Mutual Fund Project free essay sample

The fund employs a passive management investment approach. It is a low cost way to gain diversified exposure to the equity market in the United States. The fund invests in 500 of the largest companies in the United States. The companies span many different industries and the fund accounts for about 75% of the United States stock market’s value. VFINX measures the investment return of large-capitalization stocks. The most obvious risk is the volatility that comes with its full exposure to the stock market. The mutual fund portfolio’s composition is made up of 99. 45% stocks and . 55% cash. The expense ratio for this mutual fund is . 17%. This is the annual fee that shareholders are charged. It expresses the percentage of assets deducted each fiscal year for fund expenses, including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund. For the Year-to-Date (ytd) rankings in its category, VFINX ranked in at 24 according to Yahoo! Finance. We will write a custom essay sample on Mutual Fund Project or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Over the last 10 years, the fund has performed in direct correlation to the Samp;P 500 being that it is an index fund and there is a beta of 1, meaning that whatever the Samp;P 500 does, the fund will do as well. VFINX is a good choice if an investor is seeking a mutual fund that offers the stability of large, established companies and the wide exposure of a fund that holds both value and growth stocks. Fidelity Magellan Fund (FMAGX) has ridden the ups and downs over the years of the market’s roller coaster. The fund has gone through many changes over the years and one of the most important key factors to the fund’s performance has been related to the way it was managed. The fund currently has assets totaling 14. billion and its portfolio consists of growth and value stocks across the capitalization spectrum from around the world and the United States. The fund keeps about 20 percent of the holdings in foreign stocks. It is one of the world’s most known actively managed funds and has finally found some stability due to its newest manager, Harry Lange. In 2008, during the financial crisis, the management chose to stay aggressive instead of investing defensively and incurred a bad loss, which lead to the changes in management. FMAGX is classified as a large growth fund and is ranked 24 in its category according to Yahoo! Finance. The 3-year beta is 1. 7, which means that it bears more risk than investing directly in the Samp;P 500, however this also means that it could provide heftier returns. The mutual fund portfolio’s composition

Calculating Concentrations with Units and Dilutions

Calculating Concentrations with Units and Dilutions Calculating the concentration of a chemical  solution  is a basic skill all students of chemistry must develop early in their studies. What is concentration? Concentration refers to the amount of solute that is dissolved in a solvent. We normally think of a solute as a solid that is added to a solvent (e.g., adding table salt to water), but the solute could easily exist in another phase. For example, if we add a small amount of ethanol to water, then the ethanol is the solute, and the water is the solvent. If we add a smaller amount of water to a larger amount of ethanol, then the water could be the solute! How To Calculate Units of Concentration Once you have identified the solute and solvent in a solution, you are ready to determine its concentration. Concentration may be expressed several different ways, using percent composition by mass, volume percent, mole fraction, molarity, molality, or normality. Percent Composition by Mass (%)This is the mass of the solute divided by the mass of the solution (mass of solute plus mass of solvent), multiplied by 100.Example:Determine the percent composition by mass of a 100 g salt solution which contains 20 g salt.Solution:20 g NaCl / 100 g solution x 100 20% NaCl solutionVolume Percent (% v/v) Volume percent or volume/volume percent most often is used when preparing solutions of liquids. Volume percent is defined as:v/v % [(volume of solute)/(volume of solution)] x 100%Note that volume percent is relative to the volume of the solution, not the volume of solvent. For example, wine is about 12% v/v ethanol. This means there is 12 ml ethanol for every 100 ml of wine. It is important to realize liquid and gas volumes are not necessarily additive. If you mix 12 ml of ethanol and 100 ml of wine, you will get less than 112 ml of solution.As another example, 70% v/v rubbing alcohol may be prepared by taking 700 ml of isopropyl alcohol and adding su fficient water to obtain 1000 ml of solution (which will not be 300 ml). Mole Fraction (X) This is the number of moles of a compound divided by the total number of moles of all chemical species in the solution. Keep in mind, the sum of all mole fractions in a solution always equals 1.Example:What are the mole fractions of the components of the solution formed when 92 g glycerol is mixed with 90 g water? (molecular weight water 18; molecular weight of glycerol 92)Solution:90 g water 90 g x 1 mol / 18 g 5 mol water92 g glycerol 92 g x 1 mol / 92 g 1 mol glyceroltotal mol 5 1 6 molxwater 5 mol / 6 mol 0.833x glycerol 1 mol / 6 mol 0.167Its a good idea to check your math by making sure the mole fractions add up to 1:xwater xglycerol .833 0.167 1.000Molarity (M) Molarity is probably the most commonly used unit of concentration. It is the number of moles of solute per liter of solution (not necessarily the same as the volume of solvent!).Example:What is the molarity of a solution made when water is added to 11 g CaCl2 to make 100 mL of solution ? (The molecular weight of CaCl2 110)Solution:11 g CaCl2 / (110 g CaCl2 / mol CaCl2) 0.10 mol CaCl2100 mL x 1 L / 1000 mL 0.10 Lmolarity 0.10 mol / 0.10 Lmolarity 1.0 M Molality (m) Molality is the number of moles of solute per kilogram of solvent. Because the density of water at 25 °C is about 1 kilogram per liter, molality is approximately equal to molarity for dilute aqueous solutions at this temperature. This is a useful approximation, but remember that it is only an approximation and doesnt apply when the solution is at a different temperature, isnt dilute, or uses a solvent other than water.Example:What is the molality of a solution of 10 g NaOH in 500 g water? (Molecular weight of NaOH is 40)Solution:10 g NaOH / (40 g NaOH / 1 mol NaOH) 0.25 mol NaOH500 g water x 1 kg / 1000 g 0.50 kg watermolality 0.25 mol / 0.50 kgmolality 0.05 M / kgmolality 0.50 mNormality (N) Normality is equal to the gram equivalent weight of a solute per liter of solution. A gram equivalent weight or equivalent is a measure of the reactive capacity of a given molecule. Normality is the only concentration unit that is reaction dependent.Example:1 M sulfuric acid (H2SO4) is 2 N for acid-base reactions because each mole of sulfuric acid provides 2 moles of H ions. On the other hand, 1 M sulfuric acid is 1 N for sulfate precipitation, since 1 mole of sulfuric acid provides 1 mole of sulfate ions. Grams per Liter (g/L)This is a simple method of preparing a solution based on grams of solute per liter of solution.Formality (F)A formal solution is expressed regarding formula weight units per liter of solution.Parts per Million (ppm) and Parts per Billion (ppb)Used for extremely dilute solutions, these units express the ratio of parts of solute per either 1 million parts of the solution or 1 billion parts of a solution.Example:A sample of water is found to contain 2 ppm lead. This means that for every million parts, two of them are lead. So, in a one gram sample of water, two-millionths of a gram would be lead. For aqueous solutions, the density of water is assumed to be 1.00 g/ml for these units of concentration. How To Calculate Dilutions You dilute a solution whenever you add solvent to a solution. Adding solvent results in a solution of lower concentration. You can calculate the concentration of a solution following a dilution by applying this equation: MiVi MfVf where M is molarity, V is volume, and the subscripts i and f refer to the initial and final values. Example:How many milliliters of 5.5 M NaOH are needed to prepare 300 mL of 1.2 M NaOH? Solution:5.5 M x V1 1.2 M x 0.3 LV1 1.2 M x 0.3 L / 5.5 MV1 0.065 LV1 65 mL So, to prepare the 1.2 M NaOH solution, you pour 65 mL of 5.5 M NaOH into your container and add water to get 300 mL final volume

Spanish Phrases and Idioms Using ‘Ojo’

Spanish Phrases and Idioms Using ‘Ojo’ Sight is one of the most important senses, the one most of us use most to learn whats happening around us. So it shouldnt be surprising that a number of phrases refer to the organ of sight. This is especially true in Spanish, which has over two dozen phrases using the word ojo. Following are some of the most common ones, along with some examples of their use. Many of the definitions below include a literal translations. These are word-for-word translations of the phrase rather than how the phrases would be used or understood by a native speaker. Spanish Phrases Referring to Eyes abrir/cerrar los ojos (to open/close ones eyes): Es un ejercicio que consiste en abrir y cerrar los ojos. (Its an exercise that consists of opening and closing the eyes.) ojo a la funerala, ojo a la virulà ©, ojo morado (bruised or black eye; literally ) ojos saltones (bulging eyes; literally eyes that jump) poner los ojos en blanco (to roll ones eyes; literally to make the eyes white): Cuando no saben de quà © hablar, ponen los ojos en blanco. (When they dont know what to say, they roll their eyes.) Names of Things Using Ojo ojo de buey (porthole; literally crabs eye or oxs eye) ojo de la cerradura (keyhole; literally eye of the lock) ojo de la escalera (stairwell; literally eye of the stairway) ojo de gallo (corn, a type of growth on a foot; literally roosters eye) ojo de pez (fish-eye lens; literally fishs eye) ojo de la tormenta (eye of the storm) Idioms Using Ojo abrir los ojos a alguien, abrirle los ojos a alguien (to open someones eyes): El curso me abrià ³ los ojos a cosas que nunca se me habà ­an ocurrido antes. (The course opened my eyes to things that never had occurred to me before.) a ojos vistas (in plain sight, clearly, obviously; vista comes from the past participle of ver, to see): Antonio progresaba a ojos vistas en todos los aspectos. (Antonio clearly progressed in all aspects.) andar con ojo, andar con mucho ojo, andar con cien ojos (to be careful; literally to walk with an eye, to walk with much eye, and to walk with 1,000 eyes): Anda con ojo con el coche. (Be careful with the car.) a ojo de buen cubero (by rule of thumb, approximately, roughly; literally by the eye of a good barrel maker): La capacidad de la bandeja de papel, a ojo de buen cubero, no supera las 150 hojas. (The capacity of a tray of paper, as a rule of thumb, doesnt exceed 150 sheets.) comerse con los ojos a alguien (to figuratively drool over someone, to stare at someone): Andrea se comà ­a con los ojos a mi amigo Luis. (Andrea drooled over my friend Luis.) costar algo un ojo de la cara (to cost an arm and a leg; literally to cost an eye of the face): Este perro le costà ³ un ojo de la cara. (That dog cost him an arm and a leg.)  ¡Dichosos los ojos que te ven! (How great it is to see you! Literally, happy the eyes that see you!) en un abrir y cerrar de ojos (in the twinkling of an eye; literally in the opening and closing of eyes): En un abrir y cerrar de ojos la vida nos cambià ³. (Life changed us in the twinkling of an eye.) mirar algo con buenos/malos ojos (to look at something favorably/unfavorably, to approve/disapprove of; literally to look at something with good/bad eyes): Esa religià ³n miraba con malos ojos la comunicacià ³n con los antepasados. (That religion looks unfavorably on communication with the dead.) no pegar ojo (to not get any sleep; literally to not seal the eye shut): Hace dos noches que no pegà ³Ã‚  ojo Antonio. (Two nights ago Antonio didnt sleep) poner los ojos a/en alguien/algo (to set ones sights on someone/something): Pinochet puso los ojos en Sudfrica. (Pinochet set his sights on South Africa.) ser todo ojos (to be all eyes): Martà ­n era todo ojos y todo oà ­dos para aprender. (Martin was all eyes and ears for learning.) tener ojo clà ­nico para algo (to be a good judge of something, to have a good eye for something; literally to have a clinical eye for something): No tiene ojo clà ­nico para elegir a quienes le acompaà ±an. (He doesnt have good judgment in picking who goes with him.) tener ojos de lince (to have extremely good eyesight, to have eagle eyes; literally to have the eyes of a lynx): Si tiene ojos de lince posiblemente pueda ver los pequeà ±os loros verdes. (If you can see really well, you might be able to see the small green parrots.) Proverbs and Sayings Ojo por ojo, diente por diente. (An eye for an eye, a tooth for a tooth.) Ojos que no ven, corazà ³n que no siente. (What the eye doesnt see, the heart doesnt feel.) Cuatro ojos ven ms que dos. (Two heads are better than one. Literally, four eyes are better than two.)  ¡Ojo! can also be used by itself as an interjection to mean Watch out! or Be careful!

Strategic Human Resources Management Essay Example | Topics and Well Written Essays - 3000 words - 1

Strategic Human Resources Management - Essay Example This paper declares that the work of human resource department is considered as a distinctive philosophy in organization because of the fact that human resource managers often face a relatively new and unique situational cases related to the proper way of handling employees. When dealing with different scenarios, human resource managers are responsible in conducting a logical reasoning as he/she develop a new strategic solution that will address the main problem within the business organization. Human resource managers should be able to adopt a more flexible scheme and rewards since most of generation Y employees strongly believe in their own worth and has adopted the ‘speak-your-mind’ philosophy. This report makes a concuson that based on the first case scenario presented in this study, we have clearly seen some ways on how the human resource manager could logically address organizational problems related to internal conflicts which may arise due to merger and acquisitions between a medium- and large-scale busineses. As part of the first case, the study shows how the human resource manager could develop and implement a new organizational culture that could promote open commnucation among employees as well as a long-term learning, development, and performance culture. In the second case, proper ways on how to develop a universal motivational scheme for a business organization that is composed of baby boomers and generation Y employees was discussed.

International Relation Essay Example | Topics and Well Written Essays - 1000 words

International Relation - Essay Example ional anarchy where the international systems currently exists under dislikes and power politics which translates to each state surviving though building up of military (Burchill, et al. 2013). This is a situation where states pursue their own interests but they all agree that each needs to attain as much resources as possible for their own relative gain. This they believe will make them much more independent. These resources are mostly material resources and this leads to classification of the world in terms of the developed and the developing with the developed having much more resources than the developing. An example is some of the Asians nations which for a very long time have been among the developing nation’s lists but have collected so much resource that they are currently almost richer than the United States. A perfect example is China which rose out of nowhere to become currently one of the richest nations with their resources being used all over the world from cars to electronics to clothes and toys and even food products. Other nations that seem to have nothing have also suddenly been accumulating wealth by utilizing their natural resources properly such as the Middle East countries especially Arabian nations such as Qatar and the United Arab Emirates which have suddenly become rich because of the oil in their nation (Burchill, et al. 2013). In this proposition, states are considering themselves as the most important actors and hence seeking only what is best for them and not minding how that will play with the rest of the nations in the world. The best example is the xenophobia taking place in South Africa where the foreigners are being killed and chased away from the country or the reasons that they have been utilizing the best resources and having more positive gains than the locals in terms of employment and housing among others (Brock & Dludla, 2015). The locals consider this to be the only way to cater for their own interests and

Henry Moore at the Tate Britain | Summary

Henry Moore at the Tate Britain | Summary Tate Britain is one of the main galleries within London along with Tate modern, which is showing the works of the late Henry Moore (1898-1986), one of the worlds most famous pre-eminent sculptors of the 20th century along with Alberto Giacometti (1901-1966) who is best known by his broad beamed, monumental reclining females. By the first half of the twentieth century there were also Henri Gaudier-Brzeska, Jacob Epstein, and Barbara Hepworth. Which Moore met in 1921 as a fellow student? The Guardian The most important exhibition of Moores work for a generation As you approach the Tate Britain you are confronted with large Henry Moore banners hanging from four white poles on the Manton entrance gallery forecourt, just before you walk down the ramp and steps to the entrance. This makes it easy access for those who are disabled or have wheel chairs. Once inside the entrance youre confronted with a large open visitors and information area, to the right is the gallery shop and to the left is the gallery to the Henry Moore exhibition. This is clearly marked with posters and large wall boards behind the counters, where the tickets are bought. The ticket comes with a map of the whole gallery floor plans, which shows all the rooms throughout the Tate Britain. The whole gallery holds a wide variety of works from famous artists within the 15th to 21st century covering all aspects of British art, history and society. For the Moore exhibition viewers they are also given a fold out leaflet on Henry Moores work within the exhibition giving you a breakdow n of the movements and themes around the time of his works pieces. Viewers are now ready to see the work of the man they read in history books, on websites and within universities to colleges. When entering the first room viewers are greeted with a semi dark atmosphere with a reddish burgundy wall blended with cream walls. These colours make the room feel warm with relaxing surroundings for the sculptures that are positioned on their white plinths. Several pieces were also displayed in clear cases. There where images on the walls and four stone figure masks, also large reclining figures and images of people lying or sleeping in dark scary tunnels in war time. With each displaying piece there was an information plaque. Each piece had a number of individual spot lights pointing to them from the ceilings, which set the pieces off well giving each peace its own individuality. The Daily Telegraph We see a different Moore from the one most of us know In 1901 Moore studied one of the old masters from the 15th to 18th century. The great Michelangelo, this is when Moore first became interested in sculpture. By this time of his life Moore was constantly visiting the British museum. Here he encountered that pre-modern art. Also at this time of his life he came across the author, roger frys, book of vision and design. Like fry Moore soon believed that primitive art did convey a possessed intense vitality. When the first publication was printed in December of 1920, which Moore soon read? Here is when Moore first started becoming interested in the primitive art form and the processes. In 1922 Moore begin his first carvings in wood and stones.he particuly love english stones. Around this time moore carved his his first mother and child piece. You can clearly recognize the primitive side to Moores first sculpture pieces within the first gallery rooms. These works fall under the time when modernism was really being challenged. Even Moore hi mself began to challenge the modernism style. You can clearly see this within Moores later years. Each sculpture is positioned so the viewers can study the whole piece from every angel. while walking around them. So with each individual piece u can see how the light reflects off the shapes. which Moore clearly intended to show when positioned out side. This is what makes it easier to understand each piece individually with in the gallery space. When the viewer first walks in to the gallery there is a write up printed on each and every room entrance. You will also notice there are sculptures relating to the mother and child in each room too. The first rooms fall under the time of modernism the next room is the mother and child room then you move on to moores post war peices. Along with Up to here Within this essay I have been looking at the Henry Moore Exhibition at the Tate Britain in London. As explained in the introduction to the exhibition, this focuses on Moores career from the 1920s to the 1960s. This solo exhibition has been widely publicized and praised as these newspapers and quotes show. The Guardian The most important exhibition of Moores work for a generation All the grand claims about archetypes, about humanity essentialised in beautiful organic forms: all are justified by the drawings of sleepers, and the rarely shown images of miners at the coal-face. Moore finds form, in all respects it seems, in draughtsman ship rather than sculpture. Comfortable, passive, smooth, polite: the subject can be as dramatic as a mortally wounded man, as monstrous as a lopped and bloated corpse, and still the sculptures lack singularity and power. What strikes most is their family resemblance, their Mooreishness, their steady continuation down the long decades of his career. It is almost half a century since Herbert Read described them as forms that are vital to the life of mankind, as if we could scarcely survive without them. The world has changed, but the art has not. I cannot believe we were looking at the same sculptures The guardian Talks about how moors works are viewed in the twenty-first century. I think there being a little bit harsh and over critical with his creations and ideas for his sculptures and his works on paper. These where created in the nineteenth century and the views on the works are not the same. The work should be viewed on the ideas of Moore craftsmanship with stone and the desire to the figurative form with the illusion of light and dark and the working with shadows to express the forms. When positioned in the outside environment which plays a big part to observing his pieces with in a natural world. So how can you really see the full potential of moors work when placed within the Tate Britain gallery halls? The Daily Telegraph We see a different Moore from the one most of us know Moore was unlucky in that the years after his death in 1986 were a period of tremendous innovation in British sculpture. As the careers of Tony Cragg, Richard Deacon, and Anish Kapoor hit their stride, it was hard to look at Moores work with a sense of discovery and excitement. Almost a quarter of a century on, we are far enough away to see it in perspective. It no longer looks passà ©, but eternal How was Moore so unlucky after his death? He has succeeded in many ways his work shows how his life was and the forms of his figure sculptures tell a story of desire and passion. he had while working in various stones, even his paper and ink drawings shows a time of desperations in the world of war. People sleeping in the tunnels to survive another day scared wondering if there was going to be a tomorrow. His figure drawing drawn with various mediums from ink and chalk and different washes looking mainly at the form consisted with natural light. Moore was not unlucky as the papers says his work is on show even to this day celebrating his career and life with in the Tate Britain walls yes his figures may be similar to one another in a dimensional way but his craftsmanship and his relation to explore the use of stone is what is important here and the timeline when sculpture artists where still really discovering them selfs in the world of art. As during the time of the 1930s the directions of Nicholson and Hepworths work looked so similar. Even in painting and sculpture they were developing there own vocabulary of pure, simplified forms, along with sculpturer Henry Moore and other artists such as? the leading European practitioners of the new abstract art Naum Gabo, Piet Mondrian, Constantin Brancusi and Jean Arp. For these artists abstraction and the concern with pure forms had a democratic, utopian social aspect and a universal character that could transcend national differences. This vision stood in stark contrast to the rise of fascism, with its emphasis on racial identity and literal, propagandistic art. The Metro Theres Moore to him than you think The big interview: Henry Moore For some, seeing a Henry Moore sculpture indoors is like watching a wild animal in captivity. We are accustomed to viewing his work on display in provincial towns, surrounded by acres of green space, so the prospect of finding more than 150 pieces cooped up under artificial light seems unnatural. However, for this first major London retrospective of the sculptors work since his death in 1986, a darker interior setting should prove entirely fitting? Tate Britain aims to show that, far from being the cosy father figure of 20th-century sculpture, Moore was in fact a more responsive and innovative artist than many give him credit for. Moore is familiar and still so popular yet theres a sense that his critical reputation isnt what it might be, partly because of that familiarity. Says curator Chris Stephens. The language used in the publicity was aimed at a wide range of public audience to attract the general public. There were large flags outside the gallery entrance and posters on the walls within the reception area to publicize the exhibition. The culture show dedicated an hour show programme to the artist, which also included a discussion from the exhibition curator, Chris Stevens. As the publicity includes news clips, national papers and large scale publicity at the gallery these all combine to show the importance of this solo exhibition.

Quality Philosophy Evaluation Essay

Focus Paper on Quality Philosophy Evaluation Focus Paper on Quality Philosophy Evaluation Edward Deming led the quality revolution and defined it from the customer’s perspective. He argues that the customer’s definition of quality is the only one that matters (Dale & van Iwaarden, 2007). He defined quality as the extent by which the performance meets the expectations of the customer. He also argued that quality is the responsibility of management. Deming conveyed the importance of leadership in the cultivation of a culture of quality. The principles that underpin his philosophy also indicate that workers were to be trained and introduced to spirit of quality. He argued that employees should play a key role in the transformation of the organization. He proposed the 14 point philosophy of quality. 1. Create a perpetual drive towards improvement or plan for quality in the long term. 2. Embrace the new philosophy and adopt quality in the whole organization 3. Constant and perpetual improvement 4. Organizations should not rely on inspections 5. Rely on a single supplier for one item in order to ensure consistency 6. The elimination of management by objectives 7. Unclear slogans should be removed 8. The barriers which exist between departments should be broken 9. The transformation to quality should be everyone’s job 10. The removal of barriers which prevent pride of workmanship 11. The implementation of education and self improvement 12. Instill confidence and eliminate fear in job performance 13. Training should be used to remove variations 14. The organization should have quality leadership Joseph Juran Joseph Juran has also published a vast amount of literature on the topic of quality. Juran has two definitions of quality. The first defines quality as the features of products that meet the needs of the customers and which then allow for customer satisfaction (Juran, 2003). The second definition defines quality as the freedom from errors and freedom from deficiencies which necessitate the redoing of work. Juran came with a trilogy philosophy of quality management. This philosophy included: * Quality improvement-this is the process by which originations experience breakthrough in quality * Quality control-this involves the detection of the difference between actual performance and the set goals. * Quality planning-this involves developing processes and products which meet the expectations of the customer. * The above three dimensions of quality were seen as a prerogative of management by Juran. Quality control defines the standard of measure by which quality is determined. Juran saw workers as the implementers of quality. Philip Crosby Philip Crosby had a zero defects philosophy on quality management. He defined quality as being the conformance to requirements. He saw zero defects as the performance standard. He argued that everyone should do things â€Å"right the first time.† Therefore, according, to his philosophy, workers play a fundamental role in promoting quality (Oppenheim, Oppenheim & Levine, 2005). Lewis Ireland He defined quality as the totality of characteristics and features of a service or product that enable it to meet the stated or the implied needs. Lewis Ireland focused on quality in projects. In 1991, Lewis wrote Quality Management for Projects and Programs and stated the importance of integrating quality in projects (Rose, 2005). He has a project management quality philosophy. He argued that quality planning should be used to identify quality standards which are relevant for the project. Project managers have a critical role to play in managing quality. Recommendation The philosophy espoused by Edward Deming holds more water in the current competitive business environment. Deming views quality as a change management initiative which is permanently existent in the methods, systems and processes. He provides the principles which should be followed by management in order to cultivate a culture of quality. In addition, his philosophy is more comprehensive and flexible and therefore easily applied by today’s managers. References Dale, B. G., & van Iwaarden, J. (2007). Managing quality. Blackwell Publishing Juran, J. M. (2003). Juran on leadership for quality. Simon and Schuster. Oppenheim, A. J., Oppenheim, R., & Levine, D. M. (2005). Quality management (pp. 75-76). McGraw-Hill/Irwin. Rose, K. (2005). Project quality management: why, what and how. J. Ross Publishing.