Wednesday, May 6, 2020

Organizational Structure Of An Effective Organization

In today s complex organizations, there are different factors that influence their effectiveness. These factors include processes, capabilities and structure that help to accomplish the organization s vision, mission and goals, which must all work aligned to accomplish excellence. An effective organization must have balance and strength in different areas. In the following research paper, we will discuss those areas in detail. These areas include the organization structure of an effective organization, the best the communication strategies to send the different messages across the company, the effective process for decision-making and problem-solving. Additionally, we will explore the process for effective management as well as a valid approach of leadership that contribute to achieve excellence in our current complex organization environments. Components of an Effective Organizational Structure The organizational structure in a company has a highly impact in a large number of organizational activities and behaviors. The term organizational structure is described as the manner in which daily tasks and activities are formally separated, classified and coordinated within a company (Islam, Jasimuddin Hasan, 2015). The design of organizational structure regularly defines the way a company can adapt to changes in internal and external environments and, as a consequence, the design of an organizational structure influences greatly to the competitiveness and effectiveness ofShow MoreRelatedDeveloping Effective Teamwork in Organizations by Considering the Organizational Structure, Culture, Employees’ Motivational and Leadership Aspects.9709 Words   |  39 PagesDeveloping effective teamwork in organizations by considering the organizational structure, culture, employees’ Motivational and leadership aspects. LEARNING OUTCOME 1 TASK 1a AN ORGANISATIONAL STRUCTURE There are many different opinions and definitions of organizational structure. Structure in a sense is the arrangement of the functions used to do the work. Thompson said the structure is the inner structure of the differentiation and the relations. He referred to the structure as the meansRead MorePfizer Case Study1484 Words   |  6 Pageslargest research-based pharmaceuticals firm and also a well known Pharmaceutical company. So their most of the work depends on research, developing Strategies and innovate. They were trying to find a new way of system which makes their Work more effective and efficient. Pfizer find out that their worker spends more time on Business research and data analysis to the creation of documents and other routine Support like Goggling and making power points and also spending so much time on Menial tasksRead MoreThe School Of Public And Environmental Affairs1568 Words   |  7 Pagescontinuous occurrence throughout the growth of organizations and the ir success can be correlated with how adaptable the organization is to these changes. SPEA’s current organizational structure is not working effectively, so in order to remedy this problem, we must change the organizational structure within SPEA. I have created a plan that will solve the communication problems within SPEA while simultaneously enhancing the structure and culture of the organization. The School of Public and EnvironmentalRead MoreOrganizational Structure Essay1147 Words   |  5 Pages From: Jessica Rushing Subject: â€Å"Organizational Structure† Introduction: Organizational structure provides the framework of an organization determining how roles and responsibilities are delegated throughout the different levels of the organization. It has been defined by some as the looking glass through which coworkers see their organization and its surrounding environment while others have described structure as the backbone of the organization. In this memo, I will briefly discussRead MoreThe Human Relations Movement Within The Organization, Management, And Organizational Culture832 Words   |  4 Pagesenvironment , an effective organization must focus on several areas while encompassing strong ethics and organizational culture. 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For instanceRead MorePfizer Case Study1500 Words   |  6 Pageslargest research-based pharmaceuticals firm and also a well known Pharmaceutical company. So their most of the work depends on research, developing Strategies and innovate. They were trying to find a new way of system which makes their Work more effective and efficient. Pfizer find out that their worker spends more time on Business research and data analysis to the creation of documents and other routine Support like Goggling and making power points and also spending so much time on Menial tasks

Cell Phone As The Main Tool Of Communication - 1040 Words

With the development of society, people get close increasingly. Mobile phone as the main tool of communication comes into people s daily life. With the development of science and technology, cell phones provide people an easy, and fast way of communication. The cell phone is easy carry, and it helps people keep in touch with others. This is a reason why most people choose the cell phone as their main tool of communication. People rely on their phones. Cell phone has almost become an indispensable part of life. Mobile phones help people contact others, share happiness, and sorrow in their lives. The cell phone has become the main way to communicate with people, and express their feelings. When people glance around a public place, they can easy to find that people always busy looking down. Sending a message, receive an e-mail, making a phone call, or watching a video these things will all be done by using a cell phone. Some people like surfing the internet by their phone, they even pla y on their phone all night. Dependent on a cell phone is not a good way to get along with other people. Too much cell phone use can lead the change of personal characteristics. People will become unsocial, and lonely. Friends will not even know the person they talk to. The family relationship will not developed by phone use. It is good that message technology has given people a career, but it is also ruining the entire world. People use technological communication more than face-to-face.Show MoreRelatedNegatives Of Images Of The Photo972 Words   |  4 Pagesstanding next to each other. Each of them have a cell phone in their hand and seem to be intoxicated by what their phones are displaying. In the background of the image is an older, cemented, light brown, rock wall in which the young adults are leaning against. There is no visible interaction between the four people in the image. 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The background of this image is an older cemented light brown rock wall in which these young adults lean against. There is no interaction between these four people in the image. These phones may have increased online social interaction, nonetheless also becoming a distraction. They have greatly diminished person-to-person communication, consequently causing the younger genera tion to putRead MoreCell Phone Use in Schools1094 Words   |  5 Pagesï » ¿Cell Phone Use in Schools The use of cell phones in school is a controversial subject. There is a definite defining line between administration on one side and students on the other. The amazing thing about cell phones is that they are no longer just used for calling or texting. They have become an essential multi-tool wonder. Today’s cell phone is cutting-edge technology at your fingertips. 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Literally speaking, cellular phone totally changed the way we communicate and live nowadays. However, the biggest promotion between phone and smart phone must be application. With the various kinds of application’s launch, cell phone is no longer just as the communicate tools for people, it plays so many roles in our daily life, and because of teenagers’ curiosity, likeRead MoreCell phones How have they changed us socially?1632 Words   |  7 PagesDoes cell phone use really affect our communication skills? Cartoon by Izzy Peterson by Erin Stewart, Editor November 25, 2013 Filed under Fall 2013, Story Cycle 4, Features, Opinion, Showcase The short URL of the present article is: http://lhslance.org/bKUbA We live in a world where communication through modern technology is almost required. Everywhere people are texting, emailing, writing blogs and tweeting. It’s hard to go anywhere without seeing someone using a phone or the Internet

The ASIC Key

Question: Write an essay on The ASIC key. Answer: To register a company, the person who planned for such registration needs to apply to the ASIC. The ASIC key is an important aspect in the formation of the business. The ASIC key is one unique number that is used in the ASIC Connect, helping the new registers of the business to protect their business information (Rahman 2013). The key makes and gives the assurance to the new business holders that only they will have an access to the business information, and also only other authorized person or members can get the access to the business. The ASIC mentioned under the section 117 of the corporation act. The primary step is to register concerning the section. The following step that comes after the registration then the type of company has to be determined as mentioned under the section 112 of the act. Here, we will form a Company of Proprietary Limited (asic.gov.au 2016). Company type: Proprietary Limited Company (as mentioned under Sec 112 of the Act). The type of the company is ten referred with the sec 601W of the corporation act: The mentioned section applies for the registered body subjecting to the subclause (2). If the registrable body is same as the Australian registrable body, then the mentioned section do not apply concerning the place of the business carried out but is done concerning the origin of the business or the place of origin. Next under the clause nine under the section, this defines that other than the ADI body of Australia, it is the duty of the company to affix the name in the painted form. The company also must paint the name in such manner which is visible clearly, and the name must be put in front of all the business premises and also in front of the registered office. So, The name of the corporating body must be clear along with the place of the origin which is also compulsory for the display in front. If the company is the holder of the limited or the Proprietary company, then it is mandatory for the members to use such suffix in the name or even at least the abbreviation like the Ltd or Pty respectively. The mention of section 112 of the Act is mandatory for understanding the type of company and also the liability they hold under any pattern of the corporation (Human et al. 2015). Next step is the vital step for the propitiatory business set up. In this context, the reference from section 117(2) of the Act is mandatory. The primary step in the registration includes that the company must indicate the liability of every member in the within the name of the business setup: As, for this situation to set up a proprietary limited company, the suffix usage is an essential step included while the registration done. Choosing a name of the company in such a way so that it is not registered with the same name in any ongoing business: The name one chooses for the corporation must be such that it has a chance to get approved from ASIC since sometimes the ASIC rejects the approval when found that the name has some similarity with some ongoing business firm. The ASIC will also reject the registration if they find that the suggested name is offensive or carries the illegal motive. Upon such situations, the there are some suggestive moves from the ASIC to bring necessary amendments. There is an alternative procedure available to name the company using the ACN or ABN, which means the Australia Company Number or the Australian Business Numbers respectively (australia.gov.au 2016). While the name choosing of the corporation gets over, then the next step that comes is the valid consent from the members. Under the act of the corporation, the valid consent from the members of the company is an important step during the time of registration. The following members are liable to produce their valid consent: The director(s) of the company expected to be a person of more than 18 years of age. Secretary of the company, who, like the director of the company is also expected to be a member with age of more than 18 years. Member(s) of the company, like the other members, must have attained the age of minimum 18 years old. It is important to note that under the propitiatory form of the company it is not mandatory to have a post of secretary; the presence of the directors must have at least one with the holder of Australian Citizenship. After attaining the consent from the members of the acting corporation, then follows the step of registration of the corporation, where certain procedures are followed: Details of the applicant: His name: Name of Company: His designation: Address (personal as well as official): Telephone (residential, official as well as availability after the office hours): Facsimile: All details for the proposed company: Suggestive names of the company(sequence must follow the preference concern): Suffix name: State of incorporation: Address of the registered office: Address of the business: Acting Superannuation Trustee: Seal(whether needed or not): Presentation of the company: Kit from Bank: Name to be verified whether existing or violating any norms: Defining role of the applicant(whether to work as registered agent or with regards to the ASIC requirement): Shareholder: Type of shareholder: Name: ABN or ACN: Address: Personal details: Professional details comprising of: Position in company: Numeric value of the shares: Form of Share (trustee or beneficially owned) Advise on further issuing of the shares: The mentioned pattern will follow for all the business shareholders in the company by the number of shareholder 1 and so on. Apart from that, the registration form will comprise of: Additional notes: Fees: $738 GST. Mode of payment: Lastly, accepting the terms and conditions to fulfil the registration. The company needs to set up a constitution as under section 134, which includes the governing procedures and also the pattern of the internal management (legislation.gov.au 2016). The constitution comprises the rules mentioned under the replaceable rules concerning sec 135 of the Act. Although the proprietary business does not need to do not need to set up the constitution, it is advisable for the entire registered corporation to set up a corporation so that it is easy to keep the company record. The clause also includes the necessity of the company preference for issuing the shares, special resolution approval which includes the repayment of the capital, profit participation, and the surplus assets, voting rights and cumulative dividends. Constitutions are mainly based on the redeemable share preference at the time of such occurrence of the events or with the option of the shareholders (Anderson et al. 2015). The formation of the legislative act comes with the necessity of the occurrence so that there are some specified that can be followed while any procedures carried out. In the corporation law, the act so mentioned explains about the liability or the power. Some sections are amended due to the controversy. The explanation can be carried further: Section 124: this section defines about the legal capacity of any corporating head with the vested powers to carry on with some activities. The section got a critical role in the formation of the business (Bakan 2012). It is paramount for the members acting since they got the power to issue shares or cancel shares or even issue the debentures. Some situation requires the company to grant some opinion for security interest option. The legal authority provides the company to act in concern with the situation, provided that it is mandatory that they maintain the good faith and belief within the acting members (abr.gov.au 2016). Sec 129(1): the constitution of the company along with the replaceable rules are compiled together since it is mandatory for the company to maintain a constitution even though that is not mandatory as in the case of the proprietary form of business. The combining of the replaceable rules with the actual constitutions helps the corporation to make essential changes or amendments during the time of absolute necessity (austlii.edu.au 2016). Section 588(M) (3): the clause arises some necessity to the act after the introduction of this section. Here there is an explanation of the creditor who is not liable to get the damage in means of compensation from the directors of the company. The creditors are also known as the investors of the company; hence, they are liable to get the compensation to the loss occurred to them due to the insolvency of the company as mentioned under the subdivision B concerning the section of the act, and the amount is equal to the amount of loss occurred (Dobson 2014). Also, the liquidator of the company is also liable for the compensation provided that the director has been proved for his insolvency (Wright 2014). So, all the three sections mentioned here hold an important part in the carrying out of the business. References: Abr.gov.au. 2016. For Business, Super funds Charities | Australian Business Register. [online] Available at: https://abr.gov.au/For-Business,-Super-funds---Charities/ [Accessed 23 May 2016]. Anderson, C., Howell, N. and Mason, R.F., 2015. Submission to the Productivity Commission issues paper business set-Up, transfer and closure. Asic.gov.au. 2016. Lodging paper forms | ASIC - Australian Securities and Investments Commission. [online] Available at: https://asic.gov.au/online-services/lodging-paper-forms/ [Accessed 23 May 2016]. Austlii.edu.au. 2016. CORPORATIONS ACT 2001 - SECT 129Assumptions that can be made under section 128. [online] Available at: https://www.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s129.html [Accessed 23 May 2016]. Austlii.edu.au. 2016. CORPORATIONS ACT 2001 - SECT 588MRecovery of compensation for loss resulting from insolvent trading. [online] Available at: https://www.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s588m.html [Accessed 23 May 2016]. Australia.gov.au. 2016. ABN, ACN, business management | australia.gov.au. [online] Available at: https://www.australia.gov.au/information-and-services/business-and-industry/abn-acn-business-management [Accessed 23 May 2016]. Bakan, J., 2012.The corporation: The pathological pursuit of profit and power. Hachette UK. Dobson, R., 2014. Liquidation Winding up a company.Busidate,22(4), p.5. Human, S.E., Clark, T., Baucus, M.S. and Eustis, A.C.S., 2015. Idea or Prime Opportunity? A Framework for Evaluating Business Ideas for New and Small Ventures.Journal of Small Business Strategy,15(1), pp.59-80. Legislation.gov.au. 2016. Corporations Act 2001. [online] Available at: https://www.legislation.gov.au/Details/C2014C00519 [Accessed 23 May 2016]. Rahman, A.R., 2013.The Australian Accounting Standards Review Board (RLE Accounting): The Establishment of Its Participative Review Process. Routledge. Wright, C.J., 2014.A critical enquiry into the need for avoidance provisions in business rescue proceedings.

Tuesday, May 5, 2020

Financial Management Principles Cash Balance

Question: Describe about the Financial Management Principles for Cash Balance. Answer: 1:- From the case study and financial statements, it can be stated that Jackson Limited has managed to generate profits for the last eight months. However, the company could not repay the loan on time. There are several issues, for which the company has requested to extend the term loan period. From the monthly income statement for the last eight months, it has been observed that the company could not maintain the net profit margin stable. It has decreased significantly over the period. Such fall in profit margin has been caused due to fall in sales for the last three month. From March2013 to May,2013, the actual sales figures were lesser than the budgeted sales (Channon and Jalland 2016). The fall in sales volume, as reported by the company, has happened due to the delay in the shipments. It could not complete the orders on time as some vital components arrived very lately. Therefore, the company could not generate the anticipated sales volume and accumulate enough cash balance. Moreover, it has also suffered from inadequate cash balance due to dividend payment on March2013 (Kaplan and Atkinson 2015). Hence, it can be concluded from the above discussions, that though the company has earned profit over the due period, it has failed to generate the budgeted sales volume due to operational hazards. It has caused a temporary shortfall in cash balance, for which the company could not repay the loan timely. The main sources and uses of funds for Jackson Limited is described in the following table:- Particulars Details Sources of Funds Sales Operation Loan from Bank Interest on cash Balance Uses of Funds Purchase of Raw Material Operating Expenses Tax Payment Interest on Loan Dividend Payment 2:- The company requires the new loan of $2.4 million to purchase new equipment for operational purpose. As the president of the company had mentioned, the company had not bought any new equipment for the last few year due to recession. Moreover, some of the components of the older equipments have worn out, which may cause interruption in production. The company has always focused on innovative designs to satisfy its customers. It has been one of the key strengths of the company, which has helped it to survive in the recession period successfully (Bryson 2012). In such scenario, if the company does not upgrade its machinery and equipments accordingly, it cannot maintain its goodwill in the market. Moreover, as mentioned earlier, due to poor conditions of the equipment, it may face disruptions in operation (Rausand 2013). In the current financial year, it has already suffered such disruption due to delay in shipments, which has caused fall in sales volumes. Now, if it again faces such problems, then it will be unable to recoup the losses. The quality of the end products may also hamper for the poor condition of the equipment and lead to customer dissatisfaction. Therefore, it can be suggested that the requirement of the additional borrowing can be considered as urgent. 3:- Cash Budget:- Partculars June'13 July'13 August'13 September'13 Cash Flow from Operating Activities Payment from Customers 3,744 12,681 7,374 4,501 Payment to Suppliers (5,969) (5,200) (5,200) (5,200) Payment for Operating Expenses (1,838) (1,838) (1,838) (1,838) Income Tax Payment (375) (375) Net Cash Inflow/(Outflow) from Operating Activities -4438 5643 336 -2912 Cash Flow from Investing Activities Purchase of New Equipment -2400 Net Cash Inflow/(Outflow) from Operating Activities 0 -2400 0 0 Cash Flow from Financing Activities Loan from bank 2400 Interest on Loan -25 -25 -37 -37 Interest Income 8 1 10 11 Repayment of Loan -7400 Dividend Paid -1200 Net Cash Inflow/(Outflow) from Operating Activities -17 2376 -27 -8626 Total Cash Inflow/(Outflow) -4455 5619 309 -11538 Add: Opening Cash Balance 4,994 539 6,158 6,468 Closing Cash Balance 539 6,158 6,468 (5,071) Income Statement:- Particulars June'13 July'13 Aug '13 Sep'13 TOTAL Net Sales 12,681 7,374 7,201 7,394 34,650 Less: COGS 9,765 5,381 5,381 5,381 25,909 Gross Profit 2,916 1,993 1,820 2,013 8,741 Operating expenses 750 750 750 750 3,000 Depreciation and amortization 120 120 130 130 500 Interest expense 25 25 37 37 124 Interest income 8 1 10 11 30 Profit (loss) before tax 2,013 1,097 892 1,085 5,086 Income taxes 684 373 303 369 1,729 Net income 1,328 724 589 716 3,357 Dividends 1200 1,200 Balance Sheet:- June'13 July'13 Aug'13 Sep'13 Cash 539 6,158 6,468 Accounts receivable 12,681 7,374 7,201 7,394 Inventory 7,317 7,728 5,541 8,822 Current assets 20,537 21,260 19,209 16,216 Gross PPE 45,500 47,900 47,900 47,900 Accumulated depreciation 30,488 30,608 30,738 30,868 Net PPE 15,012 17,292 17,162 17,032 Tax Refundable 6 Prepaid expenses 54 54 54 54 Total assets 35,603 38,606 36,425 33,308 Accounts payable 5,200 5,200 5,200 5,200 Bank Overdraft 5,071 Notes payable, bank 5,000 7,400 7,400 Accrued taxes 309 373 303 Other accrued expenses 1,142 1,142 1,142 1,142 Customer advance payments 2,700 2,700 0 0 Current liabilities 14,351 16,815 14,045 11,413 Shareholders' equity 21,251 21,791 22,380 21,896 Total liabilities and equity 35,603 38,606 36,425 33,308 4:- The projected income statement for the period from June,2013 to September,2013 exhibits quite satisfactory outcomes. The company is expected to earn high amount of profit in this period. However, from the cash budget for the same period, it can be stated that the company will not be able to repay the loan. The cash budget forecasts that though company will have adequate amount of opening cash balance on September, it cannot generate positive cash flow from operating activities due to the advance payment adjustment from customer. Hence, if the company repays the loan, the total cash balance will become negative and the company has to take short term loan again for its operational activities (Brigham and Ehrhardt 2013). The main risk, which is associated with the proposed loan, is the shortfall of cash balance. The company can reduce the risk level, if it negotiates with its suppliers to extend the credit period of 30 days to 60 days and does not pay the dividend on the month September. 5:- The forecasts, made by the president, are based on sales volume and future cash outlays in form of raw material purchase and operating expenses. It can vary with the actual figures if any of these factors differs from the assumptions (McDONALD 2016). The company expects that the sales volume will rise quite significantly due to faster economic development. It has assumed such future developments according the recent sales figures of big three companies in this sector. The factors, which has helped these three companies to improve the sales, may not be effective for small companies, like Jackson Limited. Therefore, the company may not enjoy such significant sales growth in the coming four months (McDonald 2013). The company expects to reduce the raw material cost and maintain the same amount for all the four months. It should be noted that if the productivity increases, then the raw material consumption would increase subsequently (DRURY 2013). Moreover, if the industry will face a economi development, then raw material price also rise according to its increasing demand. In both the cases, the raw material cost cannot be reduced and maintained at same level for the period of 4 months. The operating expenses are mostly variable expenses, which changes as per production and sales volume. Hence, unlike the assumption of the company, it will not remain same for the specified period, when the production and sales volume both will increase at high rate. Therefore, it can be stated that the assumptions, made for future projection, are not quite satisfactory and logical. There is high risk that the actual figures may differ greatly with the forecast and the company may not achieve its target as per the anticipation (Fleischmann et al. 2015). Moreover, the main issue of the company is the shortage of cash balance, which relies greatly on the sales figures. The sensitivity analysis, shown below, describes how the cash balance would vary according to the change in sales forecast:- Sensitivity Analysis:- Particulars Actual Option 1 Option 2 Option 3 Option 4 Rise by 10% Rise by 15% Fall by 5% Fall by 10% Actual Sales for 8 months 44,014 44,014 44,014 44,014 44,014 Projected Sales for 4 months 34,650 38115 39848 32918 31185 Total Annual Sales 78,664 82,129 83,862 76,932 75,199 Cash Balance on year ending (5,071) (2,340) (974) (6,436) (7,802) It is clear from the above table that the company will be able to pay off the term loan without any interruption in its operations, only if it would be able to increase the sales volume by 15% from the forecasted figures and avoid the dividend payment in the end of September (Hope and Fraser 2013). 6:- From the banks point of view, it can be stated that the current loan should not be extended and the additional loan should not be approved also. The financial forecast statements, given above, exhibit that the company will not be able to save enough cash fund at the end of the fiscal year for repaying both the loans. In such scenario, the bank cannot take such huge risk (Bluhm et al. 2016). As mentioned in the case study, Jackson Limited has performed at the adverse conditions quite well in past. The pro-forma income statement indicates that it will continue to earn profit in the near future also. Hence, the bank can consider it for loan (Bessis and O'Kelly 2015). In that case, it can reduce the risk factors by providing the loan against the accounts receivable balances or the finished goods inventories (Grubel 2014). If the company will not be able to pay the loan on time, then the bank can ensure the payment on encashment of accounts receivable or by selling the finished inventory balances (Brealey et al. 2012). 7:- The repurchase of common outstanding stocks can be very helpful for the companies, which are very much active in the stock markets. The company can reduce the quantity of outstanding shares and thus, it will be able to increase the earning per share (Evgeniou et al. 2016). The company may pay lesser amount for dividends as the dividend per share will rise due to lower numbers of shares. Thus due to increase in earnings per shares and dividend per shares, the stock price of the company uses to get increase quite significantly (Horngren et al. 2013). It is not sure that Jackson Limited is active in share markets or not. If it would intend to rise its stock prices in the market, then the decision of share buy-back is surely a good decision. However, nothing is mentioned in the case study about such intention. Rather, for such repurchasing the company had to take loan from bank. It has led the company to generate higher debt ratio (Andriosopoulos et al. 2013). Moreover, the companies use to repurchase its shares out of its excess cash funds. Jackson Limited did not have enough cash balance when it had re-purchased its own shares (Hofstede 2012). Therefore, the decision of share buy-back cannot be considered as fruitful or effective for the company. 8:- The company should not pay dividends at the end of September,2013, as it is quite sure that the company will face shortage of cash in that particular month. The main aim of the company should be the loan repayment only. It should save cash funds as much as possible and for that reason, it should avoid any cash outflows, which can be paid in the following year (Lorange 2013). Dividends payment is not fixed expenses. It depends on the financial situation and cash balances of the company. Jackson Limited has already paid interim dividend on March,2013. Therefore, if it will pay dividends in the next fiscal year from the total profit of the current year, there will be no problem at all (Patton et al. 2015). References:- Andriosopoulos, D., Andriosopoulos, K. and Hoque, H., 2013. Information disclosure, CEO overconfidence, and share buyback completion rates.Journal of Banking Finance,37(12), pp.5486-5499. Bessis, J. and O'Kelly, B., 2015.Risk management in banking. John Wiley Sons Bluhm, C., Overbeck, L. and Wagner, C., 2016.Introduction to credit risk modeling. Crc Press. Brealey, R.A., Myers, S.C., Allen, F. and Mohanty, P., 2012.Principles of corporate finance. Tata McGraw-Hill Education Brigham, E.F. and Ehrhardt, M.C., 2013.Financial management: Theory practice. Cengage Learning. Bryson, J.M., 2012. Strategic Planning and.The SAGE Handbook of Public Administration, p.50 Channon, D.F. and Jalland, M., 2016.Multinational strategic planning. Springer DRURY, C.M., 2013.Management and cost accounting. Springer. Evgeniou, T., Junque de Fortuny, E., Nassuphis, N. and Vermaelen, T., 2016. Share Buyback and Equity Issue Anomalies Revisited Fleischmann, B., Meyr, H. and Wagner, M., 2015. Advanced planning. InSupply chain management and advanced planning(pp. 71-95). Springer Berlin Heidelberg Grubel, H.G., 2014. A theory of multinational banking.PSL Quarterly Review,30(123). Hofstede, G.H. ed., 2012.The game of budget control. Routledge. Hope, J. and Fraser, R., 2013.Beyond budgeting: how managers can break free from the annual performance trap. Harvard Business Press. Horngren, C.T., Sundem, G.L., Schatzberg, J.O. and Burgstahler, D., 2013.Introduction to management accounting. Pearson Higher Ed. Kaplan, R.S. and Atkinson, A.A., 2015.Advanced management accounting. PHI Learning. Lorange, P., 2013. Co-operative strategies: planning and control considerations.Strategies in global competition, pp.370-389. McDONALD, M.A.L.C.O.L.M., 2016. 5 Strategic marketing planning.The marketing book, p.86 McDonald, M.H., 2013. Ten barriers to marketing planning.Journal of Product Brand Management Patton, C., Sawicki, D. and Clark, J., 2015.Basic methods of policy analysis and planning. Routledge Rausand, M., 2013.Risk assessment: theory, methods, and applications(Vol. 115). John Wiley Sons

Friday, April 17, 2020

A Sample Essay on Scholarship Application Becoming a Nurse

A Sample Essay on Scholarship Application Becoming a NurseIf you are a woman considering a career as a nurse and preparing to apply for a scholarship for nursing, then it is imperative that you write a sample essay on scholarship application becoming a nurse. This can come in handy if you need to research for the essay for any specific reason. Your essay will help your applications to stand out from the crowd. When searching for scholarship for nursing, you should remember that a simple test may be all that is needed to receive funding.You will need to write a different type of essay than you have ever written before. The reason being is that there are specific guidelines that must be followed when writing an essay on scholarship application becoming a nurse. If you have never written in any way, type, or form, then you should pay attention to the instructions and follow them closely. You should also write a sample essay on scholarship application becoming a nurse. When writing the e ssay you want to convey a sense of professionalism and confidence.It is important that you understand the true purpose of the essay that you will be writing. The purpose is to gain recognition in the industry. Your first step should be to focus on your knowledge of the field of nursing. This is an invaluable skill that any applicant should develop.You should also focus on the skills that you possess. It is very important that you highlight the things that make you stand out and provide people with a feel for who you are as a person. The actual content of the essay should not be overly detailed, but it should be brief and direct.The points to make are the ones that will be written about in your statement of purpose. These points should be organized in the most effective manner possible. In order to make your essay short and simple you should organize your points and shorten them. By doing this you will make it easier for you to understand what is required for the essay.The main point to make should be the third one, which is about the major point. In order to be as concise as possible, it is vital that you write these three points down. They will serve as your introduction to the student that is reading your application. These points should also be thought of carefully.As an applicant it is important that you review the requirements for the essay before submitting it. For instance, if you are applying for a nursing scholarship for the first time it may be wise to look for a sample essay on scholarship application becoming a nurse. This will give you a better idea of what you need to write.Scholarship application becoming nurse may be just the thing that sets you apart from the crowd. Make sure that you keep your application as professional as possible by understanding the requirements. Do not try to include too much information in your essay, but focus on one simple idea and create a very professional appearance.

Thursday, April 16, 2020

The process of change is necessary for growth Essay Example For Students

The process of change is necessary for growth Essay The process of change is necessary for growth as throughout the development something new will be learnt that will prepare us for the future; whether the change is for the better or worse it is something that everyone will go through. I strongly agree with the statement and it is supported with the novel The Pearl written by John Steinbeck, and the prose Sky High by Hannah Roberts. They both reflect the concept clearly and distinctly through interesting and explorative manners, engaging the reader with various techniques that allows them to adapt and compare their own experiences with the personas journey of changing self. We will write a custom essay on The process of change is necessary for growth specifically for you for only $16.38 $13.9/page Order now In the beginning of both texts, the main characters have tolerant attitudes and are both content with the current life styles that they live in. In The Pearl, the main character, Kino, starts off happy just living with basic requirements on the quiet shore of La Paz. Imagery is used to depict this and is evident in the quote, Kino heard the little splash of morning waves on the beach. It was very good Kino closed his eyes again to listen to his music. This shows how Kino feels towards his current life, which is content and relaxed, before his journey of changing self. Similarly, in Sky High, the persona starts off with a bubbly and bright personality. The text begins by warmly describing the young personas interpretation of her beloved the washing line. A technique that helps the persona do so is the use of personification. An example of this is, silver skeletal arms throwing long summer shadows on the lawn. The effect of this gives the reader the impression that the washing line and the persona both have a free spirits. It also describes the personas personality before she evolves into what is and older and more complicated version of herself. Throughout both texts, the personality and perspective of the main characters change due to specific reasons. In the novel, Kinos personality and perspective starts off content and kind-hearted. However, he then encounters a magnificent pearl which then changes his personality to a more greedy and sinister self. Juana, who is Kinos wife, also changes. At first, her character had a submissive attitude but throughout the story her character changes and has developed a sense of judgement. A technique used to show this is personification. This is evident throughout the story as Juana refers to the pearl as evil, a sin that will destroy us all. Conversely, the prose continues to describe the warm atmosphere that is present when the persona was young. During Sky High, the persona uses alliteration to create imagery and also paint a picture into the readers mind. This is evident in the sentence, the garden next door-dry and dusty. The use of this technique also creates rhythm which makes the prose more enjoyable to read. Towards the end of both texts, process of change for both characters is completed. Kino, who started off content and kind-hearted has progressively changed into greed and evil. But on his course of change, he has lost a house, a boat and lastly his son. From the lost of his only son he has awaken himself up and his personality has changed back to what it was in the beginning, however, minus a few objects. In the end he banishes the pearl in hope for a new beginning. The same has been done with the persona in Sky High. In the last paragraph, the persona has changed from her young bright self into a more older, dark and complicated version of herself. Since she is now older, her personality and perspectives have changed. She now sees that washing line as aged-warped and now has responsibilities. The sentence that tells us this is there are too many things tying me to the ground. This indicates that in between the time that she was young and old alot has happened and have had a great impact on her life that has lead to what she is now. .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 , .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 .postImageUrl , .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 .centered-text-area { min-height: 80px; position: relative; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 , .u4c2a1d5ae0e85a92a4c33e419a4ba5f0:hover , .u4c2a1d5ae0e85a92a4c33e419a4ba5f0:visited , .u4c2a1d5ae0e85a92a4c33e419a4ba5f0:active { border:0!important; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 .clearfix:after { content: ""; display: table; clear: both; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0:active , .u4c2a1d5ae0e85a92a4c33e419a4ba5f0:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 .centered-text-area { width: 100%; position: relative ; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0:hover .ctaButton { background-color: #34495E!important; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0 .u4c2a1d5ae0e85a92a4c33e419a4ba5f0-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u4c2a1d5ae0e85a92a4c33e419a4ba5f0:after { content: ""; display: block; clear: both; } READ: Cause Of Eating Disorders EssayIn conclusion, the process of change is necessary for growth as it will prepare us for what will come in the future. For example, for Kino, his personality has changed various times but in the end he is back where he has started off minus a few objects. . He has learnt through lost and hardship that he should be grateful for what he has for a living and should ask for nothing more. As for the persona in Sky High, she has now changed from young to old and has learnt that everything is still the same; it is just us that change.

Friday, March 13, 2020

Phrasal Verbs - English Definitions for ESL Students

Phrasal Verbs - English Definitions for ESL Students There are four types of phrasal verbs. Phrasal verbs can be separable or inseparable and they can take an object or not. Here is a guide to the basics of phrasal verbs. Phrasal Verbs which Take Objects Phrasal verbs which take objects are known as transitive phrasal verbs. These verbs can be separable or inseparable: Separable phrasal verbs can remain together when using an object that is a noun or noun phrase. I picked Tom up. OR I picked up Tom.They put their friends up. OR They put up their friends.My friends gave bowling up. OR My friends gave up bowling.   Separable phrasal verbs: pick up, put up, give up Separable phrasal verbs MUST be separated when a pronoun is used: We picked him up at the station. NOT We picked up him at the station.They put them up. NOT They put up them.She thought it up the other day. NOT She thought up it the other day.   Separable phrasal verbs: pick up, put up, think up Inseparable phrasal verbs always remain together. It makes no difference if a noun or pronoun is used. We set off for the beach. / We set off for it.They are looking after the children. / They are looking after them.The teacher called for the answer in class. / The teacher called for it in class. Inseparable phrasal verbs: set off, look after, call for Phrasal Verbs which Dont Take Objects Some phrasal verbs do not take objects. Verbs that do not take objects are also known as intransitive verbs. These phrasal verbs are ALWAYS inseparable. The thieves got away.The bus broke down on the way to work.She got up early. Intransitive phrasal verbs: get away, break down, get up If you are not sure whether a phrasal verb is separable or inseparable, ALWAYS use a noun or nouns phrase and DO NOT separate. In this manner, you will always be correct! Separable Phrasal Verbs: bring up, take off They brought up their children to respect others.She took off her jacket before she began the lesson.The boss put off the meeting until next week. Inseparable Phrasal Verbs: look for, set off, keep at She was looking for her books when he arrived.They set off for a wonderful holiday in Hawaii.You should keep at your homework for at least an hour.   Three-word Phrasal Verbs Some verbs are followed by two prepositions (or adverbs). These phrasal verbs are ALWAYS inseparable. Im looking forward to meeting John. OR Im looking forward to meeting him.They didnt get on with their mother. OR They didnt get on with her.Peter came up with a great idea. OR Peter came up with it.   Three-word phrasal verbs: look forward to, get on with, come up with Phrasal Verb Type Quiz Check your understanding by identifying each phrasal verb as transitive or intransitive and separable or inseparable. For example:   My friend picked me up at the airport. - pick up: transitive, separable We set off at six oclock in the morning.  Tom looks forward to meeting you next week.Unfortunately, the thieves got away.He told me that he had given cigarettes up last year.I got up and went to work.Jennifer thought it up during the meeting.  I was so tired after the race I broke down.He brought the subject up during class yesterday.Ill look after your dogs while youre away on vacation.She came up with a great idea. Quiz Answers set off: intransitive / inseparablelook forward to: transitive / inseparableget away: intransitive / inseparablegive up: transitive / separableget up: intransitive / inseparablethink up: transitive / separablebreak down: intransitive / inseparablebring up: transitive / separablelook after: transitive / inseparablecome up with: transitive / inseparable Continue Learning Phrasal Verbs This phrasal verbs reference list will get you started with short definitions of approximately 100 of the most common phrasal verbs. Teachers can use this introducing phrasal verbs lesson plan to help students become more familiar with phrasal verbs and start building phrasal verb vocabulary. Finally, there are a wide variety of phrasal verb resources on the site to help you learn new phrasal verbs.