Tuesday, December 3, 2019

Solution focus free essay sample

Theory: Solution Focus Key Concepts Solution Focus therapy is illustrated by techniques The miracle question Exception questions Scaling questions Presupposing change. Moving towards solution Goal formulation Solution focus therapy is grounded on a positive orientation. The view of solution focus is people are healthy, competent, and resourceful, and have the ability to construct solutions to enhance their lives. This therapy is concerned with looking for what is working with the assistant of the therapist. The therapy process is to focus on creating solutions rather than talking about the problems Key Theorists Steve de Shazer Insoo Kim Berg Appropriate Populations for the Theory Solution focus can be used with children families court mandated, addictions, depression, relationship difficulties, relationship breakdown, eating disorders, and anger management. Inappropriate Populations for the Theory Solution focus is brief so for clients that are need of in depth long-term therapy should not seek solution focus therapy. It is also not good for clients who are dependent and clients with mental health issues. We will write a custom essay sample on Solution focus or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Therapists Role The therapist s role is to see a person as more than their problem, to look for dentify and amplify existing strengths and resources, and to identify and make use of exceptions to the rule. The therapist focus is on is on identification of solutions, In the process of therapy the therapist involves building rapport, identifying problem patterns, establishing goals, exploring strengths and solutions, emphasizing positive coping and predicting, and preparing for relapse. This should be done by asking scaling questions, paraphrasing, listening and giving the client ideas to think about. Clients Role The client learns to build the elements that will be given by the therapist which will orm the basis for ongoing change. The client instead of searching for the cause of the problem the focus is on defining the changes and making them a reality. Also the should focus on unblocking the negative thinking as well as learn that there are exceptions to every problem. Theory Strengths It is collaborative in its approach. It focuses on the client competencies. There are exceptions to every problem. Help clients to view their problems in a different light. Help client to understand small change fosters bigger change. Helps clients to want to change, giving them the capacity to change and to do their best to make change appen. Corey, G. (2005). Key Terms Miracle question- is a technique that counselors can use to assist clients to think outside the square in regard to new possibilities and outcomes for the future. Exception Questions-Having an understanding of what the client hopes to achieve and the counselor and client can begin to work towards these solutions. Scaling Questions- invites the clients to perceive their problem on a continuum. Scaling questions ask clients to consider their position on a scale (usually from 1 to 10, with one being the least desirable situation and 10 being the most desirable). Presupposing change-when the clients is focused on changing the negative aspects (or problems) in their lives, positive changes can often be overlooked, or discounted due to the ongoing presence of the problem. Is this Theory Research-based. Researched and Evidenced. Special Training Requirements SFBT therapists should posses the requisite training and certification in mental possess (a) a minimum of a masters degree in a counseling discipline such as counseling, social work, marriage and family therapy, psychology, or psychiatry; (b) formal training and supervision in solution-focused brief therapy, either via a niversity class or a series of workshops and training. Narrative Externalizing the Problem Unique Outcomes Alternative Narratives Micheal White David Epston Clients requiring long term therapy. Narrative Therapy can be challenging when the individual is not articulate. Lack of confidence, intellectual capacity and other issues could also undermine the expression of the individual through a narrative. The therapists role is to listen attentively to clients stories to search for times in the clients lives when they were resourceful. Ask questions in a way to engage the Become active facilitators. Show openness and empathy. Help clients construct a preferred alternative story. To help client separate the problem from the people instead of person own the problem. To create a collaborative relationship with the client being the senior partner. Having empowerment. To realize they are the expert, of his/her story instead of attempting to predict it. This standpoint enables the client to explore many of the important aspects of good interpersonal communication, such as: demonstration of care, interest, respectful curiosity, openness, empathy, and fascination. Theory Strengths Narrative Therapy allows the client to search his or her past and find a hidden roblem that the client finds is dominating their lives. The past can be painful for the client, and the client may find relief when they are able to edit and rewrite their story. This theory strength also focuses on the clients strengths and opportunities for growth rather than weaknesses and failures. This includes the client to begin the process of change and re-authoring. Theory Limitations Narrative is a fairly new theory despite being a widely used approach, particularly when combined with other therapeutic approaches; Narrative Therapy has certain boundaries and limitations. Diverse clients may expect the therapist to act as the xpert, instead of having to conduct the conversation themselves. This can make Narrative Therapy challenging when the individual are not articulate or have lack of confidence, intellectual capacity. Deconstructive show how stories are constructed; situate narratives in larger systems. Renaming- Support client efficacy by sharing authorship and expertise with client. Perspective-explore other peoples views of the client. patient efficacy regarding the problem. Hypothetical Stimulate patients imagination to envision different,(MlRACLE) more hopeful futures. Preference Check to make sure that exceptional moments are actually preferred to he problem story; establish patient preferences.

Wednesday, November 27, 2019

Religion Essays (719 words) - Stephen Crane, Repentance, Blue Hotel

Religion Role It is not surprising for an author's background and surroundings to profoundly affect his writing. Having come from a Methodist lineage and living at a time when the church was still an influential facet in people's daily lives, Stephen Crane was deeply instilled with religious dogmas. However, fear of retribution soon turned to cynicism and criticism of his idealistic parents' God, "the wrathful Jehovah of the Old Testament", as he was confronted with the harsh realities of war as a journalistic correspondent. Making extensive use of religious metaphors and allusions in The Blue Hotel (1898), Crane thus explores the interlaced themes of the sin and virtue. Ironically, although "he disbelieved it and hated it," Crane simply "could not free himself from" the religious background that haunted his entire life. His father, a well-respected reverend in New Jersey, advocated Bible reading and preached "the right way." Similarly, his mother, who "lived in and for religion," was influential in Methodist church affairs as a speaker and a journalist in her crusade against the vices of her sinful times . This emotional frenzy of revival Methodism had a strong impact on young Stephen. Nonetheless, he -- falling short of his parents' expectations on moral principles and spiritual outlook -- chose to reject and defy all those abstract religious notions and sought to probe instead into life's realities. Moreover, Crane's genius as "an observer of psychological and social reality" was refined after witnessing battle sights during the late 19th century. What he saw was a stark contrast of the peacefulness and morality preached in church and this thus led him to religious rebelliousness. As a prisoner to his surroundings, man (a soldier) is physically, emotionally, and psychologically challenged by nature's indifference to humankind. For instance, in the story, "what traps the Swede is his fixed idea of his environment," but in the end, it is the environment itself -- comprised of the Blue Hotel, Sculley, Johnnie, Cowboy Bill, the Easterner, and the saloon gambler -- that traps him. To further illustrate how religion permeated into Crane's writing, many scenes from The Blue Hotel can be cited. Similar to the biblical Three Wise Men, three individuals out of the East came traveling to Palace Hotel at Fort Romper. The issue explored is the search for identity and the desire of an outsider (the Swede) to define himself through conflict with a society. Referring then to the martyr-like Swede, who is convinced that everyone is against him, the Easterner says "... he thinks he's right in the middle of hell". On the contrary, the Blue Hotel can be seen as a church, with its proprietor Patrick Scully who looks "curiously like an old priest" and who vows that "a guest under my roof has sacred privileges". Personification of a wrathful God is portrayed when the guests are escorted through the portals of a room that "seemed to be merely a proper temple for an enormous stove...humming with god-like violence". Additionally, alluding to baptism, the guests then formed part of a "series of small ceremonies" by washing themselves in the basins of water. To further prove the innocence of his building, Scully points out the pictures of his little girl on the wall. All in all, in contrast to the safe haven of the hotel, the reality is that "hell" turns out to be the red-lighted town saloon where the Swede is eventually murdered. Another recurring topic in Crane's writing is the responsibility for a man's death. For not acting upon his knowledge of Johnnie's sin (his lying and cheating at the card game), the Easterner is portrayed as a betrayer, with guilt eating him inside. At the beginning, no one at the hotel would discuss fear or death with the Swede. Thus, in repentance on his part, the Easterner comments, "Every sin is the result of a collaboration". Indeed, in the end, the conspiracy of silence between the 5 men involved in the murder leads to a brutal result: The Swede "losses fear and gains death". A rhetorical question is left then for the reader to reflect upon, posed innocently by the Cowboy, "Well, I didn't do anythin', did I?". In conclusion, it can be seen that -- through the exploration of responsibility, guilt, betrayal, and repentance -- Stephen Crane develops the theme that man is alone in a hostile society and nature. The virtuous religious dogmas cannot always explain and help make sense of the cruel realities that each of us faces. Thus, it is only through trusting "the God of [one's] inner thoughts" that one can

Saturday, November 23, 2019

SAT Admission Ticket What It Is, How to Print It Out, and What to Do if You Lose It

SAT Admission Ticket What It Is, How to Print It Out, and What to Do if You Lose It SAT / ACT Prep Online Guides and Tips If you’ve signed up for the SAT, you’ve probably heard that you need an SAT admission ticket to get in on test day. The College Board makes a big deal about these tickets, and it can be stressful to figure out how to input all your information, get the right picture, and find a way to print the ticket. Don’t worry! This guide will walk you through exactly what the admission ticket is, how to print it out, and what to do if you lose it. What Is the SAT Admission Ticket? The admission ticket is your proof that you are registered to take the SAT. You must have it to be admitted to the testing center on test day.It also has helpful information about your testing center (for you) and any accommodations you might need (for your proctor). I've included my SAT admission ticket below, so you can see what one looks like. Let's go through the key sections- I numbered them above. Your photo: it's a picture of you! The College Board requires this to help discourage cheating. There's lots more info about how to pick a good photo below. Your personal information: This section contains info like your address and your birth date. Make sure it's all correct well in advance of your test date. Test day info: This section has information about when and where you're testing and which test you're taking (the SAT, the SAT with Essay, or the SAT Subject Tests). Notes for students: This section includes special instructions for what to do when you get to the test center. For example, at my testing center, I had to pay a dollar to park and got my room assignment at building FF. (Despite the instructions, I hit a few snags, so remember to leave yourself plenty of time no matter how prepared you are.) Supervisor instructions:This section includes any extra info your proctor might need. For most students, it's blank, but if you do have special accommodations of some kind, politely remindyour proctor when you arrive. Why Do You Need an SAT Admission Ticket? Essentially, the admission ticket is meant to prove you are who you say you are. In its current form, the ticket is a reaction to issues the College Board has had with cheating: students would have someone else register in their name and take the test for them. Make sure to bring your SAT ticketwith you on the day of the test or you won’t be allowed in. How Do You Get an SAT Admission Ticket? As you might have gathered, in order to get an admission ticket you must register for the SAT. If you haven’t already done so, you can find step-by-step instructions here. During that process, there are two key steps that you'll need to complete to get your SAT ticket. How to Pick a Photo During that process, you’ll be asked to provide a photo for your ticket. This can seem daunting, because the College Board has a lot of rules for what kind of photo you can use. There’s no need to panic, however. The key points are that it needs to be a photo of you that is just your head and shoulders and is well-lit enough that you’re easily recognizable. If you have a .jpg version of your school photo, you can use that. Another good option is using a webcam to just snap a photo right with your computer. Otherwise, get a friend or family member to help you take a headshot with a phone or digital camera. How to Print Your SAT Admission Ticket When you’re done with registration, a screen will come up with your SAT Admission Ticket. Make sure all the information is correct and then print out. It can be in color or in black and white- as long as all of the information, including your photo, is clearly visible. If you prefer, you canwait to print the ticket out later. You can access it anytime through your College Board account. Print your ticket out in advance so you don't have to worry if the printer decides not to work. But What Should You Do If... ...You Lose Your Admission Ticket? If you misplace your ticket, don’t panic! It's easy to reprint a lost SAT admission ticket. Just go to the College Board website and sign in. Click on the link for â€Å"Print My Admission Ticket† and reprint. ...You Realize the Information on the Ticket is Incorrect? Again, this problem is easily fixed by logging into â€Å"My SAT.† You can edit your personal information at any time, up until the Monday before the test date. Remember to reprint the ticket once you’ve made your changes to ensure that it matches the information that the College Board has on file. ...You Get to the Test Center and Realize You Don't Have Your Ticket? The proctors will not let you take the test without your ticket, so if you don't have it you'll be in a bad spot. However, you can try having a friend or family member bring it to you if they live nearby. It’s better to avoid this situation all together, so make sure you have everything you need for the test together in one place the night before. If you’re prone to losing things (or just very paranoid), you can also try: making a backup copy and putting it in the car. taping the ticket and your ID to your calculator. Having a system will make you more likely to remember everything you need on the day of the test. Key Facts to Remember About Your SAT Admission Ticket Let's review the important points you need to keep in mind: You must have your admission ticket to get into the test center on the day of the SAT. Your picture must be recognizable as you. Make sure to print your ticket out at least the night before so you know you have it. You can print your SAT admission ticket at any time by logging into â€Å"My SAT.† If you have any other questions about the SAT ticket, just post them in the comments! More Suggested Reading If you're uncertain about the registration process, check out our step-by-step walkthrough of the process (with pictures) and our guides to when to test, how much the SAT costs, how to cancel your registration, and whether you should send the four free score reports. If, on the other hand, your test date is right around the corner, read up on these last minute test day tips that will help you reach your ideal SAT score. Finally, consider taking a look at some of our SAT prep materials. We have great guides for all three sections, including general strategies, study tips, and in depth skill reviews(there are links to each section on the right). Try starting with our guide to the 5 tips that you must use, which will get you thinking about the test in the right way. Want to improve your SAT score by 160points?We've written a guide about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

Thursday, November 21, 2019

Im not sure about the topic Essay Example | Topics and Well Written Essays - 250 words

Im not sure about the topic - Essay Example The Dell brand (former PC Limited) is known for reasonably priced desktop computers as well as for the method of putting together computer systems once the client has ordered certain specifications. Apple has different models of desktop computers together with their accessories. Dell has Intel as well as AMD processors to efficiently carry out its tasks to the satisfaction of the user. However, an Apple has the processor with the specification MOS 6502, 1.0MHz. This is in line with their accompanied lofty dispensing rate (Stanley 435). Dell dimension 2100 1.1G Memory has 256 MB SDRM memory. On the other hand, Apple eMac (M9834L/A) Memory Upgrade has a base memory of 256 GB (removable) and a maximum memory of 1.0 GB with two sockets of memory slots (Stanley 14). This facilitates its diverse operation processes. They range in their capacity to store data with each desktop having different specification. For instance, a Dell computer system has a lower storage capacity when compared with an Apple workstation. An Apple computer system can work best when dealing with enormous information that requires storage. Both are of high sophistication. Concurrently, they give quality output with Apple producing soaring output to the satisfaction of the

Wednesday, November 20, 2019

Data Warehouse Design and Implementation Research Paper

Data Warehouse Design and Implementation - Research Paper Example Additionally, the online analytical processing systems offer a technique to produce ad-hoc queries beside the data-warehouse in an attempt to respond to significant business questions. In the same way, data mining offers a wide variety of techniques and algorithms for finding knowledge in a huge bulk of corporate data. In addition, in order to develop a data warehouse system, we need to put into operation a reliable technology structure where corporate operational data can be managed effectively with real and enterprise-wide aspects and to get into reorganization of a handful application policies to offer a high quality system. However, the implementation and design of a data warehouse system has occasionally been a very big challenge in theory as well as in practice (Charles, 2010; Turban, Leidner, McLean, & Wetherbe, 2005; Olamendy, 2010). This paper discusses some of the important aspects related to the design and implementation of a data warehouse system. The basic purpose of thi s research is to investigate some of the important aspects such as theories, initiatives, models and techniques for better and improved data warehouse system design and implementations. Introduction A data warehouse is normally recognized as an integrated and time-varying set of information and data that is basically used for strategic decision making through OLAP (online analytical processing) methods. ... this perspective, however hardly any technique exists to date for applying similar methods from an operational database (Charles, 2010; Husemann, Lechtenborger, & Vossen, 2000; Laudon & Laudon, 1999; Inmon, 2002). Without a doubt, there are many standards and methods to implement and design a relational data model for a business system which are flexible to design and implement data warehouse technology based modeling, however they cannot be employed as a natural method, consequently data warehouse development modeling is novel regulation that is improving with the passage of time. Basically, the starting point for the design and development of the data-warehouse environment is the data model. In absence data model, the implementation of a data warehouse is almost impossible. In this scenario, the data model works like a roadmap for technology based system development (Charles, 2010; Husemann, Lechtenborger, & Vossen, 2000; Laudon & Laudon, 1999; Inmon, 2002). Moreover, in order to d evelop a data warehouse system, we need to form a reliable technology based environment where organization’s operational data will be maintained effectively in an enterprise and integrated view and to get into recognition a handful accomplishment policy to offer a high quality system. However, the implementation and design of a data warehouse system frequently is a very complex issue in theory as well as practice (Charles, 2010). This paper will present a detailed analysis of data warehouse design and implementation. This research will cover some of the major aspects that need to be considered while designing implementing models of the data warehouse. Data Warehouse Design This section discusses some of the approaches and methods those can be adopted for the data warehouse design which

Sunday, November 17, 2019

Complicated Attitudes Towards Female Characters Essay Example for Free

Complicated Attitudes Towards Female Characters Essay I agree with this statement, as the female characters are revealed to the reader as being powerful over men, seductive, suspicious, mysterious, bewitching and in the end, cause destruction. However, in the poems, males claim some possessiveness over the females. For example; in the poem La Belle Dame Sans Merci a beautiful woman tempts men/ knights with her faery beauty. The knight in the poem, falls in love with her through her seductive actions, but then she abandons him. I met a lady in the meads, Full beautiful a faerys child This quote shows how mysterious the female is by describing her as a faerys child which basically means a mystical fairy in human form, who is playful and has magical powers. In La Belle Dame Sans Merci the reader only gets one interpretation of the female through the knights direct speech, this reflects a complicated attitude to the reader as we have a biased opinion of the female. Also, not having direct speech from La Belle adds to the mysterious-ness of female characters in Keats poetry. A male contrast in this poem is quite important, as in many of Keats poetry. The knight claims possession over the female. He creates garlands and bracelets for which could be used to enclose and trap her. I made a garland for her head, And bracelets too, and fragrant zone I set her on my pacing steed These quote shows his possessiveness over the beautiful woman. In the same way, The Eve Of St Agnes portrays these attitudes towards females. The narrator focuses on a virgin named Madeline, describing her as pure, nieve, vague and blinded by superstition. This gives the reader the impression of her being easily led and expressing her as being quite innocent. In the poem Madeline is at a party and is oblivious to everything going on around her, she is only thinking of the legend St Agnes. St Agnes Eve is believed by virgins that on this night they will see their future husbands in the dreams. The poet describing Madeline as one of these believers, shows the theme of suspicion and witchcraft, as Madeline will perform the rites associated with St Agnes. Keats uses negative capability to contrast innocence with flirtatious, this happens when Madeline goes up to her bedchamber to undress for bed. Of all its wreathed pearls her hair she frees; Unclasps her warmed jewels one by one; Loosens her fragrant boddice; by degrees Her rich attire creeps rustling to her knees: Describing the way she undresses makes her seem like shes doing a striptease. A male in the poem named Porphyro, affects the readers attitude towards Madeline, as he comes across as being the seductive one. As Madeline undresses he watches as hes hiding in her closet. This could portray to the reader about the attitudes towards women, that Madeline purposely stipped like that, because she was thinking about and wishing to tease Porphyro. But as a coincidence, he was there watching every move, showing the powerfullness of women over men. Also, the quote: Sudden a thought came like a full blown rose flushing his brow, and in his pained heart Keatss could be referring to how cunning Porphyro might be, as he was told by the old belle dame that its St Agnes Eve and Madeline had gone up to her bedchamber to dream of her future lover, giving him a seductive idea. To conclude, Keats uses many different met hods, to have an impact on the reader about complicated attitudes towards females in his poetry. Using sympathy as a weapon for the males in his poetry. However, more indepth reading shows that there may be contrasts between men and women and that their roles can be switched over.

Friday, November 15, 2019

Competing Against Low Cost Steel Imports

Competing Against Low Cost Steel Imports Nucor is the second largest steel producer in North America on total production capacity in the end of 2006, with 18 plants. With the year 2006 Nucor was the most profitable steel producer by having the capacity to produce 25 million tons of steel with revenues of $14.8 billion and net profits of $ 1.8 billion. In the late 1960s Nucor established the steel mini-mill industry and since that time, mini-mills have become broadly exist in the large incorporated steel companies out of most niche markets. Nucor in the late 1980s made a brave entry into the flat-rolled steel market, afield of big steel. Nucor follow low-cost leadership strategy, product development by using innovation and technologies, quality systems, strong relationship between employees and productivity, corporate culture and using focus diffrenation, in order to reduce and achieve low costs per ton produced. The market share of Nucor increased by 17% in both years 2005 and 2006. According to the four generic competitive strategies Nucor follow low-coast provider strategy as their strategic direction. They are determined to attain lower overall costs then rivals and tempting to a wide range of consumers. Nucor followed growth strategies which are new acquisitions, new plants construction, continued plant upgrades and cost reduction efforts, and joint ventures. Nucor internally has established a raw materials strategy to control directly and indirectly through global growth with joint ventures, the production of 6 to 7million tons of iron of high quality metals for consumption of its steel mills. Such acquisition is imperative to meet buyer demand for manufactured steel goods. Nucor has a wide array of products and each product must go through a different operations cycle. This is an implication to the efficiency of each unit. Nucor externally has the ability to deliver shipments anywhere in USA. This is a profitable competitive advantage that ensures quick and on-time delivery of products. Nucor ad opts successful marketing and sales strategies. In line with its goals of becoming a global player, it continues to build long-term relationships with contract customers who purchase value added products, 92% of the production of Nucors steel mills was sold to outside customers in 2005-2006. It shows how Nucor is maintaining long- term contracts, and maintaining profitable value-added products. Nucor is known for developing and commercializing new efficient product technologies for the steel manufacturing business. The same enables it to reduce its operating costs and compete effectively in the market. Considering Nucor infrastructure, centralization at the company in the early 2000s has supported the current success and supported the various units. Solid training and employee relation building contributes to the continuous growth. As for services and quality, Nucor focuses on fast delivery and increased customer integrated technologies. Quality control is considered important to ma intain the durability and exact specifications of the manufactured product. Considering political factors, variations amongst countries laws provides favorable and unfavorable circumstances for a large company to do business in that country. Nucor deals with tax policy in USA paying federal, state, and local taxes, affecting its bottom line. Nucor has to understand the taxes of other countries planned for contracts implementation. As for economic factors, exchange rate fluctuations and interest rate changes are considered by Nucor as bases for decisions on expansion, and competition. Markets are attractive for steel companys entrance when the currency is week, and interest rates low. No greater advancement has had more impact on the steel industry than the recent technological improvements. While many industries are outsourcing much of their manufacturing, Nucor has been able to undertake the opposite approach and expand in the domestic market. Technology increases efficiency of fac tories, decreases inventory, and enhances product quality. The efficient mini-mill is an example of this. Strategic Issue Given the internal and external factors, that steel situations in the world had been improved by 2005-2006. The prices were higher in the U.S by 50% in 2000 as well as Nucors Sales. However foreign steel companies, dumping in home domestic market and U.S market below market prices that leads to over capacity and more supply than demand. Inside US and Outside US market. The Demand increased by 6% should Nucor continue focusing on the U.S steel market or begin to expand into another foreign markets? Or should they have to deal with budding volume of low priced foreign imports in the US market and how to compete with foreign steel producers? Do they need to expand the capacity of the company steel-making and start building new plants, new acquisitions, and new joint ventures? External Environment External factors include those influences cut side the industry in the macroeconomic that should be considered in shaping the companys strategies in long-term direction are legislative factors, economic, socioeconomic, and technological factors. Political and Legislative Businesses are heavily regulated, from state to federal to international. These regulations challenge the ease of achieving profit margins. A business must deal with the local laws and regulations of another business when attempting to compete in a foreign territory. For Nucor Corporation, the growing international competition requires addressing and dealing with various types of laws, mainly taxation. Nucor deals heavily with the tax policy and regulations in the United States paying federal, state, and local taxes. Each imposes heavy effects on their bottom line. Taxes however do not always negatively impact a business. Many international steel companies were selling their products at below market cost to undercut domestic competition. Taxes imposed protect the domestic industry. The same is important when competition is high. Nucor is a large company that is subject to international trade agreements. It is financially essential for a company to understand the costs associated to all regulations and tariffs on import and export processes, especially that competition ad globalization are required to maintain profits in the future. Economic factors As Nucors strategy has always been to become a market leader, much of its growth comes from international markets, especially developing ones. Thus, it is always exposed to exchange rate fluctuations. Markets become attractive when their currency is weak. This was the situation of the steel industry during the economic downturn in 2001. When markets become attractive due to weak currency, the demand for steel would increase and consequently the supply to meet the increasing demand. To finance the large expenditures, loans are very common. As interest rates decrease, corporate loans increase to create an expansionary economy. The same will create positive effects on corporate spending of major steel buyers, and consequently suppliers. Hence, steel demand and supply would increase. Socioeconomic factor Steel industry operates on a business to business model. The same allows for greater efficiency and protects from the risk impact of negative social factors. These factors include consumer behavior, fashions, geographic location, consumer thoughts, ectA company like Nucor must understand the sub-cultures of each market segment where it exists, and concentrate on the most profitable. Nucor considers expansion through acquisition. This carries along the risk of mixing two distinct cultures. Nucor must be able to preserve and embrace new knowledge employees, skilled labor, and other valuable assets. Moreover, the existing individual cultures can be a source of risk, so assuring adequate safety environment should be a priority. Nucor differentiates itself by high wages, incentive based pay, and a flat organization. Each of these has a positive impact on the existing Nucor organizational structure. The existing challenge and risk would be to create equilibrium between preserving a positive culture, and an increased profit strategy of which lower wages is somehow a must. Nucor Corporation recognizes its role in protecting the environment. It gives attention to the environment of the communities in which it operates and recognizes its importance to the employees. Protecting the environment is critical to its operations and long-term success. To illustrate, Environmental compliance is a priority for Nucor management equal with all other business functions. Technological factors While many competitors within the steel industry are outsourcing many of their manufacturing due to increased technology, Nucor is able to take the opposite approach and expand in domestic market. Technology increases efficiency, decreases inventory, and improves the product quality. Nucor, for example was able through the new technology used to efficiently use the small factory production mini mill to increase its capacity utilization. The mini-mill simplifies the process when compared to the more tradition integrated mill. It cuts many corners in the production cycle and also uses larger percentage of scrap metal. This in return reduced the amount of pollution from making steel significantly by eliminating the several elements of the old blast furnace process. Technology also provides greater enhancement for engineering and sales. The products have detailed computerized models with test statistics, and efficiency attributes. The sales department is able to directly deal with customers through the internet. Transactions are seamless and process quickly. Technology has enhanced the steel industry processes but it has its draw backs that need to be considered. For example, computer failure, database errors, and any simple user error can affect the business. Having specialists and IT managers will have its positive impact on controlling these risks. Industry Analysis There have been two major factors influencing the steel industry- consolidation of global companies, and revolutionary technological changes among competitors affecting prices, production, and consumer satisfaction. National boundaries have melted to encompass an ever increasing world market. Since, the beginning of the 21st century, the industry has been hovering around 75% capacity utilization, a level too low for many companies, thus, forcing them to globally consolidate. Examples of these consolidations are the three European companies who merged to form the worlds largest steel producer and the two Japanese companies who did the same to form the second-largest steel producer. Driving Forces The defining characteristics of the industry are increasing globalization of the industry, and technological changes. As for globalization, it is a driving force as it will have an effect on the overall industry growth. When considered, globalization will pave the way for consolidation between companies allowing them to be strong players in the industry where their success or failure will have an impact on the overall industry growth. Technological changes can have great impact on the industry. When more improved technologies are used, production and prices will be affecting the industry growth. The global steel market grew by 8.2% in 2007 to reach a value of $529.7 billion. In 2012, the global steel market is forecast to have a value of $759.1 billion, an increase of 43.3% from 2007. Key Success Factors The Key success factors (or KSFs) are competitive factors most affecting every industry members ability to prosper. KSFs include; Necessary resources, competencies, and capabilities (organizational style) Competitive capabilities Expertise in a particular technology Scale economies or experience curve benefits Strong network of wholesale distributors, and suppliers Nucor was established in 1966 and continues to grow strongly according to a number of key success factors and strategic organizational strengths. The companys organizational style is remarkable and features a number of factors that contribute to Nucors success. First, the company employs a decentralized business style. In 1966, Iverson assumed the role of president to be decentralized manner has been used and been very successful. A decentralized business style distributes the administrative responsibilities or powers among several authorities rather than a large number (Decentralization). This style has permitted Nucor to empower their managers and employees. By Improving the level of empowerment allows each division manger control over day-to-day decisions and transactions that will increase profitability. Nucors decentralized business style also helps the Co. to be lean. Lean manufacturing incorporates the production of goods using less waste, less human effort, manufacturing, too ls, inventory, and less time. Equivalent to their lean business style, Nucor is continually seeking for improvement. Stable aim to decrease production cost is always a priority and ultimately helps to lower costs of steel to buyers. Moreover, a focus on dealing with employees helps in reducing employee turnover and increase productivity. Safety is an important consideration for Nucor and is consistently monitored and improved. Employee surveys are conducted every 3 years which helps to give an insight on employee attitudes and concerns. Management then compares the surveys across plants and divisions to control potential problems areas and increase employee satisfaction. Finally, Nucor focuses on creating strong relationships with outside parties. This enables it to establish long-term sustainability with these parties. Furthermore, structure and supply cost will often be decreased which allows for lower costs for buyers. Strong relationships established ensure long-term sustainability and lowered prices for Nucor. The booming business structure of Nucor along with the management styles implanted has allowed the Co. to become a leader in the industry. The Company has established a reputable brand and has created brand awareness both domestically and internationally. It currently has a significant market share of the U.S. market and is budding as a global leader in tough industry. Moreover, their increase in size has helped them increase production capacity. Last but not least, Nucor has a strong technological focus and is works at all times to boost manufacturing and production pace. Innovation also is always considered and helps the company remain a leader. Being the largest steel manufacturer, Nucor remains a profitable company in one of the most cyclical industries in the economy. Nucor enjoys this success for several reasons, employee relations, quality, productivity, and aggressive focus on innovation and technical excellence. Nucors strategy low cost providing, they know they are selling a commodity for which the competitive edge in the industry is lowering prices through innovation and productivity. Firms in other Industries Offering Substitute ProductsPorters five forces analysis Suppliers of Raw Materials, Parts, Components, or Other Resource Inputs Rivalry among competing Sellers Competitive pressures created by the jockeying of rival sellers for better market position and competitive advantage Buyers Potential New Entrants They five competitive forces affecting industries attractiveness are: Competitive rivalry: (High Threat) The global competition in the steel industry faces Nucor and the vast array of competitors that fill the industry. Intense competition among competitors in the domestic market of Nucor causes a cyclical effect within the industry. Each competitor strives to win bids of contracts, causing a stiff price war in the market. As price is the main factor for differentiation among competitors and it is the bases of the industry, the company with the lowest fixed costs will survive the longer, and be the most profitable. Nucors use of both base pay and incentive pay ensure output is relative to pay and, therefore, decreases its fixed costs. The business model differentiation is also primary means of competition. Nucor has a decentralized structure with control being at the factory level. This advantage allows for focused decision making, and efficient use of profits. Extremely high exit barriers are a major risk to competitive competition. During times of economic downturn or overproduction, inefficiencies are weeded out. The United States boasts one of the strongest protections for businesses with its bankruptcy laws to ensure they can make it through these tough times. Counter this though, the U.S. also has some of the toughest laws against closing inefficient plants. Extremely high exit barriers are a major risk to competitive competition. Competition from Substitutes: (Low to moderate Threat) This threat is considered low as there are few substitutes for the use of steel. From auto manufacturing, to structural supports, to fasteners, there are relatively few products available with the strength, durability, and cost efficiencies of steel. The largest alternative to steel would be use of another material. Plastics are on the top of the list, but have not found the same durability as steel. Wood may have aesthetic appeal but cannot combat with steels robustness. Alternatives increase market presence at times of economic downturn and times of increase in steel material cost. To hedge this threat many manufacturers maintain inventories of steel reserves. Large companies also trade steel futures to ensure stability of price and guaranteed supply for a future specified time. The goal is to maintain low costs and market share during times of economic fluctuation. Bargaining Power of Buyers: (High Threat) The buyers impose the greatest; they are the bases for price competition by influencing the demand. The ultimate goal of the buyer is to get the best quality product at the lowest price. The ultimate goal of the seller (Nucor) is to get most attainable profit for the least cost. Because the market is filled with numerous suppliers and taking into account the two different goals of suppliers and buyers, the steel industry is commonly a buyers market. Bargaining power of Suppliers: (High to moderate Threat) The supply of raw materials, steel shreds, iron ore, or recycled steel can have a great effect on the cost strategy. Most of the steel used for manufacturing in US is imported. Due to the difficulty in suppliers ability to constantly meet the demands of the companies such as Nucor, joint ventures between suppliers and manufacturers are established. The same ensures low costs for manufacturers. Acquisition of the supplier might also be undertaken by the manufacturer. Also, the power of unions labor and unionized labor, could affect the labor costs for steel produces in placing weak competitive force and on cost disadvantage vis-à  -vis firms with nonunion labor. The Threat of Entry: (Moderately Strong Threat) The main determinate for an entry into an industry is the costs associated. Barriers to entry have increased due to merging and globalization growing of many competitors. Economies of scale and capital requirements are the greatest barriers I the steel industry. Larger quantity orders of raw materials are usually discounted. Higher production volumes directly discount the associated costs. During times of strong growth, such as the 1960s-1980, economies of scale are very good. During stagnation or recession, these approaches often cause diseconomies due to under utilization of capacity. Product differentiation is also a major barrier to entry. Steel is not sold on its overall difference, but more commonly on price. Many manufacturers utilize the same technologies and process. Price wars are seen in minimization of fixed costs as stated earlier. Directly with this, there are few switching costs from one manufacturer to another. Little brand loyalty is recognized in an industry that does not appeal to consumer loyalty or brand image. Entrants must find a way to compete based on lower costs. Access to raw materials is additionally a barrier. Many times raw materials must be bought in large quantities (economies of scale). The cost disadvantages associated with small material purchases can be huge and directly increase overall manufacturing costs; this make competition challenging in a market where margins are already slim. Government policy is not a major threat to entry on the domestic level, but at the international level the barriers are enormous. Well established relationships by large steel manufactures with governments allow for easy creation of contracts in a foreign territory. The creation of these contacts takes time, executive work hours, and vast amounts of money. As most steel manufacturers must be globally competitive to maintain profits, government policy is threatening entry barrier. At first glance it may seem the mature steel industry would not be very attractive. This may be true to a new entry on a small scale, but with the advance of globalization the steel industry is again becoming very attractive. Industry Profile and Attractiveness The Industry position and competitive structure future for a low-cost steel producer such as Nucor is attractive due to the good shape of their financial situation to gain sales and market share however the industry market environment maybe un attractive to some rivals but for some other rivals it may indicate some opportunities. The demand for steel globally has been rising strongly in recent years, and this is likely to continue. The industry has become attractive for new entrants from the international market since these companies are not burdened by union contracts and since governments may provide special incentives in order to help them establish a customer base in steel, which can help in forming an important part of a nations economic infrastructure. Although the U.S is already dumped with outsider steel products, it is still considered to be a reliable and potential market for other global companies. As summary of the Nucor case gives many insights into the company and the industry. In general, the steel industry is a very strong industry to compete in successfully. The question here is the steel industry an attractive one? The answer would yes, if the entering company is already in the industry and well set up and highly regarded. Moreover, its very important that the company is in a position to acquire other companies and/or form joint ventures. Nucor currently has done an amazing job moving itself up from near bankruptcy to an industry leader. Major numbers of challenges have been met and overcome throughout the companys life. However, this does not mean that there will not be more major challenges for Nucor. Nucor is nowadays is facing growing competition from both domestic and international rivalries. Its critical that Nucor continues to grow and increase global market share. Current management must continue to specialize in Nucors core product and capitalize on a proven suc cessful organizational structure. Can Nucor continue to succeed as a global steel company into the future? This is the main concern. Nucor is capable of continuing its entrepreneurial spirit as it grows larger because its marketing and management techniques. Since Nucor has been an innovative and risk-taking company, their profits will continue to expand. Nucor has embodied techniques that have been profitable to the company. An example of these techniques is the fact that Nucor managers would set standards for quality and output for groups of 25 to 30 employees and reward them with weekly bonuses. By emphasizing quality and efficiency in employees and then rewarding them for it, Nucor only increases its own profits. Company Situation Nucor Situation Introduction Nucor deals with key specific issues in the steel industry including the fast growth of steel producers in the world reflecting as an increased capacity in steel production creating prices war, and the competition in an industry where technology usage has been a way for saving costs. Despite their specialization into steel, Nucor Corp. has become a benchmark for both the U.S. steel industry and U.S. industry in general. Nucor is one of the fastest growing and most efficient steel producers in the world. Despite the declining demand for steel, Nucors growth has been phenomenal, from pouring its first batch of steel in the 1960s to support in-house operations; the company has become one of the top five producers of steel in the U.S. Nucor has repeatedly achieved technological feats other steel producers thought impossible. Their hourly pay is among the lowest in the industry, yet they have the highest productivity per worker of any steel producer in the U.S. But can it continue to do so? Financial Analysis According to Nucor Corporation Financial Ratios data for 2005 2006 provided in Table 2 Profitability  [1]  : Profitability ratios are used to assess a businesss ability to generate earnings as compared to its expenses and other relevant costs incurred during a specific period of time. For most of these ratios, having a higher value relative to a competitors ratio or the same ratio from a previous period is indicative that the company is doing well. Gross profit margin FYE  [2]  12/06 increased by 14% reflecting an increase in sales for 2006. Liquidity ratios remained almost the same reflecting the continuous ability of the company to meet its obligations and invest further in the new technologies adoption strategy. Activity  [3]  : Are ratios that measure a firms ability to convert different accounts within their balance sheets into cash or sales Inventory turnover and total asset turnover were positive and closely in-line with past results. Nucor maintains the ability to draw class investors with its relatively strong financial performance, though down a bit from previous years. The increase in activity ratios is affected by the increase in sales FYE 12/06. Leverage  [4]  : Ratios used to calculate the financial leverage of a company to get an idea of the companys methods of financing or to measure its ability to meet financial obligations. There are several different ratios, but the main factors looked at include debt, equity, assets and interest expenses. Leverage ratios decreased by 1% FYE12/06 as compared to year 2005. The same reflects the ability of the company to meet its obligations and the reduction in reliance on leverage to meet its strategic plans. As globalization and acquisition is the focus, the leverage ratios are important. Debt has remained relatively low as compared to assets and equity, 23% and 44%respectively. Liquidity  [5]  : Are ratios used to determine a companys ability to pay off its short-terms debts obligations. Generally, the higher the value of the ratio, the larger the margin of safety that the company possesses to cover short-term debts. The current strategies may require short-term loans to finance acquisition. With these ratio levels, Nucor is in the position to shop for good interest rates. Total cash reserves for 2007 were roughly $1.4Billion, which will directly aid a globalization and expansionistic approach. As conclusion, at the end of year 2006 Nucor was in very good shape financially and the financial performance is strong for the 2004-2006. The date in table 1 shows how Nucor increased tons sold during the year 2000- 20006 with increasing in sales and market share of their products. SOWT Analysis In this part which is simply but powerful tool for sizing up a companys resource strengths and competitive efficiencies, its market opportunities, and the external threats to Nucor future well-being of Nucor Table 2. Nucors strengths Technology Innovation: Is one of Nucors key strengths due to the amount of resources they can save because of it. Nucor also has established plants with low pollution levels. The ability for Nucor to use this to its advantage allows them to be more competitive with the market by substantially lowering their production cost. It also allows them to be environmentally friendly, which is a huge worldwide social concern these days. Continuous Innovations allows Nucor to hold its technological edge on the competition. Nucor is always moving and always improving its business cycle through the use of continuing innovation. Nucor is an industry leader when it comes to innovation. Strong market position: Nucor Corporation has many different competencies that allow it to hold a strong position in the steel industry. These include its adopted new technologies, successful management structure, strong established market relations, and the long successful existence in the market. The company has marvelous industry position and positive financial results for the past over 40 years. Corporate Philosophy: One of Nucors strategic strengths is its philosophy of empowering its workers and reducing the inefficient layers that plagues corporate. Company structure is decentralized with minimal management layers. Cost control: Nucor focuses on cost control. To be competitive in a market with little product differentiation, price is the main competitive factor. One of Nucors core competencies is that its expertise in keeping costs low. The same is maintained by adopting technological innovation that helps increase production at lower costs. Nucors Weaknesses A weakness is something a firm lacks, does poorly, or a condition placing it at a disadvantage in the marketplace and these are;  [6]   Missing capabilities in key areas leading to dependence on a volatile market location: Nucor faces some significant weaknesses with its location. Nucor has plants, all of which are located within the US. The problem is that Nucor cannot effectively serve international markets as good as competitors having plants worldwide. The shipping of steel to overseas countries is extremely expensive. Nucor is not in a great market position. Customers can go some place closer to buy their steel essentially knocking off a large shipping cost. Nucor also does not give deals on quantities purchased. Nucors most significant weakness lies with its domestic market. With the US Market being its primary customer base, Nucor is not able to offset losses because of a diversified location worldwide. Nucor is currently in a Market where growth is declining significantly. Deficiencies in competitively important physical, organizational, or intangible assets through high expansion and technology costs: The expansion policy accompanied with dependency on scrap steel and energy prices and the vol