Crazy World by Boys Like Girls free essay sample

Following a two-year rest, Boys Like Girls is back with â€Å"Crazy World.† This peppy, popular musical gang makes music that will make you move. Their quick paced music will right away set you feeling great. With persuasive verses and snappy tunes, this collection suits an assortment of tastes. â€Å"Crazy World,† tries different things with different styles, including nation and soul. â€Å"Be Your Everything,† â€Å"Hey You,† and â€Å"Leaving California† are slow and pass on misery without being exhausting. The verses can be contrasted with an affection sonnet. In any case, Boys Like Girls likewise makes music for having a ton of fun and moving. â€Å"Shoot,† â€Å"The Life of the Party,† and â€Å"Crazy World† truly get you into an energized state of mind. The guitar, drums, and piano mix together impeccably to go with the verses. Musicians Martin Johnson, Paul DiGiovanni, Morgan Dorr, and John Keefe compose all their own music. In view of individual issues, their music passes on feeling and heart. For instance, Johnson, lead vocalist and guitarist, composed â€Å"On Top of the World† about his mom who died. We will compose a custom paper test on Insane World by Boys Like Girls or on the other hand any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Young men Like Girls prominence began with the arrival of their first, self-named collection, which sold more than 580,000 duplicates in the United States. They performed on radio shows and opened for specialists including Avril Lavigne and We the Kings. Proceeding with their prosperity, Boys Like Girls appeared their subsequent collection, â€Å"Love Drunk.† Iconic and infectious tunes, for example, â€Å"Love Drunk† and â€Å"Two Is Better Than One† grabbed the eye of numerous youngsters. Alongside their ongoing single, â€Å"Crazy World,† â€Å"Love Drunk† earned a spot on the Billboard 200. Young men Like Girls makes feel-better, appealing tunes for our age. This band comprehends our circumstances and composes music to relieve our issues, yet their central matter is to have a great time and love life. Their music is a shelter for young people and claims to an assortment of tastes. We may live in an insane world, however lets center around having a ton of fun.

Union National Bank

Presentation Today’s business condition is trying to innovation watchmen in light of the fact that they need to create data frameworks that can adequately oversee unpredictable progression of huge volumes of information (Fox Do 2013, pp. 739-760). Decreasing the expense of overseeing data and guaranteeing information security are likewise huge difficulties that innovation guards need to think about (Marthandan Tang 2010, pp. 37-55). Different difficulties that face innovation watchmen are summed up in figure 3.Advertising We will compose a custom paper test on Union National Bank explicitly for you for just $16.05 $11/page Learn More This report will talk about the procedures that can be utilized to create Union National Bank’s data framework to abuse the capability of large information. Association National Bank (UNB) is an average size business bank that works in the UAE. The bank was established in 1982 in the UAE where its base camp are found (UNB 2014). UNB is an o pen organization that is claimed by the legislatures of two emirates to be specific, Abu Dhabi and Dubai. The bank’s items incorporate reserve funds, credit, and speculation services. Big information alludes to the â€Å"exponential development and accessibility of organized and unstructured data† (Zikopoulos Eaton 2011, p. 6). Huge information is related with four qualities to be specific, volume, speed, assortment, and inconstancy. Volume alludes to the way that enormous information is created from a few sources, which incorporate online networking, sensors, and exchange databases among others. The information frequently streams in at a phenomenal speed. Large information is likewise connected with changeability in streams since information from different sources is frequently created in a conflicting way (Marz Warren 2014, p. 15). Abusing large information can assist an organization with deepening client commitment, advance activities, forestall extortion, and gro w new income streams. UNB can understand these advantages in the event that it coordinates large information into its tasks emotionally supportive networks (OSS). OSS alludes to a PC based data framework that empowers supervisors to oversee different business forms adequately and proficiently (Clarke 2012, p. 67). Thusly, the execution of enormous information will be talked about with regards to OSS. Investigation Challenges Union National Bank faces the accompanying difficulties, which warrant reception of large information. To start with, the bank is right now on a development direction, which is described by quick market extension. At present, the bank has just 68 branches in the UAE, which it plans to twofold in the following five years by joining new markets in the Gulf Cooperation Council area (UNB 2014). In any case, the test to this extension plan is that the bank comes up short on the ability to accomplish a significant level of client centricity so as to draw in customers in new markets. This test is credited to the way that the bank scarcely examinations its customers’ information, for example, their online life exercises. Thus, the bank does not have a sufficient comprehension of the requirements of its customers.Advertising Looking for article on business financial aspects? How about we check whether we can support you! Get your first paper with 15% OFF Learn More The bank can defeat this test by utilizing huge information advancements to recover and dissect the immense volume of information available to its (Lemieux, Gormly Rowledge 2014, pp. 122-141). Second, the bank stores client information in various databases that are utilized by frameworks that perform explicit capacities, for example, client relationship the executives (CRM) and observing advance adjusting (UNB 2014). This forestalls combination of information to increase an unmistakable 360-degrees point of view about customers’ needs. Subsequently, the bank needs huge in formation investigation innovations that will coordinate its databases and encourage consistent examination of client data. Third, the organization comes up short on a key concentration to use the capability of its OSS. Successful administration of information requires trend setting innovations that encourage capacity, association, and recovery of huge volumes of information (McDonald Leveille 2014, pp. 99-121). Be that as it may, the bank despite everything utilizes an obsolete OSS that can just encourage investigation of static and notable information. In this regard, large information innovations will assist the organization with mining notable and new information in a close to ongoing way. Fourth, Union National Bank does not have a compelling information the board system. This test is exacerbated by the way that the organization utilizes impromptu investigation instruments that depend on the experience of its workers in information examination (UNB 2014). Therefore, the resul t of information investigation barely gives satisfactory experiences that are expected to settle on viable choices. Along these lines, the bank needs to receive â€Å"more progressed investigation strategies, for example, prescient and prescriptive examination that encourage exact demonstrating of client behavior† (Capgemini 2014, pp. 2-15). The bank can get to these strategies by receiving large information examination. Change The principle partners who will be influenced by large information at Union National Bank incorporate the workers, the administration, and clients. Representatives will be influenced in the accompanying manners. In the first place, representatives should experience thorough preparing so as to utilize huge information successfully. Associations can utilize huge information adequately just in the event that they have information researchers who have progressed quantitative aptitudes (Zikopoulos Eaton 2011, p. 78). In any case, the gracefully of informati on researchers is extremely low, though the interest for their abilities is regularly increasing.Advertising We will compose a custom exposition test on Union National Bank explicitly for you for just $16.05 $11/page Learn More For example, about 4,000,000 information researchers will be required all inclusive by 2015. Nonetheless, just a single third of the interest will be met because of the lack of information researchers (Zikopoulos Eaton 2011, p. 81). This implies Union National Bank will have no real option except to prepare its own information researchers to actualize and utilize huge information examination. Aside from improving employees’ aptitudes, executing huge information examination is probably going to change staff resolve (Schroeck, Shockley Tufano 2013, pp. 3-20). For example, improved administration and investigation of information is probably going to support the presentation of representatives. This will prompt improved assurance. The principle impact on c lients will be improved help quality. Just 37% of clients in the financial business accept that banks have satisfactory information about their needs as appeared in figure 1 (Capgemini 2014, pp. 2-15). In addition, just 43% of clients are fulfilled by the dissemination channels that are utilized by banks as showed in figure 2 (Capgemini 2014, pp. 2-15). Over 70% of officials in the worldwide financial industry accept that huge information investigation can assist them with improving help quality by extending their comprehension of client needs. In this regard, the bits of knowledge got from enormous information are relied upon to assist the organization with aligning its administrations to customers’ desires. Given these impacts, the accomplishment of enormous information at the bank can be upgraded by working together with different partners as follows. To start with, the promoting administrators and activities chiefs ought to work together with the providers of the huge inf ormation investigation framework during the advancement stage. This will guarantee that the framework is fit for dissecting all the exhibition pointers that advertisers and tasks supervisors hope to quantify. Second, the administration and all representatives ought to be educated about the capacity and anticipated that results of the framework should forestall opposition during the usage stage. At long last, clients ought to be guaranteed that the security of their information/data will be kept up. This will urge â€Å"customers to give the data that is important for the effective execution of large data† (DATASTAX 2013, pp. 3-15).Advertising Searching for article on business financial matters? How about we check whether we can support you! Get your first paper with 15% OFF Find out More Worth/Benefits of Big Data Big information will profit Union National Bank in the accompanying manners. To start with, it will permit the bank to expand its lead age and obtaining of new clients. The US Bank is one of the organizations that have expanded their client base by abusing the capability of enormous information. The bank utilized â€Å"big information investigation to incorporate information from its on the web and disconnected dissemination channels to increase an away from of its clients† (Capgemini 2014, pp. 2-15). This aided the company’s deals group to distinguish and contact potential customers. Thus, US Bank’s lead transformation rate expanded by 100% (Capgemini 2014, pp. 2-15). This implies Union National Bank can utilize large information to create pertinent leads that will in the end transform into real deals. Second, huge information examination will assist the manage an account with improving its credit chance evaluation. Right now, the bank is utilizing the FICO scores that assess credit value by considering just the customer’s budgetary history. Huge information examination will permit the â€Å"company to direct an increasingly extensive credit hazard evaluation by considering extra factors, for example, customers’ segment, business, and behaviors† (Ohlhorst 2012, p. 88). Thus, the bank will diminish its degree of non-performing advances by propelling credit just to clients who are fit for reimbursing their loans. Third huge information will encourage compelling business sector division. Huge information encourages mix of information concerning â€Å"past purchasing conduct, socioeconomics, and assumptions from online networking with CRM data† (Capgemini 2014, pp. 2-15). This aides in picking up bits of knowledge concerning customers’ inclinations, which thus encourages showcase division. Without a doubt, successful division will encourage strategically pitching and up-selling, j ust as, progress in client commitment and devotion. At last, compelling division will improve the bank’s deals. Also, the r

Excitement

Excitement Its pretty hard to live in Boston and not get swept away by Red Sox fever. You have an excuse if youre like Brandon 11, whos from Colorado, but other than that your only other refuge is that you dont like watching 230-lb guys (who can also throw a ball at 99 mph) Irish step dancing in their underwear. Who isnt a fan of that? Seeing as I fall into neither of these categories, I put off of grading 5.112 problem sets (which I was using to put off doing my own problem sets) and do a little jigging of my own. Things were pretty crazy around here last night, especially for my friends living in the fraternities (most MIT fraternities and sororities are directly in Boston, in Kenmore Square) and so I bring you these epic pictures of the riots fresh from Corey 10s camera, outside of his fraternity and home, Chi Phi (thanks Corey!): As Evan wrote, we had our own Burton-Conner-wide celebration last Sunday when the Red Sox beat the Indians. My floor, Burton 1, was just about the run up the stairs to celebrate with Burton 3rd when Burton 3rd burst through the door, at which point we all piled into the elevator and proceeded to cheer on every floor of the Burton side, followed by every floor of the Conner side (Burton-Conner used to be separate dorms, Burton and Conner, but were joined together and now peacefully co-exist as one happy hyphenated family). So Im excited by the Red Sox, especially the Red Sox winning the World Series. Im also really excited about a lot of other things, too, like peanut mms, the release of Leopard, dancing to Queens Dont Stop Me Now, and organic chemistry. (Did you see that transition? How smooth am I?) Theres this scary stereotype about organic chemistry being crazy difficult, which I definitely get. 5.12 (Organic Chemistry I) and 5.13 (Organic Chemistry II) may be my favorite classes Ive taken at MIT thus far, but that doesnt mean they were easy Ive had my fair share of frustration along the way, including more late nights than Im comfortable with studying the stereochemistry of Diels-Alder reactions. (And then Ive woken up after these late nights drooling all over page 485, so whatever I tell you here, remember that even if organic chemistry can be fun, its not always pretty.) A big part of orgo is trying to synthesize molecules using a smaller molecule and basic chemical reagents, which I sometimes have trouble visualizing. So why do I like it so much, even when Im not very good at it? I was trying to explain this, if somewhat incoherently, to Matt earlier today, so lets see if I can do a little bit better here: organic chemistry is like a puzzle. Its like one of those logic puzzles where youre trying to figure out who likes red trucks, and they give you all those rules like Lisa hates the color red, and David is scared of heights but only on Wednesdays except youve got to remember all the rules, like you need to know beforehand that Lisa hates the color red. And you have to know its because Lisa is really allergic to ketchup. So you can only let Lisa have.. trucks without ketchup. That was even more incoherent than when I was trying to explain it out loud, but you can take a couple things away from that (ironically) barely logical paragraph. One: college essays are just as open as blog entries to writing about whatever quirky hobbies make you happy, and why. So if youre having trouble getting started, just start writing down what motivates you. Maybe you want to be the driving force behind the new age of space travel because of that one time you saw Mir when you were little. Maybe you really like sitting under trees and getting hit in the face by leaves, or maybe you like synthesizing molecules. (I like both.) The hardest part is beginning, so feel free to be as incoherent as you like, and dont lose too much sleep over the fact that the deadlines are starting to pop up. (Save that for when you take organic chemistry.) Two: I was you like two seconds ago. I still dont know what Im doing with my life Im barely starting to figure out what I enjoy. So dont think that just because Im going into my second year here, Ive got it all figured out. Ill be the first to admit that I definitely dont. Im definitely REALLY excited about this last thing, though and I promise this is THE VERY LAST TIME I will ever mention that blogging scholarship ever again. With your AMAZING number of votes, I won 3rd! You guys were so incredible, and Im so stoked to have your support. I feel pretty badly about that last post, and for that whole month of spam Ive put you guys through for that, I apologize. But Im still open to questions and possible blog topics, so propose away. Until then, get excited! Three days until November!

Cyclon Hellas Sa In The Industrial Production Of Lubricants Finance Essay - Free Essay Example

Sample details Pages: 6 Words: 1887 Downloads: 9 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? PART 1 Cyclon Hellas is a company that operates in Greece in the industrial production of lubricants and the production and trade of packaged lubricants as also at the distribution of liquid fuels. Cyclon Hellas main target, is to provide quality products and services that respect both the needs of consumers and the environment. Since the beginning of the company which is estimated around 1981, through research and technological performance the company archived a high quality and ecological dimension of the products it developed.   Even the high competition not only in Greece but also in rest of Europe and Middle East, Cyclon Hellas has achieved to expand and play a great role among these markets only by maintaining the same philosophy, which springs not only from its consumers liability and satisfaction but also their partners collaboration.. Don’t waste time! Our writers will create an original "Cyclon Hellas Sa In The Industrial Production Of Lubricants Finance Essay" essay for you Create order PART 2             INCOME STATEMENT (Amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 000)                   YEAR YEAR          2009 2008 Turnover 372.651 403.615 Cost of Sales 349.536 377.393 Gross Profit/Loss 23.115 26.222       Selling Expenses 15.891 16.669 Administrative Expenses 4.725 4.529 Plus/ Minus Other Operating Income/Expenses 3.778 3.362       Profits before Interest/Depreciation 6.277 8.386 And Taxes/EBITDA          Plus/Investments income/Profits 3.78 591 From Associate Companies          Minus Financial Expenses 2.084 2.976 Profit before Depreciation and Taxes 4.571 6.001 Minus Total Depreciation 2.697 2.409       Net Profit before Tax 1.874 3.592 Minus Taxes 820 1.436       Profit after Tax 1.054 2.156       ATTRIBUTABLE TO:    Equity Shareholders 1.060 2.147 Minority Interest (6) 9 Net profit/(loss) after tax 1.054 2.156       Basic earnings/(losses) per Share EPS (in euro) 0,0397 0,0807 Diluted earnings/(losses) per share (in euro)          Other State revenue    Foreign Currency Translation (8) 1 TOTAL       1.046 2.157                ANNUAL BALANCE SHEET (Amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 000)       YEAR YEAR    2009 2008 ASSETS    Non-Current Assets    Tangible Assets 33.090 32.752 Investments in Real Estate 2.007 2.015 Intangible Assets 603 844 Participation in Subsidiaries and Affiliated Companies 33 33 Goodwill 467 467 Other Long Term Receivables 4.288 4.792 Total non-Current Assets 40.488 40.903 Current Assets    Investments    Inventories 8.510 9.295 Trade and Other Receivables 49.028 57.538 Cash and Cash Equivalents 4.243 6.034 Total Current Assets 61.781 72.867 TOTAL ASSETS 102.269 113.770       SHAREHOLDERS EQUITY AND LIABILITIES    SHAREHOLDERS EQUITY    Share Capital 12.532 12.532 Reserves 2.105 2.113 Retained earnings 14.705 13.645 Total Shareholders equity attributed to shareholders of the parent 29.342 28.290 Minority Interest 18 24 Total Equity 29.360 28.314 Long Term Liabilities    Long Term loans /(Leasing Liabilities) 373 16.745 Deferred Tax Liabilities 3.740 3.510 Employee Benefits 3.735 3.750 Grants 92 310 Trade and Other Long Terms Paybles 85 74 Total Long Term Liabilities 8.025 24.389 Short Term Liabilities    Trade and Other Sort Terms Paybles 35.686 33.906 Short Term Loans 29.198 29.198 Long Term Liabilities (payable next year) 0 4.000 Other payables and Accrued Expenses    Total Short Term Liabilities 64.884 61.067       TOTAL LIABILITIES 72.909 85.456 TOTAL LIABILITIES AND EQUITY       102.269 113.770 CASH FLOW (Amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 000)             YEAR YEAR    2009 2008 Profit/(losses) before Taxes and Minority Interest 1.874 3.592 Plus / (minus) adjustments for    Depreciation 2.697 2.409 Forecasts 142 (678) Grants Depreciation (165) (147) Transaction Changes (235) (6) (Profit)/loss from sale of fixed assets (268) (52) Interest charges 2.024 2.590 Operating Profit before adjustments in Working Capital    (Increase)/decrease in receivables 9.016 (14.268) Decrease/ (Increase) in Inventories 736 (1.164) Increase/(decrease) in liabilities 1.616 381 Interest Paid (2.024) (2.454) Income Tax Paid (335) (394) Cash flows from operating activities 15.078 (10.953)       Investing Activities    Receipts from sales of Tangible and Intangible Assets 2.919 4.422 Interest received 262 158 Receipts from sale of Subsidiaries 0 83 Cash flow from Investing Activities 2.534 3.981       Financing activities    Proceeds from loans 0 16.919 Payment of Liabilities from Financial Leasing 238 131 Receipt from fixed assets grants 0 91 Repayment of Loans 14.097 0 Cash flow from financing activities 14.335 16.839       Net increase in Cash and Cash Equivalents (1.791) 1.905 Cash and Cash Equivalents at 1st of January 6.034 4.129             Cash and Cash Equivalents at the end of December    4.243 6.034 PART 3 Group Ratios for Years 2009-2008 YEAR 2009 2008 RETURN ON CAPITAL EMPLOYED       27,8 21,5 RETURN ON EQUITY       12,8 24,5 RETURN OF SHAREHOLDERS CAPITAL (CAPITAL AFTER TAX)    7,2 14,7 RETURN ON ASSETS       1,83 3,15 GROSS PROFIT MARGIN       6,2 6,5 CURRENT RATIO       0,95 1,19 QUICK RATIO       0,48 0,58 DEBT / EQUITY RATIO       0,03 1,34 STOCK TURNOVER PERIOD       9,3 8,6 DEBTORS TURNOVER       26,2 26,7 CREDITORS TURNOVER       37,2 32,8   PART 4    STOCK MARKET RATIOS          CAPITALAIZATION          12.532.474,80 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ PRISE PER SHARE (price taken from Athens Stock Market DD 20/01/2010) 0.72 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ TOTAL SHARE AMOUNT          17.406.215,00 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬       EARNINGS PER SHARE    0.04 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬          P/E RATIO    18.0             DIVIDENTS IN YEAR 2009 1.060.000,00 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬    DIVIDENTS PER SHARE 0.017 ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬    DIVIDEND YIELD 2.36%                      PART 5                  INCOME STATEMENT (Amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 000)   (FORECAST FOR 1 YEAR)             YEAR YEAR YEAR YEAR    forecast % change       2010 2009-2010 2009 2008 Turnover 354.018 -5,0% 372.651 403.615 Cost of Sales 333.000 -6,0% 349.536 377.393 Gross Profit/Loss 21.018 -9,0% 23.115 26.222          Selling Expenses 15.500 -2,5% 15.891 16.669 Administrative Expenses 4.900 3,7% 4.725 4.529 Plus/ Minus Other Operating Income/Expenses 3.900 3,2% 3.778 3.362          Profits before Interest/Depreciation 4.518 -28,0% 6.277 8.386 And Taxes/EBITDA                Plus/Investments income/Profits 700 85,0% 378 591 From Associate Companies                Minus Financial Expenses 1.530 -26,5% 2.084 2.976 Profit before Depreciation and Taxes 3.688 -19,3% 4.571 6.001 Minus Total Depreciation 2.750 5,7% 2.697 2.409          Net Profit before Tax 938 -50,0% 1.874 3.592 Minus Taxes 430 -52,0% 820 1.436          Profit after Tax 508 -52,4% 1.054 2.156 It is expected a decrease of 5.0% concerning the Turnover of year 2010 due to the global financial crisis and the inflation change (plus the huge economical crisis in the Greek Markets) The Sales are also decreased since the increase of the gasoline, lubricants and fuel prise. The group has no problems with exchanges differences, due to the physical hedging policy. Selling Expenses will continue to grow (-2.5%). Administrative Expenses are also growing(3.7%) Longterm Loan on a euribor rate and fixed spread Financial Expenses are Decreasing (26.5%)payment for Leasing Taxation Rate is 25% for Years 2008-2009-2010 PART 6 ANNUAL BALANCE SHEET (Amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 000)          (FORECAST FOR 1 YEAR) YEAR YEAR YEAR    2010 2009 2008 ASSETS       Non-Current Assets       Tangible Assets 32.000 33.090 32.752 Investments in Real Estate 2.000 2.007 2.015 Intangible Assets 580 603 844 Participation in Subsidiaries and Affiliated Companies 33 33 33 Goodwill 467 467 467 Other Long Term Receivables 4.100 4.288 4.792 Total non-Current Assets 39.180 40.488 40.903 Current Assets       Investments       Inventories 8.7460 8.510 9.295 Trade and Other Receivables 47.672 49.028 57.538 Cash and Cash Equivalents 3.700 4.243 6.034 Total Current Assets 59.832 61.781 72.867 TOTAL ASSETS 99.012 102.269 113.770 SHAREHOLDERS EQUITY AND LIABILITIES       SHAREHOLDERS EQUITY       Share Capital 12.532 12.532 12.532 Reserves 2090 2.105 2.113 Retained earnings 14.200 14.705 13.645 Total Shareholders equity attributed to shareholders of the parnt 29.500 29.342 28.290 Minority Interest 17 18 24 Total Equity 29.939 29.360 28.314 Long Term Liabilities       Long Term loans /(Leasing Liabilities) 150 373 16.745 Deferred Tax Liabilities 3.900 3.740 3.510 Employee Benefits 3.700 3.735 3.750 Grants 70 92 310 Trade and Other Long Terms Paybles 100 85 74 Total Long Term Liabilities 7.920 8.025 24.389 Short Term Liabilities       Trade and Other Sort Terms Paybles 33.939 35.686 33.906 Short Term Loans 27.214 29.198 29.198 Long Term Liabilities (payable next year)    0 4.000 Other payables and Accrued Expenses       Total Short Term Liabilities 61,153 64.884 61.067          TOTAL LIABILITIES 69.073 72.909 85.456 TOTAL LIABILITIES AND EQUITY    99012 102.269 113.770 Creditors Turnover will remain the same as 2009 (37.2) Inventories Turnover will remain the same as 2009 (9.3) Debtors Turnover will also remain the same as 2009 (26.2) Tangible Assets Will decrease equal to the annual depreciation PART 7 ANALYSIS OF Cyclon Hellas SA (GROUP) The year of 2009 was marked from : a) the impact of the global financial crisis (reducing demand, reducing prices, foreign exchange and credit risks, given the uncertainty of the market). b) The reduction of prices of petroleum products (fuels, base oils) as a result of falling international prices of crude. c) The Reduction on the demand for lubricants. Profitability (all amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬000) The Groups turnover CYCLON Hellas SA in that year amounted to ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 372.651 against ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 403.615 in the corresponding period of 2008, a decrease of 7.98%.The decrease was primarily due to lower prices of petroleum products (fuel) of the parent company and the fall in sales of other activities and in particular lubricants. Operating earnings before interest, taxes, depreciation and amortization (EBITDA) In a group operating profit before tax, depreciation and amortization (EBITDA) decreased by 25% and determined the amount of ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 6.277 compared to ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 8.386 in fiscal year 2008.This decrease is the result of lower sales of lubricants and the profits. Net Earnings The net results of the Group, after taxes, profits amounted to ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 1.054 thousand compared to profits ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 2.156 in the corresponding last year 2008. Net profit after tax The net profit after tax were detrimental to this use at ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 244 compared profit ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 106 for the corresponding last year. The Probability Ratios Reveal: Roce: We have an increase on the level of profits in relation to overall capital employed to produce the profits (27.8 / 21.5). So the performance of the group is increasing. Roe: The decrease (almost 50%) of the efficiency of shareholders value. Roa: Since the great amount of decrease in Profit before Taxes from 3.592 to .1874 and the small deference between Total Assets of the 2 years we see that the ratio has decreased from 3.15 to 1.83 so the Group has not achieved its objective, which is the increase in sales volume and increase market share. Return of Shareholders Capital : We see , the great decrease of the Net Profit after Tax form 2.156ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ to 1.054ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ got us to the result of the simultaneously decrease of the Return of Shareholders Capital ratio from 14.7 to 7.2 (over 50%) Liquidity (all amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬000) The company achieves effective management of liquidity risk primarily through the equation to credit period, and secondly by providing sufficient reserves (cash and bank) as well as a rapid means of securing bank financing in the event of an unforeseen emergency. The Liquidity Ratios reveal: Current Ratio: Due to the fact that the change of the rate is small (1.19 to 0.95) we assume that the Group will not have any problem to cover all its Short Term Liabilities as its Short Term Assets remain in a great level. Quick Ratio: Even though we see a low rate in both years 0.48 0.58 and the Inventories (8.510ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 9.295ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬) are not in a level that in an emergency case should be easily converted into cash in order to cover the Liabilities, the Marketable securities (16.490ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 21.812ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬) and the debtors receivables (26.768ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ 29.582ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ ) could help the Group to solve an unexpected Liquidity problem. Capital Structure (all amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬000) The Group manages its capital to ensure that Group companies will continue to be viable maximizing return to shareholders by optimizing the ratio debt to equity. The Groups capital structure consists of debt , cash and cash equivalents and shareholders equity of the parent company include share capital, reserves and retained earnings. The capital structure of the Group is monitored on an ongoing basis. Part of this monitoring is the review of capital costs and risks. Debt/Equity Ratio: We see the great deviation between the two periods ratio 0.03 1.34 t inflects to the repayment of the loan(16.000ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬) in year 2008 and that has helped the Group to come in such a position that can have a health operating function and also a good finance growth. Working Capital (all amounts in ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬000) Working capital is the amount of capital which is readily available to an organization. That is, working capital is the difference between resources in cash or readily convertible into cash (Current Assets), and cash requirements (Current Liabilities). As a result, the decisions relating to working capital are always current, i.e. short term, decisions. n addition to time horizon, working capital decisions differ from capital investment decisions in terms of discounting and profitability considerations. They are also reversible to some extent. (Considerations as to Risk appetite and return targets remain identical, although some constraints such as those imposed by loan covenants may be more relevant here). Current Assets 61.781ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬-85.456ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬=-11.128ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ (year 2009) As we have a negative number we assume that the Group will not be able to operate, and that it has no sufficient cash flow to service long term debt, and to satisfy both maturing short-term debt and upcoming operational expenses. Current Assets 72.867ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬-85.456ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬=-12.589ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬(year 2008) As we have a negative number also in year 2008 , we assume that the Group will not be able to operate, and that it has no sufficient cash flow to service long term debt, and to satisfy both maturing short-term debt and upcoming operational expenses. Next we will use the measure of cash flow within the operating cycle. This represents the time difference between cash payment for raw materials and cash collection for sales. The cash conversion cycle indicates the firms ability to convert its resources into cash We use the Ratio from: Years 2009 2008 Stock Turn Over Period 9.3 8.6 days Debtors Turnover 26.2 26.7 days Creditors Turnover 37.2 32.8 days Operating Cycle 2008 = 8.6+26.7-32.8 = 2.5 Operating Cycle 2009 = 9.3+26.2-37.2= -1.7 Best Inventory managerial at year 2009 which helps the Group for uninterrupted production although it reduces the investment in raw materials , it minimizes reordering costs and hence increases cash flow. The Operating Cycle has a 4.2 difference between the two operating years , the funding of the Working Capital is inevitable.(Bank loan Factoring) The cash balance in year 2008 allows the Group to meet day to day expenses, but reduces cash holding costs. In year 2009 credit terms may l attract customers, such that any impact on cash flows and the cash conversion cycle will be offset by increased revenue and hence Return on Capital

Genetically Modified Foods And Their Labels - 1447 Words

Genetically Modified Foods Genetically modified foods are products that contain genetically modified organisms. There has been some controversy that customers should be aware on the nutrient labels if the product contains genetically modified ingredients. Researching this topic is very important for everyone to understand and this topic came to mind while finding a page online called Consumer Reports, which is base from, a magazine. This page explains to people why they need to know about GMO foods and their labels. The goal of this research paper is to let customers know that using genetically modified organisms can harm the body to some extent; it could possibly harm the environment, and it could drive up the cost of grocery prices.†¦show more content†¦Many people say that foods that are modified can be bad for the health. Americans have been eating GMO foods for many years now and they didn’t know till researchers found them in different types of foods. We actually know that GMO foods are actually dangerous to some extent, but if people say that it is not harmful it actually doesn’t means it is safe and healthy for humans. Scientist did research on genetically modified foods and found out that it could damage some parts of our bodies when eat foods that have growth hormones in it. They used animals on their studies to see if GMO foods are harmful. They found out that it could damage the immune system, liver, and kidneys. So it is important for stores to tell the people if it is safe to buy and eat and they will be aware of it. Every food store should have labels that say that is has been genetically modified with organisms and by this people will decide if they want to buy the product and it will help people with health issues in the future. This point is agreeable because GMO food products can influence people’s health outcome. These products can influence how people think about certain types of foods that have some type of artificial growth hormones inside the foods. People that know that it is bad for them can stop by eating more of this foods that are naturally made. Non-modified foods are healthier for our bodies because it is naturally produced without any type of technology. GMOs foods can have side effects

The Telephone Free Essays

The Telephone â€Å"Before the telephone came to Magdaluna, Im Kaleem’s house was bustling at just about any time of day, especially at night, when its windows were brightly lit with three large oil lamps, and the loud voices of the men talking, laughing, and arguing could be heard in the street below—a reassuring, homey sound† Anwar F. Accawi (p. 46). We will write a custom essay sample on The Telephone or any similar topic only for you Order Now It’s hard to imagine that a single device such as the telephone, albeit a breakthrough in technology, could change not only a person’s day to day life, but an entire village. These men in the village experienced all of the luxuries the village had to offer at no cost, Im Kaleem provided the men with a place to gather for conversation, games, drinks and sexual services. The children used to hang around Ima Kaleem’s courtyard playing games waiting for a call down from some of the men requesting errands in exchange for money. But that all changed once the telephone was installed, most of the men would now sit at Abu Raja’s store, â€Å"they were always looking up from their games and drinks and talk to glance at the phone in the corner, as if expecting it to ring any minute and bring news that would change their lives and deliver them from their aimless existence†. (p. 46) Exposure to the telephone not only affected the men in the village, but it also affected the women, children and their entire way of life. I get very excited to hear about, read about or experience new technology, and I grew up surrounded by a constant emergence of technology, from pagers and cell phones to the home pc. I remember when we bought our first computer, they were just becoming a common household device, my dad came home from the store and asked me to hold the door open while he trucked in these huge boxes, I had never seen my dad so excited about struggling and sweating while moving things in the house. I had no idea what was in those boxes, but I became curious and excited as my dad opened the boxes and removed all the packaging, taking everything out piece by piece. Watching my dad fumble around with the instructions and all the wires in anticipation of something big happening made me super excited and I had no idea what this even was. â€Å"You can do almost anything you can imagine with this thing† he said to me in a very animated voice. To me it just looked like a television sitting on a desk, I started to become bored of watching this spaghetti of wires get connected one at a time at a very agonizing pace. My dad was determined and after what seemed like hours of running back and forth between the wires and the instructions, he looked over at me with a huge smile on his face as he powered the computer on. â€Å"I’m finished† he exclaimed, â€Å"now let’s see with this thing can do† he said. He wasn’t kidding, this was amazing, you could send electronic mail that could be opened by the other person instantly, you could listen to music, instant message, play games with someone from another country, it seemed that there was nothing this device could not do. It was limitless with opportunity and could take you anywhere your imagination would allow. So I am not surprised that when this tiny village, that did not have the simple things in life such as a calendars, clocks or even running water, were so influenced by the arrival of the telephone. This gave the people new hopes and dreams, it gave them an opportunity to experience new things and find out what the outside world was doing and could offer. â€Å"Within a year, only the sick, the old, and the maimed were left in the village. Magdaluna became a skeleton of its former self, desolate and forsaken, like the tombs, a place to get away from†. Anwar F. Accawi(p. 7) The calls eventually came in as expected and people started leaving the village for new opportunities, some went into the army while others went to explore new jobs. All of them left looking for a better life than the one they had in the village. With new technology comes new opportunity, I’m not saying that newer is always better, but it can open you up to things you never thought possible. It can pro vide you with choices that you never had before. I believe in the end Accawi was happy with the way his life turned out but reminisced of how he loved his life as a young boy in the village. How to cite The Telephone, Essay examples

The Cold War Essays (1531 words) - , Term Papers

The Cold War The irrational fear of Soviet invasion gripped our country for over 35 years. That fear led to the upper echelons of authority making decisions, which would create a feeling of near hysteria throughout the public. Americans feared that the Soviets were planning some nuclear attacks on the States, and were frightened by the thought that the Soviets might have a lead in the arms race. The words ?race? and ?gap? came to be used everyday when referring to anything the Soviets created, and Americans felt that the ?gap? which kept America on top of the arms ?race? needed to remain a ?gap?. With our submarines constantly finding new ways to tap into Soviet intelligence, it seemed that America did, in fact, have the upper hand. This could have cause some to feel confidence instead of fear; however, this did not come to be so. The whole nation, from the very head of government to the bottom rungs of society, feared the Soviets. Was this fear justified? What caused such intense fear? This is w hat this paper will explore. We will use the movie Dr. Strangelove and the book Blind Man's Bluff to look at why it could have been justified and also at the reasons for why such fear came into being. We begin by analyzing why the irrational fear was justified. The movie Dr. Strangelove shows almost every aspect of Cold War mentality in the United States during that period. What amazes me is that the film was shown at all during that time, what with all the blacklisting and censoring that was happening. Newspapers, film, and books were being censored left and right; however, Dr. Strangelove tapped into society's fear of our printed material being used against us. The Russian ambassador in the film claims that they learned of America's development of a doomsday machine in the New York Times. Although this would seem highly unlikely, in Blind Man's Bluff, there are references to stories, which were in fact leaked out to the Times. The first reference is on page 194: ?On October 9, 1969, the New York Times ran a front-page story headlined ?New Soviet Subs Noisier Than Expected.'? The second reference is on page 273, when the NYT ran a five-column, three line headline: ?CIA Salvage Sh ip Brought up Part of Soviet Sub Lost in 1968, Failed to Raise Atom Missiles.? These newspaper headlines were what Americans were reading everyday, leading to the fear that Soviets might have the one-up on warfare vehicles, or that they would salvage those missiles and use them against America. Also, if Americans could read so freely about what was happening with the military, the Russians could very easily be reading the same thing. Once again, the fear that Russians would use this knowledge against us was widespread. There were reports that the Soviet Union was racing to build its own atomic bombs, and there seemed no doubt that the Soviets were ?out to make a grab for world dominance.? (Sontag, 5) ?This was the atmosphere of mistrust that gave birth to the Central Intelligence Agency and plunged its agents into an immediate duel with Soviet spies. This was the era of fear that inspired the West to once again join forces, now as the North Atlantic Treaty Organization. And all of this was the inspiration for the blind man's challenge, the call for submariners in windowless cylinders to dive deep into a new role that would help the nation fend off this menace.? (Sontag, 6) So we see that the fear was not only ever present, but justified. Sherry Sontag's book is a goldmine when it comes to understanding why the U.S. felt so afraid of the Soviets. ?The Soviets had been developing missiles at a phenomenal rate ever since they were forced to back down during the Cuban Missile Crisis.? (Sontag, 93) This was common knowledge throughout the world. However, the U.S. was coming up with questions in their minds about what the possibilities were if the Soviets were in fact advancing in their technology. ?Was it possible that, just six years after the Cuban Missile Crisis, the Soviets were positioned to launch a first strike with little or no

Budget Planning and Control Tootsie Roll Industries

Budget Planning and Control Tootsie Roll Industries About the company Tootsie Roll Industries is based in the United States and it deals with the production of food items that have high levels of Carbohydrates and sugar. The company was established in 1896 and it operates in the confectionery industry. Currently, it is a public company that trades on the New York Stock Exchange with the ticker symbol TR.Advertising We will write a custom research paper sample on Budget Planning and Control: Tootsie Roll Industries specifically for you for only $16.05 $11/page Learn More Currently, the shares of the company are trading at $31.86 per share. Further, the company has a market capitalization of 2.0 billion. At the end of the year 2014, the total revenue of the company amounted to $544 million while the operating income totaled to $84 million, an equivalent of 15.4% of sales. The net income for the year amounted to $63 million. The total assets at the end of the year 2014 amounted to $910 million, while liabilities and equity amounted to $220 million and $691 million. A review of the balance sheet shows that the company has more equity than debt in the capital structure. A review of the trend of the performance of the company over the years shows that the performance of the company has improved. Finally, the company has engaged more than 2000 employees. The paper seeks to analyze various aspects of budgeting for Tootsie Roll Industries. Reasons for budgeting There are a number of reasons why companies need to prepare and manage budgets on a period basis. The first reason is that budgets enable the management to plan for the future (Brigham Michael, 2009). In this case, the budget aids the management in developing a direction for the entity. It also facilitates the development of future policies for the organization. Also under planning, budgets aid management in planning for problems that might arise in the future. Finally, as a way of planning for the organization, budgets helps the managem ent in setting standards that can control the use of available resources (Collier, 2010). The second reason why companies need to prepare budget is that it aids in delivering important information on matters that deal with the capabilities of resources. An example is that a cash budget gives information on the ability of the company to generate revenue and pay for expenses. Further, a budget encourages coordination across various departments and units because the plan for a specific period is communicated to various employees (Brigham Michael, 2009). This contributes to the achievement of the overall objective of the entity. Thus, if the company carries out proper budgeting, then it serves as an effective tool for planning and controlling (Brigham Michael, 2009). Positive outcome The positive outcomes that are likely to be reported when budgets are carried out effectively are reduced costs and improved profits. This is based on the fact that budgets aids in effective management of costs and this has a positive impact on the performance of the company. As a result, the elements in the budget will be equivocal to achievement of the intentions of a company. Besides, the company will be able to track different budget performance matrices over a specified period of time.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Negative outcome The negative outcomes that are likely to be reported when budgets are carried out effectively are resource misuse and inability to track different parameters of performance of a specified period in a company. If budgeting is not done effectively, then there is likely to be misuse of resources since budget controls resource allocation and use in a company (Graham, Smart, Meggison, 2010). This will lead to poor working capital management and low level of sales. This may translate into poor performance since misusing resour ces cannot translate into efficiency. Therefore, it is important for the company to carry out planning for all financial years. Budget plan The company needs to come up with a comprehensive budget plan because it is involved in the production and sale of its products. Therefore, the high-level budget will capture the two aspects of the business and it gives strict control on spending (Brigham Michael, 2009). Thus, the high-level budget plan for the company is summarized in the table below. The plan above brings together all the aspects of the organization in one budget. It ensures that several employees are involved in planning and control of resources. Budgeting phases Budget preparation goes through four distinct phases. The first phase is budget preparation. This stage is quite critical because the resources available in the organization are reviewed to ascertain whether they can enable the company to achieve the desired goals and objectives (Brigham Michael, 2009). The phase is the approval of the budget while the third phase is executing the budget. The final stage is evaluating the budget. This stage ensures that resources are spent in accordance with the budget (Atrill, 2009). All these phases are critical because they ensure that the budgeting process is successful.Advertising We will write a custom research paper sample on Budget Planning and Control: Tootsie Roll Industries specifically for you for only $16.05 $11/page Learn More Methods and techniques of managing budgets Methods managing budgets The first technique of managing budgets is by preparing flexible budgets. These are budget relationships that can be adjusted to various levels of activities. This technique is suitable for performance management (Atrill, 2009). The second technique is by managing variances by exception. These variances can cause significant variations on the results. Managing variances is a technique that ensures that the company stays within th e budget (Hansen, Mowen, Guan, 2009). Techniques of managing budgets The first method of managing budget is drawing parallel budgets from which the most effective budget is picked. This method is necessary in minimize possible risks as a result of dynamics that might affect projections in a single fixed budget (Graham, Smart, Meggison, 2010). The second method of managing budgets is creating a matrix for balancing the actual and projected figures to ensure that the funds allocated for each function are spent within the acceptable degree of variation (Atrill, 2009). Action plan to resolve budget misalignment Flexibility is often compromised in companies facing uncertainty. In real sense, there should be a balancing system that is critical in improving leadership skills, evaluation skills, promoting creativity, and tracking goals (Graham, Smart, Meggison, 2010). Therefore, the basis for flexibility implementation should function on a comprehensive analysis of how budget monitors an y change in variance from expected outcome to facilitate work-life balance in a project (Brigham Michael, 2009). The concept should remain relevant even during economic downturn since an ideal tracker has a moderator within Pareto efficiency matrix (Arnold, 2008). Recommendations for resolving budget misalignments Managing variances by exception This is achieved through variance analysis to resolve budget misalignment. Variance analysis focuses on the difference between the actual and budgeted amounts. It analyzes the total variance between standard and actual result (Graham, Smart, Meggison, 2010). Variances can either be favorable or unfavorable. Variance analysis has a number of advantages. First, it helps in performance management. This is because the management uses results of variance analysis to measure performance against expected results. Secondly, variance analysis improves responsible accounting. Finally, variance analysis encourages management by exemption, that is, ma nagement puts a lot of emphasis on areas with adverse variances (Atrill, 2009). The rationale for this technique is the ability to track the variances that might be detected in budget implementation to ensure that these variations do not affect the overall outcome (Brigham Michael, 2009).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Preparing flexible budgets In line with the main objective to determine the forecast density closest to actual value, it is of essence to resonate upon the principles of relative performance of different competing forecast densities as part of the cost reduction system. In computing this, higher scores are given more priority since they are prone to give positive values. Besides, this model distributes higher probability to values observed (Graham, Smart, Meggison, 2010). From the different densities realized and those forecasted, the sequences of observed results on densities of return are compared from the base line of an average score. Subsequently, in line with the accuracy of equal forecast, the loss differential is expected to be minimal (Brigham Michael, 2009). The rationale for this technique is that the parameters and variables used are aligned to ensure that threshold on model-independent is achieved within competing parameters (Graham, Smart, Meggison, 2010). Thus, thi s is the most appropriate benchmarking for managing a budget. References Arnold, G. (2008). Corporate financial management. New York, NY: Pearson Publishers. Atrill, P. (2009). Financial management for decision makers. New York, NY: Pearson Publishers. Brigham, E., Michael, J. (2009). Financial management theory and practice. New York, NY: South-Western Cengage Learning. Collier, P. (2010). Accounting for managers. New York, NY: John Wiley Sons. Graham, J., Smart, S., Meggison, W. (2010). Corporate finance: linking theory to what companies do. New York, NY: Cengage Learning. Hansen, R., Mowen, M., Guan, L. (2009). Cost management: accounting control. New York, NY: South Western Cengage Learning.

Back Up Your Writing

Back Up Your Writing Back Up Your Writing Back Up Your Writing By Simon Kewin John Steinbecks dog ate an early draft of Of Mice and Men. Ernest Hemingway famously lost an entire suitcase of his early writings a suitcase that contained his originals and all his copies. The only copy of Thomas Carlyles The History of the French Revolution was destroyed when it was used to light a fire. It took him six months to recreate it. Dylan Thomas managed to lose the script for Under Milk Wood three times. These days, if youre using a computer to create and store your work, none of this should ever happen. While computer hard disks can fail and laptops can be lost or stolen, you should always have your precious work safely backed up. Making copies of computer files is a trivial matter and if disaster strikes, restoring your magnum opus to working order should be a simple matter of a few clicks. Many writers have some informal system for backing up what they create. Perhaps they copy everything to a CD or USB drive from time to time, or email a copy to someone else. These approaches are a good start, but theres no substitute for an automated mechanism. Its all-too easy to forget to carry out a back up. Whole weeks can go by without one being made and that means whole weeks of work can be lost. Computers are good at mundane, repetitive tasks like this whereas people often arent. Ideally, you should make (at least) two backups of everything you write : one local and one off-site or remote. The local one can be used to quickly recover an accidentally-deleted file, or to revert to an earlier version of a manuscript if something has been lost. A USB drive is ideal for this : they are cheap and portable. A 2GB (2 gigabyte) model can hold the manuscript of a 100,000 word novel a couple of thousand times over. You’ll also need some software to automatically perform the back up. There’s lots available, some of it free. The remote backup is vital if disaster really strikes and both computer and local backup are lost (because of, say, theft or fire-damage). There are numerous services available on the internet that will use your broadband connection to back up your files in a safe, remote location. If the worst happens, you can just download them all and carry on working. If you dont have a backup scheme in place, set one up now before its too late. Footnote : Backup and back up are often used interchangeably. The best approach is to treat backup as a noun : the name given to the copy of some data and to use back up as a verb : what you do to create a backup. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Freelance Writing category, check our popular posts, or choose a related post below:20 Words with More Than One SpellingDisappointed + PrepositionHow to Punctuate Introductory Phrases

Legal Technique and Reasoning Moot Case Study Example | Topics and Well Written Essays - 1500 words

Legal Technique and Reasoning Moot - Case Study Example When Barry asked Graham to unlock the door Graham refused and said that he would be released only after Barry finished cleaning the windows. This resulted in confinement of Barry for a considerable period of time2. My Lord false imprisonment is committed when an employee is deliberately and lawlessly held against his or her will not allowing him or her to leave the room. This could be done either by locking the person in a room or closing all the path through which he or she could go out. The most common way of retaining an employee by an employer is, when he refuses to allow the person to leave the room. The employer may do this by locking him or her in a room, or by putting someone at the door to the room to avoid the person from leaving. Nevertheless, movement of the person so imprisoned, must be entirely restricted so that the employer's action qualifies as false imprisonment. Thus in the case on hand Barry was locked on the scaffolding thereby completely restricting his movements. To be completely confined physically, the plaintiff must not be able to move from the place of confinement. A plaintiff, thus cannot be said to be totally confined, if a means of breaking out is available to the restricted person. Nevertheless, such means of escape must be fair and reasonable4. It was, for instance, a fair way of escape in (Wright v Wright) 5 where the escape required a nominal encroachment on the land of a third party. Thus for Barry v. Graham, Barry was physically restricted from moving out of the place.. ---------------------------------------- 4Burton v Davies [1953] St R Qd 26. 5Wright v Wright (1699) 1 Ld Raym 739. False imprisonment requires the captivity of another person or the control of their movement. To set up false imprisonment a plaintiff has to institute at least 3 elements, and perhaps a fourth also as is discussed below: (1) The plaintiff is restrained (that is he is, sort of imprisoned). (2) The defendant restrained the plaintiff and held captive. (3) The plaintiff has the suitable mental state, which is deliberate, almost certainly carelessness and maybe negligence. (4) Even though arguable, but extremely litigious contentious is the fourth element, and that is that the plaintiff must know of the imprisonment. If the supra mentioned elements are fulfilled then it is false imprisonment. Nevertheless sometimes it may so happen that the imprisonment which does not fulfil all these requirements may still be unjust in one of the two following ways: (1) It may be unjust in negligence6 (This case is for unintentional imprisonment). (2) It may be unjust due to an action as in the case (Williams v Hursey and Wright v Wilson)7, both the cases were for partial imprisonment. In case of (De Freville v Dill)8

Understanding people in organisation Essay Example | Topics and Well Written Essays - 3000 words

Understanding people in organisation - Essay Example Workplace structure can be described as the way individuals departments and managers in an organization work with each other to achieve the laid out objectives at the workplace. The work place structure can be informal or highly complex depending on the size of the company. Small businesses usually maintain simple workplace structures (Anderson, 2008). A simple workplace structure allows the leaders in that organization to have most of the control. The employees are usually flexible and usually possess knowledge and skills to perform many different tasks. Medium sized companies usually have a functional workplace structure in place. The functional workplace structure is organized around specific job functions. The structure groups employees together depending on the duties they perform within the organization. The leaders are categorized by departments and each employee performs duties according to the area of expertise. Health workplace refers to combined efforts of the employers and the employees to support and encourage health lifestyle habits and making healthy choices at workplace. A healthy workplace is one where people are safe, healthy and are happy to come to work. A healthy workplace can be created by developing health-related policies like no-smoking policies. It is also important to develop and encourage activities that promote team work. For instance, coming up with team related extracurricular activities like participating in walks for a good cause can also go a long way in promoting a healthy workplace environment. Another way of developing a healthy workplace environment is by organizing talks by health professionals who can advise employees on some issues affecting their health like alcohol abuse or smoking (Scott, 2007). A healthy workplace is characterized by the way employees relate with each

Drug Wars In Mexico: Overview of Cartels

Drug Wars In Mexico: Overview of Cartels A wise man once said, Im the king of the trap, El Chapo Jr, this man was 2 Chainz. Im talking about El Chapo and Mexican drug wars in general. Unlike most other research paper topics, drug wars are going on right now. In fact, from the time that you woke up yesterday morning to the time that you went to sleep last night, about 103 people died because of the drug war. Mexican drug wars are the result of killing for money, long time gang feuds, and because of the actions of high level drug lords. Mexican President Enrique Pena Nieto has made progress in stopping the drug violence. He has done things such as dropping homicide numbers 30% and arresting Joaquin Guzman in 2014. Money is the main reason for The Drug War. If it wasnt for the billions of dollars involved, most people probably wouldnt get involved in the lifestyle. Mexico, on average, spends about $431,000,000 per year on illegal drugs. Mexican authorities have revealed that drug cartels earn an estimated $64,340,000,000 per year off of the United States alone! That is enough money to buy every NBA and NFL franchise (therichest.com). Its not only large industries that make billions of dollars. Forbes Magazine estimated that his net worth is in the billions. The United States Government announced that a $5,000,000 reward was waiting for anyone who gave information leading to his location and arrest. Car ·tel (kà ¤rˈtel) n. An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition. Drug cartels pretty much run Mexico. The three main cartels in Mexico are the Tijuana, Sinaloa, and the Mara Salvatrucha Cartel. The Tijuana Cartel traces back the the Sinaloa State. Founded in the 1960s, the founders were Pedro Aviles Perez, Rafael Caro Quintero, and Ernesto Fonseca. It is important to note that the gang is a shell of what it was in the late 1990s (Insight Crime, 2015). The Sinaloa Cartel, often described as the largest and most powerful drug trafficking organization in the Western Hemisphere, is where the famous drug lord, El Chapo, thrives from (Insight Crime, 2015). El Mayo is second in command with the Sinaloa. While El Chapo has been sidelined in jail for short periods of time El Mayo takes over and handles things to perfection. El Mayo is a 68 year old man that has been in the business his whole life. He was the leader of El Chapos escape from prison in 2001 and in 2015. The origins can be traced back to Guadalajara cartel. In 1985 the cartel was involved in the 1985 torture and murder of a U.S. drug enforcement agent. While Mexico and the United States were on the hunt for whoever was behind all of this the cartel split up into multiple groups. The Sinaloa Cartel came out the most powerful. The Mara Salvatrucha Cartel is considered the most powerful street gang in the Western Hemisphere. They rob and bully their way into neighborhoods and have turned to crimes such as human smuggling and drug trafficking. The Mara Salvatrucha Cartel (MS13) was founded in the barrios of Los Angeles in the 1980s. The gang was made from immigrants to the United States because of a civil war going on in El Salvador, their previous home. The gangs members are often decorated with tattoos all over their body, and often on their face. National Security and Foreign Affairs Reporter JP Carroll said, MS-13 tattoos partially mean loyalty to the group or family, but they mainly demonstrate the identification to a specific lifestyle, representing the culture of the street. Also in this scenario, tattoos were like like a baptism of the member into a group, representing the turning point of the appartenance (The Daily Caller). El Chapo is right behind Pablo Escobar when it comes to most notorious drug lords in history. El Chapo was born in La Tuna somewhere from 1954-1957. There are no existing birth certificates of him that we know of. El Chapo is a professional at escaping prison. His latest escape was in 2015 from the Metropolitan Correctional Center in Manhattan, New York. He escaped through a 60 foot deep tunnel leading him to freedom. In the 10th-floor Special Housing Unit, known by its acronym, the SHU, pronounced like the shoe, around a dozen prisoners spend 23 hours a day in 20-by-12-foot cells, prohibited from communicating with one another. Meals are eaten in cells, and exercise is in a recreation area specifically for these inmates (Fox News). El Chapo has a lot of power in Mexico and all over the world. He became the Sinaloa Cartel leader in 1980 and needless to say, hes a billionaire. The Mexican Drug Wars will end soon. The FBI is cracking down on leaders more and more every day. Drug lords like El Chapo are always going to be on the run, Mexican President Enrique Pena Nieto has already made a ridiculous amount of progress but he wont be stopped until the fighting stops. The Mexican people live in fear every day. The people of Columbia believed that just because you are involved in the drug scene doesnt make you a bad person. Pablo Escobar is known as a hero in Columbia. He took care of the people of his country. The people of Columbia saw him as a father.Behind every crime is a story of sadness- Enrique Pena Nieto. Works Cited Crime, InSight. Tijuana Cartel. InSight Crime | Organized Crime In The Americas. Insight Crime, 17 Nov. 2015. Web. 27 Feb. 2017. Drug Cartel. Britannica School, Encyclopà ¦dia Britannica, 6 May. 2016. school.eb.com/levels/high/article/drug-cartel/607942#334007.toc. Accessed 7 Feb. 2017. Enrique Peà ±a Nieto. Britannica School, Encyclopà ¦dia Britannica, 12 Jan. 2017. school.eb.com/levels/high/article/Enrique-Pe%C3%B1a-Nieto/599569. Accessed 7 Feb. 2017. Joaquà ­n Guzmà ¡n Loera. Britannica School, Encyclopà ¦dia Britannica, 19 Jan. 2017. school.eb.com/levels/high/article/Joaqu%C3%ADn-Guzm%C3%A1n-Loera/600397. Accessed 7 Feb. 2017. Mara Salvatrucha (MS-13). Britannica School, Encyclopà ¦dia Britannica, 26 May. 2016. school.eb.com/levels/high/article/Mara-Salvatrucha/627101. Accessed 7 Feb. 2017. Post, Latin. How Mexican Drug Cartels Earn Billions in Drug Trade. Latin Post. KJ Marino, 03 Feb. 2016. Web. 28 Feb. 2017.

Internal And External Business Environment Of Bunzl Plc

Bunzl is one of the world’s fastest growing specialist distribution groups in international market. The groups specialized in providing one-stop-shop for customers within several business sectors. The business includes producing a range of product including outsourced food packaging, disposable supplies and cleaning and safety products, caterers, non-food retail, hotels, etc. Its operations spread across North America, Europe and Australasia. Within this paper, we will focus more on the retail sector of Bunzl’s business environment.The company existed as far as 1854, as a haberdashery business founded by Moritz Bunzl in Slovakia, but it was not named Bunzl plc until 1940. The Bunzl family transmigrated to US and Europe and formed Tissue Paper Limited, the original name for Bunzl plc. During its early years, the company enters various types of business some of them were successful and some other are failures. Going through several changes of direction, the company did no t loose its existence in local as well as international market.Today, the company is a focused international value added distribution and outsourcing group, with the addition of Filtrona, a supplier of fibre and plastic technology products to international niche markets, listed as a separate entity (‘History’, 2006). Within this paper, I will perform an analysis on the internal and external business environment of Bunzl plc. The following chapter will elaborate how the company manages its internal conditions during its daily operations. The next chapter is about the external conditions of the retail sectors, and the challenges it brought to Bunzl plc.In the later part of the paper, there will be a short analysis on how best Bunzl perform its strategic management to face corporate challenges. II. Internal Strategic Environment of Bunzl Plc II. 1 Bunzl Core Competencies Bunzl has formulated a range of corporate mission to guide its steps in daily operations. The company s upported manufacturers who assist in satisfying customers’ needs for the benefit of all. It aims to provide services of such excellence that customers prefer Bunzl as their supplier regardless of the brand and product they select (‘About Bunzl Distribution’, 2006).If all successful companies have their own values that describe their competitive advantages, for Bunzl, it is the effective and creative utilization of technology. The company has only a single and uniform hardware and software platform to operate its business. The main data center of the company resides at its Corporate Headquarters in St Louis. The facility includes UPS generator, dual A/C and redundant telecommunications. The company also has a ‘hot site’ disaster recovery center where all transaction data are relayed to this site as a protection from natural disaster (‘Bunzl plc – Major Products and Services’, 2006).The company has a real time software system consis t of order processing, purchasing, receiving, billing, sales, warehousing, distribution and accounting modules. All locations of Bunzl operations are equipped with those software and all of them are connected to a centralized database repository, which is maintained by corporate IT staff. The company also maintains a National Accounting Customers system that provides customers from all over the country with standardized reports (including fill rates, sales tracking, item utilization, etc).In the retail sector, the company has an extensive network of distribution centers that serves retail supermarkets. Using the technology elaborated above, the company aims to maintain the quality of its services. Furthermore, it utilizes e-commerce facilities for online ordering and EDI computer-based technologies to support its ongoing strategies to increase productivity, service quality and achieved their ‘packaged of performance’ slogan. E-commerce technology is also used to continu e explore new business opportunities.These new business opportunities might be pursued in the form of internal growth as well as acquisition of new business (‘Bunzl plc – Major Products and Services’, 2006). II. 2 Product and Market Management Bunzl retail segment grocery customers include small, regional and national supermarket chains as well as warehouse grocery stores. The retail segment provided Bunzl’s customers with disposable packaging, supplies and carryout items. The retail outsourcing segment has a fleet of over 370 trucks, operating through 83 locations in North America and serving all 50 states, plus Canada and Mexico (‘Bunzl plc- Business Description’, 2006).The company is the leading distributor of disposable paper and plastic packaging supplies to the retail grocery industry. This includes the self-distributing chains and wholesalers. Bunzl is the company who is recognized for revolutionizing the outsourcing industry. The compa ny revolutionized that industry by developing sophisticated marketing, procurement and logistics systems designed to lower the delivered costs of supplies. Within this retail sector, Bunzl offers customers three types of logistics systems, which are: ? Direct-Store-Door (DSD), which constitutes a direct delivery to customers stores and supermarkets? Warehouse Replenishment System, which describes a just-in-time delivery system to customers’ warehouses instead of to customers’ retail stores. ? Cross Docking, which describes a system that serves clients in accordance to their individual stores’ needs? It is a system of individualized store-ready deliveries. (‘Bunzl plc- Business Description’, 2006) II. 3 Financial and Performance Management From the figures displayed in their financial report, the company displayed an increasing amount of sales and net profit during the last decade.This displayed a considerable growth of market share which is an impor tant indicator of overall corporate performance. The profit margin and operational ratios also display positive indication. A more detailed data revealed that the company made ? 2,182 million from sales in the year 2000, while in the year 2005; the sales number went up to ? 2,916 million. Other sales numbers between the two periods indicated a stable increase of corporate performance. The operating profit account of 2000 displayed a number of ? 165 million, while in 2005, this number changes to ? 205 million.The number between the years also displayed a stable rate of increase. Other accounts from the income statement as well as the balance sheet indicated that the company manages their resources in a very presentable manner. II. 4 Human Resource and Culture Management In terms of human resource management, the company aims to provide employees with real jobs since the fist day of work. This means that the company will expect high quality of working performance, but not before all e mployees are provided with training that involves practical experience as well as formal programs.The company has high expectations on key personal skills such as teamwork, leadership, self-development, innovation and creativity. Maintaining these programs, Bunzl aims to: ? Increase employees’ personal effectiveness by concentrating on the tried and tested techniques used by managers and specialist around the world. ? Improve employees’ financial understanding by providing them with programs that educated employees to interpret financial information and make decisive contribution to the key financial ratios of the business? Help employees to concentrate on team working and enablement, making each of them realized that enablement of individuals are crucial to a team’s success, etc Graduates that joined with Bunzl stated that Bunzl has a carefully structured training scheme, which covers a wide range of areas and gives trainees exposure to the whole organization. They stated that the company only take few graduates but tend to be encouraging in the process of developing their practical as well as decisive skills. They also mentioned that the company values teamwork and equality in performing team tasks.III. External Business Environment of Bunzl Plc III. 1 Macro Environment (PEST Analysis) ? Political Politically, the company did not have many obstacles that harm growth. The company operates in foreign markets, but limited to the regions of North America, Europe and Australasia, in which, political business restrictions are minimum. Because Bunzl do not perform business activities in China or in other Asian economy, the business experiences minimum complications when it comes to government regulations, market entrance and tax.The company also has a reputation of providing employees with equal work treatment, this keeps all problems of race and nationality away forms Bunzl operations (Desloge, 2005). Furthermore, Bunzl plc is officially headq uartered in London, who provided it with a slightly lighter burden of taxation. Nevertheless, because most of the group’s operations are in countries with higher tax rate (US and European countries); the taxation charge recorded for Bunzl in its financial report could be higher that the UK base rate.For instance, in 2004 the recorder tax rate was 32%, which is slightly higher that the nominal UK rate of 30%. Another political obstacle is the approval of regulators in foreign country. This is because a country’s government where Bunzl interests in needs to protect local players. Therefore, politically, the objective of Bunzl to enter new market in a foreign countries might be delayed due to regulation to protect local players. ? Economic The retail segment is naturally a capital intensive business. Retail companies generally perform considerable borrowing actions which will be paid-off gradually by years of profit.In the case of Bunzl, the company has been on the busine ss for decades and therefore, has already a low debt to capital ratio. In order words, the company no longer has to carry the heavy burden of interest rates. Nevertheless, the company performed numerous large acquisitions in its operational years that new borrowings are made occasionally. For example, the net interest charge for continuing operations increased to ? 10. 8 million from ? 2. 9 million because increased average borrowings due to recent acquisitions (‘Bunzl eyes more acquisitions’. 2006).Environmentally, only a small portion of the increase in interest charge is caused by fluctuation of interest rates. The environments in which Bunzl performs its operations are comparatively stable. The translation issue also has a weak influence over corporate profitability. Any fluctuation would not cause changes to more than 1% of sales number. According to Porter and Ketels (2003), within the last two decades, the UK economy had shown some excellent economic metrics. The y also said that the awareness on the issues of competitiveness had also increased significantly.This situation had helped the country to improve the country’s prosperity since there is an increase in the level of labor force utilization (hours worked per employee, employment rate, and labor force participation rate). In addition, they found that the country had experienced good growth in labor productivity while the country’s export market share and the attractiveness of FDI (Foreign Direct Investment) were still stable. Despite the excellent performance in some economics metrics, Porter and Ketels (2003) pointed out that UK still lag many other advanced economies.They said while labor utilization is at high level, the country still face low labor productivity (Porter and Ketels, 2003). ? Socio-cultural Concerning the socio-cultural aspects, the company might consider following questions like, what are the attitudes toward foreign products. How strong are the environm ental issues? Are they important to address especially if we are embarking on international markets? (â€Å"PEST Analysis†). Under such circumstances, the customers and manufacturer/service providers, like Bunzl are closely related.It further influences the way Bunzl interacts with their suppliers in order to ensure the products tailored to fit their customers’ needs and faster delivery. In the socio-cultural aspect, the company does not deal with extreme differences of culture, as faced by other multinationals. On the other hand, the company faces a slightly more demanding corporate social responsibility (CSR) practices. Modern communities in the North America, Europe and Australasian region are more aware of the importance of a good CSR practice by multinationals.In the case of Bunzl plc, besides ensuring all-ethical operational processes, the company also performs various community investments. There is no apparent socio-cultural debacle in the corporate history. ? Technological The technological environment provided a tremendous chance for growth to Bunzl. The company lives within an advanced society where access to technology is practically limitless. The technology provided the company with the potential to increase the quality of its outsourcing services. For example, Bunzl can develop centralized procurement system, which employs computerized system as shown in the following figure:

Types of Ancient Greek Medicine

What do these three have in common? AsclepiusChironHippocrates Have you heard of a healing god of Greece called Asclepius or Asculapius? He was Apollos son, but his divine parentage didnt keep him alive after he became too good at his craft, depriving the Underworld gods of their denizens. Alongside the mythology about demigods bringing the dead back to life and a centaur who taught generations of heroes how to tend to their future, battle or quest-incurred wounds, were Greek thinkers and observers who furthered the craft of healing to what we would probably consider scientific levels. Ancient Greece is considered the home of rational medicine and the Hippocratic Oath, but that doesnt mean they rejected all forms of religious healing. Alternative and scientific medicine co-existed in the ancient world just as they do today. Lyttkens says that healing cults took an upswing at the time of the birth of secular medicine and doctors sacrificed to the healing god Asclepius. There were, of course, magicians, charlatans, and quacks, as well as midwives. The main divisions, according to G. M. A. Grube, were temple medicine, medicine connected with physical training, and the medicine of the medical schools. Medical Schools The two most important medical schools were those of Cos (Kos) and Cnidos (Knidos). Cos and Cnidos are in Asia Minor where there was contact with Asia and Egypt, as well as Greece. Practitioners from both these schools did not believe illness was connected with the supernatural. Treatment was holistic, involving diet and exercise. Typical physicians were itinerant craftsmen, although some physicians became public doctors (archiatros poleos) or attached to a household. They practiced rational medicine rather than deducing from philosophical theory. Temple Medicine The two main healing sanctuaries were located in Cos (again; remember religious and secular medicine were not mutually exclusive) and the birthplace of Asclepius, Epidauros (dating from the end of the 6th century). Following a sacrifice, treatment included incubation by which was meant the patient went to sleep. Upon awakening he would either be cured or have received divine instruction in a dream that would be interpreted by experienced priests. Gymnasium Gymnastic treatment, based on experience, relied mainly on athletic training and hygiene (mens sana in corpore sano). Henry says that the trainers were like chemists (druggists/pharmacists) to the Aesclepian priests. Gymnasium personnel administered enemas, bled, dressed wounds and ulcers, and treated fractures. The sophist Herodicus is called the father of gymnastic medicine. He may have taught Hippocrates. Sources Greek Medicine and the Greek Genius, G. M. A. Grube, Phoenix, Vol. 8, No. 4 (Winter, 1954), pp. 123-135Health, Economics and Ancient Greek Medicine,Carl Hampus LyttkensJanuary 2011Lectures On The History Of Medicine (Concluded), Alexander Henry, The British Medical Journal, Vol. 1, No. 172 (Apr. 14, 1860), pp. 282-284