Management decisions Essay Example | Topics and Well Written Essays - 250 words

The executives choices - Essay Example First and front most, visual interface for choice stream creation ought to be clear inside the administration framework. This notwithstanding, implies every nerd in the line of building field ought to learn new instruments and procedures every week or even months. I should in any case, guarantee that adaptable administration of numerous choice streams are met since the mechanical condition do changes quicker with time. Capacity to utilize information from outer information sources just as different frameworks is an angle that I should place as a primary concern and control. Also, building scorecards and models inside the workers is a viewpoint that I ought to consider since they trigger the development of new innovations and achieve the board arrangement. Other answer for the predominant administration issue like characterizing adaptability between various members and their dynamic procedure ought to be given a front line activity to profit adequacy in the administration choices which acquire positive outcome in the executives system. Immediately, it is in this manner significant while am settling on choice in my organization to ensure that both portfolio and the ventures inside the organization parts are

A Reader's Response to Gilman's If I Were A Man in Gilman's Short Essay

A Reader's Response to Gilman's If I Were A Man in Gilman's Short Story - Essay Example Be that as it may, she likewise feels the enmities of men against ladies. She attempts to guard women’s capacities and sensibilities. Most particularly, in the closure, Mollie addresses how religion assaults ladies. I can identify with Mollie’s sentiments as man, where she stirs to the potential outcomes of being an individual who has rights and obligations. â€Å"If I Were a Man† is about a lady who comprehends the magnificence of taking care of business. I have not actually experienced what Mollie felt, in light of the fact that in my family, ladies are regarded as equivalents of men. By and by, I know ladies who are treated as property. It is the cutting edge times, however a few men can be so Neanderthal with regards to their ladies. I realize men like Gerald, who treat their spouses pitifully, in light of the fact that they are ladies as such. I would say, a few ladies like Mollie have transformed into men, in light of the fact that their men have been incap acitated by ailment or mishaps. Thus, they must be the providers of their family. I see how Mollie feels, since I have likewise caught wind of women’s encounters in being allegorically a man and how they felt more joyful and more grounded. As men, these women comprehend the frivolities of ladies. Chrissie, a relative of our own, used to cherish purchasing the most recent in vogue clothing, however when her significant other gets incapacitated, in light of a mishap, she maintains three sources of income to make a decent living. Chatting with her no longer spins around design, however around viable issues. Mollie considers caps to be senseless as a man does: â€Å"And all that cash only for caps - doltish, pointless, appalling things!† (Gilman). Chrissie additionally discovers design as transient and unessential to a woman’s pith. She likewise trims her hair, which makes her manlier as well, but then from an imperative perspective, it has liberated her. Chrissie s ays: â€Å"I trim my hair and I feel and have a similar outlook as a man. I feel so allowed to do all that I want.† She expresses that she see now that a woman’s spot ought to never be in a home in particular, except if their spouses esteem their commitment and never make them stress over money related conditions. She is an exemplary case of a lady who has changed her viewpoint about being a lady. All the more critically, these ladies diverted man feel tired from each day’s work, however less worried; to put it plainly, they are more joyful as a result of the opportunities they have. â€Å"Talking† is a theme in the story. As individuals came and â€Å"talked† to Gerald, it represents the political and social strengthening of men. Men can without much of a stretch cooperate with other men and discussion about political and social issues whenever. They have a â€Å"voice† in the public eye. Marie, a lady whose spouse kicked the bucket due to lung disease, additionally feels a similar way. She says that previously, she couldn't care less about social and political undertakings, however now she does. She says: â€Å"As a citizen, I have the right to know where my cash goes.† I understand how being a lady can constrain their support in the open space. Besides, Mollie uncovers man’s financial influence and its job in their fearlessness: â€Å"†¦she felt what she had never felt in for her entire life - the ownership of cash, of her own earned money†¦hers† (Gilman). This announcement underscores how a lady feels to have cash of her own. She doesn't need to ask, bother, or coax to have cash given to them by their spouses. Bills out of nowhere don't need to be something to be worried of, yet something that can be freed of through difficult work and steadiness. These ladies are more grounded, in light of the fact that they have procured a man’

Wellness Industry in India Free Essays

Presentation In India, a nation where customary therapeutic and wellbeing rehearses like Ayurveda and yoga have advanced the possibility of mental and physical prosperity since antiquated occasions, another idea of health is rising. Not, at this point restricted to wellbeing, nourishment and unwinding, the new multi-dimensional meaning of health envelops the individual’s want for social acknowledgment, selectiveness and aggregate government assistance. Health INDUSTRY The 2009 FICCI-Ernst Young (EY) Wellness †Exploring the Untapped Potential report arranges the Indian wellbeing industry into two sections: wellbeing administrations and wellbeing items. We will compose a custom article test on Health Industry in India or then again any comparative point just for you Request Now Expected to develop drastically in the following years, both the sections offer incredible chances to wellbeing suppliers. Toward the finish of 2008, the general business was evaluated at around INR 27. 000 crore (EUR 4. 05 billion1), of which INR 11. 000 crore (EUR 1. 65 billion) spoke to by the administrations section and the rest by the items fragment. Health INDUSTRY SIZE AND SEGMENTATION (EUR billion) 1,65 41% Wellness Products Wellness Services 2,4 59% Source: Ernst Young and FICCI As indicated by the examination, the wellbeing business can possibly continue a compound yearly development pace of over 14% till 2012, with the health administrations showcase expected to observe a yearly development of around 3035% till 2014. 1 The transformation rate used in this report is 1 INR = 0. 015 EUR. Health INDUSTRY PROJECTIONS (EUR billion) 7,00 6,00 5,00 4,05 4,00 3,00 2,19 2,00 1,00 2009 2010E 2011E 2012E Source: Ernst Young and FICCI 5,26 4,62 3,84 2,90 1,65 Wellness Industry Wellness Services Geographically, South India is much ahead as far as wellbeing, with a normal of 34. health focuses per 100. 000 family units, contrasted and 13. 6 for the North, 12 for the West and 10. 1 in the East. Normal NUMBER OF WELLNESS CENTERS IN INDIA 0 South North West East 13,6 12 10,1 Source: Ernst Young and FICCI 5 10 15 20 25 30 35 34,4 40 The report portrays the general health industry as exceptionally sloppy, with the sorted out part restricted to under 50 percent of the business . The industry’s disruption and discontinuity open further open doors for universal health players to catch a huge portion of the market. Wellbeing administrations From back rubs to cardio meetings, from steam showers to prior cut, from thinning projects to magnificence medications, the health administrations section incorporates all the offices, focuses and when all is said in done household and universal players which offer Indian clients health arrangements. Ongoing patterns in the wellbeing administrations area Spas: according to the FICCI-EY study, restoration administrations †including spas, elective treatments, Ayurveda medications and excellence administrations †is relied upon to observe a 30 percent development till 2014. In its 2009 report, SpaFinder Inc. checked more than 2. 300 spas working in India, with more than 700 to open by 2012 and creating incomes for roughly EUR 264 million yearly. NUMBER OF SPAS IN INDIA (PROJECTION) 3500 3000 2500 2000 1500 1000 500 0 2009 Source: SpaFinder Inc. + 700 spas 3000 2300 2012 A particular pattern noticeable in the Indian health showcase is the opening of spas in the mid-value class. No longer restrictiveness of 5-stars lodging visitors, independent spas with an increasingly reasonable cost esteem condition are filling a hole that was absent in the market2. Rec centers: Assessed at around INR 500 crore (EUR 75 million) in 2009, the rec center market in India is rapidly creating. According to the FICCI-EY study, wellness administrations †including rec centers and thinning focuses †will develop by in excess of 25 percent till 2014. As indicated by the consultancy firm Deloitte and the US-based International Health, Racquet Sportsclub Association, the quantity of individuals utilizing fitness centers in India right now remains at 0. 23 million. Of this, specialists state 40 percent are women3. Fitness center USERS PENETRATION RATE 2 3 Health industry unaffected by downturn, liveMint, The Wall Street Journal, Jun 14, 2009. Rec center turning out to be person to person communication center, The Economic Times, Aug 14, 2009. 0,0% US Australia New Zealand Singapore Hong Kong India 0,4% 5,0% 10,0% 15,0% 20,0% 17,0% 12,4% 10,8% 6,5% 3,9% Source: Deloitte International Health, Racquet Sportclub Association The still low entrance rate, joined with the accomplishment of the wellness unscripted TV drama Biggest Loser Jeetega, which included exercise center hardware of the Italian producer Technogym SpA,suggests there is still a lot of space for new focuses to open in India. Inns and café: A further pattern, developing as an outcome of the critical number of way of life maladies which influences the nation †India represents 60% of worldwide cardiovascular ailments and has more than 50 million diabetics †is the rise of inns as wellbeing goals, offering unique menus and wellness programs4. Numerous cafés are likewise beginning to propose their wellbeing cognizant clients uncommon menus. Principle worldwide and national players of the health administrations division Generally speaking, in excess of 15 worldwide players in the health item and administration space have entered India in the ongoing past and are forcefully extending in the nation. Just to name one, the US-based biggest worldwide rec center chain on the planet, Gold’s Gym has opened 48 exercise centers since its appearance in India in 2002. This expanding rivalry from multinationals has constrained national players †including Reliance, Dabur, Manipal Group of Companies, Dr. Batra’s, Kaya Health Clinic †to reinforce and accelerate their market development procedures. To help the development, after Talwalkars†one of the main rec center chains in India, with more than 100 branches across 50 urban communities in the nation, and more than 100. 000 individuals †and Birla Pacific Spa, additionally the medicinal services and excellence treatment supplier Goodwill Hospitals, the medication retail chain Apollo Pharmacy, the diagnostics chain Super Religare Laboratories and the eye care firm VasanEyecare are intending to open up to the world in the following 12 months5. 4 Wellness on the menu, liveMint, The Wall Street Journal, Jul 29, 2011. 5After Birla Pacific Spa and Talwalkars specialty excellence and health organizations making arrangements for IPO, The Economic Times, Aug 25, 2011. While inadequate offices and an absence of qualified staff despite everything describe the residential wellbeing scene, this unacceptable picture opens further chances to global players, which will bring to India their arrangements of measures of techniques and preparing programs. Wellbeing items Including different sorts of â€Å"modified† nourishments (e. g. , fat free, low calories, fiery, strengthening), oils, enhancements, integrators, and individual consideration items, health items are increasing increasingly more space in Indians’ buy container. Not, at this point constrained to preventive or strong sustenance, the health item portfolio mirrors a blend of guilty pleasure, fortification and narcissism6. Wellbeing and health nourishments advertise Tata Strategic Management Group (TSMG) has evaluated theIndian wellbeing and health nourishments showcase being worth INR 10. 150 crore(EUR1. 52 billion) in 2009, with the capability of increasing at an exacerbated yearly development pace of 32. 5 percent to INR 55. 000crore (EUR 8. 24 billion) by 2015. 6 Impulse and Lifestyle Products Define the FMCG Future in India, Roosevelt D’souza, Executive Director, The Nielsen Company, March 4, 2011. Wellbeing AND WELLNESS FOODS PROJECTION (EUR billion) 9,00 8,00 7,00 6,00 5,00 4,00 3,00 2,00 1,00 2009 2010E 2011E 2012E 2013E 2014E 2015E Source: TSMG 8,24 + 32. 5% 4,69 3,54 2,67 1,52 2,01 6,21 To catch the developing interest, food brands are in a race to dispatch new items. Himalaya International’s regular natural product yogurt, Parle Products’s heated chips, Amul’s scope of utilitarian items (counting caffeinated drinks, probiotic desserts, probiotic lassi and curd, high calcium milk and decreased salt spread), Frito Lay’s trans-fat and MSG free items, ITC Food’s low cholesterol items, gut valuable nourishments are only not many examples7. Sans sugar items With diabetes expanding at a disturbing rate â€the number of individuals with diabetes was more than 45 million of every 2010 and is relied upon to ascend to 69. 9 million by 2015 â€, heftiness, hypertension and other way of life related clutters, sans sugar item variations are increasing more space on the retail retires. While Indians have started to demonstrate a getting a kick out of the chance to sans sugar items, sugar substitutes (regularly alluded to as â€Å"sweeteners†) don't get a similar welcome. Truth be told, sugars are not yet viewed as a low-calorie sugar substitute, yet an item for individuals enduring of way of life diseases8. Nutraceuticals showcase Within the wellbeing items fragment, the nutraceuticals advertise †merger of the words â€Å"nutrition† and â€Å"pharmaceutical† demonstrating utilitarian nourishments, drinks and dietary enhancements which give wellbeing and health advantages †is relied upon to develop exponentially. The 2009 FICCI-EY Nutraceuticals †Critical enhancement for building a solid India evaluated the market to associate with INR 44 billion (speaking to one 7 8 Bits of knowledge on Indian market, NutriConnect, 2009. Sweet harmony, Progressive Grocer, December 2010. percent of the worldwide INR 5. 148 billion nutraceutical showcase), developing by a yearly 18 percent since 2006, a lot quicker than the worldwide 7 percentaverage. INDIA’S NUTRACEUTICAL GLOBAL MARKET SHARE AND SEGMENTATION Rest of EU; 6% Switzerland ; 3% Italy; 3% UK; 2% France; 6% Germany; 5% Japan; 22% 14% Others; 9% US; 36% Functional nourishments Rest of Asia; 7% Functional refreshments India; 1% Dietary enhancements Source: Ernst Young and FICCI 2% 54% Source: Frost Sullivan, Cygnus Growth drivers are: ? ? the expanding wealth of working populace mind

Reflective essay for ECO 201 Coursework - 550 Words

Reflective essay for ECO 201 (Coursework Sample) Content: Reflective essay for ECO 201(Name)(Institution Affiliation) Introduction At first, before we get into this course, I used to hear rumors that economics is a very difficult course. Some people used to crack jokes saying, Economics will chop your head off. That is was some to mention but a few discouraging words that some of my friends (especially my age mates) who are currently pursuing humanities and other soft courses. It was, actually, difficult to have me enrolled here. I would not have achieved what I have if I had not enrolled in this course. All thanks to God for enabling me come this far. Ideally, this paper provides, in details, my personal reflection regarding course, giving any suggestions on how the course would have been done better or how it should be improved in the next sessions. Discussions At and before the start of this course I had little knowledge, skills and understanding on various economic concepts (scarcity, opportunity cost, marginality, sup ply and demand), which, for quite some time, I have been hearing from my friends, and the media. Moreover, I had no hint on how various firms arrive at charging a particular price. Furthermore, at first, I had no hint on how profits are computed and maximized by firms, but now I have that knowledge. The point I am bringing out, here, is that this course has tremendously enhanced my knowledge regarding various economic agents (firms and individuals) decision policies. Taking price as my reference, I now understand that most firms charge a price at a point where demand equals supply, and various factors that affect supply and demand of a firms products. In addition, I have obtained adequate knowledge on various market structures, cost structures, and product. Besides, the course has enriched my social, conceptual and economic skills. I have met new friends, and also, I now know how to relate and deal with various kinds of people. Today, unlike before I joined this course; I am a ble to think rationally, especially in handling matters relating to money. Basically, my thinking and decision making ability has significantly improved. In fact, I have witnessed substantial improvements in the recent past! In class work, I belief I have done what is required of me. I have done my best part as far as this course is concerned. Also, it is my belief that, with my current status, I will score a decent grade at the end of this course. However, if I had enough resources (especially finances and time to organize discussion groups, and visit various industries) I would have performed better than I than my current status. The topic on a firms production gave me some problems. To be specific, I did not understand, fully, the concept of marginal productivity and the law of diminishing marginal productivity. Though, I have an overview, I think I need to know more on this area. Additionally, I have issues with costs. For example, in real life situation, some costs (especi ally mixed costs) are not easily classifiable into fixed or variable costs. Thus, how do we deal with these costs in economics, given that in economics costs are mainly classified two; fixed costs and variable costs. I think on costs, in my view, we need to borrow some knowledge from cost accounting books and then integrate the two disciplines; accounting and economics. Allow me to comment that the modules have very helpful to me in understanding most economic concepts in this course. They are very clear and straight to the point. Thank you! Finally, I belief, it would have been better if the course was to be complimented by academic trips to various firms, industries, and government ministries. The first measure will be based on my...

Essay On Mortal Life - 1129 Words

It was only suppose to be out of curiosity. Nothing more, nothing less... so how did it end up like this? Aomine was used to getting hit on by strangers of the human world. His flawless skin, deep ocean blue eyes, and his elegant moves attracted plenty of attention. He was use to shrugging off the attention. He got plenty of it in Mount Olympus by gods that meant more than these merely humans. However, he found himself attracted to a human with hair red as fire and passionate burning rubies for eyes. It was almost weird, the mortal man almost reminded him of his father Akashi. The stranger was dressed in denim pants and a white T-shirt with a leather jacket loosely hugging his body. A cigarette hung from his mouth, smoke filling up the†¦show more content†¦no one bothered to give me a proper tour of the place. He pouted The man reached up and placed the cigarette between his index and middle finger. Taking a deep inhale of the cancer stick, he then removed it from his lips and used the metal surface of the locker to put out the fire while breathing out the smoke. Aomine could swear that the mortal almost looked like a man eating dragon, which only made the sex god lust after him more. â€Å"What’s your schedule?† The mortal’s voice was deep and husky, soothing Aomine needs temporarily. However, Aomine wasn’t one to embarrass himself. Instead of just handing the human the piece of paper given to him by the school, the bluehead stepped closer than comfort towards the man. His shoulder making contact with the broad chest of the redhead. The heat bearing off of his skin was extremely comforting and Aomine’s mind wandered off thinking about how it would with skin on skin contact. Aomine would’ve let out a satisfying purr if he wasn’t interrupted by a harsh ringing and the sound of students getting out of their classes. Attention was instantly on them as students began to migrate to their lockers. The redhead cleared his throat, getting Aomine’s attention back on him. â€Å"You have the same classes as me, just follow me.† Tossing the cigarette in the trash a couple of feet away, the man turned his broad backShow MoreRelatedMortal Kombat820 Words   |  4 PagesMortal Kombat According to Time magazine, September 27, 1993, violence in video games is on the rise especially with the release of Mortal Kombat. Over 50 million children all over the United States brought this violence into their homes. The parents and other adults of these children finally decided that the video games in the U.S. had gone too far. Mortal Kombat was the first game that brought blood and gore into the video game world. Mortal Kombat started in the arcades it was such a hitRead MoreUnhappiness in Human Beings Essay1020 Words   |  5 Pages In Thomas De Quinceys essay Confessions of an English Opium Eater, the speaker discusses the problems associated with drugs. He suggests that his dreams were accompanied by deep-seated anxiety and gloomy melancholy, such as are wholly incommunicable by words (971). However, sadness and gloom do not belong exclusively to addicts as Shelley points out in his poem To a Skylark. The everyday man also faces the same problem as De Quincey s opium eater as human beings have a tendency toRead MoreThe Relationship Between Gods And Mortals1574 Words   |  7 Pageslooked at them only as positive. These gods that play a role in their life, often act more as a spiritual guide more than anything. They take on mortal disguises to allow them to help the world without becoming noticed. As we can see in The Odyssey, the relationship between gods and mortals is close knit, but the main difference that is evident, is the power between the two. The gods may not be able to cause death upon a mortal, but they can do everything to lead towards that. In the book, the godsRead MoreLucretius and Plato on the Mortality of the Soul1671 Words   |  7 PagesPatrick McCleery Essay I: Lucretius and Plato on the Mortality of the Soul In this essay it will be argued that the soul is mortal and does not survive the death of the body. As support, the following arguments from Lucretius will be examined: the â€Å"proof from the atomic structure of the soul,† the â€Å"proof from parallelism of mind and body,† the â€Å"proof from the sympatheia of mind and body,† and the â€Å"proof from the structural connection between mind and body.† The following arguments from Plato willRead MoreQuestions On Fate And Destiny1630 Words   |  7 PagesDecember 2015 Who’s In Charge? Fate and destiny are both shown to be predominant forces in the Iliad, and all mortals are subjugated to them; they are ultimately destined to fulfill a certain fate or prove themselves in some other way. For example, in the Iliad, Odysseus says that â€Å"We Achaeans are the men whom Zeus decrees, from youth to old age† (Iliad 105-107). Fate is revered and obeyed by mortals. However, the gods seem to be almost exempt from this sentence. The Iliad presents the question of who isRead MoreThe Tragedy Of The Iliad1555 Words   |  7 Pagesportrayed the destiny of a mortal being. The definition of their names can be â€Å"parts† or â€Å"shares†. Zeus, the god of fate, was their king. After a mortal being is born, moirae weave their future life according to the directions of the gods. Their duty was to direct fate and watch for any obstacles. Even though the properties of fate are an enigma to a reader, the importance and honor in meeting one’s fate is clear. In The Iliad, the significance of fate becomes more evident when mortal beings figure out theirRead MoreGod, And The Arguments Of His Existence929 Words   |  4 Pageswe will discuss God, and the arguments of his existence. We will argue weather God is a force for good or not. If God created us, who created him? Could a mortal handle the task of creation? We will cover these topics in further depths. What were the reasons for creating the human race? Why do some people still think that there is no other life out there other than us? Can we be mistaken a vastly more advanced race of alien beings for our creation? Does God exist? Can anyone identify her if she wasRead MoreGender Roles in Sitcoms1543 Words   |  7 Pages(2009). Bewitched (1964–1972) â€Å"A young-looking witch named Samantha meets and marries a mortal named Darrin Stephens. While Samantha pledges to forsake her powers and become a typical suburban housewife, her magical family disapproves of the mixed marriage and frequently interferes in the couples lives. Episodes often begin with Darrin becoming the victim of a spell, the effects of which wreak havoc with mortals such as his boss, clients, parents, and neighbors. By the epilogue, however, Darrin andRead MoreHester Prynne In The Scarlet Letter Essay906 Words   |  4 Pagesexclamations to attack Hester’s character. He claims that Hester is wrongly portrayed as a pure heroine, when in reality, she is burdened by her mortal sin that she refuses to renounce. This burden is evident when the church shuns Hester away to the outskirts of the village; they avoid her in fear of her sinful nature. Because Hester is proud of her mortal sin, which she deliberately committed, both the community and Lawrence belie ve her soul is dead without the church. Lawrence’s words are used asRead MoreWildlife Preservation in Thinking Like a Mountain Essays750 Words   |  3 Pagessymbiotic relationship of animals and plant-life with a mountain. He asks the reader to perceive the processes of a mountainous environment in an unusual way. Aldo Leopold wants the reader to think like a mountain instead of thinking of only the immediate, or as the hunter did. Taking away one feature of an ecosystem may eventually destroy everything else that that environment is composed of. Nature and wildness is essential for the well being of life on this earth. The excerpt begins by telling

The Madness of War - 1458 Words

War is the epitome of cruelty and violence, an experience that can prove maddening and strip away some of the most intrinsic characteristics of humanity. Kurt Vonnegut’s experiences as a prisoner of war during World War II inspired his critically hailed novel Slaughterhouse-Five (1969), in which characters continually search for meaning in the aftermath of mankind’s irrational cruelty (Kurt Vonnegut: 1922-2007 287). Both the main character, Billy Pilgrim, and Vonnegut have been in Dresden for the firebombing, and that is what motivates their narrative (Klinkowitz 335). In his anti-war novel Slaughterhouse-Five, Kurt Vonnegut expresses the adverse emotional effects of war through the psyche of Billy Pilgrim. Vonnegut’s distinct style†¦show more content†¦The emotional separation that Billy experiences is a direct result of the awfulness he faces in war. Billy encounters countless atrocities and absurdities in his life and his war experiences that all contribute to his mental withdrawal and deterioration. The horrors of Dresden, including death, senseless cruelty, and absurd injustice, make up the panorama of violence and inhumanity that defines Pilgrim’s world (Broer 70). All of this violence and death around him leads to his descent into schizophrenia and insanity. Billy becomes increasingly crippled by the psychologically damaging blows he receives during the war causing him to withdraw from reality and ultimately lose his sanity (Broer 70). Billy’s prisoner-of-war experience is a nightmare of victimization and madness described as â€Å"an acrimonious madrigal, . . . everybody, seemingly, had an atrocity story of something Billy Pilgrim had done to him in his sleep† (Vonnegut 100). Broer states that Billy â€Å"and everyone around him exhibit some form of insane, mechanically conditioned behavior, that which is overtly aggressive, or that which allows aggression to happen† (73). The most traumatic horrors of war to Billy, however, are the destruction of Dresden and the death of his best friend, Edgar Derby. These eventsShow MoreRelatedCeremony By Leslie Silko Ceremony Analysis1041 Words   |  5 PagesTayo, shows apparent madness as he suffers from PTSD due to fighting in World War II. Madness can be defined as mental delusion or the behavior arising from it. The delusions that result of Tayo’s madness, hallucinations of important people he has lost and frequent flashbacks of the worst parts of the war, occur in a reasonable manner because it is common for people to be affected by war in such a negative way and fail to understand what is truly real. The product of Tayo’s madness gives truth to theRead MoreApocalypse Now By Francis Ford Coppola1073 Words   |  5 Pagesthe Vietnam war and all the horrors –seen and unseen— associated with it. Specifically, the dissent into madness and the dehumanizing effects of war. Coppola uses the river to symbolize this dissent into madness. The further up the river the crew got, the more dehumanized they became. Even Coppola’s choice of title Apocalypse Now screams what this movie is about. This symbolism accompanied by perfectly paired music and camera angles that often cast shadows strongly show the madness of war. CoppolaRead MoreSignificant Elements Of Joseph Conrad s Heart Of Darkness1326 Words   |  6 PagesSignificant elements of Joseph Conrad’s novella ‘Heart of Darkness’ are appropriated into Francis Ford Coppola’s film ‘Apocalypse Now’ in the setting of the jungles of Vietnam during the Vietnam War. As the title suggests, Conrad’s novel deeply explores the ‘darkness’ potentially inherent in people’s hearts. Heart of Darkness is set on the Congo River during the European occupation of Africa. Conrad explores the effect of exploitation on humanity. Similarly, Coppola’s film explores the metaphoricalRead MoreTimothy Findley s The Wars1163 Words   |  5 Pages Timothy Findley’s The Wars portrays the effects of war on soldiers in battle, as well as the members of family and friends that suffer from loss and insanity. As each character over the progression of the story is exposed to change, the character’s ability to adapt has a significant correlation with their survival, those that can quickly adapt to survive can manage to get by. Soldiers must be able to suppress the extreme stress on the battlefield. Those that cannot overcome these challenges doRead More Analysis of Much Madness is Divinest Sense by Emily Dickinson941 Words   |  4 PagesIn Much Madness is divinest Sense (435), a definition poem, Emily Dickinson criticizes societys inability to accept rebellion, arguing that the majority is the side that should in fact be considered mad. The perception of madness and insanity are a common theme among Dickinsons poetry, as she fought against societys tainted view of herself as crazy. She focuses on how judgmental socie ty is on non conformist views when she describes the majority as discerning (line 2). As similar to mostRead MoreEssay about King Lear and Madness in the Renaissance1547 Words   |  7 PagesKing Lear and Madness in the Renaissance      Ã‚  Ã‚  Ã‚  Ã‚   It has been demonstrated that Shakespeares portrayal of madness parallels Brights A Treatise of Melancholie (Wilson 309-20), yet, the medical model alone is insufficient to describe the madness of Shakespeare’ s King Lear. Shakespeare was not limited to a single book in his understanding of madness; he had at his disposal the sum total of his societys understanding of the issue. Since Lears madness is derived from a mixture of sources,Read MoreThe Era Of Madness And Confinement1451 Words   |  6 PagesThe Era of Madness and Confinement The 1950s was an era of civil conflict for the United States. Although it the post World War II era and the United States was the world’s strongest military, there was a war going on within its own society. (Ginsberg, 1) This generation dealt with civil rights movements and communism at the home. (â€Å"The 1950s†) But with all the pressure of all that is going on around this how did this generation turn out? It was during this time that author Allen GinsbergRead Morethe theme of madness in mrs dalloway1443 Words   |  6 PagesMadness in Mrs Dalloway Madness is a prevalent theme in ‘Mrs Dallway’ and is expressed primarily, and perhaps most obviously through the characters Septimus Warren Smith and Clarissa Dalloway – however the theme is also explored more subtly in more minor characters such as Lucrezia and Mrs Kilman. Virgina Woolf’s own issues inspired her greatly, as she herself suffered her first mental breakdown at the tender age of thirteen and was prescribed ‘rest cure’ – just as Septimus is; Woolf is often describedRead MoreEssay about Issues in Virginia Woolf’s Mrs. Dalloway630 Words   |  3 Pagespreoccupied the Bloomsbury writers and thinkers as a group. Issues of androgyny, class, madness, and mythology run throughout the novel. While that is hardly an exhaustive list, these notions seem to form the core of the structure of the novel. Woolf herself, when envisioning the project, sought to produce â€Å"a study of insanity and suicide, the world seen by the sane and the insane side by side.† This issue of madness, in particular, gives the novel its form as we follow the twinned lives of SeptimusRead More Elements of Darkness in Apocalypse Now and Heart of Darkness1263 Words   |  6 Pagestruth. Conrad portrays the idea of the darkness of the human heart through things such as the interior of the jungle and its immensity, the Inner Station, and Kurtzs own twisted deeds. Coppolas heart of darkness is represented by the madness of the Vietnam War and how even to look for a purpose in it all; is itself quite mad.   Ã‚  Ã‚  Ã‚   It was no accident that a documentary was made on Francis Ford Coppolas 1979 film, Apocalypse Now entitled Hearts of Darkness- A Filmmakers Apocalypse since

Finance for Managers Sainsbury

Question: In the executive summary of CIMAs recent study of the role of the finance function based on data collected from more than 4000 finance and senior managers worldwide, it is stated that The finance function and its members constitute a force for further development of the management support role. Implementing this change will be dependent on identifying and developing the appropriate personnel and demonstrating to business managers what and how the finance function can contribute to the organisation.Using relevant theoretical and empirical literatures, critically discuss the above statement? Answer: Statement: The finance function and its members constitute a force for further development of the management support role. Implementing this change will be dependent on identifying and developing the appropriate personnel and demonstrating to business managers what and how the finance function can contribute to the organisation. Chartered Institute of Management Accountants (CIMA) has stated that the finance department plays a major role in further development of the management support role. This paper will focus on analysis of the role of finance and its contribution in the organization for critically discussing the above statement of CIMA. First of all, it is important to discuss the traditional roles of the functions of the financial activities in an organization. Additionally, the financial and no financial challenges encountered due to globalization will be discussed and evaluated as those have directly affected the functions of finance in the organizations. Therefore, the paper will emphasize on the endeavors of the finance functions in confronting the external challenges for contributing overall improvement of the management function of the business firm (Coombs, Hobbs Jenkins, 2005). In this paper, the working capital of Sainsbury will be calculated in order to illustrate how the financial activitie s of an organization help in supporting the management. Traditional Finance Function Traditional finance functions refer to the activities of the finance department of the business firms in earlier days. Traditional finance function activities principally focused on the transaction processing such as general accounting, cost accounting, tax accounting, tax filing, customer bill etc. The finance department is responsible for managing accounts payable and accounts receivable (Epstein Lee, 2005). The major activity is associated with the planning for acquiring the necessary funds. Cost accounting helps in estimation of the probable cost of the organization and therefore making arrangements of the necessary funds (Genpact, 2015). Tax accounting has been considered to be one of the most important activities of the finance department in an organization. Additionally, budgeting is a traditional finance function where the organizational resources are allocated. The major responsibility of the finance department is to manage the cash position of the firm. The traditional fin ance function includes recordkeeping of the monetary transactions (Gazely Lambert, 2006). Evaluation of Financial and Non-Financial Challenges The finance functions of an organization have been encountering major financial as well as non-financial challenges due to globalization. It has evident that the globalization has facilitated the reduction of trade barriers. E-commerce has been able to significantly break down the geographic boundaries and it has become very easy to approach the international market. The business firms have identified that the market is becoming more homogeneous and high level of economies of scale will be realized (Ayyagari, Demirguc-Kunt Maksimovic, 2008). It is quite obvious that the domestic business firms will focus on approaching the global marketplace. In this situation, the finance department has a major role to play in supporting the evolution of a business firm as a global organization (Coombs, Hobbs Jenkins, 2005). The financial challenges would include the strategic financial activities of the firm. Due to globalization, the organization will get large range of options in order to raise funds. The reason is globalization has helped in reducing the barriers in the financial market. The business firm will get various opportunities for entering into strategic alliances with other companies. Additionally, merger and acquisition opportunities will enhance. These strategic financial decisions can be considered as the threats (Gazely Lambert, 2006). Hence, both small and large organizations are encountering financial challenges which have significant impact on the finance functions of the organization. Globalization has caused some non-financial challenges which have significantly affected the financial functions of an organization. It has been found that the integration of the business activities in the international market has leaded to the encounter issues regarding strategic operations such as coping up with different time zone, compliance with the regulatory framework of that nation, matching with the language and culture of the region etc. This has a significant influence on the financial functions such as asset allocation, reporting requirements, accounting standards and other financial decision making elements. Hence, it can be concluded that various financial as well as non-financial challenges occurred due to globalization and significantly affected the financial functions of the business firms across the globe. Changes in the Finance Functions for Responding to the Challenges Finance functions of an organization focuses on providing extensive support to the operational activities of the firm in order to achieve the long term objectives of sustainable growth. The above section has briefly discussed the traditional roles played by the finance department in an organization. It has been found that the finance functions principally emphasized on the record keeping on the financial transactions, tax accounting and cost accounting. However, it has been identified that globalization has encouraged the business firms to integrate business functions in the international market as the barriers have reduced (McGuigan, Kretlow, Moyer McGuigan, 2008). It has been found that the finance functions had encountered major financial as well as non-financial challenges. Therefore, business firms have identified that it is important to change the finance functions for confronting with the discussed challenges. First of all, financial awareness has been raised across the organ ization. This section will clearly discuss the key functions of the finance department for responding to the new challenges emerged from globalization. Financial awareness In the present dynamic global business circumstance, it is very important to raise financial awareness for understanding the financial implications of the operational and strategic decisions of the organization (Epstein Lee, 2005). One of the major activities of the finance professional would be training the line managers to become more aware of the financial condition of the company as well as the global business conditions. Financial awareness throughout the organization will significantly help in the conforming all the activities in the uniform direction leading to achievement of organizational success. Decision Support The finance department of an organization has been reshaping its functions through the investing, financing and asset management decision making. Globalization has helps in exposing a business organization to various investment opportunities (Tylecote, 2007). Investing decision making activities focus on analyzing the investment opportunities on the basis of return as well as risk. Various financial analytical tools are utilized by the professionals for evaluating the investment decisions (Hansen Mowen, 2005). Additionally, it has been found that the financing decision making is the major responsibility of the finance department. Both external as well as internal sources of finance are available to the company (Srivastava, 2008). It is important to select the sources of fund in appropriate ratio. Strategic decision making supports the management by choosing the optimum sources of finance so that the company can achieve its organizational objectives (Brealey, Myers Allen, 2008). Man aging the liabilities of an organization in an efficient manner for meeting the strategic goals is included in the financial functions. Acquisition and efficient utilization of assets are considered to be a significant aspect of decision support system of an organization (Genpact, 2015). The finance department is given the operating responsibility regarding the existing assets. The financial professionals are found to be highly concerned with management of the current assets instead of fixed assets (Ayyagari, Demirg-Kunt Maksimovic, 2011). Value Creation The business firms emphasize on the value maximization through strategic management of the operational activities. Value maximization of the business organization is the principle strategic objective of a firm. Hence, the finance managers are responsible for maximization of profits though effective allocation of funds and controlling the operational activities such as inventory management, quality management etc (Seal, Garrison Noreen, 2009). The finance department must support the organization through providing effective strategy for value maximization (Ross, Westerfield Jaffe, 2008). Additionally, it needs to consider the alternative investment opportunities, asset management strategies, financing decision must reviewed for analyzing its implication for the value of shareholders wealth (Brealey, Myers Allen, 2008). Management needs to develop market strategies on the basis of the input provided by the finance professionals. It can be clearly stated that the finance functions mus t be integrated with the operational activities of the firm for maximizing the value of business. Additionally, handling the agency problems and resolving plan is also developed by the finance department of the organization. In the present business climate, corporate social responsibility has been receiving extensive attention across the globe (KPMG Management Consulting, 2015). The objective of profit maximization must not ignore the corporate social responsibilities of the organization. Hence, it is very important to integrate the concept of corporate social responsibility into the financial decision making of the firm. Control and Risk Management Control and risk management is considered to be one of the most important functions and emphasize has been given on the function for achieving sustainable growth in the international market (Ross, Westerfield Jaffe, 2008). Controlling organizational activities is associated with evaluation of business performance through effective business tools. Budgeting is one of the most important activities for controlling the organizational activities (KPMG Management Consulting, 2015). The variance between the budgeted activity and the actual activity indicates the present business situation of the company Risk management is carried out through effective corporate governance strategies (McGuigan, Kretlow, Moyer McGuigan, 2008). For managing risk, auditing is one of the best tools. Internal auditing is conducted by the internal audit team for ensuring the organizational activities comply with the legislative framework of the nation (Antonakakis Scharler, 2012). Additionally, the internal aud itors are responsible for ensuring that appropriate reporting standard has been followed for communicating the annual business position of the company(Shapiro Sarin, 2009). Thus the auditing helps in validating the reliability of the documents produced by the company (Genpact, 2015). Explanation of the Working Capital Calculation for Sainsbury Sainsbury is one of the leading retailers in United Kingdom. This section will focus on analyzing the implication of effective working capital management on the management activities (Horngren, Harrison Bamber, 2005). Working capital can be described as the difference between current asset and current liabilities. In simple terms the capital required for managing the regular activities of the organization. The finance department plays a major role in effective management of the working capital (Preve Sarria-Allende, 2010). If the company has adequate working capital then the operational activities can be completed smoothly. If the organization has enough current assets for meeting the current liabilities, it will indicate that the organization has enough short term liquidity for managing day to day operations. In other terms the current ratio or the ratio between current asset and current liability must be 1 or greater than 1. On the other hand, it must be considered that very high current ratio does not have a positive implication for the company. It indicates that the company has excess current asset which is not effectively utilized by the organization for improving the organizational performance (Horngren, Sundem Stratton, 2005). Working Capital Calculation 2014 ( million) 2013 ( million) Current Asset Inventories 1005 987 Trade and other receivables 433 306 Amounts due from Sainsburys Bank customers 1283 0 Derivative financial instruments 49 91 Cash and bank balances 1592 517 Total Current Asset 4362 1901 Current Liability Trade and other payables 2692 2726 Amounts due to Sainsburys Bank customers 3245 0 Borrowings 534 165 Derivative financial instruments 65 65 Taxes payable 189 148 Provisions 40 11 Total Current Liability 6765 3115 Working Capital -2403 -1214 Annual report of Sainsbury has implied that the operational cash flow of the company has improved thorough the better working capital management. In 2013-14, the changes working capital in the operating cash flow of Sainsbury has been increased by 5.6% in comparison to the previous financial year (J Sainsbury Plc, 2014). In Sainsbury, the working capital is estimated by calculating the difference between current assets and current liabilities. Current assets in Sainsbury include inventories, amount withstanding from the bank customer of Sainsbury, trade and other receivables, derivative financial instruments and the cash and bank balance. On the other hand, the current liabilities of Sainsbury include trade and other receivables, short term borrowings, taxes payable, amount due to the bank customers of Sainsbury, derivative financial instruments, provisions etc. Cash flow statement of the company has indicated that the cash generated from the operating activities have increase. It ha s a positive implication for the organizational performance. It has been found that the Sainsbury has been able to manage its working capital inefficiently as the current liability s estimated to be greater than current assets. An adverse movement in the working capital has been observed. It clearly indicated that the potential of meeting short terms liability is less which is not favorable for the company. It can be concluded that short term liquidity position of the company need to be enhanced in order to boost up the overall performance of the company. References Antonakakis, N., Scharler, J. (2012). Has Globalization Improved International Risk Sharing?.International Finance,15(2), 251-266. doi:10.1111/j.1468-2362.2012.01304.x Ayyagari, M., Demirguc-Kunt, A., Maksimovic, V. (2008). How Important Are Financing Constraints? The Role of Finance in the Business Environment.The World Bank Economic Review,22(3), 483-516. doi:10.1093/wber/lhn018 Ayyagari, M., Demirg-Kunt, A., Maksimovic, V. (2011). Firm Innovation in Emerging Markets: The Role of Finance, Governance, and Competition.Journal Of Financial And Quantitative Analysis,46(06), 1545-1580. doi:10.1017/s0022109011000378 Brealey, R., Myers, S., Allen, F. (2008).Principles of corporate finance. Boston: McGraw-Hill/Irwin. Coombs, H., Hobbs, D., Jenkins, D. (2005).Management accounting. London: SAGE Publications. Epstein, M., Lee, J. (2005).Advances in management accounting. Amsterdam: JAI. Gazely, A., Lambert, M. (2006).Management accounting. London: SAGE Publications. Genpact,. (2015).From efficiency to effectiveness transforming the finance delivery mix. London, United Kingdom: Chartered Institute of Management Accountants. Retrieved from https://www.genpact.com/docs/default-source/resource-/from-efficiency-to-effectiveness-transforming-the-finance-delivery-mix-a-cima-genpact-report Hansen, D., Mowen, M. (2005).Management accounting. Mason, OH: Thomson/South-Western. Horngren, C., Harrison, W., Bamber, L. (2005).Accounting. Upper Saddle River, NJ: Prentice Hall. Horngren, C., Sundem, G., Stratton, W. (2005).Introduction to management accounting. Upper Saddle River, N.J.: Pearson Prentice Hall. J Sainsbury Plc,. (2014).Annual Report and Financial Statements 2014(1st ed.). UK: J Sainsbury Plc. Retrieved from https://www.j-sainsbury.co.uk/media/2064053/sainsbury_s_annual_report_and_accounts_13-14.pdf KPMG Management Consulting,. (2015).Finance of the future: A Guide for Business Users. KPMG Management Consulting. McGuigan, J., Kretlow, W., Moyer, R., McGuigan, J. (2008).Contemporary corporate finance. Mason, Ohio: South-Western. Preve, L., Sarria-Allende, V. (2010).Working capital management. New York: Oxford University Press. Ross, S., Westerfield, R., Jaffe, J. (2008).Corporate finance. Boston: McGraw-Hill/Irwin. Seal, W., Garrison, R., Noreen, E. (2009).Management accounting. Maidenhead: McGraw-Hill. Shapiro, A., Sarin, A. (2009).Foundations of multinational financial management. Hoboken, N.J.: John Wiley Sons. Srivastava, R. (2008).Multinational financial management. New Delhi: Excel Books. Tylecote, A. (2007). The Role of Finance and Corporate Governance in National Systems of Innovation.Organization Studies. doi:10.1177/0170840606075676