The P90x Exercise Developed by Tony Horton - 664 Words

Is P90X The Right Workout For You? Developed by fitness professional Tony Horton, the P90X workout is a 90 day exercise regimen known for its intensity and fast results. Since its release in 2004, the P90X workout has become a best-selling product for multi-national corporation BeachBody, grossing approximately $500 million by August 2012. Nevertheless, the question that remains: Is this workout is right for you? What makes it different from other workout regimens, what are the pros and cons of this program? What makes P90X different from other workout regimens? Perhaps the thing that makes this regimen different from others is the intensity. The program uses a technique called muscle confusion. This prevents muscle groups from becoming accustomed to a particular type of movement, allowing for a more effective workout. P90X Fitness Test The makers of the P90X suggest users do a pre P90X fitness test. Doing this will help participants determine their fitness level as well as strengths and weaknesses. Pull-ups, squats and bicep curls are just a few of the things assessed. There is also a day one and day ninety comparison/progress checker. P90X Ninety-Day Workout Regimen The makers recommend the user workout about an hour a day, six days a week. There are 12 DVDs included in the P90X kit. Each DVD focuses on the following muscle groups: Back and Chest, Abs, Shoulders and Arms, Legs and Back. There are Plyometrics and Yoga workouts as well. There

London as a Tourist Destination - 5587 Words

For my report on a destination in the UK, I have chosen to do London. I chose London because it is the Capital City of England and because of its enormous range attractions to see and things to do such as see the London dungeons to go on the London eye, it attracts hundreds of thousands of people. Tourist Generating Areas (TGA) These are areas of the world where people originate from and go on holiday else where, such as London, USA and Japan. The figures of tourists coming to London in 2002 are as follows In my assignment I will be linking London to my chosen 3 generating areas ï  ¶ My UK destination will be Manchester ï  ¶ My European destination will be Paris ï  ¶ My worldwide destination will be New York. Transport†¦show more content†¦So firstly to get from Paris to Sangatte you start on the N1 and then follow the road until you get to the A16 follow that road all the way until E402 then turn off onto the D243 then get on the D215 then carry straight on until the D940 and you carry on into Sangatte. Then once you arrive in Folkestone you then take the A2034 then turn off at the M20 carry straight on until the A20 carry on then turn off at the A205, take the A23 then carry on until you reach Central London. Another way of travelling by rail is by using Eurostar, where as the shuttle runs from Calais in France to Folkestone in the UK, Eurostar connects the station Gare de Nord in Paris to Waterloo Station in London, this means you get from Paris to London much easier in one train journey rather than from Calais to Folkestone and then having to travel more. The Eurostar also uses the Channel tunnel to get from Fran to the UK but this service takes about 2hours 35 minutes. Although this journey is longer than the first one, in the long run it may be a quicker solution and effectively be quicker overall as it takes you from where you want to go to exactly where you want to go in one journey. Air There are flights available from the two airports in Paris Charles de Gaulle and Beauvais-Tillà © Airport to the main 5 London Airports which are London Luton, London Heathrow, London GatwickShow MoreRelatedEnhancing the Tourist Destination: An analysis of the Official Tourism Website of Indonesia1378 Words   |  6 Pagesdevelopment depends on language use and how to construct and define the tourist experience and destination images. As Boyer and Viallon (1994) discovered that it is not so many destinations which is integrally touristic but rather the language use creates them be touristic. 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There were many servants originally working in this house. The current restaurant and cafà © are located in the original servants’ hall. It has been rented by many tenants for accommodation purposes. Originally

Computer Security Breaches

Question: Discuss about the Computer Security Breaches. Answer: Hyatt data breach According to Krebs (a popular cyber security analyst, 2016), any customer who used the services offered by Hyatt hotel between August and December 2015 is likely to have had their credit card data stolen. In fact, during this period unknown cyber criminals infiltrated the organisations 250 hotels across 50 different countries. An official statement by Hyatt Hotels Corporation further detailed the problem stating that majority of its payment systems were compromised by card stealing malware that targeted customers data. However, the said malware was precisely installed in the restaurants owned by the hotel with minimal intrusions detected in the other recreational facilities i.e. spas, shops, golf courses and parking (Krebs, 2016). Analysis of the Problem In an attempt to curb cyber security, many financial institutions are offering debit and credit cards that are incorporated with access chips. These access chips are meant to help retailers to track transactions through checkout systems that thoroughly read customers data off the said chips while maintaining cyber security compliance regulations (BITS, 2011). Similarly, Hyatt payment systems promoted credit and debit card payment where customer data was and is still encrypted in the existing chips. However, many of these cards shoulder little amounts of plain text data, stored in the magnetic stripes of the overall payment item. Therefore, when the cards are swiped in a transaction including fraudulent transactions, the data owned by the customer is placed at risk. Moreover, unlike in the past when data was primarily stolen off magnetic strips and replicated, Hyatts problem escalated beyond this basic rational where stolen data (plain text) was shipped to the United States and used t o make further security breaches (BITS, 2011). How was the data stolen The perpetrators installed data-stealing malware into Hyatt payment system, this was done using counterfeit cards which were used in certain managerial locations. Therefore, the cyber criminals first obtained customers card information, most likely through the magnetic strips which were then used as a loophole to access and infect Hyatt systems (Osborne Day, 2016). Moreover, the malware was designed to steal extensive records including; names of the cardholders, numbers, verification codes and the expiration dates. In all, these items were used by the organisation to confirm payment onsite at any given location. Therefore, with each transaction, the malicious program harvested credential information with minimal alerts to the staff or the management. Solutions First the loophole, despite the presence of encrypted chips most transaction cards (debit or credit) holds plain text data in the magnetic strips. This outcome exposes any organisation and its customers to security breaches. Therefore, by allowing customers to swipe the magnetic stripe exposes them to grave danger. A practical solution to this problem is to have chip readers within all the organisations facilities (Wattles, 2015). This provision eliminates the need for magnetic strips which are essentially used by criminal masterminds to steal the data they require. Furthermore, the said solution has seen tangible results are evidenced by the reduced counterfeit incidences in other G20 countries other than the United States who still fail to regulate the card liabilities (Krebs, 2016). Secondly, the organisation should instigate and stop intrusion through all targeted areas. In most cases hackers will use system vulnerabilities to carry out attacks, this includes malware, security liabilities and even personnel. On behalf of the system, the information technology department must develop prevention solutions that shut down the relevant vulnerabilities thus maintain an optimum level of security. For instance, password violations are a common phenomenon since most users will stick with default passwords. Advising customers to change the said passwords is a step in the right direction that minimises intrusion incidences (Symantec, 2011). Furthermore, in a case where a data breach is experienced such as the one seen in this case study, the organisation should in the future have detection systems that alert the administrators of possible data violations to prevent extended attacks. Hyatts systems were infected for more than four months without detection, which increased the severity of the problem. Moreover, these detection systems can identify and stop insider breaches that are caused by broken enterprise processes, for instance, an outdated antivirus. In addition to this, they automate security controls where security configurations on firewalls and even patch management are done with minimal input from the users. These functionalities introduced by detections systems can also be combined with event management systems to curb data breach incidences especially during outbound transactions where Hyatt systems were mostly affected (Prince, 2017). JPMorgan chase hack case In 2014, the renowned financial institution JPMorgan Chase experienced one of the biggest cyber-attacks seen in recent times. In the attack, accounts owned by both household users and small businesses were compromised. Moreover, the attack saw cyber criminals hack several computers within the financial organisation and the publisher of the financial institution. This hack allowed the perpetrators to access and steal customers personal information. In all, the attack is said to have affected more than 100 million loyal customers (Crowe, 2015). The Problem After a thorough assessment of the attack, JPMorgan revealed that the data breach targeted customer information such as contact details; names, addresses, numbers and email addresses. Moreover, the intrusion further compromised the organisations internal systems by collecting confidential data owned by the users. However, as stated by the organisation, the breach did not affect the customers financial records including the money they owned (Weise, 2014). This conclusion was provided because the details of account records were never affected by the attack including passwords, IDs, and social security numbers. Nevertheless, this information was completely contradictory with independent surveys done the New York Times that stated that the hackers obtained the highest possible level of administration within the institutions financial system. In essence, the cybercriminals had extended privileges on more than 90 servers owned by the bank. This access gave them the root control over the banks system including the transfer of funds, confidential information and the likelihood to close accounts. In a nutshell, the perpetrators could do whatever they wanted to do with the said system. Now, according to J. Thompson (2014), such attacks that have extended access but have zero money stolen are suspect to future attacks. Therefore, the hacker initially, intended to identify the organisation vulnerabilities for future exploits but were caught before proceeding with their extensive plan. The Attack Information is the most variable asset seen today and organisations such as banking institutions protect this asset with maximum security protocols including dynamic intrusion detection systems. However, the attack on JPMorgan system was started using a basic intrusion technique as compared to the sophisticated mechanisms thought by the public. To start with, the hackers stole an employees login information which was then used to access the system. After gaining access to the system, the hackers then used their newly acquired privileges to manipulate the pump and dump stock exchange schemes. This manipulation allowed them to generate lucrative deals on online financial proceedings such as online gambling which generated millions of dollars (Farrell Hurtado, 2015). Nevertheless, the root of the problem was stolen credential information that was later used to access the companys servers using computers in different locations throughout the world. Moreover, the criminals used the affiliate organisations owned by the institution to access their information. For instance, a website owned by a charity race hosted by JPMorgan was the first intrusion point. This cover up i.e. using affiliates and not the organisation itself, allowed the perpetrators to go undetected for an extended period of time (Goldstein, Perlroth and Corkery, 2014). Furthermore, the simple flaw was able to explain why other related organisations were unaffected by the security breach particularly at a time when controversial economic sanctions had been deployed by the United States. Prevention of the Attack From the analysis done on the security breach, it was clear that a simple flaw was the root cause of the problem unlike previously thought where experts proposed malicious bugs or Softwares sourced from the dark web. This kind of attack is easy to guard against as seen in other countless occasions. Many organisations the likes of JPMorgan invest heavily in computer security more so, on authentication and authorization, i.e. the access methods of this attack. Therefore, even though the attackers acquired login credentials of an employee, the security systems should have been able to detect and stop the violation. For one, a common practice seen today is the application of two-factor authentication mechanisms. In essence, institutions that host confidential information use different techniques to provide users access to their systems, these techniques verifies the identity of the user beyond resemble doubt. For instance, having acquired the login credential, JPMorgan should have genera ted a one-time access code for the user to access the system, this would have defiantly stopped the attack (TRC, 2015). However, the attack on JPMorgans system showcased a common problem seen in many organisation today, that of network vulnerabilities. As highlighted by many security experts, many organisation today fail to secure their systems at certain periods of the year when their focus is shifted to other crucial activities such as payment processes done during high turnover sessions. Moreover, this problem is aggravated by the acquisitions done by the organisations. These acquisitions make it difficult to integrate security systems owned by the parent company with those of the affiliate organisation and as a result of this weakness attacks are easily conducted through the weaker affiliate systems. A solution to this problem is to develop separate security measures for the acquired organisations, this ensures security is maintained prior to the integration (TRC, 2015). Nevertheless, despite the extensive challenges faced, organisations like JPMorgan whose annual returns surpass billions should employ basic if not sophisticated cyber security techniques. For instance, the multiple authentication techniques mentioned above where multiple factors are used to grant authority e.g. biometric, token and passwords must be used. Moreover, routine analyses should be done on existing systems through network management systems that evaluate transferred data packets for any alterations (Valdetero Zetoony, 2014). These simple security techniques could have prevented the attack on JPMorgans system even if the login credentials of one of its members was stolen. References BITS. (2011). Malware risks and mitigation report. Financial services roundtable. Retrieved 03 March, 2017, from: https://www.nist.gov/sites/default/files/documents/itl/BITS-Malware-Report-Jun2011.pdf Crowe. P. (2015). JPMorgan fell victim to the largest theft of customer data from a financial institution in US history. Retrieved 4 March, 2017, from: https://www.businessinsider.com/jpmorgan-hacked-bank-breach-2015-11?IR=T Farrell. G Hurtado. (2015). JPMorgan's 2014 Hack Tied to Largest Cyber Breach Ever. Bloomberg. Retrieved 4 March, 2017, from: https://www.bloomberg.com/news/articles/2015-11-10/hackers-accused-by-u-s-of-targeting-top-banks-mutual-funds Goldstein. M, Perlroth. N Corkery. M. (2014). Neglected Server Provided Entry for JPMorgan Hackers. Deal book. Retrieved 4 March, 2017, from: https://dealbook.nytimes.com/2014/12/22/entry-point-of-jpmorgan-data-breach-is-identified/ Krebs. (2016). Hyatt Card Breach Hit 250 Hotels in 50 Nations. Retrieved 4 March, 2017, from: https://krebsonsecurity.com/2016/01/hyatt-card-breach-hit-250-hotels-in-50-nations/ Osborne. C Day. Z. (2016). 250 Hyatt hotels infected last year with payment data stealing malware. ZDNet. Retrieved 4 March, 2017, from: https://www.zdnet.com/article/250-hyatt-hotels-infected-last-year-with-payment-data-stealing-malware/ Prince. K. (2017). 8 Ways to Prevent Data Breaches. IT business edge. Retrieved 4 March, 2017, from: https://www.itbusinessedge.com/slideshows/show.aspx?c=79585slide=9 Symantec. (2011). 6 steps to prevent a data breach. Retrieved 4 March, 2017, from: https://eval.symantec.com/mktginfo/enterprise/other_resources/b-6-steps-prevent-data-reach_20049431-1.en-us.pdf TRC. (2015). Data breach report. IDT911. Retrieved 03 March, 2017, from: https://www.idtheftcenter.org/images/breach/DataBreachReports_2015.pdf Valdetero. J Zetoony. D. (2014). Data security breaches; incidence preparedness and response. Washington legal foundation. Retrieved 03 March, 2017, from: https://www.bryancave.com/images/content/2/2/v2/2285/DataBreachHandbookValdeteroandZetoony.pdf Wattles. J. (2015). Hyatt Hotels data hacked. CNN tech. Retrieved 4 March, 2017, from: https://money.cnn.com/2015/12/23/technology/hyatt-malware/ Weise E. (2014). JP Morgan reveals data breach affected 76 million households. USA today. Retrieved 4 March, 2017, from: https://www.usatoday.com/story/tech/2014/10/02/jp-morgan-security-breach/16590689/

I wanna be yours by John Cooper Clarke Essay Example For Students

I wanna be yours by John Cooper Clarke Essay This poem has no deep meaning but only one of deep desire for some-one. It is quite a childish poem as It uses only very simple words, Is ungrammatical and uses childish rhymes. It also does not use grammatically correct words such as wan. It Is very Informal, Like what someone would say In a serenade to a person. This poem has a very strong central message with very little deep meaning. The central message is desire and about the amount of will people can have to love one ND another. This comes across very strongly because not many people would be willing to become household items for Just anyone, they would have to care for that person very deeply. The tone of this poem could go either way. The poem sounds very happy because it has a very strong rhythmic beat, almost like a song. However if read closely seems very sad because the speaker cares for this person so strongly and their love does not seem to feel the same It Is a poem of true desperation. The feeling In this poem stays the same all the way through because It Is a very repetitive poem. This poem makes you think about how loving someone so much that it hurts. The imagery you get when reading this poem is that it is a man speaking as he talks about doing household chores:- Vacuum cleaner. Which you wouldnt be worth writing about if it was a woman talking because the chores dont affect men. The image conjured in my mind when reading this mean is from the sasss:- electric heater. This would not be applicable now because we have central heating and so would not need an electric heater. I personally visualize women with perfect hair Like In Stafford Wives and men with top hats and golf umbrellas singing In the rain (but not using the umbrellas). There is no punctuation in sight in this poem. All the lines start with lower case letters and there are no full-stops or commas to break up the poem. This means the poem should be read quickly like the speaker is trying to rush his feelings out. It also ivies a informal rule-breaking poem. This is shown through out the poem by the slang and the fact that no developed vocabulary is used. This poem is very rhythmic. It has an easily obtained beat and has a cheerful tone even though some of the poem is depressed. There are also a lot of rhyming words which give a stronger beat and more laid back, light hearted approach. The l wan be yours at the end of every verse Is Like a short summary, almost a chorus. At the end there is a plea of someone trapped in a loveless relationship, a plight yours.

Teaching and Learning free essay sample

Cognitive Jean Piaget was a biologist when he started but by the time he was 21 moved to the development of children’s understanding, through observing them whilst he set them tasks. He has given us a better idea of how a child’s mind works and how they grow up. Cognitive theory is concerned with the development of a persons thought processes. It also looks at how these thought processes influence how we understand and interact with the world. When a child is born it goes through various stages of this development by understanding their environment from birth they can also process all the information around them using their developing thinking skills this then grows with age. People have always believed that there are 4 stages of cognitive development: * Sensorimotor stage. In infancy knowledge of the outside world is very limited but children learn through interacting with family and experiences when visiting other environments like the outdoors. We will write a custom essay sample on Teaching and Learning or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Pre-operational stage In early childhood your child will develop these skills and start to use more language and as the brain grows so will their memory, holding more information, they can then start to use their imagination through play. Although will still confuse fact with fiction. * Concrete operational stage In this stage, cognitive development uses intelligence to think through logical problems in relation concrete objects. Their basic math skills will be developing and they can now sort items into categories and think about two things simultaneously. * Formal operational stage This is late teens into adulthood and this is when they start thinking logically and abstractly including thinking of what might happen in the future. They can now transfer information from one situation to another and can solve complex problems in their head. * Psychoanalytical This is where according to scientists the mind can be split into two parts. The conscious mind and the unconscious mind. The conscious mind is when we are aware of things that are happening and are able to control them through our senses and emotions but the unconscious however is described as when you have unresolved issues that you think are resolved the mind can pick them out at any moment when you least expect them which can cause confusion. The basic tenet’s of psychoanalysis include the following: 1. Human behaviour, experience and cognition are largely determined by innate and irrational drives. 2. Those drives are usually unconscious. 3. Attempts to bring those drives into awareness meets psychological resistance in the form of defence mechanisms. 4. Beside the inherited constitution of personality a persons development is determined by events in childhood 5. Conflicts between conscious view of reality and unconscious( repressed)material can result in mental disturbances such as neurosis neurotic traits anxiety depression etc.. 6. The liberation from the effects of the unconscious material is achieved through bringing this material into the consciousness (via for example skilled guidance). Sigmund Freud was the founder of this type of psychology and his approach was to get an understanding of a person’s behaviour and emotions rather than locking people away that had mental health problems or treating them with drugs. Since Sigmund Freud’s day it has changed a lot and ideas have been revolutionised coming up with new theories which help us with all types of treatment for psychology. * Humanist Abraham Maslow believed in 5 needs of a person. The physiological needs, the needs for being safe, the need for belonging, the needs for esteem and the need actualize the self in that order. * Physiological These include the needs we have for oxygen, water, salt, sugar, calcium and other vitamins. The need to maintain a PH balance and keep at a good temperature. We also need to rest, sleep, get rid of body waste and avoid pain. * Safety This includes feeling safe and secure in our environment and feeling the need for protection. * Belonging and Love This is when you feel the need for friends, lovingness towards family and having a sweetheart even feeling fondly at being part of a community. * Esteem This includes respect for others, needs for status, fame, glory, recognition, attention, reputation, appreciation and dignity. Self actualization This involves the desire to fulfil potential and to be all that you can be. Abraham Maslow was one of the pioneers in the movement to bring the human being back into psychology and the personality back to the human. Social Learning Albert Bandura believed that aggression in adolescents was made from the environment they came from including the beha viours of the person/s they live with. After 100’s of case study’s he came up with general principles. The principles of social learning are: 1. People can learn by observing behavior. 2. Learning can occur without change in there behavior. 3. Social learning has become cognitive in human learning over the past 30 years. 4. Social Learning theory can be a transition between behaviorist learning and cognitive learning theories. Learning this way can be done through watching television, reading books listening to the radio and watching all around us. An example of this is when you have an idol or someone that you really look up to that behaves in a certain way you will start to watch and copy how they move and behave. * Operant conditioning Burrhus Frederic Skinner describes the effects of consequences of a particular behaviour on the future occurrence of that behaviour. We use or see examples of this in everyday life. At school a teacher may say whoever completes their homework can get a sticker this is giving a reward for good behavior. Or at home when you ask a child to pick up the toys off the floor and the child refuses and you sit them on the step for time out this is punishment for bad behavior. If the boundaries are set before hand then they have a choice in how they behave. Concepts of operant conditioning include: 1. Positive reinforce- using praise. 2. Negative reinforce-The removal of something they like. 3. Positive punishment-to reduce the behavior. 4. Negative punishment-to remove something until their behavior gets better. A distinctive part of B. F. Skinners theory is that it attempted to provide explanations for a large range if cognitive examples. He accounted for verbal and language learning within the operant condition paradigm but was strongly dismissed by other physiologists. * Behaviorists This came from the works of John B. Watson who claimed that psychology was not concerned with the mind or with human consciousness but with behaviour itself this way we could be studied objectively. This is the idea that behavior is learned through conditioning. There are 2 types of conditioning: Classical conditioning- this is a technique used in behaviour training. A natural stimulus is paired with a response. Operant conditioning-A process of behaviour modification in which the likelihood of a specific behaviour is increased or decreased through positive or negative reinforcement each time the behaviour is shown, so that the person comes to associate the positives or negatives of the reinforcement with the behaviour.

Tnb-Financial Analysis Essay Example

Tnb Tnb-Financial Analysis Paper Tnb-Financial Analysis Paper INTRODUCTION OF CORPORATION PROFILE3 TENAGA NASIONAL BERHAD FINANCIAL ANALYSIS 1998-2007 i)PROFITABILITY RATIOS AND SALES REVENUE5 ii)LEVERAGE MANAGEMENT 9 iii)EARNINGS PER SHARE11 iv)LIQUIDITY RATIOS12 v) FIXED ASSET TURNOVER15 EXECUTIVE SUMMARY17 REFERENCE18 APPENDIX 1: RAW DATA APPENDIX 2: ANNUAL REPORT 1998-2007 INTRODUCTION OF CORPORATION PROFILE Tenaga Nasional Berhad (TNB) is the largest utility company in Malaysia. It is also the largest power company in Southest Asia with RM65 billion worth of assets serving over six million customers throughout Peninsular Malaysia and the eastern state of Sabah. Its core activities are generation, transmission and distribution of electricity. TNB is the only Malaysian energy company to rank among the top 50 energy companies in Asia in 2006 (based on the Platts’s survey of the top 250 Global Energy Companies) while internationally it is ranked as 168th. TNB was formed in 1990 by the Electricity Supply Successor Company Act 1990, as the successor of the National Electricity Board of the States of Malaya (Lembaga Letrik Negara Tanah Melayu). It was listed on the Bursa Saham Securities Berhad in the year 1990. TNB Group currently has a complete power supply system generating capacity of about 11,200 MW. In Peninsular Malaysia, TNB contributes to 55 percent of the total industry capacity through six thermal stations and three major hydroelectric schemes. It also manages the transmission network i. e. National Grid which links TNB power stations and IPPs to the distribution network. The National Grid is linked via 132kV HVAC and 300 kV HVDC interconnection to Thailand and 230kV cables to Singapore. TNB’s distribution network is managed through a comprehensive distribution system; customer service centres and calls management centres. Through its subsidiaries, TNB is also involves in the manufacturing of transformer, high voltage switchgears and cables, provision of professional consultancy services, architectural, civil and electrical engineering works and services, repair and maintenance, research and development and project management services. TNB also offers higher education through its university – University Tenaga Malaysia (Uniten). The Group mission is â€Å"We Are Committed to Excellence in Our Products and Services† FINANCIAL ANALYSIS (1998 – 2007) The purpose of this chapter will cover the analysis of financial statement from year 1998 to 2007 of Tenaga Nasional Berhad (TNB) to help evaluate the operating performance and financial positions. Operating performance analysis focuses on how well the organization is matching revenues and expenses or expenditures while financial position analysis focuses on how well positioned the organization is to pay its bills. The Groups principal activities are generating, transmitting, distributing, operating and selling electricity . Other activities include repairing, testing and maintaining power plants, providing engineering, procurement and construction services for power plants related products, assembling and manufacturing high voltage switchgears, coal mining and trading . Operations are carried out in Malaysia, Mauritius, Pakistan, India and Indonesia. Profitability Ratio And Sales Revenue Profitability ratio has increased tremendously from a negative 28% in 1998 to a positive 18% in 2007. This shows how well TNB is performing by analyzing profit earned relative to sales, total assets and net worth. The Group recorded a 14. per cent growth in revenue to RM23,320. 4 million in FY2007 from RM20,384. 2 million in FY2006 and 110 per cent growth in revenue from RM11,075. 6 million in FY1998. This can be seen in a staggered rise and was driven by various factors such as the implementation of the new tariff structure which took effect in the middle of Y2006, foreign exchange translation gains and a 5. 3 per cent increase in electricity demand. This is also reflected by higher electricity sales which increased by RM2. 7 billion or 13. 6% and cost savings. EBITDA increased to 37. 6 per cent compared to 35. per cent last year while net profit increased by 90. 9 per cent from RM2,126. 9 million (Y2006) to RM4,061. 1 (Y2007) million which is almost double the amount; and also a huge increase from a loss of RM3,093. 9 in Y1998. TABLE 1:TNB PROFITABILITY RATIOS 1998 2007 Ratio/Year1998199920002001200220032004200520062007 NET PROFIT MARGIN-0. 280. 070. 100. 150. 060. 060. 050. 070. 100. 17 ROA-0. 070. 020. 030. 040. 020. 020. 010. 020. 030. 06 ROE-0. 240. 060. 090. 130. 050. 070. 050. 080. 110. 17 TABLE 2: TNB CHANGES IN SALES REVENUE 1998 – 2007 RM/Year1998199920002001200220032004200520062007 Sales Revenue (RM million)11075. 6011716. 1013220. 00 13,951. 80 15375. 1016457. 8017712. 1018326. 4019707. 4022384. 00 FIGURE 1 FIGURE 2 FIGURE 3 FIGURE 4 Leverage Management Apart from registering its highest profit ever, the Group has for the past reduced its loan from RM27. 1 billion in Y2006 to RM23. 9 billion in Y2007. For the past 3 years, a major restructuring of loan has been done. As we can see of RM32. 4 billion in Y2004 to RM23. 9 billion in Y2007, reflecting a RM8. 5 billion or 26. 2 per cent reduction. During the same period, TNB has managed to collect RM553 million from major delinquent debtors and also eduction in theft. Due to the various cost management initiatives undertaken by the Management, the Company has realised around RM2. 4 billion in terms of value creation since 2004. TNB also saw increasing foreign investors’ interest in its shares, when foreign shareholding reached 28. 4 per cent in May 2007; it’s highest since the Company’s privati sation. Given the continued strong financial outcomes, the Company is poised to undertake appropriate growth opportunities within its core business areas. TABLE 5: TNB LEVERAGE MANAGEMENT RATIO 1998 2007 Ratio/Year1998199920002001200220032004200520062007 DEBT RATIO0. 70. 70. 70. 70. 70. 70. 70. 70. 70. 6 DEBT-TO-EQUITY2. 22. 41. 91. 72. 12. 22. 21. 861. 40. 78 FIGURE 5 FIGURE 6 Earnings Per Share During the year 2007, the Board announced a dividend policy for the purpose of providing stable and sustainable dividends to shareholders while maintaining an efficient capital structure and ensuring sufficient funding for future growth. Under this policy, TNB will distribute 40-60 per cent of the Company’s annual free cash flow as dividends. As such, the Board of Directors is recommending a final gross dividend of 16. sen per ordinary share less income tax of 26 per cent to shareholders of the Company. Together with the interim dividend of RM632 million, the total dividend declared for this Financial Year amounts to an estimated RM1,154. 5 million. From track record Y1998 to Y2007, Y2007 has the highest payout. This change of a negative EPS of 99. 8 sen in Y1998 to a turnaround posit ive 94. 9sen in Y2007 (an 81% increase compare to Y2006 of 52. 5sen). TABLE 6 : CHANGES IN EPS 1998 2007 Ratio/Year1998199920002001200220032004200520062007 EPS-99. 824. 942. 967. 830. 734. 126. 132. 052. 594. 9 FIGURE 7 Liquidity Ratio The current ratio can give a sense of the efficiency of a companys operating cycle or its ability to turn its product into cash. It measures a companys ability to pay short-term obligations. Liquidity ratios measure the short-term ability of the entity to pay its maturing obligations and to meet unexpected needs for cash. As per the above calculation, current ratio and quick ration for TNB decrease from year 1998 to 2000 but increase from 2000 to 2007. The increase in both current and quick ratios from 2000 to 2007 indicates improvement in liquidity (Current ratio from 0. 5 times in 2000 increased to 1. times in 2007; quick ration from 0. 4 times in 2000 to 1. 2 in 2007). The current ratio means for every dollar of current liabilities, in year 2007, TNB has $1. 50 of current assets compare to 1998 which has only $0. 80. While for quick ratio, TNB performed quite well too. Ratio increased from year 2000 to 2007. The peak was in year 2004 with the quick ratio of 1. 4. The company is â €˜cash rich’ and able to pay off short-term obligations without relying on the sale of inventories. TABLE 4: TNB LIQUIDITY RATIO 1998 2007 Ratio/Year1998199920002001200220032004200520062007 CURRENT RATIO0. 0. 70. 50. 70. 80. 91. 71. 21. 41. 5 QUICK RATIO0. 60. 50. 40. 60. 60. 51. 411. 11. 2 FIGURE 8 FIGURE9 Fixed Assets Turnover Assets management ratios measure how effectively TNB is managing its assets. Fixed assets turnover ratio for the company is increasing from the year 1999 to 2007, from 0. 27 to 0. 41, 51% improvement over 9 years of business operation. Over the 9 years TNB’s total assets turnover ratio increased from 0. 25 times in 1999 to 0. 34 times in 2007. This indicates that the company is generating sufficient volume of business given its total assets investment. Sales increased, some assets were sold, or a combination of these steps had been taken. TABLE 3: TNB ASSET MANAGEMENT RATIOS 1998 – 2007 Ratio/Year1998199920002001200220032004200520062007 FIXED-ASSET TURNOVER0. 280. 270. 290. 290. 300. 320. 330. 350. 370. 41 TOTAL ASSET TURNOVER0. 260. 250. 260. 260. 270. 270. 280. 300. 310. 34 FIGURE 10 FIGURE 11 Executive Summary In summary, it can be seen that Tenaga Nasional Berhad has increased its performance quite steadily for the past ten years. It has managed to improve its performance from losses to steady growth of earnings and profit. It has done by steadily increasing its tariff, earnings from foreign exchange translation gains and increase in electricity demand. Tenaga Nasional Berhad are also able to manage its debt by decreasing it quite considerably. The company managed to collect its debt from major delinquent debtors and also reduction in theft. Though its total revenue increases, there is large escalation in total operating cost. This in turns has resulted into slight decrease of its profit margin. It has shift its operation towards fuel- fix in order to reduce the cost of coal usage and also maximizing its gas and hydro usage from its multi-fuel plants. The rising coal price has increase the total fuel cost. However its foreign exchange gain and continued effort in cost management has increased its pre tax profit. TNB would need to resort to the capital market to finance its capital expenditure requirements due to increases in operating cost and requirement to enhance its electricity supply reliability. TNB also has plans to further increase its tariff in 2008 due to the increasing cost i. e. the increase in the selling price of independent power plant (IPP) where it purchases some of its energy requirement This has lead to a lot of debate in the government and also its consumer. There are pressures for TNB to review its current contract with the various IPP to ensure that TNB will be able to fully benefit and earn a profit from its agreement with them. It remains to be seen if TNB will do so despite pressure from its consumer to not increase the tariff. In conclusion, TNB should be able to sustain its current growth and further increase if profit. However TNB must be mindful of its operational cost in order for it to sustain its profit. REFERENCE ?Tenaga Nasional Berhad Annual Reports 1999-2007 ?www. tnb. com. my ?http://en. wikipedia. org/wiki/Tenaga_Nasional

Avatar movie Review Example | Topics and Well Written Essays - 750 words

Avatar - Movie Review Example Anthropology is the scientific research of human beings and their ancestors. â€Å"When his twin brother is killed, disabled ex-Marine Jake Sully is recruited to aid a mining expedition on the distant jungle moon of Pandora as only his DNA will bond with the alien hybrid body, known as an Avatar, which allows humans to breathe the toxic air.The initial impression one gets about the Na’vi aside from their alien trappings, is that they are a primitive race. Primitive is a relativistic term and here it is used to mean that they are technologically backwards compared to the humans who come to Pandora. The Na’vi subsequently faced with the challenge that comes when a tribal community comes into contact with a more technologically advanced civilization. The humans who come to Pandora are there to mine the local minerals to be used back on their home planet. This begs the question, ‘what happened to their home planet?† The Na’vi cultural practices resemble those of other pre technology civilizations. They live in small villages spread throughout the planet. They have developed a form of religion, a system of government and have learned hunting as a source of sustenance. They also have their own language used for communicating with one another, and with the local wildlife using their body language combined with high pitched shouts and clicks.The language is more intuitive more than descriptive. For example when they say â€Å"I see you,† it mostly means that they see into you rather than a visual interpretation of the observed object or individual. Their language is also accompanied with hand signals and movements to emphasize emotions and ideas communicated (Chris, 2012). As history has attested time and time again, when a more technologically advanced civilization comes into contact with what they perceive to be a primitive society, the humans take it upon themselves to â€Å"civilize† the Na’vi. Motive aside, th e impression that what the humans have in terms of technological advancements is I think misguided. The Na’vi are not the one who have bled their home planet dry, and have then travelled halfway across the galaxy in search of the aptly named mineral unobtainium. In the aim of civilizing the natives, the human open school, teach the Na’vi their language, they also try to trade their medicine and food with the Na’vi with the aim of obtaining the unobtainium (Chris, 2012). The Na’vi on the other hand feel that the humans are misguided, and also unsuccessfully try to teach them their way of life until the arrival of Jake Sully. There is a mutual sense of ethnocentrism within the two communities, and whether it is justified is a matter of opinion. The humans feel that their way of life is superior to the Na’vi while the Na’vi feel that their way of life is the only way to live harmoniously with their environment. The Na’vi live in the jung les of Pandora, their main food source is the jungle. They are hunters and gatherers. They also domesticate the local wildlife and use it as a means of transport. They also use the animals to hunt and defend themselves. As with most hunter gatherer communities, prowess in hunting is highly valued and strength greatly affects the individual’s status within the community. They have a sense of brotherhood and oneness with their prey since it is part of them, part of the jungle and thus part of Eywa. They do not needlessly kill their prey and only hunt what they eat. They even go out of their way to reduce instances of confrontation between themselves and the hostile wildlife in the jungle. This