Sunday, January 19, 2020
Collaborative Fund-Raising Activity Essay
The strategies that I feel that will solve the funding needs for Phoenix Homeless Agency (PHA) the best is having volunteers, having different type of fundraisers, and accepting donations of any amount. The reason for these three is because they are a more successful way of solving the struggle the agency having. Having volunteers will allow the help of volunteered peers that are concerned and willing to help out to continue providing job counseling to qualify recipients. They will help to get the word around by doing things that the agency would want or maybe what they suggest to help out that will make the agency successful. By having many different fundraisers will set a great deed for making money to uphold a quality that the agency require by doing fundraisers the community may enjoy attending to. Examples of some of the different fundraisers people may enjoy that I would consider are bake sales, auctions, garage sales, or even something like a kids/parent night. Successfully raising large amounts of money requires a focused, strategic effort involving careful planning and coordination. Taking donations is a common strategy to use by raising money because you appreciate whatever that is offered by anyone that will help when you are in need of help because everything helps if it is not much. Cash donations are a straightforward strategy because many will use it as a tax deduction because cash contributions can be claimed for a tax deduction up to fifty percent on their modified adjusted gross income.
Friday, January 10, 2020
Foreign and indian education Essay
Anyone who has studied in Indian schools and colleges will vouch for the fact that Indian Education system churn out more engineers, doctors and MBAs in comparison to any other country in the world. This has partly got to do with the mentality of Indian parents who believe that sole purpose of educating their kids is to find a well paying job. In India, parents have a huge influence on the major life decisions of their children including which school or college they attend, what branch of education their kids pursue and even which job they take up later in life. No doubt this creates a huge pool of educated individuals but the quality leaves a lot to be desired. Indian Education System From a very young age it is ingrained in the minds of Indian children that the purpose of education is to find a suitable job. This creates an impression on the minds of these children which is difficult to correct at a later stage. Individual aptitude towards any vocation, interests in any particular stream is sacrificed in the pursuit of a degree, which makes them job ready. The consequences towards this approach of education is that in the short term there is a boom in the number of professionals however in the long term areas like researches, arts and allied areas take a beating. This is dangerous for a developing economy like India. This creates a rat race to get admission in reputed educational institutes right from school level putting pressure on youngsters to perform in subjects which might not necessarily appeal to them resulting in disappointment when unable to perform. Foreign Education System Foreign education, on the contrary in general and western education in particular focuses more on individual interests, learning abilities and aptitude towards any vocations. The social system also supports individual education to a great extend unlike India, the purpose of foreign education system is not to land a job to make a living but holistic development of individuals. The performance measurement and grading system in foreign countries encourages blooming of individuals talents in diverse fields and does not restrict children to mere classroom studies. This approach is more practical and suited to overall individual development. Hence the focus of foreign education system is creating individuals with a broad outlook towards all aspects and does not narrow the purpose of education just for the purpose of getting a job. Both approaches have their pros and cons while education system might create more professionals it definitely needs to broaden its scope and focus more on grooming tomorrowââ¬â¢s citizens who can lead the country in all areas. Foreign education system is more liberal in its attitude which can sometime proof counterproductive especially when children from different educational backgrounds experience it for the first time. If we are to compare both education systems, both have their own merits however looking at the broader picture all we can say is it is up to the individual. As Mark Twain, once said, ââ¬Å"Donââ¬â¢t let schooling interfere with your childââ¬â¢s education!â⬠Education is the key foundation for the success of any country and the betterment of any individual. However, given the culture and mindset of different races, there is a different approach towards education. And to be more precise, there is a difference between the approach towards education in the western countries and in India. Apparently, the fundamental is that there is a chalk and cheese difference in the objective of education in both sides. Apparently, the foreign students treat education more like a learning process. On the other hand, they choose the line they are interested in and go only for that course and line of career. In this process, they tend to wait for the right kind of job and donââ¬â¢t really consider time as a hindrance. On the other hand, the objective of education in India has more to do with a fat salaried job, overseas chances, better marriage prospects, status in society etc. However, analysts on both sides say there is a lot of difference in terms of competition, aptitude and the job markets in both hemispheres. While things are rather relaxed owing to the lesser population, more streamlined procedure and lack of unfair means, things are quite different when it comes to India. As such, money becomes the root cause since most of the higher end courses are taken on study loan. So, it is more about circumstances than choices for many students. However, to those who manage to get admission in the foreign schools, once adaptability is achieved, the path is set and clear. Also, given the infrastructure, access to various resources and other facilities, the quality tends to be higher in terms of conducive learning. Though changes are being noticed in India with top league B-Schools focusing on quality and better infrastructure, there is still that gap between foreign schools and Indian educational institutions. With globalisation happening rapidly and economies getting tighter in developed countries, changes are being noticed so let us see how things take shape.1)The big difference is whatever discarded theories we learn in india those theories are not lernt by foreign people 2)Most part of their education is covered under practicals Well to be practical foreign education is a bit better than Indian education but in a certain aspect. Let me just put some flashlight on few areas why Indianââ¬â¢s prefer foreign education: Jobs: This is the main reason why people go abroad and spend millions of money on it. Many students are directly placed in foreign companies and so they prefer foreign education. Other reasons why it is better is that there is a better understanding and relationship between teachers and students. Schools have an open environment of teaching and has got no shyness on topics such as sex. In India no topic such as sex is taught in any school. Students are encouraged to work on their own projects on science and incentives are provided to them. Here therââ¬â¢s no such sort of a thing. You are on your own. But recently there has been a boom in our Indian education as we are developing and becoming better than other nations. Due to recession many students are now preferring to stay in India now and pursue their course here as in abroad IT sector is the major head of earnings in companies. Foreign companies are suffering a blow down thereby leading to decline in jobs. If we consider the management area, then yeah we may say that foreign is better in providing management degrees than India. We have here only 10-15 reputed colleges which offer good MBA degree. Of these 10-15 the competition is killing and you really need to tie your boots if you wanna get into them. Regarding Science scenario we are in with other nations. Consider for example the CERN EXPERIMENT. This experiment consisted of colliding two protons. The experiment was successful which was feared by many people as it would lead to collapse of earth planet. The CERN association consisted of more than 200 Indian scientists. I totally agree with Leninââ¬â¢s statement about what he said on professional value of degree. If we do Phd. or masters degree from abroad it has a greater value than the one done from India. Rest I would say that its totally the mindset of the person who wishes to pursue his education either from India or foreign. Mostly students who pursue from abroad have a greater bank balance and so utilize money by showing their standards. Other reasons are that often students of rich families who are not able to get into top Indian colleges in engineering and mbbs head for abroad. Believe me its true. It happens in medical field. Many students pursue their MBBS from abroad due to non selection in Indian colleges. The basic and most important difference between the two educational systems is the stress on math that is given in India (and Europe, I have been told) at the elementary and high school level itself. Mathematics, in my humble opinion, teaches students logical and rational thinking ââ¬â it lays the foundation of independent and lateral thinking. Indian schools start teaching maths, like multiplication tables, at the elementary level itself. It is given a lot of importance and is a must for students who plan to do science related study in college. On the other hand, high school in America is so flexible that a lot of students who end up majoring in sciences in college do not take advanced maths and calculus in high school. In general, I found that at the end of their 1st year of university, math majors in the US are equivalent to high school graduates in India in terms of math study. This emphasis on maths in high schools and engineering programs is also the reason why India produces so many ââ¬Å"goodâ⬠software engineers. The analytical thinking taught by mathematics is exactly what is required for software development. The flexibility of the American education system is its greatest strength and also its greatest weakness. Students can choose among a host of classes and courses in high school and college. This means they can change their major (i.e. field of study) midway through college. This usually means that students in the US receive more exposure to a variety of subjects and hence, are more aware of their career options and opportunities. However, the downside is that they can avoid taking courses which are hard in their major. The computer science students in my department in the US are often criticized for avoiding a lot of important computer science courses by taking easier courses from other departments that fulfill their degree requirements. On digging deeper into the root of the problem, I realized that the general problem with the American education (high school and college) system is that it is designed so as not to reduce/hurt the self-esteem of any kid in class. So, the system is designed in such a way that nearly everyone can pass the high-school level. This leads to lowering the standards at the high school, which in turn leads to lowering the standards for college entrance too and subsequent college programs. So, college students in, say, computer science, are learning much less and at a much slower pace than the students in computer science programs in India and Europe This is one of the main reasons why most of the graduate students in computer science in the US are foriegn students; American students are just not able to compete with the quality of foriegn student applicants. College education is becoming common place, with a large proportion of high school graduates opting for it. Universities are under pressure from state governments to take in more students, that is, in turn, leading to reduced quality and lower standards (quality*quantity=constant). Universities are just not able to cope with the quick increases and the corresponding lack of good faculty. The situation is not improving either ! People kick and scream about the fact that immigrants are taking over the country and the hi-tech jobs, but very few people are examining the reasons why this is happening. Most people are fiercely defensive about the country and refuse to believe that anything can be wrong with the countryââ¬â¢s education system since they are the technology leaders. However, nobody realizes or admits that this, to a great extent, is due to brain inflow of immigrants from Asia (India included) and Europe. However, the flip side of the coin is that the Indian education and social systems are very hard on kids and completely ignore their feelings, opinions and ambitions. Kids are pushed to study from the age of 3 and non-performers are treated as dolts and ostracized by parents and society. The preferred choice of learning and teaching is memorizing facts. These facts do help in the long run; the multiplication tables we learned in elementary school keep us ahead of our American peers who need a calculator to find out what 6 times 7 is ! However, the memorization approach to study does not allow and teach kids to think independently. The American school system lays stress on individual ability development and encourages kids to express themselves and their opinions from an early age. As a result, most Americans are way better at getting their point across as compared to people from other countries. However, again, the downside of this is that students in the US who are more out-spoken do well in class and outside class too only because they are more effective speakers. In the Indian system, individuals are not asked to stand up infront of the whole class and recite something. Instead, the whole class reads books out aloud together in unison. This allows more timid students to participate and overcome their fear of public speaking (since they are actually speaking with a group). Individual speaking is only done with the teacher one-on-one during ââ¬Å"oralâ⬠examinations, where students are asked questions on the subject matter. Both systems work, however, in the Indian system, just because you canââ¬â¢t speak well, does not mean you donââ¬â¢t do well in class. But students in the US build more self-confidence and are much better at public speaking. Indian students on the other hand find it hard to learn to speak up or express their opinions (I know those are really broad generalizations). Classroom discussion and asking questions to the professors is encouraged. However, in India, professors expect you to treat them like God and often use their almost dictorial powers against students who upset them in some way. On a different note, another observation I made, while I was a teaching assistant (TA) for a senior level (3rd-4th year) class of computer science undergraduates, is that their focus in class and attitude towards the course was completely exam-oriented (ofcourse, there were some highly motivated and intelligent students too). They constantly wanted to know if what was being discussed would be on the quiz or the final. Almost no one in the class was attempting to understand concepts. They wanted to learn to solve all the kinds of problems that may appear in the quiz. One may argue that this is a natural thing for students to want. But the fact of the matter is that the American college education system is industry-oriented and hence, is structured so that it produces people who can do a certain type of job efficiently. So it is like a custom-design factory which produces engineers/workers who can do one or two jobs very well but require massive retraining if they have to do something new. In contrast, the education in India (and Europe) is more towards teaching the basic concepts and a broader mass of information. The products of this education system, are therefore capable of taking up several different types of jobs and are not masters of any single job. To do any single job well, they have to go through some amount of training at work. Another realization that the other TA and myself made was that the students wanted to be ââ¬Å"spoon-fedâ⬠and told exactly what they needed to do, in order to do well in the course. This mentality of always being told to read something, do some assignment and essentially, being given goal-oriented tasks to perform, works great when students are being trained to work in the industry. And this is an admirable goal ââ¬â America is built on the strength of these students who can perform what they have been told to do. However, in the long run, these people are not able to adapt quickly to changes in the industry. And they are definitely not prepared to go to graduate school (for a masterââ¬â¢s or a Phd). Graduate school is very different from undergraduate school. There is no single book being followed; the reading and writing assignments require paper chases and are ambiguously defined. Also, most courses do not have regular evaluations such as quizes etc. but rely on a final project or term paper ââ¬â this makes it very hard for one to know how much effort one needs to put into the course. One has to come out of the ââ¬Å"spoonfeed meâ⬠mode and learn to think independently. This lack of spoonfeeding in graduate school also means that one has to be motivated by themselves ââ¬â especially in PhD programs. The amount that you get out of your masterââ¬â¢s or PhD depends on the amount of work you put in (more work also means faster graduation). There is no one motivating you to work harder or checking on your progress regularly. (By the way, my arguments in the Masterââ¬â¢s versus PhD debate are available here) Something I would like to stress is that the situation I have described is for public universities in the US. Private liberal arts universities provide much better personalized attention to students besides a broader education. Also, non-science programs are stronger in general in the US due to the fact that they follow regular quarter or semester systems ââ¬â in India, non-science programs usually have year long schedules with exams at the end of the year, whereas in the US, these programs have regular quizes and exams like all other science programs. On the other hand, most university students in India waste their whole year doing nothing; attendence requirements are very low and usually can be bypassed. Overall, I feel that the high school system in the US leaves students at a disadvantage when compared to their peers in India, Europe and perhaps the rest of Asia too. Some Americans cannot point out all the states in the United States on a map, let alone know anything about India (read the humorous commonly asked questions about India or watch Jay Lenoââ¬â¢s street walk). This leads me to conclude that an Indian education is overall better atleast till the undergraduate degree (for engineering). However, graduate programs in the US are probably far ahead of most other countries due to the critical mass they have and the fact that they attract the best students and faculty from all over the world.
Thursday, January 2, 2020
Farmingville Case Study PT 1 Essay - 1311 Words
Farmingville Case Study PT 1 1. Alien in one definition is: ââ¬Å"Too different from something to be acceptable or suitable,â⬠and Illegal in one definition is ââ¬Å"Not allowed by the law.â⬠(Mirriam-Webster Dictionary) The words ââ¬ËAlienââ¬â¢ and ââ¬ËIllegalââ¬â¢ have inherent negative connotations. A person does not need to know the intimate or factual circumstances associated with those words to understand their symbolism. When those words are used to label the social group of undocumented Latino day laborers the inherent reaction is to see them in a negative way. The individuals become a stigmatized group. The people against undocumented immigrants in Farmingville saw the Latinos through the lens of the stigmatized group ââ¬Å"illegal aliens.â⬠They thus becameâ⬠¦show more contentâ⬠¦The people from the baby boomer generation are all nearing, if not already in, retirement and old age. Over the next 20 years the amount of elderly people of retirement age is supposed to incr ease somewhere around 50%. Because of this imbalance there will be a lot of money being directed toward taking care of the baby boomer generation which may lead to decreased funding for younger generations. The baby boomers will all retire around the same time, leaving jobs unfilled. There may also be troubles in the housing market as there may not be enough young people to buy all the houses they sell. The number of immigrants in America are increasing and replacing the baby boomers in being the dominating group in our population. 6. Immigrants are the inevitable solution because they will pick up the economic slack that will be left after the baby boomers retire. I donââ¬â¢t think that they are the best solution, ideally our native born citizens would be able to maintain our economy, but thatââ¬â¢s not realistic. Better to have immigrants contributing and helping the economy than sink into a depression. 7. Browning is the phenomena of the huge increase of Latino immigrants. The amount of Latino immigrants are outnumbering the amount of white and black people. In Farmingville there were so many immigrants they were living 10-20 to a house, could be seen on street corners waiting for work and loitering at places like 7/11. In short
Wednesday, December 25, 2019
Effectiveness of Utilitarianism as a Modern Moral Theory
For men, there are two avenues to reason. Morality: the appeal to human emotions and a sense of intrinsic good, and logic: the appeal to human understanding of the world. While a number of moral theories exist, none of them is more well documented that Utilitarianism, which focuses on the maximization of total utility. I will discuss the theory initially, and then identify the major problems associated with it. I will conclude with a rationale as to how effective Utilitarianism is as a modern moral theory. Utilitarianism is quite a broad theory, with different constructs. However, the underlying agenda is the same: actions should be aimed such that the greatest good occurs for the greatest number. Theorist Jeremy Bentham can be attributed with the inception of the theory, while later developments were headed by J.S Mills. Utilitarianism takes a quantitative approach to life, and tells us that every action should seek to maximize happiness. John Stuart Mill in his book Utilitarianism, states, In the golden rule of Jesus of Nazareth, we recite the comprehensive spirit of the ethics of utility. To behave as do by others, and to love ones neighbour as oneself, establish the basic rightness of utilitarian morality. The value of an action is only judged by its consequences. In many ways, Utilitarianism is a form of consequentialism. Bentham describes Utilitarianism in its simplest form, ââ¬Å"it is the greatest happiness of the greatest number that is the measure of right andShow MoreRelat edControversy Between the Existence of God Essay example1451 Words à |à 6 Pagesbetween the moral beliefs of secular humanists and the beliefs under study. When one says that the non-existence of God leads to the fact that everything is permitted, one implies that there is a crucial link between the existence of God and morality. In other word, it may be summarized that the statement under study suggests viewing God as the source of morality. This suggestion brings one close to the divine command theory. As one of most well known meta-ethical theories, divine command theory lies inRead MoreCritique Of - Applying Ethical Theories: Interpreting and Responding to Student Plagiarism, Journal of Business Ethics1310 Words à |à 6 Pages Manchester Metropolitan University Business School Research Methods Assessment 1: Critical Writing (15%) Granitz, N. and D. Loewy (2007), Applying Ethical Theories: Interpreting and Responding to Student Plagiarism, Journal of Business Ethics, vol. 72, pp 293-306. Summary Plagiarism in todays ââ¬Å"copy and paste generationâ⬠is an unremitting, complex issue that is not yet fully understood. The paper responds to this proposition with a thesis that understanding the ethical reasoning providedRead MoreThe Pressures on Healthcare Organizations1910 Words à |à 8 Pagesincreasing pressure to improve their operations, provide evidence of their continued quality, and the efficiency of the organization. For the modern organization, this means that managers who have traditionally focused on the quality of care now must now change paradigms in mid-stream and review the overall management practice for the sake of effectiveness, patient safety, and even cutting edge techniques (Kujala Lillrank, 2006). In fact, this is so critical that reports from the Institute of MedicineRead More The Fight for Human Rights Essay3126 Words à |à 13 PagesMill, Robert Nozick, and John Rawls provide a philosophic framework for evaluating the security-for-rights compromise. Though their respective theories vary greatly in theory and in practice, they provide models to condemn this exchange. Neve rtheless, each differs in the persuasiveness and effectiveness of their tools for argumentation. Millââ¬â¢s utilitarianism, Nozickââ¬â¢s libertarianism, and Rawlsââ¬â¢ egalitarian liberalism reject the tradeoff of security for a majority in exchange for the violation of theRead MoreCriticisms Against Ethical Theories8474 Words à |à 34 PagesCriticisms leveled against Ethical Theories 1. Criticisms leveled against Consequentialism. Consequentialism is based on the consequences of actions. It is sometimes called a teleological theory, from the Greek word telos, meaning goal. According to consequentialism, actions are right or wrong depending on whether their consequences further the goal. The goal (or, the good) can be something like the happiness of all people or the spreading of peace and safety. Anything which contributes toRead More A Case Study Depicting the Importance of Ethics in Medicine Essay4544 Words à |à 19 Pagesââ¬ËWork for health requires moral commitmentââ¬â¢ (Seedhouse, 2009 p. xiviii). Therefore, the obligation rests on healthcare professionals faced with ethical dilemma in their practice to make moral decision which should promote and enhance health ( Rumbold, 1999; Sim, 1997). Ethics is concerned with the basis on which an action is determined as either right or wrong (Rumbold, 1999; MacIntyre, 2005). Therefore, ethics is the study of morality which is also known as moral philosophy (Sim, 1997; ThompsonRead Moreethical decision making16006 Words à |à 65 Pagesthe three ethical dilemmas? What other information would be helpful to know about these situations to make a decision? CHAPTER FOCUS Virtue or Character Ethics Principle-Based Ethics: Developing Moral Rules Utilitarian Theories: Doing the Most Good for the Most People Deontological Theories: Balancing Rights and Obligations Justice in Health Care Values and Health Policy Ethics of Care Ethical Problems Faced by Community Nurses: The Research Ethical Decision Making Service Learning:Read MoreGlobal Marketing Leadership2244 Words à |à 9 Pagesfor leaders to consider when creating marketing materials globally? Culturally we are different and should be respected however; cultural differences should be celebrated and adaptive as well if we are going to market businesses globally with effectiveness. Cultural sensitivity is needed but should not be the primary factor to marketing effectively. Cultures divide and create an ethical dilemma when marketing globally. Cultural sensitivity is often a barrier to cultural adaptability when ethics isRead MoreCsr And Organizational Leadership And The Implications For Leadership2879 Words à |à 12 Pagessets a minimum of behavioural standard for corporations, below which corporate behaviour becomes socially irresponsible (Campbell, J. L., 2007). Whilst setting a minimum set of behavioural standards for corporations in defining CSR has great merit in theory, applying it across the broad spectrum of corporatio n, may well see it open to abuse as one corporations view of what is harmful to stakeholders may be very different to anotherââ¬â¢s. For another perspective on CSR, McWilliams and Siegel (2001) haveRead MoreClassical Deterrence Theory : An Examination Essay2749 Words à |à 11 Pages Classical Deterrence Theory: An Examination of Four Empirical Studies Testing it and its Utility in the Modern World Natalya E. Zide California State University, Bakersfield Classical Deterrence Theory: An Examination of Four Empirical Studies Testing it and its Utility in the Modern World In the 1700s, crime was rampant across every town in every country. Constables formed small patrols from volunteers in the community and it would not be until 1829 that the first police
Tuesday, December 17, 2019
Midterm Assessment Analysing T-accounts Balance Sheet and Profit
Essays on Midterm Assessment: Analysing T-accounts Balance Sheet and Profit and Loss Account for a small US company Essay Running Head: Analyzing Financial ments of a small US company ANALYSING T-ACCOUNTS BALANCE SHEET PROFIT AND LOSS ACCOUNT FOR A SMALL US COMPANY Customer Inserts His / Her Name Customer Inserts Grade Course Customer Inserts Tutorââ¬â¢s Name Assignment Part 1 - Requirements The accounting entries for each of the events, which took place within a small distribution company, have been accounted for under various relevant T accounts in Exhibit 1.1 in attached Excel sheet. Assignment Part 2 - Requirements Vertical analysis of financial statements of a Company For business purposes and to clarify the better financial position and performance of a Company, vertical analysis of financial statements of enterprises is performed in order enlighten various financial analysis and comparative outlook of a Company financial standing and result. Vertical analysis is basically the display of every line items of financial statements as a percentage or rate of gross revenues, which exactly tells that where are each penny of Companyââ¬â¢s earned revenue is utilizing and what is its overall flow of expenditures towards attaining the final net profit for the Company (Netplaces.com, 2014). In addition, same analysis is performed with respect to balance sheet of Company as well. The vertical analysis of Profit and Loss statement and Balance sheet of a Company has been performed in Exhibit 1.2 of excel file attached. Horizontal analysis of financial statements of a Company On the other hand, the major aspect and intention behind performing and developing a horizontal analysis on any Companyââ¬â¢ s financial statements, is to analyze and critically evaluates the figure work incorporated in such statements from one financial year to another one (Berry, 2011). This analysis is basically termed as the trend analysis in typical accounting literature, and it would clearly points out the recent trends with which a particular line item of financial statements of a company is affected with. Moreover, the horizontal analysis of Profit and Loss statement and Balance sheet of a Company has been performed in Exhibit 1.3 of excel file attached. Cash flow Statement of Company A cash flow statement of Company is prepared with the help of the financial statements of Company in Exhibit 1.4 of attached excel file. Brief Analysis on financial performance of Company A Dupontà model is used here to analyze the financial performance of Company, particular to its current year financial results accruing and forming several heads and classification of overall revenue figure that company has earned in 2013. This model successfully demonstrates the overall company performance in terms of, where its ultimate return on equity is developing from. Moreover, the prime strength of Dupont models of financial evaluation is typical means through which, it takes an indirect consideration over the broad scale of financial information to determine and analyze the ultimate outcomes which it provides on clear basis à (Guidotti, 2013). For instance, with the help of following figure, asset turnover percentage input, is indirectly flowing some great extent of informational data with regard to different facets and breakups of overall financial analysis, including line items of balance sheet, profit and loss statement, and their overall interlocking interactions. Source:à (Guidotti, 2013) However, when implementing and analyzing the financial data of the company in question, it would be much appropriate and feasible to accurately divide the overall financial performance of a company under its ultimate net of return on equity basis. Although, a core structure of such model would be quite different from one company performances to another, but, as far as our company is concerned this model would certainly depict a unique and clear mode of financial outcomes analysis with regard to companyââ¬â¢s current and past financial performances. Key Findings The overall analysis performed and calculations made and demonstration of various set of financial techniques implicated in order to meet and critically evaluated varied financial standings and outcomes of a Company, following are some key findings as a result of this analytical report; On the basis of vertical analysis, the income statement of a company can be clearly viewed from the overall proportion or percentage of gross revenue as a product of other line item of presented in such statement. Moreover, such analysis also enabled the presentation of balance sheet framework in a more congenial manner as well, and it is due to each line item of assets and liabilities and share holders equity can be truly represented as the percentage of assets and liabilities and equity in particular. This would highly facilitate the users of financial statements as they would not need to indulge themselves in analyzing diversified and head aching figures work and terms. Moreover, horizontal analysis depicts the change in figure and proportional means of such figures, of comparative years of financial information for two years and more. With regard to company analyzed, a considerable fluctuated line items under our analysis includes the transformation of company from profit earning entity to loss generating company from 2012 to 2013, which is proportionally accruing the net change of 1300%. In addition, due to this substantial change, an overall fluctuating picture has been presented by the profit and loss statement of a company analyzed with horizontal techniques. As far as balance sheet is considered, a horizontal analysis strongly depicts and highlights two major line items in 2013 which have been significantly varied as compare to last year financial scenarios. This includes the major fall in accumulated account receivables and a rise in share capital structure of a company. However, cash flow analysis of Company provides a positive inflow of cash resources towards the company during the year, which is mainly due to the reasons of payment received from debtors, receipt of cash from banks in form of loans and accounting for non cash items from the profitability of company, including depreciation, amortization and doubtful debts expenses. REFERENCES Netplaces.com, (2014).à Vertical and Horizontal Analysis - Accounting. [online] Available at: http://www.netplaces.com/accounting/the-best-use-of-your-financial-statements/vertical-and-horizontal-analysis.htm [Accessed 19 Aug. 2014]. Berry, L. (2011).à Financial accounting demystified. 1st ed. New York, NY: McGraw-Hill. Guidotti, D. (2013).à Strengths and Shortfalls of Dupont Analysis. [online] PFhub - Business, Financial Economic News. Available at: http://www.pfhub.com/strengths-and-shortfalls-of-dupont-analysis/ [Accessed 19 Aug. 2014].
Monday, December 9, 2019
Explain the Succession Strategy at Apple Essay Sample free essay sample
Ques. 1 Please explicate the sequence scheme at Apple. How did the company select the replacement to Jobs? Steve Jobs was more than a concern leader. with vision. passion for design and merchandise excellence. wrapped in a perfectionist personality with astonishing concern understanding. His ability to take Apple comes non merely from his leading qualities. but besides his deep experience in the engineering industry. The issue Apple faced in its sequence scheme is about Jobsââ¬â¢ leading manner and doctrine. many people who work at Apple think that his force of personality is both august and feared in the company. This manner of leading has created a strong sense of executing and excellence at the company ââ¬â but will besides be difficult to replace. During his long calling. Jobs had developed a long list of doctrines about direction which need to be incorporated into the hereafter. Appleââ¬â¢s Succession Strategy for Jobs: Apple University High-Impact Succession Managementà ® developed the undermentioned adulthood theoretical account which shows. company evolve their sequence schemes from replacing charts which enables people at all degrees to travel from function to function. Succession merely works good when there is a clear apprehension of the leading traits and competences needed at each degree. and the procedure is sponsored by executives at the top. Point to set up best patterns for sequence planning. including engaging from within. carry oning an hearing period. easing the replacement into a leading function and supplying some degree of sequence revelation to stockholders. In the instance of Apple. the board and Jobs himself were be aftering for sequence for several old ages. Behind the scenes. there has been a undertaking at Apple for several old ages to ââ¬Å"capture the kernel of Steve Jobs direction philosophiesâ⬠for coevalss in front. Under the rubric of Dean of Apple University. Joel Podolny ( former Dean of Yale Business School ) has been constructing a leading course of study around Jobs behind the scenes. It has non being seen the merchandise of this work. several ex-Apple employees mentioned that this is a really strategic undertaki ng designed to assist Apple go on under Steveââ¬â¢s leading theoretical account even after Steve leaves the company. Most companies look at competence theoretical accounts and engage executive recruiters to measure leading campaigners for sequence. Apple ââ¬Å"thinking differentâ⬠has taken a page from High-Impact Learning Organizationà ® playbook. They are capturing the kernel of Appleââ¬â¢s executive public presentation and doctrine in digital signifier for leaders on into the hereafter. The reasonably close Apple University had spent a batch of clip and money capturing the experiences. direction doctrines. proficient accomplishments and rules of Steve Jobs for others to utilize in the hereafter. Harmonizing to Apple. the company founded Apple University in 2008 ââ¬Å"to Teach Apple employees how to believe like Steve Jobs and do determinations he would do. â⬠In many ways it was built to work out the job of ââ¬Å"running Apple after Steve Jobsâ⬠ââ¬â and puting in topographic point the tools and information which helps Apple learn from his corporate 30 old ages of wisdo m. As the in writing above shows. the University is designed around capturing Jobââ¬â¢s corporate acquisition and interpreting this into content. plans. and stuffs which Apple employees and leaders can utilize long into the hereafter. Today Apple University is still a kept up secret. it is one of the most advanced and exciting signifiers of sequence direction yet to be seen ââ¬â Think different about your ain leading and how you can reassign accomplishments and civilization frontward when your leaders leave. How did company choose the replacement to Jobsââ¬â¢ ? ââ¬Å"I knew what I wanted and I realized that Tim and I saw the same things precisely the same manner and we had the same visionâ⬠. ââ¬Å"As far as my replacement goes. I strongly recommend that we execute our sequence program and name Tim Cook as CEO of Apple. I have great assurance that Tim and the remainder of the executive direction squad will make a terrific occupation put to deathing the exciting programs we have in topographic point for 2011. â⬠Jobs said in a missive to Apple Board. Publicly. Apple had been preparing Tim Cook for several old ages. Not merely had he already experienced the CEO function. he had been working straight with Jobs on the companyââ¬â¢s supply concatenation ââ¬â so he had a deep apprehension of the internal operations of the company. Cook joined Apple in 1998 as senior frailty president of Operations. Cook worked in operations at Compaq and spent 12 old ages at IBM. At Apple Cook ââ¬Å"was responsible for all of the companyââ¬â ¢s worldwide gross revenues and operations. end-to-end direction of Appleââ¬â¢s supply concatenation. gross revenues activities. and service and support in all markets and states. Cook was besides caput of Appleââ¬â¢s Macintosh division and plays a cardinal function in the continued development of strategic reseller and supplier relationships. guaranting flexibleness in response to an progressively demanding market place. â⬠Cookââ¬â¢s term of office at Apple shed bloated stock lists and whipped the companyââ¬â¢s supply concatenation into form. Cook ran daily operations during Jobsââ¬â¢s absence [ in 2009 ] and was praised for his ability to do Appleââ¬â¢s sprawling operations move on clip. He has established himself as the CEO-in-waiting since his stretch pickings over for Mr. Jobs. â⬠Top of Form Bottom of Form Insiders say Cook has already ââ¬Å"been softly running the company for several old ages. Steve is the face of the company and involved with merchandise development but Tim takes all those designs and turns it into a large heap of hard currency for the company. â⬠Cook Aims to Supply Jobsââ¬â¢s ââ¬ËGravitational Forceââ¬â¢ at Apple. Besides. Appleââ¬â¢s stockholders express assurance that the companyââ¬â¢s freshly anointed main executive. Tim Cook. is the right adult male for the occupation. Mentions: hypertext transfer protocol: //knowledge. Wharton. upenn. edu/article. cfm? articleid=2134 hypertext transfer protocol: //www. bersin. com/blog/post. aspx? id=72a43072-e599-4dd0-9205-d1eacc25f434 hypertext transfer protocol: //www. pcmag. com/article2/0. 2817. 2391818. 00. aspSteve Jobsââ¬â¢ life by ââ¬ËWalter Isaacsonââ¬â¢ .
Sunday, December 1, 2019
Personality Theories free essay sample
Kelly explained personality change as a result of Answer adjusting to environmental pressures. Successive constructions of the replications of events. Question 5 increase the predictability of events. Question 6 Slot movement describes changing to the contrast pole of a construct. Question 7 Is your teacher happy? a student is asked. The student replies, I dont know; I never thought about that. What interpretation from Kellys theory is appropriate? B. The teacher is outside the range of convenience of the students construct happiness. Correct Answer: happiness.Question 8 Despite numerous physical difficulties, artist Friday Kohl believed she could be successful in her work. This is called Answer self-efficacy. Question 9 Michel focuses particularly on variables. Cognitive Question 10 According to Michel, traits contradict describe Question 1 1 behavior. If I ask Jane to go to the movies, will she go, or reject me? This is a question of behavior-outcome expectancies. Question 12 According to Michel, people are not passively controlled by their environment because they can develop to influence their own behavior. We will write a custom essay sample on Personality Theories or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Answer self-regulatory systems Question 13 Michel conducted research on the delay of gratification in Answer children. Question 14 Delay of gratification is easier if the child sees models who delay their own gratification. Question 15 Bandannas concept of describes the mutual influences of the person, the environment, and behavior. Answer reciprocal determinism The main function of the self-system, as described by Bandeau, is to Answer regulate behavior.
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