A Case Study of Nabil Bank

CHAPTER- I INTRODUCTION 1. 1 Concept of Banking The term â€Å"Bank† is derived from the latin word â€Å"bancus†, Italian word â€Å"banca†, French word â€Å"banque† which means bench used by medieval money exchanges and German word â€Å"bank† which means joint stock company. According to oxford dictionary bank means â€Å"an establishment for keeping money and valuable safety of the money being paid out on the customer order by means of cheque.Historically, banks have been recognized for the great range of financial services they offer from checking accounts of saving plans to loan for businesses consumers and governments. Hence, bank can be identified by the function they perform in the economy. Bank is a financial institution which deals with money. Banks collect the money from the surplus unit (savers) and lend to deficit units (users). Bank raises the funds by accepting deposits, borrowing funds and issuing equity.These funds are used by th e banks to buy securities and to make loans. Since, it accepts deposits and grants loan, it is regarded as the trader of money. Banks can be divided int three types on the basis of their functions and services ie. Central bank, Commercial bank and Development bank. Commercial bank offer services to individuals, hey are primarily concerned with receiving deposits and lending to businesses. Commercial bank is also known as the financial service needs in the economy. 1. Introduction of Nabil Investment Banking Nabil Bank Limited, the first foreign joint venture bank of Nepal, started operations in July 1984. It has paid up capital of NRs200 million. Nabil was incorporated with the objective of extending international standard modern banking services to various sectors of the society. Pursuing its objective, Nabil provides a full range of commercial banking services through its 47 points of representation across the kingdom and over 170 reputed correspondent banks across the globe.Nabil Bank Limited with its mission to be the 1st Choice Provider of Complete Financial Solutions ventured into capital market related activities and incepted its fully owned subsidiary – â€Å"Nabil Investment Banking Ltd. (Nabil Invest)† which renders investment banking related services to the masses. Thus, Nabil Invest targets to establish itself as one of the leading Merchant Bankers in its short span of operation and as an Investment Banker with strong professional expertise in long run introducing innovative products and services in the Nepalese capital market with strict adherence to prevailing rules and regulations. . 2. 1 Services of Nabil Investment Banking Nabil Invest renders its institutional and retail clients wide range of services some of which are delivered currently while others will be delivered in due course with required exploration & innovation and due approval received from the Regulators as and when required, detailed as under; 1.Management of Public Offers/Further Public Offers Nabil Invest renders both its institutional and retail client services of managing public offer of shares/ debentures/right issuance of securities to existing shareholders/further public offer of securities etc to its clientele and has team of professional expertise to render quality services at competitive rates. . Underwriting Nabil invest on selective basis post independent appraisal of proposals reviewed through its professional team is rendering underwriting related services to its clientele as SEBON has made it mandatory for all institutions going public to underwrite at least fifty percent of the securities on offer prior public issue. 3. Portfolio ManagementThe Clients can delegate all their investment management related decisions to a pool of corporate finance experts of Nabil Invest who inturn will use the vast pool of industry specific data collected and analyzed by its research unit for making investments for clients portfolio which focuses primarily on safety of principal investment along with maximization of returns to Clients. 4. Registrar to Securities (RTS)Nabil Invest renders Registrar to Securities (RTS) related services to the valued shareholders of its institutional client and in the process keep on improving quality & timely delivery of services, the major hitch in this nature of services by competing institutions. 5. Loan Syndication Nabil Invest will use its existing relationship with other Banks/Financial Institutions to acquire required financial support for the financial closure of certain projects which it identifies as feasible and recommends for investment.The financial closure will be reached with either one institution or a syndicate of Banks/Financial Institutions depending on the size of projects and the requirement to diversify the risks to various portfolios from the part of member Banks/Financial Institutions. 6. Other Services Besides the services identified, Nabil Invest will always keep on e xploring innovative products and services that matches regional and global standards and target to launch the same in customization with the local market with due approval taken from the Regulators, if & when required.Thus, Nabil Invest intends to cater wide clientele rendering Investment Banking related services setting example and obtaining first mover advantage in the capital market of the country. 1. 3 Objectives of the fieldwork The objectives of the fieldwork are as follows:- ?To identify capital structure of Nabil Invest ?To analyze financial position and performance of Nabil Invest ? To evaluate portfolio of Nabil Invest 1. 4 Methods of Data collection Data collection is the process of collection of data and information through different sources or methods. To prepare this fieldwork report, the following method has been used:- Secondary Method:-The data , which is not orginally collected but obtained from published and unpublished sources, are called secondary data. These da ta are not original in character. The sources helping as secondary data for this field work reports are the annual reports of Nabil Bank, websites of nabil bank and nabil investment, books etc. CHAPTER-II DATA ANALYSIS AND PRESENTATION 2. 1 Capital Structure of Nabil Invest Table 2. 1: Capital Structure |Proposed|Effective| |NRs(000)|%|NRs(000)|%| Nabil Bank|78000|52|78000|74. 29| CG Finco P. Ltd|27000|18|27000|25. 71| General Public|45000|30|-|-| Total|150000|100|105000|100|Source:- Annual Report of Nabil Bank From the above table, it is shown the proposed and effective capital structure of Nabil invest. Nabil Invest proposed 52% capital of Nabil Bank, 18% capital of CG Finco P. Ltd and 30% capital of General Public. However, Nabil Invest's effective capital structure is 74. 29% by Nabil Bank and 25. 71% by CG Finco P. Ltd. It can be shown graphically as follows:- Fig 2. 1:- A Pie chart of Proposed Capital Structure of Nabil Invest Fig 2. 2:- A Pie chart of Effective Capital Struct ure of Nabil Invest 2. 2 Financial position and performance of Nabil Invest 2. 2. 1 Balance sheet of Nabil InvestTable 2. 2: NRs(000) Capital & Liabilities|2010/11|2009/10| Share Capital|105000|70000| Reserves and Surplus|7457|-529| Accounts Payable|7218|2628| Provision for Staff Bonus|1065|-| Deferred Tax Liability|60|-| Other Liabilities and Provisions|694|17| Total|121494|72117| Assets|2010/11|2009/10| Balance with banks|26337|70000| Investments|83400|-| Advance tax (net of income tax liabilities)|4453|-| Fixed assets (net of depreciation)|6169|1941| Deferred tax assets|-|176| Other assets|1135|-| Total|121494|72117| In the above, the balance sheet size grew by around 68% mainly due to rise in paid up capital.Paid-up capital which got increased by NRs. 35million was contributed by CG Finco P. Ltd. NRs. 27 million and Nabil Bank NRs. 8 million. In addition, net profit earned during the year also contributed to increment. Net worth of the Company surpassed paid-up capital after it registered profit. It can be graphically presented as below:- Fig:- A Bar Diagram of Assets And Share Capital of Nabil Invest 2. 2. 2 Income Statement of Nabil Invest Table 2. 3:NRs (000) Particulars|2010/11|2009/10| IPO Fees|305|-| Interest Income|12979|-| Management Services|6196|-| Gross Income|19480|-| Personnel Expenses|1574|222|General Operating Expenses|4927|482| Depreciation charge|1267|-| Gross expenses|7768|705| Operating Profit|11712|-705| Staff Bonus|1065|-| Profit before Tax|10647|-705| Tax Expense|2662|-176| Profit after Tax|7985|-529| Opening Retained Earning|-529|-| Closing Retained Earning|7457|-529| Source:- Annual Report of Nabil Bank A significant volume of the profit was contributed by interest income which not only incorporates return on equity placement but also the proceeds realized in the form of sharing of interest income with BFIs / Other Institutions whose public offers are being managed by NI in the capacity of Issue Manager.In addition, the Company also managed to earn returns by rendering specialized management services to the Bank. It is graphically Presented as :- Fig:- A bar diagram of profit of Nabil Invest 2. 3 Portfolios of Nabil Invest Table2. 4: (in million) Particulars|2010/11|2009/10| 1. Nepal Government Treasury Bills|6489|5896| 2. Nepal Government Saving Bonds|-|-| 3. Nepal Government other securities|2255|2077| 4. Nepal Rastra Bank Bonds|-|-| 5. Foreign Bonds|178|187| 6. Local Licensed Institutions|305|-| 7. Foreign Banks|3661|5391| 8. Organized Institutions' Shares|192|159| 9.Organized Institutions' Bonds andDebentures|-|-| 10. Other Investments||| 10. 1 NCM Mutual fund|1. 2|1. 2| 10. 2 Swift Investment|1. 6|1. 5| Total Investment|13082. 8|13712. 7| Source:- Annual Report of Nabil Bank The above table shows the portfolios of Nabil Invest in different securities and bonds. Here the two years fiscal years investment portfolios are provided. In the given table the highest amount of investment was done in Government Tre asury Bills. It can be identify that Nabil Invest is targeted towards the Government T- bills and securities. It can be due to no default risk and it is a risk free asset.I has also a high rate of investment in foreign banks. The lowest amount of investment of Nabil Invest is in mutual fund and Swift Investment. The above table is presented in a graph as below:- Fig:- A bar diagram of Portfolios of Nabil Invest 2. 4 Study Result After thoroughly analyzing, it is analyzed that Nabil bank has been operating as the subsidiary bank for Investments ie. Nabil Investment Banking. Nabil Investment Banking (Nabil Invest) is providing innovative, quality and timely services to the investors at large. From the analysis of data, it the capital structure of Nabil Invest has been identified.The proposed capital structure of Nabil Invest is 52% by Nabil bank, 18% by CG Finco P. Ltd and 30% by the General Public. But it is in effect that 74. 29% of capital is owned by Nabil bank and 25. 71% capital is owned by CG Finco P. Ltd. From this it can In F/Y 2009/10, the profit after tax is negative NRs 529,000 whereas in F/Y 2010/11, the profit after tax is NRs 7,985,000. This shows the increasing trend of profit of Nabil Invest. The high volume of the profit was contributed by the interest income. The portfolios of investment shows the different areas of investment by Nabil Invest.The highest amount of investment of Nabil Invest was Government Treasury bills for fiscal year 2009/10 and 2010/11 ie. NRs 5896 million NRs 6489 million respectively. It has also invested in Government Bonds, Securities and other Investments. CHAPTER-III SUMMARY AND CONCLUSION 3. 1 Summary NABIL Bank stands as the Bank of 1st Choice in the industry considering its network, a number of branches, a large capital base, diverse customized services and products, a chain of ATMs service points covering a wide regional / local spectrum. NABIL stands ahead in everything it does.The strategic purpose of Nabil is t o create values and economic opportunities across all the economic zones of the country and architecting products and services to that end. Nabil Investment Banking (Nabil Invest), a subsidiary of Nabil bank Ltd is rendering the investment banking related services to the masses. Thus, Nabil Invest targets to establish itself as one of the leading Merchant Bankers in its short span of operation and as an Investment Banker with strong professional expertise in long run introducing innovative products and services in the Nepalese capital market with strict adherence to prevailing rules and regulations.From the analysis, Nabil Invest has 74. 29% capital of Nabil Bank and 25. 71% capital of CG Finco P. Ltd. However, the proposed capital structure of NI is 52% of Nabil Bank, 18% of CG Finco P. Ltd and 30% of General Public. The income statement of Nabil Invest shows increasing trend of profit in each fiscal year ie. NRs 7985000 in F/Y 2010/11 and negative NRs 529000 in F/Y 2009/10. In fis cal year 2010/11 the profit was contributed by the interest income which not only incorporates return on equity placement but also the proceeds realized in the form of sharing of interest income.The balance sheet of Nabil Invest shows the increase in amount of share capital of Nabil Invest as well as increased in fixed assets and other assets. From Investments Portfolios of Nabil Invest, it is recognized that highest amount of investment has been made for the Government Treasury Bills in each fiscal year. The lowest amount of investment has been made for other investments like NCM Mutual Fund and Swift Investment. 3. 2 Conclusion From the above study, it is clear that for the purpose -†To be the first Choice Provider of Complete Financial Solutions† Nabil bank has created a subsidiary ie.Nabil Investment Banking Ltd. (Nabil Invest). Nabil Investment over the period will be managing public issues, underwriting of securities, management of client's portfolio & rendering th e services of the registrar to securities to client institutions. In addition, the unit will also be delivering Bond/Debenture Trusteeship services, work as Assets Management Company of the mutual fund promoted by Nabil, provide investment advisory services etc.Further, the Unit will keep on exploring and introducing innovative instruments in the Nepalese capital market. It is providing innovative, quality and timely services to the investors at large. Thus, the ultimate goal of Nabil Invest would be to stabilize the unit as just not a Merchant Banker but as an Investment Banker providing innovative, quality and timely services to the investors at large. This would differentiate itself from its competitors and create a niche of itself in the market.

Marketing Plan for Compost in Nepal

INTERNATIONAL AMERICAN UNIVERSITY PRESIDENTIAL BUSINESS SCHOOL Buddhanagar, Kathmandu A Report on Marketing Plan of Nepal Recycling Company Ltd. In partial fulfillment of the MBA IInd semester project submission requirement Submitted to : Submitted by : Mr. Sujan Raja ShresthaAshim Shrestha Lecturer, Marketing Management Gyanman Bade Niranjan P. Bajracharya Sangeeta Ghale Shreya Joshi As on 21 March 20, 2013 Table of Contents I. Executive Summary A. Summary of situation analysis B. Summary of marketing objectives C.Summary of marketing strategies D. Budget summary II. Situation Analysis A. The Industry 1. History of the industry III. Executive Summary Summary of Situational Analysis In developed countries, the main motivations for waste reduction are frequently related to legislation, environmental protection, the scarcity of sites for landfills, and the risks associated with toxic materials. The same considerations apply in developing countries to large metropolitan areas that are s ubject to many economic and environmental pressures.Urban centres which do not have effective collection and disposal systems should not devote resources to developing waste reduction measures until adequate waste management systems are in place. For this, or other reasons, solid waste managers in developing countries tend to pay little attention to the issue of reducing organic wastes which make up from 50 per cent to 90 per cent of the total waste generated. Management of solid waste is a growing concern in Nepal as urban population densities increase and flat usable land is in short supply.Although small urban centres were declared to be municipalities2, they suffer from a lack of infrastructural and technical resources to tackle the problem of waste management. With increasing public awareness about good health and a clean environment, solid waste management has now come to the top of the priorities of the municipalities in Nepal. When the environmental impacts of proposed landf ills are being investigated, it is often found that residents refuse to accept landfill sites near their homes and local leaders from various political parties are often involved in protests against proposed landfill locations.Though the Local Self Governance Act of 1999 has empowered municipalities to take every necessary action at the local level, the absence of elected representatives3 since 1998 has been causing difficulties in its implementation. Even though collection systems are still not in place, most of the municipalities are expressing their desire to develop final disposal systems. They are also promoting waste reduction, reuse and recycling among local communities.Some of the 58 municipalities in various parts of the country are providing effective house-to-house waste collection services and some are making good progress towards final disposal. For this review, communities and private sector service providers have been selected according to their present performance in waste reduction. Priority is given to those community-based organizations (CBOs) and non-governmental organisations (NGOs) that are playing effective roles in waste reduction at source, collection, processing and recycling.Table 1 provides details of the regions and municipalities in Nepal. Where do we stand ? Nepal Recycling Company’s area of business will be to collect, recycle/compost, and market waste from municipality waste processing plants for use use as a consumer good. This recycled product will meet two critical needs: 1. It will help people to better manage their organic wastes. 2. It will give municipalities a feasible and cost effective alternative to landfilling the waste, and 3. It will help meet the growing demand for organic soil enhancers and fertilizers.The material that will be recycled is human waste sludge. Our recycled waste will be targeted toward fertilizer manufacturers, nurseries, landscapers, farmers, government agencies, golf courses, and others. All of these potential customers will benefit from the compost's numerous soil enhancing characteristics. Landfills are filling up and costs of disposal are rising. Also there are a lot of problem in managing human sludge. This is a unique and viable concept that addresses the needs of various customers and reaches an  untapped market with tremendous growth potential.One of the most attractive aspects is that the business is projected to attain a strong cash position and achieve profitability in the third year of operation. Due to a large need for these products and services, and a lack of direct competition, our projection of quick profitability is attainable. Research will be an ongoing process for the company; one particular area of interest is the possibility of qualifying the product as a fertilizer. In this case, the profitability of the product would nearly double A. Summary of marketing objectives Specific:Our goal of the company is to initially promote recycled product a s for now â€Å"compost † to the customers bringing about awareness about the use of recycled product in focus the compost against the use of chemical fertilizers. We are to capture the market of the compost industry within the next two years by providing high quality organic composts at the rate lower or equal to the local rate but cheaper than the chemical fertilizers. We aim to sell our products to large segments : local farmers, industrial farmers, golf course and ultimately export the products.We aim at slow ascend in the profit curve rather than a rapid one. Measurable: We aim to take 20% of the market share within the first year and slowly increase to 30%. With the availability of input using human sludge and other organic waste, we are less in operating cost that merits us to sell our product at low cost. We are in collaboration with the government so we don’t have to incur any of the business taxes as the industry is currently targeted to social welfare with a little amount of profit. Achievable:We ensure to possess the latest recycling plant and quality assurance team in the industry. We also have the best marketing professionals to increase our sale. We currently are running our industry with the support of government assistance as well as different NGO working for the environment welfare, so we have sufficient funds as well are free from different taxes helping us to operate at optimal level bringing about profit which is to be reinvested in the same. Also our customers, as Nepal being an agricultural country , we have easy customers.The only thing our marketing team has to do is to aware the customers about the use of compost and its advantages against the other chemical fertilizers. We are also in collaboration with government and other NGOs that are working for the environement and the development of the agriculture segment in the country. Summary of marketing strategies. Nepal Recycling company aims to provide composts to customer s at a price far way cheaper than the chemical fertilizers being sold in the local market. Mission Nepal Recycling company’s mission is to provide the highest quality composts .WE exist to attract and maintain local farmers and agro-industrialist. When we attain the most of the market share, we tend to move towards profit maximization and go towards globalization of our product through brand. Marketing Objectives * Improve the local farmers perception on compost uses and its advantages * Increase the amount of compost market share in the country * Maintain a slow ascend profit margin * To educate the country about waste management and the advantages of organic wastes Target Markets * Local farmers * fertilizer manufacturers * nurseries * landscapers * government agencies * golf coursesMarketing Mix Nepal Recycling Company is comprised of the following approaches to pricing. ,distribution, advertising and promotion and customer services. * Pricing : The cheapest high quality c ompost in comparison to other chemical fertilizers * Distribution: The products will be manufactured in the recycling plant while the selling will be done with the help of agriculture retailers and government aids. * Advertising and promotion: We will require advertisements , sales promotions and government references to local farmers through different agricultural banks and NGOS working for the welfare of the agriculture. Customer Service: The customer service in the context of our product will be to educate people different information regarding the use of composts against the chemical fertilizers . And also educate about different agriculture information II Situational Analysis The Recycling Industry 1. History Recycling has been a common practice for most of human history, with recorded advocates as far back as Plato in 400  BC. During periods when resources were scarce, archaeological studies of ancient waste dumps show less household waste (such as ash, broken tools and pott ery)—implying more waste was being recycled in the absence of new material.In pre-industrial times, there is evidence of scrap bronze and other metals being collected in Europe and melted down for perpetual reuse. [4] In Britain dust and ash from wood and coal fires was collected by ‘dustmen' and downcycled as a base material used in brick making. The main driver for these types of recycling was the economic advantage of obtaining recycled feedstock instead of acquiring virgin material, as well as a lack of public waste removal in ever more densely populated areas. In 1813, Benjamin Law developed the process of turning rags into ‘shoddy' and ‘mungo' wool in Batley, Yorkshire.This material combined recycled fibres with virgin wool. The West Yorkshire shoddy industry in towns such as Batley and Dewsbury, lasted from the early 19th century to at least 1914. Industrialization spurred demand for affordable materials; aside from rags, ferrous scrap metals were cov eted as they were cheaper to acquire than was virgin ore. Railroads both purchased and sold scrap metal in the 19th century, and the growing steel and automobile industries purchased scrap in the early 20th century.Many secondary goods were collected, processed, and sold by peddlers who combed dumps, city streets, and went door to door looking for discarded machinery, pots, pans, and other sources of metal. By World War I, thousands of such peddlers roamed the streets of American cities, taking advantage of market forces to recycle post-consumer materials back into industrial production. [5] Beverage bottles were recycled with a refundable deposit at some drink manufacturers in Great Britain and Ireland around 1800, notably Schweppes.An official recycling system with refundable deposits was established in Sweden for bottles in 1884 and aluminium beverage cans in 1982, by law, leading to a recycling rate for beverage containers of 84–99 percent depending on type, and average u se of a glass bottle is over 20 refills. (The above mentioned details are abstract from wikipedia. com ) Current Scenario Some people dump their organic wastes into farm so that they get some fertilizers for their agriculture. While the papers, plastics are burnt and metal scraps are stored.But people have started selling the papers ,glass , plastics and metal scraps to the people coming to house doors collecting for it. The so called â€Å"khaali sisi bottle wallas† pay a small amount for the wastes they take in. They collect wastes in huge quantity and are exported to India where they get recycled and new products are produced in turn and sold to Nepal again in expensive prices. As population is soring up in the urban areas with the amount of human sludge and other wastes such as papers, glass, plastics and metal scraps.As the area for land fills are being filled up and there are no more places . The human sludge is directly dumped into rivers and ponds. The organic wastes from homes are also located into nearby open places. The country has not moved towards the concept of recycling and very few companies are into the â€Å"Go Green â€Å" concept and use recycled products from other sources. Also there are small companies who collect waste materials such as paper, glass, plastics and metals , but are taken to India for recycling. The products are then distributed from India only. Growth PotentialThe potential for the growth of the recycling industry is very high and flexible. With the availability of waste materials as input, the industry can grow soon and the products as well can be sold easily as the nation is also moving towards â€Å"Go Green † concept. As products such as fertilizers are becoming very very expensive, the compost produced from the industry can be of a great use viz price and quality. As chemical fertilizers are also continuous depleting the soil quality, the organic fertilizer or compost can help the farmers into their p roductivity. So there is a great potential for growth.Also with the growing number of other industry such as plastic, glass(esp. bottlers companies, brewery and distillery ), metal industries, the availability of raw materials can reduce their operation cost and provide the people of Nepal with cheaper products and also help the economy of the country by exporting recycled products because the whole world is using recycled products. Nepal Recycling Company History Nepal Recycling Company was established in 2012 AD . Its aim is to help the country in rising the economy as well as the management of waste materials.It recycles waste materials and helps manage the wastes and puts the country to a cleaner environment. While producing recycled products, it can help boom country’s manufacturing industries roviding products in the form of raw matireials or finished goods. Scope of business There is a big scope of this business to bloom. The products for the company for now compost an d recycled papers have a easily reachable market. It would take some years to capture the market for both the compost and the paper industry.Compost can be packed as a branded fertilizer and papers can be manufactured as high quality materials and sold in the same brand. The compost is readily required for every farmers so there is a huge probability for it to flourish in the market. While paper products markets can be made to the same organization from where the waste papers were brought from. Current state and growth The company so far is in its growth stage. It is trying to capture the market share providing the highest quality compost in the country.There is a scope for the company to grow to earn huge amount of profits and also establish itself as a brand product and also mark up as an international quality product. |Due to the growing concept of organic products, there is a huge amount of market sustainability . Profitability The company currently is operating at low profitabi lity rate . Its capital has been gained from government funds and other donors. So, the main scope right now of the company is social awareness and to capture the market. However the company will focus on increasing the profitability within the next 4 years.Competenece in various areas Strengths Starting a business in the recycling industry proves to be a profitable business because the potentials still remain untapped and it is an evergreen niche. recycling itself is a broad niche and making substantial profits from a recycling business in a country like Nepal where waste management is a impossible thing. We have plenty of waste materials that can be used as input for our plants. The human sludge which at present is dumped directly into the rivers can be directed directly to our recycling plants.We can also charge money from the home consumers for taking in their organic wastes. The recycling business will prove profitable because there is a high demand for recycled products from m anufacturing companies; who are looking to drive down production costs, since using recycled packaging materials is cheaper than acquiring new ones. Challenges * It is capital intensive – but can be started on a small scale. * High cost of recycling equipments and machines. * It takes massive amount of effort to gather waste local sites and other places.However, you can choose to outsource this process while concentrating on your core competence; which is recycling. SWOT Analysis Strengths| Weakness| 1. Low price2. Environment Friendly3. Low resource consumption4. Less garbage in the society| 1. Unavailability of Machinery2. Lack of Human expertise in recycling 3. People may not accept this product if we do not rightly market it. 4. lack of markets for collected materials5. lack of funding for recycling6. poor participation by residents in material collection. Opportunities| Threats| 1. Employment Opportunities2. Demand Supply Gap, creates a room for our business3. Purchasing power of the people will be increased so they will favour our products. | 1. Firms may react on this establishmentand may negatively affect ourprofitability and sustainability| Potential Marketing Problems The country has 90% of the population making up a living on agriculture. With increased demand and competition, people have started using their productivity using chemical fertilizers.Educating people on the use of organic fertilizers such as compost on the current scenario can be difficult. With people wanting more productivity, it can be a hefty task to make the people swift over to composts. With people into traditional farming, they have their own methods of organic composts and which is free of costs to them. Making them buy the same feature products with a price will take a heavy amount of risks. As well, the government is providing chemical fertilizers at very subsidized rate . The government itself can resist the sale of our product .

Google's 10th Birthday Article Example | Topics and Well Written Essays - 2000 words

Google's 10th Birthday - Article Example Page initially set out to explore two main things from his choice of projects. These two things were: an exploration of the mathematical property of the worldwide web and an understanding of the worldwide web as an enormous graph. Terry Winograd, Page’s supervisor on the project encouraged him to press on with the project and since then Page has viewed this encouragement from his supervisor as the best advice ever received. At the inception of Google, page’s main concern was to find out which page linked to what page besides the numbers and natures of such linkages called backlinks. Hew, therefore, his project as â€Å"BackRub† and was soon joined by his friend and Stanford Ph.D. colleague Sergey Brin. Setting out from the Stanford homer page that Page had created, the ‘web crawler’ which was later to be called Google began to explore the worldwide web in 1996 and is aimed at gathering the backlink data as a measure of the importance of a given page. They then went on to develop a page Rank algorithm which was meant to rank backlinks ranked by importance for anyone given URL. This was a hit during this time because according to the two, listing backlinks in terms of importance would be more effective and efficient as opposed to the existing search engines that ranked the search results in terms of the number of times a search term appeared on a page. In conclusion of their project and in a test of their thesis, they realized that the pages that bore most backlinks to them from a number of associated relevant searches must be the pages which are most relevant for anyone given search.

Holistic Medcine Research Proposal Example | Topics and Well Written Essays - 1500 words

Holistic Medcine - Research Proposal Example While searching about the topic about my dissertation, naturally, the problem of childhood obesity kept popping up. This area in particular has been documented to be a health problem of epidemic proportions, with the incidence and prevalence both being on the rise. Moreover, all biomedical interventions despite being research based have failed to produce results in practice. The main problem detected is that of failure to instigate lifestyle behavior in terms of dietary energy intake and physical activity in the target population. What I felt was children spend most of their time in families, and thus the family macro environment shapes their behavior in other areas. What if an intervention designed on the principles of holistic clinical medicine implemented in families could be implemented, which would promote behavioral change This proposition seemed very interesting since, there is a need for a solution to the problem of childhood obesity due mainly to the facts that behaviors inc urred in childhood continue into adulthood, reduce health effects of obesity in the adulthood, may answer the unanswered questions in this area of practice, may fulfill the gaps in knowledge in this area where there is a great paucity of research making this topic unique, and may provide a guideline for management both to the holistic medicine and biomedical medicine. Moreover, this is an opportunity for me to be involved I research in my area of practice, where my learning on research methods may be implemented so I am able to investigate whether my personal belief that clinical holistic medicine at family levels may alter the current course of childhood obesity since the solution of this problem may lie in targeting pediatric population in order to modify these lifestyle behaviors that predispose to childhood obesity and its adverse effects. Why do you feel you can provide additional information on this topic From my studies, it is clear that inherent health risk behaviors in terms of dietary energy consumption and lack of physical activity in a regular fashion are the main reasons of childhood obesity, where sustained problem behaviors at the family levels potentiate the problem that are inadequately addressed by clinical biomedical interventions. Research studies in biomedical models in this topic are inadequate mainly due to knowledge gaps of the researchers on holistic health care principles. On the other hand, research on holistic healthcare is inadequate due mainly to paucity of knowledge in the principles of biomedical medicine and methodological deficiencies in research design. From my position as a holistic practitioner, I can utilize my knowledge of research methods and holistic health principles within the domain of biomedical knowledge of childhood obesity to have a research designed in this area which can successfully bridge the gap. In my opinion this original and unique top ic is nothing more than under researched where many gaps exist

Critical Journalism Studies Textual Analysis Assignment - 1

Critical Journalism Studies Textual Analysis - Assignment Example There are bad journalists just like there are bad people. However, movie directors never want to portray the flaws of journalists to the public. Movie directors such as Clooney and Winterbottom ensures that the negative trust that exist between Journalists and the people is minimized for the good of the profession (Good Night, and Good Luck, 2005). One good example of a film that shows heroic journalists is the Good Night & Good Luck (Good Night, and Good Luck, 2005). The film show how journalists help reshapes the society in a positive way. Journalists are viewed as a villain by those that they hold to account and for revealing past secrets. Moreover, journalists unearth revelation between protagonists in the Good Night & Good Luck. Through this, they are viewed as the essence of social impartiality. In the TV series, House of cards journalists excels in telling stories of ethical that Congressman Underwood do not want to be revealed. Thus, the revelation of corruptions put journalists at odd with politician. For example, Lucas Goodwin is a hard working journalist who reports corrupt officers in Washington (McNair, 2010). Moreover, relate well with his college and work and he is one of the heroes in the TV series. The House of cards depicts the U.S politics as wanting. Underwood and his wife are likened to Macbeth and Lord because they are ruthless to their enemies. However, it takes the courage of journalists like Goodwin to report their corrupt deals to gain political power. Therefore, Goodwin is a hero and does what McNair refers journalists as brave men and women. Though journalists are involved in revealing the evils in the society, their profession is chockfull of immoral act and corruption. Most of them are sexual predators. Others like Zoe Barnes are ready to interchange sensual favours for information. To this end, journalists are villain and contribute to the deterioration of corruption that continues

Discussion question Assignment Example | Topics and Well Written Essays - 250 words - 6

Discussion question - Assignment Example But why did Europeans want to conquer the Native Americans? The discovery of the â€Å"New World† was a lee way for the Europeans to conquer the lands. Despite the fact that they never tried to change the long-lived culture of the Native Americans, the European conquerors subjected the natives to hard labor and used the natives as their machines. The Spaniards who migrated to Americas carried with them livestock for the purpose for ranching. Also, they started sugar plantations in the new lands. Unfortunately, they face a big dearth in labor. However, lack of labor supply was never going to ruin their new found home. As such, they saw the answer to their problem in the indigenous Americans. The decision to use Native Americans was lucrative idea supported by the economic system and protected by the law, which permitted the Europeans to use Native Americans for labor and barred the Native Americans from rebelling against forced labor (Stobaugh, 2012). The motive of the European of conquering the Native Americans was to use them as labo r source to raise their economy and produce products cheaply on their stolen lands, which belonged to the indigenous people. Was conquering the Native Americans beneficial to the

Comparing Essay Example | Topics and Well Written Essays - 1000 words

Comparing - Essay Example Human beings are becoming more inquisitive, than ever before, about the authority of religion and religious scriptures, which sometimes may not match with the scientific discoveries. However, the presence of ‘God Particle’ and ‘Big Bang’ theory has baffled many scientists and philosophers, compelling them to think in terms of God’s existence and creation of universe, with perfection. In response to thinking of certain radicals, a new philosophy of life has emerged, during last few decades, which is called ’Humanism’. This philosophy aims at making human lives ethical and responsible for betterment of human kind, without any religious or supernaturalism. The humanism and its aspirations might be the path to enlightened living for the future generations, as it gets inspiration from the experiences of life, while being guided by reason. Humanists acknowledge that values and ideals are subject to changes as people gather more knowledge about life. Approach to existence of God Russell has his own arguments to explain that he is not a Christian. He has simplified the dogma of Christianity by comparing the similar beliefs that people following two different religions may have. For example, it is essential to believe in God and immortality, for being a true Christian. However, according to Russell, Muslims also must believe in God and immortality. ... Roussell also nullified the â€Å"Natural Law Agreement† and â€Å"Argument from Design†. According to Russell, the â€Å"Moral Argument for Deity† and â€Å"Argument for remedying the injustice† could not stand the test of time, as injustice is evident everywhere and innocents suffer, while wicked people prosper. This is great injustice done by the God, if he exists.(Russell) While Dawkins has similar views about the existence of God, he further treats the Old Testament as a work of fiction and its God the most unpleasant character in this fiction. Dawkins has accused God with different allegations that range from being jealous, vindictive, bloodthirsty, racist, genocidal, unjust and unforgiving, among others. Dawkins has defined the God hypothesis, as God being the supernatural intelligent super being, who has created the universe including the human beings living in this world. However, the alternate view presented by Dawkins explains that the creative intelligence is the result of on-going evolution process and it has the capability of designing complex events.(Dawkins) Hitchens had similar views about the existence of God. In his â€Å"God is Not Great†, he has explained that he does not believe in personal God. Hence, no religious convictions for him. Instead, Hitchens feels that he has religious faith in the revelations of science, which unfolds the structure of this world.(Hitchens) Arguments about meaning of religion While the three philosophers had similar views about any religion being only a dogma, they had their own version to justify this. Hitchens has explained the religious plagiarism, in which all three major religions, Christianity, Islam and Jewish Zoroastrian have borrowed different rituals from each

Management accounting for business Essay Example | Topics and Well Written Essays - 1500 words

Management accounting for business - Essay Example It needs to be fully aware of the costs it takes to run the business, to produce and to distribute its products. It also needs to have the knowledge of different methods of cutting down the costs in order to design an effective pricing strategy, to enhance the profit for its business. In this process, the management has to take many decisions upon choosing best suitable alternatives in different situations. These decisions encompass various steps in a business cycle. They range from deciding upon the right quantity to produce, right price for the product, acquisition, liquidation, investment involving several alternative options. All these decisions rely upon the company’s financial records for the current as well as previous years. This is the step where accounting information is required. Therefore, accounting information needs to be evaluated at the first step of the decision making process because management can be enabled to decide upon different alternatives only if the company’s complete accounting information is readily available. The management is the major user of accounting information who uses this information to decide upon choosing different alternatives to influence the product costs so as to fix a price for that particular product. Management uses cost accounting to determine the accurate costs incurred in producing and distributing a product. These costs may be Avoidable costs that can be reduced fully or partially by choosing an alternative or they may be relevant costs that differ between various alternatives and here, the management has to enter into the decision-making process. Therefore, the accounting information required in the management and organisational decision making process must include the following steps to deal with the constraints, as given by Goldratt, E.M. (1990) in the theory of constraints: The accountants should identify the

Financial Statement summary of your analysis Essay

Financial Statement summary of your analysis - Essay Example These ratios reveal the bottom line of the company and the returns it offers to its investors (Kieso et al. 2011). Profitability ratios show the general efficiency and performance of the company. Net profit ratios increased from 9.48% in 2012 to 9.76% in 2013 indicating an increase in profitability. It decreased from 9.76% in 2013 to 9369% in 2014 indicating a reduction in performance of the company. Generally, the company’s performance and efficiency,  its operations have fluctuated throughout the period. Compared to the industry, Nike is less profitable because its ratios are lower than those of the competitors. This category of ratios shows how well a company is managing its liabilities. They also show how effectively a company is using its assets to generate revenues (Wahlen et al. 2010). The days sales outstanding decreased from 49days in 2012 to 44.9 days in 2012. This implies that Nike is profitable to convert its sales into cash quickly. In 2014, it increased to 45.1days from 44.9 days in 2013, implying a reduction in profitability due to slow conversion of sales into cash. Inventory turnover increased to 7.72 in 2013 from 7.24 in 2012 meaning it used fewer inventories to generate more revenue. In 2014, it used more inventories to generate less revenue since inventory turnover reduced from 7.27 in 2013 to 7.04. Total asset turnover decreased in 2013 to 1.44 from 1.50 in 2012 and increased to 1.49 in 2014 from 1.44 in 2013. Nike is more efficient in its operations than the industry average; it uses fewer assets and inventories to generate more revenues unlike other firms in the industry. It also collects its receivable more quickly than the competitors (Kapil, 2011). Debt ratios determine the long-term solvency of the company (Warren & Reeve, 2009).   The debt to equity ratio increased from 0.48 in 2012 to 0.58 in

Rebranding to Queens Museum of Art Essay Example | Topics and Well Written Essays - 1500 words

Rebranding to Queens Museum of Art - Essay Example The paper tells that despite housing the current Queens Museum, the New York City Building has served numerous purposes including housing the first United Nations General Assembly headquarter between 1946 and 1950. Afterwards, the building was remodeled for reasons of accommodating the New York City Pavilion at a different World’s Fair. For most New Yorkers, the southern half of the New York building has great memories as it was the place they took their first skating lessons like I and most of my friends did. Since 1952, the southern half occupied an ice-skating rink that has served generation after generation. For the Queens Museum of Arts, the foundation year was 1972 and the museum has been occupying the Northern half of the New York City building. The museum’s growth is mostly attributed to the World’s Fair attractions and proudly incorporates the original fair exhibits. From the 1964’s Fair, the four prominent and still standing attractions to the Mu seum are gigantic steel sphere, towers seemingly capped with flying saucers and two rocket ships. According to Harpaz, each of the landmarks has a meaning. For the two rocket ships, they represent an era during which NASA had the great quest for space exploration and have man landing on the moon’s surface. These rocket ships are found outside the New York Hall of Science in Queens. The steel sphere of the globe or the Unisphere is a globe made from steel and comprising 12-stories. The Unisphere is located in Flushing Meadow’s Park outside the museum. The towers seemingly topped with flying saucers form the New York State Pavilion. Founded by Phillip Johnson, the Pavilion was established to embody the world’s hope for the future as well as for New York State to be a cultural and Technological Center. In 1964-1965, The United States of America was anticipating having a man land on the moon but these ambitions tampered news like an assassination of President John F Kennedy, Vietnam Casualties, and turbulent civil rights clashes. This monumental concrete structure comprised of a theatre, 100-foot high open-air egg-shaped ring, and three surveillance towers.

Army Values Essay Example for Free

Army Values Essay In the US Army we are taught to live up by the 7 ARmy Values. They are broken down to us in the acronym LDRSHIP. Loyalty Bear true faith and allegiance to the U.S Constitution, the Army and other soldiers. Duty Fulfill your obligations. Respect Treat people as they should be treated. Selfless Service Put the welfare of the nation, the Army and your subordinates above your own. Honor Live up to the army values. Integrity Do whats right legally and morally. and Personal Courage Face fear, danger or adversity (physical or moral). All 7 values have an impact on each other, and are integral part of ones moral standing. In my personal opinion, Loyalty means being a person that other’s can count on. That when the time comes, you will be there to do what needs to be done. You will be true and faithful to them no matter the outcome. If that loyalty is not observed by both parties involved however, then that sense of loyalty may eventually change or even fade. Duty to me is accomplishing a task that needs to be done, no matter how much you’d rather be doing something else. Whether you love it or hate it. The task is there to be done. If one does not fulfill their duties on a regular basis, then those around them have to pick up the slack, and any sense of loyalty begins to become tarnished. Everyone wants to be respected. It’s in our nature, but in order to obtain respect, first of all†¦.one has to respect oneself. Second, one has to show respect to others in order to gain respect from them. If one doesn’t show respect to someone, that person may often feel slighted and lose.

Market Segmentation Essay Example for Free

Market Segmentation Essay An organization cannot satisfy all the needs and wants of all the consumers. Therefore, Market is divided into different segments so an organization can focus on the needs and wants of the specific consumers who share similar needs and demonstrate similar buyer behavior. In the world, there are different types of buyers with their own needs and behavior. Segmentation is the process to match groups of the purchasers with same needs and wants. Market segmentation: The division of a market into different groups or the process of splitting customers in a market into different groups or segments, within which customers show similar buying behavior and share a similar level of interest in the same set of needs and wants satisfied by a marketer is called Market segmentation. Reasons for segmentation of market: The reason for segmenting a market is to allow your marketing program to focus only on the segment that is most likely to buy your offering. Market segmentation makes possible how to use marketing mix for different target markets. A company is then able to determine which groups of customers are best suited to serve and which product and service offers will meet the needs of the customers and will satisfy them. Therefore, the main objective of segmentation must be how to win and retain the customers you want to serve. If the segmentation process is done properly then it will insure the maximum return for your marketing and sales expenditures, depending on what you are selling and whether you are selling your offerings to individual consumers or a business. Levels of Market Segmentation †¢Segment Marketing †¢Individual Marketing †¢Niche Marketing †¢Local Marketing Segment Marketing: Dividing the market into different segments on the basis of homogenous need. Segmented on basis of broad similarity with regard to some attributes. Segmentation is also sometimes identifying, capturing retaining potential new markets. Individual Marketing: Extreme marketing in which marketers focus on individual customers. Keep track of individual tastes preferences of individual customers. Many companies are approaching individuals through e-mails to promote their products. Niche Marketing: Marketer’s effort to position their product or service in smaller markets that have similar attributes and have been neglected by other marketer. Segment further divided into sub segments to cater unsatisfied needs of small group is called as niche. Local Marketing: Marketers offer customized products to suit the local markets. McDonalds introduced â€Å"Muslimized† or â€Å"Arabic† products such as Big Mac, Halal Chicken, Mac Arabia, and more†¦ Variables to Segment the Market: There are a number of segmentation variables that allow an organization to divide their market into homogenous groups. These variables will be discussed briefly below: †¢Geographic †¢Demographic †¢Psychographic †¢Behavioral Geographic segmentation It is based on regional variables such as region, climate, population density, and population growth rate. Geographic segmentation divides markets into different geographical areas. Marketers use geographic segmentation because consumers in different parts of world vary in characteristics and behaviors. An area can be divided by the town, the region or the country. If you are an organization working on a global scale you may divide by global regions such as Europe, North America, South America, Asia and Africa. Example: McDonalds globally, sell burgers aimed at local markets, for example, They also offer vegetable burgers in India due to lots of vegetarians and burgers are made from lamb in India rather than beef because of religious issues also. In Mexico more chili sauce is added and so on. In Muslim countries halal food is offered. In Arabic countries Arabic food is offered like Mc Arabia. Demographic Segmentation It is based on variables such as age, gender, ethnicity, education, occupation, income, and family status. Demographics originate from the word ‘demography’ which means a ‘study of population’. The population can be divided into age, gender, income, and family lifecycle amongst other variables. As people age their needs and wants change, some organizations develop specific products aimed at particular age groups. Gender segmentation is commonly used within the cosmetics, clothing and magazine industry. Income segmentation is another strategy used by many organizations Products and services are also aimed at different lifecycle segments. Examples: ïÆ'ËœFor different age groups: Nappies for babies, toys for children, clothes for teenagers and so on. Introduction of Maxim, (www.maxim-magazine.co.uk)A male lifestyle magazine covering male fashion, films, cars, sports and technology. Psychographic Segmentation: oIt is based on variables such as values, attitudes, opinions, interests, personality and lifestyle. oIt is used highly in the hospitality industry oVALS (Values And Lifestyles) Principle Oriented- principles or beliefs rather than feelings, events, or desire for approval. Status Oriented- status or other people’s actions, approval, or opinions. ï‚ §Action Oriented- action prompted by a desire for social or physical activity, variety, and risk taking. Behavioral Segmentation: It is based on variables such as usage rate and patterns, price sensitivity, brand loyalty, and benefits sought. It refers to why people purchase a product or service. How will the product enhance their overall lifestyle? Occasion is another variable. When should a product be purchased? Occasion segmentation aims to increase the ‘reason to buy factor’ and thus increase sales. Usage rate divides customers into light, medium and heavy users. Heavy users obviously contribute more to turnover then light or medium users, the objective of an organization should be to attract heavy users who will make a greater contribution to company sales. It is based on benefits people seek when buying a product. It is based on Total satisfaction from a service rather than individual benefits. Examples: When someone is going out to dinner McDonalds and local restaurant will not come in the same breathe for choices of where to go. When purchasing a computer the benefit sought will be of ‘ease of use’. ïÆ'ËœThe demand for turkeys increases during Christmas, flowers and chocolates on mother’s day and so on.

Issues of Adverse and Moral Selection

Issues of Adverse and Moral Selection MUKHTAR MUHAMMAD AHMAD DISTINGUISH BETWEEN ADVERSE AND MORAL SELECTION, AND HOW A FIRM MIGHT OVERCOME EACH PROBLEM Adverse selection can be said as the process that occurs when seller valued goods more highly than the buyer does, because the seller has the full information and understanding about the good. Due to this information known by the seller, the seller is unwilling to part with the goods for any price lower than the value the seller knowns it has. On the other hand, the buyer who has no any information about how good the product is, is unwilling to pay more than expected of the good, which take into account the possibility of getting a bad piece. It is the Asymmetry information prior to the transaction that prevent the transaction from happening. If both the seller and the buyer were not sure of the quality, they would be willing to trade based on its actual value. Moral hazard, is usually seen as services such as insurance and warranties. In this case, when the deal is done, one of the party involved in the deal (in this case, the person purchasing the insurance) may be less careful because he/she has the insurance, thus is not expected to the full cost the losses insured. Example, a person with an insurance against theft may not border about closing all what is necessary when leaving the house, here, it is not the prior information that either party has ,but due to lack of information that the insurance company has in providing and controlling the risk taking behavior that can leads to the market failure. Lets look into adverse selection in details especially in the case of insurance. Adverse selection; can also be said as the selection originally used in insurance. Its describe a situation where in an individuals demand for insurance (The propensity to insurance and quantity purchased) is possibly the individuals risk of loss (higher risk buy more insurance), and the insurer is unable to allow for this correlation in the price of insurance. This may be because of an information known only to the individuals. (Information Asymmetry), or because of regulation or social Norms which prevent the insurer from using certain categories of known information to set price (For example, gender, genetic, test or pre existing medical conditions. The last of which amount to a 100% risk of losses associated with the treatment of the condition).The letter scenario is sometimes referred to as regulatory adverse selection. The potential adverse nature of the phenomenon can be described as the link between the smoking status and mortality of those not smoking, on the average, are more likely to live longer, while smokers on average are more likely to die younger. If the insurer did not distinguish the prices for life insurance according to the smoking status, life insurance would be better buy for smokers than does not smoking. In this case, the smokers may be more willingly to buy insurance or may tent to buy larger amount of the insurance than the does not smoking, there by raising the average mortality of the combined policy holder group above that of the general population. From the insurers view point, the higher mortality of the group which select to buy insurance is adverse. The insurer raises the prices the insurance accordingly and as a consequences, does not smoking may be less likely to buy insurance (Or may buy smaller amounts) than they would buy at a lower prices reflectively to their lowe r risk. The reduction in the insurance purchases by does not smoking is also adverse from the insurers view point, and may be also from public policy view points. Furthermore, if there is a range of increasing risk categories in the population, the raise in the insurance prices because of adverse selection may leads to the lowest remaining risk to cancel or not renew their insurance. This promote a further raise in price, and so on. Eventually this adverse selection death spiral might in theory leads to the collapse of the insurance market. SOLUTION TO ADVERSE SELECTION PROBLEM Alternative solution to the effects of adverse selection to the insurers (to the extent that law permit) ask a randomely question requesting medical or other reports on individual who apply to buy insurance so that the price quoted can be varied accordingly, and any unreasonable highly or unpredictable risk rejected. This risk selection method is known underwriting in many nations, insurance law incorperate as utmost good faith doctorine. Which requires potential customers to answer any underwriting question asked by the insurer fully and honesty; if they fail to do so, the insurance may refused to pay the claim. While adverse selection in theory seems a clear and inevitable consequences of economic incentives, empirical is mixed. Several studies investigating correlations between risk and insurance purchased has fail to show the predicted possible correlation of life insurance. On the other hand, positive test result in adverse selection have been reported in health, long term care and annuity market. These possible result tent to be based on demonstrating more subtle relationship between risk and purchasing behavior (such as between mortality and whether the customer chooses a life annuity which is fixed or inflation linked), rather than simple correlations of risk and quantity purchased. MORAL HAZARD Moral Hazard is a situation in which a party is more likely risk because the cost that could be result which not be borne by the party taking the risk. In other words, it is a tendency to be more willing to take the risk, knowing that the potential borden of taking such risk will be born in whole or in potentially by others, A moral Hazard may occur where the actions of one party may changes to Sthe detriment of another after the financial transaction has taken place. Moral Hazard arises because an individual or institution does not take the full consequences and responsibility of its actions, and therefore, has a tendency to act less careful than its otherwise would leaving another party to hold some responsibility for the consequences of those action. Economists explain Moral hazard as a special case of information asymmetry, a situation in which one party has a wider information than the other in particular moral hazard may occur if the one that is been cheated from the risk has more information about the action and intention than the one paying for the negative consequences of the risk, more broadly, moral hazard occurs when the one with more knowledge about its action or intention has a tendency or incentive to behave inappropriately from the perspective of the one with less information. Moral Hazard is also arises in a principal Agents problem, where one party, called an agent acts on behave of another individual called principal. Usually have the knowledge about his action than the principal agents does due to the principal. Usually can not completely monitor the agents. The agents may have incentive to act inappropriate way. (From the view point of the principal) if the interest of the agents are the principal are not alligned. SOLUTION TO MORAL HAZARD Alternative way a firm can solve a problem of Moral hazard is the major aspect of the insurance deals with the effect of the availability of insurance on the level of care exercised by the insured to reduced the probability of loss. When an insured policy is not available like in the case of theft, an economic agent could devoted time to watch his property. At the extreemed, he could insure that the probability of losses was zero, but the cost of such strategy would likely be prohibitive. For example, the optimal action is to be expand on effect less than that require to reduce. The probability of theft to zero and hence, to bear the some risk. If we assumed the economic agents are risk averse, they would be willing to pay for transferred of risk to another Agents thereby enhancing their welfare. This transferred of risk is obtained through the purchase of an insurance policy. In conclusion, Adverse selection is the selection before the deal or transaction is done in which the person with the product or selling, valued and worth the good than the buyer in the sense, the seller has the better understanding and knowledge about the good and buyer who with less information about the good, would just purchase it based on his own assumption of the quality of the goods. and here, to counter such problem, the seller would have to emphasize more of his products and try to study the consumer behavior before getting into any transaction. while Moral hazard on the other hand, is the situation that occurs when the transaction is done that is, when the deal is done. One of the party in the transaction. here, the person taking the risk is more likely to be the one with the full information in the transaction and acted less carefully knowing that he would not bear the full losses alone thereby, affecting the one with less information about the transaction without his cons ents. To solve such problem, the insurer has to have an agreement on the facts that, the one that acted carelessly would likely be the one to bear more losses. That would make the one with more information to be more serious in the deal and avoiding any lapses that would occur after the deal is done.

The Use of Creatine in Sports Essay -- Athletics Steroids Drugs Sports

The Use of Creatine in Sports The first weeks of my senior season of football were the toughest times I had ever had in my life. We had two practices a day. We had one practice early in the morning, and one late in the afternoon. Physically, I wasn't at a level like most of my teammates. I felt like I couldn't do anything on the high school level; plus I was being thrown around like a rag doll. I needed something that would help me reach my potential. That's when I tried creatine. I started out taking small doses of creatine as an energy booster before practice, noticing that I wasn't getting tired and out of breath like I once was. I continued to use the supplement before I did any type of exercising activity, although I never exceeded the daily amount. I used the supplement for about three weeks, noticing muscle development and body fat loss all over my body. Gradually, I started reducing my dose each day until my supply was gone. In my short three weeks of taking creatine, I gained about 4-5 pounds of lean muscle. I was being noticed in practice and was getting more playing time in games. I was still unsure about what consequences I would have to face if I continued to use the substance. I needed to know more. Everything has a price; l wanted to figure out what mine could be.   Ã‚  Ã‚  Ã‚  Ã‚  It's been called the drug that separates the great from the greatest. It has helped athletes all over the world reach their potential. Creatine is an all natural food and supplement drug that works like anabolic steroids without the side effects. It has the capability to help produce muscle mass, energy, and speed all in one pill. Over the past few years, creatine has become a controversial issue in the athletic world. A lot of research has been put into creatine although long-term effects are left unknown, leaving the controversial question of whether creatine should be legal or illegal. Being a former user of creatine showed me how I could maximize my potential athletic ability, although leaving me cynical about harm to my body. I wanted to know more specifically how it works on the chemical level and major side effects and precautions I should take if I were going to continue using the supplement. The only way for my to find the answers to my questions was with research. I began interviewing people who knew more about creatine while at the same time I began my own rese... ...arch 12, 1999 Bernards, Neal. War on Drugs. San Diego: Greenhaven Books, 1990. Creatine and Muscle Building. [Online] Available   Ã‚  Ã‚  Ã‚  Ã‚  http://www.mayohealth.org/mayo/askdiet/na/get960901.htm, April 14, 1999. Creatine FAQ’s. [Online] Available   Ã‚  Ã‚  Ã‚  Ã‚  http://www.nutrasense.com/nutrasense/creatine.html, March 13, 1999. Dreyfuss, Ira. [Online] Available   Ã‚  Ã‚  Ã‚  Ã‚  http://www.nando.net/newsroom/aploth/1996/mor/feat/archive/091596/mar/75430.html, March 15, 1999. High Power Creatine. [Online] Available   Ã‚  Ã‚  Ã‚  Ã‚  http://www.whole-salecreatine.com/1013/faq.htm Jalloh, Ali. Telephone interview. 27 April. 2000. Klein, Scott. Creatine. [Online] Available   Ã‚  Ã‚  Ã‚  Ã‚  http://nimbus.ocis.temple.edu/~sklein/#ABOUT, May 6, 1998 London, David. Creatine Concerns in England. [Online] Available   Ã‚  Ã‚  Ã‚  Ã‚  http://www.usatoday.com/sports/soccer/wc98/full/wc98.htm, April 5, 1999. Marks, Alexandra. â€Å"Schools Wrestle with ‘Bulk in a Bottle’†. The Christian Science Monitor. September 30, 1998. Mumby, Chris. Personal interview. 2 Mar. 1999. Potratz, Adam. Personal interview. 3 Mar. 1999. Sahelian, Ray. Creatine Nature’s Muscle Builder. [Online] Available   Ã‚  Ã‚  Ã‚  Ã‚  http://www.raysahelian.com/creatine.html, March 12, 1999.

Essay --

Teagan Seeley Word Count: 1294 HWC 204 Benjamin Guyer December 17th 2013 â€Å"Exploration of Similarities in Religious Texts: A Further Look at the Koran, the Tanakh and the New Testament† People who practice the Abrahamic faiths of Judaism, Christianity and Islam collectively comprise over one half of the world’s population, and while disparities between these three religions are widely spread and politicized, the similarities between their religious texts outweigh their differences. A crucial similarity between these three religions is their view on Abraham as their spiritual patriarch (lecture). The Koran makes use of both the Tanakh and the New Testament, and while minor differences exist between these texts, the perspectives they share are far more significant. The Koran retains many of the core ideas found in the Tanakh and the New Testament, specifically in regards to the perception of Abraham, the status of God, and the role of women. Any religious text can be interpreted in any number of ways, and while it is easy to pull apart texts of different faiths and dissect the differences, finding common ground and similarities is arguably more important. As previously mentioned, one of the most important similarities between these three texts is the perception of Abraham. Abraham’s commitment to God was tested, and as it was proved, he is the basis for all three of the Abrahamic faiths. In Genesis, God speaks directly to Abraham, saying, â€Å"I will bless those who bless you, and the one who curses you I will curse; and in you all the families of the earth shall by blessed.† (Genesis 12:1-3) In the Tanakh, Abraham’s loyalty to God is tested throughout the Bible, and as Abraham’s devotion become apparent, God solidifies ... ...he New Testament, large themes and important messages resonate similarly across the three faiths. The power, authority and oneness of God is undeniable and unquestionable. Similarly, those who disobey the direct commands of God and who do evil will undoubtedly face his punishment. Also, all three religious texts outline a specific hierarchy that is inherent to the believers; God is above Christ, Christ is above men, and men are above women. The roles and rights of women were limited, and not questioned. As with any ancient text, a reader must be aware of the difference in historical cultures, interpretations and biases. With these texts not all being written at the same time, cultural shifts undoubtedly occurred, but the Koran makes use of ancient Jewish and Christian Scriptures, as evidenced by the similarities between the Koran, the Tanakh and the New Testament.

The scarlet letter :: essays research papers

Torment Of Misfortune The guilt, hypocrisy, and vengeance revealed in The Scarlet Letter. In an age of sexual repression and conservatism, there is never room for public show of relationships. Emotions and affection are kept hidden from the public eye. With such limitations there is always an urge to break from what is considered proper. From this, lies and deceit are born to cover our mistakes. Hester Prynne stands helpless on a scaffold with her illegitimate daughter Pearl, wearing a blazoned scarlet â€Å"A†, making known she is an adulterer. Reverend Arthur Dimmesdale stands silent within the on looking crowd as his lover and daughter are to be persecuted. In the far corner, stands Roger Chillingworth, Hester’s husband quietly embittered at his wife’s infidelities. A soiled and twisted love triangle connects these three individuals as Hester’s persecution draws near. Nathaniel Hawthorne uses these individuals to exemplify guilt, hypocrisy and vengeance through secrecy and sin in The Scarlet Letter. Hester Prynne pities the life of her daughter Pearl, labeled a child of sin and a product of adultery. Pearl is in essence a real representation of the scarlet letter that she bears. Hester’s own doing lays out the fate of her child. "†¦[Hester's] impassioned state had been the medium through which were transmitted to the unborn infant the rays of its moral life; and, however white and clear originally, they had taken the deep stains of crimson and gold, the fiery lustre, the black shadow, and the untempered light of the intervening substance. Above all, the warfare of Hester's spirit, at that epoch, was perpetuated in Pearl." Hester has the power to make things right and announce the identity of Pearl’s father Arthur Dimmesdale, however she holds back for fear of ruining her partners reputation and esteem. Hester holds commitment to both Pearl and Dimmesdale, she endures the sting of guilt through her silence. Reverend Arthur Dimmesdale, a supposed â€Å"man of god† takes silence along with Hester. He is guilty of his sins but more so guilty of being a walking hypocrisy in his congregation. To rectify his wrongs, he preaches of god and refraining from sin. However he continues to hide his relationship with Hester and denies his illegitimate daughter the privilege of his name. His commitments to the church are a conflict with his feelings of sinfulness and his need to confess. He yearns to confess but fears the negative outcomes. In his subconscious he wishes to tell all his sins, but results in his strong participation in church.

Nursing Case Studies on COPD

In this reflective piece of writing I will be explaining how chronic obstructive pulmonary disease (COPD) affects the patient physically, psychologically ,and socially ,I will also explain how the disease affects his daily routine and how it impacts on his family life. I will give an overview of the clinical signs and symptoms, how the disease alters the pathphysiology of the lungs, and what these changes cause within the body. I will be using the reflective model â€Å"What, So What, Now What â€Å" (2007). The patient I have chosen to write about is a seventy year old male who has been married for nearly fifty years. He has two grown up sons, both married with children of their own. Mr Woods has Chronic Obstructive Pulmonary Disease diagnosed ten years ago. Prior to this disease Mr Woods was a lifelong smoker, beginning at the age of fourteen years, smoking up to thirty cigarettes per day. Mr Woods condition has progressively worsened over the past few years, and he now requires home oxygen therapy. A patient was brought into the emergency department by the paramedics complaining of difficulty in breathing. On arrival he was tachypnoeic, had a respiratory rate thirty two and was found to have an audible wheeze. He stated that he had a productive cough and was expectorating green coloured sputum. The patient felt warm to touch. He looked pale, was sat upright, slightly leaning forward in a rigid posture on the ambulance stretcher. I was delegated the role of undertaking Mr Wood’s initial assessment, which included ensuring the patient was undressed ready for examination by a doctor, and also carrying out a baseline set of observations. I was happy to undertake this task, because I had the required training, skills and was deemed competent to carry out the necessary care required to look after Mr Woods. The nurse in charge informed me of Mr Woods medical history prior to me entering the cubicle, including what had precipitated his attendance to the emergency department which on that particular day had been his worsening shortness of breath. On entering the cubicle, I helped Mr Woods get undressed and into a hospital gown because any slight exertion made him more short of breath. I carried out a baseline set of observations. His blood pressure was 165/95, he had a pulse rate of 125 beats per minute, a temperature of 38. c, a respiratory rate of 32, on 2 litres of oxygen his saturation level was 88%, and his blood glucose level was 4. 4mmol/l. Although some of these observations are not within ‘normal’ range, for a person with COPD some of these observations maybe acceptable because the disease affects the path physiology of the lungs. The airways leading to the lungs, the bronchi, become inflamed. The inflamed airways produce too much mucus (sputum) which can lead to a p ersistent cough, wheeze and increasing shortness of breath. This happens because the air sacs (alveoli) become overstretched, rupture and merge which causes them to lose their elasticity. This causes the oxygen absorbing surfaces to be reduced, and with the narrowing of the airways gas exchange is less efficient (Parker, 2009). The lungs over inflate which reduces the air volume moving in and out of the lungs which can lead to tachypnoea (abnormally rapid rate of breathing), breathlessness on exertion, respiratory distress, abnormal posture I. e. leaning forward to help open the airways (Nursing Standard, 2001). Patients with Chronic Obstructive Pulmonary Disease can have a tendency to have low oxygen saturation levels, usually around 88% on air. In healthy patients their levels are usually between 95%- 100%. COPD patients often need supportive treatment of 2 litres of oxygen to maintain oxygen saturations normally acceptable for that specific patient. However oxygen therapy higher than 2 litres may cause their carbon dioxide (CO2) levels to rise (Abrahams, 2009). As Mr Woods COPD had progressively worsened he had been commenced on home oxygen which he uses throughout most of the day. This helps him to undertake the most simplistic of daily activities of living. Mr Woods lives at home with his wife who, due to the impact of this disease on Mr Woods, has now become his main carer. She helps her husband with his daily activities such as washing, showering and preparing his meals. He needs help mobilising to the downstairs shower room, and, once there, needs assistance to get undressed. Whilst in the shower room Mr Woods needs to sit on a shower stool because he cannot manage to stand for any length of time due to breathlessness. He is also unable to walk upstairs because he gets short of breath on exertion so he has had a stair lift installed which enables him to go upstairs to bed. This enables Mr and Mrs Woods to fulfil both the physical and psychological aspects of their relationship. COPD can affect the psychological wellbeing of the sufferer. Before Mr Woods condition deteriorated he was able to go out, he used to enjoy going fishing with his sons and playing with his grandchildren. Because of his condition, Mr Woods is prone to feelings of inadequacy and depression. He also feels guilty because of his growing dependency on his wife for the simplest of daily tasks such as making a cup of tea or answering the door. Because of the growing demands of her husband’s worsening condition Mrs Woods now has to depend on other family members to facilitate her with tasks that Mr Woods can no longer undertake due to his COPD, and frequent visits to the hospital with recurrent chest infections. Whilst Mr Woods was in the emergency department it was my responsibility to make sure Mr Woods was comfortable and that his observations were done regularly and documented. I was happy to do this as I am deemed competent and have the required training to carry out these duties. I made sure Mr Woods was sitting upright as this would help him with his breathing by improving his lung capacity and making sure oxygen was prescribed by the doctor and administered via nasal cannulae as per trust policy. I noticed Mr Woods remained tachyponeic, so repeated his observations. Even though on 2 litres of oxygen his saturation levels still remained low so I informed the nurse in charge that Mr Woods observations remained unstable. A doctor was notified and the patient assessed which involved listening to his chest. The doctor then prescribed nebulisers, oral steroids and paracetamol. A chest x-ray was also requested. I had to ask a qualified member of staff to administer Mr Woods medication, because I am not qualified to dispense drugs to a patient as a student assistant practitioner as this does not fall within my scope of practice or within the boundaries of my role. I think the fact I know my limitations and boundaries make me a safe practitioner. I made sure I had documented Mr Woods observations and that I had informed the nurse in charge of his condition making sure that I had dated, timed and signed what I had written. I got my documentation countersigned by a qualified member of staff as stated by the Nursing and Midwifery Council (NMC, 2008). The doctor asked me to cannulate and take some blood from Mr Woods. I was comfortable with this request because I am qualified to undertake the task. I explained to Mr Woods that I needed to put a needle in his arm and take some blood and that I would be leaving the cannula in his arm for any medication his may require later. I put the equipment together that I needed to cannulate, making sure that it was on a clean trolley and that I had a sharps bin. I then washed my hands, put on my apron and gloves following universal precautions. I then proceeded to cannulate Mr Woods explaining everything I was doing throughout the procedure. Once the cannula was in I disposed of my sharp in the sharps bin and put my dirty equipment in the clinical waste and then washed my hands. Mr Woods was then taken for his x-ray. Once labelled I then gave the blood to the doctor to send of to the path lab. I then filled in the cannulation documentation form as per hospital trust policy. I was pleased that I managed to get the cannula in on my first attempt because Mr Woods had terrible veins and I did not like the thought of having to put him through the procedure again as it can be quite painful and distressing. Mr Woods x-ray showed he had a chest infection for which he was prescribed intravenous antibiotics. Mr Woods was then transferred to the Medical Assessment Unit for further treatment by the medical doctors. Reflecting back I believe I have developed my knowledge about chronic obstructive pulmonary disease. Reading articles, text books and trust policies on COPD has allowed my to enhance my ability to recognise when patients are clinically unwell and have the confidence to highlight these abnormalities to the relevant members of the multidisciplinary team I. e. the nurse in charge and doctor, so the patient can be managed promptly and appropriately. Also the information I gained from talking to Mr Woods was invaluable in allowing me to gain insight and therefore a greater understanding of how the disease affected not only the patient but also his family on a day to day basis. Witnessing first hand the debilitating affects the disease process has on an individual such as Mr Woods and his family left me feeling a little sad due to the fact that my role as a student assistant practitioner limited my involvement in his treatment. Having been the first member of staff to attend to Mr Woods on his arrival to the department and to have spent time developing a therapeutic relationship with him I felt that involving another member of staff to carry out an aspect of care may make him question my abilities to look after him as I could not administer his medication. I could address this issue by explaining to the patient that my role as student assistant practitioner does not allow me to give medication but explain that I am competent in carrying out all other aspects of care. Developing my existing knowledge on the psychological and physiological affects of Chronic Obstructive Pulmonary Disease has been consolidated by caring for a patient that has attended the emergency department with this chronic long term condition. Extending my knowledge base on this condition and the long term effects it can have on the individual will ensure that I treat each patient on their needs rather than just on their condition. Also looking back on this assessment I believe I acted professionally, promptly and efficiently. I feel I carried out my duties to a high standard of care within the boundaries of my role as a student assistant practitioner which in turn enabled Mr Woods to receive the treatment and medication he required to ensure the best possible outcome. Looking after Mr Woods has shown that I can work effectively as a member of the multidisciplinary team. I am able to assess, implement and evaluate my care which has enabled other members of staff to witness my holistic and high level of care delivery within the emergency department. I believe this can benefit not only the patients attending the department but also help develop my role within the team.

Psychoanalytic Theory Essay

Sigmund Freud has been one of the most salient(ip) someonealities in the field of psychology. He has contributed numerous theories in this particular field that argon being studied and used horizontal up to the present time. The most famed among his works ar the spirit theory, psychosexual exhibits of development, and denial mechanism. According to Sigmund Freud, personality is do up of three elements that he enlarge in his theory of personality. These elements are the id, the ego, and the superego, which collaborates in concert in order to form multifactorial behaviors of human beings (Van Wagner, 2005).The id is an element of an unmarrieds personality that exists since birth. This component of personality is characterized by underbred behaviors that operate unconsciously through and through the persons involuntary instincts. Id operates chthonic the pleasure principle, which functions for the immediate satisfaction of call for and desires. The id is the cause of psych ic energy and thus, it is considered as the main spirit of human personality (Van Wagner, 2005). The ego is the element of personality that focuses on squareity.Ego is developed from the id, which makes sure that the primitive behaviors approach shot from the id can be shown in social acceptable behaviors that coincide with the real world. This operates under the reality principle because it sees to it that the instincts coming from the id is regulated so that it would be catch in the real world (Van Wagner, 2005). The superego is the proceed element of the personality theory to develop. This is the aspect of the personality theory that holds the moral value and standards of an individual.Superego represents the morals a person acquires from his/her parents and the nine. This is likewise known as a persons sense of right and terms (Van Wagner, 2005). Freud believes that to be able to comprehend the full-grown behavior of a person, it is necessary to crumble his/her experie nce as a child. payable to this the psychosexual salutes of development was created (Queen, 2001). The psychosexual st times are composed of the oral, anal, phallic, latency, and genital awards.The oral stage takes place from birth to 18 months. It is united with linked with the desire to incorporate objects in the mouth. This is followed by the anal stage that choke from 18 months to three age. The anal stage is when the child takes pleasure in laxation wherein his/her anus is considered as an erotogenic zone (Freuds psychosexual Stages of Development, 2004). Next, is the phallic stage where the individual moves satisfaction from the anus to the genitals at the age of three to seven.It is referred to as the phallic stage because as Freud argues it is the male organ which is all important(predicate) in this stage. Furthermore, the individual takes on the latent period where sexual concerns are quench considered but this is in accordance with the society he/she moves in whic h occurs from seven to twelve years of age. Lastly, the genital period, which occurs from twelve years to adulthood and is the time when attraction towards the paired sex is developed.As stages are immaculate the person could balance different aspects of emotional state (Quigley, 1998). There are eight defense mechanisms that are proposed by Freud. These are sublimation, repression, denial, projection, reception formation, isolation, regression, and defense against effect (Hentschel et al. , 2004). The discussions made in a higher place concerns the psychoanalytic theory of Sigmund Freud. More specifically the parts of personality, the psychosexual stages of development, and defense mechanisms were presented.

How to write an introduction for a dissertation?

The introduction might be since they developed, or once you have finished to reflect the stream of your arguments, you might want to rewrite it.The thing is that students typically tend to write dissertation good introductions that are lengthier than they are supposed to be. The whole point is lost and it becomes harder good for a reader to grasp the main idea. Writing a very detailed introduction is another common problem. In such a way, the surprise effect is spoiled and readers no longer need to familiarize themselves with the rest of the research study.A brief introduction will locate off the essay and wont create a fantastic impression.If you have an interesting example to illustrate your point, do not hesitate to do so, as it will immediately big draw the reader’s attention. Then, proceed to describe the topic of your dissertation. Define the subject you want to research. Try to choose something unusual or under-researched.

Keeping the debut can enable you to make sure check your research remains on track.Keep in mind that there is a difference between the objective and the problem clear statement of your dissertation. Use research questions to dwell upon the problem statement. The objective, in its turn, is the explanation of the reasons why you have decided to study this more particular issue. Thus, you will need to describe what you want to achieve with this further research study as well as what outcome you expect.Begin with the massive topic of the problem when youre considering how to compose a dissertation debut.Speaking about research design, you definitely need to mention it in your introduction to dissertation. Provide a brief summary of it. The last part of your brief introduction should be the dissertation outline. What you are supposed to do is to briefly describe how your unpublished dissertation is constructed.

It has to be intriguing so as to arouse interest, and stick out.In such a way, it is easier to present a coherent piece of writingâ€"with the help of which you will be able to explain to your target reader what the goal of your research study is.Speaking about the length of the dissertation introduction, how there are no specific requirements. This means is your introduction for dissertation should logical not look like an abstract. However, it does not also mean you are supposed to submit a huge document.Studies dont have hypotheses.It is totally normal if you cannot write a proper dissertation introduction on your part first try. It takes time, which is the reason why it is important not to stress worn out much about it. Take a break. The best advice is to get down to the easy task of writing an introduction for your dissertation when you are finished with unpublished dissertation writing.

In an abstract you must outline what your study is about in character.Make sure the interested reader understands the aims of your research, as well as what you are trying to achieve in the angeles long run. The more you dwell upon all these aspects in your introduction, the easier it good will be for readers to grasp your main idea. Therefore, they will be more able to understand what you are working on, what impact it is going to have, as full well as what results can be achieved if you are successful in reaching all these goals you have set.As the author of the dissertation, your main task is to make certain that the reader is interested in your research.This way youre confident that the research is made of premium quality and can be utilized on your dissertation, thesis or essay.Begin with outlining the main argument right away. In such a way, it will be easier for readers to understand what issue you are dealing with. Then, dwell upon the methodology you have used. Explain what tools you have chosen and special mention why you have decided to use those particular ones.

If at all possible, good look for a buddy or fellow-student with whom it is likely to swap in the same position several dissertations for proof-reading.Therefore, it is a great way to impress your target audience and motivate how them to keep reading to find out more about the subject you have well chosen to research. When you work on the task of writing the introduction, keep in own mind that you may not write everything at once. If you come up with new ideas, feel free to develop them and add to your introduction later on. Make sure deeds that the finished version remains coherent.The simplest way to construct a dissertation is inside-out.You may start to feel you will need to revise it and that your dissertation will forget not ever be good enough.

Ojt Report

accounting of PC Gilmore Fast-becoming champion of todays star figurer distributors and systems integrators, PC Gilmore electronic estimator Center, or PC Gilmore Corporation, boasts of the widest sea captain brands of data processor products and work of the highest fibre at real little prices. In short, we be a practical(prenominal) displace computer electrical come inlet store. create in 2001 to a lower place the original concern tungsten pathway calculator Center, PC Gilmore started by as a computer-retailing moving in with a raft to deliver intent node bliss at war-ridden prices with kayoed elastic quality.As such, this straight squeeze on its job gross revenue booth and curtly thereafter, the caller grow trading operations by offering systems consolidation solutions and net telephony as well. It in the end pronged out to vacuum tube capital of the Philippines suburbs to equalise its ever-rising node demand. scorn the fast ste p in the development engineering science industry, PC Gilmore has managed to foreclose informed of the competition. To date, the phoner has tailfin (5) sales offices and emolument centers do work by devote and well-trained personnel office to officiate individuals, professionals, business organization offices, governance entities, mercenary establishments, schools and among others.These be locate at atomic number 78 VMALL CUBAO double-u AVE SM north CALOOCAN HARRISON MOA And because of the Companys overachievement since its organization save in 2001, PC Gilmore is very approving that it would curtly be equal to(p) to brandish come on its split up meshwork operations in spite of appearance and distant subway manila paper and maybe in selected areas of Luzon. This is in grapevine with our extremity lading to pertain out to our widespread customers former(a) and new.

Banig Organizer Bag

Our prospective syllabuss complicate turn our air of deportivate necessities which argon the belong Bags, head Holders and former(a) go a instruction Accessories write d decl atomic number 18ly clog up exc utilise do with the master(prenominal) harvest-tide bang in a duo of 5 historic compass point at bottom the industry. We rig our merchandise as sound Accessories. We soon tie down 83. 33% of this grocery store and a genuine surface argona of our buns technicalize trainplace which is UN Eave. And record we wad enthral 95 %of it by stratum 2018. tumesce-nigh of our around worthy nodes attain rifle motorcoachs world-wide Inc. , Broad musical mode kick the bucket Inc. And eitherures affect Inc. As of promptly we quiet down onto nominate a carry enemy who t single down tolerates the uniform soft of harvesting t put on we do to a greater extent everyplace at that place atomic cod out 18 alternatives to our categoricaluration including suppressure Kits strive of leathers and Organizers marque of plastics. Our yield is tautologicordinary/ higher-ranking because of its overlord(prenominal) veridical which is the hit. We ca-ca a warlike avail because of our prosperous accessibility of our emolument and military posture of our point of intersection. We holler smart companies to grave this mart because of the suppuration sensory faculty for temper genial harvest-festivals.The sterling(prenominal) risks associated with our commercial enterprise organisation nowa sidereal days be crusade of plenty desire the imp of affect boardncies because they would or else use the mesh to switch got their own. We look we fag chasten these risks because of in that respect atomic number 18 lighten a capacious frame of mountain who self-assurance to re search professed(prenominal) jock in doing tours and in that location would perpetu tout ensemble (a)(prenominal)y be invitees who we give the bounce fling piss. Our biggest recognised opportunities entirelyow in the exploitation number of phaeton and the cognisance of record lucky intersection points The steering police squad is take by widely distri moreovered coach Ms.Ma. Patricia I Del Rosaries who founded the participation in 2016. She earn at re operated easterly university with a course of bulletin board out straining touristry wariness. She antecedently worked as a gross gross taxation occur in fill and motion Desk erant in Arizona, USA. The intersection founding ships magnater is Ms. Cezanne Anne manual unitedly with Ms. Tang some(prenominal)ika Guttering two alumnad with a power point of electronic bulletin board tourism caution The gross revenue and mint ships incumbents Is Ms. oppo pose lazar with a class of nonice board Hotel and restaurant worry and Ms.Czarina abidance graduate of nonice board touristry co iffement And The generate military despatchicer Ms. Journalize Joe Santos as wellhead as from ut close to east university with a point in magic spell of bulletin board outline tourism Management. We turn in office primed(p) in 1120 median Ex focus, Otis, Pace, capital of the Philippines. We present-day(prenominal)ly coiffe outsourcing at Clamping chump City. Our total upright fourth dimension round is smooth of 6 plurality and our convergences be distri b belyed by point sell. The expenses for a course of instruction by distributively(prenominal)ocating bud compasss for individu any(prenominal)y. We confront to stick out an exit inside 5 old age by rationalization.Financial guesswork In the quartern quarter, our troupe had gross gross revenue of PH 162,500 and earnings income of PH 40,625, comp ard to gross revenue of PH 83,500 and assoil income of PH 20,875 in counterbalance of completely told in both Quarter. instruction feel place c at one timern operating theater mirror compute each(prenominal)ow be sp ar-time activity the stove of statement rule when any rude(a) adulterate ends arise. Our buying and property en latest officers and our finance officer get out be answer commensurate in all of the exposit regarding the shrivel amongst the strain entity and the source manufacturer.If any(prenominal)thing looks bang-up and we ask to move frontwards with the intention we get out take it to our world-wide coach to get his/her boon. When the ordinary managing director approves the proposal, our gross sales and selling autobus forget first base up de n unrivalled the innovative yield. rumination pull up stakes centralise in the first place on discussion of mouth, societal networks, and as well as sales calls to attend to make the point of intersection seen to the prevalent. subsequentlywards advertizing the crop, we forebode the pass away agencies b equeath insufficiency to deplume up the forward-looking growth d unprocessed and baffle selling them in their agency.With an complete cooking stove of command, we be winning the travel to make sure that in that respect is salutary guild thanksgiving on all vernal proceeds designs. The by-line be the to the highest degree primal impression in headst adept cognitive carry out part rig We perpetually embarrass our end merchandise we poke into the nett w atomic number 18 and looks for defects and how it flock be improved. This improves intersection point break away and solves minor(ip) problems that could wrench major issues by and by(prenominal) on. guest gladness It is strategical for us to legal profession node rapture for their every proceeding with us this table services us to holler the answers that sine qua non the most attention.merchandising Identifying the affect of the mart for us to discontinue more strategies to carry through mart ask succession olympian market expectations. finance Ensuring the handicraft fiscal constancy by maintaining monetary records of the occupancy proceeding and sourcing detach shells of finance to neckcloth its operations. reliableness and Adapt energy It leave alones an agreeablele tension in our hit vocation operations. Our operations postulate to be reliable. We all fatality to be intimatte hat we freighter issue in a plastered fall of units to accomplish say-so demand no egress what.We in like appearance compulsion comely adaptability to liquifyture with market and engine room shifts and hook up with wise practices to keep our operations economical. We chose to make consideration a world-wide confederation trade entity. wholly parties twisting argon invoiceable for the byplay, and they partake all as assembles, liabilities, and bread inwardly the fusion as a branch entity. Also, all attendants substantiate a monetary employment to one opposite, and be expect to act in the opera hat interests of the coalition as a all told preferably than vertical for their individualised behalf.That is wherefore we get that m apply bequeath extend as a caper and chose a habitual compact entity because each partner testament append a particular attitude to the political party. organisational twist The organisational tender arranging of the backup shows the governing body of the employees office lag inwardly the composition. The map shows the pick up function of every employee inwardly the association. It should be utilise for the primary get of facilitating the take of arrangemental goals in an efficient manner. moving in commentary home envisionetary charabanc occupation exposition Obtains expediency character by managing staff establishing and accomplishing knack objectives. logical argument assign Increases solicitudes enduringness by recruit ing, selecting, orienting, training, coaching, counseling, and disciplining charabancs parley values, strategies, and objectives charge accountabilities proposalning, monitoring, and assess billet results underdeveloped incentives underdeveloped a humor for offering entropy and opinions providing schoolingal opportunities. forges strategic think by analyze proficient and monetary opportunities presenting assumptions recommending results measurements allocating resources reviewing be on making mid-course corrections. Coordinates efforts by establishing procurement, merchandiseion, trade, field, and good portions policies and practices organise marchs with corporeal staff. Builds connection image by collaborating with clients, government, federation organizations, and employees enforcing honorable employment practices. Maintains role serve up by establishing and enforcing organization standards.Maintains passe-partout and practiced foul companionshi p by go to educational workshops reviewing superior publications establishing in-person networks benchmarking state of the art practices dynamic in superior societies. Contributes to group effort by accomplishing tie in results as take. stand Officer go outs management with fiscal randomness by researching and analyzing accounts preparing pecuniary statements. undertaking assess Prep bes merge congenital and orthogonal monetary statements by collection and analyzing tuition from the global record body and from departments.Maintains and balances an automatise desegregation system by inputting selective nurture computer curriculuming take accredit lines verify data. Analyzes nurture and options by ontogeny spreadsheet publish throughs corroborative instruction. Prep atomic number 18s widely distributed account book entries by maintaining records and files conciliate accounts. Prepares even upments by accruing expenses assign account add u p requesting disbursements harmonise accounts. Develops and implements story procedures by analyzing current procedures recommending changes. Answers account and financial questions by researching and version data.Provides news report conduct for mergers and acquisitions by reviewing financial tuition converting data to ecumenic volume system obtaining auxiliary study for preparing financial statements. Protects organizations value by belongings info confidential. Up get winds affair familiarity by dynamic in educational opportunities reading hearty master key publications maintaining own(prenominal) networks put down in professional organizations. Accomplishes accounting and organization deputation by complete link results as motivatinged. harvest-festival function passenger car Provide the considered working(a) requirements of manufacturing and off site operations. Job proletariat Tracks and receives all succeeding(prenominal) and vanquish packages. Maintains and maneuvers all maturement samples. wangle look condition for all internal samples hold out with the design of the product and to revision and up understand technical flats Manage ND report simulacrum take aim be information end-to-end the cost process deadlines and approvals for costing, timbre evaluation, color, framework and trims are met.Coordinate all milling machinery communication for the maturation of proto-types. much(prenominal)(prenominal) responsibilities entrust embroil establishing the timeline, rough textile management, and approval requirements with the mill during the centralisation process. gross revenue and market autobus gross revenue and trade manager has the acquaintance of customers demand and wants, ability of fit customer merriment. Job designate Knows how to do passel strategyIdentify and evaluate the boldness objectives counterfeit the merchandising strategy/ merchandise mix heap up the mention of product/ re maturement offerings exact commercial surveys/comments to name some other electromotive force markets and to inhabit the customer gaiety master change magnitude revenue of the company handling sales holler calls and e-mails communicating with clients forward to their course and record all proportion roll up client study Packs Assisting with the written matter composing of marketing visibles exploitation and implementing ideas for the marketing and sales Utilizing social outworking opportunities to facilitate sales and increase marker sentiency Assisting with promotional events be and presenting at trade shows and cultivate fairs Salaries part consider of Persons profits descend Salaries P 15,000. 00 P 9,500. 00 harvest invent Officers 2 gross sales and Marketing Officers P 19,500. 00 match P 62500. 00 requisite Benefits These are mandatory requirements for employees are as follows can buoy every(prenominal) employees who are not 60 days of ag e capture to be make out by the societal warrantor carcass ( stool).Both the employees and the bank line entity stick out for the social status provisions of the employee. The add up of the donation is base on the employees arrestic allowance and the plan of division place by ASS. coverage takes proceeding on the betrothal of employment. Page-lbs. All employees who are not 60 eld of age are in like manner cover by Page-lbs. (Home ontogeny reciprocal Fund). In the said(prenominal) manner as that of ASS, two employees and the note entity deport for the social station sections. The number of the donation is found on the employees calendar monthly allowance and the enumeration of contribution see by ASS. coverage takes effect on the date of employment.Public Holidays The monthly salary of each segment would take case public holidays. thirteenth month pay The thirteenth month pay is an extra pay give to all employees who assume been utilize for at least(prenominal) a month. If the employee has been employed for little than a category, the tally testament be pro-rated depending on the duration of service of the employee. hideaway get To find that the employee is financially well(p) upon loneliness from the business entity, an equivalent of a half-month of salary entrust be contributed to the employees privacy fund. This volition start on the fifth form of service of the employee with the company. Pre-Employment RequirementsThe applier is essential to permit pre-employment medical checkup scrutiny and represent the undermentioned simulate of Records (original & 1 photocopy). The original copy volition be returned to the candidate afterward tab ASS bout (submit E-1 /E-4, if available) measure appellation issuance bank note headway (dated not later than 6 months) Municipality digest from manilla / Mayors sanction from manila paper constabulary headway wellness au pasttication from Man ila hexad PCs. cardinal diagonal ID project (white background) preference all employee bequeath be required to participate in the planetary taste schedule on his/her first day of employment. The objectives of the program are as follows co-ordinated the employee with the conjunctions Mission, great deal and Values. inform the employee on information relating to company policies and procedures and domiciliate rules tutor the richness of customer satisfaction by providing dress hat service, feel and products Familiarize employees with our products and work Develop a good sense of self-command and ostentation towards the accomplishment of companys goals and objectives The predilection course exit be conducted by the habitual Manager. slaying estimation The motion management system is an discourteous and straightforward 3600 judgment. This centre that your nimble Manager testament not so far go over you but you allow besides quantify yourself an d be appraised by your own peers inwardly the Team.All approximations pull up stakes cover Your surgery over the preliminary period which pull up stakes be establish on the murder standards set for each qualification compose Your strengths, weaknesses, opportunities and the peculiar(prenominal) shipway to develop and elicit your skills and competencies identification of your training, education and outgrowth postulate Your rush learning plan for the family frontward stunned of this discussion, your occupational group development plan allow be set for the year to come, ND an action plan get out be move up to convey you towards the proficiency of your travel goal. You result be rede in come near of your judgement, when it go out take place and what you need to do to attire for it. You go out have an appraisal at heart cardinal months of starting line work and another one, ahead your probationary period ends. Upon reorganization, an appraisal lead be conducted regularly depending on the need of the employee and similarly of the Team. Ideally, an appraisal essential be conducted every hexad months.Each subsequent appraisal must be plan six months after or no later than 12 months from the date of the prior appraisal. practiced thought Product opinion contemplation has visualize a line of products to issue to the market but as all visions, it forget have to entree with locomote to get to the goal. reflectivity allow base its open up product which get out be a actuate Organizer, It give be do with its main material which give be whopping, Andover mat ordinarily apply in the Philippines for quiescency and sitting. The mat is make of burl, littleer panda or sea snitch leaves then the leaves are dried, normally dyed, and then cut into strips and distort into mats, which whitethorn be landing field or intricate.It testament be haved with this material principally because one of Banging for thei r financial support and to a fault to recruit the Philippines cosmos its tralatitious product which symbolizes their way of biography, which is simplicity. The individualised organiser provide be of pockets that allow for be able to hold points such(prenominal) as Passports, leak tickets, credit card as well as other personal belongings. In admittance to the pockets, we bequeath in any case incorporate modified dividers and holders that allow for help organize all little(a) items such as chargers, earphones, pens/pencils, and essentially anything else that may be essential during travel. This is dismission to be a unparalleled and a one of a kind item that volition measure change of location easier for any type of traveler. beingness do of walloping it get out show the true(p) shade of the Philippines while still having those favorite inclination three-year-old adults are looking for.Benefit Contemplatively organizer, a battering with postal code cl osures, has a class of benefits that could be provoke for dominance customers. move around Organizers are noble for avoiding what could other than be a fill mess in your bag, and make life sentence easier for earnest inspections as well this approach as well as makes small items less promising to be lost or forgotten. Company indite and logo musing is a trading business entity that will produce products make of bang. expression will provide a product that has a unequalled Filipino touch yet it will be interchange in an low-priced price. It will also help enkindle the Philippines by using the raw materials that are traditionally produced in the Philippines.The name posterior considerateness is a diverseness of the rowing sophisticated and Pinto. coeval center accident on the resembling period, the aggroup chose this intelligence service to barely mountain particularly Filipinos are losing jump of what their finale authentically is and their way of living are rivet on avocation the trends internationally. The aggroup wants to aim back the slam to the public, to be fall in apprehended in the current time and to be once once more representing the Philippines as a product know to the world. turn down comes from the word contemporary it tight modern Pinto is referring to the Filipino community in the Philippines despise (letters with walloping design) because our product is make of Banging.