Brandywine Homecare Essay

1. Construct a Brandywine’s Income Statement.  This income statement summarizes the company’s performance during 2007. It reflects how much money the company brought in as revenues, how much spent on expenses, and the difference between the two is the net income profit. All figures above are in terms of millions. Excel rounded the depreciation value which was 1.5 to 2 and net income of 1.5 to 2 as well which gave total expense of 11 which is actually 10.5 million. I will attempt to explain the major components of this Income Statement. Revenue is the first major component. The primary goal of a not-for-profit corporation is financial viability which is generally given in a mission statement in terms of service to the community (Gapenski, 2008). Because most not-for-profit establishments follow a tedious set of requirements, they usually have a tax-exempt status and can accept and or issue tax-exempt bonds (Gapenski, 2008). Revenues usually represent sales, but because there isn’t any clientele or shareholders, revenues must be re-invested into the company. In this case, revenues can be represented by donations, cash received, payer obligation, net patient service, interest earned on investments, and or rental income. Expenses would be the second component of my income statement. It is simply the cost of doing business. A company has to spend money in order to make money (Gapenski, 2008). Some examples of Brandywine expenses could include cost of sales such as utilities, buildings, salaries, labor, maintenance, administration expense, and depreciation and amortization. Net income is the last, but certainly not least. It is what is left after all expenses have been accounted for (Gapenski, 2008). It is often referred to as a company’s bottom line (Gapenski, 2008). Again, being that this is a not-for-profit establishment, all profits have to be re-invested into the corporation. 2. What are Brandywine’s 2007 net income, total profit margin, and cash flow? To interpret the income statement, revenues for 2007 were 12 million. Expenses other than depreciation totaled 75% of total revenues which is 9 million. Showing my work, I know that revenue minus total expenses equals net profit. To get the expense amount, I simply multiplied 75%*12 million to get 9 million plus 1.5 million of depreciation equaled 10.5 million of total expenses. Now, I subtract 10.5 million from 12 million of total revenue to get a net profit of 1.5 million. The equation for profit margin is net income of 1.5 million divided by 12 million of total revenues equal 0.125 * 100% equal 12.5 % profit margin. Cash flow equals net income of 1.5 million plus non cash expenses or depreciation of 1.5 million totals 3 million. Depreciation has to be added back to get cash flow even though there is no cash value (Gapenski, 2008). 3. Supposed the company changed its depreciation calculations such that its depreciation expensed doubled. How would this change affect Brandywine’s net income, total profit margin, and cash flow? If we doubled the depreciation amount, it would give us 3 million. Recall that the equation for net income is total revenue minus total expenses, so we subtract total expenses of 12 million from 12 million of total revenues leaving a 0 net profit. We would experience a big difference of 1.5 million of net profit if the depreciation value doubled. For the profit margin, the equation is net profit of 0 divided by 12 million of total revenue is 0 % profit margin. Note that we have gone from a 12.5 % profit margin to 0%. Cash flow is net income plus non cash or depreciation value, so we add 0 plus 3 million to give us a cash flow of 3 million which is no change from initial figure. 4. Explain the difference between cash and accrual accounting. Be sure to include a discussion of the revenue recognition and matching principles. According to Gapenski 2008, the cash method is the process by which an economic event is recognized when a cash transaction actually takes place. It is considered simple and easy to use. Some might want to use this method when just starting a small business. Cash accounting does a good job of tracking cash flow, but does a poor job of matching revenues earned with monies laid out for expenses (Epstein, 2011). The accrual method is recognized when an obligation is created. This method is considered more complicated, yet it provides a better picture of true economic status of a business. Most would say that this is the preferred method according to generally applied accounting principles (Gapenski, 2008). It has two key components such as the revenue recognition that requires that revenues be recognized in the period in which it was earned while the matching principle requires that an organization’s expenses be matched with revenues in which it is connected to. One might want to use this principle once a small business has gotten on its feet. The accrual method does a good job of matching revenues and expenses, but it does a poor job of tracking cash (Epstein, 2011). Because you record revenue when the transaction occurs and not when you collect the cash, your income statement can look profitable even if you don’t have cash in the bank (Epstein, 2011). 5. Explain the difference between equity section of a not for profit business and an investor-owned business. According to Gapenski 2008, the financial statements of investor- owned and not-for-profit firms are similar except for transactions such as tax payments that are applicable only to one form of ownership. They both strive to increase assets and decrease debts and other liabilities; however, the difference lies within the line of business (Gapenski, 2008). One difference in the balance sheets of a not-for-profit organization and a for-profit business is the name or title shown in its heading. In a nonprofit, the name of this financial statement is the statement of financial position. In the for-profit business this financial statement is the balance sheet (Accounting Coach, 2011). Another difference is the section that presents the difference between the total assets and total liabilities. The nonprofit’s statement of financial position refers to this section as net assets, whereas the for-profit business will refer to this section as owner’s equity or stockholders’ equity (Accounting Coach, 2011). The two types of equity shown on a business balance sheet are retained earnings and new stock sales whereas on a not-for-profit financial statement there can be retained earnings, but it can’t sale common stock to raise funds (Small Business, 2011). Non profit establishments raise funds through grants and donations for specific causes such as needs, healthcare, and education (Ramjee, 1999). Assets for investor-owned firms include furniture, computers, equipment, investments and security deposits; however, a not-for-profit organization’s assets are not as complex (Ramjee, 1999).

Antacid Report

Testing the Effectiveness of Commercial based Antacids Purpose: The purpose of this lab is to determine, by testing several dissolved commercial antacid solutions, which can best neutralize acid and is the most effective for heartburn. Hypothesis: If all three different types of Antacid were tested and neutralized with the Hydrochloric acid, then the one that would be the most effective antacid would be the TUM’s Ultra Strength Calcium because it is larger and because it is Ultra Strength, it should be more effective. Materials †¢Compliment Extra Strength Antacid Tablet †¢TUMS Life Ultra Strength Calcium Antacid Tablet †¢Goggles †¢Thymol Blue †¢Mortar and Pestle †¢Beakers †¢pH probe †¢Clamp †¢Retort Stand †¢Pipette-Graduated †¢Hydrochloric Acid(HCl) †¢Distilled Water †¢pH 4 solution Procedure- 1. All the materials were gathered/assembled. 2. The clamp was secured onto the Retort stand, 3. The pH probe was then at tached to the clamp and secured tightly 4. With the pH 4 solution, the pH probe was calibrated properly according to SNC2D0 standards 5. One antacid tablet was weighed with the scale and the result was recorded 6. Step 5 was repeated for the other two antacid tablet brands used. 7.Once each tablet was weighed, they were then crushed and grinded with the mortar and pestle and each put in their respective beaker 8. 25 Millilitres of distilled water was then added to each beaker and stirred gentle until a milky solution was made 9. One solution of the antacid’s was taken to the Tort stand and the pH probe was lowered into the solution 10. 4-6 Drops of Thymol Blue was put into the solution with the pipette, or as many drops was needed to indicate a color change. 11. As indicated on the pH probe, the pH of the solution was recorded down 12. Using the pipette, Hydrochloric Acid was gathered; inside the pipette 13.Individual drops of the Hydrochloric acid were then added, each drop added was recorded on the table 14. At the same time as the drops added, the solution was continually stirred with the stirrer 15. Drops of HCl were added to the solution until the pH recorded by the pH probe says 2 or the solution is clear red. 16. The number of drops added were recorded on the table 17. Steps 9-16 were then repeated with the other two solutions of Antacids Observations Table 1: TUM’s Ultra Strength reactions to Hydrochloric Acid Drops Quantitive Observations-pHQualitive ObservationsBefore adding of Hydrochloric acid6. 8 pHOrange, milky, opaque 25 Drops of Hydrochloric acid5. 5 pHGrainy, Opaque, white 50 Drops of Hydrochloric acid4. 5 pHFizzing, grainy, opaque, white 75 Drops of Hydrochloric acid4. 1 pHFizzing, grainy, opaque, white 100 Drops of Hydrochloric acid3. 9 pHSlight increase in clarity, fizzing more, less grainy 125 Drops of Hydrochloric acid3. 4 pHLess grainy, less white, fizzing less 150 Drops of Hydrochloric acid2. 4 pHTranslucent, fizzing less 158 Drops of Hydrochloric acid1. 8 pHClear, translucent, grains at the bottom, stopped fizzing, slightly pinkTable 2: Life Ultra Strength Reactions to Hydrochloric Acid drops Quantitive Observations-pHQualitive Observations Before adding of Hydrochloric acid8. 8 pHMushy, translucent, white 25 Drops of Hydrochloric acid5. 5 pHOpaque, white, slight yellow 50 Drops of Hydrochloric acid5. 0 pHPrecipitate forming, white, milky 75 Drops of Hydrochloric acid3. 6 pHPrecipitate more visible, solid, white, 100 Drops of Hydrochloric acid2. 7 pHSolid separating from liquid 125 Drops of Hydrochloric acid2. 4 pHSlight pink in color, translucent 7liquid 150 Drops of Hydrochloric acid1. pHPink shade in color, solid separated and on top of liquid, Gaseous smell coming Table 3: Compliments Extra Strength reaction to Hydrochloric Acid drops Quantitive Observations-pHQualitive Observations Before adding of Hydrochloric acid7. 9 pHGreen, grainy, solids at the bottom, opaque 25 Drops of Hydrochloric acid 5. 3 pHPrecipitate forming on top, green, opaque 50 Drops of Hydrochloric acid3. 0 pHMore liquidous, transparent 75 Drops of Hydrochloric acid2. 0 pHLiquid state, transparent, top is solid/precipitate Table 4: Neutralizing ability of the Antacids Product nameNeutralizing abilityTUM’s Ultra Strength79 Life Ultra Strength68. 2 Compliments Extra Strength37. 5 Analysis: I am able to make a few generalizations due to the course of these results. It can be said that TUMs has the highest neutralization ability, as it took the most amount of drops to bring the pH level to two. It is also said Compliments has the lowest neutralization level, as it took the least amount of acid to bring the level to two. Discussion: 1. I believe the most effective antacid tablet of the experiment would be the TUM's Ultra Strength, opposed to the Life Ultra strength, and the Compliment's Extra Strength.I say this because even though the TUM's ultra strength did have the lowest pH of the three tablets, t he tablet did however take more Hcl than the other tablets to go to 2 pH—158 drops of Hcl, thus effectively neutralized the acid for the longest of time. Life Ultra did however become very close to TUM's, with exactly 150 drops of Hcl to bring the pH to two. 2. The TUM's and the Life Ultra both had 1000 mg of calcium carbonate and then because of that, they lasted longer than the Compliment's extra which only had 750 mg of calcium carbonate. 3. In the TUM's, the orange color changed to white when the acid was introduced; in the LifeUltra, the white color changed to a light yellow shade. These changes happened because the pH level changed in the process of adding the acid, thus making the indicator change colors. 4. It was necessary to continually stir the acid because the acid must be properly distributed in the base solution; if you didn't stir the solution, the acid would stay in that place and would not react with the other parts of the basic solution, leading to an inaccu rate neutralization. Thus stirring would ensure a higher rate of accuracy. 5. It was stopped at 2 pH because of the pH environment needed to simulate.The experiment was the effectiveness of Antacids on the human stomach, and since the normal pH of a stomach is 2 pH, it was needed to be brought down to 2 pH to simulate that same environment. 6. I would like an antacid to be able to dissolve over a period of time. I would like this because then the effects would be able to last longer if the heartburn is damaging enough. If the effects were too quick, then the heartburn could start up and then it would be a wasted effort; with the Antacid that stays, it controls the pH properly. 7. Liquid medicines and Solid medicines both have advantages over each other.Liquid medicines are that they are quick to react and start working and they easily absorbed; they can be drunk. Solid medicines however are predesigned, so it is hard to take a wrong dosage with them, while kitchen utensils holding t he liquid medicine can easily over or under measure. 8. I would have to consider the strength of the tablet; if I don’t have chronic heartburn, I wouldn't need such a strong antacid. I would have to consider my age and BMI; if I am young, I wouldn’t want to take a higher daily dosage, and if I’m bigger I would need a larger daily dosage. 9.There are various strengths and weaknesses associated with this experiment, as well as a few errors that could have arisen. One of the errors that could have arisen is the antacid pill and mixture was not crushed and mixed properly, which could lead to inaccurate answers and inaccurate distribution of acid. Another error would be that the mixture was stirred inaccurately or improperly, which could lead to more inaccurate results as the acid is misdistributed. The strengths of this lab are that it gives the students a closer and more interactive way of showing the differences and the usage of antacids and also of HCl acid.A wea kness for this experiment could be that if not done properly, results can be misconstrued and biased, thus leading to bad results. Conclusion: The purpose of this lab was to show the different reactions of commercial antacids and to which is more effective as an Antacid. In the various antacid experiments, the TUM’s Ultra Strength required the more drops of HCl per gram than the Life Ultra Strength and Compliments Extra Strength. This shows that is able to last longer in an acidic environment and neutralize it properly. Thus TUM’s ultra strength would be the better Antacid.

Modernization Theory and Classical Dependency Theory Essay

Modernization theory is the process of transforming from a traditional or underdeveloped society to a modern Western societies way of life. Basically, Modernization theory became the foundation stone of this evolutionary prescription for development. The theory is not homogeneous—numerous proponents disagreed on several key features. But in broad outline, the theory focused on deficiencies in the poorer countries and speculated about ways to overcome these deficiencies. It viewed traditional society as a series of negatives: stagnant and unchanging, not innovative, not profit-making, not progressing, not growing. Modernization is the economic growth within societies and the third world did not undergo these economic or political transformations; it was ‘left behind’. So the task of the Third World is to transform itself from tradition to modernity. That is, to follow the footsteps of the Western world. In fact, because the path is now charted, these countries can avoid the mistakes made by the West. On the other hand, Dependency is also not a homogeneous, unified theory—serious analytical differences persist within the school. Economic growth in advanced countries created Third World poverty in its wake: not simply that the Third World is poor in comparison with the industrialised world; rather that it is poor because development of the industrial system in Western Europe and North America changed and impoverished many societies of Asia, Africa and Latin America, through colonialism, imperialism and extractive terms of trade. When capitalism began to spread, the ceaseless search for profit began: through the production of agricultural goods in colonies or other lands, and Western Europe’s ability to drive unequal bargains. This fundamentally changed the social structures of the Third World. The term dependency comes from this link: Some say the exploitation of various regions for their raw materials and labour impoverished them and made them depend on the West. Others point out that in fact it is the other way around: that the West has been dependent on the Third World though history in order to be able to grow and prosper. Modernization theory sees capitalism as a creative force, causing growth and progress. Dependency sees international capitalism as the ruin of the Third World. Modernization sees rich countries as helpers of poor countries; dependency sees them as the main obstacle to the well-being of the poorer countries. Not all of dependency theorists’ prescriptions are anti-capitalism however: some see  some good in using capitalism and protectionism to enhance national economies. Both theories have point in terms on how develop these third world countries and address poverty. According to modernization perspective the causes of poverty are due to structural restraints placed on the third world by European powers. It describes the structural restraints as unequal exchange. The declining â€Å"terms of trade† as the price of exports from the third world are decreasing, while prices from developed countries are increasing. This effect creates a circular trap as wages in third world countries are low, which declines the export prices, while wages in richer countries a re increasing, which cause increases in the price of industrial goods. This means underdeveloped countries need to constantly increase their yields and exports for their profits to stay the same. On the other hand, dependency perspective argues that the causes of poverty in third world countries are due to their traditional cultures and values. These theories believe that in order to solve this problem poor countries can succeed through following the footsteps of developed countries. These would include invading other countries to. However, this is quite unachievable because we are now in modern time. In the case of the Philippines, I believe that we can achieve and become one of the develop countries. For example, iphone has a metal cover and iron to its internal body; the metal was produced through mining and exported to some countries. When it goes back it becomes iphone and it cost more expensive. In other words, the countries that produced metal and have limited technology are making those developed countries richer. Instead of exporting those products, utilized it within the country and profit more from it. Lack of technology is not the reason to depend in the western countries, impatient and being contented for what they have. They don’t think of the better things that they can have. The real essence of democr acy was turned off and forgot that it is the rule of the mob. If these theories are really applicable how come third world countries are still crapping and suffering from poverty. But it is very applicable it’s just happen that the attitude and the thinking of the people are different. Like what I have learned from Cuban people, people must change their way of thinking.

The Importance of Breastfeeding and the implications on Nursing Article

The Importance of Breastfeeding and the implications on Nursing - Article Example of milk from breast is the medium of transference of Human Immunodeficiency Virus type -1 (HIV) but yet it does not mean that breast feeding is the absolute route of transmission of this virus. Moreover, most of the researches are against this proposition and claim that HIV is not easily transmittable. Vast medical researches have played a vital role in the importance of breast feeding during early parenthood duration and continue until total time prescribed. Breastfeeding is advantageous for both infants and mothers as well. Mothers’ state of psychology can be stabled and many problems related to psychology disorders can be dealt by lactation to their babies (Ontario Medical Association 1943). Breast milking is a nutritional source which cannot be replaced by any other supplement and food prescribed and research by physicians for the infants. The obesity usually a mother encounters after pregnancy time period can be removed or at least reduced through the process of breast lactation. The belly watery position and fatty states can also be removed through this process. And speaking of infants, they are highly susceptible and sensitive to diseases at early age so they need highly nourished food (mother’s milk) so they can develop strong immunity system in them against those fatal diseases. Baccalaureate nursing programs according to Mr. Dodgson and Mr. Tarrant (2007), propose that nurses must have evidence based knowledge and education programs on breast feeding. Proper research literature on the breast feeding content should be included in the curricular. Midwives and nurses should promote education about breast feeding during delivery and early stages of birth. Nurses should aware the mothers to give lactations to their infants for the benefits of their babies and for them as well as this program were followed in Hong Kong. The article on surgeon’s call exposed the reasons behind the reluctance of mothers towards breastfeeding practices. As the culture

Role of Accreditation in Healthcare Essay Example | Topics and Well Written Essays - 500 words

Role of Accreditation in Healthcare - Essay Example Research shows that accredited health facilities offer a high level of patient care and service than unaccredited institutions. In essence therefore, by accrediting health facilities, government and registered healthcare accreditation bodies are offering patients with a map on where and where not to seek treatment. Without accreditation, people seek healthcare services would easily fall for quacks, and in the process endanger their health. The second role of accreditation is that it acts as a basis for protecting and fighting for patient rights (Manley et al, 2008). What this means is that in case health provision goes wrong and harms a patient’s health, the patient has a basis for seeking legal redress. For instance, a patient can seek legal help through the accreditation body. Alternatively, the patient can enjoin the accreditation body, when seeking legal redress from an accredited healthcare organization. Without accreditation and clear cut rules on how healthcare facilities should handle their patients, it would be difficult for a patient to seek legal redress in case something goes wrong. This is because; there would be no set benchmarks against which, health care service is measured against. The third role of accreditation in healthcare is statistics, budgeting and government fiscal planning. What this means is that through accreditation, the government is able to collect variable data on the current status of the healthcare sector (Sears et al, 2015). For instance, the government can easily collect data from accredited institutions on the prevalence of lifestyle diseases like diabetes. It can then act on such data and come up with measures for combating such diseases. Without accreditation, it would be difficult to know how many healthcare facilities are in operation leave alone collect valuable healthcare data from them.

Fashion marketing Spanish group Inditex Assignment

Fashion marketing Spanish group Inditex - Assignment Example The essay "Fashion marketing Spanish group Inditex" discovers the marketing of the Spanish group Inditex. The mission statement of Bershka has always been to reach their customers within best possible short time, and to offer them quality of service at low prices. Bershka has also expanded their services to approach the customers through online selling. And today, the websites executing under Bershka are gaining advantage at excellent level. Swot analysis: (14Ju1) - Strength - strong management, pricing power, size and cost advantage, financial leverage and unique products. Weaknesses - work inefficiencies, high debt burden, high staff turnover, weak R&D and management, outdated technology and bad acquisitions. Opportunities - new technology, emerging markets, financial leverage, acquisitions synergies, new services, online markets and innovations. Threats - change in customer’s change, volatile costs, bad company, high competitive market, and bad economy, substitute products available in the market and government regulations. Product - high textile quality products are created along with the latest new designs. The products are designed keeping in mind the actual trends of the market. Finalized products are finely seal packed to keep safe. Besides clothing the brand also includes; accessories, apparels, bags, shoes, denim, Underwear & Lingerie. Prices - the prices of the products are set at a level of being available to the most common customers, holding average income. The prices are also kept same.

How can I write the essay Example | Topics and Well Written Essays - 500 words

How can I write the - Essay Example Read all the materials at hand and reread them to have a good grasp of topic, analyzing the information along the process. Once one is sure that the subject is clearly understood and that enough pertinent information have been gathered, take time to meditate on the readings. Ask questions about the subject and try to find answers, writing the questions and answers down for easy access when the writing process is ongoing. Afterwards, state the thesis you would like to present in the essay and make an outline on how this is to be elaborated. The writer may make a numbered outline or a diagram that he could follow in sequencing his ideas to form a clear presentation of the essay, whatever suits him. What is important in making the outline or diagram is that a topic should be chosen with subtopics below each. Working on the outline could also take much time and effort however this will be much appreciated in making the essay because it keeps the writer on tract, focusing on the topics and subtopics without straying to what has already been discussed or jumping to what will be discussed on a later part. After the outline is made, you can now start writing the essay beginning with the introduction. The fist sentence should be eye-catching, able to get the attention of the reader. This is a very important part of the essay because it is here that the writer makes a first impression that would either hold the reader’s attention to the last sentence or have him drop the paper on the second sentence. One could start with a question, a quotation or a statement to introduce the essay, followed by at least four sentences to complete the first paragraph. The last sentence should be a statement that would link the introduction to the next paragraph, making a transition of ideas run smoothly. The second paragraph will start the body

TORT LAW PROBLEM QUESTION (Defamation) Essay Example | Topics and Well Written Essays - 1750 words

TORT LAW PROBLEM QUESTION (Defamation) - Essay Example fathers who had been injured in the Great War, and all of them knew the quotation from that great elegy for the First World War dead: ‘In Flanders field, a poppy grew’. Three generations have passed since the 1920s, and people no longer share these cultural references. Today in 2010 most inner-city youngsters associate the red poppy with the production of opium, morphine and heroin. The average twenty-year old in Toxteth, Gateshead or Hackney looks in bewilderment at politicians and news-readers all dutifully wearing their poppies. Why are they all advertising the drug-trade, and what connection does that have with Britains current wars? The smarter ones soon work out the answer: it must be in celebration of the fact that opium production has soared in Afghanistan since the British Army took over Helmand from the Taliban ... Since the Anglo-Chinese Opium Wars of the 1840s the British Army has long been involved in facilitating drug trafficking. But is this something we s hould celebrate each year by supporting the Poppy Appeal? BRITISH LEGION, listen to me! If your present purpose is to collect funds for the wounded of Britains elective wars in Bosnia, Iraq and Afghanistan, then you need a less controversial symbol. How about a paper representation of a shrapnel wound, red with blood, that can be pinned to each politicians lapel? ... Until the BRITISH LEGION gets its act together, we must boycott the Poppy Appeal. At present everyone wearing their artificial red poppy is signaling their support for the drug runners of Afghanistan and for those British soldiers who collude with them. 2. Whether or not the British Legion as a charitable organisation as a claimant may sue for damage to its reputation. If the answer is favorable, then the next issue is whether or not Smith may sue on behalf of the charity. 1. The most important issue is whether or not the words in the article are defamatory. Firstly, it must be explained what exactly is a defamatory statement.

Drawing from the course materials, discuss one challenge and one Essay

Drawing from the course materials, discuss one challenge and one opportunity presented to a person who takes on the role of frontline manager in a health or social care service - Essay Example The essay also sheds light on two important aspects of a manager’s role: one challenge and one opportunity that he is presented with and the ways in which he can handle them. The role of a manager is easier said than done. That’s because he has to shoulder many responsibilities. His actions are under constant vigilance by his peers, subordinates and superiors. Anything good that a manager may try to implement can have possible negative as well as positive effects on the entire organization. Thus well analyzed action plan is a must. Becoming a manager requires constant efforts and determination. It also requires leadership qualities such as patience, ability to lead and guide, perseverance, ability to interact well with everyone, etc. A person achieves this through hard work. Along with the respect that it brings, the managerial responsibilities seep the manager of all his energy and demand careful work at every stage. At a health care service unit, a manager comes to deal with a variety of people such as the care takers or the doctors, the accounting department, the staff, the patients or the consumers or the victims of health problems, managers from other branches of the health care unit and so on. While discussing the manager’s role let us analyze for him, Managerial activity is a process of continuous change (Activity 3.2, p.33). One has to understand the current situation and implement new policies accordingly. No matter whatever are your previous experiences, being a manager is every time a new lesson. The first thing that comes to our mind about a manager is the amount of power that he is entrusted with! Indeed this power can work wonders if handled with opportune execution. He needs to be flexible enough to shape circumstances and adapt to demands of employed people and consumers. With all his powers he has the authority to regularize and implement changes such as discipline, better dress codes,

Dust bowl Research Paper Example | Topics and Well Written Essays - 750 words

Dust bowl - Research Paper Example Henderson, a member of an affected farming family, describes the years before the storms came as a golden age ( 2001, page 15) In the 1930s though things changed dramatically. It became a period of scarce rainfall and high winds, both of which passed over the very light, over worked, soils of the region. The storms began in 1931. In 1932, as described by Ganzel (2003) 14 storms were recorded, and each year the number increased. Farmers however continued to plough and sow, destroying the established grassland. The drought which lasted from 1934 to 1937, affected 27 states according to Nelson (undated) and in the Dustbowl area poor farming practice meant that there were no longer plants whose roots had held the soil together. Black blizzards ensued, especially from the north. This was when the strong winds lifted the light, loose top soil and swirled it around into dense, choking dust clouds. In some area the dust was so dense it acted more like snow, forming high drifts, and even comp letely covering some farm buildings. The winds were so strong at times that they could move heavy trucks ( Hankel, quoted by Ganzel, 2003) with winds of more than 100 miles per hour. The cattle were choked, and even preparing or eating a meal became almost impossible. Carlson (( quoted by Ganzel , 2003) said that :- The impact is like a shovelful of fine sand flung against the face. †¦People caught in their own yards grope for the doorstep. Cars come to a standstill, for no light in the world can penetrate that swirling murk... We live with the dust, eat it, sleep with it, watch it strip us of possessions and the hope of possessions. It is becoming Real. The result for farmers and their families was that 60% of the population was forced to quit the area, leaving in many cases farms they had lived on for several generations. According to Nelson (undated ) the devastation lasted until the rains finally returned in 1939, but by then skilled workers had left for farm land elsewhere or for the cities of the distant West. The Government was well aware of the problems and did try to help over an extended period. In 1933 President Roosevelt brought in the Emergency Farm Mortgage Act and the Farm Credit Act ( Segraves, 2012) to help farmers facing foreclosure, in many cases because crops had failed and animals had died. In September of the same year the Federal Surplus Relief Organization was set up after a public outcry about the waste of such things as meat. Agricultural goods, including cotton clothing, were sent to relief organizations. The Taylor Grazing Act of 1934 allowed the government to nationalize large areas and then to control such things as grazing. This did a good job in halting any further deterioration caused by over farming methods, but did not actually reverse matters because the top soil was already lost. Nelson (undated) quotes from the Agricultural Year Book of 1934 :- Approximately 35 million acres of formerly cultivated land have essentiall y been destroyed for crop production. . . . 100 million acres now in crops have lost all or most of the topsoil; 125 million acres of land now in crops are rapidly losing topsoil. Early in 1935 the Government a Drought Relief Service designed to co-ordinate efforts from a number of agencies. This service bought up cattle from

Risk Analysis Essay Example | Topics and Well Written Essays - 2000 words

Risk Analysis - Essay Example As Wrona (2010, p. 1) states, â€Å"companies that do perform a risk management process on a fairly typical multi-month project (no longer than 12 months) will identify and manage possibly five to ten easily recognized project risks†. According to this statement, risk analysis can reduce the occurrence of some main types of risks, as well as makes companies able to respond effectively to the risks. In this paper, we will discuss two of the main risks that can occur for Ashton Wood Homes which is a Toronto based construction company. The company deals in the construction of homes and buildings and is serving the nation since 1975. According to Zou, Zhang and Wang (n.d.), some of the main risks associated with the business of construction companies are listed in the table below. Ashton Wood Homes Potential Risks Significant Index Scores Design variations 0.49 Occurrence of disputes 0.42 Variations by the client 0.46 Tight project schedule 0.67 Incomplete approval of documents 0. 39 Price Inflation 0.41 Inadequate programming schedule 0.38 General safety accident occurrence 0.30 The company considers risk management necessary to conduct to ensure completion of construction projects within available time and budget. As Flanagan and Norman (1993, p. 45) state, â€Å"attention to risk is essential to ensure good performance†. It is the job of the risk management authorities to undergo risk management and analysis to save time and budget. As Akintoye and MacLeod (1997, p. 31) state, â€Å"risk management is essential to construction activities in minimizing losses and enhancing profitability†. This statement proves the aim of the company to do proper risk analysis in order to minimize the probability of potential risks, as well as to bring improvements in performance and level of revenue. Risk management is imperative for construction companies (Schieg 2006, p. 77; Zu, Liu, & Lu 2012). According to Sharp (2009), proper identification of the risks a nd assessment of their potential impac

Facebook Case Study Essay Example for Free

Facebook Case Study Essay EXECUTIVE SUMMARY A firm that has been floating on the stock exchange has been selected and evaluated and the firm I have chosen was Facebook. In my report I have included the recent history of Facebook as to how the social networking site started and the developments from the introduction until recently. I furthermore went on to evaluate the source of finance with a brief explanation as to what source of finance is and the different type of sources available to business i. e. Short term , medium term and long term. This explains the type of finance business need starting from day to day transactions to long term purchasing of assets and investments. After my understanding of what sources of finance are, I done some research on Facebooks source of finance and came to a conclusion that the firms sources of finance is long term source of finance as they earn money through shares(IPO). The reason for Facebooks floatation was simply because at the time they decide to go public the firm was already valued as one of the top companies around, however even though the firm was highly valued there was still negative stories about the firm. Facebook continues to grow and to try and keep the 200 million users entertain there are now talks of a Facebook phone that is due to be released this year. INTRODUCTION I am required to select a firm that has floated on the stock exchange in the last 4 years analyse and critically evaluate the firms decision to go public. The firm I chose was Facebook and in my report I will be discussing the following about the firm. Recent history of the company The firms sources of finance/ Capital structure of the firm Reason for flotation Implications of the flotation Performance of shares since flotation Future prospects for the firm Recommendations as to the future financing ABOUT FACEBOOK Facebook is a popular social networking website whose name originated as a nickname of directories handed out to university students that aided in them getting to know their fellow students. The social networking site was invented by Harvard computer science student Mark Zuckerberg, along with a few class mates. Facebook officially started off in October 2003 when Zuckerberg launched Facemash.com to allow visitors to compare pictures of two students and say whos hot and whos not. The website became popular as people enjoyed going on the internet and checking out pictures of their friends. In January 2004 an article in the Harvard Crimson stated that Zuckerberg registered the Facebook.com domain as he was now inspired by the success of Facemash. Shortly after the launch of Facebook the website eventually grew as it was now discovered by Sean Parker (Former Co Founder of Napster) who informally advised the student on what to do, and by June 2004 Facebook received its first private investment from Peter Theil [http://www.youtube.com/watch?v=ROrUea0gLlY], the founder of PayPal who gave $500 000 in exchange for 10.2% of the company. Sean Parker later became president of the newly incorporated company Facebook. Facebooks domination continued to grow until it became the second most visited web property online. In August 2009 Facebook acquired the real time new aggregator site friends feed and in 2012 Facebook made a huge splash in the market by acquiring instragam for approximately $1 billion. This year Facebook has introduced a graph search to help users find out more about their friends and connections. This feature lets you search through data shared by friends to discover people their interest, restaurants, much and much more. This is the first major step Facebook has taken towards competing with Google. SOURCES OF FINANCE Business needs money to support investment and finance their day to day activities. A company may choose to raise money internally (by retaining and investing profits) or externally. Each source of finance has a risk attached to it, the risk that the business will not meet the financial commitments related to the source. The mix of all the financial sources is known as the financial risk of the company. An essential requirement in raising finance is that business should meet repayments and other expenses, as the fall due. This is generally achieved by ensuring that there is a good match between _cash inflow generated by the use of money and cash outflows to the service payments to the finance raised_. TYPES OF SOURCES OF FINANCE. Short term finance- Usually needed for a business day to day operations e.g. paying wages, ordering suppliers etc This is usually the cheapest one to use as it is easier for a lending institution to asses lending risk for shorter loan periods. Types of short term finance include the following: Overdrafts Short term loans Trade credit Accrued expenses and deferred income Factoring Medium term finance- This source of finance can be used to finance the acquisition of Motor Vehicles, Machinery, Computers, etc. Three main types of medium term finance are: Hire Purchases Leasing Term Loans Long term finance- In financing the purchase of a building (major investments), long term finance would be appropriate. There are two alternative methods of raising long term finance Debt-Bank loans and Bonds Equity-is an important source of long term finance and consists of: Preference shares, Ordinary Shares and Retained Profits (internally generated cash flow). Equity finance is raised through the sale of ordinary shares to investors and can be raised either via: A new share IPO ,Placing or Introduction A rights Issue. FACEBOOKS SOURCES OF FINANCE/CAPITAL STRUCTURE. Facebooks source of finance is the long term finance as the firm makes its money through sale of ordinary shares from investors such as IPO (Initial Public Offer) which is the first offering of shares to the general public. The social networking site officially filed for an IPO on February 1 2012. The preliminary prospectus declared that Facebook was seeking to raise $ 5 billion in investment at the time the company announced that they have 845 million users active on the site with close to 2.7 billion likes and comments daily. After the IPO, Mark Zuckerberg planned to retain 22% ownership stake in Facebook with 57% of voting shares which was valued by the underwriters as being worth $38 each and pricing the company at 104 billion, the largest valuation ever to date for a new company going public. Facebook selected Morgan Stanley as the lead advisor for the IPO as the company had earlier lead the IPO of internet giants like Group on, Zynga and other banks such as Goldman Sachs, Bank of America Merril Lynch,Barclays Capital and JP Morgan. According to AllFacebook , shares have been actively trading between $25-$40 which gives Facebook a valuation of approximately $17000, more than Microsoft which was valued at $15000.Most of Facebooks trades takes place through secondmarket a company responsible for generating a market around typically illquid assets while while the value of the trades is unkown.While Facebook stock is not the type of thing you can trade in a day due to the fees and time involved in transactions ,however most investors see a great return in just 6 months. BELOW IS A GRAPH WITH FACEBOOKS SHARE PRICE IN MAY 2012 WHEN FACEBOOK DECIDED TO FLOAT.GRAPH 1.1 REASON FOR FLOTATION The reason for Facebooks flotation was due to the fact that the companys IPO was valued as one of the best amongst top companies. When Facebook made its long expected debut as a public company, the social networking company linked up with the largest public companies in the world alongside Mc Donalds , Amazon.com and Bank of America. The wall street journal reported that Facebook was prepared to file initial paperwork for an offering that could raise as much as $10 billion. As the news about Facebook spread worldwide and it later became the most popular and influential global website, Investors now started to flock to acquire shares in Facebook. Articles stated that even though Facebook was valued a high price there was still a debate within business and media circles on the true value of the company. The social networking site also made money through advertising allowing other companies to advertise about their business on the website. In May 2012 Mark Zuckerberg and other executives began a road show to persuade institutional investors to buy shares before the flotation. One of the underwriters JP Morgan along with Goldman Sachs and Morgan Stanley were included in the road show. IMPLICATIONS OF THE FLOATATION FOR THE FIRM Even though there is a great amount of effort in the flotation of Facebook there are still some negative views on the social site. An article in the guardian called _Facebook flotation: three reasons to avoid it_ it states that Facebook is not worth $100 billion and that Zuckerberg has not put a price tag on his creations so its still early to say that he will attempt to achieve that amount when the flotation started. Below are the three reasons given in the article: Zuckerbergs first letter to the potential investors was a strange dispatch. As it stated that Facebooks ambition was to build a service that gives people the power to share and help them once again to transform many of the core institutions and industries. Facebook has no need to float as it does not need to invest as the firm is profitable and generates enough cash to pursue its current objective. Zuckerberg is keeping control of Facebook by adopting a dual voting structure with him and investors. In response to the negative publicity about the website , Facebook opposed by saying that the main reason for floating is to allowing longstanding investors to cash in a portion of their winnings and to help Facebook grow. The float promoters were then seeking to emphasize that the investments obtained were potentially for a profitable growth and to play down the risk faced by the firm. PERFORMANCE OF THE FIRMS SHARES SINCE FLOATATION Zuckerberg has called the stock performance disappointing. The social networking leaders stock has lost nearly half its value since flotation. More than $50 billion has been cut off Facebooks market value as the companys shares have fallen from $38 to $19.43. The CEO has lost the most as the value of his facebooks holdings falls more than $9 billion which questioned his skeptics and guess his ability to lead a company. The performance of the shares has obviously been disappointing and has caused some demotivated employees, however Zuckerberg motivated them and they believed that things will improve as time goes go on. After numerous up and downs and significant critics from the public the share prices started showed a highly volatile behaviour with prices as low as $17.73. The prospective performance of the company did not impress the investors and therefore had a impact on the company as a whole. In November 2012 Facebook shares has shown a significant rise in value reaching the highest price in months, As the value it continued rising the company witnessed an increase of 15% each month to date. The major factor that has pushed the social networkings markets performance is the increase in investors confidence in the companys potential to earn a higher revenue in the prospective periods. The confidence is directly linked to the increasing success of the performance as the number of business advertising on the website increased which means higher revenue and higher revenue means higher returns for investors. FUTURE PROSPECTS FOR THE FIRM Facebook has and always will be the king of the social media sites , as the site is still growing worldwide. To date the social networking website has more than 200 million registered users. Researchers believe that Facebook can evolve another google as they are also relying on advertising for their revenue. The social networking sites goal now is to create a personalized digital newspaper through the newsfeed that has everything a person would want to know about people. This will be perfectly customized just for the users. Mobile will be the key to Facebooks future growth said the head of advertising as only 30% of users access through desktops and 70% through mobile devices every day. A plan to invest a huge amount of money will be the target for Facebook in the future as talks on creating a Facebook smartphone continues. Facebook is also targeting other continents like Asia, Latin America and Africa as users in these areas have grown by 33% each year. Even though they introduce the mobile device Facebooks ultimate goal will  still remain to get more users online and to improve current features that will keep current users entertained. CONCLUSION /RECOMMENDATION TO THE FIRMS FUTURE FINANCING Facebook is available to everyone all over the world and there still huge potential for growth for the firm. My recommendation to the firm regarding their finance would be to focus on their advertising model, improving it and allowing business to advertise more on their website. By doing that they will do enhance their chances of doing better than search engine giant Google and revenue will increase which will benefit both the firm, current and potential investors. With the introduction of the new Facebook phone they have to ensure that the phones are better then other smartphones. Facebook has to earn the general publics confidence in them by coming up with new ideas on their IPO, if the public is satisfied they will invest more in the company. However with the introduction of the new phone I believe share prices will increase.

Literacy As Social Practice To Aid In Teaching Education Essay

Literacy As Social Practice To Aid In Teaching Education Essay The world has changed profoundly over the last two decades, and many of our longstanding notions about literacy need to be challenged. As a result, the definition of literacy is neither a singular or universal one, and it is often defined in contradictory ways. It is recognised that the teaching and learning of literacy is a major responsibility of the schools. While some children have some knowledge of literacy acquired before formal schooling, all will need the opportunities for learning to read and write that school provides. The term literacy has often been associated with the reading and writing stage of learning and it is no surprise that the way the community views how literacy is learned in schools can take vastly different viewpoints. It is important to note that the way in which it is defined will shape the kinds of policies and approaches to teaching and learning that are adopted by the field of education. Olsons definition focuses on literacy as a cognitive model, which is needed for work, education and social interaction. This view prevails that literacy is a simple, learned cognitive skill that one learns to read and write just as one learns to kick a ball, ride a bicycle or make a cake. It is clearly perceived, once the skill has been mastered. Street (1985) refers this view of literacy as the autonomous literacy where those who master this skill can use it to advantage of influence and prestige. In contrast, Street contemplates that literacy should have a more social focus, such as the assumption of it contributing knowledge according to social-cultural contexts. He defines this alternative notion as ideological literacy which refers to the social conceptions and uses of literacy. This viewpoint suggests that literacy is an aspect of defining framework of society. Street (1997) extents this notion by arguing that literacy not only varies with social context and with cultural norms and discourses, but that its uses and meanings are embedded in relations of power. This suggests that literacy is what society achieves, and society is, to some extent, what literacy contributes to it. Furthermore, another view of literacy is that of critical literacy that is informed by the work of Paulo Freire (1972), who conceptualizes literacy not as reading the word but as reading the world. This advocates the emphasis of the empowering role that literacy can and should play in reshaping the way in which one lives and works. Wallace (2001) explains that the empowering potential of literacy is articulated in difference ways to encourage new literates to use literacy as a means for educational change and for the literate person to reflect on what is wrong in their world and use the enabling power of literacy to change that world. Furthermore, Wallace views this potential as a means to reshape approaches to English language teaching, not just for first language learners, but for the majority of users of English who are second language English speakers. She proposes that the variety of labels given to English in its worldwide role be replaced by what she calls literate English, one with which it is not a reduced or simplified model of English which restricts communication to basic patterns of interaction, but a global English that should be elaborated to serve global needs. Luke and Carrington (2002) discuss this further with the notion of literacy as cultural capital by suggesting how to construct a literacy education that addresses new economic and cultural formations providing our students with the ability to think critically and globally in a world that, increasingly, will require a politically and socially active citizen (NOTE, 2007). Models of Literacy In the minds of many in the community, an important function of schooling is that it teaches literacy with the teaching of literacy this is often held to be the most important thing that schooling provides. As a result, literacy remains high on the educational and political agenda at national and international levels and continues to be contested and debated. There appears to be three main models of literary which have implications for policy-making, teaching and learning; autonomous, social and critical literacy. The first is the cognitive or autonomous model, which has dominated educational policy for the last two decades especially in the UK with the introduction of the National Curriculum which then was preceded by the National Literacy Strategy (NLS) in the late 90s. Both of which attempted to transform literacy teaching in the primary and secondary school. Goodwyn and Findlay (2003) are encouraged by the aim of the NLS to demystify subject teaching and to involve all subject specialist in helping pupils become literate within each subject. However, the emphasis on the autonomous literacy model is a failure to acknowledge the ever changing nature of literacy. This skills-based view of a universal or aptitude represents the meaning of literacy in terms of limited mental operations. Therefore, if we view literacy teaching and learning as a matter of mastering certain important, but essentially basic technical skills in control of such things as the spelling and writing system, and perhaps h ow to shape simple written sentences. Literacy becomes a relatively simple and unproblematic matter, learned in the early years and then used and reused in whatever ways appear appropriate. According to Street (1995), such traditional definitions of literacy are based an autonomous model, autonomous because it is extracted from its social, cultural, and historical context. When treated as a technical skill or mental operation independent of social context, literacy is associated with consequences that have no relation to the social situations in which it is embedded. In addition, Street (1995) explains, it gives limited attention to social structures within which the concepts and specific cultures are forms. Therefore, in an autonomous model, literacy is separated from its social context and considered an independent variable making it possible to associate literacy with symbolic elements such as progress, social mobility and economic stability (Gee, 1996). In our society, the benef its for being literate has taken on mythic qualities as Street suggests this literacy myth raises false expectations for those who do become literate in comparison to the illiterate who are branded as too lazy or, even worse unable to learn. This situation enables government to shift focus away from social problems onto individual shortcoming (Street, 1996) The second model of literacy is one that avoids the pitfalls of the literacy myth by capturing the complexity of literacy practices in the social contexts that make them meaningful. Street (1996) calls this an ideological model of literary, which concentrates on the social practices of reading and writing and the ideological and culturally embedded nature of these practices. In addition, the ideological model maintains a wariness of claims for literacy and distinguishes between these claims and the actual significance of literacy for the people involved. Literacy in the ideological model looks beyond a technical definition of literacy to consider literacy practices. Rather than limiting literacy to events that involve reading and writing, Street broadens the scope to literacy practices which take into account the behaviour and the social and cultural conceptualizations that give meaning to the uses of reading and writing. This concept of literacy practices gets us away from the liter acy myth by re-inserting social and cultural context and arguing that whatever benefits come from literacy also come from the contexts in which it is embedded. The third model critical literacy is one that as Wallace (2001) explains is powerful to the extent that it offers a vantage point from which to survey other literacies. Like the ideological model, critical literacy is understood as social action through language use that develops us as agents inside a larger culture. However, it takes us beyond this in providing an active, challenging approach to reading and textual practice by the analysis and critique of the relationship among texts, language, power, social groups and social practice. It shows us ways of looking at written, visual, spoken, multimedia and performance texts to question and challenge the attitudes, values and beliefs that lie beneath the surface. It has been suggested that critical literacy links with our modern lifestyles of a rapidly changing globalised world. Changing societal structures, increasing social and cultural diversity and the marketing of ideas and products through multimedia mean that we need to think a bout literacy for lifelong learning in new ways. The way that information is received today hadnt been invented twenty years ago. The world is becoming increasingly accessible because of instantaneous communications; the corpus of print literature is expanding almost exponentially because of the number of works either being written in English not just by authors from United States or the British Commonwealth but by major authors outside these regions. The consequence is that the technology is not only bringing global English (Wallace, 2004) into daily contact, the nature of digital communication is aiding in the demise of a standard English.   Instant messaging, text messaging, and other technological forms of communication are creating new writing practices that often undermine traditional, standard English for the sake of faster, more effective communication. English is becoming more complex than ever, and our students will need to be flexible and efficient users of a vast array of discourses that isolated, drill-oriented grammar lessons simply will not teach. We need to be able to make meaning from the array of multimedia, complex visual imagery, music and sound, even virtual worlds that confront us each day in addition to written and spoken words. Changes in society are occurring so rapidly that we need to take time to think about whether they will have positive or negative effects upon our ways of living. Conclusion Lonsdale et al (2004) imply that the meaning of literacy has changed over time from an elementary decoding of words to a range of more complex and diverse skills and understandings. There is a need for these changes to be understood, against a background of economic, social, political and cultural. Literacy as a social practice should be considered in context, rather than the convention of literacy as an individual, cognitive skill. The new skills are premised on the idea that much higher order skills such as critical thinking are now needed by all students. Goodwyn et al (2003) suggest that students once needed literacy to be told what to do; now they need it to know what to do without being told. Street (1985) implies that Ideological literacy requires that we view literacy as much more than the ability to decipher or encode messages on paper. We have to view literacy in the dynamic contexts of politics, social change, development, education, religion, philosophy, confrontation, and even war. Practitioners of critical literacy have forcefully made the point that literacy is a mechanism of political control as well as a tool for liberation. These views of literacy are not mutually exclusive. Rather, they represent points on a continuum between action and system. At one extreme, autonomous literacy is viewed as something isolated from everything else, as a personal skill or characteristic. At the other extreme, it is seen almost as a primal element in the construction of reality. (SIL, 1999) The teaching of critical thinking plays a central role in the teaching of critical literacy. As the world becomes more complex, increasingly flattened, and, one might argue, ever more interesting and challenging, our students must be prepared to enter it as competent, thoughtful, and agentive readers and communicators. In order to prepare them effectively, we as literacy educators must make changes to literacy curricula that traditionally view knowledge making and communication as straightforward, text-based, and individualized, a perspective that was only appropriate before the recent explosion in communicative technologies and resulting economic, social, and cultural realities. To prepare students who can be active and effective world citizens able to make thoughtful decisions and solve global problems, we must first help them to be critical, meta-aware thinkers and communicators. (NOTE, 2007) A consequence of these views of literacy has been that specialists in the field have become more aware that literacy, in both theory and practice, is more than a simple technical skill. Literacy, by itself, does not lead to health, wealth, happiness, and national development. Literacy is but one element in the development process. The other elements must be included if developmental aspirations are to be attained. (SIL, 1999) Word count: 2063

The Purpose Of Training And Development For Employees Management Essay

The Purpose Of Training And Development For Employees Management Essay Placing employees in job does not ensure there success. New employees are often uncertain about their role and responsibilities. Training and development both are needed for them, once employee have been trained and mastered their jobs, they may need further development to prepare for their further future responsibilities. And with ongoing trend towards greater work force diversity, flatter organizations and increased global competition, training and development efforts are very important. Steps of Training And Development : There are four steps Need Assessment. Lay down objectives. Program Contents. Learning Principle. Need Assessment : Need assessment diagnoses the current problem and future challenges. In this it is checked that an employee need the training or not. This can be find out through his supervisor, clients and employee him self inform us that he need training and development or not. There is an other source through which we come to know that employee need it or not, that is ACR ( annual confidential report ).Its all about employees performance. Lay down objectives. These are the objectives of training that for what object training is conducted. These objectives are decided on the bases of need assessment, that which type of training or development is required. Program Content : Program contents is also compulsory to come to know that in which sequence we have to run our plan of training and development, because sequence is compulsory in every thing/. 4- Learning Principle. Learning principle include five principles, as follow. Repetition. Participation. Relevance. Transfer. Feed Back. All the five principles are very important Types of Training and Development : There are 2 types ON-Job OFF-Job There are also 4 types of on-job training and development, and there are 5 types of off-job training and development. Training is one of the most important parts of an organizations overall Strategy. Before starting a particular venture or considering a potential acquisition, the first question arises that, whether there are required skills present in the organization or not. Typically all key skills required for efficient management of a company must be available in a company; however other non core activities can be outsourced. Need of training arises due to advancement in technology, need for improving performance or as part of professional development. Benefits of training are intangible and investing in training benefits both, organization and employees for a long period. Training enhances a worker level of skills. It provides sense of satisfaction, which is an intrinsic motivator. Training also provides organization multi skill employees. Training increases an employer commitment to their job and their organization. Better understanding of jobs reduces accidents. One of the most important benefits of training for an organization is that, it provides skills inside the organization which reduces overall cost of an organizations operations. Quality is one of the key features required for survival of an organization in long term. Total Quality Management (TQM) and other quality management techniques require staff training as an important requisite for its successful implementation. Customer satisfaction increases repeat business, which is a key to success. By training employees for promoting good customer relations will increase customer satisfaction and quality of service. Just-in time philosophy is one of the leading ideas in Japan. Better training will reduce waste and machine down time. A major portion of quality costs consists of supervision; by providing proper training this is reduced. Training increases productivity of employees and processes. High employee turnover may be a serious threat to an organization existence, major benefit of training is that it reduces staff turnover and help an organization to retain its staff. Better training can provide an organization competitive advantage over others in industry. In service industries the main source of an organization income is its staff expertise and skills, acquiring professional with high skills is comparatively expensive than training current employees to acquire those skills. Training is also a key requirement for new recruits; proper training helps them to understand the job, its requirements and responsibilities. Training also increases understanding of the organizational culture. Training programs increases communication between different levels of an organization. Any deficiency in processes and jobs are eliminated and those close to production processes become involve in the management. Staff empowerment is a recent trend in management; such empowerment will only be successful when proper training and development is provided to those empowered. Training is encompassing everything that is expected for the enhancement of organizational development and competencies. In order that the total performance may be improved, organizations need to have trained and experienced people. Sound organizations move along and administer training and development programs for the employees. These programs are purposive and meant to equip the employees with the necessary skills that are required for particular jobs. Besides, failing to reach an expected or required level of performance of the employees or declines in the productivity orchanges due to technological breakthroughs also necessitate training and development programs to be administered in the organizations. Also, the complexities of various jobs emerge the importance of training and development programs. Training is a process of learning as well as the application of acquired knowledge aiming at better performance of the employees, while development involves not only the related process but also helps the employees in building up their personalities, at the same time as, improving their progress towards the actualization of their full potentials. It is training and development programs that bring about tremendous change in terms of knowledge, attitudes and behavior of the employees. Owing to these programs, the employees are not only well acquainted with what is expected of them and how they need to enhance their skills and competencies but also it is a way to achieve overall organizational development, effectiveness and efficiency in a desired manner. Management appoints leaders, the managers, who influence the employees so that they can make goal directed efforts to produce the desired results. They inspire the employees for the accomplishment of organizational goals. They build up competencies and ethical standards. They direct the employees towards defined objectives of the organization while providing effective training and development programs. They enthuse and motivate them so that the tasks can be carried out effectively and efficiently. Before the training programs being implemented, the need of training is identified. It is ensured whether training can serve the purpose. Depending upon the needs of various jobs, different methods of training programs are conducted, such as, on-and-off the job methods, special lectures, conferences and seminars. The purpose of on-the-job method is to involve the employees in learning while they are at work, whereas through off-the-job training program, the employees need to leave the work place so as to spend the required duration in the learning process. Special lectures are meant to create the awareness of fundamental knowledge. By way of arranging conferences, various discussions are held on the points of common interest, in regard to the organization and various issues, ideas are collected and experience is shared in order to deal with the problems. With critical discussions, the participants of seminars study the various aspects and the complexities of particular jobs. The sole purpose of training and development programs is to build the necessary skills of the employees and to create positive feelings among them. Its a fact and apposed to the supposition that man can do things what he believes he can. Thus, a true leader is the most influential person to build self-confidence of the employees. He is a source of inspiration to his subordinates. He strives to instill the team spirit by making his members believe that they are capable of doing challenging tasks. This is how the employees learn many things and develop their personalities while improving organizational competence under the healthy environment of an organization. A trained and skilled employee is far better than those untrained and unskilled. He becomes competent and performs his assigned task independently. As an illustration, once an untrained employee asked his friend who was trained, After all what you learn by training program? I dont think its of any worth. He replied jokingly, We are trained even how to ask questions and the art of effective communication which you seem to be lacking. In fact, its funny instance but it reveals the fact as training is all encompassing it covers all necessary skills of the employees required in the workplace while motivating them to work in a desired and capable manner. The major benefits of training and development programs are that the employees who are trained need lesser supervision than those who are not. Purpose and Importance Of Training and Development For Employees and Organization : As I discuss above that training and development in every field of life is very important to stay with time. Utilization of Human Resources become Optimized: Training and Development helps in optimizing the utilization of human resource that further helps the employee to achieve the organizational goals as well as their individual goals. Development of Human Resources Training and Development helps to provide an opportunity and broad structure for the development of human resources technical and behavioral skills in an organization. It also helps the employees in attaining personal growth. Development of skills of employees Training and Development helps in increasing the job knowledge and skills of employees at each level. It helps to expand the horizons of human intellect and an overall personality of the employees. Productivity Training and Development helps in increasing the productivity of the employees that helps the organization further to achieve its long-term goal. Team spirit Training and Development helps in inculcating the sense of team work, team spirit, and inter-team collaborations. It helps in inculcating the zeal to learn within the employees. Organization Culture Training and Development helps to develop and improve the organizational health culture and effectiveness. It helps in creating the learning culture within the organization. Organization Climate Training and Development helps building the positive perception and feeling about the organization. The employees get these feelings from leaders, subordinates, and peers. Quality Training and Development helps in improving upon the quality of work and work-life. Healthy work-environment Training and Development helps in creating the healthy working environment. It helps to build good employee, relationship so that individual goals aligns with organizational goal. Health and Safety Training and Development helps in improving the health and safety of the organization thus preventing obsolescence. Image Training and Development helps in creating a better corporate image. Profitability Training and Development leads to improved profitability and more positive attitudes towards profit orientation. Training and Development aids in organizational development i.e. Organization gets more effective decision making and problem solving. It helps in understanding and carrying out organizational policies Training and Development helps in developing leadership skills, motivation, loyalty, better attitudes, and other aspects that successful workers and managers usually display. Training and Development demonstrates a commitment to keeping employees on the cutting edge of knowledge and practice. Although training helps employees do their current jobs, the benefits of training may extend throughout the person career and help develop that person for future responsibilities. Development, by contrast , help the individual to handle the future responsibilities with little concern for current job duties. Lets take an example of Banking sector and other industries. Example # 1 In banking single person performing different kind of duties in different days, thats why he can easily handle the stress of work and Varity of work, basically bank giving him on-job training during his duty by assigning him different seats to perform different work and due to this, it give benefits of bank, and also employee become polished. Example #2 Similarly if we see in other industries or in defense forces (air force, military, navy) company / organizations send abroad his employees or send to other training and development institutions for future benefits for both organization and employee. And in the end employees pay back for this to organization in shape of benefits and profits. Its biggest example is SAMSUNG. Example # 3 Now if we see the training and development of MacDonalds, a normal person can say that there is no need of training and development for its employees, because they are already well trained, but they continuously doing the process of training and development for their staff. The reason behind this is that they want to get maximum profit day by day and that want to stay in market, and the other important reason is this that they want to up-to-date their knowledge about innovations, coming circumstances, new dishes and etc. Thats why they are able to stay stand with its competitors. Typical Reasons for Employee Training and Development Training and development can be initiated for a variety of reasons for an employee or group of employees, e.g.,: When a performance appraisal indicates performance improvement is needed . To benchmark the status of improvement so far in a performance improvement effort. As part of an overall professional development program . As part of succession planning to help an employee be eligible for a planned change in role in the organization . To train about a specific topic (see below) . Typical Topics of Employee Training Communications: The increasing diversity of todays workforce brings a wide variety of languages and customs. Computer skills: Computer skills are becoming a necessity for conducting administrative and office tasks. Customer service: Increased competition in todays global marketplace makes it critical that employees understand and meet the needs of customers. Diversity: Diversity training usually includes explanation about how people have different perspectives and views, and includes techniques to value diversity Ethics: Todays society has increasing expectations about corporate social responsibility. Also, todays diverse workforce brings a wide variety of values and morals to the workplace. Human relations: The increased stresses of todays workplace can include misunderstandings and conflict. Training can people to get along in the workplace. Quality initiatives: Initiatives such as Total Quality Management, Quality Circles, benchmarking, etc., require basic training about quality concepts, guidelines and standards for quality, etc. Safety: Safety training is critical where working with heavy equipment , hazardous chemicals, repetitive activities, etc., but can also be useful with practical advice for avoiding assaults, etc. Sexual harassment: Sexual harassment training usually includes careful description of the organizations policies about sexual harassment, especially about what are inappropriate behaviors. General Benefits from Employee Training and Development There are numerous sources of online information about training and development. Several of these sites suggest reasons for supervisors to conduct training among employees. These reasons include: Increased job satisfaction and morale among employees Increased employee motivation Increased efficiencies in processes, resulting in financial gain Increased capacity to adopt new technologies and methods Increased innovation in strategies and products Reduced employee turnover Enhanced company image, e.g., conducting ethics training (not a good reason for ethics training!) Risk management, e.g., training about sexual harassment, diversity training. How Training benefits the organization : Leads to improve profitability and more positive attitude towards profit orientation. Improve the job knowledge and skills at all levels og organization. Improve the moral of the work force. Help people to identify the organization goals. Help to create a better corporate image. Fosters authenticity openness and trust. Improve the re3lationship between boss and subordinates. Aids in org developments. Learns from trainees. Aids in understanding and carring out organizational policies. Provide information for further need in all area of organization. Organization get more effective decision making and problem solving. Help in developing leadership skills, motivation, loyalty, and better attitude. Increase the productivity and quality of work. Helps in keep cost down in many areas. Develop the scene of responsibility to the organization for being competent and knowledgable. Improve labor-management relations. Reduce outside consulting cost by utilizing internal competent sources. Eliminates suboptimal behavior. Create appropriate climate for better growth and communication. Aids in handling conflicts, there by halping to prevent stress and tension. Benefits to the Individuals which in turn Ultimately should benefit the Organization : Helps the individuals in making better decisions. Through training and development, motivational variables of recognition, achievement, growth and advancement are internalized. Aids in encouraging and achieving self development and self-confidence. Helps a person to handle stress, frustration and conflicts. Increase job satisfaction. Helps in eliminate fear in performing new tasks. In the ending I personally want to say that with the other things Training and Development is very important and compulsory for the success of any business. Where finance is the oxygen for the business, training and development is like the back bone of the business. Because development is needed with the passage of time, if you make no training and development programs and unable to train your employees, you become bored for your stake holders, and you will loss the race.

Blogging: Its for everyone Essay -- essays research papers fc

Recently, Merriam-Webster announced that, based on â€Å"online lookups,† the number one word of the year was â€Å"blogs† (Morse, Page 1). Their definition of a blog is â€Å"a web site that contains an online personal journal with reflections, comments, and often hyperlinks provided by the writer† (Morse, Page1). This definition is inaccurate based on my research, as blogs are not always â€Å"personal† and can include more than one author. Throughout my research, many bloggers in the blogoshere have referred to websites as blogs that discuss business only, business and personal details, and more than mere â€Å"reflections† of a personal nature. As blogs become more popular and affect different forms of communication with a higher degree of magnitude, I am confident that the definition of blogs will morph closer to my definition of blogs (short for weblog, a web site that contains an online journal including, but not limited to, reflections, com ments, and often hyperlinks provided by the writer(s)) than the Merriam-Webster definition. This paper will discuss blogs (what they are), bloggers (who they are), blogging (should you do it and is it profitable), and the impact of blogs on media. I will start by talking about how blogs started, and who some bloggers are. Next, I will discuss the amount of revenue that can be made, and how that revenue is made, from starting a blog. Finally, I will show the impact blogs have had on the mainstream media, specifically, the most recent Presidential Election. The culture of the internet has created a subculture of bloggers that, as evidenced by the number of persons looking to find a definition of the word (however inaccurate the definition may be), is growing in popularity and is therefore a prescient topic for persons to be informed about. Blogging started, albeit without a proper name and with an even more vague definition, as soon as the internet was invented. Just as writing a journal started with the first writers thousands of years ago, blogs arose at the same time as the medium of the internet was born. This created some new challenges to the conventional writer. According to The Handbook of Digital Publishing, the greatest strength of publishing online material is â€Å"displaying the interrelated nature of information connected with hyperlinks† (Kleper, Page 197). The use of hyperlinks is extensive in blogs... ... power of a blog, everyone now can own their own version of Leibling’s press, and the power of that concept is freedom at its highest form. Bibliography Ante, Spencer. â€Å"Blogging for Dollars.† www.businessweek.com/magazine/content/03_30/b3843096_mz016.htm 2004. Page 1. Brewer, Jay. â€Å"Shaving Blog.† www.shavingstuff.com 2004. Page 1. Bushell, Sue. â€Å"Blogging for Profit.† www.cio.com 2004. Page 1. Case, Karl and Fair, Ray. â€Å"Monopolistic Competition and Oligopoly.† Principles of Microeconomics. Prentice Hall. 2004. Page 281. Gard, Lauren. â€Å"Blogging by the Numbers.†www.businessweek.com. 2004. Page 1. Kleper, Michael. â€Å"What Makes Web Site Visitors Come Back?† The Handbook of Digital Publishing. Prentice Hall. 2001. Pages 194, 196. McGann, Rob. â€Å"Blogging Tips† www.smallbusiness.blogspot.com 2004. Page 1. Meeker, Mary. â€Å"Annual Report 2004" www.smallbusiness.blogspot.com 2004. Page 1. Morse, Allan. â€Å"Home Page.† www.merriam-webster.com 2004. Page 1. Rowse, Darren. â€Å"To Blog or Not to Blog?† www.livingroom.org 2004. Page 1. Simpson, James. â€Å"L† Simpson’s Contemporary Quotations. Prentice Hall. 1988. Page 82.

Free Essays - Hunting Scenes in Sir Gawain and Green Knight :: Sir Gawain Green Knight Essays

Sir Gawain and the Green Knight – The Hunting Scenes Often when a story or lesson is to be relayed, the teller will describe the story or lesson by using an example that parallels the lesson. This can be an effective method of portraying a story. in Sir Gawain and the Green Knight, the hunting scenes of Bertilak parallel the tests given to Gawain during his stay at Hautdesert Castle. Bertilak's first hunting scene was of a deer hunt. Bertilak knew when he first started his hunt that he would have to use similar skills against this animal of great speed and nimbleness. Bertilak knew he would have to display patience and stealth to hunt this animal- Back at the castle, Gawain also had to use similar skills to resist Bertilak's wife's advances. When first approached by Bertilak's wife, Gawain reacted by lying still as if he were asleep, and then using his alertness and stealth to evade Bertilak's wife's temptations. This was portrayed when the author writes, "Lay hidden till the light of day gleamed on the walls,/Covered with fair canopy/" (1181-1182). Sir Gawain evaded Bertilak's wife's advances using skills of patience and stealth, which paralleled the skills that would similarly be used when hunting deer. Bertilak then hunts a viscous boar- In this hunt, people and animals were severely injured. Different from hunting a deer, Bertilak must use different skills to hunt the boar. Similarly, Gawain must use a different approach when he is again visited by the lady. Like the boar, the lady's approach to Gawain is more forward. Both Bertilak and Gawain must each use strength, aggressiveness and stamina in their battles. Sir Gawain shows this strength when he says, 'Tor I dared not do that lest I be denied./ If I were forward and refused, the fault would be mine./" (1494-1495). In the third and final hunting scene, Bertilak hunts a cunning fox. In this instance, the hunter must use his own wit to outsmart the fox. Bertilak knows this. He uses his intelligence and quick wit to outsmart the fox. Sir Gawain also experienced a cunning test. Gawain used his sly wit against the lady's third visit by cunningly resisting her offers because of his vows and the fact that he is a guest in Bertilak's home. Sir Gawain resists the lady's advances, as well as her offer of an expensive gift, The lady then offered Sir Gawain a green sash. Free Essays - Hunting Scenes in Sir Gawain and Green Knight :: Sir Gawain Green Knight Essays Sir Gawain and the Green Knight – The Hunting Scenes Often when a story or lesson is to be relayed, the teller will describe the story or lesson by using an example that parallels the lesson. This can be an effective method of portraying a story. in Sir Gawain and the Green Knight, the hunting scenes of Bertilak parallel the tests given to Gawain during his stay at Hautdesert Castle. Bertilak's first hunting scene was of a deer hunt. Bertilak knew when he first started his hunt that he would have to use similar skills against this animal of great speed and nimbleness. Bertilak knew he would have to display patience and stealth to hunt this animal- Back at the castle, Gawain also had to use similar skills to resist Bertilak's wife's advances. When first approached by Bertilak's wife, Gawain reacted by lying still as if he were asleep, and then using his alertness and stealth to evade Bertilak's wife's temptations. This was portrayed when the author writes, "Lay hidden till the light of day gleamed on the walls,/Covered with fair canopy/" (1181-1182). Sir Gawain evaded Bertilak's wife's advances using skills of patience and stealth, which paralleled the skills that would similarly be used when hunting deer. Bertilak then hunts a viscous boar- In this hunt, people and animals were severely injured. Different from hunting a deer, Bertilak must use different skills to hunt the boar. Similarly, Gawain must use a different approach when he is again visited by the lady. Like the boar, the lady's approach to Gawain is more forward. Both Bertilak and Gawain must each use strength, aggressiveness and stamina in their battles. Sir Gawain shows this strength when he says, 'Tor I dared not do that lest I be denied./ If I were forward and refused, the fault would be mine./" (1494-1495). In the third and final hunting scene, Bertilak hunts a cunning fox. In this instance, the hunter must use his own wit to outsmart the fox. Bertilak knows this. He uses his intelligence and quick wit to outsmart the fox. Sir Gawain also experienced a cunning test. Gawain used his sly wit against the lady's third visit by cunningly resisting her offers because of his vows and the fact that he is a guest in Bertilak's home. Sir Gawain resists the lady's advances, as well as her offer of an expensive gift, The lady then offered Sir Gawain a green sash.

Articles of Confederation Essay

With intentions of creating a united nation, colonial leaders developed the Articles of Confederation. Although the Articles of Confederation helped lead the United States to the creation of the Constitution, it did not provide for an effective government from 1781 to 1787, do to its lack of power to control commerce and impose taxes, the failure to amalgamate its people as a country, and its inability to enforce laws. Though its overall ineffectiveness, the Articles of Confederation (the Articles) had several positive results. One positive effect was that kept the states united during the war. This helped greatly in successfully dealing with western lands. The Land Ordinance of 1785 distributed land in an organized manner among the states. Another purpose for this was to create land for education. The Northwest Ordinance of 1787 led to western expansion, forbid slavery north of the Ohio River. Although there were disputes about the distributions, the land was generally divided fairly. (Doc E) The Articles of Confederation preserved sovereignty and the republican ideology held on to by the Real Whigs of the colonial era. This would allow for the equality of the thirteen states having the right to vote on different aspects of the Articles. One of the major issues that was not incorporated in the Articles of Confederation was their power to control a monetary system. This included imposing taxes on the states and regulating commerce. This flaw allowed various states to create different laws concerning taxes that would conflict with each other. A growing problem at the time was that every state had their own money system which created troubles when using money from state to state. With each state having their own money, and having no value from state to state, the market value of United States Exports declined sharply from 1775 when exports were booming, to 1787. (Doc B) Another major factor in this was the increase in cheap British imports. In addition to the fact that the Articles did not give the central government the power to have a central monetary structure and force taxes on the states, the pre-war debt rose. Money owed to soldiers for service was unable to be paid largely due to their inability to maintain a stable income that would come through taxes. Doc. C) Congress had hoped that each state would comply with the tax quota they had â€Å"requested† from each state. From that, they would receive about one-fourth of these requests. Along with the monetary imperfection under the Articles of Confederation, the states failure to unify led it to be ineffective for the United States government. For example, when dealing with western land, the government did not have much authority and states we continuously gaining and loosing land. (Doc E) This threatened the accord of the states. An example of being unable to come together would be Rhode Island when they declined to attend the Constitutional Convention because they believed that oust their state power and would lead to the creation of a stronger central government. They also disagreed with Congress in that they were able to propose an impost on imported goods. This was mainly applied to the commercial states, Rhode Island being one of them. (Doc A) One of the major reasons why the Articles proved to be ineffective was the lack of a strong central government. One power the government was entitled to but never implemented heavily on the states as they should have was the authority to sign treaties with other countries. In some cases they failed to even do this. For example, the southern portion of the Mississippi River was being controlled by Spain and although the government attempted to fix this issue, they were unable to do so and rolled over. (Doc F) Along with Spain, Britain still held forts in western land and in lower parts of Canada that influenced the United States greatly by disrupting trade. This became an issue because of the debt held on to by the US and the money owed to the British merchants by the American merchants. (Doc D) This issue came into perspective because of the abused rights given in the Treaty of Paris. (Doc D) Out of the Articles of Confederation, many great things were brought to the attention of the United States government that was able to be put forth toward the establishment of the Constitution. But in doing so provided the United States with an ineffective government from 1781 to 1787. Their incapability to regulate commerce and enforce taxes on the states was a major factor in the unsuccessful government under the Articles. Also, the lack of unification amongst states and people influenced this. The powers granted within the Articles of Confederation to the government regarding foreign affairs were established but then were not deeply enforced, showing a weak command. Despite the Articles of Confederations ineffectiveness on the United States government, it proved to help in the creation of the Constitution in a positive way.

Margaret Floy Washburn

Margaret floy Washburn was a strong intellectual charwoman, the first woman to receive a Ph.D. in psychology, was born(p) on July 25th in Harlem in New York City to parents who strongly promote intellectual pursuits. Washburn was notably a teacher, nonetheless she worked in many areas of psychology and it known for her contributions in theory development (including her push back theory), experimental work, animal behavior and overlord service.Besides publishing over cc scientific articles and reviews, she translated Wundts Ethical Systems, 1897, and wrote two books The sentient being Mind, 1908 and Movement and Mental Imagery, 1916. Between 1905 and 1938, she make sixty-eight studies from the Vassar psychological Laboratory-an undergraduate testing ground with 117 students as joint authors. The summers of 1913-1917 she taught psychology in the summer sessions at Columbia University the bounds of 1928 when, on her only sabbatical leave, she took a Mediterranean cruise and the summers of 1929 and 1932 during which she traveled to England and Copenhagen.She was cooperating editor in chief of the mental Bulletin, 1909-1915 associate editor of the ledger of Animal Behavior, 1911-1917 advisory editor of the Psychological Review, 1916-1930 and associate editor of the Journal of comparative degree psychology, 1921-1935. In 1921, she was president of the American Psychological Association that same year, she was awarded a appraise of $500 by the Edison Phonograph keep company for the best research on the effect of musica study of The steamy Effects of Instrumental Music in collaboration with a colleague in the Department of Music at Vassar. In 1932, she was the U.S. delegate to the International Congress of Psychology in Copenhagen.

Muslim Societies Essay

The mis histrionics of Islamic societies is nothing new, especially when they ar be covered by the westward media. Moslem communities, in reality, span a wider point of customs dutys and cultures especially when compargond to Christian communities. Then again, as they are represented by Western media, Moslem communities are considered as monolithic. This is mediocre one of the many cases that prove how misrepresent the depiction of Moslem communities are.Western media besides tends to consider Muslim states as Islamic without even fully comprehending the differences of the ways in which Islam coexists with the state in various nations. It is besides important to consider the complexness of these interactions which to the highest degree Western media fail to realize. To provide a wider perspective on this issue, a set aside entitled analyze Muslim Societies companionship and the State in a humanness Civilization, edited by Juan R. I. Cole, is penned. This book conta ins eight tests from different writers across the globe. It also provides the reviewer several suggestions for further reading.Below is a list of some of the demonstrates included in the book and reviews of each essay are as follows First Reviewed turn up Nikki Keddies Material Culture, Technology and Geography Toward a Holistic Comparative Study of the pith easternmost. This essay is much or less the influence of ever-changing technologies in the development of Middle East history. The author argues that it is important for historians to interact with engineers and archaeologists, because this is a more effective way to better(p) understand the culture taking tramp in the Middle East.The author suggests that a historian, when not intimidated by Altusser, Foucault and Freud, forget most likely just freeze about the main thesis of the affair when simple topics on textile looms are included. Yet, these simple discussions on tools used in history are super crucial parts of the rich history of Islamic communities (Yee, 1992). Second Reviewed Essay Charles Lindholms Quandries of program line in Egalitarian Societies Examples from Swat and Morocco. What Charles Lindholm did to this essay is to find the challenges of reconciling obvious inequities of top executive and resources with egalitarian ethos and an egalitarian religion.He do special mention of the Berbers of Morocco and the Swat Pukhtun of Pakistan. What do this essay interesting is his excellent comparisons in the midst of the mentioned societies and the United States because the discrepancies between these groups are highly manifested and obviously existing (Yee, 1992). Third Reviewed Essay Dale Fickelmans The Art of Memory Islamic Education and Its Social Reproduction. It is this essay that made readers consider more about the transmission of detecting taking quad in Morocco during the first years of the century.In traditional system of education in Islamic communities, rote-learni ng is highly observed. This aspect of their tradition is never magnified and often ignored. However, with Dale Eickelmans essay, he showed his readers the more complicated belief of this type of education. He emphasized the melodic theme of rote-learning and related it to the role of this type of exercise to a social context. Comparisons were made accomplishable with the use of Western educational traditions and Muslim social systems (Yee, 1992). Comparing Muslim Societies is a book that is nothing short of a genius.What this book caters to are students taking up sociology and anthropology, especially if they are starting to be introduced to the Islamic world. Then again, since this book has to realize a wide readership since it deserves that anyway, this book thence also appeals to general readers who want to learn more about Islam and Islamic communities. Readers will be given a more thoughtful look on a subject such as the representation of Islam which is the same subject th at is given very scant attention by mainstream media today.Readers of Comparing Muslim Societies will undoubtedly learn to be more considerate when coming studies and discussions about Islamic communities. References Cole, J. R. (ed). (1992). Comparing Muslim Societies Knowledge and the State in a World Civilization. University of Michigan Press. Yee, D. (1992). Comparing Muslim Societies Knowledge and the State in a World Civilization A check Review. Danny Yees Book Reviews Website. February 26, 2009, from http//dannyreviews. com/h/Comparing_Muslim_Societies. html.