Analysis of BioDiesel Incorporated Business Plan - Free Essay Example

Analysis of BioDiesel Incorporated Business Plan Abstract Biodiesel is a fuel comprised of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, designated B100, and meeting the requirements of ASTM D 6751. This is a standard set by the standards organization ASTM International. The production of BioDiesel had experienced a significant growth spurt over the past four years. BioDiesel Incorporated is attempting to capture a segment of this growth spurt. Currently, the United States has à ¢Ã¢â€š ¬Ã…“115 biodiesel production companies throughout 39 of the 50 statesà ¢Ã¢â€š ¬Ã‚  (U.S. Energy Information Administration, 2013) that are competing for the market. BioDiesel Incorporated has identified a global need for a biodiesel products and has proposed a cooperative business model that will attempt to control the raw material cost. This cooperative will utilize materials its members to produce the biodiesel at a more affordable production cost. This study will explore BioDiesel Incorporatedà ¢Ã¢â€š ¬Ã¢â€ž ¢s business opportunities, market drivers, and the business strategy, financial needs for this type of start-up, and what the distribution channels are. Each of the components are essential establishing a good footing for BioDiesel Incorporated. This study will conclude with recommendations and steps that could be required to move this business concep t forward to become a successful competitor in a market that continually grows exponentially since Congress passed legislation; Energy Policy Act of 1992 and Energy Policy Act of 2005. Analysis of BioDiesel Incorporated Business Plan BioDiesel Incorporated was established to capitalize on the emerging market of biodiesel. The founders want to create a producerà ¢Ã¢â€š ¬Ã¢â€ž ¢s cooperative that what enlist the members to produce the raw materials; which would reduce the production cost of biodiesel. Additionally, the capital equipment that is required for production of the biodiesel would be shared and spread over the membership of the cooperative. Another facet of the business strategy is incorporating the distribution channels. BioDiesel would distribute the biodiesel utilizing the existing infrastructure that is currently being used by the fossil fuels. Business opportunities are generated from an individualà ¢Ã¢â€š ¬Ã¢â€ž ¢s à ¢Ã¢â€š ¬Ã…“attitude and perspective because inspiration is everywhereà ¢Ã¢â€š ¬Ã‚  (Nota Bene Consulting, 2014). The global society has influences or clues to great ideas but an individual has to be receptive to see or hear them. The founders of BioDiesel, Josh, Hannah, and Matthew, were listening to the clues from the energy markets by being perspective to the dependences of fossil fuels from other countries. This dependency drives the cost per gallon of fossil fuels and depletes the worldà ¢Ã¢â€š ¬Ã¢â€ž ¢s natural resources. Each of them, through their research project, was able to identify the challenges and opportunities that the energy consumers are facing as the extraction of the fossil fuels are damaging the environment. Listening to the clues and influence are only the beginning of great ideas, these qualities need to be infused with management experience from this industry to ensure BioDiesel Incorporated starts off on a solid foundation. Like all start-ups, BioDiesel, will need to harness the management experience of the three founders. The key factors for any start-up are management quality of the founders and their à ¢Ã¢â€š ¬Ã…“earlier experience in the industry, as well as the timeliness of the new technology innovationà ¢Ã¢â€š ¬Ã‚  (Technology Ventures: From Idea to Enterprise, 2014, p. 159). This experience would appear to be minimal due their current position as an undergraduate. This inexperience could be an obstacle to BioDiesel; however if the three founders were able to recruit an expert from the industry and leverage their experience to help guide them through the start-up phase, this could avoid challenges from potential investors. Additionally, utilizing an expert from the renewable energy markets will help the entrepreneurs understand the market drivers for this industry. Identifying and monitoring the key market drivers of a business is critical to integrating the new business opportunity and boosting the profitability of the new business. These key business market driver are something that has a major impact on the performance of the specific business success. The market drivers that BioDiesel will need to understand are wide in nature; which will make it more critical to the success. Biodies el markets can be grouped into three categories: security, economy, and environment. Each of these categories can be divided in to a public and private components. Understanding all these à ¢Ã¢â€š ¬Ã…“factors, a firm seeks to increase its efficient use of investments and reduce its operating costsà ¢Ã¢â€š ¬Ã‚  (Technology Ventures: From Idea to Enterprise, 2014, p. 382). Examples of these markets would include the Department of Defense (DOD) from the public sectors. The DOD uses some à ¢Ã¢â€š ¬Ã…“300,000 barrels of oil a day (~5 billion gallons per year)à ¢Ã¢â€š ¬Ã‚  (Duff, 2013, p. 22). This is 80% of the federal governments total fuel usage. Understanding the market driver will help develop a distribution process for the completed product. Utilizing distribution channels such as using the existing infrastructure as it was proposed by BioDiesel is the most cost effective effort, however this approach creates additional changes for BioDiesel. The potential growth be add ing bioenergy to an infrastructure that is already hampered by the energy demands will à ¢Ã¢â€š ¬Ã…“likely to exceed the combined capacity of current agricultural and energy supply chains, including grain, petroleum, and coalà ¢Ã¢â€š ¬Ã‚  (Richard, 2010). BioDiesel will need to establish a supply chain model that will support the bioenergy industry. This supply chain model will allow BioDiesel to monitor the supply channels and any potential risk from these supplier within BioDieselà ¢Ã¢â€š ¬Ã¢â€ž ¢s supply network. Supply chain models can be defined as an integrated process in which a à ¢Ã¢â€š ¬Ã…“number of various business entities work together in an effortà ¢Ã¢â€š ¬Ã‚  (Beamon, 1998). Manufacturersà ¢Ã¢â€š ¬Ã¢â€ž ¢ partner with third-party distribution companies, providing wholesale product that is then bought by retailers and other end users. This model is still valuable and widely used today. Biodiesel distribution system has largely followed the à ¢Ã¢â€š ¬Ã…“sa me model as petroleum-based fuelsà ¢Ã¢â€š ¬Ã‚  (Carpenter, 2013), so leveraging the existing local infrastructure would make the most sense for BioDiese Incorporated. Once BioDiesel creates a supply chain map to outline the distribution channels, the opportunities for understanding what drive the markets will help direct the founders in to the most profitable markets. BioDiesel Incorporate failed to capture an adequate sense of the market drivers that are key to ensuring the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s success. The founders of BioDiesel did not incorporate the various markets that are found in the renewable energy sector. This oversight will not allow the company to tap in to a market that could potentially be used to sustain the company. Additionally, this oversight does not allow the founders to understand the regulation that is enforced by the U.S Department of Energy. A failure in not following Federal regulation may result in shutting down the company before it get started. BioDiesel Incorporated can implement four à ¢Ã¢â€š ¬Ã…“competitive capabilities: low cost, high quality, speed, and flexibilityà ¢Ã¢â€š ¬Ã‚  (Technology Ventures: From Idea to Enterprise, 2014, p. 331) that could be explained by the business strategy. Each of these points are the key tenants for any company; large or small. Quality is a measure of a product or process that usually includes performance and reliability of that product or process. Performance is a measurement to which a product or process can meet or exceed certain functional features. Reliability is a measurement of how long a product or process performs before it fails. On-time delivery speed measures the pace of lead time, on-time delivery, and product development. Flexibility is a measurement of a companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s ability to react to the customerà ¢Ã¢â€š ¬Ã¢â€ž ¢s needs quickly. All of these goals need to be achieved while operating with the additional goal of meeting Federal regulations. Each o f these management components of BioDiesel will have an impact on the fiscal pofile of the company. This fiscal profile will be influenced by the type if financing that BioDiesel will pursue. Investing risk capital is a basic membersà ¢Ã¢â€š ¬Ã¢â€ž ¢ responsibility of a cooperative. The initial investment requires equity capital. BioDieselsà ¢Ã¢â€š ¬Ã¢â€ž ¢ members would will utilize equity capital, which represents the investment in ownership through purchase of the equipment for the company, from the membership of the framers to establish the initial seed capital for building out the facility to produce the biodiesel for production. Unfortunately, the à ¢Ã¢â€š ¬Ã…“equity investment required to build a biofuel plant is typically greatly disproportionateà ¢Ã¢â€š ¬Ã‚  (Canadian Co-operative Association, 2007) to the net returns available to farmers producing the biodiesel. The US Department of Agriculture recognizes the disproportionate nature of a cooperative and has passe d à ¢Ã¢â€š ¬Ã…“legislation, Farm Credit Act of 1971à ¢Ã¢â€š ¬Ã‚  (Rapp Ely, 2010), which defines a cooperative that is eligible to borrow from the banks for cooperatives in the Farm Credit System and the conditions the cooperative must meet. BioDiesel Incorporate has several challenges that they will face when attempting to generate the funds from equity capital due to the cost of the equipment. Additionally, BioDiesel will have to overcome significant flaws that were identified within the business strategy prior to seeking debit capital from investors. BioDiesel Incorporated business strategy plan had three major finding that would need to be address prior to presenting to potential investors. The first major finding from the business strategy is the lack of market research. The founders have highlighted the background of the technology and what the challenges is that the founders want to mitigate; however there is no evidence in the business strategy to indicate what mark et BioDiesel wants exploit or operate in. The second major flaw is the business strategy plan does not identify how many membersà ¢Ã¢â€š ¬Ã¢â€ž ¢ are going to be in the cooperative. The strategy needs to identify the member threshold to determine what the breaking point for cost of the raw material would be. The third finding from the business strategy is the lack of experience from the energy industry. The business strategy needs to incorporate the level and quality the management experience within the bioenergy markets. Investorsà ¢Ã¢â€š ¬Ã¢â€ž ¢ want to have that assurance that this new venture will have a profitable payoff and financial growth. Conclusion The three founders of BioDiesel Incorporated have a good opportunity to exploit a new emerging technology of biodiesel. The technology involved in the development of biodiesel has been on a rapid growth curve for the past three years. BioDiesel can capitalize on the boom to the industry and make a difference for the wor ldà ¢Ã¢â€š ¬Ã¢â€ž ¢s environment. Based on the major finding with their proposal, BioDiesel would need to correct those recommendation in order promote their chance of success in this fast growing industry. The nest step that BioDiesel would need to pursue would be securing the initial investment for the development of the facility the will produce the biodiesel. This segment of BioDiesel effort in creating the cooperative would require enlisting enough members and putting together the board that would make the decisions for the cooperative. This study has indicated that BioDiesel is still several months if not years away before the cooperative would be able to begin production of biodiesel for retail purposes. References Beamon, B. M. (1998). Supply Chain Design and Analysis: Models and Methods. International Journal of Production Economics, 55(3), pp. 281-294. Canadian Co-operative Association. (2007). Guide to Starting a Biofuel Co-operative. Carpenter, G. (2013, July 10). Expanding Distribution Channels by Thinking Outside the Box. Retrieved from Biodiesel Magazine: https://www.biodieselmagazine.com/articles/9216/expanding-distribution-channels-by-thinking-outside-the-box Duff, B. (2013). MARKET DRIVERS FOR BIOFUELS. 3rd Annual MSW to Biofuels, (p. 57). Orlando. Nota Bene Consulting. (2014). Where do Great Ideas Come From? Retrieved from Nota Bene Consulting: https://www.notabenemarketing.com/great-ideas Rapp, G., Ely, G. (2010). How to Start a Cooperative. Washington DC: United States Department of Agriculture. Richard, T. L. (2010). Challenges in Scaling Up Biofuels Infrastructure. Science AAAS. Technology Ventures: From Idea to Enterprise. (2014). McGraw-Hill Create. U.S. Energy Information Administration. (2013, Decmeber). Monthly Biodiesel Production Report. Washington DC.

The Medical Promise Of Embryonic Stem Cells - 1626 Words

The Medical Promise of Embryonic Stem Cells Why should people suffer from diabetes, Alzheimer’s, sickle cell anemia, leukemia, and plenty of other degenerative diseases while the cure lies in our hands? After James Thompson, a developmental biologist, reported that he had derived the first human embryonic stem cell line (Thomson), the potential of curing degenerative diseases was revealed. Ph.D. holder and deputy director of FDA’s office of Cellular, Tissue and Gene Therapies, Stephanie Simek, explains that stem cells are unspecialized cells (qtd. in â€Å"FDA Warns About Stem Cell Claims†). In other words, since they are unspecialized cells, they can â€Å"†¦generate lots of cells and, under the right conditions, become one of the many cell types†¦show more content†¦The process when stem cells give rise to blood cells, or any other specialized cells, is called differentiation (â€Å"Stem Cell Basics†). Stem Cells’ ability of differentiation can be targeted and directed to gen erate tissue and therefore to cure degenerative diseases (Panno 24-28). However, such medical promise faces the doubts and gives rise to disputes. In fact, federal funds for stem cell research were banned under President Bush’s administration, but the ban was then lifted by President Obama’s administration (Obama). Despite the different arguments, more medical trials should be conducted with embryonic stem cells in order to determine whether the medical promise is applicable or far-fetched. Richard Doeflinger, an official with the National Conference of Catholic Bishops, argues that â€Å"we must not sacrifice one class of human being to benefit another† (qtd. in â€Å"Stem Cells†). However, ignoring the medical promise of embryonic stem cells would end up sacrificing real, living human beings for microscopic cells. Jean Peduzzi Nelson, the author of ‘Adult Stem Cells Are Already Curing Diseases’, argues that unlike embryonic stem cells, adult stem cells have already cured diseases. To support his argument, Nelson narrates the story of Joe Davis Jr. who suffered from a severe sickle cell anemia since birth. According to Nelson, At the age of two, Joe received an adult stem cell transplant; the adult stemShow MoreRelatedEmbryo Based Stem Cell Research1171 Words   |  5 Pages Embryo-based stem cell research The controversy concerning the ethical dilemma related to stem cell research rages on. One particular basis of this controversy emanates from the fact that embryonic stem cells research derives its stem cells from destroyed embryos. Stem cells are cells that are yet to be specialized into specific tissue that serves specific function in the organism. 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To understand about embryonic stem cell. I thought we should discuss what embryonic stem cells are. According to Scientific American; June 2004, embryonic stem are derived from the portion of a very early stage embryo that would eventually give rise to an entire body. Because embryonic stem cells originate inRead MoreEssay about Embryonic Stem Cell Research1357 Words   |  6 PagesHuman Embryonic Stem Cell Research Embryonic stem cell research is a highly controversial topic in todays society, this kind of stem cell commits to regenerate any type of tissue. Unfortunately, Embryonic Stem Cell Research has a dark side. To obtain these cells will kill the embryo automatically. In other words, the acquirement of the Human Embryonic Stem Cell includes performing an abortion. To obtain these cells, it would kill the embryo. This has created controversy since abortion is suchRead MoreSupporting Stem Cell Research Essay1691 Words   |  7 Pagesinformation concerning stem cells and their use in regenerative medicine, and learned about a physician who was creating windpipes out of stem cells and transplanting them into patients. The family got into contact with this doctor and the Children’s Hospital of Illinois at O.S.F. Saint Francis Medical Center in Peoria, Illinois, and eventually Hannah underwent the treatment with impressive results. The doctors had successfully grown a new windpipe for Hannah out of her own cells and saved her life,Read MoreEssay on Stem Cells: The Cure for Uncontrollable Diseases of the Past1246 Words   |  5 PagesLou Gehrig’s disease, Sickle Cell Anemia, Alzheimer’s. This world is plague by countless diseases and there existed a time where, after many failed research attempts, scientists began to believe that people would always suffer from these diseases. However, with the introduction of stem cell research those past notions were dismissed. Upon their introduction, stem cell’s provided a new hope to the world and it proved itself to be an invaluable asset. Through stem cell research, a multitude of curesRead MoreThe Heated Debate Concerning Stem Cell Research Essay1477 Words   |  6 PagesStem Cells Few scientific issues in recent years have managed to draw as much attention, both scientific and otherwise, than stem cell research. I was first introduced to the term ‘stem cells’ when I was in high school, and since then, I have had a keen interest in the direction science is taking them. When considering medical research as a whole, stem cells appear to have the makings of a 21st century medical revolution a la discovery of antibiotics . The open-ended nature of stems cells has

e-commerce Essay - 1426 Words

Remember the time when there was no Internet? Where advances in telecommunications and computing largely occurred side-by-side in the past, today, they converge in the Internet. Timesharing, the concept of linking a large numbers of users to a single computer via remote terminals, was developed at MIT in the late 50s and early 60s. In 1973, Bob Kahn and Vint Cerf developed the basic ideas of the Internet. Now days almost everybody is connected to Internet. WORLD INTERNET CONNECTIVITY (As of 6/15/95) (http://www.pbs.org/nerds/timeline/network.html) There is another thing that Internet brought us at affordable price: it is electronic commerce (e-commerce). There is no specific definition for what is e-commerce everybody interprets it†¦show more content†¦The retail Web sites of Amazon.com and Drugstore.com offer good examples. The primary purpose of these sites is to sell the companys supplies, although they do combine other functions such as communication and service manageme nt. These examples also highlight the fact that the four functions are not mutually exclusive. (Kalakota 6) There are a lot of advantages with EC it is hard to mansion them all but some of them include low cost, low barriers to enter, error reduction, and increased efficiencies. One good example of low cost is advertising. It can run a company well over 50,000 dollars to put a full-page advertisement in a newspaper with a circulation of 1 million. In contrast, assuming that there are at least 1 million Web browsers and the annual costs (hosting and maintenance) for a small corporate Web site are $900, then the daily cost for 1 million viewers ($900/365) on any given day is approximately $2.50. (http://www.ncsa.uiuc.edu/SDG/IT94/Proceedings/ComEc/kling/compare.html) Another benefit of Web sites are the low barriers to entry they offer companies in certain industries. For example, Amazon.com is a completely virtual based company. Without the Web, it would probably never have started s elling books given the dominate position of its competitors like Barnes and Nobel and the tremendous amount of money they would have to invest to open and operate a store like that. Other benefits of Web sites include error reduction becauseShow MoreRelatedE Commerce1203 Words   |  5 PagesElectronic commerce, commonly known as e-commerce, is a type of industry where buying and selling of product or service is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerceRead MoreElectronic Commerce ( E Commerce )1286 Words   |  6 Pagesopportunities (E-business, eEurope, n.d). More and more companies have discovered the advantage of using the Internet as a com munication tool to reach consumers at any place and at any time. This also enables consumers to search and gather information about products and services online. The word e-commerce refers to all transactions online. Electronic commerce (e-commerce) is the area in which we are to do our research and throughout this dissertation we will discuss consumer trust in e-commerce. The termRead MoreElectronic Commerce And E Commerce1452 Words   |  6 PagesE-commerce Definition Electronic commerce or e-commerce is a term for any type of business, or commercial transaction, which involves the transfer of information across the Internet. It is often associated exclusively with online consumer shopping, but the term extends beyond that category. 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For example, according to the Oxford Dictionary, E-commerce or electronic commerce is the commercial transaction that conducted electronically on the Internet. Some people define E-commerce as the processes of buying, selling, or exchanging products, services, and information by using the computer network technology such as the Internet. E-commerce does not only provide the function of buying and selling goods and services online viaRead MoreE Commerce And The Internet1060 Words   |  5 Pagestopic of e-commerce. The reason e-commerce interests me is I would like to find out how it relates to business in terms of importance, benefits, and influence. E-commerce is relative to my area of study because the goal for my future company will deal with providing services and content to customers via the internet. So what exactly does e-commerce mean? Let’s see how Merriam Webster’s online dictionary defines the word: â€Å"e–commerce noun e–com ·merce ˈē-ËÅ'kà ¤-(ËÅ')mÉ™rs Simple Definition of e–commerceRead MoreE Commerce Is On The Rise772 Words   |  4 PagesI agree with your post. I believe that brick and mortar businesses are highly relevant despite the fact that e-commerce is on the rise. I too enjoy shopping online sometime mainly due to my shopping habits and simply out of convenience. Joseph (2016) acknowledges that, E-commerce has the convenience component nailed down. Moreover, that is essentially why people like online shopping, consumers like that they have to exude little effort or difficulty, they simply just have to scroll down a pageRead MoreEssay on E-commerce678 Words   |  3 Pagesmore businesses look for ways to secure electronic marketing online, there is a greater need for E-commerce. Whatis.com defines E-commerce (EC) as the â€Å"buying and selling of goods and services on the Internet. 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Notes On Human Resource Management Essay - 3593 Words

633 Human Resource Management Answer (I): On the based scenario above the owner John’s situation is really similar to old or traditional human practices. In this kind of practice the people who works are the things to be managed by the people. The employees only performs only those task which are designed by the management, training team, recruitment teams or the talent management and the work evaluations are also done which are prepared or developed by HR. The old definition of HR clearly says that the employees are the resources for the company just as the capital or assets. John’s following the same kind of strategy in his business as he only believes in getting the work done from the employees and do not have anything thing to do with the Health and Safety act or policies. John’s theory of being a typical owner is quite similar to the older model of management theory, the system came before the people. 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Essay on Discrimination and Food Chain Supermarkets

Application: Individual Case Study Analysis, Case 10 Analyzing Promotion Data: Applying to 80% Rule Lakisha Richardson Abstract This analysis explains the thoughts and ideas about Case 10: Analyzing Promotion Data. It references the problems noted and within the case as well as the legal issues that apply. Based on the background and research, an overview of a solution to the problem and an implementation process to be executed by Tom Rutherford, HR director of Food Chain Supermarkets, Inc. can help with the discrimination issue(s) presented in the case. Summary of Case Human resource director of Food Chain Supermarkets, Inc., Thomas L. Rutherford was disturbed by a conversation he had with Walter Jackson, an employee†¦show more content†¦The immediate problem of concern is whether the claim has some truth. The complainant presented the HR manager with a group (black employees) that are protected by law, but are being disproportionately impacted. This constitutes the initial burden. HR Legal Issues †¢ Title VII of the Civil Rights Act of 1964 (Title VII), which prohibits employment discrimination based on race, color, religion, sex, or national origin (2009). †¢ The Civil Service Reform Act of 1978 (CSRA) contains a number of prohibitions, known as prohibited personnel practices, which are designed to promote overall fairness in federal personnel actions. 5 U.S.C. 2302 (2009) †¢ Federal Equal Employment Opportunity (EEO) Laws-The U.S. Equal Employment Opportunity Commission (EEOC) enforces all of these laws. EEOC also provides oversight and coordination of all federal equal employment opportunity regulations, practices, and policies (2009). 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Questions On Writing Assignments The Klandermans And...

Writing assignments: Below are six prompts based on the ideas presented in the Klandermans and Staggenborg text and in earlier readings in Creswell. Select three of the six prompts. Write a minimum 500-word response for each of your selections. 1. What is survey method? What kinds of survey methods are used in social movement?s research? Discuss their benefits and limitations. In the realm of social science there are a variety of measurement tools that academics use to perform social research. One of the most important tools is survey research, a measurement procedure that involves asking questions of respondents (Trochim, 2006). The importance of survey research cannot be understated, as it is estimated that in the 1980s and 1990s one†¦show more content†¦Ultimately, the data collected from research is applied to answering a research question. John W. Creswell (2007) recommends, in his book, Qualitative Inquiry and Research Design: Choosing Among Five Traditions, that there be a single central question and several sub questions. Therefore, one of the challenges in survey research is ensuring that questionnaires and interviews yield results that somehow assist in answering the central question or related sub ques tions pertaining to the study. A variety of survey-related studies are provided by Klandermans and Smith (2011) that normally focus on comparison of movements, events, other social movement features, or a variety of integrated comparisons. Additionally, they acknowledge one of the major challenges in comparative research studies: Unless we obtain measurements that both precede and follow participation or exposure to movement activities, we will not be able to determine the extent to which individuals participate because of their beliefs and the extent to which their beliefs are shaped by their participation ((Klandermans Staggenborg, 2002, p.5) Finally, results must be analyzed with standard statistical techniques. Klandermans and Smith (2002) accentuate the importance of multilevel analysis during the data analysis process. With respect to survey methodology, selecting the type of survey is one of the most critical decisions in many social research texts (p.25). Similarly,

Othello As He Saw Himself Essay Example For Students

Othello As He Saw Himself Essay Shakespeares Othello includes the memorable tragedy of a husbands jealousy, a wifes innocence, and mans ability to manipulate any situation. In the play Othello, Othello sees the person that he is in many different ways. For example, in Act I, Othello states that he is rude in speech and little blessed with the soft phrase of peace (scene3.83-84). This indicates that he knows his limitations and he has accepted what he does for what he is. Also, Othello is strong and valiant, but also compassionate as shown in lines 169-170: She loves me for the dangers I had passes, and I loved her that she did pity them (act 1, scene 3). Othello shows that he can forgive and move on when he said Id whistle her off and let her down the wind to prey at fortune (act 3 scene 3 lines 278-279). In writing this play, this line parallels to the action of a hawk that is released downwind so that it will not return. Similarly, Othello is saying that he would let go of Desdemona forever. This shows that he is humble and can admit defeat. Othello views himself in a very low position when he states: O, now, forever farewell the tranquil mind! Farewell content! (act 3 scene 3 lines 363-364). Also, this line suggests that he has resolved to do something and that his mind is committed to it. This shows that he is a determined man with very much self-motivation. Finally, Othello states: Of one whose hand, like the base Indian, threw a pearl away richer than all his tribe (act 5 scene 2 lines 356-358). This line compares Othello to an ignorant savage who could not recognize value. In saying this line, Othello sees the foolish man within himself in throwing away the pearl, Desdemona.