Monday, September 30, 2019

An experience that changed my life Essay

Everyone has experience in their life. These experiences could be the incidents which has happened in someone else life or in our life. Some people learn lesson from their experiences and some experiences change the people’s life automatically. The topic I selected is about a tragic experience that happened in my life, during my early twenties. I was working for one of the largest retail companies in America which has over than 1,916 stores nationwide. Newly hired in the store, makes me strive to be recognized, famous, awarded and the best employee in it. My new job took priority over my family, and led me to leave my responsibilities as a sister, aunt and a daughter behind. Then, one day I was injured on my shift so badly that I had to stay home sick for three months. This accident changed my view towards lifestyle, work and family. Experiences are various lessons which affect a person’s life positively or negatively. It depends on how each individual’s experience affects their view of life because experience is the best teaching resource in a person’s life. Not each person has parents, friends, or teachers to learn from; but each one has his personal experience. My bad experience led to a positive outcome. The purpose is to give a wise experience to the reader from my own experience. The audience for this essay are: instructors, students, parents, teachers and workers. The method that will be used is descriptive. The essay will describe the high expectation of living in America with the professional idealism towards family orientation. Read more:Â  Books That Changed My Life

Sunday, September 29, 2019

Do You Agree with the View Presented in Source 9 That Critics of the Second Boer War

Do you agree with the view presented in source 9 that critics of the second Boer War ‘were wrong to say that the concentration camps were part of the deliberate use of the â€Å"methods of barbarism† Explain your answer, using sources 7, 8 and 9 and your own knowledge. 40 marks The concentration camps during the second Boer War were set up in 1900 after several policies were introduced by Kitchener in response to the Guerrilla warfare, and were not intended as places of punishment.In fact, they were set up to provide food, water, entertainment and most of all protection for families during this time. Over the years many opinions have risen on the conditions in these concentration camps and although, as stated by Andrew Roberts, they were not deliberately set up as ‘part of the deliberate use of â€Å"methods of barbarism†, this theory has been challenged by many.Robert Ensor, who wrote that the camps ‘were grossly mismanaged’ and Sir Henry Campb ell-Bannerman who stated that war is unfair ‘when it is carried on by methods of barbarism’, are both prime examples of how there are extremely diverse views on the purpose of the concentration camps during the Second Boer War. It is apparent that concentration camps during the Second Boer War were set up to protect individuals and families rather than punish them. In many ways the concentration camps were places of safety and hope for the Boers affected by this war, and to an extent attendance was not compulsory.Andrew Roberts, who wrote ‘Salisbury: Victorian Titan’ seems to support this view stating that ‘food, shelter, clothing and above all, protection’ were offered and that ‘attendance was normally voluntary’, and as he was a historian who was specialised, knowledgeable and educated in this subject, it is likely that this information is correct to an extent. Kitchener introduced concentration camps to shelter families, and did not intend them to turn into such a ‘terrible unexpected by-product of guerrilla war’ as stated by the book which was published in 1999.This suggests that it was written for information purposes rather than morale or propaganda, therefore signifying that the information included would not be exaggerated for this reason, and the fact it was written such a long time after the concentration camps took place, it allowed him time to make a judgement, although this could involve secondary information which he had misinterpreted, therefore making the source less reliable and perhaps quite biased.

Saturday, September 28, 2019

Financial statement Essay Example | Topics and Well Written Essays - 1750 words

Financial statement - Essay Example An income statement reports on the organisations profits, expenses and income over a period of time. An income statement is also known as the profit and loss report, it provides information on the processes of the business enterprise. A statement of cash flows reports on an organisation’s cash flow activities,which include its processing, financing and investing activities. Financial statements for large companies are complex compared to the small companies because they include a wide range of notes added to the financial statements, management discussions, and analysis (Bragg, 2013). The notes added to the financial statements are considered as an essential part of the statements because they normally explain each item on the balance sheet, cash flow statement and income statement in further details. Albrecht an Stice (2011) defined capital maintenance as an accounting concept based on the principle that income is only recognized after capital has been maintained or there has been a full recovery of costs. When the amount of a company’s capital at the end of a period is unchanged from that at the beginning of the period,with any excess amount treated as profit (Albrecht an Stice ,2011). According to the writings of Taparia (2003), the concept of capital maintenance is significant as only income earned in excess amounts is needed to maintain capital may be considered as profit. There two concepts of capital maintenance are the financial capital maintenance and the physical capital maintenance. Under the concept of financial capital maintenance, profit is earned only if the financial amount of the net assets at the end of the fixed period exceeds the financial amount of net assets at the beginning of the period, after excluding any distributions to and contributions from owners during the period (Antle and Garstka,2004). Antle and Garstka, (2004) also stated that financial capital maintenance can be measured in either nominal monetary

Friday, September 27, 2019

Why is it important for individuals and organizations to change Essay

Why is it important for individuals and organizations to change - Essay Example Consequently, personal changes facilitate correction of deviant behaviours in people. Through the process of individual change, people incorporate new knowledge and practices that eventually transform into a culture. Therefore, individual change is a prerequisite process for cultural development. At the organizational level, change is significant for optimisation of the status of the institution. Organizational changes facilitate adaptation of the institution to environmental dynamics. Business organizations operate in a highly competitive market that is intertwined with technological and managerial advancements. Organizational changes thus enable firms to implement new management strategies, operational technologies and effective organizational cultures that would preserve or heighten their marketing niche. Additionally, changes are significant in organizations to mitigate operational or managerial crisis. Thus, organizational change is important for the development and implementation of an effective organizational culture (Quinn, 1996). Personally, deep change refers to a change process that is radical in that it is irreversible and individual control over the process is limited. Deep change is underlined with a personal vision that motivates one to pursue the change process independently. Unlike incremental change that is characterised with transactional processes, deep change entails transformational process and leadership. In addition, one should always be ready to encounter risks or even failure while undertaking deep change. Wholesomely, deep change encompasses sustainable changes at both the individual and organizational

Thursday, September 26, 2019

Divorce and Remarriages Essay Example | Topics and Well Written Essays - 2000 words

Divorce and Remarriages - Essay Example For the divorce option to be accepted the church need to consider the divorce’s ground according to scriptures. The main grounds for divorce according to the New Testament are on either desertion by an unbeliever or sexual sin features (Adams 1986, p.24).   These features comprise of sexual sin like homosexuality, incest, bestiality and adultery. In the case one of the partners violates the intimacy and unity of marriage by any of the sexual sins, thereby forsaking the covenant responsibility the faithful member is left in a very difficult situation. Under such condition, the bible permits the release of the faithful partner via divorce. After divorce has occurred the faithful partner is free to remarry if at all the divorce took place on biblical grounds. However, in case of people divorce on other grounds, they have sinned against both their partners and God. In mark 10:11-12, if these partners remarry, they will be considered to have committed an act of adultery. Paul made an explanation for this and proposed any person who divorces sinfully should remain unmarried for the rest of their life unless either of them reconciles with her or his partner (Cherlin 1992, p.54). The Jesus’ teachings on the issues of divorce should be read repeatedly in both the church and at home. It should be done in every part of the world in the essence of spreading the gospel. The society has witnessed an increase in the number of remarriages and divorces in the present days. The main reason of this problem facing the society is that people tend to ignore the instructions that are provided in the bible. Some people also tend to listen to what other men think about the teachings of Jesus rather that reading for themselves in the bible (House & Laney 1990, p.76).  

Wednesday, September 25, 2019

Health epidemiology & statistics Essay Example | Topics and Well Written Essays - 2000 words

Health epidemiology & statistics - Essay Example n the course of analysis, the researchers can see whether the variables in a given site have less absenteeism as well as lower health costs as compared to non-wellness sites (Stotmeyer. Et. Al 2010). The outcomes are restricted based on the co-relational study nature. While the study focuses on pre-existing groups, there are other differences within the groups above the absence or presence of a dependent variable. For instance, the programs are significantly newer and more attractive building for purposes of managing elements from a given program site. The ultimate research technique decision is made based on a compromise between the sites due to presence and absence of dependent and independent variables. The study specifies the research question through a well-stated objective. The study reports on the hypothesis. The hypothesis in the research study is directional and complex. The study progresses to test the hypothesis through stipulated parameters. One of the major challenges of the process is foreign elements hindering success in the sampling process. Elements that are not included in the article’s population and samples are seen on the sampling list. If the authors were to apply population records in creating a comprehensive list of participants experiencing the conditions, the health care professionals would qualify as foreign elements (Stotmeyer. Et. Al 2010). In such case, the report decoding could miss various elements. Further, duplicates are a representation of other research sampling problem. Such elements appear several times within the sampling frames. For instance, if researchers study patient satisfaction based on emergency room care giving, the authors may in clude various patients based on various studies. If patients complete patient satisfaction questionnaires, the authors should ensure that they have increased awareness that the completed questionnaires should not be redone. Where the questionnaires are completed more than twice, the second

Tuesday, September 24, 2019

Business Strategies and Decision Making Essay Example | Topics and Well Written Essays - 2000 words

Business Strategies and Decision Making - Essay Example Several authors have observed a consistent pattern in strategy development and there is no empirical doubt that managers are for it (Higgins, 2013:30). Managers in various organisations, as evident in several publications, agree that it is not easy to hold together all the components of an organisation if a well-patterned strategy is not developed. The importance of such a plan can be drawn from the point those core goals, actions and policies are integrated into a strategic plan that drives the success of a business-both large and small. Managers though, observe that developing a strategy alone is not sufficient for a corporation to realise its success, but rather, should be a well-engineered plan that brings together and allocates resources equitably in all operations. Nevertheless, all corporations-large or small- need a form of a patterned strategy put in place so as to experience success as other successful firms. The effect of ignoring such plans may result in haphazard resources spending and consequently, lead to wasteful use of the already limited resources. In comparison, large organisations’ strategies are formalised as compared to small-sized ones. However, small sized organisations are of late realising the importance of developing critical strategies that are formal and communicated to staffs. As much as patterned strategy development has been taking centre stage in several organisations, there has a negative counter-development- strategy drift. A business external environment such as competitors, consumers, suppliers among others, is essential to any firm. When a firm fails to respond to such aspects, the condition is termed as a strategy drift. It is not a new phenomenon to find a formally stable business close down as a result of failing to effectively respond in a strategic manner to its external environment (Wild, Wild and Han, 2008:230).  

Monday, September 23, 2019

Invention of television Annotated Bibliography Example | Topics and Well Written Essays - 500 words

Invention of television - Annotated Bibliography Example The birth of television is considered as the turning point in the technological inventions. Nowadays, governments of each country are also engaged in the emergence of television. Televisions are also considered as the most reliable source of information because every channel is obliged to follow the rules and regulations and not to spread any rumour or unauthentic information. Viewers possess the right to sue the channel if it violates the norms of the society or spread any unauthentic information. The innovations and ideas coming up from technological advancement lead to the invention of television. Even though, it was not a latent demand of common public, in fact people didn’t even know about television many years after its invention. But as soon as people got acquainted, their demands increased and new varieties, version and models started to come up in the market. The invention of radio is a primary reason which led to the invention of television. Radio is a device which has audio features only. So due to technological advancement, people thought to invent something which has visual aspects as well. This idea led to the invention of television, an appliance having both audio and video features. Despite of having greater benefits, television is always considered as harmful for society. In society, the age group that substantially gets impacted by television is of children. Children waste their precious time in watching television. It is also considered as harmful for their health and eyes specially. Leaving children alone to watch television and providing the remote control facility is another harmful aspect which can hamper children’s habits. According to a research, children who watch more than 4 hours television a day are more likely to get overweight. Television network has held the entire world in a single strand. Due to the fastest broadcasting and

Sunday, September 22, 2019

Henry Fayol Essay Example for Free

Henry Fayol Essay The Industrial Revolution of the 19th Century had paved the way to the development of organized systematic approaches to management. One of the most influential contributors to the management theory is Henry Fayol. He was the first management theorist who used the term ‘administration’. His theory is generally understood as administrative management theory or Fayolism. In his theory, he focused on the top-level management and managers’ actions, divided the activities of an organization into 6 groups and identified 6 managerial qualities for a manager. Importantly, he devised the famous 14 principles of management and 5 elements of management process. After this, people begin to study his theory and accord the full positive evaluation of his contribution until some decades after his death. This project assignment gives a review about the overview of life and the development of key work of management theorist, Henry Fayol. The aim of the project is to understand his concepts of management that are practical in top-level management. Another goal with the project is to examine his principles and elements of management as guidelines to be applied for all managers. And also, this project assignment gives some points of view about his theory contributes to modern concepts of management and his achievement in his lifetime. Henry Fayol was a French administrative management theorist and well-known as the father of modern management. He had a extraordinary life. He was born on 29 July 1841 in Istanbul, Turkey. Born that year, his father was an engineer who was appointed superintendent of works to build a bridge over the Golden Horn in Istanbul. A few years later, he and his family returned to France in 1847 when he was a child. Had a period time, Fayol studied at the mining school ‘Ecole Nationale Superieure des Mines’ in Saint-Etienne of France and eventually graduated in 1860. When he was age of 19, he began working as an engineer at a large mining company which a coal-mining and iron foundry combine, ‘Compagnie de Commentry-Fourchambeault-Decazeville’ in Commentry, France. Through his efforts, he was promoted as mines manager and ultimately became the managing director of the company in 1888. He changed company’s operation with his entrepreneurial approach to management thinking. At that time, the company employed more than 1,000 people. By 1900, the company was one of the largest producers of iron and steel in France and regarded as a vital national industry. In his career, he held that position over 30 years until 1918. Unfortunately, he was dead at age of 84 on 19 November 1925 in Paris, France. As early as 1900, Fayol formulated and wrote papers about his administrative management ideas from his own experiences. He examined the nature of management and first mentioned the ‘elements’ of administration which came from his book. His book was published in 1916 and was named as ‘Administration Industrielle et Generale’, a comprehensive theory of administration where he described and classified administrative management roles and processes. In 1949, Constance Storrs translated his book in English and entitled ‘General and Industrial Management’ which led to his theory was recognized by others. Henry Fayol emphasized the importance of taking a wider view on the organization as a whole, but the analytical approaches were similar. In his work, ‘General and Industrial Management’ which was published in English in 1949, he outlined his theory of general management which he believed could be applied to the administration of any industries. He enlightened managers on how to accomplish their managerial duties and the practices in which they should engage. He paid attention to the functions of administration and to this end he presented the principles and elements of management. As Fayol mentioned in his book: â€Å"Everyone needs some concepts of management; in the home, in affairs of state, the need for managerial ability is in keeping with the importance of the undertaking, and for individual people the need is everywhere in greater accordance with the position occupied.† excerpted from General and Industrial Management. Firstly, Fayol observed the organizational functioning from manager’s point of view. He found that all activities of an organization could be classified into six groups. These six groups of activities always present in a managerial post and are clearly shown in the following figure 2. Figure 2: 6 Activities of an Organization Technical activities relate to production, manufacture and adaptation; Commercial activities involve buying, selling and exchange; Financial activities search for capital and its optimum use; Security activities look for protection of property and persons; Accounting activities include stocktaking, balance sheets, costs and statistics; Managerial activities consist of planning, organizing, commanding, coordinating and controlling. Fayol pointed out that these activities exist in every organization. He argued that all managers required capability in all six functions. He also insisted that the managerial position determined the level of each function where full covered the total job and varying percentages should be assigned to each function. He further observed these six groups of activities and divided his approach of studying management into three parts: managerial qualities and training, general principles of management and elements of management process. In managerial qualities and training, Fayol identified the essential qualities required for a manager. According to his observation, the qualities of a manager have to possess under six aspects of qualities. These six aspects of qualities required are clearly shown in the following figure 3. Figure 3: 6 Managerial Qualities Physical qualities contain health, vigour and address; mental qualities contain ability to understand and learn, judgement, mental vigour and capability; moral qualities contain energy, firmness, initiative, loyalty, tact and dignity; general education means that having basic common sense; special knowledge means that peculiar to the function being performed; work experience mean that arising practice from the work. The possession of these qualities differs in degree between a manager and another. The implication is that a manager may be more suited to a post which emphasizes the need for one or other of the six functions. Fayol listed the need for management training and then identified 14 principles of management to serve as guidelines to help management resolve work problems and manage their affairs more effectively. The 14 principles of management are clearly shown in the following figure 4. Figure 4: 14 Principles of Management Division of work is the first principle. Fayol believed that if a person specializes, that person will concentrate in the same matters and acquire a special ability and accuracy that will increase the effectiveness and consequently the productivity. The right or power to give orders to subordinates is authority. Fayol remarked that authority comes with responsibility and vice versa. A manager should not be given authority without responsibility and should never be given responsibility without the associated authority to get the things done. Discipline is certainly essential for the smooth running of business. Employees must obey the organizational rules. Good discipline must result from an agreement between firm and employees with fairness and clear understanding of both sides. Fayol realized that different orders from different bosses may bring the problems and proposed the unity of command which means that an employee should receive instructions from one superior only in order to avoid conflict and confusion. Fayol explained that unity of direction is organizational activities with the same objective should be guided by one manager, using one plan. It is essential to focus the effort in the same direction and ensure action is properly coordinated. About subordination of individual interest to general interest, the interests of one employee should not be allowed to become more important than the group. It is important to separate personal and business affairs. While an employee is working, his mind and thoughts should be about the job and business goals. Every employee is worthy of his salary and it must be totally fair. In the best case, it would satisfy the firm and the employee. Also, rewards should be used as a tool of encouragement. This principle is analyzed by Fayol as the remuneration. Centralization is about proportion and individual cases. Fayol remarked that the degree of centralization varies according to different cases. This principle refers to how close employees are to the decision-making process. It is important to aim for an appropriate balance. The line of authority from top to the lowest ranks of management is scalar chain and it is related with the centralization. Fayol pointed out that some procedures need speedy actions and for this reason it is just needed the approval of the immediate superior. Employees should be aware of where they stand in the organization’s hierarchy or chain of command. Order refers to everything should have its place. Materials and people should be in right place at right time in the workplace. The workplace facilities must be clean, tidy and safe for employees. Fayol regarded equity as a sense of justice and fairness should pervade in an organization. Managers should be kind and fair to their subordinates at all times, both maintaining discipline as necessary and acting with kindness where appropriate. Fayol analyzed the stability of tenure of personnel is a reflection of a good running of the business, an employee takes time to adapt to a position and a turnover is not efficient. So, personnel planning should be a priority. Managers should strive to minimize employee turnover and ensure replacements at hand when vacancies arise. Initiative is commonly known as thinking out a plan and doing what it takes to make it happen. Fayol said that the initiative of all represents a great resource of strength for businesses and a manager should grant satisfaction to subordinates. Management should encourage employees to originate and carry out plans, this will increase their confidence and so they might feel more valuable for the company. This urging tends to boost levels of effort. Esprit de corps is the last principle. It emphasizes organizations should strive to foster team spirit is the way to construct harmony and unity among employees. Fayol desired the efficient team work by using extensive face-to-face verbal communication in order to accomplish this objective. It is important to stress that the 14 principles are not rigid and the principles enunciated are not aimed at being exhaustive. Fayol emphasized the universality of such principles and their applications are not only to business but also for the success of all associations. As Fayol mentioned in his book: â€Å"Seldom do we have to apply the same principle twice in identical conditions; allowance must be made for different changing circumstances†¦ Therefore principles[must be] flexible and capable of adaptation to every need; it is a matter of knowing how to make use of them which is a difficult art requiring intelligence, experience, decision, and proportion.† excerpt from General and Industrial Management. From these principles, Fayol concluded that management should interact with personnel in five basic ways in order to plan and control production. According to him, â€Å"To manage is to forecast and to plan, to organise, to command, to coordinate and to control†. He stated that management should be viewed as a process consisting of 5 elements which go hand in hand with the principles. Therefore, the management process was represented by these 5 elements are shown in figure 5. Figure 5: 5 Elements of Management Process Planning is one of the most important elements in ensuring business success as it predicts future events that determine the next move of the organization. Planning is related to forecast that examine how the future would be like; foresight, prevent and design actions in advance. It is necessary to identify what are the goals and how to accomplish them through a strategy, considering the realistic capabilities and resources to determine appropriate organizational goals. According to Fayol, â€Å"The best of plans cannot anticipate all unexpected occurrences which may arise, but it does include a place for these events and prepare the weapons which may be needed at the moment of being surprised†. Organizing involves ways which organizational structure is developed as well as the flow of communication and authority. Fayol argued that once a plan of action is designed, management need to put the plan into practice and organize the practicality of achieving those plans. Management also need to provide everything necessary to carry it out; including raw materials, tools, capital and human resources. This can be from recruiting the right staff, to organizing the restructuring of the structure of the company so it operates in an efficient manner. Commanding is how management direct staffs through effective communication and the use of discipline and remuneration. Management need to implement the plan and have an understanding of the strengths and weaknesses of their personnel. Fayol stated that management must encourage and direct personnel activity. Management must motivate their staff whilst at the same time meet the goals and target that have been set. Coordinating means that management must work to harmonize all the activities to facilitate organizational success. Communication is the prime coordinating mechanism. Fayol stated that management must make certain that personnel work together in a cooperative fashion. Put simply, things should work together effectively and efficiently. So when planning the structure of the organization, management need to make sure that different sections work and support each other in helping the organization do well. Controlling is the final element of management process involves the comparison of the activities of the personnel to the plan of action and it is the evaluation component of management. Fayol stated that management should monitor everything occurs in conformity with policy and ensure personnel follow their commands. Management have to make sure that any problems sufficient actions plans are put in place to rectify the problem. At the end of the day, it is management’s responsibility that the organization has done well. As Fayol mentioned in his book: â€Å"The responsibility of general management is to conduct the enterprise toward its objective by making optimum use of available resources. It is the executive authority, it draws up the plan of action, selects personnel, determines performance, ensures and controls the execution of all activities† excerpted from General and Industrial Management. Simple term, planning is the most important managerial function. Organizing and commanding function is necessary to execute plans. Coordinating is necessary to make sure that everyone is working together and controlling looks whether everything is proceeding according to the plan. Fayol believed that management ideas should be taught, managerial ability was required for businesses to succeed and management was a separate activity that applicable to all types of undertakings. He also believed that managerial practices were the key to predictability and efficiency in organizations. It is important to understand that it really needs intuition to propose such significant ideas in the environment where there are no clear boundaries of worker and management responsibilities, no clear indicate the effective work standards and no clear concepts about how organizations work and how they should be structured or managed. In this case, Henry Fayol offered universal managerial prescriptions for all organizations to solve the problems. Therefore, Fayol’s main contribution is in the point that he was the first management theorist who devised a complete set of general administrative management theory by suggesting what managers should do and how organizations constitute good management practices. He emphasized on the functionality and organizational structure, dividing the work in functional areas and implementing the general principles of any organization. Fayol’s theory views management as a profession that can be trained, developed and emphasized the broad policy aspects of top-level management. It underlined all elements necessary to organize and manage organization as a whole. And also, his practical list of principles helps managers learn how to organize and interact with their subordinates in an effective way. At the present, most of managers are using his theory as a guidelines that how they deal with the everyday problems of managing the entire organizations. This explains accurately that his theory is a great contribution to management and business studies. More than nine decades have passed since Fayol’s theory was proposed. As we are moving into the age of rapid industrial and technological development, we might think the elements and principles of management in his theory are only common sense at present. And even later, some scholars had adopted his theory as the basis and developed new modern management theories. Undoubtedly, Henry Fayol is rightly seen as a key influential contributor to administrative management of thought. It is essential to remark the achievement of Henry Fayol who through a laudable efforts, developed his labour career in a company in the area of the mining industry in his country, where he entered as engineer by profession at young age after being promoted to mines manager and retired as a managing director. He knew how to reorganize and manage the company, expand its business and at certain point he is credited with turning the company around from a threatened bankruptcy into a strong financial position by the time of his retirement at age 77. During Fayol’s last few years, he wrote down the classic book, ‘Administration Industrielle et Generale’ based on his personal experiences in his managerial lifetime. His work was a product of more than 50 years of practice and study of management. He dedicated all his efforts to promote the administrative management theory as a fundamental tool for the good performance of all kinds of organizations. He established the nowadays important 14 principles and necessary 5 elements that are management needed. Fayol’s achievement is as a result of his in depth studies and analysis of the reality of management; studying, analyzing and preparing his conclusions and his work in a personal and independent way. Once again, just as in the case of his excellent and classic works about the problems of the mines, the brilliant managing director and successful managing methods, would take his time to create a new classic success to form a new doctrine: ‘The General Management’. Hence, it has to be restated that his theory has a significant influence on modern management and lay down the foundation with a simple way of how management interacts with personnel. Nowadays, all organizations consider his theory as a relevant guide to productively managing staffs, in order to manage the organizations more successful. As we know, management is the process of getting people that work towards to accomplish desired goals and objectives together; its main purpose is to help activities can be completed more efficiently and effectively. In this project, we found that Henry Fayol concentrated on top-level management and viewed management processes from the top down. His administrative management theory gives us comprehensive statements of general management and provides us valuable insights into managing effective and efficient organizations. It is clear that his theory is important and useful knowledge for all students who study about management issues. We students should learn his theory seriously in order to meet practical needs and apply it in our future career life.

Saturday, September 21, 2019

Communication Case Essay Example for Free

Communication Case Essay Communication allows ideas to be conveyed clearly and succinctly. Communication is crucial for developing positive relationships with children, young people and their families, colleagues and other professionals We communicate to express our emotions like courage or fear, joy or sorrow, satisfaction or disappointment with appropriate gestures and words. Communication is vital for seeking and providing information. AiiDescribe TWO ways how effective communication can affect relationships in an adult social care setting between individuals using the service, their carer’s, colleagues and other practitioners. 1. Effective communication is the basis of all relationship regardless of whether the relationship is professional or personal. It is important as it helps to give concise and clear information and eliminate the possibility of risks to patients. 2. Also with effective communication there would be a positive atmosphere within the work place and colleagues would be more willing to help each other out. Staff would know where everything is and also offer extra support with your workload. AiiiIdentify THREE ways of finding out the communication and language needs of an individual. For each method, describe how effective it is at establishing the needs of the individual. Method How effective this method is? Looking through previous records Previous records can identify the individual’s illness or disability and what kind of support they will need to establish communication and language needs. Observation Observation is effective as it is establishing the communication and language by watching/talking to the patient themselves. Communication with family/other professionals Family, friends and other professional who have worked/lived with the patient will have a lot on information/knowledge on the patient. They would have developed ways of dealing with the patient’s communication and language over a long time. AivDescribe THREE factors to consider when promoting effective communication. Disabilities: Disabilities such as hearing loss, impaired vision, mobility problems or speech impairment can affect the effective communication. Proper communication method should be known before communicating the people with disability or different health issues. Cultural Differences: Communication differences can result from differences in culture. In some cultures, children are not allowed to speak in front of adult and some kind of body gesture, eye contact, facial expression and touch are inappropriate. Environment: Environment is one of the most important factors to consider. Ensure the lights, air, temperature, noise and that it is safe and comfortable for the patient before establishing effective communication. AvDescribe THREE verbal and THREE non-verbal communication methods and styles that a social care worker may use in an adult setting. Verbal Non Verbal Spoken When people speak face-to-face or via the phone its considered verbal communication Body language/Body movements Body movements include gestures, posture, head and hand movements or whole body movements Written writing is considered a form of verbal communication because words are involved. Eye contact – It is important to give eye contact as it helps the person know that you are listening Non-spoken A person doesnt have to speak words for a communication to be considered verbal. A groan can qualify. In fact, any noises or utterances a person makes are included in this classification. Posture Posture can reflect peoples emotions, attitudes and intentions. Avi Explain why it is important to respond to an individual’s reactions during communication. It is important to respond to an individual’s reactions during communication because it shows you are actively taking part in a conversation. It also shows that you are listening. With no listening there really isnt a conversation happening. If you are listening passively, then you are giving little or no feedback. If you are like this, then you are unlikely to make coherent responses. Avii Explain how an individual’s background can influence their communication methods. An individual’s background can influence their communication methods by the way in which they are brought up and the society and culture that they live in has a great effect on the way in which they communicate. In some cultures children are not allowed to speak in the presence of certain adults. Some people may have been brought up in a background of challenging environments. Some women do not speak in front of other men out of family. These factors will highly influence the way they communicate and to establish communication with these groups of people. Also there may be a language barrier which would influence communication methods. Aviii Identify three examples of barriers to communication and explain how you could overcome each barrier. Barrier How it can over come Language differences You can overcome this by identifying the preferred communication method and using the appropriate method to communicate. Culture differences You can overcome this by providing an interpreter or translator service. Using makaton, body language and pictures etc. Physical Barrier You could overcome this by checking the individual’s record, speaking to a family member or friends or through the country’s cultural representative. Aix Describe two strategies that you could use to clarify misunderstandings. 1. Be polite and ask kindly in a calm professional manner. 2. Writing instructions clearly and concisely. Ask the them to repeat what I have said to ensure clear understanding. AxA social care worker wants to enable more effective communication with individuals using the service. Explain how they could access extra support or services that may be helpful. Translation services This service can help with changing the written text from one language to another. Interpreting services This service can help with converting spoken language to another language. Speech and language services This service can support people who have had a stroke and have problems with their speech. Advocacy services This service can support people who are unable to speak up for themselves. This service tries to understand the needs, wishes and preferences of people, and will argue on their behalf.

Friday, September 20, 2019

Dangerous Goods Can Create Accidents Engineering Essay

Dangerous Goods Can Create Accidents Engineering Essay Dangerous goods are essentially for wide range of global industry, commercial, medical and research requirement and processes. This is because of the advantages of air transport, a great deal of this kind of dangerous cargo is carried by air transport called airplane. Besides that, in term of definition dangerous goods (DG) is something about hazard material or can be easily said any risk object which can causes mischief such as explosive, corrosive, flammable, toxic and even radioactive. Nevertheless, ICAO has been recognized the importance of this type of cargo and has been taken steps to ensure that such of cargo can be carried safely. Furthermore, dangerous goods posses lots of significant risks and impacts. For example like it can start a fire and help in spreading a fire. Then, it can react with aircraft material, can release toxic vapor and even come o worst explosion might happen. http://www.ritchiestraining.co.uk/pix/uploaded/Library/Ritchies_Dangerous_Goods_By_Air_and_Sea.jpg Figure 1: Dangerous Goods Can Create Accidents Page 1 https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiSAB-tKXI4L5ZfGLh80-E_XUDwwFyyeK8k6h5oReE2HP5-7q1UpQT1ng2dwYv1scQDh9y2IG9NzdeyQQpukgKt7xEFG_v050isI-Fnjm3oCFAYfu5sSB56W1ZiQmvgfntitrRVzcE1dZ8/s660/wentwrong+header+copy+small.jpg Figure 2: ValuJet Accident by Explosion There is an incident where can be proved that hazard material can causes harm to aircraft itself. On May 11, 1996 Everglades, Miami, Florida ValuJet, Flight 592 McDonnell Douglas DC-9-32, N904VJ. The in-flight fire was caused by activation of one or more oxygen generators in the forward cargo hold. The generators were outdated, improperly labeled, lacked safety caps and were prohibited from being transported on a passenger flight. The loss of control resulted either from flight control failure or incapacitation of the crew due to extreme heat and smoke. Recently, all 110 aboard killed. The person who handles dangerous goods at airport called dangerous goods inspector. He / she must be well trained in every aspect of the duties as a technical inspector and regulatory officer otherwise the aviation will turn down. This kind of person must aware where an each shipment of dangerous goods may possibly represent an intimidation to life, health, property or environment. In addition, the inspector should obey the procedures and regulations attempt to handle cargo and minimize the danger during transport. Basically, how do the inspector handle the DG is he / she carried out at cargo facilities with the scale and nature of the operation. Besides that, inspection of procedures includes visiting operators or handling agents premises as proper. Page 2 2.0 Transport Dangerous Goods by Annex 18 Annex 18 can be specified as standard and recommended practices which enable dangerous goods to be carried safely. Annex also makes compulsory upon Contracting States the requirements of the Technical Instructions, which contain the very detailed and various instructions necessary for the correct handling of dangerous cargo. Logically speaking, the use of these common bases by all forms of transport allow cargo to be transferred safe, sound and even smooth between air, sea, rail and road modes. Nevertheless, ICAO requirements for the safe handling of dangerous goods firstly identify a limited list of those substances which are unsafe to carry in any circumstances and then show how other potentially dangerous articles or substances can be transported safely. Technique of Transport Dangerous Goods Classification 5. Procedures Emergency Respond 3. Documentation, Acceptance for Air Transport 4. Handling Stowage 2. Packaging, Marking Labeling Figure 3: Technique of Transport Dangerous Goods Page 3 Identification and Classification of DG The nine hazard classes are those determined by the United Nations Committee of Experts and are used for all modes of transport. Class 1 includes explosives of all kinds, such as sporting ammunition, fireworks and signal flares. Class 2 comprises compressed or liquefied gases which may also be toxic or flammable examples are cylinders of oxygen and refrigerated liquid nitrogen. Class 3 substances are flammable liquids including gasoline, lacquers, paint thinners, etc. Class 4 covers flammable solids, spontaneously combustible materials and materials which, when in contact with water, exit flammable gases, such as some powdered metals, cellulose type film and charcoal. Class 5 covers oxidizing material, including bromated, chlorates or nitrates and this class also covers organic peroxides which are both oxygen carriers and very combustible. Class 6 includes poisonous or toxic substances example pesticides, mercury compounds, etc comprise together with infectious substances which must sometimes be shipped for diagnostics or preventative purposes. Radioactive materials are in Class 7 which there are mainly radioactive isotopes needed for medical or research purposes but are sometimes contained in manufactured articles such as heart pacemakers or smoke detectors. Corrosive substances which may be dangerous to human tissue or which pose a hazard to the structure of an aircraft are dealt with in Class 8 for example, caustic soda, battery fluid, paint remover. Finally, Class 9 is a miscellaneous category for other materials which are potentially hazardous in air transport, such as magnetized materials which could affect the aircrafts navigational systems. http://www.ctsgb.ltd.uk/assets/generic/icons.gif Figure 4: 9 Classes of Dangerous Goods Page 4 Packaging, Marking Labeling Basically, the operator or handling agent looks at the external appearance of all the packages of dangerous goods as a safety package inspection before being transported. In addition, the items need to keep in the operators custody provided whether the goods are due to transport or have been transported. However, the inspection will check that the requirements of marking and labeling have been fully filled. Hence, type of packaging that has been used is permitted and tag along with the correct specification. For the radioactive material, the handling agent will pack the material based on the radiation level packages which fit in state for transport. Nevertheless, the packages of dangerous goods should only be opened in exceptional circumstances and with extremely caution. Once if the package opened, they need to take the potential hazard from the contents into account and handle it with fully attention. Any package opened during an inspection, it must be handed before to the consignee which means the goods must be restored in its original condition by inspector. https://images.fedex.com/images/us/services/options/ground/hazmat/PhenolSolid_Boxes.jpg Figure 5: Packaging, Marking, and Labeling Page 5 Documentation and Acceptance for Air Transport Documentation is to determine a dangerous goods shipment meets all applicable requirements. Information that contain in several documents need to transport out a detailed check because it is necessary to cross refer from one document to another. The handling agent must check the associated documents when he / she have the packages of dangerous goods in his / her premises. A document check only is made when there are no packages available. There are several inspections that required inside the documents such as Air Waybill, Shippers Declaration, Acceptance Check List, Notice to Captain and others. The intention of inspecting the Air Waybill is to ensure that they have completed correctly by using the correct classification and method of packing so that it can be established. Thus, the purpose of inspecting the Acceptance Check List is to make sure that the handling agent uses a form which allow for completion by the acceptance clerk. Nevertheless, the Notice to Captain is to determine that all the required information was given and checked. At this moment, where the form was signed by the pilot and the loading / stowage requirement met. https://images.fedex.com/images/us/services/options/ground/hazmat/OP-900_Exception.jpg Figure 6: Documentation of Dangerous Goods Page 6 2.4 Handling and Stowage Handling also can be known as loading so that it can be pronounced as loading and stowage. The inspection of loading and stowage at the cargo side is to ensure the dangerous goods are adequately secured to prevent movement. Then, the requirement of segregation distances can be maintained respectively when any radioactive material has been stowed. Besides that, any cargo aircraft that has placed dangerous goods on the main deck and only get accessible by the Technical Instruction. And also make sure of toxic or infectious substances are not in close proximity to animals and foodstuffs, it can be harmful to them and also aircraft fuselage if there are any leakages from the toxic substances. http://www.csc-scc.gc.ca/text/plcy/images/318-gl5-1_e.gif Figure 7: Handling and Stowage Table Page 7 2.5 Procedures and Emergency Response The procedure of transport dangerous goods is a guidance tool for airport directors and crews to use when developing, evaluating, updating or training an Airport Emergency Plan. It also can be informed the emergency responders to who are not experienced with airport operations or airport emergencies. However, whenever once hazardous material spills out on the aircraft body, it can be resulted as aircraft accidents or incidents. This is because the body of aircraft will be corroded and eventually it will create a whole on it and can be cabin pressurization and even lead to the aircraft crash. Thats why precautions should be aware to avoid exposure to hazardous components for safety purposes. In this kind situation, Airport Emergency Plan (AEP) needs to clean up the aftermath emergencies involving hazardous materials such as foam and hydrocarbon. The agencies must follow the strategies and procedures which contain in the flow of hazardous materials after an emergency inside the aircraft or even at the airport. Besides that, they also need to repair the pavement of the runway if the materials damaged the runway by the spills. https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhc2MgZwehpSSmiaREY-RFtXX3j8vgglyZ8XwkyzVKQ3AW6FRbFmx_YFc1AEG-wZZHlzyZ_N7hIZPcCeFls1e4T3GK9zglhJlPEX441VTOxZiQtLpldDJRmHc3T9EaKkHl_qYYzxeNM_nml/s1600/emergency_response_title_page.jpg Figure 8: Emergency Responses Page 8 3.0 Class 3 Flammable Liquids In many classes of dangerous goods that have been enshrined in the aviation law procedures. There are limitation on loading dangerous goods inside the aircraft, this is because not all classes are allowed to be loaded inside the aircraft unless with special exemption or provision. So, I choose Class 3-Flammable Liquids as my point of assignment of TDG. http://www.thecompliancecenter.com/store/media/catalog/product/l/b/lbcn06us_hi.gif Figure 9: Class 3 Flammable Liquid Flammables liquids can be defined as liquids, mixtures of liquids or liquids that contained solids in solution or suspension which is given off a flash point of flammable vapor at suitable temperatures must not more than 60-65Celcius. Transportation must follow the procedure which is transport the liquids at temperatures at or above the flash point for the safety purposes. Hence, this class has specific reason for regulation which is competent of posturing severe hazards due to the volatility, combustibility and potential in causing or propagating rigorous conflagrations. Besides that, there are several common transported flammable liquids in aviation industry such as acetone, paints, alcohols, perfumes, gas oil, and etc. Page 9 Nevertheless, dangerous goods inspector has an authority to handle flammable liquids. He also has capability to inspect all customer requests that has connection with logistics of flammable liquids for example like packing, packaging, compliance, freight, forwarding and training. Meanwhile, the labeling and marking of dangerous goods, the method in which they shall be located at beneath an aircraft, the responsibilities of the crews in respect of the carriage of dangerous goods and the action to be taken in the event of emergencies arising involving dangerous goods. Otherwise, if the operator fails to follow the procedure, it can turn down the aviation world industry and make disaster and even can affect the aircraft fuselage and passengers. http://images.thenews.com.pk/updates_pics/1-24-2011_9678_l_u.jpg Figure 10: Airport Explosion by Flammable Liquid Leakage at Moscow Page 10 4.0 Conclusion As my conclusion, Transport Dangerous Goods is very important subject where we as an aviator can know about the dangerous goods as well. Dangerous goods can be known as hazard materials which can cause harm to surrounding including human and animal. As we all know that dangerous goods has nine classes provided which is Class 1-Explosives, Class 2-Gases, Class 3-Flammable Liquids, Class 4-Flammable Solids, Class 5-Oxidizing Material, Class 6-Toxics and Infectious, Class 7-Radioactive, Class 8-Corrosive, and Class 9-Miscellaneous. Furthermore, with this kind of classifications we can conclude that the goods inside container are dangerous or not. Then, I have learned about the flow of instruction in dangerous goods which is classification, packaging, documentation, handling, and emergency responses. This flow is a must to operator, if one of them is missed, the transportation will automatically cancel and aviation industry will be terminated. Page 11 5.0 Bibliography 5.1 Website 1) www.dgiglobal.com 2) www.caa.md 5.2 References 1) Transport Dangerous Goods Slide Show 5.3 Books 1) Annex 18 Page 12 Content Page No. Content Page 1.0 Introduction 1-2 2.0 Transport Dangerous Goods by Annex 18 2.1 Classifications 2.2 Packaging, Marking and Labeling 2.3 Documentation and Acceptance 2.4 Handling and Stowage 2.5 Procedures and Emergency Response 3 4 5 6 7 8 3.0 Class 3 Flammable Liquids 9-10 4.0 Conclusion 11 5.0 Bibliography 5.1 Website

Thursday, September 19, 2019

Dr. Faustus Essay: Free Will and Personal Responsibility

Free Will and Personal Responsibility in Faustus  Ã‚   It can be argued that Doctor Faustus is damned from the moment of conception. His innate desire for knowledge inevitably leads to his downfall. He represents the common human dissatisfaction with being human and the struggle of accepting our lack of omnipotence and omniscience. Marlowe manipulates this struggle between the aspirations of one character of his time and the implications to Christianity in relation to its doctrine of heaven and hell. Indeed, Doctor Faustus asks for more than what was intentionally made available to him through God's plan, yet it was God's gift to him of his intellect, that tempted him to search beyond his appointed realm of knowledge. Faustus, through his own free will, decides to trade his soul with Lucifer in order to gain the answers to the questions of the universe. According to the divine plan ideology of Catholic doctrine, his decision worked into the cosmic outline. The divine application of his decision implies that there are benefits or rather s ome other importance, outside of the connection to Faustus, of his selling his soul. This lessens the impetus behind his decision because of the emphasis on universal application as opposed to the immediate ramifications to Faustus, the human being. Therefore, one can argue as to where the responsibility or fault lies concerning Faustus' fate because of the presence of other forces who may have influenced his decision. However the responsibility for his choice remains his and his alone. Faustus sells his soul for what he believes to be limitless power, with the full logical, as opposed to emotional, knowledge as to consequences of such a transaction. He knows the stakes of his gamble with the ... ...oth lead to eventual and eternal damnation. On the contrary, one could argue that Marlowe was illustrating the cruelty of the notion that faith alone was not enough to secure one's salvation, merely by Faustus' tragic end in itself. However, by taking into consideration Marlowe's possible sympathizing with Catholic dogma, it can be inferred that much of the ideology of the character of Doctor Faustus, indeed was the direct product of Marlowe's own religious beliefs. Works Cited and Consulted Marlowe, Christopher Dr Faustus in ed. WB Worthen (1996) The Harcourt Brace Anthology of Drama, 2nd edn., Texas: Harcourt Brace Steane, J.B (1965) Marlowe Cambridge: Cambridge University Press Wilson, F.P (1953) Marlowe and the Early Shakespeare Oxford: Clarendon Press The Oxford English Dictionary (1989), Second edition, Volume xviii. Oxford: Clarendon Press  

Wednesday, September 18, 2019

The Comedy of Tradgedy Essay -- Literary Analysis, Charlie Chaplin

Watched by grandparents, known by parents, but quickly fleeting in the minds of young ones, Charlie Chaplin is the original â€Å"tramp.† From films such as The Kid or The Circus, Chaplin is the face of silent films. His unique combination of comedy and tragedy is a modern reformation of Shakespeare’s style. Many would agree that Charlie Chaplin is the Shakespeare of silent films. From rags to riches to exile, Chaplin is a timeless comedian and will always be remembered as the â€Å"tramp.† People look at a famous figure like Chaplin and imagine a glamorous life with everything at their disposal, but the last thing people would imagine is a childhood full of suffering and poverty. According to Alan Schroeder, noted biographer, Chaplin was born to a drunkard father and a mentally insane mother (22-24). April 16, 1889, the day one of the greatest actors of the film age was born. Charlie Sr. and Hannah Chaplin named him after his vaudevillian father (Schroeder 21). Charlie Sr. was one of the greatest vaudevillians in England at the time, until his lips touched alcohol (Schroeder 22). Charlie's father became an unbearable drunk that ended up leaving Hannah and their two kids, Charlie and Sidney, to fend for themselves (Schroeder 22). The stress this left on Hannah was toxic. Hannah tried to provide for the children by working as a seamstress for the church (Schroeder 22). Before she had Charlie she too was a vaudevillian, but after Charlie's birth she had given it up (Schroeder 22). Well, until she could barely afford food. She attempted to get back to a stage career, but work was scarce and time-consuming (Schroeder 22). Sidney and Charlie were living a life no child should have to endure. Within a few years, Hannah had given birth to two chil... ...lways be someone out there that idolizes him.Van Gogh, Picasso, and Chaplin will always have two things in common: their artistic abilities, and their lack of appreciation until they were gone. For Picasso and Van Gogh "gone" meant death, but for Chaplin "gone" meant exile. After Chaplin's long-term exile for his "communism" ideals, he once again returned to the U.S. after the Second Red Scare had died down (Encyclopedia of World Biography 439). Upon his return, Chaplin was contacted about receiving academy awards (Authors and Artists for Young Adults Par.2) 4 Academy Awards and 4 Academy Award nominations were only part of the many recognitions he received (Authors and Artists for Young Adults Par.2). Finally Chaplin had received the awards he deserved. Chaplin was a man who contributed so much to the film industry as well as thousands of laughs his films provoked.

Monday, September 16, 2019

A Financial Analysis of Next

A Financial Analysis of NEXT By Tingyu WANG AC2407 Shakil Iqbal Patel Tuesday, 1st November, 2011 CONTENTS 1. Introduction3 2. Roles of Accounting and Finance3 3. Financial Analysis4 3. 1. Discussion of NEXT4 3. 2. Finance of NEXT5 3. 3. Ratio Analysis6 3. 4. Application of roles to NEXT9 4. Conclusion10 5. References10 6. Appendices11 1. Introduction ‘Accounting is the process of recording, classifying, and reporting and interpreting the financial data. ’ (Johal et al, 2010:2). Accounting provides a key source of information about a business to those who need it, such as managers or owners.The framework makes cash and profit can be monitored, planned and controlled. It is essential to the running of any business or organization. (Jones, 2006:3). ‘Finance exists to help users to make better decisions and is concerned with the financing and investing activities of the business. ’ (Eddie et al, 2005:21). This essay will discuss the roles of accounting and fina nce within an organization and include a financial analysis of NEXT, which through the following structure: the next section identifies the roles of accounting and finance to NEXT.Section three makes some financial analysis, including the discussion of NEXT, evaluation of its finance, and ratio analysis. The fourth section is to examine the application of roles to NEXT. The final section is to make conclusion. 2. Roles of Accounting and Finance There are three main roles of accounting and finance within an organization. * Financial Accounting: Deals with the mechanistic bookkeeping progress and the preparation and interpretation of the financial accounts. For companies, it also includes the preparation of the annual report.It concludes measuring and reporting financial position, financial performance and anlaysing and interpreting financial statements. (Jones, 2006:13). * Financial Management: It is about managing the sources of finance of an organization which involves ‘manag ing the working capital (that is, short-term assets and liabilities) of a company or finding the cheapest form of borrowing. ’ (Jones, 2006:14) * Management Accounting: Covers the internal accounting of an organization. It consists of costing, budgeting, standard costing, short-term decision making, strategic management accounting, capital investment appraisal and discounted cash flow. IBID). 3. Financial Analysis 4. 1. Discussion of NEXT NEXT plc is a UK based retailer offering exciting, beautifully designed, excellent quality fashion and accessories for men, women and children together with home products. The company was founded by Joseph Hepworth in Leeds in 1864. The first NEXT shop opened on 12 February 1982. In 1986, Davies moved the headquarters from Leeds to Leicester, to be closer to the main garment manufacturers. In autumn 2009, NEXT plc launched an online catalogue for the United States offering clothing, shoes and accessories.It distributes through three main cha nnels: Next Retail, a chain of more than 500 stores in the UK and Eire; NEXT Directory, a home shopping catalogue and website with nearly 3 million active customers; and NEXT International, with more than 180 stores around the world. NEXT also has a growing website capability in more than 30 countries worldwide. (Next Corporate, 2011). In UK, there are three analogous brand companies like Top shop, Monsoon, and Aquascutum. They all operate as similar home products as NEXT, like clothing, footwear, and accessories for men, women and children and have online services and various strategies.It is obvious to increase competition to NEXT. While for NEXT, they use their influence to promote good practice and raise awareness, believe working together in partnership is the best way they can make a positive difference. Using approach to improve energy efficiency and reduce energy use, minimize waste produced and increase the quality recycled, increase the efficiency of their delivery fleet h elp NEXT to increase revenues, profits, earnings per share and dividends per share from 2010 to 2011. It is believed that NEXT will have a brighter future. (IBID).According to the report in Financial Times (2011), FTSE 100 drops to fortnight-low, while NEXT was up 2. 9 percent to ? 26. 14, which plans to launch a fixed-odds sports book next year could boost group profit by 50 percent. The fact claims that NEXT have a specific operating strategy make brilliant finance performance. 4. 2. Finance of NEXT The sources of finance of NEXT were used include following: * Use of funds: According to NEXT report (2010), the company use funds for registered charities, groups or organizations and purchased a further ? 1. 4million shares at a cost of ? 28million. * Internal Sources of Finance: 1) Short-term: ? Delay payment to creditors: For NEXT, the business has more trade payables in 2011 than 2010, it delays payment to creditors can keep cash longer. ‘Suppliers are in effect offering a b usiness an interest-free loan, the period of the ‘loan’ is extended and funds can be retained within the business. ’ (Peter et al, 2008:395). ?Tighter credit control: ‘All customers who wish to trade on credit terms are subject to credit verification procedures. ’ (NEXT plc, report of 2010:79). It is possible for the business to reduce the proportion of assets held in this form and so release funds for other purposes. 2) Long-term: Retained profit: From 2009 to 2011, the profit earnings have been increasing from ? 1523. 2, ? 1615. 2, to ? 1782. 6. (NEXT, 2010: 46) The profits are retained within the business rather than being distributed to shareholders in the form of dividends, the funds of business are increased. * External Sources of Finance: (1) Long-term: ? Ordinary shares: For NEXT, the ordinary shares were changed several time at different time because of the high risks associated with this form of investment, the ordinary shareholders also re quired a comparatively high rate of return. Loans: The unsecured bank loans in 2010 is ? 75million and ? 115million in 2011. Their interest rate are ? 22. 7million and ? 24. 3million. (NEXT, 2010:47). ‘The company’s medium term borrowing facilities may be subject to early repayment if a majority of lending banks gave written to notice to the company within 30 days of the change of control. In addition, there are some security social costs. ’ (NEXT, 2010:24). This means interest will be paid only on amounts drawn and so the business will not have to pay interest on amounts borrowed that are temporarily surplus to requirements.Term loans tend to be cheap to set up and can be quite flexible as to conditions. Besides, corporate bonds are a type of long-term loans. In 2010, it is ? 520. 9million and ? 471. 2million in 2011. The decreased gearing ratio states the company has the lower risk to pay the interests on its loans. (Peter et al, 2008:399) (2) Short-term: ? Ban k overdrafts: The bank overdrafts in 2010 is ? 4. 7million and ? 10. 2 million in 2011. It represents a very flexible form of borrows and easy to arrange as the size of bank overdraft can be increased or decreased. Debt factoring: Take over NEXT’s debt collection agencies. ‘It can result in savings in credit management and create more certainty with the cash flows. It can also release the time of key personnel for more profitable activities. ’(IBID:425) 4. 3. Ratio Analysis Profitability | Year 2011| Year 2010| Gross Profit Margin| 29. 21%| 29. 26%| Net Profit Margin| 16. 67%| 15. 58%| Return on Capital Employed (ROCE)| 60. 01%| 56. 72%| Asset Turnover| 3. 60| 3. 64| The gross profit margin was decreased 0. 05% from 2010 to 2011. The lower the gross profit margin, the worse for the company.The decline in this ratio is because of the change in the cost of goods sold, the stock sell more expensive; this year more inventory wastage and fewer products selling than la st year. The net profit margin increased 1. 09% due to the expenses being controlled very well. The business can make more profit, means the bigger, the better. The ROCE ratio increased 3. 29%, which comes from the returns from the bank. It measures high efficiency the assets are used to generate profit, the bigger ratio, the better return. The asset turnover decreased 0. 04. This result is affected by the increased ROCE.The smaller, the worse for the company. Efficiency | Year 2011| Year 2010| Inventories Turnover| 55. 0 days| 46. 8 days| Trade Receivables Turnover| 56. 4 days| 55. 7 days| Trade Payables Turnover| 29. 2 days| 26. 5 days| The inventories turnover increased 8. 2 days. The more frequently stock is turned over the better. The reason of the improvement is the more inventories and lower cost of sales in 2011 than 2010. The trade receivables turnover has a slight increase as at 0. 7 days. It means more cash was tied up in trade receivables for each ? 1 of sales revenue in 2011 than in 2010.Therefore, it is bad for the company. It may because of incurring lower expenses, such as discounts allowed to customers who pay quickly in 2010. The trade payable turnover increased 2. 7 days, in the average length of time that elapsed between buying inventories and services and paying for them. This result depends on the length of credit period agreed with trade creditors. It is beneficial because the business is using free finance provided by suppliers. Liquidity | Year 2011| Year 2010| Current Ratio| 1. 28:1| 1. 37:1| Quick Assets Ratio| 0. 84:1| 0. 97:1| The two current ratios are between 1 and 2. A range from 1 to 2 is considered optimum. ’ (Patel, 2010:11). It decreased 0. 09 because of the type of the business of NEXT, the higher the ratio, the more liquid the business is considered to be, the decline is good for the company. The quick assets ratio decreased 0. 13 due to stocks removed from the numerator. ‘The optimum range is usually consider ed to be in the range 0. 75-1. 00. ’ (Patel, 2010:12). It is obvious to see that the ‘liquid’ current assets do not quite cover the current liabilities, so the business may be experiencing some liquidity problems.With the decline of the quick assets ratio, it is beneficial for the company. Capital Structure | Year 2011| Year 2010| Gearing| 49. 1%| 55. 7%| Interest Cover| 23. 7 times| 21. 0 times| ‘Broadly, the gearing range 30% – 60% is considered OK. ’ (Patel, 2010:2). The gearing decreased 6. 6%, because it has borrowed more in 2010 than 2011. ‘The higher the gearing, the higher the risk that the business will be unable to pay the interest on its loans or make repayments in times of economic recession. ’ (Jill et al, 2007:197) So, this is good for the company. The interest cover increased 2. times, because the decreasing long-term debts. ‘Generally, a figure over 2 is needed to be on the safe side. ’ (Patel, 2010:4) . It is positive for the company, the higher the level of operating profit coverage, the smaller the risk to the shareholders. Investor | Year 2011| Year 2010| Earnings per share (EPS)| 221. 9p| 188. 5p| Dividend Cover| 3. 1 times| 3. 4 times| Return on Equity (ROE)| 2. 7| 1. 7| The latest price earnings ratio (PE) is = 11. 44 (Financial Times @ 24/10/2011) The latest dividend yield is = 3. 32% (Financial Times @ 24/10/2011) The EPS increased 33. p because of particular business over time. The bigger, the better for the company. The dividend cover decreased 0. 3 times because of the proportion of earnings have been paid out as dividend is changed. ‘The more usual situation of a high value, greater than 1, shows only a proportion of the profits being paid out as dividend. The higher the figure the more profits have been retained in the business. ’ (Patel, 2010:7). The ROE was increased 1. 0. It is a very big improvement, because the company put much profit on equity hold ers than shareholders’ equity.For the company, the bigger, the better. 4. 4. Application of roles to NEXT Based on the annual report and accounts of NEXT in January 2011, it is one part of financial accounting. The financial statements such as Income Statement, Balance Sheet and Cash Flow Statement show evidence of financial accounting, because all of the finance information and financial ratios can help assessing the financial health of NEXT, and examine various aspects of financial position and performance. They are helpful to plan and control operating purposes for NEXT.By considering the main sources of finance of NEXT to examine various aspects of the capital markets and identifying the factors that must be taken into account when managing the working capital of NEXT, the business can make financing decisions on investment and new objectives and so on. These evidences can be the role of financial management. Because of the management accounting consists of costing, budge ting, standard costing, short-term decision making, strategic management accounting, capital investment appraisal and discounted cash flow. There is no evidence in this case, therefore, For NEXT, it has no management accounting. . Conclusion In order to make a financial analysis of NEXT plc, the essay was first to identify the three main roles of accounting and finance to an organization, they are financial accounting, financial management and management accounting. After that, it discussed some issues of NEXT, such as the history, size, future, economic climate and topical information and so on. Based on the NEXT annual report and accounts in January 2011, to understand how the company is financed, the report was listed some sources of finance which NEXT used, added the changes and the reasons as well.Following was the ratio analysis for NEXT, including profitability, efficiency, liquidity, capital structure and investment ratios. Through the results, it was clear to see the trend and effects on NEXT. Finally, by examining the annual report and accounts, it has applied the roles of accounting and finance to NEXT. In this case, NEXT plc applied the financial accounting and financial management. To sum up, financial analysis is the important basis for evaluating financial position and operating performance. It also realizes financial goals and the important steps to implement correct investment decisions. . References 1. Johal et al, (2010) in Patel, S. ,(2011), What is Accounting, University of Central Lancashire. 2. Jones, M. (2006), Accounting, John Wiley, Chichester. 3. Eddie McLaney, Peter Antrill (2005) Accounting: An Introduction, FT Prentice Hall. 4. Peter Atrill, Eddie McLaney, (2008), Accounting and Finance for Non-Specialists, FT Prentice Hall. 5. Jill Collis and Roger Hussey, (2007), Business Accounting, Palgrave Macmillan 6. Patel, S. , (2010), A Ratio Analysis Worksheet (Part 1and 2), University of Central Lancashire. 7.Financial Times, (2011), FT SE 100 Drops to Fortnight-low, p4, 20 October 2011. 8. Financial Times, (2011), Companies & Markets: Retailers: NEXT plc, 24th October 2011. 9. NEXT plc, (2010), Annual Report and Accounts. 10. Next Corporate, (2011), About Next. Available at: http://www. nextplc. co. uk/about-next. aspx. Accessed: 25th October 2011 6. Appendices 1) Profitability Ratios: Gross Profit Margin = Gross ProfitSales * 100% FY 2010: Gross Profit Margin = 996. 93406. 5 * 100% = 29. 26% 2011: Gross Profit Margin = 1008. 73453. 7 * 100% = 29. 21%Net Profit Margin = Profit before Taxation and InterestSales *100% FY 2010: Net Profit Margin = 505. 3+25. 33406. 5 * 100% = 15. 58% 2011: Net Profit Margin = 551. 4+24. 33453. 7 * 100% = 16. 67% Return on Capital Employed = Profit before Taxation and InterestTotal Assets less Current Liabilities * 100% FY 2010: ROCE = 505. 3+25. 31693. 5-758. 1 * 100% = 56. 72% 2011: ROCE = 551. 4+24. 31792. 3-832. 9 * 100% = 60. 01% Asset Turnover = SalesTotal Assest less Current Li abilities FY 2010: Asset Turnover = 3406. 51693. 5-758. 1 = 3. 64 2011: Asset Turnover = 3453. 71792. 3-832. = 3. 60 2) Efficiency Ratios: Inventories Turnover = InventoriesCost of Sales * 365 FY 2010: Inventories Turnover = 309. 02409. 6 * 365 = 46. 8 days 2011: Inventories Turnover = 368. 32445. 0 * 365 = 55. 0 days Trade Receivables Turnover = Trade ReceivableSales * 365 FY 2010: Trade Receivables Turnover = 520. 23406. 5 * 365 = 55. 7 days 2011: Trade Receivables Turnover = 533. 33453. 7 * 365 = 56. 4 days Trade Payables Turnover = Trade PayablesCost of Sales * 365 FY 2010: Trade Payables Turnover = 175. 02409. 6 * 365 = 26. 5 days 2011: Trade Payables Turnover = 195. 52445. * 365 = 29. 2 days 3) Liquidity Ratios: Current Ratio = Current AssetsCurrent Liabilities FY 2010: Current Ratio = 1041. 2758. 1 = 1. 37:1 2011: Current Ratio = 1067. 3832. 9 = 1. 28:1 Quick Assets Ratio = Current Assets-InventoriesCurrent Liabilities FY 2010: Quick Assets Ratio = 1041. 2-309. 0758. 1 = 0. 9 7:1 2011: Quick Assets Ratio = 1067. 3-368. 3832. 9 = 0. 84:1 4) Capital Structure: Gearing = Long-termnon-currentloansTotal Assets less Current Liabilities * 100% FY 2010: Gearing = 520. 91693. 5-758. 1 * 100% = 55. 7% 2011: Gearing = 471. 21792. 3-832. 9 * 100% = 49. % Interest Cover = Profit before Taxation and InterestInterest Payable FY 2010: Interest Cover = 505. 3 +25. 325. 3 = 21. 0 times 2011: Interest Cover = 551. 4+24. 324. 3 = 23. 7 times 5) Investment Ratios: Dividend Cover = Profit on ordinary activities after taxationOrdinary equitydividends FY 2010: Dividend Cover = 364. 1108. 5 = 3. 4 times 2011: Dividend Cover = 401. 1129. 6 = 3. 1 times Return on Equity (ROE) = Profit on ordinary activities after taxationEquity Shareholders'Funds * 100% FY 2010: ROE = 364. 1133. 6 * 100% = 2. 7 2011: ROE = 401. 1232. 3 * 100% = 1. 7

Sunday, September 15, 2019

The Desert Island Problem

The ss Minnow was a little cruise ship manned by a small crew and several groups of passengers. It was caught in a tropical cyclone which blew it thousands of miles off course for several days. In the second day of the storm, the radio and all communication means were destroyed after the ship had sent out a distress call, expressing the fear that the ship would go down. Many days later, after the ship had been tossed through the South Pacific, the ship ran aground on an island which the Captain realised was a remote and uncharted and probably undiscovered new volcanic island.The implication of all this is that eventual rescue is remote but cannot be ruled out if they survive long enough: search and rescue would be based on the last plotted position thousands of miles away on the belief that the ship may have sunk at that point; the island is not near any trade route. This is before the days of GPS and satellite tracking. The Hapsburg family (a group of six) has lots of money, gold, j ewellery, and are willing to offer these for anything they want. The Doonesbury clan (all twenty of them) brought their own canned food, which will last them a couple of weeks with careful hoarding.The dozen Klungs have, upon coming aground and realizing their situation, enterprisingly gathered all the coconuts on the very small island, and now hold the monopoly on them. The ten Corleone brothers broke into the ship’s store and grabbed all the ship’s food, which will last them two week if they do not share them. The Rotweilers (husband and wife) have a shotgun between them, which can be used to hunt birds for food but which they are threatening to use to hold up the others if they do not get the lion’s share of the available food.They have enough buckshot for three dozen rounds which means that they can kill many of the others but not even half of them. The Clements are the largest group, equal to everyone else put together, but have nothing. The Captain and his trusty First Mate, Gilligan, have fishing tackle from the ship, which hold the key to long term survival by fishing and some flares which will be crucial for getting attention if a plane or ship comes near.They have hidden these in a spot on the island which only they know about. There is a freshwater spring on the island which is the source of drinking water but food shortage will fast put an end to them unless they are rescued (in which case the flares may be crucial), or they use the Captain’s fishing tackle. If all the current food is put together, they may have enough for one, may be two weeks, with a bleak chance of rescue in that time.If some group manages to buy, extort or steal the bulk of the food, they may last longer, five to six weeks with a far greater chance of being found and rescued. The Captain and Gilligan figure they can use their hidden fishing tackle and flares as leverage, but they must persuade the others to cooperate in a scheme that gives them a bes t chance of survival. What is this scheme, and what reasons would you give for adopting it, if you were the Captain and Gilligan? Is moral appeal at all relevant?

Saturday, September 14, 2019

Lady Macbeth Coursework Essay

When Shakespeare was writing ‘Macbeth’, most people believed that the Sun went around the Earth and that magic and witchcraft existed. This made them very superstitious indeed. Religion was also a dominant factor at the time. All children were baptized, soon after they were born. This then enabled them to be taught the essentials of the Christian religion. Education at the time was only best for the rich. Shakespeare was one of the lucky ones; because of him being brought up in a very wealthy society he got the chance to be well educated. This then got him writing plays such as Twelfth Night, Hamlet and including Macbeth. He is now widely regarded as one of the greatest writers in English literature. In ‘Macbeth’, Lady Macbeth can be seen in many ways which can be related to Macbeth’s villainy. She can be seen as the protector/protected, manipulator, victim, Jacobean wife and also how she is in charge of the relationship with Macbeth. Manipulation is the process of bending another to your will and making them believe or do something that they normally wouldn’t do. Manipulation can be seen when both Lady Macbeth and Macbeth plot to kill their own King (King Duncan). â€Å"And live a coward in thine own esteem†, in this quotation we can see that Lady Macbeth is literally saying to Macbeth that he is only being a coward to himself if he was going to back away from the deed. Lady Macbeth uses such strong words so that Macbeth has a greater chance of not backing down to the regicide. From analysing the quote ‘live a coward in thine’ we can clearly see that the word ‘coward’ is emphasised with the word ‘thine’. The word ‘coward’ means someone who is afraid and someone with no bravery at all. This is important to me because it gives a great impact to the reader that Macbeth is being called a ‘coward’ by his own wife. This to me sounds like Lady Macbeth is acting in a very sly way to get her husband to do what she wants him to do. Another example of manipulation can be seen when Lady Macbeth is talking about the plot to kill the King with Macbeth. â€Å"These deeds must not be thought after these ways†¦so, it will make us mad†. Here we can see that Lady Macbeth is trying to bend the situation a bit so that it goes to her favour. In other words, telling Macbeth to not worry about what has happened. ‘It will make us mad’. In this quote the word ‘mad’ is important because it is being emphasised so that Macbeth is more alert about the murder. Mad is an adjective which is usually associated with people that are not acting in a normal way. To me this suggests that Lady Macbeth is saying that if you don’t forget about the deed, we are going to be in a normal state. We can also see Lady Macbeth in control of the relationship with Macbeth when she helps Macbeth with the murder of King Duncan, making the guards drunk, assuring that Macbeth doesn’t get caught in the process. â€Å"Only look up clear; to alter favour ever is to fear. Leave all the rest to me†. In this text we can literally see that Lady Macbeth is giving Macbeth the opportunity for her to do most of the covering up, this clearly indicates Lady Macbeth taking the role of being the ‘protector’ towards her husband. By the use of the command ‘Leave all the rest to me’ this to me emphasises that she is the dominant character at this specific part of the scene. The word ‘leave’ is a command that you would usually use after a word, in this occasion Lady Macbeth has used this at the start of the sentence which to me sounds more appealing for the reader too. Furthermore, she implicates to ‘the rest’ as referring to the King, the daggers and the stewards. This to me shows that she is telling Macbeth that she can take control of situations like these. The relationship between Macbeth and Lady Macbeth does not always go in Lady Macbeth’s favour. In this case she is more of a ‘victim’. This can be seen at the end of the story when she is guilty of all the murders which that she has contributed to, this then leads her going ‘mad’. â€Å"The thane of Fife he had a wife, where is she now?† by examining this text, we can see that now Lady Macbeth is in a ‘half away/half dreaming’ state to hold herself for all the deeds that Macbeth has committed, this to me explains why she is asking such questions. ‘The thane of Fife he had a wife’, here by Lady Macbeth using the past tense ‘had’ it shows to me that a level of confusion has taken place. This is then emphasised when she adds on the question at the end of the sentence. Therefore, in the reader’s point of view, it shows us that she is behaving in a ‘mad’ sort of manor, which isn’t rea lly seen before. We can say that Lady Macbeth is the catalyst of the murder. Furthermore, she can be known as the protector and the protected. Macbeth is one character who tries best to protect Lady Macbeth. When Banquo was murdered, Macbeth kept Lady Macbeth in complete darkness. â€Å"Be innocent of the deed, dear chuck†, this quote suggests that Macbeth is trying to protect her and is shown as the ‘protected’. By the use of the words ‘be innocent’ it suggests to me that Lady Macbeth is forcing Macbeth to ‘be innocent’, this is because the command is used at the start of the sentence which usually indicates that the person is in control. The whole quote â€Å"Be innocent of the deed, dear chuck† infers that she wants him to forget about the murder, showing that she’s a protector. Lady Macbeth can also be seen as a protector when she responds to Macbeth’s actions. â€Å"Leave all the rest to me†. In this quote we can clearly see Lady Macbeth as the dominant character in their relationship and also as the protector towards her own husband. By looking at the text used and concentrating on the word â€Å"me†, we can see that Lady Macbeth could be using the word as in referring herself to the ‘manipulator’,’ protector’ or even the victim. Also by use of the words â€Å"the rest†, this could give the reader a thought that it can be referred to or mean the king, or his guards, the daggers or can simply mean different abstracts such as shame, guilt, and consequence. This to me shows a perfect demonstration on how Lady Macbeth is being a protector and manipulator towards Macbeth to get her own way. Lady Macbeth is not always seen as the catalyst. In this case it is shown when she takes the role of being a ‘victim’. â€Å"Unsex me here†. In this quote it shows that Lady Macbeth is asking for her feminine side to be taken away. This to me shows that she is making a change from the typical female stereo type (e.g. kind, vulnerable) to a more masculine character (e.g. leader, ‘macho man’). This change could have made her more manipulative towards Macbeth and in a leading role, but in the state she is in now she is seen more as the victim. Lady Macbeth can also be seen as ‘victim’ in the quote â€Å"sweeten this little hand†. Here we can see that what Shakespeare is trying to say that, because of how Lady Macbeth’s contribution to the regicide, she is trying to forgive herself for what she has done wrong. By the use of the words ‘sweeten’ and ‘little’, it clearly shows that she’s vulnerable and delicate. By the use of words like these it also infers Lady Macbeth’s sorrow and the role of her being a victim. Overall we can see that Lady Macbeth is the dominant character that contributes to Macbeth’s villainy in many ways. Killing a king in the was the worst crime you could possibly do in Shakespeare’s time.

Professional ethical dilemma paper Essay

The dilemma I went through had something to do with integrity, friendship, and professionalism. I was in a quite major project with a classmate, let us call him JK, and my classmate was financially supportive of the project. I am not very close to JK, but we are nice to each other and he has beautiful insights. However, he refused or made excuses when it was his turn to get down to work. I feel that it was just plain laziness, but finds it hard to point it out to him straight out. Needless to say, I was doing all the work and he was just sharing on some expenses. For instance, he would buy the food when we have to work on the project and just sleep through most of the project while I do all the work. He felt that his financial contributions will suffice to be counted in the project, and it was hard to decide what steps to take because I want to remain a helpful and nice classmate while teaching him the value of hard work. Analysis   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Looking at the issue, there is really no difference of power between the people involved—me and JK. We were classmates, and so we are equals. Despite his repeated offers for financial contributions, I also cannot say that he is financially superior than me. The issue was the cooperation between the two of us to successfully complete the project. We were touching on each otherÅ› values because he was loosing his integrity, honesty, and sense of cooperation. When the teacher asks for updates, he pretends to be very cooperative when in reality he has not even written a single page for the project. The problem is that when I tell the teacher that he has not been cooperating he will fail the subject—the project is his last hope. Yet if I do not speak up he will get a grade he does not deserve, taking credits that actually belong to me. Outcomes   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   I decided to talk to JK about the problem. I told him that I do not need his money, and that what I need is his actual work as contribution to the project. I specified to him that I need pages to be done, edited, and proofread. I pointed out to him that I need ideas, insights, analyses, and that I need the extra hand for all that work. I ended by telling him that if he cannot do that, I can do the project all by myself and just tell the teacher that he is no longer part of the project.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Fearing that he will loose his last chance to pass the subject, he started cooperating. I gave him a copy of the whole work that we have done so far, and he promised to catch up. I realized it was hard for him, and that he is not a fan of writing either. I realized it was the reason why he diverted his contribution to giving money. Discovering this, I delegated him to writing the drafts and doing the research, while I typed, constructed paragraphs, edited, and proofread.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In the end, I saved myself from gaining an enemy—which is what me and JK will most likely end up if I told the teacher about him, and I also saved JK from failing the subject. I would say that I also saved the teacher from the extra work of minding JKÅ› attitude, and re-educating him. Going back to myself, I also became aware that nothing is impossible with communication. Sure, JK did not become the perfect partner after we talked. Yet, it became easier for me and him to work for the completion of the project. Post-Course Views   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Looking at the topics and lessons that the course have covered and taught me, I would say that given another situation similar to this professional ethical dilemma, I will still do the same action that I did. It was unethical that I did not tell the teacher, but I had other plans. I initiated to solve the problem, talked JK out of it, and we solved the problem and completed the project between ourselves. Yet if JK did not respond to the signals and warnings I sent, and it happened now, I will choose to speak to the teacher and push JK out of the project. It was the right thing—the ethical thing—to do as it keeps me honest with the teacher, myself, and JK. It also teaches him a valuable lesson about hard work.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Having learned professionalism, ethics, and other values at work, I would say that it is easier now to make ethical and morally right choices. Because I am older and wiser now, I know that it is no longer too hard for me to speak up and correct others’ mistakes.

Friday, September 13, 2019

Facilities Management Essay Example | Topics and Well Written Essays - 500 words

Facilities Management - Essay Example This integration actually links the system or the project with the external environment along with the different available resources. It acts positively in infrastructure development and efficient use of the project (Project Integration, p.1). Business value talks about the company's condition and strength in the long term. When we consider the business value we not only mean the firm's worth and value in the future only, but also its importance and usefulness to all its stakeholders including customers, suppliers, shareholders etc. In addition to it, for the measure of any organization's business value both tangible and intangible assets are equally important. For years the concept of business value is taken into consideration in many different ways but one cannot deny the fact that the linkage of external environment with the internal environment of the company has an impact on the business value as a whole. It is immensely important for the success and growth of an organization that all the related areas are linked effectively so that a perfect business value for a firm can be maintained (Business Value, p.1). On the contrary, real estate market value deals with the immovable property or land along with anything that is built on it, for example building.

Thursday, September 12, 2019

Manageing Homeland Security Essay Example | Topics and Well Written Essays - 1250 words

Manageing Homeland Security - Essay Example terrorism provokes deep fear and insecurity -- more than other forms of violence. Terrorists strike innocent civilians, often randomly, and without warning. We think we can protect ourselves against other forms of violence, but we feel defenseless against terrorists. ..Terrorists know this, and they seek to use intimidation to impose their political or other agendas. Killing is only a means to that end. By creating fear and panic, terrorists try to extort concessions or to weaken and discredit governments by showing they are unable to protect their citizens. Thus, emergency management is the coordination of a city-wide cooperative involvement to ensure the entire safety of that community. Such events that could arise that this committee would be called upon would be natural disasters such as floods, earthquakes, hurricanes, etc. and other disasters such as terrorism as has been mentioned prior. As the Emergency As the Emergency Management Coordinator it is my job to activate the necessary mobile force that would generate the appropriate level of action for when these events occur. As such I am in charge of decided a plan of action such as emergency evacuations of houses for when a natural disaster has been proclaimed through the national weather service. I would have to use the aid of the committee and local police force to aid in making sure the entire community is safe and re-located in enough time to prevent injury or death. As the Emergency Management Coordinator it is necessary to wake the entire community aware of evacuation procedures, where to go, where to relocate, and how to get in touch with family members who may have become separated from each other. A post will be set up in the evacuation area, which will usually be in a large arena in the next city in case of a flood, or hurricane and there will be several posts in town where people can go in case of a tornado or earthquake to receive temporary shelter, food, and to locate their family. There is a lot involved in being an Emergency Management Coordinator, but with the cooperation of the community, presenting the facts of where to go when an emergency occurs, the movement of an entire city prior to such a catastrophe should not be too difficult. The temporary shelters will be in locations such as area YMCAs, malls, high schools, and other large buildings that will be commandeered during this time. Food will be provided through such agencies as Red Cross and other donations until such a time as rebuilding and moving back into the area will occur. As the Emergency Management Coordinator it is my job to act as swiftly as possible to ensure the safety of the lives in this community and I will do this job with the utmost of my ability. Question Two For the modern thinkers, the most rational reason behind war is "patriotism".1 Thus, in order to coincide the active and willing participation of the hospitals, the police, and the fire department a mutual understanding of their pulled