The decision to drop the atom bomb on Japan Term Paper

The choice to drop the nuclear bomb on Japan - Term Paper Example In any case, late studiesi identified with this issue have demonstrated clashing and differentiating results including distortion of the quantity of lives spared by such choice, and the unbelievable explanation and factor of dropping the bomb on two urban areas of Japan. For such reason, this paper will explicitly endeavor to distinguish and analyze contentions of the two sides of this choice that will empower the peruser to procure an increasingly basic situation on the issue. Investigation of the literatureii has determined that Japan was close to give up its powers before the United States; in any case, it was fundamental for the US to desert the Japanese ruler all things considered, and such advance was inadmissible for the President Truman and the US government. What's more, expertsiii have contended that dropping of the bomb on Japan was an aberrant sign of intensity and incomparability of the US government before the Soviet Union, fundamental for the foundation of a compelling and directing situation after the war. Works of students of history and specialists as of late have shown that previously mentioned reason of the President Truman identified with sparing a great many American fighters was not genuine. Likewise, another explanation of the President that the choice constrained Japan to give up was bogus too. It is presently clear from different sourcesiv that the choice to drop the nuclear bomb on Japan was a US or all the more explicitly, President Truman’s method of undermining Soviet Union on the phase of war, and reasons, for example, fast completion of the war, sparing a large number of American officers were simply devices of concealing the genuine factor. Notwithstanding, before conflicting with this choice, it is basic to take a gander at the contentions that defended the choice of dropping the bomb. In such manner, sources have shown that Japan assumed a critical job during the war and opposed fanatically and energetically with its restricted assets, and the Japanese government was setting up each

EU LAW Essay Example | Topics and Well Written Essays - 2500 words - 2

EU LAW - Essay Example All things considered, Lord Denning expressed that EC law was straightforwardly material at national level under residential law. In any case, the term â€Å"directly applicable† has made vagueness and the standards of direct impact and backhanded impact will decide if the Council Directive identifying with the privilege of purchasers to full agreement value discounts (the Directive) is legitimately appropriate under UK law4. On the off chance that an arrangement of EC law is straightforwardly pertinent, area 2(1) of the ECA declares that â€Å"all such rights, powers, liabilities, commitments and restrictions†¦Ã¢â‚¬ ¦ will be perceived and accessible in law, and be authorized, permitted and followed accordingly.† The present situation is worried about the inability to execute the Directive and this examination will survey whether Christina can uphold the rights she would have had if the Directive had been actualized under the precept of direct impact; or on the other hand, what her privileges are against the state for harm endured because of inability to actualize the Directive. The particular idea of orders lies in the sort of commitments they impose5. Eventually Member States have attentiveness concerning how to execute a mandate, anyway they should agree to the positive commitment to actualize the order in the first place6. Issues have emerged with regards to whether Directives themselves can be summoned by people in national courts as offering ascend to individual rights7, further exacerbated by the inquiry concerning whether a Member State can be at risk for harm coming about because of its inability to actualize a mandate, which is relevant to Christina’s position. So as to be straightforwardly compelling, an arrangement of EC law must establish a total legitimate commitment equipped for authorization as such by a court8. Also, on account of Francovich v Italian Republic9, it was affirmed that the pre-essential for direct impact

The Peculiarities of the Ethical Standards and Nursing Practice in ARN

Moral standards gave by ARN in the reports identified with the nursing practice The action of the Association of Rehabilitation Nurses (ARN) depends on the scope of the archives (counting the code of morals for medical attendants) created by the American Nurses Association which are general for various kinds of the nursing administrations. In any case, ARN improved the general variation of the code with references to the eccentricities of the restoration attendants practice.Advertising We will compose a custom paper test on The Peculiarities of the Ethical Standards and Nursing Practice in ARN explicitly for you for just $16.05 $11/page Learn More The principle assignment of medical caretakers is to give the powerful consideration partaking in the unmistakable connections with the patients. In this way, the reality of the nurses’ visit correspondence with patients brings about the need of settling various moral issues. To lessen the negative impacts of the moral difficulties f or medical attendants and to follow the interests of the patients, it is noteworthy to utilize the standards fixed in the Position Statement of ARN on the Ethical Issues. The principal part of the code is to address the patients’ rights (counting the privileges of minors) legitimately (ARN, 2012). By the by, this inquiry is somewhat questionable and requires its answer as per the explanations that the restoration nurture frequently acts as per the patient’s interests (supporter), and she ought to know about the significance of patients’ cooperation in the dynamic procedure (ARN, 2012). Additionally, the recovery medical caretaker ought to react to the part of the patient’s secrecy and protection with references to the standards of self-sufficiency, helpfulness, and equity. The utilization of restrictions and the quirks of the connections with the patients with self-destructive practices are additionally controlled by the moral code of ARN. Such issues as the character of relations among medical caretakers and patients and the components of the social insurance change are likewise restricted by the standards of ARN’s code. The recovery medical attendants ought to ensure the privileges of their patients, bolster them while fathoming the moral issues, and help them in the dynamic procedure (ARN, 2012). The norms of the consideration accentuated by ARN decides the essential guidelines of giving the nursing care which relies upon the division of the staff of the restoration attendants into the propelled practice medical attendants and the nursing assistive work force. The principles which are routed to these gatherings of attendants are unique, and this distinction depends fair and square of the qualification.Advertising Looking for exposition on wellbeing medication? We should check whether we can support you! Get your first paper with 15% OFF Learn More The propelled practice attendants ought to have a degree in nursing and have the option to give successful far reaching evaluations, analyze the mind boggling reactions of people, and address the necessities of the individuals from the patients’ families (ARN, 2012). â€Å"They incorporate complex information to figure choices and plans that upgrade wellbeing, advance health, oversee sickness, forestall difficulties and optional inabilities, expand work, and limit disabilities† (ARN, 2012). The propelled practice nurses’ movement incorporates the mix of the information, research, counsel, and practice. The nursing assistive work force should offer the compelling help of the patients in their regular exercises, to control the characteristics of the patients’ cleanliness and nourishment (counting the authority over the patient’s following the dietary limitations). In any case, there is a scope of the particular errands which ought to be acknowledged by the nursing assistive work force. They are required to give the portabili ty help, to fix the adjustments in the patients’ â€Å"temperature, heartbeat, breaths, and pulse and torment level† (ARN, 2012). The measures of the consideration likewise incorporate the standards of the conduct the board and observing the realities of the patients’ info and yield. Reference Association of Rehabilitation Nurses. (2012). Recovered from https://rehabnurse.org/ This exposition on The Peculiarities of the Ethical Standards and Nursing Practice in ARN was composed and presented by client Audriana Pacheco to help you with your own examinations. You are allowed to utilize it for research and reference purposes so as to compose your own paper; nonetheless, you should refer to it as needs be. You can give your paper here.

Strategic Marketing Assignment Example | Topics and Well Written Essays - 3000 words

Key Marketing - Assignment Example Nike’s procedure has consistently been to build up their image with worldwide viewpoint by making an inspirational buyer base for the organization. Nike attempts to impact the brand impression of the customers and can continue it by including materialistic advantages in promoting technique. So as to continue in the serious situation, it is prescribed to the organization that improving their business into the engine sports sections will make a greater commercial center for the Nike. Likewise they can build up their association with the purchasers if Nike embraces competitors who are near their shoppers or neighborhood competitors. Advertising ideas and procedures are developing quickly with the developing rivalry in the corporate area. New types of showcasing, for example, viral advertising, guerilla promoting, and so forth are currently shaping selective portions of the advertising procedure of the business houses. As characterized by Beard (2008), vital advertising encourages the organizations to adjust their business goals to the market requests and makes customer mindfulness. Grã ¶nroos (2010) included that the essential goal of a key advertising process is to enable the business to build up a drawn out manageable upper hand. Consolidating the over two definitions it very well may be seen that vital promoting helps in building up an upper hand by associating the business goals with showcase necessities. Nike is known to be one of the pioneers of the advanced showcasing process. They have set up themselves as one of the main brands in the sportswear business (Anderson and Narus, 2007). The vital promoting idea of Nike will be broke down in setting to the job of administrations in showcasing and elements that can be incorporated to help the advertising adequacy of the organization. The scientist will attempt to assess the holes in the promoting procedure of Nike as far as the administration checking technique and give

Proven Formats Of Proven Passive Essay Topics About Animals

Proven Formats Of Proven Passive Essay Topics About AnimalsPeople who are in the process of writing a persuasive essay should be aware of the things that should be included in the list of persuasive essay topics about animals. These subjects range from the behavior of dogs to the behavior of penguins and everything in between. It is important for students to be well-informed when it comes to these topics as it will help them when they write their essays.One of the most compelling topics that students should be aware of is the behavior of dogs. Although dogs have characteristics that may make them look like they are shy or even violent, their demeanor can often tell a story about how they were raised. Dogs tend to be extremely curious and they seek out new things on a regular basis. When a student has done his research about dogs and how they behave, he will be able to write an essay that will be both informative and engaging.Dogs live in homes where they can be under control. Dogs te nd to be house trained and therefore, it is important for a student to include the right words in his essay so that he can be objective in his article. He must always ask himself why he feels that one animal would be better than another for a reason that is best understood by him. If he is not able to identify this reason, then it is pointless to include this topic in his essay.There are many different physical features that can be found in dogs. However, the physical features of a dog do not always relate to their behavior or attitude. For example, one dog might have bushy tails or a bushy tail might mean one thing while another dog might have a nice-looking bushy tail. This is one of the reasons why it is crucial for a student to learn how to differentiate between dogs.Cats are known for their bright color. If a student is not able to find a way to relate this to his writing skills, he should reconsider whether or not he has made an error when he is trying to write a persuasive es say. The amount of information that can be found in the colors of a cat is incredible.It takes a great writer to be able to put a concept into words that is in fact accurate. When students understand the difference between a cat and a dog and then have to determine whether or not they are the same, they will find that they have not written their essay with clarity. This is not only true of humans, but it is also true of animals.A great writer is one who does not need to study a topic in depth before he is able to write about it. He is one who is able to write within a few minutes of sitting down and then he will get stuck on a subject because he knows the way that he thinks. Many writers do not use this method because they think that they have to completely know every detail in order to write an essay about it.The topic of animal behavior is one that is very specific to each type of animal. This is one of the reasons why it is important for students to research the topic they are wr iting about. Once they are aware of the things that should be included in their list of persuasive essay topics about animals, they will be able to produce interesting articles that are unique and original.

Important For The Survival Of A Firm Finance Essay - Free Essay Example

The relationship between liquidity and profitability has been investigated by many researchers (Eljelly, 2004; Zainudin, 2006; Rehman and Nasr, 2007; Bhunia, Khan and Mukhuti, 2011). Some of these researchers claimed the inverse relationship between liquidity and profitability of a firm (Eljelly, 2004 and Rehman and Nasr, 2007) and some researchers argued that positive relationship exist between them (Zainudin, 2006; Bhunia, Khan and Mukhuti, 2011 and Bhunia, 2012). The positive relationship shows that firms which have higher liquidity have a propensity to make better profits (Zainudin, 2006). There are two basic measures of liquidity; current ratio and quick (acid test) ratio. I have used current ratio to calculate liquidity as it is a wide measure of liquidity that gives confidence to short-term creditors that current liabilities will pay off by liquidating current assets (Zainudin, 2006) and mostly used by researchers as a proxy of liquidity (Rehman and Nasr, 2007, Bhunia, Khan and Mukhuti, 2011 and Bhunia, 2012). So the liquidity of a firm would be calculated as under: Liquidity= Current Ratio = Current assets/Current liabilities 3.3.2.2 Inventory turnover ratio Inventory turnover ratio pointed out how quickly firm sells its inventory, measured as rate of goods movement into the firm from raw material to finished goods and out of the firm in the form of sales (Stickney Weil, 2002). Variability in inventory turnover ratio is caused by segment-wise-effect and when firms work in sales decline state then bigger changes are due to changes in sales (Kolias, Dimelis Filios, 2010). Usama (2012) argued that minimum inventory turnover in days and cash conversion cycle can create higher profit. Capkun, Hameri Weiss (2009) examined the inventory performance by total inventory and the distinct components of inventory such as raw material, work in process and finished goods. They found that inventory performance is positively correlated with financial performance of the firm and association between the performance of distinct components of inventory and financial performance differ across inventory components. Previous researches show various results regarding inventory turnover ratio as Gaur, Fisher Raman (2004), Boute et al. (2007) and Kolias, Dimelis Filios (2010) claimed that inventory turnover and profitability are negatively correlated while Capkun, Hameri Weiss (2009) and Sahari, Tinggi Kadri (2012) argued that inventory turnover ratio and firm performance are positively correlated. The formula to measure inventory turnover ratio is as under: Inventory turnover ratio= Total sales/inventory 3.3.2.3 Debt-to-equity ratio Debt-to-equity ratio is used to evaluate the risk associated with firms financing structure (Wild, Larson Chiappetta, 2007, p. 689). It shows the proportion of equity and debt which the firm is using to finance its assets. A firm adopts suitable mix of sources of finance such as retained earnings, issuance of ordinary and preference shares and debt to maximize shareholders wealth (Afza Hussain, 2011). Debt financing gives a tax shield to a firm therefore they took high level of debt to gain maximum tax benefits and eventually increase profitability. However, the increase of debt financing increases the possibility of bankruptcy (Myers, 2001). A high leverage or a low equity capital ratio causes to reduce the agency cost related to outside equity and raises firm value (Berger Bonaccorsi di Patti, 2003). The level of investment can be increased through the use of borrowed capital and it increased the return of invested capital but it also increased the risk for the firm and for the owners due to fixed expenses of interest (Eriotis, Frangouli Neokosmides, 2011). Elsas, Flannery Garfinkel (2006) argued that debt financing produces negative long run performance more than equity financing whereas financing with internal funds never produce important share underperformance. Amjed (2011) claimed that debt financing is considered to be cheaper than equity financing due to tax benefit and concluded that long term debt has a negative impact on firms performance and short term debt has a positive impact on firms performance. Eriotis, Frangouli Neokosmides (2011) claimed that debt-to-equity ratio has a negative impact on firms performance. The formula of debt-to equity ratio is provided below: Debt-to-equity ratio= Total debt/Total equity 3.3.2.4 Size ownership Size shows the level of firms operations. Larger firms are stronger to face risky situations and have better means to go through these types of situations. Size also brings stronger bargaining power to the firm over its competitors and suppliers and bigger firms have superior technology (Bhattacharyya Sexena, 2009). ). Gibrat(1931) presented a law that growth rate and size of a firm are independent. His law advocated that during a specific period, the probability of change in size is same for all the firms in the given industry. Small firms are more productive but lower survival probability due to two to four times more level of risk as compare to large firms (Dhawan, 2001). Small firms have high profit rate increase as compare to medium or large firms and when these firms become bigger, their profits rate become higher (Ammar et al., 2003). Past studies have different views regarding size and profitability relationship. Some researchers found that profitability of a firm increases as firm size decreases (Dean, Brown Bamford, 1998; Ammar et al., 2003; Ramasamy, Ong, yeung, 2005; Abu-Tapanjeh 2006 and Punnose, 2008) while other claimed that firm size and level of profitability are positively correlated (Treasy1980, Amirkhalkhali Mukhopadhyay, 1993 and Bhattacharyya Sexena, 2009 ). Many proxies are used for size by many researchers according to the requirements of their study. Mostly total sales, total assets or market capitalization is used as proxy of size. In this study, total sales is used as proxy of firm size. Majumdar (1997) and Bhattacharyya and Sexena (2009) also used total sales to measure firm size. For data symmetry, I used natural log of total sales. So the firm size would be: Size= Log (Total Sales) 3.4 Population Population is the concerned group of individuals, data or items from which sample is taken. The concerned population in this study is the Chemical firms listed on the Karachi stock exchange for the period of 2005-2010. The total number of chemical firms listed on Karachi stock exchange is 36. 3.5 Sample and Sampling technique To find out the determinants of firms profitability, this study took the sample of 20 firms from Textile industry of Pakistan which are listed on Karachi Stock Exchange (KSE) during 2005 to 2010 as it is the oldest and largest stock exchange in Pakistan. The firms were selected for the sample by using simple random sampling technique as this technique assures that each component in the population has an equal probability of being selected in the sample ( Zikmund, 2002, p.384). 3.6 Data sources This study took only firm specific factors which affect firms profitability. So, the data for firms specific factors was calculated from the financial statements of the respective firms and report provided by State Bank of Pakistan namely Financial Statement Analysis of Companies (Non-Financial), listed at Karachi Stock Exchange issue 2005-2010. This research is a longitudinal research because same variables were observed repeatedly for the period of six years from 2005 to 2010. 3.7 Hypothesis This study contains one dependent variable i.e. returns on assets (ROA) and four independent variables such as liquidity, inventory turnover ratio, debt-to-equity ratio and size. So, the testable hypotheses (the alternate hypothesis) are hereafter: H11: There may exist a negative relationship between liquidity and profitability of a firm. Firms with higher level of liquidity may possess lower level of profitability and vice versa. H12: There may exist a positive relationship between inventory turnover ratio and profitability of a firm. Firms with higher inventory turnover ratio may possess higher level of profitability and vice versa. H13: There may exist a negative relationship between debt-to-equity ratio and profitability of a firm. Firms with higher level of debt-to-equity ratio may possess lower level of profitability and vice versa. H14: There may exist a negative relationship between size and profitability of a firm. Firms with larger size may possess lower level of profitability and vice versa. Table 3.1 Explanatory variables with their proxy and expected relationship with the profitability (ROA) Variable Name Proxy for the variable Expected relationship Liquidity Current Ratio (CR) Negative Inventory turnover Inventory turnover ratio (INVT) Positive Debt-to-equity ratio Debt-to-equity ratio (DER) Negative Size Log (Total Sales) (SZ) Negative Chapter 4 Analysis and Discussion This chapter includes the statistical analysis of the sample data and gives details regarding empirical findings of the study. 4.1 Analysis This part would indicate the empirical findings of the study. The first table provides the descriptive statistics which quantitatively describe the main characteristics of the data. The second table contains correlation matrix which shows the association between all the variables. The third table entails the OLS regression estimates with fixed effects and fourth table contains the random effects to establish the relationship between dependent and independent variables. 4.1.1 Descriptive Statistics Descriptive statistics portrays summary of the data which is used in the study to clearly understand the range and characteristics of the data. Table 4.1 represents descriptive statistics for 20 Pakistani Chemical firms for a period of 6 years from 2005 to 2010 and for a 120 firms-year observations. Mean shows the average value of the data and median indicates the middle value of the data. In the table 4.1, mean for the dependent variable i.e. return on assets is 15.927 and median is 13.66. Standard deviation Table 4.1 Descriptive Statistics ROA LQ INVT DER SZ    Mean   15.92700    1.736000    12.59517    1.037250   6.539098    Median    13.66000   1.455000   6.560000    0.945000   6.563317    Maximum   45.13000   5.130000   222.5300    3.490000   7.945245    Minimum -10.98000   0.230000   0.000000   0.190000   5.361393    Std. Dev.   11.32618    0.972208   22.98619   0.671968   0.618107    Skewness   0.566959    1.599074    6.861938   1.111136   0.069343    Kurtosis    2.577047    5.240897   60.02378    4.483081   2.357129    Jarque-Bera   7.323292    76.24882   17200.28    35.69009   2.162585   Probability   0.025690    0.000000   0.000000    0.000000   0.339157    Sum    1911.240    208.3200    1511.420   124.4700   784.6917    Sum Sq. Dev.   15265.60    112.4775    62875.43    53.73339    45.46468    Observations   120   120   120    120   120 signifies the distinctive deviation from the mean. The standard deviation of return on assets is 11.32618. The first main independent variable i.e. liquidity (current ratio) has mean value 1.736; median is 1.455 and standard deviation is 0.972208. The second independent variable which is inventory turnover ratio has mean 12.59517; median is 6.56 and standard deviation is 22.98619. The mean, median and standard deviation of third independent variable i.e. debt to equity ratio are 1.03725, 0.945 and 0.671968 respectively. In the case of firm size (natural logarithm of total sales), which is the last independent variable has mean 6.539098; median is 6.563317 and standard deviation is 0.618107. The data of dependent variable which is return on assets and all the independent variables is positively skewed. The kurtosis is also positive among all the variables. The Jarqua-Bera test is used to check the normality of the data rejects the null hypothesis that all the dependent and independent variables are normally distributed because Jarqua-Bera statistic is very high in most of the variables results and the p value is zero in almost all of the cases. Therefore, the data relating to the variables used in the estimation is not normally distributed because the skewness and kurtosis coefficients are not equal to 0 and 3 respectively. 4.1.2 Correlation Analysis The degree of association between the variables is judged by Pearsons correlation coefficient (r). Table 4.2 presents the correlation analysis of all the variables which are used in the analysis. The basic purpose of correlation analysis is to detect the presence of multicollinearity. Gujrati (2008, p.337) recommends that the problem of multicollinearity exist if the correlation coefficient exceeded 0.80. In correlation matrix, no value is greater than or equal to 0.80. So, there is no high correlation among the variables which are used in the analysis. Returns on assets has significant and positively correlation of 42.57% with liquidity, 39.11% with inventory turnover ratio, 42.48% with firms size and negatively correlated with 27.79% with debt to equity ratio. Table 4.2 Correlation Matrix ROA LQ INVT DER SZ ROA    1.000000   0.425709    0.391140 -0.277932   0.424855 LQ      1.000000 -0.175564 -0.648455   0.002791 INVT       1.000000   0.233890   0.388966 DER       1.000000   0.227785 SZ                1.000000 Inventory turnover is positively associated with debt to equity ratio and firms size with 23.39% and 38.90% respectively. Debt to equity ratio is positively associated with 22.78% with firms size. 4.1.3 Regression Analysis (The Fixed Effects Model) Table 4.3 provides the regression analysis to examine the influence of liquidity (LQ), inventory turnover ratio (INVT), debt to equity ratio (DER) and size of a firm (SZ) on its profitability (ROA). In this model, determinants of firms profitability are estimated with fixed effects. The results of regression analysis shows that this model is good fitted having F-statistic 17.5899 and p- value is 0.000. The adjusted R2 value is 0.762270 which predicts that almost 76% variation in the profitability (ROA) uniquely or jointly due to independent variables. Durbin-Watson stat value is 1.641899, points out that no serial correlation is present in the data as the test value is nearly equal to 2 which is the standard value and it is less than the table value dU= 1.663 under 1% level of significance. Table 4.3 Regression Analysis: The fixed effects model (ROAit= ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²0+ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²1 LQit+ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²2 INVTit+ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²3 DERit+ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²4 SZit+eit) Variable Coefficient Std. Error t-Statistic Prob.  Ãƒâ€šÃ‚   C 5.868965 21.19104 0.276955 0.7824 LQ 4.596135 0.977998 4.699533 0.0000 INVT 0.063956 0.036370 1.758493 0.0819 DER -3.315956 1.584092 -2.093285 0.0390 SZ 0.720754 3.245100 0.222105 0.8247 Effects Specification Cross-section fixed (dummy variables) R-squared 0.808218   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Mean dependent var 15.92700 Adjusted R-squared 0.762270   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  S.D. dependent var 11.32618 S.E. of regression 5.522370   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Akaike info criterion 6.432348 Sum squared resid 2927.671   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Schwarz criterion 6.989846 Log likelihood -361.9409   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Hannan-Quinn criter. 6.658750 F-statistic 17.58990   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Durbin-Watson stat 1.641899 Prob(F-statistic) 0.000000 The relative importance of all independent variables liquidity (LQ), inventory turnover ratio (INVT) debt to equity ratio (DER) and size of a firm (SZ) in the determination of firms profitability (ROA) depends upon the higher coefficient value and t-statistic. Results revealed that liquidity has more influence on the profitability of a firm than other variables. Liquidity, inventory turnover and firms size have positive coefficients of 4.596135, 0.063956 and 0.720754 with t-statistics of 4.649953, 1.758493and 0.222105 respectively while debt to equity ratio has negative coefficient of -3.315956 with t-statistics of -2.093285. Moreover, the variables liquidity, debt to equity ratio and inventory turnover are significant at 1%, 5% and 10% level of significance. 4.1.4 Remarks The aim of this study is to identify the determinants of firms profitability while using the data of Chemical firms in Pakistan which are listed on Karachi Stock Exchange. While analyzing the firm specific factors, liquidity is found to have positive impact on profitability. So, H11 is rejected. Inventory turnover ratio shows the positive impact on profitability according to study findings. So, H12 is accepted in this regard. Moreover, the impact of debt-to-equity ratio is found negative on firms profitability. So, we accept H13. Size of the firm indicated positive impact on firms profitability. So, H14 is rejected with respect to study results. All the variables are found significant determinant of firms profitability except size of the firm which has insignificant result according to the study findings. 4.1.5 Regression Analysis (The Random Effects Model) Table 4.4 entails the regression analysis to examine the influence of liquidity (LQ), inventory turnover ratio (INVT), debt to equity ratio (DER) and size of a firm (SZ) on its profitability (ROA). In this model, determinants of firms profitability are estimated with random effects. In random effects model the intercept shows the mean value or average value of all the intercepts and error term shows the random deviation of single intercept from the mean value. The findings of regression analysis indicates that this model is good fitted having F-statistic 14.92818 and p- value is 0.000. The adjusted R2 value is 0.318882 which predicts that almost 32% variation in the profitability (ROA) randomly due to Table 4.4 Regression Analysis: The random effects model (ROAit= ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²0+ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²1 LQit+ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²2 INVTit+ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²3 DERit+ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²4 SZit+eit) Variable Coefficient Std. Error t-Statistic Prob.  Ãƒâ€šÃ‚   C -22.16595 13.27979 -1.669149 0.0978 LQ 4.447065 0.922300 4.821712 0.0000 INVT 0.097785 0.033657 2.905343 0.0044 DER -3.070943 1.450723 -2.116837 0.0364 SZ 4.943581 2.047117 2.414900 0.0173 Effects Specification S.D.  Ãƒâ€šÃ‚   Rho  Ãƒâ€šÃ‚   Cross-section random 6.345424 0.5690 Idiosyncratic random 5.522370 0.4310 Weighted Statistics R-squared 0.341777   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Mean dependent var 5.332229 Adjusted R-squared 0.318882   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  S.D. dependent var 6.785963 S.E. of regression 5.600447   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Sum squared resid 3606.976 F-statistic 14.92818   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Durbin-Watson stat 1.382481 Prob(F-statistic) 0.000000 Unweighted Statistics R-squared 0.453175   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Mean dependent var 15.92700 Sum squared resid 8347.605   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Durbin-Watson stat 0.597366 independent variables. On the other hand, Durbin-Watson stat value is 1.382481, points out that no serial correlation is present in the data as the test value is less than the table value dU= 1.663 under 1% level of significance. Coefficient value and t-statistic indicates the relative importance of all independent variables liquidity (LQ), inventory turnover ratio (INVT) debt to equity ratio (DER) and size of a firm (SZ) in the determination of firms profitability (ROA). Results revealed that liquidity has more influence on the profitability of a firm than other variables. Liquidity, inventory turnover and firms size have positive coefficients of 4.447065, 0.097785 and 4.943581 with t-statistics of 4.821712, 2.905343 and 2.414900 respectively while debt to equity ratio has negative coefficient of -3.070943with t-statistics of -2.116837. Moreover, the variables liquidity and inventory turnover ratio are significant at 1% and debt-to-equity ratio and size are significant at 5% level of significance. 4.1.6 Remarks The basic purpose of this study is to find out those factors which affect firms profitability. The above model is used to find out the relationship between the dependent and independent variable with the random effects model. The model exhibits that liquidity is significantly positively correlated with profitability. So, H11 is rejected. Inventory turnover ratio shows the significantly positive impact on profitability. So, H12 is accepted in this regard. On the other hand, the impact of debt-to-equity ratio is found to be significantly negatively associated with the firms profitability. So, we accept H13. Size of the firm indicated significantly positive impact on firms profitability. So, H14 is rejected with respect to study results. All the variables are found significant determinant of firms profitability in random effects model. 4.2 Discussion The basic purpose of this study is to identify the determinants of firms profitability while using the data of Chemical firms in Pakistan which are listed on Karachi Stock Exchange. The research findings show that liquidity is significantly positively correlated with profitability which satisfies the findings of (Zainudin, 2006, Bhunia, Khan Mukhuti, 2011 and Bhunia, 2012) but it opposes the results of (Eljelly, 2004 and Rehman and Nasr, 2007). Inventory turnover ratio shows the significantly positive impact on profitability according to study findings which is consistent with the finding of (Sahari, Tinggi Kadri, 2012). On the other hand, the impact of debt-to-equity ratio is found to be significantly negatively associated with the firms profitability which supported the conclusion of (Eriotis, Frangouli Neokosmides, 2011). Size of the firm indicated significantly positive impact on firms profitability according to the findings of (Treacy, 1980; Bhattacharyya Sexena, 2009 and Am irkhalkhali Mukhopadhyay, 1993) and the findings rejected the arguments of (Ramasamy, Ong yeung, 2005, Ammar et al., 2003 and Dean, Brown Bamford, 1998). On the whole, the selected variables are strongly associated with the profitability of the firm. Liquidity is the most important factor to affect profitability. Although size and debt-to equity ratio reveal strong power to affect profitability, but their explanatory power is less than liquidity. On the other hand, inventory turnover ratio has a significant positive relationship with profitability but its explanatory power is less than other independent variables. Chapter 5 Conclusion and Implications This chapter provides conclusion, limitations and of the study further directions for future research. 5.1 Conclusion The primary objective of this study was to find out the factors which determine the profitability of the firm while analyzing the financial data of Chemical industry of Pakistan which are listed on Karachi Stock Exchange for the period of 2005 to 2010. The findings revealed that the selected variables have significant relationship with the profitability and they strongly affect the profitability of the firm. The findings suggested that liquidity has a strong positive impact on profitability. Firms should maintain optimal level of liquidity to meet short term obligations. The results also show that inventory turnover ratio is positively associated with firms profitability. It means that firm gets higher profit by quickly converting its inventory into cash. The findings reject the pecking order theory as debt-to-equity ratio has inverse relationship with profitability as debt-to-equity ratio increases, the firms profitability decreases. It shows that firm should not rely on heavy debt financing. The findings confirm the trade-off theory that firms should focus on trade-off of costs and benefits while selecting how much equity and debt to use as financing sources. Lastly, the findings reject the Gibrats law and claimed that firm size and profitability are positively related. The results indicated that profitability goes up as firms size become larger. 5.2 Limitations of the research This study is carried out in Pakistan which has developing economy so there are many problems with respect to availability of data as many manipulations and misrepresentations are existed in publically available data. Many sources were used for data collection. So, the quality of results of this study depends upon the available data of selected companies. Due to limitations of time and scope of the research required to focus only on limited number of firms. Due to available resources, only internal factors which affect profitability are included in the study. 5.3 Directions for the future research This research was first time conducted in Pakistan to explore the determinants of firms profitability in Karachi Stock Exchange. Further studies should be carried out in Pakistan to explore this phenomenon on different sectors or in other developing economies to evaluate whether the factors have same effect in different economies. Comparative research on this topic could be employed while taking different sectors of the economy. Moreover, external factors could be used to analyze their affect on profitability in developing economy. Different models could be employed for further in-depth analysis.

The Medical Hospital - 1166 Words

Chamberlain Medical Hospital Never have there been so many news trucks, reporter, and protester outside of the Chamberlain Medical Hospital. Chamberlain a well-known prestigious hospital in the Dunwoody community is facing a horrible reproach. This hospital had worked so hard to deliver a new standard of excellence in prevention and wellness care, advanced treatment procedures, latest technologies, and protection of their clients. How awful that all this can change within one night and one act of selfishness. The misuse of cellphones and social media within the hospital staff can lead to serious cases against the hospital as well as the staff member involves. Security provision such as Health Insurance Portability Accountability Act know as HIPAA, legal, Regulatory law is design to protect client when technology is use in such a way to attack the client privacy, however the use of these technological tool smartphone and social media is not all detrimental to healthcare just as there are disadvantages there are some advantages yet in the scenario present we will reflect on how thing should conducted differently. HIPPA Today people privacy is a thing of past thanks to the advance technology network and devices. The United State design a law to protect privacy standards of clients. 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Best Business Schools - Human Resources Management

Virgil’s Vision of the Underworld and Reincarnation in...

Virgil’s Vision of the Underworld and Reincarnation in Book VI of the Aeneid â€Å"Virgil paints his sad prophetic picture of the Underworld in shadowy halftones fraught with tears and pathos. His sources are eclectic, but his poetic vision is personal and unique† (Lenardon, 312). Despite countless writings regarding the region of the Underworld, such as Homer’s Odyssey and Ovid’s Metamorphoses, Virgil bases his book upon traditional elements accompanied with his own vision of the Underworld and reincarnation. In doing so, Virgil’s book VI of the Aeneid serves as an exploration of Virgil’s concept of the Underworld and religious beliefs, one in which the hybrid of the traditional and the personal, create a more poetic vision than†¦show more content†¦In doing so, he allows gives his contemporary Roman audience a comforting and familiar setting while also establishing an original tone to his book of the dead. The audience, while being exposed to new ideas not previously introduced to them while finding solace in the traditional and familiar elements Virgil blends with the new. In addition, Virgil’s use of the traditional solidifies his later ambiguous portrayal of Aeneas’s exit as just another quirk of Virgil’s personal vision, thereby affecting the overall Aeneid entirely following Aeneas’s meeting with Anchises. Once he meets his father, Aeneas is exposed to a philosophical discussion about reincarnation in which â€Å"details supplement the religious philosophy of Plato, which has been labeled Orphic and Pythagorean in particular mystic in general. Man’s body is of earth—evil and mortal; the soul is of the divine upper aether—pure and immortal† (Lenardon, 324). As Anchises lays out this division between the body and the soul, one cannot help connect it with Christian thoughts on the afterlife: that the body is left behind as the soul ascends to the ethereal. Virgil’s own beliefs within this passage of the Aeneid speak strongly for this notion; despite it’s writing before Christ’s birth. Aeneas says: â€Å"Must we imagine, Father, there are souls that go from here aloft to

Essay Bumper Stickers Are They an Invasion of Privacy

Bumper Stickers: Are They an Invasion of Privacy? Driving down the street, in the bathroom, on telephone polls, on walls of buildings, and even on trees, bumper stickers and other forms of verbal decorations clutter our view. Some make us laugh, some provoke anger, and some pull the tiny chords on our pity strings, but all express an opinion. Should we allow people to plaster everything in view with their opinions? Those who cry out with an emphatic NO believe that these types of verbal decorations are an invasion of their privacy. However, those of us who treasure our freedom of speech and expression, view it in an entirely different light. Looking around the past few days, I noticed a variety of verbal expression just about†¦show more content†¦My eyes kept coming back to it, wondering why someone wrote that, and to what it was referring. On MARTA, someone had so thoughtfully written on four seats near the doors, proclaiming they were reserved for gay people, reminding me of a time when African Americans had to sit at the back of the bus. Each instance of these acts of verbal expression evoked different emotions: amusement at the vegetarian conservationist, curiosity about what to forget, and sadness for the number of ignorant people in the world. Freedom of speech is one of our basic rights as Americans, including the freedom to express our views and opinions. Is there a way to draw a line and not infringe on these rights, or by doing so will we be committing a fallacy in order to protect others privacy? Some language, while considered offensive to one person who reads it, may not even compel another to give it a second glance. A bumper sticker proclaiming Shit Happens, is socially unacceptable because of the offensive language it contains, but when reworded to state Crap Happens, it suddenly becomes non-offensive to most people. Both convey the same meaning, although the latter of the two is an example of less offensive language according to American standards. Riding MARTA to class everyday fills my sights with numerous examples of graffiti. Graffiti art has become something of a new wave ofShow MoreRelatedMarketing Mistakes and Successes175322 Words   |  702 Pagespublic was the ultimate goal since the IPO (initial public offering) would often make them instant millionaires. But for Brin and Page, the reality of being billionaires was not all that appealing. They both lived relatively modestly, loved the privacy, and cared little for the accumulation of wealth and the accoutrements of wealth—such as grand homes, planes, and yachts to attest to their success. The company was debt free, self-funded, had plenty of cash, and had no need to sell stock to theRead MoreLogical Reasoning189930 Words   |  760 Pageswhite guys on the other side of the street. They look friendly. The blond guy with him looks like he would rip your lungs out just to see what would happen. The other one is just as fierce, and hes carrying the radio I lost yesterday; its got my sticker on the side. If Ramone leaves believing that the two guys are friendly because his friend said, They look friendly, then he has violated some principle of logical reasoning. What principle? ï‚ · Reasons should be tailored to the audience.

Poetry and Original Sonnet Free Essays

Sonnet 69 was written by Pablo Neruda in the 20th century. As I was reading the original sonnet, I was filled with inner joy and love. The original sonnet brings profound feelings, flashbacks, and makes you and the sonnet feel as if one. We will write a custom essay sample on Poetry and Original Sonnet or any similar topic only for you Order Now However, the translation of sonnet 69 does not. It is rather dull and brings no sense of joy. In sonnet 69, the type of figurative language that is being used is hyperbole; which helps create emphasis. In Stanza 2, the line â€Å"like the red beginning of a rose† compared to the translation â€Å"like the red origin of the rose† contrasts incredibly. The word beginning flows more naturally, goes along with rose, and simply sounds better. The word choice of origin in the translation does not quite go along with the rose and it does not flow naturally. One major part that incredibly brings feeling is the last stanza. The original sonnet wins because of the way it is written. The first two lines end with commas, which builds up mood/feeling. Then it ends with a period, which tells you it is the end of the whole feeling. In contrast to the original one, the translation version does not even flow. The first line ends with a period, which does not build up feelings. In addition it uses too many words, which turns into a tongue twister. The original Sonnet and the translation both are different grammatically. The second stanza in the original sonnet ends with a period, while the translation ends with a comma. I think the period was the better choice because the sestets start next, which is something new. Lastly, I think that the original sonnet captures the concept of love rather than the translation. How to cite Poetry and Original Sonnet, Papers

Poetry and Original Sonnet Free Essays

Sonnet 69 was written by Pablo Neruda in the 20th century. As I was reading the original sonnet, I was filled with inner joy and love. The original sonnet brings profound feelings, flashbacks, and makes you and the sonnet feel as if one. We will write a custom essay sample on Poetry and Original Sonnet or any similar topic only for you Order Now However, the translation of sonnet 69 does not. It is rather dull and brings no sense of joy. In sonnet 69, the type of figurative language that is being used is hyperbole; which helps create emphasis. In Stanza 2, the line â€Å"like the red beginning of a rose† compared to the translation â€Å"like the red origin of the rose† contrasts incredibly. The word beginning flows more naturally, goes along with rose, and simply sounds better. The word choice of origin in the translation does not quite go along with the rose and it does not flow naturally. One major part that incredibly brings feeling is the last stanza. The original sonnet wins because of the way it is written. The first two lines end with commas, which builds up mood/feeling. Then it ends with a period, which tells you it is the end of the whole feeling. In contrast to the original one, the translation version does not even flow. The first line ends with a period, which does not build up feelings. In addition it uses too many words, which turns into a tongue twister. The original Sonnet and the translation both are different grammatically. The second stanza in the original sonnet ends with a period, while the translation ends with a comma. I think the period was the better choice because the sestets start next, which is something new. Lastly, I think that the original sonnet captures the concept of love rather than the translation. How to cite Poetry and Original Sonnet, Papers

Potential Risk to an Organisation of Committing to an E-Commerce System free essay sample

I am going to be explaining the potential risk to an organisation of committing to an E-commerce system. E-commerce has many drawbacks. I will be going through these drawbacks that risk an organisation of committing to an E-commerce system. * Advertising and maintaining website * Hackers * Identity theft * Website not being recognised * Viruses * Profit * Delivery Advertising and maintaining website A drawback of an Ecommerce is the advertising. If no-one knows it exists it will not generate any revenue. Of course the most effective way of advertising your online business is through the word of mouth, so you need to build a customer base for your business. Maintaining website is important. Customers want a website that is updated regularly, such as product updates for new products etc. you need to make sure the information that is provided is up to date and accurate. So fix missing pages, broken links and forms and missing images. We will write a custom essay sample on Potential Risk to an Organisation of Committing to an E-Commerce System or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page You need to also be aware of backing up your site. Imagine your site files were wiped out how would you get back all of your data. Hackers Hacking is a very high risk to an organisation of an E-commerce. The higher your profit is on the Internet, if you are advertising your site or are a big company name; statistically youre going to get hit more likely than a site that has no visibility on the Internet. There are many reasons why a hacker might attempt to gain access to a small business website; most hackers are hacking to make money. Identity theft Identity theft is common risk to an organisation when committing to an E-commerce system. Identity theft is when someone has enough information about an identity to commit identity fraud; these can be credit, medical, employment and checks. Its the misuse identify of another person without their knowledge or permission. Identity theft schemes include unauthorized purchases orders with items shipped to rented offices under the business name. Or they can use your account to buy as many as items they wish to purchase leaving you with thousands withdrawn from your account. Delivery Delivery can be a huge drawback when committing to Ecommerce. These could be your packages can be left on your doorstep this can cause someone to steal your purchase or probably damaged. Packages can be delivered at unpredictable times during working hours. Which then you have to wait another 2 days to either receive the product or you have to travel yourself to get your item. Another potential risk to an organisation of committing to an E-commerce is that they delay goods. E-commerce website delivery takes a lot longer to get the goods into your hands. Viruses Viruses can do a multitude of things. Many viruses, which disguise themselves as tracking cookies, are meant to allow access to personal information that you give out over the internet. If you are shopping and this happens, it can be used for identity theft. Viruses can also slow down your computer significantly, destroy vital data, erase information amp; even shut down your computer. Your browser is executing code all the time. When it downloads web pages, that code is downloading and displaying arbitrary data, pixels, character’s, etc. Since code is data, if your browser tries to execute the data it might actually run. When a website has a virus find them using anti-virus as anti-virus uses a signature string to locate them. When your website has a virus even when you try to access it from different computers and different servers it will have a strange homepage and the news stories won’t update with error on the site. This can be a huge potential risk to an organisation when committing to an Ecommerce system. Profit When running an Ecommerce site you need to get an outcome in everything you do when putting income into the business. When deciding what to sell online you may want to first decide who you want to market to before you decide what you want to sell. After you need to think about the economics of online retail such a, packing, packaging, postage or are crystalized per order marketing, promotions. You need to understand what happens to profit when a customer orders online. This can be a potential risk when committing to an Ecommerce system.

The Count Of Monte Cristo Essays (1190 words) -

The Count of Monte Cristo The Count of Monte Cristo Theme: The Count of Monte Cristo is a very powerful book. So powerful in fact, that was controversial when it was first released. The Catholic church in France condemned it because of its powerful message it presented the reader. This theme was one of revenge and vengeance. Monte Cristo had two goals- to reward those who were kind to him and his aging father, and to punish those responsible for his imprisonment and suffering. For the latter, he plans slow and painful punishment. To have spent fourteen years barely subsisting in a dungeon demands cruel and prolonged castigation. Setting: The Count of Monte Cristo is set within the nineteenth century of France in large and populous cities. This was a time of great disruption. There was confusion all over the land in regards to who led France, King Louis or Napoleon. The citizens of France became divided by the two ruling parties. Royalists and the Bonapartist cut at each others throats in order to declare that their ruler was supreme. This situation has a profound effect on the events of the story. Dantes' enemies used the rivalry between the two parties in order to convince the Royalists that Edmond is a Bonapartist, therefore it is the basis for his arrest and inevitable captivity in the Chateau D'If.. Basic Plot: The Count of Monte Cristo is a story about a sailor, Edmond Dantes, who was betrayed during the prime of his life and career by the jealousy of his friends. His shipmate, Danglars, coveted his designation as the captain of the mighty Pharon. Ferdinand Mondego wished to wed Mercedes, who was affianced to Edmond. Danglars and Ferdinand wrote a letter accusing Edmond of carrying a letter from Elba to the Bonapartist committee in Paris. Caderousse, a neighbor, learned of the plot but kept silent. On his wedding day Edmond was arrested and taken before a deputy named Villefort, a political apostate, who, to protect himself, had Edmond secretly imprisoned in the deepest dungeons of the Chateau D'If. There Dantes' incarceration was secured by the plotting of his enemies outside the prison, particularly towards Villefort, who wished to cover up his own father's connections with the Bonapartists. Dantes suffered for fourteen grueling years. While in prison, he was determined to escape and began digging a tunnel in hopes that it would lead to freedom. During this exercise, he met an elderly inmate named Abbe Faria whose attempt to dig his way to his salvation had led him only to Edmond's cell. The two meet daily and an incredible relationship flourished. The old man taught Edmond history, mathematics, and languages. In Edmond's fourteenth year, Faria became mortally ill. The wise elder told Edmond where to find a massive buried fortune. When Faria finally did die, his body was placed in a burial sac. Edmond seized the opportunity of escaping and replaced Faria's corpse with himself. Jailers threw the sack into the sea which allowed Dantes to escape. He is rescued by a passing ship which gives him a position on the boat. After paying homage for the noble act, Dantes recovered the buried treasure and became extremely wealthy. He returned as the mysterious Count of Monte Cristo and dazzled all of Paris with his extreme wealth and social graces and also he ingeniously managed to be introduced to the cream of French society, among who he goes unrecognized. But, Monte Cristo, in contrariety, recognized all of his enemies, which now are all powerful and influential men. Therefore, he was slowly plotting the ruin of the four men who had caused him to be sent to the Chateau D'If. Ferdinand had married Mercedes and was now the Count de Morcef. Monte Cristo released information to the press that proved that Morcef is a traitor, and Morcef is ruined socially. Then Monte Cristo destroyed Morcef's relationship with his family, whom he adored. When they leave him, he was so distraught that he committed suicide. To revenge himself on Caderousse, Monte Cristo easily trapped Caderousse because of his voracious greed. Monte Cristo awakened this greed with the gift of a diamond. Later, urged by his wife, Caderousse committed robbery and murder. Now escaped from prison, Caderousse unsuccessfully attempted to rob Monte Cristo. The Count watched as one of Caderousse's companions mortally wounding him. As the man lay dying, Monte Cristo exposed his true name- Edmond Dantes. To revenge himself on Danglars, who loves money more than life it self, Monte Cristo ruins him financially. To revenge himself on Villefront, Monte Cristo slowly reveals to Villefront that he

Michigan Business Porftolio Sample Essay

Michigan Business Porftolio Sample EssayMichigan Business Porftolio is a renowned PFT institute in Michigan. This place has more than 300 colleges and universities in Michigan that offer almost all types of courses related to business management.This institute is just perfect for those who want to study the business management in detail and get a thorough understanding of the different aspects involved in this field. There are some things that they teach about the accounting and financial procedures that are essential to conduct the operations of business. They also provide useful information regarding the marketing and management functions of businesses.Michigan business Porftolio is one of the best institutes in the state that offer higher education to its students. These colleges offer courses for both undergraduate and graduate courses.They also have several online samples, which they use to evaluate the ability of students to write proficiently and to follow basic English gramma r. They have a set of questions that are designed to help students to analyze their communication skills. This is to get them to learn the basics of writing, grammar and spelling.Students who choose to attend Michigan colleges and universities can also opt for programs that are available online. Some of these programs are computer-based programs.Some of these online programs may require a time investment, but it is always better to spend money to get quality education rather than getting a low quality program from a college, which can cost you hundreds of dollars. Most of the students find it easier to take online courses as they have more time on their hands.Therefore, there are few other things that you should know about the colleges and universities of Michiganbefore applying for their programs. You must also make sure that the college or university you apply to is accredited by your state government to ensure that you are not cheated.

Basic Business Essay

Basic Business Essay Basic Business Essay Commerce Notes Elements of Business Plan * A business plan is a formal statement, or series of statements, clearly identifying the objectives and goals of a business and outlining the strategies to be used in order to achieve these aims. * A business plan aims to set out steps which must be taken if a business is to achieve its objectives. * The plan is continually evaluated and adjusted as the circumstances change and as the business grows. * A business plan lays the foundation upon which a business can begin or grow. * There are two types of business plans: * Informal planning – Is planning that is not written down. Common in small businesses, where planned direction of the business is known only by the owner or is communicated to employees by word of mouth. Often leads to misunderstandings, as not everyone is clear of the company’s direction or how it plans to get there. * Formal planning – Involves a series of documents which are generally given to employees, detailing the goals of the business and the strategies which will be used to achieve them. * Formal planning range in length from short-term plans (less than one year) to medium term plans (between one and five years), to long term plans (more than five years). * Business planning becomes more complex the larger a business becomes. â€Å"If you fail to plan, you plan to fail† Top Ten Tips for Writing a Business Plan 1. Write from the audience’s perspective

Computer Games Have a Negative Effect on Individuals

Computer Games Have a Negative Effect on Individuals Computer Games: The Potentially Detrimental Activity Computer Games Are Addictive Quite a few Americans have grown up playing computer games – mostly for pleasure, mostly alone – and they’ve wasted a lot of time, and a lot of their health and money, doing it, too. True, some computer games may develop the user’s reasoning skills, their ability to solve problems and so on. Perhaps this is the case, but playing computer games can also have a detrimental effect on a person – especially if they are consumed by the activity to the point they neglect their everyday responsibilities and their well-being. The overuse of computer games affects a person negatively on quite a few levels, mostly one’s physical, mental and emotional health, but also their finances. This is not to say that playing computer games alone is bad for a person; however, when it begins to affect a person’s life in a negative way, it becomes a problem, and it’s a problem our society must acknowledge and work hard to fix. To begin with, let’s take a look at how the overuse of computer games negatively affects a person’s physical health. For one, consider the activity itself. Rarely are computer games played standing up or moving around; they are done mostly sedentary – and encourage a sedentary lifestyle. A person consumed by computer games spends a great deal of their leisure time sitting down. This makes for bad cardiovascular health, which means potential heart problems and strokes – and of course obesity, which causes premature death in a person. Since people in our society spend more and more of our time sitting, because technology controls our lives, it is increasingly important to live a healthy lifestyle with daily exercise. Sitting too long is bad for us, and that is precisely why the overuse of computer games is bad for a person’s health. Computer Games are Time-Consuming ?omputer games can be detrimental to a person’s mental and emotional health, a negative side effect of this time-consuming activity. Even if they enjoy playing the computer game, the user will eventually start feeling lonely, unfulfilled and out of touch with reality. This may lead to depression and anxiety, a feeling of hopelessness, unless they begin incorporating healthier activities into their daily life – such as volunteering, exercising, hanging out with friends or reading. But this is quite a challenge when a person is engulfed in such an unhealthy, time-consuming, yet much enjoyable, activity. That is much of the problem: computer games can be a lot of fun to play, so much that people will forgo human interaction and a healthy lifestyle just to continue playing the game. At this point, it almost becomes an addiction – and addictions always have negative outcomes. Virtual World cannot Substitute Reality Overuse of computer games – like with any all-consuming activity or addiction – can negatively affect a person’s financial well-being. If the user spends so much time playing the computer game that they neglect their work responsibilities, they may lose their job – which could cost them money in the long run. Perhaps it distracts them from paying their bills, their mortgage, their car payment, which then costs them more money in debt. Also, when considering how the overuse of computer games affects a person’s health, all around, it’s a no-brainer that to take care of their health problems (doctor visits, medication, hospital bills, etc.), one has to fork over more and more money. Computer games, though they may cost less than $100 to purchase, can cost a person thousands in the long run – one more negative effect that computer games have  on the individual user. To conclude this argument, that the overuse of computer games has a negative effect on individuals, it’s important to add that playing computer games is not a detrimental activity in and of itself. Only when a person is utterly consumed by a computer game – that is playing it hours and hours a day, every single day of the year – does it begin to bring negative consequences, ones that affect a person’s health (emotional, mental and emotional) and their wallet. What is the solution to this problem? It may not be a bad idea for society to financially reward people with healthy, active lifestyles. Why not give people money for having balance in their lives? Why not penalize people who spend too much of their waking hours behind a computer, consumed in a game? This is a problem we must deal with. It won’t go away on its own. It’s up to us.

Obligations Case Study Example | Topics and Well Written Essays - 2000 words

Obligations - Case Study Example In five different examples we shall try to explain complexity of issues that they cover. According to US Senate "obligation is an order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period." (US Senate reference glossary) Bravo Shearing Ltd (BSL) are manufacturers of tube cutting machinery and have advised in Tube World their latest tube shear at 980.000 Laurel and Hardy Ltd (LH) are manufacturers of welded stainless steel tubing and on seeing the advertisement request further information from BSL, who send a brochure complete with price list. On the price list the shear is listed is listed at 900.000. L&H dispatch a letter stating that they wish to purchase the shear for the list price. BSL have now contacted L&H and advised them that the price in the list is incorrect and that the correct price is 980.000 L&H insist that they have a contract at 900.000 Commercial ads are not considered valid offers, same as general price lists. Obligational offer is document which is obligational for the seller of the product. "There are also obligations in other normative contexts, such as obligations of etiquette, social obligations, and possibly the obligation to spell words correctly" (Law Dictionary and Research guide). On the other hand, if price list is sent specifically on request of potential customer requesting the offer for specific product, than it can be considered as valid offer, and at that moment mailer of the offer or price list has become obligatory document. Therefore, L&H has right to buy tube shear for 900.000 EXAMPLE 2 Dispute L&H have made an offer to PW Metals for the sale of 500 lengths of tube at a price of 1.85/meter. PW Metals have faxed back asking if L&H "may accept a price of 1.80/meter."L&H did not respond, and a week later sold the material to Premier Ltd. PW Metals have now contacted L&H requesting a delivery date for the tubes. Solution PW Metals are right when claiming that they have valid contract for delivery of 500 lengths of tube at price of 1.85/meter, unless that date of validity expiration has been clearly stated on the offer that has been sent by L&H, AND that validity period has expired on the moment when PW requested delivery date for the tubes. The fact that PW Metals asked for price reduction does not have any effect on the validity of previous offer. EXAMPLE 3 Dispute L&H have made an offer by fax machine for 100 lengths of tube to Whitehouse Stockings Ltd (WSL) at 2.30 pm on Monday, 19th of November. After consideration WSL decide to take up the offer and fax back an acceptance at 5.12 pm on the same day, and place a copy of the acceptance in the post that night. Unknown to the either party the fax acceptance falls down a gap in the desk behind the fax machine and is not seen by anyone at L&H. The following morning L&H sell the 100 lengths to Pentagon Steel and there will be no replacements available for several months. At 10 am the post is opened at L&H and they notice the acceptance, upon which they advise WSL of what has happened. WSL claim that they

If you invest $20 million in China Research Paper

If you invest $20 million in China - Research Paper Example The economy’s growth potential therefore identifies room for more investments and capitalizing $ 20 million dollars is not likely to stretch the economy’s resources (Oecd 33). Another significant macroeconomic indicator for determining investment decision in a country is the trend in inflation rate. Inflation defines a steady and significant rise in commodity prices. It can similarly be defined as a continuous decrease in the value of money in an economy. Inflation would therefore induce a loss in invested money because the investment’s value will be lower than the original one and even derived profits might not be able to compensate for the loss from inflation. Inflation trends in China however offer a good indicator because it has conveyed a decreasing trend. The inflation rate was for example reported at 6.9 in the year 2004 and the value had steadily decreased to 2.5 by the year 2008. The steady trend further projects high probability of lower inflation rates in future and this means that an invested amount in the economy is not likely to lose its value. The trend that can be forecasted to persist further shows that an investment in China has high chances of gaining value as the country’s inflation rate continue to decrease (Oecd 33). A review of the past trend of China’s consumer price index also offers a basis for determining prospects of investing the $ 20 million in the economy. The macroeconomic indicator defines percentage change in a group of commodities’ weighted prices and is related to inflation. A fall in consumer price index, as represented by the Chinese economy therefore implies economic stability and improving money’s value with time. The index was for example reported at about four in the year 2004 and... Business organizations are established with the prime objective of making profit through entrepreneurial ventures that may identify diversified economic risk. It is therefore necessary to analyze economic environment around a business in order to understand its possible risks and benefits before deciding on establishing a business. Making decisions over which economy to invest in may require analysis of microeconomic and macroeconomic factors of economies of interest for evaluation and comparison of involved risks and benefits. Similarly, an investor who has focused on one economy needs to evaluate the economy’s factors before establishing a venture. In this paper, the potential and risks of investing $ 20 million in China are investigated, based on the country’s macro and microeconomic indicators. The country’s major challenges are however its banking system that is strictly regulated by the government and its currency that does not reflect real value against other currencies. The government’s regulation may hinder delivery of quality and unbiased banking services and may allow for government control on investments. Trends in China’s macroeconomic indicators identify investment potential in the economy that indicates high probability of further expansion and favorable economic factors. The increasing real gross domestic product, decreasing inflation rate, and falling consumer price index indicates the economy’s trend of increasing stability that is safe for investments. Even though government control over banks and the country’s currency are threats to investment in China, the identifiable potentials are more significant.

Importance of Rice and the Varieties Worldwide :: Essays Papers

Importance of Rice and the Varieties Worldwide Rice (oryza sativa) is the staple food for about one half of the world’s population. This grain has origins going back to about 3000 B.C in India, and grew along the rivers of the Tigris and Euphrates circumscribing the ancient civilizations of Mesopotamia. Rice is the staple food of East and Central Asia, the islands of the western Pacific and much of Latin America. These eastern nations are today the main rice-producing countries; places such as China, India, Japan, Bangladesh, Indonesia, Thailand and Burma. Rice is much more than a grain; it has fueled economies, been subject to science, and traveled the globe due to world trade. Rice is found all over the world and in thousands of varieties; there are more than 8,000 varieties found in India alone where it all originated, and in one of the smaller rice-producing countries, the Philippines, there are about 3,500 varieties. Some of these well known varieties include basmati (India), sushi rice (Japan) and jasmine rice (Thailand) each having a different consistency and flavor. Basmati rice is very aromatic, both in its dry state and cooked. It has an exotic smell that is very distinct compared to other varieties. Sushi rice is known for its consistency; it very sticky, which is beneficial when making sushi. Jasmine rice, as seen on the plate, is also aromatic but it has a different smell. It has a more floral smell to it, hence the name Jasmine rice. There are other varieties of wild rice which is altogether a different species (Zizania aquatica). This species is grown in western nations such as the United States and has become a delicacy in markets. It fueled the diets of Native Americans in parts of the Midwest United States. Rice comes in different colors, shapes, lengths, and is grown in different conditions. The harvested rice, which still has the husk around the grain, comes in several different colors including, white, brown, amber, red or black. Some of these varieties are long and slender, while others are short and thick. The Process of Growing and Harvesting Rice Rice is grown in tropical, semi tropical and temperate regions; mostly in coastal plains, tidal deltas, and river basins. There needs to be a supply of freshwater because the land needs to be submerged under water.

Mbuti Culture

Mbuti Culture Micheal Smith ANT 101 Prof. Tracy Samperio September 24, 2012 Mbuti Culture Mbuti primary mode of subsistence is Foraging. A forager lives as hunter and gatherer. The Mbuti hunt and gather food from the forest, and they trade as well for survival. They are referred as hunter-gatherer. They are a small band of kinship groups that are mobile. All foraging communities value their lifestyle. The Mbuti show how their kinships, beliefs and values, and economic organization are the key for their forager culture. In the forager societies kinship is one of the key importance of the lifestyle.Mbuti are called the people of the forest, who believe they are the children of the forest. Their beliefs and values are very important to their culture also. The forager beliefs are that every living thing has a spirit (Nowak and Laird, 2010). The Mbuti beliefs are that the forest is for helping and giving thanks through their ritual ceremonies ( Mosko, pg. 897). Forager see working togethe r and sharing is the way to economic organization. The Mbuti has the same way to keep their economic organization working right. The Mbuti way of living shows team work instead of individual wealth.The foraging societies believe family, marriage and kinship, gender, and age are the key principle of social organization (Nowak and Laird, 2010). The Mbuti are forest people. Their kinship is small and have different one throughout their band. They look to choose a partner, than start a family. The most common type of family in foraging societies is nuclear family (Nowak and Laird, 2010), which the Mbuti have also. In choosing a partner, there are some rules and understanding they have to meet. With the foraging societies, choosing a partner, they have to understand; they cannot have sexual intercourse until married and cannot arry within certain kin. That means intermediate family. Once the Mbuti culture has chosen a partner and got marry; sexual intercourse can occur also. Ideally, mar ital love-making should take place in the forest, but it may also occur in the couple own hut (Mosko, pg. 899). The women that is married should have intercourse during menstruate cycle. This is how they conceive and start a family. The Mbuti common type of family is the nuclear family, just like most foraging societies. A nuclear family is composed of a mother and father and their children (Nowak and Laird, 2010).The forager societies feel nuclear family adaptive to various situations that is why it is common (Nowak and Laird, 2010). The Mbuti are composed of bands which are multifamily groups. The bands are small groups of nuclear family, which changes every time they move. Sometime the bands are composed of a few extended families, each consisting of a nuclear family with married children, their spouses, and offspring (Nowak and Laird, 2010). Such a band composition works best in terms of cooperation and sharing (Nowak and Laird, 2010). The Mbuti bands establish a camp in the for est.The nuclear families of the bands arrange their separate huts roughly in a circle around a central hearth (Mosko, pg. 903). The bands are what make up the Mbuti kinship. The forager society’s beliefs and values may be different but have the same meaning. Like stated before, they believe that every living thing has a spirit (Nowak and Laird, 2010). The Mbuti main beliefs and values are the forest, avoiding violence, and their leisure time. The Mbuti see the forest as a symbol of their beliefs and values. The forest is a thing that has a spirit which helps them. They give thanks to the forest by ritual ceremonies.The forest also plays an important part in the Mbuti pregnancy. â€Å"Forest† itself, for virtually everything in Mbuti culture is related to the one idea (Mosko, pg. 897). The Mbuti do not believe the forest is a simple idea; they describe it as â€Å"lover†, â€Å"God of the Hunt†, and â€Å"God of the Forest†, for some examples (Mosko , pg. 897). The forest is what the Mbuti base their lifestyles on. Foraging Societies try to avoid violence by working hard and dealing with other cultures like them. They work hard to feed their families. They value the idea of a family and working together. That is why their leisure time is so important.Leisure time is used to spend time with the kin and friends, the foraging societies believe (Nowak and Laird, 2010). They work hard to find food and hunt for a couple of days and rest of the time is for leisure activities. The Mbuti have ritual that they do during their leisure time. They have a ceremony called molimo. It is performed by the men and is associated with singing and the use of a trumpet called the molimo (Nowak and Laird, 2010). The molimo ceremony used the molimo, a strictly forest institution, which young men are initiated after they have become successful hunters (Lee, pg. 44). This is how most of the leisure time goes to, the family. The forager culture has high v alue for working together and sharing (Nowak and Laird, 2010). Those values show how their economic organization works wells. They see economic importance as cultural tradition. This is how they survive also. It is easy for forager to move place to place because they don’t have many material items. That is what makes the exchange process so easy also. The reciprocal economic systems are a form of exchange of goods and services that occurs between members of a kinship group (Nowak and Laird, 2010).Foraging societies has a similar way of using this system. The amount of food and other resources occur immediately because they are mobile (Nowak and Laird, 2010). The exchange process is what keeps them going. Even though they are mobile, they can use the environment to storage material. The Mbuti are forager and show most of the forager society’s way of living. The Mbuti has showed how their kinships, beliefs and values, and economic organization is the key for their forage r culture. Reference Nowak, B. & Laird, P. (2010). Cultural Anthropology. Bridgepoint education, Inc. Retrieved from: http://content. ashford. eduThe Symbols of â€Å"Forest†: A Structural Analysis of Mbuti Culture and Social Organization Mark S. Mosko American Anthropologist , New Series, Vol. 89, No. 4 (Dec. , 1987), pp. 896-913 Published by: Wiley-Blackwell on behalf of the American Anthropological Association Article Stable URL: http://www. jstor. org/stable/677863 The Mbuti Pygmies: An Ethnographic Survey by Colin M. Turnbull Review by: Richard B. Lee American Anthropologist , New Series, Vol. 69, No. 2 (Apr. , 1967), pp. 243-244 Published by: Wiley-Blackwell on behalf of the American Anthropological Association Article Stable URL: http://www. jstor. org/stable/669466

The Great War And World War I Essay - 1189 Words

Between 1914 and 1918, many of the world’s leading countries were neck to neck in a bloody and gruesome battle known as the Great War or World War I. At the start of the war, the United States practiced its policy of isolationism, a policy of remaining apart from the affairs or interests of other countries. However, the United States officially entered the war in April 1917. Although the United States only fought two battles, at St. Mihiel and the Meuse-Argonne, the fighting took a heavy toll on American lives and the public opinion of war. In an attempt to restore public opinion, President Franklin D. Roosevelt decided to help the United States slip back into isolationism. In response to the overwhelming desire of Americans to keep their distance from foreign conflicts, the United States remained diplomatically and militarily isolated due to public sentiment, internal politics and lack of military preparedness, and economic repercussions of the Great Depression. With more th an fifty thousand American boys killed in combat, many Americans believed that the Great War was a tragic and costly mistake that should never be repeated.1 According to historian David Kennedy, â€Å"Americans of both sexes, of all ages, religions, and political persuasions, from all ethnic groups and regions, shared in the postwar felling of apathy toward Europe, not to mention the rest of the quarrelsome world that bordered on disgust.†1 Americans had grown up with the luxury of being isolated fromShow MoreRelatedThe Great War : World War I894 Words   |  4 Pages The Great War: World War I World War I, otherwise known as the Great War, began as a small battle that eventually developed into a prodigious uproar between several countries. WWI’s beginnings are controversial and historians throughout the world have several theories about the destructive event. 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