Saturday, May 23, 2020
Meditation for Stress Reduction - Free Essay Example
Sample details Pages: 3 Words: 776 Downloads: 8 Date added: 2019/08/16 Category Health Essay Level High school Tags: Stress Essay Did you like this example? During class there is always discussion about what people do to cope with stress, and this is something that varies for everyone. After reading through a few articles on the Internet I came across one that stood out to me in particular about a Harvard neuroscientist, Sara Lazar. The title of the article is Harvard neuroscientist: Meditation not only reduces stress, heres how is changes the brain. Donââ¬â¢t waste time! Our writers will create an original "Meditation for Stress Reduction" essay for you Create order What I enjoyed about this article was it was an interview between the author and scientist going back and fourth over a series of questions. In the first few lines of the article Lazar discuses how she was training for the Boston marathon and do to a few injuries was told from a physical therapist that is would be best to take a break from running and stretch. She talked about how she then began to practice yoga and quickly realized how it was surprisingly very beneficial. But the few lines that stuck out to me personally were, The yoga teacher made all sorts of claims, that yoga would increase your compassion and open your heart. And Id think, Yeah, yeah, yeah, Im here to stretch. But then I started to notice I was calmer. These few lines caught my attention because I been in the same situation when I had to go to physical therapy and what I believed were pointless little exercise ended up being tremendously beneficial. This article was written by Brigid Schulte, the director of the Better Life Lab at New America and the author of Overwhelmed: Work, Love and Play when No One has Time. Schulte is known as a journalist and author who writes for publications that include The Washington Post, Slate, Time.com, the Guardian and many more. This article as I mentioned before was more written as an interview where Schulte went back and fourth with Sara Lazar a neuroscientist at Massachusetts General Hospital and Harvard Medical School. Lazar happened to be one of the first scientists to take the claims about the benefits of mediation and mindfulness and test them in brain scans. Between both backgrounds from these very intelligent women, many of the questions that were brought up and information within the article I believe is very informal for readers. As I read through the article, I was fascinated how Lazar did her research to prove her point about how meditation not only reduces stress but also can change your brain. A few key points in the reading were how she conducted her research, what she found, and how long the process of meditation takes before changes began to show. Lazar had conducted two different types of studies, the first was long term mediators vs. a control group, the second by taking a group of people whod never meditated before, and put one group through an eight-week mindfulness-based stress reduction course. The first study seemed to have gone as predicted, long term mediators have an increased amount of gray matter in the insula and sensory regions, the auditory and sensory cortex. Which to me makes senses, those people I feel show less stress and tend to be more aware because they are clam and relaxed. The second study for those who went through the eight-week course of meditation is where they found signs o f the brain changing over a period of time. During that eight weeks they noted thickening in four regions. Those four regions includes the posterior cingulate (mind wandering, self relevance), the left hippocampus (learning, memory, emotional regulation), the temporal parietal junction (perspective talking, empathy, compassion) and the pons (where regulatory neurotransmitters are produced.) All four of these regions in just eight-weeks had shown change! Additionally the amygdala (the fight or flight area of the brain) had gotten smaller through the mindfulness-based reduction program. Based on Lazar study additional to meeting once a week for meditation, participants were asked to meditate once a day at home for roughly 40 minutes. Overall I found this article incredibly interesting because it changed the way I thought about stress. By that I mean how important it is to take a small period of the day to just relax and do something that you feel is stress free. I feel inspired to try a meditation class! She also made clear for meditation that its important to find a good teacher Because its simple, but complex. You have to understand whats going on in your mind. A question that did come to mind was, aside from meditation because it may not be for everyone, what additional exercises may also show change in those four regions if practice for a period of time?a
Monday, May 18, 2020
John Proctorââ¬â¢s in The Arthur Millerââ¬â¢s Play - Free Essay Example
Sample details Pages: 2 Words: 602 Downloads: 3 Date added: 2019/05/31 Category Literature Essay Level High school Tags: The Crucible Essay Did you like this example? A play ending in tragedy can seem like a pessimistic choice, but a characterââ¬â¢s noble sacrifice can actually provide a hopeful outlook on the state of humanity. This is certainly the case with John Proctorââ¬â¢s death at the end of Arthur Millerââ¬â¢s play The Crucible. Where others would shy away and save themselves, Proctor gives it all in service of a greater cause. The lead-up to Proctorââ¬â¢s self-sacrifice is first developed early on in the play, with his internal conflict. In the first two acts, the audience is informed of how this conflict affects his relationships and self-image. He is introduced as ââ¬Å"a sinner against his own vision of decent conduct,â⬠showing even before his first line that he is a moral man haunted by some past impropriety (Miller 21). He projects his guilt onto others, such as when he tells his wife, Elizabeth, that heââ¬â¢ll ââ¬Å"not have [her] suspicion any more,â⬠seeing her harmless comments as disparaging him (57). However, she was not casting judgement on him, ââ¬Å"the magistrate [that] sits in [his] heartâ⬠was (57). Donââ¬â¢t waste time! Our writers will create an original "John Proctorââ¬â¢s in The Arthur Millerââ¬â¢s Play" essay for you Create order As the story progresses, Proctor continues to struggle with his guilt, and is unable to see himself as a good person. He laments his moral failure, seeing his false confession as yet another expression of his inherently evil nature. To him, only the good are worthy enough to sacrifice their lives for some cause greater than themselves, and he is not among them. He tells Elizabeth that ââ¬Å"nothingââ¬â¢s spoiled by giving them this lie that were not rotten long before,â⬠his previous transgressions preventing him from doing what he sees as right (143). He sees himself giving a false confession as ââ¬Å"evil,â⬠and that it is ââ¬Å"goodâ⬠¦ that [he does] it,â⬠due to his own fraught self-image (147). Proctor stumbles along this path of self-debasement, and continues to do so until he forgives himself of his improprieties. This allows him to do what is right in his mind, and sacrifice himself for something greater, as is the privilege of the morally righteous. Proctorââ¬â¢s conflict is resolved at the end of Act Four by him forgiving himself, allowing him to follow his moral ideals once more. Here, he has an epiphany of sorts and realizes he must forgive himself in order to move on and do what he believes is right. This is a crucial part of his inner conflict, the turning point where he finally ââ¬Å"see[s] some shred of goodnessâ⬠in himself and therefore allow him to sacrifice himself for the truth (151). If one reads at a surface level, it might seem like Proctorââ¬â¢s decision was ill-conceived. Reverend Hale believes that death is the wrong choice, one that Proctor is making to protect his pride. Hale says that life is ââ¬Å"Godââ¬â¢s most precious gift,â⬠and that throwing it away is ââ¬Å"vanityâ⬠(138, 152). However, Haleââ¬â¢s objections are misguided and faulty, and are out of step with Proctorââ¬â¢s own moral framework. To Hale, good people are meant to obey Godââ¬â¢s most important commandment and respect all life. But to Proctor, the good have the privilege of giving up their lives for others, in service of a cause greater than themselves. Haleââ¬â¢s call for Proctor to save his life would require him to give up his newly found goodness, and go back to a life of self-loathing and lamentations. That would be an impossible choice. Hale asks ââ¬Å"what profit [Proctor] to bleed,â⬠the answer being that ââ¬Å"he have his goodness now [and] G od forbidâ⬠it be taken from him, for a life without his goodness would be an unlivable one (152).
Tuesday, May 12, 2020
Weekly Teacher Parent Communication Through Newsletters
In the elementary classroom, parent communication is a critical part of being an effective teacher. Parents want, and deserve, to know whats going on in the classroom. And, more than that, by being proactive in your communication with families, you can avoid possible problems before they even start. But, lets be realistic. Who really has the time to write a proper newsletter each week? A newsletter about classroom happenings may seem like distant goal that will probably never happen with any regularity. Heres a simple way to send a quality newsletter home each week while teaching writing skills at the same time. From experience, I can tell you that teachers, parents, and principals love this idea! Each Friday, you and your students write a letter together, telling families about what happened in class this week and whats coming up in class. Everyone ends up writing the same letter and the content is directed by the teacher. Heres a step-by-step guide for this quick and easy activity: First, pass out a piece of paper to each student. I like to give them paper with a cute border around the outside and lines in the middle. Variation: Write the letters in a notebook and ask parents to respond to each letter over the weekend. At the end of the year youll have a diary of communication for the entire school year!Use an overhead projector or chalkboard so that the kids can see what youre writing as you do it.As you write, model to the kids how to write the date and greeting.Make sure to tell the students to address the letter to whoever they live with. Not everyone lives with a mom and a dad.Ask for input from the kids about what the class did this week. Say, Raise your hand and tell me one big thing we learned this week. Try to steer the kids away from reporting only fun things. Parents want to hear about academic learning, not just the parties, games, and songs.After each item you get, model how you write it into the letter. Add a few exclamation points to show excitem ent.Once youve written enough of past events, youll need to add a sentence or two about what the class is doing the next week. Usually, this information can only come from the teacher. This also gives you an opportunity to preview for the kids about next weeks exciting activities!Along the way, model how to indent paragraphs, use proper punctuation, vary sentence length, etc. At the end, model how to sign off the letter properly. Tips and Tricks: Early finishers can color in the border around the letter. Youll find that, after the first few weeks, the students will get quicker at this process and you wont need to set aside so much time for it.Tell the kids that theres no excuse for incorrect spelling in their letters because youve written everything for them to see.Make a copy of each letter and, at the end of the year, youll have a complete record of each weeks highlights!Perhaps as kids get used to this process, you will decide to allow them to write the letters independently.You may still want to supplement the weekly newsletters with your own monthly or bi-monthly newsletter. This teacher-produced letter can be lengthier, meatier, and of greater scope. Have fun with it! Smile because you know that this simple Guided Writing activity helps kids to hone letter-writing skills while you accomplish an important goal of effective parent-teacher communication. Plus, its a great way to recap your week. What more can you ask for? Edited by: Janelle Cox
Wednesday, May 6, 2020
Corruption And Corruption Of Corruption Essay - 1313 Words
Introduction There are millions of people who are affected by the corruption by the leaders these have made a major impact corruption is one of the biggest global issues. Corruption can take place anywhere it can take place on sport games, countries, Bank and politics. Today corruption can start and cause war corruption can be seen in different ways people today are giving money to cops and business man to do dirty work for them which is called bribery. What is Corruption? Corruption is the misuse power which is used by the politics wrongly Corruption may include many activities including bribery, war, fraud and injustice. There are mainly three important corruptions that are going around our world one of them are petty corruption this seems to be a small corruption Petty corruption has affected the whole corporate in Greece, Petty corruption includes inside the use of money the extortion money the money which is paid to the police or any other person to avoid the penalties and fines. According to the www.transparency.org.nz in the 2011 survey, the petty corruption has been amounted to be à £ 554 million globally. The petty corruption is at increasing rate which means its increasing day by day. This corruption impacts Greece the most that had to cost in millions for this small bribe. The second type of corruption is Grand Corruption is corruption that pervades the highest levels of a national Government, leading to a broad erosion of confidence in good governance, the ruleShow MoreRelatedCorruption Of Corruption And Corruption1445 Words à |à 6 Pagesfunction today? Why has corruption not constantly and consistently fallen and proved to be an inadequate way to rule? The role of corruption in todayââ¬â¢s countries has proven to be weak, yet has held as a way of life for many around the world. As money and greed increase worldwide, the desire for these things increases as well. Learning what works, and what doesnââ¬â¢t is essential to the upkeep of many co untries and their well-being. Does the increase of the amount of corruption in a country decrease theRead MoreCorruption And Corruption Of Corruption1421 Words à |à 6 PagesIn local government there is a common trend of officials bending the rules in order to attain a political goal. Therefore, an overlapping concept that lingers in multiple governments is political corruption. Political corruption can be defined as the use of powers by government officials for illegitimate private gain. Like all forms of American government, structure extends in a top down manner within the federal beltway (NY, DC and large players). Consequently, parallel patterns are reflected beyondRead MoreA Speech On Corruption And Corruption863 Words à |à 4 PagesSpecific Purpose: I will familiarize the audience about corruption. Thesis Statement: It is not easy to define corruption, but it is mostly concerned with bribery and its forms. Corruption is a global phenomenon that has progressively increased and is now rampant in our society. INTRODUCTION I. ââ¬Å"Power does not corrupt. Fear corruptsâ⬠¦perhaps the fear of a loss of power.â⬠ââ¬â John Steinbeck. II. Corruption is the abuse of power or position to achieve a personal gain illegally. Think about all theRead MoreThe Corruption Of Police Corruption1484 Words à |à 6 Pagespolice officers, police corruption has become a major topic. Police officers seem to be making more questionable and unethical decisions according to the media. With these questionable actions, the idea that police officers are corrupt has been a steadily growing opinion. I will be focusing this literature review on the history of police corruption, mostly in major cities/countries; the nature of police corruption; the ethics involved in law enforcement; causes for police corruption and finally possibleRead MorePolice Corruption And Corruption1538 Words à |à 7 Pagesaround for as long as the police have, is corruption. Police corruption has been defined as the abuse of police authority for personal gain (Police Corruption and Misconduct. Wests Encyclopedia of American Law, edition 2. 2008. The Gale Group 4 Dec. 2017) . Corruption can be as limited as one officer, or can be group of officers as well. There is the rotten apple theory, which attempts to explain police corruption and where it comes from. While all corruption fits under abuse of authority, there areRead MoreCorruption Of Indi Corruption1511 Words à |à 7 PagesCorruption in India Corruption is not a new phenomenon in India. It has been prevalent in society since ancient times. History reveals that it was present even in the Mauryan period. Great scholar Kautilya mentions the pressure of forty types of corruption in his contemporary society. It was practised even in Mughal and Sultanate period. When the East India Company took control of the country, corruption reached new height. Corruption in India has become so common that people now are averse to thinkingRead MoreCorruption And Corruption Essay1016 Words à |à 5 Pagesfinancial harm on many American citizens. Corruption connects to poverty with the rich, it has a major affect on the economic growth, and it targets the ones who know they canââ¬â¢t help themselves. What Iââ¬â¢m trying to do with this paper is to change corruption-making rehabilitation financially viable. Corruption gathers/builds images to make it seem like people are getting rich by it but itââ¬â¢s all lies. The government wants people to think that the corruption and poverty is something good but it reallyRead MoreCorruption And Corruption Of India2702 Words à |à 11 PagesIndia the second most populated country in the world, is badly affected by corruption. This paper analyses the serious problem of the corruption, how did it evolve, areas affected by corruption, causes of corruption and how to combat corruption. Corruption is one of the largest element to be found in most parts of the India. No individual can be free from it, there is no area which is free of corruption. It emphasizes that lack of transparency, morality, accountability and consistency as well asRead MoreCorruption1225 Words à |à 5 Pagesdifferent perspective and influence is very powerful. What do I mean by this? I mean as I went through blogs online about the movie there were several people who think tha t many of the precincts in New York City are corrupt. Now Iââ¬â¢m sure there is corruption in the New York police system but you know what, itââ¬â¢s everywhere as well. Not just New York. Blogging is a new system online now for people to put down their thoughts and feeling about things and itââ¬â¢s a very depressing thing to read sometimes. EveryRead MoreCorruption1154 Words à |à 5 PagesEffects of Corruption in Multinational Corporationââ¬â¢s [Student name] [Professorââ¬â¢s name] [Course title] [Date] Introduction Corruption can be defined as a spiritual or moral deviation from an ideal. Corruption come in different styles and that include bribery and funds embezzlement. Corruption has been the number one menace in many countries of the world. It impacts countries in many ways, impacting economy and development in a negative way. Corruption tends to raise the cost of government
The Causes lead to healthy life Free Essays
The Causes lead to healthy life People should always look after themselves, so we worry about crime and accidents, natural disasters and many other things, but what we donââ¬â¢t realize is that sometime we can be our own worst enemy. Our lives could be so much easier if we lead a healthy lifestyle. There are countless benefits in many areas. We will write a custom essay sample on The Causes lead to healthy life or any similar topic only for you Order Now First of all we can establish that a healthy lifestyle by following a good diet, sleeping well and exercising. By following a good diet will helps to maintain our weight as eating well. Eating the wrong food, or simply over-eating, will lead to weight gain, and all the problems associated with it. Most people who lose weight with fad diets gain it right back again when they go back to their normal eating patterns. With a healthy diet that we maintain for life, we will lose that weight once and maintain it long term. In addition following a good diet helps we meet our nutritional needs. Our daily food intake should include some amounts of grain, fruit, vegetables, dairy and protein. The vitamins and minerals in healthy foods can boost our immune system and protect us from many common illnesses. In some cases, by eating a healthy diet can actually reduce the risks with such serious diseases as cancer and diabetes. Furthermore, there is another aspect of healthy living that should be sleeping well for the most part we all consider sleep as a good thing to do , but we donââ¬â¢t really know how this activity benefits us; for one sleeping helps you repair your body, while we are asleep our body produces extra molecules that help mend the body so that the damage we suffer during the day from things such as stress , pollutants, sun exposure and so on, is repaired while we are off to dreamland. In addition, sleep helps to improve our memory; namely, when people do not have enough sleep, they cannot concentrate well the next day and have problems forming memories, researchers believe that during sleep, neurons can shut down and repair any damage done during the day. So without these repairs, the neurons may not function correctly causing us to feel drowsy and unable to concentrate enough to retain information in our brain. Likewise having good sleeping habits results in reducing our levels of stress, for instance, a good nightââ¬â¢s sleep can lower blood pressure and the elevated levels of stress hormones which are a natural result of todayââ¬â¢s fast paced lifestyle, there are physical effects of stress on your body, and an increase in the aging and degeneration of organs, cells and other body parts. By reducing high levels of stress, sleep helps to reverse these effects and encourages a state of relaxation. Pretty amazing thing this sleep isnââ¬â¢t it? And itââ¬â¢s something most of us take for granted. Last but not least, another important aspect of a healthy lifestyle is exercising, and this is something we all know and have been told ever since we were children! , but as time goes by people change, habits change. In no way are kids today even close to practicing the amount of physical activity that children practiced 30 years ago, and this is really a regrettable thing since there are many benefits to exercising; just to name a few we have how exercise helps improving your mood, due to the chemicals it releases in the brain called endorphins, it gives you an overall feeling of well-being, This is the same chemical that being in love or eating chocolate induces! Youââ¬â¢ll also look better and feel better when you exercise regularly, which can boost your confidence and improve your self-esteem. It is believed that regular physical activity can even help prevent depression. Moreover, sleeping well can aid when battling chronic diseases such as heart diseases, osteoporosis, or even diabetes and cancer. Likewise exercising can even help you sleep better, if you have trouble sleeping you should try exercising a few hours before going to bed, you? l be tired enough from the workout so you wonââ¬â¢t turn in your bed all night long unable to sleep; just make sure you donââ¬â¢t do it immediately before going to bed otherwise it may have the opposite effect and get you all hyped up! With so many great reasons to exercise, thereââ¬â¢s nothing more to say, except: ââ¬Å"Get moving! â⬠In any case the good news is you donââ¬â¢t have to train like an Olympic athlete, eat like a nutritionist or sleep all day long to enjoy the benefits of a healthy lifestyle. The secret is in repeating a chosen healthy pattern as a part of your daily or weekly activities. After all a healthy lifestyle is a way of life. How to cite The Causes lead to healthy life, Essay examples
Case of Kakadu Tourism Services Pty Ltd â⬠MyAssignmenthelp.com
Question: Discuss about the Case of Kakadu Tourism Services Pty Ltd. Answer: Issue There are two issue which have been identified in relation to the case Whether an argument can be made by the car finance company with respect to having a valid mortgage over the office of Kakadu Tourism Services Pty Ltd (KTS) Whether the mortgage over the house owned by KTS can be enforced by Easy Loan Bank through relying on the assumptions provided in Section 129 of the Corporation Act 2001 (Cth). Rule Section 124 of the CA deals with the legal capacity of the company in relation to getting into a transaction. As per the section the law provides the capacity to the company to get into a transaction like an individual person. As per section 125 of the Act the power of the company to get into a valid transaction cannot merely be restricted if the constitution of the company does not allow such transaction. A transaction can be valid even it has been prohibited by the constitution of the company. In the case of Lion Nathan Australia Pty Ltd v Coopers Brewery Limited (2006) 59 ACSR 444 it had been ruled by the court that the constitution of a company is has to be interpreted broadly in order to determine the powers of the company. In this case the court used the section 125 of the CA to provide that act outside the scope of the companys constitution are also binding on it. According to the provisions of section 126 of the Act the power of a company in relation to a particular transaction can be carried on by an individual who acts on behalf of the company through its express or implied authority even if the common seal of the company is not used. In the case of Royal British v Bank v Turquand (1856) 119 ER 886 it had been provided by the court that it is the right of an outsider to assume that the internal rules of the organizations have been complied with anyone using the authority of the company to get into a transaction. Section 128 of the Act provides a third person to make assumptions in relation to the company. The section provides that if a person has power under section 129 of the Act to make an assumption the company cannot provide the assentation that the assumption made by such person is not valid. An assumption can be made by a person with respect to a transaction with another person who provides to have acquired title of the companys property in a direct or an indirect manner. In such situation also the third person or the company cannot provided in the court that the assumptions are not valid. Even if an agent or officer of the company had forged a document or have acted fraudulently the assumptions under the section can be made. In case a person knew or suspected an assumption to be incorrect they cannot rely on the assumptions under section 129. In the case of Northside Developments Pty Ltd v Registrar-General (1990) 170 CLR 146 the court ruled that In case a person knew or suspected an assumption to be incorrect they cannot rely on the assumptions with respect to dealing with the company. A person under section 129 of the Act has the right to assume that in relation to the transaction the replaceable rules and constitution of the company has been complied with. In addition a person has the power to assume anyone with respect to the information provided by the ASIC available to the public to be a company secretary or the director of the company and also assume that they have been appointed in a proper manner and have the right to perform the powers which a normal director would have. A person also has the right to assume that a director or officer of the company have performed their duties properly. In the case of Brick and Pipe Industries Ltd v Occidental Life Nominees (1992) 10 ACLC it was ruled by the court that when dealing with the company an outsider has the right to make more than one assumption in relation to the person acting on behalf of the company. The same concept had also been used in the case of Advance Bank Australia v Fleetwood Star Pty Ltd (1992) 10 ACLC 703. An individual can think that a paper has been properly executed by the organization in case the document apprehends to be signed in compliance with section 127(1) of the Act. In relation to the assumption it can be assumed by the person that any person who has signed the paper are the sole director and company secretary of the company. Application In the given case it had been provided that Mary and John who are married are the shareholders and directors of the company Kakadu Tourism Services Pty Ltd (KTS). The purpose of the company was in relation to tourism business. Marry occupies a house which is owned by the company and John has moved out of the house as their marriage has broken down. Mary does not have active participation in the functioning of the company. A sports care has been purchased by John which is worth $80000. The payment has been done through a finance lease with respect to KTS. A mortgage over the office building has been provided as a guarantee for the finance lease to the Car finance company. In this case even through the purpose of the company is related to tourism services, section 125 of the CA would allow such transaction to be valid in relation to the company. Thus the transaction cannot be held ultra-virus with respect to the company. In addition section 126 provides that any person who has expressed or implied authority in relation to the company can get into a transaction on behalf of the company. In the given case John being the director of the company has authority to enter on transactions on behalf of the company thus the dealing with the Car finance company can be further stated to be binding on KTS. It has been claimed by Mary that the car was personal asset of John, however as per the above discussed rules John had the power to bind the company to a contract with any their party and thus the car finance company also has the right to mortgage the companys office because of non-payment. In addition it has been provided that John had entered into a deal with Easy loan Bank for borrowing $200000 and mortgaging the house which is occupied by Mary without telling this to her. The mortgage had been secured as John stated that he is the director of the company and his son Michael is the Company secretary. According to the provisions of section 127 of the CA a company can give effect to any document if it has been signed and witnessed by one director of the company and the company secretory. It had been provided by John to the Bank manager that Mary has resigned as the company secretary and the new company secretary of the company is Michael. The act was also not approved by the board as provided by the constitution of KTS. Section 129 of the CA provides that an outsider can make certain assumption in relation to the dealing with a company. Firstly the person has the right to assume that in relation to the transaction the replaceable rules and constitution of the company has been complied with. Thus in this case even when the constitution of the company provides the contrary the bank has the right to assume that the constitution had been complied with in relation to the transaction. Secondly, a person also has the right to assume that a director or officer of the company have performed their duties properly therefore the bank has the right to assume that the John has complied with his duties in a proper manner. Thirdly in relation to the execution of a document if a person provides that he is the director or company secretary of the company the third person has the right to assume that the person actually is the director or company secretary of the company. However it has been provided clearly by section 129 (6) that if a person had knowledge of an information being incorrect they cannot make assumptions under this section. There was no documentation available with the ASIC which could derive the conclusion that Mary is no longer he Company secretary of the company or Michael is the new Company Secretary. In addition it is the duty of a third person to make further inquiry with the ASIC in relation to the directors and secretaries of the company which had not been done by the bank. Thus it can be provided that the bank does not have the right to rely on the assumptions provided in section 129 as they did not make further inquiries in relation to Michael being the secretary with the ASIC. Conclusion The deal between the Car finance company and KTS is binding and valid. The Bank cannot claim assumptions under section 129 of the CA. References Advance Bank Australia v Fleetwood Star Pty Ltd (1992) 10 ACLC 703. Brick and Pipe Industries Ltd v Occidental Life Nominees (1992) 10 ACLC Corporation Act 2001 (Cth) Lion Nathan Australia Pty Ltd v Coopers Brewery Limited (2006) 59 ACSR 444 Northside Developments Pty Ltd v Registrar-General (1990) 170 CLR 146 Royal British v Bank v Turquand (1856) 119 ER 886
Friday, May 1, 2020
Business of Petroleum Companies for Woodside- myassignmenthelp
Question: Discuss about theBusiness of Petroleum Companies for Woodside. Answer: Introduction The following study analyzes three different global petroleum companies namely Woodside, Chevron and Petro China. The analysis has been done on the basis of the business operations of these companies. The following companies have been strategically selected to make sure that they come from different regions of the world. The selected companies are there from different parts of the world namely USA, China and Australia. The selection of the companies from the different regions of the world has been done to identify the different strategies of the organizations in different areas. The following study will clearly sort out the different ideas regarding the business operations, strategies and the financial considerations of these corporations. Company Portfolio Chevron Corporation Chevron Corporation is an American multinational energy corporation that has its headquarters in California and has its operations spread in 180 different countries in the world. The company has annual revenue of around $140 billion (chevron.com 2018). Apart from producing and exporting petroleum the company has also alternative energy manufacturing facilities where they produce solar power, wind power, geothermal energy, bio-fuel and many other such similar products. Current Assets and Developments The company owns a number of different assets that makes them one of the topmost companies in the oil sector. The company owns a number of subsidiaries and has also stakes and shares in many of the different oil companies of the world. Apart from this it owns a large number of oil fields and has a number of strategic oil reserves. Financial Summary Chevrons operations is spread over 180 different countries in the world and thus it can be truly said to be a global company. The annual revenue of the company is slated to around $141.722 billion. The company has a net oil production of 2.6 million barrels per day and a reserve capacity of around 11.1 million barrels of proven reserves. The total sales revenue of the company stands at a huge amount of $110.2 billion with its assets amounting to $260.1 billion. A table showing the financial summary of the company is provided below; Income Statement 2017 Revenue US$ 141.722 billion Operating Income US$ 2.480 billion Net Income US$ 9.195 billion Total Assets US$ 265 billion Total Equities US$ 148.124 billion Strategic Direction The management of Chevron Corporation has been dedicated to continue generate different industry leading operational and financial results and advancement of important projects to drive the future growth of the organization as well as the countries where it operates. The rise in the energy demands of the world has driven the strategies of the mentioned oil company of America. The compelling growth profile of the organization, combined with the fall in the spending levels of the capital is believed to be the extreme catalyst for the creation of strong and compact strategic values for the companies ahead (Forsgren 2017). The upstream portfolio of the mentioned organization leads the following industry in quality and breadth. The management of the company has formulated the particular strategy to plan a disciplined investment approach and have been constantly involved in management of the portfolio to increase the value of the shareholders of the company. Thus the company strategies hav e been formulated in the perfect way to achieve the best results in the industry. The mentioned company has also formulated a downstream policy where the production is dedicated for residential purpose, supplying to the companies, petrochemicals supply and also supply to small or large business concerns. Both the upstream as well as downstream policy are important for the effective strategy of the business. Advantages and Disadvantages Advantages Disadvantages The company ranks 63rd in annual brand finance report and is the 5th largest oil company of the world A number of legal issues are being faced by the company in different countries Integration of producing, refining and then selling products Poor financial projections for the coming years. Massive geographic presence across 180 countries of the world The rise in debts has been another major disadvantage for the company. The debt of the company has reached around $ 40 billion from $ 28 billion in a span of just one year. 11.2 million barrels of oil reserves which is one of the largest. It has 48485 productive wells The implementation of new technologies by other companies have been a disadvantage for Chevron Summary The management of Chevron Corporation has been a driving force for the oil economy of USA. The presence of the company in almost every part of the world is an added advantage for them as they export their products in these countries and earn a huge amount of revenue which in turn is utilized for their productive growth. The management however needs to overcome some of the main disadvantages to attain the topmost position in the oil sector. Woodside Petroleum Limited The mentioned company is Australias largest oil and gas company. It is not only the only dedicated oil and gas producing company in the island continent but also its largest operator. The company is listed in the Australian Securities Exchange and has its headquarters in Perth, Western Australia (woodside.com 2018). Current Assets and Developments The main assets of the company include the number of facilities in Australia as well as in other parts of the world. This includes Development projects in USA, Canada, Myanmar and many more such areas. Other assets include exploration facilities in Peru, Morocco, Senegal, Canada and many more as such. Financial Summary The Australian oil company produced huge amount of oil in the year 2016 and created a new record surpassing the earlier one by producing a huge amount of LNG and also by achieving healthy amount of sales of the following product. According to the financial reports of the company the annual revenue of the company in the year 2017 stood at $4075 million and net income figured out at more than $850 million (Dissanayake, Nayana, Bo and Peng 2015). The shareholders of the organization earned an amount of more than 100 cents from each of the share of the company. Strategic Direction The main strategies of the company include the increase in the production level and also to speed up the different developmental projects of the world. Among the most important strategy which is believed to be the topmost priority of the organization is the operational clearance for the Wheatstone LNG facility and also to concentrate on the key focus areas to be the best company of the world (Jin et al. 2016). Its exports or the upstream strategy is mainly to a number of Asian and African countries along with supplies to New Zealand. The company is the largest supplier of domestic fuel in the island continent and has largescale operations that have its wings spread across the length and breadth of the mentioned country. Advantages and Disadvantages Advantages Disadvantages Leading market position in Australia helps to secure a sustainable and competitive position Legal problem regarding land acquisition Largest producer of LNG in Australia Increase in the production from shale plays is a disadvantage for the organization High quality strategic assets in different areas of the world Huge operating risks associated with exploration and production of oil and gas in Australia Summary The management of Woodside Corporation has plans to implement the best strategies to keep up with the upward growth and demand of oil and other petroleum products like Shale and Natural Gas. The optimization of the existing assets of the company along with the proper commercialization of the products is important for the growth of the business. Petro China Petro China Limited is one of the largest oil companies of the world and the largest among the various oil producing companies in China (petrochina.com 2018). The company is listed in Hong Kong stock exchange, Shanghai stock Exchange as well as New York stock exchange. The company has its headquarters in Beijing China and produces a number of different oil and petroleum products apart from producing oil. The other products include Lubricants, Natural Gas, Shale, LNG and many other such different items (Caineng et al. 2016). Current Assets and Developments The assets of the company include the large number of oil mines and factories another development centers in China and Asia as well as in different areas of the world (petrochina.com 2018). Financial Summary The financial summary of the mentioned company is quite impressive in nature which can be seen in the table below; Characteristics 2016 Revenue 1.616 trillion Chinese Yuan Net Income 7.8 billion Chinese Yuan Operating Income 60.6 billion Chinese Yuan Total Assets 2.396 trillion Chinese Yuan Total Equity 1.372 trillion Chinese Yuan Strategic Direction The mentioned Chinese company has based its strategy on the maximization, diversification and proper replacement of different hydrocarbon resources that adheres to the principles of attachment of equal importance to oil and gas that helps to increase the exploration of the domestic resources as well as the increase in the investment to acquire facilities outside China (Subhankulova et al. 2015). The management of the company also has a proper internationalization plan in the offing which will surely make them one of the best in the business (Jin et al. 2016). The company supplies refined oil and fuels to facilitate transportation in China. It is believed to be the driving force of the nation. The company has extensive operations involving exploration, mining, digging for oil in various countries of the world. The company exports oil as well as is the largest supplier of different kinds of fuels for use in the households as well as for commercial purpose. The aim of the company is to manufacture the secondary fuels from oil and then market it for use in the future (Forsgren 2017). Advantages and Disadvantages Advantages Disadvantages Controlled by the China National Petroleum Company Cost of different hazards to the environment and cost of taking precautionary risk is a huge challenge for the Management of the organization Huge scope of Operations as it is the biggest producer in China Decline in the operations of China Presence of Huge number of employees which is over 500,000 is a big form of advantage for the organization The biggest disadvantage lies in the controversy surrounding the Western gas to East Pipeline project controversy Summary The following report has clearly highlighted the stature of Petro China in Asia as well as the world. It has aims to increase its production and act as a driving force to the economy of China. However the recent incidents related to oil spill and other major accidents has led the company to huge losses. The management must take the appropriate actions to take care of the following and lead towards prosperity. The three companies as mentioned in this report have their own base of operations and a different form of project execution. Among the mentioned three Chevron Corporation and Petro China are the largest in stature and they have the resources to be the worlds best in terms of global oil production. However it can be seen some common problems involving scandals, accidents and debts has crippled the management of the industries and have acted as a barrier to their smooth growth. However the exploration, extraction and production of substitute oil products like shale gas, LNG have p aved the way for the changing paradigm of the companies towards a more bright and innovative future References "Woodside Energy | Home."Woodside.com.au. N.p., 2018. Web. 10 Apr. 2018. Caineng, Zou, Yang Zhi, Pan Songqi, Chen Yanyan, Lin Senhu, Huang Jinliang, Wu Songtao et al. "Shale gas formation and occurrence in China: an overview of the current status and future potential."Acta Geologica Sinica (English Edition)90, no. 4 (2016): 1249-1283. Chevron Policy, Government and Public Affairs. "Chevron Corporation - Human Energy."chevron.com. N.p., 2018. Web. 10 Apr. 2018. Dissanayake, Nayana, Bo Xia, and Peng Wu. "Measuring sustainability performance within the Australian energy industry." InProceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate, pp. 135-143. Springer, Berlin, Heidelberg, 2015. Forsgren, Mats.Theories of the multinational firm: A multidimensional creature in the global economy. Edward Elgar Publishing, 2017. Jin, Liu, Du Jianping, Peng Yunhui, Zhou Zhi, and Petrochina Zhejiang Oilfield. "Shale Gas Drilling and Completion Technologies in Jingmen Area of Dangyang Synclinorium."Unconventional Oil Gas2 (2016): 013. Lima-de-Oliveira, Renato, and Timothy Sturgeon. "From Resource Extraction to Knowledge Creation: Oil-Rich States, Oil Companies and the Promotion of Local RD." Petrochina"Petrochina.com.cn. N.p., 2018. Web. 10 Apr. 2018. Rincn, Luis E., Monica J. Valencia, Valentina Hernndez, Luis G. Matallana, and Carlos A. Cardona. "Optimization of the Colombian biodiesel supply chain from oil palm crop based on techno-economical and environmental criteria."Energy Economics47 (2015): 154-167. Subhankulova, Rimma, Kirill Furmanov, and Natal'ya Ivanova. "Assessing Comparative Advantages in Operating and Capital Expenditures of Oil Producing Companies." (2015): 271-289.
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