulation program under the influence of the World Bank and the IMF against the backdropRead MoreThe Ethical And Management Issues1593 Words   |  7 Pageshealthier, safer work environments. The purpose of this report is to Comment on the ethical and management issues raised by all three case studies (7-Eleven, ‘Are organisation’s exploiting ‘non-employees’’ and ‘New and challenging HRM issues in China and India’) and make recommendations for the future around business practices of employing and managing culture and diversity. This report was conducted through research analysis of textbooks, reports and articles found online, as well as the ‘painstakingRead MoreCorporate Governance in Banking Sector of Bangladesh16146 Words   |  65 Pagesissue of the corporate governance into forefront of the policy discussions. In an increasingly deregulated policy environment, the big corporate failures have raised the need for implementing competent corporate governance practices. The recent financial crises in different countries have verified how the lack of good governance practices in the financial institutions can lead to a crisis in the system leaving long-term consequences to the. Among the financial institutions, the corporate governanceRead MoreCybercrime and Its Impact in Bangladesh7186 Words   |  29 Pages   Cybercrime and Its Impact in Bangladesh Cybercrime and Its Impact in Bangladesh Prepared for: Farah, Farhat Tasannum Course Instructor: Business Communication Prepared by: Imon, Faisal Ahmed ID. 11-19592-3 Mosharrof, Mahedi ID. 11-19794-3 ii Preface Cyber and technology related crime is onRead MoreEarnings Management and Corporate Governance in Bangladesh (the Role of the Board and the Audit Committee)9321 Words   |  38 PagesInternship Report On Earnings Management and Corporate Governance in Bangladesh (The Role of the Board and the Audit Committee) Prepared for: Mr. Shubhankar Shil. Assistant Professor, School of Business University of Liberal Arts Bangladesh (ULAB) Prepared by: Rashed Hossain ID: 092011001 Concentration: Finance School of Business University of Liberal Arts Bangladesh (ULAB) April 27, 2013 Mr. Shubhankar Shil. Assistant Professor, School of Business University of Liberal Arts BangladeshRead MoreManagement Practices of Banglalink6560 Words   |  27 PagesREPORT ON MANAGEMENT PRACTICES OF ‘BANGLALINK’ Course Title: Course Code: Submitted to: Principles of Management MGT-101 Dr. Motaher Hossain Course Instructor(MGT-101) Institute of Business Administration Jahangirnagar University Submitted by: Aniqa Tahsin Anchal(787), Md. Shafaeth Zaman(802), Nafiz Imtiaz Noor(816), Sabiha Sultana(1257), Md. Aftarul Islam(1981) Submission Date: 21st November 2011 INSTITUTE OF BUSINESS ADMINISTRATION JAHANGIRNAGAR UNIVERSITY SAVAR, DHAKA

History of the Supreme Court Exclusionary Rule

Essay on Nike Financial Analysis - 1556 Words

Nike Financial Analysis Investing in a company has certainly changed over the years. Financial information is literally at ones fingertips via the internet. In todays fast paced corporate environment companies are under tremendous scrutiny to maintain their edge. The company I am evaluating is NIKE. This Financial analysis will consist of the following: Ratios from the Income Statement, Statement of Owners Equity, and Balance Sheet. This information is designed to assist a potential investor. Nikes mission is complex. Listed below is a copy of Nikes company philosophy. Company Philosophy: WE ARE ABOUT DREAMS. Nike was, is, and will always be a company driven by certain key philosophies. What are they? First and foremost,†¦show more content†¦It shows in our best advertising, from Mars Blackmon to Andre Agassi. Irreverence has always been a core part of our culture. It is, for us, the balance between our attempt at greatness and the risk of arrogance. We mix confidence and strength with the humility to look at ourselves in the mirror and say, we can do better. WE ARE ABOUT WINNING AND COMPETING HARD. We invent markets and new ways to compete. We have withstood every challenge that has come our way. Winning starts with taking care of business at home and then looking for new challenges. We are doing both. WE ARE ABOUT CHANGE. Over the past twenty-five years we have had to reinvent ourselves many times. The first surge was with the Waffle Trainer and the running craze. When that slowed, we thought we ran out of market. We had another surge with basketball behind Michael Jordan, and cross-training with Bo Jackson. Then again, we Thought our growth was dead. Another surge came in 1995, when Nike became fashionable and athletic urban wear became king. But,that too ended in early 2008, as did the health of the Asian economy. There we were, with an over-extended brand. Each time we reinvented our company. In 1995, when we reached $3 billion in sales, we said $5 billion was the absolute limit. Three years later we were closing in on $10 billion. Each time we did succeed it was due, in part, toShow MoreRelatedNike Financial Analysis2495 Words   |  10 PagesNike Financial Analysis Nike  is a company that has thoroughly embedded itself into the psyche of people around the world. Its a company that started with humble origins from selling footwear in the basement to becoming the behemoth in the athletic industry. Bill Bowerman, University of Oregon track field coach, and Phil Knight, middle-distance runner under Bowerman co-founded Nike. Nike was first established as Blue Ribbon Sports in 1964 as a partnership and the name Nike was officially adoptedRead MoreFinancial Analysis: Nike3969 Words   |  16 Pages| Term Project 1 | Nike Inc. | | Author | | | Table of Contents NIKE Inc. 3 Analyzing Nike’s 10-K 4 Outside information about company and the industry: 8 Analyzing Financial Strength of Nike 12 Broad Audit Plan: 14 Appendix 18 Reference: 18 NIKE Inc. Nike is an American multinational organization which has worldwide presence and their principal business is design, development and worldwide marketing and selling of high quality of footwear, apparel, equipmentRead MoreNike s Financial Analysis : Nike2236 Words   |  9 Pages Nike’s Financial Analysis Katelynn Hill Cornerstone University â€Æ' Nike Financial Analysis On January 25th, 1964 a hand shake changed the world. It was on this day that a track athlete, Phil Knight, and his previous coach, Bill Bowerman, from the University of Oregon founded Blue Ribbon Sports. Blue Ribbon Sports operated under this name for roughly eight years, and then became known as the globally infamous, Nike. In 1972 the first line of Nike footwear debuted. The company was so successfulRead MoreFinancial Analysis Of Nike Inc.1803 Words   |  8 PagesFinancial Analysis of Nike, Inc. Statement of purpose In this paper, I am going to present some of the key financial components of Nike and the growth that made it the extraordinary, multinational corporation that it is today. Company description Nike Inc. is one of the largest companies in the world that specialize in the design, development, and worldwide marketing and selling of athletic footwear, apparel, equipment, and accessories. It currently has about 26,000 employees, 20,000 retailers inRead MoreFinancial Analysis: Nike Vs. Adidas4709 Words   |  19 PagesAlex. U/GSU EMBA Financial Reporting Comparative Financial Analysis Nike Inc. vs. Adidas AG Submitted to: Dr. Ismail Gomaa By: Ghada Mahmoud Saafan 1/1/2010 CONTENTS Contents ........................................................................................................................................................................2 Methodology: ...........................................................................................................................................Read MoreFinancial Analysis: Nike Vs. Adidas4725 Words   |  19 PagesAlex. U/GSU EMBA Financial Reporting Comparative Financial Analysis Nike Inc. vs. Adidas AG Submitted to: Dr. Ismail Gomaa By: Ghada Mahmoud Saafan 1/1/2010 CONTENTS Contents ........................................................................................................................................................................2 Methodology: ....................................................................................................................................Read MoreEssay on Ratio and Financial Statement Analysis of Nike3025 Words   |  13 PagesRatio and Financial Statement Analysis Table of Contents Executive Summary.................................................................................................3 1. Nike History.............................................................................................................4 2. Nike Market Share: SWOT Analysis.......................................................................5 3. Nike Financial Report................................Read MoreFinancial Analysis of Adidas, Puma and Nike1183 Words   |  5 PagesfinancialAnnual Financials for Nike Inc. Cl B View Ratios Fiscal year is June-May. All values USD millions. | 2009 | 2010 | 2011 | 2012 | 2013 | 5-year trend |   Sales/Revenue | 19.08B | 18.96B | 20.89B | 24.12B | 25.31B | |   Cost of Goods Sold (COGS) incl. Damp;A | 10.91B | 10.61B | 11.47B | 13.62B | 14.28B | | COGS excluding Damp;A | 10.56B | 10.27B | 11.12B | 13.23B | 14.28B | | Depreciation amp; Amortization Expense | 346.9M | 337.2M | 351M | 395M | - | | Depreciation | 335MRead MoreA Financial Ratio Quarterly Trend Analysis of Nike, Inc.4463 Words   |  18 PagesA Financial Ratio Quarterly Trend Analysis of Nike, Inc. Stock Symbol: NKE Listed on the New York Stock Exchange In Partial Fulfillment of the Requirements of the Course: FIN 6406 Report Completed By: 1. Introduction A financial ratio quarterly trend analysis was completed to provide the reader with a clear assessment of the financial health of the company: NIKE International. Just knowing that this company chose a symbol that references the winged goddess of victory seems to have been aRead MoreFinancial Statements and Corporate Managers33896 Words   |  136 PagesBusiness Analysis and Valuation: IFRS Edition Instructor’s Manual – Discussion Questions Palepu – Healy – Bernard – Peek 2 Instructor s Manual Dot-Com Crash-3 Instructor’s Manual – Discussion Questions Table of Contents Table of Contents...........................................................................................................3 Chapter 1 A Framework for Business Analysis Using Financial Statements................4 Chapter 2 Strategy Analysis.................

Diversity Essay - 901 Words

Encounters between people of different cultural backgrounds have existed forever.People have always thought bout things that were unusual in other cultures. But, those encounters were relatively slim in early days today, they are almost part of everyday life, At the same time, the interchange between cultures has jeopardized their very existence, and the emergence of a diverse culture, a fixation often referred to as globalization.. Primarily, what makes cultures different from each other is it looks at the process of what an individual goes through in an intercultural races, and how it adapts to culture changes in its environment.The individual learns its culture from its environment more then from its family, or from its social†¦show more content†¦At the end of the twentieth century the post-modern culture order, and the economic order have given lift , in the united states in particular, to a new form of identity. A global identity. Particularly the Northern states celebrate the transnational feeling, and the globalization of their citizens. Hispanic students speak English well enough to have a conversation,they can also do that with Spanish. Alot of cultures do well in exchange programs. Ariel washing powder, Gillette razors and Mars candy bars have entered supermarkets, giving the world the best a man can get. The globalaztion has not stoppedwith the Big Mac, the globalization is in all our fridges and stores. We are connected and, most importantly, reconize we are growing together..But even with all of this, we are not the same. Somehow some people still refuse to become the world citizen that is so often proclaimed. Somehow the blacks are still Blacks, and the hispanics still hispanic. even though the globlization is taking place. That can not be denied. And with the globalization comes an influence on the national cultures. The world is connected, the flow of information has very limited borders, so has the flow of people and influences. What was before the colonization, and the influence on the local culture, that is taking place now on a larger, faster and more bigger scale. It reaches not only a certain class, it reaches far into the society, every society. This report aims to help theShow MoreRelatedDiversity And Diversity For A Company873 Words   |  4 PagesDiversity is a key contributor in today’s workforce. Many factors effect diversity and there are guidelines a company can follow to ensure it is diverse. Diversity and inclusion can be tools to create a competitive advantage for a company and can help solve issues by looking at problems from different perspectives. It also contributes to the employees by allowing for work with many types of people. According to Phillips and Gully (2014) â€Å"Diversity awareness enables you to hire, retain and motivateRead MoreDemographic Diversity And Cultural Diversity1700 Words   |  7 PagesDEMOGRAPHIC AND CULTURAL DIVERSITY GOPI KRISHNA CHALLA RIVIER UNIVERSITY Demographic and Cultural Diversity ABSTRACT The research is concerning Organizational Behavior which includes unusual types of Organizations with dissimilar types of public behaviors. Among that Demographic Diversity and Cultural Diversity of an Organization is extremely significant to turn into a triumphant organization or company in the marketplace Especially the Demographic and Cultural Diversity show the in good physicalRead MoreEssay on Diversity in the Workplace1258 Words   |  6 Pages Diversity in the workplace is a subject that has gained increased attention in the workplace over the past few years. After all, the impact of affirmative action and equal employment opportunity programs on the nations work force is undeniable. Women and minorities were the first to dramatically alter the face of the economic mainstream, while gays, persons with disabilities and senior citizens followed not far behind. The result is a diverse American labor force representing a microcosm of ourRead MoreDiversity And Cultural Diversity1 288 Words   |  6 PagesCultural diversity is defined as â€Å"the existence of a variety of cultural or ethnic groups within a society† (Google diversity). As we continue down the path of globalization it becomes important to reflect on the ever-changing landscape of society and the values people may have in them. This applies both towards society and the work place in which society must operate. Companies like Ernst Young, ATT, and Comcast acknowledge the changing landscape and are leading the charge towards becoming aRead MoreDiversity and Inclusion Paper1085 Words   |  5 PagesThinking About Diversity and Inclusion Paper SOC/315 December 15, 2010 Professor Dr. Lorthridge Introduction This paper will discuss and focus on the four dimensions of diversity: ethnicity, gender, differences in skills, abilities and personality traits and how they have an impact in my workplace. To be able to go further in this paper one should understand the definition of diversity. Diversity is a variety between people associated to factors such as culture, employment status, educationRead MoreThe Diversity Audit Project : Starbucks1406 Words   |  6 Pagesof the diversity audit project is to teach students how to analyze and measure diversity efforts of potential employers and as potential customers. In this globalizing world these skills are more important than ever. Many companies are making changes to diversify their employees and their customer base; this project is focused on investigating one company’s efforts. After this project students can expect to have gained a deeper knowledge of how to measure a company’s level of diversity and analyzeRead MoreThe Impac t Of Workplace Diversity On The Workplace997 Words   |  4 Pages Workplace diversity is a term which describes the inclusion of people in the workplace regardless of their cultural differences such as gender, race and sexuality. Rather than disregarding them, diverse workplaces utilise these differences to widen the range of experiences and skills among their employees as stated by the Australian Breastfeeding Association (2012). Some professions, however, are more diverse than others. According to the Diversity Inclusion: Unlocking Global Potential - GlobalRead MoreDiversity and Inclusion1102 Words   |  5 PagesDiversity is a notion, when applied to the majority of circumstances, can create a positive conclusion. The trick to producing a positive outcome is often how the different aspects are brought together. Consider a classic dinner combination peas and carrots, the two colors look appealing and the two flavors comes together as one making a superb side dish. Now consider oil and water, these two substance are not often considered a good c ombination. Although, this is not always the case; olive oil andRead MoreDiversity And Inclusion For Diversity1920 Words   |  8 PagesIn the most simplest terms diversity and inclusion can be explained by diversity being the mix and inclusion is getting the mix to work well together. In broader terms, diversity is anything that can be used to differentiate groups and people from one another. This can be anything from life experiences, learning styles, personality types to race, gender, sexual orientation or even county of origin. These differences can be used to achieve quality teaching, learning and support services. InclusionRead MoreDiversity And Equality And Diversity1852 Words   |  8 PagesDiversity tends to be established by people from different spheres of life including different ethnicities, cultures, and social settings. It allows individuals to appreciate and understand the interdependence of culture, the environment in which people are living, and humanity. Diver sity also helps individuals to build alliances and unity despite having a difference regarding their beliefs, religion, and culture. It helps one to recognize and appreciate that people are born different regarding

Beneficiation of Iron Ores Free Essays

These ores ca n be directly used in the production of iron and steel. All other ores need benefaction and certain processing before they are used in t he production of iron and steel. Low grade iron ores cannot be used as such for the production of iron and SST eel and need to be upgraded to reduce its gangue content and increase its Fee content. We will write a custom essay sample on Beneficiation of Iron Ores or any similar topic only for you Order Now The process adopted to upgrade the Fee content of air n ore is known as iron ore benefaction (108). However, Iron ores from different sources have their own peculiar mineralogy cal characteristics and require the specific benefaction and teleological treatment to get the best product out of it. Also for effective Ben affectation treatment, effective crushing, grinding, and screening of the ore is necessary for which suitable crushing, grinding, and SC reining technologies are to be employed. The choice of the benefaction treatment depends on the nature of the gangue present and its association with the ore structure. Several methods/techniques such as washing, jigging, magnetic separation, gravity separation, and flotation n etc. Are used to enhance the Fee content of the Iron ore and to reduce its gangue content. These techniques are used in various combination s for the benefaction of iron ores. For benefaction of a particular iron ore the emphasis is usually to develop a cost effective flow she et incorporating necessary crushing, grinding, screening and benefiting techniques which are necessary for the upgrading of the iron or e. A typical flow sheet for iron ore benefaction plant is shown in Fig 1. 3/13 Fig 1 A typical flow sheet of iron ore benefaction plant Some of the common methods/ techniques applicable for iron ore processing are described below. Crushing, grinding and screening technique The purpose of grinding and regrinding is to reduce the ore to a size small en ugh to liberate and recover the valuable minerals. The crushing, grinding and screening systems of an BIB plant are to be designed t aging into account the requirements of the downstream benefaction processes. The crushing units may include primary, secondary, t artery and quaternary crushing systems. Jaw, gyrator, cone, and roll crushers are used for ore crushing. Semi toughens grinding and AU toughens grinding circuits are used for grinding the ore. Both rod mills and ball mills are used for this purpose. Capital investment and proper action costs of grinding equipment are high. Hence economics play a large part in planning for the degree of crushing and grinding perform d to prepare ore for benefaction. Other factors considered in determining the degree of crushing and grinding includes the value concentrate Zion of the ore, its mineralogy, hardness and moisture content. Closed circuit grinding minimizes over grinding of very friable ore normally of undo in the ore bodies of our region. The more the recirculation load the less is the over grinding of particles. Washing and wet scrubbing This process is primitive and widely used in lumpy iron ore processing to disco edge and remove friable and soft laterality materials, fine materials and limitation clay particles adhering to the ore. Wet scrubbing is alls o useful in hard and porous ores, which invariably have cavity/ pores filled with clayey material that need substantial removal. Gravity separation This technique is used where iron bearing minerals are free from associated g angle materials. The specific gravity of iron bearing minerals is usually higher than the specific gravity of gangue materials. Effectiveness e efficiency of the gravity separation depends largely on to proper crushing and sizing of the ore so as to ensure a proper size feed to the gravity separation equipment and also removal of slime from the equipment. A large numbers of equipment/ processes functioning on gravity separation principle are available. Some of t hem are described below. Dense media separation -? The process is also known as heavy media separate on. The process is used for coarse ores (size range mm to 50 mm. Ground ferry silicon of 300 mesh size is used as suspension to cream et a parting density of 33. 2 which is sufficient for angle materials to float and get separated. The suspension material is recover reed by using low intensity magnetic separators (LIME). Feed for the dense media separation must be hard and compact with non poor us gangue material. Heavy media cyclone – The process is used for iron ore fines with size range o f 0. Mm to 6 mm. The cyclone type separator utilizes centrifugal as well as gravitational forces to make separation between ore an d gangue material. Ground Frederickson of 325 mesh size is used as a media in cyclone. Jigging – Jigging is a gravity concentration technique where the iron ore is seep rated into light density fraction, medium density fraction and heavy density fraction. Size fraction of the iron ore used for gig Eng is 0. 5 mm to mm. Http://asparagus. Com/beneficiationofironores/ Spirals – Spiral concentrators are flowing film separation devices. General pop ration is a continuous gravitational laminar flow down on an inclined surface. The mechanism of separation involves primary and SE secondary flow patterns. The primary flow is essentially the slurry flowing down the spiral trough under the force of gravity. The sec Andrea flow pattern is radial across the trough. Here the uppermost fluid layers comprising higher density particles move away from t he centre while the lowermost concentrate layers of higher density particles move towards the centre. Spirals require addition of water at various points down the spiral to assist washing of the iron ore, I. E. Transporting away the light gangue from the dense ore. The e amount of wash water and its distribution down the spiral trough can be adjusted to meet the operating requirements. Point count roll minimizes the total water requirements by efficiently directing water into the flowing pulp at the most effective angle. Feed size app logicality is in the range of 0. 3 mm to 1 mm. Spirals are normally operated at a pulp density of 25 % to 30 % solids. Tables -? Tables have wide range of application in gravity treatment of iron ore s. Tables are normally used in cleaning and scavenging circuits. Feed size applicability is in the range of 0. 3 mm to 1 mm. Spirals are n armorial operated at a pulp density of 25 % to 30 % solids. Multi gravity concentrator – They are under development stage and are design Ned to treat fines and ultramarine particles Of iron ore. They are useful in processing of valuables from slimes and tails. Cyclones – Cyclones used for concentration of iron ores are of several types. T hose include hydrochloric, stub cyclone and heavy media cyclone. Cyclones are cost effective and simple in their construction. The e main parts of a cyclone consist of cyclone diameter, the inlet nozzle at the point of entry into the feed chamber, vortex finder, cyclic medical section and cone section. They have proper geometrical relationship between the cyclone diameter, inlet area, vortex find ere, apex orifice, and sufficient length providing retention time to properly classify particles. As the feed enters the chamber, a rotation Of the slurry inside of the cyclone begins, causing centrifugal forces to accelerate the movement of the particles towards the oh term wall. The particles migrate downward in a spiral pattern through the cylindrical section and into the conical section. At this poi NT the smaller mass particles migrate toward the center and spiral upward and out through the vortex finder, discharging through the overflow pipe. This product, which contains the finer particles and the majority of the water, is termed the overflow and should be discharged at or near atmospheric pressure. The higher ass particles remain in a downward spiral path along the walls of the conical I section and gradually exit through the apex orifice. This product is termed the underflow and also should be discharged at or nee r atmospheric pressure. Magnetic separation Magnetic separation technologies are used to take the advantage Of the differ once in the magnetic properties for separating iron ore from the non magnetic associated gangue materials. Magnetic separation can be condo acted in either a dry or wet environment, although wet systems are more common. Magnetic separation operations can also be categorized as either low or high I density. Low intensity separators use magnetic fields between 1000 to 3000 gauss. Low intensity techniques are normally used on magnetite ore as an inexpensive and effective separation method. High intensity separators employ fields as strong as 20,000 gauss. This method is u seed to separate weakly magnetic iron ores such as hematite, from nonmagnetic or less magnetic gangue materials. Other factors important t in determining which type of magnetic separator system is used include particle size and the solids content of the ore slurry feed. Http:// asparagus. Com/beneficiationofironores/ 5/13 Typically magnetic separation involves three stages of separation namely (I) c bobbling, (ii) cleaning/roughing and (iii) finishing. Each stage may employ several drums in a series to improve separation efficiency. Each s successive stage works on finer particles as a result of the removal of oversized particles in earlier separations. Cobblers work on larger particles and reject substantial percent of feed as tails. Several types of magnetic separation technologies are used. These are descried bed below. Wet and dry, low intensity magnetic separation (LIME) High gradient magnetic separation (HIGHS) Wet high intensity magnetic separation (WHIMS) Roll magnetic separators for processing weak magnetic ores Induction roll magnetic separation (RIMS) for concentrating dry ores Flotation process Flotation process uses a technique where particles of one mineral or group of minerals are made to adhere preferentially to air bubbles in the presence of a chemical reagent. This is achieved by using chemical reagents t hat that preferentially react with the desired mineral. Several factors are important to the success of flotation activities. These include unify remit of particle size, use of reagent compatible with the mineral, and water conditions that will not interfere with the attachment of the e reagents to the mineral or the air bubble. Today flotation is primarily used to upgrade concentrates resulting from mage entice separation. Flotation to be used all alone as a benefaction method is used rarely. Chemical reagents used are mainly of three main groups namely (I) collectors/ amines, (ii) brothers, and (iii) antifoam. Reagents may be added in a number of forms which include solid, immiscible liquid emulsion a ND solution in water. The concentration of reagents need to be loosely controlled during conditioning since adding more reagent than needed d retards the reaction and reduce efficiency. How to cite Beneficiation of Iron Ores, Papers

Marketing of Black Beans Cafe Samples †MyAssignmenthelp.com

Question: Discuss about the Marketing of Black Beans Cafe. Answer: Marketing Activities Placing advertisements in that of the Weekly Newspaper will be able to promote the services of Black Beans Cafe. It will help the target audience to get a look at the brand that can draw the customers towards it (Chandra 2017). Mail Flyers would also be made use of so that marketing can be done directly to that of individual customer and to that of individual business. Evaluating performance of marketing activities The evaluation of performance of Black Beans Cafe can be measured with the help of telephone calls that would be made in order to make enquiries soon after they have seen the advertisements on the newspapers. The target market of Black Beans Cafe mainly comprises of the young population and primarily the office goers and the orders made by this segment can help in the process of evaluation of that of the marketing activities. The rate of return on that of direct mail campaign and if half the number of people who respond to that of the mail makes a purchase then it can be said that the marketing activities have been fruitful. The cost effectiveness can be measured if the HR shifts its focus from that of the efficiency metrics to that of business outcome (Kim, Jang and Adler 2015). Marketing Performance Metrics can be made use of in order to evaluate the performance of marketing activities. Themanagement team of Black Beans Cafe can make use of the key performance indicator in order to understand the success of the marketing activities (Amsteus, Olsson and Paulsson 2015). This can help in emphasizing how the expenditure made on marketing have an impact on the bottom line of the Black Beans Cafe. It can help in measuring the degree of the profits made and hence in evaluating the performance of the marketing activities. Professional Associations The professional organisation Australian Coffee Traders Association can help Black Beans Cafe in fomenting positive relationship and increasing its hold over the market. The association of Black Beans Cafe with that of Australian Coffee Traders Association will be able to improve standard of coffee and thus help in winning the loyalty of the customers. It can also form an association with Australian Barista School and the association with this brand would be able to show to the customers that the workers have been trained in the art of coffee making (Alford and Page 2015). The credibility of the customer towards that of Black Beans Cafe will be strengthened after being associated with the school. Other associations with which Black Beans Cafe can form an alliance with are the Australian Association of National Advertiser and the Australian Marketing Institute (Jalil, Fikry and Zainuddin 2016). The Australian Association of National Advertiser will be able to promote the right of the customers in relation to Black Beans Cafe and it can effectively deal with the complaints that the consumers have towards Black Beans Cafe. Membership benefitting marketing activity The Australian Coffee Traders Association can help in improving standards in relation to coffee and it can assist in the process of networking. It proves to be of great merit in reducing the duty in relation to import of coffee. The course completed at the Australian Barista School would result in producing a nationally recognised statement that can augment the reputation of Black Beans Cafe (Oktafani, Suryawardani and Riezkya 2016). The Australian Association of National Advertiser (AANA) along with that of the Australian Marketing Institute would be able to afford protection to that the rights of consumers and that the marketing efforts are carried out in the proper manner. AANA is representative of the interest of the organizations and it is involved in the process of marketing along with advertising. Its primary aim is to protect the consumers by ensuring that the process of marketing communications have been carried out in a responsible manner. Being associated with this organiz ation will thus help Black Beans Cafe in conveying to the customers that the marketing activities have been carried out in an ethical manner. Industry Event of Black Beans Cafe The industry events that Black Beans Cafe has decided to participate in the next six months are that of Melbourne Coffee Week, Melbourne International Coffee Expo, The Coffee Experience and that of International Coffee Organization (Lee et al. 2016). Melbourne International Coffee Expo is a dedicated event related to coffee and many cafe owners and equipment manufactures attend the event. Melbourne Coffee Week provides a vivid exposure in relation to the coffee industry. The Coffee Experience is a trade show and the different coffee roasters will be able to reveal to industry how they are different from the others (Wu and Wang 2014). International Coffee Organization is an intergovernmental organization that can help brands in tackling challenges with the help of international cooperation. Report showing effectiveness of marketing activities Marketing Activities Chosen The marketing activities chosen were that of weekly newspaper that can help in publicising the name of the brand of Bean Black Cafe. A large proportion of the population reads the newspapers and the name of the brand appearing on such a large platform can help the public in knowing about the cafe easily and quickly. It would rightly serve the marketing objective of Bean Black Cafe. A large part of the market of Black Beans Cafe consists of office workers and it makes up 80 % of that of day time trade. The people who are aged from 20-60 comprise the major segment who make up the day time market of Black Beans Cafe. A large part of the target audience of Bean Black Cafe comprises of people of the age group of 20-50 so the designing should be elegant and unique. Beautiful graphics should be made use of in the newspapers so that it can entice the audience. Direct mail marketing is a technique that can be made use of by Bean Black Cafe. Sending the flyers with the help of direct e-mail ca n help in capturing the potential customers that can help in the process of generation of maximum revenue (Zhu and Chen 2015). It has a high response rate and business listings along with telephone directories can be made use of in order to reach a large audience.The business goal should be set out clearly in the flyer and it can help in the generation of new customers. It can rightly help in the process of expansion of market and can help in serving a wider demography (Alford and Page 2015). The problems incurred during promotion in the newspapers involve around budget. It involves a large expenditure and Bean Black Cafe has to set aside a lot of funds so that it can advertise in the newspapers. Flyers do not have long term impact on that of the customers and they are easily dismissed by people. People often do not take seriously the information that is printed on the flyers. People receive a lot of mails on every day basis so the mail flyers may go unnoticed to the public eye. Performance of Activities Enquiries made via telephone calls would be able to lay clear in front of Black Beans Cafe whether the marketing strategy has proved to be successful. The number of telephone calls reaching Black Beans Cafe and the number of purchase orders will point out the success of the marketing strategy. The primary target consumer is the younger audience and the number of purchases and take-away made by this segment can help in emphasizing whether the marketing strategy of Bean Black Cafe has been successful. Rate of return in relation to direct mail campaign can help in signifying whether the distribution of flyers via direct mail has been successful (Wu 2016). Half the number of people who have received the mail making purchases will signify the success of the marketing strategy. Shifting focus by the human Resources of Black Beans Cafe from the domain of efficient metrics can prove to be useful in evaluating the marketing strategies. It should focus on the aspect of business outcome so that it can calculate the progress made. Financial accounting system can help in measuring the performance in relation to the marketing strategies. Marketing Intelligence Marketing intelligence can help in the process of decision making and it is gathered by searching the environment. It can help in the process of market penetration and in relation to market development metrics. Focus groups helped in gaining insight into different kinds of coffee patrons. The focus groups helped in furnishing important information pertaining to decision making process of the customers (Ziliani and Ieva 2015). Sales force of Black Beans Cafe stands as representative of the organisation and they have maximum interaction with that of the end-customer so they will be able to furnish important information pertaining to the choice of the customer. They can offer realistic feedback in relation to the market. They can directly ask the customers regarding the areas that they think Black Beans Cafe should improve on in order to provide the customer with a pleasurable experience. Market survey carried out with the help of the sales force can help in gathering important informat ion (Gzquez-Abad, Martnez-Lpez and Snchez-Franco 2017). The channel partners of the business can also provide significant information regarding the marketing initiatives of Black Beans Cafe. The channel partners should be educated regarding the services offered by Black Beans Cafe that can help them in aligning with their business goal. They can also take part in the training that can help them in shedding light regarding the marketing activities of Black Beans Cafe. References: Alford, P. and Page, S.J., 2015. Marketing technology for adoption by small business.The Service Industries Journal,35(11-12), pp.655-669. Amsteus, M., Olsson, H. and Paulsson, R., 2015. The Scent of a Successful Venue:(In) Congruent Scent and Consumer Attitude towards a Caf.International Journal of Business and Social Science,6(5), pp.232-243. Chandra, Y., 2017. Social entrepreneurship as emancipatory work.Journal of Business Venturing,32(6), pp.657-673. Gzquez-Abad, J.C., Martnez-Lpez, F.J. and Snchez-Franco, M.J., 2017. What are the Characteristics Defining Flyer-Prone Consumers? A Theoretical and Empirical Analysis. InThe Customer is NOT Always Right? Marketing Orientationsin a Dynamic Business World(pp. 411-411). Springer, Cham. Jalil, N.A.A., Fikry, A. and Zainuddin, A., 2016. E-atmospheric effects on youth intention to revisit a cafe.Procedia Economics and Finance,37, pp.497-503. Kim, D., Jang, S. and Adler, H., 2015. What drives caf customers to spread eWOM? Examining self-relevant value, quality value, and opinion leadership.International Journal of Contemporary Hospitality Management,27(2), pp.261-282. Lee, S., Lee, K.S., Chua, B.L. and Han, H., 2016. Journal of Destination Marketing Management. Oktafani, F., Suryawardani, B. and Riezkya, A.D., 2016. Groundzeros Cafe Bandung Customer Satisfication Influence On Servicescape.Bandung Creative Movement (BCM). Wu, S.I. and Wang, W.H., 2014. Impact of CSR perception on brand image, brand attitude and buying willingness: a study of a global caf.International Journal of Marketing Studies,6(6), p.43. Wu, S.J., 2016, July. Commodities Selection of Supermarket Email-Flyers by Recommender Systems. InInternational Conference on Frontier Computing(pp. 677-689). Springer, Singapore. Zhu, Y.Q. and Chen, H.G., 2015. Social media and human need satisfaction: Implications for social media marketing.Business horizons,58(3), pp.335-345. Ziliani, C. and Ieva, M., 2015. Retail shopper marketing: the future of promotional flyers.International Journal of Retail Distribution Management,43(6), pp.488-502.

Martin Luther King Junior Essay Paper Example For Students

Martin Luther King Junior Essay Paper Martin Luther King, Jr. was born on January 15, 1929, in Atlanta, Georgia, to Alberta Williams King and Martin Luther King. Martin Luther King Jr. was a very astonishing man. He did a lot to change the way America was in his time. He first became involved in civil rights movement when Rosa Parks refused to give up her seat to a white person. This was only the beginning of his hard work to put an end to it all. It was then the United States Supreme Court made the decision that Alabama law was illegal to segregate the whites from the blacks. It was Martins first victory and set to bettering the country.He inspired people of all different colors, races, and ethnicity to join in his peaceful quest to protest against segregation. Martin contributed to America his knowledge and dream of a brighter, kinder future. He believed that one-day America can leave with its entire people and not be judged on the color of their skin, but instead as the people they are. Martin Luther King Jr. traveled hundreds of miles and gave hundreds of speeches about his dream of equality and freedom for all, especially African-Americans.Many universities, churches, etc, awarded him with medals, honorary degrees, and the youngest person at age thirty-five to receive the Nobel Peace Prize. Martin Luther King Jr. made a huge difference in America and till this day we honor him and his dreams that came true on Martin Luther King Jr. Day.

Laborem exercens Essay Example

Laborem exercens Essay Laborem Exercens Part One: â€Å"Introduction† Work is one of an aspect in life that differentiates man from the rest of the creatures. In addition, he must perform in order for him to earn his daily bread and contribute to the advancement of technology, science, political and economical status in the world. Automation of production, the high cost of raw materials, and the emergence of democratic revolution affected the distribution of work. According to Paulus (1981), work is part of what is old. However, man devised a way of specialization of work and division of labor in order to cater for the various aspects of life like geography, culture, and civilization. Ever since, the only purpose of work is capital and property. This means that man has to work in order to produce goods and services. It makes no sense to divide labor and capital separately. However, work serves man in ownership of property hence the existence of man on earth is essential on work. We will write a custom essay sample on Laborem exercens specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Laborem exercens specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Laborem exercens specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Part Two: â€Å"Work and Man† In the book of Genesis, is written that, the main aspect of human existence on earth is dependent on work. Man dominates the world by domestication of animals and obtaining food and clothing from them, farming and extraction of minerals from the sea hence starting the industrial era. Development and advancement of technology has made the work of man easier and simpler thus creating a specialization of work. Workers solidarity came about after injustice in the system came about. Their solidarity and worker’s rights have brought many changes like the control of productivity and running of the business. Paulus (1981) also states that, â€Å"On the world level, the development of civilization and of communications has made possible a more complete diagnosis of the living and working conditions of man globally.† Moreover, other forms of injustices, which were more extensive, have come up. Part Three: â€Å"Conflict between labor and capital in the present phase of history† During the period of â€Å"Rerum Novarum†, the industrial insurgency brought about the conflict between labor and capital that later transpired into a struggle of the various classes in the society. In addition, the greed motivated by the opportunities for the unique profits that the industrial revolution brought about, man, the most important factor in work, hence relegated to a subsidiary role based on the economic value of his contribution to the industrious process. Moreover, it contributed to removing the conflicts between workers. Unemployment need to be deal with, as it is a major drawback to the wellness of the economy of the world. Part Four: â€Å"Rights of workers† The rights of workers should include job offers to disabled persons. In addition, they should include salaries, medical insurance, retirement benefits, and work leave every year. According to catholic teachings, workers unions are a mouthpiece for lesser-paid workers in the industry. God sees the spirituality of work especially on human. Paulus (1981) states that, â€Å"an inner effort on the part of the human spirit, guided by faith, hope, and charity, is needed in order that through these points the work of the individual human being may be given the meaning, which it has in the eyes of God†. Whichever department one works in, he or she should work heartily as if he or she is serving God not man, remembering that the chosen one will receive inheritance as a return. Later, our actions here on earth will determine the resulting outcome. Part Five: â€Å"Elements for a spirituality of work† If a man gains the world and loses himself, he has no use in this world. Moreover, God’s kingdom should be eminent from the earthly possessions. In the end, it is in our very nature that man must work in order to sustain himself and his family in this changing world. Sweat and fatigue are in our everyday lives as we work for a better future. Christians should pray and have unity in the work place in order to build a stronger nation with good morals. Reference Paulus, Ioannes PP. II (1981). Laborem exercens. Retrieved from http://www.vatican.va/holy_father/john_paul_ii/encyclicals/documents/hf_jp-ii_enc_14091981_laborem-exercens_en.html