Sunday, August 23, 2020
Analysis of Capital Budgeting Practices
3 Steps to Acing Your Upcoming Group Interview You’ve been approached in for a board meet. Perhaps you’re threatened. Perhaps frightened. Possibly you’re not even sure you comprehend what that really involves. Whatever your degree of fear, here are three simple strides to traversing your board meet tranquilly and in one piece. Stage 1: BEFOREYou reserve the privilege to ask who will be on your board. Do this. At that point inquire about each board part as well as could be expected. You’ll have the option to make sense of a considerable amount and get ready better for what each may be generally quick to ask you. What does this specific gathering of individuals educate you regarding what the organization is attempting to assess?You can likewise ask to what extent (generally) the meeting should last. This will give you a nice sentiment for what amount to and fro conversation will be conceivable, how much space you’ll be given to pose inquiries, to what extent your answers can be, etc.Step 2: DURING Treat every individual on the board like an individual not simply one more anonymous face. This isn't an indifferent divider asking you inquiries. Every questioner on your board is another chance to make a human association and persuade that a lot more individuals in the organization what an extraordinary fit you would be.Be sure to observe everybody’s name as they are presented. Record every one if that causes you recall. When responding to questions, talk straightforwardly to the person who asked, yet then attempt to widen your answer out to cause the remainder of the board to feel remembered for the discussion.Step 3: AFTERYou’ve took in their names and put forth an attempt to interface with each board part presently thank every single one of them earnestly withâ solid eye to eye connection and a quality handshake. From that point forward, it’s the typical post-meet follow-up methodology. Be that as it may, recall that you have to keep in touch with one card to say thanks for each board part. It appears to be a torment, however it’s these little contacts that will help set you apart.The board talk with: 6 hints for previously, during, and after
Saturday, August 22, 2020
Contemporary Developments in Business and Management Dissertation
Contemporary Developments in Business and Management - Dissertation Example The devoted food administration specialist, culinary expert or director, quite often sees it as a fulfilling, deep rooted profession. Therefore, such huge numbers of cookbooks composed by these culinary specialists have been distributed and practically every one of them whoop and announce their affection for this craftsmanship as though they have at long last found their nirvana. To the nutritionist, be that as it may, food is viewed as a methods for treatment and in medical clinics, food is one methods for accomplishing recuperation to wellbeing. Other than monetary prizes, running a café provides for its proprietor another high for example the chance to meet a wide range of individuals and to fulfill their palates by means of the utilization of their culinary abilities. The café business can be monetarily fulfilling if the restaurateur comes to it arranged with all the information and preparing and the administration aptitudes winnowed from long periods of scholastic preparing in the executives or hands-on-preparing on a similar business. Such huge numbers of café business visionaries have discovered their pot of gold in this business with the impact that bunches of others are urged to go with the same pattern. According to the National Restaurant Association information, the business is involved generally of independent ventures. There were very nearly 731,000 areas offering food administration in the USA starting at 1993. It is evaluated that practically 50% of all grown-ups are food administration supporters on an average day, and over 43% of the shoppers' food dollar goes to dinners and snacks from home. The business is a significant boss in excess of 9 million are utilized in food administration, and work is relied upon to reach more than 12 million continuously 2005. In 1993, deals of cafés of numerous types bested $236 billion (Alonzo 1996, p. v).
Friday, August 21, 2020
Comparing the Two Versions of To Build a Fire Essay -- comparison comp
Contrasting the Two Versions of With Build a Fire I am totally sure that past the theme itself, there is no similitude of treatment whatever (544). Jack London, writing in December 1908, was reacting to a request from the Richard W. Gilder, proofreader of Century Magazine. Gilder, having quite recently distributed To Build a Fire in his magazine, was stressed when he went over another form distributed 6 years sooner. London's clarification was that the principal story was for young men and the enhanced one was for men; the main likeness being simply the theme. Through cautious investigation of the two stories, considering this letter to Gilder, and another letter to Cloudesly Johns, it is clear that despite the fact that London guarantees no likenesses (other than the theme), they unquestionably exist. Before the similitudes are talked about, it is important to take a gander at the conspicuous contrasts that London clarifies are in the treatment (544). The 1902 form was distributed for young men, while the 1908 variant was distributed for men. London clarifies that the theme was extremely solid, however was exceptionally obvious (in the same place). It appears that he initially distributed it for young men as a kind of instructive story; showing the youths the threats of the chilly climate. Consequently, after Tom Vincent learns his exercise, he makes it to camp and doesn't get any genuine harm. Afterward, London was stressed that he had given the theme deficient treatment (on the same page). Along these lines, he took care of the theme once more, this time for men, including a canine for good measure. Since this story was intended for a more established crowd, points could be raised that weren't proper to be talked about in the first: the man thought about executing the canine and utilizing his body for warmth. Furthermore, the most obviou... ...story they are perusing. Jack London has composed an exemplary short story in the 1908 variant of To Build a Fire. This is the great story of man battling nature. In many sorts (for example films, books, short stories) the fundamental character ends up as the winner, anyway impossible that is. Jack London takes scholarly naturalism and shows the peruser how unmerciful nature is. Much like Stephen Crane in The Open Boat, where the one of the characters bites the dust, London doesn't get tied up with that must have a decent completion creation. Through investigation of two London's letters (to R.W. Gilder and Cloudesly Johns) these two renditions of To Build a Fire wake up with new significance. Despite the fact that there are numerous distinctions on a superficial level, the two stories utilize his way of thinking as communicated to Johns and both show an ethical exercise, one which won't before long be overlooked: Never travel alone.
Policy Essay Example | Topics and Well Written Essays - 2250 words
Arrangement - Essay Example Generally, externalities are the impacts of creation or utilization of items and the result is passed to the general public. Nonetheless, the general public has little to control these externalities. The main positive externality is innovative improvement. A few firms have been on the bleeding edge in putting resources into innovation. The organizations guarantee they have the best innovation to aid creation of their items. In that capacity, these items are improved to give extreme administrations to the individuals that need them. In such a position the organizations are going about as a positive accumulation to different firms. Different firms are probably going to profit by this innovative improvement (Barr, 45). When there is change in one firm’s innovation, different firms are probably going to benchmark this chance. All things considered, they will buy other hardware that complies with the expressed innovation. These businesses and firms will have an improved method of c reating items and they will stretch out the inspiration to different firms, which are not especially associated with the creation. When there is an improvement in innovation, there are different angles which are improved in the general public. For example, when there is improvement in innovation, it is viewed as that contamination is probably going to lessen. At the point when the contamination is diminished, there are different perspectives which are improved in the general public. For example, the general public doesn't feel the touch of breathing in clean air. In that capacity, their wellbeing status is kept up. This decreases any costs that are brought about by the general public as far as treatment for complexities in their wellbeing (Barr, 123). Likewise, it is ensured that there will be lower water contamination. All things considered, the general public will have better water administrations. The water contamination will be diminished in the general public, which gives the e ntire society clean water to utilize. It is obviously observed that the general public didn't cause any expenses in the procurement of innovation. Notwithstanding, they are improving water which is perfect and clean. The equivalent applies to different firms. At first, the organizations didn't bring about any expenses in getting data about the new innovation. Be that as it may, they are currently fit as a fiddle in forestalling contamination. A negative externality underway is contamination. Contamination is one of the most compromising viewpoints underway. During creation, numerous organizations breathe out and discharge grimy water and air. This filthy air and water effectsly affects the earth. To start with, messy air makes the earth unsavory to live in. This makes the life of others awkward. At the point when individuals are not living in an agreeable situation, it isn't engaging. In that capacity, the individuals should ensure they get answers for these issues that are incited by contamination from creation firms. Clearly, a few firms accept it as their own drive to stop contamination. This is a perfect methodology in halting contamination on the planet. At the point when all the organizations start methodologies that will decrease contamination, there is a probability of having a superior domain that isn't influenced by the negativities of contamination. It is a judicious methodology by the overseeing bodies to guarantee that contamination is diminished in the entire world. With mechanical improvement, researchers have thought about that contamination is one of the negative impacts on the planet (Barr, 65). For example, contamination is answerable for a worldwide temperature alteration. The a dangerous atmospheric devation impact has influenced numerous pieces of the world and they are searching for methodologies of diminishing its belongings to the world. This makes a situation
Saturday, July 11, 2020
Writing Great Essay Topics For Dar Good Citizen Award
Writing Great Essay Topics For Dar Good Citizen AwardIf you want to find essay topics that are a great fit for your Dar Good Citizen Award, you should begin by asking yourself where you would like to be in five years. If you feel a little uncertain about this part of the question, try writing a few sentences about how a certain task might help you in the future. For example, you might write, 'My goal is to improve my health by learning more about nutrition.' Or, 'My goal is to learn about health care policy and avoid unwanted health problems in the future.'The next part of the good citizen award essay topics is to look for topics that involve your personal growth or development. It can take several attempts to come up with the best essay topic for this section of the award. Some of the ideas to consider for this part include a concern for the environment, improving self-esteem, or a mission to better yourself or your community. When you begin looking for the topic for this section, k eep in mind that there may be additional essay topics for your award. If so, you will want to have all of the remaining essay topics ready before beginning your good citizen award essay.The third part of your topic is to keep in mind that you need to select a specific time frame for writing your essay. In many cases, you will want to include a timeline of when you were when you began to think about good citizenship. This could include one or two events in your life, or you might want to see how long it has been since you started studying your award. You might also want to know what the best time of year to submit your essay is.The fourth part of the good citizen award essay topics to choose is to look for a focus. This focus should be on the rewards you have received from your award. Perhaps you will want to write about the value of the award to your life as well as to your community. Some other great focus points include focusing on the benefits of your award, your contribution to your community, or the things you have learned while working towards your award.The final part of the good citizen essay topics is to focus on a helpful personal side of you. Perhaps you will write about how your award has given you the chance to meet and work with people you would never have met otherwise. Maybe you will look at the activities you have taken part in as a result of your award and see how much you have enjoyed them. You might even tell a little story about how you had a friend in nursing school who had a very important job with a very important organization. Once you have identified the purpose of your award, you will know what to focus on to make your essay topics stand out.You will probably want to continue to do research to make sure that your chosen award and essay topics fit with each other and with the other awards you have won. After all, not every essay topic is going to be a perfect fit for every award. However, you can use the information you gathered about your award and the other awards you have won as a guide to what works well with yours. Your research will also help you narrow down which essay topics to study more closely.The good citizen award essay topics you choose for your award should emphasize your personal growth, and should use a focus point to identify and reflect upon the best parts of your life. These essay topics will help you present yourself in the best possible light as a result of your award. With these tips in mind, you can learn how to find good essay topics that are suitable for your award.
Thursday, July 2, 2020
American Revolution. - 550 Words
American Revolution. (Essay Sample) Content: Surname 1 Student's Name: Class: Professor: Date: American Revolution The American Revolution originated from various acts of maltreatment by the Great Britain colonialists hence the act was justifiable and was not in any way an act of disloyalty to the kings. The revolution was highly propelled by the shooting of American protesters in the Boston Massacre. After a series of unrest in the region, the killers were arrested and arraigned in court to answer to charges of murder but were all released on the following day. Their release highly encouraged the revolution since the locals could not access justice against the colonialists hence they opted to fight for their rights. Apart from the massacre, there were also numerous reasons that were substantial for the revolution. These reasons included the king's refusal to assent certain laws that were proposed by the colonists for the interest of the public. Besides, the king warned his government representatives from passing laws of pressing importance, and this act was taken as a battle line between the colonialists and the colonists. The king also dissolved the representatives' houses frequently in attempts to eject the colonist house representatives who were perceived to be against the royal policies. The dissolving of the house obstructed the administration of justice for the locals and created avenues for oppression by the colonialists. Also, the performing judges acted on the will of the king; hence, it was difficult for the Americans to acquire justice as it was based on their originality thus the colonialists were favored against the Americans. Surname 2 Before the revolution, the Americans got more than they bargained for from the Great Britain. They had a ready market for their farm produce such as tobacco and cotton wool which were mainly bought by the Britain merchants. They also bought essential goods from the British merchants at relatively lower prices. For instance, the British merchants sold clothes, tea, hats, and farm tools to the Americans at affordable prices. However, British later breached their agreements with the thirteen colonies by imposing taxes on them. These taxes were supposed to fund the British government ad assist in paying off their debts. According to The Gilder Lehrman Institute of American History (/history-by-era/thirteen-colonies), the post-revolutionary benefits varied from land ownership by the American people and mobility. The colonies ...
Wednesday, May 20, 2020
Should Abortion Be Legal - 1452 Words
Travis Lignell Argumentative Essay 04/28/2015 With forty five million abortions per year worldwide, the abortion debate is full of what people consider being right or wrong, or whether deliberately terminating a pregnancy before the birth of the child is in essence, murder. (6) Abortion is an extremely painful topic for both men and women who have put themselves in the situation of whether or not to end a pregnancy. It is one of the most polarizing moral issues and most people are very strong opinionated on one side or the other, with very few people considering themselves undecided. Twenty-one percent of all pregnancy’s end in abortion (8), and I will argue that abortion should be illegal, with exception to those who are victims of rape or incest. My opponent made many excellent arguments about why abortion should be illegal. First, he stated that even in cases where the mother has been raped, she should still deliver the baby. Second, he argued, that the mental health of the mother, while important, should not come bef ore the life of the fetus due to the fact it is not the baby’s fault of how it has been brought into this world. He argued that the life of the baby should not be sacrificed for any reason. However, in this essay I will argue that my opponent, while right on many levels, should not illegalize abortion entirely, but should in fact allow abortion when the circumstances result in unwanted pregnancy due to rape or incest. According to the fact sheet doneShow MoreRelatedAbortion Should Not Be Legal1647 Words  | 7 PagesOne of the most highly debated topics is abortion and whether or not it should be legal. People who oppose abortion, meaning they are pro-life claim that abortion should be completely illegal with no aspects of it whatsoever; it can be a murder for the people standing against it. The other side of the argument, meaning people who are pro-choice, defend it by believing it to be a right been given to the women. They also claim even if abortion was to be illegal, it would still be practiced. EveryRead MoreAbortion Should Not Be Legal920 Words  | 4 Pagesworld has struggled with for ages and one thing that people are advocating around the world for is abortion. Abortion is either a procedure or pill that stops a fetus s heart. Abortion should not be legal because life beings at creation, abortions are a direct violation of the 14th amendment, and thousands of people would love to adopt a child: handicapped or otherwise. Abortion should not be legal because life begins at creation. What is creation? Some people say conception, but it actually isRead MoreShould Abortion Be Legal?1320 Words  | 6 PagesAbortion, as you all may know, is a really popular topic. There have long been many debates between the two groups, pro-life and pro-choice. People who are pro-life believe that part of the government’s job is to protect all forms of human life. Those who are pro-choice believe that every individual should have control over their own reproductive systems. Pro-life supporters strongly believe that even an undeveloped fetus has life; it is still growing and it needs to be protected. And this soundsRead MoreShould Abortion Be Legal?1217 Words  | 5 PagesNovember 2015 Should Abortion be Legal Among all the issues that have been fought for or against in the United States, abortion may be one of the most popular issues that Americans are passionate about. Abortion is defined as the removal of the embryo or fetus from the uterus in order to end a pregnancy. Thousands of abortions take place every single day, and yet public opinion remains at a standstill as to whether or not abortion is ethical. Everyone holds different opinions on abortion. The proponentsRead MoreAbortion Should Not Be Legal Essay1596 Words  | 7 Pages Abortions have been performed on women for thousands of years. Abortion is the deliberate termination of a human pregnancy. Most often it is performed during the first 20 weeks of being pregnant. The controversy over whether or not abortion should be legal continues to divide Americans till this day. An important landmark case was the Roe v. Wade case, where the Court argued that the zone of privacy was broad enough to encompass a woman s decision whether or not to terminateRead MoreShould Abortion Be Legal? Essay1089 Words  | 5 PagesWhen the word abortion is heard, it is always associated with many negative things such as murder and inhumanity. However not legalizing abortion creates a huge problem for women around the world. Having a child takes consideration, planning and preparation and if pregnancy happens without any of this, why bother to have it at all? The reasons why abortion should be legal is that it supports the fundamental human rights for women by giving them a choice, it reduces crime by reducing the number ofRead MoreShould Abortion Be Legal?1135 Words  | 5 PagesKelsi Hodgkin Composition 1 Professor Chipps 19 October 2015 Should Abortion Be Legal A common debate in the world today involves abortion, the deliberate end of human pregnancy, and whether or not it should be legalized. â€Å"Every year in the world there are an estimated 40-50 million abortions. This corresponds to approximately 125,000 abortions per day†(â€Å"Abortions Worldwide this Year†). On one side of the argument, people are not disturbed by this grotesque number, and on theRead MoreShould Abortion Be Legal?963 Words  | 4 PagesLegal or Illegal? Which would you prefer? Not many are willing to discuss such a gut wrenching topic, but this needs to be addressed. It is a very controversial topic with having to do with women rights and activists. Since there are two sides to every argument, there is one side such as to make abortion legal and the opposing side to keep abortions illegal. In my opinion making abortion illegal can regulate the amount of women who do get pregnant. I believe that making abortions legal will let womenRead MoreShould Abortion Be Legal?867 Words  | 4 PagesABORTION Abortion is a deliberate termination of a human pregnancy, most often performed the first 20 weeks of pregnancy. There are series of legal, moral and ethical issues which may arise about abortion. Most arguments about abortion are often focused on political insinuations and the legal aspect of such actions. Some frequently asked questions’ regarding the issue is if the practice should be outlawed and regarded as murder or should women have the right to practice it. For example, prior toRead MoreShould Abortions Be Legal?939 Words  | 4 PagesShould abortions be legal? Abortions have been a big issue since the Roe v Wade case. There have been a lot of disagreements between the Pro-life supporters and the pro-choice supporters. Pro-life supporters feel like abortions deter murder, while pro-choice supporters believe that the women should be able to make their own decisions. I am a part of the pro-life supporters because I feel like abortions are wrong for several of reasons. Why should women get an abortion if there are other choices for
Tuesday, May 19, 2020
Financial Sources Avalible To New Businesses Finance Essay - Free Essay Example
Sample details Pages: 16 Words: 4695 Downloads: 3 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? For many businesses, the issue about financial sources (where to get funds from for starting up) can be crucial for the success of the business. They are divided into internal and external sources. We have to choose the best financial option in order to open our new retail pharmacy. In fact, the type of finance being chosen will depend on what kind of business and how much money is needed and how the money is spent. Don’t waste time! Our writers will create an original "Financial Sources Avalible To New Businesses Finance Essay" essay for you Create order 6.1 Internal Sources 6.1.1Personal savings Personal savings are amounts of money that a business person, partner or shareholder has at their disposal to do with as they wish. For example, if someone uses his or her savings to invest in his or her own or another business, then the source of finance comes under the heading of personal savings. The financial sources of our new retail pharmacy is solely from our personal savings with each of us comes out with RM 100,000. Therefore, the sum of our capital is RM 500,000 from 5 individuals. However, there are other financial options available other than personal savings such as from family and friends (internal sources), from banks, outside investors, grant and community development finance institution (external sources). 6.1.2 Family and friends When the money is insufficient to start a new business, friends and family may be willing to help. They might lend money for the new business or they might invest in the business, such as by buying shares. A written agreement in place that sets out terms and conditions, including any interest and repayment terms should be made to avoid misunderstandings. Advantages Friends or family may be more willing to lend money than a bank, particularly if security for a loan is not provided. Friends and family may offer easy terms such as an interest-free loan. It should make it easier to get additional finance from the bank if some finance can be raised from own resources or friends and family. 6.2 External Sources 6.2.1 Bank After a credible business plan is made, borrow from a bank is much easier. Many businesses use overdrafts for day-to-day borrowing and loans to finance large purchases such as equipment. Moreover, when business is likely to have peaks and troughs in its cash flow, its essential to be able to clearly illustrate these to the bank so an overdraft can be planned. 6.2.2 Outside investors A larger business with good prospects might attract outside investors. For example, business angels typically invest RM 100,000 or more in exchange for a share in the business. 6.2.3 Grant Some of the business is qualified for a grant from government. For example, if a business is setting up in a deprived area. 6.2.4 Community development finance institution If your business is setting up in a deprived area, or in a sector that is not normally catered for by mainstream lenders, finance from a community development finance institution will be an option as well. 6.3 Accounting 6.3.1 Introduction Accounting is a process of: i. Collecting source documents as evidence of transactions and as the source for recording business transactions. ii. Recording relevant details from source documents in the respective books of prime entry. iii. Summarising from the books of prime entry and transferring these summaries to the respective ledgers. iv. Communicating the accounting information to users, by preparing the financial statements. Figure 8: The Accounting Cycle Source Documents are written documents that contain details of the business transactions. They provide evidence that the transactions have taken place. Source Documents Explanations Invoice To inform customer the amount to be paid, amount of discount given, whether in cash or credit term and interest charges for late payment. Credit Note To deduct an amount overcharged in the invoice, e.g. returns of goods from customers. Debit Note To add to the amount of Invoice for any additional charges, e.g. transport fee, interest charges and any amount undercharged. Cash Bill Same as invoice. Used only when transactions is on cash terms. Payment voucher To record the payment by cheque or cash. Official receipt To acknowledge money has been collected. Memo A written note from the management to inform about decision on certain transactions. Table 1: Sources of documents The 7 Books of Prime Entry record the daily business transactions in chronological order based on the source documents. The 7 Books of Prime Entry Explanation Cash Book Cash/cheque transactions Petty Cash Book Small amount of daily payments, such as stationery, wages for cleaning and minor repairs. Sales Journal Sales of goods on credit terms. Purchases Journal Purchases of goods on credit terms. Sales Returns/ Returns Inwards Returns of goods that were sold on credit terms. (defective/damaged goods) Purchase Returns/ Returns Outwards Returns of goods that were purchase on credit terms. (defective/damaged goods) General Journal All other business transactions. Table 2: The 7 Books of Prime Entry The 3 ledgers are the final sets of accounts containing the summarised accounting information that have been transferred/ posted from the books of prime entry, using double entry system. The 3 Ledgers Explanation General Ledger This is the main ledger that contains all the accounts that summarises all the business transactions that occurred. Sales Ledger Contains all the individual trade receivables accounts (customers on credit terms). Purchase Ledger Contains all the individual trade payables accounts (suppliers on credit terms). Table 3: Ledgers 6.3.2 Management and Financial Accounting Management Accounting is an area of accounting associated with providing financial and other information to all levels of management in an organisation to enable them to carry out their planning, controlling and decision making responsibilities. It is used in all forms of organisations-profit-seeking and not-for-profit business undertakings; sole traders, partnerships and companies; retailing, manufacturing and service businesses; and government. Management accounting covers: Cost behaviour and cost-volume-profit relationships, Decision making through incremental analysis, Budgeting for financial planning and control, Capital budgeting, Accounting and reporting for business segment operations. Financial Accounting is concerned with reporting information to users external to an entity in order to help them to make sound economic decisons about the entitys performance and final position. Types of reports used in management accounting and financial accounting are as below: Management accounting Financial Accounting Special-purpose reports for internal users: Financial budgets Sales forecasts Performance reports Cost-of-production reports Incremental analysis reports Do not have to comply with accounting standards. General-purpose financial reports for external users: Balance sheet Income statement Statement of changes in equity Cash flow statement Required by regulatory authorities; must comply with accounting standards. Table 4: Differences between management accounting and financial accounting We need accounting information (i.e. financial statements) to aid in decision making, planning, control and coordination of our pharmacy business activities. Apart from this, our finance providers (i.e. banks and financial instituitions who lend money to a business) need to ensure our finance stability and ability to repay the amount borrowed (principal sum) and pay interests. 6.3.3 Basic Financial Statements Three types of information contained in financial statements serve to inform users about the entity. Firstly, we want information about our business performance. As a business entity, information about its ability to earn profits is an essential part of our financial reports. The second type of information that is necessary for making decisions about our entity is its financial position. The financial position deals with the economic resources controlled by an entity, its financial structure, its capacity to adapt to changes in its environment, and its liquidity and solvency. Lastly, information about the entitys cash flows is useful for us to assess the entitiys operating and financing activities. Operating activities includes: The collection of cash for service provided, The sale of goods to customers, The purchase of goods for sale, The payment for supplier for goods or services purchased, Collection of debts from customers, Payment of wages to employees and The payment of income tax to the government. On the other hand, financing activities engaged by our business would probably includes raising of capital by issuing shares or borrowing money from financial institution, and the repayment of these borrowed funds. The Balance Sheet reports the financial position of an entity at a specific point of time. The financial position is reflected by the assets of the entity, its liabilities or debts owed, and the owners equity. 6.4 Balance Sheet Statement 6.4.1 Balance Sheet Definition A balance sheet is a complete view of how a business is doing financially. The balance can be prepared in one of two ways: By using a general ledger, By adding all of the assets, liabilities and equities to your balance sheet. 6.4.2 Why Is Balance Sheet Important? A Balance Sheet is important because it gives the information of a business financial situation at any given time period. 6.4.3 How to Read A Balance Sheet? The balance sheet is broken down into three main sections. The top section includes the company name, the title of the company and the time period of the form. The assets section is one of the two sections below the top section. This section includes all of the companys assets. The assets are the items the company owns which may include, accounts receivable, inventory, equipment, furniture, automobile, prepared expenses and so on. The liability section is on the other side of the asset section. The liabilities may include items like, accounts payable, notes payable, interest payable, payroll accrual, long term liabilities, short term liabilities and so on. The equities can be included on the same side as liabilities. The equities are shareholders and the owners equities (what the owner has put into it). It includes such items as; capital, stock, retained earning and so on. If, the assets are more than the liabilities and equities you will have a net profit. But, if the liabilities and equities are more than the assets you will have a net loss. Assets= Liabilities + Owners Equity Assets Liabilities + Equities Net Profit Assets Liabilities + Equities Net Loss Balance Sheet Template 1 Sample Business Plan Balance Sheet Template For the Month Ended ______. Right Side      Current Assets Fixed Assets Other Assets  Left Side Current Liabilities  Long Term Liabilities  Shareholders Equity  Balance Sheet Template 2  Sample Business Plan Balance Sheet Template For the Month Ended __________.  Assets  Current Assets               RM_______ (Cash)  Petty Cash                      RM_______  Accounts Receivable    RM_______  Inventory                         RM_______  Short Term Investments  RM______  Prepaid Expenses           RM_______  Long Term Investments  RM______  Fixed Assets (Land)       RM______  Buildings                          RM_______  Improvements                 RM_______  Equipment                         RM_______  Furniture                           RM_______  Automobile / Vehicle      RM______  Other Assets  1.                                        RM_______  2.                                        RM_______  3.                                        RM_______  4.                                        RM_______  5.                                        RM_______  6.                                        RM_______  7.                                        RM_______  8.                                        RM_______  Liability  Current Liabilities            RM_______  Accounts Payable               RM_______  Notes Payable                     RM_______  Interest                                RM_______  Payable                                RM______  Taxes Payable                     RM_______  Federal Income Taxes                                    RM_______  State Income Taxes                                    RM_______  Self Employment Tax                                       RM_______  Property Tax                                        RM_______   Payroll Accrual                  RM_______  Long Term Liabilities        RM_______  Notes Payable                     RM_______  Total Liabilities                  RM_______  Net Worth (Owner Equity)                   RM_______  Proprietorship                     RM_______ or Partnership                         RM_______ or Corporation                         RM_______  Capital Stock                       RM_______  Surplus Paid In                   RM_______  Retained Earnings              RM_______  Total Net Worth                  RM_______ Total Assets                 RM_______ Total Liabilities           RM_______ The Income Statement (also known as profit and loss statement or an operating statement) reports the results of financial performance for a specific time period. Profit for the period is the excess of income over expenses for that time. If expenses for the period exceed income, a loss is incurred. The statement of changes in equity serves as a connecting link between the balance sheet and the income statement, and explains the changes that took place in equity during the period. 6.5 Accounting for a Partnership Most partnerships are not reporting entities and hence do not have to comply with accounting standards and financial reports are thus special-purpose reports. In a partnership, ownership interests generally are not equal because the capital investments and drawings of each partner vary over time. The profit or loss reported each accounting period is distributed to the partners in accordance with the partnership agreement. There are two commonly used methods for accounting equity in a partnership: Method 1: use of Capital accounts for each partner which record capital contributed and withdrawn; and each partners periodic share of profits and/or losses. Method 2: use of Capital accounts with fixed balances for each partner reflecting only the capital contributed and capital withdrawn. A partners share of profits and/or losses and drawings from profits are recorded in separate Retained Earnings (or Current) account for each partner. 6.5.1 Allocation of partnership profits and losses We consider 3 elements in establishing an equitable way to allocate profits and losses: A return for the personal services performed by the partner, A return on the capital provided by the partners, A return for the business risks assumed by the partners. Others more common profit and loss sharing agreements includes: A fixed ratio, A ratio based on capital balances, A fixed ratio established by the partners after allowing for interest on capital contributions and salaries to partner for services rendered to the partnership. 6.5.2 Financial Statements for a Partnership If the partnership is not a reporting entity, it will prepare a special-purpose report. If the partnership is a reporting entity, it must prepare general -purpose financial reports complying with accounting standards. Each individual partners equity in business is reported separately on the balance sheet or in a separate statement of changes in partners equity; so does the profit or loss allocation for a specific period. Also, salaries authorised for each partner, interest on capital investments and interests on drawings is recognised as an allocation of profit. In our retail pharmacy, the partnership is a reporting entity, therefore, a general -purpose financial reports are prepared which are complying with accounting standards- an income statement, a statement of changes in partners equity, a balance sheet and a cash flow statement. 6.6 Computerized Business Managing System We have chosen a computerized business managing system called POS, which stands for Point of Sale. This technology is widely used in retail business management. When a customer would like to purchase an item or pay a bill, the POS system is extremely useful to register the purchase, keep track of inventory, and purchase details such as time, date and store location. These data are saved in the database which then can be used for getting information or records from a huge amount of data (data mining). POS systems usually work via infrared bar code readers, a register and bar code reader are connected to a computer terminal. The consumers are benefited because the check out is fast, reliable and accurate. On the other hand, we are able to keep track of daily sales as well as departmental sales analysis and have the sales record for future reference. Another advantage of POS system is the ability to manage the account of the pharmacy business. The accounting software system includes the system as followed: Debtors System. Creditors System. General Ledger System. Stock System. Sales Invoicing System. Sales Order System. Purchase Order System Consignment Stock System Club Membership System. Equipment Warranty Tracking System. 6.7 Taxation Income Tax is defined as incomes of individual or companies which are derived from Malaysia or received in Malaysia. Income Tax Act 1967 is the principal statute on taxation and the following are sources of income that are subjected to tax: income from employment, trade, profession and business dividends and interests premiums other form of income 6.7.1 Company Tax All companies in Malaysia are taxed at the rate of 26% on the total income. However, tax from corporation is reduced to 25% in year 2009. 6.7.2 Personal Income Tax The taxation rate depends on the individuals status that is determined by the period of stay in the country, under Section 7 of the Income Tax Act 1967. Generally, individual who is staying in Malaysia for more than 182 days in every year is subjected for taxation. However, a non-resident individual is subjected to tax at rate of 28%. Income Tax is defined as incomes of individual or companies which are derived from Malaysia or received in Malaysia. SECTION 7: LICENSING Before establishing a new retail pharmacy, we need to apply the business license and license A so that we can run our business legally. Those forms can be downloaded from the respective website. The forms that are required include: 7.1 Premise and signboard license application form 7.2 Pharmacist annual retention form 7.3 Business name application form 7.4 Architecture checklist form 7.5 Fire extinguisher examination and approval form 7.6 Business license supporting form 7.7 Business advertising form SECTION 8: HUMAN RESOURCE ORGANIZATION STRUCTURE: Owners / Presidents 1. FUM HOANG JEN KOK LE FEI LAI YIK SHAN LIM SYOK HUA PHUA LI YUNG Sales person Cashiers Assistant Pharmacists Accounting Manager Drugs Manager / Supervisor (Pharmacist) Sales / Marketing Manager / Supervisor Clerk The retail pharmacy is owned by us, the 5 registered pharmacists whose name Fum Hoang Jen, Kok Le Fei, Lai Yik Shan, Lim Syok Hua and Phua Li Yung. A marketing manager is employed for managing the sales and marketing of the pharmacy business. He or she is in duty to come out with marketing strategies to increase the profit and build up the reputation of the pharmacy business. In addition, 2 cashiers and 2 sales people are employed to assist the operation of the pharmacy business. Furthermore, among the 5 of us, one of us will be the drug managers or supervisors while being in the possession of presidents of the pharmacy. The other 4 of us are hospital pharmacists who are just the partners of the pharmacy business. Besides that, 2 assistant pharmacists are employed to in our pharmacy. On the other hand, an accounting manager is employed to do the accounting of the pharmacy business. Additionally, an accounting clerk is also employed to assist the accounting manager. SECTION 9: PHARMACY MERCHANDISING Pharmacy merchandising involves the proper placement of goods on pharmacy shelves. The space of a pharmacy available for goods to be displayed is limited by the size and design of the store. Therefore, our retail pharmacy separates the space of our pharmacy into departments or sections that contain major categories of products. In fact, merchandise in a pharmacy tends to flow from one department to the next. This flow is accomplished by placing related departments next to or near each other so can attract the attention of the target customers. For example in our retail pharmacy, beside the cosmetic area is the area arranged with hair care products, oral care products and skin care products. The target of these products is normally the female customers. So, if they are placed beside the cosmetic area, they are more accessible to the female customers. Pharmacy aisles should be taken into consideration as well as aisles are of various lengths and heights. If an aisle is longer, cross aisles should be provided. Cross aisles are a break in a long run of shelving creating an aisle that allows customers to move easily across the store. In our retail pharmacy, cross aisles are provided for smooth traffic flow and increase visible space for item placement. Moreover, our retail pharmacy uses the space at the beginnings and ends of the aisle runs where these spaces often are referred to as end caps. We use end caps in our retail pharmacy to display promotional and seasonal items, bulk items, impulse items and new products to highlight specific products in order to gain shoppers attention. In addition to this, floor-stand displays will be used in our retail pharmacy to place large quantities of an item on display and making the products easily accessible to consumers as manufacturers often supply these displays and other promotional materia ls to pharmacy to highlight their products. Pharmacy shelves are used for storing and displaying drugs and related items. The biggest challenge with these shelving would be that the shelves should be easy to clean. The pharmacy shelving used in our retail pharmacy is shelves that are blend functionality with flexibility with high quality shelving display to draw customers into our pharmacy. More storage, less space, easy to install, easy to clean and maintain are the key criteria for our retail pharmacy shelves. Figure 9: Pharmacy shelves for oral care, skin care and hair care products Figure 10: Pharmacy shelves for supplements and OTC products SECTION 10: PHARMACY SERVICES Pharmacists are the more frequently and more accessible to patients or often see on a consistent basis compared to doctors. This is because no appointment is needed to see pharmacist where customers can talk to pharmacists in confidence even about symptoms that are very personal. In order to provide a more comfortable place for our customers, there is a counseling room in our pharmacy to provide privacy for our customers. There are many services available in our retail pharmacy include: Full clinical medication review our pharmacists will review the prescribed medicines written on the prescription where this service is about having an in depth look at the medicines to confirm the dosage, strength, frequency and drug-drug interactions before dispensing. Dispensing and counseling of medicines our pharmacists will dispense the medications after a full clinical medication review and will counsel the patients on the indication, instructions of use, side effects and the expiry date of the medications. One-to-one consultations is provided to ensure patients are getting the most information on the medicines particularly useful for those patients on multiple or long-term medication. Advice on supplements our pharmacist will provide knowledge on the variety of supplement available and assist customers in purchasing supplement products for certain medical conditions. Minor Ailments Service our pharmacists are able to provide treatments for a range of minor ailments such as athletes foot, headlice, allergic conjunctivitis, dandruff, acne and other minor ailments. Stop smoking service our pharmacists can help patients give up smoking through advice, support and if appropriate the Nicotine Replacement Therapy. Blood pressure testing our pharmacists can check your blood pressure and offer lifestyle advice about how to stay healthy. Cholesterol testing Our pharmacists can offer a simple finger prick test that can reveal the cholesterol level and give advice on how to reduce cholesterol level and stay healthy. Blood glucose testing Our pharmacists can offer a simple finger prick test that can reveal the blood glucose level and give advice on how to keep it low or reduce it as having too much glucose in blood may indicate a greater risk of diabetes. Family planning Our pharmacists can counsel couples about the information on family planning by providing knowledge on the medications available such as OCP (Oral Contraceptive Pill) or other additional contraception method such as condom. SECTION 11: INSURANCE 11.1 Introduction The primary risk exposure for pharmacists was related to traditional business risks (i.e., fire, theft, etc.), coupled with negligence related to prescription-filling errors. Modern pharmacy practice now must also consider new risks related to the use of technology and electronic data transmission, patient counselling and drug utilization review requirements, and protected private health information. 11.2 Definition of risk Risks are asscociated with negative outcomes. A risk may best be described as some degree of probability that exposure to a hazard will lead to a negative outcome or consequence such as loss, damage, injury or death. 11.3 Criteria for insurable risk For a pure risk to be insurable, it must meet certain requirement: The loss must be measurable in dollar figures, easy to measure, and result in a substantial loss. The loss must have a defined time and place. The loss must be accidental for the insured. There should be no prospect of gain or profit for the individual. The probability of the event occurring in a population can be accurately calculated. There must be a sufficiently large number of homogeneous individuals with similar risks to make losses predictable. The insured must have an insurable interest. Compensation cannot be awarded to those not actually suffering the loss. The insurance premium must be available for a reasonable cost. One would not want to pay an insurance premium greater than the value of the item insured. For our retail pharmacy, a risk management process should be developed to analyze and identify strategies to manage risk threats in order to protect the vital assets of a pharmacy through coping with uncertainty. This process involves not only identifying risks but also assessing the threat potential and making decisions on managing those risks. There are many types of insurance for a pharmacy. The geographic location, type of practice and services offered will influence the types of insurance needed. In fact, the risk management process is a continuous process, and periodic evaluations are necessary to address new or emerging risk threats to the pharmacy. 11.4 Types of Insurance For our retail pharmacy, the types of insurance that needed to protect our pharmacy include: Figure 11: Types of insurance needed 11.4.1 Property Insurance This is one of the most common types of insurance for protecting the property and physical assets of any business entity. The policy Scope of Cover Destruction to the property insured whilst contained in the business or trade premises arising from: Theft consequent upon actual forcible and violent entry into the insured premises Theft or any attempt thereat by a person feloniously concealed on the said premises Hold up or armed robbery Damage to the building due to theft or attempt thereat. 11.4.2 Public Liability Insurance The Public Liability Insurance Policy is designed to protect in order to pay compensation for accidental damage to the property of the other person caused by or through the negligence of the insured or his employees or by any defect in the premises owned or any defects in the ways, works of the insured. In addition, the Policy also pays for the litigation costs and expenses for defense that are incurred with the written consent of the Company. The policy scope of cover The company shall indemnify at law for damages and claimants expenses in respect of: a. accidental bodily injury to any person not being a member of the Insureds household or any person in the service of the Insured. b. accidental damage to property not belonging to or in the custody or control of the Insured. c. any legal expenses incurred by the Insured in defending legal proceedings with the Companys written consent. 11.4.3 Professional Indemnity Insurance Professional Indemnity Insurance is effected to protect professional persons who supply a skill or service and owe a duty of care to their clients. The policy will indemnify in the event of any breach of professional duties or responsibilities by reason of any negligent act wherever committed or alleged to have committed by the Insured or any person who may enter into the firm insured in a professional capacity or any person employed by the Insured. The policy scope of cover Unlike other general liability policies, Professional Indemnity policy normally provides indemnity to the Insured against financial losses only arising from the provision of professional services. Indemnity for defence costs and expenses is also provided. 11.4.4 Employers Liability Insurance Employers Liability Insurance Policy is designed to provide indemnity to the Insured against his liability at law and claimants cost for bodily injuries or diseases to Insureds Employees. The policy scope of cover The Employers Liability Insurance Policy indemnifies the Insured in order to pay compensation and claimants costs and expenses in respect of the bodily injury by accident or disease to the Insureds Employees for which he is liable and pay all costs with the company. 11.4.5 Fire Insurance Fire Insurance provides protection for losses to property such as buildings, contents, furniture, plant and machinery as well as stock. The basic fire policy covers losses and/or damages caused by fire, lightning and domestic gas explosion. The basic fire policy can be extend to cover loss or damage caused by the extraneous perils such as: Aircraft damage Earthquake volcanic eruption Bush/Lalang Explosion (with / without boilers) Impact damage by vehicles Subsidence landslip Riot strike malicious damage Storm tempest Flood Damage by falling trees or branches Spontaneous combustion Sprinkler leakage 11.4.6 Fire Consequential Loss Insurance Fire Insurance covers physical loss or damage to property insured but does not include resultant losses in business profits and due to partial or complete cessation of operations. The Fire Consequential Loss policy also allows you to pay the continuing overheads or standing charges such as rent, mortgages and loans, salaries / wages of employees not gainfully employed during the interruption including payments to employees whose services are no longer required, additional working expenses reasonably incurred to reduce the effects of damage on the business such as renting of temporary premises and hiring of machinery or additional labour costs.
Wednesday, May 6, 2020
Anti Semitism And The Holocaust - 1950 Words
Matt Gurovich Mr. Chin AP Euro 7th Period Holocaust Research Paper Anti-semitism is a concept that has been around in our society for a few centuries now, and has played a significant role in the world for many of those years. Although we see anti-semitism fade and diminish, its historical symbolism will hover over society for years to come. The Holocaust, taken place in Eastern Europe, is known to be one of the largest genocides this world has ever seen, and is the gruesome platform that people relate to anti-semitism. The Holocaust was in reaction to the successes of the Jewish population and the conspiracy of Zionism. Moreover, the alliance that Nazis had established with Zionists and how they were able to collaborate in order to accomplish the alienation and extermination of European Jews. This genocide affected numerous Jewish families, leading to many fatalities and a crackdown on the discipline of all Nazi soldiers. Anti-semitism gained its resurgence in the eighteenth century and was a concept that heavily influenced society around the globe, but primarily the European society. Anti-semitism all began in the Enlightenment period with rulers such as Frederick the Great of Prussia, and Joseph II of Austria, enforcing laws that discriminated the Jewish population. A glimpse of hope was later founded in the beginning of the 1800s, in which Western Europe had been creating reforms in favor of Jews. Specifically, in France, a â€Å"Jew-hating†nation, Judaism was declared anShow MoreRelatedAnti Semitism And The Holocaust876 Words  | 4 Pagesin the dark about it as well who could possibly blame America who was thousands of miles away to know. During the years of the holocaust a feeling of Anti-Semitism was clearly present all over the world this including the United States, this was seen in the results from different polls conducted and from the social policies at the time. These feelings of Anti-Semitism were convenient because it gave people an excuse to not do anything to help the Jews. Between 1938-1939 about 85,000 Jewish refugeesRead MoreAnti Semitism And The Holocaust1682 Words  | 7 Pagesknowing where they are going. Anti-Semitism is the hatred of Jews, and it reached its pinnacle during the Holocaust. It’s known world wide as the genocide of approximately six million European Jews. Strikingly, there is a decent number of people in the world who don t entirely believe that the Holocaust happened as it is documented by witnesses, survivors, and those tasked with rescuing those who survived, and burying those who did not. These people are known as Holocaust Revisionists; or in anotherRead MoreWas German ‘Eliminationist Anti-Semitism Responsible for the Holocaust?832 Words  | 3 Pagesâ€Å"Was German ‘Eliminationist Anti-Semitism†Responsible for the Holocaust?†is a fascinating and somewhat discouraging debate that explores the question of whether German anti-Semitism, instilled within citizens outside of the Nazi Party, played a vast role in the extermination of Jews during the Holocaust . Daniel Jonah Goldhagen, author of â€Å"The Paradigm Challenged,†believes that it did; and argues quite convincingly that ordinary German citizens were duplicitous either by their actions or inactionsRead MoreWas German â€Å"Eliminationist Anti-Semitism†Responsible for the Holocaust?2341 Words  | 10 Pages | |Was German â€Å"Eliminationist Anti-Semitism†Responsible for the Holocaust? | |Issue 10 â€Å"Taking Sides: Clashing Views in World History†| | | German anti-Semitism played the main role in Holocaust and extermination of Jewish population in Europe duringRead MoreAnti-Semitism and Lack of Concern Among Non-jews During the Holocaust997 Words  | 4 PagesAntisemitism is to blame for the lack of concern among non-Jews during the up rise of the Holocaust. nbsp;nbsp;nbsp;nbsp;nbsp;It is hard to grasp the number of lives lost during the Holocaust. How someone could have so much hatred towards one group of people. Or how so many people could set back and watch something like this take place without protest. To begin to understand how a tragedy like the Holocaust could have took place without intervention we need to understand antisemitism. nbsp;nbsp;nbsp;nbsp;nbsp;Merriam-WebsterRead MoreThe Tragedy Of The Holocaust Essay1118 Words  | 5 PagesWithin the era of 1933 to 1945, races struggled through times of gloom, torment and hopelessness. The Holocaust was hard on numerous people, with little survivors and still influences individuals present lives today. The majority of the anguish was brought about as a result of one man’s conviction, that had the capacity to impact a whole nation. The holocaust was a genocide that was exclusively centered around hatred found in Germany. Propaganda was one of the main causes, which conditioned the peopleRead MoreAdolf Hitler And The Holocaust Essay1105 Words  | 5 PagesAdolf Hitler and the Holocaust. The Holocaust is the word used to describe the mass murder of approximately six million European Jews during Adolf Hitler’s rule in Germany. Among the Jews were also other groups described as â€Å"Sub-Humans†such as Gypsies, homosexuals, intellectually challenged, political prisoners and most Eastern Europeans. German lacked confidence in their weak system, the Weimer Republic. Adolf Hitler, the chairman of the Nazi Party by 1921, was a World War I veteran who still believedRead MoreAnti Semitism Is The Hatred And Persecution Of The Jews946 Words  | 4 PagesAnti-Semitism is the hatred and persecution of the Jews. It can be traced back to the 1800s in a mild form, but it continually increased until the Holocaust, in which millions of Jews were killed in concentration camps. There were several components which caused this increase in the hatred of Jews, such as religion or the economy. A major example of these components is the publication of The Protocols of the E lders of Zion. It was an entirely fictional piece of work, but people believed the bookRead More Anti-Semitism Essay1369 Words  | 6 PagesAnti-Semitism Discrimination and prejudice have been in our world for as long as humans have themselves. Discrimination has caused problems in societies all throughout history. But despite all of the terrible things that have happened because of prejudice and discrimination, it continues to live on in our world today. Anti-Semitism, prejudice against Jews, is a form of discrimination that has caused perhaps the most problems throughout history. Many people describe anti-Semitism as more thanRead More The Origins of the Holocaust Essay1547 Words  | 7 Pagesorigins of the Holocaust has been studied by scholars using several differing approaches. These interpretations are outlined by Donald Niewyk in The Holocaust as the long history of European anti-Semitism, the charismatic personality of Adolf Hitler and the influence of modern â€Å"scientific†racism or eugenics. These interpretations are illustrated in the works of John Weiss, Ian Kershaw, and Henry Friedlander. Niewyk uses Weiss to identify the interpretation of ancient anti-Semitism located throughout
Teaching Our Young Children Math And Science - 1052 Words
When it comes to teaching our young children math and science, they rely on concepts which are the building blocks of learning. Concepts begin in infancy so children manipulate concrete materials in every situation. They collect data, process that data and find ways to expose of that data. Young children are naturally mathematicians and scientists, learning vast amounts of information daily, as they explore the world by playing and moving around in their bodies. Play activities provide our children with the ability to learn concepts. Child’s play is revealed to be excellent unconscious preparation for future education in mathematics and natural sciences. The infants begin to perceive the world and eventually to track the movements of activity in their everyday surroundings. This is when physical movement begins. The child becomes aware of his limbs, and this starts the process of the child grabbing things and kicking his legs, feeling and finding things to put in his mouth. T he child is exploring his surroundings. I learned that babies and toddlers can learn math by placing items that match or go together and letting them figure out which items go together to help develop her early reasoning skills, placing different colored balls in the tub during bath time and watch he toddler pick up the same colored balls, while waiting for your food at a restaurant open the menu and let the toddler find vegetable groups or breads etc. I have learned from a friend of mine (Mrs.Show MoreRelatedTeaching With A Reformed Worldview1159 Words  | 5 Pagesanswers to the following questions: (separate page is requested) 1. What does teaching with a Reformed worldview mean to you? Teaching with a reformed worldview means that I am sharing God’s love to children. As a Christian teacher, I find a great joy sharing stories about Jesus and talking about God to the young children. I learned so much by working with children and I often think about how my faith should resemble children s faith towards God. Christian Education provides opportunity to show theRead More Gender Equity Essay1321 Words  | 6 Pagescomes to Math and Science in the schools? I don’t believe they are. This is why gender equity is a major problem facing our schools today. Many girls are having very negative attitudes towards Math and Science. Through doing research on this topic I found out why. In the article How Research Helps Address Gender Equity, a very shocking and eye opening thing was written. I learned that children as young as kindergarten already have formed set stereotypes about Science and Math. TheRead MoreElementary Teacher : Mind Builders1339 Words  | 6 PagesElementary Teachers: Mind Builders The education of young children will always play an important role in society. As children grow into teenagers and eventually adults, they are constantly learning and evolving. If we think in terms of building a house then elementary teachers are in charge of laying the foundation. The foundation of a home always come firsts and helps keep a house standing. Young, impressionable children learn some of their greatest life lessons while in elementary school likeRead MoreEducation Is The Backbone For A Nation s Prosperity1168 Words  | 5 Pagesto find strengths that they may not have known otherwise. It instills motivation into one s character at a young age, which will continue to be their driving force into adulthood. Education makes the world a safer and more accepting place - educated individuals have the knowledge to understand the difference between the rights and the wrongs, and have the awareness about the diversity of our planet. And for some, the most valuable benefit of receiving an education is the doors it opens into the workforceRead MoreEarly Childhood Education Of Children1122 Words  | 5 PagesEarly Childhood Education is a term that refers to educational programs that are devoted to children from birth to the age of eight. â€Å"Children of this age learn by exploring and investigating; therefore, their environment should support and encourage this process.†(Rebecca Isbell and Betty Exelby, 2001, Pg. 11) Early childhood environments should be attractive and exciting. These environments should allow children to work and play using proper resources, materials, and tools. Early childhood educationRead MoreTeaching Strategies For Children s Elementary School Years At A Public School And Our Homeschool Years1675 Words  | 7 Pageselementary school years at a public school and our homeschool years during middle school. These strategies will smooth out tempestuous parenting waters, whether a child is in a traditional school or home schooled. Children are a measure of our success, worthiness, and achievements. We are judged by their success and triumphs and we compare ourselves to other parents and the way they educate their children. Additionally, we compare our children to other children and how they behave and interact with othersRead MoreResearch Proposal Sample883 Words  | 4 PagesMathematics Festival: Thanks to your support, the year 2017 has been one of growth and innovation for the Julia Robinson Mathematics Festival. We continue our expansion and fulfillment of our mission to bring the joy and beauty of mathematics to as many students as we can, through non-competitive extra-curricular mathematics activities. The reach of our Festivals is expanding rapidly, but we are also retaining the partners we have developed over the years. This year we have hosted more than 40 festivalsRead MoreThe Phases Of American Education1528 Words  | 7 Pageswould be no iPhones, computers, laptops, or cars. Education has had its ups and downs. The learning system in the past was very basicà ¾ students got lessons directly from the teacher and more information from the book. Back then, parents taught their children how to read and write from the bible and hornbooks. People usually learned how to read from picture books. Boys went to school while the girls stayed to learn household work. Most boys were lucky enough to go to college if they came from a wealthyRead MoreMusic Is A Part Of My Life1637 Words  | 7 Pagesfor today s students. Despite the arts being a pivotal part of a child s growth, the government and many school boards believe the arts are not necessary and ultimately not important. Art is often overlooked as attention is focused more on science and math. Many people feel these core classes are more valuable to a child’s education than any art class could ever be. This leads to art being one of the first things to be cut when there is little funding. The arts change students every single dayRead MoreOverview Of The Julia Robinson Mathematics Festivals943 Words  | 4 PagesWe continue to reach more and more students across the country and around the globe in fulfillment of our mission to bring the joy and beauty of mathematics to as many students as we can through non-competitive, extra-curricular mathematics activities. The reach of JRMF Festivals is expanding rapidly, while we retain the partners the JRMF team has developed over the years. This year JRMF and our partners have hosted 50 festivals in 15 states and 5 foreign countries, reaching more than 5000 students
As you think about the next four years, what are you looking forward to tha free essay sample
I’ve been through a lot of challenges in my life. Most of the challenges I faced, I faced as a small girl in elementary and middle school. But those challenges didn’t leave any scars. The day before I was supposed to start high school, a horrible event occurred that rattled my family’s lives and mine completely. But I still urged myself to go to school and seem perfectly normal. My grades started out okay. They weren’t horrible, but they weren’t that great either. I couldn’t concentrate on anything. How could I? I couldn’t stop thinking about that horrible event. After a while, I got my mind on track. I started to work a little harder in school. A month later, that same event occurred again†¦ but much worse. I stopped caring about everything: my family, my grades, and myself. My grades were slipping. My GPA was dropping. We will write a custom essay sample on As you think about the next four years, what are you looking forward to tha or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page But I still didn’t care. About 6-7 months later, my family confronted me about my grades. They were angry that I had let myself slip. I was angry with myself. How could I’ve let my grades drop so much? I know I could’ve done better. After my family made me realize my mistake, I worked harder that rest of the year and brought my grades up. When I attend college for the next 4 years, I hope to surprise my parents with my hard work and determination in the classroom and out. I want them to be proud of me. I want to be proud of myself. I want to surprise my parents and let them know that nothing can bring me down now. After my difficult start to high school, I realized what I was ruining. Over the next 2 years of high school, I worked hard and raised my GPA. In college, I hope to surprise my parents by working hard the very first year I start my college year and till the very end.
A Stakeholder In A Pharmaceutical Organization Commerce Essay Example For Students
A Stakeholder In A Pharmaceutical Organization Commerce Essay A stakeholder in a pharmaceutical organisation is an single or a group of people with one common end and involvement towards the ownership and activities of the organisation ( Daft, 2011 ) . In a general organisational apparatus, stakeholders can be divided into two classs, the primary stakeholder and the secondary stakeholder. The primary stakeholders have the extreme duty in a company. They include the company providers, consumers utilizing the company s pharmaceutical merchandise, the medical research institute, employees working in the organisation and the company stockholders. The primary stakeholders form the basic cardinal foundation towards a company s success or failure because of their engagement in the direct economical state of affairs. The secondary stakeholders do non hold an built-in portion in the economic procedure but they are every bit utile as the primary stakeholders are. These include the authorities, trade brotherhoods, the media, and political parties and acti on groups ( Hellriegel, Jackson A ; Slocum, 2007 ) . In footings of direction, holding an organisation run by persons can ensue to the greed and abuse of fundss. Harmonizing to research carried out, about 60 nine per centum of corporate executives do non see the general populace s best involvement while doing determinations and another 90 four per centum of corporate executives make their determinations foremost and foremost on the foundation of doing an promotion in their ain line of concern ( Daft, 2011 ) . In modern companies, there are two signifiers of ownership. The ownership theory of a company is one signifier of ownership. Here an single owns the company. The exclusive intent of the company is to do great net incomes over the old ages with its stakeholder s involvements at bosom. The stakeholder theory of ownership is the other signifier of company ownership. This theory argues that such companies have the exclusive duty of advancing good work moralss and make value for the society. Even though the stakeholder theory purposes at doing net incomes, it should endeavor to guarantee it creates a beginning of income for others particularly the big community. Outline1 Corporate stakeholders and respond to their issues2 Corporate direction3 Regulatory Institutions4 Selling5 Research and Development6 End User7 The function of the industry in its economic, political and societal scene8 Economic function9 Social function10 Political function11 Domestic and international moralss12 Ecological and natural resources13 Social issues14 Rating pharmaceutical companies associating to Social issues15 Pharmaceutical companies overall public presentation in conformity with the nucleus values of Saint Leo University Corporate stakeholders and respond to their issues Corporate direction Stakeholders in a pharmaceutical company are divided into phases. The first phase of stakeholders includes the cardinal direction of the company like the corporate executives, selling, and the leaders who offer their sentiment sing the pharmaceutical industry like the advisers. Their cardinal issue is to set up a growing scheme of the company, enhance transparence, and pull off possible injury towards stakeholders and the society and codification of moralss among the assorted sections in the company ( Kolb A ; Schwartz, 2009 ) . Since the community and the pharmaceutical company are interdependent, the chief intent of the company is to keep and accommodate to the corporate societal duty ( Hellriegel, Jackson A ; Slocum, 2007 ) . A good illustration is the hazards involved when it comes to patients and drugs. An ideal direction in a pharmaceutical company would see the proviso of drugs, which will assist increase opportunities of survival alternatively of seeking to avoid patient ha zard. Regulatory Institutions The 2nd 3rd phase of pharmaceutical stakeholders includes the regulative establishments. Regulative establishments are establishments that take portion in guaranting the drugs that have been manufactured are of the right quality, and manufactured as per the stipulated authorization and drug fabrication demands ( Freeman, Velamuri A ; Moriarty, 2006 ) . When a drug has been developed and it meets the demands of the relevant drug regulative organic structure, it obtains license for ingestion by the society. A regulative stakeholder is of great importance particularly in the society. It helps forestall the sale of medical specialty, which is of low quality or medical specialty sold by pharmaceutical companies that can be damaging to one s wellness. The regulative organic structures are besides responsible in publicity of manufactured drugs to the market and in the procedure, they help act upon the company s investings and expertness. The regulative establishments act as advisers sing d rug related issues. Selling The 3rd phase of pharmaceutical stakeholder involves the selling squad in the company. Marketing pharmaceutical drugs require good advertisement accomplishments and sufficient consumer research. Using the usage of strategic selling is appealing and attracts the terminal user. This method besides helps in covering with companies that produce similar drugs known as Me-Too drugs. Me-Too drugs have similar chemical compound to the bing drug and they perform similar action public presentation towards one s organic structure. Good selling scheme of the pharmaceutical organisation will guarantee the echt drug that has been produced is sold at a reasonably sensible monetary value and kerb competition from other companies ( Freeman, Velamuri A ; Moriarty, 2006 ) . Research and Development Another of import stakeholder in this phase is the squad that takes portion in research and development of a pharmaceutical drug. The biopharmaceutical research and industry paves manner to detecting new and efficient drugs ( Babler, 2011 ) . Past medical research has been conducted on traditional medical results and redresss so regarded as a find. Due to overhaul biological engineering, research has focused on understanding the different diseases and how they affect the human immune system. This extended research has besides led to finds of how to pull strings the human organic structure in a command to antagonize the disease without damaging the cells inside one s system ( Babler, 2011 ) . Through research, development of new drugs has become possible. As stakeholders in the pharmaceutical industry, scientists who carry out biopharmaceutical research with the aid of physicians, chemists and regulative experts work together to guarantee there is the successful development of a drug and it has been approved for ingestion ( Babler, 2011 ) . This helps in supplying a clean beginning of intervention to the society. End User The terminal user is the 4th phase of pharmaceutical stakeholder ship. This includes the general populace, patients, wellness suppliers, wellness related establishments and the authorities. The physicians and infirmaries as the wellness suppliers guarantee that sanctioned drugs manufactured and sold by the pharmaceutical companies are put to the right usage. Certain drugs like morphia are habit-forming and if misused, they could turn to be unsafe and deadly therefore the demand to be under control. It is merely the medical practician who is in a place to administrate usage of such pharmaceutical drugs. The authorities has a major function to play in the pharmaceutical industry. One of its nucleus functions is the support of research and development of medical related devices ( Babler, 2011 ) . They help in making inducements for smaller pharmaceutical companies so that they may come up with an independent research on new patent drugs. The authorities through the Food and Drug Administration is besides responsible for blessing of safe drugs that are effectual ( Williams, Gabe A ; Davis, 2009 ) . The authorities through the Congress is responsible for coming up with rigorous steps sing the industry of drugs and fraud related instances by pharmaceutical companies ( Williams, Gabe A ; Davis, 2009 ) . The function of the industry in its economic, political and societal scene Economic function In the society, a concern endeavor is the basic unit of the economic system ( Daft, 2011 ) . The pharmaceutical company being a concern establishment produces goods for ingestion and services excessively. These goods and services are indispensable for a society s good being because the drugs are used to handle assorted diseases that affect persons. In the procedure, the company strives in front and maximise its net incomes for the company s stockholders and squad members. This in bend improves the economic system of the state since the workers earn a life, the authorities revenue enhancements are paid and other stakeholders including the society benefit from the company. An illustration includes the Pfizer pharmaceutical company, one of the largest drug related companies, which is involved in offering grants and scholarships to institutional based health care installations. They are besides involved in scholarship plans with the neediest persons in the society therefore doing them be tter persons ( Williams, Gabe A ; Davis, 2009 ) . Over the old old ages, the American pharmaceutical companies are doing such enormous mileposts in footings of economic development as compared to other fabricating related companies ( National Academies Press, 2012 ) . When it comes to monetary value ordinance of drug in the society, the pharmaceutical company plays an of import function. With the outgrowth of new pharmaceutical companies, the drug industry has become competitory to the extent of the being of market power in the economic system because of the production of patent drugs ( Danzon, 2006 ) . In the American wellness attention, insurance companies have taken a major function in guaranting the American citizens get the needed medical intervention at a subsidised monetary value. This move has enabled the pharmaceutical companies to take down the monetary values of their drugs to accommodate the demands of the American economic society. In add-on, the pharmaceutical companies have resulted to turn to the economic issues of the society through developing drugs that have the same consequence as the patent drug known as me excessively and so repackaging into similar measures but in different sachets or economic friendly containers so as to accommodate the fiscal capablenesss of the bulk in the society. At the same clip, this move boosts the corporate gross revenues due to the addition in market demand. Price ordinance in a state affects the handiness of drugs in the state every bit good as other states Rosa parks EssayBecause clinical test in other states has become popular with pharmaceutical companies, worldwide wellness organisations have come together in a command to procure the hereafter of the participants taking portion in the clinical test and every bit good to protect their human rights. The United Nations and the World Health Organization are among the international human rights bureaus that have steered the run ( Lee, 2010 ) . The ends of these organisations are to guarantee the better protection of the test participant s wellness and human rights. The other end of these organisations is to guarantee that the pharmaceutical companies inform their participants about the hazards and benefits that come about with the research on the new drug. The pharmaceutical company ought to inform the test patients that as per the wellness attention ordinances, one ought to see the wellness deductions before embarking into such undertakings, and it should be an person s free will to t ake part in such research ( Lee, 2010 ) . Ecological and natural resources Pharmaceutical companies in a command to conserve their environment, they have become really active and in the procedure, accomplishing really impressive consequences. One manner is by ordaining rigorous regulations and ordinances sing the environmental preservation. Prolonging an ecological system in conformity to the works and carnal life becomes a stepping-stone in bettering the environment ( Berry A ; RondJnelli, 2000 ) . Even though the sums of waste produced by pharmaceutical corporations are undistinguished as compared to the other transnational corporations, they still play an of import function in environmental stewardship ( Berry A ; RondJnelli, 2000 ) . With an organisation s growing, there comes the demand to cover with certain environmental concerns including dirt and H2O pollution. This helps in conserving the ecology from taint and extinction. Global heating has caused so many jobs because of pollution and as per the Environmental bureaus directives, legion pharmace utical companies have introduced new and clean fabrication processes that cut down waste production and minimise the negative ecological impact. Taking a expression into the pharmaceutical companies, they consist of other subordinate concerns that are involved in fabrication, processing and explicating the medicative chemicals in pharmaceutical merchandises that can be consumed readily. The procedure of change overing the botanical merchandises into pulverization signifier and the explicating them into capsules, suspension or unctions can be really hazardous to the environment. Another thing about pharmaceutical companies is that they tend to concentrate on two major countries of human research that is in vitro and in vivo ( Berry A ; RondJnelli, 2000 ) . The pharmaceutical merchandises that are produced include vaccinums, human and carnal blood derived functions, blood plasma, and the anatoxins ( Berry A ; RondJnelli, 2000 ) . The procedure of fabricating such merchandises in this sector of research tends to be unsafe because of the radioactive, biological and chemical wastes they produce, which have inauspicious environme ntal impacts ( Berry A ; RondJnelli, 2000 ) . Harmonizing to research carried out by the transnational wellness attention corporations, rather a figure of these organisations have realized that their company installations can do environmental pollution and be damaging to the safety and wellness of their primary stakeholders ( Berry A ; RondJnelli, 2000 ) . An environment that has been polluted by commercial activities can take down the quality of life in such countries the organisation is located and being a luck five hundred company, they tend to endure a batch of fiscal losingss in the procedure. Adopting the Environmental Management Systems, EMS is the other manner the pharmaceutical companies have taken an built-in portion in safeguarding the natural and ecological resources. These direction systems comply with the International Organization for Standardization s ( ISO ) 14000 usher that advocates the decrease of waste merchandises and the negative environmental debasement by a pharmaceutical company as a consequence of the procedures related to fabrication and production ( Berry A ; RondJnelli, 2000 ) . The cardinal elements of an ISO 14000 Environmental Management Systems are ; aˆ? To specify the available public policies sing direction of the environment, aˆ? An organisation s chiseled assignment towards direction of the environment, aˆ? Management plans turn toing a concern and its relation to the environment in the company s public presentation programs, aˆ? Process of reexamining the direction in order to hold a uninterrupted environmental public presentation and betterment, and aˆ? Programs that ease the work of measurement, measuring auditing, and describing the public presentation consequences of environmental direction. Social issues As a consequence of making consciousness and bettering the planetary criterions, there was a demand for the regulative boards concerned with the pharmaceutical companies to come together and standardise the safety ordinances and quality associated with consumers so as to supply safe and quality merchandises expeditiously ( Castner, Hayes A ; Shankle, 2007 ) . Different states came together under their assorted wellness attention organisations to organize standardised wellness attention measures particularly in turn toing pharmaceutical companies and their function in production of drugs. The International Conference on Harmonization, ICH was a organic structure created by several states in order to stand for the regulative organisations and industries that deal with transporting out research ( Castner, Hayes A ; Shankle, 2007 ) . The pharmaceutical companies while turn toing the emerging planetary issues are seeking to try their engagement in the concern industry by coming up with criterions that guarantee the safety of the merchandise. The bulk of these organisations are turn toing incumbent societal norms towards achieving a sustainable society. This boosts their trust among the society further in add-on to being successful companies in the yesteryear ( Castner, Hayes A ; Shankle, 2007 ) . Rating pharmaceutical companies associating to Social issues While evaluation the pharmaceutical companies, I think they are in a better place to accomplish more in making consciousness and bettering planetary criterions. Numerous states are nescient about the new regulations and ordinances environing wellness attention. Alternatively of pharmaceutical companies taking advantage of them like the manner a bulk of such companies are making, they ought to educate them and do them conversant about the current social activities and edify such communities about the guidelines of carry oning clinical trials. Pharmaceutical companies should organize partnerships with authorities bureaus in the underdeveloped universe to come up with schemes of affecting them non merely as lab rats but as of import stakeholders in the procedure of developing medicative drugs at the least environmental debasement. Pharmaceutical companies overall public presentation in conformity with the nucleus values of Saint Leo University Saint Leo University is a Catholic University, and it upholds high degrees of unity in footings of accomplishing their nucleus values and aims. The pharmaceutical companies ought to emulate the values set aside in attainment of the stipulated codification of moralss in the workplace. In my sentiment, pharmaceutical companies have strived greatly in accomplishing the same nucleus values like Saint Leo University. aˆ? Excellence: In footings of excellence, pharmaceutical companies have made a enormous milepost in the find of drugs that can assist in bring arounding diseases particularly the malignant diseases like malignant neoplastic disease, and HIV and AIDS. aˆ? Community: Pharmaceutical companies have strived hard to guarantee there is mutuality between the company and its stakeholders while come oning to doing medical finds. They encourage the spirit of belonging among their staff members and the society. aˆ? Respect: By esteeming the environment, the pharmaceutical companies have attained the esteem and trust by the society. In assisting conserve the environment, the companies have helped to work out a immense threat to the society. aˆ? Responsible stewardship: Stewardship is the act of following something and having it. The command by pharmaceutical companies in having their society and conserving it ensures they have maximal optimisation of the available resources but at minimum environmental and resource depletion. aˆ? Integrity: Pharmaceutical companies have created trust and honestness among the company stakeholders and stockholders. Bing transparent in the fiscal aims has been a stepping rock in carry throughing its ends and duties. Constructing company- social trust ensures unity excessively.
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