Improper Garbage Disposal

With more college graduates than jobs, the government wrestles with what to do with themSouth Korea is beginning to wrestle with the unappetizing fact that too many of its young are in college. Despite the very real success of its economy, the country can’t manufacture enough jobs for its graduates – of which it produces a lot. Singapore, Taiwan and other Asian countries to some extent face the same glut. However, South Korea seems in a class by itself.Some 86 percent of all high school graduates go on to college, and most expect to graduate with a degree. About 3. 3 million students are enrolled in 347 universities – by one calculation one of every 14 South Koreans is a university student. A full 80 percent of parents fully expect their children to graduate with a degree. According to a study by the Samsung Economic Research Institute, the number of students in college is actually lowering gross domestic product by a full percentage point.The country is regularl y faced with the odd phenomenon of newspaper stories about many of its brightest graduates who are forced to enroll in vocational schools in order to get a job after graduation – including a recent story in the Korea Herald about a young woman with a degree in French who enrolled in a course to become a Starbucks barista. Other tales have philosophy graduates learning to become bakers. Fewer than half of those who graduated in 2010 had found full time jobs by the end of 2011.That has pushed the South Korean government to promote vocational skills as an alternative to college, with President Lee Myung-bak turning up to open the Sudo Electric Technical High School in 20. Sudo is one of 21 so-called Meister Schools modeled on German vocational schools, that are being funded by the government and which guarantee graduates jobs. However, critics say lots more must be done and that in fact the entire education system must be redesigned. The 21 Meister schools are hardly enough, and the practical training aspects of their curricula mean funding must be increased considerably over that of academic high schools.Certification systems for the students must also be introduced. According to the SERI study published last week, â€Å"it is estimated that 42 percent of the nation’s college graduates are over-educated. † Had those 42 percent bypassed college and started working immediately after highs school, according to the study, South Korea’s gross domestic product would have been as much as a full percentage point higher. In addition, according to the study, maximum opportunity costs — tuition plus forgone income — from attending college total an estimated W19 trillion per year (US$16. 8 billion). That is W14. 77 trillion for four-year university graduates and W4. 24 trillion for two-year graduates. The average university graduate spends W119. 6 million (US$102,000) on his or her education and W53. 6 million for two-year college g raduates.A college degree defines success, however, marginalizing high school graduates despite the fact that during the era of Korea's double-digit growth era, skilled technicians and craftsmen with high school degrees were credited with building the nation's infrastructure and lifted manufacturing up to global standards. But today, even those better suited for technical skilled jobs right after high school feel compelled to pursue a university degree,† according to the report. â€Å"Over the past 10 years, corporate executives with only a high school degree have plunged to 2. 6 percent from 7. 2 percent. † It is relatively easy to see why the young opt for college despite the crowded campuses. If half the graduates are on the street, the odds are about the same for those with a high school diploma, and after being hired they are often headed for low-skill jobs.In 2011, according to SERI, the employment rate of young people with a high school degree only was 59. 1 perc ent and those who were working were employed in low value-added industries and hold sales, services, technical and other such positions. Mechanical jobs and sales account for 38 percent and 32. 8 percent of working high school graduates, respectively. Consequently, high school graduates in 2011 had average monthly incomes of W1. 46 million (US$1250) — 77 percent of that of university graduates and 90 percent of two-year graduates.Job security among high school graduates also is considerably lower compared to young college graduates, according to SERI. In 2011, 72. 4 percent of all employees with a university degree or higher were in permanent jobs while only 47. 3 percent of high school graduates had them. The job of righting the situation basically almost means turning South Korean society, if not the education system, upside down, according to the SERI report. One of the big problems, according to a study by Clark W.Sorenson for the Comparative Education Review, â€Å"Voca tional schools, whether public or private, are generally considered less desirable than academic high schools by the public. † At one point during the 1960s and 1970s, according to Sorenson, the government hoped to educate up to 70 percent of students in vocational schools to provide technically trained factory workers only to have parents rebel. Thus, changing both parental and student attitudes will require comprehensive measures, including developing jobs in the base industries that are the cornerstones of Korean manufacturing competitiveness .SERI recommends that a specialized organization be established to connect high school graduates to the companies that would seek to hire them. The high school curriculum also needs to be redesigned to equip high school students with what the study calls ready-to-use skill sets, teaching problem-solving skills and a sense of responsibility. The SERI study recommends borrowing an idea from the United Kingdom, which in in 2008 introduced a diploma system that requires work experience for students 14-19 years in age to strengthen their career and job education.Companies must also be brought into the equation to identify jobs graduates can fill and to expand open recruitment of high school graduates. It will also be necessary to address discrimination against applicants who have not yet fulfilled the nation's compulsory military service requirement, the study notes. Businesses tend to avoid these applicants because of concerns over lost productivity. However, recent policy reforms should assuage their worries. For example, high school graduates now may defer their military service for four years.The point that needs to be made, however, is that Korean society has astonished the world with its ability to pivot and go in entirely new ways. It is not out of the realm of possibility that the country will go ahead and institute the reforms with the alacrity that got it this far, this fast. Set as favorite Bookmark Email T his Hits: 5741Comments (2)Subscribe to this comment's feed Re Graduate Unemployment written by Rob Schackne, June 11, 2012 We are seeing a similar situation in urban China today, where the masses of graduates face an increasingly alarming dearth of jobs.Where vocationalization, rather than education, has also got a bad smell. University graduates are waiting tables†¦ though poorly. But I wonder what government initiative was it that beckoned forth all those young people into a dream of white-collar office work. Was it prosperity, the Tiger miracle? Don't get me wrong, education is a beautiful thing. I'd prefer to ride in a taxi driven by a well-educated French major than a taxed cretin. The conversation will be much better, and all that resentment is a good story that passes the time.

Describe the management styles and cultures present within the business Essay

The four management styles. Autocratic management this is where they the manager will issue instructions and give the staff orders, this gives the staff little chance to give their own opinion and ask the manager questions or even discuss things with him or her. The manager doesn’t know his staff very well and wont make many attempts to get to know them. Because of this the staff don’t see them selves as team members. Democratic management this is where that he or she is the leader of the team but they are also a team member and has to do the same work as everyone else. The team members liked to be involved in group discussions and decision making. The team leader will encourage his team to participate and help each team member to reach his or her potential goal. Consultative management’s where the manger often appears to be more democratic than he is or she really is. The manger will inform the staff what is going on and what will happen that day. He will encourage his or her staff to express their opinions but in the end he will still choose the way he wants things done around the business. Laissez faire is where the manager doesn’t really care about his staff; the manager will have a non-care less attitude. The manager will not act his or she ‘s responsibility and just leave the staff to make the decisions and to sort out their own work. A manager or team leaders will not just have one management style they normally will adapt their style to the situation which they are in, but they will go back to their normal style of management. The management style that is used in an organisation can depend on type of structure, objectives and culture that the business has. Most of the time there is an autocratic style of management in a tall structure. But sometimes in a tall structure the style of management will tend to change because there are a lot of managers and this means that there are more decisions to make. This is because it comes down the chain of command. In a flat structure there is more teamwork so the type of management style that is used is democratic. Management styles used at Tesco There are at least four types of management structures used at Tesco. The head office will set the objectives and targets for the stores and they dont have much say in it so head office will bean autocratic style of management. Terry Leahy is the managing director and is very lenient. He will visit the stores and talk to all the staff. His style of management is Democratic as he recognises that he is the leader but likes to be involved with the rest of the staff as he is interested with the team and like’s to see how the staff are doing. Andy thought this was unusual as the other managing directors in the past were very autocratic and often the visits were treated as Royal visits. The recruitment of staff is a mixture of both democratic and autocratic. Head office autocratically set how much can be spent on the staff and also the hours of pay, but they allow each stores personnel manager and store manager how they would like to spend it. This can be full-time and part-time staff. Because they tell the people applying for the job what they want from a worker and they also don’t know the people. The RAT system is a democratic style of management this is because they work together so they can solve problems that occur in the business. When a problem occurs employees of the company are asked if they would like to join the RAT team to try and solve the problem. If they do join they will meet regularly and discuss ways in which they can solve the problem. It can be any rank of staff that joins the RAT team, as they are all equal members. Andy told us that as food-training manager is responsible for his area of the shop he could choose how he manages his staff and his area. He says that he likes to have a democratic management style because he likes to be treated as a team member not just a manger, he likes to think he listens to the staff and allows them to offer their opinion. Andy told us that he uses list management. He explained this and it is used for staff who are fairly new and need help, they will receive a short but detailed list of jobs that they have to complete, and then they come back for another list. Where as other more experienced staff have a less detailed list and maybe able to work on their own and use their initiative. Culture Culture is the set of values, beliefs and attitude of both the employees and management, which will help with the decision making. All organisations have a culture. A business culture will determine how the business is run. There are 12 types of business culture. Customer driven culture is where the business is dedicated at all levels to satisfy their customers. They will try and improve all aspects of the production service down to the last detail to help the customers. This type of culture is at Tesco. Tesco number one objective is the customers and try to satisfy them with their every need. They will try giving the customers the best product’s possible. Technological culture, this will emphasise and focus on the development of technological excellence. All the ideas from any member of the business will be positively encouraged. This type of culture is at Tesco because they will try and have all the new technology available to them, for example they have all the new tills, price guns tannoys and internet shopping. Person culture is where the managers and staff will support each other’s progress threw the business and their development. This type of management is at Tesac’s because they have team five and take ten, they like to know how the staff are improving with their skills and if they are learning any new skills so they become multi- skilled. Tesco also like to know if their staff are feeling O.K and that their general life style is OK Role culture, This is where someone will

HP Finanical Analysis Essay Example | Topics and Well Written Essays - 1250 words

HP Finanical Analysis - Essay Example Hewlett Packard is the United States’ 8th largest corporation. The company s is within the top 20 corporations in the world (House, 2009). In 2013, the company was able to improve its global business operations. The 2013 accounting period generated an estimated $12 billion cash inflow. The year also reduced it net debt amount to the favorably lower zero debt amount. The company allocated and estimated $3 billion for research and development of new company products. The 2013 period included the giving of $ 2.6 billion dividends and capital returns to the company’s stockholders. Further, the HP leadership entered into new market segments to boost it global revenues and profits. The company’s 2013 operations included introducing new innovative products to the current and future global market segments. The segments include the Moonshot Server market, global data and security segment. Initially, Bill Hewlett and Dave Packard created the garage-based company with $538 investment during 1938. Using United States as base, the company is one of the top manufacturers and sellers of personal computers. In the computing business, the company delivers the global customers’ needs, which includes data storage, personal computing, hardware networking, software creation, servers, scanners, digital cameras, notebooks, printers, and several related services (Pham, 2013). The three year financial report clearly shows the company performed financially better in 2013, compared to the prior 2012 year, as shown in Exhibit A in the appendix of this paper (Hewlett Packard, 2014). HP generated high earnings from operations during 2013, $7,752 million. This is definitely higher than the prior 2012 loss, -$10,181. Consequently, the company’s net earnings for 2013 is $9,149. This is higher than the prior 2012 year’s dismal $10,181 million net loss (Noreen, 2008). The three year financial analysis shows the company fared financially

Pricing - New Product Development Essay Example | Topics and Well Written Essays - 3500 words

Pricing - New Product Development - Essay Example Analysis of design and technical features of the product are essential part of product development and would be required in price evaluation period. The challenge is to engage with the competitors and meet the market in effective and deliberate way. In the longer run, the aim is to build a relationship with British Petroleum in order to meet the primary objective of market capturing. This will introduce the eco bins in UK market in a good aspect of time and make it available for the new users. In pricing objective, the company should go with market penetration tactics, which would be achieved by a strong promotional campaign. Setting discount package is a good idea and in-fact a perfect idea to begin with. The need would be to meet the competition in the very first phase of the business. 1. Pricing Objective Pricing is the primary function of a business, which associates with the rest of the functions in a considerable way. It is a process of product development, product enrichment a nd promotion respectively. In a business organization, pricing is a central function and if it goes on successfully, the rest of the business is with parallel results (Lan 2006). Pricing is the main element of marketing and holds the major role in developing a marketing mix strategy. ... For a new product to be launched, it is necessary that the product meet the needs and wants of the customers, this is how new buyers could be attracted, and the product will penetrate in the starting aspect of time (Kotler and Armstrong 2008). Primary objective would be to penetrate the market and develop all possible tactics to add value to the product. This would require a profitable pricing scheme which can deliver a plan set for achieving the objective. Deploying the starting promotional campaign at every site of launch would be part of the plan. It is necessary that 4Ps of Product, Price, Place and Promotion are in a stepwise order and implicated in the right direction (Moore and Pareek 2010). In the longer run, the secondary objective would be to stabilize the position of the company with a good reputation of available bins for the users. This will take time, but once a right price is obtained for the eco bins, the longer run objective would be achievable. Developing customer r elationship and adding value to the product is part of the plan and should be focused at every step to develop repute for the company. This would require a marketing mix strategy in which customer’s perception and response are in the consideration. On the parallel side, competitors should also be focused and see how the company can sustain its position in the UK market arena. 2. Pricing decision Setting the right price in terms of value, profitability and customer’s perception are essential features of a pricing decision (Oxenfeldt 1973). In the start, the aim is to develop a positive customer perception towards such eco friendly recycling bins, which would be

Financial Crisis of 2007-2008, Lax Regulations or something Else Essay

Financial Crisis of 2007-2008, Lax Regulations or something Else - Essay Example Financial Crisis of 2007-2008, Lax Regulations or something Else Over the period of time, financial services industry went through extensive de-regulation with many institutions taking benefits of such lax regulations. Changes in regulations resulted into a shift in orientation and business strategies of the financial institutions. The focus clearly shifted towards managing short term performance rather than ensuring long term survival of the organization.( Allen & Snyder, 2009) Regulations alone however, cannot be termed as the reason for the financial crisis as there were multiple factors at play. Though lax regulations played their part but the changes in business strategies, changes in accounting standards, loose monitoring from the supervisory authorities, efficient market hypothesis as well as other factors were can be evaluated for their possible impact on the crisis. In this part of the paper, it will be argued that lax regulations were not the only reason for the financial crisis which emerged during 2007-2008. Financial crisis of 2007-2008 is considered as one of the worst economic and financial crisis since great depression of 1930s. The sheer size and intensity of the crisis has made it global because not only the developed countries were affected by the crisis but also the other developing countries were subject to crisis also. Besides creating the threat of the complete collapse of the leading financial institutions of the world, it also resulted into governments intervening by bailing out the financial institutions as well as other organizations.... The after effects of the financial crisis forced many developed countries to actually enter into strict austerity measures to deal with the growing public debt and fiscal deficit issues.( Aalbers, 2009) How Crisis Started The overall immediate cause of the financial crisis was the bursting of housing bubble in US wherein subprime mortgage holders started to default on their repayments. Over the period of time, US financial institutions started to lend to those borrowers who were technically not eligible to obtain the loans owing to their bad credit history and other factors. However, such borrowers also offered opportunity to earn higher returns as financial institutions attempted to profit from higher risks. Due to inflows from Russian as well as Asian financial crisis, financial institutions were left with excessive liquidity to offload in developed capital markets of US and UK. In order to utilize excess funds and banking on the lax regulations, financial institutions in US starte d to lend to borrowers with adverse credit history. This was accompanied by the boom in the construction sector of the economy also and financial institutions along with construction companies attempted to benefit from this. Housing bubble however, started to burst simultaneously at other developed markets also. Not only US suffered from the same but countries like UK also witnessed the cooling off of housing market and increasing rates of defaults on housing portfolio. Further, the crashing of the bubble created a contagion effect on other sectors of the economy also. As a result of this crisis and resulting tightening of credit by the financial institutions, other related industries such as automobiles

Short Essay Example | Topics and Well Written Essays - 500 words - 3

Short - Essay Example This paper argues that insecurity can be fought without necessarily invading privacy. Following the recent leaks of the spying operations of the National Security Agency (NSA), it is evident that the government sees is traditionally rational to eavesdrop on almost all Americans’ communications for suspicious actions (Editorial Board, 2013). This breach shows that the security agency downplays the privacy rights of the citizens. Even though the society has become increasingly dependent on digital technologies, with most of the details being readily available online, the government has forcibly argued that security is one of its primary mandates. On the contrary, the fact that data gathered by the NSA is normally obtained without the consent of the originators raises some serious questions: why would security threats within the American population find the NSA activities as tactic threatening? Should individuals suspected of posing security threats to millions of innocent civilians enjoy immunity from eavesdropping? If yes, what should be the extent of their pri vacy? In light of these questions, one might think that the recent breaches of privacy would underscore the American society’s security scares as legitimizing their deliberate loss of own individual privacy (Editorial Board, 2013). If this is factual, it would imply that the citizens have become used to the notion of sacrificing their individual privacy in order to stay safe from terror activities. This is not the case, however. As such, the government forcefully argues that an individual who surrenders essential freedom would be safer. Regardless, Editorial Board (2013) said the likely loss of both privacy and security calls for a proper way to balance the two fundamental issues. Instead of gathering personal data on virtually all American citizens, the security agencies need to concentrate on real threats to

Quiz 1 Spring 2014 for Escape from Camp 14 Essay - 1

Quiz 1 Spring 2014 for Escape from Camp 14 - Essay Example nce he constantly saw her as a threat to his survival in prison, especially during her childhood years in the prison, for example, since she beat him, and she was also a competitor for food to him (Harden, 3). The fact that the horrendous experiences in the prison that had taught him something different from what humanity is, he could not relate to what it means to be human, to have family, and to relate with others at a human level. His dark secret has now caused him agony, even after 7 years of freedom in USA, despite his attempts to reinvent himself through changing his name (Harden, 1). The memories of seeing his mother hanged and those of seeing his brother shot dead, especially coupled with the fact that Shin is the one who betrayed them is an experience that has completely incapacitated him, so much so that, after experiencing humane living condition and after relating with other people at a human level, he is unable to forgive himself for the betrayal. Shins behavior, like everyone elses in Camp 14, is completely different from that of people living in a free world, or at least those who were not born in a prison camp in North Korea, and his behavior is based on a radically different moral code. It is completely incomprehensible and even inconceivable in the mind of a person who has lived his whole life in a free world, for example, the fact that a son can actually feel glad and relieved by the death of his mother and his brother (Harden, 3). It is even more inconceivable why a person would like to betray his own family; his only family as far as he knows it, especially because Shin was born in a prison camp and therefore did not know any more family or relatives, other than the ones he had in prison. This is because love to him was a meaningless word, having viewed her mother as a threat from childhood, while viewing his brother as a stranger and his father as just any other visitor who cohabited with her mother five times a year (Harden, 3). Such are the

Strategic leadership in changing world Essay Example | Topics and Well Written Essays - 2000 words - 1

Strategic leadership in changing world - Essay Example They should analyze the significant initiatives to be taken by the top leaders in the company, and integrate resources in order to create organization change. Denis, Langley and Rouleau (2010, p.67) argue that strategic leaders should change their skills through implementing unique strategies that will enable them to meet the demanding needs of an organization in today’s changing business world. Michael Porter and Gary Hamel offer varied disciplines that managers or leaders should practice in order to achieve success in the global changing business. Therefore, they have employed varied approaches to the paradox of the market and resources, but organizational circumstances or the changing business world affects the choice of strategic leaders when employing their approaches. Porter and Hamel offer varied approaches that strategic leaders should follow, but some of their approaches would affect the choice of strategic decisions because of the ever-changing business environment. One of the approaches employed is the industrial organization in achieving a competitive advantage in a business entity. Hamel, the American economist in management came up with a core competency management concept in order to achieve a competitive advantage. This concept takes varied forms including technical matter of knowhow and close relationship with clients. It also takes into consideration product development or cultural aspects through employee dedication towards creating a successful business environment. The core competency strengthens the industrial relation with other organization and offers fundamental basis for adding value to products. Moreover, Hamel emphasizes that the core competency should enable strategic leaders to employ asset of effective skills or design techniques in order to deliver value to their clients. However, the core competency may affect the deliberate decision of leaders in the current business setting. This is because many companies are nowadays e mploying customer value approach as a way of achieving a competitive advantage. They emphasize on creating product value that satisfies the needs of customers; thus enabling them to become leaders in the global market (Pongsakornrungsilp and Schroeder 2011, 319). Hamel emphasize that the core competencies contributes to the advancement of worth products that meet the needs of customers. The core competency is effective because it is developed continuously with varied organizational improvements overtime. Hamel further use the industry organization approaches in explaining the way strategic leaders can achieve the core competency. The industrial organization method is a based on the financial theory, which deals with competition, distribution of resources and economies of scale issues. The hypotheses behind these  approaches are the rationality  aspects,  profit maximization and  self-discipline behaviors in the work environment. This approach is essential because leaders in the current changing business environment should understand the core competency in an industry. They should predict the future challenges and business opportunities in order to help them stay top in any varying business situations. Hamel reveals that the core competencies are developed through constant changes of brands in order to meet the demanding needs of customers in the changing business world. Therefore, in order for organizations to succeed in the emerging global market economy, they should create the core competen

RMON and RMON Probes Essay Example | Topics and Well Written Essays - 1250 words

RMON and RMON Probes - Essay Example For instance, SNPP is neither convenient nor efficient while collecting network traffic over an overused, low-bandwidth WAN link (Docstore, 2014). This means that SNMP does not guarantee the effectiveness of collected data since the data collected under SNMP is usually not ready for use. This call for a better approach in the collection, processing, reduction, and retrieval of data in a selective manner and hence the concept of a remote monitoring (RMON). The remote monitoring (RMON) should act as an extension to SNMP. Indeed, RMON and SNMP organize and retrieve data in a similar manner (Docstore, 2014). Generally, RMON refers to mechanism that collects and processes data at the collection point (Docstore, 2014). Ideally, we can refer to RMON as a standard mechanism that defines a set of statistics and functions that can shift between RMON-compliant console systems and network probes (Cisco, 2014). Just like in a SNMP, users can implement the RMON as a standard Management Information Base (MIB) on RMON-enabled devices. As a result, RMON offers a better platform to network-fault diagnosis, plan, and fine-tune the collected data (Cisco, 2014). RMON can collect data through a continuous process and offline mechanisms (Docstore, 2014). More so, we can implement the RMON in software of an existing device, hardware, or separate device. The implementation of the RMON helps in achieving remote packet capture (Docstore, 2014). Notably, the ha rdware implementations of the RMON or Remote network monitoring devices define  Remote Monitoring probe (RMON probe) or monitors (Docstore, 2014). Indeed, the RMON-enabled devices include the RMON probes and existing network devices like routers that have an RMON probe embedded into their circuitry (LUTEUS SARL, 2004). In this context, an RMON MIB describes data organization, OIDs identifies the data, while SNMP commands retrieves the data (Docstore,

Experiential paper Essay Example | Topics and Well Written Essays - 1750 words

Experiential paper - Essay Example The purpose of the internship was to help develop my human resource skills while interacting with people in the profession. As an intern, I looked at the potential employee problems at the Saudi Arabia Royal Embassy and their functions, in technical skill, human skill, and conceptual skill. There are three basic management skills: technical, human and conceptual. A technical skill is the ability to use tools, techniques, and specialized knowledge to carry out a method, process, or procedure. (Higgins, p 13) An example of this would be the Naval Attach a position which advises on all things military, especially the royal navy, in the Kingdom of Saudi Arabia, to the Ambassador and appropriate stakeholders, such as the United Nations or the United States of America. Another example, would be the computer programmer attach who needed the technical information systems skills to maintain the computer systems at the embassy - particularly critical - since support otherwise would be from a different and incompatible time zone and location to distant to provide onsite support. Human skills are used to build positive interpersonal relationships, solve human relations problems, build acceptance of one's co-workers, and relate to them in a way that their behavior is consistent with the needs of the organization. This is especially needed when there are vast differences in the cultures as is often the case in current globalizations of businesses and governments across the world. Conceptual skills involve the ability to see the organization as a whole and to solve problems in a way that benefits the entire organization. (Higgins, p 15) Analytical, creative and intuitive talents make up the manager's conceptual skills. Kingdom of Saudi Arabia and the Royal Embassy The Kingdom of Saudi Arabia is located in southwest Asia, at the crossroads of Europe, Asia and Africa; extending from the Red Sea in the west to the Arabian Gulf in the east; bordered on the north by Jordan, Iraq and Kuwait, on the south, by Yemen and Oman, and on the east by the United Arab Emirates, Qatar and Bahrain. The terrain is varied; fairly barren and harsh, with salt flats, gravel plains and sand deserts; a few man-made lakes but no permanent streams; in the south, the Rub Al-Khali (Empty Quarter), the largest sand desert in the world; in the southwest, mountain ranges of over 9,000 feet. The climate is June through August, over 110 degrees Fahrenheit midday in the desert; humidity in coastal regions up to 100 percent; elsewhere, mild; possible winter temperatures in the northern and central regions dropping below freezing; rainfall, from none at all for up to 10 years in the Rub Al-Khali, to 20 inches a year in the mountains of Asir Province.The populate is as of the 2004 census, 22.7 million, including about 6 million expatriates. The practicing religion is Islam, which is the basis of the legal system and of government. Islamic state based on principles prescribed by the Qur'an (Islam's Holy Book) and the Shari'ah (Islamic law); Provincial Council System, Consultative Council (Majlis Al-Shura), and Council of Ministers. Arabic is the spoken language, however, English is widely spoken in urban areas. King

Preparing Salts- IB Lab Essay Example for Free

Preparing Salts- IB Lab Essay Calcium chloride (CaCl2) has been manufactured for over 100 years. The salt is used in a variety of industrial and consumer products, and is supplied as flakes, pebbles, pellets, powders and solutions with varying concentrations. Calcium chloride dissociates easily in water to form Ca and Cl ions. Calcium is essential for the formation of skeletons, neural transmission, and muscle contraction, coagulation of the blood, and algae and higher plant growth. Chloride ions are also required for normal cellular operations in animals and humans, and serve as a micronutrient for plants, playing important roles in photosynthesis and osmoregulation. Calcium chloride is considered to be practically non-toxic to aquatic organisms and bioaccumulation is unlikely. Calcium chloride does not burn and is not flammable. Calcium chloride is corrosive to some metals. Calcium chloride is completely soluble in water. Because calcium chloride is hygroscopic, it should be stored in a dry place and be protected from atmospheric moisture. Heat is produced when calcium chloride is dissolved in water and spattering and boiling can occur. (Calcium Chloride SIDS Initial Assessment Profile, 4, 12-14) Salts are prepared by five methods. A metal can combine directly with a nonmetal to form a salt. A metal can react with acid to form a salt and release hydrogen gas. A base can react with an acid to form a salt and water. An acid can react with a carbonate and form a salt, carbon dioxide and water. And finally two salts can react to form two other salts. AIM (PURPOSE) Our aim was to create 0,124 grams of calcium chloride. In order to prepare the salt, we used a base and an acid. The reason why we chose this method was first, we had the chemicals and second, using two salts was dangerous. So we have decided to use neutralization method. HYPOTHESIS We predict that we will obtain 0.124 grams of CaCl2, because we used the correct stoichiometric amounts of the reactants HCl and Ca(OH)2 , according to the mole ratio for their reaction. VARIABLES To prepare the right amount of salt, we had to keep the temperature stable. We used room temperature. Although we heated the beaker, we let it cool down before measuring its mass. Another constant variable was concentration. We had to keep it still so that there wouldnt be a change in the reaction. Everybody in the class prepared different salt so everybody had different kinds of ions and since the salts were different, their solubility was different too. MATERIALS AND EQUIPMENT Beaker 100 ml 0.0815 grams of HCl 0.0828 grams of Ca(OH)2 Plastik dropper Scale Heater Spatula PROCEDURE 1) First of all, we decided which acid and base we should use. Since we had HCl and Ca(OH)2 in chemistry lab, we decided to use this acid and base. 2) We wrote the chemical equation of the reaction. 2HCl + Ca(OH)2 2H2O + CaCl2 We used HCl acid and Ca(OH)2 base. When an acid and a base react, they form water and a salt. After writing down the products and reactants, we balanced the equation. 3) In order to make 0.124 grams of salt, we needed to know the amount of reactants we should use. To find out, we used stoichiometry. 2HCl + Ca(OH)2 2H2O + CaCl2 2 moles 1 mole 2 moles 1 mole H:1.01 Ca:40.08 H2:2.02 Ca:40.08 Cl:35.45 O2: 32.00 O:16.00 Cl2:70.9 (35.45+1.01)à ¯Ã‚ ¿Ã‚ ½2 H2: 2.02 (2.02+16.00)à ¯Ã‚ ¿Ã‚ ½2 Mr: 72.92 grams Mr: 74.1 grams Mr: 36.04 grams Mr: 110.98 grams 72.92à ¯Ã‚ ¿Ã‚ ½0.124à ¯Ã‚ ¿Ã‚ ½110.98= 0.0815 grams of HCl (which is 20 drops) 36.04à ¯Ã‚ ¿Ã‚ ½0.124à ¯Ã‚ ¿Ã‚ ½110.98= 0.0828 grams of Ca(OH)2 4) We measured exactly 0.0828 grams of Ca(OH)2 . 5) We added 20 drops of HCl into the Ca(OH)2. 6) To have only salt as a product, we needed to heat the beaker so that the water would evaporate. After we heated the beaker for several minutes, we let it cool. 7) When the beaker was cool enough, we measured the salt and the beakers mass. It was 32,5097 à ¯Ã‚ ¿Ã‚ ½0,0005 grams. To make sure that there was no water, we decided to heat and measure it again. 8) The second time we heat and cooled and measured it, we found 32, 4896 à ¯Ã‚ ¿Ã‚ ½0,0005 grams. 9) Then we washed the beaker and measured it when its empty. We found 32.3551à ¯Ã‚ ¿Ã‚ ½0,0005 grams. 10) We subtracted the beaker and the salts mass from the empty beakers mass to find salts mass. The salts mass is 0,1345à ¯Ã‚ ¿Ã‚ ½ 0,0005 grams. Our aim was to prepare 0.124 grams of CaCl2 salt. RAW DATA PROCESSED DATA 1st Measurement (à ¯Ã‚ ¿Ã‚ ½0,00005 g) 2nd Measurement (à ¯Ã‚ ¿Ã‚ ½0,00005 g) Beaker+Salt Salt Beaker+Salt Salt 32,5097 à ¯Ã‚ ¿Ã‚ ½0,0005 g 0.1546 à ¯Ã‚ ¿Ã‚ ½0,0005 g 32, 4896 à ¯Ã‚ ¿Ã‚ ½0,0005 g 0,1345 à ¯Ã‚ ¿Ã‚ ½0,0005 g CONCLUSION Our aim was to create 0,124 grams of calcium chloride. In order to prepare the salt, we used a base and an acid. To achieve our aim, first we decided which method we should use to prepare this salt. We had two options because we didnt have other materials. We could have used either two salts or a base and an acid. After deciding to use a base and an acid, we used stoichiometry, which is a quantitative branch of chemistry. Stoichiometry is the science of measuring the quantitative proportions or mass ratios in which chemical elements stand to one another(Jeremias Benjaim Richter, 1762-1807). We calculated the amount of chemicals we should use. Then we started preparing our salt and reacted base with the acid. After heating the beaker to eliminate water, we get our salt. We measured it and found out that we prepared 0,1345 à ¯Ã‚ ¿Ã‚ ½0,0005 grams of CaCl2 salt. The reason why we get water and a salt when we react bases and acids is simple. Everything started with Swedish chemist Jons Berzelius, who said that acids and bases have opposite charges. After that the Arrhenius Theory explained that an acid is a compound which produces hydrogen ions and a base is the one that produces hydroxide ions when dissolved in water. Then as the Bronsted-Lowry Theory indicated, when an acid behaves like a donor (an acid as an H+ ion), it means that the hydrogen ion is separating from the acidic compound and when a base behaves like an acceptor (a base as an H+ ion), the hydrogen ion is bonding with the basic compound. Because water molecules are polar, the negative charges tend to congregate on one end of the molecule with the oxygen atom, while the positive charges remain on the other end with the hydrogen atoms. The Brà ¯Ã‚ ¿Ã‚ ½nsted-Lowry model emphasizes the role played by water, which pulls the proton from the acid, resulting in the creation of the hydronium ion (Zumdahl, Introductory Chemistry: A Foundation). Then finally with the Lewis Theory, which extends Arrhenius and Bronsted-Lowry theories, it was discovered that bases gives electrons and acids accepts them. So, an acid and a base react, since they attract each other. And when they react, the base generates OH+ and the acid generates H+ which forms water. And the other ions react to form a salt. With this experiment we not only used what we have learned about preparing salts but we also used stoichiometry, which is a very important topic in chemistry. We did all the calculations and the experiment ourselves and we get to apply our knowledge. EVALUATION Although the result we get was really close, we didnt exactly find 0.124 grams of CaCl2. The percentage error of the experiment is %9. We found 0.1345 à ¯Ã‚ ¿Ã‚ ½ 0,0005 grams. To make this experiment better, first of all we could have research our salt and learn more about it. We didnt know that Ca(OH)2 is hygroscopic in the first time we measured its mass. Thats why its mass may have been measured more than it should be. But the second time we measured the beaker, we were more careful however still when we let the beaker to cool, its mass might have increased. After we heated the beaker, we waited for several minutes and waited it to cool but the beaker and the salt within might have been still warm. If we measured salts mass when it was still hot, that means we found the mass more than it should be. If we had more time, maybe we could be sure that it was in the room temperature and then measure it. Although we cleaned the beaker after the experiment, we might have left salt in it and when we measured empty beakers mass, we might have found something wrong. We could have cleaned it more neatly. REFERENCES Calcium Chloride SIDS Initial Assessment Profile, UNEP Publications, SIAM 15, Boston, October 22-25, 2002, pages 4, 12-14. Zumdahl, Steven S. Introductory Chemistry: A Foundation, 4th ed. Boston: Houghton Mifflin, 2000. www.answer.com www.wikipedia.com

An analysis of age gap relationships

An analysis of age gap relationships Views towards age-gap relationships should not be viewed through stereotypical eyes; instead they should be viewed with an open mind, for they are more than what you see. Age-gap relationships have been around since the dawn of human life. Historically age-gap relationships have been between an older male and younger female, and many cultures arranged marriages with this pattern. Age-gap relationships are not socially constructed, but have evolved. They are also seen often in nature. Stereotypes and negative opinions are heard often in media, by friends and by family. Many famous celebrities, royalty, and rock stars have been in age-gap relationships. In many cultures, arranged marriages have been between a young girl and an older man, this could have been to prevent marriage outside of the culture, to increase political power, for livestock, or to resolve inter political issues. Doing this helped to increase the number of the community members, because a young girl could produce many more children than an older woman. Older men had more resources to support the girl and her offspring than a young boy. By arranging the marriages in this way the parents were insuring a greater number of surviving grandchildren to pass on their genes, wealth, legacy and land. At an evolutionary stand point age-gap relationships should be more common as well as less criticized. .. men are predisposed to produce as many offspring as possible, to increase the probability that their genes will be passes onà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦women prefer a mate who has adequate resources, or the potential to obtain resources,à ¢Ã¢â€š ¬Ã‚ ¦.(Banks and Arnold 2001) By learning to seek these qualities we have subconsciously insured the survival of the human race. This evolutionary process is not much different from the way animals use to choose their mates. Mate preferences may have evolved, rather than being socially constructed (Banks and Arnold 2001), therefore age-gaps should be considered the social norm, and similar age relationships should be considered abnormal. Age-gap relationships have a rollercoaster history, where they were once accepted, then they werent, and now they are becoming accepted once again. Women older relationships however are still considered taboo, but that doesnt mean they should be discriminated more. Age-gap relationships whether female older or male older should be looked at as a regular relationship. The same challenges and problems should be considered when the relationship itself is being evaluated. Criticism of age gap relationships is similar in the way which different races and gay couples are criticized, people look at what is on the outside and not at what they really are. There is an old adage Dont judge a book by its cover and I feel that more people should follow this, not only when dealing with age-gap relationships but when dealing with all situations in which it is not as it appears. There are many different stereotypes put towards age-gap relationships. Such as: The younger partner is either looking for a parental figure or is in it solely for monetary gain, and the older partner is only after youth and physical attributes (Anisman-Reiner 2008). Sadly these stereotypes are true in some situations, but it does not mean that every age-gap relationship is like that. The relationship in question should be examined first, then the age of the partners. Many relationships that were healthy and actually had love in them, were broken up due to constant harassment from family, friends, and even strangers. Criticism that age-gap relationships receive are based on extreme instances. The older partner will get dirty looks and be called a cradle robber or be accused of cheating on their spouse (which other than the younger partner doesnt exist). Other things people say are: what could you possibly have to talk about, can they even keep up with you physically or they are holding you back from experiencing your youth this usually causes stress for the couple. These are not always true but it causes the couple to focus on what people say about them, instead of other things in their relationship. Its possible for couples with large age gaps to be able to have common interests, as well as have the same amount of physical activity. For example a 45 year old man can play a game of tennis at the same level as a woman in her 20s, or both could be into classic rock or horror movies. It is true that sometimes when you enter an age-gap relationship you are risking losing some life experiences, but yo u can create new ones that neither of you have had. That way the older partner is not repeating life experiences, and they younger partner is gaining life experiences. Either way age-gap couples get around these obstacles and have healthy lasting relationships. Many people will admit that they have been in an age-gap relationship or they know someone has. These relationships are becoming increasingly common nowadays and yet they still receive criticism. Although men and women report a preference for and openness to age gaps in their own relationships, they typically disapprove of age gaps in others relationships. (Lehmiller and Agnew 2008) Why would you be willing to consider something for yourself, but then tell your friend that they shouldnt do it? If it is because you know you could handle it and your friend couldnt, what makes you think you know your friends capabilities better than they do? Better yet if your friend doesnt know herself, then what makes you think you know your own self? These are questions you should ask yourself before you make the decision to discriminate against others being in age-gap relationships. My grandmother and her husband were 25 years apart and yet they did not receive criticism, but when I entered into a r elationship with a 14 year age difference she made a big deal about it. Sadly this occurs often to people by their family and friends. We are all born with an incest avoidance instinct, sometimes depending on your upbringing it could go away, but normally we tend to react to what we see before we have a chance to think about it. A difference in age of 15 years and greater would mean that a couple could, in terms of age be parent and child and so we suggest that social opposition to these age-differences will be greater, because people would wish to avoid the suggestion of incest (Banks and Arnold 2001). Due to the appearance of the couple we instantly think that the older partner could be the younger partners parent. Because of this instinct we become so focused on the difference in age that we dont notice anything else about the relationship. Parents are often worried that when and if their young son or daughter enters into a age-gap relationship, that the older partner will exploit them for sex and not truly love them, or that the partner is closer in age to themselves than their child. I feel that though the parents mean well, they should evaluate the relationship and get to know the older partner before being so quick to judge, and find out if it is healthy for their son or daughter. Let he who is without sin cast the first stone (John 8:7). Due to the different rates at which boys and girls mature, age-gap relationships could even be considered ideal to insure the survival of a relationship. Its possible for two people at different ages even with a 20 or 30 year age gap to be equally mature, however you define the term.(Anisman-Reiner 2008) Everyone growing up has heard that girls mature faster than boys, and it makes sense that this would make it easier for age-gap relationships to work and last. It also answers why many similar-age relationships (especially high school relationships) dont last. As you get older the age-gap in the relationship matters less, because both partners are maturing. Many famous couples both present and throughout history were involved in age-gap relationships. The gaps range from less to one year to more than thirty years. Billy Joel and Katie Lee had thirty-two years between them, and Tom Cruise and Katie Holmes have sixteen years between them. These are people we idolize, we watch on television, on movies, and whose music we listen to. One day the media will pick them for cutest couple and then the next day they criticize them, and we just go along with it, instead of using our own minds. The criticism increases more if the woman is the older partner, and they have been labeled by the media as cougars. Such as Demi Moore and Ashton Kutcher (15 years difference), they receive tons of criticism and yet remain happily married, so far for 5 years. It is not only in present times that age-gap relationships exist, they have been around for centuries. Cleopatra and Julius Caesar had more than 30 years between them when their romance began. Another co uple would be Frank E. Butler and Annie Oakley who had 22 years between them. During my personal experience in an age-gap relationship I have been lucky to have friends and family to support me, well most of my family. We do get dirty looks in public even though my boyfriend doesnt look that much older than me and definitely doesnt act older than me. If we just focused on what other people thought of us, we wouldnt last. Together we have accomplished so much, and continue to climb mountains! I guarantee that if we did not receive the support we have, we would not have made it. You should not discourage an age-gap relationship unless you know for an absolute fact that it would be damaging to one or both parties, you may find that age-gap relationships are a wonderful positive experience. In conclusion age-gap relationships are criticized, stereotyped, and put down. Even though they are becoming more common, have been around for centuries, occur in nature, and have proven to have lower divorce rates. Society should look at the relationship, not the ages of the people, and maybe more of these relationships would succeed. Age-gap relationships are just like normal relationships and should, according to evolution, be the social norm though due to social influences this is not the case. Nobody likes to be picked-on especially for something that makes them happy, so we should follow the golden rule Do onto others as you would have them do unto you. Age-gap relationships should be looked at for what they are, not what they seem.

Statistical Analysis Results of Crime: ANOVA Test

Statistical Analysis Results of Crime: ANOVA Test THE ANALYSIS OF VARIANCE (ANOVA), STUDENTS ‘T’ TESTS AND MATRIX ALGEBRA ATUBI, A. 0. Ph.D. Introduction The ANOVA sometimes referred to as the F test (named after the statistician Sir Roland Fisher, the author of this test) is a set of procedures for testing the significance of differences among more than two independent means. This procedure determines the extent to which there are significant differences between the means of three or more samples with a single level of significance. Because this procedure and others like it focus on variances, they are referred to as the analysis of variance or ANOVA One Way Analysis of Variance The step in ANOVA can be illustrated by an example Example 5.1.1 The number of crimes committed in 4 months in various parts of a town are list below: Month Artisan quarters Slums CDB GRA January February March April 20 16 32 16 52 44 56 36 36 40 36 40 16 20 32 20 At 0.05 level of confidence, are crime frequencies related to urban morphology or month of the year? First set up a null hypothesis of equality of the means Let Ho be: â€Å"There is no significant difference between the crimes frequencies and urban morphology or month of the year. Next, find the total of the four areas as listed below then their means Total =Artesan SlumsCBDGRA 8418815288 Mean Next, calculate the Grand mean Next, calculate the sum of squares for each population. Note that in ANOVA the number of samples do not have to be same Table 4.1.1: Means and sums of squares of crimes committed In ANOVA, we determine differences between means by calculating their variability. Three types of variability are estimated: The variation within each sample result The variation between the sample results The total variation of the samples, regardless of the sample grouping to which they belong (Anyadike, 2009) Next, calculate the sums of the sum of squares for each column (i.e Variable): SSW = ∑∑(Xij X)2 = 172+236+16+144 =568 Calculate sum of square between = ? N (X —X)2 =4(21-3 2)2+4(473 2)2+4 (3832)2 + 4(2232)2 = 484 +900+144+400 =1928 Calculate the within group sum of square. MSW = SSW n-rn Where n=no of observations M=no of groups Similarly, the mean s square between will be MSb =SSb M-l Therefore MSW =SSb=568=568 n-m 16-4 12 = 47.33 The ratio between the variance estimate is known as the Snedecor’s variance ratio test or Snedecor’s F Now set up an ANOVA table: Finally, test for significance: The degrees of freedom, V are: V- numerator = M-1=4-1=3 V- denominator = n-m= 16—4=12 From the Table of the F-Distribution, critical value of F at 0.05 3 and 12 =3.49 Calculated value is 13.18 Since the calculated F of 13.58 is greater (>) 3.49, Ho is rejected. Therefore, â€Å"There is a significant difference between crime frequencies with regards to urban morphology or month of the year. THE STUDENT ‘T TEST The most powerful test for the comparison of sample means is the student ‘t’ test. It is a parametric test and is used to determine whether or not the differences between two sample means are sufficiently great as to justify a conclusion that the means of their populations also differ significantly. It is also used for small samples The student ‘t’ is expressed as: T = x1-x ­1 vS12/N1 + S22/N2 Where X1 and X2 are the means of the two sets of data; S1 and S2 their standard deviations; and N1 and N2 the number of observations. The degree of freedom, V is expressed as follows: V = N+N,-2 Degree of Freedom There is often confusion among students about the concept of â€Å"degree of freedom†. Basically, if the sum of a set of elements and the sum of all but one is of its elements are both known, then the value of the last element must also be known, i.e. it is not, unlike the others, free to vary (Ayandike, 2009). For example, if the sum of 8 elements is 30 and the values of 7 of the elements variously add up to 28, then the value ofthe final (i.e. the 8†) element must be (30-28) = 2, i.e. if is not free to adopt any other value. The degree of freedom in this case is thus (8-1) = 7, i.e. in the set of 8 element, 7 of them are free to take on any values to sum up to 28, leaving value inviolate ELEMENTS OF MATRIX ALGEBRA Introduction The matrix is a rectangular array of number arranged in rows n and columns, m i.e Each of the numbers is called an elements. The position of each element is determined by its position in the row as well as in the The size of the matrix is given by the number of rows (n) and number of column (m) for example. A matrix which has the same number of rows and columns is called a square matrix. In the example above, a and c are square matrices. A matrix with a single row is called a row vector, while a matrix of a single column is called a column vector. Example of a row vector is {3 5 7 8} example of column vector is Matrix can be added, subtracted, multiplied and inverted but cannot be divided. However, they can only be divided by a scalar (i.e an ordinary number). Addition of Matrix Matrices to be added must be of the same size as one another. That is they must have the same number of columns and row s. This is because each element of one matrix must be added to the same element of the other matrix e.g. supposing we are adding two matrix [A]  ± [B] [A] + [BI =[C] i.e you add element by element N.B:The number of columns and rows must be the same before it can be added Matrix Subtraction The same rule as addition is applied e.g to subtract [BI from [A] [A] [B] Matrix Multiplication There are two aspect of matrix multiplication namely: a.Multiplication of matrix by a scaler b.Multiplication of matrix by two matrices By Scaler Supposing we are multiplying the matrix below by 4 Multiplication by Two Matrices When two matrices are to be multiplied, the number of columns in the first matrix must be equal the number of rows in the second matrix e.g. 23 matrix can be multiplied by 32 matrix. But a 23 matrix cannot be multiplied by another 23 matrix because the number of rows there is not equal to the number of columns in the second e.g. The result will have as many rows as the first and as may columns as the second. Multiplication of a matrix by vector, example An identity or unity matrix 1, is a matrix where the diagonal consist of l’s and the rest of the elements are zero e.g.: Matrix Inversion In matrix, algebra function of division is changed to that of inversion. The inverse of the matrix is it’s reciprocal i.e. Only square matrices have inverses. A matrix that cannot be inverted is called a singular matrix. Several methods exists for finding the inverse of a matrix. They includes 1.  The classical method This is to set the matrix beside an identity matrix, and to perform all operations simultaneously in both matrices, for example, if you are to invert this matrix [A], you first place it beside an identity matrix You have Step 1 Subtract row 2 from 3, multiply row 1 Row 2(3xrow 1) Step 3 2.  By Determinants This is the more modern one. A determinant is a single number extracted from a square matrix by series of operations. It is represented by either det A or /A/ The process of obtaining a determinant from a matrix is called evaluating the determinant. Using determinant, the inverse of matrix [A] becomes /A/ = ad—bc The adjoint of a matrix is the transposed matrix of co -factors with the signs taken into consideration. The signs are alternating +, -, across and down the element of the matrix e.g. in a 22 matrix So far a 22 matrix, the inverse is the adjoint of that matrix over the determinant of the matrix. The determinant of a 33 matrix The minus for each leading element becomes Uptill i. The Solution of Simultaneous Equation The major interest in matrices (and its greatest strength) is their use in the resolution of the unknowns in simultaneous equations (Anya dike, 2009) SIMULTANEOUS EQUATIONS WITH TWO UNKNOWNS 3x+4y 10 2x +‘7y = 11 Set in matrix form 1.Using the classical method, our equation in matrix form is [A] [x] [B] The matrix of the unknown [x]=[A]=[B] For a 2 x 2 matrix the adjoint of it is Since our matrix of unknown is Check with original equation 3x+4y =10 2x +7y1l Check 3(2)+4(1)= 10 =6+4+10 2(2) +7 (1) =1 4+7=11 1. By determinant method The matrix in our example is [A] [x] [B] This 13 is called the common denominator. Then we find the numerator of x, which is the determinant of the main matrix. :. X2/A1.B/-à ·/A!13113 =1 =y Therefore,Y = 1 X=2 REFERENCES Anyadike, R.N.C (2009) Statistical methods for social and Environmental Sciences. Spectrum Books Limited Ibadan. Anyadike, R.N.C (2009): Statistical methods for social and Environmental sciences. Spectrum Books limited Ibadan. Atubi, A.O. (2010d) Road Traffic Accident variations in Lagos State, Nigeria: A Synopsis of variance Spectra. African research Review, Vol 4(2) pp. 197-218. Ethiopia. Ewhmdjakpor C, Atubi, A.O. and Odemerho F. (2006): Statistics for social investigations. Delsu Investment Nigeria, Limited, Delta State University, Abraka. Ewhrudjakpor. C, Atubi, A.O, and Odermerho F (2006). Statistics for social Investigations. Delsu Investment Nigeria, Limited. Delta State University, Abraka. Spiegel, M.R (1972): Theory and problems of statistics. McGraw-Hill, New York.

The Flat Tax :: Essays Papers

The Flat Tax TITLE: THE WRONG WAY TO SELL A NEW IDEA Many people would like you to believe that flat tax is so named because it will flatten your finances. That at the least is the intended conclusion. By eliminating personal deductions like mortgagee interest payments, the study claims, the flat tax would reduce housing values in this country by upwards of 10 percent. The study's methodology is shaky at best, and the jury on housing values is still o ut. Despite the forces allied against the flat tax, tax reform has grown steadily because the current tax system is so unpopular and the alternatives promise so much. But in addition to the possibility of lower housing values, the flat tax poses several other serious problems too easily dismissed by its advocates.

Logic of the Absurds :: Free Essay Writer

Logic of the Absurds Man's fundamental bewilderment and confusion, stems from the fact that man has no answers to the basic existential questions: why we are alive, why we have to die, why there is injustice and suffering, all this serve as the impetus for such a thinking. Man constantly wonders about the truth of life and realizes that the more you expect from it, the more it fails you or may be the more we expect from ourselves the more we find ourselves engaging in a futile battle with the odds. May be the truth is the realization of our limitations and the potency of these odds that press you down with their brutal truths†¦.†¦.brutal?, can the truth be brutal. But the truth is the God, ourselves, the destiny that rules us and fashions us, after a strange decree which we fail to unravel. "What do I know about man's destiny? I could tell you more about radishes." -Samuel Beckett Concerning itself with such questions is the genre of literature is the movement called ‘THE THEATRE OF THE ABSURD’. The Theatre of the Absurd (50's) draws on the existentialist writings of Jean Paul Sartre and Albert Camus. Camus adapted Dostoyevsky's The Possesed to the stage (1959). Mostly, his writing was concerned with the dilemma of individuals who believe that values are relative but who cannot live without moral commitment. Camus argues that humanity has to resign itself to recognizing that a fully satisfying rational explanation of the universe is beyond its reach; thus the world must ultimately be seen as absurd. The underpinnings of the Theatre of the Absurd are derived from these existentialist ideas that led to Absurdism. Absurdism teaches, much like Camus, that, that which cannot be justified in a rational manner is absurd. Since religion requires a "leap of faith"(Kierkegaard) it is absurd, just as life itself is absurd. The Theater of the Absurd refers to tendencies in dramatic literature that emerged in Paris during the late 1940s and early '50s in the plays of Arthur Adamov, Fernando Arrabal, Samuel Beckett, Jean Genet, Eugene Ionesco, and Jean Tardieu. A term coined by the critic Martin Esslin, 'The Theatre of the Absurd' refers to the work of a number of playwrights, mostly written in the 1950s and 1960s. Its roots lie in an essay by the French philosopher Albert Camus. In his 'Myth of Sisyphus', written in 1942, he first defined the human situation as basically meaningless and absurd.

Themes of Honor and Shame in Invisible Man Essay -- Ralph Ellison

EXECUTE SHAME GENTLY Invisible Man is a novel by Ralph Ellison, addressing many social and moral issues regarding African-American identity, including the inside of the interaction between the white and the black. His novel was written in a time, that black people were treated like degraded livings by the white in the Southern America and his main character is chosen from that region. In this figurative novel he meets many people during his trip to the North, where the black is allowed more freedom. As a character, he is not complex, he is even naà ¯ve. Yet, Ellison’s narration is successful enough to show that he improves as he makes radical decisions about his life at the end of the book. The nameless narrator is a young black person, who attends his college regularly. He follows certain directions to lead a normal life. Yet, his life has to diverge from what it is as he makes a huge mistake, which can not be forgiven by the Headmaster, Dr. Bledsoe. Mr. Norton, one of the trustees, is chauffeured by the narrator and in the trip they take together, the narrator shows him the places, where the real life that blacks have is obvious. Raged at this, Dr. Bledsoe’s reaction towards the naà ¯ve narrator is harsh and he is sent away from the college. The events have key points to them in terms of how the characters choose to behave under certain conditions. These conditions are mostly related to honor and shame, pride and humiliation, ambition to take over and passivity. Dr. Bledsoe is a black person and the Headmaster of the College. For the analysis of his character and his role, the understanding of the college should be complete and clear. It is an education institute, founded by white people in the name of educating the ... ...s this is not done, the actual shameful people are the white who tolerate it. They should feel shameless, helpless, defeated and flawed as they lower themselves for their benefit. Dr. Bledsoe’s ideas and thoughts and actions should be re-examined now that the white society is analyzed. He is not a man of honor in any case, in any definition but knowing what to do should be tolerated by the readers and he should not be accused of being a hypocrite just because of the sympathy we have for the narrator. The abstraction of â€Å"honor† and â€Å"shame† may often lead to different perspectives. Ralph Ellison’s novel helps us to discuss the themes of honor and shame by providing disputable subjects, emplaced in the complex issue of racism. Now is the time to turn into ourselves and look for the true and honorable self. Please execute the shameless part of you gently†¦

Sears V.S Walmart

1. What ratios are MOST important in assessing current and predicting future value creation for Sears? For Wal-Mart? Sears Sears grew up to the world’s largest retailer by expanding annual sales through diversifying sale products, such as apparel, cosmetics, jewelry, electronics, household appliances, cookware, bedding and hand-tools. This article shows that Sears suffered from a cost increase in 1997, including lawsuits, credit collectibles and sales in Mexico. Besides, the flexible payment facility that Sears offered is also a reason for cost increase. These problems brought Sears with bad debt and hence decreased the cash flow. The problems of the company came from the liquid market security, so I emphasize the flowing concepts: 1. Profit Margin, ( Net Income / Total Revenue) â€Å"It measures how much out of every dollar of sales a company actually keeps in earning. † This concept is effective to compare similar companies in an industry; a higher profit margin indicates a better leading position in the industry. It is an indicative factor for Sears to forecast its position in this industry 2. Asset Turnover rate ( Revenue/ Asset) This ratio can measure how efficient Sears uses its asset to chase for revenue. . DEBT to Equity Ratio ( Total liability/ equity) (5. 6 in 1997, 6. 3 in 1996) The ratio of debt to equity measures the risk of the corporation’s creditors and its prospective creditors 4. ROA (Net Income/Total Asset), Since the company has a higher sales in 1997 than the past 2 years but lower net income. To evaluate the performance of the company, we must know how profitable Sears is relative to its total assets. 5. ROE (Profit Margin * Assets Turnover * Leverage Ratio) which is more accurate way to evaluate the performance of Sears in the retailer industry. . Days of receivable Since Sears have a big issue about the credit collection, we need to think about the days of receivable. 7. Liquidate ratio * Cash ratio * Current ratio ( Current Assets / Current Liabilities) (1. 94 in 1997, 1. 90 in 1996) the current ratio is about 1. 9, it indicate Sears is using its liquidity to grow up. * Quick ratio Wal-Mart Wal-Mart was founded in 1962 and has the ROE of 20%. Wal-Mart also offers store Credit Card, but unlike Sears, it is Chase Manhattan Bank rather than its own credit company. Wal-Mart also boosts the annual sale by diversifying products as Sears does, but Wal-Mart also has different stores to target at the customers of various market segments, such as Wal-Mart Discount Store, Wal-Mart Supercenters and Sam’s Clubs. In order to measure how the performance of the Wal-Mart now and in the future, (Wal-Mart wants in low price and low cost) we need to analysis some financial ratio from the number on books. 1. Profit Margin, (Net Income / Total Revenue) 2. Asset Turnover rate (Revenue/ Asset) this ratio can measure how efficiency Sears to use its asset for revenue. 3. DEBT to Equity Ratio ( Total liability/ equity) . Leverage Ratio ( Long Term Debt / Shareholder) 5. ROA (Net Income / Total Asset), 2. Do you agree with Ravi Suria's analysis of the credit risks associated with Amazon bonds ? 1 In Ravi Suria’s analysis, â€Å"we believe that the current cash balances will last the company through the first quarter of 2001. † According to Exhibit 12c the cash flow statement, in contrast, the cash balance could last for the first quarter of 2001, when it suffered from 407 losses in operating activities, though positive in investing and financial activities. In summary, Amazon experienced 375 losses in the first quarter in 2001. Just from the number on the accounting book, we cannot see whether it is wrong or right. We must see the business strategy and where they spent the money, which is the key of the company for the long term. 2 I personal calculate the working capital of the 2000 and 2001 | Working capital ($M)2000| Working Capital 2001| March | 704| 205| Jun | 559| 87| Sep | 504| (21)| Dec | 386| (38)| His analysis was based on the working capital is shirking. The Working Capital table shows a decreasing trend since 2000. I don’t think amazon can still cover the cash flow in 2011 and use its capital efficiently. However, we cannot only use assumption of Working Capital to analysis a company, we need to look at the strategy, inventory, and so on. As this point, we will know Suria’s analysis is not proper. 3 Suria calculated the inventory as the stable mumble and use the revenue instead of Cost Goods Sold. But the revenue record as the market value, not as cost goods sold can indict the cost for the inventory. Amazon’s revenue varies season by season. We can use COG / average of the inventory to include the seasonal factor, instead of revenue/ inventory. 4 As for the inventory, I think, Suris is misleading by another point. He only thinks the inventory turnover is very low. However, amazon increases its inventory at the beginning year (from the case, the company only have 4000 books, but later on it run CDs, video, and movie. That’s why amazon has a very low inventory turnover at the beginning years. 5 Suria thinks the Amazon has low â€Å"cash flow per unit of product sold†, and he shows us some calculation about his conclusion on page 10. However, this is already a great business mode and strategy in the market. And it has already been proved from the success of Wal-Mart and Costco retailer, which is called â€Å"low gross margins†.

Health and Fitness Essay

For many years there has been a debate between which is better for weight control and all around health and fitness, Cardiorespiratory Exercise or Weight Training. Many people tend to focus only on one aspect of the physical wellness. For example women, like myself may focus more on cardiorespiratory and flexibility training more so than Weight training. This is out of fear of injury, or the muscles becoming too bulky. Women tend to want to burn more calories, therefore they focus on exercises’ such as aerobics, walking, swimming, and jogging. Research shows that working out with weights has health benefits beyond simply bulking up one’s muscles and strengthening bones. Studies are finding that more lean muscle mass may allow kidney dialysis patients to live longer, give older people better cognitive function, reduce depression, boost good cholesterol, lessen the swelling and discomfort of lymphedema after breast cancer and help lower the risk of diabetes. Although Weight training has its benefits for variety of reasons; it also has its downside. Weight training promotes short term stiffness of the blood vessels, which could promote High Blood Pressure over time and increase the load on the heart. This would not be good for someone who has a history of Hypertension. A variety of studies have shown that the best way to offset the cardiovascular stress caused by strength training is to combine cardiorespiratory endurance exercise such as a brisk walk, bicycling, or elliptical machine, immediately after a weight training exercise. Regular aerobic exercise causes your lungs to process more oxygen with less effort; your heart to pump more blood with fewer beats; and the blood supply directed to your muscles to increase. As a result, by performing cardiovascular exercises, you are increasing your body’s endurance and efficiency. Miriam Nelson of the American College of Sports Medicine states, â€Å"Ideally, you want a combination of moderate to vigorous aerobic exercise and moderate-intensity strength training† Bottom line to all of this research is both Resistance training and Cardiorespiratory exercise is good for the body, if done in the right order. http://www.the-invisible-gym.com/why-is-cardiovascular-training-and-resistance-training-important.html http://www.washingtonpost.com/wp-dyn/content/article/2007/04/20/AR2007042001772.html

Case Vignettes in Acid-Base Balance Essay

Choose three of the four vignettes and BRIEFLY answer the questions that follow. Normal Levels of Substances in the Arterial Blood: pH 7.40 + 0.05 pCO2 (partial pressure of carbon dioxide) 40 mm Hg pO2 (partial pressure of oxygen) 90 – 100 mm Hg Hemoglobin – O2 saturation 94 – 100 % [HCO3-] 24 meq / liter Vignette #1: A 14-year-old girl with cystic fibrosis has complained of an increased cough productive of green sputum over the last week. She also complained of being increasingly short of breath, and she is noticeably wheezing on physical examination. Arterial blood was drawn and sampled, revealing the following values: pH 7.30 pCO2 50 mm Hg pO2 55 mm Hg Hemoglobin – O2 saturation 45 % [HCO3-] 24 meq / liter Questions: 1. How would you classify this girl’s acid-base status? 2. How does cystic fibrosis cause this acid-base imbalance? 3. How would the kidneys try to compensate for the girl’s acid-base imbalance? 4. List some other causes of this type of acid-base disturbance. Vignette #2:  A 76-year-old man complained to his wife of severe sub-sternal chest pains that radiated down the inside of his left arm. Shortly afterward, he collapsed on the living room floor. Paramedics arriving at his house just minutes later found him unresponsive, not breathing, and without a pulse. CPR and electroconvulsive shock were required to start his heart beating  again. Upon arrival at the Emergency Room, the man started to regain consciousness, complaining of severe shortness of breath (dyspnea) and continued chest pain. On physical examination, his vital signs were as follows: Systemic blood 85 mm Hg / 50 mm pressure Hg Heart rate 175 beats / minute Respiratory rate 32 breaths / minute Temperature 99.2o F His breathing was labored, his pulses were rapid and weak everywhere, and his skin was cold and clammy. An ECG was done, revealing significant â€Å"Q† waves in most of the leads. Blood testing revealed markedly elevated creatine phosphokinase (CPK) levels of cardiac muscle origin. Arterial blood was sampled and revealed the following: pH 7.22 pCO2 30 mm Hg pO2 70 mm Hg Hemoglobin – O2 saturation 88 % [HCO3-] 2 meq / liter Questions: 5. What is the diagnosis? What evidence supports your diagnosis? 6. How would you classify his acid-base status? What specifically caused this acidbase disturbance? 7. How has his body started to compensate for this acid-base disturbance? 8. List some other causes of this type of acid-base disturbance. Vignette #3: An elderly gentleman is in a coma after suffering a severe stroke. He is in the intensive care unit and has been placed on a ventilator. Arterial blood gas measurements from the patient reveal the following: pH 7.50 pCO2 30 mm Hg pO2 100 mm Hg Hemoglobin – O2 saturation 98% [HCO3-] 24 meq / liter Questions: 9. How would you classify this patient’s acid-base status? 10. How does this patient’s hyperventilation pattern raise the pH of the blood? 11. How might the kidneys respond to this acid-base disturbance? 12. List some other causes of this type of acid-base disturbance.

Corporate Espionage

Because products tend to become obsolete much faster today than they did thirty or forty years ago, research and development are among the most important activities in modern business. However, it is an expensive activity. Some companies try to save money by paying people to conduct corporate espionage, that is, to spy on competitors' research and development operations. Is such espionage ever morally justifiable?The temptation to spy on competitors' is completely Justifiable, but the fact that its alled espionage, a word that connotes amorality any way you read it, shows that acts of corporate espionage are not Justifiable or moral. It's also illegal. There's a fine line between competitive intelligence and corporate espionage. Competitive intelligence is an ethical and legal business practice, it's the action of defining, gathering, analyzing, and distributing intelligence about products, customers, competitors and any aspect of the environment needed to support executives and mana gers in making strategic decisions for an organization.This equires that risks and opportunities be identified in a market before they become obvious and also requires extensive competitor analysis. These analyses are taken from market statistics, financial reports, newspaper clippings, and other information released from the company. Corporate espionage on the other hand, includes that acquisition of intellectual property such as information on industrial manufacturing ideas, techniques and processes, recipes, or formulas.It often includes activities such as theft of trade secrets, bribery, blackmail, and unwarranted technological urveillance. The morality of this issue can be broken down into a simple example using the children's show Spongebob. Spongebob Squarepants works at the Krusty Krab, home of the Krabby Patty, the most popular burger in all of Bikini Bottom. The Krabby Patty recipe is secret and its secret is what makes it so popular.The Krusty Krab's rival, The Chum Bucke t is a significantly less successful undersea fast food restaurant (mainly because they serve chum). The owner of The Chum Bucket, Plankton wants his restaurant to be as successful as The Krusty Krab and there are multiple episodes hroughout the Spongebob series that involve Plankton trying to steal, finagle, coerce, or even brainwash Krusty Krab employees into revealing the secret ingredient in Krabby Patties.Plankton is recognized as one of the main antagonists in the show for this reason, for his attempted acts of corporate espionage. Even children understand what's he's doing is wrong. As silly as this example is, it's the simplest way to think about the morality of corporate espionage, and any way you try to spin it, what Plankton is doing is wrong. Corporate espionage is amoral. Corporate Espionage By rflzese

Managing and Leading Strategic Change Essay Example | Topics and Well Written Essays - 3000 words

Managing and Leading Strategic Change - Essay Example Literature Review Henry Mintzberg in his famous research papers has pointed out three important characteristics of strategic change management. Discussing three characteristics of strategic change management will help me to understand key driving forces like leadership, learning and communication for change process. This discussion will create a link between academic theories with leadership issues in P&G during their change management process. Strategic Management versus Strategic Thinking Organizations use strategic management to operate business and control functional aspects of various departments while leaders’ use strategic thinking is synthesizing root maps to achieve organizational objectives. Strategic thinking played vital role for change process in P&G. Strategic Management Requires New Initiatives Leaders planning for strategic management need to think out of the box in order to incorporate breakthrough change. Informal learning should be encouraged in order to ach ieve sustainable change management. Research scholars have found that rearranging older concepts in order to accomplish change management often produces failure due to dynamic nature of strategic management. P&G had successfully used the concept of informal learning to accomplish the required change business model. Fallacy of Detachment Senior managers often fail to detect key issues of strategic change management due to various reasons such as complete detachment with employees of the organization, lack of communication with subordinates (Mintzberg, 1994). P&G had successfully mitigated the probability of detachment in order to achieve objective of change management. In accordance to research scholars strategic change management actually... From the discussion it is clear that organizations use strategic management to operate business and control functional aspects of various departments while leaders’ use strategic thinking is synthesizing root maps to achieve organizational objectives. Strategic thinking played vital role for change process in P&G.This paper discusses that leaders planning for strategic management need to think out of the box in order to incorporate breakthrough change. Informal learning should be encouraged in order to achieve sustainable change management. Research scholars have found that rearranging older concepts in order to accomplish change management often produces failure due to dynamic nature of strategic management. P&G had successfully used the concept of informal learning to accomplish the required change business model. Senior managers often fail to detect key issues of strategic change management due to various reasons such as complete detachment with employees of the organizatio n, lack of communication with subordinates. P&G had successfully mitigated the probability of detachment in order to achieve objective of change management.  Many organisations have achieved successful strategic change management due to leadership quality. The concept of strategic change management is multi dimensional in terms of organizational impact, variation of objective, dynamics of leadership and other management issues.

Assignment Essay Example | Topics and Well Written Essays - 500 words - 18

Assignment - Essay Example The lines consist of several curves, as well as, loose gestures. The curves are evident on the picture representing the dead Jesus. The belly consists of valley-like curves. Curves are used by artists whose intended messages on pictures are mainly emotionally based. The lines used in this picture are classical or analytical in nature. The lines are precise and are rationally and mathematically organized. The lines are drawn into scale in order to fit the available drawing page. The artist has used expressive lines in the above picture. The element of emotionality is evident in the picture. This was the artist’s intended message. The decoration of the photo, in terms of coloration is also an evident that the artists used expressive lines to come up with the picture. The artist of the above picture has used analytical lines. The lines are straight with no curves. The picture is also fixed in a small frame. This has been done to allow the viewing of all images in the picture. The lines used are expressive. There are several curves in the lines and the artist is trying to bring out an emotional status he/she had when composing the picture. The portrayal of the photo also reveals a lot concerning the emotionality of the photo. 7. Henri has used analytical lines in the designation of this photo. He has used straight lines with no curves. The lines are precise, rational, and mathematically organized. He has ensured that all that he wanted to present in the picture is included. This way, he manages to display his artistic skills. Expressive lines. Mary the artist has applied expressive lines when composing this picture with a view of showing the emotional aspect of the picture to the viewers. The lines are curved showing the image of a woman in 3D format. This enables the viewers comprehend the message behind this picture. Analytic lines have a close relationship with static composition. First, static composition implies

Short Story Article Example | Topics and Well Written Essays - 750 words

Short Story - Article Example Evidence provided by his lawyer are documents of head-scans that revealed an act of a subconscious mind. However, as much as technology development is heavily relied on in proving whether an individual is guilty or not. Some of the information generated from these machines is hard to believe and to be relied upon, especially when the question of enhancing individual privacy materialize. With the current rates in technological growth, humans will find themselves between a difficult state with no privacy or freedom of choice and reasoning (Rosen 50). The above factor is due to the ability to establish monitoring equipment that can tell the location of individuals and what they are doing at that particular time. Neuroscientists, Jones and Maoris, tells of a magnetic resonance imaging (M.R.I) technology that can scan individual memories and tell when one is truthful, or when one is lying. A technology that many lawyers and the prosecution rely on to justify their cases in courts. It help detect hidden bias and can picture images on individual brain. The MRI technology is designed in such a way that it can tell what someone is thinking about even if they deny it (Rosen 49). In an experiment, the technology accuracy proofed effective after individuals thinking coincided with the technologies images. However, critics are on record saying that the MRI technology is a threat to human privacy to the level that it can compel individual make unwilling remarks. It is also a threat in the legal system, since individuals who have mental problems skip the legal action; thus, the system is not considered to be preventive in nature (Rosen 49). In dawn of the M.R.I technology, the judges will find themselves in a nearly difficult position when making any future judgments. This relies on the claims that it is easier to challenge the jurist ruling on claims of biasness and even in some instances on discrimination

Answer the questions on the paper Essay Example | Topics and Well Written Essays - 1250 words

Answer the questions on the paper - Essay Example Depreciation 2,500 Acquisition 13,000 Depreciation 2,500       Balance c/d(balance sheet) 20,000    25,000    25,000             Provision for depreciation Details Ant($) Details Ant($)       Motor Van a/c 2,500 Balance c/d 5,000 P & L 2,500    5,000    5,000             Rent Expenses Details Ant($) Details Ant($) Cash a/c 15,000       Prepaid rent 5,000 P & L 20,000    20,000    20,000             Prepaid Rent Account Details Ant($) Details Ant($) Bal. b/d 5,000 Rent expenses 5,000                5,000    5,000                         Rate expenses Account Details Ant($) Details Ant($) Prepaid exp. 300       Cash 975 P & L 1,300    1,300    1,300             Prepaid Rate Account Details Ant($) Details Ant($) Balance e B/F 300 Rate expenses 300 Cash 325 Bal. c/d(balance sheet) 325    625    625             Motor Van Expenses Details Ant($) Details Ant($) Cash 16,200 Bal c/d 16,200    16,200    16,200                         Wages Expense Account Details Ant($) Details Ant($) Cash a/c 36,070       Accrual wage 860 P & L 36,930    36,930    36,930                                     Accrued wages account Details Ant($) Details Ant($) Cash a/c 630 Bal. b/d 630 Bal. c/d(balance sheet) 860 Wages Exp. 860    1,490    1,490             Accounts Payables Details Ant($) Details Ant($) Cash a/c 71,000 Bal. b/d 22,000 Bal. c/d (Bal. ... t Details Ant($) Details Ant($) Cash 690 Balance B/F 620 Suspense a/c 70    690    690                                     Electricity Expense Account Details Ant($) Details Ant($) Cash 1,130 P & L 1,130    1,130    1,130                                                             Operating Expenses Account(delivery Van) Details Ant($) Details Ant($) Cash a/c 16,200 P & L 16,200                         Suspense Account Details Ant($) Details Ant($) Electricity Accrued 70 Bal c/d 70    70    70             Purchases a/c Details Ant($) Details Ant($) Bal. b/d 65,000       Cash 8,000 Sales(Cash) 25,000 Creditor 67,000 Sales(Credit) 89,000       Bal c/d(bal. sheet) 26,000    140,000    140,000 Calculation of depreciation (ANTLE, & GARSTKA, 2004).   T & T Co. COMPREHENSIVE STATEMENT FOR FINANCIAL PERFORMANCE FOR THE YEAR ENDED 31,DECEMBER 2012 $ $ Sale (Cash) 54,000 Sale (Cred it) 179,000 Total Sales Revenue 233,000 Less COG (114,000) Gross Profit 119,000 Operating Expenses Van Running Exp. 16,200.00 Rates 1,300.00 Electricity & Wages 38,060.00 Rent 20,000.00 (75,560) Net Profit before taxation 43,440 Taxation (8,688) Net Profit after taxation 34,752 T & T Co. COMPREHENSIVE STATEMENT FOR FINANCIAL POSITION AS AT 31,DECEMBER 2012 $ $ $ PRESENTED BY: NON CURRENT ASSETS Motor Van: Cost 25,000 : Depreciation (5,000) 20,000 CURRENT ASSETS Inventories 26,000 Trade Receivable 20,600 Prepaid Expenses 325 Cash/Bank 49,730 96,655 LESS CURRENT LIABILITIES Trade payable 18,000 Accrued Expenses 860 (18,860) 77,795 97,795 FINANCED BY: Original Capital 50,000 Profit b/d Add profit for the year Less Drawings 26,900 Unrealized profit 34,752 (20,000) 6,143 97,795 RATION ANALYSIS FOR MAGIC ENTERPRISES PLC Name 2008 2009 2010 2011 2012   Current Ratio               Interest Coverage Ratio      

Work strategic Case Study Example | Topics and Well Written Essays - 2000 words

Work strategic - Case Study Example The Real Chocolate Company, together with other chocolate and confectionery industry players must legally comply with government regulations. This includes health, sanitation and safety regulations. Product labeling regulations must be strictly followed. Franchise operations must abide with registration and disclosure of information. Candy taxes, vending machine restrictions and other legislations such as levels of lead in candies, which are introduced in various states in US, would affect the costs of chocolates and confectionery products. On the other hand, the increase in sugar imports to the country would be beneficial to the supply needed by the company. Health concerns that might affect the sales of chocolates is the increasing problem of obesity. Sweets, such as chocolates, and other high calorie products may causes obesity when taken irresponsibly. Although, health benefits of the product, especially dark chocolates, organic and natural chocolates, appeals to health-conscious consumers and old people. High income groups, Asians, and younger people are becoming the target market of gourmet chocolates. These groups have different behaviours and needs, but they serve as an opportunity for sales and growth when exploited. Prices of primary raw materials, like chocolates and nuts, used for the manufacture of gourmet chocolat... Uncertainty in the supply and the price of commodities may affect the production and operation of Real Chocolate Company stores and franchises. 1.2. Porter's 5 Forces Competitive analysis checklist was created to identify the five forces of competition. See Appendix A. Analysis shows that the market is highly competitive. Direct competitors have larger annual sales against the Real Chocolate Company. The power of suppliers is also high. The flow of supply of raw materials such as chocolates and sugar affects the production directly. Ease of entry into the chocolate market is high. Chocolate manufacture is simple and there are variations in the way the products are created and served. The company is almost dependent on the sales in franchise stores, which can be considered as customers of the Real Chocolate Company. Other sources of revenues such as company owned stores and non-traditional outlet is relatively low on the cash flow. 2. Internal Analysis 2.1. Strengths and Weaknesses "Perfection in Handmade Gourmet Chocolates" is a very good motto for both customer perspective as well as the employee's morale. This motto demonstrates the commitment of the company towards freshness and quality produced chocolates. Perfection means quality. Handmade illustrates freshness. Customer impression is important to create customer satisfaction and loyalty. Employee's morale and attitude is also guided by the motto since it reveals the responsibility of not just the management but also to the rest of the stakeholders in the company. This is a responsibility of producing quality chocolates from start to finish, from raw materials to packaged chocolates. The larger portions of chocolates in the packaging and the wide

Sunny's actionplan Essay Example | Topics and Well Written Essays - 3500 words

Sunny's actionplan - Essay Example Like anyone else, there are hobbies I am interested in. In my free time (which is not much these days), I enjoy taking pictures with my digital camera and editing them in my computer. I like playing around with software available for this. It is as if I am endowed with magical powers when I transform plain pictures to great, creative and more interesting ones. My degree in Computers has opened my mind to the endless possibilities that I can venture on, and I am fortunate to live at a time when technological development is at its peak. In my courses at university, I am discovering my passions. Looking inside myself, my interests and skills point to the direction of pursuing a career in Digital Documentation. I want to be instrumental in creating digital materials for the fields of Education, Psychology, Corporate Management and Social Action. Ultimately, I see myself as a Digital Documentary (Either Photo or Video) Creator of Films with social relevance, especially in Education. My skills for such a big dream have yet to be honed to reach my ideal situation. The only personal qualities I can be proud of that can truly help me in attaining success are my passion for creating, my love for children and people skills, my willingness and openness to learn new things and my propensity for hard work. Steps to success: My journey in choosing a career path I would undertake can bring me to different directions. These directions are dictated by my interests and skills. Because I have various interests, I intend to pursue each of them to see if they can be possible lifetime careers. My love for children makes me consider a career related to them – either as a teacher, a kid’s workshop facilitator, a â€Å"big brother† in a children’s home or a toy/ game or educational material designer. As a first step, I would like to be more exposed to children to get to know what interests them and to know what skills I have to be able to help