Read without ads and support Scribd by becoming a Scribd Premium Reader.
 
23('6(&7,21IDFXOW\HGXLXFHGXZHVWEXU\MFV9RO(JDQKWPO
(GXFDWLRQ·VWKUHHROGLGHDVDQGDEHWWHULGHD
.,(5$1(*$1
.LHUDQ(JDQLVDSURIHVVRULQWKH)DFXOW\RI(GXFDWLRQ6LPRQ)UDVHU8QLYHUVLW\%XUQDE\%ULWLVK&ROXPELD&DQDGD9$6+HLVWKHDXWKRURIWKHUHFHQWO\SXEOLVKHG7KH(GXFDWHG 0LQG+RZ&RJQLWLYH7RROV6KDSH2XU8QGHUVWDQGLQJ&KLFDJR8QLYHUVLW\RI&KLFDJR3UHVVDQGPDQ\RWKHUERRNVDQGDUWLFOHVRQHGXFDWLRQ
 -&6
LQYLWHVFRPPHQWVUHVSRQGLQJWRWKHYLHZVLQWKLVSDSHU6XFKFRPPHQWVVKRXOGEHDGGUHVVHGYLDHPDLOWRZHVWEXU\#XLXFHGX$OOVXFKFRPPHQWVRQWKLVSDSHUDQGRQRWKHU SDSHUVLQWKHMRXUQDOFDQEHDFFHVVHGYLDWKH-&6ZHEVLWHDWKWWSZZZHGXLXFHGXMFV 
&RS\ULJKW7D\ORU)UDQFLV/WG,661&RSLHVPD\EHPDGHXQGHUWKHQRUPDOWHUPVRIFRS\ULJKWODZ
6RPHWKLQJQHZLUULWDWLQJDQGLQH[SOLFDEOHKDSSHQHGWRPRVWRIWKHFLWL]HQVRI(XURSHLQWKHWKFHQWXU\3ULFHVIRUVWDSOHVOLNHIRRGDQGFORWKLQJEHJDQWRULVH7KHDYHUDJHFLWL]HQEODPHGFORWKHVVHOOHUVIRUJUHHGLO\UDLVLQJWKHLUSULFHV7KHFORWKHVVHOOHUVSURWHVWHGWKDWWKH\ZHUHQRPRUHJUHHG\WKDQXVXDODQGWKDWWKHSUREOHPZDVGXHWRWKHJUHHGRIWKHFORWKPHUFKDQWVZKRZHUHGHPDQGLQJPRUHIRUWKHLUFORWK7KHPHUFKDQWVEODPHGWKHZHDYHUVZKREODPHGWKHZRROPHUFKDQWVZKREODPHGWKHVKHHSIDUPHUV7KHVKHHSIDUPHUVSURWHVWHGWKHLU EODPHOHVVQHVVDQGVDLGWKH\KDGWRUDLVHWKHLUSULFHVWREHDEOHWRDIIRUGWKHLQFUHDVLQJO\H[SHQVLYHFORWKHV6RZKRZDVWREODPH"6RPHRQHZDVFOHDUO\ULSSLQJRIIWKHJRRGFLWL]HQU\EXWQRJURXSVHHPHGREYLRXVO\ULFKHUQRUZLWKRXWWKHDOLELWKDWWKH\ZHUHMXVWUHVSRQGLQJWRULVLQJFRVWVWKHPVHOYHV:KHUHZDVWKHP\VWHULRXVVRXUFHRIWKLVLUULWDQW"'HVSLWHWKHSROHPLFVILQJHUSRLQWLQJPRUDODWWLWXGLQL]LQJDQGHYHQHDUQHVWLQTXLULHVLWZDVQRWXQWLOQHDUWKHHQGRIWKHFHQWXU\WKDW-HDQ%RGLQ>@WKH)UHQFKSROLWLFDOSKLORVRSKHUZRUNHGRXWWKDWQRQHRI WKHXVXDOO\EODPHGVXVSHFWVZDVUHVSRQVLEOH5DWKHUWKHSULFHULVHZDVFDXVHGE\WKHXVHLQWKHUR\DOPLQWVRI(XURSHRIWKHJROGDQGVLOYHUSOXQGHUHGIURP&HQWUDODQG6RXWK$PHULFD$QLQFUHDVHLQWKHPRQH\VXSSO\FDXVHGZKDWLVQRZFDOOHGLQIODWLRQ$VRPHZKDWDQDORJRXVVLWXDWLRQH[LVWVWRGD\ZLWKUHJDUGWRVFKRROV6LQFHPDVVVFKRROLQJZDVLQYHQWHGLQWKHODWHWKFHQWXU\SHRSOHKDYHIDFHGWKHQHZLUULWDWLQJDQGDSSDUHQWO\LQH[SOLFDEOHIDFWWKDWGHVSLWHPDVVLYHH[SHQGLWXUHVRISXEOLFPRQH\DQGKXJHFRPPLWPHQWVRI WLPHE\H[SHQVLYHSURIHVVLRQDOVWKHJHQHUDOHGXFDWLRQDODFKLHYHPHQWRIVFKRROVLVSUHWW\GHULVRU\7KHOLIHWUDQVIRUPLQJDQGOLIHHQKDQFLQJMR\VRIHGXFDWLRQKLWKHUWRDYDLODEOHRQO\WRWKHYHU\ULFKZHUHWREHPDGHDYDLODEOHWRHYHU\RQH%XWWKLVERRQKDVVRPHKRZEHHQUHDOL]HGDVDGUHDU\VHHG\DQGODUJHO\ERULQJHQWHUSULVHWKDWRSHQVWKHSURPLVHGULFKHVRIHGXFDWLRQWRYHU\IHZDQGOHDYHVWKHPDMRULW\VXVSLFLRXVRIDOLHQDWHGIURPDQGHYHQKRVWLOHWRPRVWIRUPVRILQWHOOHFWXDOOLIH7KHSURPLVHWKDWVFKRROVZRXOGDWOHDVWSURGXFHDWUDLQHGZRUNIRUFHDEOHWR
 
23('6(&7,21IDFXOW\HGXLXFHGXZHVWEXU\MFV9RO(JDQKWPO
DGDSWIOH[LEO\WRWKHFKDQJLQJQHHGVRIDQLQGXVWULDODQGSRVWLQGXVWULDOHFRQRP\LVUHDOL]HGRQO\LQSDUWDQGJHQHUDOO\LQDGHTXDWHO\:K\LVLWVRKDUGWRHGXFDWHSHRSOH"5HDGLQJDERXWKRZWRIL[VFKRROVLVGLVWXUELQJO\UHPLQLVFHQWRIWKFHQWXU\GHEDWHVDERXWWKHFDXVHRIWKHSULFHULVHDQGKRZWRVWRSLW2SHQDQ\SDSHURUPDJD]LQHWKDWGLVFXVVHVHGXFDWLRQDQGDUHDGHUZLOOILQGWKHSROHPLFVILQJHUSRLQWLQJPRUDODWWLWXGLQL]LQJDQGHYHQHDUQHVWLQTXLULHVDLPHGDWWKHXVXDOVXVSHFWVWKHODFNRIPDUNHWLQFHQWLYHVLQVFKRROVLQDGHTXDWHO\HGXFDWHGWHDFKHUVWKHJHQHWLFLQDELOLW\RIRIWKHSRSXODWLRQWREHQHILWIURPLQVWUXFWLRQLQPRUHWKDQEDVLFVNLOOVDQGOLWHUDF\GUXJVWKHLQHTXLWLHVRIFDSLWDOLVWVRFLHWLHVWKH EUHDNGRZQRIWKHWUDGLWLRQDOIDPLO\DQGLWVYDOXHVDQLUUHOHYDQWDFDGHPLFFXUULFXOXPDWULYLDOFXUULFXOXPILOOHGRQO\ZLWKWKHLPPHGLDWHO\¶UHOHYDQW·DQGVRRQ,ZDQWWRVXJJHVWWKDWWKHXVXDOVXVSHFWVDUHLQQRFHQWRUDWOHDVWLQQRFHQWRIWKLVSDUWLFXODUFULPHDQGWKDWWKHFDXVHRIRXUPRGHUQLUULWDQWOLHVHOVHZKHUHLQDKLWKHUWRXQVXVSHFWHGSODFH:KHQVFKRROVZHUHVHWXSLQWKHODWHWKFHQWXU\WKUHHLGHDVGHWHUPLQHGKRZWKH\ZHUHRUJDQL]HGDQGZKDWWKHLUREMHFWLYHVZHUH7KHUHDVRQVFKRROVKDYHQHYHUZRUNHGYHU\ZHOOIRUPRVWSHRSOHLVEHFDXVHWKHVHWKUHHLGHDVDUHPXWXDOO\LQFRPSDWLEOH(DFKRQHRIWKHPPDQDJHVWRILQGHQRXJKHOERZURRPLQHGXFDWLRQDOV\VWHPVPDLQO\WRXQGHUPLQHWKHHIIHFWLYHQHVVRI WKHRWKHUWZR
7KHWKUHHLGHDV
,NQRZWKDWORFDWLQJWKHSUDFWLFDOSUREOHPRIHGXFDWLRQLQWKHUHDOPRIDEVWUDFWLGHDVGRHVQRWH[DFWO\TXLFNHQWKHSXOVH$UJXPHQWVDERXWWKHWKFHQWXU\SULFHULVHZHUHDWOHDVWFDUULHGRQDJDLQVWDEDFNJURXQGRIWDQJLEOHJRRGVJUHHQDFUHVRISURSHUW\DQGJROGIURP(O'RUDGR7KHHGXFDWLRQDOHTXLYDOHQWVDUHFHUWDLQO\OHVVWDQJLEOHHVSHFLDOO\WRWKRVHZKRKDYHEHHQFKHDWHGRIWKHPE\G\VIXQFWLRQDOVFKRROLQJ$Q\ZD\OHWPHGHVFULEHWKHVHWKUHHLGHDVDQGZKHUHWKH\FDPHIURP,DPVXUHWKH\ZLOOEHIDPLOLDU7KHILUVWHGXFDWLRQDOLGHDLVWKDWFKLOGUHQVKRXOGEHVKDSHGWRWKHQRUPVYDOXHVDQGEHOLHIVRI WKHDGXOWVRFLHW\,QWKHMDUJRQRIWH[WERRNVWKLVLVFDOOHG¶VRFLDOL]DWLRQ·7KLVLGHDRIHGXFDWLRQLVUHFRJQL]HGZKHQLWHPVLQWKHFXUULFXOXPDUHMXVWLILHGRQWKHEDVLVRIWKHLUIXWXUHVRFLDOXWLOLW\6RUHDGLQJZULWLQJFRPSXWLQJVH[HGXFDWLRQFRQVXPHUHFRQRPLFVEDVLFFRPPRQNQRZOHGJHDQGVRRQDUHDOOMXVWLILHGLQWHUPVRIWKHLUQHFHVVLW\IRUVRPHRQHWRJHWRQDQGEHDJRRGFLWL]HQWRPRUURZ7KLVLVDQDQFLHQWLGHDZKLFKFRQWHPSRUDU\VRFLHWLHVKDYHLQKHULWHGIURPRUDOFXOWXUHVORQJDJR:KHQJRYHUQPHQWVFDPHWRHVWDEOLVKWKHSXEOLFVFKRROVWKLVLGHDZDVVWLOOSURPLQHQWDQGWKHFXUULFXOXPZDVGHVLJQHGWRSURGXFHJRRGFLWL]HQVZKRZRXOGHPERG\WKHGRPLQDQWYDOXHVDQGEHOLHIVRIWKHVRFLDOJURXSDQGZKRZRXOGEHHTXLSSHGZLWKWKHVNLOOVUHTXLUHGE\DQLQGXVWULDOVRFLHW\:KHQSROLWLFLDQVIXOPLQDWHDERXWHGXFDWLRQLWLVYHU\ODUJHO\WKLVLGHDRIHGXFDWLRQWKDWJRYHUQVWKHLUWKLQNLQJ7KHVHFRQGHGXFDWLRQDOLGHDZDV3ODWR·V$VKHFKDWWHGZLWKWKHEHVWDQGEULJKWHVWRI$WKHQVKHFRQFOXGHGWKDWZHOOVRFLDOL]HGFLWL]HQVZHUHPRUHRUOHVVFRQWHPSWLEOH7KHLUUHDG\DFFHSWDQFHRIWKHFRQYHQWLRQDOQRUPVDQGYDOXHVRIWKHVRFLHW\WKH\JUHZLQWRVHHPHGWRKLPDSSDOOLQJDVVXFKEHOLHIVKHVKRZHGZHUHW\SLFDOO\DFROOHFWLRQRIFRQIXVLRQVLOOXVLRQVVWHUHRW\SHVSUHMXGLFHVDQGGRJPDVWKDWGLGQRWEHDUPXFKVFUXWLQ\3ODWRSURSRVHGDQHZLGHDRIHGXFDWLRQDQGEHTXHDWKHGLWWRVXEVHTXHQWJHQHUDWLRQVZLWKVXFKFRPSHOOLQJIRUFHWKDWWKH\KDYHEHHQXQDEOHWRVKDNHLWRIIKHFRQFHLYHGRIHGXFDWLRQDVWKHSURFHVVRIVHHNLQJWKHWUXWKDERXWUHDOLW\7KLVUHTXLUHVDORWRIKDUGZRUNRYHUPDQ\\HDUVWRGHYHORSDUDWLRQDO
 
23('6(&7,21IDFXOW\HGXLXFHGXZHVWEXU\MFV9RO(JDQKWPO
VFHSWLFDODQGLURQLFFDVWRIPLQGDQGDFRPPLWPHQWWRWKHSXUVXLWRINQRZOHGJHWKDWUHTXLUHVVRPHWKLQJDNLQWRVDQFWLW\,WKDVQHYHUSURYHQWREHHYHU\RQH·VFXSRIWHD%XWZKHQSXEOLFVFKRROVZHUHRUJDQL]HGWKHLUGHVLJQHUVWRRZHUHXQDEOHWRVKDNHRII3ODWR·VKLJKPLQGHGLGHDDQGVRWKH\LQVWLWXWHGDFXUULFXOXPWKDWDLPVWRWHDFKVWXGHQWVPDQ\WKLQJVWKDWDUHRIQRSUDFWLFDOYDOXHEXWZKLFKDUHVXSSRVHGWRKHOSWKHPWRXQGHUVWDQGWKHZRUOG)RU3ODWRWKHPLQGLVPDGHXSYHU\ODUJHO\RIWKHNQRZOHGJHWKDWLWDFFXPXODWHVDQGDFFXPXODWLQJDORWRI WKHULJKWNLQGRIGLVFLSOLQHGNQRZOHGJHFDQWXUQWKHVRXOIURPLWVHDV\DFFHSWDQFHRIZKDWHYHUFRQYHQWLRQDOUXEELVKKDSSHQVWREHIDVKLRQDEOHWRDQDXVWHUHDQGGLVFLSOLQHGVHDUFKIRUZKDWLVWUXHJRRGDQGEHDXWLIXO&RUQIRUG+DUGWRNQRFNEXWKDUGWRJHWNLGVHQWKXVLDVWLFDERXW7KHWKLUGLGHDLVODUJHO\GHULYHGIURP-HDQ-DFTXHV5RXVVHDX+HVKDUHG3ODWR·VFRQWHPSWIRUWKHFRQYHQWLRQDOO\ZHOOHGXFDWHGSHUVRQ+HDOVRVKDUHG3ODWR·VYLHZWKDWHDUO\VRFLDOL]DWLRQJHQHUDOO\WDXJKWFKLOGUHQDORDGRIQRQVHQVHWKDWZDVLPPHQVHO\GLIILFXOWWRGLVORGJHRQFHOHDUQHG%XWKHWKRXJKW3ODWRZDVZURQJLQKLVYLHZWKDWFKLOGUHQ·VPLQGVZHUHVKDSHGYHU\ODUJHO\E\WKHNQRZOHGJHWKDWWKH\DFFXPXODWH+HDUJXHGZLWKDFRPSHOOLQJSHUVXDVLYHQHVVQRWPXFKOHVVWKDQ3ODWR·VWKDWWKHPLQGKDVDQLQWHUQDOVSRQWDQHRXVQDWXUDOGHYHORSPHQWDOSURFHVVWKURXJKZKLFKLWJURZVDQGSURSHUHGXFDWLRQLVWKHSURFHVVRIIXUWKHULQJLWVIXOOHVWGHYHORSPHQW+HVXJJHVWHGWKDWWKHPLQGLVOLNHWKHERG\LQWKDWWKHSDUWLFXODUIRRGHDWHQGRHVQRWUDGLFDOO\LQIOXHQFHWKHVKDSHRIWKHERG\HDWLQJORWVRIEURFFROLGRHVQRWPDNHSHRSOHJURZWRORRNOLNHEURFFROLVRZKDWSHRSOHOHDUQLVQRWWKHYLWDOSDUWRIHGXFDWLRQ3ODWR·VLGHDZDVHTXLYDOHQW5RXVVHDXDUJXHGWRWKLQNLQJWKDWHDWLQJORWVRIEURFFROLZRXOGPDNHSHRSOHPRUHEURFFROLOLNH6HQVLEOHPHWKRGRORJ\UHTXLUHVHGXFDWRUVWRPDNHZKDWWKH\WHDFKFRQIRUPZLWKWKHQDWXUHRIVWXGHQWV·OHDUQLQJ6RHGXFDWLRQEHFDPHIRU5RXVVHDXDPDWWHURI HQFRXUDJLQJWKHIXOOHVWGHYHORSPHQWRIDQDWXUDOSV\FKRORJLFDOSURFHVVDQGWKHUHE\IXOILOOLQJDVIDUDVSRVVLEOHWKHSRWHQWLDORIHDFKLQGLYLGXDOVWXGHQW5RXVVHDX&OHDUO\DPRUHDWWUDFWLYHDQGKRSHIXOLGHDWKDQ3ODWR·VLWSURPLVHVWKHIXOILOPHQWRIHGXFDWLRQDODLPVE\VLPSO\GRLQJZKDWLVHDVLHVWDQGQDWXUDO1RZRQGHULWKDVDSSHDOHGVRZLGHO\LQ1RUWK$PHULFDZKHUHLWKDVEHFRPHWKHDQFKRULQJLGHDRI¶SURJUHVVLYLVP·1HDUO\DOOPRGHUQFRQFHSWLRQVRIHGXFDWLRQIURPWKHPRVWUDGLFDOWRWKHPRVWFRQVHUYDWLYHDUHFRPSRXQGHGIURPWKHVHWKUHHLGHDV1RRQHKROGVRQHRIWKHPWRWKHH[FOXVLRQRIWKHRWKHUWZRRIFRXUVHLW·VDPDWWHURIWKHSURSRUWLRQVLQZKLFKWKH\DUHPL[HG6RWKHPRUHUDGLFDOFRQFHSWLRQVWHQGWRFRPELQHDODUJHDPRXQWRI5RXVVHDXZLWKDVPDOOGRVHRIVRFLDOL]LQJDQGJRYHU\VSDULQJO\ZLWKWKH3ODWR7KHFRQVHUYDWLYHWHQGVWRVWLULQDJRRGPHDVXUHRI3ODWRDKHDOWK\GRVHRIVRFLDOL]LQJDQGJROLJKWRQWKH5RXVVHDX7KHDYHUDJHSROLWLFLDQWKURZVLQDYHU\ODUJHGRVHRIVRFLDOL]LQJLVYHU\VSDULQJRI5RXVVHDXDQGVSULQNOHVLQMXVWDOLWWOHELWRI 3ODWR7KHWKUHHLGHDVDUHIDPLOLDUVWLOOLQDOOGLVSXWHVDERXWHGXFDWLRQ,WKLQNRQHPLJKWIDLUO\GHVFULEHHGXFDWLRQDODUJXPHQWVDVQRWKLQJRWKHUWKDQDQDVVHUWLRQDERXWWKHSUHFHGHQFHWKHVHLGHDVVKRXOGWDNHLQGHWHUPLQLQJHGXFDWLRQDOSURJUDPPHV,QUHFHQWEDWWOHVRYHUWKHVRFLDOVWXGLHVFXUULFXOXPLQYDULRXVSDUWVRIWKH86$IRUH[DPSOHVRPHFRQWHQGWKDWFKLOGUHQVKRXOGFRQWLQXHWRIROORZWKHVHTXHQFHRIVWXG\IURPVHOIDQGIDPLOLHVWRFRPPXQLWLHVWRLQWHUDFWLRQVDPRQJFRPPXQLWLHVHWFSUHIHUULQJPRUH5RXVVHDXDQGVRFLDOL]LQJRYHU3ODWR7KRVHZKRDUJXHIRUFKDUWHUVFKRROVZKHUHVWURQJDFDGHPLFSURJUDPPHVDLPHGDW¶H[FHOOHQFH·ZLOOSUHGRPLQDWHDUHH[SUHVVLQJDSUHIHUHQFHIRUPRUH3ODWRDQGVRFLDOL]LQJDQGDELWOHVV5RXVVHDX,DPVXUHWKDWUHDGHUVZRXOGILQGLWHDV\WRFODVVLI\PRVWHGXFDWLRQDOSRVLWLRQVLQWKHVHWHUPV0\PDLQSRLQWKRZHYHULVWKDWWKHVHWKUHHLGHDVWKDWKDYHJLYHQVKDSHWRRXUVFKRROVIURPWKHLUWKFHQWXU\EHJLQQLQJVDUHPXWXDOO\LQFRPSDWLEOH
,QFRPSDWLELOLWLHV
Search History:
Searching...
Result 00 of 00
00 results for result for
  • p.
  • Notes
    Load more