Wednesday, November 6, 2019

John Steinbeck Biography essays

John Steinbeck Biography essays John Steinbeck, author of Of Mice and Men (1937), was born in Salinas, California on February 27, 1902. He grew up in a middle-class family of German and Irish descent in Monterey County, California. This is where Steinbeck developed his love of the natural world and diverse cultures that show up so often in his major works. His father, John Steinbeck Sr., was the county treasurer and his mother, Olive (Hamilton) Steinbeck, was a formal school teacher. They lovingly fostered his passion for reading and writing. John Jr. attended Stanford University but never graduated. He left Stanford in 1925 and attempted to become a freelance writer in New York City, but when his endeavors failed he returned to California. Steinbeck married his first wife, Carol Henning, in 1930 and they moved to Pacific Grove, where he wrote Tortilla Flat (1935). This novel was his first popular work and the turning point of his career. Of Mice and Men (1937), a tale of shattered dreams, was considered to be St einbecks first large success. In 1939 he published what is considered his best work, The Grapes of Wrath, the story of Oklahoma tenant farmers who, unable to earn a living from the land, moved to California where they became migratory workers. John Steinbeck was awarded the Nobel Prize for Literature in 1962 ...for his realistic as well as imaginative writings, distinguished by a sympathetic humor and a keen social perception. His last work was Travels with Charley (1962), a travelogue in which Steinbeck wrote about his impressions during a three-month tour in a truck that led him through forty American states. Other works included The Red Pony (1937), Sweet Thursday (1954), Cannery Row (1945), In Dubious Battle (1936), To a God Unknown (1933), The Sea of Cortez (1941), Cup of Gold (1929), and The Moon is Down (1942). He died in New York City on December 20, 1968, and was survived by his third wife, Elaine (Scott) Steinbeck, and their son...

Monday, November 4, 2019

Global Cases in Logistics and Supply Chain Management Essay

Global Cases in Logistics and Supply Chain Management - Essay Example Sales team was more concerned of adding newer products to the existing portfolio so that diversity of products and wider choice would appeal to customers who are constantly on the lookout for newer and better products. Thus bonuses and targets were their prime concern. On the other hand the supply chain team was highly worried about out-of-stock inventory mix. When 30% of SKUs are registering below sales targets in volumes and profits, there is something really to worry about. The supply chain team was also worried about the service related challenges in order to fulfill customer demand (Scholz-Reiter, Frazzon & Makuschewitz). Against this backdrop a more comprehensive SKU rationalization strategy would be pertinent though it’s equally imperative to know how best to avoid supply chain bottlenecks and associated costs by way of reducing inventory of no-go-products. In other words a rationalization strategy would require a number of tasks to be performed before putting into effect any program of action. In managing supply chain related activity in procurement of materials the purchasing manager or the specialist has to perform a series of tasks according to some predefined criteria. In the same way the purchasing manager or the supply chain team has to take it to consideration the number of factors that directly and indirectly impact on their performance. In the first instance skills of the supply chain team would be enhanced by the vertically integrated organizational and management structure which essentially support the design planning and implementation of supply chain strategies, especially those directly related to the purchase of raw material and components for primary operations. Clorox was just faced with this problem (Hugos, 2006). The purchasing specialist has to focus on his tasks associated with procurement and management in order to achieve a degree of functional conformance to established standards such as the core business activity

Saturday, November 2, 2019

Basel Core Principles on Developing Countries Essay

Basel Core Principles on Developing Countries - Essay Example The Committee on Banking Regulations and Supervisory Practices (Basel Committee) was established in 1974. The Committee was comprised of the central bank Governors of the Group of Ten countries. These countries in particular are Belgium, Canada, France, Germany, Italy, Japan, Luxembourg, the Netherlands, Spain, Sweden, Switzerland, the United Kingdom and the United States. The repercussions of the turmoil in markets and international currency created the need for this congregation. The Basel Committee was tasked to oversee and supervise financial institutions and to issue recommendations and standards on banking laws and regulations. It serves as the forum for cooperation on sound banking practices for member countries. In 1988, the Basel Committee gave birth to Basel Capital Accord, or the 1988 Accord. The 1988 Accord was to serve as the international standard to be followed by financial institutions. This has come to be known as a stabilising instrument in banking institutions that foster cooperation among participating countries. The aim of the 1988 Accord was to give a new framework that will strengthen the stability of the banking system and to make sure that the framework will be fair and consistent in application to various banks to reduce inequality among international banks. It provided a system for capital measurement and stated the minimum requirements for international banking business. The most significant aspect of the 1988 Accord is the provision imposing a regulatory capital requirement. It required the minimum capital-to-asset ratio of financial institutions to equal to at least eight percent (8%) of the risk-weighted assets. Thus, if all of the institutions assets are exposed to 1 00% risk, then its capital at hand must be valued at least 8% of its assets. The changes in the 1988 Accord were proposed in 1999. The proposal aims to formulate a capital framework that has evolved to the needs of the time. Thus, the International Convergence of Capital Measurement and Capital Standards: A Revised Framework or the Basel II Accord came upon in June 2004. Core Principles for Effective Banking Supervision A remarkable benchmark was made through the Core Principles for Effective Banking Supervisions or the Basel Core Principles. The Basel Core Principles aim to respond to the weaknesses in the banking systems that can threaten countries, regions and even the international community. This document was issued on September 1997 after examinations and studies made by the Basle Committee, the Bank for International Settlements, the World Bank and the International Monetary Fund. Compared to the 1988 Accord, many developing countries participated in the drafting of the Basel Core Principles, like Chile, Thailand, China, Argentina, Brazil and India among others. The Basel Core Principles are made of 25 basic Principles that are supposed to guide the regulatory or public authorities in the countries into implementing or maintaining an effective financial system. These 25 basic Principles are classified into seven sections. Principle 1 deals with the Preconditions for Effective Banking Supervision. Principles 2 to 5 discuss the Licensing and Structure. Principles 6 to 15 break down the Prudential Regulations and Requirements that are suppose