Essay on Options and Firm Offers

Essay on Options and Firm Offers Essay on Options and Firm Offers Essay on Options and Firm Offers  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The option C is the enforceable contract that Sally and Louie may have upon signing the paper. This contract is enforceable since it contains the promise of Sally to reserve her Monday mow for Louie until 5 p.m. and Louie promises to handle her $5Issue  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The issue is the establishment of the contract between Sally and Louie, where Sally promises to reserve her Monday mow for Louie until 5 pm, when Louie is supposed to take the final decision and enforce the contract by handling Sally $5 and agreeing to the contract’s conditions.Rule  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The rule is the restatement, para. 87 option contract, according to which an offer is binding as option contract if it is written and signed by the offeror and is made irrevocable by the statute.Rule explanation  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The rule means that the parties h ave signed the contract and the binding of the contract makes it irrevocable that means that if either party refuses from the contract by violating its provisions becomes responsible for the breach of contract.Application  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In case of Sally and Louie the application of the rule means that Louie should either agree and accept Sally offer by 5 pm and handle her $5 or, alternatively, he should refuse from the contract and did not accept the offer made by Sally. Sally in her turn should wait until 5 pm and set herself free to choose any other client to contract her Monday mow. She may act in the same way, if Louie refuses to pay her $5, if he accepts her offer.Conclusion  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Thus, Sally and Louie have a binding contract, which is enforceable by 5 pm upon options determined in the written form of the contract.

Interesting Facts About European Green Crab

Interesting Facts About European Green Crab The green crab (Carcinus maenas) is commonly found in tide pools along the East Coast of the United States from Delaware to Nova Scotia, but this species is not native to these areas. This now-abundant species is thought to have been introduced into U.S. waters from Europe. Green Crab Identification Green crabs are a relatively small crab, with a carapace  that is up to about 4 inches across. Their coloration varies from green to brown to reddish orange. Classification Kingdom: AnimaliaPhylum: ArthropodaSubphylum: CrustaceanClass: MalacostracaOrder: DecapodaFamily: PortunidaeGenus: CarcinusSpecies: maenas Where Are Green Crabs Found? Green crabs are widespread in the eastern U.S., but they arent supposed to be here. The green crabs native range is along the Atlantic coast of Europe and northern Africa. However, in the 1800s, the species was transported to Cape Cod, Massachusetts and is now found in the eastern U.S. from the Gulf of St. Lawrence to Delaware. In 1989, green crabs were discovered in San Francisco Bay, and now they inhabit the West Coast up to British Columbia. Green crabs have also been recorded in Australia, Sri Lanka, South Africa and Hawaii. It is thought that they were transported in the ballast water of ships, or in seaweed that was used to pack seafood. Feeding The green crab is a voracious predator, feeding primarily on other crustaceans and bivalves such as soft-shelled clams, oysters, and scallops. The green crab moves quickly are dexterous and are capable of learning, so that it can improve its prey-handling skills while it is foraging. Reproduction and Life Cycle Female green crabs can produce up to 185,000 eggs at a time. Females molt once each year, usually during the summer. During this time, the crab is very vulnerable until its new shell hardens, and the male green crab guards the female by pairing with her in pre-molt cradling, defending the female from predators and other males. A few months after mating, the females egg sac appears. The female carries this egg sac for several months, then the eggs hatch into free-swimming larvae, which stay in the water column for 17-80 days before settling to the bottom. Green crabs are estimated to live up to 5 years. Conservation Green crab populations have expanded rapidly from their native home in the Eastern North Atlantic, and they have been introduced into many areas. There are several ways that the green crab can be transported to new areas, including in the ballast water in ships, in seaweeds that are used as packing materials to ship marine organisms, as bivalves shipped for aquaculture, and movement on water currents. Once they are introduced, they compete with native shellfish and other animals for prey and habitat. Sources MIT Sea Grant. 2009. Introduced Species (Online). MIT Sea Grant Center for Coastal Resources. Accessed May 23, 2009.National Heritage Trust. 2009. European Shore Crab (Carcinus maenas). National Introduced Marine Pest Information System, CRIMP No. 6275. Accessed May 23, 2009 (link no longer active as of June 2014).Perry, Harriet. 2009. Carcinus maenas. (Online) USGS Nonindigenous Aquatic Species Database, Gainesville, FL. Accessed May 23, 2009.Prince William Sound Regional Citizens Advisory Council. 2004. Green Crab (Carcinus maenas). (Online) Non-Indigenous Aquatic Species of Concern for Alaska. Accessed May 23, 2009.Washington Department of Fish and Wildlife. 2009. Carcinus maenas (Green Crab). Washington Department of Fish and Wildlife Invasive Species Fact Sheets. Accessed May 23, 2009, online. As of August 2010, no longer online.

Write a research proposal about Apple Example | Topics and Well Written Essays - 2500 words

Write a about Apple - Research Proposal Example The company, since its inception, has adopted resourced based view of business management. Under such management, the company has expanded business branches across numerous economies, after saturation of the domestic market. Despite achieving success, Apple’s trade is threatened by potential rivals within the electronics industry. In this epoch, companies are exposed to greater competition and complication in the business world, where market influences of externalities are found to be soaring. This proposal is framed for a future management research that would analyze major strategic business issues faced by Apple Inc. and finally, the researcher would elaborate on ways whereby these problems can be minimized. The research proposal for the dissertation aims to evaluate issues faced by Apple Inc. and in turn frame productive ways to eradicate the same. It is highly rational to conduct such a research work because if these problems are not resolved, then Apple Inc. can surely lose its dominant position within the industry in long run. The above profit (income) and revenue graph of Apple Inc. precisely elaborates on its current primary strategic issue. The graph shows that although aggregate revenue earned by the company is increasing with time, income or profit share is falling. Rising revenue, but falling income, indirectly points out increasing operational cost experienced by Apple Inc. It is highly viable to determine the primary cause of such a problem because in long run, similar strategic issues can arise in any multinational organization. The publicly traded organization of Apple Inc. was founded in 1976. The firm produces computer hardware and software products as well as other electronic gadgets such as, Smartphones and tablets. Some popular products of Apple Inc. are iOperating System, iPad and iPhone (Apple Inc., 2013). The headquarters of the organization is located in

Strategic sales management Essay Example | Topics and Well Written Essays - 3750 words

Strategic sales management - Essay Example The process of having a good human resource base does not end with recruiting people as it is equally important to have motivated employees who can easily align their personal objectives with the organizational objectives so as to bring about organizational efficiency and generate competitive advantage. In order to have motivated employees, it is necessary to ensure a proper job fit so as to align the objectives of the employees and the employers. This requires a good recruitment strategy that would actually help in selecting a set of individuals who would be able to align themselves with the job responsibilities as well as the working culture in the organization. This would also boost up the morale of the employees who would be motivated to take up the job responsibilities (Griffin & Moorhead, 2009, p.118). The present study would be based on analysing the recruitment and staffing issues for the FMCG giant Procter & Gamble. The choice of the organization assumes significance as the company is considered to be among the largest FMCG companies of the world having its operations in diverse geographies with a wide product portfolio. The study would analyse the present recruitment policy of the organization and would try to find out the possible shortcomings in the strategies of recruitment and staffing presently adopted and implemented by the company. It would also try to formulate a proper recruitment and staffing strategy for the organization which would also include the framework for compensation, incentives and reward programs so as to motivate the employees to provide their best effort at the organization. About the Company Procter and Gamble (PROCTER & GAMBLE) is one of the most coveted FMCG Company of the world. The organization has its headquarters based in Cincinnati, USA and successfully operates out of 180 different diverse geographic nations with a wide array of product offering. The strengths of the organization can be analysed from the fact that its market capitalisation is greater than the GDP levels of many nations. The company also has a well defined policy of serving the society through a well knit policy of corporate social responsibility. The organization also has a well defined recruitment and staffing policy that helps it to churn out the best possible employees. It also has a raining and development program that trains employees to meet the standards required to bring about efficiency in organizations like PROCTER & GAMBLE (Procter & Gamble, 2011). Recruitment strategy Procter and Gamble follows a highly rigorous and comprehensive framework for recruitment and selection. The candidates selected for the organization are generally asked to go in through a rigorous session of numerous rounds of interviews. In the initial strategy, the candidates are asked to appear for an interview that tests the candidate’s ability to produce high volumes of quality work. The candidates pass through two rounds of filtering after w hich a test of general knowledge and general aptitude is conducted. The extent of success in these tests determine the level of efficiency of the candidate

Henrik Isbens A Dolls House :: A Dolls House Essays

Women Have Come A Long Way   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"A Doll House† is no more about women’s rights than Shakespeare’s Richard II is about the divine right of kings, or Ghosts about syphilis. . . . Its theme is the need of every individual to find out the kind of person he or she is and to strive to become that person.† (Bloom 28) Ibsen portays this behavior in A Doll House through one of the main characters, Nora Helmer, by setting the scene in Norway in 1872. In the late 1800s, women did not play an important role in society at all. Their job was mainly to cook, clean, sew, take care of the children, and keep the house in order. They were treated as a material possession rather than a human being that could think and act for themselves and looked upon as a decorative member of the household. Women were robbed of their true identity and at the end of the play, Nora leaves everything behind to go out into the world to seek her identity.   Ã‚  Ã‚  Ã‚  Ã‚  This behavior can be traced back to the beginning of time when women were to stay home and gather nuts and berries, while the men would go out and do the hunting and fishing. The male always dominated over the women and it was not viewed as â€Å"unfair.† Male children would go to school to get an education in history, mathematics, science, english/writing, while the female would go to school to learn how to cook, sew, clean, and do household chores. The male could then further advance his education by attending a college or university, whereas no college would accept a women student. â€Å"The history of mankind is a history of repeated injuries and usurpations on the part of men toward woman, having in direct object the establishment of an absolute tyranny over her.† (Declaration of Sentiments) It was believed that women were the inferior gender and had to have special attention given to them. This idea dates back to the Medieval Period in history and is where the whole idea of chivalry came about and men having to provide special care. One can see that the idea of male superiority can be referenced back to very early on in civilization to the day A Doll House was written. â€Å"Torvald: You stay right here and five me a reckoning. You understand what you’ve done?

Enlightenment and Religion Essay

Enlightenment has been fundamentally a humanistic movement, which proposed a new approach to basic matters of religion, faith and church. This paper aims to investigate some of the Enlightenment teachings about religion. I will use â€Å"An Answer to the Question: What is Enlightenment?† by Emmanuel Kant and â€Å"A Letter concerning Toleration† by John Locke to demonstrate how philosophers of the Enlightenment treated religion. In explaining what Enlightenment is Kant touched some questions of religion and church. For him religion was a personal choice of every individual. In contrast, church under Kant is a part of a machinery, aimed to ruin critical thinking. As he observed: â€Å"The pastor says, â€Å"Do not argue, believe!† (Only one ruler in the World says, â€Å"Argue as much as you want and about what you want, but obey!†) In this we have examples of pervasive restrictions on freedom†. Moreover, Kant believed, that the Church uses to hide truth to keep the flock obeying. In spite of encouraging people to apply to original sources of religious teachings the clergy merely retells the ideas as they consider fit. Thusly, personal consciousness becomes replaced by collective one, embodied in the person of a priest. To make it’s control even more strict the church watches it’s believers and bides them with collective oaths. The way out of such situation is, as Kant believed, a self-understanding of every individual and free thinking about religion without advise of a church. A person, who is free in religious questions, can be called enlightened. Locke expressed similar views in his â€Å"Letter concerning Toleration†. His basic idea is that in making a religious choice a person should be free from official’s oppression. Civil authorities are to provide equal conditions to all believers and prevent conflicts on religious grounds, but not more than that. Each person has a right to care of personal salvation inside such established limits. Locke recognized, that religion makes people blindly accept a dogma and behave aggressively towards those, who do not recognize such a dogma. As regards the church, Locke explained, that it is a voluntary association of believers. A person is born outside of any church, although usually brought to church by parents. An adult and free person, however, should have a free option to chose whether to belong to any church or not. Moreover, religious questions should not be used in a discriminatory manner not only by the church, but also by private individuals, in other words, a religious beliefs should be respected by all members of the society even in case they contradict to their personal beliefs. Locke called such a state â€Å"Mutual toleration†. Authorities should not act favorably in respect of any church, although rulers are also usually adepts of a certain religious, but their laws are to be just for every religion. To ground such a thesis Locke explained, that civil freedoms do not depend upon personal views on eternal life and salvation, therefore, every person, independently of religion, has equal importance for the society. Sources Emmanuel Kant, An Answer to the Question: What is Enlightenment? Available at: http://www.english.upenn.edu/~mgamer/Etexts/kant.html, (last viewed: May 2, 2003) John Locke, A Letter concerning Toleration Available at: http://press-pubs.uchicago.edu/founders/documents/amendI_religions10.html (last viewed: May 2, 2003)

Computer Science That Has Evolved From Pattern Recognition...

‘Machine Learning is a sub discipline of Computer Science that has evolved from Pattern Recognition and Computational Learning Theory.’ ML is akin to Data Mining in the sense that both approaches look for patterns in the data set and while the former trains the program to better its understanding, the latter focuses on extraction of data for human comprehension. A typical application employing ML would involve the design and construction of an algorithm where the program is trained through huge samples of historical data to create a model. This model is later utilized on real time data sets to predict what happens next. While Machine Learning itself has been around for decades, it has found itself into reckoning with the advent of Big†¦show more content†¦Amazon Web Services S3 or Microsoft’s Azure are few amongst the various cloud services currently available that allow users to store massive amounts data at unbelievably low costs. With massive data at disposal comes the huge potential to analyze this data to draw inferences or predict future events. But why exactly is Machine Learning moving to the cloud? A compelling reason to move to the cloud would be the varying computational requirements in the ML lifecycle. The process of training/ retraining your model requires enormous computation power and resources, while the process of utilizing your trained models does not require any resources. The varying workload of the ML lifecycle makes it an ideal candidate for the cloud. Cloud Computing is a powerful technology that allows complex computations on massive scale data by eliminating the need to maintain dedicated storage space or maintain expensive hardware. Also it follows intuitively to train your models in the cloud where the data is stored. Prior to the advent of cloud based ML platforms, the only way to do advanced analytics was to purchase packages such as SAS or IBM’s SPSS or resort to tools like R. The cloud based platforms make Machine Learning more accessible to a large group of users who intend to deploy predictive models in order to enhance their products or services. Cloud based Machine Learning Services: