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Revivalism Essay Essay Example
Revivalism Essay ââ¬Å"Revivalism is a dependable Afro-Christian otherworldly everyday citizens signifier that developed during the...
Wednesday, December 25, 2019
Why Do Stories Of Androids And Slaves Seem Similar Essay
Why do stories of androids and slaves seem similar? They both fall victim to societyââ¬â¢s unfair, naà ¯ve tendency to classify differences as weaknesses. Our hatred and uneasiness about differences begin in early childhood. A child learns behavior and morality from adults in the community. Normalcy grows from these learned, social norms. Related to the uncanny valley, people who stray from this learned normalcy cause confusion and fear within the masses. Without the understanding of diversity, these differences to an ignorant person represent differences in morality. Caused by confusion of the unknown or the abnormal, societies represented in android and slave narratives believe these differences make them unethical, inferior, and deserving of inhumane treatment. This blatant disregard of their humanity allows society to use androids and slaves for itââ¬â¢s own selfish agenda. When comparing stories of androids and slave narratives, the strife of the abnormal exemplifies the absurdity of normalcy. To fully understand oneââ¬â¢s reaction to the uncanny, learning how one develops the concept of normalcy must take place. Beginning during childhood socialization, a child begins to grasp who they are and how they must act. While watching parents, teachers, and other adult figures interact, children begin to examine and copy their behaviors. Albert Banduraââ¬â¢s Social Learning Theory explains, ââ¬Å"The actions of others can also serve as social cues that influence how others will behave at any givenShow MoreRelatedA Study of Bladerunner Essay2089 Words à |à 9 Pagesbroad. The main things science fiction films have in common are things such as the technology being far superior than today e.g. flying cars and bizarre, otherworldly imagery. However, Bladerunner also has elements of a film noir love story and detective films to set it apart from other science fiction films. Unfortunately, the film failed miserably at the box office, contrary to most peoples expectations. It was not until years later, that the film had such an enormous Read MoreReality and Illusion4098 Words à |à 17 Pagesordeal through the power of his own story telling. He uses it as a way of dealing with the horrific situation he has found himself in. By creating animal characters to replace the humans in the lifeboat he creates a coping mechanism powerful enough to survive. It also allows him to distance himself from the violent side of his own personality. Pi doesnââ¬â¢t see his story telling as lying, just another interpretation of the truth. Turning his situation into a story is a fairly typical for a child, yetRead MoreMetamorphoses Within Frankenstein14861 Words à |à 60 Pagesexample, it is quite simp ly impossible for any one individual to pursue every r eferen ce to ââ¬ËFr ankensteinââ¬â¢ on th e internet in h is or h er lif etime. The forms th ese metamorphoses hav e taken , the degree of familiarity with the origin al story they betray , have varied enormously.3 Still, howev er, they can all be said to have origin ated in Mary Shelleyââ¬â¢s novel of 1818 or its rev ised edition of 1831. In literary cr iticism and literary history, as it h appens, this restless metamorphosisRead MoreDeveloping Management Skills404131 Words à |à 1617 Pagesquestions. â⬠¢ Revised the PowerPoint slides. A MESSAGE TO STUDENTS: Why Focus on Management Skill Development? Given that a ââ¬Å"skill developmentâ⬠course requires more time and effort than a course using the traditional lecture/discussion format, we are sometimes asked this question by students, especially those who have relatively little work experience. Reason #1: It focuses attention on what effective managers actually ââ¬Å"do. â⬠In an influential article, Henry Mintzberg (1975) argued that managementRead MoreManaging Information Technology (7th Edition)239873 Words à |à 960 PagesAirlines CASE STUDY II-3 Norfolk Southern Railway: The Business Intelligence Journey CASE STUDY II-4 Mining Data to Increase State Tax Revenues in California CASE STUDY II-5 The Cliptomaniaâ⠢ Web Store: An E-Tailing Start-up Survival Story CASE STUDY II-6 Rock Island Chocolate Company, Inc.: Building a Social Networking Strategy CASE STUDY III-1 Managing a Systems Development Project at Consumer and Industrial Products, Inc. CASE STUDY III-2 A Make-or-Buy DecisionRead MoreProject Mgmt296381 Words à |à 1186 PagesVollmann Manufacturing Planning Control for Supply Chain Management, Sixth Edition Jacobs and Chase, Operations and Supply Management: The Core, Second Edition Jacobs and Chase Operations and Supply Management, Thirteenth Edition Jacobs and Whybark, Why ERP? First Edition Larson and Gray, Project Management: The Managerial Process, Fifth Edition Leenders, Johnson, Flynn, and Fearon, Purchasing and Supply Management, Thirteenth Edition Nahmias, Production and Operations Analysis, Sixth Edition Olson
Monday, December 16, 2019
Benfords Law And Where It Came From - 1371 Words
Benfordââ¬â¢s Law and where it came from? According to Oxford dictionary, Benfordââ¬â¢s law is the principle that in any large, randomly produced set of natural numbers, such as tables of logarithms or corporate sales statistics, around 30 percent will begin with the digit 1, 18 percent with 2, and so on, with the smallest percentage beginning with 9. The law is applied in analyzing the validity of statistics and financial records. Benfordââ¬â¢s law is a mathematical theory of leading digits that was discovered by American astronomer Simon Newcomb. In 1881 he have noticed, that the pages of logarithms book beginning with number 1 were more worn than pages dealing with higher digits. In comparison to pages starting with 1, they looked more clean and new. He calculated that the probability that a number has any particular non-zero first digit is: P(d)=Log10(1+1/d) Where: d is a number 1,2,3,4,5,6,7,8 or 9 And P is the probability. Using that formula he concluded that all digits donââ¬â¢t appear with equal frequency but number 1 appear as the first digit about 30 % of the time, as supposed to digit 9 that appear less than 5 % of the time. However, he didnââ¬â¢t provide any theoretical explanation for his phenomena he described and it was son forgotten. In 1938, Frank Benford, a physicist, also noticed nonuniform way of digit distribution. He attempted to test his hypothesis by collecting and analyzing his data. After having over 20,000 observations, he noticed that numbers fell into aShow MoreRelatedThe iranian Regime and Dehumanization1282 Words à |à 5 Pagesreformist will not be approved. The 2009 election was between Mir Houssein Mousavi and Mahmoud Ahmadinejad. Mousavi was a reformist candidate. He supported changing the constitution, allowing privately owned television stations as well as changing law enforcement to the responsibility of the president as they are the representation of the people.( Iran Chamber Society Mir Houssein Mousavi: 2009) Ahmadinejad was the conservative candidate being endorsed by the Ayatollah. Ahmadinejadââ¬â¢s platform wasRead MoreReview of The Drunkards Walk - How Randomness Rules Our Lives by Mlodinow 3440 Words à |à 14 Pagesflawed decision making. Lansing had good luck at the beginning and bad luck at the end. Chapter 2 The Laws of Truths and Half-Truths 1. What coined the term probability, or probabilis? (Latin: probabilis credible) Ciceroââ¬â¢s principal legacy in the field of randomness is the term he used, probabilis, which is the origin of the term we employ today. But it is one part of the Roman code of law, the Digest, compiled by Emperor Justinian in the sixth century, that is the first document in which probabilityRead MoreThe And Internal Audit Of Public Sector Essay6738 Words à |à 27 Pages1.0 INTRODUCTION 1.1 Background Over the last several decades, Information Technology has developed from simple data input systems to complex Information Management systems that support managerial decision with relevant, reliable and timely information. This evolution has been characterized as a shift from automated system performing only accounting functions (payroll, accounts payable, general ledger etc.) to Information system that perform enterprise wide tasks that include accounting and auditingRead MoreMba Solved Assignment Papers52670 Words à |à 211 Pagesin the form of discussion and results. Research and development is nowadays of great importance in business as the level of competition, production processes and methods are rapidly increasing. It is of special importance in the field of marketing where companies keep an eagle eye on competitors and customers in order to keep pace with modern trends and analyze the needs, demands and desires of their customers. Unfortunately, research and development are very difficult to manage, since the defining
Sunday, December 8, 2019
How Facebook Becomes the Worldââ¬â¢s Biggest Social Network Platform
Question: Your task in this case analysis is to answer two questions by critically analysing Facebooks history,resources and market situation. What marketing strategy or strategies has Facebook adopted since it was created?What marketing options can you describe for Facebook if it wishes to remain a successful organisation throughout the next decade? Answer: Executive Summary This report aims at highlighting on the organization Facebook Inc. within the market environment of social network. It focuses on the marketing strategies that the company adopted to capture the maximum share possible, along with the tool of strategic partnership. For reflecting upon the marketing strategies of Facebook, some of the applied models are Boston Box, Shells Directional Policy Matrix, and GE Matrix. These strategies enable us to determine the market growth as well as shares acquired by the company. it also reflects upon the latest innovative technologies that have proved even more beneficial for the company. The report ends with a vivid conclusion and at the end it also gives a definite recommendation for Facebook Inc. to enable it to combat all market challenges and lead to successful growth in the future. Introduction Strategic marketing refers to the objective of attaining business growth with increased sales as well as revenue by means of some specific innovative market strategies and techniques. This involves a lot of planning and series of implementation steps and that of monitoring and controlling. With the help of these strategies, business firms attain competitive advantage which allows successful growth in the long run (Abuin, 2014). This report has been developed based on analysis of marketing strategies of Facebook Inc. The main purpose of the report is to understand the relevant marketing strategies applied by the company. This also highlights some of the most effective market strategies that support the company is leading the competitive environment. Company Background Facebook Inc. was incorporated in July 2004 and ever since got heavily engaged in developing products to increase utility for its users, advertisers, and developers. It is said to operate as a social networking organization worldwide. It gives a set of developmental tools as well as application programming interfaces enabling developers to link Facebook with that of web or mobile applications(Banerjee and Dey, 2013). People make use this media to remain connected with the enlarged society and acquire information about the surroundings. This platform may be used by developers to build websites as well as applications which integrate with Facebook for reaching out to the global network of users for developing personalized social products. The company has acquired Mixtent Inc. in March 2013. Ever since then it has been acquiring companies and growing at a tremendous pace. As per records, on December 31, 2013 the company had around a billion monthly active users. It has a strategic partn ership with that of the AXA Group for developing marketing as well as commercial collaboration in the social, digital and mobile sphere. As per the market research of 2013, it reflects that Facebook possesses more than a billion active users during a month(Bhardwaj, Adhikari and Ahuja, 2014). For maintaining popularity as well as improving its brand image, Facebook Inc works cohesively with AXA Group. This group enables the firm to develop its marketing strategy as well as to collaborate with the digital media. Marketing Analysis Facebook Inc. has been focusing on some key aspects since ages. These include products for developers, products for users, and products for advertisers and marketers. The platform of facebook is a set of application programming interfaces which developers may use for building social apps on facebook or integrating the websites with it. In March 2012, more than around nine million applications as well as websites were integrated with Facebook(Ebeid, 2012). Some of these include social plugins, open graph, application on Facebook, mobile applications, payments, desktop applications, and other platform-integrated websites. The open graph is used by the developers for building applications as well as websites which enable to share relevant activities with contacts on Facebook (Majid, 2012). Social plugins refer to those attributes which developers may easily integrate with the websites by implementing a single line HyperText Markup Language code. GE Matrix: It has been argued that this matrix technique enables analysis of the market attractiveness along with that of the competitive strength of the firm. Besides, it has been claimed that GE Matrix is the best way to judge the total strengths of the firms in the competitive market environment. It has been acknowledged that this technique is very useful in analyzing the attractiveness of the firms within the external factors like market growth, market size, segmentation, market entry, barriers, etc (Eid and Hughes, 2011). Facebook Inc. has been recently successful in acquiring the market share of around 25% out of 100% in the market environment of social network. The company is said to acquire multiple strategies like that of post ads within websites, Facebook fan pages which enables users to identify their target audiences as well as gain the exposure of business with respect to brand identity, provides the suitable tool to the people to post useful information like coupon codes, and detail information about newly launched products and associated items in the industry. Boston Box The founder of Boston Consulting Group, Bruce Henderson, had developed an innovative market analysis matrix known as Boston Consulting Group Matrix (BCG Matrix). This analyzing model is an effective tool for helping to understand the current position of the organization within the market environment (Hutton, 2012). From market research it is identified that Facebook Inc is considered to be the market leader within the industry of social networks. So, CG matrix enables identification of extreme high as well as low market shares of Facebook Inc. This is said to have a less rate of market growth of their products. For instance, even since its introduction, the company has hardly made any sort of inauguration within its business(Lauer, 2013). The historical data faces some challenges at its source on account of the recent IPO of the company. as per the external market share, acute resources of the company did not enhance effectively. Although the company holds leading position in the mar ket share of social network, yet it fails to increase its profitability rate as compared to that of its other competitors like My Space, Twitter, Google Plus, etc. Star Ever since the initiation of the social network business, Facebook Inc has been continuously improving its business along with attaining of increased market share. For competing with all competitors, the company has even launched an innovative messenger which allows people to send text messages from mobile to mobile (Raghupathi and Fogel, 2013). It also enables sending of images or videos easily and quite faster than any other means of social networking. Dogs The virtual position of the company within the industry of social networking is the key instance of Dogs. The company has faced many threats while holding niche within the environment of social networking (Ramsaran-Fowdar, 2013). The dogs of the company are quite profitable as compared to others since it supports people to share their ideas, images, videos without any follower. Cash Cow The Company has adopted latest technology like mobile phone application as well as messenger for IOS, android, and others and this is helpful for the company in acquiring increased market share although the rate of market growth is quite low in the utmost competitive market conditions. Question Marks The Company is an innovative one within the life cycle of social network business and is quite different to that of the traditional model of social networking. However, adequate investments may support the company immensely in counteracting its declining business conditions. Strategic Marketing The initiator as well as developers of the Facebook Inc is well aware of the values attached with the leading position of the company in the market. It also understands well about the flaw of IPO. The rate of growth in the mobile industry is tremendously high. So the company needs to understand well the potential revenue required to bring about sustainable growth in the future (Schnack, 2012). Some of the strategies adopted by the company to maintain steady market position are as follows: Maintaining consistent actions The Company needs to exhibit opportunities to create relationship with the potential customers. It is argued that the company provides an effective platform to move customer towards the company rather than any other firm in this industry. Starting out with simple calls to action is considered the best method to create greater fan following within the industrial environment (Waddingham, 2013). Becoming a Content Machine The company needs to deliver effective tools to the developers to make the firm a content machine. It ensures the firm that the content of social network for Facebook Inc has always been empowering, informing, and entertaining. The best strategy for the firm would be to mix up media as well as create innovative content to ensure long tern sustainability. Word of Mouth Policy It is researched that users tend to trust as well as share information through social media to reach out to their friends. Since it is used as an effective platform, the company must strive to improve its page scrutiny. Creating Human Touch Page For achieving increased success, the company needs to create its logo to attract increased people. Effective communication on a continuous basis with that of the users and keeping them updated through proper notification on their personal profile would prove to be an attractive way to seek increased sustainability(Woolley and Peterson, 2012). Promoting direct conversation Facebook Inc must create community to encourage the interaction amidst its users. By encouraging the community for fans, it enables the firm to proceed forward towards high market growth as well as future sustainability. Many ways like that of nominating fan of the week may provide opportunities to engage fans as well as extending its brand value. Conclusion This report successfully highlighted the market strategies implemented by Facebook Inc within the social network environment. The company has been effectively implementing strategies like BCG matrix, Shells Directional Policy Matrix, and GE matrix. With usage of such strategies, it becomes easier for analysts to determine the growth of the company and that to predict the future sustainability of the company (Zhang, Johnston and Shao, 2014). However, to maintain the success rate and recognition, Facebook Inc must integrate multiple strategies of marketing within its operations and other business models. The initiator as well as developers of the Facebook Inc is well aware of the values attached with the leading position of the company in the market. It also understands well about the flaw of IPO. The rate of growth in the mobile industry is tremendously high. So the company needs to understand well the potential revenue required to bring about sustainable growth in the future. References Abuin, N. (2014). Advertising strategies of Spanish advertisers in Social Media The Facebook case.aDResearch ESIC, 009, pp.64-75. Banerjee, N. and Dey, A. (2013). Identifying the Factors Influencing Users Adoption of Social Networking WebsitesA Study on Facebook.IJMS, 5(6). Bhardwaj, P., Adhikari, R. and Ahuja, V. (2014). An Analytical Study of the Facebook Content Management Strategies of Dominos India.International Journal of Customer Relationship Marketing and Management, 5(1), pp.64-78. Ebeid, A. (2012). Does Facebook Matter in Egyptian Graduate Environment? A Marketing Perspective.IJMS, 4(3). Eid, R. and Hughes, E. (2011). Drivers and Barriers to Online Social Networks Usage.International Journal of Online Marketing, 1(1), pp.63-79. Hutton, D. (2012). Facebook Marketing: Designing Your Next Marketing Campaign.Kybernetes, 41(9). Lauer, C. (2013). Praxis-Marketing mit Facebook darauf sollten Sie achten.veterinr spiegel, 22(04), pp.197-199. Majid, A. (2012). Blended Scaffolding Strategies through Facebook to Aid Learning and Improving the Writing Process and Writing Performance.IOSRJHSS, 1(4), pp.36-40. Raghupathi, V. and Fogel, J. (2013). Facebook advertisements and purchase of weight-loss products.Journal of Medical Marketing: Device, Diagnostic and Pharmaceutical Marketing, 13(4), pp.201-211. Ramsaran-Fowdar, R. (2013). The Implications of Facebook Marketing for Organizations.Contemporary Management Research, 9(1), pp.73-84. Schnack, D. (2012). Marketing ber Facebook und Co.Hausarzt, 49(13), pp.58-59. Waddingham, J. (2013). The future of Facebook fundraising.Int. J. Nonprofit Volunt. Sect. Mark., 18(3), pp.187-191. Woolley, P. and Peterson, M. (2012). Efficacy of a Health-Related Facebook Social Network Site on Health-Seeking Behaviors.Social Marketing Quarterly, 18(1), pp.29-39. Zhang, G., Johnston, C. and Shao, C. (2014). A Model for Optimally Promoting Application Diffusion on Facebook.IJMS, 6(4).
Sunday, December 1, 2019
Literary Analysis of No Name Woman free essay sample
A short literary analysis of Maxine Kingstons classic No Name Woman As part of the first generation of Chinese-Americans, Maxine Hong Kingston writes about her struggle to distinguish her cultural identity through an impartial analysis of her aunts denied existence. In No Name Woman, a chapter in her written memoirs, Kingston analyzes the possible reasons behind her disavowed aunts dishonorable pregnancy and her villages subsequent raid upon her household. And with a bold statement that shatters the family restriction to acknowledge the exiled aunt, Kingston states that, she] alone devote pages of paper to her [aunt] With this premeditated declaration, Kingston rebelliously breaks the familys cultural taboo to mention the exiled aunt. Because a strict Chinese culture fails to be practical in American society, Kingston defiantly acknowledges the existence of her aunts life because she understands that her lost Chinese values as imposed by her family parallels her aunts capital crime to her village. We will write a custom essay sample on Literary Analysis of No Name Woman or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This argument would prove that Kingston did not write this chapter in veneration of her aunt, but with the intention to provide insight to her understanding of herself as a Chinese-American woman. Providing proof that Kingston has no intention of venerating her aunt becomes necessary in order to further analyze her true intention behind her stated declaration. The phrase devote pages of paper is evidently used in reference to Kingstons chapter, No Name Woman, in which she states both the story of her aunt and her analysis of it in remembrance of the aunts existence. As well, Kingstons inclusion of the word alone emphasizes that only she has ever committed to her aunts remembrance. Yet to add further meaning to this line, the succeeding and concluding phrase of this sentence states, hough not origamied into houses and clothes. The idea of devoting through origami, an art form of paper folding, is used in Asian cultures as symbolical respect. This phrase therefore rebukes the presumption that Kingston is honoring her unknown aunt through her devotion of writing through understanding the cultural connotation affiliated with her declaration. Whereas Kingston fails to write in honor of her late aunt, Kingston tries to remain impartial of how her aunt arrived to becoming the mother of an illegitimate child. No matter the truth behind the situation, Kingston, like the illagers, understands that her [aunts] infidelity had already harmed the village, that waves of consequences would return unpredictably. Her aunt had broken the roundness of the village, the villagers way of life in which traditional discipline and control enforced the self-supporting village to maintain their balanced dependency. In return, Kingston states that, the villagers punished her [aunt] for acting as if she could have a private life, secret and apart from them. Kingston therefore fully understands that her aunt had attempted to distance herself away from the villagers ay of life possibly on her own will, and through doing so committed an act of treason punishable with severity by those who took offense from her actions. The villagers had punished the aunt because she had taken an unacceptable road that undermined their values Just as Kingstons search for her identity in America questions the Chinese culture imposed upon her. The role that culture plays on Chinese-Americans, when you try to understand what things in you are Chinese, how do you separate what is peculiar to childhood, to poverty, insanities, one family, your mother who marked your growing with stories, from what is Chinese? Through her rhetorical question, Kingston directly states the difficulties to identify and incorporate Chinese culture in American society. She finds herself sacrificing her ancestral culture in order to adapt to American values which remain practical and applicable here in America. In an example which Kingston adapted to that which is desired in American society, she conceded the fact that speaking in an inaudible voice, [she had] tried to turn [herself] American-feminine. Yet the Chinese cultural influence of the past still remained existent within Kingston as it was refreshed from time to time nd expressed in her recollection of the aunts story and the moral conclusions deduced through her mother. Dont humiliate us. You wouldnt like to be forgotten as if you had never been born. The villagers are watchful. Practically through her mothers indoctrination alone, Kingston was shaped throughout her childhood to respect honor, family, and the very Chinese culture itself. Kingstons mother had once told her, you must not tell anyone [about your aunt], and yet in direct defiance, Kingston then devote[s] pages of paper to her [aunt]. Her actions which defy her others strict order are purposely directed through her rebellious intention to do so. Kingston argues that the emigrant generation, which consisted of her mother, had taken their culture with them because those in the emigrant generations who could not reassert brute survival died young and far from home. Yet raising their progeny, they must teach them what they know and understand. Kingston therefore believes that they must try to confuse their offspring as well, who, I suppose, threaten them in similar ways always trying to get things straight, always trying to name the unspeakable. Kingston herself is breaking the roundness that is imbued upon Chinese culture, the balanced dependency that each generation is reliant upon, in order to follow cultural values which remain applicable on American soil. As Kingston alone asserted in her chapter, those of us in the first American generations have had to figure out how the invisible world the emigrants built around our childhoods fits in solid America. More analysis on SparkNotes: http://www. sparknotes. com/lit/womanwarrior/ sectionl . html (Maxine Hong Kingstons short story: No Name Woman in The Woman
Tuesday, November 26, 2019
Wesfarmers
Wesfarmers Introduction Wesfarmers is a cooperative that provides services and products in Australia. The Corporation was established in 1914 (Wesfarmers Limited 2011). The organisation became the largest producers of wheat in 1924. Wesfarmers Cooperative became a limited company in 1940. Wesfarmers products include fertilisers, coal exports, agricultural chemicals, and safety equipment (Wesfarmers Limited 2011).Advertising We will write a custom essay sample on Wesfarmers specifically for you for only $16.05 $11/page Learn More The aims of the organisation include customerââ¬â¢s satisfaction, safety, integrity, efficiency, environmental protection and corporate governance. This report provides a detailed analysis of the financial position of Wesfarmers Corporation. To evaluate the companys stock value, we will study their financial position. Thus, the firmââ¬â¢s, financial performance support its financial growth and shareholders strength. This paper will evalua te five financial performances of Wesfarmers Cooperative. The financial variables include short-term solvency, market-based investment, profitability ratios, efficiency ratios and long-term solvency. As a result, we will evaluate Wesfarmers performance for two financial years. Using Wesfarmers Annual Report 2011, we computed five financial ratios of the organisation. Finally, the financial review will be from 2010 to 2011. Ratios Table1: Short-term solvency ratio 2010 ($m) 2011 ($m) Average ($m) Current ratio 1.23 1.17 1.2 Quick ratio 0.64 0.60 0.62 Cash flow from operations to liabilities 42% 33% 38% To calculate the solvency ratios of Wesfarmers Corporation, we will apply different financial formulas. Current ratio = current assets/current liabilitiesAdvertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Thus, for 2010, 9674/7852 = 1.23 For 2011, 10218/8722 = 1.17 Quick rati o = quick assets/current liabilities Thus, for 2010, = 1640 + 1767 + 1384 + 150 + 75/7852 = 0.64 For 2011, 5231/8722 = 0.60Advertising We will write a custom essay sample on Wesfarmers specifically for you for only $16.05 $11/page Learn More Operating cash flow from operations to current liabilities = operating cash flow/current liabilities Thus, for 2010, 3327/7852 = 42% For 2011, 2917/8722 = 33% Table 2: Efficiency ratios 2010 2011 AverageAdvertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Debit turnover 27 27 27 Average days sales uncollected 14 days 14 days 14 days Inventory turnover 2 3 2.5 Inventory turnover in days 122 days 146 days 134 days Debt turnover = net sales/average debtors Average days sales uncollected = days in years debtorââ¬â¢s turnover Inventory turnover = cost of goods sold/average inventory Inventory turnover in days = days in the year/inventory turnover Thus debtors turnover = 49865/ (1893 + 1767/2) = 27 Average days sales uncollected = 365/25 = 14 days Inventory turnover = 9674/ (4665 + 4658/2) = 2 Inventory turnover days = 365/3 = 122 days Table 3: Profitability ratios 2010 2011 Average Net profit margin 3.3% 3.7% 3.5 Interest cost as a percentage of sales 1.3% 1.5% 1.4 Asset turnover 1.3 1.32 1.31 Return on asset 5.7% 5.53% 5.62 Return of ordinary shareholderââ¬â¢s equity 6.4% 7.7% 7.05 Net profit margin = net profit/sales Interest cost as a percentage of sales = interest expense/ sales Asset turnover = sales/a verage total assets Return on assets = net profit + after tax interest cost/average total assets Return of ordinary shareholderââ¬â¢s equity = net profit ââ¬â preference dividend/ average ordinary shareholderââ¬â¢s equity Thus, for 2010, net profit margin = 1565/49865 = 3.3% Interest cost as a percentage of sales = 650/49202 = 1.3% Asset turnover = 49856/ (39236 +39062/2) = 1.3 Return on asset = 2215/39149 = 5.7% Return of ordinary shareholderââ¬â¢s equity = 1565 0/ (24248 +24694/2) = 6.4% Table 4: Long-term solvency ratios 2010 2011 Average Debt to equity 0.59 0.61 0.6 Debt to total assets 0.37 0.38 0.38 Interest coverage 3.64 3.64 3.64 Cash flow from operations to total liabilities 22.9% 18.8% 20.5 Debt to equity = total liabilities / total shareholderââ¬â¢s equity Debt to total assets = total liabilities /total assets Interest coverage = net profit + income tax + interest / Interest expense Cash flow from operations to total liabilities = operating ca sh flow / total liabilities Thus, for 2010, Debt to equity = 14542/24694 = 0.59 Debt to total assets = 14542/39236 = 0.37 Interest coverage = (1565 + 650 + 149) /650 = 3.64 Cash flow from operations to total liabilities = 3327/14542 = 22.9% Table 5: Market-based ratios 2010 2011 Average Price/Earnings (P/E) 0.18 0.19 0.2 Earnings yield 5.5% 5.23 5.34 Dividend yield 5.54% 5.23 5.3 Net tangible asset backing $0.87 $0.90 0.9 Price/Earnings (P/E) = market price per share/earnings per share Earnings yield = earnings per share/ market price value Dividend yield = dividend per share /market price per share Net tangible asset backing = net tangible asset/ number of ordinary shares issued Thus, for 2010, Price/ Earnings = 24.48/135 = 0.18 Earnings yield = 135/24.48 = 5.5% Dividend yield = 135.7/24.48 = 5.54% Net tangible asset backing = 24694 4328/23286 = $0.87 Evaluation Short-term solvency ratios Short-term solvency ratios describe a firms ability to offset debts and loans. Th us, a firms capacity to withstand financial distress is called short-term solvency (AccountingExplained.com 2013). The features of short-term solvency include cash flow from operations, quick ratio, and current ratio. In 2010, Wesfarmers current ratio was 1.2. By implication, the firmââ¬â¢s current ratio describes the Wesfarmers ability to cover the short-term financial distress. As a result, the firm can offset 1.2 times its liabilities. However, the current ratio dropped in 2011. As a result, the firms obligation to repay short-term liabilities dropped from 1.23 to 1.17. Wesfarmers quick ratio was 0.64 in 2010. Quick ratio describes a firms cash reserves and assets. As a result, the organisation can repay sixty four percent of its liabilities. However, the firms quick ratio dropped to 0.60 in 2011. Cash flow from operations to liabilities describes a firmââ¬â¢s ability to repay debt using operating cash flows (Anderson 2013). Wesfarmers cash flow was 42 and 33 percent in 201 0 and 2011 respectively. The ratio revealed that the firm can generate cash to pay short-term liabilities. As a result, investors will be willing to become shareholders. Efficiency ratios Wesfarmers receivables can be measured by its efficiency ratio. Thus, efficiency ratio describes the firms turnover on assets and liabilities. Wesfarmers debtorââ¬â¢s turnover stood at 27 days in 2010 and 2011. By implication, the firmââ¬â¢s debt collection takes longer time. However, its average sale uncollected was 14 days. Thus, the firms capacity to collect the debtors account was 14 days. However, its inventory turnover rose from 2 to 3 in 2011. By implication, the firmââ¬â¢s investments increased with inventories (The Brandow Company 2012). Wesfarmers turnover in days describes the number of days to sell its inventories. The firms turnover in days dropped from 122 to 146 in 2011. Profitability ratios Net profit margin describes a firmââ¬â¢s capacity to generate revenue after inter est payment (Small Business Development Corporation 2012). Wesfarmers net profit margin increased from 3.3 percent in 2010 to 3.7 percent in 2011. As a result, the firms internal sales increased by 1 percent. The firmââ¬â¢s interest cost as a percentage of sales rose from 1.3 to 1.5 percent. By implication, the firms cost of interest describes its stability and profitability. Wesfarmers asset turnover shows no sign of increase in 2011. The firms average industry was 1.31, which indicates its efficiency in asset turnover. Return on assets marginally dropped from 5.7 to 5.53 in 2011. By implication, market trends, inflation, and depreciation influenced the firms return on assets. Wesfarmers return of ordinary shareholders equity rose from 6.4 to 7.7 percent. Thus, the firms operating performance was significant in 2011. Long-term solvency ratios Long-term solvency describes a firms obligation to offset loans (Mike-Bazley 2013). However, the repayment covers a longer period than sho rt-term solvency. Wesfarmers debt to equity ratio rose from 0.59 to 0.61 in 2011. The ratio describes the connection between equity and debt financing (Peavier 2012). However, the firmââ¬â¢s debt to total assets did not increase in 2011. Wesfarmers average industry was 0.38 in 2011. The ratio describes the portion of assets that cover debt financing. Wesfarmers interest coverage stood at 3.64 in 2010 and 2011. As a result, the firms total liabilities increased from 14,542 to 15, 485 million dollars in 2011. However, the firms cash flow from operations to total liabilities dropped from 22.9 to 18.8 percent. Thus, the firms asset utilisation and savings will improve its net assets. Market-based ratios The market value of an organisation is determined by its market-based ratios (Morningstar, Inc. 2013). Wesfarmers price per earnings rose from 0.18 to 0.19 in 2011. Thus, the stock price reveals the firmââ¬â¢s market value. Asset allocations are determined by the firms earnings yie ld. As a result, Wesfarmers earnings yield over a 12 year period dropped to 5.23 percent in 2011. The firmââ¬â¢s dividend yield dropped from 5.54 to 5.23 in 2011. However, its net tangible asset backing rose from 0.87 to 0.90 in 2011. As a result, the firmââ¬â¢s net worth was 25,329 million dollars in 2011. The ratio reveals that Wesfarmers stock value will remain constant during the next fiscal year. Conclusions The paper analysed various financial ratios of Wesfarmers Corporation. The financial performance and standings described the firmââ¬â¢s liabilities, assets, equity, and market value. Sale of goods at Wesfarmers organisation rose from 49,865 to 52891 million in 2011. As a result, the firms market value increased from 27.48 to 31.85. The firms total assets and liabilities were 40,814 and 15,485 million dollars in 2011. Wesfarmers net asset was increased to 25,329 million dollars in 2011. As a result, the firmââ¬â¢s financial performance increased marginally in 201 1. Thus, investors can utilise the market indicators to forecast the strength of the organisation. Consequently, economic analysts can compare the firms value with its competitors using its financial performance. References AccountingExplained.com: financial accounting 2013, http://accountingexplained.com/financial/. Anderson, R 2013, Financial Management Study Guide. 5th edn, Chifley Business, South Melbourne. Mike-Bazley, H 2013, Contemporary Accounting. 8th edn, Cengage Learning: South Melbourne Australia. Morningstar, Inc.: morningstars take 2013, http://quotes.morningstar.com/stock/ocldy/s?t=OCLDY. Peavier, R 2012, Financial Ratio Analysis Tutorial 101, http://bizfinance.about.com/od/yourfinancialposition/ss/financial-ratio-analysis-tutorial- 101. htm. Small Business Development Corporation: balance sheets 2012, smallbusiness.wa.gov.au/understanding-balance-sheets/. The Brandow Company: industry income-expense statements, 2012, bizstats.com/corporation-industry-financials/manuf acturing-31/chemicalmanufacturing- 325/other-chemical-product-and-preparations-325905/show. Wesfarmers Limited: Wesfarmers annual report 2011, wesresources.com.au/sites/default/files/publications/2011%20Annual%20Report_Main%20Body%20pages%201_65.pdf.
Friday, November 22, 2019
50 Writing Topics on Classification
50 Writing Topics on Classification Classification allows writers to assemble thoughts in an organized manner, especially when writers block may strike. It is particularly useful in identifying and illustrating different types, varieties, and methods. Classification piecesà can become essays or articles in themselves, or they can also be useful as prewriting exercises for something longer, such as exploring a character being developed for a fiction piece. While classification has been used...as a method for organizing essays and paragraphs, classification and otherà traditionalà methods of organization [also]à have come to be used as tools of invention, of systematically exploring subjects in order to develop ideas for an essay. - David Sabrio Prewriting: Brainstorming Making stream-of-consciousness lists can be a useful way to explore a topic. Dont let yourself pause for a few minutes, just writeà down whatever comes into your head about the topic. Dont censorà yourself, either, as tangents may come in handy asà surprising details to include or lead you down a path to a discovery that you may not have found otherwise.à If you prefer visuals, use the mind map method where you write the topic in the middle of the page and connect concepts to it and whatever else you write down, radiating outward. These types of prewriting exercises get your brain working on the topic so you have less to fear from that empty whiteà page, andà the prewriting can be a resource to mine at times when you might feel stuck for a direction. Having a scraps documentà can also help you store paragraphs or turns of phraseà that you like but dont really fit- it feels better to relocate them rather than just delete them- whenà you realize thatà getting them out of your draft file helps you move forward with the piece overall.à Classification Paragraph Start your classification paragraph with a topic sentence to let the reader know what the paragraph will be about. This will likely include a list of the items you are classifying. Follow up with sentences that show how the items in the group are similar, how they differ or give some kind of exposition about how they are used or are observed. Finish with a concluding sentence. If the paragraph is intended to be the introduction to an essay, make sure there is a smooth transition into the main body of the essay. Classification Essay When broadening a piece into a classification essay use the classification paragraph mentioned above as an introductory paragraph. Add three or more body paragraphs. Each of these will take a different category and explore its strengths and weaknesses. Finally, a conclusion paragraph will summarize the body paragraphs, and perhaps make a judgment over which is the better option. Classification Speech A classification speech is different than a paragraph or essay. In such a talk, the speaker is likely looking for ways to tell an audience something in an organized manner. Rotary advises its members to give such speeches as ways to introduce themselves to fellow members. Some of its advice for organizing thoughts: Why you chose your business or professionParts of your job you find most rewarding and most difficultAdvice you would give those entering your career 50 Topic Suggestions These 50à topicà suggestions should help you discover a subject that particularly interestsà you. If 50 isnt enough, try 400 Writing Topics. Students in a libraryà RoommatesHobbiesMusic on your phone or MP3 playerStudy habitsStand-up comediansSelf-centered peopleOnline educational resourcesGardenersDrivers in a traffic jamReality shows on televisionSales clerksFictional detectivesRoad tripsDancing stylesVideo gamesCustomers at your workplaceWays of boring peopleCheatersShoppersRides at an amusement parkFirst datesVideos on YouTubeStores in the mallPeople waiting in lineChurchgoersAttitudes toward exercisingReasons for attending (or not attending) collegeBaseball pitchers, football quarterbacks, or soccer goaliesStyles of eating in the cafeteriaWays of saving moneyTalk-show hostsVacationsMethods of studying for a final examinationFriendsComediansWays of quitting smokingAttitudes toward moneyTelevision comediesDietsSports fansOn-campus jobs for studentsWays of coping with a coldNote-taking strategiesAttitudes toward tipping in restaurantsPolitical activistsPortable music playersDifferent uses of social networking sites (s uch as Facebook and Twitter) High school teachers or college professorsWays of protecting the environment Model Paragraphs and Essays Some examples to get some inspiration on the form: Draft Classification Essay: Types of ShoppersE.B. Whites New YorkOf Studies by Francis BaconConversation by Samuel Johnson Sources Sabrio, David. The Encyclopedia of Rhetoric and Composition. Collins, Christopher, executive editor, Oxford University Press, Oxford, New York, 1996.How to Prepare a Rotary Classification Talk https://www.rotaryroom711.org/portfolio/how-to-prepare-a-rotary-classification-talk-presentation/
Thursday, November 21, 2019
Changes in Network Structure and Ownership of US Broadcast Television Case Study
Changes in Network Structure and Ownership of US Broadcast Television - Case Study Example The site inspection conducted on 3 selected venues at London Hilton, the London Park Lane and the International Continental Hotel, Park Lane and the key issues involved in hiring a particular venue are elaborated. Further, these 3 venues are compared and analysed for the suitability of choosing a specific venue to stage the event. The wedding day is one the most memorable moment in a girl's life. Therefore, it is the aspiration of every girl to celebrate it in a unique, memorable and fascinating way. The bride and the group want to celebrate this wedding in a secular way as none of them has any religious background. After discussing various ideas as to how this event should be celebrated, it is decided to do a 1920's themed wedding so as to impress the attendees with a different and unique experience in which the food, the d'cor, the flower arrangements and the dress have typical elements to mark it an 'poque. They want to celebrate their commitment and share this beautiful day with their friends and family. The attendees being in the range of 30-70 of age are encouraged to be highly appreciated for their formal dress according to the occasion. The style of the themed wedding is formal and emphasis is laid on elegance, sophistication and grandeur of the 1920's. The attendees coming from abroad are accommodated in a 5 star hotel.. 3. Venue selection process Over the past 10 years the demand from the private and public sector to hold the sports and festival events has been increased. Consequently, the venues have to be selected according to the demand and nature of the festival to accommodate and entertain the attendees. Monroe (2006) describes two types of venue verities available; the standard type venues like hotels, conference centres and restaurants, and the non-standard venues, built for other purpose than staging events, like museums, stadiums and parks. There are also unique venues like airports, hangers and historical sites etc. He further highlights the advantages of the purpose-built venues as they are cost-effective and usually provide most of the standard requirements, while the non-standard venues have limited services to offer to their customers, hence, the manager of the event has to work around with what is available (Monroe, 2006). Finding a suitable cost-effective venue is a constant challenge for the event organizer (Confex 2007). London Launch reveals there are more and more venues that see potential to increase their revenue by hiring buildings out for special events. In London alone, there are more than thousand of venues available to cater for all types of events. Yeoman et at (2006) is of the view that the venue selection process is one the most important element for staging an event as the success or failure depends solely on its right selection. Therefore, the following aspects should be given due consideration before selecting a venue. Does the venue match with the selected theme' What is the capacity of the venue' Is the venue accessible' What facilities does the venue offer' What is the price and what is included' What is the availability perspective' What is the venue's reputation'
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