Time I Experienced Failure

When i was in 9th grade I almost failed my history class and I was concerned about my gpa as well. Coming into 9th grade I thought it was going to be really easy in 9th grade but I think the real problem was that I was not focused At that time i really didn’t know what gpa was and when i got to 10th grade after the first marking period i had a 3. 0 gpa, i didn’t expect that because in the first period of my 10th grade year i did really well but then i was told the reason it was low was because of my 9th grade year.Sometimes I wish I could go back to 9th grade and redo the grade. History class was not the only class that I was worried about because I was just passing some of the other class as well. After the first semester my parents, teachers were all concerned about me and their attention just gave me more pressure to do good. If i could just go back in time to fix the problems I had that year I really think that would help me get a better gpa and make me a better stu dent.After my 1st semester in high school all my teachers and parents paid lots of attention to me which really just scared me because I really didn’t want to repeat that history class again. When I look back I just think to myself why did I fool around in that class and not pay attention. Every assignment I got couldn’t be completed because I didn’t pay attention and when the teacher asked me for I said no. I felt like my teacher thought I was dumb because he recommend to put me in a lower history class next year but I know he was just doing what was best for me.I felt like nobody believed in me and thought what would happen when I move on in high school because it’s going to get tougher and tougher every year and I have to be prepared. There was trouble at home as well because my parents were really upset and thought what if i can’t go to college. My parents were afraid, if my bad grades continued it would be hard for me to get in college. After my first semester they decided that change was needed so they took my all game consoles, phone and everything till I improved my grades.My parents were at my school during my course selection, they weren’t happy when my teacher recommend me into a lower history class, I wanted to change the recommend and move on to next history class with my friend but my counselor and parents thought I should go a to lower history class. After a while I persuaded them into letting me move on but I had to pass history class this year or I would have to repeat same history class. That day I made a promise to myself that I would study my heart out to pass history class. Things were tough but I knew what I had to do to pass history.I had to stay after school to get help but it was worth it because at the end i passed history. I created lots of practices quiz, flashcards to help me through the class. I still use those strategies to this day, I am sure that’s the reason for my success in my classes. During this time my parents were pushing me to do better and they weren’t that happy because I passed history by 2 percent. Going into 10th grade I knew i had to get better grades which is what I did, I made lot’s of changes during the time which was necessary.I set goals to accomplished through every semester in 10th grade. In 9th grade I was scared to ask questions because if i said something dumb people would laugh at me but in 10th grade I didn’t care who laughed at me and asked lots of questions. All these things made me a better person and student. In all, I wanted to redo my 9th grade but in honesty if i didn’t have that year in my experiences I would have never learned from the mistakes. I would have never pushed my conscience to try harder and don’t give up. 9th grade was a rollercoaster ride but at the end I came out successful. Time I Experienced Failure When i was in 9th grade I almost failed my history class and I was concerned about my gpa as well. Coming into 9th grade I thought it was going to be really easy in 9th grade but I think the real problem was that I was not focused At that time i really didn’t know what gpa was and when i got to 10th grade after the first marking period i had a 3.0 gpa, i didn’t expect that because in the first period of my 10th grade year i did really well but then i was told the reason it was low was because of my 9th grade year. Sometimes I wish I could go back to 9th grade and redo the grade. History class was not the only class that I was worried about because I was just passing some of the other class as well. After the first semester my parents, teachers were all concerned about me and their attention just gave me more pressure to do good.If i could just go back in time to fix the problems I had that year I really think that would help me get a better gpa and make me a better stud ent. After my 1st semester in high school all my teachers and parents paid lots of attention to me which really just scared me because I really didn’t want to repeat that history class again. When I look back I just think to myself why did I fool around in that class and not pay attention.Every assignment I got couldn’t be completed because I didn’t pay attention and when the teacher asked me for I said no. I felt like my teacher thought I was dumb because he recommend to put me in a lower history class next year but I know he was just doing what was best for me. I felt like nobody believed in me and thought what would happen when I move on in high school because it’s going to get tougher and tougher every year and I have to be prepared.There was trouble at home as well because my parents were really upset and thought what if i can’t go to college. My parents were afraid, if my bad grades continued it would be hard for me to get in  college. Afte r my first semester they decided that change was needed so they took my all game consoles, phone and everything till I improved my grades.My parents were at my school during my course selection, they weren’t happy when my teacher recommend me into a lower history class, I wanted to change the recommend and move on to next history class with my friend but my counselor and parents thought I should go a to lower history class. After a while I persuaded them into letting me move on but I had to pass history class this year or I would have to repeat same history class. That day I made a promise to myself that I would study my heart out to pass history class.Things were tough but I knew what I had to do to pass history. I had to stay after school to get help but it was worth it because at the end i passed history. I created lots of practices quiz, flashcards to help me through the class.I still use those strategies to this day, I am sure that’s the reason for my success in m y classes. During this time my parents were pushing me to do better and they weren’t that happy because I passed history by 2 percent.Going into 10th grade I knew i had to get better grades which is what I did, I made lot’s of changes during the time which was necessary. I set goals to accomplished through every semester in 10th grade. In 9th grade I was scared to ask questions because if i said something dumb people would laugh at me but in 10th grade I didn’t care who laughed at me and asked lots of questions. All these things made me a better person and student.In all, I wanted to redo my 9th grade but in honesty if i didn’t have that year in my experiences I would have never learned from the mistakes. I would have never pushed my conscience to try harder and don’t give up. 9th grade was a rollercoaster ride but at the end I came out successful.

How to Find an Earth Fault on Board Ships? Essay

Earth fault is considered very critical on board a ship. Some ships which operate at 440 V do not have any trip devices attached for a single earth fault. However when the operating voltage exceeds 3000V, it is mandatory to have a protection system which isolates when a machinery suffers an earth fault. How to find out an Earth Fault? The seriousness of the action to be taken on an Earth Fault depends on the part of the electrical system it affects. Conventional ships which operate on 3 Phase, 440V, have earth fault indicators installed on all three phases. Any earth fault on a 440V system is considered to be a serious trouble and immediate action is required to identify the faulty circuit. Any earth fault on 220V or any low voltage lighting circuit can be considered as important but need not require immediate attention. However, attention should be paid at the next earliest opportunity. Finding Earth Fault on 440V circuit Whenever there is an earth fault alarm, immediately inform to electrical officer (if he is on board). First action is to check the trueness of the alarm. Usually there will be a test button which when pressed, resets the alarm and rechecks the condition of the earth fault. If the ship is having IAS (Integrated Automation System), check on the computer in the list of events after which the alarm has activated. If IAS facility is not available, there is only one option of isolating each and every machinery in the 440 V circuit and check whether the earth fault indication returns back to normal. Isolation of all machinery, which operates on 440V, is not always possible. Certain critical equipment like steering gear and lubricating oil pumps cannot be isolated for when the ship is underway. However changeover can be done from running machinery to the standby one and thus the earth fault can be found. Finding Earth Fault on 220V Circuit Finding an Earth Fault on a 220V circuit is comparatively difficult than a 440V circuit. The main reason being the lighting circuits found all round the vessel. However, any earth fault alarm with respect to a 220V circuit is usually treated as important but not an emergency. When a 220V earth fault alarm sounds, as said earlier, the trueness of the alarm is checked by pressing the test button and then investigation can be started on each and every 220V circuit. Example: Earth Fault alarm sounds on a 220V panel 1. Check the trueness of the alarm. 2. Isolate the complete Group start panel for a lighting division one by one. 3. Check the Earth Fault indicator for status (still faulty or normal). 4. If faulty, then put on the breaker which is put off earlier and isolate other group start panel for lighting circuit. 5. Once the group start panel is identified, then individual lighting switches are turned off one by one and checked for the alarm condition. 6. When any switch when turned off and thus the condition becomes normal, then this lighting circuit is marked and then inspection is done on the particular light for abnormalities. Ingress of moisture is most common reason for an earth fault. Alternate Idea: Instead of turning off breakers one by one for the lighting circuit, I followed a method where I turned off all lighting circuit of a particular doubted area. This method helps usually when there are two or more earth faults in 220V lighting circuit. By turning off all the breakers of a particular area, then switching on the breaker one by one will eliminate multiple earth faults. When I turned off lighting switches one by one, it was difficult for me to identify multiple earth faults. Once the particular faulty circuit is spotted, then we have to further break them into individual dividable pieces and check them for earth faults. For this as usual, we use megger against earth. By removing fuse of the two phase lines, each line can be tested and the fault pinned down

Customer Is Always Right

A business’s keeness to put customers first Important to reach a business’s objectives and goals Customer is the main source of revenue Important to follow the policy in order to retain customers To retain company’s image and reputation Avoid bad public relation Avoid customer desertion Avoid law suits Leads to higher profitability 10. Satisfied and happy customers will promote your products or services 11. Having your customers as ambassadors help you expand your business quickly 12. Helps company to operate more efficiently in long run 13. Listening to complaints or feedbacks will help a business to identify and ammend its weakness. 14. Customers whose complaints are attended to are more likely to be returning customers. 15. Lowers employees’ morale 16. Unfair to employees 17. Reduces a business’s profitabilty 18. Demanding customers are a waste of time and resources 19. Time used to deal with over-demanding customers can instead be used for potential good ones instead. 20. Employees should be well equipped with training to improve customer service. 21. Customers who are angry and unsatisfied will resort to a business’s rivals. Argument 2 : Obtain higher profitability in the long term. Argument 3 : It helps the business to operate more effectively in the future. Counter Argument 2 : It creates unhappy employees, lowers employees morale and motivation to work. Thesis Statement : Is is important for businesses to always have the policy that the customer is right because it will retain a company’s image, uphold its reputation, leads to a higher profit and enables the business to operate more effectively. Topic Sentence 1 : Retain a company’s image and reputation. Supporting statement: 1) It will be quicker to reach a business’s objectives and goals. ) Avoid unwanted situations such as negative publicity, desertion by customers and legal suits. Topic Sentence 2 : Obtain higher profitability in the long term. Supporting statement: 1) Customers whose complaints are attended efficiently will most likely be returning customers; there will be brand loyalty. 2) Unhappy customers are most likely t o tell their unsatisfaction to others and the business will risk losing potential clients to their rivals. Topic Sentence 3 : It helps the business to operate more effectively in the future. Supporting statement : 1) Negative feedbacks can be used as constructive criticism for improvement. ) Customers will remain loyal if their feedbacks are taken into consideration and they will not defect to a business’s rival. Topic Sentence 4 : Some customers are more troubles than they are worth. Supporting Statement : 1) In the midst of satisfying customers, business profitablity will drop due to the need to rectify problems and givecompensations. 2) Some customers are just wasting your time and resources. Topic Sentence 5 : It creates unhappy employees Supporting statement : 1) It lowers employees’ morale. 2) It lowers employees’ motivation to work. Refutation : ) Although the policy will cause businesses to spend more time and resources in dealing with demanding customer s, it will garner higher customer loyalty and expand the consumer base. 2) Despite that the policy may create unhappiness among employees, it is their job to ensure that customer satisfaction comes first above others. Conclusion: Thepolicy is important to all businesses because it not only generate higher profits but also maintain it’s image and reputation alongside to an effective opperation Topic Sentence 1 : First of all, it will retain the company image and reputation. ) It will avoid negative image of public relation. 2) Save cost as possible legal suits can be prevented. 3) Desertion by the customers can be avoided. *Topic Sentence 2 : Second*ly*, it wil*l increase profitability. Supporting statement : 1) Brand loyalty will exist and customer can be retained. 2) Happy customers will help to advertise and promote your company. 3) Unsatisfied customers will persuade others to stop the purchase of goods and services from your company. Topic Sentence 3 : However, maintainin g this busine*ss policy will eventually makes *the employees unhappy. Supporting statement : *Topic Sentence 4 : In addition, *it gives abrasive customer an unfair advantage. Supporting statement : 1) Company is forced to compensate and this increase cost. 2) Similar incidents will happen again if is not handled properly. At this point, one may wonder if we should maintain this policy or dispose it, but in order for a company to survive, this policy should be followed by every company to avoid profit declination and due to the reason that satisfying employees’ needs will eventually ignore the customer satisfaction. Introduction : In today’s competitive world, a business must always have the policy that the consumer is right because it does not only retain a company’s image and reputation, it also leads to higher profitability in the long term and helps the company to operate more efficiently in the future. *Topic Sentence 1 : *The policy will retain and strengthen *a company’s *image and reputation, making them a step quicker at reaching their objectives and goals. Supporting statement: 1) Good customer service is important for a company to be different from others. ) Avoid unwanted situations such as negative publicity, desertion by customers and legal suits. *Topic Sentence 2 : *It is undeniable that higher profits are obtained in the long term by these businesses as well. Supporting statement: 1) Customers who have their complaints and suggestions attended efficiently are most likely to be your returning customers. 2) When a client becomes dissatisfied, you risk losing t hat business plus potential business if negative comments about your company are passed along. Topic Sentence 3 : It helps the business to operate more effectively in the future. Supporting statement : 1) Negative feedbacks can be used as constructive criticism for improvement. 2) Customers will remain loyal if their feedbacks are taken into consideration and they will not defect to a business’s rival. Topic Sentence 4 : Some customers are more troubles than they are worth. Supporting Statement : 1) Company begins to suffer from having a bad seed on your client list and this will cause profit to drop. ) Some customers are just a waste of time because they will never be satisfied. Topic Sentence 5 : It creates unhappy employees Supporting statement : 1) It lowers employees’ morale. 2) It lowers employees’ motivation to work. Refutation : 1) Although the policy will cause businesses to spend more time and resources in dealing with demanding customers, it will garner higher customer loyalty and expand the consumer base. 2) Despite that the policy may create u nhappiness among employees, it is their job to ensure that customer satisfaction comes first above others. In today’s competitive world, a business must always have the policy that the consumer is right because it does not only retain a company’s image and reputation, it also leads to higher profitability in the long term and helps the company to operate more efficiently in the future. Businesses must be aware that their consumers are the essence of their company. Without consumers, the business would cease to exist. The phrase, ‘The customer is always right’ can be explained as the trading policy that states a company's keenness to be seen to put customers first (Martin, 1996). It was originally coined by Harry Gordon Selfridge in 1909 and often used by businesses to convince customers that they will receive good service or convince employees to deliver good service. Many businesses argue that there are customers who are just plain wrong and unreasonable while others are mostly just seeking advantage. However, in this current economic climate, companies cannot afford to neglect their customers’ wants and needs if they are planning to stay in business for the long term. Therefore, it makes perfect sense that the said policy encourages a company’s growth despite lowering employees morale and giving abrasive consumers an advantage. Businesses which implement the policy will retain and strengthen their image and reputation, making them a step quicker at reaching their objectives and goals. James Kocsi (2006) says, â€Å"To be competitive, you need to analyze what makes your company different from others in your industry. Pricing and quality are always the key factors, but do not overlook the value of customer service. † Clearly, this shows that customer service means delivering satisfaction to all your clients even if they are wrong or irrational. In short, your consumers are always right and this meant making an adjustment to satisfy them even when your company is not at fault. It helps minimize negative image of public relation being passed around when customers are unsatisfied with your product or services, avoid desertion by them and most ultimately, save your company from the complications of possible legal suits (Witzel, 2005). It is undeniable that higher profits are obtained in the long term by these businesses as well. Customers who have their complaints and suggestions attended efficiently are most likely to be your returning customers. The policy indirectly creates brand loyalty among them and they become your product ambassadors. In Josh Hall's (2009) view, engaging with unsatisfied customers and exceeding their expectations can frequently result in a positive business outcome from a potentially damaging situation. This can be done by sending a letter of apology or similar gestures to help solidify a positive impression in the customer’s eyes. Rombel (2004) points out that bad customer service can cost you a long-time client. He added that the customer scorned is likely to tell everyone he knows about what happened to him. When a client becomes dissatisfied, you risk losing that business plus potential business if negative comments about your company are passed along. Witzel (2005) states that disgruntled consumers tend to defect to rival businesses. He suggests accepting responsibility than to argue with customers where responsibility lies. This is due to the fact that there is little profit earned and more damage being done regardless of whom is at fault. Besides that, business will operate more effectively in the future upon having the policy that the customer is always right. Rather than taking negative feedbacks as criticism, they should have the mindset that their customers are always right and use it for improvement to provide better products or services. Daud (2009) stated that pleasing customers is fundamental and it should be at the forefront of our minds when we work and gaining new ones as the ultimate incentive for improving service. He further explains that shoppers read reviews prior to making purchase decisions. Positive reviews are beneficial as a form of effective form of advertising while negative ones can be used as constructive criticism to fix weak areas. According to Morisson (2008),complaints usually come from loyal customers, rather than disloyal ones. He added that loyal customers tell you what is wrong in the hope that it will improve the situation, so that they do not have to defect to your competitors, and it gives your business a valuable opportunity to identify and fix problems, make amends and retain a possibly lost business. Granted, the policy that the customer is right is vital to a business’s wellbeing but however, in reality, some customers are just more troubles than they are worth. There are times where a customer is not always right, especially if your company begins to suffer from having a bad seed on your client list (Brodsky & Mitchell, 2007). According to Brodsky and Mitchell, living by the policy may cause businesses to overlook or excuse a customer's bad behavior due to the need to satisfy any client that pays. These customers are usually your regular clients, but despite attempts to rectify their dissatisfaction, they constantly complaint that you are not up to their expectations. This clearly gives abrasive customers an unfair advantage, and as a result, the company will need to compensate them in terms of monetary, refunds, exchanges and discounts which will all lead to a lower profitability. Besides that, repetition of similar incidents will happen if it is not dealt with in a proper way. For example, Brown (2009) argues that bad customers are a waste of time and resources because the costs of serving them will outweigh the benefits you will receive from them. Furthermore, businesses need to decide if they are to side with a emanding and unreasonable customer or their loyal employee. The act of trying to please your customers, even if they are at wrong, will create unhappy employees and this will eventually lead to lower morale and less motivation to work. Forcing employees to deal with obnoxious, unrealistic and abusive customers reduces morale (Brown, 2009). It gives employees a mentality that they are not valued by the company and they should not have an y respect for the customers. She adds that, â€Å"The time that you spend trying to satisfy the impossible customer decreases the benefits you can provide to the good ones. Your most demanding customers are not your profitable ones. Rewarding them reduces your resources without a return on investment. † ING Direct, a finance institution, reported that there was a 45% of increase in profits between 2002 and 2003 when they started getting rid of overly demanding customers (Esfahani, 2004). Although the policy might cause a business to spend more time and resources in dealing with demanding customers, it has been proven that it garners higher customer loyalty and greatly expands consumer base. A survey conducted by Retail Council of Canada proved that store loyalty increases dramatically when customers enjoy a great shopping experience. This is because of the high likelihood of returning customers and those who spread their great shopping experiences to others will help boost business sales (Retail Council of Canada, 2009). Kent (2004) points out that good customer service should be emphasised above all else, even when it comes to customers who may simply waste time with never-ending, pointless calls. He quoted that employees are employed to satisfy every customer and therefore, customer satisfaction comes first above all else. They should therefore be equipped with training programs to provide better services and deal with demanding customers effectively. In conclusion, the policy that the customer is right is a fundamental rule to all businesses because it retains a company’s image and reputation, leads to higher profitability in the long term and helps the company to operate more efficiently in the future. Brown, P. B. , 2009. â€Å"Know When to Fire a Customer. New York Times, September 16. Avaliable from: http://www. proquest. com/ [Accessed on October 16, 2009] Daud, N. , 2009. The Power of Online Customer Feedback. Available from: http://www. businesswings. co. uk/articles/The-power-of-online-customer-feedback [Accessed on October 18, 2009] Esfahani, E. , 2004. â€Å"How To†¦ : Get Tough With Bad Customers. † Business 2. 0, 5, no. 9: 52. Available from: Business Source Premier. [Accessed on October 16, 2009] Hall, J. , 2009. â€Å"How To Deal With Customer Complaints and Profit. † Real Business, [internet] Septenber 20. Available from : http://www. realbusiness. co. uk/news/sales-and-marketing/5692676/how-to-deal-with-customer-complaints-and-profit. thtml [Accessed on October 15, 2009] Kent, S. , 2004. When is enough, enough? Personnel Today. Available from: http://www. proquest. com/ [Accessed on October 18, 2009] Kocsi, J. , 2006. â€Å"What Makes You Different from the Rest? † NJBIZ, September 4. no. 36:10. Martin, G. , 1996-2009. The customer is always right. Available from: http://www. phrases. org. uk/meanings/106700. html. [Accessed on October 15, 2009] Morrison, R. , 2008. Spinning Straw Into Gold:Turn Customer Feedback Into Business Success. Available from: http://www. customerthink. com/article/spinning_straw_gold_turn_customer_feedback [Accessed on October 18, 2009] [Accessed on October 18, 2009] Rombel, A. , 2004. â€Å"Who Says The Customer Is Always Right? † Business Journal (Central New York) 18, no. 50: 24. Available from: Regional Business News [Accessed on October 15, 2009] Witzel, M. , 2005. Keep your relationship with clients afloat. FT. com, January 30. Available from: http://www. proquest. com/ [Accessed on October 15, 2009]

Building Information Modeling Essay Example | Topics and Well Written Essays - 3000 words

Building Information Modeling - Essay Example In addition, BIM considers mistakes that would be made in making estimates for building materials, making it a valid process in the building and construction industry throughout the world. In Building and construction sectors, BIM refers to the digital representation of physical and functional characteristics of structures. In designing a BIM plan, factors such as increase in prices of materials which can inhibit the construction process management. This explains why BIM continues to be a thorough process in the construction sector. Making out estimates of building materials owes to factors such as in prices of materials or having uncertainties in making estimates. However, BIM enables companies avoid such problems as making out estimates by drawing plans, which include provisions, in case there are any constraints encountered during construction. BIM builds a digital format which appears as if it is being made physically. Currently, the UK government advocates for the use of BIM in delivering cost effective solutions in delivery of infrastructure across all sectors, including Telecommunication companies. However, in spite of this advocacy by the UK government, mobile telecommunication companies do not think it a requirement. ... The company has business units, â€Å"which provide infrastructure, transportation services† such as Turnkey- a program involving surveying/site acquisition, design, body and wealth management of client network infrastructure, to UK mobile telecommunication companies, in particular 02, Vodafone, and Orange. Vodafone is a global mobile telecommunication with headquarters in the UK. It is also the largest global telecommunications company basing on its revenues, and the world’s second largest after china mobile. 02 on the other hand, is UK’s leading mobile handset provider and broadband, offering the best phone, sim only and broad band deals. Orange is the fifth telecommunication company in the world, also found in the UK, but with proper headquarters in France. The three telecommunication companies, namely; orange, Vodafone and 02, are clients to GallifordTry Buildinmg and Construction Company. According to GallifordTry, Telecommunication companies do not show int erest in the BIM process, yet it is cost effective in service delivery. On this note, Galliford, as a partner institution believes that it can affect the implementation of BIM in telecommunication companies. 2. Hypothesis Galliford can affect the implementation of BIM among Telecommunication sectors in the UK and gain a competitive advantage over other sectors in the UK government The theorem above is being needed to be checked alongside the following objectives; (a) To identify reasons why Telecommunication sectors such as 02, Vodafone and Orange do not take BIM as a prerequisite, in spite of it being an endorsement of the UK government (b)To determine whether, among the Telecommunication companies, are some outstanding individuals who would like to take part in implementing BIM program (c)To determine the

Organizational behavior Essay Example | Topics and Well Written Essays - 2000 words

Organizational behavior - Essay Example It is basically a practice of proper or suitable human behavior within the organizational setting (Griffin and Moorhead 3). The human behavior within the organization depends on many important factors and they are the organizational structure, motivational factors, job satisfaction, leadership qualities of the managers, communication processes and many more. However, with the advancement of the behavioral approaches of the new age work forces the organizational behavioral approaches of the management are also changing. The ROWE program in Best Buy is a great example to be studied by most of the organizations. Organizational structures (on the basis of decision making) Centralized: According to the centralized method the top level managers take the final decision and it is been carried downwards to the employee level. In this case the numbers of the managers are less and they stay away from the service point. Most of the traditional organizations follow the centralized structure. Dece ntralized: The decentralized system is totally different. The decision can also be taken in a much lower level. However, it is better than the centralized methods as the decision is made fast and the decision maker stays near the service point (Finkler et al; 43). Relation between organizational behavior and Structure: Strategy is the long term goal of the organization towards the proper direction. There are many strategies related to the organizations behavior and many strategies are discussed above and will be discussed in the later part of this paper. However, the organizational behavior and the organizational structures are closely related to each other. The decision making process and the behavior of the organization highly depend on the organizational structure. The structure and the behavioral strategies have reciprocal relationship (Hitt, Ireland, and Hoskisson 312). This important relation focuses one strategy formulation and the strategy implementation. In the recent time the ROWE program in the Best Buy can be presented to understand the relation between the organizational behavior, the structure and the strategies accordingly to match both the entities (Hitt, Ireland, and Hoskisson 312) Organization Behaviors: Group behavior: An organization is made of different people from different cultural back grounds and the group behavior plays a vital role in this context. However, group behaviors can referrer to many things. For an example, a group made of similar mentality people for some personal achievements can be a great negative character for an organization. However, a systematic grouping of employees for the betterment of the organization can be called as a team. And, team work is a great positive point for any organization. However, a group behavior is less predictable as many people are associated with a group (Yalom, and Leszcz 261). Job Attitudes: The attitude is a relative and evaluative statement; it can be favorable or unfavorable towards an object, person or job (Robbins, 55). It is a complex behavior of a person and it is highly dependent upon individual. However, attitudes can be molded with proper behavioral practices. The attitude of an employee towards her or her job depends upon many important factors and they are the job profile, motivation

Cultural Diverse Backgrounds Assignment 3 Example | Topics and Well Written Essays - 250 words

Cultural Diverse Backgrounds 3 - Assignment Example As a result of working together in our home, my mother had taught my siblings and me the value of family. Until now, we have a close relationship to each other and to our mother. As I remember, my mother treated my older brother, sister and I similarly and yet differently as well. It was dependent on our varied temperament and behavior. Being the only girl, my sister was shy so my mother was more soft-spoken and more gentle when scolding her. She was harder on my brother and I because we were more stubborn and naughtier than my sister. My grandparents were from Ireland and had to learn English. This difficulty in culture was one my mother did not want us to deal with. At an early age, she taught us English and yet never failed to remind us of our Irish heritage. Influence from religious beliefs was strong. My mother is Catholic and so are we. I remember mother teaching us to pray before meals and before we went to sleep. She would take us to church and remind us that God is good and we could ask Him for help but should also thank Him for our graces. Finally, my mother believed that children learn from their mistakes. So, she let us be hurt growing up. She was there to console us though and explain why we were hurting and how to deal with our problems. She let us solve our own problems but was ready to help if we asked

8 Assignment Example | Topics and Well Written Essays - 250 words

8 - Assignment Example It is observable that, the objective functions give the following results: The first objective function gives 8 and the second one gives -8. This is an indication that the two objective functions are not equivalent since they give dissimilar optimal values despite application of similar constraint values (Kathleen, 2001). Overhead costs refer to the circuitous (indirect) production costs. They are costs, which are chargeable to a cost unit by estimated basis. Similarly, overhead cost refers to the total cost of indirect materials, indirect labor and indirect expenses (Joel, 2004). The estimating method enables a share of the circuitous costs to be charged to each cost unit. It is notable that these charges are not identifiable specifically to the final product. For instance, these costs are chargeable on production centers, service cost centers and other non-production cost centers. Mr. Smith is right in calculating the marginal profit. It is evident that, he has used marginal costing (Joel, 2004). One of the principles guiding marginal costing rejects absorption of fixed costs into unit costs. In this case, factory overhead is a fixed expense, which cannot be absorbed to the rate per labor hour as Howie’s accountant suggests (Joel, 2004) However, it is notable that, the Howie’s opinion is applicable in absorption costing where fixed expenses are absorbed into unit costs (Joel,

Ethnic differences Essay Example | Topics and Well Written Essays - 1000 words

Ethnic differences - Essay Example The ethnic differences in education are more visible between minority and majority ethnic groups. In Europe, where ethnic differences play a major role in education, different countries have different ethnic communities, for instance, Turks and Kurds can be found in Germany, North African in France, black Africans in united kingdom, Denmark and France and Pakistanis and people of Asian origin in Germany, France, Denmark and the united kingdom (Szalai, 2011). One of the features that the ethnic minority groups have is that they have higher than average fertility levels in comparison to the natives of the area that they are living in. Do instance, in Europe, most of the ethnic minorities who live there come from families with three or more children. In addition, most of the families from minority ethnic groups had an economic disadvantage since a large number of them could be categorised among the poorest members of the society. Most of the parents of minority ethnic groups have a simi lar trend in terms of their educational attainment in that most of them are either attained primary level education qualification or vocational education. In societies where there are clear ethnic majority and minority, the educational system is likely to show some signs of ethno-social segregation where it can occur at the system level, the school level or the class level. The school system can propagate ethnic differences in education where the pupils from different ethnic groups enrol in distinctive schools as a result of residential segregation; this type of segregation is very common in France and Germany. However, in some instances, the school systems may work against ethno-social segregation especially where schooling boundaries are set taking into consideration socio-ethnic composition and diversity. Some educational institutions also treat their students differently depending on their ethnic background, for instance, some institutions, are more diversity conscious, other di versity blind while others deliberately separate the students depending on their ethnic backgrounds. The segregation of students based on their ethnic background has affected the performance and attitudes towards education especially among the minority students. This is because all factors are usually to their disadvantage, for instance, most of the students from the ethnic minority communities also come from the lowest social classes in the country. In addition, this group also comes from the backgrounds where the parents are not that much educated or aware of their rights and they therefore prefer to take their children to schools that are within their reach financially or those that they will not be discriminated against. In most cases, these schools are among the poorest performing ones. The ethnic background of individuals may also affect their health; that is their levels of health consciousness or the type of diseases that they are likely to suffer from. Some cultures have di fferent perspective on certain diets, which have an impact on their health, for instance, Muslims and Jews, which are the most predominant lifestyles in the middle east, have restrictions regarding meat, for instance, they are not allowed to eat any products from pigs. Other practises from these cultures also include fasting, which depending on the

Gender Roles in Society Essay Example | Topics and Well Written Essays - 1000 words

Gender Roles in Society - Essay Example Girls are encouraged to play with dolls and boys on the contrary engage in activities which suit their gender. â€Å"While both mothers and fathers contribute to the gender stereotyping of their children, fathers have been found to reinforce gender stereotypes more often than mothers.† (Ruble, 1988) These were some of the socio-cultural and biological factors which affect gender role development. Sexuality and Sexual Orientation â€Å"Sexuality  has three stages: Desire is an interest in being sexual. Excitement is the state of arousal that sexual stimulation causes. And orgasm is sexual pleasure's peaking. A sexual disorder occurs when there's a problem in at least one of these stages.† (Sexuality) Sexual orientation refers to the disposition of men towards women and vice-versa. This attraction gets redefined at times when men get attracted towards other men and women get attracted towards other women. Sexual orientation is very closely connected with personal identi ty; one chooses an ideal partner depending on their compatibility and gets romantically involved with that person. There are many factors that can easily influence sexual orientation. Loneliness and sadness is the most common cause of homosexuality, child abuse can also significantly alter the sexual orientation of a person. When peers reject a person during his adolescence, the person becomes lonely and starts seeking the company of someone who can help. Weak masculine identity is another cause of homosexual temptation, fear and mistrust is another common cause which can determine one’s sexual orientation. Some people become sexually compulsive and that is how their sexual orientation changes. Trauma during childhood is another common cause of homosexuality; other important causes... The book Two Ways A Woman Can Get Hurt sheds light upon how media presents women in advertisements and in other forms. The researcher states that the author of the book is aghast, that today women are presented as sex objects in advertisements and she also points out that this has a devastating effect on young children watching these advertisements, the same children grow up thinking women to be nothing more than sex objects and they start exploiting women and the same also becomes a vicious cycle. The author also points to the fact that women are shown to have an orgasm when doing their hair and this is extremely serious according to the author but the advertisements take this least seriously and the same has serious ramifications on the mindsets of the people watching these adverts. Men and women are treated very differently in our society and this is a very serious issue, women often treated as nothing more than sex objects, on the other hand men dominate in almost every area, the se differences still prevail in our society but we often turn a blind eye towards them and move on. The researcher also focuses on the sexuality, that has three stages, that were analyzed in the study. It is then concluded that it is time to bring about a drastic change and to restore parity in the society, because women have suffered a lot in the past and we must ensure now that they do not suffer anymore in the future, but bringing these changes still remains a big challenge not only in the United States, but around the world.

See information below Essay Example | Topics and Well Written Essays - 750 words

See information below - Essay Example The frustration of being just two credits shy of graduation and newly married is touched on briefly, but is an important fact that helps clarify his frustration. As he takes us on his journey into the horrors of war, we begin to see a pattern of disorganization from those in authority, and vague answers to the young men's questions about their return home. One incident underscores this disorganization clearly. On a mission to a local Iraqi bank, two soldiers are left standing guard outside. While the rest of the group is inside the bank enjoying a precious few moments in air conditioning, insurgents fire upon the two men outside. One of the men is shot very seriously in the neck. Trying to get medevac to the scene proves to be the most difficult part of the incident. It seems commanding officers and their staff, do not leave the compound. Tracking the exact location of the bank and dispatching the appropriate help becomes a source of frustration for the men on the scene. What is tell ing in this scene is not that the two men were fired upon, but the slow and disorganized response from their commanding officers. The promise of going home is held in front of the men frequently throughout the story only to be withheld from them over and over again. They are told, 'just keep up the work a little longer. We'll be home soon.'(Crawford 19) The commanding officers seem unconcerned with the stress and fatigue that these men are facing, and only seem concerned with their own plans of glory and recognition.The imagery that Crawford uses gives us a land that is as bleak and unwelcoming as his first descriptions of the storm. We see a country decimated by war and it's citizens living in squalor. "The building was full of rotting feces. Piles of it, along with MRE toilet paper, littered the floor. The heat had turned the building into an oven, and the smell was overpowering."(Crawford 32) The gritty descriptions of crumbling buildings and human waste flowing in the streets fill the pages and lend to the feeling of a complete breakdown of a society.Interwoven through the stories of fear and exhaustion th ere are some moments of humor that remind the reader that these are ordinary men thrown into extraordinary circumstances. They are trying desperately to hang on to a sense of normalcy in an alien world. The story of Cum, a homeless Iraqi child, and his friendship with Crawford clearly display the overall feeling of desperation. While the story is told in a dispassionate way, the sense that the boy meant a great deal to Crawford is apparent based on his statement that they talked for hours without understanding each other's language. Without language to join them they manage to forge a friendship based on the child's innocent and eager nature. Eventually because of Iraqi attitudes toward Americans, something happens to the child. What that something is, is never made clear, but Crawford's guilt over the incident is palpable.The frequent mention of drugs seems to be another desperate attempt to escape the situation that he finds himself. One incident has a medic injecting Crawford wit h morphine just for the sleep the drug will allow him. Crawford spends a day in bed after the morphine

Career Paper ( Preschool Teacher) Essay Example for Free

Career Paper ( Preschool Teacher) Essay History Preschool is something very important for toddlers. Preschools were established in Europe around the late 1800s. They were later introduced to the United States in the 1920s. According to the Encyclopedia of careers and vocational guidance 9th edition preschools expanded rapidly in the united states during the 1960s. Job Description Preschool teachers usually instruct children usually until they reach the age of five. They conduct activities designed to develop social, physical, and intellectual skills needed for primary school. During an interview I was told many things on the subject. You need a lot of patience said Esther Rodriguez a preschool teacher. There are many tasks needed to be done. While researching I came across plenty of information on the internet, Echoices says that some typical tasks are planning individual and group activities, and monitor activities to prevent accidents and conflicts between children. Nature of Work Preschool teachers play a very important role in the development of children. In the Encyclopedia of careers and vocational guidance 9th edition states that a preschool teachers primary responsibility in the social development and health of each child. Preschool teachers design activities that build on the childrens native abilities and help them develop skills and characteristics that will help them grow. What children learn and experience during their early years can shape their views of themselves and the world. Preschool teachers introduce children to math, language arts, science, and social studies. These subjects are taught using games, music, artwork, films, books, computers, and other tools to teach basic skills. The majority of children need adjusting when they first go to preschool it being their first time away from home and their parents. Because young children look up to adults and learn through examples, its important that the teachers are good role models. Education, training, qualifications, and work experience Licensing requirements for preschool teachers vary by state. Some states require a bachelors degree in Early Childhood Education and others require certification by a nationally recognized authority. The child development associate (CDA) credential which is the most common type of certification. It requires a mix of classroom training and experience working with children. This comes along with an independent of an individuals competence. The Encyclopedia of careers and vocational guidance 11th edition shares some requirements. In high school you should take child development, home economics, and other classes that involve you with child care. It also says youll also need a fundamental understanding of the general subjects youll be introducing to preschool students, so take English, science, and math. Dont forget art, music, and drama for creative skills. Florida Earnings 2003 Statewide average annual earnings $20,405 Statewide average hourly earnings $9. 81 Statewide entry level annual earnings $14,560 Statewide entry level hourly earnings $7. 00 Statewide experienced level annual earnings $22,090 Statewide experienced level hourly earnings $10. 62 Miami Earnings 2003 Average annual earnings $23,150 /hourly $11. 13 Entry level annual earnings $14,435 / hourly $6. 94 Experienced level annual earnings $27,414/ hourly $13. 18.

Accounting Principles and Health Care Essay Example for Free

Accounting Principles and Health Care Essay There are no formal accounting principles that apply to health care. However, there are five generally accepted guiding principles used in the management of the financial aspects of health care management (Cleverly, Song Cleverly, 2011). Understanding the five guiding principles are important in understanding financial information and managerial accounting and how the principles relate to health care (Cleverly et. al. ). The five principles include, accounting entity, money measurement, duality, cost valuation, and stable monetary unit. Each principle and how it relates to health care is discussed in the following (Cleverly et. al. ). Accounting Entity An accounting entity is the business or corporation that performs clear economic activities, separate from any personal economic endeavors (Accounting Tools, 2010). An accounting entity requires financial records that define financial activities (Cleverly et. al. ). In health care, accounting entities can be hospitals, clinics, or other entities that are part of a larger corporation. See more: Social process essay Accounting is geared to measure and report the financial activities of the entities under consideration. Money Measurement Money Measurement is very simply, a way to keep count and records of the incoming and outgoing revenue of the accounting entity. This is not an easy task and involves consideration of various issues (Cleverly et. al. ). Resources and liabilities have to be considered and calculated to determine accurate money measurement. Resources are also referred to as assets. Scarce resources are things, supplies, money, and other things or resources that are needed by the company in order to generate money. These resources are limited and necessary to the entities operation (Cleverly et. al. ). This may include nursing staff for heath care organizations. Other scarce resources for health care organizations may include buildings, many different kinds of medical supplies, medications, and other supplies to care for patients and maintain the organization. Assets are the resources that the organization has and the money generated. Liabilities are resources that are owed for services, supplies and other things that the organization has acquired. The ideal goal of any business is for the assets to be greater than the liabilities (Cleverly et. al. ). Duality Duality is a simple mathematical equation or rather, it seems simple. The equation states, â€Å"The value of assets must always equal the combined value of liabilities and residual interest, which we have called net assets. † (Cleverly et. al. pg. 185 para. 1) This requires balancing reports about changes in either side of the equation. In health care, for instance, changes such as buying supplies, receiving payment for services, or paying the electric bill are all transactions that require balancing the books, so to speak, so that the equation is still equal. Cost Valuation Cost Valuation can be defined as choosing the right price for services, supplies and other things of value (Hutton, 2005). Choosing the right price may be based on the history of what the entity has paid that is reflected by money measurement or may be based on other measures of what a cost should be (Cleverly et. al. . Market value is a way to assess a cost value. This seems to be favorite way with many organizations. This method is not considered objective, however and can provide different opinions on what an item is worth, making costing difficult (Cleverly et. al. ). Replacement value is another way of choosing the right price. This gives the cost of how much money it would take to replace an item or service (Cleverly et. al. ). In health care for instance, when costing an expensive piece of medical equipment, replacement value makes more sense than market value. The organization may receive different quotes on market value but replacement value should be more consistent and reliable. Stable Monetary Unit The stable money unit is our country is the dollar. The dollar is used in money measurement and other principles that have money values attached. The dollar is always the dollar but the value can change based on the economy and inflation (Cleverly et. al. ). An example of how this might impact health care is, suppose the organization, based on replacement value, has allotted a certain amount of money to purchase an expensive medical devise. Before the purchase has been made, the dollar decreases in value or is unavailable and has to be imported. The value of the dollar has changed; the country from which the item is imported from may have experienced a decrease in the value of the United States Dollar. The dollar is still a stable monetary unit though there may be fluctuations due to inflation or other events. Conclusion There are no specific hard rules that govern accounting; the five guiding principles of accounting are used to help organizations keep track of the entity’s assets and liabilities.  The principles are not perfect but serve as a guide to costing and money measurement. The stable money unit in our country is the dollar. The dollar may experience fluctuations in value but is still considered stable and how the United States measure and pay for any expenses. The five principles seem simple and as one looks into each principle further, it is noted that there are complexities and problems that must remain in the forefront of the accountant’s mind when keeping up with the financial end of any organization.

SQL Injection and Buffer Overflow Attack Detection

SQL Injection and Buffer Overflow Attack Detection CHAPTER ONE INTRODUCTION This chapter discussed about research requirement for this research. It discussed briefly the research background in section 1.1, problem statement in 1.2, research objectives in 1.3, research questions in 1.4, scope of research in 1.5, research elements in 1.6 and research significant in 1.7 1.1 Research Background The internet which is a free, supportive and self-sustaining facility reachable to hundreds of millions of people worldwide, have become one of important communication’s medium today. The greatest widely used part of the Internet is the web or World Wide Web (WWW). The Web uses the Hypertext Transfer Protocol (HTTP) to convey data through the Internet as HTTP is a well-known language over the Internet. There is a Web Browser that acts as the main door to the Internet if user wants to view the web pages in different websites. Web pages is a document that may contain text, videos, sound, images or any multimedia components created in Hypertext Markup Language (HTML). In addition, to make the process of searching specific web pages easier, there is Uniform Resource Locator (URL) where it standardized naming convention for addressing documents available over the Internet or Intranet. As Internet become more and more significant, there are some individuals identified as hackers that have the ability to interrupt the peace of using Internet. For that reason, network security is required. Network security emphasis on securing networks from any violence or exploit especially from hackers and typically handles by network administrator on each organization that applies security policy. Thus, to ensure the three main goals of security which are integrity, availability and confidentiality is guarantee, network security become the main role to some kind of vulnerabilities in web application. Vulnerabilities can be referring as the flaws where attacker can take benefit by exploiting it to gain unauthorized access to their target. There are two of the most common web application vulnerabilities that exist in a web application are Structured Query Language (SQL) Injection and Buffer Overflow (BOF). SQL Injection is an attack in which the attacker inserts SQL commands into form or parameter values. It exploits the use of SQL query in the application. SQL Injection has become a predominant type of attacks that target web applications. The Open Web Application Security Project (OWASP) ranks it on top among the Top-10 security threats. Buffer Overflow is an exploit that can make the memory allocated to a certain application become massive. For example, an application expecting a five-digit postcode therefore the programmer only allocates enough memory for the perimeter. If an attacker enters more than five digits for example hundreds of digit, the application will end up using more memory than what it should. As of September 2010, 12 of the 20 most severe vulnerabilities ranked by US-CERT were Buffer Overflow related. There are a lot of web application vulnerabilities detection scanners existing in Internet. Either it free source or need to buy, there are more or less problems faced by these tools. The common problem meet by some of the scanner are false positive and false negatives. A false positive is when there is an error whereby a web application tested for is mistakenly found the vulnerabilities which actually there is none. Meanwhile, false negatives are the scanner does not found any vulnerability in a web application and telling user that the web is secure. However, actually the web application may have some vulnerability. Thus, by proposed a method for detecting the web vulnerabilities through searching for the suspicious and defined web vulnerabilities criteria, it will help the web application administrator to take a look and always standby in secure mode to avoid and secure mode for avoiding any attacks from the attacker. 1.2 Problem Statement Usually developers of a web application does not realize that their web application have vulnerabilities. They only realize it when there is an attack or manipulation of their code by someone. This is normal as in a web application, there are thousands of lines of code so, it is not easy to detect if there is some mistakes (Houghton, 2013). Nowadays lots of new hacker are born as the tools and tutorials are easier to get. According to Dougherty (2012), even though SQL Injection is very easy to protect against, there are still large numbers of the system on the internet are vulnerable to this type of attack because there will be a few subtle condition that can go undetected. Besides, in Buffer Overflow, although many methods have been proposed to address this problem, it mostly very high overhead involves considerable additional resources (Zheng, Zhou Liu, 2015). Therefore, a detection method for detecting the SQL Injection and Buffer Overflow while producing minimum false positive a nd false negative was proposed. 1.3 Research Objective There are two objectives that have been achieved in this dissertation: To construct a detection method that can detect SQL Injection and Buffer Overflow attack in web application based on acknowledged features and characteristics of the vulnerabilities. To evaluate the performance of proposed method in term of accuracy and efficiency by conducted two sets of experiments under laboratory testing environment. 1.4 Research Questions There are four research questions that have been addressed in this dissertation: Is it possible to employ a dynamic method for SQL Injection and Buffer Overflow detection in web application? What are the criteria used to detect SQL Injection and Buffer Overflow in the proposed detection method? What is the evaluation metrics used to measure the performance of the proposed detection method? How to measure the accuracy and efficiency of the proposed detection method? 1.5 Scope of Research This dissertation focused on the web application vulnerabilities which are more specific on SQL Injection and Buffer Overflow. This dissertation limited to: Detection of web application vulnerabilities which are limited on: SQL Injection Buffer Overflow A number of vulnerable website’s URL collected from: http://www.thetechnism.com/ http://pastebin.com/ For detection of web application vulnerabilities of SQL Injection and Buffer Overflow, the criteria used are: Get the URL of website Tokenize the URL Match the pattern with the matching criteria based on Boyer-Moore Algorithm Get the web application vulnerabilities The evaluation metrics that used in this dissertation are accuracy and efficiency 1.6Research SIGNIFICANCE There are two significances of this dissertation: This dissertation able to provide a method that can detect SQL Injection and Buffer Overflow attack based on Boyer-Moore String Matching Algorithm. This proposed detection method also able to generate the report regarding the level of vulnerability of the web application. The proposed method can assistance the web application developer or administrator to take any extra action to protected their application from being attacked by the unethical person outside the network to SQL Injection and Buffer Overflow attack.

Medicine River Essay -- essays research papers

Medicine River I enjoyed the book Medicine River, by Thomas King as well as the movie, which was based on the book. Although there were profound differences between the two, they were both pleasantly constructed. Having been instructed to read the book first, I was able to experience the full effect of the story and the message that the author intended for his readers. Although the book and the movie clearly relayed the same story, I would’ve better enjoyed the movie if it had included more incidents from the book, such as the visit from Harlen Bigbear’s estranged brother, and the ‘bridge jump’. I also wish the producer would have incorporated the many flashbacks that the main protagonist, Will, had from his youth. For example, the letters written by his father to his mother; the stories about his mother and her best friend; and the relationship with his brother James, namely, the childhood pranks that they played on one another. I am, however, aware of the time constrain ts involved when producing a motion picture, and I realize that the script had to be somewhat altered considering the medium at hand.   Ã‚  Ã‚  Ã‚  Ã‚  I found the book to be easy, exciting reading because the story line was very realistic and easily relatable. This book flowed for me to a point when, at times, it was difficult to put down. Several scenes pleasantly caught me off guard and some were extremely hilarious, namely, the visit to Martha Oldcrow. I found myself really fond of the char...

Free Yellow Wallpaper Essays: Physical and Mental Abuse :: Yellow Wallpaper essays

Physical and Mental Abuse in The Yellow Wallpaper What is Abuse? Abuse is not just being hit. Abuse is any action that is harmful or controlling and that affects the well being of another person. Many people use the term "Abuse" to signify physical abuse, but there are many more ways of abusing someone than beating them. Physical abuse is the most horrifying and most noticeable of them all, but it is only one of the many types of abuse. Here are some of the names for different categories of abuse: Physical abuse, Sexual abuse, Psychological and Verbal abuse, Forced confinement, abuse towards pets or property, Financial abuse, and Child abuse. The two abuses that I will be focusing on will be physical and mental abuse. I decided to pick the topic of abuse after viewing the movie The Yellow Wall- paper. After watching the movie and seeing how badly Mary Wollstonecraft was treated, it made me want to know more about abuse on women and what could be done to break the chain of abuse. I believe that no abuse is acceptable and that any man that has ever abused a woman in anyway should face major consequences. That is my main point to this paper, that the laws are not strong enough and that more effort should be done so that no women is ever abused in anyway shape or form again. To start, I will give some statistics about police and how they handle calls from wives that have been abused. "Police were more likely to respond within five minutes if the offender was a stranger than if an offender was known to the female victim" ("Response"1). Also, it has been recorded that once a women in Boston called in that her husband had beaten her and the policeman's response was, "Listen, lady, he pays the bills, does n't he? What he does inside of his house is his business"(Straus, Gelles, and Steinmetz 301). With a response like this, why even bother calling the police. That is why we must come together and start over from the inside out. We need to make every one in any position of power know that any abuse on women is wrong. The truth is that, "90% of all family violence defendants are never prosecuted, and one-third of the cases that would be considered felonies if committed by strangers are filed as misdemeanors (a lesser crime)" ("Response"1).

Personal Narrative: Goodbye My Best Friend Essay -- essays research pa

Goodbye It is amazing how many things we take for granted. We make plans for the day, and don't think twice about how those plans can be taken away in the blink of an eye. I never thought much about it myself, until I was faced with the shock, and undeniable truth of my cousin's death. I don't think anyone really thinks about tragedy until they are actually faced with shocking news. It was a bright and warm summer morning when I woke from a good night sleep. Nothing prepared me for the dark, gloomy and sad day ahead of me. You see, this was the day that my cousin and childhood best friend passed away in an auto accident. Bright, intelligent, loving and caring 16 year old, these are words to describe her but let me to you how I seen her. From as early as I can remember her and I we... Personal Narrative: Goodbye My Best Friend Essay -- essays research pa Goodbye It is amazing how many things we take for granted. We make plans for the day, and don't think twice about how those plans can be taken away in the blink of an eye. I never thought much about it myself, until I was faced with the shock, and undeniable truth of my cousin's death. I don't think anyone really thinks about tragedy until they are actually faced with shocking news. It was a bright and warm summer morning when I woke from a good night sleep. Nothing prepared me for the dark, gloomy and sad day ahead of me. You see, this was the day that my cousin and childhood best friend passed away in an auto accident. Bright, intelligent, loving and caring 16 year old, these are words to describe her but let me to you how I seen her. From as early as I can remember her and I we...

A Game of Thrones Chapter Fifty-eight

Eddard The straw on the floor stank of urine. There was no window, no bed, not even a slop bucket. He remembered walls of pale red stone festooned with patches of nitre, a grey door of splintered wood, four inches thick and studded with iron. He had seen them, briefly, a quick glimpse as they shoved him inside. Once the door had slammed shut, he had seen no more. The dark was absolute. He had as well been blind. Or dead. Buried with his king. â€Å"Ah, Robert,† he murmured as his groping hand touched a cold stone wall, his leg throbbing with every motion. He remembered the jest the king had shared in the crypts of Winterfell, as the Kings of Winter looked on with cold stone eyes. The king eats, Robert had said, and the Hand takes the shit. How he had laughed. Yet he had gotten it wrong. The king dies, Ned Stark thought, and the Hand is buried. The dungeon was under the Red Keep, deeper than he dared imagine. He remembered the old stories about Maegor the Cruel, who murdered all the masons who labored on his castle, so they might never reveal its secrets. He damned them all: Littlefinger, Janos Slynt and his gold cloaks, the queen, the Kingslayer, Pycelle and Varys and Ser Barristan, even Lord Renly, Robert's own blood, who had run when he was needed most. Yet in the end he blamed himself. â€Å"Fool,† he cried to the darkness, â€Å"thrice-damned blind fool.† Cersei Lannister's face seemed to float before him in the darkness. Her hair was full of sunlight, but there was mockery in her smile. â€Å"When you play the game of thrones, you win or you die,† she whispered. Ned had played and lost, and his men had paid the price of his folly with their life's blood. When he thought of his daughters, he would have wept gladly, but the tears would not come. Even now, he was a Stark of Winterfell, and his grief and his rage froze hard inside him. When he kept very still, his leg did not hurt so much, so he did his best to lie unmoving. For how long he could not say. There was no sun and no moon. He could not see to mark the walls. Ned closed his eyes and opened them; it made no difference. He slept and woke and slept again. He did not know which was more painful, the waking or the sleeping. When he slept, he dreamed: dark disturbing dreams of blood and broken promises. When he woke, there was nothing to do but think, and his waking thoughts were worse than nightmares. The thought of Cat was as painful as a bed of nettles. He wondered where she was, what she was doing. He wondered whether he would ever see her again. Hours turned to days, or so it seemed. He could feel a dull ache in his shattered leg, an itch beneath the plaster. When he touched his thigh, the flesh was hot to his fingers. The only sound was his breathing. After a time, he began to talk aloud, just to hear a voice. He made plans to keep himself sane, built castles of hope in the dark. Robert's brothers were out in the world, raising armies at Dragonstone and Storm's End. Alyn and Harwin would return to King's Landing with the rest of his household guard once they had dealt with Ser Gregor. Catelyn would raise the north when the word reached her, and the lords of river and mountain and Vale would join her. He found himself thinking of Robert more and more. He saw the king as he had been in the flower of his youth, tall and handsome, his great antlered helm on his head, his warhammer in hand, sitting his horse like a horned god. He heard his laughter in the dark, saw his eyes, blue and clear as mountain lakes. â€Å"Look at us, Ned,† Robert said. â€Å"Gods, how did we come to this? You here, and me killed by a pig. We won a throne together . . . â€Å" I failed you, Robert, Ned thought. He could not say the words. I lied to you, hid the truth. I let them kill you. The king heard him. â€Å"You stiff-necked fool,† he muttered, â€Å"too proud to listen. Can you eat pride, Stark? Will honor shield your children?† Cracks ran down his face, fissures opening in the flesh, and he reached up and ripped the mask away. It was not Robert at all; it was Littlefinger, grinning, mocking him. When he opened his mouth to speak, his lies turned to pale grey moths and took wing. Ned was half-asleep when the footsteps came down the hall. At first he thought he dreamt them; it had been so long since he had heard anything but the sound of his own voice. Ned was feverish by then, his leg a dull agony, his lips parched and cracked. When the heavy wooden door creaked open, the sudden light was painful to his eyes. A gaoler thrust a jug at him. The clay was cool and beaded with moisture. Ned grasped it with both hands and gulped eagerly. Water ran from his mouth and dripped down through his beard. He drank until he thought he would be sick. â€Å"How long . . . ?† he asked weakly when he could drink no more. The gaoler was a scarecrow of a man with a rat's face and frayed beard, clad in a mail shirt and a leather half cape. â€Å"No talking,† he said as he wrenched the jug from Ned's hands. â€Å"Please,† Ned said, â€Å"my daughters . . . † The door crashed shut. He blinked as the light vanished, lowered his head to his chest, and curled up on the straw. It no longer stank of urine and shit. It no longer smelled at all. He could no longer tell the difference between waking and sleeping. The memory came creeping upon him in the darkness, as vivid as a dream. It was the year of false spring, and he was eighteen again, down from the Eyrie to the tourney at Harrenhal. He could see the deep green of the grass, and smell the pollen on the wind. Warm days and cool nights and the sweet taste of wine. He remembered Brandon's laughter, and Robert's berserk valor in the melee, the way he laughed as he unhorsed men left and right. He remembered Jaime Lannister, a golden youth in scaled white armor, kneeling on the grass in front of the king's pavilion and making his vows to protect and defend King Aerys. Afterward, Ser Oswell Whent helped Jaime to his feet, and the White Bull himself, Lord Commander Ser Gerold Hightower, fastened the snowy cloak of the Kingsguard about his shoulders. All six White Swords were there to welcome their newest brother. Yet when the jousting began, the day belonged to Rhaegar Targaryen. The crown prince wore the armor he would die in: gleaming black plate with the three-headed dragon of his House wrought in rubies on the breast. A plume of scarlet silk streamed behind him when he rode, and it seemed no lance could touch him. Brandon fell to him, and Bronze Yohn Royce, and even the splendid Ser Arthur Dayne, the Sword of the Morning. Robert had been jesting with Jon and old Lord Hunter as the prince circled the field after unhorsing Ser Barristan in the final tilt to claim the champion's crown. Ned remembered the moment when all the smiles died, when Prince Rhaegar Targaryen urged his horse past his own wife, the Dornish princess Elia Martell, to lay the queen of beauty's laurel in Lyanna's lap. He could see it still: a crown of winter roses, blue as frost. Ned Stark reached out his hand to grasp the flowery crown, but beneath the pale blue petals the thorns lay hidden. He felt them clawing at his skin, sharp and cruel, saw the slow trickle of blood run down his fingers, and woke, trembling, in the dark. Promise me, Ned, his sister had whispered from her bed of blood. She had loved the scent of winter roses. â€Å"Gods save me,† Ned wept. â€Å"I am going mad.† The gods did not deign to answer. Each time the turnkey brought him water, he told himself another day had passed. At first he would beg the man for some word of his daughters and the world beyond his cell. Grunts and kicks were his only replies. Later, when the stomach cramps began, he begged for food instead. It made no matter; he was not fed. Perhaps the Lannisters meant for him to starve to death. â€Å"No,† he told himself. If Cersei had wanted him dead, he would have been cut down in the throne room with his men. She wanted him alive. Weak, desperate, yet alive. Catelyn held her brother; she dare not kill him or the Imp's life would be forfeit as well. From outside his cell came the rattle of iron chains. As the door creaked open, Ned put a hand to the damp wall and pushed himself toward the light. The glare of a torch made him squint. â€Å"Food,† he croaked. â€Å"Wine,† a voice answered. It was not the rat-faced man; this gaoler was stouter, shorter, though he wore the same leather half cape and spiked steel cap. â€Å"Drink, Lord Eddard.† He thrust a wineskin into Ned's hands. The voice was strangely familiar, yet it took Ned Stark a moment to place it. â€Å"Varys?† he said groggily when it came. He touched the man's face. â€Å"I'm not . . . not dreaming this. You're here.† The eunuch's plump cheeks were covered with a dark stubble of beard. Ned felt the coarse hair with his fingers. Varys had transformed himself into a grizzled turnkey, reeking of sweat and sour wine. â€Å"How did you . . . what sort of magician are you?† â€Å"A thirsty one,† Varys said. â€Å"Drink, my lord.† Ned's hands fumbled at the skin. â€Å"Is this the same poison they gave Robert?† â€Å"You wrong me,† Varys said sadly. â€Å"Truly, no one loves a eunuch. Give me the skin.† He drank, a trickle of red leaking from the corner of his plump mouth. â€Å"Not the equal of the vintage you offered me the night of the tourney, but no more poisonous than most,† he concluded, wiping his lips. â€Å"Here.† Ned tried a swallow. â€Å"Dregs.† He felt as though he were about to bring the wine back up. â€Å"All men must swallow the sour with the sweet. High lords and eunuchs alike. Your hour has come, my lord.† â€Å"My daughters . . . â€Å" â€Å"The younger girl escaped Ser Meryn and fled,† Varys told him. â€Å"I have not been able to find her. Nor have the Lannisters. A kindness, there. Our new king loves her not. Your older girl is still betrothed to Joffrey. Cersei keeps her close. She came to court a few days ago to plead that you be spared. A pity you couldn't have been there, you would have been touched.† He leaned forward intently. â€Å"I trust you realize that you are a dead man, Lord Eddard?† â€Å"The queen will not kill me,† Ned said. His head swam; the wine was strong, and it had been too long since he'd eaten. â€Å"Cat . . . Cat holds her brother . . . â€Å" â€Å"The wrong brother,† Varys sighed. â€Å"And lost to her, in any case. She let the Imp slip through her fingers. I expect he is dead by now, somewhere in the Mountains of the Moon.† â€Å"If that is true, slit my throat and have done with it.† He was dizzy from the wine, tired and heartsick. â€Å"Your blood is the last thing I desire.† Ned frowned. â€Å"When they slaughtered my guard, you stood beside the queen and watched, and said not a word.† â€Å"And would again. I seem to recall that I was unarmed, unarmored, and surrounded by Lannister swords.† The eunuch looked at him curiously, tilting his head. â€Å"When I was a young boy, before I was cut, I traveled with a troupe of mummers through the Free Cities. They taught me that each man has a role to play, in life as well as mummery. So it is at court. The King's Justice must be fearsome, the master of coin must be frugal, the Lord Commander of the Kingsguard must be valiant . . . and the master of whisperers must be sly and obsequious and without scruple. A courageous informer would be as useless as a cowardly knight.† He took the wineskin back and drank. Ned studied the eunuch's face, searching for truth beneath the mummer's scars and false stubble. He tried some more wine. This time it went down easier. â€Å"Can you free me from this pit?† â€Å"I could . . . but will I? No. Questions would be asked, and the answers would lead back to me.† Ned had expected no more. â€Å"You are blunt.† â€Å"A eunuch has no honor, and a spider does not enjoy the luxury of scruples, my lord.† â€Å"Would you at least consent to carry a message out for me?† â€Å"That would depend on the message. I will gladly provide you with paper and ink, if you like. And when you have written what you will, I will take the letter and read it, and deliver it or not, as best serves my own ends.† â€Å"Your own ends. What ends are those, Lord Varys?† â€Å"Peace,† Varys replied without hesitation. â€Å"If there was one soul in King's Landing who was truly desperate to keep Robert Baratheon alive, it was me.† He sighed. â€Å"For fifteen years I protected him from his enemies, but I could not protect him from his friends. What strange fit of madness led you to tell the queen that you had learned the truth of Joffrey's birth?† â€Å"The madness of mercy,† Ned admitted. â€Å"Ah,† said Varys. â€Å"To be sure. You are an honest and honorable man, Lord Eddard. Ofttimes I forget that. I have met so few of them in my life.† He glanced around the cell. â€Å"When I see what honesty and honor have won you, I understand why.† Ned Stark laid his head back against the damp stone wall and closed his eyes. His leg was throbbing. â€Å"The king's wine . . . did you question Lancel?† â€Å"Oh, indeed. Cersei gave him the wineskins, and told him it was Robert's favorite vintage.† The eunuch shrugged. â€Å"A hunter lives a perilous life. If the boar had not done for Robert, it would have been a fall from a horse, the bite of a wood adder, an arrow gone astray . . . the forest is the abbatoir of the gods. It was not wine that killed the king. It was your mercy.† Ned had feared as much. â€Å"Gods forgive me.† â€Å"If there are gods,† Varys said, â€Å"I expect they will. The queen would not have waited long in any case. Robert was becoming unruly, and she needed to be rid of him to free her hands to deal with his brothers. They are quite a pair, Stannis and Renly. The iron gauntlet and the silk glove.† He wiped his mouth with the back of his hand. â€Å"You have been foolish, my lord. You ought to have heeded Littlefinger when he urged you to support Joffrey's succession.† â€Å"How . . . how could you know of that?† Varys smiled. â€Å"I know, that's all that need concern you. I also know that on the morrow the queen will pay you a visit.† Slowly Ned raised his eyes. â€Å"Why?† â€Å"Cersei is frightened of you, my lord . . . but she has other enemies she fears even more. Her beloved Jaime is fighting the river lords even now. Lysa Arryn sits in the Eyrie, ringed in stone and steel, and there is no love lost between her and the queen. In Dorne, the Martells still brood on the murder of Princess Elia and her babes. And now your son marches down the Neck with a northern host at his back.† â€Å"Robb is only a boy,† Ned said, aghast. â€Å"A boy with an army,† Varys said. â€Å"Yet only a boy, as you say. The king's brothers are the ones giving Cersei sleepless nights . . . Lord Stannis in particular. His claim is the true one, he is known for his prowess as a battle commander, and he is utterly without mercy. There is no creature on earth half so terrifying as a truly just man. No one knows what Stannis has been doing on Dragonstone, but I will wager you that he's gathered more swords than seashells. So here is Cersei's nightmare: while her father and brother spend their power battling Starks and Tullys, Lord Stannis will land, proclaim himself king, and lop off her son's curly blond head . . . and her own in the bargain, though I truly believe she cares more about the boy.† â€Å"Stannis Baratheon is Robert's true heir,† Ned said. â€Å"The throne is his by rights. I would welcome his ascent.† Varys tsked. â€Å"Cersei will not want to hear that, I promise you. Stannis may win the throne, but only your rotting head will remain to cheer unless you guard that tongue of yours. Sansa begged so sweetly, it would be a shame if you threw it all away. You are being given your life back, if you'll take it. Cersei is no fool. She knows a tame wolf is of more use than a dead one.† â€Å"You want me to serve the woman who murdered my king, butchered my men, and crippled my son?† Ned's voice was thick with disbelief. â€Å"I want you to serve the realm,† Varys said. â€Å"Tell the queen that you will confess your vile treason, command your son to lay down his sword, and proclaim Joffrey as the true heir. Offer to denounce Stannis and Renly as faithless usurpers. Our green-eyed lioness knows you are a man of honor. If you will give her the peace she needs and the time to deal with Stannis, and pledge to carry her secret to your grave, I believe she will allow you to take the black and live out the rest of your days on the Wall, with your brother and that baseborn son of yours.† The thought of Jon filled Ned with a sense of shame, and a sorrow too deep for words. If only he could see the boy again, sit and talk with him . . . pain shot through his broken leg, beneath the filthy grey plaster of his cast. He winced, his fingers opening and closing helplessly. â€Å"Is this your own scheme,† he gasped out at Varys, â€Å"or are you in league with Littlefinger?† That seemed to amuse the eunuch. â€Å"I would sooner wed the Black Goat of Qohor. Littlefinger is the second most devious man in the Seven Kingdoms. Oh, I feed him choice whispers, sufficient so that he thinks I am his . . . just as I allow Cersei to believe I am hers.† â€Å"And just as you let me believe that you were mine. Tell me, Lord Varys, who do you truly serve?† Varys smiled thinly. â€Å"Why, the realm, my good lord, how ever could you doubt that? I swear it by my lost manhood. I serve the realm, and the realm needs peace.† He finished the last swallow of wine, and tossed the empty skin aside. â€Å"So what is your answer, Lord Eddard? Give me your word that you'll tell the queen what she wants to hear when she comes calling.† â€Å"If I did, my word would be as hollow as an empty suit of armor. My life is not so precious to me as that.† â€Å"Pity.† The eunuch stood. â€Å"And your daughter's life, my lord? How precious is that?† A chill pierced Ned's heart. â€Å"My daughter . . . â€Å" â€Å"Surely you did not think I'd forgotten about your sweet innocent, my lord? The queen most certainly has not.† â€Å"No,† Ned pleaded, his voice cracking. â€Å"Varys, gods have mercy, do as you like with me, but leave my daughter out of your schemes. Sansa's no more than a child.† â€Å"Rhaenys was a child too. Prince Rhaegar's daughter. A precious little thing, younger than your girls. She had a small black kitten she called Balerion, did you know? I always wondered what happened to him. Rhaenys liked to pretend he was the true Balerion, the Black Dread of old, but I imagine the Lannisters taught her the difference between a kitten and a dragon quick enough, the day they broke down her door.† Varys gave a long weary sigh, the sigh of a man who carried all the sadness of the world in a sack upon his shoulders. â€Å"The High Septon once told me that as we sin, so do we suffer. If that's true, Lord Eddard, tell me . . . why is it always the innocents who suffer most, when you high lords play your game of thrones? Ponder it, if you would, while you wait upon the queen. And spare a thought for this as well: The next visitor who calls on you could bring you bread and cheese and the milk of the poppy for your pain . . . or he could bring you Sansa's head. â€Å"The choice, my dear lord Hand, is entirely yours.†

Operating Cycle

OPERATING CYCLE The way working capital moves around the business is modeled by the working capital cycle. This shows the cash coming into the business,what happens to it while the business has it and then where it goes. the term operating cycle otherwise known as â€Å"cash cycle†. In order to earn sufficient profits,a firm has to depend on its sales activities apart from others. The continuing flow from cash to suppliers,to investors,to debtors and back in cash. The time gap is technically termed as operating cycle. In other words,the duration of the time required to complete the following sequence of events,in case of a manufacturing firm,Is called operating cycle. 1)Conversion of cash into raw materials 2)Conversion of raw materials into work-in-progress 3)conversion of work-in-progress into finished goods 4)conversion of finished goods in debtors 5)conversion of debtors to cash Bewteen each stage of this working capital cycle there is time delay. For some business this will be very long where it takes them a long time to make and sell the product. They will need a substantial amount of working capital to survive. Others though may receive their cash very quickly after paying out for raw materials etc. They will need less working capital. For all businesses though they need to plan how much cash they are going to have. The best way of doing this is a CASH FLOW FORECAST. WORKING CAPITAL CYCLE From the above chart,it can be observed that the firm’s liquidity of a minifacturing firm depends an operating cycle involved in the conversion process from raw materials into finished goods and then sales into cash. In case of non-maifacturing firms,the operating cycle will include the length of the time required to convert: )Cash into inventories b)Inventories into debtors c)debtors nto cash To determine the operating cycle period,time lag associated with all the individual activities of working cycle are to be determined first. Then summing up all the individual time lags working capital cycle is to be ascertained. Determine of individual time lags are shown as follows Raw Materials Conversion Pe riod The RMCP denotes the period for which the raw materials are generally are kept in stores before it is issued to the production department. It is calculated as : RMCP= Average inventory of raw materials and stores †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Averahe daily consumption of raw materials Work-In-Progress conversion period(WPCP) It refers to the period for which the raw materials remain in the production process before it is taken out as finished products. WPCP being done in the following ways : WPCP= Average work-in-progress †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Average daily factory cost of production Finished Goods Conversion Period(FGCP) It refers to the period for which finished goods remain in stores before being sld to the customers. It is measured as : F GCP= Average stock of finished goods †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Average cost of goods sold per days Receiveable Collection Period(RCP) It is the time required to convert the credit sales into cash realizations,i. e. , the time allowed to debtors after credit sales for making the payment. RCP= Average debtors †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Average daily credit sales Payment Deferral Period(PDP) The firm may get sum credit facilities from the suppliers of raw materials,wage earners etc. As the firm enjoys credit,this period has the effect of the reducing money lock period in the operating cycle. CPP= Average creditors †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Average daily credit purchase COMPUTATION OF WORKING CAPITAL IN BIRLA CORPORATION LIMITED (Rs. In lakh) As on 31. 3. 08 As at 31. 3. 07 As at 31. 3. 06 CURRENT ASSET Inventories 20044. 82 14258. 83 10572. 33 Sundry debtors 3171. 25 2722. 47 2248. 22 Cash and Bank 3135. 65 3439. 42 5922. 59 Balances Other Current 28. 38 Assets Loans and 47311. 7 30525. 34 12442. 01 Advances †¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ TOTAL 73662. 99 50946. 06 31213. 53 LESS-CURRENT LIABILITIES AND PROVISIONS Current Liabilities 30109. 32 24092. 95 25753. 21 Provision 73662. 99 19215. 28 4489. 21 NET WORKING CAPITAL 8246. 75 7637. 83 971. 11 [pic][pic][pic]PLEASE DO THIS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Importance of Working Capital Ratios Ratio analysis can be used by financial executives to check upon the efficiency with which working capital is being used in the enterprise. The following are the important ratios to measure the efficiency of working capital. The following, easily calculated, ratios are important measures of working capital utilization. |RATIO |FORMULAE |RESULT |INTERPRETATION | |Stock Turnover |Average Stock * |= x days |On average, you turn over the value of your entire stock | |(in days) 365/ | |every x days. You may need to break this down into | | |Cost of Goods Sold | |product groups for effective stock management. | | | | |Obsolete stock, slow moving lines will extend overall stock | | | | |turnover days. Faster production, fewer product lines, just | | | | |in time ordering will reduce average days. | |Receivables |Debtors * 365/ |= x days |It takes you on average x days to collect monies due to | |Ratio |Sales | |you. If your official credit terms are 45 day and it takes | |(in days) | | |you 65 days. | | | |One or more large or slow debts can drag out the average | | | | |days. Effective debtor management will minimize the | | | | |days. | |Payables Ratio |Creditors * 365/ |= x days |On average, you pay your suppliers every x days. If you | |(in days) |Cost of Sales (or | |negotiate better credit terms this will increase. If you pay | | |Purchases) | |earlier, say, to get a discount this will decline. If you simply | | | | |defer paying your suppliers (without agreement) this will | | | | |also increase – but your reputation, the quality of service | | | | |and any flexibility provided by your suppliers may suffer. |Current Ratio |Total Current |= x times |Current Assets are assets that you can readily turn in to | | |Assets/ | |cash or will do so within 12 months in the course of | | |Total Current | |business. Current Liabilities are mount you are due to | | |Liabilities | |pay within the coming 12 months. For example, 1. 5 times | | | | |means that you should be able to lay your hands on $1. 50 | | | | |for every $1. 00 you owe. Less than 1 times e. g. 0. 5 | | | | |means that you could have liquidity problems and be | | | | |under pressure to generate sufficient cash to meet | | | | |oncoming demands. | |Quick Ratio |(Total Current |= x times |Similar to the Current Ratio but takes account of the fact | | |Assets – Inventory)/ | |that it may take time to convert inventory into cash. | |Total Current | | | | |Liabilities | | | |Working |(Inventory + |As % |A high percentage means that working capital needs are | |Capital Ratio |Receivables – |Sales |high relative to your sales. | |Payables)/ | | | | |Sales | | | A measure of both company’s efficiency and its short-term financial health. The working capital ratio. The working capital ratio is calculated as: Positive working capital means that the company is able to pay off its short-term liabilities. Negative working capital means that a company currently is unable to meet its short term liabilities with its current assets(cash,accounts receiveable,inventory). If a company’s current asset do not exceed its current liabilities,then it may run into trouble paying back creditors in the short term. The worst case scenario is bankruptcy. A dceclining working capital ratio over a longer time period could be that the companys sale volumes are decreasing,and as a result,its accounts receiveables number continues to get smaller and smaller. Working capital also gives investors an idea of the company’s underlying operational efficiency . Money that is tied up in inventory or moey that customers still owe to the company cannot be used to pay off any of the company’s obligations. So if a company is not operating in the most efficient manner(slow collection),it will show up as an increase in the working capital. athis can be seen by comparing the wotking captal from one period to another;skow collection may signalan underlying problem in the company’s operations. FOR LIQUIDITY POSITION As on 31. 03. 08 As on 31. 03. 07 As on 31. 03. 07 Current ratio 1. 13 1. 18 1. 3 [pic] INTERPRETATION This ratio reflects the financial stability of the enterprise. The standard of the normal ratio is 2:1 but in most of companies standard is taken according to Tandon Committee which is taken as 1. 33:1. Now if we analyze the three years data it can be predicted that it holds a stable position all through out period but it is seen that it holds a low position than the standard one and the company is required to improve its p osition. As on 31. 03. 08 As on 31. 03. 07 As on 31. 03. 07 Quick ratio 0. 82 0. 84 0. 68 [pic] INTERPRETATION It is the ratio between quick liquid assets and quick liabilities. The normal value for such ratio is taken to be 1:1. It is used as an assessment tool for testing the liquidity position of the firm. It indicates the relationship between strictly liquid assets whose realizable value is almost certain on one hand and strictly liquid liabilities on the other hand. Liquid assets comprise all current assets minus stock. By analyzing the three years data it can be said that its position was weak in the year 2006 but itimproved significantly in the next two years and was stable during that year. But it is to be said thatit does not meet with the standard but in the year 2007 & 2008 it was very close to the standardand it can be said that its liquidity position on an average is stable. As on 31. 03. 08 As on 31. 03. 07 As on 31. 03. 07 Working capital ratio 0. 06 0. 07 0. 01 [pic] INTERPRETATION This ratio indicates whether the investments in current assets or net current assets ( i. e. , working capital ) have been properly utilized. In order words it shows the relationship between sales and working capital. Higher the ratio lower is the investment in working capital and higher is the profitability. But too high ratio indicates over trading. This ratio is an important indicator about the working capital position. Now if we analyze the three years data, we find that it follows an increasing trend which means that its investment in working capital is lower and the company is utilizing more of its profit. But we find that ratio is increasing at a very fast rate which is not a good sign for the company and the company is required to look into these matters closely. FOR PRFITABILITY POSITION As on 31. 03. 8 As on 31. 03. 07 As on 31. 03. 07 Gross profit ratio 34. 36% 31. 40% 14. 67% [pic] INTERPRETATION The gross profit margin reflects the efficiency with which management produces each unit of the product. This ratio of the gross profit to net sales of the business. This ratio gives information about the movement of stock and earning capacity of the business. A high gross profit margin ratio is a sign of good management. it increases higher sale price. As on 31. 03. 08 As on 31. 03. 07 As on 31. 03. 07 Net profit ratio 22. 2% 20. 82% 10. 35% [pic] INTERPRETATION A net profit ratio establishes a relationship between net profit and sales and indicates management efficiency in manufacturing,administrating and selling the products. The ratio is very helpful for measuring the profitability of the business. If the net froit margin is inadequate,the firm will fail to achieve satisfactory return on shareholders fund. As on 31. 03. 08 As on 31. 03. 07 As on 31. 03. 07 Oprating profit ratio 19% 16. 27% 3.. 50% [pic] INTERPRETATION The ratio shows the relation between the entire operating cost and net sales. It indicates the efficiency of the management in operating the business. FOR MANAGEMENT EFFICIENCY As on 31. 03. 08 As on 31. 03. 07 As on 31. 03. 07 Debtors turnover ratio 5. 72 days 5. 53 days 5. 79days [pic] Debtors turnover indicates the number of times of debtors turnover each year. generally the higher value of debtors turnover,the more efficiency in management credit. the shorter the average collection period,the better the quality of debtors. A short collection period implies the prompt payments by debtors. As on 31. 03. 08 As on 31. 03. 07 As on 31. 03. 07 CREDITORS TURNOVER 3. 96 days 4. 54 days 7. 72 days RATIO [pic] The ratio reveals the number of days the business or the company enjoys as credit period from its sundry creditors. A very largr credit period in this case indicates over-trading by the company. CALCULATION F MAXIMUM PERMISSABLE BANK FINANCE (MPBP) IN THE YEAR 2008 CURRENT ASSET,LOANS AND ADVANCES Inventories 20044. 82 Sundry debtors 3171. 5 Cash and bank 3135. 65 Loans and advances 47311. 27 Total 73662. 99 CURRENT LIABILITIES AND PROVISION Current liabilities 30109. 32 Provision 35306. 92 Total 65416. 24 Working capital=current assets – current liabilities = 73662. 99 – 65416. 24 = 8246. 75 Own contribution= 25% of working capital = 25% of 8246. 75 = 2061. 68 MPBF = 8246. 75 – 2061. 68 = 6185. 07