Sunday, August 23, 2020

Pseudomonas Aeruginosa: Virulence and Pathogenesis Issues

Pseudomonas Aeruginosa: Virulence and Pathogenesis Issues Pseudomonas aeruginosa is a gram negative, motile, oxygen consuming pole molded bacterium which can happen as singles, two by two and every so often in short chains. P.aeruginosa is an omnipresent life form which can multiply under the sparest conditions, for example, sinks, toilets, beauty care products, vaporisers, inhalers, respirators, and anaesthesiology and dialysis hardware. Contaminated patients and staff are additionally potential essential wellsprings of disease (2). P.aeruginosa is a significant pioneering pathogen of the immunocompromised causing a wide scope of nosocomial diseases. These incorporate contaminations of consume, post usable injuries, urinary tract (particularly in patients with catheters), ears and eyes. Disease as often as possible prompts sepsis and passings can happen (3). This life form is related with the best dismalness and mortality in cystic fibrosis (4) and is predominant among patients with consume wounds and intravenous medication clients (5, 6). P.aeruginosa can continue and increase in wet situations and on most bits of gear in clinic wards. This is of significance in cross disease control (4). P.aeruginosa is the most significant, safe and hazardous creature contaminating consume patients (7). It is the fifth basic pathogen among medical clinic microorganisms and causes 10% of all emergency clinic obtained diseases (8). The pace of commensalisation increments as the span of emergency clinic stay expands (9). Epidermiologically, P.aeruginosa is positioned as the fourth reason for nosocomial diseases in the United States (10). An investigation on different clinical disengages was directed in Afghanistan at the Post Graduate Medical Institute (PGMI) Hayatabal Medical Complex to discover the predominance and antimicrobial powerlessness examples of P.aeruginosa diseases. Among the positive segregates, 6.67% were P.aeruginosa with the most elevated pace of contamination saw in orthopedic ward (24.61%) and 0PD (20%). The most noteworthy level of P.aeruginosa disengages were seen in discharge (57.64%) (11). Pseudomonas aeruginosa is impervious to numerous antimicrobial operators and has along these lines become prevailing and significant when the more defenseless microscopic organisms of the typical greenery are stifled (1). With the far reaching utilization of quinolones both in the emergency clinic and in the regular setting, tranquilize safe P.aeruginosa secludes have developed and keep on raising quickly (12). The antimicrobial specialists are losing their adequacy because of aimless utilization of anti-microbials, absence of mindfulness, quiet rebelliousness and unhygienic conditions (11). Like most gram negative bacilli, P.aeruginosa has been accounted for to have created protection from ordinarily utilized anti-microbials and disinfectants. It was initially touchy to Carbernicillin, piperacillin, Gentamicin, ciprofloxacin and different medications. Anyway it is currently impervious to these anti-infection agents (13, 14). The destructiveness factors related with P.aeruginosa cont aminations incorporate cytotoxin creation, the living beings capacity to shape a biofilm, produce gelatinase, elastase and basic protease. These reason the demolition of connective tissue and debasement of host immunological components (15, 16). The essential point of this investigation is to decide the predominance of P.aeruginosa in wound contaminations and its affectability to ordinarily utilized anti-microbials in inpatients at Parirenyatwa Group of Hospitals. PSEUDOMONAS AERUGINOSA Pseudomonas aeruginosa is one of the most widely recognized Gram-negative microorganisms distinguished in the clinical examples of medical clinic conceded patients. It is a pole that measures about 0.6 2â µm and is motile by methods for a solitary polar flagellum (1, 18). P. aeruginosa is noted for its metabolic flexibility and its remarkable capacity to colonize a wide assortment of conditions and furthermore for its characteristic protection from a wide assortment of antimicrobial specialists. It is a commit aerobe that develops well at temperatures between 37-42Â °C. Because of its pervasive nature, P. aeruginosa develops promptly on a media (1). On Blood agar they are frequently ÃŽ ²-haemolytic while on MacConkey agar they produce pale settlements since they don't mature lactose. P.aeruginosa is oxidase positive (17). Pseudomonas aeruginosa is notable for its creation of two dissolvable shades, pyocyanin which is a non-fluorescent pale blue shade and the fluorescent color pyoverdin, which gives a greenish shading to the media. P. aeruginosa likewise creates a sweet grape-like smell because of the creation of 2-aminoacetophenone (1, 17). PATHOGENESIS P. aeruginosa is pathogenic when acquainted with territories lacking typical host protections for instance when there is tissue harm and during malignant growth treatment where there is neutropaenia (1). P.aeruginosa is a significant crafty pathogen of the immunocompromised causing a wide scope of nosocomial contaminations. These incorporate diseases of consume, post employable injuries, urinary tract (particularly in patients with catheters), ears and eyes (in clients of broadened wear delicate contact focal points). Disease as often as possible prompts sepsis and passings can happen (3). This living being is related with the best dismalness and mortality in cystic fibrosis (4) and is pervasive among patients with consume wounds and intravenous medication clients (5, 6). It produces cytotoxins, proteases and haemolysins. Segregates from patients with Cystic fibrosis produce a polysaccharide, alginate. The alginate, pili and external film intervene grip to have epithelia (19). Harmfulness FACTORS The capacity of Pseudomonas aeruginosa to cause a wide scope of diseases is because of its capacity to deliver various cell-related (bonds, alginate, pili, flagella and lipopolysaccharide) and extracellular (elastase, exoenzyme S, exotoxin A, haemolysins, iron restricting proteins, leukocidins and proteases) destructiveness factors. These intervene various procedures including bond, supplement securing, resistant framework avoidance, leukocyte murdering, tissue grip and circulation system intrusion (20, 21). CELL-ASSOCIATED VIRULENCE FACTORS P.aeruginosa requires a penetrate in first-line protections to start disease. This can result from modification of the immunologic guard components for instance in chemotherapy-prompted immunosuppression and AIDS, disturbance of the defensive parity of mucosal ordinary greenery by wide range anti-infection agents, or penetrate of typical mucosal hindrances for instance injury and consumes (21, 23). Adherence of P. aeruginosa to have epithelium is interceded by type 4 pili, that stretch out from the cell surface (1, 22). Flagella, basically answerable for motility may likewise go about as adhesins to epithelial cells (23). Lipopolysaccharides are liable for endotoxic properties of the life form while the exopolysacharride is liable for the mucoid states from patients with Cystic fibrosis (1). EXTRACELLULAR VIRULENCE FACTORS These are extracellular items created by P. aeruginosa that can cause broad tissue harm. They incorporate exotoxin An, exoenzyme S, elastase, basic protease however the commitment of a given factor fluctuates with the sort of contamination (24). Exotoxin A catalyzes ADP-ribosylation and inactivation of extension factor 2, prompting restraint of protein biosynthesis and cell passing (25). It is likewise answerable for neighborhood tissue corruption (1). Exoenzyme S is additionally an ADP-riboslytransferase that ribosylates GTP restricting proteins bringing about direct tissue harm (26). Phospholipase C and rhamnolipid are haemolysin delivered by P. aeruginosa. They breakdown lipids and lecithin and both have cytotoxic impacts (27). Pseudomonas aeruginosa likewise creates poisons which incorporate Las B elastase, Las An elastase and basic protease (28). Las An elastase and Las B elastase have elastolytic action. Elastin is a significant part of lung tissue and veins. Las B elastase is a zinc metalloprotease while Las A will be a protease. Antacid protease lyses fibrin (29). BIOFILMS Pseudomonas aeruginosa is additionally ready to frame biofilms. Biofilms are unpredictable networks of surface-appended totals of microorganisms installed in a self-discharged extracellular polysaccharide grid or sludge (alginate) (30, 31). These go about as effective hindrances against antimicrobial specialists (aminoglycosides, ÃŽ ² lactamases, fluoroqunilones and disinfectants) and the host safe framework bringing about tireless colonization and loss of activity at the site of disease (32, 33). CELL TO CELL Signaling Cell to cell flagging frameworks control extracellular harmfulness factors required for tissue attack by P. aeruginosa. THE LAS CELL TO CELL Signaling SYSTEM The Las cell to cell flagging framework controls the statement of Las B elastase (34). It manages Las B articulation and is required for ideal creation of other extracellular destructiveness factors, for example, Las An elastase and exotoxin A (35). THE RHL CELL TO CELL Signaling SYSTEM The rhl cell to cell flagging framework controls the creation of rhamnolipid. The framework manages the outflow of the rhl AB operon that encodes a rhamnosyltransferase required for rhamnolipid creation. It is likewise significant for Las B elastase, protease, pyocyanin and basic transferase creation (36). ANTIMICROBIAL REACTIVITY OF P. AERUGINOSA Like most gram negative bacilli, P.aeruginosa has been accounted for to have created protection from ordinarily utilized anti-infection agents and disinfectants. It was initially touchy to Carbernicillin, piperacillin, Gentamicin, ciprofloxacin and different medications. Degrees of cross-obstruction between these operators have been accounted for be that as it may (13, 14). Treatment of contaminations by P. aeruginosa is regularly troublesome in light of its harmfulness and constrained decision of antimicrobial specialists. P. aeruginosa has the ability to convey multiresistance plasmids, and this element has prompted the presence of certain strains that are impervious to every dependable anti-microbial (37). In an investigation completed at the Post Graduate Medical Institute Hayatabad Medical complex in Afghanistan on the commonness and opposition example of P. aeruginosa against different subterranean insect

Friday, August 21, 2020

Managers And The Process Of Change Essays - Economy,

Chiefs And The Process Of Change Moving associations from current to future changed states isn't simple and requires aptitudes and information a few administrators don't have Presentation The edgy invitation to battle, Change or Die which can be heard resounding down the passages of organizations wherever is proof that pioneers have perceived the need to change. Administrators realize that organizations must be quick, adaptable, responsive, versatile, and innovative to endure. Most additionally realize that present attitudes, methods, and apparatuses are inadequate for making such an association. These individuals are showing the gifts required to effectively arrange change. They know about the constraints around or inside themselves and are happy to get familiar with the important abilities required to prevail as change supervisors. Change is the way toward moving starting with one state then onto the next. Similarly as moving house requires the gigantic pressing of furniture and different things, change requires the same amount of arrangements to be effective. The vast majority don't care for transform, they like things to continue as before. Changes require more exertion to adjust. It compromises strength and security and individuals dread that they won't have the option to adapt. Opposition is the common resistance to such apparent dangers. A decent director must have the option to work with and defeat obstruction he/she should have the option to control the entire procedure of progress. In light of this, I have thought about the job of the chief, what his/her capacity is and what abilities are required to empower him/her to be a fruitful change administrator. Capacity of Managers Fayol (1908) distinguished the elements of the director as: 1. Setting targets 2. Association 3. Inspiration 4. Control or estimation 5. Co-appointment These capacities are as evident today as they were at that point, however I think about correspondence as the way to them. It is the basic capacity in fruitful change the executives. Drucker (1977 in Stewart 1986) likewise makes the significant expansion of, the advancement of individuals. Every one of the capacities can be viewed as fundamental to overseeing developing or arranged change, anyway it is the equalization of abilities and information consolidated that produce an effective change chief. In light of these focuses we at that point think about associations and their inclination. Associations their tendency and culture. Associations are living social life forms, each with its own way of life, character, nature, and personality. Each association has its own history of accomplishment, which fortifies and reinforces the associations method of getting things done. The more established and progressively fruitful the association, the more grounded its way of life, its temperament, its character becomes. They are networks of individuals with a strategic, (1990 in Buchanan and Huczinsky, 1991), not machines. The essential idea of a living social living being is normally progressively crucial, more profound in the pecking order, and along these lines considerably more impressive than business work forms, money related frameworks, business methodology, vision, flexibly chains, data innovation, lean assembling, showcasing plans, group conduct, corporate administration. These wonders are significant. In any case, they are less in a general sense significant than the essential idea of associations as living social living beings. This fundamentally significant reality must be the place any intercession begins. At the point when this happens, the mediation gets an opportunity of working. To empower this directors must have the option to consolidate their insight into the above frameworks with reaction capacity. In the event that we take a gander at Figure 1, it exhibits the fine parity required by a chief to stay deft, permitting him/her to deal with a changing association while mulling over the framework of the association. Readiness is a significant aptitude for an administrator to have, in the event that he/she can arrive at this point then they are bound to be oversee change productively. Fig. 1 (Schneider, B. 1997.) Regardless of whether a specific change will work or not is identified with the degree to which the thought behind it considers steady procedure of designed change. Figuring out where an association has been, the place it is at present, and where it is essentially ready to go next is basically significant before any change is endeavored. To be sure, what supervisors must do is find the one of a kind examples and procedures - and afterward work to impact them in a way that causes the association to assist itself with working all the more proficiently and viably. The example of dynamic connections at the association level is culture, which clarifies why authoritative culture is so amazing. So ground-breaking, truth be told, that its effect overrides every other factor

Wednesday, July 8, 2020

The 20 Best MBA in Entrepreneurship Degree Programs

One of the best ways to remain competitive in today's management workforce is to pursue an MBA with a concentration in a field of entrepreneurship. Small firms are the drivers of the American economy, and an education in managing these firms can help entrepreneurs overcome the tremendous, 1-in-2 failure rate for startup companies. To maximize flexibility, many MBA programs have moved online and embraced a highly flexible format. Among these programs, there are a few that stand out. The best programs are those that are AACSB-accredited as well as regionally accredited, highly affordable, prestigious, and known from coast to coast.In the world of graduate business education, prestige and networking outweigh most other factors, aside from affordability, when choosing a program. For this reason, the ranking of schools below focuses primarily on a name recognition and academic prestige, with affordability and flexibility as secondary factors. Each program provides students with a powerful brand name and a vast network of professionals that will help them grow their career in a dynamic way. 20.Texas AM University - Commerce When it comes to finding great value and a prestigious name, the regional campuses of Texas AM University lead the way. The Commerce campus, located a bit north of Dallas, offers one of America's most affordable online MBA programs. Whether in-state or out-of-state, students pay about half the average price of an MBA for 36 credits of instruction. TAMU-Commerce offers an entrepreneurship concentration that teaches students the economics of starting a firm, the nature of positioning a product competitively in an economy dominated by larger corporations, and both the ethics and procedures for growing the business and managing its increasing number of employees. 19.Ohio University Often overshadowed by Ohio State University, this state-funded institution offers a top-ranked MBA that refreshingly required no GMAT scores during the admissions process. Ohio University, located in the small Ohio town of Athens, offers an online MBA with several concentrations in fields like healthcare and leadership. Students in the leadership concentration can opt to take courses that focus on leading a new firm, giving them the skills they need to be successful entrepreneurs after graduation.Easily one of the most affordable online MBAs in the nation, Ohio University's program requires 36 total credits. Of those credits, 9 credit hours must be in a concentration. Students also complete a capstone course at the end of the program and have the opportunity to travel to Athens for an in-person residency with fellow members of their online cohort. The program takes two years to complete on a part-time basis.​ 18.Robert ï » ¿Ã¯ » ¿Morrisï » ¿Ã¯ » ¿ University Located just outside of Pittsburgh, Pennsylvania, Robert Morris has an AACSB-accredited online MBA that's among the most affordable online programs in the Keystone State. A concentration in entrepreneurship allows students in the 36-credit program to focus on what it takes to create a new product, bring it to market, and guide a firm toward sustainable success. The 9-credit concentration leads to a final capstone course, where students create business plans and proposals based on what they've learned in their prior coursework.Robert Morris University is one of the largest institutions of higher education in western Pennsylvania, ranked as a best value by U.S. News and World Report as well as top-ranked in business and regional higher education. The MBA's AACSB accreditation puts it in the top 5 percent of online programs worldwide. 17.Fayetteville State University One of North Carolina's largest and most affordable public universities, Fayetteville State is a top-ranked school for veterans. The school is located near a military base and offers a robust set of tools for veterans that makes it easier to schedule and afford the cost of the online MBA. An entrepreneurship concentration is available for students in this program, encompassing up to 12 credits of coursework in entrepreneurial finance, innovation management, small firm marketing, and ethical leadership.Fayetteville State University students complete a required capstone course during their final semester of enrollment, consisting of a business management and consulting simulation. This capstone is designed to both pull together the core concepts of the program and to teach students how to make effective decisions that benefit their firm. On a part-time basis, the online MBA can be completed in approximately two years. Thanks to its flexible, veteran-centric focus, however, the program can run for as long as three years to meet student needs. 16.University of South Florida The University of South Florida has emerged as a leader in regional higher education for online students in recent years, with an online MBA that is both highly affordable and AACSB-accredited. The school offers a discount to in-state students with Florida residency, even in its online program, which allows many graduates to leave the university without a significant student loan debt load. The 9-credit concentration in entrepreneurship focuses on general themes of "going it alone" in the world of business, including securing funding, setting a marketing strategy, and growing the firm through both employment and increased sales. 15.Eastern Michigan ï » ¿University Ranked in the top 100 regional universities in the Midwest, and among the top 30 public universities, Eastern Michigan University's online MBA program is both new and growing rapidly. The school benefits from highly affordable tuition, at least for in-state students, who pay one of the lowest per-credit rates offered by any business school in the region. Additionally, EMU ranks as one of the best schools for veterans, primarily due to the highly flexible nature of course scheduling in the online program.Entrepreneurship at the school is both a core curriculum focus of the online MBA program as well as an optional concentration for students with an interest in the field. The program is primarily informed by Eastern Michigan University research and the major industries of this Midwestern state, including automotive, arts, and technology industries. 14.Florida Internationalï » ¿Ã¯ » ¿ ï » ¿Ã¯ » ¿University Affordability is a key concern of this state-funded Florida University, which offers a generous, $10,000 scholarship to entering online MBA students. The school allows for a full waiver of the GMAT, further enhancing access to students of all backgrounds. Upon admission, students can choose from a concentration in entrepreneurship that spans between 9 and 12 credits. Focused on tech innovation and managing a startup firm, the concentration prepares students to become innovators and managers of exceedingly small firms. Ranked one of the best online MBAs in the south, FIU also earns top marks as an affordable program for all admitted students in the most recent edition of U.S. News and World Report. 13.University of Houston The University of Houston System is the leading, urban provider of public higher education in the city of Houston. The school's state funding allows it to offer exceedingly affordable tuition to Houston and Texas residents, making it one of the most affordable online programs for these individuals. Out-of-state residents pay more, but still get a great value.The 36-credit MBA program at the University of Houston offers a concentration in entrepreneurship based on the university's extensive academic research into innovation management and startups. Students focus primarily on the technology industry in case studies that teach the basics of starting, growing, marketing, and diversifying a new firm. Internships and high-tech simulations also teach students how their actions directly affect a growing firm. 12.Ball State University Originally founded as a teacher's college, Ball State has evolved into one of the nation's flagship public universities. The school is also one of the most affordable providers of online education, and has earned top ranks for educational quality within its online programs from U.S. News and World Report. The school's top ranking as a great value is a boon to business students who don't want to rely excessively on student loans to fund their educational expenses.The entrepreneurship concentration within the MBA requires at least 9 credits, and as many as 12 credits, in areas like innovation management, entrepreneurial finance, scaling a small firm to meet demand, and much more. Students also complete a capstone course, resulting either in a virtual simulation or a scholarly thesis that ties their academic experience together as they finish the program. 11.University of Massachusetts at Amherst UMass Amherst offers one of the largest online MBA programs, boosted by an extensive marketing effort as well as an excellent reputation in the world of higher education. Operating for more than a decade, the online MBA program at Amherst offers a concentration in entrepreneurship and general leadership. Between 9 and 12 credits are required, which will introduce students to ethical leadership, the details of starting and growing a firm, and how to navigate a highly competitive marketplace of ideas and high-tech products. The school's online program is ranked in the top 15 online MBAs nationwide, according to U.S. News and World Report, and is also named a best value and a leader among national universities. 10.Saint Joseph's University At Saint Joseph's University, in Philadelphia, students are encouraged to live the "magis," a Jesuit term that invokes giving back to others and living a fulfilled life. Throughout the MBA program at the university, students are instructed in business ethics and taught how to make decisions that are both fiscally responsible and beneficial to the community at large.Within the entrepreneurship concentration, the school's students learn about the ethical dilemmas facing business owners and innovators, giving them a solid foundation on which to build and grow a new firm. Consistently recognized by U.S. News and World Report as well as the Beta Gamma Sigma business honor society, the school typically ranks among the best nationwide for online MBAs. 9.Suffolk University Suffolk University is notably the only university in Greater Boston that has earned AACSB accreditation for both its accounting and business programs, positioning it in the top 1 percent of business schools globally. Though better known for its law school, Suffolk offers a top-30 MBA with an a highly successful entrepreneurship concentration.The business school, a prolific producer of management research, has a broad core curriculum that pairs with 9 credits of elective study. Within the entrepreneurship concentration, students will study the economics of starting a firm, the ethics of securing funding and working with "angel" investors, and the process of growing the firm's products, familiarity, and employment base. 8.Northeastern University Once a commuter school for regional students, Northeastern University has grown in recent decades to become a top-ranked national university for students from coast to coast. The D'Amore-McKim School of Business is one of the top business research centers in the country, offers a separate Department of Entrepreneurship that focuses centrally on the creation and growth of new firms, and has earned a top-50 ranking among all online MBA programs in the country.Northeastern's MBA emphasizes hands-on learning, encouraging online students to work in groups, study cases, and engage in high-tech simulations that teach the basics of starting a firm, securing funding, and bringing a product to market. The MBA also benefits from a 235 percent explosion in employer partners who actively recruit Northeastern graduates. 7.Oklahoma State University One of two flagship public universities in Oklahoma, OSU offers a highly affordable online MBA that's ranked in the top 40 programs nationwide in U.S. News and World Report. In addition to offering a robust entrepreneurship concentration within its MBA curriculum, Oklahoma State has a separate School of Entrepreneurship that is centrally focused on both instruction and research in the field.The School of Entrepreneurship has helped the university earn a reputation as a top school for starting new firms. Its research has also been central to the explosion of tech startups nationwide over the last two decades. The online program can be completed in two years, on a part-time basis. 6.Drexel University Philadelphia's Drexel University has built its reputation on offering an innovative cooperative learning program. Co-op, as the program is known, allows students to both learn in the classroom and apply those skills in a full-time job off-campus. For MBA students, co-op opportunities include placements alongside executives for high-achieving students, giving them insight into top-level decision making as well as an unparalleled opportunity to network and build a career in management.The entrepreneurship program at Drexel is offered in the form of an online MBA concentration. Students take 9 credits that focus on both entrepreneurship and innovation management, making the program a natural fit for today's tech-minded entrepreneurs who are looking to incorporate both their business education and a product that innovates its way into the marketplace. The program can be completed in a 2-year cohort, or stretched to more than three years, depending on student preference. 5.University of Florida Known as one of the flagship public universities in both Florida and the southeastern region of the United States, it should come as no surprise that the University of Florida offers one of the top-ranked online MBA programs in the country. Excellent rankings in Forbes, BusinessWeek, and U.S. News and World Report give the University of Florida's AACSB-accredited program an edge with in-state students, who benefit from lower tuition, as well as students across the country who are looking for a top-tier degree.At the University of Florida, the study of entrepreneurship is combined with a study of both leadership and innovation. Students are taught how to think critically about a new product, how to pursue funding, and how to ethically market and publicize a firm over time. The school's capstone course focuses on either consulting or leadership, giving soon-to-be graduates a chance to develop hands-on experience in business decision-making. 4.Washington State ï » ¿Ã¯ » ¿University Washington State University offered one of the earliest online MBA programs. Today, the school is widely known for offering one of the most affordable online MBA programs in the country. Washington State University also benefits from proximity to major tech companies, like Microsoft and Amazon, which informs its entrepreneurship curriculum and makes its MBA one of the best choices for students who aspire to either own a tech firm or join one of the country's largest technology companies after commencement.WSU's entrepreneurship concentration is tech-focused, with an emphasis on bringing innovative new technologies to market and navigating the process of securing funding, making marketing decisions, growing employment, and maturing a successful firm. Graduates will be prepared to join the tech entrepreneurs of Greater Seattle, the Silicon Valley, and other tech hubs throughout the country and the world. 3.University of North Carolina at Chapel Hill The University of North Carolina at Chapel Hill has seen its MBA evolve from a fledgling program to one that's tied for first place with the more established online MBA at Temple University in Philadelphia. While the schools are on par in terms of quality, it's worth noting that UNC Chapel Hill's MBA is more than three times the price of Temple's program. While prestigious, that means this school could be out of reach for students on a budget. Even so, it has earned a place in the top three programs for its high degree of prestige and its track record for getting MBA graduates into lucrative positions and long-term careers.Within the program, UNC Chapel Hill offers a robust, 9-credit concentration in entrepreneurship that teaches students the economics of starting a new venture, the process of growing the venture and adding employees, and the ethical concerns of entrepreneurs in today's marketplace. General business courses focus on a broad variety of topics, ranging from economics a nd statistics to integrated marketing, finance, and managerial accounting. The program can be completed in about two years on a part-time basis and offers robust career services for online program graduates.​​ 2.Indiana University Indiana University's Kelley School of Business was one of the first online MBAs from a major, public university in the United States. Over the course of more than a decade, IU's AACSB-accredited online MBA program has become one of the largest and most prestigious options available nationwide. With more affordable tuition than the program at UNC Chapel Hill, the school seems a better fit for entrepreneurs who are looking to start their careers with as little debt as possible. The overall reputation and instructional quality of the school, which often ranks in the top 5 online MBA programs in U.S. News and World Report, is also top-notch.The Kelley MBA can be completed in as little as two years, though part-time students might take as long as three years to finish the required coursework. In addition to the typically broad MBA core curriculum, Kelley students can opt for an entrepreneurship concentration that spans 9 or 12 credit hours. The program's central focus is on the mechanics of actually starting and growing a business, with a significant focus on the economic, strategic, and human resources implications of a growing firm. 1.Temple University Consistently ranked as the best online MBA program in the United States, Temple University's MBA program is also highly regarded by U.S. News and World Report for its track record of producing successful entrepreneurs. The university offers a specialization in entrepreneurship as part of its MBA program and operates an Innovation and Entrepreneurship Institute at the main campus in Philadelphia. This institute is focused on both guiding students toward entrepreneurial success and researching entrepreneurship itself.Temple's program, which benefits from partial state funding and keeps tuition low, lasts just over two years on a part-time basis. Full-time students can complete the 48-credit-hour program in just 18 months. The program is broken down into several components: leadership, accounting, statistics, and a "carousel" of general business classes and elective credits. A capstone course in enterprise consulting gives students either hands-on or simulated experience in an executive role. All told, Temple's focus on research, cutting-edge online instruction, prestige, and value, make it easily the best choice for entrepreneurs and all other MBA applicants.​Related Articles 20 Best Online Masters in Supply Chain Management​Top 20 Masters In Project Management Degree Programs​​​​10 Best Online Masters in Non-Profit Management​​​​Top 20 Online Sports Management Masters Degree Programs​​​​25 Best Masters in Organizational Leadership​​​​20 Best Online Masters in Finance Programs​​​20 Best Online Masters in Accounting Degree Programs​Top 15 Masters in International Business Degree Programs​​​

Tuesday, May 19, 2020

Essay about The Pride of Othello - 926 Words

The Pride of Othello nbsp; nbsp; In Shakespeares Othello, Othellos pride prevents him from finding the truth, eventually leading to his demise. Initially, Othello and Desdemona are deeply in love, despite her fathers disapproval of their marriage. However, when Othello promotes Cassio instead of Iago to Lieutenant, Iago has his revenge by convincing Othello that Desdemona cheats on him with Cassio, destroying the marriage between Othello and Desdemona. Othello grows to meet his downfall when his trusted friend Iago causes him to think that his wife Desdemona is unfaithful. nbsp; In the beginning of the play, Othello and Desdemona have a strong relationship. When others interfere with their marriage, Othello†¦show more content†¦/ [Duke:] If you please, / Bet at her fathers. / [Brabantio:] Ill not have it so. / [Othello:] Nor I. / [Desdemona:] Nor I (I.iii.254-262). Even in time of war, Othellos and Desdemonas love holds true. They cannot stand living apart for a long period of time. Brabantio also knows that Desdemona will only show her loyalty to Othello, so he would rather have her away with Othello than home with him. Much later, Othello and Desdemona again show each other their love. Othello plans revelry for the evening in celebration of the defeat of the Turks and in celebration of his marriage to Desdemona. Once the celebration begins, Othello leaves Cassio on guard and departs to consummate his marriage: Come, my dear love, -- / The purchase made, the fruits are to ensue; / The profits yet to come `tween me and you (II.iii.9-11). Othello only wishes for the best from his new marriage with Desdemona. He shows no sign of any desire for anything bad to happen. Othellos and Desdemonas marriage stays free of problems because their love for each other stays strong. nbsp; However strong Othellos and Desdemonas marriage seems, it begins to deteriorate as a result of Othellos self-pride. At first, Iago convinces Othello that Desdemona is unfaithful. Iago suggests to Othello that Desdemona slept with Cassio. Iago uses a handkerchief given by Othello to Desdemona that he got Emilia to get for him as his proof againstShow MoreRelatedEssay on Pride in Oedipus and Othello1727 Words   |  7 PagesPride in Oedipus and Othello   Ã‚  Ã‚  Ã‚  Ã‚  In literature, the tragic heroes Oedipus and Othello allow the pride they have to cause their own demise by putting too much emphasis on the lives they have created for themselves. Oedipus, who blinds himself after finding out he has killed his birth father and married his birth mother, refuses to believe he has truly fulfilled his fate because he is so proud of what he has accomplished since he left Corinth. Othello demonstrates his pride by believing thatRead MorePower of Love in Othello and Pride and Prejudice1908 Words   |  8 PagesCompare and contrast how Shakespeare and Austen present the power of love in Othello and Pride and Prejudice. In order for love to be true it must come from both sides equally. Its power will not be strong enough to overcome all obstacles if its foundation is not pure. In Pride and Prejudice, Austen paints a portrait of the power of love as merely unbreakable whereas Shakespeare arguably portrays it as weak and vulnerable. Both Shakespeare and Austen use dialogue as a tool for the constructionRead MoreEssay on Pride and the Tragic Hero in Oedipus Rex and Othello1217 Words   |  5 PagesPride and the Tragic Hero in Oedipus Rex and Othello   Ã‚  Ã‚   Pride is one of the seven deadly sins. Most proud people will never consider themselves to be truly proud until they come face to face with the consequences of their pride. Sophocles and Shakespeare both address this dilemma in their plays Oedipus Rex and Othello. Through their nobility, their tragic flaws, the fall these flaws cause, and the suffering and wisdom they derive from these falls, Oedipus and Othello reveal the true characterRead MoreEssay on The Tragic Hero in William Shakespeare ´s Othello617 Words   |  3 Pagesprominent to be Othello. In Othello, we find a number of tragic flaws two including pride and ambition. In William Shakespeare’s play, Othello, pride and ambition are used to identify the outcomes for the main characters in the play when seeing the resolution of the play, perceiving those who survive and those who don’t, and considering each character’s role in the turn of events. Pride and ambition are shown in Othello, the tragic hero, and in Iago, the villain. Othello shows pride throughout theRead MoreShakespeare s Othello As A Tragic Hero1517 Words   |  7 Pages Some may wonder, who is Aristotle and why does he label Shakespeare’s play, Othello, as a tragedy? Aristotle is a famous Greek philosopher who defines Shakespeare’s character, Othello, as a tragic hero. Many parts in Othello tell the readers that the play is a tragedy, such as jealousy, arguing, and death, which makes the play famous and delightful to read. Aristotle has identified many common traits or characteristics that a tragic hero requires. In Shakespeare s play, Aristotle defines manyRead MoreIs It Power of Words Which Destroy Othello or His Own Hubris?1714 Words   |  7 PagesIs it power of words, which destroy Othello or his own hubris? Othello is one of Shakespeare’s finest plays, as it concentrates on a courageous’ general’s demise, physically and mentally. It could be argued that Othello bought his destruction on himself, by allowing himself to be poisoned by â€Å"Honest† Iago’s fluent rhymes of lies. However I will argue that it is infact his hubris, his overwhelming pride which infact causes his inevitable demise. Harmatia is a term which was developed by AristotleRead MoreOthello, By William Shakespeare1599 Words   |  7 Pages William Shakespeare’s 16th century play Othello is a duplicitous and fraudulent tale set alternatingly between Venice in act 1, and the island of Cyprus thereafter. The play follows the scandalous marriage between protagonist Othello, a Christian moore and the general of the army of Venice, and Desdemona, a respected and intelligent woman who also happens to be the daughter of the Venetian Senator Brabantio. Shakespeare undoubtedly positions the marriage to be viewed as heroic and noble, despiteRead MoreExploring the Causes of the Tragedy of Shakespeare ´s Othello1014 Words   |  4 Pagesunfavorable circumstances. In the play Othello, William Shakespeare uses the literary device characterization in sequence to convey that Othello’s tragic flaw is the main reason that brings Othello to his downfall --- death. The causes of the tragedy of Othello are Othello’s gullibility to Iago, jealousy of Desdemona’s affair, and male pride. To begin, one factor that causes Othello’s downfall is that he is characterized by gullibility. Firstly, Othello is tricked by Iago, who leads him to believeRead MoreThe Seven Deadly Sins Of Othello1086 Words   |  5 PagesThe Seven Deadly Sins of Othello Throughout church history, the Seven Deadly Sins, or Seven Mortal Sins as they are also known, have been seen as those that threaten everlasting life. In early times, a list was help for the people who could not read (Douglas). One cannot help but to see these sins throughout the drama of Othello. Christians in the past used the seven deadly sins to instruct on how to live a holy life and to show how easily we are inclined to a sin nature. Shakespeare incorporatesRead MoreOthello, By William Shakespeare Essay1424 Words   |  6 Pagesand often without defining lines. Can instinct alone impair our reason, or can a third deadly emotion mar all? In â€Å"Othello†, Shakespeare bids us look at some ugly facets of the human psyche and how what is beautiful and good can be twisted and destroyed in the name of self-interest and damning pride. Instinct and reason conflict in Othello in various ways; chiefly between what Othello knows to be true about Desdemona and the twisted lies Iago tells to stifle his intellect. Iago, an embittered soldier

Wednesday, May 6, 2020

Media Violence Essay - 967 Words

Media Violence Violence is used in many ways in promos as a hook to draw viewers into the program. That is because violence is an effective promotional device. But severe permanent damage could be done to the children’s minds by such pornographic and sadistic material, in which detail is powerfully realistic. The increasing demand of comics, the wide use of the Internet, and viewing television are the main forms of media, which have caused people’s minds to perform violence. First of all, comics play an important role in the promotion of Media Violence. The comics were universally condemned. They were badly produced, on poor paper with cheap print. They were full of sadistic violence, horrific obsession with death, lustful†¦show more content†¦She died in that incident. Comics come with illustrations that consist of violent scenes that make comics even more believable. The deceived reader tends to mix reality and fantasy, and without realizing it, he or she tends to long for his or her hero in time of need, when the only person who can help achieve and solve his or her problems is himself or herself. They lack independence and confidence. Furthermore, satire comics have the tendency to send the wrong messages to the public. Political figures use comics to ensure their success in the elections. By this, they are hoping to gain extra support from the public. This also causes conflict as the satire most probably affects and insults the opposition, resulting in violence. Besides that, the Internet, a growing form of media, contributes to media violence in today’s society. People, who view pornographic content in the Internet, increase their sexual appetite and tend to fantasize about sex-related activities. Such explicit material affects almost everyone. Their need for sexual pleasure increases their desire to have sex. Sometimes, when the viewer is really disturbed, lonely and frustrated, they need to satisfy their appetite so they indulge in rape. Since the Internet is such a large-scale network, which is accessible to a lot of people, messages can be spread at great speed with a touch of a button. Racists and supremacist groups have discovered this and are making fullShow MoreRelatedMedia Vio lence And The Media Essay864 Words   |  4 PagesExposure to the media violence may be especially problematic in late adolescence. Television and other media play a major role in adolescent socialization and identity development by providing perspectives, values, ideologies, and behavior models (Arnett G., Roberts D. et al.). The socializing role of television in particular may be ampliï ¬ ed by the large amount of time young people spend with this medium. Speciï ¬ cally, 18- to 24-year-olds spend more time watching television and movies than youngerRead MoreMedia Violence1535 Words   |  7 Pagesat looking at the potentially harmful effects of the consumption of violent media and the impact it has on psychological factors. Two psychological factors that have been researched are empathy and aggression and how violent media influences these two emotions. Theories that have tried explaining the pathway from the viewing of violence in media and the impact on aggression have gen erally focused on the role of violent media being used by consumers as observational learning and promoting the developmentRead MoreMedia Violence and Violence in Society1059 Words   |  4 Pagesprogramming contains some violence, there should be more and more violent crime after television is available† (Freedman). Many suggest the violence in media is causing violence in society but then how is it that violent crimes are actually decreasing in the United States. The violence that is occurring is actually due from the mentally ill, poor parenting, and the location of where one lives in society. Violence has actually decreased over the decades even though media has more violence than ever beforeRead MoreViolence in Mass Media594 Words   |  2 PagesViolence in Mass Media Violence is everywhere and in everything from what we see to what we hear. Today’s society has become acquainted with the violence in video games, tv shows, movies, and music since it is everywhere but many have become too attached to this violence and brought it to real life. Many assume that getting rid of this violence is essential to a more passive and peaceful society but there are more benefits to the portail of violence that society sees today. One of the key itemsRead MoreMedia, Violence, And Violence Essay1892 Words   |  8 Pageswould be the media. Media and violence are both very wide and broad concepts that have massive impacts in our society, and it is important to distinguish their relationship with each other. The types of media are things such as violent video games, films, newspapers, magazines and television. One particular type of media that is often very problematized is violent video games. Different studies have shown convincing and unconvincing correlational in regards to the media and violence, but to whomRead MoreMedia, Violence, And Violence Essay1949 Words   |  8 Pageswould be the media. Media and violence are both very wide and broad concepts that have massive impacts in our society, and it is important to distinguish their relationship with each other. The types of media are things such as violent video games, films, newspapers, magazines and television. One particular type of media that is ofte n very problematized is violent video games. Different studies have shown convincing and unconvincing correlational in regards to the media and violence, but to whomRead MoreThe Effects Of Media Violence On Behavioral Violence916 Words   |  4 PagesEffects of Media Violence on Behavioral Violence in Young Adults in America The influence of mass media has progressively increased in American society, but can the media have effects beyond mere entertainment and impartial information? American culture has become saturated with online news reports, social media, and media entertainment. Technology has become a major factor in America’s social environment. Much of the information gained from digital sources involves or portrays violence, and manyRead MoreMedia Violence And Its Effects1057 Words   |  5 Pages Media violence exposure has been investigated as a risk factor for aggression behavior for years. The impact of exposure to violence in the media the long term development and short term development of aggressive behavior has been documented. Aggression is caused by several factors, of which media violence is one. Research investigating the effects of media violence in conjunction with other predictors of aggression such as; environmental factors and dysfunction within the family household,Read MoreThe Effects Of Violence On The Media1550 Words   |  7 PagesThe effect of violence in the media is a big controversy; some say it affects are society and others say that there is not any proof of this. There are many theories on how violence in media does, and how it does not, affect our society. Many people claim watching television or even playing video games will affect children’s or young adults’ minds. Researches claim that they found no evidence of change in aggr essiveness in children or young adults while playing video games. Researchers allowed childrenRead More Media Violence Essay1684 Words   |  7 Pageswhether it is right for their child to have access to this sort of violence: the kind found in most video games, television shows, and movies all over the world. But honestly, does it make a difference in the child’s development as a productive member of society, and if so, can a parent really do anything about it? These are the questions that researchers of the subject hope to answer conclusively In order to understand how media violence has an effect on children, different variables must first be examined

Transactional Leadership and Development †MyAssignmenthelp.com

Question: Discuss about the Transactional Leadership and Development. Answer: Introduction Leadership is a broad term, and it can be defined as the act of leading a group of individuals in a certain direction. Additionally, it can also be defined as a position or a state of being a leader (McCleskey, 2014). Leadership entails developing a clear vision then sharing the vision with other people in order for them to follow it willingly. It also involves giving the information, skills, and ways to realize the provided vision as well as balancing and coordinating the conflicting interests of individuals and all stakeholders (Inclusive leadership, 2017). This paper seeks to review deeply my reflection on leadership studies and how I can apply it in my organization from what I have learned in class. As I was growing up, all I knew about leadership was that it is a state of being a leader and it started with my family where I viewed my father as the leader of the house by the way he used to give instructions. Notably, I associated everyone giving instructions and rules as a leader including my teachers, prefects and being in this class has taught me that I was not wrong. Additionally, I have learned that not everyone can become a leader since there are traits that leaders should have in order to lead. Leaders can be defined as people who commands or leads others in a country or an organization. Being in a leadership class has widened my thoughts, and I have come to learn about leadership traits, theories as well as leadership styles. My leadership definition has changed, and I can define leadership as a state of leading people using different leadership traits and styles. Being in leadership class has helped me to learn about the characteristics that leaders should have in order to serve people and lead them in the right direction. Effective leaders should be emotional stable such that they have the ability to tolerate frustrations as well as stress (Raes et al., 2013). They should be psychologically prepared that anything can happen as they are leading and they should be mature enough to tackle these challenges. Additionally, leaders should express enthusiasm, and they should be expressive, active and energetic in their work. They should be open to any changes that come their way and be very optimistic to ideas. The leader should lead by example because everyone they lead tends to follow what they do thus they should be self-disciplined (Hotez Aksoy, 2017). Leaders should be tough-minded such that they are logic, practical, and straight to the point. If a leader does not like a particular aspect of a group, he or she should be open and straight to the point to state it in order to prevent conflict. He should be confident and show a sense of self-assurance . They should not try to prove anything to the group, and they should be free of guilt (M. H. Anderson Sun, 2017). I learned that leaders should be brave and creative such that they are able to come up with new ideas and skill. Additionally, I have learned about leadership styles in this class. There are different leadership styles such as autocratic leadership where it is centered on the manager or the boss. The leader does not consult anyone subordinate while making decisions, but instead, he does it on his own. Such leaders make decisions and then communicate the decisions to their subordinates and expect quick implementation (H. J. Anderson, Baur, Griffith, Buckley, 2017). Democratic leadership is where the leader consults other members whenever they want to make a particular decision in an organization. This style of leadership makes all members feel that they are part of the organization and they appreciate it so much. Transformational leadership is all about bringing change in the firm, oneself, groups, and others (Hoch, Pearce, Welzel, 2010). These leaders motivate the subordinate to do a lot compared to what they can perform or even think. They set more challenging goals for the organization, and they end up achieving higher performance. Additionally, they tend to have committed as well as satisfied members since they empower them to do they work in an extraordinary manner. Laissez-faire leadership provides authority to the members. People are permitted to work as they choose with little or no interference (Prestia, 2017). Learning these traits is of benefit to my organization because I can lead in the right way. Additionally, I am able to correct where I make mistakes, and I can come up with new ideas in the company which help the firm grow in a positive manner. I have learned that in order for an organization to grow, the leadership style that a leader uses in the firm matters a lot. For me, I am a transformational leader because I realized that this style of leadership makes employees work harder than they do before and they are able to get out of their comfort zone in the workplace. Additionally, I am able to come up with new goals which are challenging but not complicated, and employees are able to achieve them at the right time. Being a transformational leader has helped me maintain the same employees for a long time because I give them a chance to show their skills and knowledge in different departments where each one of them works in and therefore able to grow. Additionally, these employees hav e a chance to speak out their decision about an aspect, and I also give them room to express their feelings whenever they feel something is not right. Leading my employees using this style of leadership has helped my organization develop and grow greatly since objectives are met at the right time and employees always come to work without fail as they are motivated to work in my organization. Leadership studies have a positive implication for my future in my organization because I tend to learn something new and fresh in this class whenever I interact with my fellow students and employees. Additionally, the implication is that leadership studies will help me become more innovative and introduce more ideas which will help my organization grow. Additionally, I will also be able to understand more ways in which I can determine a qualified employee in the process of interviewing and hiring new workers. I need to learn more about how a leader can serve employees without favoring some of them. In other words, in my organization, some employees complain that the manager has a habit of favoring employees who are obedient and those who hit their goals at the right time. I understand that this habit can be dangerous and it can affect employees in a great way and decide to perform their work in a slow way because they might not feel motivated. According to equity theory of motivatio n which was developed by Adams John, stated that people are always motivated to work whenever there is fairness in the workplace (Chapman, 2001). If one worker realizes that the manager favors a certain group of employees, they might feel demotivated to perform their task. The theory states that the boss should treat employees equally with fairness. Again, the level of the hard work of the employees should be equal to the way they are rewarded (Gagn Deci, 2005). For instance, the employer should give a reward which is equivalent to their input. At the same time, this behavior can encourage those employees who are not hitting their targets at the right time to work harder so as to impress the manager. I will develop my leadership knowledge by teaching my other business partners and leaders on how to lead in their organizations in the right way. I will also empower my employees and teach them on how to be good leaders since my organization allows employees to start something new on their own. Having realized that many organizations fail because of poor leadership styles, I will teach people about this style of transformational leadership in order for them to see whether their companies can have a change and grow positively. I will use my knowledge to encourage them to portray good leadership traits and lead by example in their firms. I will train them on how to be open-minded and introduce new ideas in their company in order for their employees to be challenged to work while meeting challenging goals. Additionally, since most leaders do not know how to motivate their workers, I will teach them how to motivate employees using rewards, promotions, and praises as I do in my organizati on. My developmental opportunities are in my organization and other businesses which I intend to start in future. I believe that I will be able to apply the knowledge gained in class practically when I start my new business. Notably, I believe that since I have gained a lot of knowledge in leadership studies, I can hold conferences and seminars to teach people about leadership because the style of leadership mostly manners in an organization. Additionally, my developmental opportunities are my employees, and therefore I should treat them in an appropriate manner so that they can use their knowledge and skills to improve my firm. Also, I believe in the power of rewards in an organization, and I hope to introduce more ways for rewarding employees whenever they perform their work and hit the organizations targets at the right time. I trust that my organization has not reached where I have always wanted, and I look forward to improving where it needs improvement by learning how to determine a qualified employee during interviews. I have always fallen into the trap of hiring employees who as less qualified my most of my interviews are question-answer interviews. My plan is to start interviews which involve practical skills. Additionally, I will introduce new methods of rewarding employees such as giving them free trips and bigger promotions. Conclusion In conclusion, learning new ideas can never stop since technology keeps on changing and I believe that after college I will still learn how to be a good leader through the internet. I will also be attending seminars which talks more about leadership in order to benefit my organization. Since I have learned about leadership in my class, I will use my knowledge by teaching my other business partners and leaders on how to lead in their organizations in the right way. I will also empower my employees and teach them on how to be good leaders since my organization allows employees to start something new on their own. My leadership definition has changed, and I can define leadership as a state of leading people using different leadership traits and styles. Being in leadership class has helped me to learn about the characteristics that leaders should have in order to serve people and lead them in the right direction. References Anderson, H. J., Baur, J. E., Griffith, J. A., Buckley, M. R. (2017). What works for you may not work for (Gen)Me: Limitations of present leadership theories for the new generation. Leadership Quarterly. https://doi.org/10.1016/j.leaqua.2016.08.001 Anderson, M. H., Sun, P. Y. T. (2017). Reviewing Leadership Styles: Overlaps and the Need for a New Full-Range Theory. International Journal of Management Reviews, 19(1), 7696. https://doi.org/10.1111/ijmr.12082 Chapman, A. (2001). adams equity theory - workplace motivational theory - how individuals measure inputs and outcomes in relation to market norms and referents. Retrieved from https://www.businessballs.com/adamsequitytheory.htm Gagn, M., Deci, E. L. (2005). Self-determination theory and work motivation. Journal of Organizational Behavior, 26(4), 331362. https://doi.org/10.1002/job.322 Hoch, J. E., Pearce, C. L., Welzel, L. (2010). Is the Most Effective Team Leadership Shared? The Impact of Shared Leadership, Age Diversity, and Coordination on Team Performance. Journal of Personnel Psychology, 9(3), 105116. https://doi.org/10.1027/1866-5888/a000020 Hotez, P. J., Aksoy, S. (2017). Will a new 2017 global leadership commit to NTDs? PLoS Neglected Tropical Diseases, 11(3). https://doi.org/10.1371/journal.pntd.0005309 Inclusive leadership. (2017). Nursing Management. https://doi.org/10.7748/nm.24.3.12.s12 McCleskey, J. A. (2014). Situational, Transformational, and Transactional Leadership and Leadership Development. Journal of Business Studies Quarterly, 5(4), 117. Retrieved from https://ezproxy.leedsmet.ac.uk/login?url=https://search.ebscohost.com/login.aspx?direct=truedb=edbAN=96783710site=eds-livescope=site Prestia, A. S. (2017). The art of leadership diplomacy. Nursing Management, 48(4), 5255. https://doi.org/10.1097/01.NUMA.0000514068.76314.4d Raes, E., Decuyper, S., Lismont, B., van den Bossche, P., Kyndt, E., Demeyere, S., Dochy, F. (2013). Facilitating team learning through transformational leadership. Instructional Science, 41(2), 287305. https://doi.org/10.1007/s11251-012-9228-3

Wednesday, April 22, 2020

Krispy Kreme Essay Example Essay Example

Krispy Kreme Essay Example Paper Krispy Kreme Essay Introduction Krispy Kreme Doughnuts, Inc. FIN Professor XXX XXXX Month xx, xxxx History Krispy Kreme was founded by Vernon Rudolph after he purchased the famous secret recipe of yeast-raised doughnuts in 1937 from a French chef in New Orleans. Rudolph began to sell these doughnuts wholesale to supermarkets. The demand for his doughnuts grew quickly, and by cutting a hole in the wall of the factory to sell directly to customers the concept of Krispy Kreme retail stores was born. The retail concept for Krispy Kreme doughnuts allowed Rudolph to grow his factory stores to 29 shops in 12 states by the late 1950’s. When Rudolph died in 973 Beatrice Foods bought his company and expanded it to more than 100 locations and expanded the menu to include soups and sandwiches. Beatrice tried to reduce costs by changing the appearance of the stores and using cheaper ingredients. This negatively affected the company and Beatrice sold the company to a group of franchise owners. This group of owners was led by Joseph McAleer, who was the first Krispy Kreme franchisee. The leveraged buyout was completed for $24 million in 1982. The new group brought back the original recipe and logo. By 1989 the group was almost debt free and they were beginning to expand. The company CEO, Scott Livengood, took the company public in April of 2000. The share price after the first day was $40. 63. Holes in Doughnut Accounting Practices In May of 2004 Krispy Kreme announced to its investors that they should expect earnings to be 10% lower than predicted. It was at this time that the low-carb diet had taken the U. S by storm, and Krispy Kreme blamed this low-carb diet for their low wholesale and retail sales. Krispy Kreme Essay Body Paragraphs They also announced the sales of a the Montana Mills bakery chain of 28 bakery cafe’s that had been acquired in January of 2003 for $40 million in stock. Krispy Kreme also announced that the Hot Doughnut and Coffee Shops were falling short of expectations and three of them were closing at a cost of $7 to $8 million. Krispy Kreme (KKD) stock price closed down 30% that day. Shortly after on May 25th, 2004 when the Wall Street Journal published a story about how Krispy Kreme handled is accounting for franchise acquisitions. According to the article Krispy Kreme recorded the interest paid by the franchisee as interest income for immediate profit, except that Krispy Kreme booked the purchase cost of the franchise as an intangible asset and did not amortize it. In the repurchase agreement of the 7 stores in Michigan, they allowed one of the franchises top executives to stay on with the company after the repurchase. This executive left the company shortly after closing the deal, and had to pay him $5 million in severance which Krispy Kreme also rolled into the unamortized-asset category. Krispy Kreme claimed it followed GAAP standards and had done nothing wrong. The final shoe to drop as on July 29th, 2004 when Krispy Kreme announced that the Securities and Exchange Commission (SEC) had launched an informal investigation related to â€Å"franchise reacquisitions and the company’s previously announced reduction in earning guidance†. Krispy Kreme (KK) shares fell another 15%. The revelations about the companies accounting practices and showing interest as immediate income and not amortizing the repurchased franchises but rather showing them as intangible assets alone could justify the devaluation of their stock price by approx. 45%. Couple their earnings decline and the announcement of store closings and it easily can be justified. Couple that with the fear of the unknown. If Krispy Kreme was treating their interest and reacquired franchises as they were which seems to be blatantly wrong, what else might the SEC find during their investigation? This fear would certainly drive investors away and their share price down. The facts along with its ratings being dropped by 50% of analysts to â€Å"Hold† from â€Å"buy† a few months earlier. Krispy Kreme Deep Fried and Possible Deeper Issues Krispy Kreme grew incredibly quickly in the years leading up to the nvestigation (as shown in the chart below) and then may have tried to meet Wall Street expectations through some questionable practices such as shipping more product or pulling ahead product orders, then allowing the orders to be returned shortly after for credit. â€Å"Testimony by a former sales manager at a Krispy Kreme outlet in Ohio, said a regional manager ordered that retail store customers be sent double orders on the last Friday and Saturday of the 2004 fiscal year, explaining â€Å"that Krispy Kreme wanted to boost the sales for the fiscal year in order to meet Wall Street projections. The witness said the manager explained that the doughnuts would be returned for credit the following week – once fiscal 2005 was under way† (Chin, 2005). It seems pretty clear that Krispy Kreme was using questionable methods to inflate profits. Investors also later found out that Scott Livengood (CEO), the former COO John W. Tate, and the former CFO Randy Casstevens, â€Å"unloaded more than 475,000 shares of Krispy Kreme stock for proceeds of $19. 8 Million†, (Chin, 2005) while they were fully aware sales were declining since January of 2003. During this investigation, Scott Livengood, Krispy Kreme’s CEO announced his retirement. It would seem to me that there may be some deeper issues with Krispy Kreme and if I were a shareholder I would want out, or to be certain that Krispy Kreme’s accounting mess was cleaned up. The chart below shows Krispy Kreme’s performance during the years leading up to the investigat ion. Krispy Kreme Re-made Fresh Today Krispy Kreme’s stock has not fully recovered, (see chart below), but as of the end of 2012 Krispy Kreme seems to have made a comeback. â€Å"Krispy Kreme Doughnuts, Inc. Krispy Kreme) is a retailer and wholesaler of doughnuts complementary beverages and treats and packaged sweets. The Company’s principal business is owning and franchising Krispy Kreme stores, at which a variety of doughnuts, including the Company’s Original Glazed doughnut, are sold and distributed together with complementary products, and where a broad array of coffees and other beverages are offered. As of January 29, 2012, there were 234 Krispy Kreme stores operated domestically in 38 states and in the District of Columbia, and there were 460 shops in 20 other countries around the world. Of the 694 total stores, 292 were factory stores and 402 were satellites. The Company operates in four segments: Company Stores, domestic franchise stores, international franchise stores, and the KK Supply Chain† (â€Å"Krispy Kreme Doughnuts†). As of close of business on Friday last week KKD traded at $14. 80, way below its heyday when the stock traded in the $40’s but it is double its all-time low. Krispy Kreme doughnuts (KKD as of March 22, 2013 When compared to its competitors Krispy Kreme’s P/E is 49. 33. This is much higher than the others but its P/S is in the middle. Krispy Kreme’s competitors are listed as Dunkin’ Brands Group, Einstein Noah restaurant Group, and Starbuck Corporation. Below is the direct competitor comparison. Direct Competitor Comparison| | | KKD| DNKN| BAGL| SBUX| Industry| Market Cap:| 989. 57M| 3. 94B| 253. 09M| 42. 99B| 384. 28M| Employees:| N/A| 1,104| 6,912| 160,000| 10. 87K| Qtrly Rev Growth (yoy):| 0. 16| -0. 04| -0. 04| 0. 11| 0. 30| Revenue (ttm): | 435. 84M| 658. 18M| 427. 01M| 13. 66B| 453. 84M| Gross Margin (ttm):| 0. 17| 0. 79| 0. 21| 0. 57| 0. 31| EBITDA (ttm):| 47. 93M| 304. 86M| 48. 46M| 2. 46B| 47. 5M| Operating Margin (ttm): | 0. 09| 0. 38| 0. 07| 0. 14| 0. 07| Net Income (ttm):| 20. 78M| 108. 18M| 12. 74M| 1. 43B| N/A| EPS (ttm):| 0. 30| 0. 93| 0. 74| 1. 86| 0. 78| P/E (ttm):| 49. 33| 39. 95| 20. 01| 30. 87| 29. 99| PEG (5 yr expected):| 1. 02| 1. 58| 0. 98| 1. 43| 1. 50| P/S (ttm):| 2. 24| 5. 96| 0. 59| 3. 13| 1. 04| | | | | Suggestions for a Krisp/Klean Future Making Doughnuts I three things I might suggest if I were the CFO for Krispy Kreme doughnuts would be to insure open communication with investors and insure them that internal auditing systems are in place. I’m sure that investors lost all trust in the previous management because of the questionable practices that were followed. Krispy Kreme needs to rebuild that trust by having open lines of communication with its investors. I would take a serious look at closing unprofitable stores, and research other markets to open more stores. Some areas may still be underperforming whi le others are booming. Concentrate on the areas that show better potential and take advantage of that market while it is supporting growth. Because their competitors seem to offer expanded menus I would concentrate on healthy choices for the lunchtime crowd. Everyone is aware of Krispy Kreme’s doughnuts, but I’m not so sure their other menu items are well known as an option for lunch/brunch. Other than the morning rush for doughnuts, they could make their stores more profitable with being the †go toâ€Å" spot for lunch also. References Chin, N. (2005). Krispy Kreme Dougnuts: Empty calories or empty profits? Retrieved from http://www. corporateconflicts. com/index-sb-cases-kk. html Krispy kreme doughnuts. (n. d. ). Retrieved from http://www. google. com/finance? client=obq=NYSE:KKD We will write a custom essay sample on Krispy Kreme Essay Example specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Krispy Kreme Essay Example specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Krispy Kreme Essay Example specifically for you FOR ONLY $16.38 $13.9/page Hire Writer