Franchising and Convenience Store free essay sample

I. Presentation Company Background MINISTOP is a comfort storeâ franchiseâ chain in Japan. It was built up in May 1980 as a completely claimed auxiliary of Jusco Co. , Ltd. with an underlying capitalization of 30 million yen. By year July 1980 they open its first store in Okurayama in Yokohama, Japan. MINISTOPs arrange breaks the 100 store mark with 80 diversified Stores and 20 stores legitimately oversaw by year May 1985. The first MINISTOP abroad store opens in Seoul, South Korea by November 1990. Furthermore, in the year 1998 1,000 MINISTOP stores in to the max activity, 922 diversified stores and 78 stores legitimately oversaw. By August 2000 Robinsons Retail Group, Mitsubishi Corporation and MINISTOP Co. , Ltd. seal Shareholders Agreement to set up MINISTOP, Philppines. The first MINISTOP store in the Philippines opens at the MRT Central Station, a bustling business center point. MINISTOP has consistently imagined turning into the pioneer in the comfort store industry. MINISTOP has made its quality felt by being the communitys hottest and most amiable present day combo store. It invests wholeheartedly in its wide scope of value items, at moderate costs and worth included help. The duty to a client centered administration has given MINISTOP a serious edge in Japan as well as in the Philippines. MINISTOP has been constantly growing to support the Filipino shopper needs inside and outside the Metro Manila territory. II. Organization Vision/Mission Vision MINISTOP is the pioneer in the accommodation store industry, favored by clients as far as collection, cost and nature of items and worth included assistance. Crucial adds to the improvement of networks by furnishing clients with wide combination of mainstream advantageously bundled product and inexpensive food results of high caliber at reasonable costs through astounding assistance in a spotless, sheltered and neighborly condition. It gives business openings by offering appealing diversifying bundle to nearby business people. III. Items and Services MINISTOP is the accommodation store that radiates vitality and dynamic quality with its cutting edge, inventive, warm and enjoyably clean feeling The one of a kind combo configuration of MINISTOP makes it the main comfort store that serves in-store arranged food items an unmistakable in addition to in comfort shopping. Clients presently appreciate the accommodation of having the option to enjoy newly arranged cheap food in the stores eat in corner that highlights perfect and open to sitting office. IV. Business Opportunities Since MINISTOP is a comfort storeâ franchiseâ chain, it ceaselessly extends. Up to 1,000 Mini-Stop stores were in to the max activity, 922 were diversified and 78 stores were straightforwardly overseen. MINISTOP diversifying business goals * To create and set up frameworks and RCSI foundations to help the quick development of stores and needs of franchisees * To constantly create frameworks and strategies to make store activities straightforward and increasingly proficient. ’ Merits of MINISTOP Franchise System * Small capitalizationâ required Independent enterprising administration * Business experience redundant * Full Franchisers support through preparing programs,â advanced business systems,â distribution centerâ andâ store activity direction * MINISTOP assists by contributing key hardware and working expense. V. Assessment MINISTOP (Bucal Branch) MINISTOP Pansol is one of the hundred parts of MINISTOP everywhere throughout the nation built up in year 2009. It is situated at 55 km. National Road Brgy. Bucal Calamba Laguna and is claimed by Mr. Nilcar B. Donato. Performing SWOT The most compelling method of doing this is to play out a SWOT examination of the organization. Perceiving the Strengths and Weaknesses before handling the Opportunities and Threats is the most ideal approach to move toward the examination: the more Strengths and Opportunities the better the two of them can be viewed as the greater impacts for the accomplishment of your organization. This may well rely upon your company’s unique destinations and objectives however the entire procedure will surely give a general glance at the current situation of your business. Qualities * MINISTOP is an accommodation slow down and cheap food in one. Delicate serve dessert is outstanding amongst other selling results of this branch albeit other contender has it yet at the same time customers’ fulfillment demonstrates that our own is the best. * The commercial center is correct or fit since they are encircled by numerous schools and resorts. * They have a decent administration framework. * They have an open correspondence. * Currently in a decent money related position. * They have talented laborers. * They meet the fulfillment of their workers. Shortcoming * Less clients during weekday mornings. * Competitors offer nearly indistinguishable items from them. * Presence of good rivals in the region. Openings * Good money related position making a decent notoriety for future bank advances and borrowings * If their business persistently flourishes, they will arrive at their objective to be the main accommodation store in the Philippines. * Because of their great administration framework, there is a major open door for extension of the business. * More clients might be engaged. More clients more cash. Dangers * Large and expanding rivalry * Rising expense of Wages * Local authority rejecting plans for future structure extension * Existing item turning out to be unfashionable or disliked The cost can be no longer managed by their client because of economy emergency. VI. End Finally, with the outcomes from the SWOT examination we made, we assessed that the business is worth. In view of our meeting and our perception, it shows that the presentation of MINISTOP is awesome. They are efficient that is the reason no big surprise they have a ton of clients and business runs well. Workers a re making the most of their activity with equivalent remuneration and advantages given by their organization. Furthermore, as the business persistent to runs well there is no uncertainty for them to meet their objective to be the main accommodation store in the zone.

Cause of Industrialization essays

Reason for Industrialization papers What has all the earmarks of being the fundamental conditions for Industrialization? Give models in Britain, Germany, US, Russia, and Japan. England: Population development, Migrants rushed from field homes to the city ghettos to bring in cash, a solid white collar class and troublesome political, conservative, and social situation, and the diminishing of death rate in newborn children. Germany: Coal and iron creation on the ascent in the 1840's, broad rail works, the unification of Germany, and Bismarck and his supported advancement of substantial industry and its consequences for the military. USA: Many European foreigners, a solid white collar class, the diminishing of death rate in babies, British presentation of cotton material manufacturing plants, the development of steel and iron mining, and the large scale manufacturing of railroads. Russia: Social change dependent on the Communist statement, Czarist government supported railroad improvement, transformed business laws helped creating organizations, and the creation of oil combat hardware, and iron. Japan: The employing of outside specialists to help create current industry, government established ventures, government the offered those business to non-legislative vendors, and the expansion of innovation. ... <!

Effects of poverty on the family life essays

Impacts of neediness on the family life expositions Our lives comprise of arrangement of occasions. They impact our acting and our life as well as the life of our relatives and their accomplishments. Our conduct is decayed to the conditions that show up in our lives. There are consistently a few potential ways how to manage the circumstance. Additionally our family reacts to our choice. All the viewpoints influence them as well. Be that as it may, there is again a period for them to pick how to confront it. What's more, again their acting has a similar power on the others. Life can truly be an insidious circle. Tillie Olsen is drafting comparative issue in her short story. In I Stand Here Ironing very little occurs: the storyteller presses a few dresses and trades a couple of words with her girl. Yet, the genuine activity is interior. Other than numerous different subjects the creator likewise outlines how the destitution impacts and changes the individual lives inside one family. To begin with the leader of the family we need to allude to the natural dad. He isn't referenced in the story more than one time. In any case, out of this one sentence we can adapt sufficiently very. In those occasions, man was the one gaining the cash. He was the one taking care of the family. He was the one dress it. Other than the reality he generally wasn't at home frequently, he had significant spot in it. He brought the cash for enduring. The dad of the family in this short story could not suffer anymore (he wrote in his farewell note) imparting need to us. That recommends that he adores his family yet he isn't sufficiently able to hold up under the weight of neediness. He needs to pick between to things. Initial one is to remain with the family and investigate the needing eyes with the regret or he can pick the subsequent one, which intends to leave his caring spouse and little girl. Under the weight of brevity of cash and his family's need he chooses to go the subsequent way. Additionally the reality he left a farewell note implies that it was difficult for him to leave them. He is simply not solid ... <!

Eymp 1 Context and Principles for Early Years Provision free essay sample

A clarification of how various ways to deal with work with kids in early years have influenced current arrangement in the UK Over the years numerous individuals have caused investigations of what they to accept were the significant factors in accommodating children’s needs. These pioneers accepted that there ought to be a coordinated way to deal with the early years arrangement. One of these pioneers that had the best impact was Freidrich Froebel. Froebel established the main kindergarten in 1840 and figured out how significant it was for youngsters to have genuine encounters and to be truly dynamic, adapting outside just as inside. He accepted that schools ought to be networks where guardians could join their kids, and that guardians were the main instructors of youngsters. Different pioneers were Maria Montessori who contrived an organized training program dependent on watching youngsters with learning troubles and expanding on crafted by Froebel. She have an alternate view to him in certain zones, for instance accepting that youngsters ought to figure out how to function alone to assist them with turning out to be autonomous students and didn't see the advantage of play. We will compose a custom article test on Eymp 1 Context and Principles for Early Years Provision or then again any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Rudolf Steiner accepted that the initial seven years of a childs life were the most significant and that they required a painstakingly arranged condition to create in an adjusted manner. Margaret McMillan utilized a large number of Froebel’s thoughts and imagined that play was significant. She accepted that nurseries were an augmentation of the home and not a substitution for it. During the 1920s she set up nursery schools that were duplicated over the world, having gardens and inviting families and not simply youngsters. One of her most significant accomplishments was presenting school clinical administrations and school suppers. She did this since she accepted that kids couldn't learn of they were eager or wiped out. The entirety of crafted by these and different pioneers affected the way that the present arrangements in the UK have created. Why the early years system accentuates an individual and ndividual way to deal with learning and improvement The early years structure underlines an individual and individual way to deal with learning and advancement on the grounds that esteeming a child’s distinction, thoughts and sentiments is a significant piece of building up an individual way to deal with the learning and improvement. A kid has all inclusive physical needs, for example, food, drink and cover and mental needs, for example, love, warmth, secur ity, fellowship which are basic to keeping up their personal satisfaction. In perceiving and attempting to meet an individual child’s needs each child’s age, physical development, scholarly capacities, passionate turn of events, social abilities and past encounters and connections should be thought of. Section 2 A clarification of the association model of working with carers This empowers various administrations and experts to consolidate to forestall issues occurring. It is utilized to help youngsters, youngsters and families to help secure improved results. A survey of the potential boundaries to cooperation of cares and a clarification of how these obstructions might be defeated There can be hindrances to viable organization working these remember issues for sharing data, individuals not being sure about their jobs and worried that they may commit an error. A clarification of systems that can be utilized to help carers who may respond decidedly or contrarily to association openings Some individuals may feel undermined that new methodologies are being utilized which imply that they need to work in various manners to which they have been utilized to. Some may dislike being overseen by somebody that has various aptitudes and experience from their own. To conquer these issues group gatherings can be utilized for everybody to assist them with cooperating. It will likewise permit everybody to completely comprehend the jobs and obligations of different administrations and experts. A clarification of how compelling multi-office functioning works inside early years arrangement and advantages kids and carers The Common Assessment Framework is utilized to by professionals to survey the extra needs of and their family and to help recognize the administrations that will be required to address their issues. The Common Assessment Framework begins with evaluation and data sharing of the childs advancement inside the EYFS, the consideration and backing offered, the general family and condition. Utilizing this data the lead proficient will work with the group and the guardians to set up an arrangement to help the child’s improvement. The Common Assessment Framework has a standard structure that is utilized to record and offer with others the subtleties of the evaluation. The things that are significant are clear and successful correspondence between the experts and the offices, keeping precise records and looking after classification.

Security Council

Security Council The United Nations Security Council (UNSC) is the organ of the United Nations accused of keeping up harmony and security among countries. While different organs of the United Nations just make suggestions to part governments, the Security Council has the ability to settle on choices which part governments must do under the United Nations Charter. The choices of the Council are known as United Nations Security Council Resolutions. The Security Council is comprised of 15 part states, comprising of five perpetual seats and ten transitory seats.The changeless five are China, France, Russia, the United Kingdom and the United States. These individuals hold veto control over meaningful however not procedural goals permitting a changeless part to square appropriation yet not discussion of a goals unsatisfactory to it. The ten impermanent seats are held for two-year terms with part states casted a ballot in by the UN General Assembly on a territorial premise. The Presidency o f the Security Council is pivoted in order every month. Individuals. Security Council individuals should consistently be available at UN central station in New York with the goal that the Security Council can meet at any time.This prerequisite of the United Nations Charter was received to address a shortcoming of the League of Nations since that association was regularly incapable to react rapidly to emergencies. The job of leader of the Security Council includes setting the motivation, directing at its gatherings and regulating any emergency. It pivots in sequential request of the individuals' names in English. There are two classes of enrollment in the UN Security Council: Permanent Members and Elected Members. Lasting membersThe Council situated five perpetual individuals who were initially drawn from the triumphant powers after World War II: 1. The Republic of China 2. The French Republic 3. The Union of Soviet Socialist Republics 4. The United Kingdom of Great Britain and North ern Irelandâ 5. The United States of America The five lasting individuals from the Security Council are the main countries perceived as having atomic weapons under the Nuclear Non-Proliferation Treaty, in spite of the fact that it needs all inclusive legitimacy, as some atomic countries have not marked the treaty.This atomic status isn't the consequence of their Security Council enrollment, however it is some of the time utilized as a cutting edge defense for their proceeded with nearness on the body. India, Pakistan, North Korea, and Israel have atomic weapons outside of the counter expansion structure built up by the Treaty. In 2004, four of the five lasting individuals were likewise the world's best four weapons exporters when estimated by arms esteem; China was seventh. Every lasting part state has veto powers, which can be utilized to void any considerable goals. A solitary veto from a lasting part exceeds any majority.This isn't in fact a veto, rather only a â€Å"nay† vote; anyway a â€Å"nay† vote from a perpetual part hinders the section of the goals being referred to. Chosen individuals Ten different individuals are chosen by the General Assembly for two-year terms beginning on 1 January, with five supplanted every year. The individuals are picked by local gatherings and affirmed by the United Nations General Assembly. The African alliance picks three individuals; the Latin America and the Caribbean, Asian, and Western European and Others coalitions pick two individuals each; and the Eastern European alliance picks one member.Also, one of these individuals is an Arab nation, then again from the Asian or African alliance. The current (2007) chosen individuals, with the districts they were chosen to speak to and their Permanent Representatives are: 1. Belgium (Western Europe): Amb. Johan C. Verbeke 2. Republic of the Congo (Africa): Amb. Basile Ikouebe 3. Ghana (Africa): Amb. Nana Effah-Apenteng 4. Indonesia (Asia): Amb. Rezlan Ishar Je nie 5. Italy (Western Europe); Amb. Marcello Spatafora 6. Panama (Latin America and Caribbean): Amb. Ricardo Alberto Ariasâ 7. Peru (Latin America and Caribbean) †Amb.Oswaldo de Riveroâ 8. Qatar (Asia, Arab): Amb. Nassir Abdulaziz Al-Nasser 9. Slovakia (Eastern Europe): Amb. Diminish Burian 10. South (Africa): Amb. Dumisani Kumalo Veto power Under article 27 of the UN Charter choices in the 15-part Security Council on all meaningful mattersâ€for model, a choice calling for direct estimates identified with the settlement of a dispute†require the certifiable votes of nine individuals. A negative voteâ€a vetoâ€by a changeless part forestalls reception of a proposition, regardless of whether it has gotten the necessary number of confirmed votes.Abstention isn't viewed as a veto in spite of the wording of the Charter. Since the Security Council's commencement, China (ROC/PRC) has utilized five vetoes; France, 18; Russia/USSR, 122; the United Kingdom, 32; and the Un ited States, 81. Most of Russian/Soviet vetoes were in the initial ten years of the Council's presence. Since 1984, the numbers have been: China, two; France, three; Russia/USSR, four; the United Kingdom, 10; and the United States, 43. Procedural issues are not dependent upon a Security Council veto.This arrangement is significant in light of the fact that it keeps the veto from being utilized to dodge conversation of an issue. Status of non-individuals An express that is an individual from the UN, however not of the Security Council, may take an interest in Security Council conversations in issues that the Council concurs that the nation's advantages are especially influenced. As of late, the Council has deciphered this freely, empowering numerous nations to participate in its conversations or not relying upon how they decipher the legitimacy of the nation's interest.Non-individuals are routinely welcome to partake when they are gatherings to debates being considered by the Council . Job of the Security Council Under Chapter Six of the Charter, â€Å"Pacific Settlement of Disputes†, the Security Council â€Å"may examine any contest, or any circumstance which may prompt universal grinding or offer ascent to a dispute†. The Council may â€Å"recommend fitting strategies or techniques for adjustment† on the off chance that it verifies that the circumstance may imperil global harmony and security. These suggestions are not official on UN members.Under Chapter Seven, the Council has more extensive capacity to choose what measures are to be taken in circumstances including â€Å"threats to the harmony, penetrates of the harmony, or demonstrations of aggression†. In such circumstances, the Council isn't restricted to proposals however may make a move, including the utilization of furnished power â€Å"to keep up or reestablish universal harmony and security†. This was the reason for UN equipped activity in Korea in 1950 during the Korean War and the utilization of alliance powers in Iraq and Kuwait in 1991. Choices taken under Chapter Seven, for example, monetary approvals, are authoritative on UN members.The UN's job in universal aggregate security is characterized by the UN Charter, which enables the Security Council to: * Investigate any circumstance compromising worldwide harmony; * Recommend techniques for serene goals of a contest; * Call upon other part countries to totally or somewhat hinder financial relations just as ocean, air, postal, and radio correspondences, or to cut off discretionary relations; and * Enforce its choices militarily, if important. The United Nations has kept numerous episodes of worldwide brutality from developing into more extensive conflicts.It has opened the best approach to arranged settlements through its administration as a focal point of discussion and exchange, just as through UN-supported certainty discovering missions, middle people, and détente eyewitnesses. UN Peac ekeeping powers, involved soldiers and gear provided by part countries, have as a rule had the option to restrict or forestall struggle, albeit some of the time not. A few clashes, notwithstanding, have demonstrated to be past the limit of the UN to impact. Key to the accomplishment of UN peacekeeping endeavors is the eagerness of the gatherings to a contention to settle calmly through a suitable political procedure.

Managing Financial Resources And Decisions For Different Types Of Businesses - Free Essay Example

Managing Financial Resources and Decisions Table of Contents Introduction..3 Discuss the main financial statements (AC4.1)..3 Compare appropriate formats of financial statements for different businesses (AC4.2)..6 Interpret financial statements using ratios (AC4.3)..8 Conclusion.. ..12 Bibliography. 13 Appendix.14 Introduction Financial Statements shows an official record of the monetary activities of a business (Butler, 1993). These are written reports that compute the monetary strength, performance and liquidity of a business. It reflects the financial impacts of a business transactions and events on the business. Financial statements are prepared using the concept of Double entry bookkeeping. The equation is: Assets= Liabilities + Equity For the accounts to remain in balance, a change in one account must be matched with a change in another account. These changes are made by debits and credits in the accounts. Discuss the main financial statements (AC4.1) The following are the main financial statement: Balance sheet Balance Sheet displays the fiscal position of a company at a given date (Khan Jain, 2007). Balance sheet has three main elements: Assets: Something a business claims or controls (e.g. Cash, stock, land and building, and so forth) Liabilities: Something a business owes to somebody (e.g. lenders, bank credits, and so on). Equity: It is what a company owes to its ho lders. It is the difference between assets and liabilities. It shows what a company has left after paying off its liabilities. Profit and loss Statement It represents a companys profit or loss over a period of time. It has the accompanying two components: Income: What the business has earned over a period (e.g. deals income, profit wage, and so on) (Khan Jain, 2007). Expense: The expense caused by the business over a period (e.g. pay rates and wages, devaluation, rental charges, and so forth) Net profit is calculated by deducting costs from sales/revenue. Cash Flow Statement It displays the movement of cash over a certain period of time. This movement is grouped into the accompanying fragments: Operating Activities: Represents the money stream from normal activities of a business. Investing Activities: Represents money stream from buying or sales of assets other than inventories (e.g. buying a manufacturing plant). Financing Activities: Represents mon ey stream generated or used on raising and reimbursing share capital and debt together with the payments of interests and dividends. Statement of Changes in Equity It details movements in the holders equity over a fiscal year (Troy, 2009). It is deduced from the accompanying segments: à ¢Ã¢â€š ¬Ã‚ ¢Net Profit or loss throughout the period as reported in the profit and loss statement. à ¢Ã¢â€š ¬Ã‚ ¢Share capital issued or reimbursed throughout the period à ¢Ã¢â€š ¬Ã‚ ¢Dividend payments. à ¢Ã¢â€š ¬Ã‚ ¢Gains or losses perceived straightforwardly in equity (e.g. revaluation surpluses) à ¢Ã¢â€š ¬Ã‚ ¢Effects of rectification of accounting errors. Link between Financial Statements The following diagram summarizes the link between financial statements. Compare appropriate formats of financial statements for different businesses (AC4.2) The four fundamental formats for trading as a profit making organisation in UK are sole traders, partnership, priva te limited company and public limited company. Sole Trader A sole trader is a sole owner of the business. The sole trader is not a separate entity from the business which means if the business gets bankrupt; the sole trader will need to pay off any debts. There is no formal requirement to register the sole traderà ¢Ã¢â€š ¬Ã¢â€ž ¢s business but he/she needs to register with the Inland Revenue and Customs and excise for tax purposes. A sole trader can prepare their own accounts. He/she can do so under the self assessment scheme. Partnership It is somewhat similar to sole trader except that there are more than one person involved in a partnership. Usually a partnership can be made from 2 to 20 individuals. Each partner is responsible for the actions of others. The liability is unlimited which means if the business go bankrupt, they will need to pay off the debts from their pockets. Each partner is taxed individually via self assessment route. A partnership may or may not audit its accounts from a professional firm or an accountant. Private Limited company These are normally family run business. Privately owned businesses may issue stock and have shareholders. Notwithstanding, their shares dont exchange on open market. Shareholders will most likely be unable to offer their shares without the understanding of other shareholders. Advantages à ¢Ã¢â€š ¬Ã‚ ¢limited Liability: It implies that if the organization experience budgetary misery in view of typical business movement, the particular holdings of shareholders wont be at danger of being seized by creditors (Butler, 1993). à ¢Ã¢â€š ¬Ã‚ ¢Continuity of presence: business not influenced by the status of the owner. à ¢Ã¢â€š ¬Ã‚ ¢Minimum number of shareholders need to begin the business are only2. à ¢Ã¢â€š ¬Ã‚ ¢More capital could be raised as the maximum number of shareholders permitted is 50. à ¢Ã¢â€š ¬Ã‚ ¢Scope of development is higher in light of the fact that ità ¢Ã¢â €š ¬Ã¢â€ž ¢s simple to raise capital from financial organizations and advantage of limited liability. Disadvantages à ¢Ã¢â€š ¬Ã‚ ¢Growth may be constrained in light of the fact that maximum shareholders permitted are just 50. à ¢Ã¢â€š ¬Ã‚ ¢The shares in a private limited organization cant be sold or exchanged to any other person without the agreement of other shareholders. The accounts of private limited companies must be prepared by an external accountant in certain circumstances, for example large companies. The accounts need to be submitted to Companies House every year. The accounts for limited companies are normally simpler and often prepared by anyone in the company. Public Limited company Most facts between private and public companies are same. Public companies are usually bigger in size. There must be an authorised share issue of at least  £50,000 of which  £12,500 must be fully paid. Shares can be traded on stock exchange. An external q ualified accountant needs to prepare the accounts and must be submitted to Companies House every year. There are requirements regarding the format of the accounts. The balance sheet must be prepared either using vertical or horizontal formats. The Profit and loss account could have four formats; two vertical and two horizontal. There is also requirement for showing the figures from previous fiscal years in the accounts. Once a business adopts any specific format, it needs to be adopted for the future to ensure consistency in accounts. Interpret financial statements using ratios (AC4.3) XYZ Ltd is hypothetical company with rivals ABC Ltd and DEF Ltd. The ratios cover a three year period (Jan 2010-Dec 2012) in order to show how XYZ Ltd is standing in terms of its competitors in the industry. XYZ Ltd is one of the largest energy companies in the world providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemical products for everyday items. The financial ratios are categorised into following main areas: Profitability Ratio. Return on Investment Ratio. Liquidity Ratio. Long Term Financial Stability Ratio Efficiency Ratio 1) Profitability Ratio Armstrong (1999) Profitability ratio is a key financial indicator in order to analysis companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s financial position. It helps to identify whether the company is generating acceptable profit or not. Gross Profit Margin It shows how well a company is controlling its production costs. It is calculated as a ratio of gross profit to revenue a company is able to generate over its period of operation. It is a very good measure in order to analysis a company performance within the same industry. XYZà ¢Ã¢â€š ¬Ã¢â€ž ¢s Gross profit margin is fairly stable over the last two years. Its 31.1% in 2012 compared to ABC Ltd which is 16.6%, although DEF Ltd has the highest gross profit margin among the lot which is 35.8%. XYZ has achieved this through tight control over its production department. The decrease in GPM compared to 2010 is due to the weakening of US natural gas prices. (Appendix 4). Net Profit Margin Armstrong (1999) it is calcu lated by dividing the net profit over the Sales generated in the year. XYZà ¢Ã¢â€š ¬Ã¢â€ž ¢s Net profit margin was 13.3 % in 2010 while in 2012 its 11.1%. The decrease is due to the incident in a particular refinery in 2010 and because of that the company is making an expenditure of around $340 million as a restructuring cost. ABCà ¢Ã¢â€š ¬Ã¢â€ž ¢s net profit margin has also gone down from 14.8 % in 2010 to 14.2 % in 2012 while the ratio increased in case of DEF to an impressive figure of 22% in 2012. (Appendix4) 2) Return on Investment Ratio This ratio tells us whether a company is generating enough return on the investment. (Armstrong, 1999) Return on Equity ROE is an important ratio and it is used to identify the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s ability to generate a profit over the investment of its shareholders. It is calculated as a ratio of companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s after tax profits to shareholder funds which also includes reserves. (Armstrong, 1999) XYZà ¢Ã¢â€š ¬Ã¢â€ž ¢s ROE in 2012 was 22.5 % which means that the company is able to generate 22c over a $ investment by the shareholders. But it has declined by 17.3% and 6.1 % compared to 2011 and 2010 respectively. It is due to the fact that the company has sold some of its fixed assets over which it suffered a loss also some of the impairment losses which significantly reduced its PAT figure. ABCà ¢Ã¢â€š ¬Ã¢â€ž ¢s ROE figure has decreased from 27.1% to 24.4% from 2010 to 2011. DEFà ¢Ã¢â€š ¬Ã¢â€ž ¢s has fairly maintained its ROE and its moving around 31 %. (Appendix 5) 3) Liquidity Ratio These ratios measure a companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s capabilities to meet its short term obligations as and when they fall due. These ratios also assess how well a company is managing its working capital requirements. (Troy, 2009) Current ratio Troy (2009) a current ratio of 2 considered very well as it means that the company has doubled its liquid assets compared to its current liabilit ies to pay off. Ratio below 1 is considered quite risky as it poses a threat to the survival of the company and also the going concern status. As a rule of thumb a ratio of 1.5 considered as normal. The current ratio in case of XYZ was 1.03 in 2012 compared to 0.99 in 2011. It is due to the fact that the company has increased its cash and cash equivalent by an impressive 37.5% compared to 2011. In case of ABC its 1.2 in 2012 compared to 1.19 in 2011 which is higher than ABC. DEF has A ratio of 1.35 in 2012 (Appendix 6). Quick Ratio Troy (2009) Quick ratio is just an adjustment in current ratio in order to assess the business ability to meet its obligation with the readily available liquid assets. Stock is deducted from current assets because ità ¢Ã¢â€š ¬Ã¢â€ž ¢s not considered to be readily convertible into cash. In case of XYZ, the quick ratio was 0.69 in 2012, compared to 0.74 and 0.78 in 2011 and 2010 respectively which means that the company is sitting on the ind ustry norm and if some of the creditors demand their money quickly, it poses a problem the company although some of the current liability like tax could be paid nine months after the end of the financial year. As far as ABC is concerned, there was also a gradual decrease from 0.91 in 2010 to 0.88 in 2012. In case of DEF, the quick ratio was highest which 0.96 is in 2012. (Appendix 6) 4) Long Term Financial Stability Ratio This ratio considers companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s long term financial health in order to identify its ability to pay off its debts in relation to provider and holder and also if there are any loan covenants which could be enforced which in turn poses a threat to the survival of the business (Troy, 2009). Interest Cover It estimates the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s ability to pay off interest over its borrowings. As a general rule, a cover over 3 considered as safe but it varies industry to industry. (Troy, 2009) XYZà ¢Ã¢â€š ¬Ã¢â€ž ¢s Interest cover i n 2012 was 29.1 compared to 48.9 and 53 in 2011 and 2010 respectively. Although there was a decrease, it is fairly safe in order for a company to meet its obligations in the long run. (Appendix 7) 5) Efficiency Ratio It shows how well a company is utilizing its resources in order to generate good return. (Armstrong, 1999) Inventory Turnover This ratio indicates how quickly a company is able to sell its inventory. The more is the ratio, the more is the demand of the product. (Troy, 2009) XYZà ¢Ã¢â€š ¬Ã¢â€ž ¢s inventory turnover was 13.2 in 2012 compared to 10.1 and 12.1 in 2011 and 2012 respectively. It means that the products of XYZ are in high demand. ABC and DEF showed a reduced figure of 9.4 and 6.3 in 2007. (Appendix 8) Receivable Days It shows how quickly a company is able to convert its debtors into cash. This ratio is usually in days. (Troy, 2009) XYZ has shown impressive figures of 41, 43 and 50 days in 2012, 2011 and 2010 respectively. The decrease is due to the fact that the company has tight policies over its credit and there is a strong internal control system is in placed to ensure that debtors pay on time. In case of ABC, there was an increase in debtor days of 76 in 2012 compared to 68 in 2011. (Appendix 8) Conclusion XYZ Ltd has been able to show constantly great performance as far as financial and non-financial part of operation. However, the organization has been confronting with a few issues that are demonstrated by the financial ratios. This might be illuminated by enhancing the development programs, by investing into other markets, and even, having a partnership or alliance with other organizations in distinctive parts of the globe. This could be carried out by further focusing on sources of funds and by attracting more investors. With this, the organization can achieve diverse projects and strategies that will aid in order to prevent or at least, decrease the effect of financial issues towards the orga nization. It will be helpful if XYZ Ltd will proceed and even enhance its effort especially with respect to forecasting. This will encourage guaranteeing that the strategies and decisions to be implemented by the organization will be successful in helping the organization to survive the worldwide financial crisis and enhance its position in the global market. Bibliography Private limited company (2014). Available: https://www.dineshbakshi.com/igcse-business-studies/business-organisation/revision-notes/879-private-limited-companies. [Last accessed 24 May 2014] Financial statements (2014). Available: https://accounting-simplified.com/financial/statements/types.html. [Last accessed 24 May 2014] NetMBA. Financial Ratios (2013). Available: https://www.netmba.com/finance/financial/ratios/ [Accessed 24 May 2014]. Bates, B, Goodman, S Ladson, W, de Varies, C Botha, S (2005), Business Management: Fresh Perspective, Pearson South Africa Butler, R (1993). Strategic Invest ment Decisions: Theory, Practice and Processes, Taylor Francis. Khan Jain 2007, Financial Management, Tata McGraw-Hill. Gorma, T (2003), The Complete Idiotà ¢Ã¢â€š ¬Ã¢â€ž ¢s Guide to MBA Basics, Alpha Books. Armstrong, M (1999), Financial Principles and Techniques. Price, A D F (1995), International Project Accounting, International Labor Organization. Troy, L (2009), Almanac of Business and Industrial Financial Ratios, CCH. Appendix Appendix 1 The companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s budgeted balance sheet is drawn as follows. XYZ Balance sheet 2012 2011 2010 $million $million $million Noncurrent assets Property Plant equipments 155,365 142,453 131,876 Current assets Trade receivables 33,012 32,460 33,565 Inventory 26,554 18,915 19,760 Cash and bank balance 19856 24,876 25,876 Total Current assets 80,202 75,339 75,290 Total assets 236,076 217,601 206,914 Share capital 158,845 142,249 115,987 Current liabilities Trade creditors 43,152 42,236 42,136 Total payables 77,231 75,352 71,497 Total equity and liability 236,076 217,601 206,914 Appendix 2 Income Statement 2012 2011 2010 $million $million $million Revenue 291,438 274,316 245,486 Cost of Sales 200,766 187,183 163,026 Gross Profit 90,672 87,133 82,460 Operating Expenses Production and Manufacturing 25,915 23,793 28,226 Distribution and Administration 15,371 14,417 10,776 Others 17,034 13,735 10,776 Operating Expenses 58,320 51,945 49,778 Net Profit (GP-OS) 32,352 35,188 32,682 Appendix 3 Operating Profit Per Annum ( Amount in $ Millions) 2012 2011 2010 Operating Profit in the Year 32,352 35,158 32,682 % Change Year by Year growth (7.9) 7.5 Appendix 4 Profitability Ratios ( Amount in $ Millions) Ratio 2012 2011 2010 Gross Profit Margin (GPM) 31.1% 31.7% 34.3% Gross Profit (Sales à ¢Ã¢â€š ¬Ã¢â‚¬Å" Cost of Sales) 90,672 87,133 82,460 Sales Revenue 291,438 274,316 245,486 Net Profit Margin ( NPM) 11.1% 12.8% 13.3% Profit Before Interest and Tax (PBIT) 32,352 35,158 32,682 Sales Revenue 291,438 274,316 245,486 Appendix 5 Return On Investment Ratios ( Amount in $ Millions) Return On Equity (ROE) 22.5% 26.4% 28.0% Profit After Tax (PAT) 21,169 22,311 22,448 Ordinary Share Capital and Reserves 93,690 84,624 Return on Capital Employed (ROCE) 20.3% 24.7% 24.1% Profit Before Interest and Tax (PBIT) 32,352 35,158 32,682 Capital Employed 158,845 142,249 Appendix 6 Liquidity Ratios ( Amount in $ Millions) Ratio 2012 2011 2010 Current Ratio 1.03 0.99 1.05 Current Assets 80,202 75,339 75,290 Current Liabilities 77,231 75,352 71,497 Quick Ratio 0.69 0.74 0.78 Current assets-Stock 53,648 56,424 55,530 Current liabilities 77,231 75,352 71,497 Appendix 7 Long Term Financial Stability Ratios (Amount in $ Millions) Ratio 2012 2011 2010 Interest Cover (Times) 29.1 48.9 53.0 Profit Before Interest and Tax (PAT) 32,352 35,158 32,682 Finance Cost 1,110 718 616 Appendix 8 Efficiency Ratios ( Amount in $ millions) Ratio 2012 2011 2010 Inventory Turnover 13.2 10.1 12.1 Cost of Goods Sold (COGS) 200,766 187,183 163,026 Inventory 26,554 18,915 19,760 Asset Turnover 1.23 1.26 1.18 Revenue 291,438 274,316 245,486 Total Asset 236,076 217,601 206,914 Receivable Turnover (Days) 41 43 50 Trade Receivables 33,012 32,460 33,565 Sales 291,438 274,316 245,486 Creditors payment period (Days) 78.1 82.3 94.3 Trade creditors 43,152 42,236 42,136 Average Purchases 200,766 187,183 163,026 Appendix 9 Investorsà ¢Ã¢â€š ¬Ã¢â€ž ¢ Ratios ( Amount in $ Millions) Ratio 2012 2011 2010 Earnings Per Share (EPS) Basic 108.7c 109.8c 105.7c EPS Diluted 107.84 109.12 103.66 Appendix 10 COMPETITOR DATA 2012 2011 2010 Gross Profit Margin (GPM) ABC Ltd 16.6% 17.5% 17.6% DEF Ltd 35.8% 37.1% 39.9% Net Profit Margin (NPM) ABC Ltd 14.2% 14.3% 14.8% DEF Ltd 22% 18.1% 20.6% Return On Equity (ROE) ABC Ltd 24.4% 23% 27.1% DEF Ltd 31.0% 32.0% 31.1% Return On Capital Employed (ROCE) ABC Ltd 24.2% 29% 34% DEF Ltd 38.1% 39.3% 33.2% Current Ratio (Times) ABC Ltd 1.2 1.19 1.15 DEF Ltd 1.35 1.27 1.30 Quick ratio (Times) ABC Ltd 0.88 0.89 0.91 DEF Ltd 0.96 0.92 0.92 Interest Cover ABC Ltd 36.7 32.8 34.9 DEF Ltd 16.6 16.4 19.9 Inventory Turnover ABC Ltd 9.41 11.32 12.77 DEF Ltd 6.33 7.09 5.53 Asset Turnover ABC Ltd 1.32 1.35 1.39 DEF Ltd 1.2 1.26 1.10 Receivable turnover (Days) ABC Ltd 76 68 78 DEF Ltd 51 47 61 Creditors payment period(Days) ABC Ltd 93 87 81 DEF Ltd 53 54 57 Page 1 of 20

Keeping History Alive The Merits of Freedom in the Family - Literature Essay Samples

For thousands of years, history has been kept alive through the written word; me and women of virtue, in particular, have recorded social struggles so that future generations can know about the events that transpired over the course of their lifetimes. Through Freedom in the Family, Patricia Stephens Due and Tananarive Due set about to make sure that the injustices that they and countless other African Americans experienced during the Civil Rights Movement would never be forgotten. In their memoir, the mother and daughter duo enumerated all the obstacles they had to overcome in their fight for freedom for themselves and for their family. Their story is one of a search for purpose, identity, and a desire to be free amongst a sea of discrimination and injustice, but above all, it is a piece of history that has been uncovered in the hopes that it will never be repeated. Patricia and Tananarive both state their purposes for writing this memoir in the first few chapters in a way that is effective at setting the tone for the memoir and emphasizing the importance of what the writers are undertaking. Patricia tells a short anecdote of a time when she was sitting on a textbook committee and realized none of the textbooks mentioned Tallahassee with regards to the Civil Rights Movement. She writes, â€Å"Without written documentation, I was told, the forty-nine days my sister and I spent in jail, the tear gas that burned my eyes, and the people I knew could not be included† (2). It is at this moment that Patricia realizes she and her fellow freedom fighters are not yet a part of history, and so she writes this memoir with the intention of turning their story into history. Storytelling is important to the Due family, and this sentiment is echoed by Tananarive in her first chapter as she describes the Holocaust survivor telling her story in Miami Beach . Tananarive laments, â€Å"Soon she [the Holocaust survivor] will be gone, and all of her stories will go with her† (5). Tananarive wants to make her own story more concrete so that it does not disappear with her. She want to make sure that â€Å"the children of strangers†¦ will never, ever forget† the sufferings of an entire race, and this becomes her main purpose for writing Freedom in the Family (6). Something to note is the effectiveness of both women’s tone in their opening chapters. Both Patricia and Tananarive speak with a tone of urgency and an underlying sense of fear of what could happen if they do not complete this task. This tone lends credibility to the actions they will later describe, for it makes it easier to see them as the fierce activists that they are, fearing not for what would happen to them because of their actions but for what would happen to the world if they not take action immediately. There is no doubt that, through Patricia and Tananarive’s doing, Freedom in the Family has become a part of history. However, it is unlike most of the history that students will read in their classes because the way the way that events and people are described makes it feel like history is coming alive for readers. This is one of the most effective tools the writers use, for it makes the events that they are describing stay in the readers’ minds long after they close the book. For example, take Tananarive’s description of Patricia when she goes to meet the officers who are accusing her husband of stealing machine guns in his black van. According to Tananarive, her mother â€Å"stood in [the police’s] overwhelming spotlight that night in a short, sheer slip as through she wore a bulletproof vest†¦. My mother never flinched, and she sure wasn’t about to start† (215). That imagery evoked by those few sentences is electrifying in a way that most depictions of history are not. That brief instance of history is described in a way that makes it seem like it is the climax of a captivating thriller. Most of the memoir is written in a similar fashion; the endings of most chapters contain either elements of foreshadowing or other strong declarative statements about various personages that add to the dramatic feel to this part of history. These descriptions further demonstrate the importance of storytelling to the Due family. They want their history to be more than just dull and boring like the textbooks that Patricia was reading in her opening chapter; they want their history to be stories that later generations can remember and share with others. An additional element of the memoir that makes it so captivating is its modern-day relevance. The way that the struggles that the authors as well as other people they describe in their memoir are depicted, with such vivid detail and expressive language, make them very easy to relate to. An underlying theme of the memoir is that many of the issues that Patricia and Tananarive faced are issues that people today face, no matter what race they are. Take the issue of identity and belonging that Tananarive struggles with during her years at Northwestern University. When Tananarive writes, â€Å"I felt like a white woman in blackface when I set foot in FMO [For Members Only, a black student organization] meetings,† she is expressing feelings of displacement in her college campus (108). These issues of discomfort in her own skin and a lack of connection with her peers are problems that plague many college, and even high school, students today, and it is almost comforting to read that even a woman that has done so many extraordinary things still struggles with the most ordinary human emotions. Additionally, Freedom in the Family tackles the issue of finding out what the purpose of one’s life is. This issue is blatantly expressed when John says, â€Å"[Civil rights] was my life. Patricia’s always talking about that, how it’s my whole life† (151). The issue of what one is supposed to be doing with their life, of how they can make a difference in the world is one that many people, both young and old, struggle with today and that is depicted beautifully in Freedom in the Family. The structure of the memoir is another element of the work that makes it relevant for today’s readers. The fact that the book is laid out so there are two stories being told, each a generation apart and yet completely intertwined with one another, implies the ongoing nature of history. The is no set beginning or end to any period in history. The story of the civil rights movement as told by Patricia and Tananarive spans two generations, and the structure of the memoir implies that there is no reason why it cannot be an issue of the following generation—the generation of college students today. This problem is not yet over. Patricia even alludes to actions of activists in modern times that echoes the actions of the activists she worked with when she was in college when she describes observing a â€Å"sit-in [in 2000] outside of Florida Governor Jeb Bush’s office in Tallahassee. [She] felt as if [she] had stepped back in time† (364). She also writes about ho w that same year, Tallahassee was the site of the largest protest march in the state’s history. Patricia ends her memoir with the words â€Å"History happens one person at a time† (369.) These words demonstrate that there is still history being made in the field of civil rights; however, it is up to this new generation to record their history and keep it alive. Undoubtedly, one of the most important themes of the work is the importance of recording one’s own history, but just as important is recognizing the fact that one’s own history may still be ongoing. Had Freedom in the Family been written when Patricia and Tananarive were older, more specifically when Tananarive’s children were grown up, there most likely be three intertwining stories instead of two, for even the next generation of Dues would have something to say with regards to civil rights. Patricia and Tananarive were strong and determined activists, and they played a major role in the Civil Rights Movement in Florida, but there are intense battles to be fought against discrimination today. The Dues knew this, for there is no sense of finality to their work. The memoir is left open-ended because there is still work to be done. The Dues accomplished their purpose in writing this memoir; they wanted to record their history so they could share it with others and so that it would never be forgotten. Beyond that, it is important that their history be remembered so that it is never repeated. In other words, so that no more young African Americans have to go to jail for fighting for freedom, be tear gassed for expressing their opinion, or be afraid that the entire world is against them. Whether this goal of the memoir was ultimately accomplished remains to be seen. Only can the actions of today’s generation can be the judge of that.

The Good and Bad of Religion - 510 Words

There are numerous implications of religion in human society. Perhaps, the main positive ones are its ability to stimulate a perception of meaning in life, sympathy, mercifulness and love of others. Among the disapproving implications are included opinionated, ferocious behaviors contrary to other people of different religions, and the mishandling of power and supremacy. Future results for religious people can create communities of people who support one another. I would say that one recognized pro of a religion is the idea of certainty in something superior to oneself. In a realm where there is so many who display so much of ego and self-praise, religion allows individuals to conquer their own idea of self towards a better end. This is a good factor in terms of being capable of seeing oneself as part of something greater and not the demise in its own right. Along these stances, the concept of being able to do fair to others in the name of something more can only benefit to make soci ety and the people within it excel. When an atheist declines faith in God, he discards any source of sureness beyond his own level of solving or comprehending. The assuming atheist will always question the basis of the universe, will be confused regarding morality, and will be insecure of his own fate and purpose in life. So how are atheist people better than Christian people? This question is often at the center of religious dispute. Many non-believers have progressively claimed that they relyShow MoreRelatedReligion - Good or Bad?1453 Words   |  6 PagesDecember 2008 Religion Causes More Harm Than Good It’s the twenty first century. Scientists have found evidence of water on Mars, they have successfully cloned human embryos, and everyday, they are getting closer to finding a cure for cancer. 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Womens Suffrage and the Seneca Falls Convention

The Seneca Falls Convention was held in Seneca Falls, New York in 1848. Many individuals cite this convention as  the beginning of the womens movement in America. However, the idea for the convention came about at another protest meeting: the 1840 World Anti-Slavery Convention  held in London. At that convention, the female delegates were not allowed to participate in the debates. Lucretia Mott wrote in her diary that even though the convention was titled a World convention, that was mere poetical license. She had accompanied her husband to London, but had to sit behind a partition with other ladies such as Elizabeth Cady Stanton. They took a dim view of their treatment, or rather mistreatment, and the idea of a womens convention was born. The Declaration of Sentiments In the interim between the 1840 World Anti-Slavery Convention and the 1848 Seneca Falls Convention, Elizabeth Cady Stanton composed the Declaration of Sentiments, a document declaring the rights of women modeled on the Declaration of Independence. It is worth noting that upon showing her Declaration to her husband, Mr. Stanton was less than pleased. He stated that if she read the Declaration at the Seneca Falls Convention, he would leave town. The Declaration of Sentiments contained several resolutions including ones that stated a man should not withhold a womans rights, take her property, or refuse to allow her to vote. The 300 participants spent July 19th and 20th arguing, refining and voting on the Declaration. Most of the resolutions received unanimous support. However, the right to vote had many dissenters including one very prominent figure, Lucretia Mott. Reaction to the Convention The convention was treated with scorn from all corners. The press and religious leaders denounced the happenings at Seneca Falls. However, a positive report was printed at the office of The North Star, Frederick Douglass newspaper. As the article in that newspaper stated, [T]here can be no reason in the world for denying to woman the exercise of the elective franchise....   Many leaders of the Womens Movement were also leaders in the Abolitionist Movement and vice-versa. However, the two movements while occurring at approximately the same time were in fact very different. While the abolitionist movement was fighting a tradition of tyranny against the African-American, the womens movement was fighting a tradition of protection. Many men and women felt that each sex had its own place in the world. Women were to be protected from such things as voting and politics. The difference between the two movements is emphasized by the fact that it took women 50 more years to achieve suffrage than it did African-American men.

The Legacy of Queen Victorias Children Essay - 750 Words

Queen Victoria Prince Albert were born May 24, 1819 and August 26, 1819. Prince Albert was Queen Victoria’s husband. Albert was devoted to helping his wife serve as monarch and over time he became an essential aid to the queen that advised her on political and diplomatic affairs. Their marriage was very happy and they loved each other and being together. They were portrayed as an ideal family. Albert tragically died in 1861, at the age of 42. For many years after his death Victoria lived in isolation, and eventually appeared more in public, but continued to wear black, mourning his death for the rest of her life. Queen Victoria died many years later on January 22, 1901. Victoria Adelaide Mary Louise, Princess Royal was their first†¦show more content†¦Alfred Ernest Albert was born on August 6, 1844. He had a successful career in the Navy, rising eventually to be Admiral of the Fleet. Alfred married Grand Duchess Marie Alexandrovna of Russia and they had six children. When his uncle Ernst died, he became Duke of Saxe-Coburg and Gotha. He lived his last years unhappily missing life at sea and increasing marital difficulties along with the death of his only son. He died July 30, 1900. Helena Augusta Victoria was born on May 25, 1846. She married Prince Christian of Schleswig-Holstein having a relatively happy marriage until Christian’s death is 1917. She had six children, two who died in infancy. Her four surviving children were her two sons Prince Christian Victor of Schleswig-Holstein, Albert, Duke of Schleswig-Holstein, her two daughters Princess Helena Victoria of Schleswig-Holstein, and Princess Marie Louise of Schleswig-Holstein. She died on 9 June 1923. Louise Caroline Alberta was born on March 18, 1848. She married John Campbell, Lord Lorne and later 9th Duke of Argyll. She was the first female sculptor to have a statue erected in a public place. Louise’s marriage to John Campbell was not always a happy alliance and it has been suggested that he had homosexual leanings. Louise was unable to have children and was the only one of Victoria and Albert’s children to not become a parent. She died on December 3, 1939 and was cremated. ArthurShow MoreRelatedThe Last Reigning Monarch Of Hawaii1165 Words   |  5 Pagesannexation of Hawaii into the United States. Her name was Queen Liliuokalani. She came to power in Hawaii during a time when white planters ran the economy in the main islands. She fought many things such as the Bayonet Constitution and was even imprisoned for part of her life. She was educated musically and wrote several songs, including Aloha Oe. She worked to better the Hawaiian Islands in many ways, including working on school for Hawaii’s youth. 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Politics - 1493 Words

Politics (bullet 1) In college, Tesla observed the engine and after studying it, determined a way to take advantage of alternating current. A few years later, he expanded upon his original ideas regarding alternating current and designed plans for an induction motor, which would use alternating current. When he was 27, he went to work for Continental Edison Company where he realized his creation of an induction motor. The following year, Tesla moved to the United States with little more than the clothes on his back and began his new adventure in America. He landed a job with Thomas Edison, but they did not work well together and parted ways within a fairly short period of time. Shortly after leaving Edison, George Westinghouse†¦show more content†¦Richardson planned to have a tower built in Timmins and sought out an area in Minnesota to have a receiver coil built. Because local farmers in Minnesota were concerned the project may harm their cattle, they voluntarily participated in the pro ject to see how it might affect their livelihood. After Richardson had organized a place in Canada to gather the electricity and a place in Minnesota to collect the wireless transmission of electricity, the head office of his company heard about the proposal and immediately blocked the transmission and shut down the proposal. The cancellation was surprising because the entire project was already funded. Senator Carter, who had originally tried to get wireless electricity towers started in Canada, tried yet again to get electricity exported from his province so that they could make a profit by selling the electricity elsewhere. Carter took the Timmins proposal and began working on finding places and people to set up a tower in his province and a receiver coil in another. 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But itRead MorePresidential Election : Politics And Politics2225 Words   |  9 Pagesindependent Pew Research Center exposed in clear terms the extent of political polarization in America, illustrating in hard data the schism that’s opened up between the Democratic and Republican over the last thirty years. Unquestionably, American politics have polarized over the last several decades. The question of from where American political polarization flows, however, remains unanswered. In particular, political scientists have occupied themselves with the question of who, exactly, providesRead MorePolitics and Ethics2332 Words   |  10 PagesPolitics is truly one of th e greatest developments that mankind has ever had the notion to make. Can you imagine our lives without? I really cannot see our lives operating as smoothly without the existence of politics in one form or another. 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This type of politics is incredibly important because it creates a more intimate and special kind of deal that makes that person more willing to support a particular politician. Not to mention it can help on a personal level by moving up social and trust levels, which is a huge part of politics. This kind of politics is different than wholesale politics which targetsRead MoreOrganizational Power and Politics1511 Word s   |  7 PagesPower and Politics Some employees believe that politics and power in the workplace is a game that corporate and management plays. However, games usually have rules to follow, a referee or judge, and an ending with a winner. Although politics has a winner, this game never ends, the rules are always subject to change, and there is no referee or spokesperson. Corporate traditions establish much of the biased game of politics that is played on the organizational level. Unfortunately, politics and powerRead MorePolarization in Us Politics1665 Words   |  7 PagesAnalyze the evidence that American politics is becoming more polarized. If so, is this a reaction to the polarization of political elites? Approx 1500 words 13/12/10 The election of 2008... marked the end of an epoch. No longer could Republicans count on the basic conservatism of the American people, the reflexive hostility to candidates who favour big government (Darman, 2010, 34) In the 1970s and 1980s there was a consensus that the importance of political parties was in declineRead MoreComparative Politics Essay1392 Words   |  6 Pagesnecessary tool in the belt of any political scientist. Comparative politics is one of three main subfields in political science, alongside political theory and international relations. While political theory deals with theoretical issues about democracy, justice et cetera, comparative politics deals with more empirical questions. To use an example cited by Daniele Caramani in ‘Comparative Politics’ (2011), comparative politics is not interested in whether or not participation is good for democracyRead MorePolitics, Power And Communication1633 Words   |  7 PagesNEWCASTLE UNIVERSITY Case Study Name: Jun Fu (Fu Jun) Student number: 130336769 Module: Com3077: Politics, Power and Communication Submission date: 18/04/2016 Word count: 1452 words I declare that this assignment is my own work and that I have correctly acknowledged the work of others. This assignment is in accordance with University and School guidance on good academic conduct. The iconic image on social media: how a single image transformed the debate on refugee and immigrationRead More Money In Politics Essay993 Words   |  4 Pages Money in Politics nbsp;nbsp;nbsp;nbsp;nbsp;In the world of politics today there are many problems. Nasty campaigning and Slamming ones opponent have become commonplace in todays world. This is a very Distinct problem. Yet the root of the problem isnt the candidates themselves, in most Cases. The national committees for the republicans and the democrats is at the true heart Of the problem. The money which is spent by those massive institutions to their partys

Wise Choice Process free essay sample

Academic confidence/success did poorly in school at Oregon and since then I have felt inadequate. If can push myself to do well in school I believe will gain that confidence back. Personal confidence For a lot of my life have felt introverted and quiet. I dont like attention called onto me. Taking time off after Oregon helped me to realize that much of that wasnt because was a shy person- it was because was holding myself back room who I want to be due to a lack of personal self-confidence.This semester have chosen to take a vocal class in which I will have to perform in front of other- a thought that quite frightens me actually. But singing is something that I like to do when I am alone, so I thought maybe singing in front of other would be a good challenge for me and help me to gain that confidence. We will write a custom essay sample on Wise Choice Process or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The value I place on being successful in college is 9. My expectation of being a success in college is probably a 7 right now. Multiplied together, this gives me n achievement motivation score of 63.I want to be successful because I feel college is really the only significant next step towards bringing me to where I want to be. Unfortunately I rated my expectation of success so low because lack the self-confidence to feel like I will be able to make it happen. Vie failed so many times in the past and fear that I will only let myself and others down again. I understand this is probably a victim mindset, and truly want to change that. I have been taking baby steps towards my goals and I can feel a slight change in my attitude already.If you had asked me to rate my expectation of success a few months ago I would have rated it much lower. Since being diagnosed with ADD I have actively sought out a psychiatrist with whom I meet monthly. I have begun to take medication to help me better focus on my studies, and have gone to workshops on the weekends to learn about how to learn differently and more effectively with ADD Im still working towards success, and I feel like my self-confidence will become much higher when I see just how much my efforts have paid off academically.

Business Process Architecture Management †Myassignmenthelp.Com

Question: Discuss About The Business Process Architecture Management? Answer: Introducation The article is by author Oscar Barros on Business Process Architecture, week 4 article. The architecture of the Business Processes (BP) of an organization is said to be the process it contains and the relationships between them. Business architecture provides a general understanding of an organization and is needed to align the strategic objectives and tactics for management. It describes the functional decomposition of an enterprise value chain and provides value streams (Harmon 2014). It is critical in all business process modeling work that is for process automation. However, the authors (Oscar Barros 2007) explained the role of general architecture, Business development corresponds to the macro-process Business planning, design chain, enabling processes the support resource management. The general architecture of BP gives a proposal to build BP Ontology that includes these macro-processes like Macroprocess1, Macroprocess2, Macroprocess3 and Macroprocess4, he value chain macro-process, support resource management macro-process, new capabilities development macro-process and Business planning Macro process respectively are explained. Each macro-process has an internal structure as execution, management and state status. The value chain is equivalent to the combination of consumer and the value chain. Supplier management is a process to make sure that all the resources needs for implementation of programming schedule are present. The support service is hence related to the Support Resource Management (Barros and Julio 2011). This paper describes a variety of business process framework that is available to adopt regarding an organizations business process architecture. The author emphasizes the final objective of general Business Process architecture. The methodologies has been used are presented to allow integrated design from architecture to business logic. The ultimate integration must be having an executable BP details design model such that mapping could be avoided. The author is hence working on the idea of integrating the BP. They are attending to formalize the business logistic in BPMN models on the last level of designing (Dumas 2013). Then the BPMN is converted to BPEL and then executed in suitable software. The aim of this methodology is the technique of doing architecture and BP designs. This article explains the general macro-process structure and the use of BPP on projects to guide the architecture and design process. It complements the objective of identifying potential hazards to an organization and explains the crucial limitations to the methodology used (Jeston and Nelis 2014). The value chain macro-process, support resource management macro-process and new capabilities development macro-process has been explained. This article is quiet beneficial for identifying and analyzing the relationships of strategic dependency, strategic rationale and business process reengineering. References Barros, O. and Julio, C., 2011. Enterprise and process architecture patterns. Business Process Management Journal, 17(4), pp.598-618. Dumas, M., La Rosa, M., Mendling, J. and Reijers, H.A., 2013.Fundamentals of business process management(Vol. 1, p. 2). Heidelberg: Springer. Harmon, P. (2014).Business process change. Morgan Kaufmann. Jeston, J. and Nelis, J., 2014.Business process management. Routledge.

My Dog, My Best Friend free essay sample

There are few moments within a person’s life that can be considered life defining. For many people a life defining moment can consist of a new person into their life, or a new idea or invention that came to mind. For me my life defining moments are not all the same. While I have great moments and simple moments, many are so incredible that I could not begin to describe. However there is one moment in particular that is describable and very â€Å"life defining†. It was in the middle of sixth grade, my life was headed in a direction that was not suitable for a typical Christian teenager. I was slacking off in my work and my life was just not headed in the direction that is Christ honoring. I thought that it would take a miracle for me to get back on track. Well it was a far cry from a miracle but it was a life defining moment none the less. We will write a custom essay sample on My Dog, My Best Friend or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I was about 13 and can still remember clearly the event and how it took place. I came home from school on the day of my birth with a long face and a heavy load on my shoulders. I’m not sure what was weighing me down, but I knew that something was dragging my spirit. Little did I know that it was all about to change, I walked through the door and entered my house to find my mom and my sister talking in the kitchen. I made it about half way to the couch when something attacked my leg. To my surprise it was a new puppy. This puppy was no ordinary puppy it was a germen short haired pointer. It had brown spots all over its white-hair body. Needless to say I was a bit surprised, but all in all I found this puppy to be a great stress relief, and I know I don’t have to tell you that a typical 13 year old has a ton of stress. Throughout the years this little puppy has become a great object of my affection, He has helped me out of many ordeals by both friendship and as an â€Å"scapegoat†. I have always found that I can talk to him no matter what and He always listens. While it is true dog is man’s best friend, this one has become like the brother I never had.

How to Write a Sample Bio of a Doctor

How to Write a Sample Bio of a DoctorWhen it comes to the writing sample biography essay of a doctor, there are many different ideas that you can take advantage of to make your idea more interesting. Your words can be so much more than just a simple paragraph; they can become an entire story with much more thought and a lot more emotion. This is a fun activity for anyone interested in writing samples of any kind.The first thing you need to do when writing a sample biography essay of a doctor is to put yourself in the shoes of the reader. What is the story of your life? What happened that made you who you are? What is the reason for this change in you? Do you see yourself changing or are you just changing and nothing has really changed?In order to get a good idea of what is to come, you might want to do some research on yourself before writing a sample biography essay of a doctor. For example, do you have any particular personality traits that are best described in writing? If so, wha t would those be? Or, maybe you like being a loner, but are also an extrovert; do you like to be talked to or do you prefer to be left alone?Once you have an idea of your description, and you have some basic information on what type of person you are, you can begin writing down what is happening in your life. This will be different for everyone, but in most cases, there will be a major change in you. Maybe your job has been eliminated, or maybe you are moving or perhaps just getting older.A sample biography essay of a doctor can also be a story about a loss in your life. You can lose a family member or friend, perhaps even a pet, and then realize that you are now alone. In this case, the focus of the sample biographyessay of a doctor is something else entirely.Now that you know what type of change you are going through, you can begin to write about what is happening in your life in the sample biography essay of a doctor. There are many different things that could happen to a person in their lives, but many people choose to write about something that has always happened. You might write about your parents getting divorced, or how your mother had a major surgery as a young adult.Whatever you choose to write about in your sample biography essay of a doctor, make sure that it is something that is happening in your professional life. Even if you are just writing about the fact that you got married or you went to college, the use of the term 'professional' should help you connect with your reader. Your personal thoughts on what your life has been like will also be greatly impacted by the way you write, so keep your words simple and to the point.Writing a sample biography essay of a doctor can be a lot of fun, but the more you understand about yourself and how the world works, the easier it will be to write about your life. Once you can say that 'my life' is in your writing, you will have a better idea of what direction you should take when writing. Plus, it will be much easier to connect with readers because they will get a much better idea of who you are and what is happening in your life.

How To Use the Preterite and Imperfect Tenses of Ser

How To Use the Preterite and Imperfect Tenses of Ser Spanish has at least two common ways of translating simple phrases such as it was using a form of the verb ser - era and fue - but it isnt always easy to know which one to use. Uses for the Two Past Tenses of Ser  Overlap The two forms represent different past tenses, era for the imperfect and fue for the preterite. Corresponding forms also exist for subjects other than it - you could say either eramos and fuimos for we were, for example. Conceptually, the differences between the two past tenses are fairly easy to grasp: the imperfect tense generally refers to actions that occurred numerous times and/or didnt have a definite end, while the preterite typically refers to actions that took place or at least ended at a definite time. However, for the English speaker, applying those concepts to the past tenses of ser can be problematic, partly because it seems in practice that native speakers commonly use the imperfect for states of being that had a definite end, while an application of the rule above might suggest use of the preterite. Similarly, it would seem logical to say, for example, era mi hija for she was my daughter, because presumably once a daughter always a daughter, but in fact fue mi hija also is heard. Similarly, it isnt hard to come up with sentences structured and translated similarly where one of the verb forms is preferred over the other. Here are two such pairs:  ¿Cà ³mo fue tu clase? (How was your class? The preterite tense is preferred here.) ¿Cà ³mo era tu juventud? (How was your childhood? The imperfect tense is preferred.) ¿Cà ³mo fue el partido? (How was the game? Preterite.) ¿Cà ³mo era la ciudad antes? (How was the city before? Imperfect.) Which Tense of Ser Is Preferred? It is difficult to formulate an exact rule for which tense of ser is preferred. But it may be helpful to think of the imperfect (such as era and eran) being used primarily when talking about inherent characteristics and to think of the preterite (such as fue and fueron) to refer to events in the broadest sense of the word. You can see this distinction in this recent list of top Web search results for era:  ¿Einstein era malo en matemticas? (Was Einstein bad in mathematics?)Si ayer era malo ... (If yesterday was bad ...) ¿Quien dijo que la marihuana era malo? (Who said marijuana was bad?)No sabà ­a que yo era capaz. (I didnt know I was capable.) ¿Era malo Hitler en realidad? (Was Hitler actually bad?) In all these sentences, it might be said that era is used to refer to the basic nature of persons or things, even if they had a definite end. Note the differences from the following: El semestre pasado fue malo. (The past semester was bad.)Tu amor fue malo. (Your love was bad.)El paisaje de amenazas digitales fue malo durante el aà ±o pasado. (The cyberthreat scene was bad during the past year.)Esos ​negocios fueron malos  para Grecia. (Those businesses were bad for Greece.)Al final Chiquidrcula no fue malo para Panam. (In the end Chiquidrcula wasnt bad for Panama.) These sentences also refer to the nature of of things, but the things can all be thought of as a type of event. The love of the second sentence and the businesses in the fourth were  decidedly temporary, for example, and the other sentence subjects can be thought of events in a more traditional sense. The use of the preterite also is more common when it is followed by a past participle: El concierto fue pospuesto. (The concert was postponed.)El goleador brasileà ±o fue detenido con marihuana y crack. (The Brazilian goalie was arrested with marijuana and crack.)Los animales fueron acostumbrados al ambiente de laboratorio. (The animals were accustomed to the laboratory environment.)   Unfortunately, this guide is far from foolproof. Ayer era malo and ayer fue malo can both be used for yesterday was bad. And even though the postponing of a concert might be seen as something that requires the preterite, youll sometimes here statements such as el concierto era pospuesto. Also,  native speakers seem to show little preference between era difà ­cil de explicar and fue difà ­cil de explicar, both of which translate to It was difficult to explain. Ultimately, as you learn Spanish and hear it used by native speakers, youll get a clearer idea of which verb form sounds more natural.

The Effect Of Contingent Music To Premature Infants Essay

The Effect Of Contingent Music To Premature Infants - Essay Example Those with health complications are subjected to painful and stressful medical procedures necessary for survival. Both the complications and the interventions are highly correlated with increased impairment in neurological development (Creasey, Jarvis, Myers, Markowitz, & Kerkering, 1993; Karmel, Gardner, & Magnano, 1991). The long-term neurological implications of premature birth are problematic, but fortunately the brain continues to develop throughout life and some damaged neurological networks can be overcome by nurturing and carefully structured learning opportunities (Benes, 1994). To this point, research with premature infants in the newborn intensive care unit (NICU) has primarily focused on medical procedures for survival and on nurturing techniques such as reducing environmental stimuli, non-nutritive sucking, and touch (Dieter & Emory, 1997). During medical treatment, the infant is often physically restrained by equipment. Additionally, treatments and nourishment are often scheduled with regard to health priorities, rather than with regard to the infant's desire for food or attention. The detrimental implications of lack of opportunity to experience normal post-birth cause/effect relationships at this stage of development have recently been lamented (Dieter & Emory, 1997). The infant's sucking ability is a critical behavior for both survival and neurological development. Sucking is the first rhythmic behavior in which the infant engages, and it is theorized to contribute to neurological development by facilitating internally regulated rhythms (Goff, 1985). Time spent in non-nutritive sucking has been observed in third trimester fetuses. Unfortunately, medical and environmental constraints often inhibit non-nutritive sucking... To this point, research with premature infants in the newborn intensive care unit has primarily focused on medical procedures for survival and on nurturing techniques such as reducing environmental stimuli, nonnutritive sucking, and touch. During medical treatment, the infant is often physically restrained by equipment. Additionally, treatments and nourishment are often scheduled with regard to health priorities, rather than with regard to the infant's desire for food or attention. The detrimental implications of the lack of opportunity to experience normal post-birth cause/effect relationships at this stage of development have recently been lamented. The infant's sucking ability is a critical behavior for both survival and neurological development. Sucking is the first rhythmic behavior in which the infant engages, and it is theorized to contribute to neurological development by facilitating internally regulated rhythms. Time spent in non-nutritive sucking has been observed in third -trimester fetuses. Unfortunately, medical and environmental constraints often inhibit non-nutritive sucking opportunities, as very premature infants are undergoing the third trimester of what would have been "fatal" development in the NICU. When non-nutritive sucking opportunities are encouraged in the NICU, development of the premature infant is enhanced. The coordinated suck-swallow-breathe response, which develops in the 34th week of gestation, is a precursor to nutritive sucking ability and nipple feeding.

Role of Nuclear Medicine in the Field of Gastrointestinal Diseases Essay

Role of Nuclear Medicine in the Field of Gastrointestinal Diseases - Essay Example Through imaging the physician can advice the patients with such diseases the cure and treatment. With the help of Nuclear Medicine Imaging, the imaging of IBD may be performed with In-111Leukocytes and Tc-99m Leukocytes. Nuclear Imaging can assess the conditions and situation of the gastrointestinal tract of the patient. With detailed observation the physician can advice the patients on what medicine to take to cure the said disease. Medicine is the science and art concerned with treating diseases so with preservation of one's health. It is a branch of healing art that deals with restoration of life and curing diseases by administration of drugs. Medicine is a very wide subject but it all includes all the sciences that are under the healing art and all varieties of curative treatment. Not only is it all about treating but also about preventive and the discussion of causation (Universal Encyclopedia, 1993). The development and classification of medical science have proceeded by gradual steps from very early times. The year 1543 marks an important point in the development of modern medicine. It was Andreas Versalius who published De Humani Corposis Fabrica (The Fabric of Human Body) in that year. It was a first great achievement for in that book the real structure of human body was revealed. Versalius undermined the widespread of reverence for authority in science and prepared a way for independent observation in anatomy and medicine. After that achievement there was a lot of upgrades in the field of medicine. The works and achievement of Pasteur in the field of Microbiology, Mendel in the field Genetics, and Darwin in Evolutionary Biology has greatly influenced and advanced the field of Medicine. As Medicine has been developing into more knowledge about the art of healing researches and more studies have been done. Among to its advancements are the discovery of tissue grafting. Transplants of organs are now possible and have saved many lives already. Born with the improvement in the field of Medicine is Nuclear Medicine. This field of Medicine is a science of healing that uses radiation to provide or give information about the person's anatomy and the functioning activity of the specific organs. With the information given to the physician, the doctor can provide and recommend proper diagnosis and treatment. Examples of conditions that can be checked with this field are cancer, heart diseases, thyroid disorders, bone disorders and gastrointestinal diseases (Nuclear Imaging, 2006). This field of Medicine is actually a sect specialty with in the field of radiology. The diagnostic examination that results from the images of body anatomy and functionality is comprised in this field. Nuclear medicine is a subspecialty within the field of radiology. The images are developed based on the detection of energy emitted from a radioactive substance given to the patient, either intravenously or by mouth. Generally, radiation to the patient is similar to that resulting from standard x-ray examinations (Nuclear Medicine, 2006). The substances used in this kind of practice are radio nuclides (radiopharmaceuticals). During examinations the radioactive substances are administered to the patience and the radiation emitted is then measured. Mostly of these examinations involves the formation of an image using a gamma camera. Nuclear medicine can

Comedy of Errors Essay Example for Free

Comedy of Errors Essay â€Å"The Comedy of Errors† Plato states that: â€Å"The measure of a man is what he does with his power. † But is this true? Or does it depend on a person’s money and possessions? Perhaps it is the family they were born into, or even their gender. And how can reputation affect your class standing? In â€Å"The Comedy of Errors† William Shakespeare explores the interplay of these various possibilities that can determine a person’s class. Shakespeare shows us that a persons family can determine their social status. As well as affect how they are treated. Taking for example the twin Dromios, they came from an extremely poor family. â€Å"A mean woman was delivered / Of such a burden, male twins, both alike. † (?.?. 54) Because their mother was so poor they were adopted by Egeon, however as opposed to becoming his children they became servants for his biological children (also twins) with each twin receiving his own minion. Throughout the Dromios lives they remained servants, even when they were split apart they stayed with their master. Being servants for different masters meant that they were treated differently. Dromio of Ephesus was beaten and kept uneducated â€Å"I have some marks of yours upon my pate, / Some of my mistress’ marks upon my shoulders, ( I.?. 83) While Dromio of Syracuse was given an education and treated like a brother as opposed to a servant, Antipholus of Syracuse demonstrates: A trusty villain, sir, that very oft, When I am dull with care and melancholy, Lightens my humor with is merry jests. (I. II. 19) If they had had wealthy parents with much more power then they would never have become servants and would most likely have servants of their own. Another and perhaps more common way to define a person’s social status is by their wealth, that is their money and possesions. Even though in our modern society wealth has little to do with your social status, in William Shakespeare’s time the more money you had the more power you had. For example Adriana and her husband Antipholus of Ephesus, clearly their money and possessions greatly benefited them in life. All this wealth leads them to have a very good reputation. However if their reputation gets tarnished they will lose their money and in consequence their power: If by strong hand you offer to break in Now in the stirring passage of the day, A vulgar comment will be made of it; And that supposed by the common rout Against your yet ungalled estimation. (III. I. 47) Looking at this quote it is clear that if Antipholus goes through with his threat, his reputation will be tarnished. Therefore he decides against it. â€Å" You have prevailed. I will depart in quiet / And, in despite of mirth, mean to be merry. (III. I. 156) An additional example is Solinus the duke of Ephesus. When he is ready to execute Egeon he uses the power he has to grant him one day of freedom. Duke: Now trust me, were it not against our laws, Against my crown, my oath, my dignity, My soul should sue as advocate for thee. But thou art adjudged to the death, Yet will I favor thee in what I can. therefore, merchant, I’ll limit thee this day. By giving Egeon a day of fr eedom the duke boosts his reputation in Ephesus as a sympathetic and selfless leader. All the while knowing that there is no way Egeon will accomplish his goal. The third and perhaps most prominent way of defining a person’s social standing is their gender. A factor that is still entrenched in our modern society. In â€Å"The Comedy of Errors† there are many obligations women have to fill that men do not. For example as Egeon is telling the duke his tragic story he mentions that although his wife was not in love with him and did not want to marry him, they clearly ended up married. â€Å"In Syracusa was I born and wed / Unto a woman happy but for me. (I. I. 37) This quote demonstrates that as a woman one of her obligations was to get married, even if it was to someone she did not love. This also makes evident the fact women were not free to make their own decisions. Furthermore women were often considered lesser beings than men, they were not allowed as much freedom as their spouse was. â€Å" Good sister, let us dine and never fret. / A man is master of his own liberty. † (II. I. 6) This quote highlights that fact that men were free to come and go as they pleased whereas women were not.