Application of Electrical Technology Assignment Example | Topics and Well Written Essays - 500 words

Application of Electrical Technology - Assignment Example In industrial applications, the switchgear is constructed with high-voltage circuit breakers and they may be lined-up together with the transformers in one unitized substation (USS). Switchgear de-energize loads in order to allow work to be done and also to enable clearing of faults downstream power systems. In the construction of protection relays, the current coil of the relay is connected to the secondary current coil of the transformer. Moreover, the secondary voltage coil of the transformer is connected to the voltage coil of the protection relay. When a fault occurs in the circuit feeder, an increased mmf of a current coil of the relay is triggered. The increased mmf closes the normally open contact of the relay that in return closes and completes the DC Trip Coil Circuit. The mmf of the Trip Coil initiates a tripping mechanical movement on the circuit breaker that causes it to isolate the fault. A sub-station refers to a part of an electrical generation, distribution, and transmission that that performs the function of voltage transformation from high to low and vice versa. A power plant refers to an installation that is used for the production of electricity while a power equipment refers to any equipment that is powered by electricity. A ring is an electrical wiring technique that enables the use of wires of smaller diameter than the ones used in the radial circuit, but of equivalent total current. On the other hand, feeders refer to a set of electric conductors that transmit power from the primary distributor centers to secondary distribution centers or branch-circuit distribution centers. An isolation transformer is installed between an AC power source and medical grade equipment in order to protect patients and staff from electric shocks in case faults occur due to the defectiveness of a medical grade equipment or use of a non-medical grade.

Module 5 SLP Assignment Example | Topics and Well Written Essays - 500 words

Module 5 SLP - Assignment Example The merger of the two companies will lead to the growth of this small company by increasing the economic demand. Hershey Company will benefit from diversification. The risks of investments spread by adding other sectors. Secondly, KONZA Company has a high liquidity. As the liquidity hypothesis stipulates, an increase in liquidity leads to an increase in in merger this is because it makes it possible for Hershey Company to acquire and finance the acquisition by use of resources (McDonald et al., 2006). KONZA Company faces a major threat of mismanagement of firm’s resources by managers to maximize the shareholders wealth. Therefore, if the two companies merge, the resources would effectively managed to maximize on the shareholders wealth as well as profit maximization of the company. I would finance the takeover by selling the company shares. This is by public invitation to buy the shares at premium from the shareholders of the company. This will enable the company to raise enough funds for growth and investments. My second choice would have been Texas Company because the company has a high debt that is attractive and not used. This will is an avenue to merge as low leverage reduces the default risk and increases the debt volume for the joint company (Vachon, 2007). The company investments have a positive net present value (NPV) meaning that it can invest in and gain profits. The two companies therefore can merge and invest in projects that yield profits, as it is a major goal of the company. This company could not be the first choice because it is a bit stable and does not suffer from liquidity and mismanagement of firms resources. My third company would be INOVA Company that is a stable company, operating under ongoing concern and is of large size. The company would merge with Hershey to benefit from synergies. The financial mathematics shows that the

Race, Ethnicity and Slavery in America Essay Example | Topics and Well Written Essays - 1250 words

Race, Ethnicity and Slavery in America - Essay Example Takaki argues that multicultural education ensures a comprehensive understanding of American History (Takaki, 34). This is crucial in situations involving Americans going to work in other countries as it helps them identify well and understand those cultures. It is of critical importance to highlight that both the two authors concur that ethnicity and racism bring about several conflicts. These may be in form of conflict of perception, opinions, and inclusion within the society. This may disrupt peace enjoyed within that society. James and Heather Olson Beal concur that the issue of racism leads to erosion of the culture of a nation and conflicts (Olson & Beal, 10). These authors also concur that the issue of ethnicity may cause unnecessary discrimination on people. This may make some people land jobs whereas preventing others from securing such jobs. James and Heather Olson Beal argue that the issue of ethnicity is a monster to national development as is associated with inequality a mongst individuals. As such, this may at times disrupt the peace of the society as it can cause several conflicts (Olson & Beal, 11). However, America being a culturally endowed nation has the moral responsibility to ensure that its entire people are considered one. It aims at unifying the different races and ethnic groups so that they can effectively coexist and share the different skills, expertise, talents, and capabilities towards a common goal. However, even though these authors perceive race and ethnicity in a negative perception, there are some advantages associated with different races and ethnic groups coming together (Takaki, 34). Circumstances involving coming together of different races and ethnic groups may ensure poor people from one race being encouraged by other prominent persons from other races, thus, promoting development. The spirit of inclusion through multicultural education also leads to a feeling of unity and promote peace (Takaki, 48). Being an American enta ils a lot. One must be able to understand that America is composed of several races and ethnic groups. Since these people have different cultural beliefs, traditions, and customs, there is a need to provide a harmonious ground that can suit all these people, with all their cultural diversities. This is crucial in ensuring development in several sectors on several perspectives in America. The issue of different races and ethnic communities residing in America is quite advantageous since it brings a sense of development with regard to diverse expertise, experiences, talents, and skills from the different ethnic groups. Therefore, promotion of unity and peace in America more so, through the American national anthem is core towards harvesting all these advantages associated with diverse cultures. It is of critical significance to note that race and ethnicity have played major roles in the history of America. In order to fully expound on this matter, it is crucial enough to understand th e meanings of these two terms; race and ethnicity. The term race refers to the biological differences that distinguish a group of people concerning their physiology. Race may apply to the distinction in skin color, color of hair and facial features. However, on the other hand, ethnicity refers to the distinction of individuals concerning their culture, beliefs, and traditions.  

The Governance of GAAP Essay Example | Topics and Well Written Essays - 250 words - 1

The Governance of GAAP - Essay Example tandards Board (FASB) is an organization behind GAAP, which was established to come up with the accounting guidelines for private sector companies to help them establish and improve the accounting methods used in preparing financial reports. These financial statements are then used by to offer information that is valuable in making decisions for investors and other users of the reports. The Security and Exchange Commission (SEC) has the role of ensuring that the stock exchange market operates in a fair manner for all investors by ensuring that there is no insider trading and it is an independent body used to enforce laws of the government. It ensures that trading is fair to all investors by ensuring that they are all provided with the correct information and that no one gets an unfair benefit in terms of knowledge of how stocks will operate (Office of Financial Management, 2012). The funding of developing and Enforcing GAAP comes from the federal government as it has the responsibility of ensuring that there is order in the field of accounting, and this is done by providing guidelines for preparation of companies’ financial

Discuss critically the role of secured creditors in business Essay

Discuss critically the role of secured creditors in business insolvency - Essay Example The security grant provided to the creditors is entirely dependent upon the whether the debtor is able to conform to the loan covenants. In case, the debtor is not in default, the creditor does not have control on the security3. However, if the debtor is in default, the creditor has complete control on the collateral, subject to any limitations imposed by insolvency law. Additionally, the secured creditor gets priority at time of settlement from the sale of security compared to other creditors. If one sees it with a creditor’s point of view, the provision of collateral reduces the default risk of creditor and in return, the debtor expects some valuable terms of loan, which create flexibility for debtor in repayment. One of the valuable terms is less interest payment on secured credit than an unsecured credit4. The priority given to secured creditors in repayment create a less advantageous situation for unsecured creditors, which does not allow them to agree on flexible terms i n loan. This often leads to consensus on a higher interest rate in case of unsecured loan. If all these terms are seen with the eyes of a debtor, both secured and unsecured creditors try to reduce their risk by agreeing on particular terms of loan. In one case, there is a grant of security with a reduced interest on loan; in another, there is a higher rate of interest on compensating for no security and less priority. There has always been debate over this matter in the literature and it suggests the debtor not bother much while choosing between the two. History US federal bankruptcy law offers two choices for formal bankruptcy, which are Chapter 7 or Chapter 115. Chapter 7 involves the transfer of control of the firm to a creditor-appointed trustee. In Chapter 11, the debtor’s management usually remains in control of firm during the proceedings. Earlier, debtors had more control in the proceedings of insolvency, which the creditors noticed and did not prefer6. This later led creditors to come up with more strict contracts regarding provision of finance in Chapter 11, which shifted a significant control to the creditors from debtors. Despite this control, chapter 11 is weaker when compared to Recent UK Bankruptcy situations enjoyed by secured creditors. English insolvency law did not factually enforce a stay on the implementation of secured claims. This allowed a secured creditor having an all-encompassing security interest, commonly known in UK as a ‘floating charge’—to impose against the entireness of the debtor firm’s assets. In effect, the floating charge holder (FCH) led to a private liquidation, known as an ‘administrative receivership’ (or ‘receivership’ for short)7. When a company is financially distraught, a secured creditor or court takes the company into receivership. A company is in receivership when a secured creditor or a court appoints a receiver who can control all the assets of the co mpany. The appointment of receiver comes under the security of fixed charge such as land, plan, machinery, equipment etc. It also comes under the security of floating charge such as cash and stock. The receiver can also have right to manage the company matters subject to terms of

Douglas Coupland's Microserfs Essay Example | Topics and Well Written Essays - 1000 words

Douglas Coupland's Microserfs - Essay Example The exploration of one’s identity is a theme that is discussed by the author and other characters in the novel. In this paper, we will analyze how the characters examine their identities and what is the influence of their profession on their identities? The influence of their professions on their identities is so far-reaching that they start to think about themselves in technical terms. The environment in their workplace has affected the characters in the novels to such an extent that they are not able to think about their lives beyond this setting. The character of Karla, a coder and colleague of the Daniel, is most expressive about her feelings regarding identity. Her thoughts about identity can be gauged from the following paragraph, â€Å"Its all about identity," [Karla] said. She said, "We look at flock†¦Ã¢â‚¬ ¦What makes any one person different from any other? Where does your individuality end and your species-hood begin? As always, its a big question on my mind.† (Coupland, pg.236). While working, the identity of all the characters is connected with their work. The individuality of person is lost in the settings that are dominated by the machinery. Karla also feels that her identity is being overwhelmed, by the environment of her workplace. While talking with Daniel, her conversation reflects her thoughts about identity. â€Å"She said that we, as humans, bear the burden of having to be every animal in the world rolled into one. She said that we really have no identity of our own.† (Coupland, pg.17). The thoughts of Karla represent the identity crisis that people are experiencing in the wake of a demanding professional life. People are so consumed with their aims and ambitions that they have lost the perception of their true identity. Karla also points towards this attitude of human beings. â€Å"She said, "What is human behavior, except trying to prove that were not animals? She said, "I think we have strayed so far away from our animal origins

Personal Goals Essay Example for Free

Personal Goals Essay The purpose of this publication is to document my personal goals that I want to achieve while attending the University of Phoenix. I have been thinking about going back to school for some time now and I finally made the decision to attend this online institution because of a previous personal goal that I had set. The goal that started this whole thing for me was my goal to get a Bachelor Degree. I had previously attended Northwest Technical College of Wadena, MN. I earned a 2-year diploma in Telecommunications Engineering. This diploma is short of an AAS degree by a few General courses. Having this shortage of credits was a shortcoming that I did not want to accept, so I made an executive decision 2 years ago to complete my degree. Some of the decisions that I had to make to get started at the University of Phoenix were not difficult ones to make but I procrastinated for a long time. I interviewed at a college prior to the University of Phoenix, but the college was out of my budget. After my interview, I received a phone call from an entrance counselor from the University of Phoenix. Their presentations ultimately help me make my decision to attend. The decision to attend the school was made, now the time has come to set my goals and get going on this adventure. The first goal I made was to get all the financial decisions out of the way. They were very easy to figure out. I get eight thousand dollars a year in tuition assistance from my employer. I was set, now I only needed to pick the course that pertained to my original goal of finishing my degree. I chose to take the bachelor of information technology course. When I decided this I knew that I had to set a range of goals and expectations for myself to follow. Short-Term Goals Once started with school I made goals to become a student who I have not been before. I set a goal to study every weekday. I also chose to study for a few hours every weekend. Studying often will help me gain interest in what I am trying to accomplish. Studying often will also help me develop good habits. Another goal I made for myself is to not let my current bad habits get in the way of me completing my assignments. If I can accomplish simple things  like this, I will be able to develop my skill sets. Short-term goals are exactly what they state, short-term. They are subject to review on a daily basis to make sure they are being followed. I also believe they are easy to set and adjust, because they are more visible and the results from following them show up right away. Long-term Goals Long-range goals for me are more difficult for me to set but I do have a few. My most realistic and specific long-term goal that I recently made since I have become an adult student is: To become a lifelong learner. I just realized that this is something that I need to remind myself of often to keep my focus on homework. Another long-term goal that I set for myself is to use my time wisely. When I set this goal for myself I struggled with the notion that I need to dedicate more time to reading. I have never before set goal like this for myself, because it seemed unattainable. But as I stated before, I must do this in order to attain the education that I want. When it comes to changing long-term goals, I use caution, because it can throw me off track if I fail to keep track of previous long-term goals. This can result in going in circles, which I have done before. Conclusion Understanding of short and long-term goals will help me become a better person. I set specific short-term goals that will help me in my areas that need immediate attention. Studying often is the key to success in all aspects of lifelong learning. This is what I have realized since I first started school. Managing my time wisely the hardest goal for me to set will have tremendous impact on how I carry myself in everyday life. My other goal of reading more will also help me develop the patience and skills to retain information that I need to learn in order to move forward in my career and education. The ultimate purpose of setting goals is to follow them. This process makes for the greatest sense of accomplishment and happiness in life.