Paper Review, Howells (2002) The response of old technology incumbents to technological competition – Does the sailing ship effect exist? Howells presents the audience with a critical view of the ‘sailing ship effect’ and postulates that it is triggered by misinterpretations based on insufficient knowledge, and that the mere existence of this effect is rare. This ‘sailing ship effect’ is the process whereby the advent of a new technology engenders a response aimed at improving the incumbent technology
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In the novel Ship Breaker by Paolo Bagulucipi, Nailer is a strong young man who has no education because of his lifelong job of ship breaking. In Nailer’s job of ship breaking he scavenge ships for items like copper wire to earn money to survive. Nailer and his dad does not have a strong relationship. Nailor is taking more care of his dad then his dad does for him like buying him beer and providing for the family. Nailor’s loyalty changed over time because of his dad behavior and crew members even
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sailboat as means of transportation. Some of these civilizations may have fallen apart if they did not have the sailboat for transportation. Over time, the sailboat and the sail itself have evolved into a fast and efficient way of transportation. Sailing has also now become a sport and hobby that many people enjoy. Both the Industrial Revolution and early civilizations caused the design, safety, and function of sailboats to evolve. Sailboats have been in use as far back as the early Egyptians
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Seascape with Sailing Vessels on the Horizon John Constable is one of the first Romantic artists to view landscapes for their own beauty. He painted during the Industrial Revolution and as a result viewed industrialization as the degradation of the natural environment. Constable’s dystopic view of the Industrial Revolution is evident in his paintings in which he juxtaposes elements of the natural world and industrial world to convey a certain message. In his painting Seascape with Sailing Vessels
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Smooth Sailing Subject: Fair Value Accounting – Asset Impairment Background: Smooth Sailing is a privately-held cruise operator. The company operates a sole cruise ship that was purchased using non-recourse debt from a bank. Nonrecourse debt is secured by the collateral. In the event of default, the lender can only seize the collateral and no further action can be taken against smooth sailing. Smooth Sailing believes their ship is independent of all of their other asset groups. The ship generates
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A mistake is a false assumption made by one or both parties in the formation of a contract and may be used as grounds to invalidate the agreement. There are three types of mistake in the law of contract. These are common mistake, mutual mistake and unilateral mistake. A common mistake is where both parties hold the same mistaken beliefs of the facts. A common mistake ca only void a contract if the mistake of the subject matter was sufficiently fundamental to render its identity different from
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Whether it ships were being used to push and protect the East India company’s lucrative opium trade in China, or were being used to put down liberal rebellions in Mexico, the warships they produced could get your dirty deeds done dirt cheap.1 One of the company’s most controversial customers was none other than the Confederate States of America. Having seceded from the Union of the United States in April of 1861 the rebellious pariah state lacked any real industry and was in dire need of ships that could
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To ensure that assets are carried at no more than their recoverable amount, and to define how recoverable amount is determined. Discussion 1 — Impairment Assessment for a Long-Lived Asset How should Smooth Sailings’ management perform the recoverability test for the cruise ship as of December 31, 2010? In addressing this question, consider: •What assets and liabilities should be included in the “asset group” as defined by ASC 360-10 for purposes of performing the recoverability test?
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Primal Cry All humans are connected whether or not they do see the connection; for example, when one person is mad and he or she takes their madness out on another person and that person gets effected and the domino effect occurs where the whole community is effected just by that person’s mood. Humans are also connected to their ancestors due to their physical and mental characteristics, such as one guy is naturally strong because one of his ancestors needed the strength
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These systems were well received because of new, more economical technology and good business conditions for shipping. • It is not by chance that the transition from conventional radar to ARPA has been compared to the pre- and post-radar era onboard ships. We can expect some of the same problem as in that first transition if proper and thorough training is not received. • When it works properly, ARPA is a fantastic tool in the hands of a qualified navigator with proper training. In the hands of untrained
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