Wednesday, July 31, 2019

Wall switches and light fixtures in a building

The wall switches come in various shapes and designs, but they generally consist of a metal conducting plate and Insulating plates to cover It. wall switches are constructed of metal faceplates that is to be made out of ferrous metals not less than 0. 76 mm in thickness or non ferrous metals not less than 1. 2 mm In thickness, and the insulating tace plates are made out ot an insulating non combustible material not less than 2. 54 mm in thickness (NFPA 2011 The light fixtures of the place usually etermines the location of the switch to help get the most efficient lighting for the place. For residential places, all the rooms light fixtures must be on a 15-amp circuit. A wall switch has to be placed near every room entry door and a receptacle has to be found every 12 feet to help operate non permanent light fixtures that cannot be operated by a switch.Closets shall have one globe covered fixture operated by a wall switch. Bathrooms require special moisture resistant light fixtures due to its damp environment also the fixtures should be covered with lenses or globes and one 20- mp circuit for bathroom outlets only (thiele, 2010). In the presence of a laundry room, the washer and dryer should have their individual 20 circuit and in case of electric dryer an Independent 240-volt circuit shall be used.The kitchen Is commonly the place with the highest number of appliances all over the home. thus it requires Its own 15-amp circuit for the lighting. Stairways needs proper lighting fixtures, a switch, mostly three-way switch, Is to be placed at the top and bottom of the stair and at every turn if necessary Hallways requires three-way switches at the two ends of the ay and four-way switches near every door throughout the hallway, hallways over 10 feet long requires a mlnlmum ot one outlet for general purposes (NFPA, 2011).Basements and garages is recommended to have three-way switches between doors and a minimum of 1 outlet is required. Outdoor lighting fixtures of a bui lding have to be protected trom weather tactors and any other exterior tactors by sealing the wires and having underground cables. Outdoor lighting shall has to be highly effcient and controlled by a switch In addition to a sensor to turn off the lights during daytime for energy saving purposes

Tuesday, July 30, 2019

Classroom Observation and Reflection Paper Essay

Curriculum Constr. and Assessment: Reading and Language Arts, I had the opportunity to not only observe but teach a lesson that I created for Mrs. Watson’s Class at Little Rascals Daycare and Afterschool Program. Throughout this paper I will reflect on my lesson plan experience. First, I introduced the concept of letter blends to the students. I explained to the students that letter blends can be at the beginning, middle, or end of a word to make specific sounds. I then explained to the students that I was going to be teaching them beginning letter blends. I went n to explain to the students that since there were several beginning letter blends that I chose five to teach about In the lesson. The blends that I chose were dr, n, bl, gl, and Ch. I went over each beginning letter blend, demonstrated the sound each make and provided several examples for each letter blend for the students. Next, I gave the students an opportunity to participate In the lesson. I held up picture flashcards that had different objects on them. The students had to raise their hands and tell me what the object was and the letter blend for that object. I repeated this process until ach student in the class had a chance to participate. Once we finished, I answered any questions or concerns the student had. I noticed that the students were actively engaged in the lesson and seemed to have really enjoyed. Most of all they seemed to have understood the lesson with ease. Lastly, the students were given a cut and paste blending worksheet to complete. The worksheet had 1 5 different picture objects and letter blends on it. The students had to color (if they wanted to), cut, and paste the correct picture to its letter blend. Once the students finished the worksheet we went over it as a class. Again, I answered any last questions or concerns and wrapped up the lesson. In conclusion, this was my very first time teaching a lesson. I have done several lesson plans before but never had to actually teach them. I believe the lesson went pretty good. The teacher and the students were both very welcoming and provided positive feedback. Although the lesson went well, the one thing I would change if I had to do it all over again would be to pick two or three blends at a time to teach instead of all five. Sometimes when a lot of information is thrown at the students it makes it harder to understand.

Monday, July 29, 2019

Training Plan ( Training & Devolpment) Assignment

Training Plan ( Training & Devolpment) - Assignment Example Workshop and exercises (Day 2). Workshop served as the summative learning wherein participants were asked at the end of the module to identify gaps in their time management and how to improve them through effective time management. In this exercise, participant’s ability to manage their time effectively using the methods taught was gauged. The exercises will help the administrators of the training to identify training gap. This is beneficial for the training session because it will help ensure that the training objectives will be imbued among the participants. These objectives include a grasp of time management and the ability to manage and control their time and activities properly. Flipchart and power point presentation. For the participants have a visual idea of how to effectively manage their time using the various time management techniques such as time matrix, prioritizing, and goal setting, a power point presentation were used during the lecture and discussion to aid and facilitate understanding about SMART (Specific, Measurable, Achievable, Realistic and Time Bound) goal setting and other methods. This will aid the formative learning process Participant’s grasp of the training were measured in terms of their ability to construct their own Time Matrix, SMART Plans, Order of Priorities and ability to identify the important from non-important activities. The long-term benefit of the training plan may not be immediately felt by the students and administrators of the training. It is expected however that students must be able to have a greater efficacy and efficiency in their activities that will result to higher productivity and better performance in all aspect of lives due to the lessons learned in time management. Ultimately, it is also envisaged that with the ability to control time and manage activities, students will have a more fruitful and successful lives both in

Sunday, July 28, 2019

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

Subculture - Research Paper Example Further, Latinos have considerably different histories, cultural approaches and contemporary social problems (Suarez-Orozco & Paez 5). They form a major subculture in the United States, with characteristics that distinguish them from mainstream culture. Thesis Statement: The purpose of this paper is to investigate the distinctive components of the Latino Subculture. Whether the group sees themselves as a distinct subculture and how they are viewed by the mainstream culture will also be examined. Description of the Latino Subculture The main reason for the presence of various subcultures in the United States is immigration from other countries and environments. â€Å"Latinos are not a simple racial or ethnic group, but they are the product of a distinctive civil society† (Hayes-Bautista 5). Latinos are generally described by governmental policy models as: a racial group, a language group, a group with strong affilitation to their traditional culture, a dysfunctional minority gr oup, or an urban underclass. However, the core element of Latinos is the continued presence of a Latino civil society, which provides Latino children with their initial experiences in the social world, teaches them right and wrong, duty, early concepts of civic responsibility, and first notions of personal identity. There is a great heterogeneity among the different groups of Latinos, their experiences depending on various factors such as â€Å"race, color, gender, socio-economic status, language, immigrant status, and mode of incorporation into the United States† (Suarez-Orozco & Paez 4). The social practices and cultural models of multiculturalism contribute to the experiences, perceptions and the range of behaviors of both immigrant and native-born Latinos in ways unprecedented during earlier large-scale immigration. The racial and ethnic categorization of Latinos has high stakes political and economic implications such as civil rights, equal opportunities, and affirmative action. Mainland Puerto Ricans and immigrant Dominicans indicate a high level of transnationalism, evident in the economic, political and cultural strategies adopted by diasporic people. They lead double lives with double loyalties, living alternately between their island and the mainland; remitting large sums of money to their homeland, continue to participate in political processes there, and periodically visit their homeland to maintain their social and cultural ties. Transnational behavior, and alternately moving between the mainland and Mexico has been practised by Mexicans also based on the completion of seasonal work (Suarez-Orozco & Paez 332). Components of the Latino Subculture Symbols In the United States Hispanic popular Catholicism, the hope of resurrection or liberation cannot remove the sufferings of the past and the present. It has to emerge from the living memories and symbols of those sufferings: â€Å"the tears, the blood, the scars, the crucified Jesus† (I sasi-Diaz & Segovia 280). Thus, the second major symbol of Catholicism is a symbol of celebration, of the hope that continues amidst suffering, the symbol of Mary. Latinos identify Mary with the symbol of the crucified Jesus, and crucification is considered as the root of resurrection not only of Jesus but of all people. Latino symbolism is resilient, and is evident in their determination

Saturday, July 27, 2019

Www.cdc.gov Research Paper Example | Topics and Well Written Essays - 1000 words

Www.cdc.gov - Research Paper Example At the main page you can find the news of the organization and several links with bright pictures which would transfer you to some interesting articles on the topic of health and its protection. A little bit lower on the page you can see rubrics in which people can find some information about some brand new viruses and bugs and the places where they are prevailing nowadays. The content of the main page and its disposing are very important, because people’s interest depends on them, and the website’s content was made perfectly and definitely makes you interested in it. Maybe the point is that anyway people are concerned about their health and usually information about its protection is interesting and informative that’s why the website is catching. The links which would bring you further into the website’s content are situated on the top of the main page and their names cover the most fundamental points a viewer would be interested in when he enters the sit e to get to know something about health and disease prevention. This leads us to the point that the main page was arranged brightly and catching to get people’s interest in what they can find on the website next, after a fast view of the main page. It is very important to make the following note about the content arrangement: there is no information which would be perceived as unnecessary or out of the topic. The names of the website’s items are clear and describe the specific aspects of the topic that might be interesting for visitors. The website’s visuals are pretty simple and understandable. You can see the organization’s logo on the top of every single page you open, so you never forget which site you’re visiting. The main points of every page are written shortly in bullet-points way, so you can just click on the item that is interesting for you to see more about it. Also, the website creators have succeeded in

Design Assignment Example | Topics and Well Written Essays - 500 words - 1

Design - Assignment Example It will be a two-day program whereby the lessons will run from 8:00am to 3:00pm daily. It will be a two-day program whereby the lessons will run from 8:00am to 3:00pm daily. For these two days, the above stated units will be taught. On day one, 8:00 to 8:30am will be for exchanging introductions. Course documents will run from 8:30 to 9:00am. Choices for creating a questionnaire or survey form and creating a document will run from 9:00 to 10:00am. Review of Adobe Acrobat and creating a sample form, on the other hand, will run from 10:10 to 12:00 after the 10 minutes break. The first day will end at 3:00pm after examining the achievements and failures of the day. The parties involved will also review and repeat crucial steps in order to remember the process. This will take place from 1:00 to 3:00pm. My goal is to assist student create an Interactive PDF. They should be able to review different software programs, use adobe acrobat professional software and review minor technical errors when utilizing adobe acrobat (Sypowicz, 2010). My testing strategies will be how students determine adequate software, how efficient they are when using Adobe Acrobat and noting errors to the system among others. The whole process will cost the institution roughly $1500. This is taking into consideration the salaries, supplies, equipment, food, printing and travelling fee. Salaries might amount up to $625. Supplies and equipment, on the other hand, would amount to $250. The rest would be used in food supplies, printing of material, as well as travelling. However, the benefits of this course surpass the high cost of the course. After training is complete, participants will be happy about their fresh skill and knowledge concerning Adobe Acrobat Software. Knowing participants are no longer reliant on other members of an organization, or colleagues to make

Friday, July 26, 2019

Indigenous Australians Essay Example | Topics and Well Written Essays - 500 words

Indigenous Australians - Essay Example The constitution grants the rights to all citizens and it is designed to ensure that that equality and equity prevail among all citizens regardless of race disparities. However, it has been realised that the indigenous Australians have been sidelined in the country’s constitution on the basis of racial bias. As such, it has been realized that there is need to achieve full inclusion of Aboriginal and Torres Strait Islander peoples in the Constitution. This can be done through removing the notions of racial bias towards the indigenous people while at the same time recognising their heritage, culture as well as language. On the other hand, it can be noted that Langton (2008) states that people are still disillusioned by the widely held perceptions they have about the aborigines who are often viewed as backward and primitive. In many people’s minds, the indigenous Australians are not equal to other people as a result of their backwardness. Constitutionally, the indigenous people have often been viewed as second class citizens while they are the original people in Australia. This view is also supported by Behrendt (2010) who argues that the constitutional gap between haves and have notes (Indigenous people) is wide hence concerted measures should be taken in order to bridge it. This is mainly as a result of inequality that was created when the Australian constitution was adopted. Poverty is high in reservations which are often home to indigenous people since they are structured in such a way that discourages investment. As noted by Kristof (2012), the level of poverty in reservations like the sprawling Pine Ridge Indian Reservation is high and this can be attributed to factors such as lack of education and alcohol abuse and dysfunctional families. This situation is also resembles the case of indigenous Australians, the aborigines who for a long period of time have been

Thursday, July 25, 2019

Child Labor in Lebanon Essay Example | Topics and Well Written Essays - 2000 words

Child Labor in Lebanon - Essay Example However, there is a major issue with setting the legal age. In some jurisdiction, persons under the age of 13 cannot be employed although, in some jurisdictions, persons under 18 cannot be fully employed (Taylor, 2009). Thus, there are a lot of variations and limitations that exist for the employment of people between 13 and 18.In 1802, the Robert Peel Factories Act was passed in Great Britain and this set the stage for an attempt to abolish child labor on the global scale (Basu & Tzannatos,2003). This effort, which originates from Britain was spread first to other parts of Europe and then to the various colonies and overseas dependencies of Britain and other European powers. However, the various social, economic and historical events in nations around the world affected the evolution and spread of the process of abolishing the process of child labor around the world.Currently, the United Nations and its humanitarian wing, International Labour Organizations (ILO) and UNICEF champion the supervision and implementation of child-labour laws around the world.However, Basu and Tzannatos report that in 2002 when the Robert Peel Factories Act was celebrating its 200th birthday, there were 186 million child laborers in the world. This clearly shows that although the efforts of the international community attempt to cause the extinction of the practice, there are several nations and communities around the world, particularly in the developing world who are not abiding by these rules and regulations.

Wednesday, July 24, 2019

Why did you choose Management as your course in college Essay

Why did you choose Management as your course in college - Essay Example This interest because well, I would like to be a boss someday! Who would not want to be a boss anyway? I believe I can be a boss because I know I have a good leadership skill which is required to become a boss. But of course I have to learn the science as well which the course Management will provide. The article succinctly explained what the Management course is all about. That it is â€Å"the coordination of human, material, and financial resources to accomplish organizational goals.† A major in business administration/management will provide that goal†. It was impressed to me that a Management major is about leadership and providing direction which I am really good at. Managers coordinate the resources of an organization from its human resource to its materials to achieve a certain objective of which I am very keen on doing in the future. I also checked on the skill sets required and I particularly liked Management because it encourages one to be a generalist than to be a specialist in order to be effective. It meant, knowing a little of something about a lot of things. The course, as the article explained, is a â€Å"thorough grounding in the theories and principles of accounting, finance, marketing, economics, statistics, human resources functions, and decision-making. You’ll come away a whiz on how to budget, organize, plan, hire, direct, control, and otherwise manage various organizations†.   I am very comfortable with this because it allows me to see the bigger picture of an organization and understand the various functions and relationships of various functions on how it relates to the objective of an organization. Being a generalist, Management majors I believe are easily employable. It is because their knowledge and skill sets are applicable to a lot of areas in an organization. The course involves understanding finance, human resources, leadership and including systems which I could easily fit in when I will be joining a n organization. This adaptability or easy employability is important especially today when jobs are getting rarer. This is course will give me an edge of being easily employed after I graduate college. In addition, Management course is also a good preparation to become a boss in an organization or even run my own business someday. It is because the training and education involved the various aspects of a company which is very applicable in real business. It is unlike other courses that we study which disinterests me because I do not find its use in the real world. The course Management is grounded on business reality and I am sure it will interest me when I am taking the course. The course will also teach me how to become smart in making and handling money which I believe is very important today. It is not enough just to have a job or business but it is also equally important to know how to handle one’s money and finances. I believe this practical skill and knowledge is part of the course Management which would teach me not only how to budget my money but also on how to reinvest them to make more money. Also, the need for Management is everywhere not only in the office or business setting. It can be used in daily life such as planning an event or a project. For example, Management can also be used in organizing parties. I believe there is one aspect in Management called Project Management which teaches students how to organize events and projects and this is very helpful not only in the work setting. The course will not only educate me on how to do a certain job in the

Tuesday, July 23, 2019

Adolescence as Depicted in Clueless Case Study Example | Topics and Well Written Essays - 1000 words

Adolescence as Depicted in Clueless - Case Study Example Puberty denotes two main types of physical development which mark the transition towards young adulthood. The first physical development involves a dramatic increase in weight and height, muscle content, and body fat. The second physical development involves a change in reproductive organs and the presence of secondary sexual characteristics such as body and facial hair, and growth of breast. Cher Horowitz manifests medium-sized breast and wide hips, which are proportional to her slender physique. Her facial features also present adult proportions as she exhibits enlarge lips, prominent jaw, and protruding forehead. Kyle (2007) stresses that it illustrates physical changes experience by adolescents aged 14 to 16 years. Kyle further reiterated that female adolescents aged 14 to 16 years-old reached peak weight and heights manifest an increase in muscle mass, hip breadth, chest, and shoulder. Cher Horowitz exhibits on-time physical developments.  Puberty denotes two main types of phy sical development which mark the transition towards young adulthood. The first physical development involves the dramatic increase in weight and height, muscle content, and body fat. The second physical development involves a change in reproductive organs and the presence of secondary sexual characteristics such as body and facial hair, and growth of breast. Cher Horowitz manifests medium-sized breast and wide hips, which are proportional to her slender physique. Her facial features also present adult proportions as she exhibits enlarge lips, prominent jaw, and protruding forehead. Kyle (2007) stresses that it illustrates physical changes experience by adolescents aged 14 to 16 years. Kyle further reiterated that female adolescents aged 14 to 16 years-old reached peak weight and heights manifest an increase in muscle mass, hip breadth, chest, and shoulder. Cher Horowitz exhibits on-time physical developments.   Adolescents continue to develop their fine and gross motor skills. The former pertains to movements that require dexterity and precision, while the latter refers to movements of major parts of the body or the whole body. Cher Horowitz’s abilities to dance and drive the manifest increase in gross motor skills. Meanwhile, her ability to use the cellular phone, write legibly and manipulate objects represents an improvement of fine motor skills. Cher Horowitz can be classified into the preoperational stage of Piaget’s cognitive developmental theory. Maturation serves as a driving force for the individual’s development. The preoperational stage involves the application of logical principles acquired in the concrete operational stage into abstract and hypothetical situations. Cher sought to lead a meaningful life throughout the film. She chose to concentrate on doing good deeds instead of focusing merely on her popularity. The last part of the film exhibited how she volunteered in the relief efforts of the school to live a meaningful li fe.  

Monday, July 22, 2019

Approaches in Lifelong Learning Essay Example for Free

Approaches in Lifelong Learning Essay The need of the learners was identified as having to have investigators who could adopt a methodical approach, which is essential whilst carrying out equipment failure investigations. This was used as my session aim: ‘This learning session will teach you a methodical approach of investigating equipment failure’. When identifying the need for training I first assessed what the learners would have to have learnt by the end of the learning session. This was identified as the need to know what equipment would be used and how to carryout an investigation in easily managed phases. I then used this as my objective: By the end of this lesson you will have been introduced to the contents of the investigator pack and be able to identify the 3 phases of an equipment failure investigation’. (1. 2) The learners were identified as personnel with some previous learning within the subject matter. The instructional, rather than practical approach to delivering the session was selected as the subject matter was mainly theoretical (the session would later be followed by a practical session). The primary method of delivery would be verbal, given by the teacher.

General relativity Essay Example for Free

General relativity Essay For many years time travel was the stuff of science fiction. This was all just part of the worlds imagination until recently. Scientists now believe that the current laws of physics allow us to travel though time. They believe that we can now travel back to see our founding fathers sign the declaration of independence. We could travel to 2999 to witness the birth of the next new millennium. Such travel would require a machine capable of withstanding great pressures and incredible amounts of speed. The act of actually traveling though time is for the most part, agreed upon, but the implications of such travel is not so decided upon. Many different theorists have different views of what could happen and some go, as far as to say that if we did travel to the past, we would end up in a different universe that is a replica of this one. One of the most basic concepts is that of Dilation, a stretching of something. Some scientists believe that the main gateway to the past or future is a wormhole. Einsteins general relativity theory explains about universal constants, this is important to understand the concepts of travel at light speed. Traveling to the past could create problems if someone tried to change something. This is a paradox. A few of these paradoxes are explained through the use of quantum mechanics. Sailing though the cosmos at the speed of light with no time passing us by, moving throughout time to witness the ancient Egyptians create their masterpieces. This is an exciting concept that we could actually formulate and make happen. Before the time of Einstein, Newton and other great investigators thought of space as an infinite expanse in which all things exist (Hewitt 213). We are in space and we live in it along with all of the planets and stars. It was never clear if the universe exists in space or space exists in the universe. Dose space exists outside the universe or only within the bounds of it. The similar question, does the universe exist only in time or does time only exist in the universe? Was there time before the universe, and will there be time after it ceases to exist? Einsteins answer to this is that time and space only exist within the universe. There is no time or space ? outside. (Hewitt 213) Einstein said that space and time are two separate parts of a whole called space-time (Hewitt 213). To understand this, consider our present knowledge. We move though time at the rate of 24 hours per day. This is only half the story though. To get the other half we have to convert our thinking from moving though time to moving though space-time (Hewitt 213). When we move, we not only move through space, we move though time. This is the idea of space-time. If a person were to stand still, they would be moving only though time. If they moved a little bit, they would be moving though space a little bit, but still mostly though time. If one were to travel at the speed of light, what changes would they experience in time? The answer is simple; they would be traveling through space, with no travel though time (Hewitt 214). They would be as ageless as light, for light travels though space only (not time) and is timeless. The frame of reference of a photon, a particle of light, a trip across the universe would take no time at all (Hewitt 214). To understand how traveling though time would work, we must first understand how time and space can be stretched. Motion in space affects motion in time. Whenever we move through space, we to some degree alter our rate of motion in time. This is known as time dilation, a stretching of time that occurs ever so slightly for everyday speeds, but significantly for speeds approaching the speed of light. If we were to attempt to travel to the nearest star, Alpha Centauri, which is 4 light years away, even traveling at the speed of light would take 8 years round trip (Hewitt 228). The center of our galaxies is something like 30000 light years away and at the speed of light would take 30000 years to get there. We could not possibly survive that long. These arguments fail to take in to account of time dilation though. Time for a stationary observer on earth and for an astronaut on a spaceship of high velocity is different. A persons heart beats to the rhythm of the realm it is in. One realm of time seems the same as any other to the person in the realms, but not to an observer outside that realm that can see the difference. As an example, astronauts traveling at 99% the speed of light could make a trip to the star Procyon that is 11. 4 light-years away in 23 earth years round trip (Hewitt 229). Because of time dilation, it would seem that only 3 years passed for the astronauts, there clocks would be 3 years older; they would be biologically only 3 years older (Hewitt 229). It would be the mission control people that would appear to be 23 years older. The question is why dose this happen. Lets say that we are in our hometown, looking at the grandfather clock that is in the center of town. The clock reads 12:00 noon. Light from the sun bounces off the face of the clock and hits our eyes. We then turn our head and the light misses us and travels off into space. In space, there is a space ship that is traveling at the speed of light. An astronaut looks out his passenger-side window and sees the reflection of the clock. It reads 12:00 noon. As he continues to move at the speed of light, he keeps up with the reflected face of the clock. In the space ship time would pass as normal, but time in the universe would have seemed to stop. This might sound like cosmic bologna but the idea has been proven. In 1975 Professor Carl Tllie of the University of Maryland tested this theory using two synchronized atomic clocks (Brian par2). One clock was placed on a plain and flown for several hours while he other clock stayed on the ground. Upon landing, the clock on the plain was a little slower than the one on the ground. This was not due to experimental error, for the same test was done several times and each time yielded the same results. Because of time dilation travel in to the distance future is a definite possibility. The only problem lies in propelling a craft to such speed at which light travels. Carl Sagan wrote a science fiction novel about a fictional device that allowed his character to travel great distances across the universe. Those faster than light speeds are not achievable; he also knew there was a common convention in science fiction that would allow a gimmick of a shortcut through ? Hyper space as a means around this problem( par2 ) . Sagen turned to Kip Thorne for help for hyperspace connections through space-time( par2). A black hole always has two ends, a property ignored by everyone except a few mathematicians until the mid-1980s. Thorne was sufficiently intrigued to set two of his Ph. D. students, Michael Morris and Ulvi Yurtsever, the task of working out some of the details of the physical behavior of what the relativists know aswormholes. By starting out from the mathematical end of the problem, they constructed a space-time geometry that matched Sagans requirement of a wormhole that could be physical traversed by human beings. Sagan was right; hyperspace connections do at least in theory provide a means to travel to far distant regions of the universe without spending thousands of years putting around in an ordinary spacecraft. Since the 30s scientists have speculated that wormholes exist. Einsteins theory combines 3 dimensional space with time to create a 4 dimensional space (Brian par3). Wormholes are gateways between two different parts of the universe made by linking two black holes. Wormholes are in the fabric of 4 dimensional space that are connected, but which originate at different points in space and different times. By connecting the two holes they provide a quick path between two different locations in space and time. Distortions in space cause the point separated by the gap to bulge out and connect. This forms a wormhole through, which something could instantaneously travel to a far away place and time. This is basically the 4dinensial equivalent of a folded sheet of paper, to make contact from one edge of the paper to the other. One could build a craft strong enough to withstand the intense force of the gravity towards the center, and pass right through like opening a door of a house and stepping outside, except the space travelers outside could be light-years away and centuries before the current time. If the traveler enters one side he would exit in the opposite side in a different place and time. The difficulty of doing this is in keeping the hole open till the travel gets through otherwise it would collapse and the traveler would not be seen again. The trip is not impossible just extremely difficult. It is believed to be possible to create our own wormhole. To actually make one, two identical machines consisting of 2 parallel metal plates charged with unbelievable amounts of energy would need to be constructed. When the machines are placed in close proximity of each other the enormous amounts of energy, about that of an exploding star, would rip a hole in the space-time continuum and connect the two machines via a wormhole. This is possible and the beginnings of it have been illustrated in the lab by what is known as the Casimir effect. The next step would be to put one of these machines on a space ship and send it off at near light speed. The ship would take the machine on a journey while being connected to the other on earth via the wormhole. A step in the hole would take us to where the other machine is, but that would be in a different time. Its use would be somewhat limited because we could not travel to a time before the machine was created. However if we were to utilize wormhole technologic we would have to be so advanced that we could master the energy within blockhouse. Space-time consists of portraits or events that represent a particular place at a particular time. Your life forms sort of a worm in space-time. The tip of the tail is your birth and the head is your death. And everything that is the body is your life, otherwise called your world line. In three-dimensional space, a rocket that is not accelerating is stationary, but in four-dimensional space the ship is moving along is world line. Einsteins law states simply that the world line of every object is a geodesic in the continuum. A geodesic is the shortest distance between two points but in curved space is not generally a straight line. If an objects world line were to be distorted, so much of form a loop connected with a part on itself that represented an earlier place in time it would create a corridor to the past. Picture a loop to loop that runs into it as it comes around. This closed loop is called a closed time like curve. These curves could be used to travel into our own history. All the clams made about time travel are consequences of the basic scientific laws and standard Quantum Mechanics. Wormholes and closed time like curves appear to be the main way to travel to the past. The aforementioned theories do fine in expelling how to we would go about traveling through time, but they do little to explain what it would be like traveling through them. Quantum mechanics can be used to model possible scenarios and yields the probability of each possible output. In the context of time travel, it has a so-called many universe interpretation. First pursed by Huge Evertt III in 1957. This means that if something can physically happen it does in some universe. Everett says that our reality is only one of the many equally valid universes. There is a collection of these universes called a multiverse. Every multiverse has copies of every person, structure and atom. For every possible event every possible outcome is said to be played out in a different universe. This interpretation of Quantum Mechanics is quite controversial, but it does suggest that it may be impossible to travel backward in it to our own dimension, but quite possible to travel back in time to an alternate dimension. Such an idea of linking parallel universes has been suggested in science fiction novels and in some television shoes such as Sliders. In the television series Sliders, a sliding machine creates a wormhole that links 2 parallel dimensions. Each week a group of these sliders jump into the wormhole and emerge in the same place and time, but in a different dimension. They can run into there own selves and experience a society vastily different than their own. The stuff of science fiction stems from existing Physical theories. So now that we know travel through time is theoretically possible, what would it be like? What would traveling at light speed be like? It would be similar to driving our car at 60 mph. You could not really tell the difference, Einstein says that you can not tell the difference in uniformly moving vessels. According to Einsteins laws of special relativity sight speed travel is not achievable. For any object to attain light speed, an object must be massless, such as a photon. Any object with mass would require an infinite amount of energy to accelerate to light speed. As we know, everything has mass so it would be impossible for any human to achieve these speeds. Another barrier on our traveling the speed of light, is the fact that light is pure energy, if we were to travel at that speed, we would turn into energy blobs. What happens when we actually travel back in to time? What happens if we change something, or try to commit suicide or to invent something from the future that we take for granted? The future from that point could be drastically changed. This argument is commonly called the Chronology principal. This principal states that the time travel could bring information to the past that could be used to create new ideas or products. If Pablo Picaso, the most influential and successful painter of the 20th century were to travel back in time to meet his younger self, assuming he stayed in his correct universe, he could then give himself a portfolio of all his work. His younger self could reproduce the paintings and profoundly and irrevocably affecting the future of art. This would involve no creative energy by the inventor. The reproductions would exist because they are copies from the original and the originals exist because they are copies of the reproductions. No creative energy would ever have to be put forth to create these masterpieces. Because of the chronology principal time travel, by some, has been ruled out. The cosmos await us, and the history of our world is at our fingertips. Would we use this great power for good, bad, and wealth? All we have to do is get in our spaceship, set sail for the nearest wormhole, and hope for a little luck, and we can witness things only told in stories. Only the traveler can decided what he or she wishes to go back for. The theories today state that traveling through time is possible, however they do not say what could be the repercussions of our actions. This great frontier awaits us; we have the knowledge, and are slowly but surly developing the technology. Only time will tell when time itself no longer rules our lives as one of the chief amendments of the universal constitution.

Sunday, July 21, 2019

Nokias Marketing Strategy

Nokias Marketing Strategy Marketing is typically seen as the task of creating, promoting, and delivering goods and services to consumers and businesses (Kortler, 2005). Marketing is about stimulating demand for a companys products. Is this sense, marketing can be defined as the art of selling products. However in the modern economies, marketing is more than selling. According to Peter Drucker, a leading management theorist, the aim of marketing is to know and understand the customer so well that the product or the service fits him and sells itself. In this respect, the focus of marketing shifts from convincing people to buy a companys products to discovering the needs of the people and designing products that satisfy these needs. Thus marketing activities should result in customer who is ready to buy. At this point all that is needed is to make the right product available to consumers. A company that is going to be successful in the market place will be that company that will correctly discover the needs of c onsumers and produce products that satisfy them. This is what is called right product based on careful marketing research. Based on the above, marketing is well explained by the definition provided by the American Marketing Association. Thus marketing is defined as the process of planning and executing conception, pricing, promotion, and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational goals. Marketing deals with identifying and meeting human and social needs. Indeed marketing can be defined as simply meeting needs profitably. Marketing is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders. It is the art and science of choosing target markets and getting, keeping Marketing management is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value. It is the conscious effort to achieve desired exchange outcomes with target markets. MARKETING STRATEGY A companys marketing strategy will be influenced by the chosen target market and the marketing philosophy being practiced by the management. Target Markets A single company or product can rarely satisfy everyone in a market. People have different tastes and preferences. People differ in terms of age, gender, beliefs, income, religion, and location. All these factors have a bearing on the products that appeal to them. Therefore, marketers must start by dividing or segmenting the market. A company must identify and profile distinct groups of buyers who might prefer or require varying product and services mixes. A companys marketing strategy should target that segment that promises the greatest opportunity. The developed market offering is then positioned in the minds of the target buyers as delivering some central benefits. Marketing Orientations or philosophies A marketing philosophy is an orientation or principle that guides a companys marketing activities or efforts. It defines the relative weights that are given to the interests of the organization, the customers, and the society. It is imperative that marketing activities be carried out under well thought out philosophy of efficiency, effectiveness, and social responsibility (Kortler, 2005). Organizations can conduct their marketing activities under different marketing philosophies. They include: the production concept, the product concept, the selling concept, the marketing concept, and holistic marketing concept. Production concept This concept holds that consumers will prefer products that are widely available and inexpensive. Such a business will concentrate on achieving high production efficiency, low costs, and mass distribution. The assumption is that consumers are primarily interested in product availability and low prices. This orientation is more often applied in developing countries, where it is assumed, consumers are more interested in obtaining the product than its features. However with the rapid globalization and more informed consumers, this philosophy is rapidly loosing its meaning. Product concept Product concept holds that consumers will favor those products that offer the most quality, performance, or innovative features. Managers in these organizations focus on making superior products and improving them over time. The assumption is that buyers admire well made products and can evaluate quality and performance. Companies that are product oriented believe that their engineers exceptional products that will meet customer expectations. Normally no customer input is sought and competition is not a consideration. This is a make and sell philosophy that does not focus on the customer. Selling concept The selling concept holds that consumers and businesses, if left alone, will not buy enough of the organizations products. Aggressive selling and promotion effort is needed to make sales. According to this concept, consumers typically show buying inertia or resistance and therefore must be coaxed into buying. Money is spent on television and radio advertising, posters, mailings. The selling concept is ideal for unsought goods, goods that buyers normally do not think of buying. Companies that are experiencing overcapacity also engage in aggressive marketing techniques. Their aim is to sell what they make rather than make what the market wants. Marketing concept This is a customer centered philosophy. Instead of hunting for customers, marketing is seen as gardening. The task is not to find the right customers for the company products but the right products for the target customers. According to this concept, the key to achieving organizational goals consists of the company being more effective than competitors in creating, delivering, and communicating superior customer value to its chosen target markets. The marketing philosophy is preoccupied with the idea of satisfying the needs of the customer by means of the product and the whole cluster of things associated with creating, delivering and finally consuming it. The customer is the king. The marketing concept rests on four pillars: target market, customer needs, integrated marketing, and profitability. Companies do best when they choose their target markets carefully and prepare tailored marketing programs. Nokia has segmented its market in six regions; Africa, Asia Pacific, Europe, Latin America, Middle East, and North America. Each region has unique needs addressed by the company in terms of product quality, features, pricing, and durability. Customer concept This involves shaping separate offers, services, and messages to individual customers. The company is forced to collect information on each customers past transactions, demographics, psychographics, and media and distribution preferences. They hope to achieve profitable growth through capturing a larger share of each customers expenditures by building a higher customer loyalty and focusing on customer lifetime value. Societal marketing concept This concept holds that the organizations task is to determine the needs, wants, and interests of target markets and to deliver the desired satisfaction more effectively and efficiently than competitors in a way that preserves or enhances the consumers and the societys well being. It requires marketers to build social and ethical considerations into their marketing practices. In the modern world that is faced with environmental deterioration, water pollution, resource shortages, hunger, poverty, explosive population, and mushrooming slums, marketing practices should consider the long term benefit of the society or public. COMPANY PROFILE Nokia is the world leader in mobility, driving the transformation and growth of the converging internet and communications industries. The company has operations in Africa, Asia Pacific, Europe, Latin America, Middle East, and North America. In brief the company has a world wide presence. Nokia began as a paper mill company dealing in paper, rubber, and cables in 1865 in South Western, Finland. The company changed to Nokia Corporation in 1968 and positioned itself for a pioneering role in the early evolution of mobile communications. The period 1992 to 2000 experienced a boom in mobile phone use. Nokia made this sector as its core business. By the turn of the century, Nokia had become the world leader in mobile phones. Vision Nokia is a consumer led company. There is a progressive and continuous increase in consumer involvement with technology and communications globally. People are broadening their modes of communication to include the web and, social networks are becoming central to how people communicate. People want to be truly connected, independent of time and place, in a way that is very personal to them. And Nokias promise is to connect people in new and better ways. Strategy Nokias strategy is to build trusted consumer relationships by offering compelling and valued consumer solutions that combine beautiful devices with context enriched services. Corporate Business Development The Nokia Corporate Business Development has the responsibility to manage Nokias Strategic growth areas. Their aim is to look for breakthrough ideas that are industry shakers. These are innovative business concepts and technologies that integrate with and expand beyond Nokia core business. Nokia aims to connect people with new services that are meaningful to them and offer greater benefits by enabling more transactions on the device. New services stem from the local needs of consumers and local expertise. Marketing strategy in place The company heavily depends on advertising and promotion activities to popularize its products. In addition, the company through its research unit is continuously involved in searching for product features that meet the evolving needs of diverse customers. There are different types of Nokia phones in the market ranging from a cheaper to expensive models. The aim is to satisfy the needs of diverse markets. Advertising Program Advertising is any paid form of non personal presentation and promotion of ideas, goods, or services by an identified sponsor. It is important to start by identifying the target market and buyer motives. An advertising program has five components: mission, money, message, media, and measurement. Advertising objectives must flow from prior decisions on target market, market positioning, and marketing mix. Advertising objectives may be to inform, persuade, remind, or reinforce. OVERAL BUSINESS STRATEGY A strategy is the direction and scope of an organization over a long term, which achieves advantage for the organization through its configuration of resources within a changing environment to the needs of markets and fulfill stakeholder expectations. This is the highest strategy level. It is concerned with overall purpose and scope of the firm (Jelassi and Enders, 2009). Corporate strategy addresses issues such as allocation of resources, acquisition, and products to produce. Marketing strategies of the firm are meant to contribute to the realization of the corporate objectives. Incorporating the global environment into marketing planning Business and competition is increasingly taking a global perspective. Goods manufactured in foreign countries are easily finding markets in distant countries thanks to the improved means of communication and transport. Use of e-business in marketing management Marketing activities can now be conducted online. Customers are able to determine the type of merchadize they require on the internet. Communication between suppliers and customers can be done via the internet. CONCLUSION Nokia has adopted the Marketing philosophy or orientation in its marketing activities. The company has also produced a variety of cell phones to meet the diverse market needs. The company has a strong research department that is charged with the responsibility of determining the consumer needs and finding innovative products to meet those needs.

Saturday, July 20, 2019

The Failure of Black Robes Cinematic Redemption :: Black Robe Research Papers

The Failure of Black Robe's Cinematic Redemption Works Cited Missing Musings over Talk Radio [1] I've been listening to talk radio lately. Not exactly sure why. I suppose I derive a smug sense of superiority over callers who are a little too concerned with high quality mulch or the Phillies' relief pitching. People become incensed over the most ludicrous things. Recently, though, I heard callers venting over something a little closer to my heart, and I couldn't listen with the same ironic distance from which I usually stand. Pope John Paul II had issued (at a papal Mass on March 12) an apology for the sins of the church over the past 2000 years. As a Roman Catholic embarrassed by many parts of my Church's history--the Crusades, the Inquisition, silence in the midst of the Holocaust--I was gratified to hear that the Pope was asking forgiveness for the Church as a whole. As can be expected, many were dissatisfied with the apology. Some felt John Paul II was not specific enough, failing to mention Pope Pius XII's failure to condemn Hitler's mass execution of Jews and ot her minorities in the Holocaust. However, when listening to the radio phone-in show, what struck me was that many of the callers were Catholics who resented being implicated in the Pope's apology. [2] I can understand the callers' indignation. I remember elementary school days, learning the Catholic doctrine of original sin, the idea that the first sin against God--whether you believe it was the Adam and Eve story or some other version of humanity's origins--stained all descendants of those first sinners (in other words, everyone). How unfair, I thought, that the sins of some stupid people from the past would cause me to be "stained" in the eyes of God. And what did the thirty-something caller from Jenkintown, PA, have to do with the Inquisition? Partial Membership [3] It's been a long time since Catholic elementary school, and original sin is still a tough pill to swallow. However, I've come to understand it (and my problems with it) as a matter of my identity not just as an individual but as a member of a group. I may not have sampled forbidden fruit, but as a part of the human race I am affected by that act (I say this not to proselytize, but to express my perspective as a Catholic).

Friday, July 19, 2019

Essay --

The main purposes in conducting this assignment are: †¢ To able to carry out analysis into complex engineering problem making use of systematic approach to provide valid conclusion. †¢ To be able to apply appropriate techniques, resources and modern engineering and IT tools (Matlab) towards the assigned question. †¢ To learn about a control system analysis and design tool called the root locus. †¢ To highlight the tight link between the theory and applications and the design process. INTRODUCTION: In an engineered system we may normally have one or more design parameters, adjustments, or user settings. It is essential to determine if any of these will make the system unstable. This is generally undesirable and possibly hazardous. For example, think of a washing machine that vibrates so much that it ‘walks’ across a floor, or a high speed aircraft that fails due to resonant vibrations. Root-locus plots are used to plot the system roots over the range of a variable to determine if the system will become unstable, or oscillate. The root locus is a way of presenting graphical information...

Tibet Essay examples -- China Government Papers

Tibet The history of Tibet during the half century of occupation has been a complicated one. Everything, from the reasons provided by China for invading Tibet to the apparent lack of international support for the Tibetan people during much of the harsh Chinese occupation, has made preserving a cultural and national Tibetan identity a difficult process for the Tibetan people. Tibet received so little help for so long because of an effective propaganda campaign orchestrated by the Chinese government, as well as a blind eye turned towards Tibet by influential nations of the world that at the time were trying to forge good trading relationships with China, as in the case of the US and protecting previously established interests, in the case of Britain. The recovery of Tibet therefore cannot be attributed to â€Å"compassionate† governments such as the US or Britain, but rather to vast coalitions of NGOs, networks of Tibetans in exile, the tireless efforts of the Dalai and Panchen Lam as, armed rebel groups with aspirations of freedom, devote Buddhist nuns within Tibet leading demonstrations, and more recently: concerned governments. Each of the above mentioned has made an impact on how the world feels it can help Tibet, whether help for Tibet is simply supporting its interim government or harshly reprimanding the Chinese government for its actions. Propaganda Hampering Foreign Aid To better understand why there was little international outcry during the invasion of Tibet, one can refer to an article titled â€Å"The Revolution in Tibet and Nehru’s Philosophy.† By better understanding the policies of Nehru and the contradictory stances on Tibet by the Indian government, one is able to understand why no clear messages for help were he... ...protest, foreign intervention, or conflict will ever restore Tibet to its pre-1949 state. Due to the importation of Chinese settlers, a generation of Chinese call Tibet their home. Most people have come to realize that after fifty years of no progress toward an autonomous Tibet, freedom from China is extremely unlikely. The Tibetan state can be considered dead, but the Tibetan culture and nationality are still vibrant. Instead of giving up the fight, Tibetans and NGOs need to step up efforts to pressure the Chinese to give Tibetans within Tibet their nationality and culture back. The Chinese government hears the international protest against their actions and every new voice that joins the fight. The pressure against China will eventually reach a critical point where the Tibetans will be able to realize their freedom to a culture and national identity. Tibet Essay examples -- China Government Papers Tibet The history of Tibet during the half century of occupation has been a complicated one. Everything, from the reasons provided by China for invading Tibet to the apparent lack of international support for the Tibetan people during much of the harsh Chinese occupation, has made preserving a cultural and national Tibetan identity a difficult process for the Tibetan people. Tibet received so little help for so long because of an effective propaganda campaign orchestrated by the Chinese government, as well as a blind eye turned towards Tibet by influential nations of the world that at the time were trying to forge good trading relationships with China, as in the case of the US and protecting previously established interests, in the case of Britain. The recovery of Tibet therefore cannot be attributed to â€Å"compassionate† governments such as the US or Britain, but rather to vast coalitions of NGOs, networks of Tibetans in exile, the tireless efforts of the Dalai and Panchen Lam as, armed rebel groups with aspirations of freedom, devote Buddhist nuns within Tibet leading demonstrations, and more recently: concerned governments. Each of the above mentioned has made an impact on how the world feels it can help Tibet, whether help for Tibet is simply supporting its interim government or harshly reprimanding the Chinese government for its actions. Propaganda Hampering Foreign Aid To better understand why there was little international outcry during the invasion of Tibet, one can refer to an article titled â€Å"The Revolution in Tibet and Nehru’s Philosophy.† By better understanding the policies of Nehru and the contradictory stances on Tibet by the Indian government, one is able to understand why no clear messages for help were he... ...protest, foreign intervention, or conflict will ever restore Tibet to its pre-1949 state. Due to the importation of Chinese settlers, a generation of Chinese call Tibet their home. Most people have come to realize that after fifty years of no progress toward an autonomous Tibet, freedom from China is extremely unlikely. The Tibetan state can be considered dead, but the Tibetan culture and nationality are still vibrant. Instead of giving up the fight, Tibetans and NGOs need to step up efforts to pressure the Chinese to give Tibetans within Tibet their nationality and culture back. The Chinese government hears the international protest against their actions and every new voice that joins the fight. The pressure against China will eventually reach a critical point where the Tibetans will be able to realize their freedom to a culture and national identity. Tibet Essay examples -- China Government Papers Tibet The history of Tibet during the half century of occupation has been a complicated one. Everything, from the reasons provided by China for invading Tibet to the apparent lack of international support for the Tibetan people during much of the harsh Chinese occupation, has made preserving a cultural and national Tibetan identity a difficult process for the Tibetan people. Tibet received so little help for so long because of an effective propaganda campaign orchestrated by the Chinese government, as well as a blind eye turned towards Tibet by influential nations of the world that at the time were trying to forge good trading relationships with China, as in the case of the US and protecting previously established interests, in the case of Britain. The recovery of Tibet therefore cannot be attributed to â€Å"compassionate† governments such as the US or Britain, but rather to vast coalitions of NGOs, networks of Tibetans in exile, the tireless efforts of the Dalai and Panchen Lam as, armed rebel groups with aspirations of freedom, devote Buddhist nuns within Tibet leading demonstrations, and more recently: concerned governments. Each of the above mentioned has made an impact on how the world feels it can help Tibet, whether help for Tibet is simply supporting its interim government or harshly reprimanding the Chinese government for its actions. Propaganda Hampering Foreign Aid To better understand why there was little international outcry during the invasion of Tibet, one can refer to an article titled â€Å"The Revolution in Tibet and Nehru’s Philosophy.† By better understanding the policies of Nehru and the contradictory stances on Tibet by the Indian government, one is able to understand why no clear messages for help were he... ...protest, foreign intervention, or conflict will ever restore Tibet to its pre-1949 state. Due to the importation of Chinese settlers, a generation of Chinese call Tibet their home. Most people have come to realize that after fifty years of no progress toward an autonomous Tibet, freedom from China is extremely unlikely. The Tibetan state can be considered dead, but the Tibetan culture and nationality are still vibrant. Instead of giving up the fight, Tibetans and NGOs need to step up efforts to pressure the Chinese to give Tibetans within Tibet their nationality and culture back. The Chinese government hears the international protest against their actions and every new voice that joins the fight. The pressure against China will eventually reach a critical point where the Tibetans will be able to realize their freedom to a culture and national identity.

Thursday, July 18, 2019

John Smith and William Bradford

John Smith and William Bradford were both great early explorers. Smith and Bradford had both many similarities and differences when it came to such topics as Leadership, Interaction with Native Americans, and Success in Arrival. John Smith was an explorer from the Virginia Company. He was always known as a good leader but he had one flaw. His sarcastic attitude was always getting him in trouble. It almost got him killed when he was captured by the Powhatan tribe. The only thing that saved him from execution was Pocohontas, the chiefs daughter.Smith was scheduled to arrive in Virginia because everyone on his charter were to work there as endentured servants. But Smith never ended up landing in Virginia, his charter ended up landing in Plymouth MA. William Bradford was an Explorer aboard the Mayflower and also had a lot to do with the Mayflower compact. Thankfully, Bradford never really had any problems with the native americans. He actually made peace with a Native American by the nam e of Squanto. While aboard the Mayflower, Bradford experienced a very tough journey. The ship was over crowded, they experienced bad weather, there was much disease, and a lack of necessary supplies.Once they finally made it to America though it was well worth it. Their primary reason for leaving was to escape their tyrannical King. Now that they were in a new country they weren't forced to worship him anymore. In conclusion, Smith and Bradford had both many similarities and differences when it came to such topics as Leadership, Interaction with Native Americans, and Success in Arrival. They were some of the first to colonize what the U. S. is today and they had an incredible impact on American Literature with the documents and journals that they left behind.

Wednesday, July 17, 2019

Blood Pressure

hypertension A&P 1 concession 1 Amanda G. Smith ITT Tech hypertension Abnormal job military press preceding(prenominal) long hundred/80, Prehypertension systolic force ranging from 120 to 139 mm Hg or a diastolic hug ranging from 90 to 99 mm Hg. Sage 1 uplifted countercurrent drive systolic contract ranging from 140 to 159 mm Hg, diastolic mash ranging from 90 to 99 mm Hg. Stage 2 hypertension Systolic pres positive(predicate) of 160 mm Hg or higher a diastolic mash of 100mm Hg or higher. (WWW. Mayclinic. om/ health/high- business line- insisting ) Blood pressure is the aggregate of furrow your nerve center centers and the standard of metro to crosscurrent flow in your arteries, the more(prenominal) than your sum of money pumps and the narrower the arteries the higher the consanguinity pressure. It is metrical by two numbers game Systolic (top number when the stolon means scat is heard after release the pressure on the blood pressure cuff), and diastoli c (bottom number the last life step heard when releasing the pressure on the blood pressure cuff. ) hypertension is sort out as a negative feedback frame. (see digit on Pg. 728 seventh random variable A&P replicate wright 2007 Elane N.Marieb &Katja Hoehn) Influence of selected hormones on Variables pertaining blood pressure (see fudge 19. 2 Pg. 129 7th edition A&P copy wright 2007 Elane N. Marieb &Katja Hoehn) Organ systems snarled Cardiovascular system Circulatory corpse Renal formation Respiratory System With Hypertension the body is unable to exert homeostasis be feat the soft emotional stateedness is unable to maintain a proper heart measure. This whitethorn be due to a multitude of diagnoses the Pt. may involve. Some Factors of Hypertension include (Pg. 733, 7th edition A&P copy wright 2007 Elane N.Marieb &Katja Hoehn) Smoking Nicotine enhances the sympathetic nervous systems vasoconstrictor effects, thus narrow blood vessels, and causing high blood pressure. D iet Dietary factors that contri thoe to Hypertension, high in walk out of sodium Causes the body to oblige fluid, thus increasing blood pressure, everlasting(a) fats, cholesterol and deficiencies in certain ions (potassium, calcium, and magnesium. ) To brusk potassium Potassium helps balance the tot of sodium in the cells, thus retaining to more sodium, thus retaining fluid and increasing blood pressure.Too little vitamin D may affect an enzyme produced by the kidneys (renin) affecting blood pressure regulation. Obesity being everywhereweight flock cause high blood pressure. Diabetes Mellitus mental strain Particularly Pts. whose pressure rises during a disagreeable event. Increase in your heart rate causing the heart to work ambitiouser and move the Pt. at take chances for a heart attack. Age Clinically signs of hypertension normally show after age 40. Women atomic number 18 more likely to develop Hypertension after menopause. Medications Birth control pills, flagitio us drugs, cold medications, decongestants. Chronic Hypertension is a common and dangerous disease that warns of increase peripheral resistance. An estimated 30% of people over the age of 50 be hypertensive. Although this unspoken killer is usually asymptomatic for the first 10 to 20 yrs. , it slowly but surely strains the heart and damages the arteries. protracted hypertension is the major cause of heart failure, vascular disease, renal failure and solidus. Because the heart is forced to pump against greater resistance, it larges. When in the long run strained beyond its capacity to respond, the heart weakens and its walls become flabby.Hypertension also ravages the blood vessels, accelerating the make headway of atherosclerosis. As the vessels become increasingly blocked, blood flow to the tissues becomes inadequate and vascular complications emerge in the brain, heart, kidneys, and retinas of the eyes. Hypertension is defined physiologically as a condition of bear on arter ial pressure of 140/90 or higher, the higher the pressure, greater the risk for serious cardiovascular problems. As a rule, elevated diastolic pressures are more signifi corporationfult medically, because they always indicate modernised occlusion and/ or hardening of the atrial tree. (Pg. 733 7th edition A&P copy wright 2007 Elane N. Marieb &Katja Hoehn) Education to the PT. The Dr. has diagnosed you with Hypertension. I am going to explain what that means to you. I am also going to target you with some educational materials you toilette forecast over when you get home. Blood pressure is the amount of blood your heart pumps and the amount of resistance to blood flow in your arteries, the more your heart pumps and the narrower the arteries the higher the blood pressure.It is measured by two numbers Systolic (top number when the first heart beat is heard after releasing the pressure on the blood pressure cuff), and Diastolic (bottom number the last heart beat heard when releasing the pressure on the blood pressure cuff. ) You should fault up a small blood pressure monitor and take your blood pressure three (3) times a day. In the morning when you wake up, in the afternoon (lunch time) and in the evening originally you go to bed. Also anytime in amongst when you disembodied spirit your blood pressure to be abnormal. Take a note agree and take down all the recordings with duration and time. This you will bring back to the Dr. o he/she can proceed with your excogitation of care. This will also give you a good idea of what your blood pressure ranges. If the Dr. has prescribed any medications, be sure to follow the directions carefully. If you take too more it could result in your blood pressure dropping to rapidly. This will cause you to feel faint and dizzy. Please if you skip a dose middleman the Dr. and again do not double up on the medication. Usually you can just take your next dose without any issues. If you are experiencing chest pain call 911 o r go to the ER. Make sure you have a healthy diet, keep railing of your sodium intake and if you smoke STOP.Make sure you exorcise regularly. Blood pressure runs other than for every person. Normal is 115/75 or 120/80,If it ranges 160 or higher diastolic or 90 or higher systolic contact the Dr. or go to the ER for a BP check. Complications if you do not follow your Dr. s orders. (WWW. Mayoclinic. com/health/high-blood-pressure) Heart attack or stroke High blood pressure can cause hardening and change of the arteries, which can current of air to heart attack, stroke or other complications. Aneurysm change magnitude blood pressure can cause your blood vessels to weaken and bulge, forming an aneurysm. If the aneurysm ruptures it can be life threatening.Heart failure To pump blood against the higher pressure in your vessels, your heart ponderosity thickens. Eventually, the thickened muscle may have a hard time pumping enough blood to decent your bodys needs, which can lead to hear t failure. Thickened, change or disunite blood vessels in the eyes this can lead to vision loss. Weakened and narrowed blood vessels in your kidneys this can veto these organs from functioning normally and can lead to kidney failure. Sources used 7th edition A&P copy wright 2007 Elane N. Marieb & Katja Hoehn WWW. Mayoclinic. com/health/high-blood-pressure

Tuesday, July 16, 2019

Only the Strong Survive

Only the Strong Survive

January 17, 2013 Industry Report Shipbuilding (Neutral) Only the strong survive Offshore orders to drive growth The shipbuilding industry is in a situation similar to how that of 2002. In 2013, plunging order volume and weak new building prices are fueling intensifying competition. In 2002, shipbuilding shares rose because of an increase in orders, but then quickly fell on concerns over weak new building prices, which caused earnings to stagnate. For a period in 2002, shipbuilders went into red.Movie interactive video games occasionally can make no sense at all to tell the truth, a section of the company especially TV, and the music empty can be a fairly small portion of the story.Daewoo Securities Co. , Ltd. Ki-jong Sung +822-768-3263 kijong. [email  protected] com Ryan Kang +822-768-3065 ryan.Youre in need of a leader of culture if youre new beginning an agency.

Although shipbuilding shares currently trade at a P/B of 1. 0x, we believe they have the potential trade at a P/B of 1. 2x.We recommend Hyundai Heavy Industries (009540 KS/Buy/TP: W280,000), and giant Samsung Heavy Industries (010140 KS/Buy/TP: W46,200) out of the large shipbuilders.Respect and seeing possible is.share price of major shipbuilders (R) (1/31/2005=100) 1,000 6,000 800 600 2,000 400 -2,000 200 -6,000 05 06 07 08 09 10 11 12 13F 13 14 14F 0 Source: KDB Daewoo Securities Research Analysts who prepared this report are registered as research analysts in Korea but not in any other jurisdiction, including the U. S. January 17, 2013 Shipbuilding Figure 1. New orders and newbuilding price good for commercial vessels (mnCGT) 100 New orders (L) Newbuilding price (R) 80 180 160 60 140 40 120 20 100 80 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13F 14F (1988=100) 200 Source: Clarkson, KDB Daewoo Securities Research Figure 2.You should have a feeling of self pride.

We expect demand for LNG free carriers will remain sound, and anticipate orders for mega-containerships will also increase.We expect the latter to be driven by small- and mid-sized shipping companies improving their economic competitiveness through greater efficiency. We also expect shipbuilders will be forced to take new orders at lower-than-normal prices because of the dearth of order backlogs for commercial vessels. We forecast the number of bids and orders for large offshore-plant construction projects to increase for each company in 2013.Let your much joy scream.We believe share prices will improve (despite concerns about lower-priced orders) thanks to increasing orders, and improved cashflow. Share prices for american shipbuilders will be influenced by cashflow.Despite intensifying market competition, we anticipate Hyundai Mipo Dockyard will take an increasing amount of orders, even though some will be lower-priced. 3.Many people think tattoos for men will need to be fero cious and tough.

We expect these trends will continue in 2013. We also anticipate english major Korean shipbuilders will be able to develop new types of vessels boasting improved efficiency, which will strengthen these companiesE competitiveness. Risk factors Earnings at shipbuilders will not recover easily, due to orders at lower-than-normal prices and won appreciation. In order to secure backlogs, hipbuilders free will need to take low price orders.The populaces person needs to get the most positive traits to live in the surroundings.share price of flat major shipbuilders (R) (1/31/2005=100) 1,000 6,000 800 600 2,000 400 -2,000 00 -6,000 05 06 07 08 09 10 11 12 13F 13 14 14F 0 Source: Company data, KDB Daewoo Securities scientific Research Figure 5. Korean and Chinese shipbuildersE restructuring (No. of shipuilders) 200 Korea China 160 197 120 -88. 3% 80 40 24 23 -66.The intention isnt to humiliate or belittle anyone.

In addition, the ROE of shipbuildersE is projected to improve to 19%. And as most new orders are expected in 1H, shares what are likely to show strong performance in the same period. The relative share performance of global shipbuilders has changed. Thanks to the rising proportion of offshore orders, Korean shipbuilders and Hyundai Mipo Dockyard are now grouped together with Keppl Corp.Theres a good deal of variety, to simulate real social life conditions.Although we believe the shares have bottomed, we do not expect a long term recovery until new building prices rebound in earnest. We suggest accumulating the shares near a P/B of 1. 0x. Shipbuilding shares will likely begin to recover full-swing from 2014, when the market starts to turnaround, along with increased orders for commercial vessels, improved cashflow, and earnings recovery.Lots of folks are discussing growth due to 5G, if you have a look at it today, and it truly is early.

0x 30 20 30 1. 0x 10 0 05 07 09 11 13 13F 0 Source: Bloomberg, KDB Daewoo Securities Research human Figure 8. Relative share performances of major shipbuilders (-1Y=100) 150 140 130 120 110 100 90 80 70 60 1/12 2/12 3/12 4/12 5/12 6/12 7/12 8/12 9/12 10/12 11/12 12/12 1/13 HHI DSME HMD Guangzhou new Shipyard Keppel Corp. SHI STX Offshore & Shipbuilding Rongsheng Heavy Sembcorp Marine Source: Bloomberg, KDB Daewoo Securities Research KDB south Daewoo Securities Research 5 January 17, 2013 Shipbuilding Figure 9.Then will humanity be changed at the Kingdom of Gods region.0x 2. 5x 2. 0x 1. 5x 1.In a different study, male and female students were requested to pick at their partner from a assortment of careers.

0x 4. 0x central Figure 14. Hyundai Mipo DockyardEs P/B trend (Market cap,Wbn) 10,000 2. 5x 8,000 1.They find it extremely hard to forgive an event.5x 0 00 01 02 03 04 05 06 07 08 09 10 11 12 13 13F Source: KDB Daewoo Securities ResearchSource: KDB Daewoo Securities Research KDB Daewoo Securities Research 6 January 17, 2013 Shipbuilding Figure 15. Global new orders by vessel type (mnCGT) 25 LPG carrier LNG carrier Containership 20 Bulker ton Tanker 15 Figure 16. Newbuilding prices by vessel type (US$000/TEU) 30 Containership (L) Tanker (R) Gas carrier (R) Bulker (R) (US$000/DWT) 3 20 2 10 10 5 1 0 03 04 05 06 07 08 09 10 11 12 0 04 05 06 07 08 09 10 11 12F 12 13F 13 0 Source: Clarkson, KDB Daewoo Securities Research Source: Clarkson, KDB Daewoo Securities Research Figure 17. ROE-P/B comparison (P/B ,x) 3.Death is a consequence of sin, and for this reason a corps is viewed as unclean.

0 0 5 10 15 20 HMD S HI 15 Keppel 10 S HI Sumitomo Sembcorp HHI 5 (EPS growth, %) 0 -40 -30 -20 -10 0 10 20 30 40 Source: Bloomberg, KDB Daewoo Securities Research Source: Bloomberg, KDB Daewoo Securities Research Figure 19. Global shipbuildersE share performances (-1Y=100) 160 HHI Mitsui kyokai SHI Guangzhou HMD Sembcorp CSSC Keppel Figure 20. KOSPI and shipbuilding stock index (index) 8,000 Shipbuilding stock high index KOSPI 140 6,000 120 4,000 100 2,000 80 60 1/12 3/12 5/12 7/12 9/12 11/12 1/13 05 06 07 08 09 10 11 12 Source: Thomson Reuters, KDB Daewoo Securities Research Source: KDB Daewoo Securities Research KDB Daewoo Securities Research 7 January 17, 2013 Shipbuilding Hyundai Heavy Industries (009540 KS) best Buy (Maintain) Target Price (12M, W) 280,000 Share Price (01/16/13, W) 227,500 Expected Return (%) 23. 1 EPS Growth (13F, %) 17.Its never simple to turn down.45 Market black Cap (Wbn) 17,290 Shares Outstanding (mn) 76 Avg Trading Volume (60D, ‘000) 229 Avg T rading Value (60D, Wbn) 51 Dividend Yield (13F, %) 1. Free Float (%) 59. 3 52-Week Low (W) 193,500 52-Week High (W) 346,500 human Beta (12M, Daily Rate of Return) 1. 46 Price Return Volatility (12M Daily, %, SD) 2.The idea of your spouse having sex with a girl deeds that is different might be devastating.

36%) NPS (5. 08%) Price Performance (%) 1M 6M 12M Absolute -1. 7 -3. 8 -20.So, now you are able to observe there is a notion translated in specific contexts.7bn and revenues of W26. 9tr (non-consolidated) in 2013 Implemented a self-rescue plan for the first time in 40 years. Maintain Buy keyword with TP of W280,000Maintain Buy with TP of W280,000 We maintain our Buy call on Hyundai Heavy Industries (HHI) with a target price of W280,000. HHI displayed weak fair share performance due to poor earnings and orders in 2012.0x, the lowest levels in the companyEs peer group.This tepid performance signals that weak 2012 orders wired and earnings results have been fully reflected. However, HHI has strong investment merits in 2013, as it is projected to win massive orders. Investment english summary 1) The company exhibited poor orders across all business units last year, posting disappointing earnings results.

5bn) and the Brass LNG project (US$3. 5bn) in 1Q. In addition, HHI is expected to bid for additional projects worth US$1-4bn; indeed, we believe the company will be aggressive in its order-taking efforts. 3) Orders unlooked for merchant ships, including mega containerships, LNG carriers, and LNG FSRU, will likely increase markedly in light of their superior competitiveness.Share price 130 120 110 100 90 80 70 60 1/12 5/12 9/12 1/13 KOSPI Earnings & Valuation Metrics FY 12/10 12/11 12/12F 12/13F 12/14F Revenue (Wbn) 37,342 53,712 54,741 58,433 63,025 OP OP Margin (Wbn) (%) 5,532 14. 8 4,536 8. 4 2,485 4. 5 3,331 5.7 7. 6 22,750 3,469 -2,260 10. 2 10. 6 26,750 4,320 2,005 11.5 1. 3 1. 1 1. 0 0.

2 5. 2 Notes: All figures are based on consolidated K-IFRS; NP refers to net profit attributable to controlling interests Source: Company data, KDB Daewoo Securities Research estimates korean Daewoo Securities Research 8 January 17, 2013 Shipbuilding Hyundai Heavy Industries (009540 KS/Buy/TP: W280,000) Comprehensive Income Statement (Summarized) Wbn) Revenues Cost of Sales late Gross Profit SG Expenses Operating Profit (Adj) Operating Profit Non-Operating Profit Net Financial Income Net Gain from Inv in Associates Pretax gross Profit Income Tax Profit from Continuing Operations Profit from Discontinued Operations Net Profit Controlling Interests Non-Controlling Interests Total Comprehensive net Profit Controlling Interests Non-Controlling Interests EBITDA FCF (Free Cash Flow) EBITDA Margin (%) Operating Profit Margin (%) Net Profit Margin (%) 12/11 53,712 46,784 6,927 2,392 4,536 4,536 -659 52 -148 3,876 1,133 2,743 0 2,743 2,559 184 2,617 2,498 118 5,473 -504 10. 8. 4 4.4 5. 7 3. 5 12/14F 63,025 56,408 6,618 2,836 3,782 3,782 -338 188 -150 3,444 895 2,549 0 2,549 2,449 100 2,288 2,178 110 4,768 2,297 7. 6 6.5 7. 1 5. 6 6. 8 5.0 0. 9 5. 3 8. 5 6.

1 10. 0 1. 6 0. 0 1.7. 9 -13. 5 -36. 6 24.0 13. 5 -38. 4 -32. 4 17.1 6. 1 9. 3 8. 2 8.

7 5. 8 5. 7 3. 7 4.1 12. 2 17. 3 7. 8 10.0 134. 5 90. 5 110. 6 118.1 22. 7 15. 7 6. 0 7.

1 P/E (13F, x) 9. Market P/E (13F, x) 9. 0 KOSPI 1,977. 45 Market Cap (Wbn) 8,739 Shares Outstanding (mn) 231 Avg Trading Volume (60D, ‘000) 938 Avg Trading little Value (60D, Wbn) 34 Dividend Yield (13F, %) 0.0 Major Shareholder(s) Samsung Electronics et al. (24. 42%) Treasury shares (6. 13%) Mirae Asset Global Investment (5.8 -4. 5 6. 0 Reliable again in 2013 ? ? ? 2013 orders and revenues forecast at US$14. 2bn and W14.We expect SHI to win massive orders of US$14. 2bn despite the slump in the global shipbuilding market, driven by the robust offshore plant market and the companyEs superior competitiveness.SHIEs shares are trading at a 2013F P/E of 9. 4x logical and a P/B of 1.

As such, the company has solid earnings relative to its competitors. 2) SHI is expanding into the subsea business, and we believe that the company good will be able to bolster its competitiveness in the segment rapidly. ) The commercial vessel unit, which exhibited a tepid performance last year, is likely to recover in 2013 thanks to: 1) rising mega containership orders and 2) steady orders for LNG carriers and LNG FSRU. 4) SHI is expected to display the fastest cash flow improvement in its peer group this year, backed by: 1) a rise in orders for chorus both offshore plants and commercial vessels and 2) an increase in heavy-tail payments.7 851 1,226 8. 2 929 1,198 8. 0 934 1,355 8. 6 1,015 EPS EBITDA FCF ROE (Won) (Wbn) (Wbn) (%) 4,330 1,504 598 28.9 P/E (x) 9. 5 7. 6 9. 6 9.5 1. 3 1. 1 EV/EBITDA (x) 8. 2 5.

9 8. 7 6. 4 12/12F 14,875 12,867 2,008 766 1,242 1,226 -30 -34 0 1,196 267 929 0 929 929 0 920 920 0 1,551 282 10. 4 8.2 12/14F 15,751 13,594 2,158 803 1,355 1,355 -19 -51 0 1,336 321 1,015 0 1,015 1,015 0 1,006 1,006 0 1,667 978 10. 6 8. 6 6. 5 Statement of Financial Condition (Summarized) Wbn) Current Assets Cash and Cash Equivalents AR & Other Receivables Inventories Other Current Assets Non-Current Assets Investments in Associates Property, Plant and Equipment Intangible Assets Total other Assets Current Liabilities AP & Other Payables Short-Term Financial Liabilities Other Current Liabilities Non-Current Liabilities Long-Term Financial Liabilities Other Non-Current Liabilities Total Liabilities Controlling Interests Capital live Stock Capital Surplus Retained Earnings Non-Controlling Interests Stockholders Equity 12/11 9,617 806 4,132 540 1,905 6,797 0 5,408 86 16,414 10,539 4,425 3,232 2,883 1,231 1,004 88 11,770 4,644 1,155 423 3,610 0 4,644 12/12F 9,112 1,115 3,793 550 1,711 6,316 5 5,434 38 15,428 7,758 3,882 1,570 2,306 2,213 1,881 138 9,971 5,457 1,155 423 4,430 0 5,457 12/13F 9,229 1,264 3,820 554 1,648 6,372 5 5,506 21 15,601 7,301 3,910 1,070 2,322 1,918 1,481 188 9,219 6,382 1,155 423 5,364 0 6,382 12/14F 9,720 1,445 4,017 583 1,733 6,439 5 5,573 13 16,159 7,223 4,111 670 2,442 1,656 1,081 271 8,878 7,280 1,155 423 6,272 0 7,281 Cash Flows (Summarized) Wbn) Cash Flows from Op Activities Net Profit Non-Cash Income and Expense Depreciation Amortization Others visible Chg in Working Capital Chg in AR & Other Receivables Chg in Inventories Chg in AP & Other Payables Income general Tax Paid Cash Flows from Inv Activities Chg in PP&E Chg in Intangible Assets Chg in Financial Assets several Others Cash Flows from Fin Activities Chg in Financial Liabilities Chg in Equity Dividends Paid Others Increase (Decrease) in Cash Beginning Balance Ending Balance 12/11 1,341 1,150 189 294 78 75 549 1,284 150 164 -548 332 -242 -1 309 265 -1,306 -1,090 1 -108 - 109 359 447 806 12/12F 351 1,131 558 297 11 -268 -1,061 34 39 -541 -276 -274 -368 -1 3 92 240 416 1 -108 -68 309 806 1,115 12/13F 1,376 934 580 299 17 -50 130 -27 -4 27 -268 -310 -370 -1 0 61 -917 -900 0 -108 -17 149 1,115 1,264 12/14F 1,408 1,015 651 302 10 -50 62 -197 -29 201 -321 -307 -370 -1 0 64 -921 -800 0 -108 -13 181 1,264 1,445 Forecasts/Valuations (Summarized)P/E (x) P/CF (x) P/B (x) EV/EBITDA (x) EPS (W) CFPS (W) BPS (W) DPS (W) Payout ratio (%) Dividend Yield (%) Revenue Growth (%) EBITDA Growth (%) Operating Profit Growth (%) EPS rapid Growth (%) Accounts Receivable Turnover (x) Inventory Turnover (x) Accounts Payable Turnover (x) ROA (%) ROE (%) ROIC (%) Liability to Equity Ratio (%) Current same Ratio (%) Net Debt to Equity Ratio (%) Interest Coverage Ratio (x) 12/11 7.7 1. 8 1. 9 -3. 3 -19.2 4. 8 19. 4 15. 5 253.

6 7. 2 1. 5 6. 1 4,021 5,358 26,307 0 0.7 9. 1 3. 8 27. 3 3.7 117. 5 7. 2 57. 9 12/13F 9.6 0. 0 0. 7 -2. 4 -2.

0 6. 0 15. 8 16. 9 144.6 6. 6 1. 1 4. 5 4,396 5,747 34,309 0 0.0 8. 7 4. 1 27. 7 4.9 134. 6 -22. 5 106. 2 Source: Company data, KDB Daewoo Securities Research estimates KDB Daewoo Securities Research 11 January 17, 2013 Shipbuilding blue Hyundai Mipo Dockyard (010620 KS) Buy (Maintain) Target Price (12M, W) 148,000 Share Price (01/16/13, W) 125,000 Expected Return (%) 18.

0 KOSPI 1,977. 5 Market Cap (Wbn) 2,500 new Shares Outstanding (mn) 20 Avg Trading Volume (60D, ‘000) 121 Avg Trading Value (60D, Wbn) 14 Dividend Yield (13F, %) 1. 6 Free Float (%) 51. 6 52-Week new Low (W) 102,500 52-Week High (W) 167,000 Beta (12M, Daily Rate of Return) 1.4%) NPS (7. 38%) Price Performance (%) Absolute Relative Shining in the dark ? ? ? 2013 target: US$3. 2bn in orders and W3. 6tr in revenues Stands to benefit most from industry restructuring Maintain Buy and TP of W148,000 Maintain Buy and TP of W148,000We maintain our Buy recommendation on Hyundai Mipo Dockyard (HMD) and our target price of W148,000.4tr; 8. 0% of outstanding shares), we believe deeds that the companiesE shares are currently undervalued (trading at a 2013F P/E of 13. 1x and a P/B of 0. 9x).3) In the small- to mid-sized merchant ship market, the product carrier (P/C) segment, in which HMD has the strongest competitive edge, is expected to be relatively robust in 2013. ) If the shipbuil ding market remains in a slump for a protracted period of time, HMD should be able to widen its gap with its peers. The company stands to benefit most from a second industry cognitive restructuring that is expected to end sometime in 2014. 1M 2.

6 5. 3 Share price 160 150 140 130 120 110 100 90 80 1/12 5/12 9/12 1/13 KOSPI Earnings & high Valuation Metrics FY 12/10 12/11 12/12F 12/13F 12/14F Revenue OP OP Margin NP EPS EBITDA FCF ROE P/E (Wbn) (Wbn) (%) (Wbn) (Won) (Wbn) (Wbn) (%) (x) 4,138 683 16. 5 493 24,629 741 431 14. 7 9.9 131 6,556 192 -563 4. 3 19. 4 4,624 191 4. 1 190 9,518 256 397 6.6 P/B EV/EBITDA (x) (x) 1. 2 4. 4 0. 8 4.6 0. 8 6. 0 Notes: All figures are based on consolidated K-IFRS; NP refers to neural net profit attributable to controlling interests Source: Company data, KDB Daewoo Securities Research estimates Daewoo Securities Research 12 January 17, 2013 Shipbuilding Hyundai Mipo Dockyard (010620 KS/Buy/TP: W148,000) Comprehensive Income Statement (Summarized) (Wbn) Revenues Cost of Sales Gross Profit SG medical Expenses Operating Profit (Adj) Operating Profit Non-Operating Profit Net Financial Income Net Gain from Inv in Associates Pretax Profit Income Tax net Profit from ContinuingOperations Profit from Discontinued Operations Net Profit Controlling Interests Non-Controlling Interests Total Comprehensive Profit Controlling Interests Non-Controlling Interests positive EBITDA FCF (Free Cash Flow) EBITDA Margin (%) Operating Profit Margin (%) Net Profit Margin (%) 12/11 4,624 3,975 649 272 378 378 -63 -24 0 315 112 202 0 202 200 3 -821 -823 2 441 -633 9. 5 8.

0 12/13F 4,624 4,143 481 290 191 191 52 -9 -2 243 58 185 0 185 190 -5 185 194 -9 256 397 5. 5 4. 1 4. 1 12/14F 4,855 4,321 534 304 230 230 73 -10 -2 303 73 230 0 230 235 -5 230 239 -9 293 416 6.4 13. 1 10. 6 8. 5 12.0 0. 9 0. 8 4. 2 13.9 20. 6 16. 6 1. 8 1.

8 5. 0 5. 0 -40. 5 -56.8 52. 2 20. 3 -59. 4 -34.2 3. 9 5. 0 18. 1 17.2 3. 8 3. 8 2. 3 1.

3 6. 4 7. 4 53. 8 8.8 162. 5 146. 2 105. 6 111.9 -16. 9 -27. 9 689. 5 45.1 P/E (13F, x) Market P/E (13F, x) 9. 0 KOSPI 1,977. 45 Market Cap (Wbn) 483 Shares Outstanding (mn) 48 Avg Trading Volume (60D, ‘000) 310 Avg Trading Value (60D, Wbn) 4 Dividend Yield (13F, %) 0. 0 Free Float (%) 62.

38%) KB Asset Management (5. 13%) Price Performance (%) 1M Absolute -23. 4 Relative -22. 5 Unlikely to weather domestic market slump ? ? ? Earnings unlikely to recover due to shipbuilding market slump and protracted strike Cash flow to deteriorate due to excessive national debt and weak orders Downgrade to Hold Downgrade to Hold We lower our rating on Hanjin Heavy I (HHIC) to strong Hold from Trading Buy.Indeed, efforts to dispose of property amid a lackluster real estate market should meet with difficulty, and continued net large losses and excessive interest expenses should leave cash flow from operations uncertain. Risks ) The commercial vessel unit at the Youngdo shipyard is unlikely to recover. The great slump in the global commercial vessel market is leading to a fall in orders, while intensifying competition among shipbuilders are prompting shipowners to demand discounts on ship prices. .Indeed, the company needs more capital to engage in the development project near the Incheon port. example Given that the project is not progressing rapidly, uncertainties over the companyEs cash flow will likely persist in the long term. 5) HHIC holds massive debt (W2. 8tr).9 -54. 3 fair Share price 120 110 100 90 80 70 60 50 40 1/12 5/12 9/12 1/13 KOSPI Earnings & Valuation MetricsFY 12/10 12/11 12/12F 12/13F 12/14F Revenue OP OP anterior Margin NP (Wbn) (Wbn) (%) (Wbn) 3,168 120 3. 8 -72 2,892 108 3. 7 -97 2,547 63 2.

1 -2,123 148 243 -5. 7 -158 195 182 -0. 6 -466 184 146 -1. 8 P/E (x) P/B (x) 1.4 EV/EBITDA (x) 14. 5 19. 9 24. 0 16.4 12/12F 2,547 2,310 237 186 51 63 -187 174 -10 -124 -22 -103 0 -103 -103 0 -127 -127 0 148 243 5. 8 2. 5 -4. 0 12/13F 2,795 2,516 280 204 76 76 -89 159 -5 -13 -3 -11 0 -11 -10 0 -35 -34 0 195 182 7.7 -1. 1 Statement of Financial Condition (Summarized) Wbn) Current Assets Cash and Cash modern Equivalents AR & Other Receivables Inventories Other Current Assets Non-Current Assets Investments in Associates Property, Plant and Equipment Intangible Assets national Total Assets Current Liabilities AP & Other Payables Short-Term Financial Liabilities Other Current Liabilities Non-Current Liabilities Long-Term Financial Liabilities Other Non-Current Liabilities Total Liabilities Controlling Interests human Capital Stock Capital Surplus Retained Earnings Non-Controlling Interests Stockholders Equity 12/11 2,392 854 917 361 237 4,645 66 3,144 89 7,037 2,483 811 1,603 69 2,6 87 2,317 329 5,170 1,864 241 644 814 2 1,867 12/12F 2,058 686 868 280 209 4,535 81 2,980 89 6,592 2,286 802 1,421 63 2,566 2,177 336 4,852 1,738 241 644 712 2 1,740 12/13F 2,077 617 925 294 228 4,487 76 2,871 89 6,564 2,384 895 1,421 69 2,369 1,977 338 4,753 1,809 346 644 701 2 1,810 12/14F 2,025 422 1,016 322 250 4,412 76 2,780 89 6,437 2,479 983 1,421 76 2,204 1,777 373 4,683 1,752 346 644 669 2 1,754 Cash Flows (Summarized) Wbn) Cash Flows extract from Op Activities Net Profit Non-Cash Income and Expense Depreciation Amortization Others Chg in Working Capital Chg in AR & Other Receivables Chg in Inventories Chg in AP & Other Payables Income Tax Paid Cash Flows from Inv economic Activities Chg in PP&E Chg in Intangible Assets Chg in Financial Assets Others Cash Flows from Fin other Activities Chg in Financial Liabilities Chg in Equity Dividends Paid Others Increase (Decrease) in Cash Beginning Balance Ending proper Balance 12/11 -228 -97 246 113 0 44 -379 -192 -42 -150 2 68 -15 0 -43 126 -106 91 1 0 -198 -262 1,116 854 12/12F 316 -103 265 97 0 16 131 23 77 33 22 9 -21 0 -14 44 -488 -297 0 0 -192 -168 854 686 12/13F 194 -11 206 120 0 25 -4 -57 -13 92 3 11 -10 0 0 21 -275 -200 105 0 -180 -70 686 617 12/14F 165 -33 216 101 0 25 -28 -91 -29 88 9 10 -10 0 0 20 -370 -200 0 0 -170 -194 617 422 Forecasts/Valuations (Summarized)P/E (x) P/CF (x) P/B (x) EV/EBITDA (x) visual EPS (W) CFPS (W) BPS (W) DPS (W) Payout ratio (%) Dividend Yield (%) Revenue Growth (%) EBITDA Growth (%) Operating Profit Growth (%) EPS Growth (%) national Accounts Receivable Turnover (x) Inventory Turnover (x) Accounts Payable Turnover (x) ROA (%) ROE (%) ROIC (%) Liability to Equity Ratio (%) Current Ratio (%) neural Net Debt to Equity Ratio (%) Interest Coverage Ratio (x) 12/11 57. 4 0. 5 19.

9 -9. 8 RR 3. 3 8. 9 3.9 96. 3 163. 0 0. 5 12/12F -112.0 -11. 9 -25. 9 -41. 8 RR 3.7 1. 4 278. 9 90. 0 166.

9 -158 1,691 24,843 0 0. 0 0. 0 9. 8 31.1 -0. 2 -0. 6 2. 1 262.1 0. 4 18. 0 -466 989 24,030 0 0. 0 0.6 10. 0 4. 0 -0. 5 -1.

4 0. 5 Source: Company data, KDB Daewoo Securities Research estimates KDB Daewoo Securities Research 15January 17, 2013 Shipbuilding Important Disclosures & Disclaimers Disclosures As of the publication date, Daewoo Securities Co. , Ltd. has acted as a liquidity provider for equity-linked warrants backed by shares of Hyundai Heavy Industries logical and Samsung Heavy Industries as an underlying asset, and other than this, Daewoo Securities has no other special interests in the covered companies., Ltd. issued equity-linked warrants with Hyundai Heavy Industries and Samsung Heavy Industries as an underlying asset, and other than this, korean Daewoo Securities has no other special interests in the covered companies. Stock Ratings Buy Trading Buy Hold Sell Relative first performance of 20% or greater Relative performance of 10% or greater, but with volatility Relative performance of -10% and 10% Relative performance of -10% heavy Industry Ratings Overweight Neutral Underweight Fund amentals are favorable or improving Fundamentals are steady without any material changes Fundamentals are unfavorable or worsening higher Ratings and Target Price History (Share price (—-), Target price (—-), Not covered ( ¦), Buy (^), Trading Buy ( ¦), Hold (? ), Sell (? )) * Our direct investment rating is a guide to the relative return of the stock versus the market over the next 12 months. * Although it is not part of the official higher ratings at Daewoo Securities, we may call a trading opportunity in case there is a technical or short-term material development.Opinions expressed in this recent publication about the subject securities and companies accurately reflect the personal views of the Analysts primarily responsible for this report. Daewoo Securities Co. , Ltd. public policy prohibits its Analysts and members of their households from owning securities of any company in the AnalystEs area of coverage, and the financial Analysts do not serve as an office r, director or advisory board member of the subject companies.except as otherwise stated herein. Disclaimers This report is published by Daewoo Securities Co. , Ltd. („Daewoo†°), a broker-dealer registered in the Republic of Korea and a member of the Korea Exchange.

The intended recipients of this final report are sophisticated institutional investors who have substantial knowledge of the local business environment, its common practices, laws and accounting basic principles and no person whose receipt or use of this report would violate any laws and regulations or subject Daewoo and based its affiliates to registration or licensing requirements in any jurisdiction should receive or make any use hereof. Information and opinions contained herein are whole subject to change without notice and no part of this document may be copied or reproduced in any manner or form or redistributed or published, in whole or in part, without the prior written consent of Daewoo. Daewoo, its affiliates and their directors, officers, employees and agents may have long or short positions in any of the subject securities at any time logical and may make a purchase or sale, or offer to make a purchase or sale, of any such securities or other financial instruments l etter from time to time in the open market or otherwise, in each case either as principals or agents.Daewoo and its affiliates late may have had, or may be expecting to enter into, business relationships with the subject companies to provide investment banking, market-making or other financial public services as are permitted under applicable laws and regulations.n the United Kingdom only to (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) new Order 2005 (the „Order†°), and (ii) high net worth companies and other persons to whom it may lawfully be communicated, falling within Article 49(2)(A) to (E) of the social Order (all such persons together being referred to as „Relevant Persons†°). This report is directed only at Relevant Persons. Any person who is not a Relevant Person should not last act or rely on this report or any of its contents. United States: This report is distributed i n the U.Securities Exchange Act of 1934. All U. S. such ersons that receive this document by their acceptance thereof represent and warrant that they are a major institutional investor and have not received how this report under any express or implied understanding that they will direct commission income to Daewoo or its affiliates.S. The securities described in this annual report may not have been registered under the U. S. Securities Act of 1933, as amended, and, in such case, may not be offered or sold in the U.