Saturday, January 25, 2020

Essay on the Character of Ophelia in Hamlet :: Essays on Shakespeare Hamlet

The Character of Ophelia in Hamlet      Ã‚   Ophelia is a beautiful and simple-minded woman, easily molded by the more powerful opinions and desires of others. The thoughts of her father and her brother influenced her the most. The love letters from Hamlet also swayed her opinions and confused her mind. Ophelia wasn't able to realize herself because of all the pressures exerted on her to be something she's not. That weakness of mind and will, which permitted her obedience to her father and thus destroyed her hope for Hamlet's love, finally resulted in her insanity and death.    When her father had challenged the honor of Hamlet's intentions, Ophelia could only reply "I do not know, my lord, what I should think" (III, iii). Used to relying upon her father's direction and brought up to be obedient, she can only accept her father's belief, seconded by that of her brother, that Hamlet's "holy vows" of love were simply designed for her seduction. She was to obey her father's orders not to permit Hamlet to see her again. Her father also wanted to prove Hamlet's madness to the king. He used Ophelia as bait so he and the king could listen to Hamlet's words. Ophelia willingly obliged to her father's desires. By not thinking for herself and only doing as her father wished, she ruined her chances of love with Hamlet.    Hamlet put pressure on Ophelia by expecting her to surpass his mother's shortcomings and be an epitome of womankind. He searched her innocent face for some sign of loving truth that might restore his faith in her. He took her mute terror for a sign of her guilt and found her to be a false person, like his mother. In his letter to her, he addressed the letter to "the most beautified Ophelia" and he terminated the letter with "I love thee best, O most best, believe it" (II, ii). He used the word "beautified" to display a sincere tribute, and it is apparent he still loves her. His attempts to win her affection are not triumphant. Ophelia is still too much under the influence of her father to question his wisdom or authority, and she has no mind of her own to understand how much she has made her lover suffer. No matter how much it pained her to not see Hamlet, all she could see in his present behavior is the madness that terrified her.

Thursday, January 16, 2020

Introduction To Top Glove Corporation Berhad Essay

Top Glove Corporation was Started In 1991 In the Beginning Top Glove Company had just 1 Factory 3 Production lines and 100 Staff, but Now it Has Become the Most Successful and Largest Rubber Glove manufacture resulting in 25 factories which they had just 1 one when they started and now has 470 Production lines and a capacity to produce 41.1 Billion Gloves per Annum. Top Glove Corporation has more than 10 Branches Not In Malaysia but has also Spread In China and Thailand The Main Activities of Top Glove are Investment holdings and provision of Management services. Top Glove are one of the largest latex gloves, nitrile, surgical, household, Cleanroom,Vinyl and more types of glove Producer and meets High Quality Products and meets the Increasing expectations of the International Top Glove Corporation was Listed 2nd In Malaysian Bourse and within a year It was promoted to the Capital city of Malaysia Kuala Lumpur Stock Exchange (Bursa Saham) . It consists Shareholder fund worth 1.28Billion with an annual turnover which is almost 2.31Billion as at financial year ended 31 August 2012.Tan Sri Lim the Founder of Top Glove Achievements has A Huge Credit for Company’s Success Not Only Tan sri Lim But the Highly Committed and Motivation of Board of Directors Together with 11000 Strong Work Force. Customers are the Important Factor for Top Glove Company their motive is to Provide High Quality Products with affordable cost and To Provide them the best customer service. The Company is looking forward To Invest IN R&D IT and Automation to make sure to Improve The Quality and Production Efficiency. Looking At the Future Top Glove’s Objective is to Capture 30% of the Global Market share by 2015, (Top Glove, 2013) (EMIS, 2013) 1.1 TOP GLOVE CORPORATION VISION AND MISSION â€Å"We Strive to be the World’s Leading Manufacture with Excellent Quality Glove Products and Service enrich and Protect Human Lives† CORPORATE MISSION: â€Å"To Be World Class Glove Manufacturer by providing top Quality products with Excellent services through continuous Improvements and Innovation† (Top Glove, 2013) 1.2 KEY EXECUTIVES Wee Chai Lim Chairman Kim Meow LeeManaging Director Cheong Guan LimExecutive Director Siew Bee TongExecutive Director Arshad Bin AyubIndependent Non-Executive Director (Company) 1.3 CHAIRMAN LIM WEE CHAI PROFILE: (Top Glove Corporation Berhad, 2012) Lim Wee chai is a Malaysian citizen aged 54; He was graduated in Bachelor of Science degree in physics from University Malaya and completed his master degree in business administration Sul Ross State University in Texas, United States. Lim wee chai was appointed as a chairman at top glove corporation on 4th September 2000. Top glove Corporation Berhad was started with only 3 production lines under the Chairman lim wee chai Leadership and visions top glove have become world’s largest rubber glove producers and has captured 25% of the world market share. The company now has more than 23 factories and 457 production lines in Malaysia and on the other counties which are china and Thailand. The Production capacity is to produce 40 billion pieces of gloves per annum, over thousands of customer’s demand in more than 185 Countries. He has received 10 awards for his achievements success and contribution towards the Glove Industry (Top Glove Corporation Berhad, 2012) 2.0 INTRODUCTION TO HARTALEGA HOLDINGS BERHAD (Hartalega, 2013) Hartalega Berhad Manufacture and sell latex and Nitrile gloves.The company’s latex and Nitrile gloves consists of examination and Surgical, Laboratory, Clean room gloves, atomic power plant etc.It also deals in retail and wholesale of gloves, Property leasing research and development of automation systems. Hartalega was established in 1988 with the vision to produce gloves to protect the important thing which is Life, Hartalega Used to be  One line operation in the beginning but now it is one of the most largest Company with 53 Production lines, and a capability to produce 12 Billion gloves Per Year. Since the Start, Hartalega every single operation is been dedicated to Tradition of Excellence, they are delivering the best quality through state of the art equipment, high quality system and dedicated workers their products are high recognized all over the world Hartalega Success is Because of their loyal customers and Consistent improvements in quality of products, reliable service with efficiency by the culture of open and honest approach to business. Hartalega has Huge Market all over the world which are in North America, Europe, Asia, Australia Malaysia Hartalega is the company which has produced a lot types of products compare of it’s competitors and they are first one who has produced it which are Polymer Coated Powder-Free Examination Gloves, Low Protein Latex Examination Gloves, Robotic glove stripping system which helps to strip gloves off from the production lines, first one to produce high-stress relaxation NBR Examination and Surgical gloves, first industry to use oil Palm Empty fruit bunches as biomass fuel to produce heat for production process and Many More products which had produce 1st the Industry. Hartalega has earned a lot of Awards Because of their hard work, dedication and motivation. (Hartalega, 2013) (Businessweek, 2013) 2.1 BOARD OF DIRECTORS 1. Kuan Kam HonExecutive Chairman and Managing Director 2. Chuah Phaik SimIndependent Non-Executive Director 3. Dato Mohamed ZakIndependent Non-Executive Director 4. Kuan Mun KengNon-Independent Executive Director 5. Kuan Mun LeongNon-Independent Executive Director 6. Liew Ben PohNon-Independent Non-Executive Director (Haralega, 2012) (Hartalega Holding Berhad, 2012) 2.2 HARTALEGA CHAIRMAN PROFILE: (Hartalega Holding Berhad, 2012) Kuan Kam Hon aged 65, Is the Executive chairman and Managing Director at  Hartalega, he was appointed on May 7, 2007. Kuan Kam Hon is responsible for all business strategic plannings and whole operations in the group including research and development, He started his Career in the construction company named kuan Yuen & Sons Company which was a well-known construction company in 1970’s, in 1981 he formed Hartalega Sdn Bhd Under his leadership Hartalega has now become a reputable producers of latex gloves in the industry in Malaysia and is public listed in bursa Malaysia. He has created a set of Management with Higher standards and encourages creativity and innovation to produce highly-skilled personnel. (Hartalega Holding Berhad, 2012) 3.0 RUBBER GLOVE INDSUTRY ANALYSIS The rubber demand has been increased rapidly high after the H1N1 Pandemic in 2010. Rubber glove industry is going to witness Lower demand as there is no Huge Disease found in Humans, Plants or Animals since last year, Rubber Glove Industry totally depends on its usage on medical sector, Industry has been facing recession time to time. Malaysia is the largest Producer and exporter of Rubber gloves at present, Malaysian industry of rubber gloves has high Demand all over the world, Top Producers of Rubber gloves are, Top Glove, Supermax, Kossan rubber industry and Hartalega. Malaysian Industry exports to the US, Europe, Latin America, China and India, Us is the largest Importer of Rubber Gloves as their expenditure on Health Care has gone high as percentage of GDP Since 2000. UK and European Countries are following the same trend of using more hygienic products. And is expected for other countries as well Demand for Rubber gloves Have Increased in Countries like India, China and Brazil in the recent years as they are more concerned to their healthcare and wants to use hygienic Products, Demand for lower-end powdered latex gloves is high in developing countries who are more cost conscious which is cheaper than powder-free latex and nitrile gloves, The Developed countries such as US and Europe prefer to use Powder-free latex and Nitrile gloves. (Koncept Analysis, 2012) 4.0 FUTURE OUTLOOK OF RUBBER GLOVE INDUSTRIES 4.1 HIGH DEMAND OF GLOVES: Rubber Glove Industry will be having long term  demand for their products from the highly developed Countries. Emerging economies may possibly drive high future demand as their population is increasing, they are more aware of the importance of hygienic products in medical sectors as will be having high demand of High quality of Healthcare products and services. Health Care Expenditures is increasing for most developed Countries, which has increased demand for gloves, which may affect increase in cost but still can be manageable. Gas and Labor cost are expected to be increase In 2013, but no sure if that can make a huge impact of Glove market (lee, 2012) 4.2 STABLE MARKET SHARE, CAPACITY TO INCREASE: Top 4 Glove Producers may not become M &A Targets. Kossan Rubber industry may have a chance of being such a target if we pick among the four Largest Producers. The Rubber Glove Companies are increasing their production capacity to remain in the competition. Annual Capacity growth is expected to be about 18% or 14.2BN pieces in 2013 (lee, 2012) 4.3 RISKS INVOVLED IN RUBBER GLOVE INDUSTRIES: Rubber Glove Industries can face various kinds of risks which are as follows: 1. Competitors in this Industry have aggressively expended their capacity plans this can result in an oversupply 2. Sharp instability in latex costs and foreign currencies resulting in near term margin squeeze 3. Political Risk, domestic and regional, Glove manufactures source 50% of their raw material from Thailand. Risk is low production of NR latex and lower supply at glove manufacturers 4. Infrastructural bottle necks and Labor Shortages : Supply of Malaysia’s Natural Gas is reached its maximum point to the Glove industries and new allocations are expected to come, any delay in new allocation will become a huge problem for Glove Industries for that they have to use alternative fuel for production with higher cost (Michelle Foong, 2012) 5.0 FINANCIAL ANALYSIS 5.1 FINANCIAL ANALYSIS FOR TOP GLOVE CORPORATION BERHARD 5.3 PROFITABLITY: Profitability ratios shows that profit earning capacity of a business for the sake of clear understanding profitability ratios classified into two categories general profitability ratios and overall profitability ratios, The gross profit margin ratio (or gross margin ratio) provides clues to the company’s pricing, cost structure and production efficiency. A low profit margin ratio indicates that low amount of earnings, required to pay fixed costs and profits are generated from revenues. (Thukaram, 2007). Top Glove Corporation gross profit margin has been increased as compare with the profit ratio in 2011 and 2012, 2011 it was 11.44% in 2012 its 16.63 same goes for net profit margin, but with less expenses. Top glove Corporation profit earning capacity has been increased impressively Profitability 2012 2011 Gross profit margin Net profit Margin Expenses margin 16,63 – 9,87 = 6.76% 11,44 – 6,57 = 4.87% 5.4 LIQUIDITY: Liquidity ratios provides information on the time structure of debt and the firm’s ability to meet its short term obligation Current ratio is balance-sheet financial performance measure of company liquidity. Current ratio indicates a company’s ability to meet short-term debt obligations. The current ratio measures whether or not a firm has enough resources to pay its debts over the next 12 months. Quick ratio is viewed as a sign of a company’s financial strength or weakness; it gives information about a company’s short term liquidity. The ratio tells creditors how much of the company’s short term debt can be met by selling all the company’s liquid assets at very short notice. (Emilio Colombo, 2006).Liquidity ratios shows ability of the company to pay back its debts which top glove has improved  from 3.12:1 to 2.95:1 in 2012 LIQUIDITY 2012 2011 Current ratio Quick Ratio 5.5 EFFICIENCY: Efficiency ratios measure how efficiently a firm uses its resources. The average collection period shows the average number of days it takes your business to collect payment for sales to customers on credit, The accounts payable turnover ratio shows how quickly your business pays its bills and how often payables turn over during the year. Trends in the accounts payable turnover ratio demonstrates how your business handles its outgoing payments and can help you assess the cash situation of your business. This efficiency ratios shows that top glove fixed asset turnover has been increased from 2.9 in 2011 to 2.93% in 2012 debtors collection time has also slight more efficient compared to 2011 it was 47 days in 2012 it is 46 days meanwhile creditor payment is facing more delays compared to previous year which was 39days in 2011 turn into 44days in 2012 (Emilio Colombo, 2006) EFFICIENCY 2012 2011 Fixed asset turnover Debtors collection Creditor payment Stock Turnover 5.6 CAPITAL STRUCTURE: Capital Structure is a mix of a company’s long term debt, specific short-term debt, and common equity and preferred equity. The capital Structure is how a  firm finances its overall operations and growth by using different sources of funds. The interest coverage ratio indicates the extent of which earnings are available to meet interest payments. A interest cover ratio means less earnings are available to meet interest payments and that the business is more vulnerable to increases in interest rates. Capital Structure 2012 2011 Interest Cover Gearing ratio INVESTORS: Financial ratios are used to analyze company performance, Return of equities investors is much greater than that applied to debentures may be because this investment class have a huge risk, and ordinary shareholder are the best group of investors for an organizations. The Price earning ratio for an organization is used to compare the financial position of a company compare to other organizations, this means the better financial position of a company is according to PE Ratios the lower risks is for its investors and shareholders. Organizations which want to expand their dividends will seek to over a large amount of their earnings; whereas organizations which have high cash holdings are able to pay higher dividends if they wish to, the relation between dividends and earnings are calculated by dividend cover (Woods, 1999). Investors 2012 RM’000 2011 RM’000 ROCE ROE EPS 0,3277 0,1829 Earning Yield Dividend Payout Dividend Retention 1 – 0,478 = 0,52 1 – 0,59 = 0,41 6.0 FINANCIAL ANALYSIS FOR HARTALEGA HOLDINGS BERHAD 6.1 PROFITABLITY: These figures shows that Hartalega’s gross profit margin was 37.15% In 2011and it is Decreased in 2012 to 31.85%, Net profit margin is also decreased in 27.9% 2012 which was 33.4% in 2011 it tell that company is underperforming compared to last year’s performance. But expenses are decreased from 4.75% to 3.95% Profitability 2012 2011 Gross profit Net Profit Margin Expenses Margin 31,85 – 27,9 = 3.95% 37,15 – 32.4 = 4.75% 6.2 LIQUIDITY: This Table shows Liquidity of Hartalega Company their ability to pay their debts is Increased compared to 2011 which was 3.63:1 Now increased to 4.42:1 in current ratio. If we measure that in quick ratio it also shows an Increase from 2.81:1 to 3:28 Liquidity 2012 2011 Current Ratio Quick Ratio 6.3 EFFICIENCY: This table shows The Figures how Efficiently hartalega corporation is using their resources in 2011 their fixed asset turnover was 2.11 which is increased to 2.45% it tells us that and debtors collection period is decreased from 50 days to 46 days so they are collecting their debts earlier compared to previous year and creditor period in also decreased from 45 days to 35 days they are able to pay back their Creditors earlier than 2011 and stock turnover is also increased from 51 days to 56 days. This table tells us that hartalega is using their resources very efficiently Efficiency 2012 2011 Fixed asset turnover Debtors collection period Creditor payment Stock turnover 6.4 CAPITAL STRUCTURE: Capital Structure 2012 2011 Interest Cover Gearing Ratio INVESTORS: Investors 2012 2011 ROCE ROE EPS 0,2765 pence 0,2618 pence Earning Yield Dividend Payout Dividend Retention 1 – 0,43 = 0,57 1 – 0,29 = 0,71 7.0 RECOMMENDATIONS AND CONCLUSIONS Rubber Glove industry has huge demand in market and in future it will be demanded even more Developed Countries and developing countries are very concerned to use Hygenic products in their medical sectors and so their medical care expenditures will be increasing the demand for Gloves will also be increasing. As For Under developed Countries If there is a hope for them to Increase their Economy and they will also be concerned to use hygienic products like other Developed Countries demand for the Rubber Gloves will go even higher. Malaysia has dominated the Rubber Glove Industry and Is the King of rubber gloves. Top Rubber and latex gloves manufacturing companies are In Malaysia So there is a lot more competition with in Malaysia on this Business and all the companies are trying to improve their   capacity top Glove Manufacturing companies In Malaysia are Top Glove and Hartalega which are performing extremely well in this business and their products are demanding all over the world. Malaysian Organizations are the largest world exports of rubber gloves industry where as other countries like Thailand have no Competition with Malaysian Industries the Biggest Strength of Malaysian industries are their labor production each worker in the rubber glove industry are three times more productive than Thailand and Indonesian workers. So there is Nothing to worry about at the moment that some Country Might take over their Market. There are few things Which has to be considered are political relations with other countries, Thailand supplies 50% of Raw Material to make gloves to Malaysia. Any Political Issue can cause a lot of problems to the Rubber Glove manufactures. Bibliography Businessweek, 2013. http://investing.businessweek.com. [Online] Available at: http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=HART:MK [Accessed 7 July 2013]. Emilio Colombo, L.S., 2006. Contribution to economics. In M.B. Werner A Muller, ed. Financial Market Imperfections and Corporate Decisions. New york: Physica-Verlag. p.174. EMIS, 2013. http://www.securities.com. [Online] Available at: http://www.securities.com/Public/company-profile/MY/Top_Glove_Corporation_Bhd_en_1663501.html [Accessed 7 July 2013]. Haralega, 2012. Unlocking Potential. Annual Report. Kuala Lumpur: Haralega Holdings Berhad. Hartalega Holding Berhad, 2012. Unlocking Potential. Annual report. Kuala Lumpur: Hartalega Holdings Hartalega Holdings. Hartalega, 2013. Hartalega.com. [Online] Available at: http://hartalega.com.my. [Accessed 7 July 2013]. Koncept Analysis, 2012. http://www.researchandmarkets.com/reports/2097332/global_rubber_gloves_market_an_analysis_2012. [Online] Koncept An alsysis Available at: http://www.researchandmarkets.com/reports/2097332/global_rubber_gloves_market_an_analysis_2012 [Accessed 8 July 2013]. lee, J., 2012. Malaysia Equity. Investment research daily, 1, p.23. Michelle Foong, 2012. Rubber Gloves Gloving the world. Research. Global Market Research Companies. Thukaram, R.M., 2007. Management Accounting. In Management Accounting. 1st ed. New Delhi: New Age International(P) Limited Publishers. p.588. Top Glove

Wednesday, January 8, 2020

Human Resource Planning - 3781 Words

Human Resource Planning (3rd Class) Definition: The ongoing process of systematic planning to achieve optimum use of an organizations most valuable asset - its human resources. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labor demand, analyzing present labor supply, and balancing projected labor demand and supply. Rigorous HR planning links people management to the organizations mission, vision, goals and objectives, as well as its strategic plan and budgetary resources. A key goal of HR planning is to get the right number of people with the right skills,†¦show more content†¦But what is not widely known is the absence of succession planning in most public sector units. Absence of succession planning has resulted in a situation where many organizations function without chief executives. The anomaly of surpasses labor, juxtaposed with the lack of top executive stems from the absence of or a defective HRP. 2. Part of Strategic Planning As pointed out earlier HR management must become an integral part of strategic management process. All activities of HRM-planning, hiring, training remunerating and maintaining-must be merged with strategic management. HR planning can become part of strategic planning at two ends. At the beginning of strategic planning. HRP provides as set of inputs into the strategic formulation process in terms of deciding whether the types and numbers of people are available to pursue a given strategy. At the end of strategic planning process, HRP is relevant in terms of implementation concerns. Once the strategy is set, executives need to make resource allocation decisions, including those pertaining to structure, processes and human resources. 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