What factors have shaped the processes of globalization Essay

What factors have shaped the processes of globalization - Essay Example The process of globalization started as earlier as mankind began trading (Garrett 154-171). Throughout history, globalization had had a number of bursts such as the time of great explorers, colonial experience, industrial revolution and transport revolution. The world has progressively shrunk with economic time and space. Globalization can also be defined as a process which based on the international strategies and it aims at expanding the business operations worldwide. It is usually precipitated by facilitation of the global communications in technological advancements, political, environment socioeconomic developments (Guisinger 65-69). Globalization can also be defined as process of the growing interdependence between people in the world. People are linked socially and economically by investments, trade and governance. The links are spurred by the liberalization of trade, information, communication and transport technology. Normally, any global economy is considered as an unpreced ented phenomenon and should not be confused with the economic internationalization. The world economy has been in existence since 16th century based on development of the international trade, migration and foreign investment. The national state acts as engine of the national state. A globalized economy has the potential of working as a unit on a planetary scale and in real time. Globalization may be as a result of growth of the multinational corporations, increased international trade, and application of computer and information technologies and the internationalization of finance (Guisinger 65-69). However, definitions for globalization vary based on approaches and sentiments by the definer. Globalization and globalism are used to express similar phenomena. Globalization is the process while globalism is the approach. The two can be differentiated with usual implication of globalization being negative and globalism being positive; globalization refers to the process through which c orporations move their factories, money and products throughout the world at extremely rapid rates in quest for cheaper raw material, labour, and the government may ignore and abandon the environmental protection, labour and consumer laws. Ideologically, this is unfettered by moral and ethical considerations. On the other hand, globalism entails the belief that the world is a fragile planet form survival, and it requires careful treatment and mutual respect for all the people. Therefore, like all the values and ethical beliefs, it calls for active practice in the daily lives. The three central features undergirding globalism include communication, resource sharing and mutual aid (Guisinger 65-69). Causes of Globalization The state ventures like colonial conquest act as key drivers to the globalization process. Globalization has reflected the market forces, particularly the exploitation the exploitation by both large and small businesses leading to a lot of benefits from the trade in commodities, capital and opportunities for emerging investment and markets. The global economic integration has been perpetrated through the behest of the World War II after leaders in Britain and United States enhanced the establishment of the international monetary fund and World Bank, to promote capitalistic and liberal world to counter the effects of Marxism and Socialism. The World Bank and IMF grant loans on condition that borrowing country reduces the role of the state in economy, remove the restrictions on the foreign investment, decrease

Diversity in America Essay Example for Free

Diversity in America Essay In an ideal world, humanity would understand that all mankind is created equally; that the underlying truth of each of us is goodness, and that through awareness, conscious choice and the willingness to create positive change, we could live in a world where diversity is celebrated. We would leave behind the substantial racist and oppressing patterns that exits in this world, specifically in the United States of America. It is said that the U. S. is a melting pot of cultures, and that we are a country of immigrants existing together as a new culture, living under the values of a democracy based on freedom, liberty and the pursuit of happiness. Yet this policy is completely disregarding the fact that as immigrants, we brutally committed genocide to the Native Americans. The dominant race in the U. S. A. is made up of white Euro-centric people, and looking at the patterns that exist in this culture is important to examine the history, the ways in which racism is alive and how and who is affected. We all must look at how, as an individual and within a community, we can work towards positive change, healing and understanding. As a society, we have committed and perpetuated the oppression of different cultures specifically the Native Americans, the Native Africans and the many immigrants from different countries. In the early history of the U. S. government, it is clear that there was a systematic method that aimed to remove the Native Americans from the land that was desired by the colonists, with the malicious intention to commit genocide. The first example of the patterns of racism that were established is seen in the fabrication of stereotypes onto the Native Americans. It was said that the Natives were â€Å"barbarians† and that they would rape and murder women and children and that they â€Å"served the devil† (Tataki, 1993, p. 41). The whites held the belief that the Natives were occupying land that the colonists felt entitled to. â€Å"White people also justified the genocide by saying that Native Americans died from diseases they were biologically unable to resist† (Kivel, 2002, p.126). It is a known fact that smallpox were given to the Natives as a way to kill them. Multiple examples exist throughout the history of the whites murdering, raping and unjustly exploiting almost every aspect of the Native’s culture. After committing such horrendous violations we are left with the inability to change all that has occurred and a great sadness that produces guilt, blame and anger that often stagnates a healing process and increases denial and avoidance. The Native American population has almost completely been destroyed. â€Å"At the time Columbus arrived in the West Indies there were approximately fifteen million indigenous people†¦ today†¦ the population of native Americans in the United States is around three million according to U. S. government census figures† (Kivel, 2002, p. 124) and the remaining Natives in America are mostly confined to reservations. This small fraction of designated land is no longer their original sacred land but it is being raped for natural resources. White settlers not only committed genocide but they also enslaved the Native Americans. This pattern of entitlement and abuse was continued with the legal capturing and enslavement of people of African decent with as much violence and oppression. The history of slavery in the United States that occurred through 1619 to 1865 began soon after the English colonists first settled in Virginia and lasted until the passage of the thirteenth Amendment to the U. S. Constitution. â€Å"Over the next twenty five years Virginia passed a series of laws that legalized slavery, producing a radically subordinate and stigmatized class below that of all whites† (Kivel, 2002, p.130). Although technically slavery was abolished in1865, a linage of abuse and inhumane treatment was installed and has been carried into this day and age providing a challenge to accept and comprehend the past. In an attempt in understanding black oppression, there are aspects that demonstrate this injustice. They are institutional racism, racist knowledge and power relations that are played out in our culture and in no way have anything to do biology. Individuals and societies have created and used race as a means to oppress and overpower other groups of people. Racial oppression is when a group of people dominates another for their own benefit disregarding justice and respect through the use of violence and defining and discriminating racial differences. This dominant group receives various benefits although in the larger picture all sides loose for the continuation of a pattern of pain and injustice is insured through these actions. African-Americans are a case of this racial oppression. They were turned into slaves because of the color of their skin. It is shocking that it did not start this way and that through the power of the U. S.government slavery laws were passed that enabled the white masters to turn the blacks into slaves. This is an example of the institutional racism used to enslave the blacks. Because of this occurrence, we, as a society, must break down the residual stereotypes that have instilled fear, pain and disconnection between the races, and to change the model that exists even at this point in time. Another example of racism in the U. S. is seen in the treatment of immigrants. This subject is personal, for on my father’s side of my family I am part of the first generation born in American. My father’s parents immigrated to the U. S. , to escape the holocaust and I am sure shared the dreams of the majority of different immigrants who traveled to the â€Å"land of opportunity,† escaping places of war and economic devastation to begin and pursue a new and better life. Through the duration of attending a class studying the diversity in America I have gained painful yet poignant knowledge of the racism that is still perpetrated upon immigrants, specifically on Jewish people. I have recently learned that groups of neo-Nazis congregate and commit acts of violence against Jewish people and immigrating races. This is terrifying to me and feels unacceptable while we live under a constitution that allows personal expression but does not permit such distinct racist and violent behavior. I am grateful and saddened that because I was raised in a protected and privileged community I have rarely experienced oppression and hateful discrimination when it so readily exists in our culture. In the past few months I find myself cycling through heartbreak, anger and disbelief of the injustice that has and still occurs, and then to a yearning for healing and equality for all. I remain in a space of wonderment, questioning the fact that although laws have been installed to prevent the acts of racism, fear, ignorance and violence is bubbling hot under the surface of our society, and we are a long way from a complete shift in humanity that I crave. I do believe there is hope. I believe that in gaining the truth of the past and diminishing ignorance of the harm that was and still is being done we open a door that may aid in the battles that are still being fought. Although the brutality of racism is alive, the potential to fight for the rights of all the people who live upon this American soil is possible, but the truth of the history and the attainment of awareness must be brought to fruition. Reference List Kivel, Paul, (2002). Uprooting racism: How White People Can Work For Racial Justice. Gabriola Island, BC VOR 1X0, Canada: New Society Publishers. Takaki, Ronald, (1993). A Different Mirror: A History of Multicultural America. New York, NY: Time Warner Book Group.

Rights :: essays research papers

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Heilners beneath The Wheel And Me :: essays research papers

Heilner's "Beneath the Wheel" and Me As it did every school day of my junior year, 11:12 AM had come once more to mark the end of my academic morning, and the beginning of my lunch period. After paying my one dollar for a small cherry vita-pup slush drink and a strawberry fruit roll-up, I would take my place at the usual lunch table. The next forty-five minutes were always used as an escape from the labor and frustration of the academic world. Whether my time was spent playing bass in the band room, or spent engaging myself in conversation with my close friends, I never let schoolwork, tests, or quizzes interfere with this opportunity to let my mind leave school for a few moments. Meanwhile, just a couple of tables away sat Chris. Just as religiously as I relaxed during the period, Chris would be diligently working. Chris and I did not have much in common, but one thing we did share was our Algebra II class that followed the lunch period. Most days Chris would still be studying while I was on the way out of the cafeteria. One day in particular, the bell that marks the end of the lunch period had just rung, and I was heading out for Ms. Henyon's math class. I saw up ahead of me, Chris frantically flipping through his Algebraic Concepts text book. I approached Chris and asked: "Did we have any homework we were supposed to do?" "All we had to do was study for the test today," Chris replied. As usual, I had forgotten another quiz; either that I had chosen to neglect it. Whichever it was, I never study for tests and quizzes. "Yeah, I've been studying for it all period. I studied last night too, so I should be pretty good," Chris added. "Oh, well that's a surprise; guess it slipped my mind," I responded. With time marching on I gave Chris a "see ya there," and went on my way. Two days went by and the test results were in. "Henyon" marched down the rows of desks and slapped the quizzes down on our desks like death passing judgement on us little students. At least that's how seriously some people took it. The usual aftermath of "What did you gets?" and "How did you do's?" inevitably followed. "How did you do?" Chris asked in a concerned tone, as if studying meant passing. "93, A-. How did you do?" "95, A. Good job Mike." Chris had spent hours and hours working to come out on top of me and the

Geely Holding? Group? Marketing Essay

Markets,? Marketing? and? Strategy? Essay? ? ? ? ? ? ? ? ? ? ? ? ? ? Strategy? This? essay? will? attempt? to? identify,? analyze? and? discuss? the? strategic? issues? in? Geely? Holding? Group? using? industry? structure? and? dynamics.? There? are? five? competitive? forces? that? shape? the? strategy? of? a? company,? threat? of? new? entrants,? bargaining? power? of? supplier,? bargaining? power? of? buyers,? threat? of? substitute? and? rivalry? among? current? competitors.? However,? as? covering? all? five? forces? will? be? beyond? the? scoop? of? this? essay,? it? will? be? focusing? on? threat? of? ew? entrants? and? rivalry. Even? though? Geely? Holding? Group? exports? cars? on? top? of? selling? in? its? local? market,? its? main? market? is? the? China’s? automobile? industry1.? With? China’s? automobile? market? growing? rapidly? in? the? last? few? years,? it? has? become? one? of? the? biggest? automobile? markets? in? the? world,? this? mean? that? t he? existing? firms? in? the? industry? will? have? to? be? aware? of? new? entrants? into? the? industry.? Gerenally,? barriers? are? high? in? an? automobile? industry,? and? there? are? several? main? factors? contributing? to? this.? One? of? he? factors? is? supply? side? economics? of? scale.? When? firms? have? high? output,? it? allows? them? to? cut? cost? in? production? by? buying? in? bulk? and? because? they? have? huge? buying? power,? supplier? will? not? want? to? lose? them? as? customers? and? give? them? better? deals.? They? will? also? be? able? to? spread? cost? over? more? units? for? their? marketing,? research,? services? and? distribution.? This? means? that? new? entrant? will? have? a? much? higher? cost? of? production? unless? they? are? able? to? come? in? on? a? large? scale.? With? 1. 2? million? Geely? cars? on? the? oad? globally 2,? this? is? certainly? an? advantage? that? Geely? has? over? smaller? new? entrants. Established? firms? also? enjoy? demand? side? benefits? of? scale.? When? more? people? use? the? product,? it? will? assure? people? that? the? product? is? trustable,? causing? even? more? people? to? be? willing? to? pay? for? the? product.? With? products? like? automobiles,? quality? is? important.? Incumbents? have? the? advantage? of? having? experience,? acquiring? technology? and? building? customer? loyalty? over? the? years? thus,? unlike? entrants,? they? do? not? have? to? spend? as? much? on? arketing? and? advertising? to? prove? that? they? are? trustable.? In? 2010,? Geely’s? sales? surpassed? target? by? 15,000? units3.? It? sales? will? be? a? testimony? of? its? reliability? to? new? customers? who? would? be? more? willing? to? buy? from? a? company? that? is? doing? well? than? to? take? a? risk? with? a? newcomer.? All? these? will? discourage? entry,? as? entrants? will? have? to? keep? their? prices? much? lower? to? compete? for? customers.? To? enter? the? automobile? industry,? there? is? a? high? capital? requirement.? The? high? level? of? investment? sometimes? will? keep? entrants? ut? because? it? means? that? risk? is? high.? Entrants? will? need? not? only? to? invest? in? fixed? facilities,? they? will? need? to? invest? in? advertising? and? research,? which? are? mostly? unrecoverable? cost,? if? they? 1? Geely? Automobile? Holdings? Limited? Annual? Report? 2009? [ONLINE].? Available? 2? Geely? Holding? Group? [ONLINE].? Avilable? from:? from: http://hmdatalink. com/PDF/C00530/e00175(116). pdf http://www. geely. com/english/1? 6. html 3? Geely? Auto? sales? surpass? 2010? target.? (January,? 2011)? [ONLINE].? Avaliable?

Totalitarian essays

Totalitarian essays LUJHANIS is based on technological advances making LUJHANIS a better society to live in. Society is the totality of social relationships among humans, a group of humans mostly well-known from other groups by mutual interest, participation in characteristic relationships, shared institutions, and culture. The one who will make the rules in our society will be the enforcer, the enforcer makes the rules for us to follow. The rules are very easy to follow not that much like The Giver. We, the society decide on who should be the enforcer, a trial is held and whoever wants to be the enforcer has to give their reasons and ideas, if your reasons are good and the society likes your new rules, or leadership you are the enforcer. Some of the rules that our society have are: 1. Dont break the law 2. Have responsibilities 3. Language that can be considered offensive on a basis of Sex, race, religion, creed, or national origin would not be Tolerated 4. Any attempts to undermine, or cause harm to LUJHANIS you will be doing time in prison. If someone breaks the rules they would be thrown in prison. In prison there is a maximum security and no way to get out, because there are video cameras watching 24/7 peoples every moves. The subjects that would be required to learn are the usual like: math, literacy, history, and science, etc... The subject that our community would emphasize is technology. Technology would be taught a little more, because the community is based on technological advances. Ages that would attend would be from six through seventeen, six is first grade, and at age seventeen is twelve grades. The education system is different from other education system, because our education system would have great tec ...

How to Change Your Own Oil

How to Change Your Own Oil Free Online Research Papers Knowing how to change your own oil makes it easier to maintain your vehicle. You will need to get the following items: a jack, a container to drain the oil into, the proper oil filter for your vehicle, know how much oil to get and what kind, oil filter wrench, a wrench to remove the plug from the oil pan. The first step you do after getting your tools and supplies together is to make sure the car has turned off and cooled down because the oil could burn you. Next, you jack the front of the car up to a safe height to get to the oil pan plug. Then, you take the container and place it underneath the plug bolt. Next, you will slowly loosen the bolt to let the oil drain out into the container without dropping the bolt into the oil. After the oil drains out of the oil pan, remove the old oil filter and let it drain into the bucket. Then, put the plug back in the oil pan, and put the new oil filter on with the oil filter wrench. Next, you pour the new oil in the motor through the spot where the cap says â€Å"Oil Here.† After the oil being poured, let it settle through the motor. After about 15 minutes, let the jack down, and start the car making sure the oil pressure is good. After everything checks out ok, put all the tools away, and properly dispose of the oil. Now you have saved time and money by changing your own oil. Research Papers on How to Change Your Own OilHarry Potter and the Deathly Hallows EssayThe Hockey GameBionic Assembly System: A New Concept of SelfWhere Wild and West MeetOpen Architechture a white paperHonest Iagos Truth through DeceptionThe Effects of Illegal ImmigrationGenetic EngineeringStandardized TestingCapital Punishment

SZABO Surname Meaning and Origin

SZABO Surname Meaning and Origin Szabà ³ is a common Hungarian occupational surname meaning tailor, or one who cuts or metes out. Surname Origin:  Hungarian Alternate Surname Spellings:  SABO, ZABO Fun Fact About the Szabo Surname Up until about the 17th century, Zabo was the most common spelling of the Szabo surname. Famous People With the Surname SZABO Laszlo Szabo - Hungarian chess grandmasterViolette Szabo (nee Bushnell) - decorated WWII female spyEcaterina Szabo - Romanian Olympic gymnastZachariah Szabo - American figure skaterDezsÅ‘ Szabà ³ - Hungarian writer Where Do People With the SZABO Surname Live? According to surname distribution data from Forebears, the  Szabo surname is by far the most prevalent in Hungary, where it ranks 3rd in the nation. It is also common in Slovakia, ranking 8th, followed by Romania (139th) and Austria (212th). Data from  WorldNames PublicProfiler  also identifies Szabà ³ as most prevalent in Hungary, by far, particularly in the Pest region. Genealogy Resources for the Surname SZABO Szabo Surname ProjectLearn about the Szabo DNA Surname Project at Family Tree DNA. Szabo Family Crest - Its Not What You ThinkContrary to what you may hear, there is no such thing as a Szabo family crest or coat of arms for the Szabo surname.  Coats of arms are granted to individuals, not families, and may rightfully be used only by the uninterrupted male line descendants of the person to whom the coat of arms was originally granted. SZABO Family Genealogy ForumThis free message board is focused on descendants of Szabo ancestors around the world. FamilySearch - SZABO GenealogyAccess over 1.9 million free historical records and lineage-linked family trees posted for the Szabo surname and its variations on this free genealogy website hosted by the Church of Jesus Christ of Latter-day Saints. SZABO Surname Mailing ListThis free RootsWeb mailing list for researchers of the Szabo surname and its variations includes subscription details and searchable archives of past messages. The Szabo Genealogy and Family Tree PageBrowse family trees and links to genealogical and historical records for individuals with the last name Szabo from the website of Genealogy Today. References Cottle, Basil.  Penguin Dictionary of Surnames. Baltimore, MD: Penguin Books, 1967.Dorward, David.  Scottish Surnames. Collins Celtic (Pocket edition), 1998.Fucilla, Joseph.  Our Italian Surnames. Genealogical Publishing Company, 2003.Hanks, Patrick and Flavia Hodges.  A Dictionary of Surnames. Oxford University Press, 1989.Hanks, Patrick.  Dictionary of American Family Names. Oxford University Press, 2003.Reaney, P.H.  A Dictionary of English Surnames. Oxford University Press, 1997.Smith, Elsdon C.  American Surnames. Genealogical Publishing Company, 1997.

ACCOUNTING FOR STRATEGIC & MANAGEMENT CONTROL'S [CASE STUDY] Case Study

ACCOUNTING FOR STRATEGIC & MANAGEMENT CONTROL'S [ ] - Case Study Example Strategic management accounting incorporates the concept of strategic management, the elements of management – planning, implementing and controlling, and the use of financial information to aid sustainable decision making (Ramljak & Rogosic, 2012, p. 56). Based on the above definitions of strategic management accounting, after the acquisition of the Boutique Hotel by Ave-Co, the 14 Hotels were divided into three regions headed by regional managers. First, each manager had an autonomous management authority over a region. Therefore, decisions such as price determination were done without prior consultation with the parent company. To some extent, the authority given to the respective regional managers contributed to the decline in financial performance of the Boutique Hotel. The reason is the regional managers, by acting independently, could lose sight of the overall objective of the company (Ma & Tayles, 2009, p. 473-480). Second, every manager should answer to another higher authority. This helps keep the managers interests and actions in line with the overall objectives of the company. The regional managers of Boutique Hotel were acting independently, thus were under no pressure to improve the financial performance of the organization. Therefore, the mentioned reason, partly led to the decline in the financial performance of the organization (Ramljak & Rogosic, 2012, p. 94-97). The two points discussed above were concerned with the control issues in the organization. Next in line are issues concerning the Ave-Co’s finance department. The financial department of the parent company had the dual responsibility of servicing both the parent company and the Hotel. However, there was little interaction between the Hotel managers and the finance department, which inhibited the sharing of financial information. Consequently, effective financial analysis and the implementation

A critical review of one other poster Essay Example | Topics and Well Written Essays - 750 words

A critical review of one other poster - Essay Example Significant adoption and implementation of business expansion and business operation strategies in several countries helped the organization to increase its overall market share. On the other hand, Volkswagen can be considered as one of the leading automobile manufacturers and distributors in global market places. Both these organizations are strong brand names within the respective industries in this global market place. Volkswagen entered into the emerging Indian market in the year 2011. Since then the organization adopted and implemented several unique business operation strategies in order to attain significant growth rate in Indian market. The demand for both fuel efficient and luxury automobiles has significantly increased among the Indian customers in the beginning of 21st century. Most importantly, demand for fuel efficient cars drastically increased among the Indians due to their price sensitive mentality (Kotler, 2008, p.59). The management of Volkswagen understood this demand quite significantly. They introduced vehicles in India under the big brand names, such as Skoda, Audi, Bentley and Lamborghini. This strategy helped the organization to gain huge brand image in India. Therefore, this business operation strategy can be considered as one of Volkswagen’s major strengths in Indian market. Innovative marketing, brand awareness strategy, product innovation and innovative business ope ration process can be considered as its other major strengths. Effective capitalization on vehicle financing opportunity helped Volkswagen to arrange sufficient financial resources in Indian market. In addition to this, capitalization of advanced technological resources and eco-friendly business operation practices helped Volkswagen to gain positive brand image in Indian market. Adaptation and implementation of these strategies helped Volkswagen to enhance its

Organizational Communication of Toyota Essay Example | Topics and Well Written Essays - 500 words

Organizational Communication of Toyota - Essay Example The real essence of leadership according to Toyota is embodied in two apparently simple, but potent concepts – respect for people and continuous development. For people in Toyota, respect means viewing them as long-term associates in the business that realize in value over time and challenging them to stretch themselves and grow (Liker, 2). Toyota made a "heart-breaking" broadcast that it had stopped making cars in Australia in 2017, bringing to a stop to the nations car production sector. They told their employees that they did everything that they could to change their business, but the truth is that there were too many factors beyond their control that made it unviable to build cars in Australia. In addition, that even though the company had made profits in the past, manufacturing operations had continually led to loss hence leading to closure (Wimmer, Engelbert & Arun, 4). Toyota’s present problem is a result of inadequately designed practices and weak implementation of operations on the part of the human resource department. Some of the HR processes that must have contributed to Toyota’s downfall include rewards, training, performance management, and the hiring processes. The reason of any corporate reward process is to persuade the right behaviors and to dishearten the negative. However, it may be that the rewards for signifying error-free results were so high that clear errors were swept underneath the table. As a result, the employees were not willing to put the effort on growth and hence collapse of the company (Magee, 5). Secondly, the purpose of training is to guarantee that employees have the right skills and capabilities to handle all situations they may come across including negative information which it seems management did not focus on. Moreover, the HR department of Toyota had a poorly designed hiring process that allowed hiring of individuals

List of Individual Rights Research Paper Example | Topics and Well Written Essays - 1250 words

List of Individual Rights - Research Paper Example The English Bill declares that choosing the members of parliament should be unrestricted. As such, limits on speeches in parliamentary debates like other bills. The English Bill of Rights is a manuscript that has a great significance in the English history. It is also a very vital chapter of the rights to those subjects under the English Law. The bill had some dissimilarity with US Bill of rights. The dissimilarities arose due to the difference in the process of enacting and undoing the bill (Vile, 2003). Unlike the US Bill of Rights, the English Bill of Rights could be enacted and undone by the statues. The US Bill of Rights could be enacted and undone by the constitutional amendment. Additionally, unlike the other Bills, which refer to the amendments in constitutions, the English one describes the rights for the individuals to petition the King (Vile, 2003). â€Å"The US Bills of Rights 1789† In 1989, the Congress in the US received 17 amendments of which ten were accepted a nd integrated into the constitutions. The ten integrated were named the Bill of Rights. The US Bills of Rights is similar to other bills like the English Bills of Rights. Some of the amendments in the US especially from amendment one to six have similar elements as those in the English Bill of Rights. Unlike the US Bills of Rights, the other bills of rights are more expansive. ... is a global customary law that describes the understanding of the inviolable rights of individuals like the US and the English Bill of rights (Horvits & Catherwood, 2006). The document by the General Assembly has some similarities with the other bill of rights especially the US Bills of Rights. This is because it was adopted based on the US Bills of rights. Additionally, like other Bills of Rights it consists of a list of the rights of persons from their private lives to their participation in the society (Horvits &Catherwood, 2006). The Universal Declaration of Human Rights 1948 is different from the US Bill of Rights and the English Bill of Rights since it is applicable globally. The others are only application to the states in which they were amended but not other countries. Additionally, it describes the responsibilities of the international community members (Horvits &Catherwood, 2006). Philosophical underpinnings The creators of the lawful system in the countries gave individua ls in the states the ideas used in developing the state particularly those who are within the Declaration of Independence and the constitution (Whitehead, 2008). In the Declaration of Independence, the words like life, autonomy, and contentment are very common. In the Bills of Rights, happiness is connected to material success and individuals are happy after owning property. In the present America, individuals love material things and the philosophical underpinnings related to the right to possess property are found in the books written by philosophers like John Locke (Whitehead, 2008). In his book, John Locke showed that individuals correspond with the Natures’ harmony. According to the philosopher, God made man and man’s mind; hence, it is possible for man to make his mind to be in

THE ELECTRIC TOWN CAR COMPANY Essay Example | Topics and Well Written Essays - 1000 words

THE ELECTRIC TOWN CAR COMPANY - Essay Example The variable costs of the product amount to 2000 pounds. Based on these two figures the contribution margin of a sale of a car towards the fixed costs of the company is 3000 pounds. The total fixed costs of the company which includes overhead related to administration costs, marketing, research and development and other costs is 150 million pounds. The end result of the breakeven analysis illustrated in appendix A is the company must sell 50,000 car units per year for the revenues of the company to equal its expenses. The pricing point chosen by the company of 5000 pounds is between 4% and 16% lower than the competition. The ETC project requires a capital investment of 500 million pounds to be invested in buildings, machinery, office equipment, information technology system and other fixed assets. The investors interested in the project stipulated a minimum 15% return of investment (ROI). Appendix B provides a price sensitivity analysis that shows the annual demand of the ETC product depending on the price point of the car. The Electric Town Car Company had a requirement of a 15% return on investment. At the original price of 5000 pounds the company produces a profit of 54 million pounds, but the return on the original investment is 10.8%, which is below the 15% requirement. In order to achieve the desired ROI the company must lower its price from 5000 pounds to 4600 pounds. At the 4600 pound price with a unit output level of 85,000 units the company obtains a 16.92% return on investment. It is r ecommended that the company operate at the 90,000 units full capacity output selling its product at 4600 pounds. At this price and output the return of investment increases to 19.68%. All the figures depicted in this paragraph are illustrated in Appendix B. An initial requirement for the potential investors in the ETC project is to obtain a return on investment of 15%. This ROI based on an initial investment of requires the company to

List of Individual Rights Research Paper Example | Topics and Well Written Essays - 1250 words

List of Individual Rights - Research Paper Example The English Bill declares that choosing the members of parliament should be unrestricted. As such, limits on speeches in parliamentary debates like other bills. The English Bill of Rights is a manuscript that has a great significance in the English history. It is also a very vital chapter of the rights to those subjects under the English Law. The bill had some dissimilarity with US Bill of rights. The dissimilarities arose due to the difference in the process of enacting and undoing the bill (Vile, 2003). Unlike the US Bill of Rights, the English Bill of Rights could be enacted and undone by the statues. The US Bill of Rights could be enacted and undone by the constitutional amendment. Additionally, unlike the other Bills, which refer to the amendments in constitutions, the English one describes the rights for the individuals to petition the King (Vile, 2003). â€Å"The US Bills of Rights 1789† In 1989, the Congress in the US received 17 amendments of which ten were accepted a nd integrated into the constitutions. The ten integrated were named the Bill of Rights. The US Bills of Rights is similar to other bills like the English Bills of Rights. Some of the amendments in the US especially from amendment one to six have similar elements as those in the English Bill of Rights. Unlike the US Bills of Rights, the other bills of rights are more expansive. ... is a global customary law that describes the understanding of the inviolable rights of individuals like the US and the English Bill of rights (Horvits & Catherwood, 2006). The document by the General Assembly has some similarities with the other bill of rights especially the US Bills of Rights. This is because it was adopted based on the US Bills of rights. Additionally, like other Bills of Rights it consists of a list of the rights of persons from their private lives to their participation in the society (Horvits &Catherwood, 2006). The Universal Declaration of Human Rights 1948 is different from the US Bill of Rights and the English Bill of Rights since it is applicable globally. The others are only application to the states in which they were amended but not other countries. Additionally, it describes the responsibilities of the international community members (Horvits &Catherwood, 2006). Philosophical underpinnings The creators of the lawful system in the countries gave individua ls in the states the ideas used in developing the state particularly those who are within the Declaration of Independence and the constitution (Whitehead, 2008). In the Declaration of Independence, the words like life, autonomy, and contentment are very common. In the Bills of Rights, happiness is connected to material success and individuals are happy after owning property. In the present America, individuals love material things and the philosophical underpinnings related to the right to possess property are found in the books written by philosophers like John Locke (Whitehead, 2008). In his book, John Locke showed that individuals correspond with the Natures’ harmony. According to the philosopher, God made man and man’s mind; hence, it is possible for man to make his mind to be in

Miumiu Essay Example | Topics and Well Written Essays - 2250 words

Miumiu - Essay Example The portfolio of products of this brand includes Apparel, Jewellery, Accessories including eyewear, Bags and shoes though the main focus is on apparel. The collections portray the strong and autonomous identity it has created for itself (Jackson and Shaw, 2006, p.69). The brand aims at evoking a lavish sense of intimacy and liberty with an attention to intricacies and superior quality. The brand targets those women who would explore and experiment with their choices in fashion. Thus liberty, freedom and autonomy are the key words that drive their business. Miu Miu had the opening fashion show in Paris in 2006. In 2011, it also started retailing its products online. The concept in which the Miu Miu boutiques were designed had a liberty aspect to it in the most dramatic way possible and a combination of archetypal material and futuristic facets were incorporated in the style to highlight the unfailing courage of the modern opulence and sensuality in the style of Miu Miu (Tungate, 2012, p.192). The flagship store was also shifted to a building of historic relevance in Milan, in order to incorporate this taste and the fashion shows were conducted in Paris rather than Milan which the brand believed went better with the image of the brand. The uniqueness was maintained also by eliminating men from their target of customers. In its efforts to promote the brand in times of recession, the brand launched â€Å"The Women’s Tales† a project in which five prestigious women film directors were asked to shoot silent films which would have a focus on the Miu Miu line of clothing and accessories and the first four were screened at the Venice International Film Festival. The fifth one is on the making. The theme around which the brand revolves is ultra modernity, style and luxury (Liu, 2010, p.47). The products are designed by the specialists after thoughtful observation of the recent developments around the world, the changing society and shifting cultures. Thus t he brand has moved out of the limitations of the showrooms and boutiques in order to interact with the rest of the world full of diversity. All these have led the family business to a becoming a successful fashion brand operating in more than 70 nations. History of the parent company: the Prada Group The Brand Prada came into existence in 1913, when Mario Prada set up a store selling luxury items including bags and jewellery in Milan. The goods were handmade and exclusively designed with materials of first class quality. Immediately the brand became a status symbol for the aristocratic population of Europe. In 1919, the brand started supplying merchandise to the Italian Royal Family (Prada, 2012, p.5). In 1977, the granddaughter of the originator, Miuccia Prada, restructured the brand with Patrizio Bertelli, a Tuscan businessman, and sustained the business in a new way. Over the years, opened stores in various other places and met success. The brand still targeted the elite of the s ociety and produced apparel, shoes and other accessories. The brand Miu Miu was the brainchild of Miuccia Prada who started this new brand as a form of diversification strategy targeting the ultramodern women. Employee Creativity and Innovation in MIU MIU The distinctive feature of Miu Miu comes from the typical process of management

Coach †The Leading Consumer-centric Corporation Essay Example for Free

Coach – The Leading Consumer-centric Corporation Essay Abstract Fashion trends are sensitive, and customers are unpredictable. It makes fashion industry become a highly competitive market. To survive and thrive, fashion companies need distinctive strategies. It seems aspiring but not many firms can achieve. As an exception, Coach proves its success in this challenge by not walking through the same way as others rivals (e.g. Gucci, Louis Vuitton, Prada, and Hermes) have done. Coach has created a customer-focused model and a result-driven strategy to lead its business to overcome crisis and expand market. Even though there still have many challenges in the fashion sector, Coach’s strategy seems to be sustainable. Coach – The Leading Consumer-centric Corporation Coach was a family-run company founded by Miles Cahn in 1941 in New York (Coach, 2012). Coach was famous for traditional crafted leather goods, but keeping the classic styles drove it to dramatically lose market share. Based on the excellent management of Chairman Lew Frankfort, Coach shifted from a conventional leather division of Sarah Lee Corp. to a fashion-oriented brand name and a customer-centric corporation (Boorstin, 2002). Coach has thrived not only in North America but also in Japan, China and other countries (Coach, 2012 Tsukahara, 2011). Therefore, Coach’s strategy is sustainable. Successful Management in Turbulent Economic Conditions The secret formula for Coach’s success simply comprises two components. First, it is the perfect collaboration between Lew Frankfort (Chairman and CEO) and Reed Krakoff (President and Executive Creative Director). Since Frankfort took his office, he implemented several typical reforms: created customer database to examine consumer behavior, built multichannel distribution system (retail stores, factory outlets, boutiques, and online store), and hired Reed Krakoff to refresh Coach’s product design (Slywotzky, 2007). Krakoff made a revolution in Coach conventional product lines by using new materials, shapes, styles, and colors to attract more customers but not abandon its loyal fans (Slywotzky, 2007). Second, consumer-focused strategy makes Coach stand out. Based on customer information that is collected through various angles, Coach can sooner identify problems and quickly adjust. In a nutshell, Coach’s success derives from a blend of â€Å"understanding the consumer, being results-driven and at the same time anticipating when fashion is happening (Karimzadeh, 2004). What Makes Coach Different From its Competitors? Coach chooses to operate in its own way. First is â€Å"selling luxury for the mass† (Gogoi, 2005). Coach sets product prices 50% lower than Gucci or Louis Vuitton to attract cost-conscious customers (Takahara, 2008). Coach’s numerous product lines satisfy diverse market segments based on ages, regions, and cultures. However, product quality must be maintained to be considered as luxury goods (Slywotzky, 2007). Second is the customer-driven operating model. Coach spends around five million U.S. dollars annually on market research to collect customer information through private interviews, telephone surveys, competitive analysis, and in-store product tests (Slywotzky, 2007). By putting customers into operating process from input (what customers desire) to output (product testing), Coach can modify its products to satisfy customers’ requirement or increase production of favorite products (Slywotzky, 2007). For example, Japanese customers usually commute to work, so they prefer small bags (Tsukahara, 2011). Moreover, database shows that customer usually visits store every month so Coach launches its new products monthly to attract customers and give them more new choices (Slywotzky, 2007 Tsukahara, 2011). Third is the tight management. The executives check sales operation of each store daily and frequently review each business unit as well as the total business planning (Boorstin, 2002). Lew Frankfort even visits stores a few times a week to check their operations and directly evaluate customer responses (Slywotzky, 2007). Fourth, Coach has a flexible production process by using 100% outsourcing in 16 countries around the world (e.g. Vietnam and China), which neither Gucci nor Louis Vuitton is interested in (Karimzadeh, 2004 Tsukahara, 2011). This also helps Coach cut off fixed costs, and reduce time consuming from production to sales operation. Fifth, Coach has a huge multichannel distribution system: 500 stores in U.S and Canada, 300 direct-operated stores in Japan, China, Singapore and the like, a set of boutiques in particular department stores and an online website coach.com (Coach, 2012). This provides more opportunities for Coach to expand business globally. Coach Strategy is Sustainable In this highly competitive market, Coach has its own weapon to be considered sustainable: understanding customers and building a solid business structure. With a huge database of 9.7 million families from different viewpoints (Slywotzky, 2007), Coach knows how to make its products fit with customer demands or even how to set reasonable prices. For example, a survey before launching the New Hamptons Lap Satchel revealed that customers were willing to pay 328$ for this product, which was 30$ higher than prediction, then Coach immediately reprinted the price tags and sales augmented (Slywotzky, 2007). Moreover, with the close management as described above, Coach runs its operation sensibly by focusing on any detailed changes in sales and customer behaviors. Besides, Coach has a diversified product category (handbag, wallet, suitcase, accessories, perfume, and clothes) with various designs and an enormous distribution channel to help Coach approach many different market segments. In an interview with Fox Business in 2011, Frankfort was confident that Coach’s strategy was sustainable in that turbulent time, he only concerned about the macro economy: the slowly irregular economic recovery might affect consumer confidence in purchasing decision. Conclusion To gain market share, Coach chooses a unique way to operate: Coach’s customer-centric model, together with the perfect combination of logic (represented by Lew Frankfort) and magic (symbolized by Reed Krakoff), help Coach thrive in such a very competitive fashion industry. Even though there might be many forthcoming challenges, Coach’s strategy is sustainable because understanding customers helps Coach identify risks sooner and respond faster. References Boorstin, J. (2002, October 28). How Coach got hot The maker of the indestructible purse finally considers style. CNNMoney. Retrieved on Oct. 25, 2012 from http://web.ebscohost.com/ehost/detail?sid=2f9ec3fa-9541-4044-87e1-2ddd37107d03%40sessionmgr112vid=1hid=127bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=bthAN=7567234. Coach (2012). Coach financial tear sheet. Retrieved on Oct. 25, 2012 from http://phx.corporate-ir.net/Tearsheet.ashx?c=122587. Gogoi, P. (2005, November 28). Selling luxury for the masses. Bloomberg Businessweek. Retrieved on Oct. 25, 2012 from http://www.businessweek.com/stories/2005-11-28/selling-luxury-to-the-masses. Glick, A. (Interviewer) Frankfort, L. (Interviewee) (2011). Coach evolving its base with poppy. Retrieved on Oct. 25, 2012 from http://video.foxbusiness.com/v/3951579/coach-evolving-its-base-with-poppy/. Karimzadeh, M. (2004, March 1). Riding Coach’s express: No signs of slowdown as luxe brand zooms. Women’s Wear Daily. Retrieved from http://www.wwd.com/fashion-news/fashion-features/riding-coach-8217-s-express-no-signs-of-slowdown-as-luxe-brand-zooms-695558?full=true. Takahara, K. (2 008, September 12). Coach builds brand of affordable luxury goods. The Japan Time Online. Retrieved on Oct. 25, 2012 from http://www.japantimes.co.jp/text/nb20080912a3.html. Tsukahara, M. (2011, November 26). A study of brand/ Coach keeps on riding high. The Daily Yomiuri. Retrieved on Oct. 25, 2012 from http://www.yomiuri.co.jp/dy/business/T111121007083.htm. Slywotzky, A. J. (2007). The upside of strategic risk. In Oliver Wyman Journal. Retrieved on Oct. 25, 2012 from http://www.oliverwyman.com/pdf_files/OWJ-UpsideofStratRisk.pdf.

The Comedy Knocked Up Media Essay

The Comedy Knocked Up Media Essay The comedy knocked up was written, directed and produced by Judd Apatow, and was one of the highest grossing films in 2007. Released at the end of May in 2007, it succeeded as a summer blockbuster and won the people and teen choice awards for favorite movie comedy. Distributed by Universal, the film grossed over $148 million. Knocked up follows the unplanned conception of successful single woman Allison, with unlikely partner loser, pothead Ben. After a night of drinking and dancing with Ben at a bar, Allison invites Ben over to her place and, both drunk, they have sex and conceive a baby. When Allison finds out, she decides to keep the baby and tries to force a real relationship with Ben. Despite a rollercoaster of fights, emotions, and immature baby jokes, Allison and ben ride off together in the s last scene to the apartment Ben has prepared for Allison and her new born baby. This film is important because it reveals the disparity between social realities of pregnancy and the historical trajectory of pregnancy and how it relates to the current naturalization of pregnancy as a commodity. Allison is seen as deviant because she is unwed and was drink during the conception of the child. As well as having a one night stand. But she is seen as normal cause she tries to fix the situation a form a relationship with the father, and in the end she does. This movie reflects a particular cultural, political and social situation that informs our understanding of the discourse of pregnancy. Commodity pregnancy is working through the culture industry to portray pregnancy as glamorous and even trendy, while in popular film pregnancy is plotted as unintended and framed as a grave problem. The bump is not a blessing. Abortion has since been included in various television shows, and movies, has been a major topic of debate in politics, and is a known medical procedure- whether one is pro- choice or pro-life, people are conscious of the abortion. Yet, the word abortion was never mentioned in the movie and was instead referred to as a  ¿Ã‚ ½smushmortion. ¿Ã‚ ½ Or the mother told Allison to have it taken care of , insinuating an abortion, like her step sister did. While the word abortion was never in the movie for reasons unknown, the fact that female body parts, assumed duties of females, biological functions, and physical appearances are the punch lines of so many jokes proves the film makers were not afraid of offending anyone, they just had a view on what was to controversial. In the movie Allison and Ben intend to use a condom in their night of drunken sex, but due to a miscommunication, Ben does not put the condom on. The depiction of contraception either not being used by accident or by ch oice in this movie shows the characters as just accepting that pregnancy as an outcome of sex is just a risk women take- despite the fact that women fought for decades for the precautions that make this statement sound ridiculous. This movie revolves around Allison ¿Ã‚ ½s determination to force a relationship with her complete opposite, Ben, after she finds out he , ¿Ã‚ ½knocked her up ¿Ã‚ ½, seemingly for the sole purpose of maintaining the semblance of a traditional family. In the end this is exactly what happens; a drunken night of sex between a beautiful, successful career woman turns results in a baby, and an unattractive fool getting the woman of his dreams. Allison embraces motherhood wholeheartedly with Ben. Being single is the obvious second option and motherhood in the context of a man and woman together is still framed as the norm. Pregnancy complaints have been one of the fastest growing types of employments discrimination charges filed with the equal employment opportunity commission. In this movie Allison ¿Ã‚ ½s pregnancy is celebrated by her employer, even though she is an on-air celebrity host knee-deep the entertainment industry, where looks and everything and bodies only come in one size-slender. Throughout most of Allison ¿Ã‚ ½s pregnancy there is rarely any talk of her job, except that she decided not to tell her boss until she had to, so she wouldn ¿Ã‚ ½t lose her job. When her boss actually brings her into the office to discuss the fact she is pregnant, Allison apologizes  ¿Ã‚ ½I wasn ¿Ã‚ ½t expecting it, I didn ¿Ã‚ ½t know how to handle it and I didn ¿Ã‚ ½t want to lose my job. I ¿Ã‚ ½m really sorry, ¿Ã‚ ½ stating all the fears of working women and becoming pregnant. Instead of being fired, she is praised for being pregnant, because as her boss puts it,  ¿Ã‚ ½ turns out people li ke pregnant; the bigger you are, the bigger ratings. ¿Ã‚ ½ The celebrity interview show even created special programing so Allison could talk to pregnant celebrities and  ¿Ã‚ ½being pregnant ¿Ã‚ ½ all month. These sets pregnancy up as something that only pregnant women can engage with and understand and even implies that there is a certain language that only pregnant women can communicate. Allison, because of her biological state, is considered to have an extra advantage when talking to pregnant celebrities just because she is pregnant as well. Also, the idea that  ¿Ã‚ ½people love pregnant ¿Ã‚ ½ helps build the ideology that people are generally happy when they see a pregnant woman, that there is something inherently good about pregnancy, especially when all the realities of the pregnancy are off screen. They only see her and her expanding belly, and nothing else, no father figure, no morning sickness, no swelling feet, nothing. In the context of post feminism they are telling cultural moments, especially when we women are still fighting for equality in the workplace and the home. There is still a gross pay gap. There is still an assumption that women are the default caretakers, homemakers, and emotional nutcases. Women are still the minority in corporate executive positions, political leadership roles, and in above-the-line positions in film and television. Storylines featuring women in the mass media are still rare; when women do get main roles, they are often hyper-sexualized, or limited to romantic comedies and plots with  ¿Ã‚ ½women ¿Ã‚ ½s issues. ¿Ã‚ ½ When something tied to womanhood, something men cannot attain, is taken in by the culture industry and churned out as a fad, a problem or a commodity to be glorified, we women need to pay attention. Pregnancy does not define womanhood and it is not even something all women can achieve, but it is certainly an important part of many women ¿Ã‚ ½s li ves and it is the reason all of us, men and women, are here today. Whether portrayals of pregnancy in media are good, bad, or silly, whether celebrities actually look like that post- baby or not, whether the term abortion is offensive or not, the commodification of pregnancy in the current postfeminist context is happening and will continue until the culture industry ceases to find a market for it. By becoming more conscious of this phenomenon and other phenomena like it. We can change the way we understand ourselves and others, pregnant or not.

The Responsibility of a Catholic Citizen in a Free Society Essay

The Responsibility of a Catholic Citizen in a Free Society   Ã‚  Ã‚  Ã‚  Ã‚  Before we start to talk about our responsibilities we should be grateful that we are able to practice our own faith and we can stand up for our religion and speak up about it. We are here to be an example for the rest of the people out there who do not know any better and are falling in there lives. It is our responsibility to help them. We also have responsibilities of our own - respecting authority of both the church and government, evangelizing or spreading the word, donating time and money to church and those in need, tolerance and many more.   Ã‚  Ã‚  Ã‚  Ã‚  We are surrounded by challenges like abortions, poverty, and violence which all destroy the lives of people that were put here by God and were not able to live because of our choices. It is our responsibility to help and support people who fall into these categories. We should now defend human life and dignity, to make people practice justice and peace, and maintain family life and moral values.   Ã‚  Ã‚  Ã‚  Ã‚  Abortion is a major issue today in our world. Thousands of people out there do it today. Our teachings call us to protect human life and here we are killing it just because we don’t want it. Violence also is sort of the same thing. We are hurting another human just because we don’t like them or are mad at something else and we take our anger out on them. We need to set an example for the people that are doing it so they start to realize that this isn’t what everyo...

Western and Eastern Architecture

Culture and traditions have been an important component in influencing the development and creation of both Chinese and Roman architecture. It is through these norms that standards and perceptions of beauty are created. Each facet is deeply rooted in its ability to showcase the variety of actions from the structural foundations towards internal arrangements. These ideas then constitute the relevant ideas that have transformed the way construction and design is manifested within the boundaries of each culture. In the end, these differences created similarities and differences in approaches that harnessed each one’s individuality and contribution to the world today. On one aspect, we see the Roman architecture which bases its definition and construction of structures and buildings under a prescribed standard and format. These prevailing concepts have evolved through time under the pioneering Roman thinkers during the time. Under this process, a system for construction was introduced with by using important tenets such as geometry and mathematics that denote synchronization and order of things. Through this, the Romans advocate the relevance of proportion, both in exterior and interior design. It is through this that they are able to create their own distinct mark such as the formation of tablinum, atrium and peristyle courtyards. Comparing this with Chinese architecture, it can be argued that the overall design and architecture is considered to be free flowing. The plan captures the relevance of aesthetics by capturing the elements of nature and blending them accordingly with the both in the interior and exterior of the structure. It is through these actions that the idea of harmonization and being one with the overall surroundings becomes important. In addition, incorporation of natural elements such as trees and plants are also some distinct facets practiced by the Chinese. Moreover, adopting relative natural elements to these structures also necessitates generating freedom and ability to garner wholeness. Seeing these relevant differences, there are also similarities between these distinct approaches in viewing architecture and design. One relevant parallelism that can be seen in this process is that both approaches denote a system and standard of measurement and design. Though the Chinese may not be too strict about this and often tries to cover this up, the two ideas exhibit relevant attention to such facet and helps them apply significant ideas that contribute the creation of magnificent structures. Another significant similarity between these two styles is their ability to dig deep within their cultural backgrounds and affiliations to come up with standards and processes of how to construct and design structures. Take for example, the Chinese model for Buddhism and its relevance with being one with nature (Zen) has been the core concepts that generate such buildings. On the other hand, for the Romans, it is their constant passion for architecture and magnificent design that has enabled them to come up with ideas such as Coliseums, arched domes, and public baths. These similarities in turn foster their individuality as each approach makes their distinct mark in the overall application and design process. It may be true that each one possesses similar building foundations however; each one targets a different path in its application. With their ability to fabricate unique sets of designs, both the Chinese and Romans were able to create a framework that is encompassing and facilitative towards the growth of their relative inventiveness and capture the essence of their cultural heritage and practice.

Wellness Perspectives Of Obesity Health And Social Care Essay

It has been observed that those with high abdominal splanchnic adiposeness or huge sums of splanchnic adiposeness in general ( fleshiness ) are at increased hazard for the metabolic syndrome. This is due to effects of inordinate fat shops on the vasculature and on endothelial map. Per Bjorntorp offered grounds to back up that hormonal instabilities, specifically of hydrocortisone and sex endocrines, are of import in the pathogenesis of insulin opposition, which is besides a lending factor to increased hazard for the syndrome. Genetics plays an implicit in function in the forecast of the metabolic syndrome, every bit good. Restrictions of utilizing the metabolic syndrome in clinical scenes as a diagnostic tool include concluding such that it ‘s non clearly understood which individual or combination of status ( s ) described above ( ATP3 diagnostic standards ) really are responsible for increasing hazard or doing any cardiovascular or metabolic upsets in the long tally, and the fact that the arbitrary figure ( 3 ) of conditions met measure up a patient for holding the syndrome. Metabolic syndrome is besides a gray country in foretelling wellness result due to the manner wellness professionals approach intervention – some tackle one status at a clip while others prescribe a general life style intercession. The metabolic syndrome has evolved into its name from â€Å" Syndrome X † over the old ages ; Syndrome X addressed a bunch of symptoms associated with insulin opposition and when cardiovascular abnormalcies were added to the diagnosing the name changed to the â€Å" metabolic syndrome † . There is a disagreement as to whether or non the construct metabolic syndrome should be dismissed, due to the obscure nature of its being as neither a true disease nor a true syndrome. 2. Describe why the metabolic syndrome is sometimes depicted as a syrupy rhythm. ( 10 points ) We live in a society where sedentary life styles are common and nutrient is aplenty, two factors that addition likeliness for positive energy balance. When genetic sciences and constructs like the â€Å" thrifty cistron † theory are factored into the equation the likeliness for weight addition is raised even more. Once an single becomes obese they are at hazard for certain features that represent the metabolic syndrome – or all of them – harmonizing to ATP3 guidelines. They besides may meet some of the emotional effects of being overweight, such as depression or deficiency of ego esteem – both can potentially originate and fuel â€Å" nerve-racking feeding † and take to farther weight addition and wellness complications. This cycling mentioned so far is merely in footings of weight, which sets the phase for farther jobs in association with the metabolic syndrome. At the cellular degree, one thing tends to engender another, whether it ‘s an aggravation of one factor or the induction of a different 1. For illustration, as insulin opposition is brought on by hapless dietetic and exercising wonts ( but particularly the self-contradictory free fatso acid flux associated with fleshiness[ 2 ]) , it causes greater insulin opposition. Besides, insulin – being a growing factor that can advance adipogenesis – has the possible to heighten production of ectopic fat in its ability to heighten lipoprotein lipase ( LPL ) activity and suppress hormone-sensitive lipase ( HSL ) activity. This ( over ) production causes inflammatory markers to be called upon to assist relieve the state of affairs, and their presence in and of itself serves to decline insulin opposition. Girod et al 20032 explains this rhythm in great item in a superb article. The diagram below was taken from the article and depicts the rhythm ‘s chief flow and major points. 3. Define weight cycling. Discuss the grounds about weight cycling being â€Å" risky † to wellness. ( 10 points ) Weight cycling is insistent weight loss and recover over clip. It is besides referred to as â€Å" yo-yo † dieting, and is normally measured by how many witting dieting efforts an person has made. Cycling is in regulation with Elfhag ‘s belief that losing weight and maintaining it off is highly hard.[ 3 ]She and several others stand steadfastly behind the impression that weight care is disputing. Despite the increased prevalence of weight cycling and the increasing figure of rhythms carried out per individual, diet crazes and weight loss plans are at full steam with new constructs and â€Å" advanced † merchandises being placed on the market continually. Though the mechanisms are non good understood weight cycling appears to hold an association with increased all-cause and cardiovascular mortality.[ 4 ],[ 5 ]There are several factors that may turn to this job. It may hold to make with the evident alterations in organic structure composing related to loss and regain ; those who regain tend to recover mass in the signifier different types of fat – chiefly splanchnic fat – and it appears to roll up mostly around the middle of the organic structure.[ 6 ]Two specific factors are at drama here for increased hazard for cardiovascular issues, one is the high sum of splanchnic fat and the 2nd is the accretion of this fat around the center, increasing waist perimeter. Both of these are besides mostly involved with the oncoming of insulin opposition, another reported complication of weight cycling.[ 7 ]The addition in cardiovascular mortality may besides be a consequence of the changeless fluctuation of certain markers that affect endothelial map, which include blood force per unit area, serum glucose and serum lipoids ( lessenings in HDL are associated with weight cycling[ 8 ]) .[ 9 ]Kidney map is besides affected during cycling by a fluctuating glomerular filtration rate.[ 10 ]One more factor is the pronounced alterations in sympathetic nervous system activity during the restriction/overfeeding cycling, which significantly insult blood force per unit area and bosom map and finally impacts overall cardiac burden. To farther support that weight cycling is â€Å" risky † , Hooper et Al observed pronounced additions in appetite-stimulating endocrine profiles ( increased ghrelin, lower glucose, and lower androgen degrees, specifically ) in postmenopausal adult females who reported a history of repeated turns of weight cycling[ 11 ]– this would increase the likeliness for weight regain. It has besides been reported that weight cycling is associated with an increased prevalence of eating disorders/disordered feeding, bone breaks, malignant neoplastic diseases, type 2 diabetes, high blood pressure and psychological upsets. 4. Define and depict what is meant by chronic emphasis. ( 10 points ) Chronic emphasis is continual exposure to certain stimulations that elevates and maintains a degree of allostatic activity in the organic structure. Chronic emphasis can originate from a figure of state of affairss, whether environmental or internal. The â€Å" stress response † refers to the manner the organic structure reacts under emphasis, and it depends on the strength and continuance of the abuse. When an person is under chronic emphasis, the allostasis involves alterations in energy flow which affects several factors such as appetency, energy storage mechanisms and alimentary use. Stress endocrines such as hydrocortisone, corticotropin-releasing endocrine ( CRH ) , epinephrine and norepinephrine are released in effort to restart stableness in a fight-or-flight- or defeat reaction-type state of affairs that has been imposed on the organic structure, via either the hypothalamic pituitary suprarenal gland ( HPA ) axis or the sympathetic-adrenomedullary ( SAM ) system. Chro nic emphasis has been linked to increased hazard for going corpulence or corpulent. 5. Describe how chronic emphasis it is related to splanchnic fleshiness and clinical manifestations of the metabolic syndrome. Define and depict the part of the SNS system, the HPA axis, and wellness behaviours on splanchnic fleshiness and metabolic syndrome. ( 30 points ) . The HPA axis is a cardinal control hub of the emphasis response cascade, located in the hypothalamus and encephalon root, and regulated by CRH. It runs on a feedback system, in which adrenocorticotropic endocrine is secreted from the anterior hypophysis and Acts of the Apostless on the adrenal cerebral mantle to excite cortisol secernment ; in bend hydrocortisone studies back to the encephalon to close off production of more hydrocortisone. The SAM works in concurrence with the HPA axis to run the emphasis response and is located in the venue ceruleus on the Ponss – though it is typically called upon in state of affairss where the emphasis abuse is non perceived as overly-threatening. During the response to chronic emphasis, the presence of adrenaline serves to close down digestive procedures and diverts all attending to the sympathetic activity in an effort to supply the organic structure with the ability to get by with the emphasis. Cortisol release, nevertheless is associated with eating and increased feelings of hungriness. Chronic elevated hydrocortisone degrees is besides known to do splanchnic fat accretion and deposition ; a good known factor of fleshiness and the metabolic syndrome. Adipose tissue – particularly intra-abdominal – contains more glucocorticoid ( hydrocortisone ) receptors, which finally yields greater glucocorticoid metamorphosis in the abdominal country compared to other parts. Within splanchnic adipose tissue, in the presence of insulin the hydrocortisone serves to forestall lipid mobilisation for usage and supports fat accretion alternatively, in either of two ways: one, through stimulation of lipoprotein lipase activity or two, through the repressive effects hydrocortisone has on growing endocrine, which promotes lypolitic activty when permitted to work freely. Cortisol besides suppresses the consumption and usage of glucose in musculus tissue, and at the same time promotes the dislocation of protein in an attempt to originate gluconeogenesis in the liver. Epinephrine and noradrenaline are received and processed by sympathomimetic receptors. Two types of receptors exist, alpha and beta. Alpha receptors initiate a cascade consequence to let go of free fatty acids, while beta receptors inhibit this cascade and therefore the release of free fatty acids and alternatively advance fatty acerb storage. When free fatso acids are released into the portal system, unless they are used right off ( i.e. , to back up energy demands of physical activity ) they remain in circulation and it can be risky to hepatic metamorphosis and insulin sensitiveness. Both of these complications are markers associated with the metabolic syndrome. The presence of hydrocortisone stimulates hunger which can take to â€Å" nerve-racking feeding † and, accordingly, weight addition particularly in the signifier of splanchnic adipose via mechanisms mentioned above. The more hydrocortisones released in response to emphasize the higher the inclination to eat more of calorically heavy nutrients. There is grounds to propose that consumption may be affected by neuropeptide Y, CRH and leptin every bit good as opioid and endocannabinoid signaling in concurrence hydrocortisone activity.[ 12 ]In footings of the theoretical account of reward-based feeding, cognitive restraint of indulging in a peculiar nutrient outputs a signifier of emphasis that increases hydrocortisone concentrations which impact NPY, insulin and leptin degrees ; hunger work stoppages hard while the wages tracts are initiated and while the individual gives in and devour the point the circulating endocrines and hydrocortisone act to heighten fatty acerb storage in th e signifier of splanchnic adipose and supress insulin sensitiveness. Currently-overweight females and those with a history of high dietetic restraint are most likely to digest this destiny. Repeated Acts of the Apostless of this step will finally take to increased hazard for weight addition and farther, the metabolic syndrome. 6. Using the Obesity Atlas and/or other resources, describe and compare the function and influences of biology/genetics, physical activity behavior/ eating behaviour and environment on the etiology of fleshiness. Which of these facets has the strongest impact? Why? Which of these may be the most promising to prosecute for bar or intervention of fleshiness. Why? ( 30 ) The etiology of fleshiness can non be represented by any one individual factor ; alternatively there are a battalion of influences on energy balance and weight fluctuations that are really loosely grouped into: biological science and genetic sciences, physical activity/inactivity, dietetic wonts, and the psychosocial influences from the envrionment. While physiology and familial make-up are the strongest forecasters of phenotype, they are about impossible to alter after creative activity of a human being. On the other manus, the physical universe around us and our concsious daily determinations are extremely dynamic, and therefore these are the 1s that should be targeted for intercession and intervention. There is grounds to back up that genetic sciences work in concurrence with the environment to lend to obesity on a planetary degree. Research has shown there are specific internal biological and physiological procedures that can be influenced by heritable traits ; one such illustration set Forth is the thrifty cistron hypothesis ( Neel, 1961 ) with which it was proposed that the organic structure can be predisposed for extremely efficient food hive awaying mechanisms, therefore seting them at a disadvantage for increased hazard of weight addition compared to the non-thrifty-gene-carrying population. Another illustration is the set point theory ( Bennet et al, 1982 ) , which entails that an internal control system dictates and regulates how much fat a individual carries throughout their life-time. Geneticss have besides been linked to weight loss as good – Shin et Al, 2006 found that certain SNPs in the ADIPOQ cistron ( influences alterations in go arounding adiponectin degrees ) can find how good, or ill, one responds to dietary & amp ; exercising intercessions. Mager et Al, 2008 observed mutants in the ghrelin receptor cistron which were associated with fleshiness and glucose metamorphosis in people with impaired glucose tolerance, and found that specific SNPs in this cistron besides influenced how one responds to burden loss intercessions. However, good beyond the negligible sum of research behind the familial part to fleshiness is the other, good established offender – the external environment in which we live and its afloat pool of abuses. The society we are constructing around us begets eternal options and short cuts – 1s that were non available in the times of our early ascendants ; therefore, they are non contributing to proper direction of our organic structures the manner nature intended. The grounds is all around us, from McDonalds Dollar Menu to the Dollar Store and from wireless cyberspace to Segway scooters ; it ‘s all about money and ease these yearss. And so to prod us while we ‘re down after lading up on cheap, high fat nutrient we have the amusement industry, which has drawn voluminous sums of attending to an overdone image of the â€Å" perfect organic structure † over the old ages, making this mute criterion of and spliting line between how we should and should n't look . Now the sudden rush in diet and weight loss pills, plans and regimens has left us in even more of a dither, scared to look one manner or the other in fright of being stared at, smirked at, laughed at, judged or ridiculed for the manner we appear on the exterior. So we stagger on, and our caputs down and custodies in the bowl of comfort. emphasis could ne'er be the exclusive cause of and be an effectual mark for intercession and intervention for the rise in fleshiness. There are merely excessively many extra confounding factors – genetic sciences and hapless dietetic and exercising wonts are the major wrongdoers. The construction of American society is by no agencies conducive to easy, healthy life, with widespread economical instability and far, far excessively many cutoff options. You ‘re stressed at work so you mindless make for the tremendous bowl of Halloween confect in the common country ; you are short on hard currency so you head into McDonalds for their dollar bill of fare choice ; you do n't experience like walking the stat mi to work so you get into your auto or hop on the coach.

Compare of Cococolla and Pepsi Companies Financial Statements

Comp In our country textile companies are doing very well business. So many competitors are in this sector. Lots of new companies entered this market. From all of them we choose two cement company for our report. We collect their financial statement & analyze them within three methods & we identify their comparative advantage. 1. 1 Origin :This is the report comes from our FIN-245 subject. The course instructor Ms. Tarana Majid orally authorized the task of preparing the report to a group of student. She gave this report to learn the way to analyze the financial statements.To follow the syllabus of our subject so we have to do some relevant study based on our report. That’s why this topic comes forward. 1. 2 Scope :We worked on Ashraf textile mills ltd. & Saiham textile mills ltd for our report. 1. 3 Limitat ion:We are very happy because we made our report within some limitations and overcome it almost. For prepare this report we faced some barrier. When we prepare d this report all necessary data is not available. For this we assume some of the data to complete the report. On the other hand when we go to collect the financial statement we were unable to found our needed statement books.Finally, one limitation was on shortage of knowledge that was reduced to make this report a better one. 1. 4 Sour ce of Data:For our report we collect data for finding & analysis. At first we collected the annual report & take financial statements of two companies’. We also collected some data from the internet. 1. 5 Methodol ogy : As a rule, we had to follow a particular method for collecting data to complete the report accurately. At first we make Income Statement, Balance Sheet & Cash Flow on a excel sheet. Than we analysis the Income Statement & the Balance Sheet using the common sizing & indexing method.Finally we used the eleven financial ratios for our ratio analysis. 2 2. 0 Brief History of company: Saiham Textile Ltd. Late Sy ed Sayeed Uddin Ahmed & Begum Hamida Banu, in remembrance of whom, Saiham Textile Mills Limited has derived the name of the company; would have been proud to know how well their offspring have managed and extended the organization. Saiham Textile Mills was set up in Noyapara, Hobiganj district in the year 1982 with an annual capacity of 7. 5 m yards of finished cloth. It was equipped with modern and sophisticated machineries from Japan.Initially it was a weaving, dyeing printing and finishing plant. Saiham Textile claims to be the pioneer in introducing the concept of modern fabrics in Bangladesh. They were one of the first textile mills to start international standard polyester fabric, TC fabric, synthetic and Georgette sarees with cross border. The mother company of the present conglomerate is now comprised of different industrial concerns. The entrepreneurship of Saiham, consists of five directors, all from the same family. Although a company run and managed by relatives, the standard and efficiency of the management does not compromise on its quality.Ashraf Textile mills Ltd. Ashraf textile mills ltd is one of the another company which is run and managed by relatives, the standard and efficiency of the management does not compromise on its quality. Addressed: Ashraf Textile Mills Ltd. New DOSH, Mohakhali Dhaka – 1212 Ph : 9887051-53 Fax : 9887033 3 3 . 0 Findings & Analysis: According to our report subject our main objective is identifying the difference between two companies financial statement. Also we want to find out which company is more stable & which is not stable.From the financial statement we can find out our requirements. In below we give our finding & analysis in basis of company’s financial statement. 3. 1 Analyze of Income Statement, Balance Sheet between two companies’s: In below we are going to discuss about the two companies balance sheet, Income Statement & Cash flow comparison in a briefly : 3. 1. 1 Balance Sheet Comparison: Assets: From the balance sheet of the both companies we can identify that Ashraf textile had504,741,251 tk total assets in 2005 but on the other hand Saiham textile had only425,320,371 tk total asset in 2003-2004.Next year Ashraf textile companies total asset was decreased and Saiham textile company’s total assets increase and in 2007 Ashraf textile reached in167,726,578 tk whereas in 2005-2006 Saiham textile’s total asset436,650,516 tk. For the total asset volume we can say that Saiham textile has more powerful rather than Ashraf textile. Liability: The total liability we saw that Ashraf textile had623,823,012 tk liabilities in 2005 & Saiham textile had152,581,718tk only in 2003-2004. Both companies’ liabilities were also increased in next year. But clearly we can comments that Ashraf textile had least liability than the Saiham textile.How ever Saiham textile had the more Net asset than the Ashraf textile. share holder’s equity we can easily understand that Saiham textile had the more equity and it was 818,663,635 tk for 2004-06 & Ashraf textile had -1,123,244,182. So we can say that Saiham textile had the more investment in the market. 4 3. 1. 2 Income Statement Comparison: From our income statement we can identify that Saiham textile has a profit 74,932,529tk in 2004 &52,001,246 tk in 2005 &57,295,427 tk in 2006. From this we can say that the profit is decreasing by next two years.And this shows that sale for Saiham textile decreasing during the next two year. On the other hand Ashraf textile is in a loss of-62,609,854 tk in 2005 & -122,738,787 tk in 2006 &-14,064,257 tk in 2007. They continue their business in loss where Saiham textile doing their business with profitability. 3. 1. 3 Analyzing Common Sizing & Indexing: In common size analysis we express the various components of a balance sheet as percentage of the total assets of the company. In addition this can be done for the income statement,but here items are releted to net sales.In Ashraf textile balance sheets over the three year span the percentage of current assets increased. On the other hand Saiham textile current assets fluctuated. We see that Ashraf textile account receivable showed a relative diccreased from 2005 to 2007. Saiham textile account receivable flactuated from 2003-04 to 2005-2006. On the liability & equity portion of the balance sheets, Ashraf textile total debt of the company decline on a relative basis from 2005 to 2007. but Saiham textile total debt diccreased in 2004-2005 & increased in 2005-2006.The common size income statement show the gross profit/loss margin from year to year. We see that Ashraf textile operating expenses increase year to year & in 2007 increases sharply. whereas Saiham textile operating expenses diccreased in 2004-2005 & increase again in 2005-2006. In 2005-2007 Ashraf textile’s net profit had negetive percentage, whereas Sai ham textile’s net profit increased. In indexes analysis all financial statement items are 100%. In 2006 & 2007 Ashraf textile current assets indexed is 91. 53 & 9. 95 whereas Saiham textile current assets s indexed is 116. 26 & 100. 3 in 2004-2005 & 2005-2006. The indexed income statements give much the same picture as the common size income statements – namely, fluctuating behavior. In Ashraf textile income statement total gross loss indexed are 100, 196. 037491 & 22. 46332822 in 2005 , 2006 & 2007. Whereas Saiham textile’s gross profit are 100, 69. 3974 & 76. 4626 in 2003-04, 2004-05 & 2005-2006. 5 4. 0 Financial Statement Analysis by ratio: For the performance measurement of Ashraf textile & Saiham textile mills Ltd. In below we are going to analysis about the two companies financial statement using ratio analysis.We used 11 methods to analyze the ratio. Here are belongs: 4. 1 Liquidity Ratio: i) Current Ratio: Current asse ts divided by current liabilities. It shows a firm’s ability to cover its current liabilities with its current assets. In below there is the graph of the two textile company’s current ratio: 0 0. 2 0. 4 ratio year current ratio(Ashraf textile) Series10. 32332 0. 13204 0. 16733 2005 2006 2007 01 2 ratio year current ratio(Saiham textile) Series11. 044 0. 764 0. 982 2003- 2004- 2005- From the graph we can see that Ashraf textile current ratio is 0. 32 times in 2005 and 0. 67 times in 2007. Here we see that current ratio has been decreased and go down in less than 1. On the other hand Saiham textile current ratio is 1. 044 in 2003-04 & next two year stay remain but it also be below the 1 and from the Ashraf textile. In the last year for both company we suggested that the current liabilities cannot be covered if existing current asset are liquated at their book values. 6 ii)Quick Ratio: Current assets less inventories divided by current liabilities. It shows a firms ab ility to meet current liabilities with its most liquid assets. 0 0. 05 0. 1 0. 15 0. 2 ratio ye arQuick ratio(Ashraf textile) Series10. 197173 0. 069725 0. 138913 2005 2006 2007 0 0. 1 0. 2 0. 3 0. 4 ratio year Quick ratio(Saiham textile) Series10. 2643053 0. 15642413 0. 38213114 2003-2004 2004-2005 2005-2006 From the graph we can easily identify that in 2006 Ashraf textile & Saiham textile quick ratio is decreased dramatically. We say that in the last year of the both company’s quick ratio increased. But Saiham textile has good position than the Ashraf textile. 4. 2 Financial Leverage debt ratio: i)Debt-To-Equity: Ratios that show the extent to which the firm is financed by debt. – 100 Ratio yearDebt to Equity(Ashraf textile) Series1-5. 239 -2. 17 -1. 253 2005 2006 2007 0 0. 51 Ratio year Debt to Equity(Saiham textile) Series10. 559443 0. 887395 0. 59995 2003- 2004- 2005- If we consider the year 2007 of Ashraf textile, the ratio is -1. 253 that creditors are provi ding for each tk 1. In the case of Saiham textile in 2005- 2006 the ratio is 0. 599 that creditors are providing. So we can say that Ashraf textile is in a better position than the Saiham textile. 7 ii) Debt-To-Total Asset Ratio: The debt to total asset ratio is derived by dividing a firm’s total debt by its total assets. 0246 ratio ear Sebt to Assets (Ashraf textile) Series11. 235926 1. 854987 4. 95805 2005 2006 2007 0 0. 2 0. 4 0. 6 ratio year Debt to Assets(Saiham textile) Series10. 358745 0. 470169 0. 374981 2003- 2004- 2005- From the graph we can realize that Ashraf textile ratio is more than Saiham textile in their last three year. We know that the higher the debt to assets ratio, the greater the financial risk; the lower the ratio, the lower the risk. So Ashraf textile has more risk than the Saiham textile. 4. 3 Coverage Ratio: i) Interest Coverage Ratio: Ratio earning before interest and taxes divided by interest charges.It indicates a firm’s ability to cover i nterest charges. It is also called times interest earned. 0 0. 51 1. 5 2 2. 5 3 ratio year Interest coverage(Ashraf textile) Series1 Series11. 7272998 2. 7067618 0. 3935626 2005 2006 2007 012345 ratio year Interest coverage(Saiham textile) Series14. 3453871 3. 1634257 2. 5946142 2003- 2004- 2005- This ratio serves as one measure of the firm’s ability to meet its interest payments and thus avoid bankruptcy. The higher the ratio the greater company could cover its interest payment without difficulty.So analyze after the two graphs we can said that Saiham textile has more interest coverage than the Ashraf textile Cement. Ashraf textile ratio is fluctuated highly in 2007. 8 4. 4 Activity Ratio: i) Receivable Turnover: the receivable turnover ratio provides insight into the equality of the firm’s receivables and how to successful the firm is in is collections. This ratio is calculated by dividing receivables into annual net credit sales. 0 20 40 60 80 100 120 140 Days year Receivable turnover(Ashraf textile) Series1 101 6 125 2005 2006 2007 0 10 20 30 40 50 Day Ye ar Receivable turnover (Saiham textile)Series1 14 6 42 2003-2004 2004-2005 2005-2006 From the graph we can say that Ashraf textile received their receivable money from the buyers within 101 days in 2005, 6 days in 2006 & 125 days in 2007. On the other, Saiham textile received within 14 day in 2003-2004, 6 day in 2004-2005 and 42 days in 2005-2006. Eventually we can say that Saiham textile was received money within short time rather than the Ashraf textile. ii) PAYABLE TURNOVER: There may be occasions when a firm wants to study in own promptness of payment to suppliers or that of a potential credit customer.This ratio is calculated by dividing purchase into total A/C payable. 0 50000 100000 150000 200000 250000 300000 350000 400000 Days year Payable turnover(Ashraf textile) Series1 138 276 360420 2005 2006 2007 05 10 15 20 25 30 35 Days year Payable turnover(Saiham textile) Series1 35 10 15 2003-2004 2004-2005 2005-2006 From the graph we can say that Ashraf textile paid their payable money to the sales within 138 days in 2005, 276 days in 2006 & 360420 days in 2007. On the other, Saiham textile paid within 35 day in 2003-2004, 10 day in 2004-2005 and 15 days in 2005-2006.Eventually we can say that Saiham textile was paid money within short time rather than the Ashraf textile. 9 iii) INVENTORY ACTIVITY: To help determine how effectively the firm is managing inventory and also to gain an indication of the liquidity of inventory. This ratio is calculated by dividing inventory into COGS. 0 100 200 300 400 Days year Inventory Activity(Ashraf textile) Series1 60 53 369 2005 2006 2007 0 50 100 150 200 250 Days year Inventory Activity(Saiham textile) S eries1 170 225 176 2003-2004 2004-2005 2005- 2006 The figures tell us how many days, on average, before inventory is turned into accounts receivable through sales.Here we see that Ashraf textile was faster than Saiham tex tile in case of inventory activity. iv) TOTAL ASSET TURNOVER: The relationship of net sales to total assets is known as the total asset turnover, or capital turnover. 0 0. 1 0. 2 0. 3 0. 4 0. 5 0. 6 0. 7 ratio year Total asset turnover(Ashraf textile) Series10. 6780095 0. 4476056 0. 05087134 2005 2006 2007 0 0. 1 0. 2 0. 3 0. 4 0. 5 0. 6 0. 7 0. 8 ratio year Total Asset turnover(Saiham textile) Series10. 77632571 0. 56348701 0. 5969018 2003-2004 2004-2005 2005-2006 The median total asset turnover for the industry is 1. 66.For this ratio analysis we saw that Ashraf textile & Saiham textile both are less efficient than the industry in this regard. On the other hand Saiham textile is in a better position than the Ashraf textile. 10 4. 5 Profitability Ratio: i) PROFITABILITY RATIO IN RELATION TO SALES: The ratio we consider is the gross profit margin or simply gross profit divided by net sales. 0 0. 51 1. 5 2 2. 5 3 3. 5 4 ratio year Profitability in ratio to sales(Ashraf textile) S eries12. 1829524 2. 6889593973. 648320722 2005 2006 2007 1. 74 1. 75 1. 76 1. 77 1. 78 1. 79 1. 8 1. 81 1. 82 1. 83 ratio year Profitability in relation to ales(Saiham textile) S eries11. 773060426 1. 820902862 1. 780171958 2003- 2004 2004- 2005 2005- 2006 It is a measure of the efficiency of the firm’s operations, as well as an indication of how products are priced. From the above graphs we saw that Ashraf textile has relatively more effective at producing and selling products above cost.ii)PROFITABILITY RATIO IN RELATION TO INVESTMENT: this profitability ratio relates profits to investment. One of those measures is the rate of return on investment, or return on asset. -2 -1. 5 -1 – 0. 50 ratio year Profitability in relation to investment(Ashraf textile) S eries1-0. 35798631 -0. 507839396 -1. 707107588 2005 2006 2007 0 0. 005 0. 01 0. 015 0. 02 0. 025 ratio year Profitability in relation to investment(Saiham textile) Series10. 023235772 0. 018004789 0. 023118956 2003- 2004 2004- 2005 2005- 2006 The standard ratio compares for this is nearly 8%. From our analysis we found that Saiham textile ratio simply fluctuates. Their percentage is not so good. On the other handAshraf textile had negative percentage from 2005- 2007. 11 5. 0Conclusion: We examine the analysis of Ashraf textile & Saiham textile mills ltd. We see that the liquidity position is nit good both of the company.Comparatively Saiham textile better than Ashraf textile mills ltd. Ashraf textile mills ltd. should change the credit policy & proper use of its assets. The profitability ratio of Ashraf textile mills ltd. Good than the Saiham textile mills ltd. The company should avoid the use of debt; otherwise company would be fall into bankruptcy. 12 6.Bibliography: i) Annual report- -Ashraf textile mills ltd. For the year of 2005, 2006 & 2007. -Saiham textile mills ltd. For the year of 2003- 2004, 2004-2005 & 2005-2006. ii) Fundamental of financial management (Twelfth editi on) -James C. Van Horne & John M

Marketing Communications about advertising Assignment

Marketing Communications about advertising - Assignment Example It is important for an organization to identify potential customers before the introduction of the products based on the nature and characteristics of the products. Appropriate target audience for this particular advertising has been provided below. â€Å"I have a busy daily schedule and I am really concerned about my good health. I have heard about these types of products, but never heard about these newly developed low in fat RTE products. I would like to experience these products, if these are really good and hygienic for my health†. Major objective of this advertisement is to create significant brand awareness of the newly launched RTE products in the minds of the target customers in Singapore. The organization will ensure supreme quality of products in competitive price level. The measurable objective is to breakeven within 6 months and become one of the preferable products in Singapore Market. The particular behavioral outcome of this advertisement is to create awareness about the brand among the people. The organization should try to become leader by create awareness among target audience through this campaign. We should try to ensure high brand recall through this campaign. It is important for an organization to position the brand according to the nature and characteristics of products and target customers. â€Å"To the busy individuals, who have great value for each and every second in your daily life, our RTE products have been tested and resulted as low fat and healthy products within the RTE food industry. You can stay safe and healthy if you consume our products. In addition to this, we will offer these products in economic price level to back your earning level†. – Brand Position Statement. The message would be developed is to choose our RTE products if they want to consume high quality food products in limited time period. Teenagers and young adults are our major target customers. Therefore, we would like to