Carla F. Tucker - Serial Killer Research Paper Example | Topics and Well Written Essays - 1250 words

Carla F. Tucker - Serial Killer - Research Paper Example Karla Faye Tucker: Pickaxe Murderer Karla Faye Tucker, the infamous pickaxe murderer, made headlines in 1998 when she got executed. After all, she was the first woman to be executed in the state of Texas after more than a hundred years. Her story goes like this: On June 13, 1983, she and friend Daniel Ryan Garret went to Jerry Lynn Dean’s house. Tucker knew Dean because he was the husband of her best friend. She, however, disliked him because he once stained her living room because he had parked his motorcycle there, with dripping oil. He also destroyed Tucker’s pictures of her mother. So Tucker and Garret went to Dean’s house to steal the Harley Davidson motorcycle (Stewart, 2011). Upon seeing Dean, Garett attacked him with a hammer. The victim was making a bubbling sound that irritated Tucker so much that she finished him off by stabbing him with a pickaxe (Stewart, 2011). They noticed another woman in the apartment. This was the second victim, Deborah Thornton , who was hiding under some sheets in a corner. Thornton was there because she fought with her husband, went to a party and met Dean. High because of the kill they made minutes ago, Tucker attacked Thornton with her pickaxe, stabbing her many times and finally leaving the dead body with the pickaxe still stuck on the torso. They took Dean’s money and stole his car when they left. The police was alerted and several of Tucker’s phone calls were wiretapped. It was heard there that tucker experienced orgasms every time she places a blow on her victim’s bodies. After a little more than a month, on July 20, 1983, Garret was arrested when he was leaving his house to go to work. Tucker was arrested on the same day along with a third suspect named Albert Sheehan (Stewart, 2011). Before a jury of eight women and one man, Tucker faced her trial on April 11, 1984. Her trial was presided over by a female judge. The third suspect, Sheehan, denied all charges against him and t estified against both defendants, but admitted that he indeed went to Dean’s apartment. There were no witnesses for the defense. After just seventy minutes of deliberation, the jury decided to convict Tucker. Because she was now convicted, the trial is now on the penalty phase (Stewart, 2011). This time, the defense called in a female psychiatrist. The psychiatrist then told the panel that Tucker was on drugs since she was nine. She also described Tucker’s state of mind when she did the killings. Tucker was allegedly intoxicated with methadone, heroin, valium, marijuana, tequila, among others drugs. The psychiatrist also refuted Tucker’s claim that she derived sexual pleasure when she was stabbing her victims’ bodies. In fact, the psychiatrist claimed that it was unlikely for Tucker to have experienced real sexual satisfaction in her life (Stewart, 2011). When it was Tucker’s turn to tell her side of the story, she told the jury that the killings w ere â€Å"not real† for her. â€Å"I did not see the bodies; I do not remember seeing holes or blood† (Stewart, 2011). For three hours, the jury deliberated her case and on April 25, 1984, the jury recommended that Tucker be sentenced to death by lethal injection. For eleven years, Tucker spent her life on the female death row at Gatesville penitentiary and made appeals, even to the state governor at the time, George W. Bush, for clemency. All of her appeals were rejected. On February 2, 1998, she was

Factors affecting intellectual development Essay Example for Free

Factors affecting intellectual development Essay -Whichever has a bigger influence remains a debate until now because some studies proved that heredity has a bigger influence on intelligence while some studies showed the opposite. The important point is that the interplay of both heredity and environment is essential for maximum development of the intellectual abilities of the individual. Other factors affecting Intelligence: 1. Culture Different cultures foster different patterns of ability. For instance, students from Sri Lanka showed higher score in verbal ability than the Americans. -This can be explained by the fact that in Sri Lanka, the philosophers and the poets were admired rather than the scientists or engineers. 2. Sex It is not true that males are more intelligent than females. However, studies show that boys excel girls in spatial ability, in problem solving, and numerical ability whereas girls excel boys in memory, reasoning, and fluency. -The difference is not due to solve problems since they will be the heads of the families. Girls have been trained to do light work since they will be the homemakers, anyway. 3. Health Studies have shown that high IQ goes with healthy condition of the body. -In school; healthy children have better chances of learning, they can concentrate better in their studies and they are often active and enthusiastic about classroom activities. 4. Race No one race is endowed with better intelligence than others. -Differences in achievement of races are due to better opportunities and facilities found in developed countries. 5. Socio-economic status Studies have shown that children from higher socio-economic scored higher in  intelligence tests. -Again, greater opportunities and money account for this. The rich can send their children to better schools and can provide stimulating environment to their children. However, there are geniuses and idiots among them as there are among the poor.

Is Achilles right when, in the Iliad XVIII and subsequently, he Essay

Is Achilles right when, in the Iliad XVIII and subsequently, he bitterly blames himself for the death of Patroklos? The main theme of the poem, which is declared at the very beginning is the ‘wrath’ of Achilles. From this we are taken on a journey of human and divine responses. This central theme empowers a magnificently ‘articulated composition out of confusion of battle’.[1] Events that take place during this journey allow Homer to display and develop, within the social framework of heroic honour, the ideas of conflict, isolation, and reconciliation. Within this essay I will try to address one such consequence, the death of Patroklos, and see who, what or why this death occurred. Several factors need to be addressed in doing this, divine and human intervention and re-evaluations of positions. The question of influence from the ‘divine machinery’ is a very interesting one, it could be argued that they are there to dramatise a view of the human condition in which man is a prey to conflicting amoral forces. The ‘will of Zeus’ was not the catalyst that brought about the downfall of Patroklos, the request from Achilles came prior to this. The poem from that request unfolds to provide a balanced, symmetrical prose, one that provides necessary casualties along the way. It is with certainty though that their ‘influence’ is felt and witnessed throughout this journey, one that Albin Lesky raises with much success. He suggests that that divine and human causation is felt throughout, ‘a warrior feeling an irresistible courage’, this courage is explained away with the gods. What Lesky then goes onto say is that the human and divine work along side each other, one strengthens the other and that ‘the whole world is full of their influence’. A great warrior could attribute his ‘gift’ to the gods, and when his greatness escapes him ‘they’ are to blame. But this does not clear man of his responsibility, what he does with these divine gifts are solely down to him. This brings me back to the question of who was to blame? It could be suggested that Apollo had a hand in this down fall, he is responsible in setting actions in motion (1.43-52) and then again (24.33-54). But again it can be said that this too was a reaction to earlier requests. What it does show however is the balance which Homer provides throughout the poem. Apollo’s ... ...eresting one, not until book twenty four does Achilles finally eat and when he does, with Priam it symbolises his outwardly change, ‘he is urging a mutual activity, a token of common humanity’[4] The conversation between Achilles and Priam is one of understanding and remorse. In Achilles’ treatment of Priam there is real magnanimity, his anger cools and he looks beyond it to a serene and steady acknowledgment that man can do no more than bear the random fusion of good and bad, and with food, eating means living, and even grief must yield to necessity. Amid the human hope and in the knowledge of imminent death, Achilles for the first time sees life steadily and sees it whole. Together the divine and human influence reveal in the poem a linear impetus that supplement the equilibrium and the symmetry. The result is a twofold construction that is together cruel and cordial, but work beautifully in taking us to a roller-coaster conclusion. --------------------------------------------------------------------- [1] Lesky, Divine and Human Causation in Homeric Epic [2] Taplin, Homeric Soundings [3] Rutherford, Homer (1996) [4] Taplin, Homeric Soundings (1992)

Net Present Value and Papa Geo

Papa Geo’s – Restaurant Budget Proposal For 2012 – 2017 BUSN-278 [Term] Professor[name] DeVry University ————————————————- Table of Contents Section| Title| Subsection| Title| Page Number| 1. 0| Executive summary| | | | 2. 0| Sales Forecast| | | | | | 2. 1| Sales Forecast| | | | 2. 2| Methods and Assumptions| | 3. 0| Capital Expenditure Budget| | | | 4. 0| Investment Analysis| | | | | | 4. 1| Cash flows| | | | 4. 2| NPV Analysis| | | | 4. 3| Rate of Return Calculations| | | 4. 4| Payback Period Calculations| | 5. 0| Pro Forma Financial Statements| | | | | | 5. 1| Pro Forma Income Statement| | | | 5. 2| Pro-Forma Cash flow Statement| | | | 5. 3| Pro-Forma Balance Sheets| | 6. 0| Works Cited| | | | 7. 0| Appendices| | | | | | 7. 1| Appendix 1: [description]| | | | 7. 2| Appendix 2: [description] etc| | * 1. 0 Executive Summary 1. 0 Executive Summary * * T his budget proposal is for the starting and running of a single location, sit-down Italian restaurant named Papa Geo’s.The restaurant would be located in Orlando, Florida and would majorly target middle to lower-middle class families with children, as well as adults and seniors, thus making it a friendly and family place. The major product and service provided by the restaurant would be Italian food served buffet style with an all-you-can-eat format with a lot of variety including a salad bar, pizza, several different types of pasta with three or four types of sauces, soup, desserts, and a self-serve soda bar. There would also be a gaming area within the restaurant with gaming machines installed which would be of interest to children.The business would provide wholesome and fresh food, in a simple format, with very good prices and is located in a densely populated area, all of which would help the restaurant to do well and establish itself as a popular and profitable business . * * * Also, provide a second paragraph which describes how the budget supports the company’s strategy. * * Finally, provide a third paragraph where you summarize the key points from your budget, including the planning horizon, the amount of up-front investment, the NPV, Payback and IRR of the project, as well as key figures from your income statement, cash flow statement, and balance sheet. * Remember, this is not a thesis or introduction of what you will talk about – it contains the major, specific content of each section. The second and third paragraph should be written after you have completed all other sections of this template. * * As you complete sections of this template, please remove all italicized text in all sections of this template and replace it with your own or you will lose points! * * 2. 0 Sales Forecast 2. 0 Sales Forecast * * This section forecasts the sales of Papa Geo’s restaurant over a five-year period.Section 2. 1 gives the estimated sa les figures and a brief explanation on the changes in these figures over the planning period. * Section 2. 2 delves into the details of how this sales estimate has been arrived at, calculations involved and the methods and assumptions used in the process. * Overall, this section is useful is providing an estimate of how much the restaurant can make in sales, given its internal specifics and external environment. * 2. 1 Sales Forecast * * The yearly sales forecast for Papa Geo’s restaurant is given below.In $ | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Sales | 933,504. 00 | 1,555,840. 00 | 1,616,517. 76 | 1,679,561. 95 | 1,745,064. 87 | * My methods and assumptions for arriving at the sales figures in the table are detailed in section 2. 2 The sales figure estimated per my calculations is taken as the sale figure for Year 2. This is because the sales figure arrived at from the calculations cannot be assumed to be sales for Year 1 as the restaurant might not be able to reali ze its full potential and attract the estimated number of customers from day one itself.Also, teething problems with marketing, operations etc might not lead to optimum sales. Therefore, we will project only 60% of this figure as first year sales and use the estimated figure as the sales figure for Year 2. Over the planning period, starting from Year 2 onwards, sales are expected to grow at a rate of 3. 9% every year, in line with industry estimates of the average growth of the restaurant industry in the US (Source: Mintel International, cited in section 6. 0). * * 2. 2 Methods and Assumptions * According to the brief given on Papa Geo’s restaurant, there are about 10,000 families living within 15 minutes of the restaurant. Of these, between 3% and 5% are rich households (Phoenix marketing international, Wikipedia) and it is assumed that another 15% comprise of high income and upper middle class households. That leaves about 80% of the 10000 families in the area,that are the target market for the restaurant. * * According to a research paper (in restaurant. org), American families eat out about 4 times a week.However, considering that our target market comprises of mostly middle and lower income families, I’ve assumed that they eat out only about 2 times a week on an average. This means that, about 16000 families [(80%*10,000)*2] eat out in a week in that area in Ohio, Florida. * * In terms of competition, although it is mentioned that McDonalds, Taco Bell and Wendy’s operate in the area, we assume there are other small places that people might visit to eat out. Also, people might venture out beyond their areas to eat out.Keeping these in mind, we’ve assumed that these four places (Papa Geo’s, McDonald’s, Taco Bell and Wendy’s) will be able to capture only about 85% of these families. (16000*85%=13600/week). Of these four places, since the others are fast food and fast food restaurants generally command a larger footfall than other format restaurants we assume the following about their share in the pie of families: Taco Bell: 30%, McDonald’s: 30%, Wendy’s: 30% and Papa Geo’s: 10% * * i. e, Papa Geo’s can expect to capture 1360 (10%*13600) families per week.Since this is a family dining place, we make another assumption about the composition of the family. We assume that out of a family of 4, two are kids and two adults. Which means that about 2720 (1360*2) kids and 2720 adults (1360*2) will eat from Papa Geo’s per week. * * Given that a meal (including drinks) cost about $7, we make the following assumptions: * Adults visiting the restaurant will have meals (@ $7), on an average. * Kids visiting the restaurants with their families will make a bill of about $4 per head. Given this, we now estimate the weekly sales for adults and kids. Therefore, d * Sales from Adults per week: 2720*7 = 19040 * Sales from Kids per week: 2720*4 = 10880 * * Now, the total sal es (both adults and kids, as part of families) per week can be estimated at: 19040+10880 = $29920 * Therefore, average sales per year = 1,555,840 * The sales figure estimated by these calculations is taken as the sale figure for Year 2. This is because the sales figure arrived at from the calculations cannot be assumed to be sales for Year 1 as the restaurant might not be able to realize its full potential and attract the estimated number of customers from day one itself.Also, teething problems with marketing, operations etc might not lead to optimum sales. Therefore, we will project only 60% of this figure as first year sales, and use the estimated figure as the sales figure for Year 2. Over the planning period, starting from Year 2 onwards, sales are expected to grow at a rate of 3. 9% every year, in line with industry estimates of the average growth of the restaurant industry in the US (Source: Mintel International, cited in section 6. 0). * * * * * * * * * * * * * * * * * * 3. C apital Expenditure Budget 3. 0 Capital Expenditure Budget * * Capital Expenditure Budget: * Item| Cost| Quantity| Total cost| Source| Notes and Assumptions| Cost of registering a business| 300| | 300| ehow. com| Cost of registering includes: actual cost of registering ($70), legal fees and misc expenses (approx $230)| Renovation of facility| 15000| 1| 15000| Given| This includes all kinds of beautification etc that the restaurant needs to start operations| Soda fountain bar| 3621| 1| 3621| Soda-dispenser. om| Prices quoted may or may not be the same at later dates| 2 pizza ovens| 849| 2| 1698| ebay| Prices quoted may or may not be the same at later dates| salad and Pizza/dessert bar| 1450| 1| 1450| ebay| Prices quoted may or may not be the same at later dates| Commercial Refrigerator| 3529| 1| 3529| Coldtechcommercial. com| Prices quoted may or may not be the same at later dates| Cash Register| 170| 2| 340| ebay| Prices quoted may or may not be the same at later dates| Video game ve nding machine| | | | | |Type 1| 550| 2| 1100| ebay| Prices quoted may or may not be the same at later dates| Type 2| 750| 2| 1500| ebay| Prices quoted may or may not be the same at later dates| Laptop for management| 275| 1| 275| ebay| Laptop purchased with Warranty, Price quoted may or may not be the same at later dates| desk for mgmt| 25| 1| 25| ebay| Prices quoted may or may not be the same at later dates| Staff Microwave| 319| 1| 319| ebay| Prices quoted may or may not be the same at later dates| Staff cupboard| 100| 1| 100| Assumed| | taff refriferator| 700| 1| 700| ebay| Prices quoted may or may not be the same at later dates| Tables for the restaurant| 279| 20| 5580| tableschairsbarstools. com| Prices quoted may or may not be the same at later dates| Chairs for the restaurant| 55| 80| 4400| restaurant-services. com| Prices quoted may or may not be the same at later dates| Busing cart for restaurant| 50| 1| 50| ebay| Prices quoted may or may not be the same at later dates| Com mercial dishwasher| 2500| 1| 2500| ebay| Prices quoted may or may not be the same at later dates| Restaurant signage| 124| 1| 124| brightledsigns. om| Although this is a form of advertising, this wouldn't be considered as an operating cost given the long term (more than a year) nature of its use| Total|   |   | 42611| | | * * The above table provides an estimate of the capital budget required for Papa Geo’s restaurant. For each item, sources and assumptions used are explained towards the right side of the table. Other generic assumptions beyond those already mentioned are provided below: * Miscellaneous cooking and handling equipment cost will be considered operational expenses and will not be capitalized given the short term (less than a year) use of such assets.Cutlery, drinking cups etc would be considered to fall into the same category| * The total cost of registration is considered as capital expenditure due to its long term nature of use| * Any fixtures like lightin g etc are considered as operational expenses and will not be capitalizedThe total capital budget required is US$ 42,611. Major component of this budget are renovation and equipment costs, which is true of restaurant businesses. | * * * * 4. 0 Investment Analysis 4. 0 Investment Analysis * 4. 1 Cashflows * Year 1| Year 2| Year 3| Year 4| Year 5| Sources of Cash| | | | | | Total income (from food and vending machines)| 9,38,944 | 15,61,492 | 16,22,390 | 16,85,664 | 17,51,404 | | | | | | | Uses of Cash| | | | | | Cost of Food| 282880| 294195. 2| 305963. 008| 318201. 5283| 330929. 5895| depreciation on equipment| 3069. 2| 3069. 2| 3069. 2| 3069. 2| 3069. 2| Salaries| 348636| 362581. 44| 377084. 6976| 392168. 0855| 407854. 8089| employee benefits| 21887. 2| 22762. 688| 23673. 19552| 24620. 2334| 25604. 92827| utilities| 24000| 24000| 24000| 24000| 24000| credit card fees| 23,473. 60 | 39,037. 30 | 40,559. 76 | 42,141. 59 | 43,785. 11 | inventory holding costs| 2,347. 36 | 3,903. 73 | 4,0 55. 98 | 4,214. 16 | 4,378. 51 | advertising and marketing| 15,000| 10000| 10000| 10000| 10000| Rent| 630000| 630000| 630000| 630000| 630000| Insurance| 1000| 1000| 1000| 1000| 1000| interest| 13320| 13320| 13320| 13320| 13320| ncome – opex (for purposes of tax calculation)| (4,26,669)| 1,57,623 | 1,89,665 | 2,22,929 | 2,57,462 | Taxes| – | 42,558. 10 | 51,209. 42 | 60,190. 80 | 69,514. 82 | add back depreciation (non-cash expense)| 3069. 2| 3069. 2| 3069. 2| 3069. 2| 3069. 2| | | | | | | Net Cash Flows| (4,23,600)| 1,18,134 | 1,41,524 | 1,65,807 | 1,91,017 | * * * Highlights and Assumptions: * For this cash flow analysis, only operating activities are considered nd it is assumed that there are no investing and financing cash flows that may have material impact on the business * Average meal cost $4 in materials and labor, costs expected to increase about 4 percent a year — the same as increase in sales. From the sales forecast page, it is assumed that 1360 fami lies eat at the restaurant per week * Equipment cost depreciated over a 5 year period, on a straight line basis * Salaries assumed to grow at about 4 percent per year * Cost of benefits to increase at 4 percent – in proportion to salaries * Utility bills assumed to average out for the year and over the years * Given : 2. % of sales * 10% of following month's sales is given. For the whole year, assumed at 10% of the year's sales of food only. Vending machine sales not included * Assumed to be higher in the first year and then average out at lesser cost over the next 4 years * Rent assumed to be 15 dollars per sq foot * It is assumed that the entrepreneur take a 100k loan * Assumed tax rate to be 27 percent. Actual tax rate is slab-based and may vary * Includes all capex items except costs of registration and renovation expenses 4. 2 NPV Analysis * Interest rate| 15%| | | | | | | | | | |Year| 1| 2| 3| 4| 5| Cash Flow| (4,23,600)| 1,18,134 | 1,41,524 | 1,65,807 | 1,91,017 | PV f actor| 100%| 87%| 76%| 66%| 57%| PV of cash flow| (4,23,600)| 1,02,725 | 1,07,013 | 1,09,021 | 1,09,214 | Cumulative PV| (4,23,600)| (3,20,875)| (2,13,863)| (1,04,842)| 4,373 | Net Present Value| 4,373 | | | | | * * Highlights and Assumptions: * As can be seen from the above table, the net present value for the project is positive which shows that the project should be pursued. Interest rate of 15% has been taken for calculation, assuming that the project would be financed with debt taken at the rate * 4. 3 Rate of Return * Cost of Capital| 6%| | | | | | | | | | | Year| 1| 2| 3| 4| 5| | | | | | | Net Cash Flow| (4,23,600)| 1,18,134 | 1,41,524 | 1,65,807 | 1,91,017 | PV Factor| 100%| 94%| 89%| 84%| 79%| PV of net cash flow| (4,23,600)| 1,11,447 | 1,25,956 | 1,39,215 | 1,51,303 | Cumulative PV| (4,23,600)| (3,12,153)| (1,86,197)| (46,982)| 1,04,321 | Net present value| 1,04,321 | | | | | | | | | | IRR (Internal rate of return)| 15%| | | | | * * Highlights and Assumptions: * The projec t presents a rate of return on 15% which can said to be attractive, as against a cost of capital rate of 6% * 4. 4 Payback Period * Provide a screen shot of your Excel calculation of the payback period for this venture. * Year| 0| 1| 2| 3| 4| Cash Flow| (4,23,600)| 1,18,134 | 1,41,524 | 1,65,807 | 1,91,017 | Payback| NA| N/A| N/A| N/A| 2. 99| * * Highlights and Assumptions: * The project has a payback period of 2. 9 years, essentially it would pay back for itself in about three years’ time. * * 5. 0 Pro-Forma Financial Statements 5. 0 Pro-Forma Financial Statements * * In this section, the future financial statements of Papa Geo’s restaurant are presented based on certain assumed events and transactions. They are an active planning tool and tend to give an indication of the company’s performance in the future based on certain assumptions. * * Pro-Forma Income Statement | Year 1| Year 2| Year 3| Year 4| Year 5| |   |   |   |   |   |Total Sales| 938,944 | 1,561,492 | 1,622,390 | 1,685,664 | 1,751,404 | Total Variable costs| 657,337 | 699,718 | 727,663 | 756,725 | 786,948 | Contribution Margin| 281,607 | 861,774 | 894,727 | 928,938 | 964,456 | Total Fixed Costs| 708,276 | 704,152 | 705,062 | 706,009 | 706,994 | Total Income before Tax| (426,669)| 157,623 | 189,665 | 222,929 | 257,462 | Tax Expense| 0| 42558. 014| 51209. 41996| 60190. 80097| 69514. 82326| Net Income| (426,669)| 115,064 | 138,455 | 162,738 | 187,947 | * * Assumptions and Highlights: * This Pro Forma Income Sheet is prepared in Contribution format. A contribution income statement breaks costs down between variable costs and fixed costs. Contribution income statement is only an internal financial planning tool and cannot be assumed to reflect accounting norms or procedures like IFRS etc. * All sources for figures are the same as mentioned in Cash flow analysis (section 4. ) * Although salaries calculated are based on specifics given in the project description of Papa Ge o's, it is assumed that they will vary according to sales and that the company may hire or fire depending on business volumes * 5. 2 Pro-Forma Cash Flow Statement * Provide a screen shot of the cash flow statement and describe the impact of the budget on cash balances. * 5. 3 Pro-Forma Balance Sheets Provide a screen shot of your balance sheets, and describe key figures they contain. * 6. 0 Works Cited 6. 0 Works Cited Market Research portal: http://www. marketresearch. com/Mintel-International-Group-Ltd-v614/American-Families-Dining-6166418/ Restaurant. org: http://www. restaurant. org/tools/magazines/rusa/magarchive/year/article/? articleid=138 Wikipedia: http://en. wikipedia. org/wiki/American_upper_class Ehow. com Soda-dispenser. com Coldtechcommercial. com Ebay tableschairsbarstools. com restaurant-services. com brightledsigns. com * * * 7. 0 Appendices 7. 0 Appendices * * NOTE: Start this section at the top of a new page. This section of the budget proposal is where youâ€℠¢ll attach all of the supporting materials that you’ve referenced in the preparation of your plan, and that is too detailed or extensive to be included in the body of the report. Use this page to separate the appendices from the text in the body of your report. Make certain that you update the table of contents to include the title of each exhibit in the appendix and its page number. 7. 1 Appendix 1: [put a description here] 7. 2 Appendix 1: [put a description here] 7. 3 Appendix 1: [put a description here] * *

Hid Essay

The confusion that confronts Keith Houck as the hired consultant is mainly from and by the mission statement and the attitude of H. I. D. managers. There seems to be progress spearheaded by the H. I. D. President but managers seem and indeed they are so pessimistic apart from the Human Resource Director Karen Setz. The President is very positive and has achieved a lot by meeting the goals of expansion during the five years that he has been in the company. The development during Bill’s time and his immense driving force are good indicators that H. I. D. s far able to formulate its strategic plans and goals. If I were Keith Houck the Consultant, I could have asked very many questions ranging from work ethics to what every individual department has achieved and further question what are the goals of each department. For H. I. D. to formulate its plans and goals it needs an overhaul of its managers except the Human Resource Director Karen Setz who has a vision with a positive mind of expansion. But before the overhaul the President should ask managers who may not feel to meet the set goals to resign. This will be easy for the president to inject new blood (delivering Managers) into the company. If I were Bill Collins the H. I. D. President I could have clearly indicated and or designated roles of each manager and set targets to be reached within a given time frame agreeable by all departmental managers. However, other factors that I could put into play are like teamwork, regular assessment of the progress of set goals and plans. Teamwork is another factor that will enable any management to monitor and motivate the workers. This will ensure among other things no idle time during the usual working ours. There should be an active and enthusiastic team leader who cheers up fellow workers and listens to them during good times and bad times. Team leaders in many organizations have proved to boost efficiency to higher levels notwithstanding sometimes hard times. This is the point where networking of skills is demonstrated fully. Solving arising discrepancies, complaints and problems will done right here in the team. Workers to be involved in everyday changes and participate in the changes they demand (Gratton, Hailey and Truss 1999).

Leedsichthys - Facts and Figures

Leedsichthys - Facts and Figures Name: Leedsichthys (Greek for Leeds fish); pronounced leeds-ICK-thissHabitat: Oceans worldwideHistorical Period: Middle-Late Jurassic (189-144 million years ago)Size and Weight: 30 to 70 feet long and five to 50 tonsDiet: PlanktonDistinguishing Characteristics: Large size; semi-cartilaginous skeleton; thousands of teeth About Leedsichthys The last (i.e., species) name of Leedsichthys is problematicus, which should give you some clue about the controversy occasioned by this gigantic prehistoric fish. The problem is that, although Leedsichthys is known from dozens of fossil remains from around the world, these specimens dont consistently add up to a convincing snapshot, leading to grossly divergent size estimates: more conservative paleontologists venture guesses of about 30 feet long and 5 to 10 tons, while others maintain that superannuated Leedsichthys adults could attain lengths of over 70 feet and weights of over 50 tons. Were on much firmer ground when it comes to Leedsichthys feeding habits. This Jurassic fish was equipped with a whopping 40,000 teeth, which it used not to prey on the larger fish and marine reptiles of its day, but to filter-feed plankton (much like a modern Blue Whale). By opening its mouth extra-wide, Leedsichthys could gulp in hundreds of gallons of water every second, more than enough to cover its outsized dietary needs. As with many prehistoric animals discovered in the 19th century, the fossils of Leedsichthys were an ongoing source of confusion (and competition). When the farmer Alfred Nicholson Leeds discovered the bones in a loam pit near Peterborough, England, in 1886, he forwarded them to a fellow fossil hunter, who misidentified them as the back plates of a stegosaur dinosaur. The next year, during a trip overseas, the eminent American paleontologist Othniel C. Marsh correctly diagnosed the remains as belonging to a giant prehistoric fish, at which point Leeds made a brief career of excavating additional fossils and selling them to natural history museums. One little-appreciated fact about Leedsichthys is that its the earliest identified filter-feeding marine animal, a category that also includes prehistoric whales, to attain giant sizes. Clearly, there was an explosion in plankton populations during the early Jurassic period, which fueled the evolution of fish like Leedsichthys, and just as clearly this giant filter-feeder went extinct when krill populations mysteriously plunged at the cusp of the ensuing Cretaceous period.

Science Fair Reflection Paper Essays

Science Fair Reflection Paper Essays Science Fair Reflection Paper Essay Science Fair Reflection Paper Essay Cramming was the only the word that entered in my mind the night before the Science Fair in BAN Clara Elementary School. It was a stressful night yet everybody is doing their tasks for the success of the said event. I was assigned in doing the sashes for the Mr.. And Ms. Science Fair. We, the Program and Events Committee, successfully made it and everybody else. I worried because I will have a sleepless night before the Science Fair. But the next day, my energy didnt go down. It was the day of the Science Fair, October 28 2013. I didnt care about sleep and al I wanted was Just to get this event successful. There were many children in the school and every one of them was so happy to see their Dates and Kayaks. They were so energetic and competitive that I forget the words sleepless and tired. The mentors were also competitive that it also made you want to cheer those little kids. The event was surely full of smiles and excitement. A long day but we were ahead of our time schedule. I was so happy that it will end earlier than what we had scheduled. The most awaited event, Mr.. And Ms. Science 2013, was the main event for the Science Fair. Teams chose their representatives and I didnt expect that those kids would be so competitive and confident to participate in the pageant. Their teammates were shouting their team color to cheer their representatives. Winners were announced after the pageant and we finished the programs, activities and games. Overall, the BAN Clara Science Fair 2013 was a successful event. We surely had learned something in this event and hopefully, the kids also had earned more knowledge about the subject Science and enjoyed the event even though it was a tiring one. Kudos to all students

The Promise and Pitfalls of Float (Loose Rock)

The Promise and Pitfalls of Float (Loose Rock) Too often when youre out in the field, youll be looking at a hillside and there are no outcrops of bedrock to tell you whats under it. An alternative is relying on float- isolated stones in the soil that you must assume came from the bedrock near by. Float is not reliable, but with care it can provide good information. Why Float Is Unreliable An isolated stone is hard to rely on because once its broken off, many different things can move it away from its original setting. Gravity pulls rocks downhill, turning bedrock into colluvium. Landslides carry them even farther. Thens theres bioturbation: Falling trees can pull up rocks with their roots, and gophers and other digging animals (fossorial animals is the official term) can push them around. On a much larger scale, glaciers are notorious for carrying rocks far from their origin and dropping them in big piles called moraines. In places like the northern United States and much of Canada, you cant trust any loose rock to be local. When you add water, there are new complications. Streams transport rocks entirely away from their places of origin. Icebergs and ice floes can carry stones across open water to places theyd never reach on their own. Fortunately, rivers and glaciers usually leave distinctive signs- rounding and striations, respectively- on rocks, and they wont fool an experienced geologist. Possibilities of Float Float is no good for a lot of geology, because the original position of the rock is lost. That means that its bedding features and orientation cant be measured, or any other information that comes from the rocks context. But if conditions are reasonable, float can be a strong clue to the bedrock below it, even if you must still map the boundaries of that rock unit with dashed lines. If youre careful with float, its better than nothing. Heres a spectacular example. A 2008 paper in Science tied two ancient continents together with the help of a small boulder found sitting on a glacial moraine in the Trans-Antarctic Mountains. The boulder, just 24 centimeters long, consisted of rapakivi granite, a very distinctive rock containing big balls of alkali feldspar with shells of plagioclase feldspar. A long series of rapakivi granites is scattered across North America in a wide belt of Proterozoic crust running from the Canadian Maritimes at one end to an abrupt cutoff in the Southwest. Where that belt continues is an important question because if you find the same rocks on another continent, it ties that continent to North America at a specific place and time when both were united in a supercontinent named Rodinia. Finding a chunk of rapakivi granite in the Trans-Antarctic Mountains, even just as float, is a key piece of evidence that the ancient supercontinent of Rodinia held Antarctica next to North America. The actual bedrock that it came from is underneath the Antarctic ice cap, but we know the behavior of the ice- and can confidently discount the other transport mechanisms listed above- well enough to cite it in a paper and make it the highlight of a press release.

Research Proposal for Research Methods Unit in Masters

For Methods Unit in Masters - Research Proposal Example After all, music is a foundation subject and the arguments for its inclusion in the curriculum must surely have been won; it is no longer what was once described as an 'endangered subject'. However, is this really the case Individuals and professional bodies regularly issue earnest statements about the educational significance and value of music studies and express concerns over limited staffing and resources. While there appears to be a steady supply of secondary specialists, Music Education is understandably disappointed by the scant attention now being given to music in the education and training of secondary school teachers. It may seem to some observers as if musicians and music educationists constantly need to protect their subject against people who regarded arts as little more than dispensable extras or mere entertainments. Whether or not there are any educational policy-makers who would subscribe to such an extreme view is questionable, but music educationists often appear to be on the defensive. In addition, in an age of transparency and accountability many teachers report that they are often required to explain, to different audiences, why music is of value within the context of a general education. The study intends to draw insights among Secondary School Administrators, Faculty Members and Selected Students in Queensland about the decline of music education in their region. Furthermore it seeks to accomplish following specific goals: 1. To present the views of Secondary School Administrators, Faculty Members and Selected Students in Queensland about music education. 2. To describe how Secondary School Administrators, Faculty Members and Selected Students in Queensland have shown appreciation and preservation of music education. 3. To discover the impacts of music education to the curricular and socio-cultural dimensions in the Secondary Schools of Queensland. 4. To solicit plan of actions from Secondary School Administrators, Faculty Members and Selected Students in Queensland on how to effectively improve the quality of music education in Queensland Secondary schools. Statement of the Problem The study aims to document critically the current views among Secondary School Administrators, Faculty Members and Selected Students in Queensland on the decline of music education in their region. Furthermore it seeks to answer the following specific research questions: 1. What are the current views and insights of Secondary School Administrators, Faculty Members and Selected Students in Queensland 2. How do Secondary School Administrators, Faculty Members and Selected Students in Queensland describe music education in the schools today 3. Do Secondary School Administrators, Faculty Members and Selected Students in Queensland believe that, the music education in secondary schools has declined Do they have proof/s on their claims 4. In what specific ways appreciation and preservation of music education are demonstrated or concretized in secondary schools5. What is the impact of music education to the curricular and socio-cultural dimensions in Secondary Schools of Queensland

1.Indirect Investing Research Paper Example | Topics and Well Written Essays - 2000 words

1.Indirect Investing - Research Paper Example Such investment points towards the fact that the investors are investing in a product whose performance to a certain extent is linked with the performance of the property. The example of indirect investing is purchasing units in the property funds, purchasing shares in any of the property company that is publicly quoted and contributing to any pension plant that has a property in its portfolio (Indirect Property Investments). Real Estate Investment Trusts (REITS): These are considered to be the public property companies that are primarily listed on Stock Exchange. The investors buy shares in these companies that may be traded through the investor’s stock broker. The examples of such public companies are Great Portland Estate, Land Securities and Derwent London plc. The Land Securities is one of UK’s largest property companies that invest in almost all the classes and types of properties present across the country. However on the other hand Derwent London plc only invests in property present in Central London and that too mostly in offices. Unit Trusts: There are several other means of indirectly investing in property. These means may take several other forms that are suited for a number of investors. Some examples of unit trusts are mentioned below: The authorized and unauthorized investment funds can be further divided into open and close ended funds. The open ended funds are the ones which do not have a definite life span, which means that they may go on forever and their units can be traded in the open market. The example of Open ended funds is Standard Life Property Income Unit Trust. The close ended funds may have a definite life span, for instance 10 years. After this duration the property is sold and the unit holders are paid out. The example of Close Ended Funds is Schroders WELput Unit Trust. The investment in office property present in London will come to an end in the year 2023, after selling the whole

Employment Law for Animal Care Essay Example | Topics and Well Written Essays - 4750 words

Employment Law for Animal Care - Essay Example We share different cultures and beliefs inherited from our forefathers. It is one’s sovereign right to gain entry to a job of choice that he has been prepared for. The Anti-Discrimination law allows every man to share equal rights in the workplace by citing potential discriminatory acts committed by employers that are definitely punishable. In the case of animal care keepers and service workers in zoos, more specifically their jobs entail the preparation of the respective diets of animals, cleaning the enclosures or cages, raise their young, monitor eating patterns, physical ailments and ensure the safety of the visiting public. Keepers also serve as guides and ensure the safety of the visiting public. Depending on the zoo keepers they may be assigned to work on a broad group of animals or may work on a limited collection. Animal trainers are also hired to train animals for riding; performance and entertainment; and the process sometimes take months and even years of repetitio n. Employers would often see that a job that requires broad responsibilities would entail a man’s hand to do the work. The advent of sex discrimination legislation in the United Kingdom and the European region in general saw significant cultural changes across the workplace. When the European Convention on Human Rights recognized individuals other than the traditional gender classification of male and female a ground breaking law was established. Under the Sex Discrimination Act (1975) and the Employment Equality Regulations (2003). ... 1975)1 and the Employment Equality Regulations (2003)2, the limitation of a woman's right to practice her knowledge and skills by virtue of sexual classification as the weaker sex is prohibited. To discriminate a person by virtue of her sex is tantamount to an insult on her person. It is a woman's civil right to choose a career of her own and to earn for herself and her family just like any man. With the advent of this law, we can now see a lot of women allowed to excel in their chosen fields. We share different cultures and beliefs inherited from our forefathers. It is one's sovereign right to gain entry to a job of choice that he has been prepared for. Race Relations Act (RRA1976)3 allows every man to share equal rights in the workplace by prohibiting racial discrimination of workers. Gone are the days when colored workers are separated from the whites. Asians and Mexicans are no longer restricted to work anywhere they like. Everyone is given the opportunity to exercise one's profession or training despite his racial origin. This act creates inter-dependence among men of different cultural backgrounds to share their expertise in the workplace thereby affording the country a stable economic stature. Discrimination also materializes as well during the recruitment and selection process by denying or subjecting a person to a detriment or loss of opportunity similarly in the case of Chanya, a Kenyan woman whose application as a zookeeper at the Middlesex Zoo was turned down d espite excellent training and qualification most likely owing to her gender and race. It should be noted that under the employment-related purposes, the Sexual Discrimination Act has been changed by the Sexual Discrimination Act (Burden of Proof) Regulations 2001(SI 2001 No. 2660)4. As the name

Points To Consider Article Example | Topics and Well Written Essays - 500 words - 2

Points To Consider - Article Example 3. Achilles and Agamemnon only fell into conflict with each other after the war had already been going ten years. Their disagreements did not totally prevent the Greeks from achieving their ultimate goals, but it did hinder them somewhat. The conflict could not have really been avoided because they were two characters typical of Greek culture at that time: strong-willed alpha males who wanted personal glory for themselves more so than the aims of their nation. 1. The reason why Chimate Chumbolo tried to persuade the Dita people to use their own customs first is due to the fact that the culture was one based on mutual understanding where people were given the authority to solve their own differences. Also, it cost a lot to take disputes to Ethiopian courts, so convenience did play a large part in the decision. 2. It was important for Chimate Chumbolo to educate her people through a mediatory role because she understood Ethiopian law as well as Dita customs. She acted like a go-between for the Dita people and the Ethiopian government. 3. If a mediation meeting goes badly, Chimate Chumbolo first threatens each party by quoting a fake Ethiopian law that would punish each party severely, thus giving them incentive to work out their dispute by themselves. 1. Madison says that a democracy is where a government is made up of only a small amount of people, even though it is elected by a majority. A republic is where the government must answer to a greater number of citizens and thus has more power over them. 2. Madison saw a danger in allowing a majority faction to run a political structure that would divide the country. If one group had complete control of the government, it would be free to impose any laws it liked on the people. 3. Madison concedes that factions are a necessary evil in a political system, but he says that we must limit the damage they can have on society. Factions can be

Describe the main phases of the business cycle and discuss recent Essay

Describe the main phases of the business cycle and discuss recent economic growth patterns in Australia - Essay Example At the end, there is a depiction of the movement of the leading index and coincident index, which are two composite indices of prime economic indicators. These indices are particularly designed to predict business cycle and growth rate cycle patterns. The basic features of business cycles in Australia over the past few decades and the compatibility of the recent economic growth with the prevailing business cycle phase are analyzed on the basis of these indicators and the NBER methodology. The analysis of business cycles in Australia shows strong incidence of asymmetry as compared to the growth rate cycles. The study of business cycles is crucial for exploring the economic activities and its trends of a given nation or territory. In Economics, â€Å"business cycle† is the up and down movements of the economy which occurs at irregular intervals. The major indicators of business cycles or tools of measuring the business cycles include the important macroeconomic variables and essentially, fluctuations in GDP. A business cycle is an irregular, unpredictable, or non-repetitive phenomenon. A business cycle is recognized as a succession of four phases. The first phase is Contraction, which implies a slowdown in the pace of economic activity. Next comes, Trough, which is the lower point of turn of a business cycle. This is a point from where the phase of downturn or contraction moves towards expansion or upturn. The third phase is that of Expansion, a speedup in the pace of economic activity; and finally comes peak, the upper turning of a business cycle. The research on the cyclical in stability, contraction and expansion of economic activities or outputs is an important aspect of study in economics. Particularly, this area of research got emphasis since the seminal works of Burns and Mitchell (1946) at National Bureau of Economic

Points To Consider Article Example | Topics and Well Written Essays - 500 words - 2

Points To Consider - Article Example 3. Achilles and Agamemnon only fell into conflict with each other after the war had already been going ten years. Their disagreements did not totally prevent the Greeks from achieving their ultimate goals, but it did hinder them somewhat. The conflict could not have really been avoided because they were two characters typical of Greek culture at that time: strong-willed alpha males who wanted personal glory for themselves more so than the aims of their nation. 1. The reason why Chimate Chumbolo tried to persuade the Dita people to use their own customs first is due to the fact that the culture was one based on mutual understanding where people were given the authority to solve their own differences. Also, it cost a lot to take disputes to Ethiopian courts, so convenience did play a large part in the decision. 2. It was important for Chimate Chumbolo to educate her people through a mediatory role because she understood Ethiopian law as well as Dita customs. She acted like a go-between for the Dita people and the Ethiopian government. 3. If a mediation meeting goes badly, Chimate Chumbolo first threatens each party by quoting a fake Ethiopian law that would punish each party severely, thus giving them incentive to work out their dispute by themselves. 1. Madison says that a democracy is where a government is made up of only a small amount of people, even though it is elected by a majority. A republic is where the government must answer to a greater number of citizens and thus has more power over them. 2. Madison saw a danger in allowing a majority faction to run a political structure that would divide the country. If one group had complete control of the government, it would be free to impose any laws it liked on the people. 3. Madison concedes that factions are a necessary evil in a political system, but he says that we must limit the damage they can have on society. Factions can be

Mussolini's War Speech Essay Example | Topics and Well Written Essays - 1000 words

Mussolini's War Speech - Essay Example Such regimes flourished during the politically uncertain period in Europe following the First World War. Italy and Germany were the most important centers of such fascist governments. The arguments that are provided by Mussolini for the war against Ethiopia, a country which they had failed to subdue for around a century are not scientifically valid. Economically and as far as military might was concerned, Italy would not have been able to hold up against the might of the Allied powers alone, who supported the League of Nations, which had condemned the attack on Ethiopia (Italy in the Second World War). Mussolini’s claim that â€Å"to acts of war†, he would â€Å"reply with acts of war† (Mussolini Justifies War Against Ethiopia) is thus, based on his needs to rouse his countrymen and gain their support rather than a scientifically legitimate claim on his part. The text talks of the need to invade Ethiopia at a point of time when the sentiments of the international community were against such an invasion. Italy did not really have the ability to stand against such opposition as was proven in a disastrous manner by the Second World War. Mussolini’s claims are based on hope and intuition and not on reports of diplomatic understanding. They are also directed at invoking the intuitive nationalist sentiments of the Italians rather than an appeal to their sense of rational understanding. Mussolini reasons with himself about the chances of his victory- while talking of France and Great Britain, he speaks about the improbability of their doing so. This is a case of inductive reasoning whereby he uses particular examples to prove that a certain event would not come about. He also rejects responsibility for any act of violence that may follow an act of violence upon Italy. This is an example of causal reasoning whereby he talks of retribution on the part of the Italians would be the effect of violence on the part of others. Mussolini here shies away from responsibility and this was one of the important characteristics of the fascist regimes that developed during the interwar years. The regimes that came up during this period led their people into war; they were, however, unable to ensure that their people would come out of the war unscathed. Italy and Germany spent many years following the Second World War trying to recoup from its effects. The process of rebuilding took great efforts on the part of the German and Italian people. When Mussolini says that the people of Italy had been impressed by the work of the fascists, he means it to be an example of deductive logic. When he says that fascism was a spectacle that history had not seen till then, he means it to be the premise that along with the premise of the effectiveness of fascism led to the twenty million people of Italy gathering together in support of Mussolini and the institution of fascism. The techniques of logic and reasoning are employed in a very effective and convincing manner by Mussolini. The power of oratory that shines through his entire speech was a feature that was very important in his journey to success. This was important in the consolidation of his power of Mussolini over the people of Italy. The Italian people were swayed in a manner that was similar to the way in which the Germans were swayed by Adolf Hitler in later years. The promise of economic development was a major reason as to why people were misled in

Same-Sex Marriage Essay Example for Free

Same-Sex Marriage Essay The issue over same-sex marriage has come into the limelight beginning 1993 when the Supreme Court in Hawaii favored the issue and ruled that rejecting a union of two people from the same gender is not constitutional. The matter became highly controversial as some states made rulings allowing same-sex unions, while others do not based on religious doctrines and arguments. Marriage is an integral part of society and the nation as a whole. Marriage creates a family, which is considered to be the basic unit of society. Parents rear their children to be positive contributors as they grow up and take more active roles. Without the families, the nations social fabric will weaken, and in turn, every other institution will also be affected. The benefits of the union affects the community in many ways. For instance, marriage establishes the paternity of a child, making it easy to assert about child support. Marriage also prevents conflicts regarding relationships. These are just two benefits of the union that the government sees and recognizes. Because of its impact to society, marriage has come to be defined and regulated by laws, both religious and governmental. The federal and state governments, to promote stability and order, not only have the right to define marriage. It is, in fact, their duty to create laws that define marriage in relation to what society dictates. In Massachusetts, for example, its Supreme Court sees the need to legalize and constitutionalized same-sex marriage. This decision was based not on personal views but on intrepretation of the states laws. In other states, rulings were issued liberalizing marriage, but not entirely making it constitutional. However, many states have amended the definition of marriage as the union between a man and a woman. Those against it sees same-sex unions as a factor that would not be good for their states. Work Cited The U. S. Constitution Online. Contitutional Topic: Marriage. 19 April 2008 http://www. usconstitution. net/consttop_marr. html

An Introduction to Daimler Chrysler AG

An Introduction to Daimler Chrysler AG DaimlerChrysler AG-the third-largest car maker in the world-is the product of the November 1998 merger of Daimler-Benz AG of Germany and Chrysler Corporation of the United States. Vehicles built by the resultant powerhouse include Mercedes-Benz luxury passenger cars; a micro compact car sold under the name Smart; Chrysler, Jeep, and Dodge cars, pickup trucks, minivans, and sport utility vehicles; and commercial vehicles, including vans, trucks, and buses, under the brand names Mercedes-Benz, Freightliner, Sterling, Setra, and Western Star Trucks. The companys revenue stream is heavily weighted toward the United States and Europe-the Mercedes Car Group and the Chrysler Group divisions account for the majority of company sales. The company has been plagued with problems in recent years related partly to its investment in Mitsubishi Motors. Its troubled Chrysler division experienced a $637 million loss in 2003 due to restructuring costs and slowing U.S. sales. In addition to its vehicle manufacturing operations, DaimlerChrysler is a leading provider of information technology services in Germany and offers a variety of financial services-including vehicle sales and leasing financing, dealer financing, and insurance services-primarily in North America and Europe. The European Aeronautic Defense and Space Company (EADS), which is 33 percent-owned by DaimlerChrysler, operate as the worlds second-largest aerospace and Defense Company. Models of change management Lewins model Unfreeze the current paradigm of the organization. This involves understanding the need for change. Then communicating that need to the people. People should be open to change in structure, behavior and thinking. Change the organization paradigm by introducing new theories in the organization. This is a lengthy process as the new method will take time to sink in. people will question the new method thus it is important that there is a strong channel for feedback. Refreeze the changed paradigm. This is the stage where the change is inculcated into the organization and people followed the changed methods as a part and parcel of the organization. Kotters 8 steps creating a vibe of change into the members gather supporters to guide change create a vision explain the vision to the supporters empower people to follow and spread the vision create shot objective or milestones improvements and feedback Inculcation of change by making it a part of structure and system. Complex model which recognize the need of individual organizations. Johnson Scholes and Whittingtons model identifies the variables that the organization faces. Time is how quickly change is needed. This can be identified by the Balogun and Hailys model. Scope is the degree of change that is necessary. Continuity what is the incremental factor History is the past experience of change Skills what capabilities are required and what do we have. Resources which are available for change management. Readiness is the willingness of people to accept change. Power is where the of the organization lies i.e. with management employees, stakeholders etc. McKinsey 7S framework identifies the areas that management need to focus on in order to manage change effectively Structure is the hierarchy and the departmentalization of the organization before and after the change. Strategy is the plans that organization makes i.e. when to compete? Where to compete? And when to compete? System is the alignment of the strategy with the business objective and at what level evolutionary stage the organization stands. Shared values is what type of culture prevails in the organization Style is the leadership style of the management. How are decisions made? Staff is the human resource of the organization. How trained they are and what staff is needed? Skill is the organizations ability to use its resources. Thus measure of the efficiency of the organization. Need for strategic change in Chysler Chysler has been to the top and now has lost most of its profit. Strategic intervention techniques The purpose of intervention techniques is to improve the efficiency and the effectiveness of the organization. Strategic intervention techniques focus on improving the processes through which ideas are generated and then gain feedback on the ideas. These techniques make some thing happen and also focus on what is happening French Bell Jr (1994). The reasons for interventions can be To gain feedback To educate people To invoke rapid change in the organization. Rapid and sudden change in the external environment Intense competition Driving forces for change in GM Driving forces are the reason that GM requires to change its strategy and align itself with the environment. Few of the forces that pressure Gm to change are as follows Low economic growth in the car manufacturing business has stumped most of the manufacturers. Car manufacturers on government support are making cars at a loss but yet there cars are in the market and cutting the market share of other companies. Japanese car manufacturers are making better cars at low price which is the main competition for GM. Change in technology in the industry has been an issue. Honda and Toyota have advanced in technology at a higher rate than GM. Rising oil prices have also caused the industry to rethink there strategy. Resource implications for GM GM CEO Rick Wagoner has put in a lot of effort to turn around GM since 1992.but his response to change in the environment was too slow. The resources of GM can be evaluated using 5 Ms model Money has been the problem for GM for sometime now but government is ready to help them but they do not have a turn around strategy. Manpower of GM has not been able to generate new ideas which show dulled motivation, and poor creativity skills by the management and other employees. Also GM is stuck in contacts with employees with huge pensions. Minutes time frame for adaptation has always been short for GM and it has always lagged behind the need of time. Material has very special item oil which has sky rocketed. So the price of car manufacturing is rising as well as the price of maintaining a car. Machinery has been the major issue for GM as its competitors have acquired new machinery and processes which are better than that of GM. Due to these factors GM has not been able to change. These are the forces that create resistance for change. Change and stakeholders Stakeholders are an integral part of the organizational paradigm. To bring change in the organization, stakeholders should own the change. The process of change should start from within the stakeholders. To change the culture stakeholders should realize that there is a need for change. Then they should be directed into the right direction. In Kotters 8 steps model for change the role of stakeholders can be incorporated. The model pushes the organization to make its own decision and define its process of change. Kotters model for change for GM Kotter gives a model of change in the organization in which the stakeholders are empowered to make change for themselves. I shall use this model to explain how GM can bring about change in the organization with the help of its stakeholders. Step 1: Create urgency For change to occur it is necessary the whole organization realizes the need for change and puts its effort in making the change. For this purpose managers can paint a grim picture of the future if continued on the same path. Explain to the shareholders the increase in ability of the organization to exploit its resources. There should be feed back from the stakeholders and there ideas should be incorporated in the change process. In case of GM it is not very difficult to paint a grim picture because the next step to bankruptcy is liquidation. The decline in the performance of the company has been a question mark for a long time now. So in GM people are ready for change and stakeholders support the management. Now there is need for discussions so that the ideas and the wills of the stakeholders can be incorporated in the change process. Step 2: Coalitions This is the point where the leadership emerges; people among the stakeholder should take charge of the groups. It is necessary that to identify the key leadership and make them commit to the change in the organization. This is necessary that people who are selected for the leadership believe in the change. In case of Chysler they have to find leaders in order to bring change. Recognition of the people who will help GM to evolve and to accept the changed processes is necessary, if it wishes to make any type of change in its strategy. Step 3: Vision for change When the process of change starts there are many idea of floating. All these ideals need to be linked together if in order to form a vision. This vision needs to be simple and understandable. The vision gives people a sense of direction; they understand the purpose of the change. For change to be successful you need to know the main idea behind the change. For this purpose prepare a summary of the future endeavors of the company. Knowing about the future helps people to support the organization. In case of Chysler the mission statement is quite clear G.M. is a multinational corporation engaged in socially responsible operations, worldwide. It is dedicated to provide products and services of such quality that our customers will receive superior value while our employees and business partners will share in our success and our stock-holders will receive a sustained superior return on their investment. But unfortunately Chysler has not been able to deliver. The vision of the Chysler needs to be communicated effectively through the organization. Every stakeholder needs to believe in the mission statement of Chysler. Step 4: Communication of vision Every person in the organization needs to know the objective of the change. The previous paradigm of the company will produce resistance against the new method. The New Mission statement needs to overcome the resistance and unite the organization on a single path to success. For this the management needs to address all the doubts and problems of the people. Divide the vision into smaller objectives and tie the performance of individual with the achievement of these objectives. In Chysler the management should take responsibility of communicating process of change through the organization. A process of change developed from the input of stakeholders is easier to communicate back. Step 5: Remove obstacles In the process of change, there will always be resistance. The objective of the management is to minimize this resistance and bring the stakeholders to a common platform on which everybody can express their opinion. As the process of change moves forward, there should be constant checks for any barriers to change. In Chysler the inner management has failed to provide change in the organization. The change in GM can be induced from the outside; perhaps a change agent will help GM over come change barriers. Another good way to bring about change is to award the people who embrace the change. Step 6: Create short term objectives For the process of change to work people need to know that it is working. For this management can divide the main objective in to simpler objectives. The management should thoroughly analyze the short term objectives such that they are achievable and motivation. For the achievement of every objective the employees should be rewarded. In Chysler that management need to step up and divide their long-term objectives into the short term goals. The management should make the stakeholders believe that they are capable of changing the business for the better. The most important stakeholder of GM is the government. The government needs to know that that GM can stand on its feet, for it to bail out the company. Step 7: Build on the change The process of change is not complete he unless and until the change culture has inculcated into the organization. Changes in many organizations fail because they do not fully implement the changed processes. The changed processes should become part and parcel of life in the organization. The people of the organization need to build on the changed processes and achieve even more success. The management of Chysler should not stop at making the government believed that they deserve a bailout, but should make efforts to build on the changed processes. Step 8: Change in corporate culture The most difficult thing to do in bringing about change into the organization is to change the culture of the organization. In history many of the mergers in companies have failed because they unable to merge the culture of the companies. Changing the culture of the company is a very long and hard process. Chysler will need to change the culture and introduce a fresh method to succeed in an unattractive industry. At this point the employees of General Motor will not be motivated; the management needs to bring faith back into the employees. Monitoring progress and conclusion The final step in the management of change would be to monitor the performance of the company. For this purpose appraisal of each of the activities of the company will be performed. The justification of activity will provide grounds by which the productivity of the activity will be measured. The idea of kaizen should become a part of the activities of the business. The process of change is very lengthy; it takes years for change process to become part of the culture. The management of the organization needs to be very patient and need to prioritize their objectives. In Chysler it is necessary that people accept the change and once the changed processes have settled in there should be continuous evaluation and revaluation. The U.S market has become very saturated thus not allowing the companies to grow as fast as they would like. For the companies to survive they need to use there resources with utmost efficiency.

The History Of The Industrial Workers of the World :: The History Of The IWW

The Industrial Workers of the World is an ample union who are commonly known as the IWW and the Wobbles. During the time period between 1900 and 1930 the United States focused their attention and was occupied with the Labor Union Movement, which started in the late 1800’s and also World War I which began a later. The IWW stood strong throughout and never gave up for what they were fighting for. This can be seen through their slogan, â€Å"An injury to one is an injury to all.† Their messages were effective and drew a plethora of heads. The IWW accomplished certain goals and acquired a reputation in society during that time even though straight from the start, United States government was not on their side. Founded in 1905 by men with bitter experiences in the labor struggle, the Industrial Workers of the World held their headquarters in Philadelphia, Pennsylvania. They were based solely on the fact that workers should be united within a single union and the wage system should be abolished as stated in the preamble to their constitution. "The working class and the employing class have nothing in common. There can be no peace so long as hunger and want are found among millions of the working people and the few, who make up the employing class, have all the good things of life. Between these two classes a struggle must go on until the workers of the world organize as a class, take possession of the means of production, abolish the wage system, and live in harmony with the Earth. ... Instead of the conservative motto, 'A fair day's wage for a fair day's work', we must inscribe on our banner the revolutionary watchword, 'Abolition of the wage system'.† The IWW proclaimed a challenge to existing unions and social order that was dominated by the rise of copious monopolies. The History Of The Industrial Workers of the World :: The History Of The IWW The Industrial Workers of the World is an ample union who are commonly known as the IWW and the Wobbles. During the time period between 1900 and 1930 the United States focused their attention and was occupied with the Labor Union Movement, which started in the late 1800’s and also World War I which began a later. The IWW stood strong throughout and never gave up for what they were fighting for. This can be seen through their slogan, â€Å"An injury to one is an injury to all.† Their messages were effective and drew a plethora of heads. The IWW accomplished certain goals and acquired a reputation in society during that time even though straight from the start, United States government was not on their side. Founded in 1905 by men with bitter experiences in the labor struggle, the Industrial Workers of the World held their headquarters in Philadelphia, Pennsylvania. They were based solely on the fact that workers should be united within a single union and the wage system should be abolished as stated in the preamble to their constitution. "The working class and the employing class have nothing in common. There can be no peace so long as hunger and want are found among millions of the working people and the few, who make up the employing class, have all the good things of life. Between these two classes a struggle must go on until the workers of the world organize as a class, take possession of the means of production, abolish the wage system, and live in harmony with the Earth. ... Instead of the conservative motto, 'A fair day's wage for a fair day's work', we must inscribe on our banner the revolutionary watchword, 'Abolition of the wage system'.† The IWW proclaimed a challenge to existing unions and social order that was dominated by the rise of copious monopolies.

Mother Tongue-Based Multi-Lingual Education in Philippine Schools Essay

Scenario: A Waray-speaking couple from Samar decided to relocate in Cebu for job opportunities. Tagging along with them is their first-grader girl. Deficient of finances, they decided to enroll the kid in a public school. It so happened that the Philippine Department of Education (DepEd) has introduced the Mother Tongue-Based Multi-Lingual Education (MTB-MLE) program. This is a program that uses your mother tongue (language at home) as a medium of instruction inside the classroom. Will the girl be given special attention knowing that she speaks Waray and be separated from the rest of her Cebuano-speaking classmates? If the language at home will be the medium of instruction from Kinder to Grade 3, how will this affect a multi-language group? According to DepEd, 12 major Philippine languages will be introduced beginning this school year 2012-2013 to improve literacy and instruction: Tagalog, Kapampangan, Pangasinense, Iloko, Bikol, Cebuano, Hiligaynon, Waray, Tausug, Maguindanaoan, Maranao, and Chabacano. The objectives of the program include: l. anguage development which establishes a strong education for success in school and for lifelong learning; 2. cognitive development which focuses on Higher Order Thinking Skills competencies in each of the learning areas; and 3. academic development which prepares the learner to acquire mastery of language and culture. 4. socio-cultural awareness which enhances the pride of the learner’s heritage. The program hopes that by using the mother tongue (first language or L1) as a medium of instruction inside the classroom in the early grades, it will hasten the basic communication skills of the students. When students develop fluency in speaking, reading and writing in the first language, the L1 can then be utilized as a bridge or transitional to learning the second (L2) and third (L3) languages (e. g. Filipino and English). The introduction of languages in this method will give students confidence in learning academic concepts. From DepEd Order No. 74, 3c: â€Å"In terms of cognitive development, and its effects in other academic areas, pupils taught to read and write in their first language acquire [educational] competencies more quickly. † Director Yolanda Quijano of DepEd’s Bureau of Elementary Education stressed in a press release, â€Å"[These] studies proved that learners who begin in their first language have more efficient cognitive development and are better prepared for more cognitively demanding subject matter. In other words, a learner tends to be smarter if he starts his education using the mother tongue. † How will DepEd implement the program? Below, I tabulated a progression plan for teaching and using the three languages (mother-tongue, English, Filipino) based on how I understood the program. Basically, the program starts with pupils learning their lessons through the use of their mother-tongue — first orally and then in written form. It finishes with kids being fluent in (or at least learning fast) English and Filipino when they finish grade 6. Will this kind of plan succeed? I believe so, if planned properly. Even UNESCO endorses the use of Mother Tongue Multilingual Education and highlights the important features of the process: 1.  Education begins with what the learners already know, building on the language and culture, knowledge and experience that they bring with them when they start school; 2. Learners gradually gain confidence in using the new (official) language, before it becomes the only language for teaching academic subjects; and 3. Learners achieve grade level competence in each subject because teachers use their home language, along with the official school language, to help them understand the academic concepts. Also, MTB-MLE has long been used by other developing countries. Here are benchmark studies from UNESCO: 1. Modiano’s (1973) study in the Chiapas highlands of Mexico found that indigenous children efficiently transferred literacy skills from the L1 to the L2 and out-performed monolingual Spanish speakers. 2. The Six-Year Yoruba Medium Primary Project (Fafunwa et al. 1975; Akinnaso 1993; see Adegbiya 2003 for other references) demonstrated unequivocally that a full six-year primary education in the mother tongue with the L2 taught as a subject was not only viable but gave better results than all-English schooling. It also suggested that teachers should be allowed to specialize in L2 instruction. 3. The Rivers Readers Project, also in Nigeria, showed how mother tongue materials of reasonable quality could be developed even where resources were scarce and even for previously undeveloped languages with small numbers of speakers (Williamson, 1976). Communities themselves provided competent native speakers and funds for language development, producing over forty publications in fifteen languages. 4.  Large-scale research on Filipino-English bilingual schooling in the Philippines (Gonzalez & Sibayan, 1988) found a positive relationship between achievement in the two languages, and found that low student performance overall was not an effect of bilingual education but of other factors, especially the low quality of teacher training (see also Dutcher 1995). If the program works in other developing countries, I believe, it should also work in the Philippines. But this isn’t easy. Getting to the goal takes a lot of groundwork. Look at the figure below. For the program to achieve long-term success, DepEd must go through each and every step. It looks like DepEd has already done the necessary research and already raised awareness about the program through its Region, Division, District, and School Heads, as well as through Local Government Units (LGUs). But what about the rest of the steps? Do we have enough teaching and learning materials ready that are built specifically for a particular language? Next, have we trained enough teachers and staff to efficiently implement the program? Most importantly, do we have the funding and full support from the government to sustain this effort? Now, let me go back to the challenge I mentioned in the first paragraph. – How will the program resolve classrooms with multiple home languages spoken by pupils? – What is the solution when teachers that are available to teach do not even speak the pupils’ mother-tongue? – Should we place books and reading materials written in different home languages in each classroom? While I support mother tongue-based education, I think DepEd must spend some more time to resolve some lingering questions and prepare the materials needed to facilitate effective classroom interaction with this new approach to basic education. Success stories in Papua New Guinea (Klaus 2003), and the Rivers Readers project in Nigeria (Williamson 1985) should become inspirations for the Philippines. More time is also needed for human resource development. To remedy this situation, the case of the bilingual intercultural education in Bolivia must be looked into (refer to ETARE 1993, Albo & Anaya 2003). Are you one with the DepEd in the implementation of the Mother Tongue-Based Multi-Lingual Education (MTB-MLE) program this coming school year? Leave some comments below.

Medical Office Management Final Project Kaplan University Essay

Research and describe the three types of bookkeeping systems. Which of the three systems do you think would be the easiest to work with in the medical office? (Peg Board, Single Entry, Double Entry) Why? Single entry is similar to a checkbook register. It only has one line entered in the journal for each transaction. Each transaction is recorded in the one column of the account. It is either a positive or a negative amount in the order to represent the receipt or disbursement. Single entry is extremely simple and easy to use. The concept of double entry is in every transaction there are two effects. These two effects are known as Debit (Dr) and Credit (Cr). â€Å"Accounting system is based on the principal that for every Debit entry, there will always be an equal Credit entry. This is known as the Duality Principal† (Accounting-Simplified). Debit entries include, increase in assets, Increase in expense, decrease in liability, decrease in equity, and decrease in income. Credit entries include, decrease in assets, decrease in expense, increase in liability, increase in equity, and increase in income. Double entry is recorded in every manner that the account equation is always balanced out evenly. One-Write System or Pegboard provides convenience in check writing that is not available in computer systems. Checks can be written instantly, when needed, either inside or outside the office. â€Å"The One-Write System Check Register provides an accurate copy of every check written for posting to the computer â€Å"after the fact†Ã¢â‚¬  (inkoneverything). Pegboard is very useful in the heathcare/medical world. It is a single form that assures the collect charges and payments are recorded correctly on all other forms. In my opinion, I would like to work with the pegboard system. It may be a little harder to learn but I think it would be worth it. It has everything you need to keep an office or clinic running smoothly financially wise. Everything will be i n the system and it will be easy to look it up. References Accounting-Simplified. Concept of Double Entry. Retrieved from http://accounting-simplified.com/double-entry-accounting.html Southern California. One-Write Systems (Pegboard). Retrieved from http://www.inkoneverything.com/pegboardaccountingsystem.html QuickMBA. Accounting. Single Entry Bookkeeping. Retrieved from http://www.quickmba.com/accounting/fin/single-entry/

Liquid Assets in Firm Essay

What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times? Almost every action of company has financial implications, manager responsible for or with oversight of cash flow get directly involved in many functional areas of the business. Cash flow manager although in large company the financial management function may be broken down into various segments and the cash flow management segment may concern itself primarily with short term management issues, or the daily cash flow management task.Examples of these would be the maintenance of only minimum balance in non-interest bearing bank accounts, the movement of excess cash into short-term investment , and the maintenance of adequate cash balance to cover the normal operating expenses of the company that must be paid from day to day. In any event, those responsible for short term cash flow must consider the long term financial management objective of the company. Objectives of the Financial Management 1. To ensure that the company always has enough cash to meet its legal obligations and avoid illiquidity – i.e. to maintain adequate short term financial flexibility. 2. To arrange to obtain whatever funds are required from external sources at the right time , in the right form and the best possible terms. 3.To ensure that the companies assets and liabilities ; current and long term, financial and operating are utilized as effectively as possible. 4.To forecast and plan for the financial requirement of future operations. 5.To make all decisions & recommendations on the basis of one primary criterion, maximizing the long term value of the organization . this objective is attained in a publicly owned corporation through maximization of the wealth of the owner [stakeholders] by maximizing stock price. ‘Liquid Asset’ An asset that can be converted into cash quickly and with minimal impact to the price received. Liquid assets are generally regarded in the same light as cash because their prices are relatively stable when they are sold on the open market. Liquid assets are cash on hand or any tangible or intangible item that can be converted quickly and easily into cash, typically within 20 days, without losing much of their value. These assets are among the most  basic types of financial resources used by consumers, businesses, and investors. Cash and checking accounts are the two most obvious forms of liquid assets. Currency Legal tender for purchases and to settle outstanding debts, currency remains the most common type of liquid asset used consistently by retail consumers. Money that is deposited into a current account is considered to be a liquid asset because it is possible to immediately access the funds in order to settle debts. The debit card offers consumers even greater access to immediate liquid assets. Investments Some interest-bearing investments can be liquidated quickly, qualifying them as liquid assets. Money market fund shares, bonds, mutual funds, and the cash value of a life insurance policy are examples of investments that can provide quick cash when necessary. Certificates of deposit and stocks might also qualify under this definition. While the actual market liquidity of each asset may vary, the key is that there are always people looking to buy these items, so they can be sold relatively easily. In the case of some jointly owned assets, only a percentage of an asset could be considered liquid. Other Assets The final settlement awarded by a court for damages in a lawsuit could also be considered to be a liquid asset, depending on the terms of payment specified by the court. Tax refunds and the balances of trust funds are often included in the working definition of liquid assets. Less Liquid and Illiquid Assets Mortgages are sometimes considered a liquid asset, but they are much less liquid than many other types. Real estate is also more likely to sold at less than its value if it must be liquidated quickly; if the market is unstable, it may be difficult to determine the true value of real estate as well. Since a key part of liquidity is that the asset be sold at or very near its actual value, this means that real estate is often considered â€Å"illiquid† or not easy to sell. Any item for which there is no established  value is not considered to be a liquid asset, even if that item might be sold for a high price. When the market for the item is small or uncertain, a sale could significantly affect its value. Even stock, usually considered a liquid asset, could be illiquid if a large block is put up for sale, which could lower its market value. Business Assets For businesses, liquid assets can include cash, marketable securities, and receivables. Cash equivalents, which can be quickly converted to cash as needed, are also considered to be liquid. A business needs to be liquid enough to meet expenses, but not have so much cash on hand that short-term investment opportunities are not pursued. Companies often divide their assets into net liquid, quick, and current assets. Net liquid assets are what would be left if all of the businesses debts were paid off. Quick assets are those that can be converted into cash immediately, while current assets are those that can be converted within a year. For an asset to be liquid it needs an established market with enough participants to absorb the selling without materially impacting the price of the asset. There also needs to be a relative ease in the transfer of ownership and the movement of the asset. Liquid assets include most stocks, money market instruments and government bonds. The foreign exchange market is deemed to be the most liquid market in the world because trillions of dollars exchange hands each day, making it impossible for any one individual to influence the exchange rate. Liquid assets include items such as accounts receivable, demand and time deposits, gilt edged securities. In some countries, precious metals (usually gold and silver) are also considered liquid assets. Generally speaking, you must limit expenses and ensure that some of your assets are in the form of short term assets. The higher your short term assets and the less your short term debt, the better your ability to pay the debt (short term liquidity ratio / liquidity ratio help you determine this).The ratio analysis will be the guide stick for the liquidity ratio. Maintenance OF LIQUID ASSETS TO ENSURE ADEQATE CASH IN HAND A common problem for small business owners is the struggle to maintain adequate cash flow levels. Without cash, a business must eventually close its doors. Understanding and managing the company’s cash flow will help to measure the amount of cash on hand and prepare for cash flow shortfalls in the future. a. Do the Math :  Cash flow is the movement of money in and out of a business. Cash inflow is the movement of money into your business, and most likely comes from the sale of goods or services to your customers. Cash outflow is the movement of money out of your business, and is generally the result of paying expenses. By projecting the inflow and outflow of your businesses cash, you can determine the amount of cash that will be available during a designated period of time. b. Prepare Your Profit and Loss Statement Your business plan should contain several financial statements. If you’re a start-up businessman, base your estimates of cash inflow and outflow on the rev enues and expenses listed in your profit and loss statements. Complete your profit and loss statement before completing your cash flow statement. Over time, you will be able to base cash inflows and outflows on actual historical data. c. Develop a Cash Flow Statement: A cash flow statement measures cash flow over time. During your first year in business, you should include a month-by-month cash flow statement in your business plan. If you’re seeking a loan, an important feature of your cash flow statement is that it will show the lender exactly how you’re going to afford loan payments. In order for a business to stay afloat, it must maintain an adequate level of cash. These are some which we can apply to improve the cash flow in our organization. Adequate cash means that you can meet your obligations. It is to remember that cash is king and life blood of the organization. The following points help make it easier to maintain the adequate cash level and an improvement in cash position can be seen sooner rather than later: 1. Check Customers’ Credit Histories: Decide the type of customer to whom you want to extend credit. Do you want to have a particular cut-off credit score? If you extend credit to customers with questionable credit histories or low credit scores, you may experience late payments or no payments, which will slow down your cash flow and increase your collection costs. 2. Keep Track of Your Customers’ Payments: Have up-to-date payment records. Keep accurate payments records by using a specialized accounting software program that will keep track of your invoices and when payments are made. If customers are late with their payments, it could cause a cash flow bottleneck for you. Accurate record keeping will help solve this problem. 3. Set Appropriate Credit Terms and Offer a Cash Discount : Make sure your customers understand how long they have to pay their bill. In order to speed  up the cash they pay, you might want to offer a cash discount to any customer that pays in a short period of time, designated by you, or to a customer who pays cash. 4. Extend Your Timetable for Making Cash Payments :: Pay your bills on time and take advantage of any cash discounts your suppliers offer you. However, hold onto your cash as long as possible. Don’t pay bills weeks earlier than they are due. Your company can use that cash balance, rather than letting your supplier use your company’s cash. 5. Cut Back on Spending Wherever Possible : Do you really need to take money out of your business for a Hawaiian vacation right now? Cut back on spending until it is less than your revenue on a month-by-month basis. If an emergency happens, then you will be prepared from a cash standpoint. 6. Increase Your Sales : Make sure you aren’t holding on to obsolete inventory. If you are, mark it down and sell it. Storing it is costing you money and selling it at a lower price is better than not selling it at all. The longer you hold on to obsolete inventory, the less likely it is to sell. 7. Think before investing : The price and value of investments and their income fluctuates: you may get back less than the amount you invested. Remember that how an investment performed in the past is not a guide to how it will perform in the future. We need to project the cash flow statement, and employee the companies fund in short term investment. Along with that we have to check expenses. And maintain the liquid assets. Projected cash flow statement is the guided stick. Our sales, realizations, and fixed and variable expenses need to be kept in mind while judging the balanced need of liquid assets. We may consider the short term investments with reference to interest rate and surplus funds. Generally it is indispensable that we must limit expenses and ensure that some of the assets are in the form of short term assets. The higher short term assets and the less your short Term debt, the better your ability to pay the debt (short Term liquidity ratio / liquidity ratio help you dete rmine this). The ratio analysis will be the guide stick for the Liquidity ratio. The short term creditors of a company like supplies of good of credit and Commercial banks providing short-term loans, are primarily interested in knowing the companies ability to meet its current or short term obligations of a firm can be met only when there are sufficient liquid assets. Therefore, a firm must ensure that it does not suffer from lack of liquidity or the capacity to pay its current obligations due to lack of good  liquidity position, its goodwill in the market is likely to be effected beyond repair. Liquidity refers to the ability of a concern to meet its current obligations as and when there become due. The short-term obligations are met by realizing amounts from current, floating or circulating assets. The current assets should either be liquid or near liquidity. These should be convertible into cash for paying obligations of short-term nature. The sufficiently or insufficiency of current assets should be assessed by comparing them with short term liabilities. If current assets can pay off current liabilities, then liquidity position will be satisfactory. The standard current ratio is 1: 1.33 means any firm / company is having adequate funds to meet its obligation in time. The firm has to maintain core current assets which is easily realizable at all times. The laid down bench mark ratio to maintain the ratio of core current assets to current liabilities is 1:1

Comparison and Contrast on American Funeral and Wedding Essay - 1

Comparison and Contrast on American Funeral and Wedding - Essay Example This paper illustrates that there are no joyous celebrations on the day of the funeral and the much diversity of color that characterizes a wedding day is usually replaced by black as the most dominantly conspicuous color. The American way of celebrating both life and death does not differ much with the way it is done by other societies. To offer an insight into the American culture in terms of funeral and wedding celebrations, two authors in their literary works cover this in an elaborate way. Rebecca Mead in her book, One perfect day, gives an introspective insight into the American society’s wedding. On the other hand, Jessica Mitford also gives an in-depth analysis of the American society’s funeral in her book The American way of Death. In this study, American weddings are discussed first. Nature dictates that weddings are done before funerals. In the book about American weddings, Rebecca gives an interesting and formal perspective to weddings as a one-day celebrati on which has implications on the lives of those involved. America consists of all the three economic classes; the poor, the middle class, and the rich. It should be noted that all the classes have their way of doing things. The way in which one decides to celebrate his or her wedding is largely decided upon by the economic class of the individual. Celebrities give more attention to style and publicity in their weddings. Their weddings are characterized by media and paparazzi coverage. They invite personalities who are of significance taking into account the fact that the prominence of the people in the guest list plays a role in determining the attention the wedding gets. This is a fact that in their case is of more importance than the essence of the wedding itself. Most celebrities fall into the rich and popular category; the way they do their celebrations is replicated all over the upper class of the American society. Business people, in their weddings, invite the rich and powerfu l in the business world and in so doing, they build and strengthen their business contacts. Â  To most of them, such social gatherings are an extension of business and christened, ‘‘business in the lawn.’’