Wednesday, December 25, 2019
Costs and Benefits of Globalization and Localization Essay
For one to understand the costs and benefits of globalization and localization one first needs to understand what each entails. Globalization is when a country involves itself into international affairs, economically, politically or even possibly culturally. Globalization expands beyond the local boundaries of a nation and spreads into other communities throughout the world. Localization is when a country chooses not to participate in global affairs and confines itself and its people from taking part in any type of involvement with any other country. This means that this country does not participate in any economic, political or culture issues with outsiders. In many articles addressing business today, one can read about the viewsâ⬠¦show more contentâ⬠¦By trading with one another, countries can build up there economy by producing only what is needed and not waste time and money on products that they can get from other countries that produce it faster and for less money. The global economy is a way in which counties benefit from communication with outside world. Nations can also benefit culturally from globalization. By immersing, themselves in other cultures people gain a better sense of the world. Globalization does not just deal with the economy and business but also involves the cultural aspects as well. The world is diverse that there are many people who do not know or understand why certain ethnic groups practice or believe in certain customs and religions. With globalization people learn about these different cultures to try and understand the traditions and customs that are unlike their own. Globalization connects the world by a common thread of knowledge so we can understand one another and appreciate differences and not be sheltered from the outside world. Sheltering its people from the world is what some nations have chosen. This is called localization. This is when a country feels as though it is better to not associate with the outside world and keep communication to a minimum. As James Rosenau comments in his book, The Complexities and Contradictions of Globalization, that localization occurs when a nation does not want to go pass the local boundaries for fear of outsideShow MoreRelatedEssay Costs and Benefits of Globalization and Localization2526 Words à |à 11 PagesGlobalization is unstoppable. Even though it may be only in its early stages, it is already intrinsic to the world economy. We have to live with it, recognize its advantages and learn to manage it, said Maria Livanos Cattaui in her article, The global economy - an opportunity to be seized (Business World, 1997). Many authorities agree that as the world enters into the twenty-first century, many economic, political, and cultural changes will take place due to what s ome people are simply callingRead MoreEssay about Costs and Benefits of Globalization and Localization1312 Words à |à 6 PagesThe debate over globalization and localization has long been fought as whether or not to pursue an international or isolationist foreign policy. Essentially, the term globalization means an integrationist approach to policy, whereas localization refers to a fragmentational approach to foreign policy. There are many issues in this debate, but none as complex and important as that of the costs and benefits of the economy. Other issues consequential to the topic are the political and social implicationsRead MoreEssay Nations Should Promote Globalization, Not Localization1078 Words à |à 5 PagesGlobalization and localization are two conflicting trends in international politics today. Globalization is the spread of peoples, activities, norms, ideas, goods, services, and currencies from one area of the world to another. (Rosenau 15) Localization is the narro wing of horizons and the confinement of peoples, activities, norms, ideas, goods, services, and currencies to a particular geographic area. (Rosenau 16) Globalization and localization affect the worldââ¬â¢s countries in three main areas, politicsRead MoreEssay on Nations Should Promote Localization, Not Globalization1278 Words à |à 6 PagesAmerican songs being played. Later on after dinner, they may have turned on the television and seen an old rerun of Baywatch or The Simpsons dubbed into another language. These are all American things. How could they be in a foreign country? Globalization (or Integration), a process by where capital, investments, trade, and communications are not limited by national borders, would be a good explanation for this. Maybe the tourist didnââ¬â¢t want to be reminded of these typical American things, perhapsRead MoreEssay on Both Globalization and Localization Provide Benefits1566 Words à |à 7 PagesIn The Complexities and Contradictions of G lobalization, James Rosenau discusses the concepts of globalization and localization. International politics offers many examples of both of these concepts, those of which will be discussed in this essay. These concepts can be somewhat misleading, however. Globalization is not the same as globalism, which points to aspirations for a state of affairs where values are shared by or pertinent to all the worldââ¬â¢s more than 5 billion people, their environmentRead MoreEssay about Globalization Is Superior to Localization1665 Words à |à 7 Pagesreferred to as globalization. According to James Rosenau (1997), globalization is a label that is presently in vogue to account for peoples, activities, norms, ideas, goods, services, and currencies that are decreasingly confined to a particular geographic space and its local and established practices (p.15). Even though it seems that the majority of countries are integrating, the rest of the countries believe in the opposite, that is locali zation. Rosenau (1997) defines localization as a processRead More Globalization Will Prevail Over Localization Essay1079 Words à |à 5 Pagesweigh the costs and benefits of both Globalization and Localization. Opinions vary greatly concerning this subject. Depending on what part of the world you are from and what your economic standings are you may have an entirely different opinion than someone else. In some aspects Globalization may lessen the impacts of some environmental problems, but may worsen it in others. Before I get to in depth I will clarify the difference between Globalization and Localization. Globalization, in simpleRead MoreGlobalization Provides More Benefits Than Localization 1012 Words à |à 5 PagesGlobalization is an ongoing trend in the present world and includes diverse processes embracing political, social, economic, technological, and cultural change. It encapsulates the scope of the uniformity of political ideas and practices: the geographical extent of social interaction and reflexivity; the degree of integration of economic activities; the diffusion of technology (information, communications, transport), which overcomes the significance of space; and the extent of the disseminationRead MoreThe Various Perspectives of Globalization in Bill McKibbens Book Deep Economy893 Words à |à 4 Pagesantithesis to globalization. Whereas the founding principle of globalization is to make processes for commerce international, thereby reducing the world to a single global vill age, McKibben largely advocates the opposite approach within this manuscript: localization. In fact, the author implicitly and explicitly states that globalization is producing a number of noxious effects that can only be rectified by localization. The international and national economies that globalization is based uponRead MoreNations Should Promote Localization, Not Globalization Essay1590 Words à |à 7 PagesDetermining the precise costs and benefits of both globalization and localization can be difficult. The difficult part is deciding which has the most beneficial or disturbing affect upon a country. If a country implements either theory - the outcomes will vary depending on the actions taken to implement them. Granted if the wrong concept is attempted in the wrong country, the affects it will have in the long run can be extremely harmful to the citizens of the country and all of its aspects. And
Tuesday, December 17, 2019
Inequalities within the Criminal Justice System - 2475 Words
This essay will crucially consider whether there is inequalities within the criminal justice system between mothers and fathers, this will analyses a lot of statistics about males and females within prison with ratios of mothers in prison and that is compared to fathers, also compare between the crime and relations to the crime to show a clear cut understanding if there is or isnââ¬â¢t inequalities. The essay will discuss criminological theories linking in to how crime is seen in society the differences of each gender having committed the same crime the theories that will be used is, feminist theory which will focus on how mothers end up in prison and also how they are treated differently to fathers within the criminal justice system. Theâ⬠¦show more contentâ⬠¦(Malloch McIvor, 2012, p. 136). Carrying out community work would subsequently minimise the impact that it would have on the family. (Ministery of Justice, 2008). This would suggest that women hostels and community work has developed over the years taking into consideration how this could help children that would have been victims if mothers were sent to prison and also having successful rates on non-reoffending due to hostels means that hostels for probation and rehabilitation are working for mothers as they was not taken away from their children however men are more likely to not finish community work (Prison Reform Trust, 2010). Mothers are more than happy to be sent to a rehabilitation centre then prison as this would be seen as a easy escape from prison but also being able to still stay at home whilst attending rehabilitation centres, with community work offered to convicted offenders too it is proved that women finish community work more than males and are able to cope with the work as they see a means of not going to prison. Women are a target to pressure and over half of women within the criminal justice system have suffered from ââ¬Ëdomestic violence, compared with a quarter of menââ¬â¢ and with a quarter of having ââ¬Ëexperienced sexual abuse in comparison to just under a tenth of male prisonersââ¬â¢. (Corston, 2007). Mothers feel more pain of imprisonment then fathers/males this is because the role as a mother can be as primary carers. WorryShow MoreRelatedGender Inequality Within The Criminal Justice System974 Words à |à 4 PagesThere are many disparities within the criminal justice system that can be recognized. One of the most commonly researched disparities is with race and ethnicity. However, there is another disparity that, while just as important, may be less recognized. This disparity is gender. For many years, criminologists have developed theories as to why females commit crime dating back to 1895. One more recent theory of crime is Sampson and Laubââ¬â¢s life course theory. This theory argues that the events that occurRead MoreHow Stratification Creates Inequalities Within The Criminal Justice System2145 Words à |à 9 PagesHow Stratification Creates Inequalities in the Criminal Justice System The population at large in the United Stated is very different than the population of the prison system. Racial inequality in the criminal justice system is often ignored because it does not affect most people. If there is to be a change in racial inequality, this issue is one that must be addressed. According to Inequality and Incarceration, ââ¬Å"497 out of 100,000 Americans are imprisoned.â⬠This means there is ââ¬Å"less than oneRead MoreThere Are No Children Here By Kotlowitz Essay1236 Words à |à 5 PagesKotlowitz describes the experiences of Pharoah and Lafayette to highlight the racist and classist undertones existing within the criminal justice system of Chicago in the late 1980s. This essay will utilize the theory of critical criminology to illustrate the structures of inequality within the criminal justice system and the subsequent marginalization of youth that exists within the Henry Horner community, leading to youth deviance and violent crime. Beginning with a brief outline of the major characteristicsRead MoreRacial Inequality919 Words à |à 4 PagesWhat is racial inequality? Racial inequality is discrepancies in the opportunities and treatment of people based solely on their race. Racial inequality is a serious issue that is often discussed in the American criminal justice system. Although racial discrimination is present in the criminal justice system, some people use the words inequality, discrimination, racism, and profiling loosely and do not understand how truly complex it is to prove that there actually is racial inequality present in theRead MoreThe Criminal Justice System : An Analysis Of Income And Racial Inequality Essay1586 Words à |à 7 PagesRyan Williams English 102 Professor 6 May 2015 The Criminal Justice System: an Analysis of Income and Racial Inequality In the history of civilized communities, one finds that different structures and practices are relevant and necessary to uphold and maintain order within societyââ¬âhence, the establishment of the criminal justice system. The criminal justice system, according to the Oxford Dictionaries (2010), is defined as ââ¬Å"the system of law enforcement that is directly involved in apprehendingRead MoreThe Barriers Of Indigenous Australian Women Face Within The Criminal Justice System970 Words à |à 4 Pagespopulation still experience inequality through the education and criminal justice system, specifically Indigenous women. This is highlighted throughout the report through various statistical data including tables and graphs. Further discussion on the link between these statistics to current unit concepts will be addressed in this report to expose the barriers that Indigenous Australian women face within the criminal justice system. The statistical overview on the education system will focus on the IndigenousRead MoreThe s Discipline And Punish898 Words à |à 4 Pagesable to keep them from jail in addition to keeping the information away from the media. The poor do not have the luxury of retaining adequate representation. Inequalities do not end with once a guilty verdict is delivered. They continue on through the penalty phase as lower class citizens are processed through the penal system. The incarceration rates of those in the lower socioeconomic class have increased significantly over recent years. Most of the increase in attributed to the war onRead MoreCriminology And Sociology : Criminology1296 Words à |à 6 Pagesthey can examine anything from the smallest interactions between everyday people to vastly complex international or multinational relationships. Within this they attempt to understand the social processes; that is why humans think and behave in a certain way. Concepts and Theories of Criminology and Sociology: The generalisability problem is a concept within feminist criminology that adds women to male knowledge on crime, thereby the findings on men are generalised to women. This concept aims to createRead MoreWomen in the Criminal Justice System1575 Words à |à 6 PagesWomen in the Criminal Justice System The field of Criminal Justice, like so many of the employment fields within the United States, is a largely male-dominated field. In the minds of many individuals around the country, and around the world, the mention of the Criminal Justice field brings to mind the image of strong male law enforcement officials employed to both protect their respective communities and keep a sea of male criminals under the watchful eye of the law. It may, then, surprise manyRead MoreConflict Theory1445 Words à |à 6 Pagesexpected part of society that the conflict, and inequality, itself disappears from public sight, and consciousness. For example, an adherent of a world systems theory of conflict would point to the global competition for resources, particularly the inequality between rich and poor nations struggling to provide the basic necessities of life to their inhabitants, as evidence of global conflict. Conflict theories seek to explain the interactions of groups within society, and assert that social order is preserved
Monday, December 9, 2019
Marketing Plans for Competitive Advantage - myassignmenthelp.com
Question: Discuss about the Marketing Plans for Competitive Advantage. Answer: The most effective and efficient way of learning in which DIKW is acquired is by asking quality questions. Questioning is done by using the 5W1Hs (what, why, where, when, how, and who). Shifting to Organizational Learning from the foundational KM study is a journey that is mesmerizing. It is full of excitements. In the process, my curiosity has been stimulated thus; I have gotten deep into areas that are unknown. For external changes to manifest, learning process must influence the behavior of humans, living systems, and organizations. The concept of self-organization and self-adaptation twined with the science of complexity (as distinguished from the industrial Taylor model and Newtonian worldview of the machine metaphor) has enhanced our comprehension; by exerting its effects, on organizational evolutions and processes of learning (Boundless, 2017). In simple terms, it is proper to say that learning is vital in the evolution of living systems. From this case, it is evident that an organization is not an exception since it is the most complex of all social units. The most suitable competitive advantage of an organization is its ability to learn by correcting its mistakes, acquiring new knowledge, modifying its environment, and anticipating changes. However, learning takes the form of either practical or academic interests, or both. Studying organizational learning covers approaches, portfolio of theories, practices, and processes. Such concepts ensure that an organization has the ability to innovate (CMOE, 2017). An organization that goes for this approach may become adaptive, intelligent, excellent or just a learning firm. Such are what this subject focuses on (McArthur, 2010). From the perspectives diversity of professionals, learning in organizations is multi-disciplinary in nature. Such can be seen in the perspectives of educational psychologists, business professionals, public policy makers, HRM consultants, economists, among others. The same can be traced in academics like behavioral psychologists, sociologists, organization strategists, anthropologists, communication scientists, systems thinkers, among others. Since the process of learning is continuous, organizational learning is no exemption. This kind of learning also evolves with time (Hill, 2017). The definition and comprehension of learning processes differ from one person to another. The more we try to discuss and understand how learning takes place, the more complex it becomes. The same goes for the governing factors of learning and also why and how we should learn. With many learning theories unfolding from the works of cognitivists, behaviorists, and constructivists, it is clear that the way humans interpret learning is based on a number of conflicting factors (Management, 2017). Such factors include belief, prior knowledge, values, culture, and the interpreters intentions. For instance, ones interest in going through every page of this lesson is guided by a number of motives. However, such motives depend on the manner in which one makes sense of the presented knowledge (Kaplan, 2017). As a matter of fact, the discussed theoretical backgrounds are required to ensure that the gap of comprehending the difference between organizational and individual is breached. On the contrary, there is no organizational learning theory that is universally accepted in the current society. Such is because of the multi-disciplinary nature of this form of learning. One should understand that learning within an organization also entails error detection and correction making which occurs in two main levels. Such levels are exploitative and reflective learning. Exploitative learning entails the process of learning that is used to restore a business status quo as well as to implement improvements that are continuous. On the contrary, reflective or exploratory learning entails collective exploration of new policies, new values, and new paradigms through the use of different techniques to uncover errors and misfit. However, we can also argue that there isnt need for one all the same. The truth is that many research activities in organizational learning propose new underlying frameworks or clarify on the manner to support learning organization concept implementation. They also illuminate the processes that are involved in the methods of learning to be deployed. However, the interesting bit is that the development of learning theories from constructivist and behavioral institutions are similar to disclosing the black box of nature while studying something like atoms from the time the Greeks discovered it to the time quantum mechanics came to play. In the process of unfolding more about reality; be it an atom or the behavior of humans, it becomes less tangible with time. From the same, we should develop a new context that would help us understand the manner in which organizations that are complex learn or work, or both (Worman McCartney, 2015). On the contrary, psychologys cognitive information p rocessing puts it that an organization is made up of several cognitive structures. Among those structures are the memory, sensory register, forgetting, and attention. All those structures are employed in finding an organizations equivalence that can be modeled to study how the same organization operates. However, a more sophisticated model of constructivism has it that an organization is more of a culture and can be as invisible as electrons in quantum mechanics. As a form of culture, an organization is made up of stories, myths, roles, rituals, language, and symbols that are associated with the same organization. From this perspective, we can explore another form of organizational learning. In lessons to come, our study will focus on the "art" that brings as to the core of organizational learning as well as experimentations. We shall also deduce whether, or not, such learning works in sample organizations. In this lesson we are going to give a personal definition of learning within an organizational setting. For the same, we shall apply organizational knowledge that is already identified in this activity. By definition, learning is a summation of organizational know-how and routines including procedures and ways of business operation. Learning also includes the aspect of examining and identifying an organizations culture including principles and governing values. Learning also implies organizational change. It includes the acquisition, storage, and distribution of organizational knowledge alongside the forms of such knowledge. Such is also regarded as knowledge management (Prewitt, Weil McClure, 1999). As mentioned before, learning within an organization also entails error detection and correction making which occurs in two main levels. Such levels are exploitative and reflective learning. Exploitative learning entails the process of learning that is used to restore a business status quo as well as to implement improvements that are continuous. However, reflective or exploratory learning entails collective exploration of new policies, new values, and new paradigms through the use of different techniques to uncover errors and misfit. Several business organizations fail to learn because they develop learning disabilities like easing-in, defense routines, undiscussable topics, among others. Such can be pinpointed to situations where double-loop form of learning is required. Within the action theory of Schon and Argyris, there is a laid theoretical background. Such a background is vital in understanding the manner in which humans design actions as well as deficiencies within an organizations learning system. In Model I and II, the methodology and practice for change implementation has proposed behavior. In this case, a scientific tool has been developed with the ability to probe difficult and intangible sections of organizational knowledge. The tool makes learning explicit and actionable (MSG, 2017). For instance, there are theories-in-use, mental models, assumptions, values, and beliefs that guide institutional actions (Saxena, 2014). Apart from the Action Theory, there are a number of knowledge domains like group dynamics that proved knowledge necessary for team building. Also, there are other techniques like brainstorming and dialogue necessary for innovating new ideas and sharing collective thought. This lesson illuminates sharing of mental models to affect team learning. From this perspective, we can define organizational learning as an art. It is an art that needs constant practice to make it effective. Analysis show that the practicum does not just lie in the work environment but inside one another as well. What is the message learnt in this case? In case we dont learn about ourselves or rely on other people to learn for us, no organization will be in a learning position. To conclude this lesson, Peter Senge's opening sentence in Chapter 9 of The Fifth Discipline would be vital. According to the chapter, "Organizations learn only through individuals who learn. The learning process of an individual is not a guarantee that an organization will learn. Also, without personal learning, organizational learning is not possible (Prewitt, Weil McClure, 1999). In the previous lesson, we discussed what organizational learning entails. The activity also discussed several group dynamics, mental models sharing; people interacting during team learning, as well as the importance of reflective practices (VMOSA, 2017). However, this lesson will discuss deeper issues to provide a reflection on personal thinking. In what way do we perceive our environment? What limitations or biasness do we have in personal mental models? What framework or model do we base our thinking on when decoding the world? The perspectives of systems ensure the provision of a framework that is holistic. This framework helps in understating interdependencies system actions (Management, 2017). The level of importance of our mental models used to govern personal actions is determined by the applied metaphors for describing an organization. Such metaphors include organizations being social, deterministic, or animate systems. Actually, the world is dynamic and the models that are applied to frame reality influences the things we believe to be wrong or "right" in a situation. Lesson one clearly indicated that competitive advantage that is most suitable for an organization is its ability to learn by correcting its mistakes, acquiring new knowledge, modifying its environment, and anticipating changes. On the contrary, learning takes the form of either practical or academic interests, or both. Studying organizational learning covers approaches, portfolio of theories, practices, and processes. Such concepts ensure that an organization has the ability to innovate. An organization that goes for this approach may become adaptive, intelligent, excellent or just a learning firm. Such are what this subject focuses on (Kader, 2017). The perspectives of rich systems are designed in a way that they result to active research in systems thinking. Such include soft and hard systems of thinking. Going for a given method always depends on the situation of the problem at hand as well as the degree of its "messiness". Regarding the problems that are agreed upon and are well-defined, we can apply techniques that are more quantitative. An example of such a technique is SD (Harvard Business Review, 2017). We can also remind ourselves of the undesirable system behavior and also avoid them by developing system archetypes. These system archetypes can be made from causal loop diagrams. In case the problem at hand is a bit messy, applying a soft systems thinking is recommended. This system provides an approach that is structured for conducting inquiry processes like SSM and IP (Kort, 2017). With SSM, practitioners are cautioned not to get preoccupied with mental models while indulging in a problem situation. The case is in line with theory-in-use and Action Theory for guiding the actions of individuals (Saxena, 2014). Why does the sub-title of this Lesson deal with complexity and chaos? The fact is that complexity and chaos are intrinsic parts of systems that are dynamic (Hartman, 2017). They manifest in every social system that is living. The first which is complexity is between order and chaos but links both. We only appreciate order and chaos, and consider them not to be in isolation by ensuring that we have open-mindedness and also systems thinking. However, both chaos and order make an organic whole when together. Note that chaos forms the necessary part of our existence. By ensuring that we understand chaos, we will learn to be more tolerant to mistakes, uncertainty, and disagreement with others. Organizational changes leverage point through which choices, variety, and new opportunities arise is the edge of chaos. Such can be applied to our learning and evolution. Conclusively, learning is vital in the evolution of living systems. We can see that an organization is not an exception since it is the most complex of all social units (Balancedscorecard, 2017). In the lesson to come, we shall explain how to successfully swim in through uncertainty and complexity with regard to corporate survival. Such will also associate with renewal. Reference Balancedscorecard. (2017). The Basics of Strategic Planning, Strategic Management and Strategy Execution. Balancedscorecard.org. Retrieved 17 June 2017, from https://www.balancedscorecard.org/BSC-Basics/Strategic-Planning-Basics Boundless. (2017). The Impact of External and Internal Factors on Strategy. Boundless. Retrieved 17 June 2017, from https://www.boundless.com/management/textbooks/boundless-management-textbook/strategic-management-12/strategic-management-86/the-impact-of-external-and-internal-factors-on-strategy-419-1549/ CMOE. (2017). 10 Traits of Strategic Leaders. CMOE. Retrieved 17 June 2017, from https://cmoe.com/10-traits-of-strategic-leaders/ Hartman, D. (2017). What Is Strategic Capability?. Smallbusiness.chron.com. Retrieved 20 May 2017, from https://smallbusiness.chron.com/strategic-capability-15828.html Harvard Business Review. (2017). Strategic Leadership: The Essential Skills. Harvard Business Review. Retrieved 17 June 2017, from https://hbr.org/2013/01/strategic-leadership-the-esssential-skills Hill, B. (2017). Marketing Plans for a Competitive Advantage. Smallbusiness.chron.com. Retrieved 27 May 2017, from https://smallbusiness.chron.com/marketing-plans-competitive-advantage-65986.html Kader, M. (2017). Strategic Management (StratMgt). Open2study.com. Retrieved 20 May 2017, from https://www.open2study.com/courses/strategic-management Kaplan (2017). Critical success factors and core competencies. Kfknowledgebank.kaplan.co.uk. Retrieved 20 May 2017, from https://kfknowledgebank.kaplan.co.uk/KFKB/Wiki%20Pages/Critical%20success%20factors%20and%20core%20competences.aspx Kort, R. (2017). The Five Focus Areas For Successful Project Management. Raniakort.com. Retrieved 17 June 2017, from https://www.raniakort.com/five-focus-areas-for-successful-project-management.html Management. (2017). SMS | Strategic Management Society. Strategic management.net., Retrieved 20 May 2017, from https://www.strategicmanagement.net/ McArthur, E. (2010). Diversity in the Workplace - Leading Association for Diversity Conferences and Collaboration. Workforcediversitynetwork.com. Retrieved 20 May 2017, from https://www.workforcediversitynetwork.com/res_articles_managingdiversity_mcarthur.aspx MSG (2017). Resources, Competencies and Distinctive Capabilities. Managementstudyguide.com. Retrieved 20 May 2017, from https://www.managementstudyguide.com/resources-competencies-distinctive-capabilities.htm Prewitt, J., Weil, R., McClure, A. (1999). A Complex Adaptive Systems Approach to Strategic Planning. Retrieved 17 June 2017, from https://www.ajbms.org/articlepdf/ajbms201211i11111.pdf Saxena, K. (2014). Capabilities versus Competence: How are they Different?. Retrieved 20 May 2017, from https://www.linkedin.com/pulse/20141123155439-7430899-capabilities-versus-competence-how-are-they-different VMOSA. (2017). Developing a Strategic Plan | Proclaiming Your Dream: Developing Vision and Mission Statements | Main Section | Community Tool Box. Ctb.ku.edu. Retrieved 17 June 2017, from https://ctb.ku.edu/en/table-of-contents/structure/strategic-planning/vision-mission-statements/main Worman, D., McCartney, C. (2015). Managing Diversity in the Workplace | Reports | CIPD. CIPD. Retrieved 31 March 2017, from https://www.cipd.co.uk/knowledge/fundamentals/relations/diversity/age-diversity-insights-report
Sunday, December 1, 2019
Women in mathematics sexual and cultural diversity Essay Example For Students
Women in mathematics sexual and cultural diversity Essay 1.From developing the family tree of the three generations I learned a lot about them. My parents were the source of this information about the three generations. I didnt really know much about them. Based on my gathered information from my parents I think that my information is accurate. The reason why I didnt ask my other relatives is because they live abroad and also because I dont get along with some of my relatives. I was really satisfied with the results that I got from my parents. 2.From my dads side I found out that my grandfather had high blood pressure that resulted in sudden heart attack. I also found out that my grandmother was diagnosed with high blood pressure, Diabetes, and also Breast Cancer. From my moms side her dad had high blood pressure and also Gout. We will write a custom essay on Women in mathematics sexual and cultural diversity specifically for you for only $16.38 $13.9/page Order now My moms mom also has diabetes and high blood pressure. From looking at all these illnesses I see high blood pressure in my 3.The health condition that most likely to show up in the family is due to air pollution. Its because the environment where my family used to live in. India is a really populated and also polluted country where it is a great risk to the population to inherit the polluted gases which causes air pollution. So asthma is one of the main illness in my 4. I know that high blood pressure is the main illness in my family. The specific health change that I want to make in my family is the blood pressure. I will do it by cutting down on salt and fatty foods like Ghee. I want my family to cut down on the consumption of high cholesterol foods. 5.This assignment made me learn more about my family background and the health risks that evolve around my family. I also learned a lot about how I can make changes in my family because my family has a history of high blood pressure and diabetes. Bibliography: .
Tuesday, November 26, 2019
How to Start Green Fire With a Drop of Water
How to Start Green Fire With a Drop of Water You dont need a match to start a fire. In this project, start a fire by adding a drop of water to a dry chemical mixture. The best part? The flames will be green! Fire Safety You should be able to tell from the premise that thisà is an adult-only project, best performed by someone with prior pyrotechnic project experience. Follow the instructions carefully to minimize the risk of a fire. Youre using water to start a combustion reaction, so keep your materials away from moisture, soft drinks, perspiration, etc. Got it? Green Materials Instant cold pack (3 grams ammonium nitrate)7 grams zinc filings or powder1/2 gram table salt (sodium chloride)Mortar and pestle If you dont have a cold pack, you can use pure ammonium nitrate, which is available online. You can buy zinc filings or powder online or you can sand a galvanized piece of metal from a hardware store to get the element. If you have to file or sand the zinc, its a good idea to wear a mask, such as the kind used for home repair,à so you dont inhale zinc particles. Procedure for Starting the Green Flames Open the cold pack. Remove and discard the bag of water. Open the bag of ammonium nitrate. Measure out 3 grams of the granules and put them in the mortar.Add 1/2 gram of sodium chloride (salt).Use the pestle to grind together the salt and ammonium nitrate to form a powder.Carefully grind the 7 grams of zinc powder into this mixture. Water can ignite the mixture at this point, so dont spill your drink or drip sweat into the powder. Its a good idea to wear disposable plastic gloves, because you dont want the final mixture reacting with water on your hands.Transfer the mixture to a metal or otherwise fire-proof container. Take it outdoors to start the reaction. Use a pipette or other long-handled dispensing device to add a few drops of water. The reaction can be spectacular, so move back immediately. Another reaction you can do using these materials is to mix ammonium nitrate with zinc and initiate combustion by adding a few drops of hydrochloric (muriatic) acid. Disclaimer: Please be advised that the content provided by our website is for EDUCATIONAL PURPOSES ONLY. Fireworks and the chemicals contained within them are dangerous and should always be handled with care and used with common sense. By using this website you acknowledge that ThoughtCo., its parent About, Inc. (a/k/a Dotdash), and IAC/InterActive Corp. shall have no liability for any damages, injuries, or other legal matters caused by your use of fireworks or the knowledge or application of the information on this website. The providers of this content specifically do not condone using fireworks for disruptive, unsafe, illegal, or destructive purposes. You are responsible for following all applicable laws before using or applying the information provided on this website.
Saturday, November 23, 2019
The 15 writing habits of people who build amazing careers
The 15 writing habits of people who build amazing careers The 15 writing habits of people who build amazing careers One of the great pleasures of my job is that I frequently get a chance to talk to people who really are at the top of their game. Over the last 18 years, my colleagues and I have worked with over 40,000 people. And among them have been many industry leaders who have built seriously impressive careers and truly made a difference in their particular sector. These people are undeniably successful ââ¬âà regardless of whether you define success in monetary terms, in what theyve been able to achieve, or both. Along the way, Ive noticed certain characteristics coming up again and again in the documents and emails that these super-successful people write ââ¬â and in the approach they take to writing them. Clear patterns have emerged: ways of writing that so many successful people seem to share that I strongly suspect they are habits that underpin their success. Some of these patterns are in the way they write. Others are in what they write (and in how they develop that content). Together, these things propel them forwards, enabling them to make the kind of progress that others can only dream of ââ¬â and often to earn many times more than those people. No single person exhibits all the traits, or even most of them. And these extraordinary individuals may not even be aware that the way they approach written communication is special or know why their approach works so much better than what other people do. But the fact that they do it that way has almost certainly been a major factor in their rise to the top. So here are those characteristics: 1. They write with confidence It takes courage to tell it like it is, but these people have it in spades. Theres a fine line between being arrogant and being confident, and these people are definitely the latter. They exude belief in their messages by never hiding behind flowery language or using 30 words when ten will do. 2. They nurture their ideas So much writing advice (and presentation training, for that matter) focuses on methodology. But even the most articulate wording will not disguise lazy thinking. Effective thinking needs to come first and it takes time. It cant be done between emails or checking Facebook. These people make and take that time, building and developing their ideas. As a result, what they write has real value. In the longer term, this builds their personal PR, and their organisations begin to recognise that value more and more. 3. They keep notes Neuroscientists have made many real breakthroughs in the last 20 years. One of these is the discovery that there are two distinct types of thinking: focused thought and free association (sometimes called mind wandering mode). Our brains cant do both at the same time, needing instead to switch between the two. (Brain researchers have even identified the neural switch that does this ââ¬â the cingulate cortex.) The best ideas often spring from the second type of thinking, which typically happens when you are not sitting at your desk. In fact, it tends to happen when youre doing something completely unrelated to work ââ¬â like shopping or loading the dishwasher. Successful people tend to capture ideas from these moments of mind wandering by noting them down on their smartphones or on a small pad, which they keep with them at all times for that purpose. 4. They are careful readers Successful people often seem to recognise that their attention and mental capacity are precious resources that they must spend wisely and renew regularly. As such, they use social media and other websites judiciously, reserving them for free thinking time rather than getting sucked down into all-day Facebook fests that drain them of energy and original thought. They also allow time to focus on one thing ââ¬âà which benefits them not just because they can develop their ideas but because continually switching attention drains mental energy. 5. They look after their mind This habit often extends into other areas of their lives. For example, they make sure they get enough sleep and they eat sensibly: avoiding the highs and lows of sugar binges or overdosing on caffeine. Of course, they are human. But their secret is self-awareness. So, if the ideas arent there, they do something about it: whether thats going for a walk, stimulating their mind ââ¬â with more reading or music, for example ââ¬â or simply stopping and picking things up tomorrow. 6. They are conscious writers This one is critical. People who build extraordinary careers are expert influencers, so they are acutely aware of the effect both poor and good writing can have on others. They know that every document or email is an opportunity to influence many more people than they will ever meet, so they never squander that opportunity. That means they think before they write (unlike their less successful colleagues, who typically think while theyre writing ââ¬âà or even afterwards, when it may well be too late). 7. They write to express, not impress The most successful writers never waste time or screen space posturing with verbose language. Theyd much rather engage directly with the brains of those they seek to influence in the most efficient way possible. 8. They know that its not all about me The first and main focus for them is their reader: who they are, what interests them, what they might be thinking and what they want them to think. That focus underpins their planning and stays with them throughout the writing process. (This is in contrast to less effective writers, whose focus tends to be on just getting the thing written and crossed off their list.) 9. They see the big picture This is another aspect that truly marks out highly successful people from the rest. Ive noticed that they develop a keen understanding of where their organisation is going and make sure they keep that at the front of their minds, rather than dwelling on the minutiae of the day-to-day. But that doesnt mean they ignore minor tasks or issues. They just see those as part of the bigger picture and keep that in mind when theyre writing. As a result, they often have a direct connection with the executives in the C-suite, who tend to be similarly focused. 10. They know when enough is enough The most successful people make their written communications only as long as they need to be: never longer. They also know that those communications usually need to be a lot shorter than many of their colleagues think they do. 11. They set clear objectives and they plan Uncommonly successful people know exactly what each report or proposal needs to achieve. Often, they write down those objectives; always, they base them on a knowledge of their readers. (See point 8.) This is part of an essential planning process. Many people start their documents by immediately firing up Word (or, if theyre a management consultant, more likely PowerPoint) and starting to type. But not these people. They know that planning is essential and they take time to work out a structure for their document before they even touch their keyboard. 12. They know how to build a persuasive argument By the time they start typing, they already have a clear idea of who their reader is, where they need them to go and ââ¬âà crucially ââ¬âà how theyre going to get them there. The most successful people know that persuasive writing is more of a science than an art. So they build their argument carefully first. As a result, their battle is half won even before they open up their laptop. 13. They are politically aware Awareness of organisational politics ââ¬â and how to use that knowledge to your advantage ââ¬âà is a sensitive issue. In an ideal world, everyone would work together selflessly and and logically for the greater good. But the real world is populated by humans, with all their foibles, ambitions and emotions. Successful people know that their documents will have to work with those too. So, regardless of what theyre writing, they take into account human psychology and how its played out in their particular workplace. 14. They dont rely on writing alone Its tempting to think that the written word is the only tool in your communication toolbox. The most successful people know that there are other tools too, and theyre careful to choose the right one for the job each time. So their documents often include captivating charts, diagrams or pictures. And these people know when to talk to someone instead of emailing them (sometimes as a way to ensure a document hits its mark). 15. They sweat the small stuff Ive deliberately left spelling, punctuation and grammar to the end of this list ââ¬â even though those are the things that most people think of if you mention effective writing. Thats because a technically perfect document can still be devoid of original thought, totally disengaging and, therefore, potentially useless. However, it is still important to make sure that silly mistakes in accuracy dont undermine all your hard work. Successful people use spell-check and proofread their work. This list is still evolving and its not exhaustive. You may well have noticed other habits that make all the difference. Id love to hear what they are, so do let me know in the comments below. Image credit: mimagephotography / Shutterstock
Thursday, November 21, 2019
SIM 9 Essay Example | Topics and Well Written Essays - 250 words
SIM 9 - Essay Example They made a passage from the roof and lowered the bed on which the paralytic man lay; Jesus saw faith and healed and forgave the manââ¬â¢s sins. He said, ââ¬Å"Son, your sins are forgivenâ⬠.1 This passage continues to narrate the deeds of Christ. The importance and significance of this passage is that it encourages people to have faith and teaches as that Jesus as the son of God forgives sins. It also tells that they some who believed in preaching and others who were there just to criticize what he taught. The teachers of the law thought that what Jesus did was blaspheming. They said the only one who had the authority to forgive sin was God alone.2 This passage emphasizes on the importance of faith in our lives. In a personal context, this Mark chapter 2 in the bible teaches me that faith without action is dead. In the passage, I am reminded that it is important to act on my faith as the men carrying the paralyzed man. Their faith healed the paralyzed man.3 So if I act on my faith and believe in Jesus, my sins will be forgiven. Lastly, it states that the son of god (Jesus) can forgive sins. Therefore, I must believe and trust in him. In my church, I can remind my fellow worshippers of the importance of believing in Jesus miracles and trusting in him. I can urge them not to be like the teachers of the law who criticized Jesus, but, live according to his rules and footsteps so as they their souls can be healed as well as their sins to be
Tuesday, November 19, 2019
Assess the Current Status of Primary Healthcare in the Socialist Essay
Assess the Current Status of Primary Healthcare in the Socialist Marketplace - Essay Example (IBM, 2006) But healthcare for the population at large has lagged behind other markers of success. During the first few decades of the current Chinese regime the resources of the local principality had much to do with access to resources. In rural areas, regional organization at the local level attempted to meet the medical needs of those in the district. In urban areas, the work unit was the most important unit of local governance in terms of health-care access. THE RURAL SYSTEM With the end of the pure socialism of communal living, and the financial erosion of the work-unit system in urban areas, it is more standard for individual inequalities to be the determining factor for healthcare access.(Duckett, 2007) Low-income individuals without health-insurance may be able to cover a few minor medical incidents, but income inequities are likely to bring on financial insolvency, even when patients are able to pay. Where these financial inequities persist in a market with little viable in surance; the legitimate need for healthcare then becomes one more cause of poverty. (Mackintosh 2001: 175). Though efforts are underway to re-establish a cooperative system of health financing. By the late 1970s, The medical system in China was wedded to the over-arching government bureaucracy. Health services were just one more facet of the apparatus of administration and social control in a command economy. A World Bank study has observed that by 1975 ââ¬Ëalmost all the urban population and 85 per cent of the ruralââ¬â¢ had a form of insurance that was at least able to provide the most basic of medical services, as well as cost-effective preventives, and sometimes curative treatments. This also entailed financial risks that to some extent, the population shared, in addition to the benefits in life expectancy. (World Bank 1997: 2), (World Bank 1992). In Rural regions the 1960's and 70's saw many of these benefits in the form of vaccines and contraceptives; under the auspices of local control based upon the older system of rural communities funding the majority of their own health services. (Huang 1988; Kan 1990:42). Under the older system, rural areas typically had a three-tiered system of regional organization was responsible for the administration of health-services. There were hospitals at the county level, Health centers for communes that could provide referral services and the supervision of preventative treatments; and the communes. Individual village/communes had health stations staffed by rural practitioners sometimes known as ââ¬Ëbarefoot doctorsââ¬â¢ (Bloom & Gu 1997). These local-level commune health centers would report to the district commune-management communist party committee. The next step above them in medical matters was the county-level general hospital, for a higher level of technological support and supervision. But all of these institutions were under the auspices of a county health bureau, for the purpose of administration, rather than actual treatment. The intent was to bring new dimensions of health-care to rural areas previously bereft of them in years before. Attempts where made in the late 60's and 70's, what might be termed the late Mao era, to introduce an apparatus of collective funding, similar to health insurance programs to better assist the rural health-system for most villages. And for
Sunday, November 17, 2019
Single-Sex School and Co-Ed School Essay Example for Free
Single-Sex School and Co-Ed School Essay Girls are far more likely to thrive, get GCSEs and stay in education if they go to a single-sex school, according to new research, which reveals pupils who are struggling academically when they start secondary school reap the biggest rewards of girls-only schooling. The analysis of the GCSE scores of more than 700,000 girls taught in the state sector concludes that those at girls schools consistently made more progress than those in co-ed secondaries. The fact that pupils with the lowest test scores when they started secondary made the biggest leap in girls school will reopen the debate about whether more children should have access to a single-sex education in order to drive up results. The number of girls schools has dwindled in the state sector since the 1970s and has been dropping more recently among private schools, as more and more parents demand co-ed schools. Only 221,000 girls and 160,000 boys are now taught in state single sex secondaries out of a total school population of more than 3. 5 million. The research, conducted on behalf of the Good Schools Guide, looked at the contextually value added scores for every girl who took GCSEs in the state sector between 2005 and 2007. Grammar schools were excluded. The government introduced value added scores to rate the progress pupils make between the end of primary school and GCSEs taking into account their socio-economic backgrounds. Of the 71,286 girls who sat GCSEs in single-sex schools over the three-year period, on average all did better than predicted on the basis of their end of primary Sats results. By comparison, of the 647,942 who took exams in mixed-sex schools, 20% did worse than expected. In the value added score, in which a zero score indicates a child achieving the GCSE results expected on the basis of their Sats results at 11, the lowest 10% achievers who went to girls schools scored on average 17. Among the lowest 10% achievers in mixed schools that score was -10. It means girls who start secondary struggling with their work are more likely to get GCSEs and stay on at school to do A-levels. Janette Wallis, editor of the Good Schools Guide, said: A lot of parents will look at the benefits of co-ed schools, like the fact that girls and boys are educated side-by-side preparing them for the world of work and life. But to disregard this evidence would be a mistake. We never expected to see such a difference. She said the effect could be down to girls working better without boys distracting them but acknowledged the fact that educationally aspirant parents could seek out girls-only schools, which could also make a difference. Alice Sullivan, a researcher at the Institute of Education, University of London, and a specialist in single-sex schooling, said: It is very interesting that girls seem to be making more progress at single-sex schools. It does support a body of research evidenc e that girls do better in single-sex environments. However, other leading academics said the research was more conflicting. Alan Smithers, director of education at Buckingham University, said: We know across the piece that the main variables relating to exam success are pupil characteristics, social background and quality of teacher. There is very little space for gender in the classroom to make a difference. Where it apparently has an effect it relates to other factors, such as the aspirations of the parents who want their daughter educated in a single-sex school. But if this is true it will change our understanding. Sue Dunford, headteacher of Southfield School for Girls in Kettering, said: Its a question of confidence in the way girls develop. Its cool to be very good at anything in a girls school maths, sciences or physics. No one will ask why youre doing a boys subject. Girls who lack confidence can thrive more in girls-only schools. We dont have boys competing and distracting, so girls can really go for it.
Thursday, November 14, 2019
Cultural Ambiguity and the Sexual Relationship :: Exploratory Essays Research Papers
Cultural Ambiguity and the Sexual Relationship à à The notion that a culture cannot wholly define a term it puts to use every day is perplexing, yet that seems to be the case in American culture.à à The term "sexual relationship" is one that is thrown around and used loosely by people of all ages in the United States.à Truly the phrase has many connotations, but as to which is correct, there is little definition. à In order to ascertain some sort of definition it is logical to examine public debates involving this phrase.à The most recent public debate requiring the definition of a "sexual relationship" involved the case concerning President William J. Clinton's relationship to White House intern Monica Lewinsky.à The documentation of this case is summarized in a report commonly referred to as "The Starr Report," in which President Clinton denies having had a sexual relationship with Ms. Lewinsky, even though she claims otherwise.à Clinton does so by standing behind the definition set forth in the Jones Deposition. "[A] person engages in "sexual relations" when the person knowingly engages in or causes -- (1) contact with the genitalia, anus, groin, breast, inner thigh, or buttocks of any person with an intent to arouse or gratify the sexual desire of any person . . . . "Contact" means intentional touching, either directly or through clothing." (www.house.gov/judiciary/6nar rit.htm#L11)à Per this explicit definition, Clinton claimed that Ms. Lewinsky had "sexual relations" with him (e.g. oral sex) but he had not engaged in a "sexual relationship" with her.à Therefore, one possibility for the definition of a "sexual relationship" could involve the clear-cut guidelines above, and as President Clinton suggested, involve only one person. à However, Ms. Lewinsky's view was slightly different.à She claimed that, in fact, the two had a "sexual relationship" because President Clinton did engage in some of the acts mentioned above and lied about it.à This added information causes murkiness in the argument that one member of a partnership can engage in a "sexual relationship" without the other partner.à Indeed, much of the argument tends to point towards the idea that two people are usually involved in a "sexual relationship" because it is difficult to have said relationship with only one person.
Tuesday, November 12, 2019
Economics â⬠Short Answers Essay
Answer #1 One of the problems that concern me right now would be the continuous increase of prices of petroleum products in the market which greatly affected my budget. Moreover, the said hike of oil prices causes our economy to perform badly for the past quarters which indirectly affects the prices of major commodities in the market like sugar, coffee, rice etc based from what I have read from the news papers and magazines. In this regard, oil price hike imposes negative externalities on our welfare ââ¬âconsumers. But to some extent, oil price hike also bring benefits to our economy in a form of forcing our federal government to find ways of providing alternative sources of energy aside from crude oil like bio-fuel. If it not for the price hikes of petroleum products in the market for the past decades, authorities would make no effort to find other sources of energy especially one that would serve as substitute for crude oil. After a few more decades, prices of petroleum products will start to decline as a consequence of emerging alternative sources of energy like bio-fuel as what I have said a while ago. Answer #2 One of the best examples of monopolists that currently exist in the market would be Microsoft Company. Microsoft Company serves to be the sole provider of Windows ââ¬â software being used by almost all of personal computers around the globe. In this regard, the absence of other provider of Windows other than Microsoft makes the latter a monopolist catering for a large pool of buyers. Moreover, since Microsoft is the sole provider of Windows which we are all using nowadays, there is a great possibility for Microsoft to charge higher prices due to the absence of substitute goods for Windows. Furthermore, monopolists, because of its large market influence, can easily prevent new players to enter the industry of Software production giving them enough room to enjoy sole player in the market. Answer #3 Based from the negative effects that monopolists imposes not only to consumers but also to other market players, the federal government made necessary laws that would restrict the action of monopolists in the market creating enough way to protect the welfare of the consumers and other market players. One of the said laws could be the Anti-Trust Law. Anti-Trust Law is a bulk of laws that forbid unfair market competitions and anti-competitive behaviour of monopolists through illegalizing some practices of the latter that believed to hurt either or both businesses and consumers (U. S. Department of Justice, 1996). As for the case of labor monopolization of giant unions, I think we could also consider them as a source of potential negative effects just like of Microsoft as well as the misallocation of economic resources. The main reason here would be that, having a giant union monopolizing laborers in the market, there is a tendency that they will have a higher bargaining power on private firms of various industries, such as salary increase, which imposes negative effects on the operation of the businesses. At the end of the day, it is the consumers who will suffer from the actions of giant unions since the tendency of the private firms is to pass what ever the added costs they will incur from the said increase of bargaining power of labor unions. Answer #4à Another type of market structure aside from monopoly would be oligopoly. Oligopoly is a type of market structure wherein there is a few sellers and many buyers in market. As compared to monopoly, there exist market competition in oligopoly which improves the quality and quantity of goods and services in the market and so with the consumer welfare. One possible example of oligopoly would be Wal-Mart. Wal-Mart is a retail stores and tagged as ââ¬Å"the Giant Storeâ⬠which leads the industry of retailing due to its large size relative to other retail stores in the industry. The only down turn here in oligopoly would be the possibility of collusion between those ââ¬Å"few sellersâ⬠in the market in order for them to minimize competition and have control on the price level in the market. The said collusion of oligopolists is called cartel and this act in the market just like a monopoly. This is the reason why federal government is keeping an eye on oligopolists to prevent such scenario since cartel is no difference with monopoly. Answer #5 Yes, the local phone service market, which was dominated before by Bell, has a great possibility of reaching competitive market due to the forces of competition. With the existence of competition, the local phone service industry members would have to compete to one another in order to attract more customers in terms such as higher service quality and lower price. Those improvements in the service quality and lower price of local phone service would make the said industry competitive since consumer welfare will surely improve; and at the end of the day, societal welfare will start to improve along side with the local phone service industry itself. Answer #6à One of the ways for us to determine if the product differentiation of competitive firms us wasted or not would be to know if the consumers possess brand loyalty which is the main target of differentiating product from one another. Product differentiation serves as the ââ¬Å"identityâ⬠of any firm belonging to the competitive market and that identity will stand as the ââ¬Å"brandâ⬠for the private firm. Now, if consumers in the market do not have the sense of ââ¬Å"brand loyaltyâ⬠, then, there is a big possibility that the product differentiation of private firms will be deemed unsuccessful in penetrating its target consumers. Answer #7à OPEC has been successful in controlling the production of oil since it has a bargaining power superimpose on the government of various countries that supplies oil in the market. OPEC determines the market demand and supply existing in the world market and either they increase or decrease the oil supply depending on the season, economic stability of their member countries and volume of supply of oil-producing countries to the organization, moreover, there are times that OPEC regulated the supply of oil for precautionary reasons like during the times of war and during the times of potential shortage in the coming period. The only negative effect of OPECââ¬â¢s intervention on our welfare, especially during the times when they cut the supply of oil in the world market, would be the high prices of petroleum products on our domestic market. Therefore, the reason why there is existing oil price hike in the market would be either OPEC cut the supply of oil in the world market which creates pressure for the prices of petroleum products to increase, or because of the economic and political instability of oil-producing countries which creates threats for oil supply shortage in the world market. At the end of the day, consumers will carry the burden of that economic and political instability of other country through the intermediation of OPEC in the world market for petroleum products. Answer #8 The reason behind the success of Wal-Mart for the past years lies on its market share and size which provide rooms for further lowering down the prices of their goods relative to their competitors. Because of the large market size and share of Wal-Mart, they have been able to have more bargaining power to their suppliers in a form of price discounts since once Wal-Mart buys products to their suppliers; millions of volumes of goods are at stake. This is the reason why suppliers would want to supply Wal-Mart due to large volume of order that they can get once they were able to close a deal with the management of the Giant. At the end of the day, those price discounts that Wal-Mart was able to receive from their suppliers will give them enough room to further set the prices of their products lower as compared to their competitors, thereby, attracting more customers which eventually lead to experiencing high company growth in terms of profitability and sales volume.
Saturday, November 9, 2019
Comparing: In Paris with You; His Coy Mistress Essay
Both poems are about love ââ¬â love that has been lost, damaged and tainted. In Paris with You is the bitter tale of a man who tries to move on from a lover that has left the man broken, biting and bleak, his poem is a woeful tale of the breakdown of what was clearly a precious relationship that had soured over time leading the man into a spiral of distress and Paris. The title itself suggests his biting personality In Paris with You ââ¬â when you initially read it ideas of romance and love fill your mind but upon reading the poem all these thoughts go out the window and you realise the narratorââ¬â¢s vexation towards this person and the negative connotations they carry from the narratorââ¬â¢s point of view. Countering In Paris with You is His Coy Mistress a poem about an age old love that is dominated by lust and fuelled with an intense passion, the poem shows that the narratorââ¬â¢s appetite for lust can turn spiteful and the cruelty shown towards the women in the second stanza indicates the fickle nature of the narrator which is further proved in stanza three. The second poem is different from the first in the sense the narrator seems to have more respect for the woman he compares her to ââ¬Å"rubiesâ⬠and countless mentions of his adoration and dedication towards her, he complains that her ââ¬Å"coynessâ⬠has distanced the two and exaggerates it as he subtly mentions the River Ganges and Humber two different locations which he uses not just to compliment her and her beauty but also to suggest the space they share between them. However this does not hinder his ââ¬Ëloveââ¬â¢ for her as he calls it a ââ¬Å"vegetable loveâ⬠that ââ¬Å"should growâ⬠which implicates themes of a natural, healthy love that is fresh and genuine, a love that is ââ¬Å"vaster than empiresâ⬠invoking thoughts of power and might ââ¬â influential even. Opposing His Coy Mistress is In Paris with You the narrator treats the women like a slave someone who he sees as an object to distract himself from the woman who ââ¬Å"bamboozledà ¢â¬ him, he uses nautical imagery such as ââ¬Å"hostageâ⬠and ââ¬Å"maroonedâ⬠to describe his situation which suggests his feeling of confinement and restriction and why he may not want to go sightseeing in Paris because he wants to stay hidden away from the harsh sunlight and cruel world staying secluded in his own private island of misery with only his new ââ¬Ëloverââ¬â¢ to keep him company. In the second stanza of His Coy Mistress the narrator changes his mood towards the woman changing his love-struckà attitude to one that is enraged and resentful, he spites her by suggesting ââ¬Å"worms shall try that long preserved virginityâ⬠simultaneously mocking her chastity and her pride. He shows contempt by repeatedly acting like she is unwanted by all except death because of her ââ¬Å"coynessâ⬠he says her ââ¬Å"quaint honour shall turn to dustâ⬠to pressure her in a way by suggesting what she is doing now is useless and holds no meaning much like In Paris With You when the narrator repeatedly infers that what they do in Paris is not at all significant and is a band aid ââ¬â a quick fix for his previous lover. Unlike In Paris with You His Coy Mistress turns remorseful and apologises indirectly by slowly coaxing her to embrace their lust and embrace and empower their love while In Paris with You remains the same unapologetic and laced with innuendos til l the very end.
Thursday, November 7, 2019
How to Stand Out in Any Job Interview- TheJobNetwork
How to Stand Out in Any Job Interview- TheJobNetwork In todayââ¬â¢s world, competition for jobs is as fierce as it has ever been. The average employerà interviews multiple people for a job. Even after youââ¬â¢ve made it to the second round or third round of interviews, itââ¬â¢s extremely likely that youââ¬â¢re still competing against 2-3 other people for this job. With that being said, itââ¬â¢s important to stand out in your job interview. Of course, thatââ¬â¢s easier said than done. The infographic below will help you figure out how to succeed inà any job interview so that regardless of competition, youââ¬â¢ll be able to impress future employers and increase your chances of landing the job.Source: [InterviewSuccessFormula]
Tuesday, November 5, 2019
Members of Congress by Profession
Members of Congress by Profession There are lots of professional politicians, those solons who hop from one elective office to another and always land on their feet - or at the helm of some federal agency or even in the Senate - because theres no such thing as statutory term limitsà and theres no way to recall them. But many members of Congress came from real professions before being elected.à There have been actors, comedians, talk-show hosts, famous journalists and all sorts of doctors who have served in the House of Representatives and U.S. Senate.à Members of Congress Byà Profession So who are these people and what did they do? There are the obvious non-politicians: actor and President Ronald Reagan,à Songwriter Sonny Bono was one-half of Sonny and Cher,à one of the most popular rock duosà of the 1960s and early 1970s,à author andà talk-show hostà Al Franken, whoà wasà best known for his role onà Saturday Night Live.à Who can forget professional wrestler Jesse The Body Ventura, whose political resume ended at governor of Minnesota? But what about the common members of Congress? Where did they come from? What were their professions? Business and Law Data compiled regularly by the Washington, D.C., publication Roll Call and the Congressional Research Service have found that the most common professions held by burgeoning members of the House and Senate are in law, business and education. In the 113th Congress, for example, nearly a fifth of the 435 House members and 100 senators worked in education, either as teachers, professors, school counselors, administrators or coaches, according to the Roll Call and Congressional Research data. There were twice as many lawyers and businessmen and businesswomen. Professional Politicians The most common profession among members of Congress, though, is that of a public servant. Thats a nice-sounded term for a career politician. More than half of our U.S. senators served in the House, for example. But there are dozens of former small-town mayors, state governors, former judges, ex-state lawmakers, one-time congressional staffers, sheriffs and FBI agents, just to name a few. More Unusual Professions Of course, not everyone in Congress is a lawyer or professional politician or celebrity seeking to make a serious name for himself or herself. Some of the other jobs held by members of Congress include the following: Car dealerRodeo AnnouncerWelderFuneral home ownerSoftware engineerPhysicianDentistsà Veterinariansà PsychiatristPsychologistsOptometristNurseà MinisterPhysicistEngineerMicrobiologistà Radio talk show hostà JournalistAccountantPilotAstronautProfessional football playerFilmmakerà FarmerAlmond orchard ownerVintnerà FishermanSocial workerStockbroker Are You Thinking of Running for Office? Before you launch that presidential campaign, there are some things you ought to know. These dentists and stockbrokers and astronauts didnt just jump headfirst into politics. Most were involved, whether it was through volunteering with campaigns, becoming members of the local party committees, giving money to super PACs or other political action committees and serving in small, unpaid municipal positions.
Sunday, November 3, 2019
The measurement of inflammatory oedema in skin Essay
The measurement of inflammatory oedema in skin - Essay Example The PubMed database contains more than 80,000 references related to the problem of the inflammation in medicine and biology. Nevertheless, the studies dedicated to the problem of inflammatory response do not loose their pertinence and keep top positions on the ranking of the most important scientific directions. The physiology of inflammation is very complicate. There are five universal hallmarks of the inflammation, four of theme were described by Celsus in the Ancient Rome as follows tetrad: rubor (i.e. hyperemia or redness due to increased blood flow), calor (heat due to increased metabolic activity and blood flow), tumor (i.e. swelling or oedema), and dolor (i.e. pain). The fifth hallmark of the inflammation was added to the previous by Dr. Rudolf Virhow only in the middle of XIX century. This is "functio laesa" or loss of function. But these visible indices of the inflammation are the result of the sophisticated processes mediated by the numerous humoral and cellular factors (Ley, 2001). Thus there is well known, that the inflammatory response has two components - cellular and exudative. The exudation is characterized by producing exudates i.e. fluids and cellular substances that are slowly discharged from blood vessels of inflamed tissues. The exudates contain proteins (fibrin and others) and could be released due to the increase of capillary permeability in the affected tissue. This process leads to the occurrence of oedema, thus by the measurement of swelling area the researcher can control the intensity of the inflammation. There is also important to remember that oedema distends the tissues, irritate the nervous receptors and can cause pain (Ley, 2001). The cellular component of the inflammation is presented by the emigration of leucocytes from the blood vessels into the inflamed tissues. Nevertheless for the research planned and conducted by the schedule of our training there is more important to recognise main mediators of the inflammation. There was demonstrated in the studies conducted recently (Ley, 2001; Sigal, 2005; Hildebrand, Pape & Krettek, 2005) that cytokines interleukin-1 and tumor necrotizing factors can play important role in the upregulation of the endothelial receptors and the processes of extravasation (i.e. e,igration of inflammatory cells into extravascular sites). This can increase intensity of swelling also. The vasoactive agents can influence on the processes of the exudation and extravasation significantly. Nevertheless they role are not studied completely. In the last decades the researchers pais great attention to the mechanisms of the impact of some vasoactive peptides on the microvascular responses during the acute and chronic inflammation. There are many candidates for profound studies in this area, nevertheless, some investigators prefer to use calcitonin gene-related peptide (CGRP) for modelling physiological reactions during the inflammatory response. This is a 37 amino acid peptide that is produced in the central and peripheral nervous system in the rodents (rats and mice). Since 1985 (Brain et al) there is known that CGRP is an extremely potent and long lasting microvascular vasodilator which can act to potentiate
Thursday, October 31, 2019
The Research Proposal Dissertation Example | Topics and Well Written Essays - 2000 words
The Research Proposal - Dissertation Example The presence of such significant number of industries in the region also invariably affect the environment of the region specifically and UK generally. London is also considered as the third command city in the world after New York and Tokyo because of the fact that it is the leading financial hub of the world. The overall population of London is however, mostly employed by the Services sector with less than a million population working in the manufacturing sector. Regionââ¬â¢s only substantial manufacturing facility is Ford Dagenham which is also the largest diesel engine manufacturing facility in the world. Though the overall concentration of industry is low in the region however, it can still pose a threat to the environment. This proposed research study therefore aims to assess and explore the impact of industry in greater London on the environment of UK generally and Southern England specifically. Aims and Objectives of the Research The major aim of this research study is to understand and explore as to how the industry of great London impact on the environment of UK and especially the Southern England. ... How industries in great London have an impact on environment? 2. Are there any particular types of industries which are affecting the environment most? 3. Whether regulatory requirements for environment are being met by the industry? A general assessment of the regulatory requirements and the implementation will be undertaken to understand as to whether regulations have any influence on reducing the impact. 4. Does industry is taking efforts to lessen such impact? 5. If yes, what measures have been taken so far in order to contain the damage? These broader aims and objectives will therefore set the overall tone and direction of the research. These research objectives will also allow the researcher to set the overall research questions and hypothesis for this research. Research questions and Hypothesis Following research questions and hypothesis will be constructed for the purpose of this research: 1. Industry has significant impact on the environment. Industry does not have any impac t on the environment? 2. Businesses have put in place appropriate security and risk measures to reduce the impact on environment. There are no significant efforts taken by the industry to reduce the impact on environment. 3. Regulations have been successful in compelling businesses to reduce the harmful impact on environment. Regulations have failed to compel businesses to reduce the harmful impact on environment. Literature Review Greater London region has important significance in the economy of UK and contributed towards the economy to a great extent. It is also however, important to note that the economy of London went through a structural change where the focus was shifted from the manufacturing to services sector. Greater London therefore is still dominated by the firms
Tuesday, October 29, 2019
Utilization Management Programs Essay Example | Topics and Well Written Essays - 750 words
Utilization Management Programs - Essay Example Services did become better coordinated at the CMHC level, but the responsibility for negotiating the service system and compliance of the treatment remained with the client. Specific case management service guidelines vary somewhat as the individual states' interpretation and implementation of federal mandates differs. The needs and resources of a large inner-city population vary considerably from those of a rural community. A clear and consistent service definition has not been reached, and there is no consensus on what does and what does not constitute case management. Some people describe case management as purely a brokering or linkage function while others include comprehensive skill teaching and support in addition to service linkage. Controversy also exists regarding who can best provide the service: nonprofessionals, specified mental health professionals, or a combination of both in a team approach. Consumer case management, in which clients or consumer sin the mental health system act as case manager aides for those with less functional ability, is also being undertaken The initial case management evaluation period is typically 30 days, during which it is desirable to gain as complete a picture as possible of the client's past and current functioning. The case manager must evaluate the client's status, needs, and goals in each of the following areas: mental health, physical health, financial status, housing, living skills, leisure, vocational and educational activities, and availability of a support system. Because case management is designed to address the broad range of a client's needs for maintaining satisfactory and stable community living, the initial evaluation phase is critical in identifying existing resources, skills, and strengths, as well as service and support needs and skill deficits. The overall goal of case management is help maintain the client's quality of life in the least restrictive community environment possible: therefore, evaluation data should assist the case manager in identifying factors that may have resulted in either the client's successes or failures in the past. Service Plan Development The service plan is the case management equivalent of the treatment plan as used in traditional inpatient or outpatient setting. It identifies the client's goals and objectives for a specified time period, typically a six-month time period, and it must be updated at least that often, or as necessary, as goals are achieved or are deemed inappropriate or unrealistic at any point during that period. The format of the service plan varies, but generally it identifies the client's goals and the client's case management objectives and service activities for achieving each one. Because services are individualized, the number of goals appearing on the plan at any one time will vary. It is important to be realistic and set no more goals than can be accomplished within a given time period. It is preferable to state the client's goals in his or her own words. Objectives must be measurable, have projected time frames, and be consistent with evaluation results and client goals. They should be realistic and broken down as necessary into tasks deemed achievable for the particular client. Placement Services Case management placement assistance may be defines as any support provided to the client
Sunday, October 27, 2019
Sources Of Finance And Impact On Financial Statements Finance Essay
Sources Of Finance And Impact On Financial Statements Finance Essay This brief report highlights the financial performance of the Trevors PLC using ration analysis and decisions on new projects that the company is going to be invested. Firstly it will focus on the financial statements of a company and the formats of financial statements. Secondly ration analysis performs on the basis of the information given about Trevors Plc. This explains under the main headings of Profitability, asset efficiency, liquidity, working capital management, solvency and Investors ratios. In addition to that it discusses the insufficient information to raise accurate comments on ratio analysis. Thirdly the emphasis will be given to the results obtained from net present value and Payback period calculations. Fourthly it identifies sources of finance. It involves details analysis of each financing methods and tax, ownership and controlling implication of each source. Finally the attention will be given towards the importance of financial planning and information need of the decision makers. Recommendation and conclusion of this report included in the latter part of this report. Financial statements Financial statements form a basis for understanding the financial performance, position and liquidity of a firm. As per the IAS Financial statement refers to, Balance sheet Income statement Statement of changes in equity Cash flow statement Accounting policies and notes An annual report includes following in general, Financial statements Auditors report 05 year summary of key financial data Stock prices(High or low) Management discussion and analysis Financial statements give good direction to achieve the objectives of a user. Fr example a lender to a firm in deciding whether or not to lend may refer to the cash flow statement. Financial health of a firm could be better understood by means of cash flow statement. Therefore this information collection can be viewed as a map, which provides a good direction. Often financial statements contain a large amount of information. Further the accounting policies, reporting environment, accounting practices are complex and constancy changing. The man can hide or omit key information, create the picture they require. Though the accounting standard limits variability, still financial reporting in different firms and industries has considerable deviations. The balance sheet is the snap shot of the firm. It is a convenient means of organizing and summarizing what a firm owns and what firm owes and the difference between the two at a given time (Equity). The structure of assets for a firm reflects line of business that the firm is in and also marginal decisions about how much cash and inventory to have and about credit policy, fixed assets acquisition and so on. Income statement measures a performance over some period of time, usually a quarter, or year. If you think balance sheet as a snap shot, then you can think of the income statement as a video recording covering the period between a before and an after picture. Information about the cash flows of an enterprise is useful in providing users of financial statements with a basis to assess the ability of the enterprise to generate cash and cash equivalents and the needs of the enterprise to utilize those cash flows. The economic decisions that are taken by users require an evaluation of the ability of an enterprise to generate cash and cash equivalents and the timing and certainty of their generation. A cash flow statement, when used in conjunction with the rest of the financial statements, provides information that enables users to evaluate the changes in net assets of an enterprise, its financial structure (including its liquidity and solvency) and its ability to affect the amounts and timing of cash flows in order to adapt to changing circumstances and opportunities. Cash flow information is useful in assessing the ability of the enterprise to generate cash and cash equivalents and enables users to develop models to assess and compare the present value of the future cash flows of different enterprises. It also enhances the comparability of the reporting of operating performance by different enterprises because it eliminates the effects of using different accounting treatments for the same transactions and events. As discussed in above lenders can evaluates the secure of their lending using g the information reflects on the cash flow statement. On the basis of that, if a companys cash flow statement reflects the well management of their cash and cash equitant that company is in position to raise fund easily from external sources. Various tools can be used in financial analysis. The derivative financial statements, (Cash flow statement, fond flow statement) Common size financial statement (Common size balance sheet and common size income statement), trend statement and Financial ratio analysis are the most commonly used tolls in financial analysis. These can be used as techniques of analyzing financial information for a more meaningful understanding of the financial position and performance of a firm. Formats of financial statements There are three basic forms of business organizations. Sole proprietorship, Partnership and limited liability companies. Sole proprietorship is a business form for which there is one owner, in a partnership two or more individuals act as owners and a limited liability company is a separate legal entity from its owners. When shares of a public limited company are listed, the company is known as quoted company, whose financial statements publication is compulsory. Therefore the annual reports of quoted companies are a major source of financial information. However most of the time, the financial information of sole proprietorships, partnerships and private limited liability companies are not readily publically available as there are no volunteers in financial statements publication. Tryor Plc presented their financial statements in accordance with the IASS since it get affects from legal requirements such as listing rules governed in the stock exchange. The main reason is the Tryor Plcs shared are listed on the stack exchange. Ratio Analysis Financial performance of the company can explain using a variety of measures. In particular, in this report, principally discuss the Trevors results by using ratio analysis. Ratio analysis can be regarded as a technique used in the financial statement analysis. It gives an insight in to the performance of an enterprise. Ratios could primarily be divided in to following areas: Profitability Asset Efficiency Liquidity Working Capital Management Gearing/ Leverage Investors Ratio Profitability This ratio reveals the efficiency of a business in terms of profitability and Assets utilization. Gross profit ratio of the company is recorded as 28.95%. This ratio is said to be favorable but in order to make accurate comment this has to be compared with the last year figures or industry averages. Net profit ratio of Trevors is 6.37%. Net profit ratio is also said to be favorable to the company since company earning profits from their operations. Trevor Plc was able to achieve significant turnover for the period. In addition to that management of the company was able to manage their cost of operations efficiently. However accurate comment on both rations will depend on the results of the last years and industry averages. (Refer Appendix 01 Profitability ratios) Asset Efficiency It assesses the efficiency of the company in terms of assets utilization. It is concerned on the areas of utilization of fixed assets and working capital. The detail analysis these ratios will reveal whether there are any idle assets or underutilized assets. Assets turnover is recorded at 0.73 (Refer Appendix 01 Asset efficiency ratio). This ratio indicates the à £1 of assets generates à £ 2.38 sales to the company. Therefore available information for the company is not sufficient since it has to be compared with industry averages or past years results. Liquidity This ratio assesses the liquidity position of the company. Liquidity is the amount of cash a company can put its hand to settle its debt and possibility to meet other unforeseen demands for cash payments too. A company can obtain liquid assets other the sales such as issue of shares for cash new loan or the sale of long term assets. But a company cannot rely on these at all times, and in general obtaining liquid funds depends on making sales and profits. Companys Current ratio is 2.16. Further Quick assets ratio is recorded as 1.50. (Refer Appendix 01). In theoretical view these two ratios are expected to be within a given range of 2:1 and 1:1 respectively. Trevors current ratio and quick assets ratio are lie within that given range. As a result of that companys liquidity position is held at good position. Therefore management of the company has to adopt on current strategies to continue this position in future also. However these ratios also compared with last year results or industry averages to raise an accurate comment on liquidity position of the company. Working Capital Management This assesses the efficiency of the working capital management of the company. Finished goods turnover ratio is recorded as 12 times. (Refer Appendix 01) Further this led to finished goods residence period to 30 days. In addition to that Creditors turnover ratio of the Trevors PLC is recorded as 8 times. Further company creditors period from suppliers is 45 days. Factors such as stock policies, policies on credit period allowed to debtors and those obtained from suppliers helps to determine the working capital management of the company. Comment on those rations cannot be raised due to unavailability of information. However Company would concentrate on increasing the rapidity of cash cycle, because each cycle can enhance the profitability of the company. Solvency Gearing ratios are concerned with a companys long term stability. How much the company owes in relation its size, whether its getting in to heavier debt or improving situation, and weather its debt burden seems heavy or light. Debt to equity ratio recorded as 3.94. It means à £ 01 of equity carries à £ 3.94 of debt. (Refer Appendix 01 gearing ratio) By just seeing the ratio its fair to say that Trevors uses significant amount of debt and can be identified as a geared company. Debt generally carries a fixed rate of interest; hence there is a given amount to be paid out from profits to holders of debt before arriving at residue available for distribution to the holders of the equity. The highly gearing situation creates greater risk to the equity holders. This means that there will be a grater volatility of amounts available for ordinary shareholders and presumably therefore greater volatility in dividends paid to share holders. Dividend payment in year 2009 is à £ 50,000. Investors ratio These ratios are considered to be external ratios and are used in evaluating the stability and investment potential of a company. Basic Earnings per share of the Trevor Plc was à £2.03 in 2009, reflecting the profitability in 2009. (Refer Appendix 01 Investors ratio). Trevors Plc can be considered as a well performing company in the industry since company maintains favorable investors ratios attracting potential investors. However this comment will not be accurate due to unavailability of comparison information about the past results of the company or the industry averages. Net Present Value (NPV) and Discounted Pay Back Period NPV = à £ 484,750.89 (Refer Appendix 02) Discounted Pay Back Period = 02 years and Nine Months (Refer Appendix 02) This project gives positive NPV of à £ 484,750.89. Further this project enables to recover its initial investment with in the period of 02 years Nine months. In order to make a decision based on the discounted payback period it has to be compared with target payback period. However project recovers its cost during its life time. Meanwhile positive NPV value gives a favorable indication that project is worthwhile. Therefore according the calculation its profitable to accept the project. Sources of Financing Term Loans Higher Purchases Debentures Venture Capital Leases Offer for sales Right Issue Tax Impact, Control and Ownership of Sources of finance Term Loans, Higher purchases, Debentures, Leases and venture capital can be identified as the debt financing methods. In the case of term loans, higher purchases, debentures and leases, existing ownership of the company may not be diluted. Voting rights to Control the company lies with the equity holders even though the company raise finance through above mentioned sources. Interest payments on debentures and term loans are tax deductible and debt holders do not have any controlling power in the company. However in the case of venture capital there is a risk associates with controlling power of the company, since controlling and planning of the business will be held in the newly acquired management. Rising of equity financing is much easier for a public company whose shares are traded on a stock exchange then its for a private company. Offer for sales and right issue can be identified as sources of Equity financing. Right issues are cheaper than offer for sales to the general public since it does not require the prospectus and less cost of underwriting. Right issues are more beneficial to existing shares holders than new shareholders. New shares are issued at discount to the current market price to the existing shareholders. In the case of right issues controlling power and ownership of the existing shareholders may not be diluted. However offer sales will lead to dilute the controlling power of the existing share holders. Dividend payments to existing shareholders and new shareholders are not tax deductible. Term Loans Long term loans are available from lending institutions and the commercial banks. It can be obtained to cover specific projects for restructuring as well as for equipment financing. Term loans are granted mainly on the strengths of cash generation of the project. This type of term loan facilitates grace period and easy repayment schedule at the early stage of projects operations. High purchases This is defined as procedure of purchasing goods under which the purchaser pays a deposit on the receipt of the goods followed by a number of installments until the debt is cleared. The goods do not become the property of the purchaser until the last installment has been paid. Debentures Debenture is direct from of borrowing by a company from the investors. In this case the interest rate and maturity period are fixed. The company is not required to pay the value of the debt before maturity although in some instances companies may prefer to redeem them before maturity by buying them back in the market. Venture Capital It refers to participation by way of equality or co- financing through long term convertible debt in business. Venture capital means risk capital. This type of capital is sought to assisting product development, market research and acquisition of plant and equipment. Risk associates with this are venture capital involves control of management and planning of the business. Leases Its a form of lending which enables a firm to use an asset without owing it. The owner of the assets grants another party the right to use the asset usually for a specific period in return of a series of specific rental payments. The risk is that lessee is not the owner of the asset for which he cannot claim capital allowances. Offer for sale Offer for sales is method of issuing shares to the public, which have already been bought by an investor as a block. Therefore its not considered as a primary issue but a secondary sale. A financial institution buys blocks of shares usually when the companies are formed and offer to the public at a later date. Right Issue Is a new issue of shares but subscription is limited to existing shareholders. Companies in need of additional capital usually go right issue unless the funds requirement is very large. The issue price will be determined usually at a level lower than the market price. Cost of sources of finance and impact on financial statements (FS) Capital structure decision is very significant since the question arises where her there is an optimal mix of capital and debt which a c company should try to achieve. If company is looking for obtaining debt Capital Company should earn enough profits to cover its interest charges before anything is available for equity. On the other hand if borrowed funds are invested in projects which provides return in excess of cost of debt capital, then the shareholders will enjoy the increased return on their equity. General cost of debt of each source as discussed in above is greater than the cost of equity financing. However tax savings can be enjoyed by the company in the cash of interest payments on debt financing. In the case of issuing shares to the public company has to incur considerable amount of expenses which are not tax deductible. As far as companies are concerned debt capital is potentially attractive sources of finance because interest charges reduce the profits chargeable only t o corporate tax. Shares can be issued to the public for the company whose shares are traded on the stock exchanges. In such case financial statements has to be complied with the IASs, listing rules and other regulations governing under the various institutions. Further format of financial statements for those companies are predetermined. But any company can obtain debt financing. In such case if the company is a quoted company, it has to be disclosed the financing sources and their cost and interest payments made during the period. Best method of raising funds Initial investment of à £ 1 m for the new project can e obtained from the term loan as a source of debt finance. Term loan has been selected to finance this project since this type of a loan can be easily obtained by Trevor PLC. Its quoted public company and this loan is obtained as the project oriented loan. Companys controlling power and the ownership of the existing shareholders will not be diluted. This is a main advantage to the company. In addition to that company does not have to incur any issue cost on issuing shares or debentures to the public. Company should have to incur only the interest payment on the borrowed amount of à £ 1m. Further interest payment on such loans is tax deductible and company can enjoy some tax savings. Debt holders do not have any controlling power on the entity. Anyhow company liable to pay interest whether company earn profit or incur loss. But this method is very suitable since this project generates a positioned net present value. In addition to the above this type of a loan repayment is geared to the specific needs of the project and may include a grace period before repayments commence and easier repayment schedule at the early stages of projects operations. Depending on the nature of the cash flow patterns firms are sometime allowed to capitalize the interest during the start up period. Financial Planning Finance for a business is provided either by owners or creditors. Finance is categorized by their maturity periods as short term and long term. Short term funds have maturity of on e year or less while long term funds have maturity of more than on e year. Therefore financial planning is very important for a finance manger since he has to match cash inflows from assets with the assets sources of financing. As such medium and long tem fiancà © investment in an enterprise should be financed from a medium and long term source. Investment in fixed assets such as land and buildings, plant and equipment generates benefits during their effective economic life. Therefore fund s locked in these assets will be repaid over a longer period. Thus long term assets should not be financed through short term sources. Therefore financial planning is significant without which company may incur heavy losses or possibility to go for bankruptcy. Information Needs of decision makers Piece of Information about any company is very essential to the stake holders who are interested in that company. Different stakeholders see the organizations from different angels. As such existing shares holders likes very much about the sales, gross profits, expenses incurred and profits earned during the period and any dividend payments. Potential investors are interested about the current earnings per share and new investments that the company is going to be implemented. Employees keen about the bonus payments, incentives, series and wages and potential survival of the company to ensure their job security. Government regulators are looking for information about profits and business operation to collect tax payments and other duties imposing on the nature of the business. As such different king of information about the company serves the stakeholders to make decisions which maximize their value. Unit Cost and Profit Margin As per the calculation (Refer Appendix 03) unit cost of a toy is recorded as à £ 19.68. Whereas profit margin of a toy (Refer appendix 03) is equal to the à £ 0.7179 in accordance with calculation. Recommendation Conclusion It is recommended Trevors Plc to undertake the new project of manufacturing and selling brand new toys since it generates positive net present value. Its fair to say the Trevors Plc perform their operations well. However accurate comments on ratio analysis cannot be raised since unavailability of comparison information about the past results of the Trevors PLC and industry averages.
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