Monday, September 30, 2019

Hotel Rwanda Essay

The film Hotel Rwanda was about Paul Rusesabagina who was the hotel manager of Hotel des Mille Collines. In this film, he was set in a time and an environment where there was so much internal violence and conflict between ethnic groups or communities in Rwanda between the Hutu and the Tutsi. Paul was trying to run his hotel amidst all these controversies and dangers lurking around him, his family and his fellow countrymen. He was well-aware of these hazards being placed right in the middle where he would encounter people from both ethnic communities while being a part of one. This film presented the alarming event that changed and set the country of Rwanda in the map of the world as a place where some of the worst atrocities of mankind had been committed, where around 800,000 people were killed in short span of three months. Amidst these horrifying circumstances, Paul stood up to save not only his family and friends but his fellowmen doing everything he could to save the lives around him.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The film showed the burden Paul had to carry as a husband, as a father and as a citizen. Paul was a Hutu but his wife, Tatiana, was actually a Tutsi. Being married to his wife, a Tutsi, Paul would be considered a traitor to the Hutu. The highlighting part of the movie was on the night of the civil war where Paul had to save his family and friends. He then brought them to his hotel. At the same time, more refugees were also arriving at the hotel. Paul left the hotel to seek help and would then talk with the Hutu army general who after some time agreed to go to the hotel. When they arrived, the hotel was already under siege. Paul searched for his family and found them safe hiding.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This film was about the Rwandan genocide which happened in 1994. This genocide arose from the conflict between the Tutsis and Hutus. Since the colonial times, there had been tension between the Hutu who happened to be the majority in the country and the Tutsi’s who were the minority.   Belgians were the colonial masters who brought about the problem by empowering the minority Tutsi’s making them the elites of the country. As a result of this, the Hutus continued to be seen as second class citizens in a country where they were the majority in terms of population. The social structure which had been fairly dynamic was divided into two competing and fighting ethnic groups; this resulted in a full blown genocide in Rwanda in April 1994 which saw more than 800,000 people die within a short time most of them being hacked to death (Marko-Stockl, 2004).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The movie was very alarming and terrifying seeing how certain communities in a country would fight amongst each other. The most frightening reality was that 800,000 people were killed in just around three (3) months. I personally feel that such events like these would sometimes be influenced by so many factors and circumstances. The reason would largely point out to the historical occurrences that happened in the country especially the influence of the colonial power that took control of the country. The movie was interesting and depicted an inspiring story of love for one’s family and one’s country. It showed that in times of great peril, there were still those who would be courageous enough to stand up, lead and protect those that he could. The movie should be something that would let those in power and those who could do something in times of events like genocide or other heinous and disturbing events to reach out and help. Imagine that people and organizations would discuss in meetings and conferences whether or not to help a country while thousands and thousands of people were dying. I believe that Hotel Rwanda should be seen not just as a mere movie, but a warning and an eye-opener to truths and realities present in the world that would be ignored and set aside. This movie would be a beacon that would stand against apathy and indifference present in the world, in the leaders and in the attitudes of so many people. Work Cited Edith Marko-Stà ¶ckl. The Making of Ethnic Insecurity: A Case Study of the Krajina Serbs. (2004)   

Sunday, September 29, 2019

Analyzing Fiction Essay

In â€Å"Where are you going, where have you been†, this story makes me frustrated with the main character Connie. She comes off to me as an immature little girl who wants to live the life of a mature woman, but when faced with reality she is still just a little girl. I felt Connie feels the need to rebel or act a different person when she leaves her house and in a sense lives a double life and has two personalities. In the story the author writes, â€Å"She wore a pull-over jersey blouse that looked one way when she was at home and another way when she was away from home† (Oates 325). This was an example of how Connie lived this double life. Connie made herself very vulnerable when she goes out with Eddie and exposes herself as a â€Å"woman† when she is not. What I feel is significant about this piece of literature is the story that is being told and the reality behind it. Many young girls face this kind of reality everyday and don’t have a good outcome. The authors’ intention in the story was to portray a little girl named Connie and show her struggle with adolescence and wanting to become a woman far too fast. The themes that stand out to me in this story are Connie’s constant fantasizing and daydreaming. She is always worried about her appearance and fantasizing about boys, but when it comes down to the reality of actually engaging and being confronted with a man, she reverts to being a child again. Another theme that stands out to me is Connie leaving herself extremely vulnerable. She has her friends’ dad drop them off at a shopping plaza, but sneaks off to a drive in to meet boys. Then she meets with Eddie and hangs out in an alley. This exposes her to Arnold Friend. She portrays herself with a lot of independence, but when she has the confrontation with him at her house, she tries to scare him away with saying, â€Å"But my father’s coming back. He’s coming to get me† (Oates 330). She says this because she is still a little girl and doesn’t quite know how to handle this situation. The reality of this type of story is what makes this piece of literature valuable. The author wrote a story about a young girl wanting to grow up too fast and puts herself in situations that portrays her independence, but then exposes her vulnerability. As a reader, I felt this story is a reality for many young girls. I think the authors’ goal here was to allow the reader to see what many young girls face and how easy it is to be manipulated by a man who has aggressive attributes. It was very creepy for this man to know everything about Connie when they were never formally introduced, but Connie’s appearance led him to believe she was open to her sexuality than what she really was or could handle. References Oates, Joyce Carol. â€Å"Where Are You Going, Where Have You Been.† Lit. Eds. Laurie Kirszner and Stephen Mandell. Boston: Wadsworth, 2012. 325-331. Print

Saturday, September 28, 2019

Money and banking Assignment Example | Topics and Well Written Essays - 500 words

Money and banking - Assignment Example Conversely, introduction of money market mutual funds constrained deposit to banks since they paid higher money market values. Finally, the introduction of ATMs in the banking sector reduced the cost of transactions, which the banks used to benefit from due to the paper work required (DeYoung). Hence, the consequence of this shift was a reduction in banks fundamental sources of funds. Experts cite adjustable-rate mortgages (ARMs) as a dubious practice that exacerbated the financial crisis. In this case, ARMs enticed borrowers with low credit to enable them borrow against the value of homes. This way, families were able to own homes that were beyond their reach. Consequently, there was an inflation of a new bubble in the housing sector as prices were indicative of families’ inability to pay (Mackaman). Subprime mortgages, like ARMs, contributed to underpaid-workers owning homes that they could not afford to pay. In effect, this led to creditors risk managing the default payments through shadowy techniques that involved bundling, selling, and repackaging debt. With the number of defaulters rising, what followed was a number of foreclosures that were in contrast with the value of debt bundling from banks and saving institutions. In effect, these institutions resulted to liquidity and solvency status that lead to the crisis (Mackman). Strictly put, banks that follow proper lending procedures will ensure that the borrowers are credit worthy and they will not become defaulters, which can make a bank lose money. However, a bank with high nonperforming loans runs the risk of a low capital base to do business and they can run into trouble with financial regulators. In addition, such publicity might result to substantial withdraws from depositors (a run on the bank). 6- Explain the Basel requirements and how banks got around the

Friday, September 27, 2019

Capstone Analysis Assignment Example | Topics and Well Written Essays - 250 words

Capstone Analysis - Assignment Example The jury is bound to offer a sentencing that complies with the policies of the legal system. Sentencing may range from probation, compensating the victim, suspended sentences, community service, and incarceration. Life imprisonment and death penalties are extreme sentences spared for cases involving capital murder. The legal aspects of sentencing aim to mitigate crime by offering guidelines on how the state deals with criminal cases (Schmalleger, 2011). Criminal law analysts argue that the legal aspects achieve the objectives of sentencing by deterring potential crime on the part of the convict and the public. In addition, the analysts praise the legal factors of sentencing because legal action is taken on criminals. It is viewed that sentencing achieves the objective of maintaining a crime-free state. However, the jury may refer to leniency because it has the discretion to assess the criminal background of the defendant. The legal factors of sentencing aim to achieve both a crime free environment and societal protection. It is important to note that every state has specific state sentencing guidelines that are in line with the legal framework for sentencing criminals. The legal aspects of sentencing allows for some flexibility on how the jury handles criminal cases. However, altering or eliminating the legal factors may mean the end of fairness and justice. Such a move may lead to bias and discrimination that overlook the objectives of

Thursday, September 26, 2019

How might hegemons encourage the proliferation of regimes among other Essay

How might hegemons encourage the proliferation of regimes among other states - Essay Example cultural hegemonic worldview is therefore successful (largely) due to the economic, military-related or politically-oriented dominance maintained by the hegemon. An enquiry has been posed, questioning how hegemons might potentially encourage propagation of regimes among other states. Regimes are established governments, cultural norms or rules that guide and control an established institution and serve as the foundation for how this institution engages and interacts with domestic and international societies. In contemporary IR studies, regimes are enacted through interventions by the public and are considered permanent and durable organisations of norms and practices, such as the World Trade Organization or other organization with ample legal support and regulations to achieve institutional objectives. Hegemons, due to their economic or military-related superiority over other states and their ability to influence worldwide cultural norms, are often opposed by other states. The degree to which a state maintains power serves as the underpinning for international relations ideologies and hegemons attempt to exert this power to construct methodo logies for constructing international order (Buzan 2004). States that are, therefore, subjugated by hegemons and compelled to assimilate to the dominant cultural values of the hegemon can experience substantial indignation, seeing hegemonic dominance as an affront to domestic state ideologies that differ from the hegemon. Hence, hegemons encourage the proliferation of regimes among other states as an effort to liberate a state from hegemonic dominance, re-exert the subjugated state’s values and beliefs, and create a multi-polar international environment with more equilibrium in the global balance of power and other state influence in exerting unique and differentiated worldviews. The world, today, is witnessing the rise of a new regime, the Islamic State of Iraq and Syria (ISIS), a regime with an objective of establishing a

The Civil Rights Movement Essay Example | Topics and Well Written Essays - 500 words

The Civil Rights Movement - Essay Example The movements were different in their cultural focus, racial ideals, and strategy. The 1920s saw the emergence of the New Negro movement and its focus on African-American culture. While there were militant protests, mainly led by the NAACP under the direction of WEB DuBois, much of the movement was directed at celebrating African-American culture. Faced with segregation and the legal denial of the right to vote African-Americans turned to their own community for support. The Harlem Renaissance brought forth writers and artists that defined the African-American culture and popularized black art, music, and literature. This would form the backbone of future organizations that were based on black culture. The 1920s were ushered in with a nation that was tense from the riots of 1919 and African-American leaders were faced with the task of framing the new movement. The goal of the New Negro movement was to codify a set of ideals that would organize the African-Americans as a group with a common cause. Racism was rampant in many parts of the country as groups such as the Ku Klux Klan violently intimidated African-Americans from gaining any political power. While there were attempts to rise up against the violence, the goal of the movement was to define and organize the African-Americans as a cohesive political and social unit. During the 1920s a large number of African-Americans migrated from the South

Wednesday, September 25, 2019

Transnational Railways Assignment Example | Topics and Well Written Essays - 1250 words

Transnational Railways - Assignment Example AGUDL is never effective in a single forest domain environment. This software facilitates delegation of controls making supervision a continuous activity. In large companies like the Transnational Railway, it is possible to automate the system and domain controllers including their hardware’s. This allows the supervisor conductor to be more relived as supervisory role is simplified. In addition, this software makes it easy to carry out auditing of the whole work done as assigned to the employees in various positions. Windows 2008 provides window serve system that enables the creation of local security manage user and multiple administrative access. The availability of the active directory enables use of group policies of configurations security by use of specified passwords for a large group or collection of computers, users and groups of users by use of a single policy. These policies enable the administrator to standardized desktop configurations in a secure environment maki ng them to be easily accessed by the specified users. Windows 2008 has a single console that enables the administrators to observe directory based group policies and the working stations without much struggle making work more easy and enjoyable. This console is called the Group Policy Console (GPMC). This tool is used concurrently with active directory domain service. These two tools are very effective and efficient as the administrator is able to view group policies of the staff members, make some changes where necessary by editing and generate the most practical or workable combination of group policies. Policies may also be utilized to deliver software that is on demand. They can as well be used to redirect folders on the desktop and effect other settings as may be directed. These settings are clearly explained in each policy on their roles on the desktop. These reasons make it necessary to choose AGUDLP window 2008. It is also a domain controller. IMPORTANCE OF DATA SECURITY Dat a security prevents an organization and in this cases, the Transtionalrailway from losing critical information to data thieves. It enables a company keep its secrets and technological advancement for future growth and development. Losing customer information to unauthorized persons may lead to a company losing its customer base because of lack of trust on the confidentiality of their private information. Through data security, a company is able to define itself from other. This is in terms of innovations and other attributes that make it to standard out from the rest. Secure and organized data makes the management of the staff in different sections of the root convenient and fast. This creates more time to focus on other aspects that promotes company growth and progress. In addition, secure data enables the process of preparing employees payrolls very easy and manageable. It reduces the hectic of hiring more staff to handle different sections of the company as the company’s a dministrators can manage and control most of the activities of the company from a central point in the main domain. This in the end reduces malpractices as all employees must enter their passwords and pass locks before using the company resources and facilities in the course of their daily duties. Proper data storage enables a company to compare the way

Monday, September 23, 2019

History of Turkey Research Paper Example | Topics and Well Written Essays - 1750 words

History of Turkey - Research Paper Example Turkey is a sovereign country that has a lot of interesting stories surrounding its past. It is therefore said that Turkey has a great history. Whereas some of highlights are political, others are economics whiles some are social. All in all, different authors and reviewers have viewed the history of Turkey from different perspectives. In this essay, the views and thoughts of four writers who have written about Turkey from four different perspectives are discussed. Introduction of authors and their overall sense of purpose in their articles. , but then integrate and compare authors. Margaret MacMillan and The End of the Ottomans Margaret MacMillan is the author of Paris Peace Talks of 1919. The book contains a chapter from which the article â€Å"The End of the Ottomans† is found. The author, Margaret MacMillan approaches her theme or subject from a reported perspective. This is to say that she was not a living witness to the situation or case on which she reported. This is be cause the events leading to the actual end of the Ottomans took place in the year 1919. This not withstanding, nothing can be taken out of the authentication of the fact reported in the article. This is because the author is an insider as far as the events leading to the end of the Ottomans are concerned. For instance Stefov (2005) notes that â€Å"Margaret MacMillan is the great-great granddaughter of David Lloyd George. David Lloyd George (1863-1945) was British Prime Minister of the Liberal party during the 1919 peace talks and was responsible for drafting the Treaty of Versailles.† More to this, the author is a learned historian and professor at the University of Oxford. In her writing, she expresses an overall sense of purpose of the need for the treaty that ended the reign of the Ottomans. She also highlights the strategy used by the liberation seekers and justifies their approach of forming alliances with other nations to fight wars that eventually led to the end of th e Ottomans. Comparatively, Margaret MacMillan tackles a more ancient beginning of Turkey than the other authors as the other authors seem to write on the aftermath of the establishment of the new Turkey. Rajan Menon and Wimbush S. Enders and The US and Turkey: End of an Alliance? Rajan Menon and Wimbush S. Enders are the second authors whose work is considered in this essay. The two write on â€Å"The US and Turkey: End of an Alliance?† right from the citing of the topic of their article, their overall sense of purpose is made clear. This is said because the topic is put in a question form. This means that the authors are only making an interrogative statement and not a factual one. However, this sets the precedence for a rather controversial subject to be discussed by the authors. The controversy in their purpose of writing is in the fact that their theme is highly debatable and not subject to measurement. For instance to say that the US and Turkey alliance has come to an en d is not a measurable fact. It will therefore be very difficult to say this for a fact – a reason that the writers put their topic in a question form. However, a critical review of the article reveals that the writers have taken a stand and indeed a very firm

Sunday, September 22, 2019

Nursing Research Paper Essay Example | Topics and Well Written Essays - 1500 words

Nursing Research Paper - Essay Example A number of researches have been made for the past years focusing on assessment tool, healthcare delivery, and different treatment modalities. Others focused on special groups or populations such as the children, men or women, adults, and elderly. An example of topic made in nursing research is the urinary continence experienced among elderly. Despite advances made in the field of nursing regarding urinary incontinence, the risk of incidence among elderly is still increasing (Pringle-Specht, 2005, 58); thus, the author had thought of what might still possibly cause increase in incidence of urinary incontinence among elderly and how could the current quality of care provided be improved. In line with this, the paper will provide an overview of what the research will look like, as well as the goals for the activity undertaken. In addition, the paper will identify the problem, the significance of addressing the problem, and the search terms used in the review of literatures. Furthermore , the author will present the summary of the two selected research articles, the evidence of gaps between the literature and the research problem, the research question, approach and design, the research hypothesis, concepts or variables under investigation, the target and accessible population, the sampling procedure, the researchability and feasibility of the study, the challenges of conducting the research, and a conclusion. Goal The overall goal of the research activity is to identify whether the use of catheters and diapers as interventions increase the risk of urinary incontinence among elderly patients. The specific goals or purposes of the study are: (1) to identify other treatment modalities to prevent or control urinary incontinence among elderly patients; (2) to test the hypothesis concerning the relative risks of using diapers and catheters among urinary incontinent elderly patients; and (3) to use the findings to develop recommendations for possible changes in intervent ions for urinary incontinence. Problem Statement Use of urinary catheters and diapers while in the hospital increases the risk of urinary incontinence among elderly patients, and interventions to date found that diapers and catheters are often used as a first-line treatment for urinary incontinence (Schnelle & Smith, 2001, 754). Other treatment modalities are to be identified to reduce increasing risks of urinary incontinence among elderly. Significance of Addressing the Problem The study is significant to the geriatric patients as the risk of developing urinary incontinence due to catheters and diaper would be prevented. In addition, diminishing the use of diapers and catheters in elderly will boost their self-esteem and facilitate routine urination. The result of the study would benefit the nurses and the nursing profession because of addressing the changes that should be made in common nursing practice which is frequent use of catheters and diapers in geriatric patients as this m ay further contribute to urinary incontinence. Researchers from the related field would also benefit from the study for providing information about one of the causes of urinary incontinence among geriatric patients. Search Terms in Literature Databases from CINAHL, PubMed, Medline, NCBI, and Google Scholar were used in search of related

Saturday, September 21, 2019

Psychosis Leads to Murder Essay Example for Free

Psychosis Leads to Murder Essay Throughout In Cold Blood, Truman Capote writes on the events directly before, during, and the happenings after the brutal murdering of the Clutter family in the quaint town of Holcomb, Kansas. The actions Dick Hickock and Perry Smith attracted Capote and led him to ultimately report on the entire ordeal. Throughout Capote’s masterpiece, In Cold Blood, Hickock and Smith’s deranged and psychotic actions directly correlate to a deep psychosis they both suffered for multiple years. Throughout the novel, In Cold Blood, the two murderers, Dick Hickock and Perry Smith, show instances of unwarranted anger and aggression that leads readers into believing that a serious issue with their psyches have occurred. Early in, the novel Hickock states, â€Å"I didn’t want to harm the man. I thought he was a very nice gentleman. Soft-spoken. I thought so right up to the moment I cut his throat† (Capote 88). Here, the reader can clearly see Hickock contradicting himself but in in a rather frightening way. Smith also shows an instance of this as well later in the novel when he says, â€Å"I wish she’d been in that house that night. What a sweet scene!† (Capote 259). When Smith says ‘she’ in the previous, quote he is referring to his own sister. He vocalizes that he wishes his sister was among the Clutters in their house the night he and Dick killed them. This allows the reader to truly gage the depth of his psychosis by not even allowing himself to show any compassion to his own family. In Brian Conniff’s article â€Å"Psychological Accidents: In Cold Blood and Ritual Sacrifice,† he agrees with the previous thought by stating, â€Å"Hickock was the one with the ‘sexual intrest in female children’ who wants to stop, in the middle of the burglary, to rape Nancy Clutter,† a direct quote from Smith (5). Furnished from Capote’ s personal accounts, it allows the reader to see further into the extreme violence of the convicted felons. Aside from unwarranted anger and aggression, both, Hickock and Smith show a magnitude of signs that allow outsiders to infer that they, themselves, know of their mental condition and knowingly choose to ignore it. In many instances they vocalize this to each other and even to complete strangers. Shortly after the murders Smith said, â€Å"†¦The kind of psychotic rage it took to commit such a crime† (Capote 83). And Hickock mentioned, â€Å"I think there must be something seriously wrong with us to do what we did† (Capote 108). The context of these two quotes makes it quite easy to understand why readers believe that Hickock and Smith knew of their mental issues prior to the murders but both decided to ignore them. In Conniff’s article â€Å"Psychological Accidents: In Cold Blood and Ritual Sacrifice,† he agrees with the idea above by stating a written portion of an interview with Hickock done by Capote that reads, â€Å"Like all of the rest of the ‘normals,’ as Perry calls them—‘respectable people, safe and smug people’† (3). This is yet another solid acknowledgement of his insanity, which he chooses to blatantly ignore. Throughout the entire novel, Hickock and Smith both suffer seriously from psychotic delusions and emotional rants, which forces readers to perceive Hickock and Smith as mentally insane men. During one of these rants Smith exclaims, â€Å"I WANT TO CONESS!† (Capote 100). Hickock also shows multiple instances of emotional rants also. One of many comes when his sister says she will not contact him and he, overrun by emotion, states, â€Å"I wish she’d been in that house that night. What a sweet scene!† (Capote 259). And also, â€Å"I wouldn’t give a damn if this car caught fire and burned me alive† (Capote 188). Both these quotes appear while suffering severe shifts in emotions, which he could not control, thus proving his mental instability. After authorities caught the two, and while being questioned Smith stated, â€Å"It was part passion- a passion that was pathological,† meaning that he could not control himself (Capote 186). Small indications, such as these, allow readers to see deep into the psyche of Hickock and Smith, displaying disturbing images. Throughout unwarranted acts of anger and aggression, Hickock and Smith’s acknowledgement of their insanity, and the delusions and rants they experience directly correlation between their acts of horror and the deep psychosis they became trapped in late in their lives. This psychosis directly relates to why they did the terrible things they did, and why they didn’t think anything of it. This correlation becomes easily seen by allowing the reader to glance deep within the psyche of these two ruthless killers. Works Cited Capote, Truman. In Cold Blood. New York: Random House, 1966. Print. Conniff, Brian. Psychological Accidents: In Cold Blood and Ritual Sacrifice. The Midwest Quarterly: A Journal of Contemporary Thought 35.1 (Autumn 1993): 77-94. Rpt. in Twentieth-Century Literary Criticism. Ed. Thomas J. Schoenberg and Lawrence J. Trudeau. Vol. 164. Detroit: Gale, 2005. Literature Resources from Gale. Web. 8 Nov. 2011.

Friday, September 20, 2019

Nestle International Mergers And Acquisitions Management Essay

Nestle International Mergers And Acquisitions Management Essay Nestle` is one of the largest Nutrition, health and wellness company and committed to provide the best Nutritional food and products around the Globe. Company was founded in 1866 by Henri Nestlà © in VeVey (Switzerland). Nestle is a flat organisation with few levels of management and span of control. Moreover, currently company is operating in 84 different countries with 456 factories. Furthermore, In order to ensure the company long term sustainable growth and better understand of customers needs, Company constantly reviews its product portfolio and focuses on its efforts to conduct research. Consequencely, success of Nestle is a reflection of clear define responsibilities, reflection of professionalism, responsible attitude of management, well defined objective as well as significant global leadership position (www.nestle.com) Nestle Brands: (www.nestle.com) The Nestlà © brand portfolio such as milk and dairy products, nutritions, weight management, performance and healthcare, breakfast cereals, ice cream, coffee and culinary products (prepared dishes, cooking aids, sauces) pet care, bottled water etc. practically cover all food and beverage categories. Many of the brands have leadership with in the local and global market and existed for several years, for instance S.Pellegrino the mineral water from Italy, and Nestlà © Moà §a in Brazil, are over 100 years old. The best-known global brands include Nescafà ©, Nestea, Maggi, Buitoni, Purina and Nestlà © itself. Furthermore other brands for instance Milo, Nespresso, Nesquik, Kit Kat, Smarties, Polo, Friskies, Perrier and Vittel sells in many countries. It is considered that total number of brands including local and international reaches into the several thousands. NESTLE INTERNATIONAL MERGERS AND ACQUISITIONS. Key Dates 1866 Company Founded 1905 Nestle Merger with Anglo-Swiss Condensed Milk Company 1929 Nestle Merger with Peter, Cailler, and Kohler Chocolates Suisses S.A. 1947 Nestle Merger with Alimentana S.A. (Maggi) 1971 Nestle Merge with Merger with Ursina-Franck1974LOrà ©al (equity interest) 1977 Nestle Acquire Alcon (2002: partial IPO) 1985 Nestle Acquire Carnation 1988 Nestle Acquire Buitoni-Perugina 1988 Nestle Acquire Rowntree 1992 Nestle Acquire Perrier 1998 Nestle Acquire San Pellegrino and Spillers Pet foods 2000 Nestle Acquire Power Bar 2001 Nestle Acquire Ralston Purina 2002 Nestle Acquire Schà ¶ller and Chef America 2003 Nestle Acquire of Mà ¶venpick, Powwow and Dreyers 2004 Nestle Acquire Valio (ice cream) 2005 Nestle Acquire Wagner, Protà ©ika, Musashi 2007    Novartis Medical Nutrition, Gerber and Henniez 2009    Vitality Beverage business 2010    Nestle Acquire Kraft Pizza JOINT VENTURES Key Dates 1974 LOrà ©al 1981 Galderma (joint venture with LOrà ©al) 1990 Nestle Joint Venture with General Mills (Cereal Partners world wide) 1991 Nestle Joint Venture with Coca Cola (formerly CCNR) Beverage Partners Worldwide 2002 Nestle Joint Venture with Fonterra (Dairy Partners Americas) Competitiveness (www.nestle.com) Nestle, competitive advantages among the competitors are based on four points, For instance, Nestle product and brand portfolio such as Nestle Group is the manufacturer of billions of different products and operates in thousands of value added brand around the world. Furthermore, Nestle unmatched Geographically presence, for instance Nestle spend approx CHF 35 billions in emerging market in every year which is higher than a average growth and profitability, Moreover, Nestle leading RD capabilities, for Instance Company spend approx CHF 2.0 billions on RD for innovations and renovation to increased awareness in local taste and preference. In addition, company international business strategy such as to respect and follows all applicable local, laws, legislation, religious practices and culture aspect. International Business Strategy Nestlà ©s international business strategies are associated with direct foreign investment in food or other dairy business. For instance, operating in the advanced market, Nestlà © policy is to invest direct with the big companies to achieve the economical scale, or, establish strategic alliance with large companies and sights the new markets for business growth. Moreover in less developed market Nestle grow by processing technology or employ the local brand or acquire the local company. For its significant growth in future, Nestle is actively focused on the Developing and Emerging Market (DE) for instance India and China. It is considered that the populations of DE economies will increase by 3300 million by the end of 2050. The Sales in DE economies market is accounted CHF 35,000 millions in percentage 30% of the total sale which has been increased 15.4% over 2007 and company expects to double in the next ten years Nestlà © Corporate Governance The company governance bodies are Board of Directors (Board) Chairman and Corporate Governance Committee (CCGC) Compensation Committee (CC) Nomination committee (NC) Audit Committee (AC) Chairman of the Board Chief Executives Officer (CEO) Executive Board (EB) Board of Directors (Board) According to the company Article of Associations 2009 Article 14 15, Number of Directors and term of office, The Board of Directors shall consist of at least seven members also board shall be elected for three years by the General Meeting. Furthermore each year board will renew by rotation and will establish new order of rotation in the case of increase or decrease of board of director. The board Members are: Chairman Two Voice Chairmen Chief Executive officer (CEO) Members of the Committee Role of the Board and its Committees According to the company Article of Associations 2009 (NO 16), board is responsible for the selection of chairman and voice Chairmen, and its assignment of responsibilities. Furthermore According to the company Article of Associations 2009 (No17 18), article defines the general power of board such as board can conduct business to the extent that is not within the board regulation or general meeting. Moreover board is responsible for, For instance, Management and supervision of the business The appointment and removal of the chairman and Voice chairmen The appointment and removal of committee members The appointment of CEO and members of Executive board (EU) Preparation of Management report also preparation of General Meetings including agenda and proposal. The company long term Strategy Financial operation Establish or close branch office The Chairman and Corporate Governance Committee (CCGC) This committee consists of Chairmen, Two voice chairmen, Chief executive officer and elected member of the board. Furthermore, committee liaises between board and chairman. The board approved power and duties for (CCGC) and particularly (CCGC) acts as a consoler and solve the management issue between chairman and chief executive officer. The Compensation Committee (CC) The Compensation committee is consists of minimum two non executive members of the board and chief executive officer; furthermore CC recommends compensation policy to the board and also proposes the remuneration system and principals for approvals. The Nomination Committee (NC) The Nomination committee is consists of independent and non executive members of the board preferably not the member of (CCGC) committee, furthermore this committee establish principal to select candidate for board of director also prepare proposal for board decision. The Audit Committee (AC) The Audit committee is consists of minimum two non executive members of the board and voice chairmen who control the committee, furthermore majority of the members are independent and at least one member have financial expertise. Moreover the responsibly of AC is to assists the Board to fulfill its responsibilities with respect to financial and accounting reporting process also overview of risk management as well as internal and external audit process also unrestricted approach to the companys record . Chairman of the Board The chairman is responsible to supervise the board (subject to the power of board) and management of the company governance. Chairman responsibilities are, For instance Leads the Board Overall responsibilities for the development of strategies (together with CEO) Appointment and removal of proposal shareholder and executive management To ensure the alignment of boards strategies and board committee To ensure the proper flow of information In coordination with CEO, Responsible to organise and chair the board meeting Responsible to organise and chair the General Meeting Work close to nomination committee (assessment of board of director nomination) Takes a leading role to design the group corporate governance The Chief executive officer The chief executive officer is considered the supreme executive authority for the company and the Groups (subject to the power reserved to the board) the committee and the chairman, furthermore, CEO has following duties and powers, For instance Organise, manage and monitor the business affairs To approve, acquisitions, participations, investment and divestitures In coordination with chairman, submit proposal to the board for the nomination or dismissal To call and chair the meetings of Executive board Report to chairman The vice Chairmen The board shall appoint two independent directors as vice chairmen, responsibilities of vice chairmen are to work close to the chairmen and discuss industrial, strategic marketing, internal control as well as financial issue. Furthermore, one of them should be have financial expertise to ensure the good internal financial control and second should have industrial experience on the global level Code of Business Conduct The Nestlà © Code of Business Conduct are designed to provide a frame of reference against all possible situations that may occur and helps the continued implementation of the Corporate Business Principles Moreover the purpose of the code is to employees should seek guidance when they are in doubt situation, and avoid all those conduct which may damage Nestle reputation. The main points of code of business conduct, For instance Compliance with laws, rules and regulations Conflicts of Interest Outside directorships and other outside activities Families and Relatives Corporate opportunities Insider trading Antitrust and fair dealing Confidential information Fraud, protection of company assets, accounting Bribery and corruption Gifts, meals, entertainment Discrimination and harassment Failure to comply Reporting illegal or non-compliant conduct STRATEGIC APPROCHES FOR REDUCE POLITICAL, OPERATIONAL AND ADMINISTRATIVE VULNERABILITIES Corporate Business Principles (International) Nestle business objective is to market and manufacture the products such a way to create long term value for business partner, shareholders, consumers, and employees, and also to ensure the highest standard of organisation. Moreover nestle is committed to create the value for all those communities around the world where Nestle market there products. Nestle corporate business principles are based on, for instance, fairness, honesty and sound human values such as, consumer communication principal, human right principal, child labor and environment protection principal, and translated into 40 different languages Therefore, company respect and follows all applicable local, laws and legislation, religious practices and culture aspect. In additions, Nestlà © Management is committed to follow the Business Principles to avoid the administrative and operational Vulnerabilities; therefore management is responsible for, For instance, Manage professional skills, Curiosity and open-mindedness High level of interest in other cultures, Commitment to continuous learning, improving, and sharing knowledge Motivate staff in order to contribute wider group performance Involvement of each employee at all levels (concerned with continuously adding value to company). Consequencely, success of Nestle is a reflection of clear defines responsibilities, reflection of professionalism, responsible attitude of management, well defined objective as well as significant global leadership position. Company Performance (www.nestle.com) 15-Apr-2010 Strong support for Board proposals at Nestlà © AGM Mar-2010 Nestlà © Bets on Mexican Coffee 02-Mar-2010 Nestlà © completes acquisition of Kraft Foods frozen pizza business 05-Jan-2010 Nestlà © to acquire Kraft Foods frozen pizza business 05-Jan-2010 Nestlà © opens global RD Centre 04-Jan-2010 Nestlà © to sell remaining Alcon shares to Novartis. Annual General Meeting On 15-April-2010 The Nestle Annual General Meeting was held in VeVey (Switzerland), the main points of the meeting for instance, the meeting has approved the annual reports and re-elected the Peter Brabeck-Letmathe (chairman), for three year, also other board member such as Steven G. Hoch (Founder and senior partner) and Andrà © Kudelski (Chairman and CEO Kudelski group) and two new board members, Ms Titia de Lange and Mr. Jean-Pierre Roth selected for three years. Furthermore 2,640 shareholders have approved the proposal for increase the dividend to CHF 1.60 per share. Moreover chairman has point out the issue regarding deforestation of rainforest to shareholders and explained Nestle is working towards to the end of deforestation of rainforest. Acquisition of Kraft Foods frozen pizza business On 05-January 2010 Nestle has showed the interest to acquire the Kraft food frozen business in the USA and Canadian market with including brands are such as California Pizza, DiGiorno, Tombstone, Jacks and Delissio for USD 3.7 billion in cash. Furthermore it is considered that USA is the largest pizza market in the world and it generate about USD 37 billion, therefore Paul Bulcke, CEO of Nestlà © said, This acquisition will bring the selection of great US and Canadian brands and also it will enhances Nestlà ©s frozen food activities in North America where Nestlà © only had a minor presence until now. In addition, this acquisition will provide a strong strategic pillar in the US and Canadian Market where company already established a leadership in dishes and hand held products, such as Lean Cuisine, Buitoni, Lean Pockets, Stouffers and Hot Pockets. Consequently, on 01 March 2010 after completion of closing conditions Nestlà © has concluded the acquisition of Kraft Foods frozen pizza. Nestlà © Bets on Mexican Coffee Nestlà © has announced the plans to invest US$ 390 million in Mexican production and infrastructure facilities. The investment will be directed Nescafe instant coffee processing plant to expand the capacity by 40%, which will make it the worlds largest coffee processing plant. Due to the low production cost and vast network of trade, Nestle is planning to build Mexico as a regional export hub in the American zone. Nestlà © opens global RD Centre On 05-Jan-2010 Nestlà © has open a Global RD center in Santiago de Chile. The New RD Center will include the bioactive ingredients to reduce the sugar and fat level in the biscuits without compromising the biscuit quality. Sell of remaining Alcon shares to Novartis On 04 Jan 2010 Nestlà © S.A. has transferred the Alcon remaining 156,076,263 shares representing around 52% of the companys issued and outstanding share to Novartis, accordance with the contract agreed on 6 April 2008. Moreover, the reason for transfer the control are gradually based on three issues for instance, The divestment of Alcon, The initial IPO of 23.25% in 2002 The sale of 24.8% in 2008 And the exercise of the call option by Novartis. Alcon was acquired by Nestlà © in 1977 for USD 280 million Nestle share buy back Programme. Nestle boards of Directors Continues to believe that significant share buy back Programme should help to drive the performance of food and beverage business and enhance the shareholder value, Therefore Nestle Board has announced share buy back Programme on 15 August 2007 for over the next three year subject to market conditions. The objective of this Programme was to improve capital efficiency and future prospects of food and beverage business. The Programme has been divided into two steps such as one of CHF 15 billion and one of CHF 10 billion. Furthermore, due to acquisition of Novartis medical nutrition and Gerber, which has created a critical Mass in Nutrition sales approx CHF 10 Billion? On the contrary the total value of repurchased share from August 2007 to December 2009 is CHF20.1 As a consequence, in 2009 the group has brought back CHF 7 billion which is equal worth of its own shares and the remaining CHF 5 billion in share will be brought back in the course of 2010. After completation of this Programme further group will launch a new CHF 10 billon share back Programme with intent to buy additional CHF 5 billion share before the end of the year. NOTABLE FACTS The worlds largest food and beverage company has been internationally criticized for purchasing and using the palm oil, water bottling issue in USA, child labor problems in cocoa-growing nations and its aggressive marketing of baby food product all over the world. Greenpeace Campaign. (www.greenpeace.org.uk) Greenpeace organisation has started a campaign against Nestle over its purchase of palm oil by an Indonesian company called Sinar Mas.  Greenpeace claims that Sinar Mas getting the palm oil by destroying the rainforest and use in it for candy bars and other products. Considerably, rainforests contributes about 20% of greenhouses gases also support transport sector. Therefore, deforestation of rainforests and the excessive use of bio-fuels are serious environmental issues on the global level. Bottle Water issue (Steel, Emily. 2010, Journal) Nestle is a top water bottling company and selling water under 70 different brands name in the world. Nestle controlled one third bottled water market in America. However, Oregon Department of Fish and Wildlife (ODFW) and coalition of many others environmental and social justice organizations has launched a campaign against Nestle in North America to prevent the new bottle water facility in Cascade Locks Oregon. The reason for this campaign is bottled water facility would lead to the commodification of Oregons and it contributes to the plastic waste problem also it is the waste of prime resources and potential way to destroy the local wildlife. Baby Milk Scandal (www.babymilkaction.org) Nestle has been targeted and criticized by the International baby food action network (IBFAN) for the violation of international code of marketing of breast milk substitutes and also aggressive baby food marketing strategies for selling artificial infant feeding which has the cause of unnecessary death of children. SWOT ANALYSIS (2010. DATAMONITOR) Nestle is the world largest company by sales and strong brand portfolio with manufacturing and marketing the branded food product around the world. Strengths -Strong brand name According to the Inter brand management company, Nestlà © is one of the best-known companies in the world and ranked 63rd best global brands in 2008 and its top 30 brands earn over CHF 1,000 million which is 70% of its sales. Furthermore, For instance Customise products to the local market conditions Strong global operations RD Capabilities Weaknesses -Increasing product recalls history In November 2008, Nestlà © USA recalled the product called Nesquik Strawberry Powder, due to the fearing of small fragments of aluminum. Furthermore, Nestlà © Prepared Foods Co has recalled 900,000 pounds worth of meals the Lean Cuisine brand frozen chicken due to small chunks of blue plastic. Moreover in September 2008, in Hong Kong Company recalled UHT milk due to contain melamine chemical. Opportunities The Nestle is utilising the RD capabilities to achieve the competitiveness in the health and wellness market. For instance, Nestlà © is focusing on nutrition combining taste to reduce the fatty acids, salt and sugar and increase the micro nutrients such as minerals and vitamin for consumer better health and to ensure for the profitable growth. Furthermore, Nestle is working on, Scientific innovations to address obesity and diabetes On developing economies Focus on external Market Currently company generate 50% of food and beverage in North America, India, China, Russia, Brazil and company is expected double of the sale in next ten years. Threats -Issues The company has been internationally criticized for issues and fines for instance Purchase and use of palm oil Water bottling issue in USA, Child labor problems (in cocoa-growing nations) Aggressive marketing of baby food product all over the world -Fines In February 2009 Nestle and Coca Cola Company has been fine in US$ 650,000 against Enviga-Brand green tea beverage products. In February 2010 Nestle has been fine E30 million by Greeces competition watchdog for abusing against its dominant position in the coffee market. -Political and Economical Factor Nestle company is operating in 84 countries in the world with having entire different cultural, political and economical back ground. The concerning issues regarding these countries are, the political stability, the infra structure, the local regulation, the foreign trade which might be potentially affect on Nestle ability to do business with in these countries. Nestle Group sales, profitability and financial position (http://www.nestle.com) Nestlà © Groups sale in 2009 was in at CHF 107.6 billion, with organic growth of 4.1%. Operating profit was in at CHF15.7 billion, and net profit was CHF10.43 billion with organic growth of 4.1 percent. Underlying earnings per share rose from CHF 2.82 to CHF 3.09, which is equal to 9.6% , Food and Beverages sales was in CHF 99.8 billion, with organic growth of 3.9%,, Marketing and administrative expenses rose 33.7% of total sales. Nestle Expand RD capabilities in 10 basis points in developing countries. Reported EBIT margin was 30 basis or 14.6%, with an EBIT of CHF 15.7 billion. The Groups operating cash flow reached by 10.7billion or 67 %, the groups return on invested capital (ROIC) increased 15.6% (including goodwill) and 35.1% (excluding goodwill) and net debt reached CHF 18.1 billion. In 2009 consolidated In millions of CHF As % of Total Sale Sale 107,618 Net profit (b) 10,428 9.7% Operating cash flow 17,934 Capital Expenditure 4,641 4.3% Market capitalisation 174,294 Net Debit 18,085 EBIT (A) Group 15,699 14.6% Free cash flow (c) 12,369 EBIT (a) Food Beverage 13,083 13.1% Equity attributable to shareholders of the parent 48,915 Ratio of the debt to equity (gearing) 37.0% Over all cost of goods sold decreased by 110 basis points Distribution costs fell by 40 basis points Marketing and expenses rose by 110 basis points (equal 33.7% of total sale) Zone Americas: Total Sales was CHF 23.4 billion, with 6.4% organic growth and 2.3% real internal growth. In North America, internal growth accelerated in the, ice cream, pet care, soluble coffee and chocolate in the and slow down in frozen food, Moreover Brazil build the positive momentum and mainly to growth in dairy category also rest of the region has showed the positive improvement in the third quarter. Zone Europe: Total Sales was CHF 16.5 billion, with 0% organic and -1.5% real internal growth, France, Switzerland, Germany, Italy and the Iberian region has rise internal growth. The Great Britain region delivered the strong performance, Eastern Europe presented a weaker real internal growth in Czech and Slovak Republics and Russia, positive in e Poland and the Ukraine Zone Africa, Asia and Oceania: Total Sales was CHF 11.7 billion with 3.0 real internal growth and 5.8% organic growth the organic growth was unchanged in Oceania and Japan and the rest of all emerging regions were improved in volumes, although real internal growth in Oceania and Japan was unchanged. Furthermore, China, Philippines, South Asia and Africa has shows the strong real internal growth. Appendices Appendix No 1: Appendix 3 Sale forecast Sale and EBIT Margin by operating segments Sales and EBIT Margin by Products.