Monday, January 20, 2020

imperialism in Ecuador :: essays research papers

ECUADOR Before becoming Ecuador in 1830 it was known as the Vice royalty of Granada. Western imperialism and exploration led Spain to inhabit this Gold mine. Thesis: Slide 1 The year 1492 brought about many changes in the Old World that forever altered the way we understand and perceive the New World. Imperialism and Colonialism soared to new heights and brought two completely different worlds into a crash course forever entwining cultures, laws, religion, and customs in North and South America.   Ã‚  Ã‚  Ã‚  Ã‚  Slide 2 The year 1492 is important in many ways. After centuries of fighting the Muslims, Jews, and Moors were finally expelled out of Granada, the last strong hold of other religions in Spain. Christianity once again reigned in Spain. This led monarchy to fortify their homeland and start looking for new land to monopolize and colonize on in Asia. This is why they called the Western part of South America New Granada.   Ã‚  Ã‚  Ã‚  Ã‚   Slide 2- the man the Spanish monarchy chose was Christopher Columbus. Columbus is known for stumbling into America while looking for Asia. Slide 2- the men who deserve the credit should be the man who conquered the Americas and that is Hernando Cortes and Francisco Pizarro. Slide 2 transition into slide 3- Once Cortes and his small army defeated Montezuma’s powerful Mexican Aztec warriors, which outnumbered the Spaniards 10-1. The riches in form of Gold started to flood into Spain. Slide 3- once Queen Isabel died in 1504 and Ferdinand died in1516 there was a power struggle between the families. Charles V and queen Isabel of Portugal took over and immediately had to make political alliances as soon as possible. What better way then conquering new land and people? Spanish Thrown to send Francisco Pizarro on a new Expedition down south to find the other Great Empire that was rumored to exist in the south Slide 3- the motivational factors were over Gold but to make it sound a little better to the church and to the public, the Monarchy said it was to spread Christianity in the new world. Slide 3- on the new expedition Pizarro brought with him a man by the name of Diego de Almargo in 1532 and used Ecuador as the staging point for new invasion of Inca Empire.   Ã‚  Ã‚  Ã‚  Ã‚  Slide 4- now the next obstacle was finding the Empire and learning as much as possible about them to defeat them.   Ã‚  Ã‚  Ã‚  Ã‚  Slide 4- The Spaniards learned that the Incas ruled the area since 1200 A.

Sunday, January 12, 2020

Business Plan Name Course Instructor’s

A business plan is a written document stating the aims, mission, vision, objectives, and the general management, cost incurred and planning how you will achieve what you want (McKeever, 2008).It is a very important document for it will underline guidelines for future purpose of the organization and start to establish baselines for success (Abrams & Kleiner, 2003). A well written business plan should contain a three to five-year cash flow projection.This cash flow will aid the investors in deciding wisely about the business and make you to realize how much capital is required to start the running of the business. It should deeply define the business operation that includes marketing strategies, and procedures to be followed to attract the customers. It might also project various strategies that display the leadership styles to be portrayed by the leaders, which should be transparent and flexible.Business plans are established for various objectives for example an organization might be searching for finances from investors; a group would be in need of bank loan while others will want to plan organizations strategy to be sure the organization is successful. No matter the purpose all types of business requires a business plan.Steps in writing an excellent business plan:Lay down the main purpose of the business Collect all the needed data and information of the business purpose Focus on the purpose based on the compiled information Important factors of a business planA good business plan should always fit the business need – It is possible to establish a business plan that is so excellent but can only be understood by internal members while it is also possible to develop an excellent and well researched business plan that has no use. The business needs should be highly considered especially its aim, vision and mission statement (McKeever, 2008).It should be realistic – A business plan should have great ideas which can be implemented for example an exce llent, well researched and perfectly written business plan explaining about a commodity that cannot be established has no meaning. Conversely, plan that calls for millions of money just for investment but lacks management group that can be able to get such investment is a bad plan.It should be direct to the point – The entire business plan should be specific in nature that is it should state out duties, expiring dates, forecasts and metric. An excellent planning relies more on the subject, the concerned party, the day and the finances (Abrams & Kleiner, 2003). It should underline duties and responsibilities – One must be able to point out the duties for individuals. Any duty without an individual seems difficult to be implemented.It points out assumptions – Its very vital for most of the business plans appears to be wrong, they are written by people who deal with guess work and they might be wrong, hence every plan should display assumption up front for altered assumptions ought to direct to revised plans (McKeever, 2008).It should restrict people to be committed – Apart from planning, the plan should specify the various duties and responsibilities of an individual then the management should follow up so as to get the duties done by the concerned party, this will enforce commitment and a smooth running of the business.A good business plan should be kept moving by follow up and planning process (Abrams & Kleiner, 2003). Every business plan must carry the planning procedures with it, which means often check up and course amendment. There is no business plan that is excellent if it is inflexible. Planning doesn’t future predict only annually its steering and management that takes a process to often counter check and rectify the course (Pinson, 2001).

Friday, January 3, 2020

Macro environmental factors that affect firms - Free Essay Example

Sample details Pages: 5 Words: 1558 Downloads: 3 Date added: 2017/06/26 Category Management Essay Type Analytical essay Did you like this example? These factors are not within the control of management of business but still affects the business up to large extends. These factors are almost uncontrollable. The organization has to fit into this environment to survive in this competitive scenario. Don’t waste time! Our writers will create an original "Macro environmental factors that affect firms" essay for you Create order These factors of macro environment also affects the factors within the organization i.e. factors of micro environment. There are many factors in the macro-environment that will affect the decisions of the managers of any organization in this whole world. Tax changes, new laws, trade barriers, demographic change and government policy, political changes are all examples of macro change. To analyze these factors managers can categories them using the PESTEL model. Political factors: This refers to government policy, For example: the degree of intervention in the economy. What goods and services a government wants to provide? Up To what extent does it believe in subsidizing firms? What are its major priorities in terms of business support? Political decisions can impact on many vital areas of business such as the education of the workforce, the health of the nation and the quality of the infrastructure of the economy such as the road and rail system. Economic factors: This inclu des interest rates, taxation changes, economic growth, inflation and exchange rates. For example: Higher interest rate may deter the investment because it costs more to borrow. Inflation may provoke the higher wage demands from employees and raise costs. Higher national income growth may boost the demand for a firms products. Social factors: Changes in social trends can impact on the demand for a firms products and the availability and willingness of employees to work. For example: In the UK, the population has been ageing. This has increased the costs for firms who are committed to pension payments for their employees because their staffs are living longer. It also means some firms like ASDA have started to recruit older employees to tap into this growing labor pool. The ageing population also has impact on demand. For example: Demand for sheltered accommodation and medicines have increased whereas demand for toys is falling. Technological factors: New technol ogy creates new products and new processes. MP3 players, computer games, online gambling, i-pods and high definition TVs are all new markets created by technological advances. Online shopping, bar coding and computer aided design are all improvements to the way the businessmen do business as a result of better technology. Technology can reduce costs; improve quality and leads to innovation. These developments can benefit consumers as well as the organizations which providing the products. Environmental factors: Environmental factor includes the weather and climate change. Changes in temperature can impact on many industries which include farming, tourism and insurance. With major climate changes occurring due to global warming and with greater environmental awareness these external factors are becoming a significant issue for firms to consider. The growing desire to protect the environment is having an impact on many industries like the travel and transportation industries (For e xample: more taxes being placed on air travel and the success of hybrid cars.) and the general move towards more environmental friendly products and processes is affecting demand patterns and creating business opportunities. Legal factors: These are related to the legal environment in which firm operates. In recent years in the UK there have been many beneficial legal changes that have affected firms behavior. The introduction of age discrimination and disability discrimination legislation, an increase in the minimum wage and greater requirements for firms to recycle are examples of the recent laws that affect an organisations actions. Legal changes can affect a firms costs and demand. IMPORTANCE OF BUSINESS ENVIRONMENT Firm to identify opportunities and getting the first mover advantage: Early identification of opportunities helps an enterprise to be the first to catch them instead of losing them to competitors. For example: Maruti Udyog became the leader in the small car market since it was the first to recognize the need for small cars in India. Firm to identify threats and early warning signals: If an Indian firm finds that a foreign multinational company is entering the Indian market it should gives a warning signal and Indian firms can meet the threat by adopting, by improving the quality of the product, reducing cost of the production, engaging in aggressive advertising, and so on. Coping with rapid changes: All sizes and all types of industries are facing increasingly dynamic environment. In order to effectively cope with these significant changes, managers must understand and examine the environment and develop suitable courses of action. Improving performance: The enterprises that continuously monitor their environment and adopt suitable business practices are the ones which not only improve their present performance but also continue to succeed in the market for a longer period of time. THE ORGANISATIONAL EXTERNAL BUSINESS STRATEGY By using the PESTEL framework a manager can analyze the many different factors in a firms macro environment. However, it is important not to just list PESTEL factors since this does not in it tell managers very much. What managers need to do is to think about which factors are most likely to change and which will have the greatest impact on them i.e. each firm must identify the key factors in their own environment. Managers must decide on the relative importance of various factors and one way of doing this is to rank and score the likelihood of a change occurring and also rate the impact if it did The higher the likelihood of a change occurring and the greater the impact of any change the more beneficial this factor will be to the firms planning. External Strategies of different organization Economic factors :- Vodafone: The growth of Asian countries like India and china, have had massive effects on Vodafone. Vodafone can relocate production there to benefit from lower costs; these emerging markets are also providing enormous markets for them to aim their product at. With a population of over 1 billion, for example, the Chinese market is not one that anyone would want to ignore, at the same time Chinese producers should not be ignored either. Social factors :- McDonaldà ¢ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ¢s: Important strategic decisions are a key factor to Mac Donaldà ¢ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ¢s success with consideration for both internal and external factors. When considering the foreign market, companies need to consider there are risks. There must be local marketing to appeal to the local consumers and also to build relationships and trust (Bateman Scott, 2004). Therefore, the strategic planning for marketing has to be effective enough. McDonaldà ¢ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ¢s caters its menu in other countries to the cultures of the regions. For example, in India, the non-vegetarian menu includes chicken and fish items only. Beef is not on the menu in India because are considered sacred. Political-legal factors:- American auto makers, the electric car and California: Electric cars For whatever reasons, several of the auto manufacturers in the USA began developing which they leased to satisfied customers. Then, California decided that it would be a good idea to mandate to American auto makers that if they expected to sell their cars in California they would have to invent some new technology reducing carbon dioxide. Presumably, California expected to see an increase of the electric cars being sold by auto makers. What happened is quite the opposite and the auto makers took a hard look at their electric car program, uncertain how to market a clean vehicle without admitting the piston engine vehicles are dirty, realizing that much of the profit from a piston engine vehicle comes with the replacement of the parts and not so with electric cars and finally, realizing that a State, not even the State of California can make them build technology they dont have, nor can any state even make them keep building the technology they do have, and so, the auto makers killed their own electric car program and this was the impact of a political-legal environment. Technological factors:- NOKIA: The starting models of Nokia had some technical problem with battery backup. People who were using those handsets often complain which had spoil the reputation of the Nokia completely. The sales and market price of Nokia fell down drastically. Then management took serious consideration to these problems, and modifies all the handset with latest technology. Nokia had been successful to regain the trust of its consumers and as a result it enjoys monopoly in market. Environmental factors:- Tesco: In 2003, there has been increased pressure on various companies and managers to acknowledge their responsibility to society, and act in a way which benefits society overall. The main societal issue threatening food retailers has been environmental issues, a key area for companies to act in a socially responsible way. Hence by recognizing this trend within the broad ethical stance. Tescos corporate social responsibility is concerned with the ways in which the organization exceeds the minimum obligations to stakeholders specified through regulation and corporate governance. Graiser and Scott (2004) states that in 2003 the government has intended to launch a new strategy for sustainable consumption and production to cut waste reduce consumption of resources and minimize environmental damage. The latest legislation has created a new tax on advertising highly processed and fatty foods. The so-called à ¢ÃƒÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬ÃƒÆ'†¹Ãƒâ€¦Ã¢â‚¬Å"fat tax directly af fected the Tesco product ranges that have subsequently been adapted and affecting relationships with both suppliers and customers.

Thursday, December 26, 2019

Jazz and Classical Music - 1760 Words

Jazz and Classical Music Upon entering a modern record store, one is confronted with a wide variety of choices in recorded music. These choices not only include a multitude of artists, but also a wide diversity of music categories. These categories run the gamut from easy listening dance music to more complex art music. On the complex side of the scale are the categories known as Jazz and Classical music. Some of the most accomplished musicians of our time have devoted themselves to a life-long study of Jazz or Classical music, and a few exceptional musicians have actually mastered both. A comparison of classical and Jazz music will yield some interesting results and could also lead to an appreciation of the abilities needed to perform†¦show more content†¦Throughout the history of Jazz, however, notation was more like a rough sketch. This was because the syncopated rhythms of ragtime and the melodic riffs of the blues were not easily notated. Also, early Jazz musicians were not formally trained; they usually learned by ear. Some songs were transcribed and written down, but not in precise ways. Jazz music became more of a passed on tradition that a musician learned through interaction with other players. In a similar way, the modern Jazz musician must rely on previous recordings to get a feel for the style and technique which he desires to learn from. But in classical music, one composer can learn from an older composer by looking at and analyzing the music that the previous composer wrote down. Likewise, classical musicians can master the parts they must play by practicing the music that has been written or published beforehand. These two approaches to passing on tradition are both valid. However, without the recording medium Jazz music might have developed much differently than it has. The cohesive element that keeps a musical group together is also an interesting contrast. In Classical music, the conductor uses a baton and plays the orchestra as if it were his instrument; he looks at a complete score of all the events happening in the composition and interprets these events based on his knowledge and intuition of what the composer intended. Jazz groups rarely utilizeShow MoreRelatedThe Classical Music And Jazz1544 Words   |  7 PagesSeptember 2015 Classical music and Jazz What people come up with when they hear the words â€Å"classical music† is a big concert hall, while what people come up with is a small bar or something when they hear â€Å"jazz†. It seems they are different as they are named differently, but are they really different? Also, given that the mainstream in the music industry is popular music, both classical music and jazz are not appreciated by many people, but how have these two music survived up until todayRead MoreThe Similarities Between Classical Music and Ellingtons Jazz2455 Words   |  10 Pagesdebasing of the Jazz genre as a unworthy equal to its predecessor, European Classical music. This can be seen in various statements about Jazz, such as Boris Gibalin commit, The Jazz Mania has taken on the character of a lingering illness and must be cured by means of forceful intervention.1 This conflict can be traced through out the history of Jazz, as Classical composers have relatively disregarded this new type of m usic. Before Duke Ellingtons Cotton Club performances, Jazz play on the radioRead More The Similarities Between Classical Music and Ellingtons Jazz2414 Words   |  10 Pagesdebasing of the Jazz genre as a unworthy equal to it’s predecessor, European Classical music. This can be seen in various statements about Jazz, such as Boris Gibalin commit, â€Å"The â€Å"Jazz Mania† has taken on the character of a lingering illness and must be cured by means of forceful intervention.†1 This conflict can be traced through out the history of Jazz, as Classical composers have relatively disregarded this new type of music. Before Duke Ellington’s Cotton Club performances, Jazz play on the radioRead MoreMusical Event In Preparation For This Event, I Was Somewhat1410 Words   |  6 Pages Musical Event In preparation for this event, I was somewhat versed in classical music. Many of the pieces I heard were either referenced in the text, or I have heard them before. I did not have any preconceived notion as to what the playlist would consist of before I attended the event. There were many classical tracks played throughout the event, most of which had jazz influences from the members of the Englewinds. It was all very refreshing and spontaneous, something which I did not expect fromRead MoreMusic Makes Children Smarter : Music Essay1610 Words   |  7 PagesMusic Makes Children Smarter Music in many ways. has a potential to allure an individual, especially children, to improve their intellect, when involved in music. Schools and organizations had researched and estimated that schools with music curriculum, have more graduation and successful rates than school that do not doesn’t have music subjects. Universities have concluded that a specific part of our brain had a major role that can progress to become intellectual when exposed to classical musicRead MoreCharles Mingus and Civil Rights1572 Words   |  7 Pagesgroundbreaking jazz musicians and composers of the 1950s and 1960s. The virtuoso bassist gained fame in the 1940s and 1950s working with such jazz greats as Louis Armstrong, Duke Ellington, Charlie Parker, Art Tatum, and many others. His compositions pushed harmonic barriers, combining Western-European classical styles with African-American roots music. While examining his career is valuable from musical standpoint, his career also provides a power ful view of the attitudes of African-American jazz musiciansRead MoreRhapsody In Blue Essay1252 Words   |  6 Pagesthat has found its way into contemporary movies and advertisements, making it likely as recognizable as Chopin’s Funeral March or Beethoven’s Fifth Symphony. But unlike these two pieces of iconic classical music, Rhapsody in Blue â€Å"resists classification.†1 In it are elements of classical music, blues and jazz, making it at once â€Å"Gershwin’s most famous piece† but also â€Å"possibly his least understood composition.†2 Indeed, while Rhapsody became a popular hit in the 1920s, the reception from critics wasRead MoreWhat Is The Types Of Music?1587 Words   |  7 Pages What is the types of music? Music became an important thing since i was really young.It grew up with me together and it brings me a lot of things that other things can’t give me.Now,let me tell you all about what i learned from music,and my feeling with music.I found there are many different types of music.And every type of music brings listener different feelings.Types makes music totally different. If i am a narrator,then music is like a main character in my life.ActuallyRead MoreA Career Essay : The Career Of My Dream1111 Words   |  5 Pagesthat I wanted to do something with music, but the question was: what kind of musician do I want to be? Because there truly is not a path relating to music that is better than another. When you think about it, the are all dead-ends. Classical musicians, jazz musicians†¦ there aren’t any benefits to either, but they both have their fair share of problems. Show me a musician whose success outweighed their stress and struggles. When I thought about being a classical musician, I originally thought thatRead MoreThe Mystery of Jazz and its Powerful Impact on the Community807 Words   |  3 Pagesmystery of Jazz and its powerful impact on the music community can be explained largely by the context of it’s creation. Jazz was born in the United States, and because of this, many have referred to Jazz as â€Å"America’s music.† Like America, Jazz has a balance between structure and spontaneity. It capitalizes on the fluidity of the musicians, having several different instruments with independent spirits, coming together as one to form a great piece of music. Unlike other styles of music, Jazz has a certain

Wednesday, December 18, 2019

Mohandas Gandhi was One of Indias Pacifist and Activist

Mohandas Gandhi Gandhi once said, â€Å"You must be the change you wish to see in the world.† Mohandas Gandhi was an Indian pacifist and activist, who is a beacon and an icon for many people. He has inspired many to pursue non-violence, which is why we can consider him one of the greatest of his time. Everything he has done was either for the good of others, or to bring himself spiritually closer to god. Gandhi was a reformer because he played a large role in India’s freedom from Britain, he is seen as the century’s foremost representative of civil rights, and he created a method of moral activism and non-violence. As stated by Gandhi, â€Å"Only if I die for India shall I know that I was fit to live.† Gandhi is the main reason why India freed themselves from Britain’s control in the early 1900s. The British wanted to pass a bill to prevent Indians from voting, so Gandhi led a drive that gathered 10,000 signatures to oppose the bill (Deats 25). Also, Gandhi marched 240 miles to the sea, where he made salt illegally against the governments monopoly and high tax on salt to help the poor (History Study Centre, Mohandas K. Gandhi.). Once in control of the Indian National Congress, he led the Non-Co-Operation Movement, in which Indians stopped supporting British Colonial Institutions (Hardiman 2). And to finally ignite the spark for their freedom from Britain, Gandhi led the â€Å"Quit India† campaign. Independence was declared five years later in 1947 (History Study Centre, MohandasShow MoreRelatedA Brief Biography of Mohandas Karamchand Gandhi766 Words   |  3 PagesMohandas Karamchand Gandhi, also known as Mahatma Gandhi, was Indias greatest political and moral leader. He was born in Gujarat on October 2, 1869 and assassinated on January 30, 1948. In his 79 years of lifetime, he was able to accomplish so many things for the discriminated and all of India. His acts and ideologies still affects the world today. He was born in Gujarat on October 2, 1869 to a prime minister of Rajkot and a faithful Hindu woman. His mother Putilbais faith in Hindu affected GandhiRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesreunification of Germany, the surge of globalization from the mid-1990s) and afterward (9/11, or the global recession of 2008) when one could quite plausibly argue that a new era had begun. A compelling case can be made for viewing the decades of the global scramble for colonies after 1870 as a predictable culmination of the long nineteenth century, which was ushered in by the industrial and political revolutions of the late 1700s. But at the same time, without serious attention to the processes

Tuesday, December 10, 2019

Jones Electrical Distribution Case Analysis Sample Essay Example For Students

Jones Electrical Distribution Case Analysis Sample Essay This analysis is based on the 5 inquiries to the instance. We believe that replying them builds a instead thorough and clear image of the province of Jones’ concern and its strengths and issues and offers a good analysis of its current province. Question A ) How good is â€Å"Jones Electrical Distribution† executing? What must Jones make good to win? Jones Electrical Distribution is electrical providing company. Since it was established in 2004. the gross revenues have been turning steadily on a twelvemonth to twelvemonth footing from $ 1624000 in 2004 to $ 2224000 in 2006. and furthermore a jutting $ 2. 7 million in gross revenues for the current fiscal twelvemonth of 2007. In the same clip net income has been unequal for the measure of gross revenues. This information is backed by the really low Net income Margins experienced by the company. most late merely 1. 3 % ( and merely 0. 8 % for the first one-fourth of 2007 ) . As of late. the company has faced a hard curren cy deficit and the consequences of that are going evident on its fiscal statements. Histories collectible have increased dramatically comparing 2006 and 2007. The same state of affairs is with histories receivables. demoing that less of Jones’ clients are willing to pay hard currency for goods delivered. As a consequence the usage of a price reduction thanks to fast payment to providers has become unlikely. Further survey of the addition in of import constituents such as histories receivables and stock list will be discussed in the 3rd subdivision of this instance analysis. Here are some critical ratios in analysis the company’s public presentation: ROA=NI/Total Assetss ; ROA=2. 3 % for 2004. 4. 3 % for 2005 and 3. 8 % for 2006. which means what the net income is per dollar of assets and indicates the Jones doesn’t use the assets in an efficient mode. ROE= NI/Total Equity ; ROE=7. 6 % for 2004. 13. 62 % for 2005 and 12. 35 % for 2006. This ratio indicates that for every dollar in equity Jones Electrical Distribution generates 0. 07. 0. 13 and 0. 12 cents in net income for 2004. 2005 and 2006 severally. To better the ratio indicators the house has to increase the Net Income. Net income Margin=NI/Sales ; PM=0. 8 % for 2004. 1. 5 % for 2005 and 1. 3 % for 2006. Profit Margin for the Jones Electrical Distribution is highly low. Jones should take advantage of gross revenues price reductions. Debt Equity Ratio=Total Debt/Total Equity= 2. 19 times for 2004. 2. 12 for 2005 and 2. 22 times for 2006. The ratio is demoing us the liabilities keep turning. While analysing the ratios’ indexs it is going clear that Jones managed the company more successfully in 2005. Possibly this is helped by the fact that he used all the price reductions from providers. It is really indispensable for Jones Electrical Distribution to leverage the net income. which is impossible to make without diminishing the costs of running the concern. Jones Electrical Distribution seems to be a company based on a good gross revenues squad who take are conveying about a really steady annually growing of between 17 % and 18 % . This rather singular figure seems to demo an aspiration and dedication and net income despite little has besides grown at a pacing that seems to decelerate down unlike that of gross revenues. So it seems that Jones has to seek to move to his strengths by back uping the good work of his gross revenues squad. but in the interim the chief jobs seems to be connected to the Profit Margin. The EBIT of the company or in other words the disbursals of doing a sale are perchance excessively high and stifle the growing chance and do a demand for external funding. This would be difficult to keep for really long particularly for a concern of that size. Jones has to seek to minimise costs and increase his hard currency aggregation as it has been dawdling every bit good. The hard currency injection of the new line of recogn ition will be a breath of alleviation but non a long term solution. So merely uniting the aforesaid steps will let a thriving concern like Jones’ to procure a good balance between cut downing EFN and non impeding growing. These points will be farther discussed as we go. First let’s analyze the undermentioned Question B ) Why does a concern that has net income $ 30. 000 per twelvemonth need a bank loan? For the last few old ages Jones’ concern has been sing a growing harmonizing to the seemingly good public presentation of the gross revenues squad who have captured a turning demand really good. This nevertheless has led to a quandary for the proprietor who seems overwhelmed by the determinations connected to keeping this growing. since continuing it would intend fall backing to external funding. The job the company faces is the liquidness ( defined as sum of capital available for investing and disbursement ) for the company and it has been worsening. Despite retaining its net incomes. the house has seen problem keeping hard currency growing at the same rate as other assets and liabilities. This is supported by Numberss such as the hard currency ratio which for 2007 has been a meager 0. 06 547 falling from a old 0. 180349 in 2005. Furthermore the stock list demands of the company organize an built-in portion of the company’s assets. Chaos In King Lear EssayFundss available from Southern Bank A ; Trust 2007: We are presuming that he is utilizing $ 146. 430 ( $ 216. 000 – $ 99. 540 + $ 30. 000 ) to pay of Metropolitan Bank in 2007. His staying debt with Metropolitan will hence be $ 103. 570 ( $ 250. 000 – 146. 430 ) . His staying recognition line with Southern Bank A ; Trust sums to $ 134. 000 ( $ 350. 000 – $ 216. 000 ) . When his Histories Receivables exceeds $ 167. 500 and his stock list exceeds $ 201. 000 he will hold this financess available. The mean net income border for the company is 1. 23 % . Projected gross revenues for 2007 are $ 2. 700. 000. This will give us a jutting net income of $ 33. 121 ( $ 2. 700. 000 ten 1. 23 % ) . After analyzing this we can come to a decision. We don’t think Jones will be able to pay of his current line of recognition in the current status of the house. The new loan conditions with Southern Bank A ; Trust is interfering with Jones other possible solutions to his job. For Jones to be able to utilize money from the new fiscal establishment. he needs to increase his Histories Receivables and his Inventory. Both of these actions will hold a negative consequence on the company?s liquidness. Jones should concentrate on increasing his net income border before he focuses on growing. As it says in the instance he is a really cautious cat when it comes to money. and â€Å"doesn’t spend a dime if he don’t have to† . But he besides has a job with the company funding. His whole growing is paid with short term debt. and he is even paying of his long term debt with short-run recognition. Question E ) What could Jones make to cut down the size of the line of recognition he needs?First determined what he truly needs at this state of affairs.-The rapid gross revenues growing from 2004-2007 shows an increasing Net worth Value at slower rate. | 2004| 2005| 2006| First One-fourth 2007|Net worth| 184| 213| 243| 248|Table1. Show net worth from 2004-2007 ( 1st one-fourth ) Year 2004-2005| Year 2005-2006| Year 2006-2007 ( first one-fourth ) | Year 2007-2008| 213184=1. 1576086957| 243213=1. 1408450704| 248243=1. 0205761317| Close to 1 agencies no alteration in net worth value| Table2. Show net worth value addition over 3 old ages.From table 2. this conclude that with addition in figure of gross revenues will non ensue in better cyberspace worth. so Jones should choose for a no gross revenues Growth option for his hereafter growing programs. In other words alternatively of concentrating on the addition in gross revenues. the focal point should be switched to a more efficient and effectual control of costs to impact the low Net income Margin. If Jones manages to increase annually net incomes this would in term provide more maintained longing impacting of import ratios such as evidently PM and ROA. ROE and his EFN. More financess will be available to back up growing at a lower cost since borrowing demand would worsen. And this is exactly what he should be taking to make to procure long term wellness of the concern! Some options include altering providers. relocating for revenue enhancement intents ( even though his job is chiefly in pre revenue enhancement costs ) and possibly cutting portion of the gross revenues force or cut downing wages if possible. Furthermore to back up his growing the liquidness job has to be solved rapidly. Some farther ways to cut down the size of the line of recognition to accommodate his demands chiefly in the shorter run include: 1 ) We need to cut down the history receivable to bring forth more hard currency at any peculiar point of clip. for illustration giving gross revenues price reduction if purchaser pays hard currency as suggested in Question C ) . or increase Receivables turnover ( Sales/Account Receivable ) . The higher Receivable turnover means that the company will roll up faster on those gross revenues. 2 ) The chief providers to Jones Electrical Distribution had footings of 30 yearss or slowdown. The subsequently the payment day of the month the better it is. This manner the concern can take advantage of a secondary line of recognition. However this would intend losing out on a 2 % price reduction and has the possible to decline relationships with providers 3 ) The company could decelerate down its increasing gross revenues because fiscal support will be increased harmonizing to gross revenues. in other words. addition in gross revenues agencies larger financess are needed to back up stock list w hich will increase the line of recognition. So. without gross revenues growing. there is no demand for extra funding. 4 ) The stock list cut downing steps mentioned besides will better liquidness as it seems misdirection of that deprives the company of some of its hard currency. If Just in Time stock list is used there will be more hard currency available at any point. perchance cut downing the EFN.

Monday, December 2, 2019

The Cross Country Meet free essay sample

After we stretched, Coach Mulrooney called the varsity cross-country squad away from the rest of team. It was strange because he had never done this before, so we knew it wasn’t good. All of us just had the worst race of our careers, and the previous two races we did poorly. Each week we tried to get better, but it just wasn’t paying off. â€Å"What happened out there?† asked Coach Mulrooney. Silence. No one wanted to speak in fear that the coaches would turn on them. â€Å"We want to hear what you guys thought of the race before coach and I say our part,† said Coach Razor. We went around the circle, and each athlete said how they felt, and what they thought could’ve been done better. After we were all done, the coaches went. They said we were underachievers, mentally weak, and our goals were too high. We will write a custom essay sample on The Cross Country Meet or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It was scary. We had never been apart of anything like this before and we had never seen this happen to any prior team. Hearing that we weren’t working hard enough bounced around in my head. We had spent weeks doing the most excruciating workouts. It felt like our season was over after only the fourth meet. We walked away from the meeting heads down, not knowing what was going to come next. It was a long, quiet bus ride home, and the rumble of the bus tires couldn’t drown out coach’s words. What are we going to do? As a captain, I told the guys to use the coach’s comments as motivation. During the week I stayed focused and encouraged my teammates at every chance I got. I sent out texts and emails to the team, telling them to keep their heads up and get pumped for this week’s race. I also organized a pasta party the night before. This week’s race was at a difficult course and we were all nervous going in. But in the race, each of us dropped at least 20 seconds. After that race we never looked back. We improved each race, and eventually reached our goal of running at state. It was one of the best experiences I’ve ever had. From this season, I learned that sometimes things don’t go my way, and I can work hard but it still doesn’t might not happen for me. I just have to stay motivated and keep working hard and things will eventually fall into place.