Absenteeism 2

Absenteeism is a serious workplace problem and an expensive occurrence for both employers and employees seemingly unpredictable in nature. A satisfactory level of attendance by employees at work is necessary to allow the achievement of objectives and targets by a department. Employee Absenteeism is the absence of an employee from work. It is a major problem faced by almost all employers of today. Employees are absent from work and thus the work suffers. Employee’s presence at workplace during the scheduled time is highly essential for the smooth running of the production process in particular and the organization in general. Despite the significance of their presence, employees sometime fail to report at the work place during the scheduled time, which is known as â€Å"Absenteeism†. Labour Bureau, Simla defined the term ‘absenteeism’ as â€Å"the failure of a worker to report for work when he is scheduled to work. † Labour Bureau also states that â€Å"absenteeism is the total man-shifts lost because of absence as a percentage of the total number of man-shifts scheduled to work. According to Webster’s Dictionary, â€Å"Absenteeism is the practice or habit of being an ‘absence’ and an absentee is one who habitually stays away. † Types of Absenteeism: Absenteeism is of four types viz: 1) Authorized Absenteeism, 2) Unauthorized Absenteeism, 3) Willful Absenteeism and 4) caus ed by circumstances beyond one’s control. 1) Authorized Absenteeism: If an employee absent himself from work by taking permission from his superior and applying for leave, such absenteeism is called authorized absenteeism. ) Unauthorized Absenteeism: if an employee absent himself from work without informing or taking permission and without applying for leave, such absenteeism is called unauthorized absenteeism. 3) Willful Absenteeism: If an employee absents himself from duty willfully, such absenteeism is called willful absenteeism. 4) Absenteeism caused by Circumstances beyond One’s Control: If an employee absents himself from duty owing to the circumstances beyond his control like involvement in accidents or sudden sickness, such absenteeism is called absenteeism caused by circumstances beyond one’s control. Features of Absenteeism: Research studies undertaken by different authors reveal the following features of absenteeism: * The rate of absenteeism is the lowest on pay day, it increases considerably on the days following the payment of wages and bonus. * Absenteeism is generally high among workers below 15 years of age and those above 40. The younger employees are not regular and punctual, presumably because of the employment of a large number of newcomers among the younger age groups. While the older people are not able to withstand the strenuous nature of the work. The rate of absenteeism varies from department to department within a unit. As the size of the group increases, the rate of absenteeism goes up. This difference in the rate of absenteeism is believed to be due to the peculiar style and practices of management, the composition of the labor force and the culture of the organization. * The percentage of absenteeism is generally higher in the day shifts * The percentage of ab senteeism is much higher in coal and mining industries than in organized industries. * Absenteeism in India is seasonal in character It is the highest during March-April-May, when a land has to be prepared for monsoon saving, and also in the harvest season, when the rate goes as high as 40 percent Causes Of Absenteeism: The following are the general causes of absenteeism 1) Maladjustment with the Working Conditions: If the working conditions of the company are poor, the workers cannot adjust themselves with the company’s working conditions. Then they prefer to stay away from the company. 2) Social and Religious Ceremonies: Social and religious functions divert the worker’s attention from the work. ) Unsatisfactory Housing conditions at the workplace. 4) Industrial Fatigue: The industrial fatigue compels workers to remain outside the work place. 5) Unhealthy Working Conditions: The poor and intolerable working condition in the factories irritates the workers. Excess hea t, noise, either too much or too low lightening, poor ventilation, dust, smoke etc. cause poor health of the workers. These factors cause the workers to be absent. 6) Poor Welfare Facilities: Though a number of legislation concerning welfare facilities are enacted, many organization fail to provide welfare facilities. This is either due to the poor financial position of the companies or due to the exploitative attitude of the employer. The poor welfare facilities include poor sanitation, washing, bathing, first-aid appliances, ambulance, rest rooms, drinking water, canteen, shelter, creches etc. the dissatisfied workers with these facilities prefer to be away from the work place. 7) Alcoholism: Workers mostly prefer to spend money on the consumption of liquor and enjoyment after getting the wages. Therefore the rate of absenteeism is more during the first week of every month. ) Indebtness: The low level wages and unplanned expenditure of the workers force them to borrow heavily. The research studies indicate that workers borrow more than 10 times of their net pay. Consequently, workers fail to repay the money. Then they try to escape from the place in order to avoid the moneylenders. This leads to absenteeism. 9) Maladjustments with the job demands: The fast changing technology demands higher leve l skills from the workers. Some workers fail to meet these demands due to their low level education and/or absence of training. 0) Unsound Personnel Policies: The improper and unrealistic personnel policies result in employee dissatisfaction. The dissatisfied employee in turn prefers to be away from the work. 11) Inadequate Leave Facilities: The inadequate leave facilities provided by the employer forces him to depend on E. S. I. leave which allows the workers to be away from the work for 56 days in a year on half pay. 12) Low level of Wages: Wages in some organizations are very poor and they are quite inadequate to meet the basic needs of the employees. Therefore, employees go for other employment during their busy season and earn more money. Further, some employees take up part time jobs. Thus the employees resort to moonlighting and absent themselves from work. The Cost to Co. Turnover As most HR managers know, the cost of turnover adds hundreds of thousands of dollars to a company's expenses. While it is difficult to fully calculate the cost of turnover (including hiring costs, training costs, productivity loss), industry experts often quote 25% of the average employee salary as a conservative estimate. For example, if the average salary is $20,000/yr the cost of one employee turnover is $5,000. If you have 30 employees terminating per month, the cost to the organization equals $150,000/month. Mulitiply that by 12 months and you have $1,800,000 in added annual expense. Loss of Company Knowledge When an employee leaves, they take with them valuable knowledge about your company, your customers, current projects and past history (sometimes to competitors). Often much time and money has been spent on the employee in expectation of a future return. When the employee leaves, the investment is not realized. Disruption of Customer Service Customers and clients do business with a company in part because of the people. Relationships are developed that encourage continued patronage of the business. When an employee leaves, the relationships that employee built for the company are severed, which could lead to potential customer loss. Turnover spirals into more turnover When an employee terminates, the effect is felt throughout the organization. Coworkers are often required to pick up the slack. The unspoken negativity often intensifies for the remaining staff.

Apes Chapter 3 Questions

Chapter 3 Reading Questions: 1. Core Case Study: â€Å"Have you thanked your insects today? †- Explain why insects are significant. Many of the earth’s plant species depend upon insects to pollinate them. Carnivorous insects, such as the praying mantis, control the ‘pest’ insect population. 2. What percentage of the species on this planet consists of insects? Animals? Plants? 53% are insects; 20% are other animals; 18% are plants. 3. Give three examples of how we benefit from microbes.Soil bacteria convert nitrogen gas into usable forms for plants; they decompose wastes into nutrients we use; they help produce various foods such as bread, cheese, wine, beer, and tofu. 4. What percentage of the biomass on this planet accounts for microbes? 90% of earth’s living mass. 5. Define the four spheres of the earth. The atmosphere is the thin membrane of air around the planet. The troposphere is the air layer about 11 miles above sea level. The stratosphere li es above the troposphere between 11-30 miles; it filters out the sun’s harmful radiation.The hydrosphere consists of earth’s water, found in liquid water, ice, and water vapor. The lithosphere is the crust and upper mantle of the earth’s soil. It contains nonrenewable fossil fuels, minerals, and soil, and renewable soil chemicals needed for plant life. The biosphere includes most of the hydrosphere, parts of the lower atmosphere and upper lithosphere. All parts of the biosphere are interconnected. 6. Describe the three interconnected factors that life depends on. The flow of high-quality energy; the cycling of matter or nutrients; gravity. 7.Describe what happens to all of the solar radiation that reaches the earth. Solar energy flowing through the biosphere warms the atmosphere, evaporates and recycles water, generates winds, and supports photosynthetic life. 8. Is the greenhouse effect a positive or negative issue for life on earth? Explain why. It is a positi ve effect because without it, the earth would be too cold to support most forms of life. 9. Explain the following terms: abiotic, biotic, range of tolerance. Abiotic consists of non-living components such as water, air, nutrients, and solar energy.Biotic consists of biological components such as producers, consumers, and decomposers. Each population in an ecosystem has a range of tolerance to variations in its physical and chemical environment. 10. Explain how limiting factors can control population size. Too much or too little of any abiotic factor can limit or prevent growth of a population, even if all other factors are at or near the optimum range of tolerance. 11. What factors usually limit terrestrial populations? On land, precipitation and soil nutrients are often limiting factors. 2. What factors usually limit aquatic populations? In water, temperature, sunlight, nutrient availability, dissolved oxygen content, and salinity are limiting factors. 13. What is the overall chemi cal reaction for photosynthesis? 6CO2 + 6H2O (+ light energy) C6H12O6 + 6O2. 14. What is the overall chemical reaction for respiration? C6H12O6 + 6O2 —> 6CO2 + 6H2O + 36 ATP 15. Why are decomposers so significant to an ecosystem? They recycle the nutrients that make life possible throughout the ecosystem. 16.Why is biodiversity one of our most important renewable resources? Biodiversity provides us with natural resources, natural services, pleasure, and keeps the balance of the food web. 17. Describe 4 key components of biodiversity. Functional diversity includes the biological and chemical processes such as energy flow and matter recycling needed for the survival of species, communities, and ecosystems. Ecological diversity includes the variety of terrestrial and aquatic ecosystems found in an area or on the earth.Species diversity includes the number of species present in different habitats. Genetic diversity includes the variety of genetic material within a species or popu lation. 18. What are the five major causes of species decline? Habitat destruction and degradation, invasive species, pollution, and human population growth. 19. Summarize two approaches to sustaining biodiversity. The ecosystem approach protects populations of species in their natural habitat by preserving sufficient areas of habitats in different biomes and aquatic systems.The species approach protects species from premature extinction by indentifying endangered species and protecting their critical habitats. 20. What trophic level do decomposers consume from? Decomposers process detritus from all trophic levels. 21. What form of energy is transferred from one organism to another? Stored energy in the tissues of the organism. 22. Why would the earth be able to support more people if we ate at a lower trophic level? The energy intake would be higher because there is less loss of energy. 23.Why are there rarely more than 4 or 5 trophic levels within an ecosystem? Because the food we b would not be able to sustain that great of an energy loss in successively higher levels. 24. What is the significance of net primary productivity? NPP measures how fast producers can provide the food needed by other organisms in an ecosystem. 25. What might happen to us and to other consumer species as the human population grows over the next 40-50 years and per capita consumption of resources such as food, timber, and grassland rises sharply?What are the three ways to prevent this from happening? We will end up pushing other species to extinction and reduce the biodiversity in earth. To prevent this, we can prevent population growth, find renewable energy sources, and consume food locally and at a lower trophic level. 26. Consider the diagram on page 67 (figure 3-22). Explain why desertification is so significant of an issue and relate that to the significance of net primary productivity. Dry land ecosystems are already such fragile ecosystems, and many of these delicate ecosyste ms have the most net productivity. 7. Describe the four types of soil horizons. The surface litter layer (O horizon) is the top layer and consists of freshly fallen undecomposed or partially decomposed leaves, twigs, crop wastes, animals waste, fungi, and other organic material. It is normally brown or black. The topsoil layer (A horizon) is a porous mixture of the partially decomposed bodies of dead plants and animals, called the humus and inorganic materials such as clay, silt, and sand. The B and C horizons (subsoil and parent material) contain most of a soils inorganic material and lies on bedrock. 8. How does color relate to the quality of the topsoil? The color of the topsoil suggests how useful a soil is for growing crops. Dark brown or black soil is rich in organic matter and nitrogen. Gray, bright yellow or red topsoils are the opposite. 29. What are the significant properties of soil? Soil texture: particle size of components. 30. How do humans impact the hydrological cycl e? We alter the water cycle by withdrawing large amounts freshwater, clearing vegetation, and eroding soils, polluting surface and underground water, and contributing to climate change. 1. Be able to diagram the entire Carbon cycle. See below 32. What is the significance of burning fossil fuels on the C cycle? Adds more carbon to the air. 33. How are Carbon and Nitrogen used by living organisms? Carbon and nitrogen make up organisms and are used in respiration by them. 34. What two natural processes convert nitrogen gas in the air to a usable form? Nitrogen fixation, Nitrification. 35. How is the C & N Cycle affected by humans? We add large amounts of nitric oxide in the air and we add fertilizers to the water and soils.

Human resources development Essay Example | Topics and Well Written Essays - 750 words

Human resources development - Essay Example he Lake Monroe Reservoir is a project that is designed to provide a variety of services, which ranges from providing flood control, flow augmentation, water supply and also recreation benefits for the people of Indiana polis. The Indianapolis metropolitan area has a population of over one million people, with over 3.5 billion dollars to be spent annually. Jack Keltner has designed a series of changes that he would want to introduce in order to salvage the Fourwinds Marina from the present poor financial state, and set it on the path of recovery, through introducing measures such as adding a second receptionist bookkeeper, introduce a new inventory system, reduce the workforce, add 80 slips and then renovate the Marina so as to avert possible storm breakages. There are several strengths that are associated with the Marina. First, the Marina serves within a region that has a large population density that runs to over a million people who have over 3.5 billion US dollars to spend annually. This means that the business has a large market base for the services it offers, and a potential to earn substantial revenues from the huge money basket that the people have available to spend throughout the year. The fact that the Marina works seasonally is yet the other strength associated with it, considering that it is therefore able to shelve spending resources during the low season without earning reasonable incomes out of its operations. Further, the seasonal operation of the Marina is a major strength; since it enables the Marina get sufficient time to undertake the necessary renovations without disrupting the customers, since the renovations can be done once the season is closed. The major weakness facing the Marina is the lack of experienced general managers in the area of Marina management. The general managers that have been employed to manage the Marina have different areas of specialization, with McLaughlin having been a parts specialist, and Jack Keltner being a

A Career As A Film Editor Essay Example | Topics and Well Written Essays - 1500 words

A Career As A Film Editor - Essay Example The skill of an editor is extremely valuable in the post production process because film editing determines the quality and delivery of the resulting product. A film editor plays a significantly vital role in the overall film production process, in the film industry. This can be both as a television programs editor, or a movie editor. Film editing mostly involves the general assemblage of the footage to be viewed on the screen. It can also be compared to artwork such as the shaping of final exhibit sculptures form the various raw materials as provided by the directors (Dickens, 2008). The process of film editing requires that an editor should be in close relation with the director in the film production. This is because the editor needs to understand the storyline of the film just as the director because the work is a combination of ideas from the two parties in telling the story of the film. The editor mostly ensures of the occurrence of continuity which is the seamless unfolding of the story form part to part. The job of the editor officially starts once the shooting of the film or movie wraps up. This is because the shooting of a film involves random scene shooting mostly due to the convenience and other influential factors. In line with this, shots get disarranged and does not flow with the real story intended for the film such as having a scene of the beginning at the end and/or vice versa. It is, therefore, up to the editor to arrange them and link them to flow continuously (Knight, 2007). This requires long working periods and patience in working under strict deadlines and pressure. The editor formulates the imagery and synchronization of the various sound effects which may include the soundtracks, voice covers and/or sound effects. In the culmination to the final presentation of the film’s production, the editor also incorporates added visual effects. William Hal Ashby is a films editor based in Hollywood films Productions Company. He began his f ilms career in the 1960s in Utah, California. He got his big break by winning the academy awards for films editing in his editor role, in the film, â€Å"in the heat of the night† (Hal, 2006: p.9). Looking into his life from when he decided to venture into the career to what he has become in the film industry will be a considerable contribution into the research. Research Rationale The film industry has undergone revolutionary changes with the advent of technology (Dmytryk, 2004). As a result, there has been the development of a better film production and also the categorization of films as a complex world of production. In addition, more people have become interested in film editing mostly because of the recognition that film editors receive. The title of a film editor in the overall production and film making industry is eye catching for most people. Consequently, interested individuals need to understand the role of a film editor well because of the challenges, as well as the opportunities. They should be able to conduct their efficiently and professionally. As a norm mostly witnessed in many industries, the popularization of a role in production more often than not leads to the eroding of the value of the role and the end product. Therefore, in order to ensure that the integrity and efficiency of production of films by film editors is not at risk, it is vital to understand, carry out and uphold the integrity of the editor’s role in this fast evolving technological world (Murch, 2001). This is also in conjunction with the increased uptake of studies for the role of films editors by most students, as well as increased numbers of film

Case Study on Dish Network Corporation Essay Example | Topics and Well Written Essays - 4000 words

Case Study on Dish Network Corporation - Essay Example The company was among the first companies in the world to introduce the system of pay-TV services to its customers. The mission of the company is to provide best entertainment services at affordable price, add more entertainment channels and offer high value services such as high-speed internet. The company being large is facing certain problems such as employee dissatisfaction, few legal cases, high expenditure due to such legal cases, weak distribution channel, cut throat competition, entry of new companies in the industry and customer complaints with regards to service and payment issues. The company can create problem solving team also known as the steering committee to follow a step wise method for developing a business case. This would include the identified problems relating to Dish Network. The team would mention the problems and causes of the problems. Then alternatives solutions for the problems would be identified and proper cost/benefit analysis is done to check their via bility. Feasibility analysis of the solutions is done to evaluate the economic, social, environmental and legal factors of the external and internal resources of the company. After testing the solutions on these scales, the final implementation is done. The implementation includes steps such as time allocation and preparation of work schedules to estimate the time frame of implementation. Then the last or the evaluation step is carried out. In this step the company analyses the affect of such implementation and formulates new guidelines for the company. Table of Contents Executive Summary 2 Company Overview 4 Business problems of Dish Network 5 Methodology 7 Position 8 Sense 10 Uncover 11 Solve 13 Build 14 Achieve 15 Conclusion 16 Reference 18 Bibliography 19 Company Overview The Dish Network Corporation is one of the largest satellite broadcasters in United States. The company provides service to about 14 million subscribers. The clients of Dish Networks are in hospitality sector, retail, restaurants, etc. They provide services like on-demand videos, local, international and specialty sports channels, blockbuster movies and pay per view facilities in addition to the basic program package. Dish Network as almost 34,000 employees. The corporate office of Dish Network is mainly based in Meridian, Colorado. The company provides internet and voice services through its partners. About 90 percent of the company is controlled by Charlie Ergen, the chairman of the company (â€Å"Is DISH Network a great company, or what†). The customers of Dish Networks can access hundreds of audio & video channels, international channels and Interactive TV applications. The company also provides more than 280 basic video channels to its customers, 2500 local channels and about 30 movie channels. It covers about 93 percent of the United States household. The customers receive the programming through in-house equipment which includes a satellite dish and a set-top box. Some recei vers are also internet-protocol compatible. It allows the customers to view programs through the internet connection (â€Å"Investor relations dish network†). There is stiff competition in the satellite market. The nearest competitor of Dish Network is DirecTV Group. DirecTV is one of the largest pay-tv in US. It is larger in size and stronger capital base than the Dish Networks. Moreover, the network of DirecTV is stronger than Dish TV and it is sold in more stores than Dish Networks. There are also some large providers of cable service successfully competing with Dish Network, they are Time Warner Cable and Comcast. The Time Warner Cable Inc. is a cable service provider in US. It offers video channels, voice services and high speed data through its broadband services. Whereas, Comcast is also

Business Research Methods Assignment Example | Topics and Well Written Essays - 1500 words - 1

Business Research Methods - Assignment Example In addition, a structured questionnaire survey has been planned to be conducted with 100, randomly selected sample population. In order to analyse the data obtained, statistical tools such as graphs and charts will be used in the proposed research. Table of Contents 1.Research Proposal Title 2 2.Abstract 2 3.Introduction 4 4.Research Question and Objectives 5 4.1.Research Question 5 4.2.Research Objectives 5 5.Literature Review 6 6.Research Method(s) 8 6.1.Research Design 8 6.2.Data Collection Methods 9 References 11 Appendix 13 Questionnaire Designed For Customers 13 Questionnaire Designed for Employees 19 3. Introduction Employee satisfaction is often perceived to have a vital role in determining the success of the organization. It has become a crucial factor for the organization to keep its employees satisfied and motivated. However, when it comes to the hospitality service, the role of employees becomes even more important. Customer satisfaction seems to be corollary of satisfied employees, which in turn contribute towards the success of the organization. It can be firmly argued that there is a greater need for creating an environment, wherein employees are committed towards offering services, as per the preferences of the diversified customers group. It is worth mentioning that employee satisfaction not only facilitates in increasing the productivity of the organization, but it also contributes towards enhancing the quality of the services offered to the customers. It can be argued that there is a greater need for understanding the cause and effect relationship acting amid customer satisfaction and employee satisfaction, as often allegedly, it has been affirmed by that it is quite unfeasible to attain customer loyalty without seeking the employee loyalty (Naseem & et. al., 2011In simple words, because customer service largely depends on the employees who provide services to the ultimate customers in a service sector, it is essential to identify and assess the factors underlying the relationship between employee satisfaction and customer satisfaction. Thus, the chosen topic for the research, will attempt to identify the correlation existing between the customer satisfaction and the employee satisfaction in the UK hospitality service sector, evaluating the underlying factors. The research will offer valuable insights to the hospitality service sector about the role of employee satisfaction and its effects on attaining customer satisfaction. The study will further facilitate the hospitality service sector, to concentrate on the employee’s level of satisfaction in order to achieve the pre-determined goals of the organization. 4. Research Question and Objectives 4.1. Research Question The notion considered for this proposed study postulates that the in-depth understanding of the correlation existing between customer satisfaction and employee satisfaction will provide empirical evidences to the underlying factors influencing such a dependency of its market performance on the internal organisational environment and managerial strategies. This shall further assist the hospitality service providers to evaluate their current managerial strategies and pay due attention towards balancing their internal organisational environment, in order to yield a higher degree of customers satisfaction. Correspondingly, the research question to be

Operation management Assignment Example | Topics and Well Written Essays - 1500 words - 1

Operation management - Assignment Example Top among the priorities remains the element of competition from existing hotels within the region. The organisation must ensure the competition aspect of the business becomes effectively addressed for successful entry into the market. This research seeks to undertake an analysis of the existing competition within the market, and enable the organisation to make informed decision about commencing with the project. This will involve conducting internet based research to establish the market situation within the target region. Competition among organisations can be conducted through different approaches, including the adoption of effective operations strategies. The development of an effective operations strategy involves undertaking research to understand the components and measures of efficacy in operations (Lewis et al. 2010). Efficiency of operations remains a fundamental component of cost-cutting which ensure organisations increase their profitability. Before the development of these strategies however, numerous conditions must become satisfied to ensure the strategies function effectively, within a competitive market (Brown et al. 2013). Operating efficiency remains a fundamental indicator of the operations capability within an organisation. Analysing the operating efficiency of competitors can enable an organisation to adopt better operation initiatives and improve the processes, for increased profitability. Within any market, competition remains an ever present element when conducting business. Successful entry into a market involves conducting an analysis of the existing competition in order to develop competition strategies, which will ensure successful market entry. As a new entrant, the market dynamics utilised in enhancing competitiveness within the market become essential features, which organisations can utilise to compete effectively. Undertaking a competition review enables a new entrant to understand

Wal-Mart v. Dukes, Essay Example | Topics and Well Written Essays - 750 words

Wal-Mart v. Dukes, - Essay Example After numerous legal proceedings, the US court ruled in favor of the firm, an action that caused uproar within the US, thereby having significant impacts to the US business, with its rippling effects resonating for years to come. It is unlawful to mistreat employees based on miscellaneous unjustified features such as gender, race or cultural affiliation. Firms ought to implement policies such as efficiency, and skills in promotion of their employees (Copeland & Labuski, 2013). Additionally, equal prospects in the training of employees are significant. As such, owing to diverse similar cases, impacts on both the employers and the employees are severe. Such instances have adverse effects to employee motivation, thereby reducing their efficiency. I believe that the court ruling was erroneous (Copeland & Labuski, 2013). Besides, owing to the case, the firm may have experienced numerous losses, since the remaining employees may have experienced indirect impacts, owing to the reduction of the workforce. Established firms such as Wal-Mart ought to adhere to the implemented labor laws in their appraisal of employees, thereby eliminating recurrence of such instances. However, the firm may justify itself owing to the misconception that male employees tend to be more efficient. This misconception continues to be irrelevant since numerous female employees continue to prove even more efficient as compared to their male counterparts (Martens, 2012). Additionally, diverse labor unions have continually protested against Wal-Mart Stores, thereby criticizing it over the alleged abuse of the labor laws and accusations of gender and racial discriminations (Copeland & Labuski, 2013). It is also apparent that these women continually underwent dissimilar circumstances such as the low pay owing to their gender (Martens, 2012). Additionally, the promotion of the male employees was critically unjustified. The management Wal-Mart Stores failed to incorporate

Case Study--i've got rhythm Study Example | Topics and Well Written Essays - 250 words

--i've got rhythm - Case Study Example This category is convoluted in the sale of medical devices. The experts in this sector offer patients the service of specific technical programming of various machines. They also give information on machines to the medical personnel in charge of hospital machines. The first option involved hiring a lot of direct sales force that would get to the market more deeply and market the products. This option would have a direct impact on the business since it would increase the market range. This action would foster better relationship between the company and its customers due to direct contact. However, this option is disadvantageous since it lowers the morale of existing sales personnel. The second option involved creating clear-cut job descriptions between the sales people and the technical representatives. The salespeople focused on selling the machines that the technical team handled machine operation. This option could lead to increase in sales since each group could add more effort on their area of specialty. However, creating a gap between these two groups would lead to dissatisfaction of customers. The third option involved focusing on the areas that had more probable customers. Concentrating on major market areas would result into high sales since the target was easy. However, this method left out the option of looking for new markets. The fourth option involved converting the sale force into a team that would work together to increase the sales. In this option, the sales specialist and a technical specialist would work together so that the rate of customer satisfaction would rise and consequently the number of sales would increase. However, a major disadvantage is that the operational cost would be very high and hence profit rates would reduce. I would recommend the fourth option since it provides more room for growth in the company. Coordination ensures that everyone in the team has the knowledge on all aspects of the business and

Creating an atmosphere of tension Essay Example for Free

Creating an atmosphere of tension Essay Compare the opening scenes of two film versions of Great Expectations and review how effective they are in creating an atmosphere of tension.  The widely known book Great Expectations by Charles Dickens has many film adaptations, but during this essay I will be concentrating on two particular versions, the 1945 version, directed by David Lean and the 1997 version, directed by Julian Jarrold. During this essay I will be reviewing how effective each of these openings are and comparing them. Camera Angles are clearly the most important factor at creating an atmosphere of tension in the opening of this film. For an audience of today the camera angles and shots, from the later version directed by Julian Jarrold is much more effective at creating tension, as the short, snappy changes between shots such as jump shot to the grave yard, close up on the convicts feet, jump shot, Pips face, jump shot, close up on the convicts feet again etc. This fast action keeps the audience engaged and they always have something to be looking at. Also Julian Jarrold cleverly uses sea gulls for two of the shots, to show that maybe something scary, that cant be shown on screen is happening and also can be compared to Pip trapped by the convict unlike the free, flying birds. This provokes the audience to wonder what might be happening and want to carry on watching to find out. However David Lean doesnt make much use of the Camera angles, and in effect his opening of the film isnt as interesting or engaging. In total David Lean uses about 10 different shots which compared to Julian Jarrold is nothing. But both directors use a similar shot during the opening, David Lean uses a long shot and Julian Jarrold uses a long shot, zooming in on Pip while on the marshes to show the setting of the film and to show how small and vulnerable Pip is. As well as the camera angles and shots the music and sound effects accompanying them play an important role at creating tension. In the opening credits of the earlier version, directed by David Lean, the music accompanying the credits convinces the audience with its happy, jolly, music that the film is going to be exactly how the music sounds, happy, jolly etc. but the actual opening of this film version is the total opposite, portraying a dark miserable opening to the film. Whereas Julian Jarrold in the later version, opens the scene with one long note of eerie, mystical music to set the atmosphere of the film. He also changes the speed in which the music is played, slowing it down in places to suit what may be happening the film. At the start of David Leans version he uses the older Pip to narrate from the book Great Expectations, which is lighted by a spot light, this isnt very effective as it tell the audience that Pip is still alive at the end, leaving some of the suspense out of the scene. David Lean uses a number of sound effects such as bird noises to make the marshes sound wild and tries to create tension by using the creaking of trees and rattling of chains on the convict. As the technology was not as well advanced in 1945 as it is today the sound effects are obviously not as good as the 1997 and this can make the film seem inadequate compared to Julian Jarrolds version. Similar to David Lean, Julian Jarrold uses a wide range of sound effects to show the wildness and desolate marshes, but he also uses sounds such as foot steps and heavy breathing which interrupts the music at times. Although David Lean contradicts the film with the music, he uses the weather effectively to set the atmosphere, using strong wind, that whistles in the vast open marshes, to show how desolate they are. In the later version, Julian Jarrold doesnt use the weather to set the mood, he uses clear blue skies, but he uses the sky to show the time changes, for example, when Pip is running home the sun is setting, to show that it is evening. Both directors have used similar sets for the marshes, flat, desolate areas to convey how small and alone Pip is. David Lean uses quite an open area for the graveyard which isnt that effective. Julian Jarrold however uses a long grassy field which is very enclosed where Pip is being chased toward the graveyard by the convict, which suggests Pip is being hunted like a wild animal. He uses this enclosed space to relate to todays audience. Both directors have chosen to light Pips face, as a sign of good and keep the convicts face dark, as a sign of evil. A c lassic thing that most directors tend to use. Both directors for the cast of the convict have ventured down similar paths. Using well built, ugly, bald and strong man for the role of the convict, that towers over Pip to show how small and venerable he is. The convict wear dark, dirty and ripped cotton clothing, to show that he has had a rough journey and has chains and an iron on his leg to show that he is a escaped convict. On the contrary the directors have chosen almost opposite actors for Pip. David Lean chose a blonde haired, blue eyed baby faced, neat and innocent looking boy, giving the impression he is a polite well behaved boy and Julian Jarrold chose a brown haired boy, with longish messy hair, brown eyes and a rough, rugged, cheeky look about him, to suit todays audience and meet their expectations of a boy of that age, so its easier for them to relate to the film. David Leans Pip wears a scarf, shirt, waist coast and slightly short trousers showing that he is poor and Julian Jarrolds Pip wears short trousers and a sh irt, which is very dirty and ripped. David Lean chooses to stay very close to the script in the book and the script is almost the exact writings from the book. But Julian Jarrold however decided to use none of the script and let the actions speak for themselves, in the whole of the opening only one word is said, which is MUMMY which is said by Pip.  In conclusion both films are effective at creating an atmosphere or tension for each of the targeted audiences. As the version directed by David Lean was made in 1945, people had different interests, so that particular version shown to an audience today may not be that effective as the later version directed by Julian Jarrold.

Factors of Acute Kidney Injury

Factors of Acute Kidney Injury 1. Introduction: Kidneys are the important two paired organs of our body that function normally under the physiological limits. Kidneys may lose its normal functioning under certain circumstances paving way to a disease state of kidney. These kidneys as termed filter units of the body function to excrete waste substances from the body. Similar to the other diseases of the body, kidney diseases result in life threatening dilemma of the society, with inclusive pathological causes and related social norms. In following section various aspects of acute kidney injury (failure) are discussed in detail. 2. Acute Kidney Injury: Studies related to ‘’acute kidney failure (ARF)’’ were jeopardized for over past decades due to the conflicting definitions and varied diagnostic criteria of the disease by different investigators, though, all reached to an agreement that a decline in renal function for over the time of hours to days is the distinct characteristic feature of ARF. In the year 2005, an initiative has been taken by Acute Dialysis Quality Initiative and the Acute Kidney Injury Network (AKIN) for replacing the term ‘’Acute Kidney Failure’’ to ’Acute kidney Injury (AKI)’’ (Mehta et al, 2007).However, this definition was further improved in the year 2007, which is mostly accredited to as the RIFLE criteria (Risk-Injury-Failure-Loss of function-End stage renal disease). Moreover, elevated serum creatinine level and deceased urine output are included in the diagnostic criteria. The first three stages of AKI including stage 1 – r isk, stage 2 – injury and stage 3 failure with diagnostic criteria are shown in the Figure 1 (Kellun et al, 2005). Acute renal failure (ARF) is defined as a rapid and reversible decline in glomerular filtration rate (GFR) ranging from few hours to weeks,that can occur in the setting of previously normal renal function (‘classic’ ARF) or in a patient with pre-existing chronic renal disease (‘acute-on-chronic’ renal failure). Clinically, ARF is further subcategorized in two distinct types, firstly on the basis of being oliguric (urine output 500 ml/day), and secondly on being dialysis dependence (Schrier et al, 2004). Patients are classified in three categories depending on their risk of renal dysfunction, type of kidney injury, and the degree of kidney failure, which is further associated with two clinical outcomes: Loss and End-stage renal disease (RIFLE). ARF (Loss) is defined as the requirement of renal replacement therapy (RRT) for a period of more than 4 weeks, whereas end-stage renal disease is defined as dependence on dialysis for a period of more than 3 months. Patients with acute renal dysfunction without presenting a baseline measure of renal function are evaluated for the presence of chronic renal disease. The Modification of Diet in Renal Disease formula is used to predict ‘normal’ GFR is there is no evidence of chronic renal disease, which thus is helpful in assessing the severi ty of the ARF episode (Lameire et al, 2006). 2.1. Incidence of Acute Kidney Injury: Evaluation of theaccurateand factual epidemiological characteristics of ARF is hinderedby various reasons such as, lack of a generally accepted definition, gender disparity, issue of lacking consult with a doctor, financial issues in transplantation and treatment and delayed treatment, especially in developing countries, which all together contribute in hampering proper assessment of incidence of acute kidney injury (Cerdà ¡ et al, 2008). Furthermore, deviation in catchment populations and methods used for case ascertainment also result in difficulties for ARI evaluation. The rate of acute kidney injury holds difference in the general population, designated differently as three groups, community-acquired acute kidney injury, the hospitalized patients and critically ill patients of intensive care unit (ICU). 2.1.1. Community Acquired Acute Kidney Injury: Generally, ARF occurs rarely in community settings. After exclusion of those who suffered chronic renal failure, ARF was found developed in 172 adults per million people (pmp) per year in an unselected population(Singbartl et al., 2000).The incidence ranged between 17 pmp/year and 949 pmp/year for adults (less than 50 years of age) and those aged between 80 years and 89 years, respectively. Acute dialysis was administered to 22 pmp(Liano et al) and it was foundin a research study conducted for over a period of 9 months at 13 tertiary care hospitals in Madrid, Spain that the overall incidence of ARF is about 209 cases pmp. Moreover, it has been reported that community-acquired ARF in the US account for 1% of hospital admissions(Schnermann, 2003). Pre-renal ARF and acute-on-chronic renal failure have been reported to be associated with dehydration particularly in elderly people, use of drugs such as angiotensin-converting-enzyme inhibitors and angiotensin-receptor blockers in highrisk patients, and heart failure(Schnermann, 2003). Also, 0.69% of admissions of African Americans were accounted for de novo ARF. The incidence of community acquired ARF in this population was 3.5 times more than that of hospital-acquired ARF; with several patients having underlying medical conditions(Noiri et al., 2001).Disasters in particular earthquakes, many other causes of crush syndromes such as accidents, rhabdomyolysis resulting from infections, coma, and seizures, usage of drugs particularly nonsteroidal anti-inflammatories, and vascular events such as thrombosis of vessels are associated with community-acquired ARF. Furthermore, hemolytic uremic syndrome secondary to infection with Escherichia coli or Shigella is a common cause of ARF, as is poststreptococcal glomerulonephritis in children. Diarrheal diseases, hemolysis, tropical and non-tropical infections, and snake bites are causative factors of ARF in tropical areas such as India and Africa. The overall incidence of obstet ric-related ARF has declined for over many years (Melnikov et al., 2001; Wang et al., 2003). Medicines that are prescribed by traditional healers which mostly comprise mixture of herbs and unidentified chemicals for oral administration or as enemas constitute a distinct class of nephrotoxins in Africa and Asia(Jha V and Chugh2003) 15. Venoms of sea snakes, viper snakes and stinging insects, and raw gallbladder and bile of carp and sheep are present in common animal-derived nephrotoxins. Moreover, common edible plants such as djenkol beans, and mushrooms and medicinal herbs including impila, as well as cat’s clawcomprise botanical nephrotoxins (Melnikov et al., 2001).Nephrotoxicity which is caused by different chemicals can be due to accidental exposure to chemical such as chromic acid in industrial work places or due to use of chemicals such as copper sulphate, ethylene dibromide or ethylene glycol with suicidal or homicidal intent. 2.1.2. Hospital-acquired: The incidence of hospital acquired ARF surpasses that of community-acquired ARF by 5–10 times, being 0.15–7.20% in hospitalized patients (Nash et al., 2002). Surveysthat are used for hospital-acquired ARF under estimate the true incidence, as cases that include terminal patients are not either referred for treatment for ARF or are not screened for ARF. Out of 311 unselected hospitalized patients with ARF, 22% were referred to a nephrologist in an assessment in unselected patients. Age and comorbidities of patients at presentation influenced the referral(Zuk et al., 2001) and by different referral patterns to the site of care including district general hospital, tertiary referral centre, general ICU, and cardiothoracic ICU. In a prospective hospital-based study of ARF, the estimated incidence with need for RRT was reported to be 203 pmp/year, having patients with acute-on-chronic renal failure inclusive (Metcalfe et al., 2002). A significant elevated level in the inciden ce of hospital-acquired ARF has been observed over the period of past decades. The US National Center for Health Statistics National Hospital Discharge Survey reported that the number of hospitalizations with a diagnosis of ARF has increased dramatically, from 35,000 in 1979 to more than 650,000 in 2002, depicting an yearly rate of increase of over 13% which may be due tovarious comorbidities of the hospitalized population, increasing age of the population, increased occurrence of risk factors for ARF including chronic kidney disease and diabetes, and furtherprevalent use of intravenous contrast agents for imaging and cardiovascular techniques. Ischemic and/or toxic acute tubular necrosis (ATN) are marked the main causes of hospital-acquired ARF. Most of the time, there involves multi factorial causes including, encompassing postsurgical ATN, chemotherapy-induced ARF, ARF secondary to sepsis, contrast agents or drugs such as antibiotics, allopurinol, nonsteroidal anti-inflammatories and proton-pump inhibitors, and ARF due to a clot or atheroembolism. In spite of the shift in the etiology of hospital-acquired ARF over last few decades, prerenal conditions having manifestationsuch as reduced rates of renal perfusion stays to be leading causative factor of ARF (about 40% of cases). The trend in developed countries towards an elevated incidence of ARF in hospitalized patients due to drugs, different infections and surgeries has been observed in China(Wang et al., 2005)as well as in India (Prakash et al., 2003). 2.1.3. ARF in critically ill patients admitted to the ICU Patients in ICU, exhibit ARF many times associated with multi-organ dysfunction syndrome (JoannidisMetnitz, 2005). The findings of a multinational epidemiological study of ARF presented results that showed occurrence of ARF in 1,738 (5.7%) patients during their stay in ICU out of total sample size of 29,269 patients in ICUs of 54 study centers in 23 countries(Uchino et al., 2005), with period prevalence ranging from 1.4% to 25.9% in all study centers. 1,260 (4.2%) of the patients out of overall patients with ARF were treated with RRT. Many ICU patients were considered for ATN in the setting of multi-organ failure (Mehta et al., 2004). 2.2. Pathogenesis: The pathogenesis of acute kidney injury most importantly comprises two mechanisms that include loss of autoregulation and increased renal vasoconstriction. In experimental animals, acute ischemic injury is found associated with a considerable loss of renal autoregulation (Abuelo, 2007). Also, in case of decrease in renal perfusion pressure, there occurs normal autoregulatory renal vasodilation, evidence has been reported exhibiting renal vasoconstriction in case of ischemic kidney. Moreover, acute ischemic insult has been found associated with rise in the response to renal nerve stimulation (Abuelo, 2007). The increase vasoconstrictor response has been observed to the exogenous norepinephrine and endothelin, in the acute ischemic kidney (Basile, 2007). These vascular anomalies experienced during ischemic kidney are related to the resultant elevation of cytosolic calcium observed in the afferent arterioles of the glomerulus. The pathogenetic role of elevated cytosolic calcium concentr ation in the afferent arteriole of the ischemic kidney is supported by the observation that intrarenal calcium channel blockers can reverse the loss of autoregulation and the subsequent rise in sensitivity to renal nerve stimulation (Abuelo, 2007). The mitochondrial calcium build-up in the ischemic kidney is found to be reversed by calcium channel blockers administration (Starkov et al., 2004). Moreover, calcium channel blockers have been shown to lessen renal dysfunction and toxicity associated with the immunosuppressive drug cyclosporine following cadaveric renal transplantation, when administrated prior to the ischemic insult (Starkov et al., 2004). 2.2.1. Outer medullary congestion: The outer medullary congestion of the kidney is yet one of the vascular hallmark of acute renal ischemia. Previous research studies have proposed that the outer medullary congestion of the kidney further worsens the relative hypoxia in the outer medulla and subsequently the hypoxic injury in the S3 segment of the proximal tubule and the thick ascending limb of the Henle loop (Heyman et al., 2010). Up-regulation of adhesion molecules termed related to outer medullary

Aristotles Analysis of Oedipus the King Essay -- Oedipus Rex Essays

Aristotle's Analysis of Oedipus Rex   Ã‚  Ã‚   Aristotle is the most influential philosopher in the history of Western thought. A Greek drama by Sophocles, Oedipus Rex, was praised in the Poetics of Aristotle as the model for classical tragedy and is still considered a principal example of the genre.   In this essay I will analyze Oedipus Rex using Aristotle's concepts praxis, poiesis, theoria.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Thought and character make persons actions.   They only indicate the basic meaning of action but if one wants to understand how the arts imitate action more than just in concepts of thought and character he or she should explore the notion of it a little further.   Action springs from character and thought.   Aristotle believes that a man?s character makes him act in certain ways, but he acts only in response to the change of circumstances in his life, and it is his perception that shows him what to look for and what to avoid in each situation.   Furthermore, in Aristotle?s psychology, action and character are formed from out ill-defined emotions, which he calls pathos.   Therefore in any tragedy the element of it is essential.   If we want to understand the action in Oedipus Rex, we must concentrate on the relationship between the pathos with which the actual play starts and ends, and the purpose which is to find the slayer, t hat produces the events of the story.   Action and passion or (praxis and pathos), are very sharply contrasted.   Action is simply active: the character perceives something that it wants, and gradually ?moves? toward it.   Passion on the other hand is passive: the character suffers something that it can?t control, and therefore ?is moved? thereby.   This can be best illustrated in the Prologue of Oedipus Rex, Thebe... ...ing and unrivaled in its comprehensiveness. Works Cited and Consulted Barnes, Jonathan. The Complete works of Aristotle. Revised ed. Vol. 2. Princeton: Princeton UP, 1984. Benardete, Seth. ?Sophocles? Oedipus Tyrannus.? In Sophocles: A Collection of Critical Essays, edited by Thomas Woodard. Englewood Cliffs, NJ: Prentice-Hall, Inc., 1966. Ehrenberg, Victor. ?Sophoclean Rulers: Oedipus.? In Twentieth Century Interpretations of Oedipus Rex, edited by Michael J. O?Brien. Englewood Cliffs, NJ: Prentice-Hall, Inc., 1968. Grene, Marjorie. A Portrait of Aristotle. Chicago: U of C, 1963. Murray, Robert D. Jr. ?Sophocles? Moral Themes.? In Readings on Sophocles, edited by Don Nardo. San Diego, CA: Greenhaven Press, 1997. ?Sophocles? In Literature of the Western World, edited by Brian Wilkie and James Hurt. NewYork: Macmillan Publishing Co., 1984.

Entry Criteria to the Euro :: Euro Finances Economics Essays

Entry Criteria to the Euro 1.Entry criteria The four entry criteria are set out in Article 121(1) of the EC Treaty. A Member State must satisfy all four criteria in order to be able to enter the euro area. (Treaty quotes Source: http://europa.eu.int/scadplus/leg/en/lvb/l25014.htm [02/02/2004]) 1.1. Price Stability The Treaty stipulates: "The achievement of a high degree of price stability [...] will be apparent from a rate of inflation which is close to that of, at most, the three best-performing Member States in terms of price stability." The inflation rate of a Member State must not exceed by more than 1.5% that of the three best-performing Member States in terms of price stability for a year preceding the test for criteria compliance. TEST PASSED ----------- 1.2. Government Finances The Treaty stipulates: "The sustainability of the government financial position [...] will be apparent from having achieved a government budgetary position without a deficit that is excessive [...]". This stipulation gave rise to two criteria being drawn up by the Commission for the Council of Finance Ministers. A. The annual government deficit must not exceed 3% of gross domestic product (GDP) at the end of the preceding financial year to the test for criteria compliance. B. Outstanding government debt must not exceed 60% of GDP at the end of the preceding financial year to the test for criteria compliance. TEST PASSED 1.3. Exchange Rates The Treaty stipulates: "the observance of the normal fluctuation margins provided for by the exchange-rate mechanism of the European Monetary System, for at least two years, without devaluing against the currency of any other Member State." A. The Member State must have controlled its exchange rate in line with the Euro within the normal margins of the exchange-rate mechanism, without any break during the two years preceding the test for criteria compliance. B. The Member State must not have devalued its currency against the Euro on its own initiative during the same period. The pound has been controlled in line with the normal margins of the ERM and there has been no devaluation in the last two years. TEST PASSED ----------- 1.4. Long-Term Interest Rates The Treaty stipulates: "the durability of convergence achieved by the Member State [...] being reflected in the long-term interest-rate levels". The nominal long-term interest rate must not exceed 2%of the three best-performing Member States in terms of price stability. The period taken into consideration is the year preceding the test for criteria compliance.

The Evolution of Lilith :: Lilith Essays

The Evolution of Lilith The first appearance of Lilith came in the form of a cameo in a story called the "Prologue of Gilgamesh". In it, a great tree is described, obviously the tree of life. On the top of a tree rests a bird, possibly an eagle, and in the center lives a "dragon[who] had build it's nest there...the demon Lilith..." This can be equated with the Midguard Serpent of Norse mythology and various other chaos creatures who lived and gnawed on the Tree of Life. The purpose these entities served was one of balancing the Yang with the Yin, tempering the force of Creation with the force of Destruction, order with chaos, as one cannot exist without the other. Thus Lilith, and other so-called "serpents" served an important purpose, that of keeping the Yang under control, and thus also serving a psychological purpose. When one rests too much in the light, one can develop a self-righteous attitude, and starts to think that they know everything. This was the true nature of the state Adam and Eve were in before the serpent in the garden, who was Lilith as we shall later see, were in....Adam and Eve had the false sense of security that they knew everything there was to know and carried within them the forces of creation (Yang). Lilith, on the other hand, who was the personification of Yin brought them down to earth when she got Eve to eat from the tree. Where Yang says "I know the right way, I know everything", Yin says "You don't know everything, you never will know everything, and there is no right way." Thus, Adam and Eve were brought down to earth, so to speak, when they partook of the fruit. The expulsion from paradise symbolized their acc eptance of reality, and Yahweh's displeasure symbolized humankind's need to control and escape reality. As one can see, each character in the story of the fall are archtypical symbols for forces within the human psyche... Going back to Lilith, after her appearence in the Prologue, she became described on tablets found in ancient Sumeria as "the hand of Inanna" who swept men into her temples for sacred sexual rights. Lilith became the symbolism of feminine allure, the dangerous seductive qualities of the dark moon.  Ã‚   Though she was never a Goddess in Sumerian lore, Lilith was nonetheless an important enough figure for later cultures to take note of her.

Childhood Development and Sexual Behavior

Childhood Development and Sexual Behavior Frank Sehi PSY/265 January 24th, 2013 Nicole Pansey Childhood Development and Sexual Behavior Sexual behavior begins to develop as early as the â€Å"Infancy (0 to 2 Years) stage† (Rathus, Nevid, & Fichner-Rathus, â€Å"CHAPTER 13 ? Sexuality in Childhood and Adolescence,† 2011). Male fetuses have erections while in the mother’s womb, and both male and female fetus suck on their fingers, which gives pleasure in the mouth (Rathus, Nevid, & Fichner-Rathus, â€Å"CHAPTER 13 ? Sexuality in Childhood and Adolescence,† 2011).Between 6 months to 12 months a child may begin to masturbate, such as male boys may run up against something or play with their gentiles (Rathus, Nevid, & Fichner-Rathus, â€Å"CHAPTER 13 ? Sexuality in Childhood and Adolescence,† 2011). From 3 to 8 years old children begin to show curiosity some when it comes to sexual development behavior, just because the begin to notice the difference in boy and girl gentiles (Rathus, Nevid, & Fichner-Rathus, â€Å"CHAPTER 13 ? Sexuality in Childhood and Adolescence,† 2011).This stage they may play house, doctor, or even with doll to play out their sexual behavior, and in most cases it is innocent behavior (Rathus, Nevid, & Fichner-Rathus, â€Å"CHAPTER 13 ? Sexuality in Childhood and Adolescence,† 2011). Children may play out same sex sexuality, but has no effect on sexual preference at this age (Rathus, Nevid, & Fichner-Rathus, â€Å"CHAPTER 13 ? Sexuality in Childhood and Adolescence,† 2011). During the Preadolescent stage is when a child really discovers masturbation; they discover how to pleasure themselves and the feel of the sensation.Also at this stage Preadolescents may experience same sex behavior as way of exploring their sexuality, but in most cases a short phases (Rathus, Nevid, & Fichner-Rathus, â€Å"CHAPTER 13 ? Sexuality in Childhood and Adolescence,† 2011). The adolescent stage happens r ight after puberty, this stage is masturbation is the big part sexual pleasure. Adolescents for most part will masturbate, and still can keep their virginity and avoid pregnancy (Rathus, Nevid, & Fichner-Rathus, â€Å"CHAPTER 13 ?Sexuality in Childhood and Adolescence,† 2011). During adolescents a few have experienced same sex sexual experiences among g their peers, and in most cases it’s just during the transition period from adolescent to adult sexual behavior (Rathus, Nevid, & Fichner-Rathus, â€Å"CHAPTER 13 ? Sexuality in Childhood and Adolescence,† 2011). Adolescences who are gay or lesbian tend to struggle more during this stage, than those who are heterosexual, because of judgment of peers (Rathus, Nevid, & Fichner-Rathus, â€Å"CHAPTER 13 ?Sexuality in Childhood and Adolescence,† 2011) In conclusion Sexual development begins from the fetus to adolescent stage, and most of the child’s sexual behavior is more of discovering one’s self . The adolescent stage is where one discovers more on what they like sexual wise, and usually orientation as well. References: Rathus, S. A. , Nevid, J. S. , & Fichner-Rathus, l. (2011). Human Sexuality in a World of Diversity (8th ed. ). Retrieved from The University of Phoenix.

Multinational Enterprises (MNE)

This paper takes the position that Multinational Enterprises (MNEs) do improve rather than exploit foreign labor’s working conditions on the ground that globalization has been adopted by more countries, and that this must be deemed to have s resulted to more benefits for the workers of these countries who wanted these MNEs to come in to their countries. The increasing number of countries who want to join the WTO further proves that MNE could thrive to help the economies and working conditions of many. This paper will support with evidence the above thesis by leaning on the positive view of the coin that it is more plausible for multinationals in particular to do good rather than exploit the working condition of foreign countries. When more countries adopt globalization (Editorial, 2000) as economic strategy by joining the WTO, MNEs are in effect encouraged to do more of their business across countries. To argue otherwise that globalization will discourage MNE is simply against theory and human experience. If WTO has the objective of less restricted economic ties among members, more trade investment liberalization is also expected. This would be consistent with what   BIAC (2003) claimed that trade and investment liberalization foster economic growth, creates wealth and improves labor conditions, and will also end up in a better division of labor between countries based on comparative advantage.   Liberalization will in turn promote a focus on productivity improvement, management skills and facilitates integrated links to markets (BIAC, 2003) since globalization encourages the growth of foreign direct investment (Kumar N. and Pradhan J.P., 2002). Countries that have more MNEs have resulted to more benefits for the workers of said countries.   The existence of MNE in different countries as evidenced by more foreign direct investments (Hansen H. and Rand J. ,2004) are also proofs of continuing trust of host governments for the   beneficial effects of MNEs in terms of more employment opportunities and better lifestyle of those working in MNEs than their local counterparts. Given these two arguments and their corresponding proofs opposing persons of globalization have their criticism as discussed below. It is being claimed by people who oppose globalization that multinational national enterprises exploit labor in poor countries.   Bhagwati (2005) mentioned the fact that anger has been aroused by the supposition that rich, deep-pocketed corporations pay   unjust or inadequate wages to their workers outside their home country and that these MNE are even branded as labor rights violators (Bhagwati, 2005).   The line argument of the critics is centered on the assertion that that if a certain branded product   sells for $200 in New York, the female worker or laborer abroad who sews it and for which the MNE paid   only 60 cents an hour, exploitation was already believed to be found. A reasonable mind would readily see the flaw in the argument as there was no forcing on the part of the MNE to have the female laborer to do the work at 60 cents per hour.   It was a free market where a typical entrepreneur would like to produce a product at a lower cost.   If the business entity is not an MNE, would there be no exploitation also?   The critic’s argument simply appears faulty in the crucible of common sense.   Could it be that MNE which can move its goods across countries that solidifies the exploitation?   Said argument would be faulty as well since it must be made clear that the MNE still has to spend transportation cost, distribution cost and even tariff duties in bringing the goods from third world country to the United States. To further prove the lack of merit of the claim that MNEs pay their workers only minimal   wages,   Bhagwati (2005) cited a recent study of the profits performance of more than two hundred   companies in the 1999 Fortune Global 500 list which a very minimal profit on foreign assets of only 8.3.   This means that the foreign companies may just be earning just same or a little above their cost of capital. In countries where there are strong political and economic risks, the 8.3 % could should still be reduced by inflation factor and this could make it lower than the price of just simply making investment in the US treasury bills which ranges about 4 to 5%.   It is therefore very hard to see the evidence of exploitation if the it meant the huge profit despite against low labor costs in poor countries. Another evidence cited on wage payments were on good empirical studies that have been conducted in Bangladesh, Mexico, Shanghai, Indonesia, Vietnam, and else where these studies revealed that that multinationals actually pay an average wage that is above the going rate in the area where these MNE are located.   It was also found that affiliates of some U.S. multinationals pay a higher rate over local wages that ranges from about forty to a hundred (Bhagwati ,2005). In another cited Bhagwati, (2005) cited confirmatory result from that of the economist Paul Glewwe, using Vietnamese household data for 1997-98, Glewwe found that workers in foreign-owned enterprises generally make almost twice the salary of the average worker employed by a local Vietnamese company. What comes out of the comparison made by critics on wages simply misread that needed to be compared.   Comparing the salary of a worker in the US with the counterpart worker in another of less economic status is simply faulty.   A better comparison is to be made by comparing the life style of an MNE worker than its counter part local worker since the advantage or disadvantage could only be felt in said place.   This was seems to be framework of Glewwe’ finding when the economist   pointed out that 1990s increases in Vietnam’s household income using per capita consumption expenditures as basis of measurement were above the   average increases for all Vietnamese households. (Bhagwati,2005) There are also accusations that global corporations violate labor rights.   Bhagwati(2005) reported that case of where anti-globalization activists having sometimes made and announced lie as in the case of IKEA which was accused of exploitative child labor by its suppliers but was latter found by a German film which has documented that the abuse was simply create by activists.   (Bhagwati ,2005).   Added to the example of faking by activist was the claim â€Å"that the chocolate sold in rich countries relies on slave labor by children in the cocoa plantations of the Ivory Coast† where is found that the stories and charges   were false. A more objective analysis of the claims and their arguments would reveal the weakness of these claims against MNE.   The lack of employment opportunities for poor countries has actually the government of these poor countries to open up their economies.   Opening up their economies allow their labor laws to be flexible enough to allow Men’s to complete in the global market (Samuelson and Nordhaus, 1992). To conclude, there is basis to uphold the thesis of this paper as we have proven that the arguments claimed by those who oppose globalization are bereft of evidence or some of these evidences may have been manufactured to their own arguments.   Multinational enterprises do not impose their entry upon other poor countries as they are being invited to come into by the other countries act joining the WTO.   Such voluntary joining will carry the presumption that these MNE promotes employment generation and help in the economic growth of the countries opening up their economies rather exploit the working conditions of said countries. References: Adewumi (2006) The Impact of FDI on Growth in Developing Countries an African Experience, {www document} URL www.diva-portal.org/diva/getDocument?urn_nbn_se_hj_diva-711-1__fulltext.pdf, Accessed June 6, 2007 Bhagwati, J. (2005) Do Multinational Corporations Hurt Poor Countries?   {Www document}   URL, http://www.taemag.com/issues/articleid.18014/article_detail.asp, Accessed June 6, 2007 Business and Industry Advisory Committee to the OECD (BIAC), (2003) G8 Labor and Employment Ministers Conference â€Å"Growth and Employment: The Future of an Active Society in a Changing World† Statement of the Business and Industry Advisory Committee to the OECD (BIAC), Stuttgart, Germany, December 14-16, 2003, {www document} URL http://www.biac.org/statements/elsa/Final_2003_G8_Stuttgart_BIAC_Statement.pdf, Accessed June 6, 2007 Editorial (2000) Merged with Tide of Economic Globalization, People’s Daily Online, {www document} URL http://english.people.com.cn/english/200002/01/eng20000201A106.html, Accessed June 6, 2007 Hansen H. and Rand J. (2004) ‘‘on the casual link between FDI and growth in developing countries’’.   Discussion papers, Institute of Economics, University of Copehagen.   Denmark Kumar N. and Pradhan J.P. (2002) ‘‘Foreign direct investment, externality and economic growth in developing countries: Some empirical explorations and implications for WTO negotiations on investment’’ Research and information system, New Delhi India. Samuelson and Nordhaus (1992), Economics, McGraw-Hill, Inc, London, UK   

Working with Financial Statements

Working with Financial Statements Accounting is the heart and soul of executing a successful business. Accounting is used to provide record for all items that are paid and received for a business over any period of time. Within the purpose of accounting lies the need to provide continuity and sustainability within a business, without it a business will not thrive. The information obtained is kept on record, in order to give insight to upper management on data concerning the daily revenue and expenses of that business. This data is needed to not only inform the employees of the business, but also the investing parties of that business as well.Success in business is equated to being accountable of all aspects of revenue and expenses. To help aid in the understanding of the practice of accounting, Team A will discuss the subjects of revenue and expense recognition principles. We will also discuss the importance of journal adjustments that are prepaid, unearned, and accrued for both reve nues and expenses over time. Each item discussed helps provided and maintains a balance for the completion of a financial statement. If entered correctly, the all entries used will provide a clear picture of the account efforts of any business.The Revenue Recognition and Expense Recognition Principle Being able to account for a business’s revenues and expenses in a certain accounting period is difficult to determine. To do it correctly, one would need to understand two principles that set the standard; the revenue recognition principle and the expense recognition principle. In chapter 4 of our textbook Financial Accounting Tools for Business Decision Making, it states â€Å"the revenue recognition principle requires that companies recognize revenue in the accounting period in which it is earned.In a service company, revenue is considered to be earned at the time the service is performed. † Therefore, the definition is that it is only to be recorded when the items sold where the profit can be estimated reliability and when the amount is recoverable. What tells the revenue to be recognized and to ignore when the cash inflows occur is when the account will use the accrual basis of accounting. An example to illustrate revenue recognition principle is when a phone company sells talk time through scratch cars. There is no revenue to recognize when a customer purchased the scratch card.The revenue is recognized when the customer has made the call and actually consumed the talk time. The expense recognition principle is defined in the same chapter as, â€Å"The principle that dictates that companies match efforts (expenses) with results (revenues). † They provide a simple rule to remember as â€Å"Let the expenses follow the revenues. † which would indicate how the expense recognition goes hand and hand with the revenue recognition. To illustrate that, we could say it is sales commission owed to an employee because it is based on the total of a sale.In the same accounting period as the sale, the commission expense is when it should be recorded. At the same time, the sale is recognized and expensed when the cost of inventory is delivered to the customer. That is when the commission expense should be recorded in the same accounting period as the sale. That would be the example of the matching principle is associated with the cause and effect of accounting. Situations That Require Adjusting Journal Entries Adjusting entries are grouped as deferrals and accruals and each has two subgroups. The two categories of deferrals are prepaid expenses and unearned revenue.Prepaid expenses are recorded as assets until they are used or consumed. For example prepaid monthly insurance is recorded as an asset until the coverage has been consumed. Because prepaid expenses expire with time does not require daily adjustments, which would be unrealistic. When preparing financial statements adjusting entries are made to record the expense co nsumed of the prepaid assets and show the remaining amounts in the asset account. Unearned revenue is when cash is received before service is provided, which increases the liability account. For that reason unearned revenue are opposite of prepaid expenses.When a company receives a payment for a future service, it credits liability the unearned revenue account increases. The recognition process occurs during the accounting period where the service was provided. Then the company makes the adjusting entry for the unearned revenue by debiting the liability account and crediting the revenue account. Before the adjustment is made liabilities are overstated and revenue is understated. The second category for adjusting entries is for accruals. Preceding the entry adjustments the revenue account or the expense account are understated.Consequently the entry adjustment for accruals increases the balance sheet and income statement account. Accrued revenue is accumulated revenue that is not rec orded at the statement date because revenue is accrued with passing time, which is impractical to record daily. The adjusting entry records the amount owed to a business at the balance sheet date and the revenue earned in that time. The adjusting entry increases both the revenue account and the asset account. If services provided to client that were not billed will not be recorded.The accrual of unrecorded service account increases accounts receivable, which also increases stockholder equity by increasing revenue account. It would be unethical for a company to backdate sales or accounts receivable to increase revenue and asset accounts to meet a quarter’s target sales. Expenses incurred but not yet paid or recorded at the statement date are called accrued expenses. Adjustments are made to recognize expenses incurred at the current accounting period and record debt that is present at the balance sheet date. Consequently adjusting entry increase expense account and increase lia bility account.Why Adjusting Entries are Important Every business or organization makes adjusting entries in the end of a set accounting period. Adjusting entries are entries made at the end of an accounting period to make certain that the profits and expenditures recognition principles are followed (Kimmel, Weygandt, & Kieso, 2011). Accrual transactions and the purposes of these transactions should be reported when these financial actions occur. These actions should be recorded not only when cash is paid or received but also anytime a financial action takes place.These important concepts in accounting are imperative because they recognize net gains or losses and a business’ financial position can be identified within the accounting period. The preparations of general entries and postings are important and the information added to these journals should be precise and reliable. The truth in numbers is critical, and the information should be calculated exactly. There are numero us reasons regarding why adjusting entries are important. To establish if the accurate value of cost of goods sold and gross profit, adjusting entry of closing stock is needed.To determine the correct value of net profit, adjusting entry of depreciation is needed. Making adjusting entries of advance expenses are essential because after this step is completed an accountant can take away advance expense from expenses collected, and this will be charged in next accounting period when these expenses will be payable. To show the correct amounts due to a third party and to show correct expenses for the accounting period making adjusting entries of outstanding expenses are important. In this entry the accountant must have debit expense and credit outstanding expense for a third party accounted for. ConclusionAs one can see, revenue recognition and expense recognition are important parts of the accounting process of any business. It is also important to understand what situations require a company to adjust their journal entries and why it is so important to do so. With the appropriate accounting techniques and accurate journaling, a company’s financial statements become more accurate and easier for both internal and external users to understand. Not only do accurate financial statements keep a company above suspicion and consequence, but it helps users make informed decisions about that company based on its financial health.Without good decision making based on accurate information, a company will not be able to succeed. References Kimmel, P. D. , Weygandt, J. J. , & Kieso, D. E. ( 2010). Financial accounting: Tools for business decision making (6th ed. ). Hoboken, NJ: John Wiley & Sons. 2011 Financial Principles Explained. Retrieved from http://accountingexplained. com/financial/principles/revenue-recognition Walther, L. (2012) Financial Accounting 2012 Edition. Retrieved from http://www. principlesofaccounting. com/chapter3/chapter3. html sofaccounting. com/ chapter3/chapter3. html

Is music a good tool for health? Essay

According to the article, â€Å" Is Music a Good Tool for Health â€Å", by Elizabeth Scott, hospitals are using music as therapy to treat different illness, such as depression, pain, movement, and even cancer. First, the author states that research shows faster beats helps with concentration and focus, while slower music calms the mind. However, music has a lasting effect on an individual that is positive. Next, she claims that research also shows music therapy can help with breathing, heart rate, and relaxation. Lastly, she mentions that music can be used to control chronic stress and anxious. One Idea that I find significant from the article â€Å" Is Music a Good Tool for Health†, is â€Å" Hospitals are beginning to use music therapy to help with pain management, depression, to promote movement, to calm patients, to ease muscle tension, and other benefits. † In other words, music is beginning to have an important roll for different treatments in hospitals, by helping patients who suffers of different illnesses. One example that supports this idea is when I got pneumonia, two years ago. I had to stay in the hospital for like about two to three weeks, but the idea of staying there for that long was already killing me. The first two days were the worst days of my life, I remember how I didn’t even want to eat, and because of that my defense was going down and down, which was not good at all for my illnesses. However, since I had a studio recording I used to make beats, so I asked my brother to synchronize my iPad with some of the projects I have done it, and bring it to me. Once I got it I downloaded a beats maker application named â€Å" Fruit Loops Mobile â€Å", which I was going to use to work with the projects I had. I started of doing corrections and improvements on my beats, spending almost all the time of my days listening to my music on my iPad. The concentration and dedication I putted to listen to my music every day and make every effect sounds great, walked my mind away into a certain point that I forgot I was not home or I had a disease. The medications I had to take every two hours, the nurse routine of checking my defense every day or having my mother on top of me so I could eat right were not a way to annoy me, as long as I was able to listen to my music I was pleasure to do everything they said. After all, I left the hospital in only 10 days, which was at least 4 days, less than what we all expected. With this personal example, I proved that music therapy does promote benefits to health. In addition, I found that music helps people to keep a stable behavior and stay them away from stress. I remember when I was in the hospital; there was a lady next to my room who suffered of depression. I felt bad for the girl because nobody was coming to visit her; therefore, she was always crying and screaming that nobody loves her. It was a really sad, I felt empathy for her. However, that could not disturb my mind, once I started of listening to music I forgot about the world. It is like if I did not heard the lady screaming or crying, all that remains in my mind were waves of melodies from the songs and beats that I was listening to. It was all about the music. In conclusion, I truly agree with the author that music is an amazing medicinal therapy. I prove this with the two personal experiences I wrote down before. Besides a great method of relaxation, music also promotes good health for any person who consumes it at its best.

Managing A Law Firm Essay Example | Topics and Well Written Essays - 500 words

Managing A Law Firm - Essay Example Strategically located: Most of the time, the structure, location, and appearance of the office makes a lasting impression on potential clients. The law firm should consider the appearance as not â€Å"too intimidating† to clients. It should have a cozy but professional atmosphere which would be inviting and stimulating to conduct business transactions. Appropriately promoted: Several marketing strategies to promote law firms are easily available depending on the budget and the objectives of the firm. The build a good image, the following marketing strategies could be of assistance: â€Å"a. Identification of the firm name and that the firm is a "full service" law firm. b. Publication of articles both in legal and trade magazines. c. Participation by attorneys in positions of authority and leadership in civic, social and religious organizations and bar associations. d. Develop firm stability, public concern, and a sense of paying "civic rent" by financially supporting, or offe ring pro bono services to, worthy community activities as a firm, where appropriate. e. Each member of the firm was sensitized to become increasingly aware of the use of the media. f. Institutionalizing the name of the firm by use of stationery that increases the emphasis on the name and changes the emphasis of listing individual attorney's names by seniority. In the age of technological developments, the internet is suggested as an innovative marketing tool to promote the image of the law firm to a wide range of potential clientele.

How to save money while saving the environment Essay

How to save money while saving the environment - Essay Example Energy crises have struck all around the world, even US is experiencing energy crises due to which tariffs are increasing day by day (Carr 367). Individuals experience a common problem, they have tendency of letting their application and systems that operate on energy remain operational when they are not even in use. Getting a second job to pay your electricity bills is not the solution to this problem. This problem can only be solved if individuals take responsibility of their actions and turn off applications that require electricity while they are not using that application. Another energy crises experienced throughout the world is decrease in the quantity of petroleum and oil. This shortage has been caused due to increase in the number of people who use this energy and due to the appliances that operate on this energy. During winter session people spend thousands of dollars on heaters and heating applications. This does not only cost heavy amount of money to consumers, it even increases negative externalities as these heaters are consuming heavy amount of oil energy. Just by making a small change to lifestyle individuals can save this expenditure. Individuals can replace heaters with sweaters which cost way low than the total cost of using heating equipments. People do not have a habit to turn off appliances that use energy resources. Due to this they fail to save energy even if they want to save it. A good alternative to this issue is the purchase of up to date appliances that switch off automatically when they are not in use or when they have been used for a certain amount of time. These appliances may seem to be quite expensive, but they are only a one time cost and these applications help in saving money and energy over a long period of time. The entire world is experiencing energy crises, energy crises have contributed to increase in concern for both the current and

Nuclear Power Must Not be Phased Out Essay Example | Topics and Well Written Essays - 2750 words

Nuclear Power Must Not be Phased Out - Essay Example The rest is either exaggerated or purely hypothetical. Despite the claims against it and despite the mass appeal of such claims, nuclear power must NOT be phased out for the simple reason that it is one very sustainable source of energy. Nuclear energy remains sustainable because it is an energy source which is almost free from greenhouse emissions and thus will not likely have a great impact on climate change. Anti-nuclear power activists argue that most of nuclear energy comes in the form of fossil fuels and that this will eventually contribute to the greenhouse effect.1 This stems from the fact that fossil fuels, although not a direct source of nuclear energy, is the energy source upon which various stages of nuclear power production are made possible. In fact, electricity is used for various stages of the nuclear process such as uranium enrichment, the building of power plants, and the processing and storage of nuclear waste. Moreover, the idea is that the goal of nuclear fission is still the production of electricity, which is a major source of greenhouse gases.2 All these are believed to generate a â€Å"relatively high† amount of greenhouse gas emissions.... go to the opposite extreme in claiming that nuclear energy is â€Å"the world’s largest source of emission-free energy,† it would suffice to humbly admit that nuclear energy still contributes to the greenhouse effect, but the point is that what it contributes is statistically negligible. Aside from the insignificant amount of emissions from nuclear energy, its sustainability also depends on the idea that its waste products are relatively manageable. Nuclear waste is something that remains dangerous even for thousands of years and that there is always a possibility of contaminating huge areas. Furthermore, it is a cold hard fact that â€Å"there is no completely safe way to store nuclear waste.†6 Moreover, there is no guarantee that research on nuclear waste management will turn out to be successful.7 Admittedly, the issue of nuclear waste disposal is a strong argument against the sustainability of nuclear energy. Nevertheless, the volumes of wastes from fossil fu els are relatively much greater in quantity compared to those produced by nuclear power plants and thus, potential environmental damage is greatly reduced.8 Volume of wastes produced may be a minor issue in the environmental sustainability of nuclear energy but it is not as important compared to the factor of waste management. It may be true that nuclear wastes proves to be a threat to the environment but the nuclear technical community is rather more optimistic in believing that nuclear wastes can be contained or isolated safely until radioactivity cannot anymore harm humans or the environment.9 The solution is research and as of the moment, efforts are being made by governments in order to minimize emissions such as nitrogen oxides and particulate matter.10 The issue of nuclear waste disposal, therefore,

Investigate whether financial conservative policies depend on Dissertation

Investigate whether financial conservative policies depend on financial distress - Dissertation Example The literature review will look at work already done in the area and this along with an analysis of data will be used to arrive at a conclusion. The paper also describes the research methodology that will be used in carrying out the study. Theoretical Framework Central to this investigation is to define trade off and pecking order theories and the terms financial conservatism, financial distress and leverage. A sample of firms that adopts conservative policies as it relates to high levels of cash holdings and low levels of leverage will be identified and data relating to financial conservatism will be analysed. Trade-off theory predicts that when firms face high expected cost of financial distress and/ or attach a rather low value to interest tax shields, then, they will seek to employ conservative financial policies (Minton and Wruck 2001). Pecking order theory predicts that firms use external financing only when internal funds are insufficient to support discretionary expenditures. When internal funds fall short, managers look first to debt financing and only as a last resort do they turn to using equity financing (Myers 1984). Definitions Financial conservatism For the purpose of this study financial conservatism is defined as a persistent financial policy of low leverage and high cash holdings. Financial distress Financial distress is the inability to generate revenue when there are too many debts. Literature Review Iona (2004) Berger et al (1997) suggests that managers tend to make more conservative capital structure decisions when are given the power to use their discretion and are therefore free from disciplinary and monitoring mechanisms. The main motives behind the choice of conservative leverage policies are to reduce the probability of financial distress and bankruptcy and to resist disciplinary actions. Mackie-Mason (1990) used the modified Altman’s (1968) Z-Score to test for the likelihood that a firm will experience financial distress. Simi larly, Helwege and Liang 1996; and Graham (2000) have used this variable in their capital structure studies. They have found the Z-Score coefficient to be consistently positive and significant. This therefore, indicates that financially conservative firms are less likely to face financial distress. Myers (1984) suggests that a firm may seek to maintain slack in the form of reserve borrowing power and target a level of borrowing that lies below its debt capacity. In doing so, the firm can issue safe debt if it needs to avoid any material costs of financial distress. Titman (1984) and Graham (2000) identified industries in which firms are likely to experience significant costs of financial distress. The suggestion is that sensitivity distress results from high levels of on-going relationships with customers which results from warranties, repairs and upgrades associated with the sale of goods in the computer industry, specialty manufacturing industry, the retail industry and the pharma ceutical/biotechnology firms. Minton and Wruck (2001) indicates that three (3) of the four (4) industry classification mentioned above are associated significantly with the probability of being financially conservative. Retail firms are less likely to follow policies of low leverage possibly because of the thinking that real estate serves as good collateral for borrowing purposes. Iona (2004) also

Introduction to managerial accounting slp Assignment

Introduction to managerial accounting slp - Assignment Example With its many stores around the world, considering its chain, 16,120 stores in over 49 countries, over 10,000 stores in the United States, and many other outlets in the rest of the globe makes the company an international coffee powerhouse. The main products are the drip brewed coffee and expresso-based hot coffee drinks. As a good customer of Starbucks coffee products, I took a keen interest to study the company’s managerial accounting analysis in planning and controlling processes. This paper thus looks into how the managerial accounting works for planning and controlling processes in Starbucks. The financial records are the financial agents of any firm in matters concerning accounting management. Using the internal control process, it is true that the internal control of Starbucks over financial reporting includes maintaining records that in reasonable detail accurately and fairly reflect Starbucks’ transactions and give logical assurance that the transactions are recorded as necessary for preparation of our financial statements. Secondly, these managerial accounting principles give some logical facts and assurances that receipts and expenditures are made in accordance with management authorization (Gilligan & Wilson, 2009). Finally, the managerial accounting facts provide reasonable assurance that unauthorized acquisition, use or disposition of company assets that could have a material effect on the Starbucks’ financial statements would be prevented or detected on a timely basis. In analyzing the roles of the managerial accounting in Starbucks, it is important to determine the facts about managerial accounting. According to Maital & Seshadri, (2007), managerial accounting is basically concerned with providing information to personnel within Starbucks’ organization so that they can plan, make decisions, evaluate performance, and control operations. There are no rules and regulations associated with this field since the information is intended solely

The key traits to strong organizational cultures Essay

The key traits to strong organizational cultures - Essay Example gement always has a substantial influence on the corporate culture, and their influence is being proportional to the level they are in the hierarchy (Cameron, Kim & Quinn, n.p). In addition, the managers control the organizational culture varying among the managers due to their different level of training and leadership style. The style in which different managers handle employees also affects the workplace culture. In some organizations, the management permits the employees to make own decisions as well as letting them participate in strategy making. This makes an organization to be results-oriented, employee engagement and effective decision-making, key traits of a strong organizational culture. Such organizational culture allows employees to be close to the management and encourages a long-term relationship with the organization. The leadership style and management style must respect the workers to evade the culture of them working for money only. Furthermore, the organizational culture is also affected by individual working with the organization. Employees have a special way in which they influence the culture of a company. The aspects of the employees that affect the culture include their attitudes, interests, perceptions, mentalities and their process of thinking. For instance, organizations that hire persons from defense background tend to operate in a strict culture where all the employees follow set policies. Incidences of lateness to work rarely happen in such organizations. The employees’ mindset creates the culture of the workplace. The founders and the owners of an organization add the list of important factors that influence organizational culture. Mostly, the founders of an organization develop its philosophy as well as establishing the core fundamental values (Schein, n.p). Additionally, the organization owners can exert considerable influence from more perspectives of the category of the owner. The influence of owners becomes even more profound