Thursday, October 17, 2019

Fiancial Information for managers Coursework Example | Topics and Well Written Essays - 1000 words

Fiancial Information for managers - Coursework Example The four financial statements are the income statement, balance sheet, the statement of retained earnings, and the statement of cash flow. The purpose of this paper is analyze and describe how managers can utilize ratio analysis to analyze the financial results of an enterprise. Managers can utilize the data contained in the financial statements to perform analysis of the financial state of the company. A technique that can be used by managers to analyze the financial performance of a corporation is ratio analysis. Ratio analysis involves using financial formulas that utilize whose inputs are data retrieved from the financial statements of the company. There are different categories of financial ratios. Two of those categories are liquidity, profitability, and financial leverage ratios. In order to illustrate the value of ratio analysis this paper includes a ratio analysis of Marney Ltd. Appendix A shows financial ratios corresponding to the fiscal years 2008 and 2009. The ratios that are included in the analysis are gross profit margin, operating profit margin, current ratio, acid test ratios, average sales period, and average settlement period for account receivables. The gross margin of a company is calculated by dividing net profit by sales (net income / sales). Managers should seek a high gross margin metric. Firms that have low gross margin are not attractive common stock investments because its profitability is poor and the firm may run the danger of ending up with negative net margins. Gross margin is considered a ratio of broad profitability (Garrison & Noreen, 2003). The gross margin of Marney Ltd in 2008 was 46.3%. The gross margin figure of the company is good. In the following year the gross margin of the company was 41.4%. The movement in gross margin of the company from one year to the other was a reduction in gross margin of 4.9%. A reduction in gross margin is a bad sign. The reduction in gross margin could have occurred due to higher

Civil Rights & Civil Liberties Essay Example | Topics and Well Written Essays - 500 words

Civil Rights & Civil Liberties - Essay Example In this case, political rights are lined up with other civil rights and liberty Civil rights in America are enshrined in the Civil Act of 1964. The Act was enacted during the presidency of John Kennedy, who rose to power in the year 1960. A large number of contemporary have a bill of rights or a constitutional document that seeks and enumerate to guarantee civil rights. In the united state of America, several constitutional amendments have been effected to ensure that every person enjoys civil rights to unlimited levels. In addition, additional clauses have been enacted to the 1964 Act to ensure that the government of the day does not undermine them (Baker, Thomas, 2006). During the 2008 run-off for presidential elections, the then senator for Illinois delivered a highly spirited campaign speech that was full of charming promises. Political analysts declared that should the pledges embedded in the speech be actualized, the Americans would experience excellent political and economic atmosphere. In the speech, commonly known as ‘’a more perfect union’’, Obama explained the electorates the steps he would take to reduce the poverty index in the united state of America. To eliminate the gap between the poor and the rich, Obama outlined the tax measures that his government would implement. The policy would exempt the poor from bearing tax burden, and hence more income would be available for their use (Baker, Thomas, 2006). Concerning the war in Iraq, the then-senator advocated for immediate withdraw of American troops. In his speech, he asserted that a long lasting solution would be established through consultative engagements, not through military operation. In addition, Obama promised good working condition for all workers and increased social security for retiree. Furthermore, he promised to improve the economy so as to cut down on unemployment and reformed heath sector. To a large extent, the

Wednesday, October 16, 2019

Fiancial Information for managers Coursework Example | Topics and Well Written Essays - 1000 words

Fiancial Information for managers - Coursework Example The four financial statements are the income statement, balance sheet, the statement of retained earnings, and the statement of cash flow. The purpose of this paper is analyze and describe how managers can utilize ratio analysis to analyze the financial results of an enterprise. Managers can utilize the data contained in the financial statements to perform analysis of the financial state of the company. A technique that can be used by managers to analyze the financial performance of a corporation is ratio analysis. Ratio analysis involves using financial formulas that utilize whose inputs are data retrieved from the financial statements of the company. There are different categories of financial ratios. Two of those categories are liquidity, profitability, and financial leverage ratios. In order to illustrate the value of ratio analysis this paper includes a ratio analysis of Marney Ltd. Appendix A shows financial ratios corresponding to the fiscal years 2008 and 2009. The ratios that are included in the analysis are gross profit margin, operating profit margin, current ratio, acid test ratios, average sales period, and average settlement period for account receivables. The gross margin of a company is calculated by dividing net profit by sales (net income / sales). Managers should seek a high gross margin metric. Firms that have low gross margin are not attractive common stock investments because its profitability is poor and the firm may run the danger of ending up with negative net margins. Gross margin is considered a ratio of broad profitability (Garrison & Noreen, 2003). The gross margin of Marney Ltd in 2008 was 46.3%. The gross margin figure of the company is good. In the following year the gross margin of the company was 41.4%. The movement in gross margin of the company from one year to the other was a reduction in gross margin of 4.9%. A reduction in gross margin is a bad sign. The reduction in gross margin could have occurred due to higher

Tuesday, October 15, 2019

3 Iron korean movie summary Essay Example | Topics and Well Written Essays - 250 words

3 Iron korean movie summary - Essay Example One day, Tae-suk sneaked into a house which had numerous photos of a beautiful model, adorning its walls. In the house he eats, then washes up and does some repairs. During this process Tae-Suk realizes that, he is being watched by the owner of the house who is a woman. The woman is Sun-hwa (Lee Seung-yeaon), and Tae-suk quickly recognizes that she is the model appearing in the photos adorning the walls of the house. With a closer look, Tae-suk realizes that Sun-hwa is badly bruised and suspects that it is all as a result of domestic violence. Tae-suk’s suspicions are confirmed when he returns home later that evening and finds Sun-hwa being slapped around by her husband Min-Kyo (GweonHyeok-ho). This makes Tae-suk angry as he impulsively bursts into the house and grabs a golf-club, and then uses it to beat up Min-kyo. Moments later Tae-suk elopes with Sun-hwa as they ride on his scooter. Sun-hwa silently joins in him in his existence as squatter which eventually blossoms into a love

Monday, October 14, 2019

Single parenting households Essay Example for Free

Single parenting households Essay Single-parent families in todays society have their share of daily struggles and long-term disadvantages. The issues of expensive day care, shortage of quality time with children, balance of work and home duties, and economic struggle are among the seemingly endless problems these families must solve. As a subject for my photographic essay, I illustrate the concept of the single-family and their corresponding struggles with daily life. As many single-parent households are female-headed, their economic burden is much greater than that of a single-father family. This issue results from the fact that single women typically do not earn the same income as a single man; thus, there is a consequent economic struggle not experienced in the single-father household. An offshoot of this economic struggle is the balance of work and family duties. Single mothers often must work overtime shifts to compensate for the low salaries, thus taking time away from their children and other domestic chores. This results in a child that is home alone, without adult supervision, or placed in a daycare service for up to 8-10 hours per day. Government subsidized daycare is not yet a realized dream, and many single mothers pay large fees for this service. Also included in this essay is an illustration of the perspectives on child adjustment following a divorce. The photographs incorporate the parental loss, parental adjustment, parental conflict and economic hardships outlined in Newman and Grauerholz (2002). I expect my finished essay to evoke a well-founded respect for single-parent households and enhance a general understanding of the circumstances inherent therein. Two parents are always better than one according to the parental loss perspective. In a two-earner family, one parent may be able to stay at home with the children. But in a single-parent family, the parent rarely has the option of staying home to care for children full-time. Finding affordable, available childcare is likely to be a challenge. According to the parental conflict perspective, children suffer from witnessing spousal abuse. The parental adjustment perspective suggests that children in single parent families suffer because their parents have difficulty adjusting and functioning. According to the economic hardship perspective, children suffer from lower incomes more common among* single-parent families. Children in single-mother households are especially vulnerable because women tend to earn lower pay.

Sunday, October 13, 2019

Morrisons ASDA

Morrisons ASDA Comparative strategies employed by giant supermarkets in the UK- A critical comparative study Introduction: Morrisons ASDA are the 2 giant leading supermarkets in London. They obtained wide popularity with their products services in UK market. This perspective study will be focusing on the analytical review of the strategies adopted by them in the business process. It will intend to make comparison of their strategic norms in the business with in depth examination comparative analysis to arrive at the suitable conclusions recommendations for their regular business policies. Morrisons is the 4th largest supermarket chain in UK It is having 11.5% share of the grocery sector in UK It is established in 382 superstores serving around 10 million shoppers in a week. Its business strategy is customer oriented focusing on selling groceries at the lower prices. Its establishments dealing only in the large superstores. It does not offer its customers an online shopping service it has not yet arrived in the financial services market. ASDA is too one of the leading supermarket in London, it is a part of the Wal-Mart family. They committed to provide services to their customer in the bright welcome environment. They strategically aimed to offer excellent standard of the customer service based on the customer service programme giving the right staff training to fulfil the needs of the customers. Varieties of products of the different brands are offered by ASDA in their superstores to achieve the customer satisfaction. Research Questions: This academic study will be purely focusing on the market strategies adopted by the leading supermarkets in their business processes. On going for the analytical review following are some of the research questions raised in my mind 1] What is the area of the business development of Morrison ASDA in UK? 2] What are the strategies adopted by Morrison ASDA for the growth expansion of their business activity in UK? 3] What are the suitable, feasible acceptable tools for their strategic analysis comparison in the business? 4] What are the comparative advantages of their strategies, policies in the business in UK? Research has been undertaken with the directions of all the subjective analysis in depth. Literature Review: Central issue behind this study analysis will be to make analysis of the recent strategies adopted by both of these supermarkets for their business development in UK to suggest them further improvements for their expansion in the area of activity in UK based on the detailed study. Martin Headen his associates has done analytical study on this topic in Jan 2009 which is purely focused on the Market Development of the ASDA Morrison in comparative analysis. They clearly stated that â€Å"Morrison is the supreme dealer of groceries in an international market seeking their promotion of sales services throughout the world, It has derived its rank with their optimum capability face to face contracts in door presentation for achieving the customer satisfaction, they are having the boom technology in the business planning premises† In the technical analysis of ASDA business strategy it has been stated in their perspective study as â€Å" 15.6 % of the grocery market is controlle d by ASDA in UK ,it is only a supermarket based petrol retailer to react a Safeways promotion, it swiftly cut its prices 0.8p per litre† [Martin et.al,2009] In his opinions given by a retail analyst he stated that â€Å"Price can make customer switch temporarily to a competitor, but it is not enough to make them stay. If the price is the only factor grocery shoppers considered, then Aldi would win every time, yet the budget chain has a UK market share of just 1.7%† [Fredric,2008] It is showing that price comparison is an important factor pointed out in this research journal for making the comparison of the strategies adopted by the supermarkets. However, it is aiming to find out that only the price is not to be treated as the sole successor for the market analysis, even for the increasing level of quality of the product in the stores price is considered to be subsidiary with in the limit of the budgets of the customers. In many cases for purchasing of the qualitative products customer prefers to spend excess above the budget, it is therefore strategic aim of the supermarkets is not always price based rather it is quality based in the product development. In the studies done by Antony Marric in his research analysis in sept.2009 he had given focus on the sustainable marketing strategies of the business developments adopted by supermarkets in Uk.He had analysed the related factors coming in the background of the research towards the porters 5 forces as a business strategy tool. He focused on the buyers power, suppliers power, market rivalry, threat of new entrants entry barriers with their inter relative impacts on each othe r in the process of the strategic business development. In his literature he has written that the â€Å" Sustainable Marketing strategy is based on the four P,s which are Price,Product,Place,Promotion the four Es which are Economy,Ecology,Ethnology,Ethics.† [Antony,2009] Antonys study purely focused on the scientific marketing strategies of the supermarkets in their business developments. It has been studied from the perspective of the customer orientation as well as the seller orientation in the market analysis. Economy is related to the cost control in the business ,Ecology is the interdisciplinary scientific study of the business interactions between the business organisms their impact on their environment analysis, Ethnology is an analytical comparisons of the origins ,distribution,technology,language,religion with that the social structure of the ethnic ,racial national divisions of the humanity where as Ethics are the benchmarks of the standard, rational code of cond ucts of the business which can be helpful for the survival stability of the business in the Market. Especially in ASDA Morrison there are extensive researches developments in the products to absorb the new customers in the market† [Henry,2009] In his scientific analysis Henry precisely focused on the socio cultural influences of the people leaving in the society on the food retailing .Now there are changes in the quality of the food products in Uk,Desire of the exotic fruits, fish in the past trends has gone now changed in the healthier food in the attractive packages suitable in the environmental scanning. He focused on the developments in the 21st century about the customer appearances towards the acceptability of the food products so far it has been closely impacted on the strategy of the appearance of the saleable product of the supermarkets. He also focuses on the changing habits of the customers changing habits of the customers towards eating food in this trend of the new culture how the supermarkets responded to the consumer preferences to stabilise their activity in the market. â€Å" Every supermarket has its own implemented strategy ,ASDA is the lowest price offers the cheapest one among all the supermarkets in UK which is closely followed by the Morrison , However it is having different impacts on the consumer behaviour might be due to the brand identity of the products sold in the both supermarkets.† [Peter,2008] The norm of study of Peter clearly pre-screened towards the view of the strategic development of the supermarkets in UK,it is based on the price fixation of the products in the supermarkets its relative impact on the consumer preferences their psychology towards accepting the products. He also stresses on the brand identity of the products which are sold by the supermarkets. Methodology: Methods will be used for the proposed study, will be based on the pure analytical trend of the supermarkets strategy in their area of activity of the business. The process will be divided into 3 aspects of the research. The proposed study is giving importance to the systematic exploratory research based on the survey ,observations analytical review. The research will be prepared in the aiming at the perspective direction of the users towards the suitable, feasible acceptable planning decision-making. It is appropriate to choose the exploratory research to focus in depth on the competitive strategies of the supermarkets for their business development in the emergent market.Survey is important to guess the impact of the strategies developed applied by the supermarkets on the consumer behaviour,Analytical review is to pre-screening the implications of the strategic management of the supermarkets based on the responses given by the consumers. Data Gathering Primary data will be gathered with the regular visits in the supermarkets at the periodical intervals. Data will be collected with conducting the regular interviews of the working persons in the supermarkets about their policies strategies in the expansion of the business. Why do interviews with workers offer policy insights? Observations on the consumer preferences information about impacts of the business strategies adopted by the supermarkets will be gathered. Observations can be helpful to make analysis of the changes in the consumer behavioural patterns their buying behaviour towards the policies implemented by the supermarkets. Survey of the potential customers with getting replies from them through customers will be gathered to gather data about the consumer responses. Secondary data will be collected from the journals,brouchers,product magazines of the supermarkets. Secondary data will be collected to know about the average consumer opinion about the products services liv ing in a particular area.It can give the consumer preferences as per the living area,age group along with the trends in the market. Data Analysis Qualitative quantitative data will be analysed to arrive at the validate conclusions. Grounded theory will be used in the analytical comparisons of the supermarkets. For the statistical analysis of the quantitative measurements Statistical Package of Social Sciences [SPSS] will be used to make the perspective analysis of the gathered data. Data will be analysed in the Strenths, Weaknesses, and Opportunities Threats to study the potential norms of the strategies adopted by the supermarkets with their impact on the business policy developments. Strategic norms in the business can be assessed with clubbing of the advantageous disadvantageous factors along with the internal external factors in the business. Study will be analysed in the cause effect relationships of the facts circumstances of the business developmental strategy in the supermarkets. How the circumstances leading to or caused to the potential effects in the business will be perspective analysed in the cut throat com petition the comparative academics. Statistical Techniques of Mean,Mode,Median,Standard Deviation,Range,Chi-square test, Co-relation, integration will be used wherever necessary in the statistical strategic comparisons. Data Presentation: The structured data will be presented in charts, diagrams ,histograms, graphs to make precise focus of the study towards the analytical review desired topic to obtain readers attention towards the research study analysis. Statistical measurements will be presented in the bar charts to have an in depth focus on the result orientation of the study with the suitability for attention understandibility of the user. Conclusion: The determined research study is an analytical view of the comparison of the business strategies of the 2 leading giant supermarkets in London.ie ASDA Morrison etc. The study will give precise focus on the implementation of the strategic tools in their business processes for the comparative study. It will be pre-screening their norms of the business development in terms of the area of operations along with their ideas prospective for the growth expansion of their business activity in the competitive UK market. Along with the tools of the strategic analysis it will be focusing on the merits demerits of the recent strategies of supermarkets with their complementary impact on the consumer behaviour in the Market. Even quantitative analysis will be done through the help of the statistical measures to arrive at the efficient, effective realistic findings of the academic research work. References: 1] Martin et.al,(2009),Research in Supermarkets,7 th edition, Boycott 2]Misher,F.(2008),Price Discrimination in Supermarkets, Toronto books 3]Ganguly,A.(2009),Strategic Marketing in Supermarkets, Tools Analysis of Business Strategies, 3rd edition, Sudan county publishers. 4]Adorten,H.(2009),Business Development in Supermarkets,1st edition,Antop Hill (ISBN14567512) 5]Disuza,P.(2008), Rationals of the Business strategy,2nd edition,Waffer

Saturday, October 12, 2019

Psychological Damage Inflicted by the Residential School System Essay

First Nations children suffered many forms of abuse at the hands of the Canadian Government (Oh, Canada!) under the guise of residential schools. The purposes of the residential schools were to remove First Nations children from the influence of their families and cultures, and to intergrade them into the dominant culture (The Residential School System). This was done under the assumption that First Nations culture was lesser, â€Å"to kill the Indian in the child† as it was commonly said. The children were forcibly separated from their families to live in year-round schools where they were taught â€Å"white man† curriculum, with a two-month vacation time, completely separated from their Aboriginal heritage and forbidden from speaking their own languages (The Residential School System). If these rules, along with many others, were broken the punishments were severe (Oh, Canada!). Residential school survivors spoke of their horrible abuse during their time at the school s, including: sexual, physical and psychological (The Psychological and Intergenerational Impacts of the Indian Residential School System). The students received an inferior education, usually only taught up to grade five, training them for manual labor jobs (The Residential School System). The residential school system undermined First Nations culture and disrupted families for generations, leaving severe psychological damage in not only the survivors but also their families and the following generations (The Psychological and Intergenerational Impacts of the Indian Residential School System). Many students grew up without experiencing a family life, never gaining the experience and knowledge necessary to raise a family of their own. The effects of the schools were far reac... ...Jonathan Dewar, and Glen Lowry. Ottawa, Ont.: Aboriginal Healing Foundation, 2012. Print. "Oh, Canada!" Cultural Survival. N.p., n.d. Web. 15 Mar. 2014. Brasfield, C. â€Å"Residential school syndrome.† BC Medical Journal. Vol 43(2), March 2001. Pp. 78-81 Rita Flamand. Speaking My Truth: Reflections on Reconciliation & Residential School. Ed. Shelagh Rogers, Mike DeGagnà ©, Jonathan Dewar, and Glen Lowry. Ottawa, Ont.: Aboriginal Healing Foundation, 2006. Print. "The Psychological and Intergenerational Impacts of the Indian Residential School System." Indian Residential Schools Commemoration Project. Anishinabek Nation, n.d. Web. 15 Mar. 2014. "The Residential School System." Indigenous Foundations. N.p., n.d. Web. 15 Mar. 2014. Walker, Julian. "The Indian Residential Schools Truth and Reconciliation Commission." Parliament of Canada. N.p., 11 Feb. 2009. Web. 16 Mar. 2014.