Wednesday, February 19, 2020

Enviornmental Science Essay Example | Topics and Well Written Essays - 1000 words

Enviornmental Science - Essay Example They are extremely fragile environments, and just the presence of man can have serious impact on these islands. However, they are extremely important as protection of coastlines and as habitat for wildlife. Development in these fragile ecosystems affects the wildlife which lives there and seriously changes the ecosystem. Man creates more permanent structures, but builds them on shifting sands. Pollutants alter the local environment and people seriously damage the various structures of the barrier islands with their activities. For example, even treated sewage alters the nutritive balance and can cause a predominance of algae formation. Human construction causes erosion to accelerate and chemicals kill off whole populations of the fragile food chain. To accommodate development of high rise hotels and golf courses, sand dunes are destroyed and salt marshes and barrier flats are filled in. These are three of the dynamically interacting systems of barrier islands. Allowing the development of barrier islands is an expensive proposition as luxury homes, hotels and condos can be totally destroyed in a hurricane. The public actually foots the cost of this as insurance rates rise for everyone, and the government provides some insurance which insurance companies refuse to sell. So the ecological damage, which is sometimes permanent, plus the enormous cost is simply filling some developers’ pockets. (1) Marshes and wetlands harbor a wide variety of wildlife and help to create and maintain barrier island systems which protect the coast. New Orleans is a case in point. It has lost more than a million acres since 1930 of its barrier islands and wetlands. (2) The marshes are critical breeding grounds which nurture several commercially important species, including shrimp. (3)More than this, Hurricane Katrina would have done much less damage to the gulf coast with these

Tuesday, February 4, 2020

Entrepreneurship Assignment Example | Topics and Well Written Essays - 500 words

Entrepreneurship - Assignment Example The Quick Lube Corporation utilized a business format franchise. Utilizing this format provided Herget with the ability to oversee company policies (agency theory). According to Barringer & Ireland, â€Å"it is more effective for the units to be run by franchisees than by managers who run company-owned stores† (218). However, franchisors such as Herget found that it is difficult to utilize and enforce the agency theory. As Herget struggled to enforce company contractual policies and regulations franchisees became increasingly dissatisfied and began revolting. Further distress to the company was exhibited as â€Å"royalties became difficult to justify† (397). The independence of franchises and employees can be demonstrated through the adverse selection theory. Quick Lube expanded at a quick rate leaving less time for supervisors to find appropriate employees to perform the jobs needed. Although franchises demonstrated rapid-growth the profit margin was instable. The 1990 budget analysis revealed that the most successful month was July which produced $193,214. However, profit margins in February of 1991 the company produced a net income of $-6873.00. The instability of net income led the founder Frank Herget continuously defaulting on loans. Unfortunately the company failed to produce enough revenues for Herget to pay debits in the company’s formation and make a profit. In order to pay said debts Herget was forced to sell parts of the company to Huston Oil. Huston Oil had different conflicting ideas on how the franchise should be run. Huston’s business strategies further frustrated franchisees. The focus of the Quick Lube Corporation was to increase the productive opportunity set through the sales of oil. This strategy allowed the company to bring in addition revenue allowing for an increase in profit margins. Boosting profit margins would allow for the debit occurred (financing) at a quicker pace causing a boost in profits for company